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Masja [62]
3 years ago
8

Mason is restoring a car and has already spent $3500 on the restoration. He could sell the car now for $2800. However, if Mason

does an additional $2000 of work, the car would be worth $5000 to potential buyers. What should Mason do?
Business
1 answer:
frez [133]3 years ago
7 0

Answer:

mason complete the additional work $5000 after that he sell and get profit $200

Explanation:

given data

spent on restoration = $3500

sell car = $2800

additional work = $2000

car price = $5000

to find out

What should Mason do

solution

we say here after spending $3500 selling cost is $2800 so

loss will be 3500 - 2800 = $700

so if additional work is $2000

total present value will be = ( $2800 + $2000 )

total present value = $4800

so now if he sell car at $5000

he get profit = ( $5000 - $4800 )

profit = $200

so mason complete the additional work $5000 after that he sell and get profit $200

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In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have
barxatty [35]

Answer:

a) An increasing number of import quotas

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c) Improvements in telecommunications

d) International trade agreements such as the General Agreement on Tariffs and Trade (GATT)

Explanation:

All of the above applies as in order to increase the international trade.

As with the increase in quotas there is a pressure to increase the imports. Further when there is easy chain of supply even in the international market that is railway facility is smooth and that the telecommunications is also easy.

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2 years ago
I make 100,000 a day but i need more how can i get more without customers getting mad??
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3 0
2 years ago
Watson, Inc. applies overhead cost based on direct labor hours. In completing the 200 units in job #120, the company incurred $1
andriy [413]

Answer:

Total cost= $24,000

Explanation:

Giving the following information:

Watson, Inc. applies overhead costs based on direct labor hours. In completing the 200 units in job #120, the company incurred $12,000 in direct materials and 500 direct labor hours at $18 per hour. The predetermined overhead rate is $6 per direct labor hour.

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Current operating income for Bay Area Cycles Co. is $34,000. Selling price per unit is $100, the contribution margin ratio is 25
leonid [27]

Answer:

break even point in unit =5440 units

break even point in sales = $544000

total sale = $680000

Explanation:

given data

Current operating income = $34,000

Selling price = $100

margin ratio = 25%

to find out

Bay Area Cycle’s break even point in units and total sales dollars

solution

we get here first break even point that is express as

break even point in unit =  \frac{fixed\ cost}{contribution\ per\ unit}   ..................1

break even point in unit =  \frac{136000}{100*0.25}

break even point in unit =5440 units

so

break even point in sales =  \frac{fixed\ cost}{margin\ ratio}   ..................2

break even point in sales = \frac{136000}{0.25}

break even point in sales = $544000

and

total sales will be

total sale =  \frac{operating\ income+ fixed\ expense}{margin\ ratio}   ..................3

total sale =  \frac{34000+136000}{0.25}

total sale = $680000

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