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3 years ago

A state agency is considering two mutually exclusive alternatives for upgrading the skills of its technical staff.

Business

1 answer:

anyanavicka [17]3 years ago

3 0

Answer:

Alternative 1 with B/C ratio of 1.21

Explanation:

Benefit to cost analysis can be computed as follows to determine which project is worthwhile.

Alternative 1

B/C ratio = 1,020,000 / 840,900 = 1.21

Alternative 2

B/C ratio = 1,990,000 / 1,780,000 = 1.12

Both of the projects yield a positive ratio which is grater than 1, however the B/C ratio of alternative 1 is healthier and given the fact that it requires less initial outlay; this might be a good choice for the agency to adopt. The final decision would be taken by considering more than just these factors.

Hope that helps.

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Answer:

Normal goods have a positive relationship with income & purchasing power parity (PPP) with an increase in income ( I ) consumption of normal goods also increased respectively.

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Explanation:

Let’s discuss the normal goods, as a decrease in the price of normal goods its consumption will boost or increase. As when normal goods become cheaper, they will be consumed much as we know that people will consume them because of the logical reasoning of cheaper than its substitutes. Likewise, with an increase in income, its consumption will also increase but at a stage where it will become inelastic or constant.

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2 years ago

Havermill Co. establishes a $250 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei

Juli2301 [7.4K]

Answer:

<h2>The journal entry is shown below:</h2>

Explanation:

The journal entry for recording the establishment of the fund is as:

On September 1

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Being recording the petty cash in the books

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4 years ago

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3 years ago

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Answer:

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