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3 years ago

If you spend $250,000 on a new car and it

Business

1 answer:

Rasek [7]3 years ago

3 0

It will be worth $105468.75.

If it depreciates 25% each year, that means 75% of the value remains.

The value of the third year is $140,625.

$140,625(.75) = $105,468.75.

You could also find 25% of $140,625 and subtract it.

$140,624(.25) = $35,156.25
$140625 - $35,156.25 = $105,468.75.

Either way the car would be worth $105,468.75 in year four!

You might be interested in

Assume there must be one-to-one matching between consultants and projects. For the optimal schedule, what is the total number of

katrin2010 [14]

Complete Question:

The president of a consulting firm wants to minimize the total number of hours it will take to complete three projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants-Charlie, Betty, Johnny, and Rick-to complete any of the three projects, as follows: Project (Hours) Consultant Charlie 16 11 13 Betty 15 14 18 Johnny 22 12 15 Rick 17 12 22 Assume there must be one-to-one matching between consultants and projects. For the optimal schedule, what is the total number of hours it will take these consultants to complete these projects? Options: 46 hours, 61 hours, 53 hours, 54 hours, 50 hours

Answer:

For the optimal schedule, the total number of hours it will take these consultants to complete these projects is:

54 hours

Explanation:

a) Data and Calculations:

Project (Hours)

Consultant A B C D Project assignment

Charlie 13 16 11 13 Charles takes C for 11

Betty 11 15 14 18 Betty takes A for 11

Johnny 15 22 12 15 Johnny takes D for 15

Rick 17 17 12 22 Rick takes B for 17

Minimum hours 11 15 11 13 Total hours taken 54

b) To achieve optimal schedule, Consultant Betty should take project A, spending 11 hours. Consultant Charlie should take project C for 11 hours. Consultant Johnny should take project D for 15 hours, while Rick takes project B for 17 hours. This gives a total of 54 hours spent on the four projects.

8 0

3 years ago

If $5000 is invested at an interest rate of 4% each year, what is the value of the investment in 5 years? write an exponential f

Alex Ar [27]

The compound interest amount after 5 years be $6,083.26.

<h3>What is compound interest?</h3>

Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.

Compound interest is when you receive interest on both your interest income and your savings.

If this value was compounded in 5 years, then we are going to utilize the compound interest formula to solve it.

$A = p(1+r)^n$

Where A be the amount accumulated for the entire period.

p be the Money invested

r be the Interest rate per year

n be the period the money was invested.

$A = 5000(1+4/100)^5$

The exponential function is

$A=5000*1.04^5$

= 5000 $*$ 1.216652902

= 6,083.264512

The amount after 5 years be $6,083.26

The compound interest amount after 5 years be $6,083.26.

To learn more about compound interest refer to:

brainly.com/question/24274034

#SPJ4

4 0

2 years ago

GANTT refers to the Generalized Activity Network Tracking Technique which was developed to better understand how variability in

RSB [31]

Answer:

False

Explanation:

A Gantt chart is named that way because it was originally developed by Henry Gantt. A Gantt chart represents a project schedule and it depicts the relationship between the activities that are being carried out and their schedule status. It includes the start and finish dates of the project's main activities, tasks, dependencies and milestones.

6 0

3 years ago

an Corporation of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisions f

irinina [24]

Answer:

Part 1 - ROI

In terms of Margin :

Division Osaka = 20 %

Division Yokohama = 14 %

In terms of Turnover :

Division Osaka = 400 %

Division Yokohama = 200 %

Part 2 - Residual Income

Division Osaka = $182,000

Division Yokohama = $210,000

Explanation:

<em>Return on investment (ROI) = Divisional Profit Contribution / Assets Employed in the division x 100</em>

In terms of Margin :

Division Osaka = $ 455,000 / $ 2,275,000 x 100 = 20 %

Division Yokohama = $ 1,470,000/ $ 10,500,000 x 100 = 14 %

In terms of Turnover :

Division Osaka = $ 9,100,000 / $ 2,275,000 x 100 = 400 %

Division Yokohama = $ 21,000,000/ $ 10,500,000 x 100 = 200 %

<em>Residual income = Controllable Profit - Cost of Capital Charge on Controllable Investment</em>

Therefore,

Division Osaka = $ 455,000 - $ 2,275,000 x 12 % = $182,000

Division Yokohama = $ 1,470,000 - $ 10,500,000 x 12 % = $210,000

8 0

3 years ago

Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing ch

svetoff [14.1K]

Answer:

Crazy Delicious Inc.

The standard direct materials cost per bar of chocolate is:

= $0.21.

Explanation:

a) Data and Calculations:

A batch of chocolate = 1,800 bars

Ingredient Quantity Price Total Cost

Cocoa 480 lbs. $0.30 per lb. $144.00

Sugar 150 lbs. $0.60 per lb. 90.00

Milk 120 gal. $1.20 per gal. 144.00

Total standard materials costs $378.00

Standard direct materials cost per bar $0.21 ($378/1,800)

b) The standard direct materials cost per bar is computed as the dividend of total direct material costs per batch divided by the batch quantity.

5 0

3 years ago