Answer:
The answer is b. Up to $4 million.
Explanation:
It is critical to recognize that $3 million already spent on developing the product is the sunk cost, which is irrelevant cost that should not be included in the budget further spend for the new product.
As the new product is expected to generate a revenues of $4 million, the further cost should be spent on the new product development should not be exceeded the $4 million.
Thus, the answer is b. Up to $4 million is the correct choice.
The answer in the space provided is concurrent engineering.
It is because concurrent engineering is the one responsible of having to lead
improvement in regards of the organization or company’s reduced cost or its
productivity in which is helpful and could brought it for their own benefit.
Answer:
D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Explanation:
An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.
It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Answer:
The maximum price that a prudent investor would be willing to pay for a share of Valorous stock today is $37.92
Explanation:
In order to calculate the maximum price that a prudent investor would be willing to pay for a share of Valorous stock today we would have to use the following formula:
Current price=future dividends*present value of discount factor(8%, time period)
Therefore, current price= $40/1.08^2 + $2.35/1.08^2 + $1.75/1.08 =
current price=$34.29+$2,01+$1,62
current price=$37.92
The maximum price that a prudent investor would be willing to pay for a share of Valorous stock today is $37.92
Answer:
Data that are observed or collected directly from respondents are called primary data.
Explanation:
Primary data are data obtained directly from respondents via field survey. These data are usually collected through the use of questionnaires or interviews.
