According to the lesson, which of the following industries was the first to produce modern corporations

Answers

Answer 1

According to the lesson, a. railroads were the first industries to produce modern corporations.

Railroads were the first industries to produce modern corporations, revolutionizing the way businesses were conducted and laying the foundation for the global economy of today.

By creating large-scale organizations, the railroad industry enabled companies to generate large profits and use those profits to expand their businesses.

This development allowed the railroad industry to become more efficient and prosperous, leading to the rise of the modern corporation.

Additionally, this industry sparked the development of new technologies, such as the locomotive, which further allowed businesses to expand their reach.

Ultimately, the railroad industry provided an invaluable foundation for the modern corporate model and its many successes.

Although a part of your question is missing, you might be referring to this question:

According to the lesson, which of the following industries was the first to produce modern corporations?

a) railroads

b) IT

c) agriculture

d) none of the above

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Answer 2

The modern corporation as we know it today had its beginnings in the industries of banking, finance, transportation, and manufacturing. These industries were the first to recognize the potential of the corporation as an organizational structure, and as a result, shaped the way modern businesses are structured and operated today. With the development of the corporation, many new opportunities opened up for businesses, allowing for increased growth and success.


Related Questions

Can I ask why my rental application was denied?

Answers

Yes, you can, however in the state, unless the transaction was for credit purposes, they are not required to tell you.

What is credit?

An deal between a borrower and their lender constitutes credit, generally speaking. The term "credit" can also refer to someone or something's creditworthiness or credit score. In addition to reducing costs or increasing revenue, a credit may also raise liabilities or decrease assets.

What is a credit score?

A credit score definition. A fico score is a statistical measurement based on credit history that assesses a consumer's creditworthiness. Credit scores are used by lenders to determine the likelihood that a borrower will pay back their debts.

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The lack of support for the predictive models of prejudice and discrimination (final paragraph) is best explained by which statement?
A.Additional risk factors, such as social capital, might confound the relationship between prejudice and sensitivity to stress.
B.Discrimination may be more significant than prejudice as a psychosocial stressor that contributes to alcohol use disorders.
C.Unmeasured protective factors, such as social support, might reduce the impact of discrimination on alcohol consumption.
D.Discrimination may be less significant than prejudice as a psychosocial stressor experienced by some minority groups.

Answers

The lack of support for the predictive models of prejudice and discrimination explained by Unmeasured protective factors, such as social support, might reduce the impact of discrimination on alcohol consumption.

What is discrimination and prejudice?Prejudice is defined as prejudiced thinking, whereas discrimination is the act of targeting a certain group of individuals. Race, ethnicity, age, religion, health, and other factors can all be used as bases for discrimination.An attitude of prejudice can lead to violent behaviour. Discrimination, according to the majority of sociologists, is an act or a series of acts. The two ideas are therefore distinct even if they are related.Although prejudice might contribute to discrimination, it is not the main cause of it. Even if one is not intentionally discriminatory, one might still have biases, especially if they are aware of them and actively want to overcome them.

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please help!

PRO and CONS Hotel?

Answers

Pros and cons of staying in a hotel:

Pros:

cleanliness

laundry services

close to your desired destination(s)

room service

excellent room security

Cons:

expensive

breakfast food is rarely good

have to order or go to a restaurant for food

rooms are often very small

you will often feel cooped up

can get quite crowded

It's better to stay at an Airbnb

PlastiPharm performs a process capability analysis for all processes for new products and repeats the process every six months thereafter. During the analysis, equipment is evaluated to determine if it operates within quality standards. Additionally, the production environment is evaluated to ensure that all factors affecting the process meet the same standards. Which of the following statements best explains why the analyses are conducted?
A process capability analysis helps determine how well a process meets the needs of a customer.
A process capability analysis shows the extent of improvements being made.
A process capability analysis compares the performance of a process to determine improvement.
A process capability analysis demonstrates when a process is stable and performing well.|\

Answers

The first statement "A process capability analysis helps determine how well a process meets the needs of a customer" explain  why the analyses are conducted.

What is Process Capability?

A statistical measure of the inherent process variability of a property is called process capability. Capability studies can be used to assess the ability of a process to meet specifications.

Process capability example 1: Ice cream parlor ice cream must be served at a temperature between -15 and -35 degrees Celsius. Temperature is maintained by a cooling process with a standard deviation (SD) of 2 degrees Celsius. Moreover, this temperature averages -25 degrees Celsius. In general, the higher the Cpk i, the better it is. A Cpk value less than 1.0 indicates that the process is incompetent and bad. Values ​​above 1.33 are considered efficient and values ​​between 1.0 and 1.33 are considered very inefficient. However, you should aim for a Cpk of 2.00 or higher whenever possible.

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What is an example of comparison shopping?

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An example of comparison shopping is when a consumer researches different stores and websites to find the best price for a product they are interested in purchasing. They may compare prices, shipping costs, and product reviews to make an informed decision.

What is shopping?

Shopping is the act of buying goods or services from a retailer or seller. It is an activity that is done by people of all ages in order to obtain items that they need or want. Shopping can be done online, in-store, through catalogs, through door-to-door sales, or through other methods. Shopping can serve a variety of purposes, from practical needs to recreational ones. Shopping can provide entertainment, a sense of accomplishment, and even a way to socialize with others. It can also provide stress relief and a sense of purpose. Shopping can be an economical way to acquire items and services, due to the availability of discounts and sales. It can also be an educational experience, as shoppers learn more about the items they are interested in. Shopping can also be an important part of a community's economy and culture.

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Which of the following would be consequences of more rental properties in the United States being subject to binding price ceilings: Select the two correct answers below.
Select all that apply:
a shortage of apartments
a surplus of apartments
the quantity supplied of apartments will exceed the quantity demanded
the quantity demanded of apartments will exceed the quantity supplied

Answers

A shortage of apartments, the quantity demanded of apartments will exceed the quantity supplied

What is quantity demand?

Quantity demand is the amount of a particular good or service that is desired by consumers at a specific price and time. It is determined by examining the consumer's willingness and ability to purchase the item at a given price. It is a key factor in economics and is used to determine the supply and demand of goods and services in the market. Quantity demand is affected by a variety of factors such as consumer income, consumer tastes and preferences, the availability of substitutes, and the price of the good or service. Changes in any of these factors can cause a change in the quantity demanded by consumers.

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What expenses would you expect to stay the same month after month which would vary most month to month?

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Monthly expenses that would stay the same month after month would include rent, mortgage payments, car payments, student loans, and any other regular bills that are due on the same day each month.

Expenses that would vary most month to month would include groceries, gas, utilities, dining out, entertainment, and other variable costs. These are expenses that can vary depending on individual needs and lifestyle.

When you and a lender enter into a mortgage, the lender is granted the power to seize your property if you are unable to pay back the loan amount plus interest. Mortgage loans are used to either purchase a home or borrow against an existing home's worth.

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When one commercial bank borrows from another commercial bank, it pays the __________ rate, Question 6 options:
a. discount; federal funds
b. T-bill; discount
c. federal funds; discount
d. prime; federal funds
e. nominal; real

Answers

When one commercial bank borrows from another commercial bank, it pays the federal funds rate.

Hence, Option A is correct.

What do you mean by federal funds?

The Federal Open Markets Committee (FOMC) determines the federal funds rate, sometimes referred to as the federal funds target rate or the fed funds rate, to regulate overnight lending among U.S. banks. It's defined as a range between an upper and lower boundary. Currently, the federal funds rate ranges from 4.25% to 4.50%.The interest rate that depository institutions, such as banks, savings and loans, and credit unions, charge one another for overnight loans is known as the fed funds rate. The discount rate is the interest rate that Federal Reserve Banks charge to depository institutions for collateralized loans that are typically made overnight.

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the reconciliation of the bank statement is a process of comparing date on a bank statement with records maintained in the medical office

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Reconciliation appears to be a plan that accounts for discrepancies between the cash balance on a company's general ledger and the cash balance shown on its bank statement. Therefore, the statement is accurate.

Bank statement reconciliation:

A bank reconciliation statement is an overview of each transaction (deposits, withdrawals, fees, and interest) made on a business's bank account and how they relate to the company's financial records.

The balance of a bank account in the cash book and the final balance on the bank statement are reconciled using a bank reconciliation statement.

The process of reconciliation assures the legitimacy and correctness of financial data. A robust reconciliation procedure also guarantees that transactions have not been altered without authorization while being processed.

The practice of reconciling dates on a bank statement to information held in the medical office is called bank statement reconciliation.

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Note the above question would be as bellow,

The reconciliation of the bank statement is a process of comparing date on a bank statement with records maintained in the medical office. State true or false.

What are the 4 economic objectives?

Answers

The four economic objectives are economic growth, full employment, price stability, and equitable distribution of income.

Economic Growth: This refers to an increase in the total output of goods and services within an economy over a period of time. It is measured by the Gross Domestic Product (GDP) of a country.

Full Employment: This refers to a situation in which almost everyone who is willing and able to work is able to find a job. It is usually measured by the unemployment rate.

Price Stability: This refers to a situation in which prices remain fairly stable with little or no inflation. It is measured by the Consumer Price Index (CPI).

Equitable Distribution of Income: This refers to a situation in which the income of a population is distributed fairly and equally among its members. This is usually measured by the Gini coefficient, which is a measure of income inequality.

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suppose you make jewelry. if the price of gold falls, then we would expect you to _____

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Let's say you create jewellery. We would anticipate that you will experience higher demand for your jewellery if the price of gold drops. b. see a decline in jewellery demand.

Why is jewelry so special?

Even if jewellery is more than simply a superficial fashion statement, it nevertheless allows us to decorate ourselves with something lovely and priceless. Jewelry can make us feel good about ourselves, improve our mood, and provide us a means to show our individual sense of style. For these reasons, we are adamant that jewellery is a traditional and enduring present. A meaningful jewellery collection may enrich the lives of you and your family in ways that go far beyond just material goods.

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How does GNP increase?

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If local enterprises in the country make more money abroad than foreign firms do at home, the GNP will be larger than the GDP.

What is meant by GNP?Gross Domestic Product (GDP) plus net factor income from overseas equals Gross National Product (GNP). No matter where the country's production elements are located, the GNP assesses the monetary worth of all the completed goods and services they create.The value of the final domestic products and services generated inside a country's boundaries is known as the gross domestic product (GDP). The value of all completed products and services held by a nation's residents, regardless of whether those things were made in that nation, is what is known as its gross national product (GNP).GDP is the phrase used to describe the amount of goods and services generated inside a country's borders within a certain fiscal year. GNP is the total dollar worth of products and services generated by all of a country's residents over a given fiscal year, regardless of where they live.

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which of the following refers to a type of Chinese Theater Company by an instrumental Ensemble containing two components

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Peking opera is a category of Chinese theater  Company performed by an ensemble of two instrumentalists.

A group of people with a common goal who may be either natural, legal, or a combination of the two is referred to as a corporation, which is commonly shortened as "co. To accomplish clearly defined goals, the company's staff works together for a single cause. The many different forms that businesses can take include nonprofit organizations, nonprofit associations, for-profit businesses, financial institutions, banks, programs, and educational institutions, to name just a few. A company may be legally recognized as a separate entity through incorporation, which limits the company's liability as long as its members uphold the terms of the publicly disclosed incorporation or published policy. It may be necessary to liquidate a business after it has shut down in order to pay off debts.

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What are the most important workplace trends affecting HR today?

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The most important workplace trends affecting HR today are flexible working, diversity and Inclusion, artificial Intelligence, wellness programs, employee engagement.

What is HR?
HR
stands for Human Resources, and is an essential part of any organization. It's responsible for ensuring that a company has the right people in the right roles and that they are treated fairly. HR tasks include recruiting and onboarding new staff, managing employee performance and development, monitoring work health and safety, and resolving any disputes that arise. HR also provides advice and guidance to managers, helping them to make decisions that promote a healthy, productive and collaborative work environment. HR also plays a critical role in developing and implementing policies and procedures that protect the rights, safety and wellbeing of the organization's employees.

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What are three types of opportunities for sharing a sound basis for diversification or vertical integration?

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Three types of opportunities for sharing a sound basis for diversification or vertical integration are resource sharing, distribution channels, and knowledge and expertise, brand sharing, and supply chain.

Three types of opportunities for sharing a sound basis for diversification or vertical integration are:

Resource sharing: Resources such as production facilities, equipment, or raw materials can be shared among different business units to achieve economies of scale and reduce costs.Distribution channels: Diversifying into different products or services can be facilitated by sharing existing distribution channels, such as retail outlets or online platforms.Knowledge and expertise: Diversifying or vertically integrating into new markets or industries can be made easier by sharing knowledge and expertise among different business units. This can include shared research and development, marketing, or management capabilities.Brand sharing: Diversifying into different products or services can be facilitated by sharing an existing brand, which can help to establish trust and credibility with customers.Supply Chain: Sharing a common supplier base, logistics, and distribution channels can provide efficiency and cost savings across different products or services.

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A hotel will use a job order cost system for which of the following expenses?
a. Room service
b. Soap and shampoo expenses
c. Maid services
d. Swimming pool expenses

Answers

a. Room service. A hotel service known as room service or in-room dining lets customers order food and beverages to be delivered to their rooms where they may consume them.

A hotel concierge is capable of more than just providing travel arrangements, restaurant reservations, and local knowledge. Give your visitors assistance that goes above and beyond their expectations. For further emphasis, these services may be developed to focus on your hotel's key selling characteristics. In Sorrento, Italy, the Grand Hotel Excelsior Vittoria is widely recognised for its very customised presents. A group of American children received customised jerseys from the property once. Whether tourists just require transportation to your location or a trip about town, The Otesaga Resort in Cooperstown, NY, surprises them by setting your hotel distinct from your competition.

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A change in the number of producers of a good will Group of answer choices increase the market supply because market supply is the sum of all individual supply curves increase the market supply only if all suppliers have identical supply curves decrease the market supply because firms compete with each other and each firm will supply more increase the market supply because the price will rise increase the market supply only if market demand increases too

Answers

An increase in producers will result in more competition, which will eventually push out less-effective producers and lead to a reduction in supply.

While less competition increase allows the manufacturer the chance to have a larger market share with a smaller supply, more competition typically results in a drop in supply. According to the law of supply, there is a direct correlation between price and the amount delivered. In other words, producers  the price rises, the amount supplied rises as well. An upward-sloping line from left to right is used to illustrate this. A good's supply grows if the cost of one of its production-related replacements decreases.

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among the following, the earliest consequence of the acrosomal reaction is _____.

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Of the following, the earliest consequence of the acrosome reaction is depolarization of the oocyte membrane.

During the acrosome reaction, the acrosome of sperm cells fuses with the plasma membrane and releases digestive enzymes. These digestive enzymes - acrosin and hyaluronidase - degrade not only part of the plasma membrane of the egg cell itself, but also the layers surrounding the egg cell. All of these enzymes dissolve the corium and zona pellucida, allowing sperm to reach the plasma membrane of the oocyte.

The above changes in the sperm head are called acrosomal reactions. The acrosomal reaction must occur before the sperm reaches the zona pellucida. Acrosin digests the zona pellucida and oocyte membranes. Then part of the sperm cell membrane fuses with the egg cell membrane, and the contents of the head sink into the egg. The acrosomal reaction allows sperm to enter the zona pellucida of the oocyte by exocytotic release of acrosomal enzymes.

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the company requires all logs generated from the web application to be copied to a central aws account for analysis and archiving

Answers

In the central account, create a cross-account role. When the logs are copied, take on the function of the production account. To fulfil these requirements, the solutions architect must do this action.

What is a solution architect?

In order to give the best solution to the problem which needs to be solved, a skilled solutions architect examines the current environment, evaluates the technologies that are available, and determines what software product needs to be produced. The solutions architect then develops a broad strategic technical vision, much like an architect would when creating a building's blueprint. Based on that vision, they create a budget for creating a software product. The solutions architect is in charge of overseeing the process and informing stakeholders of the progress once the stakeholders have approved the project.

So, The correct option is A.

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Correct Question : A company is running a web application on Amazon EC2 instances in a production AWS account. The company requires all logs generated from the web application to be copied to a central AWS account for analysis and archiving. The company's AWS accounts are currently managed independently. Logging agents are configured on the EC2 instances to upload the log files to an Amazon S3 bucket in the central AWS account.

A solutions architect needs to provide access for a solution that will allow the production account to store log files in the central account. The central account also needs to have read access to the log files.

What should the solutions architect do to meet these requirements?

A. Create a cross-account role in the central account. Assume the role from the production account when the logs are being copied.

B. Create a policy on the S3 bucket with the production account ID as the principal. Allow S3 access from a delegated user.

C. Create a policy on the S3 bucket with access from only the CIDR range of the EC2 instances in the production account. Use the production account ID as the principal.

D. Create a cross-account role in the production account. Assume the role from the production account when the logs are being copied.

If the price of product Y is $18 and its marginal cost is $25,
Multiple Choice
O Y is being produced with the least-cost combination of resources.
O society will realize a net gain if more of Y is produced.
O resources are being overallocated to Y.
O resources are being underallocated to Y.

Answers

The correct answer to the given question about Price of product and marginal cost is option C) "resources are being overallocated to Y."

When a company lacks the resources necessary to finish all of the important tasks provided to it in the time allotted, it commits the resource allocation error known as overallocation. Overcommitting or overscheduling are other terms for this error. The marginal cost is the difference in overall production costs caused by creating or producing one more unit. To calculate marginal cost, deduct the change in production expenses from the change in quantity. An organization must understand when it may achieve economies of scale in order to maximize output and overall operations. This is what marginal cost analysis aims to achieve. If the marginal cost of producing one additional unit is less than the price per unit, the producer could make a profit.

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The substitution effect of a change in the price of bananas refers to the way in which a change in the Group of answer choices relative price for bananas changes demand for them price of bananas affects the ability to buy them price of a substitute affects the demand for bananas price of a substitute affects the quantity demanded of bananas the relative price of bananas changes the quantity demanded of bananas

Answers

The substitution effect of a change in the price of bananas refers to the way in which a change in the relative price of bananas changes the quantity demanded of bananas.

The substitution effect is the decline in sales of a product that results from customers switching to less expensive substitutes when the price of the product increases. Although there are numerous possible reasons why a product loses market share, the substitution impact is only a reflection of thriftiness. A brand's price increase may cause some customers to choose a less expensive substitute. Many consumers will eat more chicken if beef costs rise.

The substitution effect is the decline in sales of a product that results from customers switching to less expensive substitutes when the price of the product increases.

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Which of the following interest-free loans would result in imputed interest between the parties to the loan when the federal rate is 5%?George borrows $12,000 from his employer, Pelican Fisheries, Inc., to pay education expenses for his daughter, and George has investment income in the same year of $330.Carla lends her friend, Lois, $8,000 to buy a house generator, and Lois has investment income of $2,200 for the year.Hope borrows $120,000 from her father for an addition to her home. Hope has $4,600 in investment income in the same year.Prakash lends his wife, Smita, $50,000 to start a small business from home

Answers

Option D is the correct option.

Gift loans cover loans between friends and family, but not between couples. Additionally, loans under $10,000 will not be subject to this rule as long as they are not for assets that generate revenue.

You could decide to lend money to a relative who is beginning a company. It's a good idea to document and arrange any loans you consider giving to family members so that everyone is on the same page. You understand what is best for your family, in any case.

In most situations, a "loan" that the IRS regarded as a gift will not require you to pay taxes. Only when your lifetime donations to all recipients surpass the lifetime gift tax exception do you become liable for gift taxes. That cap is $11.7 million for tax year 2021 (rising to $12.06 million in 2022). That indicates that most individuals are secure.

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Note the correct question would be as bellow,

Which of the following interest-free loans would result in imputed interest between the parties to the loan when the federal rate is 5%?

A)George borrows $12,000 from his employer, Pelican Fisheries, Inc., to pay education expenses for his daughter, and George has investment income in the same year of $330.

B)Carla lends her friend, Lois, $8,000 to buy a house generator, and Lois has investment income of $2,200 for the year.Hope borrows $120,000 from her father for an addition to her home.

C)Hope has $4,600 in investment income in the same year.

D)Prakash lends his wife, Smita, $50,000 to start a small business from home

You have entered the annual Turkey Dash 5K race. Halfway through, your muscles are burning and you felt as if your legs were going to give out. What happens in your body to help you get to the finish line

Answers

Answer: motivation

Explanation: mentality

For FUTA purposes, an employer can be any one of the following except: A) an individual. B) a partnership. C) a trust. D) a corporation. E) All of the above

Answers

For FUTA purposes, an employer can be any one of the following except: All of the above.

Employer and managerial control exists in an organization on many levels and has an equal impact on both the workforce and productivity. The crucial link between intended results and actual operations is control. Employers must strike a balance between goals like lowering pay limits and maximizing labor productivity in order to maintain a lucrative and healthy working relationship.The most common ways for companies and job seekers to find one another are online job boards and job postings in newspapers (via classified advertising). Another popular technique for connecting companies and job seekers is through professional recruitment consultants, who are compensatedemployer by the company on a commission basis to find, evaluate, and select appropriate individuals.

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A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be

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A property owner must spend $10,000 to pave his driveway. Upon completion of construction, his property value will increase by $7,500. In this case the deficiency would be considered to be Incurable deterioration.

Even if repairs were done, a sort of depreciation known as incurable deterioration would still be there. Simply said, there is no economic benefit to fixing the item(s) because the expense of repair would be more than the value it would add.

When the cost of fixing a building structure's component exceeds the value of the structure, making the repair uneconomical. For instance, an ancient house's foundation had to be renovated because of significant settling. The constant evolution of cellphone and smartphone technology is another illustration of functional obsolescence in the technology sector.

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Jessica has an insurance policy that will pay her an annual annuity of $590 at the end of each year for a total of 8 consecutive years. However, the terms of the policy are such that the annuity's first payment will not be made until the end of year 4. Determine the present value of Jessica's policy if the interest rate is 3%.

Answers

Present value of Jessica's policy after the end of year 4 with interest rate of 3% is $2,193.09

PV Ordinary Annuity = C × [ 1 - ( 1 + i ) ⁻ⁿ / i ]                                                      C = Cash flow per period (payment amount), i = Interest rate, n = Number of payments

= 590 × [ 1 - ( 1 + 0.3) ⁻⁴ / 0.3]

=  2,193.09

The worth of an anticipated income stream assessed as of the date of valuation is known as present value (PV), sometimes known as present discounted value. Due to the ability of money to generate interest, or the time value of money, the present value is often less than the future value, with the exception of periods when interest rates are zero or negative, in which case the present value will be equal to or greater than the future value. The shortened expression "A dollar today is worth more than a dollar tomorrow" can be used to explain time value. 'Worth more' here denotes that it is worth more today than it will be tomorrow.

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The date that SIPC uses to value securities for purposes of insurance coverage limits is the date that the:

Answers

The filing date by SIPC to serve as the trustee in the failing broker-bankruptcy dealer's is the valuation date for coverage purposes in a SIPC liquidation.

Insurance recovery from unforeseen catastrophes like vehicle accidents or the death of an adult family supporter is made possible for customers by insurance coverage. The insured person pays an insurance company a premium in return for this coverage. Insurance pricing and coverage are frequently influenced by a number of variables. The insurance business manages risk through premiums. An insurance provider can reduce the risk by raising the premium when there is a larger chance that they will have to pay money toward a claim. For instance, most insurance companies charge younger male drivers more premiums because they believe that they are more likely to get in an accident than, say, a middle-aged married guy with years of driving experience.

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the table gives data for a nation. what is the amount of the country's gdp?

Answers

The table gives data for a nation. what is the amount of the country's gdp 6200 billion.

In the pursuit of knowledge, data (pronounced "daet" in the US and "det" in the UK) can describe quantity, quality, fact, statistics, other fundamental units of meaning, or just plain sequences of symbols that can be further understood. A datum is a specific value that can be located in a group of data. In order to provide data greater context and meaning and to enable its usage as data in other, larger structures, it is typically structured into tables or other structures. Data can be used in calculations as variables. [1] [2] Data can reflect both precise measurements and ambiguous ideas. [3] Research, economics, and pretty much every other field use data frequently.

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While the company’s strategy sets forth an approach to offering superior value, a company’s business model is management’s blueprint for delivering a valuable product or service to customers in a manner that will yield an attractive profit. In this exercise you will be asked to evaluate the business model for SiriusXM

Answers

Yes, there has been an improvement in the cost structure form 71% for 2016 to 69.55percentage points in 2017. Therefore, its profit margin has already been expanding and is at an acceptable level.

How is profit margin determined?

Simply deducting the expenses supplied (COGS) from the entire revenue of the company and dividing the result by the total revenue, you can quickly ascertain the profit margin of the company. To convert that amount to a percentage, multiply it by 100.

What is an acceptable profit margin?

Industry-specific net profit margins range from 20% to 5%, with 5% being low or poor, 10% being normal, and 20% being good, based on the Corporate Finance Institute. Companies can pay their expenses and get an amount of profit when they have healthy profit margins.

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An engineer has recently purchased a new piece of equipment to use in analyzing geological formations. The equipment has no maintenance costs the first year due to a one year's free maintenance warranty. In the second year, it is expected to cost $20 to maintain the equipment and in subsequent years the cost of maintenance will increase by $20 per year (i.e. maintenance cost is $40 in year three, $60 in year four, and so on). Approximately what amount must be set aside now at 9% interest to pay the cost of maintaining the equipment over the first six years of ownership

Answers

$220 amount must be set aside now at 9% interest to pay the cost of maintaining the equipment over the first six years of ownership.

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Business interest approach any direct or oblique prison or useful hobby (whether or not as a proprietor, lessor, investor, or otherwise) in any character, including, without a predicament, any equitable or possession interest in such person or any ownership interest in any inventory, real or non-public assets or assets of such man or woman and shall similarly consist of the investment in, acquisition of or established order of any commercial enterprise related to the transportation of freight, whether or not as an agent, proprietor/operator, broking or otherwise.

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Complete Question:

An engineer has recently purchased a new piece of equipment to use in analyzing geological formations. The equipment has no maintenance costs the first year due to a one year's free maintenance warranty. In the second year, it is expected to cost $20 to maintain the equipment and in subsequent years the cost of maintenance will increase by $20 per year (i.e. maintenance cost is $40 in year three, $60 in year four, and so on). Approximately what amount must be set aside now at 9% interest to pay the cost of maintaining the equipment over the first six years of ownership

A). $298

B). $207

C).$220

D).$269

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