answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
matrenka
9 days ago
11

Demco Products, a company that manufactures stainless steel control valves, has a fund for equipment replacement that contains $

500,000. The company plans to spend $85,000 each year on new equipment.
Required:
Estimate the number of years it will take to reduce the fund to zero at an interest rate of 9% per year.
Business
1 answer:
Free_Kalibri [3.4K]9 days ago
5 0

Response:

The result is 20.5 years.

Clarification:

Assuming compound interest, the spending increase on equipment with a 9% annual rate reveals that in the 20th year, $476,374 will be spent on equipment, and in the 21st year, $519,248. Therefore, by the transition between the 20th and 21st years, funding for equipment will be depleted.

I trust this response assists you.

You might be interested in
Which analogy best represents the relationship between jobs and careers?
Scilla [3553]

Response:

A career can be likened to a "building block," whereas a job can be compared to a "castle or a tower"

8 0
19 days ago
Read 2 more answers
In a team that follows agile, how would a team member know what others are working on? 1. The Product Owner and the Facilitator
Free_Kalibri [3489]

Answer:

Option 3 is the correct choice.

Explanation:

  • An agile operational framework aligns with their working methods, indicating that the guidelines, similar to other operational models, are not fixed across all scenarios but adapt according to the context during research.
  • For comprehensive marketing, the principles are also not rigid and primarily focus on design criteria.

The other options presented do not correspond with the specified scenario. Thus, Option 3 is the superior selection.

8 0
1 month ago
Of the approaches to pursuing international markets, developing a ________ involves the greatest commitment and risk. joint vent
arsen [3236]

Answer:

D. Foreign Subsidiary

Explanation:

A Foreign Subsidiary is a firm that's either partially or fully owned by a larger corporation headquartered in a different nation. This indicates that the company did not organically establish development or begin operations in the nation where it operates. Establishing foreign subsidiaries is a key method for entering international markets, which entails significant risk and commitment compared to other methods listed in the question, due to considerations like costs and time for setting up a foreign subsidiary, compliance issues, tax obligations, immigration regulations, and securing office space and employee accommodations. These factors are less of a concern in joint ventures, strategic alliances, or franchising when seeking to enter international markets.

8 0
1 month ago
Ben is assigned by his employer to improve an ultrasonic range-finding device. While working on the improvement, he recognizes t
soldi70 [3444]

Answer:

1. He has yet to advance the concept

2. His boss is aware of his pacifist beliefs, so Ben faces the dilemma of whether it is ethically sound to create a product potentially usable for warfare.

Explanation:

In this case, Ben has entered into a contract with his employer stating that all concepts he formulates during his employment are owned by the company.

Such agreements are standard practice and grant companies rights over the innovations created by their staff.

Despite this, Ben's pacifism presents an ethical conflict as he contemplates an idea that might turn an ultrasonic range-finding device into a weapon.

He defends his stance by asserting that no development on this idea has occurred and believes his employer will not press him to work on such technology given his pacifist views.

7 0
13 days ago
The flynn company began the period with $15,000 worth of raw materials. during the period it purchased an additional $17,000 wor
Free_Kalibri [3489]
I believe the response is 38,000.
7 0
15 days ago
Read 2 more answers
Other questions:
  • The downward slope of the demand curve again illustrates the pattern that as _____________ rises, _________________ decreases.
    5·2 answers
  • When the price of a movie ticket rises from $6 to $8 for senior citizens, Gary (a senior citizen) decides to go to the movies ev
    5·1 answer
  • Harry and Meghan have considered starting their own business but are concerned about the possibility of losing even their person
    15·1 answer
  • Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, in
    13·1 answer
  • You are working in an open-plan office. the workstations are badly arranged. you do not have sufficient space to store everythin
    8·1 answer
  • A year ago, MC Hammer Company had inventory in Britain valued at 240,000 pounds. The exchange rate for dollars to pounds was 1£
    10·1 answer
  • Halifax Manufacturing allows its customers to return merchandise for any reason up to 90 days after delivery and receive a credi
    10·1 answer
  • "I am thinking about decentralizing, allowing employees lower in the organization to make more decisions. When does decentralizi
    8·1 answer
  • According to an article in marketing news, fewer checks are being written at grocery store checkout stands than in the past. to
    8·1 answer
  • Suppose you are running a carnival. You are selling hamburgers and sodas. A hamburger is $1.75 and a soda is .75. You expect to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!