Answer:
$34,816.60
Step-by-step explanation:
The computation of the maximum amount of cash should willing to pay for the copy machine by using the present value is shown below:
Present value is
where,
Incremental cash flows is $14,000 per year
Discount rate is 10%
And, the number of years is three years
PVIFA factor for 10% at 3 years is 2.4869
Refer to the PVIFA factor table
Now placing these values to the above formula
So, the present value is
= $34,816.60
Answer:
4
Step-by-step explanation:
4/8=2/4
Both equal 1/2
Answer:
x (40-10) -12000≥980
The factory must sell 433 backpacks to meet its weekly goal.
Hi, to answer this question we have to write an inequality.
So, since the backpacks (x) are sold by $40 and the cost of making one is $10, the revenue per bag is equal to 40x and the cost is 10x.
12,000 of operating expenses are also expenses.
So, for the profit:
Profit = revenue- cost
P = 40x-10x-12,000
P = x (40-10)-12000
The factory goal is to make a profit of at least $980 each week, so, the profit must be greater or equal than 980.
x (40-10) -12000≥980
Solving for x
30x-12000≥980
30x≥980+12000
30x ≥12980
x≥12980/30
x≥432.6
x≥433 (rounded, because if the sell 432 they will not meet the goal)
The factory must sell 433 backpacks to meet its weekly goal.
Step-by-step explanation:
3375/225=15
13500/15=900 books
The answer is D
