The interest rate obtained from investing in assets with high liquidity and short maturities, such as negotiable certificates of deposit, U.S. Treasury bills, and municipal notes, is known as the money market yield.
What Is the Money Market Yield?The money market yield is derived by multiplying the holding period yield by a 360-day bank year divided by the number of days till maturity. It can also be calculated using a bank discount yield.Bond equivalent yield and CD-equivalent yield are closely related to the money market yield (BEY).Investors anticipate receiving a return on their investment from money market instruments, or the money market yield.The money market entails the buying and selling of substantial quantities of very short-term debt instruments, including overnight reserves or commercial paper.A person can make an investment in the money market by buying a money market mutual fund, purchasing a Treasury bill, or by opening a money market account at a bank.
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Raymond is a saver and he has deposited $5,019 in a savings account that pays 8% interest rate per year. If Raymond keeps the
money in the account for 6 years, how much will the money be after 6 years? Round your answer to the nearest two decimal
place and remove the dollar sign.
Based on the amount Raymond deposited, the amount in the account at the end of 6 years will be $7,964.22.
The account will increase the amount by 8% every year.
In 6 years time, the account would have:
= Initial amount x ( 1 + rate) ^ number of years
= 5,019 x ( 1 + 8%) ⁶
= 7,964.522
= $7,964.52
In conclusion, the account would have $7,964.22.
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If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
Hart Enterprises recently paid a dividend of $1.25. It expects to have a dividend growth rate of 15% for 3 years followed by a constant rate of 6% thereafter. The firm’s required return is 10%. What is the firm’s stock value today?
Answer:
Value of stock = $41.95
Explanation:
The price of a stock using the dividend valuation model is the present value of the the future dividend expected from the stock discounted at the required rate of return.
Year Present Value
1 1.25× 1.15^1 × 1.1^(1-) =1.3068
2 1.25× 1.15^2 × 1.1^(-2) = 1.366
3. 1.25× 1.15^3 × 1.1^(-3)= 1.4283
Present value of Dividend in Year 4 and beyond
This will be done in two steps
Step 1
PV in year 3 terms
= Dividend in year 4× (1.06)/(0.1-0.06)
1.25× 1.15^3 × 1.06/(0.1-0.06)=50.37898438
PV in year 0 terms =
PV in year 3 × 1.1^(-3)
=50.3789 × 1.1^(-3)= 37.8504
Value of stock = 1.3068 + 1.366 + 1.4283 = 41.95
Value of stock = $41.95
Which of the following is an example of a macroeconomic statement?
Lay-offs have led to increasing unemployment in the RV industry.
John Smith was recently laid off from his job at Thor.
The Elkhart County unemployment rate is 2%.
The national unemployment rate is 4%.
Answer:
The national unemployment rate is 4%
Explanation:
The following statement is an example of a macroeconomic statement: "The national unemployment rate is 4%."
A macroeconomic statement refers to an economic statement or analysis that focuses on the broader economy as a whole rather than on individual markets or companies. In this case, the statement about the national unemployment rate refers to the overall labor market in the country and not to a specific company or industry. The other statements are either about an individual's experience (John Smith's layoff) or a specific regional unemployment rate (Elkhart County's unemployment rate).
Need help asap right now
Answer:
2. Sales forecasts $475,000
3. Ben needs 5 more hours
Explanation:
2.
The sales are $500,000. The trend is a 5% reduction in the current year sales figure for next year's performance.
The sales forecast for next year will be a decrease of 5% of this year sales.
next sales will be $500,000 less 5%
Therefore, the next sales forecast will be 95% of $500,000
=95/100 x $500,000
=0.95 x $500,000
=$475,000
Forecasts will be $475,000
3.
Ben requires 20 hours of continuous training.
So far, he has done 900 minutes.
900 minutes is equivalent to 900/60 hours
=15 hours.
To complete the study, Ben requires 20 hrs -15 hours
=5 more hours
Why might ranchers want to lock in a price today for their cattle by signing a six-month futures contract?
Responses
A. To be able to sell all of their cattle for a profit a year from now.
B. To be able to buy a new herd of cattle when the six months is up.
C. To be able to pay off the put option when the futures contract expires.
D. To be able to plan on a certain amount of income in the future.
Answer:
D. To be able to plan on a certain amount of income in the future.
Explanation:
Locking in price is when a seller and buyer agree on the minimum price for a transaction in the future. A locked-in price remains unchanged for the agreed period.
By lock in prices for their cattle, the ranchers have set the cattle's selling price after six months. Changes in market conditions will not affect the price. The ranchers will focus on controlling their costs to attain their target income. Locking in prices guarantees selling of stable prices, which allows them to plan of expected income.
Angela Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the cash records.
June 30 Bank Reconciliation
Balance per bank
$14,728
Add: Deposits in transit
3,240
Deduct: Outstanding checks
(4,208
)
Balance per books
$13,760
Month of July Results
Per Bank
Per Books
Balance July 31 $18,199 $19,462
July deposits 9,468 12,224
July checks 8,416 6,522
July note collected (not included in July deposits) 3,156
July bank service charge 32
July NSF check from a customer, returned by the bank (recorded by bank as a charge) 705
Exercise 7-24 Angela Lansbury Company deposits all
Exercise 7-24 Angela Lansbury Company deposits all
Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Angela Lansbury Company
Bank Reconciliation
July 31
Deposits in transitOutstanding checksBalance per books, July 31Bank service chargeNSF checkCorrect cash balance, July 31Balance per bank statement, July 31Collection of note
$
LessAdd
:
Deposits in transitUnderstated check for suppliesBalance per books, July 31Collection of noteBank service chargeCorrect cash balance, July 31NSF checkBalance per bank statement, July 31
LessAdd
:
NSF checkBank service chargeCorrect cash balance, July 31Balance per bank statement, July 31Understated check for suppliesBalance per books, July 31Collection of noteOutstanding checks
Deposits in transitBank service chargeBalance per books, July 31Balance per bank statement, July 31Outstanding checksCollection of noteNSF checkCorrect cash balance, July 31
$
Balance per bank statement, July 31NSF checkDeposits in transitBank service chargeCorrect cash balance, July 31Outstanding checksBalance per books, July 31Collection of note
$
AddLess
:
Collection of noteBalance per books, July 31Balance per bank statement, July 31Bank service chargeNSF checkCorrect cash balance, July 31Deposits in transitOutstanding checks
LessAdd
:
Deposits in transit Outstanding checks Correct cash balance, July 31 Balance per bank statement, July 31 Balance per books, July 31 Collection of note Bank service charge NSF check
$
Balance per bank statement, July 31 Bank service charge Deposits in transit Outstanding checks NSF check Balance per books, July 31 Collection of note Correct cash balance, July 31
Balance per bank statement, July 31NSF checkCorrect cash balance, July 31Deposits in transitBank service chargeBalance per books, July 31Outstanding checksCollection of note
$
SHOW LIST OF ACCOUNTS
LINK TO TEXT
Exercise 7-24 Angela Lansbury Company deposits all
Exercise 7-24 Angela Lansbury Company deposits all
Prepare the general journal entry to correct the Cash account. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Account Titles and Explanation
Debit
Credit
Answer:
a. Adjusted Balance = Adjusted Balance = $21,881.
b. See the journal below.
Explanation:
Note: The actual data needed to answer this question are merged together. They are therefore sorted before answering the question. See the attached pdf file for the complete question with the sorted data that are actually needed.
Explanation of the answers is now given as follows:
a. Prepare a bank reconciliation going from balance per bank and balance per book to correct cash balance.
Angela Lansbury Company
July 30 Bank Reconciliation
Details Amount ($)
Balance as per bank 18,199
Add:
Deposit In transit ($3,240 + $12,224 - $9,468) 5,996
Less:
Outstanding Checks ($4,208 + $6,522 - $8,416) (2,314)
Adjusted Balance 21,881
Balance as per book 19,462
Add:
Note Collected 3,156
Less:
Bank Service charge (32)
NSf Check (705)
Adjusted Balance 21,881
b. Prepare the general journal entry to correct the Cash account.
The journal entries will look as follows:
Particulars Debit ($) Credit ($)
Cash 3,156
Note Collected 3,156
(To record note collected by bank.)
Bank Service charge 32
Cash 32
(To record Bank Service charge.)
Account Receivable 705
NSf Check 705
(To record NSf Check.)
Explain other advantages of the autociatic leadership style. se Se busines
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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differentiate between piecemeal and time related salary determination methods
Answer:
See below
Explanation:
1. The piecemeal pay method compensates worked based on the quantity of output produced while the time method rewards workers based on the time spent in producing the output. The piecemeal rate system pays per unit of production. The time rate system pays per the number of hours worked.
2. The piecemeal rate system emphasizes the quantity of output compared to the time rate system that focuses on the quality of output.
3.The piecemeal system recognizes and rewards more to efficient and skilled employees, but the time rate system tends to compensate employees in the same cadre equal amounts.
Here, we are required to differentiate between piecemeal and time related salary determination methods.
In Piecemeal salary determination methods, Workers are paid according to the number of products/units produced/action performed while in Time-related salary determination methods, workers are paid in accordance to the amount of time they spend at work/on a task or on the job.
In piecemeal salary determination methods, workers are not remunerated (i.e not paid for work or service) for the number of hours worked, regardless of how long it took to complete the task at hand while in Time-related salary determination methods, orkers with the same experience/qualifications are paid on salary scales regardless of the amount of work done.
Piecemeal salary determination method is mostly used in factories particularly in the textile/technology industries where the labor force is unskilled or sometimes semi-skilled. while Time-related salary determination method is used in many private and public sector businesses as majority of the labor force are skilled.
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Assume that you are the Management Accountant of a leading consumer goods manufacturing company which offers a range of well reputed brands to the Sri Lankan Market. One of the company’s objectives is that introducing at least one new product to the market in a year. To fulfil the objective, the company is introducing a “Beauty Soap” to young women in the Sri Lankan market. As the management accountant, you are expected to identify and classify different types of cost of this new product under the bases of direct cost and indirect cost, manufacturing cost and non-manufacturing cost, fixed cost and variable cost
To launch a new product on the market, accounting planning is essential. A management accountant will assist in identifying the different types of costs associated with producing and distributing a new product.
What are the different costs of a product?Direct costs correspond to the costs necessary for production, such as raw material, labor and distribution costs.
Indirect costs correspond to those that are more difficult to measure for each unit produced, such as those incurred in the company and not related to production.
The manufacturing cost corresponds to the sum of the cost of the amount of different raw materials that were used to produce a good. Non-manufacturing costs are those arising from expenses that are not related to production, such as selling expenses.
Fixed costs refer to company expenses that are not affected by the services provided or goods produced by the company. Variable costs are those that are impacted by the increase or decrease in revenue and productivity of a business.
Therefore, a management accountant will be responsible for financial decisions that affect profitability and market positioning.
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ABC Inc. has the following data for September:
Physical Units
Units in beginning work in process 8,000 units
Percentage complete:
Materials 100 %
Conversion costs 50 %
Units Started in September 10,000 units
Units completed & transferred out 15,000 units
Units in ending work in process 0 ?
Percentage complete:
Materials 100 %
Conversion costs 20 %
Costs
Materials Conversion Costs
Beginning work in process $20,000 $ 6,000
Costs added during September $30,000 $40,000
Calculate cost per equivalent unit for conversion cost
Using FIFO method & calculate:
(1) Prepare a physical unit schedule.
(2) Compute equivalent units.
(3) Compute unit costs.
(4) Prepare a cost reconciliation schedule.
The cost per equivalent unit for conversion cost is 9,000 units.
What is a cost?The cost is the amount of money needed to produce, market, and sell goods and services or buy assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred.
The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
The cost can be a fixed cost like the lease of a building which will not vary every month or can be a variable cost like the telephone cost which can vary every month.
The cost per equivalent unit for conversion cost is 9,000 units.
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Mike Corporation uses residual income to evaluate the performance of its divisions. The company's minimum required rate of return is 14%. In January, the Commercial Products Division had average operating assets of $790,000 and net operating income of $148,700. What was the Commercial Products Division's residual income in January
Answer:
The Commercial Products Division's Residual income in January is $ 37,400.
Explanation:
Residual income (which is a Managerial Accounting concept) is what remains from a departments income after the opportunity cost of the capital that it deploys has been removed.
The formula is given below:
Residual Income (RI) = Controllable Margin (CM) - Required Rate of Return (RRR) × Average Operating Assets (AOR)
Step I:
Insert all the given factors
RI = 148,000 - (14% x 790,000)
RI = 148,000 - 110600
Therefore, residual income RI = $ 37,400
Cheers!
Jaxon Markets currently has credit terms of net 30, an average collection period of 29 days, and average receivables of $211,410. The firm estimates that if it offered terms of 2/10, net 30 that 45 percent of its customers would pay on day 10 with the remainder paying on average in 32 days. How much cash could the company free up from its accounts receivables if it switched its credit policy? Group of answer choices $38,762 $65,009 $58,336 $64,219 $50,301
Answer: $50,301
Explanation:
If they offered the new terms of 2/10, net 30 then 45 percent of their customers would pay on day 10 with the remainder paying on average in 32 days.
The collection period would therefore be;
= 0.45 * 10 + 0.55 * 32
= 22.1 days
Currently the Average Daily sales are;
= Average Receivables/ Average collection period
= 211,410/29
= $7,290
With the new collection period their Average receivables would be;
= 7,290 * 22.1
= $161,109
Potential cash to be freed up = Current Receivables - New receivables
= 211,410 - 161,109
= $50,301
An aptitude test is designed to determine a person's capacity to
skills.
O buy or sell
learn and sell
O buy and acquire
O learn or acquire
An aptitude test is used to determine a persons capacity to learn or acquire skills.
The goal of an aptitude test is simply to determine if the learner has a firm grasp on the instructions that she received.
Before an aptitude test is designed, an instructor must have given instructions on the topic. The test is used to predict how far the learner has gone in grasping the instructions received.
The test shows the individuals skills and also their ability to succeed in a particular task. It generally serves to expose the strengths and the weaknesses of the person.
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Question 1: Critique the case from a leadership, internal and external communication with stakeholders, and barriers to communication point of view.
A general view from the leadership, internal and external communication with stakeholders has been provided
The leadership, internal and external communication with stakeholdersLeadership:
Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.
Internal communication with stakeholders:Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.
External communication with stakeholders:
External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.
Barriers to communication:Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.
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the assigned value of a product is its what
The value that is assigned to any product is known as Price of the Product.
What is the product?A product is refers as goods or services prepared with the objective to sale and gets some income in exchange. A product can be both tangible and intangible to use.
The value of any product can be considered as the amount charge to sale it. The calculation pf price will be based on cost of manufacturing along with other expenses calculated till delivered to consumer.
Therefore, price is used to determine the value of any product.
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If increasing the number of goods produced is one way to increase
productivity, what is the other way to increase productivity?
Productivity refers to the measure of output per unit of input over a given period of time. A company’s productivity level is a crucial factor in determining its profitability. Productivity can be increased in different ways, including increasing the number of goods produced and reducing waste. These are the two ways to increase productivity. Therefore, the answer to the question is reducing waste.
Another way to increase productivity is to improve efficiency. Efficiency is a measure of how well inputs are converted into outputs. Improving efficiency means reducing the amount of time, effort, and resources needed to produce a certain output. A company can improve its efficiency in various ways, including using better technology, improving its production processes, and training employees to work more effectively. Increasing productivity is critical for the growth of any business. Productivity can be increased by implementing a wide range of strategies. Reducing waste is one way to increase productivity, while improving efficiency is another way. Both of these strategies help companies to achieve their goals by producing more goods in less time. In conclusion, companies need to explore ways to improve their productivity levels continually. This will help them to increase their profitability, grow their business, and remain competitive in the market.
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___________ means to introduce a machine or automatic device into a process
Yields
Hazards
Mechanization
Organic
Option (c), Adding a mechanical or automated device to a process is known as mechanization.
From automation to mechanization, what is the progression?Use of a machine to do a human task is the standard definition of mechanization. With automated transplanters, mechanization is visible. While mechanization is a component of automation, it is not all of it. The entire process is automated, even down to the material delivery to and from the automated equipment.
Do systems or processes govern the automated operation of machinery?In the dictionary, "automation" is defined as "the art of making a machine, a technique, or a system run automatically." We define automation as "the design and application of technology to track and manage the production and delivery of goods and services."
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The brand changes form part of a strategic plan the group conceived in September last year called Ekuseni (the Zulu word for “dawn”)”
“Pick n Pay and its new CEO are taking the fight to competitors in a strategy..”
“Pick n Pay yesterday launched a new strategic plan…”
Evaluate the proposed strategy that Pick n Pay is planning to implement, including in your evaluation, the potential risks attached to the proposed new strategy
Pick n Pay's proposed strategy, known as Ekuseni, aims to implement changes in their brand and take the fight to competitors. The strategy, conceived in September last year, focuses on strategic planning and was launched recently. While the strategy holds potential for success, there are risks associated with its implementation.
1. Pick n Pay's proposed strategy, called Ekuseni, includes changes to their brand and a competitive approach to rivals. This strategic plan was conceived in September last year, with the term Ekuseni referring to "dawn" in Zulu.
2. The strategy aims to revamp the brand image and position Pick n Pay as a strong competitor in the market. By taking the fight to competitors, the company intends to gain a competitive edge and attract more customers.
3. The launch of the new strategic plan indicates that Pick n Pay is committed to implementing this strategy and achieving its goals. It demonstrates the company's intention to adapt and stay relevant in the evolving market.
4. However, like any strategic plan, there are potential risks associated with its implementation. These risks include customer resistance to changes in the brand, increased competition from rivals, and potential financial strains due to the cost of rebranding and marketing efforts.
5. Customer resistance is a common risk when brands undergo significant changes. If the proposed strategy doesn't resonate with Pick n Pay's target market, it could lead to a decline in customer loyalty and affect sales.
6. Additionally, taking the fight to competitors may trigger retaliatory actions from rival companies. This could result in intensified competition, price wars, and potential market share loss for Pick n Pay.
7. Finally, implementing a new strategic plan involves financial investments. The cost of rebranding, marketing campaigns, and operational changes may strain the company's resources, potentially impacting its financial stability.
In conclusion, while Pick n Pay's proposed strategy holds promise for the company's growth and competitiveness, there are risks involved. Proper planning, market research, and effective execution will be crucial to mitigating these risks and ensuring the success of the strategy.
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Which part of your uniform must be worn at all times (select all that
apply)?
Badge
Branded polo shirts
Branded shorts or pants
Closed-toed footwear
Explanation:
closed-toed footwear.
You are the project manager for the KLN Project. You had 19 stakeholders on this project. You have added three team
members to the project. How many more communication channels do you have now than before?
out of
O a. 171
O b. 60
O c. 1
O d. 231
Case: Making Difficult Decisions in Hard Times
Read and discuss the following scenario:
You are on the top management team of a medium-size company that manufactures cardboard boxes,
containers, and other cardboard packaging materials. Your company is facing increasing levels of
competition for major corporate customer accounts, and profits have declined significantly. You have tried
everything you can to cut costs and remain competitive, with the exception of laying off employees. Your
company has had a no-layoff policy for the past 20 years, and you believe it is an important part of the
organization’s culture. However, you are experiencing mounting pressure to increase your firm’s
performance, and your no-layoff policy has been questioned by shareholders.
Even though you haven’t decided whether to lay off employees and thus break with a 20-year tradition for
your company, rumors are rampant in your organization that something is afoot, and employees are worried.
You are meeting today to address this problem.
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Organizational culture comprises the shared set of beliefs, expectations, values, norms, and work routines
that influence how members of an organization relate to one another and work together to achieve
organizational goals.
In essence, organizational culture reflects the distinctive ways in which organizational members perform
their jobs and relate to others inside and outside the organization. It may, for example, be how customers in a
particular hotel chain are treated from the time they are greeted at check-in until they leave; or it may be the
shared work routines that research teams use to guide new product development. When organizational
members share an intense commitment to cultural values, beliefs, and routines and use them to achieve their
goals, a strong organizational culture exists. When organizational members are not strongly committed to a
shared system of values, beliefs, and routines, organizational culture is weak.
/
/
/
Tasks to perform:
1. Develop a list of options and potential courses of action to address the heightened competition and decline
in profitability that your company has been experiencing.
2. Choose your preferred course of action, and justify why you will take this route.
3. Describe how you will communicate your decision to employees.
4. If your preferred option involves a layoff, justify why. If it doesn’t involve a layoff, explain why.
Answer:
c because I did this one an I chose a but it was c
True or False: Logistics management is the primary process of supply chain management.
True or False: The Economic Production Quantity depends in part on the maximum inventory and setup costs.
Answer:
1 .)True
2.)True
Explanation:
thanks for the points
You are starting your own small business in Albuquerque. You borrow $10,000 from the bank at a 9% rate for 5 years. What is the total amount you will pay on this loan.
Answer:
4,500
Explanation:
Use the I=PRT method to help
P=10,000 T=5 years R=9%=9/100=0.09
this is going to be your equation
I=10,000 x .09 x 5
multiply you t x r
it should now look like this,
I=10,000 x .45
now the last thing to do is just multiply them both.
you should get,
I=4500
please help me, I'll give brainliest
Answer:
600
Explanation:
essay question business studies describe the following economic issues hiv and aids piracy strikes porverty
Double declining balance
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
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ABC Co wishes to undertake a project requiring an investment of $732,000 which will generate equal annual inflows of $146,400 in perpetuity. If the first inflow from the investment is a year after the initial investment, what is the IRR of the project? *
Answer:
The IRR of the project is 13%.
Explanation:
ABC Co wishes to undertake a project requiring an investment of $732,000 which will generate equal annual inflows of $146,400 in perpetuity. If the first inflow from the investment is a year after the initial investment, what is the IRR of the project?
The first inflow from the investment is a year after the initial investment. Solving for "n", we get:
$2,548,831 = 732000/(1 + n)^1
$732,000/((1*(1+n))^1) = $2,548,831
$n = ln(($2,548,831)/$732000)
Using the function of n that we found above:
$n = ln((($2,548,831/$732000))/1)
Plugging in for "n" to get the IRR:
IRR = 13%
The technique used to conclude about the population on the basis of a sample is called
In product development, what is an iterative
loop?
A. It is when customers and employees provide feedback to the
design team.
B. It is when the design team creates a prototype.
C. It is when a new product is released to the general public.
Answer:
The answer is A. It is when customers and employees provide feedback to the design team.
An iterative loop is a process in which the design team creates a prototype, tests it with customers and employees, and then uses the feedback to improve the prototype. This process is repeated until the design team is satisfied with the product.
Iterative loops are a valuable part of the product development process because they allow the design team to get feedback from real users early on. This feedback can help the team identify any problems with the design and make improvements before the product is released to the general public.
Here is an example of an iterative loop in product development:
1. The design team creates a prototype of a new product.
2. The team tests the prototype with customers and employees.
3. The team collects feedback from the users.
4. The team uses the feedback to improve the prototype.
5. The team repeats steps 2-4 until they are satisfied with the product.
Iterative loops can be used to develop any type of product, from software to hardware to consumer goods. They are a valuable tool for any design team that wants to create a product that meets the needs of its users.
Explanation: