The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.
<h3>How is interest expense computed?</h3>
Interest expense is prorated. Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).
<h3>Data and Calculations:</h3>
Note payable = $150,000
Interest rate = 9%
Period of note = 1 year
Date of issuance = April 30, 2020
Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)
Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.
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The type of risk is associated with product innovations in the early stage that design thinking helps to mitigate is known as financial risk.
<h3>What is Risk?</h3>
Risk refers to the chance of happening something wrong. It involves the uncertainty about the after effects of the acts. For the businessman, risk is the reward for profit.
Financial risk can be defined as the risk associated with the regard of the funds in the organization. It arises at the time of the product development.
Therefore, it can be concluded that Financial risk is the sort of risk associated with early-stage new designs that creative thinking helps to reduce.
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Answer:
$3,716.37
Explanation:
Initial investment $70,000 (cost of the equipment)
Depreciation expense per year = (cost- salvage value) / useful life = ($70,000 - $0) / 5 years = $14,000
net cash flows per year (the same for every year):
[(revenues - operating expenses - depreciation expense) x (1 - tax rate)] + depreciation expense = [($30,000 - $11,000 - $14,000) x (1 - 30%)] + $14,000 = $3,500 + $14,000 = $17,500
year NCF
0 -$70,000
1 $17,500
2 $17,500
3 $17,500
4 $17,500
5 $17,500
6% discount rate
using a financial calculator, the NPV = -$70,000 + $73,716.37 = $3,716.37
$73,716.37 is the present value of the 5 future cash flows
Answer:
B. Project Management encompasses all the functions of Supply Chain: Plan-Buy-Make-Deliver
Explanation:
A project can involve any aspect of logistics, e.g. building a new distribution facility, or installing an automated warehouse, etc. The main difference between project management and supply chain management is the lifespan of the work carried out. A project has a definite lifespan, e.g. a new facility must be built and it should start operating within 2 years. While operations management requires continuous day to day work, e.g. after the new facility is operating, the supply chain manager will be in charge of supply chain operations. It is normal that a supply chain manager is part of the team that handles new projects, but his/her work continues after the project is over.
