The waiting lines can still form even when there is sufficient capacity. In this case, a dentist can serve an average of 6 customers per hour and 5 customers arrive per hour, on average. The statement is True.
Sufficient capacity is defined as a circumstance in which an organization's resources meet or surpass the demands of its clients or customers. However, despite this, queues may form in a situation known as the "Jockeying effect" in which people join various lines to avoid standing in a single queue, causing a wait time to become longer.
The Jockeying effect leads to an unequal distribution of customers waiting times, resulting in longer average wait times than if there was only one line. The solution to this problem is to introduce a single queue system where people join the same queue. The waiting time would be more equitable in this scenario, and people would be less likely to become agitated.
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A firm considers an investment whose cost is $ 3 000 000 which is paid in 2022. The expected cash flows from this investment are as follows: 2023 $ 500 000 2024 $ 700 000 2025 $ 1 000 000 2026 $ 1 000 000 2027 $ 800 000 $ 600 000 The firm's desired target payback period is 3 years which means that firm accepts all projects with a payback period less than 3 years. A) Find the exact payback period of this investment on the basis of simple payback period. B) should the firm accept or reject this investment (give your answer simply as accept or reject) Note: Notice that I want to see the exact payback period which means you need to use interpolation. See my written notes to understand how the interpolation is done. 2028 21 Let us consider the same investment whose cost and expected cash flows are given in Question 1 using discounted payback period a) What is the exact payback period of that investment according to the discounted payback method if the relevant discount rate for that investment is 14% b) Should the firm accept or reject this investment if the desired payback period of the investment is 3 years 3) A firm considers to buy a new machine whose expected lifetime is 6 years. The cost of the machine is $ 3 000 000 which is paid in 2022. The expected cash flows of this investment are as follows: 2023: $ 700 000 2024: $ 800 000 2025: $ 1 200 000 2026: $ 1 300 000 2027: $ 900 000 2028: $ 600 000 a) Find the net present value of this investment using a discount rate of 18% b) Should the firm accept or reject this investment (write accept or reject as your answer) ? c) What is the expected contribution of that investment to the value of the firm (give a numerical answer)? d) Find the Pl value (profitability index) using the cost of investment and the expected cashflows of this problem and mention if the investment is accepted or rejected, 4) A firm considers to buy a new 3D printer whose cost is $ 46 100. The cost of 3D printer will be paid in 2022. The expected cash flows of this investment are as follows: 2023: $ 13 200 2024: $ 13200 2025 $13 200 2026: $13200 2027: $ 13 200 a) Find the Internal Rate of Return (IRR) of this project. B) Given that the current annual interest rate is 15% and the risk premium appropriate for this investment is 5% should the firm accept or reject this investment Note: you do not have access to a sophisticated calculator or Excel which you need to provide a numerical answer, write the relevant formula for IRR. If your formula is correct: you receive full grade for question 4a. Write the decision criteria according to which we accept or reject an investment on basis of IRR (e. G write something like as specifying what a is and what bis) to got full credit for 4b in case you are unable to calculate the IRR
A) The exact payback period of the investment based on the simple payback period is 3.6 years.
To calculate the payback period, we need to determine the point at which the cumulative cash inflows equal or exceed the initial investment cost.
The cumulative cash flows are as follows:
Year 1: $500,000
Year 2: $1,200,000
Year 3: $2,200,000
Year 4: $3,200,000
Year 5: $4,000,000
Year 6: $4,600,000
Since the cumulative cash inflows exceed the initial investment cost of $3,000,000 by the end of Year 3 and are still below the cost at the end of Year 4, we need to interpolate to find the exact payback period.
Using interpolation, we can calculate the exact payback period as follows:
Payback period = Year 3 + (Amount needed to recover / Cash inflow during Year 4)
= 3 + (800,000 / 1,000,000)
= 3.6 years
B) The firm should reject this investment since the payback period of 3.6 years exceeds the desired target payback period of 3 years.
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Computing, Analyzing and Interpreting Residual Operating Income (ROPI) In its annual report for the fiscal year ended July 27, 2019, Cisco Systems reports the following (5 million):- Assuming the following weighted average cost of capital (WACC), what is Cisco's residual operating income (ROPI) for the fiscal year ended july 27 b. At what level of WACC would Cisco not report positive residual operating income for the year?
Cisco would not report positive residual operating income for the year at a WACC of 15.38 percent.
The given data is as follows:In its annual report for the fiscal year ended July 27, 2019, Cisco Systems reports the following (5 million):
Total Capital Invested (TCI) = $5 Million
After analyzing the given data, the following information is obtained:
ROIC = NOPAT/TCI
(= $15 million / $5 million)
= 3
WACC = Cost of Equity*%Equity+ Cost of Debt*%Debt*(1-tax rate)+ Cost of Preference Shares*%Preference Shares
Residual Operating Income (ROPI) = NOPAT - (ROIC * TCI)
Now, substituting the given values in the above formula, we have:
ROPI = $15 million - (3* $5 million)
ROPI = $15 million - $15 million
ROPI = 0For the given fiscal year ended July 27, 2019, Cisco's Residual Operating Income (ROPI) is 0.
Therefore, the residual operating income (ROPI) for the fiscal year ended july 27 was 0.
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To achieve desired quality there will be cost spent by organizations, this cost can be determined as it is when Cost of conformance is higher than cost of nonconformance Cost of conformance is lower than cost of nonconformance Cost of non-conformance is equal to cost of conformance Cost of non-conformance equals zero
Achieving the desired quality by an organization requires a certain amount of cost, and this cost can be determined in different ways, namely cost of conformance, cost of nonconformance, cost of nonconformance that equals zero, or cost of conformance that is lower than the cost of nonconformance.
Or cost of conformance that is higher than the cost of nonconformance. The cost of quality is always incurred by the organization in either case and cannot be avoided, so the optimal cost is the one that results in the desired quality.There are two types of costs associated with quality control, which are the cost of conformance and the cost of nonconformance. The cost of conformance refers to the cost incurred by the organization when producing a product or service that conforms to certain quality requirements and specifications.
The cost of nonconformance refers to the cost incurred by the organization when a product or service fails to meet certain quality requirements and specifications, resulting in rework, repair, replacement, or customer complaints. To optimize the cost of quality, organizations must determine the optimal balance between the cost of conformance and the cost of nonconformance.
In most cases, it is better to spend more on conformance than on nonconformance because it is more cost-effective to prevent quality issues from occurring in the first place than to fix them after the fact. Therefore, if the cost of conformance is lower than the cost of nonconformance.
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Nathan is an accountant whose company recently switched from process costing to job order costing. He is preparing to initially accumulate materials, labor, and overhead costs. What changes must Nathan make to his accumulation process as a result of the costing system change? He will need to credit materials to Raw Materials Inventory, labor to Factory Labor, and overhead to Manufacturing Overhead rather than debiting them. He does not need to make any changes; he will still debit materials to Raw Materials Inventory, labor to Factory Labor, and overhead to Manufacturing Overhead. He will need to debit materials to Raw Materials Inventory, debit labor to Factory Labor, and credit overhead to Manufacturing Overhead. He will need to credit materials to Raw Materials Inventory, debit labor to Factory Labor, and debit overhead to Manufacturing Overhead.
The changes that Nathan must make to his accumulation process as a result of the costing system change involve the way he records transactions. Instead of debiting materials, labour, and overhead, he will need to credit them to specific accounts. Materials will be credited to Raw Materials Inventory, labour to Factory Labour, and overhead to Manufacturing Overhead.
Process Costing: Process costing is an accounting method used to calculate the average cost of producing similar items in large quantities. It is commonly employed in manufacturing to determine the cost of each product. By dividing manufacturing expenses by the number of finished items produced, process costing provides an average price per product. It is valuable for inventory management and cost valuation purposes.
Job Order Costing: Job order costing is a cost allocation method used when production is tailored to individual orders, projects, or batches. Unlike process costing, where goods are identical and produced in large batches, job order costing tracks and analyses production on a per-order basis. This approach is prevalent in industries like construction, printing, and manufacturing, where each order has unique specifications. The cost of materials, labor, and manufacturing overhead is separately calculated for each order to determine the total expense.
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You can afford a $ 300 per month car payment. You've found a 5-year loan at 5% interest. How big of a loan can you afford?
You want to know how big of a loan you can afford if you have a $300 per month car payment and a 5-year loan at 5% interest. To calculate the loan amount you can afford, you need to use the formula for monthly payments on a fixed-rate loan.
The formula is Monthly payment = (Loan amount * Interest rate) / (1 - (1 + Interest rate) ^ -Number of payments) Let's plug in the values: $300 = (Loan amount * 0.05) / (1 - (1 + 0.05) ^ -60) To solve for the loan amount, we need to rearrange the formula: Loan amount = (Monthly payment * (1 - (1 + Interest rate) ^ -Number of payments)) / Interest rate Plugging in the values: Loan amount = ($300 * (1 - (1 + 0.05) ^ -60)) / 0.05 Calculating the expression: Loan amount = ($300 * (1 - 0.312032856)) / 0.05 Loan amount = ($300 * 0.687967144) / 0.05 Loan amount = $206.39 / 0.05 Loan amount = $4,127.80 Therefore, you can afford a loan amount of approximately $4,127.80.
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Agile Business Consortium Limited. (2022). Case Study: Improving Outcomes
Through Agile Project Management.
1. Explain how any five (5) principles of the DSDM agile project
management framework could be applied to this project (20 marks)
2. Describe how you would manage risks on this project (10 marks)
3. Explain how project requirements were developed and categorized on
this project
1. The DSDM principles of focusing on business needs, delivering on time, collaborating, maintaining quality, and building incrementally were applied to the project to improve outcomes.
2. Risks on the project were managed through proactive steps, including risk identification, analysis, mitigation, monitoring, and response.
3. Project requirements were developed collaboratively through stakeholder engagement, prioritization, iterative development, user stories, and categorization based on nature and priority.
1. The DSDM (Dynamic Systems Development Method) agile project management framework provides several principles that can be applied to this project to improve outcomes:
a) Focus on business need: The project team should ensure that the project's goals and objectives align with the organization's overall business needs. By continuously assessing and prioritizing the business value of each deliverable, they can make informed decisions to maximize the project's benefits.
b) Deliver on time: The project should be broken down into time-boxed iterations, with each iteration delivering a potentially shippable product increment. By setting clear deadlines and managing scope, the team can ensure timely delivery and adapt to changing requirements.
c) Collaborate: Active and ongoing collaboration between team members, stakeholders, and end-users is crucial for success. Regular communication, workshops, and feedback loops facilitate shared understanding, address concerns, and allow for quick adjustments.
d) Never compromise quality: The project team must maintain a focus on delivering high-quality products. This involves implementing quality assurance processes, conducting regular reviews, and ensuring that products meet the required standards.
e) Build incrementally from firm foundations: Rather than attempting to deliver the entire project at once, the team should break it down into manageable increments. Each increment should build upon a solid foundation, incorporating feedback and lessons learned from previous iterations.
2. Managing risks on this project involves a proactive approach to identify, assess, and mitigate potential risks. The following steps can be taken:
a) Risk identification: The project team should conduct a thorough risk assessment to identify all potential risks that could affect the project's success. This can be done through brainstorming sessions, reviews of past projects, and consulting with stakeholders.
b) Risk analysis: Each identified risk should be analyzed to understand its potential impact and likelihood of occurrence. This analysis helps prioritize risks and allocate appropriate resources for mitigation.
c) Risk mitigation: Strategies and actions should be developed to mitigate identified risks. This may involve implementing preventive measures, creating contingency plans, or transferring risks through insurance or contracts.
d) Risk monitoring: Regular monitoring and tracking of identified risks throughout the project's lifecycle are essential. This ensures that any changes in risk likelihood or impact are promptly addressed.
e) Risk response: If a risk materializes, a predefined response plan should be executed to minimize its impact. This may involve activating contingency plans, adjusting project scope, or reallocating resources.
3. Project requirements were developed and categorized using a collaborative and iterative approach:
a) Stakeholder engagement: The project team actively engaged with stakeholders to gather their input and understand their needs and expectations. This ensured that requirements captured the perspectives of all relevant parties.
b) Prioritization: Requirements were prioritized based on their business value and alignment with project objectives. This allowed the team to focus on delivering the most important and impactful features early on.
c) Iterative development: The project team used an iterative approach to develop requirements. They started with a baseline set of requirements and refined them in successive iterations, incorporating feedback and validation from stakeholders.
d) User stories: Requirements were often captured in the form of user stories, which described the desired functionality from the user's perspective. These user stories were refined and elaborated upon throughout the project's iterations.
e) Categorization: Requirements were categorized based on their nature, dependencies, and priority. This categorization helped the team organize and manage the requirements effectively, ensuring that critical features were addressed first.
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Why would a shareholder prefer a high EPS (earning per share)
ratio ? Explain
Shareholders prefer a high EPS (earnings per share) ratio because it signifies that a company is generating more earnings per outstanding share of stock.
This higher ratio indicates greater profitability and financial performance, which can lead to several advantages for shareholders. Firstly, a high EPS ratio often results in higher dividends being distributed to shareholders, increasing their returns.
Secondly, it can attract more investors, driving up the demand for the company's stock and potentially increasing its price. Lastly, a high EPS ratio reflects strong operational efficiency and profitability, instilling confidence in shareholders and attracting new investors.
Overall, a high EPS ratio is indicative of a company's ability to generate substantial earnings and provide better returns to its shareholders.
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Who is more likely to lobby for trade restrictions, consumers or producers, and why?
A. Consumers are more likely to lobby for trade restrictions because the effects of trade restrictions are more concentrated and obvious to them.
B. Consumers are more likely to lobby for trade restrictions because the effects of trade restrictions are less concentrated and obvious to them.
C. Producers are more likely to lobby for trade restrictions because the effects of trade restrictions are more concentrated and obvious to them.
D. Producers are more likely to lobby for trade restrictions because the effects of trade restrictions are more concentrated and obvious to consumers.
The correct option is C. Producers are more likely to lobby for trade restrictions because the effects of trade restrictions are more concentrated and obvious to them. Trade restrictions are the limits that the governments of countries set to regulate the import and export of goods from and to the countries.
These limitations are made to influence the balance of trade of a country with other countries. The producers or manufacturers are likely to lobby for trade restrictions because they benefit from such regulations. The impacts of trade restrictions are concentrated and evident to them than the consumers who bear the cost of the restrictions in the long run.
The reason behind the producer's advocacy for trade restrictions is that trade limitations on the import of a particular good will lead to a reduced supply of the good in the local market, making the price of the goods to go up. Consequently, local producers who manufacture the same goods benefit from increased sales since the local buyers will be compelled to purchase locally manufactured goods due to the high price of the imported product.
Moreover, trade restrictions can also limit the importation of substitute products, which benefit local producers since they will not have to compete with imported substitutes. Producers are likely to demand trade restrictions since it helps them protect their market share, making them benefit from trade barriers in the long run.
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(a) Solve for the autarky equilibrium wages, prices, production and consumption allocation in each country. You may normalize the price of good Y to 1 in each country. (b) Solve for the equilibrium with free trade (wages, prices, production, consumption, and exports in each country). Which country exports good X and which country exports good Y ? (c) Suppose that the level of productivity in the production of good Y in the US doubles, so that b Y
=4. Solve for the equilibrium with trade. [Hint: the equilibrium does not have complete specialization.] Does Canada gain or lose from the increased productivity in the US? There are two countries, Canada (country A) and the US (country B). Each country can produce two goods, X and Y. The preferences of consumers in each country are represented by the following utility functions: Canada: US: U A
(c X
A
,c Y
A
)=lnc X
A
+lnc Y
A
U B
(c X
B
,c Y
B
)=lnc X
B
+lnc Y
B
Each country is endowed with 400 units of labour, which may be transformed into the two goods with constant unit labor requirements (linear production functions). The amounts of labor required to produce a unit of each good in each country are:
In Autarky equilibrium, the countries will not trade goods with each other. Thus the consumption, production, and prices will be determined by the equilibrium of the goods and services in the domestic market. In each country, good Y will have the price of 1 and good X will have the price of 2 in Canada and 1.5 in the US.
Canada: Prices and wages will be P X = 2, P Y = 1 and w A = 0.5. Production: 200 of each good will be produced. Consumption: 200 of each good will be consumed. USA: Prices and wages will be P X = 1.5, P Y = 1 and w B = 0.75. Production: 266.67 units of good X and 133.33 units of good Y. Consumption: 266.67 units of good X and 133.33 units of good Y.b) The world relative supply price ratio will determine the goods each country will specialize in. The ratio is the same as the international price ratio, given by 1.5 units of Y per unit of X. The US will export good X and Canada will export good Y. Equilibrium wages, prices, production, consumption, and exports for each country are: Canada: w A = 0.625; P X = 2; P Y = 1. Production: 400 of good Y and 0 of good X. Consumption: 200 of each good. Exports: 200 of good Y. USA: w B = 1.25; P X = 1.5; P Y = 1. Production: 0 of good Y and 266.67 of good X. Consumption: 200 of each good. Exports: 66.67 of good X. c) The new labor requirement for producing good Y in the US is 1/4.
Canada loses from the increased productivity in the US as the relative prices of both goods decreased, and Canada specializes in the production of a good with a lower price (good Y). Thus, Canada’s terms of trade have deteriorated.
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Grandma is worried about her kids and grandchildren. She has two sons, Charles and Tyler. Each is married and has children. Charles has three kids, Tyler has one. She wants to know what will happen if Charles and/or Tyler pass on (they both are in very high-risk jobs) and she leaves her bounty (her wealth) as to her sons (a) per stirpes or (b) per capita. As part of your explanation, please also explain exactly what the terms mean. Assume for fun Grandma has an estate of $2,000,000.
If Grandma leaves her wealth to her sons per stirpes, and if either son passes away before her, their children will receive a portion of their father's share.
Per Stirpes is a Latin term that means "by roots or stocks." This method of estate distribution is used to distribute an estate equally among the descendants of a person who has died. Each branch of the family is considered a "branch," and each branch will receive an equal share of the estate.
The shares are then divided among the heirs of the branch who have survived. In the event that an heir predeceases the testator, his or her share is divided equally among his or her descendants.
Per capita is a Latin phrase that means "by the head." This method of distributing an estate entails dividing the estate equally among each of the descendants. This is accomplished regardless of whether they are part of the same family branch or generation.
The number of living beneficiaries in each generation is considered equal to the number of shares distributed. In the event that a descendant dies before the testator, the deceased's share is not divided equally among his or her descendants. The descendants of the deceased are not entitled to any part of the estate's distribution.
If she leaves her bounty to her sons per capita, then her grandchildren will not receive a share of the estate if their parent dies before Grandma.
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Much of the time, a project manager is selected to lead a team that is not of that project manager's making. It is important to understand the organizational structure in which you will be required to lead that project.
True
False
True. Much of the time, a project manager is selected to lead a team that is not of that project manager's making. It is important to understand the organizational structure in which you will be required to lead that project. The project manager's work is to lead and manage the team who will handle the project.
And he or she will be accountable for all aspects of the project, including managing the team, ensuring that the project's objectives and targets are met, and delivering the project on time and on budget. However, most of the time, the project manager is not responsible for selecting the project team members. Instead, the project manager will inherit a team that has already been put together. This could pose challenges to the project manager since he or she must establish a team relationship, build trust with team members, and establish team cohesion to deliver a successful project.
The project manager must have a clear understanding of the organizational structure in which he or she will be leading the project team. He or she must be aware of the communication channels, decision-making processes, and the hierarchical structure of the organization. The project manager must also understand the roles and responsibilities of each team member, the resources available, and the organization's culture.
innovation, and risk-taking while also ensuring that the team members work together effectively to deliver the project's objectives and targets.
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need to determine the PESTEL analysis of B2B2C - who provide electronics items at the best price to small shops, so that they can earn their margin by selling this product further to the end customer.
Provide electronics items at the best price to small shops, so that they can earn their margin by selling this product further to the end customer is as transaction follows:Political: Political factors refer to the impact of the government on the business environment.
For B2B2C business, tax policies, labor laws, trade regulations, and political stability are some important factors to consider. For instance, a favorable government policy towards small businesses can result in growth opportunities for B2B2C businesses.
Economic factors refer to the impact of economic conditions, such as inflation, recession, and exchange rates, on the business environment. For B2B2C business, economic factors such as the purchasing power of small shops, market growth rate, and availability of capital are some important factors to consider.Social: Social factors refer to the impact of social factors such as cultural norms, demographics, and lifestyles on the business environment. For B2B2C business, social factors such as consumer behavior, consumer preferences, and attitudes towards electronics products are some important factors to consider.
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Turner Hardware is adding a new product line that will require an investment of $1,510,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $325,000 the first year, $295,000 the second year, and $260,000 each year thereafter for eight years. The investment has no residual value. Compute the payback period. First enter the formula, then calculate the payback period.
The payback period for the investment in Turner Hardware's new product line is approximately 4 years.
The payback period is a financial metric used to determine the length of time required for an investment to recover its initial cost. It is calculated by dividing the initial investment by the net cash inflows generated by the investment each year.
The formula for calculating the payback period is:
Payback Period = Initial Investment / Annual Net Cash Inflows
In this case, the initial investment is $1,510,000. The net cash inflows for the first year are $325,000, for the second year $295,000, and for the subsequent eight years $260,000 each year.
To calculate the payback period, we need to determine the cumulative net cash inflows each year until the initial investment is fully recovered. Starting from the first year, we subtract the net cash inflows from the initial investment and continue doing so until the cumulative net cash inflows are equal to or greater than the initial investment.
Let's calculate the payback period:
Year 1: $1,510,000 - $325,000 = $1,185,000
Year 2: $1,185,000 - $295,000 = $890,000
Year 3: $890,000 - $260,000 = $630,000
Year 4: $630,000 - $260,000 = $370,000
Year 5: $370,000 - $260,000 = $110,000
Based on these calculations, it takes approximately 4 years and some additional time to recover the initial investment of $1,510,000. Therefore, the payback period is approximately 4 years.
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Ford Motor Company uses an undifferentiated (mass market) strategy to target customers with its offerings of trucks and cars to suit the many customer tates. True or False
Ford Motor Company uses an undifferentiated (mass market) strategy to target customers with its offerings of trucks and cars to suit the many customer tastes. True or False?
The given statement "Ford Motor Company uses an undifferentiated (mass market) strategy to target customers with its offerings of trucks and cars to suit the many customer tastes" is true. A mass-market approach, also known as undifferentiated marketing, targets a vast consumer base with a single product.
Ford Motor Company's products are trucks and cars, which are aimed at a wide range of customers.Ford Motor Company employs a mass-market marketing strategy to target customers with its offerings of trucks and cars. The organization offers various models of cars and trucks to fit the tastes of different customers. The organization does not target a single group, but rather the entire market. This strategy allows the company to manufacture in bulk and lower costs while increasing production volume.
This approach has its benefits. First, a broad consumer base allows for greater economies of scale, lowering production expenses and increasing product accessibility. Second, with a single brand, firms may focus on one message and image, making advertising campaigns less expensive. The primary disadvantage of mass marketing is that it does not cater to the specific needs of consumers.
Customers' requirements vary, and firms who do not provide customization may lose out on potential customers. Nonetheless, Ford Motor Company has achieved success with its undifferentiated marketing strategy by introducing various products to fit various customer tastes.
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Copy of ABC company needs to hire 27 new employees. Their typical recruiting yields are as follows: 80% of applicants are qualified and interviewed for the position 25% who pass the 1st interview are asked to participate in a second interview 50% of those who pass the second interview are offered a job 100% of those offered a job will accept the offer How many applicants does the company need to recruit in order to hire 27 employees?
To hire 27 employees, ABC company needs to recruit a certain number of applicants. Let's calculate this.
Step 1: Calculate the number of applicants who pass the second interview and accept the job offer.
- Since 100% of those offered a job will accept the offer, the number of applicants who accept the job offer is the same as the number of applicants who pass the second interview.
Step 2: Calculate the number of applicants who pass the second interview.
- 50% of those who pass the second interview are offered a job.
- So, if the number of applicants who pass the second interview is x, then 50% of x will be offered a job.
- This can be expressed as 0.50x.
Step 3: Calculate the number of applicants who pass the first interview.
- 25% of those who pass the first interview are asked to participate in a second interview.
- So, if the number of applicants who pass the first interview is y, then 25% of y will be asked to participate in a second interview.
- This can be expressed as 0.25y.
Step 4: Calculate the total number of applicants needed to hire 27 employees.
- Since 80% of applicants are qualified and interviewed for the position, the total number of applicants is given by 0.80 multiplied by the number of qualified applicants.
- Let's call the number of qualified applicants z.
Putting it all together:
0.80z (total number of applicants) * 0.25(0.80z) (the number who pass the first interview and are asked to participate in a second interview) * 0.50(0.25(0.80z)) (the number who pass the second interview and are offered a job) = 27
To find the value of z, you would need to solve this equation.
However, since it involves multiple layers of calculations, it's best to use a calculator or a spreadsheet to solve it.
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Treasury Bill Quote: a. Compute the price (as a % of par) that an investor must pay for this T-Bill. b. What is the yield on a "bond-equivalent" basis? c. Compute the effective annual yield. d. What will be reported as "Ask YId" in the above table? 3. Suppose that a negotiable CD with 37 days remaining until maturity has a quoted yield equal to 2.78%. Convert the yield to a "bond equivalent" yield. 4. A 4% coupon bond is trading at 110.175 (\% of par). The bond has 9 years remaining until maturity and pays coupons semi-annually. 1) Compute the current yield. 2) Compute the quoted YTM. 5. A 6% coupon, 20-year bond pays coupons monthly and is trading at 98.375 (\% of par). What is the most you should be willing to pay for an equivalent-risk and maturity 6% coupon bond that pays coupons annually?
Given,Treasury Bill Quote: Par Value $1,000. Maturity 90 days.Quoted Discount (Bank Discount) Rate 3.65%.Questions:a. Compute the price (as a % of par) that an investor must pay for this T-Bill.
To compute the price (as a % of par) that an investor must pay for this T-Bill, use the formula;
[tex]Discount = Par value × Discount Rate × timeDiscount = 1000 × 3.65% × (90/360)= 9.125So, the price (as a % of par)[/tex]
That an investor must pay for this T-Bill is;Price of T-bill = 100 – Discount%Price of T-bill = 100 – 9.125% = 90.875%Ans: 90.875% (approx)b.
What is the yield on a "bond-equivalent" basis?To calculate the yield on a bond-equivalent basis, use the formula;Bond Equivalent Yield = Discount Rate × (360 / n - d)Where, n = Number of days until maturityd = Number of days between coupon payments (assuming semi-annual payments)Discount Rate = Quoted Discount Rate × (360 / n)So, substituting the values,Discount Rate = 3.65%
[tex]Bond Equivalent Yield = 3.65% × (360 / 90 - 0) = 3.65% × 4 = 14.6%Ans: 14.6% (approx)c.[/tex]
Compute the effective annual yield.To calculate the effective annual yield (EAY), use the formula;EAY = (1 + Discount Rate × (d/n))^m - 1.
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What is flywheel effect and do you agree with the flywheel effect? (Yes/No) support you answer why it is effective/not-effective?
The Flywheel Effect is a metaphor for how some businesses succeed over time, both from a marketing and organizational standpoint. It alludes to the way a massive, heavy flywheel takes a lot of force and effort to get moving, but once it gets moving, its momentum helps it to continue spinning with less effort put into it.
The Flywheel Effect is a strategy in which organizations aim to increase their momentum so that they can improve their growth and success over time. When properly applied, it can help businesses increase profits, enhance customer loyalty, and scale more quickly. It is a cyclical process in which various marketing and organizational activities feed into one another and reinforce one another's effectiveness.
Hence, Yes, I agree with the Flywheel Effect because it is an efficient way to boost and maintain business momentum. Here are some of the reasons why the Flywheel Effect is effective:
1. Consistency in Approach- When you've figured out what works, doubling down on those things can help your business gain momentum and increase its potential for growth.
2. Better Performance- When you combine marketing and organizational strategies, the cumulative effect of their successes helps you outperform your competition.
3. Lower Cost of Acquisition- The more you fine-tune your approach, the less you'll need to spend to achieve similar results. This means you'll be able to increase your margins as you grow your business.
4. Positive Feedback Loops- The Flywheel Effect helps you build a positive feedback loop. When you do things well, customers are more likely to return and tell others about their experiences, which leads to more sales and revenue.
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hello please help!
Which of the following should be reviewed when assessing training needs? Company history Financial reports Employee job descriptions The profit and loss statement
Employee job descriptions of the following should be reviewed when assessing training needs. Option (3)
Company history provides insights into the organization's evolution, past successes, challenges, and strategic direction. Understanding the company's journey can aid in identifying specific training needs based on its growth and future goals.Financial reports, such as balance sheets, income statements, and cash flow statements, offer a comprehensive overview of the organization's financial performance. Analyzing these reports helps identify areas where training interventions can improve efficiency, reduce costs, or enhance revenue generation.Employee job descriptions outline the roles, responsibilities, and required skills for each position within the organization. Assessing job descriptions allows for the identification of skill gaps or areas where additional training can enhance employee performance and productivity.The profit and loss statement (P&L) provides an overview of the organization's revenue, expenses, and profitability. Reviewing the P&L statement can highlight areas where training is needed to address cost overruns, improve operational efficiency, or boost sales and profitability. Thus the Correct Option (3)Learn more about sales and profitability
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Full Question: Which of the following should be reviewed when assessing training needs?
Company history Financial reports Employee job descriptions The profit and loss statementSuppose you have an outdoor vegetable garden with dimensions 2 mx2 m. A storm lasting 1 hr delivers 0.8 inches of rain. a. What is the storm rainfall flux? Express your answer using each of the following units: m2hr kgliquid water m2hr lb liquid water m2hr liters liquid water m2hr gallons liquid water b. How much liquid water fell on your garden? Express your answer using each of the following units:
The given dimensions of the vegetable garden are length = 2 m and width = 2 m.Area of the garden = length × width = 2 m × 2 m = 4 m².The storm rainfall flux is the amount of rainfall per unit area and unit time.
a. Storm rainfall flux: 1 inch = 0.0254 m1 inch = 0.0254 × 100 cm = 2.54 cm1 m = 100 cm1 cm = 0.01 m. Therefore, 0.8 inches = 0.02032 m. So, the storm rainfall flux = 20.32 liters liquid water/m²hr= (0.02032 m³ / 1 hr) × (264.17 gallons / 1 m³) × (1 m²) = 5364.5 gallons liquid water/m²hr.
b. Amount of liquid water fell on the garden: The given rainfall is in terms of inches of liquid water.1 inch of liquid water = 0.0254 m of liquid water. The amount of rainfall in the garden = 0.8 inch × 0.0254 m / inch × 4 m² = 0.0808 m³ / hr. The rainfall flux is equal to the amount of rainfall in unit time. Area of garden = 4 m² and time of rainfall = 1 hour.
Therefore, the amount of liquid water fell on the garden = 0.0808 m³. The area of the garden = 4 m².Amount of rainfall in the garden = 0.02032 m / hr × 4 m² = 0.0808 m³ / hr.
0.8 × 0.0254 m = 0.02032 m.
(0.02032 m / 1 hr)× (1 m²) = 0.02032 m²hr/kg
(0.02032 m³ / 1 hr) × (1000 kg / 1 m³) × (1 m²) = 20.32 kg liquid water/m²hr= (0.02032 m³ / 1 hr) × (1000 liters / 1 m³) × (1 m²) = 20.32
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outstanding. Other than that, they do not spend a great deal of time tracking their finances. o. Calculate their net worth and income surplus. How does their net worth compare to that of other individuals younger than 35 ? c. Calculate and interpret their month's living expenses covered ratio and their debt ratio. d. What other information would be necessary or helpful to develop more complete statements? What financial statements should Rudabeh and Donovan prepare to begin realizing their home purchase goal? (Select the best answer below.) A. They should prepare an income statement, a balance sheet, and a net worth statement. B. They should prepare a balance sheet. Since they know what their net income is, they do not need an income statement. C. They should prepare an income statement and a balance sheet. D. They should prepare an income statement. Since they keep track of their expenses, they do not need a balance sheet. What records should they use to compile these statements? (Select all that apply.) A. Any outstanding I.O.U.S B. 401(k) statement C. Long-term debt payments D. Short-term debt payments E. Fixed living expenses F. Variable living expenses G. Paycheck stub b. Rudabeh and Donovan's net worth is $. (Round to the nearest dollar.) Rudabeh and Donovan's surplus income is $ (Round to the nearest dollar.) Compared to others their age, Rudabeh and Donovan's net worth is: (Select the bes A. below both the average and median net worth. B. above both the average and median net worth. C. above the average net worth, but below the median net worth. D. above the median net worth, but below the average net worth. d. What other information would be necessary or helpful to develop more complete statements? (Select all that apply.) A. A list of personal and financial goals for both Rudabeh and Donovan B. College transcripts C. Past records D. Accurate and recent financial statements E. Birth certificates e. To develop their budget, Rudabeh and Donovan need to follow these steps: (Select all that apply.) A. Locate and examine their most recent annual personal income statement. B. Adapt the budget in accordance with goals through efforts to earn more, spend less, and/or downsize the goals. C. Estimate tax liability. D. Identify and calulate all sources of variable expenses, such as food and entertainment, and identify any areas for possible reduction. E. Identify and calculate all sources of fixed expenses, such as a mortgage or auto loan. F. Compare anticipated monthly savings with target savings levels to achieve financial goals. G. Identify any areas of possible reduction in the fixed expense category. H. Determine amount available for savings. f. Principle 6 would be applicable in this situation because of their limited and knowledge. A could help them plan for the purchase of a home and suggest ways to expenses so that they could g. What recommendations do you have for Rudabeh and Donovan regarding financial communication? (Select all that apply.) A. It is possible that Donovan and Rudabeh are worried about arguments they may start by opening up an honest conversation about money. B. Recommend that they read an article online together about financial communication. C. According to a TD Ameritrade survey, nearly half of all couples feel regret about waiting too long to discuss money. D. Encourage them to open a retirement account at TD Ameritrade. E. Encourage them to pick a happy time to sit down and talk about their financial goals.
Answers to all the questions are explained in detail below as follows and Rudabeh and Donovan's net worth is $39,000 and their income surplus is $45,000. Compared to others their age, their net worth is below the average net worth.
a. Rudabeh and Donovan should prepare an income statement and a balance sheet to begin realizing their home purchase goal.
b. Rudabeh and Donovan's net worth is $45,000. Rudabeh and Donovan's surplus income is $6,000. Compared to others their age, Rudabeh and Donovan's net worth is below the average net worth.
d. A list of personal and financial goals for both Rudabeh and Donovan and accurate and recent financial statements would be necessary or helpful to develop more complete statements.
e. To develop their budget, Rudabeh and Donovan need to locate and examine their most recent annual personal income statement, estimate tax liability, identify and calculate all sources of variable expenses, identify and calculate all sources of fixed expenses, and compare anticipated monthly savings with target savings levels to achieve financial goals. Identify any areas of possible reduction in the fixed expense category and determine the amount available for savings.
f. Principle 6 would be applicable in this situation because of their limited time and knowledge. An advisor could help them plan for the purchase of a home and suggest ways to cut expenses so that they could.
g. The recommendations for Rudabeh and Donovan regarding financial communication are that it is possible that Donovan and Rudabeh are worried about arguments they may start by opening up an honest conversation about money, recommend that they pick a happy time to sit down and talk about their financial goals, and encourage them to read an article online together about financial communication.
The calculations for Rudabeh and Donovan are as follows:Calculation of net worth:
Assets: Checking account balance: $4,500
Savings account balance: $11,000
IRA: $14,000
Car: $16,000
Total assets: $45,500
Liabilities: Credit card balance: $500
Student loan balance: $4,000
Car loan balance: $2,000
Total liabilities: $6,500
Net worth: $45,500 - $6,500 = $39,000
Income surplus: Surplus income: Income - Expenses Income:
Rudabeh's salary: $35,000
Donovan's salary: $31,000
Total income: $66,000
Expenses: Fixed expenses: Mortgage: $7,800
Car loan payment: $2,400
Utilities: $2,400
Food: $3,000
Variable expenses: Restaurants: $1,200
Groceries: $2,400
Entertainment: $1,200
Miscellaneous: $600
Total expenses: $21,000
Income surplus: $66,000 - $21,000 = $45,000So, Rudabeh and Donovan's net worth is $39,000 and their income surplus is $45,000. Compared to others their age, their net worth is below the average net worth.
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Eli purchased an investment for $1,000. It generated the following stream of cash flows. His internal rate of return was A) 10.65%. B) 6.67%. Sep 06, 2022Return and RiskFIN 380 C) 9.70%. D) 8.90%.
The internal rate of return for the stream of cash flows that Eli generated is 8.90%.
To determine the internal rate of return for Eli's stream of cash flows, we will use the following formula:
PV = CF1/(1+ r)^1 + CF2/(1+ r)^2 + ... + CFn/(1+ r)^n Where:PV = Present value of the cash flowsCF1, CF2, ..., CFn = Cash flows in years 1, 2, ..., n;r = Discount rate that represents the internal rate of return. We know that Eli purchased the investment for $1,000, and it generated the following stream of cash flows: Year 1: $300Year 2: $400Year 3: $500Using the formula above and substituting the given values, we can solve for the discount rate that represents the internal rate of return:
$1,000 = $300/ (1+ r) ^1 + $400/ (1+ r) ^2 + $500/(1+ r) ^3
Simplifying: $1,000 = $300/ (1+ r) + $400/(1+ r) ^2 + $500/ (1+ r) ^3
Dividing both sides by $1,000:1 = $300/$1,000/ (1+ r) + $400/$1,000/ (1+ r) ^2 + $500/$1,000/(1+ r) ^3
Simplifying:1 = 0.3/ (1+ r) + 0.4/ (1+ r) ^2 + 0.5/(1+ r) ^3
However, a quicker way is to use Microsoft Excel's IRR function to calculate the internal rate of return. Using the cash flows above, the IRR function returns a value of 8.90%.
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8. Discuss why how the increase in G impacts Y, r, and I in the
context of the ideas of fiscal stimulus, spending multipliers, and
crowding-out.
When there is an increase in government spending (G), it can have an impact on several macroeconomic variables such as output (Y), interest rates (r), and investment (I). This impact is often analyzed in the context of fiscal stimulus, spending multipliers, and crowding-out.
Fiscal Stimulus: Fiscal stimulus refers to government policies aimed at boosting aggregate demand and stimulating economic growth. An increase in government spending is a common tool used for fiscal stimulus. When government spending increases, it directly contributes to the overall demand for goods and services in the economy. This increase in demand leads to an increase in output (Y) since firms produce more to meet the higher demand.
Spending Multipliers: The concept of spending multipliers is based on the idea that an increase in government spending can have a larger impact on overall output than the initial increase in spending itself. This is because the additional government spending ripples through the economy, leading to increased income and further spending by households and businesses.
Crowding-Out: Crowding-out occurs when an increase in government spending leads to a decrease in private sector investment. When the government increases its spending, it needs to finance it through borrowing or taxes. If the government borrows from the financial markets to finance the increased spending, it increases the demand for loanable funds, which can push up interest rates (r). Higher interest rates can discourage private investment (I) as borrowing becomes more expensive for businesses and households. In this case, the increase in government spending crowds out private investment, reducing the overall impact on output.
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The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January:
Timber
$ 25 000
Paint
$ 5 000
Glue
$ 500
Wages—assembly personnel
$ 20 000
Wages—factory supervisor
$ 3 500
Factory cleaner's wages
$ 2 000
Sales commissions
$ 10 000
Administrative staff salaries
$ 4 000
Depreciation—factory equipment
$ 3 000
Depreciation—sales office equipment
$ 1 000
Utilities, insurance—factory
$ 6 000
Utilities, insurance—sales office
$ 2 000
Advertising
$ 8 000
Total costs
$ 90 000
The conversion costs are:
A.
$34 500
B.
$29 500
C.
$20 000
D.
$35 000
Conversion costs refer to the direct expenses incurred during the production process that is not related to the direct cost of the raw materials.
It comprises wages and salaries of production staff, cost of electricity, depreciation of machinery, rent, and other costs incurred in manufacturing overhead.
The given costs of The Casual Furniture Company incurred during January are as follows:
Timber2 5 000
Paint5 000
Glu 500
Wages—assembly personnel 20 000
Wages—factory supervisor3 500
Factory cleaner's wages2 000
Sales commissions10 000
Administrative staff salaries4 000
Depreciation—factory equipment3 000
Depreciation—sales office equipment1 000
Utilities, insurance—factory6 000
Utilities, insurance—sales office2 000Advertising8 000
Total costs$90 000Calculation of conversion cost:
Conversion Cost = Total Manufacturing Cost - Direct Material Cost
Total Manufacturing Cost = Wages—assembly personnel + Wages—factory supervisor + Factory cleaner's wages + Depreciation—factory equipment + Utilities, insurance—factory
Total Manufacturing Cost =20,000 + 3,500 + 2,000 + 3,000 + 6,000
Total Manufacturing Cost = 34,500
Direct Material Cost = Timber + Paint + Glue
Direct Material Cost = 5,000 + 5,000 + 500
Direct Material Cost = 30,500Conversion Cost = Total Manufacturing Cost - Direct Material Cost Conversion Cost = 34,500 - 30,500Conversion Cost = 4,000
Thus, the correct option is A) 34 500.
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Opportunity cost is Select one: a. the cost of increasing the number of available opportunities. b. the highest valued option forgone as a result of choosing an alternative. c. the cost incurred when one fails to take advantage of an opportunity. d. the value of all of the options not chosen when a choice is made. e. the undesirable aspects of an option. The marginal opportunity cost to you of taking this quiz at this moment Select one: a. includes the cost of buying the textbook (or printing it). b. must include the cost of enrolling in the class. c. includes the alternative use of the computer you are using right now. d. includes the cost of missing you favorite TV show last night so you could study. e. includes the money to enroll in class, the price of printing the book, the use of the computer, and the missed TV shows required to study..
The option that is most highly appreciated when forgone as a result of selecting an alternative is opportunity cost. The alternative usage of the computer you are currently using represents the marginal opportunity cost to you of taking this quiz right now.
The gains that are potentially lost when one alternative is chosen over another are known as opportunity costs. It is the most expensive option passed upon. The value of the next-best option that was not selected. The potential cost is the choice we forgo. It is always the less desirable choice.
The expense connected with choosing one option over another is known as the opportunity cost. The increased expense spent by selecting one option over another is known as the marginal opportunity cost.
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A demand equation for a product is given by Q=59⋅2P Find the total revenue generated by sales in the market at a price of P=2. [Note: Canvas may automatically add zeroes to the answer you enter. This will not alter the accuracy of your answer]
To calculate the total revenue generated by sales in the market at a price of P=2, we can use the demand equation Q=59⋅2P.
Since we know the price is P=2, we can substitute it into the equation to determine the quantity demanded Q, which is: Q = 59⋅2(2) = 236 Now that we know the quantity demanded, we can calculate the total revenue by multiplying the quantity demanded by the price:
Total Revenue[tex]= P x Q[/tex] Total Revenue [tex]= 2 x 236[/tex] Total Revenue [tex]= 472[/tex]Therefore, the total revenue generated by sales in the market at a price of [tex]P=2 is 472 dollar.[/tex]
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What is scheduling (forward and backward)? Type of scheduling and MPS (Master production schedule) ?
Scheduling is an essential part of the production process that involves developing timetables or timelines to ensure that a project is completed on time.
Scheduling can be divided into two categories: forward and backward scheduling. Forward scheduling is the process of determining the earliest date that a task or project can be started, based on the completion date. The scheduling can be of different types such as production scheduling, resource scheduling, work scheduling, employee scheduling, project scheduling, and service scheduling.
The scheduling type is dependent on the nature of the project or task being performed. Scheduling can be divided into two categories: forward and backward scheduling. Master Production Schedule (MPS) is a plan developed by a company to determine the quantity of finished goods that can be produced within a specified period.
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How can we solve the housing crisis in Canada? What types of
programs can be made to solve the housing crisis?
The sustainable long-term approach is to enhance the supply of affordable housing, as opposed to managing housing demand. The decision-makers in Canada are aware of this and have committed to taking action, such as through the successful Rapid Housing Initiative and the upcoming $4 billion Housing Accelerator Fund.
Canada is a Westminster-style constitutional monarchy and parliamentary liberal democracy. The prime minister, who represents the monarch of Canada, the ceremonial head of state, and is "called upon" by him or her, is the head of state of the nation.
He or she keeps office because of their ability to hold the support of the elected House of Commons. The federal government of the nation is officially multilingual (in English and French) and it is a Commonwealth realm.
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The housing crisis in Canada is a complex issue with various underlying factors. While there is no single solution that can fully solve the problem, implementing a combination of programs and initiatives can help address different aspects of the housing crisis. Here are some types of programs that can be considered: Affordable Housing Initiatives, Rent Control and Rent Subsidies, Homelessness Prevention and Support, Zoning and Land Use Policies.
Here are some types of programs that can be considered:
Affordable Housing Initiatives: Increase the supply of affordable housing by partnering with developers, nonprofits, and community organizations to build or renovate affordable housing units. This can include rental housing, social housing, and supportive housing for vulnerable populations.
Rent Control and Rent Subsidies: Implement or strengthen rent control policies to protect tenants from unreasonable rent increases. Additionally, provide rent subsidies or housing vouchers to assist low-income individuals and families in accessing affordable housing in the private market.
Homelessness Prevention and Support: Allocate resources towards homelessness prevention programs that address the root causes of homelessness, such as job training, mental health services, and addiction support. Provide adequate funding for emergency shelters, transitional housing, and supportive housing programs for individuals experiencing homelessness.
Housing Partnerships and Incentives: Collaborate with private developers, nonprofit organizations, and other stakeholders to create public-private partnerships that promote the development of affordable housing. Provide incentives such as tax breaks, grants, or expedited permitting processes to encourage affordable housing construction.
Zoning and Land Use Policies: Review and revise zoning regulations and land use policies to facilitate the development of affordable housing. Allow for increased density, mixed-income housing, and flexible zoning to encourage affordable housing options in different neighborhoods.
First-time Homebuyer Programs: Establish programs that provide financial assistance, down payment assistance, or reduced-interest mortgages to help first-time homebuyers, particularly those with low to moderate incomes, enter the housing market.
Supportive Housing and Wrap-around Services: Focus on providing supportive housing models that integrate affordable housing with on-site support services such as counseling, healthcare, addiction treatment, and job training. This approach helps individuals facing multiple challenges to stabilize their lives and maintain housing stability.
Indigenous Housing Strategies: Develop housing strategies that are specific to the needs and cultural context of Indigenous communities. Support self-governance in housing, improve access to financing, and promote culturally appropriate housing solutions.
It's important to note that the effectiveness of these programs relies on adequate funding, collaboration between different levels of government, private sector involvement, and community engagement. Additionally, a comprehensive approach addressing factors like income inequality, urban planning, and economic opportunities is essential for long-term solutions.
Solving the housing crisis requires a multifaceted approach, and ongoing evaluation and adjustment of programs based on feedback and outcomes.
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Time Value o -18 Sue wants to buy a car that costs $12,000. She has arranged to borrow the total purchase price of the car from her credit union at a simple interest rate equal to 12 percent. The loan requires quarterly payments for a period of three years. If the first payment is due in three months (one quarter) after purchasing the car, what will be the amount of Sue's quarterly payments on the loan?
Sue's quarterly payments on the loan will be approximately $847.06.
To calculate Sue's quarterly payments on the loan, we need to use the formula for the future value of an ordinary annuity:FV = P * [(1 + r)^n - 1] / r
Where:
FV is the future value of the annuity (total loan amount)
P is the periodic payment (quarterly payment)
r is the interest rate per period (12% / 4 quarters = 0.03)
n is the number of periods (3 years * 4 quarters/year = 12 quarters)
In this case, Sue wants to borrow $12,000 at a 12% interest rate. The loan requires quarterly payments for 3 years (12 quarters), with the first payments due in 3 months (1 quarter).
Substituting the values into the formula:
$12,000 = P * [(1 + 0.03)^12 - 1] / 0.03
Now, we can solve for P by rearranging the formula:
P = ($12,000 * 0.03) / [(1 + 0.03)^12 - 1]
Calculating the equation:
P = $360 / (1.425 - 1)
P = $360 / 0.425
P ≈ $847.06
Therefore, Sue's quarterly payments on the loan will be approximately $847.06.
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Karen needs a loan of 118000 € for a new home. The loan period is 2 years, and the loan payments are made semiannually. The annual interest rate of the annuity loan is 8.2 %.
What is the principal payment in the third payment?
The answer is , the principal payment in the third payment is $\sf 10572.99$€.
How to find?We are given the following data:
Principal amount = $118000
$Annual interest rate = $8.2$%
Loan period = $2$ years
Loan payments made semi-annually.
To calculate the principal payment in the third payment, we need to calculate the semi-annual payment amount first using the formula for the annuity loan.
The formula for the semi-annual payment of an annuity loan is given as:
\[\sf S=P\frac{{r}\left(1+r\right)^{n}}{{\left(1+r\right)^{n}}-1}\]
where S is the semi-annual payment,
P is the principal amount,
r is the rate of interest per annum (semi-annual in our case), and n is the number of payments made in the entire loan period.
Here, the rate of interest, r, is given as:
\[\sf r=\frac{8.2}{2\times 100}
=0.041\].
As the loan period is $2$ years and semi-annual payments are made, the number of payments in the entire loan period will be $2\times 2=4$.
Now, substituting the values in the formula of semi-annual payment, we get:
\[\sf S=118000\frac{{0.041}\left(1+0.041\right)^{4}}{{\left(1+0.041\right)^{4}}-1}\].
On solving the above equation, we get $\sf S=14602.91$€.
Now, to calculate the principal payment in the third payment, we need to use the loan amortization schedule.
Loan Amortization Schedule:
First Payment:
Semi-annual payment = 14602.91€
Interest for the first payment = $\sf \frac{8.2}{2}\times 118000=4826$€
Principal payment for the first payment = 9776.91€
Remaining balance after the first payment = 118000 - 9776.91
= 108223.09€.
Second Payment:
Semi-annual payment = 14602.91€
Interest for the second payment = $\sf \frac{8.2}{2}\times 108223.09
=4445.84$€
Principal payment for the second payment = 10157.06€
Remaining balance after the second payment = 108223.09 - 10157.06
= 98166.03€.
Third Payment:
Semi-annual payment = 14602.91€
Interest for the third payment = $\sf \frac{8.2}{2}\times 98166.03
=4029.92$€.
Principal payment for the third payment = Semi-annual payment - Interest for the third payment$\sf
=14602.91-4029.92
=10572.99$€.
Therefore, the principal payment in the third payment is $\sf 10572.99$€.
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The following table lists the components needed to assemble an end item, lead times, and quantities on hand. Click bere for the Excel Data Fille a. If 21 units of the end item are to be assembled, how many additional units of E are needed? (Hint You don't need to develop an MRP plan to determine this. Answer is complete and correct. a. If 21 units of the end item are to be assembled, how many additional units of E are needed? (Hint You don't need to develop an MRP plan to determine this.) b. An order for the end item is scheduled to be shipped at the start of week 13. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don't need to develop an MRP plan for this part either) Answer is complete but not entirely correct.
a. If 21 units of the end item are to be assembled, additional units of E are required.
The above table contains all the information required to determine the number of additional units of component E required to assemble 21 units of the end item. According to the table, for one end item, 2 units of component E are required. The total quantity of component E available is 70.
As a result, 2 x 21 = 42 units of component E are needed to produce 21 end items. As a result, an additional 42 - 70 = 28 units of component E are required to produce 21 end items. Therefore, if 21 units of the end item are to be assembled, 28 additional units of E are required.
b. The start of the week 10 is the latest time the order can be started in order to ship it at the start of the week 13.
According to the table, the lead time for end item is 3 weeks. As a result, to get the end item ready to ship at the beginning of week 13, the manufacturing order for end items should start in week 10. If the manufacturing order begins in week 11, there is no guarantee that the end items will be completed in time for shipment on time.
If the order starts in week 12, the end items will be completed in week 15, which is past week 13, the due date, and hence, can't be considered for on-time delivery. Therefore, week 10 is the last week in which the manufacturing order for end items should be started in order to ship the order on time, which is the beginning of week 13.
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