Answers
Answer:
$81,307.55
Explanation:
The minimum annual cash flow required to accept the project is the equal annual cash flow that makes net present value of the project to be at least equal to zero. In other words, it is the equal annual cash flow that equates the initial investment and the summation of the present values (PV) of all the 8-year equal annual cash flow.
This can be estimated as using the formula for calculating the ordinary annuity as follows:
PV = P × [{1 - [1 ÷ (1+r)]^n} ÷ r] …………………………………. (1)
Where;
PV = Present values of equal annual cash flow that is equal to Initial investment = $451,700
P = annual cash flow = ?
r = required return = 8.9% = 0.089
n = number of years = 8
Substitute the values into equation (1) to have:
$451,700 = P × [{1 - [1 ÷ (1 + 0.089)]^8} ÷ 0.089]
$451,700 = P × 5.55544994023063
P = $451,700 / 5.55544994023063
P = $81,307.5457181148
P = $81,307.55 when approximated to two decimal places.
Therefore, the minimum annual cash flow required to accept the project is $81,307.55.
Related Questions
FILL IN THE BLANK. __ allows the use of the creative commons work so long as you give credit to the original author or creator.
Answers
License allows the use of the creative commons work so long as you give credit to the original author or creator.
What is License?
A business needs a license from a government organization in order to operate within certain restrictions. In addition to registration, this license is a state-level need for a business to function. Which licenses are necessary for a firm to function legally is typically determined by business activity and the company's location. The number of employees and the existence of a sole proprietorship or corporation are additional elements that may affect the kind of license. Governmental organizations have the right to penalize or even shut down a company that does not have the necessary business licenses.
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What is the Importance of Public Personnel Management?
Answers
Public personnel management is crucial for the effective functioning of public sector organizations. It encompasses the policies, practices, and processes involved in managing the human resources of government agencies at various levels.
The importance of public personnel management can be understood from several perspectives:
1. Efficient Service Delivery: Public personnel management ensures that government agencies have competent and motivated employees who can efficiently deliver public services. By recruiting, selecting, and retaining the right people for the job, personnel management contributes to enhancing the quality and responsiveness of public services.
2. Merit-Based System: Public personnel management promotes a merit-based system where individuals are hired and promoted based on their qualifications, skills, and performance rather than favoritism or nepotism. This helps to build a professional and competent workforce and fosters public trust and confidence in government institutions.
3. Employee Development: Personnel management plays a crucial role in providing training and development opportunities to public sector employees. Continuous learning and skill enhancement programs enable employees to adapt to changing work requirements, improve their performance, and contribute effectively to organizational goals.
4. Fairness and Equity: Effective personnel management ensures fairness and equity in the treatment of employees. It establishes transparent and standardized processes for recruitment, performance evaluation, promotion, and disciplinary actions, reducing the likelihood of discrimination and promoting a culture of fairness and equality.
5. Workforce Planning: Public personnel management involves strategic workforce planning to anticipate and address future human resource needs. By identifying skills gaps, succession planning, and implementing effective recruitment and retention strategies, it ensures that the organization has the right people with the right skills in the right positions.
6. Employee Engagement and Morale: Public personnel management practices, such as performance recognition, rewards, and employee involvement, contribute to higher levels of employee engagement and morale. Engaged employees are more likely to be motivated, committed, and productive, leading to improved organizational performance.
In conclusion, public personnel management is essential for efficient and effective public service delivery, promoting a merit-based system, developing employees, ensuring fairness and equity, strategic workforce planning, and enhancing employee engagement. By focusing on the management of human resources, public sector organizations can achieve their objectives and serve the needs of the public more effectively.
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Consumer tastes and Preferences:Diets Promote Low Car Craze(low carbohydratefood). What happens to the demand for pasta (a high carb food)?
Answers
Answer
Are there any answer choices
Explanation:
You and 11 coworkers just won $16 million ($ 1,333,333,33 each) from the state lottery. what is the present value of your prize before taxes if you request the 'up-front cash' option?
The present value of your prize before taxes if you request the 'up-front cash' option is $.
Answers
Based on the amount that you won and the return earned by the state lottery, the present value of the "up-front cash" is $715,450.96
What is the present value?Over 17 years, the amount per year is:
= 1,333,333.33 / 7
= $78,431.37
This amount is the same every year so the present value will be that of an annuity.
The present value is:
= Annuity amount x present value interest factor of annuity, 17 years, 8%
= 78,431.37 x 9.122
= $715,451.96
Missing part of question:
Assuming you cach receive your share over 17 years and that the state lottery earns a 8 percent retum on its funds,
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What is the definition of
continuous compounding?
Answers
Answer: Continuous compounding is the mathematical limit that compound interest can reach if it's calculated and reinvested into an account's balance over a theoretically infinite number of periods. While this is not possible in practice, the concept of continuously compounded interest is important in finance.
Explanation:
Keisha Tombert, the bookkeeper for Vaughn Consulting, a political consulting firm, has recently completed a managerial accounting course at her local college. One of the topics covered in the course was the cost of goods manufactured schedule. Keisha wondered if such a schedule could be prepared for her firm. She realized that, as a service-oriented company, it would have no work in process inventory to consider. Listed below are the costs her firm incurred for the month ended August 31, 2020. Supplies used on consulting contracts $1,940 Supplies used in the administrative offices 1,700 Depreciation on equipment used for contract work 910 Depreciation used on administrative office equipment 1,450 Salaries of professionals working on contracts 16,400 Salaries of administrative office personnel 8,690 Janitorial services for professional offices 800 Janitorial services for administrative offices 580 Insurance on contract operations 880 Insurance on administrative operations 930 Utilities for contract operations 2,360 Utilities for administrative offices 1,930 (a) Prepare a schedule of cost of contract services performed (similar to a cost of goods manufactured schedule) for the month.
Answers
Answer:
$23,290.00
Explanation:
Preparation forn a schedule of cost of contract services performed
Supplies used on consulting contracts 1,940.00
Salaries of professionals working on contract 16,400.00
Service Overhead:
Janitorial services for professional offices 800.00
Insurance on contract operations 880.00
Utilities for contract operations 2,360.00
Depreciation on equipment used for contract work 910.00
Total service overhead 4,950.00
(800.00+880.00+2,360.00+910.00)
Cost of Contract Services Provided 23,290.00
(1,940.00+16,400.00+4,950.00)
Administrative expenses:
Supplies used in administrative offices 1,700.00
Depreciation on administrative office equipment 1,450.00
Salaries of administrative office personnel 8,690.00
Janitorial services for administrative offices 580.00
Insurance on administrative operations 930.00
Utilities for administrative offices 1,930.00
TOTAL 15,280
Therefore the schedule of cost of contract services performed will be 23,290.00
Bạn có ý tưởng mở 1 tiệm giải khát nhỏ để kiếm thêm thu nhập. Bạn sẽ làm gì để có thể thu hút được khách hàng và bán được sản phẩm của mình.
Answers
The reason is because human are diverse in nature.
The management of human as part of resources in an organisation requires great effort from the human resources personnel.
Apart from managing human, the labor reward for job performed an by employee must commensurate with the extent of job done. The behavior of an employee changes from time to time and these present a migraine to H.R. personnel because the employee must be conservatively managed by the company to maximize profit.
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Ventura uses a just-in-time (JIT) manufacturing system for all its materials, components, and products. The master budget of the company for June called for use of 11,300 square feet of materials, while the flexible budget for the actual output of the month had 10,300 square feet of materials at a standard cost (SP) of $10.20 per square foot. Company records show that the actual price paid (AP) for the materials used in June was $10.10 per square foot, and that the direct materials purchase-price variance for the month was $1,050. The materials usage (quantity) variance for June, to the nearest dollar, was:
Answers
Hayley recently invested $50,000 in a public utility stock paying a 3 percent annual dividend. (Hayley's marginal income tax rate is 32 percent.) Use Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. Required: If Hayley reinvests the annual dividend she receives net of any taxes owed on the dividend, how much will her investment be worth in four years if the dividends paid are qualified dividends? What will her investment be worth in four years if the dividends are nonqualified?
Answers
If the dividends are unqualified, the investment will be $54,207
Ordinary dividends are classified as qualified and nonqualified. As per tax implications, the difference between qualified and nonqualified dividends is the tax rate at which these dividends are treated. Instead of the favorable rate for qualified, unqualified dividends are taxed at the individual's regular income tax rate. Thus, depending on whether a person got qualified or ordinary dividends, their tax rate will vary regardless of their tax level.
Nonqualified dividends are taxed at the marginal income rate, whereas qualified dividends are taxed at the capital tax rate. Unless one is in the 39.60% tax bracket, capital gains are taxed at 15% unless one is in the 20% tax bracket.
Qualified dividends after-tax return of 2.55% or 3% x (1-.15),
So, 50,000 x (1 + .0255)^4
= $55,298
Qualified dividends = $55,298
Nonqualified dividends after-tax return is 2.04% 3% x (1-.32)
So, 50,000 x (1 + .0204)^4 = $54,207
Nonqualified dividends = $54,207
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QS 23-14 Keep or replace LO P5 Rory Company has a machine with a book value of $79,000 and a remaining five-year useful life. A new machine is available at a cost of $118,500, and Rory can also receive $75,000 for trading in its old machine. The new machine will reduce variable manufacturing costs by $22,000 per year over its five-year useful life. Calculate the incremental income. (Any losses or outflows should be entered with a minus sign.)
Answers
Answer:
Incremental Income = $66,500
Explanation:
Incremental Income from Replacing Machine
Incremental Income from Replacing Machine $110,000
(5 * $22,000)
Add: Salvage value of old machine $75,000
Total Income $185,000
Less: Acquisition Cost of New Machine $118,500
Incremental Income $66,500
The slope of a vertical line is what
Answers
Answer:
y-axis or x-axis?
Explanation:
Which statement best summarizes the role of businesses in the flow of
goods?
O A. Businesses provide natural resources to product markets.
B. Businesses consume goods produced by households.
C. Businesses offer goods and services to consumers.
D. Businesses sell goods that are created in product markets.
Answers
Answer:
the answer is C
Agan Interior Design provides home and office decorating assistance to its customers. In normal operation, an average of 2.9 customers arrive each hour. One design consultant is available to answer customer questions and make product recommendations. The consultant averages 10 minutes with each customer.
A. Compute the operating characteristics of the customer waiting line, assuming Poisson arrivals and exponential service times. If required, round your answers to four decimal places.
Lq =
L =
Wq = hours
W = hours
Pw =
B. Service goals dictate that an arriving customer should not wait for service more than an average of 6 minutes. Is this goal being met? If not, what action do you recommend? Yes or No
C. If the consultant can reduce the average time spent per customer to 8 minutes, what is the mean service rate? If required, round your answer to one decimal place.
------ customer per hour
Will the service goal be met? Yes or No
Answers
A. Operating characteristics:
Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833
B. Service goal: Not met. Action recommended.
C. Mean service rate: 7.5 customers/hour.
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).
A. To compute the operating characteristics of the customer waiting line:
Arrival rate (λ) = 2.9 customers/hour
Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour
Average number of customers in the queue (Lq):
Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017
Average number of customers in the system (L):
L = λ / (μ - λ) ≈ 0.9377
Average waiting time in the queue (Wq):
Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)
Average waiting time in the system (W):
W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)
Probability of a customer waiting in the queue (Pw):
Pw = λ / μ ≈ 0.4833
B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.
Action recommendation: To meet the service goal, I would recommend taking the following actions:
Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.
Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.
Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.
Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.
C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:
Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour
Will the service goal be met? Yes
If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.
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Sunnyside Detailing's cost formula for its materials and supplies is $1,950 per month plus $14 per vehicle. For the month of August, the company planned for activity of 90 vehicles, but the actual level of activity was 55 vehicles. The actual materials and supplies for the month was $2,490. The materials and supplies in the flexible budget for August would be closest to: Multiple Choice $2,490 $3,210 $2,720 $1,855
Answers
Answer:
Flexible budget cost materials and supplies= $2,720
Explanation:
In the flexible budget, we need to multiply the standard quantities by the actual activity.
Standard cost formula:
materials and supplies= 1,950 + 14*x
x= number of vehicles
For 55 vehicles:
Flexible budget cost= 1,950 + 14*55
Flexible budget cost= $2,720
Actors and actresses wear costumes to give people the impression that they are someone else. This makes their performances seem more believable or real. In everyday life, some people wear clothes and artifacts that conceal their true selves. Consider your views on creating false impressions and behaviors which are ethical and which are not. Give some examples.
Answers
Answer:
wearing a suit to a job interview: ethical wearing an expensive suit to impress others not ethical, wearing your best dress suit to a formal banquet ethical wearing a law enforcement uniform to gain respect not ethical, finally wearing a certain type of style clothes to fit in with the desired crowd not ethical hope this helps good luck!
q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Answers
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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Ruskin has a $150,000 cash balance on both its ledger balance and its available bank balance. Of Ruskin receives a check and deposits it in its checking account, funds are not made available on this particular check for 2 days. What is the float amount?
Answers
If Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
What is the float amount?The float amount is the amount that a customer's account reads in the bank at a particular point in time.
The float amount is usually briefly counted twice due to time gaps in registering a deposit and processing the paper checks.
Thus, if Ruskin receives a check and deposits it in its checking account, the float amount is $300,000.
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The price elasticity of supply is0.9 , and price increases by10 percent. As a result, the quantity supplied will increase by
enter your response here percent. (Enter your response as a real number rounded to one decimal place, and do not use a percentage sign.)
Answers
When price increases by 10 percent, the quantity supplied increases by nine percent.
What is the percentage increase in the quantity supplied?Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good. Price and quantity supplied have a positive relationship.
If the value of the price elasticity of supply is less than one, it means that supply in inelastic. Supply is inelastic if a small change in price has little or no effect on quantity supplied.
Price elasticity of supply = percentage change in quantity supplied / percentage change in price
percentage change in quantity supplied = percentage change in price X price elasticity of supply
0.9 x 10 = 9%
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BRAINLIEST ANSWER+50 POINTS
Plz do all
Russ and Sandy are a young 30 something couple who have accumulated a lot of assets in a short amount of time. At
the same time, they also have some debt. Let's take a look:
Assets
Liabilities
Home valued at $478,000
1. What is the value of their large assets?
2. What is the value of their liquid assets?
3. There are 50,000 outstanding shares of litmus. What is their ownership percentage of Litmus? (Hint; Use the percent of ownership formula)
4. What is the value of their personal possessions
5. What is the total value of their assets?
6.What is the value of their major liabilities?
7. What is the value of their minor (personal) liabilities?
8. What is their total liability?
9. What is their total net worth?
10. List Russ and Sandy’s liquid assets.
Answers
2. 286K
3. 28%
4. 79
5.478K
6. 500K
7. 30K
8.530K
9. 600K
10. 1M
Answer:
1. 511000
2. 221844
3. 2 percent
4.26150
5. 758994
6.250150
7. 11185
8. 261335
9. 758994
10. Litmus stock(18,000) checking account(15,250) Savings account(188,594)
Explanation:
MotoSport is buying an asset that costs $730,000 and can be depreciated at 20 percent per year (Class 8) over its eight-year life. The asset is to be used in a three-year project; at the end of the project, the asset can be sold for $740,200. The company faces a tax rate of 26%. The sale of this asset will close the asset class. what is tax on CCA recapture
Answers
The tax on the CCA recapture is $306,332.
To calculate the tax on the Capital Cost Allowance (CCA) recapture, we need to determine the CCA claimed over the years and calculate the recaptured amount. The recaptured amount is the difference between the proceeds from the sale of the asset and the undepreciated capital cost (UCC) at the time of sale.
Given that the asset costs $730,000 and has a depreciation rate of 20% per year (Class 8) over eight years, we can calculate the CCA claimed each year:
Year 1: $730,000 * 20% = $146,000
Year 2: $730,000 * 20% = $146,000
Year 3: $730,000 * 20% = $146,000
Year 4: $730,000 * 20% = $146,000
Year 5: $730,000 * 20% = $146,000
Year 6: $730,000 * 20% = $146,000
Year 7: $730,000 * 20% = $146,000
Year 8: $730,000 * 20% = $146,000
The total CCA claimed over the eight years is $1,168,000.
At the end of the project, the asset can be sold for $740,200. The UCC at the time of sale is the original cost of the asset minus the CCA claimed:
UCC = $730,000 - $1,168,000 = -$438,000
Since the UCC is negative, there is a recapture of CCA. The recapture amount is the proceeds from the sale minus the UCC:
Recapture Amount = $740,200 - (-$438,000) = $1,178,200
Now, we can calculate the tax on the CCA recapture by multiplying the recapture amount by the tax rate:
Tax on CCA Recapture = $1,178,200 * 26% = $306,332
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Redi- Cor is trying to compile information about transactions between customers. Which of the following is not a reason Redi- Cor would rate a transaction as valuable?
A. The transaction makes a seller prestigious among the competition.
B. The transaction allows a seller to take pride in its product.
C. The transaction allows a customer to pay the cheapest price for the product.
D. The transaction motivates or educates the public.
Answers
The transaction allows a seller to take pride in its product is not a reason Redi- Cor would rate a transaction as valuable. As Redi- Cor is trying to compile information about transactions between customers.
What is transaction?Transaction are-
Something which is exchanged or transferred electronically, such as items, services, or monies. Transaction, a frequently published document of a club or association's meeting. A transactional act, process, or instance.Thus, The transaction allows a seller to take pride in its product
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Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.
Required:
Compute the company’s residual income for the year.
Answers
Answer: 165,000
Explanation:
To compute the company’s residual income for the year, we can use the formula:
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Given: Net Operating Income = $420,000 sales = $1,500,000
Average Operating Assets = $1,700,000
Minimum Required Rate of Return = 15% = 0.15
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Residual Income = $420,000 – (0.15 x $1,700,000)
Residual Income = $420,000 – $255,000
Residual Income = $165,000
Therefore, the company’s residual income for the year was $165,000.
Define the term product mix and describe at least two strategies that companies may use to manage their product mix.
Describe the stages of the product life cycle.
Describe the purpose and common uses of a SWOT analysis.
Explain the goal of product planning and typical product planning activities. What impact do operation needs, such as size of staff, distribution, etc. have on making decisions about products and services?
Explain the four components of a product’s utility.
FIVE SHORTS ANSWERS PLEASE.
Answers
1) Product mix refers to the set of all products or product lines that a company offers for sale. This includes variations in product size, style, color, and other features. Companies may use various strategies to manage their product mix, including product line extension and product line contraction. Product line extension involves adding new variations or products to an existing product line, while product line contraction involves eliminating products or variations that are no longer profitable or aligned with company goals.
2) The goal of product planning is to ensure that a company's products meet customer needs and are profitable. Typical product planning activities include identifying customer needs and trends, researching and developing new products, determining pricing and promotional strategies, and evaluating product performance. Operation needs, such as the size of staff and distribution capabilities, can impact decisions about which products and services a company offers. For example, a company with limited distribution capabilities may choose to focus on a smaller product mix that can be efficiently distributed to customers. Similarly, a company with a small staff may choose to focus on a narrower product mix that can be effectively managed with limited resources.
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One of the skills that most leads to success in the workplace is:
A. keeping your thoughts to yourself.
B. ignoring unimportant regulations.
C. working well as part of a team.
D. choosing to work at any time you want.
Answers
There are different kinds of skills. One of the skills that most leads to success in the workplace is working well as part of a team.
It is very essential to note that when one work with others in a work place, it is good to depends on others sometimes and this can bee done through interaction.
Positive interactions in the workplace often increase good feelings, increase morale and boast work satisfaction. Success in the workplace is not based on intelligent you are or your qualifications.
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WHAT FUNCTION DO YOU USE WHEN PREPARING TAXES IN QUICKBOOKS
Answers
Answer:
Feature highlights
Trial Balance activity timeline: a filterable timeline that displays client and Accountant activities impacting balances.
Make adjustments in Trial Balance: one-click access to transaction details.
Promotion is defined as a business activity that does not encourage the sale of a product or service.
True
False
Answers
Answer:
False
Explanation:
Promotion is promoting a product or service so that someone can buy it.
adam company's operating expenses (excluding depreciation expense) were $80,000 and its balance in prepaid insurance decreased by $5,000. cash paid for operating expenses was:
Answers
If adam company's operating expenses (excluding depreciation expense) were $80,000 and its balance in prepaid insurance decreased by $5,000. cash paid for operating expenses was: $75,000.
How to find the cash paid for operating expenses?Using this formula to determine the cash paid for operating expenses
Cash paid for operating expenses = Operating expenses- Decrease in balance in prepaid insurance
Where:
Operating expenses = $80,000
Decrease in balance in prepaid insurance = $5,000
Let plug in the formula
Cash paid for operating expenses = $80,000 - $5,000
Cash paid for operating expenses = $75,000
Therefore Cash paid for operating expenses is $75,000.
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1. A manager re-designs the compensation plan for his/her department.
Planning
Organizing
Staffing
Implementing
Controlling
Answers
When a manager re-designs the compensation plan for his/her department, then he is performing the Implementing function of management.
The Organization management refers to various functions performed by manager to ensure his/her employees will continue to work towards a common predefined goal.
The functions of organization management includes planning, organizing, staffing, leading, implementing and controlling.
So when the manager re-designs the compensation plan for his/her department, then he is performing the Implementing function of management.
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Darren and Ike run a custom bicycle shop. This week, they launched a series of free bicycle repair clinics to raise awareness about their business. Which term BEST describes their activity?
Answers
Answer:Maybe they are trying to get people to notice them and come into their shop
Explanation:
Answer:
public relations
Explanation:
Question 8
The economic theory of scarcity states that because resources are limited, people have to do which of the following?
А
make choices
B
borrow money
С
share with others
D
pay taxes
Answers
Answer:
A
Explanation:
people have to make choice due to limited (opportunity cost)
The economic theory of scarcity states that because resources are limited, people have to make choice. Option (a) is correct.
What do you mean by Scarcity?One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.
An economic theory that describes the price link between dynamic supply and demand is the scarcity principle. The scarcity principle states that when an item has a low supply and a high demand, its price rises to accommodate the anticipated demand.
Economic scarcity is primarily caused by structural, supply- and demand-induced factors. Demand-induced refers to situations where demand increases despite a stable supply.
Therefore, Option (a) is correct. The economic theory of scarcity states that because resources are limited, people have to make choice.
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