All categories

2 years ago

Which of the following is a start-up expense for Maria's food truck?

1 answer:

6 0

Even though you didn't list any options, your first expense is to do repairs on inside equipment to follow your state's code for starting a business. make sure everything works correctly, then licencing,...

You might be interested in

GM was losing large sums of money selling the ____ despite the fact that the car obtained many accolades from auto industry maga

KengaRu [80]

Answer:

The correct answer is letter "B": Volt.

Explanation:

General Motors (GM) discontinued the production of the Chevrolet Volt in November 2019 because the vehicle was not meeting sales targets. Since 2016 the unit sales started to decrease reaching around 5,000 units only in 2019 representing almost 60% less than the previous year.

Even if the hybrid vehicle is considered "good" for average drivers, it never reached the expected sales level.

3 0

2 years ago

River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow

Tasya [4]

Answer:

10.34

Explanation:

This question refers to Dividend Growth Rate with respect to Stock valuation

The model estimates the dividends over a defined period based on an assumed growth rate to determine the future value of the stock.

The formular to calculating the expected value is as follows

$\frac{Dividend Amount(1+Rate)^{Years} }{Expected Return - Rate}$

Please note:

Expected return and Rate are expressed in percentage i.e divided by 100.

Fitting into the formular:

$\frac{1.15(1+0.0075)^{5} }{0.123 - 0.0075}$

The resulting answer = 10.34

6 0

2 years ago

The number of taxicabs in Motorville and the taxicab fares are regulated. The fare currently charged is Rs.500 a ride. Motorvill

larisa86 [58]

Answer:

The answer is below

Explanation:

i) The price elasticity of demand is given by the formula:

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{40-80}{(40+80)/2} }{\frac{600-500}{(600+500)/2} }=\frac{-2/3}{2/11} =3.667 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

ii) Since the price elasticity of demand is elastic as a result of increase in fare, hence the total revenue would decrease.

iii)

$Price \ elasticity\ of \ demand=\frac{\Delta Q}{\Delta P} =\frac{\frac{Q_2-Q_1}{(Q_2+Q_1)/2} }{\frac{P_2-P_1}{(P_2+P_1)/2} } \\\\Price \ elasticity\ of \ demand=\frac{\frac{120-80}{(120+80)/2} }{\frac{400-500}{(400+500)/2} }=\frac{0.4}{-2/9} =1.8 (ignore \ the\ sign)$

Since the price elasticity of demand is greater than 1 hence it is elastic

4 0

2 years ago

A delivery service is buying 600 tires for its fleet of vehicles. One supplier offers to supply the tires for $ 80 per tire, pa

nignag [31]

Answer:

$4,372.71

Explanation:

Here for reaching the difference in PV between the first and the second offer first we need to follow some steps which is shown below:-

Step 1

Total payment due = Per tire × Bought tires

= $80 × 600

= $48,000

Step 2

Present value factor of 8.4% for 1 year = 1 ÷ (1 + Rate of interest)^Number of years

= 1 ÷ (1 + 8.4%)^1

= 1 ÷ (1 + 0.084)^1

= 1 ÷ 1.084

= 0.92251

Step 3

First offer

Present value = Total payment due × Present value factor of 8.4% for 1 year

= $48,000 × 0.92251

= $44,280.48

Step 4

Second offer

One year payment = Bought tires × Per tire

= 600 × $45

= $27,000

Step 5

Present value = One year payment × Present value factor of 8.4% for 1 year

= 27,000 × 0.92251

= $24,907.77

Step 6

Total present value = Present value of second offer + Tires cost

= $24,907.77 + $15,000

= $39,907.77

Here we can see that first offer is higher than second offer

So,

The difference between the first and the second offer = First offer - Second offer

= $44,280.48 - $39,907.77

= $4,372.71

7 0

2 years ago

Danielle has a blog with her website and wants to evaluate the engagement of her readers. Her blog posts usually take at least 4

Ber [7]

I have a tought that is destination because it goes on so

7 0

2 years ago