which communication objective requires explaining the benefit of a new product relative to other similar products offered by competitors? group of answer choices
Answers
Explaining a new product's advantages in comparison to those of competing, similar items is a goal of communication knowledge .
What exactly is communication knowledge and experience?Knowledge management systems can be thought of as intermediaries who speak with end users and domain experts. We place emphasis on the idea of "communication knowledge," as opposed to the concept of domain knowledge. It is determined that there are three different types of communication knowledge, and research on each of them is provided. Discourse knowledge, mediating knowledge, and domain-related knowledge are these. This frame of reference is used in systems for tutoring, expert critiquing, managing user interfaces in knowledge systems, and acquiring knowledge. We next address how the suggested framework would affect systems that have already been put into use, and we offer a possible future research agenda.
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Related Questions
Reconciling the bank statement monthly is an example of.
Answers
Answer:
Establishment of responsibility.
abc analysis divides an organization's on-hand inventory into three classes based upon part 2 a. unit price. b. the number of units on hand. c. annual demand. d. annual dollar volume.
Answers
ABC analysis is a method that helps an organization classify its inventory into three categories based on their level of annual dollar volume. The correct option is D.
The classification is done by considering different factors such as annual demand, annual dollar volume, and unit price. By doing this, an organization can prioritize its inventory management efforts and allocate resources accordingly. For instance, items falling under the "A" category are high priority items that require close monitoring and management since they represent a high dollar value or high annual demand.
Meanwhile, items in the "C" category are low priority items that have a lower dollar value or lower annual demand. The ABC analysis allows an organization to optimize its inventory levels and avoid excess inventory, which can be costly in terms of storage and obsolescence.
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2. The first draft of the project charter is as follows:
Project Manager
Project Sponsor
Start Date
Project Mission
PROJECT CHARTER
Annual Clothing Drive
Talar Adams
Activities Committee
April 21
Deliver clothes to local shelters
a. Does this charter contain enough information for Talar to get started? Why or why
not?
Answers
Answer:
The charter provides some basic information about the project, such as the project manager, sponsor, start date, and mission. However, it does not provide enough details about the project's scope, objectives, budget, timeline, stakeholders, and risks. Talar needs more information to understand the project's requirements, constraints, and expectations. She also needs to define the project's deliverables, milestones, and success criteria. Without a clear and comprehensive project charter, Talar may face difficulties in planning, executing, and controlling the project, as well as communicating with stakeholders and managing their expectations. Therefore, Talar should revise the project charter to include all the necessary information and obtain approval from the project sponsor before proceeding with the project.
Research shows over 60 percent of variance on performance ratings can be traced to 20 Multiple Choice Skipped o work climate factors individual raters' bioses ооо Individual rate behavior wystem and procedure error
Answers
The 60 percent of variance on performance ratings can be broken down as follows: 20 percent of the variance can be attributed to multiple factors, such as work climate, individual raters' biases, individual rate behavior, and system and procedure error.
What is procedure error?A Procedure Error is an unexpected or undesired outcome that occurs when a computer program does not run as expected. It can result from a coding error in the program, an issue with the hardware, or a problem with the operating system. Procedure Errors can cause the program to crash or freeze, produce incorrect results, or force the program to terminate. They can also lead to system instability, data loss, and security vulnerabilities. It is important to identify the source of the error and take the necessary steps to resolve it. This may involve debugging the code, updating the hardware or software, or making a change to the system configuration.
This leaves 40 percent of the variance to be attributed to other factors, such as individual employee performance.
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Which industry is the second-largest employer of teens
and young people?
What percentage of employed teens are employed by
the government?
I got it
is retail trade
and 7%
Answers
Answer:
I. Retail industry
ii. 7%
Explanation:
Retail industry is the second largest employers of teen and young people next to health sector which is the largest employer.
Retailing involves buying goods either from the producers or wholesaler and selling them to the final consumers. Some services are also offered in these retailing such as call center representative, those who work in innovation lab. etc
In the United States, about 7% of teens and young people are in the employment of government , while retail industry is the largest employer of teen and young people because it provides flexibility and also do not involve much academic qualifications.
Example of these retail jobs are those who work in call center, sales representatives and those who works in stores.
Answer:
Retail Trade
7%
Explanation:
Edge 2020
The Carter Company's bonds mature in 10 years have a par value of $1,000 and an annual coupon payment of $80. The market interest rate for the bonds is 9%. What is the price of these bonds?
A. $935.82
B. $941.51
C. $958.15
D. $964.41
Answers
The market interest rate for the bonds is 9%. What is the price of these bonds is approximately $941.51. Therefore, the correct answer is B.
The price of the bonds can be calculated using the present value of the bond's cash flows. The annual coupon payment of $80 can be treated as an annuity, and the final payment of the par value of $1,000 can be treated as a single payment at maturity. Using the present value formula, and considering a market interest rate of 9% and a 10-year maturity, the price of the bonds is calculated as follows:
Price = (Coupon Payment / (1 + Market Interest Rate)^1) + (Coupon Payment / (1 + Market Interest Rate)^2) + ... + (Coupon Payment + Par Value) / (1 + Market Interest Rate)^10
Price = ($80 / (1 + 0.09)^1) + ($80 / (1 + 0.09)^2) + ... + ($80 / (1 + 0.09)^10) + ($1,000 / (1 + 0.09)^10)
Using financial calculators or spreadsheet functions, the price of the bonds is found to be approximately $941.51. Therefore, the correct answer is B.
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true or false: in most large organizations, buying decisions are made exclusively by members of the purchasing or procurement department, with limited or no input from other employees.true or false: in most large organizations, buying decisions are made exclusively by members of the purchasing or procurement department, with limited or no input from other employees.
Answers
It is untrue that only employees in the procurement or purchasing departments make purchase choices.
Describe organization?An organization is a collection of individuals who cooperate to accomplish definite objectives. It is a society that encompasses all official interpersonal relationships. The purpose of an organization is to divide labor among employees and connect tasks with the overall objective of the business.
What exactly is procurement?In order to support a business's everyday operations, a corporation must engage in a variety of activities, including procuring, negotiating terms, acquiring commodities, receiving and checking those things as needed, and maintaining records of each step of the process.
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Lindsay is Jon's manager and calls him into her office after everyone else has gone home for the day. She closes the door and tells Jon that he is a thief and that he must return items that he stole from the company. In fact, Jon is extremely honest and has never stolen anything in his life. He is extremely upset and starts to feel sick.
A. Lindsay has committed libel.
B. Lindsay has committed disparagement.
C. Lindsay has committed slander.
D. Lindsay has not committed a defamation tort.
Answers
Answer: Lindsay has not committed a defamation tort
Explanation:
Defamation is when the reputation of an individual in being damaged. In s case whereby one believes that his or her reputation has being damaged by another person, the person sue under the defamation theory.
In the analysis above, we can deduce that Lindsay has not committed a defamation tort.
In general Accounts are split into Personal Accounts and ImpersonalAccounts
True
False
Answers
Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.
Sean is starting his first job and wants to move into a place of his own. he has found a 2-bedroom apartment within walking distance of work, where the rent is $800 per month; he would need to pay the first and last-month's rent ($1600) when he signs the lease. he has also found a 2-bedroom house in a neighborhood a little farther away from work. the house can be bought for $90,000, and he needs a down payment of $2,000. monthly mortgage payments will be $900, including taxes and insurance. sean has $3,000 in savings. he is making enough money to cover the monthly costs for the apartment or the house, but he really could use a new car, especially if he has to drive to work every day. sean does not have any pets, works a full week (but no overtime), and enjoys working outdoors. he plans to stay with this job for about three years, then look for a job in another community (he's always wanted to live out in the mountain states).
Answers
Based on the given information and Sean's preferences, renting the 2-bedroom apartment seems to be a more practical choice, considering his short-term plans, financial situation, and the desire for a new car.
Sean has two housing options: renting a 2-bedroom apartment for $800 per month or buying a 2-bedroom house for $90,000 with a $2,000 down payment and $900 monthly mortgage payments. Sean also mentions the need for a new car and his plans to stay with his current job for about three years before looking for a job in another community.
Considering Sean's situation, here is an analysis of his options:
1. Renting the apartment:
- Monthly cost: $800
- Upfront payment: $1,600 (first and last-month's rent)
- No additional expenses related to home maintenance, property taxes, or insurance.
- Flexibility to move out after the lease term without the responsibility of selling the property.
2. Buying the house:
- Monthly cost: $900 (including taxes and insurance)
- Upfront payment: $2,000 (down payment)
- Additional expenses include home maintenance, property taxes, and insurance.
- Potential for building equity in the property over time.
- Long-term investment if Sean plans to stay in the area for an extended period.
Considering Sean's desire for a new car and his plan to relocate in three years, renting the apartment might be a more suitable option. Renting provides flexibility, requires a smaller upfront payment, and allows Sean to save more money for a future car purchase.
In conclusion, based on the given information and Sean's preferences, renting the 2-bedroom apartment seems to be a more practical choice, considering his short-term plans, financial situation, and the desire for a new car.
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Business
12 questions please help!!
Answers
Answer:
Fill in the blanks
Explanation:
Answer: 1. Unsecured loans 2. Business credit card 3. Unsecured loan 4. Small Business Investment Companies 5. Reserve Fund 6. Routine 7. Operating costs 8. Secured loan 9. Commercial Debt Financing 10. Small Business Administration 11. Sound 12. Venture Capital Firm
Explanation:
Which statement most accurately describes a conflict of commitment? It involves a monetary gain by one party over another party. It occurs when outside activities interfere with one’s responsibilities to an employer. It occurs when an institution does not follow the financial rules from a funding source. It can only occur between an institution and an outside organization.
Answers
Answer:
It occurs when outside activities interfere with one's responsibilities to an employer
Explanation:
Conflict of commitment occurs when the commitment of an employer to a defined terms of employment is shared with other engagements, either personal or with other parties which could lead to a decline in efficiency due to loss of maximum concentration.
This may not necessarily involve monetary gain but has a whole lot of ways through which it can affect productivity as concentration is shared.
It is always good to define activities that constitute conflict of commitment right from the time of forming an employment contract so that an employee can be guided with it.
Anyone have an idea how to create a NPV Spreadsheet which intakes a 6% discount factor.
My actual question is very similar to this, If someone could give me a step by step breakdown it would be much appreciated
Answers
The way to calculate an NPV Spreadsheet using the NPV Function are:
=NPV(discount rate, series of cash flow)Step 1: Set a discount rate in a cell.Step 2: Establish a series of cash flows (must be in consecutive cells).Step 3: Type “=NPV(“ and select the discount rate “,” then select the cash flow cells and “)”.What is an NPV Function?This refers to the excel function that is used to calculate the net present value and the discount rates for cash flows.
Hence, we can see that given that you have the discount factor, the annual operating costs, and annual benefits, you would then need to add the present value of all +ve cash flows and subtract the present value of all -ve cash flows.
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under a credit disability policy what is the maximum amount of any disability benefit included
Answers
Under a credit disability policy, the maximum amount of any disability benefit included is typically tied to the amount of outstanding indebtedness.
This means that the disability benefit provided by the policy will generally cover the outstanding balance of the insured debt, up to a predetermined limit.
The purpose of a credit disability policy is to provide financial protection to individuals who are unable to work due to a disability, ensuring that their debt obligations are met during the period of disability.
The policy will typically pay a monthly benefit directly to the creditor or lender to cover the monthly debt payments.
The maximum disability benefit amount is determined by the amount of outstanding debt at the time of the disability. If the insured individual has multiple debts, the policy may cover the total outstanding balance of all eligible debts or may have a cap on the total benefit payable.
The specific terms and limits of the credit disability policy will be outlined in the policy contract.
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a fixed-price contract is useful and appropriate when
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Federal reserve policies have led to an increase in the real gdp. what action did the fed probably take on interest paid on required and excess reserves to achieve this?
Answers
If the Federal Reserve policies have led to an increase in the real GDP, it is likely that they have taken action to reduce the interest paid on excess reserves to encourage banks to lend out more money and stimulate economic activity.
When the Fed lowers the interest rate on excess reserves, it makes it less attractive for banks to hold onto excess reserves, and more attractive for them to lend out that money to businesses and consumers. This increased lending activity can lead to an increase in economic growth and real GDP.
However, it's important to note that the Fed's monetary policy decisions are complex and involve a range of tools and strategies, not just the interest rate on excess reserves.
Other factors, such as the federal funds rate, open market operations, and reserve requirements, can also impact the economy and real GDP.
By adjusting interest rates, the Fed can influence the overall health of the economy and help to achieve its policy goals.
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some of the inputs to this problem will change with each submission, so you will need to recompute your answer each time you submit. your portfolio is invested 35 percent in stock x, 20 percent in stock y, and 45 percent in stock z. the expected returns on these three stocks are 8 percent, 15 percent, and 13 percent, respectively. what is the expected return of your portfolio?
Answers
The expected return of your portfolio is 11.65%.
How to determine the expected returnTo calculate the expected return of your portfolio, you need to consider the percentage allocated to each stock and their respective expected returns.
In your case, your portfolio consists of 35% stock X, 20% stock Y, and 45% stock Z.
The expected returns for these stocks are 8%, 15%, and 13%, respectively.
To find the expected return of the portfolio, you can use the following formula:
Expected return of portfolio = (Weight of stock X * Expected return of stock X) + (Weight of stock Y * Expected return of stock Y) + (Weight of stock Z * Expected return of stock Z)
Using the given data, the expected return of your portfolio can be calculated as:
Expected return of portfolio = (0.35 * 0.08) + (0.20 * 0.15) + (0.45 * 0.13)
Expected return of portfolio = 0.028 + 0.03 + 0.0585
Expected return of portfolio = 0.1165 or 11.65%
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Marcus started the brainstorming process by jotting down some ideas. What is his next step?
Redo the brainstorming process.
Find the first solution.
Organize his ideas into categories.
Create a list of pros and cons.
Answers
Answer:
Organize his ideas into categories.
Explanation:
I just did it ;)
Marcus started the brainstorming process by jotting down some ideas and his next step is organizing his ideas into categories. The correct option is c.
What is the brainstorming process?Brainstorming is a method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which participants are encouraged to think without interruption.
Brainstorming is a group activity where each participant shares their ideas as soon as they come to mind. After the session, ideas are categorised and ranked for follow-on action. When planning a brainstorming session it is important to define clearly the topic to be addressed. A topic which is too specific can constrict thinking, while an ill-defined topic will not generate enough directly applicable ideas. The composition of the brainstorming group is important too.
It should include people linked directly with the subject as well as those who can contribute novel and unexpected ideas.
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for an hr professional who specializes in immigration-based employment, which institute would be the best choice to seek development options for career advancement
Answers
As an HR professional specializing in immigration-based employment, the best institute to seek development options for career advancement would be the Society for Human Resource Management (SHRM). The society is the world's largest HR professional society with over 300,000 members in 165 countries.
As an HR professional specializing in immigration-based employment, the best institute to seek development options for career advancement would be the Society for Human Resource Management (SHRM). The society is the world's largest HR professional society with over 300,000 members in 165 countries. It provides a broad range of professional development and career advancement opportunities for HR professionals around the world.SHRM offers several certification programs to help HR professionals demonstrate their expertise and commitment to the profession. The SHRM-CP and SHRM-SCP certifications are highly respected and widely recognized as the global standard in HR certification.SHRM also offers several specialized certification programs, including the Global Professional in Human Resources (GPHR) and the Senior Certified Professional (SCP). These programs are designed to help HR professionals develop the skills and knowledge they need to excel in their roles, and to demonstrate their expertise in key areas of HR, such as global HR management and leadership.SHRM also offers a range of other professional development opportunities, including conferences, webinars, and online courses. These resources are designed to help HR professionals stay up-to-date on the latest trends and best practices in HR, and to provide them with the knowledge and skills they need to succeed in their roles.SHRM membership is an excellent investment for any HR professional, providing access to a wealth of resources, networking opportunities, and professional development options that can help to advance their career.
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Bruce borrowed $1,000 for his trip.
If Bruce waits for five years to begin paying back his loan, how much will he owe?
Answers
Explanation:
Assuming that the loan has a fixed interest rate, we need to know the interest rate in order to calculate the amount that Bruce will owe after five years.
For the purpose of this example, let's assume that the interest rate is 5% per year (this is just an example, the actual interest rate may vary).
Using the formula for compound interest, we can calculate the amount that Bruce will owe after five years:
A = P(1 + r/n)^(n*t)
where:
A = the amount that Bruce will owe after five years
P = the initial principal (the amount that Bruce borrowed), which is $1,000
r = the annual interest rate, which is 5% (or 0.05 as a decimal)
n = the number of times the interest is compounded per year (let's assume it's compounded annually, so n = 1)
t = the number of years, which is 5
Plugging in these values, we get:
A = 1000(1 + 0.05/1)^(1*5)
A = 1000(1.05)^5
A = 1000(1.27628)
A = $1,276.28
Therefore, if Bruce waits for five years to begin paying back his loan with a 5% annual interest rate, he will owe $1,276.28.
financial statements that show a column for the current year and the prior year are known as financial statements.
Answers
The Comparative Financial Statements is what we look for to compare business' performances this year versus last year as it is the only set of financial statements that shows column for the current year and the prior year.
An accountant creates comparative financial statements of a company to make it simple for the users of the data to identify the changes in the firm's financial situations as well as the business' operational results.
Thus, this full set of financial statements that a business releases that are showing data for many reporting periods (current year versus prior year) comes with a package including income statement displaying figures over a number of time periods, balance sheet with the entity's financial situation as of multiple balance sheet dates, and finally, a cash flow statements to show firm's cash flows over a number of time periods.
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A $72 NSF check was returned from Mr. Smith, a company client. On a bank reconciliation, this would be shows as a(n)
A. increase in the ledger cash account balance (book balance)
B. decrease in the ledger cash account balance (book balance)
C,increase in the bank account balance
D. decrease in the bank account balance
Answers
Marta is a human resources manager who spends much of her time on ______. She systematically examines the content and requirements of jobs in the organization.
Demand forecasting, recruiting, job analysis, or selection
Answers
Marta, as a human resources manager, spends much of her time on job analysis. Job analysis is the process of systematically examining the content and requirements of jobs within an organization. The correct option is job analysis.
This involves identifying the duties, responsibilities, and required skills for each position in order to effectively manage staffing and employee performance. By conducting job analysis, Marta is able to gather information about the roles and responsibilities of each job and determine the necessary qualifications for each position. This information can then be used for recruitment and selection processes, as well as for employee training and development.
Additionally, job analysis helps to ensure that each employee's job is aligned with the company's goals and objectives, and that they are adequately compensated for their work. Overall, job analysis is an important task for any human resources manager to perform in order to effectively manage and optimize their workforce.
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Stephenson Limited produces a variety of products for the computing industry. The company’s CEO plans to produce a new product, WiFi router and asked the controller to prepare some information and be ready to meet with him to discuss about it. In preparing for the meeting, the controller accumulated the following data: Selling price of a router $1,250 Direct materials per router $270 Direct labour per router $130 Variable overhead per router $80 Total fixed costs $120,000
Required: a) Calculate the contribution margin per unit, break-even point in units and in sales dollar.
b) Calculate the number of units that must be sold and the amount of sales revenue to earn $300,000 of profit.
c) Calculate the break-even point in units and in sales dollar if the company were to reduce variable costs by $220 per unit by investing in technology resulting in an overall increase of $20,000 in total fixed costs? d) The CEO believes the company can increase sales by 50 units if advertising expense is increased by $31,000 based on the original data. Justify whether the company should increase advertising expenditure.
Answers
a) Contribution Margin per Unit: $770, Break-Even Point in Units: ≈ 155.84, Break-Even Point in Sales Dollars: ≈ $194,800.
b) Number of Units for $300,000 Profit: ≈ 584.42, Sales Revenue for $300,000 Profit: ≈ $730,525.
c) New Contribution Margin per Unit: $1,410, New Break-Even Point in Units: ≈ 94.33, New Break-Even Point in Sales Dollars: ≈ $117,912.50.
d) Additional Sales Revenue: $62,500, Contribution from Additional Sales: $38,500, Additional Advertising Expense: $31,000. Conclusion: Increase in advertising expenditure is justified as it would result in a positive contribution to profit.
a) To calculate the contribution margin per unit, break-even point in units, and break-even point in sales dollars, we need the following information:
Selling price per router: $1,250
Direct materials per router: $270
Direct labor per router: $130
Variable overhead per router: $80
Total fixed costs: $120,000
Contribution Margin per Unit:
Contribution Margin per Unit = Selling Price per Unit - Variable Costs per Unit
Contribution Margin per Unit = $1,250 - ($270 + $130 + $80)
Contribution Margin per Unit = $1,250 - $480
Contribution Margin per Unit = $770
Break-Even Point in Units:
Break-Even Point in Units = Total Fixed Costs / Contribution Margin per Unit
Break-Even Point in Units = $120,000 / $770
Break-Even Point in Units ≈ 155.84
Break-Even Point in Sales Dollars:
Break-Even Point in Sales Dollars = Break-Even Point in Units × Selling Price per Unit
Break-Even Point in Sales Dollars = 155.84 × $1,250
Break-Even Point in Sales Dollars ≈ $194,800
b) To calculate the number of units and sales revenue needed to earn $300,000 of profit, we need to consider the contribution margin per unit and total fixed costs:
Number of Units for $300,000 Profit:
Number of Units = (Total Fixed Costs + Desired Profit) / Contribution Margin per Unit
Number of Units = ($120,000 + $300,000) / $770
Number of Units ≈ 584.42
Sales Revenue for $300,000 Profit:
Sales Revenue = Number of Units × Selling Price per Unit
Sales Revenue = 584.42 × $1,250
Sales Revenue ≈ $730,525
c) If the company reduces variable costs by $220 per unit and incurs an additional $20,000 in total fixed costs, the new calculations would be:
New Contribution Margin per Unit = $1,250 - ($270 - $220 + $130 + $80) = $1,410
New Break-Even Point in Units = ($120,000 + $20,000) / $1,410 ≈ 94.33
New Break-Even Point in Sales Dollars = 94.33 × $1,250 ≈ $117,912.50
d) To determine whether the company should increase advertising expenditure, we need to consider the additional sales generated by the increased advertising and compare it to the additional expense:
Contribution Margin per Unit: $770
Additional Units Sold: 50
Additional Sales Revenue: 50 × $1,250 = $62,500
Contribution from Additional Sales = Additional Units Sold × Contribution Margin per Unit = 50 × $770 = $38,500
Additional Advertising Expense: $31,000
Since the contribution from the additional sales ($38,500) exceeds the additional advertising expense ($31,000), it would be justified for the company to increase advertising expenditure as it would result in a positive contribution to profit.
Please note that these calculations are based on the provided data and assumptions, and actual results may vary.
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You have been invited to give a speech at a local restaurant. The person who is hosting the event has asked you to speak for 15 minutes on a topic of your choice. Walk though the process of deciding what to talk about and discuss the reasons and methods you would use to make an effective choice.
Answers
Answer:
I would think about what I could use to get my audiences attention and something that would be interesting for everyone so that everyone can learn something.
Explanation:
Gross Domestic Product
Answers
2. The sale of a used car
4. The sale of illegal drugs
6. The sale of jets made by a US-owned company based in Japan
why all choices are economic choices?
Answers
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
c. can be modified on the server’s local security policy, but only by a domain administrator or the administrator of the local computer
Answers
The server's local security policy can only be modified by a domain administrator or the local computer's administrator.
The local security policy of a server refers to the settings and configurations that determine the security rules and permissions on that server. Modifying these policies requires administrative privileges.
In the case of the server's local security policy, it can only be changed by either a domain administrator, who has administrative control over the entire domain, or the administrator of the local computer itself.
These individuals have the necessary rights and permissions to make modifications to the security policy, ensuring that only authorized and trusted individuals can alter the server's security settings.
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Which is a characteristic of judging approach
Answers
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
The operating cost of a small machine is $800 in year one, $900 in year two, $1000 in year three, increasing by $100 per year through year ten. At an interest rate of 8% per year, the equivalent annual worth of the machine is nearest to:
Answers
The nearest equivalent annual worth of the machine is $1,414.78.
Using the formula for present worth:
PW = F/(1+i)^n
Where PW is the present worth, F is the future value, i is the interest rate, and n is the number of years.
We can calculate the present worth for each year:
PW1 = 800/(1+0.08)^1 = $740.74
PW2 = 900/(1+0.08)^2 = $789.96
PW3 = 1000/(1+0.08)^3 = $834.97
PW4 = 1100/(1+0.08)^4 = $876.29
PW5 = 1200/(1+0.08)^5 = $914.50
PW6 = 1300/(1+0.08)^6 = $950.11
PW7 = 1400/(1+0.08)^7 = $983.64
PW8 = 1500/(1+0.08)^8 = $1015.48
PW9 = 1600/(1+0.08)^9 = $1045.99
PW10 = 1700/(1+0.08)^10 = $1075.45
Then, we can sum up all the present worths:
PW total = PW1 + PW2 + PW3 + PW4 + PW5 + PW6 + PW7 + PW8 + PW9 + PW10
= $8,046.84
Finally, we can calculate the equivalent annual worth:
EAW = PW total/i * (1+i)^n / ((1+i)^n - 1)
= $8,046.84/0.08 * (1+0.08)^10 / ((1+0.08)^10 - 1)
= $1,414.78
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