You are considering a gradual expansion of your restaurant's square footage. Three tables per year will increase your profits by 4% per year. Your current yearly profit is $135,000. What will your annual profit be after 5 years?
a) $138,909
b) $155,344
c) $164,248
d) $188,125

Answers

Answer 1

Answer:

Annual profit after 5 year = $164,248 (Approx)

Explanation:

Given:

Current year profit P = $135,000

Growth g = 4 % = 0.04

Number of year n = 5 year

Find:

Annual profit after 5 year

Computation:

Annual profit after 5 year = P(1+g)ⁿ

Annual profit after 5 year = 135,000(1+0.04)⁵

Annual profit after 5 year = $164,248 (Approx)

Answer 2

Answer:

C) $164,248

Explanation:

None, I did the quiz and that was the answer


Related Questions

Where can a client identify the instant deposit options for their QuickBooks Payments account?

Answers

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

Outline and discuss the major categories of reimbursements and costs in a health care organization. How do they influence each other

Answers

Answer:

In healthcare organisations, main compensation and expense divisions focus on where they are utilised; there's many various types of entities, including such: profits, non-profit as well as residential. Stockholders of benefit organisations on the company and earn income from them.

Non-profit agencies raise revenue from their patient/consumer programmes and are prohibited from collecting tolls. In private coverage, the organisation department will supply the healthcare professional with direct payment.

The category of service user, such as as someone who spends with his own funds and someone who uses  different private programmes available in market.

A colleague at work learned that your company, an industrial supply company, has been offering kickbacks to purchasing officers to secure contracts. She asks you whether she should do anything. What step do you suggest she take

Answers

Answer:

In simple words, the given case relates to business ethics. As per the normal rules and guidelines the manager should immediately respond to his or her supervisor in case any conflict of ethics comes into play.

Direct reporting to regulatory authorities or taking any legal action might lead to image degradation of the corporation. However if no action is taken by the supervisor of the manager after the complaint the subject manager should correspond to the legal authorities.

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest will provide $1000 in the first year, and will grow by 7% per year, forever. If the interest rate is 11%, how much must Martin provide to fund this bequest

Answers

Answer:

$25,000

Explanation:

Calculation for how much must Martin provide to fund this bequest

Using this formula

Value provided to fund bequest= First year Cash flow /(Interest rate-Growth rate)

Let plug in the formula

Value provided to fund bequest=$1,000/(0.11-0.07)

Value provided to fund bequest=$1,000/0.04

Value provided to fund bequest=$25,000

Therefore the amount that Martin must provide to fund this bequest is $25,000

Blaine is not able to take an adjustment to income for: a. Lodging and meals b. Travel to/from duty station c. Uniforms d. Both a and b

Answers

Answer:

b. Travel to/from duty station

Explanation:

The IRS allows certain tax deductions, e.g. uniforms that are different to everyday normal clothes can be tax deductible, and lodging and meals when traveling for business purposes are also tax deductible. But commuting expenses, e.g. what you spend going to work every day is not tax deductible.

Which of the following statements is normative? Group of answer choices Congress gives certain business corporations tax breaks. Tax breaks can lead to additional production. Tax breaks can change corporate behavior. Congress gives too many tax breaks to corporations.

Answers

Answer: Congress gives too many tax breaks to corporations.

Explanation:

Normative statements are said to be statement of opinion and not fact.

Option D is therefore a normative statement because it is the opinion of the speaker that congress gives too many tax breaks because from a neutral standpoint, it cannot be said with certainty the number of tax breaks that will be considered too much.

The other options are statements of fact.

2008 crisis question.

Answers

Answer:

The correct answer is D.

Explanation:

The Great Recession was an almost global recession that began around 2007 and peaked in 2009. The recession was triggered by various factors, in particular the bursting of a property price bubble in the USA and the associated financial crisis from 2007 and the banking crisis, which was later followed by sovereign debt crises such as the Greek sovereign debt crisis. In addition, there were hunger crises in poor countries.  At the start of the crisis there were several negative announcements about the mortgage system of the United States of America; the crisis stemmed from what became known as 'toxic lending', the greed of companies to make a profit and to give mortgages to people who could not afford to pay it back. This housing crisis, known as the Subprime mortgage crisis, spread worldwide.

Suppose a stock has an initial price of $71 per share, paid a dividend of $1.75 per share during the year, and had an ending share price of $88. Compute the percentage total return.

Answers

Answer:

Total return = 26.4%

Explanation:

Given:

Initial price = $71 per share

Dividend = $1.75 per share

Ending share price = $88

Compute:

Percentage total return

Computation:

Total return = [Ending share price + Dividend - Initial price)/Initial price

Total return = (88 + 1.75 - 71) / 71

Total return = 26.4%

Discuss how expatriates experience reverse culture shock in the repatriation process. What can companies do to help expatriates continue to be part of their home communities? If you were going through the repatriation process, what would you want the company to do for you and your family?

Answers

Answer:

fvsvfdc

Explanation:

One of the main tools used by economists to measure the actual distribution of income in an economy is:

Answers

Answer: Lorenz curve

Explanation:

One of the main tools used by economists to measure the actual distribution of income in an economy is known as the Lorenz curve.

The Lorenz curve Lorenz curve is a graph that shows the inequality witybrwgrds to the income and wealth distribution for a particular economy. The x-axis on the graph shows the population, while the y-axis shows the wealth.

Lawn Master Company, a manufacturer of riding lawn mowers, has a projected income for the coming year as follows: Sales $ 36,000,000 Operating expenses: Variable expenses $ 19,800,000 Fixed expenses 8,100,000 Total expenses 27,900,000 Operating profit $ 8,100,000 Required: 1. Determine the breakeven point in sales dollars. 2. Determine the required sales in dollars to earn a before-tax profit of $9,135,000. (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) 3. What is the breakeven point in sales dollars if the variable expenses increases by 9%

Answers

Answer:

Lawn Master Company

1. Break-even point in sales dollars:

= $18,000,000

2. Required sales in dollars to earn a before-tax profit of $9,135,000:

= $38,300,000

3. The break-even point in sales dollars if the variable expenses increases by 9%:

= $20,224,719

Explanation:

a) Data and Calculations:

Sales                            $ 36,000,000

Operating expenses:

Variable expenses       $ 19,800,000

Contribution margin     $16,200,000

Fixed expenses                 8,100,000

Total expenses               27,900,000

Operating profit             $ 8,100,000

Contribution margin ratio = $16,200,000/$36,000,000 * 100 = 45%

Break-even point in sales dollars = Fixed cost/Contribution margin

= $8,100,000/0.45 = $18,000,000

Break-even point in sales dollars to earn a before-tax profit of $9,135,000

= (Fixed cost + target profit)/Contribution margin ratio

= ($8,100,000 + $9,135,000)/0.45

= $17,235,000/0.45

= $38,300,000

Break-even point in sales dollars if the variable expenses increase by 9%

Increased variable expenses = $21,582,000 ($ 19,800,000 * 1.09)

Contribution margin will reduce to $14,418,000 ($36,000,000 - $21,582,000)

Contribution margin ratio = $14,418,000/$36,000,000 * 100 = 0.4005

Therefore, break-even point in sales dollars = Fixed cost/0.4005

= $8,100,000/0.4005

= $20,224,719

Compare and Contrast the four current perspectives of organizational effectiveness.

Answers

Explanation:

The four current perspectives of organizational effectiveness are the ability that a company has to acquire knowledge, use, share and keep.

In the globalized and competitive business scenario, the organizations that stand out and are well positioned are those that know how to use their resources most effectively, extracting knowledge from each organizational resource that will provide subsidies for the continuous improvement of all organizational systems.

A company can acquire knowledge through experience in the market, consulting, training, benchmarking, interactions, technologies, etc., and through this acquired knowledge it is necessary to use it in line with organizational objectives and goals and also having the responsibility that its actions and strategies will impact directly in the internal and external environment, so knowledge will align the company and its values ​​with the values ​​of its stakeholders.

Knowledge sharing is also essential for companies to manage human resources and transmit the values, policies, procedures, etc. to their workforce, which will guide the work and create an organizational climate favorable to individual and team development. job.

Storing information can be understood as meaningful and learned values ​​for companies that are valuable for their effectiveness and compliance with strategies.

It is ideal that companies adapt to new technologies and market trends, seeking to satisfy their stakeholders, exercise corporate governance and manage processes in search of continuous improvement.

Standard Deviation (%) R 2 Beta Standard Error of Beta TDM 13 0.49 0.83 0.11 LLW 21 0.01 0.21 0.25 What proportion of each stock's risk was market risk, and what proportion was specific risk

Answers

Answer:

Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.  

Answer is explained in the explanation section.                                                                              

Explanation:

Solution:

Data Given:

This question is about the two well known Canadian Stocks namely:

1. Toronto Dominion Bank

2. Research in Motion.

Data For Toronto Dominion Bank:

For answering about the proportion of risk involved in each of stocks, we just need the value of [tex]R^{2}[/tex].

Note: These values are not from this question, as this question is incomplete and lacks necessary data. So, in order to solve this question and deliver you the main concept. I have chosen some random values.

[tex]R^{2}[/tex]  value for TDB = 0.77

[tex]R^{2}[/tex] value of 0.77 means, 77% of the risk is derived from the market movements. So we can say it as this 0.77 or 77% of proportion for Toronto Dominion Bank is of market risk.

Generally speaking, in market risk there is the probability that people will lose their investments due to the factors that create negative impacts on the market.

Whereas, specific risk is totally opposite to market risk and people specific to any company or group may experience losses but not the whole market, which is the case in market risk.

Where as, remaining 0.23 or 23% of the risk is unique risk or specific risk.

Similarly for the other stock:

[tex]R^{2}[/tex] value for Research in Motion = 0.44

[tex]R^{2}[/tex] value of 0.44 means 44% of the risk is derived from the movements of the market or it is market risk. On the other hand, remaining 0.66 or 66% of the risk is specific risk or unique risk.

Opportunity cost occurs because of a producer’s need to

limit resources.
protect resources.
allocate resources.
spend resources.
Mark this and return

Answers

Answer:

allocate resources.

Explanation:

Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.

Opportunity cost is measured by calculating the value of the next best alternative.

Answer:

C On Edge Jan 2021

Explanation:

What would you feel is an appropriate amount of business clothing for your cousin to own in order to succeed at their job

Answers

Answer: For seeking a job a formal dressing is required.

Explanation:

Formal dressing is appreciated for job interview. The job interview require a business attire. For women a business suit, shirt and pants, or statement dress are recommended. For men business suit, shirt along with tie and pants are recommended. The cleanliness and well ironed dress are recommended. The way one handle the dress is also taken into consideration the dress should not be extra tight or loose which can negatively affect the impression on the employers.

Do “rules of the game” promote or prevent opportunism?

Answers

Answer:

promote I think

If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate:________

Answers

Answer: B. $10,000 of new money.

Explanation:

If the reserve ratio is 5 percent, then $500 of additional reserves would ultimately generate $10,000 of new money. Thus, option B is correct.

 

What is reserve ratio?

Capital requirements are rules established by central banks that specify the minimal volume of liquid assets that a financial institution must retain. The amount of reservable obligations as commercial banks must keep onto but instead of lend outside or reinvest is known as the reserve ratio.

The sum of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen departures is known as the deposits. The central bank uses margin requirements as little more than a tool to alter the amount of cash in the system and affect lending rates.

The formula will be derived as the

(Additional reserve/ rate or the percent) * 100

= ( 500 / 5) 100

= 10000

Therefore, option B is the correct option.

Learn more about reserve ratio, here:

https://brainly.com/question/14276095

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The question is incomplete, the complete question will be:

A. $10,500 of new money.

B. $10,000 of new money.

C. $9,500 of new money.

D. $2,500 of new money.

itemise the importance of marketing in an economy

Answers

Answer:

Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.

a manfucturing firm is considering two locations for a plant to producr a new product. Location A has a foxed cost of 80,000 and a variable cost of 20 per unit where should the plant be located

Answers

Answer: 15,000 units

Explanation:

The annual output that would make them indifferent is the one that would equate both costs.

Assume that output is x.

80,000 + 20x = 140,000 + 16x

20x - 16x = 140,000 - 80,000

4x = 60,000

x = 60,000/4

x = 15,000 units

Another way of looking at values is what a person feels is _____________ or _____________.
a.
right; wrong
b.
expensive; cheap
c.
silly; serious
d.
fun; boring

Answers

Answer:

A.

right or wrong

Explanation:

Another way to look at values is to consider what a person believes to be right or wrong. Option A is correct.

What is the significance of values?

The consciousness of right and wrong is indicated or shown in our values. They support in our growth and improvement. The values support all the peoples in shaping the future desire. Every decision we create every day reflects our values.

Therefore, option A correct.

To learn more about the values, refer to:

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In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros.Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of __________ in eight years.

Answers

Answer: D.)  1.22

Explanation:

Price in 2010 = €126,000

Price in 2018 = €154,000

Increase = 154,000/126,000

= 1.22

i need help in accounts

Answers

What do you need help with

Build a schedule for the following staffing requirements, giving workers two consecutive days off per cycle (not including Sunday). Assume that 4 days of work is full time.

Day Mon Tue Wed Thu Fri Sat
Staff needed 3 4 2 3 4 5

Answers

Answer:

Explanation:

The following process is used to schedule staffing requirements.

Start appointing workers in a way that two days contain the lowest amount of staff required are designated first.

Then, we minus 1 from each cell except for the selected pair of days.

After that, we lookout for pairs of days that contain the least amount of staff requirements.

We will then repeat the above process until the staffing requirements are fully met.

OUTPUT:

[tex]\ A\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ B\ \ \ \ \ \ \ \ \ \ \ C\ \ \ \ \ \ \ \ \ \ \ D\ \ \ \ \ \ \ \ \ \ \ E\ \ \ \ \ \ \ \ \ \ \ F\ \ \ \ \ \ \ \ \ \ \ G[/tex]

[tex]1 \ \ \ \ Day \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Mon \ \ \ \ \ \ \ \ \ \ \ Tue \ \ \ \ \ \ \ \ \ \ \ Wed \ \ \ \ \ \ \ \ \ \ \ Thur \ \ \ \ \ \ \ \ \ \ \ Fri \ \ \ \ \ \ \ \ \ \ \ Sat[/tex]

[tex]2 \ \ \ \ Staff \ needed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

[tex]3 \ \ \ \ Worker \ 1 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ \mathbf{2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]      

[tex]4 \ \ \ \ Worker \ 2 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \mathbf{ 2 \ \ \ \ \ \ \ \ \ \ \ 3} \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]5 \ \ \ \ Worker \ 3 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3[/tex]    

[tex]6 \ \ \ \ Worker \ 4 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ \mathbf{1 \ \ \ \ \ \ \ \ \ \ \ 2} \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2[/tex]

[tex]7 \ \ \ \ Worker \ 5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \mathbf{0 \ \ \ \ \ \ \ \ \ \ \ 1}[/tex]

[tex]8 \ \ \ \ Worker \ 6 \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1 \ \ \ \ \ \ \ \ \ \ \ 0 \ \ \ \ \ \ \ \ \ \ \ 1[/tex]

[tex]9 \ \ \ \ No \ working^* \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 2 \ \ \ \ \ \ \ \ \ \ \ 3 \ \ \ \ \ \ \ \ \ \ \ 4 \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

10    *count the number of workers after excluding highlighted cells and 0 values.

Day      Minimum number of workers needed

[tex]Mon \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]

[tex]Tue \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]Wed \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2[/tex]

[tex]Thur \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3[/tex]

[tex]Fri \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4[/tex]

[tex]Sat \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 5[/tex]

How does an understanding of management and organizational behavior lead to organizational effectiveness and efficiency

Answers

Answer: Understanding the organizational behavior and management can lead to effectiveness and efficiency.

Explanation:

Each and every organization have a proper set of rules and regulations that helps in running the organization effectively.

The goals can be achieved only when the organizational behavior and management is made clear to the employees.Understanding the work make the work done in a effective manner.

The efficiency of the organization is increased by doing the work with the better understanding of the management and organizational behavior.

Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $4,300 and a fair market value of $15,000. Kelsey will invest a building with a book value of $34,600 and a fair market value of $57,600. What amount will be recorded to Kelsey's capital account

Answers

Answer: $57600

Explanation:

The capital account of a business indicates the net worth it that particular business. The fair value of an asset brings about an increase to the capital account.

In this scenario, the amount that will be recorded to Kelsey's capital account will be her fair market value of the building which is $57,600.

If there is no written designated agency relationship, a client of Meramac Realty has what kind of relationship with Meramac

Answers

Answer: c. A nonagency relationship with everyone in the office.

Explanation:

For an agency relationship to exist in the eyes of the law, there must be a contract with a written designated agency relationship between the client and Meramac Realty.

With no such contract in existence, the law recognizes no agency relationship between Meramac and any of its affiliates with the client. There is therefore a non-agency relationship with everyone in Meramac.

Tenpenny Tower was built in 1985. However, the building has been constantly maintained and remodeled. In valuation terms, the building's _________ age is greater than the building's _________ age.

Answers

Answer: effective age, chronological age

Explanation:

Effective age is the estimate of the age of a particular structure which is typically based on the condition and the utility of such structure.

Chronological age has to do with the amount of time from the day the building was constructed to the present age.

What do you have to do to learn and be a pilot

.1 learn to play radio

2. Learn to fly

3 learn to fly and land and set off


SO EASY

Answers

Answer:

All of the above (That is to regulations)

Explanation:

Although if you had to choose one it would be 3. learn to fly, land and set off.,

Suppose a consumer had a budget of $125. The price of Good X is $5 and the price of Good Y is $7.50. Calculate value of the x-intercept of the budget line.

Answers

Answer:

The value of the x-intercept of the budget line is 25.

Explanation:

Based on the question, the budget line equation is as follows:

X5 + Y7.5 = 125 ......................... (1)

Where;

X = Unit of commodity X or value of the x-intercept of the budget line

Y = Unit of commodity Y or value of the y-intercept of the budget line

To calculate value of the x-intercept of the budget line, we assume that Y = 0. Substituting Y = 0 into equation (1) and solve for X, we have:

X5 + (0 * 7.5) = 125

X5 = 125

X = 125 / 5

X = 25

Therefore, the value of the x-intercept of the budget line is 25.

Veronica earns $60,000 per year. Matt's yearly income is $37,000. In a progressive tax system,
O Veronica will pay less income tax and Matt will pay more
O Veronica and Matt will pay the same amount of income tax
O Veronica will pay more taxes and Matt will have a government flat tax rate this year
O Veronica will pay more taxes and Matt will pay less taxes to the government

Answers

Answer:

Veronica will pay more taxes and Matt will pay less taxes to the government

Explanation:

In a progressive tax system, the percentage rate of taxation increases as the income rises. It means that individuals with a high income will be taxed at a higher tax rate than low-income earners. A progressive tax rate is based on an individual income level; the higher the income, the higher the tax rate.

Veronica earns more than Matt. Under the progressive tax system, veronica will be taxed at a higher rate than Matt. Therefore, veronica will pay more taxes than Matt.

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