Menlo Company distributes a single product. The company's sales and expenses for last month follow:
(c) How many units would have to be sold each month to earn a target profit of 90,000 ? Use the formula method. Verify your answer by preparing a contribution format income statement at the target sales level.

Answer: $77.13

Explanation:

Based on the information given in the question, the current price of Lee's stock will be calculated thus:

First, the required rate of return will be:

= 8% + (1.5 × 6%) = 8% + 9% = 17%

Year 1:

Cash flow: 1.05

Present value: 0.90

Year 2:

Cash flow: 1.47

Present value: 1.07

Year 3:

Cash flow: 2.06

Present value: 1.28

Year 4:

Cash flow: 118.34

Present value: 73.88

The current price of Lee's stock will be:

= 0.90 + 1.07 + 1.28 + 73.88

= 77.13

The current price of Lee's stock is $77.13.

According to the goods-service continuum, an entirely intangible offering would be a service. Therefore, out of the options provided, the taxi ride would be the entirely intangible offering.

While an air flight with lunch and a golf club both have tangible elements (the airplane and the physical club), the service of the flight and the act of playing golf are also part of the offering. In contrast, a taxi ride is solely a service provided by the driver to transport a passenger from one location to another. It does not have a physical product that accompanies it, making it an entirely intangible offering. This highlights the importance of understanding the goods-service continuum and how it can impact marketing strategies and customer experiences.
According to the goods-service continuum, services and goods lie on a spectrum based on their tangibility. At one end, we have tangible goods, and at the other end, we have entirely intangible services. The goods-service continuum helps us understand that most offerings are a combination of goods and services.

Out of the options provided, an air flight with lunch, a golf club, and a taxi ride, the one that is closest to being entirely intangible is the taxi ride. Here's why:

1. An air flight with lunch includes both tangible (airplane seat, meal) and intangible (flight service, convenience) elements.
2. A golf club is primarily a tangible good, with some intangible aspects such as the brand reputation and membership benefits.
3. A taxi ride is mostly an intangible service, as it primarily involves the transportation service, convenience, and safety. Although there are tangible elements like the vehicle itself, they are secondary to the core service provided.

Thus, the taxi ride is the closest option to being entirely intangible on the goods-service continuum.

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Interest rates tell you the cost of borrowing and the return on your savings. So if you are a borrower,

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The present value of $200 to be received in 10 years, using a 7 percent interest rate, is approximately $116.76. The present value of $300 to be received in 20 years, using the same interest rate, is approximately $116.76 as well.

To compare the present values of the two amounts, we need to calculate the current worth of each future payment based on the given interest rate. The concept of present value helps us determine the value of future cash flows in today's dollars.

The formula to calculate the present value is:

PV = FV / (1 + r)^n

Where:

PV = Present value

FV = Future value

r = Interest rate

n = Number of years

For the first scenario, $200 to be received in 10 years:

PV = 200 / (1 + 0.07)^10

PV = 200 / (1.07)^10

PV ≈ 116.76

For the second scenario, $300 to be received in 20 years:

PV = 300 / (1 + 0.07)^20

PV = 300 / (1.07)^20

PV ≈ 116.76

Using the concept of present value and a 7 percent interest rate, we find that both $200 to be received in 10 years and $300 to be received in 20 years have approximately the same present value of $116.76. This means that, in terms of their current worth, both amounts are equivalent when considering the given interest rate.

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Answer:c

Explanation:

An entrepreneur should focus his or her efforts on ventures that will provide the most profit.

If they invested in something else, they would lose money since the project they chose would yield less profit than the optimal one that would have yielded more.

Thus, Lose Money is correct.

Human capital, sometimes known as "talent" or "employees," was frequently the most highly regarded resource among those polled.

Management and technical workers were regularly mentioned as being very significant by respondents. Debt and equity capital are used to provide access to funding or finance.

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Answer: If you know about taxes you can make better financial descisions because most descisions are made thru taxes. Taxes are numbers and stats that allow us to determine whether or not to buy something.

Explanation:

taxes also show how inflated a market is

Answer:

B to determine whether a price increase

Explanation:

cuz I said

The lease value is $52387.26 if lease payment for five years $ 12,500 and PV pf lease payment at 10%, & lost residual value before tax $5,000 is for 5 year residula at 10% borrowing rate.

The formula for calculating the lease value is given below:

PV = (A/(1 + r)^1 + A/(1 + r)^2 + … + A/(1 + r)^n)

Where,  A = Lease payment, r = Discount rate, and n = Number of lease payments

PV = (12,500/(1 + 0.1)^1 + 12,500/(1 + 0.1)^2 + 12,500/(1 + 0.1)^3 + 12,500/(1 + 0.1)^4 + 12,500/(1 + 0.1)^5)

PV = $47,387.26

Now, to calculate the lease value, we need to add the lost residual value, which is $5,000, to the PV.

PV + Lost residual value =  $47,387.26 + $5,000

Lease value = $52387.26

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For trading to be profitable for both Big and Rob, Big must send Rob at least 179 pigs.

Let's say Rob and Big both grow and sell animals. Rob and Big can raise these creatures to various degrees since they each have particular strengths. Rob can generate either 10 cows or 20 piglets in a single day. Big is able to generate 36 piglets or 9 cows in a single day. Let's say Rob and Big decide to trade only in their areas of expertise. Rob will produce 300 cows and 0 pigs in a month (30 days), whereas Big will generate 1080 pigs and 0 cows.

Now, as the aforementioned claim shows:

IN 1 DAY:

What ROB can create

ten cows or twenty hogs.

BIG can generate:

Either 36 pigs or 9 cows.

Big and Rob will each produce 1080 pigs and 300 cows respectively for specialisation.

Rob gives Big 89 cows as payment.

In order for them both to gain from the deal,

number of pigs Big must at least send Rob as follows:

Cows Rob has 211 cows after sending 89 to Big.

Rob has an 8-day production rate of 89 cows.

Rob can produce 178 pigs in 8.9 days, or 8.9 (20).

For trading to be profitable for both Big and Rob, Big must send Rob at least 179 pigs.

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Answer:b

Explanation:

We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.

In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.

One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.

To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.

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The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

The following information is relevant:

Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

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True. Individuals who have difficulty deciding may experience higher levels of post-purchase dissonance.

This is because they may have a harder time reconciling their decision with the options they did not choose, and may be more likely to second-guess themselves and feel regret. Post-purchase dissonance is the feeling of discomfort or uncertainty that arises after making a purchase, and it can be influenced by a number of factors including decision-making difficulty.

Post-purchase dissonance is the psychological discomfort or tension that a consumer may experience after making a purchase decision. It is the feeling of regret, doubt, or uncertainty that can arise when a consumer believes that they may have made the wrong choice. Post-purchase dissonance can occur when there are multiple options available, when the decision is complex, or when the consumer has high involvement or emotional attachment to the purchase.

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True. Individuals who have difficulty deciding may experience higher levels of post-purchase dissonance.

This is because they may have a harder time reconciling their decision with the options they did not choose, and may be more likely to second-guess themselves and feel regret. Post-purchase dissonance is the feeling of discomfort or uncertainty that arises after making a purchase, and it can be influenced by a number of factors including decision-making difficulty.

Post-purchase dissonance is the psychological discomfort or tension that a consumer may experience after making a purchase decision. It is the feeling of regret, doubt, or uncertainty that can arise when a consumer believes that they may have made the wrong choice. Post-purchase dissonance can occur when there are multiple options available, when the decision is complex, or when the consumer has high involvement or emotional attachment to the purchase.

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The statement that the stock dividends distributable account is listed in the current liability section of the balance sheet is true.

The statement that the stock dividends distributable account is listed in the current liability section of the balance sheet is true. The stock dividends distributable account is a temporary account that is used to record the amount of dividends that have been declared by the company's board of directors but have not yet been paid out to shareholders. This account is typically listed in the current liability section of the balance sheet because the dividends are expected to be paid out within the next year. Current liabilities are obligations that a company expects to pay within the next year or operating cycle, whichever is longer. Examples of current liabilities include accounts payable, wages payable, and short-term loans. The stock dividends distributable account falls under this category because the company is obligated to pay out the dividends within the next year. It is important to note that the stock dividends distributable account is a temporary account that is closed out at the end of the accounting period. Once the dividends are paid out to shareholders, the account is zeroed out and the transaction is recorded in the retained earnings account. In conclusion, the statement that the stock dividends distributable account is listed in the current liability section of the balance sheet is true. This account is a temporary account that is used to record the amount of dividends that have been declared but not yet paid out to shareholders and is listed in the current liability section because the dividends are expected to be paid out within the next year.

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A systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.

Market research is a systematic attempt to learn as much as possible about target markets and consumers, starting with who they are.

It is a crucial element of corporate strategy and a key contributor to keeping competitiveness.

Purpose:

Find customers by using market research.

Consumer behavior and economic trends are combined in market research to support and enhance your business concept.

Understanding your customer base from the start is essential.

Even when your company is still only a vision in your mind, market research allows you to lower risks.

Example:

Making note of the most recent data published on a certain topic after conducting an online search on it is an example of market research.

The following are further instances of secondary market research: reading trade journals.

Therefore, a systematic approach to learning as much as possible about target markets and consumers, starting with who they are, is market research.

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This course has helped me with challenges by providing me with the tools and resources I need to overcome them. I have learned how to identify my challenges, develop strategies for overcoming them, and track my progress. I have also learned how to ask for help when I need it.

One of the challenges I have faced during this course is time management. I have learned how to set goals and create a schedule to help me stay on track. I have also learned how to prioritize my tasks and delegate when necessary.

Another challenge I have faced is learning new concepts. I have learned how to use different learning strategies, such as reading, watching videos, and practicing exercises. I have also learned how to ask for help from my professors and classmates.

Moving forward, I plan to continue using the tools and resources I have learned about in this course. I am confident that I can overcome any challenges that come my way.

The resources I have used to help me overcome challenges include:

The course materials, such as the readings, videos, and exercises.

My professors and classmates, who have been very helpful in providing guidance and support.

The university library, which has a wealth of resources on time management, learning, and other topics.

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This question seeks a reflection on how a particular course has been instrumental in overcoming challenges. With an example of a chemistry course, the use of university resources and personal study plans play a significant role. The particular course, individual and challenges in question will, however, determine the specifics of this process.

This question pertains to a personal introspective reflection on how a specific course has aided in overcoming challenges. It's important to note that many resourceful options are available for overcoming difficulties like utilizing University resources or online platforms.

For example, If the subject were chemistry, one might use the course to improve knowledge of complex chemical reactions causing difficulty. Weekly study plans might be implemented to enhance understanding. University resources may include the textbook, office hours with the professor, or peer study groups. Future plans could include continued rigorous study and efficient utilization of available resources.

To note, the specifics will vary depending on the individual, course, and actual challenges faced.

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Answer:

Publicity, connections, promotion, tips, advice, business partners, investors, Offers.

Explanation:

Conventions and conferences for anything are always meant for meeting others like you. They are created for social connection.

Two considerations to think about before marketing a product in multiple countries are cultural differences and language barriers.

Marketing is the process of discovering, creating, and delivering value to a target market in the form of goods and services.

Cultural differences and language barriers are two factors to consider before marketing a product in multiple countries.

Different cultures have different values, customs, and preferences, which can influence how products are perceived and used.

Attending a board game conference or convention could provide several advantages as a board game creator with little business experience.

These events allow you to network with other game designers, publishers, and distributors while also showcasing your game to potential customers.

A brand that promotes outdoor exploration and adventure for young children could help increase sales for a store that sells children's hiking gear aimed at preschoolers.

Thus, this can be concluded regarding the given scenario.

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The formula provided in the question can be used to calculate the fair value or market price of a bond. In this case, the bond has a 20-year maturity, a semiannual coupon rate of 8%, and a par value of $1,000. The required rate of return or yield to maturity on the bond is also given as 8%.

To calculate the fair value, we need to plug in these values into the formula. The formula calculates the present value of the bond's future cash flows, which includes the semiannual coupon payments and the final principal payment at maturity. The PV function in the formula takes three arguments: the rate, the number of periods, and the payment amount.

Using the given values, we can calculate the semiannual coupon payment as $1,000 * 8%/2 = $40. The number of periods is 20 years * 2 semiannual periods per year = 40 periods. The rate is the yield to maturity, which is 8%/2 = 4% per period.

Plugging these values into the formula, we get:

4*f = PV(B11/2, 87*B12, 19/812)
4*f = PV(4%, 40, -40)

Using a financial calculator or spreadsheet, we can calculate the present value of the bond's cash flows as $1,000.

Therefore, the fair value or market price of the bond is $1,000. This means that the bond is selling at par, which is the same as its face value. If the market price of the bond was lower than $1,000, it would be trading at a discount. If it was higher than $1,000, it would be trading at a premium.

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Answer:

1. True

2. First

3. Initiative

4. Arbitrator

5. Unbiases

Answer:

$2,400.00

Explanation:

The dividends per year will be dividends per share per year multiplied by 500.

Dividend per share per year

=$1.20x 4

=$4.80

Per year dividends will be worth

=$4.80 x 500

=$2,400.00

The reasons why a foreign exchange transaction executed in person includes high transaction costs are:

B. The relative speed of the transaction

D. Exchange rate risks

When a foreign exchange transaction is executed in person, it can involve high transaction costs due to two primary factors: the relative speed of the transaction and exchange rate risks

Firstly, the relative speed of the transaction contributes to higher costs. In-person transactions often require immediate execution, which may limit the time available for comparing exchange rates or negotiating better deals. This urgency can lead to accepting less favorable rates or incurring additional fees for expedited services.

Secondly, exchange rate risks play a significant role. Foreign exchange rates are constantly fluctuating, and in-person transactions may involve a higher level of uncertainty. Traders and financial institutions may incorporate a risk premium into the exchange rate offered during in-person transactions, thus increasing the transaction costs.

However, storage costs (A) and high transparency (C) are not direct factors contributing to high transaction costs in an in-person foreign exchange transaction. Storage costs are more relevant to physical commodities, while high transparency is generally beneficial for reducing costs and promoting efficiency in foreign exchange markets.

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Answer:

Option A

Explanation:

In simple words, Krispy Kreme Doughnuts, Inc. is an American doughnut company and coffeehouse chain owned by JAB Holding Company.  Krispy Kreme was founded by Vernon Rudolph, who bought a yeast-raised recipe from a New Orleans chef, rented a building in 1937 in what is now historic Old Salem in Winston-Salem, North Carolina, and began selling to local grocery stores.

They make all their dough of the product by themselves so that the neutrality regarding their consistency remains intact thought the country,

Recognize the reasons why some choices are challenging.

A decision is still made even when it is avoided.

Recognize the aspects of yourself that have various desires.

Look past the present.

Compare "head choices" to "heart choices"

Think about your ability to handle disappointment.

Respect other people's influence and impact.

Follow your knowledge.

The hardest choice to make is whether to pursue higher education or job searching. Because getting trained is preferable to getting educated, I selected a career. Any decision is dependent on the circumstances, making the right choice under those circumstances is the hardest task, and the choice made should be advantageous.

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A key assumption of a perfectly competitive market is that each seller has a very small market share, which means that no individual seller has the ability to influence the market price. The correct answer is d. Each seller has a very small share of the market.

In a perfectly competitive market, there are many buyers and sellers who are price takers, meaning they accept the prevailing market price as given and do not have the power to set or influence it.

Option A is incorrect because, in a perfectly competitive market, individual firms do not have the ability to influence the market price. Option b is incorrect because a perfectly competitive market assumes that there are many sellers, not a few. Option c is incorrect because a perfectly competitive market allows for easy entry and exit of firms, meaning new sellers can enter the market without significant barriers.

Therefore, the key assumption of a perfectly competitive market is that each seller has a very small share of the market.

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Answer:

B. $1,619

Explanation:

150×10.98= 1647

1647-28=$1619

B. something that is striking or obvious. In behavioral economics, economists use the term "salience" to refer to something that is striking or obvious.

Salience can impact decision-making by affecting how individuals perceive and weigh different options, leading to biases and deviations from rational behavior. For example, individuals may give more weight to salient factors even if they are not the most relevant or important ones. Understanding the role of salience helps economists analyze how people make choices and how they are influenced by the presentation and framing of information.

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A Pigovian subsidy that gets the socially optimal quantity of students to achieve education will be equal to D: "The distance between Pefficient and the Price on the Private Benefit curve at Qefficient."

A Pigovian subsidy is a government intervention aimed at reducing negative externalities, such as pollution or overuse of finite resources. In the context of education, a Pigovian subsidy would be used to encourage individuals to achieve the socially optimal level of education.

In this case, the socially optimal level of education would be represented by the quantity Qefficient. Pefficient is the price of education that would result in Qefficient without government intervention. The difference between Pefficient and the price on the private benefit curve at Qefficient represents the cost of the negative externality that the subsidy would address. This difference would be equal to the Pigovian subsidy.

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The given statement, "A buyer is willing to buy a product at a price greater than or equal to his willingness to pay, but would refuse to buy a product at a price less than his willingness to pay" is True.

A buyer is generally willing to buy a product at a price greater than or equal to their willingness to pay, but they would refuse to buy a product at a price less than their willingness to pay.

The concept of willingness to pay (WTP) is derived from the buyer's subjective valuation of a product or service. It represents the maximum price that a buyer is willing to pay to acquire that particular item. It is influenced by factors such as personal preferences, perceived value, utility, and the buyer's financial capacity.

If the price of a product is equal to or lower than the buyer's willingness to pay, they will consider it as an acceptable value proposition and make the purchase. In this case, the buyer perceives that the benefits or satisfaction derived from acquiring the product outweigh the price paid.

However, if the price falls below the buyer's willingness to pay, it means the buyer believes that the price exceeds the perceived value or benefits they expect to receive from the product. Consequently, they would refuse to buy the product at that price point, as they consider it to be too expensive relative to their valuation.

In summary, a buyer's willingness to buy a product is contingent upon the price being equal to or greater than their willingness to pay, while they would reject purchasing the product if the price falls below their perceived value.

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Answer:

fewer items produced

Explanation:

Answer:

D

Explanation: