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deff fn [24]
3 years ago
6

Digby's turnover rate for this year is 6.29%. This rate is projected to remain the same next year and no further downsizing will

occur from automating. Digby plans to spend an additional $500 beyond the extra amount above the $1000 recruiting base it spent this year. The goal of this additional investment is to improve the quality of applicants. What would the total recruiting cost be for Digby next year?
Business
1 answer:
maksim [4K]3 years ago
6 0

Answer:

$208,443

Explanation:

The computation of total recruiting cost be for Digby next year is shown below:-

R_1 = (B + R_o + A)\times N

as

B indicates baseline spend = $1,000

R_o indicates current year recruits spend = $5,000

A indicates additional next year spend = $500

N indicates the number of new employees for next year = Total employees × turnover rate

N = 510 × 0.0628787

= 32.0681538

now we will put the values into the above formula.

R1 = ($1,000 + 5000 + $500) × 32.0681538

= $208,443

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Kelly Slater owns a parcel of land in Palm Springs and is considering two possible development options which both use his signat
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Answer:

d. Choose Option B because it has a higher NPV

Explanation:

The computation is shown below:

For Option A:

Investment = $10 million

Present Value of cash flows = Cash flow ÷ Discounting rate

= $2 ÷  10%

= $20 million

Now

NPV = $20 - $10

= $10 million

We know that

IRR is the rate at which the NPV will be zero

So,  2 ÷  r - 10 = 0

r = 20%

For Option B:

Investment = $50 million

Present Value of cash flows = $6.5 ÷  10% = $65 million

NPV = $65 - $50 = $15 million

we know that

IRR is the rate at which the NPV will be zero

So, 6.5÷ r -50 = 0

r = 13%

Based on NPV, Option B should be selected as it contains higher NPV as compared to option A.

However, Based on IRR, Option A should be chosen as it contains higher IRR and a higher IRR represent a higher profit percentage

 

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3 years ago
Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
Mamont248 [21]

Answer:

(c). no longer satisfies a sufficient number of customers

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Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

Hence, the correct option is (c). no longer satisfies a sufficient number of customers.

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Pools purchased $ 60 comma 000 of 14​% DMH bonds on January​ 1, 2018​, at a price of 159.5 when the market rate of interest was
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Answer:

Initial purchase of the bonds on 1st January 2016

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To, Bank/Cash A/c credit $95,700

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Interest entry on the first interest payment date of 1st July 2016

Interest amount to be received on 1st July 2016 = ($60,000 *14%)*6/12 = $4.200

Since interest is paid semi annually, therefore we have taken interest for 6 months.

Journal entry will be:

Bank A/c Debit $4,200

To, Interest on bonds A/c Credit $4,200

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