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MakcuM [25]
3 years ago
12

The landlord of an office building charges tenants $150 per hour for extra HVAC usage after hours. During the last three years,

usage has averaged approximately 500 hours per year. Assume that usage will increase by 10% over the previous average. In addition assume a 5% credit loss on the total HVAC income, what is the approximate HVAC revenue the landlord will realize?
Business
1 answer:
lidiya [134]3 years ago
8 0

Answer:

$78,375

Explanation:

Actual HVAC usage = 500 + (500 × 10%) = 500 + 50 = 550

Total HVAC income before credit loss = 550 × $150 = $82,500

Total HVAC income before credit loss =  $82,500 - ($82,500 × 5%) = $82,500 - $4,125 = $78,375

Therefore, the approximate heating, ventilation, and air conditioning (HVAC) revenue the landlord will realize is $78,375.

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In perfect competition, each additional unit of output that a firm sells will yield a marginal revenue that is:
il63 [147K]

Answer:

The correct answer is equal to price.

Explanation:

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The price level is determined at the point where the marginal cost is equal to price. The marginal revenue is always equal to price because the price is fixed at a point, each output level is supplied at the same price.

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Tyson is "likely to score high on emotional intelligence".

<u>Explanation:</u>

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Definition of diverse nation
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On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid
almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

We are to calculate the adjustment at December 31, 2021.

We need to calculate interest accrued at year end. The loan would have stayed for 10 months.

Interest= principal* rate* time

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Interest = $1,500

So we will debit interest receivable for $1,500 and credit interest revenue.

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3 years ago
Consider two scenarios for a nation's economic growth. Scenario A has real GDP growing at an average annual rate of 3.5 percent;
WARRIOR [948]

Answer:

20 years (scenario A) and 16 years (scenario B)

Explanation:

The real GDP will double in "n" number of years, with "n" estimated by interpolation using the formula below.

current GDP * (1+Growth Rate)^{n} = 2 * current GDP

In the solutions below, we assumed current GDP to be 1, and as a result, the GDP will double to 2.

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1 * (1+0.35)^{n} =2

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Thus, with an average annual real GDP growth rate of 3.5%, real GDP will double in about 20 years.

Scenario B

1 * (1+0.45)^{n} =2

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Thus, with an average annual real GDP growth rate of 4.5%, real GDP will double in about 16 years.

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3 years ago
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