Answer:
correct option is C. it's a good time to buy the wood.
Explanation:
given data
slab = 10 feet
cost Tee Time = $5,000
$500 US dollars = $738 NZ dollars
solution
If they import timber from New Zealand. Tea Golf Resort pays less than $ 5000 to import Wood from New Zealand at the current exchange rate. This is a good time for them to import forests
we get here current exchange rate of 1 dollar that is as
US $500 = NZ $738
so $1 =
$1 = NZ $1.476
current exchange rate is $1 = NZ $1.476
so
10 foot slab costs $5000
so Tee Golf Resort will pay is
Tee Golf Resort pay =
Tee Golf Resort pay = $3387.53
so correct option is C. it's a good time to buy the wood.
Answer:
Marginal product is the addition to the number of goods produced when 1 worker is added to the workforce. In this case one worker will be added to the workforce if William is hired. When will is hired the bouquets per day increase from 20 to 35. This means that the addition to the number of bouquets is 15(35-20). So When William is hired the number of goods increase by 15 which means William's Marginal product is 15.
Explanation:
Answer:
I would purchase the share as he actual value is more than its current market price
Explanation:
expected dividend in perpetuity =present dividend *growth rate
present dividend is $5.25
growth rate is 8.5%
expected dividend =$5.25*(1+8.5%)
expected dividend=$5.70
in determining the actual value of the stock we the stock price formula below:
price=expected dividend/(expected return-growth rate)
price=$5.70/(15.5%-8.5%)
price=$81.43
In actual terms the stock should be selling for $81.43, hence a buy decision at $78.50 would be a welcoming as the stock is selling beyond its real worth.
Answer:
to maximize profit it will produce:
400 units of luxury
none of standard.
Explanation:
luxury:
20 lb of pastic and 9 min of labor and 40 dollars profit
standard:
30lb plastic 6 of labor and $15
We calculate the contribution per constrain resourse:
<u>labor hours</u>
40 / 9 = 4.44
15 / 6 = 2.5
<u>materials</u>
40/20 = 2
15 / 30 = 0.5
As luxury provides better contribution in both categories we will maximize his production.
60 hours x 60 min per hours = 3,600 min
3,600 / 9 min = 400 units of luxury steppers
12,600/20 = 630 units of luxury
Once we use the labor hours we cannot keep producing, so we maximize the profit at 400 units of luxury at the given scenario.
As there is no amounft left for standard we don't produce any