You are interested in buying a house and renting it out. you expect to receive a monthly net income of $1400 from rent. you then expect to sell the house for $336,000 at the end of 53 months. if your discount rate on this investment is 9% (compounded monthly), how much is this property worth to you today? assume that you receive rent at the beginning of each month and you receive the first rent the same day you purchase the property. round to the nearest cent.

When you hire an independent contractor you don't have to pay the contractors what

Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:

In a perfectly competitive market, the long-run market supply curve tends to be horizontal or nearly so. what is another way to state this fact? (a) market supply is much more elastic in the long run than the short run. (b) in the long run, average total cost is minimized. (c) in the long run, price equals marginal cost. (d) market supply is much less elastic in the long run than the short run.