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Akimi4 [234]
2 years ago
8

Les moore retired as president of goodman snack foods company but is currently on a consulting contract for $35,000 per year for

the next 10 years. use appendix b and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
a. if mr. moore's opportunity cost (potential return) is 10 percent, what is the present value of his consulting contract? (do not round intermediate calculations. round your final answer to 2 decimal places.)
Business
1 answer:
nadezda [96]2 years ago
5 0

Answer:

$215,059.85

Explanation:

we are not given appendix b or d, but we can still calculate the present value of Moore's contract using a 10% discount rate. You can use a financial calculator, but I prefer an excel spreadsheet with the net present value function:

=NPV(cash flows,rate) =NPV(35000 ... 35000,10%) = $215,059.85

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Project A has a predicted payback period of 2.5 and Project B has a predicted payback period of 5. Based on this information we
anastassius [24]

Answer:

A. more information should be gathered before deciding on which project, if either, is desirable.

Explanation:

The lower Payback Period is not sufficient information to decide which project is more profitable. The payback period indicates when in the life of a project the initial investment principal cash flow is achieved.

But to decide about a certain project it is better to know the interest yield, it is also important to get the life of the project and other information.

For example:

a.- 250 investment 100 per year  payback in 2.5-year life 3 years

b.- 500 investment 100 per year payback in 5-year life 20 years

While A payback occurs before project B is better

6 0
2 years ago
The Reid Co. acquired a piece of land for a new factory paying $100,000. Reid demolished the old building at a cost of $20,000,
Julli [10]

Answer:

A$118,000 B.$333,000

Explanation

Land$100,000

Demolition20,000

Scrap value(5,000)

Title insurance1,000

Paving assessment2,000

Total land cost($118,000)

B. The cost of the building recorde

d by Reid

Archirectfees$25,000

Construction interest8,000

Building cost300,000

Total building cost. $333,000

3 0
2 years ago
Read 2 more answers
Wilma leads a task force charged with restructuring the order-processing system in the organization. The task force is composed
OLga [1]

Answer:

B. task-oriented leadership style .

Explanation:

Task-oriented leadership style -

It refers to the type of leader, who only target on the goal or project .

This type of leader is referred to as the task - oriented leadership style .

As from the very term, the person is only inclined towards his or her task

There type of leaders assign the tasks very clearly and making sure all the works are done on time with proper efficiency and accuracy .

These leader are very consult about the deadline and hence define all the task to get over before the deadline .

There type of leaders are very well organised and clear about the task .

Hence, from the given scenario of the question,

The correct answer is B. task-oriented leadership style.

6 0
2 years ago
Which of the following would LEAST likely foster diversity in the workplace?
guajiro [1.7K]

Answer:

The correct answer is letter "A": changing the culture through diversity training education programs.

Explanation:

Boosting diversity at the workplace is an activity that mainly relies on the representatives of the Human Resources (HR) Department. They are in charge of recruiting and selecting the applicants that will be part of the institution based on their capabilities and expertise. Thus, HR representatives could promote the selection of different individuals from different ages, races, gender, ethnicity, and nationality, without preferring one or another, so the working environment will be diversified and the company can take advantage of the different backgrounds of those new hires.

Therefore, <em>training other employees could improve the understanding of other employees on dealing with workers different than them but this does not foster diversity in the workplace.</em>

6 0
1 year ago
Which of following is a TRUE statement about inventory within a continuous review system?
garri49 [273]

Answer:

c. When ordering or setup costs increase, Economic Order Quantity increases

Explanation:

In inventory there are two types of review systems used to replenish stock, the periodic inventory and continuous inventory.

Continuous inventory involves ordering the same quantity of a good in each order. However the rate at which goods are replenished varies based on monitoring of level of goods. Orders are made when inventory gets to a certain level.

In this instance when there is an increase in ordering or setup there needs to be allocation of a higher amount for orders. The additional cost is added to the economic order quantity

5 0
1 year ago
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