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german
3 years ago
5

e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its

most congested streets. A similar purchase 4 years ago cost $950,000. At an interest rate of 7% per year, what is the equivalent value today of the previous $950,000 expenditure?
Business
1 answer:
maks197457 [2]3 years ago
3 0

Answer:

The equivalent value of the expenditure today is = $1,245,256.21

Explanation:

The equivalent today of the 950,000 would be the future value compounded at 7% per year.

FV =  PV × (1+r)^n

FV - ?, PV - value 4 years ago, n- number of years, r- rate of return

PV - 950,000, n- 4, r-7%

FV = 950,000 ×(1.07^4)=  1,245,256.21  

The equivalent value of the expenditure today is = $1,245,256.21

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Supply chain management should begin with a focus on _______. a. the producer b. the marketing channel c. the customer d. the se
krek1111 [17]

Answer:

(C) Supply chain management should begin with a focus on "the customer".

Explanation:

Supply chain management involves managing all the processes involved in converting raw materials to finished goods and distributing such goods or services to satisfy customer needs.

Processes involved in supply chain management include; sourcing for raw materials, manufacturing, packaging, delivery, customer service.

Before any of these processes are carried out however, an organization must first focus on identifying the needs of its customers and then provide products that add value for the customers and satisfy their needs.

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2 years ago
The Economic Research Service of the U.S. Department of Agriculture provides information on topics from how many dairies there a
balandron [24]

Answer:

external secondary data

Explanation:

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This type of data is very useful because it can help us to reduce the costs of a marketing research or other types of studies. A lot of information can be found on the internet, but you must try to use only the information that comes from reliable sources.

5 0
3 years ago
When a person is authorized by the principal to transact all affairs in connection with a particular type of business or trade o
yawa3891 [41]

Answer:

General agent

Explanation:

A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.

A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.

On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.

6 0
2 years ago
During December, the production department of a process operations system completed and transferred to finished goods a total of
kati45 [8]

Answer:

$3 per unit

Explanation:

The computation of the direct materials cost per equivalent unit is shown below:

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