Acme, Inc., produces widgets. To manufacture a new type of widget, it took 73 hr for the first widget. Acme estimates it has an 88% learning rate. Using the logarithmic approach, calculate the time it will take to manufacture the 109th widget.

A. 31.24 hr
B. 34.86 hr
C. 30.81 hr
D. 32.90 hr


D. 32.90 hr

Business

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During its fifth year of operations, Bright Creations Company reports a beginning cash balance of $132,000, cash inflows from investing activities of $210,000, cash outflows for financing activities of $79,000, and cash outflows for operating activities of $13,000 . What was Bright Creations' cash balance at the end of the fifth year?

a. $ 250,000 b. $ 434,000 c. $ 276,000 d. $ 132,000

Business

Generally, we can assume that the higher the GNI/capita value

A. the larger the population. B. the lower the tax rate. C. the smaller the population. D. the higher the growth rate. E. the more advanced the economy.

Business

Under Article 9 of the UCC, a pledge is:

a. the delivery of personal property to a creditor as security for the payment of a debt. b. a requirement that the secured party and the debtor agree to certain collateral. c. an equipment transfer before a forced sale. d. a form of indispensable paper.

Business

The ________ method of capital budgeting is a ratio of the present value of cash inflows divided by the initial investment

A) payback period B) net present value C) internal rate of return D) profitability index

Business