The quantity of wheat flour demanded will fall and the quantity supplied will rise.
When the government adopts a price floor for wheat flour at $6.15 per pound, the equilibrium price of $5.90 per pound is no longer effective. The price floor sets a minimum price that sellers can legally charge for wheat flour. In this case, the price floor is set above the equilibrium price, which means it is higher than the price that would naturally occur in the market. As a result, several things are likely to happen.
Initially, consumers will benefit from the price floor, as they will be able to purchase wheat flour at a lower price than the floor price. However, producers will be forced to sell their wheat flour at the higher price dictated by the price floor. This may lead to a decrease in the quantity of wheat flour demanded, as consumers may choose alternative products or reduce their overall consumption due to the higher price. At the same time, the higher price will incentivize producers to increase their supply of wheat flour, as they can now sell it at a higher price and potentially earn greater profits.
As a result, there will be a surplus of wheat flour in the market, as the quantity supplied exceeds the quantity demanded. The price floor prevents the market from reaching equilibrium, leading to an imbalance between supply and demand. Producers may struggle to sell their excess supply, which could lead to wastage or the need to lower prices in order to attract buyers.
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According to pixel farm, because a mobile device is uniquely personal, approximately what percentage of mobile users have expressed concerns about the collection of personal data by marketers?.
About 83% of mobile phone users said they are concerned about advertisers acquiring their personal data. 96% of people had a cell phone as of the end of 2013.
Mobile marketing is a multi-channel digital marketing approach that tries to connect with a target audience using mobile devices such smartphones and tablets as well as websites, emails, text and MMS messages, social media, and applications.
As a result of the rapid increase in mobile phone access in communities around the world, including some of the poorest and most remote communities, many associations are already investigating how well these devices could be used as a component of large-scale information collection efforts across many segments, such as education. Using tiny, wearable digital personal computers to assist with data collection is nothing new. By the end of 2013, 96% of people owned a cell phone.
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If you see a mistake on your credit report, who should you contact? how should you contact them?.
If you see a mistake on your credit report, you should get in touch with the credit reporting company and explain the issue to them.
Your credit report affects your purchasing power, chances of landing a job, renting or purchasing a home and ability to purchase insurance. Credit reporting agencies sell your report's contents to companies that use it to decide whether to lend you money or not. Credit reports are sometimes also consulted by hiring managers. This is why it's important to ensure that the data in your report is accurate and comprehensive.
Any inaccurate or incomplete information in your report must be corrected by the credit agency as well as the company that provided the information to the bureau. These agencies work for no payment. Contact the credit bureau and the company that provided the false information to get errors in your record fixed. Inform them that you want to contest the facts in your report. Your issues will be resolved.
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what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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A supererogatory act is an act that is beyond the call of duty.
True
False
What is an actual competitive disadvantage for many small businesses?
A lack of resources and funding is an actual competitive disadvantage for many small businesses.
Due to their size and limited financial capacity, small businesses often struggle to keep up with larger companies in terms of marketing, advertising, and technology. This can make it difficult for them to attract and retain customers, expand their reach, and compete on pricing.
Potential competitive disadvantages for small businesses, such as limited brand recognition, a smaller customer base, less access to financing, and difficulty in attracting and retaining top talent. Additionally, small businesses may struggle to navigate complex regulations and compliance requirements, making it harder for them to stay in compliance with laws and regulations, and avoid costly penalties and fines. Overall, these challenges can make it harder for small businesses to grow and succeed in competitive markets, making it important for them to find creative ways to overcome these obstacles and thrive.
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A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Explain what Purchasing Power Parity (PPP) hypothesis means.
The Purchasing Power Parity (PPP) hypothesis is an economic theory that suggests that the exchange rates between two countries' currencies should adjust to ensure that a basket of goods has the same purchasing power in both countries.
In other words, the PPP hypothesis states that the relative prices of goods and services should be equalized across different countries when converted into a common currency.
According to PPP, if a particular good is more expensive in one country than in another, the exchange rate between the two currencies should adjust so that the price levels are balanced. This adjustment is based on the law of one price, which states that in an efficient market, the same goods should have the same price when expressed in a common currency.
The PPP hypothesis has two main versions: absolute PPP and relative PPP.
- Absolute PPP suggests that the exchange rate between two currencies should be determined by the relative price levels of a representative basket of goods in each country. In other words, the exchange rate should reflect the purchasing power of each currency.
- Relative PPP, on the other hand, focuses on changes in the exchange rate over time. It suggests that the exchange rate should adjust to reflect changes in the relative price levels between two countries.
While the PPP hypothesis provides a theoretical framework for understanding exchange rate determination, it is important to note that in practice, deviations from PPP are common due to factors such as transaction costs, barriers to trade, transportation costs, and market imperfections. Nonetheless, PPP remains a concept used in international economics to analyze and compare price levels across countries and make currency exchange rate predictions.
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What’s a good starter?
Oriole Company had 302000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Oriole issued 404000 shares of nonconvertible preferred stock. During 2021, Oriole declared and paid $171000 cash dividends on the common stock and $155000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2021, was $964000. What should be Oriole's 2021 earnings per common share, rounded to the nearest penny
Answer: $2.68
Explanation:
Oriole's 2021 earnings per common share would be calculated by using the formula:
= (Net income - preference dividend) / outstanding common stock
= ($964000 - $155000) / 302000
= $809000 / 302000
= $2.68 per common share
Directions: For the following problems, compute (a) total installment price, (b) amount of finance charge, and (c) annual percentage rate. Use Figure 18.4 in your textbook as an example.
1. Cash price is $500. After ma price is $910, with a down payment of $100. Balance due in 24 equal payments of $40
The total installment price is sum of the cash price and the finance charge which comes to $960.
What is finance charge?A finance charge refers to cost of borrowing money from lender. It includes interest charges, fees, and other costs associated with a loan or credit account. When a borrower takes out a loan, the lender charges a fee for the use of the funds, and this fee is added to the amount owed. For credit accounts, finance charges are applied when a balance is carried over from month to month, and interest is charged on the outstanding balance. Finance charges can vary depending on the type of loan, the interest rate, the amount borrowed, and the repayment terms. It is important to understand the finance charges associated with a loan or credit account, as they can significantly impact the total cost of borrowing.
Total installment price = Cash price + Finance charge
Cash price = $500
Finance charge = Total amount paid − Cash price
Total amount paid = Monthly payment*Number of payments
Total amount paid = $40*24 = $960
Finance charge = $960 − $500 = $460
Total installment price = Cash price + Finance charge
Total installment price = $500+$460 = $960
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Cirque de Soleil's shift from animals, candy and beverage concessionaires in the aisles, and feature performers to a live theater, operatic-style format exemplifies this type of value innovation:RaiseCreateReduceEliminate
Cirque de Soleil's shift from animals, candy and beverage concessionaires in the aisles, and operatic-style format exemplifies this type of value innovation: Eliminate
What is the style of opera?
In traditional number opera, the singer uses her two styles of singing.Recitative, verbal style, self-contained aria. The 19th century saw the rise of continuous musical drama.
Why is it called an opera?English opera is an abbreviation for the Italian opera in musica ("work in music"). It designates a theatrical production consisting of a dramatic text or libretto (a "booklet") set to music and staged in scenery, costume and movement
What is opera music based on?Opera has its roots in Greek drama and began in Florence, Italy in the late 16th century by a small group of men who were members of the camerata (Italian for society). Camerata intellectuals, poets and musicians wanted language to be an important aspect of music.
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firms with high power distance are most likely to be characterized by . a) concentrated power among executives and little autonomy for subordinates b) an equal distribution of power among executives, managers, and lower-level employees c) a minimal gap between the powerful and the weak d) a highly flexible work environment
Firms with high power distance are most likely to be characterized by a) concentrated power among executives and little autonomy for subordinates.
What is high power distance?High power distance is a concept developed by Dutch social psychologist Geert Hofstede that refers to the degree of inequality between people with power and those without power in a society. Generally, societies with a high power distance are characterized by an unequal distribution of power and wealth, with a strong emphasis on hierarchy, obedience, and respect for authority. Those with power have a strong sense of entitlement, and those without power are expected to accept their place in society and obey the will of those with authority. Examples of countries with high power distance include Saudi Arabia, India, and China.
High power distance refers to a society or organization where there is a large gap between those in positions of power and those with less power. In firms with high power distance, there is likely to be a concentration of power among executives and little autonomy for subordinates. These firms may also have a strict hierarchy, formal rules and procedures, and a clear division of labor. In contrast, firms with low power distance are likely to have a more equal distribution of power, with employees having more autonomy and decision-making power. There may also be a more flexible work environment and less emphasis on hierarchy.
It can be concluded that firms with high power distance are most likely to be characterized by a) concentrated power among executives and little autonomy for subordinates.
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5. Broadly explain the components of balance of payments. Make sure that you describe what these items measure. Can surplus/deficits of these items be related to the macroeconomic fundamentals and economic policy?
Balance of payments refers to the systematic record of economic transactions that take place between residents of one country with those of another country. The balance of payments comprises two significant components; the current account and the capital and financial account.
The current account is made up of four categories:
1. Goods: It refers to the exports and imports of physical goods, raw materials, and finished products. It measures the balance of trade, which is the difference between export earnings and import expenses.
2. Services: It measures the exports and imports of intangible services like tourism, transportation, and financial services.
3. Primary Income: It measures the net income earned by foreign assets held in the country minus the income earned by local assets held abroad.
4. Secondary Income: It measures the donations, remittances, and taxes paid to the government. capital and Financial Account The capital and financial account represent capital flows between the residents of one country with the residents of another country.
The capital and financial account consists of two components:
1. Capital account: It measures the transfers of non-produced, non-financial assets between residents of different countries.
2. Financial account: It measures the purchases of financial assets and liabilities between residents of different countries.
The balance of payments surplus or deficit of each component can be linked to macroeconomic fundamentals and economic policies. The current account reflects a country's competitiveness in the global market and its ability to pay for imports, invest in foreign countries and support its currency.The capital and financial account reflects a country's attractiveness as an investment destination. A surplus in this account indicates that the country is attracting more foreign investments than it is investing abroad. It means that it is a net receiver of foreign investment.In conclusion, balance of payment is an essential tool for macroeconomic analysis. It helps the government to develop policies that will enhance their competitiveness in the global market.
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Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answer: A
Explanation
pls respond soon!
Two stocks are offered to investors, one long-term, one short-term. Assuming each bond pays the same interest rate, which is the best option for a 30-year-old investor?
-Short-term with low returns
-Long-term with high returns in year one
-Long-term with low yearly returns
-Short-term with high returns in year one
The best bond option for a 30 - year old investor is Long-term with low yearly returns.
What type of bonds are best for young investors?The type of bond that would be best for a young investor would be one that has a long term horizon. This is because young investors have a long time ahead of them to make money from their jobs. They don't need the returns from the bonds just yet. They will however need those bond returns when they are older and so they should just pick a long - term bond.
When it comes to the returns they should go for, the bond should be one with low yearly returns. Again, they don't need the returns as much so they can take those with low yearly returns. These ones are less risky and so will be available for them when they grow old. A 30 - year - old investor should therefore take a long - term bond with low yearly returns.
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Answer:
C. Long-term with low but steady yearly returns
Explanation:
Given the following facts, compute the discounted cash flow as we did in class (round your answer to the nearest dollar):
Revenue 70,000
rev growth 2.50%
Expense % of revenue 65%
Discount rate 5%
Capitalization rate 4%
Estimated holding period 7 years
The discounted cash flow of the company is $1,377,102 (rounded to the nearest dollar).
Given the following facts, the discounted cash flow is as follows:
Revenue: $70,000
Revenue growth: 2.50%
Expense % of revenue: 65%
Discount rate: 5%
Capitalization rate: 4%
Estimated holding period: 7 years
Calculation of Free Cash Flows
Year 1
Revenue = $70,000.00
Revenue growth rate = 2.50%
Estimated revenue = $71,750.00
Expenses = 65% of Revenue
= $46,487.50
Free cash flow= Revenue - Expenses
= $25,262.50
Year 2
Revenue = $71,750.00
Revenue growth rate = 2.50%
Estimated revenue = $73,606.25
Expenses = 65% of Revenue
= $47,893.31
Free cash flow= Revenue - Expenses
= $25,712.94
Year 3
Revenue = $73,606.25
Revenue growth rate = 2.50%
Estimated revenue = $75,480.97
Expenses = 65% of Revenue
= $49,052.63
Free cash flow= Revenue - Expenses
= $26,428.34
Calculation of Terminal Value
Revenue in Year 7= $83,171.58
Discount rate= 5%
Growth rate of revenue for Terminal value= 1.50%
Capitalization rate= 4%
Terminal Value= (83,171.58 x (1 + 1.50%)) / (5% - 4%)= $1,748,196.36
Present value of terminal value= Terminal Value / (1 + Discount rate)^Holding period= $1,748,196.36 / (1 + 5%)^7= $1,220,905.77
Calculation of Sum of Present Values of all Free Cash Flows and Terminal Value
Sum of Present Values of all Free Cash Flows and Terminal Value= Present Value of Free Cash Flows + Present Value of Terminal Value
= $24,045.35 + $23,315.14 + $22,799.87 + $22,283.75 + $21,766.92 + $21,250.20 + $20,734.64 + $1,220,905.77= $1,377,101.64
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Human Resources
Which phrase best describes trend analysis?
a. when an organization asks managers to predict the demand for employees b. when an organization uses past numerical data to look for patterns to predict future demand for employees c. when an organization uses information about current employees to predict future need d. when an organization uses graphs to display anticipated demand for future employees
The phrase that best describes trend analysis is "when an organization uses past numerical data to look for patterns to predict future demand for employees."Explanation:Trend analysis is the process of evaluating business data over time, either yearly, quarterly, or monthly.
A business can use a Trend Analysis to see how its business has performed over time and to predict where it might go in the future. This process of evaluating business data over time is called Trend Analysis.Trend analysis is utilized by an organization to help them forecast future behavior based on past results. Organizations use trend analysis to predict the future demand for goods and services.
This allows the business to make smarter choices about the future. It also enables the company to recognize trends in consumer preferences that may inform future marketing campaigns. Trend Analysis is a method used in Human Resources management to help the organization make predictions about future demand for employees by looking at past numerical data to find patterns. Therefore, the phrase that best describes trend analysis is "when an organization uses past numerical data to look for patterns to predict future demand for employees."
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Who’s the intended audience in news articles
Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.
Who is a research's primary target audience?
The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.
Who are the media's intended consumers or target audiences?A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media
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Advertisers on a display network can pay through each of the following methods EXCEPT CPM (cost per mille) O CPA (cost per acquisition) O CPC (cost per click) O OCPM (optimized cost per mille)
Advertisers on a display network can pay through each of the following methods except OCPM(optimized cost per mille).
Advertisers on a display network can pay through which methods?Advertisers on a display network can pay through CPM (cost per mille), CPA (cost per acquisition), CPC (cost per click), and OCPM (optimized cost per mille).
These are different methods of charging advertisers for display ads based on different performance metrics, such as impressions, clicks, conversions, or a combination of these metrics.
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What will happen if the global economy plunges into deep recession causing Australian dollar to fall below US$0.50? What is it means to the Australian companies? What shall they do to cope this disruption?
In summary, a deep Recession
causing the Australian dollar to fall below US$0.50 can have both positive and negative effects on Australian companies.
They may need to adapt their strategies, such as focusing on exports, implementing hedging strategies, diversifying markets, and investing in innovation, to cope with the DISRUPTION.
If the global economy
1. Increased competitiveness: A weaker Australian dollar makes exports more affordable for foreign buyers.
This can benefit Australian companies that rely on exports, as their goods and services become more attractive in international markets.
2. Import cost increase: On the flip side, companies that rely on imports may face challenges.
A weaker currency means the cost of imported goods and raw materials will increase, potentially squeezing profit margins.
3. Tourism and foreign investment: A lower exchange rate may attract more tourists and foreign investors to Australia, as their spending power increases.
This can benefit industries such as hospitality, tourism, and real estate.
4. Hedging strategies: To cope with the disruption caused by a falling currency, Australian companies may consider implementing hedging strategies.
Hedging involves entering into contracts to protect against currency fluctuations, mitigating the impact on profitability.
5. Diversification and innovation: Companies may also explore diversifying their markets and products to reduce reliance on any single currency or market.
Investing in research and development to create innovative products and services can also help maintain competitiveness in challenging times.
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On January 1, 2012, Long - Lived issued $200,000, 9% 5-years bonds at 96. The bonds paid semiannual interest on June 30 and December 31. The company uses the straight-line method of amortization and year-end Dec 31. Required: a) Record the issuance of bonds on January 1, 2012. b) Record the payment of interest on June 30
The company records the issuance of the bond at $200,000 at 96, which means the company receives $192,000 cash.
(a)Recording the issuance of bonds on January 1, 2012
Journal entries
Debit CreditCash $192,000
Bonds Payable $8,000
Bonds Payable $200,000 (To record the issuance of 9%, 5-year bonds at 96)
(b)Recording the payment of interest on June 30
Journal entries
Debit Credit Interest Expense $9,000
Discount on Bonds Payable $417 ($8,000 ÷ 40 periods)
Cash $8,583 (To record the payment of interest on 9%, 5-year bonds)
(a)The issuance of bonds on January 1, 2012:
Journal entries
Debit CreditCash $192,000
Discount on Bonds Payable $8,000
Bonds Payable $200,000 (To record the issuance of 9%, 5-year bonds at 96)
The company records the issuance of the bond at $200,000 at 96, which means the company receives $192,000 cash. The remaining $8,000 discount on the bond is amortized over the term of the bond and recorded as interest expense.
(b)Record the payment of interest on June 30:
Journal entries
Debit CreditInterest Expense $9,000
Discount on Bonds Payable $417 ($8,000 ÷ 40 periods)
Cash $8,583 (To record the payment of interest on 9%, 5-year bonds)
Interest payment on the bond is semiannual, which means that the bond's annual coupon rate of 9% is divided by two and paid semi-annually. To record the payment of interest on June 30, $8,583 cash is paid, and an interest expense of $9,000 is recorded, which represents the coupon rate of 9% divided by two for six months or $9,000 (6/12) for the period.
On January 1, 2012, Long-Lived issued $200,000, 9% 5-year bonds at 96. The bonds paid semiannual interest on June 30 and December 31. The company uses the straight-line method of amortization and year-end Dec 31.
The company records the issuance of the bond at $200,000 at 96, which means the company receives $192,000 cash.
The remaining $8,000 discount on the bond is amortized over the term of the bond and recorded as interest expense. Interest payment on the bond is semiannual, which means that the bond's annual coupon rate of 9% is divided by two and paid semi-annually.
To record the payment of interest on June 30, $8,583 cash is paid, and an interest expense of $9,000 is recorded, which represents the coupon rate of 9% divided by two for six months or $9,000 (6/12) for the period.
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What should you, the worker, be aware of with regard to evacuation procedures at your workplace?
(select two answers)
(a) when you get back into the building
(b) evacuation plans
(c) what to do when the emergency has passed
(d) how long the emergencies will last
With regard to evacuation what one has to be aware of would be
evacuation planshow long the emergencies will lastWhat is meant by evacuation?This is the term that is used to refer to all that would have to be done in order to get all the occupants of a building out of it due to an emergency that is occurring in the building. The need for evacuation is often due to emergency that could cause a loss of life. An example of such incidence would during a fire outbreak.
Hence we can say that With regard to evacuation what one has to be aware of would be
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Every week Jerome works 40 hours. On Fridays, he receives his paycheck. What type of income does Jerome earn?
A. unemployment income
B. earned income
C. investment income
D. passive income
Answer:
B. Earned Income.
Explanation:
Answer:
eared income
Explanation:
which idea is an impotant element of the u.s free enterprice system
Answer:
Option A : The government should have a limited role in the economy.
who would be the most likely to buy an inverse ETF?
1) An investor, who thinks Apple stock will go down in value
2) An investor who wants to buy gold
3) An investor who wants double or triple the daily return of an index
4) An investor who normally is not able to short sell in their portfolio
An investor whose portfolio typically prohibits short sales.(option 4)
Who is most likely to purchase an inverse ETF?For speculative investors and traders looking for strategic day trades against its cause uncertainty indices, inverse ETFs are created. For instance, a inverse ETF that mimics the Standards & Poor's Index would demonstrate a decline of 1% for each 1% increase in the index. To benefit from a downward market movement, one would invest inside an inverse ETF. The majority of investors often lose money when the share market declines. If an investor calls the direction of the market accurately, profits can be gained by investing into inverse ETFs.
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Standby power for a manufacturing firm is currently produced using diesel-powered generators. In three years the company can switch to natural gas-powered generators. The company believes it can save $26,422 per year through year 8. If the company uses an interest rate of 8%, what is the present value at time 0 of the projected savings that will occur in years 3 through 8? The present value at time 0 of the projected savings in years 3 through 8 is $ 104720. (Round to the nearest dollar)
The present value at time 0 of the projected savings in years 3 through 8 is $104,720.
To calculate the present value of the projected savings that will occur in years 3 through 8, we can use the formula for the present value of an annuity:
PV = C * [(1 - (1 + r)^(-n)) / r]
Where:
PV = Present Value
C = Cash flow per period ($26,422 per year)
r = Interest rate (8% or 0.08)
n = Number of periods (6 years, from year 3 to year 8)
Plugging in the values:
PV = $26,422 * [(1 - (1 + 0.08)^(-6)) / 0.08]
PV ≈ $104,719.97
Rounding to the nearest dollar, the present value at time 0 of the projected savings in years 3 through 8 is $104,720.
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A company is evaluating which of two alternatives should be used to produce a product that will sell for $35 per unit. the following cost information describes the two alternatives: process a process b fixed cost $500,000 fcb variable cost per unit $25 $23 what must be the fixed cost for process b, fcb, so that the breakeven for process b is 10% larger than for process a
To begin with, let's calculate the breakeven point for process a. Breakeven point is the point where the total cost equals the total revenue, and the profit is zero.
We know that the variable cost per unit is $25, and the selling price per unit is $35. Therefore, the contribution margin per unit is $10 ($35-$25). To reach the breakeven point, the fixed cost needs to be covered by the contribution margin. We can calculate the breakeven point by dividing the fixed cost by the contribution margin per unit, which is 50,000 units ($500,000/$10).
Now, we need to calculate the breakeven point for process b, which needs to be 10% larger than process a. We know that the variable cost per unit for process b is $23, and the selling price per unit is $35. Therefore, the contribution margin per unit is $12 ($35-$23). We can set up an equation to find the required fixed cost for process b:
50,000 units * $10 = (50,000 units * 1.1) * $12 - fcb
Solving for fcb, we get:
fc = $620,000
Therefore, the company must have a fixed cost of $620,000 for process b to achieve a breakeven point that is 10% larger than process a.
In conclusion, when deciding between process a and process b, the company needs to consider not only the variable cost per unit but also the fixed cost required to reach the breakeven point.
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Which of the following best describes the relationship between a stock resource and a potential resource?
A) A stock resource becomes a potential resource once the resource is found and extracted.
B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
C) A stock resource becomes a potential resource after it has been evaluated and quantified.
D) A stock resource can never be a potential resource because it has already been excavated.
Answer:
B
Explanation:
potential resource are the resources whose entire quantity may not be known and these are not being used at present. potential resource can become real resource when proper human resource ,science and technology are present.
Answer: The correct answer is B) A stock resource becomes a potential resource when technology is developed to reach and extract it.
Explanation: This answer has been confirmed correct.
Technology is required to harvest stock resources (such as solar power) through extraction, collection, and storage processes.
Why might working on a commission basis make dealing with finances more difficult?
(need a few sentences)
Emilia bought 4 pairs of socks and 3 DVDs. The DVDs were originally priced at $15 but were marked down by $7, and each pair of socks costs $2. Which expression shows the total amount Emilia will have to pay before tax?
4 × 15 – 7 + 3 × 2
4 × (15 – 7) + 3 × 2
3 × 15 – 7 + 4 × 2
3 × (15 – 7) + 4 × 2
Answer:
I believe the answer is b