Stay balanced over the long haul is the last route marker managers should follow on the proven path to it enablement in order to help their company maximize their return on IT investments.
IT investment, often known as information technology investment, refers to the spending of information technology resources to support management and mission fulfillment. This may comprise a project or projects for the creation, modernization, improvement, or upkeep of a single information technology asset or a collection of related IT assets, as well as the operation of such assets in a real-world setting. These investments must have a clearly defined life cycle with start and end dates. The end date must be consistent with the investment's most recent alternatives analysis, if applicable, and indicate the end of the investment's presently anticipated usable life.
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a high-end jewelry store like tiffany's sells fewer pieces of jewelry than a popular-priced store like kay jewelers. tiffany's makes up for lower volume by charging premium prices, which means that tiffany's is using a pricing strategy.
A high-end jewelry store like tiffany's sells fewer pieces of jewelry than a popular-priced store like kay jewelers. tiffany's makes up for lower volume by charging premium prices, yes its true tiffany's is using a pricing strategy.
When selling a product or service, a firm can employ a number of different pricing tactics. Senior executives must first analyze the company's price position, pricing segment, pricing capacity, and competition pricing reaction strategy in order to select the most successful pricing strategy. Pricing tactics and strategies differ from company to company as well as from different countries, cultures, and business sectors. Additionally, they fluctuate over time as markets, sectors, and overall economic conditions evolve. Pricing guidelines control how much companies charge for their goods. Pricing can be chosen to maximize profits from either the market as a whole or from each individual item sold. It can also be used to gain market share inside a market, to protect an existing market from new competitors.
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maxim has already spent $28,300 to manufacture a hamster food product called green health. maxim currently has 10,000 bags of green health on hand that can be sold for $90,640. alternatively, maxim can process it further into a different product, premium green, at an additional cost of $6,050. if maxim processes further, the premium green can be sold for $98,700. the incremental income to process further is:
The incremental income to process further is:
Incremental revenue=$8000(98000-90000)
Incremental costs=$6000
Incremental benifit=$2000
In accounting, revenue is the overall amount of earnings generated by the sale of products and services related to the number one operations of the business. [1] commercial sales will also be called income or as turnover. a few companies get hold of revenue from hobby, royalties, or different charges.[2] "sales" may additionally talk over with profits in general, or it can refer to the quantity, in a monetary unit, earned at some point of a time frame, as in "ultimate yr, business enterprise X had sales of $forty two million".
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the company wants to end each month with ending finished goods inventory equal to 10% of the next month’s sales. finished goods inventory on december 31 is 300 units. the budgeted production units for january are:
The company wants to end each month with ending finished goods inventory equal to 10% .Budgeted production in January 2,910 units.
Production budget is a term used especially in film production and more generally in business. A 'Film Production Budget' determines how much money is spent on the entire film project. This includes identifying elements and estimating the cost of each stage of film production.
The production budget calculates the number of units of product that must be manufactured and is derived from a combination of sales projections and the projected amount of finished inventory (usually used as safety stock to cover unexpected increases). increase). Asked).
The product cost budget determines the total cost incurred by a company to create a product on a regular basis. Managers can further calculate the cost per unit by dividing the estimated units produced according to the production budget.
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All of the following are operating budgets except the sales budget b. operating expenses budget e. budgeted income statement d. cash budget
All of the following are operating budgets except cash budget.
Capital costs are commonly excluded from an working budget. The time period working refers to a declaration of operations (profits declaration) which does now no longer encompass capital expenditures.The working budgets encompass the budgets for sales, production costs (materials, labor, and overhead) or products purchases, promoting charges, and standard and administrative charges.
Often abbreviated as OPEX, working charges encompass rent, equipment, stock costs, marketing, payroll, insurance, step costs, and price range allotted for studies and development. By contrast, a non-working cost is an cost incurred through a enterprise this is unrelated to the enterprise's middle operations.
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the general rule of thumb for new startups is to . a. immediately line up one committed investor with deep pockets b. avoid seeking investment for as long as possible c. seek many small investments from a wide range of people right away d. try to get as much funding as possible as soon as possible
The general rule of thumb for new startups is to avoid seeking investment for as long as possible
When does a business venture cease to be a startup?
The 50-100-500 rule was developed by Alex Wilhelm of Techcrunch and claims that an organization may no longer be considered a startup if its sales reaches $50 million, it employs 100 people or more, and it is valued at $500 million or more.
How long does it take a new business to turn a profit?
While a first-year profit is always appreciated, companies shouldn't be expected to be successful right away, and nobody should be counting on them to do so. The average timeframe for a business to become profitable is three to four years.
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Which male character appears in the upper right box during the opening credits of the brady bunch?.
Mike Peter Roger Bobby can be seen in the right upper box during The Brady Bunch's opening credits.
Are all of the Brady Bunch characters still alive?In a very Brady reunion, "Brady Bunch" cast members pay tribute to Florence Henderson. Together with their two on-screen relatives, Maurice Mcdonald (Hefner) and Eve Plumb, they make up the only four surviving members of the Bbc family (Jan). Dad's character Robert Reed passed away in the early 1990s, while Alice's character Ann B. Davis passed away in 2014.
What sparked controversy over The Brady Bunch?In spite of the Bradys' humorous antics, there were off-screen drug issues, strong cast bonds, covert sexual orientation, and narrative conflicts. The Brady Bunch, an ABC television program that ran from September 1969 to March 1974, was created and produced by Sherwood Schwartz.
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phil frugal has been saving his pennies since he was 5 years old. he is now 45 and deposits his savings in a bank. his pennies total $5,000. using this information and your knowledge of the banking system, select the best match for each item. then calculate the values of reserves, required reserves, and excess reserves. assume a required reserve ratio of 10%. a. the amount of interest the bank must charge on a loan required reserves excess reserves reserves none of these b. the amount of funds banks must, by law, hold in reserve required reserves excess reserves reserves none of these c. the amount a bank has on hand to fulfill the cash demands of its customers and the reserve requirements of the fed required reserves excess reserves reserves none of these d. the amount of reserves the bank owes to other banks required reserves excess reserves reserves none of these e. the maximum amount of reserves available for loans required reserves excess reserves reserves none of these f. the amount of reserves the bank must set aside to loan to member banks required reserves excess reserves reserves none of these enter the values of reserves, excess reserves, and required reserves. reserves: $ excess reserves: $ required reserves: $
If the statutory reserve ratio is 10% and the sum of his pennies is $5,000. $500 in reserves, $4,500 in excess reserves, and $5,000 in necessary reserves.
The three types of reserves are necessary, surplus, and reserves.
A - Reserves
Reserves = Pennies total × Reserve ratio
= $5000 × 0.10
= $500
B - Excess reserves
Excess reserves = Pennies total + Reserves
= $5000 - $500
= $4,500
C - Required Reserves:
Required reserves = Reserves + Excess reserves
= $500 + $4500
= $5,000
Because of this, the reserves are $500, the excess reserves are $4,500, and the required reserves are $5,000.
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using a price skimming strategy, apple stakes out a price and then maintains and defends that price by significantly increasing the value of their products in future iterations. apple gives priority to profits over market share, making people starve for the new upgraded product. apple's price skimming strategy is most often used for a new product when
Apple's price skimming strategy is most often used for a new product when the product is perceived by the consumer as having unique advantages.
What is the price skimming strategy?It corresponds to a technique used by companies to raise the price of a new product on the market while it is still the only one available and, after the entry of new competing products, reduce the price, changing the consumer's perception.
Therefore, the price skimming strategy helps in the psychosocial perception of the target public of a company that chooses to consume a product of a brand in relation to its competitors because it is perceived as having greater value and having a competitive price.
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Nathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its______
to reach
Nathan gauged the level of exposure to his marketing campaign using the percentage of the target population exposed at least once to his advertisement, representing its to reach.
Through various media, including print, radio, television, and online platforms, marketing efforts spread the word about items. Marketing Campaigns can also use interactive approaches like video conferencing, demonstrations, and other interactive media in addition to traditional advertising.
Businesses that operate in very competitive markets and franchisees could launch frequent marketing campaigns and invest a lot of money in building brand awareness and driving sales. Creating a brand image, introducing a new product, boosting sales of an existing product, or even lessening the impact of bad news are all possible objectives for marketing efforts.
The purpose of a campaign is typically what determines how much marketing is required and what media are most effective for reaching a particular demographic.
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question 3 when designing a dashboard, how can data analysts ensure that charts and graphs are most effective? select all that apply.
When designing a dashboard, a. Place them in a balanced layout b. Include as many visual elements as possible can data analysts ensure that charts and graphs are most effective by Place them in a balanced layout.
What exactly does a data analyst do?Data analysts assess the available information to better understand a company's clients and identify opportunities to use the data to address problems.
They inform the management of the organization as well as other stakeholders.
Many data experts consider the field of data analytics as stressful. This means that anyone thinking about a career in data analytics and science ought to reevaluate their goals and carefully weigh their possibilities.
Contrary to popular opinion, data analysis involves both "hard" and "soft" talents.
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Complete Question:
When designing a dashboard, how can data analysts ensure that charts and graphs are most effective? Select all that apply.
Multiple Choice Question. Please Choose The Correct Options:
A
Place them in a balanced layout
B
Include as many visual elements as possible
C
Incorporate all of the data points from the analysis
D
Make good use of available space
relevant range and fixed and variable costs child play inc. manufactures electronic toys within a relevant range of 20,000 to 150,000 toys per year. within this range, the following partially completed manufacturing cost schedule has been prepared: complete the cost schedule. when computing the cost per unit, round to two decimal places. toys produced 40,000 80,000 120,000 total costs: total variable costs $720,000 d. $fill in the blank 1 j. $fill in the blank 2 total fixed costs 600,000 e. fill in the blank 3 k. fill in the blank 4 total costs $1,320,000 f. $fill in the blank 5 l. $fill in the blank 6 cost per unit variable cost per unit a. $fill in the blank 7 g. $fill in the blank 8 m. $fill in the blank 9 fixed cost per unit b. fill in the blank 10 h. fill in the blank 11 n. fill in the blank 12 total cost per unit c. $fill in the blank 13 i. $fill in the blank 14 o. $fill in the blank 15
Fixed costs do not change with total output, they are the same regardless of the number of units produced. Variable costs change in proportion to changes in total production.
Toys produced 40,000 80,000 120,000
Total costs:
Total variable costs $720,000 $1,440,000 $2,160,000
Total fixed costs $600,000 $600,000 $600,000
Total costs $1,320,000 $2,040,000 $2,760,000
Cost per Unit
Variable cost $18 $18 $18
Fixed cost $15 $7.50 $5
Total cost $33 $25.50 $23
As total output increases, variable costs increase. Fixed costs are operating costs that are unavoidable regardless of the level of production. These are the opposite of variable costs, which depend on the level of production or sales. Fixed costs are costs associated with capital, such as machinery; variable costs are labor costs.
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assume jones company has 2,000 outstanding shares of 2%, $2 par value preferred stock and has declared the cash dividend as a payable. what is the amount of total dividends owed to preferred stockholders?
Take $200 from paid-in capital to repurchase shares. Which of the following happens when a business repurchases its shares and immediately retires the stock. The initial sale price of the shares is deducted from the equity accounts.
To the closest percent, what is the rate of return on common stockholders' equity?By dividing the earnings available to common stockholders by the average amount of common stockholders' equity, one can determine the rate of return on common stockholders' equity. Given that preferred shareholders must receive $8,000 in dividends, the return on common equity is (50,000 – 8,000) / 180,000, or 23%.
What is the term used when a company reduces the number of shares it has outstanding by exchanging 1 share for 10 shares?A reverse stock split lowers the number of outstanding shares for a company.
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Maxine lost her job as an electrical engineer with a large company which had provided health insurance benefits for Maxine and her family. She now:
is protected under COBRA, which allows her continued health insurance coverage for 18 months as long as she pays the cost.
Maxine lost her job as an electrical engineer with a large company that had provided health insurance benefits for Maxine and her family. She now: is protected under COBRA, which allows her continued health insurance coverage for 18 months as long as she pays the cost.
Insurance is a means of protection from economic loss in which, in change for a fee, a party agrees to assure some other party reimbursement in the event of a certain loss, damage, or injury. it is a shape of danger management, in general, used to hedge against the risk of a contingent or uncertain loss. An entity that offers the coverage is known as an insurer, coverage employer, coverage carrier, or underwriter.
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which type of planning involves making long-term decisions such as defining the scope of the business? multiple choice question.
Strategic planning involves making long-term decisions such as defining the scope of the business.
Strategic Planning: What Is It?
Strategic planning is the skill of developing detailed business plans, putting them into action, and assessing the outcomes in light of a company's overarching long-term objectives or aspirations. It is a theory that concentrates on integrating different corporate divisions (such accounting and finance, marketing, and human resources) to achieve a company's strategic objectives. Strategic management and strategic planning are fundamentally the same things.
Process of Strategic Planning
Upper-level management of a corporation must put a lot of thinking and preparation into the strategic planning process. Executives may look at a wide range of options before deciding on a course of action and then figuring out how to strategically implement it. In the end, a company's management will, hopefully, decide on a strategy that can be executed cost-effectively with a high likelihood of success, while avoiding excessive financial risk, and that is most likely to produce positive results (typically defined as improving the company's bottom line).
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the buyer in misses' sportswear plans to purchase $4,200 (retail) worth of jackets. she has purchased 60 jackets costing $26 each which she plans to retail for $50 each. what markup percent must be obtained on the balance of jackets in order to average a 46.5% markup?
To average a 46.5% markup, the remaining markup on the jacket is $1953.
What is the Average Markup Price?There is no such thing as an average markup price because markup is indeed the difference between the selling price and the cost of the goods. Instead, there is an average markup rate, which is typically 50%. Markups differ from one contractor to the next and possibly from one project to the next. But as a general rule, the markup on materials will often range between 7.5 and 10%. According to the Corporate Finance Institute, some contractors would mark up materials by as much as 20%.
Can you negotiate markup?Feel free to haggle: If the vehicle you truly want has a market adjustment, consider offering half of its price. Dealers don't always expect buyers to pay the full markup. Dealership markup is what they include to raise the price of an automobile. It costs more than the MSRP from the factory. The difference between the price a dealership must pay the manufacturer for a car and the amount it receives from a customer at the moment of sale constitutes the dealership's gross profit on a given vehicle.
Briefing:Therefore:
Retail price of Jacket = $4200
Average Markup percent = 46.5%
Then the Markup balance = retail price × percent of average markup
=4200*46.5%
=$1953
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based on your understanding of lease contracts, which type of lease cash flow has the most uncertainty? lease payments loan payments tax savings
Commercial Leases are the type of lease cash flow that has the most uncertainty.
Commercial LeasesCommercial leases are utilized for many different types of property, including retail and office premises. A ground or pad lease is typically utilized when a property renter is required to maintain or schedule the building of a structure. Commercial leases often run between five and twenty years.
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information for two alternative projects involving machinery investments follows: project 1 project 2 initial investment $ (120,000) $ (90,000) salvage value 0 10,000 annual income 15,000 12,000 a. compute accounting rate of return for each project. b. based on accounting rate of return, which project is preferred?
The accounting rate of return (ARR) for Project 1 is -3.75% and Project 2 is -4.44%. Therefore, neither project is preferred based on the accounting rate of return.
a. The accounting rate of return (ARR) is calculated by dividing the average annual profit by the initial investment and expressing the result as a percentage.
For Project 1, the ARR is:
ARR = (Average annual profit) / (Initial investment)
Average annual profit = (Annual income - Depreciation) / 2
Depreciation = Initial investment / Useful life
Useful life = (Initial investment - Salvage value) / Annual depreciation
Annual depreciation = (Initial investment - Salvage value) / Useful life
Annual depreciation = 24,000 $
[tex]\displaystyle{\displaylines{($120,000 - $0) / 5 = 24,000}}[/tex]
Useful life = 5 years
[tex]\displaystyle{\displaylines{($120,000 - $0) / $24,000 = 5}}[/tex]
Average annual profit = -4,500 $
[tex]\displaystyle{\displaylines{($15,000 - $24,000) / 2 = -$4,500}}[/tex]
ARR = -3.75
[tex]\displaystyle{\displaylines{(-4,500) / 120,000 = -0.0375 = -3.75}}[/tex]
For Project 2, the ARR is:
Annual depreciation = 20,000 $
[tex]\displaystyle{\displaylines{($90,000 - $10,000) / 4 = $20,000}}[/tex]
Useful life = 4 years
[tex]\displaystyle{\displaylines{($90,000 - $10,000) / $20,000 = 4}}[/tex]
Average annual profit = 4,000
[tex]\displaystyle{\displaylines{($12,000 - $20,000) / 2 = -$4,000}}[/tex]
ARR = -4.44
[tex]\displaystyle{\displaylines{(-$4,000) / $90,000 = -0.0444 = -4.44}}[/tex]
b. Based on the accounting rate of return, neither project is preferred, since both have a negative ARR. The ARR is a measure of profitability that compares the average annual profit to the initial investment.
A positive ARR indicates that the project is profitable,
A negative ARR indicates that the project is not profitable.
In this case, both projects have a negative ARR, which means that they are not profitable.
Therefore, neither project is preferred based on the accounting rate of return.
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Which of the following product groups is a leading export of the United States? Multiple Choice a. home appliances b. toys c. airplanes d. metals
Metals are product group is a leading export of the United States.
Metals are materials that, when freshly worked, polished, or crushed, have a lustrous appearance and are relatively good conductors of electricity and heat. Metals are typically ductile and malleable. These properties are the result of metallic bonds between the atoms or molecules of the metal.
Metals are solid materials that conduct heat and electricity and are hard, lustrous, malleable, fusible, and ductile. Metals are substances that tend to donate electrons. They are positive in nature.
Metals are elements that are lustrous crystalline solids with high melting and boiling points. Metals are good conductors of heat and electricity. For example, iron, copper, nickel, silver, tin, etc. are metals used in our daily life.
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If the quantity of an input is variable in the short run, its total cost will as output increases. O A Increase O B Decrease Stay the same O D Rise then fall
If the quantity of an input is variable in the short run, its total cost will as output increases.
What happens to variable costs when output rises in the short term?The marginal cost curve will shift upward because an increase in output necessitates additional labor, which is also more expensive right now. Average total and average variable costs will climb along with the increase in total variable cost.
One element is constant in the short term. As a result, the price of this constant factor does not alter as the amount produced does. When one factor is fixed, the short-run total cost function displays the lowest total cost of manufacturing each amount. Whether or whether the commodity is produced at all, the fixed cost must be covered.
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Progress in meeting air quality standards has been slow because ___________________.
what is the beta of a portfolio which consists of the following? enter you answer accurate to two decimal places. security $ invested beta a $2,000 1.38 b $5,000 0.47 c $9,000 1.70 d $4,000 1.08
The beta of a portfolio consisting of the stocks is 1.2365
Beta is a measure of the systematic risk of a stock. A well-diversified portfolio had a mix of high-beta and low-beta stocks. High-beta stocks ensure that returns are maximized when markets move higher and low-beta stocks ensure that capital is preserved when market trends lower.
As a first step, we need to calculate the weight of each stock in the portfolio.
Weight of Stock A = 2000 / ( 2000 + 5000 + 9000 + 4000 ) = 0.1
Weight of Stock B = 5000 / ( 2000 + 5000 + 9000 + 4000 ) = 0.25
Weight of Stock C = 9000 / ( 2000 + 5000 + 9000 + 4000 ) = 0.45
Weight of Stock D = 4000 / ( 2000 + 5000 + 9000 + 4000 ) = 0.2
Once we have the weight of the stocks, the portfolio beta can be calculated as follows -
Portfolio Beta = ( Weight of Stock A * Beta of A ) + ( Weight of Stock B * Beta of B ) + ( Weight of Stock C * Beta of C ) + ( Weight of Stock D * Beta of D )
Portfolio Beta = ( 0.1 * 1.38 ) + ( 0.25 * 0.47 ) + ( 0.45 * 1.70 ) + (0.2*1.08)
Portfolio Beta = 0.138 + 0.1175 + 0.765 + 0.216
= 1.2365
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The information provided by the customer who brings a product in for warranty work can be used for ________ control
A) feedforward
B) concurrent
C) preventive
D) feedback
When a client brings a product in for warranty service, the information they offer can be utilised for Feedback control.
The promise that a warranty firm, such as a manufacturer, merchant, or service provider, makes when selling a product with a warranty, an extended warranty, or a service contract is effectively fulfilled by warranty services. Maintenance, repair, or replacement of a warranted product are all included under warranty services.
Any contract or agreement that covers the cost of maintaining, repairing, or replacing tangible personal property, including automobiles, is referred to as a service warranty.
A producer or other such entity makes a commitment concerning the condition of their product when they issue a warranty.
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recently, what has occurred in the efforts toward harmonizing differences in national accounting standards? multiple choice question. only developing countries seem interested in harmonizing the standards. there have been no attempts to harmonize the differences. there has been rapid movement toward harmonization. most developed countries have harmonized standards.
There has been rapid movement toward harmonization. recently, has occurred in the efforts toward harmonizing differences in national accounting standards.
Accounting: What Is It?Accounting is the process of recording financial transactions for a business.. Summarizing, analyzing, and reporting these transactions to oversight organizations, regulatory bodies, and tax collection organizations are all parts of the accounting process. The financial statements that are used in accounting provide a succinct overview of all financial transactions that took place during a given accounting period, including information on a company's operations, financial situation, and cash flows. Accounting is an essential function for decision-making, cost planning, and measuring economic success, regardless of the size of an organization.
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bookmark question for later what is a common axiom for information technology professionals? communicate! become an expert know the business be professional
Know the business is a common axiom for information technology professionals.
Information technology is the use of computer systems or other technological devices to access information. Information technology is in charge of a sizable portion of our daily activities, including our workforce, business operations, and personal access to information.
IT professionals examine computer networks and communication systems for safety and security. Installing security systems such as anti-virus software and firewalls, reviewing network activity for potential threats, and establishing password policies are all part of this. Examples include traditional computer applications such as data storage and programs to input, process, and output data.
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which of the following statements is true? suppliers can be reliable, but rarely provide innovation. innovation has nothing to do with suppliers one way or another. suppliers can be a crucial source of innovation. innovation from suppliers is always higher risk than innovation from within the company.
Suppliers have the potential to be a key source of innovation.
Why is innovation important?Market share, income, and customer satisfaction all increase when new ideas are added to existing product lines or business operations. Modernizing the operating systems of the company or introducing new automation technologies are both possible through innovation.
Something new is introduced when a novel idea, tactic, or tool is used.
What is a innovation strategy?An innovative strategy directs the use of resources to realize a company's objectives for innovation, value delivery, and competitive advantage. Every strategy should include an appraisal of a company's technological and competitive environment, as well as its external issues and opportunities.
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Which of the following should be used in determining a potential project's operating cash flow?a. Incremental revenueb. Depreciation on new equipment purchased for the projectc. Incremental expensesd. All of the above
D. All of the above
Incremental revenue, Depreciation of new equipment purchased for the project, and Incremental costs are factors used in determining a potential project's operating cash flow.
Additional revenue is the income that a company generates from the sale of goods and services that are not the main revenue stream. Revenue Streams are the various sources from which a business earns money from selling goods or providing services. The type of income that a business records in its account depends on the type of activity the business performs. View categories and examples or core business operations. For example, famous sports arenas sell tickets to games and other events held in outer space. In this case, additional revenue will be generated from the sale of concessions, such as food and drinks sold in the arena.
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an investor has offered $150,000 for 20% of the company. the company has a pre-money valuation of $350,000. should the entrepreneur consider the offer?
The entrepreneur should consider the offer as D. Yes, the investor is asking for less than the value of the investment.
Should the investment be considered?An investor is a person or entity who uses his or her own money or the money of others in order to earn a profit. Investors can range from individuals purchasing stocks at home through their online brokerage account to multibillion-dollar funds investing globally. Any person who commits capital with the expectation of financial returns is an investor. Stocks, bonds, commodities, and mutual funds are all common investment vehicles.
An investment generates income or increases in value to other investors in one of two ways. Income is received in the form of interest payments on bonds or dividends on stocks.
It should be noted that the 20% of company share = 350000 * 20%
= 70000
Investor offered = 150000.
As the investor is offering more money for lesser share, we should accept the offer.
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An investor has offered $150,000 for 20% of the company. The company has a pre-money valuation of $350,000. Should the entrepreneur consider the offer?
A. it cannot be determined
B. No, the investor is not offering enough for the value of the company.
C. No, the investor is asking too great a percentage.
D. Yes, the investor is asking for less than the value of the investment.
on the day of a child's birth, a parent deposits $25,000 in a trust fund that pays 6% interest, compounded continuously. determine the balance in this account on the child's 29th birthday. (round your answer to two decimal places.)
Calculating compounded continuously, by the help given data such as interest and time:-
Step 1:-
P= $25,000
We are given the data:
r=6% =0.06
t=29
Step 2:-
We determine the balance A in the account after t=29 years using the formula when interest is compounded continuously:
A=Pe{rt}
A= $25,000*e {0.06*29}
A= $142,433.59
"The balance in this account on the child's 29th birthday is $142,433.59".
Continuous compounding refers to that there is no limit to how often interest can compound. Compounding continuously can happen an infinite number of times, meaning a balance is obtaining interest at all times.
Continuous compounding is the procedure of determining interest and reinvesting it into an account's balance over an infinite number of tenure.
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wants to increase the profits of her e-business. what two things can she do to accomplish her goal of increasing profits?
In order to fulfill her goal of increasing earnings, she may either cut expenses or increase sales.
What does a business consist of?Businesses may be for-profit or nonprofit institutions. Associations, partnerships, limited liability company ( llc, and proprietorships are only a few of the various company structures.
Why is business so important?Business has a huge impact on our lives. They begin by creating goods and services that satisfy our needs and wants. Then they hire houses as employees and pay them wages and benefits. Thus, it turns into a source of income for them that they can use to support their lifestyle.
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in this decision point activity, you began to explore game theory: specifically, how your outcomes are dependent not just on your own choices, but also on the reactions of competitors. use what you learned from this decision point, and information from the chapter to answer the following question. suppose nike and adidas are considering whether to develop new advertising campaigns. for each pair of strategies, the blue triangle shows nike's payoff and the yellow triangle shows adidas's payoff, in billions. use this information to complete the sentences.
The ideal result for Nike would be for Adidas to decide against advertising. If Adidas decides not to promote, Nike's decision to not advertise will have the greatest impact on their business.
What is a suitable sentence for the result?How to effectively use the word "outcome" Only conclusion we could accept was this one. The result tonight should be more to your taste. The only people who can affect how this turns out are us.
What does a bad result mean?Deterioration and failed to uphold or progress are examples of negative consequences. Failed to adhere with a requirement constitutes a defect even if there is no obvious negative effect from the deficient activity. Many standards don't focus on results.
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