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3 years ago

PS.02 A process that utilizes inexpensive general-purpose capital equipment will tend to have higher skilled workers.

Business

1 answer:

dsp733 years ago

5 0

Answer:

True

Explanation:

There are various manufacturing process some require skilled workers and some operations demand expensive machinery and capital equipment. The process that utilises inexpensive general-purpose capital equipment generally requires skilled workers to operate it. Inexpensive equipment is not easy to handle and require experts to maintain and operate, which is why the above statement is true.

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A firm has a fixed cost of $200 in its first year of operation. When the firm produces 99 units of output, its total costs are $

tatiyna

Answer:

total cost of producing 100 units is $4700

Explanation:

given,

Fixed cost = $200

Total cost = $4,000

The total cost of n units = total cost of (n-1) units +marginal cost of nth unit

The total cost of 100 units= total cost of 99 units+marginal cost of 100th unit

The total cost of 100 units = $4000 + $700

=4000+700

=$4700

the total cost of producing 100 units is $4700

3 0

4 years ago

jasper Corp. converts $1,000,000 into euros when the exchange rate is $1 = €0.75. After three months, the company converts this

riadik2000 [5.3K]

Answer:

net loss of $62,500

Explanation:

Today Jasper converted $1,000,000 into 750,000€ ($1 = €0.75)

In three months from now, Jasper turned the 750,000€ into $937,500 ($1 = €0.80). ⇒ 750,000 / 0.80 = 937,500

The result of these transactions is a net loss = $937,500 - $1,000,000 = -$62,500.

The net loss happened because the euro depreciated against the US dollar, i.e. it lost value.

8 0

3 years ago

the average cost for interplanetary space to fly a 100-seat spaceship between mars and amsterdam is $100 million. the $100 milli

rjkz [21]

Based on the fact that the average cost of interplanetary space to fly a 100-seat spaceship between Mars and Amsterdam is $100 million, then the $100 million is not marginal.

<h3>Which cost is marginal?</h3>

Marginal cost refers to the additional cost that we incur for wanting an additional unit of a product or service. This means that it is not an average score because it is concerned with one additional unit while the average is based on all units.

The $100 million for going into space between Mars and Amsterdam is an average cost. It is therefore not a marginal cost and cannot be grouped as one.

The first part of the question is:

Identify whether the scenario is an example of a marginal cost, marginal benefit, or neither.

Find out more on marginal cost at brainly.com/question/17230008

#SPJ1

7 0

2 years ago

A lender is considering what terms to allow on a loan. Current market terms are 8 percent interest for 25 years for a fully amor

ioda

Answer:

1. The origination fee that the lender should charge if Rich will repay the loan after 25 years = $20,000 approximately.

2. The origination fee that the lender should charge if Rich will repay the loan after 10 years = $6,600 approximately.

Explanation:

a) Data and Calculations:

Amount requested by Rich = $100,000

Amount the bank is willing to lend Rich = $95,000

Interest rate = 9%

Period of loan = 25 years or 10 years

From an online finance calculator:

At 10% interest rate:

PMT = $-10,465.97

Sum of all periodic payments = $-261,649.17

Total Interest = $166,649.17

At 9% interest rate:

PMT = $-9,671.59

Sum of all periodic payments = $-241,789.84

Total Interest = $146,789.84

Expected Origination Fee:

Interest at 10% = $166,649.17

Interest at 9% = $146,789.84

Required origination fee = $19,859.32 ($166,649.17 - $146,789.84)

This is equivalent to $20,000

Payment after 10 years:

At 10% interest rate:

PMT = $-15,460.81

Sum of all periodic payments = $-154,608.13

Total Interest = $59,608.13

At 9% interest rate:

PMT = $-14,802.91

Sum of all periodic payments = $-148,029.09

Total Interest = $53,029.09

Expected Origination Fee:

Interest at 10% = $59,608.13

Interest at 9% = $53,029.09

Required origination fee = $6,579.04 or $6,600 ($59,608.13 - $53,029.09)

7 0

3 years ago

[21] Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,

ehidna [41]

Answer:

B. $100,000 subtraction from net income $400,000 cash inflow

Explanation:

The income statment will include a loss on disposal.

The book value is 500,000 and was sold at 400,000

The loss on disposal will be 100,000

For the cash flow statement will recognize the cash proceeds from investment activities. It will ignore the loss on disposal. Cash generated on disposal of equipment will be 400,000

A.- INCORRECT the net income decrease, as it was a loss, not a gain.

C.- INCORRECT the net income decrease, as it was a loss, not a gain.

D.- INCORRECT the cash flow will recognize the amount of cash received. Which is 400,000 not 500,000.

8 0

4 years ago