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Zigmanuir [339]
3 years ago
14

Jarvis is a production engineer at Rubber Ring Tires. He recently joined a team of specialists from other departments in the bus

iness, such as marketing and finance. This long-term team assignment has developed several new products. Jarvis enjoys working in this environment, partly because Rubber Ring's management has given the team the freedom and flexibility to make decisions. Recently, outsiders from Freestone's major distributors and suppliers have been included on the team. It appears that Jarvis's team is a(n)a. interfunctional matrix organization.b. multidivisional group think-tank.c. multi-modal product development team.d. cross-functional self-managed team.
Business
1 answer:
kirza4 [7]3 years ago
5 0

Answer:

The answer is: D) cross-functional self-managed team.

Explanation:

A cross functional self managed team consists of a group of employees gathered together from different departments (e.g. marketing, finance, production, etc.) that work together with little or no supervision. The purpose for them working together is usually to accomplish certain specific goals, for example, the development of new products.

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the contribution margin income statement allows users to easily judge the impact of a change in ______ on profit.
Ne4ueva [31]

The blank space has been correctly filled below:

  • The contribution margin income statement allows users to easily judge the impact of a change in <u>selling price, cost, or volume</u> on profit.

The contribution margin income statement is an evaluation of a former sales period. Entrepreneurs use this procedure to determine whether they made a profit or loss during the period.

After their evaluation, they realize the operating income or net income. The contribution margin is generated using this formula,

Net product revenue - Total variable cost ÷ product revenue.

A proper understanding of the fixed and variable costs is essential to accurately calculate the contribution margin.

Learn more here:

brainly.com/question/24596251

6 0
2 years ago
On January 1, 2021, Ravetch Corporation’s projected benefit obligation was $51 million. During 2021, pension benefits paid by th
nevsk [136]

Answer:

$67.1 million

Explanation:

Given that,

Projected benefit obligation at the beginning of 2021 = $51 million

Service cost = $18 million

Retiree benefits  = $7 million

Projected benefit obligation at December 31, 2021:

= Beginning of 2021 + Service cost + Interest cost - Retiree benefits

= $51 million + $18 million + (10% × $51 million) - $7 million

= $51 million + $18 million + $5.1 million - $7 million

= $67.1 million

3 0
3 years ago
Drag each credit plan to its description.
GarryVolchara [31]

Answer: (1)revolving credit, (2)installment account,& (3)charge card

Explanation:

(1)Borrowers have a fixed credit line that is replenished as the outstanding balance is paid off.



(2)Borrowers have to make regular payments under fixed terms.



(3)Consumers can shop using credit at specific locations.

6 0
3 years ago
Read 2 more answers
You purchase 150 shares for $70 a share ($10,500), and after a year the price rises to $80. Calculate the percentage return on y
Lyrx [107]

Answer:

57.14%

Explanation:

Missing word <em>"25 percent."</em>

<em />

Gain on the stock = (150*$80) - $10,500

Gain on the stock = $ 12,000 - $10,500

Gain on the stock = $1,500

If Margin requirement is 25%, The Margin = 10,500*25% = $2,625

Return on Investment = $1,500/$2,625 * 100 = 0.571429 * 100 = 57.1429% = 57.14%

6 0
3 years ago
Firm A has 11 equally risky capital budgeting projects, each costing $29.608 million and each having an expected rate of return
Vanyuwa [196]

Answer:

How much capital should Firm A raise and invest?

$296.08 million should be raised and invested in projects.

Explanation:

WACC = 8% when A's retained earnings breakeven point = $296.08 million

Expected rate of return = 8.25%

WACC is less than expected rate of return.

Therefore, WACC is less than expected rate of return, which is beneficial, since cost of capital is less than expected rate of return.

therefore, $296.08 million should be raised.

If the firm A raises, more than $296.08 million, <u>WACC</u> would be <u>increasing</u> to <u>8.5%</u>, this is greater than the <u>expected rate of return i.e. 8.25%. </u>

Hence raising amount <u>more than $296.08 million</u> will not be beneficial.

Hence it is clear that amount which should be raised and invested =$296.08 million.

Investment required in one project=$29.608 million.

Number of projects which can be started =$296.08/$29.608  =10 projects

All are equally risky therefore it does not matter which project should be left.

Hence, $296.08 million should be raised and invested in projects.

5 0
3 years ago
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