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dsp73
3 years ago
9

You bake a cake for a friend's party, and the friend pays you for it. This makes you a _____________. (Select the best answer.)

Question 14 options: Commodity Consumer Producer Purchaser
Business
1 answer:
storchak [24]3 years ago
8 0
Correct Answer:
Producer

Explanation:
Consumer is the one who buys the product and uses it. In this case consumer will be the friend.

Producer is the one who makes, builds or manufactures something and sell it to someone. According to the given example, if I make a cake and my friend buys the cake from me, I am the Producer. 

Purchaser is the one who purchases the product. So the friend will also be a purchaser in this case.

Commodity is the raw material or the basic goods that can be sold.

So, the best answer to this question is producer.
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Annual maintenance cost for a particular section of highway pavement are $3,000.The placement of a new surface would reduce the
UkoKoshka [18]

Answer:

$17,877

Explanation:

initial outlay = ?

net cash flows years 1 to 5 = $3,000 - $400 = $2,600

net cash flows years 6 to 10 = $3,000 - $800 = $2,200

assuming that the discount rate is 6%, we need to determine the maximum amount of initial investment that would result in the NPV = 0

in order to do this we have to calculate the present value of the future cash flows:

PV = $2,600/1.06 + $2,600/1.06² + $2,600/1.06³ + $2,600/1.06⁴ + $2,600/1.06⁵ + $2,200/1.06⁶ + $2,200/1.06⁷ + $2,200/1.06⁸ + $2,200/1.06⁹ + $2,200/1.06¹⁰ = $17,877

that means that the maximum amount that can be invested = $17,877, and that way the NPV = 0

7 0
3 years ago
Looking forward to next year, if Baldwin’s current cash balance is $20,201 (000) and cash flows from operations next period are
AlekseyPX

Answer: Purchases assets at a cost of $15,000 (000)

Explanation:

Out of the 4 options presented, 2 involves cash coming into the company which are; Sells $5,000 (000) of their Long-term assets and Liquidates the entire inventory. As these 2 bring cash into the company, they will not make Baldwin need an emergency loan.

The other 2 however, take money from the company being; Retires $20,000 (000) in long-term debt and Purchases assets at a cost of $15,000 (000). Retirement of long-term debt will have been in the budget for a long time so there would be no need for <em>emergency</em> funding.

The Purchase of the assets on the other hand has a less chance of being budgeted for than the long term debt retirement and being such a significant outflow, could expose Baldwin to the risk of needing to seek emergency loans.

4 0
3 years ago
A shoe manufacturer has created a decision tree with costs of different marketing strategies and the two possible outcomes from
DochEvi [55]

Answer:

The probability of each outcome

Explanation:

The probability of an event Bis the number of ways event B can occur divided by the total number of possible outcomes. Also it describes the probability of an event taking place and the chance that the event will occur as a result of an experiment carrier out.

5 0
3 years ago
The Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of
Stolb23 [73]

Answer:

Imports.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

In this scenario, the Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of imports.

An import can be defined as a type of trade which typically involves the purchase of goods and services from a foreign country for domestic use.

7 0
3 years ago
On January 1, Year 1, Marino Moving Company paid $48,000 cash to purchase a truck. The truck was expected to have a four useful
Ymorist [56]

Answer:

$10,000

Explanation:

Depreciation is charged to every asset based on the life and usage of such asset.

Straight line depreciation method charges equivalent depreciation each year of the useful life of the asset.

Here, as provided straight line depreciation = \frac{Cost\ of\ asset\ - Salvage\ value}{Life\ of\ asset}

Here, cost of asset = $48,000

Salvage value = $8,000

Thus, numerator in fraction = $48,000 - $8,000 = $40,000

Useful life of the asset = 4 years

Therefore, depreciation expense for each year = \frac{40,000}{4\ years} = 10,000

It will be same for each year, therefore, depreciation expense for year 2 = $10,000

3 0
3 years ago
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