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Tom [10]
2 years ago
10

Imagine that you own a property that is exactly 2.2 acres large. You want to sell your property, but your realtor tells you that

you cannot sell your land by the acre. In order to sell your land you need to determine the area you own in units of square meters. Given that there are 1.6 kilometers in 1 mile and 640 acres in 1 square mile, what is the area of land that you own in
Business
1 answer:
BlackZzzverrR [31]2 years ago
7 0

Answer:

8,000 m²

Explanation:

you must first change the size of your lot from acres to square miles = 2.2 acres / 640 acres per square miles = 0.0034375 square miles

now we can convert to square kilometers = 0.0034375 miles x 2.56 square kilometers per square miles 0.0055 square kilometers

there are 1,000,000 m²´per km², so you have 0.0088 km² x 1,000,000 = 8,800 m²

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A product with a low level of elasticity of demand has which feature?
I am Lyosha [343]
C is the correct answer. A product with low elasticity of demand is most often a neccessity and price does not affect demand. The demand for a low elasticity of demand product changes very little over time
6 0
1 year ago
In doing aggregate planning for a firm producing paint, the aggregate planners would most likely deal with: a. Gallons, quarts,
wolverine [178]

Answer:

D. Just gallons of paint, without concern for the different colors and sizes

Explanation:

Aggregate planning is explained to be an operational activity critical to the organization as it looks to balance long-term strategic planning with short term production success.

Thus annual and quarterly plans are broken down into labor, raw material, working capital, etc. requirements over a medium-range period (6 months to 18 months). This process of working out production requirements for a medium range is called aggregate planning.

Also it is noted that a complete information is required about available production facility and raw materials.

A solid demand forecast covering the medium-range period.

7 0
2 years ago
A leftward shift of the supply curve for oil in the united states is most likely to result from:
Pavlova-9 [17]

I guess the correct answer is An increase in the costs of exploration and drilling for oil

A leftward shift of the supply curve for oil in the United States is most likely to result from an increase in the costs of exploration and drilling for oil.

4 0
3 years ago
Which phrases offer the MOST vivid descriptions in this student's narrative about some children's experiences at an attraction a
leonid [27]

Answer:

I have forgotten later I tell you

Explanation:

6 0
3 years ago
Primus Corp. is planning to convert an existing warehouse into a new plant that will increase its production capacity by 45%. Th
Lelechka [254]

Answer:

1.  3 years and 9 months

2. $16,439,325

3. 20.33 %

Explanation:

The Summary of the Cash Flows for this project will be as follows :

Year 0      - $7,125,000

Year 1         $1,875,000

Year 2         $1,875,000

Year 3         $1,875,000

Year 4         $1,875,000

Year 5         $1,875,000

Year 6         $1,875,000

Year 7         $1,875,000

Year 8         $1,875,000

Payback Period

$7,125,000 = Year 1 ($1,875,000) + Year 1 ($1,875,000) + Year 1 ($1,875,000) + $1,500,000 / $1,875,000

                   = 3 years and 9 months

Net Present Value (NPV)

Calculation using a financial calculator :

- $7,125,000 CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

I/YR                12%

Shift NPV      $16,439,325

Internal Rate of Return (IRR)

Calculation using a financial calculator :

- $7,125,000 CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

$1,875,000   CFj

Shift IRR      20.33 %

7 0
3 years ago
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