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Usimov [2.4K]
3 years ago
10

In personal finance, one makes decisions based on needs vs. wants. What is considered a need?

Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

A need is something you can live without. a want is something you would like to have. is what you give up when making a financial decision.

Explanation:

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The fixed costs of doing business include
11Alexandr11 [23.1K]

Answer:

Fixed costs are the costs associated with your business's products or services that must be paid regardless of the volume you sell. ... Insurance - the liability insurance you hold on your business. Rent - the rent you pay on your office, factory, and storage space. Utilities - electricity, water, and other utilities.

Explanation:

8 0
3 years ago
You have just received notification that you have won the $2.04 million first prize in the Centennial Lottery. However, the priz
blsea [12.9K]

Answer:

Present value is $2918.88

Explanation:

Given Data:

Amount won=$2,040,000

Number of years=76 years

Interest rate=i=9%=0.09

Required:

Present value=?

Solution:

Formula

FV=PV(1+i)^n

Where:

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PV is the present value

i is the interest rate=0.09

n is the number of years=76

PV=\frac{FV}{(1+i)^n}\\ PV=\frac{\$2040000}{(1+0.09)^{76}}\\ PV=\$2918.88

Present value is $2918.88

7 0
3 years ago
Green Field Potatoes Co. sells a by-product of its potato processing operation, called a filter cake, to area feed-lots as cattl
vladimir1956 [14]

Answer:

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4 0
3 years ago
There are two steps for XYZ bakery to make their bread. One is to prepare the dough and bake the loaves, and the other one is to
Allushta [10]

Answer:

a. Potential Packing Output/hr = (50 loaves/20 min) * 60 min = 150 loaves.

However, the production of 50 loaves takes 60 mins, so the packaging remains idle for 40 mins and the Actual Packing Output/hr = 50 loaves.

Hence, Capacity Utilization = (Actual Output/Potential Output) *100% = (50/150)*100% = 33.33%

b) Production output = 50 loaves/hr = 50 loaves/60 mins

Packing Output = 50 loaves/20 mins

So, to make both the capacities equal, the XYZ Bakery can simultaneously operate three batches to prepare the dough and bake i.e 150 loaves/60 mins for both production as well as packing.

6 0
3 years ago
Companies often use several methods to evaluate the project's cash flows and each of them has its benefits and disadvantages. Pl
lukranit [14]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

4 0
3 years ago
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