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3 years ago

Write a short paragraph describing the importance of reducing, reusing, and recycling materials in the workplace.

1 answer:

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Reducing, reusing and recycling are important because they decrease the amount of waste on the planet and preserve natural resources by maintaining space and cutting down on landfills.<span> Reducing, reusing and recycling reduce consumption of new materials and save energy.</span>

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Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $8

antoniya [11.8K]

Answer:

$34.8 million

Explanation:

Below are types of cost that Jenny, Inc. bears:

1) Investment (Six years ago) = $8,5 million (This is referred as sunk cost - which was already incurred and impossible to be recovered.)

2) Current value (Price today) = $11.3 million (This is the opportunity cost if Kenny does not sell the land but build the manufacturing plant.)

3) Plant cost = $22.5 million

4) Grading cost = $1 million

We have, the initial fixed asset investment = Plant cost + Grading cost = 22.5 + 1 = $23.5 million

The cash flow amount to use as the initial investment in fixed assets to evaluate the project would be the sum of the opportunity cost of project anf the initial fixed investment.

=> Cash flow = 11.3 + 23.5 = $34.8 million

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3 years ago

An original equipment manufacturer refers to a firm that _____. a. both designs and manufactures products b. designs, manufactur

NISA [10]

Answer:

d. executes design blueprints provided by other firms and manufactures such products

Explanation:

An original equipment manufacturer makes parts and components and sells them to other firms for reselling under the reseller's brand name. The original equipment manufacturer(OEM) makes complete devices or parts that the reseller uses to manufacture other goods. There has to be a good relationship between the manufacturer and the final and the OEM.

The manufacturer must determine the quality and other specifications for components that go into their products. Some products are not manufactured; they are an assembly of parts from various OEMs.

Traditionally, OEMs do not brand or market their products. They receive designs form clients who eventually market the products. However, modern OEM are branding and even selling their products. Examples of OEMs include firms that manufacture automobile parts who sell to car manufacturers. Others are computer parts and software producers who sell to computer manufacturers.

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3 years ago

During a downturn in the hotel industry, chip conley, founder of joie de vivre hospitality, dealt with the situation by not t

harkovskaia [24]

I believe the answer is: Strategy

Strategy reefers to planned decision that is used to achieve a certain goal. In the example above, the goal of the hotel is to survive the downturn.

Conley realized that front-employees are the most curical resources in such situation since they are basically the main people that directly handled the customers. So, he choose a strategy to improve their general welfare and sacrificing his own needs.

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4 years ago

You decide to invest in a portfolio consisting of 15 percent Stock X, 51 percent Stock Y, and the remainder in Stock Z. Based on

Alinara [238K]

Answer:

5.70%

Explanation:

Stock return for Normal state of economy

= 0.15 × 10.9 + 0.51 × 4.3 + 0.34 × 13.3

= 8.35%

Stock return for Boom state of economy

= 0.15 × 18.2 + 0.51 × 26.2 + 0.34 × 17.7

= 22.11%

Weighted average return

= 0.78 × 8.35 + 0.22 × 22.11

= 11.38%

Standard deviation = Normal probability state of economy × (Stock return for Normal state of economy - Weighted average return)^number of years + Boom probability state of economy × (Stock return for Boom state of economy - Weighted average return)^number of years)^percentage

= 0.78 × (8.35 - 11.38)^2 + 0.22 × (22.11 - 11.38)^2)^0.5

= 5.70%

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3 years ago

Using the following information:

Bond [772]

Answer:

$9,000

Explanation:

As for the information provided,

Current allowance for bad debts = $35,000

Expected year end allowance = $40,000

Bad Debt written off = $4,000 during the period.

While writing off entry shall be:

Allowance for bad debts A/c Dr. $4,000

To Accounts Receivables $4,000

This will simply reduce the balance of allowance by $4,000

Effective balance = $35,000 - $4,000 = $31,000

As the allowance account balance is credit in nature.

Now desired year end balance = $40,000

For this entry shall be:

Bad Debt Expense A/c Dr. $9,000

To Allowance for Bad Debts $9,000

The amount is calculated as follows:

Desired amount of allowance - Balance in allowance.

$40,000 - $31,000 = $9,000

5 0

3 years ago