The implicit cost per year of operating the deli is $76,000, considering lost income, expenses, and opportunity costs. The correct answer is option c) $76,000.
To calculate the implicit cost per year of operating the deli, we need to consider the various costs associated with starting the business and the opportunity costs of giving up other sources of income.
Maryann gives up her job with an annual income of $20,000, which represents an opportunity cost as she could have earned that amount if she had continued working. Similarly, Don gives up his part-time job with an annual income of $10,000.
In addition, they must liquidate their money market fund, which earns $1,000 in interest annually. By using this fund for their deli, they are giving up the opportunity to earn that interest income.
Furthermore, they have to pay an annual rent of $10,000 for the building and incur expenses of $35,000 for utilities, corned beef, pickles, and other necessities.
Adding up these costs, the implicit cost per year of operating the deli is $20,000 (Maryann's lost income) + $10,000 (Don's lost income) + $1,000 (interest from the money market fund) + $10,000 (rent) + $35,000 (expenses) = $76,000.
Therefore, the correct answer is option c) $76,000.
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Using the chart, identify an example of absolute advantage for the United States over either Country A or Country B. Be sure to identify the product and the country. Explain how the availability and use of a natural resource may impact advantage.
Answer:
Absolute advantage is the advantage that a country has when it can produce a particular good or service at a lower cost than other countries.
Explanation:
The United States, in particular, has absolute advantage in the production of oil. Currently, the U.S. is the largest oil producer in the world, with around 15 million barrels a day.
This advantage occurs because the United States has ample oil deposits, both conventional and non-conventional (non-conventional deposits are those that can only be exploited through fracking), and also because the U.S. has the technical capacity, both in terms of infrastructure and human capital, to exploit those oil deposits in a satisfactory manner, and more importantly, in a more efficient and cheaper way than most other countries in the world.
what happens when the government runs out of money?
Answer:
cdtdtuky ue ysruosixsyxsiysc
no one will get paid any money
PA10-3 Evaluating Managerial Performance, Proposed Project Impact on Return on Investment, Residual Income [LO 10-4, 10-5]. Wescott Company has three divisions: A, B, and C. The company has a hurdle rate of 8 percent. Selected operating data for the three divisions are as follows:
Division A Division B Division C
Sales revenue $ 1,255,000 $ 920,000 $ 898,000
Cost of goods sold 776,000 675,000 652,000
Miscellaneous operating expenses 64,000 52,000 53,100
Interest and taxes 48,000 41,000 41,500
Average invested assets 8,300,000 1,930,000 3,215,000. Wescott is considering an expansion project in the upcoming year that will cost $5 million and return $450,000 per year. The project would be implemented by only one of the three divisions.
Required:
1. Compute the ROI for each division. (Do not round your intermediate calculations.)
2. Compute the residual income for each division. (Loss amounts should be indicated by a minus sign.)
3.Rank the divisions according to the ROI and residual income of each.
4-a. Compute the return on the proposed expansion project.
4-b. Is this an acceptable project? No Yes
5.Without any additional calculations, state whether the proposed project would increase or decrease each division’s ROI and state whether the division manager would accept or reject the proposed project.
6. Compute the new ROI and residual income for each division if the project was implemented within that division. (Loss amounts should be indicated by a minus sign. Do not round your intermediate calculations. Round "ROI" answers to 2 decimal places.
A capital project called an expansion project involves a company expanding its operations.
Explain about the capital project?A capital project is a protracted, money-intensive attempt to increase, improve, or repair a capital asset. Capital projects differ from other types of investments in terms of their size and cost since they demand more planning and resources.
If an asset is used to support a company's activities and has a minimum one-year useable life, it is regarded as a capital asset. On the other hand, if an asset has an useable life of at least one year and has no impact on a company's main cash-generating operations, it is regarded as a non-capital asset.
When purchasing capital assets, you need to create a project with clearly defined beginning and ending points.
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Four year universities are the only type of school worth attending. True False
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
Bob’s Bistro produces party-sized hoagie sandwiches. For next year, Bob’s Bistro predicts that 50,000 units will be produced with the following total costs:
Direct materials $200,000
Direct labor 100,000
Variable overhead 60,000
Fixed overhead 260,000
Required:
If required, round your answers to the nearest cent.
1. Calculate the prime cost per unit.
$fill in the blank 1 per unit
2. Calculate the conversion cost per unit.
$fill in the blank 2 per unit
3. Calculate the total variable cost per unit.
$fill in the blank 3 per unit
4. Calculate the total product (manufacturing) cost per unit.
$fill in the blank 4 per unit
5. What if the number of units decreased to 40,000 and all unit variable costs stayed the same? indicate the impact on the following costs.
a. Total direct materials decreases by 20%
b. Total direct labor decreases by 20%
c. Total variable overhead decreases by 20%
d. Total fixed overhead does not change no change
e. Unit prime cost decreases by 20%
f. Unit conversion cost decreases by less than 20%
What would the product cost per unit be in this case?
1. The calculation of the prime cost per unit for Bob’s Bistro is $6 ($300,000/50,000).
2. The calculation of the conversion cost per unit for Bob’s Bistro is $7.20 ($360,000/50,000).
3. The calculation of the total variable cost per unit for Bob’s Bistro is $ $7.20 ($360,000/50,000).
4. The calculation of the total product (manufacturing) cost per unit $12.40 ($620,000/50,000).
5. The impact of the following considerations if the production units decrease to 40,000 units is as follows:
a. The total direct materials decreases by 20% to $160,000 (40,000 x $4).
b. The total direct labor decreases by 20% to $80,000 (40,000 x $2).
c. The total variable overhead decreases by 20% to $48,000 (40,000 x $1.20)
d. The total fixed overhead remains at $260,000.
e. The unit prime cost decreases by 20% to $4.80 ($6 x 80%).
f. The unit conversion conversion decreases by less than 20%.
Then, the product cost per unit would be $12.50 (40,000 x $4.80 + $48,000 + $260,000)/40,000.
What are the costs of production?The costs of production are the costs involved in the manufacture of goods.
The costs of production include the costs of materials, labor, and overhead (both variable and fixed).
Data and Calculations:Production units next year = 50,000 units
Cost information: Total Unit
Direct materials $200,000 $4 ($200,000/50,000)
Direct labor 100,000 $2 ($100,000/50,000)
Variable overhead 60,000 $1.20 ($60000/50,000)
Total variable costs = $360,000 $7.20 ($360,000/50,000)
Fixed overhead 260,000
Total production costs = $620,000
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how many tines in earth does the sun intersect equartor
Answer:
два
Explanation:
Suggest to the development bank of namibia of how effective managment of businesses can make them convinced to fund businesses willing to manufacture imported goods in the country
Effective management practices such as market research, clear business plans, and strong employee teams can increase the chances of funding for manufacturing businesses, contributing to Namibia's economic growth.
To convince the Development Bank of Namibia to fund businesses willing to manufacture imported goods in the country, it is important to demonstrate the benefits of effective business management. Effective management can help businesses optimize their operations and increase productivity, which can lead to improved profitability and sustainable growth.
To start, businesses should have a clear understanding of their target market and the demand for their products. By conducting market research, businesses can identify gaps in the market and tailor their products and services to meet customer needs. This will help ensure that the manufactured goods are competitive in the domestic and international markets.
In addition, businesses should have a well-defined business plan, which includes clear financial projections, marketing strategies, and operational plans. This will provide the Development Bank of Namibia with a clear understanding of the viability of the business and its potential for success.
Effective management also involves building a strong team of skilled and motivated employees. This includes providing ongoing training and development opportunities, promoting a positive work culture, and offering competitive compensation packages.
By demonstrating effective management practices, businesses can increase their chances of securing funding from the Development Bank of Namibia. This, in turn, will help support the growth and development of the manufacturing sector in Namibia, ultimately contributing to the country's economic growth and development.
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Through the use of artificial intelligence, firms monitor the price elasticity of demand, which measures the
a) pricing of competitor’s products.
b) time it will take a firm to earn back its product-related costs.
c) market’s response to a change in price.
d) consistency of a firm’s pricing strategy.
e) point-of-sale data and whether specific objectives are being met.
Through the use of artificial intelligence, firms are able to monitor the price elasticity of demand, which is a measure of the market's response to a change in price.
This means that AI technology can help firms determine the optimal price point for their products based on customer demand and behavior. By analyzing point-of-sale data and tracking whether specific objectives are being met, AI can provide valuable insights into pricing strategies that may not have been possible with traditional methods. This allows firms to adjust prices quickly and efficiently in response to market changes and stay competitive with pricing of their products. Therefore, the correct answer to the question is (c) market's response to a change in price.
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3. Which type of bank card immediately deducts payment for purchases from the cardholder's
checking account?
A.)credit card
B.)debit card
C.)prepaid card
D.)smart card
Answer:
debit card
Explanation:
debit card (also known as a bank card, plastic card or check card) is a plastic payment card that can be used instead of cash when making purchases. It is similar to a credit card, but unlike a credit card, the money is immediately transferred directly from the cardholder's bank account to pay for the transaction.
Answer:
c
Explanation:
it has a certain amount that you can spend on it
One of the major pillars upon which the practice of mercantilism rested was ________.A) economies of scaleB) pricing mechanismC) excessive importsD) trade surpluses
One of the major pillars upon which the practice of mercantilism rested was trade surpluses. The correct option is D.
Trade surpluses were one of the major pillars upon which the practice of mercantilism rested. Mercantilism was an economic theory and practice dominant in Europe from the 16th to the 18th century. It aimed to increase a nation's wealth and power by accumulating precious metals, promoting exports, and limiting imports.
Under mercantilism, countries sought to achieve trade surpluses, which means exporting more goods than importing. This was believed to enhance the nation's wealth by increasing its stock of precious metals, such as gold and silver. The accumulation of precious metals was considered crucial for the economic and military strength of the nation.
Trade surpluses were encouraged through various policies, including imposing tariffs and quotas on imports, providing subsidies to domestic industries, and establishing colonies as sources of raw materials and markets for exports.
In summary, trade surpluses were a central objective of mercantilism, reflecting the belief that a nation's economic prosperity and power were closely tied to its ability to export more than it imported. The correct option is D.
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explain the effect on the demand for reserves or the supply of reserves of the following fed policy action: an increase in the interest rate paid on reserves a. this would decrease the demand for reserves. b. this would decrease the supply of reserves. c. this would raise the interest rate at which the demand curve becomes horizontal. d. this would raise the interest rate at which the supply for reserves becomes horizontal.
The impact of the ensuing Fed policy move on the supply or demand for reserves would be increased by this, increasing the rate of interest at which demand curve becomes horizontal.
What is the Federal Reserve's primary goal?monitoring and controlling banks and other significant financial institutions to guarantee the stability of the country's banking and financial sector and to safeguard the credit rights of customers. preserving the financial system stability and limiting potential systemic risk in the financial markets.
What is the current Fed rate for 2022?Visit How You Make Money for additional details. The target range for the federal funds rate was recently increased by the Federal Reserve to 4.25%–4.50%. The rate now stands at its highest level since December 2007 as a result of the 50 basis point hike. The rate increase for 2022 is the seventh in a row.
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As a rule of thumb, how often should an entrepreneur reevaluate her compensation package? Question 27 options: Every month Every 6 months Every 12 months Every 18 months
Marketing questions:
For what type of product category does the reference groups influence exert more strongly? Compare the reference group's influence exerted in the purchase of daily vitamins and running shoes
The reference group's influence is generally stronger in the purchase of running shoes compared to daily vitamins.
When it comes to product categories like running shoes, the influence of reference groups tends to be more significant. Reference groups are social groups or individuals that an individual looks up to or seeks guidance from when making purchasing decisions.
In the case of running shoes, individuals often turn to reference groups such as professional athletes, fitness enthusiasts, or running communities for advice, recommendations, and opinions on which brands or models to choose.
These reference groups hold expertise and experience in the specific product category, and their influence can heavily impact an individual's decision-making process.
On the other hand, the purchase of daily vitamins typically involves personal health and well-being considerations. The decision to purchase daily vitamins often revolves around personal preferences, dietary needs, and individual health goals.
While some individuals may consult healthcare professionals or seek input from friends and family, the influence of reference groups in this product category is generally less pronounced compared to a category like running shoes, where the performance, style, and brand reputation can be significant factors influenced by reference groups.
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Explain the functions of a vice- president of India.?
The Vice- President performs the following normal functions as Chairman of the Rajya Sabha:
1. He is the ex-officio Chairman of the Rajya Sabha . At such , he regulates the proceedings of this House.
2. He decides about the admissibility of a question or a resolution in the Rajya Sabha.
3. The Vice- President decides about the serial order amd time limit of speech of a member.
4. He may suspend the proceedings of the House, in case of grave disorder.
5. He issues directions to the Chairmen of different committees of the House.
As Vice- President has no significant function, except ceremonial, i.e., to receive certain categories of VIP's from abroad . He undertakes goodwill missions abroad. He takes over a the President in case of :
A. Death of the President in office,
B. Resignation of the President
C. Removal of the President
D. Incase of illness, absence.
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flexible spending accounts allow you to contribute ______ dollars to an account managed by your employer. quizle
Flexible Spending Accounts allow employees to contribute pretax dollars to an account managed by their employer. So, the correct answer is pretax.
A Flexible Spending Account (FSA) is a benefit offered by employers that allows employees to contribute a portion of their pre-tax earnings to an account managed by the employer. The primary purpose of an FSA is to help employees save money on taxes by reducing their taxable income. By contributing pre-tax dollars to the account, employees effectively lower their overall taxable income, resulting in potential tax savings.
The funds in the FSA can be used to cover eligible expenses, such as medical and dental costs, prescription medications, and dependent care expenses. It's important to note that FSAs usually have a maximum contribution limit determined by the employer or regulatory guidelines. Any unused funds in the FSA may be forfeited at the end of the plan year or carried over to the next year, depending on the employer's policy or the use of a grace period or rollover provision.
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Explain how your money personality affects your spending behavior.
Answer:
I think that
Explanation:
if you spend your time making money your either the person who would like to spend it on stuff, or you would save it up for something.
Why is a brand important to a business?
Which of the following is an example of an effective persuasive speech topic for a group of elementary school children? (edge 2022)
a.
the origins of Santa Claus in different cultures around the world
b.
abstinence: the best protection
c.
read at least 20 minutes a day
d.
staying in school is cool
If an agent recommends that a client invest a portion of his portfolio in an international stock fund and is asked whether she should compare the performance of the fund against the S&P 500 Index, how should the agent respond?
Answer:
A) No, it is preferable to compare the fund against the Morgan Stanley Capital International Europe, Australasia, Far East (EAFE) Index because it covers international securities.
Explanation:
As It is important that a specific mutual fund should be compared against the benchmark i.e. considered appropriate. The performance of the international fund should also be compared against the foreign stock index like EAFE index
So in this way the agent should be responded to the current situation
Therefore the option a is correct
What is the difference between a total and a subtotal?
Explanation:
SUB-TOTAL:
The total for a part of a list of numbers being summed.
TOTAL:
An amount obtained by addition of smaller amounts.
Answer:
subtotal is all the different parts being added together from different list.
total is the all items being added together plus tax.
Explanation:
Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.
Answer: I'm going to take a guess and say 1 and 3.
Explanation: Just taking a guess.
The following income statement and additional year-end information is provided.
SONAD COMPANY
Income Statement
For Year Ended December 31
Sales $ 1,513,000 Cost of goods sold 741,370 Gross profit 771,630 Operating expenses Salaries expense $ 207,281 Depreciation expense 36,312 Rent expense 40,851 Amortization expenses—Patents 4,539 Utilities expense 16,643 305,626 466,004 Gain on sale of equipment 6,052 Net income $472,056 Accounts receivable $ 18,700 increase Accounts payable $ 12,525 decrease
Inventory 34,225 increase Salaries payable 1,250 decrease
Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
Sonad Company's operating activities section of the cash flow statement (indirect method) reveals a cash provided by operating activities amounting to $1,044,611. This is achieved by adjusting net income of $472,056 for non-cash expenses and changes in working capital accounts, resulting in a total adjustment of $572,555.
To prepare the operating activities section of the statement of cash flows using the indirect method, we need to reconcile the net income to the cash provided by operating activities by adjusting for non-cash expenses and changes in working capital accounts.
First, we start with net income of $472,056. Then, we make adjustments for the non-cash expenses and gains/losses:
- Depreciation expense: Add back $36,312.
- Amortization expenses—Patents: Add back $4,539.
- Gain on sale of equipment: Deduct $6,052.
Next, we consider the changes in working capital accounts. Accounts receivable increased by $18,700, which means cash decreased by this amount.
Accounts payable decreased by $12,525, indicating an increase in cash. Inventory increased by $34,225, which means cash decreased. Salaries payable decreased by $1,250, indicating an increase in cash.
Adding up these adjustments and changes, we have:
Net income: $472,056
+ Depreciation expense: $36,312
+ Amortization expenses—Patents: $4,539
- Gain on sale of equipment: $6,052
- Increase in accounts receivable: $18,700
+ Decrease in accounts payable: $12,525
- Increase in inventory: $34,225
+ Decrease in salaries payable: $1,250
The total of these adjustments is $572,555. Finally, we calculate the cash provided by operating activities by adding the net income and the adjustments:
Cash provided by operating activities = Net income + Adjustments
Cash provided by operating activities = $472,056 + $572,555
Cash provided by operating activities = $1,044,611
Therefore, the operating activities section of the statement of cash flows using the indirect method shows cash provided by operating activities of $1,044,611.
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Chef’s apron gas money food movies
Culinary knives car insurance electric bill dining out
Which label belongs over column D
Answer:I believe the answer is D. "want"
Explanation:
Answer:
cost
Explanation:
which step of business process management allows managers to create a continually improving process?a. Step 3: process executionb. Step1: process designc. Step 5: proses optimizationd. Stepp 4: process monitoring
Step 5: process optimization is the step of business process management that allows managers to create a continually improving process. Option C is correct.
This step involves analyzing data from the process and identifying opportunities for improvement. Once opportunities are identified, changes are made to the process, and then the process is tested to see if the changes have had the desired effect.
The process is then monitored to ensure that the changes are sustainable and that the process continues to perform well over time. By continually optimizing the process, managers can ensure that their organization is operating efficiently and effectively.
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Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?
treasury bonds
municipal bonds
corporate bonds
general obligation bonds
Answer:
The principal of a Brady bond is backed by U.S. Treasury bonds that are deposited with the Federal ... A corporate bond has a 12% nominal yield. ... General Obligation Bond's credit risk:.
Explanation:
try it
Treasury bonds are the type of bonds would you suggest the purchase. Hence, option A is correct.
What is Treasury bonds?Until they complete, Treasury bonds provide a fixed rate of interest every six months. They are given out for 20 or 30 year contracts. Treasury Direct is where a person may purchase Treasury bonds from a financial institute. Additionally, a person can purchase them from a bank or broker.
Treasury bonds are among the safest assets a person can buy because they are supported by the full faith and credit of the United States Government. They often don't provide a very high return because there is so little chance that you will lose money.
Thus, option A is correct.
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which of the following is not a potential site activation function upgrading facilites acquiring real estate fault tree analysis building roads
The following are the five fundamental steps to performing a fault tree analysis: Determine the danger. Obtain knowledge of the system under analysis.
Fault Tree creation. FTA has restrictions as well. The model is one dimension only. FTA doesn't account for time or an analysis useful life, which could be problematic when developing a new product. A binary system is FTA. FTA is used in risk analysis as a method to detect single faults and common cause knowledge that lead to dangerous circumstances or failures and to offer an estimate of fault probabilities. Finding the worst case of failure is the first step in the procedure.
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Given the following information, if there are currently 60 units of inventory, the available to promise will show. Week 1 2 3 4
Forecast Demand 120 120 120 120
Actual Customer Orders 85 100 35 20
Available to Promise MPS 250 250 a. 130, 130, 130, 130
b. 165, 65, 30, 230
c. 130, 10, -110, 130
d. 30, 0, 0, 230
Net and gross requirements are shown on an assembly-time chart while taking into consideration the inventory that is currently on hand.
How does inventory work?Resources are all the goods, products, and materials that a business has available for sale in order to turn a profit. Exemplar: Only the newspaper will be considered inventory if a newspaper vendor uses a car to ring bells to customers. The vehicle will be regarded as an asset.
What is the inventory formula?Calculating beginning inventory requires determining the cost of goods sold (COGS). The cost of new inventory acquisitions should then be subtracted, and the value of the most recent end stock should be added. The calculation is (COGS + closing balance) - purchases.
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Which c of the four c’s of marketing associates withe the promotion element of the marketing mix
Answer:
Communication
Explanation:
In the four Ps of marketing, promotion is closely associated with communication in the 4c of marketing. Promotions are the activities a business undertakes to convince customers to buy a product. Communication is a more customer-oriented approach compared to a promotion, which can be manipulative.
Communication involves creating an interaction between buyer and seller. The buyer seeks to form a relationship with the sellers and convince them to buy.
What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders
Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.
The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.
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According to the video, what tasks are commonly performed by Farmworkers instead of by machines? Select three
options.
weeding
Opruning
preparing soil
transplanting
planting
Answer:
A: weeding
B: pruning
D: transplanting
Explanation:
trust me i just did it
enjoy :)