Answer:
Incremental operating income = $71,400
Explanation:
Unit variable cost = 18.10 + 7.4+ 5.20 + 5 = $35.7
Note that the $5 additional variable cost was necessitated by the special order , hence it was added
Sales from special order = ( 8,000× $50) 400,000
Variable cost ( 8,000 ×× $35.7 ( 285600 )
Cost of special machine (43,000)
Incremental operating income 71,400
Incremental operating income = $71,400
Note that the fixed costs were not considered in the analysis , this simply because they are not relevant to the special order decision.. They would be incurred either way, whether the special order is accepted or not
A series of formal, written statements in which the plaintiff and defendant both state claims for the defense regarding the matter being disputed is which
of the following?
O Appeal
O Pleading
O Breach
O Trial
If youre coming from ICEV, the answer is pleading :)
What conditions would justify the assumption of a constant contribution margin per customer? Do you think those conditions are likely to hold here? To support your conclusions, do a scatter plot of the sample data, and then use the sample data to run a regression of purchase costs (dependent variable) on purchase revenues (independent variable). [Hint: What is the meaning of the intercept term of your regression results?]
The assumption of a constant contribution margin per customer can be justified when product mix, fixed costs, selling price, and variable costs remain constant, but it is unlikely to hold in real-world situations, and regression analysis can be used to investigate its validity.
The assumption of a constant contribution margin per customer can be justified when the product mix sold to customers remains constant, and there are no changes in the fixed costs of the company.
Additionally, the selling price of the product should remain the same, and there should be no changes in the variable costs of the product.
It is unlikely that these conditions hold in real-world situations. However, depending on the nature of the business and the products offered, the assumption of a constant contribution margin per customer may be a reasonable approximation.
To investigate whether the assumption of a constant contribution margin per customer holds in this case, we can create a scatter plot of the sample data and run a regression of purchase costs on purchase revenues.
The intercept term of the regression results represents the fixed costs that the company incurs, regardless of the level of sales. If the intercept term is significant, it suggests that there are fixed costs that the company must incur, even if it sells no products.
This would contradict the assumption of a constant contribution margin per customer, as the fixed costs would affect the contribution margin for each customer.
Therefore, we need to run a regression of purchase costs on purchase revenues to investigate whether the assumption of a constant contribution margin per customer holds.
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Well-conceived visions are:___________.
A. a reference point for managers in making strategic decisions.
B. primarily comprised of feel-good statements about the company's past history.
C. innocuous one-sentence statements. generic to many organizations.
D. vague and indefinite, to allow room for a company to change direction.
Answer:
A. )a reference point for managers in making strategic decisions.
Explanation:
A well-conceived vision strategic can be regarded as vision that prepare the organization for the future purposes. Through development of vision long term goals which are the projected future goals of a company can be achieved. When a a vision is well conceived, it is usually distinctive as as specific to a particular Company. It should be noted that a Well-conceived visions are reference point for managers in making strategic decisions.
People often have visions that defines their actions. Well-conceived visions are a reference point for managers in making strategic decisions.
Companies are known to have visions used in running their organization. Well-conceived visions are simply known to be unique and specific to a known organization.
They are known to be distinctive, very specific to a particular organization, free of generic, feel-good statements. and they are not innocuous one-sentence statements.
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When determining whether you NEED to file a federal tax return, each of these questions matters EXCEPT...
1.What state do you live in?
2.How much income did you earn this year?
3.What type of income did you earn this year?
4.Are you claimed as a dependent on anyone else's tax return?
A- The state you live in should not hold importance when filing the income tax return. The all other options are required to be filed as they are important to determine the tax slabs and deductions a person may get.
Suppose two persons earn exactly same income in a particular year and both the people belong to a different state, in such case both the person will be liable for equal taxation.
While filing an income tax return, there are various things that need to be disclosed so as to determine what tax slabs a person belongs to and what are the deduction he may avail.The amount of income, the nature of income like income from salary/business or profession/house property/other sources and whether such person is taxable or not due to dependency on others needs disclosed. To conclude it doesn't matter which state a person belongs for the taxability of such person while filing an income tax return.Hence, the correct option is A that the the residency of state of such person will not matter for the purpose of filing his tax return.
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Which one of the following is not an example of collaborators? O Public relations companies O Customers O Savings and loans O Marketing research firms
The Savings and loans are not an example of collaborators. Option B
What are collaboratorsCollaborators typically refer to individuals, groups, or entities that work together or cooperate on a project, initiative, or business endeavor. They often have some shared goals, interests, or responsibilities. Let's break down the other options to understand how they fit the concept of collaborators:
Public relations companies: These companies help businesses manage their public image and communications. They collaborate with businesses to shape their messaging, handle media relations, and enhance their reputation.
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Although all could potentially act as collaborators, Savings and Loans, being primarily financial institutions, are less commonly associated with the role of collaborators.
Explanation:In the context of business and organizational collaboration, the options provided - Public relations companies, Customers, Savings and loans, and Marketing research firms, all can be considered as potential collaborators. However, if we focus on the most traditional definition, savings and loans, which generally refers to specific financial institutions, might be less associated with the role of collaborators in a standard business scenario. Unlike public relations companies, customers, and marketing research firms, savings and loans are primarily engaged in the sphere of financial transactions rather than collaborations for business strategy or product/service development.
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Explain how supply and demand is relevant to wages,rent, or food cost in Charles and Ebony's budget
The forces of supply and Demand will influence the wage, food cost and rent of Charles and Ebony's budget because they will determine how much is spent or allocated for the various expenses.
What is the Demand and Supply?
Demand and supply is an economic principle that describes the ways good and services are transacted in an open market.
This means that if all economic factors remain constant, the price for a unit of a product or other traded commodities such as labor or liquid financial assets, will continue to shift or adjust until it meets at a point where the quantity which is demanded in a market at the current price will equal the quantity supplied at the current price.
This adjustment will result in an economic equilibrium for price of the commodity and the quantity of that commodity transacted.
Therefore, for Charles and Ebony's budget, the amount allocated to wages, rent and food cost will continue to adjust until they are able to purchase at a given market price based on the forces of demand and supply.
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rationing a product by coupons when recipients are allowed to sell them will cause
QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers
Marketers need to focus on creating value for their customers. The Option D.
Why is creating value for customers crucial for marketers?Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.
By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.
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9.
Which must pass through the state probate court system?
O A. Testamentary trust
O B. Living trust
O C. Pour-over trust
Before a will is written, a testamentary trust must go through probate. The correct answer is option (a).
What do you mean by probate?Before a will is written, a testamentary trust must pass through probate. In the course of probating the will, the executor will also establish the trust. Legal expenses may be deducted from the trust funds if the trustee needs legal counsel on how to manage the trust.
The term "probate" refers to a copy of a will that has been witnessed by a court official and is accompanied by a grant of management of the testator's assets. Only the will's appointed executor is eligible for a probate. A probate is also required if the will covers real estate in more than one state.
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sarah has a brokerage account with jeff, who is a money manager with downtown brokers. sarah pays an all-inclusive annual fee to the firm and jeff manages her funds. she pays no trading costs or commissions. which one of the following best describes this type of account? multiple choice A. wrap cash B. margin C. mutual D. advisory
A. Wrap cash best represents this type of account paying no trading expenses or commissions.
Trading is the act of buying and selling financial items including stocks, bonds, currencies, and commodities, as opposed to investing, which suggests a buy-and-hold strategy. The ability of a trader to achieve long-term profitability is crucial to success in trading. Trading essentially consists of two persons exchanging goods and services. Investors and traders who trade stocks in various firms are the parties involved in this situation. A trading strategy is a predefined plan developed to profit from market longs or shorts in the world of finance. The main advantages of a well-researched trading strategy are that it is objective, consistent, verifiable, and quantitative.
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Which statement best illustrates an example of economic specialization?
A. An employee leaves a large corporation to start her own business.
о B. A country decides to stop importing goods from foreign
companies.
O C. A business owner only hires employees with a wide variety of
skills.
O D. An artist becomes an expert at designing websites for restaurants.
SUBMIT
An artist becomes an expert at designing websites for restaurants such a statement best illustrates an example of economic specialization. The correct option is D.
Economic specialization entails the development of specialized knowledge and skills in a particular area of economic activity, and the best example of this is an artist who becomes an expert at creating websites for restaurants.
Economic specialization is the process through which people, organizations, or entire nations concentrate on manufacturing particular commodities or services for which they have a comparative advantage in order to boost production and efficiency. By specializing, people or companies can become more skilled and efficient at creating that good or service, which will boost their output and profits.
Thus, the ideal selection is option D.
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Suppose that in a certain country called Litigia, patients do not have the legal right to sue their medical insurance providers.
Now, suppose, however, that Litigia's government passes legislation that no longer protects medical insurance providers from lawsuits, so that patients in Litigia can now sue their insurance providers.
After the legislation is passed, what will happen to the price of medical insurance and the number of medical insurance policies sold?
The price will decrease, and the number of medical insurance policies sold will also decrease.
The price will increase, while the number of medical insurance policies sold will decrease.
The price will decrease, while the number of medical insurance policies sold will increase.
The price will increase, and the number of medical insurance policies sold will also increase.
C) The price will decrease, while the number of medical insurance policies sold will increase.
What is legislation?Legislation is the process by which local, state, or federal legislatures draft and enact laws. It is occasionally used to refer to municipal ordinances as well as the rules and regulations passed by administrative bodies while they were performing their delegated legislative duties.
The legislation involves participation from the executive branch in addition to action by a legislative body. Unless the executive's veto is overridden by a large enough majority in each house of the legislature, legislation cannot become law without the executive's concurrence. Additionally, the executive's job involves much more than just consent or opposition.
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indicate how resources will be allocated in a market economy
Answer:
In a free market economy, resources are allocated through the interaction of free and self-directed market forces. This means that what to produce is determined consumers, how to produce is determined by producers, and who gets the products depends upon the purchasing power of consumers
The future gain or loss of income from a capital investment is referred to by what term
The future gain or loss of income from a capital investment is referred to as the "return on investment" (ROI). It is a measure of the profitability of an investment and is typically expressed as a percentage of the initial investment. ROI takes into account both the amount of money gained or lost and the time frame over which the investment was held. A positive ROI indicates that the investment generated more money than was initially invested, while a negative ROI indicates that the investment lost money. ROI is an important metric used in finance and investment analysis to evaluate the success of an investment and to compare different investment opportunities.
how to find comparative advantage
Comparative advantage is usually measured in opportunity costs, or the value of the goods that could be produced with the same resources. This is then compared with the opportunity costs of another economic actor to produce the same goods.
Economics makes a speciality of the behaviour and interactions of financial retailers and how economies work. Microeconomics analyzes what is regarded as primary factors within the financial system, consisting of character retailers and markets, their interactions, and the effects of interactions. individual sellers can also consist of, for instance, households, corporations, buyers, and dealers. Macroeconomics analyzes the economic system as a machine wherein production, intake, saving, and funding interact, and elements affecting it: employment of the assets of labour, capital, and land, currency inflation, economic growth, and public rules which have effect on these elements.
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please answer asap! In one to two sentences, explain how the money for a negative tax for low-income earners could be redistributed from high-income earners.
One way that money for a negative tax for low-income earners could be redistributed from high-income earners is by increasing tax rate on high income earners.
How to fund a negative tax ?One plausible method to address income inequality is via an increase in tax rates for high-income earners. By doing so, a larger percentage of their revenue would be allocated towards taxes which could then be utilized to finance the negative tax program.
Another potential avenue would involve imposing a wealth tax upon individuals or households based on their net worth. This type of taxation would predominately affect those with significant lifetime acquisition of assets and resources – particularly the wealthiest members of society.
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What are 2 key benefits of budgeting?
Budgeting allows for effective financial management, empowering individuals and organizations to control their finances, plan for the future, achieve goals, and enhance long-term security.
Budgeting offers several key benefits for individuals, households, businesses, and organizations. Here are two key benefits of budgeting:
Financial Control and Planning: Budgeting provides a framework for financial control and planning.
By setting clear financial goals and allocating resources effectively, individuals and organizations can have better control over their income, expenses, and overall financial situation. Budgeting allows for proactive decision-making, as it helps identify areas of overspending or potential savings, enabling adjustments and course corrections as needed.
It helps in prioritizing expenses, reducing wasteful spending, and ensuring that financial resources are allocated in line with priorities and objectives.
Goal Achievement and Future Security: Budgeting plays a crucial role in goal achievement and future security. By setting specific financial goals, such as saving for a house, education, retirement, or business expansion, budgeting helps individuals and organizations allocate resources towards these goals systematically.
It provides a roadmap for saving and investing, ensuring progress towards long-term objectives. Budgeting also helps in managing debt effectively, reducing financial stress, and building a strong financial foundation for the future.
By establishing savings and emergency funds, budgeting provides a safety net, enhancing financial resilience in case of unexpected events or economic downturns.
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How much is GDP increased if MPC is .8 and new spending is $90,000?
a. 640,000
b. 520,000
c. 450,000
Answer:
B
Explanation:
250,000
What types of people make up a persons personal network
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
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A manager of Paris manufacturing which produces computer hard drives, is planning to lease a new automated inspection system. The manager believes the new system will be more accurate than the current manual inspection process. The firm has had problems with hard drive defects in the past and the automated system should help catch these defects before the drives are shipped to the final assembly manufacturer. Below are the relevant information:
Current manual inspection system:
annual fixed cost = $35,000
Inspection variable cost per unit = $15 per unit.
New automated inspection system:
Annual fixed cost = $165,000
Inspection variable cost per unit = $0.55 per unit
1- Suppose annual demand is 8000 units. Should the firm lease the new inspection system?
2- NEW-SPEC, a firm that specializes in providing manual inspection processes for other firms, approached Paris manufacturing and offered to inspect parts for $19 each with no fixed costs. It assured Paris manufacturing that the accuracy and quality of its manual inspections would equal that of the automated inspection system. Demand for the upcoming year is forecast to be 8000 units. Should the manufacturer accept the offer?
Answer:
Paris Manufacturing
1. Based on cost considerations, the new inspection system should not be leased.
2. Based on cost considerations, the manufacturer should accept the NEW-SPEC offer.
Explanation:
a) Data and Calculations:
Annual demand for computer hard drives = 8,000 units
Current manual inspection system:
annual fixed cost = $35,000
Inspection variable cost per unit = $15 per unit.
Total cost for manual inspection system:
Variable costs $120,000 (8,000 * $15)
Fixed costs 35,000
Total costs $155,000
New automated inspection system:
Annual fixed cost = $165,000
Inspection variable cost per unit = $0.55 per unit
Total cost for automated inspection system:
Variable costs $4,400 (8,000 * $0.55)
Fixed costs 165,000
Total costs $169,400
Total cost with NEW-SPEC:
Variable costs $152,000 (8,000 * $19)
b) The improved efficiency will surely outrun the cost of the new automated inspection system. Therefore, I recommend that Paris should go ahead with the new system, despite the costs. Accepting the offer from NEW-SPEC provides the best financial efficiency. However, in the long-run, purchasing the automated inspection system might prove to be the best decision.
Calculated the Weighted Average Cost of Capital (WACC) using the information above. There are three (3) funding sources used by the company: Bonds, Preferred Shares and Equity.
Answer:
To calculate the WACC, we need to first calculate the cost of each type of funding source, and then calculate the weighted average of those costs based on their respective weights in the company's capital structure.
Cost of Debt (Bonds):
The cost of debt is calculated using the formula:
Cost of Debt = (Interest Rate x (1 - Tax Rate))
= (8.5% x (1 - 30%))
= 5.95%
Cost of Preferred Shares:
The cost of preferred shares is calculated using the formula:
Cost of Preferred Shares = Dividend Yield
= 11.0%
Cost of Equity:
The cost of equity is calculated using the Capital Asset Pricing Model (CAPM) as follows:
Cost of Equity = Risk-Free Rate + Beta x (Market Return - Risk-Free Rate)
= 4.0% + 3.05 x (12.0% - 4.0%)
= 4.0% + 24.45%
= 28.45%
Weighted Average Cost of Capital (WACC):
WACC = (Weight of Debt x Cost of Debt) + (Weight of Preferred Shares x Cost of Preferred Shares) + (Weight of Equity x Cost of Equity)
= (1,000 / 1,800) x 5.95% + (400 / 1,800) x 11.0% + (1,400 / 1,800) x 28.45%
= 0.3308 x 5.95% + 0.2222 x 11.0% + 0.7778 x 28.45%
= 1.965% + 2.444% + 22.121%
= 26.53%
Therefore, the WACC for the company is 26.53%
On June 1, 2021, Andres Property Management entered into a 2-year contract to oversee leasing and maintenance for an apartment building. The contract starts on July 1, 2021. Under the terms of the contract, Andres will be paid a fixed fee of $56,000 per year and will receive an additional 15% of the fixed fee at the end of each year provided that building occupancy exceeds 90%. Andres estimates a 30% chance it will exceed the occupancy threshold, and concludes the revenue recognition over time is appropriate for this contract.
Required:
1. Assume Andres estimates variable consideration as the expected value. How much revenue should Andres recognize on this contract in 2021?
Answer:
429,260
Explanation:
Contract commencement date = July 1 , 2021
Contract payment term = $56,000 / annual
Additional 15% ($8,400) at the end of each year if occupancy exceeds 90%
Estimate of meeting occupancy threshold = 30%
At the year end 2012, Contract timeline = 6 month (1/2 year)
Base revenue recognized 56000/2 = $28,000
Additional payment = (8400*30% )/2 =$1260
Revenue recognized at December 31 , 2021 = $28000+ $1260 = $29,260
1. A workshop prepared two articles A and B .The time required at different stages and profit per unit are shown below. Formulate the LP model Work center product Cutting Machine Packing Profit per unit($) A 2 1 1 50 B 1 2 0.5 60 Total capacity 80 100 50
This linear programming model maximizes the total profit (Z) obtained from articles A and B. The constraints ensure that the total capacity at each stage (Cutting Machine, Work center and Packing) is not exceeded.
What is linear programming model?Linear programming is a mathematical modelling technique used to optimize a certain outcome given a set of constraints. The objective of linear programming is to maximize or minimize a function subject to certain linear constraints.
LP Model: Maximize Z = 50x_A + 60x_B
Subject to:
2x_A + x_B ≤ 80 (Total capacity at Cutting Machine)
x_A + 2x_B ≤ 100 (Total capacity at Work center)
x_A + 0.5x_B ≤ 50 (Total capacity at Packing)
x_A, x_B ≥ 0 (Non-negativity)
This linear programming model maximizes the total profit (Z) obtained from articles A and B. The constraints ensure that the total capacity at each stage (Cutting Machine, Work center and Packing) is not exceeded.
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Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by
Answer: Asset allocation
Explanation:
Research from the 1970s to the 1990s found that over 90 percent of a fund's returns over time is explained by asset allocation.
It should be noted that asset allocation is simply referred to as an investment portfolio technique which balance risk through the division of assets among major categories like stocks, bonds, cash, real estate, and derivatives.
In any industry, ethical behavior is the responsibility of ______.
Answer:
In any industry, ethical behavior is the responsibility of each employee
Answer:
each employee
Hope this helps
Write a solution to each scenario
1. Julio,Liza, and Jon must prepare a report, but Jon hasn't done his share.
2. Regeena's boss likes her work but she 's always late in spite if being warned.
3. Lucie thinks her boss is being unfair because he gives her morw work than he gives her co-workers.
The solution that would have to be done in all of the situations that we have here would be:
The solution that would be done here is to find out why Jon has not done his then try to offer him assistance to get the job doneGiven that Regina is always late despite being warned, the boss has to find out the reason for her lateness and if she still continues, it may cause her to have a probation at work.Lucie would have to speak to her boss on the volume of work that she gets.How to deal with situations in the work placeIn the work place, it would be best if the people that are in a particular work environment are able to work in a way that they would avoid all forms of conflicts that may arise.
This would have to do with putting up all of the attitudes that has to do with coming early to work, showing respect and being eager to learn.
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what amount of Capital could be raised by Transnet
The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
What is Transnet?This is the name of a railroad company that was established in South Africa. The company is known for the fact that it is a port, a rail and a pipeline company in the nation.
According to the goals of the company, there goal is to grow the business to have a R100 billion business by 2020. This business is a limited liability company that is owned majorly by the Department of Public Enterprises of South Africa. The government of the country are known to be the sole share holder that the business has in the nation.
So based on the question that we have here we can conclude that the The amount of capital that Transnet is said to be able to raise is put at R100 billion business by 2020.
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Bob Martino has a home mortgage on a vacation home with ABC Co., a local credit union. Which condition would allow him to work on the firm's audit of ABC?
1) No condition would allow him to work on the audit.
2) He will charge less than 20 hours to the credit union's audit.
3) His loan is not material to his net worth.
4) He is not the lead engagement partner or manager on the account.
Based on the information, the condition that would allow him to work on the firm's audit of ABC is His loan is not material to his net worth. Thus the correct option is D.
Bob Martino would need permission from ABC management in order to participate in the corporate audit of ABC Co., a financial institution.
Bob Martino would need permission to refrain from using any private information gained from the credit union audit for his or her own benefit in order to qualify for the exemption.
The auditing company would need to determine whether his loan is material to his net worth in order to make sure he is not swayed by his own financial interests.
Therefore, option D is appropriate.
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