Given: Annual demand (D) = 100,000 units Ordering cost (S) = $50 per order Inventory-carrying cost (H) = $4 per unit Direct answer(a). The EOQ in units is given by the formula as, EOQ = `sqrt(2DS/H)`Substituting the given values, EOQ = `sqrt(2*100000*50/4)` = 5000 units. Therefore, the EOQ is 5000 units.
(b). The number of orders per year is given by the formula as, Number of orders = `D/EOQ `Substituting the given values, Number of orders = 100,000/5000 = 20 orders. Therefore, the number of orders per year is 20 orders.
(c). The annual ordering cost is given by the formula as, Annual ordering cost = `S*D/EOQ` Substituting the given values, Annual ordering cost = 50*100000/5000 = $1000. Therefore, the annual ordering cost is $1000.The annual holding cost is given by the formula as, Annual holding cost = `(H*EOQ)/2`Substituting the given values, Annual holding cost = (4*5000)/2 = $10000. Therefore, the annual holding cost is $10000.The annual total cost is given by the formula as, Annual total cost = `S*D/EOQ` + `(H*EOQ)/2`Substituting the given values, Annual total cost = 1000 + 10000 = $11000. Therefore, the annual total cost is $11000.
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Dixie Corporation distributes $31,000 to its sole shareholder, Sally. At the time of the distribution, Dixie's Earnings and Profits (E&P) is $25,000 and Sally's basis in her Dixie stock is $10,000. Sally's basis in her Dixie stock after the distribution is (A). $31,000 (B). $25,000 (C). $10,000 (D). $4,000
Answer:
(D) $4,000
Explanation:
Initial amount distributed is $31,000
Earnings and Profit (E & P) $25,000
Therefore, Distribution in excess of earnings and Profit would be;
= Initial amount distributed - Earnings and Profit
=$31,000 - $25,000
=$6,000
Sally basis in her Dixie stock after the distribution would be ;
= Basis - Excess distribution
=$10,000 - $6,000
=$4,000
Select all that apply budget reports are commonly prepared for:_____.
a. a year.
b. a week.
c. a month.
d. a quarter.
Budget reports are generally prepared for a quarter.
Given an incomplete sentence related to the timings of budget reports.
We are required to fill the timing or frequencies given in the options so that the sentence gives an appropriate meaning.
A budgeting report is basically a report managers use that lists the previously estimated budget projections over a certain period.Budget reports are basically the financial goals leadership comes up with based on informed financial projections. Since they are typically estimations, these budget reports almost always differ from the final financial results, sometimes drastically. Quarter is basically a collection of three months.
Hence it can be concluded that budget reports are generally prepared for a quarter.
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Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
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9. Social responsibility is a voluntary obligation.
The idea of social responsibility suggests that individuals and organizations have an obligation to act in ways that benefit society as a whole.
While social responsibility is often voluntary, it can also be a legal requirement or an expectation from stakeholders.
In some cases, social responsibility is mandated by law. For example, companies may be required to follow environmental regulations, labor laws, or anti-discrimination laws.
Failure to do so can result in legal penalties or fines.
However, social responsibility can also be a voluntary action taken by individuals or organizations who want to make a positive impact on society.
For example, a company might choose to donate a portion of its profits to charitable organizations or implement sustainable business practices to reduce its environmental impact.
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Which of the following strategies can a country use to keep its products inexpensive for consumers in the U.S.?
Answer:
produce more
Explanation:
the less you have of something the more its gonna be worth
Which of the following are typically not part of the duties of a corporate travel manager?
-planning meetings and conferences
-managing travel budgets
-arranging business travel for company employees
-booking a cruise for employees' families
Answer:
booking a cruise for employees' families
Explanation:
A corporate travel manager is a senior officer in a company whose duties revolve around facilitating business travel. Their roles include planning business trips, organizing the company's business events, and any other corporate travel-related tasks.
The corporate travel manager is in charge of implementing the travel budget. They have to find the most cost-effective way of traveling without compromising business productivity and the corporate image.
2. An organization's products and services are the driving force in accomplishing
its purpose.
A. True
B. False
Home Depot advertises its spring lawn and garden sale on the website as "Close Out Sales." Steve, who lives in Burien, goes into the Tukwila HD store and buys the advertised self-propelled Honda mower for $299. Later that same day, Steve returns to that store and buys the advertised Ryobi battery-operated weed trimmer for $99 and pays for it with his debit card. Steve later discovers the Honda lawn mower is not self-propelled, and the trimmer does not accept the advertised battery size. Home Depot refuses to accept the return for these items claiming the mower was used, the trimmer is part of the close-out sale, and returns are not accepted on those sale items. What are Steve’s options? what are the specific laws he can utilize against HomeDepot?
Steve's options are to file a complaint with the Better Business Bureau, contact his state's consumer protection agency, and potentially take legal action under consumer protection laws for false advertising and/or breach of contract.
Steve can utilize consumer protection laws that prohibit false advertising and require businesses to honor their advertised claims. He can argue that Home Depot falsely advertised the self-propelled feature of the Honda mower and the compatibility of the battery-operated weed trimmer. Additionally, he can assert a breach of contract claim if the advertised features were explicitly mentioned in the purchase agreement.
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how does free trade tend to benefit society? multiple select question. it helps businesses succeed by monopolizing their industries. it reduces animosity among nations that trade with each other. it encourages businesses to use low-cost production techniques. it spurs economic growth by encouraging business to innovate.
Countries that are open to international trade tend to grow faster, innovate, improve productivity, and provide their citizens with higher incomes and more opportunities. hence option C and D is correct
What is Free Trade ?Open trade also benefits lower-income households by making goods and services more affordable to them.
Trade is critical to America's prosperity because it fuels economic growth, supports good jobs at home, raises living standards, and allows Americans to provide affordable goods and services for their families.
Free trade agreements do more than just reduce and eliminate tariffs; they also assist in addressing behind-the-border barriers that would otherwise impede the flow of goods and services; encouraging investment; and improving rules governing issues such as intellectual property, e-commerce, and government procurement.
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Which of the following is true about cover letters?
Cover letters are equivalent to a personal sales pitch
O Cover letters can be the same for all prospective employers
Cover letters should not list anything specific about the company
O Cover letters should be sent the day before the résumé
Answer:
Cover letters are equivalent to a personal sales pitch
Explanation:
A cover letter, also the job application letter, is sent to prospective employers together with a resume. Its purpose is to complement the resume, but not to duplicate it. A cover letter specifies the job an applicant is seeking and the reason why the employer should hire them.
A cover letter allows job applicants to market themselves to the employer. It offers an opportunity for the applicant to explain why they are the best candidate for the job and what they can do for the employer. Potential employers rely on cover letters to a certain extent in determining who to shortlist for a job interview.
Cover letters are often used in job applications. Cover letters are equivalent to a personal sales pitch.
The main reason of a cover letter is to arose the interest the employer in reading your resume.The letter often gives information to the employer about who the candidate is as a professional and also as a person.
It often includes their areas of interests, professional goals, knowledge, skills they've gained over the years, etc.
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2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
please help
Answer:
2. What is a hospitality manager?
In general, hospitality managers oversee the day to day operations of a hotel or restaurant, which includes managing personnel, ensuring guest satisfaction, and following the appropriate steps to ensure that the facilities are well-maintained. Hospitality managers are also required to oversee the upkeep of financial and administrative records.
3. First, find a good mentor
second Be selective in your hiring
third Focus on leadership, not management
fourth Communicate, communicate, communicate
fifth Listen to your guests
sixth Keep learning
Explanation:
Hope this helps...
(Cost of debt) Sincere Stationery Corporation needs to raise $500,000 to improve its manufacturing plant. It has decided to issue a $1,000 par value bond with an annual coupon rate of 10.0 percent with interest paid semiannually and a 10-year maturity. Investors require a rate of return of 9.0 percent a. Compute the market value of the bonds. b. How many bonds will the firm have to issue to receive the needed funds? c. What is the firm's after-tax cost of debt if the firm's tax rate is 34 percent a. The market value of the bonds is (Round to the nearest cent)
The market value of the bonds issued by Sincere Stationery Corporation is approximately $620,167.
To calculate the market value of the bonds, we need to determine the present value of the bond's cash flows. The cash flows include the periodic coupon payments and the principal repayment at maturity.
a. Market Value of the Bonds:
The coupon rate is 10% of the par value, which is $1,000. Since interest is paid semiannually, the coupon payment is ($1,000 * 10%) / 2 = $50 every six months. The required rate of return by investors is 9%, which translates to a semiannual yield of 4.5% (9% / 2).
Using the present value formula for an ordinary annuity, we can calculate the market value of the bonds:
PV = \((C / r) * [1 - (1 / (1 + r)^n)]\)
=\(($50 / 0.045) * [1 - (1 / (1 + 0.045)^{20)]\)
≈ $620,167
Therefore, the market value of the bonds is approximately $620,167.
b. Number of Bonds Issued:
To determine the number of bonds needed to raise the required funds of $500,000, we divide the total amount needed by the par value of each bond:
Number of bonds = Total funds needed / Par value of each bond
= $500,000 / $1,000
= 500
Therefore, the firm will need to issue 500 bonds to receive the required funds.
c. After-Tax Cost of Debt:
The after-tax cost of debt is calculated by multiplying the before-tax cost of debt by one minus the tax rate:
After-tax cost of debt = Before-tax cost of debt * (1 - Tax rate)
= 0.09 * (1 - 0.34)
= 0.09 * 0.66
= 0.0594 or 5.94%
Therefore, the firm's after-tax cost of debt is approximately 5.94%. This represents the effective interest rate that the company will pay on the funds borrowed through the bond issuance, taking into account the tax benefits of interest expense deductibility.
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the equilibrium market price received by doctors and other suppliers of medical services is
The equilibrium market price received by doctors and other suppliers of medical services is determined by the intersection of the supply and demand curves in the market.
In a competitive market, the equilibrium price is where the quantity demanded by consumers is equal to the quantity supplied by producers. In the medical services market, doctors and other suppliers are the producers while patients are the consumers. The demand for medical services is influenced by factors such as income, age, and health status, while the supply is determined by the number of doctors, medical technology, and the availability of resources.
If the price of medical services is below the equilibrium level, there will be excess demand, resulting in a shortage of medical services. On the other hand, if the price is above the equilibrium level, there will be excess supply, leading to a surplus of medical services. In both cases, the market will adjust to the equilibrium price where the quantity demanded equals the quantity supplied.
Therefore, the equilibrium market price received by doctors and other suppliers of medical services is determined by the interaction of supply and demand factors in the market.
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Which of the following businesses describes a branch?
A. CarCity is a car dealership that is old by a large company but operated by a group.
B. Easy as Fries, a fast-food restaurant, is operated by one person but still owned by a large company.
C. Photo Finish, a sports photography business, has many locations that are owned an operated by the company.
D. Hit the books, a Tutoring business, has one location in San Diego, California
Photo Finish, a sports photography business, has many locations that are owned an operated by the company is the businesses describes a branch. Hence, option C is correct.
What is meant by photography business?A variety of services are offered by professional photography studios, including portraiture, commercial photography, event photography including weddings, family gatherings, bar mitzvahs, and more, convention photography, and more.
Their creativity, which is the art or process of making images by the influence of radiant energy, particularly light, on a sensitive surface, is expressed through shades, tones, smiles, joy, and even sadness.
To start, you can increase brand awareness by including brand-specific colors in your images. Additionally, your image might inspire bto take action. Good pictures elicit an emotion. Within that attitude, an emotion develops, which inspires potential customers to become clients.
Thus, option C is correct.
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Sarah pays her personal trainer, Lily, by check. Lily uses the check to pay her grocery bills in a supermarket. How is Lily able to use the check to make her grocery payments?
Lily is able to use the check from Sarah to make her grocery payments by depositing the check into her bank account and then using the funds from the account to pay for her groceries.
When Lily receives the check from Sarah, she can endorse the back of the check with her signature and deposit it into her bank account. The bank then processes the check and credits the amount to Lily's account, making the funds available for her use. With the funds in her bank account, Lily can either withdraw cash or use other payment methods, such as a debit card or online transfer, to make her grocery payments at the supermarket.
Using checks as a form of payment offers convenience and security. It eliminates the need for carrying large amounts of cash and provides a record of the transaction. By depositing the check into her bank account, Lily can access the funds easily and use them for her various financial needs, including paying her grocery bills. The banking system ensures that the check amount is transferred from Sarah's account to Lily's account, enabling her to make purchases without relying solely on physical cash.
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What traits helped Oprah Winfrey become successful and why
Property Mortgage Insurance is an insurance cost the bank charges if which of the following circumstances is true? A. You are borrowing over 80% of the worth of your home. B. You are only borrowing against the total equity of your home. C. You are borrowing 20% of the worth of your home. D. You are borrowing 40% of the worth of your home. 4
Answer:
C. is the correct answer
Question 3 (1 point)
Division of labor means that all the tasks required to manufacture a product are
divided between a number of workers.
True or
False
Answer:
True
Explanation:
Division of labor involves subdividing a work process into smaller tasks and assigning them to different workers to execute them. Each worker is assigned a task that part of a bigger process. Completion of all tasks signifies a product has been made.
Division of labor can lead to specialization. This is where a worker concentrates on executing a specific function or task.
hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
name the document that guarantees that claims reached the payer or clearinghouse on time.
The document that guarantees that claims reached the payer or clearinghouse on time is called a Proof of Delivery (POD).
A Proof of Delivery (POD) is a document that serves as evidence that a claim has been successfully delivered to the payer or clearinghouse within the specified timeframe.
It typically includes information such as the date of delivery, the recipient's signature, and any relevant tracking or reference numbers. The POD ensures accountability and helps resolve any disputes regarding claim submission or timeliness.
It is an essential record for healthcare providers and billing companies to track the status of claims and ensure timely reimbursement.
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erik is the sole owner of a small business that he started 20 years ago. although he is not yet ready to retire, he is beginning to wonder about what would happen to the business should he die or decide to retire. erik has a son who has graduated from college and worked at the firm for a few years. his son seems to enjoy the business and have a natural aptitude for the work. erik is also concerned about maintaining a significant income from the business and, if possible, freezing the value of the business for estate tax purposes. erik has already used his available applicable credit amount.
Erik, the sole owner of a small business, is considering the future of his business in the event of his death or retirement. He has a son who has shown interest and skills in the business.
To address Erik's concerns, he can explore various options for the future of his business. One possibility is to establish a succession plan, where his son gradually takes over the business and becomes the new owner. This can ensure continuity and allow Erik to retire while maintaining income from the business. Erik can provide proper training and guidance to his son to ensure a smooth transition.
Additionally, Erik can consider implementing strategies to freeze the value of the business for estate tax purposes. This can involve techniques such as gifting shares of the business to his son or setting up a trust that holds ownership of the business. By transferring ownership gradually over time, Erik can potentially minimize the estate tax burden while still maintaining control and income from the business during his lifetime.
To navigate these complex matters, Erik may benefit from consulting with a qualified estate planning attorney or financial advisor who can provide personalized guidance based on his specific circumstances and goals. They can help explore options such as family succession planning, valuation techniques, and tax-efficient strategies to ensure a smooth transition and financial stability for both Erik and his son.
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LearnCo LearnCo manufactures and sells one product, an abacus for classroom use, with two models, the Basic model and the Deluxe model. The company began operations on January 1, 20Y1, and is pla preparing budgets from its master budget. The company is trying to decide how many units to manufacture, how much it might spend on direct materials and direct labor, and what their factory overhead expenses might be. In addition, the co administrative costs, and in creating a budgeted income statement showing a prediction of net income for 20Y2. You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.
The unit price for the basic abacus is $ 7.00 and the unit price for the deluxe abacus is $ 13.00. In total, 36,000 units of each are sold per year.
To know the number of units that are sold per year of the basic abacus, it is necessary to divide the total profits ($ 252,000) in the price per unit of each basic abacus ($ 7.00)
$ 252,000 / $ 7.00 = 36,000This means that 36,000 units of each type of abacus are sold per year. On the other hand, to know the unit value of each deluxe abacus, it is necessary to divide the total deluxe abacus sales ($ 468,000) by the number of deluxe abacus units sold per year (36,000)
$ 468,000 / 36,000 = $ 13.00So each deluxe abacus unit is worth $ 13.00. In total, buying one unit of each abacus would be worth $ 20.00
Note: The question is incomplete because there is some information missing. Here is the missing information:
You have been asked to assist the controller of LearnCo in preparing the 20Y2 budgets.
Sales Budget
The sales budget often uses the prior year’s sales as a starting point, and then sales quantities are revised for various factors such as planned advertising and promotion, projected pricing changes, and expected industry and general economic conditions. LearnCo has completed reviewing its prior year’s sales and has prepared the sales budget below.
After reviewing LearnCo’s sales budget, you note that three numbers have been omitted. The company’s controller has told you that the units sold for the Basic and Deluxe models are expected to be the same. Fill in the missing amounts.
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does anyone here know anything about like witchy stuff, like spells and stuff
Answer:
There are many religions that revolve around witchcraft. A modern pagan religion, called 'Wicca', have some spellbooks. Earthbound (a store) sells some spellbooks. I'm sure you can find some online too.
Explanation:
Extra note- you can actually learn a lot about witchcraft on TikTok. It can teach you about spells, charms, etc.
What. Can a cover letter explain that a resume cannot
Cover letters can also grant perception and clarification into touchy records that your resume cannot, such as lapses in employment, career changes and layoffs. Just hold an upbeat tone and stay fine in your explanation.
How does a cover letter range from a resume?Resumes are like a formal record that summarizes your skills, work trip and qualifications in sections. Cover letters are a documented letter structured in paragraphs which explains in detail why you're the high-quality healthy for the job and company.
You have to always opt for sending a cover letter and resume as separate documents; however, be flexible enough to do something the situation requires. Check the employer's directions and attempt to follow them to the letter.
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https://brainly.com/question/3602860#SPJ1Describe an experience you have had as a consumer which illustrates supply and demand.
Answer:
The law of supply and demand is the market rule by means of which the supply of goods and the demand for them are interrelated, linked through price: the higher the price of the good, the lower the demand for it, since that it will be more inaccessible for consumers, with which there will be an excess supply; Whereas, if the price of the good falls, the demand for the good increases and its supply will not meet the consumption expectations of consumers.
A clear example of this situation occurred in the midst of the coronavirus pandemic, when as a result of restrictions on public transport and fear of crowding in closed places, many people decided to purchase bicycles as an alternative means of transport, which triggered the demand for said well by causing the prices of these to increase.
____requires creditors to tell consumers what credit will cost them before they use it.
The Truth in Lending Act (TILA) requires creditors to tell consumers what credit will cost them before they use it.
The Truth in Lending Act (LITA) is designed to protect consumers from being taken advantage of by creditors and to ensure that they have all the information they need to make informed decisions about using credit. TILA requires creditors to disclose the terms and conditions of a loan, including the annual percentage rate (APR), the total amount of the loan, and the payment schedule.
This information must be provided in a clear and conspicuous manner so that consumers can easily understand it. By requiring creditors to provide this information, TILA helps consumers to compare different credit offers and to choose the one that is best for them.
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compute for simple company the unit manufacturing costs of each job under the traditional costing system, whereby all overhead costs are assigned based on direct labor hours.
For simple company the unit manufacturing costs of each job under the traditional costing system, whereby all overhead costs are assigned based on direct labor hours is to add the direct materials and direct labor costs together and then divide this sum by the number of units produced.
Under the traditional costing system, the unit manufacturing costs of each job are calculated by adding the direct materials and direct labor costs together and then dividing this sum by the number of units produced. Additionally, all overhead costs are assigned based on direct labor hours. Thus, the unit manufacturing cost of each job can be calculated as follows:
Unit Manufacturing Cost = (Direct Materials Cost + Direct Labor Cost) / Number of Units Produced + (Total Overhead Costs / Total Direct Labor Hours)
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the developing person through the lifespan, by kathleen stassen berger (2020) 11th edition, new york: worth publishers
The book "The Developing Person through the Lifespan" by Kathleen Stassen Berger is an 11th edition published in 2020 by Worth Publishers in New York. This textbook explores the concept of development throughout a person's lifespan.
The book covers various aspects of development, including physical, cognitive, and socioemotional development. It discusses how individuals grow and change from conception to death, taking into account both biological and environmental factors.
By providing an in-depth analysis of different developmental theories and research, the book helps readers understand the complexities of human development. It also explores how development is influenced by cultural, social, and historical contexts.
Throughout the 11th edition, Berger presents updated and relevant information, incorporating recent studies and findings in the field of developmental psychology. The book uses a comprehensive and accessible writing style, making it suitable for both students and professionals interested in understanding the developing person.
Overall, "The Developing Person through the Lifespan" by Kathleen Stassen Berger is a valuable resource for anyone seeking a deeper understanding of the process of human development from birth to old age.
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Keeping your _____and _____in mind will dictate what you say and how you say it.
Approximately what portion of global employers tends to use social media websites to hire new employees?
A.
30 percent
B.
40 percent
C.
50 percent
D.
60 percent
E.
70 percent
I'm pretty sure it is B. 40 percent
The portion of global employers who tends to use social media websites to hire new employees is approximately 30 percent.
What do you mean by employees?A person refers to the employee who gets paid to work for a person or company.
The approximate portion of global employers who tends to use social media websites to hire new employees is 30 percent.
Therefore, A is the correct option.
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