The payback period of the machine is approximately 3.89 years.
Capital Budgeting: The given statement belongs to the topic of Capital Budgeting. Capital budgeting is an important tool to help organizations evaluate investments in various projects and decide which ones to pursue. It is a process that helps companies make long-term decisions about investments in projects that will contribute to the growth of the business. The statement is incomplete as it is broken. The statement given is: Deluxe Piano Company is planning to purchase a machine capable of doing certain operations that are not performed manually. To calculate the payback period for the given machine, we need to follow the steps mentioned below:
Step 1: Calculate the annual cash inflow. We know that the additional cash flows generated by the machine over the life of the machine are $9,000 per year. So, annual cash inflow = $9,000
Step 2: Determine the initial investment. The initial investment is the cost of the machine. Initial investment = $35,000
Step 3: Calculate the payback period using the formula: Payback period = Initial investment / Annual cash inflow.
So, the payback period of the machine = $35,000 / $9,000= 3.89 years (approx.)
Therefore, the payback period of the machine is approximately 3.89 years.
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It is important to not only tell the customer the business policy but also to tell them ____________________ the policy is in effect.
Answer: how
Explanation: i think this is it i had it in one of my qustions and this is what i got
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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whats the difference between net, gross, and operating profit
Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.
Answer:
did you finish it cuase i got the same one
Explanation:
Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.
What do you mean by Negative publicity?When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.
Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.
In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.
Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.
Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.
Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.
Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.
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For the construction of short-term patterns, what data is required? 1. Open 2. High 3. Low 4. Close Multiple choice;
a. 1 Only b. 1 and 3 Only c. 2, 3 and 4 Only d. 1, 2, 3, 4
For the construction of short-term patterns, the data required is open, high, low and close. The correct option is option D.
What is dataData is a collection of values that contain information, explaining quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further studied or interpreted. It refers to as basic facts and figures. It is the facts and statistics collected together for reference or analysis. It is a collection of facts and figures that are been used for a specific purposes such like survey, analysis and research.
Data can be numbers, people, images, figures etc.
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A 5-year ordinary annuity has a present value of 1,000
. If the interest rate is 8 percent, the amount of each annuity payment is closest to which of the following?
A.250.44
B.231.91
C. 181.62
D. 184.08
E. 170.44
Answer : The amount of each annuity payment is closest to $116.15.Option E is the correct answer.
Explanation :
What Is the Present Value of an Annuity?
The present value of an annuity is the current value of future payments from an annuity, given a specified rate of return, or discount rate. The higher the discount rate, the lower the present value of the annuity.
Ordinary annuities: An ordinary annuity makes (or requires) payments at the end of each period. For example, bonds generally pay interest at the end of every six months.
Annuities due: With an annuity due, by contrast, payments come at the beginning of each period. Rent, which landlords typically require at the beginning of each month, is a common example.
Present value of the annuity is $1000, the interest rate is 8%, and we need to find out the payment amount. We can use the following formula:
PV = PMT[(1 - (1 / (1 + r)^n)) / r]
Here,PV = present value of the annuity PMT = payment amount r = interest rate n = number of payments
Putting the given values in the above formula:
1000 = PMT[(1 - (1 / (1 + 0.08)^5)) / 0.08]1000 = PMT[(1 - (1 / 1.469328)) / 0.08]1000 = PMT[(1 - 0.680583) / 0.08]1000 = PMT[8.59268]PMT = 1000/8.59268 ≈ 116.1476
Therefore, the amount of each annuity payment is closest to $116.15.Option E is the correct answer.
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Shondra’s family’s monthly net income is $6,654. The family’s budget is shown in the circle graph below. The family decides to increase the savings budget by 3 percent by decreasing one of the variable expenses by 3 percent. A circle graph titled Family Budget. Housing is 30 percent, Food is 27 percent, Savings is 10 percent, Transportation is 12 percent, medical is 7 percent, clothing is 10 percent, emergency fund is 4 percent. If the family decreases the clothing budget by 3 percent, what amount will it have to spend on clothing? Round to the nearest dollar. $266 $466 $645 $665
Answer:
B. 466
Explanation:
All you need to do is take the net income and multiply it with the percentage of the clothing budget. Since the budget for clothing is brought down from 10% to 7% the equation becomes:
\(6654(0.07)=465.78\)
Answer:
I believe that the answer is B
Explanation:
A company's holding cost is 16% per year. Its annual inventory turns are 10. The company buys an item for $40. Round your answer to 2 decimal places.) What is the average cost (in $s) to hold each unit of this item in inventory?
The average cost to hold each unit of this item in inventory is $0.64.
To calculate the average cost to hold each unit of this item in inventory, we need to consider the company's holding cost, annual inventory turns, and the item's cost.
In order to calculate the average cost to hold, follow these steps:1. Determine the holding cost per unit per year:
16% of the item's cost ($40) = 0.16 * $40 = $6.4
2. Determine the number of days in a year for inventory turns:
365 days / 10 turns = 36.5 days per turn
3. Calculate the holding cost per unit for one turn:
($6.4 holding cost per year) * (36.5 days per turn / 365 days) = $6.4 * 0.1 = $0.64
Hence, the average cost to hold each unit of this item in inventory is $0.64.
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the degree to which potential customers perceive new products as superior to existing substitutes is its . question 49 options: a) trialability b) compatibility c) relative advantage d) complexity e) observability
(c) relative advantage. Its relative advantage is the extent to which prospective buyers believe new items to be preferable than current alternatives.
In terms of particular advantages or characteristics, relative advantage refers to the extent to which customers perceive a new brand to be superior to current options. A new brand in a new product area may have a relative advantage, but this is not always the case when measured against objective criteria. The adoption rate of an invention is positively connected with the relative benefit. It indicates that, assuming all other factors remain constant, the faster an innovation's relative benefits assimilate to current products, the faster it will be adopted. On the other hand, here are some comparable drawbacks of a new brand: the cost and complexity of learning to use a new product
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what are the main duties and responsibilities of a Hotel manager
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
What are two types of statements that are exempted from the hearsay rule under Rule 801?
The hearsay rule under Rule 801 includes two types of statements that are exempted from it.
These two types of statements are statement of party-opponent and prior statements of the witness.What is the hearsay rule? The Hearsay Rule is a legal principle that only permits evidence of things stated out of court, which is being presented in court to prove the truth of the matter stated, if that statement falls into an exception or exclusion to the hearsay rule. The hearsay rule excludes certain statements made outside of the courtroom as evidence to prove the truth of the matter stated.
Types of statements that are exempted from the hearsay rule under Rule 801 The following are the two types of statements that are exempted from the hearsay rule under Rule 801: Statement of Party-opponent: A statement is not hearsay if the statement is offered against a party and is a statement that is either the party's own statement or the statement of an agent or employee of the party. The statement is admissible in court, even if it is hearsay.
Prior Statements of the Witness: A prior statement of the witness is not hearsay if the statement is inconsistent with the witness's testimony at trial and the statement was given under penalty of perjury at a prior proceeding or deposition. It's also not hearsay if it's consistent with the witness's testimony and is offered to rebut an allegation that the witness fabricated his or her testimony.
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How is a game designer different from a writer?
Answer:game desighners are mostly online
Explanation:
Source documents are useful when applying the cost principle. True False
The given statement "Source documents are useful when applying the cost principle." is true because the cost principle is an accounting principle that requires companies to record assets at their original cost of purchase or production and avoid adjusting the value based on inflation or market fluctuations.
In other words, the cost principle prohibits companies from increasing the value of assets beyond the amount they paid to acquire them.Source documents are crucial when applying the cost principle because they provide evidence of the amount paid to acquire the assets. Source documents are original records that show the details of a transaction. Examples of source documents include purchase orders, invoices, receipts, and canceled checks.
These documents provide the necessary information to record transactions accurately, which is essential when applying the cost principle. By using source documents, companies can ensure that their accounting records reflect the actual cost of assets and avoid overvaluing them. Therefore, source documents play a critical role in supporting the application of the cost principle.
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HELPPPPP ASAPPP PLS!!What is one way to advance a career once you have started a job?
Become popular among your coworkers by keeping bowls of treats on your desk and inviting them to take some whenever they meet.
Seize every opportunity to talk about your accomplishments, especially when important people are around.
O Go to trade shows or professional conferences that are sponsored by various professional organizations
O Try to become a "favorite" among supervisors and other decision makers.
Answer:
If you want promotion then second but it won't help you anything to your career except promotion. If you want to advance career, you need connection so choose first one.
Three types of lobbying?
A bike cost $125 and has a 6% tax. What will your final cost be?
Answer: 132.5
Explanation: 6 Percent can be written as 0.06 as 0.06 is 6% of 1.00. If we take 0.06 and multiply it by 125 you get 7.5. This is the amount owed for tax, now add the tax amount by the bike cost and you get the final amount due, $132.5
When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section
When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
What is the indirect method for a cash flow statement?The indirect method for a cash flow statement serves as one of the methods that helps in the presentation of data which can be used to display the expenditure of a company during a certain period .
This method takes the company's net income , then perform addition or subtraction on balance sheet items to determine cash flow.
hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
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1. During light phase of photosynthesis. Medien
is oxidised and MANA
is
reduced.
Explanation:
The light reaction takes place in thylakoid discs. There, water is oxidized and oxygen is released. The hydrogen is accepted by NADP and hence get reduced to NADPH 2In which three areas did NAFTA reduce or eliminate tariffs?
Answer: On agriculture, textiles, and automobiles.
Explanation:
The correct answer is U.S., Canada, and Mexico.
The North American Free Trade Agreement (NAFTA) was implemented to promote trade between the U.S., Canada, and Mexico. The agreement, which eliminated most tariffs on trade between the three countries, went into effect on Jan. 1, 1994.
What tariffs did NAFTA eliminate?On January 1, 1994, Mexico eliminated tariffs on nearly 50 percent of all industrial goods imported from the United States, including some of our most competitive products such as machine tools, medical devices, semiconductors and computer equipment, and telecommunications and electronic equipment.
How did NAFTA benefit all 3 countries?NAFTA boosted trade by eliminating all tariffs among the three countries. It also created agreements on international rights for business investors. That reduced the cost of commerce. It spurs investment and growth, especially for small businesses.
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what is business process reengineering? group of answer choices the analysis and redesign of workflow within and between enterprises a standardized set of activities that accomplish as specific task, such as processing a customer's order integrates all departments and functions throughout an organization into a single it system so that employees can make decisions by viewing enterprise wide information on all business operations none of the above
Business process reengineering the analysis and redesign of workflow within and between enterprises a standardized set of activities that accomplish as specific task.
Business manner reengineering. Also called manner innovation and center manner remodel refers to the look for and implementation of radical extrude in an enterprise manner to different step forward results. Customer-dealing with techniques include order processing, purchaser service, income processing, purchaser billing and order shipping. Business-dealing with manner include strategic planning, tactical planning, finances forecasting, education and the buying of uncooked materials.
Business Process Reengineering reduces prices and cycle instances via way of means of putting off unproductive sports and the personnel who carry out them. Reorganization via way of means of groups decreases the want for control layers, hastens statistics flows and removes the mistakes and transform because of a couple of handoffs
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Describe the major components of business conduction plan.
Helppp AHHHH
Answer:
Heya there!
Here's ya answer.
Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordinationExplanation:
Depending on a person's _____, he or she may be held to a higher standard of care.
place of residence
personality
wealth
profession
The two-way relative frequency table shows the relative frequencies of late-night workers and day workers who do or do not drink coffee. What percent of late-night workers do not drink coffee? Enter your answer in the box. % Work late-night jobs Work day jobs Drink coffee 0. 733 0. 455 Do not drink coffee 0. 267 0. 545.
Per cent of late-night workers who do not drink coffee is 26.7%.
Given information, Two-way relative frequency table: Work late-night jobs Workday jobs Drink coffee 0.733 0.455 Do not drink coffee 0.267 0.545
We are given that the two-way relative frequency table shows the relative frequencies of late-night workers and day workers who do or do not drink coffee. We are to find out what per cent of late-night workers do not drink coffee. To calculate the per cent of late-night workers who do not drink coffee, we need to find the value in the table which corresponds to Working late-night jobs and not drinking coffee.
This value is given as 0.267. Therefore, the percentage of late-night workers who do not drink coffee is 26.7% which is obtained by multiplying 0.267 by 100. Per cent of late-night workers who do not drink coffee is 26.7%.
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A company reported annual sales revenue of $2,217,600. During the year, accounts receivable decrease from a $81,600 beginning balance to a $55,680 ending balance.
How much cash was received from customer for the year?
The cash received from customers for the year was $2,243,520.
To determine how much cash was received from customers for the year, we need to take into account the decrease in accounts receivable.
A decrease in accounts receivable means that customers paid their outstanding balances, which resulted in a decrease in the amount owed by customers to the company.
To calculate cash received from customers, we can use the following formula:
Cash Received from Customers = Sales Revenue + Beginning Accounts Receivable Balance - Ending Accounts Receivable Balance
Plugging in the given values, we get:
Cash Received from Customers = $2,217,600 + $81,600 - $55,680
Cash Received from Customers = $2,243,520
Therefore, the cash received from customers for the year was $2,243,520.
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if demand for a product is elastic, which one of the following would be true? a. a decrease in price would increase total revenue. b. an increase in price would be total revenue neutral. c. a decrease in price would decrease total revenue. d. an increase in price would increase total revenue.
If demand is elastic,(A) a decrease in price will increase total revenue.
If demand is elastic at a given price level, then should a company cut its price, the percentage drop in price will result in an even larger percentage increase in the quantity sold thus raising total revenue.
Elasticity alludes to the adjustment of the purchaser's interest or the provider's capacity to create contingent upon the adjustment of the cost of a product or the pay.
At the point when the interest is versatile, individuals can change or adjust their requests right away. Thus, this truly intends that assuming that the cost of ware will be expanded, individuals won't buy that much on that item. This will then influence the absolute income of the organization. Because of low interest for the item, the absolute income will diminish.
Hence option (A) is correct.
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example of updates of the outputs of the plan risk responses
The outputs of the plan risk responses process in project management include a risk management plan, a risk register, risk response strategies, and a risk owner assignment. These outputs are subject to updates as the project progresses and new risks emerge or existing risks change.
Here are some examples of updates to the outputs of the plan risk management plan:
Risk register: As new risks are identified during project execution, they must be added to the risk register. Conversely, risks that have been mitigated or avoided can be removed from the risk register. The probability and impact of existing risks may also change, requiring updates to the risk register.Risk response strategies: The effectiveness of risk response strategies may need to be reevaluated as the project progresses. For example, a risk that was originally planned to be avoided may become unavoidable due to changes in project scope or resources. In such a case, the risk response strategy would need to be updated to reflect a new approach, such as risk mitigation or transfer.Risk management plan: The risk management plan may need to be updated to reflect changes in project scope or objectives. For example, if the project timeline is extended, the risk management plan may need to be updated to include additional risk response strategies or contingency plans.By updating the outputs of the plan risk responses process as needed, project managers can ensure that the project remains on track and that risks are effectively managed throughout the project lifecycle.
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Which item is important to consider when selecting a
credit card?
Annual Percentage Rate (APR)
Fees
The look of the credit card
th
Both APR and fees
Answer:
Both APR and fees
Explanation:
The Annual Percentage Rate -APR is the interest rate a customer pays on a credit card per year. Credit cards extend loans to the holder every time they are used. If the credit card user does not pay the full amount on the due date, it attracts interest charges. The higher the APR, the more interest a cardholder will pay. In selecting a credit card provider, APR is the most important factor to consider.
Credit card attracts other fees other the interest. These fees include Balance Transfer Fee, Foreign Transaction Fee, Annual Fee, and Cash Advance Fee. These fees affect the customer's overall cost of using the credit card. Customers should compare different credit card companies and select one with favorable fees.
Jennifer Rodriguez plans to attend graduate school in 5 years. She thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. What type of computation should she use?
Answer:
"Future value of an annuity" is the appropriate solution.
Explanation:
The future amount of an annuity seems to be the interest or price of a collection of additional payments throughout the aggregate beyond a certain point of time, considering a better rate of interest, or dividend yield. The higher the demand, the greater the potential quality of the investment account.What information about the competition would an entrepreneur want to open a house-cleaning business that was based upon a price-competition marketing strategy?
Answer:
The information regarding the competition that an entrepreneur would like to have to establish a business based on a price competition with other companies would be, precisely, the price at which they offer their products or services, as well as the price at which they get the inputs they use.
Thus, through this information, the entrepreneur could establish a business plan taking into account the profit margins of his competition, evaluating lowering the margins of his venture in order to capture a large market share, removing it from the competition.
If you were responsible for developing the criteria to reduce the workforce at your site (Imagine you are the HR Director for your organization) what would you say and how would you communicate this action to your workforce? Prepare your statement that will be delivered at an all employee meeting on this coming Friday at noon that outlines your plan. Remember everything that you have learned so far (Especially the midterm assignment). Craft your notice and post it. Your statement must be at least 150 words.
The notice regarding the workforce reduction at the site will include the reason for downsizing, the criteria to identify the employees who will be impacted such as performance, skills, and attendance as well as the handling of the situation.
The notice to communicate the reduction in the workforce at the site is as follows.
As the HR Director of this organization, I am sorry to inform you all that due to current market conditions, we must reduce our workforce. This decision was not easy for us to make, and we recognize that it will be difficult for many of our employees.
We have set certain criteria to identify the employees who will be impacted. These criteria include analyzing the employee's performance and contribution to the company, their attendance and disciplinary records, and their critical skills. We have also considered the department's needs and the potential impact of job loss on the workforce.
We are committed to handling this situation with the utmost transparency and fairness. We will make every effort to communicate with you directly and provide you with the information you need to make informed decisions.
We understand that this news is upsetting and will cause anxiety and concern for those impacted. We want to remind everyone that we offer a variety of support services to assist you during this time, including job search assistance, financial counseling, and emotional support.
We value our employees and appreciate the hard work and dedication each of you has shown. We are committed to treating you with respect and dignity throughout this process, and we will do everything we can to make this transition as smooth as possible.
Thank you for your understanding, and please feel free to reach out to our HR team if you have any questions or concerns.
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