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2 years ago

Toby is purchasing a $15 cake for their mother's birthday.

1 answer:

7 0

Toby should use his debit card. he should use his debit card because it’s only 15 dollars which is not an expensive amount. using his debit card would keep the payments he has to make on his credit card lower

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Even though he is the newest and lowest-ranking employee at Scientific Consulting, Lorenzo holds three graduate degrees and repo

Marta_Voda [28]

Answer:

Decentralized

Explanation:

Decentralized company or an organization is the one in which the decision power lies with the lower or mid- level managers, instead of being made or taken centrally through the head of the organization.

Under this kind of organization, the power is decentralized among the employees or mid- level of the company as they are authorize to take the decision by themselves.

So, in this case, the organization is the decentralized company as they hold the 3 graduate degrees and report to the president of the company.

3 0

3 years ago

Tune Products, Inc., offers to sell to Unlimited Sales Company one hundred MP3 players at $50 a piece, subject to certain specif

4vir4ik [10]

Answer:

765445556677778

Explanation:

6 0

4 years ago

Barredo Corporation's relevant range of activity is 3,000 units to 7,000 units. When it produces and sells 5,000 units, its aver

zhuklara [117]

Answer:

The variable cost per unit sold is closest to $11.90.

Explanation:

Only variable manufacturing costs are included in product costing under the variable costing method.

Both the fixed manufacturing costs and non-manufacturing costs are treated as period costs, expensed in the profit and loss.

Calculation of Variable Unit Cost

Direct materials $ 6.60

Direct labor $ 3.65

Variable manufacturing overhead $ 1.65

Total Variable Unit Cost $11.90

Conclusion :

The variable cost per unit sold is closest to $11.90.

5 0

3 years ago

If you draw a card with a value of three or less from a standard deck of cards, I will pay you $146. If not, you pay me $24. (Ac

Rainbow [258]

Answer: Expected value = $2.034

Explanation:

Total outcome = 52

Favorable Outcome = 8

Probability of drawing a card with a value of three or less = $\frac{Favorable\ outcome}{Total\ outcome}$

= $\frac{8}{52}$

= $\frac{2}{13}$

Probability of drawing a card with a value of more than three = 1 - $\frac{2}{13}$

= $\frac{11}{13}$

Hence,

Expected value = $146 \times \frac{2}{13} + (-24) \times \frac{11}{13}$

= 22.338 - 20.304

= $2.034

7 0

3 years ago

Phoenix’s recovery will be complete by 2021, and there will be no further growth in free cash flow. a. Calculate the PV of free

emmasim [6.3K]

Answer,: SOLUTION: a. PV2016= DIV2017/ (1 + r) + DIV2018/ (1 + r)2+ DIV 2019 / (1 + r ) 3 + DIV 2020 / (1 + r ) 4 + DIV 2021 / (1 + r ) 5 + (DIV 2021 / r) / (1 + r ) 5 PV 2016 = $0 / 1.09 + $1 / 1.09 2 + $2 / 1.09 3 + $2.3 / 1.09 4 + $2.6 / 1.09 5 + ($2.6 / .09) / 1.09 5 PV 2016 = $24.48 million b. Price per share 2016 = PV 2016 / number of shares Price per share 2016 = $24.48 / 12 Price per share 2016 = $2.04 c. Based on $1million of net income for 2016: P/E 2016 = $24.48 / $1 = 24.48 The PV of the cash flows at various points in time are as follows: PV 2017 = $1 / 1.09 + $2 / 1.09 2 + $2.3 / 1.09 3 + $2.6 / 1.09 4 + ($2.6 / .09) / 1.09 4 PV 2017 = $26.68 PV 2018 = $2 / 1.09 + $2.3 / 1.09 2 + $2.6 / 1.09 3 + ($2.6 / .09) / 1.09 3 PV 2018 = $28.09 PV 2019 = $2.3 / 1.09 + $2.6 / 1.09 2 + ($2.6 / .09) / 1.09 2 PV 2019 = $28.61 PV 2020 = $2.6 / 1.09 + ($2.6 / .09) / 1.09 2 PV 2020 = $28.89 PV 2021 = $2.6 + ($2.6 / .09) / 1.09 PV 2021 = $28.89

Explanation:

8 0

3 years ago