Productive efficiency refers to the production of goods and services using the least amount of resources possible, maximizing output for a given level of input.
Allocative efficiency, on the other hand, refers to the allocation of resources in a way that maximizes society's welfare by producing the combination of goods and services that best satisfies consumer preferences. Productive inefficiency and allocative inefficiency are wasteful because they result in the misallocation of resources, leading to a loss of potential output and social welfare. For example, if a car manufacturer is not utilizing its production capacity efficiently and is producing fewer cars than it could with the available resources, it is experiencing productive inefficiency. Allocative inefficiency occurs when resources are allocated to produce goods or services that are not in line with consumer preferences or societal needs
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Fill the blank! firms that want to start getting into a global market with the least amount of investment possible will most likely begin with ________.
"Global sourcing" is where businesses that wish to enter a global market with both the least amount of expenditure are most likely to start.
Define the term global sourcing used in global market?A corporation can save money by using low-cost raw materials as well as skilled labor via low-cost countries by using the global sourcing approach, which involves purchasing goods and services across geopolitical boundaries.
Utilizing superior expertise, resources, and technology outside of their own country can benefit enterprises.A well-known instance of international sourcing is business process outsourcing (BPO). Many businesses have established their service companies in Asian nations like Philippines and India in order to take advantage of the inexpensive and competent labor there.The topic of global sourcing strategy is currently a hot button issue. Many companies that relied on such a supplier from China encountered unanticipated interruption as a result of the COVID-19 epidemic and the ensuing supply chain difficulties.Thus, global sourcing is where businesses that wish to enter a global market with both the least amount of expenditure are most likely to start.
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Which purchase decision will probably require the most extensive information search? multiple choice question.
The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
What is meant by purchase decision?
The term that purchase decision can be referred to as the thought process that would have to do with the thought process that would involve all that concerns the ability to be able to get a particular product as well as a brand. The goal is to be able to make the best decisions that would aid you in the purchase of that particular good.
Some purchase decisions are known as the major purchase decisions while some others can be regarded as minor decisions. The major ones are the ones that would need the extensive search for information.
Hence we can say that The purchase decision that would probably require the greatest extensive information search would be that it would be plastic surgery.
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Complete question
Which of the following purchase decisions will probably require the most extensive information search?
A. plastic surgery
B. Wheelbarrow
C.Washing machine
Im
What is the formula for determining run rate?
Current revenue for one month x 12
Current revenue for one month / 12
Current revenue for one month - 12
Current revenue for one month + 12
To calculate run rate, take your current revenue over a certain time period—let's say it's one month. Multiply that by 12 (to get a year's worth of revenue). If you made $15,000 in revenue for each month, your annual run rate would be $15,000 x 12, or $180,000.
Imprudential, Inc. , has an unfunded pension liability of $583 million that must be paid in 15 years. To assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 7. 6 percent, what is the present value of this liability?
If the relevant discount rate is 7. 6 percent, then the present value of this liability is $265,420,560.74
Given,
Pension liability = $583
Time duration = 15 years
Discount rate = 7. 6 percent
Thus, the computation of the present value of this liability is done below:
As we know that,
Future value = Present value × (1 + rate)^the number of years
However,
Present value = Future value ÷ (1 + rate)^the number of years
= $583,000,000 ÷ (1 + 7.6%)^15
= $568,000,000 ÷ 2.14
= $265,420,560.74
Hence, if the relevant discount rate is 7. 6 percent the present value of this liability is $265,420,560.74
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Submit Test 2 Select the correct answer. Martha has recently Jolned a finance firm. She barely requires any supervision or help to perform her work efficiently. Which expectation of her employer does Martha fulfill in the given scenario? ΟΑ. she malntalns professional decorum OB. she is self-motivated she is a team player OD she is reliable
Answer: She is self-motivated
Explanation: Right on Plato
Answer:
B. She is self-motivated
Explanation:
got it right on plato
problem 2-3 dividends and retained earnings [lo1] nataro, incorporated, has sales of $675,000, costs of $337,000, depreciation expense of $81,000, interest expense of $50,500, a tax rate of 23 percent, and paid out $42,500 in cash dividends. what is the addition to retained earnings? (do not round intermediate calculations.)
The addition of retained earning of Nataro Inc is $116,505
Retained earnings are a company's cumulative net earnings or profits after dividend payments are deducted.
Formula for calculating the retained earning is:
RE = RE(o) + NI - D
where:
RE = retained earning
RE(o) = beginning period retained earning
NI = net income
D = cash dividends
In the given problem:
sales = $675,000
cost = $337,000
depreciation expense = $81,000
interest expense = $50,500
Hence,
Gross income = sales - all expense
= 675,000 - (337,000 + 81,000 + 50,500)
= 206,500
Net income = gross income - tax
= 206,500 - 23% x 206,500 = 159,005
Therefore, retained earning addition:
retained earning addition = RE - RE(o) = NI - D
= 159,005 - 42,500 = 116,505
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which type of firm invests in lean manufacturing programs in order to improve customer service levels for a given inventory investment?
make-to-stock type of firm invests in lean manufacturing programs in order to improve customer service levels for a given inventory investment.
A concept known as "lean manufacturing" aims to increase productivity while eliminating waste in industrial systems. Anything that buyers do not think adds value to and are not prepared to pay for is considered waste. Lean manufacturing has many advantages, some of which include shorter lead times, lower operational expenses, and better product quality.
Organizations from a variety of industries can enable the practice of lean manufacturing, commonly referred to as lean production or lean. Toyota, Intel, John Deere, Nike, and other well-known corporations all employ lean techniques. The strategy is still employed by numerous other businesses and is based on the Toyota Production System. A lean production system might be advantageous for businesses that use enterprise resource planning (ERP).
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The company recorded a sales commission to the salesperson who made the sale to the customer
Income commissions consult with repayment paid for creating a sale. they may be generally a percentage of the sale this is then introduced on pinnacle of one’s base profits.
Sales commissions are a incredible tool because they serve to align the incentives of each the enterprise and the employee. both the salesclerk and the commercial enterprise gain from generating sales. With income commissions, salespeople can benefit extra manipulate over how a good deal they earn and their efforts are tied to compensation.
For the sake of this newsletter and the ASC 606 law, we will be centered at the accrual foundation method. The accrual basis acknowledges the revenue when it's far billed and earned, regardless of whilst the cash is paid or acquired.
So, if your salesperson makes a sale nowadays, however handiest gets their commission check at some point of next month’s pay day, you will be recognising the revenue at the time of the sale this month.
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Unrelated business income (UBI): a.includes unrelated income from an activity where all the work is performed by volunteers. b.is not created if the activity results in a loss. c.is 100% taxable on the exempt organization's tax return. d.excludes income from the research of a college or hospital.
Answer:
dmdmdmdmsmqmmfdmmam
Explanation:
memmmcl
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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WHAT IS THE LIABILITY IN SOLE PROPRIETORSHIPS AND PARTNERSHIP SHIPS?
Answer:
Sole proprietors and partners in a partnership business have unlimited liability for all debts and liabilities that occur while operating the business. This means partners and sole proprietors may lose their homes, cars and other personal assets, if the company's assets are insufficient to cover the company's debts
Explanation: HAPPY?
A company purchases a piece of equipment for $50,000. The company
estimates a useful life of 10 years and a salvage value of $5,000. Using
straight-line depreciation, what is the depreciation expense each year?
A. $5,000
B. $4,500
C. $5,500
D. $4,000
Using straight-line depreciation, the depreciation expense each year is $4,500. Hence the correct answer is option B.
To calculate the depreciation expense each year using straight-line depreciation, we need to subtract the salvage value from the initial cost and divide it by the useful life of the equipment.
Depreciation Expense = (Initial Cost - Salvage Value) / Useful Life
In this case, the initial cost is $50,000, the salvage value is $5,000, and the useful life is 10 years.
Depreciation Expense = ($50,000 - $5,000) / 10
Depreciation Expense = $45,000 / 10
Depreciation Expense = $4,500
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Colletto’s purchased a lot seven years ago at a cost of $412,000. At that time, the firm spent $378,000 to build a small retail store on the site. The most recent appraisal on the property placed a value of $522,000 on the lot and building combined. Colletto’s now wants to tear down the store and replace it with an office building at an estimated cost of $3.1 million. What amount should be used as the initial cash outflow for the new project?
Multiple Choice
A) $4,034,000
B) $4,412,000
C) $3,890,000
D) $3,100,000
E) $3,622,000
The initial cash outflow for the new project should be the cost of tearing down the store and building the office, which is estimated at $3.1 million. Therefore, the correct answer is option D) $3,100,000.
The initial cash outflow for the new project should be calculated based on the costs involved in tearing down the existing store and constructing the new office building.
Given that Colletto's purchased the lot for $412,000 and spent $378,000 to build the small retail store, the total cost of acquiring and constructing the existing structure is $412,000 + $378,000 = $790,000.
However, since the firm now intends to tear down the store and build an office building, the cost of the existing structure is irrelevant. The focus should be on the estimated cost of the new project, which is $3.1 million.
Therefore, the initial cash outflow for the new project should be the estimated cost of $3.1 million. This amount represents the expenses associated with demolishing the store, preparing the site, and constructing the new office building.
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a state implemented a much needed hike in gasoline price, increasing it by $2. this was followed by a public outcry against the price rise. a year later, the state again increased gasoline price by $2. this time, the public accepted it as essential, though there was a general murmur of dissatisfaction. which of the following best explains the reason for the public's acceptance?
The phenomenon observed here is the "mere exposure effect." The public had already been exposed to the price hike once before, which made it more familiar and acceptable the second time around.
The mere exposure effect is a psychological phenomenon where people tend to develop a preference for things they are familiar with. In this case, the public had already been exposed to the price hike once before, which made it more familiar and less novel the second time around.
This familiarity made it easier for the public to accept the price hike, even though they were initially dissatisfied with it. Additionally, the fact that the price hike was implemented twice, with a year gap in between, allowed the public to gradually adjust to the new price and its potential benefits, making it easier to accept the second time around.
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4. you bought a $1,000 face value citicorp callable bond in january 2023 that is callable at 101 in 2028 and 2029 and at par after 2029. it has a coupon rate of 5.2%/year. a. excluding interest, how much would you receive if citicorp called the bond in 2029? b. in a few words, when is citicorp likely to call the bond?
a) I will receive $1,010 if citicorp called the bond in 2029.
b) In this case, Citicorp may call the bond in 2028 or 2029 at 101, or after 2029 at par, depending on prevailing market conditions.
Determine the amount for each bonda. If Citicorp were to call the bond in 2029, you would receive $1,010 for each bond you own.
This is because the bond is callable at 101 in 2029, meaning that Citicorp has the option to call the bond at a premium of 1% above the face value.
b. Citicorp is likely to call the bond in 2029 if prevailing interest rates have fallen significantly below the coupon rate of 5.2%.
By calling the bond, Citicorp can issue new debt at a lower rate and save on interest payments.
However, if interest rates remain high, Citicorp is unlikely to call the bond and will instead continue to pay the 5.2% coupon until the bond matures in January 2033.
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Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred collectively as _____.
Policies connected to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred collectively as Monetary policy
What is monetary policy?
Monetary policy is a set of tools used by a nation's central bank to control the overall money supply and promote economic growth and employ strategies such as changing interest rates and varying bank reserve requirements.
What is monetary policy sample?A central bank, such as the Federal Reserve in the U.S., will use expansionary monetary policy to support an economy. The three key actions by the Fed to boost the economy include a decreased discount rate, purchasing government securities, and a reduced reserve ratio.
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Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Buying or selling stock is
saving
investing
Otrading
Odiversifying
Answer:
Trading
Explanation:
1. Saving is saving funds to invest in stocks.
2.
Buying stock is an investment.
3. Trading - meaning buying or selling any stock shares you own is trading.
Which of the following does not fall into the field of marketing?
-restaurant management
-education
-e-commerce
-professional sales
Answer:
professional sales
Explanation:
sales
What happens if you only make the minimum payment on your credit card statement?
Offering only the minimum payment keeps you in debt longer and racks up interest charges. It can also put your credit score at risk.
About how long is a true elevator pitch?
Answer:
It's about 30 seconds
Hope this helps
Explanation:
The problem of dilution never arises with call options, but it can arise with warrants.(True/False)
False. The problem of dilution can arise with both call options and warrants. Dilution occurs when a company issues additional shares of stock, which can decrease the value of existing shares and dilute the ownership stake of current shareholders.
When call options are exercised, new shares of stock are issued, which can result in dilution. Similarly, when warrants are exercised, new shares of stock are issued, which can also result in dilution. The difference between call options and warrants is that warrants are typically issued by the company itself, while call options are traded among investors. This means that the company has more control over the terms of the warrants and can potentially structure them in a way that could lead to greater dilution for existing shareholders. We can say that dilution is a critical issue for investors as it can impact the value of their investment. It is important for investors to carefully consider the terms of any investment instrument, including call options and warrants, to understand the potential risks associated with dilution.
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According to recent data , only 36 percent of Uber's current employees are women . How do you think this situation helped perpetuate a flawed corporate culture ?
These circumstances ought to support a flawed corporate culture:
When we take into account the kind of business Uber started, there aren't enough skilled and experienced professionals.A lower rating should be given to the workforce.Corporate culture:The term "corporate culture," which can also be spelled "company culture," refers to a set of beliefs and actions that dictate how a company's management and employees interact with one another and handle business dealings with third parties. A company's success and that of its employees can be greatly affected by its culture.
Why is the culture of a company important?Engagement rises exponentially in a culture that values inclusion, teamwork, and community. Employee engagement is up to 72% higher at companies with strong cultures than at those with weak or needing improvement cultures. Employees who are content at work put in more effort when they are content.
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You are out on your own and you have come into the sad issue of the old car (20+ years old, 150k miles) your parents gave you having a blown transmission unexpectedly. (It really wasn’t. You just put it off because it’s not cheap.) You now have the dubious choice to purchase a new\used car OR to repair the car your parents gave you free and clear. Assume you have a part-time job making $10 an hour at 30 hours a week and a 15% tax rate. Your total living expenses are $700 a month. The repairs for a transmission at $2,500 dollars, which you can finance at 17% interest. A new vehicle would be $20,000 at 10% interest, and a used vehicle would be $9,000 at 12% interest with unknown driver history. Create a flowchart, trace-table, and UML for these options and then in a one-page paper, discuss which you would choose and why. Discuss affordability, reliability, and return on investment.
I would choose to repair the car with the blown transmission. Despite the upfront cost, it offers affordability since the repair cost is lower than purchasing a new or used car.
In this scenario, repairing the car with the blown transmission is the more prudent choice. While the repair cost of $2,500 may seem significant, it is still more affordable than purchasing a new or used car. With a part-time job earning $10 an hour at 30 hours a week, the monthly income is $1,200 Lastly, the existing car holds sentimental value as it was given by my parents. By repairing it, I can continue to use a vehicle that has personal significance and is already familiar to me. Overall, considering affordability, reliability, sentimental value, and long-term financial benefits, repairing the car is the preferable choice in this situation.
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federal housing administration (fha) loans differ from conventional loans in a number of ways. all of the following statements regarding fha loans are true except:
Several factors set Federal Housing Administration (FHA) loans apart from conventional loans. All of the following claims about FHA loans are accurate, but not: In comparison to prime conventional loans, FHA loans have stricter credit score requirements.
Qualifications for an FHA loan are less stringent than those of a conventional loan, which is not insured by the Federal government. To be eligible for a traditional loan, you must have a higher credit score, a lower debt-to-income ratio, and a larger down payment. Those applying for an FHA loan will likely spend more up front and with each payment, which may indicate that they aren't ready to take out a mortgage.
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PLEASE HELP MEE 50 Pts
Question: What are the local, state, and federal taxes for a healthcare business?
Answer:
Is health care federal state or local?
The U.S. Department of Health and Human Services is the federal government's principal agency involved with health care services. The states cofund and administer their CHIP and Medicaid programs according to federal regulations. (goo gle)
Explanation:
hope this helps
Your roommate told you she doesn’t need renter’s insurance because her parent’s homeowner’s policy covers her stuff. Is she correct? Explain your answer.
Answer: no she is not correct because if she has her own house or apartment then no she is not on homeowner's insurance. now she has to get her own.
Explanation:
hope this helps.
The roommate should not be correct.
What is insurance?Insurance represents the arrangement where the company or the government agency gives the guarantee with respect to the compensation for the particular loss, damage and in return, the payment should be made with respect to the premium. Also, she is not correct since she has her own house so it is not the homeowner insurance.
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Stephenson Limited produces a variety of products for the computing industry. The company’s CEO plans to produce a new product, WiFi router and asked the controller to prepare some information and be ready to meet with him to discuss about it. In preparing for the meeting, the controller accumulated the following data: Selling price of a router $1,250 Direct materials per router $270 Direct labour per router $130 Variable overhead per router $80 Total fixed costs $120,000
Required: a) Calculate the contribution margin per unit, break-even point in units and in sales dollar.
b) Calculate the number of units that must be sold and the amount of sales revenue to earn $300,000 of profit.
c) Calculate the break-even point in units and in sales dollar if the company were to reduce variable costs by $220 per unit by investing in technology resulting in an overall increase of $20,000 in total fixed costs? d) The CEO believes the company can increase sales by 50 units if advertising expense is increased by $31,000 based on the original data. Justify whether the company should increase advertising expenditure.
a) Contribution Margin per Unit: $770, Break-Even Point in Units: ≈ 155.84, Break-Even Point in Sales Dollars: ≈ $194,800.
b) Number of Units for $300,000 Profit: ≈ 584.42, Sales Revenue for $300,000 Profit: ≈ $730,525.
c) New Contribution Margin per Unit: $1,410, New Break-Even Point in Units: ≈ 94.33, New Break-Even Point in Sales Dollars: ≈ $117,912.50.
d) Additional Sales Revenue: $62,500, Contribution from Additional Sales: $38,500, Additional Advertising Expense: $31,000. Conclusion: Increase in advertising expenditure is justified as it would result in a positive contribution to profit.
a) To calculate the contribution margin per unit, break-even point in units, and break-even point in sales dollars, we need the following information:
Selling price per router: $1,250
Direct materials per router: $270
Direct labor per router: $130
Variable overhead per router: $80
Total fixed costs: $120,000
Contribution Margin per Unit:
Contribution Margin per Unit = Selling Price per Unit - Variable Costs per Unit
Contribution Margin per Unit = $1,250 - ($270 + $130 + $80)
Contribution Margin per Unit = $1,250 - $480
Contribution Margin per Unit = $770
Break-Even Point in Units:
Break-Even Point in Units = Total Fixed Costs / Contribution Margin per Unit
Break-Even Point in Units = $120,000 / $770
Break-Even Point in Units ≈ 155.84
Break-Even Point in Sales Dollars:
Break-Even Point in Sales Dollars = Break-Even Point in Units × Selling Price per Unit
Break-Even Point in Sales Dollars = 155.84 × $1,250
Break-Even Point in Sales Dollars ≈ $194,800
b) To calculate the number of units and sales revenue needed to earn $300,000 of profit, we need to consider the contribution margin per unit and total fixed costs:
Number of Units for $300,000 Profit:
Number of Units = (Total Fixed Costs + Desired Profit) / Contribution Margin per Unit
Number of Units = ($120,000 + $300,000) / $770
Number of Units ≈ 584.42
Sales Revenue for $300,000 Profit:
Sales Revenue = Number of Units × Selling Price per Unit
Sales Revenue = 584.42 × $1,250
Sales Revenue ≈ $730,525
c) If the company reduces variable costs by $220 per unit and incurs an additional $20,000 in total fixed costs, the new calculations would be:
New Contribution Margin per Unit = $1,250 - ($270 - $220 + $130 + $80) = $1,410
New Break-Even Point in Units = ($120,000 + $20,000) / $1,410 ≈ 94.33
New Break-Even Point in Sales Dollars = 94.33 × $1,250 ≈ $117,912.50
d) To determine whether the company should increase advertising expenditure, we need to consider the additional sales generated by the increased advertising and compare it to the additional expense:
Contribution Margin per Unit: $770
Additional Units Sold: 50
Additional Sales Revenue: 50 × $1,250 = $62,500
Contribution from Additional Sales = Additional Units Sold × Contribution Margin per Unit = 50 × $770 = $38,500
Additional Advertising Expense: $31,000
Since the contribution from the additional sales ($38,500) exceeds the additional advertising expense ($31,000), it would be justified for the company to increase advertising expenditure as it would result in a positive contribution to profit.
Please note that these calculations are based on the provided data and assumptions, and actual results may vary.
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Kristina works at a coffee shop. She can produce 200 coffee drinks in four hours. What is her productivity for one hour?
Answer: She can produce 50 drinks in 1 hour, 200/4 = 50
Answer:
50
Explanation:
divide 200 by 4
hope this helps dont 4get to like and star
-mercury
According to the video, what are some qualities needed by Advertising and Promotions Managers? Check all that apply.
creativity
college degree
leadership
high school degree
ability to express themselves clearly
ability to stand for long periods
A, B, C, E
_______________________________________
Malachi 1:2
Qualities needed by Advertising and Promotions Managers:
creativityCollege degreeleadershipability to express themselves clearlyWhat is advertising?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. By "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aims to boost the consumption of their goods or services.
Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties, interest groups, religious institutions, and governmental bodies are examples of non-commercial organizations that promote goods and services more than consumer goods.
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