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ch4aika [34]
2 years ago
11

Sales this year at Donna's Pawn Shop have been high, and based on several factors, Donna projects next year's sales to also be g

ood. However, even with her forecast of continued strong sales, Donna and her business partner need to develop a plan in case sales drop unexpectedly. ________ is the type of planning for alternative future conditions.A. Contingency planningB. A managerial pactC. Background planningD. A vision planE. Trend analysis
Business
1 answer:
likoan [24]2 years ago
7 0

Answer:

A. Contingency planning

Explanation:

Contingency planning refers to the an approach in forecasting unexpected events by developing an action plan to appropriately respond to such threats. In this scenario, despite that the company expects favourable sales in the future, it is planning to face an unexpected drop in sales.

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On January 1, Year 1, Frost Co. entered into a 2-year lease agreement with Ananz Co. to lease a new computer. The lease term beg
satela [25.4K]

Answer:

Frost (Lessee) and Ananz (Lessor)

The circumstance that would require Frost to classify and account for the arrangement as a finance lease is:

c. The economic life of the computers is three years.

Explanation:

a) Data:

Annual lease payments = $8,000

Present value of the minimum lease payments = $13,000

Fair value of the computer = $14,000

The economic life of the computers = 3 years

The lease period = 2 years

b) One of the conditions for classifying the lease arrangement as a finance lease is that the lease term of 2 years forms a significant part of the asset's useful life of 3 years.  Other conditions include:

Firstly, ownership of the asset is transferred to the lessee at the end of the lease term.  The second condition is that the lessee can purchase the asset below its fair value.

5 0
3 years ago
A competitive firm maximizes profit by choosing the quantity at which.
photoshop1234 [79]

Profit maximization can be achieved by a competitive corporation by choosing a quantity of output such that marginal revenue equals marginal cost.

<h3>How does a corporation maximize its profit?</h3>

A corporation maximizes income via way of means of operating wherein marginal revenue equals marginal price. The corporation chooses quantity in order for that rate to equal marginal value so that it can maximize its profit.

Therefore, When the marginal revenue for an aggressive corporation equals the market rate, the firm maximizes its profit.

learn more about profit maximization here:

brainly.com/question/4171648

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7 0
1 year ago
_____________may be defined broadly as the lack of resources to achieve a reasonably comfortable standard of living.
Harrizon [31]

Answer: Poverty

Explanation:

Poverty is the lack of resources needed to meet an individual's basic needs, such as the need for; food,water, clothing and shelter. A person is said to be poor if the person can't cater for his basic needs.

5 0
3 years ago
Orchard Farms has a pretax cost of debt of 7.29 percent and a cost of equity of 16.3 percent. The firm uses the subjective appro
svp [43]

Answer: Net present value =  $446,556

Explanation:

First we'll compute the Weighted Average Cost of Capital :

Weighted Average Cost of Capital = K_{e} \times W_{e} + K_{d} \times W_{d}

= 0.163×\frac{1}{1.48} + 0.0729× (1 - 0.35 )× \frac{0.48}{1.48}  

= 0.1255

where;

K_{e} = Cost of equity

W_{e} = Proportion of equity

K_{d} = Cost of debt

W_{d} = Proportion of debt

Now, we'll compute the cost of capital using the following formula:

Cost of capital = Weighted Average Cost of Capital + adjustment factor

= 0.1255 + 0.0125

= 0.138 or 13.8%

∴ Net present value = Cash outflows - Total PV of cash flows

= $3,900,000 - $1,260,000 (Annuity value of 13.8% for 5 years)

= 3,900,000 - 1260000 \times \frac{[1-(1+13.8)^{-5}]}{13.8}

= $3,900,000 - $3,453,444

= $446,556

Therefore, the correct answer is option(b).

5 0
3 years ago
"GDP per capita" means that the GDP is calculated per
joja [24]

When GDP is said to be per capita, it means that GDP is being calculated <u>per person. </u>

<h3>What is GDP per capita?</h3>

This refers to the Gross Domestic Product of a nation being divided by the number of people in that nation.

This measure is used to show the productivity of the people in the nation such that a higher figure means that the citizens are more productive.

Find out more on GDP per capita at brainly.com/question/18414212.

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7 0
2 years ago
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