Answer:
(A) Project life cycle
Explanation:
- The product life cycle focuses on not only the project cost of producing the product, but the total ownership cost of the project product. The project life cycle involves the processes used to create the project's product, such as the steps to build a home or computer system.
- The project management life cycle is the project management approach to the project. The “Program Management Life Cycle” is sound.
so correct option is (A) Project life cycle
Answer:
Approximately 60% of total US land is owned by private individuals, corporations and nonprofit organizations, while the remaining 40% is owned by American Indians, and federal, state and local governments.
The vast majority of privately owned land is held by farmers, ranchers and forest owners (57% of total), while nearly 80 million urban landowners account for 2% of the total.
The federal government owns approximately 33% of all the US land.
Answer:
Any value given up from not choosing the other options is the <u>opportunity cost</u>
Explanation:
The cost of opportunity is the alternative that you sacrifice when you choose an option.
It represent the benefits that you misses out on when choosing one alternative over another.
In this case, the cost of opportunity is to plant crops.
Answer:
a. 5 years
b. Yes they will because the payback period is 5 years.
Explanation:
a. Payback period
First calculate the annual cash inflow:
= Net income + Depreciation
= 66,500 + 28,500
= $95,000
The investment cost was $475,000
Payback period = Investment cost / Annual cash inflow
= 475,000 / 95,000
= 5 years
b. The company will purchase the games because they have a payback period of 5 years.
A creditor who extends credit to a consumer to purchase a consumer good under a written security agreement obtains a<u> "purchase money" </u>security interest in the consumer good.
A purchase money security interest (PMSI) is a legitimate claim that enables a lender to repossess property financed with its loan or demand repayment in real money if the borrower defaults. It gives the lender need over other creditors cases.
A PMSI is utilized by some commercial lenders and credit card guarantors just as by retailers who offer financing alternatives.
