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shusha [124]
2 years ago
14

To save energy and money, Jackie Smith replaced the 150 Watt incandescent light bulb in her house with a 32 Watt CFL bulb. The e

xpected life of incandescent and CFL bulbs is 1000 and 8000 hours respectively. The purchase price of an incandescent bulb is $0.70 and for the CFL it is $5.71. The cost of electricity is 5 cents per kWh. What is her total savings over the life time of the CFL
Business
1 answer:
wlad13 [49]2 years ago
8 0

Answer:

total savings using CFL light bulbs = $47.09

Explanation:

We can compare the costs of 8,000 hours of lighting:

incandescent light  bulbs

  • you need 8 incandescent light bulbs to generate 8,000 hours of lighting = 8 x $0.70 = $5.60
  • they will consume a total of 150 watts x 8,000 hours = 1,200 kWh x $0.05 per kWh = $60
  • total cost = $5.60 + $60 = $65.60

CFL light bulbs

  • you need one CFL light bulb to generate 8,000 hours of lighting = $5.71
  • it will consume a total of 32 watts x 8,000 = 256 kWh x $0.05 = $12.80
  • total cost = $5.71 + $12.80 = $18.51

total savings = $18.51 - $65.60 = -$47.09

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Soffia Inc. manufactures a moisturizing soap with anti-ultraviolet properties, which is sold under the brand name DewMist. The c
Lerok [7]

Answer:

Multibranding strategy

Explanation:

Multibranding strategy can be defined as a type of strategy in which a company gives its product a different brand name. It involves a producer selling different brands under the same product segment.

In Multibranding strategy there is no space for other competitors in the market. This strategy also strengthens the influence of these various products in the market.

A Multibranding strategy can lead to a great loss if it is not properly handled by the management of the organisation.

8 0
2 years ago
Read 2 more answers
Suppose you have a two-stock portfolio consisting of Apple and Tesla stock. The portfolio weight of Apple is 25% and the rest is
iren [92.7K]

Answer:

Standard deviation = 47.69% (Approx)

Explanation:

Given:

Portfolio of Apple stock w1 = 25% = 0.25

Portfolio of Tesla stock w2 = 75% = 0.75

Standard deviation return Apple σ1 = 35% = 0.35

Standard deviation return Tesla σ2 = 60% = 0.60

Correlation coefficient ρ12 = 0.22

Find:

Standard deviation

Computation:

Standard deviation = √w1²σ1² + w2²σ2² + 2w1σ1w2σ2ρ12

Standard deviation = 0.4769

Standard deviation = 47.69% (Approx)

4 0
2 years ago
Consider the P/E ratios of the following companies: Company A: 7.4 Company B: 11.3 Company C: 14.8 Company D: 9.1 Among these fo
matrenka [14]

Answer:

highest relative value highest dollar

Explanation:

The price to earning ratio is a financial metric used to value a company. it compares the price of a stock to the earnings of the stock. the higher the metric is, the higher the valuation of the firm

price to earning ratio (P / E) = market value per share / earnings

The higher the P/E, the higher the relative value of the firm relative to other firms. This is because investors are confident about the prospects of growth of the firm and are willing to pay a higher price for the stock of the company

Types of P/E ratio

1. trailing p/e - it is calculated by dividing current share price by the earnings per share for the past 12 months

2. forward p/e - it is calculated by dividing current share price by the estimated per share earnings for the next 12 months

5 0
2 years ago
Yello Bus Lines uses the units-of-activity method in depreciating its buses. One bus was purchased on January 1, 2019, at a cost
Tcecarenko [31]

Answer:

The depreciation cost of the bus per unit is $ 1.4 which is purchased on January 1, 2019.

Explanation:

The depreciation cost per unit is computed as:

Depreciable asset = Cost - Salvage Value

                               = $205,860 - $7,900

                               = $197,960

Depreciation per unit = Depreciable asset /Useful life expected value

                                    = $197,960 / 141,400

                                    = $1.4

Therefore, the per unit cost is $1.4

8 0
2 years ago
Other data not yet recorded at December 31 include Insurance expired during the current year, $6. Wages payable, $4. Depreciatio
galina1969 [7]

Answer:

Using the adjusted balances, give the closing entry for the current year.

Explanation:

1  

Db Insurance expense  6000  

Cr Prepaid expenses           6000

 

2  

Db Wages payable 4000  

Cr Cash                                4000

 

3  

Db Depreciation expense 9000  

Cr Accumulate depreciation     9000

 

4  

Db Income tax expense 7000  

Cr Tax payable                      7000

3 0
2 years ago
Read 2 more answers
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