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tigry1 [53]
3 years ago
5

Nicky makes $25,000 a year as a sales clerk. He then decides to quit his job to enter a MBA program full-time (assume Nicky does

n't work in the summer or hold any part-time jobs). His tuition, books, living expenses, and fees total $15,000 a year. Given this information, the annual total cost of Nicky's MBA studies is:________. a. $10,000 b. $30,000 c. $40,000 d. $15,000. e. $25,000
Business
1 answer:
Mrac [35]3 years ago
5 0

Answer:

40,000

Explanation:

There is no alternative

So the correct answer for this question is 40,000

Total cost= explicit cost + implicit cost=15,000+25,000=$40,000

1: 15,000+25,00 =

2: Answer found

Answer: 40,000

<em><u>Hope this helps.</u></em>

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Turnbull Corp. is in the process of constructing a new plant at a cost of $30 million. It expects the project to generate cash f
Nataliya [291]

Answer:

The net present value of this project is $1<u>3,587,962.96</u>

Explanation:

<em>The </em><em>Net present value (NPV)</em><em> is the difference between the present value of cash inflows and the present value of cash outflows  from a decision. A positive NPV indicates a profitable investment and a negative the opposite.</em>

<em>We can be work out the NPV of Turnbull Corp as follows</em>

                                                            Present Value

Year 1       13000,000× *(1.2^(-1)  = 10,833,333.3

Year 2     23,000,000 × 1.2^(-2) =   15,972,222.22

Year 3    29,000,000 ×  1.2^( -3) =   <u>16,782,407.41 </u>

Total PV of cash inflows                   43,587,963.0

Less the PV of cash outflow            <u>  (30,000,000)</u>

Net Present Value (NPV)                 <u>13,587,962.96</u>

       

The net present value of this project is $1<u>3,587,962.96</u>

8 0
3 years ago
Read 2 more answers
Prime Computers is a company that sells computers and software. The company has a website that allows customers to post comments
Oliga [24]

Group of answer choices.

A. Most online shoppers will only buy products if they can voice their opinions about them after the purchase.

B. Most online shoppers search the Internet for ratings and reviews before making major purchase decisions.

C. Negative consumer feedback can actually attract more customer interest in the product.

D. Allowing consumer feedback makes it less likely that consumers will provide their feedback.

E. Consumers are more likely to say positive things about companies that value their opinions.

Answer:

B. Most online shoppers search the Internet for ratings and reviews before making major purchase decisions.

Explanation:

Customer relationship management can be defined as a strategic process which typically involves combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction. Thus, this set of employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.

This ultimately implies that, customer relationship management is focused on developing an ongoing connection between a business firm (organization) and all of its customers, as well as potential customers.

Hence, it is very important for Prime Computers to encourage customer feedback on its website and as a policy because most online shoppers (customers) usually engage in an online search in order to see other customer's ratings and reviews of company's product or service before making major purchase decisions.

5 0
3 years ago
Suppose the dollar interest rate and the pound sterling interest rate are the same, 5 percent per year. What is the relation bet
Len [333]

Answer:

1.6

Explanation:

Please see attachment .

Download pdf
8 0
3 years ago
a1. Lobo Company purchased equipment for $40,000 with a useful life of five years and no expected salvage value. Prepare the adj
Pavel [41]

Answer:

a1. Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

a2. $24,000

b2. December 31

Dr Wages Expenses $440

Cr Wages payable $440

Explanation:

a1. Preparation of the adjusting entry for the first year using the straight-line depreciation method.

Dr Depreciation Expense $8,000

Cr Accumulated Depreciation $8,000

($40,000/5 years)

a2. Computation of the book value at the end of the second year of the equipment's life.

First step is to calculate the First year Book value

First year Book value=$40,000/5 years

First year Book value=$8,000

Second step is to calculate the Second year Book value

Second year Book value=($40,000+$40,000)/5 years

Second year Book value=$80,000/5 years

Second year Book value=$16,000

Now let compute the book value at the end of the second year of the equipment's life.

Book value at the end of the second year=$8,000+$16,000

Book value at the end of the second year=$24,000

Therefore the Book value at the end of the second year will be $24,000

b1. Preparation of the adjusting entry on December 31

December 31

Dr Wages Expenses $440

Cr Wages payable $440

($2,200/5 years)

3 0
3 years ago
What are the three riches nations in the world​
Rus_ich [418]

Answer:

1. Qatar

2. Macao SAR

3. Luxembourg

Explanation:

The 3 wealthiest countries in the world according to GDP (PPP) is Qatar - $134,623, Macao SAR - $122,201 and  Luxembourg - $108,813

5 0
3 years ago
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