Answer:
The answer is: 2) operate his business as long as he rents at least 1 boat per month.
Explanation:
Since Bill doesn't have any fixed costs, then he should continue to work as long as he can rent at least 1 boat per month. The break even point is calculated by dividing the total fixed costs over contribution margin per unit, but since the total fixed costs equal 0, then any boat rented will be over the break even point.
New classical economists believe fiscal policy is ineffective because any increase in government spending will cause households to spend less.
A government is a system or group of people that governs an organized community (generally a state). In the broader associative definition, government usually consists of legislative, executive, and judicial branches.
Government is the body through which leaders exercise the power to make and enforce laws. The basic functions of government are leadership, maintenance of order, provision of public services, provision of national security, provision of economic security, and provision of economic assistance.
Government is defined as the exercise of control or power over a group of people. An example of a government is the British Parliament.
Learn more about government here:brainly.com/question/1078669
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Answer:
Option A is the more convinient.
Explanation:
Giving the following information:
She wants you to choose which one of the following sets of cash flows you would like to receive:Option A: Receive a one-time gift of $ 10,000 today. Option B: Receive a $1500 gift each year for the next 10 years. The first $1500 would be received 1 year from today. Option C: Receive a one-time gift of $18,000 10 years from today.
We will assume a discount rate of 10%.
Option A:
Present value= $10,000
Option B:
Final value= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {1500*[(1.10^10)-1]/0.10= 23,906.14
PV= FV/(1+i)^n
PV= 23,906.14/1.10^10= $9,216.85
Option C:
PV= 18,000/1.10^10= $6,939.80
Answer:
The list of items are as follows:
1. Salaries for assembly line inspectors - direct labor or manufacturing overhead
2. Insurance on factory machines - manufacturing overhead
3. Property taxes on the factory building - manufacturing overhead
4. Factory repairs - manufacturing overhead
5. Upholstery used in manufacturing furniture - direct materials
6. Wages paid to assembly line workers - direct labor
7. Factory machinery depreciation - manufacturing overhead
8. Glue, nails, paint, and other small parts used in production - manufacturing overhead
9. Factory supervisors’ salaries - manufacturing overhead
10. Wood used in manufacturing furniture - Direct materials