Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
<em>Hope this helps!!</em>
<em>- Kay :)</em>
Answer: The company should not buy the new equipment
Explanation:
For the 1st case:
Revenue = Selling price × Number of units
= 1 × 30000
= $30,000
Total cost = Fixed cost + Variable cost
= 14000 + (0.5 × 30000)
= 14000 + 15000
= $29000
Profit = Revenue - Cost
= $30000 - $29000
= $1000
For the 2nd case:
Revenue = Selling price × Number of units
Revenue = Selling price × Number of units
= 1 × 50000
= $50,000
Total cost = Fixed cost + Variable cost
= 20000 + (0.6 × 50000)
= 20000 + 30000
= $50000
Profit = Revenue - Cost
= $50000 - $50000
= $0
Based on the calculation above, the company should not buy the new equipment as no profit will be made while currently a profit of $1000 is made.
Answer:
A: Yes
Explanation:
The additional worker would cost $100 per day i.e. Marginal Cost = $100
Whereas the Marginal Revenue = (2,750-2,600) = $150
Since Marginal revenue exceeds marginal cost by (150-100) = $50, Cindy should hire 12th worker.
Does it matter that the helicopter company <em>performed its obligation</em> under the contract?
- Yes, it does matter because they had a legally binding agreement.
<h3>What is a Contractual Agreement?</h3>
This refers to the legally binding document which two parties attest their signature to about an agreement for a particular thing with the terms clearly stated.
With this in mind, we can see that Claire who was involved in a car accident needs to go to a hospital in another state for better treatment for her injuries and she signs a contractual agreement that she would pay for the helicopter expenses.
In light of this, the argument which Claire can make to rescind the agreement is that her life was in danger and she needed the services of the helicopter company which had her Universal Right to Life.
Read more about contractual agreements here:
brainly.com/question/984979
Answer:
Angle Paid $6,000 for the share which has value of $50,000.
Explanation:
The value of the stock is calculated by dividing the dividend ( expected return) with Net Discount rate of Growth rate.
Expected Dividend = $400
Growth = 0% ( as dividend is expected to be same for indefinite period of time)
Discount rate = 8%
Price of the Bond = Dividend / ( Discount rate - Growth rate )
Price of the Bond = $4000 / ( 8% - 0% )
Price of the Bond = $4000 / 8%
Price of the Bond = $4000 / 0.08
Price of the Bond = $50,000
Angle Paid $6,000 for the share which has value of $50,000.