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dem82 [27]
3 years ago
9

EvenFlo Pipes forecasts a small increase in sales next year. To achieve this growth in sales, however, the firm must purchase an

amount of plant and equipment that is more than double the increase in sales. What is the most likely reason EvenFlo must purchase such a large amount of fixed assets
Business
1 answer:
TEA [102]3 years ago
3 0

Answer: a. The firm must purchase lumpy assets to achieve the increase in sales.

Explanation:

EvenFlo Pipes needs to sell more pipes in order to see an increase in sales. Assuming they are the producers, they will need to produce more pipes than they have been doing and this will need them to increase their production capacity.

To do so they would have to invest in fixed assets as these are what produce pipes. This is why the firm will have to purchase lumpy assets that will help them produce and sell more pipes.

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You have just arranged for a $1,500,000 mortgage to finance the purchase of a large tract of land. The mortgage has an APR of 5
solmaris [256]

Answer:

$130,085

Explanation:

Mortgage amount = P = $1,500,000

Annual percentage rate (APR) = r = 5% annually = 5%/ 12 = 0.4167%

Compounding Monthly

Period = n = 20 months

Compounded interest on 20th month = P (( 1 + r )^n ) - 1 )

Compounded interest on 20th month = $1,500,000 (( 1 + (0.004167) )^20 ) - 1)

Compounded interest on 20th month = $130,084.65 = $130,085

7 0
4 years ago
Kingston Manufacturing has 27,000 labor hours available for producing X and Y. Consider the following information: Product X Pro
Mars2501 [29]

Answer:

                                                        Product X              Product Y

Required labor time per unit                 2                           3

Maximum demand                             6,000                    8,000

Contribution margin p/ labor hour    $2.50                    $2.00

Contributiom margin per unit              $5                         $6

Labor hours available                                    27,000

Production                                         6,000                    5,000

Required labor hours                      12,000                   15,000

Total contribution margin             $30,000               $30,000

3 0
3 years ago
At what phase should security planning begin in a conceptual and proposed "from the start" international acquisition program?
sattari [20]

Answer:

Material Solution Analysis

Explanation:

This is a phase in which potential solutions are accessed and analyzed for an Initial Capabilities Document (ICD) and to meet the criteria for the next program of the MDA.

This planning stage of MSA is necessary to choose the best available technology that would meet the needs of a client.

Therefore, the phase that security planning begins in a conceptual and proposed "from the start" international acquisition program is Material Solution Analysis.

4 0
3 years ago
A _____ savings account pays interest and allows for a regular deposits and withdrawals
lisov135 [29]

Answer:

<em>Regular savings account </em>

Explanation:

<em>One requires to commit small amounts of income each month on a regular savings account.</em>

In exchange for providing your savings provider a fixed level of income every month, they normally pay you a higher rate of return than, for instance, if you invest a lump sum in a cash ISA or easy access account.

However, the best regular savings rates also exceed the prices on the longer fixed-rate offers offered.

This type of account has rigorous terms of service that may cause you to lose your competitive rate if you fail to adhere to them.

7 0
3 years ago
Marian is a working mother with two sons. On weekdays, Marian is hard pressed for time and squeezes just enough time to grab som
uysha [10]

Answer: Acquisitional Shopping

Explanation:

Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.

8 0
3 years ago
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