What i would do is multiply the 9 cars by 4 because I need to take the 4 minutes and apply it to all the cars in front of me. 9 x 4 = 36. I calculate that I would wait 36 mins for it to be my turn.
Answer:
The local government issues a limited number of restaurant licenses every year. (A)
Explanation:
Bertha claims that the burgers sold by Luke's Express Diner are priced a bit too high, because they enjoy monopoly power in the town; hence with the local government issuance of a limited number of restaurant licenses every year, this will break the monopoly that Luke's Express Dinner enjoy, thus weakening Bertha's arguments.
Answer:
$327,000
Explanation:
Stocks owned by the Gathering Company after repurchasing = $48,000
Cash paid for the purchase of land = $124,000
Amount of issued bonds payable = $375,000
Now,
Net cash provided by financing activities for the year would have been
= Amount of issued bonds payable - Stocks owned by the Gathering Company
= $375,000 - $48,000
= $327,000
Answer:
c. This contract is void.
Explanation:
Since in the question it is mentioned that one day Anna received a phone call from the health insurance salesman and she purchase a $400 medigap insurance policy so the contract should be void in the eyes of law as it is not valid in terms of law plus nothing is specified for whom she purchased the policy for $400
Therefore the correct option is c.
Answer:
NPV= $31,808.91
Explanation:
Giving the following information:
Io= -$150,000.
The operating costs:
Year 1= $5,000
Year 2= $6,000
Year 3= $7,000
The benefits:
Year 1= $80,000
Year 2= $90,000
Year 3= $70,000
To calculate the Net Present Value (NPV) we need to use the following formula:
NPV= -Io + ∑[Cf/(1+i)^n]
Cf= cash flow
Io= -150,000
Cf1= 80,000 - 5,000= 75,000/1.04= $72,115.39
Cf2= 90,000 - 6,000= 84,000/1.04^2=$77,662.72
Cf3= 70,000 - 7,000= 63,000/1.04^3= $56,006.77
NPV= $31,808.91
