Answer: Esquire should purchase Machine B because it has a lower present value.
Explanation:
Present value cost of Machine A:
= Initial investment + Present value of costs - Present value of sales amount
Present value of cost = 900 * Present value annuity factor, 10 years, 8%
= 900 * 6.7101
= $6,039
Present value of sales amount = 2,835 / (1 + 8%)¹⁰
= $1,313.15
Present value cost = 27,000 + 6,039 - 1,313.15
= $31,725.85
Present value of Machine B:
= 22,500 + 3,600 / 1.08³ + 4,500 / 1.08⁶ + 5,400 / 1.08⁸
= 30,198.18
<em>Esquire should purchase Machine B</em>
A producers profits are maximized when marginal costs are equal to marginal revenue.
Answer: See explanation below for answer.
Explanation: In micro-economics, a discretionary expense refers to a cost that a business or household can actually do without, if necessary. These expenses are often wants rather than needs. Case in point, a business may allow employees to charge certain meal and entertainment costs to the company.
In macro-economics, discretionary spending is the type of government spending that is implemented through an appropriations bill. What this means is that the spending is an optional part of fiscal policy, which is quite the opposite of entitlement programs for which require mandatory funding and are determined by the number of qualified recipients.
Some examples of areas funded by discretionary spending are national defense, foreign aid, education and transportation.
Discretionary spending must always be deliberated upon by Congress through the annual appropriations process each year.
Halo error would most likely lead employers to believe that no aspects of their performance needs improvement
Answer:
There are many advantages in students being exposed to accounting softwares.
-There productivity increases as they can engage in more work in less time
-The accuracy of the accounting process increases as well, mainly lyrics because there is no room for human errors
-the process becomes easier and less time consuming, this makes accounting less complicated and more attractive as a subject for the students
Explanation:
