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Simora [160]
2 years ago
13

Johnson Construction Company uses cost-plus pricing to determine costs and place bids on local jobs. The manager needs to comput

e the cost-plus price to place a bid on a community swimming pool, deck, and spa. The estimated cost associated with the new project is $225,000. The markup on the project cost is 40%. What is the cost-plus price required to bid on the new project?
Business
1 answer:
dangina [55]2 years ago
7 0

Answer:

Price= $315,000

Explanation:

Giving the following information:

The manager needs to compute the cost-plus price to place a bid on a community swimming pool, deck, and spa. The estimated cost associated with the new project is $225,000. The markup on the project cost is 40%.

Price= 225,000* 1.40= $315,000

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Jake has been asked to help test the business continuity plan at an offsite location while the system at the main location is sh
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Answer: a. True

Explanation: A parallel test invovles bringing the recovery site to a state of operational readiness, but maintaining operations at the primary site

8 0
2 years ago
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The county government released $100,000 as an appropriation for a counseling program for at-risk teenagers. The program should r
Kipish [7]

Answer:

Number of teenagers= 100 teenager

Explanation:

Giving the following information:

The county government released $100,000 as an appropriation for a counseling program for at-risk teenagers. The variable costs for the program are $400 per teenager per year. Within the relevant range of 50 to 150 teenagers, the fixed costs for the program are $60,000.

First, we need to deduct the fixed costs that remain don't affect directly the teenagers.

Budget= 100,000 - 60,000= 40,000

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Number of teenagers= 40,000/400= 100 teenagers

5 0
2 years ago
Sammy's Pizza had the following financial information for the year as follows ($ in millions):
daser333 [38]

Answer:

Net Cash flow from Investing activities -$1,900

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

Cash flow from Investing activities  

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All other transactions are related to the operating and financing activities. Hence ignored it

7 0
2 years ago
Which of the following is correct? An increase in the quantity of labor always leads to economic growth. Increased education add
pishuonlain [190]

Answer:

Increased education adds to the stock of human capital, not unlike building factories adds to the stock of physical capital.

Explanation:

Economic growth can be defined as a persistent increase in the real Gdp of a country overtime.

An increase in the quantity of labour doesn't always lead to economic growth.

An increase in the productivity of labor leads to economic growth.

Third world countries aren't usually rich in human capital. One of the measures of human capital is education. Education is usually deficient in third world countries.

Factors that lead to economic growth are :

1. Improvement in technology

2. Investment in physical capital.

3. Increased availability of natural resocurces.

4. Investment in human capital

I hope my answer helps you

5 0
2 years ago
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The supply of product x is elastic if the price of x rises by
garri49 [273]
The answer to this question is <span>5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market</span>
8 0
2 years ago
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