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Since purchasing new gear will reduce cash flow by $5,000, the corporation should keep its old equipment, and the calculation can be defined as follows:
<h3 /><h3>Calculating the Total decrease in net income:</h3>The following are the costs if the company keeps the old equipment:
$30,000 x 3 years = $90,000 So, the total cost is $90,000.
The following are the costs if the company purchases new equipment:
Calculating the equipment cost that is
$75,000 - $10,000 = $65,000.
$10,000 x 3 years = $30,000. So, the total cost is $95,000.
Find out more about the total decrease in net income here: here:brainly.com/question/10955397
Answer:
Explanation:
If John needs to ensure a 40% profit, John needs to sell the pines at a price that would give 40% more money back than he spent.
Since John needs to make back all of the money he spent, plus another 40%, John needs to get back 140% of what he spent.
John spent $3500.
140% of $3500 is $4900.
So, John must bring in $4900 (revenue) selling all 15 pines to achieve a 40% profit.
However, the question asks for the price of a single pine. To find the unit price of a single pine, divide the total revenue by 15.