The incremental annual cash flow associated with the project is $12400
<h3>What is incremental annual?</h3>
Sales resulting from a higher volume of sales are known as incremental revenue. Establishing a baseline revenue level and comparing changes from that point onwards is required to calculate incremental revenue.
<h3>According to the given information :</h3>
Depreciation=[($63,000/7 years)-($75,000/5 years)
Depreciation=$9000-$15000
Depreciation=$6000
Now let calculate the Incremental annual cash flow
Incremental annual cash flow
={($16000-$6000) - [($16000-$6000)*34%]+$6000}
= {(10000)- [10000*34%]+6000}
= {(10000) - 3600+6000}
= {16000-3600}
= $12400
Incremental annual cash flow=$12400
Therefore the incremental annual cash flow associated with the project is $12400
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Answer:
Sales Incentives
Explanation:
Sales Incentives is a form of sales promotion in which sales personnel are incentivized to expend greater effort selling a specific product or brand. When salesperson is given some kind of incentives for selling a product or service, the amount or benefit paid to him other than his fixed salary is know as Sales incentive. It is paid basically to motivate him for selling the product, or keep him motivated for selling the larger amount of products.
By using the sales incentives company cant not only increase its sales but also can compete with other companies in retail format and overall. When the particular company's sales team will be more motivated by this technique then surely they will gather more traffic towards them and then converting that traffic into sales number.
The step that's applied by the project manager is <u>analyze</u>.
<h3>Who is a project manager?</h3>
It should be noted that project managers (PMs) are in charge of organizing, planning, and guiding the execution of particular projects for an organization while making sure that these projects are completed within their allocated time, money, and scope.
The primary responsibility for project planning, execution, monitoring, control, and closure falls to project managers. They are responsible for the entire project's scope, its team and resources, its budget, and its eventual success or failure.
It should be noted that project managers are important to the accomplishment of the organizational goals.
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Answer:
how to allocate resources among his four stores.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
The four factors of production are;
I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.
II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.
III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.
IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).
In this scenario, George owns four dry cleaning stores in the suburbs of Orlando, Florida. He recently updated his STP analysis and has finished adjusting his marketing mix based on the STP results. His next strategic marketing decision will most likely involve determining how to allocate resources among his four stores.