The Annual Loan Payments will be $ 17,509.84, based on the query we have.
What is the loan's yearly payment?The entire amount of principle and interest due on the loan for any given bond year is referred to as the annual loan payment for that bond year.
This type of annuity pays out equal sums each month for a period of five years. These sums are partially made up of principal and partially of interest.
Using the formula for annuity
[tex]\mathrm{PV = P \times \dfrac{1 - (1 + r)^{-n}}{r}}[/tex]
where P is the initial loan balance
Y = The annual loan payment
Interest rate = r
n is the number of years
Annual Loan + Present Value (8.5 percent, 5) Present Value for Annuity Factor
Hence 69,000= Annual Loan × 3.940642079
or Annual Loan = 69000 / 3.940642079
= $ 17,509.84
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which one is not correct regarding dell strategy to take direct customer order via phone/internet? question 4 options: building this direct channel required an investment because of the added functions dell must perform. a large part of that cost can be attributed to information the company can respond more quickly to changes in consumer needs. dell can then modify its product offerings to meet these new needs dell is a high responsive company and this responsiveness due to it costs it a lot comparing to other competitors who has the same level of responsiveness dell is able to view the actual consumer demand much sooner than most pc manufacturers.
The last option is the correct solution to this question here. Dell is able to view the actual consumer demand much sooner than most PC manufacturers.
Dell is one of those manufacturers that sells it's PC's directly to it's end customers but a lot of other companies sell their components through resellers.
American-based technology corporation Dell Inc. It creates, markets, fixes, and supports computers as well as associated goods and services. The parent business of Dell, Dell Technologies, owns Dell.
Dell Inc., originally PC's Limited (1984–88) and Dell Computer Corporation (1988–2003), is a multinational corporation that creates, develops, and produces personal computers (PCs) and a range of associated goods. The business is a major PC provider in the world. The headquarters of Dell are in Round Rock, Texas.
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duke co. reported cost of goods sold of $270,000 for the current year. additional information is as follows: december 31 january 1 inventory $60,000 $45,000 accounts payable 26,000 39,000 if duke uses the direct method, what amount should duke report as cash paid to suppliers in its current year statement of cash flows? $268,000 $272,000 $242,000 $298,000
There is no correct answer mentioned in the options. Duke Co. should report $283,000 as cash paid to suppliers in its current year statement of cash flows. This is the correct answer.
To calculate the cash paid to suppliers using the direct method, we need to determine the change in accounts payable during the year.
The change in accounts payable is calculated as:
Accounts payable at the beginning of the year - Accounts payable at the end of the year
= $39,000 - $26,000
= $13,000 decrease in accounts payable
A decrease in accounts payable indicates that cash was paid to suppliers, so we need to add this decrease to the cost of goods sold to get the cash paid to suppliers.
Cash paid to suppliers = Cost of goods sold + Decrease in accounts payable
= $270,000 + $13,000
= $283,000
Therefore, Duke Co. should report $283,000 as cash paid to suppliers in its current year statement of cash flows, which is not among the answer choices provided.
So, none of the options provided is correct.
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n its year 4 income statement, cere co. reported income before income taxes of $300,000. cere estimated that, because of permanent differences, taxable income for year 4 would be $280,000. during year 4, cere made estimated tax payments of $50,000, which were debited to income tax expense. cere is subject to a 30% tax rate. what amount should cere report as income tax expense? $84,000 $90,000 $34,000 $50,000
The correct option is A. Amount should cere reported as an income tax expense is $84,000 Because there are no temporary differences, income tax expense equals the income tax liability for the period.
income tax = $.30($280,000) = $84,000.
Earnings are difficult to outline conceptually and the definition can be extraordinary for the duration of fields. for instance, a person's income in a financial experience may be unique from their income as described with the resource of the regulation.
A very essential definition of income is Haig–Simons earnings, which defines earnings as intake + trade-in internet truly worth and is widely applied in economics. For households and individuals within America, income is defined with the useful resource of tax law as a sum that consists of any earnings, earnings, profit, interest rate, rent, or some other shape of earnings acquired in a calendar year. Discretionary earnings are frequently described as gross profits minus taxes and special deductions (e.g., compulsory pension contributions), and are broadly used as a basis to take a look at the welfare of taxpayers.
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which two of the following are essential characteristics of a global organization?multiple select question.import from more than one countryhave high levels of ethnic diversity among employees in domestic operationsoperate in more than one countrycompete in more than one country
Competing in more than one country and operating in more than one country are essential characteristics of a global organisation.
In the world of banking and investing, a global firm is one that has a dominant headquarters but has large assets and facilities spread across several nations. The laws of the nation where a global corporation is incorporated regulate it. Across governmental boundaries, a global firm links its personnel, resources, and opportunities. A multinational firm may be more aware of local prospects and more exposed to risks due to its greater investment in its foreign operations. For instance, a company conducting business in Africa might find itself juggling both its business operations and the effects of a local Ebola outbreak. Born-global businesses start exporting their goods or services a few years after their establishment and may export 25% of their total sales.
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T/F: Net operating income computed using absorption costing will always be greater than net operating income computed using variable costing.
The statement net operating income computed using absorption costing will always be greater than net operating income computed using variable costing is true.
Net operating income determined by absorption costing will never exceed net operating income determined by variable costing. Despite the fixed manufacturing overhead, absorption costing net operating income is higher when inventory rises than variable costing net income.
Deferred in the balance sheet's inventory account. No change in inventories occurs when the number of units produced and sold equals one another. If production outpaces sales, absorption income generates a higher profit than variable net operating. Which decreased cost of goods sold for the current period and consequently increased profit.
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19. the work breakdown structure is subdivided into smaller components called: a. work packages b. milestones c. deliverables d. tasks
The correct option is A, Work packages. A Work Breakdown Structure (WBS) is a tool used to break down a project into smaller, more manageable components. These components are called work packages and represent specific deliverables of the project.
Milestones are also included in the WBS and are used to measure progress and achievements throughout the project. Outputs are the products, services or results that the project produces and are usually the main focus. Finally, tasks are the individual activities that must be performed to complete each work package and deliverable.
Tasks are the smallest elements of the WBS and are usually assigned to a specific person or group. In a nutshell, a WBS is a tool used to break down a project into smaller components such as work packages, milestones, deliverables, and tasks so that it can be more effectively managed and organized.
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jackie purchased a condominium, a private entity. when she bought it, she realized the homeowner's association had a variety of rules and regulations that she would need to follow. one regulation was that no children were allowed to live in the complex. two years after buying the condominium, jackie gave birth to a child. she was immediately served with papers notifying her to move out of the complex. discuss the constitutionality of the homeowner association's action. do not discuss fair housing laws.
Jackie was educated preceding purchase of the condo of all principles and regulations and agreed to them. The "no youngster" rule was not enacted after her purchase.
She is obligated to keep the guidelines and has no safeguard for not doing as such.
A Condominium is a private property and not the Government one. Constitution gives insurance to Government not the private parties. Jakie is adult and already knew the principles and regulation of condominium. She shouldn't have baby and presently assuming she has baby so she has to leave the condominium.
The action of property holder's association is not the Government one so Jakie cannot be furnished with any constitutional action.
Jakie has to get out from the condo and on the off chance that she wants, she can employ a lawyer and document a case. She has to pay the lawyer as this case is not a contingency case.
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What occurs during the process optimization step of business process management?
Multiple Choice
a. Analysts use flowcharts and other tools to depict workflow.
b. Managers adapt (modify) the process to enhance process performance.
c. The business process execution language engine is run.
d. Managers track the individual components of the process as well as the process as a whole.
Managers adapt (modify) the process to enhance process performance.
What is business process management?
According to Gartner, business process management (BPM) is the use of techniques to model, analyse, measure, enhance, and optimise company strategy and processes. Although task and project management are frequently mistaken with it, its focus is wider than these related subjects. When compared to BPM, task management concentrates on the overall end-to-end process. Project management relates to a single scope of work, whereas BPM is primarily concerned with repeating processes. Organizations may optimise their whole processes through continual process reengineering, which will boost efficiency and result in cost savings. This idea is not brand-new; BPM approaches include six sigma and lean concepts.
by including tools for decision management, activity monitoring, and sophisticated analytics.
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the primary purpose of the management process is to:a. develop organizational goals and make logical decisions.b. organize the various functions in a logical manner.c. ensure that all employees are working together effectively.d. achieve organizational goals efficiently and effectively.e. make sure things go as planned.
Option D. The primary purpose of the management process is to achieve organizational goals efficiently and effectively.
Management is the process of planning, organizing, leading, and controlling resources, including people, finances, and materials, to achieve organizational goals. The primary purpose of the management process is to ensure that the organization's goals are achieved in the most efficient and effective way possible. This involves setting goals and objectives, organizing resources to achieve those goals, leading and motivating employees to work towards those goals, and monitoring and controlling progress to ensure that the organization stays on track. By doing so, management helps the organization to maximize its resources and achieve its objectives in the most effective and efficient way possible.
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if quantity demanded responds substantially to a relatively small change in price, demand is: group of answer choices price-elastic. price-inelastic. positively sloped. insensitive to changes in price.
If quantity demanded responds substantially to a relatively small change in price, demand is price elasticity
The price elasticity of demand is the ratio of a product's percentage change in quantity demanded to its percentage change in price. It is a price-based indicator of how responsive client demand is for a product. In general, the absolute value of the number is more than one for a relatively inelastic product and less than one for a very elastic one. Markets are often relatively elastic, which means that modest price changes induce substantial changes in demand. Businesses utilize price elasticity to assess their market performance and alter their prices accordingly.
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your firm reduces its days in receivables from 87 to 67, which generates $3.4 million of new investment funds. growth rate in equity will increase because:
The company's cash conversion cycle will improve if days in receivable are decreased from 87 to 67. This enables the business to obtain payment from clients more quickly, which results in the creation of $3.4 million in fresh investment capital.
The additional investment money can be utilised to finance new projects, R&D, or other growth activities, which will result in a higher growth rate for equity. A higher stock price and an increase in the value of the company's equity may result from this as higher revenues and profits.Also, the company can increase its liquidity and lessen its dependency on outside financing by shortening the cash conversion cycle. This may contribute to lowering the cost of capital and raising the firm's shareholders' overall return on equity. In general, lowering days in receivables can significantly enhance a company's growth and profitability.
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The high-low method can be used to estimate the cost equation using just________
The high-low method can be used to estimate the cost equation using just two points.
What is cost?Cost, in popular usage, is the financial worth of the goods and services that producers and consumers purchase. The cost price, in accordance with fundamental economic discernment, is an estimation of the substitute opportunities forgone in choosing one good or pursuit over another.
What is the definition of average cost?Average cost, also known as unit cost, in economics is calculated by dividing the total cost by the quantity of items produced. Additionally, it is the same as the total of average fixed expenses + average variable costs. The time period under consideration may have an impact on average expenses. Average prices are a key element of supply and demand that have an impact on the supply curve.
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suppose there is an 18 percent decrease in the price of a good that has a price elasticity of demand of 4. the percent increase in the quantity demanded must be
The quantity demanded will increase by 72% in response to an 18% decrease in price, assuming that all other factors that influence demand remain constant.
If the price elasticity of demand for a good is 4, a 1% decrease in price would result in a 4% increase in the quantity demanded. In this case, there is an 18% decrease in price, so the percent increase in quantity demanded can be calculated by multiplying the elasticity by the percentage change in price:
Percent increase in quantity demanded = elasticity x percent change in price
Percent increase in quantity demanded = 4 x 18
Percent increase in quantity demanded = 72%
Therefore, the percent increase in quantity demanded must be 72%.
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The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in Multiple Choice - greenfield investment - an acquisition - a franchise artangement
- a licencing arrangement
The world flow of foreign direct investment between 1990 and 2017 increased 600 percent. If a company decides to establish a new operation in a foreign country, that company has engaged in "greenfield investment". The correct option is A.
The greenfield investment is the type of investment in which the foreign direct investment that parent company makes the subsidiary in the different company building its operations from the ground rise.
The benefits of Foreign Direct Investment (FDI) is Capital inflows create higher output and jobs, Capital inflows which can help the finance of a current account deficit and Long-term capital inflows are more sustainable than short-term portfolio inflows.
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How do companies regulate trade?
Answer:
Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.
curtis, without authorization and after many unsuccessful attempts to access the information, downloads a formula used by his employer to make an award-winning product. he plans to sell the formula to a competitor and make enough money to retire. instead, he may face:
criminal sanctions for deliberate trafficking in products or services bearing a counterfeit mark, appropriate attorneys' costs in rare circumstances.
What distinguishes a lawyer from an attorney?
All lawyers, counsels, and attorneys have received legal education and training. As previously stated, lawyers must pass the bar test in order to practice law in courts. Lawyers may or may not practice law and may or may not have passed the bar exam.
What four primary Lanham Act violations exist?
The Lanham Act defends intellectual property from deceptive advertising, unfair competition, trademark dilution, and trademark infringement. When one party uses a mark that is sufficiently similar to a well-known mark, dilution develops.
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Criminal penalties, as well as, in rare cases, appropriate attorneys' fees, may be imposed for the intentional trafficking of goods or services displaying a fake mark.
What sets a lawyer apart from an attorney?All counsels, attorneys, and lawyers have completed legal education and training programmes. As was previously said, in order to practise law in courts, attorneys must pass the bar exam. It is possible for lawyers to practise law and to have passed the bar test.
What are the four most common Lanham Act infractions?
Infringement, trademark dilution, unfair competition, and deceptive advertising are all protected by the Lanham Act. Dilution occurs when one party uses a mark that is sufficiently similar to a well-known mark..
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a lead capacity strategy has the advantage of: group of answer choices ensuring adequate capacity during all types of growth. a reduced risk of overbuilding. the ability to put off large investments as long as possible. greater productivity due to high utilization levels.
A lead capacity strategy has the advantage of Ensuring adequate capacity during all types of growth.
So, the option A is the correct option.
Organizations should ensure that adequate capacity is available during all types of growth by monitoring their current usage, estimating their future capacity needs, and taking steps to ensure that they can meet these needs. This may involve expanding their existing infrastructure, investing in new hardware or software, or outsourcing certain services. Additionally, organizations should ensure they have the necessary personnel and resources to manage any changes or expansions that are required.
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The complete question is:
A lead capacity strategy has the advantage of:
A) group of answer choices ensuring adequate capacity during all types of growth.
B) a reduced risk of overbuilding.
C)the ability to put off large investments as long as possible.
D)greater productivity due to high utilization levels.
The practice of businesses paying bloggers to write positive comments about the business is called ______.
The practice of businesses paying bloggers to write positive comments about the business is called Paid endorsement or sponsored content.
Sponsored content is top-notch content that support pays a distributor to make and disseminate. A kind of local promoting is steady with the encompassing substance on a website page.
All in all, supported content is a promotion that seems as though it should be there - it seems like a characteristic fit for a stage, rather than an obtrusive commercial. At its centre, supported content is straightforward: Two brands structure a supported substance organization - the promoter pays for the substance, and another brand, virtual entertainment powerhouse, or distributer shares it.
As a matter of fact, supported content is easy to such an extent that it's been around for north of 100 years. Also, it began with soap operas.
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Income tax is a type of _____ tax.
A.progressive
B.regressive
C.digressive
D.permissive
Income tax is a type of progressive tax .
What does "progressive tax" mean?
Progressive taxation is a type of taxation where the taxing body imposes higher rates of taxation as the taxpayer's income rises. Taxes are collected in varying amounts depending on the taxpayer's income, with larger taxes being collected from those making more money than those making less. The tax system used by the government is progressive.
What do regressive and progressive taxes mean?
A regressive tax is one in which the relative burden increases less than proportionately to the increase in income, whereas a progressive tax increases more than proportionally to the growth in income.
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Roberto can read for the next hour or watch tv. He chooses to read. It follows that a. The foregone benefits of reading are roberto's opportunity cost of watching tv. B. Roberto's opportunity cost of reading is zero. C. Roberto's opportunity cost of reading is negative. D. The foregone benefits of watching tv are roberto's opportunity cost of reading
In the given situation (D) reading represents a greater opportunity cost for Roberto than watching television.
What are the opportunity cost and the foregone benefits?The value or advantage forfeited by engaging in a specific activity in comparison to engaging in a different activity is known as the opportunity cost in microeconomic theory.
More precisely, it means you forfeit the chance to engage in a different activity if you choose one activity (for instance, an investment).
This benefit you forgo can be considered a cost to you associated with making your decision; in the study of economics, this cost is known as an opportunity cost.
The gain foregone in relation to the alternative choice when a decision is taken is what is known as opportunity cost.
Therefore, in the given situation (D) reading represents a greater opportunity cost for Roberto than watching television.
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managers at the tycho manufacturing are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. this process is called
Managers at the Tycho Corporation are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. This process is called strategic planning.
Strategic planning is the process through which an organization defines its strategy or direction and decides how to allocate its resources to achieve strategic goals. Additionally, it may include control systems for directing strategy execution. The objective of strategic planning is to establish general goals for your company and create a plan to attain them. It entails taking a step back from your day-to-day operations and asking yourself where your company is heading and what its priorities should be.
A business strategy, one of the most popular instances of strategic planning, is intended to improve income and brand recognition. There are several methods to capitalize on growth prospects, ranging from new goods and quality advancements to aggressive marketing and sales strategies.
Managers at the Tycho Corporation are engaged in a complex process of revising their organization's mission and goals and developing corporate strategy, marketing objectives, marketing strategy, and, eventually, a marketing plan. This process is called
a) marketing planning.b) strategic planning.c) marketing strategy.d) corporate strategy.e) strategic business planning.To learn more about Strategic planning, here
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you buy a 20-year bond with a coupon rate of 9.6% that has a yield to maturity of 10.6%. (assume a face value of $1,000 and semiannual coupon payments.) six months later, the yield to maturity is 11.6%. what is your return over the 6 months?
The return over the 6 months is -4.45%. This means that the bond has decreased in value over the 6 months, and the investor has incurred a loss.
To calculate the return over the 6 months, we need to find the price of the bond at the beginning and end of the period. The price of a bond can be calculated using the following formula:
Price = C x (1 - (1 + r)^(-n)) / r + F / (1 + r)^n
where:
C = the semi-annual coupon payment
r = the semi-annual yield to maturity
n = the number of semi-annual periods (in this case, 40)
F = the face value of the bond
Using this formula, we can calculate the price of the bond at the beginning of the period:
C = 0.096 x 1000 / 2 = $48
r = 0.106 / 2 = 0.053
n = 20 x 2 = 40
F = 1000
Price at beginning of period = 48 x (1 - (1 + 0.053)^(-40)) / 0.053 + 1000 / (1 + 0.053)^40 = $834.71
We can then calculate the price of the bond at the end of the period using the same formula, but with a yield to maturity of 11.6%:
C = 0.096 x 1000 / 2
= $48
r = 0.116 / 2 = 0.058
n = 20 x 2 = 40
F = 1000
Price at end of period = 48 x (1 - (1 + 0.058)^(-40)) / 0.058 + 1000 / (1 + 0.058)^40 = $795.62
The return over the 6 months is then calculated as follows:
Return = (Ending price - Beginning price + Total coupon payments) / Beginning price
Total coupon payments = 48 x 2
= $96
Return = (795.62 - 834.71 + 96) / 834.71
= -0.0445 or -4.45%
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if nicolai earns an 12 percent after-tax rate of return, $8,000 today would be worth how much to nicolai in five years? use future value of $1.
Future Value of $8,000 today would be worth $14,098.40 to Nicolai in five years if he earns a 12 per cent after-tax rate of return.
To calculate the future value of $1, we use the formula:
FV = PV x (1 + r)^n
where FV is the future value, PV is the present value, r is the rate of return, and n is the number of periods.
In this case, Nicolai earns a 12 per cent after-tax rate of return, which we can assume is the annual rate of return. The future value of $1 in five years with a 12% annual rate of return can be found using the following formula:
FV = $1 x (1 + 0.12)^5
FV = $1.7623 (rounded to four decimal places)
To find the future value of $8,000, we multiply the present value by the future value factor:
FV = $8,000 x 1.7623
FV = $14,098.40
Therefore, $8,000 today would be worth $14,098.40 to Nicolai in five years if he earns a 12 per cent after-tax rate of return.
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find the average rate of change in revenue if the production is changed from 954 car seats to 1,031 car seats. round to the nearest cent. $ per car seat produced
The average rate of change in revenue if the production is changed from 954 car seats to 1,031 car seats. round to the nearest cent. $ per car seat produced is 2.14.
Margin of profit, This relates to the modification in total revenue as a result of the sale of extra units of a good or service. The change in total revenue is represented by the marginal revenue. average earnings, This refers to the revenue generated by each distinct unit or user. The slope of the line, as was previously established, determines the rate of change in revenue (the marginal revenue) for a linear revenue function. In actuality, even if the revenue function is not linear, the slope of the revenue curve provides us with the marginal revenue. In sales applications, the average rate of change can be helpful for determining the impact of various product costs, pricing, and margins on the expansion of a company's profit.
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suppose the term structure of interest rates is shown below: term 1 year 2 years 3 years 5 years 10 years 20 years rate (ear%) 5.00% 4.80% 4.60% 4.50% 4.25% 4.15% the present value (pv) of receiving $1100 per year with certainty at the end of the next three years is closest to .
The present value (PV) of receiving $1100 per year with certainty at the end of the next three years is closest to $2381.
In the given problem, a person is receiving $1100 at the end of years 1,2, and 3.
So, the effective annual rate for 3 years is 4.60% per annum. This means we shall discount the $1100 received each year at a 4.60% per annum rate. We shall apply the following formula:
Present value of $1100 each year for 3 years = A *Present value annuity factor for 3 years at 4.60% p.a. where:
A = Annual inflow that is $1100
Present value annuity factor for 3 years at 4.60% p.a. =
[1/1.0460] + [1/(1.0460)^2 ] + [1/(1.0460)^3] = 2.74 (approximately)
Present value = 1100 * 2.74 = $2381
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which aspects are considered to run a grill factory mention them
hopeu give answers
The product design and the development are considered to run a grill factory
What is considered to run a grill factory?To run a grill factory, various aspects need to be considered, including:
Product design and development: This includes determining the types of grills that will be manufactured, as well as researching and developing new and innovative designs that meet customer needs and preferences.
Raw materials: The selection of raw materials is critical, as they will determine the quality, durability, and cost of the final product. Factors such as the type of metal used, the thickness of the metal, and the coating applied will all impact the final product.
Manufacturing processes: The factory will need to have the necessary machinery, tools, and equipment to manufacture the grills, including cutting, bending, welding, and finishing equipment.
Quality control: Quality control measures will need to be put in place to ensure that each grill produced meets the required standards and specifications. This may include regular inspections, testing, and measurements.
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on february 1, a customer's account balance of $4,100 was deemed to be uncollectible. what entry should be recorded on february 1 to record the write-off assuming the company uses the allowance method?
On February 1, a customer's account balance of $4,100 was deemed to be uncollectible. Debit Allowance for Doubtful Accounts $2,300 and credit Accounts Receivable $2,300.
If a certain customer's accounts receivable is recognized as uncollectible, the amount is written off by deleting it from Accounts Receivable.
Only balance sheet accounts are affected by the entry to write off a bad account: a debit to Allowance for Doubtful Accounts and a credit to Accounts Receivable.
Because this write-off is "covered" by earlier adjusting entries for expected bad debts expenditure, no expense or loss is indicated on the income statement.
Let's take a look at an example of a write-off. On June 3, a customer purchases $1,400 in products from Gem Merchandising Co. on credit. On August 24, the same customer alerts Gem Merchandising Co. of its bankruptcy filing.
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ssuming costs remain unchanged, in order for julius tower to break even: a. how many hotel room nights need to be booked per month at $150 per room night? b. what sales price per room night needs to be charged for 16,000 room nights per month?
The total expenditures and the contribution margin per hotel room night must be known in order to calculate the number of hotel room nights required for Julius Tower to break even each month.
How can it be calculated in detail?These are the formulas for calculating the contribution margin per room night:
Contribution margin is calculated as Sales Price per Night less Variable Costs per Night.
Contribution margin: $75 minus $150
$75 is the contribution margin.
In order to achieve break-even, the overall contribution margin must match the total fixed costs:
All fixed costs divided by the contribution margin is the break-even point.
$50k / $75 = break-even point
667 hotel nights a month are needed to break even.
For Julius Tower to break even, at least 667 hotel room nights must be reserved each month at a rate of $150 per night.
b. We may apply the same technique as previously, but arrange it to solve for the sales price per room night, to calculate the sales price per room night required to break even when 16,000 room nights are booked every month:
Sales price each night is equal to the sum of the contribution margin and the variable costs per night.
$75 plus ($50,000 divided by 16,000) is the sales price per night.
Nightly rate for sales is $78.125.
Julius Tower must thus charge at least $78.125 per room night when 16,000 hotel nights are reserved each month in order to break even.
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as a successful advertising executive, liam was asked to conduct an informational interview with the college-age daughter of a business associate. what does liam expect to happen during the course of this interview?
Liam was requested to conduct an interview session with the collegiate daughter of a business partner since he was a successful advertising executive.
How much does a successful advertising executive make?How much money does an American Top Advertising Executive make? As of January 26, 2023, the US average income for a Top Advertising Executive is $268,074, although the actual range is more like $237,452 to $299,470.
Pay rates for positions in advertisingThere is potential for big compensation in this industry because, according to some of the top earning marketing and advertising professions, marketers can easily make over $140,000 a year without a graduate degree. There is a wide variety, though, with some advertising and marketing positions paying around $60,000.
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Initial Franchise Fee vs Royalty Fee: What's The Difference?
The royalty is compensation for using the franchisor's brand and intellectual property, unlike a franchise fee, which is intended to be a cost centre for franchisors. Additionally, it covers the expenditures of continued education, business support and coaching, and innovation.
What is the definition of "compensation"?
A monetary payment made to a person in exchange for their services is sometimes referred to as compensation. At work, employees receive compensation. In addition to commission and other bonuses or advantages related to the specific employee's function, it also includes pay or earnings. It might boost output, raise job satisfaction, and help fill unfilled positions. The compensation of an employee includes pay, vacation time, sick leave, health insurance, and bonuses. Other incentives like a business car, free parking, free or reduced meals, travel expenses, etc. are also offered.
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