On December 31, 2020, Berclair Inc. had 200 million shares of common stock and 3 million shares of 9%, $100 par value cumulative

The choices for this inquiry are not provided; here is the section that is absent:

What two kinds of departmentalization can be seen in this instance?

A. Product and customer

B. Product and geographical

C. Customer and geographical

D. Functional and customer

E. Geographical and functional

The correct response to this query is B. Product and geographical

Explanation:

Departmentalization is the process of forming departments, units, etc., within businesses to enhance goal achievement and allocate roles and tasks. This can occur based on various factors such as geography, products, or functions.

In the situation of Spicy Dish, a distinct geographical departmentalization is apparent since the distributor has organized units according to location, allowing the company to have a unit in every significant geographical area like North America, Europe, etc. Additionally, this firm has established units according to products as it has created two distinct units in North America, with each focusing on a different product (beans/salsa.)

Response:

C. Locate a lender that is prepared to provide FHA loans.

Explanation:

The FHA loan program was established by the U.S. government to make home ownership more accessible for citizens. To qualify, the minimum credit score required is 500, with a down payment of 3.5% for scores of 580 or above, and 10% for scores between 500 and 579. Additionally, mortgage insurance must be acquired, and the proposed property must comply with FHA standards.

However, it is not within his control to find a lender offering FHA loans, as the lender must be sanctioned by the Federal Housing Administration. He can only secure a loan from a financial institution approved by the FHA.

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.      

Explanation:

According to the information provided, Jake’s Cabins is a modest motel chain located close to the national parks in Utah, Wyoming, and Montana, and the recorded data for guest nights in June is as follows:

4400, 3600, 2250, 2400, and 100.

To calculate the total guest nights for June, we will sum these amounts. This calculation results in:

= 4400 + 3600 + 2250 + 2400 + 100

= 12750

Thus, the total guest nights for June amount to 12750