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Mary invested $100,000 in a hardware store. Business has been good, and the store shows an accounting profit of $10,000 for the last year. This profit is after taxes and after payment of a $25,000 salary to Mary. This salary is less than the $40,000 she could make at another job. Considering the risk involved in the hardware business, she believes that a 15 percent after-tax rate of return (interest rate adjusted for risk) is appropriate for this type of investment.
a) Given this information, calculate the economic profit earned by Mary.
b) What accounting profits would the firm have to earn in order for the firm to break even in terms of economic profits?
Assume next year's manufacturing overhead is estimated to be $2,000,000. Sales are projected to be $50,000,000, and machine hours are projected to be 200,000. What is the projected overhead rate?
List online IT discussion board that is good for programming or networking and database and why do you think the IT forum is good for you?
When building the house, structured, modular approach is better than haphazard approach. Describe how structured approach associates to creating programs.
Music store sells an average of 160 cds per week at $24 each. The cost of producing x music CDs is C(x) = -0.003x^2+ 4.2x + 1000. A market survey indicates that for each 50 cents decrease in price, 2 additional cds will be sold per week.
Give reasons why root should not be able to change the audit UID on a UNIX system, and give reasons why it should. Which reasons sound more persuasive to you?
Refrigerant-134a enters the condenser of a refrigerator at 900 kPa and 60°C, and leaves as a saturated liquid at the same pressure. Determine the heat transfer from the refrigerant per unit mass.
Write a 1,050 to 1,400-word paper in which you describe the impact of product design on operations and supply chain strategy. Include the following:
South Carolina previously had license plates containing two letters and four digits but now has plates with three letters and three digits.
The computeShippingCharges() method should use sentinel-controlled repetition to allow a user to enter shipping data until the user has indicated that he or she is done. The total shipping charges will be computed and returned as a double value.
Implement a sequence recognizer
Write a program that reads in the length and width of a rectangular yard (in meters) and the length and width of a rectangular house (in meters) placed in the yard. Your program should compute the time (in minutes) required to cut the lawn around ..
What is the most important characteristic of the Gray code?
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