1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
gulaghasi [49]
3 years ago
14

Camera 1 costs $4,900. It should last for eight years and have annual maintenance costs of $220 per year. After eight years, the

magazine can sell the camera for $290. Camera 2 costs $4,400. It will also last for eight years and have maintenance costs of $790 in year three, $900 in year five, and $1,000 in year seven. After eight years, the camera will have no resale value. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Required: 1-a. Assume that an interest rate of 8% properly reflects the discount rate in this situation and that maintenance costs are paid at the end of each year. Determine the total cost of cameras. 1-b. Which camera should Hollywood Tabloid purchase?
Business
1 answer:
lesya692 [45]3 years ago
4 0

Answer:

Use formula: (((F1^F2) - (F1*F2)) / ((F2-F1) + (F1*F2))) /  % of hours

Explanation:

You might be interested in
The process of joint decision making in which employees share a high degree of decision-making power with their superiors is cal
iVinArrow [24]

Answer:

The process of joint decision making in which employees share a high degree of decision-making power with their superiors is called Participative Management

5 0
2 years ago
Rosseta Technologies, an information technology service provider to a company based out of Germany, allows its employees to work
kondaur [170]

Answer: A.) An enterprise search software

Explanation: Placing restrictions on the search or retrieval of confidential data or information may be enforced through the use of an enterprise search software. The enterprise search software enables the retrieval of information or data from databases and other enterprise-level sources while also ensuring that these informations or data are made available to a defined audience or population by following carefully defines rules and compliance procedures in other to ascertain security of organizational data and information.

5 0
3 years ago
At the profit-maximizing level of output
tensa zangetsu [6.8K]

Answer:

The correct answer is letter "C": marginal revenue equals marginal cost.

Explanation:

The profit-maximizing level of output for every type of firm is reached when the marginal revenue of production equals the marginal cost meaning that the additional cost of selling one more unit equals the cost of producing one more unit.

Marginal costs vary according to changes in production. Because of that, managers must identify when those events happen to calculate the profit margin (percentage sales that are converted into profits) of the firm to avoid losses.

5 0
3 years ago
Offer. Ball writes to Sullivan and inquires how much Sullivan is asking for a specific forty-acre tract of land Sullivan owns. B
Fittoniya [83]

Answer:

Ball can certainly hold Sullivan to a contract for sale of the land.  Sullivan in his reply to Ball's enquiry offered to sell the forty-acre tract of land at $60,000 and nothing less.  Ball accepted this offer by Sullivan by stating his acceptance.

These exchanges of offer and acceptance meet the terms of a valid contract.  Therefore, Ball can always hold Sullivan for contract enforcement.

Explanation:

In making a valid contract, offer and acceptance are key ingredients, with specific consideration.  Since the two parties, Ball and Sullivan are agreed on the consideration and have exchanged offer and acceptance, the validity of the contract is enhanced thereupon.

7 0
3 years ago
Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest
Marizza181 [45]

Answer:

Widmer's Cash Budget for January, February, and March

January:

Opening Balance - $15,000

Cash Receipts - $30,000

Less Payments - $38,500

Difference - $6,500

Loan - $8,500

Closing Balance - $15,000

February:

Opening Balance - $15,000

Cash Receipts - $87,000

Less Payments - $85,000

Less Interest on loan -$85

Difference - $16,915

Loan Repayment- $1,915

Closing Balance - $15,000

March:

Opening Balance - $15,000

Cash Receipts - $85,000

Less Payments - $65,000

Less Interest on loan -$65.85

Difference - $34,934.15

Loan Repayment- $6,585

Closing Balance - $28,349.15

Explanation:

In January, $6,500 cash balance necessitated the taking of a loan of $8,500 in order to bring it to $15,000 required minimum.

In February, 1% interest was paid on $8,500 loan.  This gives $85.  Part of the loan ($1,915) was repaid to maintain the cash balance at $15,000.

In March, the interest on loan was 1% on  $6,585 $(8,500 -1,915) or the loan balance.  This gives $65.85 as interest paid.  The loan balance was also repaid because of the excess cash balance.

3 0
3 years ago
Other questions:
  • The factor that has the greatest impact on your credit score is what
    14·1 answer
  • How much taxes you pay on a 100k salary in new york state?
    13·1 answer
  • Why can trendy items be made more cheaply than wardrobe staples?
    7·1 answer
  • Locating dependable suppliers is part of the ————process?
    11·1 answer
  • which of the following is most likely to cause a decrease in equilibrium price and an increase in equilibrium quantity in the ma
    7·1 answer
  • Whitman Company has just completed its first year of operations. The company’s absorption costing income statement for the year
    6·1 answer
  • Which of the following statements about the American blended family is MOST ACCURATE? A. The blended family is too small to warr
    15·1 answer
  • In which system is private property found?
    5·2 answers
  • Bacchus Enterprises has $12B in book value of common stock selling at a book to market rate of 1.35 and a beta of 1.5. The combi
    9·1 answer
  • Why do retailers offer credit?​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!