Answer:
So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33 more than Project 1
Explanation:
<em>To determine which project to be selected, we will compute the present value (PV) of the two projects and select the one with a higher PV.</em>
Present value is the today worth of the future cash inflows from a project. The higher the present value the more wealth is been created. So a project with a higher PV is better if two are been compared.
So when comparing two projects, the one with a higher PV is better.
<em>PV of Poject 1 </em>
PV = 52,000 × 1-(1.015)^(-6)
$196,793.10
<em>PV of Project 2</em>
PV = 48,000 × 1- (1.015)^(-8)
$215,391.43
So project two is better because it will increase the wealth of Chandler Tire by $ 18,598.33 more than Project 1
Out of the administrative professional roles listed, the one who can expect the highest salary is B. Senior executive assistant.
The senior executive assisant has a higher job title over a data-entry specialist, receptionist, and human resource assistant. When trying to figure out which would get paid the most, time on the job is usually a factor on pay. The title with senior in it, states that person has done the job for awhile and is expected to do and know more than someone at an entry level position.
<span>In pure competition, producers compete exclusively on the basis of p</span>roduct features.
Answer:
many people think of marketing and advertising as synonymous.
Explanation:
Advertisement or advertising refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
On the other hand, marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Hence, because advertising is the most visible form of marketing to everybody, many people think of marketing and advertising as being synonymous or the same.
In this problem we are given the mean of $1100, SD of $150 and x equal to $900. In this case, we need to use the z-score table to answer the problem:
z = (x-mean)/sd
z = (900-1100)/150
z = -1.33
from z-table, the probability at the left of z= -1.33 is equal to 9.18%
