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3 years ago

Jamal and Keisha each earn money by washing cars and mowing lawns.

Business

2 answers:

mrs_skeptik [129]3 years ago

7 0

Answer:

B: Keisha can specialize in washing cars, because she has the comparative advantage.

C: Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.

E: Specialization allows them to earn more money.

Explanation:

Edg

Hitman42 [59]3 years ago

5 0

Answer:

Jamal and Keisha are considering entering into an agreement to trade tasks.

How can specialization of labor benefit Jamal and Keisha? Check all that apply.

Jamal can specialize in washing cars, because he has the comparative advantage.

Keisha can specialize in washing cars, because she has the comparative advantage.

Specialization allows them to collectively mow 3 more lawns and wash 3 more cars every three days.

Specialization allows them to collectively mow 12 more lawns and wash 27 more cars every three days.

Specialization allows them to earn more money.

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Pharoah Chemicals management identified the following cash flows as significant in its year-end meeting with analysts: During th

7nadin3 [17]

Answer:

Net cash provided by financing activities = $284,280

Explanation:

Net cash provided by financing activities = Additional debt - Repayment of existing debt - stock repurchase

Net cash provided by financing activities = $645,000 - $315,900 - $44,820

Net cash provided by financing activities = $284,280

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3 years ago

Your client has been given a trust fund valued at $1.07 million. He cannot access the money until he turns 65 years old, which i

slega [8]

Answer:

285 Months

Explanation:

n = 30 years × 12 = 360

percent rate = 5.0 % divided by 12 = 0.417.

Now recalling the statement of time value for money,

We have future value = present value × ( 1 + rate) ∧ n

future value = 1, 070,000 × ( 1 + 0.417 ) ∧ 360

future value = 3.33065667 E 60

At age 65, the value 3.33065667 E 60 will be the present monthly withdrawal at $28,500.

present value of ordinary annuity, = annuity ( 1 - (1 + r) ∧ -n ÷ r

= 3.33065667 E 60 = 28500 (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

= 3.33065667 E 60 ÷ 28500 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

1.168651462 E 56 = (1 - ( 1 + 0.417) ∧ - n ÷ 0.417

we now introduce logs to determine the value of n

Solving further, we discovered that n= 285.

Therefore, the number of months it will last one he start to withdraw the money is 285 month

6 0

3 years ago

Katie Kwasi’s utility function is U(x1, x2) = 2(ln x1) + x2. Given her current income and the current relative prices, she consu

aniked [119]

Answer:

Katie Kwasi's Utility Function

The units of x1 that she will consume after the change in income is:

= 40 units of x1

Explanation:

a) Data and Calculations:

Katie Kwasi’s utility function, U(x1, x2) = 2(ln x1) + x2

Current consumption = 10 units of x1 and 15 units of x2

When her income doubles, with prices staying constant, Katie will consume:

= 2(2 * 10 of x1) + 15 of x2

= 40 units of x1 + 15 units of x2

Therefore, she will consume 40 units of x1 and 15 units of x2

b) The above function expresses mathematically Katie's utility to be a function of the units of x1 and x2 that she can consume, given her income constraint. If her income doubles, Katie will consume double units of x1 and the same units of x2 as she was consuming before the change in income.

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3 years ago

A Project Charter includes which of the following?

Degger [83]

The last one would most likely be it

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3 years ago

Turn to Part C of the Systems Analyst’s Toolkit and review the concept of net present value (NPV). Determine the NPV for the fol

Tcecarenko [31]

Answer:

$-13,975.91

Explanation:

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

Cash flow in year 0 = $-95,000

Cash flow in year 1 = $30,000

Cash flow each year from 2 to 5 = $20,000

I = 12%

NPV = $-13,975.91

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

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3 years ago