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3 years ago

What does SME stand for

Business

2 answers:

xenn [34]3 years ago

8 0

Answer:

small to medium-sized enterprise, a company with no more than 500 employees.

Explanation:

boyakko [2]3 years ago

5 0

Answer:

Subject Matter Expert and Small and Medium Enterprise

Explanation:

the abbreviation for "Subject Matter Expert"

and "Small and Medium Enterprise"

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On January 15, 2020, Dolan Corp. adopted a plan to accumulate funds for environmental improvements beginning July 1, 2024, at an

Andreyy89

Answer:

Annual deposit (PMT) = $1,567,060.39

Explanation:

Given:

Future value of annuity due = $8,000,000

Rate of interest(r) = 10% = 0.1

Number of year (n) = 4 year

Annual deposit (PMT) = ?

Computation of annual deposit :

$Future\ value\ of\ annuity\ due = PMT [\frac{(1+r)^n-1}{r} ](1+r)\\\\8,000,000 = PMT [\frac{(1+0.1)^4-1}{0.1} ](1+0.1)\\\\8,000,000 = PMT [\frac{(1.1)^4-1}{0.1} ](1.1)\\\\8,000,000 = PMT [\frac{(0.4641}{0.1} ](1.1)\\\\8,000,000 = PMT [5.1051]\\PMT = 1,567,060.39$

Annual deposit (PMT) = $1,567,060.39

6 0

3 years ago

RideShare offers short-term rentals of vehicles that are kept in small lots in urban neighborhoods with plenty of potential cust

Free_Kalibri [48]

Answer:

a. Offered load = 1 lot / 4 hours = 6 cars/4 hours = 1.5 cars/hours

b. Demand rate = Total cars per 4 hours/20 minutes time

Demand rate = 6*4 / 20

Demand rate = 24/20

Demand rate = 1.2 cars/hours

Implied utilization = Demand rate / Offered load

Implied utilization = 1.2/1.5

Implied utilization = 0.8

Implied utilization = 80%

c. Capacity of the process = 1 lot / 5 hours

Capacity of the process = 6 / 5

Capacity of the process = 1.2 rentals per hours

d. Probability that all eight cars are rented at the same time

=> (1 - 0.8) * (0.8)^8

=> 0.2 * 0.1678

=> 0.03356

=> 3.36

5 0

3 years ago

At the beginning of 2020, Concord Company acquired a mine for $3,251,600. Of this amount, $124,000 was ascribed to the land valu

Sav [38]

Answer:

A. $737,520

B. $530,320

Explanation:

a. Computation for the total amount of depletion for 2020.

First step is to calculate the Depletion Rate

Depletion Rate = ($3,251,600 - $124,000 + $49,600 + $210,800)/12,100,000

Depletion Rate= $3,388,000/ 12,100,000

Depletion Rate= 0.28

Now let calculate the total amount of depletion for 2020.

2020 Total amount of depletion= 0.28 × $2,634,000

2020 Total amount of depletion= $737,520

Therefore the total amount of depletion for 2020 is $737,520

B. Computation for the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020.

Expense amount charged= ($737,520/$2,634,000)* 1,894,000

Expense amount charged=0.28 *1,894,000

Expense amount charged=$530,320

Therefore the amount that is charged as an expense for 2014 for the cost of the minerals sold during 2020 is $530,320

7 0

3 years ago

Marketing Docs prepares marketing plans for growing businesses. For 2017, budgeted revenues are $1,500,000 based on 500 marketin

pishuonlain [190]

Answer:

Option (a) is correct.

Explanation:

Contribution margin per marketing plan = Sales - Variable cost

= $3,000 - $2,000

= $1,000

(1) $Break-even\ in\ rooms=\frac{Fixed\ cost}{contribution\ margin\ per\ marketing\ plan}$

$Break-even\ in\ rooms=\frac{400,000}{1,000}$

Break even in marketing plan = 400

(2) Break-even in dollars:

= Break-even in marketing plan × Average rate per plan

= 400 × 3,000

= 1,200,000

(3) Margin of safety = Actual sales - Break-even sales in dollars

= 1,500,000 - 1,200,000

= 300,000

$Margin\ of\ safety\ ratio=\frac{Margin\ of\ safety}{Actual\ sales}$

$Margin\ of\ safety\ ratio=\frac{300,000}{1,500,000}$

= 20%

(1) Contribution margin per marketing plan = Sales - Variable cost

= $4,000 - $2,000

= $2,000

$Break-even\ in\ rooms=\frac{Fixed\ cost}{contribution\ margin\ per\ marketing\ plan}$

$Break-even\ in\ rooms=\frac{400,000}{2,000}$

Break even in marketing plan = 200

(2) Break-even in dollars:

= Break-even in marketing plan × Average rate per plan

= 200 × 4,000

= 800,000

(3) Margin of safety = Actual sales - Break-even sales in dollars

= 1,500,000 - 800,000

= 700,000

$Margin\ of\ safety\ ratio=\frac{Margin\ of\ safety}{Actual\ sales}$

$Margin\ of\ safety\ ratio=\frac{700,000}{1,500,000}$

= 47%

Therefore, option (a) would achieve the margin of safety ratio more than 45%.

7 0

3 years ago

The decision-making process has five steps. After collecting relevant information and evaluating each alternative, the next step

Otrada [13]

Answer:

Select the course of action

Explanation:

Because it’s the next step after collecting relevant information and evaluating each alternatives

7 0

2 years ago