Assume an annuity will pay $1,000 a year for five years with the first payment occurring in Year 4, that is, four years from today. When you compute the present value of that annuity using the PV formula, the PV will be as of which point in time?
A) Today, Year 0
B) Year 1
C) Year 3
D) Year 4
E) Year 2
C) Year 3
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____________ in a business context involves continual mutations designed to ensure survival of the fittest
a. Manifest b. Design c. Preparation d. Evolution e. Planning
In the network computation process what is a forward pass and what three things does it determine?
Fill in the blank(s) with the appropriate word(s).
If a consultant does not appropriately follow the OD consulting process, this is an example of which of the following ethical dilemmas?
a. misrepresentation and collusion b. misuse of data c. value and goal conflict d. technical ineptness
Boggess Corporation manufactures numerous products, one of which is called Alpha41. The company has provided the following data about this product: Unit sales (a) 120,000 Selling price per unit$86.00 Variable cost per unit 57.00 Contribution margin per unit (b)$29.00 Total contribution margin (a) × (b)$3,480,000 Traceable fixed expense 3,150,000 Net operating income$330,000 ?Management is considering increasing the price of Alpha41 by 10%, from $86.00 to $94.60. The company's marketing managers estimate that this price hike would decrease unit sales by 20%, from 120,000 units to 96,000 units. Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha41 earn at a price of $94.60 if this sales forecast is correct?
A. $1,362,00 B. $4,512,000 C. $459,600 D. $3,609,600