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Soloha48 [4]
3 years ago
13

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 3.0% in thi

s and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,508,343. Assuming similar sales next year, the 3.0% increase in demand will provide $4,905,250 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $1,672,690 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month?
TQM investment will not have a significant financial impact

a. 14 months
b. 5 months
c. 10 months
Business
1 answer:
Wittaler [7]3 years ago
7 0

Answer:

Option (a) is correct answer (14 Months)

Explanation:

Given data

Investing in TQM = $2,000,000

Minimum rise in demand = 3.0 %

Last year’s sales = $163,508,343

As per the given data next year sales is increased by 3.0%. So, 3.0% of last year sales

=> 0.03 × $163,508,343 = $4,905,250.29 ~= $4,905,250

Income added to the bottom line = 34.1% of increased demand

=> 0.341 × $4,905,250 = $1,672,690.25~= $1,672,690

Payback on the initial $2,000,000 TQM investment can be attained in a period and can be computed by using the formula

=> (Investment in TQM / Revenue added to the bottom line) × 12

=> ($2,000,000 / $1,672,690) ×12 = 14.34 ~ = 14 Months

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Assume that the interest rate is 4% compounded monthly. Roy buys 100 shares of Moogle company, at the market price of $30 per sh
Inessa [10]

Answer:

$30.61

Explanation:

Data provided in the question:

Annual Interest rate = 4% = 0.04

Since compounded monthly

Therefore,

Monthly interest rate, r = 0.04 ÷ 12 = 0.0033

Price per share = $30

Number of shares purchased = 100

Total value of shares purchased = $30 × 100

= $3,000

Therefore,

the amount borrowed = Total value of shares purchased

= $3,000

Amount to be paid after 6 months = Principle × ( 1 + r )ⁿ

= $3,000 × ( 1 + 0.0033  )⁶

= $3,060.50

Therefore,

The minimal value of S

= Amount to be paid after 6 months ÷ Number of shares

= $3,060.50 ÷ 100

= $30.605 ≈ $30.61

8 0
3 years ago
If you want to compare your qualifications to an employers requirements, a t-letter is the best cover letter format to use. plea
Romashka-Z-Leto [24]

Yes it’s true, If you want to compare your qualifications to an employer's requirements, a T-letter is the best cover letter format to use.

<h3>What is a cover letter? </h3>
  • It is a form of an application that goes along with an applicant’s resume.
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8 0
1 year ago
Which TWO of the following statements are TRUE when a broker-dealer executes a principal transaction?
tigry1 [53]

Answer:

C) II and III

  • Act as a dealer
  • Charge a mark-up or a mark-down

Explanation:

Dealers can purchase and sell securities on their own accounts, this is called position trading. When they carry on this type of transactions, they charge markups instead of commissions.

Brokers  act like agents, and they can only arrange a transaction between clients and they charge a commission for their work.

6 0
3 years ago
The income statements for Federer Sports Apparel for 2022 and 2021 are presented below.
klemol [59]

Answer and Explanation:

The Preparation of horizontal analysis for 2022 using 2021 as the base year is prepared with the help of a spreadsheet.

Horizontal analysis is a method for the analysis of financial statements that indicates fluctuations in the amount of the related products over a period of time. It is a valuable instrument for determining trend situations.

So, with the help of the spreadsheet, we will be able to find the net income by using the formulas.

4 0
3 years ago
An alternative form of the accounting equation is:A. Net Income = Revenues ‐ Expenses.B. Stockholders' Equity = Assets + Liabili
elixir [45]

Answer:

D. Assets ‐ Liabilities = Stockholders' Equity

Explanation:

D option is the same expression asthe accounting equation.

$$$Assets = Liabilities + Equity

The liabilities moves to the other side, therefore, their sign changes to negative:

$$$Assets - Liabilities = Equity

The other identities are not a correct derivate from the accounting equation (B) and (C)

And option (A) while it is a correct formula, it is the formula for Net income, which is not related to the basic accounting equation

8 0
3 years ago
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