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MAXImum [283]
3 years ago
7

The operating and maintenance expenses for a mining machine are expected to be $11,880 in the first year and increase by $864 pe

r year during the 15-year life of the machine. What uniform series of payments would cover these expenses over the life of the machine
Business
1 answer:
nalin [4]3 years ago
5 0

Answer:

The answer is "\$16,441".

Explanation:

First-year operational and maintenance costs = \$11,880.

Operating and repair costs increase inwards=\$864 for the first year

N =15 years machine life

Interest I = 10\%annually combined

Please find the image file.

Its single payment sequence is now provided by:

Amount=(\text{15-year system quantity})\times (\frac{\text{Rate of interest}}{(1-(1+ \text{Rate of interest})- n))}

             = \$522,371.3236 \times (\frac{0.1}{(1-(1+0.1)-15)})\\\\

Uniform payment sequence =\$16441.2477 \approx\$16,441

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Unlimited wants + limited resources = what is the answer?
denis-greek [22]

Answer:

People never get enough of what they want or need

Explanation:

Unlimited wants and needs are one half of the basic troubles of scarcity that has troubled humanity since the beginning of time. The other half of the scarcity problem is limited resources. The reason why we always want something is because our brains are actually made to be attracted to novelty. So, we always seek ti learn new things and experiences.

(I hope this was accurate and helpful)

3 0
4 years ago
A product-focused process is commonly used to produce "A. high-volume, high-variety products" "B.low-volume, high-variety produc
ki77a [65]

Answer: Option C  

                                                                       

Explanation: In simple words, product focused process refers to the processes that focuses on producing the batch of similar products. These processes are usually used to manufacture products like paper rolls and light bulbs.

Under this process large units are produced of a similar product. Such processes require high fixed cost and low variable cost.

From the above we can conclude that the correct option is C.

8 0
3 years ago
Remington Arms continually monitors the legal-political environment for changes in legislation that may adversely impact the sal
Luda [366]

Answer:

SWOT threat analysis

Explanation:

SWOT analysis stands for: Strength, Weakness, Opportunities and Threats

The business that wants to stay afloat must constantly engage in self examination in line with national and international demonstration effect on the firm. in line with this, it must be able to identify the firm's:

Strengths in the market place and among competitors with view to maximizing it,

Weaknesses to know its limitations and possibility of converting weakness to strength,

Opportunities - To have information of existing opportunities and choose the ones that can produce adequate returns on investment  

Threats - To know the activities of both competitors and legal framework that may constitute a threat to its existence or affect its existing returns on investment.

Therefore Remington Arms is trying to identify the threats to its business

3 0
3 years ago
Net income will result when a.expenses (credits) = revenues (debits) b.revenues (debits) > expenses (credits) c.revenues (cre
Tatiana [17]

Answer:

d.revenues (credits) > expenses (debits)

Explanation:

Revenue is income generated from the activities of a business. It is price multiplied by quantity produced. Revenue is inflow of money into an organisation.

Expense is cost or outflow of money from an organisation.

When revenue exceed expense, the business generates net income.

When revenue is less than expense, the business generates net loss.

I hope my answer helps you

6 0
3 years ago
The Wall Street Journal provides a set of guidelines each year for purchasing a laptop computer. The guidelines include recommen
denpristay [2]

Answer:

Evaluative Criteria

Explanation:

Evaluative criteria is the situation whereby an individual decides to buy more than what he or she initially had in mind during to varying factors which may include price, characteristics, advertising effect, competitive context and so on of those extra things bought. Evaluative criteria results from desired benefits. The wall street journal in this case provides customers with evaluative criteria.

3 0
3 years ago
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