Answer:
6.5 years
Explanation:
Cost of Asset/Net Income = $400,000/Net Income
Net Income = Revenue - Operating expenses (excluding depreciation)
= $100,000 - $38,000 = $62,000
=$400,000/$62,000
=6.45
=6.5 years
Answer:
The correct answer is option A.
Explanation:
The average cost of production for a bottle of vitamin water in the industry is $4 while its average price is $7.
StoreAll Inc. manufactures the same product for $3 per bottle and sells it for $7 per bottle.
The store Inc manufacturers is able to produce at a lower cost than the other firms. This implies that it has a competitive advantage in the production of mineral water.
Competitive advantage refers to the conditions that help a firm outperform its competitors.
Answer:
can you like explain itmore like you understand
Answer:
Complete the problem. What are you trying to solve for?
Explanation:
Well, you just need to find it using this formula :
5,000 x [100 % - (3% x 91/365)]
= 5,000 x [ 100 % - 0.007479]
= 5,000 x 99.992521
= $ 4,962.50 >>> rounded
Hope this help
