Answer:
Exing relates to the three products for next yeaplaRWJ inc., produces the different medical devices. the following relates to the three products for next year.nation:
Pat decides to leave her job as an engineer to start a her own business. She estimates that her costs in rent, inventory, supplies, total $150,000. She will also give up her $80,000 salary as an engineer to work in her business. How much is her implicit cost
Answer:
Pat
Her implicit cost is:
$80,000
Explanation:
Pat's implicit cost is one part of the opportunity cost that arises when she utilizes her resources, knowledge, and skills toward a project or business without any explicit compensation for the utilized resources. She will be giving up $80,000 from all salary as an employed engineer to start her own business. She does not necessarily need to make a monetary payment for her implicit cost, unlike her explicit cost of $150,000.
Which assumption below best reflects a basic understanding economists have about the world? Group of answer choices The world has limited productive resources. There are limited wants. More output creates more wants. Output will always satisfy the needs of a society.
Answer:
The assumption which best reflects a basic understanding that economists have about the world is:
The world has limited productive resources.
Explanation:
This is the economic concept of scarcity. Scarcity is the concept of limited resources, which worries about the gap between societal resources and unlimited human wants. Economists try to explain that this situation of scarce resources requires the making of choices (decisions) that will ensure the efficient allocation of the resources to meet basic human needs and other increasing wants.
1
Select the correct text in the passage.
Which sentences highlight the correct way of preparing stewed potato?
Olivia chooses to prepare stewed potato during the weekend. She warms vegetable broth over medium heat. She then cuts potatoes into 1"
chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender. Jessica, too, likes stewed
potato. She peels, and boils potatoes until tender. She then uses an electric mixer to mix potatoes and salt until the dish shows a smooth
texture
Reset
Next
Answer:
She then cuts potatoes into 1" chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender.Explanation:
Stewed Potatoes is a very popular dish in the South and can be prepared in various ways but there are methods that are universal.
One such method is to cut the potato into chunks then adding these chunks to water/ broth and then ingredients. When the potato boils, cook it at a low heat until it becomes the desired level of tender.
Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
25.6%
Explanation:
Computation for the percentage total return
Using this formula
Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price
Let plug in the formula
Percentage total return=[($38-$50)+$.80)/$50
Percentage total return=$12+$.80/$50
Percentage total return=$12.8/$50
Percentage total return=0.256*100
Percentage total return=25.6%
Therefore the percentage total return will be 25.6%
An accountant passed the closing entries of the expenses and then closed all the expense accounts by crediting them. Which account should she debit to complete the dual aspect of the journal entry
Answer:
Profit and Loss Account or Income Statement
Explanation:
When closing off an expense, we debit the Expense Account and Credit the Profit and Loss Account or Income Statement. This is because an Expense is accounted as a decrease in the profit of the company. The Final Statement that reports profit is the Profit and Loss Account or Income Statement.
FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?
Answer: 7.23 times
Explanation:
Cash coverage ratio = Cash available/ Interest expense
Cash Available = Net Income before tax + Interest expense + Depreciation
= (40,825 / (1 - 24%)) + 10,320 + 10,570
= $74,607.11
Cash coverage ratio = 74,607.11/10,320
= 7.23 times
A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn
Answer: Increase
Explanation:
The price of corn will increase sharply due to the relative scarcity of corn in the market.
Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.
The amount of interpersonal space (space between people while interacting) that is acceptable varies by culture. This activity is important because interpersonal space is one of the key cultural areas to understand in business if you want to bridge cross-cultural gaps. The goal of this exercise is to test your knowledge of the cultural area of interpersonal space.
Determine which of the following countries has Least Social Distance and Most Social Distance.
a. China
b. UK
c. Saudia Arabia
d. India
e. USA
Answer:
Note: The full question is attached as picture below
Below is in order, according to the amount of social distance (interpersonal space in a professional interaction) that would likely be expected during a business transaction in that particular country.
1 = Least Social Distance: 5 = Most Social Distance:
1 - USA
2 - UK
3 - INDIA
4 - CHINA
5- SAUDI ARABIA
The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400.How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates
Answer:
the total manufacturing overhead allocated is 610
Explanation:
The computation of the manufacturing overhead allocated is as follows;
= Assembly department + sandling department
= 50 × 11 + 15 × 4
= 550 + 60
= 610
Hence, the total manufacturing overhead allocated is 610
We simply applied the above formula so that the total manufacturing allocated to Job 603 could come
A cylindrical garbage can has the dimensions shown.
A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A
What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.
Enter the correct answer in the box.
about
square inches
Question 2
Part B
What is the area of the vertical cross section of the cylinder through the centers of the bases?
Enter the correct answer in the box.
square inches
Question 3
Part C
Which cross section has the greater area, and by how much?
Select the correct answers from the lists to complete the sentence.
The vertical cross section has the greater area, by about 66.96 square inches.
A cylindrical garbage can has the dimensions shown.
A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A
What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.
Enter the correct answer in the box.
about
square inches
Question 2
Part B
What is the area of the vertical cross section of the cylinder through the centers of the bases?
Enter the correct answer in the box.
square inches
Question 3
Part C
Which cross section has the greater area, and by how much?
Select the correct answers from the lists to complete the sentence.
The vertical cross section has the greater area, by about 66.96 square inches.
If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online?
Answer: a. Non-inventory
Explanation:
QuickBooks online is an accounting software that helps millions of small and medium businesses.
If Mariette does not wish to track the quantity of the products she sells on hand, she should set these items up as Non-inventory items.
This designation is usually for goods that are immediately sold when purchased or were sold without even being purchased which means its for goods with really short shelf lives.
which trends are reshaping
the business, microeconomic and
microeconomic environments and
Competitive arena?
Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a constant debt-equity ratio. What is the maximum increase in sales that can be sustained assuming no new equity is issued?
Answer:
$4,941.96
Explanation:
Note: The complete question is attached as picture below
ROE = NI/TA
ROE = 9,702/81,000
ROE = 0.1198
The plowback ratio b, is (1 - payout ratio)
b = 1 - 30%
b = 1 - 0.30
b = 0.70
Sustainable growth rate = (ROE*b)/ (1 - (ROE*b)
Sustainable growth rate = 0.1198*(0.70) / (1 - 0.1198*(0.70)0
Sustainable growth rate = 0.0915
Sustainable growth rate = 9.15%
Maximum increase in sales = $54,000 * (0.0915)
Maximum increase in sales = $4,941.96
Stratton shipyards has 10 million dollars of sales and six million of operating cost including depreciation the company has 20 million of investor supplied operator Capital that has a cost of capital of 10% what is the firm's economic value-added to get from the company's overall tax rate of 40%
Answer:
Stratton Shipyards
The firm's economic value-added is:
$0.4 million
Explanation:
a) Data and Calculations:
Sales revenue = $10 million
Operating cost = 6 million
Pre-tax Income = $4 million
Income tax (40%) 1.6 million
After tax income $2.4 million
EVA = $2.4 million - ($20 million * 10%)
= $0.4 million
b) Stratton Shipyards Economic Value-Added (EVA) = the Net Operating Profit after Tax (NOPAT) – the product of the weighted average cost of capital (WACC) * capital invested. The EVA shows the real value creation by the company above its cost of capital.
If you are the Head of H.R Department in Ali Manufacture Company and you have hire the totally fresh candidates in your company so what kind of training you will suggested; on the job training or off the job training
Answer:
on the job training
Explanation:
On the job training focuses on a more practical training, i.e. training new employees through real life situations. While off the job training is theoretical training that can be carried out somewhere else. The advantage of on the job training is that new employees encounter the same type of situations that they will face on their jobs.
In a survey of a group of people, it was found that 60 0f them have
business, 45 have government jobs, 125 have farming, 27 have business
only, 15 have government job only, 10 have business and government
job only, 5 have government job and farming only.
i) How many people have all the profession?
ii) How many people were there in a survey?
Answer:
i) 15 ii) 177
Explanation:
Number of people with business = 60
Number of people with farming = 125
Number of people with government jobs = 45
Number of people with business only = 27
Number of people with government jobs only = 15
10 have business and government job only, 5 have government job and farming only.
i) Let x represent the number of people with all three jobs. Hence:
Number of people with government jobs = number of people with all three jobs + number of people with government and farming job + number of people with government and business + number of people with government job only
45 = x + 10 + 5 + 15
45 = x + 30
x = 15
15 people have all three profession.
ii)
Number of people with business jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and business + number of people with business job only
60 = 15 + number of people with business and farming job + 10 + 27
number of people with business and farming job = 60 - 52 = 8
Number of people with farming jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only
125 = 15 + 8 + 5 + number of people with farming job only
number of people with farming job only = 125 - 28 = 97
Number of people surveyed = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only + number of people with government and business + number of people with business job only + number of people with government job only
Number of people surveyed = 15 + 8 + 5 + 97 + 10 + 27 + 15
Number of people surveyed = 177
A theory of strategic factor markets suggests that the resources a firm possesses might give it an advantage versus competitors in labor markets such as this one. Which firm resource might be consistent with this position
Explanation:
Organizations are integrated systems that use resources to achieve certain objectives and goals and become profitable and competitive.
Globalization was a phenomenon that contributed to an increase in the flow of information and changes in technologies and paradigms that contributed to a greater speed in consumer trends, and in the number of companies competing in the market.
Therefore, to achieve competitive advantage, it is not enough for the organization to use its resources in a conventional way, it is necessary to use strategies to add value to its processes. Considering the current business scenario, it can be said that the human resource in companies is the one that will give it a sustainable competitive advantage, since the knowledge acquired is one of the main resources used for the company to position itself in relation to competitors, each time more companies are promoters of social responsibility, so prioritizing knowledge and its stakeholders will always be the most advantageous option for creating value and competitive advantages.
which market structure p
redominantly uses product differntation
Which of the following statements is normative? Group of answer choices Congress gives certain business corporations tax breaks. Tax breaks can lead to additional production. Tax breaks can change corporate behavior. Congress gives too many tax breaks to corporations.
Answer: Congress gives too many tax breaks to corporations.
Explanation:
Normative statements are said to be statement of opinion and not fact.
Option D is therefore a normative statement because it is the opinion of the speaker that congress gives too many tax breaks because from a neutral standpoint, it cannot be said with certainty the number of tax breaks that will be considered too much.
The other options are statements of fact.
When we compute the mean of a frequency distribution, why do we refer to this as an estimated mean?
Answer:
We call it an estimated mean because it represents the average of the data collected, and we assume that this average (estimated mean) represents the data collected. But this is not necessarily true since the estimated mean is not the same as all the different data collected. Most of the times, when we are working with statistics we do not know or are not even given all the data, we are just given the relevant ratios or indicators.
itemise the importance of marketing in an economy
Answer:
Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.
(b) A company had an average inventory last year of $208,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year
Answer: 156000
Explanation:
The average inventory during the current year would be calculated as follows:
Inventory Turnover Ratio = Cost of goods sold / average inventory
where,
Inventory turnover = 8
Cost of goods sold = $208,000 × 6 = $1,248,000
Average inventory = Unknown
Therefore, 8 = 1248000 / Average inventory
Average inventory = 1248000 / 8
Average inventory = 156,000
Golden Eagle invests 60% of their funds in stock I and the balance in stock J. The standard deviation of returns on I is 10%, and on J it is 20%. Calculate the variance of portfolio returns, assuming The correlation between the returns is 1.0 The correlation is .5. The correlation is 0.
Answer:
Variance of the portfolio = 1.96% for Correlation 1.0
Variance of the portfolio = 1.48% for Correlation 0.5
Variance of the portfolio = 1.00% for Correlation 0.0
Explanation:
Data Given:
Investment = 60% in stock I and the balance in ( 40% in stock J) = weights
Standard deviation on returns on I = 10%
Standard deviation on returns on J = 20%
Required:
Variance of portfolio returns.
Assumptions:
1) The correlation between returns is 1.0
2) The correlation is 0.5
3) The correlation is 0.0
Solution:σLet's suppose,
Weight of Stock I = w1
Weight of the Stock J = w2
so,
w1 = 60%
w2 = 40%
C = Correlation
SD = Standard deviation
SD1 = SD of stock I
SD2 = SD of stock J
So, the formula for the variance of the portfolio will be:
Variance of the portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Plugging in the values for Assumption 1, where C = 1.0
Variance of the portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 1.0 x 0.10 x 0.20)
Hence,
Variance of the portfolio = 0.0196 x100 to get it in percentage
Variance of the portfolio = 1.96%
Similarly for the assumption 2, where C = 0.5
Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.5 x 0.10 x 0.20)
Variance of the Portfolio = 0.0148 x 100
Variance of the Portfolio = 1.48%
Similarly, for assumption 3, where C = 0.0
Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.0 x 0.10 x 0.20)
Variance of the Portfolio = 0.01 x 100
Variance of the Portfolio = 1%
2019 balance sheet showed net fixed assets of $5.2 million, and the 2020 balance sheet showed net fixed assets of $5.8 million. The company’s 2020 income statement showed a depreciation expense of $335,000. What was the company's net capital spending for 2020?
Answer: $935,000
Explanation:
Net capital spending refers to the amount spent on acquiring new fixed assets.
= 2020 net fixed assets + 2020 depreciation - 2019 net fixed assets
= 5,800,000 + 335,000 - 5,200,000
= $935,000
Do “rules of the game” promote or prevent opportunism?
Answer:
promote I think
List and briefly describe three popular forms of ownership used in the lodging industry that allow for rapid expansion.
Answer:
Three popular forms are; Franchising, Management Contracts & Vacation Ownership. They are explained below
Explanation:
Three popular forms are; Franchising, Management Contracts & Vacation Ownership.
1) Franchising: This is a well-known marketing strategy that's used for business expansion and it's simply an arrangement whereby one party named the "franchisor" will grant or license some of it's rights and authorities to another party named the "franchisee".
It works such that a contractual agreement would be in place between Franchisor and Franchisee. In this agreement, the Franchisor will authorize the franchisee to sell their goods, products & services and give them rights to use their brand name & trademark.
2) Management contracts: This is simply an arrangement whereby the operational control of an entire enterprise will be vested by contract in a separate enterprise that will perform the necessary managerial functions in exchange for a specific fee. Now, management contracts are not just about selling a method of doing things but also about actually doing them.
3) Vacation ownership: This is a term used to refer to owning a timeshare.
Now, the mode of operation is usually a deeded ownership where we purchase a fraction of our favorite resort. The fraction is usually sold in weekly increments but then is also converted into points that can be used all around the world.
1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money laundering operation, these transactions represent which stage
Answer:
It represents the Integration stage
Explanation:
Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.
After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.
differentiate between a department with line responsibility and a department with staff responsibility
Answer:
While a department with line responsibility is directly involved in the daily activities and management of the business, a department with staff responsibility simply provides support for the line managers.
Explanation:
The line department consists of the chain of leaders whose positions in the organization are clearly differentiated from those of their subordinates. They make decisions and supervise the daily affairs of the business. Examples of these include; the department heads, the president, the production supervisors, etc.
A department with staff responsibility provides support for the department with line responsibility. Examples of personnel in the line department are the legal advisers and the human resource staff. The legal advisers provide support by advising the line managers on the lawful means to transact their business activities.
Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback
Answer:
Explanation:
Plato Users
Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.
What are Production methods?A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.
The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.
Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.
Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.
For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.
Learn more about Production methods, here
https://brainly.com/question/14337394
#SPJ5
Watson's Computer Company expects to produce 2,250 computers. Watson's Computer Company also expects to use 13,000 parts and have 20 setups.The allocation rate for materials handling will be
Answer:
$4.00
Explanation:
Calculation for what The allocation rate for materials handling will be
Using this formula
Materials handling allocation rate=Material Handling/Expected parts to use
Let plug in the formula
Materials handling allocation rate=$52,000/13,000 parts
Materials handling allocation rate=$4.00
Therefore The allocation rate for materials handling will be $4.00