Answer:
1)
Explanation:
It is both easy to mistake a company's mission for its vision and to differentiate then. It´s simple: the company mission is grounded on the present, on what it could now for its customers. The company vision is what it hopes to become in the future, serving as a guideline for present actions and strategies. The first alternative, “to offer the lowest prices on hardcover books”, is a mission, its something that can be done now. The other alternatives are visions (alternatives 2, 4 and 5) or values (alternative 3).
Answer:
The correct response is "6.71 years".
Explanation:
The given values are:
Loan amount
= $30 Million
Loan payment per year
= $5 Million
Interest rate
R = 3%
Let,
The take number of years will be "n".
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
On taking log both sides, we get
⇒ 
⇒ 
Answer:
The effect on Morgantown's overall profit is $140,000 decrease in Morgantown's profits
Explanation:
In order to calculate the effect on Morgantown's overall profit we would have to make the following calculations:
Contribution margin per unit for Lock Division = Selling price – Variable costs = $40 - $22 = $18
Contribution lost by lock division if Cabinet division buys from outside = $18 * 10,000 = $180,000
Cost per unit saved by Cabinet division = $40 - $36 = $4
Total cost saved by cabinet division = $4 * 10,000 = $40,000
Net decrease in profit = Contribution lost – Cost saved = $180,000 - $40,000 = $140,000
Therefore, the effect on Morgantown's overall profit is $140,000 decrease in Morgantown's profits.
