i made a bet with my friend that he couldnt swallow an egg full, hes laying on the ground now what do i do

Stemway Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capacity,

PolarNik [594]

Answer:

Location C costs least to the company as it only costs $461,160

Explanation:

We will evaluate all the three proposals

Location A Cost = $500,000

Location B

Down payment = $100,000

Annual year end payment = $50,000 for upcoming 20 years

Present value @ 8% = ( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^0}}}) \times $50,000$ = 9.818 X $50,000 = $490,900

Net Present Value = $100,000 + $490,900 = $590,900

Location C

Payment of $40,000 at the beginning of each year, which means first payment will not be discounted and remaining 24 payments will be discounted.

Thus Present Value = $40,000 +( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^4}}}) \times $40,000$ = $40,000 + 10.529 X $40,000 = $40,000 + $421,160 = $461,160

Thus Location C costs least to the company as it only costs $461,160

7 0

3 years ago

Supply and demand are essential part of a market that determines price and quality of products and services.

nevsk [136]

Answer:

true

Explanation:

8 0

2 years ago

"Life is the sum of all of your choices." What does this quote mean?

UkoKoshka [18]

Answer:

"Life is the sum of all of your choices." This quote is something to think about, and could be taken in many different ways. Life takes you in different paths and during those paths you have to make lots of choices. some could be easy and some could be hard. some of those harder choices can turn out to be a mistake. maybe even the easy ones. your choices throughout life determines whether you would have it easy or hard, regret or fulfill, ior even just look back an say, "I wish I would have never done that choice" or "I'm so happy my choice made my life easier, better, and happier." that's how I would take it, however it can be determined in a very different way depending on the person. though I believe this would be the best answer.

3 0

3 years ago

LePage's has an ending Retained Earnings balance of $51,100. If during the year LePage's paid dividends of $4,300 and had net in

oee [108]

Answer: Option (B) is correct.

Explanation:

Given that,

Ending Retained Earnings balance(current) = $51,100

Dividends = $4,300

Net income = $22,500

Current retained earnings = Beginning Retained Earnings + Net income - Dividends

Beginning Retained Earnings = Current retained earnings - Net income + Dividends

= $51,100 - $22,500 + $4,300

= $32,900

5 0

3 years ago

Nelson Whiting (single) purchased a home in Denver, Colorado, for $300,000. He moved into the home on July 1 of year 1. He lived

Levart [38]

Answer:

$150,000

Explanation:

A rise in the worth of an asset over time that puts a higher price than the price the asset was purchased for is called a capital gain. Capital gains are not realized unless the assets are sold over and above their purchase prices.

In this case the asset was bought for $300,000 and sold for $450,000 representing a net gain of $150,000. All other factors remaining same, this is the amount of gain that Nelson can realize. There are normally capital gains tax payable that can be deducted from the net gain, not applicable in this case.

Hope that helps.

4 0

3 years ago