Complete question:
When Olga took over as facilities manager for Burlington Furniture Manufacturing, she was shocked to see the factory was still heated with a coal-fired boiler. She made an immediate decision to upgrade the heating system to something more efficient, and began to research available options. For Olga and Burlington Furniture, this represented a(n) ________ situation.']
A. generic buy
B. new buy
C. adapted buy
D. straight rebuy
E. modified rebuy
Answer:
For Olga and Burlington Furniture, this represented a new buy situation.
Explanation:
A new purchase is the first case in which a product is purchased. It is crucial for company suppliers to use their line of goods and lots of data to help the consumer make a good decision in this sort of purchasing situation.
A new buying scenario will take longer as testing, review and buying centre members must take a final decision.
A direct re-buy is typically an automated transaction where a manufacturer has a standing order every week or month for a set quantity of items.
Shareholder or stockholder
Answer:
$4,000
Explanation:
The computation of amount of Virginia's casualty loss is shown below:-
If property is personal property or is not absolutely destroyed, then the amount of loss of casualty is the lower of:
1. The adjusted asset base, or
2. Reducing the fair market value of the property as a result of the incident
But loss of casualty, should be decreased by any salvage value by any insurance or even other reimbursement that you obtain or consider.
Basis = $14,000
Decrease in fair market value = $10,000
Lower of above = $10,000
From insurance company the Reimbursement is = 6000
So, the Loss of Casualty = $10,000 - $6,000
= $4,000
Answer:
$77,217
$11,289
Explanation:
Fist we will calculate the present value of $10,000 payment
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 value of the annuity is also determined by the present value of annuity payment.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Annual payment = $10,000
r = rate of return = 10% / 2 = 5%
n = number of period = 5 years x 2 semiannual payments per year = 10 payments
PV of annuity = $10,000 x [ ( 1- ( 1+ 0.05 )^-10 ) / 0.05 ]
PV of Annuity = $77,217
Now we will use the discounting method to calculate the present value of lump sum payment of $20,000
Present value = Future value x Present value factor
PV = FV x ( 1 + r )^-n
PV = $20,000 x ( 1 + 0.1 )^-6
PV = $11,289
Answer:
$1500
Explanation:
Marginal benefit = ($2,000 × 6) - ($2,100 × 5) = $12,000 - $10,500 = $1500
