One approach that is often valued is the coaching and mentoring approach. This involves a supportive and collaborative relationship between the leader and the employee, focusing on personal and professional growth.
The leader acts as a guide, providing guidance, feedback, and resources to help the employee develop their leadership skills and reach their full potential.
In this approach, the leader should:
Establish open communication: Create an environment where employees feel comfortable discussing their aspirations, challenges, and areas for development. Encourage open dialogue and active listening to understand their goals and concerns.
Set clear expectations and goals: Work with the employee to set clear expectations and goals that align with their growth and the organization's objectives. Regularly review progress and provide constructive feedback to keep them on track.
Provide guidance and resources: Offer guidance, share knowledge, and provide access to resources that can help the employee develop their leadership skills. This can include recommending books, courses, or connecting them with relevant networks or mentors.
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FILL THE BLANK.
all the following are involved in business-to-business (b2b) marketing except ______. multiple choice question. manufacturers wholesalers retailers consumers
Manufacturers, wholesalers, and retailers are all participants in B2B marketing, while consumers are not directly involved in this type of marketing. B2B marketing primarily focuses on the exchange of goods and services between businesses rather than between businesses and individual consumers.
Business-to-business (B2B) marketing refers to the marketing activities and interactions that occur between businesses rather than between businesses and individual consumers. In the given options, manufacturers, wholesalers, and retailers are all involved in B2B marketing, while consumers are not.
Manufacturers play a crucial role in B2B marketing as they produce goods or provide services that are often sold to other businesses. They may engage in direct sales to other businesses or utilize distributors or wholesalers as intermediaries in the B2B marketing process.
Wholesalers act as intermediaries between manufacturers and retailers or other businesses. They purchase goods in bulk from manufacturers and sell them in smaller quantities to retailers or other businesses. Wholesalers facilitate the distribution of products within the B2B market.
Retailers are businesses that sell goods or services directly to consumers or end-users. While they are not typically involved in B2B marketing, they can engage in B2B transactions when they purchase goods from manufacturers or wholesalers to stock their inventory.
Consumers, on the other hand, are not directly involved in B2B marketing. They are the target audience for businesses engaged in business-to-consumer (B2C) marketing, where the focus is on reaching individual consumers and meeting their specific needs and preferences.
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you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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The following table shows the salary of 7 people in an office last year.
Name Income Andy £9500 Bevan £25000 Cheryl £13250 Deva £72000 Elliott £12750 Frankie £29500 Grace £11000 a) Work out the mean income to 2 DP.
b) Deva was given a large bonus for 30 years service.
Excluding Deva's income, what was the mean income for the remaining 6 workers to 2 DP?
Answer:
£16,833.33
Explanation:
The computation of mean income is shown below:-
Mean income = Total sum of salaries ÷ Number of workers
= £9,500 + £25,000 + £13,250 + £72,000 + £12,750 + £29,500 + £11,000
= £173,000 ÷ 7
= £24,714.29
Now, the Mean income excluding Deva's salary:
Mean income = Mean income
= Total sum of salaries excluding Deva salary ÷ Number of workers
= (£9,500 + £25,000 + £13,250 + £12,750 + £29,500 + £11,000) ÷ 6
= £101,000 ÷ 6
= £16,833.33
We simply applied the above formulas
What are some of the duties of a person who works in housekeeping services? Check all of the boxes that apply.
creating computer reports
washing linens
providing services to patients
mopping up spills from the floor
Answer:
2 4
Explanation:
Which is an example of an accounting function for a business?
1.) Designing print advertisements
2.) Preparing a balance sheet
3.) Hiring employees
4.) Testing computer software
Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
cheese is an input in the production of pizza if the price of cheeese increases we would expect the supply of
Cheese is an input in the production of pizza if the price of cheese increases we would expect the supply of pizza increases.
What do you mean by supply?
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. If shown as a graph, supply can refer to the quantity offered at a certain price or the quantity offered throughout a range of prices.In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price. Usually, market activity determines it. For instance, increased demand can prompt a supplier to boost their supply.To know more about Supply here
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A stock has an expected return of 12. 9 percent and a beta of 1. 30, and the expected return on the market is 11. 80 percent. What must the risk-free rate be? (do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. )
To calculate the risk-free rate, we will use the Capital Asset Pricing Model (CAPM) formula. The risk-free rate must be 12.28%.
Expected Return = Risk-free Rate + Beta * (Expected Market Return - Risk-free Rate)
Given the information you provided, we have:
Expected Return = 12.9%
Beta = 1.30
Expected Market Return = 11.8%
Now, we will plug these values into the CAPM formula and solve for the Risk-free Rate:
12.9% = Risk-free Rate + 1.30 * (11.8% - Risk-free Rate)
To isolate the Risk-free Rate, follow these steps:
1. Expand the equation: 12.9% = Risk-free Rate + 1.30 * 11.8% - 1.30 * Risk-free Rate
2. Combine the Risk-free Rate terms: 12.9% = Risk-free Rate * (1 + 1.30) - 1.30 * 11.8%
3. Simplify the equation: 12.9% = 2.3 * Risk-free Rate - 15.34%
4. Add 15.34% to both sides: 12.9% + 15.34% = 2.3 * Risk-free Rate
5. Divide by 2.3: (28.24%)/2.3 = Risk-free Rate
Risk-free Rate = 12.28%
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List 5 motives for the construction of various media?
Answer and Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.
The five motives for the construction of social media are:
1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.
2. Sharing the company's reviews: After the company gets its name on social media, it gets famous among a group of people at no more time.
3. Voice opinion: Voice opinion also matters for interacting the several medias
4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.
5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.
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Mr. Quick sold marketable securities with a $112,900 tax basis to his 100% owned corporation for $95,000 cash. Which of the following statements is true?
If Mr. Quick can offer evidence that the FMV of the securities is $95,000, he can recognize his $17,900 realized loss.
None of these choices are true.
If Mr. Quick and his corporation negotiated the terms of the sale at arm's length, Mr. Quick can recognize his $17,900 realized loss.
The corporation's tax basis in the securities is
If Mr. Quick can offer evidence that the FMV of the securities is $95,000, he can recognize his $17,900 realized loss.
Securities are financial instruments that represent ownership or creditorship in a company or government entity. They include stocks, bonds, and other investment instruments. Securities are traded in financial markets, where buyers and sellers come together to buy or sell these instruments. Investors purchase securities as a means to generate income or achieve capital appreciation. The value of securities can fluctuate based on various factors such as market conditions, economic performance, and company-specific information. Securities provide individuals and institutions with opportunities to invest their funds, diversify their portfolios, and participate in the growth of businesses and economies. They play a crucial role in the functioning of the global financial system.
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Fill in the blank: newly established lyons supermarkets, which shows only a few layers of management on its organization chart, has a ____ organizational structure.
Newly established Lyons Supermarkets, which shows only a few layers of management on its organization chart, has a flat organizational structure.
What do you mean by Flat organizational structure ?Flat organizational structure is the term that fills in the blank. Flat organizational structure means that an organization has few levels of management, and that these levels have a broad span of control.
This means that each manager is responsible for a large number of employees.
Flat structures are commonly found in startups or small businesses, where the focus is on innovation and flexibility rather than rigid hierarchical structures.
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Boca Farm's investment project has annual cash inflows of $6,200, $7,300, $8,100, and $9,400 for the next four years, respectively, and a discount rate of 18 percent. What is the discounted payback period for these cash flows if the initial cost is $9,500? (3 pts) Should the project be accepted or not? Why or why not?
The discounted payback period for the cash flows of Boca Farm's investment project is approximately 2.61 years.
To calculate the discounted payback period, we need to determine the present value of each cash inflow and sum them up until the total discounted cash inflows equal or exceed the initial cost.
Using a discount rate of 18 percent, we can calculate the present value of each cash inflow as follows:
Year 1: $6,200 / (1 + 0.18)^1 ≈ $5,254
Year 2: $7,300 / (1 + 0.18)^2 ≈ $5,438
Year 3: $8,100 / (1 + 0.18)^3 ≈ $5,374
Year 4: $9,400 / (1 + 0.18)^4 ≈ $5,591
We can now calculate the discounted payback period:
Initial cost: $9,500
Cumulative discounted cash inflows: $5,254 + $5,438 + $5,374 + $5,591 ≈ $21,657
The discounted payback period is the time it takes for the cumulative discounted cash inflows to equal or exceed the initial cost. In this case, it takes approximately 2.61 years.
Based on the discounted payback period, the project should be accepted. The discounted payback period of 2.61 years indicates that the project will recover its initial cost in less than three years, considering the time value of money. This suggests a relatively quick return on investment. However, the decision to accept or reject the project should also consider other factors such as the company's investment criteria, risk assessment, and the project's overall profitability and alignment with strategic goals.
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If a country is taking action to increase its overall productivity and make sure
its businesses are successful, it is pursuing which economic goal?
A. Per capita improvement
B. Economic growth
C. Full employment
ОО
D. Stable prices
SUBT
Answer: It is B
Sorry its a bit late though
Economic growth is the rise or improvement in the market value of the commodities and services generated by an economy within a given fiscal year, adjusted for inflation. Hence option B is correct .
What is Economic growth ?Traditionally, statisticians have calculated growth as a percentage rate of real gross domestic product, or real GDP. In order to remove the inflationary distortion on the prices of produced items, growth is typically calculated in real terms, or terms adjusted for inflation.
Economic growth is measured using national income accounting. Economic growth has both the benefits and disadvantages of GDP growth because it is calculated as the yearly percent change.
The ratio of GDP to population is a typical metric used to compare the economic growth rates of different nations (per-capita income).
'Rate of Economic growth is the term used to describe the yearly geometric growth in GDP from the first to the last year over a period of time.
Without taking into account any variations in the GDP around this trend, this growth rate indicates the trend in the average level of GDP across the time period.
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terry, the owner of river city flooring, is driven by competition. his company sells and installs custom flooring, cabinets, and countertops. river city flooring focuses on customers by delivering quality results on tight deadlines. terry pushes his managers to continually exceed their productivity goals because that is what increases profits
Terry pushes his managers to continually exceed their productivity goals and Terry feels "there is not enough time for training." However, his employees are regularly rewarded for their success in meeting company goals, River City Flooring has an) adhocracy culture.
What is adhocracy culture?Adhocracy culture can be defined as the process in which companies tend to adapt to new changes occurring in their organization so as to achieve a goals.
Most companies or organization tend to make use of adhocracy culture to run their day to day operation or when they want to accomplish a task or when they have a target to meet.
This scenario best illustrate what is called adhocracy culture based on the fact that the owner of the company tend to always pushes his managers to exceed their productivity goals
Therefore the correct option is D.
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The complete question is:
Terry, the owner of River City Flooring, is driven by competition. His company sells and installs custom flooring, cabinets, and countertops. River City Flooring focuses on customers by delivering quality results on tight deadlines. Terry pushes his managers to continually exceed their productivity goals because that is what increases profits. Terry feels "there is not enough time for training." However, his employees are regularly rewarded for their success in meeting company goals, River City Flooring has an) culture. Multiple Choice O hierarchy market clan O o adhocracy
The Food and Drug Administration sets standards for
O advertising.
O product labeling.
O the environment.
O traffic safety.
Answer:
B. Product Labeling
Explanation:
From quizlet
The Food and Drug Administration sets standards for product labeling.
What is product labeling?Product labeling is the details information of what a products entails and this is often writing on the product.
Product labeling is an important standards set by Food and Drug Administration as this help the consumer to be know the following:
The product ingredientHow healthy or unhealthy the product are etcInconclusion the Food and Drug Administration sets standards for product labeling.
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Conflict theorists say that capitalists use the _____ to expand production during economic booms, and then lay off people during economic contractions.
Conflict theorists say that capitalists use the reserve army of labor to expand production during economic booms and then lay off people during economic contractions.
Conflict theory describes the reserve army of labor as a group of jobless or underemployed employees who are easily hired or fired depending on the demands of capitalists or the state of the economy. When the economy is expanding or experiencing a boom, business owners could hire more reserve army personnel to help satisfy the increased demand. However, during economic downturns or contractions, business owners may curtail production and fire employees, adding them to the labor reserve.
This procedure is thought to be a way for capitalists to keep control over the labor force, assuring a workforce that is adaptable and can be quickly tailored to their profit-seeking goals. Conflict theorists contend that capitalists abuse the labor reserve army by utilizing it as a tool to manipulate employment levels and suppress wages.
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Heightened Homes is a real estate firm based in Texas. The company ensures that employees' pay is dependent on what they are capable of doing. The company also supports efforts to empower its employees by encouraging them to be independent and to make decisions in various areas. This, in turn, ensures job enrichment. Based on this information, identify the pay structure being utilized by Heightened Homes. Select one: a. straight piecework plan b. skill-based pay systems c. merit pay system d. differential piece rates e. standard hour plan
Answer: skill-based pay systems
Explanation:
Which promotional tool can be more effective when you are selling a complex product?
A. advertising
B. sales promotion
C. personal selling
D. public relations
Answer:
Personal selling
Explanation:
Personal selling is more flexible than other promotional tools such as advertising and sales promotion.
An advertising company wishes to estimate the mean household income for all single working professionals who own a foreign automobile. If the advertising company wants a 90% confidence interval estimate with a margin of error of $25,000, what sample size is needed if the population standard deviation is known to be $ 27,500?
By substituting the given values into the formula, the calculation yields a sample size of approximately 97 households.
What sample size is needed to estimate the mean household income for single working professionals who own a foreign automobile with a 90% confidence interval and a margin of error of $25,000, assuming a known population standard deviation of $27,500?To estimate the mean household income for single working professionals who own a foreign automobile, the advertising company requires a sample size. With a desired 90% confidence level and a margin of error of $25,000, the known population standard deviation of $27,500 is utilized.
To determine the necessary sample size, the formula \(\left(\frac{{Z \cdot \sigma}}{{E}}\right)^2\) is employed, where \(Z\) represents the z-score corresponding to the confidence level, \(\sigma\) denotes the population standard deviation, and \(E\) signifies the desired margin of error.
Thus, the advertising company would need to survey around 97 single working professionals who own a foreign automobile to estimate the mean household income with the desired level of confidence and margin of error.
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A grocer sells apples for $1.35 each, pears for $1.45 each and oranges for $1.60 each. she also offers a discount of 70c for anyone who buys two pieces of fruit, and a discount of $1.60 for anyone who buys three pieces of fruit. one day she sells 50 pieces of each type of fruit, for a total of $202. how many customers did she have, assuming each customer bought 1, 2 or 3 pieces of fruit?
The number of customers who bought 1, 2 or 3 pieces of fruit is 40.
What is customer?Customer is a person or organization that buys services or goods from a business. Customers are the most important stakeholders for any business as they are the source of revenue for the business. Customers have certain expectations from the business such as quality products, competitive prices, friendly service and delivery of goods and services as promised. Businesses need to closely monitor customer feedback and reviews and take corrective action to ensure customer satisfaction. A good relationship with customers can create loyalty and repeat business for the company. Companies can use various strategies such as loyalty programs, discounts, etc. to build and maintain customer relationships.
She had 40 customers. Here is the mathamatical explanation:
Apples: 50 x $1.35 = $67.50
Pears: 50 x $1.45 = $72.50
Oranges: 50 x $1.60 = $80.00
Total: $220.00
Discounts: 40 x $0.70 = $28.00 & 10 x $1.60 = $16.00
Total Amount: $202.00
Therefore, the number of customers who bought 1, 2 or 3 pieces of fruit is 40.
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Morse is a 50% partner in Ecco Partnership. Morse's tax basis in Ecco on January 2 was $4,000. Ecco did not have unrealized receivables, appreciated inventory, or properties that had been contributed by its partners. On December 31, Ecco made an $11,000 nonliquidating cash distribution to Morse. For the year, Ecco reported $10,000 of ordinary business income. What is the amount of the net capital gain realized by Morse from the cash distribution
Answer:
$2,000
Explanation:
Calculation for the amount of the net capital gain realized by Morse from the cash distribution
First step is to calculate the basis prior to the distribution
Basis prior to the distribution=[$4,000+(50%* $10,000)]
Basis prior to the distribution=$4,000+$5,000
Basis prior to the distribution=$9,000
Now let calculate net capital gain realized by Morse from the cash distribution
Net capital gain realized from cash distribution=($9,000-$11,000)
Net capital gain realized from cash distribution=$2,000
Therefore the amount of the net capital gain realized by Morse from the cash distribution will be $2,000
new projects or products can provide positive indirect effects as well as negative effects. which one of the following appears to be a negative indirect effect?
New projects or products can provide positive indirect effects as well as negative effects. One of the negative indirect effects is increased competition.
Indirect effects refer to consequences that were not intended by the project but that are felt by someone or something that was not involved. In the case of new projects or products, there are positive and negative indirect effects to consider, as stated. Increased competition is a negative indirect effect because it might create competition for an established company or product, which might then lose market share to a new entrant. Aside from increased competition, there are other negative indirect effects that new projects or products may have, such as negative environmental impacts, decreased social cohesion, and increased traffic, among others.
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What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
PLS HELP ASAP WILL GIVE BRAINLIEST!!!
Which of the following choices correctly ranks the four economic markets in order from easiest to enter to most difficult to enter?
a.monopoly, monopolistic competition, oligopoly, perfect competition
b.perfect competition, monopoly, oligopoly, monopolistic competition
c.oligopoly, monopoly, monopolistic competition, perfect competition
d.perfect competition, monopolistic competition, oligopoly, monopoly
According to the aggregate expenditure model in class, the primary determinant of consumption and saving is.
According to the aggregate expenditure model in class, the primary determinant of consumption and saving is the aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
We make the assumption that there are only two parts to aggregate expenditures: consumption and investment, in order to create a straightforward model. Real gross domestic product and real gross domestic income are interchangeable terms, as we discovered in the chapter on measuring total output and income. Gross domestic product and disposable personal income in this economy would be roughly equal if there were no government or foreign sector. To further simplify things, we'll suppose that retained corporate earnings (also known as retained earnings) and depreciation are both equal to zero. Therefore, for the purposes of this example, we presume that personal disposable income and real GDP are equal.
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.
Every morning, Sebastian’s alarm wakes him up. As birds chirp at his window, he dresses and eats breakfast. Sebastian stays informed about current events by tuning in to his favorite radio show during his commute to work. At work, he sits at reception sending e-mails and responding to queries. A chime sounds whenever a client opens the door to let Sebastian know he needs to assist them. Which of the sounds that Sebastian experiences every day require listening rather than hearing?
a. Alarm, bird chirps, radio show, and door chime
b. Alarm, radio show, and door chime only
c. Radio show only
d. Radio show and door chime only
Answer:
I think that's A. Alarm, bird chirps, radio show, and door chime
If not then it's C. Radio show only
Hope this helps, have a nice day/night! :D
Machine has three speed settings, low medium fast the low setting produces 110 units with a 90% quality rating the medium setting produces 120 units with an 80% quality rating in the fast setting produces 140 units with a 70% quality rating if each unit sells for $20 what shutting makes the company the most money in sales win percentage not meeting quality standards cannot be sold
The low setting makes the company the most money in sales, with a total revenue of $1980
To determine which setting makes the company the most money, we need to calculate the total revenue generated by each setting while taking into account the quality rating. For the low setting, the company produces 110 units with a 90% quality rating, which means that 10% of the units are not sellable. So, the total number of sellable units is 110 x 0.9 = 99 units. The revenue generated from selling these units is 99 x $20 = $1980. For the medium setting, the company produces 120 units with an 80% quality rating, which means that 20% of the units are not sellable. So, the total number of sellable units is 120 x 0.8 = 96 units. The revenue generated from selling these units is 96 x $20 = $1920.
For the fast setting, the company produces 140 units with a 70% quality rating, which means that 30% of the units are not sellable. So, the total number of sellable units is 140 x 0.7 = 98 units. The revenue generated from selling these units is 98 x $20 = $1960.
Therefore, the low setting makes the company the most money in sales, with a total revenue of $1980
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A company can buy a machine that is expected to have a three-year life and a $21,000 salvage value. The machine will cost $1,764,000 and is expected
to produce a $191,000 after-tax net income to be received at the end of each year. If a table of present values of $1 at 12% shows values of 0.8929 for
one year, 0.7972 for two years, and 0.7118 for three years, what is the net present value of the cash flows from the investment, discounted at 12%?
Multiple Choice
$105,214
$564 457
$615,438
$689,319
O $1,869,214
< Prev
9 of 25
Next
The net present value of the cash flows from the investment, discounted at 12% is $564,457.
Explanation:
First, we need to calculate the annual cash flows:
Annual net income = $191,000
Add back depreciation (cost - salvage value / useful life) = ($1,764,000 - $21,000) / 3 = $581,000
Annual cash flow = $191,000 + $581,000 = $772,000
Using the present value table given:
PV factor for year 1 = 0.8929
PV factor for year 2 = 0.7972
PV factor for year 3 = 0.7118
NPV = (PV factor for year 1 x Year 1 cash flow) + (PV factor for year 2 x Year 2 cash flow) + (PV factor for year 3 x Year 3 cash flow) - Initial investment
NPV = (0.8929 x $772,000) + (0.7972 x $772,000) + (0.7118 x $772,000) - $1,764,000
NPV = $687,888 - $1,764,000
NPV = -$1,076,112
However, since the salvage value of $21,000 is not accounted for in the NPV calculation, we need to add it back to get the final answer:
NPV + Salvage value = -$1,076,112 + $21,000 = -$1,055,112
Finally, we need to consider that the question asks for the net present value (NPV) of the cash flows, not the total value. So we need to subtract the initial investment from the NPV:
Net present value of cash flows = NPV - Initial investment
Net present value of cash flows = -$1,055,112 - (-$1,764,000) = $708,888
Therefore, the correct answer is not listed in the multiple choice options.
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Williams Auto has a machine that installs tires. The machine is now in need of repair. The machine originally cost $11,400 and the repair will cost $2,400, but the machine will then last two years. The labor cost of operating the machine is $0. 50 per tire. Instead of repairing the old machine, Williams could buy a new machine at a cost of $6,400 that would also last two years; the labor cost would then be reduced to $0. 25 per tire. Williams expects to install 11,400 tires in the next two years. A. Determine the total (two-years) cost for both repairing and replacing the machine
Williams should fix the equipment because it will cost less overall than to replace it.
What is labor cost?Labor expenses are an employer's total out-of-pocket expenditure for hiring employees.
Williams Auto has a machine that installs tires. Even if the equipment needs maintenance, it will only operate for another two years. Operating the machine costs $0.70 per tire in labor. Instead of repairing the old machine.
1. Total cost of Repair = Repair cost + Operating cost
= $1,700+10,700*$0.70
= $1,700 + $7,490
= $9,1902.
2. Total cost to replace = Repair cost + Operating cost
= $5,700+10,700*$0.5
= $5,700+$5,350
= $11,050
Therefore, Williams should repair the machine.
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We best learn from other people's struggles, successes, and stories.
True
O False
Answer:
true bhe
Explanation:
syempre natututo rin tayo sa mga pagkakamali ng iba dahil sa pagkatuto natin alam na natin yung gagawin natin para maiwasan ang pagkakamali nila.
Answer:
true
Explanation: