The statement is that "all the primary types of project life cycle models contain a sequence of precisely four phases with tasks. It must be finished and permissions must be obtained before the project can go on to the next phase, despite differences in the specifics" is true.
<h3>What is a model?</h3>
A model is an artificial 3D representation of a process of objects. Models can be small and large. Models are made to give information about things that are very big or undone in reality.
Here, the model of the project life cycle is given that contains four phases with their tasks.
Thus, the statement is true.
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Answer:
The long-run average total cost curve is flat
Explanation:
When the quantity of all the resources is doubled and, as a result, output doubles then the firm experiences constant returns to scale.
Answer:
b
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
When choosing between positive NPV projects, choose the project with the highest NPV first because it is the most profitable.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-38,000.
Cash flow in year 1 - 4 = $11,600
I = 12%
NPV = $(2,767).
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
The estimated inventory at the end of February is $73400 as shown below
Explanation:
Beginning Inventory $57,800
Plus: Net purchases $120000
Freight-in $2,700
Cost of Goods Available for Sale $180500
less: Cost of Goods Sold
Net Sales$180000
Less Estimated Gross Profit $81000
Estimated Cost of Goods Sold $99000
Estimated Inventory before Theft 81500
Less: Stolen Inventory 8,100
Estimated Ending Inventory 73400
Gross profit $180000*45%=$81000
Answer:
The answer is: NO
Explanation:
In order for a contract to exist, consideration must be present. Consideration is the benefit bargained between the two parties in a contract. Consideration is considered the main reason of why a contract exists.
Consideration doesn't exist in this case, since Frank didn't exchange anything in order to get the $500. His boss offered the money for his past performance, but past consideration doesn't create a new contract. In the past he sold cellphones and his boss already paid him for doing so.