How does the concept of inheritance relate to component-based development?
What will be an ideal response?
With object-oriented technology the implementation of a class and or its interface can be inherited by another class. For example, if you write a Person class that calculates the age of the person from his or her birth date, then its subclass, Patient, would be able to do the same by simply inheriting the implementation of Person.
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Pique Corporation wants to purchase a new machine for $281,000. Management predicts that the machine can produce sales of $220,000 each year for the next 5 years. Expenses are expected to include direct materials, direct labor, and factory overhead (excluding depreciation) totaling $90,000 per year. The firm uses straight-line depreciation with no residual value for all depreciable assets. Pique's combined income tax rate is 20%. Management requires a minimum after-tax rate of return of 10% on all investments.
What is the net present value (NPV) of the investment, rounded to the nearest whole dollar? (The PV annuity factor for 5 years, 10% is 3.791.) Assume that the cash inflows occur at year-end.
According to the Job Characteristics Model, which of the following would motivate employees the most?
A) A job that requires a lot of skills and is a small part of a project. B) A job that requires only a few skills and is an independent project. C) A job that requires only a few skills and is a small part of a project. D) A job that requires a variety of skills and is an independent project. E) A repetitive process that requires only a few skills.