True or false: Poorly written scope statements for new technology lead to errors in estimating times and costs.

Which of the following describe some of the trade-offs faced by a family deciding whether to buy a new car? Check all that apply

GaryK [48]

Answer:

The correct answer is letter "A" and "C": An increase in the family's car payment means the family will be unable to afford a vacation; A newer model offers better protection and functions but is more expensive than an older model.

Explanation:

Trade-offs are the result of comparing what must be acquired with what should be given up to satisfy most of a need. While selecting a new vehicle, a family must consider its capacity, size, and price. Besides, they will have to evaluate all the could be left behind for incurring such expenses like buying a new piece of furniture of use of most members of the family, remodeling part of the house or going on a family vacation.

3 0

3 years ago

Financial Statements of a Manufacturing Firm The following events took place for Sorensen Manufacturing Company during January,

Yakvenalex [24]

Answer:

Required a.

January income statement for Sorensen Manufacturing Company

Sales $1,200,000

Less Cost of Sales ($675,000)

Gross Profit $525,000

Less Expenses :

Selling expense ($215,000)

Administrative expense ($125,000)

Net Income / (Loss) $185,000

Required b.

Work In Process Inventory = $120,000

Finished Goods Inventory = $85,000

Explanation:

Manufacturing Cost Schedule (Determination of Work In Process Inventory)

Direct Materials $180,000

Indirect Materials ($250,000 - $180,000) $70,000

Direct Labor $450,000

Factory Overheads $180,000

Total Cost of Goods Manufactured $880,000

Less Transferred to finished goods ($760,000)

Closing Work In Process Inventory $120,000

Finished Goods T- Account (Determination of Finished Goods Inventory)

Debit :

Transferred from Work In Process $760,000

Totals $760,000

Credit:

Trading Account $675,000

Ending Finished Goods Inventory $85,000

Totals $760,000

7 0

4 years ago

A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell f

victus00 [196]

Answer:

Call payoff = Max [0, Stock price - Strike price]

Call payoff = Max[0,25-20]

Call payoff = 5

Put payoff = Max[0, strike price - stock price]

Put payoff = max[0,20-25]

Put payoff = 0

Strike price = K = 20

Stock price = S = 25

interest rate = 10% = 0.1

Time to expiry = T = 3 months = 3/12 = 0.25

Put call parity: C + K*Exp(-r*T) = P + S

C = P + S - K*Exp(-r*T)

Call = 3 + 25 - 20*exp(-0.1*0.25)

Call = 28 - 19.5062 =

Call = 8.4938 > 3

So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.

4 0

3 years ago

Match the terms to their definitions.

Irina-Kira [14]

The question requires matching the terms to their definitions.

Hiring is the process of employing (someone) for wages.

Recruitment is the process of finding new people to join an organization.

Job Description informs applicants about the responsibilities and required qualification.

Recruitment Plan is the process of integrating a new employee into an organization, maps out the strategy for attracting skilled employees and obtaining applications from a diverse workforce.

Offer is a proposal put forward by an employer to a prospective employee.

References serve the purpose of gathering information about a prospective employee from previous employers.

Types of Recruitment: internal (employees within the company) and external (people outside the company).

Compensation the money the employee will receive as a salary or wages.

Interview a face to face meeting between an employer and a job applicant.