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luda_lava [24]
3 years ago
11

Is the time it takes to fly from city upper a to city upper time it takes to fly from city a to city b discrete or? continuous?

Business
1 answer:
notka56 [123]3 years ago
5 0
To answer this question, let us first define the two variables: 
Discrete variable can only take up countable values or whole values like 5, 6, and 7.
Continuous variables, on the other hand, have infinite number of possible values since it can take up decimal forms like 5.1, 5.11, 5.111, and etc.
<span>Since time can take decimal forms, therefore time is continuous.</span>
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See the formula of the future value of annuity ordinary through Google
Solve for PMT
PMT=10,000,000÷(((1+0.09)^(10)
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3 years ago
Describes how a monopoly controls an industry
stira [4]

Answer:

Key ideas:

  • A single entity controls the flow of the product.
  • Possesses the power to limit prices.
  • Will have some influence in politics.
  • Difficult for new companies to enter the market.

Explanation:

Monopoly refers to the state when there is only one company controlling the flow of products, therefore controlling the prices of it. There are a lot of examples of monopoly in the contemporary era such as AB Inbev, but it doesn't mean that it is totally a modern concept. Monopoly existed even in history take for example the case of Carnegie steel mills or the issue of railroads.

When one company possess such power that it can control the price, it can badly damages the interest of other investors and consumers. But the reason they create a monopoly is that they have heavy influence in politics. That is how they turn up the decisions to their own benefits. And monopolies always try to create hurdles for new investors to get in the market. Because they are charging whatever they want due to no competition, as soon as new competition arrive it will challenge the monopoly which it can't take.

3 0
3 years ago
Mark or Make is a bourbon distillery. Sales have been steady for the past three years, and operating costs have remained unchang
schepotkina [342]

Answer:

a. No allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                                 0                0               0

Revenue after Rent paid           140,000   139,000    141,000

Less: Corporate Taxes at 30% <u>42,000         41,700        42,300</u>

Net Income                               <u>$98,000    $97,300    $98,700</u>

<u></u>

Considerations for No Allocation

- Taxes are to be deducted from Gross Profit.

- Rent not to be deducted from Gross Profit.

b. Comprehensive Allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                            <u>60,000</u>    <u>60,000</u>       <u>60,000</u>

Revenue after Rent paid           80,000    79,000        81,000

Less: Corporate Taxes at 30%  <u>24,000</u>    <u>23,700</u>       <u>24,300</u>

Net Income                                 <u>56,000</u>    <u>55,300</u>       <u>56,700</u>

Considerations for Comprehensive Allocation

- Taxes are to be deducted from Gross Profit.

- Rent is to be deducted from Gross Profit.

c. No allocation distorts Mark or Make’s Net Income for all three years. This is because if Rent is not allocated taxes will be calculated on Gross Revenue. That is to say, Rent is a Non-Operating Expense and hence is to be deducted from Revenue to Calculate the Taxes. When Revenue is reduced, obviously, the taxes will be reduced. Hence, less income is seen in Comprehensive Income Statement and more Revenue is seen in Simple - Non Comprehensive Statement.

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3 years ago
Which two advantages do home buyers have over renters?
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Answer:

Net present value of proposal $168,166

Explanation:

Check attachment

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3 years ago
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