A desire result which may be attained in less than one year

The Golden Gate bridge is maintained by 17 ironworkers, who replace corroding steel and rivets, and 38 painters. If the painters

Papessa [141]

Answer:

Explanation:

Painter's wage is 120,000

There are 38 painters: 120,000*38 = 4,560,000

Ironworker's wage is 150,000

There are 17 ironworkers: 150,000*17 = 2,550,000

4,560,000+2,550,000 = 7,110,000

So total cost on maintenance of bridge if we discount at 8%=

= 7,110,000/0.08 = 88,875,000

7 0

3 years ago

Weston Corporation just paid a dividend of $1.00 a share (i.e., D0 5 $1.00). The dividend is expected to grow 12% a year for the

Oduvanchick [21]

Answer:

D1 = $1.12

D2 = $1.25

D3 = $1.40

D4 = $1.48

D5 = $1.55

Explanation:

The formula to calculate dividends for next years is:

$D_n=D_{n-1}(1+g)$

Where D_n is successive year dividend

D_(n-1) is previous year dividend

g is the growth rate (given as 12% = 12/100 = 0.12)

Initial dividend is $1, D_0

So, lets calculate the dividends for 5 years:

Year 1:

D1 = 1(1+0.12) = 1(1.12) = $1.12

Year 2:

D2 = D1(1+g) = 1.12(1.12) = 1.2544 = $1.2544

Year 3:

D3 = D2(1+g) = 1.2544(1.12) = 1.404928 = $1.404928

Year 4:

D4 = D3(1+g) = 1.404928(1+0.05)1.404924(1.05) = $1.4751744

Year 5:

D5 = D4(1+g) = 1.4751744(1.05) = $1.54893312

8 0

3 years ago

A large bank is promoting its credit card to existing bank customers who have had more than one account with the bank over the p

Feliz [49]

Answer:

Behavioral.

Explanation:

A market segment is a portion of a large market in which the individuals, groups or organizations share one or more characteristics that cause them to have relatively similar products needs.

A market segment consist of a group of customers that share a similar set of needs and wants.

Are four categories of segmentation:

-Geographic

-Demographic

-Psychographic

-Behavioral. Segmentation on the basis of use occasion, user status. The evaluation of behavior in terms of the customer/prospect’s behavior relative to your company, product, or service

7 0

3 years ago

Read 2 more answers

Hodgkiss Mfg., Inc., is currently operating at only 94 percent of fixed asset capacity. Current sales are $840,000. Fixed assets

Pepsi [2]

Answer:

= $9,167

Explanation:

What information do we have relevant to our question

The Current Operating Capacity = 94%

The Current Sales = $840,000

The Current fixed Asset = $500,000

The Projected Sales = $910,000

Step 1: we determine the Sales at full capacity

= Current Sales/ The Capacity of the Fixed Asset

= $840,000 / 0.94 = 893,617.021276

Step 2: We determine the Percentage of Fixed Assets

= Current Fixed Asst / The Sales at full capacity

= $500,000/ 893,617.021276

= 0.5595238095

Step 3: We determine the Required Total fixed Assets

=Percentage of fixed assets x Projected sales.

= 0.5595238095 x $910,000

= 509,166.666645

Step 4:: We calculate the New Fixed Asset needed to support sales growth

= Total Fixed Assets calculated in step 3 - The Current Fixed Assets

= 509,166.666645 - $500,000

= $9,167

6 0

3 years ago

Answer the question on the basis of the following data for the hypothetical nations of Alpha and Beta. Qs is domestic quantity s

bezimeni [28]

Question Completion:

Domestic Market for Steel, Alpha

Qs P Qd

60 5 10

40 4 20

30 3 30

20 2 40

10 1 50

Domestic Market for Steel, Beta

Qs P Qd

80 5 20

70 4 30

60 3 40

50 2 50

40 1 60

Answer:

Assuming that Alpha and Beta are the only two nations in the world, at the equilibrium world price:

Beta will export steel and Alpha will import steel.

Explanation:

a) Data and Calculations:

Domestic and World Market for Steel

Alpha Beta World Market

Qs P Qd Qs P Qd Qs P Qd

60 5 10 80 5 20 140 5 30

40 4 20 70 4 30 110 4 50

30 3 30 60 3 40 90 3 70

25 2.50 35 55 2.50 45 80 2.50 80

20 2 40 50 2 50 70 2 90

10 1 50 40 1 60 50 1 110

b) In the world market, equilibrium will occur at a price of $2.50, when the quantity supplied and demanded will be 80. At this equilibrium price of $2.50, Alpha will supply 25 units, and Beta will supply 55 units. Alpha will demand 35 units, and Beta will demand 45 units. This implies that Beta will supply more than its demand for steel, while Alpha will supply less. Therefore, Beta will export steel and Alpha will import steel.

4 0

4 years ago