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Lina20 [59]
3 years ago
12

What are some traditional banking benefits??

Business
1 answer:
musickatia [10]3 years ago
7 0
You have a secure place to keep your money

You can earn interest
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A rectangular storage container with an open top has a volume of 14 m3. The length of its base is twice its width. Material for
Romashka [77]

Answer:

Total cost=10x^{2} dollars+\frac{168dollars}{x}

Explanation:

First at all, let's see the figure in the attachment where we define:

Width is "x", Lenght must be "2x" and Height is "h".

The volume of a rectangular storage container is defined as:  

V=lengh*width*height

So, replacing values, we have:

V=2x^{2} h

Considering that V=14m3 we can clear "h" in function of "x" (the width):

V=2x^{2} h=14; h=\frac{7}{x^{2}}

Now, we calculate the areas of the container:

Ax_{1} =x*h\\Ax_{2}=2x*h\\Ax_{3}=2x*x

Where: Ax1 is the side 1 area; Ax2 is the side 2 area and Ax3 is the base area

Replacing "h" on the previous equations, we have:

Ax_{1}=x*h=x*\frac{7}{x^{2} }=\frac{7}{x}\\Ax_{2}=2x*h=2x*\frac{7}{x^{2} }=\frac{14}{x}\\Ax_{3}=x*2x=2x^{2}

<em>Remember that the container is open at the top, so we have to calculate just one area in the base. The sides 1 and 2 are 2 of each one</em>.

So, we have: Total area = 2*Ax1 + 2*Ax2 + Ax3

Now for the total cost of materials, we have: Total cost=Cost (2*Ax1) + Cost (2*Ax2) + Cost (Ax3)

For the sides 1 and 2, we have a cost of:

Cost Ax_{1}=\frac{7}{x}m^{2} *\frac{4 dollars}{m^{2} }=\frac{28dollars}{x}\\Cost Ax_{2}=\frac{14}{x}m^{2} *\frac{4 dollars}{m^{2} }=\frac{56dollars}{x}\\Cost Ax_{3}=(2x^{2})m^{2}*\frac{5 dollars}{m^{2}}=10x^{2}dollars\\

Finally, total cost is:

Total cost=2*\frac{28 dollars}{x} + 2*\frac{56 dollars}{x} + 10x^{2} dollars\\Total cost=10x^{2} dollars+\frac{168dollars}{x}

6 0
3 years ago
Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is
LenaWriter [7]

Answer:

$61,500

Explanation:

Given;

Retained earnings balance at the beginning of the year =  $ 308,000

Cash dividends declared for the Year = $68,750

Cash Dividends Payable at the beginning of the Year = $30,250

Cash dividends payable at the end of the year = $37,500

Now,

The Amount of cash paid for dividends = $30,250 + $68,750 - $37,500

or

The Amount of cash paid for dividends = $61,500

8 0
3 years ago
Read 2 more answers
Types of Business Ownership<br> Similarities<br> Differences<br> Sole trader/proprietorship
Ann [662]
That’s nice because the trade market of Dxy is greater that the operation of XfYz21
4 0
3 years ago
Ethan's Eggroll House, a calendar year corporation, purchased a new computer and printer in January for $1,500. In February, the
jeyben [28]

Answer:

$300 computer; $171 oven

Explanation:

Ethan's Eggroll House

Life of computer is 5 years and the rate used is 20%

Life of oven is 7 years and the rate used is 14.29%

Depreciation

Computer

= $1500 x 20%

= $300

Oven

= $1200 x 14.29%

= $171

Therefore the amount of depreciation that will be taken on these items in the current year if the taxpayer does NOT elect to use Section 179 and does NOT use bonus depreciation is : $300 computer; $171 oven

5 0
4 years ago
China Importers would like to spend $215,000 to expand its warehouse. However, the company has a loan outstanding that must be r
Nimfa-mama [501]

Answer:

Yes;a.because the money will be recovered in 2.10 years

Explanation:

Assume the company takes uses the loan to expand, how much time will it take to pay back the loan?

This can be expressed as;

T=F+S+T

where;

T=total cash flow needed to repay the loan

F=cash flow for the first year

S=cash flow for the second year

T=cash flow for needed in the third year to pay the loan

In our case;

T=$215,000

F=$60,000

S=$140,000

T=unknown

replacing;

215,000=60,000+140,000+T

T+200,000=215,000

T=215,000-200,000=15,000

The cash flow needed in the third year to pay the loan=$15,000

Determine how long it will take to raise $15,000 in the third year;

total cash flow in the third year=$150,000

1 year=$150,000

To raise $15,000=15,000/150,000=0.1 years

Total number of years=1+1+0.1=2.1 years

It will take 2.1 years to pay back the loan.

The firm should expand since the money will be recovered in 2.1 years even before the repayment period.

4 0
3 years ago
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