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Ad libitum [116K]
3 years ago
6

A security firm is offered $80,000 in one year for providing CCTV coverage of a property. Thecost of providing this coverage to

the security firm is $74,000, payable now, and the interestrate is 8.5%. Should the firm take the contract?
Business
1 answer:
e-lub [12.9K]3 years ago
5 0

Answer:

contract s not acceptable

Explanation:

Given data:

worth of CCTV coverage contract = $ 80,000

Coverage Cost   = $ 74,000

Interest rate = 8.5%

Present value of the CCTV coverage is PV

PV = \frac{$ 80,000}{1.0850} = $ 73,732.72

As we can see from above calculation that present value of receivable amount is less than  current cost, hence the contract is not acceptable

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Participation occurs when employees have a voice in decisions about their own work.
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TRUE. Participation occurs when employees have a voice in decisions about their own work.
3 0
3 years ago
Sam’s Auto Shop services and repairs a particular brand of foreign automobile. Sam uses oil filters throughout the year. The sho
Sindrei [870]

Answer:

The EOQ is 353 units

Explanation:

The economic order quantity or EOQ is the quantoty that minimized the holding and ordering cost for invetory.

The formula for EOQ is,

EOQ = √(2*D*O) / H

Where,

  • D is the annual demand in units
  • O is the ordering cost per order
  • H is the holding cost per unit per annum

The annual demand of oil filters by Sam is,

Annual demand = 52 * 150 = 7800 filters

The EOQ for Sam Auto Shop is,

EOQ = √(2*7800*16) / 2

EOQ = 353.27 Units rounded off to 353 units

3 0
3 years ago
On December 28, I. M. Greasy, Catering completed $600 of catering services. As of December 31, the customer had not been billed
Alex

Answer: Debit Accounts receivable for $600.

Explanation:

The customer had not been billed so that means that they still owe the company. This would make them an accounts receivable so the adjusting entry will have to debit the Accounts Receivable account for $600 to show that it is increasing.

This amount will be credited to the Accrued revenue account to show that the cash has not yet been received.

5 0
3 years ago
The ________ section details the tactics the firm will use to develop, market, and sell the offering.a. executive summarySelect
r-ruslan [8.4K]

Answer:

The correct answer is letter "B": strategy.

Explanation:

The strategy section of a business plan highlights all the techniques the firm could carry out to produce, publish, and sell its goods or services. Besides, in this section, the main problems a company might face during operations are exposed and the methods specialists will implement to attempt to figure out those situations.

3 0
3 years ago
A disadvantage of the line structure is that it
Ivahew [28]

Answer:

Disadvantages of a Line Organization

A line organization can suffer from a lack of specialization. This is because each department manager is concerned only with the activities of his own department. Therefore, employees are skilled in tasks pertaining to their departments alone.

These organizations can overburden a keyman or a few key-men to the extent of their breaking point. Also, in the absence of a staff aid, if a strong man seizes the organization, he can run it arbitrarily. Such arbitrary power can lead to a considerable damage to the organization.

Such organizations usually suffer from a lack of expert advice. If the line manager has trouble making a decision, there is no expert staff that he can turn to.

A line organization is usually rigid and inflexible. In fact, such organizations maintain discipline so rigorously that they can rarely change.

These organizations are based on the autocratic system of management.

The division of work is not based on any scientific plan but on the whims of the manager.

It might stop progress and prevent the unit to work effectively.

Such organizations might also encourage nepotism or favoritism based on relationship or friendship.

I hope this is helpful information.

8 0
2 years ago
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