Sam Jackson is thinking about buying a new machine that will reduce his annual labor cost by $2,000 per year. The machine will last for 4 years. The interest rate used for management decisions is 8 percent. What is the maximum amount Jackson should pay for the machine?
a. $13,466
b. $6,624
c. $18,428
d. $9,021
b
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Mackenzie is taking forever to buy a pair of jeans because she is considering all the factors involved, such as price, color, and style. Which method is being used to evaluate the various brands?
A) cognitive mapping approach B) evoked set C) multiattribute approach D) affect referral
Which of the following is not a reason why an efficient supply chain is important to retailers?
A. Higher return on investment B. Strategic advantage C. Improved product availability D. Trendier merchandise E. Improved in-stock position
Discuss the fundamental risk and control issues associated with fixed assets that are different from raw materials and finished goods
Singapore Airlines Raffles Class is an example of a(n) ____________
a. branded house b. endorsed brand c. house of brands d. sub-brand e. clear strategy