Answer: Economic choices result in trade-offs.
Explanation:
The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.
For instance, in order to expand, you will need to take on more financial risk. In that same vein, in order to serve more people, you will have to divide time between two stalls and might end up closing a stall.
Trade-offs simply have to be made.
Answer:
The answer is $5767641.92
Explanation:
PV of an Annuity = C x [ (1 – (1+i)-n) / i ]
PV of an Annuity = $1,600,000 x [ (1 – (1+0.12)-5) /0.12 ] = $5767641.92
The present value of the prize is $5767641.92
The profit margin is the financial gain from a sale after the costs of providing the sold product have been deducted. Thus, the statement is true.
<h3>What is the profit margin?</h3>
Profit margin is the portion of sales that a company keeps after all costs are subtracted. It essentially displays the percentage of each dollar of sales that is kept as profit. A 15% profit margin, for instance, means that a company keeps $0.15 from every dollar of sales produced.
Comparing the firm's operations to those of a best-in-class company, maybe in a different industry, is another way to increase your profit margin. This comparison could point out several operational tweaks that could be done to raise profit margins.
Learn more about profit margin, here:
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Answer:
the adjusted cash balance per book is $25,390
Explanation:
The computation of the adjusted cash balance per book is shown below
= Cash balance per books + Notes receivable and interest collected by the bank - Bank charge for check printing - NSF check
= $21,600 + $4,440 - $70 - $580
= $25,390
Hence, the adjusted cash balance per book is $25,390
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Value stream mapping
Explanation:
Value stream map is a visual representation of the steps that were taken in a process from the start of the process till the moment it gets to the customer.
The technique is used in the identificstion of all of the value-adding as well as non-value-adding processes that materials are subjected to within a plant, from raw material coming into the plant through delivery to the customer.
