Question 1 of 10 A group of company executives have a lengthy list of new product ideas that
have been submitted by a team of employees. They are discussing which
ideas seem most likely to succeed based on their experience in the field over
many years. For the most part they agree about which ideas should be
removed from consideration and which should move forward, though
sometimes an idea is accepted because of strong support from only one of
the executives. What process is taking place?
A. Idea screening
B. Idea generation
C. Business analysis
D. Commercialization

Dahlia enterprises needs someone to supply it with 127,000 cartons of machine screws per year to support its manufacturing needs over the next five years, and you’ve decided to bid on the contract. it will cost you $940,000 to install the equipment necessary to start production; you’ll depreciate this cost straight-line to zero over the project’s life. you estimate that in five years, this equipment can be salvaged for $77,000. your fixed production costs will be $332,000 per year, and your variable production costs should be $11.00 per carton. you also need an initial investment in net working capital of $82,000. if your tax rate is 30 percent and your required return is 11 percent on your investment, what bid price should you submit? (do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))