Action plan for the company "KYROS" that has just suffered a catastrophe (fire):
The company having caught fire and having lost most of the work equipment decides to reopen by executing an action plan, the proposals are:- Rebuild all the walls and affected areas.
- Placing electrical panels in strategic areas.
- Placing water sprinklers in the ceiling to be activated in an emergency.
- Do not overload the use of industrial machines.
- Production should be in batches, with breaks in each batch for the equipment to rest.
What is an action plan?It is a writing, diagram or list of steps that people establish in order to execute actions and achieve the desired objectives and goals.
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what documents spell out the powers of a corporation? choose 2 answers.
The "corporate charter," "articles of association," or "certificate of incorporation" are other terms for articles of incorporation.
What are some of a corporation's powers?Express and implied powers are both available to corporations. A corporation is said to be behaving extra vires when it exceeds its legal authority.
What are a corporation's three powers?EXPRESS POWERS - those that are specifically granted by the Corporation Code, or other laws, including the organization's charter, or articles of incorporation. IMPLIED POWERS - A power that can be deduced from another power or is required for the exercise of another power. INCIDENTAL POWERS - Those that the corporation possesses incidentally.
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you find two properties that have sold twice within the last two years. property a sold 22 months ago for $98,500; it sold last week for $108,000. property b sold 20 months ago for $105,000; it sold two weeks ago for $113,500. assuming no compounding, what is the average monthly rate of change in sale prices?
The monthly average rate of change in sale prices is 0.42%.
Building A: $108,000 / $98.500 = 1.096447
: $113,500/$105,000 = 1.08095 for property B
Briefing:-Average month-to-month growth without compounding
Property A: 0.00438 (0.096447) / 22
Property B: 0.08095/20 = 0.00405 and 0.00843/2 =.004215, respectively, or 0.42%
compounding monthly average growth:
Property A: 1.004194 or 0.004194 is equal to 1.096447(1/22)
Property B: 0.008094/2 =.004047 or 0.40% 1.08095(1/20) = 1.00390 or 0.00390
What is a functionally obsolete item?Another instance of functional obsolescence in the technology sector is the parade of continually changing cellphones and the advancement of smartphone technology. The capabilities and functionalities of new cellphones have rendered their predecessors practically useless.
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: introduction of new products causes the cpi to overstate the true, realized inflation rate because:
Introduction of new products causes the cpi to overstate the true, realized inflation rate because of new product bias.
The quality/new goods bias makes inflation calculations overestimate the genuine rise in cost of living over time because it ignores improvements in the quality of already-existing items and the creation of new goods.
The issue of quality bias is connected to the new product bias. Because of their greater features, new and upgraded items frequently cost more. Theoretically speaking, these upgrades shouldn't result in a consumer-facing net price rise.
New medical procedures and more energy-efficient central air conditioners are two examples of things that raise living standards. Although challenging, accounting for this shift in quality is nevertheless required. Hence, increase in inflation rate.
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all of the following are primary sources of long-term debt financing for companies, except _____.
Payments to be made. The capital structure of a company refers to: Its combination of stockholders' equity and liabilities.
What is a source of debt financing?
Obtaining bank loans, issuing bonds, or issuing commercial paper are all common forms of debt financing. capital. long-term funds Common Debt Financing Methods Financial institutions like commercial banks, savings associations, and finance companies attempt to provide financing to businesses.
What are the four options for long-term funding?
The primary sources of long-term finances for businesses are the capital market, special financial institutions, banks, non-banking financial companies, retained earnings, as well as foreign investment and external borrowings.
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if the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale:
If the beginning inventory is $15,000, purchases are $24,000, and the ending inventory is $23,000, the goods available for sale: $14000.
What is inventory ?Inventory refers to goods and services held by a company for the ultimate purpose of re-sale, production. Inventory management is a discipline primarily concerned with specifying the shape and placement of stored goods. Inventory refers to all the items, goods, goods, and materials that a business holds for sale in the market to make a profit. Example: If a newsagent uses a vehicle to deliver newspapers to customers, only the newspapers are considered inventory. A car is treated as an asset.The four most generally used inventory types are raw materials, work in process, finished goods, maintenance, repairs and overhauls.Knowing the structure of your inventory will help you manage your inventory better.To learn more about inventory from the given link :
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Which of the following statements is correct regarding mixed economy?ABoth, the market and state, provide goods and services.BThe state owns the factors while the private sector handles the distribution.CThe market owns the factors, but the state regulates their usage.DThe government decides how goods are to be produced and distributed.
A) The true definition of a mixed economy is one in which both the market and the government provide goods and services.
What exactly is a mixed economy?A system with elements of both capitalism and socialism is referred to as a mixed economic system. In a mixed economy, private property is protected and there is some economic flexibility in how money is used, but governments are also free to meddle in the market in order to further their social objectives.
The neoclassical theory claims that mixed economies are less efficient than pure free markets, but proponents of government interventions contend that the fundamental requirements for efficiency in free markets, such as equal information and rational market participants, cannot be realized in real-world applications.
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1. what distribution channels does taza chocolate use, and what do they contribute to the company’s overall marketing efforts?
Taza mostly relies on trustworthy wholesalers for distribution and works hard to develop close bonds with them much as it does with its suppliers. Overall, the business maintains a transparent and individualized distribution method in an effort to provide clients with an integrated marketing experience.
How does a business leverage marketing initiatives?A business employs marketing initiatives to raise awareness of and generate demand for its goods and services. Social media, television and radio advertisements, online ads, and other marketing techniques are all effective.
What various forms of marketing activity are there?A business can increase exposure among potential clients and generate demand and interest for its products through marketing initiatives. Marketing strategies can be carried out in a variety of efficient methods. Social media, television and radio advertisements,
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in case the swap rates are no longer available on fred, can you find similar (alternative) rates instead?
In case the swap rates are no longer available on Fred, Libor rate is an alternative.
What is LIBOR in financial terms?
The average interest rate that banks claim they may borrow money at for each of the 15 maturities is then announced. The procedure is followed for nine additional currencies as well. The London interbank offered rate is the average, which is frequently used despite though there are 150 rates.
What are the uses of LIBOR?
Lenders utilise LIBOR as the benchmark reference when setting interest rates for different debt products, including banks and other financial institutions. Additionally, it serves as a benchmark rate for credit cards, mortgages, business loans, government bonds, and student loans in many different nations.
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thomas learned that one of the reasons he wasn't promoted to department head was because other managers at the same level knew little about him, whereas the person who was promoted had built relationships and was known to others. this is an example of what source of power?
The person who was promoted had built relationships and was known to others. This is an example of alliances and network power.
What contributes most to an alliance's success?
A strategic alliance may be built on trust, and these connections serve as the cornerstone for developing trust between the people who represent the same two parties to the alliance.
Business relationships include alliances and networks. They focus on your professional network and, like a personal network, strengthen your weaknesses and compensate for your weaknesses.
Therefore, Alliances exist to advance the interests of their members collectively by combining their industrial and financial capabilities to be successful.
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the following information relates to a post-retirement benefit plan: apbo beginning, $300mn plan assets beginning, $100mn net post-retirement benefit gain, beginning, $20mn amortization of net gain or loss is based on sl method, ten-year average remaining service period prior-service cost, initial amount, recognized four years ago, $50mn amortization of prior-service cost is based on sl method, ten-year average remaining service period service cost, $40mn discount rate, 5% expected rate of return, 6% actual return, $10mn change in estimated life expectancy caused a gain of $16mn, year-end funding contribution, $20mn what amount will be reported in the ending balance sheet for post-retirement benefit liability?
These situations involve the corresponding liability being included on the balance sheet as non-current liabilities. Post-employment defined benefit programs.
What Other Benefits Are There After Retirement?Benefits paid to employees during their retirement years that are not pension payouts are known as other post-retirement benefits. Benefits received after retirement may include deferred compensation programs, life insurance, medical insurance, or premiums for such benefits.
What exactly are post-retirement benefit costs?The cost of a pension that is observable for the time period is referred to as post-retirement benefit costs. There are various factors that go into calculating post-retirement benefit costs, but they all depend on the kind of plan your firm has designed. These plans may be defined benefit or defined contribution arrangements.
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The advantages of using an export strategy to build a customer base in foreign markets include o utilizing excess production capacity to make goods for export and otherwise limiting the amount of capital required to begin competing internationally. reducing the time it takes to establish profit sanctuaries in foreign countries. being able to minimize shipping costs, escape tariffs, and avoid the risk of adverse changes in currency exchange rates. being cheaper and more cost effective than licensing and franchising. O being especially well-suited to accommodating variations in local buyer tastes.
The advantages of using an export strategy include utilizing excess production capacity to make goods for export and otherwise limiting the amount of capital required to begin competing internationally.
What is the export market strategy?In contrast to domestic marketing, export marketing concentrates on selling your product abroad. Export marketing can be more difficult because you must cater to other cultures, beliefs, and tastes even if it uses identical tactics to domestic marketing. For businesses that are just starting to enter a new overseas market, exporting is an excellent entry strategy.
The benefits of exporting include a substantial increase in your market size and decreased reliance on any one market. Better margins and bigger economies of scale might result from the increased output. You can modify current items to appeal to new markets, which could make your research and development budget work harder.
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what is a market? a place that sells fruits and vegetables only a place where stocks and bonds are traded a big store with lots of customers a place where buyers and sellers meet to exchange goods
A market is a place or a setting where business transactions take place. Therefore, choice c is right.
What exactly is a stock market?A stock exchange, securities exchange, or bourse is a market where stockbrokers and traders can buy and sell assets like shares of stock, bonds, and other financial instruments. Stock exchanges may be able to accommodate the issuance and redemption of such securities and instruments as well as capital events, like the payment of income and dividends. Examples of securities traded on a stock exchange include bonds, unit trusts, derivatives, stock issued by listed companies, and pooled investment products. On stock exchanges that function as "continuous auction" markets, buyers and sellers commonly use the exchange floor or an electronic trading platform to execute transactions.
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when a large amount of land is required for the affordable production of something, that product is said to be . multiple choice question. capital-intensive labor-intensive resource-intensive land-intensive
When a large amount of land is required for the affordable production of something, that product is said to be land-intensive.
Give a brief account on factors of production.In economics, inputs—also known as resources or factors of production—are the things that are used in the production process to create output, which includes commodities and services. According to a connection known as the production function, the quantity of output depends on how much of the various inputs are used. Land, labor, capital, and entrepreneurs are the four primary sources of production (or enterprise). The components are frequently referred to as "producer goods or services" to distinguish them from the products or services that customers buy, which are frequently referred to as "consumer goods."
Factors come in two varieties: primary and secondary. Land, labor, and capital are the three main components already discussed. Due to their reliance on land, labor, and capital for acquisition, materials and energy are viewed as secondary variables in classical economics.
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the vp of product development led a of specialists in sales and marketing, manufacturing, and research and development to figure out how to bring new products to market faster in the united states.
A. Global Team
B. Cross-Function Team
C. Function Team
D. Self-Managed Team
The vice president of product development headed a cross-functional team of experts in manufacturing, sales and marketing, and research and development to determine how to launch new goods more quickly in the US.
What is a cross-functional team?A cross-functional team, sometimes referred to as an interdisciplinary or multidisciplinary team, is made up of individuals with various functional specialties who are working together to achieve a common objective. Personnel from the departments of finance, marketing, operations, and human resources might be present.
Teams made up of members from multiple organizational areas, such as marketing, product development, quality assurance, sales, and finance, collaborate to accomplish a common objective.
Cross-functional teams are those that find reciprocal benefits in collaborating and working toward a common objective. Examples include marketing and design teams working together, design and engineering teams, sales and customer success teams, and many more.
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Industrial machinery is an example of O physical capital O a factor of production that in the past was an output from the production process. O something that influences productivity. O All of the above are correct. Question 10 Which of the following best illustrates the human capital of a survivor stranded on an island? O the fresh fruit and fish on and around the island her previous training in a survival course O the fishing poles she has produced O the invention of a better fishing lure
Her preceding instruction in a preservation course best exemplifies the human resources of an island survivor.
What exactly do you mean by production?
The process of creating or production products and services from components or raw materials is known as production. In those other statements, production takes the input and transforms them into a consumable output - a good or product of value to the a finished or customer.
What are the three kinds of production?
Basic production systems are classified into three types: batch systems, continuous systems, and project systems. Overall hardware and methods are employed in the batch system to generate small amounts of outcome with specifications which vary greatly from batch to batch.
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the montaneros file a joint return in 2022 and reported $1,435,700 ordinary taxable income for regular tax purposes and had $158,200 positive amt adjustments and preferences. compute their tentative minimum tax.
Their tentative minimum tax is : AMT Amount = A * (B – C) – D
A = 15%
B = The individual's adjustable tax income.
C = $40,000, the AMT exemption amount.
D = Allowable non-refundable tax credits.
TMT = 15% × (14,35,700 - 40,000) - 158,200
TMT = 51,155
What is a provisional tax?The least tax that a person may deduct from an estate tax is known as the tentative tax. After all exemptions and deductions to reduce tax liability have been used, the estimated tax is calculated. Placing an estate's total worth in the appropriate estate tax category yields a rough estimate of the tax.
What distinguishes the AMT from the tentative minimum tax (TMT)?The difference between the two sums is utilized to generate a tax using a rate schedule after the two sums have been computed. The discrepancy produces the so-called preliminary minimum tax (TMT).
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what is an example of an issue that might be addressed by supply chain event management?
Receiving complaints from the consumers regarding the manufacturing defects in the products sold by the company might be considered as an example of an issue that might be addressed by supply chain event management.
Supply chain management can be referred to or considered as a management wherein the functions of producing or manufacturing of goods is divided between the different groups. This is done to ensure efficiency and specialization in manufacturing functions. Moreover, it also aims at addressing the issues related to the improvements within the organizational functioning.
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a project under consideration has an internal rate of return of 13% and a beta of 0.6. the risk-free rate is 8%, and the expected rate of return on the market portfolio is 13%. a. what is the required rate of return on the project? (do not round intermediate calculations. enter your answer as a whole percent.) b. should the project be accepted? c. what is the required rate of return on the project if its beta is 1.60? (do not round intermediate calculations. enter your answer as a whole percent.) d. if project's beta is 1.60, should the project be accepted?
a. 11% is the required rate of return on the project.
b. With an IRR of 15%, the project should be accepted.
c. 21% is the required rate of return on the project if its beta is 1.60.
d. Required rate of return is greater than the project IRR. You should now reject the project.
The internal rate of return (IRR), a statistic used in financial research, is used to determine the profitability of potential investments. IRR is a discount rate that brings all cash flows' net present values (NPV) to zero in a discounted cash flow analysis. The NPV and IRR computations both use the same formula.
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desk costs $195 in the united states. the same desk costs 150 british pounds. if purchasing power parity holds perfectly, what is the exchange rate in dollars per pound quzilet
Answer:1.3
Explanation:
According to PPP, countries' exchange rates are in equilibrium when their purchasing power is the same, which means that their exchange rates should be equal to the ratio of their price levels.
Cost of goods in country A divided by cost of goods in country B equals purchasing power, or $195 divided by £150, or 1.3 dollars per pound.
What is 1 lb to a US dollar?The current exchange rate for one British pound is 1.1901 USD.
How does the pound compare to the dollar right now?The GBPUSD exchange rate today is (1.2271) in comparison to the GBPUSD rate yesterday (1.21555).
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All of the following are common dividend options found in life insurance policies EXCEPT
the purchase of the insurance company’s common stock
the accumulation of the dividends at interest
the reduction of future premiums
the purchase of paid-up insurance
All of the subsequent are not unusual place dividend alternatives determined in lifestyles coverage rules EXCEPT the acquisition of paid-up coverage.
The required details for paid-up life insurance in given paragraph
A paid-up lifestyles coverage is a lifestyles coverage coverage this is paid in full, stays in pressure, and also you do not must pay any extra charges. It remains in-pressure till the insured's dying or in case you terminate the coverage. Paid-up lifestyles coverage is most effective an choice for positive complete lifestyles coverage rules. A paid-up coverage coverage is one wherein the policyholder stops top rate charge however keeps to experience coverage coverage. The sum confident in such instances reduces to a cost primarily based totally at the range of charges paid until date.
A lifestyles coverage coverage wherein if all of the top rate bills are entire and the insured is freed from all charge obligations, the coverage remains intact till insured's dying or termination of the coverage is known as paid-up coverage.
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All of the subsequent are not unusual place dividend alternatives determined in lifestyles coverage rules EXCEPT the acquisition of paid-up coverage.
The required details for paid-up life insurance in given paragraph
A paid-up lifestyles coverage is a lifestyles coverage coverage this is paid in full, stays in pressure, and also you do not must pay any extra charges. It remains in-pressure till the insured's dying or in case you terminate the coverage. Paid-up lifestyles coverage is most effective an choice for positive complete lifestyles coverage rules. A paid-up coverage coverage is one wherein the policyholder stops top rate charge however keeps to experience coverage coverage. The sum confident in such instances reduces to a cost primarily based totally at the range of charges paid until date.
A lifestyles coverage coverage wherein if all of the top rate bills are entire and the insured is freed from all charge obligations, the coverage remains intact till insured's dying or termination of the coverage is known as paid-up coverage.
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which government agency is placed in charge of prohibiting false and misleading
The FTC is primarily responsible for establishing whether a particular piece of advertising is fraudulent or deceptive and for prosecuting the sponsors of such content. The FTC accepts reports of consumer fraud.
What method has the Supreme Court used to extend some clauses of the Bill of Rights to shield citizens against state government actions?Through the Due Process clause of the Fourteenth Amendment, certain provisions of the first ten amendments of the United States Constitution, also known as the Bill of Rights, are made applicable to the states under the incorporation concept. Both administratively and substantively, incorporation is applicable.
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in countries with highest malnutrition rates, both personal and national economies decline as productivity ceases.
In countries with highest malnutrition rates, both personal and national economies decline as productivity ceases True.
What is the primary reason for malnutrition and undernourishment in the world?Malnutrition is a widespread issue. Poverty and a lack of knowledge about nutrition are the main factors in both the developed and developing worlds.
Where in the globe has the highest rate of hunger?The area with the highest prevalence (% of population) of hunger is Sub-Saharan Africa.
Which of the following is the primary cause of hunger and malnutrition?Food poverty is the main factor causing hunger in the US and other industrialized nations. Many people go without eating because they lack the funds to pay for both food and other requirements.
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factories readily employed women and children because they received higher wages and benefits. truefalse
Tasks tended to be divided for efficiency's sake which led to repetitive and monotonous work for employees.
In industries, the working environment was frequently unpleasant. The days were lengthy, with ten to twelve hours on average. Oftentimes, dangerous working circumstances resulted in tragic accidents. For the purpose of efficiency, tasks have a tendency to be separated, which results in repetitious and dull labour for employees. Workers now enjoy better pay, more acceptable hours, safer working conditions, health benefits, and assistance for retirement or injury thanks to the efforts of labour unions. The abolition of child labour was also made possible by labour unions. Uriah S. Stephens established the Knights of Labor in 1869*. The group had its headquarters in Philadelphia and initially operated as a tiny, covert working-class fraternity. However, under Terence V.'s tough direction by the late 1880s.
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All of the following are stock market indices EXCEPT:
Multiple Choice
Mercantile 1000.
Standard & Poor's 500 Index.
Dow Jones Industrial Average.
Nasdaq Composite Index.
Except for the Mercantile 1000, all of the following are stock market indices.
The gathering of buyers and sellers of stocks, which represent ownership claims on companies, is known as an equity market, stock market, or share market. These securities may comprise both stock that is listed on a public stock exchange and stock that is only traded privately, such as shares of private enterprises that are made available to investors through equity crowdfunding platforms. When making an investment, a strategy is normally in place. A stock exchange is a marketplace where stockbrokers and traders can exchange shares, bonds, and other types of assets. A stock exchange is where shares of several large corporations are traded. As a result, the stock has more liquidity, which makes it more appealing to many investors. The exchange may also provide settlement assurance. Every one of these stocks
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The Product Manager is responsible for which three activities? (Choose three.)
Establishing Features and Benefit Hypothesis
Assigning Agile Release Trains to a common technological and architectural vision
Developing user story acceptance criteria
Defining Program Backlog content
Prioritizing Features for optimum economic value
Prioritizing Capabilities and Enablers
Prioritizing Capabilities and Enablers, Establishing Features and Benefit Hypothesis and Prioritizing Features for optimum economic value.
For the whole product life cycle, product management must support development by defining desired, viable, practicable, and sustainable solutions that meet consumer needs. The level of intricacy of the Solution determines the role. One Product Manager may perform the role of Product Management for some solutions. Others might require a group of product managers. Introduction, growth, maturity, and decline are the four distinct stages of the product life cycle that successful solutions pass through. Each solution is guided by product management through these phases, ensuring that maximum business value is realized throughout the solution's lifespan.
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An activity that has more than one dependency arrow flowing into it is termed a(n)
A. Parallel activity
B. Critical path
C. Burst activity
D. Merge activity
E. Independent activity
An activity that has more than one dependency arrow flowing into it is termed Merge activity
Two users can work on different aspects of the work item simultaneously when the Branch activity is used in conjunction with the Merge activity. When users have done working, the Merge action synchronizes the incoming branches. When several activities arrive to one event and join it at the same moment, a merge event occurs. 2. Burst event - When several activities leave an event at once, it is called a burst event. An activity that is quickly followed by another is referred to as a burst activity. Merge Event: A merge event happens when one event gives rise to two or more subsequent events.
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which one of the following is the focus of activity-based management? a. to improve allocation of indirect production costs. b. to reduce the number of cost pools. c. to increase the number of volume-related allocation bases. d. to improve the effectiveness of activities.
The focus of activity-based management is to (d) improve the effectiveness of activities.
Activity-based costing aims to identify and minimize cost drivers by maximizing resources. Activity-based management concentrates on business processes and managerial activities driving organizational business goals. Activity-based management (ABM) is a technique for examining a company's profitability and identifying strengths and shortcomings in each area of its operations.
ABM is used by management to identify which sections of the company are losing money so that they may be improved upon or eliminated entirely. ABM frequently uses data obtained through activity-based costing (ABC), a technique for identifying and decreasing cost drivers through more efficient resource utilization.
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a project has annual cash flows of $5,500 for the next 10 years and then $9,000 each year for the following 10 years. the irr of this 20-year project is 12.45%. if the firm's wacc is 12%, what is the project's npv? do not round intermediate calculations. round your answer to the nearest cent.
The project's NPV $209.56 approximately. The worth of all future cash flows, both positive and negative, discounted to the present, during the course of an investment, is known as net present value (NPV).
For the given question, the project's NPV is computed as shown below:
NPV = Initial investment + Present value of future cash flows
Present value is computed as follows:
= Future value / (1 + r)^n
So, the NPV at 9% is computed as follows:
= $ 5,500 / 1.121 + $ 5,500 / 1.122 + $ 5,500 / 1.123 + $ 5,500 / 1.124 + $ 5,500 / 1.125 + $ 5,500 / 1.126 + $ 5,500 / 1.127 + $ 5,500 / 1.128 + $ 5,500 / 1.129 + $ 5,500 / 1.1210 + $ 9,000 / 1.1211 + $ 9,000 / 1.1212 + $9,000 / 1.1213 + $ 9,000 / 1.1214 + $ 9,000 / 1.1215 + $ 9,000 / 1.1216 + $9,000 / 1.1217 + $9,000 / 1.1218 + $ 9,000 / 1.1219 + $ 9,000 / 1.1220
= $ 129,152.6577 approximately
The project's NPV at 12.45% is computed as follows:
= $ 5,500 / 1.12451 + $ 5,500 / 1.12452 + $ 5,500 / 1.12453 + $ 5,500 / 1.12454 + $ 5,500 / 1.12455 + $ 5,500 / 1.12456 + $ 5,500 / 1.12457 + $ 5,500 / 1.12458 + $ 5,500 / 1.12459 + $ 5,500 / 1.124510 + $ 9,000 / 1.124511 + $ 9,000 / 1.124512 + $ 9,000 / 1.124513 + $ 9,000 / 1.124514 + $ 9,000 / 1.124515 + $ 9,000 / 1.24516 + $ 9,000 / 1.124517 + $ 9,000 / 1.124518 + $ 9,000 / 1.124519 + $ 9,000 / 1.124520
= $ 128,943.0934
Now, we shall take the difference of the two NPV's as computed above:
= $ 129,152.6577 - $ 128,943.0934
= $ 209.56 approximately
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standard measurement used to compare packages of different sizes is a. coupons b. open dating c. rebates d. unit pricing e. warranty
Unit pricing is the standard measurement used to compare packages of different sizes.
There are many different types of measurement systems in use around the world, but the international standard unit of measurement is the International System of Units (SI). The SI unit of length is the meter, and the SI unit of mass is the kilogram.
Unit pricing is a pricing method used by some retailers, in which goods are priced according to their unit of measurement rather than by the item. This method can be useful for shoppers who want to compare prices of similar items from different brands.
Hence, the correct option is "D".
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on december 31, 2023, vivid corporation prepared adjusting entries that included the following items: depreciation expense: $30,000. accrued sales revenue: $28,000. accrued expenses: $20,000. used insurance: $8,000; the insurance was initially recorded as prepaid. rent revenue earned: $6,000; the rent was initially prepaid by the tenant and credited to unearned rent revenue. if vivid corporation reported pretax income of $220,000 prior to the adjusting entries, how much is vivid's pretax income after the adjusting entries?
After the adjusting entries, Vivid Corporation's pretax income would be $266,000.
This is calculated by taking the original pretax income of $220,000 and adding the adjusting entry amounts of $30,000 (depreciation expense), $28,000 (accrued sales revenue), $20,000 (accrued expenses), ($8,000) (used insurance), and $6,000 (rent revenue earned). This brings the total to $266,000.
Pretax earnings are a company's income left over after all operating expenses, including interest and depreciation, have been deducted from total sales or revenues, but before income taxes have been subtracted.It is is a company's income after all operating expenses, including interest and depreciation, have been deducted from total sales or revenues.
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