Answer:
The bid amount should be $13,200,264.
Explanation:
An oil and gas producing company owns 42,000 acres of land in a southeastern state.
It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year.
The revenue from the oil is $1,800,000 per year and for natural gas the annual revenue is $581,000 per year.
Total Annual Revenue
= Revenue from oil + Revenue from gas
= $1,800,000 + $581,000
= $2,381,000
The bid amount should be the present worth of total annual revenue.
Present Worth of total annual revenue
= 
= 
= 
= 
= 
= 
= $13,200,264
Answer:
In economics, nominal value refers to the current monetary value and does not adjust for the effects of inflation
Explanation:
The drawbacks of the method adopted by CarMax were related to target markets and their Core values, market competencies, idea of Test drives before purchase of product, emergence of competitive companies with their Competitive products and development of a sustainable competitive edge.
CarMax is a vehicle retailer organization situated in US. It provides less expensive cars to customers mainly due to the large inventory that it owns. It provides the option of test driving of car before actually selling it. One of the major weaknesses of the CarMax was it outdated inventory management system. Some customers were even not satisfied with their car selling policies. The disruption in emerging technologies and Changing consumer behavior with huge variety of vehicles also posed certain challenges to the delivery services of CarMax.
Learn more about CarMax at:
brainly.com/question/16782872
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The formula to find the area of a rectangle is
Area=length*width
( area equals length times width)
So you substitute the values in the problem into the equation above.
5 5/8=1 1/2* w
Then you can solve the equation by dividing the 5 5/8 by the 1 1/2, cancelling out 1 1/2 and leaving the w by itself on one half of the equal sign
You are left with
3 3/4 = w
The width of the patio in yards is 3 3/4.
(Just ask if you have more questions or I didn't explain something clearly)
Alright bud so basically what maximizes the amount of interest you can make would be a high interest rate along with a long period of time