Jake has plans to go to an opera and already has a $100 nonrefundable, nonexchangeable, and nontransferable ticket. Now Megan, whom Jake has wanted to date for a long time, asks him to a concert. Jake would prefer to go to the concert with Megan and forgo the opera, but he doesn't want to waste the $100 he spent on the opera ticket. From the perspective of an economist, if Jake decides to go to the opera, what has he just done
Answers
Explanation
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Related Questions
5. What common events could result in inventory shrinkage?
O A. Customers bought more inventory than the retailer planned
OB. Retailer ordered too many products
C. Product was stolen from the store
O D. Retailer forgot to order products
Answers
Answer:
C. Product was stolen from the store
Explanation:
Given that inventory, shrinkage is a situation that happens when the number of commodities in stock is lesser than the amount documented on the inventory record. This is usually caused by clerical errors, spoilt goods, or theft.
Hence, in this case, the common events that could result in inventory shrinkage are "Product was stolen from the store."
Kenya is enrolled in 14 credit hours this semester. Using the 2:1 rule, how many hours will she spend total on college schoolwork in class and on her own?
A. 7
B. 21
C. 28
D. 42
Answers
7 hours will she spend total on college schoolwork in class and on her own. Calculator for Credit Hours For a conventional 14-week course, each credit hour equates to at least 3 hours of weekly student involvement and to 6 hours for a 7-week course.
Discussions, lectures, readings, assignments, and research can all be done during this period. The amount of credit a student receives for successfully completing one contact hour and two preparation hours per week for a college semester is known as a semester credit hour (SCH). Regardless of the length of the course, one semester hour is equal to 15–16 contact hours.
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MORTON COMPANY TRANSFER PRICING
The Cycle Division of Morton Company has the following per unit data related to its most recent cycle called Roadbuster.
Cycle Division -Morton Bodyframe Division
Selling price $2.000 Selling price $360
Variable cost of goods sold $1.200 Variable cost $250
Body frame 300
Other variable costs 900 Contribution margin
Contribution margin $800
Presently, the Cycle Division buys its body frames from an outside supplier. However Morton has another division, BodyFrame, that makes body frames for other cycle companies.
The Cycle Division believes that BodyFrame’s product is suitable for its new Road- buster cycle. Presently, BodyFrame sells its frames for $360 per frame.
The variable cost for BodyFrame is $250. The Cycle Division is willing to pay $280 to purchase the frames from BodyFrame.
(A) Assume that BodyFrame does not have excess capacity and therefore would lose sales if the frames were sold to the Cycle Division. If the Cycle Division buys 1,000 frames from BodyFrame, determine the following: (1) effect on the income of the Cycle Division; (2) effect on the income of BodyFrame; and (3) effect on the income of Morton.
Answers
the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
The effect on the income of Cycle Division, BodyFrame, and Morton can be determined by using the transfer pricing method. There are two types of transfer pricing methods, which are:
1. Market-based transfer pricing
2. Cost-based transfer pricingIn this case, the cost-based transfer pricing method will be used. The transfer price will be set as per the cost incurred by the seller and then the buyer will pay the transfer price for the product purchased.
(1) Effect on the income of Cycle Division:Calculation of contribution margin if the Cycle Division buys from BodyFrame:Selling price - Variable cost of goods sold
per unit= $2000 - $250 = $1750Contribution margin per unit = $1750 - $300 = $1450
Contribution margin if the Cycle Division buys 1,000 frames from BodyFrame = 1,000 × $1450 = $1,450,000
Contribution margin if the Cycle Division continues to buy from the outside supplier = 1000 × $800 = $800,000Effect on the income of Cycle Division = $1,450,000 - $800,000 = $650,000 (increase)
(2) Effect on the income of BodyFrame: The BodyFrame division will sell 1000 frames to the Cycle Division. The selling price of the frames to the Cycle Division is $280 per frame.
Variable cost of the frames sold to the Cycle Division = $250 per frame. Contribution margin per frame = Selling price - Variable cost per unit= $280 - $250 = $30Contribution margin if the BodyFrame division sells 1000 frames to the
Cycle Division = 1000 × $30 = $30,000.Contribution margin if BodyFrame sells the 1000 frames to external customers = 1000 × ($360 - $250) = $110,000Effect on the income of BodyFrame = $30,000 - $110,000 = -$80,000 (Decrease)(3) Effect on the income of Morton:The effect on the income of Morton is the sum of the effect on the income of Cycle Division and the effect on the income of BodyFrame.
Effect on the income of Morton = $650,000 + (-$80,000) = $570,000 (increase)Thus, the effect on the income of Cycle Division is $650,000 increase, the effect on the income of BodyFrame is $80,000 decrease, and the effect on the income of Morton is $570,000 increase.
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in a market,: multiple choice question. only buyers and sellers have information about prices. competition among suppliers tends to drive prices down, and competition among buyers tends to drive prices up. buyers and sellers meet to decide on the how the market should operate. competition among suppliers tends to drive prices up, and competition among buyers tends to drive prices down.
Answers
In a market, competition among suppliers tends to drive prices down, and competition among buyers tends to drive prices up.
How do price reductions often impact?Demand rises in proportion to price decline. This is the Demand Law. An inverse relationship is shown on a graph as a left to right, downward sloping line.
The effect of competition on prices in a market is accurately described by option (b). When suppliers are competing with one another for customers, they will often aim to provide cheaper pricing than their rivals, which tends to cut costs. Contrarily, when buyers are competing with one another, they will attempt to give higher prices than their rivals in order to obtain the goods or services they desire, which usually results in price increases.
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"All vice-presidents in the company drive a Mercedes. Since Eric is a vice-president, he must also drive a Mercedes." This argument is best considered
Answers
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Inductive
b) Deductive
And the correct answer is the option B: Deductive.
Explanation:
To begin with, the term of "Deductive Reasoning", in the logic field, refers to the process that involves the reasoning from one or more statements (that are called premises) with the main purpose of reaching to a conclusion that is drawn from those premises in first place. So therefore that the arguement is best considered to be a deductive one due to the fact that the conclusion of Eric driving a Mercedes because is a vice-president and all the other vice-presidents do it is logically deducted from those facts (premises).
Return on Invested Capital (ROIC) is a profitability ratio that measures how effective the firm is at generating a return for investors who have provided capital (bondholders and stockholders). The ROIC calculation answers three questions: How tax efficient is the firm? How effective are the firm’s operations? How intensively does the firm use capital? Comparing the answers to these questions between firms can help you understand why one firm is more profitable than another and where that profitability is coming from.
In the following, Apple’s ROIC is compared to Blackberry’s. The income statement and balance sheet are provided for both firms. While the ROIC calculation for Blackberry is completed below, you have to complete the calculation for Apple by supplying the correct income statement and balance sheet information. As you fill in this information, the components of Apple’s ROIC will be
calculated along with some supporting ratios. Use these subcomponents and supporting ratios to compare Apple and Blacberry’s performance. Where does Apple’s advantage come from?
This activity demonstrates the calculation of ROIC and the comparison of firm performance, supporting Learning Objective 5-1 and 5-2.
Instructions
Use the income statement and balance sheet information for Apple to fill in the missing items in the calculation of Apple’s ROIC and supporting ratios. Once filled in correctly, compare Apple’s performance to that of Blackberry. Where does Apple have an advantage? Where does Blackberry have an advantage?
Apple, Inc. Blackberry
Income Statement YE Sept 2012 YE Mar 2012
Net sales 156,508
Cost of sales 87,846
Gross margin
Research & development expense 3,381
Selling, general & admin expense 10,040
other operating 0
Total operating expenses
Operating margin
Interest & dividend income 0
Interest expense 0
Other Income / Expense 522
Total Other income
Earnings before taxes
Provision for taxes 14,030
Net income (loss)
Short-term marketable securities
Components 0 Inventories 791 Total current assets
Long-term marketable securities
Other assets
18,423
11,848
1,559
2,600
930
0
0
21
354
Balance sheet YE Sept 2014 YE Mar 30 2012
Cash & cash equivalents 10,746 247
Accounts receivable 10,930 0
Finished goods 0 1,027
68,662
13,421
55,241
522
55,763
41,733
6,575
5,089
1,486
21
1,507
1,153
1,527 3,062 0 1,208
2,733
0 2,645
0
Apple Inc Microsoft Corporation
18,383
Other Current Assets 16,803
Fixed Assets: PP&E (net) 15,452 3,927
0 102,959
57,653
176,064
38,542
19,312
7,071
13,731
3,389
0
Long term assets 6,660
Total assets
Accounts payable Deferred revenue
Total current liabilities Long-term debt
Deferred tax liabilities Other long-term liabilities Long-term liabilities
21,175 0
0 0
Accrued expenses 11,414 0
744
other 5,953
Deferred revenue - non-current 0 0
0
Other non-current liabilities 19,312 242
Total long-term liabilities 242
Answers
Here is the ROIC calculation for Apple, Inc.:
The ROIC calculationNet income (loss) $14,030
Interest expense $0
Taxes $14,030
Net operating profit after taxes $28,060
Average invested capital $176,064
Return on invested capital (ROIC) 15.9%
The following table compares Apple's ROIC to that of BlackBerry:
Company | ROIC
------- | --------
Apple | 15.9%
BlackBerry | 4.9%
As you can see, Apple's ROIC is significantly higher than BlackBerry's. This is due to a number of factors, including Apple's higher gross margin, operating margin, and net income.
Apple also has a lower tax rate than BlackBerry, which helps to boost its ROIC.
Here are some of the reasons why Apple has an advantage over BlackBerry:
Apple has a stronger brand and a more loyal customer base.Apple's products are more innovative and user-friendly than BlackBerry's products.Apple has a more efficient supply chain and a more effective marketing strategy.Blackberry does have some advantages over Apple, such as its strong security features and its experience in the enterprise market. However, these advantages are not enough to offset Apple's overall advantages.
Overall, Apple is a more profitable company than BlackBerry. This is due to a number of factors, including Apple's strong brand, innovative products, efficient supply chain, and effective marketing strategy.
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Assuming Brokerage fees of $6000, calculate the amount of cash needed to retire Baldwin's 11.2S2024 bond early?Series# Face Yield Close$ S&P 11.2S2024 $5,675,277 11.6% 96.80 BBB A.) $5,499,668B.) $5,493,668C.) $5,675,277
Answers
Answer:
A. $5,499,668
Explanation:
Amount of cash needed to retire Baldwin's 11.2S2024 bond early = Market value + Brokerage
= ($5675277 * 96.80 /100) +$6000
= $5,493,668.136 + $6000
= $5,499,668.136
= $5,499,668
Is true or false Each person must determine the priority of his/her loyalties and weigh the consequences of withholding confidential information, when asked to withhold information that is harmful to others or illegal.
Answers
Answer:
sojajshsjsushshhjuehsysususuhwअंफंफःछठःफृठःछःछःचंटंपफंअंफफंफंअंफखःबेऋठधछदगं
false because the f of the true shs is true
Dion has created a SWOT analysis for his business plan. In which section of his business plan will he place his analy
О А.
OB.
0 с.
OD. marketing and sales
executive summary
company description
market research
Reset
Next
Answers
In a case whereby Dion has created a SWOT analysis for his business plan the section of his business plan that he will place his analysis is company description.
What is SWOT analysis?The SWOT analysis is an important tool for evaluating the internal and external factors that affect a business. By identifying its strengths and weaknesses, a company can determine how to capitalize on its advantages and improve its weaknesses. By identifying opportunities and threats, a company can develop strategies to take advantage of market trends and mitigate risks.
Therefore, Dion's SWOT analysis will help readers of the business plan to understand the strengths, weaknesses, opportunities, and threats of his business, and how he plans to leverage these factors to achieve his goals.
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Identify the South African barriers to entry market share
Answers
Barriers to entry in South Africa include:
High startup costsLimited access to financingWhat are some barriers to entry ?Some industries in South Africa entail expensive start-up costs like procurement of equipment, infrastructure development or acquiring licenses which can be limiting for new entrants.
Several startups may encounter challenges in obtaining financial aid due to limited capital availability or stringent borrowing rules as well as exorbitant interest charges. The regulatory framework within the country is multifaceted and applies robust controls across a multitude of sectors that may be restrictive for businesses trying to establish themselves.
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During the month of July, the company had the following activities: Issued 4,500 shares of common stock for $450,000 cash. Borrowed $38,500 cash from a local bank, payable in two years. Bought a building for $201,500; paid $53,500 in cash and signed a three-year note for the balance. Paid cash for equipment that cost $247,000. Purchased supplies for $10,600 on account. Prepare a classified balance sheet at July 31.
Answers
Answer:
classified balance sheet at July 31.
Assets
Non-Current Assets
Building $201,500
Equipment $247,000
Total Non-Current Assets $448,500
Current Assets
Supplies $10,600
Cash ($450,000 + $38,500 - $53,500 - $247,000) $188,000
Total Current Assets $198,600
Total Assets $647,100
Equity and Liabilities
Equity
Common Stock $450,000
Total Equity $450,000
Liabilities
Current Liabilities
Account Payable $10,600
Total Non Current Liabilities $10,600
Non-Current Liabilities
Note Payable ($38,500 + $148,000) $186,500
Total Non Current Liabilities $186,500
Total Liabilities $197,100
Total Equity and Liabilities $647,100
Explanation:
A Balance Sheet is a Financial Statement report that shows the Assets, Liability and Equity balances as at the end of the Reporting period.
Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
Answers
The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.
Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.
Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.
On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.
Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.
Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.
Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.
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A friend proposes a gamble to you. You roll 2 fair, six-sided dice, and add up the results of each die to find your total number. If your roll totals a 5 or 7, your friend pays you $10. If you roll any other total, you pay your friend $4. What is your expected payoff from playing this game 100 times
Answers
The payoff if you gamble 100 times is 22 dollars.
What is the probability of getting a 5 or a 7?When you roll two dices, there are 36 different probabilities. Based on this number let's find out the probability of getting a 5 or a 7.
5= 1+4 / 4+1 /2+3 /3+27= 1+6/6+1 /2+5/ 5+2/3+4/4+3This means the probability is 10/36 or 0,277 or 27%.
How many times will you probably win?If you play 100 times you will win 27 times, this means you will get $270. In the same way, you will lose 73 times and this means you will pay $292.
This means the payoff would be -22 dollars (292-270=22).
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glass co. had net income of $70,000 during the year. Depreciation was $10,000. the following information is available: accounts receivable increase (sale price $100,000) non trade notes payable increased by 50,000, equipment purchases increased by 40,000 account payable increase 30,000. what amount should galss report as net cash provided by investing activities
Answers
Answer:
Net cash from investing activities (40,000)
Explanation:
The investing activities are those that pertain to the purchase and sales of non-current assets and marketable securities.
Example of such includes the sales and purchase of property plant an equipment. Therefore, the only item to be considered here is the purchase of equipment.
$
Investing activities
Equipment purchase (40,000)
Net cash from investing activities (40,000)
You are buying a new Porsche Boxter, priced at $65,200. You will pay $4,700 now and the rest monthly, in a four-year loan. All rates are monthly compounded APRs. The automobile dealership is offering a sales promotion where either:
You will receive a $2,000 discount cheque now and the annual interest rate on the loan is 6.1%, or
The annual interest rate on the loan will be 1.2% but there is no discount.
Compare the two options by calculating the present value of each option, assuming the discount rate is 8%.
Answers
You are buying a new Porsche Boxter, priced at $65,200.--------------.
Total PV of option 1 is $55,211.85
Total PV of option 2 is$57,645.32
So, according to the calculation of present value with a discount rate of 8%, option 1 is the better option, with a total PV of $55,211.85 compared to option 2's total PV of $57,645.32.
What is price?Price is the amount of money or value that is assigned to a particular product, service, or commodity. It is the exchange value of a good or service in the market, representing the amount of money that a buyer is willing to pay to acquire it, and the amount of money that a seller is willing to accept in exchange for it.
Prices are determined by various factors, such as supply and demand, production costs, competition, market trends, and other economic and social factors.
In the above case, the price of the new Porsche Boxter is $65,200.
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Why does the bank generally print the address of the check writer on the upper left-hand corner of the check?
Maria V. Bowen’s Check for $42.92 is dated March 6, 2019. Pay to the order of Credit Card Company.
A. To prevent people from bouncing a check (i.e., a NSF transaction)
B. To contact the check writer if a check bounces.
C. To advertise its products on the front of a check.
D. To prevent people from stealing checks.
Answers
To contact the check writer if a check bounces the bank generally print the address of the check writer on the upper left-hand corner of the check.
Option B is correct
The bank generally prints the address of the check writer on the upper left-hand corner of the check to be able to contact the check writer if a check bounces or is returned due to non-sufficient funds (NSF). By having the check writer's address on the check, the bank can contact the check writer to inform them that the check bounced and to try to resolve the issue.
This also helps the bank to verify the identity of the check writer and to prevent check fraud.
Option B is correct
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why do we have to pay
Answers
Answer:
you have to pay because it's a trade instead of for an example trading a coat for a meal you would give pay money to get the object.
Explanation:
Hope this helps:)
Identify what constitute the combination of traits, which result from the interaction of genes and environment.
O personality
O locus of control
O ethnocentrism
O perception
Answers
Answer:
Personality
Explanation:
the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality.
The personality from the interaction of genes and environment.
What is combination of traits?It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.
Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.
Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.
Therefore, The personality from the interaction of genes and environment.
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Help! Which tasks commonly are performed in Management and Entrepreneurship jobs? Check all that apply.
packaging products
managing budgets
predicting future results
tracking inventory
hiring and supervising workers
visiting customers’ homes
setting goals and strategies
help me i am being help hostage to do homework
Answers
Hello There! The Answer to this problem is: B, C, E, G
Explanation:
Answer:bceg
Explanation:
Test completed
Darin works as a bartender and received $19,500 in regular wages, $800 in overtime wages, $1,200 in tips he reported to his employer, and a bonus of $500. He also received tickets to a baseball game worth $48 as a tip that he did not report to his employer. How much will be the amount on Darin’s Form W-2, box 1?
Answers
The amount reported on Darin’s Form W-2 is $22,000.
In practice, the Form W-2 are maintained by the Employer.
Particulars Amount
Regular time $19,500
Overtime $800
Tips $1,200
Bonus $500
Ticket to a baseball game ($48, bt unreported) $0
Amount reported on Darin’s Form W-2 $22,000
In conclusion, the amount reported on Darin’s Form W-2 is $22,000.
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How does a low credit score affect a person who applies for a loan?
A. It makes banks more likely to give the person a large, long-term
loan.
B. It causes banks to charge the person higher interest rates on the
loan.
OC. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.
D. It allows banks to give the person a loan without checking his or
her tax records,
Answers
A person who requests for a loan and has a low credit score will be subjected to higher interest rates from banks. As a result, choice (B) is accurate.
Between 300 and 550 is regarded as a low credit score. You must make significant efforts to raise your credit score if it is in this area. You will not be qualified to apply for a loan or a credit card if you have a low credit score.
Whether it's a car loan, mortgage, or credit card account, borrowing can be more difficult if you have a poor score interest rates. And even if you are approved, your high risk of default means that you will probably have to pay higher interest rates.
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Revise the following paragraph by incorporating a bulleted list. This information is to let you know that a high-powered MBA program costs hundreds of dollars an hour. However, our program covers the same information. That information includes entrepreneurship tips as well as how to start a business. You will also learn information about writing a business plan and understanding taxes. In addition, our MBA program covers how to go about writing a marketing feasibility study. Another important topic that our program covers is employment benefits plans.
Answers
Answer:
Revision of Paragraph to Incorporate a Bulleted List
A high-powered MBA program costs hundreds of dollars an hour. However, our program covers the same information. That information includes the following:
O entrepreneurship tips as well as how to start a business,
O writing a business plan and understanding taxes,
O writing a marketing feasibility study, and
O employment benefits plans.
Explanation:
To correctly understand a bulleted list, it is important to differentiate it from a numbered list. Each bulleted paragraph is started with a symbol without the use of a number. This means that the list is not ordered in any particular order. On the other hand, a numbered list has a sequential or ordered number for each paragraph list.
Cullumber Company uses a periodic inventory system and reports the following for the month of June.
What is the weighted-average unit cost ?
Answers
For the month of June, Cullumber Company reports using a periodic inventory system. The weighted-average unit cost is $10.117, or $951 ÷ 94.
How do periodic inventory systems record inventory?All purchases made between physical inventory counts are recorded in a purchases account under the periodic inventory system. After a physical inventory count, the balance in the purchases account is moved into the inventory account, where it is rebalanced to match the cost of the finished inventory. Simply put, to determine the weighted average, all data set values must first be multiplied by their respective weights. After that, add up the products that resulted and divide by the total weights. While managing rates, one will as a rule observe that the amount of loads is equivalent to 1 or 100 percent.
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Instruction Active
Identifying Components of a Formula
What are the components that could be used in a mathematical formula? Check all that apply.
Ovariable
expression
value
operator
result
Answers
variable, expression, operator, and result are the components that could be used in a mathematical formula.
Means of expression transform what is expressed by conveying it. From the Cambridge English Corpus. There would have been two possible means of expressing this recognition in orthography.
An English phrase, also commonly called an expression, is a word or phrase that conveys a certain meaning when used in a certain way. Expressions take many forms. For example, collocations, common phrases, and verbs with idioms and phrases. An example definition is a commonly used word or phrase or a way of conveying an idea, feeling, or feeling. An example of an expression is the phrase "a dime saved is a dime earned". An example of a facial expression is a smile.
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Live Trap Corporation received the data below for its rodent cage production unit. OUTPUT INPUT 49,200 cages Production time 630 labor hours Sales price: $3.40 per unit Wages $ 7.40 per hour Raw materials (total cost) $ 31,000 Component parts (total cost) $ 15,355.
Required:
Find the total productivity in Units Sold and Dollars of Sales per Dollar Input.
Answers
Answer:1) Total productivity in units sold = 0.96 units sold per dollar input
2) Total productivity in dollars== $ 3.28 dollars in sales per dollar input
Explanation:
Total output = output cages x sales price = 49,200 cages x $3.40 per unit = = $ 167,280
Total Input =wages+components+ raw materials
Wages = 630 labor hours x $7.40 = $4,662
Raw materials = $ 31,000
Component parts = $ 15,355
Total input =$51,017
1) Total productivity in units sold = Output in units / Input in dollars
=49,200 cages/$51,017 =0.96 units sold per dollar input
2) Total productivity in dollars= Output in dollars / Input =$ 167,280/$51,017 = $ 3.28 dollars in sales per dollar input
Research involving industrially advanced countries suggests that:
A. The more independent the central bank, the lower the average annual growth of real GDP
B. The more independent the central bank, the higher the average annual growth of real GDP.
C. There is no relationship between the degree of independence of a country's central bank and the growth rate of its real GDP.
D. The less independent the central bank, the higher the average annual rate of inflation.
Answers
Research involving industrially advanced countries suggests that d. the less independent the central bank, the higher the average annual rate of inflation
When the central banks are less independent, then the central banks cannot take an immediate step in order to combat the inflationary forces in an economy. It is because economic inflation can be immediately reduced by declining the extent of the money supply. As a result, when the central banks are bound by certain authorities, then inflation will be approached towards limitless extents.
Industrially advanced countries-The United States, Canada, Australia, New Zealand, Japan, and the majority of western Europe are among the industrially advanced nations (IACs). Their market economies were built on substantial inventories of capital goods, cutting-edge technologies, and an educated work population.
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what is business management
Answers
Business management is the process of organizing, planning, leading, and controlling the resources of an organization to achieve its goals and objectives.
Business management involves coordinating human, financial, and technological assets to ensure the organization's success. In business management, managers develop strategies, implement policies, and make decisions to direct the operations of the company. They also monitor performance and make necessary adjustments to achieve desired outcomes. Key components of business management include strategic planning, operational management, human resource management, financial management, and marketing management. By effectively managing these elements, business managers help organizations maximize profits, maintain a competitive edge, and create a sustainable growth path. Overall, business management is crucial for the success and growth of any organization, as it allows for the efficient utilization of resources and the achievement of strategic objectives.
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Problems that may occur in a business due to lack of bureaucracy
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Answer:
Bureaucracy helps to form a rigid organisation.
Explanation:
Any corporation needs formal as well as informal work groups in the organisation for a corporation to achieve its targets it will need the presence of a bureaucratic approach.
bureaucracy in the organisation is to increase the level of formality,
better communication among the colleagues
as well as increase overall productivity.
Which is a true statement?
O A real interest rate that is equal to current inflation is desirable,
O A real interest rate that is higher than current inflation is desirable,
O A nominal interest rate that is equal to current inflation is desirable,
O A nominal interest rate that is lower than current inflation is desirable
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Answer:
O A real interest rate that is higher than current inflation is desirable,
Explanation:
The real rate is the nominal rate of interest after considering the inflation rate. The nominal rate is the interest rate quoted by financial institutions. It shows the percentage of return expected on a deposit or loan. The inflation rate communicates the rate at which prices are increasing in the economy.
The real rate is equivalent to the nominal minus the inflation rate. An ideal situation is when the real rate is higher than the inflation rate. In such a situation, the rate of money growth is higher than the price increases. It means the invested amount will increase in value. At the end of a period, the invested amounts will buy more goods and services than
Answer:
A real interest rate that is higher than current inflation is desirable.
Explanation:
I did the test and got it right.
You will prepare a SWOT analysis using James Avery . As a reminder, your company's strengths and weaknesses are internal, issues you have control over and can modify. Opportunities and threats are external; matters going on outside your company, in the larger global market
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James Avery's strengths lie in its strong brand image, product differentiation, and customer loyalty, but it faces weaknesses in limited international presence and production constraints, while opportunities lie in market expansion and customization, and threats include intense competition and changing consumer preferences.
SWOT Analysis of James Avery:
Strengths:
Strong Brand Image: James Avery has a well-established and recognized brand known for its high-quality craftsmanship and unique designs.
Product Differentiation: The company offers a wide range of handcrafted jewelry pieces, allowing it to stand out in the market and cater to diverse customer preferences.
Customer Loyalty: James Avery has a loyal customer base due to its reputation for superior customer service, personalized shopping experiences, and long-lasting jewelry.
Vertical Integration: The company controls its entire production process, from design to manufacturing, ensuring quality control and efficient operations.
Retail Presence: With over 90 retail stores and a strong online presence, James Avery has a widespread reach, providing convenient access to its products.
Weaknesses:
Limited International Presence: The company primarily operates within the United States, limiting its exposure to global markets and potential customers.
Relatively High Price Point: James Avery's handcrafted jewelry often comes with a higher price tag compared to mass-produced alternatives, potentially limiting its market share among price-sensitive customers.
Dependency on Traditional Designs: While the company's traditional designs have been popular, there is a need to continually innovate and adapt to changing fashion trends to appeal to a wider audience.
Production Constraints: Handcrafted jewelry production can have limitations in terms of scalability and speed, which may affect the company's ability to meet increasing demand.
Opportunities:
Market Expansion: James Avery can explore international markets and expand its retail footprint to reach a larger customer base.
Online Sales Growth: The company can capitalize on the growing e-commerce trend by enhancing its online platform and digital marketing strategies.
Customization and Personalization: Offering customizable jewelry options can attract customers seeking unique and personalized pieces.
Collaboration and Partnerships: Collaborating with fashion designers or influencers can help James Avery reach new audiences and create exclusive collections.
Threats:
Intense Competition: The jewelry industry is highly competitive, with both traditional and online retailers vying for market share.
Economic Factors: Economic fluctuations, recessions, or changes in consumer spending patterns can impact discretionary purchases like jewelry.
Counterfeit Products: The presence of counterfeit jewelry in the market poses a threat to James Avery's brand reputation and sales.
Changing Consumer Preferences: Shifting fashion trends or evolving consumer preferences may require the company to adapt its designs and offerings to stay relevant.
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