Answer:
The company was rated five stars more by men
Explanation:
Expressing the survey results as percentages
1. <u>Overall population </u>
=67 out of 350
=67/350x100= 19.14 percent
2. <u>Men population</u>
=40 out 175
=40/175x100 =22.85 per cent
The company was rated five stars more by men
Answer:
I took some work home because I had to meet an important deadline the next morning. If I am able to finish the work on time and do it correctly, then there is a chance of getting either a promotion or a pay raise. If I cannot complete it on time, I will not get fired, but any chances of a promotion or pay raise in the near will vanish.
Since I was working at home, I couldn't prepare anything for dinner, so I decided to buy food on a website and get it delivered home. I spent $20 on my dinner, even though I could have prepared a similar dinner for $5.
I was willing to pay for the expensive meal because the opportunity cost of preparing dinner instead was too high. I can afford to pay $15 more for eating, but I cannot afford to lose the opportunity of a promotion or a pay raise. Even if I do not get them immediately, not completing my job would have made it much harder to get it in the future.
My decision is rational because I was sacrificing a small amount of money in order to preserve something that is really valuable for me (promotion or pay raise).
All resources are scarce, and in this case, time was scarce. So I had to decide which action was more valuable and which action could yield a higher benefit.
Answer: $16,925.90 increase
Explanation:
Company already has the excess capacity to handle this order so the fixed costs will not be included as they would have already been incurred.
Cost of manufacturing the trees would be:
= Variable cost + Fixed cost
= ((51.61 + 3.80 + 1.00 + 8.26 for white tree) * 230 trees) + 5,000 for molds
= (64.67 * 230) + 5,000
= $19,874.10
Incremental revenue = 230 trees * 160
= $36,800
Incremental operating income = 36,800 - 19,874.1
= $16,925.90 increase
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<em>Note: Options might be for a variant of this question. </em>
Answer:
9.24 yr
Explanation:
The payback period refers to the amount of time it takes to recover the cost of an investment. In order to find a payback period we need to go through some calculations first
Annual savings = 5 MM Btu/hr x 8,000 hr/yr x $4/MM Btu x 14 MM Btu/hr x 8,000 hr/yr x $7/MMBtu
Annual savings = $0.944 MM/yr
TCI = 
TCI = $4.7 MM
Depreciation - Annualized fixed cost = ![\frac{[4.0 - 0] }{10}](https://tex.z-dn.net/?f=%5Cfrac%7B%5B4.0%20-%200%5D%20%7D%7B10%7D)
Depreciation - Annualized fixed cost = $0.4 MM/yr
Total cost annualized = Annualized fixed cost + Annual operating cost
Total cost annualized = 0.4 + 0.5
Total cost annualized= 0.9 MM/yr
Annual net (after-tax) profit = Annual income - Total cost annualized x (1-Tax rate + Depreciation
Annual net (after-tax) profit = $0.944 MM/yr - $0.9 MM/yr x 1 -0.25 + $0.4 MM/yr
Annual net (after-tax) profit = 0.433MM/yr
Payback period = 
Payback period = 9.24 yr
