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exis [7]
2 years ago
11

The project manager building a swimming pool and clubhouse at a retirement community is reviewing the chronological sequence of

activities that must be completed on the project and the estimated time of completion of each activity. She is employing the
Business
1 answer:
solniwko [45]2 years ago
4 0

The technique that's employed by the project manager is PERT technique.

<h3>What is a project?</h3>

It should be noted that a project simply means a work that's carried out in order to achieve a desired goal.

In this case, since the manager is reviewing the chronological sequence of activities that must be completed on the project, he's using the PERT technique.

Learn more about project on:

brainly.com/question/25009327

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A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

In order to determine the principal reduction payment, the monthly interest will need to be calculated. The interest will then be deducted from the total monthly payment to compute the principal reduction payment:

Annual Interest           = $118,000 X 7/100

                                   = $8,260

Monthly interest         = $8,260/12

                                   = $688.33

Principal reduction    =  $831.63 - $688.33

                                   = $143.30

6 0
3 years ago
What is it meant by economies of scale?
joja [24]
Economies of scale refers to the cost advantage that emerges or become visible with higher or improved output of a product. There is an inverse relationship between the quantity proposed and per unit fixed costs therefore, if the product or good is produced in large or high quanity the per unit fixed cost goes down because it can already be shared with other large number of goods. There are two types of economics of sale, the internal and of course the external.
8 0
3 years ago
What does limited liability mean?
shutvik [7]

It basically means that, if you are a shareholder of a certain business, you are only a liability up to the extent where your shares hold you to

4 0
3 years ago
Which of the following is true regarding the trial balance? Select all that apply. The trial balance includes all of the account
Luda [366]

Complete Question:

Which of the following is true regarding the trial balance? Select all that apply.

a) The trial balance includes all of the accounts needed to create the balance sheet and the income statement.

b) The trial balance is much less detailed than the balance sheet and income statement.

c) The accounting principle of materiality says that the information on the trial balance can be combined and simplified into more general reporting items.

d) The accounting principle of money measurement says that the information on the trial balance can be combined and simplified into more general reporting items.

e) The trial balance shows only nominal accounts.

Answer:

a) The trial balance includes all of the accounts needed to create the balance sheet and the income statement.

Explanation:

Company XYZ's trial balance summarizes all the general ledger account balances with the assets and expenses on the debit side and the liabilities, equity, and income on the credit side.  It is extracted from the general ledger for all accounts that do not have equal debit and credit sides.  It is one of the ways to ensure that proper double entry system of bookkeeping has been followed.  That the two sides are in balance does not mean that the trial balance or the general ledger from which it is prepared is error-free.  It simply means that the two sides agree in total.  XYZ can prepare the trial balance at any time, not necessarily at the end of the period.

4 0
3 years ago
A firm is considering two location alternatives: A and B. Alternative A would have an annual fixed cost of $300,000 and variable
myrzilka [38]

Answer:

Check the explanation

Explanation:

Alternative A

Let the break even point be X, then

Total Revenue = Total Expense

60*X = (300000 + 25*X)

35*X = 300000

X = 8571.43 Units

Alternative B

Let the break even point be Y, then

60*Y = (250000 + 30*Y)

30*Y = 250000

Y = 8333.33 Units

7 0
3 years ago
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