Answer:
The correct answer is A. purchase inventory from vendors
Explanation:
The inventory is a detailed, orderly and valued relationship of the elements that make up the assets of a company or person at a given time. In the past, it was normal for inventories to be carried out by physical means (they were written on paper), but now they are usually kept in databases centrally to an entire company, even if there are companies or small stores that continue doing so with paper.
The inventory is:
-
detailed because the characteristics of each of the elements that make up the heritage are specified.
- ordered because it groups the assets in their corresponding accounts and the accounts in their assets.
- valued because the value of each asset is expressed in monetary units.
Answer:
Report it to the right person
Explanation:
According to the article titled "What to do when you spot your employer doing something illegal" written by Catherine Conlan.
It says the best thing to do is to report it to the right person.
This is evident when it is stated in the article that "If you reasonably believe your employer is doing something illegal or unethical, you should first bring it to your supervisor’s attention... If it’s your supervisor you suspect, exhaust the chain of command within the company.
Hopefully, the company will investigate the matter. If no one within the chain of command responds, then there is generally a government agency with whom one can file a complaint,"
Answer:
(a) It will have multiple IRRs
(b) The MIRR calculated is 10.18% . Going by MIRR result , this project will only generate returns that is equal to cost of capital(10%) .If there are other avaible more viable projects, it should be rejected ( Please see attached computation).
Explanation:
(a) The multiple IRRs occurs when cash flows change sign and result in more than one value for the IRR.
Application of IRR to value an investment is only suitable when the project has normal cash flows, i.e a negative initial cash flow (i.e initial investment) followed by a series of positive cash flows.
In this scenario, we have negative cash flow of $6m in year 4 which occured after positive cash flow of $3.5m per year from year 1 to 3. This typically make IRR unreliable. To overcome this limitation , we can use Modified Internal Rate of Return (MIRR)
(b) Please see attached for more details.
Answer:
It is Risk (C)
Explanation:
Sales Revenue : A company with profit maximization objective will adopt every necessary strategy and marketing techniques to increase it sales revenue.
Expenses : In order to maximize profit, all discretionary expenses and costs must be kept as low as possible .
Risk : A profit-conscious company will not be mindful of risk regardless of their impact and will be ready to take higher risk. The higher the risk, the higher the return and vice-versa.
Cost of goods Sold : these represents direct costs incurred to generate revenue. Hence, in order to maximize profit, this must be kept low as well.
Answer:
96.02
Explanation:
Lottery's Expected utility = 
= 10
Income in good state = 100 - 36 + G = 64 + G
Income in bad state = 100 - 36 = 64
Probability in good state = 43%
Probability in bad state = 100% - 43% = 57%
Expected utility = Probability in good state x 
+ Probability in bad state x 
10 = 43% x + 57% x 8
10 = 43% x + 4.56
10 - 4.56 = 43% x
5.44 = = 43% x
5.44 / 43% =
12.65 =
= 
160.0225 = 64 + G
G = 160.0225 - 64
G = 96.0225
G = 96.02
