1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ch4aika [34]
3 years ago
11

Oprah just inherited a house with a market value of ​$100 comma 000​, and she does not expect the market value to change. Each​

year, she will pay ​$750 for utilities and ​$5 comma 000 in taxes. She can earn 4 percent interest on money in a bank account. Her cost of living in the house for the year is ​$
Business
1 answer:
kolezko [41]3 years ago
3 0

Answer:

9,750 Cost of living per year

Explanation:

100,000

750 utilities

5,000 taxes

100,000 x 0.04 = 4,000 Opportunity cost

9,750 Cost of living per year

We have to include the interest yiled, becuse if she decides to leave, it will sale and receive that cash on interest.

This is an opportunity cost.

You might be interested in
Dave brags to his dad that his $45,000 starting salary as a computer programmer is much higher than his dad's $28,000 starting s
ivanzaharov [21]

Answer:

Option C Incorrect; adjusting for price changes, his salary is less than his dad's salary  

Explanation:

Adjustment to price changes = (Amount received n years ago divided by Price Index n years ago) * Price Index today

Adjustment To price changes = ($28,000 / 110.8) * 180.5 = $45613.7

The amount $28,000 is worth $45,613.7 in todays value which means that if we adjust for price changes, Dave is incorrect because his salary is worth less by an amount $613.7 from his father's salary.

6 0
3 years ago
Read 2 more answers
Hinge manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. the company's selling and administrative expen
Irina18 [472]
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.

So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer

Hope it helps
6 0
4 years ago
The replacement of a planning machine is being considered by the Reardorn Furniture Company.​ (There is an indefinite future nee
belka [17]

Answer:

During the first year, the marginal cost equals approximately the minimum EUAC cost. This is why the minimum cost of EUAC to maintain the defender throughout the year is $21,000. Since the minimum EUAC cost to maintain the defender the first year is less than the minimum EUAC cost to the challenger, the defender should not be substituted. This means, it is not economically feasible to make the replacement at this time.

Explanation:

According to the exercise, it is necessary to evaluate to know if it is economic to replace the defender by the challenger. For the calculation, the defender's information is: the defender's market value up to $3000. The expenses are $20000. The information regarding the challenger is: the installation cost $30000, the annual expenses $ 16000, the surrender value $ 2000, the economic life is 12 years, and the interest rate before taxes is 15%.

The minimum EUAC for the challenger is equal to:

M_{EUAC} =installation-cost(A/P,i,n)+annual-expenses-salvage-value(A/F,i,n)\\M_{EUAC}=30000(A/P,15percent,12)+16000-2000(A/F,15percent,12)\\M_{EUAC}=(30000*0.1845)+16000-(2000*0.0345)=21466

The minimal cost is equal to:

M_{cost} =loss-in-marker-value-during-first-year+expenses-during-first-year\\M_{cost}=1000+20000=21000

3 0
3 years ago
On its income statement for a recent year, American Airlines Group, Inc., the parent company of American Airlines, reported a ne
just olya [345]

Answer:

Find explanations below:

Explanation:

It must be understood that cash flow does not necessarily imply profit or loss.

A company may have been experiencing positive cash flows due selling mostly on a cash basis,  whereas the price charged is lower than cost of per unit,hence it would have high amount of cash, whereas the bottom-line is nothing to write home about.

The cash paid on retirement which is $411,000 would impact financing activities as an outflow.

The $3000 unamortized discount would be deducted from net income

3 0
4 years ago
Formal communication within a business _____.
labwork [276]

Answer:

The answer is (B) typically follows the same path as the company’s organization chart.

Explanation:

Formal communication in a business refers to a type of communication that is intended to follow a certain agenda or written or expressed verbally in a formal tone. Because of its form and adherence to standards, it usually requires the approval of multiple parties within the organization, and thus follows the same lines as a company’s organization chart.

4 0
3 years ago
Other questions:
  • The length of a senator's term, how old they have to be, and number of terms they can serve.
    14·1 answer
  • A transaction in which things of value are traded by buyers and sellers
    5·1 answer
  • Today's US banking system ensures that if everybody who has money on deposit in the banks
    12·1 answer
  • Managerial accounting reports and information are used by external users and financial accounting by internal users.true or fals
    15·1 answer
  • Receivables; bad debts and returns; Symantec [LO7-4, LO7-5]
    11·1 answer
  • Activists believe that ________. it takes a very long time to reach the long run frictions to the self-correcting mechanism of m
    14·2 answers
  • Evidence by Blake, Elton, and Gruber indicates that, on average, actively managed bond funds ______. outperform passive fixed-in
    5·1 answer
  • Marian is a working mother with two sons. On weekdays, Marian is hard pressed for time and squeezes just enough time to grab som
    7·1 answer
  • Emphasis on the quantitative aspects of products sold (ie: portion size, price) and services offered (the time it takes to get t
    7·1 answer
  • Shonda wants to open a deli. She is worried that it won't be successful unless
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!