,Sarah L. G January 6, 2013 Written Assignment #1 1. A) $1,000 with 5% interest after 10 years gives you $1,628. Therefore, you would gain $628 in interest. B) If the interest is withdrawn each year, a total of $500 would be earned because the $1,000 investment would earn $50 of simple interest each year. C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years.
wooden bat debate relates directly to economics, namely cost. A good aluminum bats cost approximately $250 and will last at least one season if not more. A good wooden bat, on the other hand, costs approximately $80 and can last as long as one at bat or for several games. For cash strapped amateur leagues, this can have a huge impact on their operating budget. Due to wooden bats breaking at a much higher rate, they have to be replaced more often.
Also the building of wild rose could result in layoffs at Prairie Meadows because with 50 percent less revenue, that means you have less customers, and not as much of a demand for employees. Gary Palmer the president of Prairie Meadows, said” There is just not room for two casinos of this size only 10 miles apart”. Prairie Meadows has been just outside of Ankeny for almost two decades. They should not have to compete with wild rose when there are other locations much farther apart and much less costly for
The combined taxes are lower under part b because the majority of the corporation's earnings are only subject to one level of tax (the individual tax on the salary). In part a the taxable income after salary is $200,000 but in part b it is $50,000 since the deduction of $150,000 is taken and this leads to only $50,000 that is taxed twice in part b. 66. [LO 3] In its first year of existence (year 1), Willow Corp. (a C corporation) reported a loss for tax purposes of $30,000. In year 2 it reports a $40,000 loss.
Two back up printers $1000 VS 30 users X $120 for the price of each printer = $3600 30 users X $120 for the price of each printer = $3600 DIVIDED BY $500 printer = 7 printers can bought and still be less expensive than each user getting individual printers Exercise 2.2.2 If each of the 30 users in an organization prints an average of 22 pages per hour and a shared printer has the capacity to print 180 pages per hour, how many shared printers will be needed to prevent overloading each printer’s capacity? Would there be a benefit to having more that the exact number needed? Justify your answer If 30 users averaged 22 pages per hour than that would be 660 pages an hour So if 1 printer can only print out 180 pages per hour you would need 4 printers to share the load. 4 printers averaging 180 pages per hour = 720 pages per hour. Also if having more that the exact number needed will help because you can average even higher pages per minute increasing production.
The equilibrium price for Shelly pies is $6.00 per pie with a production of 4000 pies a month. In considering Mrs. Acres dilemma, if she continues to maintain production levels and raise her prices, she risk the chance of not selling as many pies as she previously sold causing her to have a surplus in supply. One reason the pies has sold so well was because of the demand for quality pies and the price being low. If she changes her price to a higher level, Mrs.
This is partly a practical decision given that we have not provided rates beyond 20 year term in the book. We use the quoted value for $250,000 policies pro-rated to the size of policy we need, and this is incorrect — policy premiums per dollar decline as the size of the policy rises, since some costs are fixed. However, it is the best we have, and the difference will not be
If the sales outlook for the coming three years was only 20,000,000 and B.E. continued producing at the rate of 30,000,000 units, a total of 10,000,000 units would be dumped into ending inventory at the end of each year once again reducing costs of goods sold and falsely increasing income. By the end of year 2013, B.E. Company would have 35,000,000 units sitting in ending inventory taking up space and costing money to store. Once again if the president’s bonus is based off of net income, this situation is the most favorable for a high paying bonus and encourages stockpiling inventory to inflate net income.
After adding $15,300 to the $15,000 in savings, the cash flow for year 2 would equal $30,300. For year 3, the depreciation expense would equal $85,000 * .15, or $12,750. The tax on the year 3 deprecation would then be $12,750 * .40, which equals $5,100. After adding $5,100 to the $15,000 in savings, the cash flow for year 3 would equal
(nndb.com) How much did things cost in 1958? Compared to today’s prices they seem very low, but it is all relative I suppose. A new house cost between $12,000 and $18,000. A new car would have set you back $2,200. Gas for that new car cost you 25 cents a gallon.