Professor Wendy Smith has been offered the following deal: A law firm would like to retain her for an up-front payment of $50,000. In return, for the next year the firm would have access to eight hours of her time every month. Smith's rate is $550 per hour and her opportunity cost of capital is 15% per year. What does the IRR rule advise regarding this opportunity? What about the NPV rule? Complete the steps below using cell references to given data or previous calculations. In some cases, a simple cell reference is all you need. To copy/paste a formula across a row or down a column, an absolute cell reference or a mixed cell reference may be preferred. If a specific Excel function is to be used, the directions will specify the use of that function. Do not type in numerical data into a cell or function. Instead, make a reference to the cell in which the data is found. Make your computations only in the blue cells highlighted below. In all cases, unless otherwise directed, use the earliest appearance of the data in your formulas, usually the Given Data section.
Answers
The NPV is $4,855.34, which is positive. So, based on the NPV rule, Professor Wendy Smith should accept the opportunity is the answer.
Internal Rate of Return (IRR) is the rate of return at which the NPV of an investment is zero. NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. If the NPV is positive, then the investment will produce a profit, but if it is negative, then the investment will result in a loss. The IRR rule advises that an investment is acceptable if the IRR is greater than the required rate of return. In this case, the opportunity cost of capital is 15% per year, which serves as the required rate of return. Therefore, if the IRR is greater than 15%, then Professor Wendy Smith should accept the opportunity. The NPV rule advises that an investment is acceptable if the NPV is positive.
The formula to calculate NPV is: NPV = -Initial Investment + Cash Flow1 / (1 + Discount Rate) ^ 1 + Cash Flow2 / (1 + Discount Rate) ^ 2 + ... + Cash Flown / (1 + Discount Rate) ^ n.
In this case, the initial investment is $50,000 and there are 8 hours of access per month for a year at a rate of $550 per hour.
The NPV calculation will be: NPV = -$50,000 + ($550 x 8 x 12) / (1 + 0.15) ^ 1 + ($550 x 8 x 12) / (1 + 0.15) ^ 2 + ... + ($550 x 8 x 12) / (1 + 0.15) ^ 12.
The NPV is $4,855.34, which is positive.
Therefore, based on the NPV rule, Professor Wendy Smith should accept the opportunity.
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Related Questions
response area is a mandatory document to be completed upon response area of an employee. this document informs employers how much they need to response area out of a paycheck for response area income tax.
True or false
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The response area is not a mandatory document to be completed upon employee response. It does not inform employers about the amount they need to response area out of a paycheck for response area income tax. The statement is false.
The response area is not a term commonly used in the context of employee response or income tax. It seems to be a miscommunication or a misunderstanding of the actual terminology used in payroll or tax processes. When it comes to income tax deductions from an employee's paycheck, the employer typically uses a W-4 form (in the United States) or an equivalent document to determine the appropriate amount of tax withholding.
The W-4 form is completed by the employee and provides important information to the employer, such as the employee's filing status, number of allowances, and any additional withholding amounts. Based on this information, the employer calculates the amount of income tax to be withheld from the employee's paycheck and remits it to the appropriate tax authority.
In summary, the response area is not a required document for employee response or income tax purposes. The accurate form used to determine income tax withholding is typically the W-4 or an equivalent document.
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Drag the tiles to the correct boxes to complete the pairs. Match the scenarios with terms related to financial aid.
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Answer:
Financial Need - Josie created an FSA ID and completed a long application form online. The form asked for a lot of financial details about Josie and her family.
FAFSA - Kunal recently learned that he is going to receive a student loan. Now he needs to attend a session which he will learn how the loan process works, as well as his responsibilities.
Entrance Counseling - Megan is planning to pursue an undergraduate degree in chemistry. But since her father lost his job five years ago, the family had been unable to save up enough for Megan's education.
If you are unhappy about the current transportation system, which of the following politicians will you vote for?
A. Politicians who advocates going to war abroad
B. Politicians who wants to improve roads and highways
C. Politicians who aim to improve the educational system
D. Politicians who suggest increasing the sales tax
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Answer:
It would be B because these politicians would improve the roads and the means of transportation
This answer is most associated with the topic of the transportation system. The improvement roads and highways would also improve on transportation.
The article that came to the conculsusion that the addition of information technology to a business did not provide any improvement in technology was titled
Answers
Answer:
The Productivity Paradox of Information Technology: Review and Assessment.
The margin of error in a confidence interval refers to:
a) measurement error.
b) nonresponse error.
c) sampling error.
d) All of the above
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The margin of error in a confidence interval refers to sampling error. The answer is c) sampling error.
The margin of error in a confidence interval represents the range within which the true population parameter is estimated to lie. It accounts for the sampling error, which is the variability that occurs due to randomly selecting a sample from a population. Sampling error occurs because a sample is not a perfect representation of the entire population, and the results obtained from the sample may differ from the true population values.
The margin of error provides a measure of uncertainty and reflects the potential discrepancy between the sample estimate and the true population parameter. Therefore, the correct answer is c) sampling error.
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To examine
the weekly payroll of all employees, one would look at the:
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To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Data that are generalizable cannot be accurately projected to the target population. (True or False)
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The statement "Data that are generalizable cannot be accurately projected to the target population" is false because data that are generalizable can accurately be projected to the target population
Generalizability is the extent to which research findings and conclusions can be applied to a broader population beyond the sample that was studied. When data are generalizable, they can be accurately projected to the target population, meaning that the findings can be used to make inferences about the entire population, not just the sample that was studied.
However, it is important to note that the level of generalizability depends on the sampling method used and the representativeness of the sample.
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currently microland produces fewer cars and trucks than it can efficiently produce. we can illustrate the situation by drawing a point where microland is its production possibilities frontier for cars and trucks
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Microland is operating below its production possibilities frontier for cars and trucks, indicating that it is producing fewer vehicles than it is capable of producing efficiently.
Microland's production possibilities frontier represents the maximum output of cars and trucks that the company can produce given its available resources and technology. When operating below this frontier, it means that Microland is not utilizing its resources efficiently and is producing below its potential.
There could be several reasons for Microland's underutilization of production capacity. It could be due to factors such as inefficient production processes, inadequate workforce, limited access to raw materials, or low demand for cars and trucks in the market. It may also indicate that Microland is facing constraints in terms of capital investment or technological advancements that hinder its ability to produce at its full potential.
To rectify the situation and move towards the production possibilities frontier, Microland can focus on improving its operational efficiency, optimizing its production processes, investing in research and development, and exploring opportunities to increase market demand for its vehicles. By identifying and addressing the underlying factors causing underproduction, Microland can enhance its productivity and move closer to its production possibilities frontier.
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i dont know which category this falls under
Answers
Answer:
C
Explanation:
which statement best describes push marketing? developing methods to bring the market for a product to a company utilizing social media to improve the company image devising ways to place a product in front of consumers attracting consumers who want answers the company can provide
Answers
Push marketing focuses on taking the product to the client and putting the product in front of the client at the point of purchase.
what is push marketing?This type of marketing strategy hopes to minimize the quantum of time between a client discovering a product and buying that product. To negotiate this, companies use aggressive and wide- reaching advertisements to make the biggest and most immediate impact they can on guests.
The topmost advantage of push marketing is that it produces quick results and makes clear statements to guests. It's less concerned with branding, and more concerned with creating an instant demand for a new product.
The major disadvantage of push marketing is that it can be precious and only produce temporary goods. Since the thing isn't to produce long- term client connections, push marketing strategies have to constantly make new pitches about the value of products. It keeps the client at a distance, meaning they must constantly be reengaged.
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When advertisers consider running ads in American Life magazine, they have the option of buying geographic and demographic editions as well as the national edition. For instance, they can choose from editions targeted at professional and managers, homeowners, working women, and people aged 50 and older. In addition, they are offered editions for 8 geographical regions and for the top 20 metropolitan areas. American Life also offers multiple - page discounts for advertisers buying four or more consecutive pages in any one edition, as well as other volume discounts. Question: A media planner working for a high-end clothing retailer looks at its sales figures and discovers that a vast majority of its sales generated are from large cities. She decides to buy space in American Life editions that reach only the top 10 metropolitan markets. This media strategy is referred to as:
a. Geo-targeting
b. Flighting
c. Pulsing
d. Share of voice
e. Narrow casting
Answers
Explanation:
sorry but I didn't understand your question. I am extremely sorry
An Investor who brings _____ equity often will recelve a share of ownershlp in the company although she did not Invest capital, but effort Use this media to help you complete the question.
sweat
additional
bootstrapped
lingering
Answers
Answer:
additional equity I think
Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
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Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, the amount can she deduct for eligible medical and dental expenses is $2,260, Option C
What is gross income limitation?Generally, Your Adjusted Gross Income (AGI) will never be more than the total gross income reported on your tax return, and in certain instances, it may even be lower.
How do I compute my gross income?Performing the calculation is not too difficult if you are paid on a yearly basis. To reiterate, gross income is the entire amount you make before taking into account any deductions for taxes or other expenses.
This is the standard way in which annual pay is presented. Simply divide the entire amount of money (your pay) that you are paid during the year by the number of months in the year.
In conclusion, The portion of Schedule A, Itemized Deductions, that Melanie has completed so far is shown below. In light of the restriction imposed by the adjusted gross income, the maximum amount that she is permitted to deduct for her qualified medical and dental costs is $2,260.
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CQ
Melanie's partially completed Schedule A, Itemized Deductions, is shown below. Given the adjusted gross income limitation, what amount can she deduct for eligible medical and dental expenses?
$0
$1,603
$2,260
$2,583
Adjusted gross income limitation not found
Beatrice just got promoted to senior manager at her company. The CEO of the
company stresses the importance of bringing all of the departments together
to meet company goals. Which of these skills should Beatrice brush up on?
A. Human relations skills
B. Conceptual skills
C. Technical skills
D. Accounting skills
Answers
Answer:
B. Conceptual skills
Explanation:
Just took the test
What do the phrases "made man" and "making of a man" mean in the context of the story?
Answers
In the context of a story, the phrase "made man" typically refers to someone who has achieved success or reached a high social status, often through hard work or connections.
This person has earned respect, power, or influence within their community or organization.
On the other hand, "making of a man" is a process where a male character undergoes personal growth, development, and maturation.
This transformation could involve facing challenges, learning life lessons, and developing virtues such as courage, wisdom, or empathy.
Both phrases emphasize the importance of personal achievement and growth, with "made man" focusing on the end result and "making of a man" highlighting the journey toward self-improvement.
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paid Rs 1,00,000 to so Mrs Shakya as an advance to purchase office furniture.
It's journal voucher.....
Answers
Answer:
Dr. BE Mrs shakya, advance for furniture and fixtures
Cr. NRB
pls can someone buy me the upgrade i beg youuu :(
Answers
Answer:
no
Explanation:
I need help please n thanks
Answers
Answer:
The first foundation is called THE foundation You need to maintain a accurate balance so you can keep track
Explanation:
Discuss the role of the father in attachment theory
Answers
Explanation:
Both parents are considered attachment figures in attachment theory, and the child-father attachment is autonomous from the child-mother attachment. Whereas mothers are commonly involved in caregiving and providing emotional refuge, fathers are particularly involved in play and exploratory undertakings.
The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
Answers
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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The internal audit function reports to the CFO or ____ and the ____.
Answers
Reports from the internal audit function are given to the CFO or CEO as well as the Audit Committee of the Board of Directors.
What is the internal audit function?
Internal audit (IA) functions' main job is to promote operational sustainability and assist decision-makers in safeguarding organizational assets and reputations—tasks that have come under growing strain over the past year.
The CFO or CEO, as well as the Board of Directors' Audit Committee, receive reports from the internal audit division.
Determining conformity with policies and procedures is one of an audit department's main duties.
Evaluate the effectiveness of internal controls.
Internal auditing activities: assessing controls and offering guidance to managers at all levels. assessing dangers.
Operations analysis and information confirmation. cooperating with additional assurance suppliers.
The criterion, condition, cause, consequence, and corrective action are frequently listed in internal audit reports.
Therefore, reports from the internal audit function are given to the CFO or CEO as well as the Audit Committee of the Board of Directors.
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you have been instructed to destroy several old hard drives that contained confidential information, so you take them to a local company that specializes in this process. the it director wants confirmation that the drives were properly destroyed. what do you need to provide him with?
Answers
you need to provide him with a certificate of destruction.
In 1982, the German thrash metal group Destruction was founded. They are frequently referred to as one of the "Big Four" bands of German thrash metal, together with Kreator, Sodom, and Tankard. Destruction was a part of the second wave of thrash metal in the mid- to late 1980s, alongside American bands like Testament, Sacred Reich, Death Angel, and Dark Angel, and contributed to the creation of black metal by containing various aspects that would later make up the genre. The band had to self-produce its albums for the most of the 1990s because it was not signed to a record label, and they did so until they entered into an agreement with Nuclear Blast in the early 2000s.
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Which statement best describes stocks? They should be purchased when prices are high and sold when prices are low. They are an investment in a company’s progress and profits. They are a type of investment that includes raw materials and natural resources. They should be purchased only as long-term investments.
Answers
They are an investment in a company's progress and profits describes the best
Stocks give investors the chance to own a piece of a company and benefit from its expansion and success. Investors can become shareholders in a firm and gain from its success through dividends and capital growth by purchasing stocks. Stock prices can change depending on a number of variables, including market conditions, business performance, and investor attitude. Therefore, rather than concentrating exclusively on short-term price swings, the ideal strategy for investing in stocks may involve taking a company's development and earnings into account.
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How did more efficient way to make things, led to mass production, resulted in prices decreasing?
Answers
Anything consumers required or wanted could be produced in bigger quantities. Consumer products become more affordable as a result of mass production. In the end, economies of scale led to the most reasonable pricing of any product for the consumer without forcing the manufacturer to forgo revenues.
How Did Mass Production Affect the Price of Consumer Goods?Before mass production became a reality, most products were handcrafted specifically for each customer. Consumer goods may be produced for the biggest market feasible after mass production was invented and refined.
The motor and the horse-drawn carriage, which it replaced, serve as a suitable illustration. The horse-drawn carriage was never manufactured in bulk. Only when someone, some business, or some other entity ordered a carriage was it built. Then and only then would the carpenters who were skilled in making carriages start to build the machine.
Manufacturers were able to make things more quickly thanks to mass production, which also increased their distribution and made them more widely available, which led to an increase in sales.
In contrast to products created one at a time for a single customer, having a larger number of products accessible for general sale allowed producers to reduce costs.
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Someone Please help
Answers
Answer:
what am i supposed to do
Explanation:
which of the following is a source of outflow in the current staffing level?
Answers
The source of outflow in the current staffing level can be due to several factors. It could be because of resignations, retirements, terminations, or even the death of employees.
Resignations could occur due to personal reasons, better career opportunities, or dissatisfaction with the current job. Retirement could happen when an employee reaches retirement age or decides to retire early.
Termination could result from poor performance, misconduct, or violation of company policies. Death, unfortunately, is also a possible source of outflow.
In summary, the outflow of staff in the current staffing level can come from various reasons as mentioned above.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
Answers
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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A manufacturing plant produces two product lines: golf equipment and soccer equipment. An example of indirect cost for the soccer equipment line is the
Answers
An example of indirect cost for the soccer equipment line is the : Monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver
Indirect cost is a cost used by multiple activities which and cannot be directly assigned to any specific cost objects.
Indirect costs are expenses unrelated to producing a good or service hence not associated to specific product or project within a company.
Examples of indirect cost includes :
Accounting and legal expenses Administrative salariesTherefore, monthly lease payments for a specialized piece of equipment needed to manufacture the golf driver is an example of indirect cost.
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If supply is price inelastic, the value of the price elasticity of supply must be:
Answers
The value of the price elasticity of supply must be less than 1, If supply is price inelastic. In the other side, when the supply price elastic, the value of supply of the price elasticity of supply is greater than 1.
In the term of economic and microeconomic, Price elasticity generally can be defined as the responsiveness of the quantity demanded or supplied of a good to a change in its price. Price elasticity usually is computed as the percentage change in quantity supplied or also quantity demanded divided by the percentage change in price. There are several types of price elasticity, such as cross Elasticity of Demand (XED), Income Elasticity of Demand (YED), and also Price Elasticity of Supply (PES).
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If your manager were to give you a complex project that involved a lot of research and analysis to provide information to write a detailed and accurate report, how might you make it more manageable? What type of communication skills would that require?
Answers
In order to make a complex project more manageable, an individual should follow the tips for project management. Try to define the goals and prioritize what's urgent, then analyze the resource and gather the data. Business communication skills would be require for the business project.
What is the significance of business communication?Business communication refers to the process of sharing information between the people within the workplace or outside the company.
Business communication plays a very significant role in an organization as it helps to establish formal relations between employees and workers. It also helps the employee understanding the goals of a company.
Basically, the main purpose of the business communication is to improve organizational practices and reduce errors.
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