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4 years ago

Is the process of planning, scheduling, and then controlling the activities during system development?

1 answer:

8 0

This process is called project management it leads a team or group of people with this process to achieve a goal they want or need to meet but sometimes at a certain time. I hope this helps!

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Consider Emily's balance statement:

notsponge [240]

Answer:

see below

Explanation:

A balance sheet is prepared following the accounting principles of assets equal to liabilities plus equity. Assets are left side while equity and liabilities on the other.

Assets are valuable that a business owns. Liabilities refer to the debts or loans of the business. It is what the business owes others. Equity is the owner's contribution to the business.

In this balance sheet, Emily has confused assets and liabilities.

The column labeled as liabilities represents assets. She should change that. This column should be the topmost column. She has interchanged the labels for liabilities and assets. The difference between assets and liabilities should be equity.

8 0

3 years ago

Read 2 more answers

After carefully going over your budget, you have determined you can afford to pay $632 per month toward a new sports car. You ca

ZanzabumX [31]

Answer:

I can borrow $24,000

Explanation:

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.

The amount of loan can be calculated as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Amount of Loan = $632 x [ ( 1- ( 1 + 1% )^-48 ) / 1% ]

Amount of Loan = $632 x [ ( 1- ( 1.01 )^-48 ) / 0.01 ]

Amount of Loan = $24,000

r = 7.17%

Interest rate is 7.17%

4 0

3 years ago

Jose received $550 for his birthday from his family. He wishes to buy a motorcycle and decides to use his birthday money towards

vladimir2022 [97]

Answer:

$619.75

Explanation:

This is a problem of future value with compounded interest.

The equation that describes the future value of an amount (P) deposited for a period of 'n' years at an annual rate (r) compounded quarterly is:

$FV = P*(1+\frac{r}{4})^{4n}$

For a $550 investment at 4% per year for 3 years, the future value is:

$FV = 550*(1+\frac{0.04}{4})^{4*3}\\FV=\$619.75$

In 3 years, Jose will have $619.75 available towards the down payment for his motorcycle.

8 0

3 years ago

Assume that locating a cement factory in the middle of Boston would save the producer $5 million at a public expense, in polluti

never [62]

Answer:

$5 million

Explanation:

If we follow the Coase Theorem, the appropriate solution to this case should be obtained regardless of initial rights. In this case, the factory saves $5 million to the producer, but it costs $10 million to Boston residents. if Boston residents pay $5 million or more to the factory owner, then both would benefit. Boston residents will gain $10 - $5 = $5 million, as well as the factory owner.

7 0

3 years ago

Jim is evaluating project that will pay him $5,000 per year for 5 years, and then cost him $4,000 per year for 12 years. Jim’s o

FinnZ [79.3K]

Answer:

4.25%

Explanation:

We need to calculate the net present value of the cash flows to determine the IRR.

NPV = PV of Cash inflows - PV of Cash outflows

As the cash inflow and outflow are fixed for specific period of time so, we will use the annuity formula to calculate the NPV.

NPV = [ $5,000 x ( 1 - ( 1 + 18% )^-5) /18% ] - [ ( $4,000 x ( 1 - ( 1 + 18% )^-12) /18%) x ( 1 + 18%)^-6 ]

NPV = $15,636 - $7,102 = $8,534

We need NPV on a higher rate of 10%

NPV = [ $5,000 x ( 1 - ( 1 + 10% )^-5) /10% ] - [ ( $4,000 x ( 1 - ( 1 + 10% )^-12) /10%) x ( 1 + 10%)^-6 ]

NPV = $18,954 - $15,385 = $3,569

IRR = Lower rate + [ Lower rate NPV / (Lower rate NPV - Higher rate NPV) ] (higher rate - lower rate)

IRR = 10% + [ 3,569 / ($3,569 - $8,534) ] (18% - 10%)

IRR = 4.25%

4 0

3 years ago