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ale4655
2 months ago
13

Luis repairs air conditioners. He earned a certificate in 6 months and paid for it with one loan. He earns a good salary now and

will pay off his loan in two years. What kind of return on investment (ROI) does Luis demonstrate? Negative ROI Positive ROI Neutral ROI Can't Determine
Business
1 answer:
harina [3.8K]2 months ago
7 0

Answer:

Positive ROI

Explanation:

Investing in education is often regarded as one of the best decisions someone can make. Although it's challenging, it holds the potential to enhance one's life and future prospects.

In this instance, Luis utilized funds to obtain a certificate for air conditioning repair. His study lasted for six months, likely culminating in a certification exam. Following his success, he incurred debt, which is not ideal. However, the silver lining is that Luis now enjoys a significantly higher income. His improved salary enables him to repay his loan within two years, which is quite brief. Consider how remarkable it would be to settle your college debts in merely two years, compared to an average of twenty years.

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At Baumann's Fine Meats, the butchers will hand cut steaks to the thickness their customers specify and trim off the excess fat.
marusya05 [3725]

Answer:

Secondary Utility

Explanation:

At Baumann's Fine Meats, butchers will cut steaks to the specified thickness requested by customers and remove any extra fat. This additional service is considered Secondary Utility.

3 0
1 month ago
Suppose the daily change in price of a stock is normally distributed with mean = .20 and standard deviation = .30. What price ch
Mariulka [3825]
The value that distinguishes the lowest 25% of data from the highest 75% is -0.00235. Previous concepts: Normal distribution, which describes a "probability distribution that is balanced around the mean, indicating that data close to the mean occur more frequently than those further away from it". The Z-score is "a statistical measurement relating a value to the mean of a set of values, in terms of its distance in standard deviations from the mean". To solve the problem, let X represent the variable of interest in a population; we know the distribution for X is given by:... We want to find a value a to satisfy the condition:... Both conditions here are equivalent. We can apply the Z-score again to find the value a. The figure shows that the z value meeting the condition with 0.25 of the area to the left and 0.75 to the right is z = -0.674. Therefore, P(Z < -0.674) = 0.25 and P(z > -0.674) = 0.75. We can use condition (b) previously to derive... We know the z value that satisfies the equation, so we can proceed to solve for a, which gives us... Thus, the value that separates the lower 25% of data from the upper 75% is -0.00235.
4 0
2 months ago
Hillsong Inc. manufactures snowsuits. Hillsong is considering purchasing a new sewing machine at a cost of $2.45 million. Its ex
Mariulka [3825]

Answer:

NPV = negative 37,599

Explanation:

To determine the NPV of the new sewing machine, we subtract the investment from the present value of anticipated cash inflows.

Initial investment = Cost of machine + Training expenses - Salvage value

Initial investment = 2,450,000 + 85,000 - 250,000

Initial investment = 2,285,000

Year                                      DF(9%)   Present Value

1  Cash inflow     390,000  x 0.917      $357,798

2 Cash inflow     400,000  x 0.842    $336,672

3 Cash inflow     411,000   x  0.772     $317,367

4 Cash inflow     426,000  x 0.708     $301,789

5 Cash inflow     334,100  x 0.650     $217,077       (434,100 - 100,000)

6 Cash inflow     435,000  x 0.596    $259,376

7 Cash inflow     436,000 x 0.547     $238,507

7 Salvage value 400,000 x 0.547     $218,814  

     

Present Value of cash inflow             $2,247,401

Initial investment                                $2,285,000

NPV ($2,247,401 - $2,285,000)          (37,599)    

Conclusion: Hillsong should refrain from acquiring the new machine since the NPV is negative.      

4 0
2 months ago
Zing Inc. is a large fashion brand that manufactures clothing and shoes. The top managers of Zing have decided to use the profit
Nady [3600]

Answer:

resource allocation

Explanation:

Based on my findings on various business strategies, I can conclude that this scenario exemplifies the resource allocation aspect of a strategy. It represents how a company optimally uses its resources throughout the organization by identifying new opportunities for resources that have not been fully utilized. This is occurring here as funds that are currently underutilized are being redirected into the shoe business.

I trust this clarifies your question. Should you have further inquiries, feel free to ask.

6 0
1 month ago
Company X is planning to implement rule based access control mechanism for controlling access to its information assets, what ty
Scilla [3833]
The relevant type of access control is Discretionary Access Control.
4 0
2 months ago
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