To find the planned order releases for all items, we need to break down the information provided and solve the problem step by step.
First, calculate the net requirements for each item by subtracting the on-hand inventory from the gross requirements. The net requirements for A are 0 units in Period 1, 0 units in period 2, 60 units in period 6, and 50 units in period 8. For B, the net requirements are 20 units in Period 1 and 0 units in other periods. For C, the net requirements are 60 units in Period 1, 40 units in period 2, and 0 units in other periods. Lastly, for D, the net requirements are 0 units in Period 1 and 25 units in period 2.
Next, we need to calculate the lot sizes for each item. For A, B, and D, since they use lot-for-lot (L4L) as their lot-sizing technique, the lot size is equal to the net requirements. For C, E, and F, since they require multiples of 50, 100, and 100, respectively, to be purchased, the lot size is equal to the lowest multiple of those numbers that is greater than or equal to the net requirements. For example, the lot size for C is 100 units.
Finally, calculate the planned order releases for each item by adding the lot size to the scheduled receipts and the lead time. For A, B, and D, since they have a lead time of one period and no scheduled receipts, the planned order releases are equal to the lot size. For C, E, and F, since they have a lead time of two periods, the planned order releases are equal to the lot size plus two periods. For example, the planned order release for C is 100 units in Period 3.
To summarize, the planned order releases for each item are as follows:
A: 0 units in Period 1 and 0 units in Period 2B: 20 units in Period 1 and 0 units in other periodsC: 100 units in Period 3, 40 units in Period 4, and 0 units in other periodsD: 0 units in Period 1 and 25 units in Period 2E: 100 units in Period 3F: 100 units in Period 3 and 200 units in Period 5Know more about planned order releases here:
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The income statement of the Bryant Corporation is as follows:
Bryant Corportaion
Income Statement
For the year ended December 31, 2011
Sales $350,000
Cost of Goods sold $125,000
Gross Margin $225,000
Operating Exp (other than depreciation) $60,000
Depreciation $20,000 $80,000
Net Income $145,000
Changes in current assets (other than cash) and current liabilities during the year were:
Accounts receivable increase of $10,000
inventory decrease of $20,000
prepaid insurance increase $8000
accounts payable decrease $15,000
accured liabilities increase $4000
Depreciation is the only item impacting net income.
Required:
1.Prepare cash flow from operating activities under the direct method
2. prepare cash flow from operating activities under the indirect method.
Both the direct and indirect methods result in the same cash flow from operating activities of $156,000.
1. Cash flow from operating activities under the direct method:
Cash received from customers = Sales - Increase in accounts receivable = $350,000 - $10,000 = $340,000
Cash paid for inventory = Cost of goods sold - Decrease in inventory + Decrease in accounts payable = $125,000 - $20,000 + $15,000 = $120,000
Cash paid for operating expenses = Operating expenses (other than depreciation) + Increase in prepaid insurance - Increase in accrued liabilities = $60,000 + $8,000 - $4,000 = $64,000
Cash flow from operating activities = Cash received from customers - Cash paid for inventory - Cash paid for operating expenses = $340,000 - $120,000 - $64,000 = $156,000
2. Cash flow from operating activities under the indirect method:
Net income = $145,000
Adjustments for non-cash items:
Depreciation = $20,000
Changes in current assets and current liabilities:
Increase in accounts receivable = -$10,000
Decrease in inventory = $20,000
Increase in prepaid insurance = -$8,000
Decrease in accounts payable = -$15,000
Increase in accrued liabilities = $4,000
Cash flow from operating activities = Net income + Adjustments for non-cash items + Changes in current assets and current liabilities = $145,000 + $20,000 - $10,000 + $20,000 - $8,000 - $15,000 + $4,000 = $156,000
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All of the following expenditures are classified as research and development except:
Engineering costs incurred to advance a new product to full production stage.
Salaries of research staff designing a new product.
Costs of marketing research to promote a new product.
Acquisition of R&D equipment for use on current project only
The expenditure that is not classified as research and development is the "Costs of marketing research to promote a new product."
Research and development (R&D) costs are expenses associated with the research and development of a company's goods or services. R&D costs are typically associated with the creation and design of new products and processes, as well as the improvement of existing ones.
Engineering costs incurred to advance a new product to full production stage, salaries of research staff designing a new product, and acquisition of R&D equipment for use on current project only are all classified as R&D expenditures. However, costs of marketing research to promote a new product are not classified as R&D expenditures because they are associated with promoting and selling a product, rather than creating or improving it.
Therefore, the correct answer is: Costs of marketing research to promote a new product.
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You have $46,000 and observe the following exchange rates:
Exchange rate Bid Ask
Value of euro in U.S. dollars $1.13 $1.14
Value of Swiss franc in U.S. dollars $1 $1.01
Value of euro in Swiss francs CHF1.08 CHF1.09
What is the no-arbitrage value of the euro in Swiss francs (the cross exchange rate)? Use the ask quotes.
Is there an arbitrage opportunity? If so, what should you do to exploit it?
No
Yes: buy Swiss francs with euros
Yes: buy euros with Swiss francs
How many Swiss francs do you get from converting your dollars?
How many euros do you get from converting your Swiss francs?
How many dollars do you get from converting your euros?
What is your profit from exploiting the opportunity once (in $)?
The no-arbitrage value of the euro in Swiss francs is the ask quote of the euro in U.S. dollars divided by the ask quote of the Swiss franc in U.S. dollars, or $1.14/$1.01 = 1.1287.
This means that 1 euro is worth 1.1287 Swiss francs in a no-arbitrage situation.
There is an arbitrage opportunity in this case because the value of the euro in Swiss francs in the market (CHF1.09) is lower than the no-arbitrage value (CHF1.1287). To exploit this opportunity, you should buy Swiss francs with euros.
First, convert your $46,000 to Swiss francs using the ask quote of the Swiss franc in U.S. dollars: $46,000/$1.01 = 45,544.55 Swiss francs.
Next, convert your Swiss francs to euros using the ask quote of the euro in Swiss francs: 45,544.55/CHF1.09 = 41,778.48 euros.
Finally, convert your euros back to dollars using the ask quote of the euro in U.S. dollars: 41,778.48*$1.14 = $47,628.43.
Your profit from exploiting the opportunity once is $47,628.43 - $46,000 = $1,628.43.
In conclusion, the no-arbitrage value of the euro in Swiss francs is 1.1287, there is an arbitrage opportunity to put investment in Swiss francs with euros, and the profit from exploiting the opportunity once is $1,628.43.
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Type the correct answer in the box. Spell all words correctly.
Which type of statement is used to communicate one's feelings in a nonconfrontational manner
An
is a statement used to communicate one's feelings in a nonconfrontational
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An "I" statement is a type of statement used to communicate one's feelings in a nonconfrontational manner. It is a way of expressing how you feel without blaming or attacking the other person.
Which type of statement is used to communicate one's feelings in a nonconfrontational manner ?"I" statements typically start with "I feel" or "I am feeling" followed by a description of the emotion you are experiencing. For example, instead of saying "You never listen to me," you could say "I feel frustrated when I don't feel heard." This approach emphasizes your personal experience and helps the other person understand how their behavior affects you.
Using "I" statements can promote healthy communication and conflict resolution by reducing defensiveness and encouraging empathy. By expressing your feelings in a nonconfrontational way, you can foster understanding and reach mutually beneficial solutions to problems.
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Identify how the changes in the internal environment affect the OM strategy for a company.
For example, what impact are the following factors likely affect OM strategy? How does the Pandemic affects it?
a) SDG 8 Decent Work and Economic Growth
b) SDG 12 Responsible Consumption and Production
Maximum of 2 paragraphs at 8 sentences each.
The changes in the internal environment effect on OM strategies by causing companies to adjust their production schedules and workflows to accommodate safety measures and increased demand.
For example, if a company values sustainability, then it would need to focus on SDG 8 Decent Work and Economic Growth and SDG 12 Responsible Consumption and Production when developing its OM strategy.
Companies may need to focus on different aspects of operations management such as the automation of processes, employee morale, and the use of technology to help in their operations.
Additionally, companies must also be aware of external factors such as government regulations, customer needs, and global economic conditions. All of these internal and external factors need to be taken into consideration when developing an OM strategy.
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WHAT LEVEL OF DATA ARE WEIGHTS OF THE SOUTHWESTERN COLLEGE FOOTBALL TEAM?
IF I CHOOSE 5 BUILDINGS AT SOUTHWESTERN COLLEGE AND RANDOMLY CHOOSE 20 STUDENTS FROM EACH BUILDING WHAT TYPE OF SAMPLING METHOD IS THIS?
IF I ARRANGE THE STUDENTS AT SOUTHWESTERN BY THEIR SOCIAL SECURITY NUMBER AND RANDOMLY CHOOSE ONE AND THEN PICK EVERY 20TH STUDENT FROM THAT POINT WHAT TYPE OF SAMPLING METHOD IS THAT?
IF THE AVERAGE IQ OF A SAMPLE OF 200 PEOPLE IN FRANCE IS 98. IS 98 A PARAMETER OR A STATISTIC?
10,17,23,28,33,35,36,37,39,40,40,43,44,44,45,47,48,49,50,50,51,52,58,61,62,62,63,66,68,70
5. FOR THE ABOVE MAKE A GROUPED FREQUENCY DISTRIBUTION WITH SIX INTERVALS, STARTING AT 10 FOR THE FIRST LOWER CLASS LIMIT AND A CLASS WIDTH OF 15. SHOW UPPER AND LOWER CLASS LIMITS, FREQUENCY OF EACH CLASS, CUMULATIVE FREQUENCY, RELATIVE FREQUENCY, CUMULATIVE RELATIVE FREQUENCY AND MIDPOINTS.
6, WHAT TYPE OF GRAPH SHOULD BE USED TO DISPLAY CONTINUOUS DATA. AN EXAMPLE WOULD BE THE WEIGHTS OF PLAYERS ON A FOOTBALL TEAM?
7. WHAT TYPE OF GRAPH WOULD YOU USE TO DISPLAY THE NUMBER OF FORDS, CHEVYS, TOYOTAS, HONDAS AND BMWS IN COLLEGE PARKING LOT?
10, 13, 17, 19, 22, 23, 29, 33, 34, 35, 35, 38, 53, 68.
8. FIND THE MEAN, MEDIAN AND MODE.
9. FIND THE RANGE AND STANDARD DEVIATION.
10. FIND THE Z-SCORES FOR 17, 33, AND 53 FOR THE FIRST DATA SET.
1. The level of data for the weights of the Southwestern College football team would be ratio data, as it has a true zero point and can be compared using ratios.
2. The sampling method used when choosing 5 buildings at Southwestern College and randomly choosing 20 students from each building is cluster sampling, as the population is divided into groups (clusters) and a sample of the clusters is chosen.
3. The sampling method used when arranging the students at Southwestern by their social security number and randomly choosing one and then picking every 20th student from that point is systematic sampling, as the sample is chosen using a fixed interval.
4. The average IQ of a sample of 200 people in France, 98, is a statistic, as it is a measure of a sample of the population, not the entire population.
5. Grouped frequency distribution:
| Lower Class Limit | Upper Class Limit | Frequency | Cumulative Frequency | Relative Frequency | Cumulative Relative Frequency | Midpoint |
|-------------------|-------------------|-----------|----------------------|-------------------|-----------------------------|----------|
| 10 | 24 | 3 | 3 | 0.1 | 0.1 | 17 |
| 25 | 39 | 6 | 9 | 0.2 | 0.3 | 32 |
| 40 | 54 | 7 | 16 | 0.233 | 0.533 | 47 |
| 55 | 69 | 4 | 20 | 0.133 | 0.666 | 62 |
| 70 | 84 | 1 | 21 | 0.033 | 0.699 | 77 |
| 85 | 99 | 0 | 21 | 0 | 0.699 | 92 |
6. A histogram would be an appropriate graph to display continuous data, such as the weights of players on a football team.
7. A bar graph would be an appropriate graph to display the number of Fords, Chevys, Toyotas, Hondas, and BMWs in a college parking lot.
8. Mean: 29.857
Median: 27
Mode: 35
9. Range: 58
Standard deviation: 15.379
10. Z-scores:
17: -0.836
33: 0.205
53: 1.505
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Learning organization is always preferable to efficient
performance. Do you agree with this statement. Why or why not?
200 words
Yes, learning organizations are generally preferable to efficient performance.
Learning organizations create an environment where employees are constantly learning and improving their skills.
This helps them to better understand the organization’s mission, vision, and values, leading to higher levels of job satisfaction and performance.
It also enables the organization to stay competitive in the market by adapting quickly to new technologies and changes in customer needs.
Learning organizations also allow for better collaboration between employees and departments. They promote an open atmosphere of knowledge sharing, allowing different teams to work together more effectively and come up with creative solutions to problems.
This helps the organization to remain agile and able to respond quickly to customer demands.
Moreover, learning organizations are able to more accurately identify the causes of failures, as well as devise and implement solutions that improve the efficiency and effectiveness of the organization.
This leads to better overall performance in the long run, as opposed to just striving for short-term gains.
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The electronic monitoring of employee communication in organizations fits clearly with classical aspects of workplace communication?! Analyze the issues of Content, direction, channel, and style of communication.
(10: Marks)
Students are required to form their essay questions as follows: (How to write your essay question)
1-Opening paragraph (introduction)
2-Main body with examples
3-Closing paragraph (conclusion and your own opinion)
The electronic monitoring of employee communication in organizations does indeed fit clearly with classical aspects of workplace communication. However, there are several issues that arise when considering the content, direction, channel, and style of communication in this context.
Opening paragraph (introduction):
Electronic monitoring of employee communication is becoming increasingly common in organizations. This practice involves using technology to track and monitor employee communication, including emails, phone calls, and instant messages.
While electronic monitoring can be used to ensure that employees are following company policies and procedures, there are also several issues that arise when considering the content, direction, channel, and style of communication.
Main body with examples:
One of the main issues with electronic monitoring is the potential for invasion of privacy. While employers may have a legitimate interest in monitoring employee communication, employees also have a right to privacy in their personal lives. This can create tension between the employer's need to monitor and the employee's right to privacy.
Another issue is the potential for misuse of electronic monitoring. For example, employers may use electronic monitoring to spy on employees or to unfairly target certain employees. This can create a negative work environment and may lead to legal issues.
The direction of communication is also an important consideration when it comes to electronic monitoring. While electronic monitoring can be used to monitor communication from employees to external parties, it can also be used to monitor communication between employees. This can create a sense of distrust among employees and may lead to a breakdown in workplace relationships.
The channel of communication is also an important consideration. Electronic monitoring is typically used to monitor electronic forms of communication, such as email and instant messaging. However, it is important to consider the impact of electronic monitoring on other forms of communication, such as face-to-face communication.
Finally, the style of communication is an important consideration when it comes to electronic monitoring. For example, employees may feel that they need to be more formal in their communication when they know that they are being monitored. This can lead to a lack of authenticity and may create a barrier to effective communication.
Closing paragraph (conclusion and your own opinion):
In conclusion, electronic monitoring of employee communication in organizations does fit clearly with classical aspects of workplace communication. However, there are several issues that arise when considering the content, direction, channel, and style of communication. It is important for organizations to carefully consider these issues and to strike a balance between the need for monitoring and the rights of employees. In my opinion, electronic monitoring can be a useful tool for organizations, but it should be used in a way that is fair and respectful to employees.
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What is a product life cycle and mention the role of
innovation in each step, minimum word required 200
A product life cycle is the process that a product goes through from its initial conception to its eventual discontinuation. There are four main stages in the product life cycle: introduction, growth, maturity, and decline. Innovation plays a crucial role in each step of the product life cycle.
In the introduction stage, innovation is critical for creating a unique and desirable product that will attract the attention of potential customers. This can include developing new features, designs, or technologies that differentiate the product from competitors.
In the growth stage, innovation is important for maintaining and expanding the product's market share. This can include updating or improving the product to meet changing customer needs, or introducing new marketing strategies to reach new audiences.
In the maturity stage, innovation is necessary for keeping the product relevant and competitive in the market. This can include adding new features or improving existing ones, or finding new ways to differentiate the product from competitors.
Finally, in the decline stage, innovation can help extend the product's life cycle by finding new uses or markets for the product. This can include introducing new versions of the product, or adapting it for use in different industries or applications.
Overall, innovation is a key driver of success throughout the product life cycle. By constantly developing and improving products, companies can stay competitive and maintain their market share.
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1- The difference between Musharaka and Mudaraba is:
a.Musharaka involves unlimited liability.
b.Musharaka involves limited liability.
c.Mudaraba involves unlimited liability.
2-The difference between Musharaka and Mudaraba is (All Except):
a.Investment in Mudaraba comes only from the Rab ul Mall.
b.In Mudaraba any losses are suffered by the Mudarib alone.
c.In Musharaka all the partners share the loss in proportion to the ratio of their investment.
3-In Musharaka Losses are shared according to:
a.50:50.
b.The proportion of the amount invested.
c.According to a fixed amount.
1- The difference between Musharaka and Mudaraba is b: "Mudaraba involves limited liability."
2-The difference between Musharaka and Mudaraba is (All Except) b: "In Mudaraba any losses are suffered by the Mudarib alone".
3-In Musharaka Losses are shared according to b: "The proportion of the amount invested".
1- The difference between Musharaka and Mudaraba is: b. Musharaka involves limited liability.
Musharaka is a partnership in which all partners contribute capital and share profits and losses according to an agreed-upon ratio. In contrast, Mudaraba is a partnership in which one partner, the Rab ul Mall, provides the capital while the other partner, the Mudarib, manages the business. In Musharaka, all partners have limited liability, meaning that they are only liable for the amount they have invested. In Mudaraba, the Rab ul Mall has unlimited liability while the Mudarib has limited liability.
2- The difference between Musharaka and Mudaraba is (All Except): b. In Mudaraba any losses are suffered by the Mudarib alone.
In Mudaraba, any losses are suffered by the Rab ul Mall alone, as they are the ones who provided the capital. The Mudarib is only liable for any losses caused by their negligence or misconduct. In Musharaka, all partners share the losses in proportion to the ratio of their investment.
3- In Musharaka Losses are shared according to: b. The proportion of the amount invested.
In Musharaka, losses are shared according to the proportion of the amount invested by each partner. This means that if one partner invested more than the other, they will bear a larger share of the losses. This is different from Mudaraba, where the Rab ul Mall bears all the losses unless the Mudarib is found to be negligent or engaged in misconduct.
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List seven forms of legislation (from all levels of government) that could affect businessoperations and, in 50-100 words, explain why staff need to understand the key elements of thelegislation. You can include legislation that is specific to certain industries or list genericlegislation applicable to all business operations.
What are the advantages of auditing for risk management? List at least eight
Seven forms of legislation that could affect business operations include:
1. Labor laws
2. Consumer protection laws
3. Environmental laws
4. Health and safety laws
5. Tax laws
6. Intellectual property laws
7. Trade laws
Staff need to understand the key elements of these laws in order to ensure that the business operates legally and ethically. Failing to comply with legislation can result in fines, lawsuits, and damage to the company's reputation. By understanding the key elements of the legislation, staff can identify potential risks and take action to mitigate them.
Auditing for risk management has several advantages, including:
1. Identifying potential risks before they become problems
2. Ensuring compliance with laws and regulations
3. Reducing the potential for fraud
4. Improving operational efficiency
5. Enhancing the reliability of financial reporting
6. Strengthening internal controls
7. Identifying areas for improvement
8. Protecting the company's reputation
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Wonder Wani is a thriving local natural skincare brand. The brand managed to fare well despite it being relatively new in the market. Wani, the founder of this brand, will have a quarterly meeting with the top skincare agents to track the sales progress. They came up with the projected sales and production of the natural face wash for the third quarter of the year:
July August September
Sales (in units) 5,112 4,347 3,528
Production (in units) 5,680 4,830 3,920
Additional information:
1. Cash-related production costs are budgeted at RM22 per unit.
2. 35% of the production costs are paid in the month in which are incurred and the balance is paid in the following month.
3. Selling & administrative expenses is RM53,500 per month.
4. The balance of accounts payable on 30 June 2021 is RM 56,780 (which would be paid in July 2021).
5. All items are sold on account to the agents for RM35 each.
Required: i. Construct the budgeted cash disbursement schedule for the month of July to September 2021. (14 marks) (CLO2:PLO5:C5 / CLO2:PLO12:C5)
ii. Calculate the budgeted sales for the month of July to September 2021
i. Budgeted cash disbursement schedule can be write as follows:
July:
Cash payment for production costs (35% of RM22 x 5,680) = RM 4,217
Payment of accounts payable balance = RM 56,780
Total cash disbursement for July = RM 60,997
August:
Cash payment for production costs (65% of RM22 x 5,680) + (35% of RM22 x 4,830) = RM 7,712
Selling & administrative expenses = RM 53,500
Total cash disbursement for August = RM 61,212
September:
Cash payment for production costs (65% of RM22 x 4,830) + (35% of RM22 x 3,920) = RM 6,409
Selling & administrative expenses = RM 53,500
Total cash disbursement for September = RM 59,909
ii. Budgeted sales for July to September 2021 can be write as follows:
July: Sales = 5,112 units x RM35 = RM 178,920
August: Sales = 4,347 units x RM35 = RM 152,145
September: Sales = 3,528 units x RM35 = RM 123,480
To construct the budgeted cash disbursement schedule, we need to consider the following information:
Cash-related production costs: The budgeted cost per unit is given as RM22, and we need to multiply this by the number of units produced in each month to get the total production cost for the month.
Payment terms: We are told that 35% of the production costs are paid in the month they are incurred, and the balance is paid in the following month. We also need to make a payment for any outstanding accounts payable balance at the beginning of the month.
Selling and administrative expenses: This is a fixed amount of RM53,500 per month. Accounts payable balance: We are given the balance of accounts payable at the end of June, which needs to be paid in July. Using this information, we can calculate the budgeted cash disbursement for each month.
To calculate the budgeted sales, we simply need to multiply the projected sales figures in units by the selling price per unit of RM35.
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Howe Ltd. had 34,000 common shares on January 1, 2021. On May 1, 3,000 common shares were reacquired and retired. On August 31 and November 30, 9,000 and 6,000 common shares were issued, respectively.Howe Ltd. reported net income of $370,000. Howe Ltd. also had 10,000 $2 cumulative preferred shares, on which the dividend for the current year was declared and paid.Your answers for blanks 1 and 2 should be provided with NO DOLLAR SIGNS ($), COMMAS (,),or PERIODS (.) and be rounded to the nearest dollar. For example, $100,000.34 should be entered as 100000 whereas $100,000.67 should be entered as 100001Blank 1 – what is the dollar value of the numerator used to calculate the basic earnings per share.Blank 2 – what is the denominator used to calculate the basic earnings per shareYour answers for blank 3 should include the period to separate the dollars from the centsBlank 3 – What is the basic earnings per share. Answer rounded to two decimal places – for example if earnings per share is $7.42, enter 7.42
$350,000 is the dollar value of the numerator used to calculate the basic earnings per share. 35500 is the denominator used to calculate the basic earnings per share. $9.86 is the basic earnings per share.
To calculate the basic earnings per share, we need to find the numerator and denominator. The numerator is the net income available to common shareholders, which is the net income minus the preferred dividends. The denominator is the weighted average number of common shares outstanding during the year.
The dollar value of the numerator is the net income minus the preferred dividends. The net income is $370,000 and the preferred dividends are 10,000 x $2 = $20,000.
So the numerator is $370,000 - $20,000 = $350,000.
Therefore, the answer for blank 1 is 350000.
The denominator is the weighted average number of common shares outstanding during the year. We need to calculate the weighted average for each period and then add them together. For the period from January 1 to April 30, there were 34,000 shares outstanding for 4 months. For the period from May 1 to August 30, there were 31,000 shares outstanding for 4 months. For the period from September 1 to November 29, there were 40,000 shares outstanding for 3 months. And for the period from November 30 to December 31, there were 46,000 shares outstanding for 1 month.
The weighted average is (34,000 x 4) + (31,000 x 4) + (40,000 x 3) + (46,000 x 1) = 136,000 + 124,000 + 120,000 + 46,000 = 426,000.
To find the average for the year, we divide by 12: 426,000 / 12 = 35,500.
Therefore, the answer for blank 2 is 35500.
The basic earnings per share is the numerator divided by the denominator. So we divide $350,000 by 35,500 to get $9.86.
Therefore, the answer for blank 3 is 9.86.
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Case Study:The case for a central source to oversee project resource scheduling is well known by practitioners. Here is a synopsis of a conversation with one middle manager.Interviewer: Congratulations on acceptance of your multiproject scheduling proposal. Everyone tells me you were very convincing.Middle Manager: Thanks. Gaining acceptance was easy this time. The board quickly recognized we have no choice if we are to keep ahead of competition by placing our resources on the right projects.Interviewer: Have you presented this to the board before?Middle Manager: Yes, but not this company. I presented the same spiel to the firm I worked for two years ago. For their annual review meeting I was charged to present a proposal suggesting the need and benefits of central capacity resource planning for managing the projects of the firm.I tried to build a case for bringing projects under one umbrella to standardize practices and to forecast and assign key people to mission critical projects. I explained how benefits such as resource demands would be aligned with mission critical projects, proactive resource planning, and a tool for catching resource bottlenecks and resolving conflicts.Almost everyone agreed the idea was a good one. I felt good about the presentation and felt confident something was going to happen. But the idea never really got off the ground; it just faded into the sunset.With hindsight, managers really did not trust colleagues in other departments, so they only gave half-hearted support to central resource planning. Managers wanted to protect their turf and ensure that they would not have to give up power. The culture there was simply too inflexible for the world we live in today. They are still struggling with constant conflicts among projects.I'm glad I made the switch to this firm. The culture here is much more team-oriented. Management is committed to improving performance.It has often been asserted in project management literature that a centralised project office is essential for efficient scheduling of scarce project resources such as specialised skills and costly equipment across multiple projects. Do you agree? State your position. Support your answer with evidence and reasonable arguments from the case scenario and/or your work experience.
I agree that a centralised project office is essential for efficient scheduling of scarce project resources across multiple projects. In contrast, the current firm’s team-oriented culture and commitment to improving performance provides evidence of the advantages of having a centralised project office.
From the case scenario, it is clear that the former firm’s lack of commitment to central resource planning, with managers protecting their own turf, caused project conflicts.
This centralised approach would allow resources to be managed more effectively, by aligning them with mission-critical projects, proactively forecasting and assigning key people, and helping to catch and resolve resource bottlenecks.
My own work experience also confirms this position, as I have found a centralised project office to be critical in ensuring projects have the resources they need.
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2. Stratford Corp. (SC) is considering a new project. SC estimates that there is a 25% probability that cash flows in one year will be $250,000, and a 75% probability the cash flows will be $350,000. The cost of the project is $200,000. The project’s cost of capital is 15% and the risk-free rate is 5%.
What is the NPV of the project?
If the $200,000 cost of the project is financed 100% with equity, what is the expected return on the unlevered equity?
If the project is financed with 50% debt (at the risk-free rate), what should the value of the equity be?
What is the expected return on the levered equity?
If the company finances the project with 30% debt (at the risk-free rate), what should the value of the equity be?
What is the expected return on the levered equity?
The expected return on the levered equity is equal to the cost of capital plus the present value of the debt times the ratio of debt to total capital is equal to 17%.
The NPV of the project is the present value of the cash flows minus the cost of the project. The NPV can be calculated as follows:
NPV = $250,000 x (1 - 0.25) + $350,000 x (1 - 0.75) - $200,000 = $25,000
If the project is financed 100% with equity, then the expected return on the unlevered equity is equal to the cost of capital, or 15%.
If the project is financed with 50% debt (at the risk-free rate of 5%), then the value of the equity is equal to the NPV plus the present value of the debt. The present value of the debt is equal to the cost of the debt times the present value factor for the term of the loan. The value of the equity is thus equal to:
Value of Equity = NPV + Cost of Debt x Present Value Factor = $25,000 + $100,000 x (1 - 0.05) = $125,000
The expected return on the levered equity is equal to the cost of capital plus the present value of the debt times the ratio of debt to total capital, or 15% + $100,000 x 0.5 = 20%.
If the company finances the project with 30% debt (at the risk-free rate of 5%), then the value of the equity is equal to the NPV plus the present value of the debt. The value of the equity is thus equal to:
Value of Equity = NPV + Cost of Debt x Present Value Factor = $25,000 + $60,000 x (1 - 0.05) = $85,000
The expected return on the levered equity is equal to the cost of capital plus the present value of the debt times the ratio of debt to total capital, or 15% + $60,000 x 0.3 = 17%.
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1. You have $12,000 to invest. You need the money in 13 years, and you expect to earn 6% per year. How much will you have in 13 years? 2. Steven needs $180,000 in 10 years for his daughter's education. If he can earn 6.5% per year, how much does he need to invest today?
3. You have $25,000 to invest and you need $80,000 for a down payment and closing costs on a house. If you want to buy the house in 7 years, what rate of interest do you need to earn?
4. You have $13,000 to invest right now and you figure you will need $25,000 to buy a new car. If you can earn 7.5% per year, how long before you can buy the car?
5. Consider the cash flows presented in the table below. What is the value of the cash flows in year 4 if the interest rate is 8 percent compounded annually?
Year Cash Flow
36528
36558
36589
36621
6. Consider the cash flows presented in the table below. What is the present value if the appropriate interest rate is 6 percent compounded annually?
Year Cash Flow
36526
36559
36587
36621
36652
7. What is the present value of $6,000 per year for 11 years if the interest rate is 5.3%?
8. You are going to borrow $550,000 to buy a house. What will your monthly payment be if the annual interest rate is 4.2 percent, and you borrow the money for 30 years?
9. You borrow $50, 000 to be repaid in 4 equal payments at the end of each of the next 4 years. The bank charges 4.8 percent compounded annually. Prepare the loan amortization schedule.
Explanation:
Using the formula for compound interest, we have:
A = P(1 + r/n)^(nt)
where A is the amount at the end of the investment period, P is the initial investment, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
Plugging in the given values, we get:
A = 12000(1 + 0.06/1)^(1*13) = $24,343.43
Using the formula for present value of a future sum, we have:
PV = FV / (1 + r)^t
where PV is the present value, FV is the future value, r is the interest rate per year, and t is the number of years.
Plugging in the given values, we get:
PV = 180000 / (1 + 0.065)^10 = $94,297.50
Using the formula for future value of a present sum, we have:
FV = PV(1 + r/n)^(nt)
where FV is the future value, PV is the present value, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
We need to find the interest rate that will give us a future value of $80,000 in 7 years, with an initial investment of $25,000. We can use trial and error, or a financial calculator or spreadsheet, to find the interest rate that satisfies this condition.
Plugging in some values, we find that an interest rate of approximately 9.32% will give us a future value of $80,000 in 7 years.
Using the formula for the number of years required to reach a future value, we have:
t = ln(FV/PV) / ln(1 + r/n)
where t is the number of years, FV is the future value, PV is the present value, r is the annual interest rate, and n is the number of times the interest is compounded per year.
Plugging in the given values, we get:
t = ln(25000/13000) / ln(1 + 0.075/1) = 8.29 years.
Therefore, it will take approximately 8.29 years to reach a future value of $25,000 with an initial investment of $13,000 at an annual interest rate of 7.5%.
To find the value of the cash flows in year 4, we need to discount each cash flow to its present value using the formula:
PV = FV / (1 + r)^n
where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.
Then, we sum up the present values of all the cash flows.
PV(Year 1) = 36528 / (1 + 0.08)^1 = $33,800.93 PV(Year 2) = 36558 / (1 + 0.08)^2 = $30,425.55 PV(Year 3) = 36589 / (1 + 0.08)^3 = $27,398.64 PV(Year 4) = 36621 / (1 + 0.08)^4 = $24,689.89
Therefore, the total present value of the cash flows in
What do we mean by Perceived Service Quality? Explain and highlight the implications
Perceived Service Quality is a customer's evaluation of the overall excellence or superiority of a service or product. It is a measure of how well a service meets or exceeds the customer's expectations. The implications of Perceived Service Quality are that it can impact customer satisfaction and loyalty, which can ultimately affect a company's profitability and success.
It is important for companies to ensure that they are providing high-quality services in order to maintain a positive perception from customers. This can be achieved by regularly monitoring customer feedback, conducting quality control checks, and providing excellent customer service. By doing so, companies can improve their Perceived Service Quality and increase customer satisfaction and loyalty.
In conclusion, Perceived Service Quality is an important factor in a company's success and should be carefully monitored and improved upon in order to maintain a positive perception from customers.
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Mr. Smith is purchasing a $ 90000 house. The down payment is 20% of the price of the house. He is given the choice of two mortgages: a) a 25-year mortgage with an annual interest rate of 10 %, with interest compounded monthly.
Find (i) the monthly payment: $
(ii) the total amount of interest paid: $
b) a 15-year mortgage with an annual interest rate of 10 %, with interest compounded monthly.
Find (i) The monthly payment: $
(ii) the total amount of interest paid: $
The down payment for the house is 20% of $90000, which is $18000. Therefore, the amount of the mortgage is $90000 - $18000 = $72000.
For the 25-year mortgage:
(i) The monthly payment can be calculated using the formula: P = (r*A)/(1-(1+r)^(-n)), where P is the monthly payment, r is the monthly interest rate, A is the amount of the mortgage, and n is the number of payments. In this case, r = 10%/12 = 0.008333, A = $72000, and n = 25*12 = 300. Plugging these values into the formula gives:
P = (0.008333*$72000)/(1-(1+0.008333)^(-300))
P = $657.36
(ii) The total amount of interest paid is the total amount paid minus the amount of the mortgage: (300*$657.36) - $72000 = $197208 - $72000 = $125208
For the 15-year mortgage:
(i) The monthly payment can be calculated using the same formula, but with n = 15*12 = 180. Plugging these values into the formula gives:
P = (0.008333*$72000)/(1-(1+0.008333)^(-180))
P = $733.76
(ii) The total amount of interest paid is the total amount paid minus the amount of the mortgage: (180*$733.76) - $72000 = $132076.8 - $72000 = $60076.8
Therefore, the monthly payment for the 25-year mortgage is $657.36 and the total amount of interest paid is $125208. The monthly payment for the 15-year mortgage is $733.76 and the total amount of interest paid is $60076.8.
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A company with 625,000 shares outstanding that sell for $120 per share has announced a 12% stock dividend. Assuming there are no market imperfections or tax effects, what will be the number of shares outstanding after the stock dividend?
round final answer to 2 decimals
After the 12% stock dividend, the number of shares outstanding will be 700,000. And the new price per share will be $107.14.
To calculate this, we can use the formula:
New number of shares outstanding = Old number of shares outstanding × (1 + Stock dividend rate)
Plugging in the values from the question:
New number of shares outstanding = 625,000 × (1 + 0.12)
New number of shares outstanding = 625,000 × 1.12
New number of shares outstanding = 700,000
Therefore, the number of shares outstanding after the stock dividend will be 700,000.
Note: The price per share will also change after the stock dividend. The new price per share will be:
New price per share = Old price per share × (1 / (1 + Stock dividend rate))
New price per share = $120 × (1 / (1 + 0.12))
New price per share = $120 × (1 / 1.12)
New price per share = $107.14
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Please type the answer by the computer so i can see it clearly, thank you
(a) Explain and analyse ONE key risk the company (Sushiro) faced when it operates overseas (100 words)
(b) With reference to the risk mentioned in (a), what is your suggested action(s) for Sushiro? Explain. (100 words)
- Reference (APA style)
(a) One key risk that Sushiro faced when operating overseas is cultural differences. It is important for a company to understand and adapt to the cultural norms and values of the country it is operating in.
Explanation:
Failure to do so can lead to misunderstanding, mistrust, and a lack of acceptance from the local community. This can ultimately affect the company's reputation and profitability.
For example, if Sushiro were to open a restaurant in a country with a predominantly vegetarian population, it would need to adapt its menu to offer more vegetarian options in order to appeal to the local market.
(b) In order to mitigate the risk of cultural differences, Sushiro should conduct thorough market research before expanding overseas.
Explanation:
This would involve understanding the local culture, customs, and consumer preferences. Based on this research, Sushiro can then adapt its business strategy to better cater to the local market.
This could include offering culturally appropriate menu items, hiring local staff who understand the culture, and adapting marketing campaigns to appeal to local consumers. By taking these steps, Sushiro can reduce the risk of cultural misunderstandings and build a stronger relationship with the local community.
Reference:
Hofstede, G. (2011). Cultural dimensions in management and planning. Asia Pacific Journal of Management, 28(1), 3-19.
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If the risk-free rate is 4% and the Beta of Consolidated Marshmallow is 2, then if the non-market risk of Consolidated Marshmallow is negligible, what is its standard deviation of return if the risk (SD) of the market is 20
The standard deviation of return of Consolidated Marshmallow can be estimated using the Capital Asset Pricing Model (CAPM). According to the CAPM, the expected return of Consolidated Marshmallow is equal to the risk-free rate plus its systematic risk (beta) multiplied by the market risk premium.
In this case, the risk-free rate is 4%, the beta of Consolidated Marshmallow is 2, and the market risk premium is the risk (SD) of the market (20) less the risk-free rate (4%), which is 16. Therefore, the expected return of Consolidated Marshmallow is equal to 4% + (2 x 16) = 36%.
The standard deviation of return of Consolidated Marshmallow is equal to the market risk premium divided by the square root of one plus the beta squared. In this case, the standard deviation of return of Consolidated Marshmallow is equal to 16/√(1+2^2) = 16/√5 = 12.64%. Therefore, the standard deviation of return of Consolidated Marshmallow is 12.64%.
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A fire destroyed xyz manufacturing company completely on january 29, 2004. Fortunately certain accounting records were kept in another building. It revealed the following for the period from january 1, 2004 to january 29, 2004. Direct material purchased br. 160, 000 wip january1 34,000 direct material january1, 2004 16,000 finished goods january1, 2004 30,000 moh cost 40% of conversion cost revenue 500,000 direct labor cost 180,000 prime cost 294,000 gross profit based on sales 20% cost of goods available for sale 450,000 required: a. Direct material of ending inventory b. Work in progress of ending inventory C. Finished good of ending inventory
Answer:
can you be more specific
Explanation:
becausebecause the fire was so wild and the machines for stomach how will you expect a company that big not too bad so you need to reduce the size of the machines there so that it won't get some points that is why you need that is why I spend so much money on your books are going so please I will expect you that you should use some of your machine so you can finish
To find the ending inventory of direct materials, we need to subtract the direct materials used from the direct materials purchased.
What is inventory?
Inventory, also known as stock, refers to the goods and materials that a company keeps for the purpose of resale, production, or use.
To find the ending inventory of direct materials, we need to subtract the direct materials used from the direct materials purchased.
Direct materials used = Beginning inventory of direct materials + Direct materials purchased - Ending inventory of direct materials
Direct materials used = Prime cost - Direct labor cost
Direct materials used = 294,000 - 180,000
Direct materials used = 114,000
Now we can calculate the ending inventory of direct materials:
Ending inventory of direct materials = Direct materials purchased - Direct materials used
Ending inventory of direct materials = 160,000 - 114,000
Ending inventory of direct materials = 46,000
Therefore, the ending inventory of direct materials is 46,000.
To find the ending inventory of work in progress, we need to use the following formula:
Conversion cost = Direct labor cost + Manufacturing overhead cost
Conversion cost = 180,000 + (40% x Conversion cost)
0.6 x Conversion cost = 180,000
Conversion cost = 300,000
Manufacturing overhead cost = Conversion cost - Direct labor cost
Manufacturing overhead cost = 300,000 - 180,000
Manufacturing overhead cost = 120,000
To find the cost of goods manufactured, we need to use the following formula:
Cost of goods manufactured = Beginning inventory of finished goods + Cost of goods available for sale - Ending inventory of finished goods
Cost of goods manufactured = Gross profit based on sales - Revenue - Selling and administrative expenses
Cost of goods manufactured = (20% x 500,000) - 500,000 - 0
Cost of goods manufactured = 100,000 - 500,000 - 0
Cost of goods manufactured = -400,000
So we can rearrange the formula for the ending inventory of finished goods as:
EI_FG = Beginning inventory of finished goods + Cost of goods manufactured - Cost of goods sold
EI_FG = 30,000 + 461,600 - (450,000 - EI_FG)
2EI_FG = 41,600
EI_FG = $20,800
Therefore, the ending inventory of finished goods is $20,800.
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1. XYZ Inc. sold $5,000,000 of 7.5%, 25-year, semiannual payment bonds 20 years ago. The bonds are not callable, but they do have a sinking fund provision requiring 10% of the original face value to be redeemed each year ($500,000), beginning in Year 15. To date, 50% of the issue has been retired. The company can either call bonds at par for sinking fund purposes or purchase bonds on the open market, spending sufficient money to redeem 10% of the original face value each year. If the nominal yield to maturity on the bonds is currently 8.25%, what is the least amount of money XYZ Inc. must put up to satisfy the sinking fund provision?
2. Consider a 15-year semiannual floating rate bond with coupon rate determined with the following formula:
Coupon rate = reference rate + 65bps
What’s the discount margin of the bond if the bond price is 99.5730 and current reference rate is 9%?
3. Suppose that an investor with a 5-year investment horizon is considering purchasing a 7-year 9% coupon bond selling at par. The investor expects that he can reinvest the coupon payments at an annual interest rate of 9.4% and that at the end of the investment horizon 2-year bonds will be selling to offer a yield to maturity of 11.2%. Assuming semiannual compounding, what is the total return for this bond?
1. The least amount of money that XYZ Inc. must put up to satisfy the sinking fund provision is $2,305,719.32.
2. The discount margin of the bond is 0.65%.
3. The total return for the bond is $3,831.18.
1. To satisfy the sinking fund provision, XYZ Inc. must put up the least amount of money to redeem 10% of the original face value each year. Since the nominal yield to maturity on the bonds is currently 8.25%, the company can either call bonds at par for sinking fund purposes or purchase bonds on the open market at a lower price. The least amount of money that XYZ Inc. must put up is the lower of the two options.
If the company calls bonds at par, it will need to put up $500,000 each year.
If the company purchases bonds on the open market, it will need to spend less than $500,000 each year. The price of the bonds on the open market is determined by the nominal yield to maturity of 8.25%. Using the bond pricing formula, the price of the bonds on the open market is:
P = C/(1+r/2)^(2n) + F/(1+r/2)^(2n)
Where P is the price of the bond, C is the coupon payment, r is the nominal yield to maturity, n is the number of years until maturity, and F is the face value of the bond.
Plugging in the values for XYZ Inc.'s bonds:
P = ($5,000,000 * 0.075)/2 / (1 + 0.0825/2)^(2*5) + $5,000,000 / (1 + 0.0825/2)^(2*5)
P = $2,305,719.32
2. The discount margin of a floating rate bond is the difference between the bond's coupon rate and the reference rate. The coupon rate for the bond is determined by the formula:
Coupon rate = reference rate + 65bps
Plugging in the current reference rate of 9%:
Coupon rate = 9% + 65bps = 9.65%
The discount margin is the difference between the coupon rate and the reference rate:
Discount margin = 9.65% - 9% = 0.65%
3. To calculate the total return for the bond, we need to calculate the future value of the bond at the end of the investment horizon. The future value of the bond is the sum of the future value of the coupon payments and the future value of the bond's principal.
The future value of the coupon payments is calculated using the formula:
FV = C * [(1+r)^n - 1] / r
Where FV is the future value, C is the coupon payment, r is the interest rate, and n is the number of periods.
Plugging in the values for the bond:
FV = ($1,000 * 0.09)/2 * [(1 + 0.094/2)^(2*5) - 1] / (0.094/2)
FV = $2,597.96
The future value of the bond's principal is calculated using the formula:
FV = P * (1+r)^n
Where FV is the future value, P is the principal, r is the interest rate, and n is the number of periods.
Plugging in the values for the bond:
FV = $1,000 * (1 + 0.112/2)^(2*2)
FV = $1,233.22
The total return for the bond is the sum of the future value of the coupon payments and the future value of the bond's principal:
Total return = $2,597.96 + $1,233.22 = $3,831.18
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Clown Around, Inc., provides party entertainment for children of all ages. The following is the
company’s trial balance dated February 1, current year.
CLOWN AROUND, INC.
TRIAL BALANCE
FEBRUARY 1, CURRENT YEAR
Cash
$3,420
Accounts receivable
1,080
Accounts payable
$ 960
Capital stock
2,400
Retained earnings
900
Dividends
________
Party revenue
1,620
Salaries expense
996
Party food expense
28
Travel expense
96
$5,880 $5,880
Clown Around engaged in the following transactions in February.
Feb. 2 Paid $900 in partial settlement of the outstanding account payable reported in the trial
balance dated February 1.
Feb. 6 Collected $1,080 in full settlement of the outstanding accounts receivable reported in
the trial balance dated February 1.
Feb. 18 Billed Sunflower Child Care $210 for clown services. The entire amount is due March 15.
Feb. 26 Billed and collected $576 for performing at several birthday parties.
Feb. 28 Paid clown salaries of $312 for work done in February.
Feb. 28 Recorded and paid $48 for travel expenses incurred in February.
Feb. 28 Declared and paid a $120 dividend to Ralph Jaschob, the company’s only shareholder.
a. Record the company’s February transactions in general journal form. Include a brief explanation
of the transaction as part of each journal entry.
b. Post each entry to the appropriate ledger accounts (use the T account format as illustrated in
Exhibit 3–8).
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140 Chapter 3 The Accounting Cycle: Capturing Economic Events
c. Prepare a trial balance dated February 28, current year. (Hint: Retained Earnings will be
reported at the same amount as it was on February 1. Accounting for changes in the Retained
Earnings account resulting from revenue, expense, and dividend activities is discussed in
Chapter 5.)
d. Will the $120 dividend paid on February 28 decrease the company’s income? Explain.
A. The transactions are in journal form.
B. The ledger accounts are given in details.
C. A trial balance dated February 28 is $7,042 $7,042
D. No. The $120 dividend paid on February 28 decrease the company’s income.
a.
Feb. 2: Debit Accounts Payable $900, Credit Cash $900 (partial settlement of outstanding accounts payable)
Feb. 6: Debit Cash $1,080, Credit Accounts Receivable $1,080 (full settlement of outstanding accounts receivable)
Feb. 18: Debit Accounts Receivable $210, Credit Party Revenue $210 (clown services billed to Sunflower Child Care)
Feb. 26: Debit Party Revenue $576, Credit Cash $576 (payment for performing at birthday parties)
Feb. 28: Debit Salaries Expense $312, Credit Cash $312 (payment for clown salaries)
Feb. 28: Debit Travel Expense $48, Credit Cash $48 (payment for travel expenses)
Feb. 28: Debit Cash $120, Credit Dividends $120 (payment of dividends to shareholder)
b.
Cash:
Debit: $3,420 + 1,080 + 576 + 312 + 48 = $5,436
Credit: $900 + 1,080 = $1,980
Accounts Receivable:
Debit: $1,080
Credit: $210 + 1,080 = $1,290
Accounts Payable:
Debit: $960
Credit: $900 = $60
Capital Stock:
Debit: $2,400
Credit: $0
Retained Earnings:
Debit: $900
Credit: $0
Dividends:
Debit: $120
Credit: $120
Party Revenue:
Debit: $1,620
Credit: $576 + 210 = $786
Salaries Expense:
Debit: $996
Credit: $312 = $684
Party Food Expense:
Debit: $28
Credit: $0
Travel Expense:
Debit: $96
Credit: $48 = $48
c. CLOWN AROUND, INC.
TRIAL BALANCE
FEBRUARY 28, CURRENT YEAR
Cash- $5,436
Accounts receivable- 1,290
Accounts payable- $60
Capital stock- 2,400
Retained earnings- 900
Dividends- 120
Party revenue- 2,406
Salaries expense- 996
Party food expense- 28
Travel expense- 96
$7,042 $7,042
d. No, the $120 dividend paid on February 28 does not decrease the company's income. Dividends are distributions of a company's profits to its shareholders and do not affect the company's net income.
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Work out the net present value of the following investments. The risk-free rate is 3%, and the average return on the market index is 7%.
a) You invest £1,000 in a 1.2-beta project with an annual cash flow of £300. The first cash flow arrives in year two. The final cash flow comes in year six.
The net present value of the given investment is £-109.55.
The net present value (NPV) of an investment is the present value of its future cash flows minus the initial investment. It is used to determine the profitability of a project or investment.
To calculate the NPV of the given investment, we need to first calculate the required rate of return using the Capital Asset Pricing Model (CAPM) formula:
Required rate of return = risk-free rate + beta * (market return - risk-free rate)
Required rate of return = 3% + 1.2 * (7% - 3%) = 7.8%
NPV = (CF1 / (1 + r)^1) + (CF2 / (1 + r)^2) + ... + (CFn / (1 + r)^n) - initial investment
Where CF is the annual cash flow, r is the required rate of return, and n is the number of years.
For the given investment:
NPV = (£300 / (1 + 7.8%)^2) + (£300 / (1 + 7.8%)^3) + (£300 / (1 + 7.8%)^4) + (£300 / (1 + 7.8%)^5) - £1,000
NPV = £248.47 + £230.28 + £213.55 + £198.15 - £1,000
NPV = £-109.55
Therefore, the net present value of the given investment is £-109.55.
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Q18) You invest $1,585.00 at the beginning of every year and your friend invests $1,585.00 at the end of every year. If you both earn an annual rate of return of 3.99% , how much more money will you have after 29.0 years? (2 points)
money you will have after 29.0 years compared to your friend, is $4,996.81 more than your friend after 29.0 years.
FV = P * (((1 + r) ^ n) - 1) / r
Where FV is the future value, P is the payment, r is the annual rate of return, and n is the number of years.
For you, the formula would be:
FV = 1585 * (((1 + 0.0399) ^ 29) - 1) / 0.0399
FV = 1585 * (3.2655 - 1) / 0.0399
FV = 1585 * 2.2655 / 0.0399
FV = $90,456.36
For your friend, the formula would be:
FV = 1585 * (((1 + 0.0399) ^ 28) - 1) / 0.0399
FV = 1585 * (3.1426 - 1) / 0.0399
FV = 1585 * 2.1426 / 0.0399
FV = $85,459.55
So the difference between the two amounts is:
$90,456.36 - $85,459.55 = $4,996.81
Therefore, you will have $4,996.81 more than your friend after 29.0 years.
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What is the capital recovery cost for a machine costing $604,800 with a life of 12 years and a salvage value of 14% of the initial cost? The rate used by the firm is 10% per year compounded weekly.Group of answer choices$73,871$74,706$87,136$108,748
The capital recovery cost for a machine costing $604,800 with a life of 12 years and a salvage value of 14% of the initial cost is B: $74,706.
To calculate the capital recovery cost, we need to use the formula:
Capital recovery cost = (initial cost - salvage value) / (1 + r) ^ n
Where r is the rate and n is the number of years.
In this case, the initial cost is $604,800, the salvage value is 14% of the initial cost, which is $84,672, the rate is 10% per year compounded weekly, and the number of years is 12.
Plugging these values into the formula, we get:
Capital recovery cost = ($604,800 - $84,672) / (1 + 0.10) ^ 12
Capital recovery cost = $520,128 / 3.13843
Capital recovery cost = $165,743.63 / 2.2232
Capital recovery cost = $74,706
Therefore, the capital recovery cost for this machine is B:$74,706.
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The research topic is Copycat Brands. Submit your research topic proposal. In your proposal, you must demonstrate the rationale for your topic and what you intend to address (Problem), and the ultimate solution. Include an outline starting with an introduction and on until the conclusion and lessons learned and at least 10 key terms to be used in the final research paper. Read chapters 1-4 to get a sense of their themes and how to address specific problematic aspects of the chapter of interest. Included is what we learned in each chapter:Chapter 1- entrepreneurship, corporate entrepreneurship, start- up firms, demographics, positive effects.Chapter 2- Opportunities, approaches, and techniques of entrepreneurs.Chapter 3- Feasibility analysis, product feasibility, market feasibility, organizational and financial feasibility.Chapter 4- Business Models, standard and disruptive business models.
Your research topic proposal should focus on the effects of copycat brands on the market. Specifically, you should explore how copycat brands can affect the market both positively and negatively, including how they can create opportunities and challenges for entrepreneurs. You should also analyze how copycat brands influence the creation and success of start-up firms and corporate entrepreneurs.
To provide a comprehensive exploration of this topic, your research paper should incorporate the key themes explored in chapters 1-4, including entrepreneurship, corporate entrepreneurship, start-up firms, demographics, approaches and techniques of entrepreneurs, feasibility analysis, product feasibility, market feasibility, organizational and financial feasibility, and business models.
Your research paper should begin with an introduction to the topic and a statement of the problem that your paper aims to address. Then, you should move into the body of your paper, which should cover the aforementioned key terms and themes in detail. Finally, your paper should conclude with a summary of the lessons learned and any potential implications for future research.
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Assuming all investors are mean-variance optimizers, explain why
optimal risky portfolio plots on the the tangent point between SML
and efficient frontier?
The optimal risky portfolio is the one that offers the highest expected return for a given level of risk. In the mean-variance framework, this is represented by the tangent point between the efficient frontier and the security market line (SML).
The efficient frontier is the set of portfolios that offer the highest expected return for a given level of risk. The SML, on the other hand, represents the relationship between risk and expected return for individual assets.
When investors are mean-variance optimizers, they seek to maximize their expected return for a given level of risk. This means that they will choose the portfolio that lies on the tangent point between the efficient frontier and the SML, as this is the portfolio that offers the highest expected return for a given level of risk.
In other words, the optimal risky portfolio is the one that lies on the tangent point between the efficient frontier and the SML because it offers the highest expected return for a given level of risk, which is what mean-variance optimizers are looking for.
In conclusion, the optimal risky portfolio plots on the tangent point between the SML and the efficient frontier because this is the portfolio that offers the highest expected return for a given level of risk, which is what mean-variance optimizers are looking for.
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Differentiate between comparative and absolute performance
measurement systems and also discuss any two methods from each of
the systems with the help of suitable examples.
human resource question
Comparative and absolute performance measurement systems are two distinct methods for measuring an individual's job performance.
Comparative performance measurement systems compare an individual's performance to the performance of their peers, while absolute performance measurement systems measure performance against a predetermined standard.
Two methods of comparative performance measurement systems are the peer review and the 360-degree feedback system.
In a peer review system, peers review and rate the performance of their colleagues, providing an objective evaluation of performance. In a 360-degree feedback system, colleagues, supervisors, subordinates, and customers all provide feedback and ratings, creating a comprehensive and holistic performance evaluation.
Two methods of absolute performance measurement systems are the forced-choice method and the absolute rating method.
The forced-choice method requires a supervisor to rank employees on an absolute scale, usually from the highest to the lowest. In the absolute rating method, the supervisor evaluates employees against predetermined standards, such as key performance indicators or predetermined goals.
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