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Stells [14]
3 years ago
7

Concord is a nonprofit organization that captures stray deer bewildered within residential communities. Fixed costs are $10000.

The variable cost of capturing each deer is $10 each. Concord is funded by a local philanthropy in the amount of $56000 for 2020. How many deer can Concord capture during 2020?
Business
1 answer:
vitfil [10]3 years ago
6 0

Answer: 4600

Explanation:

The number of deer that Concord can capture during 2020 will be calculated thus:

Let the number of deers that'll be captured be represented by x.

Based on the information given in the question, we can form an equal which will be:

Fixed cost + Variable cost = Total cost

10000 + 10x = 56000

10x = 56000 - 10000

10x = 46000

x = 46000/10

x = 4600

Therefore, 4600 deers can be captured

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You are hoping to buy a new boat 3 years from now, and you plan to save $5,800 per year, beginning one year from today. You will
sweet-ann [11.9K]

Answer:

FV= $17,701.6

Explanation:

Giving the following information:

Annual deposit (A)= $5,800

Interest rate (i)= 5.2%

<u>To calculate the future value after the third deposit, we need to use the following formula:</u>

<u></u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,800*[(1.052^2) - 1]} / 0.052 + 5,800

FV= $17,701.6

3 0
3 years ago
A domestic company creates a strategic partnership with a foreign company in order to enter a foreign market. Both companies sha
Masja [62]

When two companies come together strategically to operate is called a joint venture.

<h3>What is a Joint Venture?</h3>

A Joint simply put is when two separate entities or business agree to share resources with the aim of archeiving similar or one objective.

Mostly, this is carried out when a  company intend to enter a foreign market.

Learn more about joint venture here:

brainly.com/question/9389546

6 0
2 years ago
Charles Schwab in 1971 was determined to build a stock brokerage firm that would be different. He cited that he was disturbed by
Alecsey [184]

Answer:

D) The Agency Problem

Explanation:

The agency problem refers to a conflict of interests between the principal and his/her agent. Agents have a fiduciary duty to act on the best interest of their principal, but sometimes agents place their own personal interest before the interests of their principal.

in this case, the brokers should act on behalf of their clients to make them earn the largest possible profits, but instead they focus on convincing them about transactions that increased the broker's profit and not the clients'.

4 0
3 years ago
Darth Company sells three products. Sales and contribution margin ratios for the three products follow:
lukranit [14]

Answer:

C. 31.25%.

Explanation:

PRODUCTS                   X               Y                 Z               Total

Sales in dollars         $20,000   $40,000   $100,000     $160,000

CM ratio                     45%              40%           25%

Contribution margin ratio can be calculated by weighted average method base on the sales ratio of each product.

Contribution margin as a whole = ( CM ratio of X x Ratio of X in total sales ) + ( CM ratio of Y x Ratio of Y in total sales ) + ( CM ratio of Z x Ratio of Z in total sales )

Contribution margin as a whole = ( 45% x $20,000 / $160,000 ) + ( 40% x $40,000 / $160,000 ) + ( 25% x $100,000 / $160,000 )

Contribution margin as a whole = 5.625% + 10% + 15.625% = 31.25%

6 0
3 years ago
When making decisions, managers should consider all relevant benefits and relevant costs, which include: (Check all that apply.)
attashe74 [19]

Answer: e. a, b and c

Explanation:

Opportunity costs are very important costs to look at because they help a company know if they are picking the best alternative available to them.

Out-of-pocket costs are also quite important because the company needs to know if there is a chance that they will have to pay for special features in the project that are not part of the original project but need to be paid for anyway as these monies come out of the cash reserve.

Incremental costs focus on the additional costs involved in a project and so are very important. When making a decision for processing a good further for instance, management needs to know if the incremental cost will be covered by the extra profit that will be gained.

3 0
3 years ago
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