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Ivanshal [37]
2 years ago
12

Assume the process of obtaining a​ driver's license is considered too long because of too few people who can administer the fina

l driving test. One way to resolve this problem is to hire more people who can give the driving test. This is an example of a change in process​ __________.
Business
1 answer:
vfiekz [6]2 years ago
8 0

Answer:

Process resources.

Explanation:

Assume the process of obtaining a​ driver's license is considered too long because of too few people who can administer the final driving test. One way to resolve this problem is to hire more people who can give the driving test. This is an example of a change in <u>process resources.</u>

Process resouces: It is a management strategy to resolve operational issue and get smooth work flow in the process by hiring more resources to reduce waiting time and deliver the services as per expectation and on the time. It show the operational efficiency of process.

In the given case, hiring more people to adminster driving test will help in reducing the waiting time of customer and deliver services as per expectation.

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CrochetCo is considering an investment in a project which would require an initial outlay of $350,000 and produce expected cash
Lelu [443]

Answer:

Ans. A) NPV= -$9306

Explanation:

Hi, the first thing we need to do is to find the after-tax cost of the firm's capital, and since all capital sources are expressed in terms of after-tax percentage, we just multiply each proportion of capital by its costs, I mean

Long term Debt (7%) * 25% +Preffered Stock(11%)*15% + Common Stock(15%)*60%

The answer to this is 12.40%.

Now, we can find the net present value of this project by using the following formula.

NPV=-InitialOutlay+\frac{CashFlow((1+Cost of Capital)^{n} -1)}{Cost of Capital(1+Cost of Capital)^{n}}

NPV=-350,000+\frac{95,450((1+0.124)^{5} -1)}{0.124(1+0.124)^{5}} =-9,306.5

Since the expected cash flow takes place 5 times form year 1 to 5, and is equal to $95,450, "n" is equals to 5 and "CashFlow" is equal to $95,450.

Therefore, the NPV of this project is -$9,306, which is answer A)

Best of luck.

3 0
3 years ago
How likely is it that food sales would exceed $220,000 if attendance is 18000?
Serjik [45]
<span>I believe it would because that would mean it’s only $12 a person and if the event is buffet style or open bar people will most likely eat more than $12 worth of food.</span>
5 0
3 years ago
What is the purpose of the federal reserve's federal open market committee and its activities?
juin [17]

Question: What is the purpose of the federal reserve's federal open market committee and its activities?

Federal Open Market Committee. The Federal Open Market Committee, or FOMC, is the Fed's monetary policymaking body. It is responsible for formulation of a policy designed to promote stable prices and economic growth. Simply put, the FOMC manages the nation's money supply.

Hope this helps, have a good day. c;

5 0
2 years ago
On December 31, Jarden Co.'s Allowance for Doubtful Accounts has an unadjusted credit balance of $14,500. Jarden prepares a sche
uysha [10]

Answer:

The correct answer is $42,724.8.

Explanation:

According to the scenario, the computation of the given data are as follows:

Uncollectable Amt. = Receivable Amt × Uncollectable Percentage

Time         Receivable amt.     Uncollectable %  Uncollectable  Amt.

Not yet due         $860,000                1.25%                    $10,750

1 - 30 days      $344,000                2.00%                    $6,880

31 - 60 days      $68,800                6.50%                    $4,472

61 - 90 days      $34,400                32.75%                    $11,266

Over 90 days      $13,760                68.00%                    $9,356.8

Total                                                                             $42,724.8

So, Required balance of the allowance for doubtful accounts at Dec.31 is $42,724.8

7 0
3 years ago
Ina Vestor has a brokerage account with one of the remaining large investment firms. This morning her broker called asking if sh
SIZIF [17.4K]

Answer:

<em>Primary Market</em>

Explanation:

A primary market <em>announces new bonds to get funding by debt-based or equity-based bonds on an exchange for businesses, governments, and other entities.</em>

Primary markets are promoted by subscribing investment bank groups that set a starting price target for a provided security and monitor its sale to shareholders.

After the initial purchase is complete, additional selling takes place on the secondary market, where the majority of trade takes place every day.

8 0
2 years ago
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