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2 years ago

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Which of the following is an advantage of starting a new business? A. You have the security of following in someone else's foots

teps. B. You don't have to reinvent the wheel. C. You can expect a regular paycheck. D. You don't have to compensate for someone else's mistakes.

1 answer:

user100 [1]2 years ago

5 0

The correct answer choice is "D"

You might be interested in

Please help i will give brainliest

7nadin3 [17]

Answer:

the answer is 3.5 billion i think

5 0

3 years ago

A University of Iowa basketball standout is offered a choice of contracts by the New York Liberty.

Ratling [72]

Answer: <em>The lowest interest rate at which the present value of the second contract exceeds that of the first is </em><em>a. 7 percent</em><em>.</em>

Explanation:

<em>Calculating present values is a useful way to compare cases where money is to be received in the future. The higher the present value (when comparing cases where you get money), the better</em>. To calculate it, we make use of the next formula:

$PV=\frac{C}{(1+r)^{n}}$

Where PV: Present value,

C: Cash flow at a given period,

r: Interest rate, and

n: Number of periods that will have passed (in this case, we are talking about years).

Now, since we are getting money twice in each case (the first payment one year from today, and the final payment two years from today), we can restructure our present value formula to include these two payments. We will get something like this:

$PV=\frac{C_1}{1+r}+\frac{C_2}{(1+r)^{2}}$

<em>Notice how each fraction represents one of the payments received, with one having an 'n' of 1 year, and the other one having an 'n' of 2 years. C₁ and C₂ represent the first and the second payment, respectively.</em>

<em />

Now that we have our completed formula, let's review each contract's present value (PV) with the lowest interest rate (7%), just to see how it turns out. <em>Remember that 7% equals 0.07 in any formula</em>:

<em>Contract A) This one gives her $100,000 one year from today and $100,000 two years from today</em><em>.</em>

$PV_{A,0.07}=\frac{100000}{1+0.07}+\frac{100000}{(1+0.07)^{2}}\\PV_{A,0.07}=93457.944+87343.873\\PV_{A,0.07}=180801.817dollars$

So Contract A's present value at 7% interest rate would be equal to <em>$180801.817</em>.

<em>Contract B) The second one gives her $132,000 one year from today and $66,000 two years from today</em><em>.</em>

$PV_{B,0.07}=\frac{132000}{1+0.07}+\frac{66000}{(1+0.07)^{2}}\\PV_{B,0.07}=123364.486+57646.956\\PV_{B,0.07}=181011.442dollars$

So Contract B's present value at 7% interest rate would be equal to <em>$181011.442, </em><em><u>which exceeds that of Contract A</u></em><em>.</em>

<em>Since among our options of interest rates, 7 percent is the lowest one, and, with this taken into account, the present value of the second contract (Contract B) exceeded that of the first (Contract A), </em><em>the answer is a. 7 percent</em><em>.</em>

8 0

2 years ago

The global air-traffic control system and the world's major stock markets are examples of what kind of systems?

m_a_m_a [10]

Answer:

its probably interconnected

6 0

2 years ago

Nivan Co. issued $500,000 of 5 percent, 10-year, callable bonds on January 1, Year 1, at their face value. The call premium was

Sav [38]

Answer and Explanation:

The journal entries are shown below:

On Jan 1

Cash $500,000

To Bond Payable $500,000

(Being the issuance of the bond is recorded)

On Dec 31

Bond Payable $500,000

Loss on redemption $15,000 ($500,000 × 3%)

To Cash ($500,000 × 103%) $515,000

(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)

8 0

3 years ago

A company manufactures hair dryers. It buys some of the components, but it makes the heating element, which it can produce at th

stellarik [79]

Answer: Please see answer below

Explanation:

a)No of batches of heating elements produced annually =315 per day x 248 days

Batch size = 2300

No of batches produced annually = 315 x 248 / 2300 = 33.96 = 33.97 batches

b)

Number of inventory daily during production

= Daily production rate – Daily usage rate

= 830 – 315

= 515

so number of inventory on hand 4 days later = 515 per day x 4 days = 2060

c) Inventory for the heating elements = Batch size x ( 1 – daily requirement/ Daily production ) = 2300 x ( 1 – 315/830 ) = 2300 x ( 1 – 0.38) = 1,426

our minimum inventory per day =0

Average inventory = ( Max. inventory + Min inventory )/ 2 = 1426/2 = 713

d)we already have that 33.97batches of production of heating elements are required .

set up time of heating element per batch to use = 1/2 day

then Total set up time required in a year = 0.5 x 33.97days = 16.985 days

Number of heating elements required in a year = 315 per day x 248 days = 78,120

At production rate of 830 per day ,with no set up time required for heating element = 78120 /830 = 94.12 days

the total time required in a year for heating elements will now be

= Actual production time + Set up time

= 94.12 + 16.985

= 111.105 days

which means the spare time available annually to produce other components = 248 days – 111.105 = 136.895= 136.9 days

i )YES, since the time required to complete the other job is 6 days , there would be enough time because 6 days is less than 136.9 days of spare time

7 0

2 years ago