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3 years ago

Smart entrepreneurs regularly seek blank from consultants or a board of directors

Business

1 answer:

stepladder [879]3 years ago

3 0

Answer:

Help or Advice

Explanation:

Smart entrepreneurs regularly seek HELP or ADVICE from consultants or a board of directors.

As a smart entrepreneur, seeking help from consultants or a board of directors is a good way to go to elevate the business.

The consultant or board of directors can help in many ways, some of which includes:

1. Carry out an analysis of the market conditions.

2. Give credible advice about technological innovation.

3. Recommend ideal product or service changes.

4. Assists in forecasting trends.

5. Assists in developing profitable ideas or trends.

6. Give honest and reliable advice.

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Bradford Services Inc. (BSI) is considering a project that has a cost of $10 million and an expected life of 3 years. There is a

balandron [24]

Answer:

Expected Net Cash Flow = $3.8 million

Net Present Value (NPV) = $1.0492 million

Explanation:

Given Cash outflow = $10 million

Provided cash inflows as follows:

Particulars Good condition Moderate condition Bad Condition

Probability 30% 40% 30%

Cash flow $9 million $4 million $1 million

Average expected cash flow each year = ($9 million X 30 %) + ($4 million X 40%) + ($1 million X 30%) = $2.7 million + $1.6 million + $0.3 million = $4.6 million

Three year expected cash flow = ($4.6 million each year X 3) - $10 million = $13.8 million - $10 million = $3.8 million

While calculating NPV we will use Present Value Annuity Factor (PVAF) @12% for 3 years = $\frac{1}{(1 + 0.12){^1}} + \frac{1}{(1 + 0.12){^2}} + \frac{1}{(1 + 0.12){^3}} = 2.402$

NPV = PV of inflows - PV of Outflows = $4.6 million X 2.402 - $10 million = $11.0492 million - $10 million = $1.0492 million

Expected Net Cash Flow = $3.8 million

Net Present Value (NPV) = $1.0492 million

3 0

4 years ago

Cow’s Milk Creamery, Inc., needs a certain part for its pasteurizing equipment to continue its operations and orders one for $3,

Lostsunrise [7]

D.) I think I hope I helped

3 0

4 years ago

Which of these is an acceptable less hazardous method of cleaning than solvents?

Fantom [35]

Answer:

I believe it is A

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3 years ago

Yong produces silk and polyester fabrics. Management has compiled the following unit selling price and unit cost information for

monitta

Answer:

$9.05

Explanation:

the information about prices and costs is missing, so I looked it up:

contribution margin per yard for silk = $18 - $4.10 - $2.70 - $3.51 - $0.90 = $6.79

contribution margin per yard for polyester = $10.20 - $0.80 - $2.90 - $3.77 - $0.60 = $2.13

contribution margin per machine hour:

silk = $6.79 x 1/0.75 = $9.05

polyester = $2.13 x 1/0.5 = $4.16

8 0

3 years ago

"Addison Corp. is considering the purchase of a new piece of equipment. The equipment will have an initial cost of $522,000, a 3

Vlad [161]

Answer:

$31,320.00

Explanation:

The formula for accounting rate of return is the annual net cash flow divided by the initial investment.

If the initial investment was $522,000 and the accounting rate of return is computed to be 6% per year, hence the annual increase in cash flow accruing from the investment can be calculated by changing the subject of the formula.

ARR=annual increase in cash flow/initial investment

ARR is 6%

initial investment is $522,000

annual increase in cash flow?

6%=annual increase in cash flow/$522,000

annual increase in cash flow=6%*$522,000= $31,320.00

4 0

3 years ago