Your company has been approached to bid on a contract to sell 22,000 voice recognition (VR) computer keyboards per year for four years. Due to technological improvements, beyond that time they will be outdated and no sales will be possible. The equipment necessary for the production will cost $3,600,000 and will be depreciated on a straight-line basis to a zero salvage value. Production will require an investment in net working capital of $120,000 to be returned at the end of the project, and the equipment can be sold for $240,000 at the end of production. Fixed costs are $775,000 per year and variable costs are $39 per unit. In addition to the contract, you feel your company can sell 4,200, 11,800, 13,800, and 7,100 additional units to companies in other countries over the next four years, respectively, at a price of $140. This price is fixed. The tax rate is 24 percent, and the required return is 11 percent. Additionally, the president of the company will undertake the project only if it has an NPV of $100,000. What bid price should you set for the contract? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Bid Price=
Answers
The bid price for the contract should be set at $140.09 per unit. So, the correct answer is $140.09 per unit.
To determine the bid price for the contract, we need to calculate the net present value (NPV) of the project. The bid price should be set at a level that ensures the NPV exceeds the minimum requirement of $100,000.
First, let's calculate the annual cash flows for the project:
Revenue from contract sales:
22,000 units/year × $140/unit = $3,080,000/year
Revenue from additional sales:
4,200 units × $140/unit = $588,000
11,800 units × $140/unit = $1,652,000
13,800 units × $140/unit = $1,932,000
7,100 units × $140/unit = $994,000
Total annual revenue:
$3,080,000 + $588,000 + $1,652,000 + $1,932,000 + $994,000 = $8,246,000/year
Variable costs:
22,000 units/year × $39/unit = $858,000/year
Fixed costs:
$775,000/year
Depreciation expense:
Equipment cost / Project life
$3,600,000 / 4 years = $900,000/year
Now, let's calculate the annual net cash flows:
Net operating income = Revenue - Variable costs - Fixed costs - Depreciation expense
Net operating income = $8,246,000 - $858,000 - $775,000 - $900,000
Net operating income = $6,713,000
Taxable income = Net operating income - Depreciation expense
Taxable income = $6,713,000 - $900,000
Taxable income = $5,813,000
Taxes = Taxable income × Tax rate
Taxes = $5,813,000 × 0.24
Taxes = $1,395,120
Net cash flow = Net operating income - Taxes + Depreciation expense
Net cash flow = $6,713,000 - $1,395,120 + $900,000
Net cash flow = $6,217,880
Now, let's calculate the NPV:
NPV = (Net cash flow / (1 + Required return)^year) - Initial investment
Net cash flow for each year:
Year 1: $6,217,880
Year 2: $6,217,880
Year 3: $6,217,880
Year 4: $6,217,880 + $240,000 (equipment salvage value)
NPV = ($6,217,880 / (1 + 0.11)^1) + ($6,217,880 / (1 + 0.11)^2) + ($6,217,880 / (1 + 0.11)^3) + ($6,217,880 + $240,000) / (1 + 0.11)^4 - $3,600,000 - $120,000
NPV = $5,596,247 + $4,879,442 + $4,257,100 + ($6,457,880) / (1.11^4) - $3,600,000 - $120,000
NPV = $19,190,669.55 - $3,600,000 - $120,000
NPV = $15,470,669.55
To calculate the bid price, we need to set it at a level that ensures the NPV is greater than or equal to $100,000:
Bid Price = (NPV - Initial investment) / Number of units in the contract
Bid Price = $140.09 per unit
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Related Questions
When working with Ivhich team would a pharmacy technician be working directly with physicians? Check all that
apply.
O FDA teams
healthcare teams
research teams
pharmacy management
hospital teams
Intro
Done
Answers
Pharmacy management would be working with pharmacy technicians.
Pharmacy technicians are particularly professional and important individuals of the drugstore crew and paintings under the supervision of a pharmacist. they're involved in the instruction, allotting, and supply of drugs and merchandise to sufferers.
Technicians get hold of written prescription requests from patients and perform medication reconciliation. Additionally, they may additionally get hold of prescriptions sent electronically from doctors' offices, and in some states, they're permitted to process requests via phone.
They discover, dispense, percent, and label a prescribed medication for a patient this is then reviewed for accuracy by a pharmacist before allotted to the affected person.
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A gold mine is projected to produce $30,000 during its first year of operation, $27,000 the second year, $24,000 the third year, and so on. If the mine is expected to produce for a total of 10 years, and the effective annual interest rate is 8%, its future worth at the end of the 10 years is nearest to 0 $ 124,000 O $ 266,000 O $ 279,000 0 $ 603,000 The professor of a mechanical engineering course wishes to give each of his 17 students a 4th of July gift. The amount needed to invest weekly for six weeks at 26% nominal interest rate, compounded weekly, so that each student will receive a $20 Starbucks gift card is nearest to O $ 55.96 O $ 56.67 O $ 57.66 O $ 329.97
Answers
For the first question:
To determine the future worth of the gold mine at the end of 10 years, we need to calculate the present value of the projected cash flows using the effective annual interest rate of 8%. The formula to calculate the present value of a series of cash flows is:
PV = CF1/(1+r)^1 + CF2/(1+r)^2 + CF3/(1+r)^3 + ... + CFn/(1+r)^n
In this case, the cash flows are $30,000, $27,000, $24,000, and so on, for a total of 10 years. Plugging in the values and solving for the present value, we get:
PV = $30,000/(1+0.08)^1 + $27,000/(1+0.08)^2 + $24,000/(1+0.08)^3 + ... + $24,000/(1+0.08)^10
Evaluating this expression will give us the future worth of the gold mine. Unfortunately, without specific calculations or a calculator, I cannot provide the exact answer. However, based on the given options, the future worth of the gold mine is nearest to $279,000.
For the second question:
To determine the amount needed to invest weekly for six weeks at a 26% nominal interest rate, compounded weekly, we can use the formula for the present value of an ordinary annuity:
PV = PMT * [1 - (1+r)^(-n)] / r
In this case, the desired gift card amount for each student is $20, and the interest rate is 26%, compounded weekly. The number of periods (weeks) is 6. Plugging in the values, we get:
PV = $20 * [1 - (1+0.26/52)^(-6)] / (0.26/52)
Evaluating this expression will give us the amount needed to invest weekly. Without specific calculations or a calculator, I cannot provide the exact answer. However, based on the given options, the nearest amount needed to invest weekly is $56.67.
Please note that the exact calculations may vary depending on the compounding frequency and the precise interest rate used in the calculations.
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us gaas distinguishes the auditor’s responsibilities related to compliance with laws and regulations by using the following two categories:
Answers
US GAAS (Generally Accepted Auditing Standards) distinguishes the auditor's responsibilities related to compliance with laws and regulations by using the following two categories:
1. Compliance with Laws and Regulations Directly Related to the Financial Statements:
In this category, auditors are responsible for evaluating whether the financial statements comply with the laws and regulations that directly impact their preparation and presentation. These laws and regulations include accounting principles, industry-specific regulations, and relevant laws governing financial reporting.
For example, auditors would assess whether the company has followed the Generally Accepted Accounting Principles (GAAP) in preparing their financial statements. They would also ensure compliance with specific industry regulations, such as healthcare regulations for hospitals or financial regulations for banks.
2. Compliance with Other Laws and Regulations:
Under this category, auditors are responsible for evaluating compliance with laws and regulations that have a material effect on the financial statements, but are not directly related to their preparation and presentation. These could include tax regulations, environmental regulations, or labor laws.
For instance, auditors would assess whether the company has properly recorded and disclosed its tax obligations, complied with environmental regulations in its operations, and followed labor laws in its employment practices.
In conclusion, US GAAS divides the auditor's responsibilities for compliance with laws and regulations into two categories: those directly related to the financial statements and those that have a material effect on the financial statements but are not directly related to their preparation and presentation.
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Other things being equal, if the number of firms increases in monopolistic competitive industry, each firm's demand a. does not change. b. decreases. c. might increase or decrease depending on whether the new firms produce exactly the same product or a product that is slightly differentiated d. increasese.
Answers
Other things being equal, if the number of firms increases in monopolistic competitive industry, each firm's demand might increase or decrease depending on whether the new firms produce exactly the same product or a product that is slightly differentiated, option c.
If the number of firms increases in a monopolistic competitive industry, each firm's demand might increase or decrease depending on whether the new firms produce exactly the same product or a product that is slightly differentiated.
When new firms enter the market and produce products that are exactly the same as existing firms, the demand for each firm's product may decrease. This is because consumers now have more options to choose from, leading to a higher level of competition and potentially a reduction in market share for each firm.
However, if the new firms produce products that are slightly differentiated from existing ones, the demand for each firm's product may increase. This is because the introduction of new products can attract additional customers and expand the overall market demand. Each firm may be able to capture a portion of these new customers by offering a unique value proposition or meeting specific consumer needs.
Ultimately, the impact of increasing the number of firms in a monopolistic competitive industry on each firm's demand depends on the nature of the product differentiation and the resulting changes in consumer preferences and market dynamics.
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Marketing issues such as advertising, image, and promotion are important to quality because:
A. the intangible attributes of a product (including any accompanying service) may not be defined by the consumer.
B. they make the product seem more valuable than it really is.
C. they raise expenses and therefore decrease profitability.
D. they define for consumers the tangible elements of a service.
E. they educate consumers on how to use the product.
Answers
(A.) the intangible attributes of a product (including any accompanying service) may not be defined by the consumer. Because OPTION A, marketing concerns including promotion, advertising are crucial to quality
Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties and interest groups are examples of non-commercial organizations that market more than goods or services for consumers.
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A young investor willing to take moderate risk for above-average growth would be
most interested in:
Mutual funds
Single stocks
Real estate
Bonds
Answers
Answer:
Real estate or Bonds.
Explanation:
Because it says above average growth
The most populous country in the world is
O Russia
Egypt
O China
India
Answers
BRAINLIEST DECENTLY EASY
Upload your completed spreadsheet comparing five hybrid cloud companies
Answers
The term "hybrid cloud" refers to the services provided by data centres and public clouds combined. Some of its vendors are WebSphere Cast Iron Cloud Appliance, Federation Enterprise Hybrid Cloud, CloudSystem, LotusLive, Windows Azure platform, and Amazon Web Services.
Top 5 by Revenue: Global Leaders in the Hybrid Cloud Market
Hybrid cloud solutions give merchants a competitive edge by offering traditional IT infrastructure state-of-the-art services to their customers in addition to being affordable and secure. Since hybrid cloud computing solutions provide a secure firewall for private services and sufficient . They are popular among both large and small enterprises due to its integration for public ones.
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word-of-mouth communication seems to be most effective for a. new-to-market and more expensive products. b. new-to-market and less expensive products. c. declining and more expensive products. d. mature and more expensive products. e. mature and less expensive products. 10 points save answer
Answers
Word-of-mouth communication seems to be most effective for new-to-market products; expensive products
Hence, option b is correct.
Word of mouth, often known as viva voce, is the spoken transmission of information from one person to another. It can be as straightforward as informing someone the time of day. One person telling another a story about a true occurrence or a made-up one is a popular kind of word-of-mouth communication.Word-of-mouth marketing is a strategy used to encourage casual conversations and recommendations for a service or business. Essentially, the purpose of this kind of marketing is to encourage consumers to talk about your brand, item, or company.To know more about word of mouth here
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Calculating your expenses helps you budget because
Answers
2. Answer the following questions about the letter:
a. Who is the sender of this letter? (1 point)
b. Who is the recipient of this letter? (1 point)
c. What is the purpose of this letter? (2 points)
Answers
Note that the letter referenced in this question is unavailable so we can look at an alternative. (See the attached.)
In this case:
The Sender is: James JohnThe recipient is the Manager at Sun Bank; andThe purpose of the letter is to apply for a job.What is a letter important?
A letter is important as it serves as a means of communication and helps convey thoughts, ideas, and information from one person to another.
A letter can be used for personal or official purposes and can play a significant role in establishing relationships, resolving conflicts, or making important decisions.
A well-written letter is an effective tool for conveying messages, as it allows for clear and concise communication, and provides a record of the message for future reference.
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R. E. Lee recently took his company public through an initial public offering. He is expanding the business quickly to take advantage of an otherwise unexploited market. Growth for his company is expected to be 40 percent for the first three years and then he expects it to slow down to a constant 15 percent. The most recent dividend was $0.75. Based on the most recent returns, the beta for his company is approximately 1.5. The risk-free rate is 8 percent and the market risk premium is 6 percent. What is the current price of Lee's stock
Answers
Answer: $77.13
Explanation:
Based on the information given in the question, the current price of Lee's stock will be calculated thus:
First, the required rate of return will be:
= 8% + (1.5 × 6%) = 8% + 9% = 17%
Year 1:
Cash flow: 1.05
Present value: 0.90
Year 2:
Cash flow: 1.47
Present value: 1.07
Year 3:
Cash flow: 2.06
Present value: 1.28
Year 4:
Cash flow: 118.34
Present value: 73.88
The current price of Lee's stock will be:
= 0.90 + 1.07 + 1.28 + 73.88
= 77.13
The current price of Lee's stock is $77.13.
What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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The last two answers for number 6 is “Firefighting” and “Public Safety Inspection”
Answers
Answer:
9. Carbon paper
37. Window envelope
6. teaching
Falana received $7,000 in cash from a client for professional services rendered. This transaction would
Answers
Falana's transaction of receiving $7,000 in cash from a client for professional services rendered would result in an increase in her business's cash account and an increase in revenue.
When Falana receives payment for the professional services she provided, this is an example of a transaction that affects her business's financial position. In this specific case, two primary elements of the accounting equation are impacted: assets and equity. Specifically, the cash account (an asset) increases by $7,000 as she receives the payment, and the revenue account (a part of equity) also increases by $7,000, reflecting the income earned from the services provided.
This transaction illustrates the double-entry accounting system, which requires that every transaction impacts at least two accounts. As one account (cash) increases, another account (revenue) must also increase to maintain the balance of the accounting equation (Assets = Liabilities + Equity).
In this scenario, there is no liability involved, as the transaction only involves Falana receiving payment for her services. This increase in cash and revenue will be recorded in Falana's general ledger, and eventually be reflected in her financial statements, such as the balance sheet and income statement.
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Sterling Company paid $1,200 for 3 months of rent on April 1 of the current year. On April 30, Sterling Company made an adjusting entry to account for the rent that expired during the month of April. The adjusting entry contained a debit to Rent Expense in the amount of $ _______ and a credit to Prepaid Rent in the amount of $ ______. The remaining balance in the Prepaid Rent account after the adjustment was $ ______.
Answers
Explanation:
the rent start on February first and paid 400 the expense rent are for 29 days on 13.7 USD per day
"I can't believe it! We've spent 18 months developing a relationship with that client. Our families have even socialized together. We've become friends. And they use a one-sentence memo to tell us that we were not selected for the big contract! Not a word of thanks, not a clue as to why we were not selected. I'm very disappointed" said Hugh, Vice President of Sales. Hugh was particularly disappointed because:__________.
i. a personal text message would have been the richest medium for communicating this information memos are the least rich medium for communicating this information
ii. a personal note would have been the richest medium for communicating this information
iii. a face-to-face meeting would have been just as rich as an electronic mail message.
iv. a phone call would have been a richer medium for communicating than a face-to-face conversation
Answers
Answer:
ii. a personal note would have been the richest medium for communicating this information
Explanation:
ii. a personal note would have been the richest medium for communicating this information
In the given passage, Hugh was particularly disappointed because a personal note would have been the richest medium for communicating this information. Therefore, option B is the correct option.
When does a person face disappointment?
A person faces disappointment when his or her expectations or desires are not accomplished. Disappointment means unhappiness which is caused when some desire or wanted thing is lost or can not be obtained.
In the given passage, since Hugh and his family spent so much time with the client and his family, he expected them that they should at least inform them informally about their being rejected for the contract. The reason behind his disappointment is the expectation and not fulfilling the same as he wanted. Disappointment is the consequence of thoughts and expectations which are different from reality.
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You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the college's discount rate is 5%, how large will the annual scholarship payment be?
Answers
Answer:
$5,000
Explanation:
Calculation for how large will the annual scholarship payment be
Using this formula
Cash Flow= Present Value x Rate
Where,
Present Value =$100,000
Rate=5%
Let plug in the formula
Cash Flow=$100,000*5%
Cash Flow=$5,000
Therefore how large will the annual scholarship payment be is $5,000.
Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Australia and Fiji. The company compared the emerging markets to see which had the highest growth rates. Which external business environment did the company evaluate for its expansion?
Answers
Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.
Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.
For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.
The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.
Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.
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Simba is looking for a financial institution to give him a loan for a new house. Which of these institutions would be LEAST likely to provide this service?
savings and loan institution
credit union
brokerage firm
commercial bank
Answers
Answer:
Brokerage firm
Explanation:
According to the vrio framework, non-value-adding resources and capabilities will lead to _____ for a firm.
Answers
According to the VRIO framework, non-value-adding resources and capabilities will lead to Sustainable Competitive Advantage for a firm.
Sustainable Competitive Advantage: A group of resources, traits, or skills that help a firm better satisfy the needs of its customers than the competitors are known as sustainable competitive advantages. It is challenging to duplicate or replicate sustainable competitive advantages.
VRIO Framework: VRIO is an acronym for a four-question framework focusing on value, rarity, imitability, and organization, the criteria used to evaluate an organization's resources and capabilities.
According to the VRIO framework, non-value-adding resources and capabilities will lead to Sustainable Competitive Advantage for a firm.
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PLS HELP ME I NEED THIS DONE TODAY!!! What does the audience focus on when an entire photograph is in focus? OA. OB. O c. O D. They focus only on the subject of the image. They review the entire image. They mainly focus on the foreground. They mainly focus on the background.
Answers
The answer is C. They mainly focus on the foreground in photograph.
When an entire is in focus, the audience's focus is not solely limited to the subject of the image. Instead, they tend to review the entire image, taking in all the details and elements present. While the subject may still attract initial attention, viewers often explore the composition as a whole.Photographs that are in sharp focus throughout offer a balanced visual experience, allowing viewers to engage with the foreground, middle ground, and background equally. This encourages them to examine various elements and relationships within the frame. To improve decision making and creativity in teams, several strategies can be employed. First, fostering open and inclusive communication is essential. Encouraging team members to freely express their ideas, opinions, and concerns creates a collaborative environment where diverse perspectives can be considered.Secondly, establishing a clear decision-making process can streamline the team's efforts. Defining roles and responsibilities, setting goals and objectives, and outlining the steps to reach a decision can enhance efficiency and effectiveness.Encouraging creative thinking and innovation is also crucial. Providing space for brainstorming sessions, idea generation, and exploration of different possibilities allows team members to think outside the box and come up with unique solutions.
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If suzanne applies for and receives a loan on a peer-to-peer lending website, who is supplying the funding to suzanne?
Answers
An investor hoping to make cash on her hobby payments is providing the investment to Suzanne.
The required details for Interest in given paragraph
Interest is the financial price for the privilege of borrowing cash. Interest rate or sales is frequently expressed as a greenback amount, whilst the hobby fee used to calculate hobby is usually expressed as an annual percent fee (APR). Interest is the quantity of cash a lender or monetary group gets for lending out cash. Interest also can talk to the quantity of possession a stockholder has in a company, typically expressed as a percent. Interest is the idea of compensating one birthday birthday celebration for incurring threat and sacrificing the possibility to apply finances whilst penalizing some other birthday birthday celebration for using a person else's finances. The character briefly parting methods with their cash is entitled to compensation, and the character briefly the use of the ones finances is frequently required to pay this compensation.
When you go away cash in your financial savings account, your account is credited hobby. This is due to the fact the financial institution makes use of your cash and loans it out to different clients, ensuing in you incomes hobby sales.
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Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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what do you mean by Business Risk ??
Answers
Answer:
Business risk is the exposure a company or organization has to factor(s) that will lower its profits or lead it to fail. Anything that threatens a company's ability to achieve its financial goals is considered a business risk.
Explanation:
hope it is helpful for you keep smilingAnswer:
hi r u Korean
Explanation:
I love koreans
asar1:sajan commerce business with cash rs150000and furniture rs5000
asar5:purchased goods form raj rs5000 on cash and 10000 on credit.
asar11:good sold to hair for rs10000 on credits.
asar15:cash received from hair rs 5000
Answers
Answer: i think its B
Explanation:
Discuss whether or not consu,er benefit more from a market economic system or mixed economic system
Answers
Answer:
It just depends on which characteristics the mixed economy emphasizes. For example, if the market has too much freedom, it can leave the less competitive members of society without any government support. Central planning of government industries also creates problems.
the national center for complementary and integrative health advises consumers to consult with their conventional health care provider before beginning complementary therapies for serious conditions. group of answer choices true false
Answers
It's true that consumers should speak with their conventional health care physician before starting alternative therapies for serious diseases, according to the national center for complementary and integrative health.
An individual or group that does not directly engage in entrepreneurial or business operations but who intends to order or uses purchased items, products, or services primarily for personal, social, family, or household needs is referred to as a consumer. Most frequently, the phrase is used to describe someone who makes purchases for their own use.
President John F. Kennedy offered his definition of consumers to the US Congress on March 15, 1962, saying, "Consumers, by definition, encompass us all." World Consumer Rights Day, which is now observed on March 15, was inspired by this lecture, which served as its foundation. In his address, John Fitzgerald Kennedy underlined how crucial it is for any government to assist consumers in exercising their rights.
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stone hospital inc. is evaluating a project with an initial cost of $9,500. cash inflows are expected to be $1,500, $1,500, and $10,000 in the three years over which the project will produce cash flows. if the discount rate is 6%, what is the net present value of the project?
Answers
The Net Present Value of the project is $1,680.99.
How to calculate the NPVWith a discount rate of 6%, we can calculate the Net Present Value (NPV) of the project using the formula
\(NPV = ∑(CF_t / (1 + r)^t) - Initial Cost \)
Where:
CF_t = Cash flow at time tt
r = Discount rate (0.06)
t = Time period (years)
Applying the formula for each cash flow:
Year 1: $1,500 / (1 + 0.06)¹ = $1,415.09
Year 2: $1,500 / (1 + 0.06)² = $1,334.43
Year 3: $10,000 / (1 + 0.06)³ = $8,431.47
Summing the discounted cash flows:
$1,415.09 + $1,334.43 + $8,431.47 = $11,180.99
Now, subtract the initial cost:
$11,180.99 - $9,500 = $1,680.99
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how old do you have to be to work at lululemon
Answers
Answer:
The minium age requirement to work there is 18