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2 years ago

Getting a college degree is a good idea because _____.

Business

2 answers:

Rus_ich [418]2 years ago

7 0

The answer to your question is D.

Aliun [14]2 years ago

5 0

B. because having a degree could help you with money

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Country Breads uses specialized ovens to bake its bread. One oven costs $249,000 and lasts about 15 years before it needs to be

Svetradugi [14.3K]

Answer:

The equivalent annual cost of an oven is $(A) -$74.839.43$

Explanation:

Known Data

Operating cost= $OC=\$34,300$ , $n=15, VP=\$249,000$ and $i=14\%$

Computing total cost per year

We are going to use the formula below with the known data.

$A=\frac{VP}{\frac{1-(1+i)^{-n}}{i} } =\frac{249000}{\frac{1-(1+0.14)^{-15}}{0.14} }=40539.43$ . Then this is the fixed amortization cost per year.

Finally, we sum the fixed amortization cost per year and the operating cost:

Total cost per year= $TCPY=A+OC=\$40,539.43+\$34,300=\$74,839.43$ , therefore the answer is $(A) -$74.839.43$

3 0

2 years ago

On January 1, 20Y8, Crabb & Co. sold land to ASP, Inc. and accepted a two-year, $500,000 face value note as payment. 6% inte

jeka94

Answer:

1. Discount

2. $449,298.47

3. $369,298.47 gain

4. land reduces by $80,000, investment increases by $449,298.47, reserves increases by $369,298.47

Explanation:

Question 1

Using the formula below

$Price=\frac{I_{1}}{1+r} +\frac{I_{2}+F}{(1+r)^{2}}$

where

I = interest rate, which is 6% of 500,000 = 30,000

F = Face value, 500,000

r = borrowing cost = 12%

Therefore, the price of the note at the time it was used for payment was

$Price=\frac{30,000}{1.12} +\frac{30,000+500,000}{(1.12)^{2}}$

= $449,298.47.

As the price is lower than the face value of the note, the note was issued at a discount.

Question 2

The fair market value of the note is $449,298.47, the compute price in question 1.

Question 3

The gain/loss on the sale of the land

= sale price - purchase price

= $449,298.47 - 80,000

= $369,298.47.

Question 4

The transaction would affect Crabb & Co's balance sheet as follows.

Asset side:

land reduces by $80,000

investment increases by $449,298.47

Equity & liabilities side:

reserves increases by $369,298.47

3 0

2 years ago

In evaluating colleges, students and parents are likely to judge a school: a. strictly on the basis of major curriculums offered

fiasKO [112]

Answer:

The answer is a) strictly on the basis of major curriculums offered

Explanation:

Thanks to the curriculum, teachers can instruct their students following a clear script. A good and elaborate curriculum must have fairly defined and clear parts. Its importance lies in the fact that with this plan they can attract more or less students. Thanks to the curriculum, parents and students can observe what kind of knowledge is prioritized in that center, as well as the basis for their education.

7 0

2 years ago

In which countries do people prefer discussing business during meals?

Masteriza [31]

Answer:

china

Explanation:

if your traveling to china on business do not discuss business during meals .

6 0

2 years ago

Read 2 more answers

Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in

77julia77 [94]

Answer:

$1000

$1010

Explanation:

The formula for determining simple interest = principal x time x interest rate

The formula for determining compound interest = future value - amount invested

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

1000 X 0.01 X 1 = $10

Given the figures in the question, the simple interest each year would be $10 based on $1000

But the compound interest in year 2 = 1000 x (1.01)^2 = 1020.10

1020.10 - 1000 = 20.1

compound interest in year 2 = 20.1 - 10 = 10.1

1010 x 0.01 x 1 = 10.1

7 0

2 years ago