besides merit pay, two other types of performance-based pay are:

Answers

Answer 1

Besides merit pay, two other types of performance-based pay are bonuses and commissions.

In addition to merit pay, which is typically an increase in base salary based on individual performance, organizations use bonuses and commissions as forms of performance-based pay.

Bonuses are one-time payments granted to employees based on their individual or team performance. These payments are often awarded for achieving specific goals, meeting targets, or exceeding expectations. Bonuses can provide a financial incentive and recognition for exceptional performance.

Commissions are commonly used in sales roles and are based on a percentage of the sales revenue generated by an individual. Sales professionals receive a commission for each sale made or for achieving sales targets. Commissions directly link compensation to individual sales performance and incentivize employees to drive sales and revenue growth.

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Related Questions

When Electra produced its bikes in Taiwan, did the company have to follow the laws of Taiwan or the laws of the United States?

Answers

The company is required to comply with all applicable laws in both Taiwan and the United States because it operates in two distinct nations.

What is Taiwan's law?

Legal Structure: Civil Law: The System of Law Taiwan is governed by civil law. Primary sources of law fall into three categories: laws, customs that fill in where laws don't, jurisprudence if neither laws nor customs apply, and public policy or morals.

Why does Taiwan matter to us?

Trade and investment, health, semiconductor and other critical supply chains, investment screening, science and technology, education, and advancing democratic values are just a few of the areas in which Taiwan has emerged as a significant U.S. partner. Over decades and administrations, the United States' approach to Taiwan has remained consistent.

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Journalize the following business transactions in general journal form. Identify each transaction by number. You may omit explanations of the transaction. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) 1. Owner invested $62,500 in exchange for common stock of the corporation 2. Hired an employee to be paid $300 per week, starting tomorrow. 3. Paid two years' rent in advance, $7,600. 4. Paid the worker's weekly wage. 5. Recorded service revenue earned and received for the week, $2,100. No. Account Titles and Explanation Debit Credit
1. 2. 3.

Answers

1. Cash $62,500
  Common Stock $62,500
2. Salaries Expense $300
  Cash $300
3. Prepaid Rent $7,600
  Cash $7,600
4. Salaries Expense $300
  Cash $300
5. Cash $2,100
  Service Revenue $2,100
To journalize the following business transactions in general journal form and identify each transaction by number, here are the entries:

1. Owner invested $62,500 in exchange for common stock of the corporation:
  Debit: Cash - $62,500
  Credit: Common Stock - $62,500

2. Hired an employee to be paid $300 per week, starting tomorrow:
  No entry is required at this point since the payment will be made in the future.

3. Paid two years' rent in advance, $7,600:
  Debit: Prepaid Rent - $7,600
  Credit: Cash - $7,600

4. Paid the worker's weekly wage:
  Debit: Salaries Expense - $300
  Credit: Cash - $300

5. Recorded service revenue earned and received for the week, $2,100:
  Debit: Cash - $2,100
  Credit: Service Revenue - $2,100

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Which are the three core roles in a Scrum project and how do they interact with each other and the customer?

Answers

Scrum team or also known as Scrum project has three major roles. There are  product owner roles, ScrumMaster roles, and also  development team roles.

Scrum teams or also known as scrum projects generally can be defined as  an Agile project management methodology that has a function to involving a small team led by a Scrum master. Scrum teams has a main job to remove all obstacles to getting work done. Scrum teams including several peoples that work together and bring a product from an idea to life. There are several types of scrum teams, such as Sprint Planning Meeting, Daily Scrum Meeting, Sprint Retrospective Meeting, Backlog Refinement Meeting, and also Sprint Review Meeting.

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please help and thanks :)

please help and thanks :)

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The company increases its capital without going into debt is the advantage of offering the sales of shares in a company.

What are shares?

A share, which can also apply to shares of mutual funds, limited partnerships, and real estate investment trusts, is a unit of equity ownership in the capital stock of a corporation in the financial markets. The term "share capital" describes all of an organization's assets. A shareholder of a corporation is someone who owns shares in the organization. A share represents the ownership relationship between the business and the shareholder and is an immovable unit of capital. A share's face value, which may not correspond to the market worth of those shares, is its denominated value.

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When supply goes up, price goes down and when price goes up, supply goes down. Products are elastic if price has a large impact on supply, they are inelastic if supply remains relatively constant due to fluctuations in price. This is call Answer: Demand of Supply Elasticity of Supply Neither

Answers

Answer:

A higher equilibrium price

A person works as a cashier in a major supermarket. She sells vegetables to
customers, including local restaurants that use these ingredients to make
meals for their customers. The supermarket pays the cashier wages for her
work, which she uses to buy her own groceries and pay bills.
When the supermarket in the passage sells vegetables to restaurants, it takes
on which role in the circular flow of goods?
O A. Business market
O B. Resource market
O c. Product market
O D. Household market

Answers

Answer: IT B B

Explanation:

Trust the process

When the supermarket in the passage sells vegetables to restaurants, it takes a resource market role in the circular flow of goods. The correct option is b.

What is a resource market?

Resource market definition formally refers to a market that furnishes companies, firms, and organizations with the factors of production in exchange for monetary benefits. Resource markets are those which provide businesses with the resources they need to provide the goods or services they offer. In this sense, these markets are more business-to-business than business-to-consumer.

A resource market may also be referred to as a factor market, which economists use to separately refer to all the resources that businesses employ to legally acquire what they need to undertake in the production of goods and services. It can also be termed the input market. Factors of production acquired in the concept or resource/factor markets include labor, capital, and land.

A simplistic definition is that a resource market is a market that provides businesses with the resources they need to produce goods and services.

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Using the information below, complete the Income Statement, Statement of Retained Earnings, and Balance Sheet for your Aunt Mildred. Be sure to include proper headers, dates, and account titles (reference page 1-29 in your textbook for proper formatting). Lastly, in the column next to each of Aunt Mildred's accounts below, list out what type of business activity (operating, 1 investing, financing, or N/A) the account would fall into on the Statement of Cash Flows, if any. (chart −12 points, statements-35 points) Other Important Information: - I started my business on June 2
nd
by investing my own cash. - I paid cash for this great piece of furniture (reclining chair) to use while I knit! - All of my expenses were paid in cash and all the money I received from my customers was in cash. - Hints and reminders from Accounting Instructor: 1. There is no dividends for Aunt Mildred's knitting business...yet! 2. Although Aunt Mildred does not know what type of business she is going to

Answers

Income Statement for Aunt Mildred

June 1 through December 31st

Description                Amount

---------------------------------------

Revenue                     $

Expenses:

- Furniture Expenses       $

- Insurance Expense        $

- Advertising Expense      $

- Utilities Expense        $

- Wages and Salaries Expense $

- Other Expenses           $

Total Expenses              $

Net Income                  $

Statement of Retained Earnings

June 1 through December 31st

Description                Amount

---------------------------------------

Beginning Retained Earnings $

Net Income                 $

Dividends                  $

Ending Retained Earnings   $

Balance Sheet for Aunt Mildred

December 31st

Assets:

Current Assets:

- Cash                     $

- Furniture                $

Total Assets               $

Liabilities:

Current Liabilities:

- Accounts Payable         $

Total Liabilities          $

Stockholders' Equity:

- Retained Earnings        $

Total Stockholders' Equity $

Total Liabilities and Stockholders' Equity $

Classification of Aunt Mildred's accounts in the column next to each account

Operating:

- Furniture Expenses

- Insurance Expense

- Advertising Expense

- Utilities Expense

- Wages and Salaries Expense

- Other Expenses

- Cash

- Accounts Payable

Investing:

N/A

Financing:

N/A

Dividends:

N/A

Explanation:

To solve this accounting question systematically, follow these steps:

1. Income Statement:

  - Calculate the total revenue earned by Aunt Mildred based on the given transactions.

  - List and calculate the expenses incurred by Aunt Mildred.

  - Subtract the total expenses from the total revenue to determine the net income.

2. Statement of Retained Earnings:

  - Determine the beginning retained earnings. Assuming it is the first year of the business, it can be assumed to be zero.

  - Use the net income calculated from the Income Statement.

  - Assume no dividends have been paid out, so dividends can be assumed to be zero.

  - Add the beginning retained earnings and net income to calculate the ending retained earnings.

3. Balance Sheet:

  - Calculate the total assets by adding the cash and furniture amounts.

  - Calculate the total liabilities by summing up the accounts payable.

  - Calculate the total stockholders' equity by adding the retained earnings to the capital invested by Aunt Mildred.

4. Classify the accounts:

  - Identify the type of business activity (operating, investing, financing, or N/A) for each account based on its nature and the given information.

Note: This solution assumes that the specific amounts for revenue, expenses, cash, furniture, accounts payable, retained earnings, and other details are not provided in the question. You need to fill in the actual amounts based on the information given in the question.

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Solare Company acquired mineral rights for $729,600,000. The diamond deposit is estimated at 45,600,000 tons. During the current year, 2,050,000 tons were mined and sold

Answers

Complete question :

Solare Company acquired mineral rights for $729,600,000. The diamond deposit is estimated at 45,600,000 tons. During the current year, 2,050,000 tons were mined and sold.

Determine the depletion rate. Determine the amount of depletion expense for the current year. Journalize the adjusting entry to recognize the depletion expense..

Answer: 1) $16 ; $32,800,000

Explanation:

Given the following :

Cost of mineral right = $729,600,000

Estimated deposit = 45,600,000 tons

Quantity sold mined and sold during current year = 2,050,000 tons

Depletion rate :

Cost of mineral right / Estimated volume of deposit

= $729,600,000 / 45,600,000

= $16

B) depletion expense for current year:

Depletion rate × quantity sold and mined in current year

$16 × 2,050,000

= $32,800,000

C.) Depletion expense - - - 32,800,000

Accumulated depletion - - 32,800,00

What are the two types of products that
are derived from the stages of
agriculture?
A. food and non-food
B. food and fiber
C. meats and vegetables
D. meats and grains

Answers

c -meats and vegetables

Which nims management characteristic helps to eliminate?.

Answers

Answer:

Chain of command and unity of command help to ensure clear reporting relationships exist and eliminate the confusion caused by multiple, conflicting directives. Incident managers at all levels must be able to control the actions of all personnel under their supervision.

How do you round to the nearest whole percent?


( here’s the question I need to round for )


What percentage of total expenses is spent on housing?
( round to the nearest whole percent)


A 20%

B 21%

C 22%

D 24%


~Please help ASAP~

How do you round to the nearest whole percent? ( heres the question I need to round for )What percentage

Answers

Answer:

Dont worry about me, I just added this answer so the other person can get their brainliest  because they definetly deserve it

which of the following types of federalism was embraced by franklin delano roosevelt after the stock market crash of 1929?

Answers

After the stock market crash of 1929, Franklin Delano Roosevelt embraced cooperative federalism.

Cooperative federalism, also known as "marble cake federalism," refers to a system of federalism where the federal government and state governments work together collaboratively to address national issues and implement policies. This approach emphasizes intergovernmental cooperation and coordination.

In response to the economic challenges of the Great Depression, President Roosevelt implemented various policies and programs as part of his New Deal agenda. These initiatives involved significant collaboration between the federal government and state governments to stimulate the economy, provide relief to those affected by the depression, and promote recovery.

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Ilus
What are the gross sales?
Income Statement
For the Year Ended August 31, 2012
Revenues
Student Lessons
$29,520.00
Recital Sales
15,900.00
Total Revenues:
45,420.00
Expenses
Costumes and Accessories
Building Maintenance
Total Expenses:
16,700.00
11,320.00
28,020.00
*Call numbers in 000s)

IlusWhat are the gross sales?Income StatementFor the Year Ended August 31, 2012RevenuesStudent Lessons$29,520.00Recital

Answers

The gross sales are the total amount of revenue earned before deducting any expenses. In this case, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.

Gross sales are the total amount of revenue generated from the sale of goods or services before any deductions are made for discounts, returns, or allowances. It represents the overall performance of a business and is an important metric for measuring growth and profitability. Gross sales are usually reported on the income statement, along with the cost of goods sold and other expenses, to calculate net income or loss.

Therefore, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.

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an example of a special labor market is suppliers and contractors for u.s. military forces. True or False

Answers

True. The suppliers and contractors who provide goods and services to the U.S. military forces operate in a special labor market. These workers are subject to unique regulations and requirements related to security clearances, government contracts, and compliance with military standards. Additionally, these jobs may require specialized skills and training that are not necessary in other industries. The U.S. military relies heavily on these suppliers and contractors to support their operations, and the demand for their services is likely to remain high in the future. Therefore, it is important for policymakers and industry leaders to understand the unique dynamics of this labor market and work to ensure that workers are treated fairly and compensated appropriately.
An example of a special labor market is suppliers and contractors for U.S. military forces. True.

A special labor market refers to a specific segment of the labor force that has unique characteristics, such as specialized skills, a distinct demand for services, or stringent regulations. In the case of suppliers and contractors for the U.S. military forces, they operate within a unique market due to the specialized nature of their work and the specific requirements set by the U.S. government. This includes obtaining necessary security clearances, adhering to strict guidelines, and providing specialized products and services to meet the needs of the military. As such, this market is considered special, as it has unique characteristics and requirements compared to the broader labor market.

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A worker in Vietnam can earn $6 per day making cotton cloth on a hand loom. A worker in the United States can earn $85 per day making cotton cloth with a mechanical loom. What is the likely explanation for the difference in wages?

Answers

Answer:

c. Labor is more productive making cotton cloth with a mechanical loom than with a hand loom.

Explanation:

Here are the options to this question :

. U.S. textile workers belong to a union, whereas Vietnamese textile workers do not belong to a union.

b. There is little demand for cotton cloth in Vietnam and great demand in the U.S.

c. Labor is more productive making cotton cloth with a mechanical loom than with a hand loom.

d. Vietnam has a low-wage policy to make its textile industry more competitive in world markets.

The mechanical loom would produce more cotton cloth than a hand loom. So, due to higher productivity of the mechanical loom,  the worker who uses a mechanical loom would be paid higher than a worker using a hand loom

Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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The increase in Hollywood revenues outside North America reflects which business trend? Multiple Choice strategic alliance globalization cost reduction cultural distance local responsiveness

Answers

Answer:

globalization

Explanation:

Hollywood has become a global business for quite some time, being by far the most important and lucrative cinema business in the world.

Hollywood producers dominate the world markets with blockbusters that make billions of dollars every year.

Recently, the growth of the Chinese market has represented a huge new market for Hollywood producers.

The increase in Hollywood revenues outside North America reflects globalization.

What is globalization?

It is the process where the people and the products should be moved easily across the borders. It is an economic concept where the market should be integrated, also there should be trade and investment that contain few barriers so that the flow of the products could be less. Also, the Hollywood should be the global business that represent the lucrative cinema business.

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During the interview process with both companies, Justin learns something about a new product that Big Box Co. Is producing that will directly compete with Hope Springs. Because Justin learned about the ethics of and what is unethical, he will not share this information during his interview with Hope Springs.

Answers

Answer:

Ethics of Competition

Explanation:

Justin Justin learned about the ethics of competition, which implies that he does not disclose what he knows even if it is not in favour of Hope Springs because competition allows for such concealment of information.

Remember, a major facet of the"ethics of competition" is that it allows for freedom, so Big Box Co. has the freedom to produce any new product that would give her greater advantages.

Ethics in the organization have an important role in the marketing of the organization and the employee's ethics are responsible for the company's work. The organization's ethics helps in evaluating the stake of the company in the market.

The ethics learned by Justin helps him maintain the principle of both the companies. The sharing of information from Justin's end will deteriorate his employee's ethics, and his chances of being selected for the company's position may reduce.

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2. If a new alternative fuel was found in the auto industry, what are the two ways existing car manufacturers might respond to this disruptive innovation?

Answers

Existing car manufacturers might respond to a disruptive innovation in the auto industry in two ways:

Incorporate the new alternative fuel technology into their current product offerings: Existing car manufacturers might invest in research and development to incorporate the new alternative fuel technology into their current product offerings. This would allow them to continue to compete in the market with a new and innovative product that meets changing customer needs and preferences.

Create a new product line: Existing car manufacturers might also choose to create a new product line specifically designed to use the new alternative fuel technology. This would allow them to maintain their existing product offerings while also capturing new market share with the innovative product line.

Ultimately, the response of existing car manufacturers to a disruptive innovation in the auto industry would depend on their individual business strategies and goals, as well as the potential impact of the new technology on their existing products and customer base.

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Click this link to view O*NET’s Work Context section for Chefs and Head Cooks.

Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom.

According to O*NET, what are common work contexts for Chefs and Head Cooks? Check all that apply.

A. spend time keeping or regaining balance
B. importance of being exact or accurate
C. exposed to high places
D. spend time standing
E. responsibility for outcomes and results
F. responsible for others’ health and safety

Answers

Answer:

✅importance of being exact or accurate,✅spend time standing,✅responsibility for outcomes and results,✅responsible for others’ health and safety

I hope this helps!

Answer:

2. importance of being exact or accurate

4. spend time standing

5. responsibility for outcomes and results

6. responsible for others’ health and safety

Explanation:

What are the steps for using the Evaluate Formula feature?

1. Select the cell with the formula you want to evaluate.

2. Click the
tab on the ribbon.

3. In the
group, click
.

4. Click Evaluate or
to start the process.

Answers

Answer:

Formulas

Formula auditing

evaluate formula

step in

Explanation:

just did it :)

Answer:

1) Formulas

2) Formula Auditing

3) Evaluate Formula

4) Step in

Explanation:

HOW TO USE THE EVALUATE FORMULA FEATURE:

1. Select the cell with the formula you want to evaluate.

2. Click the ✔ Formulas  tab on the ribbon.

3. In the  ✔ Formula Auditing  group, click ✔ Evaluate Formula .

4. Click Evaluate or  ✔ Step In to start the process.

Any recommendations of how to convince my parents to get me a dog?

Answers

Answer:

ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first

Explanation:plz mark me branlyiest this worked for me so yea hope it helped

we can use the arbitrage equation: group of answer choices to improve our understanding of the quantity theory of money. to analyze investment in capital, financial assets, and human capital. to forecast government spending. for understanding fluctuations in precautionary saving. for maximizing profits.

Answers

The arbitrage equation can be used to improve our understanding of the quantity theory of money. This theory states that the general price level of goods and services is directly proportional to the amount of money in circulation. In this context, arbitrage refers to the process of taking advantage of price differences in different markets for the same asset. By analyzing the arbitrage opportunities in financial assets, we can gain insights into how money supply and demand affect the overall economy.

Additionally, the arbitrage equation can be used to analyze investment in capital, financial assets, and human capital. By comparing the returns on various investments, individuals and firms can make informed decisions on where to allocate their resources for maximum profit. This also helps in understanding fluctuations in precautionary saving, as people adjust their savings based on perceived risks and potential returns in the market.

In summary, the arbitrage equation is a valuable tool for understanding the quantity theory of money, investment decisions, and fluctuations in precautionary saving, ultimately contributing to better financial decision-making and maximizing profits.

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Which party is the most interested in a secured transaction?

Answers

Answer:

mark me as brainliest and give me 5 star

Explanation:

Generally, a secured transaction is a loan or a credit transaction in which the lender acquires a security interest in collateral owned by the borrower and is entitled to foreclose on or repossess the collateral in the event of the borrower's default. The terms of the relationship are governed by a contract or security agreement. A common example would be a consumer who purchases a car on credit. If the consumer fails to make the payments on time, the lender will take the car and resell it, applying the proceeds of the sale toward the loan. Mortgages and deeds of trust are other examples. In the United States, secured transactions in personal property are governed by Article 9 of the Uniform Commercial Code.

Answer:

Bank

Explanation:

just did it

The Simpson Corporation is trying to choose between the following two mutually exclusive design projects: Year Cash Flow (1) Cash Flow (II) O -$54,000 -$ 19,000 1 25,000 10,200 4 25,000 10,200 1 25,000 10,200 a-1. If the required return for both projects is 11 percent, what is the profitability index for both projects? (Do not round intermediate calculations and round your answers to 3 decimal places, e.g., 32.161.) a-2.If the company applies the profitability index decision rule, which project should the firm accept?
b-1. What is the NPV for both projects? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) b-2.If the company applies the NPV decision rule, which project should it choose?

Answers

a-1 The profitability index for both project is:

PROFITABILITY INDEX OF PROJECT 1:=>   1.24

PROFITABILITY INDEX OF PROJECT 2: => 1.32

a-2 Project 2 would be accepted, since it has a higher profitability index

b-1 NPV OF PROJECT 1: $15,208

NPV OF PROJECT 2: $5729

b-2 Project 1 would be accepted, since it has a higher NPV

Capital Budgeting Techniques

Net present value(NPV) and profitability index (PI) methods are discounted cash flow techniques of capital budgeting. NPV is calculated as present value of cash inflows minus present value of cash outflows.PI is calculated as present value of cash inflows divided by present value of cash outflows.

Year Cash Flow (I)      Cash Flow (II)

0        $ 63,000          $ 18,100

1         32,000                  9,750

2        32,000                  9,750

3        32,000                  9,750

Answer a - 1

PROFITABILITY INDEX OF PROJECT 1:

Project 1 gives an annuity of 32,000 every year. In order to find the present value of cash inflows, we need to multiply this annuity amount by present value interest factor for an annuity(PVIFA) of $1 for 3 years at 11%Present value of cash inflows =32,000 × PVIFA11%,3years

= 32,000 × 2.444 = $78,208

Present value of cash outflows ( or initial investment) = $63,000Profitability index = Present value of cash inflows / Present value of cash outflows

= 78,208 / 63,000

= 1.24

PROFITABILITY INDEX OF PROJECT 2:

Project 2 gives an annuity of 9750 every year. In order to find the present value of cash inflows, we need to multiply this annuity amount by present value interest factor for an annuity(PVIFA) of $1 for 3 years at 11%Present value of cash inflows =9750 × PVIFA11%,3years

= 9750 × 2.444 = $23,829

Present value of cash outflows ( or initial investment) = $18,100Profitability index = Present value of cash inflows / Present value of cash outflows

= 23,829 / 18,100

= 1.32

Answer a-2

According to the profitability index decision rule, the project with the higher profitability index will be accepted.

Project 2 would be accepted, since it has a higher profitability index

Answer b-1

NPV OF PROJECT 1:

NPV = present value of cash inflows - initial investment

= 78,208 - 63,000

= $15,208

NPV OF PROJECT 2:

NPV = 23,829 - 18,100

= $5729

Answer b-2

According to the NPV decision rule, the project with the higher NPV will be accepted.

Project 1 would be accepted, since it has a higher NPV

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Side effects such as drowsiness, mental clouding, and nausea
can be a result of taking:

Answers

We might anticipate experiencing symptoms like tiredness, mental clouding and nausea when using opioids.

What causes hazy urine, and why?

The presence with alkaline is the most frequent cause of murky urine. Water, salts, and waste products from the kidneys make up urine, and the ratio of these elements determines whether it is alkaline or acidic (pH). The pH range for normal urine acidity to alkalinity is 4.5 to 8.

Why does my stomach hurt and my urine seem cloudy?

UTIs frequently result in symptoms that are unique to the bladder, such as murky urine and pain when urinating. The infection-causing bacteria, however, can also impact your abdomen, particularly your lower belly. Bloating can happen, along with a lot of pressure, pain, and discomfort.

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Behavioural finance:

In each point below, is the statement/conclusion true or false? Briefly (in 1-3 sentences), justify your answers.

a) A high price-dividend ratio (above 50) on the aggregate stock market means that there is an irrational bubble.
b) In mainstream finance models, individuals perfectly smooth consumption across states.
c) Surveys of investor expectations of US stock market returns provide evidence against rational explanations of the predictability of the equity premium based on the dividend-price ratio.
d) The available evidence suggests that subsidies are an effective way to encourage saving for retirement.
e) If all individuals are rational, the Consumption Capital Asset Pricing Model (CCAPM) holds

Answers

a) False. A high price-dividend ratio does not necessarily indicate an irrational bubble. It could be due to rational factors such as expectations of future dividend growth or low interest rates.

b) False. Mainstream finance models assume individuals smooth consumption, but in reality, individuals often exhibit consumption patterns that deviate from perfect smoothing due to various behavioral biases and constraints.

c) True. Surveys of investor expectations that show deviations from rational expectations provide evidence against rational explanations of the predictability of the equity premium based on the dividend-price ratio.

d) True. The available evidence suggests that subsidies can be an effective way to encourage saving for retirement. Subsidies, such as tax incentives or employer matching contributions, can provide financial incentives for individuals to save more for retirement.

e) False. The Consumption Capital Asset Pricing Model (CCAPM) assumes rationality of individuals but does not hold even if all individuals are rational. The CCAPM relies on strong assumptions, such as perfect consumption smoothing and no restrictions on borrowing and lending, which are not realistic in the real world.

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You are considering making a movie. The movie is expected to cost $10.4 million up front and take a year to produce. After that, it is expected to make $4.1 million in the year it is released and $1.7 million for the following four years. What is the payback period of this investment? If you require a payback period of two years, will you make the movie? Does the movie have positive NPV if the cost of capital is 10.3% ? What is the payback period of this investment? The payback period is years. (Round to one decimal place.) OpenSeas, Inc. is evaluating the purchase of a new cruise ship. The ship will cost $499 million, and will operate for 20 years. OpenSeas expects annual cash flows from operating the ship to be $71.5 million and its cost of capital is 12.3% a. Prepare an NPV profile of the purchase. b. Identify the IRR on the graph. c. Should OpenSeas proceed with the purchase? d. How far off could OpenSeas' cost of capital estimate be before your purchase decision would change? a. Prepare an NPV profile of the purchase. To plot the NPV profile we compute the NPV of the project for various discount rates and plot the curve. The NPV for a discount rate of 2.0% is $ million. (Round to one decimal place.)

Answers

Movie Investment:

The payback period of an investment represents the time it takes to recover the initial investment. In this case, the movie has an upfront cost of $10.4 million and is expected to generate cash flows over a five-year period. The cash flows include $4.1 million in the first year of release and $1.7 million for the subsequent four years. To calculate the payback period, we need to determine when the cumulative cash inflows equal or exceed the initial investment.

Year 1: $4.1 million

Year 2: $1.7 million

Year 3: $1.7 million

Year 4: $1.7 million

Year 5: $1.7 million

Adding up the cash flows, we find that it takes approximately 6.1 years to recover the initial investment:

$4.1 million + $1.7 million + $1.7 million + $1.7 million + $1.7 million = $10.9 million

Since the payback period exceeds the required payback period of two years, it would not be advisable to proceed with making the movie based solely on the payback period criterion.

To determine if the movie has a positive net present value (NPV), we need to discount the future cash flows to their present value and subtract the initial investment. The discount rate is given as 10.3%.

NPV = (CF1 / (1 + r)^1) + (CF2 / (1 + r)^2) + ... + (CF5 / (1 + r)^5) - Initial Investment

NPV = ($4.1 million / (1 + 0.103)^1) + ($1.7 million / (1 + 0.103)^2) + ... + ($1.7 million / (1 + 0.103)^5) - $10.4 million

Calculating the NPV yields a positive value, indicating that the movie has a positive net present value at the given cost of capital.

Cruise Ship Purchase:

To prepare an NPV profile for the purchase of the cruise ship, we need to calculate the NPV of the project at various discount rates. The initial investment is $499 million, and the ship is expected to generate annual cash flows of $71.5 million over a 20-year period. The cost of capital is stated as 12.3%.

Using the NPV formula mentioned earlier, we calculate the NPV for different discount rates to plot the NPV profile. The discount rates chosen are typically a range around the cost of capital.

For a discount rate of 2.0%, the NPV is calculated as:

NPV = ($71.5 million / (1 + 0.02)^1) + ($71.5 million / (1 + 0.02)^2) + ... + ($71.5 million / (1 + 0.02)^20) - $499 million

The calculated NPV value will determine the position on the NPV profile for a discount rate of 2.0%.

Based on the given information, the movie investment does not meet the payback period criterion of two years. However, it has a positive NPV when the cost of capital is 10.3%, suggesting that it could be a financially viable project.

Regarding the cruise ship purchase, it is necessary to calculate the NPV profile using different discount rates to assess its financial feasibility. Once the NPV profile is plotted, we can identify the internal rate of return (IRR) as the discount rate at which the NPV equals zero. If the IRR exceeds the cost of capital, it would indicate a favorable investment. Additionally, the decision to proceed with the purchase should consider factors beyond financial considerations, such as market demand, industry trends, and strategic goals.

To determine the maximum allowable deviation in the cost of capital estimate before the purchase decision changes, a sensitivity analysis is required. By assessing the NPV at various cost of capital values, one can identify the threshold at which the investment's viability becomes uncertain.

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_____ managers are responsible for departments that perform a single functional task and have employees with similar training and skills.

Answers

Answer:

Functional

Explanation:

Functional managers are responsible for the management and provision of control over a business unit in an organisation. They manage people and the resources in a business unit such as marketing, customer care unit etc. One of the many advantages of functional management in an organization is that they focus on certain area of specialization, meaning that workers have special skills related to their job functions.

Halifax Shoes has 33% of its sales in cash and the remainder on credit. Of the credit sales, 65% is collected in the month of sale, 25% is collected the month after the sale, and 5% is collected the second month after the sale. How much cash will be collected in August if sales are estimated as $84,037 in June, $73,042 in July, and $86,560 in August? Round to the nearest penny, two decimal places.

Answers

We must take into account both the credit sales collection pattern and the monthly sales made in order to determine the cash collected in August.

Given: June sales equaled $84,037 July sales were $73,042 and August sales were $86,560. The percentage of cash transactions in overall sales is 33%. Therefore, the following formula can be used to determine cash sales each month: Cash sales for June were $27,741.21 ($84,037 * 0.33). Cash sales in July were $24,084.86 (73,042 * 0.33). Cash sales for August were $28,543.20 ($86,560 multiplied by 0.33). We need to use the collecting pattern for credit sales. The percentages of collections are as follows: - Paid during the month of the sale: 65% - 25% was collected one month after the sale. - 5% was collected one month after the sale. How to calculate the money received from credit sales: Amounts received in August based on June sales, $54,625.05 ($84,037 * 0.65). Cash received in August from transactions made in July equals $73,042 * 0.25, or $18,260.50. Cash sales and money received from credit sales combined: Total cash received in August equals the sum of cash received from sales in August, June sales, and July sales. Total funds received in August were $28,543.20, $54,625.05, and $18,260.50 for a total of $101,428.75. As a result, the amount of money collected in August is $101,428.75.

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