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2 years ago

What was your greatest success in using logic to solve a problem at work?

1 answer:

6 0

The greatest success in using logic to solve at work is that it allows a person to be able to analyze the situation well as you try to use your logical thinking in order to analyze problems and situations. It is a way of having a person to use methods of which will help an individual have choices that are dealt with in having problems to be solve and which are the most appropriate.

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Three mutually exclusive design alternatives are being considered. The estimated sales and cost data for A B C Investment cost $

forsale [732]

Answer:

Alternative B has a higher annual worth

Explanation:

project A B C

initial outlay $30,000 $60,000 $50,000

units sold 15,000 20,000 18,000

selling price $3.50 $4.40 $4.10

var. costs $1 $1.40 $1.15

fixed expenses $15,000 $30,000 $26,000

salvage value $0 $20,000 $15,000

useful life 10 years 10 years 10 years

contribution $2.50 $3 $2.95

margin per unit

NCF 1 - 9 $22,500 $30,000 $27,100

NCF 10 $22,500 $50,000 $42,100

annual worth A = [-$30,000 x .2385 (A/P, 20%, 10 years)] + $22,500 = $15,345

annual worth B = [-$60,000 x .2385 (A/P, 20%, 10 years)] + $30,000 + [$20,000 x .0385 (A/F, 20%, 10 years) = $16,460

annual worth C = [-$50,000 x .2385 (A/P, 20%, 10 years)] + $26,000 + [$15,000 x .0385 (A/F, 20%, 10 years) = $14,652.50

6 0

2 years ago

Thrifty Co. reported net income of $573,650 for its fiscal year ended January 31, 2020. At the beginning of that fiscal year, 10

Xelga [282]

Answer:

a. The basic earnings per share of common stock for year ended January 31, 2020 is $3.56 per share

b. If Thrifty Co.’s preferred stock were convertible into common stock, it would be required to calculate Dluted EPS.

Explanation:

a. In order to calculate the BEPS we would have to use the following formula:

BEPS = Net income available to common stockholders / Weighted Avg. no. of common stock

Net income available to common stockholders=$573,650

Weighted Avg. no. of common stock = 100,000 + (30,000 x 3/12)

Weighted Avg. no. of common stock = 107,500

BEPS = Net income available to common stockholders / Weighted Avg. no. of common stock

BEPS = $573,650 / 107,500

BEPS= $3.56 per share

b. If Thrifty Co.’s preferred stock were convertible into common stock, it would be required to calculate Dluted EPS.

5 0

2 years ago

A commuter bus company uses two measures of activity, routes and commuters, in the cost formulas in its budgets and performance

erastovalidia [21]

Answer:

B. $12,040 Favorable

Explanation:

We will need to calculate first the budgeted cost for bus operating costs in November, which is given by;

C = $56,880 + $2,884* F + $14* N

Where;

F = expected number of routes in the month

N = expected number of commuters in the month

From the passage, the company expected its activity in November to be 89 routes and 256 commuters; we were also informed that the budget for the bus operating costs have been prepared before the actual costs are known.

Therefore, the budgeted cost for bus operating costs in November would be ;

= $56,880 + $2,884 × 89 + $14 × 256

= $56,880 + $256,676 + $3,584

= $317,140

The spending variance for bus operating costs in November would be;

= The actual cost for bus operating costs in November - The Budgeted cost for bus operating costs in November

= $305,100 - $317,140

= $12,040 F

8 0

2 years ago

Your buddy Amanda wants your advice. She presents you with the utility schedule above and wants to know how many units of Produc

Vilka [71]

Answer:

Answer for the question:

Your buddy Amanda wants your advice. She presents you with the utility schedule above and wants to know how many units of Product B she should purchase to maximize her utility. She tells you the price of Product A is $6 and the price of Product B is $10. Amanda informs you she only wants to spend $48. How many units of Product B do you tell Amanda to purchase?

is given in the attachment.

Explanation:

8 0

2 years ago

Bill O’Brien would like to take his wife, Mary, on a trip three years from now to Europe to celebrate their 40th anniversary. He

Margaret [11]

Answer:

Bill must earn at 4.89% interest rate

Explanation:

The rate that Bill must earn on the $26,000 in order to be able to accumulate $30,000 in three years' time is computed below using the future value formula:

FV=PV*(1+r)^N

FV is the future value of $30,000

PV is the principal to be invested today of $26,000

N is the duration of the investment of 3 years

r is the unknown

30,000=26000*(1+r)^3

divide both sides by 26,000

30000/26000=(1+r)^3

divide the index on both sides by 3

(30000/26000)^(1/3)=1+r

r=(30000/26000)^(1/3)-1

r=1.048856246 -1

r=0.048856246

r=4.89%

6 0

2 years ago