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romanna [79]
3 years ago
6

A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $2,481. After insta

llation the solar water heater will produce a small amount of hot water every day, forever, and will require no maintenance. How much must the homeowner save on water heating costs every year if this is to be a sound investment
Business
1 answer:
Pavel [41]3 years ago
5 0

Answer:

the question is missing the discount or interest rate that we must use to calculate the answer.

for example, if the interest rate is 5% per year, then this would be a good investment if the homeowner can save $2,481 x 5% = $124.05 per year.

but if the interest rate is 8%, then the homeowner would need to save at least $2,481 x 8% = $198.48 per year.

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What is the total return for a stock that currently sells for $100, pays a dividend in one year of $2, and has a constant growth
Kobotan [32]

What is the total return for a stock that currently sells for $100, pays a dividend in one year of $2, and has a constant growth rate of 8 percent?

Total return will be 10%.

What is total return?

The overall return is shown as a proportion of the initial investment. For instance, a total return of 20% signifies that the asset's value increased by 20% overall as a result of price growth, dividend payments (if the security is a stock), coupon payments (if the security is a bond), or capital gains (if a fund).

R  = 10%

10% is the total return for a stock that currently sells for $100, pays a dividend in one year of $2, and has a constant growth rate of 8 percent.

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7 0
1 year ago
Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost($) Employee Hours January 9,29
Ierofanga [76]

Answer:

1. $2,296

2. $19.58

3. Total labor cost = Fixed cost + (variable cost × employee hour)

Explanation:

The computations are shown below:

1. The fixed cost would be

= High labor cost - (High employee hours × Variable rate per hour)

= $10,324  - (410 hours × $19.58)

= $10,324 - $8,028

= $2,296

2. Variable rate per hour = (High labor cost - low labor cost) ÷ (High employee hours - low employee hours)

= ($10,324 - $6,800) ÷ (410 hours - 230 hours)

= $3,524 ÷ 180 hours

= $19.58

3. The cost formula would be

Total labor cost = Fixed cost + (variable cost × employee hour)

                          = $2,296 + ($19.58 × employee hour)

5 0
3 years ago
Workers and firms often enter into contracts that fix prices or wages, sometimes for years at a time. If the price level turns o
GalinKa [24]

Answer: Contract are mostly prevalent in the Union jobs which are the jobs in which employees are represented by an organizations which act as an intermediary between the employees and their employers.

This is done in order to ensure that employees are protected from future inevitable inflation that may come unexpectedly as it usually does.

3 0
3 years ago
Best Appliances owns​ 90% of the voting stock of​ Wratchet, Inc. Which of the following is​ true? A. Wratchet would be considere
djverab [1.8K]

Answer:

B. Best would be considered the parent entity.

Explanation:

When a company owns another companies stock of 90% or more it would be considered as parent entity. The parent entity can control the the subsidiary. The financial statements will be consolidated into parents companies accounts.

6 0
3 years ago
A lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible
natulia [17]

True, A  lot of estimates go into the final calculation to determine market size, and each component needs to be as precise as possible. Otherwise, the errors in the estimation get compounded.

What does market size actually mean?

  • The total number of prospective customers for a good or service inside a certain market, along with the potential revenue from those sales, make up the "market size."
  • For a number of reasons, it's critical to determine and comprehend market size.

What is an example of market size?

  • For instance, a shoe company might find 100,000 people who are interested in its product, but data on income and accessibility reveals that only half of them have the resources to make a purchase.
  • The market that is open in that situation has 50,000 potential customers.

Learn more about market size

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3 0
1 year ago
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