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2 years ago

A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality

1 answer:

8 0

Company's that are motivated by profit, need to make sure their goods and/or services are at the highest quality to make sure consumers are getting their full benefits from them. If a consumer is unhappy with the product or service it is likely that others have the same outlook on it and will be less likely to continue purchasing the items. If the items are not being purchased, the company does not have a high profit return.

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Suzette is receiving $10,000 today, $15,000 one year from today, and $25,000 four years from today. She will immediately invest

vfiekz [6]

Answer:

$641,547.38

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value

P = Present value

R = interest rate

N = number of years

We are to determine the future value of these cash flows. But to determine the future value, we need to determine the present value of the cash flows.

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

To find the PV using a financial calculator:

Cash flow in year 0 = $10,000

Cash flow in year 1 = $15,000

Cash flow in year 2 = 0

Cash flow in year 3 = 0

Cash flow in year 4 = $25,000

I = 9.6

PV = 41,012.11

FV : 41,012.11(1.096)^30 = $641,547.38

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

6 0

2 years ago

You are considering adding a new food product to your store for resale. You are certain that, in a month, minimum demand for the

Alenkasestr [34]

Answer:

Using EMV analysis, the number of units of the new product should be purchased for resale = Purchase 7.

The maximum EMV of profit you can make is 270.

Explanation:

We can use the following method to solve the given problem

Solution:

Using EMV analysis,

EMV (Purchase 6 for resale)= 6(40)(0.1) + 6(40)(0.4) + 6(40)(0.5)=240

EMV (Purchase 7 for resale) = [6(40)-60](0.1) +7(40)(0.4) + 7 (40)(0.5) = 270

EMV (Purchase 8 for resale) = [6(40)-2(60)] (0.1) + [7 (40) - 60] (0.4) + 8(40)(0.5)= 260

Largest EMV= 270; Choose to purchase 7 units for resale.

8 0

2 years ago

George Weston Limited, a Canadian food processing and distribution company, is one of the world's largest producers of breads. R

babunello [35]

Answer:

<u> c. Mix width</u>

Explanation:

Product mix width can be defined as the total number of product lines that a company has to sell.

As an example, we can mention a cosmetics company that manufactures four different types of products, such as jewelry, perfumes, clothes and makeup.

Companies use the strategy of having different product lines because they add benefits such as attracting more consumers and gaining a larger share of the market.

4 0

2 years ago

On July 1, 2019, Pharoah Company purchased new equipment for $80,000. Its estimated useful life was 8 years with a $16,000 salva

Fantom [35]

Answer:

journal entry to record depreciation on December 31, 2019 is

Debit Depreciation $8,000

Credit Accumulated Depreciation $8,000

journal entry to record depreciation on December 31, 2022.

Debit Depreciation $5,000

Credit Accumulated Depreciation $5,000

Explanation:

Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.

It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

Mathematically,

Depreciation = (Cost - Salvage value)/Estimated useful life

Annual depreciation = (80000 - 16000)/8

= $8,000

Between July 1, 2019 and January 1 , 2022 is 2.5 years

Carrying amount of asset = $80,000 - 2.5($8,000)

= $60,000

If the company estimated the remaining useful life to be 10 years beyond December 31, 2022 and the salvage value is estimated to be $5,000, then

Depreciation = ($60,000 - $5,000)/11

= $5,000

8 0

2 years ago

Read 2 more answers

Faced with incomplete information about the future national economic conditions, many employers have eschewed the tradition of h

Solnce55 [7]

Answer:

Option D is correct

Explanation:

The reason is that the company desires to emphasize control over the economic down turn. Most companies collapse in recession due financial distress. And salary of permanent employees is fixed cost which the company has to pay whatever the situation is. Using freelancer's facilities and temporary workers helps in controlling the cost of the product and ensures the survival of the company.

5 0

2 years ago