In general, quick-service restaurants and medium- and low-priced hotels/motels are considered to be:

Metropolitan Water Utility is planning to upgrade its SCADA system for controlling well pumps,booster pumps, and disinfection eq

Licemer1 [7]

Answer:

net wortht -143,280.85

equivalent annual cost $ 24,932.98

Explanation:

We sovle for the present value of each annuity:

The first three years:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 31,000.00

time 3

rate 0.08

$31000 \times \frac{1-(1+0.08)^{-3} }{0.08} = PV\\$

PV $79,890.0066

Then the second phase annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 20,000.00

time 5

rate 0.08

$20000 \times \frac{1-(1+0.08)^{-5} }{0.08} = PV\\$

PV $79,854.2007

NOw, we discount this as it is three years into the future

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $79,854.2007

time 3.00

rate 0.08000

$\frac{79854.2007415617}{(1 + 0.08)^{3} } = PV$

PV 63,390.8391

Total net worth:

79,890.0066 - 63,390.8391 = -143,280.85

The EAC will be the annuity which makes the Present work

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 143,280.85

rate 0.08

time 8

$143280.85 \div \frac{1-(1+0.08)^{-8} }{0.08} = C\\$

C $ 24,932.983

7 0

3 years ago

Elite Trailer Parks has an operating profit of $200,000. Interest expense for the year was $10,000; preferred dividends paid wer

11Alexandr11 [23.1K]

Answer:

a. Earnings per share = (Operating profit - Interest expense - Tax - Preferred dividends) / Common stock outstanding

Earnings per share = ($200,000 - $10,000 - $61,250 - $18,750) / $20,000

Earnings per share = $110,000 / 20,000 Shares

Earnings per share = $5.5 per share

Common dividends per share = Dividend paid / Common stock outstanding

Common dividends per share = $30,000 / 20,000 Shares

Common dividends per share = $1.50 per share

b. What was the increase in retained earnings for the year?

Increase in retained earnings = $110,000 - Common dividend paid

Increase in retained earnings = $110,000 - $30,000

Increase in retained earnings = $80,000

So, the increase in retained earnings for the year is $80,000.

3 0

3 years ago

calculate the following future value given the assumptions below: Assume an individual invests $250/mo for 30 years at an expect

xz_007 [3.2K]

According to the Question, We are given,

An individual invests $250/m for 30 years at an expected rate of return of 8 percent.

To Calculate the Future Value,

<h3>SOLUTION</h3>

Here, the deposits will be same every month, so it is an annuity. We will use the following future value of annuity formula:

FVA = P × ((1 + r)ⁿ - 1 / r)

where, FVA is future value of annuity,

P is the periodical amount = $250,

r is the rate of interest = 8% pa,

so monthly rate = 8% / 12 = 0.67%

and n is the time period = 30 × 12 = 360 months

Now, putting these values in the above formula, we get,

FVA = $250 × ((1 + 0.6667%)360 - 1 / 0.6667%)

FVA = $250 × ((1 + 0.006667)360 - 1 / 0.006667)

FVA = $250 × ((1.006667)360 - 1 / 0.006667)

FVA = $250 × ((10.9357296578 - 1 / 0.006667)

FVA = $250 × (9.9357296578 / 0.006667)

FVA = $250 × 1490.28493442

FVA = $372571.23

So, future value is $372571.23

To know more about Future Value, check the given links.

brainly.com/question/24703884

brainly.com/question/5025949

#SPJ4

3 0

2 years ago

A generic market Multiple Choice a. often includes consumers who will satisfy the same need in quite different ways. b. often in

mariarad [96]

Answer:

e. has all of these characteristics.

Explanation:

A generic market has the characteristic of fulfilling similar needs in number of manners for the customers.

In this manner the ultimate goal of different customers, which is same is achieved by this market.

As for example in the season of winters, the ultimate goal is to feel warm,

For this, some producers or sellers offer, hot cup of coffee, or soup, and some might offer air warmers for the house, some might offer to buy jackets!

Ultimately there are different customers with common goal, but different needs, and different suppliers fulfilling common needs.

Thus, all of the above statements are true about generic market.

4 0

3 years ago

Gustavson Corporation uses the direct method to allocate service department costs to operating departments. The company has two

9966 [12]

Answer:

Total allocated costs= $19,250.44

Explanation:

Giving the following information:

Service Departments:

Administrative= $26,840

Facilities= $59,400

Operating Departments:

Assembly= $183,430

Wholesaling= $321,190

Employee hours= 29,000 + 15,000= 44,000 hours

Space occupied= 30,000 + 6,000= 36,000

First, we need to calculate the proportion of hours and space used for Wholesaling.

Employee hours:

Whole= 15,000/44,000= 0.341

Space occupied:

Whole= 6,000/36,00= 0.17

Now, we can allocate costs tho Wholesaling.

Administrative= 26,840*0.341= $9,152.44

Facilities= 59,400*0.17= $10,098

Total allocated costs= $19,250.44

5 0

3 years ago