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torisob [31]
3 years ago
11

Determine the average rate of return for a project that is estimated to yield total income of $936,000 over eight years, has a c

ost of $1,200,000, and has a $100,000 residual value.
Business
1 answer:
Feliz [49]3 years ago
6 0

Answer:

18%

Explanation:

The computation of the average rate of return is shown below:

The average of annual income is

= $936,000 ÷ 8 years

= $117,000

And, the average investment is

= ($1,200,000 + $100,000) ÷ 2

= $650,000

Now the average rate of return is

= $117,000 ÷ $650,000

= 18%

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Stan is choosing between two goods, candy bars and sodas, and his marginal utility from each is as shown in the table. stan's da
vredina [299]

Answer: Stan will buy 3 units of Candy bars and 5 units of Soda.

Explanation:

The optimal consumption bundle s given by the point where the indifference curve is tangent to the budget line. At this point, the slope of the indifference curve is equal to the slope of the budget line.

That is

\frac{MRSc}{MRSs} = \frac{Pc}{Ps}

\frac{MUc}{Pc} =\frac{MUs}{Ps}

This marginal utility per dollar is equal for consumption bundles,

1 unit of candy bar, 4 units of soda = Total expenditure = $6 < Income. Thus not optimal

3 unit of candy bar, 5 units of soda = Total expenditure = $11 = Income. Thus optimal bundle

5 unit of candy bar, 6 units of soda = Total expenditure = $16 > Income. Thus not optimal

7 unit of candy bar, 7 units of soda = Total expenditure = $21 > Income. Thus not optimal

Therefore, 3 units of candy bars and 5 units of soda is the only optimal bundle which utilizes  all the income to maximize consumption.

4 0
4 years ago
if you have raw or undercooked items on the menu, how can you advise customers of the risk of eating them? by having service sta
Pepsi [2]

Answer:

B)By posting a sign in the establishment

<h3>What food may increase your risk of foodborne illness if not cooked?</h3>
  • “Consuming raw or undercooked meats, poultry, seafood, shellfish, or eggs may increase your risk of foodborne illness.”
  • “Consuming raw or undercooked meats, poultry, seafood, shellfish, or eggs may increase your risk of foodborne illness, especially if you have certain medical conditions.”

To  learn more about it, refer

to brainly.com/question/26106218

#SPJ4

8 0
1 year ago
Hoffman Corporation issued $80 million of 7%, 10-year bonds at 104. Each of the 80,000 bonds was issued with 11 detachable stock
Ivanshal [37]

Answer:

($ in million)

Dr Cash 81.6

Dr Discount on bonds payable 2.8

Cr Bonds payable80.0

Cr Equity-stock warrants outstanding 4.4

Explanation:

Preparation of the journal entry to record the issuance of the bonds.

($ in million)

Dr Cash 81.6

(80,000,000 X 102/100 = $81.6 million)

Dr Discount on bonds payable 2.8

(80+4.4-81.6 = $ 2.8 million balancing figure)

Cr Bonds payable 80.0

Cr Equity-stock warrants outstanding 4.4

($5 × 11 warrants × 80,000 bonds= $4.4 million)

(Being To record issuance of bonds)

4 0
3 years ago
On March 1, 2022, Wildhorse Company acquired real estate, on which it planned to construct a small office building, by paying $9
Nitella [24]

Answer:

The amount to be reported as the cost of the land is $ 114,200

Explanation:

Cash paid for the land = $ 98,000

Net cost of demolishing old ware house = $ 11,000 - $ 3,100 = $ 7,900

Attorney's fee = $2,000

Real estate broker's fee = $ 6,300

Total cost of the land = Cash paid for the land + Net cost of demolishing old ware house + Attorney's fee + Real estate broker's fee

= $98,000 + $ 7,900 + $2,000 + $ 6,300

= $ 114,200

4 0
3 years ago
Sandhill Company purchases an oil tanker depot on January 1, 2020, at a cost of $639,700. Sandhill expects to operate the depot
babymother [125]

Answer:

Dr Depot $639,700

Cr Cash $639,700

Dr Depot $40,070

Cr Asset retirement obligation $40,070

Explanation:

Sandhill Company Journal entries

Dr Depot $639,700

Cr Cash $639,700

Dr Depot $40,070

Cr Asset retirement obligation $40,070

8 0
4 years ago
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