Neither I nor II statements is(are) true concerning common costs.
Business costs that are shared by several departments are known as common costs. Common costs typically can't be attributed to a specific person, thing, or team. As an alternative, they might improve a number of departments, procedures, or business offerings.
Neither I nor II is true. Common costs are costs that are incurred for the benefit of multiple products or services, and they cannot be directly traced to any individual product or service. Common costs are not avoidable, as they are necessary for the overall operation of the business.
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2- Mention (5) problems Created by lack of Tap
Answer:
Explanation:
The lack of tap water can create several problems, including:
Health risks: The absence of clean tap water may lead to the spread of water-borne diseases. People may be forced to use contaminated water sources, which can cause illnesses such as cholera, typhoid, and dysentery.
Increased financial burden: People who do not have access to tap water may have to spend a significant amount of money on purchasing bottled water or water from tankers. This can increase their financial burden, particularly for those living in poverty.
Difficulty in daily chores: The lack of tap water can make it difficult for people to carry out daily tasks, such as cooking, cleaning, and washing. This can affect their quality of life and productivity.
Impact on education: The lack of tap water can also affect the education of children, particularly girls. They may be required to collect water from distant sources, which can consume a lot of their time and leave little time for studies.
Social inequality: The absence of tap water can deepen social inequality, as people from marginalized communities and rural areas are more likely to be affected. Lack of access to clean water can perpetuate poverty, limit economic opportunities, and exacerbate existing social disparities.
Fixed vs variable cost preference. bates operates a kiosk at a local mall, selling duck calls for $30 each. the variable cost to make a duck call is $18. a new mall is opening where bates wants to locate a new kiosk. the mall operator offers the following two options for bates: 1. paying a fixed rent of $15,000 a month, or: 2. paying a fixed rent of $9,000 per month plus 10% of revenue earned from each duck call, the amount of monthly sales (in units) at which bates would be indifferent as to which plan to select is: a) 1,900 b) 2,000 c) 1,500 d) 1,600
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.
The future of work is characterized by (choose all that apply):
a.
Staying at the same job for your entire career.
b.
Working with international colleagues.
c.
Repetitive jobs.
d.
Multiple career changes.
Answer:
B
Explanation:
You want a good impression with people and you also need people to help you along the way
Scott wanted to start a lawn cutting service but needed to purchase a lawnmower. Sherif gave Scott $30 in exchange for company revenue. What does Sherif now have in Scott's company?
A.) Rebate.
B.) Investment.
C.) Stock.
D.) Bond.
Answer:
C.) Stock.
Explanation:
Since in the question it is mentioned that scott wanted to begin the lawn cutting service but required to buy the lawnmower.Here sherif given $30 in exchange for the revenue of the company.
So according to the given options, the option c should be selected as the sherif has the stock by which the revenue would be exchanged
Therefore option c is correct
Answer:
The answer is C. Stock. ❤️
Please help me with these questions below
Practice write appropriate assertive responses for these situations:
1. Your boss begs you to work Friday night to complete a job. You are not scheduled to work and have already made plans. You say?
2. An employee at your work placement wants you to cover for her/him and tell the boss that she/he worked an afternoon shift if she didn’t work. You say?
3. One of your fellow employees at the placement is speaking to you and accusing another employee of lying. You do not agree. If you say nothing, you will feel that you are agreeing with the accuser and not being loyal to the victim. You say?
The correct responses for the given question statement are mentioned bellow the statement.
What is called a Job?A paid position of regular employment in the working field.
1. Your boss of the company begs you to work Friday night to complete a job. You are not scheduled to work and have already made your plans. I will say to my boss that I will complete the work after Friday, on the next working day, if I am not able to complete it I will complete it in extra time shift.
2. An employee at your work placement/company wants you to cover for her/him and tell the boss that she/he worked an afternoon shift, if she did not work. I will tell the employee that I will not cover for him/her but I will allow him/her extra time to complete the task.
3. One of your fellow employees at the placement/company is speaking to you and accusing another employee of the same company of lying. You do not agree. If you say nothing, you will feel that you are agreeing with the accuser and not being loyal to the victim. I will listen both the employees and than procced with my judgement.
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What national FCCLA region is Virginia in
Together with Puerto Rico and America Samoa, FCCLA is active in associations in 47 states. There is one state or territory-specific FCCLA adviser.
What's an illustration of association?
An association is a "using" connection in which there is no owner and each object has a separate lifespan. Think about a doctor and patient's connection as an illustration. Several patients may be connected to one doctor. the process of associating; the condition of association: connection and combination. a group of people with a shared interest in society that has a lengthy affiliation with the company. The term "NGO" is ambiguous and occasionally used interchangeably with the term "civil society organization," which refers to any group established by citizens. Political parties and labor unions may also be regarded as NGOs in some nations, which refer to them as nonprofit organizations.
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Bob went out with his friends to celebrate his birthday. They went to a bar where they drank copious quantities of alcohol. In the morning, Bob had not slept and was still obviously intoxicated. He found his way to a car dealership near his house and entered into a contract to buy a Mercedes Benz SUV for the cost of $140,000.00. The car salesman could smell alcohol on Bob's breath, he noticed his eyes were bloodshot and "glossy" while they were signing the papers relating to the sale, and when Bob left he could see that he was unsteady on his feet. Bob left the dealership and went home and went to bed. He slept for two days. The car salesman from the dealership called Bob 4 days later to tell him that his vehicle was ready for pick up. Bob had no memory of the buying any car.
In these circumstances:
A. the contract is void ab initio because Bob lacked capacity to contract due to his intoxication
B. Bob can avoid or repudiate the contract within a reasonable time after he regains capacity and sobers up
C. Bob cannot avoid the contract because he is responsible for his intoxication and the car salesman had no way of knowing Bob was intoxicated at the time of entering into the contract
Which statement best illustrates an example of economic specialization?
A. An employee leaves a large corporation to start her own business.
о B. A country decides to stop importing goods from foreign
companies.
O C. A business owner only hires employees with a wide variety of
skills.
O D. An artist becomes an expert at designing websites for restaurants.
SUBMIT
An artist becomes an expert at designing websites for restaurants such a statement best illustrates an example of economic specialization. The correct option is D.
Economic specialization entails the development of specialized knowledge and skills in a particular area of economic activity, and the best example of this is an artist who becomes an expert at creating websites for restaurants.
Economic specialization is the process through which people, organizations, or entire nations concentrate on manufacturing particular commodities or services for which they have a comparative advantage in order to boost production and efficiency. By specializing, people or companies can become more skilled and efficient at creating that good or service, which will boost their output and profits.
Thus, the ideal selection is option D.
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is it worth being in the national honors society? , if so why?
I got invited to join national honors society but I decided not to do it because you're kinda expected to do a lot. It sounds stressful to constantly have to keep your grades high and fulfill the other requirements they set for you. It sounds hard to manage on top of everything else you may have going on in your life.
However, to some it may be worth it because it sets a great image for you especially if you plan on going to college. By keeping your grades high all year long you'll get benefits to college and are more likely to get accepted in wherever you want to go. It's up to you to decide if it's worth it or not.
1. Compare and contrast the NAEYC Code of Ethical Conduct (Appendix A) with the NAEYC Code of appendix C
The National Association for the Education of Young Children (NAEYC) has developed two codes of ethical conduct for early childhood educators: Appendix A and Appendix C.
What is in Appendix A and C?Appendix A focuses on the ethical responsibilities of early childhood educators, including their responsibility to children, families, colleagues, and the community. It emphasizes the importance of creating a safe, nurturing, and inclusive environment for children and respecting their individual needs and backgrounds. It also emphasizes the importance of maintaining confidentiality and avoiding conflicts of interest.
Appendix C, on the other hand, focuses on the ethical responsibilities of early childhood program administrators. It emphasizes the importance of creating a positive work environment for staff, promoting professional development, and ensuring that programs are of high quality and meet the needs of children and families. It also emphasizes the importance of maintaining ethical standards in financial management and avoiding conflicts of interest.
Differences and Similarities -While both codes share the goal of promoting ethical behavior, Appendix A focuses more on the direct interactions of early childhood educators with children and families, while Appendix C focuses more on the responsibilities of program administrators. Both codes emphasize the importance of maintaining high ethical standards, but they differ in their focus and scope.
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Ouestion 2
EloMax Company Ltd has carried out some research that shows that the business could
provide a standard service that it has recently developed. Provision of the service would
require investment in a machine that would cost GHé100,000, payable immediately. Sales of
the service would take place throughout the next five years. At the end of that time, it is
estimated that the machine could be sold for GH€20,000.
Inflows and outflows from sales of the service would be expected to be as follows:
Time
Immediately
1 years' time
2 years' time
3 years* time
4 years' time
5 years' time
5 years' time
Cost of machine
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Operating profit before depreciation
Disposal proceeds from the machine
GHé000
(100)
20
40
60
60
20
20
EloMax Ltd has acceptable payback period of 3 years and expected returns on investment of
45%. It also uses straight-line method to depreciate fixed assets.
Advise the company whether or not to undertake the investment using the following appraisal
techniques:
a) Accounting Rate of Return (ARR)
[3marks]
b) Payback Period (PBP)
[3marks]
c) Net Present Value (NPV). Assume a discount rate of 10% per annum. I4marks]
Total marks 101
Since the ARR (4.8%) is below the expected return on investment (45%), the company should not undertake the investment.
How to solvea) Accounting Rate of Return (ARR)
ARR = (Average Annual Profit / Initial Investment) x 100
Average Annual Profit = (Operating Profit Before Depreciation - Annual Depreciation) * Years + Disposal Proceeds / Years
Annual Depreciation = (Initial Investment - Residual Value) / Years = (100,000 - 20,000) / 5 = 16,000
Average Annual Profit = (20+40+60+60+20 - 5*16,000) / 5 = 24,000 / 5 = 4,800
ARR = (4,800 / 100,000) x 100 = 4.8%
Since the ARR (4.8%) is below the expected return on investment (45%), the company should not undertake the investment.
The Payback Period (PBP), calculated as the amount of time taken to recuperate the primary investment, is two years in addition to sixty-seven hundredths of a year due to cumulative cash flows.
During the initial year, funds amounting to $20,000 were gained, increasing to $40,00 and then further expanding to $60,000 during consecutive periods.
Cumulative cash flows revealed that $80,000 was offset within the first year, followed by figures between negative-$40,000 and positive-$20,000 as future financial occurrences descended to greater proportions than past earnings.
Despite this discovery, an estimated PBP remained quantified at 2.67 years, thereby closely adhering to a prescribed period of three years for acceptable rates of return on such investments made by the company.
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Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the _________________ of investing in physical capital.
Answer:
opportunity cost
Explanation:
When a firm uses retained profits to invest in more energy efficient equipment, an economist would calculate the opportunity cost of investing in physical capital.
Explain briefly the purpose
of the Computer Management Console in Microsoft Windows.
Answer:
computer management is Microsoft's answer.
to determine property value with the cost approach, the appraiser subtracts the accrued deprecation from the reproduction/replacement cost and then the site value.
To determine property value with the cost approach, the appraiser subtracts the accrued deprecation from the reproduction/replacement cost and then adds the site value.
The appraiser subtracts cumulative depreciation from the reproduction/replacement cost and then adds the site value to arrive at the property value using the cost approach. The cost approach is one of the three fundamental value techniques used in real estate appraisal. The other two are the income strategy and the market approach, or sales comparison approach.
There are three ways to tackle the expense:
First, the appraiser calculates the expenses of remaking or replacing the existing structures.
Second, From the estimated reproduction/replacement cost, the appraiser deducts any depreciation losses.
Third, The appraiser increases the depreciation cost estimate by an estimate of the site's value, as if it were empty and capable of being developed for its highest and best use.
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A significant economic challenge in a global business environment is:
managing consumer spending
managing multiple and varying currencies.
laws designed to protect historic sites.
access to high-speed wireless networks.
Answer:
managing multiple and varying currencies
Explanation:
brainliest please i have no brainliest :(
The situations below include an event and a market. For each situation, determine how the event would affect the market equilibrium price and quantity of the market, and sort the situation into the appropriate category. Items (8 items) (Drag and drop into the appropriate area below) the price of broccoli falls: carrots a serious military conflict in the Middle East breaks out: crude oil a faster espresso machine: cappuccinos at coffee shops the cost of peanuts fails: peanut butter the U.S. government imposes a tariff on tequila the price of coffee rises: cream consumer income increases: ca: Categories P and Q increase P and Q decrease Pincrease, Q decrease P Decrease, Q Increase Drag and drop here Drag and drop here Drag and drop here Drag and drop here SUBMIT ANSWER < 11/12 > 11 OF 12 QUESTIONS COMPLETED MacBook Air
The cream consumer income increases categories P and Q increases the P and Q.
What is consumer income?Consumer income refers to the amount of money that an individual or household earns from various sources, such as employment, investments, government benefits, or other forms of income. It is a crucial determinant of the level of spending and consumption in an economy. When consumer income rises, people tend to have more disposable income and may increase their spending on goods and services, thereby boosting economic growth. On the other hand, a decline in consumer income may lead to reduced consumption, lower demand for products and services, and a slowdown in economic activity. Understanding consumer income patterns and trends is essential for businesses to develop effective marketing and pricing strategies that cater to the needs and preferences of consumers with different income levels.
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*Assignment*
1. Think about a business idea (sector)
2. Create a budget and a cash flow statement for that business
3. Highlight the investment appraisal technics to determine if such a business is viable or not.
4. Indicate the source of funding and if it's a loan create an amortisation schedule.
5. Try to convince someone to invest in your project with convincing evidences.
By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.
Business Idea (Sector):
I propose a business idea in the renewable energy sector, specifically focusing on solar panel installation and maintenance services. The demand for clean and sustainable energy solutions is rapidly increasing, and solar power offers a promising avenue for individuals and businesses to reduce their carbon footprint while saving on energy costs.
Budget and Cash Flow Statement:
The budget will include costs such as equipment and materials, employee wages, marketing expenses, office rent, and administrative costs. The cash flow statement will outline the projected inflows from customer payments, government incentives, and financing, as well as the outflows for operating expenses, loan repayments, and taxes.
Investment Appraisal Techniques:
To determine the viability of the business, several investment appraisal techniques can be employed. These may include net present value (NPV), internal rate of return (IRR), and payback period analysis. These methods will help assess the profitability, financial feasibility, and return on investment of the solar panel installation business.
Source of Funding and Amortization Schedule:
Funding for the business can come from various sources, such as personal savings, angel investors, venture capital, or bank loans. If a loan is obtained, an amortization schedule will be created to outline the repayment plan, including the principal and interest payments over the loan term.
Convincing Investment Proposal:
To convince someone to invest in the project, I would present the following convincing evidence:
Market research highlighting the growing demand for solar energy solutions.
A comprehensive business plan outlining the potential revenue streams, target market, and competitive advantages.
Projections of financial performance using investment appraisal techniques, showcasing the potential for profitability and return on investment.
Case studies or testimonials from satisfied customers, demonstrating the success of similar solar panel installation businesses.
Highlighting the positive environmental impact and the potential for government incentives and grants in the renewable energy sector.
Demonstrating the experience and expertise of the team in the solar energy industry.
By presenting a compelling business case supported by solid evidence, I would aim to showcase the viability and potential of the solar panel installation business, enticing potential investors to seize the opportunity and contribute to the growth of a sustainable and profitable venture.
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Sellers allow customers to use credit cards for all of the following reasons: (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.)
a. seller does not have to decide who gets credit
b. seller accepts the risk for extending credit to customers
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
e. seller determines which customers receive credit and how much
Answer:
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
Explanation:
When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.
So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.
Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.
Sellers allow customers to use credit cards for the following reasons:
a. Seller does not have to decide who gets credit.
c. Seller receives the cash sooner than if credit is granted directly to the customers.
d. May allow seller to increase sales volume.
Usage of credit cards:
At the time when the customer used the credit card, so the payment is done immediately by the card but the bank should recovered the amount by adding the interest. Also, it permits the quicker collection of the cash.
Therefore, the above 3 statements should be correct.
And, the rest of the options are incorrect.
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Discuss
any
four ways in which Specialization has
improved the economic development of Nigeria.
Answer:
fixing electricity in Nigeria.
discouraging insurgency in Nigeria.
patronizing Nigerian made products.
improvement of law and order.
WILL GIVE BRAINLIST
A depression is a severe recession that is often accompanied
by deflation.
Otrue
O false
Answer:
true
Explanation:
mark me brainliest
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.
How to find the upper and lower chart limits ?The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.
The mean is :
= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10
= 7.7
The standard deviation (σ ) is :
= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)
= √([125.1] / 10)
= √[12.51]
= 3.54
Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54
= 18.32
Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54
= -2.92
The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice, set the lower control limit at zero.
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Identify whether a debit or credit results in the indicated change for each of the following accounts.
Answer:
a) To increase Land - Debit
b) To decrease Cash - Credit
c) To increase Fees Earned(revenues) - Credit
d) To increase Office Expense - Debit
e) To decrease Unearned Revenue - Debit
f) To decrease Prepaid Rent - Credit
g) To increase Notes Payable - Credit
h) To decrease Accounts Receivable - Credit
i) To increase Common Stock - Credit
j) To increase Store Equipment - Debit
what are 2 different types of budgets and discuss how they complement each other?
There are two main types of budgets: operational budgets and financial budgets.
Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.
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what are the significance of field administration
Especially in tough economic times and with a growing concern for environmental responsibility, administrators are the watchdogs who identify and eliminate waste, corruption, and unsustainable practices in government offices and programs. It's a bottom-up responsibility that makes government more efficient from within.
Ike invests $7,660 in an account paying 7.27% simple interest annually. How much interest has Ike gained after four years?
Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.
When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.
Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.
Businesses that sell to
other businesses who
are the intended end
user of the product.
1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B
Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.
What are Sales Channels?The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.
Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.B2B: Businesses that sell to other businesses who are the intended end user of the product.Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.
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Galaxy Air, previously a no-growth firm, has two million shares outstanding. Until now, it consistently earned $20 million per year on its assets. (It has no debt and pays out all earnings as dividends. Its cost of capital is 10 percent.) Due to its newly appointed CEO, Galaxy Air is now able to squeeze out 1 percent annual growth by plowing back 5 percent of earnings. Calculate its stock price per share
Answer: $106.61
Explanation:
The following can be deduced from the information given:
Net Income = $20
Weighted Average no. of shares = 2
Earning per share (EPS) = $20/2 = $10
DPS =(100% - 5%) of EPS
= 95% × $10 = $9.5
Growth Rate (g) = 1%
Cost of equity (Ke) = 10%
DPS1 = [9.5 × (1+0.01)] = 9.595
Price of Stock will now be
= Po = DPS1/(Ke-g)
= 9.595/(0.10-0.01)
= 106.61
(all data in real $ bn). Assume a fixed price, open economy model with government. If AEx1440 + 0.62 Y, what is the equilibri
level of Y? (if needed, round to one decimal).
a. 3789.5
b. 2322.6
c. 1447.4
d. 1625.8
e. 3031.6
Answer:
a.3789.5
Explanation:
hope it helps
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What’s the best way to find the load capacity of a crane?
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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