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3 years ago

Discuss how a change in a product design could produce a change in the design of a planning and control system.

1 answer:

6 0

Product design is cross-functional, knowledge-intensive work that has become increasingly important in today's fast-paced, globally competitive environment. It is a key strategic activity in many firms because new products contribute significantly to sales revenue. When firms are able to develop distinctive products, they have opportunities to command premium pricing. Product design is a critical factor in organizational success because it sets the characteristics, features, and performance of the service or good that consumers demand. The objective of product design is to create a good or service with excellent functional utility and sales appeal at an acceptable cost and within a reasonable time. The product should be produced using high-quality, low-cost materials and methods. It should be produced on equipment that is or will be available when production begins. The resulting product should be competitive with or better than similar products on the market in terms of quality, appearance, performance, service life, and price.

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You try to evaluate an investment project for a company. A firm uses $38 million of debt and $15 million of preferred stock. The

Fynjy0 [20]

Answer:

a) total debt = $38 million

after tax cost of debt = 8% x (1 - 35%) = 5.2%

total preferred stocks = $15 million

cost of preferred stock = 10%

total common stocks = 4,125,000 x 20% = $82,500,000

Re = 5% + (1.25 x 8%) = 15%

weight of debt = 38 / 135.5 = 28.04%

weight of preferred stocks = 15 / 135.5 = 11.07%

weight of common stocks = 60.89%

WACC = (60.89% x 15%) + (11.07% x 10%) + (28.04% x 5.2%) = 11.7%

b) The project should be rejected because 11% is lower than the company's WACC (11.7%)

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3 years ago

Economic studies have generally found that professional sports players have salaries that

Rudiy27

Answer:

should be equal to their marginal revenue product.

Explanation:

This applies to basically all employees that work in competitive markets, their salaries should equal their marginal revenue product.

An employee's salary = the market value of hiring the employee = marginal revenue product

The formula for calculating marginal revenue product = marginal physical product x marginal revenue

where:

marginal physical product = extra units produced by the employee
marginal revenue = price of the units produced

For example, a new employee can produce 100 units per day and each unit is sold at $0.75, therefore the employee's marginal revenue product = 100 units x $0.75 per unit = $75 per day

4 0

3 years ago

The gross domestic product (GDP) of the United States is defined as the market value of allfinal goods and services produced wit

Rainbow [258]

Answer:

Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December 5, 2018.

b. An elementary school student buys the chocolate bar on December 24..

c. Zippycar, a U.S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 9, 2018. It sells the car at a dealership in San Diego on February 24, 2018.

d. Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 17, 2018. Athleticus imports the pair of sneakers into the United States on May 21, 2018.

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.

Items not included in the calculation off GDP includes:

1. services not rendered to oneself

2. Activities not reported to the government

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

The accountant's work would be included in 2019's GDP

The chocolate purchase would be included in GDP as part of consumption expenditure

Tire is an intermediate good in this question and would not be included in GDP

The purchase of the shoe from Vietnam would have no effect on GDP because it decreases net export

4 0

3 years ago

assume peru had an adult population of about 25 million, a labor-force participation rate of 60 percent and an unemployment rate

nikdorinn [45]

Answer: 15 million people were employed.

Explanation:

Hi, to answer this question we have to multiply the adult population (25,000,000) by the labor-force participation percentage in decimal form (divided by 100).

Mathematically speaking:

25,000,000 x (60/100) = 25,000,000 x 0.6 = 15,000,000 people

15 million people were employed.

Feel free to ask for more if needed or if you did not understand something.

6 0

3 years ago

A note payable was issued in payment for services received. The services had a fair value less than the face amount of the note

Leokris [45]

Answer:

The note payable will be presented in the financial statement at the face amount minus a discount calculated at the imputed interest rate.

Explanation:

The imputed rate is the rate at which the present value of the face amount of the note will be equal to the amount at which it is originally recorded.

Notes issued or received in exchange for goods or services that do not bear interest at a fair rate are reported at an amount equal to the fair value of the note, the fair value of the goods or services, or the present value of the note using a fair interest rate, whichever is more readily determinable.

The difference between the recorded amount and the face value is considered a discount and the applicable interest rate regardless of which method is used to value the note.

Because of this, the note is reported at its face amount minus a discount calculated at the imputed interest rate.

3 0

3 years ago