Answer:
a. Pay back period is 4 years and 18 days
b. Net present value is - $5,909. Since the NPV is negative, the project should be rejected.
Explanation:
Note: See the attached for the calculation tables of a and b.
a. Pay back period = 4 years and [($2,565/$51,244)*365 days] = 4 years and 18 days approximately.
Answer:
(1)
Fees revenues 42,600
Total expenses 1.92 x 4260 = 8179.2
<em>Net income 34,420.8</em>
<em>(2)</em>
Fees revenues 42,600
Variable cost 2,982
Contribution Margin 39,618
Fixed Cost 14,400
Net Income 25,218
Explanation:
(1)
We multiply by the garment cleaned
10 x 4,260 = 42,600
0.7 x 4,260 = 2982
and distribute the fixed cost among the normal capacity
14,400 / 7,500 = 1.92 fixed cost per garment cleaned
.7 + 1.92 = 2.62 cost per garment
(2)
We do not include the fixed cost in the unit cost, we subtact them completely as an expense.
Average recruiters eliminates a lot of applicants by scanning their resumes and find some keywords in the resume here are some "DO" things that should be in your resume :
- make it a text based format, don't rely on picture and graph since it cannot be scanned
- AVOID any typos
- do not use text box, since the scanner will categorized as graph
Hope this helps
A perfectly competitive firm will be willing to produce even at a loss in the short run, as long as the loss is no greater than its total variable costs.
Variable costs are expenses that vary in proportion to the volume of goods or services that a business produces. A variable cost is an ongoing cost that changes in value according to factors like sales revenue and output. Variable costs include labor, raw materials, etc.
Variable costs are costs that change as the volume changes. Examples of variable costs are raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees.
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The ethnocentric staffing policy is used in Trisha firm.
What do you mean by staffing?
Staffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or future employees. The main goal of staffing is to fill the various roles within the company with suitable candidates.
What is importance of staffing?
If the staff are not competent, your organization will lag. But if you recruit the right kind of professionals, any company would perform other chores, such as organizing, directing, and controlling properly. It also contributes to the efficient utilization of resources.
The ethnocentric approach--------- to recruitment means that we hire people from our parent country to fill positions all over the world.
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