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PtichkaEL [24]
3 years ago
14

Using an order of magnitude analysis, estimate the total textbook expenditures incurred by all engineering majors at National Un

iversity per year
Business
1 answer:
Svetllana [295]3 years ago
6 0

Answer:

The total textbook expenditure would amount to $175,000 per year

Explanation:

National University is providing text books free of cost to all the engineering students to encourage professional studies. Very few students are pursuing engineering studies. For this purpose university management has decided to give free of cost books to students who select engineering majors. The total expenditure would be:

Cost of Printing Books $110,000

Transportation of the Books to different Campuses $25,000

Distribution Campaign Expense $40,000

Total expenditure amounts to $175,000

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Jordan issued 10-year, 11% bonds with a par value of $110,000. Interest is paid semiannually. The market rate on the issue date
liubo4ka [24]

Answer:

$110,000 on maturity

Interest of $6,050 semiannually

Explanation:

Jordan will pay $110,000 at maturity date with 20 payments of  $6050 as interest

11% bonds at par value = $110,000

Interest paid = Semiannually

Market rate = 10%

At maturity, the par value will be paid as the par value of Jordan issued bonds is 110,000, therefore, Jordan will pay 110,000 on the maturity date.

As the bonds are issued for 10 years with semiannual payments that will be like 20 payments of $6,050 (110,000 x 10% x 6/12)

3 0
4 years ago
Yakov is skilled at making both bracelets and necklaces. Yakov has no preference between making bracelets or necklaces since he
weqwewe [10]

Answer:b. It shifts to the left

Explanation:

The supply will increases as price increases and vice versa. When the price increases and supply also increases the supply curves shifts to the right and when the price decreases and supply equally decreases supply curves shifts to the left.

In the above scenario since bracelet and necklace are exclusive products the sellers will be willing to supply more of necklace since the price has increased and less of bracelet since the price has fallen and the fall in price which leads to fall in supply of bracelet will shift bracelet supply curves to the left.

6 0
4 years ago
An analysis and aging of the accounts receivable of Raja Company at December 31 reveal the following data:
rodikova [14]

Answer:

The cash (net) realizable value of the accounts receivable is accounts receivable less the ending balance in the Allowance for Doubtful Accounts.

800,000 - 65,000

This brings the total to $735,000.

5 0
3 years ago
The suggestion that disparate impact should be measured only at the ______ ignores the fact that title vii guarantees these indi
Yuri [45]

bottom line. This is a direct quote from the textbook by Cengage called Employment and Labor Law.

3 0
3 years ago
Ruby is 25 and has a good job at a biotechnology company. She currently has $10,000 in an IRA, an important part of her retireme
kirill115 [55]

Answer:

a. How much will Ruby’s IRA be worth when she needs to start withdrawing money from it when she retires?

the future value of Ruby's IRA = $10,000 x 21.725 (FV factor, 8%, 40 periods) = $217,250

b. How much money will she have to accumulate in her company’s 401(k) plan over the next 40 years in order to reach her retirement income goal?

she needs to accumulate $875,000 - $217,250 = $657,750 during the next 40 years

the annual contribution = FV / FV annuity factor = $657,750 / 259.057 (FV annuity factor, 8%, 40 periods) = $2,539.02 per year

6 0
3 years ago
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