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Sophie [7]
3 years ago
8

The Hendersons have just bought a home that requires some monthly yard maintenance. They are trying to decide if they should hir

e a professional lawn care service to maintain the property or do it themselves. Below are the costs associated with both options: Professional Service Option Do-It-Yourself Option $75 for the first month $250 lawnmower $45 per month after initial visit $135 edger Includes mowing and edging the lawn, trimming the bushes, and raking the leaves. $69 hedge trimmer $25 rake How long would it take before the Hendersons would recover their costs if they chose to do it themselves over the professional service
Business
2 answers:
GenaCL600 [577]3 years ago
7 0

Answer:

10 MONTHS

Explanation:

max2010maxim [7]3 years ago
5 0

Answer: 10 months

Explanation:

It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

Here is how;

Doing it themselves would cost -

$250 - For a lawnmower

$135 - For an edger

$69 - For a hedge trimmer

$25 - For a rake

Summing these up gives $479

It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.

On the other hand, if they were to hire a professional service, it would cost

• $75 for the first month and

• $45 for subsequent months

So, $45 * 9months = $405

$405 + $75 (for the initial month) = $480

Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

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In comparison to early adopters, which of the following statements is true of the early majority?
Reptile [31]

Answer:

D. They are likely to collect more information and evaluate more brands

Explanation:

The five customer segments of technology adoption are : innovators, early adopters, early majority, late majority and laggards.

An early adopter is a customer who adopts new technology fast and before others do. They are more likely to be opinion leaders and less likely to extend adoption process.

An early majority is a customer that adopts new technology after the innovator and early adopter. They collect information from the innovator and early adopter before adopting new technology.

3 0
4 years ago
Which of the following will increase the future value of a lump sum investment? I. Decreasing the interest rate; II. Increasing
vichka [17]

Answer:

II. Increasing the interest rate;

III. Increasing the time period;

Explanation:

these two factors will increase the future value of a lump sum investment.

This can be explained as -

Suppose, a sum of $ 1,000 invested for 10 years @ 5 %, it will result in $ 1,628.89.

Now, if we increase the time period to 11 years, it will result in 1,710.34  And now if we increase the rate of interest to 6 %, it will result in $ 1,898.30

3 0
3 years ago
Lenders always accept applications for credit.
Rasek [7]
Lenders always accept applications for credit.False

Credit tends to cost individuals more than paying in cash.
True 

Credit cards all use the same interest and finance charges.
False

One advantage of credit is that it can give you a “float” time between buying the product and when you need to pay for it. 
True

6 0
3 years ago
Read 2 more answers
Originally attributed to the Greek philosopher Aristotle,______ _____
STatiana [176]

Answer:

Virtue Ethics

Explanation:

Virtue Ethics is a philosophical ideology postulated by Aristotle, to describe the belief that individuals can achieve morality based on living with constant principle of moral values such as honesty, bravery, integrity and many similar attributes.

Hence, VIRTUE ETHICS refers to a concept of living one's life according to a commitment to the achievement of a clear ideal-what sort of person would I like to become, and how do I go about becoming that person? This is according to Aristotle.

8 0
3 years ago
On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method?
Misha Larkins [42]

Answer: The ending inventory is $43,500

Explanation:

Cost. Retail

$ $

Beginning inventory. 125,000 166,667

Add :Purchases 235,000 313,333

-------------------- -----------------------

Cost of good available for sale 360,000 480,000

Cost to retail ratio

360,000 ÷ 480,000

= 0.75

Cost. Retail

$ $

Cost of good available for sale 360,000 480,000

Less:Sales. 230,000 250,000

360,000. 172,500

187,500

-------------------- ----------------

(417,500) 58,000

Ending inventory × 0.75 (58,000 × 0.75) = 43,500

Cost to retail ratio.

Ending inventory. $43,500

3 0
4 years ago
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