What is the concept of a “substitute” in economics?

Last year, J&H Corp. reported a book value of exist700 million in current assets, of which 15% is cash, 17% is short-term In

Umnica [9.8K]

Complete Question

The complete question is shown on the first uploaded image

Answer:

The correct stalemates are

The company is using -$14 million in net operating working capital

acquired by investor supplied funds.

Based on the information on industry averages , other players in the industry

would generate higher profits than J&H Corp , if they had no debt and

held no financial assets

Explanation:

The calculation is shown on the second and third uploaded image

8 0

4 years ago

For a fitness center purchasing a $3,000 photocopier expected to produce 30,000 copies with no salvage value at the end of the p

Jobisdone [24]

Answer:

Depreciation expense per year

Year 1 = $1200

Year 2 = $800

Year 3 = $600

Year 4 = $300

Year 5 = $100

Explanation:

To determine the depreciation expense under the units of production/activity method of charging depreciation, we will first calculate the depreciation expense per unit and then multiply it with the units of production in each year to calculate the depreciation expense for that year.

The formula for depreciation under this method is attached.

Depreciation per unit = (3000 - 0) / 30000 = $0.1 per copy

Depreciation expense per year

Year 1 = 0.1 * 12000 = $1200

Year 2 = 0.1 * 8000 = $800

Year 3 = 0.1 * 6000 = $600

Year 4 = 0.1 * 3000 = $300

Year 5 = 0.1 * 1000 = $100

7 0

3 years ago

Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate off

Rainbow [258]

Redangle corp. is a company that allows its employees to set up home offices and communicate electronically to its corporate office. this is an example of telecommuting.

Communication (from the Latin communicate, meaning to share or relate) is "the apparent response to the painful division between self and other, private and public, inner thought and outer world.

As this definition suggests, communication is difficult to define in a consistent way because, in common usage, communication refers to a very wide variety of actions involved in the dissemination of information.

Peters argues that the difficulty in defining communication stems from the fact that it is both a universal phenomenon (because everyone communicates) and a specific field of systematic academic research. doing.

learn more about Communication here. brainly.com/question/26152499

#SPJ4

3 0

2 years ago

Assume a machine that has a useful life of only one year costs $2,000. Assume, also, that net of such operating costs as power,

VashaNatasha [74]

Answer:

D. 15 percent

Explanation:

Cost of the machine = $2,000

Having considered operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300

Expected return = $2,300 - $2,000

= $300

Therefore, the rate of returns

= Returns/cost

=300/2000

= 0.15

In Percentage, 15%. The expected rate of return on this machine is 15%

7 0

3 years ago

William installs custom sound systems in cars. If he installs seven systems per day, his total costs are $300. If he installs ei

Margarita [4]

Answer:

D. $100

Explanation:

Given: William install 7 system per day at the cost of $300.

William install 8 system per day at the total cost of $400.

Remember, If the marginal cost curve is upward-sloping, this means that as output increase, marginal costs will also increase.

Marginal cost is an additional cost incurred in producing additional unit of output.

Now, finding additional payment that eighth customer has to pay.

Change in marginal cost= $Cost\ incurred\ in\ installing\ 8\ system - cost\ incurred\ in\ installing\ 7\ system$

⇒ Change in marginal cost= $\$400-\$300$

∴ Change in marginal cost= $\$ 100$

Hence, there is an increase in marginal cost by $100 as output increases, therefore, William will install eight sound systems per day only if the eighth customer is willing to pay at least $100.

5 0

4 years ago