Assuming offered a lease for a car with $227 monthly payments for 36 months after a $2,540 up front (down) payment. The net advantage to leasing is $558.93.
To calculate the net advantage to leasing, we need to compare the total costs of leasing and buying the car over the 36-month period, including any additional costs such as excess mileage charges.
Lease:
Monthly payments = $227
Upfront payment (down payment) = $2,540
Total lease payments over 36 months = $227 x 36 = $8,172
Excess mileage charge = ($0.15 x 2,319) = $347.85
Total cost of leasing = Upfront payment + Total lease payments + Excess mileage charge
Total cost of leasing = $2,540 + $8,172 + $347.85
Total cost of leasing = $11,059.85
Buy:
Purchase price of the car = $31,000
Down payment = $3,200
Loan amount = $31,000 - $3,200 = $27,800
Monthly payments = 27,800 × (0.0249/12) / (1 - (1 + 0.0249/12)^-60) = $501.47
Total payments over 36 months = $501.47 x 36 = $18,050.92
Resale value of the car after 36 months = $22,750
Total cost of buying = Down payment + Total payments - Resale value of the car
Total cost of buying = $3,200 + $18,050.92 - $22,750
Total cost of buying = $10,500.92
The net advantage to leasing is the difference between the total cost of leasing and the total cost of buying:
Net advantage to leasing = Total cost of leasing - Total cost of buying
Net advantage to leasing = $11,059.85 - $10,500.92
Net advantage to leasing = $558.93
Therefore, the net advantage to leasing the car is $558.93.
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$1.25 (d0). the dividend growth rate is expected to be constant at 15.0% for 3 years, after which dividends are expected to grow at a rate of 6% forever. if the firm's required return (rs) is 11%, what is its price one year from today? group of answer choices 33.06
The expected price of the stock one year from today (P1) is $33.03.
Based on the information provided, the dividend growth rate is expected to be 15% for the first 3 years, after which dividends are expected to grow at a rate of 6% forever.
The last dividend (D0) is $1.25, and the required return (rs) is 11%.
To calculate the price of the stock one year from today (P1), we can use the dividend discount model (DDM) formula, which is:
P1 = (D1 * (1 + g)) / (rs - g)
where:
D1 = the dividend at the end of year 1
g = the dividend growth rate
rs = the required return
First, we need to calculate the dividend at the end of year 1 (D1), which is expected to grow at a constant rate of 15%:
D1 = D0 * (1 + g) = $1.25 * (1 + 0.15) = $1.4375
Next, we can plug in the values for D1, g, and rs into the DDM formula to calculate P1:
D1 = $1.4375
g = 6%
rs = 11%
P1 = (D1 * (1 + g)) / (rs - g) = ($1.4375 * (1 + 0.06)) / (0.11 - 0.06) = $1.6516 / 0.05 = $33.03 (rounded to two decimal places)
So, the expected price of the stock one year from today (P1) is $33.03.
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if a loan has a prepayment penalty, there will be an additional cost to repay the loan early: group of answer choices if the loan is repaid before the first payment is due. if the lender wants to recover part of the full interest that would have been earned. if the borrower has defaulted on any monthly payment. if the loan is not repaid before the loan maturity date. if the loan is prepaid 3 months before the loan maturity.
If a loan has a prepayment penalty, there will be an additional cost to repay the loan early, specifically if the borrower wants to repay the loan before the loan maturity date. So, correct option is D.
A prepayment penalty is a fee charged by the lender if the borrower repays the loan before the agreed-upon term. The prepayment penalty is a way for the lender to recover some of the interest that would have been earned if the loan had been held to maturity.
This fee is typically a percentage of the outstanding loan balance and can be a significant cost for borrowers who wish to repay the loan early.
Option A is incorrect because there would not be any payment due before the first payment is due. Option B is partly correct, but it is not limited to the full interest that would have been earned. Option C is also incorrect because a prepayment penalty is different from a penalty for defaulting on a monthly payment.
Option E is also incorrect because the timing of the prepayment penalty varies depending on the terms of the loan agreement.
So, correct option is D.
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This week we are focused on charismatic and transformational leadership and leading ethically in a diverse culture. Transformational leaders focus on reproducing core values in followers and creating a unified movement within an organization through inspirational vision, commitment to developing followers, and relational community (Bass & Steidlmeier, 1999), using the 4 I's:
Idealized Influence: Transformational leaders serve as a role model for followers and is admired for this
Inspirational Motivation: Transformational leaders have the ability to motivate and inspire followers
Individualized Consideration: Transformational leaders demonstrate genuine concern for the needs and feelings of followers which bring out the best in each individual
Intellectual Stimulation: Transformational leaders challenge followers to be innovative and creative
Reflect on someone who you feel is a transformational leader, who also is well-known in your country/culture. Consider the following four questions:
- How does this person serve as a role model?
- How do they inspire a team with a shared vision?
- How do they demonstrate genuine concern for others?
- How do they challenge others to be innovative and creative?
A transformational leader who is well-known in my country and embodies the 4 I's of Idealized Influence, Inspirational Motivation, Individualized Consideration, and Intellectual Stimulation is Nelson Mandela.
Nelson Mandela is an excellent example of transformational leader. Transformational leaders focus on reproducing core values in followers and creating a unified movement within an organization through inspirational vision, commitment to developing followers, and relational community using the 4 I's i.e., Idealized Influence, Inspirational Motivation, Individualized Consideration, and Intellectual Stimulation.
Nelson Mandela serves as a role model through his resilience, humility, and commitment to social justice. Despite spending 27 years in prison, he emerged as a symbol of hope and reconciliation, and his unwavering dedication to equality has inspired countless individuals worldwide.
Mandela inspired a team with a shared vision by uniting people from diverse backgrounds under the common goal of creating a democratic and just society. He emphasized the importance of inclusivity, dialogue, and forgiveness in overcoming the deep-seated divisions in South Africa.
Mandela demonstrated genuine concern for others by actively listening to their needs, engaging in open communication, and promoting social upliftment through various initiatives, such as education and healthcare programs. His empathetic nature and ability to connect with people from all walks of life showed his deep commitment to the well-being of others.
Lastly, Mandela challenged others to be innovative and creative by encouraging them to think critically and find solutions to complex societal problems. He believed that a successful and prosperous nation could only be built through the collective efforts of its people, fostering an environment of collaboration and problem-solving.
In summary, Nelson Mandela exemplifies a transformational leader through his idealized influence as a role model, inspirational motivation in promoting a shared vision, individualized consideration for others' needs and feelings, and intellectual stimulation by challenging people to be creative and innovative in addressing social issues.
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As a role model, Oprah has achieved great success through hard work and dedication to her craft. Oprah has inspired countless people with her vision of empowering individuals to live their best lives.
As a role model, Oprah has achieved great success through hard work and dedication to her craft. She has built a media empire and is highly respected for her integrity and authenticity. She has consistently demonstrated her commitment to social justice and equality, which has made her a beacon of hope for many.
Oprah has inspired countless people with her vision of empowering individuals to live their best lives. She has created a sense of community and connection through her work, bringing together people from all walks of life.
Oprah is known for her genuine concern for others. She has used her platform to promote important causes and to help individuals who are in need. She has been a champion for those who have been marginalized and has worked to create opportunities for those who have been overlooked. Her commitment to giving back has inspired others to do the same.
Finally, Oprah challenges others to be innovative and creative. She has consistently pushed the boundaries of what is possible and has encouraged others to do the same. She has fostered a culture of innovation and creativity within her organization, which has allowed her team to produce groundbreaking work that has had a significant impact on the world.
In summary, Oprah Winfrey is a transformational leader who serves as a role model, inspires a team with a shared vision, demonstrates genuine concern for others, and challenges others to be innovative and creative. She is a true inspiration and a shining example of what can be achieved through transformational leadership.
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there was a widespread belief that commercial banks would never lend reserves to other banks at negative nominal interest rates because they have the alternative of instead. multiple choice question. holding cash buying corporate stocks and bonds being bailed out by the government lending reserves to the federal reserve
The correct answer is: holding cash. Commercial banks hold reserves with the central bank, which are typically in the form of deposits.
These reserves are used to settle transactions among banks and to meet regulatory requirements. In normal circumstances, banks may choose to lend their excess reserves to other banks in the interbank market to earn interest on those reserves. However, if the nominal interest rate on interbank lending is negative, it means that the lending bank would effectively be paying the borrowing bank to take its reserves, resulting in a loss for the lending bank.
As an alternative, commercial banks can choose to hold excess reserves as cash instead of lending them to other banks at negative nominal interest rates. Holding cash allows them to avoid the risk of incurring losses by lending at negative interest rates. While holding cash may not generate any interest income, it preserves the value of the reserves without incurring any additional risks.
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Sarah has a credit card balance of $9,450 with an apr of 17%. with her current budgeted payment, sarah will be able to pay off this debt in 36 months. but sarah’s best friend just invited her to spend two months in europe with her in 9 months. wanting to have her credit card balance paid off before she goes to europe, sarah decides to take on a second job. what additional monthly income will sarah need in order to pay off her credit card in 9 months? a. $336.92 b. $467.23 c. $788.85 d. $1125.77 please select the best answer from the choices provided a b c d
Answer:
C
Explanation:
I think it's c but it dont have like what it's for I dot know if u feel me but Yeah is it C
On November 2, 2018, a U. S. -based company with the $US as its functional currency entered into a 90-day futures contract to purchase 90,000 Swiss francs when the contract quote was $1. 10. The purchase was for speculation in price movement. The following exchange rates existed during the contract period: 30 Day FuturesSpot Rate November 2, 2018$1. 04$1. 05 December 31, 2018$1. 06$1. 08 January 31, 2019$1. 07$1. 09 What amount should the U. S. -based company report as foreign currency exchange loss in its income statement for the year ended December 31, 2018
Answer: $3,000
Explanation: The US-based company should report a foreign currency exchange loss of $3,000 on its income statement for the year ended December 31, 2018.
Here's how to calculate it:
- The company entered into a 90-day futures contract to purchase 90,000 Swiss Francs on November 2, 2018, when the contract quote was $1.10.
- The company was speculating on the price movement of the Swiss Franc.
- There were three exchange rates that existed during the contract:
- 30-day future spot rate on November 2, 2018, was $0.041
- 60-day future spot rate on December 2, 2018, was $0.051
- 90-day future spot rate on January 31, 2019, was $0.071
- The company's contract expired on January 31, 2019, which means that it had to purchase the Swiss Francs at the prevailing spot rate on that day.
- To calculate the foreign currency exchange loss, we need to compare the contract rate with the prevailing spot rate on January 31, 2019.
- The contract rate was $1.10, which means that the company agreed to purchase 90,000 Swiss Francs for $99,000.
- The prevailing spot rate on January 31, 2019, was $0.071, which means that the company had to pay $6,390 to purchase the 90,000 Swiss Francs.
- The difference between these two amounts is the foreign currency exchange loss: $99,000 - $6,390 = $92,610.
- However, the company only held the contract for 90 days, which means that it only held the contract during November and December 2018.
- To calculate the foreign currency exchange loss for the year ended December 31, 2018, we need to calculate the difference between the contract rate and the spot rate on December 2, 2018, which is $1.10 - $0.051 = $1.049.
- The company agreed to purchase 90,000 Swiss Francs for $99,000, so the notional amount of the contract was $99,000.
- The foreign currency exchange loss for the year ended December 31, 2018, is the notional amount of the contract times the difference between the contract rate and the spot rate on December 2, 2018
data preparation, the third step in the crisp-dm data mining process, is more commonly known as .
Data preparation, is the third step in the CRISP-DM data mining process, is more commonly called as data preprocessing.
Data preprocessing is the process of preparing and cleaning raw data before it is analyzed or used for machine learning models. The goal of data preprocessing is to transform the raw data into a clean and structured format that can be easily analyzed and used by algorithms.
These steps may include data cleaning, data integration, data transformation, and data reduction. Data preprocessing is a critical step in the data mining process because the quality of the data used for analysis can significantly impact the accuracy and validity of the results obtained from the data mining process.
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Ghost, Inc. , has no debt outstanding and a total market value of $450,000. Earnings before interest and taxes, EBIT, are projected to be $57,000 if economic conditions are normal. If there is strong expansion in the economy, then EBIT will be 16 percent higher. If there is a recession, then EBIT will be 24 percent lower. The company is considering a $215,000 debt issue with an interest rate of 8 percent. The proceeds will be used to repurchase shares of stock. There are currently 9,000 shares outstanding. The company has a tax rate of 25 percent, a market-to-book ratio of 1. 0, and the stock price remains constant.
Required:
a. Calculate return on equity (ROE) under each of the three economic scenarios before any debt is issued.
b. Calculate the percentage changes in ROE when the economy expands or enters a recession.
c. Assume the firm goes through with the proposed recapitalization. Calculate the return on equity (ROE) under each of the three economic scenarios.
d. Assume the firm goes through with the proposed recapitalization. Calculate the percentage changes in ROE when the economy expands or enters a recession.
a. The return on equity (ROE) under each of the three economic scenarios before any debt is issued is is 9.5%
b. The percentage changes in ROE when the economy expands or enters a recession is 11%.
c. The return on equity (ROE) under each of the three economic scenarios is 7.2%.
d. The percentage changes in ROE when the economy expands or enters a recession as 40.4% to 35.4%.
First, let's calculate the ROE under each of the three economic scenarios before any debt is issued. When economic conditions are normal, EBIT is projected to be $57,000. Since there is no debt outstanding, the net income before taxes will be equal to EBIT.
Since the market-to-book ratio is 1.0, we can assume that the book value of equity is equal to the market value of equity, which is $450,000. Thus, ROE under normal economic conditions will be
=> 9.5% ($42,750 / $450,000).
When there is strong expansion in the economy, EBIT will be 16% higher than under normal economic conditions. So, EBIT will be $66,120 ($57,000 * 1.16). Using the same process as before, net income after taxes will be
=> $49,590 ($66,120 * 0.75)
and ROE will be
=> 11% ($49,590 / $450,000).
When there is a recession, EBIT will be 24% lower than under normal economic conditions. So, EBIT will be $43,320 ($57,000 * 0.76). Using the same process as before, net income after taxes will be
=> $32,490 ($43,320 * 0.75)
and ROE will be
=> 7.2% ($32,490 / $450,000).
Under normal economic conditions, the interest expense on the new debt will be $17,200 ($215,000 * 0.08). This will reduce net income before taxes to $39,800 ($57,000 - $17,200).
After taxes, net income will be
=> $29,850 ($39,800 * 0.75).
Since the company is using the proceeds from the debt issue to repurchase shares, the new equity value will be
=> $235,000 ($450,000 - $215,000).
Thus, ROE will be
=> 12.7% ($29,850 / $235,000).
Finally, let's calculate the percentage changes in ROE when the economy expands or enters a recession after the proposed recapitalization.
When the economy expands, ROE will increase by 40.4% [(17.8% - 12.7%) / 12.7%].
When the economy enters a recession, ROE will decrease by 35.4% [(8.3% - 12.7%) / 12.7%].
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A cocktail costs $1. 06 per portion. If the beverage cost percent for the bar is 22%, what is the selling price for the drink?
The selling price for the cocktail should be $1.36. This takes into account the cost of the ingredients, as well as the overhead expenses and profit margin of the bar.
To calculate the selling price for a drink, we need to take into account the cost of the ingredients, as well as the overhead expenses and the profit margin that the bar aims to make. Let's break down the problem step by step. First, we know that the cost of a portion of the cocktail is $1.06. This means that the cost of the ingredients, including any garnishes or mixers, is $1.06 per drink.
Next, we need to calculate the beverage cost percentage for the bar. This is the percentage of the selling price that goes towards the cost of the drink itself. In this case, the beverage cost percentage is 22%, which means that 22 cents out of every dollar earned from selling the drink will go toward the cost of the ingredients.
To determine the selling price, we need to use the following formula:
selling price = cost of drink / (1 - beverage cost percentage)
Plugging in the numbers we have, we get:
selling price = $1.06 / (1 - 0.22)
selling price = $1.06 / 0.78
selling price = $1.36
It's important for bars to carefully calculate their beverage cost percentages and selling prices to ensure that they are making a profit while still offering competitive prices to customers.
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2. As the price for tomatoes increases, what occurs with Steve’s Farm willingness to supply them?
4. As the price for tomatoes decreases, what will occur with Steve’s Farm willingness to supply tomatoes?
5. If prices for tomatoes fall to $2 a basket, what will Steve’s Farm most likely decide to do?
6. When Steve’s Farm decides to increase supply because of a major price increase, how might the farm increase its production?
2. As the price for tomatoes increases, Steve's Farm's willingness to supply them also increases. This is because the higher price means that the farm will earn more revenue and profit from selling tomatoes, which provides an incentive to increase production and supply.
4. Conversely, as the price for tomatoes decreases, Steve's Farm's willingness to supply them also decreases. This is because the lower price means that the farm will earn less revenue and profit from selling tomatoes, which provides a disincentive to increase production and supply.
5. If prices for tomatoes fall to $2 a basket, Steve's Farm may decide to decrease its production and supply of tomatoes, or even stop producing them altogether. This is because the low price may not be enough to cover the cost of producing and selling the tomatoes, and it may not be financially feasible for the farm to continue producing them.
6. When Steve's Farm decides to increase supply because of a major price increase, the farm may increase its production by planting more tomato crops, investing in new equipment or technology to increase efficiency and productivity, hiring additional workers to help with harvesting and processing, or expanding its land or facilities to accommodate the increased production.
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Unit contribution margin divided by the constrained resource per unit is the formula for computing:
a. The optimal number of units that should be manufactured.
b. Degree of operating leverage.
c. Contribution margin per unit of constrained resource.
d. Sales mix
Unit contribution margin divided by the constrained resource per unit, which is used for computing the contribution margin per unit of constrained resource. The correct option is c.
The formula "Unit contribution margin divided by the constrained resource per unit" is used to calculate the contribution margin per unit of the constrained resource. The constrained resource is the resource that limits the production of a product or service, such as a machine, labor, or raw material.
By calculating the contribution margin per unit of the constrained resource, a business can determine which products or services generate the highest profit contribution for each unit of the constrained resource used. This information can be used to make decisions about how to allocate the constrained resource among different products or services, to maximize profitability.
The optimal number of units that should be manufactured would require additional information beyond the formula given. The degree of operating leverage is calculated by dividing the contribution margin by the operating income, and the formula given does not include any information about operating income. Sales mix refers to the relative proportion of different products or services sold and is not related to the formula provided.
The correct option is c.
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Vaughan Company has the opportunity to invest in a project that will cost $40,000 and have a useful life of 6 years and a salvage value of $10,000. Each year the project will generate revenue of $15,000. Annually it will cost $1,000 for insurance, $1,000 for maintenance, and $3,000 for utilities. The company requires that a project payback in 50% of its useful life or less and the minimum rate of return for the accounting rate of return is 15%. Vaughan uses the straight line method of depreciation
The ARR (20%) is greater than the minimum required rate of return (15%), the project appears to be viable.
Evaluate the viability of the project, we need to calculate its net present value (NPV), internal rate of return (IRR), payback period, and accounting rate of return (ARR).
First, let's calculate the annual cash flows for the project:
Annual revenue: $15,000
Annual expenses: $1,000 (insurance) + $1,000 (maintenance) + $3,000 (utilities) = $5,000
Annual depreciation: ($40,000 - $10,000) / 6 = $5,000
Annual cash flow = $15,000 - $5,000 = $10,000
Next, let's calculate the project's NPV using a discount rate of 15%:
Year 0: -$40,000 (initial investment)
Years 1-6: $10,000 (annual cash flow)
NPV = -$40,000 + ($10,000 / (1 + 0.15)^1) + ($10,000 / (1 + 0.15)^2) + ... + ($10,000 / (1 + 0.15)^6)
NPV = -$7,308.60
Since the NPV is negative, the project is not viable.
Next, let's calculate the IRR of the project:
Year 0: -$40,000 (initial investment)
Years 1-6: $10,000 (annual cash flow)
IRR = 16.59%
Since the IRR (16.59%) is greater than the minimum required rate of return (15%), the project appears to be viable. However, we need to check if the payback period is less than 50% of the useful life of the project.
Payback period = $40,000 / $10,000 per year = 4 years
Since the payback period is less than 50% of the useful life of the project (3 years), the project meets the company's requirement.
Finally, let's calculate the ARR of the project:
Average net income = ($10,000 x 6 years - $30,000) / 6 = $5,000
Average investment = ($40,000 + $10,000) / 2 = $25,000
ARR = ($5,000 / $25,000) x 100% = 20%
Since the ARR (20%) is greater than the minimum required rate of return (15%), the project appears to be viable.
Overall, the IRR and ARR suggest that the project is viable, but the negative NPV indicates that the project may not generate sufficient returns to compensate for the initial investment. Therefore, the company should carefully evaluate the project's risks and benefits before making a final decision.
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As the competition for entertainment dollars has increased, what has also changed in customer attitudes?
A. Lower susceptibility to wear-out
B. Higher awareness of reach
C. Harder to build goodwill
D. Higher expectation of quality
As the competition for entertainment dollars has increased, customer attitudes have also undergone significant changes. One of the most notable changes is the higher expectation of quality. With so many options available, customers now demand high-quality experiences from the entertainment venues they choose to patronize. so the correct option is option C{ higher expectation of quality}
Customers today are no longer satisfied with mediocre performances or lackluster experiences. They want to be wowed and entertained at every turn, and they are willing to pay for it. This means that entertainment venues must work harder than ever to deliver exceptional experiences that meet or exceed customer expectations.
In addition to higher expectations of quality, customers also demand more value for their money. They want experiences that are worth the price they pay and that offer something unique and memorable. This has led to a rise in experiential entertainment, where customers can participate in immersive experiences that engage all of their senses and leave a lasting impression.
Overall, as the competition for entertainment dollars has intensified, customers have become more discerning and demanding. Entertainment venues must rise to the challenge by providing high-quality, value-driven experiences that meet or exceed customer expectations.
So, the correct option is option C{ higher expectation of quality}
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If Shelves Unlimited makes a batch of 250 book shelves, how much time will be required onthe Router?
Without knowing the time taken by the router, it is not possible to provide a specific answer.
To determine the time required on the router for Shelves Unlimited to make a batch of 250 bookshelves, you will need the following information:
1. The time it takes for the router to work on one bookshelf.
Once you have this information, you can calculate the total time required for the router to work on the entire batch of 250 bookshelves.
Here's a step-by-step explanation:
Step 1: Obtain the time it takes for the router to work on one bookshelf.
Let's assume it takes 'x' minutes to complete one bookshelf.
Step 2: Multiply the time for one bookshelf by the total number of bookshelves in the batch.
Total time required = x minutes/bookshelf * 250 bookshelves
Without the exact time taken by the router to work on a single bookshelf, we cannot provide a specific answer. However, once you have that information, you can use the steps above to calculate the total time required for the router to work on a batch of 250 bookshelves.
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suppose demand for a power steering gear assembly is given by: gear 1 2 3 4 5 6 7 8 9 10 demand 45 65 35 40 0 0 33 0 32 25 currently there are 150 parts on hand. production is planned using the fixed order period method and two periods. the lead time is three periods. determine the planned order release schedule.
To determine the planned order release schedule using the fixed order period method, we need to calculate the demand during the lead time, the reorder point, and the order quantity.
First, let's calculate the demand during the lead time of three periods. Since there are two periods between orders, we need to multiply the average demand during those two periods by three:
Average demand = (45+65+35+40+33+32+25)/7 = 38.43
Demand during lead time = 3 x 38.43 = 115.29
Next, let's calculate the reorder point. This is the level of inventory at which we need to place an order to ensure that we have enough inventory to cover the demand during the lead time. The reorder point is calculated as follows:
Reorder point = (demand during lead time) + (safety stock)
We'll assume a safety stock of 20 parts.
Reorder point = 115.29 + 20 = 135.29
Finally, let's calculate the order quantity. This is the amount of inventory we need to order each time we place an order. We'll use the economic order quantity (EOQ) formula:
EOQ = [tex]√((2 x annual demand x ordering cost)/holding cost per unit)[/tex]
We'll assume an ordering cost of $50 per order and a holding cost of 20% per unit per period.
Annual demand = 45+65+35+40+33+32+25 = 275
EOQ = √((2 x 275 x 50)/(0.2 x 150)) = 78.72
Therefore, the planned order release schedule is:
Period | On hand | Order quantity | Received | Demand | Ending inventory
1 | 150 | 78 | 0 | 45 | 183
2 | 183 | 78 | 0 | 65 | 196
3 | 196 | 0 | 78 | 35 | 239
4 | 239 | 0 | 0 | 40 | 199
5 | 199 | 78 | 0 | 0 | 277
6 | 277 | 78 | 0 | 0 | 355
7 | 355 | 78 | 0 | 33 | 400
8 | 400 | 0 | 78 | 0 | 478
9 | 478 | 78 | 0 | 32 | 524
10 | 524 | 0 | 78 | 25 | 577
Note that in periods 4 and 8, we order only enough to bring our inventory up to the reorder point.
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When is the advisable time to start building or adding to your own professional network?question 5 options:a) upon graduationb) when you need a jobc) whenever you have timed) right now
The advisable time to start building or adding to your own professional network is d) right now.
Building a strong professional network takes time and effort, and it's important to start as early as possible. Even if you're still in school or currently employed, it's never too early or too late to start making connections with people in your industry.
It's beneficial to start building connections as early as possible, as networking can help you gain valuable insights, knowledge, and opportunities throughout your academic and professional journey. Networking can help you discover new opportunities, gain valuable insights, and establish meaningful relationships that can benefit you throughout your career. So, don't wait until graduation or until you need a job to start building your network – start today! The correct option is d) right now.
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Select the best response to the following questions. The decision theory suggests how leaders can engage employees in making decisions at an appropriate level. O normative o contingency situational follower
The correct answer is option A) Normative.
The best response to the statement "The decision theory suggests how leaders can engage employees in making decisions at an appropriate level" is "Normative".
Normative decision theory provides a framework for leaders to make rational decisions based on a set of predetermined criteria. It helps leaders to determine the best course of action by evaluating all available options and selecting the one that maximizes the chances of achieving the desired outcome.
Additionally, normative decision theory can help leaders involve their employees in decision-making by providing them with a structured approach to analyze the problem and identify potential solutions.
Therefore the correct answer is normative
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Anders inc. estimated manufacturing overhead rate is 40% of direct labor cost. one of the jobs bid on and completed during the year estimated $10,000 of direct labor. actual direct labor for the job was $12,000. based on this, $ ________ of manufacturing overhead cost was applied to the job. (enter your answer as a whole number.)
Based on the estimated manufacturing overhead rate of 40% of direct labor cost, the manufacturing overhead cost applied to the job is $4,800.
manufacturing overhead cost applied to the job can be calculated as follows:
Manufacturing overhead cost applied = Estimated direct labor cost x Estimated manufacturing overhead rate
Manufacturing overhead cost applied = $10,000 x 40%
Manufacturing overhead cost applied = $4,000
However, the actual direct labor cost for the job was $12,000, which means that the manufacturing overhead cost applied to the job needs to be adjusted based on the actual direct labor cost.
To adjust the manufacturing overhead cost applied, we need to use the predetermined manufacturing overhead rate and the actual direct labor cost. The formula for calculating the manufacturing overhead applied to the job based on the actual direct labor cost is as follows:
Manufacturing overhead cost applied = Actual direct labor cost x Predetermined manufacturing overhead rate
Substituting the values, we get:
Manufacturing overhead cost applied = $12,000 x 40%
Manufacturing overhead cost applied = $4,800
Therefore, based on the given information, $4,800 of manufacturing overhead cost was applied to the job.
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Many businesses decided to stop its operations in Russia following war with Ukraine.select one of those businesses and discuss in a video presentation in class on Monday April 4. Suggested points for discussion- Impacts on the business and its international operations- Impacts on Russia labor market- what could be the role of HR at those businesses in Planning the exit process- Provide figures and statistics on unemployment
One of the businesses that stopped its operations in Russia following the war with Ukraine is McDonald's.
McDonald's decided to close its eight hundred restaurants in Russia due to various reasons, including the Ukrainian conflict, importation laws, and declining sales. The closure impacted the company's international operations, as Russia was one of its largest markets, accounting for over 10% of its global revenue.
Additionally, the closure led to significant job losses for the local workforce, with over 35,000 employees losing their jobs. The HR department played a crucial role in planning the exit process, ensuring that employees received proper compensation and severance packages.
The closure of McDonald's restaurants in Russia also had a significant impact on the country's labor market, with unemployment rates increasing by 0.1% in 2015. Overall, the closure of McDonald's in Russia highlighted the importance of geopolitical risks in international business operations.
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A(n) ____________ in the loan interest rate and a(n) _____________ in the loan duration will increase the monthly auto loan payment.
A(n) increase in the loan interest rate and a(n) decrease in the loan duration will increase the monthly auto loan payment.
When the loan interest rate increases, it means the borrower will be charged a higher percentage of interest on the loan amount. This leads to an increase in the total interest paid over the loan term. With a higher interest rate, the monthly payment needs to cover not only the principal amount but also the increased interest charges, resulting in a larger monthly payment.
Similarly, when the loan duration is decreased, the borrower has a shorter timeframe to repay the loan. This means the principal amount needs to be paid off in a shorter period, resulting in higher monthly payments. The shorter loan duration compresses the repayment schedule, requiring the borrower to make larger monthly payments to meet the accelerated repayment timeline.
Therefore, an increase in the loan interest rate and a decrease in the loan duration will both contribute to an increase in the monthly auto loan payment, as borrowers will need to allocate more funds each month to cover the principal and the higher interest charges within a shorter timeframe.
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A friend of yours starts his own business. He would like to expand his client base to include the government, but he believes his small business would be ignored. Based on your knowledge from the text, you tell him Group of answer choices that any government, federal, state, or local would laugh at the size of his business. Although the government will deal with small businesses, he will never make a profit off a government contract. The government buys products from all sizes of business, but there is some red tape. That he's absolutely right, the government doesn't deal with small businesses. The government rarely considers new suppliers when making purchasing decisions
I would tell my friend that the correct statement is: "The government buys products from all sizes of business, but there is some red tape."
It is a common misconception that the government only works with large corporations and ignores small businesses. In reality, the government actively seeks to do business with small businesses and has various programs and initiatives to support them. However, there are certain requirements and regulations that small businesses must follow in order to be eligible for government contracts.
For example, the government has set-aside programs that require a certain percentage of contracts to be awarded to small businesses. Additionally, small businesses may be eligible for preferential treatment in the bidding process. However, there are specific criteria that a small business must meet, such as being registered with the government's System for Award Management (SAM) and having a certain level of experience and capability to fulfill the contract.
Therefore, while it may require some extra effort and navigating through bureaucratic procedures, it is possible for small businesses to win government contracts and expand their client base.
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Morten Food Products, Inc. Is a regional manufacturer of salty food snacks. The firm competes directly with the national brands including Frito-Lay, but only in the U. S. Southeast. Last year Morten sold $300 million of its various chip products and hopes to increase its sales in the coming year by offering a new line of baked chips. The new product line is expected to generate $40 million in sales next year. However, the firms analysts estimate that about 60 percent of these revenues will come from existing customers who switch their purchases from one of the firms existing products to the new healthier baked chips.
a. What level of incremental sales should the company analyst attribute to the new line of baked chips?
b. Assume that 20 percent of Mortens existing customers are actively looking for a healthier snack alternative and will move to another company baked chip offering if Morten does not introduce the new product. What level of incremental sales would you attribute to the new line of baked chips in this circumstance?
Introducing a new line of baked chips offers Morten Food Products, Inc. the potential to increase sales and appeal to health-conscious customers, but the level of incremental sales will depend on factors such as customer behavior and competition.
a. To calculate the level of incremental sales attributable to the new line of baked chips, we need to consider the proportion of sales that will come from new customers versus existing customers. According to the analysts' estimates, 60% of the $40 million in expected sales will come from customers who switch from Morten's existing products to the new baked chips. This equates to $24 million in sales from existing customers. Therefore, the level of incremental sales attributable to the new line of baked chips would be $40 million - $24 million = $16 million.
b. In this scenario, we need to consider the potential loss of sales from existing customers who are actively looking for a healthier snack alternative and may switch to a competitor's baked chip offering if Morten does not introduce the new product. Assuming that 20% of Morten's existing customers fall into this category, we can estimate that the potential loss of sales is 20% of $300 million, which is $60 million. Therefore, if Morten does not introduce the new line of baked chips, they stand to lose $60 million in sales.
Introducing the new product line is likely to mitigate some of this potential loss by attracting some of these health-conscious customers to Morten's new offering. Assuming that Morten can capture 50% of these health-conscious customers with their new line of baked chips, this would equate to $60 million x 50% = $30 million in incremental sales. Therefore, in this scenario, the level of incremental sales attributable to the new line of baked chips would be $30 million.
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You purchase a bond with a coupon rate of 8.5% and par value of $2,000. the value of the bond rose to $2,500. what is the bond yield?
The bond yield is 6.8%.
To calculate the bond yield, we need to use the formula for current yield, which is the annual coupon payment divided by the current market price of the bond, expressed as a percentage.
The annual coupon payment can be calculated by multiplying the coupon rate by the par value of the bond:
Annual coupon payment = Coupon rate x Par value
Annual coupon payment = 8.5% x $2,000
Annual coupon payment = $170
The current market price of the bond is given as $2,500.
Now we can calculate the current yield as:
Current yield = Annual coupon payment / Current market price
Current yield = $170 / $2,500
Current yield = 0.068 or 6.8%
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What bankruptcy provision has the bank chosen?
Daniel’s company suffers from losses and eventually files for bankruptcy. Since Daniel’s company deals in artifacts, the bank decides to opt for the
(BLANK) provision for bankruptcy. Through this provision, the company decides to auction the goods and recover a portion of the debt
The bank has likely chosen to use chapter 7 of the Bankruptcy code which is the "liquidation provision" for bankruptcy in the case of Daniel's company.
This provision involves the sale of the company's assets, such as artifacts, to raise funds to pay off its debts to creditors, including the bank. The proceeds from the sale are distributed among creditors in order of priority, with secured creditors being paid first, followed by unsecured creditors.
In a liquidation bankruptcy, the bankruptcy court appoints a trustee who is responsible for selling the company's assets and distributing the proceeds to creditors. The trustee is typically a licensed attorney or accountant who specializes in bankruptcy law. The trustee has the authority to negotiate with creditors and may also have the power to operate the company's business for a short period of time in order to maximize the value of its assets.
One advantage of a liquidation bankruptcy is that it provides a relatively quick resolution to the company's financial problems. Once the assets are sold and the proceeds are distributed to creditors, the bankruptcy case is closed. However, the downside of this type of bankruptcy is that the company's owners typically lose control of the business, and the assets may be sold for less than their true value. Additionally, the bankruptcy filing may have a negative impact on the company's credit rating and make it difficult for the owners to secure financing in the future.
In summary, the bank has likely chosen to use the liquidation provision for bankruptcy in the case of Daniel's company. This provision involves the sale of the company's assets to pay off its debts to creditors, with the proceeds being distributed in order of priority. While liquidation bankruptcy provides a quick resolution to the company's financial problems, it also comes with certain downsides such as loss of control over the business and potential negative impact on the company's credit rating.
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If lsl = 500, usl = 518, μ = 509, and σ = 3, the "safety margin" to maintain the product specifications would be:
The "safety margin" to maintain the product specifications would be: 3.
The safety margin can be calculated by finding the difference between the upper specification limit (USL) and the mean (μ), and the difference between the mean (μ) and the lower specification limit (LSL).
To calculate the safety margin for maintaining product specifications given lsl = 500, usl = 518, μ = 509, and σ = 3, you can follow these steps:
1. Calculate the difference between the mean (μ) and lower specification limit (lsl): Δl = μ - lsl = 509 - 500 = 9.
2. Calculate the difference between the upper specification limit (usl) and mean (μ): Δu = usl - μ = 518 - 509 = 9.
3. Determine the minimum difference: min(Δl, Δu) = min(9, 9) = 9.
4. Calculate the safety margin by dividing the minimum difference by the standard deviation:
(σ): Safety Margin = min(Δl, Δu) / σ = 9 / 3 = 3.
So, the safety margin to maintain the product specifications is 3.
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economies of scale are part 2 a. decreases in information costs that occur as transactions costs increase. b. the reduction in costs per unit that accompanies an increase in volume. c. charges to savers and borrowers imposed by banks in exchange for reducing transactions costs. d. decreases in transactions costs that occur as information costs increase.
Economies of scale are commonly defined as the reduction in costs per unit that accompanies an increase in volume. Option B.
This means that as the production or output of a company increases, the cost of producing each unit of output decreases. This can be attributed to a number of factors, such as spreading fixed costs over a larger output, increased bargaining power with suppliers, and specialization of labor.
One important factor in achieving economies of scale is the reduction in transactions costs. Transactions costs refer to the costs associated with exchanging goods, services, or information between parties.
As a company grows and its output increases, it is likely to engage in more transactions, whether it be with suppliers, customers, or other stakeholders.
By reducing transactions costs, a company can achieve economies of scale by lowering the cost of each transaction.One way to reduce transactions costs is by decreasing information costs.
Information costs refer to the costs associated with acquiring, processing, and transmitting information.
In summary, economies of scale are achieved through a combination of factors, including the reduction of transactions costs. Decreases in information costs can help to reduce transactions costs, which in turn can lead to lower costs per unit and increased efficiencies. However, in some cases, companies may need to increase the scale of their operations in order to achieve economies of scale. Option B.
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11. More on the corporate valuation model 123 Warehousing is expected to generate a free cash flow (FCF) of $10,270. 00 million this year (FCF, = $10,270. 00 million), and the FCF is expected to grow at a rate of 21. 40% over the following two years (FCF, and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2. 82% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If 123 Warehousing's weighted average cost of capital (WACC) is 8. 46%, what is the current total firm value of 123 Warehousing? (Note: Round all intermediate calculations to two decimal places. ) $307,865. 25 million $248,201. 19 million $297,841. 43 million O $31,930. 68 million
The current total firm Warehousing value of 123 Warehousing is $248,201.19 million, rounded to two decimal places. Therefore, the correct answer is option B: $248,201.19 million.
The current total firm value of 123 Warehousing, we can use the corporate valuation model, which is:
V :[tex](FCF1 / (1 + WACC)^1) + (FCF2 / (1 + WACC)^2) + ... + (FCFn / (1 + WACC)^n) + (TV / (1 + WACC)^n)[/tex]
FCF1 = Free cash flow for the current year
FCF2 = Free cash flow for the next year
n = the last year of the high-growth phase
TV = Terminal value of the firm, calculated as (FCFn+1 x (1 + g)) / (WACC - g), where g is the perpetual growth rate after the high-growth phase
FCF1 = $10,270.00 million
FCF2 = FCF1 x (1 + growth rate) = $12,451.54 million
FCF3 = FCF2 x (1 + growth rate) = $15,090.48 million
n = 3
WACC = 8.46%
g = 2.82%
TV = (FCF4 x (1 + g)) / (WACC - g)
= ($15,090.48 million x (1 + 2.82%)) / (8.46% - 2.82%)
= $319,183.75 million
Now, we can plug in all the values into the corporate valuation model equation: V:
[tex](FCF1 / (1 + WACC)^1) + (FCF2 / (1 + WACC)^2) + (FCF3 / (1 + WACC)^3) + (TV / (1 + WACC)^3)[/tex]
[tex]($10,270.00 million / (1 + 8.46)^1) + ($12,451.54 million / (1 + 8.46)^2) + ($15,090.48 million / (1 + 8.46)^3) + ($319,183.75 million / (1 + 8.46)^3)[/tex]
V = $248,201.19 million
Therefore, the current total firm value of 123 Warehousing is $248,201.19 million, rounded to two decimal places. Therefore, the correct answer is option B: $248,201.19 million.
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If u have internet look for a nepali ecommerce firm what do they sell where
If you are looking for a Nepali e-commerce firm, one example is Daraz. Daraz is an online marketplace that operates in Nepal, providing customers with a wide variety of products, such as electronics, clothing, home appliances, and more.
They sell these items through their website (daraz.com.np) and mobile app, where users can browse, compare, and purchase products conveniently.
Daraz delivers items across Nepal, covering various cities and towns. They also offer multiple payment options, including cash on delivery and online payments, for a seamless shopping experience.
In summary, a Nepali e-commerce firm like Daraz sells a diverse range of products online and delivers them to customers throughout Nepal.
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production of pizza workers output (q) total cost average cost marginal cost 0 0 $200 --- --- 1 20 $300 15.00 5.00 2 50 $400 8.00 3.33 3 90 $500 5.56 4 120 $600 5.00 3.33 5 140 $700 5.00 5.00 6 150 $800 5.33 10.00 7 155 $900 5.81 20.00 where are costs minimized? group of answer choices 5 workers 3 workers 6 workers 4 workers
The point where costs are minimized is at 4 workers, as this is where the average cost is minimized, and the marginal cost is still relatively low. Option D is correct.
To determine where costs are minimized, we need to find the point where marginal cost (MC) equals average cost (AC).
Looking at the table provided, we can see that the marginal cost is lowest at 3 workers, where it is $4. This is lower than the marginal cost at 4 workers ($5), and at 5 workers, the marginal cost jumps up to $10.
The average cost is lowest at 4 workers, where it is $5 per unit. At 3 workers, the average cost is slightly higher at $5.56 per unit, and at 5 workers, it is the same as the marginal cost at $5 per unit.
Hence, D. is the correct option.
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--The given question is incomplete, the complete question is
"Production of pizza workers output (q) total cost average cost marginal cost 0 0 $200 --- --- 1 20 $300 15.00 5.00 2 50 $400 8.00 3.33 3 90 $500 5.56 4 120 $600 5.00 3.33 5 140 $700 5.00 5.00 6 150 $800 5.33 10.00 7 155 $900 5.81 20.00 where are costs minimized? group of answer choices A) 5 workers B) 3 workers C) 6 workers D) 4 workers."--
Qingji corp., an oil separator manufacturer, rented a warehouse on january 1st and paid $30,000 for the rent for the next two years. how would this transaction impact the accounting equation of qingji corp.
The accounting equation is Assets = Liabilities + Equity. When Qingji Corp. rents a warehouse and pays for it, it would impact the accounting equation in the following way Assets +$30,000 = Liabilities + $0 = Equity + $0.
Assets: The rental of the warehouse represents an economic resource that the company now has access to. Therefore, the prepaid rent of $30,000 would increase the company's assets by $30,000.
Liabilities: There are no liabilities associated with this transaction, so the liabilities would remain unchanged.
Equity: The payment of rent does not affect the equity of the company, so the equity would remain unchanged.
Therefore, the impact of the transaction on the accounting equation would be:
Assets +$30,000 = Liabilities + $0 = Equity + $0.
To provide further information, the $30,000 payment for rent represents a prepaid expense for Qingji Corp. This is because the payment covers the next two years, so the expense will be recognized over the two-year period as the company uses the warehouse.
In terms of the impact on the financial statements, the prepaid rent would appear as an asset on the balance sheet under the category of "Prepaid Expenses." This asset account would be reduced each month by the amount of rent expense recognized during that month.
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