a company has already invested $5 million in developing a new product. the marketing department reports that the introduction of competing products has reduced the expected sales of the new product to $3million. if it would cost an additional $2 million to produce the product, should the company produce the product?

Answers

Answer 1

The total cost involved in the project will be $7 million. The most that can be made from the project's development will be not more than $3 million. In such a situation, no one will go ahead with the project.

The cost initially invested, i.e., $5 million, cannot be recovered—an additional $2 million is required to finish the product's development. If the product development is stopped, then the entire investment your $5 million will be wasted but you if you spend the additional $2 million, you will still be at a loss of $4 million. Putting additional $2 million to save only $1 million is still a huge loss and is not the right decision.

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Related Questions

An example of a real estate asset that trades in the public equity market is: _______
a) real property.
b) home mortgages.
c) equity reits.
d) commercial mortgage backed securities (cmbs)

Answers

An example of a real estate asset that trades in the public equity market is Equity REITs. Option C

This is further explained below.

What is real estate?

Generally,  Real estate is a type of property that includes both the land and the structures that are located on it, as well as the land's natural resources, which may include things like crops, minerals, or water.

The equity market, sometimes referred to as the stock market and the share market is a venue for the trading of shares in businesses or other organizations.

The market provides a forum for buyers and sellers of equity or shares to engage in transactions together.

Over-the-counter stock trades and those conducted on regulated stock exchanges both take place in the framework of global finance.

In conclusion, Stock REITs are a kind of real estate investment that may be purchased and sold on the public equity market. Alternative C

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Question 13 (5 points)
Which of the following arguments would an economist use in favor of sustainable development?

Improved education is the key to economic development.

Rapid development causes environmental problems for the whole world.

There is not enough wealth in the world to sustain development.

Less developed countries need to industrialize quickly to keep up.

Answers

Answer:

Improved education is the key to economic development.

Explanation:

What is development without education, then we will just go back to the Savage civilization, education is fundamental in our professional and personal life, it deals with everything. Like industrialization, cooking, economic development and everything else. So for sustainable development for a developed or developing country one needs education to become skilled and help in the development of ones country

Commercial hotels are usually in downtown or _____________ districts.

Answers

The answer is Business Districts

Answer:

buisness

Explanation:

nicole wants to create a database to collect information about videos in her video rental store. she would like to use the database to look up movies by rating, actors, producer, and title. she would also like to retrieve the movies that are in stock. what fields should she have in her database? title, rating, actor, and producer title, rating, actor, and producer title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock rating, director, and actor rating, director, and actor product number, price, and rating product number, price, and rating

Answers

Answer:

D on edge

Explanation:

title, rating, actor 1, actor 2, actor 2, actor 4, producer, and in stock

During year 1, albrecht sold his personal sport plane that had an adjusted basis to him of $112,000 to roy for $140,000. roy paid $40,000 as a down payment and agreed to pay $20,000 per year plus interest for the next 5 years. what is the amount of gain to be included in albrecht’s gross income for year 1?

Answers

Answer:

$8000

Explanation:

Given that:

Adjusted basis of sport plane = $112,000

Sales price = $140,000

Down payment = $40,000

Balance paid in $20,000 installment for the nest 5 years

Gross income:

Gross income = sales price - adjusted basis

Gross income = $140,000 - $112,000

Gross income = $28,000

Based on the installment payment of $20,000:

140,000/20,000 = 7

Gross income = $28000/ 7 = $4000

With down payment being 40,000

In year 1, down payment of $40,000 was made, which is 2 times the yearly installment amount.

Hence gross profit in year 1 = $4000 × 2 = $8000

when smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force. how would this practice help the company to become a low-cost producer?

Answers

As smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force, this practice would help the company smart electric condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force by constructing efficient large-scale facilities.

Smart Electric condensed saw the potential for not only a cost savings, but also an improvement in their operations when they decided to consolidate all their parts factories into one large location.

This move enabled them to increase their research and development, as well as their customer service, while simultaneously decreasing their sales force.

This was accomplished by constructing efficient large-scale facilities that allowed for the production of all their parts under one roof. The cost savings and increased efficiency enabled them to better serve their customers and make better use of their resources.

As a result, Smart Electric has been able to provide its customers with quality products and services, while reducing its overhead costs.

The consolidation of their parts factories into one large location has been instrumental in allowing Smart Electric to succeed.

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suppose a households annual income is $60,000. predict how much they spend on food per year. write your answer as a number (do not include the $ sign or comma) and round to 1 decimal place.

Answers

If a household's annual income is $60,000, they will spend about $5820 on food per year.

Suppose a household's annual income is $60,000. If they spend a significant percentage of their income on food, we can predict how much they spend on food per year. The typical food cost in the United States is about 9.7 percent of a household's income. We can use this percentage to make our prediction.CalculationPercentage of income spent on food = 9.7% of $60,000Percentage of income spent on food = (9.7/100) x $60,000Percentage of income spent on food = $5820

Therefore, if a household's annual income is $60,000, they will spend about $5820 on food per year.

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Which of the following is a law stating that customer service representatives must be aware of and trained to comply with all applicable data and privacy laws in order to protect their customers, but must also develop good data handling habits to protect the organization against risks and liability issues associated with privacy and identity theft?


Jorgen-Bond, Privacy Rule

(DREA), Privacy Rule

Gramm-Leach-Bliley Act, Privacy Rule

(HIPAA), Privacy Rule

Answers

Answer:

HIPAA, Privacy Rule

Explanation:

took the test

Antitrust laws have economic benefits that outweigh the costs if they a. prevent mergers that would decrease competition and lower the costs of production. b. prevent mergers that would decrease competition and raise the costs of production. c. allow mergers that would decrease competition and raise the costs of production. d. None of the above is correct because antitrust laws never have economic benefits that outweigh the costs.

Answers

Answer:

b. prevent mergers that would decrease competition and raise the costs of production

Explanation:

Antitrust laws are set up to prevent unfair advantage by a firm or group of firms in the market. The main aim is to provide a level playing field for all forms in a particular industry.

This is done by increasing competition among the firms and reducing cost of production.

Cost reduction help new firms to enter the market easily.

So antitrust laws have economic benefits when they prevent mergers that would decrease competition and raise the costs of production.

How do banks create money?
a) by issuing loans and opening checking accounts
b) by holding money in their vaults
c) by charging interest
d) by printing it

Answers

C

Banks do not really have any goods to sell, they’re in the business of holding money for others and loaning that money out to others, normally with interest. It is the interest off of loans that normally create income and allow the bank to have a positive cash flow.

The correct answer is option B) by holding money in their vaults.

How does a bank make money?

Banks make money from service charges and fees. These fees vary based on the products, ranging from account fees (monthly maintenance charges, minimum balance fees, overdraft fees, non-sufficient funds (NSF) charges), safe deposit box fees, and late fees.

Where do banks borrow money from?

Banks can borrow from the Fed to meet reserve requirements. The rate charged to banks is the discount rate, which is usually higher than the rate that banks charge each other. Banks can borrow from each other to meet reserve requirements, which are charged at the federal funds rate.

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Most mainstream economists agree that if the government maintains a relatively neutral fiscal policy with a cyclically adjusted budget deficit or surplus of no more than 2% of GDP, ______ is doing its job.

Answers

Most mainstream economists agree that if the government maintains a relatively neutral fiscal policy with a cyclically adjusted budget deficit or surplus of no more than 2% of GDP, it is doing its job.

Maintaining a relatively neutral fiscal policy means that the government aims to balance its spending and revenue over the economic cycle. A cyclically adjusted budget deficit or surplus refers to the budget balance adjusted to account for the fluctuations in economic conditions. If the government manages to keep this deficit or surplus within 2% of the Gross Domestic Product (GDP), it is considered as an optimal approach by most mainstream economists.

This approach recognizes the need for the government to respond to economic conditions, such as recessions or booms, by implementing appropriate fiscal policies. By keeping the budget deficit or surplus within a reasonable range, the government can avoid excessive borrowing or excessive accumulation of surpluses, which can have negative consequences on the economy.

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Which is the correct sequence for recording transactions and preparing financial statements? journal,
ledger, trial balance, financial statements.

Answers

The correct sequence for recording transactions and preparing financial statements is first comes journal entry followed by ledger account then trial balance then financial statements

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Organizations use marketing research to gather data about _____. (Select all that apply)

their customers
new products they are considering
employees they want to hire
their customers’ preferences

Answers

Answer:

b and d

Explanation:

because i know

how has technology changed communication over the past decade?​

Answers

Answer:

Explanation:

Advancements in technology and changes in communication generally go hand in hand. Landlines displaced the telegraph and cell phones replaced landlines. The arrival of the internet opened new doors of personal communication. E-mails replaced postal mails and social media took the place of text messages

The process used to analyze customers' reactions to a new product is called _____

Answers

The process used to analyze customers' reactions to a new product is called market research.

Market research involves gathering and analyzing data about customers, their preferences, and their responses to a product or service. It aims to provide insights into consumer behavior, market trends, and customer satisfaction. Various methods are employed in market research, such as surveys, focus groups, interviews, and data analysis. By understanding customers' reactions to a new product, companies can assess its market potential, identify areas for improvement, and make informed business decisions. Market research helps businesses gain valuable insights into their target audience, enabling them to refine their marketing strategies and enhance the product's success in the market.

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Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.

Answers

Answer:

Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.

new haven products has used lifo inventory valuation for the life of the company. each year, their lifo reserve increases. what can be assumed about the prices of inventory?

Answers

It can be assumed that the prices of inventory is increasing.

The LIFO method is an inventory system where the inventory purchased last is assumed to be the first to be sold. Ending inventory would be made up of inventories that were first purchased.

The FIFO inventory is an inventory system where the first purchased inventory is assumed to be the first to be sold. Ending inventory consists of inventory that was purchased last.

The LIFO reserve is the difference between the FIFO inventory and the LIFO inventory.

LIFO reserve = (FIFO inventory) - (LIFO inventory).

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Finding a job that matches your skills and interests, and finding a job that has a positive job outlook are both important things to consider when selecting a career. Which do you think is more important? Why?
<< Read Less

Answers

Answer: Finding a job that matches your skill and interest.

Explanation:

This is very important and it majorly one of the key things to consider when applying for jobs. Sometimes, desperation makes people take any job without thinking if they like the job or not and this is bad as it will hinder the success of such person in the firm.

A typical example of this is applying for a job that requires proficiency in microsoft office packages and you literally have no knowledge but you only applied considering the Positive outlook of the firm, they are no two ways about this, you'd perform woefully if being asked simply because you don't possess the skill.

Finding a job that matches your skills and interest tends to make the job more enjoyable as you will be more motivated to keep the job and will find great pleasure in carrying out the task given. It also aids your career development as well, according to the saying practice makes perfect, doing what you love will continually help you to grow and develop yourself in your chosen field.

Bonds are basically also known as what?

a
Loans
b
Contracts
c
Volatile Investments
d
None of the Above

Answers

bonds are basically known as

b)contracts

how quickly should congress act to remedy an ad excess or ad shortfall? what are the risks of quick fiscal policy responses?

Answers

Congress should act as quickly as possible to remedy an ad excess or shortfall, but not so quickly that they make a hasty decision that could cause unintended consequences.

The longer they wait, the worse the problem can become and the more difficult it can be to fix. However, there are risks associated with quick fiscal policy responses. One of the biggest risks is that the policy may be ineffective or counterproductive. For example, if Congress tries to stimulate the economy by increasing spending, but the spending is inefficient or does not reach the intended target, then the policy could actually make things worse. Another risk is that quick fiscal policy responses can create economic instability. If Congress reacts too quickly to a perceived problem, then it may be creating a false alarm and causing unnecessary panic in the markets. This can lead to investors pulling their money out of the economy, which can have a detrimental effect on businesses and households. Finally, quick fiscal policy responses can be expensive. If Congress acts too quickly, then it may be spending money on policies that are not effective or that create more problems than they solve. This can lead to wasted resources and a further deterioration of the economy. In conclusion, Congress should act quickly to remedy an ad excess or shortfall, but they should do so with caution. They need to carefully consider the potential risks and benefits of any fiscal policy response and make sure that they are taking actions that are effective, efficient, and sustainable.

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Using the attached table, what is the present value today of $2,300 received two years from now with a rate of return equal to 4%?

Answers

The present value today of $2,300 received two years from now with a rate of return equal to 4% is $2,103.62.

Given,

Future value = $2,300

Rate of return = 4%

Time period = 2 years

We have to find the present value of $2,300.

To find the present value, we can use the present value formula. The formula is given by;

Present value = Future value ÷ (1 + r)n

where,

r = Rate of return

n = Time period

Using the values in the formula, we get;

Present value = $2,300 ÷ (1 + 0.04)2

Present value = $2,300 ÷ (1.04)2

Present value = $2,103.62

Therefore, the present value today of $2,300 received two years from now with a rate of return equal to 4% is $2,103.62.

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The productivity of camera/drone pats is affected by a variety of factors that include.

Answers

The size of assembly quality incentives paid to camera/drone PATs, how well the company's overall total compensation package (excluding overtime pay) per camera/drone PAT member compares to the camera/drone all, and other factors are some of the factors that influence the productivity of both camera PATs and drone PATs.

A methodical approach to giving employees financial value in exchange for their labor is called compensation. Compensation can help with recruitment, job performance, and job satisfaction, among other things.

Compensation typically refers to a monetary payment made to a person in exchange for their services. Employees earn compensation at their places of employment. It includes salary or wages, commission, as well as any bonuses or benefits that are connected to the particular employee's position.

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Which economic system best defines: Lowest amount of economic freedom?

Answers

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price.  All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

according to the aicpa code of professional conduct, what would a covered member most appropriately do upon learning that another member of an attest engagement team is considering employment with the client?

Answers

According to the AICPA code of professional conduct, the covered member should notify an appropriate person in the firm upon learning that another member of an attest engagement team is considering employment with the client.

What is AICPA code of professional conduct?

The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The code outlines requirements for auditor independence, objectivity, and integrity as well as obligations to customers and coworkers and behaviors that are detrimental to the accounting profession. The code must be written, revised, and reissued by the AICPA every year on June 1. In his speech to the American Association of Public Accountants' annual meeting in 1907, Joseph Edmund Sterrett discussed the controversy and problems surrounding the creation of a code of professional conduct.

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If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?.

Answers

Answer:

An investor will be able to sell these shares for a higher price and make a profit.

Explanation:

This is because the investor can sell the share for a higher price as people see the company is doing well.

Who is mr. wolfshiem? question 4 options: he is the owner of gatsby's favorite restaurant in new york. he secretly arranged to have a member of the mob murdered outside the restaurant. he is jordan baker's coach and manager. he thinks jordan is spending too much time with nick and not enough on her golf. he is a racketeer and a business associate of gatsby's. he fixed the 1919 world series. he is the president of the company where nick is working. he wants to bring gatsby in on a new real estate deal.

Answers

Mr. Wolfshiem is secretly arranged to have a member of the mob murdered outside the restaurant. Therefore, option B is correct.

Who is Mr. Wolfshiem ?

Wolfsheim is a dubious individual, having connections to the underworld of commerce. He gives Nick the sense that Gatsby's money may have an unsavory origin, and that Gatsby may even be connected to the same type of organized crime that Wolfsheim is.

Wolfsheim informs Nick that Gatsby is a "Oggsford" man and a "Oggsford gentleman" who is "extremely careful with women" while Gatsby is absent from the table. Gatsby is the "sort of man you'd like to take home and introduce to your mother and sister," according to Wolfsheim.

Thus, option B is correct.

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Which of the following is a fixed cost for a company that sells greeting cards online and mails the printed cards to customers?

Answers

Answer:

D

Explanation:

A. The paper and glue to make the cards B. Hourly workers who assemble and ship the cards C. Packaging and shipping costs D. A paper cutting machine

Fixed costs are costs that do not vary with output. e,g, rent, mortgage payments

If production is zero or if production is a million, Mortgage payments do not change - it remains the same no matter the level of output.  

Hourly wage costs and payments for production inputs are variable costs

Variable costs are costs that vary with production

If a producer decides not to produce any output, there would be no need to hire labour and thus no need to pay hourly wages.  

Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply

Answers

Ans: people with skills that are high in demand but low in supply

They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply

Maya deposits $500 in her savings account and earns a simple interest of 5 percent. What will be the balance in her account after two years?

A. $1,000
B. $550
C. $600
D. $577.50
E. $527.50

Answers

Answer:

B. $550

Explanation:

\(A = p(1 + \frac{r}{100} ) {}^{n} \\ = 500(1 + \frac{5}{100} ) {}^{2} \\ = 550 \: dollars\)

Lightskins or Darkskins


Or Other ?

Answers

Answer:

any kind of boy

Explanation:

I have no type

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