Answer:
<h3>Also known as business operations managers or business directors, business administrators are involved in monitoring day-to-day business operations, interacting with external partners, improving business and employee performance, negotiating contracts, and analyzing financial data.</h3>
Answer:
Intructions are listed below.
Explanation:
Giving the following information:
Kant Miss Company is promising its investors that it will double their money every 3 years.
A) According to the rule of 70, an investment will duplicate in X number of years using the following formula:
N= 70/ interest rate
In this exercise:
3=70/i
i=70/3= 23.33%
B) If this is a good deal or not will depend on the interest rate and risk that you are willing to accept.
C) To find how many years it will take to reach to $26000 we need to use the following formula:
n=[ln(FV/PV)]/ln(1+r)
ln= natural logarithm
FV= Final value
PV= present value
r= interest rate
n=[ln(26000/300)]/ln(1+0,23333)
n= 21,55 years.
Answer:
copyright.
Explanation:
Intangible resource do not have any physical attributes and therefore are invisible, can not be seen but can only be felt. Accordingly, from the choices provided, equipment, cash, land and inventory are all physical resources and hence are called tangible resources. Only copyright fall under intangible resource. Hence the correct answer is copyright.
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.
Answer: c. $2.89 per unit
Explanation:
Using the First-In, First-Out method, we need to find the equivalent units first:
= Equivalent opening units + Units started and completed + Equivalent ending units
= (Opening units left to be completed) + (Units completed - opening units) + (proportion of closing units completed with respect to conversion)
= (3,000 * (1 - 40%)) + (12,000 - 3,000) + (1,000 * 40%)
= 11,200 units
Conversion costs = 32,363
Conversion cost per units:
= 32,363 / 11,200 units
= $2.89 per unit
