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notsponge [240]
2 years ago
10

Every year you pay your neighbor $150 to clean the gutters at your house. You are pretty good friends so you know that your neig

hbor will never increase the price on you. You saw an ad on late night TV for a new product--GutterSnipe--which sits in the gutters and prevents leaves getting in. Your interest rate is 8% and you plan on being in the house another 5 years. You assume that any potential buyer won't be interested/notice that you have installed GutterSnipe on your house. What is the most you would be willing to pay to buy GutterSnipe for your house? $499 $399 $750 $599
Business
1 answer:
Juliette [100K]2 years ago
8 0

Answer:

$599

Explanation:

The maximum willingness to pay for the Gutter Snipe is the present value of annual payment made to the neighbor.

Annual Payment = $150  

Time = 5 Years

Rate = 0.08

Present Value of Annuity = P*[1 - (1 + r)^-n / r]

                                          = 150*[1 - (1 + 0.08)^-5 /0.08]

                                          = $599

Therefore, The most you would be willing to pay to buy GutterSnipe for your house is $599.

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Three years ago, law school admits deciding whether or not to attend the schools they were admitted to typically underestimated
____ [38]

Answer:

Answer) 1)The lower supply of lawyers will lead to high salaries, and current law school admits will be more likely to decide to attend

Explanation:

Simple demand and supply logic can be used to reflect that as the supply of lawyers is lower, price (salaries of lawyers) will be higher and it will force the students to join law classes for higher salaries after completion of the programme.

3 0
2 years ago
Joy is a supervisor over Elias. She repeatedly solicits sexual behavior from Elias and does other inappropriate actions that a r
SVEN [57.7K]

Answer: C) guilty of hostile work environment sexual harassment.

Explanation: A hostile work environment is a work environment where one or more persons act in such a way to offend or provoke anger in other persons. The activities of Joy towards Elias is hostile as it is against the will of Elias.

Sexual harassment is a term used to describe any action taken to solicit for sex,sexual behaviour or touch the private parts of others in embarrassing manner. THE ACTIVITIES OF JOY MAKING HER TO SOLICIT SEXUAL BEHAVIOUR FROM ELIAS IS A SEXUAL HARASSMENT AND WHEN PROVEN IN THE COURTS SHE SHALL BE FOUND GUILTY.

3 0
2 years ago
Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of busin
EleoNora [17]

Answer:

Option (b) is correct.

Explanation:

Given that,

Budgeted sales in September = $260,000

Budgeted sales in October = $375,000

Budgeted sales in November = $400,000

Percent of merchandise sells for cash = 30%

Percent of merchandise sells on account = 70%

Out of the credit sales,

80% are expected to be collected in the month of the sale.

20% in the month following the sale.

Therefore, the cash collections in September from accounts receivable will include only 80% of the credit sales in September as Nuthatch corporations starts its operation on September 1, hence there will be no sales in August.

Cash Collections From Accounts Receivables;

= 80% of the credit sales in September

= 0.8 × (70% × $260,000)

= 0.8 × $182,000

= $145,600

5 0
2 years ago
Noreen is extremely happy to be working at QBiz. They are a socially conscious, community-focused company. Noreen knows that her
EastWind [94]

Answer:

B. Meaning

Explanation:

Given that Noreen goals are in line with the manager, team and employer, it means Noreen has meaning in relation to her company. Meaning in relation, shows the degree to which one entity is related to another entity. Here, Noreen goals for herself and a "probable work place " matches and aligns with the goals of every worker in the company including are employer.

4 0
2 years ago
Which of the following is true while making a capital investment decision?
True [87]

Answer:

b. A manager should assess the risk of the project.

Explanation:

While making a capital investment decision, a firm shall properly evaluate the capital investments , for this the manager shall access the following:

  • Required return on investment by the firm.
  • Risk associated with the project.
  • Cash flows arising from the investment.
  • Timing of the cash flows for discounting them into present value.
  • Cost associated with the project.

Therefore, correct option is :

b. A manager should assess the risk of the project.

6 0
2 years ago
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