Answer: Overhauling is a better option as it is cheaper by $1,273
Explanation:
Total cost of the new truck:
= Cost to purchase + Present value of operating costs - Present value of residual value
= 14,000 + (200 * present value of annuity factor, 4%, 6 years) - 2,000 / (1 + 4%)⁶
= 14,000 + (200 * 5.2421) - 1,581
= $13,467
Total cost of Overhauling truck:
= 8,000 + (800 * present value of annuity factor, 4%, 6 years)
= 8,000 + (800 * 5.2421)
= $12,194
Overhauling is a better option as it is cheaper by:
= 13,467 - 12,194
= $1,273
Math appendix! Hope I helped!!
Answer:
500,000 units
Explanation:
BEP = fixed asset / CMR
CMR = contribution / sales
contribution = 100 - (15 +35)
= $50
CMR = $50 / $100
= 0.5
BEP = $250000/ 0.5
= 500,000 units
Answer:
The duties of an office messenger are summarized throughout the below segment.
Explanation:
- His tasks predominantly include the passage as well as the collection of documents across units of the company or an organization.
- Any basic everyday tasks may be requested to encourage and support him in the file, make copies, and print documentation.
- Throughout the lower socio-economic frame seems to be in a position he has to be professional as well as respectful.
Answer: Somewhat less than 50%
Explanation:
Here is the complete question;
Suppose that a labor economist performs a statistical analysis on economywide worker wages using standard, measurable explanatory factors, such as job characteristics, years of schooling, and so forth. How much of the variation in worker wages can be accounted for by such measurable explanatory factors?
a. Somewhat less than 50%.
b. Somewhat more than 60%
c. Nearly 100%
d. About 0%?
The variables which are typically removed from the quantitative analysis of wages are those which cannot be directly measured, directly observed or normative in nature.
Chance plays a vital role in deciding ones wage, the type of job one applies for and gets, and the salary that can be gotten. Chance cannot neither be measured nor observed. Natural ability cannot also be quantified, observed or measured. These variables are also subject to normative judgement.
Based on this analysis, the measurable traits will account for less than 50% of total variation in the wages.