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Ymorist [56]
3 years ago
7

In what ways can the following activities be seen as projects? In what ways do they resemble ongoing, routine business activitie

s? Feel free to add assumptions and details to describe how the activity might be a project in one context and routine in another. Reading the chapter before attending a university lecture. Taking the bus to work each day. Piloting an aircraft between Vancouver and Fiji. Teaching a course for the first time; teaching the same course every semester.
Business
1 answer:
Nonamiya [84]3 years ago
5 0

Answer: The answer is given below

Explanation:

A. Reading the chapter before attending a university lecture.

This resembles a project because it has an objective as we are informed that they are reading the chapter before going for lectures. It is also an ongoing business routine because the chapters have to be read before the lectures so as to be prepared.

B. Taking the bus to work each day.

For B, it can also be said to

be project as there is a beginning and also an ending. B could is a routine activity because it is done daily, and also it is vital for one to get to work everyday.

C. Piloting an aircraft between Vancouver and Fiji.

For C, it can also be said to

be project as there is a beginning and also an ending. Also, C could is a project because it has a specific objective as Vancouver and Fiji csn both be considered to be specific locations, thereby making this flight a specific objective. The piloting activity here is routine and is also done daily.

D. Teaching a course for the first time; teaching the same course every semester.

It is a project because it is a situation with a definite beginning and also has an end. Teaching the same course for every semester would be routine because it becomes an ongoing cycle, amd therefore the same task will be repeated.

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Baker Company, an Ohio company that sells a branded product regionally to retail customers in Midwest. It normally sells its pro
Artist 52 [7]

Answer:

Effect on income= $5,000 increase

Explanation:

Giving the following information:

One-time offer:

1,000 units at $25 per unit.

<u>Because it is a special offer and there is unused capacity, we will not take into account the fixed costs.</u>

Unitary cost= 12 + 8= $20

Effect on income= 1,000*(25 - 20)

Effect on income= $5,000 increase

6 0
3 years ago
Min invested $18,000 cash in the business. Paid $7,540 cash for monthly rent expense for May. Paid $4,600 cash for this year’s i
Olenka [21]

Answer:

\left[\begin{array}{ccc}$Account&$DEBIT&$CREDIT\\$Cash&37,600&-\\$Prepaid insurance&4,600&\\$Office supplies&890&-\\$office equipment&12,900&\\$accouts payable&-&12,900\\$Capital Account&&18,000\\$drawins&3,370&\\$Sales revenue&&36,000\\$Rent expense&7,540&\\$Total&66,900&66,900\\\end{array}\right]

Explanation:

We must do ledger for each accounts, most of them only got one transaction so we just post them directly.

For cash we must do it as there are several transaction:

       CASH

<u>DEBIT          CREDIT</u>

18,000

                    (7,540)

                    (4,600)

                       (890)

36,000

<u>                     (3,370)</u>

37,600

Assets and expenses goes into debit column

Liabilities, equity and revenues into credit column

7 0
3 years ago
Find the value of C, which makes the following two cash flow series equivalent. Assume that the market interest rate is 6% per y
Svetradugi [14.3K]

Answer:

Find attached complete question.

$ 750.10  

Explanation:

In order to ascertain the value of C ,we need to equate the present value of the two streams of cash flows to each other as follows:

first stream:

$400/(1+6%)^1+$400/(1+6%)^2+$125/(1+6%)^3+$400/(1+6%)^4+$400/(1+6%)^5+$125/(1+6%)^6+$400/(1+6%)^7=$1,808.19  

Second stream:

C/(1+6%)^1+C/(1+6%)^2-$250/(1+6%)^3-$250/(1+6%)^4-$250/(1+6%)^5+C/(1+6%)^6+C/(1+6%)^7

-$250/(1+6%)^3-$250/(1+6%)^4-$250/(1+6%)^5=-$594.74

C/(1+6%)^1+C/(1+6%)^2+C/(1+6%)^6+C/(1+6%)^7=C/0.9434+C/0.8900+C/ 0.7050+C/ 0.6651  

simplification

C/0.9434+C/0.8900+C/ 0.7050+C/ 0.6651=C/(0.9434+0.8900+0.7050+0.6651)= 0.31216C

All in all:

$1,808.19 =-$594.74+ 0.31216C

$1,808.19+$594.74= 0.31216C

$2402.93 = 0.31216C

C=$2402.93* 0.31216  =$ 750.10  

5 0
3 years ago
Willowâ, âInc., has current assets of $ 220 âmillion; property,âplant, and equipment of $ 320 âmillion; and other assets totalin
ElenaW [278]

Answer:

Willowa Inc.

a. Willowa's accounting equation (assets = liabilities + equity)

= $220 + $320 + $130 = $160 + $380 + $130

b. Working capital = Current assets - current liabilities

= $60 million ($220 - $160 million)

c. Willowa owes $540 million to creditors.

d. The company's assets owed by Willowa's stockholders = $130 million.

Explanation:

a) Data and Calculations:

Current assets = $220 million

Property, plant, equipment = $320 million

Other assets = $130 million

Total assets = $670 million

Current liabilities = $160 million

Long-term liabilities = $380 millon

Total liabilities = $540 million

Equity = Total assets - total liabilities

= $130 ($670 - $540) million

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3 years ago
Function of business​
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