I believe the answer is: first step, Planning Initiation
During this step, we determine the objective, scope, and purpose of the joint operation. We also start to structured the things that can be done in order to fulfil the objective and make sure that each steps are rational and can be delivered with sufficient resources.
Answer:
The Final Value is $40,305.56
Explanation:
Giving the following information:
Gerry deposits $1,500 at the end of each quarter for five years.
Interest rate= 12% quarterly compounding
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= quarterly deposit= 1,500
i= 0.12/4= 0.03
n= 5*4= 20
FV= {1,500*[(1.03^20)-1]} / 0.03
FV= $40,305.56
Answer:
The correct answer is a combination of factors and is explained below.
Explanation:
On the one hand, the marketing area inside the companies tend to be left apart or not given much of the attention that they actual need inside the organization and that is<u> due to the fact that the business' owner or even the managers sometimes thinks that there is a major importance in the finances of the enterprise or even in the production and its current quality</u>.
On the other hand, the marketing function inside an organization should be taking care as much as the other functions due to the fact that it has a very huge importance in the selling process of the company and therefore in its number of sales during an amount of time. Moreover, those companies that do not focus so much effort in the marketing will probably have a great product with a good quality but <u>they would not acquire a big number of sales because they would not know how to sell the product and to whom</u>, furthermore they would <u>find themselves selling much less that does companies that have a simple product but a good marketing mix</u>.
<u>Solution and Explanation:</u>
The Journal Entries in the books of Brock's water enterprise is as follows :-
Date Particulars and details Debit($) Credit($)
Jan 5, 2018 Intangible Assets - Lease 905861
Lease Payable 905861
(Being Record the Lease)
Jan 5, 2018 Lease Payable 125000
Cash 125000
(Being Record Down Payment)
Dec 31, 2018 Amortization Expenses ($905861divide 10) 90586
Accumulated Amortization 90586
(Being Record the amortization)
Jan 5, 2019 Lease Payable 
62531
Interest Expenses 
62469
Cash 125000
(Being Record the Second Lease Payment)
Given that the company has to invest $5,000,000.00 custom-made machine with a life span of 2 years that will manufacture a total of 500,000 units in a year. Using the machine will reduce the costs in labor for $5.50/unit and maintenance for $0.95/unit, total of $6.45 per unit savings. For 2 years, the machine can manufacture a total of 1,000,000 units with total savings of $6,450,000.00 for both labor and maintenance. Since the machine's life is only 2 years with no salvage value, the company's total cost savings after the end of 2 years would be $1,450,000.00.
