Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.
Answer:
The average operating cost is $0.46 per mile
In deciding whether to to her use her own car or rent a car the costs are analysed below:
Variable operating cost is a relevant cost
Depreciation is not relevant as it is already cost and also it is sunk cost
insurance is not relevant as well
automobile tax and license is not relevant as it would be paid regardless of the option chosen
Explanation:
The average cost comprises of the variable operating cost per mile as well as the fixed operating cost per mile
variable operating cost per mile is $0.06
fixed cost operating cost=fixed costs/total miles driven=($3,350+$1,700+$900+$450)/16000=$6400
/16000=$0.40
average cost per mile=$0.06+$0.40=$0.46
Answer:
Explanation:
worker's production rate = 60/3 = 20units per hour
monthly capacity 160 x 20 = 3200 units.
capacity needed to produce 2000000 units
= 2000000/3200
= 625
therefore, since they already have 500 workers, they need to hire 125 more workers.
b) At the end of October they will have 2 million inventory.
c) Average inventory in each of the months has been listed in the attachment below.
The answer to this question is Objective
In business terms, objective refers to a specific result/situation that company wants to achieve within a certain time frame, after considering all their available resources. In this particular case, the research being done is the resource and connecting advertising to actual dealership is the result/situation that they want to achieve.
Answer:
Net present value at 8%=($42510)
Explanation:
Explanation- Net present value = Present value of cash inflows – Total outflows
={(19000*6.7100) - $170000}
=$127490- $170000
= ($42510)
Annual net cash inflows = Net income+ Depreciation
= $4000+$15000
= $19000
Straight line Method:-
= Cost of asset- Salvage value of asset/No. of useful life (years)
=($170000-$20000)/10 years
=$150000/10 years = $15000
Net present value at 3%=($7926)
Explanation- Net present value = Present value of cash inflows – Total outflows
={(19000*8.5302) - $170000}
=$162074- $170000
= ($7926)
Annual net cash inflows = Net income+ Depreciation
= $4000+$15000
= $19000
Straight line Method:-
= Cost of asset- Salvage value of asset/No. of useful life (years)
=($170000-$20000)/10 years
=$150000/10 years = $15000