Suppose the market for grass seed can be expressed as: Demand: QD =380−10p Supply: QS =80+5p (a) The before-tax equilibrium price is $ _______________ and quantity is _______________ Assume that the government collects a $6 specific tax from sellers. (b) The price consumers will pay after the tax is $ _______________ and the price sellers will receive after the tax is $ _______________ (c) The quantity demanded after the tax is _______________ (d) The tax revenue is $ _______________ Hint: Type integers.
Answers
The before-tax equilibrium price is $26 and the quantity is 54.The price consumers will pay after the tax is $32 and the price sellers will receive after the tax is $26.The quantity demanded after the tax is 48.The tax revenue is $288.
(a)To find the equilibrium price and quantity, we set the quantity-demanded (QD) equal to the quantity supplied (QS) and solve for the price (p). By equating QD = 380 - 10p and QS = 80 + 5p, we get 380 - 10p = 80 + 5p. Solving for p gives p = $26. Substituting this price into either the demand or supply equation gives QD = QS = 380 - 10(26) = 80 + 5(26) = 54.(b)When a specific tax of $6 is imposed on sellers, the price consumers pay increases by the amount of the tax. Therefore, the new price consumers will pay is $26 (before-tax equilibrium price) + $6 (tax) = $32. The price received by sellers will be reduced by the amount of the tax, resulting in a price of $26 (before-tax equilibrium price). (c)To determine the quantity demanded after the tax, we substitute the new price ($32) into the demand equation: QD = 380 - 10(32) = 48. (d)Tax revenue can be calculated by multiplying the tax per unit ($6) by the quantity sold after the tax (48): Tax revenue = $6 × 48 = $288.
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Related Questions
describe the opportunity cost (trade off) of a new public high school.
Answers
The opportunity cost of building a new public high school refers to the trade-offs involved in allocating resources and potential benefits that could have been obtained by using those resources for alternative purposes.
The decision to construct a new public high school entails various opportunity costs, as the resources utilized for this project could have been employed in alternative ways. One opportunity cost is the potential use of those resources to enhance existing schools by investing in infrastructure upgrades, advanced technology, or teacher training programs.
By choosing to build a new school, the opportunity to improve the quality and facilities of current educational institutions may be sacrificed. Another trade-off involves the allocation of financial resources, as constructing a new high school requires a significant amount of funding. This investment could have been directed towards other sectors, such as healthcare or transportation, which could have benefited the community in different ways.
Additionally, the construction of a new school may require the acquisition of land, potentially displacing existing businesses or affecting the local environment. Therefore, the opportunity cost of a new public high school lies in the foregone opportunities and potential benefits that could have been attained by utilizing the allocated resources for alternative purposes.
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"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
Answers
industrial lead to water pollution
A computer language that is used in most website design.
HTML
XTML
HMTL
HTTP
Answers
Answer:
JavaScript is one of the most popular and dynamic programming languages used for creating and developing websites. This language is capable of achieving several things including controlling the browser, editing content on a document that has been displayed, allowing client-side scripts to communicate with users and also asynchronous communication.
Explanation:
And HTTP
in a sale of oranges from citrus farm to juice factory inc. to be delivered after the harvest, a fire destroys the fruit before it is picked. under the ucc, the rights and liabilities of citrus and juice in this circumstance are generally determined by
Answers
The rights and liabilities of Citrus Farm and Juice Factory Inc. in the event of a fire destroying the fruit before it is picked would generally be determined by the Uniform Commercial Code (UCC).
The UCC is a set of laws governing commercial transactions in the United States. In this circumstance, the UCC provides guidelines for determining the rights and liabilities of both Citrus Farm (seller) and Juice Factory Inc. (buyer).
Under the UCC, the concept of risk of loss is crucial in determining which party bears the loss due to the fire. The default rule is that the risk of loss transfers from the seller to the buyer when the seller has completed their delivery obligations. However, specific provisions in the contract between Citrus Farm and Juice Factory Inc., such as the agreed-upon delivery terms (e.g., FOB shipping point or FOB destination), can override this default rule.
If the contract specifies a FOB shipping point, the risk of loss transfers to Juice Factory Inc. once the oranges are delivered to the carrier for transportation. If the contract specifies a FOB destination, the risk of loss remains with Citrus Farm until the oranges are actually delivered to Juice Factory Inc.'s designated location.
It is important to review the specific terms and conditions outlined in the contract between Citrus Farm and Juice Factory Inc. to determine the rights and liabilities of both parties in this particular situation.
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Following information pertains to Dilber Associates:
Normal Capacity of plant is 20,000 units per month or 240,000 units a year.
Variable costs per unit are:
Rs.
Direct Material 3.00
Direct Labour 2.25
Variable Factory Overhead 0.75
Total 6.00
Fixed overheads are Rs.300,000 per year or Rs.1.25 per unit at normal capacity. Company is using ‘units of product’ as basis for applying overheads. Fixed marketing and administrative expenses are Rs.60,000 per year and variable marketing expenses are Rs.3,400, Rs.3,600, Rs.4,000 and Rs.3,000 for the first, second, third and fourth month respectively.
Actual and applied variable overheads are the same. Likewise no material or labour variance exists. There is no work in process. Standard costs and finished goods inventories in units are:
MONTH
First Second Third Fourth
Units in beginning inventory ----- ----- 3,000 1,000
Units produced 17,500 21,000 19,000 20,000
Units sold 17,500 18,000 21,000 16,500
Units in ending inventory ----- 3,000 1,000 4,500
Required:
a) Prepare income statement through Absorption
b) Prepare income statement through Direct Costing methods.
Answers
a) Income Statement through Absorption Costing is shown below.
Sales Revenue:
Month 1: 17,500 units x Rs.6.00 = Rs.105,000
Month 2: 18,000 units x Rs.6.00 = Rs.108,000
Month 3: 21,000 units x Rs.6.00 = Rs.126,000
Month 4: 16,500 units x Rs.6.00 = Rs.99,000
Variable Cost of Goods Sold:
Month 1: 17,500 units x (Rs.3.00 + Rs.2.25 + Rs.0.75) = Rs.87,500
Month 2: 18,000 units x (Rs.3.00 + Rs.2.25 + Rs.0.75) = Rs.90,000
Month 3: 21,000 units x (Rs.3.00 + Rs.2.25 + Rs.0.75) = Rs.105,000
Month 4: 16,500 units x (Rs.3.00 + Rs.2.25 + Rs.0.75) = Rs.82,500
Fixed Manufacturing Overhead:
Month 1: 17,500 units x Rs.1.25 = Rs.21,875
Month 2: 18,000 units x Rs.1.25 = Rs.22,500
Month 3: 21,000 units x Rs.1.25 = Rs.26,250
Month 4: 16,500 units x Rs.1.25 = Rs.20,625
Fixed Marketing and Administrative Expenses: Rs.60,000 (allocated equally over the four months)
Total Expenses:
Month 1: Variable Cost of Goods Sold + Fixed Manufacturing Overhead + Fixed Marketing and Administrative Expenses = Rs.87,500 + Rs.21,875 + Rs.15,000 = Rs.124,375
Month 2: Variable Cost of Goods Sold + Fixed Manufacturing Overhead + Fixed Marketing and Administrative Expenses = Rs.90,000 + Rs.22,500 + Rs.15,000 = Rs.127,500
Month 3: Variable Cost of Goods Sold + Fixed Manufacturing Overhead + Fixed Marketing and Administrative Expenses = Rs.105,000 + Rs.26,250 + Rs.15,000 = Rs.146,250
Month 4: Variable Cost of Goods Sold + Fixed Manufacturing Overhead + Fixed Marketing and Administrative Expenses = Rs.82,500 + Rs.20,625 + Rs.15,000 = Rs.118,125
Net Income:
Sales Revenue - Total Expenses = Net Income
Month 1: Rs.105,000 - Rs.124,375 = -Rs.19,375
Month 2: Rs.108,000 - Rs.127,500 = -Rs.19,500
Month 3: Rs.126,000 - Rs.146,250 = -Rs.20,250
Month 4: Rs.99,000 - Rs.118,125 = -Rs.19,125
b) Income Statement through through Direct Costing methods is shown below.
Month 1:
Sales Revenue:
17,500 units sold x Rs.6.00 per unit = Rs.105,000
Variable Cost of Goods Sold:
17,500 units sold x (Rs.3.00 + Rs.2.25 + Rs.0.75) = Rs.87,500
Variable Marketing Expenses: Rs.3,400
Total Variable Costs:
Variable Cost of Goods Sold + Variable Marketing Expenses = Rs.87,500 + Rs.3,400 = Rs.90,900
Contribution Margin:
Sales Revenue - Total Variable Costs = Rs.105,000 - Rs.90,900 = Rs.14,100
Fixed Overheads (Rs.1.25 per unit):
17,500 units sold x Rs.1.25 = Rs.21,875
Fixed Marketing and Administrative Expenses: Rs.60,000
Total Fixed Expenses:
Fixed Overheads + Fixed Marketing and Administrative Expenses = Rs.21,875 + Rs.60,000 = Rs.81,875
Net Income:
Contribution Margin - Total Fixed Expenses = Rs.14,100 - Rs.81,875 = -Rs.67,775 (Loss)
The income statements for the remaining months (Month 2, Month 3, and Month 4) can be prepared following the same steps using the corresponding data.
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consider service processes. they usually have a) output that can be inventoried.b) physical, durable output.c) shorter response times.d) low levels of customer contact.
Answers
In the context of service processes, the statement "they usually have" suggests that we are discussing general characteristics or trends rather than absolute rules. Option B is the correct answer.
Output that can be inventoried: Service processes typically do not have inventoryable outputs. Unlike manufacturing processes that produce physical goods, services are intangible and typically consumed at the same time they are produced. For example, a haircut, a consultation, or a software installation are services that cannot be stored or inventoried.
Physical, durable output: Service processes generally do not produce physical, durable outputs. Services are often based on interactions, experiences, or knowledge transfer between the service provider and the customer. The output of a service process is often intangible and non-physical, such as advice, expertise, or assistance. Option B is the correct answer.
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Quiz: Building Good Spending Habits
ХА
Question 1 of 10
Which of the following is a wise practice for making important purchases?
A. Trust customer claims from the manufacturer
O B. Skim return policies and warranties
Ο Ο ОО
O C. Ignore professional reviews
D. Be wary of customer testimonials
SUBMIT
PREVIOUS
Answers
Answer:
I THINK IT IS A
Explanation:
you want to trust your customer claims because that is your your buisness is the customer so trust what they have to say
analyzes which markets are accessible to your company
Answers
Answer:
How do you analyze a company's market?
These are the seven steps of conducting a market analysis:
Determine your purpose. ...
Research the state of the industry. ...
Identify your target customer. ...
Understand your competition. ...
Gather additional data. ...
Analyze your data. ...
Put your analysis to work.
What should a market analysis include?
What to include in your market analysis. Your market analysis should include an overview of your industry, a look at your target market, an analysis of your competition, your own projections for your business, and any regulations you'll need to comply with.
How do you analyze a company's market?
These are the seven steps of conducting a market analysis:
Determine your purpose. ...
Research the state of the industry. ...
Identify your target customer. ...
Understand your competition. ...
Gather additional data. ...
Analyze your data. ...
Put your analysis to work
Explanation:
MARK A BRAINLESS THIS ANSWER IS CORRECT
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What is the equilibrium price in this market? $ 4.00 per bushel At what price is there neither a shortage nor a surplus? $ 4.00 per bushel Fill in the surplus-shortage column and use it to confirm your answers
Answers
Based on the quantity demanded and the quantity supplied, the equilibrium price is $4.00 per bushel.
What is the Equilibrium Price ?This is the price at which quantity demanded and quantity supplied are equal. Price where there is no shortage or surplus.From the table, this price is shown to be $4.00 because the quantity demanded and the quantity supplied are both 75 thousand.
In conclusion, the equilibrium price is $4.00.
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You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?
Answers
The percent of your balance will remain in the checking account is 90.26%
To find out what percent of your balance will remain, you'll need to first subtract the amount of the check ($167.50) from your account balance ($1,725.25) to get the new balance after writing the check.
$1,725.25 - $167.50 = $1,557.75
Now that you know your new balance, you can find out what percent of your original balance remains by dividing the new balance by the original balance and then multiplying by 100 to get the percentage.
($1,557.75 ÷ $1,725.25) x 100% = 90.26%
So, after writing the check for $167.50, 90.26% of your original balance will remain in your account. This means that $1,557.75 is 90.26% of $1,725.25.
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Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. Do you agree or not? Explain your reasoning.
Answers
Answer: i do agree
Explanation: they are a factor because they help the economy in the same ways as the other factors of production
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. The given statement is true. Because of the economy in the same ways as the other factors of production.
What is the economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the production and consumption of goods and services as a whole.
The traditional economy, which uses a country's traditions and history to direct the production and distribution of goods, is a well-known illustration of an economy. The main pillars of traditional economies are agriculture, fishing, and hunting.
Entrepreneurs should be considered a fourth factor of production labor, capital, natural resources, and entrepreneur.
Therefore, By the given statement(Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production) was true.
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Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly. 1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March 1. 2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1. 3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5. 4. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month. These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.) 5. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due. (a) For each of the above situations, prepare the adjusting journal entry required at March 31. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. Round all amounts to the nearest dollar. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)
Answers
Coronado Corporation had the following selected transactions in the month of March. The company adjusts its accounts monthly.1. The company has a 6\%, $9,000 bank loan payable due in one year. Interest is payable on the first day of each following month and was last paid on March
1.Adjusting entry at the end of March 31: Interest Expense: = $45 ($9,000 * 6% * 2/12)Interest Payable: = $45 ($9,000 * 6% * 1/12)2. At the end of March, the company earned $240 interest on its investments. The bank deposited this amount in Coronado's cash account on April 1.No adjustment is required at March 31 because it is cash received in April.3. Coronado has five employees who each earn $190 a day. Salaries are normally paid on Mondays for work completed Monday through Friday of the previous week. Salaries were last paid on Monday, March 29 . March 31 falls on a Wednesday this year. Salaries will be paid next on Monday, April 5.Adjusting entry at the end of March 31: Salaries Expense: = $570 ($190 * 3 days)Salaries Payable: = $5704. At the end of March, the company owed the utility company $590 and the telephone company $180 for services received during the month.
These bills were paid on April 10. (Hint: Use the Utilities Expense account for the utility and telephone services.)Adjusting entry at the end of March 31:Utilities Expense: = $590Telephone Expense: = $180Utilities Payable: = $590Telephone Payable: = $1805. At the end of March, Coronado has earned service revenue of $3,030 that it has not yet billed. It bills its clients for this amount on April 4. On April 30, it collects $1,840 of this amount due.Adjusting entry at the end of March 31:Accounts Receivable: = $3,030Service Revenue: = $3,030No adjusting entry is required on April 30 because it is cash received in April.
Thus, it does not affect the March 31 adjusting entry. The journal entries required for the above transactions are as follows: Particulars Debit Credit Interest Expense$45Interest Payable$45Salaries Expense$570Salaries Payable$570Utilities Expense$590Utilities Payable$590Telephone Expense$180Telephone Payable$180Service Revenue$3,030Accounts Receivable$3,030
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you purchase a car for 20,000 you made a down payment of 5,000 and took out a loan for the rest. what is the principle balance of the loan
Answers
Answer:
15,000
Explanation:
The principal amount in a loan is the amount borrowed. It is the amount from which interest is calculated. When repaying a loan, the full principal amount and the interest must be paid.
The car is valued at 20,000. A deposit of 5000 is paid. the principal amount in the loan is 15,000. (20,000 - 5000)
In the event of the firm's bankruptcy,a)the most shareholders can lose is their original investment in the firm's stock.b) common shareholders are the first in line to receive their claims on the firm's assets.c)bondholders have claim to what is left from the liquidation of the firm's assets after paying the shareholders.d)the claims of preferred shareholders are honored before those of the common shareholders.e)the most shareholders can lose is their original investment in the firm's stock
Answers
In the event of a firm's bankruptcy,
a) the most shareholders can lose is their original investment in the firm's stock,
d) the claims of preferred shareholders are honored before those of the common shareholders, and,
c) bondholders have a claim to what is left from the liquidation of the firm's assets after paying the shareholders.
Bankruptcy is a legal status for a company that is unable to repay its debts to creditors. When a firm files for bankruptcy, its assets are liquidated, and the proceeds are used to pay off the company's creditors.
There are several types of claims that creditors can make against a bankrupt firm's assets.
Shareholders are the owners of the company, and they can lose their investment if the firm goes bankrupt. However, the maximum amount they can lose is the original amount they invested in the company's stock.
Preferred shareholders have priority over common shareholders when it comes to claims in bankruptcy. They are entitled to receive their dividends before common shareholders, and their claims are also honored before those of common shareholders.
Bondholders are creditors who have lent money to the company by purchasing bonds. They have a higher claim to the company's assets than shareholders, as they are entitled to receive what is left over from the liquidation of the company's assets after paying off the shareholders.
Bondholders are also entitled to receive interest payments on their bonds before shareholders receive dividends.
In summary, in the event of a firm's bankruptcy, shareholders can lose their investment, preferred shareholders have priority over common shareholders, and bondholders have a higher claim to the company's assets than shareholders.
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What are some of the safety precautions that the workers must follow to avoid injury in the workplace? Which precautions are the worker's responsibility? Which precautions are the employer's responsibility?
Answers
one should use appropriate tool for the appropriate work
What does it mean when the feds lower interest rates?
Answers
Interest rates are lowered by the Fed in order to boost economic development. Reduced finance costs might entice people to borrow and invest. When interest rates are excessively low, however, they might stimulate excessive growth and perhaps inflation. On the other hand, if growth becomes excessive, the Fed will boost interest rates.
buying insurance is a risk management strategy. describe what kinds of risk are managed (what is the trade-off?), what risk attitude is being managed, and the role of the utility function in determining the price of insurance.
Answers
Buying insurance is a risk management strategy.
The kinds of risk that are managed in buying insurance include financial risk, legal risk, and medical risk.
The trade-off is that people who buy insurance pay a premium to an insurance company, which means they pay more than they would if they didn't buy insurance. In exchange, the insurance company takes on the risk of any losses that might occur. This means that people who buy insurance are transferring some of their risk to the insurance company.
Risk attitude is being managed when people buy insurance. People who buy insurance are typically risk-averse, which means they would rather pay a premium to avoid the risk of a large loss. The insurance company, on the other hand, is typically risk-neutral, which means it is willing to accept the risk of a large loss in exchange for a premium that covers the cost of any losses that might occur.
The role of the utility function in determining the price of insurance is to help insurance companies calculate the expected value of a loss. The utility function is a measure of how much an individual values a particular outcome. In the case of insurance, the utility function is used to determine the value of the premium that people are willing to pay in exchange for the risk of a large loss. The higher the premium, the greater the expected value of the loss, and the more the insurance company will charge for the insurance policy.
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Please hurry!!!
how can a small company benefit from writing a marketing plan?
Answers
Answer:
One Page Marketing
Explanation:
One Page Marketing Plan can help simplify and maximize your marketing efforts as well as help you create an actionable to reach your business goals.
What do you think it means that your money is FDIC/NCUA insured up to $250,000
Answers
I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.
What is the banking requirement?The insurance of deposit is necessary to prevent to banks from huge liability incase they lose their customer's deposit because of theft, fraud etc
In conclusion, I believed that my deposit money is insured up to $250,000 by FDIC/NCUA because it is a legal banking requirement.
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If the public decides to hold more currency and fewer deposits in banks, bank reserves.
Answers
If the public decides to hold more currency and fewer deposits in banks, bank reserves. Decrease, and the money supply eventually decreases.
What do you mean by the bank reserves?The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves.
The bank must store this actual paper money in a vault on the property or in an account with the national bank.
Bank reserves might be sent to a larger bank or a local Federal Reserve bank facility, or they might be stored at a local bank's vault.
Therefore, if the public decides to hold more currency and fewer deposits in banks, bank reserves. Decrease, and the money supply eventually decreases.
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Given an actual demand of 63 a previous forecast of 58 and an alpha of .3 what would the forecast for the next period be using simple exponential smoothing ?
Answers
Answer:
The forecast for the next period based on simple exponential smoothing is 59.50
Explanation:
In determining the forecast for the period using the exponential smoothing approach, the below formula is of utmost importance:
forecast=(α*prior period actual)+(1-α)*prior period forecast
α =alpha=smoothing constant =.3
prior period actual=63
prior period forecast=58
forecast for the next period=(.3*63)+(1-.3)*58
forecast for the next period=18.90+40.60
forecast for the next period=59.50
An economic system is a society’s system of production, distribution and consumption of?.
Answers
The manner in which a society manages the creation, transfer, and consumption of products and services is referred to as its economic system.
What is the process by which products and services are produced, distributed, and consumed in a society?
The system of producing, distributing, and consuming goods and services is known as the economy. Various forms of economies exist, including command, traditional, market, and mixed.
Which economic system's distribution and production are found?
Market-based economies, also known as free market economies, are self-regulatory and permit the production and distribution of goods in response to consumer demand.
An economic system is a mechanism used by communities or governments to coordinate and distribute resources, services, and goods throughout a territory or nation. Economic systems control the production factors, such as labor, capital, land, and physical resources.
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How can you create any elegant and artistic presentation of a cake or pastry considering the product and its container?
Answers
Learn advanced piping techniques. ...
Create stunning sugar flowers. ...
Add cake sculpting to your list of accomplishments. ...
Discover hand painting techniques.
Before you move forward, summarize the changes you will need to make to your new budget. Describe these changes in at least two sentences.
Answers
Answer: yes
Explanation:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Answer:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Explanation: I just did the test an got a 100
journal entries
sold goods costing Rs. 15000 for Rs.5000 profit
Answers
Answer:
sales cr profit cash dr
Analyse the key factors affecting decisions for a person in Sydney to invest in property?
Answers
Answer:
Emotion, Cultural superstitions, Perceived value, First Impressions, A Home That Tells a Story, Social Proof, The Ideal Lifestyle
Explanation:
There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by emotion and aesthetic much more than we think
Type the correct answer in the box. Spell all words correctly.
What is the term for the account balances of commercial banks held by the central bank?
The account balances of commercial banks held by the central bank are termed ________
Answers
Answer:
The account balances of commercial banks held by the central bank are termed as Bank reserves or Reserves
Explanation:
One function of the central bank is to be a bank to the commercial banks. Each licensed bank is required to open and operate an account with the central bank. The deposits that commercial banks hold at the central bank as known as bank reserves or reserves.
The central bank offers banking services to commercial banks, just as commercial banks serve their customers. The central bank accepts deposits, process checks, and issues loans to commercial banks
the following are the cash flows of two projects: year 0 1 2 3 4
project a 340 170 170 170 170
project b 340 240 240 240 240
what is the payback period of each project?
Answers
The payback period for project A is 2 years and the payback period for project B is 1.42 years.
The payback period is the amount of time it takes for a project to recoup its initial investment. It is calculated by adding up the cash flows until the sum is equal to the initial investment.
For project A, the payback period is 2 years. This is because the initial investment of $340 is recouped by the end of year 2, with cash flows of $170 in year 1 and $170 in year 2.
For project B, the payback period is 1.42 years.
This is because the initial investment of $340 is recouped in year 1 with a cash flow of $240, and then an additional $100 is recouped in year 2. The remaining $40 needed to reach the initial investment is recouped in 0.42 years (40/240).
Therefore, the payback period for project A is 2 years and the payback period for project B is 1.42 years.
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Geraldo is the owner/manager of geraldo’s cleaning service, a firm that cleans office building. Geraldo has a team of seven employees who do a fantastic job. To encourage them to keep up the good work, geraldo tells his employees that if they continue to work hard until the end of the quarter and if he is pleased with his profits at the end of the quarter, he will give them each a $100 bonus. At the end of the quarter, the company’s profits were extremely high. Will geraldo have to make good on his promise of a $100 bonus for each employee?.
Answers
Yes, Geraldo will have to award the bonuses because profits were extremely high.
Here, Geraldo promised if he is pleased with his profits at the end of the quarter, he will give his employees each a $100 bonus. As the profits are extremely high, he will have to award bonuses.
2. No. Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Here, there was a lack of knowledge about the subject matter of the contract on the part of Robert. So, Geoffrey cannot enforce the deal because Robert was unaware of the true value of the planer.
Profit:-
Profit is what's left over after all expenses are covered. These expenses consist of labor, supplies, debt interest, and taxes. Typically, profit is used to describe a business's operations. However, everyone who earns money makes money. It's what's left over after the bills have been paid.
Profit is how business owners are rewarded for their investments. It is immediately paid as income in small businesses. In corporations, it's frequently distributed to shareholders in the form of dividends.
A "loss" is what happens when costs exceed income. A business falls bankrupt if losses persist for too long.
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why storage forms a key aspect in fruit farming ?
Answers
Answer:
The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.