10. The expected cost of an addition to a house is $30,000. After the addition, the house's value is expected to increase by $95,000. Which of the following statements is true regarding the benefit-cost analysis of the project? (A)The benefit exceeds the cost by $65,000. (B)The benefit is equal to the cost. (C)The cost exceeds the benefit by $5000. (D)The cost exceeds the benefit by $40,000.
Answers
It is given that the expected cost of an addition to a house is $30,000. After the addition, the house's value is expected to increase by $95,000.
The benefit-cost analysis is a business and economic technique that calculates the benefits (revenue, returns) of an investment or decision as well as the costs of taking that action. The analysis measures the profit margin of a potential business idea or project.
This analysis is done by subtracting the project's expected costs from its expected benefits. If the result is positive, it indicates that the benefits are higher than the costs, and the project is thus profitable. The opposite is true if the result is negative.
Therefore, to analyze the benefit-cost ratio of the addition to the house, the cost of the addition will be subtracted from the increase in the value of the house. The cost of the addition is $30,000, and the value of the house is expected to increase by $95,000.
As a result, the benefit-cost analysis of the project is as follows:
Benefit = Value of the House after the Addition - Cost of the Addition Benefit = $95,000 - $30,000Benefit = $65,000Therefore, the correct answer is that the benefit exceeds the cost by $65,000.
Hence, option (A) is the correct answer.
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Related Questions
The percentage change in the quantity demanded in response to a percentage change in the price is known as the
Answers
The percentage change in the quantity demanded in response to a percentage change in the price is known as the price elasticity of demand. The price elasticity of demand is the main answer of this question.
The degree of responsiveness of the quantity demanded of a commodity due to a change in its price is known as price elasticity of demand. In other words, it is a measure of how demand is influenced by a price shift.A high price elasticity of demand indicates that a commodity's demand is very sensitive to price changes.
Whereas a low price elasticity of demand indicates that a commodity's demand is not very sensitive to price changes. The concept of price elasticity of demand aids in determining the optimal price for a commodity.
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Hey MCU fans, 30 pts to the first person who can answer this question! What was Loki's last words TO THOR before he died? Just thought this would be fun :)
Answers
what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
Hope this answer helps you :)
Have a great day.
Mark brainliest :)
If the economy adjusts through the automatic mechanism, then a decline in aggregate demand causes.
Answers
If the economy adjusts through the automatic mechanism, then a decline in aggregate demand causes a recession in the short run and a decline in the price level in the long run.
Automatic mechanism are fiscal mechanisms built into government budgets that demand increased public spending and decreased taxes when the economy slows. The purpose of automatic stabilizers is to stabilize the economy during crisis activating automatically in the case of turmoil or recession, rather than requiring consent from the government. The measure instantly stabilizes income, consumption, corporate expenditure levels and promotes aggregate demand. Aggregate demand is a measure of total amount of demand for all services and goods in an economy. If aggregate demand declines while economy has adjusted through automatic mechanism, it causes a recession and a decline in price level.
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True or False: You may contribute as much of your earnings as you choose to your employer-sponsored retirement plan
each year.
a) True
b) False
Answers
Answer:
Its false
Explanation:
because when I clicked true I got it wrong.
It is not true that we may contribute as much of our earnings as we choose to our employer-sponsored retirement plan each year. The correct option is b.
What is an employer-sponsored retirement plan?An employer-sponsored plan refers to a type of benefit plan offered to employees at no or relatively low cost. These plans, such as a 401(k) or HSA, cover an array of services including retirement savings and healthcare. Employees who enrol in such programs capitalize on the benefit of receiving discounted services.
On the other hand, employers offering these plans typically benefit from tax breaks. Also, sponsoring benefits is seen as a way to recruit and retain valuable employees. Sponsorship does not mean that an employer contributes funds to the plans, though they may match certain employee contributions.
In order to attract and retain workers as well as receive tax breaks and other incentives employers install these benefit plans.
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Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answers
Answer:
What????..............
2. Which of the following is NOT considered as a characteristic of an entrepreneur?
a. Copes with failure
c. Persistent
b. Dependent
d. Opportunity seeker
Answers
Answer:
Dependent
Explanation:
Analyzing the given options one after the other.
- Cope with failure: As an entrepreneur, one should be able to cope with failure. One should see failure as a setback but rather as a stepping stone to bounce back.
- Persistent: A person who is to be called an entrepreneur has to be determined to succeed and never relent.
- Dependent: An entrepreneur is an independent person and never relies on others for survival.
-Opportunity Seeker: An entrepreneur constantly seek for opportunities and immediately grasp it whenever he sees one
So, the odd one out of the given options is Dependent
I need help with this someone help me please
Answers
Answer:
Homzygous
ggLLRRHomzygous have 2 identical alleles
Heterozygous
tTZzFf HhHeterozygous have 2 non-identical alleles
homogeneous: gg, LL, RR
Im
What is the formula for determining run rate?
Current revenue for one month x 12
Current revenue for one month / 12
Current revenue for one month - 12
Current revenue for one month + 12
Answers
To calculate run rate, take your current revenue over a certain time period—let's say it's one month. Multiply that by 12 (to get a year's worth of revenue). If you made $15,000 in revenue for each month, your annual run rate would be $15,000 x 12, or $180,000.
Why would South Africa’s import value be higher than export value
Answers
South Africa exports of items and services as proportion of GDP is 30.47% and imports of items and services as proportion of GDP is 25.53%.
Why import is greater than export?A weaker domestic currency stimulates exports and makes imports more expensive; conversely, a sturdy home forex hampers exports and makes imports cheaper. Higher inflation can also influence exports via having a direct have an effect on on input fees such as materials and labor.
Imports become extra expensive. Exports and AD make bigger causing demand-pull inflation.
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Answers
Answer: It tries to maximize employment and minimize inflation.
Explanation:
In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or usp, are referred to as.
Answers
In a print advertisement, items used to identify the sponsor of the ad, such as the company logo or USP, are referred to as Brand elements.
What is a brand?A brand is any feature that distinguishes a seller's product or service from that of other sellers' products or services.It could be a word, a phrase, a symbol, a design, or anything else.Brands are used in business, marketing, and advertising to create and protect brand equity for the well-known product, which is advantageous to the brand's consumers, owners, and shareholders.Brand names and generic or retail brands can occasionally be differentiated.What is Advertising management?Advertising management is a purposeful administrative process designed to oversee and control the various advertising initiatives that are a part of a campaign to connect with a company's target market and, ultimately, have an impact on consumers' purchase decisions.Since marketing communications only make up a small part of a company's promotional mix, they must be paired with advertising.Learn more about Advertising management here:
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On january 1st, 2003, gerry opened a savings account that paid 3.25% annual interest. his initial deposit was $1,100. if gerry didn’t deposit or withdraw any additional money, what was his balance at the close of december 31st, 2012? (hint: determine how many years the savings account was open for.)
Answers
Gerry's balance at the end of December of 2012 is 81547.5
What is rate of interest?An interest rate informs you of how much borrowing will cost you and how much saving will pay off. Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the entire loan amount if you are a borrower. Interest rates have an impact on borrowing costs and spending choices made by individuals and corporations. Lower interest rates, for instance, would entice more people to take out a mortgage for a new home, borrow money for a car or home repair projects, etc.Because of their safety, liquidity, and possibility for collecting interest, savings accounts are a good place to store money for a future date, apart from daily spending money. These accounts are ideal for storing your emergency fund and short-term savings for things like vacations and house repairs.We know that,
\($i=\frac{P R T}{100}$\)
Where,
I = Interest generated,
P= principal =1100,
R= rate of Interest =3.25 %
T= time perlod =10 ( because from January of 2003 to December of 2012=10 years),
Putting the values,
\($i=\frac{1100 \times 3.25 \times 10}{100}=357.5$\)
therefore Gerry's balance at the end of December of 2012 is \($(1100+357.5)=\$ 1457.5$\)
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refer to exhibit 8-2. based on the given change, what word (rises or falls) should go in blank (3) and blank (4), respectively, to summarize the resulting impact on short run equilibrium?
Answers
Consider Exhibit 8-2. To describe the influence on short term equilibrium as a result of the provided modification, falls; increases should go in blanks (11) and (12), respectively.
When all of the forces acting on a body are perfectly balanced, the body is said to be in equilibrium and does not move. The word "equilibrium" derives from the Latin word "libra," which means "weight" or "balance." As a constellation, astrological sign, and representation of the zodiac, Libra is sometimes shown as a pair of balancing scales, frequently held by the blindfolded goddess of justice, which stands for justice, fairness, and equality. Biology, chemistry, physics, and economics all have different definitions of equilibrium, yet they all relate to the harmony of opposing forces.
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during 2020, goodfellow has the following transactions involving its common and preferred stock: a. issued 15,000 shares of $5 par common stock for $15 a share. this brings total shares outstanding to 50,000 shares and 100,000 shares are authorized. b. issued 5,000 shares of $100 par, 6%, cumulative preferred stock for $121 per share. c. when the market value of the common stock reached $15 a share, goodfellow declared a 3-for-1 stock split, reducing the par value to $1.67 per share. required:
Answers
In 2020, Goodfellow had several transactions involving its common and preferred stock. Firstly, it issued 15,000 shares of $5 par common stock for $15 a share, bringing the total shares outstanding to 50,000 shares out of the 100,000 authorized.
Secondly, it issued 5,000 shares of $100 par, 6%, cumulative preferred stock for $121 per share. Finally, when the market value of the common stock reached $15 a share, Goodfellow declared a 3-for-1 stock split, reducing the par value to $1.67 per share. These transactions demonstrate Goodfellow's strategy of increasing its equity capital to finance growth. The issuance of common stock helps increase the number of shares outstanding, while the issuance of preferred stock provides additional capital with fixed dividends. The stock split, on the other hand, increases the number of shares outstanding while reducing the par value per share. Overall, these transactions reflect Goodfellow's commitment to expanding its operations and improving shareholder value.
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Explain briefly what kind of Consumer Service is particularly open to an entrepreneur.
Answers
Answer:
Almost any Consumer Services enterprise is amenable to the entrepreneur, from personal services like pet care and yard maintenance to a clinical psychology and counseling practice. Particularly fertile in our current business landscape are Consumer Services tied to computers, electronics, the Internet, and social media.
Explanation:
How can I become rich???
Answers
Explanation:
1, Don’t focus on a job, use the income from your job to invest to create different forms of income
2, Fastest way to get rich is to form a business
that's it :)
How often do mortgage rates change?.
Answers
Mortgage rates change daily.
Mortgage rates change daily.
What is the rate on a mortgage?The interest rate on a mortgage is called a mortgage rate.The lender decides mortgage rates, which can be fixed or variable, depending on a benchmark interest rate, for the duration of the mortgage.Borrowers' mortgage rates vary based on their credit history.The average mortgage rate fluctuates with interest rate cycles and can have a significant impact on the market for homebuyers.What is the function of a mortgage?A mortgage is a kind of loan that is used to buy or keep a house, land, or other piece of real estate.The borrower agrees to make payments to the lender over time, usually in a series of regular payments that split the cost of the loan between interest and principal.The property then acts as security for the loan.Mortgage rates change daily.
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experience rating is a method of setting group premium rates that are based on projected healthcare costs of a group. true or false?
Answers
Experience rating is a method of setting group premium rates that are based on the projected healthcare costs of a group. True
An insured party's damage amount is rated according to how much harm other insured parties with comparable experiences have sustained. It is a technique for determining group premium rates based on an estimated group's medical expenses. Here, a group's premium rates are established by its demographics, claim history and historical healthcare usage.
In general, premium rates will be higher for groups with a history of higher healthcare consumption and claims, while premium rates will be lower for groups with a history of lower utilisation and claims. When discussing health insurance provided by an employer, experience rating is frequently utilised. It is a method for insurance providers to control risk and make sure they are charging reasonable premium rates for a certain population.
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competitive price-taker markets and purely competitive markets are:
Answers
Answer:
While a competitive market determines the equilibrium point by staying in tune with the supply and demand curves, a perfectly competitive market does not have that luxury. A perfectly competitive market must accept the price point and must only decide how much to sell.
Explanation:
office of business administration tells you that villa apartment has a project to expand the current operations and the estimated internal rate of return is 12.2%. the villa apartment's wacc is 11.8%. based on all of these, you can safely conclude the:
Answers
We can safely conclude that Villa Apartment's expansion project is a viable investment opportunity.
The information provided suggests that the estimated internal rate of return (IRR) for Villa Apartment's expansion project is 12.2%, while the company's weighted average cost of capital (WACC) is 11.8%.
The IRR is the rate at which the project's net present value (NPV) is zero. In other words, if the IRR is higher than the WACC, the project is expected to generate a positive NPV and would be considered financially attractive.
Since the IRR (12.2%) is higher than the WACC (11.8%), it suggests that the project is expected to generate a positive NPV and would be considered financially attractive.
The IRR is an important financial metric used to evaluate the potential profitability of an investment opportunity. It represents the rate of return that a project is expected to generate over its useful life.
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2. What is the name of the tendency for your body to stay “in motion" through the air
Answers
Answer:
please mark as brainliest
Explanation:
ans: Inertia
Inertia is the tendency of a body in motion to remain in motion through the air.
The name of the tendency where the body has to stay in motion via the air is inertia.
The following information related to the inertia is:
It is the resistance with respect to the physical object along with its velocity. It involved the speed variation or the motion direction.It is the object's tendency where it remains to move in the straight line having the same speed at the time when no force is acted.Therefore we can conclude that the name of the tendency where the body has to stay in motion via the air is inertia.
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A workshop is a meeting in which individuals do physical labor.
False
True
Answers
TRUEEEEEEEEEEEEEEEEEEEEEEE
Answer:
Its trueeeeeeeeeeeeeeeeee
Jackie consumes only two goods: waffles (w), and concert tickets (t). Her utility function and associated marginal utilities are as follows: U = 1200w0.1t0.4 MUw = 120w−0.9t0.4 MUt = 480w0.1t−0.6 Each waffle costs $2.50 and each concert ticket costs $20.
(a) How much money would Jackie need to achieve utility = 10,000?
(b) From now on, assume Jackie has $1000 to spend. How many waffles and con- cert tickets will Jackie consume?
(c) Suppose waffles cost $4 each instead of $2.50. How many waffles and concert tickets will Jackie consume?
(d) Find the substitution and income effects for the change from part (b) to (c).
(e) Find the Compensating and Equivalent Variations for the change from part (b) to (c).
(f) Suppose Jackie’s utility function was actually the following: U = 1200w0.5 + 160t MUw = 600w−0.5 MUt =160 Assuming again that each waffle costs $2.50 and each concert ticket costs $20, and Jackie has $1000 to spend, how many waffles and concert tickets will Jackie consume?
Answers
With a budget of $1000, we can establish the budget constraint, 2.5w + 20t = 1000, where w represents the quantity of waffles and t represents the quantity of concert tickets.
(a) To determine how much money Jackie would need to achieve a utility of 10,000, we can equate the utility function to 10,000 and solve for the quantities of waffles and concert tickets. Given that U = 1200w^0.1t^0.4, we have:
10,000 = 1200w^0.1t^0.4
To solve for the quantities, we need to know the prices of waffles and concert tickets.
(b) If Jackie has $1000 to spend, we can determine the optimal quantities of waffles and concert tickets by maximizing her utility function subject to the budget constraint. With $1000, we have:
Budget constraint: 2.5w + 20t = 1000
We can then use the marginal utility values to find the optimal quantities that maximize her utility.
(c) If waffles cost $4 each instead of $2.50, we need to update the budget constraint accordingly:
Budget constraint: 4w + 20t = 1000
Using the updated budget constraint and the marginal utility values, we can determine the new optimal quantities of waffles and concert tickets.
(d) The substitution effect measures the change in quantity demanded due to a change in relative prices while holding utility constant. The income effect measures the change in quantity demanded due to a change in purchasing power or income while holding relative prices constant. To calculate these effects, we compare the quantities of waffles and concert tickets consumed in part (b) with those in part (c).
(e) The compensating variation (CV) measures the amount of income that would have to be given to Jackie to restore her utility to the level she had in part (b) after the price change in part (c). The equivalent variation (EV) measures the amount of income that would make Jackie indifferent between the initial situation (part b) and the new situation (part c). CV and EV can be calculated by comparing the utilities or expenditures in the two scenarios.
(f) With the new utility function U = 1200w^0.5 + 160t and the given prices, we can use the same approach as in part (b) to determine the quantities of waffles and concert tickets that maximize Jackie's utility with a budget of $1000.
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_____ white candles indicate that the _____ controlled trading for most of the period
a. Long, Bulls
b. Short, Bulls
c. Long, Bears
d. Short, Bears
Answers
Long white candles indicate that the Bulls controlled trading for most of the period.
Candlestick charts are used in technical analysis to visualize price movements of financial instruments like stocks or currency pairs. In these charts, candles represent the price movement of an asset within a specific time frame, with each candle having a body and wicks (or shadows) extending from it.
A long white (or green) candle indicates a strong buying pressure, meaning that the price closed significantly higher than it opened during the time frame being analyzed. This is a bullish signal, suggesting that the buyers (Bulls) were dominant and able to push the price higher.
On the other hand, a long black (or red) candle indicates a strong selling pressure, suggesting that the Bears were dominant and able to push the price lower.
Short candles, regardless of their color, represent a small difference between the opening and closing prices, suggesting that neither the Bulls nor the Bears were able to gain a significant advantage during the period. In general, short candles indicate indecision or consolidation in the market.
In summary, long white candles indicate that the Bulls controlled trading for most of the period, showing a strong buying pressure and an upward price movement.
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which of the following should be done by the auditor on receipt of the cutoff statement
Answers
The auditor should compare the information provided in the cutoff statement with the client's records to ensure that all transactions up to the cutoff date have been recorded accurately.
When an auditor receives the cutoff statement, they should carefully review and compare the information provided in the statement with the client's records. The main objective of this comparison is to ensure that all transactions up to the cutoff date have been recorded accurately in the client's books of accounts. This process is critical in ensuring that the financial statements are free from material misstatements, errors, or omissions.
The auditor should also verify that all transactions that occurred between the cutoff date and the end of the audit period have been recorded in the subsequent period. This is important as it ensures that the financial statements are not misstated due to transactions being recorded in the wrong period.
Furthermore, the auditor should verify that any significant transactions that were recorded after the cutoff date have been appropriately disclosed in the financial statements. This is essential in ensuring that users of the financial statements have complete and accurate information.
In summary, the auditor should carefully review and compare the information provided in the cutoff statement with the client's records to ensure that all transactions up to the cutoff date have been recorded accurately. They should also verify that all subsequent transactions have been recorded in the appropriate period and that any significant transactions recorded after the cutoff date have been disclosed in the financial statements.
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Suppose the demand for a product is perfectly elastic. At a price of $20, 10 units of a product are sold. If the price is increased to $40, then one would expect sales __________. a) to remain at 10 b) to fall below 5 c) to equal 5 d) to fall to zero
Answers
Answer:
B
Explanation:
$20, 10 units are sold.
$40, no one wants to buy it as much but, won't go down completely so it would be B.
Hope this helps!
suppose it costs both mcdonald’s and wendy’s $3 (cogs) per their value meal offerings, each sold at the same price of $4. assume that the cost of inventory for both companies is 30 percent a year. approximately how much does mcdonald’s save in inventory cost per value meal compared to that of wendy’s? you may assume that inventory turns are independent of the price.
Answers
$ 0.0222 per unit is the inventory that turns independent of the price.
Inventory
Inventory, often known as stock, refers to the items and supplies that a company keeps for the purpose of resale, manufacturing, or use. Inventory management is largely concerned with establishing the shape and positioning of stocked products.
McDonalds Inventory: $129.40 Revenue: $17,140.50 COGS: $11943,70 Gross Profit: $5,196.80
Wendy's Inventory: $54.40 Revenue: $3148.90 COGS: $1534.60 Gross Profit: $1513.40
Inventory Turnover Ratio = COGS/Inventory
McDonalds = 11943.70 / 129.40 = 92.30
Wendy = 1534.60 / 54.4 = 28.21
Holding Cost for one unit
McDonalds = 0.3 \(\times\) $ 3 \(\times\) 1/92.3 = $ 0.0097
Wendy = 0.3 \(\times\) $ 3 \(\times\) 1/28.21 = $ 0.0319
Higher for Wendy = .0319 -.0097 = $ 0.0222 per unit
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1
"I put $200 into my retirement account at work," Maisie says. "And I see that my employer put in $200 in the same account! What is this?" What is
Maisie describing?
A. medical insurance
O B. worker's compensation
OC. matching funds
O D. Social Security
um. All rights reserved.
Reset
Next
G
Answers
In matching funds, as Maisie is discussing, her company makes a contribution to her retirement account that is equal to the one she makes.
What do you mean by matching funds?funding matches. a confirmed cash contribution or financial commitments from approved sources, free of any conflicts of interest, that are used for approved project purposes during the grant financing period.
How do match funds function?The non-federal portion of the total project expenditures that a grantee must contribute in order to fulfill the objectives of the award is known as a match for a federal grant. The program RFP should be consulted because the needed match percentage, sources of match, and other conditions differ from program to program.
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