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4vir4ik [10]
3 years ago
10

Clarisa, an engineering manager, wants to purchase a resort accommodation to rent to skiers. She is considering the purchase of

a three-bedroom lodge in upper Montana that will cost $250,000. The property in the area is rapidly appreciating in value because people anxious to get away from urban developments are bidding up the prices. If Clarisa spends an average of $500 per month for utilities and the investment increases at a rate of 2% per month, how long would it be before she could sell the property for $100,000 more than she has in
Business
1 answer:
masha68 [24]3 years ago
7 0

Answer:

18.5 months approximately

Explanation:

initial investment x (1 + appreciation rate)ⁿ = initial investment + $100,000 + ($500 x n)

$250,000 x (1 + 2%)ⁿ = $350,000 + $500n

1.02ⁿ = $350,000/$250,000 + $500n/$250,000

1.02ⁿ = 1.4 + 0.002n

I tried to solve it by trial and error:

50 months:

2.69 ≠ 1.5

40 months:

2.21 ≠ 1.48

30 months:

1.81 ≠ 1.46

20 months:

1.49 ≈ 1.44 ⇒ getting closer

18 months:

1.43 ≈ 1.44 ⇒ almost

18.5 months:

1.44 = 1.44 ✓

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When workers are not motivated to achieve organizational goals, the fault is often with the workers themselves. true false?
qaws [65]
False it may be from the organization itself they might try rewarding the worker for example a company might take the workers to expensive workshops or to a trip as a type of reward or giving them a bonus to their salaries or a health insurance or a simple thing like involving them in a decision this may motivate the worker and make them feel part of the company   <span />
3 0
3 years ago
Suppose that out of the original 100 increase in government spending, 33 will be recycled back into purchases of domestically pr
serious [3.7K]

Answer:

Multiplier effect in the 4th round = 3.58

Explanation:

A change in aggregate demand can create a much greater impact in the equilibrium national income. This is known as the multiplier effect. This occurs when injections of new demand for goods and services into the circular flow of income creates further rounds of spending. For example, if the government spending was on building new affordable houses then the need for housing materials will create demand for wood, cement and other housing supplies. Thus, these businesses will see a rise in sales. Whilst they benefit through profits, their employees would benefit from wages and salaries. As their income rises, they will spend it in the economy, and so will the businesses from their profits. This additional rounds of spending is the multiplier effect.

If a 100 increase creates 33 for the second round, it is 33% (33/100 x 100) i.e. 100 x 33% = 33

This is proven since 33 x 33% = 10.89 in the third round.

Hence, the multiplier effect in the forth round = 10.89 x 33% = 3.58

7 0
3 years ago
Gulliver, Inc., which uses a process-costing system, transfers completed production from Department no. 1 to Department no. 2 fo
12345 [234]

Answer:

d. Work-in-Process Inventory: Department no. 2.

Explanation:

The profuct is Transferred from Department 1 to Department 2. The cost in in the work in process of Department 1 which will be trasnferred to next department.

Following Journal entries will be recorded for this event.

                                                                                   Dr.       Cr.

Work-in-Process Inventory: Department no. 2.      xxx

Work-in-Process Inventory: Department no. 1                    xxx

5 0
3 years ago
Project 1 requires an original investment of $125,000. The project will yield cash flows of $50,000 per year for 10 years. Proje
mario62 [17]

Answer: $126,613

Explanation:

Net Present value of Project A is:

= Present value of $50,000 annuity + Present value of residual value - Initial investment

Present value of $50,000 annuity:

= 50,000 * ( 1 - ( 1 + rate)^-number of periods) / rate

= 50,000 * ( 1 - ( 1 + 12%) ⁻⁸) / 12%

= $248,382

Present value of residual value:

= 8,000 / ( 1 + 12%)⁸

= $3,231

Net present value

= 248,382 + 3,231 - 125,000

= $126,613

6 0
3 years ago
As a sales clerk for a national chain that sells outdoor gear, Joanna is at the lowest level in the organizational hierarchy. Ne
Allisa [31]

Answer: Decentralized structure

         

Explanation: In simple words, it refers to the organisational structure in which most of the decisions regarding the operations are made by the managers working on mid and lower level. The top managers in such a structure takes only those decisions which are of highest priority to the organisation.

In the given case, Joanna is the lower level managers but still contributes frequently in decision making.

Hence we can conclude that her organisation has decentralized structure.

4 0
4 years ago
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