According to Rent the Runway, the majority of e-commerce shoppers tend to purchase brands they are already familiar with. However, Rent the Runway has found that around 90% of their customers rent brands they've never bought before.
This is because Rent the Runway allows customers to rent high-end clothing and accessories from over 700 designer brands at a fraction of the retail price, making it more accessible to try out new and unfamiliar brands.
The company's business model is centered around providing customers with a unique and personalized experience, encouraging them to experiment with different styles and brands they may not have considered otherwise. This approach has been successful in attracting and retaining a loyal customer base.
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venta al contado de mercancia por $2.300.000=; iva: 19%: cual de las siguientes cuentas no corresponde
a. de mercancia
b. comercio al por mayor y por menor
c. iva
d. caja
Answer:
La cuenta que no corresponde al registro contable planteado es la B, comercio al por mayor y por menor.
Esto es así porque, al realizarse una venta al contado de mercancía por $2.300.000, con un IVA adicional del 19%, se están entregando mercancías, con lo cual se registra dicha salida de productos en el debe (opción A), ingresa un dinero correspondiente a IVA (opción C), y a su vez ingresa un monto de dinero que engrosará la caja del comercio, registrándose en el haber (opción D).
Match the example with the type of individual difference and advantage it shows.
Answer:
Sergey likes to play soccer in his free time = Hobbies
Scott's parents moved from the U. S. to Australia = Background
Bihn wants to make enough money to send his children to school = goal
Yolanda us outgoing and able to make friends quickly = Ability
Cheyenne is currently working as a junior dance teacher in a big studio, to learn what she would need to know when she opens her own someday = experience
Melanie cares about fitness and the outdoors so she often participates in active outdoor activities like biking and mountain climbing = Lifestyle
Amandos favourite subject in school is world history = interest
Lightskins or Darkskins
Or Other ?
Answer:
any kind of boy
Explanation:
I have no type
How is BP spill different from Exxon oil spill?
The BP Deepwater Horizon oil spill and the Exxon Valdez oil spill are two of the most notable oil spills in history, and while there are some similarities between them, there are also significant differences.
Location: The BP Deepwater Horizon oil spill occurred in the Gulf of Mexico in 2010, while the Exxon Valdez oil spill occurred in Alaska's Prince William Sound in 1989.Volume of Oil Spilled: The BP Deepwater Horizon oil spill released an estimated 210 million gallons of oil into the Gulf of Mexico, making it one of the largest oil spills in history. In contrast, the Exxon Valdez oil spill released an estimated 11 million gallons of oil.Cause of the Spill: The BP Deepwater Horizon oil spill was caused by blowout at a deepwater well, which led to an explosion and subsequent oil release. In contrast, the Exxon Valdez oil spill was caused by the grounding of a tanker ship on a reef.
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Consider the reaction. Upper H subscript 2 upper o (g) plus upper C l subscript 2 upper O (g) double-headed arrow 2 upper H upper C l upper O (g). At equilibrium, the concentrations of the different species are as follows. [H2O] = 0. 077 M [Cl2O] = 0. 077 M [HClO] = 0. 023 M What is the equilibrium constant for the reaction at this temperature? 0. 089 0. 26 3. 9 11.
The equilibrium constant for the reaction at this temperature is approximately 0.089.
What is the equilibrium constant for the given reaction at the specified temperature, where [H2O] = 0.077 M, [Cl2O] = 0.077 M, and [HClO] = 0.023 M?To determine the equilibrium constant for the given reaction, we can use the concentrations of the species at equilibrium. The equilibrium constant, denoted as Kc, is defined as the ratio of the product concentrations to the reactant concentrations, with each concentration raised to the power of its stoichiometric coefficient.
For the reaction: H₂O(g) + Cl₂O(g) ⇌ 2HClO(g)
The concentrations at equilibrium are:
[H₂O] = 0.077 M
[Cl₂O] = 0.077 M
[HClO] = 0.023 M
Using these values, we can calculate the equilibrium constant:
Kc = ([HClO]²) / ([H₂O] × [Cl₂O])
Substituting the given concentrations:
Kc = (0.023 M)² / (0.077 M × 0.077 M)
Kc = 0.000529 / 0.005929
Kc = 0.089
Therefore, the equilibrium constant for the reaction at this temperature is approximately 0.089.
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Does this economic business cycle look labeled correctly?
This economic business cycle does not look labeled correctly.
What is The Business Cycle?The business cycle model shows how a country's real GDP fluctuates over time, going through phases in which total output rises and falls. In an emerging economy, the business cycle indicates steady growth in potential output over time.
Phases and turning points of the business cycle
The usual business cycle is divided into four stages, which are as follows:
Expansion: occurs when real GDP rises and unemployment falls.
Peak: the moment in the business cycle when output ceases to rise and begins to fall.
Recession: When output falls and unemployment rises, this is referred to as a recession.
Trough: The moment at which a recession stops and output begins again.
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Check all of the following that are correct that can have a single owner ? MARK YOU THE BRAINLIEST!
The establishment/items that can ave a single owner includes:
Sole proprietorshipPrivate corporationNon-profit corporationWhat is a single owner?This refers to any form of establishment that can be owned and operated by a natural person.
Therefore, in the list, the Sole proprietorship, Private corporation and Non-profit corporation are establishment that can have a single owner.
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a hipps (health insurance prospective payment system) code is a five-character alphanumeric code. a hipps code is used by home health agencies (hha) and ____.
A HIPPS code is a five-character alphanumeric code used by home health agencies (HHAs) to report specific medical diagnoses and procedures to Medicare.
The HIPPS codes are used to determine the reimbursement amount for home health services provided to Medicare beneficiaries. The codes are based on the International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM) and are used to classify home health services into one of 370 categories. The HIPPS codes are used by Medicare to determine the reimbursement amount for home health services provided to Medicare beneficiaries.
Each HIPPS code represents a specific diagnosis or procedure, and the code is used to determine the amount of reimbursement that Medicare will provide for the home health services provided to the beneficiary. The codes are used to ensure that home health agencies are reimbursed appropriately for the services they provide and to help ensure that the Medicare program is operating efficiently.
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Develop an ice cream business plan that would explain the Business and Industry Profile which includes:
Market size and growth trends
Significant industry trends
Strength of major companies in the market
Competitor’s market share.
Competitors’ products and strategies
By offering a distinctive product range, implementing effective marketing strategies, and leveraging emerging trends, our business can carve out a significant market share and cater to the evolving demands of ice cream consumers.
Market Size and Growth Trends:
The ice cream industry is a thriving market with a significant consumer base worldwide. According to market research, the global ice cream market was valued at $xx billion in 2020, and it is projected to grow at a CAGR of xx% from 2021 to 2026. The increasing demand for frozen desserts, indulgence products, and innovative flavors has contributed to the growth of the industry.
Significant Industry Trends:
Health and Wellness: Consumers are increasingly seeking healthier options in the ice cream segment, leading to the rise of low-fat, sugar-free, and dairy-free alternatives. The demand for organic and natural ingredients is also gaining momentum.
Premium and Artisanal Offerings: There is a growing trend towards premium and artisanal ice cream products, with consumers willing to pay higher prices for unique flavors, high-quality ingredients, and handcrafted experiences.
Sustainability and Social Responsibility: Environmental consciousness and ethical sourcing are becoming important factors for consumers. Brands that prioritize sustainable practices, such as using biodegradable packaging or supporting fair trade, are gaining a competitive edge.
Strength of Major Companies in the Market:
The ice cream market is dominated by several major players, including industry giants such as Nestlé, Unilever, and General Mills. These companies have established strong brand recognition, extensive distribution networks, and diverse product portfolios. They have the financial resources and marketing capabilities to drive innovation, invest in research and development, and adapt to changing consumer preferences.
Competitor's Market Share:
Competitor analysis is essential to understanding the market dynamics. By assessing market research and industry reports, it is important to identify the key competitors in the specific market region. Each competitor's market share can vary depending on the region and consumer preferences. Conducting a comprehensive analysis of competitors' market share will provide valuable insights into the competitive landscape and help identify opportunities and challenges.
Competitors' Products and Strategies:
Ice cream competitors offer a wide range of products, including traditional flavors, specialty flavors, gelato, frozen yogurt, and novelties. Product differentiation is often achieved through unique flavor combinations, premium ingredients, and creative packaging. Strategies employed by competitors may include effective branding, marketing campaigns, strategic partnerships, and continuous product innovation.
It is crucial for our ice cream business plan to evaluate competitors' strengths, weaknesses, and market positioning to develop a competitive advantage.
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“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
Suppose ron is willing to pay $200 to see a professional basketball game and felix is willing to pay $150. Assume the normal price of a ticket is $125. The local government decides to impose a $35/ticket surcharge to raise revenue, causing the ticket price to rise to $160. The resulting deadweight loss is.
The resulting deadweight loss is $ 25.
deadweight loss = ($200 - $150)/2
=$25
Total economic impact that includes direct financial loss and oblique economic loss. Direct financial loss: the financial fee of overall or partial destruction of bodily assets existing within the affected vicinity. Direct financial loss is almost equal to bodily damage.
Things that cause monetary loss can be damages to personal property or enterprise property, illnesses as a result of fitness requirements no longer being met by using a enterprise, or a loss of clients or customers. these things can both at once or indirectly result in financial losses.
There are two styles of monetary loss: natural financial loss and consequential monetary loss.
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Deflation:_____.
a. can cause budget surpluses.
b. can lead to increased output.
c. does not affect output.
d. can lead to decreased output.
Deflation can lead to decreased output .
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Deflation can lead to decreased output in a way that the demand of goods is way too high therefore the purchasing power is elevated. And the prices of goods is also lower.
Additionally, manufacturers may get skeptical about producing goods due to the low prices for the goods that affect them.
Although, it may seem like the fact that prices are lower is good, deflation can drastically affect the economy and lead into recession and depression.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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case eight glasses the objective is to choose the plan that has the lowest cost. which plan would you recommend?2. presumably, information about the new line has been shared with supply chain partners. explain what information would be shared with various partners, and why sharing that information is important.s a day
It is important to consider not only the cost but also the benefits and any potential drawbacks.
Regarding the second question, if information about a new line has been shared with supply chain partners, it is likely that details about the product, its features, and specifications would be shared.
how to choose the plan with the lowest cost:
1. List down all the available plans and their associated costs.
2. Compare the costs of each plan.
3. Select the plan with the lowest cost.
Regarding the second part of your question, when introducing a new product line, sharing information with supply chain partners is crucial. Here's what information might be shared and why:
1. Product specifications: Partners need to understand the product's design, dimensions, and materials to produce, handle, or store it properly.
2. Production timeline: This helps partners to plan their operations accordingly, ensuring they have the necessary resources and capacity to meet demand.
3. Order forecasts: Sharing anticipated order quantities helps partners optimize their inventory management and avoid stockouts or excess inventory.
4. Packaging requirements: Partners need to know how the product should be packaged and labeled for shipping and storage.
5. Delivery expectations: Communicating expected delivery times ensures that partners can plan transportation and logistics accordingly.
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Kim-Su found an apartment that she wants to rent. The rent is $715 per month and there is a security deposit of $465. To move in, Kim-Su must have first month's rent, last month's rent and the security deposit. How much does Kim-Su need to move in? a. $1180 b. $1,645 c. $1,895 d. $2,360.
Given the information provided above, including the monthly rent and security deposit, Kim-Su is needed to pay the first month's rent, the last month's rent, and the security deposit.
Option c is the amount required money to move for Kim-Su.
Given:Rent per Month = $715
Security Deposit = $465
The computation:\(715 + 715 + $465 = $1,895.\)
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Answer:
C
Explanation:
two factors that help companies determine the growth potential of foreign markets are purchasing power and foreign competitors. T/F?
False. While purchasing power and foreign competitors can be factors in determining the growth potential of foreign markets, they are not the only factors. There are other important considerations such as market size, economic indicators, consumer behavior, regulatory environment, and cultural factors that also play a significant role.
Assessing the growth potential of foreign markets requires a comprehensive analysis that goes beyond just purchasing power and foreign competitors. While purchasing power is an important factor as it indicates the ability of consumers to spend on products or services, it alone does not provide a complete picture of market potential. Market size is equally crucial, as a large market with high purchasing power can present significant growth opportunities.
In addition, the presence and strength of foreign competitors can influence market dynamics, but they do not solely determine growth potential. Companies must also consider economic indicators such as GDP growth, inflation rates, and employment levels to gauge the overall economic stability and potential for growth in a foreign market.
Understanding consumer behavior is essential, including factors such as preferences, purchasing habits, and cultural nuances that can impact market demand. Moreover, the regulatory environment, including trade policies, taxation, and legal frameworks, can significantly affect market entry and growth prospects.
To accurately assess the growth potential of foreign markets, companies must consider a range of factors, including market size, economic indicators, consumer behavior, regulatory environment, purchasing power, and foreign competitors
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Explain what a trade war is
Answer: A trade war happens when one country retaliates against another by raising import tariffs or placing other restrictions on the other country's imports.
Explanation:
Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
Explain the importance of team dynamics (plz help)
Team dynamics in the workplace are important because they impact creativity, productivity and effectiveness. Since group work is integral to organisations, improving group dynamics can lead to better work outcomes, customer satisfaction and an improved bottom line.
According to _____, location-specific advantages are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.
Multiple Choice
a. the infant industry argument
b. market imperfections theory
c. internalization theory
d. the eclectic paradigm
e. Knickerbocker's theory
The correct option d. the eclectic paradigm. According to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
Explain about the foreign direct investment?The goal of obtaining a long-term interest in a company located in another economy by an investor from one economy is reflected in the type of international investments known as foreign direct investment (FDI).
For instance, a US business may buy stock in a foreign firm that provides it with all the raw resources it requires. A corporation invests together in foreign company that is irrelevant to its main business in a conglomerate FDI.Economic theory, also referred to as the OLI model as well as OLI framework, is the eclectic paradigm. It gets over the drawbacks of fragmentary theories of global production and offers a comprehensive framework in which alternative and related theories of global production can coexist.Thus, according to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
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Float is defined as the:Multiple Choiceamount of cash a company can immediately withdraw from its bank account.difference between book cash and bank cash.change in the cash balance from one accounting period to the next.
What is a mixed economy simple definition?
A mixed economy is an economic system that combines elements of a market economy with elements of a planned economy. This type of economy is characterized by the coexistence of private enterprise and public ownership. In other words, in a mixed economy, both the government and private individuals have control over the production and distribution of goods and services.
In a mixed economy, the government plays a role in regulating certain aspects of the economy, such as protecting the environment, ensuring safety and fairness in the marketplace, and providing a safety net for those in need. At the same time, the private sector is free to make decisions based on market forces and to invest in businesses that they believe will be profitable.
One of the key features of a mixed economy is the balance between government intervention and market forces. The government intervenes in the economy to address market failures, such as monopolies and externalities, but allows the market to determine the prices and allocation of resources in other areas.
Another feature of a mixed economy is the presence of both private and public ownership. Private ownership allows for the benefits of the market, such as innovation and efficiency, while public ownership provides for the provision of goods and services that may not be profitable but are deemed necessary for the general welfare, such as education and healthcare.
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When a driver encounters bad weather,the first thing to do is to look for the controls for things like the defroster,wipers,and lights. True or false
Answer:
true
Explanation:
When a driver encounters bad weather, the first thing to do is to look for the controls for things like the defroster, wipers,and lights is a true statement.
Who is a driver?A driver is a worker who transports customers in a quick, safe, and effective manner. Drivers select routes based on the state of the roads in as well as keeping up with weekly/monthly maintenance schedules for their vehicles and handling on-time payments.
if a person is driving and encounters bad weather it will be in respect to various things like d foster, wiping controlling and the light that is being provided at that point in time. Then that person must first defrost and white the things so that there will not be any kind of damage or accident that might happen on the road or collision with another.
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What value would be returned in Excel cell d49?
It should be noted that the value returning will be 1 in Excel cell d49.
Counting the cells that would match a set of criteria is the sole goal of a COUNTIFS function. The number of times the criteria are satisfied would be the value that is returned in such a situation.
=COUNTIFS is the function's name (range1, criteria1, range2, criteria2, . . . )
It will therefore assess the first range and its criteria, the second range, etc. Due to the fact that the criteria are only matched once, the value returned would be 1.
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Which of the following conclusions is compatible with this graph?
o
A. The United States has an oversupply of petroleum
B. The United States has a scarcity of petroleum
C. The United States exports more oil today than it did in the past.
D. The United States imports more oil today than it did in the past
Answer:
I hope this helps
Explanation:
The answer is A
The conclusion that is compatible with this graph is that the United States has an oversupply of petroleum. The correct option is a.
What is a graph?A graph is a structure amounting to a set of objects in which some pairs of the objects are in some sense related. The objects correspond to mathematical abstractions called vertices and each of the related pairs of vertices is called an edge. Typically, a graph is depicted in diagrammatic form as a set of dots or circles for the vertices, joined by lines or curves for the edges. Graphs are one of the objects of study in discrete mathematics.
The edges may be directed or undirected. For example, if the vertices represent people at a party, and there is an edge between two people if they shake hands, then this graph is undirected because any person A can shake hands with a person B only if B also shakes hands with A.
In contrast, if an edge from a person A to a person B means that A owes money to B, then this graph is directed, because owing money is not necessarily reciprocated.
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the price-quantity combination found where the supply and demand curves intersect is a unique combination that is efficient because
producers can sell as much as they want
total surplus is maximized
tax revenue is sufficient to pay for government services
consumers can buy as much as they want
new products are being introduced
The price-quantity combination found where the supply and demand curves intersect is a unique combination that is efficient because the total surplus is maximized. Thus, option B is the correct option.
The price-quantity combination found at the intersection of the supply and demand curves is known as the equilibrium point. This equilibrium represents the market's most efficient allocation of goods and services. At this point, the quantity supplied equals the quantity demanded, ensuring that there is no excess supply or excess demand in the market.
Total surplus refers to the overall welfare or benefit generated by a market transaction. It is the sum of consumer surplus (the difference between the maximum price consumers are willing to pay and the actual price) and producer surplus (the difference between the minimum price producers are willing to accept and the actual price). The equilibrium point maximizes total surplus because it allows for the greatest overall satisfaction or welfare for both consumers and producers.
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6. Income Statement, Straight Line Depreciation . A project has a first cost of $315,000, with no salvage value. It will generate annual revenues of $75,000, annual expenses of $25,000, and has a recovery period/project life of 12 years. (Note these Rate of Returns can be solved relatively easy without Excel). a. Using straight line depreciation, an effective tax rate of 25%, and an after-tax MARR of 9% per year (12% per year before-tax), construct a complete cash flow statement. b. What is the NPV of the before-tax cash flow? What is the before-tax Internal Rate of Return (IRR)? c. What is the NPV of the after-tax cash flow? What is the after-tax Internal Rate of Return (IRR)? d. Based on the results of parts b&c, would you recommend the project?
a. To construct a complete cash flow statement, we need to calculate the annual depreciation, taxes, and net cash flow.
Annual depreciation = (First cost - Salvage value) / Recovery period
Annual depreciation = ($315,000 - $0) / 12 years
Annual depreciation = $26,250
Taxes = (Annual revenues - Annual expenses - Depreciation) x Tax rate
= ($75,000 - $25,000 - $26,250) x 0.25
= $5,437.50
Net cash flow = Annual revenues - Annual expenses - Taxes - Depreciation
Net cash flow = $75,000 - $25,000 - $5,437.50 - $26,250
Net cash flow = $18,312.50
The complete cash flow statement for each year is:
b. To calculate the before-tax NPV and IRR, we need to discount the before-tax net cash flows at the before-tax MARR of 12%.
Before-tax NPV = -$315,000 + ∑[Net cash flow / (1 + 0.12)^t]
Before-tax NPV = -$315,000 + ($18,312.50 / 1.12) + ($18,312.50 / 1.12^2) + ... + ($18,312.50 / 1.12^12)
Before-tax NPV = $17,840.67
Using Excel or a financial calculator, we can also find the before-tax IRR to be 12.53%.
c. To calculate the after-tax NPV and IRR, we need to adjust the net cash flows for taxes and discount them at the after-tax MARR of 9%.
After-tax net cash flow = Net cash flow - Taxes
After-tax net cash flow = $18,312.50 - $5,437.50
After-tax net cash flow = $12,875
After-tax NPV = -$315,000 + ∑[After-tax net cash flow / (1 + 0.09)^t]
After-tax NPV = -$315,000 + ($12,875 / 1.09) + ($12,875 / 1.09^2) + ... + ($12,875 / 1.09^12)
After-tax NPV = $1,870.26
Using Excel or a financial calculator, we can also find the after-tax IRR to be 10.47%.
d. Based on the results of parts b&c, we would recommend the project because both the before-tax NPV and after-tax NPV are positive and the before-tax IRR and after-tax IRR are greater.
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The end goal of budgeting is to plan and ____ organizational finances successfully?
A. justify
B. control
C.explain
D.increase
Answer:
B
Explanation:
Controlling is another organizational goal
which additional revenue stream do you suggest? a commission-based resale section a mobile app that works in conjunction with the website
I would recommend implementing a mobile app that works in conjunction with the website as an additional revenue stream. A mobile app can provide several benefits, including increased accessibility, user engagement, and additional monetization opportunities.
Step 1: Develop a mobile app that is compatible with your website, providing a seamless user experience across both platforms.
Step 2: Integrate features that encourage user interaction, such as personalized recommendations, push notifications, and loyalty programs.
Step 3: Monetize the mobile app through various methods, such as in-app purchases, premium subscriptions, and in-app advertising.
Step 4: Promote the mobile app through marketing efforts, including social media, email marketing, and app store optimization, to drive downloads and increase user engagement.
Step 5: Collect user feedback and analyze app usage data to continually improve the app and provide additional value to users.
By creating a mobile app that complements your website, you can leverage the growing trend of mobile usage and provide users with a convenient way to access your services. Additionally, this approach offers multiple opportunities for revenue generation and can help drive overall business growth.
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Another reason fueling the boom in fast-growing technology services is _____, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.
Available options are:
A. Esako and M-Pesa
B. Big data and Business analytics
C. Social media
D. Sproxil
Answer:
Social media
Explanation:
Social media is an internet-based or online platform that allows different registered users to share various forms of information and content, among other users, from anywhere across the globe.
Hence, given the available options, Another reason that is fueling the boom in fast-growing technology services is SOCIAL MEDIA, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.