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Mashutka [201]
4 years ago
15

Nolan is applying for a promotion within his company. the ________ state that the qualified candidate must have a four-year coll

ege business degree, five years of experience with the sales force, the ability to work under pressure, and excellent communication and organizational skills
Business
1 answer:
balandron [24]4 years ago
3 0

The correct answer is job specifications. Job specifications is being defined as a statement in regards of the essential components of the job class by which it includes the summary of the work that are to be performed, responsibilities, minimum qualifications, and as well as the primary duties.

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Merrill Corp. has the following information available about a potential capital investment: Initial investment $ 1,700,000 Annua
Jobisdone [24]

Answer:

1./

INITIAL INVESTMENT

= $1600000

ANNUAL NET CASH FLOW

= NET INCOME + DEPERICATION

= $250000 + [($1600000 - $350000) / 8]

= $250000 + $156250

= $406250

SALVAGE VALUE

= $350000

NPV

= -$1600000 + $406250 * PVIFA 10%, 8 PERIODS + $350000 * PVIF 10% *PERIOD

= -$1600000 + $406250 * 5.3349 + $350000 * 0.4665

= -$1600000 + 2167303.13 + $163275

= $730578.13

2./

AS THE NPV IS GREATER THAN 0 OR POSITIVE THE IRR IS GREATER THAN 10%

3./

INITIAL INVESTMENT

= $1600000

ANNUAL NET CASH FLOW

= NET INCOME + DEPERICATION

= $250000 + [($1600000 - $350000) / 8]

= $250000 + $156250

= $406250

SALVAGE VALUE

= $350000

NPV

= -$1600000 + $406250 * PVIFA 20%, 8 PERIODS + $350000 * PVIF 20% *PERIOD

= -$1600000 + $406250 * 3.8372 + $350000 * 0.2326

= -$1600000 + $1558862.5 + $81410

= $40272.5

4./

AS THE NPV IS GREATER THAN 0 OR POSITIVE THE IRR IS GREATER THAN 20%

Explanation:

6 0
3 years ago
Sheridan Company purchased land as a factory site for $1350000. Sheridan paid $114000 to tear down two buildings on the land. Sa
Aleksandr-060686 [28]

Answer:

a

a

Explanation:

6 0
3 years ago
The total payroll of trolley company for the month of october was 960000 of which 180000 represented amounts paid to certain emp
vivado [14]

Answer:

$68,760  

Explanation:

The computation of the payroll expense is shown below:

FICA taxes ($960,000 - $180,000) × (7.65% - 1.45%) $48,360

Medicare ($960,000 × 1.45%)                                       $13,920

State unemployment tax {($960,000 - $600,000) × 1%}  $3,600

Federal unemployment tax {($960,000 - $600,000) × 0.80%} $2,880

Total                                                                                  $68,760  

6 0
3 years ago
The Consumer Division lost $28,000 and the Industrial Division had operating income of $58,000. Management has analyzed the situ
Juli2301 [7.4K]

Answer: c. $22,000 increase in operating income

Explanation:

Expected decrease in revenues                                       -$280,000

Expected decrease in total variable costs                        (-$200,000)

Expected decrease in fixed costs                                  <u>    (-$102,000)</u>

Expected increase(decrease) in operating income            $22,000

<em>Costs are to be deducted from revenues so if the costs are decreasing, the mathematical treatment would be to add the decrease to the revenues which is how the above was calculated. </em>

5 0
3 years ago
Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s management predicts that 6,4
Ann [662]

Answer:

1. Production budget for third quarter for skis - 162,500 skis

2. Direct materials budget for Carbon Fiber for quarter 3 - 323,000 pounds

   Cost of carbon Fiber purchases - $ 4,199,000

3. Direct Labor budget for quarter 3 - $ 1,462,500

4. Factory overhead budget for quarter 3 - $ 2,446,000

Explanation:

Computation of Production budget for quarter 3 for skis

Closing inventory- skis end of quarter 3                                   4,900 skis

Add: Sales for quarter 3 -  skis                                                164,000 skis

Less: Opening inventory - skis                                               <u>(    6,400)</u> skis  

Production for skis in units                                                      162,500 skis

Computation of direct material budget for quarter 3

Closing inventory Carbon fiber                                                  5,400 pounds

Add: Consumption of Carbon fiber in production    

162,500 skis * 2 pounds                                                         325,000 pounds                                        

Less: Closing inventory Carbon fiber                                   <u> (     7,400) </u>pounds

Direct Materials carbon Fiber Budgeted Purchases            323,000 pounds

Cost of Carbon Fiber Purchases ($ 13*323,000 pounds)    $ 4,199,000

Computation of direct labor budget for quarter 3

Production of skis for quarter 3                                                162,500 skis

Direct Labor hours per unit                                                        0.5 hours

Cost per Direct Labor Hours                                                      $ 18 per hour

Total Direct Labor Budget (162,500 skis* 0.5 hours * $ 18 )   $ 1,462,500

Computation of Factory overhead budget for quarter 3

Production of skis for quarter 3                                                162,500 skis

Variable costs $ 8 per labor hours ( 81,250 hours * $ 8)        $   650,000

Fixed overhead per quarter                                                      <u>$ 1,796,000</u>

Total overhead for quarter 3                                                    $ 2,446,000

5 0
3 years ago
Read 2 more answers
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