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Nataly_w [17]
2 years ago
7

Assess the benefits and drawbacks of the high-speed rail project. In your opinion, do benefits outweigh drawbacks, or vice versa

? Why? Justify your answer. What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now? Could you justify the California high-speed rail project from the perspective of a massive public works initiative? In other words, what other factors enter into the decision of whether to pursue a high-speed rail project? Why are they important?
Business
1 answer:
Andrews [41]2 years ago
7 0

Answer:

The benefits of a High Speed Rail in California:

  • It becomes a feasible alternative to air travel, because it can be either cheaper, or even faster, since passengers do not have to spend as much time on a train station as they do on an airport.
  • If demand is high enough, state highways can become less congested, because many people who would otherwise travel by car, would take a high speed train instead.
  • Because the trains are electric, they are likely to help reduce pollution.

The cons would be:

  • We cannot know for sure how many people would take the high speed trains. Demand could not be high enough to justify the cost.
  • The line would be very costly.
  • It could end up benefit only a small section of the population who would take the trains, or who travel often.

I believe that the benefits outweigh the drawbacks, as can be seen in most countries where high speed lines have been made between large cities. For example, in Spain, the line between Madrid and Barcelona is profitable. The same would likely happen for a line between Los Angeles and San Francisco.

What are the implications of starting a project based on tenuous projections that may or may not come true 10 years from now?

If demand projections are tenous, there is always the possiblity that the high speed line could not be profitable. However, this risk can be lowered if the line is made between highly populated cities.

Could you justify the California high-speed rail project from the perspective of a massive public works initiative?

Yes, a high speed rail would be a project that could massively impact California. The benefits of its operation could outweight the cost.

In other words, what other factors enter into the decision of whether to pursue a high-speed rail project?

As I said before, the most important factor is to construct line between highly populated cities in order to reduce the risk of not having enough demand. It has been demonstrated around the world, in Spain, in Italy, in Japan, in China, that high speed lines that connect very populated regions, can be profitable.

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8 0
2 years ago
Lei Corporation has bonds on the market with 22.5 years to maturity, a YTM of 6.9 percent, a par value of $1,000, and a current
vladimir2022 [97]

Answer:

7.4%

Explanation:

Coupon rate=coupon payment/face value

The coupon payment can be ascertained using the pmt Excel function as stated below:

=pmt(rate,nper,-pv,fv)

rate is the yield to maturity expressed in semiannual terms i.e 6.9%*6/12=3.45%

nper is the number of semiannual coupons the bond would pay over its 22.5 years i.e 22.5*2=45 payments

pv is the current price of $1057

fv is the face value of $1000

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annual coupon=$37*2=$74

coupon rate=$74/$1000=7.4%

4 0
2 years ago
Alex invested $30,000 in cash in his business. How will this entry be posted in the ledger accounts? (You may select more than o
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Answer:

1) The $30,000 will be posted to the debit side of the Cash account.

2) The $30,000 will be posted to the credit side of the Common Stock account.

Explanation:

3 0
2 years ago
A review of the personal selling process indicates that selling is:
MArishka [77]

Answer:

d. a matter of establishing relationships.

Explanation:

Selling involves creating a relationship with the prospect.

The sales relationship has the short-term value you get from the customer.

There is also the long-term life-time value of the customer to be considered.

Sales based on referrals are the easiest to obtain and give best value.

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Management anticipates fixed costs of $74,300 and variable costs equal to 34% of sales. What will pretax income equal if sales a
Temka [501]

Answer:

pretax income is $152080

Explanation:

given data

fixed costs = $74300

variable costs = 34%

sales = $343000

to find out

pretax income

solution

we know that pretax income formula is

pretax income = sales - variable costs -  fixed costs

put all these value

pretax income = 343000 - 34% of 343000 -  74300

pretax income = 343000 - 116620 -  74300

pretax income = 152080

so pretax income is $152080

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