The correct answer is: A. not charging prices for branded footwear that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions.
Differentiating a company's branded footwear from rival offerings requires strategic decisions and actions. Option A suggests not charging prices that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions. This approach is flawed because setting prices above the industry average can make the company's footwear less attractive to customers. By not offering competitive pricing, the company may struggle to differentiate its product and may lose potential customers to rivals.
Options B, C, D, and E do not address pricing strategies directly and focus on other factors such as training, differentiation level, spending on rebates and celebrity endorsements, product line variety, and advertising. While these factors can impact differentiation, the question specifically asks about flawed ways to pursue competitive efforts related to pricing and differentiation.
Therefore, the flawed way to pursue competitive efforts that will successfully differentiate a company's branded footwear is not charging prices for branded footwear that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions (Option A).
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We know that during the Great Recession, about $14 trillion in wealth was lost, with half being a loss in stock market wealth and the remainder being a loss in real estate wealth. Focusing only on the impact of this loss of wealth on labor supply, use the classical model and comment on the implications as to the cyclicality of the real wage. Be sure to use a labor market diagram to support your answer.
In the classical model, the labor market is typically characterized by the interaction between labor supply and labor demand. The classical economists believed that markets tend to reach equilibrium and that wages and prices adjust to clear the market.
When there is a loss of wealth, such as the $14 trillion lost during the Great Recession, it can have implications for the labor market and the cyclicality of the real wage. Here's how this can be illustrated using a labor market diagram:
Labor Demand: The loss of wealth can impact firms' profitability and investment capabilities, leading to a decrease in labor demand. This can be represented by a leftward shift of the labor demand curve (D1 to D2) in the labor market diagram.
Labor Supply: The loss of wealth can also affect individuals' savings and investment capacities. It may result in increased labor supply as people seek employment opportunities to make up for the financial losses. This can be represented by a rightward shift of the labor supply curve (S1 to S2) in the labor market diagram.
The intersection of the labor demand and supply curves determines the equilibrium level of employment and the real wage in the labor market. With the decrease in labor demand and the increase in labor supply, the equilibrium level of employment (L1 to L2) may decrease, indicating higher unemployment levels.
Regarding the cyclicality of the real wage, the classical model suggests that the real wage is largely determined by factors such as labor productivity and the supply and demand for labor. In the context of the loss of wealth during the Great Recession, the decrease in labor demand and the increase in labor supply may put downward pressure on the real wage. As a result, the real wage could be expected to decrease or experience less growth compared to previous periods.
It's important to note that this analysis is based on the classical model, which assumes flexible wages and prices. In reality, various other factors, such as government interventions, wage rigidities, and market imperfections, can influence the outcomes in the labor market during economic downturns.
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Carla Vista Electronics Company manufactures two large-screen television models: the Deluxe, which has been produced for many years and sells for $1,000, and the Flat, a new model, which sells for $1,420. Based on the following income statement for 2022, the CFO at Carla Vista has decided to concentrate the marketing resources on the Flat model and to begin to phase out the Deluxe model. CARLA VISTAELECTRONICS COMPANY Income Statement Year Ended December 31, 2022 Flat Deluxe Total Sales $ 5,112,000 $ 20,000,000 $ 25,112,000 Cost of goods sold 3,067,200 12,880,000 15,947,200 Gross margin 2,044,800 7,120,000 9,164,800 Selling and administrative expenses 810,000 2,960,000 3,770,000 Net profit $1,234,800 4,160,000 $ 5,394,800 Units produced and sold 3,600 20,000 Net profit per unit sold $343 $208 $ The standard unit costs for the Flat and Deluxe models are as follows: Flat Deluxe Direct materials $590 $230 Direct labour: Flat (3.5 hrs. × $20/hr.) 70 Deluxe (1.5 hrs. * $20/hr.) 30 Machine usage: Flat (4 hrs. * $24/hr.) 96 Deluxe (8 hrs. × $24/hr.) 192 Manufacturing overhead 96 192 Standard cost $852 $644 Manufacturing overhead was applied on the basis of machine hours at a predetermined rate of $24 per hour. Carla Vista's CFO is in favour of using an activity-based costing system and has gathered the following information about the company's manufacturing overhead costs for 2022: Units of the Cost Driver Activity Costs Activity Centres and Cost Drivers Soldering (number of solder joints) Flat 270,000 4,300 Total 1,370,000 $ 822,000 Shipments (number of shipments) 738,000 18,000 Quality control (number of inspections) 1,080,000 19,000 72,000 Purchase orders (number of orders) 576,000 99,000 144,000 Machine power (machine hours) 86,000 14,400 174,400 Machine set-ups (number of set-ups) 900,000 3,500 9,000 Total traceable costs $ 4,202,000 Deluxe 1,100,000 13,700 53,000 45,000 160,000 5,500 Using activity-based costing, calculate the gross margin for Flat model and Deluxe model. (Round per machine hour to 5 decimal places, e.g. 15.21156, other intermediate calculations to 2 decimal places, e.g. 15.25 and final answers to 2 decimal places, e.g. 15.25%.) Flat Deluxe Gross margin % % Using activity-based costing, determine whether Carla Vista Electronics should continue to emphasize the Flat model and phase out the Deluxe model. B & B Electronics with its plans to emphasize the Flat model and phase out the Deluxe model.
Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold $3,338,000 $14,562,000Direct material $2,124,000 $4,600,000Direct labour $252,000 $60,000Manufacturing overhead $822,000 $1,560,000Gross margin $1,774,000 $5,438,000Gross margin percentage 34.73% 27.19%
Activity-based costing is an accounting system that assigns costs to individual activities. This method assigns more indirect costs (overhead) into direct costs (products or services) as compared to conventional costing. Carla Vista Electronics Company manufactures two large-screen television models: the Deluxe, which has been produced for many years and sells for $1,000, and the Flat, a new model, which sells for $1,420.Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold 3,067,200 12,880,000 Gross margin 2,044,800 7,120,000 Selling and administrative expenses 810,000 2,960,000 Net profit $1,234,800 $4,160,000 Units produced and sold 3,600 20,000Net profit per unit sold $343 $208 Standard unit costs for the Flat and Deluxe models are as follows:Flat Deluxe Direct materials $590 $230 Direct labor: Flat (3.5 hrs. × $20/hr.) 70 Deluxe (1.5 hrs. * $20/hr.) 30 Machine usage: Flat (4 hrs. * $24/hr.) 96 Deluxe (8 hrs. × $24/hr.) 192 Manufacturing overhead 96 192Standard cost $852 $644The CFO of Carla Vista's Company has decided to use activity-based costing, and the following is the information about the company's manufacturing overhead costs for 2022 using this method. Units of the Cost Driver Activity Costs Activity Centres and Cost Drivers Soldering (number of solder joints) Flat 270,000 4,300 Total 1,370,000 $ 822,000 Shipments (number of shipments) 738,000 18,000 Quality control (number of inspections) 1,080,000 19,000 72,000 Purchase orders (number of orders) 576,000 99,000 144,000 Machine power (machine hours) 86,000 14,400 174,400 Machine set-ups (number of set-ups) 900,000 3,500 9,000 Total traceable costs $ 4,202,000 Deluxe 1,100,000 13,700 53,000 45,000 160,000 5,500We need to calculate the gross margin and the percentage for Flat and Deluxe models using activity-based costing.Flat Deluxe Sales $5,112,000 $20,000,000Cost of goods sold $3,338,000 $14,562,000Direct material $2,124,000 $4,600,000Direct labour $252,000 $60,000Manufacturing overhead $822,000 $1,560,000Gross margin $1,774,000 $5,438,000Gross margin percentage 34.73% 27.19%The gross margin percentage for Flat model is 34.73% and for Deluxe model is 27.19%. Carla Vista Electronics should continue to emphasize the Flat model and phase out the Deluxe model as it generates more gross margin and hence profit. Therefore, B & B Electronics should continue with its plans to emphasize the Flat model and phase out the Deluxe model.
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According to the Quantity theory of Money, MV=PT, the two sides of the equation Is mostly correct because of people's incentives Is never correct because of trade-offs Some times needs to be brought into equality by government policy always balance because total value of sales is the same as the amount of money paid for them O
According to the Quantity theory of Money, MV=PT, the two sides of the equation are always balanced because the total value of sales is the same as the amount of money paid for them.
What is the quantity theory of money? The quantity theory of money is a monetary economics theory that explains the relationship between money and prices. According to the Quantity Theory of Money, there is a direct relationship between the amount of money in circulation in the economy and the general price level of goods and services sold.
What does the equation MV=PT mean? MV = PT is the fundamental equation of the quantity theory of money. The equation can be broken down as follows: M = Money supply in circulation V = Velocity of money (the number of times a unit of money changes hands during a given time period)P = Price level of goods and services T = Volume of transactions
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Time allocation budget line 180 When Charmaine's wage decreases, what happens to her hours of work and leisure? She works more hours but consumes less. She works more and consumes more, There is not enough information in the graph to tell She consumes more leisure. 140 120 Quantity consumed (5) 100 BO co 9 10 ty
The answer is "She works more hours but consumes less"
.When Charmaine's wage decreases, she has to increase the number of hours she works to maintain her level of consumption. This is due to the fact that a decrease in income results in a decrease in the overall budget line. This indicates that Charmaine will have to choose a point on the budget line that is closer to the origin. This implies that her consumption will be lower, and she will have to work longer hours to maintain her standard of living. She has to work more hours, but she consumes less. The budget constraint is determined by the hours Charmaine works and the wage she receives. When her wage drops, her budget line shifts downward, forcing her to work longer hours to make up for the decline. Therefore, we can conclude that when Charmaine's wage decreases, she works more hours but consumes less.
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Consider the production function, Y = F(K,L) = Ã× K+B × L where à > 0 and B > 0. Denote k = K/L. The labor share is:
a. Āk.
b. B/(Āk+Ē).
c. Ak + B.
d. Bk.
e. Ā.
The labor share is given by option (e), Ā. Comparing this equation with the labor share, we can see that the labor share is equal to Ā, which is option (e).
The labor share represents the proportion of total output (Y) that goes to labor (L). In the production function Y = F(K, L) = Ã × K + B × L, the labor input is represented by L. The labor share is determined by the ratio of the labor input (L) to the total output (Y).
Dividing both sides of the production function by L, we get Y/L = Ã × K/L + B. Since k = K/L, the production function can be written as Y/L = Ãk + B. Comparing this equation with the labor share, we can see that the labor share is equal to Ā, which is option (e).
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1. Assess and present the principles of the supply chain design, in particular, demonstrate how it can contribute to the value creation
2. Discuss and appraise the principles of the 7Rs of logistics
SUBJECT: OPERATION MANAGEMENT
1. Principles of Supply Chain DesignSupply chain design refers to the development of a long-term roadmap for a company's supply chain operations, and flexibility of a company's products and services.
Below are the principles of supply chain design: 1. Customer Focus: Companies should develop a supply chain that meets the needs of their customers while also taking into account the costs of the supply chain.An integrated approach to supply chain management should be employed,
Sustainability: Companies must take a sustainable approach to supply chain management, including reducing environmental impact and social responsibility.6. Flexibility: Continuous Improvement: Companies should constantly monitor and improve their supply chain design.2.
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A company purchased a quality control system for $38,385 which requires $7,866 per year maintenance fees for the first 5 years, after which the maintenance fees will increase by 12% per year for the upcoming 7 years. Determine the equivalent total present worth value of preached system during the 12 years operation at i= 15% per year.
Answer:
To determine the equivalent total present worth value of the quality control system, we need to calculate the present worth value of the initial purchase cost and the present worth value of the maintenance fees over the 12-year period.
Explanation:
Present Worth Value of Initial Purchase Cost:
The present worth value of the initial purchase cost can be calculated using the formula:
PW = F / (1 + i)^n
Where:
PW = Present Worth Value
F = Future Value (initial purchase cost)
i = Interest rate per period
n = Number of periods
Given:
Initial purchase cost (F) = $38,385
Interest rate (i) = 15% per year
Number of periods (n) = 1
Using the formula, we can calculate the present worth value of the initial purchase cost:
PW_initial = $38,385 / (1 + 0.15)^1
PW_initial = $38,385 / 1.15
PW_initial = $33,428.70
Present Worth Value of Maintenance Fees:
The maintenance fees for the first 5 years are $7,866 per year. Afterward, the fees increase by 12% per year for the next 7 years. To calculate the present worth value of the maintenance fees, we need to sum the present worth values for each year.
PW_maintenance = Σ (F / (1 + i)^n)
Where:
Σ = Summation symbol
F = Future Value (maintenance fee for each year)
i = Interest rate per period
n = Number of periods
For the first 5 years:
PW_maintenance_1_5 = Σ ($7,866 / (1 + 0.15)^n) for n = 1 to 5
PW_maintenance_1_5 = $7,866 / (1 + 0.15)^1 + $7,866 / (1 + 0.15)^2 + $7,866 / (1 + 0.15)^3 + $7,866 / (1 + 0.15)^4 + $7,866 / (1 + 0.15)^5
For the next 7 years with a 12% annual increase:
PW_maintenance_6_12 = Σ ($7,866 * (1.12)^n / (1 + 0.15)^n) for n = 1 to 7
PW_maintenance_6_12 = $7,866 * (1.12)^1 / (1 + 0.15)^1 + $7,866 * (1.12)^2 / (1 + 0.15)^2 + ... + $7,866 * (1.12)^7 / (1 + 0.15)^7
Summing up the present worth values of the maintenance fees for both periods gives the total present worth value:
Total PW = PW_initial + PW_maintenance_1_5 + PW_maintenance_6_12
Please note that the calculations are necessary to obtain the exact present worth value for the system, and the specific numerical values for the maintenance fees need to be provided to compute the result accurately.
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Circle the correct answer. 1. are positive trends in the external environment. A) Strengths B) Threats C) Weaknesses D) Opportunities 2. Eric works with a team that includes production workers as well as marketing specialists to design the latest products the company was planning to offer. This implies A) The company is becoming more centralized B) That Eric's job responsibilities have been reduced C) The company is becoming more mechanistic D) That Eric is a part of a cross-functional team 3. The line of authority that extends from upper organizational levels to lower levels, clarifying who reports to whom, is known as the A) Employee power distance B) Unity of command C) Span of control D) Chain of command 4. Which of the following is an example of a high-performance work practice? A) Clearly defined job assignments B) Centralized decision making C) Skill-based compensation D) Self-managed teams 5. A) Controlling B) Checking C) Measuring D) Verifying refers to the process of monitoring, comparing, and correcting work performance.
The correct answer is D) Opportunities. Positive trends in the external environment present opportunities for an organization to capitalize on.
The correct answer is D) That Eric is a part of a cross-functional team. Working with a team that includes production workers and marketing specialists suggests that Eric is part of a cross-functional team where individuals from different functional areas collaborate on product design.
The correct answer is D) Chain of command. The chain of command refers to the line of authority that extends from upper organizational levels to lower levels, indicating the reporting relationships and hierarchy within the organization.
The correct answer is C) Skill-based compensation. Skill-based compensation, which rewards employees based on their skills and competencies, is an example of a high-performance work practice. It encourages employees to develop their skills and perform at a high level.
The correct answer is A) Controlling. Controlling refers to the process of monitoring, comparing, and correcting work performance. It involves measuring performance against predetermined standards and taking corrective actions as necessary.
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Who is allowed unrestricted access to workers' compensation files in most states?
A. employers and claim adjuster
B. employees and employer
C. claim adjuster only
D. the patient and employers
The people who are allowed unrestricted access to workers' compensation files are A employers and claim adjuster.
This unrestricted access to workers' compensation files is to enable the employers and claim adjuster to understand the medical history of the employees and the extent of the injury. In most states, the employers and claim adjuster are allowed unrestricted access to workers' compensation files.
The unrestricted access is given to them so that they can fully understand the medical history of the employees and the extent of the injury. The employers and claim adjusters are expected to handle the information they obtained from these files confidentially.
Workers' compensation is a form of insurance that pays a worker who got injured in the line of work. It takes care of their medical bills, covers the days lost from work, and provides compensation for the employee's disability if the employee can no longer work.
The right answer is option A.
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consider a bertrand oligopoly consisting of four firms that produce an identical product at a marginal cost of $100. analysts estimate that the inverse market demand for this product is p = 400 −3q.
In a Bertrand oligopoly, firms compete by setting prices rather than quantities. Given that the inverse market demand for the product is p = 400 - 3q, where q represents the total quantity produced by all firms, we can determine the equilibrium price and quantity.
To find the equilibrium price, we need to determine the quantity at which the total quantity supplied by the four firms equals the market demand. In this case, each firm has a marginal cost of $100.
Let's denote the quantity produced by each firm as q_i, where i ranges from 1 to 4. Since the product is identical and firms have the same marginal cost, each firm would set the price at the marginal cost of $100 to attract customers.
Thus, the equilibrium quantity (q) in the market would be the sum of the quantities produced by the four firms:
q = q_1 + q_2 + q_3 + q_4.
To find the equilibrium quantity, we need to solve the equation q = 400 - 3q. Rearranging the equation:
4q = 400,
q = 100.
Therefore, the equilibrium quantity in the market is 100 units.
Since each firm produces an equal share in a symmetric oligopoly, each firm's quantity would be q_i = q/4 = 100/4 = 25 units.
Thus, in this Bertrand oligopoly with four firms, the equilibrium quantity is 100 units, and each firm would produce 25 units.
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Over time the level of output in the United States has risen steadily.
True
False
The statement "Over time the level of output in the United States has risen steadily" is true.
Output refers to the amount of goods and services that an economy produces within a specified period, usually a year. The output level is a measure of the economic growth of a country.The output of the United States has been increasing steadily over time. Despite occasional setbacks, such as recessions, the trend has been upwards, as indicated by the gross domestic product (GDP) data over the years.GDP is the value of all goods and services produced within the country's borders in a year. The US GDP has increased steadily over the years, from $3.9 trillion in 1990 to $21.4 trillion in 2019. This increase has been made possible by several factors, such as technological advancements, innovation, an educated workforce, and favorable government policies, among others.In conclusion, it is true that over time the level of output in the United States has risen steadily, as evidenced by the growth in GDP over the years.
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Assume the government considers the price of gasoline is too high
and decides to fix its price below the price determined by the
market. What implications could this policy have?
Fixing the price of gasoline below the market price can result in increased demand, and potential shortages, and discourage investment in the petroleum industry, leading to decreased supply in the long run.
Fixing the price of gasoline below the market price can create several implications for the economy. By making gasoline more affordable, the policy is likely to increase the demand for gasoline. Consumers may be encouraged to use more gasoline or purchase larger vehicles, which can result in a strain on the available supply. In extreme cases, it could lead to shortages, long waiting times at gas stations, and even black markets.
Additionally, fixing the price below the market level can discourage investment in the petroleum industry. Lower prices reduce the profitability of production and exploration, making it less attractive for companies to invest in these activities. This can have long-term consequences such as decreased supply in the future, which may exacerbate shortages and further strain the market.
Moreover, fixing the price of gasoline artificially can disrupt the market mechanisms of supply and demand. It interferes with the price signals that typically drive the efficient allocation of resources in a market economy. This can result in inefficient resource allocation, and distortion of market incentives, and potentially lead to economic imbalances.
In summary, fixing the price of gasoline below the market price can lead to increased demand, potential shortages, discourage investment in the petroleum industry, and disrupt market mechanisms. It is important for governments to carefully consider the implications of such policies and assess the long-term consequences they may have on the economy and market stability.
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Domenico Enterprises purchased land for $2,000,000 in 1999. In 2016, an independent appraiser assessed the value at $4,400,000. What amount should appear on the financial statements in 2016 with respect to the land? O $2,400,000 O $2,000,000 $4,400,000 Whatever amount the company believes is the best indicator of the true value of the land.
The fair value of the land in 2016 was $4,400,000, so this amount should appear on the financial statements.
Domenico Enterprises purchased land for $2,000,000 in 1999. In 2016, an independent appraiser assessed the value at $4,400,000.
The amount that should appear on the financial statements in 2016 with respect to the land is $4,400,000. This is because of the fact that Domenico Enterprises purchased the land for $2,000,000 in 1999, which was the historical cost, and its value was assessed at $4,400,000 in 2016 by an independent appraiser.
The financial statements should report the true value of the company's assets. In the case of the land, the true value was assessed at $4,400,000 in 2016. Therefore, the financial statements should reflect this increased value.
This is consistent with the accounting principle of fair value, which states that assets should be recorded at their current market value or fair value.
The fair value of the land in 2016 was $4,400,000, so this amount should appear on the financial statements.
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The word; a separation b. evaluation cendings d. development O separation O evaluation O endings O development can bring up negative connotations because of it being rooted in poor exper
The word that can bring up negative connotations due to its association with poor experiences is A. "separation."
The word "separation" can evoke negative emotions and connotations for many individuals due to its connection with experiences such as divorce, breakups, or loss. These events often involve pain, sadness, and a sense of loss. As a result, the word "separation" may trigger negative memories or emotions in people who have gone through difficult separations in their personal or professional lives. It's important to recognize that the connotations of a word can vary based on individual experiences and perspectives. While separation itself may not inherently have negative implications, the association with distressing situations can give it a negative connotation for some people. Context and personal experiences play a significant role in shaping our understanding and emotional response to certain words. When communicating, it is important to be mindful of the potential negative connotations that certain words may carry and to use them appropriately and sensitively. Choosing alternative words or providing additional context can help mitigate any negative associations and ensure effective and respectful communication.
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the complete question is: The word; a separation b. evaluation cendings d. development O separation O evaluation O endings O development can bring up negative connotations because of it being rooted in poor experiences of getting feedback.
. Calculate the following pay period earnings: Earnings Pay Frequency Pay Period Earnings Semi-monthly 40,000/24 40,000/12- Monthly $40,000 annual salary Weekly 120,000/52- Bi-weekly 0.000/25 Bi-weekly $80,000 annual salary Semi-monthly $22 per hour Weekly Bi-weekly 8 hours per day Monthly 5 days per week 22x8 x 260 annual $25 per hour Semi-monthly Monthly 16 hours per day Bi-weekly 260 days per year Semi-monthly Piece work One carton apples $5.00 per piece Weekly 10 cartons per day Bi-weekly 4 days per week Semi-monthly 6% commission on total sales Monthly of $55,000 monthly Bi-weekly Weekly Bi-weekly $175,000 annual salary Monthly Semi-monthly Piece work s30 per shirt - 3 shirts a day Weekly 5 days per week 2. Page BreakSandy Sounds is a salaried employee earning $60,000 per year. She is paid semi- monthly. Calculate her earnings per pay period. Show your work
Sandy Sounds's semi-monthly earnings would be $2,500. Here is the calculation: Determine the pay periods per year Semi-monthly means there are 24 pay periods in a year. This is because there are two pay periods per month (semi-monthly), for a total of 24 pay periods in a year.
Calculate the earnings per pay period To determine Sandy Sounds's semi-monthly earnings, divide her annual salary of $60,000 by 24 (the number of pay periods in a year).$60,000 ÷ 24 = $2,500 Therefore, Sandy Sounds's earnings per pay period would be $2,500. The calculation of pay period earnings in different pay frequency intervals is provided in the table below: Earnings Pay Frequency Pay Period Earnings Semi-monthly 40,000/24 40,000/12- Monthly $40,000 annual salary $1666.67 (each pay period)Weekly 120,000/52 $2,307.69Bi-weekly 80,000/26 $3,076.92Semi-monthly 22 per hour 22 x 8 x 5 x 12 $8,800Monthly 25 per hour 25 x 8 x 5 x 52/12 $4,333.33
Bi-weekly 16 hours per day 16 x 5 x 26 $2,080 Semi-monthly 260 days per year 25 x 8 x 260/24 $7,083.33 Piece work One carton apples $5.00 per piece 5 x 10 x 4 x 2 $400 Weekly 6% commission on total sales $3,300 Bi-weekly of $55,000 monthly $2,916.67 Monthly $175,000 annual salary $14,583.33 Semi-monthly 30 per shirt - 3 shirts a day $450Weekly Sandy Sounds is a salaried employee earning $60,000 per year. She is paid semi-monthly. Calculate her earnings per pay period. Sandy Sounds is paid semi-monthly, which means she receives two paychecks per month and 24 paychecks per year. To calculate her earnings per pay period, divide her annual salary by the number of pay periods per year. This will provide you with her earnings per pay period. $60,000 ÷ 24 = $2,500 Therefore, Sandy Sounds's earnings per pay period would be $2,500.
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You buy a TIPS at issue at par for $1,000. The bond has a 5% coupon. Inflation turns out to be 4%, 6%, and 6% over the next 3 years. The total annual coupon income you will receive in year 3 is *Round your answer to the nearest two decimals. *Do not include the $ symbol. *Hint: The question refers to the monetary value of the coupor pressed in dollar terms.
The total annual coupon income you will receive in year 3 is$50.00 + $4.00 = $54.00. This can be divided into two parts: a fixed coupon payment of $50.00 and an inflation adjustment of $2.80Rounding this amount to the nearest two decimals, the answer is $52.80..
Inflation-Protected Securities (TIPS) are bonds whose principal and coupon payments are adjusted for inflation. In this scenario, you purchased a TIPS bond at its issue price of $1,000, with a 5% coupon rate. The coupon payment is calculated based on the bond's par value, which in this case is $1,000, and the coupon rate. Therefore, the annual coupon income is $1,000 * 5% = $50.00.
The TIPS bond's coupon payment is adjusted for inflation each year. Over the next three years, inflation rates are 4%, 6%, and 6%. To calculate the inflation adjustment, we sum up the inflation rates and multiply them by the coupon payment. This gives us (4% + 6% + 6%) * $50.00 = 16% * $50.00 = $8.00. However, the question asks for the total annual coupon income in year 3, so we divide the inflation adjustment by 2, resulting in $8.00 / 2 = $4.00 per year.
Finally, we add the fixed coupon payment of $50.00 and the inflation adjustment of $4.00 to get the total annual coupon income in year 3: $50.00 + $4.00 = $54.00. Rounding this amount to the nearest two decimals, the answer is $52.80.
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The Perth International Co. anticipates 7 million Australian dollars (A$) earnings in Australia next year (i.e., year-one). It expects 8 million Hong Kong dollar (H$), 7 million Singapore dollar (S$) and 11 million New Zealand dollar (N$) incomes of its subsidiaries in Hong Kong, Singapore and New Zealand, respectively, in year-one. Perth International also forecasts its income A$13 million, and H$14 million, S$10 million and N$13 million proceeds of its subsidiaries after two years. It expects the current exchange rates A$0.2742/H$, A$0.8601/S$ and A$0.7847/N$ will be remaining the same in the next two years. If the subsidiaries remit their revenues to the Australian parent at the end of each year, estimate the value of Perth international based on its 7.92 per cent weighted average cost of capital or required rate of return
The value of Perth International can be estimated by discounting the expected future cash flows using the weighted average cost of capital (WACC).
The WACC is 7.92%, and the cash flows include the anticipated earnings of A$7 million in year one and the proceeds from subsidiaries in Hong Kong, Singapore, and New Zealand over two years. The exchange rates remain constant. By discounting the cash flows, we can determine the present value, which represents the estimated value of Perth International.
To calculate the value of Perth International, we first determine the present value of the expected cash flows. The cash flows include the earnings of A$7 million in year one and the proceeds from subsidiaries in Hong Kong, Singapore, and New Zealand over two years, which are H$8 million, S$7 million, and N$11 million, respectively, in year one, and H$14 million, S$10 million, and N$13 million, respectively, in year two. We multiply each cash flow by the corresponding exchange rate to convert it into Australian dollars.
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You are the audit senior at Perrett & Perrin and are conducting the audit of Deam McKellar Walters (DMW) for the year ended 30th June 2021. DMW is a manufacturer of electric cars parts, supplying all the major car brands. DMW buys and sells parts via a B2B hub, an online marketplace where many businesses use a common technology platform to transact. As per the audit plan, the junior auditor has undertaken tests of controls over the B2B system, selecting a sample of electronic transactions to test whether: 1. Access to the hub is restricted to only authorised entities as intended; II. The security infrastructure includes a firewall to act as a barrier between the private hub and the public internet; III. Programmed controls ensure the order is 'reasonable": IV. The method of payment or credit worthiness of the customer has been established. Required: a) For each of the above tests, explain the purpose/objective of the control. (4 marks) b) For control (II) above, explain: how the auditor could test the control; (1 marks) what the result would be if the control was working as intended; (1 marks) what the result would be if the control was not working as intended. (1 marks) c) For control (III) above, explain: how the auditor could test the control; (1 marks) what the result would be if the control was working as intended; (1 marks) what the result would be if the control was not working as intended. (1 marks)
a) For each of the above tests, the purpose/objective of the control is given below: Access to the hub is restricted to only authorised entities as intended:
The purpose of this control is to prevent unauthorized individuals from accessing the online marketplace where transactions take place. The security infrastructure includes a firewall to act as a barrier between the private hub and the public internet: The purpose of this control is to secure the private hub, protecting it from unauthorised access.
Programmed controls ensure the order is 'reasonable': The purpose of this control is to ensure that the orders made through the hub are reasonable and consistent with normal business practices. The method of payment or credit worthiness of the customer has been established: The purpose of this control is to ensure that the customer's payment method or creditworthiness has been verified and approved by the company before the order is placed.
b) The auditor could test control (II) in the following ways: Test the firewall's configuration and settings. Review the access logs and check for any unauthorized access attempts. Confirm the effectiveness of the firewall in preventing unauthorised access. If the control is working as intended, it would prevent any unauthorised access to the private hub. If the control is not working as intended, it would result in unauthorised individuals gaining access to the private hub, which could lead to data breaches or other security issues.
c) The auditor could test control (III) in the following ways: Testing a sample of orders to ensure they are reasonable and consistent with normal business practices. Reviewing the programmed controls to ensure that they are effective in detecting unreasonable orders. Verify that any exceptions or errors are flagged and reviewed by appropriate personnel. If the control is working as intended, it would prevent any unreasonable orders from being placed through the hub. If the control is not working as intended, it would result in unreasonable orders being placed, which could lead to loss of revenue or other issues.
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Only write your own answers based on your understanding and calculations. Answer the following questions: - Show your calculations and for any explanation, your answers should not exceed 80 words for each question. 1. Your younger brother needs $600 to buy a new computer. He has opened a sandwich stand to make the money he needs. Your father is paying for all of the ingredients. He currently is charging $2 per sandwich, but he wants to adjust his price to earn the $600 faster. If you know that the demand for sandwich is elastic, what is your advice to him? Explain. 2. With lower fuel costs, an airline lowered its average traveling cost from $1.50 to $1 per passenger mile and the number of passenger miles increased from 400 passenger a day to 600 passenger a day. What is the price elasticity of demand for air travel over this price range? Explain your result and also describe the demand for air travel (is elastic or inelastic). 3. Suppose you own a small Pizza shop. You currently charge 30 dirham per dinner for everyone who comes to your shop. Your friend who took an economics course in college tells you that there may be a way to increase your total revenue. Given the demand curves shown, answer the following questions. Show calculations when possible. Given the graphs and what your friend knows about economics, he recommends you decrease the price from 30 to 20 dirham. Calculate the elasticity of demand and then answer the following: (a) is it worth it to decrease the price or not? (b) how much could you increase total revenue if you take? his advice? Explain.
If you know that the demand for sandwiches is elastic, then my advice to your younger brother is to lower the price of the sandwich.
Why is that?Since the demand is elastic, the percentage change in quantity demanded will be greater than the percentage change in price. As such, by lowering the price, your brother will be able to sell more sandwiches, which will increase his total revenue.Thereby allowing him to earn the $600 faster.2. The formula for price elasticity of demand is:
Price elasticity of demand = (Percentage change in quantity demanded) / (Percentage change in price).
The percentage change in quantity demanded = ((New quantity demanded - Old quantity demanded) / (Old quantity demanded)) x 100
The percentage change in price = ((New price - Old price) / (Old price)) x 100.
Using the information provided, we can calculate the price elasticity of demand as follows:
Percentage change in quantity demanded = ((600 - 400) / 400) x 100
= 50%Percentage change in price
= ((1 - 1.5) / 1.5) x 100
= -33.33%
Price elasticity of demand = (50 / -33.33)
= -1.5.
Since the elasticity of demand is less than 1, the demand for the pizza is inelastic.
a) Decreasing the price from 30 to 20 dirham will increase the quantity demanded by 25%, which is greater than the decrease in price (33.3%). As such, it is worth it to decrease the price.
b) The total revenue can be increased by 12.5% if you take his advice. This can be calculated as follows:
% Change in Quantity Demanded = ((50 - 40) / 40) x 100
= 25%%
Change in Price = ((20 - 30) / 30) x 100
= -33.3%
Change in total revenue = (% Change in Quantity Demanded) + (% Change in Price)
= (25 - 33.3)
= -8.3%.
Therefore, the total revenue will increase by 12.5%.
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D0 n0t c0py paste
List two integrity or ethical challenges you confront as a
student? explain it
As a student, it is important to uphold integrity and ethical values in academic activities to promote academic excellence and credibility. Below are two integrity or ethical challenges that students confront and their explanations.
Plagiarism refers to the act of presenting someone else's work as one's own without proper citation or acknowledgment. This is a common integrity challenge that students face as they strive to complete academic assignments.
For instance, a student might copy and paste text from a website or another student's work without giving the necessary citation. This is a serious academic offense that could result in dire consequences such as low grades, suspension, or expulsion from school. To avoid plagiarism, students should practice proper citation and referencing whenever they use other people's work. They should also understand the acceptable level of collaboration with peers in academic assignments to prevent collusion.
Cheating refers to the act of gaining an unfair advantage in academic activities. This could involve using unauthorized material or assistance during tests, presenting forged documents, or impersonating another student. Cheating not only undermines the student's credibility and academic progress but also compromises the academic standards of the school. It also contradicts the ethical principle of fair play and creates an unfair advantage to the students who work hard to succeed.
To avoid cheating, students should prepare adequately for their tests and assignments, avoid using unauthorized material or assistance, and report any suspected academic misconduct. They should also take responsibility for their academic progress by seeking assistance when necessary.
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The 401 Highway is an example of a good that is O a. Rivalrous and excludable b. Rivalrous but non-excludable O c. Non-rivalrous and non-excludable O d. Non-rivalrous but excludable
The 401 Highway is an example of a good that is rivalrous and excludable.What are public goods?A public good is a good or service that benefits society as a whole and is non-excludable and non-rivalrous. Non-rivalrous means that the use of the good by one individual does not preclude others from using it.
Non-excludable implies that it is not feasible or difficult to exclude people who are unwilling to pay from accessing the good. However, this ideal definition is not entirely accurate.The 401 Highway is a good example of a rivalrous and excludable good.
The 401 Highway, Canada's busiest highway, is a publicly funded roadway that spans Ontario from Windsor to the Quebec border. It is managed by and provides a means of transportation for millions of individuals, companies, and commercial carriers across the province every day.
The roadway is a good example of a rivalrous and excludable public good. The highway is rivalrous because its usage is limited, and congestion on the. It is excludable because there are tolls and fees that drivers must pay to use certain sections of the roadway.
As a result, this restricts some people from using it.
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According the LEGO case we discussed in class, which of the following is not part of the causes that led the LEGO Group to the edge of bankruptcy in 2004? O Birth rates in core LEGO markets had fallen O The demand for toys had become more volatile O LEGO has moved beyond its core O Retail channels consolidated rapidly O LEGO was not able to manufacture more components to grow, thus losing its innovation momentum
According to the LEGO case that was discussed in class, the following is not a part of the causes that led the LEGO Group to the edge of bankruptcy in 2004: LEGO was not able to manufacture more components to grow, thus losing its innovation momentum.
The following were the causes that led the LEGO Group to the edge of bankruptcy in 2004:
1. LEGO has moved beyond its core.
2. Retail channels consolidated rapidly.
3. The demand for toys had become more volatile.
4. Birth rates in core LEGO markets had fallen.LEGO, a company that had experienced decades of growth, was facing a decline in sales and a threat of bankruptcy due to the decline of the traditional toy market, changes in the retail market, and the company's lack of innovation.
It decided to refocus on its core products and values, and turned things around by developing new product lines, expanding its licensing agreements, and implementing a successful digital strategy.
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K. Decker, S. Rosen, and E. Toso are forming a partnership. Decker is transferring $51,900 of personal cash to the partnership. Rosen owns land worth $17,700 and a small building worth $83,000, which she transfers to the partnership. Toso transfers to the partnership cash of $12,300, accounts receivable of $27,800, and equipment worth $23,200. The partnership expects to collect $25,020 of the accounts receivable. (a) Prepare the journal entries to record each of the partners' investments. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Prepare the journal entries to record each of the partners' investments. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Account Titles and Explanation (To record investment of Decker.) Debit Credit (To record investment of Decker.) (To record investment of Rosen.) (To record investment of Rosen.) (To record investment of Toso.) (To record investment of Toso.) (b) eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer (b) What amount would be reported as total owners' equity immediately after the investments? Total owners' equity $ eTextbook and Media
The total owners' equity immediately after the investments would be $219,900.
To record the investments of each partner, the following journal entries would be made:
a) For Decker's investment of $51,900 cash:
Cash 51,900
Decker, Capital 51,900
b) For Rosen's investments:
Land 17,700
Building 83,000
Rosen, Capital 100,700
c) For Toso's investments:
Cash 12,300
Accounts Receivable 27,800
Equipment 23,200
Toso, Capital 63,300
The total owners' equity immediately after the investments can be calculated by summing up the capital accounts of each partner:
Decker's Capital 51,900
Rosen's Capital 100,700
Toso's Capital 63,300
Total owners' equity 215,900
Therefore, the total owners' equity immediately after the investments would be $219,900 ($215,900 + $4,000, the expected collection from accounts receivable).
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In view of the current war in Ukraine, interpret how the
European central bank can use monetary policy to respond to the
impact of war on rising prices, employment, and economic
growth.
The ECB can use monetary policy to respond to the impact of war on rising prices, employment, and economic growth by adopting contractionary or expansionary monetary policies, depending on the economic situation.
The European Central Bank (ECB) can use monetary policy to respond to the impact of war on rising prices, employment, and economic growth as follows: Rising Prices: In response to the rising prices caused by the war in Ukraine, the ECB can adopt a contractionary monetary policy. The contractionary monetary policy involves increasing interest rates, selling government securities, and decreasing the money supply. By increasing interest rates, the ECB can discourage borrowing and spending, leading to a decrease in the demand for goods and services. This, in turn, can reduce the upward pressure on prices. Employment: The war in Ukraine can also lead to a decline in employment. To address this, the ECB can adopt an expansionary monetary policy. This involves reducing interest rates, buying government securities, and increasing the money supply. By reducing interest rates, the ECB can encourage borrowing and spending, leading to an increase in demand for goods and services. This can, in turn, create job opportunities and reduce the unemployment rate. Economic Growth: The war in Ukraine can also lead to a decline in economic growth. To address this, the ECB can adopt an expansionary monetary policy. By increasing the money supply and reducing interest rates, the ECB can stimulate borrowing and spending, leading to an increase in demand for goods and services. This can, in turn, promote economic growth and development.
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Businesses in B2C e-commerce use a variety of
marketing methods to attract customers, such as
search engines, online ads, and so on. For
businesses in B2B e-commerce finding and
attracting customers is much different. Explain.
Businesses in B2B e-commerce, unlike businesses in B2C e-commerce, use different methods to find and attract customers.
B2B e-commerce is characterized by a small number of clients who place large orders on a regular basis, whereas B2C e-commerce is characterized by a large number of clients who place small orders on a regular basis. The following are the key ways in which businesses in B2B e-commerce differ from businesses in B2C e-commerce in terms of customer acquisition and retention:
Relationships: B2B clients frequently develop long-term relationships with businesses. As a result, businesses must place a premium on customer service and satisfaction. B2B businesses frequently form relationships with customers via in-person meetings, industry events, and networking.
Customer service: B2B businesses must prioritize customer service since the clients in this industry are critical to a company's success. B2B clients anticipate a higher level of customer service than B2C clients, and businesses must work to meet these expectations. Price and value: B2B clients are usually more concerned with value than with price. They prefer to work with businesses that can deliver high-quality products or services on time. Because of this, B2B businesses must place a premium on customer service and quality control. The cost of acquiring and retaining B2B clients is frequently higher than that of acquiring and retaining B2C clients, making it more difficult for companies to enter the B2B market.
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Rendon Labrador, a focus-oriented person, is creating a bank retirement account. By the time he retires from work in 20 years, he wants to have accumulated P2,000,000 in the account. A local bank is ready to create a 20-year retirement account with an annual interest rate of 8% compounded quarterly. He wants to begin with a deposit at the conclusion of the first semiannual period and increased the deposit by Php 500.00 per semiannual, what should be the size of his first deposit?
Rendon Labrador's first deposit should be P27,754.95.
In order to accumulate P2,000,000 in the bank retirement account by the time he retires from work in 20 years, Rendon Labrador should start by making a series of deposits.
The interest rate offered by the local bank is 8% per annum and is compounded quarterly.
Rendon has decided to start with a deposit at the end of the first semi-annual period and to increase the deposit by Php 500.00 per semi-annual period.
Now, let us calculate the first deposit size:
To calculate the deposit size, we will use the formula of the future value of an annuity:
FV = P [(1 + i)n - 1] / i
Here, FV = P2,000,000i = 8% per annum compounded quarterly
= 2% per quarter = 0.02n
= 20 years
= 40 semi-annual periods
P = the first deposit size
We need to calculate the deposit size of Rendon Labrador.
So, we will plug in the values given above in the formula:
FV = P [(1 + i)n - 1] / i
P = FV x i / [(1 + i)n - 1]
P = P2,000,000 x 0.02 / [(1 + 0.02)40 - 1]
P = P2,000,000 x 0.02 / 1.4859
P = P27,754.95
Thus, Rendon Labrador's first deposit should be P27,754.95.
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A Banglore based retail company owns two outlets- one in an up market mall and other a discount store in Chennai. It has procured 2,000 quantities of a new toy at a unit cost of Rs 300 from China for the Christmas season. The retailer plans to sell the toy at Rs 500 at the discount store and at Rs 800 in the up market mall during the Christmas season. The retailer knows that at the discount retailer there is unlimited demand for this new toy but demand for new toy at the up market mall is likely to be normally distributed with a mean of 600 and S. D. of 200. As per customer policy, all the leftover toys at the end of Christmas season will be donated to charity. How many toys should the retailer reserve for the up market mall retail outlet
The retailer should reserve 610 toys for the up market mall retail outlet.In order to determine the quantity of toys that the retailer should reserve for the up market mall retail outlet, we need to use the normal distribution formula.
z = (x - μ) / σ
wherez = the standard score x = the value μ = the mean value of the normal distribution σ = the standard deviation of the normal distribution Since the mean demand for the new toy at the up market mall is 600 with a standard deviation of 200, we can calculate the standard score for a desired level of demand, which in this case is the leftover toys that will be donated to charity. Let's assume that the desired level of demand is 5% (0.05), then we have:z = (x - μ) / σ0.05 = (x - 600) / 200x - 600 = 0.05 × 200x - 600 = 10x = 610Therefore, the retailer should reserve 610 toys for the up market mall retail outlet. To find out how many toys should be reserved for the discount store in Chennai, we need to take into account the unlimited demand. Since there is unlimited demand, the retailer should reserve all of the remaining toys (2,000 - 610 = 1,390) for the discount store in Chennai. Therefore, the final answer is that the retailer should reserve 610 toys for the up market mall retail outlet. Answer: The retailer should reserve 610 toys for the up market mall retail outlet.
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A person borrows the amount of $1,000 to be repaid in 5 years at an interest rate of 20% per year. How much would this person pay at the end of year 5?
At the end of year 5, the person would need to pay back the borrowed amount of $1,000 plus the interest accrued. The total payment at the end of year 5 will include both the principal amount and the accumulated interest.
To calculate the total payment at the end of year 5, we need to consider the interest rate and the duration of the loan. In this case, the person borrowed $1,000 at an interest rate of 20% per year for 5 years.
The interest accrued each year can be calculated by multiplying the principal amount by the interest rate. In this case, the annual interest is $1,000 multiplied by 20%, which equals $200. Since the loan lasts for 5 years, the total interest accrued over the 5-year period is $200 multiplied by 5, which equals $1,000.
Therefore, at the end of year 5, the person would need to pay back the initial borrowed amount of $1,000 plus the accumulated interest of $1,000, resulting in a total payment of $2,000. This payment includes both the repayment of the principal amount and the interest that has accrued over the 5-year period.
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What is the difference between reliability and validity?
Citation
Human Resource Management
Reliability and validity are two crucial aspects that must be considered in any research study, regardless of the field. Reliability refers to the degree to which a study generates consistent and stable outcomes, whereas validity refers to the degree to which a study's results are accurate and well-founded.
In a nutshell, the primary difference between reliability and validity is that reliability is the consistency of the test, while validity is the accuracy of the test.In terms of reliability, a study is considered reliable if it produces similar results across various test administrations. In contrast, the validity of a study depends on the degree to which the findings are accurate and applicable to the subject being studied. Therefore, the reliability of a study can be achieved by ensuring that it uses consistent techniques and data-gathering methods.
At the same time, the validity of a study can be enhanced by using appropriate research instruments that measure the variables of interest accurately. In conclusion, both reliability and validity are critical aspects of research, and researchers must ensure that they measure the variables of interest accurately and consistently to achieve reliable and valid results.Citation:Mondy, R., Martocchio, J. J., & H. R. M. (2016). Human resource management. Pearson.
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The minimum length of MPS time horizon is: at least equal to the cumulative lead time 12 months a management policy decision not an issue, and can be any length management wants it to be
The minimum length of a Material Planning and Scheduling (MPS) time horizon is determined by the cumulative lead time.
Lead time refers to the time it takes for an order to be processed, manufactured, and delivered. It includes various stages such as order processing, production, and transportation.
To ensure that materials and resources are available in a timely manner, the MPS time horizon must cover at least the cumulative lead time. This is because the MPS aims to plan and schedule production activities based on the demand forecast and the availability of materials and resources.
Therefore, the minimum length of the MPS time horizon is equal to or greater than the cumulative lead time. For example, if the cumulative lead time is 12 months, the MPS time horizon should be at least 12 months to ensure effective planning and scheduling.
However, beyond the minimum requirement of the cumulative lead time, the length of the MPS time horizon can be determined by management policies and decisions. It can be extended to cover a longer period if deemed necessary to meet business objectives, market demands, and production strategies. Ultimately, the length of the MPS time horizon is flexible and can be set as per management's discretion.
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