Answer:
Income streams such as photography and merchandise will be useful for the business is described below in detail.
Explanation:
The practices of photography are broad and therefore the businesses are extensive. the actuality is that if you are to sustain as an expert photographer today, and if you are to have the sources to proceed with what you are really enthusiastic about, then that often includes being open to, and actively evolving, various income streams, not all of which you will be uniformly passionate about.
Payment History it helps you know what you could do better with your money.<span />
Answer:
Using an algorithm guarantees a solution to the problem (as long as the algorithm is followed correctly and nothing interferes with the problem solving process).
Explanation:
Algorithms are a step-by-step guide on how to solve specific problems, and they have the same outcome every time they are used as long as you follow them exactly.
The heuristic strategy uses the experience of our past to solve a problem (when you identify the problem and you have an idea of how to solve it), but can't guarantee a correct solution.
Trial and error are when you try different options, one by one until the problem is solved.
Subgoaling consists of making a separation of the problem in smaller steps that are easier to solve.
Answer:
(a) It will have multiple IRRs
(b) The MIRR calculated is 10.18% . Going by MIRR result , this project will only generate returns that is equal to cost of capital(10%) .If there are other avaible more viable projects, it should be rejected ( Please see attached computation).
Explanation:
(a) The multiple IRRs occurs when cash flows change sign and result in more than one value for the IRR.
Application of IRR to value an investment is only suitable when the project has normal cash flows, i.e a negative initial cash flow (i.e initial investment) followed by a series of positive cash flows.
In this scenario, we have negative cash flow of $6m in year 4 which occured after positive cash flow of $3.5m per year from year 1 to 3. This typically make IRR unreliable. To overcome this limitation , we can use Modified Internal Rate of Return (MIRR)
(b) Please see attached for more details.
Answer:3cm radio for each circular end. 12.56cm height.
Explanation:
Those dimensions cost is 0.01261usd per can.
Lower radio or higher radio make can more expensive.