At which step or steps in the decision-making process do qualitative considerations generally have the greatest impact

2. The Jasmine Tea Company purchased merchandise from a supplier for $43,338. Payment was a noninterest-bearing note requiring J

cestrela7 [59]

Answer:

3%

Explanation:

Given the following :

Purchased merchandise = $43,338

Number of payments required = 6

Payment per period = $8,000

PV factor (PVIFA) = (purchased merchandise / payment per period)

PVIFA = (43,338 / 8000) = 5.41725

Using the PVIFA table, we locate the interest rate on PVIFA factor of 5.41725 for a period of 6 years.

For PVIFA of 5.4172, the interest rate is 3%

Hence the implicit Interest t rate = 3%

PVIFA = [1 - (1+r)^-n] ÷ r

4 0

3 years ago

Disruptive innovation is a process by which a product or service takes root initially in simple applications at the bottom of a

ValentinkaMS [17]

Answer:

The correct answer is True.

Explanation:

The concept of “Disruptive Innovation” is relatively new, it was introduced by Clayton Christensen in 1997 in the book “The innovators dilemma” and refers to how a product or service that originally was born as something residual or as a simple application without Many followers or users quickly become the leading product or service in the market.

Disruption therefore occurs when emerging companies use new technologies or new business models and outperform the market that were the leaders until then.

There comes a time when users do not perceive as a differential advantage the type of evolutionary innovation that has been applied to a product, because they no longer need all those new features that the manufacturer has added to increase the profit and then the manufacturer becomes vulnerable and the evolution of that particular product ceases to be decisive, from that moment the price of that product can become decisive or another product will arrive with a new disruptive technology that will compete with the previous product and with the established technology. The most normal is that new products or services are easier to use and cheaper than products that were already on the market before and thus quickly capture the interest of consumers.

6 0

3 years ago

A. On April 1, the company retained an attorney for a flat monthly fee of $3,500. Payment for April legal services was made by t

andrezito [222]

Answer:

Journal Entries for April and May

a. April 30:

Debit Legal Fee Expense $3,500

Credit Legal Fee Payable $3,500

To record the legal fee expense for April.

May 12:

Debit Legal Fee Payable $3,500

Credit Cash $3,500

To record the payment of April legal fee.

b. April 30:

Debit Interest Expense $2,430

Credit Cash $1,620

Credit Interest Expense Payable $810

To record accrued interest expense

May 20:

Debit Interest Expense Payable $810

Credit Cash $810

To record the payment of accrued interest.

c. April 30:

Debit Salary Expense $5,600

Credit Salary Expense Payable $5,600

To record the salary expense for 2 days accrued.

May 3:

Debit Salary Expense Payable $5,600

Debit Salary Expense $8,400

Credit Cash $14,000

To record the payment of salary for the week.

Explanation:

We have used the journal entries to adjust accrued expenses and also to record the actual payment when they occur. Journal entries help to record transactions as they occur and to make adjustments at the end of the accounting period so that accruals, prepayments, deferred revenue, and depreciation expense are properly recorded when they occur and not when payment is made.

4 0

3 years ago

Sandstone, Inc. is considering a fourminusyear project that has an initial afterminustax outlay or afterminustax cost of $80,0

mote1985 [20]

Answer:

NPV = $28020.99

so he accept the this project as NPV value is positive

Explanation:

given data

CF 0 = $80000

CF 1 = $40000

CF 2 = $40000

CF 3 = $30000

CF 4 = $30000

discount rate r = 12%

solution

we get here Net present value (NPV) of the project that is total sum of the current value of all flow that is express as

NPV = $- CF 0 + \frac{CF1}{(1 + r)} + \frac{CF 2}{(1 + r)^2} + \frac{CF3}{( 1+ r)^3} + \frac{CF4}{(1+r)^4}$ ...........................1

put here value and we get

NPV = $- 80000 + \frac{40000}{(1+ 0.12)} + \frac{40000}{(1+ 0.12)^2} + \frac{30000}{( 1 + 0.12)^3} + \frac{30000}{(1+ 0.12)^4}$

solve it we get

NPV = - 80000 + 35714.29 + 31887.76 + 21353.41 + 19065.54

NPV = $28020.99

so he accept the this project as NPV value is positive

4 0

3 years ago

In the Republic of Sildavia, a market basket of goods and services cost $130 in 2009, $140 in 2010, and $160 in 2011. Based on t

yarga [219]

Answer:

23.07%

Explanation:

For computing the inflation rate first we have to determine the price index for 2011 which is shown below:

Price index for 2011 is

= (market basket of goods and services cost in year 2011) ÷ (market basket of goods and services cost in year 2009) × 100

= ($160) ÷ ($130) × 100

= 123.07%

Now the inflation rate is

= (Price index for 2011 - price index for 2009) ÷ (price index for 2009) × 100

= (123.07 - 100) ÷ (100) × 100

= 23.07%

And, the price index for 2009 is

= ($130) ÷ ($130) × 100

= 100%

4 0

4 years ago