Answer:
Explanation:
the present value of the future cash flows is the the value of the bond we calculate the present value as follows
Cash flow  4% = 40000 per year for 4 year p.v using annuity
Cash flow = 1000000 at year four present value using compound formula
Present value at yield rate 7.7%
Cash flow	Discount Factor	Present Value
1000000	0.743253883           743253.8831
40000         3.334365155           133374.6062
                                             876628.4893
Compound = 1000000/(1+7.7%)^4
Annuity       = 40000*  (1-(1+7.7%)^-4) / 7.7%
 
        
             
        
        
        
In my understanding, this assignment wants you to evaluate the decision made by the management officer, in her attempt to improve the business position. 
First of all, net profit figure shows the profitability of the business. Net profit figure means the total profit earned minus all the costs incurred in running the business. Higher net profit figure in year 1 might indicate a favourable position, as it could be that higher profit is generated from using whatever method/machine they use in year 1, or running this machine incurred less cost. In year 2, they didn't necessarily earn lower profit, but running the new machine might be more costly. 
Next, rate of productivity growth refers to the growth in quantity of output produced. If more output can be produced, this means higher efficiency. This means that the efficiency of production in year 2 is more than in year 1.
Thirdly, the number of customer's complaints is important in evaluating the business' goodwill, in this case, its position in the society. Without good relationship with the public, a company may lose its customer. It is always important to keep clients satisfied since they're the source of income to the business. This means that the management decision in year 2 is more favourable than in year 1.
Last but not least, rate of absenteeism can be evaluated in terms of productivity . Higher absenteeism means lower productivity, lower output but higher cost to the business since they're paying salaries to workers who don't produce output to sell. Less output to sell means less income can be earned. In year 1, the business productivity is higher than in year 2.
In year 2, the business has a boost in their efficiency & reputation. Although less profit earned, it is likely that this will grow in the future. Staff attendance can be improved by encouragement such as giving incentives for example, provision of more holidays. 
I hope this is helpful!
        
             
        
        
        
Answer:
appreciates and buys more Chinese goods
Explanation:
Nominal exchange rate is the rate at which one unit of currency can be exchanged for another unit of currency. 
If exchange rate is 1 dollar for 6 Chinese yuan , it means that 1 dollar would buy 6 Chinese yuan.
If exchange rate now becomes 1 dollar for 7 Chinese yuan , it means that 1 dollar would buy 7 Chinese yuan. 
One dollar is now buying more Chinese yaun (7>6). It means that the dollar has appreciated and the Yaun has depreciated. 
Currency appreciation is when the a currency increases in value.
As a result the dollar would buy more Chinese goods. 
I hope my answer helps you 
 
        
             
        
        
        
Answer:
 $40,000 (U)
Explanation:
Given that,
Flexible-budget variance for materials = $2,000
Price variance for material = $38,000
Sales-volume variance = $13,000
Efficiency variance for direct manufacturing labor = $9,000 (F) 
Flexible-budget variance for materials = Price variance for material + Efficiency variance for materials
2,000 (U) = 38,000 (F) + Efficiency variance for materials
Efficiency variance for materials = 2,000 + 38,000
                                                       = $40,000 (U)
 
        
             
        
        
        
Answer:
 10 minutes
Explanation:
Data provided in the question 
Reception taking time = 3 minutes
Car wash taking time = 5 minutes
Paying the cash register taking time = 4 minutes 
Returning to car and leaving taking time = 2 minutes
So, the theoretical flow time in minutes is 
= Reception taking time + maximum time of car wash and paying the cash register + returning to car and leaving taking time 
= 3 minutes + 5 minutes + 2 minutes
= 10 minutes