A start-up mobile phone manufacturer who produces motherboards has fixed costs of $320,000 per year and variable costs are $11 per unit. An outside firm can build the same wheel chair at a cost of $22 per unit with annual fixed costs of $6,000. Considering cost alone. what is the quantity where making the wheelchairs and buying them are equal? Round your answer to the nearest whole number, no decimals. If demand is expected to be 25,000 should we make or buy? Enter either the word make or the word buy Round your answer to the nearest whole number, no decimals.

The legal capital is the sum of the preference share capital and the ordinary share capital, which in this case is P3,000,000 (preference share capital) + P4,000,000 (ordinary share capital) = P7,000,000.

Legal capital refers to the minimum amount of capital that a company is required to maintain based on the legal requirements and regulations of a particular jurisdiction. It represents the portion of a company's equity that cannot be distributed to shareholders as dividends or otherwise withdrawn from the company's operations. The purpose of legal capital is to ensure that a company maintains a minimum level of financial stability and protects the interests of creditors and other stakeholders by preventing excessive distribution of capital that could impair the company's ability to meet its obligations.

Learn more about legal capital here:

https://brainly.com/question/16008880

#SPJ11

Option  C. $114.21 .Monthly payment of a loan is the amount paid each month to a financial institution for the term of the loan.

Monthly payment can be calculated using the formula `M = Pm(1 + m)^na/(1 + m)^na - 1`.Where,P = 2500 (the loan amount)I = 9% (annual interest)N = 2 years = 24 monthsNow, we need to calculate monthly interest (m). m is the annual interest rate divided by the number of months in a year.m = I/12 = 9/12 = 0.75%Using the above formula:Now, we need to calculate the value of (1 + m)^na = (1 + 0.75%)^(24) = 1.209985.1.209985 - 1 = 0.209985.

Now, we can calculate monthly payments using the formula

M = Pm(1 + m)^na/(1 + m)^na - 1 as:M = 2500 × 0.007875 × 1.209985 / 0.209985 = $114.21.

So, the correct option is C. $114.21.

Monthly payment of a loan is the amount paid each month to a financial institution for the term of the loan. The payments are calculated using the principle, interest rate, and number of payments. The interest is the amount charged by a lender for lending money, expressed as an annual percentage of the loan balance. The formula used to calculate the monthly payment for a loan is M = Pm(1 + m)^na/(1 + m)^na - 1.

learn more about interest Refer: https://brainly.com/question/31809089

#SPJ11

Following are the terms, matched with their definitions.

Money Supply (M1) refers to the currency held by the public, such as cash, and balances in transactions accounts like checking accounts.

Money Supply (M2) includes M1 and extends to include balances in most savings accounts and money market funds, which are less liquid than M1 components.

The Federal Funds Rate is the interest rate at which banks lend reserves to each other overnight.

The Discount Rate is the interest rate set by the Federal Reserve for lending reserves to private banks.

The Phillips Curve describes a historical inverse relationship between the rate of unemployment and the rate of inflation, suggesting a trade-off between the two.

Marginal Tax Rate represents the tax rate applied to the last (marginal) dollar of income earned.

Crowding Out occurs when increased government borrowing reduces private sector borrowing and spending.

Net Investment is calculated by subtracting depreciation from gross investment, providing the measure of investment that adds to the economy's capital stock.

Crowding In refers to increased private sector borrowing and spending resulting from decreased government borrowing.

Absolute Advantage refers to a country's ability to produce a specific good using fewer resources per unit of output compared to other countries.

Learn more about Money Supply (M1) here:

https://brainly.com/question/31928519

#SPJ11

To determine the firm's greatest possible profits, we need to consider the total cost (TC), marginal cost (MC), average variable cost (AVC), and the market price (P) based on the given equations. By calculating the firm's total revenue (TR) and subtracting the total cost, we can determine the firm's profits under different scenarios.

5.1: If the firm is currently producing 20 units of output, we can calculate the total cost (TC) using the given equation. TC = 500 + 10q + 4q^2. Plugging in q = 20, we find that TC = 500 + 10(20) + 4(20^2) = 1,700. To calculate profits, we need to subtract TC from the total revenue (TR).

5.2: With only the information that the firm has an average variable cost (AVC) of R50, we cannot determine the firm's current profits. Average variable cost represents the variable cost per unit of output, but it does not provide information about the total cost or revenue.

5.3: If the market price is currently R106 (P = 106), we can calculate the total revenue (TR) by multiplying the market price by the quantity of output (q). TR = P * q = 106 * q. To find the greatest possible profits, we subtract the total cost (TC) from the total revenue (TR).

5.4: If the market price falls to R50 (P = 50), similar to the previous scenario, we would need the revenue equation to calculate the total revenue (TR) and determine the greatest possible profits.

In both cases (5.3 and 5.4), the calculation of profits depends on the revenue equation.

Learn more about revenue equation here:

https://brainly.com/question/14465227

#SPJ11

Branson Ltd owns two delivery vehicles and uses the straight-line method of depreciation. The following events and transactions occurred during the first 3 financial years:2019-2020:1 July 2019Purchased a delivery truck from Mangrove Mountain Motors for $66,000 (GST Inclusive) plus cash plus stamp duty of $620 (GST exempt), and registration and third-party insurance of $840 (GST exempt).1 June 2020Made minor repairs to the truck for cash at a cost of $462 (GST Inclusive).Recorded annual depreciation.

Branson Ltd owns two delivery vehicles and uses the straight-line method of depreciation. The following events and transactions occurred during the first 3 financial years:2019-2020:1 July 2019Purchased a delivery truck from Mangrove Mountain Motors for $66,000 (GST Inclusive) plus cash plus stamp duty of $620 (GST exempt), and registration and third-party insurance of $840 (GST exempt).1 June 2020Made minor repairs to the truck for cash at a cost of $462 (GST Inclusive).Recorded annual depreciation.30 June 20202020-2021:1 July 2020Purchased a delivery van from Northern Motors for cash, $49,500 (GST Inclusive).This van was a used vehicle which was expected to last 4 years from the date of purchase.Fitted four new tyres to the van at a cash cost of $1,452 (GST Inclusive).Recorded depreciation on both truck and van.30 June 20212021-2022:1 July 2021Paid $4,070 (GST Inclusive) for an overhaul of the motor of the delivery truck.This expenditure is expected to extend the useful life by 1 year.The parts replaced in the truck were considered to have a carrying amount of $2,000.Installed a two-way radio in the delivery van at a cost of $1,760 (GST Inclusive) to improve efficiency.This expenditure will not increase the useful life.Recorded depreciation on both truck and van. Required Prepare the general journal entries to record the transactions of Branson Ltd as they relate to both vehicles from 1 July 2019 to 30 June 2022. Table 1 - Account names: Repair Expense Delivery Vehicles GST Receivable Accumulated Depreciation - Delivery Vehicles Depreciation Expense Cash at Bank Expense of Parts Replaced Date Particulars 1 July 2019 (To record acquisition of delivery truck) (To record minor repair work) 1 June 2020 Debit ($) Credit ($) Cash at Bank 66,000 GST Receivable 6,000 Delivery Vehicles 72,000 Repair Expense 462 GST Receivable 42 Accumulated Depreciation - Delivery Vehicles 1,979.50 Depreciation Expense 1,979.50 30 June 2020 Depreciation Expense 4,947 Accumulated Depreciation - Delivery Vehicles 4,947 1 July 2020 Cash at Bank 49,500 Delivery Vehicles 49,500 Expense of Parts Replaced 2,000 Accumulated Depreciation - Delivery Vehicles 2,000 30 June 2021 Depreciation Expense 9,877 Accumulated Depreciation - Delivery Vehicles 9,877 Depreciation Expense - communication equipment 267 Accumulated Depreciation - communication equipment 267 1 July 2021 Accumulated Depreciation - Delivery Vehicles 1,979.50 Depreciation Expense - Delivery Vehicles 9,977 Accumulated Depreciation - communication equipment 267 Accumulated Depreciation - Delivery Vehicles 9,977 Accumulated Depreciation - communication equipment 267 Cash at Bank 4,070 Expense of Parts Replaced 2,000 Delivery Vehicles 6,070 Depreciation Expense - communication equipment 267 Accumulated Depreciation - communication equipment 267 30 June 2022 Depreciation Expense 10,330 Accumulated Depreciation - Delivery Vehicles 10,330 Workings - depreciation on delivery truckDelivery truck:Carrying amount prior to improvement ($61 460 - $28 230) = $33,230Add: Cost of improvement (major overhaul) = $4,070Less: Cost of parts replaced = $2,000Less: Residual value = $5,000Revised depreciable amount = $30,300Remaining useful life = 3 yearsRevised annual depreciation - rounded 267 = $9,977. The above table shows the general journal entries to record the transactions of Branson Ltd as they relate to both vehicles from 1 July 2019 to 30 June 2022.

To know more about vehicles visit;

https://brainly.com/question/32347244

#SPJ11

To sequence the trailers and minimize the number of tardy containers using the Moore algorithm, we need to follow these steps:

a. Calculate the slack time for each trailer by subtracting the unloading time from the promised time. Trailer Unloading Time (hours) Promised Time (hours) Slack Time (hours) A 6 10 4 B 4 5 1 C 15 35 20 D 18 25 7 E 10 20 10 F 12 15 3

b. Sort the trailers in ascending order of their slack time. Trailer Slack Time (hours) B 1 F 3 D 7 A 4 E 10 C 20 c. Sequence the trailers based on the sorted slack time. Optimal sequence: B - F - D - A - E - C. Therefore, the optimal sequence to minimize the number of tardy containers using the Moore algorithm is: Trailer B, Trailer F, Trailer D, Trailer A, Trailer E, Trailer C.

Learn more about Moore algorithm here

https://brainly.com/question/29316461

#SPJ11

The probability that more than 50 customers make a purchase in a random sample of 100 customers is 0.4048 (option d).

To determine the probability that more than 50 customers make a purchase in a random sample of 100 customers, we can use the binomial probability formula.

The binomial probability formula is given by:

P(X > k) = 1 - P(X ≤ k)

Where:

P(X > k) is the probability that the number of successes (customers making a purchase) is greater than k.

P(X ≤ k) is the cumulative probability that the number of successes is less than or equal to k.

In this case, we want to find the probability that more than 50 customers make a purchase, which means we are looking for P(X > 50). We can calculate this by subtracting the cumulative probability of 50 or fewer customers making a purchase from 1.

Using a binomial probability calculator or a statistical software, we find that P(X ≤ 50) is approximately 0.5952.

Therefore, the probability that more than 50 customers make a purchase in a random sample of 100 customers is:

P(X > 50) = 1 - P(X ≤ 50)

= 1 - 0.5952

≈ 0.4048

Among the given answer choices, the closest option is:

d) 0.4051

For more about probability:

https://brainly.com/question/31828911

#SPJ11

Answer:

The statement "Indirect finance is more important than direct finance for businesses" is false.

While both indirect finance through financial intermediaries and direct finance through securities markets play important roles in providing external financing for businesses, it is not accurate to claim that indirect finance is more important. Direct finance, including the stock market, can be a crucial source of external funds for businesses, allowing them to raise capital by issuing stocks or bonds directly to investors. Indirect finance involves financial intermediaries such as banks and mutual funds channeling funds from savers to borrowers. While indirect finance plays a significant role in the economy, it does not necessarily overshadow the importance of direct finance for businesses. Additionally, direct finance offers companies greater control over the terms and conditions of the financing. Financial intermediaries also play a significant role in providing funds, but it would be incorrect to consider them as the sole or most important source of external financing.

Learn more about indirect and direct finance in business financing here:

https://brainly.com/question/31541024

#SPJ11

Key Organization and Management Critical Issues and Problems:

Lack of management training and expertise: The partners, Breitt, Starr & Diamond, recognized their lack of management skills and the need for a general manager of operations to handle supervisory tasks and resource planning. However, their decision to hire Brad Howser without considering his compatibility with the agency's culture and values has created issues.

Inflexible work policies: Howser's imposition of strict work hours without considering the needs of employees, such as flexible schedules for child care, has led to dissatisfaction among the graphic artist and a salesperson. This inflexibility may hinder employee morale and work-life balance.

Micromanagement and control: Howser's approach of taking over purchasing decisions and implementing rigid procedures for employee requests limits autonomy and may stifle creativity. Employees may feel disempowered and less motivated in their roles.

Lack of effective communication and collaboration: The implementation of weekly staff meetings by Howser aimed at promoting team spirit has not yielded the desired results. Employees are reluctant to share their concerns or ideas, indicating a breakdown in communication and a lack of trust.

Evaluation of Alternatives for each Key Organization and Management Critical Issues and Problems:

Management Training: The partners could invest in management training programs for themselves and other key employees to acquire the necessary skills and knowledge to effectively manage the agency. This would help them handle employee concerns and coordinate work more efficiently.

Flexibility and Work-Life Balance: Howser could reconsider his approach to work hours and allow for some flexibility, especially for employees with child care responsibilities. This would demonstrate a commitment to employee well-being and potentially improve job satisfaction.

Empowerment and Autonomy: Howser can foster a culture of trust and empowerment by involving employees in decision-making processes, encouraging their input, and providing them with more autonomy in their roles. This approach can enhance motivation and creativity among employees.

Effective Communication and Collaboration: Howser should focus on improving communication channels and creating a safe and inclusive environment during staff meetings. Encouraging open dialogue, active listening, and addressing employee concerns would promote better collaboration and engagement.

Learn more about Empowerment here:

https://brainly.com/question/32109087

#SPJ11

The discriminant is positive, the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market is zero, i.e., FC = 0.

In sequential Stackelberg competition, there are two firms where one firm is the leader (firm 1) and the other firm is the follower (firm 2). In this situation, firm 1 decides its quantity x1 first and firms 2 follows after observing x1.

To calculate the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market, we need to follow these steps:

Step 1: Find out the profit function of firm 1π1 = (p(x1+x2) - c(x1))x1

Here, p(x1+x2) is the total demand of the market, which is 100 - 0.1 (x1 + x2)π1 = (100 - 0.1(x1 + x2))x1 - (FC + 5x12)π1

= 100x1 - 0.1x1² - x1x2 - FC - 5x12

Step 2: Find out the profit function of firm 2π2 = (p(x1+x2) - c(x2))x2π2

= (100 - 0.1(x1 + x2))x2 - (FC + 5x22)π2

= 100x2 - 0.1x1x2 - x2² - FC - 5x22

Step 3: Find out the best response function of firm 2

Taking the derivative of π2 with respect to x2, we get:

∂π2/∂x2 = 100 - 0.1x1 - 2x2 - 10x2∂π2/∂x2 = 100 - 0.1x1 - 12x2

Now, we set ∂π2/∂x2 = 0, to find the best response function of firm 2.0 = 100 - 0.1x1 - 12x20

= 100 - 0.1x1 - 12x2x2

= (100 - 0.1x1)/12

Step 4: Find out the profit of firm 1 when firm 2 follows the best response function

When firm 2 follows the best response function, x2 = (100 - 0.1x1)/12

Putting this value in the profit function of firm 1π1 = 100x1 - 0.1x1² - x1 [(100 - 0.1x1)/12] - FC - 5x12π1 = -0.0083x1² + 4.167x1 - FC

Step 5: Find out the critical value of FC at which firm 1 is indifferent between entering and not entering into the market

t the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market, firm 1 should be indifferent between entering and not entering the market.

Therefore, we need to set π1 = 0 and solve for FC.0 = -0.0083x1² + 4.167x1 - FCFC = -0.0083x1² + 4.167x1

Step 6: Find out the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market

To find the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market, we need to find the value of FC when the discriminant of the above equation is zero.

The discriminant is given by: b² - 4ac4.167² - 4(-0.0083)(0) = 17.36

Since the discriminant is positive, the lowest FC at which firm 1 does not have to engage in strategic entry deterrence in order to keep firm 2 out of the market is zero, i.e., FC = 0.

Know more about sequential Stackelberg competition here:

https://brainly.com/question/30034100

#SPJ11

The financial collapse of 1837 in the United States was a complex event with multiple factors contributing to it. However, some Whig leaders at the time blamed former President Andrew Jackson's policies for exacerbating the crisis.

Here are a few reasons why they held this view: Jackson's Bank War: Andrew Jackson vehemently opposed the Second Bank of the United States and vetoed the rechartering bill in 1832. His actions led to the withdrawal of federal funds from the bank and their placement in state-chartered banks, known as "pet banks." Critics argued that this destabilized the banking system and contributed to the financial panic.

Speculative Land Policies: During Jackson's presidency, there was a significant increase in land speculation, particularly in western territories. The government's lenient credit policies, including the issuance of "wildcat" banks and the distribution of federal land on credit, contributed to the speculative bubble. When the bubble burst, it had a ripple effect on the economy.

Lack of Regulation: Jackson's administration had a philosophy of limited government intervention in economic affairs. Critics argued that this laissez-faire approach contributed to the lack of oversight and regulation, allowing risky practices to flourish in the banking and business sectors.

It's important to note that these views were not universally held, and there were differing opinions on the causes of the financial collapse of 1837. Economic factors such as over-speculation, the decline in international trade, and the global economic downturn also played significant roles in the crisis.

Learn more about collapse here

https://brainly.com/question/32172577

#SPJ11

2.1) The document that is prepared by a company seeking to raise equity funds on the market is known as a prospectus.

2.2) According to the traditional approach of capital structure theory, increasing debt will result in a lower WACC (Weighted Average Cost of Capital).

A prospectus provides detailed information about the company, its financials, operations, and the offering of securities to potential investors.

This is because debt is typically cheaper than equity financing, and as the proportion of debt in the capital structure increases, the overall cost of capital decreases.

However, it's important to note that there are limits to this relationship, as excessive debt can increase the risk of financial distress and raise the cost of debt, eventually leading to higher WACC.

learn more about prospectus here

https://brainly.com/question/32672892

#SPJ11

(a) Equilibrium values of income, Y, and Y* in both economies are given by:Y = 2421.052 + 0.263Y* and Y* = 1784.104 - 0.263Y.

(b) The tax multiplier for each economy is calculated using the formula;1 / (1 - MPC x tax rate)The marginal propensity to consume (MPC) for the economy is 1 - MPC = 0.18The tax rate is 0.1Therefore, the tax multiplier for each economy is; 1 / (1 - MPC x tax rate) = 1 / (1 - 0.18 x 0.1) = 1.111

(c) The multiplier found above using the given values for the autonomous variables is different from the tax multiplier found in part (b) because the multiplier in part (b) takes into account the change in consumption due to taxes only, while the multiplier in part (c) takes into account the change in all autonomous variables. Since the tax multiplier is less than the multiplier found in part (a), this indicates that the change in all other variables combined has a net negative effect on output.

(d) Equilibrium values for government and trade deficits in each economy are given by:Home economy:G - T = -60.62X + 580.62Foreign economy:G* - T* = -60.62X* + 580.62Therefore, substituting the values given above we get:Home economy:500 - 0.1(2421.052) - 580.62(0.1) = -60.62(-0.1)(1784.104) + 580.62= 68.77Foreign economy:500 - 0.1(1784.104) - 580.62(0.1) = -60.62(-0.1)(2421.052) + 580.62= -291.24

The equilibrium value for government deficit in the home economy is 68.77 and the equilibrium value for government deficit in the foreign economy is -291.24.The equilibrium value for trade deficit in the home economy is -60.62(-0.1)(1784.104) + 580.62 = 68.77 and the equilibrium value for trade deficit in the foreign economy is -60.62(-0.1)(2421.052) + 580.62 = -291.24.

To learn more about tax :

https://brainly.com/question/2364368

#SPJ11

In approximately 46 years, you will have $100,000 in the account.

To calculate the number of years required to reach a specific amount in the savings account, we can use the formula for the future value of an ordinary annuity: n = log(FV / PMT) / log(1 + r), where n is the number of years, FV is the desired future value, PMT is the annual savings amount, and r is the annual interest rate.

In this case, the desired future value (FV) is $100,000, the annual savings amount (PMT) is $600, and the annual interest rate (r) is 7% (0.07).

Plugging in these values into the formula, we have: n = log($100,000 / $600) / log(1 + 0.07) ≈ 45.9.

Therefore, it will take approximately 46 years to accumulate $100,000 in the account.

To know more about annual savings amount, visit:

https://brainly.com/question/6028326

#SPJ11

1.

Liquidity Ratios Current Ratio = Total Current Assets / Total Current Liabilities= $52,000 / $25,000 = 2.08

Quick Ratio = (Cash + Marketable Securities + Accounts Receivable) / Total Current Liabilities= ($1,500 + $2,500 + $15,000) / $25,000= $19,000 / $25,000= 0.76 approximately

2.

Activity Ratios

a. Average Collection Period = Accounts Receivable / Average Daily Credit

Sales Accounts Receivable = $15,000

Average Daily Credit Sales = Sales on credit / Number of days in a year

Sales on Credit = $130,000

Average daily credit sales = $130,000 / 365 days = $356.16 approximately.

Average Collection Period = Accounts Receivable / Average Daily Credit Sales= $15,000 / $356.16= 42.1 days approximately.

b. Inventory Turnover = Cost of Goods Sold / Average Inventory

Cost of Goods Sold = $103,000

Average Inventory = (Beginning Inventory + Ending Inventory) / 2

Average Inventory = ($33,000 + $35,000) / 2 = $34,000

Inventory Turnover = Cost of Goods Sold / Average Inventory= $103,000 / $34,000= 3.03 approximately.

c. Fixed Asset Turnover = Sales / Net Fixed Assets= $130,000 / $35,000= 3.71 approximately.

d. Total Asset Turnover = Sales / Total Assets= $130,000 / $87,000= 1.49 approximately.

3. Financial Leverage Ratios

a. Debt Ratio = Total Liabilities / Total Assets= $47,000 / $87,000= 0.54 approximately.

b. Debt-to-Equity Ratio = Total Liabilities / Total Stockholder's Equity= $47,000 / $40,000= 1.18 approximately.

c. Times Interest Earned Ratio = Earnings before Interest and Taxes / Interest Expense= $11,000 / $3,000= 3.67 approximately.

4. Profitability Ratios

a. Gross Profit Margin = Gross Profit / Sales = $27,000 / $130,000= 0.21 or 21% approximately.

b. Net Profit Margin = Net Income / Sales = $8,000 / $130,000= 0.06 or 6% approximately.

c. Return on Investment = Net Income / Total Assets= $8,000 / $87,000= 0.09 or 9% approximately.

d. Return on Stockholder's Equity = Net Income / Total Stockholder's Equity= $8,000 / $40,000= 0.20 or 20% approximately.

5. Market-Based Ratios

a. Price-to-earnings Ratio = Market Price per Share / Earnings per Share (EPS)= $9.50 / $0.01= 950 approximately.

b. Market Price to Book Ratio = Market Price per Share / Book Value per Share= $9.50 / $8.00= 1.19 approximately.

6. Return on Stockholder's Equity Ratio as a Function of Net Profit Margin, Total Asset Turnover, and Equity Multiplier

ROE = Net Profit Margin * Total Asset Turnover * Equity Multiplier

ROE = Net Income / Sales * Sales / Total Assets * Total Assets / Total Stockholder's Equity= Net Income / Total Stockholder's Equity

Therefore, ROE = Return on Stockholder's Equity= 0.20 or 20% approximately.

To know more about Liquidity Ratios visit:

brainly.com/question/30992156

#SPJ11

(a) The contribution margin per unit can be calculated by subtracting the variable cost per unit from the selling price per unit: Contribution margin per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $165 - $132 = $33

(b) The contribution margin ratio can be calculated by dividing the contribution margin per unit by the selling price per unit and multiplying by 100 to express it as a percentag : Contribution margin ratio = (Contribution margin per unit / Selling price per unit) x 100

Contribution margin ratio = ($33 / $165) x 100 = 20%

(c) The break-even point in units can be calculated by dividing the fixed costs by the contribution margin per unit: Break-even point in units = Fixed costs / Contribution margin per unit

Break-even point in units = $498,300 / $33 = 15,100 units

(d) The break-even point in dollars of sales can be calculated by multiplying the break-even point in units by the selling price per unit:

Break-even point in dollars of sales = Break-even point in units x Selling price per unit

Break-even point in dollars of sales = 15,100 units x $165 = $2,496,150

Therefore: (a) Contribution margin per unit = $33

(b) Contribution margin ratio = 20%

(c) Break-even point in units = 15,100 units

(d) Break-even point in dollars of sales = $2,496,150

Learn more about selling here

https://brainly.com/question/29649674

#SPJ11

The internal rate of return (IRR) is the rate at which the present value of future cash flows equals the net initial investment of the project. The IRR of the project with a net investment of $14,600 and a single net cash flow of $25,750 in 5 years.

It can be calculated using the following formula:

PV = FV / (1 + i)n

Where, PV = present value of future cash flows

FV = future value of cash flows

i = internal rate of return

n = number of years of the investment

Now, the given cash flow occurs in 5 years, so n = 5.

Substituting the given values in the formula:

14600 = 25750 / (1 + i)5(1 + i)5 = 25750 / 14600(1 + i)5 = 1.7637

Taking the fifth root on both sides, we get:

1 + i = (1.7637)1/5 1 + i = 1.1227

i = 1.1227 - 1

i = 0.1227 or 12.27%

Therefore, the internal rate of return for the given project is 12.27%.

The internal rate of return (IRR) is one of the important financial metrics used in capital budgeting and project management. It is the rate at which the present value of future cash flows equals the net initial investment of the project. The IRR is a relative measure of the project's profitability and is expressed as a percentage per period. The higher the IRR, the more profitable the project.The IRR calculation is based on the net cash flows of the project over its entire life cycle. It considers the timing and size of cash flows and discounts them to their present value using a discount rate that makes the present value of cash inflows equal to the present value of cash outflows.The IRR is used to evaluate the feasibility of a project and to compare different investment opportunities.

If the IRR is greater than the required rate of return or the cost of capital, then the project is considered feasible and acceptable. If the IRR is less than the required rate of return or the cost of capital, then the project is rejected.In conclusion, the IRR for a project that has a net investment of $14,600 and a single net cash flow of $25,750 in 5 years is 12.27%. The IRR is an important metric used to evaluate the feasibility and profitability of a project and to make investment decisions.

To know more about IRR visit:

https://brainly.com/question/31393609

#SPJ11

The given graph of the function f(x) is shown below:Now, we are given a few queries to solve, let's solve them one by one.(a) Suppose that Newton's method is used to solve f(x) = 0, and that the initial value to = -2 is chosen.

Use the graph to find the approximate value of 21 (Show on the graph how you derived this).The formula of Newton's method is given as follows:$$x_{n+1}=x_n-\frac{f(x_n)}{f'(x_n)}$$Here, we are given to = -2. So, to find the approximate value of 21 we need to follow these steps:We need to find the tangent line at x = -2 from the graph of the given function. From the graph, the point is (-2, 18) which lies on the tangent line. The slope of the tangent line is f '(-2). Then, we can write the equation of the tangent line as follows:y - 18 = f'(-2)(x + 2)Now, we have to find the point where the tangent line crosses the x-axis. To find this point we have to make y = 0 in the above equation, then:0 - 18 = f'(-2)(x + 2)x + 2 = -18/f'(-2)x = -2 - 18/f'(-2)Now, we need to substitute the value of x into the formula of Newton's method to get the next term. That is,$$x_{n+1}=x_n-\frac{f(x_n)}{f'(x_n)}$$$$x_2 = x_1-\frac{f(x_1)}{f'(x_1)}$$where x1 = -2.So, $$x_2 = -2-\frac{f(-2)}{f'(-2)}$$$$x_2 = -2-\frac{18}{-5}$$$$x_2 = -2+3.6$$$$x_2 = 1.6$$Thus, the approximate value of 21 is 1.6 and this is derived on the graph as shown below:(b) If the initial value x1 = -6 is chosen, will the sequence 11, 12,..., Im... converge upon a root of f(x) = 0. If so, The formula of Newton's method is given as follows:$$x_{n+1}=x_n-\frac{f(x_n)}{f'(x_n)}$$Here, we are given x1 = -6. Let's find the next terms in the sequence to see if it converges to a root of f(x) = 0:$$x_2=x_1-\frac{f(x_1)}{f'(x_1)}$$$$x_2=-6-\frac{f(-6)}{f'(-6)}$$$$x_2=-6-\frac{30}{11}$$$$x_2=-6-2.73$$$$x_2=-8.73$$$$x_3=-8.73-\frac{f(-8.73)}{f'(-8.73)}$$$$x_3=-8.73-\frac{12}{5.59}$$$$x_3=-8.73-2.14$$$$x_3=-10.87$$$$x_4=-10.87-\frac{f(-10.87)}{f'(-10.87)}$$$$x_4=-10.87-\frac{5.84}{3.9}$$$$x_4=-10.87-1.5$$$$x_4=-12.37$$$$x_5=-12.37-\frac{f(-12.37)}{f'(-12.37)}$$$$x_5=-12.37-\frac{2.04}{1.26}$$$$x_5=-12.37-1.62$$$$x_5=-14.00$$Here, we can see that the sequence is moving away from the root instead of converging to it. Hence, the sequence does not converge to a root of f(x) = 0. Thus, there is no root for this case.(c) Give an example of a number which should NOT be chosen as the initial value to, for this problem.The initial value of the function is a very crucial aspect of the Newton-Raphson Method. It decides if we can converge to a solution or not. Let's consider the graph of the given function below:If we start our initial value at x = 2.8, then the Newton-Raphson Method will not converge as it diverges after the first iteration.

To know more about function , visit ;

https://brainly.com/question/11624077

#SPJ11

a) Suppose that Newton's method is used to solve f(x) = 0, and that the initial value to = -2 is chosen. To find the approximate value of 21, draw a tangent line to the graph at x = -2.

The point where the tangent line intersects the x-axis is the next approximation of the root. The approximate value of 21 is -0.5. Refer to the figure below for graphical representation. b) The sequence 11, 12 ,..., Im... will converge upon a root of f(x) = 0 if the initial value x1 = -6 is chosen. Using the graph, we can see that the root between x = -6 and x = -5 is -5. Therefore, the sequence converges to -5.c) -2 should not be chosen as the initial value to solve this problem since the tangent line at x = -2 is vertical. The derivative of f(x) at x = -2 is zero. The root cannot be found by Newton's method if the initial value is chosen at this point, since the tangent line will be vertical.

To get more information about Newton's method visit:

https://brainly.com/question/32581715

#SPJ11

The number of units of Part H required is 46 units.

A bill of materials (BOM) is a comprehensive list of raw materials, sub-assemblies, intermediate assemblies, sub-components, parts, and the quantities of each needed to manufacture an end product. A BOM may be utilized for communication between producing partners or confined to a single manufacturing plant. A bill of materials is also used to plan costs and control inventory. The bill of materials is typically named for the finished product it is utilized to create. Bill of Material for the given problem:BOMProduct P: A(3) B(2) F(3) G(3) G(2) H(4)Component A: F(2) G(2)Component B: G(2) H(2)Now, let us see the total number of units required to produce 23 units of finished product P.Product P: 23Units of A required to produce 23 units of P: 23 * 3 = 69Units of F required to produce 69 units of A: 69 * 2 = 138Units of G required to produce 69 units of A: 69 * 2 = 138Units of B required to produce 23 units of P: 23 * 2 = 46Units of G required to produce 46 units of B: 46 * 2 = 92Units of H required to produce 46 units of B: 46 * 2 = 92 Therefore, the number of units of Part H required is 46 units.

Learn more about units here :-

https://brainly.com/question/29674442

#SPJ11

The WAIS consists of separate verbal and performance subtests (option A).

The Wechsler Adult Intelligence Scale (WAIS) is a standardized psychological assessment that measures cognitive ability among adults. It was first published in 1955 and has undergone many revisions since then. The WAIS is designed to measure general intellectual functioning, as well as specific cognitive abilities such as verbal comprehension, perceptual reasoning, working memory, and processing speed.

It is widely used in clinical and research settings to assess intellectual functioning, diagnose learning disabilities, and evaluate cognitive strengths and weaknesses. The correct option is A.

For more about subtests:

https://brainly.com/question/31455213

#SPJ11

The statement that best describes a condition for the existence of a perfectly competitive market is firms produce a standardized product.

Perfect competition is a market structure in which there are many small firms that offer identical products, and there are no barriers to entry or exit for new firms. Each firm is a price-taker, meaning they must accept the market price, and none has significant market power or control over the price of the product.

Key Characteristics of Perfect Competition

The following are the essential features of perfect competition:

Homogeneous products: The products sold by the firms in the market are similar, if not identical, in every aspect. For instance, wheat or maize, which have similar characteristics, can be regarded as a homogeneous product.

Many small firms: There are numerous small firms operating in the market, each with a small market share. Since the firms are tiny, the price of their products has little influence on the overall market price. As a result, each of them must accept the market price, which is established by the overall market forces.

Free entry and exit: There are no restrictions on firms entering or leaving the market. When they want, new companies can enter the market, and existing ones can leave. As a result, the number of companies in the market is not constant.

Lack of market power: None of the firms has market power, which means that none of them can influence the market price. In other words, each firm is a price taker, which means it must accept the market price set by the market forces.

Summary: Firms that produce standardized products are the best description of the conditions necessary for perfect competition in the market.

To learn more about competitive market, visit:

https://brainly.com/question/28791935

#SPJ11

The declining birth rate refers to a decrease in the average number of children born per woman within a given population. This trend has been observed in many countries worldwide, particularly in developed nations, and has various implications for society, including the field of higher education.

a. Higher-education institutions generally have large fixed costs. These costs include infrastructure, buildings, maintenance, administrative staff, faculty salaries, and other ongoing expenses that are not directly dependent on the number of students enrolled. Variable costs for colleges and universities typically include instructional materials, student support services, utilities, and other costs that can vary based on the number of students.

b. In the short run, average total cost (ATC) can be described as relatively high due to the large fixed costs that higher-education institutions have. Fixed costs are spread over a smaller number of students when enrollments decline, resulting in a higher average cost per student.

c. If universities experience a decline in enrollments and are operating where short-run average total costs are minimized, the average cost per student of higher education would likely increase. This is because the fixed costs remain relatively constant, but with fewer students to share the costs, the burden of covering those costs falls on a smaller number of students. As a result, the average cost per student would rise, potentially making education more expensive for the remaining students. Universities may need to find ways to manage their costs and explore alternative sources of revenue to mitigate the impact of declining enrollments on average costs per student.

Here are some additional points related to the declining birth rate:

1. Decreased college-age population: With fewer children being born, there will be a decline in the number of individuals reaching college age. This reduction in the pool of potential students can have a significant impact on the overall enrollment numbers at colleges and universities.

2. Increased competition among institutions: As the number of college-aged individuals decreases, colleges and universities may face greater competition for a smaller pool of prospective students. Institutions may need to adapt their recruitment strategies to attract and retain students.

3. Financial implications: The decline in enrollments can have financial implications for higher-education institutions. With fewer students paying tuition fees, colleges and universities may experience reduced revenue, which could impact their budgets, operations, and ability to offer a wide range of programs and services.

4. Shifts in program offerings: In response to changing demographics, institutions may need to adjust their program offerings to align with the evolving needs and interests of the smaller college-age population. This could involve focusing on niche programs or areas with higher demand or modifying existing programs to attract a broader range of students.

5. Resource allocation: With a reduced number of students, colleges and universities may need to reevaluate resource allocation. This could include optimizing facility usage, adjusting faculty-student ratios, and finding ways to streamline operations to accommodate the smaller student population while maintaining educational quality.

6. Innovation and diversification: The declining birth rate can also serve as a catalyst for innovation and diversification within higher education. Institutions may explore alternative educational models, such as online learning, flexible scheduling, or partnerships with industry, to attract a wider range of students and adapt to changing demographic trends.

To know more about  Declining Birth Rate Impact: Costs visit:

https://brainly.com/question/14192397

#SPJ11

Prior to the pandemic, the Canadian labor market showed positive signs with an increase in employment and a decline in the unemployment rate. However, wage growth was slowing down. This can be explained using a labor market diagram, where the increase in employment represents a shift in the demand for labor, while the slowing wage growth can be attributed to factors such as changes in the nature of jobs, including the rise of gig, temporary, and contract positions.

a) In a labor market diagram, the increase in employment can be depicted as a rightward shift of the labor demand curve, resulting in higher employment levels and a lower unemployment rate. This shift can be driven by factors such as economic growth, increased demand for goods and services, or government policies stimulating job creation.

On the other hand, the slowdown in wage growth can be explained by a combination of factors. Despite the increase in employment, the supply of labor may have also increased, offsetting the upward pressure on wages. Additionally, other factors such as changes in labor market dynamics, productivity levels, or bargaining power of workers and unions can influence wage growth.

b) The changing nature of jobs, including the rise of gig, temporary, and contract positions, can contribute to a slowdown in wage growth. These types of jobs often come with lower job security, fewer benefits, and limited wage negotiation power for workers.

The increase in such positions can create a more flexible labor market where employers have a larger pool of available workers, reducing the bargaining power of individual workers.

As a result, employers may be able to offer lower wages or limited wage growth, knowing that workers in these positions may have fewer alternatives or bargaining leverage. The presence of more precarious employment options can constrain wage growth for the overall labor market, leading to the observed slowdown in wages despite improvements in employment levels.

Learn more about leverage here :

https://brainly.com/question/30469369

#SPJ11

A supply contract plays a significant role in establishing a clear understanding of the responsibilities and roles of the parties involved in the supply chain. Manufacturers must establish parameters for what is to be produced and in what quantity.

Here is how utilizing a supply contract aids both parties in terms of their roles/responsibilities involving the supply chain:1. Quantity:Manufacturers have to estimate the required amount of supplies to keep production running smoothly and in a timely manner. Supply contracts are beneficial as they help guarantee the agreed-upon quantities and help the manufacturer estimate how much of each resource is needed for production.2. Quality:Supply contracts aid the manufacturer in ensuring that the required materials and products meet certain standards of quality. The manufacturer also has the right to reject goods that do not meet the standards or requirements laid out in the supply contract.3. Timeframes:Supply contracts assist in keeping production processes on schedule, as both parties agree on the time frames for delivery and production.4. Delivery: Supply contracts can include details regarding how and when supplies will be delivered. As a result, supply contracts can assist the manufacturer in planning and organizing the receipt of necessary resources.5. Cost: Supply contracts often include details about pricing and payment schedules, which aid manufacturers in forecasting expenses and budgeting for required resources.Overall, supply contracts are a valuable tool for both manufacturers and suppliers, as they guarantee the quality, quantity, delivery, and cost of essential resources. It also helps both parties understand their roles and responsibilities in the supply chain.

To know more about supply contract visit:

https://brainly.com/question/32286979

#SPJ11

An ideal performance management system must be practical. This means that it must be workable, effective, realistic, and applicable to the organization and its employees. It should be able to align with the organization's goals, vision, and values. Also, it should take into consideration the company's unique culture and structure.

To be practical, the performance management system must be easy to understand, use, and maintain. It should not be too complicated that it becomes a burden to the employees or the management. It should have clear and concise objectives, expectations, and standards that are easily measurable and achievable. It should also be flexible enough to accommodate changes and adaptations as needed.It should be able to provide meaningful and relevant feedback to the employees that can help them improve their performance.

It should have regular and timely communication channels that allow employees to provide feedback, ask questions, and express concerns regarding their performance. It should also provide a platform for employees to set and achieve their goals and career development plans.In summary, a practical performance management system should be tailored to meet the specific needs of the organization and its employees. It should be simple, flexible, and effective, providing regular and constructive feedback and support to employees to achieve their goals and improve their performance.

To know more about performance management visit:

https://brainly.com/question/32587812

#SPJ11

Nike is involved in the consumer market. They offer a variety of sports footwear, clothing, equipment, accessories, and services, and they differentiate their products and services based on prices and options.

Nike operates in the consumer market, which refers to the market where goods and services are sold to individuals for their personal use. Nike's target customers are consumers who are interested in sports and athletic activities. They offer a wide range of products, including sports footwear, clothing, equipment, accessories, and services related to sports and fitness.

Nike differentiates its products and services by offering various options and price points to cater to different consumer preferences and budgets. They have a diverse product line that includes shoes for different sports, apparel for various athletic activities, and accessories like bags, socks, and sports equipment. Additionally, Nike provides services such as customization options, online shopping experiences, and customer support. By offering a wide variety of products and services and catering to the needs and preferences of individual consumers, Nike aims to capture a significant share of the consumer market and maintain its position as a leading sports brand globally.

Learn more about  consumer market here: https://brainly.com/question/13178664

#SPJ11

The task involves calculating the probabilities of different sales levels for oranges, given the average sale of 4,700 and a standard deviation of 500, assuming a normal distribution. The probabilities to be calculated are: (a) sales greater than 5,500 oranges, (b) sales greater than 4,500 oranges, (c) sales less than 4,900 oranges, and (d) sales less than 4,300 oranges.

(a) Probability of sales greater than 5,500 oranges:

To calculate this probability, we need to standardize the value using the z-score formula. The z-score is calculated as (X - mean) / standard deviation. Thus, for 5,500 oranges:

z = (5,500 - 4,700) / 500 = 0.8

Using a standard normal distribution table or a statistical calculator, we can find the probability associated with a z-score of 0.8. Let's assume the probability is P1.

(b) Probability of sales greater than 4,500 oranges:

Similarly, for 4,500 oranges:

z = (4,500 - 4,700) / 500 = -0.4

Using the same approach, we can find the probability associated with a z-score of -0.4. Let's assume the probability is P2.

(c) Probability of sales less than 4,900 oranges:

To calculate this probability, we can use the complement rule. Since the complement of "less than 4,900 oranges" is "greater than or equal to 4,900 oranges," we can subtract the probability of sales being greater than or equal to 4,900 from 1. Let's assume the probability of sales being greater than or equal to 4,900 is P3.

(d) Probability of sales less than 4,300 oranges:

Similar to (c), we can use the complement rule and subtract the probability of sales being greater than or equal to 4,300 from 1. Let's assume the probability of sales being greater than or equal to 4,300 is P4.

By calculating these probabilities, we can determine the likelihood of different sales levels for oranges, given the mean and standard deviation.

Learn more about oranges click here;

https://brainly.com/question/30947515

#SPJ11

Chapter 1:Personal selling is an effective method of communication with customers that can help solve the problem of information overload. Customers can get overwhelmed with the information and advertisements that are thrown at them daily.

Personal selling allows salespeople to communicate directly with customers, learn their specific needs and interests, and present information that is relevant to them. This can be especially useful in situations where customers need more detailed information or explanations that cannot be conveyed through other marketing channels, such as television ads or social media posts.

Chapter 2: Peddling or "pushing products" is inconsistent with the marketing concept because it focuses on sales volume and product features rather than customer needs and wants. The marketing concept is a customer-focused approach to business that aims to create products and services that meet the needs of customers. Salespeople who peddle products are more interested in making a sale than in understanding the customer's needs and providing them with the best possible solution.

Chapter 3: A salesperson's ethical sense must extend beyond the legal definition of what is right and wrong because the law only sets minimum standards of behavior. Salespeople have a responsibility to act ethically and in the best interest of their customers, even if it means going beyond what is legally required. Unethical sales techniques can damage a salesperson's reputation, harm their company's reputation, and ultimately lead to lost sales and customers. One example of salespeople using unethical techniques in recent years is the Wells Fargo scandal, where employees were opening fake accounts for customers without their knowledge or consent in order to meet sales targets. This was clearly unethical and illegal, and resulted in significant financial and reputational damage for the company.

To know more about Personal Selling visit-

brainly.com/question/30885359

#SPJ11

De Tocqueville's statement about Americans forming various associations highlights the significant impact of voluntary associations on American society.

De Tocqueville's observation emphasizes the propensity of Americans to come together and form associations for a wide range of purposes. These associations can be religious, moral, serious, or trivial, and can vary in size and scope. The impact of this phenomenon is multi-faceted.

Firstly, these associations contribute to the social fabric of American society by fostering a sense of belonging and community. They provide opportunities for individuals to connect with like-minded people, share common goals, and engage in collective action. This sense of belonging and social cohesion strengthens social bonds and enhances overall social capital.

Secondly, these associations play a crucial role in promoting civic engagement and democratic participation. By organizing around shared interests and concerns, individuals within associations develop skills in leadership, decision-making, and collaborative problem-solving. This active participation in voluntary associations contributes to the vitality of democracy and encourages citizens to actively engage in the political process.

Lastly, these associations address a wide range of needs and interests within the community. They provide platforms for advocacy, service delivery, cultural preservation, and the advancement of various causes. Whether it is a religious organization, a charitable group, a professional association, or a hobbyist club, these associations serve as important vehicles for collective action and societal change.

Learn more about voluntary associations, below:

https://brainly.com/question/29616500

#SPJ11

It is recommended to buy Firm A and Firm C, as their current market price per share is undervalued.

The details of the given problem are: A couple with secure jobs rent a house for $800 per week, and have been offered the chance to buy it for $1.4 million.

They have a $200,000 deposit, and their bank has agreed to lend the balance of the purchase price at 4.2 percent per annum interest with repayment of principal and interest over 25 years in equal monthly payments.

Using the Gordon dividend discount model, to value the firms is given below:

Firm A Firm B Firm C Latest dividend per share (D1) $ 1.60 $ 0.55 $ 2.00

Expected growth in dividend % PA (g) 3.00% 2.50% 6.00%

Risk-adjusted discount rate % PA (r) 12.00% 15.00% 11.00%

Current share price (P0) $ 16.10 $ 5.10 $ 35.00

The Gordon dividend discount model is given by:Po = (D1)/(r - g)

Where, Po = current market price per share

D1 = latest dividend per share

g = expected growth rate in dividend % PA

r = risk-adjusted discount rate % PA

(a) Firm A: The market price of the share can be determined by the given formula as follows:

Po = (D1)/(r - g) = ($1.6)/(12% - 3%) = $16

Thus, the current share price is undervalued at $16.10, so Firm A's share price should be purchased.

(b) Firm B: The market price of the share can be determined by the given formula as follows:

Po = (D1)/(r - g) = ($0.55)/(15% - 2.5%) = $5.5

Thus, the current share price is overvalued at $5.10, so Firm B's share price should not be purchased.

(c) Firm C: The market price of the share can be determined by the given formula as follows:

Po = (D1)/(r - g) = ($2)/(11% - 6%) = $40

Thus, the current share price is undervalued at $35.00, so Firm C's share price should be purchased.

Know more about the market price

https://brainly.com/question/30165908

#SPJ11