Charles has decided to open a lawn-mowing company. to do so, he purchases mowing equipment for $7 comma 0007,000, buys gasoline ($2.302.30 in gas is required to mow each yard), and pays a $15.0015.00 per yard. prior to opening the lawn company, charles earned $6 comma 0006,000 as a lifeguard at the neighborhood swimming pool. assume the money he used to purchase the mowing equipment could otherwise have earned 11 percent per year in the bank and that the mowing equipment depreciates at 2525 percent per year. charles plans to mow 350350 yards per year. what is charles's implicit of production? charles's implicit cost of production is $nothing per year. (enter your response as an integer.)

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

Compute the cost of not taking the following cash discounts. (use a 360-day year. do not round intermediate calculations. input your final answers as a percent rounded to 2 decimal places.)

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.