Is the letter l in the word almond silent?

Consider an offer to supply 5 paintings per year to an art gallery in Rome for the next five years. The contract is exclusive, m

IceJOKER [234]

Answer:

I will accept the offer if the price per painting is $56,312.41 or higher.

Explanation:

We will calculate the present value of the other option which is, selling our painting as a freelancer.

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

C 315,000.00

time 5

rate 0.2

$315000 \times \frac{1-(1+0.2)^{-5} }{0.2} = PV\\$

PV $942,042.8241

Now, we subtract the signing bonus of 100,000

942,042.83 - 100,000 = 842,042.83

And solve for the annual proceeds from the painting we need to equalize the opportunity cost:

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

PV 842,042.83

time 5

rate 0.2

$842042.83 \div \frac{1-(1+0.2)^{-5} }{0.2} = C\\$

C $ 281,562.03

Now, we divide by the 5 painting per year:

$281,562.03 per year / 5 painting per year = $56,312.41

3 0

3 years ago

Calculating Standard Quantities for Actual Production Guillermo's Oil and Lube Company is a service company that offers oil chan

vova2212 [387]

Answer:

Number of quarts for 960 oil changes= 6,144 quarts

No of hours for 960 oil changes = 432 hours

Number of quarts for 950 oil changes=6,080 quarts

No of hours for 950 oil changes= 427.5 hours

Explanation:

Guillermo's Oil and Lube Company

1.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 960 oil changes= 6.4 quarts of oil *960= 6,144 quarts

2. Number of minutes for 1 oil change = 27 minutes

Number of minutes for 960 oil changes = 27 minutes*960= 25920 minutes

No of hours for 960 oil changes = 25920/60= 432 hours

3.Number of quarts for 1 oil change = 6.4 quarts of oil

Number of quarts for 950 oil changes= 6.4 quarts of oil *950= 6,080 quarts

Number of minutes for 1 oil change = 27 minutes

Number of minutes for 950 oil changes = 27 minutes*950= 25650 minutes

No of hours for 950 oil changes= 25650/60= 427.5 hours

5 0

3 years ago

Which of the following terms refers to a goal-oriented process that is directed toward ensuring that organizational processes ar

Feliz [49]

Answer:

Performance management

Explanation:

Performance management is a corporate management tool that aids managers to monitor and measure employees' work. Performance management's goal is to create an enabling environment where people can perform their to the best of their abilities to produce quality result.

Performance management is the activities and processes that focus mainly on areas to maintain and improve employee performance in line with an organisation's objectives.

8 0

4 years ago

Read 2 more answers

Decisions that are made based on the underlying circumstances of a particular matter can be best characterized by:

Drupady [299]

Answer:

Situational Ethics decision

Explanation:

Situational Ethics decision - it is referred to as a decision that is based on ethics value rather than decisions that are based on moral standards. These types of decisions are made for a particular context in the matter. These are situational.

it is different from moral relativism as situational ethics predict the right or wrong while moral relativism decision on right or wrong.

6 0

3 years ago

Interview any local business and request him/her to identify any business problem that they are experiencing. Apply the delphi t

Ber [7]

The Delphi technique (Delphi method) was developed by RAND in 1950. It's goal was to forecast the impact of technology on warfare. Now it is used as a method of group decision-making and forecasting with help from judgments of experts.
During the interview the local business said that one of his biggest challenges is to motivate his employees. Applying the Delphi method to this problem, would be to ask motivation experts to explain the problem in details and to find solution. First every of the experts will suggest individual solution of the problem. Next they all together will coordinate and combine their ideas and give one solution. The Delphi method is very powerful.

4 0

3 years ago