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mylen [45]
3 years ago
12

The rate at which revenue was generated​ (in millions of dollars per​ year) for a certain company for the years 2010 through 201

6 can be approximated by ​f(t)=348e0.22t ​(10≤t≤​16), where t=10 corresponds to the start of the year 2010. Find and interpret ∫1016f(t)dt.
Business
1 answer:
Karolina [17]3 years ago
3 0

The revenue of a company represents the income generated by the company within a time frame. The total revenue generated by the company from the start of 2010 to the start of 2016 is $39.16 billion

Given that:

f(t) = 348e^{0.22t}  10 \le t \le 16

First, we calculate the integral

\int\limits^{16}_{10} {f(t)} \, dt

This is calculated as:

\int\limits^{16}_{10} {f(t)} \, dt = \int\limits^{16}_{10} {348e^{0.22t}} \, dt

Remove the constant

\int\limits^{16}_{10} {f(t)} \, dt = 348\int\limits^{16}_{10} {e^{0.22t}} \, dt

Now, integrate

\int\limits^{16}_{10} {f(t)} \, dt = 348 \times \frac{1}{0.22} (e^{0.22t})|\limits^{16}_{10}

\int\limits^{16}_{10} {f(t)} \, dt = \frac{ 348}{0.22} (e^{0.22t})|\limits^{16}_{10}

Expand

\int\limits^{16}_{10} {f(t)} \, dt = \frac{ 348}{0.22} (e^{0.22\times 16} -e^{0.22\times 10} )

\int\limits^{16}_{10} {f(t)} \, dt = \frac{ 348}{0.22} (e^{3.52} -e^{2.2} )

\int\limits^{16}_{10} {f(t)} \, dt = \frac{ 348}{0.22} \times 24.759

\int\limits^{16}_{10} {f(t)} \, dt = 39164.2

From the question

t = 10 represents the start of 2010.

This means that

t = 16 represents the start of 2016.

So, the interpretation is:

The total revenue from the start of 2010 to the start of 2016 is $39.16 billion

Read more about revenues at:

brainly.com/question/376674

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The following transactions are July activities of Bill’s Extreme Bowling, Inc., which operates several bowling centers. a. Bill'
maria [59]

Answer:

repair expense 1,500 debit

        cash                  1,500 credit

--to record repair expense in the building--

utilities payable  2,000

               cash                 2,000

--to record the payment of June utilities--

utilities expense 2,500

             utilities payable   2,500

-to record the accrued utilities of July--

wages expense 5,475 debit

    wages payables     5,475 credit

--to record payment to employees--

Explanation:

We will follow the debit = credit rule.

The expenses will be always posted on the debit side Therefore, the other account are forced to go into credit to balance the entry.

Also, when cash is used to pay something, our cash available decrease thus, we have a decrase in an asset that is recorded under credit

for the other entries we are asumingthe acrual of an expense, whch generates the later obligaion to pay it. Hence, we recongize a liablity which is credited.

7 0
4 years ago
Grey Wolf, Inc has current assets of $2,090 net fixed assets of $9,830 current liabilities of $1710 and long-termdebt of $4520.
s2008m [1.1K]

Answer:

(a) $5,690

(b) $380

Explanation:

Given that,

current assets = $2,090

Net fixed assets = $9,830

Current liabilities = $1710

Long-term debt = $4520

Total assets:

= Current assets + Net fixed assets

= $2,090 + $9,830

= $11,920

Total Liabilities:

= Current Liabilities + Long-term Debt

= $1710 + $4520

= $6,230

(a) Total assets = Total liabilities + Stockholder's equity

$11,920 = $6,230 + Stockholder's equity

$11,920 - $6,230 = Stockholder's equity

$5,690 = Stockholder's equity

(b) Net working capital:

= Current assets - Current liabilities

= $2,090 - $1,710

= $380

8 0
3 years ago
On December 31, 2019, Hamilton Inc. sold a used industrial crane for $600,000 cash. The original cost of the crane was $5.0 mill
erastovalidia [21]

Answer:

Loss of $200,000

Explanation:

Cost of Crane:                            $5,000,000

Accumulated Depreciation:         4,200,000

Difference                                         800,000

Sale of Crane                                    600,000

LOSS                                                  200,000

This would be a loss because Hamilton did not receive enough cash on the sale of the crane to cover its initial cost for the crane. Since we do not have a salvage value listed, this answer is based on the assumption that the salvage value of the crane is $800,000. (Gain or loss is calculated by determining if the cash received on the sale of the item - in this case, the crane - is more (gain), less (loss), or equal (equal) to the salvage value. Based on the assumption that the salvage value is the remaining $800,000, this would mean a loss to Hamilton since they only received $600,000 for the sale of the crane).

5 0
3 years ago
The accounting records of Whispering Winds Corp. show the following data. Beginning inventory 3,010 units at $6 Purchases 8,130
Sindrei [870]

Answer:

$66,700

b. LIFO = $70800

67807.81

Explanation:

LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.

(8130 x 8) + [(9090 - 8130) x 6) = 70800

FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold

(3010 x 6) + [(9090 - 3010) x $8] = 66,700

Average cost = [(3010 x 6) + (8130 x 8)] /

18060

48640

b 65040

5760

7 0
3 years ago
Four years ago, Saul invested $500. Three years ago, Trek invested $600. Today, these two investments are each worth $800. Assum
Tasya [4]

Answer:

A) One year ago, Saul's investment was worth less than Trek's investment. B)

Explanation:

Computation of Saul's Investment Rate of Interest

                                 A  =  P(1 + r)^t

Where:                     A  = Final amount

                                P  =  Principal amount

                                r   =  Interest rate

                                t  =  Time period in years.

                                A  =  $800

                                P  =  $500

                                r   =  Unknown

                                 t   =   4 years

                            800  =  500(1 + r)^4

Divide both sides by 500

                     800/500 =  (500(1 + r)^4 )/500

                               1.6  =  (1 + r)^4

Take the fourth root of both sides

                           \sqrt[4]{1.6} = \sqrt[4]{1 + r)^4}

          1.1246826504  =  (1 + r)

          1.1246826504  =  1 + r

Subtract 1 from both sides

      1.1246826504 - 1  =  1 -1+ r

           0.1246826504  =  r

Convert 0.1246826504 to percentage and to 2 decimal places

                                   r = 12.47%

That is, Saul investment is at 12.47% interest rate

Computation of Trek's Investment Rate of Interest

                                A  =  $800

                                P  =  $600

                                r   =  Unknown

                                 t   =   4 years

                            800  =  600(1 + r)^4

Divide both sides by 600

                     800/600 =  (600(1 + r)^4 )/600

              1.333333333  =  (1 + r)^4

Take the cube root of both sides

              \sqrt[3]{1.333333333} = \sqrt[3]{1 + r)^4}

              1.100642416 =  (1 + r)

             1.100642416  =  1 + r

Subtract 1 from both sides

         1.100642416 - 1  =  1 -1+ r

             0.100642416  =  r

Convert   0.100642416 to percentage and to 2 decimal place

                                 r = 10..06%

That is, Trek investment is at 10..06% interest rate

It can be observed that Saul earns a higher rate of return than Trek. The fact that both investment have equal returns today, it means Saul's investment was worth less than Trek's investment one year ago.

4 0
3 years ago
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