What is the tragedy of the commons?

As the capital budgeting director for Chapel Hill Coffins Inc., you are evaluating construction of a new plant. The plant has a

ValentinkaMS [17]

Answer:

18.37%

Explanation:

The internal rate of return is the return at which the net present value comes to zero

Here the net present value is the value at which the present cash inflows after discounting factor is exceeded then the initial investment. If this thing happens then the project would be accepted otherwise it would be rejected

The computation of the range of the plant IRR is to be shown in the attachment below.

Please find the attachmentHence, the internal rate of return is 18.37%

5 0

3 years ago

Twelve years after Starfire's appearance, a similar coffee-shop chain, Reindeer Brews, entered the marketplace. Reindeer charges

GuDViN [60]

Answer:

Price competition in a monopolistically competitive market

Explanation:

The Monopolistic rivalry is an industry state with several firms that are closely linked to each other but offer distinct goods. Therefore, this sector has unlimited entry and exit

Here the company offers the same service but there are totally different in terms of design, service, quality, etc

Hence, the correct option is c

5 0

3 years ago

Wright Company sells merchandise with a one-year warranty. This year, sales consisted of 2,000 units. It is estimated that warra

Marianna [84]

Answer:

$ 30,000.00

Explanation:

The cost of warranty is expensed the same period the sale is made. Warranty can be estimated, and expensing them together with sale matches a sale and its relevant cost.

Estimated warranty @ $15 dollar per unit sale

total unit sold =2000

Warranty amount = $15 x 2000

=$ 30,000.00

To be expensed when the sale is made

7 0

3 years ago

Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,400 of direct materials, $6,966 of di

tiny-mole [99]

Answer:

$116,387

Explanation:

Opening work in process = Direct materials + Direct Labor + Overheads

= $2,400 + $6,966 + $10,104

= $19,470

Adding up all the cost for the period, we'll have;

Raw materials = $39,900 used in production

Direct labor cost = $25,110

Overheads to be applied on predetermined rate = 2,500 × $19.6

= $49,000

Total cost incurred including beginning work in process = $133,480

Less: Closing work in process $17,093

Total cost of goods manufactured = $116,387

8 0

3 years ago

Suppose Piranha sells 3,500 books on account for $17 each (cost of these books is $35,700) on October 10, 2018 to The Textbook S

Natali5045456 [20]

Answer:

1. 10 Oct 2018 Inventory $59500 Dr

Accounts Payable $59500 Cr

2. 13 Oct 2018 Accounts Payable $1700 Dr

Inventory $1700 Cr

Explanation:

1. The Textbook store is purchasing the books at $17 per book and in total 3500 books are purchased on credit. So, we debit the inventory account by 59500 (3500 * 17) and credit the Accounts Payable by 59500.

2. This transaction relates to Purchases return which in this case is our inventory of books. Textbook store will record this transaction in its books by debiting the Accounts Payable account by the value of the books returned 1700 (170* 100) and credit its inventory by 1700. The last line pertains to total estimation of sales returns by Piranha so we do not need to consider that while preparing transactions in Textbook store's books.

5 0

3 years ago