Mustang Auto Parts, Inc. is considering one of two forklift trucks for its assembly plant.
Truck A costs $15,000 and requires $3,000 annually in operating expenses. It will have a $5,000 salvage value at the end of its three-year service life.
Truck B costs $20,000, but requires only $2,000 annually in operating expenses; its service life is four years, at which time its expected salvage value will be $8,000.
The firm's MARR is 12%. Assuming that the trucks are needed for 12 years and that no significant changes are expected in the future price and functional capacity of each truck, select the most economical truck on the basis of AE analysis.
Answers
Answer:
Truck A $7,763.50
Truck B $6,910.80
Truck B is more economical
Explanation:
Calculation to select the most economical truck on the basis of AE analysis.
In order for us to find the equivalent annual cost of over 12years period what we should do is to find the annual equivalent cost of the first replacement cycle for both truck A and truck B.
Calculation for Truck A
In Truck A Four replacements will be needed
AE (12%) A= ($15,000 - $5,000) (A/P, 12%, 3)+ (0.12) ($5,000) + $3,000
Truck A= $7,763.50
Calculation for Truck B
In Truck B Three replacements will be needed
AE (12%)B= ($20,000 - $8,000) (A/P, 12%, 4)+ (0.12) ($8,000) + $2,000
Truck B= $6,910.80
Based on the above calculation Truck B is a more economical when compared to Truck A because it has lower or lesser amount of $6,910.80 than Truck A which has higher amount of $7,763.50
Related Questions
Draw a graph with Goods Per Day on the vertical axis and Leisure Hours Per Day increasing from left to right on the horizontal axis. Show that a person who works can work fewer hours and increase utility when the wage rate increases.
Answers
The person's financial limitation would be represented by a curve that sloped from left to right, showing that the more free time someone has, the fewer things they can afford, and vice versa.
What does a graph with a market supply curve's vertical axis mean?In economics, the supply curve is a graphical depiction of the relationship between the price of a good and the amount of it that a seller is willing and able to supply.
What products have vertical supply curves as examples?A vertical supply curve demonstrates that the supply of a certain commodity is fixed and unaffected by price. Helium, for instance, has a limited supply, hence the market will determine its price rather than increasing supply.
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which of the following are listed on the income statement? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply assetsunanswered liabilitiesunanswered revenuesunanswered expensesunanswered ending retained earnings
Answers
Revenues and Expenses are the two items among the following listed on the income statement.
Option C and D is correct.
Income statement:The income statement shows your income, expenses and net profit. The components of the income statement are: Revenue; Cost of Goods Sold; Selling, General and Administrative Expenses.
The income statement summarizes the financial impact of our operations during an accounting period. It contains three main sections: Income, Expenses, Net Profit. Pre-tax profit:This refers to income before taxes are paid.
Total Yield: Gross profit, calculated by subtracting cost of goods sold from sales, is the profit earned by the company. Final result: Net profit is the income left after deducting all expenses from the gross profit.
Question is incomplete. missing options are as follows:
which of the following are listed on the income statement? (you may select more than one answer. single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. any boxes left with a question mark will be automatically graded as incorrect.) check all that apply
Option A: assets
Option B : liabilities
Option C : revenues
Option D : expenses
Option E: ending retained earnings
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If you wanted to demonstrate to potential future employers that you can use the Hootsuite Platform proficiently, what would you do?
A. Complete the Hootsuite Social Marketing Certification Course
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
C. Add Hootsuite as a previous employer in your resume
D. Complete the Hootsuite Academy Platform Certification Course, then print out your Certificate and put it on your wall.
Answers
Answer:
B. Complete the Hootsuite Academy Platform Certification Course, and add your Credential to your LinkedIn Profile.
Explanation:
To demonstrate potential future employers proficiency in using the Hootsuite platform, it is essential that you complete the certification course on the Hootsuite Academy platform, as through the course you will have efficient technical skills to carry out brand management on social media and be able to compete to a job vacancy whose specialization is necessary.
Therefore, after obtaining the course certification, it is ideal that you add your credential to your Linkedin profile, as this is the platform most used by recruiters to identify whether the profile of a candidate for a vacancy matches the profile of the company.
In this way, there is a greater chance that a candidate will draw the attention of an employer to achieve a desired job vacancy and also to expand the networking network and gain new future professional positions.
What is the rate if the base is 366 and the portion is 50
Answers
If base is 366 and quotient is 50 then the rate is 13.66%.
The given rate is calculated as follows: Rate = (Portion/Base) × 100Let's plug in the values to find the rate: Rate = (50/366) × 100= 13.66...% (rounded to two decimal places)Therefore, the rate if the base is 366 and the portion is 50 is 13.66%. In other words, the portion of 50 is 13.66% of the base of 366.To understand what rate is, let's look at an example: Imagine you have a bowl of fruit that contains 5 apples and 15 oranges. The rate of apples to the total fruit is (5/20) or 0.25, which is equivalent to 25% (since we multiply the decimal by 100 to get the percentage).The rate tells us how much of one thing there is in relation to the whole. In the example above, the rate of apples tells us that 25% of the fruit in the bowl is apples. Likewise, in the given problem, the rate of 13.66% tells us that 13.66% of the base of 366 is equal to the portion of 50.
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Fil in the blanks below.
Shareholders want managers to maximize the ___________ of their investments. The firm faces a trade-off. Either it can invest its cash in ____________ or it can give the cash back to (Click to select) in the form of a ____________ and they can invest it in __________ . Shareholders want the company to invest in _____________ only if the __________ is ___________than they could earn for themselves. The return that shareholders could earn for themselves is therefore the ____________ for the firm.
Answers
Answer:
1. Market Value
2. Realassets
3. Shareholders
4. Financial assets
5. Realassets
6. Return complete
7. Higher correct
8. Cost of capital correct
Explanation:
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1. Complete a SWOT Analysis for the company of Target from information provided by sources on the internet (Please provide the sources you used to obtain the information!!!)
2. What is the company’s (Target) perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
3. What are some examples of programmed decisions the company (Target) makes? What are some examples of non-programmed decisions the company makes?
4. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
5. How do they (Target) handle HR issues, such as employee compensation, hiring, etc.?
PLS ANSWER FULLY AND PROVIDE THE SOURCES WHERE YOU FOUND THE INFORMATION! PLS HELP
Answers
SWOT Analysis for Target are Strong brand recognition and reputation and Dependence on the US market. Programmed decisions that Target makes include routine decisions such as restocking inventory, pricing products, and processing transactions.
SWOT Analysis for Target:
Strengths:
Strong brand recognition and reputation
Large and diverse product offerings
Wide geographic presence with over 1,900 stores in the US
Weaknesses:
Dependence on the US market
Intense competition from online retailers like Amazon and Walmart
Limited international presence
Opportunities:
Expanding into new international markets
Growing e-commerce and online sales
Offering more sustainable and eco-friendly products
Threats:
Economic instability and uncertainty
Political and regulatory risks
Rapidly changing consumer preferences and trends
Programmed decisions that Target makes include routine decisions such as restocking inventory, pricing products, and processing transactions. Non-programmed decisions may include strategic decisions such as entering new markets, expanding product lines, or responding to unexpected events such as natural disasters.
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If you were in the situation mentioned above
would
you go with a payday lender or with one of the options provided in the article? Explain
$200 short due to rising costs-
your reasoning.
Answers
Payday lenders typically offer small, short-term loans at very high interest rates. These loans are intended to be used as a last resort, and are generally not a good idea for most people. They can quickly lead to a cycle of debt and financial problems.
How to make the choice?The options provided in the article may be a better choice, depending on the specific details of the situation. For example, if you are short on cash due to rising costs, you may want to consider cutting back on expenses, creating a budget, or looking for ways to increase your income. If you have a steady income, you may be able to qualify for a low-interest loan from a bank or credit union, which will likely be a more affordable option than a payday loan.
In any case, it is important to carefully consider all of your options and choose the one that is best for your financial situation. It is also important to remember that borrowing money is not always the best solution and it may be more effective to work on increasing income or cutting down expenses.
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How does the company’s focus on recruiting accountants and related services give Accountingfly a competitive advantage?
Answers
In order for a company to make a profitable growth, it must have good terms of accounts and finance people.
The services that may lead the company to focus on competitive advantage are the benefits of hiring those accounts that are honest, hard-working and work with deadlines. The company recruitment can make a competitive advantage by taking in top-notch accountants and giving large pays thereby attracting more clients. It also does this by working with the approved rules, standards, and regulations.Hence the option D is correct.
Learn more about the company’s focus on recruiting accountants.
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Asorting tool is most likely used to
find missing data
present ordered data
generate search results
find information sources
Answers
What are three advantages and three disadvantages of globalization
Answers
Type the correct answer in the box. Spell all words correctly. Helena showed a sample group of people some images that were taken from her company's recent ad. The brand name was not shown in the advertisement. The sample group was asked to identify the brand in the ad. What is Helena testing by asking this question? Helena is testing by asking this question.
Answers
Helena is conducting a brand recognition test to determine how effective the company's recent advertisement was in promoting brand awareness.
By showing a sample group of people images from the ad without displaying the brand name, Helena is measuring the strength of the brand's visual identity and whether it can be recognized without the aid of a brand name.\
This type of testing is important for companies because it helps them evaluate the effectiveness of their advertising campaigns. By measuring brand recognition, they can determine if their ads are reaching their intended audience and if they are effectively communicating the brand message. This information is valuable for making informed decisions about future advertising campaigns and marketing strategies.
Overall, Helena's brand recognition test is a valuable tool for measuring the effectiveness of the company's recent ad campaign and understanding how well the brand is recognized in the market. By using this information, the company can make informed decisions about future advertising and marketing efforts to improve brand recognition and increase sales.
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Marie is expected to receive $25,000 at the end of 7 years. If the interest rate is 10% per year, how much is it worth at the end of 10 years?
Answers
Which of the following is not true regarding continuous improvement? A. It applies to both service and manufacturing companies. B. It is used to reduce performance costs. C. It rejects the idea of “good enough.” D. It can be applied only to improve processes and products but not services and practices.
Answers
The statement that is not true is D. It can be applied only to improve processes and products but not services and practices.
What is Service Organization?A service organization is an organization that offers its services rather than the products usually sold by manufacturing companies and resellers.
In a service organization the most large expense is the human cost also known as the salaries.
If it is a service or manufacturing company, the process can be improved for production of goods and the practice can also be improved.
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You are an entrepreneur in the cyber security industry seeking to develop alliances in India. India has diverse regions with many different peoples, traditions, and levels of economic development. Which two regions of India may be most conducive to developing your entrepreneurial alliances? Why?
Please limit the length of responses to two paragraphs.
Answers
Answer:
Two places to conduct cyber business in India :
1. Bangalore, Karnataka
Bangalore karnataka is the also called the cyber hub of Asia. Due to the continuous work by the Karnantaka government this place has become the prime destination for cyber industries.
2. Gurugram, Haryana
After the division of hyderabad, the second best place to implement the cyber hub is gurugram due to its high availability of labor force and workplaces.
The two regions of India that may be most conducive to developing your entrepreneurial alliances will be Bengaluru and Delhi.
It should be noted that cyber security simply means the practice of defending computers, mobile devices, severs, networks, data, etc from unauthorized use.
Based on the information given, the two regions of India that may be most conducive to developing your entrepreneurial alliances will be Bengaluru and Delhi. The reason for choosing these countries is because they're the major IT hubs in the country.
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What are the signs and symptoms of mumps?
Answers
Answer:
The primary sign of mumps is swollen salivary glands that cause the cheeks to puff out. Other signs and symptoms may include:
Pain in the swollen salivary glands on one or both sides of your face
Pain while chewing or swallowing
Fever
Headache
Muscle aches
Weakness and fatigue
Loss of appetite
Whole body: chills, fatigue, fever, loss of appetite, or malaise
Throat: difficulty swallowing or soreness
Also common: dry mouth, headache, hearing loss, neck swelling, swollen lymph nodes, or swollen salivary glands
Which of the following problems are likely to be encountered in distribution?
i) Spoilage of goods
ii) Inadequate warehousing
iii) Ineffective communication
Answers
You need enough to meet your sales demands, so run some numbers on how much you need to meet these demands.
You need to have good communication with your employees, employers, and investors. If you don’t, things can go terribly wrong! Make sure you don’t make this rookie mistake! Set up something so you have good communication with the people you work with.
Good luck!!!
Jacob works as a researcher for a car showroom. He's going to collect data about consumers' changing preferences, Interests, and demands. He
doesn't plan to select a sample or conduct a survey. Instead, he wants to analyze the behavior of random consumers on his own. He wants to
study their reactions without letting them know that they are a part of the research study. He has decided to go to car showrooms and check
how consumers react to various car models. The notes that he plans to record during the process will form the basis of the market research
data. Which method of primary market research does Jacob plan to use?
Answers
Answer:
Visits to competitors' locations
Explanation:
Analyzing the information obtained in the scenario of the question above, it is correct to state that Jacob plans to use the primary market research method of visits to competing locations.
This method consists of gathering essential data and information for his research collected directly in a place that can serve as a parameter as a real scenario, that is, when visiting competing places, Jacob will be able to achieve his goal of collecting information, which is to analyze through of a real situation as is the behavior of random consumers on their own and understand their reactions.
This method can be effective because it eliminates biased behaviors by research participants, so that it can identify a real consumption situation without any type of interference, and it can be ideal to identify patterns of behavior that help to identify data about changes in consumer preferences, interests and demands, which is the goal of your research.
Answer:
behavior observation
Explanation:
Which is an example of a good URL?
A.
http://www.sedl.org/abcd.html
B.
http://www.sedl.org/expertise/current_projects.html
C.
http://www.sedl.org/some_text_here_which_is_a_part_of_the_URL_and_is_a_resource_identifier.html
D.
http://www.sedl.org/expertise/currentinterestingprojects.html
Answers
Answer:
The example of a good URL is ".gov and .org¨
Explanation:
http://www.sedl.org/expertise/current_projects.html is an example of a good URL. Therefore option B is correct.
What is a URL?
An Internet resource may be found using a URL (Uniform Resource Locator), a special identifier. It is additionally known as a web address. URLs contain several components, such as a protocol and domain name, which instruct a web browser on how and from where to retrieve a resource.
In addition to the resource name, the URL also includes the name of the protocol required to access the resource. The protocol to utilize as the main access medium is specified in the first portion of a URL. The location of the resource is indicated by its IP address, domain name, and sometimes a subdomain in the second portion.
Only the ASCII character set may be used to send URLs over the Internet. The URL must be changed into a proper ASCII format since URLs frequently contain non-ASCII characters. Unsafe ASCII characters are replaced by a "%" and two hexadecimal digits in URL encoding. Spaces are not permitted in URLs.
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What is your diagnosis of the situation at FAVI?
Answers
Answer:
Explanation:
FAvI is a small automotive parts manufacturer in Hallencourt, France. In addition to other products, it is the European leader in the production of key components for gearboxes (manual transmissions) in such cars as Renault, Peugeot, Citroen, Fiat, Opel, Audi, volvo, and volkswagen. Employing about 400 people, this société anonyme
An example of secondary research is
Answers
Answer: ''textbooks, encyclopedias, news articles, review articles, and meta analyses.''
Explanation:
Authors may use data from scholarly publications, official records, statistical databases, and historical documents when conducting secondary research.
Innovate ways where you can prove the law of action-reaction.
Answers
The ways where you as a person can prove the law of action-reaction are:
When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)How can the law of action and reaction be proven?When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).
Therefore, it can also be shown through Swimming. With the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.
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A flatter, more horizontal demand or supply curve ____
A. Is elastic
B. Is inelastic
C. Has zero elasticity
D. Has price in elasticity
Answers
What is wrong with this sentence? The report applies to western Europe, where people are interested in these exports.
Answers
The issue with the sentence is that : The sentence is grammatically correct, but it is unclear what "these exports" refer to
What is wrong with this sentence?The sentence is grammatically correct, but it is unclear what "these exports" refer to. To improve clarity, the sentence should be revised to provide more context or specificity about the exports in question.
For example: "The report applies to western Europe, where people are interested in buying cars from Japanese manufacturers."
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Who is most likely to benefit when the Canadian dollar depreciates against the euro? A. Foreign sellers to Canadian buyers B. Canadian buyers of foreign goods C. Canadian sellers to foreign buyers D. None of these will benefit
Answers
Answer:
A
Explanation:
When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.
For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.
Goods become more expensive for Canadian buyers of foreign goods. For example, a foreign good costs 160 Euros. Before the depreciation the good would cost (160 x 40) = 6400 Canadian dollars. After the depreciation, it would cost, 12,800 Canadian dollars.
Canadian sellers to foreign buyers don't benefit from the depreciation. Assume a local good costs 40 Canadian dollars. foreigners would pay 1 Euro for the good before depreciation. After depreciation, foreigners would pay 0.5 Euros for the good
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The time you define as being busy on the device.
(A) Active hours
(B) My time
(C) Windows schedule
Answers
Answer: it would active hours
Explanation: Simply, that is your active hours on your computer
The correct answer is: (A) Active hours
What are energetic hours on a computer?
Energetic hours discover the time frame while you anticipate the device to be in use. automated restarts after an update will arise outdoor during the energetic hours. via default, lively hours are from eight AM to 5 PM on pcs and from 5 AM to eleven PM on phones. customers can trade the active hours manually.
It is referred to as energetic hours. active hours are a time variety you could set to permit your computer to recognize whilst you're commonly the usage of your tool, so it might not restart robotically throughout the one's instances.
What is the means of energetic hours in home windows 10?
Energetic hours allow home windows to understanding while you're typically at your laptop. we'll use that data for agenda updates and restarts when you're no longer the usage of the pc.
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What is a premium in personal finance HEEEEELLPPP
Answers
Premium has multiple meanings in finance, with the first being the total cost to buy an option. A premium is also the difference between the price paid for a fixed-income security and the security's face amount at issue.
Source: Investopedia
Which is true of a health savings account but not a flexible spending account?
A You can use it to pay for prescription medicines.
B You can use it to pay for over-the-counter medicines.
C You must spend the money in it within a certain period of time.
D You can get the account only if you have a health insurance plan with a high deductible.
Answers
The correct answer is A. In case of health savings account (HSA) you can use it to pay for prescription medicines.
Without incurring any federal tax burden or penalties, HSA funds can be used whenever necessary to cover eligible medical expenses. Since early 2011, over-the-counter pharmaceuticals could not be purchased with an HSA without the need for a prescription from a physician; however, effective of January 1, 2020, this restriction has been removed. The treatment of withdrawal for non-medical expenses is quite similar to that of withdrawals from an individualized retirement account (IRA), in that they may result in tax benefits if made after retirement age and penalties if made before. A part of consumer-driven healthcare is the accounts.
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it's understood no need to help with this question
Answers
Answer:
im confused lol but okay
Explanation:
True or false: We always behave in ways that are congruent with our personality type.
Answers
We always behave in ways that are congruent with our personality type. This statement was the false. Thus, option (b) is correct.
What is personality?
The term "personality" refers to a person's characteristics of thinking, believing, and perceiving. The personality always reflects the person's identity. The personality not only developed the look but also helped with the growth. For example, a celebrity always maintains her personality. Personality reduced the conflict and damage.
A person should behave according to the situation. The person does not always behave the same. It depends on the situation and according to the mood of the person.
The personality reflects the person's looks and behavior. A person's personality fluctuates when it doesn't behave congruently.
As a result, we always behave in ways that are congruent with our personality type it totally false. Therefore, option (b) is correct.
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What are the key players/ people you need to know in the investment banking industry For Bank of America
Answers
Find the ideal team for you by exploring our assortment. Banking, markets, and finance; business support services; technology & operations. The bank's banking, markets, and finance functions interact directly with clients worldwide as well as with businesses and institutions in the United States.
What does the word "banking" imply to you?
The banking industry includes protecting other people's money. As banks lend this money, interest is generated, which benefits both the bank and its clients. An institution of this nature that is permitted to accept deposits and provide loans is a bank. But they might also offer additional financial services. An institution of this nature that is permitted to accept deposits and provide loans is a bank. Retail, commercial, and investment banks are just a few of the numerous sorts of banks.
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