Answer:
True
Explanation:
i hope this help you
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
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Budgeted costs $320,000 $80,000 $160,000 $240,000 Budgeted maintenance-hours NA 1,000 600 400 Number of employees 40 NA 160 480 Using the direct method, what amount of Maintenance Department and Personal Department costs will be allocated to Department A and B
Answer:
a-1. Maintenance Department Cost allocated to production department A = $192,000
a-2. Maintenance Department Cost allocated to production department B = $128,000
b-1. Personnel Department Cost allocated to production department A = $20,000
b-2. Personnel Department Cost allocated to production department B = $60,000
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question. See the attached pdf file for the complete question.
The explanation of the answers is now given as follows:
Direct method is a method of cost allocation in which support departments costs are charged directly to the production departments without charging to the other support department.
Based on the above definition, we therefore have:
a. Allocation of Maintenance Department Cost
Total budgeted maintenance-hours of production departments A and B = Budgeted maintenance-hours of production department A + Budgeted maintenance-hours of production department B = 600 + 400 = 1,000
a-1. Maintenance Department Cost allocated to production department A = Maintenance Department Cost * (Budgeted maintenance-hours of production department A / Total budgeted maintenance-hours of production departments A and B) = $320,000 * (600 / 1,000) = $192,000
a-2. Maintenance Department Cost allocated to production department B = Maintenance Department Cost * (Budgeted maintenance-hours of production department B / Total budgeted maintenance-hours of production departments A and B) = $320,000 * (400 / 1,000) = $128,000
b. Allocation of Personnel Department Cost
Total number of employees of production departments A and B = Number of employees of production departments A + Number of employees of production departments B = 160 + 480 = 640
b-1. Personnel Department Cost allocated to production department A = Personnel Department Cost * (Number of employees of production department A / Total Number of employees of production departments A and B) = $80,000 * (160 / 640) = $20,000
b-2. Personnel Department Cost allocated to production department B = Personnel Department Cost * (Number of employees of production department B / Total Number of employees of production departments A and B) = $80,000 * (480 / 640) = $60,000
The order of presentation of activities on the statement of cash flows is______________
1 point
a) Operating, Investing, and Financing.
b) Operating, Financing, and Investing.
c) Financing, Operating, and Investing.
d) Financing, Investing, and Operating.
The order of presentation of activities on the statement of cash flows is Operating, Financing, and Investing.
The option (B) is correct.
Cash flows are classified and introduced into working exercises (either utilizing the 'immediate' or 'circuitous' technique), contributing exercises, or funding exercises, with the last two classes commonly introduced on a gross premise. as it shows whether the business has sufficient fluid money to put in now is the ideal time and invest in assets.
When creating your income statement, list incomes first. Then, at that point, drill down any costs your organization had during the period and take away the costs from your income. The lower part of your pay proclamation will let you know whether you have a net gain or shortfall for the period.
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A Liquidation of a partnership LO P5 Kendra, Cogley, and Mei share income and loss in a 3:2:1 ratio (in ratio form: Kendra, 3/6; Cogley, 2/6; and Mei, 1/6). The partners have decided to liquidate their partnership. On the day of liquidation, their balance sheet appears as follows.
KENDRA, COGLEY, AND MEI Balance Sheet May 31
Assets Liabilities and Equity
Cash $103,900 Accounts payable $258,000
Inventory 537,600 Kendra, Capital 76,700
Cogley, Capital 172,575
Mei, Capital 134,225
Total assets $641,500 Total liabilities and equity $641,500
Required:
For each of the following scenarios, complete the schedule allocating the gain or loss on the sale of inventory. Prepare journal entries to record the below transactions.
a. Inventory is sold for $608,400.
b. Inventory is sold for $469,200.
c. Inventory is sold for $358,800 and any partners with capital deficits pay in the amount of their deficits.
d. Inventory is sold for $298,800 and the partners have no assets other than those invested in the partnership.
Answer:
a. Inventory is sold for $608,400.
gain on sale of inventory = $608,400 - $537,600 = $70,800
allocation of gain:
Kendra 1/2 x $70,800 = $35,400
Cogley 1/3 x $70,800 = $23,600
Mei 1/6 x $70,800 = $11,800
Dr Cash 608,400
Cr Inventory 537,600
Cr Gain on sale of inventory 70,800
Dr Gain on sale of inventory 70,800
Cr Kendra, capital 35,400
Cr Cogley, capital 23,600
Cr Mei, capital 11,800
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Kendra, capital 112,100
Dr Cogley, capital 196,175
Dr Mei, capital 146,025
Cr Cash 454,300
b. Inventory is sold for $469,200.
loss on sale of inventory = $469,200 - $537,600 = -$69,400
allocation of loss:
Kendra 1/2 x $68,400 = $34,200
Cogley 1/3 x $68,400 = $22,800
Mei 1/6 x $68,400 = $11,400
Dr Cash 469,200
Dr Loss on sale of inventory 68,400
Cr Inventory 537,600
Dr Kendra, capital 34,300
Dr Cogley, capital 22,800
Dr Mei, capital 11,400
Dr Loss on sale of inventory 68,400
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Kendra, capital 42,400
Dr Cogley, capital 149,775
Dr Mei, capital 122,825
Dr Cash 315,100
c) c. Inventory is sold for $358,800 and any partners with capital deficits pay in the amount of their deficits.
loss on sale of inventory = $358,800 - $537,600 = -$178,800
allocation of loss:
Kendra 1/2 x $178,800 = $89,400
Cogley 1/3 x $178,800 = $59,600
Mei 1/6 x $178,800 = $29,800
Dr Cash 358,800
Dr Loss on sale of inventory 178,800
Cr Inventory 537,600
Dr Kendra, capital 89,400
Dr Cogley, capital 59,600
Dr Mei, capital 29,800
Dr Loss on sale of inventory 178,800
Dr Cash 12,700
Cr Kendra, capital 12,700
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Cogley, capital 112,975
Dr Mei, capital 104,425
Dr Cash 217,400
d. Inventory is sold for $298,800 and the partners have no assets other than those invested in the partnership.
loss on sale of inventory = $298,800 - $537,600 = -$238,800
allocation of loss:
Kendra 1/2 x $238,800 = $119,400
Cogley 1/3 x $238,800 = $79,600
Mei 1/6 x $238,800 = $39,800
Dr Cash 298,800
Dr Loss on sale of inventory 238,800
Cr Inventory 537,600
Dr Kendra, capital 119,400
Dr Cogley, capital 79,600
Dr Mei, capital 39,800
Dr Loss on sale of inventory 238,800
Dr Cogley, capital 28,467
Dr Mei, capital 14,233
Cr Kendra, capital 42,700
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Cogley, capital 64,508
Dr Mei, capital 80,192
Dr Cash 144,700
Inventory is sold for \($608,400.\)
sale of inventory(a). When gain on sale of inventory = $608,400 - $537,600 = $70,800
allocation of gain:
Kendra \(1/2 x $70,800 = $35,400\)
Cogley \(1/3 x $70,800 = $23,600\)
Mei\(1/6 x $70,800 = $11,800\)
Dr Cash 608,400 Cr Inventory 537,600
Cr Gain on sale of inventory 70,800
Dr Gain on sale of inventory 70,800
Cr Kendra, capital 35,400
Cr Cogley, capital 23,600
Cr Mei, capital 11,800
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Kendra, capital 112,100
Dr Cogley, capital 196,175
Dr Mei, capital 146,025
Cr Cash 454,300
b. Inventory is sold for \($469,200.\)
loss on sale of inventory = $469,200 - $537,600 = -$69,400
allocation of loss:
Kendra \(1/2 x $68,400 = $34,200\)
Cogley \(1/3 x $68,400 = $22,800\)
Mei \(1/6 x $68,400 = $11,400\)
Dr Cash 469,200
Dr Loss on sale of inventory 68,400
Cr Inventory 537,600
Dr Kendra, capital 34,300
Dr Cogley, capital 22,800
Dr Mei, capital 11,400
Dr Loss on sale of inventory 68,400
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Kendra, capital 42,400
Dr Cogley, capital 149,775
Dr Mei, capital 122,825
Dr Cash 315,100
c) c. Inventory is sold for $358,800 and any partners with capital deficits pay in the amount of their deficits.
loss on sale of inventory = $358,800 - $537,600 = -$178,800
allocation of loss:
Kendra \(1/2 x $178,800 = $89,400\)
Cogley \(1/3 x $178,800 = $59,600\)
Mei \(1/6 x $178,800 = $29,800\)
Dr Cash 358,800
Dr Loss on sale of inventory 178,800
Cr Inventory 537,600
Dr Kendra, capital 89,400
Dr Cogley, capital 59,600
Dr Mei, capital 29,800
Dr Loss on sale of inventory 178,800
Dr Cash 12,700
Cr Kendra, capital 12,700
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Cogley, capital 112,975
Dr Mei, capital 104,425
Dr Cash 217,400
d. Inventory is sold for $298,800 and also the partners have no assets other than those invested in the partnership.
loss on sale of inventory = $298,800 - $537,600 = -$238,800
allocation of loss:
Kendra \(1/2 x $238,800 = $119,400\)
Cogley \(1/3 x $238,800 = $79,600\)
Mei \(1/6 x $238,800 = $39,800\)
Dr Cash 298,800
Dr Loss on sale of inventory 238,800
Cr Inventory 537,600
Dr Kendra, capital 119,400
Dr Cogley, capital 79,600
Dr Mei, capital 39,800
Dr Loss on sale of inventory 238,800
Dr Cogley, capital 28,467
Dr Mei, capital 14,233
Cr Kendra, capital 42,700
Dr Accounts payable 258,000
Cr Cash 258,000
Dr Cogley, capital 64,508
Dr Mei, capital 80,192
Dr Cash 144,700
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The public often gets the impression that misconduct is more widespread than it is in reality. true or false?
Answer:
To be honest there is not enough research to tell whether or not, but in my opinion, it is false.
The results of inspection of DNA samples taken over the past 10 days are given below. Sample size is 100.
The upper and lower 3 - sigma chart limits would be 18.32 and 0 respectively.
How to find the upper and lower chart limits ?The 3-sigma control chart is a type of control chart that uses a mean line and control limits that are three standard deviations above and below the mean.
The mean is :
= (7 + 9 + 9 + 11 + 7 + 8 + 1 + 10 + 13 + 2) / 10 = 77 / 10
= 7.7
The standard deviation (σ ) is :
= √ ([0.49 + 1.69 + 1.69 + 10.89 + 0.49 + 0.09 + 44.89 + 5.29 + 28.09 + 32.49] / 10)
= √([125.1] / 10)
= √[12.51]
= 3.54
Upper control limit (UCL) = mean + 3σ = 7.7 + 3 * 3.54
= 18.32
Lower control limit (LCL) = mean - 3σ = 7.7 - 3 * 3.54
= -2.92
The lower control limit cannot be negative because we cannot have a negative number of defective items. So, in practice, set the lower control limit at zero.
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Upon the transfer of a property from one owner to another, all funds being held for the tenants by the landlord must be transferred to
Upon the transfer of a property from one owner to another, all funds being held for the tenants by the landlord must be transferred to the new owner.
What will happen to all funds being held by tenant Upon the transfer of a property from one owner to another
This includes security deposits, prepaid rent, and other tenant funds that the landlord may be holding on behalf of the tenants. The new owner becomes responsible for managing these funds and complying with any applicable laws and regulations regarding their use and return to tenants.
It is important for landlords and new property owners to carefully document and account for these tenant funds during the transfer process to ensure that all funds are properly accounted for and that tenants are not unfairly impacted by the transfer of ownership.
Hence, the transfer of a property from one owner to another, all funds being held for the tenants by the landlord must be transferred to the new owner.
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A newly issued bond pays its coupons once annually. Its coupon rate is 5%, its maturity is 20 years, and its yield to maturity is 8%. a. Find the holding-period return for a 1-year investment period if the bond is selling at a yield to maturity of 7% by the end of the year.
Answer:
Holding Period return 19.54%
Explanation:
We purchase to get a yield of 8%
so we sovle for the present value of the bond (market value) which is the amount at which we adquire the bond:
PV of the coupon payment:
\(C \times \frac{1-(1+r)^{-time} }{rate} = PV\\\)
C ($1,000 x 5%) 50.000
time 20 years
rate 0.08
\(50 \times \frac{1-(1+0.08)^{-20} }{0.08} = PV\\\)
PV $490.9074
Pv of maturity:
\(\frac{Maturity}{(1 + rate)^{time} } = PV\)
Maturity 1,000.00
time 20.00
rate 0.08
\(\frac{1000}{(1 + 0.08)^{20} } = PV\)
PV 214.55
PV c $490.9074
PV m $214.5482
Total $705.4556
Then, we solve for the price that 7% YTM after a year:
\(C \times \frac{1-(1+r)^{-time} }{rate} = PV\\\)
C 50.000
time 19
rate 0.07
\(50 \times \frac{1-(1+0.07)^{-19} }{0.07} = PV\\\)
PV $516.7798
\(\frac{Maturity}{(1 + rate)^{time} } = PV\)
Maturity 1,000.00
time 19.00
rate 0.07
\(\frac{1000}{(1 + 0.07)^{19} } = PV\)
PV 276.51
PV c $516.7798
PV m $276.5083
Total $793.2881
Now we compare to get hte capital gain:
year-end less beginning value
$793.29 - $705.46 = $87.83
The coupon is also a return:
$1,000 x 5% = $50
Total return $137.83
Investment $705.46
Holding-period return
137.83/705.46 = 0,195376 = 19.54%
When groups or an individual agrees to a middle range position between two extremes during conflict resolution effects what are they working towards
When groups or individuals agree to a middle range position during conflict resolution, they are typically working towards finding a compromise that meets the needs and interests of all parties involved. This middle ground can often be referred to as a "win-win" solution, as it allows both sides to achieve some of their desired outcomes without having to give up everything they wanted.
By agreeing to a middle range position, groups or individuals are also demonstrating their willingness to work collaboratively and cooperatively towards finding a solution. This can help to build trust and rapport between the parties, which can be important for maintaining positive relationships in the future. Additionally, by finding a middle ground, groups or individuals are often able to avoid the negative consequences of more extreme positions.
These consequences may include ongoing conflict, increased tension and stress, and potentially even legal or financial ramifications. Overall, working towards a middle range position during conflict resolution can be an effective way to find a solution that meets the needs and interests of all parties involved, while also promoting positive relationships and avoiding negative consequences.
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Real versus nominal GDP
Consider a simple economy that produces two goods: beers and donuts. The following table shows the prices in quantities of the kids over a three year.
Real GDP is not impacted by price fluctuations, while nominal GDP is. The reason for this is that real GDP is calculated using the base yr price, which is constant.
What precisely does GDP mean?One of the most widely used terms is "GDP" (gross domestic product). It is regularly cited in publications including newspapers, television news programmes, government documents, reserve bank reports, and business reports. These days, it is commonly used as a gauge of the health of the both national and global economies.
What is the meaning of GDP? How is it calculated?GDP is the total of all private consumption, government spending, government investment, and gross domestic output (exports – imports). Usually, the country's national statistical office uses the international standard to compute GDP.
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TRUE/FALSE.one of the benefits of help desk certification is an automatic increase to step 2 in starting pay for an entry-level agent.
These models will also include certifications as automation drives an increasing number of low- and middle-skill individuals out of work.
What credentials should I list on my resume for the position of Help Desk Manager that are most crucial?Ticketing systems, troubleshooting, Microsoft Office, hardware, vendor management, project management, and deployment are among the most frequently requested crucial talents by employers.
What advantage does help desk Mcq provide?It enhances customers' perceptions of and satisfaction with the service is the right answer. Reason: Help desk positions are filled by those who excel at dealing with people and in communication.
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State 2 functions of an entrepreneur.
Answer:
taking the risk of developing new products or services.
successfully bringing new products and services into the marketplace.
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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which of these is representative of quantitative data
Joni buys coffee three times a week at the local donut shop is representative of quantitative data. The correct option is A.
Quantitative data consists of numerical quantities that can be quantified and statistically analyzed. In this scenario, the statement specifically mentions Joni's coffee consumption, revealing that she buys it three times a week. The number "three" signifies a quantity that may be calculated and compared. Quantitative analysis of this data can be used to determine average weekly coffee purchases or assess Joni's coffee intake in comparison to others.
Thus, the ideal selection is option A.
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Your Question seems incomplete most probably your complete Question was:
Which of these is representative of quantitative data?
A.Joni buys coffee three times a week at the local donut shop.
B. Andre prefers chocolate cake over vanilla.
C. Georgia prefers floral-scented soaps to sweet-scented soaps.
D. Sammy likes to watch horror movies more than comedy.
How can you best uncover challenges and constraints that employees deal with in their daily work.
Answer:
Assumptions and expectations are the root causes of workplace constraints.
Explanation:
To avoid workplace conflicts one needs detailed information and clarity. If we train ourselves to think in a positive way and act without anger will do wonders. Our conduct in a situation is going to be really different if we take some time to look at good intentions instead of immediately reacting. It's much more productive to turn a bunch of assumptions into a shared understanding of the information.
In Chapters 1 and 2 you have been learning about the accounting equation, debits/credits, and account normal balances. The accounting equation is the foundation of accounting. Understanding debits/credits and the account normal balances are just as important. Sometimes, these concepts are difficult to understand and/or remember. Please research the Internet to find fun and easy ways to remember this information. It could be a song, a mnemonic, phrase, video, etc. I need the answer and cititation for the answer
The best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
What is the accounting equation?The accounting equation shows that assets are equal to liabilities and equity, given each business transaction.
The implication of the above definition is that when a transaction occurs, which may give rise to expenses, losses, gains, and incomes, the assets and liabilities and equity equation remains in balance.
For instance, when a company incurs an expense for cash, the assets (cash) side is reduced by the amount. Similarly, the equity side is also reduced by the same amount.
Thus, the best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
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How can a firm obtain the expertise needed to produce and market its products in another part of the world
a firm obtain the expertise needed to produce and market its products in another part of the world. by providing employ Training companies specialize in various kind of aspects of running a business, adding producing products and marketing them efficiently. You can contract such a firm to come into your business and teach your personnel the skills they need to learn to produce and sell your product.
A firm is a for-profit business, mainly formed as a partnership that provides professional services, known as legal or accounting services. The theory of the firm posits that firms exist to maximize profits and almost zero of the loss.
A firm is any type of business. illustration of firms are a sole proprietorship, partnership, limited liability company, or corporation. The term refer to more commonly associated with a partnership.
Business skills are competencies that belongs to people who knows the consumer habits and organizational behavior so they can use this knowledge to promote the success of the company. Business skills typically qualify as soft skills , and may represent team management, leadership and communication skills.
A product is could be any of the item or service you sell to serve a customer's need or want. They can be physical or virtual. Physical products represents durable goods
Networking is the simplest way of obtaining this so - called “ expertise . ” Connections need to be made locally , nationally then, globally.
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scarcity forces people to
Answer:
Because we don't have enough resources to provide all of the goods/services in the quantities that are wanted, scarcity forces us to make decisions about which goods/services we value higher.
Explanation:
Answer:
make choices
Explanation:
Scarcity forces all of us to make choices by making us decide which options are most important to us. The principle of scarcity states that there are limited goods and services for unlimited wants.
This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
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When mortgages are pooled together and interests in the pool are sold as securities, this process is referred to as
Answer:
Mortgage Backed Security
Explanation:
When mortgages are pooled together and interests in the pool are sold as securities, this process is referred to as mortgage backed security.
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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Which economies are moving away from their traditional reliance on agriculture to a more industrialized nation?
O A. developing economies that are becoming developed economies
emerging market economies that are becoming developing economies
C. developing economies that are becoming emerging market economies
developed economies that are becoming developing economies
O
B.
D.
Answer: A
Explanation:
Carly Company plans to depreciate a new building using the double declining-balance depreciation method. The building cost is $960,000. The estimated residual value of the building is $66,000 and it has an expected useful life of 25 years. Assuming the first year's depreciation expense was recorded properly, what would be the amount of depreciation expense for the second year
Answer:
Straight line method rate = 1/ Number of years * 100 = 1/25*100 = 4%
Double declining balance depreciation = 2*Straight line method rate*Book value
First Year depreciation = 8%*$960,000
First Year depreciation = $76,800
Second year depreciation = 8% * (Book Value as on 1st year - First Year depreciation)
Second year depreciation = 8%*($960,000-$76,800)
Second year depreciation = 8%*$883,200
Second year depreciation = $70,656
Discuss whether consumers will gain or lose from trade in the following cases below:________
a) The importing country when the market is perfect competition (3 points)
b) The exporting country when the market is perfect competition (3 points)
Answer:
a. Gain
b. Lose
Explanation:
a. The consumers in Importing country will gain in a perfect competition because imports by the country will increase the variety of products available and in a perfect competition every seller have the equal chance to sell its goods, so in order to increase sales the sellers may reduce prices which will result in a gain for the consumers.
b. The consumers in exporting country will lose in a perfect competition because the country is exporting the goods to another country and so the country exporting the goods will be left with limited goods and due to equal demand the prices will remain same or may increase if demand is increased which will result in a loss for the consumers of goods in a exporting country.
Rundle Company is considering the replacement of some of its manufacturing equipment. Information regarding the existing equipment and the potential replacement equipment follows.
Existing Equipment Replacement Equipment
Historical cost $ 109,000 Market price $ 110,000
Operating expenses* 120,000 Operating expenses* 111,000
Salvage value 29,000 Salvage value 11,000
Market value 40,000 Useful life 8 years
Book value 35,000
Remaining useful life 8 years
*The amounts shown for operating expenses are the cumulative total of all such expected expenses to be incurred over the useful life of the equipment.
Required
Calculate the total relevant cost of existing equipment and the potential replacement equipment. Should the equipment be replaced?
Based on the cost of the equipment and the replacement cost as well as operating expenses and the salvage value, the total relevant cost of existing equipment is $131,000 and the potential replacement equipment is $210, 000
The equipment should not be replaced.
How to find the cost of replacement?The total relevant cost for the existing equipment is:
= Operating expenses - Salvage value + Market value
= 120, 000 - 29, 000 + 40, 000
= $131, 000
The total relevant cost for the potential replacement is:
= Historical Cost + Operating expenses - Salvage value
= 110, 000 + 111, 000 - 11, 000
= $210, 000
The equipment should therefore not be replaced as it would cost more to replace than to keep the existing equipment.
In conclusion, the total cost for replacing the equipment is $131, 000 and the cost of the new potential replacement is $210, 000.
Find out more on cost of replacement at https://brainly.com/question/19341702
#SPJ1
Explain the positive and negative aspects of entrepreneurship. Draw evidence to support your claim from two other sources.
Answer:
Advantage #1: A flexible schedule – both in terms of when and where you work. ...
Advantage #3: It's exciting and fulfilling. ...
Advantage #4: The salary makes sense. ...
Disadvantage #1: You wear a lot of hats. ...
Disadvantage #2: You are always at work.
Explanation:
The positive (advantages) and negative aspects (disadvantages) of entrepreneurship are enumerated below:
Control: Entrepreneurship offers the entrepreneur a sense of being in charge and being the captain of the ship. With freedom of control comes increased risk of business failure.Responsibility: The entrepreneur is responsible for her income for life sustenance. There is no more reliance on a period paycheck. The entrepreneur can decide to delight her customers or to scare them away.Flexibility: The entrepreneur enjoys flexibility in work schedule. She works at her own pace. The downside is that your customers dictate when you work. The workload may increase more than your capacity to handle. Thus, flexibility does not happen always until you have established the business properly.Profit-making: As the business makes profits, the entrepreneur is entitled to receive all. When it makes losses, the entrepreneur similarly bears all.Thus, there are numerous benefits in being an entrepreneur. But there are also negative aspects of entrepreneurship.
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A company issued $300,000, 10-year, 10 percent bonds at 105. What is the total amount of interest expense that will be recorded over the life of these bonds
Answer:
$285,000
Explanation:
Interest paid in cash = $300,000 *10%*10 years
Interest paid in cash = $300,000
Premium received = $300,000/100*5
Premium received = $15,000
Net interest expense in life of bonds = Interest paid in cash - Premium received
Net interest expense in life of bonds = $300,000 - $15,000
Net interest expense in life of bonds = $285,000
A company's prime costs total $3,800,000 and its conversion costs total $7,800,000. If direct materials are $1,400,000 and factory overhead is $5,400,000, then direct labor is:
Explanation:
Conversion costs = Direct labor + Factory overhead
7,800,000 = Direct labor + 5,400,000
Direct labor = $2,400,000
First option is the correct option.
I know this much only.
Which of the following statements are false?
a. Revenue provides only outward flows of cash.
b. Revenue is a subdivision of Assets.
c. Revenue provides an inward flow of cash or accounts receivable.
d. Expenses are part of Total Assets.
Answer:
a. Revenue provides only outward flows of cash.
b. Revenue is a subdivision of Assets.
d. Expenses are part of Total Assets.
Explanation:
Revenue is the income a business receives from its regular trading activities. It is the money realized from the sale of goods and services to customers. A company may have different sources of revenue such as interests received, sales, or disposal of assets.
Revenue is cash coming to the business or cash inflows. cash outflows is money leaving the company. Expenses are an example of cash outflows.
Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities
performed by Architects? Check all that apply.
repairing and maintaining mechanical equipment
communicating with persons outside of the organization
drafting, laying out, and specifying technical devices, parts, and equipment
using dynamic flexibility to repeatedly bend, stretch, or twist with arms or legs
using night vision and peripheral vision
making decisions and solving problems
thinking creatively
Answer:
communicating with persons outside of the organization
drafting, laying out, and specifying technical devices, parts, and equipment
making decisions and solving problems
thinking creatively
B, C, F, G
Explanation:See attachment