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tangare [24]
3 years ago
7

Hal and Gavin are siblings who own a mattress recycling company. Demand has been increasing for their services and the brothers

are contemplating whether to open up an additional mattress drop off site in the downtown area. They estimate it would add $1 million in expenses with their profit increasing by $150 thousand each year for the next 5 years (all other things equal).
Required:
1. Hal and Gavin decide __________.
O to open a mattress drop off site downtown because the marginal cost of the new location is less than other similar projects.
O to not open a mattress drop off site downtown because the marginal costs prove to be too high.
O to open a mattress drop off site downtown because the expected marginal benefit is greater than the estimated marginal cost.
Business
1 answer:
Yakvenalex [24]3 years ago
4 0

I think it's A. They decide to open a mattress drop off site, downtown, because the marginal, cost of the new location is less than the other projects.

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3 0
3 years ago
You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $
valina [46]
3000 (1+0.051)^(t)=2000 e^(0.075t)
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6 0
2 years ago
An investment project has annual cash inflows of $4,300, $4,000, $5,200, and $4,400, for the next four years, respectively. The
xeze [42]

Answer:

1.64 years

2.27 years

3.13 years

Explanation:

Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows

Present value of cash flow in year 1 = 4300 / 1.13 = 3805.31

Amount recovered in year 1  = -5800 + 3805.31 = -1994.69

Present value of cash flow in year 2 = 4000 / (1.13^2) = 3132.59

Amount recovered in year 2 =-1994.69 + 3132.59 = 1137.90

Payback period = 1 + 1994.69/3132.59 = 1.64 years

B

Present value of cash flow in year 1 = 4300 / 1.13 = 3805.31

Amount recovered in year 1  = -7900 + 3805.31 = -4094.69

Present value of cash flow in year 2 = 4000 / (1.13^2) = 3132.59

Amount recovered in year 2  = -4094.69 + 3132.59 = -962.10

Present value of cash flow in year 3 = 5200 / (1.13^3) = 3603.86

Amount recovered in year 3  = -962.10 + 3603.86 = 2641.76

Payback period = 2 years + -962.10 / 3603.86 = 2.27 years

C

Present value of cash flow in year 1 = 4300 / 1.13 = 3805.31

Amount recovered in year 1  = -10900 + 3805.31 = -7094.69

Present value of cash flow in year 2 = 4000 / (1.13^2) = 3132.59

Amount recovered in year 2  = -7094.69 + 3132.59 = -3962.10

Present value of cash flow in year 3 = 5200 / (1.13^3) = 3603.86

Amount recovered in year 3  = -3962.10 + 3603.86 = -358.24

Present value in year 4 =  4400 / (1.13^4) = 2698.60

Amount recovered in year 4  = -358.24 + 2698.60 = 2340.36

Payback period = 3 years + 358.24 + 2698.60 = 3.13 years

7 0
2 years ago
Select the correct answer. Which form of relativism states that people rely on their own standards of right and wrong when makin
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E. Naive relativism

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<u>These decisions are thus treated as truth derived from one's own self by the person who is concerned. </u>

Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.

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Josie wants to develop genetically altered plants to help increase plants’ growth and resilience. Which level of education would
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A master’s degree....
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