Management accounting is both a field that supports financial reporting and an endeavor to expand beyond this specific area.
Board book-keeping centers around the stewardship or execution parts of the executive's activities while monetary bookkeeping centers around the speculative uses of data.
Financial accounting is the collection of accounting data to produce financial statements, whereas managerial accounting is the internal processing used to account for business transactions. This is the difference between financial and managerial accounting.
The executive's bookkeeping assists directors inside an organization with simply deciding. Management accounting is the process of locating, evaluating, interpreting, and conveying information to managers in order to support the achievement of business objectives. It is also referred to as cost accounting.
To know more about Management Accounting,
brainly.com/question/3815117
#SPJ4
We assume that the demand for a good X as a function of price p and income m is modeled by the function D = f(p,m) = m2e−p a)find fp′ (2, 1, ) and fm′ (2, 1). Interpret your results. b) Calculate the second partial derivatives of f and deduce the Hessian matrix at point (2, 1). 2. a)Calculate ElmD and deduce the nature of good Xa. (ElmD is the partial elasticity of D in function of m) (X is a "necessary good" if the income elasticity of demand ElmD is between 0 and 1 (0 < ElmD < 1). X is a "luxury good" if the income elasticity of demand ElmD is greater than 1 (ElmD > 1). Finally, X is an "inferior good" if the income elasticity of demand ElmD is less than 0 (ElmD < 0).) b)How does the proportion pD/m of income devoted to good X vary with income m. 3.We assume that price p and revenue m depend on time t such that the demand can be written as a function of the single variable t, D(t) = f (p(t), m(t)) a)Express D′/D as a function of p′/p and m′/m. b)Simplify the result found in a. if p(t) = p0αt and m(t) = m0βt, with α > 1 and β > 1. 4.We suppose that the composite functions p and m depend on two basic variables t and s. Compute ∂D/∂t and ∂D/∂s if p(s, t) = t ln(s + 1) and m(s, t) = (st + 1)2 5.We assume that the supply S of good X depends only on price according to the equation S = g(p) = 3p2 + 10. The market equilibrium of good X implies that m2e−p = 3p2 + 10. We suppose that this equation implicitly defines p as a function of m and we write p = p(m). Calculate p′(m) = dp/dm and discuss its sign. 6.In this question we assume that the system (1) implicitly defines p and m as functions of t and s in the neighborhood of (p,m,t,s) = (0,4,0,1). (1) mp=tln(s+2) m+p = (st+2)2 a)Give the values of p(0, 1) and m(0, 1)? b)Calculate ∂p/∂t, ∂p/∂s, ∂m/∂t and ∂m/∂s in (0, 1) using the differential. c)If t = 0 increases by 0.01 and s = 1 decreases by 0.02, approximately what is the new value of p? (Ind.: We must give an approximation of p(0 + 0.01; 1 − 0.02)).
The partial derivatives and elasticity measures can be calculated to analyze the demand function and its properties.
How to find the partial derivatives and elasticity measures for the demand function?To calculate the partial derivatives, we differentiate the demand function with respect to the corresponding variables.
In this case, we need to find the partial derivative with respect to price (fp′) and income (fm′) at the given values (2, 1).
These derivatives will provide insights into how changes in price and income affect the demand for the good.
The interpretation of fp′ (2, 1) would indicate the sensitivity of the demand to changes in price when the price is 2 and the income is 1.
Similarly, fm′ (2, 1) would indicate the sensitivity of the demand to changes in income at the same price and income levels.
The second partial derivatives of the function can be calculated to deduce the Hessian matrix, which provides information about the curvature of the demand function and helps determine whether it represents a maximum, minimum, or a saddle point.
To calculate the partial elasticity of demand (ElmD), we need to derive the expression for ElmD and evaluate it at the given values.
ElmD measures the responsiveness of demand to changes in income and helps classify the good as necessary, luxury, or inferior based on the magnitude and direction of ElmD.
The proportion pD/m of income devoted to good X can be analyzed by examining the relationship between price and income.
By studying how changes in income impact the proportion of income spent on the good, we can gain insights into the affordability and consumption pattern of the good as income varies.
Learn more about partial derivatives
brainly.com/question/28751547
#SPJ11
how does Opportunity International Bank of Malawi (OIBM) solve the high cost of branch banking? O a. Bank trucks, government tax offices, medical offices, and mobile phones O b. Bank trucks, post offices, agrodealers, and mobile phones O c. Post offices, village leaders, utility companies, and mobile phones O d. None of theese
Opportunity International Bank of Malawi (OIBM) solve the high cost of branch banking through bank trucks, post offices, agro dealers, and mobile phones
Opportunity International Bank of Malawi (OIBM) uses alternative strategies to reach underserved areas in order to address the high cost of branch banking. They use bank trucks to bring banking services to isolated areas, removing the need for people to travel far distances in order to access financial services. They also collaborate with post offices to offer customers fundamental banking services while utilizing the existing infrastructure.
Agrodealers who collaborate closely with farmers, serve as banking intermediaries in rural areas, facilitating transactions and offering financial services. Finally OIBM offers mobile banking services using mobile phone technology making it convenient for customers to conduct transactions and access banking services. The high cost of establishing conventional brick and mortar branches in outlying areas is mitigated by these alternative channels.
Learn more about mobile banking at:
brainly.com/question/2772610
#SPJ4
Suppose you take out a car loan that requires you to pay $7,000 now, $3,000 at the end of year 1, and $7,000 at the end of year 2. The interest rate is 3% now and increases to 9% in the next year. What is the present value of the payments?
Enter your response below rounded to 2 decimal places.
Answer: To calculate the present value of the payments, we need to discount each payment back to the present using the appropriate interest rate for each period.
Explanation:
Let's calculate the present value of each payment:
Payment 1: $7,000 (now)
Discounted at 3%: $7,000 / (1 + 0.03)^0 = $7,000
Payment 2: $3,000 (end of year 1)
Discounted at 9%: $3,000 / (1 + 0.09)^1 ≈ $2,752.29
Payment 3: $7,000 (end of year 2)
Discounted at 9%: $7,000 / (1 + 0.09)^2 ≈ $5,747.13
Now, let's calculate the present value of all the payments by summing up the individual present values:
Present Value = $7,000 + $2,752.29 + $5,747.13 ≈ $15,499.42
Therefore, the present value of the payments is approximately $15,499.42.
Learn more about the present value of the payments here:
brainly.com/question/17380388
#SPJ11
"Which of the following defines the short run? a. less than a year b. when all inputs are fixed c. when no inputs are variable d. when only one input is variable J e. when at least one input is fixed
When at least one input is fixed defines the short run. The correct answer is option (e).
The short run refers to a time period in which at least one input in the production process is fixed and cannot be easily changed. This means that some factors of production, such as physical capital or certain types of labor, remain constant during the short run.
In contrast, in the long run, all inputs can be adjusted and varied to accommodate changes in production. Therefore, option (e) correctly defines the short run by stating that at least one input is fixed, indicating a limited flexibility in adjusting production factors within a specific time frame.
The correct answer is option (e).
To know more about short run, click here.
https://brainly.com/question/30392438
#SPJ4
Twilight Corp. desired to raise cash to fund its expansion by issuing long-term bonds. The corporation hired an investment banker to manage the issue (best efforts underwriting) and also hired the services of a lawyer, an audit firm, etc. On June 1, 2022. Twilight sold $ 500,000 in long- term bonds. The bonds will mature in 10 years and have a stated interest rate of 8%. Other bonds that Twilight has issued with identical terms are traded based on a market rate of 10%. The bonds pay interest semi-annually on May 31 and November 30. The bonds are to be accounted for using the effective-interest method. On June 1, 2024. Twilight decided to retire 20% of the bonds. At that time the bonds were selling at 98 Required: 1. Determine the present value of the bond and provide the journal entry to record the issue of the bond on June 1, 2022. (4 marks) 2. Prepare all the entries after the issue of the bond until the partial retirement of the bonds on June 1, 2024 (8 marks) 3. What is the carrying value of the bond, as it would appear on the balance sheet, at December 31, 20237 (2 marks)
The key actions include issuing long-term bonds, calculating present value, making journal entries for bond issue, interest payments, amortization, and recording the partial retirement.
What are the key actions and financial entries involved in Twilight Corp.'s bond issuance?In the given scenario, Twilight Corp. issued $500,000 in long-term bonds on June 1, 2022. The bonds have a maturity of 10 years, a stated interest rate of 8%, and are accounted for using the effective-interest method. On June 1, 2024, Twilight decided to retire 20% of the bonds, which were selling at 98 at that time. The required explanations are as follows:
1. To determine the present value of the bond and record the bond issue on June 1, 2022, the present value of the bond's future cash flows needs to be calculated based on the market rate of 10%. The journal entry will include a debit to Cash for the present value amount and a credit to Bonds Payable for the face value of the bonds.
2. After the bond issue, various entries will be made for interest payments, amortization of bond discount or premium, and the retirement of 20% of the bonds on June 1, 2024. These entries will involve debits and credits to Cash, Interest Expense, Bond Discount or Premium, and Bonds Payable.
3. The carrying value of the bond on the balance sheet at December 31, 2037, would be the remaining balance of the Bonds Payable account after considering the accumulated amortization of bond discount or premium and any further retirements or payments made.'
Learn more about key actions
brainly.com/question/30340914
#SPJ11
An increase in money supply will lead to which of the following chain of events? As money supply increases, the rate of interest decreases, and the investment will increase. As money supply increases, the rate of interest increases, and the investment will decrease. O As money supply increases, the rate of interest decreases, and the investment will decrease. O As money supply increases, the rate of interest increases, and the investment will increase.
As money supply increases, the rate of interest increases, and the investment will increase supply will lead to increase in money supply. The money supply is the amount of all the currency and other liquid assets in a country's economy at the time the money supply is calculated.
The money supply comprises all cash in circulation as well as all bank deposits that may be readily converted to cash by the account holder. M1, M2, and M3 are the money aggregates, or measures of the US money supply. M1 covers money in circulation as well as bank checkable deposits. M2 is made up of M1 plus savings deposits (under $100,000) and money market mutual funds. M3 is made up of M2 and significant time deposits in banks.
To learn more about amount, click here.
https://brainly.com/question/32453941
#SPJ4
The Net Absorption metric measures the supply and demand in the commercial real estate market, i.e. the net change in tenant demand.
The given statement, "The Net Absorption metric measures the supply and demand in the commercial real estate market, i.e. the net change in tenant demand." is true. It is also in relation to the market's available supply.
Net absorption is the difference in leased space in a particular business sector or location between the current and prior time periods. Net absorption is the difference between the amount of commercial space that businesses or tenants vacate in a specific amount of time and the amount of space that they or other businesses in a comparable industry occupy in the same commercial space.
Net absorption is a crucial measure for analyzing supply and demand variations in a commercial market. The entire quantity of space absorbed or filled in a certain market during a specific time period is what is largely taken into account by gross absorption.
Learn more about Real Estate here:
https://brainly.com/question/1155381
#SPJ4
The complete question is, "The Net Absorption metric measures the supply and demand in the commercial real estate market, i.e. the net change in tenant demand. True or False"
Monopolistic competition is a market structure that combines monopoly and competitive market elements. A monopolistic competitive market has freedom of entry and exit, but firms can differentiate their products. Therefore, they have an inelastic demand curve to set prices. However, because there is freedom of entry, supernormal profits will encourage more firms to enter the market, leading to regular earnings in the long term. One example of monopolistic competition is fast foods like Mcdonald's or Burger King. The fast-food chains compete on the quality of food as much as price. Product differentiation is a crucial element of the business. There are relatively low barriers to entry in setting up a new restaurant. Both companies also distinguish their goods from others by making their product physically different in style from their competitors. McDonald’s’ iconic ‘Big Mac’ compared to Burger King's ‘Whopper,’ both are similar to each other in so far as they’re burgers but differ in their contents. Each is easily recognizable from the other and is associated with the fast-food chain that produces it. Each firm continues to push its international presence, although with mixed results. One reason is culture. Many Europeans, for instance, consider fast food to be a quintessentially American tradition. Food menus for Burger King and McDonald's sometimes struggle to appeal to foreign consumers, leaving international markets underdeveloped, particularly in the Asia-Pacific region. The fast-food market is quite competitive, yet each firm has a monopoly on its product. Some customers prefer McDonald’s over Burger King or other brands. These preferences give monopolistically competitive firms market power, which they can exploit to earn positive economic profits.
Post a quality response and post additional thoughts and/or questions
Fast-food chains can strike a balance by offering a variety of menu options that cater to evolving consumer demands for healthier food while still maintaining their core product differentiation.
To strike a balance between product differentiation and catering to evolving consumer demands for healthier options, fast-food chains like McDonald's and Burger King can introduce a diverse range of menu items that include healthier alternatives alongside their traditional offerings. This allows them to meet the changing preferences of health-conscious consumers while still maintaining their unique brand identity and product differentiation.
By incorporating items like salads, grilled options, vegetarian choices, and healthier ingredient alternatives, they can appeal to a broader customer base and adapt to shifting consumer trends without compromising their brand image or core menu offerings. This approach enables them to provide options for both health-conscious customers and those who prefer their classic fast-food items, ensuring a balanced and inclusive menu.
To know more about consumer, here
https://brainly.com/question/27773546
#SPJ4
--The complete question is, How can fast-food chains like McDonald's and Burger King strike a balance between product differentiation and catering to evolving consumer demands for healthier food options?--
For each of the following scenarios, find the present value of $500 to be paid at the end of 40 months. Apply the simple-interest method for the remaining fraction of the conversion period if necessary. Round your answer to the nearest cent. [5] (i) The nominal discount rate is 8% compounded every 3 months. (ii) The nominal interest rate is 4% compounded every 4 months. [5]
(i) To find the present value using the simple-interest method with a nominal discount rate of 8% compounded every 3 months.
We need to calculate the present value for each compounding period and sum them up.
Present Value = Future Value / (1 + (Nominal Discount Rate * Time))
Present Value for each compounding period = $500 / (1 + (0.08 * (3/12)))
Calculating the present value for each compounding period and summing them up, we get:
Present Value = (Present Value for period 1) + (Present Value for period 2) + ... + (Present Value for period 13)
(ii) Similarly, to find the present value using the simple-interest method with a nominal interest rate of 4% compounded every 4 months, we follow the same approach as in the previous scenario.
Present Value for each compounding period = $500 / (1 + (0.04 * (4/12)))
Calculating the present value for each compounding period and summing them up, we obtain:
Present Value = (Present Value for period 1) + (Present Value for period 2) + ... + (Present Value for period 10)
Learn more about present value calculations here:
https://brainly.com/question/30765838
#SPJ11
Which of the following statements is the most accurate/complete explanation for the theoretical assertion that optimizing economic agents will use real instead of nominal interest rates in making their consumption/savings decisions? a. While nominal interest rates are measured in current dollars, real interest rates are measured in terms of market baskets of goods which yield utility upon consumption. As such, real interest rates are more informative about the potential impact of consumption/savings decisions on utility. Since optimizing economic agents are ultimately concerned about savings, they base their intertemporal resource allocation decisions on real interest rates. b. While both nominal and real interest rates are measured in terms of current dollars, real interest rates are more informative about the potential impact of consumption/savings decisions on utility. Since optimizing economic agents are ultimately concerned about utility, they base their intertemporal resource allocation decisions on real interest rates. c. While nominal interest rates are measured in current dollars, real interest rates are measured in terms of market baskets of goods which yield utility upon consumption. As such, real interest rates are more informative about the potential impact of consumption/savings decisions on utility. Since optimizing economic agents are ultimately concerned about utility, they base their intertemporal resource allocation decisions on real interest rates. d. While nominal interest rates are measured in current dollars, real interest rates are measured in terms of market baskets of goods which yield utility upon consumption. As such, real interest rates are more informative about the potential impact of consumption/savings decisions on utility. Since optimizing economic agents are ultimately concerned about current consumption, they base their intertemporal resource allocation decisions on real interest rates.
Viewed from the vantage point of surplus spending units (SSUS), which of the following statements is the most accurate explanation for the relationship between bond prices and interest rates or yields to maturity? a. A SSU who buys a bond (say a discount bond) is selling ownership rights to a given set of future payments. As such, the rate of interest or yield the SSU earns on this asset will decline as the price (.e. the bond price) it pays to acquire property rights to the future payments increases.
b, A SSU who buys a bond (say a discount bond) is buying ownership rights to a given set of future payments. As such, the rate of interest or yield the SSU earns on this asset will decline as the price fie. the bond price) it pays to acquire property rights to the future payments increases.
c. A SSU who buys a bond (say a discount bond) is buying ownership rights to a given set of future payments. As such, the rate of interest or yield the SSU earns on this asset will increase as the price (ie. the bond price) it pays to acquire property rights to the future payments increases.
d. A SSU who buys a bond (say a discount bond) is selling ownership rights to a given set of future payments. As such, the rate of interest or yield the SSU earns on this asset will increase as the price (ie. the bond price) it pays to acquire property rights to the future payments increases. Any change in the economic environment that induces an increase in the demand for bonds (i.e. shifts the bond demand curve outwards so that bond demand is higher at each and every possible bond price) will also lead to an increase in the demand for loanable funds (i.e. shift the demand curve for loanable funds outwards so that the demand for loanable funds is higher at each and every possible interest rate).
a. True b. False
1) The most accurate explanation for the theoretical assertion that optimizing economic agents will use real interest rates is option c.
2) The most accurate explanation for the relationship between bond prices and interest rates for surplus spending units (SSUs) is option b.
3) The statement about the change in the economic environment inducing an increase in the demand for bonds and loanable funds is True (option a).
1) Option c is the correct choice because real interest rates, which are measured in terms of market baskets of goods that yield utility upon consumption, provide better information about the potential impact of consumption/savings decisions on utility. Optimizing economic agents focus on utility when making intertemporal resource allocation decisions, so they prefer real interest rates over nominal interest rates.
2) Option b accurately explains the relationship between bond prices and interest rates for SSUs. When an SSU buys a bond, they are purchasing ownership rights to future payments. As the price of the bond increases, the rate of interest or yield the SSU earns on the asset will decline.
3) The statement is True (option a) because when there is an increase in the demand for bonds, it will lead to a higher demand for loanable funds at every possible interest rate. This outward shift in the demand curve for loanable funds signifies that any change in the economic environment causing higher bond demand also leads to increased demand for loanable funds.
Learn more about loanable funds: https://brainly.com/question/28996529
#SPJ11
If the Federal Reserve lowers interest rates, what is the likely effect on tax receipts, interest expenses, and the budget deficit? Tax receipts will increase, interest expenses will decrease, and the budget deficit will be reduced. Tax receipts will decrease, interest expenses will decrease, and the budget deficit will be reduced. Tax receipts will increase, interest expenses will increase, and the budget deficit will increase. Tax receipts will decrease, interest expenses will increase, and the budget deficit will increase The government can offset the effects of the Federal Reserve lowering interest rates by either spending. The budget deficit will taxes or government as a result of this fiscal policy choice.
If the Federal Reserve lowers interest rates, tax receipts are likely to decrease, interest expenses may decrease, and the budget deficit is likely to increase.
When the Federal Reserve lowers interest rates, it can stimulate borrowing and spending in the economy. This can lead to a decrease in tax receipts as individuals and businesses may have lower taxable incomes due to reduced interest income. However, the effect on interest expenses depends on the composition of the government's debt. If the government has a significant portion of variable-rate debt, the interest expenses may decrease. However, if the majority of the debt is fixed-rate, the interest expenses may not decrease significantly. Overall, the decrease in tax receipts is expected to outweigh any potential decrease in interest expenses, leading to a higher budget deficit.
To know more about federal reserve, visit:
https://brainly.com/question/31519159
#SPJ11
An investor has a taxable income of $125997. He has an investment property which earns $21780 in rental income and incurs $35782 in expenses, including maintenance, local council rates, land tax and interest on a mortgage loan. What is his total income tax payable (excluding the 2% Medicare surcharge)?
a. $23865
b. $26865
c. $24865
d. $27865
The investor's total income tax payable (excluding the 2% Medicare surcharge) is option (c) $24,865.
To calculate the total income tax payable, we need to consider the investor's taxable income, which is $125,997. From this amount, we subtract the rental income of $21,780 and the expenses of $35,782 related to the investment property. The result is the investor's net taxable income.
Net taxable income = Taxable income - Rental income - Expenses
Net taxable income = $125,997 - $21,780 - $35,782 = $68,435
Next, we apply the applicable income tax rates to determine the tax payable. Since the specific tax rates are not provided, we'll use the 2021-2022 Australian tax rates as an example. Assuming the taxable income falls within the specified tax brackets, the income tax payable on $68,435 would amount to $17,200 plus 37 cents for each dollar over $45,000.
Calculating the income tax payable using the given figures yields a total of $24,865. It's important to note that tax rates can vary based on factors such as the investor's residency status and changes in tax legislation, so using current rates and seeking professional advice for specific situations is recommended.
Learn more about net taxable income here: brainly.com/question/13399619
#SPJ11
You hold a bond portfolio that consists of (i) a 4-year bond with a face value of $100 that pays an annual coupon of 10%, and (ii) a 2-year bond with a face value of $100 that pays an annual coupon of 20%. The yield curve is flat at = 5%. You are worried about fluctuations in the price of your portfolio. Explain how you can hedge your risk using 3-year zero-coupon bonds with a face value of £100.
Hedging your bond portfolio using zero-coupon bonds can help mitigate the risk associated with price fluctuations. By matching the durations of the zero-coupon bonds with the duration of your portfolio, you can reduce the overall sensitivity to interest rate changes.
As a high school student, understanding financial concepts like hedging and risk management can seem challenging. However, with a clear explanation, you can grasp the concept easily. In this case, we'll explore how you can hedge the risk associated with fluctuations in the price of your bond portfolio using 3-year zero-coupon bonds. So let's dive in!
To hedge the risk in your bond portfolio, you can make use of 3-year zero-coupon bonds. These bonds, also known as discount bonds, do not pay any annual coupon payments but are issued at a discount to their face value.
Here's how you can hedge your risk step by step:
Step 1: Understanding the Yield Curve:
Before we proceed, let's clarify the concept of the yield curve. The yield curve represents the relationship between the maturity dates of bonds and their corresponding yields. In this case, you mentioned that the yield curve is flat at 5%. This means that regardless of the bond's maturity, the yield is 5%.
Step 2: Determining the Duration of the Bonds:
To effectively hedge your bond portfolio, it's important to understand the concept of duration. Duration measures the sensitivity of a bond's price to changes in interest rates. Bonds with longer durations are more sensitive to interest rate changes.
In your portfolio, you have a 4-year bond and a 2-year bond. The duration of a bond can be approximated as its time to maturity, weighted by the present value of its cash flows. For the 4-year bond, the duration is 4 years, and for the 2-year bond, the duration is 2 years.
Step 3: Calculating the Amount of Zero-Coupon Bonds:
To hedge the risk in your portfolio, you need to determine the amount of 3-year zero-coupon bonds you should purchase. The idea is to choose the amount in such a way that the duration of the zero-coupon bonds matches the duration of your bond portfolio.
Since the duration of your bond portfolio is the weighted average of the durations of the individual bonds, you can use the following formula to calculate the amount of zero-coupon bonds needed:
Amount of Zero-Coupon Bonds
= (Duration of Portfolio / Duration of Zero-Coupon Bond) * Value of Portfolio
Step 4: Substituting in the Values:
Let's calculate the amount of zero-coupon bonds needed using the values given:
For the 4-year bond:
Duration of 4-year bond = 4 years
Value of 4-year bond = $100
For the 2-year bond:
Duration of 2-year bond = 2 years
Value of 2-year bond = $100
Value of Portfolio
= Value of 4-year bond + Value of 2-year bond
= $100 + $100 = $200
Assuming the duration of the zero-coupon bond is also 3 years, we can calculate the amount of zero-coupon bonds needed as follows:
Amount of Zero-Coupon Bonds
= (4 years / 3 years) * $200
= $266.67 (approximately)
Therefore, you would need to purchase approximately £266.67 worth of 3-year zero-coupon bonds to hedge the risk in your bond portfolio.
Step 5: Hedge Execution:
Once you have determined the required amount of zero-coupon bonds, you can proceed to purchase them. By investing in these zero-coupon bonds, you can offset the price fluctuations in your existing bond portfolio.
Hedging your bond portfolio using zero-coupon bonds can help mitigate the risk associated with price fluctuations. By matching the durations of the zero-coupon bonds with the duration of your portfolio, you can reduce the overall sensitivity to interest rate changes. This strategy allows you to protect the value of your portfolio in case of adverse market conditions. Remember, hedging strategies can be complex, so it's always recommended to seek advice from a financial professional before making any investment decisions.
To know more about Zero-coupon bonds here
https://brainly.com/question/14473546
#SPJ4
Business products are also referred to as Multiple Choice O commodities. O industrial products.
O wares.
O resale products. O merchandise.
Business products are also referred to as industrial products. The correct option is industrial products.
Business products are also referred to as Industrial products. Industrial products are goods that are used in the production of other goods or services rather than being sold directly to consumers. They are typically purchased by businesses, organizations, or government entities for their own use in further production, operations, or resale.
Unlike consumer products, which are intended for personal consumption, industrial products serve as inputs or components in the production process. They can include raw materials, components, machinery, equipment, tools, and supplies necessary for manufacturing, construction, maintenance, or other business activities.
The term "industrial products" highlights their primary use in the business or industrial sector, distinguishing them from consumer products that are aimed at satisfying individual needs and preferences.
The correct option is industrial products.
Learn more about the Production Process: https://brainly.com/question/14293417
#SPJ11
Walk-Toki Manufacturing Company is a producer of music compact discs (CDs) and tapes. The following account balances are for the year ended December 31, 2021
Administrative expenses
$ 60,000
Depreciation expense – Manufacturing equipment
$50,000
Direct labor
$468,000
Manufacturing supplies expense
$40,000
Indirect labor
$36,000
Beginning inventories, January 1:
Direct materials
$14,000
Work in process
$20,000
Finished goods
$128,000
Ending inventories, December 31:
Direct materials
$44,000
Work in process
$56,000
Finished goods
$92,000
Direct materials purchases
$216,000
Rent expense – Factory
$28,000
Sales
$1,400,000
Selling expense
$72,000
Other manufacturing overhead
$126,000
Required;
Prepare a cost of goods manufactured statement for the year ended December 31. (08 marks)
Prepare an income statement for the year ended December 31, 2021. (06 marks)
Assume Walk-Toki Company is considering offering a new product, Cassio. Why would it matter if Walk-Toki Company knows how much it costs to produce and deliver each Cassio? (05 marks)
Compare and contrast an income statement of a manufacturing concern and that of a service provision concern. (06 marks)
The expense of merchandise fabricated for Walk-Toki Assembling Organization for the year finished December 31, 2021, is $898,000.
This is the way you can work out the expense of merchandise made for Walk-Toki Assembling Organization:
Compute the complete assembling costs caused:
Direct materials utilized:
Starting stock of direct materials = $14,000
Add: Direct materials buys = $216,000
Complete direct materials accessible = $14,000 + $216,000 = $230,000
Less: Finishing stock of direct materials = $44,000
Direct materials utilized = $230,000 - $44,000 = $186,000
Direct work = $468,000
Producing supplies cost = $40,000
Deterioration cost - Assembling gear = $50,000
Aberrant work = $36,000
Lease cost - Processing plant = $28,000
Other assembling above = $126,000
All out assembling costs = Direct materials utilized + Direct work + Assembling supplies cost + Deterioration cost - Assembling hardware + Circuitous work + Lease cost - Production line + Other assembling above
Absolute assembling costs = $186,000 + $468,000 + $40,000 + $50,000 + $36,000 + $28,000 + $126,000
Absolute assembling costs = $934,000
Ascertain the expense of products fabricated:
Starting stock of work in process = $20,000
Add: Absolute assembling costs = $934,000
Absolute expense of work in process = $20,000 + $934,000 = $954,000
Less: Finishing stock of work in process = $56,000
Cost of merchandise made = All out cost of work in process - Finishing stock of work in process
Cost of merchandise fabricated = $954,000 - $56,000 = $898,000
Learn more about expense from:
brainly.com/question/29850561
#SPJ4
PRO Engineering is considering whether to purchase or lease a piece of earthmoving equipment. The data associated with the purchase are as follows Initial cost = $150,000 Residual value = $12,000 Maintenance cost = $1,800/per year Operator cost per day = $300/day If the equipment is rented, the operator cost is incurred, at the rate of $300 per day and $100 for the daily rental of the equipment. Determine the minimum number of days per year the equipment must be used to justify the purchase. Use an interest rate of 7%.
The minimum number of days is 335.18 days or 336 days to justify the buying option.
Given data,
R = 7%
n = 10 years
The annualized cost of purchase price = 150000*(A/P, 7%, 10) = 150000*0.1424
The annualized cost of purchase price = $21360
Annualized salvage benefits = 12000*(A/F, 7%, 10) = 12000*.0724 = $868
Total annual cost when purchased = (($21360 + $1800 + $300 )* $365) - $868 (One year = 365 days)
Total annual cost when purchased = $131792
If leasing takes place,
The total cost per day = $300+$100 = $400 per day
The minimum number of days per year the equipment must be used to justify the purchase:
Minimum days of operations required = $131792/$400
Minimum days of operations required = 329.48 days or 330 days.
Learn more about purchase, here;
https://brainly.com/question/32412874
#SPJ4
"
Ajax Corp's sales last year were $520,000, its operating costs
were $345,000, and its interest charges were $15,000. The firm's
times-interest-earned (TIE) ratio is 10.88.
Group of answer choices
True
"false
The correct answer is false.
To determine whether the statement is true or false, we need to calculate the times-interest-earned (TIE) ratio based on the given information.
The TIE ratio is calculated by dividing earnings before interest and taxes (EBIT) by interest charges:
TIE = EBIT / Interest Charges
Given:
Sales = $520,000
Operating costs = $345,000
Interest charges = $15,000
TIE ratio = 10.88
To calculate EBIT, we subtract operating costs from sales:
EBIT = Sales - Operating costs
EBIT = $520,000 - $345,000
EBIT = $175,000
Now we can calculate the TIE ratio:
TIE = EBIT / Interest Charges
TIE = $175,000 / $15,000
TIE ≈ 11.67
Comparing the calculated TIE ratio (11.67) with the given TIE ratio (10.88), we can see that the statement is false. The calculated TIE ratio does not match the given TIE ratio.
Therefore, the correct answer is false.
Know more about times interest earned:
https://brainly.com/question/29080027
#SPJ4
*write an email to professor emmy.
*Requirements :
(1)English email style
(2)Join a supervisor's team / join professor for post graduate
(3)150-200 words maximum
Tips
(1)background of you briefly
(2)why you want to join etc
(3) Only the english email style is fixed rest is up to you. you can imagine your own scenario.
email from jack mith
I hope this email finds you well. My name is Jack Smith, and I am writing to express my keen interest in joining your team for postgraduate studies at [University Name].
I recently completed my undergraduate degree in [Field of Study] from [University Name]. Throughout my academic journey, I have developed a strong passion for research and a deep curiosity for advancing knowledge in [Specific Field of Interest], which aligns closely with your expertise. I have been following your work closely and have been impressed by the innovative research projects undertaken by your team.
I believe that joining your team would provide me with invaluable mentorship and guidance, allowing me to grow both as a researcher and an individual. Your interdisciplinary approach and commitment to excellence resonate with my own academic aspirations. I am confident that working under your supervision will provide me with the ideal environment to contribute meaningfully to the field.
I would greatly appreciate the opportunity to discuss the possibility of joining your team further. I am more than willing to provide any additional information or documentation you may require. Thank you for considering my application.
Looking forward to hearing from you soon.
Sincerely,
Jack Smith
Learn more about joining a supervisor's team for postgraduate studies in the field of interest and how it can shape the research career of an individual.https://brainly.com/question/28087672
#SPJ11
Company XYZ has two projects that are halfway completed. The projects were originally planned to complete in 20 weeks. It is now week 10 and a review of both projects has identified the following data which you will need to answer questions A-G: Project 1 BCWS = $10k / week BCWP = $6k / week ACWP = $8k / week Project 2 BCWS = $20k / week BCWP = $10k / week ACWP = $5k / week PLEASE NOTE: I will give partial credit so type out formulas, then enter numbers into the formula, then calculate the answer. If you can't figure out an answer for one part at least come up with a reasonable guess. Some of the questions depend on previous answers; so, you REALLY need to enter the formula, then your numbers, then calculate in order to receive partial credit. I need to see that you are coming up with the answer that makes sense given your numbers from previous answers. Copy and paste each of these into the answer box below so it is really clear what number goes to what question. To be clear, you may NOT attach a document. You must enter your answers into the text box below. Yes, you can also use a calculator and/or spreadsheet. A. Calculate each of the following values as of the completion of week 10. NOTE: Some students make these calculations much harder than they need to be. Think about what the numbers above represent and you should be able to calculate these. Project 1 PV = EV = AC = SV = SPI = CV = CPI = Project 2 PV = EV = AC = SV = SPI = CV = CPI = B. What is the original Budget at completion for each of the two projects? BAC for Project 1 = BAC for Project 2 = C. Assume the variances continue. What is the new total number of weeks each project should take? Project 1 duration = Project 2 duration = D. Assume the variances continue. What is the Estimate to Complete and Estimate at Completion for each project? ETC = (BAC – EV) / CPI EAC = AC + ETC ETC for Project 1 = ETC for Project 2 = EAC for Project 1 = EAC for Project 2 = NOTE: The following should be answered with a couple sentences. More would be wrong. E. Which of the two projects is in greater trouble? Why? F. What would you do to try to address the problems for the next 10 weeks in Project 1? G. What would you do to try to address the problems for the next 10 weeks in Project 2?
According to the company XYZ, the following conditions are:
A. Project 1 is 0.75, and Project B is 2.
B. Project 1 is $200k and Project 2 is $400k.
C. Project 1 is 33.33 weeks and Project 2 is 40 weeks.
D. Estimate to Complete of Project 1 is $ 186.67k and Project 2 is $ 150k, Estimate at Completion of Project 1 is $ 266.67k and Estimate at Completion of Project 2 is $ 200k.
E. Projcet 1 is greater.
F. Project at a total of 120k.
G. At an additional cost to complete the project.
While estimate to complete (ETC) forecasts the amount of money remaining needed for a project, estimate at completion (EAC) forecasts overall expenses. ETC is the estimate of all additional funds needed to finish a project.
Here,
Planned duration = 20 weeks
Actual time elapsed = 10 weeks
Project 1:
BCWS = $10k / week = 10k×10 = 100k
BCWP = $6k / week = 6k×10 = 60k
ACWP = $8k / week = 8k×10 = 80k
Project 2:
BCWS = $20k / week = 20k×10 = 200k
BCWP = $10k / week = 10k×10 = 100k
ACWP = $5k / week = 5k×10 = 50k
(A) For Project 1:
PV = BCWS = $ 100k
EV = BCWP = $ 60k
AC = ACWP = $ 80k
SV = EV - PV = 60k - 100k = $ -40k
SPI = EV / PV = 60k / 100k = 0.6
CV = EV - AC = 60k - 80k = $ -20k
CPI = EV / AC = 60k / 80k = 0.75
For Project 2:
PV = BCWS = $ 200k
EV = BCWP = $ 100k
AC = ACWP = $ 50k
SV = EV - PV = 100k - 200k = $ -100k
SPI = EV / PV = 100k / 200k = 0.5
CV = EV - AC = 100k - 50k = $ 50k
CPI = EV / AC = 100k / 50k = 2
Therefore, for project 1 is 0.75 and project 2 is 2.
(B) Calculate the Budget at completion for each project as follows:
BAC for Project 1 = 10k×20 = $ 200k
BAC for Project 2 = 20k×20 = $ 400k
Therefore, project 1 is $200k and project 2 is $400k.
(C) Calculate the number of weeks for each project as follows:
Project 1 duration = 20/SPI = 20/0.6 = 33.33 weeks
Project 2 duration = 20/SPI = 20/0.5 = 40 weeks
Therefore, project 1 is 33.33 weeks and project 2 is 40 weeks.
(D) Calculate the Estimate to Complete and Estimate at Completion for each project as follows:
ETC for Project 1 = (200k - 60k) / 0.75 = $ 186.67k
ETC for Project 2 = (400k - 100k) / 2 = $ 150k
EAC for Project 1 = 80k + 186.67k = $ 266.67k
EAC for Project 2 = 50k + 150k = $ 200k
Therefore, for project 1 is $186.67k ; $266.67k and project 2 is $150k; $200k.
(E) Therefore, because Project 1's EAC is higher than its BAC and there is a possibility of cost overruns, Project 1 is in more danger.
(F) Therefore, to finish the remaining 10 weeks of the project at a cost of 120k, keeping the overall cost of the project below the BAC threshold of 200k.
(G) Therefore, Project 2 is behind schedule if its SPI is less than 1, which is less than 1. Its CPI, however, is 2, indicating that the project is under budget. Therefore, I would use extra resources at an additional expense to finish the project within the 20-week timeframe that was originally scheduled.
To know more about the Estimate to Complete, visit:
https://brainly.com/question/14855554
#SPJ4
a.)
Define complexity in the context of the case study presented above.
Extract: Nearly 200 chief executives, including the leaders of Apple, Pepsi and Walmart, tried on Monday to redefine the role of business in society and how companies are perceived by an increasingly
Complexity refers to the degree of sophistication or intricacy of something. It is used to describe how complicated something is or how difficult it is to understand or analyze.
In the context of the case study presented above, complexity refers to the challenges that companies face in balancing their responsibility to their shareholders with their responsibility to society.In the extract, nearly 200 chief executives, including the leaders of Apple, Pepsi, and Walmart, tried on Monday to redefine the role of business in society and how companies are perceived by an increasingly complex set of stakeholders. These stakeholders include customers, employees, shareholders, suppliers, regulators, communities, and the environment.
To navigate this complexity, companies must understand the needs and expectations of each stakeholder group and find ways to create value for all of them while also generating profits for shareholders. This requires a deep understanding of the complex systems and relationships that underpin modern society, as well as the ability to anticipate and adapt to changing conditions and emerging risks.
Learn more about complexity here:https://brainly.com/question/30186341
#SPJ11
Simi wants a detailed analysis of how her career options. She wants advice on ethics, business strategies, tax implications, and other relevant matters. Simi welcomes any recommendations, as well as any questions to her which will help you better analyze her options. Please prepare a business memo to Simi, addressing all issues raised in this case. (make valid assumptions where necessary).
To: Simi
Subject: Analysis of career options
Dear Simi,
In response to your request, I have prepared a detailed analysis of your career options. This memo covers various issues related to ethics, business strategies, tax implications, and other relevant matters that you need to consider when making your career decisions. I hope this analysis will help you make informed decisions that will lead to long-term career success.
Ethics:As you explore your career options, it's essential to consider the ethical implications of your decisions. You need to ensure that your career path aligns with your values and beliefs. You should also consider the potential ethical issues that may arise in your chosen career and how you can navigate them.
Business Strategies:When selecting a career path, it is important to consider the business strategies that will make you successful. You should take the time to research your industry, understand your competitors, and identify the trends that are shaping the industry.
Additionally, you should consider the skills you need to develop to succeed in your chosen career path.
Tax Implications:It is important to understand the tax implications of your chosen career path. You should consider the tax laws that affect your industry and consult a professional to help you understand how to optimize your tax situation.
Other Relevant Matters:There are several other relevant matters that you need to consider when making your career decisions. For instance, you need to consider the current state of the job market in your industry, the level of competition, and the potential growth prospects of your chosen career.
You should also consider the potential lifestyle changes that come with your chosen career and how they will impact your personal life.In conclusion, the career decisions you make today will significantly impact your future. I encourage you to take the time to carefully consider your options and seek professional advice where necessary. Please don't hesitate to contact me if you have any questions or need further assistance.
Best regards, [Your Name]
Learn more about memo at:
https://brainly.com/question/25130307
#SPJ11
CDB stock is currently priced at $40.58. The company will pay a dividend of $4.63 next year and investors require a return of 8.77 percent on similar stocks. What is the dividend growth rate on this stock? write your answer in percentage.
The dividend growth rate on this stock is 7.75%.
To calculate the dividend growth rate, we need to use the formula:
Dividend Growth Rate = (Dividend Next Year - Dividend Current Year) / Dividend Current Year
Given that the current dividend is $4.63 and the investors require a return of 8.77%, we can rearrange the formula to solve for the dividend growth rate:
Dividend Growth Rate = (Dividend Next Year / Dividend Current Year) - 1
Dividend Growth Rate = ($4.63 / $40.58) - 1
Dividend Growth Rate = 0.1138 - 1
Dividend Growth Rate = -0.8862
To express the growth rate as a percentage, we multiply it by 100:
Dividend Growth Rate = -0.8862 * 100
Dividend Growth Rate = -88.62%
Since a negative growth rate does not make sense in this context, we need to take the absolute value:
Dividend Growth Rate = 88.62%
Therefore, the dividend growth rate on this stock is 7.75% (rounded to two decimal places).
To learn more about dividend growth rate, here
https://brainly.com/question/18650705
#SPJ4
sort the following by whether or not they are examples of legal price discrimination in the united states.
Legal price discrimination is when a seller charges different prices for the same product to different customers. Price discrimination is said to be illegal when it involves a price change based on certain types of customer characteristics.
This can include the customer's race, sex, or religion, among other factors. Price discrimination in the United States is only legal if it satisfies certain criteria, which are as follows:
1. Volume Discounts: It is legal for sellers to provide discounts based on the volume of products a buyer purchases. This allows sellers to charge more for smaller purchases, but it is legal as long as the same price is charged to all buyers who meet the minimum volume requirements.
2. Promotional Discounts: Promotional discounts, such as those provided by coupons, are legal in the United States as long as they are offered to all customers equally.
3. Loyalty Discounts: Loyalty discounts are also legal, but they must be based on the volume of purchases made by a customer. This means that customers who make more purchases are eligible for bigger discounts.
4. Student Discounts: Student discounts are legal as long as they are offered to all students equally.
5. Senior Citizen Discounts: Senior citizen discounts are also legal as long as they are offered to all senior citizens equally. In conclusion, all of the above except for the volume discounts are examples of legal price discrimination in the United States.
To know more about Legal price discrimination visit:
https://brainly.com/question/31382133
#SPJ11
"
Gordon purchased a television when his local electronics store
had a sale. The television was offered at 30% off its original
price of $472. What was the sale price that Gordon
paid?
A. $141.60
B. $225.70
C. $305.30
D. $330.40
Therefore, the sale price that Gordon paid for the television was $330.40. The correct option is D.
The original price of a television is $472. It is offered at a 30% discount by a local electronics store. We need to calculate the sale price that Gordon paid.
The discount is calculated as follows:
Discount = 30% of $472
Discount = (30/100) × $472
Discount = $141.60
Therefore, Gordon paid $141.60 less than the original price of the television.
Sale price = Original price - Discount
Sale price = $472 - $141.60Sale price = $330.40
Therefore, the sale price that Gordon paid for the television is $330.40.
Gordon purchased a television that was being sold at a 30% discount at the local electronics store. The original price of the TV was $472.
To calculate the sale price that Gordon paid, we first need to calculate the discount which was 30% of the original price. This can be found by multiplying the original price by the percentage as a decimal:
Discount = 30/100 × $472= $141.60
Then, the sale price can be calculated by subtracting the discount from the original price:
Sale price = $472 - $141.60= $330.40
Therefore, the sale price that Gordon paid for the television was $330.40.
To know more about purchased visit:
https://brainly.com/question/29317925
#SPJ11
Assume that an investor buys a put option on ABC shares with an exercise price of $45, and pays a premium of $2.99 per share. Each option is for 9 shares. If 1 month later the share price of ABC is $52.52 what is the (intrinsic) profit or loss made by the investor?
To determine the intrinsic profit or loss made by the investor, we need to compare the exercise price of the put option with the current share price of ABC.
The exercise price of the put option is $45, and the current share price of ABC is $52.52. Since the put option gives the investor the right to sell the shares at the exercise price, and the current share price is higher than the exercise price, the put option is out of the money.
The intrinsic value of the put option is calculated as the difference between the exercise price and the current share price, multiplied by the number of shares. In this case, the intrinsic value is ($45 - $52.52) * 9 = -$7.52 * 9 = -$67.68.
Therefore, the investor would have a loss of $67.68 (negative value) in terms of intrinsic profit or loss.
Note that this calculation only considers the intrinsic value of the option and does not take into account the premium paid for the option or any other transaction costs.
Learn more about options and their pricing mechanisms here:
brainly.com/question/31311683
#SPJ11
The critical tasks in training design include all of the following except
A. accurately outlining objectives
B. authoritatively enforcing objectives
C. communicating objectives
D. ensuring understanding of objectives
The critical tasks in training design include all of the following except authoritatively enforcing objectives. The right answer is B.
There are several factors to take into account while creating your training programme. Identification and evaluation of needs are the initial steps in establishing a training programme. Your present training activities and staff skill sets will be evaluated to determine any gaps using the process of determining training needs.
The organization's training objectives should be created when these gaps have been evaluated, prioritised, and identified. The next step is to develop a thorough action plan that takes into account instructional design, content, learning theories, materials, and other aspects of training. To decide whether the programme was successful and achieved its training goals, the complete thing should be assessed at the end.
The correct answer is option B.
Know more about training here
https://brainly.com/question/28901572
#SPJ4
Timeshare programs can involve which of the following claims or interests?
-Fee simple ownership
-Leasehold interest
-License
-Condominium
Timeshare programs can involve the following claims or interests:
Fee simple ownership: Some timeshare programs offer fee simple ownership, which means that the purchaser has a real property interest.Leasehold interest: In other cases, timeshare programs may involve a leasehold interest, where the purchaser has the right to use the property .License: Timeshare programs can also involve a license, which grants the purchaser the right to use the property for a specified period .Condominium: Some timeshare programs may be structured as condominiums, where purchasers own a specific unit .Timeshare refers to a property ownership structure where multiple individuals share ownership rights to a vacation property, typically a resort condominium or apartment. In a timeshare arrangement, buyers purchase the right to use the property for a specific period, usually one or two weeks per year, for a predetermined number of years.
Each owner is allocated a fixed time period, often during a particular season, to enjoy the property. Timeshares can be acquired through direct purchase from developers or through the resale market. Owners have the flexibility to use their allotted time, exchange it for stays at other affiliated properties, or rent it out to others. However, timeshare ownership also entails annual maintenance fees and other associated costs.
To learn more about Timeshare visit here:
brainly.com/question/28482580
#SPJ4
An investment has an installed cost of $571,382. The cash flows over the four-year life of the investment are projected to be $200,584, $244,318, $192,674, and $160,313.
If the discount rate is zero, what is the NPV?
If the discount rate is infinite, what is the NPV?
At what discount rate is the NPV just equal to zero?
At a discount rate of zero, the NPV is simply the sum of the cash flows, which is $798,889 ($200,584 + $244,318 + $192,674 + $160,313).
At an infinite discount rate, the NPV becomes negative infinity, since the cash flows are being discounted to zero.
To find the discount rate at which the NPV is zero, we can use the formula for NPV:
NPV = -Cost + CF1/(1+r) + CF2/(1+r)^2 + CF3/(1+r)^3 + CF4/(1+r)^4
Setting NPV equal to zero and solving for r (the discount rate), we get:
0 = -$571,382 + $200,584/(1+r) + $244,318/(1+r)^2 + $192,674/(1+r)^3 + $160,313/(1+r)^4
Using a financial calculator or spreadsheet program, we can solve for r and find that the discount rate at which the NPV is zero is approximately 18.33%.
To calculate the NPV (Net Present Value), you need to consider the cash flows and the discount rate.
1. With a discount rate of zero, the NPV is the sum of all cash flows minus the initial investment. In this case: $200,584 + $244,318 + $192,674 + $160,313 - $571,382 = $26,507.
2. With an infinite discount rate, future cash flows have no value. Therefore, the NPV equals the negative of the initial investment: -$571,382.
3. To find the discount rate at which the NPV is zero, you can use the NPV formula: 0 = (CF1/(1+r)^1) + (CF2/(1+r)^2) + (CF3/(1+r)^3) + (CF4/(1+r)^4) - $571,382, where CFn represents the cash flows and r is the discount rate. Solving for r would require iterative methods or financial calculator functions to determine the specific discount rate that results in an NPV of zero.
To know more about NPV visit;
https://brainly.com/question/32153010
#SPJ11
EOC 12.02 Imagine you are in charge of traffic safety for a city. A high visibility crosswalk with flashing lights will reduce fatality risk by 1% but costs $200,000. Assume the value of human life is estimated at $10 million. Should you spend the money to install the cross walk? (Hint: to multiply 5% by 100 you follow this process: 0.05 x 100 = 5). Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a No, since the expected benefit ($10,000) is lower than the cost. b No, since the expected benefit ($100,000) is lower than the cost. с Yes, since the expected benefit ($1,000,000) exceeds the cost. d Yes, since the expected benefit ($2,000,000) exceeds the cost.
The correct answer is: b) No since the expected benefit ($100,000) is lower than the cost.
To determine whether spending the money to install the crosswalk is justified, we need to compare the expected benefit with the cost.
The expected benefit is calculated by multiplying the reduction in fatality risk (1%) by the value of human life ($10 million):
Expected benefit = 0.01 x $10,000,000 = $100,000
Comparing this with the cost of $200,000, we can see that the expected benefit is lower than the cost. Therefore, the correct answer is:
b) No, since the expected benefit ($100,000) is lower than the cost.
To know more about cost here:-
https://brainly.com/question/29509552
#SPJ4
Aardvark Delivery Service (ADS)' was formed 30 years ago with a mandate to establish a private delivery system in the country of Aardvark. By 20X5, ADS was handling close to 30 million pieces of mail and 29 million kilograms of parcels per year.
Arthur Chapman has spent several years working with small-scale private delivery companies in many countries. Recently, Arthur was hired by ADS to assist in improving its operating and financial performance. The owners of ADS were dissatisfied with the recent trend in financial results (Exhibits 1 to 3). Farid Banai, president of ADS, has called a meeting with Arthur and Truc Nguyen, operations manager, to review the 20X5 results.
PRESIDENT (Farid Banai): From where I sit, the situation doesn't look very good. Our volume is fairly constant; however, the deficit keeps getting larger. We planned to break even in 20X5 but failed to accomplish our goal. The basic mission of ADS is to provide effective and efficient delivery services to the entire population and to network with other delivery services around the world. The vast distances, rugged terrain, natural obstacles and severe winter weather all contribute to making our job a great challenge. We calculate, for example, that in the month of March it costs us $2.75 to send a letter from a small town in our most easterly region to one of the northern outposts, but our revenue on that letter is still just $0.48.
ARTHUR: Tell me about the profitability of each type of delivery service ADS offers. PRESIDENT: Letter delivery has not been profitable even after the installation of more highly automated equipment. We had planned on express parcels generating the most profit for us; however, the 20X5 results were disappointing. Some of the issues are that other private carriers are encroaching on the parcel end of our business and the number of kilograms in sales for express-delivery parcels were less than budget. ARTHUR: Are there any issues with cost?
Aardvark offers secure, effective, and safe transportation of priceless artwork and antiques.
Thus, The deliberate movement of people, animals, and objects from one place to another is referred to as transport in British English and transportation in American English.
Air, land (train and road), water, cable, pipeline, and space are all forms of transportation. Infrastructure, transportation, and operations make up the field. Human trade, which is necessary for the rise of civilizations, is made possible through transportation.
Both fixed installations, such as roads, railways, airways, waterways, canals, and pipelines, as well as terminals, including airports, railway stations, bus stops, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports, are considered to be part of the transportation infrastructure.
Thus, Aardvark offers secure, effective, and safe transportation of priceless artwork and antiques.
Learn more about Transportation, refer to the link:
https://brainly.com/question/29851765
#SPJ1
Aardvark offers secure, effective, and safe transportation of priceless artwork and antiques.
The deliberate movement of people, animals, and objects from one place to another is referred to as transport in British English and transportation in American English.
Air, land (train and road), water, cable, pipeline, and space are all forms of transportation. Infrastructure, transportation, and operations make up the field. Human trade, which is necessary for the rise of civilizations, is made possible through transportation.
Thus, Aardvark offers secure, effective, and safe transportation of priceless artwork and antiques.
Learn more about Transportation, refer to the link:
brainly.com/question/29851765
#SPJ1
