When initiating communication in a business environment, the first step is to:

Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machi

romanna [79]

Answer:

beginning inmediately: $ 140,095.127

after a year: $ 152,703.688

with a salvage value: $ 148,227.912

Explanation:

We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%

Annuity-due:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\$

PV $980,000.00

time 10

rate 0.09

$980000 \div \frac{1-(1+0.09)^{-10} }{0.09} (1.09)= C\\$

C $ 140,095.127

Annuity:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $980,000.00

time 10

rate 0.09

$980000 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\$

C $ 152,703.688

If there is a salvage value, we discounted from the lease value:

980,000 - present value of salvage value:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $68,000.0000

time 10.00

rate 0.09

$\frac{68000}{(1 + 0.09)^{10} } = PV$

PV 28,723.93

980,000 - 28,724 = 951,276

Now we calculate the PMT:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $951,276.00

time 10

rate 0.09

$951276 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\$

C $ 148,227.912

8 0

2 years ago

Taggart Inc. is considering a project that has the following cash flow data. What is the projects payback? Year 0 1 2 3 Cash flo

nikdorinn [45]

Answer:

The period of payback of the project is 2.30 years. Therefore, the correct answer is C

Explanation:

We will computing the Cumulative Cash Flow from Year 0 to Year 3

Cumulative Cash Flow Year 0 = Cash Flow of Year 0

= -$1,150

Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0

= $500 + (-$1,150)

= -$650

Cumulative Cash Flow of Year 2 = Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1

= $500 + (-$650)

= -$150

Cumulative Cash Flow of Year 3 = Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2

= $500 + (-$150)

= $350

Now, Computing the Pay back period with the formula:

Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)

= 2 + (-$150/ $500)

= 2 + 0.3

= 2.3 years

5 0

2 years ago

A factory currently manufactures and sells 800 boats per year. Each boat costs $5,000 to produce. $4,000 of the per-boat costs a

Trava [24]

Answer:

Total unitary cost= $4,800

Explanation:

Giving the following information:

Actual units= 800

Total fixed costs= 1,000*800= 800,000

UNitary variable cost= $4,000

Units increase= 200

On unitary bases, variable costs remain constant. On the contrary, fixed costs vary at a unitary level. Now, the same amount of costs is divided by a larger number of units.

Unitary fixed overhead= 800,000/1,000= $800

Total unitary cost= 4,000 + 800= $4,800

6 0

2 years ago

Mitch is the owner of GameOn, a popular sports bar. He personally trains his servers and then gives them autonomy to make on-the

Elan Coil [88]

Answer:

Mitch is the owner of GameOn, a popular sports bar. He personally trains his servers and then gives them autonomy to make on-the-spot decisions to resolve any customer complaints and issues. This is a form of _____.

a. flexibility

b. assurance

c. empowerment

d. service guarantee

The answer is C. Empowerment

Explanation:

Empowerment is the process of giving authority or power to an individual to carry out an action.

Mitch training and giving his serves autonomy to resolve any customer complaint and issues is a form of empowerment. It goes to show that he has a level of trust in their ability to make decision and respond appropriately to the issues they might face when attending to customers.

8 0

2 years ago

Jose opened a Premier account at City National Bank of Iowa with a minimum required deposit of

Andrew [12]

Answer:

$1,025.299

Explanation:

The formula for compound interest is

FV = PV × (1+r)^ n

Where Fv is the future value

Pv is the present value = $1000

r is interest rate = 1/2 % or 0.5% per year

n is five years

interest is compounded quarterly,

Interest per quarter = 0.5% /4 = 0.125% which is 0.00125

n will be 5 years x 4 quarters = 20 periods

Fv= $1000 x (1 +0.00125)^20

Fv =$1000 x(1.00125)^20

Fv= $1000 x 1.025299

Fv = $1,025.299

4 0

2 years ago