As a marketer for Kid2Kid, Ava should include the following demographic information in her demographic profiles for the five different markets:
Age: Ava should research the age range of the target market in each country to identify the age group of parents or caregivers who are most likely to purchase Kid2Kid's products.Gender: Ava should identify the gender distribution in each market to determine whether there are any gender-specific product preferences or trends.Income: Ava should research the income levels in each market to identify the target market's ability to afford Kid2Kid's products.Education: Ava should research the education levels in each market to identify the target market's level of education, which may impact their purchasing decisions.Family size: Ava should research the average family size in each market to identify the target market's household composition, which may impact their purchasing decisions.Cultural factors: Ava should also research cultural factors, such as customs, beliefs, and values, to understand how they may impact the target market's purchasing decisions and preferences.\( \: \)
On January 1, 2019, Wasson Company purchased a delivery vehicle costing $36,500. The vehicle has an estimated 6-year life and a $3,500 residual value. What is the vehicle's book value as of December 31, 2020, assuming Wasson uses the straight-line depreciation method
Answer:
Book value= $25,500
Explanation:
Giving the following information:
Purchase price= $36,500
Residual value= $3,500
Useful life= 6 years
First, we need to calculate the annual depreciation:
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (36,500 - 3,500) / 6
Annual depreciation= $5,500
Now, the accumulated depreciation and book value:
Accumulated depreciation= 5,500*2= $11,000
Book value= 36,500 - 11,000
Book value= $25,500
Nupur Nagpal, after compleftng her M.B.A. stud es, began to help her father, Shri Bhushan Nagpal, in his business. The business with a limited capital investment, was running successfully. All the workers were happy. Nupur wanted to use the modern business techniques in every area of business, namely, purchase, sale, production, finance, etc. In fact, she wanted to implement the methods, which she had studied in her M.B.A., in her business. As soon as she started interfering in the business with her latest techniques, the workers began to protest against her. Looking at the increasing protest against herself, she became disappointed. Ultimately, she gave up her business and started working in another company. In the business such circumstances were created that even her father could not take any balanced decision. Good Workers began to leave the business. The goodwill of the business in the market went on declining. In no time, the liabilities of business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties. Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. (a)To which form of business organization is concerned the above paragraph .
The above paragraph is related to the sole proprietorship form of business organization. A sole proprietorship is a form of business organization owned and run by a single person who is the owner or the proprietor. The owner manages the business on his own and is solely responsible for the business's profits and losses.
A sole proprietorship is usually preferred by small businesses and individuals due to its ease of formation and low startup costs.
As in the given scenario, Mr. Bhushan Nagpal started the business with a limited capital investment. In a sole proprietorship, the owner has the right to make all the decisions relating to the business without any interference from other individuals.In the given paragraph, Nupur Nagpal, after completing her MBA studies, began to help her father in his business.
She wanted to use modern business techniques in every area of business to make the business grow and prosper.
However, the workers protested against her intervention, and the business started to decline.
The goodwill of the business in the market started to decline, and the liabilities of the business became many times more than his assets. On account of the pressure exerted on him by the creditors, Mr. Nagpal cleared the debts of business by disposing of his domestic properties.
Mr. Nagpal could not bear with this situation and owing to his heart failure, he died. Ultimately, the business got closed. Thus, it can be concluded that the given scenario is related to the sole proprietorship form of business organization.
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How is opportunity cost related to scarcity?
Answer:
This concept of scarcity leads to the idea of opportunity cost. The opportunity cost of an action is what you must give up when you make that choice. Another way to say this is: it is the value of the next best opportunity. Opportunity cost is a direct implication of scarcity
Explanation:
Beverly Dalton incorporated her CPA practice 5 years ago. At that time, the corporation purchased land for $40,000. The December 31 of the current year, the market value of the land is $85,000. On the balance sheet for December 31 of the current year, the asset should be reported at ________ under U.S. GAAP.
Based on the provisions of U.S. GAAP, the asset owned by the CPA practice should be reported at $40,000.
What does U.S. GAAP say?U.S. GAAP states that assets should be recorded at cost value in the balance sheet.
The land should therefore be recorded at the cost price of $40,000 that the CPA practice bought it at five years ago.
In conclusion, the asset should be reported at $40,000.
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(22/23)
sources of Income
Journal Activity Active
Prompt
Explain how you have varying degrees of control over the three types of income, and how much control you have over each.
There are three types of income: Earned income (salary, (wages, commissions), Passive income (from rent, royalties and partnership) and Portfolio income (dividends, interest, capital gains on investment).
What are different types of income, explain them?Earned income: Earned income is that you have worked for. An earned income is one's salary. If you cease working, your earned income will also end. The more hours put in at work, the more money make.
Passive income: Income produced without your input is referred to as passive income. The revenue is produced by assets purchased or already own. Among these is rental revenue. Rent will always be paid from the real estate own.
Portfolio income: The more accurate portfolio income is capital gains. When you sell an asset for more money than you paid for it, you earn this. The portfolio income is the difference between the selling price and its cost. Among the assets in portfolio could be stocks, real estate, and other investments.
What is India's primary source of income?53.89% of India's 179.15 lakh crore GVA, or Indian rupees, goes to the services sector. Having a GVA of Rs. 46.44 lakh crore, the industry sector makes up 25.92% of the economy. While agriculture and related industries account for 20.19%.
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Assigning common fixed costs to segments impacts ______. Multiple choice question. neither segment margin nor total corporate profit segment margin only total corporate profit only both segment margin and total corporate profit
Both the segment margin and total corporate profit are affected by the assigning of common fixed costs to segments.
What is a Common Fixed cost?A common fixed cost refers to a fixed cost which supports the firm activities of the different business segments.
Usually, it is very hard to separate the common fixed cost from each segment or unit.
Hence, the segment margin and total corporate profit are affected by the assigning of common fixed costs to segments.
Therefore, the Option D is correct.
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Which printing option results in a Word document with images of the slides and an area to take notes?
outline
full slide
handout
notes page
The printing option outcomes in a Word document with pictures of the slides and a region to take notes handout.
The option (C) is correct.
It has three slides on the page as well as lines for crowd notes. One more kind of gift is the Notes Pages. The notes page incorporates the slide as well as your speaker notes. At the point when you intend to utilize the notes page as a gift.
Gifts are supporting materials you appropriate previously, during, or after your show. A present could contain messages, outlines and diagrams, pictures, or different components. While not generally important, if a moderator decides to utilize a gift, it should be very much arranged and created.
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Both socialism and communism are variations of
Answer:
both socialism and communism are variations of command economies
Both socialism and communism are variations of economic and political systems that advocate for collective ownership and control of resources and the means of production.
Socialism is an economic and political ideology advocating for collective ownership and democratic control of the means of production, aiming to reduce wealth inequalities and promote social welfare through government intervention and redistribution of resources.
Communism, on the other hand, is a more extreme form of socialism, envisioning a classless, stateless society where the means of production are owned collectively, and resources are distributed based on individual needs. It seeks to eliminate private property, establish a centrally planned economy, and achieve social equality through a revolutionary transition from capitalism.
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Most probably, your complete question is this:
Both socialism and communism are variations of what?
Question 1 of 20
Clem just bought a new local printer and wants to connect it to her laptop.
How can she do this?
A. Plug the printer's cord into the laptop's green audio output port
B. Plug the printer's cord into the laptop's optical disk reader
C. Plug the printer's cord into the laptop's PS/2 port
D. Plug the printer's cord into the laptop's USB port
SUBMIT
Answer:
D
Explanation:
I'm guessing this one is D. I put my printer in my USB port for it to work and print things.
Clem can Plug the printer's cord into the laptop's USB port, this will connect her printer to the laptop.
How do you connect the printer to a laptop?We can simply connect the USB cable from your printer to the USB port available on your laptop, and open the printer.
Select the Start button, then select Settings> Devices> Printer and scanner. Select Add printer or scanner.
Wait for it to find nearby printers, then select the one you want to use, then select Add Device.
Thus, Option D is the correct statement.
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Accounting and subsequently violates the covenant not to complete, what equitable remedy is available to big three accounting inc
Injunction equitable remedy is available to Big Three Accounting, Inc. Thus option D is correct.
What is Accounting?Accounting is the act of documenting a business's monetary operations. All transactions are compiled, examined, and reported to factor in making, regulatory bodies, and tax collection organizations as part of the accounting cycle.
A lawsuit for an injunction is brought to court when someone infringes any contract clause relating to not competing. An equitable relief is where a court directs a party to carry out a certain act or desist from doing so. Therefore, option D is the correct option.
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After passing his CPA exam, Mohammad is hired by Big Three Accounting, Inc. Part of his contract includes a covenant not to compete. If, after working for three years, Mohammad retires from Big Three Accounting and subsequently violates the covenant not to compete, what equitable remedy is available to Big Three Accounting, Inc.?
a. Rescission O b. Specific Performance O c. Reformation O d. Injunction
Treating the amounts of each material available as constraints, formulate a goal programming model to determine the optimal product mix. Assume that both P1 priority level goals are equally important to management. (Let x1 be the number of tons of fuel additive produced, x2 be the number of tons of solvent base produced, dpi be the deviation variable which exceeds the value of goal i, and dni be the deviation variable which is less than the value of goal i, for i = 1, 2.)
The goal programming model seeks to maximize the sum of the deviations from the two priority level goals.
What is goal programming model seeks?Goal programming is a type of mathematical optimization technique that is used to optimize a set of goals or objectives. It is especially useful in situations where multiple objectives are present, as it allows a decision maker to optimize the objectives while taking into account the interactions between them.
Goal Programming Model:
Maximize z = 0.5(dP1 + dP2)
Subject to:
x1 + x2 ≤ 100 (amount of material available)
x1 ≥ 10 (amount of fuel additive required)
x2 ≥ 10 (amount of solvent base required)
dP1 ≥ (x1 + 2x2) - 160 (priority level 1 goal; profit)
dP2 ≥ (x1-x2) - 20 (priority level 2 goal; quality)
dN1 ≤ 160 - (x1 + 2x2)
dN2 ≤ 20 - (x1-x2)
x1, x2, dP1, dP2, dN1, dN2 ≥ 0
The goal programming model seeks to maximize the sum of the deviations from the two priority level goals, while satisfying the constraints of the amount of material available.
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Issa Manufacturing Company was started on January 1, 2014, when it acquired $80,000 cash by issuing common stock. Issa immediately purchased office furniture and manufacturing equipment costing $9,100 and $26,100, respectively. The office furniture had a seven-year useful life and a zero salvage value. The manufacturing equipment had a $3,900 salvage value and an expected useful life of three years. The company paid $11,400 for salaries of administrative personnel and $15,000 for wages to production personnel. Finally, the company paid $18,760 for raw materials that were used to make inventory. All inventory was started and completed during the year. Issa completed production on 4,900 units of product and sold 3,990 units at a price of $16 each in 2014. (Assume that all transactions are cash transactions.)
a. Determine the total product cost and the average cost per unit of the inventory produced in 2014. (Round "Average cost per unit" answer to 2 decimal places.
b. Determine the amount of cost of goods sold that would appear on the 2014 income statement. (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
c. Determine the amount of the ending inventory balance that would appear on the December 31, 2014, balance sheet. (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)
d. Determine the amount of net income that would appear on the 2014 income statement. (Round your answer to the nearest dollar amount.)
e. Determine the amount of retained earnings that would appear on the December 31, 2014, balance sheet. (Round your answer to the nearest dollar amount.)
f. Determine the amount of total assets that would appear on the December 31, 2014, balance sheet. (Round your answer to the nearest dollar amount.)
Answer:
a. Determine the total product cost and the average cost per unit of the inventory produced in 2014.
total cost of finished units = $41,160
cost per unit = $8.40
b. Determine the amount of cost of goods sold that would appear on the 2014 income statement.
COGS = $33,516
c. Determine the amount of the ending inventory balance that would appear on the December 31, 2014, balance sheet.
$7,644
d. Determine the amount of net income that would appear on the 2014 income statement.
$17,624
e. Determine the amount of retained earnings that would appear on the December 31, 2014, balance sheet.
$17,624
f. Determine the amount of total assets that would appear on the December 31, 2014, balance sheet.
cash ($63,480) + inventory ($7,644) + office furniture ($7,800) + manufacturing equipment ($18,700) = $97,624
Explanation:
Dr Cash 80,000
Cr Common stock 80,000
Dr Office furniture 9,100
Dr Manufacturing equipment 26,100
Cr Cash 35,200
Dr S&A salaries expense 11,400
Dr Inventory: finished units 15,000
Cr Cash 26,400
Dr Inventory: raw materials 18,760
Cr Cash 18,760
Dr Inventory: finished units 18,760
Cr Inventory: raw materials 18,760
Dr Inventory: finished units 7,400
Cr Accumulated depreciation - manufacturing equipment
Dr Cash 63,840
Cr sales revenue 63,840
total cost of manufactured goods (4,900 units) = $41,160, so $8.40 per unit
Dr Cost of goods sold 33,516
Cr Inventory: finished units 33,516
ending inventory = $41,160 - $33,516 = $7,644
Dr Depreciation expense 1,300
Cr Accumulated depreciation - office furniture 1,300
Total period costs = $12,700
operating income = $63,840 - $33,516 - $12,700 = $17,624
If you were marketing a new running shoe, what sort of mobile applications might enhance your marketing efforts?
If I am marketing a new running shoe, the sort of mobile applications that might enhance my marketing efforts is Dash and Mopinion.
What is the importance of mobile applications in marketing operation?The importance of mobile applications in marketing operation is that it help to promote the brand of the company as well as help in the promotion of the company product to the potential customers which can help to increase the number of the customers that were patronizing the company and in the long run , the profit that the company were making initially will increase.
For instance one of the mobile application that can help in the marketing operation of a company is referred as Dash , and this help the company to be able to organize and use brand's visual content and this will help the company to known , and as a result of this the promotion job will be possible.
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use a well labelled group to explain why the introduction of maximum prices in the petrol industry will not be an ideal decision for the country's economy??
Implementing maximum prices in the petrol industry may not be an ideal decision for the country's economy.
Consumer Group:
Implementing maximum prices may initially benefit consumers as it could lead to lower fuel costs. However, it can have negative consequences in the long run. With lower prices, there may be increased demand for petrol, leading to shortages and long queues at gas stations. Additionally, if prices are kept artificially low, it can discourage investment in the industry, hampering exploration, production, and infrastructure development. This could result in limited supply and dependence on imports, potentially leading to fuel shortages and price fluctuations.Business Group:
For businesses in the petrol industry, maximum prices can restrict their ability to cover costs and maintain profitability. Fuel companies have various expenses such as exploration, refining, distribution, and employee wages. If prices are capped, it can lead to reduced profit margins, making it challenging for companies to invest in new technologies, research, and development, which are crucial for improving fuel efficiency and reducing environmental impacts.Government Group:
From a government perspective, implementing maximum prices can have adverse effects on tax revenues. Taxes on fuel sales contribute significantly to government revenue. If prices are capped, tax income will decrease, impacting the government's ability to fund public services and infrastructure projects. It can also limit the government's ability to incentivize renewable energy sources and reduce environmental pollution.Considering these factors, the introduction of maximum prices in the petrol industry may have unintended consequences such as supply shortages, reduced investment, profitability challenges for businesses, and decreased tax revenue for the government. It is crucial to strike a balance between consumer affordability, industry sustainability, and government revenue to ensure a stable and efficient petrol market.
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what do multinational corporations need to balance when making decisions about social responisbilities?
Answer:
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Differentiate an ordinary manager and a business entrepreneur?
Answer:
A manager is an employee hired to oversee daily administration of the business. while the entrepreneur owns the business
Answer:
An ordinary manager is a leader in a company that does not belong to him/her while an entreprenur is the owner of his/her company.
An ordinary manager is not a risk-taker as they maintain the status quo of the company while an enterpreur is a risk-taker who bears all the risk.
Mr. Khalis has been employed as an account manager at Kyasara Sdn Bhd since 2 January 2012. On 1 October 2020, Kyasara Sdn Bhd decided to merge with another company named Maxell Sdn Bhd. As a consequence from that merger, the top management of Kyasara Sdn Bhd had terminated many employees including Mr. Khalis who was terminated on 30 November 2020. The company paid him a gratuity of RM280,000 in appreciation of his service. In addition, Mr. Khalis received RM110,000 as compensation for loss of employment and he withdrew RM140,000 from an unapproved fund whereby 60% of the fund was contributed by Kyasara Sdn Bhd. His remuneration and benefits received until 30 November 2020 are as follows:
1. Monthly salary of RM8,010 (after deducting employee’s EPF contribution of 11%).
2. BonuspaidinJune2020amountedtoRM10,000.
3. A monthly entertainment allowance of RM1,800, but he only spent 80% to
entertain company’s clients.
4. A monthly petrol allowance for official duties of RM480 and parking fees
allowance of RM300.
5. TraditionalmedicaltreatmentatanapprovedhospitalcostingRM650waspaid
by the company.
6. Mr. Khalis was awarded the performance incentive of RM2,500 for the year of
assessment 2018, which was paid on 31 October 2020. This incentive was
given due to his excellent service performance for the year of assessment 2018.
7. A new car costing RM250,000 with a driver were provided by the company
throughout his service.
8. A fully furnished condominium with a rental value of RM2,500 per month
(including furniture of RM800 per month) was provided until 30 November 2020.
9. A reimbursement of RM600 per month was made to pay for the salary of a
servant employed by Mr. Khalis.
10.The company paid for Mr. Khalis’s annual corporate membership fees of
RM2,500 to Kota Kemuning Golf Centre.
11.In January 2020, the company paid RM18,000 for his family’s vacation to Las
Vegas. The expenses inclusive of air tickets, accommodations and meals which were RM8,000, RM6,000 and RM4,000 respectively.
Required:
Compute the statutory employment income of Mr. Khalis for the year of assessment
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A stock has a required return of 13% the risk-free rate of return is 5% and the market premium is 7%. what must the beta of this stock be
Answer:
the beta of the stock is 1.14
Explanation:
The computation of the beta is shown below:
As we know that
Required return = risk-free rate + beta × market risk premium
13% = 5% + beta × 7%
8% = beta × 7%
So, the beta is 1.14
Hence, the beta of the stock is 1.14
We simply applied the above formula so that the correct value could come
And, the same is to be considered
How has the use of computers impacted the role of accountants?
Answer: IT networks and computer systems have shortened the time needed by accountants to prepare and present financial information to management. This system allows companies to create individual reports quickly and easily for management decision making.
Answer:
it's made there job much easier because everything they need is in one place
Explanation:
can I have brainliest I'm trying to level up
At December 31, 2021, Hull-Meyers Corp had the following onvestments that were purchased during 2021, its first year of operations
How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is
The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.
In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.
Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.
Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.
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Find out what professionals say about your chosen career and what the cover letter should look like.
A brief summary of your findings (200 words minimum)?
What did you learn (50 words
When it comes to career exploration, professionals often emphasize the importance of researching and understanding the chosen career path.
It involves gathering information about job prospects, required skills and qualifications, industry trends, and potential growth opportunities. Professionals often recommend conducting informational interviews, networking with professionals in the field, and seeking mentorship to gain valuable insights and guidance.
Regarding cover letters, professionals suggest that they should be concise, well-structured, and tailored to the specific job application. The cover letter serves as an opportunity to introduce yourself, highlight relevant skills and experiences, and demonstrate your motivation and fit for the position.
It should be personalized for each application and showcase your understanding of the company and its needs.
Professionals advise including a strong opening statement, a clear demonstration of qualifications, and specific examples of accomplishments or experiences that align with the job requirements.
It's important to showcase your enthusiasm, professionalism, and the value you can bring to the organization. Additionally, proofreading and editing the cover letter for clarity, grammar, and spelling errors is crucial.
It's worth noting that career advice and cover letter guidelines may vary depending on the industry, job level, and individual circumstances.
It can be helpful to seek additional resources such as career counseling services, job search websites, or books specifically focused on cover letter writing to gather more detailed and tailored insights for your specific career aspirations.
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What comparison can be made between command economies and market economies?
etafset
Answer:
The difference between command economy's and market economy's is that a command economy the government controls what is produced and how it will be shared. and in a market economy people have more freedom and can make their own decisions.
Explanation:
You (or your parents) purchase a used car for $15,867.00 plus 5.25% sales tax. The down payment is 10% of the total cost and you (or your parents) have an excellent credit rating. What is your principal balance at the start of the loan?
The principal balance at the start of the loan is $15,113.31.
What is a principal balance of a loan?A loan's principal balance is the original amount borrowed, whereas interest is what we pay for the privilege of borrowing money. Most loans divide your monthly payment into principal and interest.
The down payment is calculated as 10% of the cost.
Down payment = $15,867 × 10%
= $1,586.7
The principal amount of the loan is calculated using the formula:-
(Sale price)(1 + Sales tax rate) - (down payment)
= $15,867 ×1.0525 -1,586.7
= $15,113.31
Therefore, $15,113.31 will be our principal balance at the start of the loan.
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Industrial Organisation is defined as the study of the structure of firms and markets and of their interactions. Why is it important for policy makers to understand how markets are structured and organized and what approaches can be used to guide effective policies? Discuss using your own words.
It is useful to specify how, when, and by whom implementation will be organization assessed. Everyone engaged is kept informed of any potential obstacles as well as any intended and unintentional effects of the task through monitoring of firms implementation.
Resources and other stakeholder supports might be reduced after implementation. Industrial organization is a branch of economics that studies market competition, regulatory policy, antitrust legislation, and the strategic conduct of firms. The economic theory of price is applied to industries by industrial organization. When studying industrial organization, economists and other academics aim to better knowledge of how industries function, the industries' contributions to economic wellbeing, and government policies toward these businesses.
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why are manufactured goods more valuable to the economy than services (select all that apply)
1. manufactured goods can be exported to other countries
2. manufacturing workers have more money to spend on other goods and services
3. manufactured goods are less expensive than handmade goods
4. manufacturing workers save more money than other workers.
Contribution Margin Ratio a. Young Company budgets sales of $890,000, fixed costs of $26,000, and variable costs of $115,700. What is the contribution margin ratio for Young Company
Answer:
87 %
Explanation:
contribution margin ratio = Contribution ÷ Sales
therefore,
contribution margin ratio = ($890,000 - $115,700) ÷ $890,000
= 0.87 or 87 %
The contribution margin ratio for Young Company is 87 %.
Think of a potential product you might buy or create to sell in your store. Describe this product and estimate how many you think you can reasonably sell your first year in business.
The product that I will sell in my store is Coffee, I will prepare (create) the coffee in store and will sell it, I will be able to sell almost 200 coffee cups per day which makes 73,000 cups per year.
What is a Business?Business is a trade in which a person purchases or makes the inventory and sell it for profit, the strategies are made and acted accordingly to maximize the profit.
The potential business will be a coffee shop where I will sell the coffee that will be prepared in my store, according to a survey an average coffee shop sells 230 cups of coffee everyday, being pessimist and a new coffee shop I am estimating to sell 200 cups of coffee per day which makes 73,000 cups of coffee per year. This coffee cup is estimated to be sold for $3 each and will cost $2 so a profit of $1 will be available on each cup of sale.
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The number of people who have been exposed to a new advertising campaign in a sample of 500 individuals is as follows: 200 were exposed for 10 seconds, 150 were exposed for 20 seconds, and 150 were exposed for 30 seconds. Calculate the exposure distribution for this campaign.
The exposure distribution for this campaign is;Group A: 40% Group B: 30% Group C: 30%.
Exposure distribution refers to the number of times that a person views an advertisement or a piece of marketing content. This metric is significant since it helps companies to analyze the number of views for different content.
Exposure Distribution = (Number of Exposures / Total Sample Size) * 100 In this case, the total sample size is 500 people. Therefore, the number of exposures for each group is;
Group A: 200 exposures for 10 seconds
Group B: 150 exposures for 20 seconds
Group C: 150 exposures for 30 seconds.
To calculate the exposure distribution, we need to calculate the percentage of people in each group. This calculation is done using the formula given above.
For example,Group A: (200/500) * 100 = 40%Group B: (150/500) * 100 = 30%Group C: (150/500) * 100 = 30%
Therefore, the exposure distribution for this campaign is;Group A: 40%Group B: 30%Group C: 30%
For more such questions on distribution.
https://brainly.com/question/30467880
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