Answer:
Cost advantage or product differentiation
Explanation:
The two ways to create competitive advantage is by:
1. Cost advantage: when are firm's cost of production is lower that other competitors, they will be able to sell goods at lower prices and still make profit. Other firms in the industry with higher costs will not be able to compete with the low price, as bringing their own prices down will result in loss.
2. Product differentiation: is when the products offered by a company is different from others in the market in such a way that it attracts more customers.
Answer:
$18,295
Explanation:
This can be calculated using the following equation:
Reconciled book balance = Book balance – NSF check – Service fees + Error difference
Note that checks outstanding and deposits outstanding are not included in the equation they are not adjustment items to the book balance.
Therefore, we can substitute for the values of each item in the equation and have:
Reconciled book balance = $18,000 - $160 - $130 + ($650 – $65) = $18,295
Therefore, the amount of cash that should be reported in the company's balance sheet as of May 31 is $18,295.
Answer:
The payback period is more than 5 years
Explanation:
Net present value is the Net value of all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.
Year Cash flow PV factor Present Value
0 ($490,000) 1 ($490,000)
1 $40,000 0.909 $36,360
2 $10,000 0.826 $8,260
3 $120,000 0.751 $90,120
4 $90,000 0.683 $61,470
5 $180,000 0.621 <u> $111,780 </u>
Net Present Value ($182,010)
NPV of this Investment is negative so, it is not acceptable.
Payback period
Total Net cash inflow of the investment is $440,000 and Initial investment is $490,000. This investment will take more than 5 years to payback the initial investment.
It would more than likely mean she hadn't ordered new food in awhile, thus the food meant to be sold was rotting.
Answer:
38 degrees South of East
Explanation:
X = 85cos30 + 115cos45 = 154.93
Y = 85sin30 + 115sin45 = 123.82
Tan A = y/x
tan A = 123.82/154.93
tan A = 0.7992
tan A = 38.63 degrees South of East.
The Seattle airport rescue crew team should fly 38.63 degrees South of East to get directly to the field.