The lost income while away from music will likely outweigh the savings realized by doing the work himself, therefore, he had to hire a professional to do the restoration work.
Restoration is an action or effort to restore, restore, repair something to its original condition and form.
In general, the purpose of restoration is to restore something so that it returns to its original state. Referring to the meaning of the restoration, some of the objectives of restoration in various fields are as follows:
Forest Restoration Goals: to restore the damaged forest condition so that the forest returns to its original condition so that it functions as it should.Purpose of Restoration of Historic Buildings; to improve the condition of damaged historic buildings so that they return to their original state so that they can become tourist objects and research on life in the past.Economic Restoration Goals: to improve general economic conditions, so that they can return to a better and more stable economic condition.The Purpose of Political Restoration; to improve political conditions that are not conducive in a country so that it becomes better so that community activities are safe and under control.Purpose of Painting Restoration; to repair and restore the condition of an ancient painting that is outdated so that it can return to its original state.Purpose of Antique Restoration; to repair or restore the shape and condition of an antique so that it returns to its original state, or at least approaches its original condition.You can learn more about Restoration here brainly.com/question/12881158
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corpco. which uses units of production depreciation, installs a water purifier for $15,000 that it expects to purify 64,000 gallons of water, at which point it will have a residual value of $3,000. when corpco computes the depreciation rate under the uop method, total depreciation to be recorded over the purifiers useful life is:
$ 552 Rounded
UOP Method
Depreciation rate =( Cost - Salvage Value ) / Units
= ( 15,000-3000) / 64,000 = 0.1875 Per unit
Depreciation for the year = 2,943*0.1875 = 551.8125 = 552 ( Rounded )
What is the Depreciation Rate?The depreciation rate is the proportion at which an asset depreciates during its anticipated useful life. It may also be described as the portion of an organization's long-term investment in an asset that the organization claims as a tax-deductible expense over the course of the asset's useful life. For each class of assets, it differs.
The straight-line approach of depreciation is the most used. The formula is used to determine this rate:
Depreciation Rate per year: 1/useful life of the asset
Depreciation Value per year = (Cost of Asset – Salvage value of Asset)/ Depreciation Rate per Year
Asset price: It is the asset's initial book value. It includes any taxes or shipping costs that were paid for the asset.
The asset's useful life is: The amount of time an asset can be used effectively is referred to as its useful life. The asset is assessed to be cost-ineffective after its useful life or unfit for use. The useful life of a few assets, including computers, real estate, and other items, is determined by the relevant revenue authority. Computers, for instance, lose value over five years whereas cars lose value over eight.
Salvage Value: The price at which a corporation may sell an asset after it has reached the end of its useful life. It also goes by the name "junk value"
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identify central ideas according to the circular flow model of a market economy, firms buy factors of production from households, then
Out of the choices provided, it can be said that according to the circular flow model of a market economy, firms buy factors of production from households, then use these factors to produce goods and services. Therefore, the option A holds true.
What is the significance of the factors of production?The factors of production can be referred to or considered as the factors that are helpful in the enabling the conduct of regular course of business activities. These factors are helpful in production and manufacturing of the goods or services sold by the producer.
Therefore, the option A holds true and states regarding the significance of the use of factors of production.
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The choices to the incomplete question have been added below for better reference.
According to the circular flow model of a market economy, firms buy factors of production from households, then
A. use these factors to produce goods and services.
B. sell factors of production to households.
C. sell free markets to households.
D. use these factors to eliminate competition.
which investment has increased in value more, and by how much? a. the value of drew’s bonds has increased by $4.83 more than the value of his stocks. b. the value of drew’s bonds has increased by $9.87 more than the value of his stocks. c. the value of drew’s stocks has increased by $11.64 more than the value of his bonds. d. the value of drew’s stocks has increased by $34.92 more than the value of his bonds.
The investment has increased in value more is D. the value of drew’s stocks has increased by $34.92 more than the value of his bonds.
What is investment?An investment can simply be defined as the action of investing a certain amount of money or asset in order to get a return.
From the information given, the the value of drew’s bonds has increased by $4.83 more than the value of his stocks. This was the first investment.
The value of drew’s bonds has increased by $9.87 more than the value of his stocks. This was the second investment.
The value of drew’s stocks has increased by $11.64 more than the value of his bonds. This was the third investment.
The value of drew’s stocks has increased by $34.92 more than the value of his bonds. This was the fourth investment.
Therefore, the investment has increased in value more is the value of drew’s stocks has increased by $34.92 more than the value of his bonds. In conclusion, the correct option is D.
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juan owns an oil field supply company in texas that sells pipe to transport oil to refineries. his business generates more cash than it needs to maintain its market share. according to the portfolio matrix, the type of business unit is called a .
Based on the fact that Juan's business generates more cash than is needed to maintain market share, according to the portfolio matrix, this is a Cash cow.
What is a cash cow?A cash cow is one of the types of business units in the portfolio matrix and it is a business that is successful enough to be making a positive cash return on investment.
The cash the business makes it often more than it needs to maintain its position in the market which makes it quite valuable. This is what Juan's business is.
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is a key activity performed by operations managers that involves deciding the best way to assign people to work tasks and responsibilities.
C. Job design is a key activity performed by operations managers that involves deciding the best way to assign people to work tasks and responsibilities.
What is job design?Job design is a complex process of determining the task and responsibility requirements of each job based on the skills and competencies of employees.
The purpose of job design is to encourage and achieve organizational efficiency and effectiveness in the performance of job tasks and responsibilities.
The strategies that operation managers (job designers) employ include:
Job enrichmentJob enlargementJob rotationJob simplification.Thus, through job designs, operation managers decide the best way to assign people to work tasks and responsibilities.
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Question Completion with Answer Options:A. Forecasting
B. Process design
C. Job design
D. Reengineering
true or false: purchasing power parity is useful when a company is determining whether a particular country might be an attractive market for consumer goods.
As stated, "purchasing power parity is useful when a company is assessing whether a specific nation might be a attractive market for consumer goods." True.
A attractive market is one that:Market attractiveness refers to the different possibilities for profitability that any business or organization can achieve in a cutthroat industry. Prior to making any investments, one must thoroughly understand the market and the opportunities it presents. The attractiveness of the market is influenced by numerous factors.
What kind of market is attractive market?The capabilities and product offerings of a company and the needs of the market are well matched by an appealing market segment. Offering customers in the segment greater value is how businesses with a good fit succeed. Only a select few industries may be the best fit for small businesses.
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1. Despite the expense, why might a business choose to mail a catalog?
Answer:
Catalogs can promote a business's brand by displaying them in high-traffic areas and distributing them in stores. Customers often have an idea of what they want to buy after looking through a catalog. But, they'll likely find other items they want to buy when they go online or to a brick-and-mortar store to order.
on a traditional income statement, cost of goods sold reports the costs attached to merchandise sold during the period, while selling and administrative expenses report all costs that have been expensed as incurred. (enter only one word per blank.) statement, cost of goods sold reports the costs attached to merchandise sold during the period, while selling and administrative expenses report all period costs that have been expensed as incurred
On a traditional income statement, cost of goods sold reports the product costs attached to merchandise sold during the period, while selling and administrative expenses report all period costs that have been expensed as incurred.
What is an income statement?An income statement can be defined as a financial document which is typically used by an entrepreneur or business firm to record the amount of money (revenues) that are entering into a business.
What are product costs?Product costs is also referred to as inventoriable costs and they can be defined as the financial value (money) that are attached to units of product as they are being produced or sold (purchased) for resale.
On a traditional income statement, the product costs attached to merchandise sold during the period are reported by cost of goods sold while period costs that have been expensed as incurred are reported by selling and administrative expenses.
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which is the best option for someone who wants to improve his or her credit and pay less interest on the debt?
Buy from a reputable website is the best option for someone who wants to improve his or her credit and pay less interest on the debt.
Great content, regular updates, intuitive design, user-friendliness, and, ideally, a high visitor-to-customer conversion rate are all characteristics of an excellent reputable website. However, since they lack the necessary skills, many firms find it difficult to create and maintain an effective website.
The products come from well-known, blue-chip pharmaceutical companies. Hotel Receptionist A highly reputable company on the outskirts of Exeter needs a Hotel Receptionist. They have a very renowned service and a very well-established business.
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the various elements of the outsourcing process such as rfp, evaluation, contract award, and exit strategies.
Outsourcing is the procedure of assigning an enterprise's business processes to an outside company in lieu of improving carrier first-class, driving innovation, or deriving blessings of lower labor fees.
Outsourcing saves time and money and allows one to avoid risk. The promised blessings of outsourced protection can be very attractive to businesses. The capacity to increase community safety without hiring more human beings and spending extra cash is one of the motives outsourcing is turning into extra popular.
The primary argument for outsourcing is economic as a company can get the security information it needs at a smaller cost by using hiring a person else to provide it. One of the essential difficulties in deciding to outsource is who to get to do the be just right for you, the capacity risks of outsourcing may be vast. Tales of controlled safety agencies going out of commercial enterprise, and bad studies with outsourcing other areas of IT, display that deciding on the incorrect outsourcer can be a pricey mistake.
Whilst deciding to outsource the risk tiers of capability vendors should be identified "Key statistics safety considerations that need to be tracked as part of this level encompass: data safety guidelines, Audit outcomes and methods, requirements and Certifications, Technical Controls, safety architecture, neighborhood Regulatory Compliance necessities, and law Enforcement Practices" (A CISO’s manual to safety Outsourcing (2009))
RFPs: The RFP report is one of the maximum crucial files inside the seller choice process. The RFP defines the work to be finished and the additional conditions to be met so one can win a contract.
Evaluation: An outsourcing evaluation ought to observe a disciplined, managerial technique from making plans via negotiation and implementation, to ongoing control of the connection
Contract award: The criminal basis of any outsourcing settlement is of the path of the contract. This determines the legal parameters of the carrier and the responsibilities of each birthday celebration
Exit strategies: Its miles critical to plan your exit approach before you purchase. It’s critical to plot the way you’ll get out of an outsourcing settlement should the want rise up. An exit strategy would be essential if outsourcing the implementation of a records security blueprint due to the fact you may no longer just like the blueprint and through having an exit strategy you are not stuck with it.
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one of the most common errors new foodservice operators experience is pricing their food too low, thinking that they can undercut competitors. explain why this is a poor strategy for success
The poor strategy for success are:
If a product is priced too low.the low quality of the productBuilding a customer base of devoted followers is challenging in light of this.Briefing:If a product is priced too low, the manufacturer might not be able to continue producing it because, in reality, they need to make enough money to cover both their living expenses and the cost of the raw materials they used.
In this manner, attempting to undercut rivals may result in financial loss and business closure for a food service operator.
Additionally, there is a good chance that customers will interpret the low prices as indicating the low quality of the product
Building a customer base of devoted followers is challenging in light of this.
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Which type of economy is usually centered mainly on meeting people’s basic needs?.
The market economy of the economy is usually centered mainly on meeting people’s basic needs.
There are three main types of economies: free market, command economy, and mixed economy. The chart below compares a free market economy and a planned economy. A mixed economy is a combination of both. Individuals and businesses make their own financial decisions.
Capitalism is often seen as an economy system in which private actors own and manage the property according to their own interests, with demand and supply freely setting prices in the market to serve the best interests of society. . An essential feature of capitalism is the motive for making profits.
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choose a u.s.-based fortune 500 company to analyze; submit the name to be approved by the instructor. each student will analyze a unique company (no two students may choose the same company). be sure to verify that your chosen firm has issued bonds that are outstanding because the project involves using bond data (can use morningstar.com to verify that bond data on firm is available).
The firm has issued Bonds that are outstanding because the project involves using bond data.
Fortune 500 Companies: A ranking of the 500 largest US firms, ordered by total revenues for each fiscal year, is known as the Fortune 500.
The US Based fortune 500 company that can be selected for analysis and which has issued Outstanding Bonds is Microsoft Corporation.
Outstanding Bonds: These are those bonds that have been already issued but have not yet matured or redeemed.
The face value of the bond is multiplied by the coupon interest rate, and that result is then multiplied by the number of years corresponding to the bond's term to determine the total interest paid.
A loan secures money from a lender, such as a bank or particular organization. Bonds, on the other hand, are purchased by the public when businesses sell them. In either scenario, the business is normally required to pay back the borrowed funds at a certain interest rate. Bonds often have lower interest rates than loans, to begin with.
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antonne differ in their appraisal of this event. later, mark and antonne are talking about what to do. can they somehow stay in the apartment? during this conversation, they are engaging in appraisal.
Mark and Antonne differ in their Primary appraisal of this event. Later, Mark and Antonne are talking about what to do. Can they somehow stay in the apartment? During this conversation, they are engaging in Secondary appraisal.
It is important in Primary Appraisal whether the stressor is dangerous. The individual's assessment of the tools or coping mechanisms at his or her disposal for dealing with any perceived risks constitutes secondary appraisal.What distinguishes a primary appraisal from a subsequent appraisal?The evaluation of a situation's (possible) harmfulness is the focus of primary appraisal. Whether the person has the resources to successfully meet the demands of the scenario is the focus of secondary appraisal.To learn more about primary and secondary appraisal, Click the links.
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Correct Question - Antonne and Mark discover that the rent on their shared student apartment is increasing by a substantial amount. Antonne is overwhelmed by the news and starts thinking about how they could lose their apartment and end up homeless. Mark immediately starts to figure out a way to overcome this problem. Mark and Antonne differ in their __________ appraisal of this event. Later, Mark and Antonne are talking about what to do. Can they somehow stay in the apartment? During this conversation, they are engaging in __________ appraisal.
3 select the correct answer. daphne handles the payroll and performance appraisals of employees. which business department does daphne belong to? a. operations b. finance c. human resources d. strategy
Daphne handles the payroll and performance appraisals of employees, she belongs to Human Resource Department.
A overall performance appraisal, also known as a overall performance overview, overall performance assessment, improvement dialogue, or worker appraisal, every now and then shortened to "PA", is a periodic and systematic process whereby the process performance of an worker is documented and evaluated.
What is the overall performance appraisal?
A performance appraisal is a ordinary evaluate of an worker's job overall performance and contribution to a organization. Groups use overall performance appraisals to determine which personnel have contributed the maximum to the corporation's growth, evaluate progress, and praise high-accomplishing people.
What's performance appraisal instance?
A overall performance appraisal is the periodic evaluation of an employee's task overall performance as measured with the aid of the competency expectancies set out by way of the business enterprise. The overall performance evaluation frequently includes each the core competencies required through the organization and also the skills precise to the employee's task.
What is modern performance appraisal?
Current techniques of overall performance appraisal encompass 360 degree feedback, management by means of goals (MBO), mental appraisals, and the behaviorally anchored score scale (BARS), to call some.
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a factory costs $260,000. you forecast that it will produce cash inflows of $70,000 in year 1, $130,000 in year 2, and $200,000 in year 3. the discount rate is 10%. what is the value of the factory?
The value of the factory is $61,337.34 if factory a factory costs $260,000.
What is the difference between outflow and inflow?The distinction between cash inflow and outflow is quite simple. Cash influx refers to the funds you are bringing into your company, whereas cash outflow refers to the funds your company is dispersing.
Given,
Factory Costs (outflow) = $260,000
Discounted Rate = 10%
Cash Inflow = Year 1 $70,000 Year 2 $130,000 Year 3 $200,000
Required to find Net Present Value =?
Net Present Value = Discounted cash inflow - Cash outflow
The calculation is shown in the file attached below:
Thus, the Net present value is $61,337.34. A firm, project, or investment's future stream of payments is valued today using a method known as net present value (NPV). The time and amount of future cash flows must be predicted, and you must choose a discount rate equal to the minimum allowable rate of return in order to compute a net present value (NPV).
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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.
Process Innovation type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow.
What is an example of process innovation?A process innovation is the introduction of a new or significantly improved method of production or delivery. Significant changes in techniques, equipment, and/or software are included.A company, for example, can modify the software used in its supply chain and delivery system. You can use PI to create new products or improve existing ones. Processes in areas such as information systems, manufacturing, and customer service can all be innovated by organizations.Process innovations can be designed to reduce unit costs of production or delivery, improve quality, or create or deliver new or significantly improved products. Process innovations include new or significantly improved methods for service creation and delivery.Product innovation refers to the development and release of a new product or service to the market, as well as an improved version of an existing product. Process innovation, on the other hand, is the implementation of a new or improved production or delivery method.To learn more about Process Innovation refer to
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(2) fred is thinking of starting a bowling alley near a college campus. fred is an expected utility maximizer with utility function: u(w)
The smallest value of X that would be sufficient to make Fred want to invest in the bowling alley rather than have a wealth of $12,000 with certainty is $14,250.
What is wealth?Wealth refers to the monetary value or the assets that a person has during his lifespan. It is in the physical form and can be used for doing the transactions.
The calculation of the following equation to determine how much money will tempt Fred to take a risk and invest in this new venture is done as follows:-
= current wealth - (% chance of losing money x wealth after losing money)
=$12,000 - (20% x $3,000)
= $12,000 - $600
= $11,400
smallest value of X = $11,400 / 80% of getting wealthier
= $14,250
Therefore, it can be concluded that $14,250 is the value of x.
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Your question is incomplete, but most probably the full question was….
U(W) = 1 – (3000/W), where W is his wealth. Fred’s total wealth is $12,000. With probability 0.2 the alley will be a failure, and he’ll lose $9,000, so that his wealth will be just $3,000. With probability 0.8 it will succeed, and his wealth will grow to $X. What is the smallest value of X that would be sufficient to make Fred want to invest in the bowling alley rather than have a wealth of $12,000 with certainty?
polska, incorporated, is obligated to pay its creditors $9,350 during the year. what is the value of the shareholders’ equity if assets equal $11,200? what is the value of the shareholders’ equity if assets equal $8,800?
Stockholder's equity when assets is $11,200 is $1,850
Stockholder's equity when assets is $8,800 is $-550
What is shareholders' equity?Shareholders' equity is the difference between the assets and liabilities of a firm.
According to the accounting equation: Stockholder's equity = assets - liabilities.
Stockholder's equity when assets is $11,200:
11,200 - 9,350 = $1,850
Stockholder's equity when assets is $8,800:
$8,800 - $9,350 = $-550
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Often presented visually on an executive dashboard, what type of report focuses attention on business processes whose performance falls outside of the tolerance ranges defined a kpi metric?.
The response to the stated assertion is an exception.
Is metric the same as KPI?While KPIs are strategic, metrics are typically operational or tactical. While KPIs can be evaluated by various departments that are working toward the same goal, metrics are simpler indicators that are specific to a department. Metrics give you a perspective on your business activity, whereas KPIs help you make strategic decisions.
A KPI metric is what?Key performance indicators, or KPIs, are the measures you use to evaluate business-critical tasks, goals, or objectives. The word "key" in the sentence indicates that they have a special or significant meaning. KPIs act as quantifiable standards in comparison to set goals.
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the ""management discussion and analysis"" section of an annual report includes all of the following except: a forecast of future earnings per share. the impact of restructuring charges. a discussion of sales trends.
the ""management discussion and analysis"" section of an annual report includes all of the following except: a forecast of future earnings per share.
"Management discussion and analysis"
Management discussion and analysis (MD&A) is a component of an annual report or quarterly filing in which executives evaluate the company's performance. A discussion of compliance, risks, and future plans, such as goals and new initiatives, might also be included in this part.
The MD&A section is not audited and expresses management's ideas and opinions.
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Danny is experimenting with cashless dining at four locations. If he utilizes the results of this experiment in deciding whether to proceed with this new policy at all his locations, he would be utilizing.
Should Danny use the results of his experiments with cashless dining in four locations for all his locations, he would be utilizing A. Evidence-based management.
What is evidence-based management?Evidence-based management refers to using tried and tested methods when making managerial decisions.
If Danny was able to use the results of the experiment on cashless dining to other locations, this is a management decision that he would take based on the evidence of success he got from other locations.
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Mr. henderson’s annual premium of $4,668 is covered entirely by his employer along with 25% of the $9,264 premium for his wife and kids. how much of the henderson family’s annual premium is being paid for by mr. henderson’s employer? a. $2,316 b. $3,483 c. $6,984 d. $10,431 please select the best answer from the choices provided a b c d
Henderson family’s annual premium is being paid for by Mr. Henderson’s employer is $6,984.
What is meant by annual premium?A monthly or annual payment made to an insurance company to keep your policy active is referred to as an insurance premium. Every type of insurance, including health, disability, auto, renters, homeowners, and life, requires a premium. The amount of money charged by your insurance company for the plan you've chosen is referred to as a premium. It is usually paid monthly, but it can be billed in a variety of ways. You must pay your premium to keep your coverage active, whether or not you use it.
The fully covered premium amounts to $4,668.
Next, we calculate the partially covered premium utilizing: 25% * 9,264 = 2,316
Now, the total annual premium paid by Mr. Henderson's employer exists as equivalent to the sum of the completely covered premium and partially covered premium.
This exists:
4,668 + 2,316 = $6,984
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In terms of big data, what includes the uncertainty of data, including biases, noise, and abnormalities?.
In terms of huge facts, what includes the uncertainty of data, inclusive of biases, noise, and abnormalities Veracity includes the uncertainty of facts, which include biases, noise, and abnormalities.
Data is defined as facts or figures, or information this is saved in or used by a pc. An instance of statistics is data accumulated for a studies paper. An instance of statistics is electronic mail. Data allows groups to more successfully determine the cause of troubles. the information lets companies visualize relationships among what is taking place in extraordinary places, departments, and systems.
Data is information that has been translated into a shape that is efficient for movement or processing. Relative to cutting-edge computer systems and transmission media, data is data transformed into binary digital shapes. it's miles suited for information to be used as a novel concern or a plural concern.
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if the supply of green tea rises, the equilibrium quantity will , and the equilibrium price will . this is because
If the supply of green tea rises, the equilibrium quantity will rise, and the equilibrium price will fall.
This is because the equilibrium quantity moves down the demand curve to a lower price and a higher quantity demanded.
Equilibrium is the state in which market supply and demand balance each other, resulting in stable prices. In general, an oversupply of goods or services causes prices to fall, resulting in increased demand, whereas an undersupply or shortage causes prices to rise, resulting in decreased demand.
The equilibrium price is the point at which the supply of goods equals the demand for them. When a major index experiences a period of consolidation or sideways momentum, the forces of supply and demand are said to be relatively equal and the market is said to be in a state of equilibrium.
Thus, Equilibrium is an important aspect of the Demand and Supply concept.
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raheem bought stock in a tech company that has just announced a dividend. he did not receive the dividend even though the record date had not yet passed when he purchased it. this is because he purchased the stock on or after the date.
Given the circumstances, the fact that he purchased the stock on or after the ex-dividend date is what prevented him from receiving the dividend.
What is a dividend?A corporation's board of directors decides whether to pay a dividend to its shareholders. Quarterly dividend payments are common and can be provided in the form of cash or stock reinvestments. The dividend yield, or dividend per share, is expressed as a percentage of a company's stock price, for instance, 2.5%. A dividend payment is due to a common shareholder of a firm that pays dividends if they owned the shares on the ex-dividend date or earlier.
The dividend is only given to investors who purchased the stock prior to the ex-dividend date, thus Raheem would not be eligible for it if he purchased the stock on or after that date.
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a guest approaches the host in a restaurant and offers a complaint about the service they received. if the host is empowered to make a decision about the customer complaint what response might they offer?
A bad hotel guest experience has the ability to negatively impact a resort in a number of ways. A hotel visitor with a complaint can create a lasting impression, whether it's through raising an alarm while on the resort or by hurting your ranking with a negative internet review.
Successful hoteliers and industry experts place a high importance on efficiently managing guest complaints because they are aware of the negative effects that an unresolved guest issue can have on a hotel's performance. While a good deal of customer complaints are the result of poor hotel service or a problem with the location, other complaints come from situations that are completely beyond the hotel's control. A guest could gripe if they have problems with a third-party website, don't obtain a package they expected, or are stuck somewhere because of bad weather. Even though you would have no influence over those problems, the unpleasant incidents can cause a visitor to have an unpleasant stay and file a complaint as a result.
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department of education subscription page and signing up to receive federal student loan borrower updates.
Federal direct student loans are the most suitable option for students who need to borrow money to spend for college. Unlike private student loans, federal direct student loans don't need a credit history or a co-signer. They also show borrowers more repayment options and protections to control default.
What is the risk of the federal student loan?Unfortunately, student loan capital won't be yours forever, and the lending institution will usually be expecting repayment. The student loan will be an expense to spend as well as any regular bills until the loan is paid for. If you skip a payment, your credit score may get more destructive.
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purchasing and supply chain management (the mcgraw-hill/irwin series in operations and decision) 3rd edition
The Third Edition of Purchasing and Supply Chain Management places particular attention on the interface between marketing, logistics, supply chain management, and operations management.
It also discusses how purchasing relates to the other functional and system areas of the company. Students and professionals can practice analysis-driven purchasing using W.C. Benton's methodical technique.
By looking at some of the more popular Supply Chain Management definitions, frameworks, and terminology, this study aims to present an extended approach to supply chain management.
It should be noted that the methodology of our study was based on content analysis of the most significant and well-known definitions of supply chain management and related terms, using a variety of secondary sources, including scientific papers and publications from practitioners and professional organizations.
In order to set conceptual delimitations that would clarify the scope of the supply chain management concept, we pursued the study and analysis of the definitions of the aforementioned concept, from the perspective of both theorists and practitioners, as well as to find criteria or features based on how the notion has been defined over time by both academics and business representatives, in order to provide new definitions.
Additionally, we considered how the term "Supply Chain Management" from the English language was adopted and adapted to the Romanian language using Romanian literature as a guide. This helped us to determine the right technique for transposing and describing the concept in Romanian literature.
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on january 1, year 2, a company finances the purchase of equipment by issuing a $15,000 noninterest-bearing note payable. the note will be paid in 10 equal annual installments of $1,500 beginning on december 31, year 2. the market rate of interest for notes of this type is 5%. the following present value factors are provided. for what amount should the company record the equipment on january 1, year 2? the present value of $1 at 5% for 10 periods 0.61391 the present value of an ordinary annuity of $1 at 5% for 10 periods 7.72173 the present value of an annuity due of $1 at 5% for 10 periods 8.10782 a. $9,209 b. $11,583 c. $12,162 d. $15,000
So the correct option is B
= Amount of annual installment × PV of ordinary annuity of $1 at 5% for 10 periods
= (15000/10) × 7.72173
= 1500 × 7.72173
= 11582.595
= 11583
Therefore, the amount will be $11583
What is Installment?
The act of adding something new or an installment is one portion of something that has numerous parts, such a payment or a story, are the definitions of an installment. Installing a new kitchen is an example of an installment. A monthly payment schedule is an illustration of an installment.
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