Answer:
13.968%
Explanation:
Discount is defined as a deduction from the selling price of a product, and it is used as a way to attract more customers by using price advantage compared to competitors.
The following formula can be used to calculate discount
Discount rate = Rate of return + Competitor's beta (market risk premium)
Discount rate = 0.031 + 1.43(0.076)
Discount rate= 0.13968= 13.968%
Answer:
CCC's new required rate of return is 16.5%
Explanation:
in the first we need to determine the risk free rate using the Capital Asset Pricing Model formula of Miller and Modgiliani as shown below
required return=Rf+beta*(average market return-Rf)
Rf is the risk free rate that is unknown
Beta is 1.5
average market return is 10%
required rate of return is 12%
Rf?
12%=Rf+1.5*(10%-Rf)
12%=Rf+15%-1.5Rf
1.5Rf-Rf=15%-12%
0.5Rf=3%
Rf=3%/0.5
Rf=6%
Average rate of 10% has now increased by 30% i.e 10%*(1+30%)=13%
Required rate of return=6%+1.5*(13%-6%)
=6%+1.5*7%
=6%+10.5%=16.5%
Answer:
It is not a legitimate excuse for engaging in unethical projects
Explanation:
Ensuring scientific integrity and avoiding professional misconduct is a collective role of Scientists and Engineers. Every professional, engineers inclusive, must ensure they stay committed and faithful to the oath of practice they have sworn to. Engineering is an important and learned profession. As members of this profession, engineers are expected to exhibit the highest standards of honesty and integrity. Engineers must perform under a standard of professional behavior that requires adherence to the highest principles of ethical conduct.
Every engineer must be familiar with the code of ethics of the profession, abide by it, and report erring professionals for punitive measures to be taken rather than giving excuses for carrying out an unethical project.
The concept of responsible conduct emphasizes ethical decision making, professional responsibilities, and strict adherence to professional standards and values. Every engineer and professional must take into cognizance all the responsible conducts required by their professions
Answer:
a. Finished Goods 360,000
Work in Process 360,000
Explanation:
During transfer, de-recognize the cost of finished and transferred production from the Work In Process Account of the Mixing Department (Credit) and accumulate the cost in the Finished Goods Account (Debit).
When the units are <em>finally sold</em>, Cost of Goods Sold is recognized (Debit) and the Finished Goods Account is De-recognized (Credit).
Answer: b. decomposition
Explanation:
Decomposition is a project management technique that takes the entire project scope and all project deliverables and breaks them down into smaller components which makes it easy to manage.
However, decomposition may lead to more work without much value for the time spent and inefficient use of resources which will eventually lead to decreased work efficiency.
It involves:
1. Gathering of information on project deliverables to evaluate any related risks
2. Start the breakdown process at the highest level.
3. Decompose the higher levels into lower level detailed components.
4. Verify the degree of decomposition of the work if it is necessary and sufficient.
