Determining the right location for a small business is crucial as it can greatly impact its success. Several factors should be considered when evaluating potential locations, and the importance of each factor may vary depending on the type of business.
However, some key factors to consider are:
1. Demographics: Analyzing the local population's age, income levels, education, and purchasing power can help determine if there is a target market for the business and if it aligns with its products or services.
2. Competition: Assessing the presence and strength of competitors in the area is essential. A saturated market might make it challenging to establish a customer base, while a lack of competition could indicate an untapped market opportunity.
3. Accessibility: The accessibility of the location for both customers and employees is crucial. Easy transportation access, parking availability, and proximity to main roads or public transportation can contribute to attracting customers and maintaining a reliable workforce.
4. Costs: Evaluating the cost of leasing or purchasing a space in different locations is important to ensure it aligns with the business's budget. Additionally, considering taxes, utilities, and other expenses specific to each location is essential for financial sustainability.
5. Infrastructure and Resources: Assessing the availability of necessary infrastructure, such as utilities, telecommunications, and internet connectivity, is crucial for the smooth operation of the business. Access to local suppliers, skilled labor, and support services should also be considered.
6. Zoning and Regulations: Understanding local zoning laws, building codes, and licensing requirements is necessary to ensure compliance and avoid any legal issues that may hinder business operations.
7. Future Growth Potential: Evaluating the potential for business growth and development in the chosen location is important for long-term success. Factors such as planned infrastructure improvements, population trends, and economic growth can indicate whether the location has the potential to support business expansion.
It is important to carefully analyze these factors and prioritize them based on the specific needs and goals of the small business. Conducting market research, seeking expert advice, and considering the experiences of similar businesses in the area can help make an informed decision about the right location.
To know more about Future Growth Potential, visit:
https://brainly.com/question/29705676
#SPJ11
Xavier plans to invest an equal amount of $5,000 in an equity
fund every year, starting today. The expected APR of the fund is
20%, compounded annually. How much will Xavier have at the end of
30 year
Xavier will have approximately $47,686,750 at the end of 30 years if he invests an equal amount of $5,000 in an equity fund every year, starting today, with an expected APR of 20%, compounded annually.
The question is asking for the future value of an annuity, where Xavier plans to invest an equal amount of $5,000 in an equity fund every year, starting today. The expected APR of the fund is 20%, compounded annually, and the investment period is for 30 years.
To find the future value of the annuity, we can use the formula:
FV = PMT x [(1 + r)ⁿ - 1] / r where PMT is the periodic payment, r is the interest rate, and n is the number of periods.Using the given values, we have:PMT = $5,000, r = 20% compounded annually,n = 30 years.
Therefore, the future value of the annuity is:
FV = $5,000 x [(1 + 0.2)³⁰ - 1] / 0.2
FV = $5,000 x (9,537.35)
FV = $47,686,750
Therefore, Xavier will have approximately $47,686,750 at the end of 30 years if he invests an equal amount of $5,000 in an equity fund every year, starting today, with an expected APR of 20%, compounded annually.
To know more about Future value visit-
brainly.com/question/30787954
#SPJ11
Zoom has had an amazing surge of popularity during the pandemic, which in turn has led the price to rise. Assume that Zoom just paid a dividend of $1.00. Analysts expect the dividend to grow by 25% this year, 20% next year and then settle down to a long run growth rate of 4%. If investors require a 15% return, what price should Zoom stock trade at? Select one: a. $15.25 b. $14.18 c. $12.94 d. $14.25
The correct answer is not among the options provided. The correct price at which Zoom stock should trade is approximately $13.64. To calculate the price at which Zoom stock should trade, we can use the dividend discount model (DDM) formula.
The formula for the price of a stock using DDM is as follows:
Price = Dividend / (Required Rate of Return - Dividend Growth Rate)
Given the information provided:
Dividend = $1.00 (current dividend)
Dividend Growth Rate = 25% for this year, 20% for next year, and 4% long-run growth rate
Required Rate of Return = 15%
To calculate the price, we need to find the present value of the future dividends using the different growth rates. Let's break it down step by step:
Dividend for this year: $1.00 * (1 + 25%) = $1.25
Dividend for next year: $1.25 * (1 + 20%) = $1.50
Now, we can calculate the price using the DDM formula:
Price = $1.50 / (0.15 - 0.04) = $1.50 / 0.11 = $13.64
Therefore, the correct answer is not among the options provided. The correct price at which Zoom stock should trade is approximately $13.64.
To know more about trade visit :
https://brainly.com/question/1578270
#SPJ11
If you have higher risk tolerance would it be better to invest in stocks or bonds?
A. If you have a higher tolerance for risk, then stocks are a better option for your long term investments
B. If you have a higher tolerance for risk, then bonds are a better option for your long term investments
C. Your tolerance for risk does not impact your choice between stocks and bonds
D. If you have a higher tolerance for risk, then you should speculate in very risky stocks and bonds
If you have higher risk tolerance would it be better to invest in stocks or bonds "If you have a higher tolerance for risk, then stocks are a better option for your long-term investments". The correct option is A.
If you have a higher risk tolerance, it means you are more comfortable with the potential fluctuations and volatility in the value of your investments. The stock has more volatile than bonds and offer the potential for higher returns over the long term.
They have historically outperformed bonds in terms of average returns although they come with greater short-term fluctuations.
Therefore, the correct option is A.
To know more about long-term investments here,
https://brainly.com/question/30093899
#SPJ4
When a customer transferred $50,000 from his checking account to a mutual fund account, M1 increases O M2 increases M2 decreases M1 decreases
When a customer transferred $50,000 from his checking account to a mutual fund account, the correct impact on the money supply is M1 decreases and M2 remains unchanged.
M1 consists of cash, checking deposits, and traveler's checks. M1 is the most liquid of the money supply because it is composed of assets that are readily available to spend. M2 is M1 plus short-term time deposits in banks and certain money market funds. M2 is a broader definition of the money supply. It contains everything that M1 contains plus other components that aren't as liquid as M1.
When a customer transferred $50,000 from his checking account to a mutual fund account, the funds move from M1 to a less liquid category in M2. As a result, M1 decreases, and M2 remains unchanged since the amount was transferred from a more liquid component to a less liquid component and there was no reduction in the money supply. Therefore, the correct impact on the money supply is M1 decreases, and M2 remains unchanged.
To know more about mutual visit :
brainly.com/question/30005800
#SPJ11
How could Apple use collaborative forecasting with its suppliers
to improve its supply chain?
Apple could use collaborative forecasting with its suppliers to improve its supply chain by enhancing communication, increasing accuracy in demand forecasting, reducing inventory costs, and improving overall supply chain efficiency.
Collaborative forecasting involves sharing information and collaborating with suppliers to gather data and insights for demand forecasting. By implementing collaborative forecasting practices, Apple can improve its supply chain in several ways. Firstly, collaborative forecasting allows Apple to enhance communication and build stronger relationships with its suppliers. This leads to better information sharing, improved coordination, and increased responsiveness to changes in demand.
Secondly, by collaborating with suppliers, Apple can gain access to more accurate and timely demand data. This enables better forecasting, reducing the risk of overstocking or understocking inventory and minimizing the costs associated with inventory management.
Additionally, collaborative forecasting helps identify potential supply chain bottlenecks and enables proactive planning to mitigate disruptions. By working together, Apple and its suppliers can optimize production, reduce lead times, and improve overall supply chain efficiency. Overall, collaborative forecasting enables Apple to leverage the expertise and insights of its suppliers, resulting in a more efficient and responsive supply chain that meets customer demand effectively.
Learn more about collaborative forecasting here:
https://brainly.com/question/14840253
#SPJ11
Based on the 3% one-year return on bonds and the 2.5% inflation rate mentioned by panelist Stephen Stanley, what is the real return on bonds? The real return is %.
With a nominal return of 3% and an inflation rate of 2.5%, the real return on bonds is 0.5%. This represents the actual increase in purchasing power after adjusting for inflation.
To calculate the real return on bonds, we need to subtract the inflation rate from the nominal return. In this case, the nominal return is 3% and the inflation rate is 2.5%.
Real Return = Nominal Return - Inflation Rate
Real Return = 3% - 2.5% = 0.5%
Therefore, the real return on bonds is 0.5%.
The real return represents the actual increase in purchasing power that an investor receives after accounting for inflation. Inflation erodes the value of money over time, so it is essential to consider its impact when assessing investment returns.
In this scenario, if an investor earns a nominal return of 3% on bonds but the inflation rate is 2.5%, it means that the investor's purchasing power has only increased by 0.5% after adjusting for inflation. This indicates that the real return is relatively low.
A positive real return indicates that the investment has outpaced inflation, preserving or increasing the investor's purchasing power. Conversely, a negative real return means that the investment has not kept up with inflation, resulting in a loss of purchasing power.
Investors often consider the real return when evaluating investment options because it provides a more accurate measure of the investment's profitability in real terms. By accounting for inflation, investors can make informed decisions and assess the true value of their investment returns.
For more such questions on nominal return visit:
https://brainly.com/question/30434699
#SPJ8
According to the Market Power Spectrum, and its explanation, which of the following is the best option with which for consumers to do business? O Pure Competitors O Monopolists O Oligopolists O Monopolistic Competitors
The best option for consumers to do business with, according to the Market Power Spectrum, is Pure Competitors. So, the correct answer is Pure Competitors.
The Market Power Spectrum categorizes market structures based on the level of competition and market power. Pure Competitors represent a market structure where there are many firms offering identical products or services, and no single firm has the ability to influence market prices or outcomes. In this market structure, firms are price takers, meaning they have no market power and must compete solely based on price and quality.
Compared to other options listed, Monopolists, Oligopolists, and Monopolistic Competitors, Pure Competitors offer the highest level of competition and consumer benefits. Monopolists are characterized by a single dominant firm with substantial market power, which can lead to higher prices and reduced consumer choice. Oligopolists represent a market structure with a few large firms, potentially leading to collusive behavior and limited competition. Monopolistic Competitors have some level of product differentiation, allowing firms to have a degree of market power and influence over prices.
Therefore, Pure Competitors, with their emphasis on competitive pricing, quality, and choice, are considered the best option for consumers to do business with according to the Market Power Spectrum.
Learn more about Pure Competitors
https://brainly.com/question/28187802
#SPJ11
To help understand an organizational culture, think about some organization to which you belong. Does your company or school or fraternity/sorority have its own culture? How would you describe it? How does it influence individual decision making and action? Would you be a different person had you attended a different school or joined a different fraternity or sorority? How would you go about changing your organization’s culture?
Organizational culture refers to the shared values, beliefs, and practices that characterize an organization. An organization culture influences individual decision-making and actions. All organizations have a culture, whether intentional or not.
A company, school, fraternity, or sorority all have its own unique culture. The culture of an organization is typically defined by a combination of the behavior, policies, and norms of the organization's leaders, employees, and stakeholders. The culture of the organization can affect the actions and decisions of individuals within the organization and contribute to the overall success of the organization. If you belong to an organization, you can describe its culture by observing the values, beliefs, and practices that guide its members. It is often reflected in the behavior and attitudes of the organization's leaders and members. Individuals' decisions and actions are influenced by organizational culture. Organizations can have a significant impact on shaping the attitudes and behaviors of their members. People who belong to the same organization can develop similar values and beliefs, which can have a positive or negative impact on their decision-making. Attending a different school or joining a different fraternity or sorority can change an individual's beliefs, values, and attitudes. This is because different schools or organizations have unique cultures that shape their members' values, beliefs, and behaviors.
Changing an organization's culture requires the involvement and commitment of all members. To change the organization's culture, the organization must first identify the elements of its current culture that need to be changed. Then, the organization can develop strategies and practices to reinforce the desired values and behaviors and remove the undesirable ones.
to know about Organizational culture visit:
https://brainly.com/question/28503044
#SPJ11
Complete the sentences about structural and frictional unemployment or neither.
a) unemployment includes those involved in job search.
b) unemployment can be caused by minimum wages.
c) unemployment includes cyclical unemployment.
d) unemployment is affected by the pace of technological progress.
e) unemployment can be caused by efficiency wages.
f) unemployment occurs as a result of labor surplus in a given market.
g) unemployment can be a result of new people entering the labor force.
h) unemployment typically declines in times of high economic growth.
j) unemployment can be caused by labor unions.
Expert Answer
1st step
All steps
Final answer
Step 1/3
a) Frictional unemployment includes those involved...
The answer is a) unemployment includes those involved in job search. Those actively seeking employment are included in both structural and frictional unemployment, or neither.
Frictional unemployment, which has nothing to do with the economic cycle and is voluntary, entails people changing occupations. A downturn in a sector or a change in technology are only two examples of how changes in the economy can directly cause structural unemployment.
Short-term unemployment includes frictional unemployment. When someone actively seeks a job or a new career, they are said to be in a frictional state of unemployment. Unemployment that is only intermittent isn't always a terrible thing. In fact, since it's voluntary, frictional unemployment may be a sign of a strong economy.
Read more about structural unemployment at
https://brainly.com/question/32461010
#SPJ4
You are evaluating two different silicon wafer milling machines. The Techron | costs $265,000, has a three-year life, and has pretax operating costs of $74,000 per year. The Techron Il costs $445,000, has a five-year life, and has pretax operating costs of $47,000 per year. For both milling machines, use straight-line depreciation to zero over the project's life and assume a salvage value of $35,000. If your tax rate is 22 percent and your discount rate is 10 percent, compute the EAC for both machines. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Techron I
Techron II
Which do you prefer?
O Techron II
O Techron l
As the EAC of Techron I is $458,068.38 and that of Techron II is $572,289.36. Hence, we prefer Techron I.
Evaluation of Techron I and Techron II silicon wafer milling machines:
Let us first calculate the depreciation:
Depreciation of Techron I
= ($265,000 - $35,000) / 3
= $76,667
Depreciation of Techron II
= ($445,000 - $35,000) / 5
= $82,000.
As we know, the EAC formula can be computed as follows:
EAC = Annual cost * Annuity factor
Annuity factor for Techron I can be computed as follows:
i = 10%,
n = 3 years,
annuity factor = 2.48685
Annual cost of Techron I = Depreciation + Operating cost + Taxes
Depreciation = $76,667
Operating cost = $74,000
Taxes = 0.22 * ($76,667 + $74,000)
= $33,397
Annual cost of Techron I = $76,667 + $74,000 + $33,397
= $184,064
EAC of Techron I = $184,064 * 2.48685
= $458,068.38
Annuity factor for Techron II can be computed as follows:
i = 10%,
n = 5 years,
annuity factor = 3.79079
Annual cost of Techron II = Depreciation + Operating cost + Taxes
Depreciation = $82,000
Operating cost = $47,000
Taxes = 0.22 * ($82,000 + $47,000)
= $21,780
Annual cost of Techron II = $82,000 + $47,000 + $21,780 = $150,780
EAC of Techron II = $150,780 * 3.79079
= $572,289.36
To prefer between Techron I and Techron II, we can look at their EAC values:
We should choose the machine that has the lower EAC value.
From our calculation, we can see that the EAC of Techron I is $458,068.38 and that of Techron II is $572,289.36. Hence, we prefer Techron I.
Know more about the Depreciation
https://brainly.com/question/29894489
#SPJ11
A parking lot can fit at most 100 cars and trucks in the lot. A car covers 100 square feet and a truck covers 200 square feet of lot space. The lot space is 12 000 square feet. The charge is $20 per car and $35 dollars per truck. What is the maximal profit? Select one: a. $2400 b. None of these c. 2575 d. $2525 e. $2,390
The maximal profit can be calculated by determining the maximum number of cars and trucks that can fit in the parking lot, and then multiplying it by the corresponding charge for each vehicle type.
Number of cars = 12,000 square feet / 100 square feet = 120 cars
Number of trucks = 12,000 square feet / 200 square feet = 60 trucks
The profit from cars would be 120 cars * $20 = $2400, and the profit from trucks would be 60 trucks * $35 = $2100. Therefore, the maximal profit would be $2400 + $2100 = $4500.
The correct answer is not provided in the options given. The correct answer should be $4500, as calculated above, which is not listed among the options provided. Therefore, the correct answer is "None of these" since none of the given options match the calculated maximal profit.
Let's assume 'x' represents the number of cars and 'y' represents the number of trucks. Since a car covers 100 square feet and a truck covers 200 square feet, we can set up the following equations:
100x + 200y ≤ 12,000 (space constraint)
x + y ≤ 100 (vehicle constraint)
To maximize the profit, we need to maximize the revenue generated from cars and trucks. The revenue can be calculated by multiplying the number of vehicles by their respective charges:
Revenue from cars = x * $20
Revenue from trucks = y * $35
We want to find the values of 'x' and 'y' that maximize the revenue while satisfying the given constraints. However, based on the calculations, the maximal profit is $4500, which is not listed in the options provided.
To learn more about maximal profit : brainly.com/question/17233964
#SPJ11
U. Suppose That There Are Only Two Fishermen, Zach And Jacob, Who Fish Along A Certain Coast. They Would Each Benefit If Lighthouses Were Built Along The Coast Where They Fish. The Marginal Cost Of Building Each Additional Lighthouse Is $100. The Marginal Benefit To Zach Of Each Additional Lighthouse Is 90−Q, And The Marginal Benefit To Jacob Is 40−Q, Where
a. We might not expect to find the efficient number of lighthouses along this coast due to the presence of externalities.
An externality occurs when the actions of one party affect the well-being of others, but these effects are not taken into account by the individuals making the decisions. In this case, the marginal benefits of building additional lighthouses are not fully captured by Zach and Jacob, leading to an inefficient outcome.
b. The efficient number of lighthouses can be determined by equating the marginal cost of building lighthouses to the combined marginal benefits of Zach and Jacob. Setting the marginal cost of building each additional lighthouse ($100) equal to the combined marginal benefits, we have:
Marginal Benefit to Zach + Marginal Benefit to Jacob = Marginal Cost
(90 - Q) + (40 - Q) = 100
Simplifying the equation, we get:
130 - 2Q = 100
2Q = 30
Q = 15
Therefore, the efficient number of lighthouses is 15. If the efficient number of lighthouses is provided, the net benefits to Zach and Jacob can be calculated by subtracting the marginal cost of each lighthouse from their respective marginal benefits:
Net Benefit to Zach = Marginal Benefit to Zach - Marginal Cost = (90 - 15) - 100 = -25
Net Benefit to Jacob = Marginal Benefit to Jacob - Marginal Cost = (40 - 15) - 100 = -75
In this case, both Zach and Jacob would experience negative net benefits, indicating that they would be worse off if the efficient number of lighthouses were provided.
This is because the marginal benefits of building additional lighthouses do not outweigh the marginal costs for either fisherman.
To learn more about marginal, refer below:
https://brainly.com/question/32248430
#SPJ11
11. Suppose that there are only two fishermen, Zach and Jacob, who fish along a certain coast. They would each benefit if lighthouses were built along the coast where they fish. The marginal cost of building each additional light- house is $100. The marginal benefit to Zach of each additional lighthouse is 90 - Q, and the marginal benefit to Jacob is 40 - 0, where Q equals the number of lighthouses. a. Explain why we might not expect to find the efficient number of lighthouses along this coast. b. What is the efficient number of lighthouses? What would be the net benefits to Zach and Jacob if the efficient number were provided?
If the present value of an ordinary, 4-year annuity is $1,000
and interest rates are 6 percent, what is the present value of the
same annuity due?
If the present value of an ordinary, 4-year annuity is $1,000 and interest rates are 6 percent, An ordinary annuity is a sequence of fixed payments or receipts made at the end of each period. The annuity is called ordinary because payments are made at the end of each period.
Present Value of Annuity DueThe present value of an annuity due is the current worth of a series of equal cash payments or receipts that happen at the start of each period. The formula used for calculating the present value of an annuity due is:PV = PMT × [(1 - (1 / (1 + r)n)) / r] × (1 + r)Where PV represents the present value, PMT represents the annuity payment, r represents the interest rate, and n represents the total number of payments.
The present value of an ordinary annuity, where payments occur at the end of each period, is calculated using this formula:PV = PMT × [(1 - (1 / (1 + r)n)) / r]So, according to the given information:Present Value of Ordinary Annuity = $1,000Time = 4 yearsInterest Rate = 6%The formula for calculating the present value of the annuity due is given by:PV = PMT × [(1 - (1 / (1 + r)n)) / r] × (1 + r)PMT is the Payment that is made at the start of each period.
PV = $1,000 × [(1 - (1 / (1 + 6%)^4)) / 6%] × (1 + 6%)Using the formula, we get:
PV = $1,000 × [3.4651 / 1.06] × 1.06
PV = $1,000 × 3.2724
PV = $3,272.4The present value of the annuity due is $3,272.4 when the present value of an ordinary, 4-year annuity is $1,000 and interest rates are 6 percent.
To know more about Value visit:
https://brainly.com/question/30145972
#SPJ11
You have inherited $10,000 from your wonderful Aunt Bessie. You
decide to spend 3,182 on a vacation. The rest you will invest in a
Roth IRA. You expect it to earn 6.3% over the next 45 years. How
much
The total amount of money that would be in the Roth IRA account would be $116,523.34 in 45 years.
A Roth IRA (Individual Retirement Account) is a tax-advantaged account that enables you to save money for retirement. The income you earn in a Roth IRA is tax-free, and withdrawals are also tax-free once you reach age 59 1/2 and have had the account for five years.
A Roth IRA is an excellent method to save for retirement, and it's particularly useful for younger people, as it has a long-term benefit due to compound interest.You decide to spend $3,182 on a vacation and invest the remainder in a Roth IRA.
Therefore, the amount you are investing in the Roth IRA will be:
$10,000 - $3,182
= $6,818
Now we need to calculate how much money will be earned in 45 years with a 6.3% annual interest rate.
Using the formula for compound interest:
Final amount = Initial amount x (1 + annual interest rate) ^ number of years
Final amount = $6,818 x (1 + 0.063) ^ 45
Final amount = $116,523.34
Therefore, the total amount of money that would be in the Roth IRA account would be $116,523.34 in 45 years.
Know more about the IRA account
https://brainly.com/question/30602035
#SPJ11
Mr. Binit, Finance manager of S Ltd. is evaluating the present credit policy of his company. Under the present
policy the company is offering 3% discount for payment within 10 days. The analysis of accounts receivable
shows an average collection period of 30 days. Mr. Binit is of the opinion that the discount should be discounted
as it is affecting the profitability of the company in the present scenario of rising manufacturing cost. It is
estimated that if the discount is discontinued the average collection period would increase to 35 days. Presently
30% of the total customers are availing discount and if the discount is withdrawn, these customers can also be
expected to pay along with the other customers. The marketing manager informed him that as a result sales
might drop 2,10,000 units to 2,00,000 units per year. The selling price per unit is Rs.45. The average cost per
unit is Rs.50 and variable cost to sales ratio is 75%. The required rate of return on the company`s investment is
20%.
Question 21:- Which of the following statement is true?
a) As change in profit is negative, Mr. Binit should not go for withdrawing discount
b) As change in profit is negative, Mr. Binit should go for withdrawing discount
c) As there is no change in profit change in profit is negative, Mr. Binit should go for withdrawing
discount
d) As change in profit is positive , Mr. Binit should go for withdrawing discount
Question 22:- Increase in investment receivables is:
a) Rs.1,12,500
b) Rs.1,12,550
c) Rs.1,13,500
d) Rs.1,31,250
Question 23:- The loss of contribution due to increase in sales is_______.
a) Rs.1,13,500
b) Rs.1,14,500
c) Rs.1,12,500
d) Rs.1,15,500Question 24:- Savings in receivables investment due to decrease in sales will be_______.
a) Rs.32,480.50
b) Rs.32,812.50
c) Rs.31,812.50
d) Rs.32,012.50
Question 25:- The cost of financing the increased investment in receivables will be________.
a) Rs.29,687.50
b) Rs.9,687.50
c) Rs.19,687.50
d) Rs.11,687.50
Question 21: Under policy, the change in profit is negative, indicating a decrease in profit. Therefore, the correct statement is:
b) As change in profit is negative, Mr. Binit should go for withdrawing discount
Question 22: Increase in investment receivables is calculated as:
a) Rs.1,12,500
Question 23: The loss of contribution due to the increase in sales is calculated as:
c) Rs.1,12,500
Question 24: Savings in receivables investment due to the decrease in sales will be calculated as:
b) Rs.32,812.50
Question 25: The cost of financing the increased investment in receivables will be calculated as:
a) Rs.29,687.50
To answer the questions, let's calculate the relevant figures based on the given information.
First, let's calculate the change in profit if the discount is withdrawn:
Average collection period under the current policy = 30 days
Average collection period if the discount is withdrawn = 35 days
Change in collection period = 35 days - 30 days = 5 days
Average daily sales = Annual sales / 365 days
Annual sales = Selling price per unit * Total units sold per year
Total units sold per year under the current policy = 2,10,000 units
Total units sold per year if the discount is withdrawn = 2,00,000 units
Annual sales under the current policy = Rs.45 * 2,10,000 units
Annual sales if the discount is withdrawn = Rs.45 * 2,00,000 units
Variable cost per unit = Rs.50 * 75% (variable cost to sales ratio)
Fixed cost per unit = Rs.50 - Variable cost per unit
Contribution margin per unit = Selling price per unit - Variable cost per unit
Now let's calculate the changes in different factors:
Change in profit due to increased collection period:
Change in profit = (Change in collection period / Average collection period) * Annual sales * Contribution margin per unit
Change in profit due to decreased sales:
Change in sales = (Total units sold per year under the current policy - Total units sold per year if the discount is withdrawn) * Contribution margin per unit
Increase in investment in receivables:
Increase in investment in receivables = (Change in collection period / 365) * Annual sales
Savings in receivables investment due to decreased sales:
Savings in receivables investment = (Change in sales / Total units sold per year under the current policy) * Increase in investment in receivables
Cost of financing the increased investment in receivables:
Cost of financing = Increase in investment in receivables * Required rate of return on investment.
To know more about policy, visit
https://brainly.com/question/31259802
#SPJ11
Exercise 5 (please show your work) Storage and insurance costs on silver are $2.1 per ounce every 3 months and have just been paid. 4 months ago, the price of silver was $17.89 per ounce and you took a long position in a forward contract on silver with a quantity of 28800 ounces and that matured in 11 months (at that time). Now, the spot price of silver is $17.73 per ounce. You decide to take a position in a contract on ilver with the same quantity and maturity as your firs contract. What is your porfit/loss when ontracts mature. The risk-free rate has always been 5.26%. (15 pts)
When the contracts mature, the position results in a loss of $236,736.
To calculate the profit/loss from the forward contracts on silver, we need to consider the cost of storage and insurance, as well as the change in the spot price.
Storage and insurance costs: $2.1 per ounce every 3 months (already paid)
Spot price of silver 4 months ago: $17.89 per ounce
Spot price of silver now: $17.73 per ounce
Quantity of forward contracts: 28,800 ounces
Maturity of forward contracts: 11 months
Risk-free rate: 5.26% per year
First, let's calculate the storage and insurance costs for the 11-month period:
Storage and insurance costs per year = (2.1/3) * (12/3) = $8.4 per ounce per year
Next, we calculate the present value of the storage and insurance costs using the risk-free rate:
Present value of storage and insurance costs = (8.4 / (1 + 0.0526)) ^ (11/12) = $8.06 per ounce
To calculate the profit/loss, we need to compare the forward price (locked in 4 months ago) with the current spot price:
Profit/loss per ounce = Spot price now - Forward price
The forward price can be calculated by adjusting the spot price 4 months ago with the storage and insurance costs:
Forward price = Spot price 4 months ago + Present value of storage and insurance costs
= $17.89 + $8.06
= $25.95 per ounce
Profit/loss per ounce = $17.73 - $25.95
= -$8.22 (loss)
Total profit/loss from the forward contracts = Profit/loss per ounce * Quantity of contracts
= -$8.22 * 28,800
= -$236,736
To know more about Present value refer to-
https://brainly.com/question/28304447
#SPJ11
Inventory management is critical to every organization.
Critically examine how organizations managed the relationships
between their suppliers and customers in relation to inventory.
Inventory management is critical to every organization. Critically examine how organizations managed the relationships between their suppliers and customers in relation to inventory.
What does it entail?Inventory management refers to the process of overseeing and controlling the flow of goods and services into and out of a business.
Effective inventory management is critical to the success of every organization. Organizations have managed the relationships between their suppliers and customers in relation to inventory in various ways.
Some of these ways include the following:
1. Collaboration between suppliers and customers
Collaboration between suppliers and customers is a critical aspect of effective inventory management. Organizations need to work closely with their suppliers to ensure that they have a reliable supply of goods and services. This can help to reduce the risk of stockouts and ensure that inventory is always available when needed.2. Just-in-time (JIT) inventory management
Just-in-time (JIT) inventory management is a technique that is used to minimize inventory levels. Organizations that use JIT inventory management only order goods and services as they are needed. This helps to reduce the cost of carrying inventory and ensures that the inventory is always up-to-date.3. Vendor-managed inventory (VMI)
Vendor-managed inventory (VMI) is a technique that is used by some organizations to manage their inventory. With VMI, the supplier takes responsibility for maintaining the inventory levels of their products.
This allows the customer to focus on their core business and reduces the risk of stockouts.
4. Electronic data interchange (EDI)
Electronic data interchange (EDI) is a computer-to-computer exchange of business documents in a standard electronic format between business partners.
EDI is used by some organizations to manage their inventory.
It allows suppliers to receive orders from their customers electronically, which can help to reduce lead times and improve the accuracy of orders.
To know more on Inventory visit:
https://brainly.com/question/31146932
#SPJ11
A company just paid $10 million for a feasibility study. If the company goes ahead with the project, it must immediately spend another $94,214,155 now, and then spend $20 million in one year. In two years it will receive $80 million, and in three years it will receive $90 million. If the cost of capital for the project is 11 percent, what is the project’s NPV?
The project's NPV is $20,839,602.40. Given that A company just paid $10 million for a feasibility study. If the company goes ahead with the project, it must immediately spend another $94,214,155 now, and then spend $20 million in one year. In two years, it will receive $80 million, and in three years it will receive $90 million. The cost of capital for the project is 11 percent.
The formula for NPV is: NPV = -Initial Investment + (Cash flow / (1 + r)^t)
Where, r = Discount rate of the project
t = time elapsed when the cash flow is recorded
Let's calculate the net present value (NPV) of the project.
Initial Investment = 10,000,000 + 94,214,155 + 20,000,000
= $124,214,155
Cash flow in Year 0 = -$124,214,155
Cash flow in Year 1 = $80,000,000
Cash flow in Year 2 = $90,000,000
Cash flow in Year 3 = $0
Now, calculate NPV using the above formula: NPV = -124,214,155 + (80,000,000 / (1 + 0.11)^1) + (90,000,000 / (1 + 0.11)^2)
NPV = -124,214,155 + (80,000,000 / 1.11) + (90,000,000 / 1.2321)
NPV = -124,214,155 + 72,072,072.07 + 72,981,685.33
= $20,839,602.40
Hence, the project's NPV is $20,839,602.40.
To know more about NPV visit :
https://brainly.com/question/32153010
#SPJ11
The four possible strategies that can be pursued for each sbu are building, holding, ________, and ________.
The four possible strategies that can be pursued for each SBU (Strategic Business Unit) are building, holding, harvesting, and divesting.
1. Building: This strategy involves investing resources and efforts to expand and grow the SBU's market share, revenues, and profitability. It includes activities like product development, market expansion, and aggressive marketing to capture a larger customer base.
2. Holding: In this strategy, the SBU maintains its current market position and focuses on maintaining its existing customer base and profitability. This strategy is suitable when the market is stable, and there is limited potential for growth or when the SBU's resources are allocated to other SBUs with higher growth potential.
3. Harvesting: This strategy involves reducing investment in the SBU and maximizing short-term cash flows. The focus is on extracting as much profit as possible from the SBU, often through cost-cutting measures, reducing marketing expenses, and minimizing capital expenditures.
4. Divesting: This strategy entails selling or liquidating the SBU, usually because it no longer fits with the organization's long-term objectives or is underperforming. Divesting allows the organization to redirect resources and efforts towards more promising opportunities.
Each strategy has its advantages and should be chosen based on the SBU's characteristics, market conditions, and organizational goals.
Learn more about harvesting
https://brainly.com/question/31380322
#SPJ11
A small business takes out a bank loan of £7,000. The loan will be repaid over 5 years, with a monthly repayment of £125. The total interest the business will pay for this loan as a percentage of the total amount borrowed is:
The total interest the small business will pay for a £7,000 bank loan over 5 years is approximately 7.14% of the total amount borrowed.
To calculate the total interest paid as a percentage of the total amount borrowed, we first need to determine the total repayment amount over the loan period.
Since the monthly repayment is £125 and the loan is for 5 years (60 months), the total repayment would be £125 multiplied by 60, which equals £7,500.
The interest paid can be obtained by subtracting the original loan amount (£7,000) from the total repayment amount (£7,500), resulting in £500. To calculate the percentage, we divide the interest paid (£500) by the total amount borrowed (£7,000) and multiply by 100.
Therefore, the small business will pay approximately 7.14% (£500/£7,000 * 100) of the total amount borrowed as interest over the loan period.
Learn more about Interest click here :brainly.com/question/25845758
#SPJ11
Let's say that you are looking to invest in two stocks A and B. Stock A has a beta of 1.19 and based on your best estimates is expected to have a return of 95% Stock & has a beta of 0.85 and is expected to eam 11%, If the risk-free rate is currently 4% and the expected retum on the market is 7%, which stock(s) should you invest in, if any?
A.Do not buy stock A do not buy stock B
B.Do not buy stock A, do not buy stock Bi
C.Buy stock A, buy stock B
D.Buy stock A, do not buy stock B
E.Do not buy stock A, buy stock B
Based on the information provided, the answer would be:
You should buy stock A.
You should not buy stock B.
To determine the optimal investment choice, we need to consider the expected return of each stock relative to its risk. The expected return of stock A is 95%, while the expected return of stock B is 11%. Comparing these returns to the risk-free rate of 4% and the market's expected return of 7%, we can assess their performance.
We can start by calculating the required rate of return for each stock using the Capital Asset Pricing Model (CAPM):
For stock A:
Required rate of return = Risk-free rate + Beta of A * (Expected return of the market - Risk-free rate)
= 4% + 1.19 * (7% - 4%)
= 4% + 1.19 * 3%
= 4% + 3.57%
= 7.57%
For stock B:
Required rate of return = Risk-free rate + Beta of B * (Expected return of the market - Risk-free rate)
= 4% + 0.85 * (7% - 4%)
= 4% + 0.85 * 3%
= 4% + 2.55%
= 6.55%
Comparing the required rates of return to the expected returns, we find that stock A has a higher expected return (95%) than its required rate of return (7.57%), indicating potential profitability. However, stock B has an expected return (11%) lower than its required rate of return (6.55%), suggesting it may not be a favorable investment.
Based on these calculations, the recommended decision is to buy stock A and not invest in stock B. Stock A's expected return is higher than its required rate of return, suggesting it has the potential to generate positive returns for investors. Meanwhile, stock B's expected return is lower than its required rate of return, indicating that it may not be an attractive investment option.
To learn more about investment click here:
brainly.com/question/15105766
#SPJ11
According to the IFE, if interest rates are 4% in the U.S. and 2% in Japan, what must be the approximate expected change in the value of the USD?
The IFE is the International Fisher Effect. According to the IFE, if interest rates are 4% in the U.S. and 2% in Japan, the approximate expected change in the value of the USD must be the difference in interest rates between the two countries.
The expected change in the value of the USD is approximately 2%. The International Fisher Effect (IFE) is a theory that relates interest rates, inflation, and exchange rates. It implies that interest rate differentials between countries determine changes in exchange rates over time. According to the IFE, the expected change in the exchange rate between two countries is approximately equal to the difference in their interest rates.
In the given scenario, the interest rate in the United States is 4%, while the interest rate in Japan is 2%. Therefore, according to the IFE, the expected change in the value of the USD is approximately 2%. The US dollar should appreciate by approximately 2% relative to the Japanese yen to offset the difference in interest rates.
To know more about the interest, visit:
https://brainly.com/question/31809089
#SPJ11
What amount of money invested today is required to support 20
semi-annual "annuity" payments of $1600, with the first payment
starting exactly 5 years from today. Assume money earns an interest
ra
To calculate the amount of money required to support 20 semi-annual annuity payments of $1600, with the first payment starting 5 years from today, we can use the present value of an annuity formula.
The formula for calculating the present value of an annuity is:
PV = PMT x (1 - (1 + r)^(-n)) / r
Where PV is the present value, PMT is the payment amount, r is the interest rate per period, and n is the number of periods.
In this case, the payment amount (PMT) is $1600, the interest rate (r) will depend on the given information, and the number of periods (n) is 20 semi-annual payments, which is equivalent to 10 years.
To calculate the required amount of money invested today, we need the interest rate per period (r). Once we have that information, we can plug it into the formula to find the present value (PV).
To learn more about "annuity" payments visit: brainly.com/question/31193897
#SPJ11
Weekly demand for a product is 4,395 pounds with a standard deviation of 1,250 pounds. The lead time is 4.5 weeks, with a standard deviation of 3 weeks.
a.Suppose the store wishes to carry 5 weeks of demand as their safety inventory. What service level would they achieve? Report your answer to four decimal places.
b.Suppose the store wishes to have their service level at 99%. What is the level of safety inventory they should carry, and how many weeks of supply would that equal? Report safety inventory as an integer. Report weeks of supply to two decimal places.
a. The service level they would achieve is 0.3969.
b. The store should carry a safety inventory of approximately 6,337 pounds, which would provide them with 1.44 weeks of supply to achieve a service level of 99%.
a. To calculate the service level, we can use the formula: Service Level = 1 - (Safety Stock / Demand)
Given that the store wishes to carry 5 weeks of demand as their safety inventory, the safety stock can be calculated by multiplying the standard deviation of demand (1,250 pounds) by the square root of the lead time (4.5 weeks):
Safety Stock = Standard Deviation of Demand * Square Root of Lead Time
= 1,250 pounds * √(4.5 weeks)
= 1,250 pounds * 2.12132
= 2,651.65 pounds
Now, let's calculate the service level:
Service Level = 1 - (2,651.65 pounds / 4,395 pounds)
= 1 - 0.60314
= 0.3969 (rounded to four decimal places)
Thus, the store should achieve service level: 0.3969 (rounded to four decimal places)
b. To determine the level of safety inventory needed for a service level of 99%, we can use the inverse of the cumulative distribution function (CDF) of the standard normal distribution. The formula is: Safety Stock = Z * Standard Deviation of Demand * Square Root of Lead Time
where Z is the Z-score associated with the desired service level.
To find the Z-score, we can use a standard normal distribution table or a statistical calculator. For a service level of 99%, the Z-score is approximately 2.33.
Safety Stock = 2.33 * 1,250 pounds * √(4.5 weeks)
= 2.33 * 1,250 pounds * 2.12132
= 6,337.02 pounds (rounded to the nearest integer)
To calculate the weeks of supply, divide the safety stock by the average demand: Weeks of Supply = Safety Stock / Average Demand
= 6,337.02 pounds / 4,395 pounds
= 1.44 weeks (rounded to two decimal places)
Therefore, the store should carry a safety inventory of approximately 6,337 pounds, which would provide them with 1.44 weeks of supply to achieve a service level of 99%.
To know more about safety inventory refer here:
https://brainly.com/question/32407671#
#SPJ11
The next dividend payment by Hot Wings, Inc., will be $2.31 per
share. The dividends are anticipated to maintain a 0.05 growth rate
forever. If the stock currently sells for $22 per share, what is
the
The required return for Hot Wings, Inc. is approximately 0.1595, or 15.95%. This is calculated using the Gordon growth model, assuming a constant growth rate and using the dividend payment and stock price.
To calculate the required return, we need to consider two components: the dividend yield and the expected dividend growth rate. The dividend yield is the annual dividend payment divided by the stock price, and the expected dividend growth rate is the anticipated annual growth rate of the dividends.
First, we calculate the dividend yield by dividing the next dividend payment by the stock price:
Dividend Yield = Next Dividend Payment / Stock Price
Dividend Yield = $2.75 / $48 = 0.0573 or 5.73%
Next, we need to determine the expected dividend growth rate. It is given in the problem statement that the dividends are anticipated to maintain a 3 percent growth rate forever. We can use this information to estimate the expected growth rate.
Since the dividend growth rate is 3 percent, we can express it as a decimal by dividing it by 100: 3% / 100 = 0.03.
Finally, we calculate the required return using the Gordon Growth Model, also known as the Dividend Discount Model (DDM):
Required Return = Dividend Yield + Dividend Growth Rate
Required Return = 0.0573 + 0.03 = 0.0873 or 8.73%
Therefore, the required return for Hot Wings, Inc. is approximately 8.73%.
The complete question is :
The next dividend payment by Hot Wings, Inc., will be $\$ 2.31$ per share. The dividends are anticipated to maintain a 0.05 growth rate forever. If the stock currently sells for $\$ 22$ per share, what is the required return? Answer with 4 decimals (e.g. 0.1234)
To learn more about dividend click here:
brainly.com/question/33138735
#SPJ11
What 2 parties were involved in America's first dominant banking
coalition? Why did it come to an end? What event or events caused
this?
Please type your answer for clarity.
The two parties involved in America's first dominant banking coalition were the Federalists and the Democratic-Republicans. The coalition came to an end due to the expiration of the First Bank of the United States' charter and political disagreements.
The Federalists and the Democratic-Republicans were the two major political parties in the early years of the United States. The Federalists, led by Alexander Hamilton, advocated for a strong central government and supported the establishment of the First Bank of the United States in 1791. The Democratic-Republicans, led by Thomas Jefferson and James Madison, were more supportive of states' rights and were skeptical of a centralized banking system.
The banking coalition between these two parties formed as a compromise to address the financial challenges faced by the young nation. The First Bank of the United States, chartered for a period of 20 years, acted as a central bank and played a crucial role in regulating the nation's finances and promoting economic stability.
However, when the bank's charter came up for renewal in 1811, the Democratic-Republicans opposed its reauthorization. They believed that the bank concentrated too much power in the hands of the federal government and favored the interests of the wealthy elite. Additionally, the war with Britain and ongoing political divisions contributed to the decline of the banking coalition.
The expiration of the bank's charter in 1811 marked the end of America's first dominant banking coalition. Without the centralizing force of the First Bank, the nation faced economic challenges and had to navigate financial affairs without a unified banking system.
Learn more about Federalists
brainly.com/question/32211450
SPJ11
Links Ltd., a logistics company, is considering buying a smaller competitor in the same industry it operates in. The competitor, Smartmove Ltd., is a more technologically advanced, but resource limited, company. The management of Links Ltd. feels that the company could incorporate the technology Smartmove Ltd. has developed to realise significant cost savings and better their customer experience and therefore increase revenue. The potential customer base acquired from Smartmove Ltd. would be inconsequential to a company of Links. Ltd.’s size and does not factor into the decision. Links Ltd. wants to acquire 100% of the outstanding shares of Smartmove Ltd. given the sensitivity of the technology to its business competiveness. Links Ltd. plans to use an issue of shares to fund the acquisition. Links. Ltd. has 100m shares in issue currently trading at R10 apiece and EPS of R1.00 while Smartmove Ltd. has 10m shares in issue trading at R1 apiece with EPS of R0.10. Synergistic earnings of R5m per year is expected post the merger. Question 6 Determine the market premium if Links Ltd. makes an offer in line with the maximum exchange ratio determined from EPS and synergistic benefits and choose the nearest option below. a. 5% b. 50% c. 500% d. 5000%
The market premium, in this case, is 5,000,000%. The correct answer is option d.
To determine the market premium if Links Ltd. makes an offer in line with the maximum exchange ratio determined from EPS and synergistic benefits, we need to calculate the maximum exchange ratio first.
The maximum exchange ratio can be determined by dividing the EPS of Links Ltd. by the EPS of Smartmove Ltd., considering the synergistic earnings as well.
EPS of Links Ltd. = R1.00
EPS of Smartmove Ltd. = R0.10
Synergistic earnings = R5,000,000 (R5m)
Maximum Exchange Ratio = (EPS of Links Ltd. + Synergistic Earnings) / EPS of Smartmove Ltd.
= (R1.00 + R5,000,000) / R0.10
= (R5,000,001.00) / R0.10
= R50,000,010.00
Now, let's calculate the market premium by comparing the maximum exchange ratio to the current trading price of Links Ltd.
Market Premium = (Maximum Exchange Ratio - Current Trading Price) / Current Trading Price
= (R50,000,010.00 - R10.00) / R10.00
= R50,000,000.00 / R10.00
= 5,000,000.00
The correct answer is option d.
To know more about exchange refer to-
https://brainly.com/question/33556830
#SPJ11
Complete question
Links Ltd., a logistics company, is considering buying a smaller competitor in the same industry it operates in. The competitor, Smartmove Ltd., is a more technologically advanced, but resource limited, company. The management of Links Ltd. feels that the company could incorporate the technology Smartmove Ltd. has developed to realise significant cost savings and better their customer experience and therefore increase revenue. The potential customer base acquired from Smartmove Ltd. would be inconsequential to a company of Links. Ltd.’s size and does not factor into the decision. Links Ltd. wants to acquire 100% of the outstanding shares of Smartmove Ltd. given the sensitivity of the technology to its business competiveness. Links Ltd. plans to use an issue of shares to fund the acquisition. Links. Ltd. has 100m shares in issue currently trading at R10 apiece and EPS of R1.00 while Smartmove Ltd. has 10m shares in issue trading at R1 apiece with EPS of R0.10. Synergistic earnings of R5m per year is expected post the merger. Question 6 Determine the market premium if Links Ltd. makes an offer in line with the maximum exchange ratio determined from EPS and synergistic benefits and choose the nearest option below. a. 5% b. 50% c. 500% d. 5000,000%
In order to assess the abundance of a species in a faunal assemblage, a calculation of the smallest number of animals necessary to account for all the identified bones is generally known as the:_________
The calculation you are referring to is generally known as the "Minimum Number of Individuals" (MNI) analysis. It is used to estimate the minimum number of animals required to account for all the identified bones in a faunal assemblage.
The calculation used to determine the smallest number of animals needed to explain all the identified bones in a faunal assemblage is commonly referred to as the "Minimum Number of Individuals" (MNI) analysis. This analytical approach is employed to estimate the minimum count of individual animals present based on the identified skeletal remains.
By examining the bones and considering factors such as bone duplication and side determination, researchers can determine the MNI. This calculation allows for an estimation of the species' abundance in the faunal assemblage, providing insights into population dynamics, ecological relationships, and paleontological interpretations. The MNI analysis is a valuable tool in understanding past ecosystems and studying animal populations based on their fossilized remains.
Learn more about estimation here:
https://brainly.com/question/30746384
#SPJ11
The federal government decides to increase the level of public spending financed with higher income taxes and consumption taxes; Likewise, its objective is that the tax burden for society implies a reduction in utility that is equal in absolute terms for all taxpayers, so the measure would be equitable.
The federal government's decision to increase public spending and finance it through higher income and consumption taxes aims to achieve equity by ensuring that the tax burden leads to an equal reduction in utility for all taxpayers.
By imposing the burden uniformly, the government intends to distribute the costs of public spending more fairly across society. However, it is important to note that the effectiveness of this approach in achieving equity can vary depending on the specific design and implementation of the tax policies. Additionally, the impact on economic growth, investment, and consumer behavior should also be carefully considered when implementing such measures.
Learn more about tax here:
https://brainly.com/question/30157668
#SPJ11
Gleaning is a centuries-old tradition in France. How does the film show us some of this history?
There are various forms of gleaning seen in the film, and many different contexts. What does the film show us in the following contexts?
Agricultural:
Maritime:
Artistic:
Urban:
There seems to be a thin line, sometimes, between gleaning and stealing. How does the film help us understand that line?
The film maker, Agnès Varda, seems to have a point of view about gleaning. How would you describe that point of view?
Do you agree or disagree with the film’s point of view? Explain.
The film "The Gleaners and I" was directed by Agnès Varda, in which the director showed how the centuries-old French tradition of gleaning continues in modern-day France. It shows that gleaning is an ancient and valuable practice that has played a significant role in the history of French society. The film shows various forms of gleaning, including agricultural, maritime, artistic, and urban.
Agricultural:
In the agricultural context, the film shows how farmers leave their fields and crops after harvesting. This practice provides an opportunity for poor people to collect leftover crops. They glean the fields for any produce that was not collected during the harvest. They collect fruits and vegetables, nuts, and other crops that they can use or sell.
Maritime:
In the maritime context, the film shows fishermen who glean the fish that are left behind by the bigger boats. They use these fishes for their own consumption or sell them.
Artistic:
In the artistic context, the film shows how artists use discarded objects, junk, and garbage to create beautiful artworks. They find beauty in things that are considered worthless and transform them into works of art.
Urban:
In the urban context, the film shows how people living in cities glean from the trash. They collect objects such as furniture, clothes, books, etc., that people throw away, and these are still useful to them. The film helps us understand that line between gleaning and stealing by showing that the line can sometimes be thin. Gleaners often take from the fields, streets, and trash cans what they consider to be of value and useful. However, the film shows that the line between gleaning and stealing is determined by the law. If an object is discarded, it is no longer considered private property. However, if it is still on someone’s property, it is considered stealing. Agnès Varda's point of view about gleaning is that it is an essential practice in French society. She shows that gleaning is still prevalent in modern-day France and is performed by people from all walks of life. She portrays gleaning as an ancient and valuable tradition that has been passed down from generation to generation. I agree with the film's point of view.
The film shows that gleaning is an essential practice that has played a significant role in French society. It has helped many poor people to survive, and it has also provided artists with the opportunity to create beautiful works of art.
Learn more about French tradition: https://brainly.com/question/31913271
#SPJ11