A new computer system will require an initial outlay of $20,000, but it will increase the firm’s cash flows by $4,300 a year for each of the next 8 years.a. Calculate the NPV and decide if the system is worth installing if the required rate of return is 9%. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)b. Calculate the NPV and decide if the system is worth installing if the required rate of return is 14%. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Round your answers to 2 decimal places.)c. How high can the discount rate be before you would reject the project? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Answers
The NPV is $2,307.96, because the NPV is positive, the system is worth installing if the required rate of return is 9%.
a. To calculate NPV, we need to discount the cash flows at the required rate of return and subtract the initial outlay:
NPV = \(-20,000 + (\frac{4,300}{(1+0.09)^1}) + (\frac{4,300}{(1+0.09)^2} ) + ... + (\frac{4,300}{(1+0.09)^8})\)
NPV = \(-20,000 + 3,645.02 + 3,344.56 + ... + 1,735.32\)
NPV = \(2,307.96\)
Since the NPV is positive, the system is worth installing if the required rate of return is 9%.
b. Using the same formula but with a required rate of return of 14%:
NPV = -\(20,000 + (\frac{4,300}{(1+0.14)^1} ) + (\frac{4,300}{(1+0.14)^2} ) + ... + (\frac{4,300}{(1+0.14)^8} )\)
NPV = \(-20,000 + 3,771.93 + 3,168.26 + ... + 1,087.54\)
NPV = \(-872.01\)
Since the NPV is negative, the system is not worth installing if the required rate of return is 14%.
c. To find the highest discount rate where NPV is still positive, we can set NPV equal to zero and solve for the discount rate:
\(0 = -20,000 + (\frac{4,300 }{(1+r)^1}) + (\frac{4,300 }{(1+r)^2}) + ... + (\frac{4,300}{(1+r)^8})\)
Using a financial calculator or spreadsheet, we find that the highest discount rate where NPV is still positive is approximately 16.27%.
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Related Questions
Question 4 of 10
On the pie chart below, which "slice" represents 30% of the budget?
A. 2
B. 3
C. 4
D. 1
Answers
On the pie chart below, the "slice" represents 30% of the budget is 4. Thus the correct option is C.
What is the significance of Budget making?A budget creation helps an individual to create an estimate about how much funds required for purchasing and helps to control the expenses of an individual by cutting out additional expenses.
In this pie chart, the circle is divided into four slices with a certain percentage where half of the slice is covered by 3rd slice so assuming it is 50%. So the second most larger percent remaining is slice 4 which is considered 30%.
Therefore, option C is appropriate.
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Answer: its C. 2
Explanation:
The FHA was designed to pay off mortgage insurance for homes that were going into foreclosure.
True
False
Answers
Answer:
TRUE FHA meaning federal housing administration
Click this link to view o*net’s skills section for chefs. according to o*net, what are other common skills chefs need? check all that apply installation monitoring management of personnel resources critical thinking time management technology design
Answers
According to O*NET, other common skills chefs need include: Installation, Monitoring, Management of personnel resources, Critical thinking, Time management, Technology design, Operation monitoring, Equipment maintenance, communication.
Meaning: The O*NET programme is the main repository for occupational data in the country. The O*NET database, which contains data on hundreds of standardized and occupation-specific characteristics, is essential to the project. By polling a wide range of employees from each occupation, the database is continuously updated.
The most important soft skill for chefs and head cooks is to possess is time management, Excellent listeners, communicators who use proper language, and relationship builders.
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The following question may be like this:
Click this link to view o*net’s skills section for chefs. According to O*NET, what are common skills needed by Chefs and Head Cooks? check all that apply
Answer: monitoring
management of personnel resources
critical thinking
time management
Explanation: trust me
Which career is best suited for people who have a high school diploma?
- Administration and information support.
- Human resources.
- Business financial management and accounting.
- Business analysis.
Answers
Answer:
It should be Human resources because it is the least technical compared to the other three options.
How is international trade different from global trade?
Answers
international trade means a trade that done out side the country you living in even if you export things to your neighbor country it called international trade. for example usa to Mexico
but we use global trade to thing that done out side the continent for example Asia to Europe
Q1. In this question, each student is asked to conduct a market survey and provide the following analysis. Critical evaluation of any two products (product name, product specifications, manufacturers details, etc.) of electronic goods or automobile goods and justification of the brand product is the market leader in Oman and discuss what are the marketing strategies
It is required to make a good decision to be a market leader. (Using your analysis with ~400-500 words). Each student must visit the local markets, choose any product (electronic / car / any other consumer products) available in the Omani market, study the product in detail and provide correct information.
Answers
Marketing Strategies for Market Leader in OmanThe marketing strategies for the market leader in Oman depend on several aspects such as effective branding, strong positioning, and efficient customer service. In this essay, we will evaluate two products:
Samsung Galaxy S21 and Apple iPhone 12 and discuss their market positioning.Apple iPhone 12 is considered a market leader because of its brand recognition, innovative features, and premium quality. On the other hand, Samsung Galaxy S21 has emerged as a significant competitor because of its extensive features, affordability, and sleek design.
Critical evaluation of Samsung Galaxy S21:
Samsung Galaxy S21 is the latest smartphone from Samsung that is available in the Omani market.The phone boasts a 6.2-inch dynamic AMOLED display with a resolution of 1080x2400 pixels. The smartphone runs on an Exynos 2100 processor and has 8GB of RAM and 128GB of internal storage. The phone's camera features include a 12-megapixel primary camera, a 12-megapixel ultra-wide lens, and a 64-megapixel telephoto lens. The phone also has a 10-megapixel front camera.The product has many features that are a major selling point for the phone. The sleek design, the impressive camera quality, and the fast processor make it a popular choice among consumers. The product is more affordable than other smartphones in the same category, making it more accessible for people with a lower budget. However, the product has some shortcomings, including the lack of expandable storage and a headphone jack.Critical evaluation of Apple iPhone 12:
Apple iPhone 12 is the latest smartphone from Apple that is available in the Omani market. The phone boasts a 6.1-inch Super Retina XDR display with a resolution of 1170x2532 pixels.The smartphone runs on an A14 Bionic processor and has 4GB of RAM and 64GB of internal storage. The phone's camera features include a 12-megapixel primary camera and a 12-megapixel ultra-wide lens. The phone also has a 12-megapixel front camera.The product has many features that are a major selling point for the phone. The innovative features, such as the ceramic shield display, make it a popular choice among consumers. The product is known for its premium quality and sleek design.
However, the product has some shortcomings, including the lack of expandable storage and the high price.The marketing strategies for Apple and Samsung:
Apple and Samsung have different marketing strategies that have helped them become market leaders.Apple is known for its premium quality products and innovative features. The company has a strong brand image that is recognized globally. The company's marketing strategy focuses on highlighting the product's unique features and design, which makes it stand out from its competitors. The company invests heavily in advertising and promoting its products, which helps to create brand awareness.Samsung's marketing strategy focuses on offering a wide range of products at different price points. The company's products are known for their extensive features and affordability. The company invests heavily in research and development to improve its products continually. The company's marketing strategy is to create products that cater to different segments of the market. The company also invests heavily in advertising and promotions to create brand awareness among consumers. Samsung's strategy has helped the company become a significant competitor in the smartphone industry.In conclusion, both Apple and Samsung have different marketing strategies that have helped them become market leaders. While Apple's marketing strategy focuses on premium quality products and innovative features, Samsung's marketing strategy focuses on offering a wide range of products at different price points. The companies invest heavily in advertising and promoting their products to create brand awareness among consumers. Samsung Galaxy S21 and Apple iPhone 12 are both excellent products with their strengths and weaknesses.
About MarketMarket are the institutions, procedures, social relations and infrastructure where businesses sell goods, services and labor for people in exchange for money. Goods and services sold using legal means of payment such as fiat money. This activity is part of the economy. The market is also one of the 6M principles in entrepreneurship that must be considered. What is meant by the market is the target market or the target consumer itself from the business you are running.
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Which of the following is TRUE regarding unexpected expenses?
They usually don’t affect your budget.
They usually don't affect your ability to pay bills.
They should not be included in your budget.
They should be planned for.
Answers
Answer:
They should be planned for.
Explanation:
Unexpected expenses include emergencies and other unforeseen costs that a person incurs in day to day activities. These unexpected expenses must be paid for, which means resources must come from somewhere to effect the payments.
The best way to cater to unexpected expenses is to include them in the budget. Contingencies is the term used to describe funds kept aside to settle unexpected expenses. Without a contingency arrangement, unexpected expenses will affect the budget and a person's ability to pay normal bills.
Answer:
D. They should be planned for.
Explanation:
Information systems in general are helpful because they are used for making informed decisions using more accurate reports. However, there are social issues with such systems. Research and identify two issues that can affect a community.
Answer is:
I researched online and came across a few issues that can affect a community. Two of these are addressed below.
Elimination of Jobs: When a company uses computers for doing tasks, jobs get completed in lesser time. They are also more accurate and less prone to mistakes that humans make. Information can be processed and entered into multiple data tables simultaneously. Computers also generate reports and statements easily. Therefore, fewer people are needed to perform majority of the tasks and can lead to job elimination.
Security Concerns: As more data is available online, hackers can easily break into a system and access personal data. This information is likely to be misused. Therefore, systems should always be up-to-date security programs. A computer security expert should also be a part of the staff to prevent and eliminate any attacks on an organization's data.
Plato users.
Answers
Information systems have automated information management, making it quicker to process large amounts of information, but it can also create issues such as information security and IT competitiveness.
Information security is a problem arising from information systems that can configure fraudulent techniques to steal sensitive data from people and organizations and gain benefits, so it is essential to be prepared for the risks and support from specialized security companies.
The advancement of artificial intelligence can also correspond to a risk in the work environment, such as the competitiveness with IT of professionals who are not prepared to deal with digital innovations.
Therefore, it is necessary that organizations use IT to bring benefits in the speed of organizational processes, preparing themselves for risks and offering training and qualification to their employees to deal with digital systems.
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You are the project manager for the JHG Project. This project requires coordination with the directors of manufacturing, resources, the IT department, and the CIO. You will only be acquiring resources for the project as the resources are needed. The goal is to reduce waste, minimize inventory, and forecast resource utilization. What type of approach is this
Answers
The approach that is being followed in this project is a just-in-time (JIT) approach.
The just-in-time (JIT) approach is a manufacturing philosophy and approach to controlling inventory that emphasizes producing products as they are needed rather than producing products in advance of demand.
This approach is based on the notion that producing products only when they are needed reduces inventory costs while also ensuring that products are ready for delivery in a timely manner.
The Just-in-Time (JIT) approach, also known as lean manufacturing, emphasizes production efficiency by reducing inventory levels and avoiding overproduction.
This approach has a significant impact on the production process, such as reducing waste and minimizing inventory, and on resource utilization.
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what three assumptions turn the equation of exchange into the quantity theory of money?
Answers
The quantity theory of money is derived from the equation of exchange by making three key assumptions. These assumptions include a constant velocity of money, a stable level of output, and a long-run neutrality of money.
The equation of exchange is given by MV = PQ, where M represents the money supply, V denotes the velocity of money, P represents the price level, and Q represents the level of output. The quantity theory of money is built upon this equation by making three assumptions.
Firstly, the assumption of a constant velocity of money implies that the speed at which money circulates in the economy remains relatively stable over time. This assumption allows us to treat changes in the money supply as directly proportional to changes in the price level. In other words, if the money supply increases, and velocity remains constant, the price level should also increase proportionally.
Secondly, the quantity theory assumes a stable level of output (Q). This assumption implies that the economy operates at its full potential and the level of output is determined by real factors such as technology, labor, and capital.
Lastly, the assumption of long-run neutrality of money suggests that changes in the money supply have no lasting impact on real variables such as output and employment in the long run. According to this assumption, while changes in the money supply can influence the price level, they do not have a significant effect on real economic activity.
By combining these three assumptions, the quantity theory of money establishes a framework where changes in the money supply directly influence the price level, while leaving real variables unaffected in the long run.
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Referring to a recently published article (Koornneef, Robben & Blair, 2017) Between 2011 and 2015 healthcare spending in the UAE grew by 10% to US$ 11 billion, as a result of this fact, this stressing strategy mandates the government’s commitment to patient safety. While the published review serves as the basis of the scope of this query, other literature sources are recommended to be sought to answer the following questions: a. Describe in detail the health care system and population health in UAE b. Discuss the Abu Dhabi health reform system in terms of its planning efficiency and scope of focus. Is this reform program problem based or population oriented? c. Describe and evaluate the strategies that have been implemented as part of the health system reform program in UAE?
Answers
The Abu Dhabi health reform system, which is problem-based and population-oriented, plays a crucial role in improving planning efficiency and focusing on key healthcare areas.
The healthcare system in the UAE is characterized by substantial investment and growth in healthcare spending. The government's commitment to patient safety is evident through the significant increase in healthcare spending, which reached US$ 11 billion between 2011 and 2015.
The Abu Dhabi health reform system is known for its efficient planning and scope of focus. It is both problem-based and population-oriented, aiming to address healthcare challenges and improve the overall health of the population.
As part of the health system reform program in the UAE, various strategies have been implemented. These strategies may include enhancing healthcare infrastructure, expanding health insurance coverage, promoting preventive healthcare measures, strengthening primary care services, attracting skilled healthcare professionals, and implementing health information systems for better data management and analysis.
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discuss whether banks are justified in treating profitable and unprofitable customers differently.
Answers
Banks are justified in treating profitable and unprofitable customers differently because ultimately, their goal is to make a profit. Banks have a responsibility to their shareholders to maximize profits and minimize losses.
On the other hand, unprofitable customers are a drain on the bank's resources. These customers may have lower credit scores, higher delinquency rates, or lower account balances, which means that they are less likely to generate revenue for the bank. Banks may choose to limit their exposure to these customers by offering them less favorable terms or even denying them services altogether.
Of course, this doesn't mean that banks can or should treat unprofitable customers unfairly. Banks have a duty to treat all customers fairly and comply with regulations that protect consumers from discrimination. But from a business standpoint, it is understandable why banks would focus on their profitable customers and seek to minimize their losses from unprofitable ones.
Banks are justified in treating profitable and unprofitable customers differently because their primary goal is to generate profit and maintain financial stability. By focusing on profitable customers, banks can allocate resources more efficiently, ensuring that they meet their financial objectives. Additionally, this practice allows banks to provide better services and benefits to those who contribute more to their bottom line. However, it is important for banks to strike a balance and still offer basic services to unprofitable customers, to avoid negative social consequences and maintain a positive public image.
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Export subsidies levied by foreign governments on products in which the United States has a comparative disadvantage
a. lower the welfare of all Americans.
b. lead to increases in U.S. consumer surplus.
c. encourage U.S. production of competing goods.
d. encourage U.S. workers to demand higher wages.
Answers
lower the welfare of all Americans in which the United States has a comparative disadvantage. If a foreign government imposes an export subsidy, the price of that commodity in the USA will decrease.
Due to the comparative disadvantage the United States faces in producing this good, the economy will gain from its low-cost importation. In the exporter market, an export subsidy reduces consumer excess and increases producer surplus. A commodity surplus is increased in the export market and decreased in the import country market as a result of an export subsidy. Export subsidies boost the exporter's market share at the expense of others, tend to lower market prices, and may even make prices more unstable because decisions about the amount of export subsidies can be made at any time.
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a) From the following list, decide which items are human needs and which wants:
luxury house
Shelter
Coca-Cola
car
clean water
designer jeans
clothing.
Answers
Answer:
needs: shelter, clean water, clothing
wants: luxury house, coca cola, designer jeans
Explanation:
while the rest are pretty straightforward a car is only a want because you don't necessarily need it, there are public transport
Needs:
Shelter
Clean Water
Clothing
Wants:
Luxury House
Coca-Cola
Car
Designer Jean
so if a person had nothing but a painting worth $1 billion dollars, does that make them a billionaire?
Answers
If someone has a net worth of a billion dollars, all it means is that they possess assets whose value sum to $1 billion, assuming they were to sell all their assets at current market value without any loss of liquidity, he will be considered a billionaire.
What does net worth mean?Assets plus liabilities equal net worth. It is possible for net worth to be positive or negative. One has a negative net worth, for instance, if their debts exceed their total assets. One method of assessing financial health is by calculating net worth.
Total assets minus total liabilities equals net worth. For people, households, businesses, industries, and public entities like cities or nations, net worth can be calculated. A person's net worth gives them a general idea of their financial situation and can be used to gauge their long-term progress toward financial objectives. Shareholder equity is another name for a business's net worth.
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1st to answer gets Brainliest
Which federal legislation protects consumers from harassment by
debt collectors
A.The Credit Card Accountability Responsibility and Disclosure Act
B.The Fair Credit Reporting Act
C.The Fair Debt Collection Practices Act
D.The Truth in Lending Act
Answers
Answer:
The Fair Debt Collection Practices Act
Explanation:
The FDCPA prohibits debt collection companies to use abusive, unfair, or deceptive ways to collect debts.
The federal legislation protects consumers from harassment by
debt collectors is The fair debt collection practices act Option(c) is correct.
What is Fair debt collection practice act?The Fair debt collection practice act means a state policy for eliminating the abusive debt for collection and to protest consumers against debt collection.
The Fair debt collection practice debt is known to be that federal legislation which basically protects the consumers from any type of the harassment.
Therefore Option(c) is correct.
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An article in a newspaper explains that a new business is about to open.
Answers
Answer:
So what's the question......??????
The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called:
Answers
The economic system based on the premise that some, if not most, basic industries should be owned by the government so that profits can be more evenly distributed among the people is called Socialism.
A socialist economy is that system of production where production of goods and services is done for using it directly, however in a capitalist economic system, goods and services are produced generally to generate profit means they are produced for indirect use.
"Production which is done under socialism would always be directly and solely for use. With the use of natural and technical resources of the world which are controlled democratically, the sole objective of the production is to meet human needs only."
Goods and services would be produced only for their usefulness, or for their usage-value. It eliminates the need for market-induced needs of profits.
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A. Preparing a cash flow forecast helps a company to avoid __________.
net losses
liquidity
opportunity costs
higher financing costs
B. Why are ethical issues complicated for businesses that operate in the global economy?
Because their employees won't know what the laws are in other countries.
Because they tend to have more employees.
Because different cultures have different norms and values.
Because they don't have as much moral character as small, local businesses.
C. The pro forma balance sheet shows how the __________ resulting from a strategic plan will be financed.
AFN
equity
inventory
sales forecast
Answers
A. Preparing a cash flow forecast helps the company to avoid net losses.
What does a cash flow forecast serve?Forecasts of a company's future cash position are known as cash flow forecasts. A cash flow forecast typically presents the anticipated cash inflows and expenditures for a specific future period, providing a forecast of the company's anticipated net cash flow for that time period. The statement of cash flows is one of the most important financial reports to understand because it provides in-depth information about how a company makes and uses money. Regardless of your position, you can make better, more informed decisions by knowing how to prepare and analyze cash flow statements.
B. The ethical issues are complicated for businesses that operate in the global economy because they don't have as much moral character as small, local businesses.
C. The pro forma balance sheet shows how the AFN resulting from a strategic plan will be financed.
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Careers in the Hospitality and Tourism career cluster are
O highly desirable and pay high wages.
O bountiful and expected to continue to grow.
O seldom desirable and pay low wages.
O limited and expected to continue to decline.
Answers
Answer:
B
Explanation:
Edge
Careers in the Hospitality and Tourism career cluster are bountiful and expected to continue to grow. Thus option B is correct.
What are Careers?Career sectors are means of classifying various career kinds based on shared characteristics. People can use these criteria to help them focus their job options and select a suitable path.
A collection of occupations that emphasize giving people food, lodging, aid to travelers, and enjoyable activities. The abundance of jobs in the travel and hospitality career cluster is anticipated to persist.
The planning, management, and provision of lodging, dining, entertainment, conferences, and tourism, as well as related arranging and community programs including transport services, are all part of a the hospitality and tourism employment cluster. Therefore, option B is the correct option.
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the elements of a brand that cannot be spoken are called the ______.
Answers
The elements of a brand that cannot be spoken are called the brand mark.
Every band has its properties and elements such as the brand name and
brand equity which can be spoken to describe what the brand is all about.
These elements are usually unique and helps to describe the brand and its
operations.
However , the brand mark is like a logo and contains pictorial properties
which can be seen.
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in a mixed open economy if aggregate expenditures exceed gdp
Answers
In a mixed open economy, if aggregate expenditures exceed GDP, then there will be an increase in inventories.
When inventories are added to GDP, they will be counted as part of output. Therefore, aggregate demand will equal GDP plus any changes in inventories. However, in the long run, if aggregate expenditures remain higher than GDP, then firms will increase production to meet demand, and GDP will rise to the level of aggregate expenditures. Hence, in the mixed open economy, GDP cannot remain lower than aggregate expenditures for long. Therefore, the aggregate expenditures and GDP are equal in the long run.
A situation in which aggregate expenditure is equal to GDP is called the equilibrium level of national output. This is the level at which supply and demand are equal and there are no shortages or surpluses. Therefore, if aggregate expenditures exceed GDP, there will be an increase in inventories, but in the long run, GDP will rise to meet aggregate expenditure.
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a technology company decides to redesign key aspects of its products to better leverage the same components and reduce manufacturing overheads. these savings will then facilitate price reductions. what strategy is the company pursuing?
Answers
A technology company redesigns key aspects of its products to better leverage the same components and reduce its manufacturing overheads. The strategy which the company is pursuing is low-cost.
The low cost strategy is considered as a type of pricing strategy in which the technology company offers the products at low price, by deciding to redesign key aspects of its products to better leverage the same components and the reduce the product's manufacturing overheads.
So, this low-cost strategy helps in order to stimulate the demand and gain higher market share. Thus, the firm can then gain cost advantages thus by increasing their efficiency.
Hence, low-cost strategy is the company pursuing.
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what's the time now?
Answers
Answer:
13:20 UK timeeeeeeeeee
The marketing team of Kyns Technologies needed more funds to carry out market research for one of its new products. The research and development team also needed funds to improve the company's existing products. The teams decided to split the company's funds so that both teams could use them, but not optimally. Which of the following concepts does this scenario illustrate? A. Despotism B. Compromise C. Repression D. Domination
Answers
Answer: compromise
Explanation:
Compromise refers to a scenario whereby a deal is made between different parties and in such scenario, each party gives up part of their demand. It simply means finding agreement through communication.
Since despite the need of the marketing team and the research team, both teams decided to split the company's funds so that both teams could use them, but not optimally. This is referred to as compromise.
Answer:
Compromise
Explanation:
When agreement is made or a conclusion is reached between tow different parties or wings, such that each of the agreeing parties has to shelve a certain part of its plans or demand in other to reach a reasonable conclusion. This idea shelving or cutting down on intention or projects by each party is called compromise. In the scenario, both the marking and research and development teams needed funds, however, due to inadequate provision, they had to agree on rationing what is available even though an optimal usage would be very unlikely.
How does saving money help people avoid debt?
A.by helping them reduce interest payments
B. By helping them get approved for loans
C.by helping them apply for credit cards
D. By helping them cover unforeseen expenses
Answers
Answer:
D. By helping them cover unforeseen expenses
Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
What did you learn from writing the assignments in this course
and why do you think I made
them so different from the lecture material (No, it is not to mess
with you)? (20 Marks)
Answers
In writing the assignments in this course, I have learned the importance of critical thinking, independent research, and effective communication skills. I believe the assignments were made different from the lecture material to encourage students to engage with the material in a more active and independent way.
Through analyzing and synthesizing information from various sources, I have been able to deepen my understanding of the course material and apply it to real-world situations. Additionally, the assignments have allowed me to hone my writing skills and improve my ability to clearly and concisely convey my ideas.
By requiring us to do our own research and draw our own conclusions, we are forced to think critically and develop our own ideas rather than simply regurgitating information from the lectures.
This approach not only deepens our understanding of the material, but also prepares us for real-world situations where we will need to think independently and solve problems on our own. Furthermore, the assignments also help us to develop important skills such as time management, organization, and effective communication.
By giving us a variety of different types of assignments, we are able to practice these skills in different contexts and become more well-rounded and effective learners. Overall, I believe that the assignments in this course are an essential component of our learning experience and have helped me to develop a range of important skills and competencies.
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How is the $36 per DLH MOH allocation rate in the ""traditional"" reporting system computed? ( see exhibit 1 below)
Answers
The predetermined overhead rate is based on estimates and may differ from the actual overhead costs incurred during the period.
I can provide a general explanation of how the $36 per DLH (direct labor hour) MOH (manufacturing overhead) allocation rate in a traditional reporting system might be computed.
In a traditional reporting system, manufacturing overhead costs are allocated to products based on a predetermined overhead rate. This predetermined overhead rate is calculated by dividing the estimated total manufacturing overhead costs for a period by the estimated total amount of the allocation base for that period.
For example, if the estimated total manufacturing overhead costs for a period are $360,000 and the estimated total direct labor hours for that period are 10,000, the predetermined overhead rate would be $36 per DLH ($360,000 ÷ 10,000 DLH).
Once the predetermined overhead rate is established, it can be used to allocate overhead costs to products based on their direct labor hours. To allocate overhead costs to a product, the predetermined overhead rate is multiplied by the number of direct labor hours required to manufacture the product.
For example, if a product requires 5 DLH to manufacture, the overhead cost allocated to that product would be $180 (5 DLH x $36 per DLH).
It's important to note that the predetermined overhead rate is based on estimates and may differ from the actual overhead costs incurred during the period. At the end of the period, the actual overhead costs are compared to the estimated overhead costs, and any difference is recorded as either underallocated or overallocated overhead.
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Hey guys, there were too many words to fit in here but I provided a link to the answers :).
Hello!!
I recently completed this activity and was asking the same question!
I got help from the another brainly user ( rcurrin2005 )that answered this question (thank you so much, btw!!) and created a PDF with his answers and I thought I would too!
Now remember, do not plagiarise! I hope it helps! Have a great day and good luck!