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2 years ago

1. What does it mean to set up an “automatic deposit” and why is this a good savings strategy?

Business

1 answer:

Andrews [41]2 years ago

3 0

Answer:

an automatic deposit will put a set amount of money away into savings without you having to do it that way you will not have to worry about it and won't be tempted to spend it instead of saving it. it's a good strategy because it eliminates that temptation and makes it so much easier to save without falling off track

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True or false? one of the most common reasons for stopping an exercise training program is injury.

Mama L [17]

Truth cause it may do to doing the activity wrong..or body ain’t conditioned right for it

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3 years ago

Read 2 more answers

What are the approaches for learning Economics effectively?

mixer [17]

the linear stages of growth model, theories and patterns of structural change, the international dependency revolution, and the neoclassical theories. The term economic development is a term that economists, politicians, and others have used frequently.

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3 years ago

Bain Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an inexpe

pochemuha

<u>Solution and Explanation:</u>

Revenue 5000 multiply 6.6 33000

Unit Level Variable Cost:

Material Cost 5000 multiply 2.7 -13500

Labor Cost 5000 multiply 1.2 -6000

Manufacturing Cost 5000 multiply 1.2 -6000

Shipping and Handling 5000 multiply 0.3 -1500

Sales Commission 0

Contribution Margin 6000

Should be accepted as it will increase profitability by $6000

Part b1&b2: Cost to Make Cost to Buy

Material Cost 40000*2.7 108000

Labor Cost 40000*1.2 48000

Manufacturing Cost 40000*1.2 48000

Prod Supervisor Salary 72000

Purchase Cost 40000*6.72 0 268800

Total Cost 276000 268800

Should purchase from outside as cost is lower than making it

Part b3:

Cost to Make Cost to Buy

Material Cost 60000 multiply 2.7 162000

Labor Cost 60000 multiply1.2 72000

Manufacturing Cost 60000*1.2 72000

Prod Supervisor Salary 72000 72000

Purchase Cost 60000*6.72 0 403200

Total Cost 378000 475200

Should make in house as cost is lower

Part c: It should not be eliminated.

Elimination will decrease profitability by $72000 which is being allocated company wide facility exp. Before Allocation, actual profit is (168000-24000-72000)=$72000

Loss is because of allocation of facility expenese, which will be allocated on other segment.

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3 years ago

The bookstore of a university would be considered:

Artyom0805 [142]

The answer would be C

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3 years ago

LO 3 Chad's Chocolates is considering the purchase of a new candy press. The machine under consideration costs $17,550 and would

devlian [24]

Answer:

B) $(1,813)

Explanation:

Initial investment = 17,550

Annual cashflows = 2,650

Terminal Cashflow = 500

You can solve for NPV using financial calculator with the following inputs;

CF0= -17,550

C01 = 2,650

F01 (Frequency) = 19

C02 = 2,650 + 500 = 3,150

I=16%

Net present value; NPV = -1,812.879 or -1,813 rounded off to the nearest whole number.

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3 years ago