suppose that the firm aggie alfalfa has a hay field that they are willing to sell today. the net annual returns to the hay ield are expected to be $35,000 per year for the next 15 years. at the end of 15 years, it is expected that the land will sell for $25,000. calculate the market value of the orchard if the market rate of return on comparable investments is 14%.
Answers
If the market rate of return on comparable investments is 14%, the orchard's market worth is $3500.
What does "market value" mean?Market value, sometimes referred to as OMV or "open market valuation," is the cost that an asset would command on the open market or the estimation that the financial community makes of a specific equity or company.
Market value is the price at which a piece of property would sell in the open market, taking into account reasonable costs like brokers' fees. The price that a buyer is willing to pay on the open market.
Given,
25000 * 14%
=3500
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Related Questions
for which person would renting a home be a better option than getting a mortgage?
Answers
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
What are 10 things that makes a business a disruptor? (must have 10 reasons cannot be the same)
Answers
Some of the things that make a business a disruptor are:
Unstable expectationsIrregular business modelsInconsistenciesComplex business modelsComplex ecosystemsLack of job satisfactionWhat is a Business Disruptor?This refers to the factors that disrupt the normal flow of a business due to inconsistencies, etc.
Hence, we can see that based on the fact that for an effective business to run, it needs to have good vision and mission statements that are clear and easy to follow.
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1. Which of the following is INCORRECT?
Assets
Liabilities
Capital
$
$
$
i
ü.
18,270
9,340
15,160
12,230
5,290
3,120
6,380
1,390
12,980
6,220
7,780
10,840
111.
iv.
Answers
Answer:
HINDI KO PO GETPASYENSYA NA POKUNG SAAN UMAASA KAYO SASAGOT KO.
5. Which of the following is an example of budgeting?
A. Mike spends all of his money on comic books.
B. Robert sets aside a certain amount each month to afford a new basketball hoop.
C. Jeremy considers what he wants to do after high school.
D. Alan earns money by putting his money in a bank account.
Answers
Answer:
correct answer is B
Explanation:
Mike does not budget, because budgeting means actively spending less to save for something else, but mike spends all his money on comics.
Robert is budgeting so he can buy a new basketball hoop
Jeremy is thinking through a complex question that has nothing to do with money spending or saving
Alan doesn't make sense because the only money you get by banking your money is annual interest but i know he isn't budgeting.
Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item
Answers
Answer:
the market will have established a general value for that sort of item
Explanation:
If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of
So according to the given situation, the last option is correct
And, the rest of the options does not represent the given case
which of the following could receive payments for medical expenses, as covered under section ii of the businessowners coverage form?a person participating in an athletic eventb employees covered by a workers' compensation and employers liability policyc independent contractorsd volunteer workers
Answers
Employees covered by a workers' compensation and employers liability policy could receive payments for medical expenses under section II of the Businessowners Coverage form. Therefore, the correct answer is option B.
Workers' compensation provides benefits for employees who are injured or become ill as a result of their work. Medical expenses are typically covered under workers' compensation insurance, and the employers' liability insurance provides protection for the employer against lawsuits by the employee.
Person participating in an athletic event, independent contractors, and volunteer workers are generally not covered under workers' compensation insurance.
Independent contractors and volunteers are typically considered self-employed and responsible for their own medical expenses. Participants in athletic events may need to have their own medical insurance coverage or sign a waiver of liability to participate.
In summary, workers covered by a workers' compensation and employers liability policy could receive payments for medical expenses under section II of the Businessowners Coverage form. Therefore, the correct answer is option B.
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why do corpration and the us goverment sometimes need to get their hand on funds quickly
Answers
Corporations and the US government sometimes need to get their hands on funds quickly to cover unexpected expenses, fund growth initiatives, or respond to market conditions.
Corporations and the US government may need to access funds quickly for a variety of reasons. For corporations, unexpected expenses such as legal settlements, equipment repairs, or unexpected drops in revenue may require immediate funding. Additionally, corporations may seek quick funding to support growth initiatives such as mergers and acquisitions, product launches, or market expansion. In the case of the US government, unexpected events such as natural disasters, security threats, or economic downturns may require immediate funding to respond effectively.
Furthermore, government agencies may require quick access to funds to support ongoing operations, pay employees, and fund essential programs. Overall, quick access to funds is essential for both corporations and the US government to maintain financial stability, respond to unexpected events, and pursue growth opportunities.
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Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company encourages its employees to further their education by reimbursing them up to $7,500 per year for tuition and related expenses. Collier also recognizes employee achievements at an annual company picnic each June and a company holiday party each December. Talented employees are given promotions and added responsibilities. These policies suggest that management at Collier Chemicals is using the findings of
Answers
Answer:
Finding of Fredrick Herzberg to increase workers or employee motivation
Explanation:
Based on the information given Collier Chemicals is using the findings of Fredrick Herzberg to increase the workers or employees motivation, which is why Collier Chemical was doing the following for their workers:
1.By encouraging their employees to further their education by reimbursing them with the amount of $7,500 per year for tuition as wells other related expenses.
2.Collier chemical recognizes their employee achievements annually through picnic and company holiday .
3. The company as well gives Talented employees promotions and added responsibilities.
Therefore Fredrick Herzberg was very interested in workers or employee motivation as well as their job satisfaction which made him to conduct his research by asking a group of people about their good as well as their bad experiences at work in which he was surprised that the answer that the group of people gave him about their good experiences at works is very differently from the ones about their bad experiences at work which made him to develop his own theory about motivation at work by fully concentrating on the importance and significant of internal job factors as motivating forces for employees or workers which was designed by him to help increase job enrichment for employees or workers .
Which of the following partnerships that Enron created eventually lead to its demise?a)Chewcob)Cactusc)JEDId)Ironman
Answers
The partnership that ultimately led to Enron's demise was Chewco, which was established in 1997 to help the company transfer assets and liabilities off its balance sheet.
Chewco was structured as a complex web of offshore entities, which made it difficult for regulators and investors to understand the true nature of Enron's financial position. Furthermore, Enron's executives used Chewco to hide losses and inflate profits, which eventually led to the company's downfall in 2001.
The other partnerships listed (Cactus, Jedi, and Ironman) were also part of Enron's web of off-balance sheet entities, but they were not as significant as Chewco in terms of their impact on Enron's financial position.
In short, it was Chewco that was the straw that broke the camel's back and led to Enron's downfall.
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investments such as money market mutual funds offer what advantage to investors?
Answers
Investments such as money market mutual funds offer the advantage of providing stability and liquidity to investors.
Determine what are the advantage for investors?Money market mutual funds are investment vehicles that invest in short-term debt securities, such as Treasury bills and commercial paper. They are designed to provide investors with a low-risk option that offers stability and liquidity.
The advantage of money market mutual funds lies in their ability to preserve capital and provide easy access to funds. These funds typically maintain a stable net asset value (NAV) of $1 per share, ensuring that the investor's principal investment is protected. Additionally, they offer daily liquidity, allowing investors to buy or sell shares at any time.
The stability of money market mutual funds makes them an attractive choice for investors seeking to preserve capital while earning a modest return. The liquidity feature ensures that investors can readily access their funds when needed, making them suitable for short-term cash management or emergency savings.
Overall, money market mutual funds offer investors the advantage of stability and liquidity, making them a reliable option for preserving capital and maintaining easy access to funds.
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Which of the following statements
best describes retained earnings?
A Ownership shares possessed by owners
B. Profits not distributed to owners
C Dividends received by owners
Answers
You are going into business with 4 equal partners (not counting yourself). If in 6 years, the business is making a profit of $1,000,000, what is your share?.
Answers
Answer:
5p=1000000
p=1000000/5
p=200000
A job search should be treated like a full time job.
Please select the best answer from the choices provided
ОТ
OF
Answers
Answer:
The answer is True.
Explanation:
Got it correct on Edgen.
Answer:
true
Explanation:
You find a certain stock that had returns of 13 percent, −20 percent, 21 percent, and 12 percent for four of the last five years. The average return of the stock over this period was 9.3 percent.
Required:
a. What was the stock’s return for the missing year?
b. What is the standard deviation of the stock’s returns?
Answers
Answer: year 5 = 20.5
standard deviation =15.11
Explanation:
YEAR RETURNS
Year 1 13%
year 2 -20%
year 3 21 %
year 4 12%
year 5 ??
Average return = total returns 0f year 1 to 5/ number of year
year1 + year2 + year3 + year 4 + year 5)/5
9.3% = 13% +-20% + 21%+ 12% +y
9.3% x 5 =26% + y
46.5 -26 =y
y= 20.5= year 5
Standard deviation of the stock's retrurn = ( (x -average mean)2/5))^1/2
Yr x x-average mean x-average mean^2
Yr x x-9.3 (x-9.3)^2
1 13.00 3.7 13.69
2 - 20.00 29.3 858.49
3 21.00 11.7 136.89
4 12.00 2.7 7.29
5 20.50 11.2 125.44
Total 1,141.8
Standard deviation = ( (x -average mean)2/5))^1/2
=(1141.80/5 )^1/2
=228.36^1/2
=15.11
Answer:
Mean = 20.5%Standard Deviation = 16.90%Explanation:
Missing mean
9.3 = (13 +-20 + 21 + 12 + missing mean)/5
46.5 = 13 +-20 + 21 + 12 + missing mean
Missing mean = 46.5 - 13 + 20 - 21 -12
Missing mean = 20.5%
Standard deviation
Variance
Squared Deviations from mean = (( 0.13 - 0.093)² + (-0.20 - 0.093)² + (0.21 - 0.093)² + (0.12 - 0.093)² + ( 0.25 - 0.093)²) / ( 5- 1)
= 0.1142 / 4
= 0.02855
Standard deviation = √0.02855
= 16.90%
how does marmite use product differentiation
Answers
Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
What do you mean by the product differentiation?
The feature or features that set your product or service apart from the competition for your target market are known as product differentiation.
It improves brand loyalty, sales, and growth by highlighting the differences between what you sell and what your rivals provide. These comprise vertical differentiation, mixed differentiation, and horizontal differentiation.
In the financial situation of today, product differentiation is crucial. It enables the seller to highlight the distinctive qualities that make their product outstanding by drawing comparisons between their own product and those of the market's rival products.
Therefore, Marmite use product differentiation as viewed as having unique features, such as Marmite or the iPhone. It frequently referred to as a differentiator.
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XYZ Private Limited is considering purchasing a piece of machinery at $40,000. It will be depreciated over 4 years with no salvage value. The firm will adopt the straight-line depreciation method. The firm believes it can sell the machinery for $4,000 at the end of 4 years. The firm will require an increased investment in net working capital (NWC) of $30,000. The firm’s tax rate is 20%. Over the next four years, the firm’s projected revenues are $100,000 per year, while its projected costs are $90,000 per year. (a) Calculate the "Initial Investment" required. (b) What is the depreciation amount per year for the machinery? (c) Calculate the "Operating Cash Flows" (OCF) over the next four years. (d) What is the "Gain on Sale" for the sale of the machinery at the end of four years? (e) Calculate the "Terminal Cash Flow". (f) Assuming a discount rate of 5%, find the Net Present Value (NPV) of this project. Should the firm accept or reject the project? Why?
Answers
The actual cost of the Net Present Value (NPV) of this undertaking, using a reduction charge of 5%, is about $18,030.90. Since the NPV is positive, it suggests that the project is anticipated to generate a high-quality go-back and is financially viable. Therefore, the firm has to don't forget to accept the mission.
(a) To calculate the Initial Investment, we want to remember the cost of the equipment and the growth in net running capital.
Cost of machinery: $40,000
Increase in Internet working capital: $30,000
Initial Investment = Cost of machinery + Increase in Internet working capital
Initial Investment = $40,000 + $30,000
Initial Investment = $70,000
Therefore, the Initial Investment required for this project is $70,000.
(b) The machinery might be depreciated over four years with the usage of the instantly-line depreciation technique, without a salvage price.
Depreciation amount in step with year = Cost of machinery / Useful life
Depreciation amount consistent with 12 months = $40,000 / 4
Depreciation amount per 12 months = $10,000
The depreciation quantity in line with yr for the machinery is $10,000.
(c) To calculate the Operating Cash Flows (OCF), we want to recollect the projected sales, projected costs, and depreciation.
Year 1:
OCF = (Projected Revenues - Projected Costs + Depreciation) * (1 - Tax Rate)
OCF = ($100,000 - $90,000 + $10,000) * (1 - 0.20)
OCF = $20,000
Years 2, 3, and 4:
OCF = (Projected Revenues - Projected Costs + Depreciation) * (1 - Tax Rate)
OCF = ($100,000 - $90,000 + $10,000) * (1 - 0.20)
OCF = $20,000
The Operating Cash Flows (OCF) over the following four years are $20,000 for every 12 months.
(d) The Gain on Sale is the distinction between the sale price of the equipment and its e-book price at the give-up of 4 years.
Book price = Cost of equipment - Depreciation * Number of years
Book fee = $40,000 - $10,000 * 4
Book price = $0
Gain on Sale = Sale price - Book value
Gain on Sale = $4,000 - $0
Gain on Sale = $4,000
The Gain on Sale for the sale of the machinery at the end of 4 years is $4,000.
(e) The Terminal Cash Flow is the sum of the Gain on Sale and the net working capital healing.
Terminal Cash Flow = Gain on Sale + Net working capital recuperation
Terminal Cash Flow = $4,000 + $30,000
Terminal Cash Flow = $34,000
The Terminal Cash Flow is $34,000.
(f) To calculate the Net Present Value (NPV) of the task, we need to discount the coin flows and subtract the Initial Investment.
Using a discount charge of 5%, allow's calculate the NPV:
Year 0:
Initial Investment: -$70,000
Years 1-4:
Discounted OCF = OCF / (1 + Discount Rate)\(^(Year)\)
Discounted OCF = $20,000 / (1 + 0.05)\(^(Year)\)
Terminal Cash Flow:
Discounted Terminal Cash Flow = Terminal Cash Flow / (1 + Discount Rate\()^4\)
Now, allows calculating the NPV:
NPV = Discounted OCF Year 1 + Discounted OCF Year 2 + Discounted OCF Year three + Discounted OCF Year four + Discounted Terminal Cash Flow - Initial Investment
NPV =\($20,000 / (1 + 0.05) + $20,000 / (1 + 0.05)^2 + $20,000 / (1 + 0.05)^3 + $20,000 / (1 + 0.05)^4 + $34,000 / (1 + 0.05)^4 - $70,000\)
NPV ≈ $18,030.90
The actual value of the Net Present Value (NPV) of this venture, the use of a discount price of 5%, is approximately $18,030.90. Since the NPV is fine, it shows that the undertaking is predicted to generate an effective go-back and is financially viable. Therefore, the corporation should bear in mind accepting the mission.
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if the company uses the first-in, first-out (fifo) method and the periodic inventory system, what would be the cost of the ending inventory?.
Answers
The Cost of ending inventory = $10,180.
What is FIFO?FIFO means first-in-first-out. It means units purchased first and sold first. The cost of ending inventory is the cost of units purchased recently.
To calculate inventory in FIFO, you need to follow these steps:
Determine the cost of the oldest units in inventory: This is the cost of the first items purchased that are still in inventory.
Determine the cost of the newest units purchased: This is the cost of the most recent items purchased that are still in inventory.
Multiply the number of units in inventory by the cost of the oldest units: This will give you the cost of the inventory that was purchased first.
Multiply the remaining units in inventory by the cost of the newest units: This will give you the cost of the inventory that was purchased most recently.
Add the two costs calculated in steps 3 and 4 to get the total cost of inventory in FIFO.
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What could be an industry I could choose because I’m really confused with this whole thing !!! Please help (this is photography but I put business)
Answers
what is centralization in business ?
Answers
eBook Show Me How FIFO and LIFO Costs Under Perpetual Inventory System The following units of an item were available for sale during the year: Beginning inventory 47 units at 147 Sale 37 units at $68 First purchase 35 units at $48 Sale 31 units at 169 Second purchase 28 units at $51 Sale 25 units at $71 The firm uses the perpetual inventory system, and there are 17 units of the item on hand at the end of the year a. What is the total cost of the ending inventory according to FIFO? b. What is the total cost of the ending inventory according to LIFO?
Answers
Answer:
According to both FIFO and LIFO, the total cost of the ending inventory is -$2,621, indicating a loss.
Explanation:
a. According to FIFO (First-In, First-Out), the assumption is that the first units purchased are the first ones sold, leaving the most recent purchases in the ending inventory.
To calculate the total cost of the ending inventory using FIFO, we need to determine the cost of the remaining 17 units.
Calculating the cost of units sold:
37 units at $68 = $2,516
31 units at $169 = $5,239
25 units at $71 = $1,775
Therefore, the cost of units sold under FIFO is $2,516 + $5,239 + $1,775 = $9,530.
Subtracting the cost of units sold from the cost of available units:
Total cost of available units = (47 units at $147) + (35 units at $48) + (28 units at $51) = $6,909
Total cost of the ending inventory according to FIFO = $6,909 - $9,530 = -$2,621 (negative value indicates a loss)
b. According to LIFO (Last-In, First-Out), the assumption is that the most recent purchases are the first ones sold, leaving the earliest purchases in the ending inventory.
Calculating the cost of units sold:
25 units at $71 = $1,775
31 units at $169 = $5,239
37 units at $68 = $2,516
Therefore, the cost of units sold under LIFO is $1,775 + $5,239 + $2,516 = $9,530.
Subtracting the cost of units sold from the cost of available units:
Total cost of available units = (47 units at $147) + (35 units at $48) + (28 units at $51) = $6,909
Total cost of the ending inventory according to LIFO = $6,909 - $9,530 = -$2,621 (negative value indicates a loss)
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A firm sells its product in outlets all around the country. Having an efficient supply chain is critical if the firm wishes to _______.
Answers
Answer:
Deliver Value
Explanation:
A firm sells its product in outlets all around the country. Having an efficient supply chain is critical if the firm wishes to _deliver value_.
On july 1, 2024, charlie company paid $18,000 to rent-an-office for rent covering 18 months from july 2024 through december 2025. what adjusting entry should charlie company record on december 31, 2024?
Answers
Charlie Co. paid $18,000 to Rent-An Office for rent covering 18 months from July 2021 through December 2022. The adjusting entry will be debit rent and credit prepaid expense by $6,000.
The adjustment entry will be:
Rent Expense Dr. 6000
To prepaid expense 6000
2021 Rent Expense = ($18,000/18 months) × 6 months = $6,000.
The cost incurred by a business to use a property or location for an office, retail space, factory, or storage space is referred to as rent expense. Rent expense, as opposed to variable expense, is a type of fixed operating cost or absorption cost for a business.
Rental costs are frequently subject to a one- or two-year contract between the lessor and lessee, with renewal options. Rent can be a significant portion of operating expenses or a minor one, depending on the type of business.
Rent is one of the main operating expenses for retail businesses that do not own their own property, along with employee wages and marketing and advertising costs.
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Kristina is tempted to get a credit card now that she is in college. What is one fiscally responsible reason for Kristina to get a credit card? A. She will be able to buy whatever she wants. B. She won’t have to carry cash everywhere. C. Price will no longer need to be considered when she makes purchases. D. She will receive a free tee-shirt when she opens the account.
Answers
Answer:
B because it is the only one except for d that cant be done using cash and d is just not it
Explanation:
Answer:
it would be B
Explanation: because you can definitely rule out D, C is definitely not it because you should still consider pricing with whatever you buy. With A it isn't a good reason because you may not have a lot of money on your card.
What are the five C's of the marketing mix
Answers
The 5Cs in the marketing mix are Company, Collaborators, Customers, Competitors, and Context.
What is a Marketing mix?The marketing mix is the collection of activities, or tactics, that a business employs to market its brand or merchandise.
A marketing framework called the 5C Analysis is used to examine the environment in which a company operates.
Along with risk exposure to various environmental factors, it can shed light on the main success factors. The 5Cs are Company, Collaborators, Customers, Competitors, and Context.
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Everybody should leave this app and go to question cove. You do not need any points to ask questions and you get correct answers in as little as 30 seconds. Not to mention you can easily message somebody without any problems.
Answers
Answer:
what happened to karlie
Explanation:
What is one issue a business can wncounter if its keeps an asset beyond its useful life
Answers
Answer:
One issue a business can encounter if its keeps an asset beyond its useful life is the eventual impairment of the business production as a result of the use of a defective equipment or asset, that is, not suitable for economic production because it has already fulfilled its utility cycle.
Thus, for example, if a company continues to use old or obsolete machinery, it runs the risk that said machinery will cause damage or a decrease in the quality of the products.
Describe entrepreneurship. How is it different than working for someone else?
How does entrepreneurship affect you? How does it affect the economy?
Answers
It is the study of process involved in identifying a business opportunity and acquiring the necessary resources to start and run the business
~It has created employment
~It has reduced rural-urban migration since some businesses have been set up in Rural areas.
~Saving imports since goods can be locally produced reducing the cost of importing them
~It has raised people's standard of living since one can acquire goods he/she can't produce
~The government can earn there revenue from taxation of the businesses set up by the entrepreneurs
The entrepreneur is the person involved in entrepreneurship.He/she can be the employer of his/her business.Thats what makes it different from being employed/working for someone else.We can say Bill Gates is an entrepreneur since he started Microsoft
Why is it important to include industry terminology in a résumé and where can you find industry terminology?
Answers
Answer:
Including industry terminology will show you are "current" with the profession and know what the trends are at this time.
Explanation:
Answer: Including industry terminology will show you are “current” with the profession and know what the trends are at this time. To determine industry terminology, perform an Internet search of the job title or profession and see what terms occur frequently. If you are unsure of some terms, look them up. Some companies have their own “lingo”. Explanation:
Bridgeport Electronics is a small facility that distributes integral circuits throughout the Northeastern United States. It has seen an increase in orders reçently due to the collapse of its biggest competitor. The
management team is trying to decide on a more efficient workflow order to keep up with the demand. The customers have not designated due-dates, and fortunately, Bridgeport Electronics does not have
to pay any inventory holding costs. The only issue at this point is that there has been a delay in producing circuit boards because a buffer behind one of its smaller machines has been filling up. What
scheduling system should Bridgeport Electronics utilize to improve this process?
For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
Answers
To improve the process of circuit board production and address the delay caused by a filling buffer, Bridgeport Electronics should consider implementing a scheduling system called "Just-In-Time" (JIT).
Bridgeport Electronics, facing an increase in orders and a buffer delay in circuit board production, can benefit from implementing a scheduling system called Just-In-Time (JIT). JIT is a lean manufacturing approach that focuses on producing items in the precise quantities and at the exact time they are needed. This approach helps minimize inventory levels, reduce waste, and optimize workflow efficiency.
By adopting JIT, Bridgeport Electronics can address the issue of the filling buffer behind one of its smaller machines. JIT scheduling ensures that circuit boards are produced only when there is demand for them, eliminating the need for large buffer sizes. This approach allows for a more efficient use of resources and helps maintain a smooth production flow, reducing delays and minimizing the impact of buffer filling.
Implementing JIT scheduling can also help Bridgeport Electronics meet customer demands effectively. With JIT, the company can align its production with customer orders, ensuring that circuit boards are available as needed. This approach eliminates the need for customers to designate due-dates, as the production process is synchronized with demand. By optimizing production and reducing delays, Bridgeport Electronics can enhance customer satisfaction and maintain a competitive edge.
Hence, Bridgeport Electronics should utilize a Just-In-Time (JIT) scheduling system to improve its circuit board production process. JIT will help minimize buffer sizes, optimize workflow efficiency, and ensure circuit boards are produced in response to customer demand, addressing the current delay and meeting customer requirements effectively.
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а
Selecting a job based on your skills and interests is important, because on average, a person with a full time job works
approximately hours each year.
1200
b 1600
2000
d. 2400
C
Please select the best answer from the choices provided
A
B
ОС
OD
Answers
Answer:
2,000
Explanation:
On average, a person who have a full time job works will work approximately 2,000 hours each year reason been that we have 5 working days in a week and standard working hours in a weeks is 40 hours (5days×8hours daily) which means 8 hours daily , secondly we have 52 weeks in a year, now assuming that person takes 2 weeks off each year for his or her vacation we would have 50 weeks left (52 weeks-2 weeks vacation) which means that the person would be working 50 weeks of the year multiply by 40 hours a week which will give us a total of 2,000 hours each year.
40 work hours weekly× 50 weeks yearly
=2,000 hours of work each year
Therefore on average, a person with a full time job works approximately 2,000 hours each year.
Answer:
C. 2000
Explanation: