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4 years ago

_______ is defined as any activity that seeks to provide goods and services to others with the goal of earning a profit.

Business

2 answers:

nikdorinn [45]4 years ago

8 0

Answer:

Business

Explanation:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term business also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

qwelly [4]4 years ago

4 0

Answer:

Business

Explanation:

Business is the name given to any activity that seeks to provide goods and services to others with the goal of earning a profit.

example :A small shop that provide snack and tea for breakfast is said to be opening Business .you as the buyer exchanging your money $3 for a fish roll and a cup of tea from the shop owner is transacting business.

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Your division is considering two projects with the following cash flows (in millions): 0 1 2 3 Project A -$20 $5 $9 $12 Project

mr_godi [17]

Answer:

The NPV for Project A is 3.291 and Project B is 3.56

Explanation:

In this question, we have to use the net present value formula which is shown below:

Net present value = Present value of all years cash flows - Initial investment

where,

Present value of cash inflows is calculated by applying the discount rate which is presented below:

For this, we have to first compute the present value factor which is computed by a formula

= 1 ÷ (1 +rate) ∧ number of year

number of year = 0

number of year = 1

Number of year = 2

number of year = 3

So,

Rate = 5%

For year 1 = 0.9524 (1 ÷ 1.05) ∧ 1

For year 2 = 0.9070 (1 ÷ 1.05) ∧ 2

For year 3 = 0.8638 (1 ÷ 1.05) ∧ 3

Now, multiply this present value factor with yearly cash inflows

For Project A,

The present value of year 1 = $5 × 0.9524 = $4.762

The present value of year 2 = $9 × 0.9070 = $8.163

The present value of year 3 = $12 × 0.8638 = $10.366

and the sum of all year cash inflow is $23.291

So, the Net present value would be equal to

= $23.291 - $20 = 3.291

And,

For Project B

The present value of year 1 = $8 × 0.9524 = $7.619

The present value of year 2 = $7 × 0.9070 = $6.349

The present value of year 3 = $3 × 0.8638 = $2.592

and the sum of all year cash inflow is $16.560

So, the Net present value would be equal to

= $16.560 - $13 = 3.56

Hence, the NPV for Project A is 3.291 and Project B is 3.56

4 0

3 years ago

Family Furniture Corporation incurred the following costs. Identify the costs as variable, fixed, or mixed. 1. Wood used in the

Paraphin [41]

Answer:

Explanation:

1. Wood used in the production of furniture is a variable cost

2. Fuel used in delivery trucks is variable cost

3. Straight Line depreciation on factory building is a Fixed cost

4. Screws used in production is a Variable cost

5. Sales staff Salaries is a Fixed cost

6.Sales commissions Variable

7.Property taxes Fixed

8. Insurance on buildings Fixed

9. Hourly wages of Furniture is Variable

10. Salaries of factory supervisrors is Fixed cost

11. Utillities is Mixed cost

12. Telephone bill is a Mixed cost

8 0

3 years ago

To have a justifiable reason to issue a management report on internal control based on Section 404(a) from the Sarbanes-Oxley Ac

MrRissso [65]

Answer:

The first option is correct

Explanation:

So as to have a justifiable reason to issue a management report on internal control, based on Section 404(a) from the Sarbanes-Oxley Act of 2002, the following responsibilities are required from the Management:

• Create and maintain adequate internal control over financial reporting for the company

• Provide criteria for evaluators to assess the effectiveness of the company’s internal control over financial reporting

• Assess the effectiveness of the company’s internal control over financial reporting based on management’s evaluation of it, at year-end (i.e., a point-in-time assessment), including disclosure of any material weakness in the company’s internal control over financial reporting identified by management.

Therefore, to have a justifiable reason to issue a management report on internal control under Section 404(a) of the Sarbanes-Oxley Act of 2002, management must do everything, except "Establishing a system of internal controls containing no material weakness" as this was not stated under Section 404(a) of the Sarbanes-Oxley Act of 2002.

Hence first option is correct.

5 0

4 years ago

For most normal goods the income effect and the substitution effect work in the same direction; so when the price of a good fall

bezimeni [28]

Answer:

The income effect and substitution effect work in opposite directions and income effect is dominant.

Explanation:

In case of a normal good, both the income effect as well as substitution effect work in the same direction. A fall in the price of a product will increase the purchasing power of the consumer so its quantity demanded will increase.

The consumers will also prefer the cheaper good so the substitution effect will cause the quantity demanded to increase.

In case of an inferior good, however, income elasticity is negative. The income effect and substitution effect work in opposite directions.

A price decrease in the case of an inferior good will increase the real income and purchasing power of the consumer. This will cause the quantity demanded of the inferior good to decline as the consumer will prefer a substitute normal good.

8 0

3 years ago

In a study on the effect of music on worker productivity, employees were told that a different genre of background music would b

melomori [17]

Answer:

Hawthorne effect

Explanation:

The Hawthorne effect refers to a reaction of the workers included in this experiment where their behavior will be modified (their productivity increased) simply because they know they are being observed. The study should be about how changes in the environment affect productivity, but what really affects productivity is the fact that the workers know they are being part of the study.

In the original Hawthorne experiments, if lighting was increased, productivity increased, but if lighting decreased, productivity also increased. So the changes in productivity had nothing to due with lightning conditions, but rather the fact that the workers were being part of an experiment.

6 0

3 years ago