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shusha [124]
3 years ago
9

Use the following information to answer the question(s) below. A company near a large city is required to keep its smokestack po

llution to new lower levels, costing the company $2 million in additional equipment (which will last at least 10 years) and $100,000 a year in additional labor. Lowering the air pollutants in the region is expected to save $4 million in medical expenses in the affected region over the next 10 years. Over this 10-year period, the benefit to cost ratio is
Business
1 answer:
meriva3 years ago
8 0

Answer:

Over this 10-year period, the benefit to cost ratio is:

= 1.33.

Explanation:

a) Data and Calculations:

Cost of additional anti-pollution equipment = $2 million

Estimated useful life of the equipment = 10 years

Additional annual labor cost for equipment usage = $100,000

This gives a total labor cost of $1 million over the 10-year period.

Therefore, the total cost = $3 million

Savings (benefits) from lowering the air pollutants in the region = $4 million in medical expenses.

The benefit-to-cost ratio (BCR) = $4/$3 = 1.33

b) The Benefit-to-cost ratio (BCR) is a cost–benefit analysis that summarizes the value-for-money of a project by expressing the relationship between the project's benefits and costs in monetary terms. The BCR shows the future profitability of investment alternatives or options. It is normally expressed in terms of net present value.

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A $23 credit to sales was posted as a $230 credit. By what amount is the sales account in error?
Anni [7]

Rs 253 must be debited to his account .

Rs ( 23+230)= 253

A $23 credit to sales was posted as a $230 credit.In this case, the transaction was recorded on the wrong side with wrong amount. Thus Rs 253 must be debited to his account .

Rs ( 23+230)= 253.

  • Credit sales refer to a sale in which the amount owed will be paid at a later date. In other words, credit sales are purchases made by customers who do not render payment in full, in cash, at the time of purchase.
  • It is common for credit sales to include credit terms. Credit terms are terms that indicate when payment is due for sales that are made on credit, possible discounts, and any applicable interest or late payment fees.

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6 0
1 year ago
The budgeted annual cost of operating a post office truck is $5,500 plus $0.50 per mile. In 2008 the truck was to be driven 25,0
finlep [7]

Answer:

The total cost of operating a truck would be $18000 as calculated below.

Explanation:

The total costs of operating the truck is a combination of fixed costs of $5500 per year and variable of $0.50 per mile ,hence the total cost function is given as:

TC=5500+0.50X

Where represents the number of miles driven per year.

Since X=25000 miles

TC=$5500+($0.50*25000)

TC=$5500+$12500

TC=$18000

The understanding here is that wages paid to the two employees working  with the truck is already embedded in the fixed costs of $5500 per year, otherwise that would been given as a distinct cost entirely.

7 0
3 years ago
While Minimotors has focused on improving production efficiencies, global customers are inquiring about its environmental polici
8_murik_8 [283]

Answer:

The correct answer is letter "B": ISO 14000.

Explanation:

ISO (International Organization for Standardization) 14000 refers to a series of norms in regards to environmental systems management that are related to<em> protection, prevention, pollution, </em>and <em>socio-economic needs</em>. ISO 14000 attempts ton find a balance between economic savings and the decrease of environmental damage.  

Institutions ISO 14000 certified have proven to handle businesses keeping a strong environmental policy. In such a scenario, <em>the engineers investigating Minimotors should review the criteria evaluated at the moment of providing that company the ISO 14000 certification and if they have been following it.</em>

7 0
2 years ago
Suppose you and a classmate are playing a game where your classmate proposes a division of​ $1.00. ​ Then, you either accept or
AleksandrR [38]

Answer:

  1. Your optimal strategy is to accept the proposed division.
  2. Your optimal strategy is to offer your classmate ​$ 0.49.

Explanation:

An optimarl strategy is one that maximizes a player’s expected payoff. In this case this is a cooperative game.

6 0
3 years ago
Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward
DIA [1.3K]

Answer:

takeoff

Explanation:

Is the third stageof economic development in which rapid economic growth occurs, theeconomy diversifies from few industries to several industries.

5 0
3 years ago
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