A computer (mathematical) model is a type of mathematical model that is created using computer software to simulate and analyze complex systems or phenomena.
The main steps in creating a computer (mathematical) model are:
Define the problem or question that the model is meant to answer.Collect data relevant to the problem or question.Formulate a mathematical model using the collected data.Implement the model on a computer using a programming language or software.Analyze the results of the model and make any necessary adjustments.Validate the model by comparing its results with real-world data.There are several types of computer (mathematical) models, including:
Statistical models, which use statistical methods to analyze data and make predictions.Deterministic models, which use a set of equations to describe a system and make predictions about its behavior.Stochastic models, which incorporate random elements to account for uncertainty in a system.Simulation models, which use computer algorithms to simulate the behavior of a system over time.For more such questions on computer, click on:
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If the following 4 bonds were issued at par at the same time, mature at the same time, have face values of $1,000, pay semi-annual coupons with the next coupon in 6 months, and (today) have the following coupon rates and YTMs, then which of the 4 bonds is the riskiest today?. Bond A: coupon rate of 12% and YTM of 8%. Bond B: coupon rate of 5% and YTM of 6%. Bond C: coupon rate of 8% and YTM of 3%. Bond D: coupon rate of 9% and YTM of 11% (Enter "Bond A" or "Bond B" or "Bond C" or "Bond D" or "None" following the upper and lower case)
Bond D is the riskiest today because its YTM of 11% is higher than its coupon rate of 9%, indicating that the market has a negative view of its creditworthiness, making it riskier than the other bonds.
This is because it has the highest difference between the coupon rate and the YTM. The coupon rate is the interest rate that the bond issuer agrees to pay the bondholder, while the YTM is the rate of return that the bondholder expects to receive if they hold the bond until it matures.
When the YTM is higher than the coupon rate, it indicates that the bond is being sold at a discount and is therefore riskier.
This is because the bond issuer is offering a higher return to compensate for the higher risk. Bond D has a coupon rate of 9% and a YTM of 11%, which is a difference of 2%. This is the highest difference among the four bonds, making it the riskiest.
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Appraise the differences between punctuated changes and gradualist changes.
Evaluate the different topologies of changes and how are these topologies related to
punctuated changes and gradualist changes. Using an MRO as an example, give an
example of each type of topology changes.
The main difference between punctuated changes and gradualist changes is the rate at which they occur. Punctuated changes happen quickly and abruptly, while gradualist changes occur slowly over time. These two types of changes are related to different topologies.
Punctuated changes are associated with a topology known as "saltation," which involves sudden, large-scale changes. An example of this type of change in an MRO organization would be the sudden implementation of a new technology that significantly alters the way the organization operates.
Gradualist changes, on the other hand, are associated with a topology known as "gradualism," which involves small, incremental changes over time. An example of this type of change in an MRO organization would be the gradual adoption of new tools or techniques that improve efficiency and productivity over time.
Understanding the different topologies of change and how they are related to punctuated and gradualist changes can help organizations to better plan for and manage change.
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What do think is the purpose of an organisational chart?
Answer:
to be efficient and organized
4. COST OF EQUITY CAPITAL (2) Analysts who research the stock market have found differences in required rates of return based on company size. The economist Eugene Fama studied stock market returns fo
This is because larger companies are typically considered to be less risky investments than smaller companies, and therefore require a lower rate of return to compensate for this lower level of risk of stock market .
Analysts who research the stock market have found that there are differences in the required rates of return based on company size.
The cost of equity capital refers to the amount that a company needs to pay to its shareholders for the use of their funds. It is an important consideration for companies because it affects their overall cost of capital and can have a significant impact on their ability to raise additional funds for expansion or other purposes.
One economist who has studied this phenomenon is Eugene Fama, who conducted research on stock market returns for different sized companies. Fama found that there is a relationship between company size and required rates of return, with smaller companies generally requiring higher rates of return than larger companies.
This is important for companies to consider when they are determining their cost of equity capital, as it can have a significant impact on their ability to raise funds and make investments.
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You have several applicants for a Level 3 supervisor’s job. The job description follows:Supervise 15 technicians (ages 24–58)Schedule work for the sectionAttend planning meetings with top-level managers/staffTroubleshoot technical problems that may occur in the sectionYou must select from the applicants described below.Female, 30 years old, with a four-year business degree. Work experience as a retail store department head while attending college. Since she paid for all college expenses herself and was working full time, she required eight years to complete degree. No experience in the technical field but described by her professors as "a fast learner; highly motivated."Male, 35 years old, with a two-year technical degree in the area to be supervised. No managerial experience. Has been working as a technician with another organization since graduating. Wants to join this company because he feels he has a greater opportunity for advancement. Current employer HR manager describes him as "an average worker; no attendance problems; perhaps frustrated by lack of opportunities with our company."Minority male, 55 years old, who just retired from the military as an officer. Considerable experience in managing people but no technical background for the job; excellent references. He states, "I know I don’t have the technical expertise right now but I've had many jobs in the military where I did not have the expertise, and I learned what I had to very quickly."Male, 30 years old, who has been a technician in this section for one year. No degree; was trained "on the job." First year performance evaluation was "good" on quality and quantity of work. The outgoing supervisor stated, "He will need to work hard to be a good delegator. He tends to do everything himself. It is always difficult to become the boss of people who have been your peers." The candidate thinks the section will accept him as their supervisor and that he will work very hard to create a team atmosphere. (No one else in the section applied for the position.)Which applicant do you recommend for the job? Remember to hire a Level 3 supervisor in the Staffing decision input screen or if option 4 is selected, remember to promote an employee to Level 3. This is in addition to the people that you will be hiring and promoting this decision period.Once a decision is made, how will you implement and monitor your decision?
Once the decision is made, I would implement it by communicating the decision to the selected candidate and providing her with a clear job description and expectations.To monitor the decision, I would schedule regular check-ins with the new supervisor to discuss her progress and address any challenges she may be facing.
Based on the job description and the qualifications of the applicants, I recommend selecting the female applicant for the Level 3 supervisor's job. Although she does not have technical experience, she has a four-year business degree and work experience as a retail store department head.
She also has a strong work ethic, as evidenced by her ability to pay for all of her college expenses while working full time. Her professors also describe her as "a fast learner; highly motivated," which indicates that she would be able to quickly learn the technical aspects of the job.
I would also communicate the decision to the other applicants and provide them with feedback on their qualifications and the reasons for the decision.
I would also gather feedback from the technicians she is supervising to assess their satisfaction with her performance. By regularly monitoring the decision, I can make any necessary adjustments to ensure the success of the new supervisor and the section as a whole.
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Wedding R Us sells wedding dresses. The cost of each dress is comprised of the following: Selling price of $1,560 and variable costs of $580. A total fixed cost for their business is $90,000. (Final answer must be DOUBLE RULE)A. What is the contribution margin per dress if the fixed cost was decreased by 10% and the selling price was increased by 15%?B. What is the total profit when 350 dresses are sold?C. How many dresses must sell to reach the breakeven point?D. How many dresses must sell to yield a profit of $79,000?E. How much is the profit per dress if they sold 150 dresses?
Wedding R Us sells wedding dresses for a selling price of $1,560 and variable costs of $580 per dress, with a total fixed cost of $90,000.
A. The contribution margin per dress is the difference between the selling price and the variable costs. If the fixed cost was decreased by 10% and the selling price was increased by 15%, the new contribution margin per dress would be:
Selling price: $1,560 x 1.15 = $1,794
Variable costs: $580
Contribution margin per dress: $1,794 - $580 = $1,214
B. The total profit when 350 dresses are sold is the difference between the total revenue and the total costs. The total revenue is the selling price of each dress multiplied by the number of dresses sold, and the total costs are the sum of the fixed costs and the variable costs multiplied by the number of dresses sold.
Total revenue: $1,560 x 350 = $546,000
Total costs: $90,000 + ($580 x 350) = $293,000
Total profit: $546,000 - $293,000 = $253,000
C. The breakeven point is the number of dresses that must be sold to cover the total costs. To find the breakeven point, we can set the total revenue equal to the total costs and solve for the number of dresses.
$1,560 x number of dresses = $90,000 + ($580 x number of dresses)
$980 x number of dresses = $90,000
Number of dresses = 90,000/980 = 91.84
The breakeven point is approximately 92 dresses.
D. To yield a profit of $79,000, the total revenue must be greater than the total costs by $79,000. We can set up an equation and solve for the number of dresses.
$1,560 x number of dresses = $90,000 + ($580 x number of dresses) + $79,000
$980 x number of dresses = $169,000
Number of dresses = 169,000/980 = 172.45
The number of dresses that must be sold to yield a profit of $79,000 is approximately 173 dresses.
E. The profit per dress is the difference between the selling price and the total costs divided by the number of dresses sold. If they sold 150 dresses, the profit per dress would be:
Profit per dress = ($1,560 x 150 - $90,000 - ($580 x 150))/150 = ($234,000 - $90,000 - $87,000)/150 = $57,000/150 = $380
The profit per dress if they sold 150 dresses is $380.
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Elvin timely filed his 2020 tax return on march 1, 2021. He was entitled to a $300 refund, which he received a few weeks later. Melvin later determined that he had failed to claim a refundable education credit for which he was eligible. The credit would have given him an even larger refund for that year. The latest melvin can file an amended return to correct his originally filed 2020 return and claim the refundable credit is: march 1, 2023. The 2023 tax filing deadline (generally april 15). March 1, 2024. The 2024 tax filing deadline (generally april 15)
The latest Melvin can file an amended return to correct his originally filed 2020 return and claim the refundable credit is March 1, 2024.
What is amended ?Amended refers to the act of changing or revising a document, law, or agreement. This can be done in order to make corrections or add new information. Amendments can be used to modify or add to existing laws, regulations, or agreements. In the United States, amendments to the Constitution require approval from both the House of Representatives and the Senate as well as ratification of three-fourths of state legislatures. Amendments can also be made to contracts, wills, and other legal documents. The process of amendment usually involves submitting the proposed change in writing to the parties involved and having them agree to the change before the amendment is officially made. Amendments can be used to correct errors, clarify intent, or make updates.
This is because the amended return must be filed within 3 years of the original filing date, which in this case is March 1, 2021. Since March 1, 2021 falls within the 2020 tax filing year, the amended return must be filed by March 1, 2024, which is the 2024 tax filing deadline (generally April 15).
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define the importance of job involvement in the organization tomaintain employee positive attitude
Job involvement is the degree to which an employee identifies with their job, actively participates in it, and considers their job performance to be important for their self-worth. It is an important factor in maintaining a positive attitude among employees in an organization for the following reasons:
1. Increased job satisfaction: When employees are involved in their job, they are more likely to be satisfied with their work and have a positive attitude towards their job and the organization.
2. Improved performance: Job involvement leads to increased motivation and effort, which results in improved job performance and productivity.
3. Reduced turnover: Employees who are involved in their job are less likely to leave the organization, reducing turnover and the associated costs of hiring and training new employees.
4. Enhanced organizational commitment: Job involvement is associated with a stronger sense of commitment to the organization, leading to a positive attitude towards the organization and a willingness to support its goals.
In conclusion, job involvement is crucial for maintaining a positive attitude among employees, as it leads to increased job satisfaction, improved performance, reduced turnover, and enhanced organizational commitment.
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14. Michael wants his $3.200 to grow to $4.500 in 3 years. He has a savings account paying simple interest on savings. What rate of interest would help him achieve his goal?
Answer: $1.3
Explanation: Think that's correct.
The rate of interest would help to achieve his goal are 13.54%
To find the rate of interest that would help Michael achieve his goal, we can use the formula for simple interest:
I = Prt
Where I is the interest, P is the principal, r is the rate of interest, and t is the time in years.
In this case, we know that the principal is $3,200, the interest is $4,500 - $3,200 = $1,300, and the time is 3 years.
We want to find the rate of interest, r.
Plugging in the known values into the formula, we get:
$1,300 = $3,200r (3)
Dividing both sides by $3,200 and 3, we get:
r = $1,300/ ($3,200)(3)
r = 13.54
So, the rate of interest that would help Michael achieve his goal is 13.54%.
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What are the three issues that are at the core of om
The management of business procedures to achieve the best level of productivity within an organization is known as operations management (OM). The most effective conversion of resources like labor and materials into products and services is the focus of operations management.
Operations managers deal with a variety of difficulties on a daily basis;
1. EMPLOYEE SHORTAGES
Everyone in business is aware that labor shortages were a significant issue even before COVID.
2. LIFETIME DELAYS
For many manufacturers and warehouses, especially in the post-pandemic period, logistical delays are now a major problem.
3. LONG LEAD TIMES
Buyers, whether they are manufacturers or consumers, have speedier delivery expectations. They experience longer lead times, nevertheless.
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question 21 3 pts What should be the current price of a stock if the expected dividend is $6, the stock has a required return of 20%, and a constant dividend growth rate of 6%? Enter your answer as a number with 2 decimals and without $ sign.
The answer to be entered as a number with 2 decimals and without the $ sign for the current price of a stock are 42.86.
The current price of a stock can be calculated using the Dividend Discount Model (DDM), which is a formula that estimates the value of a stock based on its expected dividends, required return, and dividend growth rate. The formula for the DDM is:
P = D / (r - g)
Where:
P = Current price of the stock
D = Expected dividend
r = Required return
g = Constant dividend growth rate
In this case, the expected dividend (D) is $6, the required return (r) is 20%, and the constant dividend growth rate (g) is 6%. Plugging these values into the formula, we get:
P = 6 / (0.20 - 0.06)
P = 6 / 0.14
P = 42.857
Therefore, the current price of the stock should be $42.857.
However, the question asks for the answer to be entered as a number with 2 decimals and without the $ sign, so the final answer is: 42.86.
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Suppose that to buy either a call or a put option you pay the quoted ask price, denoted Ca (K, T) and Pa(K, T), and to sell an option you receive the bid, Cb(K, 7) and Pb (K, T). Similarly, the ask and bid prices for the stock are Sa and Sh. Finally, suppose you can borrow at the rate rH and lend at the rate r. The stock pays no dividend. Find the bounds between which you cannot profitably perform a parity arbitrage.
To find the bounds between which you cannot profitably perform a parity arbitrage, we need to consider the call and put prices, the stock prices, and the interest rates. The following equations represent the upper and lower bounds of the no-arbitrage range:
Upper bound: Ca(K, T) + K*e^(-rT) ≤ Pa(K, T) + Sa
Lower bound: Ca(K, T) + K*e^(-rHT) ≥ Pa(K, T) + Sb
Where Ca(K, T) is the ask price of a call option with strike price K and expiration time T, Pa(K, T) is the ask price of a put option with the same strike price and expiration time, Sa is the ask price of the stock, Sb is the bid price of the stock, rH is the borrowing interest rate, and r is the lending interest rate.
If the upper bound equation is violated, then you can profitably perform a parity arbitrage by buying the call option and the stock, and selling the put option. If the lower bound equation is violated, then you can profitably perform a parity arbitrage by buying the put option and the stock, and selling the call option.
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The Krasnapolski is a top-of-the-line hotel in Amsterdam, the Netherlands. Among their many services, they rent bicycles to guests who arrive randomly throughout the day. They have 30 bikes, with 8 guests renting a bicycle each day during the summer season. Guests keep bicycles for three days on average, with a standard deviation of three days. On average, how long does a customer have to wait for a bicycle (in terms of days)? Please provide a process flows diagram as well.
A) 80%
B) 3.11 days
C) 0.05 days
D) 0.11 days
On average, a guest would have to wait for 0.3 days to rent a bicycle at Hotel Krasnapolski during the summer season.
How long does a customer have to wait for a bicycle?To calculate the average waiting time for a bicycle, we need to use the formula:
Average waiting time = (average rental period + half of the standard deviation) / number of available bicycles
The average rental period is given as 3 days, and the standard deviation is also given as 3 days. We have 30 bicycles available for rent, and 8 guests rent a bicycle each day during the summer season.
So, we can plug these values into the formula: The average waiting time:
= (3 + 0.5*3) / 30 * (8/1)
= 0.3 days per guest
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ABC was a small video rental store 15 years ago. It lent videos to customers for a fee. ABC’s owners would like to cut labour costs by streamlining and automating some of its operations by machines or computer systems. The following scenario describes the manual activities done by ABC’s staff:Customers must become member before borrowing any videos. New customers must fill out a form with their personal details and credit card details. ABC’s staff would approve each membership after checking credit card details etc. After approval, new customer would be given a membership card, and new customer's form would be added to the customer file by ABC’s staff.Any customer wishing to borrow a video would present to ABC’s staff the empty box of the video, their membership card, and payment – payment is always with the credit card used to open the membership account. ABC’ staff would approve this video loan by checking if this member owed any money to ABC, and validity of member’s credit card. If approved, ABC’s staff would process the credit payment for this video loan. If bank approves the credit payment, ABC’s staff present the video and loan’s receipt to the member, then update the video stock file.The customer then returns the video to the store after watching it. ABC’s staff need to update the video stock file regularly when videos are returned. If a loaned video is overdue by a day, the customer's credit card is charged, and a reminder letter is sent to them. Each day after the due date, a further deduction is made on member’s credit card, and each week a reminder letter is sent to the member. This continues until either the member returns the video, or the charges are equal to the cost of replacing the video.From the above description, draw a data flow diagram showing the flow of input information (and/or data) and output information (and/or data) to and from processes for the activities of ABC’s staff and any data stores, external environmental elements that interact with the activities. In this diagram, you must identify the following:processes for ABC’s staff activities (15 marks)external environmental elements, data stores that interact with any of theprocesses identified in (a) (2 marks)input and output information (and/or data) to and from each of the processes, external environmental elements, data stores identified in (a) and (b) (8 marks)(Hint: there are two environmental elements, and six main processes)(State any assumptions – if any – you make about this system.)
The processes for ABC's staff activities are: Approve Membership, Process Payment, Approve Video Loan, Update Video Stock, Charge Overdue Fees and Send Reminder Letters.
The external environmental elements are:
1. Customers
2. Banks
The data stores are:
1. Customer File
2. Video Stock File
The input and output information for each of the processes, external environmental elements, and data stores are as follows:
Approve Membership:
- Input: New customer form, credit card details
- Output: Membership card, updated customer file
Process Payment:
- Input: Credit card details, payment amount
- Output: Approval or denial from bank, updated customer file
Approve Video Loan:
- Input: Empty video box, membership card, payment
- Output: Approval or denial of loan, updated video stock file
Update Video Stock:
- Input: Returned videos
- Output: Updated video stock file
Charge Overdue Fees:
- Input: Overdue videos, customer credit card details
- Output: Updated customer file, updated video stock file
Send Reminder Letters:
- Input: Overdue videos, customer information
- Output: Reminder letters
Customers:
- Input: Membership card, payment, empty video box, returned videos
- Output: New customer form, credit card details
Banks:
- Input: Credit card details, payment amount
- Output: Approval or denial of payment
Customer File:
- Input: New customer form, credit card details, payment information, overdue fees
- Output: Membership card, approval or denial of membership, approval or denial of video loan, updated customer file
Video Stock File:
- Input: Empty video box, returned videos, overdue videos
- Output: Approval or denial of video loan, updated video stock file
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According to this image :
1- What is the age range of the generation with the highest amount of household debt?
2-Which is the only generation to decrease its average debt from 2019 to 2020?
3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.
4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).
5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.
I have to turn this worksheet today, So please ANYONE help me out please ASAP..
Answer:
1. Gen X 41-56years
2. Silent Gen reduced debt by 4.6%
3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt
Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.
4.Gen Z average debt $16,000
Gen X average debt $ 140,000
In 5years, it will meet up with Gen Xs level of debt
5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.
K Textiles is a textile manufacturing company. It has two subsidiaries; K Spinning and K Weaving, both located in Kamunting, Perak. K Spinning is involved in the production of yarns. They import natural fibre (i.e. cotton) and synthetic fibre (polyester) in form of bales. The bales are cleaned before undergoing the spinning process to produce grey yarn. Some of the grey yarns are bleached and dyed, while others are directly transported to K Weaving factory.At the K Weaving factory, the grey yarns will undergo the weaving process to become fabrics. The weaving factory have done away with shuttle weaving machines, and moved to the usage of air and water looms. The fabrics produced at the weaving factory are bleached before undergoing dying and/or printing.At times there are short supply of fibres and other raw materials such as bleaches and dyes, and at times there are excess of raw materials in the store. There are also incidences of finished products kept for longer period in the finished goods store. This is affecting the production process and the cashflow of the company. Currently the company adopts the push-based supply chain model.Several head of departments of the company suggested the implementation of a Supply Chain Management system to plan and monitor their supply chain. Some of the heads requested that you look at the option of using cloud-based solutions. You are given the task to prepare a proposal to be presented to the Board of Directors.Prepare a proposal to recommend a suitable implementation of a Supply Chain Management (SCM) System for the textile company. It should also explain to the Board of Directors, the impact of the SCM system on the competitive advantages of the company.
The proposal for the implementation of a Supply Chain Management (SCM) System for K Textiles will provide the company with numerous advantages. It will enable the company to streamline and optimize their operations, leading to improved efficiency, better inventory management and increased cash flow.
Additionally, the SCM system will enable the company to anticipate and respond to supply and demand fluctuations, enabling them to remain competitive in their industry.
With an effective SCM system in place, K Textiles can experience a range of competitive advantages. These include the ability to reduce inventory costs and optimize operations, as well as improving customer satisfaction by providing accurate and timely information. Additionally, the SCM system will enable the company to quickly adjust to changes in the market, allowing them to remain competitive in their industry.
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How should Walmart’s North American business management strategies change when entering a collectivist culture such as China? Cite your sources. What can Walmart learn from corporations/ventures that have been successful (or unsuccessful) in China? Cite your sources.
Walmart's North American business management strategies should change in the following ways when entering a collectivist culture such as China: Focused on partnership, utilize social networks, social trends etc.
Focus on partnerships: Partnerships are key to success in a collectivist culture, and Walmart should take the time to foster meaningful relationships with local partners.
Create a local brand: Walmart should customize their brand to be more localized and in-line with Chinese culture, while still keeping the core values of Walmart intact.
Utilize social networks: Social networks such as WeChat, Weibo, and Douban can be used to reach Chinese consumers.
Monitor local trends: Walmart should monitor local trends and adjust their strategies accordingly.
Corporations such as Lenovo, KFC, and Coca-Cola have been successful in China due to their ability to customize their products and services to fit local tastes, as well as their extensive use of social media platforms to reach Chinese customers.
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2. Minor maintenance costs for a certain machine are expected to be $5,000 per year during the first 5 years, and $6,000 per year during the last 7 years of its 12 year useful life. Major maintenance with a cost of $15,000 is needed at year 6. How much is the total annual equivalent maintenance cost for this machine if the MARR is 18% per year.
Explanation:
To calculate the total annual equivalent maintenance cost (TAE), we need to find the present worth of all maintenance costs over the 12-year useful life of the machine, and then convert it to an equivalent annual amount using the formula for the annual worth factor.
First, let's find the present worth of the minor maintenance costs during the first 5 years of the machine's life:
PW1 = $5,000 * ((1 - 1/((1+0.18)^5))/0.18) = $19,107.44
Next, let's find the present worth of the minor maintenance costs during the last 7 years of the machine's life:
PW2 = $6,000 * ((1 - 1/((1+0.18)^7))/0.18) = $31,088.31
Now, let's find the present worth of the major maintenance cost at year 6:
PW3 = $15,000 / (1+0.18)^6 = $6,372.62
Finally, we can add the three present worths together to get the total present worth of all maintenance costs:
PWtotal = PW1 + PW2 + PW3 = $19,107.44 + $31,088.31 + $6,372.62 = $56,568.37
To convert this to an equivalent annual amount, we can use the formula for the annual worth factor:
AWF = (0.18(1+0.18)^12)/((1+0.18)^12 - 1) = 0.2653
TAE = PWtotal * AWF = $56,568.37 * 0.2653 = $15,026.39
Therefore, the total annual equivalent maintenance cost for this machine is $15,026.39.
The total annual equivalent maintenance cost for this machine if the MARR is 18% per year is $10,380.17. This is calculated by summing the present value of each of the maintenance costs for each year of its useful life. The formula for calculating the present value of each cost is:
Present Value = Cost / (1 + MARR)^Year
Year 1: $5,000 / (1 + 0.18)^1 = $4,180.92
Year 2: $5,000 / (1 + 0.18)^2 = $3,450.20
Year 3: $5,000 / (1 + 0.18)^3 = $2,792.20
Year 4: $5,000 / (1 + 0.18)^4 = $2,208.20
Year 5: $5,000 / (1 + 0.18)^5 = $1,692.20
Year 6: $15,000 / (1 + 0.18)^6 = $11,059.86
Year 7: $6,000 / (1 + 0.18)^7 = $4,275.37
Year 8: $6,000 / (1 + 0.18)^8 = $3,315.24
Year 9: $6,000 / (1 + 0.18)^9 = $2,530.41
Year 10: $6,000 / (1 + 0.18)^10 = $1,927.91
Year 11: $6,000 / (1 + 0.18)^11 = $1,485.87
Year 12: $6,000 / (1 + 0.18)^12 = $1,123.50
The sum of the present values is $10,380.17, which is the total annual equivalent maintenance cost for this machine if the MARR is 18% per year.
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ExxonMobil ( XOM) is one of the half- dozen major oil companies in the world. The firm has four primary operating divisions ( upstream, downstream, chemical, and global services) as well as a number of operating companies that it has acquired over the years. A recent major acquisition was XTO Energy, which was acquired in 2009 for $ 41 billion. The XTO acquisition gave ExxonMobil a significant presence in the development of domestic unconventional natural gas resources, includ-ing the development of shale gas formations, which was booming at the time. Assume that you have just been hired to be an analyst working for ExxonMobil’s chief financial officer. Your first assignment was to look into the proper cost of capital for use in making corporate investments across the company’s many business units.
a. Would you recommend that ExxonMobil use a single company- wide cost of capital for analyzing capital expenditures in all its business units? Why or why not?
No, I would not recommend that ExxonMobil use a single company-wide cost of capital for analyzing capital expenditures in all its business units.
This is because each business unit has its own unique risk profile and therefore requires a different cost of capital.
Using a single company-wide cost of capital could result in underestimating the risk and cost of capital for some business units and overestimating it for others. This could lead to incorrect investment decisions and ultimately harm the company's overall profitability.
Instead, I would recommend calculating a separate cost of capital for each business unit based on its individual risk profile. This would allow for more accurate investment decisions and better allocation of capital across the company.
Additionally, it would allow the company to better understand the risks and returns of each business unit and make more informed strategic decisions.
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Q1. Examine with suitable examples, how "organization strategy provides a valuable contribution in achieving organization vision?" Give an example of a Saudi company and assess two examples of organizational strategies and operating plans.
Organization strategy is a crucial part of achieving an organization's vision. By implementing effective organizational strategies, a company can align its actions and decisions with its overall goals and objectives. These strategies can include things like setting clear goals, developing strong leadership, and creating a culture of accountability.
One example of a Saudi company that has successfully implemented organizational strategies is Saudi Aramco. This company has set clear goals for itself, including becoming the world's leading integrated energy and chemicals company. To achieve this goal, Saudi Aramco has developed strong leadership and created a culture of accountability.
Another example of organizational strategies is the use of operating plans. Operating plans are detailed, short-term plans that outline the steps a company will take to achieve its goals.
For example, a company may develop an operating plan to increase sales by 10% over the next year. This plan may include steps like expanding marketing efforts, developing new products, and increasing customer service. By implementing these steps, the company can achieve its goal of increasing sales.
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What is the present value of $7,000 paid at the end of each of the next 95 years if the interest rate is 7% per year?
The present value is___?
Also can you show how to get the answer using a financial calculator, thanks
The answer using a financial calculator and present value is $99,740.20
The present value of $7,000 paid at the end of each of the next 95 years if the interest rate is 7% per year can be calculated using the present value of annuity formula:
PV = PMT * [(1 - (1 + i)^-n) / i]
Where:
PV = Present Value
PMT = Payment amount
i = Interest rate
n = Number of periods
Plugging in the values given in the question:
PV = $7,000 * [(1 - (1 + 0.07)^-95) / 0.07]
PV = $7,000 * [(1 - 0.0026) / 0.07]
PV = $7,000 * [0.9974 / 0.07]
PV = $7,000 * 14.2486
PV = $99,740.20
Therefore, the present value of $7,000 paid at the end of each of the next 95 years if the interest rate is 7% per year is $99,740.20.
To calculate the present value using a financial calculator, you can use the following steps:
1. Enter the payment amount ($7,000) into the PMT field
2. Enter the interest rate (7%) into the I/Y field
3. Enter the number of periods (95) into the N field
4. Press the PV button to calculate the present value
The result should be the same as the one calculated using the formula above.
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Fred McHamm of Publisher’s Outhouse announced you have just won $30,000,000! To be paid in $1,000,000 installments at the end of each of the next 30 years, of course!
If the appropriate discount rate is 7.5%, what is this really worth to you today?
Please draw the timeline
The present value of all the payments added together would be $11,547,657 .
To find the present value of this prize, we can use the present value of an annuity formula. The formula is as follows:
PV = PMT × [(1-(1+i)^-n)/i]
Where:
PV = Present Value
PMT = Payment amount
i = Discount rate
n = Number of periods
In this case, PMT = $1,000,000, i = 7.5%, and n = 30. Plugging these values into the formula, we get:
PV = $1,000,000 × [(1-(1+0.075)^-30)/0.075]
PV = $1,000,000 × [1-0.131716]/0.075
PV = $1,000,000 × 11.547657
PV = $11,547,657
Therefore, the present value of the prize is $11,547,657.
The timeline for this prize would look like this:
Year 0: $0
Year 1: $1,000,000
Year 2: $1,000,000
Year 3: $1,000,000
...
Year 30: $1,000,000
The present value of the prize at each point in time would be discounted by the discount rate of 7.5%. For example, the present value of the $1,000,000 payment in year 1 would be $1,000,000 / (1+0.075)^1 = $930,232.56.
The present value of the $1,000,000 payment in year 2 would be $1,000,000 / (1+0.075)^2 = $865,027.03, and so on. The present value of all the payments added together would be $11,547,657, as calculated above.
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When bonds are issued at a discount, the total interestcost to the issuing corporation equals the interest payments minusthe bond discount.Required:True? or False? Explain your answer!
The given statement "when bonds are issued at a discount, the total interest cost to the issuing corporation equals the interest payments minus the bond discount" is true because the total interest cost to the issuing corporation when bonds are issued at a discount equals the interest payments minus the bond discount.
This is because the bond discount represents the difference between the amount that the corporation receives when it issues the bonds and the amount that it has to repay when the bonds mature. Therefore, the total interest cost to the corporation is the amount of the interest payments minus the amount of the bond discount.
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Discuss how management accounting is different fromfinancial accounting. (10 mark)
Financial accounting is focused on recording and reporting historical financial information, whereas management accounting is focused on providing decision-making information for the future.
Management accounting and financial accounting are two distinct branches of accounting that serve different purposes. The key differences between the two are as follows:
1. Purpose: Management accounting is used by managers to make decisions about the operations of the business, while financial accounting is used to report the financial performance of the company to external parties such as investors and creditors.
2. Scope: Management accounting focuses on internal performance measures, such as cost analysis and budgeting, while financial accounting focuses on external performance measures, such as revenues and profits.
3. Time Frame: Management accounting is forward-looking, using projections and forecasts to make decisions about the future, while financial accounting is backward-looking, reporting on past financial performance.
4. Regulations: Financial accounting is subject to strict regulations and accounting standards, such as GAAP and IFRS, while management accounting is not.
5. Reporting Frequency: Financial accounting reports are typically issued quarterly and annually, while management accounting reports are issued more frequently, often monthly or even weekly.
In conclusion, management accounting and financial accounting are both important aspects of accounting, but they serve different purposes and have different focuses, time frames, regulations, and reporting frequencies.
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List the GLOBE Study clusters. How is the study application tied
to Emotional intelligence?
The GLOBE (Global Leadership and Organizational Behavior Effectiveness) study identified six clusters of cultural dimensions. These clusters are Uncertainty avoidance,Power distance,Institutional collectivism, In-group collectivism, Gender egalitarianism,Assertiveness.
The GLOBE study is tied to emotional intelligence in that it helps leaders to understand the cultural dimensions of different countries and how they impact organizational behavior. This understanding can help leaders to better manage their emotions and the emotions of their employees in a culturally sensitive way. For example, a leader with high emotional intelligence would be able to recognize the cultural differences between an employee from a high uncertainty avoidance culture and an employee from a low uncertainty avoidance culture, and adjust their leadership style accordingly.
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What is the present value of the following set of cash flows, discounted at 15.4% per year? Year CF 1 596 2 $96 $199 -$199 To
The present value of the given set of cash flows, discounted at 15.4% per year, is $603.80.
The present value of a set of cash flows is the sum of the present values of each individual cash flow. To calculate the present value of a cash flow, we use the formula:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of years.
For the given set of cash flows, we can calculate the present value of each cash flow and then add them together:
PV1 = 596 / (1 + 0.154)^1 = 516.07
PV2 = 96 / (1 + 0.154)^2 = 72.15
PV3 = 199 / (1 + 0.154)^3 = 128.95
PV4 = -199 / (1 + 0.154)^4 = -113.37
The present value of the set of cash flows is:
PV = PV1 + PV2 + PV3 + PV4 = 516.07 + 72.15 + 128.95 + (-113.37) = 603.80
Therefore, the correct answer would be $603.80.
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You have a Markov matrix for the three layers of employees as follows (Table 1). Complete the Table 2 (5% of annual growth in staffing needs (demand) is expected). Table 1 Transition matrix (2022) headcount Manager Supervisor Line worker Exit
100 Manager .65 .00 .00 .35 200 Supervisor .15 .70 .05 .10 1000 Line Worker .00 .30 .10 .60
Table 2 Supply and Demand for 2023 Manager Supervisor Line worker 2023 Demand 2023 Internal Supply
2023 External Supply
To complete Table 2, we need to use the Markov matrix from Table 1 to predict the internal supply of employees in 2023. Then we can use the expected 5% growth in staffing needs to calculate the demand for 2023.
Finally, we can calculate the external supply by subtracting the internal supply from the demand.
First, let's calculate the internal supply for 2023:
Manager = (100 * .65) + (200 * .15) + (1000 * .00) = 95
Supervisor = (100 * .00) + (200 * .70) + (1000 * .30) = 370
Line Worker = (100 * .00) + (200 * .05) + (1000 * .10) = 120
Next, let's calculate the demand for 2023 with the 5% annual growth:
Manager = 100 * 1.05 = 105
Supervisor = 200 * 1.05 = 210
Line Worker = 1000 * 1.05 = 1050
Finally, let's calculate the external supply for 2023:
Manager = 105 - 95 = 10
Supervisor = 210 - 370 = -160
Line Worker = 1050 - 120 = 930
So, the completed Table 2 should look like this:
Table 2 Supply and Demand for 2023
Manager Supervisor Line worker
2023 Demand 105 210 1050
2023 Internal Supply 95 370 120
2023 External Supply 10 -160 930
Note that the negative external supply for Supervisors means that there is an excess of internal supply and no need for external hiring.
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For what finance rate, will the two projects have the same MIRR?
Finance rate 5.00% Years Project E Project F
Reinvest rate 8.0% 0 ($575,000) ($1,345,000)
1 $155,000 $173,000
2 $155,000 $173,000
3 $155,000 $173,000
4 $155,000 $173,000
5 ($575,000) $173,000
6 $172,000 $173,000
7 $172,000 $173,000
8 $172,000 $173,000
9 $172,000 $173,000
10 $172,000 $173,000
Group of answer choices
1.73%
1.28%
0.43%
0.24%
The finance rate at which the two projects have the same MIRR can be calculated using the following formula:
MIRR = (PV of future cash flows / PV of initial investment)^(1/n) - 1
Where PV is the present value, n is the number of years, and MIRR is the modified internal rate of return.
First, we need to calculate the present value of the future cash flows for both projects:
PV of future cash flows for Project E = $155,000 / (1 + 0.05)^1 + $155,000 / (1 + 0.05)^2 + $155,000 / (1 + 0.05)^3 + $155,000 / (1 + 0.05)^4 + $172,000 / (1 + 0.05)^6 + $172,000 / (1 + 0.05)^7 + $172,000 / (1 + 0.05)^8 + $172,000 / (1 + 0.05)^9 + $172,000 / (1 + 0.05)^10 = $1,218,163.49
PV of future cash flows for Project F = $173,000 / (1 + 0.05)^1 + $173,000 / (1 + 0.05)^2 + $173,000 / (1 + 0.05)^3 + $173,000 / (1 + 0.05)^4 + $173,000 / (1 + 0.05)^5 + $173,000 / (1 + 0.05)^6 + $173,000 / (1 + 0.05)^7 + $173,000 / (1 + 0.05)^8 + $173,000 / (1 + 0.05)^9 + $173,000 / (1 + 0.05)^10 = $1,436,317.86
Next, we need to calculate the present value of the initial investment for both projects:
PV of initial investment for Project E = $575,000 / (1 + 0.05)^0 = $575,000
PV of initial investment for Project F = $1,345,000 / (1 + 0.05)^0 = $1,345,000
Now we can plug these values into the formula and solve for the finance rate:
MIRR for Project E = ($1,218,163.49 / $575,000)^(1/10) - 1 = 0.0807 or 8.07%
MIRR for Project F = ($1,436,317.86 / $1,345,000)^(1/10) - 1 = 0.0066 or 0.66%
To find the finance rate at which the two projects have the same MIRR, we can set the two MIRR equations equal to each other and solve for the finance rate:
($1,218,163.49 / $575,000)^(1/10) - 1 = ($1,436,317.86 / $1,345,000)^(1/10) - 1
($1,218,163.49 / $575,000)^(1/10) = ($1,436,317.86 / $1,345,000)^(1/10)
($1,218,163.49 / $575,000) = ($1,436,317.86 / $1,345,000)
$1,218,163.49 * $1,345,000 = $575,000 * $1,436,317.86
$1,638,489,880,500 = $825,932,670,500
$812,557,209,999.99 = 0
The finance rate at which the two projects have the same MIRR is 0.24%.
Therefore, the correct answer is 0.24%.
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eBook Problem Walk-Through Walsh Company is considering three independent projects, each of which requires a $5 million investment. The estimated internal rate of return (IRR) and cost of capital for these projects are presented here: Project H (high risk): Cost of capital = 17% IRR = 18% Project M (medium risk): Cost of capital = 15% IRR = 13% Project L (low risk): Cost of capital = 7% IRR = 8% Note that the projects' costs of capital vary because the projects have different levels of risk. The company's optimal capital structure calls for 45% debt and 55% common equity, and it expects to have net income of $11,480,500. If Walsh establishes its dividends from the residual dividend model, what will be its payout ratio? Round your answer to two decimal places. %
The residual dividend model is the method companies use to determine the dividends paid out to their shareholders. This is based on the idea that dividends should only be paid after all the company's capital expenditures and investments have been made so The Walsh Company payout percentage is 28.13%.
To determine the payout ratio using the residual dividend model, we first need to determine the amount of the dividend to be paid. This can be done with the formula:
Dividends = Net Income - (Equity Portion of Investment + Equity Portion of Investment)In this case, the equity portion of capital expenditures and investments will be 55% of the total, as the optimal capital structure of the enterprise requires 55% common stock. So you can plug in the given values to find the dividend.
Dividend = $11,480,500 - (0.55 x $5M + 0.55 x $5M + 0.55 x $5M)
= $11,480,500 - $8,250,000
= $3,230,500
Now we can find the payout percentage by dividing the dividend by the net profit and multiplying by 100 to get the percentage.
RTP = ($3,230,500 / $11,480,500) x 100 = 28.13%Therefore, the Walsh Company payout percentage is 28.13%.
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PLEASE HELP ME! THIS IS DUE IN 5 MINS
The main reason for researching the product or service is to allow higher management to make informed decisions that will benefit the business. This is part of this step of market research.
A. Present the findings
B. Analyze the information
C. Define the problem and research Objectives
D. Collect the Information
The primary objective of conducting research on the product or service is to enable upper management to make well-informed decisions that will be advantageous . C. Identify the issue and set research objectives.
What Is Market Research?The process of determining the viability of a new service or product through direct research with potential customers is known as market research, or "marketing research." A company can learn about its target market and get feedback from customers about their interest in a product or service through market research.
This kind of research can be carried out internally, by the business itself, or by a market research-focused third party. Focus groups, product testing, and surveys are all ways to accomplish this. Guineas pigs are typically repaid with item tests or paid a little payment for their time. When developing a new product or service, market research is an essential part of research and development (R&D).
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