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icang [17]
2 years ago
8

Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per

year to get their services on demand. she sends out this request to a plumbing website where multiple plumbing firms respond with their prices. rhonda will choose the lowest price offer. this is an example of what?
demand-based pricing
value-based pricing
price leader/ follower competitive bid
comparative cost pricing
Business
1 answer:
ella [17]2 years ago
8 0

Answer:

comparative cost pricing

Explanation:

In comparative cost pricing strategy different prices charged by different seller is presented to buyer. The buyer has freedom to choose any price option based on comparative analysis of price.  

In the question given above plumbing firms have given their prices to Rhonda and she chose lowest price which can be explained by comparative cost pricing.

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2 years ago
Provide an argument of why an organization should design and implement a Benefits Plan that complements its overall corporate vi
Katyanochek1 [597]

Explanation:

A corporate benefits plan is used as a relevant tool for the company to prepare for business and organize itself more strategically in the market.

For example, an employee benefit plan can offer several additional advantages that justify the company's mission and values ​​of exercising corporate governance that prioritize the well-being of its employees. By offering advantages such as a health plan, the company consequently increases the incentive to work, motivates employees and becomes an attractive strategy for attracting good professionals in the market.

8 0
2 years ago
Setrakian Industries needs to raise $83.3 million to fund a new project. The company will sell bonds that have a coupon rate of
SOVA2 [1]

Answer:

The question is missing the options, which can be found in the attached.

The number of bonds necessary to raise the funds is 46,009

Explanation:

First of all, I calculated the price at which would be issued using the pv formula in excel, which =pv(rate,nper,pmt,fv)

rate is the yield to maturity divided by 2 because it is semi-annual payment

nper is 30 years multiplied by 2

pmt is the semi-annual coupon payment

fv is the $2000 payable on maturity

Find attached.

Download xlsx
7 0
2 years ago
A graphics reproduction firm has four units of equipment that are automatic but occasionally become inoperative because of the n
elena55 [62]

Answer:

(a) Average number of unit in line  = 0.256

(b) Average number of unit in operation= 3.209

(c) Average number of unit being service in operation = 0.535

Explanation:

Given Data:

Number of machine N = 4

Number of attendant (S) = 1

Service time (T)= 5 mins

Time required by the machine before servicing = 30 mins

Calculating the service factor (X) using the formula;

X = T/(T+U)

    = 5/(5+30)

    = 5/35

     = 0.1429

(a) Calculating the average number of unit in line (L) using the formula;

L = N* (1-F)

where, N = Number of unit

F = efficiency factor

L = average number of unit in line

Using the finite queuing table at X = 0.1429 and S = 1,

Efficiency factor = 0.936

Substituting, we have;

L = 4*(1-0.936)

   = 4* 0.064

   = 0.256

(c) Calculating the average number of unit being service in operation (H) using the formula;

H = N*F*X

   = 4 *0.936*0.1429

   = 0.535

(b) Calculating the average number of unit in operation using the formula;

Average number of unit in operation= Number of unit-down unit

But down unit = L+H

The formula becomes;

Average number of unit in operation= Number of unit-(L+H)

                                                             = 4 - (0.256+0.535)

                                                             = 4-0.791

                                                             = 3.209

6 0
2 years ago
Finding operating and free cash flows Consider the following balance sheets and selected data from the income statement of Keith
Reil [10]

Answer:

a. NOPAT = EBIT * (1-t)

NOPAT = $2,700 * (1-0.40)

NOPAT = $1,620

b. OCF = NOPAT + Depreciation

OCF = $1,620 + $1,600

OCF = $3,220

c. FCF = Net fixed asset investment - Net current asset investment

FCF = $3,320 - $1,400 -  $1,400

FCF = $420

Note:

Net fixed asset investment = Change in net fixed assets + depreciation

= ($14,800- $ 15,000) + $1,600

= $1,400

Net current asset investment = Change in current assets - Change in accounts payable and accurals

= ($8,200 - $6,800) - {($1,600 + $200) - ($1,500 - $300)}

= $1,400

d. FCF is meaningful as it shows that OCF is able to cover Operating expenses as well as Investment in Fixed and Current Assets

4 0
2 years ago
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