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jasenka [17]
3 years ago
9

Pace Corporation in Cookeville is considering an extended warranty on production equipment it bought recently. The extended warr

anty will cover repair year-end expenses of $2,000, $2,000, $4,000, and $5,000, respectively, for the next 4 years. If the interest rate is 6%, what is the worth of the extended warranty
Business
1 answer:
mario62 [17]3 years ago
7 0

Answer:

$10,985.73

Explanation:

The worth of the extended warranty in today's terms is the present value of all year-end repair expenses expected to be incurred in extending the warranty whereby the interest rate of 6% is the appropriate discount rate in this case as shown thus:

Present value of a future cash flow=cash flow/(1+discount rate)^n

n is the year in which the cash flow is expected, it is 1 for year 1 repair expenses , 2 for year 2 and so on.

PV of repair expenses=$2000/(1+6%)^1+$2000/(1+6%)^2+$4000/(1+6%)^3+$5000/(1+6%)^4

PV of repair expenses= $10,985.73  

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ULab Inc., a biotechnology firm, lost one of its offices in a fire. The employees did not have a fire drill, and the 10-story bu
Ilya [14]

Answer: (B) Moral minimum

Explanation:

 The moral minimum is one of the organizational degree which include the ethical behavior in the business and it basically focuses on the various types of impacts in business firms that helps in the decision process.

According to the given question, the moral minimum is one of  important responsibility of the social theory that is neglecting the fire drill and also not installing the fire exist by the Ulab organization for their employees.  

 Therefore, Option (B) is correct answer.

4 0
4 years ago
Fiat money has an alternative use as an economic good, while commodity money did not. True or false
Drupady [299]

Answer:

False

Explanation:

Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.

4 0
4 years ago
there are a number of things that you can do to protect yourself from falls in the workplace. These include using fall protectio
BigorU [14]

A Safety Data Sheet (SDS) includes information about use, handling, storage, and safety of chemicals that are used in various workplaces.

6 0
3 years ago
Outline one market entry strategy and why it is key for global marketers. Comment on one of your classmate's posts with a though
notka56 [123]

One market entry strategy that is a key for global marketers is Direct Exporting.

<h3>Why is market entry strategy important?</h3>

Market entry strategies is needed by the  global marketers when they are  selling a product in an international market, especially when  planning and maintenance processes is needed.

One of this strategies is Direct exporting which entails the selling directly of products with chosen market with respect to own resources.

Learn more about market entry strategy  at:

brainly.com/question/16942751

8 0
2 years ago
The Boeing Company buys $3 million worth of steel, $2.5 million worth of computer hardware and software, and $1 million worth of
astraxan [27]

Answer:

The value added by Boeing is equal to:A)$3.5

Explanation:

Value added is the difference between the price of product or service and the cost of producing it.

Steel           3,0M

Computer    2,5M

Tools            1,0M

  Value Add 3,5M

Boeing          10 M  

3 0
3 years ago
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