Based on the provided information, management should make the investment to improve the average service time per terminal dock from 30 minutes to 25 minutes. The increased cost of $18,000 per year would be offset by the potential profit gain resulting from reduced truck waiting time.
The current average service rate per dock is 2 trucks per hour, which translates to 30 minutes per truck. By investing in extra employees and equipment, the management aims to reduce the average service time per truck to 25 minutes, improving efficiency.
To determine whether the investment is worthwhile, we need to consider the potential profit gain resulting from reduced truck waiting time. Management estimates that for each minute of reduced waiting time, the company's profit would increase by $1,000 per year.
By reducing the service time per truck by 5 minutes, the company would save 5 minutes for each truck that enters the terminal. Considering the average arrival rate of 5 trucks per hour, this would result in a potential profit gain of 5 minutes * 5 trucks/hour * $1,000/minute = $25,000 per year.
Comparing the potential profit gain of $25,000 per year to the investment cost of $18,000 per year, it is clear that the investment would be beneficial. The increased profit outweighs the cost, making it a favorable decision for the management to make the investment and improve the average service time per terminal dock.
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What kinda of block can result from poor language skills
Answer:
Lack of communication can cause minunderstanding and confusion with both parties
Explanation:
in an integrated audit, what must the auditor communicate to the audit committee? known material weaknesses all control deficiencies yes / yes
Yes Yes, All serious flaws and material weaknesses found during the audit must be reported in writing by the auditor to management and the audit committee. Prior to the publication of the auditor's report on the financial accounts, the written communication should be made.
An audit is an examination of a company's annual report-presented financial report by an independent third party. The goal of an audit is to make a conclusion regarding the financial statements' fairness and conformance to relevant accounting principles. Internal audits, external audits, and Internal Revenue Service (IRS) audits are the three main categories of audits. External audits are typically performed by Certified Public Accounting (CPA) firms, and the audit report includes the auditor's opinion. A job audit is a formal process where a compensation specialist meets with the management and employee to talk about and investigate the present obligations of the employment.
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compute the profitability index for each investment proposal. (round your answers to 2 decimal places.) 2. rank the proposals in terms of preference.
For every dollar invested in Proposal A, we can expect a return of $1.10. Proposal B is the better investment proposal. It has a higher profitability index, which indicates that it will provide higher returns per dollar invested.
To compute the profitability index for each investment proposal, we need to follow these steps: Step 1: Calculate the present value of cash inflows To find the present value of cash inflows, we multiply the cash inflows for each year by their respective present value factors. Present value factor = 1 / (1 + discount rate)^n Where n = number of years and the discount rate = the required rate of return Year Cash Inflows Present Value Factor Present Value of Cash Inflows Proposal A Present Value Factor: Year 1: $50,000 × 0.9434 = $47,170Year 2: $75,000 × 0.8890 = $66,675Year 3: $60,000 × 0.8396 = $50,376Total present value of cash inflows for proposal A = $47,170 + $66,675 + $50,376 = $164,221Present Value Factor: Year 1: $80,000 × 0.9434 = $75,472Year 2: $50,000 × 0.8890 = $44,450Year 3: $40,000 × 0.8396 = $33,584Total present value of cash inflows for proposal B = $75,472 + $44,450 + $33,584 = $153,506Profitability Index: Profitability Index = Present Value of Cash Inflows / Initial Investment Proposal A: Profitability Index = $164,221 / $150,000 = 1.10Proposal B:Profitability Index = $153,506 / $125,000 = 1.23Ranking of Proposals: Proposal B has the higher profitability index of 1.23, which indicates that it is the better investment proposal. Therefore, Proposal B should be preferred over Proposal A. Profitability index is the ratio of the present value of future cash flows divided by the initial investment. It is a useful tool for investors to evaluate investments. The profitability index helps investors in identifying the investments that provide the highest returns per dollar invested. In this question, we have two investment proposals, A and B. We have computed the present value of cash inflows for each proposal and then calculated the profitability index for each proposal.Proposal A has a profitability index of 1.10, while Proposal B has a profitability index of 1.23. This means that for every dollar invested in Proposal B, we can expect a return of $1.23.
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Game theory is a model for describing oligopoly price decisions among firms that are: a. interdependent. b. independent. c. regulated d. merging
The correct answer is option a). interdependent.
Game theory is a mathematical framework for analyzing and predicting the behavior of rational decision-makers in situations where the outcome of one's choices depends on the choices of others. In the case of oligopoly, where a small number of firms dominate a market, each firm's pricing decision is affected by the pricing decisions of its competitors.
The firms are interdependent in the sense that each firm's profit depends not only on its own pricing decision but also on the pricing decisions of its competitors. Therefore, game theory is a useful model for describing oligopoly price decisions among firms that are interdependent.
Independent firms, regulated firms, and merging firms are not necessarily interdependent in the same way that oligopoly firms are, and therefore game theory may not be as useful in analyzing their decision-making processes.
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The sides of a triangle measure 4, 6, and 7. If the shortest side of a similar triangle is 12, what is the perimeter of the larger triangle?
Answer:
51
Explanation:
12 divided by 4 is 3 so we'll multiply all of the smaller triangle by 3.
4 x 3 = 12
6 x 3 = 18
7 x 3 = 21
12 + 18 + 21 = 51
What threatens workers of the future?
( 1 )
Natural Disasters
(2)
Technological Change
(3)
Big Business
Answer:
I feel that all of them threaten workers of the future, but I would say that Big Business, number 3 is the most relevant in this scenario.
Show graphically the abnormal profit (economic profit) area of the pure competition firm in the short run.
The graph showing economic profits is in the image.
Perfect or pure competition is explained as "a condition in an industry where that industry is composed of many tiny firms providing homogenous products, when there is no barrier to the entry or leave of firms, and when full data is available."
In the short-run, the pure or perfect competition profit of a firm go up to the maximum position in situations where marginal revenues (MR) equals to the marginal cost (MC).
When the price (P) is higher than average cost (AC) for a given period of time, the firm can generate abnormal or economic profits in the Short run.
The difference between abnormal and normal profit is related to the link between average total cost and average market price, and abnormal profit can only be produced when average revenue is higher than average total cost. It's crucial to keep in mind, though, that not every business has the ability to make earnings that are above average
The characters in the graph stands for:
D = Demand in the market
MR = Marginal Revenue
MC = Marginal Cost
ATC = Average Total Cost
Short Run Profit = ( P - ATC ) × Quantity
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what are the contemporary approaches to management? multiple select question.
Contemporary approaches to management include System Theory , Contingency Approach , Total Quality Management , Lean Management (A,B,C,E)
System Theory: focuses on the interrelationships between different parts of an organization and the interactions between organizations and their environment.Contingency Approach: believes that there is no single best way to manage and that the best management style is contingent on the situation.Total Quality Management (TQM): emphasizes continuous improvement and customer satisfaction through the involvement of all employees in the organization.Lean Management: focuses on reducing waste and maximizing efficiency in processes to improve overall quality and customer satisfaction.To know more about Total Quality Management click on the link below:
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Complete question:
What are the contemporary approaches to management? multiple select question.
A) System Theory
B) Contingency Approach
C) Total Quality Management
D) Sustainable development
E) Lean Management
F) Learning technologies
A deferred perpetuity-due begins payments at time n with annual payments of $2500 per year. If the present value of this perpetuity-due is equal to $18234.07 and the effective rate of interest i=0.08, find n.
The value of n is approximately 15. To find the value of n, we can use the formula for the present value of a perpetuity-due: PV = C / i * (1 - (1 + i)^(-n))
To find the value of n, we can use the formula for the present value of a perpetuity-due:
PV = C / i * (1 - (1 + i)^(-n))
Where:
PV = Present Value
C = Annual Payment
i = Effective interest rate
n = Number of periods
In this case, we are given:
PV = $18234.07
C = $2500
i = 0.08
Substituting these values into the formula, we can solve for n:
$18234.07 = $2500 / 0.08 * (1 - (1 + 0.08)^(-n))
Simplifying further:
1 - (1.08)^(-n) = 0.729636428
Now, we can solve for n by taking the logarithm of both sides:
log(1 - (1.08)^(-n)) = log(0.729636428)
Using a calculator or software, we find:
n ≈ 14.9986
Since n represents the number of periods, we can round it up to the nearest whole number:
n ≈ 15
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Olde ple designs and manufactures shoes Olde ple can select only one of two protsenth of which wow Depending on the state of the economy, nach project has different throws Project Casual shoes Formal shoes Weak Economy 200,000 800,000 Strong Economy 1.600.000 1.400,000 The probability of a weak economy is 45% and a strong economy in 65%. The firm needs to raise 600.000 cott toner om next year Calculate the total firm wealth for both projects in both scenarios. If Olde ple's managers wish to maximize the total wealth of the who they invest in? Calculate the wealth available to shareholders for both projects in both scenarios. It Olde ple's managers wish to maximize shareholder en which proact should they invest in? mark it.
To calculate the total firm wealth and wealth available to shareholders for both projects in both scenarios, we can multiply the profits of each project by their respective probabilities.
Let's calculate the total firm wealth: For Project Formal shoes: Weak Economy: 800,000 * 0.45 = 360,000 Strong Economy: 1,400,000 * 0.65 = 910,000 Now, let's calculate the wealth available to shareholders: Assuming the cost of capital is 600,000: For Project Casual shoes: Weak Economy: 90,000 - 600,000 = -510,000 (Loss) Strong Economy: 1,040,000 - 600,000 = 440,000 To maximize total firm wealth, Olde Ple should invest in the project with the highest total firm wealth. In this case, it would be Project Formal shoes, which has a higher total firm wealth in both scenarios. To maximize shareholder wealth, Olde Ple should invest in the project that provides a positive wealth available to shareholders. In this case, it would be Project Formal shoes in the strong economy scenario, which has a wealth available to shareholders of 310,000.
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PLEASE HELP AS QUICK AS YOU CAN
Question 21 (1 point)
Which of the following should be calculated as a start-up cost for a business?
(A) Rent
(B) Permits
(C) Utilities
(D) Payroll
Permits are typically considered a start-up cost for a business. Option B is correct.
Start-up costs are the expenses a new business incurs before it begins generating revenue. These costs are necessary for the business to become operational and may include expenses such as permits, licenses, legal fees, equipment, and initial inventory.
Permits are required for businesses to operate legally and are often required before other start-up expenses such as rent or utilities. Permits can include zoning permits, building permits, health permits, and business licenses. The cost of obtaining these permits can vary depending on the location and type of business.
Rent, utilities, and payroll are ongoing expenses that a business incurs after it has started generating revenue. These are not typically considered start-up costs since they are not necessary for the business to become operational but rather are recurring costs that a business will continue to incur.
Therefore, option B is correct.
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true or false: an internal control goal for cash receipts is to ensure that the business documents the correct amount of cash received and safely depo
The goal of cash receipt controls is to make sure that all money—checks, coins, currency, and credit cards—is properly recorded and deposited on time.
What exactly are internal controls for payments and cash receipts?
To control cash exchanges, associations ought to take on a portion of the accompanying practices: Use a lockbox to accept cash payments from customers, separate duties, keep all cash and assets safe, and require background checks for employees.
What are the four cash-related internal control measures?
Cash is subject to four internal control measures. The separation of duties, the use of written protocols, background checks on employees, and storing assets and cash in safe places are examples of these.
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2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.
Answer:
True
Explanation:
It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.
This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.
Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.
can i doit without pay
Answer:
what?
Explanation:
the effective interest rate method of amortizing bond discounts and premiums results in a constant amount of interest expense every period. t or f
The effective interest rate method of amortizing bond discounts and premiums results in a constant amount of interest expense every period is true.
What does it mean when a bond is amortized?An amortized bond is one in which, during the course of the bond's existence, both the principal (or face value) of the debt and the interest expense are consistently paid down. One frequent example is a fixed-rate home mortgage, where the monthly payment is fixed throughout the course of, say, 30 years. a technique for depreciating bonds that yields periodic interest costs equal to a fixed percentage of the bonds' carrying value.
The process of amortizing bonds involves allocating the premium or discounted amount to the interest payments for each term of the bond's validity.
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what makes recession and recover different?
The thing that makes recession and recover different is that Economic recovery serves as the business cycle stage which do follow recession .
What is recession and recovery?Recession and recovery can be described as the economuic terms that is been used by the ecconomist whereby the recession can be seen as the period of economic meltdown where there is usually a high inflation of goods as well as services.
It should be noted that the recovery period do follow the reccession which can be described as the sustained period of improving business activity that can happen in a country.
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Aria paid $75,000 for her house. its property value increased by 2.2% per year. when aria sold her house after eleven years, how much was it worth, to the nearest hundred dollars? a. $133,700 b. $95,400 c. $95,300 d. $93,100 please select the best answer from the choices provided a b c d
The property amount after 11 years is $95,250.
What is a property?Both the valuable objects themselves and the collection of legal rights that give people control over them are referred to as property. Depending on the kind of property, an owner may be able to use it properly in accordance with the rights that have been granted to it, modify it, share it with the others, redefine it, rent it, pawn it, sell it, exchange it for another piece of the property, give it away, or destroy it. However, a property owner may have the authority to forbid others from doing any of these actions, regardless of the type of property. The three primary categories of property recognized by economics and political economy are private, public, and collective (also called cooperative property).
New property amount=75000 * 1.27=95250.
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Answer:C) 95,250 (95,300 when rounded)
Explanation:edge
a defines how an organization will maintain what is accepted as normal day-to-day business in the event of a security incident or other events disruptive to the business.
A business organization, an organization established for the purpose of conducting trade business. Such organizations are based on legal systems governing contracts and exchanges, property rights, and incorporation.
A legal entity is a legal entity separate from the person who owns it. An additional legal barrier is created between you and your business entity that a sole proprietorship or general partnership cannot achieve. This is one reason why entrepreneurs are a common form of business organization.
Good organizations have clearly defined objectives and foster an attitude that objectives are more important than processes. This means managers are not just looking at whether employees are following procedures, but how effectively they are doing their jobs.
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what are three primary reasons for asking others to review and comment on a presentation
Answer: to review content for accuracy, suggest improvements, or document feedback
Explanation:
i just took it
Gary Stevens and Mary James are production managers in the Consumer Electronics Division of General Electronics Company, which has several dozen plants scattered in locations throughout the world. Mary manages the plant located in Des Moines, Iowa, while Gary manages the plant in EI Segundo, California. Production managers are paid a salary and get an additional bonus equal to 5 % of their base salary if the entire division meets or exceeds its target profits for the year. The bonus is determined in March after the company's annual report has been prepared and issued to stockholders.
Shortly after the beginning of the new year, Mary received a phone call from Gary that went like this:
Gary: How's it going, Mary?
Mary: Fine, Gary. How's it going with you?
Gary: Great! I just got the preliminary profit figures for the division for last year and we are within 200,000 of making the year's target profits. All we have to do is pull a few strings, and we'll be over the top!
Mary: What do you mean?
Gary: Well, one thing that would be easy to change is your estimate of the percentage completion of your ending work in process inventories. Mary: I don't know if I can do that, Gary. Those percentage completion figures are supplied by Tom Winthrop, my lead supervisor, who I have always trusted to provide us with good estimates. Besides, I have already sent the percentage completion figures to corporate headquarters.
Gary: You can always tell them there was a mistake. Think about it, Mary. All of us managers are doing as much as we can to pull this bonus out of the hat. You may not want the bonus check, but the rest of us sure could use it.
The final processing department in Mary's production facility began the year with no work in process inventories. During the year, 210,000 units were transferred in from the prior processing department and 200,000 units were completed and sold. Costs transferred in from the prior department totaled 39,375,000. No materials are added in the final processing department. A total of 20,807,500 of conversion cost was incurred in the final processing department during the year.Required:
(b) Does Gary Stevens want the estimated percentage completion to be increased or decreased? Explain why.
The percentage of completion of work in prepare stock is an appraise of the inventory's completion relative to the complete generation process. Rate of completion is one of the bookkeeping estimates that are helpless to subjective inclinations. The rate of completion incorporates a critical salary on the money related articulations
Gary Stevens wants the expected percentage completion to be escalated(increased) because he wants to get additional bonus which is paid at the rate of 5% of the basic pay. That is why he wants Mary to manipulate the figures to get the additional bonus.Gary Stevens desparately wants the margin to grow. To increase the margins, he has to lessen the cost of goods sold.In process of lessen the cost of goods sold, he has to improve the equivalent production. And if one wants to increase the production equivalent figures, then there will be more calculated percentage completion finished work in process.To know more about percentage of completion visit:
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which republicans voted for debt ceiling
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
ebook nona purchased a new car earlier today for $34,000. she financed the entire amount with a seven-year loan that has a 3 percent interest rate (compounded monthly). compute the monthly payments for the loan. do not round intermediate calculations. round your answer to the nearest cent. enter your answer as a positive value. $
The monthly payments for the seven-year loan with a 3 percent interest rate (compounded monthly) on the $34,000 car will be approximately $461.96.
To calculate the monthly payments for the loan, we can use the formula for the monthly payment on a loan:
PMT = (P * r * (1+r)^n) / ((1+r)^n - 1)
Where:
PMT = monthly payment
P = principal amount (loan amount)
r = monthly interest rate
n = number of payments (in months)
In this case, the principal amount (P) is $34,000, the monthly interest rate (r) is 3 percent divided by 100 (0.03) since it is compounded monthly, and the number of payments (n) is 7 years multiplied by 12 months (84).
Substituting these values into the formula, we get:
PMT = (34000 * 0.03 * (1+0.03)^84) / ((1+0.03)^84 - 1)
Using a calculator, the monthly payment comes out to be approximately $461.96.
Therefore, Nona's monthly payments for the loan will be approximately $461.96.
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The location and community analysis determines the key events predicted for the local community and immediate surrounding area during the planning period. True False
Answer:
True
Explanation:
I had this question on my test and got it right
Which three factors decrease because of protectionism? competition job security domestic production goodwill with trade partners importation of goods.
answer:
competition, goodwill with trade partners, and importation of goods
The three factors that decrease because of protectionism are:
CompetitionImportation of goodsGoodwill with trade partnersWhat is the purpose of protectionism?By giving home manufacturers benefits or erecting trade obstacles that would disadvantage foreign competition, protectionism is a trading strategy or set of trade policies that aim to strengthen domestic industries and the total gross domestic product (GDP).
Protectionism reduces competition by shielding domestic industries from foreign competition through tariffs, quotas, and other trade barriers.
Protectionism restricts the importation of goods from foreign countries, which can limit the availability of certain products and increase their prices.
Protectionism can harm relationships with trade partners, who may retaliate by implementing their own protectionist measures or reducing trade with the protected country. This can lead to increased tensions and reduced cooperation in other areas, such as diplomacy and security.
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According to the 50-30-20 Rule, you should plan on spending 30 percent of
your income on.
O A. wants
O B. goals
O
OD. entertainment
C. needs
According to the 50-30-20 Rule, you should plan on spending 30 percent of your income option A. wants
The 50/30/20 rule of thumb is a tenet for allocating your finances as a consequence: 50% to “needs,” 30% to “wishes,” and 20% to your economic dreams. the rule became popularized in an ebook by way of Elizabeth Warren and her daughter, Amelia Warren Tyagi. Your chances can also want to be adjusted primarily based on your private situations.
For individuals who don't know, the 50-30-20 budget plan is an American concept that seeks to shop cash and finance your cash neatly. After taxes, your income has to be divided into: 50% on crucial desires; 30% on needs; and 20% on paying off your debt or putting aside price range in case of an emergency.
The 50/30/20 rule is a clean budgeting approach that can help you to manipulate your money correctly, virtually, and sustainably. The simple rule of thumb is to divide your month-to-month after-tax profits into three spending categories: 50% for desires, 30% for desires, and 20% for financial savings or paying off debt.
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Answer: 20% of your income will be spent on GOALS
Explanation: i took the test.
Suppose the money multiplier in the United States is 3. Suppose further that if the Fed increases the discount rate by 1 percentage point, banks initially change their reserves by 400. To reduce the money supply by 4,200 the Fed should:____.
a. reduce the discount rate by 10.5 percentage points.
b. raise the discount rate by 10.5 percentage points.
c. reduce the discount rate by 3.5 percentage points.
d. raise the discount rate by 3.5 percentage points.
The correct answer is d. raise the discount rate by 3.5 percentage points.
The Fed should raise the discount rate by 3.5 percentage points to reduce the money supply by 4,200
Explanation: According to the given information,
Money Multiplier = 3∆R = 400∆MS = -4200We know that, ∆MS = ∆R * Money Multiplier∆R = ∆MS / Money Multiplier∆R = -4200 / 3∆R = -1400If the Fed increases the discount rate by 1 percentage point, the banks will decrease the reserves by ∆R = -1400 Now, the Fed wants to reduce the money supply by 4,200.
We have, ∆MS = ∆R * Money Multiplier-4200 = -1400 * Money MultiplierMoney Multiplier = 3∆R = 400So, the Fed should increase the discount rate by 3.5 percentage points (1400/400) to reduce the money supply by 4,200.
Therefore, the correct answer is d. raise the discount rate by 3.5 percentage points.
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Suppose we assume that initially a = 0, b = 0.5, R, = F = 5%, if a rises 2 percent and the real interest rate falls 2 percent, short-run output: A.falls 2 percent B.rises 1 percent C. rises 3 percent D. falls 1 percent E.does not change
Short-run output would rise by 3 percent in this scenario.If we assume that initially a = 0, b = 0.5, Rf = F = 5%, and a rises 2 percent while the real interest rate falls 2 percent, we can use the Phillips curve to determine the impact on short-run output.The correct answer is C.
The Phillips curve shows the inverse relationship between inflation and unemployment in the short run. In this case, an increase in a (the inflation rate) would lead to a decrease in unemployment (short-run output).
On the other hand, a decrease in the real interest rate would stimulate investment and increase aggregate demand, leading to an increase in output. Therefore, the answer is C. Short-run output would rise by 3 percent in this scenario.
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What is an example of a country with a mixed economy?
Countries like England, France, and India follow the mixed profitable system where the state and private players control the coffers of distribution.
For illustration, the United States is a mixed economy, as it leaves the power of the means of production in substantially private hands but incorporates rudiments similar to subventions for husbandry, regulation on manufacturing, and partial or full public power of some diligence like letter delivery and public defense.
Nations like Norway and Germany are balanced near the middle of this diapason. They are some of the stylish exemplifications of this style of frugality. Still, the United States and the People's Republic of China could be said to have mixed economy.
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What is the present value of the following set of cash flows, discounted at 15.4% per year? Year CF 1 596 2 $96 $199 -$199 To
The present value of the given set of cash flows, discounted at 15.4% per year, is $603.80.
The present value of a set of cash flows is the sum of the present values of each individual cash flow. To calculate the present value of a cash flow, we use the formula:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of years.
For the given set of cash flows, we can calculate the present value of each cash flow and then add them together:
PV1 = 596 / (1 + 0.154)^1 = 516.07
PV2 = 96 / (1 + 0.154)^2 = 72.15
PV3 = 199 / (1 + 0.154)^3 = 128.95
PV4 = -199 / (1 + 0.154)^4 = -113.37
The present value of the set of cash flows is:
PV = PV1 + PV2 + PV3 + PV4 = 516.07 + 72.15 + 128.95 + (-113.37) = 603.80
Therefore, the correct answer would be $603.80.
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How does a project manager evaluate the scope of a project?
Determine the overall work that needs to be completed to deliver the desired product, service, or end result
Estimate some of the resources that are needed to deliver the desired product, service, or end result
Evaluate the time it will take to deliver the desired product, service, or end result
Guess how much money it will cost to deliver the desired product, service, or end result
Stating in an answer for future reference, it's A, "Determine the overall work that needs to be completed to deliver the desired product, service, or end result".
No "Tutor" needed.