Which of the following is an example of an ethical standard you may find in

It costs $34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel (85% ethanol a

victus00 [196]

Answer:

The investor will pay up the rereofitted pumps in a period of 22.52 months.

Explanation:

<em><u>First,</u></em> we solve for the amount of profit generate per month:

21,000 gallons a month x $0.09 per gallon = $1,890

Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C $1,890.00

time n

rate 0.02

PV $34,000.0000

$1890 \times \frac{1-(1+0.02)^{-n} }{0.02} = 34000\\$

$(1+0.02)^{-n}= 1-\frac{34000\times0.02}{1890}$

$(1+0.02)^{-n}= 0.64021164$

We use logarithmics properties to solve for n:

$-n= \frac{log0.64021164021164}{log(1+0.02)$

-22.52006579

n = 22.5200 = 22 and a half month.

7 0

3 years ago

Lexi Company forecasts unit sales of 1,640,000 in April, 1,250,000 in May, 810,000 in June, and 1,650,000 in July. Beginning inv

mario62 [17]

Answer:

Explanation:

From the information given in the question:

The main objective is to Prepare a merchandise purchases budget for the months of April, May, and June

Merchandise Purchases Budget

April May June

Next months' budgeted 1250000 810000 1650000

Sales

Ratio of inventory 30% 30% 30%

Desired ending inventory 375000 243000 495000

Sales unit 1640000 1250000 810000

Required units of

available inventory 2015000 1493000 1305000

Less:Beginning Inventory -250000 - 375000 - 243000

Units to be purchased 1765000 1118000 1062000

N:B

Desired ending inventory = Next months' budgeted sales × Ratio of inventory

Required units of available inventory = Desired ending inventory + Sales unit

6 0

4 years ago

Riverbed Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $72,100. Riverbed determi

Novay_Z [31]

Answer:

Please find attached solution.

Explanation:

7 0

4 years ago

Assume that Smith Corp. will need to purchase 200,000 British pounds in 90 days. A call option exists on British pounds with an

WITCHER [35]

Answer:

maximum amount in dollar is payable = $344000

so correct option is a. $344,000

Explanation:

solution

we find here premium that is paid here

premium paid = 200000 pounds × $0.04

premium paid = 8000

and

amount payable in Dollar for 200000 pounds is

amount payable in Dollar = 200000 × $1.68

amount payable in Dollar = $336000

so whatever is happen in market

maximum amount in dollar is payable is

maximum amount in dollar is payable = $336000 + $8000

maximum amount in dollar is payable = $344000

so correct option is a. $344,000

3 0

4 years ago

Which career pathways involve high risk due to exposure to dangers?

kotegsom [21]

Answer:

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

Explanation:

8 0

3 years ago