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Ksivusya [100]
3 years ago
6

A small company heats its building and spends ​$8 comma 000 per year on natural gas for this purpose. Cost increases of natural

gas are expected to be 9​% per year starting one year from now​ (i.e., the first cash flow is ​$8 comma 720 at EOY​ one). Their maintenance on the gas furnace is ​$340 per​ year, and this expense is expected to increase by 12​% per year starting one year from now​ (i.e., the first cash flow for this expense is ​$380.80 at the EOY​ one). If the planning horizon is 13 ​years, what is the total annual equivalent expense for operating and maintaining the​ furnace? The interest rate is 15​% per year.

Business
1 answer:
vitfil [10]3 years ago
5 0

Answer:

Annual equivalent expense= -14514.51

Explanation:

Please see attachment

                                           

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Suppose the production of a good results in positive externalities. The market will tend to _______________ this good and the go
IgorLugansk [536]

Answer:

Suppose the production of a good results in positive externalities. The market will tend to <u>overproduce</u> this good and the good's marginal social benefits curve will <u>lie to the left of the good's demand curve.</u>

Explanation:

A positive production externality is the positive effect an activity imposes on an unrelated third party such as the positive effect production activity has on the market.

A positive externality exists if the production and consumption of a good or service benefits a third party not directly involved in the market transaction. For example, education directly benefits the individual and also provides benefits to society as a whole through the provision of more responsible citizens.

6 0
3 years ago
Eliminating the Drafty product line would eliminate $45,000 of direct fixed costs. The $78,000 of common fixed costs would be re
bagirrra123 [75]

Answer:

The Blowing's sand net income will increase by $45,000 by saving of direct fixed costs.

Explanation:

Fixed costs are costs which remains unchanged irrespective of the level of activity produced by Blowing Sand's, means the Blowing Sand's will have to bear that cost whether it eliminate the Drafty product line or not. example factory rent, building depreciation etc.

Direct Fixed costs are those which only incurred when the units are produced so that will only incur costs when production is made.

So the elimination of Drafty product line will save $45,000 of direct fixed costs and the remaining $78,000 will be redistributed to other remaining product lines which will not impact the net income.

6 0
2 years ago
During a period of rising prices, using fifo (first-in, first-out) inventory valuation method will result in ________ net income
dlinn [17]
The correct option is "higher".

<span>During a period of rising prices, FIFO provides the higher net income figures and during the period of falling prices, LIFO provides the higher net income figures.
FIFO stands for first in, first out.
LIFO stands for last in, first out.</span>
7 0
2 years ago
Joey moved from NY to NV because he was transferred by his employer, Big Casinos Inc. His employer reimbursed his moving expense
kow [346]

Answer:

Joey can claim as an adjustment to  income on Schedule 1, line 13:

d. $0

Explanation:

Joey cannot claim any adjustment to his income because moving expenses are no longer tax-deductible based on the new Tax Cuts and Jobs Act, 2017.  Instead of making any adjustment claim, the reimbursement by Joey's employer of his moving expenses to the tune of $1,250 will be included in his income and taxed. Before the new tax law, moving expenses were an adjustment to the adjusted gross income, not an itemized deduction.

4 0
3 years ago
The main reason the New York Federal Reserve Bank President is always on the FOMC is _________.
krek1111 [17]

Answer:

The main reason the New York Federal Reserve Bank President is always on the FOMC is due to the importance of the New York Federal Reserve Bank

Explanation:

The body of the Federal Reserve System responsible for making monetary policy is the Federal Open Market Committee, FOMC

The Fed's monetary policy are executed primarily through the New York Fed and the other Federal Reserve Banks. The New York Fed does this mainly through Permanent Open Market Operations, providing lending facilities, and performing quantitative easing so as to ensure that the Fed unemployment, inflation, and interest rates policy targets are archived

The New York Fed is the primary agent through which the Fed intervenes in foreign exchange markets. The New York Fed also carries out all Fed open market transactions, and therefore is about the most important bank in the FOMC

The New York Federal is also the only one of the Federal Reserve banks that is a member of the Bank of International Settlement, provide gold storage for other foreign central banks and a good number of the largest banks in the United States are located in the New York Federal Reserve district, as

The main reason the New York Federal Reserve Bank President is always on the FOMC is therefore due to its uniqueness and the special responsibilities, functions and capacities of the New York Federal Reserve Bank

5 0
3 years ago
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