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egoroff_w [7]
3 years ago
12

Managers who practice total quality management_______(A) invest more resources at the front end of the value chain in research a

nd development and design to produce a superior product.(B) invest more resources in inspecting and repairing products once they are produced.(C) practice both A and B.(D) practice neither A nor B.
Business
1 answer:
kirza4 [7]3 years ago
8 0

Answer:

The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.

Explanation:

Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

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Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di
natta225 [31]

Answer:

C. $13,700

Explanation:

Given that;

Beginning retained earnings = $4,000

Net income during the period = $10,000

Dividends = $300

Computation of Ending balance in the retained earnings account

= Beginning retained earnings + Net income during the period - Dividends

= $4,000 + $10,000 - $300

= $13,700

Therefore, the ending balance in the retained earnings account is $13,700

5 0
2 years ago
10. You are offered an annuity that will pay you $200,000 once every year, at the end of each year, for 25 years (i.e. the first
seraphim [82]

Answer:

PV= $2,749,494

Explanation:

Giving the following information:

Cash flow= $200,000

Number of periods= 25

Interest rate= 5.25%

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {200,000* [(1.0525^25) - 1]} / 0.0525

FV= $9,881,102.14

<u>Now, the present value:</u>

PV= FV/(1+i)^n

PV= 9,881,102.14 / (1.0525^25)

PV= $2,749,494

6 0
3 years ago
You have been investing $165 a month for the last 12 years. today, your investment account is worth $60,508.29. what is your ave
Tanzania [10]
Given:
Future value, F=60508.29
Monthly payment, A = 165
Compounding period = month
Number of periods, n = 12*12=144
interest per period = i   [ to be found ]

We have the relationship
F=A((1+i)^n-1)/i
but there is no explicit formula for i for given F, A and n.
We need to solve a non-linear equation for the value of i, the monthly interest rate.
One of the ways is to solve it by fixed iteration, i.e. 
1. using the given relation, express i in terms of other parameters.
2. select an initial value of i
3. evaluate i according the equation in step 1 until the value is stable.

Here we will use the relationship to express
i=((60508.29*i)/165+1)^(1/144)-1  [ notice that i is on both sides of = sign ]
using an initial value of i=0.01 (about 1% per month).
Successively, we get
i=((60508.29*0.01)/165+1)^(1/144)-1=0.01075571
i=((60508.29*0.01075571)/165+1)^(1/144)-1=0.011160681, similarly
i=0.0113685
i=0.0114728
i=0.0115246
i=0.0115502
i=0.0115628
i=0.0115690
i=0.0115720
Assuming the above has stablilized, and the APR is 12 time the above value, namely
Annual percentage rate = 0.01157205998210142*12=0.13886=13.89%



6 0
3 years ago
A new furnace for your small factory will cost $45,000 and a year to install, will require ongoing maintenance expenditures of $
Anna35 [415]

Answer:

a) NPV = $43,874.65

b) IRR = 24.37%

c) payback period = 5.33 years

d) equivalent annual cost = $6,024.55

e) equivalent annual savings = $13,298.61

f) since the NPV is positive, the equivalent annual savings must be higher than the equivalent annual costs

Explanation:

initial outlay year 0 = -$45,000

net savings year 1 = -$1,400 + (4,200 x $2) = $7,000

net savings year 2 = -$1,400 + (4,200 x $2.50) = $9,100

net savings year 3 = -$1,400 + (4,200 x $3) = $11,200

net savings years 4 - 20 = -$1,400 + (4,200 x $3.50) = $13,300

discount rate = 12%

using a financial calculator:

NPV = $43,874.65

IRR = 24.37%

payback period = 5.33 years

equivalent annual cost = (present value of costs x 12%) / / [1 - (1 + 12%)⁻ⁿ] =[($45,000 + $10,457.22) x 12%] / [1 - (1 + 12%)⁻ⁿ] = $6,654.87 / 0.89633 = $7,424.57

equivalent annual savings = (present value of savings x 12%) / / [1 - (1 + 12%)⁻ⁿ] = ($99,332.87 x 12%) / / [1 - (1 + 12%)⁻ⁿ] = $11,919.94 / 0.89633 = $13,298.61

4 0
3 years ago
The United States will import 3 million CDminusRom drives if​ ________ tax per CDminusRom drive is levied on imported CDminusRom
Brums [2.3K]

Answer:

A. no

Explanation:

If there is no tax rate per CDminusRom, to import it will cost less. It is easier when there is no tax rate attached. Therefore, The United States will import 3 million CDminusRom drives if​ ____NO____ tax per CDminusRom drive is levied on imported CDminusRom drives. Hence, the answer is A

8 0
2 years ago
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