Answer - A (7 years)
WORKINGS
To calculate how long it would take for the new refrigerator to pay for
itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per
year
Cost of new refrigerator = $598
TO CALCULATE LOWER UTILITY COST PER YEAR
At a cost of only 12 cents per day
Annual cost will be 12 X 365 = 4380 Cents ($43.8)
Cost saved annually = Cost of old refrigerator – Cost of new
refrigerator.
Lower utility cost per year = $132 – $43.8
Lower utility cost per year = $88.2
How long would it take for the new refrigerator to pay for
itself in lower utility costs?
$598 ÷ $88.2
= 6.78 years
Approximately 7 years
<span> </span>
Union stewards is what they call the one who represent
the interest of the union members in their immediate supervisor and other members
of the management. Union stewards are full-time employees at the workplace and
generally are not paid by the union.
They perform a " waggle dance" to indicate the direction of the hive and also to tell them how to get to flowers- it's sort of like a map for them
Answer:
Predatory pricing.
Explanation:
Predatory pricing is a strategy that is used by firms to gain customers, create barrier of entry from a market, or to drive competition out of the market. The firm prices it's products very low so that competitors cannot afford to sell at the same price.
This results in competitors going out of business. The result of predatory pricing is that there are few firms left in the industry, or there is establishment of a monopoly.
Answer:
336,405.28
Explanation:
Present value can be found by discounting the cash flows at the discount rate.
Present value can be found using a financial calculator:
Cash flow from year 1 to 4 = 0
Cash flow from year 5 -25 = $70,000
Discount rate = 12%
Present value = $336,405.28
I hope my answer helps you
