The final payment for ace industries, rounded up to the next cent, is approximately $1,799.
the final payment for ace industries, who borrowed $150,000 amortized over 10 years with a monthly interest rate of j12=6%, rounded up to the next cent, is approximately $1,799.61.
to calculate the monthly payment, we need to use the formula for the monthly payment on an amortizing loan:
monthly payment = (p * r) / (1 - (1 + r)⁽⁻ⁿ⁾)
where:
p = principal amount = $150,000r = monthly interest rate = annual interest rate / 12 = 6% / 12 = 0.005
n = total number of payments = 10 years * 12 months per year = 120
plugging in these values into the formula:
monthly payment = (150000 * 0.005) / (1 - (1 + 0.005)⁽⁻¹²⁰⁾) ≈ $1,608.02
since the monthly payment is rounded up to the next cent, the final payment will be slightly higher. to find the final payment, we subtract the sum of the previous 119 payments from the remaining balance:
final payment = monthly payment - (monthly payment * (n - 1))
= $1,608.02 - ($1,608.02 * (120 - 1)) ≈ $1,799.61 61.
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What kinds of jobs are exempt from paying the self-employment tax and why?.
Management career skills include managing _____. time personnel finances all of the above
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Which of the following is an example of the ethical issue of gift-giving in the
health care industry?
Answer:
Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...
Transmission of Diseases. ...
Relationships. ...
End-of-Life Issues
etc.
Answer:
A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.
Explanation:
good luck with your homework <3
Which of the following is not an example of appropriate business etiquette?
Greet everyone cordially, warmly, professionally, and with eye contact.
Dress appropriately and professionally and practice good hygiene.
Arrive at appointments within fifteen minutes of the scheduled time.
Pay attention to the person to whom you are speaking and learn their name.
Answer: Arriving at appointments within fifteen minutes of the scheduled time. This is not an example of appropriate business etiquette as it suggests arriving late or not on time. A person should arrive on time or a few minutes early for a business appointment.
Destiny decides to take her dog to the dog park. After parking her car, and while still a few hundred feet from the gated dog park section of the park, she goes ahead and lets her dog off its leash early, thinking he is a good dog and won't run off from her. Well, he proceeds to run off from her and to chase Marvin, who has always been afraid of dogs. The dog then jumps on Marvin, knocks him down, and bites him on the arm. Marvin dies of a heart attack two months later. If his relatives then sue Destiny for Negligence for causing the wrongful death of Marvin, they will most likely lose because of the difficulty of proving which element required for Negligence? al That Destiny owed a Duty of Care b) That Destiny Breached a duty of care since she did nothing wrong here Od That Marvin suffered an Injury d) That Destiny's breach of duty was the Cause of Marvin's injury el Trick Question: Marvin's relatives would most likely win their case for Negligence since all of the elements needed for a successful claim of Negligence are present here.
If Destiny's relatives sue her for Negligence, they are likely to lose because the difficulty of proving that Destiny's breach of duty was the cause of Marvin's injury.
It is important to know that a successful claim of Negligence must include Duty of Care, Breach of Duty, Causation, and Injury. In the scenario given, the fourth element is the most difficult to prove in court because Marvin dies two months after the incident, making it difficult to prove that his heart attack was a direct result of Destiny's dog biting him. Therefore, the relatives of Marvin would likely lose if they sue Destiny for Negligence.
In this given scenario, the relatives of Marvin are likely to lose if they sue Destiny for Negligence. The reason behind this is that a successful claim of Negligence must include Duty of Care, Breach of Duty, Causation, and Injury. In this case, the fourth element, Causation, is the most difficult to prove in court since Marvin dies two months after the incident.
It will be difficult to prove that his heart attack was a direct result of Destiny's dog biting him, making it difficult to hold Destiny responsible for Marvin's death. Therefore, even if Marvin's relatives sue Destiny for Negligence, they are likely to lose the case due to the difficulty of proving that Destiny's breach of duty was the cause of Marvin's injury.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Violet Inc. has been undertaking a lot of responsibilities as a company in order to be the best in its industry. Over time, however, these responsibilities become tough to handle and the company finds it difficult to efficiently manage the time and effort to perform its activities. In contrast, other firms in the industry that outsource some of their activities to smaller companies find it easier to generate more profit than Violet Inc. The situation faced by Violet Inc. in this example illustrates one of the important disadvantages of vertical integration that is _________.
A. loss of focus
B. loss of flexibility
C. loss of frequency
D. loss of facility
a double rule applied to accounts in the ledger during the closing process implies that
The application of a double rule to accounts in the ledger during the closing process is an accounting practice that ensures accuracy and balance in financial statements.
The double rule, also known as the double-entry accounting system, is a fundamental principle in accounting that requires every transaction to have an equal and opposite effect on two or more accounts. This principle ensures that the accounting equation (Assets = Liabilities + Equity) remains in balance.
During the closing process, which typically occurs at the end of an accounting period, certain temporary accounts such as revenue and expense accounts are closed. The double rule is posting applied to these accounts to ensure that their balances are accurately transferred to the appropriate permanent accounts.
When closing revenue accounts, the double rule is applied by debiting the revenue accounts to reduce their balances to zero and crediting the income summary account. This process reflects the transfer of revenues to the income summary account.
Similarly, when closing expense accounts, the double rule is applied by debiting the income summary account and crediting the expense accounts to reduce their balances to zero. This transfer represents the allocation of expenses to the income summary account.
By applying the double rule during the closing process, the financial statements accurately reflect the net income or loss for the period, and the temporary accounts are reset for the start of the next accounting period.
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Question 4 Lauren McMann is an advanced mountaineer and outdoor adventure specialist. In 2021, a headhunting firm connected her with Whitehorse Expeditions Ltd (WEL) a public Ca Other information rele
Lauren received compensation of $18,550 and low interest rate of $4950.
Lauren experienced a loss on the sale of her home:
Proceeds from sale: $345,400 (Given)
Original cost: $382,500 (Given)
Loss on the sale: ($37,100) (Given)
WEL agreed to compensate Lauren for one-half of the loss amount.
Compensation = 1/2 * Loss on sale
= 1/2 * ($37,100)
= $18,550
Therefore, the compensation amount received by Lauren is $18,550.
Loan amount: $180,000
Actual interest rate: 0.75%
Prescribed interest rate: 1% (assumed for all of 2021)
Interest rate difference = Prescribed interest rate - Actual interest rate
= 1% - 0.75%
= 0.25%
Taxable benefit = Interest rate difference * Loan amount * Number of months (From 1 Feb to 31 Dec)
Taxable benefit = 0.25% * $180,000 * 11
= $4950
Therefore, the low interest loan benefit is $4950.
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The complete question is:
Lauren McMann is an advanced mountaineer and outdoor adventure specialist. In 2021, a headhunting firm connected her with Whitehorse Expeditions Ltd (WEL) a public Ca Other information relevant to 2021:
Lauren put her house on the market on January 5, 2021, and at the urging of the listing agent, she accepted an offer resulting in a loss on this property. WEL agreed to compensate her for one-half of any loss on the sale of her home. The payment was made on May 30, 2021.
Proceeds from sale of home = 345,400
Original home cost = 382,500
Gain (Loss) = (37,100)
In order to help Lauren with the purchase of her new townhouse, WEL provided her with a $180,000, 0.75% housing loan. The funds are provided to Lauren on February 1, 2021. Assume that the prescribed rate for all of 2021 is 1 percent. Use the number months to calculate the low interest loan benefit.
A fish Connor survive without water and a profession cannot exist without education. Explain
Explanation:
This is trying to tell us about the importance of "basics" in every aspect of life.
The main basics or ingredient for the survival of a fish is water.
That is it's home,it's habitat,it's cradle of life and so juxtaposing it with a profession,we find out that the basics of any and every profession is Education.
Education on that particular profession.The knowledge of a profession is gotten only through the basics, which is Education,while expertise on that profession is gotten through Education and experience garnered overtime.
Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.
Answer:
A. $60,653
B. $98,313
C. $136,217
Explanation:
The formula that is used for calculating the annuity value is as under:
Annuity Value in "n" years = Present Value * (1 - (1 + r)^-n) / r
For 5 years:
Annuity Value in "5" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $60,653
For 10 years:
Annuity Value in "10" years = $16,000 * (1 - (1 + 10%)^-10) / 10%
= $98,313
For 20 years:
Annuity Value in "20" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $136,217
An increase in the supply of money will lead to ____ in equilibrium real GDP and ____ in equilibrium price level. a.a decreases; an increase b.a decrease; a decrease c.an increase; a decrease d.an increase; an increase g
When borrowing money becomes easier, consumption and lending (and borrowing) rates tend to rise.
Higher rates of consumption, lending, and borrowing can be linked to a rise in an economy's overall output, expenditure, and, presumably, GDP in the near run.
For a given price level and output, an increase in the money supply lowers the interest rate.
What Factors Influence Money Supply?The most important determinant of the money supply is the Federal Reserve policy.
The Federal Reserve influences the money supply via changing bank deposits, which are its most essential component. This is how it goes.
Depository institutions (commercial banks and other financial institutions) are required by the Federal Reserve to retain a portion of their deposit liabilities as reserves.
These reserves are held by depository institutions as cash in vaults or ATMs, as well as deposits at Federal Reserve banks.
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Mention 4 financing option that you may consider to start your own business
Answer:
Term loan: A lump sum repaid over a fixed time.Line of credit/credit card: Funds that are available to use when needed.Peer-to-peer lending: A crowdfunded loan.Friends and family: When those close to you lend you money.lnvoice financing: An advance on the invoices you've issuedHere are some common financing options to consider when starting a business:
Personal savingsLoans from friends and familyCrowdfundingAngel investorsWhat are the financing option that you may consider to start your own business?Personal savings: One of the most common ways to finance a startup is to use personal savings. This involves using money that you have saved up over time, either in a savings account or other investments, to fund your business.
Business loans: Business loans can come from a variety of sources, including banks, credit unions, and online lenders. These loans can be secured or unsecured and may require collateral or a personal guarantee.
Crowdfunding: Crowdfunding involves raising money from a large number of people, typically through an online platform. This can be a good option for startups that have a compelling story or idea, as it allows them to reach a broad audience.
Angel investors: Angel investors are individuals who invest their own money in startups in exchange for equity in the company. They can provide funding, as well as guidance and mentorship, to help the startup grow and succeed.
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The pipe located underneath Jiro’s kitchen sink was leaking and he did not know how to fix it. He called a plumber who agreed to come fix the leaking pipe in exchange for $125 plus the cost of any parts. The plumber went to Jiro’s home, removed the old pipe that was leaking, and replaced it with a new pipe that the plumber brought with her. When the plumber was finished, she told Jiro that the total cost was $140 and Jiro promptly paid her. Was this a voluntary exchange? Why or why not?
A
Yes, because both parties willingly entered the exchange and benefited from it.
B
Yes, because one party exchanged money with another party for a good or service.
C
No, because Jiro was not aware of the final cost before he agreed to the exchange.
D
No, because the plumber’s service was not equal in value to the money paid by Jiro.
Answer:
A
Explanation:
It’s not b
The given statement clearly states that it was a voluntary exchange because both parties willingly entered the exchange and benefited from it. Hence, Option A is correct.
What is a voluntary exchange?
Buyers and sellers engaging in market exchanges voluntarily and freely is known as voluntary exchange. A basic tenet of both classical and neoclassical economics, which serve as the foundation for modern mainstream economics, is voluntary exchange.
A transaction when two persons freely exchange products or services is referred to as a voluntary exchange. This happens in a market economy, a form of economy where both parties to an interaction benefit from it and come out ahead than they did before.
Given that both parties entered the voluntary exchange and benefited from it, it is apparent that the transaction was voluntary.
Therefore, Option A is correct.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Which ofthe following accounts are usually transferred to the Income Statement? *
1 point
a. Rent, premises, drawings
b. Drawings, rent, purchases
c. Commission received, rent, purchases
d.Purchases, furniture, commission received
Answer:C
Explanation:It is C because to get your commission they need to transferred to your Income Statement and for rent they need to know that you can afford to live there.To purchase big stuff they gotta look at your income to buy it.
Course : Analyzing and Visualizing data
Please note what you’ve learned in the course and how you will
apply it to your work life. Also, note anything else of importance
regarding the course overall
Analyzing and Visualizing Data is a comprehensive course that aims to impart data analysis and data visualization skills to learners. It teaches you how to utilize tools such as R, Python, and Tableau to analyze data, extract insights, and visualize them. Below are some of the key concepts learned in this course that can be applied to the work-life:
1. Data Cleaning and PreprocessingIn data analysis, the data you're working with will most likely need to be cleaned and preprocessed to ensure the accuracy of the results. Data cleaning refers to the process of removing or correcting errors, incomplete data, or duplicate entries from your data set. The preprocessing involves the conversion of raw data into a form that is compatible with analysis tools.
2. Data VisualizationData visualization is a way of representing data in a graphical format to enhance its readability and make it easier to interpret. It is a critical tool for data scientists, business analysts, and researchers to communicate insights to stakeholders.
3. Data AnalysisThis course teaches you the basics of data analysis, which is the process of examining data sets to extract insights and find trends. The process involves several steps, including data cleaning, data wrangling, data exploration, and data visualization. It also covers techniques such as statistical analysis and machine learning algorithms. Overall, Analyzing and Visualizing Data is a valuable course that can be applied to many careers. The skills learned in the course are transferable to data-driven fields such as data analysis, business intelligence, machine learning, and more.
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Question 26 2 pts A new technique is discovered for manufacturing computers that greatly lowers their production cost. What happens to the market for computers? O the demand curve will shift left the supply curve shifts right O the supply curve shifts left O the demand curve shifts right 10 pts 27
If a new technique is discovered for manufacturing computers that greatly lowers their production cost, the supply curve will shift rightward. Therefore, the correct option is - The supply curve shifts right.
What is the Supply Curve?
The supply curve is a graphical representation of the relationship between the price of a good or service and the quantity supplied by producers. A supply curve shows the quantity that producers will supply at each price. It implies that as the price of a good increase, the quantity of goods supplied also increases.
The graph of the supply curve has a positive slope, indicating that as the price increases, the quantity supplied also increases. This implies that producers would be more willing to supply goods if they can obtain a higher price for them.
Similarly, producers will be less inclined to produce goods if they receive lower prices, resulting in a decrease in the quantity supplied. As a result, a new technique for manufacturing computers that greatly lower their production cost will cause the supply curve to shift to the right.
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write five safety measures that should followed while working at industrial business
Answer:
The safety measures that we should follow while working at industrial business are:
1. wear Safety Equipment .
2. Prevent Slips and Trips.
3. Use Equipment and Tools properly.
4. Keep work areas clean.
5. Inform supervisor of unsafe conditions.
Explanation:
Thankyou ❤
_____ correct(s) or prevent(s) further quality problems based on quality control measurements.
Quality control measurements are crucial for identifying any existing quality problems in a product or service. Additionally, these measurements also serve to prevent any further quality issues that may arise in the future. By regularly monitoring and analyzing quality control data.
For example, if a manufacturer notices that a particular batch of products consistently fails to meet the quality standards, they can take corrective actions to rectify the problem. This may involve reworking or scrapping the defective products, identifying the root cause of the issue, and implementing process improvements to prevent similar quality problems from occurring in the future.
Likewise, quality control measurements can also help prevent quality issues from arising in the first place. By setting strict quality standards and regularly monitoring the production process, businesses can identify potential quality issues early on and take corrective actions before they escalate into bigger problems.
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Quality control measurements correct or prevent further quality problems based on quality control measurements.
What is quality control?
Quality control is a process that involves monitoring and evaluating products, services, or processes to ensure they meet established quality standards. Quality control measurements are taken to assess the level of conformity to these standards and identify any deviations or defects.
When quality control measurements identify quality problems, corrective actions can be taken to address and rectify the issues. These corrective actions aim to correct the specific problems identified, preventing them from recurring in the future.
By addressing the root causes of quality issues, corrective actions help improve the overall quality and reliability of the products, services, or processes.
Additionally, quality control measurements also serve a preventive purpose. By monitoring and analyzing quality control data, patterns and trends can be identified, allowing for proactive measures to be implemented to prevent further quality problems.
These preventive actions can involve process improvements, training programs, adjustments in quality standards, or modifications in the production or service delivery methods.
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April works diligently to accomplish the company goals in an efficient and effective manner, utilizing her employees through planning, organizing, leading, and controlling company resources. April is.
April works diligently to accomplish the company goals in an efficient and effective manner, utilizing her employees through planning, organizing, leading, and controlling company resources. April is managing.
How do you describe an efficient individual?
Acting or functioning inside the excellent viable manner with the least waste of time and effort; having and the use of needful understanding, talent, and industry; in a position; capable: a reliable, green assistant.
What's efficient and instance?
The definition of efficient is being efficient with minimal effort. An example of efficient is a vehicle that receives 60 miles to a gallon of gasoline.
What does it suggest to be efficient at paintings?
Performance inside the workplace approach while employees carry out the ideal responsibilities in the proper manner, with the least waste of time and effort. In essence, improving workplace performance is ready assisting personnel paintings smarter, no longer more difficult.
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What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders
Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.
The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.
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in which order from top to bottom is the order of the unadjusted trial balance
The order of the unadjusted trial balance is typically arranged in the following order from top to bottom:
Assets (current assets first, followed by long-term assets)Liabilities (current liabilities first, followed by long-term liabilities)Equity (capital, retained earnings, and any other equity accounts)Revenues (all income accounts)Expenses (all expense accounts)An unadjusted trial balance is a list of all the accounts in a company's accounting system and their balances at a specific point in time, usually at the end of an accounting period. The purpose of an unadjusted trial balance is to ensure that the total of all debits equals the total of all credits in the accounts before any adjusting entries are made.
The unadjusted trial balance is typically presented in the following order from top to bottom:
Assets: This section includes all the accounts that represent the resources owned by the company, such as cash, accounts receivable, inventory, and property, plant, and equipment.Liabilities: This section includes all the accounts that represent the company's obligations, such as accounts payable, notes payable, and long-term debt.Equity: This section includes all the accounts that represent the owners' stake in the company, such as common stock, retained earnings, and dividends.Revenue: This section includes all the accounts that represent the company's earnings from the sale of goods or services, such as sales revenue, service revenue, and interest revenue.Expenses: This section includes all the accounts that represent the company's costs of doing business, such as cost of goods sold, salaries and wages expense, rent expense, and utilities expense.The order of presentation may vary depending on the accounting software or system used, but the above order is the most common one.
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The Future Lab Program, which is a part of Sony's investment in R&D, embraces an approach to technological R&D that emphasizes an open creative environment and direct lines of communication with society, with the end goal being to co-create new lifestyles and customer value. Does Sony create significant customer value? Does Sony create new lifestyles?
Answer:
Sony's goal with Future Lab is to create customer value and new lifestyles, whether they are able to do so depends on how well they work it out. Future Labs is based on San Francisco, and it should serve as a place where innovative prototypes should be tested by real users. The goal is that Sony can learn from actual real life user experiences in order to improve their products and services. The real life customers and users that want to participate in Sony's program must pay a fee for doing so, but they can also experience prototypes before anyone else.
What is a disadvantage of buying on account?
O A. It requires partial payment at purchase.
• B. It is very complicated.
O C. It involves making a larger number of payments.
O D. It can become expensive.
company wants to determine its reorder point (R) Demand and lead time are variable and they want to build a safety stock into R. The company wants to have a service probability coverage of 95 percent. If average daily demand is 56, standard deviation of the demand is 6, average lead time is 4 days, and the standard deviation of usage during lead time is 2, which is the desired value of R
Therefore, the desired value of the reorder point (R) with a safety stock to achieve a service probability coverage of 95 percent is approximately 227 units. .
The reorder point (R) is the inventory level at which a new order should be placed to replenish stock. To calculate R with a safety stock, we need to consider the desired service probability coverage, which in this case is 95 percent.
The formula to calculate the reorder point with safety stock is:
R = (Average daily demand * Average lead time) + (Z * Standard deviation of usage during lead time)
Z represents the number of standard deviations from the mean needed to achieve the desired service probability coverage. For a 95 percent coverage, Z is approximately 1.645.
Given the provided data:
Average daily demand = 56
Standard deviation of demand = 6
Average lead time = 4 days
Standard deviation of usage during lead time = 2
Using the formula and substituting the values, we can calculate the desired value of R:
R = (56 * 4) + (1.645 * 2) = 224 + 3.29 ≈ 227.29
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
Please, show the flow chart diagram. Thanks
MARR=10%
N= 20 years
1. Flat Solar Panel Design
-A field of flat solar panels installed at the correct angle
to receive the sun would produce 2.6 megawatt
The decision to install a field of flat solar panels to generate 2.6 megawatts of power is recommended if the initial cost of the project is affordable, the annual operating cost is within budget, and the expected return on investment is acceptable.
Flowchart:
Start
↳ Is the initial cost of the project affordable?
Yes ↲
No ↳ End
↳ Is the annual operating cost within budget?
Yes ↲
No ↳ End
↳ Is the expected return on investment (ROI) acceptable?
Yes ↲
No ↳ End
↳ Install Solar Panels
End
The choice to deploy a field of flat solar panels to produce 2.6 megawatts of electricity is shown in this flowchart.
The project's initial cost is $85 million, and the first year's operating expenses are $2 million, rising by $200,000 per year.
This investment is predicted to return $7 million in the first year, followed by annual increases of 8% over the following 20 years.
The following is a list of the decision points:
1. Is the initial cost of the project affordable?
2. Is the annual operating cost within budget?
3. Is the expected return on investment (ROI) acceptable?
If all three questions are answered positively, the decision to install solar panels is advised.
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Complete Question:
Please, show the flow chart diagram. Thanks
MARR=10%
N= 20 years
Flat Solar Panel Design
-A field of flat solar panels installed at the correct angle to receive the sun would produce 2.6 megawatts of power. This would cost around $85 million initially and would have operating costs of $2 million the first year and these would increase by $200 thousand annually.
- This option will produce $7 million worth of electricity in the first year and would increase by 8% per year beginning in the second year.
Indicate what impact the following transactions would have on the accounting equation, Assets = Liabilities + Equity. Transaction impact table Impact 1 Impact 2 Paid monthly note payment to bank Sold inventory on account Bought supplies, to be paid for next month Received cash from sales this month Paid for inventory purchased on account last month
Answer:
The impact of the transactions on the accounting equation, Assets = Liabilities + Equity, is as follows:
Paid monthly note payment to bank:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Bank Loan) decreases
Sold inventory on account:
Impact 1: Assets (Accounts Receivable) increases
Impact 2: Equity (Revenue) increases
Bought supplies, to be paid for next month:
Impact 1: Assets (Supplies) increases
Impact 2: Liabilities (Accounts Payable) increases
Received cash from sales this month:
Impact 1: Assets (Cash) increases
Impact 2: Equity (Revenue) increases
Paid for inventory purchased on account last month:
Impact 1: Assets (Cash) decreases
Impact 2: Liabilities (Accounts Payable) decreases
It is important to note that for each transaction, one side of the equation must increase and the other side must decrease in order to keep the equation in balance.
Explanation: