The investor begins with $50,000 and wishes to know which investment plan maximizes the amount of money that can be accumulated by the beginning of year 6. Formulate the linear programming model for this problem.
Answer:
Linear programming model is 1.90 C2 + 1.70 B3 + 1.40 A4 + 1.30 D5
Explanation:
a. Decision Variables:
At = Money invested to A in t years ---- (t = 1,2,3,4)
Bt = Money invested to B t years ---- (t = 1,2,3)
C2 = Money invested to C in year 2 ----
D5 = Money invested to C in year 2 ----
R2 = Money not invested in t years ---- (t = 1,2,3,4)
b. Constraints
i) Equalities year wise
A1 + B1 +R1 = 50000 -------> Year 1
A2 + B2 +R2 = R1 -------> Year 2
A3 + B3 +R3 = 1.4 A1 + R2 -------> Year 3
A4 + R4 = 1.4 A2 + 1.7 B1 + R3 -------> Year 4
D5 = 1.4 A2 + 1.7 B2 + R4 -------> Year 5
ii) Non- Negative Constraints
At > 0 for t = 1,2,3,4
Bt > 0 for t = 1,2,3
C2 > 0
D5 > 0
Rt > 0 for t = 1,2,3,4
iii) Objective function will be = 1.90 C2 + 1.70 B3 + 1.40 A4 + 1.30 D5
B.)mixed
C.)communist
D.)capitalist
Answer:
The answer is mixed economy (option B)
Explanation:
When a government (public sector) and private individuals (private sector) exercise control over an economy, such economy is said to be a mixed economy.
In this kind of economy, the government sets up basic industries, provides social welfare, energy, free transportation e.t.c. On its part, the private sector develops small scale industries and consumer goods industries. Both sectors are regulated by the government which also encourages their growth.
2. service intangibility
3. service perishability
4. service distinction
5. service variability
Answer:
service intangibility
Explanation:
Based on the information provided within the question it can be said that the characteristic of service that is being highlighter is service intangibility. This term refers to the fact that many companies providing a service do not have any physical assets or attributes that the customer can see and decide whether what they are getting is worth the money or not. Travel agencies are such a service, since you cannot physically see the service they are providing and must depend on other customer's experiences in order to make a decision on whether to buy the service or not.
Tristan and Juliet were dependent on service, which was intangible for them, when they relied on feedbacks and reviews.
A service is reception of a facility or any other such provision in exchange for monetary returns to the one who serves. A service is an intangible commodity.
Hence, option 2 holds true regarding service.
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To be successful, an entrepreneur must be willing to invest money, considerable effort, and "time".
An entrepreneur is a person who, as opposed to functioning as a worker, establishes and maintains a private company, expecting every one of the dangers and prizes of the endeavor. The business visionary is generally observed as a pioneer, a wellspring of new thoughts, merchandise, administrations and business/or techniques.
Entrepreneurs assume a key role in any economy. These are the general population who have the right stuff and activity important to foresee present and future needs and put up great new thoughts for sale to the public.
b. $219,705
c. $261,357
d. $230,501
Answer: Option (d) is correct.
Explanation:
Given that,
Net Income = $252,327
Depreciation expense = $21,821
Accounts Receivable increased by = $14,346
Inventory increased by = $33,617
Prepaid Expenses decreased by = $3,079
Accounts Payable decreased by = $4,161
Loss on the sale of equipment = $5,398
Operating Income = Net Income + Depreciation expense - Accounts Receivable - Inventory + Prepaid Expenses - Accounts Payable + Loss on the sale of equipment
= $252,327 + $21,821 - $14,346 - $33,617 + $3,079 - $4,161 + $5,398
= $230,501
Answer:
$4,000
Explanation:
Sam's gross income from this transaction can be calculated by subtracting the price of the car and the tractor from the cost basis of the land.
Sam's gross income = cost basis of land - price of car and tractor = $20,000 - $16,000 = $4,000
In this case Sam's gain should be considered capital gains since it is a gain made from the selling investments that are held for more than 1 year.
The gross income from the transaction where Sam traded his land (originally bought for $16,000) for a tractor and car (worth $20,000) would be $4,000. This is calculated by subtracting the initial purchase price of the land from the market value of items received in return.
Based on the information given in your question, it seems like we're trying to calculate the gross income that resulted from Sam's sale of land. Gross income is essentially the net sales minus the cost of goods sold; in this case, the 'goods' are the land. So, you simply subtract Sam's original purchase price of the land ($16,000) from the later sale price (or market value) of the car and tractor he got in exchange ($20,000)
So, you calculate it as follows:
Therefore, Sam's gross income from this whole transaction is $4,000.
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