Answer:
central-location telephone (CLT) facility
Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
Answer:
Explanation:
PECs stands for <em>Personal Entreprenurial Competencies.</em>
It is important to evaluate them because they have a way of predicting how successful one would be in a particular business.
Some of these attributes include but are not limited to the following:
- Ability to Influence other People: People here refer to customers, public and even staff.
- Self-Confidence: Confidence in one's abilities is key for survival in any business or endeavour.
- Persuasion: Persuasion goes hand in hand with influence and Self-Confidence. It's almost impossible to influence other people if ones does not have self-confidence or lacks the strategy to do so.
- Efficiency Orientation: The best entrepreneurs known how to create value from little or nothing.
- Problem Solving: This is one of the greatest skills of an Entrepreneur. The higher they go on this trait, the more their chances of success.
- Information Seeking: This is not just about reading. It refers to ones ability to seek related intelligence within and outside of one's environment. Good intelligence contributes to great decision making.
- Ability to spot and utilize Opportunities: This is two traits combined in one. Spotting opportunities is overrated. Ability to organise internal and external resources in order to translate such opportunities into value is priceless.
- Grit: Also known as persistence. This is key and is required for any idea which is receiving efforts to come to fruition.
Cheers!
Answer:
C. Payback is 10 years
Explanation:
Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the $218,000 investment given the stated cash-flows.
Year Cash-flow Balance
0 (218,000.00) (218,000.00)
1 32,000.00 (186,000.00)
2 18,000.00 (168,000.00)
3 21,000.00 (147,000.00)
4 21,000.00 (126,000.00)
5 21,000.00 (105,000.00)
6 21,000.00 (84,000.00)
7 21,000.00 (63,000.00)
8 21,000.00 (42,000.00)
9 21,000.00 (21,000.00)
10 21,000.00 -
11 21,000.00 21,000.00
12 21,000.00 42,000.00
By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years
