A medium-size consulting engineering firm is trying to decide whether it should replace its office furniture now or wait and do it 1 year from now. If it waits 1 year, the cost is expected to be $14,500. At an interest rate of 15% per year, what would be the equivalent cost now

Answer:

The equivalent cost now for taking replacement decision of the furniture is $12,608.70

Decision: As the equivalent cost is less than the actual cost therefore the firm should repalce the furniture to minimise the replacement cost of the furniture in future.

Explanation:

If the furniture is to be repalced after one year then its equivalnet present value will be computed as follows:

[tex]\begin{aligned}\text{Present Value}&=\frac{\text{Cost}}{1+\text{Interest rate}}*\text{Number of year}\\&=\frac{\$14,500}{1+0.15}*1\\&=\$12,608.70\\ \end{aligned}[/tex]

How can the government help the economy? State ways and explanations.

Ben is a successful salesperson with Victor International Inc.He sells capital goods to large industries.He is expected to give a presentation to a client for a $100 million deal.While waiting in the lobby before the presentation,he may feel _____.
A) episodic acute stress
B) role ambiguity
C) felt stress
D) chronic stress
E) situational stress

What report in QuickBooks Online will show whether a client was profitable for a specific period?

Suppose you are planning for retirement in a two-period world. In the first period you are young and earn $1 million, and in the second period you are old and retired and earn nothing. The interest rate is initially 10 percent, but then it falls to 7 percent. After the interest rate falls, the:

a. income effect will induce you to consume more when you are young.
b. substitution effect will induce you to consume less when you are young.
c. change in interest rates affects the substitution effect but not the income effect.
d. substitution effect will induce you to consume more when you are young.

A Registered Investment Adviser has discretionary control over 50 accounts that range in value from $200,000 to $1,500,000. She receives a free due diligence trip from a real estate limited partnership sponsor to inspect a property in Florida. She is enthusiastic about the investment potential and purchases a $50,000 real estate limited partnership unit in the property for each of her accounts. The RIA disclosed the fact that she received the free trip to each of her customers before making the purchases. Which statement is TRUE?

Select all that apply Given the accounts below, choose all of the ones that affect equity. (Check all answers that apply.) Multiple select question. Cash Common Stock Accounts Payable Revenues Dividends Expenses Mortgage Payable

A key factor in determining which type of modified report to issue is _______.
a. objectivity
b. materiality
c. independence
d. existence

What is a brand audit?
A. The response of a local focus group

B. A comparison of your business and your competitors' businesses

C. An annual analysis of customer perceptions versus your branding efforts

D. A government assessment

The greeting you use while at work after picking up the phone can be protected under trademark law.

a. True
b. False

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a. discrepancy of quantity
b. accumulation deficit
c. sorting error
d. discrepancy of assortment
e. bulk-breaking

Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a(n) ________ style of leadership.
A) transformational
B) transactional
C) charismatic
D) laissez-faire
E) employee-oriented

what are the reasons for looting in South Africa other than politics​

provincial government ​

categories of rights
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ways in which Shoprite could deal with right to dignity in the workplace​

Which Personal Protective Equipment (PPE) and essential paperwork must be worn/carried at all times (select all that apply)

Which of the following control objectives is achieved by reviewing and testing control procedures over physical inventory count?
A) Validation of purchase transactions
B) Verification of existence of inventory
C) Authorization of the manufacturing orders
D) Posting and summarization of inventory transactions

A software company developed a new virus protection software named LockDown. The box containing the CD displayed the company name and a small blue badge, as well as information about the product installation. Which of the following would be considered the logo in this scenario?

a. Blue badge
b. Box
c. Company name
d. Product information

Mention the importance of hotel management?​

A/an
is a self-employed person who agrees to work for
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A. wage-earning employee
B. salaried employee
C. exempt employee
D. independent contractor
SUBMIT

three ways businesses can use creative thinking to solve business problems

Tempo Company's fixed budget (based on sales of 16,000 units) for the first quarter of calendar year 2017 reveals the following.
Fixed Budget
Sales (16,000 units) $ 3,264,000
Cost of goods sold
Direct materials $ 384,000
Direct labor 672,000
Production supplies 448,000
Plant manager salary 184,000 1,688,000
Gross profit 1,576,000
Selling expenses
Sales commissions 128,000
Packaging 240,000
Advertising 100,000 468,000
Administrative expenses
Administrative salaries 234,000
Depreciation—office equip. 204,000
Insurance 174,000
Office rent 184,000 796,000
Income from operations $ 312,000
Complete the following flexible budgets for sales volumes of 14,000, 16,000, and 18,000 units. (Round cost per unit to 2 decimal places.)
TEMPO COMPANY
Flexible Budgets
For Quarter Ended March 31, 2017
------Flexible Budget------ ------Flexible Budget at ------
Variable Amount per Unit Total Fixed Cost 14,000 units 16,000 units 18,000 units
Sales
Variable costs:
Direct materials
Direct labor
Production supplies
Sales commissions
Packaging
Total variable costs 0.00 0 0 0
Contribution margin
Fixed costs:
Plant manager salary
Advertising
Administrative salaries
Depreciation - Office equip.
Insurance
Office rent
Total fixed costs 0 0 0 0
Income from operations

When is China's economy set to overtake US?​

While there are many methods of recruiting needed talent for an industry, SHRM is interested in capturing
students by saying "here is a career opportunity" for you. In preparing for a career in HR, these new busines
leaders will need to be

A. Inflexible and consistent

B. Creative, adaptive, and agile

C. Unyielding

D. Transactional leaders

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A. centralized economy.
B. capitalist economy.
C mixed economy.
D. pure free-market economy.

An employee that has unpaid bills might exhibit the following fraud factor: __________a. Rationalization b. Pressure c. Opportunity

At a party after your high-school football game there are several under-age people consuming alcohol. As you leave, you notice an unconscious guy looking really bad. His friends are concerned that he needs medical attention, but they are afraid that they'll be arrested if they take him to the hospital . You volunteer to take him to the hospital because you know that TABC will not cite him for illegal possession or consumption of alcohol since this is a life or death situation and getting medical attention immediately is critical . Are you correct that the guy who drank all the alcohol will not be arrested even if TABC is at the hospital ?

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how do you register partnerships firm in Nepal?​

Diamond really likes to shop at Lands' End because of the stylish designs and the many choices. Whether it's a T-shirt, slacks, or swimwear, Diamond always finds something she likes in the right size and in the right color. Which factor is considered the most critical in determining where customers like Diamond choose to shop