Thailand's exports increase and Thailand's aggregate demand decreases this will happen to Thailand’s exports to Malaysia and Thailand’s aggregate demand.
What is aggregate demand?A macroeconomic term for the total demand for goods and services in an economy at a certain time is aggregate demand (AD), often known as domestic final demand (DFD). It is commonly known as effective demand, despite other instances when this phrase is distinguished. A country's gross domestic output is in demand in this way. The aggregate demand curve is shown by a line drawn between the price level and the real production on the horizontal axis. By virtue of the equilibrium of the financial market, the Keynes effect states that rising prices indicate a smaller real money supply and, thus, higher interest rates. Because of this, it is likely that there will be less money spent on purchasing new physical capital, which will reduce overall demand for goods.
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For each market, determine whether each market is likely to have sufficient barriers to entry to allow individual firms to make positive economic profits in the long run. Classify each market as possessing sufficient barriers to entry or not possessing sufficient barriers to entry. Sufficient barriers to entry No significant barriers to entry Answer Bank the market for lawn-care services the market for wireless telecommunications (such as mobile phone service) the market for sport-utility vehicles the market for aspirin
The markets that have adequate entrance barriers are the market for wireless telecommunications, sport-utility vehicles or don't have enough entry barriers are market for lawn-care services and aspirin.
The wireless telecommunications industry is a shining example of a sector with high enough entry barriers. This is due to the high cost of installing the network towers and other necessary equipment to run telecommunication networks. Therefore, the cost of admittance is a barrier.
The demand for sport-utility vehicles, which may be pricey to construct, is the same. Additionally, consumers are familiar with the brands of the firms in the market because it doesn't need a lot of expertise or specific equipment, the market for lawn care services has minimal entry barriers.
Thus, the market with barriers and without any entry barriers are listed in the description.
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after successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of cornwall enterprises. unfortunately, you will be the only person voting for you. if the company has 415,000 shares outstanding, and the stock currently sells for $48, how much will it cost you to buy a seat if the company uses straight voting? (do not round intermediate calculations.)
It will cost $9,752,500 for the company to buy a seat if the company uses straight voting
Number of shares: 415,000
Share price: $47
If the company uses straight voting
STEP 1: To ensure that there are enough votes cast to win the election if the firm utilizes straight voting, it should possess half the shares plus one additional share.
Number of shares needed = (Number of shares available for voting ÷ 2) + 1
Number of shares needed = (415,000 ÷ 2) + 1
Number of shares needed = 207,501
STEP 2: Total cost will be the product of share price and the number of shares needed.
Total Cost = Share Price × Number of shares needed
Total Cost = $ 47 × 207,501
Total Cost = $ 9,752,500
It will cost $9,752,500 if the company uses straight voting.
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what is the marketing practice of actively shaping your brand to create a cohesive look?
The term branding refers to the marketing practice of actively shaping a distinctive brand.
advertising and marketing refers to sports a company undertakes to promote the shopping for or promoting of a services or products. marketing includes advertising, selling, and delivering merchandise to purchasers or other businesses. a few marketing is done by using affiliates on behalf of a enterprise. advertising is the method of exploring, developing, and delivering fee to fulfill the wishes of a goal market in phrases of goods and services; doubtlessly together with selection of a target audience; choice.
it is, in short, an action taken to carry attention to a business' services; they can be bodily goods on the market or services supplied. commonplace examples of advertising at paintings include tv advertisements, billboards on the side of the road, and mag advertisements.
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A zero-based budget is a budget that is continuously updated so that the next 12 months of operations are always budgeted.
a. True
b. False
A zero-based budget is one that is continuously updated to account for the upcoming 12 months of operations. The statement is false.
What Is a Budget Based on Zero?Peter Pyhrr, a former account manager at Texas Instruments, invented zero-based budgeting in the 1960s. Zero-based budgeting, in contrast to traditional budgeting, starts at zero and justifies each spending for a reporting period. Instead of the incremental budget increases observed in standard budgeting, zero-based budgeting starts from fresh and analyzes each individual demand of the business.
What Benefits Can Zero-Based Budgeting Offer?Zero-based budgeting has many benefits as an accounting technique, including targeted operations, decreased expenses, budget flexibility, and strategic execution. Managers become more aware of the top revenue-generating operations when they consider how each dollar is spent.
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an analyst is interested in assessing both the efficiency and liquidity of spherion plc. the analyst has collected the following data for spherion: fy3 fy2 fy1 days of inventory on hand 32 34 40 days sales outstanding 28 25 23 number of days of payables 40 35 35 28 problems based on this data, what is the analyst least likely to conclude? a. inventory management has contributed to improved liquidity. b. management of payables has contributed to improved liquidity. c. management of receivables has contributed to improved liquidity
Analysts least likely to assess that handling of receivables has enhanced liquidity.
How does liquidity work?The ability of a corporation to convert assets into cash or to get money a loan or cash in the bank—to meet its short-term liabilities or obligations is known as liquidity. How much money, and how quickly, could your company access if it had to settle its debts today
What constitutes a liquid example?Because it is the easiest asset to use, cash is regarded as the most liquid. Money might be in the form of coins, bills, or the balance in a checking or savings account. Cash is highly helpful for paying for urgent necessities and expenditures, such as rent and emergency savings.
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an employer can eliminate a worker’s medical, optical, or dental insurance coverage on the voluntary termination of the worker’s employment.
An employer can not eliminate a fundamental policies on the voluntary termination of the worker’s employment.
These basic rights are proportional to a worker’s duty to make the workplace as comfortable and employee-friendly as possible. These rights safeguard the workers from discrimination based on age, gender, race or religion, protect their interest and entitles them with the right to privacy and fair remuneration.
The employment laws in India lay down several provisions to safeguard the interest of employees, some of which are not applicable to all the employees working in different sectors. For instance, there are no specific laws that governs the rights and obligations of employees / workers working in the private sector.
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a mutual fund that invests in investment-grade corporate debt with maturities between 3 and 10 years is called a(n)
A mutual fund that invests in investment-grade corporate debt with maturities between 3 and 10 years is called a small-cap fund.
A significant amount of the investable corpus of small-cap funds is placed in equity or equity-related securities of small-cap enterprises. Small-cap plans are required by the Securities and Exchange Board of India (SEBI) to invest at least 80% of their total assets in small-cap firms. Additionally, SEBI classifies small-cap businesses as those whose market capitalization ranks them below the 250th position. These are businesses with a market capitalization of fewer than 500 crores of rupees.
It's vital to remember that small-cap funds are very risky. The share prices of small-cap companies can be significantly impacted by even the smallest amount of market volatility. These stocks do, however, have a great potential to provide spectacular gains.
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Which accounting concept applies when expenses are reported in the same fiscal period that they are used to produce revenue?
The matching principle concept applies when expenses are reported in the same fiscal period that they are used to produce revenue.
An expense is a price that organizations incur in going for walks in their operations. Prices encompass wages, salaries, maintenance, lease, and depreciation. Fees are deducted from revenue to arrive at profits. agencies are allowed to deduct sure charges from taxes to assist alleviate the tax burden and bulk up income.
Running charges include the fee of income, achievement, advertising, era and content, fashionable and administrative, and others. Non-operating expenses comprise interest rate (and earnings), and other expenses (profits).
For most corporations, the 5 finest fees are personnel, physical location, capital device, improvement fees, and a fee for goods bought.
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______consists of all the activities concerned with obtaining money and using it effectively.
an accounting software company aligned its marketing mix strategy and tactics with its overall corporate objectives. when it came time to use its marketing strategy and tactics, the team failed to enforce the new tactics and returned to an older version of the 4ps mix. they spent over half of the allocated total marketing funds to run advertisements in direct competition with a much larger accounting software competitor instead of sticking with its original advertising campaign strategy. what areas did this company fail to do well?
The marketing mix strategy and methods of an accounting software company were in line with its overarching business goals. Here is a list of the areas where this company fell short.
What are the areas where the company struggles?The business struggled to apply the marketing mix's objectives and methods and to align their budget.
What are the marketing mix's four Ps?The four main components of a marketing strategy are product, pricing, place, and promotion, often referred to as the marketing mix or the four P's of marketing.A foundational business model known as the "marketing mix" has historically focused on the four Ps of product, price, place, and promotion. The term "collection of marketing instruments that the firm utilizes to accomplish its marketing objectives in the target market" refers to the marketing mix.
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What Is the Credit Card Accountability, Responsibility, and Disclosure or Credit Card Act of 2009?
The law requires perpetual lending practices and enhanced consumer disclosures limits related consumer fees and charges increases related penalties and restricts and limits the issuance of credit cards to minors and students. Amend the Lending Truth Law to establish protection.
The CARD Act also introduced rules for young adults wishing to open a credit card account and set a general minimum age of 21 for opening a credit card without a co-signer. You can pay off your credit card debt. Cryptocurrency news. personal finance news.
Credit Cardholders' Bill of Rights Act of 2009 prohibits a creditor from increasing the Annual Percentage Rate applied to the existing balance of outstanding credit on his card account unless specific conditions apply To, correct the truth of the lending law. Definitions of the Credit Card Accountability Liability and Disclosure Act of 2009.
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the board of directors declared cash dividends totaling $1,200,000 during the current year. the comparative balance sheet indicates dividends payable of $250,000 at the beginning of the year and $100,000 at the end of the year. what was the amount of cash payments to stockholders during the year? $fill in the blank 1
The amount of cash payments to stockholders during the year. Calculating the total amount of cash payments as follows, to stockholders: = Cash plus the initial balance of the dividend payable dividend declared - final dividend balance payable $1,350000.
= $250,000 + $1,200,000 - $100,000
= $1,350,000
To determine how much money will be paid in cash to We included the cash dividend for investors. declared, then subtract the final balance of dividend will be paid on the initial balance of dividends due Cash dividends to stockholders represent the aggregate amount received by a company's shareholders in a given year. Included in it are the debts owed to in addition to cash, to them at the beginning of the year. throughout the year. dividends due at the start plus dividends for
the final dividends for the year43,200 + 160,000- 38,900 = $164,300.
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when individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained.
When individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained. The calculated test statistic is equal to 4.
How to solve for the test statisticFirst we have to get the expected value. The expected value based on its probability distribution, describes the long-term average level of a random variable.
We have Ei = ∑x/n
x = 150
n = 3
= 150 / 3
= 50
n = 3
Next is the test statistics
We would have to solve for (Oi-Ei) and (Oi-Ei)²
40 - 50 = -10, -10² = 100
60 - 50 = 10, 10² = 100
50 - 50 = 0, 0 ² = 0
Next we have to solve (Oi-Ei)²/Ei
100 / 50 = 2
100 / 50 = 2
0 / 50 = 0
The test statistic = 2 + 2 = 4
Hence we have that the calculated value of the test statistic from the sample is 4.
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When individuals in a sample of 150 were asked whether or not they supported capital punishment, the following information was obtained.
Do You Support
Capital Punishment?
Number of
Individuals
Yes 40
No 60
No Opinion 50
We are interested in determining whether or not the opinions of the individuals (as to Yes, No, and No Opinion) are uniformly distributed.
Refer to Exhibit 11-1. The calculated value for the test statistic equals
the short-run equilibrium level of real gdp is not necessarily the full-employment level of output that is consistent with the long run. (true or false)
Real GDP and price level both rise in the near run if aggregate demand rises to AD 2. Real GDP and price level both fall in the near run if aggregate demand falls to AD 3.
What occurs to real GDP during the short term?Real GDP and price level both rise in the near run if aggregate demand rises to AD 2. Real GDP and price level both fall in the near run if aggregate demand falls to AD 3.Full employment is not always achieved by the equilibrium production. A GDP gap is created by the difference between the two outputs, which could result in inflation or a recession.When the level of total production required and provided equals one another, an economy is considered to be in short-term equilibrium. In the AD-AS model, the intersection of the short-run aggregate supply and aggregate demand yields the short-run equilibrium output (SRAS).To learn more about GDP refer to:
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What are the 5 steps to open a bank account?
The steps to open a bank account are:
Have an identity card or registry of identity.To have a proof of address in the name of the account holder.To have a telephone number.To have an e-mail address.In case of being a foreigner, to have a legible and valid passport.What is a bank account?It is a financial contract that a person or a company has with a bank that is managed virtually or physically, bank accounts are intended to store the financial income of individuals in order to manage them.
It should be noted that a bank account can be opened for current or savings accounts, depending on the person's benefit.
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we introduced gdp, gnp, unemployment rate, employment rate, the labor force, inflation rate, cpi - consumer price index. which one do you think is the most important, least important, most inaccurate measure, and accurate measure.
The measurements of economics:
Most important - GDP, GNP
Least important - Inflation rate
Most accurate - GDP, Labor force
Least accurate - CPI, Unemployment rate
Physical, nominal price value, and fixed price value are the types of measurements used in economics. These metrics vary from one another depending on the variables they measure and the variables they do not include in their calculations. Quantity, quality, and distribution are the measurable factors in economics. A physical measurement can quantify a variable's amount while maintaining its integrity. Utilizing a physical measure assumes that the measurement object's quality has been determined and continues to be homogeneous. The measurement yields data that are difficult to understand if the presumption of unchanged quality is not met.
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An outstanding check is one that has been issued but not yet reported on a bank statement by the bank.
a. True
b. False
An outstanding check is one that has been issued but not yet reported on a bank statement by the bank is True.
A pending check is a check that has been written but has not yet been reported to your bank statement by the bank. The bank requires the signature card to be signed by the person authorized to sign. The first document in the electronic transmission is the memorandum.
A check is unpaid if the payee has not cashed or deposited the check. This means that the payer's bank account has no balance and will not show up on the month-end bank statement. Since the check is unpaid, it means that it is a liability to the payer. A drawn check that has not yet been credited to the bank for payment.
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the pan american bottling company is considering the purchase of a new machine that would increase the speed of bottling and save money. the net cost of this machine is $55,000. the annual cash flows have the following projections. use appendix b and appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. year cash flow 1 $ 28,000 2 26,000 3 26,000 4 31,000 5 12,000 if the cost of capital is 15 percent, what is the net present value of selecting a new machine? note: do not round intermediate calculations and round your final answer to 2 decimal places.
A discounted metric of capital budgeting called the internal rate of return is used to determine whether or not potential investments will be profitable. The net present value (NPV) of cash flows is null at IRR.
Using a financial calculator or the hit-and-run method, it can be calculated.
A metric used in financial analysis to estimate the profitability of potential investments is the internal rate of return (IRR). In a discounted cash flow analysis, the IRR is a discount rate that sets the net present value (NPV) of all cash flows at zero. The NPV and IRR calculations use the same formula.
How is IRR calculated and defined?
The IRR, which is the interest rate at which all cash flows equal zero, can be used to compare investments. If we substitute 13.92% for 8% in the preceding example, the NPV will become zero, and that will be your IRR. As a result, the discount rate at which a project's NPV reaches zero is referred to as IRR.
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every second, the sun converts about 600 million tons of hydrogen into 596 million tons of helium. the remaining 4 million tons of mass is __________.
Every second, the sun converts about 600 million tons of hydrogen into 596 million tons of helium. The remaining 4 million tons of mass is converted to an amount of energy equal to 4 million tons times the speed of light squared.
Speed of light, speed at which light waves propagate through exclusive substances. in particular, the value for the speed of light in a vacuum is now described as precisely 299,792,458 metres per second. the velocity of light is considered a fundamental regular of nature.
Today the speed of light, or c because it's generally acknowledged, is taken into consideration the cornerstone of special relativity – unlike space and time, the speed of mild is regular, unbiased of the observer.
The velocity of mild in vacuum is 3×108 m/s. sunlight takes about eight minutes to attain the Earth. specific distance of the sun from Earth in popular form.
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richard roll, in an article on using the capital asset pricing model (capm) to evaluate portfolio performance, indicated that it may not be possible to evaluate portfolio management ability if there is an error in the benchmark used. in evaluating portfolio performance, describe the general procedure, with emphasis on the benchmark employed. explain what roll meant by the benchmark error and identify the specific problem with this benchmark
Financial models that select the wrong benchmark make benchmark errors, which produce false results.
What does the term "benchmark" in forex mean?A standard is a reference point used to evaluate something. Benchmarks are used by investors to evaluate the performance of shares, mutual funds, ETFs, portfolios, and other types of investment vehicles.
Why is benchmarking necessary and what does it entail?Comparing a company's measurements to those of other companies in order to determine what is successful in each industry is known as benchmarking. This procedure's implementation can have a number of advantages, such as higher productivity and revenue, guaranteeing that a levelling rod can be precisely reinstalled in the same location in the future.
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refer to the data below. this firm is: * 1 point captionless image a) selling its product in a purely competitive market. b) selling its product in an imperfectly competitive market. c) hiring workers in a purely competitive market. d) hiring workers in an imperfectly competitive market.
The firm is (a) selling its product in a purely competitive market and (c) hiring workers in a purely competitive market.
The inverse of perfect competition is a form of the market called imperfect competition. Compared to markets with ideal competition, these marketplaces are more realistic. Imperfect competition can take many different forms, including oligopoly, monopoly, monopsony, and monopolistic competition. These markets have products that are either inconsistent or lack close substitutes.
Due to the fact that the product pricing is the same for all units, the company is (a) selling its product in a market that is only competitive and (c) hiring employees in a market that is only competitive. Only in the ideal circumstance of a competitive market can this occur.
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the capability maturity model integration is (cmmi) is: group of answer choices a process improvement approach. a cost savings approach. a risk management approach. a project closeout approach.
The capability maturity model integration is (cmmi) is a process improvement approach. The Option A is correct.
What is the Capability Maturity Model Integration?The model Integration refers to a process and behavioral model that helps organizations streamline the process improvement and encourage productive, efficient behaviors that decrease risks in software, product, and service development.
This integration is was developed by the Software Engineering Institute at Carnegie Mellon University as a process improvement tool for projects, divisions, or organizations. The DoD and U.S. Government helped develop the CMMI which is a common requirement for DoD and U.S. Government software development contracts.
In conclusion, the model Integration is designed to help improve performance by providing businesses with everything they need to consistently develop better products and services.
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if carnival cruise lines spent $700 million on upgrading its entire ship fleet, what stage would they be in according to the crisis life cycle? g
According to the crisis life cycle, if Carnival Cruise Lines invested $700 million in renovating its entire ship fleet, it would be in the Recovery stage. Thus, the correct answer is the Recovery stage.
What are crisis response and recovery?During this stage, the emphasis is on returning to normalcy and restarting everyday operations. During the recovery period, communication focuses on post-crisis counseling and restoration to pre-crisis policies and operations.
The Crisis Event Response and Recovery Access Framework are aimed at assisting state, municipal, and regional efforts to ensure the safe travel and access of vital response and recovery resources prior to, during, and after calamities. Every crisis has six stages: (1) warning; (2) risk assessment; (3) reaction; (4) management; (5) resolution; and (6) recuperation. This is the fifth of six subject briefings that will look at a specific crisis stage, identify specific concerns, and suggest doable remedies.
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What income refers to the money that a person has available to spend or save after taxes are paid?
Disposable income is the income refers to the money that a person has available to spend or save after taxes are paid.
Disposable income, also known as disposable personal income (DPI), is the amount of money that an individual or household has to spend or save after income taxes have been deducted.
When your employer does payroll, they incorporate saved portions for government annual assessment, Federal retirement aide and Government health care. In certain areas, you could likewise have state and neighborhood personal charges kept too.
Once your employer makes these derivations from your pay, the sum you get is your extra cash.
Market analysts additionally utilize extra cash to decide the amount of cash purchasers possess to spend and the amount of they possess to save.
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If a business decides to act outside of the prevailing ethical norms of that community:_________
1) It risks damage to its reputation and ill will.
2) There really is no risk to businesses since the community really needs the business to survive.
3) It only has to worry about the legal implications of its actions.
4) It takes the chance the law will impose fines against it.
5) There should be no concerns because the business can move to another community if it needs to.
If a business decides to act outside of the prevailing ethical norms of that community It risks damage to its reputation and ill will.
The corporation may risk losing its reputation with the public at large even if the authorities do not penalize it for violating ethical standards. There are times when unethical actions go unpunished because they are legal but unethical.
Business ethics addresses moral quandaries or problematic circumstances that a company may encounter. Corporate ethics often includes a set of rules and practices that promote consumer trust. Minimum wage requirements, restrictions on insider trading, and environmental regulations are only a few examples of business ethics that are partially codified in the law. The corporate ethics of a company, on the other hand, can be significantly impacted by management style, which has effects on the entire business.
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The eu passed a carbon tax on what international commodity (that they ultimately overturned due to its unpopularity)?
Travel international good was subjected to a carbon price that the EU eventually repealed due to public unpopularity.
Finland was the first nation in the world to enact a carbon tax in 1990. Since then, carbon taxes have been implemented in 19 European nations, ranging from less than 1 per metric ton of carbon emissions in Poland and Ukraine to more than 100 in Sweden, Liechtenstein, and Switzerland.
The implementation of carbon pricing is the issue, not the concept as written. Economists contend that for a carbon price to be successful, it must be high enough to make polluters liable for the externalities they cause. Additionally, all economic sources of carbon emissions must be covered.
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Levine's argument about Reconstruction in the excerpt differs from that of Langguth in that Levine argues (Two excerpts end of Reconstruction)
Levine's discussion of the reconstruction in the excerpt differs from Langs' in what Levine claims that Northern Republicans withdrew their support for Reconstruction policies.
What impact did the Laws of Reconstruction have?On March 2, 1867, Congress overruled President Andrew Johnson's veto and passed the four laws known as the Reconstruction Act "outlining what the former Confederate states must do to rejoin the United States". Congress was dominated by Republicans, many of whom wanted to punish Southern secession.
These laws divided the former Confederate states, except Tennessee, into five military districts and established processes for re-entry into the United States.
What is the plan for reconstruction?Reconstruction achievements include the South's first state-funded public school system, fairer tax laws, laws against racial discrimination in public transportation and housing, and an ambitious economic development program ( (including subsidies to railroads and other projects).
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The management of kunkel company is considering the purchase of a $27,000 machine that would reduce operating costs by $7,000 per year. at the end of the machine’s five-year useful life, it will have zero salvage value. the company’s required rate of return is 12%.
Required:
a. Determine the net present value of the investment in the machine.
b. What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
1) The net present value of the investment in the machine is (-1,767).
2) Over the course of the machine's lifetime, there will be an $8000 discrepancy between cash inflows and outflows that hasn't been discounted.
Capital budgeting is a method by which a business determines whether a project is worthwhile. This method assesses the prospective project or investment's profitability. It evaluates the investment's potential profits and hazards. There are various ways to evaluate a project in capital budgeting. Some of the methods include internal rate of return, payback period, and net present value.
1. Calculation of the net present value of the investment:
Year Cash Flows Present Value Present Value
Factor (12%)
(a) (b) (c) (b * c)
0 (-$27000) 1 (-$27000)
1 $7000 0.8929 $6250
2 $7000 0.7972 $5580
3 $7000 0.7118 $4982
4 $7000 0.6355 $4449
5 $7000 0.5674 $3972
NET PRESENT VALUE (-$1767)
As a result, the machine's investment has a net present value of (-1,767).
According to the information provided in the question, the device would save running expenses by $7,000 a year; as a result, it creates an annual cash inflow. The cash flows for each period of the machine's life are multiplied by the value according to the specified discounting factor. The machine's net present value is ($1,767), which is a negative number. As a result, the machine investment plan shouldn't be approved.
2) Over the course of the machine's lifetime, determine the difference between undiscounted cash inflows and cash outflows as follows:
Difference = Undiscounted Cash Inflows - Undiscounted Cash Outflows
Difference = $35000 - $27000
Therefore, the difference = $8,000
Calculation of the undiscounted cash inflows:
Undiscounted Cash Inflows = Cash Inflow during each year * Number of periods (years) of cash inflow
Undiscounted Cash Inflows = 7000 * 5 = $35,000
Therefore, during the course of the machine's lifetime, there will be an $8 000 discrepancy between undiscounted cash inflows and cash outflows.
The period of cash inflows and the cash inflow for each period are multiplied to determine the undiscounted cash inflow. The undiscounted cash outflow, or the machine's acquisition price, has been set at $27,000. By subtracting the cash outflow from the undiscounted cash inflows, the difference between the two is computed.
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a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange. a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange. false true
The given statement that a firm's promotion mix refers to the combination of different promotional tools used to persuade consumers to participate in an exchange is true .
Marketing mix in marketing strategy :
Product, price, location, promotion comes in it. A marketing mix is the set of controllable, tactical marketing tools a company uses to get the desired response in its target market. This includes everything companies can do to influence demand for their products.
includes the following types:
Promotional MixesMedia MixesProductionsSales, Etc.Promotional Mixes are specific combinations of promotional tools that companies use to communicate with their audiences. Promotion mix refers to all decisions related to the promotion of a product or service. Elements of the promotional mix include advertising, promotions, personal sales, and public relations.
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an agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. t or f
An agency relationship can arise by ratification, which involves a determination of intent expressed by words or conduct. This statement is true.
An agency relationship is a relationship where someone appoints someone else to carry out duties for them. The agency relationship definition is a relationship between two entities, a principal and an agent, where the principal gives the agent legal permission to act on the principal's behalf. A common scenario of an agency relationship is when someone hires an attorney to perform legal work for them.
In this instance, the agent has legal permission to carry out what is needed for the principal.
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