Digital sensors are being used in a major plant to monitor the machines and collect data. The data gives the manufacturer real-time information so it may swiftly alter its resource allocation.
Data can be used by factory workers to monitor production. For the analysis of the evolution of the product produced in the industries, data gathered from sizable factories or industries is employed. Digital sensors are being used at a major plant to monitor equipment and gather data. Sensors gather precise and timely data that can be distributed among networked machine equipment. Automated quality monitoring systems are dependent on a wide variety of sensor technologies, which gather physical data through the use of probes and sensors.
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How does price discrimination move a market that is not perfectly competitive to an efficient output level?.
Price discrimination allows a firm to sell at a much higher output.
Therefore it is making use of its previous spare capacity. This allows the firm to be more efficient with its factors of production. The increased output allows the firm to have lower long-run average costs, further achieving greater profits
What is the average cost?
Average cost, often known as unit cost, in economics is calculated by dividing the total cost (TC) by the quantity of a good produced (the output Q): Average cost strongly influences how businesses decide to price their goods. The average price per unit of output is known as average cost (AC), also known as average total cost (ATC). Divide the total cost (TC) by the volume being produced by the company to determine it (Q). Typical Uses of the Average Cost Approach.
The total inventory purchased during the quarter, $113,300, is divided by the total inventory count during the quarter, 100, yielding a weighted average cost of $1,133 per unit.
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which concept refers to where one organization owns multiple participants in the supply chain? supply chain management vertical integration intensive distribution horizontal integration
Vertical integration refers to where one organization owns multiple participants in the supply chain.
Vertical integration is a word used in microeconomics, management, and international political economy to describe a situation in which a firm's supply chain is integrated and owned by that company.
Typically, each link in the supply chain creates a unique product or (market-specific) service, and the combined products work to meet a single need. In contrast, horizontal integration occurs when a corporation manufactures a number of similar products.
In addition to common ownership, vertical integration has also been used to describe management strategies that integrate significant elements of the supply chain into a single company (as in the 1920s when the Ford River Rouge Complex began making much of its own steel rather than buying it from suppliers).
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home ownership: rent versus own your tax clients, jack and diane a married couple filing a joint return, fell in love with a new construction house for sale in their small illinois hometown. the builder offers two options on the home: purchase with 20% down or rent the home. assume the following facts and projections when considering the analysis:.
When they leave the state in ten years, they won't have to pay taxes on their two properties, which will greatly increase their after-tax income flow. Currently, they must pay taxes and other living expenses in the state.
According to the query, Jack and Diane have decided to put down 20% of the home's value, or $40,000, on the purchase of the property. The remaining $160,000 will be funded with a 30-year mortgage loan at a cost of 5.25%. Jack and Diane currently reside in a state where they are required to pay tax on their AGI at a rate of 4.95%. They currently have to pay taxes and other living expenses in the state; however, after leaving in ten years, they won't have to pay taxes on their two properties, which will significantly improve their after-tax cash flow.
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which posters does the occupational safety and health act (osha) require most businesses to display? choose 3 answers.
The posters that the occupational safety and health Act (OSHA) require most businesses to display are:
A. the "Family and Medical Leave Act" posterB. the "Job Safety and Health Protection" posterC. the "Fair Labor Standards Act" posterWhat does the occupational safety and health act provide?The Occupational Safety and Health Act, is a federal law passed by the Congress in 1970 to ensure safe workplace conditions around the country. The legislation established the federal Occupational Safety and Health Administration (OSHA), which sets and enforces workplace health and safety standards.
The Act applies to most private sector employers and their workers, in addition to some in the public sector. In conclusion, the Occupational Safety and Health Act serves as the enforcement arm of the act, applying fines and penalties to employers that violate its rules, standards, and guidelines.
Missing options "the "Job Safety and Health Protection" poster, the "Fair Labor Standards Act" poster, the "Family and Medical Leave Act" poster, the "Fire Escape Routes" poster".
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Modernization theories projected a certain trajectory for nonindustrialized nations once they gained their independence from their previous colonial rulers. Identify the shifts that modernization theories predicted would occur.
kinship-based to contract-based social relations (Modernization theories predicted that periphery nations would adopt part of Western culture: contract-based social relations based on the desire to make money. This assumption comes from a lack of cultural understanding)
agriculture to industry
poverty to wealth
NOT:
capital accumulation to subsistence lifestyles (Modernization theories predicted the opposite. While local economies might have been sustainable, modernization theories believed countries would want to and should adopt a capitalist economy based on mass consumption.)
Modernization theories help us to predict how societies evolved once they gained their independence from their previous colonial rulers.
Both the process of social evolution and the social factors that contribute to it are sought to be described by modernization theory. The changes that modernization theories anticipated would take place are as follows:
1. A change from social relations based on kinship to those based on contracts: Modernization theories predicted that peripheral nations would absorb aspects of Western culture. This denotes a shift away from social interactions based on kinship toward ones based on contracts and the need to make money. However, this assumption stems from a lack of cultural sensitivity.
2. A transition from agriculture to industry: This is the case because it is anticipated that industrialization will receive more investment.
3. A change from poverty to wealth: This suggests that there will be a change from low standards of living to higher ones.
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Consumer surplus will _____ when a monopolist goes from single-price monopoly to perfect price discrimination. Remain the same increase decrease initially increase and then return to its original level.
The consumer surplus will shrink as the monopolist switches from monoprice monopoly to perfect price discrimination. Remain the same increase lower initially increase and then return to the original level.
A consumer surplus occurs when the price consumers pay for a product or service is less than the price they are willing to pay. It is a measure of the added benefit that consumers receive because they pay less for something than they are willing to pay.
Consumer surplus occurs when consumers are willing to pay more for a particular product than the current market price.
Consumer Surplus BasicsThe concept of consumer surplus was developed in 1844 to measure the social benefits of public goods such as national highways, canals and bridges. It has become an important tool in the field of welfare economics and the formulation of tax policies by governments.
Consumer surplus is based on the economic theory of marginal utility, which is the additional satisfaction a consumer gets from one more unit of a good or service. The usefulness of an item or service varies from individual to individual based on their personal preference.
Typically, the more of a good or service consumers have, the less they are willing to spend more, because of the diminishing marginal utility or additional benefits they receive.
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determine the planned percent increase if last year's sales were $460,000, and this year's sales are planned at $480,000.
Given in question that;
Planed Sales of this year is $480,000
Planned sales of last year is $ 460,000
According to planning our sales is increasing and business is getting in profit,
So,Planed percent increase in sales = (Planed Sales of this year - Planned sales of last year)/Planned sales of last year × 100
Thus,Planned percent increase in sales = = [(480000 - 460000)/460000]×100
= [200000/460000]×100
= [1/23] × 100
= 0.23
Hence, Planned percent Increase in sales is 0.23%
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lense laboratories' net income was $250,000. given the account information below, what is the net operating cash flows for lense laboratories?
The net operating cash flows for lense laboratories will be $312,000.
Provided that:
Increase in Accounts Receivable - $60,000
Increase in Salaries Payable - $50,000
Decrease in Inventory - $30,000
Depreciation Expense - $45,000
Increase in Prepaid Insurance - $3,000
The distinction between net operating cash flow and gross operating cash flow is that net operating cash flow includes interest and tax expenses, both of which are impacted by the financial structure (level of indebtedness).
A measure of a business's capacity to produce cash from operations is called net operational cash flow, or NOCF. It is computed by deducting a company's operating cash flow from its capital expenditures.
A company's capacity to pay operational costs, service debt, and make investments can be evaluated using the NOCF.
Financial costs (loan interest) and corporate income tax are subtracted from gross operational cash flow to determine net operating cash flow.
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Insurance companies face the problem of when people with highest probability of getting the insurance payoffs are the ones who purchase insurance. Multiple Choice moral hazard adverse selection O agency costs O fraud О over-insurance
Insurance comp-anies face the problem of when people with high-est probability of getting the insurance pay-offs are the ones who pur-chase insurance. This is call-ed adverse selection.
What is adverse selection?Adverse selection is when sell-ers have inform-ation that buyers do not have, or vice versa, about some asp-ect of pro-duct quality. It is thus the tend-ency of those in dangerous jobs or high-risk lifes-tyles to purchase life or dis-ability insurance where chances are greater they will col-lect on it.
Adverse selection is the pheno-menon that bad risks are more like-ly than good risks to buy insur-ance. Adverse select-ion is seen as very import-ant for life insur-ance and health insurance.
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Tyler earns a salary of $150,000 and invests $60,000 for a 20% interest in a passive activity. Operations of the activity result in a loss of $250,000, of which Tyler's share is $60,000. Of these amounts, $60,000 is suspended under the at-risk rules and $30,000 is suspended under the passive loss rules.False
The statement of these amounts, $60,000 is suspended under the at-risk rules and $30,000 is suspended under the passive loss rules is false.
What is passive activity loss rule?Passive activity loss rule can be defined as the rule that tend to prevent people from claiming a losses deduction that is related to the business operation they do not partake in.
The amount of $0 of Tyler loss will be suspended under the at-risk rules, thereby leaving a potential deduction of the amount of $60,000 in which the $60,000 loss is as well be suspended under the passive loss rules.
Therefore the statement is false.
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cervine corporation makes two types of motors for use in various products. operating data and unit cost information for its products are presented below.
Cervine's relevant contribution margins, per machine hour for each product, to be utilized in making a decision on product priorities for the coming year are $18.50 and $16.00
What is meant by contribution margin?The total amount of revenue left over after variable costs to pay for fixed costs and turn a profit for the business is shown by the contribution margin, according to Knight. This could be viewed as the portion of sales that helps to cover fixed expenses.
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses. One of the main components of break-even analysis is the idea of contribution margin.
The amount of sales revenue referred to as "Contribution" is the portion that is not used to pay variable costs and thus helps to cover fixed costs. One of the fundamental principles of break-even analysis is this idea.
The complete question is : Cervine Corporation makes two types of motors for use in various products. Operating data and unit cost information for its products are presented below. Product A Product B Annual unit capacity10,00020,000Annual unit demand10,00020,000Selling price$100$80Variable manufacturing cost(53)(45)Fixed manufacturing cost(10)(10)Variable selling & administrative(10)(11)Fixed selling & administrative(5)(4)Fixed other administrative(2)(0)Unit operating profit$ 20$10Machine hours per unit2.01.5Cervine has 40,000 productive machine hours available.
';
Cervine's relevant contribution margins, per machine hour for each product, to be utilized in making a decision on product priorities for the coming year are
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sort the following features based on whether they correspond to active margins, passive margins, or both. quizle
The feature that corresponds to the respective margins will be active margins and passive margins
What corresponds to the respective margins?The active margins include:
Formation of igneous rock.
Submarine lava eruptions.
Trench.
Accretionary prism.
Mid-oceanic ridge.
The passive margin include:
Gentle continental slope.
Few or more earthquakes.
Continental rise.
Broad continental shelf.
The features that fall under both active and passive margins will be:
Underlain by oceanic crust.
Formation of sedimentary rock.
Can be adjacent to thick continental crust.
It should be noted that the difference between active and passive margin is whether the crystal boundary that's between the lithosphere and the continental lithosphere is a plate boundary or not.
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Active margins & passive margins will be the features that correspond to the various margins.
What are passive margins?A passive plate margin is a boundary between the oceanic as well as continental lithosphere that wasn't an active plate boundary. An old rift that is now identified by transitional lithosphere gives rise to a passive edge through sedimentation. New ocean basins are formed through continental rifting.
What are active margins?On the continent's leading edge, where it is colliding with an oceanic plate, there is an active continental margin. The west coast of South America is a prime illustration. Tectonic activity, such as earthquakes, volcanoes, mountain construction, and the creation of new igneous rock, frequently occurs along active boundaries.
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when a company recognizes a cash payment for interest expense on a bond that was issued at a discount:
Net income decrease;
total assets decrease
If the advertised interest rate on the bonds is lower than the current market interest rate, investors are likely to pay less than the face value of the bonds when a company issues them.
Investors benefit from a higher return on their increased investment by doing this. If this is the case, the issuing company records the additional amount as interest expense by storing the amount of the discount (the difference between the face value and the amount paid) in a contra liability account and amortizing it over the bond's duration.
If the advertised interest rate on the bonds is lower than the current market interest rate, investors are likely to pay less than the face value of the bonds when a company issues them.
Investors benefit from a higher return on their increased investment by doing this. If this is the case, the issuing company records the additional amount as interest expense by storing the amount of the discount (the difference between the face value and the amount paid) in a contra liability account and amortizing it over the bond's duration.
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cash flows from operating activities for both the indirect and direct methods are presented for electronic transformations. cash flows from operating activities (indirect method) net income $ 34,500 adjustments to reconcile net income to net cash flows from operating activities: depreciation expense 7,500 increase in accounts receivable (11,500 ) increase in accounts payable 6,500 increase in income tax payable 4,500 net cash flows from operating activities $ 41,500 cash flows from operating activities (direct method) cash received from customers $ 75,500 cash paid for operating expenses (24,500 ) cash paid for income taxes (9,500 ) net cash flows from operating activities $ 41,500 required: complete the following income statement for electronic transformations. assume all accounts payable are to suppliers.
The company's regular operations of making and selling its products and services bring in a certain amount of money, which is referred to as the cash flow from operating activities. It is the inflow and outflow of cash within the business.
An effective cash flow is what?
For a business to maintain long-term growth, there must be a positive cash flow, which is simply defined as more money flowing into to the till rather than out of it. Even while many American businesses in growth mode often spend more money then they earn, a company's survival depends on its ability to maintain a positive cash flow.
Cash flow: Is it a debt?
The cash ratio measures the relationship between an organization's operating cash flow and its overall debt. This ratio, which is a sort of coverage ratio, can be used to estimate how it would take a business to pay off its debt if 100% of its cash flow was directed toward debt service.
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What are the specific objectives of most central bankers ?.
The central bank is the country's premier financial institution. It plays several important roles in the smooth functioning of the economy.
Central banks issue money on behalf of governments. It formulates monetary policy on behalf of the government. It acts as a government banker. She works as a banker in a commercial bank.She oversees all financial institutions. Commercial banks are responsible for providing services to businesses and consumers. Fiscal policy is formulated by the government. Governments are also responsible for ensuring economic growth.
The central bank's key role is to implement monetary policy to achieve price stability (low and stable inflation) and to manage economic volatility. A central bank's primary objective is to ensure financial stability. Depending on the country, the central bank's goals may differ, as follows: B. Managing Inflation, Unemployment, Interest Rates or Exchange Rates. However, all of these objectives are consistent with the primary objective of ensuring financial stability.
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A group of individuals who share a philanthropic or other vision may operate as an ___ if the association is small or if the organizers expect the endeavor to have a limited life.
unincorporated association
A group of individuals who share a philanthropic or other vision may operate as an unincorporated association if the association is small or if the organizers expect the endeavor to have a limited life.
Someone who arranges something (inclusive of an event) specifically via way of means of systematic making plans and via way of means of coordinating the efforts of others. the organizers of the festival. Community organizers have scheduled different activities across the town this weekend to have fun Martin Luther King Jr. Day. Philanthropy refers to charitable acts or different right works that assist others or society as a whole. Philanthropy can encompass donating cash to a worth purpose or volunteering time, effort, or different kinds of altruism.
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match the type of alliance (on the left) with its definition (on the right). non-equity alliance non-equity alliance drop zone empty. equity alliance equity alliance drop zone empty. joint venture
Contract-based partnerships are known as non-equity alliances, equity alliances are partnerships and in at least one partner acquires a stake in the other, and joint ventures are newly formed organizations.
What does social alliance mean?In order to address both environmental and challenges, social coalitions are voluntary collaborations of two or more entities with various organizational structures, such as enterprises, governments, and nonprofits. These alliances do this by pooling resources, expertise, and capacities.
What exactly is a global alliance?An alignment is a collection of nations that band together to advance their shared strategic interests in foreign policy. Alliances frequently agree to provide military assistance if one of their members is threatened; this formal commitment is known as "mutual security."
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What is it called when an investment makes money?.
when an investment makes money is called as investment gain or profit.
when an investment makes money is called as profit that we gain. when we invest in something or we paid for the something and after sometimes we sell it and the price is higher than the price we initially paid so, we earn profit from the invest we do initially. the examples are we dividends from the bonds, profit from real state or stock. investment is the money to purchase something when the risk is low and sell them when the price is higher.
Thus the money which we make from the investment is called as the profit.
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A. In the short run, the price of squeakykleen is $ g 2 and the quantity is 30. B. The efficient price of squeakykleen is $ 1. 50 and the efficient quantity is 40. C. What is the deadweight loss?
The deadweight loss is -2.5. Deadweight loss is a loss in total surplus that happens once the economy produces an inefficient amount.
We tend to check out an example of the govt. regulation costs, and terminated that a deviation from the equilibrium amount is what causes a deadweight loss.
Loss = .5* (P2 - P1) * (Q1 - Q2).
=0.5* (2-1.50)* (30-40)
=0.5* (0.50) * (-10)
=-2.5
The deadweight loss is -2.5.
A deadweight loss may be a price to society created by market unskillfulness, which happens once offer and demand are out of equilibrium. primarily employed in economic science, the deadweight loss will be applied to deficiency caused by an inefficient allocation of resources.
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Murray hires Ginny as a sales representative and agrees to pay her a 15 percent commission on all her sales. One month later, Murray pays Ginny a 5 percent commission on her sales, explaining that the company was cutting back on overhead. Which of the following types of breaches describes this scenario?
Partial breach
Anticipatory breach
Substantial breach
Total breach
Repudiation breachTotal Breach
Ginny is hired by Murray as a sales agent, and he promises to give her a 15% commission on all of her sales. Murray gives Ginny a 5% commission on her sales a month later and justifies it by saying that the business is reducing expenses. So, total breach describes this scenario.
A breach of a contract happens when at least one party fails to carry out their responsibilities in accordance with the terms of the agreement since a contract will call for each party to do something (known as the performance required by the agreement). Data breaches are most often the result of compromised or stolen credentials. If dishonest thieves know your account and password, they have access to your network.
When one party doesn't carry out even one of the pact's requirements, there is a total violation of the contract. A complete breach can involve not sending any products to fulfill a sizable request.
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If gdp grows more rapidly than population for a particular country over a period of time, then we can determine that.
It can be determined that there is an increase in the GDP per capita when the GDP of a country grows more rapidly than the population of a particular country over a period of time.
GDP per capita can be referred to or considered as the final value of the goods and services produced in an economy per compared to the total population of the economy, which has been taken into consideration. When the rate of increase in GDP is more than the increase in population, an increase in the GDP per capita is experienced.
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7. what would you choose as optimal batch size so that the cover capacity equals the capacity of pages (15 units/hour)?
We suggest experimenting with smaller batch sizes first in order to find the ideal batch size, but keep in mind that smaller batch sizes necessitate lesser learning rates.
What are the two elements required to establish the ideal batch size for a process?The holding cost (the cost for delayed feedback, inventory degradation, and delayed value delivery) and transaction cost determine the economically ideal batch size (the cost of preparing and implementing the batch).
How do you select the reinforcement learning batch size?The batch size has an impact on a number of metrics, including total training time, training time per epoch, model quality, and others. Typically, we choose a batch size that is a power of two, ranging from 16 to 512.
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premium on common stock:multiple choiceoccurs when a corporation sells its stock for more than par or stated value.is the difference between par value and issue price when the amount paid is below par.
Premium on common stock is the difference between par value and issue price when the amount paid is below par.
A stock, also known as fairness, is a protection that represents the possession of a fragment of the issuing agency. gadgets of stock are known as "stocks" which entitle the owner to a proportion of the organization's property and profits same as how tons stock they personal.
Peter Lynch recognized six classes of shares: gradual growers, stalwarts, speedy growers, cyclicals, turnarounds, and asset performers. legendary inventory market investor Peter Lynch identified six classes of stocks: sluggish growers, stalwarts, rapid growers, cyclicals, turnarounds, and asset performers.
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business data goes through a cycle that includes data collection, data , data correction, data processing, data storage, and documentation production.
The cycle of business data includes the phases of data gathering, data editing, correction, processing, storage, and documentation generation.
What is data editing?Data editing is the use of checks to find missing, inconsistent, or invalid information or to identify potentially incorrect data records. No matter what kind of data you are dealing with, different stages or phases of data gathering and processing include different modifications.Data cleaning is a crucial component of improving data quality for statistical analysis. Data editing is the process of ensuring and verifying the accuracy of data by cleaning it up. Currently, data editing is a little-discussed yet incredibly crucial step in the data collection process. Data collection, editing, correction, processing, storage, and documentation creation are all steps in the cycle of business data.Therefore, the cycle of business data includes the phases of data gathering, data editing, correction, processing, storage, and documentation generation.
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Correct question:
Business data goes through a cycle that includes data collection, data __________, data correction, data processing, data storage, and documentation production.
Does higher deductible mean lower premium?.
In most cases, the higher the deductible of a plan, the lower the premium. When you are willing to pay more upfront for care, you save money in the long run. The lower the deductible of a plan, the higher the premium.
What does "higher deductible" mean?Different things affect your premium. That’s the amount you pay each month to maintain your health care coverage. How many people are on your plan, the type of plan and network size all lower or raise your premium. So does a plan’s deductible.
The difference between a $500 and a $5,000 deductible is significant.Some people would prefer a lower premium and to pay more upfront for care as they go. It can make your expenses less predictable because you never know when you will have a large amount of medical bills.
Some people prefer to feel more financially secure. They like knowing that if they need insurance, they won't have to come up with a large sum of money before their plan begins to cover the cost. As a result, they would prefer a higher premium but a lower deductible. It increases the predictability of your costs.
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Hack Wellington Co. is considering a three-year project that will require an initial investment of $35,000. It has estimated that the annual cash flows for the project under good conditions will be $60,000 and $5,000 under bad conditions. The firm believes that there is a 60% chance of good conditions and a 40% chance of bad conditions. If the firm is using a weighted average cost of capital of 9.0000%, what will be the expected net present value (NPV) of the project? $61,189 $45,892 $52,011 $58,130
The expected net present value (NPV) of the project is
weighted average 9% (=r) Expected Present value CF
cost of capital Cash flow Cash flow Cash flow PVC
Year(t) Good(CF1) Bad(CF2) CF=60%*CF1+40%*CF2 (=CF/(1+r)^t)
0 -35,000 -35,000 -35000 -35000
1 60,000 5,000 38000 34862.3853
2 60,000 5,000 38000 31983.83974
3 60,000 5,000 38000 29342.97224
NPV $ 61,189
(=sum of above PVCs)
A fine NPV means the funding is profitable; an NPV of 0 indicates the inflows and outflows are balanced; and a bad NPV way the investment is not applicable. To calculate NPV, subtract today's discounted value of all expected destiny returns from the ultra-modern price of all anticipated investments.
NPV is calculated by taking the existing value of all cash flows over the lifestyles of a project. Then, the prevailing price of coin flows is subtracted from the funding's initial funding. If the difference is effective (more than 0), the challenge might be profitable.
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which of the following is not true about the implications for cost and revenue and market segmentation?
The segmentation strategy is typically associated with lower costs than a standardization strategy is not true about the implications for cost and revenue and market segmentation.
What is market segmentation?Market segmentation is a marketing term that refers to the grouping of potential buyers into groups or segments that share common needs and respond in the same way to marketing intervention. market segmentation allows companies to target different groups of consumers who perceive the full value of certain products and services differently from one another.
Advantages of market segmentation;
Increased resource efficiency: Marketing segmentation allows management to focus on specific demographics or customers. Stronger brand image: The marketing segment forces management to think about how it wants a certain group of people to see it. Once the market segment is identified, management must consider what message to create. Better potential for brand loyalty: Marketing segmentation increases the chances of consumers to build a long-term relationship with a company.To learn more about market segmentation, refer;
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a corporation sold 11,500 shares of its $10 par value common stock at a cash price of $13 per share. the entry to record this transaction would include:
A Credit to common stock For $115,000.
Stock includes all of the shares by means of which ownership of a enterprise or company is split. A unmarried percentage of the inventory approach fractional possession of the organisation in share to the total range of stocks.
A stock is a shape of protection that suggests the holder has proportionate ownership in the issuing enterprise and is offered predominantly on inventory exchanges.
Corporations problem stock to raise funds to operate their agencies. There are most important styles of inventory: common and preferred.
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sell or process further dakota coffee company produces columbian coffee in batches of 7,500 pounds. the standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. columbian coffee can be sold without further processing for $9.80 per pound. columbian coffee can also be processed further to yield decaf columbian, which can be sold for $11.60 per pound. the processing into decaf columbian requires additional processing costs of $6,300 per batch. the additional processing will also cause a 5% loss of product due to evaporation.
a. The differential analysis dated December 11 are shown as below
Sell Process Differential
Regular Further into Effect
Columbian Decaf on Income
(Alternative 1) Columbian (Alternative 2)
(Alternative 2)
Revenues 73500 82650 9150
Costs -45000 -51300 -6300
Income (Loss) 28500 31350 2850
b. Price of Decaf Columbian 11.20 per pound
What is price?Price is the value or money that customers give up for a specific offer that would satisfy their needs and wants. Simply put, price is a measure of the value a customer will exchange to purchase an offering. Prices act as an economic mechanism by which supply can be distributed among customers in the market. They are also indicators of how much supply is required and how much is offered or available.
The price of the product is the total value of the offer, which includes the value of all raw materials used in the offer and the value of the service. The price of the service takes into account all the elements related to the provision of the service, what it is.
Decaf Columbian units 7125 =7500*(1-5%) a. Differential Analysis
Sell Regular Columbian (Alt. 1) or Process Further into Decaf Columbian (Alt. 2)
December 11
Sell Process Differential
Regular Further into Effect
Columbian Decaf on Income
(Alternative 1) Columbian (Alternative 2)
(Alternative 2)
Revenues 73500 82650 9150
Costs -45000 -51300 -6300
Income (Loss) 28500 31350 2850
b.. Price of Decaf Columbian 11.20 per pound=11.60-(2850/7125)
Workings:
Sell Process
Regular Further into
Columbian Decaf
(Alternative 1) Columbian
(Alternative 2)
Revenues =7500*9.80 =7125*11.60
Costs =7500*6 =45000+6300
Dakota Coffee Company produces Columbian coffee in batches of 7,500 pounds. The standard quantity of materials required in the process is 7,500 pounds, which cost $6.00 per pound. Columbian coffee can be sold without further processing for $9.80 per pound. Columbian coffee can also be processed further to yield Decaf Columbian, which can be sold for $11.60 per pound. The processing into Decaf Columbian requires additional processing costs of $6,300 per batch. The additional processing will also cause a 5% loss of product due to evaporation.
a. Prepare a differential analysis dated December 11 on whether to sell regular Columbian (Alternative 1) or process further into Decaf Columbian (Alternative 2). If required, use a minus sign to indicate a loss.
b. Determine the price of Decaf Columbian that would cause neither an advantage nor a disadvantage for processing further and selling Decaf Columbian. Round your answer to two decimal places.$ per pound
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FILL IN THE BLANK. your buyer client is following your advice and has obtained title insurance. the policy is from __ and shows the legal description of the property and the standard items it covers, such as encumbrances of record.
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