The term "Cash Basis of Accounting" refers to the practise of only recording revenues when cash is received and costs when cash is paid.
The "cash basis" method of accounting, which is often used, defines revenues and expenses as they are incurred. Contrarily, accrual accounting records expenses as they occur, regardless of when money is received or paid, and recognises income as a liability is created.When is it appropriate to use cash basis accounting?Cash-basis accounting is an easy accounting method designed for small business owners. If your firm is small, you may choose to keep your books utilising the cash-basis method. You must record every transaction using the cash-basis method as soon as money is exchanged.To Learn more about Cash basis of accounting, Click the links.
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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.
explain why professional skepticism is important in making professional judgments. what are the types of actions that a profession- ally skeptical auditor will take?
According to “The glossary of terms contained within the IAASB’s Handbook of International internal control, Auditing, Review, Other Assurance, and Related Services Pronouncements “professional skepticism is-“An attitude that features a questioning mind, being tuned in to conditions which can indicate possible misstatement thanks to error or fraud, and a critical assessment of evidence.”
The main objective of Professional skepticism is to enhance the auditor’s capability to recognize risks of fabric misstatement and to retort to the risks identified. Professional skepticism is associated with fundamental ethical considerations of auditor objectivity and independence. Additionally, it is associated with the appliance of professional judgment by the auditor.
To use professional skepticism, various actions that a profession- Ally skeptical auditor will take at various stages from client acceptance and at various points during the audit process ,are assessing engagement acceptance , performing risk assessment ,obtaining audit evidence ,evaluating evidence .
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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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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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suppose the manufacturing labor market, which is nonunionized, is in equilibrium at a wage equal to $25. suppose now that the afl-cio (a labor organization) organizes the workers in the manufacturing market and negotiates a wage of $30 per hour. because of the union,
The organizes the workers in the manufacturing market and negotiates a wage of $30 per hour because of the union, which is b. 20 people who were once employed are now unemployed.
Functions related to production operations can also include the design and development of production lines, purchasing raw materials and additives, choice of raw fabric providers and subcontractors, product design, studies and development, manufacturing making plans, production of products, first-class control, and packaging.
Manufacturing has traditionally performed a key role in the economic growth of developing nations. It's been argued in latest years that the significance of manufacturing has dwindled over the last 20-25 years, ensuing in premature deindustrialization or non-industrialization in growing nations.
The production uses tangible raw substances to create items, such as lumber or minerals. Manufacturing, but, uses both tangible uncooked materials and intangible sources, such as cash or credit. Producers and manufacturing organizations also fluctuate in how they purchase their resources.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: Suppose the manufacturing labor market, which is non-unionized, is in equilibrium at a wage equal to $30. Suppose now that the AFL-CIO (a labor organization) organizes the workers in the manufacturing market and negotiates a wage of $38 per hour. Because of the union,
a. 10 people who were once employed are now unemployed.
b. 20 people who were once employed are now unemployed.
c. 40 people who were once employed are now unemployed.
d. 20 people who were once unemployed are now employed.
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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.
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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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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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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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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miguel owns a bicycle-based courier service named speed2u. the brand's focus is on fast delivery within 15 minutes from anywhere in the city or delivery is free, which is unique to his company. a customer asks one of his bicycle couriers why she should choose speed2u over the other companies in the city. the employee responds that all of the courier services are the same. where did miguel fail in developing his brand? question 9 options: his brand doesn't focus on what the customer wants. he didn't include his employees in conveying his brand. the brand doesn't differentiate his company from others in the city. his brand name doesn't convey speedy delivery.
Miguel did not succeed in building his brand.
Because Speed2U, a company owned by Miguel, has an advantage in this situation, they will send the courier for free. But when one of his clients asked him why they should pick Speed2U over other businesses, he omitted to clarify this. Miguel was unable to effectively set his brand apart from competing products on the market. He had the opportunity to gain an advantage over rival businesses at this point, but he was unable to seize it.
What is brand?
A commercial and marketing idea known as a "brand" aids consumers in recognizing a specific organization, item, or person. Because brands are immaterial, you cannot physically touch or see them. As a result, they influence how people view businesses, their goods, or particular persons. Identifying markers are frequently used by brands to build their identities in the marketplace. They give the business or person a significant competitive advantage over rivals in the same industry. In order to protect their brands legally, numerous organizations register trademarks.
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find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 3.30%. (round your answers to 2 decimal places.)
If the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 3.30% are:3.67%, 4.13%, 4.71%.
Equivalent taxable yieldUsing this formula
Equivalent taxable yield (r) = r/1-t
Let plug in the formula
a. r = 0.033/1 - 0
r= 0.033×100
r= 3.3%
b. r =0.033/1 - 0.10
r=0.033/0.9
r= 0.0367 ×100
r= 3.67%
c. r =0.033/1-0.20
r=0.033/0.8
r= 0.0413×100
r=4.13%
d. r = 0.033/1-0.30
r=0.033/0.7
r= 0.0471 ×100
r=4.71%
Therefore if the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 3.30% are:3.67%, 4.13%, 4.71%.
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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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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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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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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.
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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the research strategy that originated to study small-scale, relatively isolated societies with simple technologies and economies in order to understand the whole of a particular culture is known as
The research strategy that originated to study small-scale, relatively isolated societies with simple technologies and economies in order to understand the whole of a particular culture is known as Ethnography.
Society is defined because the aggregate of humans dwelling together in an extra or less ordered community; an enterprise or club formed for a selected cause or hobby.
The main varieties of societies historically had been searching-and-accumulating, horticultural, pastoral, agricultural, industrial, and postindustrial. As societies developed and grew larger, they have become extra unequal in terms of gender and wealth and additionally more aggressive or even warlike with other societies.
Examples of societies encompass agrarian societies, hunting and amassing societies, and commercial societies. Agrarian societies are fashioned via folks that produce and preserve agricultural merchandise. An agrarian society can also be depicted by way of how rustic prospers in agricultural manufacturing.
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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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is a bi tool used to explore large amounts of data for hidden patterns to predict future trends and behaviors for use in decision making.
Data mining is a bi tool used to explore large amounts of data for hidden patterns to predict future trends and behaviors for use in decision making.
Data mining is the technique of sorting through big information units to pick out patterns and relationships that can help clear up enterprise problems thru information evaluation. Data mining strategies and equipment enable organizations to expect destiny tendencies and make more-informed enterprise choices.
Where is data mining used?
Data mining is used in diverse fields like research, commercial enterprise, advertising, income, product improvement, training, and healthcare.
What is data mining gear?
Data mining gear are software programs that help in framing and executing statistics mining techniques to create information fashions and check them as nicely. It is also a framework like R studio or Tableau with a set of programs to assist build and take a look at a statistics model.
What are advantages of data mining?
It enables companies make informed selections. It enables locate credit score risks and fraud. It facilitates facts scientists easily analyze giant amounts of records fast. Information scientists can use the information to stumble on fraud, build danger models, and enhance product safety.
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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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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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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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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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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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chapter 2 lists four ways you can help protect your client's or your employer's trademark. one is to use the trademark symbol. which one of the following methods is also listed in the chapter?
The another methods listed in the chapter is to Distinguish trademarks from other material, perhaps by setting the trademark in a different typeface or by using boldface type for emphasis.
A trademark is known as distinctive phrase, word, emblem, or symbol that identifies a particular product and legally differentiates it from all other products of its sort. A trademark acknowledges the company's ownership of the brand and solely defines a product as being its own.
To determine the appropriate protection for a product, it is crucial to differentiate between several trademark kinds. Failure to do so could lead to lawsuits as well as cancellation of your trademark registration, both of which would result significant financial loss.
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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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porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in a(n)
Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
What is Profit?This refers to the gain that is made in business after the selling price has been determined and removed from the cost price and expenses.
Hence, we can see that Porter’s five forces model analyzes the competitive forces within the environment in which a company operates to assess the potential for profitability in an industry.
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what is the total project budget for design in this time-phased budget? activity july august september october november rfp 34,721 analysis 11,049 33,655 34,388 design 33,718 34,474 26,759 36,328 coding 7,713 34,905 40,244 testing 40,916 896 training 20,958
Cumulative project budget for September
= total cost of September month
= $ 96,052.
Cumulative project budget upto September
= 34,721+11, 049+33, 718+33, 655+34, 474+7, 713+34, 388+26, 759+34, 905
=$251, 382.
Step-by-step explanation
The cumulative project for September in this time-phased budget is:
Sum of July budget + Sum of August budget + sum of September budget
Sum of July budget = 34721 + 11049 +33718 Sum of July budget = $79,488
Sum of August budget = 33655 + 34474+7713
Sum of August budget = $75842
Sum of September budget = 34388 +26759+ 34905
Sum of September budget = $96052
Cumulative project budget for September = 79,488 +75832 + 96052
Cumulative project budget for September = $251382
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charles lackey operates a bakery in idaho falls, idaho. because of its excellent product and excellent location, demand has increased by % in the last year. on far too many occasions, customers have not been able to purchase the bread of their choice. because of the size of the store, no new ovens can be added. at a staff meeting, one employee suggested ways to load the ovens differently so that more loaves of bread can be baked at one time. this new process will require that the ovens be loaded by hand, requiring additional manpower. this is the only production change that will be made in order to meet the increased demand. the bakery currently makes loaves per month. employees are paid $ per hour. in addition to the labor cost, charles also has a constant utility cost per month of $ and a per loaf ingredient cost of $. part 2 current multifactor productivity for 640 work hours per month
The current multifactor productivity for 640 work hours per month is 0.27 loaves per dollar.
How to calculate productivity?From the information given, the bakery currently makes 1800 loaves per month, and each employee is paid $8 per hour. in addition to the labor cost, Charles also has a constant utility cost per month of $800 and a per loaf ingredient cost of $0.40.
Production per unit of combined inputs is referred to as multifactor productivity (MFP). The usual combination of inputs is labor and capital, but it is also possible to include energy, supplies, and services. Changes in MFP reflect output changes that can't be accounted for by input changes.
The information above is needed to calculate the amount. This will be:
Output = 1800
Utility cost = $800
Ingredients = 0.40 × 1800 = $720
Total cost = 5120 + 800 + 720 = 6640
Multifactor productivity = Output / Cost
= 1800/6640
= 0.27 loaves per dollar.
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