$150‚000 to be received at the end of five years is: PV = (150000/(1.09^1)) + (150000/(1.09^2)) + (150000/(1.09^3)) + (150000/(1.09^4)) + (150000/(1.09^5)) = $583‚447.69 Thus‚ the maximum amount I would pay for an asset is $583‚447.69 Question 8) a) Accounting profit = (Total amount taken in from sales) – (Dollar cost of producing goods) = $200‚000 - $20‚000 = $180‚000 b) Economic profit = (Total revenue) – (Total opportunity cost) = $200‚000 - $20‚000 - $100‚000 = $80‚000 Question
Free Economics Profit Levi Strauss & Co.
3 costoReview Questions: CHAPTER 3; Cost Volume Profit True/False 1. Determining the number of units that must be produced in order to generate enough profit to cover total fixed costs is one reason for using a break-even analysis. 2. An expected value is the w eighted average of the outcomes‚ based on the percentage combinations of the incomes. 3. Which of the following statements about net income (NI) is TRUE? a. b. NI = operating income plus income taxes. NI = operating income
Premium Variable cost Costs Management accounting
Chapter 3 #2 - When is a company’s competitive advantage most likely to endure over time? A company’s competitive advantage is most likely to endure over time when the company has built barriers to imitation‚ which make it difficult for a competitor to copy the company’s distinctive competencies. Another element needed is the ability to quickly react to changes in the customer’s needs and have a high absorptive capacity in order to identify‚ value‚ assimilate‚ and use new knowledge. Lastly‚ the
Premium Southwest Airlines Innovation Customer
HW #3 Managerial Quality Control Fall 2014 page 140‚ review question 5 Deming’s 14 points summarized and related to the 4 components of Profound Knowledge as followed: 1. Create a vision and demonstrate commitment- Organizations must create and define their values‚ mission‚ and vision. This System allows them to have a long-term direction for its employees and management. Having a long-term view on serving customers and employees consist on investments in innovation‚ training‚ and research. A company
Premium Management Quality control Six Sigma
ASSIGNMENT CHAPTER 3 In chapter three‚ you learned about prefixes. In order to demonstrate your understanding of the concepts presented‚ respond to the following: (1) Using the lecture notes provided‚ your textbook‚ and the Taber’s: select a word root and add three different suffixes to build three different medical terms. Apply a different prefix to each of your medical terms built in order to further build new medical terms. Make sure that in doing so‚ you build legitimate medical terms
Premium Physician Citation APA style
From reading chapter 3 about “The Hidden Origins of Slavery” in the book titled A Different Mirror by Ronald Takaki it is found that there is much evil spoken of about black skinned people and their relationships with white people. Takaki mentioned‚ “In the English mind‚ the color black was freighted with an array of negative images: deeply stained dirt‚ foul‚ dark or deadly in purpose‚ malignant‚ sinister‚ wicked. The color white‚ on the other hand‚ signified purity‚ innocence‚ and goodness.” Today
Premium White people Slavery Black people
chapter 3: freakonomics conventional wisdom: body of ideas or explanations generally accepted as true by the public or by experts in a field challenging the conventional wisdom of a sticky social situation may be difficult since experts are usually the ones presenting the facts advertising increases the demand of a market good “pitched as a solution for “chronic halitosis”—a then obscure medical term for bad breath. Listerine’s new ads featured forlorn young women and men‚ eager for marriage
Free Gang Crime Minor league
Globalization and the possibility of the DeMcdonaldization of society On the last chapter of his book‚ Ritzer tries to show us that there are proofs out there that we are moving away from mcdonaldization‚ that not everything is controlled or predetermined by society or gigantic fast food chains. He starts the explanation of the Demacdonalization by tying it to Globalization and the several examples given throughout the book. On the first couple paragraphs Ritzer talks about the elements of the
Premium World Wide Web Big Mac Big Mac Index
BIO 165: Anatomy & Physiology I | Stanly Community College | Student Name: | Emily Mansfield | Lecture Activity #3: Cells (Chapter 3) Instructions: Read chapter 3 in your textbook and review the lecture notes and study resources provided by your instructor. Type your answer in the answer block provided for each question. Answer blocks should expand as you type. If you experience difficulty typing in the provided answer blocks‚ you may type your answers in a new document. Save a
Premium Health care Medicine Health
Introduction Managerial Economics and Business economics are the two terms‚ which‚ at times have been used interchangeably. Of late‚ however‚ the term Managerial Economics has become more popular and seems to displace progressively the term Business Economics. The discovery of managerial economics as a separate course in management studies has been attributed to three major factors: i) The growing complexity of business decision-making processes‚ because of changing market conditions and the globalization
Premium Economics