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Lyrx [107]
2 years ago
12

A college math department consisting of 9 faculty members must choose a department head, an assistant department head, and a fac

ulty senate representative. in how many ways can this be done?
Business
1 answer:
loris [4]2 years ago
4 0
<span>The department consists of 9 members but they must select a department head, an assistant department head, and a faculty senate representative. So they are 3 positions to be occupied by 9 people. It can be done in nPr = n! / (n - r)! ways.
   So 9C3 ways. 9! / (9-3)! = 9! / 6! = 504 ways</span>
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Dwight Donovan, the president of Benson Enterprises, is considering two investment opportunities. Because of limited resources,
alexandr402 [8]

Answer:

- Net present value of each project:

Project A:$37,193

Project B:$4,629

=> Project A should be chosen based on NPV approach as its NPV is higher.

- Internal rate of return of each project:

Project A: 20%

Project B: 12%

=>Project A should be chosen based on IRR approach as its IRR is higher

Explanation:

- Net present value calculation:

NPV for Project A: -111,000 + (37,116/0.08) x [1-1.08^(-5)] = $37,193

NPV for Project B: -43,000 + (11,929/0.08) x [1-1.08^(-5)] = $4,629.

- Internal rate of return approach;

IRR is the discount rate that bring NPV of project's cash flows to 0. Thus:

IRR for project A: -111,000 + (37,116/IRR) x [1-(1+IRR)^(-5)] = 0 <=> IRR = 20%

IRR for project B: -43,000 + (11,929/IRR) x [1-(1+IRR)^(-5)] = 0 <=> IRR = 12%

6 0
2 years ago
Connie stepped in to assist her friend Fred conduct his research plan for his business. He is trying to see where he should open
Illusion [34]

Connie's next step should be

Not - go back and revisit her plan objectives

Maybe - Conduct primary research and analyze Fred's current customers.

<h3><u>Explanation:</u></h3>

It is very essential for an entrepreneur who decides to start a new business to have a business plan that helps him in setting up the businesses in the right track and usage of funds in an effective manner. A business plan acts as a blue print of a new business and the objectives and resource utilization.

In the scenario give, Fred decides to start a new boutique and has conducted researches geographic locations and the type of boutiques supported by the demography. She must not then go back and review her plan objectives as she has decided to start it with a good plan and she may conduct a primary research about the  current customers of him.

5 0
2 years ago
Moretti Department Store sells gift cards that expire three years from the date of purchase. During 2019, Moretti sold $50,000 o
GenaCL600 [577]

Answer:

$64,300

Explanation:

The amount of revenue that Moretti Department store should recognize as revenue in 2021 should be based on the redeemed amount in the year and unused balance:

1. $1,500 were redeemed during 2021

2. $800 2019 balance remains unused

3. $22,000 were redeemed in 2021

4. $40,000 were redeemed in 2021

Total Revenue for 2021 = $64,300

8 0
2 years ago
You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to e
PIT_PIT [208]

Answer: Their Accounts Receivable balance will not be accurate.

The income account will show duplicate income.

Explanation:

Based on the information given in the question, the problem that this will cause is that there'll be an incorrect balance that is shown in the balance of the accounts receivable.

Also, there'll be a duplicate income entry that is created in the income account.

3 0
2 years ago
Sammy's Pizza had the following financial information for the year as follows ($ in millions):
daser333 [38]

Answer:

Net Cash flow from Investing activities -$1,900

Explanation:

Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

Cash flow from Investing activities  

Purchase equipment - $5,400

Sale of land $3,500

Net Cash flow from Investing activities -$1,900

All other transactions are related to the operating and financing activities. Hence ignored it

7 0
2 years ago
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