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olchik [2.2K]
3 years ago
10

A company is considering producing some new gameboy electronic games. based on past records, management believes that there is a

70 percent chance that each of these will be successful and a 30 percent chance of failure. market research may be used to revise these probabilities. in the past, the successful products were predicted to be successful based on market research 90 percent of the time. however, for products that failed, the market research predicted these would be successes 20 percent of the time. if market research is performed for a new product, what is the probability that the product will be successful if the market research indicates a failure? g
Business
1 answer:
german3 years ago
8 0
Market research predicted these
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if estimated land value is 225,000 total net operating income is 85,000 and interest on the estimated land value is 14% per year
marishachu [46]

Answer:

Residual income is $53,500

Explanation:

To compute residual income, we have to find first the required minimum return by multiplying the value of an asset by the rate of return. Afterwards, we will deduct the minimum rate of return from the total net operating income of the period.

Residual income = net operating income - (minimum rate of return x value of an asset)

• = $85,000 - ( 14% x $225,000 )

• = $85,000 - $31,500

• = $53,500 (answer)

7 0
3 years ago
Indicate whether each of the following cost of an automobile manufacturer would be classified as direct materials, direct labor,
CaHeK987 [17]

Answer:

a) DM Windshield

(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

(f) DM Tires

(g) DL Steering wheel

(h) MO Salary of painting supervisor

Explanation:

Direct materials (DM) are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

Direct labor (DL) is production or services labor that is assigned to a specific product, cost center, or work order.

Manufacturing overhead (MO) is all indirect costs incurred during the production process.

(a) DM Windshield

(b) DM Engine

(c) DL Wages of assembly line worker

(d) MO Depreciation of factory machinery

(e) MO Factory Machinery lubricants

(f) DM Tires

(g) DL Steering wheel

(h) MO Salary of painting supervisor

7 0
3 years ago
Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal
maxonik [38]

Answer:

player 2 is signing a better contract

Explanation:

the present value of an annuity (player 1) = annual payment x annuity factor

assuming that the interest rate is 10%

present value = $10 million x 6.1446 (PV annuity factor, 10%, 10 periods) = $61.446 million

player 2's contract

the present value of a growing annuity = [payment / (i - g)] x {1 - [(1 + g) / (1 + i)]ⁿ} = [$10 / (10% - 5%)] x {1 - [(1 + 5%) / (1 + 10%)]¹⁰} = $200 x 0.372 = $74.398 million

4 0
3 years ago
â_______________ refers to the broad set of activities carried out by organizations to analyze sourcingâ opportunities, develop
horsena [70]

Answer: Supply Management

Explanation:

Supply management is referred to as or known as the task of acquiring, identifying, and also managing suppliers and resources that tends to be  essential for operations of the organization.  It is also referred to as procurement, i.e. supply management tends to include purchase of commodities such as physical goods, services, information, and several other resources that might enable an organization to continue growing and operating .

5 0
3 years ago
A marketing intermediary would most likely help a firm by ________.A) negotiating with labor unions regarding wages, hours, and
Arte-miy333 [17]

Answer:

Moving the firm's goods from production points to distribution centers (E)

Explanation:

Negotiating with labor unions regarding wages, hours, and benefits : This function is the primarily  responsibility of Human Resources Manager

Providing technical expertise on the production and design of goods :

This is the responsibility of an Operation Manager

Supplying the raw materials needed for manufacturing the firm's products :

This is the responsibility of Procurement/Purchasing Manager in collaboration with store-keepers.

Moving the firm's goods from production points to distribution centers :

A marketing intermediary is responsible for getting goods from production floor to distribution centers.

7 0
3 years ago
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