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Ad libitum [116K]
3 years ago
6

A security firm is offered $80,000 in one year for providing CCTV coverage of a property. Thecost of providing this coverage to

the security firm is $74,000, payable now, and the interestrate is 8.5%. Should the firm take the contract?
Business
1 answer:
e-lub [12.9K]3 years ago
5 0

Answer:

contract s not acceptable

Explanation:

Given data:

worth of CCTV coverage contract = $ 80,000

Coverage Cost   = $ 74,000

Interest rate = 8.5%

Present value of the CCTV coverage is PV

PV = \frac{$ 80,000}{1.0850} = $ 73,732.72

As we can see from above calculation that present value of receivable amount is less than  current cost, hence the contract is not acceptable

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Use the graph to answer the question that follows.
Damm [24]

The movement from point B to point A is due to the price that companies can charge for the product decreases. Therefore the 3rd option is correct.

<h3>What is supply?</h3>

Supply is the economic concept which refers to the availability of the products and commodities in the market in order to satisfy the needs of the consumers.

According to the Graph, The prices of the commodity is decreased from $20 to $5 and output is also decreased from 200 units to 100 units which implies the decrease in the prices of the product which further implies the decrease in the level of supply.

Therefore the 3rd option is correct.

Learn more about supply here:

brainly.com/question/9054714

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5 0
1 year ago
The owner is his or her own boss
Yanka [14]
Answer: the owner is her own boss



let me know u need help
7 0
2 years ago
On January 1, you sold short one round lot (that is, 100 shares) of Lowe's stock at $24.50 per share. On March 1, a dividend of
Naddik [55]

Answer:

$2,435

Explanation:

Data provided in the question:

Number of shares sold = 100

Price of Lowe's stock  = $24.50 per share

Dividend paid = $3.20

Price of buying stock = $20.00 per share

Commission paid = 15 cents per share = $0.15 per share

Now,

Total cost of selling the shares = $24.50 × 100

= $2,450

Total commission = $0.15 × 100

= $15

Therefore,

Proceeds from the short sale = $2,450 - $15

= $2,435

8 0
3 years ago
Concord Co. had sales revenue of $555,600 in 2020. Other items recorded during the year were: Cost of goods sold $320,200 Salari
NARA [144]

Answer:

                          Concord Co.

                     Income Statement

    For the Year Ended December 31, 2020

Revenues:

Sales revenue                                          $555,600

Expenses:

Cost of goods sold                                ($320,200)

Salaries and wages expense                 ($120,100)

Other operating expenses                        ($11,210)

Income tax expense                               ($25,590)

Net income:                                               $78,500

Earnings per share:                                       $0.74

Increase in value of company reputation and unrealized gain on value of patents are not included in this income statement.

8 0
3 years ago
What are chemical contaminants
vaieri [72.5K]

Answer:

Chemical contaminants are chemicals toxic to plants and animals in waterways. The phrase 'chemical contamination' is used to indicate situations where chemicals are either present where they shouldn't be, or are at higher concentrations than they would naturally have occurred.

Explanation:

8 0
2 years ago
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