What are the two most important variables for determining resource allocation?
Answer:
Location and Time
Answer:
The project is profitable after 3.8 years
Explanation:
Year Cash Flow Cumulative
0 -$1000 -$1000
1 $300 -$700
2 $300 -$400
3 $500 $100
400/500 0.8
<u>3.8 years</u>
Answer:
departmentalization
Explanation:
The departmentalization is a means to organize the activities of the company, in order to facilitate the achievement of its objectives, it consists in the coordination in the combination and / or adequate grouping of the activities necessary for the organization in specific departments.
Answer:
Economic profit= $25,000
Explanation:
Giving the following information:
Last year he earned $200,000 in total revenues and paid $125,000 to his employees and suppliers.
Job offer= $50,000 per year
The economic profit takes into account the opportunity cost of other options.
Economic profit= 200,000 - 125,000 - 50,000
Economic profit= $25,000
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