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icang [17]
2 years ago
5

What is the main difference between a conceptual model and a physical model?

Business
1 answer:
vampirchik [111]2 years ago
3 0
<span>a conceptual model is using drawings or plan written on paper and physical model is 3d object showing how something works</span>
You might be interested in
After learning more about implied warranties and disclaimers, would you ever buy an item sold "as is"? Imagine a car salesman wh
atroni [7]

Answer:

one should go to buy a car for $8000

Explanation:

given data

car = $8,000

price down = $6,500

solution

As here Implied Warranty is the sale contract environment oral or written that provides some assurance that the products sold are suitable for trade and purpose. It arises from the operation of the law.

  • Disclaimer is a statement that order are used to prevent the creation of a warranty or contract.
  • After learning about the implied warranty and disclaimer, I was not going through the items sold.
  • For someone who does not offer special consumer protection, they should go to buy a car for $8000.
7 0
2 years ago
Carrie Tune will receive $31,000 for the next 11 years as a payment for a new song she has written. Use Appendix D for an approx
r-ruslan [8.4K]

Answer:

$184,068.70

Explanation:

Given that

Annual payments = $31,000

Discount rate = 12%

Time period = 11 years

The computation of the present value is shown below:

= Annual payments  × PVIFA factor for 11 years at 12%

= $31,000 × 5.9377

= $184,068.70

Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive

Refer to the PVIFA table

6 0
3 years ago
Jim's Widgets creates mechanical tools that are used in factories. Use the table and the drop-down menus to answer these questio
Vladimir79 [104]

Answer:

The profit when the company makes five widgets is $30

To maximize profit, the company should produce 6 widgets per day

The company's profit would decrease by $17 if the company made seven widgets

Explanation:

i took the quiz.

4 0
3 years ago
Susan drops by Dean's garage sale and buys a painting for $10 that both she and Dean think is a copy of a piece by Matisse, a we
zloy xaker [14]

Answer:

Dean probably will be able to get the painting back.

A mutual mistake was made since both parties involved, Dean and Susan, made an important factual error. They both were convinced that the painting was an ordinary copy and that it was worth very little money.

5 0
3 years ago
After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of direct
kondor19780726 [428]

Number of shares: 410,000

Share price: $47

IF THE COMPANY USES STRAIGHT VOTING:

STEP 1: If the company uses straight voting, then the number of shares it should own would be half of the shares plus one share, in order to guarantee that the enough votes are received to win the election.

Number of shares needed = (Number of shares available for voting ÷ 2) + 1

Number of shares needed = (410,000 ÷ 2) + 1

Number of shares needed = 205,001

STEP 2: Total cost will be the product of share price and number of shares needed.

Total Cost = Share Price × Number of shares needed

Total Cost = $ 47 × 205,001

Total Cost = $ 9,635,047

<u>It will cost $9,635,047 if the company uses straight voting.</u>

IF THE COMPANY USES CUMULATIVE VOTING :

STEP 1: If the company uses cumulative voting, you need 1/(N+1) percent of stock plus one share to get maximum number of votes to win the election.

Percent of stock needed = [1 ÷ (N + 1)] * 100

Percent of stock needed = [1 ÷ (3 + 1)]* 100

Percent of stock needed = (1 ÷ 4) * 100

Percent of stock needed = 25%

So the number of shares purchased = (410,000 × 25%)

Number of shares purchased = 102,500

Total Cost = Number of shares purchased × Share Price

Total Cost = 102,500 × $47

Total Cost = $4,817,500

It will cost $4,817,500 if the company uses cumulative voting.

6 0
3 years ago
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