What is the origin of the term “benchmark”? How does this apply to cost and management accounting?

Discuss how Diageo's strategy relates to the cost/differentiation and focus strategies .

Discuss how Diageo's strategy relates to the cost/differentiation and focus strategies .

Can BlackRock (Investment management) lower the cost of education? If so how?

Explain the preferred use of historical cost as the basis for recording property and equipment and intangible assets.

If the marginal revenue of a dozen tulips is $12 and marginal cost is $8, why wouldn’t this be an optimal level of production? Please also explain your answer with a figure.

The operation cost of a company is $500,000 this year (year 0). The company expects an annual cost of $100,000 from year 1 to year 5, and the cost decreases by 4% each year from year 6 to year 12. What's the equivalent annual worth if all the expenses occur within years 1-12 ( I=10%)

Xcel is considering a project that has a cost of $12mi, and subsequent cash flows of 3.9mi. for the next 5 years. The firm recognizes that if it waits 1 year, it would have more information about the project, but the cost can go up to $13 mi. There is a 70% chance that market conditions will be favorable if Xcel waits a year, in which case the project will generate net cash flow of $4.6mi. for 5 years. There is a 30% chance that market conditions will be poor, in which case the project will generate net cash flow of $2.5mi. for 5 years. Assume the discount rate is 9%.

a.) Calculate NPV of the project if the firm decides to invest today.

b.) Calculate NPV of the project at t= 0 if the firm decides to wait a year.

Consider the Stackelberg duopoly but with different firms. In particular, the marginal cost of Firm A (leader) is cA and the marginal cost of Firm B (follower) is cB with 0 < cA < cB. We also need to make the following additional assumptions (for the equilibrium to make sense): (a) a > cA, (b) a > cB, and (c) a + 2cA ? 3cB > 0. What is the sub-game perfect Nash equilibrium?

Assume that XYZ Corporation is a leveraged company with the following information: Kl = cost of equity capital for XYZ = 13 percent i = before-tax borrowing cost = 8 percent t = marginal corporate income tax rate = 30 percent Calculate the debt-to-total-market-value ratio that would result in XYZ having a weighted average cost of capital of 9.3 percent and 13 percent respectively