Since the crossover point is 11.4 percent and have decided to accept project X because the required return is 12.7 percent, it that implies that we sould always accept Project X if the required return exceeds the crossover rate.
Crossover rate refers to the cost of capital where the net present values of 2 projects are equal.
- After the cross over rate, the project X will remain better compared to project Y.
- Hence, since the crossover point is 11.4 percent and have decided to accept project X because the required return is 12.7 percent, it implies that we should always accept Project X if the required return exceeds the crossover rate.
Therefore, the Option C is correct.
Missing options <em>"</em><em>A. accept Project Z if the required return is less than 12.7 percent. B. be indifferent to the projects at any discount rate above 12.7 percent. C. always accept Project X if the required return exceeds the crossover rate. D. always accept Project X E. accept Project Z only when the required return is equal to the crossover rate."</em>
<em />
Read more about crossover rate
<em>brainly.com/question/10538159</em>
Answer:
Dr D. Hopkins, Capital 210,000
Cr P. Houghton, Capital 10,000
Cr M. Hammel, Capital 10,000
Cr Cash 230,000
Explanation:
Preparation of the December 31 journal entry for the partnership.
Based on the information given the December 31 journal entry for the partnership will be :
Dr D. Hopkins, Capital 210,000
Cr P. Houghton, Capital 10,000
(100,000-80,000/2)
Cr M. Hammel, Capital 10,000
(100,000-80,000/2)
Cr Cash 230,000
Answer:
d. the complexity of the product.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. The pre-service strategies includes identifying the following target market, design, branding, market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Personal selling also known as face-to-face selling can be defined as a sales technique or strategy in which the salesperson meets with the potential buyer (customer) for the sole purpose of convincing him or her to buy a product.
For Michael, personal selling works better than other forms of promotion because of the complexity of the product i.e high technicalities associated with the product. The product Michael are highly technical and as such would require guidance or explanation on how to safely use them.
Highest returns so number 1 is the answer
Answer: Option (B) is correct
From the given options, the following statements is most suitable:<em> Both socialism and communism, achieves equal distribution of income and wealth, but in communism, the state takes more control over individual's lives.</em>
Communism can be referred to as a political and economic principle that aims to reinstate private economy with public ownership and thereby gaining a control of means of production and the resources of a state.
Socialism can be referred to as a social and economic principle that aims for public rather than private ownership. According to this perception, individuals do not work in desolation but live in cooperation.