Answer:
NPV = $29,794.60
Explanation:
Year Cash Flow
0 -$55,000
1 $28,000
2 $26,000
3 $26,000
4 $31,000
5 $12,000
NPV = -$55,000 + ($28,000 x 0.8696) + ($26,000 x 0.7561) + ($26,000 x 0.6575) + ($31,000 x 0.5718) + ($12,000 x 0.4972) = -$55,000 + $24,348.80 + $19,658.60 + $17,095 + $17,725.80 + $5,966.40 = -$55,000 + $84,794.60 = $29,794.60
The company's price offer is the most important competitive factor in determining a company's ability to secure contracts to supply private-label footwear to large multi-outlet retailers of athletic footwear in a particular geographic region.
The S/Q ratings of both branded and private-label footwear manufactured at each production plant can be raised through TQM/Six Sigma quality control systems and best practices training.
Five things affect the S/Q rating: The following factors should be taken into account: (1) current-year spending per footwear model for new features and styling; (2) the percentage of superior materials used; (3) current-year expenditures for Total Quality Management (TQM) and/or Six Sigma quality control programs; (4) cumulative expenditures for TQM/Six Sigma quality control efforts (to reflect learning and experience curve effects); and (5) current-year and cumulative expenditures to train employees in using the best practices to assemble athletic footwear.
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Answer:
A discretionary fiscal policy.
Explanation:
A discretionary fiscal policy is a policy guideline out in place by Government with the aim of either shrinking or expanding the economy. This kind of policy is usually associated with either an increase or decrease in the tax rates or levels which will increase government revenue or decrease in government revenue or be focused on increasing or decreasing government spendings on the economy either through increasing or decreasing investment in infrastructures etc
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Answer:
Results are below.
Explanation:
Giving the following information:
Purchases= $32,000
Beginning inventory= $7,800
Ending inventory= $4,400
<u>To calculate the direct material used, we need to use the following formula:</u>
Direct material used= beginning inventory + purchases - ending inventory
Direct material used= 7,800 + 32,000 - 4,400
Direct material used= $35,400