Carpentry has apprenticeship programs.
Answer:
D. Americans purchase more Canadian made products.
Explanation:
The situation that would typically result from an appreciating U.S. dollar relative to the Canadian dollar is "Americans purchase more Canadian made products."
When Americans purchase more Canadian-made products, the Canadian dollar will rise or appreciate against the U.S. dollar. This is based on the principle of trade balance, whereby the monetary value of a country's imports and exports are evaluated over a given period.
In this case, the monetary value of Canadian exports against the U.S. dollar will indicate a positive trade surplus, hence, the Canadian dollar or currency will appreciate against the U.S. dollar.
Answer:
Profit 6,130
Explanation:
MC = 30X + 4
when X=5
Cost to produce 5 units:
We will need to calcualte the MC for 1, 2 , 3, 4 and 5 units and then add them together
MC = 30(5) + 4 = 150 + 4 = 154
MC = 30(4) + 4 = 150 + 4 = 124
MC = 30(3) + 4 = 150 + 4 = 94
MC = 30(2) + 4 = 150 + 4 = 64
MC = 30(1) + 4 = 150 + 4 = 34
Total 470
Giving this, now anther way, more easy would be to use the Gauss method to a summatory:
S to 5 from 1 of (30x+4) =
S = 470
Now we can continue:
Total Marginal cost 470 + Fixed Cost: 900 = 1370
MR = 1500 revenue for adding 1 unit
1500 x 5 = 7500 total revenue
total revenue - total cost = profit
7500 - 1370 = 6,130
Answer:
The IRR is 5%. Rate of return would be 12.5% assuming a discount rate of 4%
Explanation:
The answer depends entirely on the discount rate. The question covers a 30 period timeframe and in each period, the pay off is $13 million. This is a simple time value of money concept in which to calculate the present value, you will simply calculate the present value of each of the cash flows. The formula is 13Mn/[(1+r)^n] where n is the year from 1 to 30, r is the discount rate.
The question requires us to calculate the return that is the variable 'r'. For this you need to have the present value today so that you can then use the equation to solve for 'r'. However, the only information we have is the time period and the cash flow. We are given $200mn as the initial outlay. So, we can at least use this to calculate the internal rate of return (IRR) which is simply the rate of return (or the value of 'r') at which the present value of each of the 13 Mn to be received over the next 30 years is equal to the initial outlay (i.e 200mn). In short, IRR is the rate of return at which the net present value (NPV) is equal to zero. In our example, and using the formula for each of the cash flow from years 1 to 30, the IRR is computated at 5%. So if the discount rate that the company uses is less than 5%, the company would be better of with Joe accepting the offer because any discount rate below 5% would result in the present value of the cash flows to be in excess of $200Mn.
Lets take an example and assume that the discount rate is 4%, using the formula from year 1 to 30 and summing the values would give us a present value of $225 Mn. So the rate lf return in this case would be (225-200)/200 x 100 = 12.5%.
Target market and target demographics. You can think of this as an avatar of the ideal customers.
