Britany farms 80 acres of soybeans. Her total expenses are $45,000, and she generates $48,000 from

George Kyparisis owns a company that manufactures sailboats. Actual demand for George's sailboats during each of the past four

expeople1 [14]

Answer:

Forecast for Spring season demand year 5 = 1,680 sailboats

Explanation:

total demand:

year 1 = 4,560

year 2 = 5,590

year 3 = 5,410

year 4 = 5,040

average quarterly demand:

year 1 = 4,560 / 4 = 1,140

year 2 = 5,590 / 4 = 1,397.5

year 3 = 5,410 / 4 = 1,352.5

year 4 = 5,040 / 4 = 1,260

Spring season demand:

year 1 = 1,520

year 2 = 1,400

year 3 = 1,640

year 4 = 1,580

Seasonal factor for Spring season:

year 1 = 1,520 / 4,560 = 0.3333

year 2 = 1,400 / 5,590 = 0.2504

year 3 = 1,640 / 5,410 = 0.3031

year 4 = 1,580 / 5,040 = 0.3135

Average seasonal factors for Spring season = (0.3333 + 0.2504 + 0.3031 + 0.3135) / 4 = 0.3

Forecast for Spring season demand year 5 = 0.3 x 5,600 sailboats = 1,680 sailboats

4 0

3 years ago

Suppose the economy is closed with national saving of $3 trillion, consumption of $10 trillion, and government purchases of $4 t

yanalaym [24]

Answer:

The correct answer is: $17 trillion.

Explanation:

The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces and it measures the size of the economy. The GDP is determined with the following formula:

GDP = C + G + I + NX

where:

C: private consumption or consumer spending
G: government spending
I: businesses' capital spending
NX: net exports (exports - imports)

In the example:

GDP = $3 trillion + $10 trillion + $4 trillion = $17 trillion

4 0

4 years ago

Doug, as a new project manager, has been described by his subordinates as not being a servant leader. Which of the following ite

const2013 [10]

Answer:

C) Doug tells his employees that he needs to know everything that is going on in the department, especially if someone is NOT buying into the project goals.

Explanation:

A servant leader is a leader that believes his/her main goal is to serve the organization. Servant leaders usually value employees' contributions and generally looks for them.

If Doug wants to know who is not buying into the project goals, he is not valuing employees' contributions, he is trying to impose his own views and ideas.

4 0

4 years ago

A retrofitted space-heating system is being considered for a small office building. The system can be purchased and installed f

Margaret [11]

Answer:

Retrofitted Space-Heating System

Benefit-Cost Ratio = $75,420/$121,521

= 0.6206

= 0.62

Benefit is less than 1. Therefore, project will not deliver positive NPV.

Recommendation:

It is better and cheaper to incur electricity costs than to purchase the retrofitted space-heating system. The retrofitting benefit does not justify the cost of the project.

Explanation:

a) Data and Calculations:

Purchase cost of system = $125,000

Salvage value (PV of $7,000 in five years) = $3,479

Total cost of project = $121,521 ($125,000 - 3,479)

Benefit of Project = Savings in 250,000 kWh annually

Cost of a kilowatt-hour = $0.09

Total annual cost of electricity = $22,500 (250,000 * $0.09)

Annuity Factor for 5 years = 3.352

Present value of annuity of $22,500 = $75,420 ($22,500 * 3.352)

Benefit-Cost = $75,420/$121,521

= 0.6206

= 0.62

6 0

4 years ago

Jason has a Visa credit card and the Annual Percentage Rate is 18%, what is the rate he will be charged interest on per month?

Keith_Richards [23]

Answer:

a. 1.5%

Explanation:

18% for 12 mo

18%/12 mo

1.5%/mo

5 0

3 years ago