Answer:
the willingness of the examinee to disclose personal information overtly
0.
Imagine you invested $1000 at the beginning of the bull market in 1988 and got
out right before the dot-com bubble burst in 2000 causing a recession. How much would
your portfolio have been worth at that time?
Which of the following IS one of the factors that determine a company's credit rating?
A company's credit rating is affected by a number of factors, one of which is its debt-to-equity ratio.
What is the debt-to-equity ratio?The debt-to-equity ratio (also known as the "risk ratio," "gearing," or "debt-equity ratio") is a leverage ratio that determines how much overall debt and financial liabilities weigh against total shareholders' equity. The D/E Ratio employs total equity as a denominator as opposed to the debt-assets ratio, which uses total assets.
This ratio demonstrates how a company's capital structure is oriented either toward debt or equity financing. Debt-to-equity is 0.42 if, according to the balance sheet, a company has $50 million in total debt and $120 million in total equity. This indicates that the company has 42 cents in leverage for every $1 in equity. If the ratio were 1, investors and creditors would have an equal stake in the company's assets.
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mputing
What is an example of using quantum computing for sustainable practices?
Installing edge computing devices in common public places is an example of using quantum computing for sustainable practices. Thus, option (b) is correct.
What is sustainable?According to the term was the sustainable, means the reused of the idea, item, or object. The term sustainable to the idea of the reused in the appropriate manner. The sustainable are the reused to the object are the benefit of the future.
According to the sustainable practices, was the best installing the computing devices in common public places. The method to simplify the need to conveyance big packets of data. It is critical to results on a quick basis.
As a result, the significance of the sustainable are the aforementioned.
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Your question is incomplete, but most probably the full question was.
a) improving the efficiency of batteries on electric cars
b) installing edge computing devices in common public places
c) mining cryptocurrency using multiple connected computers
d) storing large computing servers in high-altitude conditions
Page 4. List four principles of insurance. (4mks)
Insurable Interest
The right to insure arising out of a financial relationship, between the insured to the insured and legally recognized.
Utmost good faith
An action to disclose accurately and completely, all facts material (material fact) about something that will be insured is requested or not. The meaning is: the insurer must honestly explain everything clearly about the extent of the terms / conditions of the insurer and the insured must also provide a clear and correct for objects or interests of the insured.
Proximate cause
is an active cause, efficient cause that chain of events that lead to a result without the intervention of the start and working actively from a new and independent.
Indemnity
One mechanism by which the insurer provides financial compensation to place the insured in a financial position that he had prior to the loss.
Ingersoll Rand operates as a manufacturer in four segments: Air Conditioning Systems and Services, Climate Control Technologies, Industrial Technologies, and Security Technologies. They installed an Oracle enterprise system, a supply chain system and a customer relationship management system. They boast the following results:
1. Decreased direct product costs by 11%
a.This likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
2. Increased labor productivity by 16%
a.This likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
3. Increased inventory turns by four times
a.this likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
4. Decreased order processing time by 90% and decreased implementation time by 40%
a.this likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
5. Ensured minimal business disruption
a.this likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
6. Streamlined three customer centers to one
a.This likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
b.This likely came about by efficiencies gained by the supply chain system.
c.This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
d.Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
1. Option a: This likely came about by efficiencies gained by the supply chain system and customer relationship management (by having the right product to the right customer).
2 Option b: This likely came about by efficiencies gained by the supply chain system.
3. Option a: This likely came about by efficiencies gained by a combination of the supply chain system and customer relationship management (by having the right product to the right customer).
4.Option c: This was likely caused by a combination of the implementation of supply chain management, customer relationship management and enterprise systems.
5 Option d: Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
6.Option d: Uncertain how this is tied to the implementation of supply chain management, customer relationship management and enterprise systems.
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Politicians often argue that more spending on their favorite programs create jobs. Which of the following increases the popularity of this strategy?
The perception that more spending on programs creates jobs is popular because it promises economic growth and improved employment opportunities.
The idea that government spending on programs creates jobs is popular because it appeals to people's desire for economic growth and improved employment opportunities. Politicians often argue that increased spending on infrastructure, education, healthcare, or other social programs will create jobs in those sectors, leading to a boost in economic activity. This argument resonates with voters who are concerned about job security and economic prosperity. However, some economists caution that increased government spending can also lead to inflation and higher taxes, which can have negative effects on the economy. Therefore, while the idea of government spending as a job-creator is popular, it remains a topic of debate among economists and policymakers.
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2. Yenework is a sole entrepreneur of Gold Jewelry producer. She produces Q bracelets per week at an average weekly cost of production equal to +1000. She employed her father as a manager of business at 2800birr 4900 Q per month and one skilled labor at 30birr per unit produced. Her cost of smithy construction was 4200birr and the company uses only 1 kg of 24 carat gold per week by purchasing at a market price of 6790birr.(4%) A. What is her weekly total cost function? B. What is her weekly TC if her company produces 7 bracelets per week? C. What is her weekly AC if her company produces 7 bracelets per week? D. What is her company's TFC of production? E. What is her company's AFC of production? F. What is her AVC if her company produces 7 bracelets per week? G. What is her company's weekly MC function? H. Graph her TC, TFC, AFC, AVC and MC cost functions.
Entrepreneur: “A person who starts a business and is willing to risk a loss to make money.”
What is the meaning of Entrepreneur?An entrepreneur is a person who has an idea and tries to develop a good product or service that others will purchase, together with a business to help them in their endeavor. An entrepreneur is seen as visionaries or an innovator since they take on the majority of the risk and responsibility for their new company.
A person who spots a need in the market and works to fill it is called an entrepreneur. The word has historically been used to describe a person who begins a business because they sense an economic opportunity in being able to meet a specified need.
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The accompanying histogram shows total gross earnings (in millions of dollars) of major release movies in a certain year. An industry publication reports that the average movie makes 41.7 million, but a watchdog group concerned with rising ticket prices says that the average earnings are 66.9 million. What statistic do you think each group is using? Explain.
A. The publication is using the median. The watchdog group is using the mean. The mean is pulled higher than the median by the several very successful movies in the long right tail.
B. The publication is using the median, The watchdog group is using the mean. The median is pulled lower than the mean by the small number of unsuccessful movies that have low gross earnings.
C. The publication is using the mean. The watchdog group is using the median. The median is pulled higher than the mean by the several very successful movies in the long right tail.
D. The publication is using the mean. The watchliog group is using the median. The mean is pulled lower than the median by the large number of unsuccessful movies that have low gross earnings. Total Gross Earnings (in millions of dollars) of Movies - X 40- 30- Frequency of Gross Earnings 20- 10- 0- 400 100 200 300 Gross Earnings (millions)
Option A is the most likely explanation for the difference in reported statistics.
Based on the information provided and the shape of the histogram, it seems that option A is the correct answer. The publication is likely using the median, while the watchdog group is using the mean.
The reason for this is that the histogram appears to be skewed to the right, with a long tail of very successful movies that earned much more than the majority of movies. This can pull the mean higher than the median, as the mean is more sensitive to extreme values.
The fact that the publication reports an average of 41.7 million suggests that they are using the median, as this is closer to the center of the distribution. Meanwhile, the watchdog group's average of 66.9 million is likely the mean, which is pulled higher by the very successful movies.
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Cena Company (CC) manufactures sporting equipment and it provided the following information for its most recent year of operations (all raw materials are used in production as direct materials):
Purchase of raw materials $ 45,000
Direct labor $ 53,000
Manufacturing overhead applied to work in process $ 68,000
Actual manufacturing overhead cost $ 68,000
Inventory balances at the beginning and the end of the year were as follows:
Beginning Ending
Raw materials $ 10,000 $ 22,500
Work in process $ 35,000 $ 69,000
Finished goods $ 0 $ 39,500
The company has asked you to explain the flow of costs within the Schedules of Cost of Goods Manufactured and Cost of Goods Sold to its senior management team. To aid your explanation, you have decided to create visualization that depicts the flow of these costs.
(Note that for all questions below you may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
1a. The conversion costs of $121,000 (shown in item 7) contain which of the following costs?
check all that apply 1
Direct labor + Manufacturing overhead applied to work in process
Direct materials used in production + Direct labor
Direct materials used in production + Manufacturing overhead applied to work in process
Raw material purchases + Manufacturing overhead applied to work in process
1b. Which of the following equations reflects the flow of costs within the three inventory accounts included in the schedules of cost of goods manufactured and cost of goods sold?
check all that apply 2
Beginning balance – Additions – Ending balance = Transferred out
Beginning balance + Additions – Ending balance = Transferred out
Beginning balance – Additions + Ending balance = Transferred out
Beginning balance + Additions + Ending balance = Transferred out
1c. Which of the following statements is true?
check all that apply 3
The cost of goods manufactured transfers out to cost of goods sold.
The cost of goods manufactured transfers out to raw materials inventory.
The cost of goods manufactured transfers out to finished goods inventory.
The cost of goods manufactured transfers out to work in process inventory.
1d. The total amount of product costs included in this visualization that would be recorded as an expense in the income statement would be:
check all that apply 4
$80,000
$32,500
$119,500
$199,500
1e. If the company’s actual manufacturing cost had been $70,000 instead of $68,000, what effect would it have had on the cost of goods manufactured (COGM)?
check all that apply 5
It would increase the beginning balance of work in process inventory by $2,000.
It would decrease the cost of goods manufactured (COGM) by $2,000.
It would increase the cost of goods manufactured (COGM) by $2,000.
It would have no effect on the cost of goods manufactured (COGM).
Answer:
1a. The conversion costs of $121,000 (shown in item 7) contain Direct labor + Manufacturing overhead applied to work in process.
1b. The equation that reflects the flow of costs within the three inventory accounts included in the schedules of cost of goods manufactured and cost of goods sold is Beginning balance + Additions - Ending balance = Transferred out.
1c. The statement that is true is The cost of goods manufactured transfers out to finished goods inventory.
1d. The total amount of product costs included in this visualization that would be recorded as an expense in the income statement would be $119,500.
1e. If the company’s actual manufacturing cost had been $70,000 instead of $68,000, it would increase the cost of goods manufactured (COGM) by $2,000.
Using the information in the chart below convert the amounts of money in one currency to ones shown below the chart. (Please note these values are random and are most likely not the relative values of current currency) 4 0.85
Type of Currency Relative Value compared to one South Africa Rand (R)
Brazil Real (R$) 0.85
Russia Ruble (₽) 0.15
U.S. Dollar ($) 0.85
Euro (€) 7.5
Switzerland Franc (CHF) 4
Nigeria Naira (₦) 0.3
55CHF =
R$
4$ =
₦
To convert the amounts of money to the desired currencies, we can use the relative values provided in the chart.
What is currency?A currency is a type of money that is widely accepted in a certain nation or area. It is a form of exchange that makes it possible to conduct transactions and facilitates the exchange of goods and services.
To convert to Brazilian Real (R$):
Multiply the amount in South Africa Rand by the relative value of Brazilian Real:
4 R * 0.85 = 3.4 R$
To convert to Russian Ruble (₽):
Multiply the amount in South Africa Rand by the relative value of Russian Ruble:
4 R * 0.15 = 0.6 ₽
To convert to U.S. Dollar ($):
Multiply the amount in South Africa Rand by the relative value of U.S. Dollar:
4 R * 0.85 = 3.4 $
To convert to Euro (€):
Multiply the amount in South Africa Rand by the relative value of Euro:
4 R * 7.5 = 30 €
To convert to Switzerland Franc (CHF):
Multiply the amount in South Africa Rand by the relative value of Switzerland Franc:
4 R * 4 = 16 CHF
To convert to Nigeria Naira (₦):
Multiply the amount in South Africa Rand by the relative value of Nigeria Naira:
4 R * 0.3 = 1.2 ₦
Thus, this can be the conversion asked.
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What was the 2012 net profit amount if the 2013 pro-forma net profit of $187,000 was based on a 22% increase?
the 2013 anti net profit was $187,000 if it was predicated on a 22% rise from the 2012 net income number. $123,279 was the year's net profit.
What do you call a net profit?The sum of a company's earnings after deducting all costs is its net profit, which is synonymous with net income. The costs of regular business operations, depreciation, and taxes are all deducted from the total expenses. A company's "bottom line," also known as net profit, is a frequent term that accurately describes how profitable a business is.
What's the profit equation?When a product's cost and selling price are known, the formula Profit ≈ Sell Price - Cost Pricing can be used to determine the product's profit. Following this, the formula for calculating profit percentage is: profit percentage Equals (profit/cost price) x 100.
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What is defined as a “take-home pay”?
A. Paystub
B. Net income
C. Salary
D. Wages
Answer:
B. Net income
Explanation:
"Take-home pay" refers to the amount of money that an individual receives after all deductions, such as taxes and contributions to social security or health insurance, have been taken out of their gross income. It is the amount of money that the individual actually takes home and has available to use for expenses and savings. "Take-home pay" is also sometimes referred to as "net pay" or "take-home salary." It is important to note that take-home pay is different from an individual's gross income, which is the total amount of money earned before any deductions are made.
Take-home pay can be defined as Net income. It is the amount of money left over after taxes, benefits, and voluntary contributions have been deducted from a paycheck. The correct option is a.
Take-home pay represents the net amount of income received after taxes, benefits, or voluntary contributions are deducted from a paycheck. It is the difference after subtracting all deductions from gross revenue. Federal, state, and municipal income taxes, Medicare and Social Security contributions, retirement plan contributions, and medical, dental, and other insurance premiums are all deductible. The employee receives the net amount, sometimes known as take-home pay.
The take-home pay is the net pay amount shown on a paycheck. Paychecks and pay statements detail the income earned within a specific pay period. Earnings and deductions are both listed on pay statements. Income tax, FICA, and Medicare tax withholdings are all examples of common deductions.
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Overview: The importance of compensation varies depending on the viewpoint, as stated by Barry Gerhart and Jerry Newman in Compensation. Society views compensation as a measure of justice; managers may view compensation as a major expense or a motivator; employees view compensation as an entitlement or as an incentive. Regardless of the viewpoint, fairness and equity are essential. Compensation must also be up-to-date, competitive in the market, and easy to understand. Aligned pay structures support the way the work gets done, fit the organization’s business strategy, and are fair to employees. Organizations typically task an in house human resource (HR) professional or hire an HR consultant to create and maintain the company’s pay structure. Prompt: In Milestone One, you will address the internal consistency component of a pay structure using the specially designed case scenario. Read the Final Project Case Study (linked to in your course) for detailed information on the requirements for this project. Specifically, you must address the critical elements listed below
c. Create job families for all the roles at the Rockville location. The families may be illustrated in a table or bullet format. List positions within each family based on the difficulty level. Provide a rationale for why jobs were assigned to the various families.
(in the final case study which is a url powerpoint presentation I cant attach, it says The positions needed for the new Rockville location fall into several different job families such as production, office support, and human resources.) hope the update helps.
Production Supervisor, Responsible for overseeing the production process, ensuring that all processes are running smoothly and efficiently.
Responsible for operating the production equipment, performing tasks to meet quality standards, and ensuring that production is meeting the company's goals. Responsible for operating and maintaining the production equipment and ensuring that it is running safely and efficiently. Responsible for inspecting products and ensuring that they meet the company's quality standards. Rationale, These jobs all require a knowledge of the production process, and the ability to operate and maintain production equipment. The Production Supervisor is responsible for overseeing the production process, while the Production Worker is responsible for operating the production equipment and meeting quality standards. The Machine Operator is responsible for operating and maintaining the production equipment, and the Quality Control Inspector is responsible for ensuring that the products meet the company's quality standards.
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An amusement park plans to add new rides to their property. First, they need to determine what kinds of new rides visitors want the park to build. In order to understand their visitors’ interests, the park develops a survey. They decide to distribute the survey near the roller coasters because the lines are long enough that visitors will have time to answer all of the questions. After collecting this survey data, they find that most of the respondents want more roller coasters at the park. They conclude that they should add more roller coasters, as most of their visitors prefer them.
This approach to survey design and analysis has some limitations. By only distributing the survey near roller coasters, the park may only be hearing from a particular type of visitor - those who are fans of roller coasters. As a result, their survey data may not be representative of the interests of all visitors to the park
What is the this approach to survey design and analysis?By only asking about roller coasters, the park may be missing out on potential opportunities to add other types of rides that visitors would also enjoy. For example, they may find that visitors are interested in water rides, dark rides, or other attractions that are not included in the survey.
In order to get a more accurate picture of visitor preferences, the park should consider conducting a more comprehensive survey that reaches a wider range of visitors, and asks about a variety of ride types. This could include distributing the survey at different locations throughout the park, or using online or mobile surveys that can reach a larger audience.
Hence, by taking these steps, the park can ensure that they are making data-driven decisions about ride additions, and that they are meeting the needs and interests of a diverse range of visitors.
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For each of the following scenarios, begin by assuming that all demand factors are set to their original values and Big Winner is charging $350 per room per night.
If average household income increases by 25%, from $40,000 to $50,000 per year, the quantity of rooms demanded at the Big Winner (FALLS/RISES) from _____ rooms per night to____ rooms per night. Therefore, the income elasticity of demand is (NEGATIVE/POSITIVE) , meaning that hotel rooms at the Big Winner are (AN INFERIOR GOOD/ A NORMAL GOOD) .
If the price of an airline ticket from SFO to LAS were to increase by 20%, from $250 to $300 roundtrip, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Big Winner (FALLS/RISES) from ____ rooms per night to ____ rooms per night. Because the cross-price elasticity of demand is (NEGATIVE/POSITIVE) , hotel rooms at the Big Winner and airline trips between SFO and LAS are (SUBSTITUTES/COMPLEMENTS) .
Big Winner is debating decreasing the price of its rooms to $325 per night. Under the initial demand conditions, you can see that this would cause its total revenue to (DECREASE/INCREASE) . Decreasing the price will always have this effect on revenue when Big Winner is operating on the (ELASTIC/INELASTIC) portion of its demand curve.
If typical household income grows by 25%, between $40,000 to $50,000 per year, the number of rooms requested at the Big Winner Skyrockets from ____ rooms per night to____ rooms per night.
Therefore, the income elasticity of demand is POSITIVE, meaning that hotel rooms at the Big Winner are A NORMAL GOOD. Explanation: An increase in average household income will increase the purchasing power of consumers, which may lead to increased demand for hotel rooms at the Big Winner. The positive income elasticity of demand suggests that hotel rooms at the Big Winner are a normal good, as consumers will demand more hotel rooms when their income increases. If the cost of a one-way plane ticket from SFO to LAS rises by 20%, from $250 to $300, but all other demand parameters stay constant, the number of rooms required at the Big Winner FALLS from ___ rooms per night to ___ rooms per night. Hotels at the Big Winner and plane tickets between SFO and LAS are COMPLEMENTS because of merge demand elasticity is NEGATIVE. Explanation: An increase in the price of airline tickets will make it more expensive for consumers to travel to SFO, which may decrease the demand for hotel rooms at the Big Winner. The inverse merge elasticity of demand implies that hotel rooms at the Big Winner and airline journeys between SFO and LAS are complementary, since a change in the cost of one commodity (airline tickets) affects want for the other (hotel rooms). Big Winner is considering lowering its accommodation rates to $325 per night. Under the original market dynamics, you observe that its total revenue would INCREASE. Since Big Winner is functioning on the ELASTIC section of its demand curve, lowering the price always has this effect on revenue. Explanation: When the price elasticity of demand is elastic, a decrease in price will lead to an increase in quantity demanded that is proportionately greater than the decrease in price, resulting in an increase in total revenue. Therefore, if Big Winner is operating on the elastic portion of its demand curve, a decrease in price will lead to an increase in total revenue.
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Take Quiz
Krespy Corp. has a cash balance of $7,500 before the following transactions
occur:
The balance in cash after these transactions are journalized and posted is: cash = $5,903. The Option C is correct.
How do we calculate the balance in cash after these transactions?Here's the calculation of the balance in cash after the transactions:
Particulars Amount
Initial cash balance: $7,500
+ Customer payments: $965
+ Services performed $212.50
(25% paid in cash): $850 x 25%
- Ad in the newspaper: $275
- Dividends distributed: $2,500
Final cash balance $4,367.50
So, the balance in cash after these transactions is $4,367.50.
Full question "Krespy Corp. has a cash balance of $7,500 before the following transactions occur:
received customer payments of $965
supplies purchased on account $435
services worth $850 performed, 25% is paid in cash the rest will be billed
corporation pays $275 for an ad in the newspaper
bill is received for electricity used $235.
dividends of $2,500 are distributed
What is the balance in cash after these transactions are journalized and posted?
Cash = $6,027 ($7,500 + $965 - $213 + $275 - $2,500 = $5,903)
Cash = $6,453 ($7,500 + $965 + $213 + $275 - $2,500 = $5,903)
Cash = $5,903 ($7,500 + $965 + $213 - $275 - $2,500 = $5,903)
Cash = $5,477 ($7,500 + $965 - $213 - $275 - $2,500 = $5,903)
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If Luke can bake bread at a lower opportunity cost than Jason, and Jason can produce paintings at a lower opportunity cost than Luke, it follows that
Luke has a comparative advantage in baking bread, and Jason has a comparative advantage in generating paintings .
If Luke can create bread at a lower opportunity cost than Jason and Jason can generate paintings at a lower opportunity cost than Jason.
Cost is the amount of money spent by a business to produce or create goods or services. It excludes the profit margin markup.
The cost of a thing or product is the sum of money used to manufacture it.
A producer's costs and income would break even if he sold his goods for the production price, which would prevent him from losing money on the transaction. He would not, however, turn a profit.
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Maple Enterprises sells a single product with a selling price of $75 and variable
costs per unit of $30. The company’s monthly fixed expenses are $22,500.
The company's break-even point is 500 units and $37,500 . In order to earn a profit of $45,000 Maple needs to sell 1500 units. Maple needs to have a sales of $112,500 to have the target profit of $45,000.
What is break-even point?In economics, business, and specifically cost accounting, the break-even point is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even," despite the fact that opportunity costs were incurred and capital received the risk-adjusted, expected return.
The calculations are shown below:-
Given,
Selling price= $75,
Variable costs per unit = $30, and
Monthly fixed expenses = $22,500.
a) Break-even point = Fixed cost ÷ Contribution margin
Break-even point= 22,500/ (75 - 30) = 500 units
b) Break-even point ( in dollars) = Fixed cost ÷ Contribution Margin
Break-even point = 22,500/(45/75 ) = $37,500
c) Contribution margin income statement:
Sales (75 × 900) 67,500
Variable cost (900 × 30) (27,000)
Contribution margin 40,500
Fixed costs (22,500)
Net operating income 18,000
d) The break-even point in units and dollars when profit is $45,000.
Break-even point= Fixed cost + Target profit ÷ Contribution Margin
= 67,500/45
= 1,500 units
e) Break-even point ( in dollars)
= Fixed cost + Target Profit ÷ Contribution Margin ratio
= 67,500/(45/75)
= $112,500
f) Contribution margin income statement:
Sales 150,000
Variable cost (2,000× 30) (60,000)
Contribution margin 90,000
Fixed costs (22,500)
Net operating income 67,500
Therefore, all the required information for Maple Enterprise is calculated above.
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Your question is incomplete, but most probably the full question was,
Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500.
What is the company's break-even point in units?
What is the company's break-even point in dollars?
Construct a contribution margin income statement for the month of September when they will sell 900 units.
How many units will Maple need to sell in order to reach a target profit of $45,000?
What dollar sales will Maple need in order to reach a target profit of $45,000?
Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
I will give brainliest and ratings if you get this correct
a. The profit-maximizing level of price is 7.5, and the profit-maximizing level of output is 4.5.
b. The maximum profit of the firm at an equilibrium price level is 20.25.
How to calculate the valuea. Setting the derivative of profit with respect to quantity equal to zero, we find the optimal level of output:
d((P(Q) * Q) - 3Q) / dQ = 0
=> d(12Q - Q^2 - 3Q) / dQ = 0
=> 12 - 2Q - 3 = 0
=> Q = (12 - 3) / 2 = 4.5
With this level of output, the profit-maximizing level of price can be found using the inverse demand function:
P(Q) = 12 - Q
=> P(4.5) = 12 - 4.5 = 7.5
So, the profit-maximizing level of price is 7.5, and the profit-maximizing level of output is 4.5.
B. The maximum profit can be found by substituting the profit-maximizing level of price and output into the profit equation:
Profit = (P(Q) * Q) - (Q)
=> Profit = (7.5 * 4.5) - 3 * 4.5
=> Profit = 33.75 - 13.5
=> Profit = 20.25
So, the maximum profit of the firm at an equilibrium price level is 20.25.
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I will give brainliest and ratings if you get this correct
The profit-maximizing price is P = 7.5.
The maximum profit of the firm at the equilibrium price level is $20.25.
What is the monopolist about?A. To find the profit-maximizing level of output, we need to equate the marginal cost (MC) to the marginal revenue (MR), which is also the inverse demand function.
MC = 3
MR = P' (Q) = 12 - 2Q
Equating MC and MR:
3 = 12 - 2Q
2Q = 9
Q = 4.5
Therefore, the profit-maximizing level of output is Q = 4.5 units.
To find the corresponding price, we can use the inverse demand function:
P = 12 - Q = 12 - 4.5 = 7.5
Therefore, the profit-maximizing price is P = 7.5.
B. To find the maximum profit, we need to calculate the total revenue and total cost at the profit-maximizing level of output.
Total revenue = price x quantity = 7.5 x 4.5 = 33.75
Total cost = 3 x 4.5 = 13.5
Profit = total revenue - total cost = 33.75 - 13.5 = 20.25
Therefore, the maximum profit of the firm at the equilibrium price level is $20.25.
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5. The total cost function of a monopolist is (Q) = 3Q. The inverse demand function for the monopolist's products is P (Q) = 12 - Q.
A. find the profit-maximizing level of price and output
B. Find the maximum profit of the firm at an equilibrium price level.
When the elasticity of demand for a product is __________ the elasticity of supply, consumers pay __________ of the tax on the product.
a)smaller than, very little
b)larger than, the majority
c)smaller than, the majority
When the elasticity of demand for a product is smaller than the elasticity of supply, consumers pay the majority of the tax on the product.
This is due to the fact that when demand for a commodity is highly inelastic, a change in price (such as the imposition of a tax) has little effect on the quantity desired by consumers. In this instance, producers can shift the majority of the tax burden to consumers by raising the product's price.
Conversely, if demand for a product is relatively elastic, consumers are more sensitive to price changes, and a price increase due to a tax may drastically lower the quantity demanded. In this instance, manufacturers may be unable to pass on the full tax burden to consumers, and may wind up suffering a greater share of the burden themselves.
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Which of the following statements about managing the task of implementing and executing strategy is false?
a. Managing the implementation and execution of strategy is an operations-oriented make- things happen activity aimed at performing core business activities in a strategy-supportive manner.
b. Management's handling of the strategy implementation and execution process can be considered successful if the company's net profits are higher after the process is completed than they were before the process began.
c. Initiatives to put the strategy in place and execute it proficiently must be launched and managed on many organizational fronts.
d. Good strategy execution requires diligent pursuit of operating excellence.
e. Managing the implementation and execution of strategy is easily the most demanding and time-consuming part of the strategy management process.
Previous question
B. Management's handling of the strategy implementation and execution process can be considered successful if the company's net profits are higher after the process is completed than they were before the process began is a false statement.
While net profits are an important measure of success, they are not the only measure. Success in managing the implementation and execution of strategy can also be evaluated based on the achievement of other strategic goals, such as market share growth, customer satisfaction, or employee engagement.
While financial performance is a crucial metric for assessing the success of a company, it's important to recognize that it's only one aspect of performance.
Achieving high financial performance could involve cutting costs, reducing investment in long-term growth opportunities, or compromising on other non-financial goals. Therefore, a singular focus on financial outcomes can lead to suboptimal decision-making.
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It is possible through trade for a country to consume a combination of goods that lies beyond its production possibilities frontier. True or False.
The mention statement is True. Production is the process of combining multiple inputs, both material and intangible (such as plans or information) (such as metal, wood, glass, or polymers).
This output would be a valuable or high-quality good or service in an ideal world. [1] The area of economics that focuses on production is known as production theory; it is closely related to consumption theory, also referred to as consumer theory. An efficient utilisation of the initial inputs results in the production process and output (or factors of production). Land, labour, and capital—the three basic production factors—are the primary producers of goods and services. These essential inputs are not significantly altered by the output approach,
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(12p)Suppose at Columbia University, grade point average (GPA) and SAT scores are related by the conditional expectation E(GPA∣SAT)=.90+.001SAT.
(a) (4p) Find the expected GPA when SAT =1600.
(b) (4p) Find E(GPA∣SAT=2200)
(c) (4p) If the average SAT in the university is 2000 , what is the average GPA?
Columbia a) Expected value of GPA given that SAT = 1600 is computed as:E(GPA) = E(E(GPA | SAT )) = 0.9 + 0.001*1600 = 2.5,Therefore the expected GPA here is 2.5 b) E(GPA | SAT = 2200) = 0.9 + 0.001*2200 = 3.1
Therefore the expected GPA here is 3.1c) If the average SAT in the university is 2000, the average GPA is computed as:E(GPA) is computed as:E( E ( GPA | SAT) )= E ( 0.9 + 0.001 SAT)= 0.9 + 0.001E(SAT)= 0.9 + 0.001*2000= 2.9 Therefore the expected GPA or the average GPA here is 2.9 King's College was established in Manhattan's Trinity Church grounds in 1754. One of nine colonial colleges founded before the Declaration of Independence, it is a member of the Ivy League. Columbia is one of the most esteemed universities in the world. Columbia University, usually known as Columbia, is a private Ivy League research university located in New York City. Columbia University is officially recognised as Columbia University in the City of New York.
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. Hadeer analyzed data and found that explicitly teaching reading strategies improves students’ performance on standardized tests. In this study, explicit teaching of reading strategies is a. An independent variable b. A dependent variable c. A mediating variable d. A moderating variable
Answer:
d
Explanation:
I'm 99.9% sure it's D, as thats the only one that makes sense
Barnes books allows for possible bad debts. On may 7, barnes writes off a customer account of $7,000. On september 9, the customer unexpectedly pays the $7,000 balance.
The graphic below shows the details of the cash collection on September 9 that had been noted as a bad debt.
The organised record of every accounting transaction is a journal entry. It is the initial phase of accounting transaction recording. It displays every transaction that was done throughout the accounting period. Barnes Books allows for later-recoverable bad debts in the scenario described. On May 7, the business deducts a customer account. The client unintentionally settles the $7,000 amount on September 9. The figure below then shows the journal entry for receiving the bad debts amount on September 9. The graphic below is a record of the cash collected on September 9.
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A data scientist is writing a Machine Learning algorithm using a large data set. What is produced when the data scientist compiles the code?
When a data scientist compiles the code for a Machine Learning algorithm using a large data set, the result is a trained model.
This model can then be used to make predictions or classifications based on new data. The process of compiling the code involves using the algorithm and the large data set to create a model that can accurately predict or classify new data. Once the code is compiled and the model is created, the data scientist can use the model to make predictions or classifications on new data.
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Human Resouces
Workplace incident assignment
Choose a recent article addressing a serious workplace accident resulting in injury and/or death. Read and outline the article based on health and safety violations. Provide suggestions of what, if anything, could have been done to either minimize or eliminate the injury or death.
Examples of workplace incidents include: An accident. An injury. An illness
Top 5 most common workplace injuries and how to avoid them.
Trips, Slips And FallsBeing Struck By Or Caught In Moving MachineryVehicle Related AccidentsFire And ExplosionsRepetitive Stress and Overexertion InjuriesSome of the most common types of workplace accidents and injuries that occur in office include: Trips over wires. Repetitive motion injuries. Slip and fall
Another approach would be to have four types: Accident, Notifiable Accident, Incident and Notifiable Incident.
A Type 2 incident may require response of resources out of area, including regional and/or national resources, to effectively manage operations, command, and general staffing.
▪ Most or all of Command and General Staff positions are filled.
▪ A written IAP is the required for each operational period.
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Edinaman Company (Edinaman) currently processes seafood with a unit purchased several years go. The unit which originally cost $500,000, currently has a book value of $250,000. Edinaman is considering replacing the existing unit with a newer, more efficient one. The new unit will cost $700,000 and will require additional $50,000 for delivery and installation and require Edinaman to increase initial net working capital (NWC) by $40,000. The new unit will be depreciated on a straight line basis over 5 years to zero balance. Edinaman expects to sell the existing unit for $275,000. Edinaman’s marginal tax rate is 40%.If Edinaman purchases the new unit, its annual revenues are expected to increase by $100,000 (due to increased processing capacity) and its annual operating costs are expected to decrease by $20,000. Annual revenues and operating costs are expected to remain constant at this new level over the 5-year life of the project. After 5 years, the new unit will be completely depreciated and expected to be sold for $70,000.
Calculate Edinaman’s Payback period and Profitability Index of the project.
What is Edinaman’s NPV? Should the project be accepted or reject?
Assuming Edinaman own’s 80 percent of the company; how does the net present value (NPV) decision rule relate to the primary goal of financial management, which is creating wealth for Edinaman?
According to the net present value rule, business executives and investors should only finance initiatives or enter into contracts that have a net present value that is in their favor (NPV).
What is net present value?The net present value hypothesis states that a company's earnings should logically increase as a result of investing in anything with a net present value greater than zero.
When an investor makes an investment, the shareholder's wealth should rise as a result. Companies may also take part in initiatives with neutral NPV if they are linked to future immeasurable intangible benefits or if they allow for continuous investments.
The net present value rule is generally followed by businesses, although there are several situations where it is not relevant.
For instance, a business with serious debt problems can decide not to start or delay a project with a favorable NPV. While rerouting cash to address a very urgent debt crisis, the corporation may choose to go in the opposite way.
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When Katso Corporation produces 35 units of output, its average variable cost is P5. The marginal cost of the 36th unit of output is P7. If the firm choose to produce the 36th unit of output, what will happen to average variable cost? Explain.
If the firm choose to produce the 36th unit of output, its variable cost will increase.
What is a variable cost?A variable cost is a business expense that varies according to how much a company produces or sells. Variable costs rise or fall in relation to a company's production or sales volume, rising as production increases and falling as production decreases.
Variable costs will rise as the volume of production and output rises. When fewer products are produced, the variable costs associated with production fall as a result.
Therefore, the variable cost of Katso Corporation will be above P5 when it produces the 36th unit of output.
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