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geniusboy [140]
3 years ago
8

The functional manager is planning the billing system replacement project with the newest project manager at the company. In dis

cussing this project, the functional manager focuses on the cost associated with running the system after it is created and the number of years the system will last before it must be replaced. What best describes what the functional manager is focusing on?(A) Project life cycle
(B) Product life cycle
(C) Project management life cycle
(D) Program management life cycle
Business
1 answer:
jonny [76]3 years ago
3 0

Answer:

(A) Project life cycle

Explanation:

  • The product life cycle focuses on not only the project cost of producing the product, but the total ownership cost of the project product. The project life cycle involves the processes used to create the project's product, such as the steps to build a home or computer system.
  • The project management life cycle is the project management approach to the project. The “Program Management Life Cycle” is sound.

so correct option is (A) Project life cycle

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Cat's product manager continues to perform well in the market. However, a competing product is coming on strong and is looking t
Ugo [173]

Answer:

Increase promotion spending

Explanation:

Note that the challenge for the product is to get a demand that supersedes that of their competitor. Thus, by spending more on promotion they could still maintain the contribution margin while at the same time increase consumers demand the product.

For example, by adding extra gift items to their products consumers would likely feel motivated to buy the product over the other.

8 0
3 years ago
Interest on cash balance is entry required or not
ValentinkaMS [17]

Answer: No

Explanation: Unless it is invested in short-term securities, there will be no interest income for cash in any financial statement.

8 0
3 years ago
Investors, when calculating the present value of a bond's future cash flows (i.e, when valuing a bond), technically use which on
Masteriza [31]

Answer:

b. yield to maturity

Explanation:

The future cash flows of the bonds are discounted to the present value using the yield to maturity or market related rate of the bond. The required return of the bond represents the coupon payments that the bond is offering.

5 0
4 years ago
McCallister's just purchased $16,500 worth of inventory. The terms of the sale were 1/15, net 45. What is the implicit interest?
Greeley [361]

The implicit interest based on the information given is $165.

<h3>How to calculate the interest?</h3>

It should be noted that the implicit interest is calculated as:

= Inventory worth × Discount rate

= $16500 × 1%

= $165

Therefore, the implicit interest based on the information given is $165.

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3 0
2 years ago
Manning Imports is contemplating an agreement to lease equipment to a customer for five years. Manning normally sells the asset
qwelly [4]

Answer:

Manning Imports

The amount of the quarterly lease payments (beginning at the inception of the lease) in order for Manning to recover its normal selling price as well as be compensated for financing the asset over the lease term should be:

Payment Every Quarter = $5,266.65

Explanation:

a) Data and Calculations:

Cash price of equipment = $100,000

Reasonable rate of interest = 8%

Lease period = 5 years

Payment period = 20

From an online financial calculator:

Payment Every Quarter   $5,266.65

Total of 20 Payments   $105,332.90

Total Interest   $5,332.90

Lease Amortization Schedule with quarterly payment of $5,266.65:

 Beginning Balance Interest Principal Ending Balance

1 $100,000.00 $500.00 $4,766.65 $95,233.35

2 $95,233.35 $476.17 $4,790.48 $90,442.88

3 $90,442.88 $452.21 $4,814.43 $85,628.45

4 $85,628.45 $428.14 $4,838.50 $80,789.94

Year #1 End

5 $80,789.94 $403.95 $4,862.70 $75,927.25

6 $75,927.25 $379.64 $4,887.01 $71,040.24

7 $71,040.24 $355.20 $4,911.44         $66,128.79

8 $66,128.79 $330.64 $4,936.00 $61,192.79

Year #2 End

9 $61,192.79 $305.96 $4,960.68 $56,232.11

10 $56,232.11 $281.16 $4,985.48 $51,246.63

11 $51,246.63 $256.23 $5,010.41 $46,236.21

12 $46,236.21 $231.18 $5,035.46 $41,200.75

Year #3 End

13 $41,200.75 $206.00 $5,060.64 $36,140.11

14 $36,140.11 $180.70 $5,085.94 $31,054.16

15 $31,054.16 $155.27 $5,111.37         $25,942.79

16 $25,942.79 $129.71 $5,136.93 $20,805.86

Year #4 End

17 $20,805.86 $104.03 $5,162.62 $15,643.24

18 $15,643.24 $78.22 $5,188.43 $10,454.81

19 $10,454.81 $52.27 $5,214.37 $5,240.44

20 $5,240.44 $26.20 $5,240.44 -$0.00

Year #5 End

3 0
3 years ago
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