Answer:
The correct answer is Inductive reasoning.
Explanation:
Inductive reasoning is a form of reasoning in which the truth of the premises supports the conclusion, but does not guarantee it. A classic example of inductive reasoning is:
- All the crows observed so far have been black
- Therefore, all crows are black
In principle, it could be that the next crow observed is not black. In contrast to deductive reasoning, inductive reasoning has the advantage of being expansive, that is, the conclusion contains more information than is contained in the premises. Given its expansive nature, inductive reasoning is very useful and frequent in science and in everyday life. However, given its fallible nature, its justification is problematic. When are we justified in making an inductive inference, and concluding, for example, that all crows are black from a limited sample of them? What distinguishes a good inductive argument from a bad one? These and other related problems give rise to the problem of induction, whose validity and importance has continued for centuries.
A very good reason that leads to the failure of ERP implementation is the
- Lack of communication within an organization
<h3>What is ERP implementation?</h3>
This can be described as the integration of a great number of functions in the business environment.
Some of the functions that are integrated are:
- Human resources
- Financial management
- Sales
ERP stands for Enterprise Resource Planning.
Read more on ERP implementation here:
brainly.com/question/16341677
Answer:
Total cash collection= $62,000
Explanation:
Giving the following information:
40% of the sales are for cash and 60% are on credit. For the credit sales, 50% are collected in the month of sale, and 50% the next month.
Sales:
January $30000
February $90000
March $50000
<u>Cash collection March:</u>
Sales in account February= (90,000*0.6)*0.5= 27,000
Sales in account March= (50,000*0.6)*0.5= 15,000
Sales in cash March= (50,000*0.4)= 20,000
Total cash collection= $62,000
Answer:
NPV = $-1,225.37
No. The return is less than 14%, because the net present value is negative
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
Only projects with a positive NPV should be accepted. A project with a negative NPV should not be chosen because it isn't profitable.
NPV can be calculated using a financial calculator
Cash flow in year 0 = $-13,000
Cash flow in year 1 and 2 = 420
Cash flow in year 3 = $420 + $16,000 = $16,420.
I = 14%
NPV = $-1,225.37
The return is less than 14%, because the net present value is negative
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute