Petro Corporation has provided the following information concerning a capital budgeting project:
After-tax discount rate 11 %
Tax rate 30 %
Expected life of the project 4
Investment required in equipment $80,000
Salvage value of equipment $0
Working capital requirement $20,000
Annual sales $180,000
Annual cash operating expenses $40,000
The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.
Required:
Determine the net present value of the project.
Answers
Answer:
Net present value = 18,657.90
Explanation:
Find the given attachment
Related Questions
the level at which individual is viewed by Society is called
Answers
Answer:
The level at which an individual is viewed by society is called Social Status. ... It is the measure of worth or the position that the 'person holds in society'.
Explanation:
I hope this helps and pls mark me brainliest :)
Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?
Answers
If Martha was unaware of this warranty condition. What Martha should do to resolve her grievance is: c. approach the Federal Trade Commission.
What is Federal Trade Commission?Federal Trade Commission can be defined as the agent whose sole responsibility is to fight for consumer right in a situation where buyers of a product are not treated rightly by a seller or when a company defraud a potential customers.
The best thing is for her to approach the federal trade commission and explain what transpire between her and the seller in which this agency will investigate the matter and fight for her right since their duties is to protect buyers from sellers.
Therefore we can conclude that Martha should approach the Federal Trade Commission so as to make her complaints.
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The complete question is:
Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha to pay the repair expenses as the fault was with a part that was out of warranty. Martha was unaware of this warranty condition. What should Martha do to resolve her grievance?
A. pay for the repair
B. contact the Food and Drug Administration
C. approach the Federal Trade Commission
D. buy a new microwave
E. recycle the microwave responsibly
Answer
The answer is C, approach the Federal Trade Commission.
Explanation:
which financial statement provides the information regarding the source of financing?
Answers
The balance sheet refers to the financial statement providing information about the source of financing.
The balance sheet provides information regarding the source of financing for a company. It is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time. The balance sheet can help stakeholders understand where a company's financing is coming from, such as from debt (liabilities) or from equity (shareholder's investment).
The difference between assets and liabilities is equity and it can be further divided into retained earnings and common stock. By looking at the balance sheet, stakeholders can get an idea of a company's financial structure, such as how much debt versus equity it has and the proportion of long-term and short-term debt.
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5
Сл
Which phrase BEST describes the process of specialization?
OA.
identifying trends
OB.
segmenting tasks
O C. creating teams
OD. charting organizations
Reset
Next
Answers
Segmenting Tasks describes specialization the best
What is Specialization?
The method in which a production process is separated into phases, with each employee or company focusing on just one part of the production is known as specialization. When people and organizations specialize, they concentrate on the small number of productive tasks that they excel in.
Specialization is the degree to which activities or tasks in an organization are broken down and divided into individual jobs.
Through specialization, a worker can leverage their education and work history to speed up procedures and boost sales. High-quality work results from specialization.
What is Segmenting Tasks?
The process of segmenting a target market into groups of potential clients with similar requirements and behaviors involves dividing the market into segments.
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Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product E1 600 8.0 4,800 Product A7 300 4.0 1,200 Total direct labor-hours 6,000 The direct labor rate is $24.90 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product E1 $206.00 Product A7 $225.00 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product E1 Product A7 Total Labor-related DLHs $ 109,600 4,800 1,200 6,000 Machine setups setups 51,690 700 300 1,000 Order size MHs 808,470 2,800 3,500 6,300 $ 969,760 The total overhead applied to Product A7 under activity-based costing is closest to: (Round your intermediate calculations to 2 decimal places.)
Answers
The total overhead applied to Product A7 under activity-based costing is closest to $482,086.
The total overhead applied is calculated with the following data from the question: Activity Estimated Expected ActivityActivity Cost Pools Measures Overhead Product E1 Product A7 Total
Labor-related DLHs $ 109,600 4,800 1,200 6,000
Machine setups setups 51,690 700 300 1,000
Order size MHs 808,470 2,800 3,500 6,300
Total $ 969,760
Overhead Allocation using activity-based costing method:Total Costs Product E1 Product A7
Labor-related DLHs $ 109,600 $87,680 (80%) $21,920 (20%)
Machine setups setups 51,690 36,183 (70%) 15,507 (30%)
Order size MHs 808,470 363,811 (45%) 444,659 (55%)
Total $ 969,760
Total overhead allocated to products $487,674 $482,086
Thus, the calculation of the total overhead applied to Product A7 under the activity-based costing method is determined by the volume of activities that Product A7 consumed under each activity cost pool, as indicated by the percentages.
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25. When you have disequilibrium, there are two possible outcomes. Identify and describe both of them.
Answers
what is a country that wants to increase its gross domestic product trying to achieve?
Answers
Answer: it wants to increase the value of goods and services it produces.
Explanation:
just took test
Type your answer in the box.
For a population with u = 25 and = 5, we would expect 90% of all x's calculated from n = 35 to
fall between
and
(Round to two decimals.)
Do you know the answer?
D Read about this
I know it
Think so
Unsure
No idea
Answers
Answer:
Your answer is given below:
Explanation:
Businesses use organizational design to structure their
Group of answer choices
people, information, and technolog
information, technology, and competitors.
people, information, and competitors
technology, people, and competitors
Answers
Businesses structure their people, information, and technology using organizational design.
The sole proprietorship, partnership, corporation, and S corporation are the four most popular business structures. State law permits the use of the Limited Liability Company (LLC) as a corporate form. The choice of a firm structure takes into account legal and tax factors.
What is Businesses structure?
The different divisions that make up a typical corporate structure contribute to the overall mission and aims of the organization. Marketing, finance, operations management, human resources, and information technology are typical departments. Although there are many fewer departments inside independent enterprises, these five divisions reflect the key departments within a publicly traded company. Many companies include a CEO as well as a board of directors, which is typically made up of the directors of each department and may also include one or more non-executive directors. Additionally, there are CFOs, vice presidents, and company presidents. However, there is a wide variety of corporate structures, with businesses ranging from a single company to a conglomerate of multiple corporations. Functional, divisional, geographic, and matrix structures are the four primary types of corporate structures.To learn more about Businesses structure visit:https://brainly.com/question/10730450
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What is a recent trend relating to sustainability worldwide?
Answers
Answer:
reduction of energy consumption
Explanation:
Ayo has a day rate of N20 per week of 48hours plus a cost of living bonus of N20 per hour worked under the Halsey method of remuneration. He is given an Shours task to perform which he completed in hrs, he is allowed 30% of the time saved as bonus. What will be his gross wages under:
(i)
Rowan's plan; and
(ii)
Halsey plan
Answers
Ayo's gross wages under the two plans are as follows:
i) Rowan's plan = $270ii) Halsey plan = $252.What is Halsey's remuneration method?Halsey's remuneration method pays the worker at the time rate for hours worked plus the bonus at a specified percentage of the saved time.
One feature is that the worker is induced to save time for an increased bonus while the output quality may suffer.
What is Rowan's remuneration method?On the other hand, a worker is paid based on the hours worked, not saved hours, under Rowan's remuneration method.
The formula for computing the gross wages under Rowan's plan is:
Hours worked × Rate per hour + (Time taken / Time allowed × time saved × rate per hrs)
Day rate per week of 48 hours = $20
Cost of living bonus = $20 per hour worked
The total hours given to perform a task = 8 hours
The hours Ayo used to complete the task = 6 hours
Savings of time = 2 hours (8 - 6)
Allowance for time saved = 30%
Gross wages under:i) Rowan's plan = Hours worked × Rate per hour + (Time taken / Time allowed × time saved × rate per hr) + Cost of Living Bonus
= $270 [($20 x 6) + (6/8 x 2 x $20) + ($20 x 6)]
ii) Halsey plan = Hours worked × Rate per hour + (Time saved × rate per hr) + Cost of Living Bonus
= $252 [($20 x 6) + (30% of 2 x $20) + ($20 x 6)]
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Question Completion:He is given an 8 hours task to perform which he completed in 6 hrs, he is allowed 30% of the time saved as a bonus.
Inflation is noted as having a correlation with positive economic growth. People can receive a better education and do which of the following with a small level of inflation?
Answers
Answer:
increase their income
Explanation:
Ivan is upset because he feels that Yvette never listens to his ideas in meetings. In their last meeting he offered a suggestion, and Yvette responded by rolling her eyes and ignoring his comment. How should Ivan BEST approach Yvette and communicate with her to try to resolve this conflict?
Answers
A personal dialogue with Yvette asking why she never listens is the best first step to take. When the "why" is established, then using empathy and listening skills, Ivan can attempt to put himself in Yvette's shoes to hear the things he says from her perspective.
This will create understanding and help Ivan to be able to speak in the language that Yvette can understand, thus, resolving the conflict.
What is conflict?Conflict is defined as a fight and a collision of interests, opinions, or even values. A dispute will always exist in society, regardless of whether the source of the conflict is personal, racial, class, caste, political, or international.
Well-managed conflict results in improved engagement and creativity, whereas badly managed conflict results in increased stress and worry. Jobs that deal with people are more likely to cause conflict.
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Put the steps for demonstrating effective leadership in order.
Answers
The steps for demonstrating effective leadership in order are:
Challenge the process
Motivate a collective vision
Make it possible for other people to take action.
Set an example.
Boost your spirit.
The ability of a person, group, or organization to take the initiative is referred to as leadership, which is both a study area and a practical skill.
People behave best when they are fully focused on what they are doing. The enthusiasm of their followers can be stoked by leaders using their own experiences and interests. Even small successes need to be celebrated. They accept difficult assignments while respecting others' efforts.
Because it inspires, motivates, and sets an example for others to improve the world, leadership is essential. A vision, a plan of action, and a strong relationship with their subordinates are all characteristics of a leader. As a result, they help others collaborate to perform remarkable things.
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Which is NOT an example of an expense a) advertising b)insurance c)dividends d)depreciation
Answers
Answer:
c. dividends
Explanation:
not payable... so
Dividends are not an example of an expense.
What are dividends?
A dividend or dividends can be define as a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business which is called retained earnings.
The current year profit as well as the retained earnings of previous years are available for distribution and a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash which is usually a deposit into a bank account or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets.
The dividend received by a shareholder is income of the shareholder and may be subject to income tax. The tax treatment of this income varies considerably between jurisdictions.
The corporation does not receive a tax deduction for the dividends it pays.
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Introduction to Business class is to observe the use of groups in a large manufacturing business. The students notice that most groups are arranged by reporting relationships. Bill discovers a group of managers who have been placed together to study and recommend a course of action on a flextime schedule for employees. Jane finds that the executives of the company have formed a team consisting of themselves, some middle managers, and a few hourly employees to work on improving work processes and efficiency within the company. This group has been in existence for 5 years and is going strong. The group of managers that Bill discovers is an example of:
A) an informal interest group
B) a formal group
C) A fun group
D) a quality group.
Answers
The correct answer is B) a formal group.
The group of managers that Bill discovers is an example of a formal group.
During their visit to a large manufacturing business, Bill discovers a formal group. It is a group of managers who have been placed together to study and recommend a course of action on a flextime schedule for employees.
When we are referring to an organization, a formal group can be understood as a workgroup that is formed by design, depending on a hierarchical composition. The members of this group have specific tasks according to the work they perform in the company.
Usually, these groups are formed based on the experience of their members because they want to accomplish goals in a more effective way and to improve the decision-making process of difficult issues.
What is the link between managing ineffective performers and organizational productivity?
Answers
Ineffective performance is defined as an employee's inability to meet a specified level of performance and is usually ascribed to the working environment. The capacity of an organization to fulfill its goals while avoiding costs is referred to as organizational productivity.
What effect does organization have on productivity?According to studies, competent management may considerably enhance production, market value, and growth, as well as the capacity to resist bad events such as a recession.
Ineffective personnel have a significant negative impact on organizational productivity. To increase the performance of such personnel, certain managerial steps must be taken.
Managers should closely monitor, engage, encourage, and guide ineffective employees. Bosses should design motivational strategies and identify the root reason of an employee's incapacity to succeed. Employees are affected by a variety of circumstances, including coworkers, the environment, family disruptions, and salaries.
As a result, supervisors must recognize the issue and properly aid the employee. Criticism from superiors causes work-related stress, which leads to ineffectiveness; thus, empathic managers may resolve these differences and strengthen the working relationship.
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Answers
Answer:
Oh dear... Do you need help with something or is this just something random- lol
Explanation:
increasing the promotional budget for a product is not advisable in the short-term under which of the following circumstances?
Answers
Increasing the promotional budget for a product is not advisable in the short-term under C. Production capacity is maxed out (200% plant utilization) and the company is stocking out of the product .
What is the promotional budget?A promotional budget can be described as the money earmarked for the marketing, advertisement, or sales of a product or brand.
It should be noted that the amount to budget that can be used in making the promotion of a new or existing product will depend on business analytics, market research, and anticipated return on investment, however in the case above in the short-term under Production capacity is maxed out .
Therefore, option C is correct.
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missing options:
A. Demand in the segment is increasing B. Accessibility is less than 80% C. Production capacity is maxed out (200% plant utilization) and the company is stocking out of the product D. One or more competitor has increased price
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
Answers
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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How can we measure what we gain and lose when making choices?
A. production possibilities curve
B. production possibilities frontier
C. law of diminishing marginal unity
D. marginal unity
Turn In
Answers
Answer:a
Explanation:
A customer calls in to inquire about your product. They're curious if it's really the right product for their business and they ask if you offer any products that cater to small businesses. What would you do?
1. "I can definitely assist you with finding the best product your business needs. To start, why don’t you tell me about a bit about your business."
2. "We absolutely can help you out! Did you happen to review our website for the packages we offer or maybe you already have a package in mind?"
3. “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need."
Answers
Answer:
I would use suggestions 3 so that the customer has a better understanding of the products
There would be the suggestion as related to product “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need.” Thus, the option (c) is correct.
What is product?
The term “product” refers to the item or object can be sold. The product always tangible. The product are manufactured with the help of machines. The product is based on durable and non-durable product. The product is delivered with multiple channels are one level, two level and three level depend on product.
A costumer is call to injury about product features, price, and quality and different question asked. The costumer is very curious about on related to the product and business.
The product company helper to assist the costumer to go to her business website and search the product details and features than choose the product. Then ask any doubt its better understand to costumer.
Therefore, option (c) is correct.
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Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
Analogy
Statistical syllogism
Definition
Answers
In aesthetic reasoning, the form of argumentation that is not commonly used is Option B. Statistical syllogism.
Aesthetic reasoning focuses on the subjective and qualitative aspects of art, beauty, and expression. It involves analyzing and evaluating the aesthetic qualities and experiences associated with a particular artwork, object, or concept. In this context, arguments are often based on personal preferences, individual interpretations, and emotional responses rather than empirical data or statistical evidence.
A. Analogy is a form of argumentation commonly used in aesthetic reasoning. It involves comparing similarities between different objects, experiences, or concepts to support a particular aesthetic judgment or interpretation. By drawing parallels and making connections, analogy helps to explain and communicate aesthetic qualities, associations, or meanings.
C. Definition is another form of argumentation frequently used in aesthetic reasoning. It involves providing clear and precise explanations of key terms, concepts, or aesthetic categories to facilitate understanding and analysis. By defining terms such as beauty, harmony, or expression, individuals can establish a framework for discussing and evaluating aesthetic qualities.
However, statistical syllogism, which relies on statistical data and generalizations, is not commonly used in aesthetic reasoning. Aesthetic judgments are typically subjective and personal, based on individual experiences and perceptions. Statistics and generalizations may not adequately capture the nuances, complexities, and subjective nature of aesthetic experiences.
In summary, while analogy and definition are commonly used in aesthetic reasoning, the statistical syllogism is not typically employed due to the subjective nature of aesthetic judgments. Therefore, the correct option is B.
The question was incomplete, Find the full content below:
Which of the following forms of argumentation is not commonly used in aesthetic reasoning?
A. Analogy
B. Statistical syllogism
C. Definition
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Three years ago, Cornelius Matthews purchased 500 shares in the Vanguard Dividend Growth fund - a Morningstar five-star fund that invests in corporations that are currently paying dividends and is a fund that will provide a steady stream of dividend income. His rationale fort choosing this fund was that he wanted a fund that was conservative and highly rated. Each share in the fund cost $22. At the end of the three years, he received income dividends and capital gain distributions that total $3.62 a share for the three-year period. At the end of the three years, the shares in the fund were selling for $27.
How much did Mr. Matthews invest in this fund?
A$11,000
B$13,500
C$5.14
D$3.62
Answers
Mr. Matthews' investment in the Vanguard Dividend Growth fund was (A) $11,000
To determine how much Mr. Matthews invested in the Vanguard Dividend Growth fund, we need to calculate the cost of the initial investment of 500 shares at $22 per share:
500 shares x $22 per share = $11,000
Therefore, Mr. Matthews invested $11,000 in the fund.
We are also told that Mr. Matthews received income dividends and capital gain distributions that total $3.62 per share for the three-year period. To determine the total amount of dividends and distributions received, we can multiply $3.62 per share by 500 shares and by 3 years:
$3.62 per share x 500 shares x 3 years = $5,430
Therefore, Mr. Matthews received $5,430 in income dividends and capital gain distributions over the three-year period.
Finally, we are told that the shares in the fund were selling for $27 at the end of the three years. To determine the value of Mr. Matthews' investment at the end of the three years, we can multiply the current share price by the number of shares he owns:
500 shares x $27 per share = $13,500
Therefore, Mr. Matthews' investment in the Vanguard Dividend Growth fund was $11,000, and the value of his investment at the end of the three years was $13,500.
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
Answers
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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All of the following are differences that occur if a lease is classified as a capital lease instead of an operating lease except:A) a lower income early in the life of the lease.B) a decrease in the amount of total expenses.C) an increase in the amount of total assets.D) an increase in the amount of reported debt.
Answers
Option (b), The classification of a lease as a capital lease rather than an operating lease results in all of the following variances, with the exception of a reduction in the overall amount of expenses.
What criteria are used to decide if a lease is an operational or capital lease?For accounting purposes, the leased asset in a capital lease is shown on the balance sheet as though the lessee actually owned it. Because an operational lease does not grant the leased asset any rights like ownership, it is treated differently in accounting terms.
What separates an operational lease from a capital lease?Capital leases (now referred to as "financing") include a lease period that encompasses the bulk of the asset's useful life, just as financed purchases. In that the asset is used for a fixed amount of time with some usable life remaining, operational leases are comparable to rental agreements in this regard.
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Sales on account for the first two months of the current year are budgeted as follows:
Jan. $700,000
Feb. 750,000
All sales are made on terms of 2/10, n/30 (2% discount if paid in 10 days, full amount by 30 days); collections on accounts receivable are typically made as follows:
Collections within the month of sale:
Within discount period 60 %
After discount period 15
Collections within the month following sale:
Within discount period 15
After discount period 7
Returns, allowances, and uncollectible 3
Total 100 %
Compute the estimated cash collections on accounts receivable for the month of February.
Answers
Answer:
$705,400
Explanation:
Computation for the estimated cash collections on accounts receivable for the month of February.
January sales received in February:
Within discount period $102,900
[ (15%*$700,000) x 0.98]
After discount period $49,000
( 7%* $700,000)
February Sales received in February:
Within discount period $441,000
[(60% * $750,000) x 0.98]
After discount period $112,500
(15% of $750,000)
Estimated cash collections for February $705,400
($102,900+$49,000+$441,000+$112,500)
Therefore the estimated cash collections on accounts receivable for the month of February is $705,400
9. In cell B15, enter a formula that uses the IF function and tests whether the total sales for Q1 (cell B8) is greater than or equal to 1000000. If the condition is true, multiply the total sales for Q1 by 0.18 to calculate a commission of 18%. If the condition is false, multiply the total sales for Q1 by 0.10 to calculate a commission of 10%.
Answers
Based on the formula being an IF function that tests total sales for being greater than a certain figure, the formula is =IF(B8>=1000000,B8*0.18,B8*0.10).
Why is this the formula?If the amount in B8 is more than or equal to 100,000, the if function would be IF(B8>=1000000).
If the amount meets that criteria, then the IF function will multiply it by 18% and if the amount does not meet this criteria, the amount is multiplied by 10% after the third comma.
The complete formula would then be:
=IF(B8>=1000000,B8*0.18,B8*0.10)
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Type the correct answer in the box. Spell all words correcty.
George has to present the goals of information management to his team member. What is a goal of Information management?
The goal of Information management is to identify information requirements for various what levels
Answers
Answer and Explanation:
The information management refers to manage the information in effecetive and efficient manner. It could be in terms of storing, organizing, developing, using, distributing the information so that it became useful for the organization
Here, the goal of information management is to identify the requirement of the information for various management levels so that it can be used in appropriate manner.
Answer:
The answer is: management
You are a management consultant with McKenzie and Company. You specialize in helping companies accurately identify and acquire the appropriate production inputs for their operations. Based on your extensive experience, you know that most production inputs fall into one or more of the following categories: materials and labor resources or information resources. However, the degree to which of these resources will be the dominant input depends on the type of business. In order to streamline your future projects, you have decided to put together a list of business types and their dominant category of production inputs. For each of the business types listed below, indicate which of the two production input categories would be most dominant for that business type.
a. Gold mining company
b. An online news publisher
c. Commercial bank
d. Automobile manufacturer
e. Accounting and bookkeeping firm
f. Food processing company
Answers
Answer:
a. Gold mining company - Materials and Labor resources
Gold mining company would need miners and mining equipment to to get to the gold so would fall under Materials and labor resources.
b. An online news publisher - Information resources
News is information on the current affairs of the world so the input here would fall under Online news publisher.
c. Commercial bank - Information resources
Banks need to know who they are giving loans to and this involves a lot of risk assessment which is information so this falls under information resources.
d. Automobile manufacturer - Materials and Labor resources
In an automobile manufacturer, the inputs would be the people assembling the cars and the materials needed to build the cars so this is under Materials and Labor.
e. Accounting and bookkeeping firm - Information resources
Accounting firms compile information they are given to make coherent reports of financial activity in a period so the input is informational.
f. Food processing company - Materials and Labor
Food processing requires inputs of food materials for processing and will need labor to do so. They can therefore be classified under Materials and Labor.