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Yuri [45]
3 years ago
14

The purchase of capital equipment by a company, which would likely be quite an involved process, is an example of a _____ situat

ion.
Business
1 answer:
marshall27 [118]3 years ago
3 0
The purchase of capital equipment by a company, which would likely be quite an involved process, is an example of a NEW BUY situation.

The use of the term "capital equipment" hints that the company is newly established and they are buying their first equipments for the company. Thus, it's a new buy situation.
You might be interested in
An organization decides to improve its raw material handling process by buying a material handling robot. This is an example of
Leona [35]

Answer:

B. Automation

Explanation:

Option A is incorrect as a human resource cannot be a material handling robot.

Option C is wrong as statistical quality control cannot do the same task as a material handling robot can. Statistical quality control can ensure quality by minimizing risk.

Options D and E are incorrect, respectively, as flexible manufacturing cannot improve the raw materials, and fixed layouts cannot be the element of the raw material process.

Option B is correct as a material handling robot is a machine. Therefore, automation is necessary to improve the raw materials handling process.

8 0
3 years ago
Condensed balance sheet and income statement data for Jergan Corporation are presented here.
IgorLugansk [536]

Answer:

Jergen Corporation

                                             2019                2020

(1) Profit margin Ratios:           13%                10%

(2) Gross profit rate               39.2%             35.7%

(3) Asset turnover                   1.06                 1.02

(4) Earnings per share         $2.63              $1.80

(5) Price-earnings ratio =       3.2x                4.2x

(6) Payout ratio =                 62%                76%

(7) Debt to assets ratio =   32%                28%

Explanation:

a) Data and Calculations:

Jergan Corporation

Balance Sheets

December 31

                                                 2020        2019        2018

Cash                                     $ 29,300    $ 17,300    $ 17,000

Accounts receivable (net)      49,900       44,100       47,800

Other current assets             90,900      96,000      63,900

Investments                           55,200      70,200      45,600

Plant and equipment (net)  500,700    370,600    358,000

                                          $726,000 $598,200 $532,300

Current liabilities                 $84,800    $79,100    $70,300

Long-term debt                    145,700     85,900      50,800

Total debt                         $230,500  $165,000    $121,100

Common stock, $10 par     348,000   320,000     312,000

Retained earnings               147,500     113,200      99,200

                                         $726,000 $598,200 $532,300

Jergan Corporation

Income Statement

For the Years Ended December 31

                                                            2020           2019

Sales revenue                                $743,000    $606,900

Less: Sales returns and allowances 40,000        29,500

Net sales                                          703,000       577,400

Cost of goods sold                          427,400       371,500

Gross profit                                     275,600      205,900

Operating expenses

(including income taxes)                 184,210        148,160

Net income                                    $ 91,390      $ 57,740

                                                     2020       2019     2018

Market price of common stock  $8.50      $7.50   $7.00

                                               2020        2019        2018

Retained earnings               147,500       113,200     99,200

Net income                         $ 91,390    $ 57,740

Dividend paid                     $57,090     $43,740

Outstanding shares             34,800       32,000

Dividend per share              $1.64         $1.37

Average Assets:             $662,100        $565,250

                    ($726,000 + $598,200)/2  ($598,200 + $532,300)/2

a) Ratios:

                                      2019                                  2020

(1) Profit margin Ratios: 13% ($91,390/$703,000)  10% ($57,740/$577,400)

(2) Gross profit rate     39.2%                                35.7%

                ($275,600/$703,000)                          ($205,900/$577,400)

(3) Asset turnover          1.06                                 1.02

                 $703,000/$662,100                          $577,400/$565,250

(4) Earnings per share $2.63 ($ 91,390/34,800)   $1.80 ($57,740/32,000)

(5) Price-earnings ratio = 3.2 ($8.50/$2.63)     4.2 ($7.50/$1.80)

(6) Payout ratio =            62% ($1.64/$2.63)     76% ($1.37/$1.80)

(7) Debt to assets ratio =      32%                             28%

                                       ($230,500/$726,000)    ($165,000/$598,200)

     

7 0
3 years ago
Which statement about stakeholders is BEST?
olasank [31]

Answer:

2. Stakeholders can potentially impact project development.

Explanation:

Stakeholders -

It refers to a party , which is interested in a company and the business can affect the stakeholder or the stakeholder can affect the business , is referred to as a stakeholder.

The type of primary stakeholder are , the suppliers , customers , employees and the investors.

The stakeholder have the capability to affect any project .

Hence , from the question,

The correct option is 2.

4 0
3 years ago
Jason Allen is 30 years and wants to retire when he is 65. So far he has saved (1) $6,960 in an IRA account in which his money i
grandymaker [24]

Answer:

It will make annual deposits for $ 4,056.202

Explanation:

His goal is a future value of 1,000,000 in 35 years.

we will deduct from this the future value of his other investment:

<u>IRA</u>

Principal \: (1+ r)^{time} = Amount

Principal 6,960.00

time      35.00

rate                0.08300

6960 \: (1+ 0.083)^{35} = Amount

Amount 113,397.95

<u>Market account</u>

Principal \: (1+ r)^{time} = Amount

Principal 4,310.00

time     35.00

rate               0.05250

4310 \: (1+ 0.0525)^{35} = Amount

Amount 25,837.53

<u>Proceeds required from the fund:</u>

1,000,000 - 113,397.95 - 25,837.53 =  860,764.52

Now we calculate the PMT:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $860,764.52

time      34 years

(we must notice it will beging this investment next year, so at 31 years old)

rate                0.0934

860764.52 \div \frac{1-(1+0.0934)^{-34} }{0.0934} = C\\

C  $ 4,056.202

5 0
3 years ago
To save for retirement, Jamie decides to invest in an annuity that pays 5% annual interest, compounded annually. If Jamie contri
tatyana61 [14]

Answer:

Interest= $26,131.91

Explanation:

Giving the following information:

Annual deposit= $2,000

Number of periods= 20 years

Interest rate= 5%

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.05^20) - 1]} / 0.05

FV= $66,131.91

<u>Now, we can determine the interest earned:</u>

Interest= future value - total investment

Interest= 66,131.91 - 20*2,000

Interest= $26,131.91

6 0
3 years ago
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