Answer:
Her earning potential may INCREASE
Explanation:
Tina just completed a science degree and wants to continue to medical school. Her earnings potential may increase. Hence, option C is appropriate.
What is the earnings potential?Earning potential is the phrase used to describe the potential profits that shareholders may realize from holding a company, including dividend payments but also capital growth. In plenty of other words, it displays the most profit that a business may get. The manner of dividends is frequently distributed to investors.
The formula can also be thought of as predicted revenue with fewer expenses equaling profit potential. Gross margin %, also known as the ratio of profit to sales, is a metric that businesses use to assess the profitability of various products.
Let's start with the definition of earning potential (income potential): this is the sum of money you should be able to accumulate throughout a certain period. In other regards, this is a reference to your potential for financial gain.
Hence, option C is correct.
Learn more about the Earnings Potential here:
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How does the decline of industry contribute to budget deficits?
Answer:
The decline of industry decreases aggregate supply, but it also decreases aggregate demand, i.e. fewer workers = lower demand for goods and services. Since the government receives money form taxing both industries and households, if both industries' and households' income decreases, the government will receive less tax revenue. Less revenue results in higher deficit.
Explanation:
Sarah found success as an entrepreneur by employing a relationship marketing strategy. The goal of this strategy is to:_______
Answer:
work closely with existing customers to better satisfy their wants and needs.
Explanation:
Relationship marketing is simply the development, growth, and sustaining of long-term, cost-effective relationships with individual customers, suppliers, employees, and other partners for mutual benefit of parties involved. It emphasize is placed more in retaining or sustaining customers because new customers are more expensive compared to existing customers and can help an organisation have long-term, cost-effective links with individual customers for benefits between both sides.
When originally purchased, a vehicle costing $26,100 had an estimated useful life of 8 years and an estimated salvage value of $3,300. After 4 years of straight-line depreciation, the asset's total estimated useful life was revised from 8 years to 6 years and there was no change in the estimated salvage value. The depreciation expense in year 5 equals:
Answer: $5,700
Explanation:
First find the depreciation for the first 4 years.
= (26,100 - 3,300) / 8
= $2,850
Accumulated depreciation in year 4= 2,850 * 4 = $11,400
Net book value in year 4 = 26,100 - 11,400 = $14,700
Revised useful life means only 2 years are left.
New depreciation = (14,700 - 3,300) / 2 = $5,700
Chang Corp. has $375,000 of assets, and it uses only common equity capital (zero debt). Its sales for the last year were $550,000, and its net income was $25,000. Stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15%. What profit margin would the firm need in order to achieve the 15% ROE, holding everything else constant
Answer:
10.23%
Explanation:
Calculation for What profit margin would the firm need in order to achieve the 15% ROE, holding everything else constant
First step is to calculate the Net income
.15 = Net income/ 375,000
Net income=.15($375,000)
Net income= $56,250
Now let calculate profit margin using this formula
Profit margin = Net Income/Sales
Let plug in the formula
Profit margin= $56,250/$550,000
Profit margin= 0.1023*100
Profit margin=10.23%
Therefore the profit margin that the firm would need in order to achieve the 15% ROE, holding everything else constant is 10.23%
If a profit-maximizing monopolist faces a downward-sloping market demand curve, its:_________
Answer:
Marginal revenue is less than the price of the product
Explanation:
An organization or firm's labor demand curve is simply known to be the downward-sloping part of its marginal revenue product of labor curve.A profit-max monopolist will produce the same level of output at which marginal revenue is equal to marginal cost. . It always faces a downward sloping demand curve.
Monopoly is simply known as a market structure where there is a single seller producing a unique product.
If the demand curve for a single price monopolist always is a downward sloping straight line, then marginal revenue will be a straight line with a negative slope of twice the demand curve slope. If the monopolist's marginal revenue is greater than its marginal cost, the monopolist may increase profit by selling more units at a lower price per unit.
A firm's cash flow from financing activities includes: Select one: A. Cash paid for merchandise purchased B. Cash received from sale of investment in bonds C. Cash received as interest income D. Cash paid to reacquire treasury stock
Answer:
A firm's cash flow from financing activities includes:
D. Cash paid to reacquire treasury stock.
Explanation:
The cash paid to reacquire treasury stock is a financing cash outflow. It reduces the cash inflow from financing activities and forms part of the financing activities of the company under the Statement of Cash Flows. In this financial statement, cash flows are classified into three main groups or activities: operating activities, investing activities, and financing activities. This classification helps to define the source of the cash flow.
b. Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, what is the current weekly wage rate in the labor market?
Answer:
The current weekly wage rate in the labor market is:
$453.20
Explanation:
a) Data and Calculations:
The average hourly earnings of all employees in the United States stands at 11.33 U.S. dollars.
For 8 hours a day, this will translate to $90.64 ($11.33 * 8)
For 5 days a week, the wage rate will be $453.20 ($90.64 * 5) or ($11.33 * 40).
b) The above rate is for wage workers, who are usually paid per day or per week. For salaried workers, the rate will be much higher and with some ranges, since salaries are not based on the factor of hourly or weekly rates.
what is global economic resistance?
An investment project provides cash inflows of $645 per year for eight years.
Required:
a. What is the project payback period if the initial cost is $1,550?
b. What if the initial cost is $3,500? What if it is $5,300?
c. What is the project payback period if the initial cost is $1,800?
d. What is the project payback period if the initial cost is $3,500?
e. What is the project payback period if the initial cost is $5,300?
Explanation:
The length of time required to recover the cost of an investment. The payback period of a given investment or project is an important determinant of whether to undertake the position or project, as longer payback periods are typically not desirable for investment positions.
Calculated as:
Payback Period = Cost of Project / Annual Cash Inflows
project payback period if the initial cost is $1,800,
payback period = 2.79 years
project payback period if the initial cost is $3,500,
payback period = 5.43 years
project payback period if the initial cost is $5,300,
payback period = 0 years(never pays back)
The Chester Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expected salvage value at the end of 15 years is $4,090,000. What will the depreciation expense for this purchase (exclude all other plant and equipment) be for the second year of use
Answer: $2,454,000
Explanation:
Assuming a straight line depreciation for this asset, the year 2 (and every year) depreciation expense is;
= (Cost - Salvage value) / Useful life
= (40,900,000 - 4,090,000) / 15
= $2,454,000
A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is __________.
Answer:
4.5
Explanation:
Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.
Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.
Annual sales of a manufacturing company [tex]=\$180,000[/tex]
Inventory [tex]=\$40,000[/tex]
Inventory turnover ratio for the company = Sales/Inventory
[tex]=\frac{180,000}{40,000} =4.5[/tex]
A firm suffering economic losses decides whether or not to produce in the short run on the basis of whether A. total revenues cover total variable cost B. total revenues cover total fixed costs C. total revenues cover the sum of total fixed and total variable costs D. firms suffering economic losses will always shut down
Answer:
A. total revenues cover total variable cost
Explanation:
In the case of the shory run, if the price is more or equivalent to the avergae variable cost so the firm would continue to operate
That means
P = AR >= AVC
where,
P = Price
AR = Average revenue
AVC = average variable cost
Therefore as per the given situation, the option A is correct
hence, the same is to be considered
Advertisements masquerade as media content by:
A. persuading us to buy a product.
B. breaking crucial news stories.
C. being entertaining and funny,
Answer:A
Explanation:
Persuading is a way to to gain attraction
On May 1, Foxtrot Co. agreed to sell the assets of its Footwear Division to Albanese Inc. for $80 million. The sale was completed on December 31, 2021. The following additional facts pertain to the transaction: The Footwear Division qualifies as a component of the entity according to GAAP regarding discontinued operations. The book value of Footwear's assets totaled $48 million on the date of the sale. Footwear's operating income was a pre-tax loss of $10 million in 2021. Foxtrot's income tax rate is 25%. In the income statement for the year ended December 31, 2021, Foxtrot Co. would report:
Answer:
Foxtrot Co.
In the income statement for the year ended December 31, 2021, Foxtrot Co. would report:
the disposal (profit from disposal of division totaling $32 million) after operating pre-tax loss of $10 million and this will turn the operating pre-tax loss to a net pre-tax income of $22 million.
Explanation:
Proceeds from sale of assets of the Footwear Division = $80 million
Book value of Footwear's assets = $48 million
Gain from disposal = $32 million
Income Statement for the year ended December 31, 2021:
Footwear Division:
Operating Income (Loss) ($10,000,000)
Gain from disposal of division 32,000,000
Pre-tax income $22,000,000
Income tax (25%) 5,500,000
After-tax income $16,500,000
The refusal of the US Senate to ratify the ITO's charter "doomed" the International Trade Organization (ITO).
True or False
Read the Blumberg v. Ambrose case that begins on page 597 of the text (Chapter 17). Respond to the following questions: If an LLC was created, how is this case about the formulation of a partnership
Answer:
both persons worked together to create and monetize campDoc without compensation. Also at the part where percentage of equity ownership was discussed, Ambrose referred to blumberg as a co-founder
Explanation:
From this case, there was a formulation of a partnership. Both ambrose and blumberg had discussed how to maintain medical records digitally so as to reduce the amount of paperwork. Both persons collaborated and did so eventually. Blumberg was involved in testing and marketing the program while Ambrose was in charge of administrative affairs. Problems arose when Ambrose filed campDoc as a limited liability company with himself as the sole owner.
An LLC gives a business option where the business owner has owners liability protection against debt and also company action. This is a risk reducing option.
Partnership has two or more people coming together to start or run a business. The partners have complete liability.
A partnership was formed as both persons worked together to create and monetize campDoc without compensation. Also at the part where percentage of equity ownership was discussed, Ambrose referred to blumberg as a co-founder.
Last year Wei Guan Inc. had $625 million in sales, and it had $270 million in fixed assets that were used at 65% of capacity. In millions, by how much could Wei Guan's sales increase before it is required to increase its fixed assets?
Answer:
$336.54
Explanation:
Calculation for how much could Wei Guan's sales increase before it is required to increase its fixed assets?
Sales at 100% of capacity= $625/ 0.65
Sales at 100% of capacity= $961.54
Sales increase= $961.54 - $625
Sales increase= $336.54.
Therefore how much could Wei Guan's sales increase before it is required to increase its fixed assets is $336.54
Answer:
Oxygen levels stay above 15 percent starting 200 million years ago
Explanation:
3 Distinguish between value and price and define consumer surplus.
Answer:
Value is the benefit that a consumer could receive if they consume a certain type of goods or service. This value tend to be different between customers' situation.
Price is the amount of resources that the consumer need to sacrifice in order to obtain a certain type of goods or services.
The value of the products and services will determine the amount of money that the consumes willing to pay to acquire them. Most consumers are not willing to make a purchase if the price exceeds the perceived value.
A consumer surplus will occur if the amount of price that the consumers spend to purchase that goods is lower compared to the amount of price that they're willing to pay based on the value.
Western National Bank is considering opening a drive-thru window for customer service. Management estimates that customers will arrive at the rate of 15 per hour. The teller who will staff the window can service customers at the rate of one every three minutes. The average number in the waiting line is
Answer:
9 minutes
Explanation:
The average waiting time in line, w, is given by the formula
w = a / u(u - a)
Where,
w = average waiting time in line
a = rate of customers per hour
u = rate at which customers are being serviced.
The rate at which customers are being serviced is 1 in every 3 minutes, and if we convert minute to hour, we end up with 20 in every hour. So, on solving
w = 15 / 20(20 - 15)
w = 15 / 20(5)
w = 15 / 100
w = 0.15 hour.
On converting this back to minutes, we multiply by 60 and have
0.15 * 60 = 9 minutes
Therefore, the waiting time is 9 minutes
Use the following information to calculate cash received from dividends: Dividends revenue$31,300 Dividends receivable, January 1 2,900 Dividends receivable, December 31 4,000 Multiple Choice $32,400. $31,300. $27,300. $34,200. $30,200.
Answer:
$30,200
Explanation:
Calculation for the Cash received from dividends
Cash received from dividends = $31,300 − ($4,000 − $2,900)
Cash received from dividends =$31,300-$1,100
Cash received from dividends = $30,200
Therefore the Cash received from dividends will be $30,209
Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2600 cookware sets for $220 each in April and 3000 cookware sets for $235 each in May. Sales are 25% cash and 75% on account. Compute the total budgeted sales for May.
Answer:
the budgeted sales for the may month is $705,000
Explanation:
The computation of the budgeted sales for the may month is as follows;
= Expected sales units in may month × price for each set
= 3,000 cookware sets × $235
= $705,000
hence, the budgeted sales for the may month is $705,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The non-institutional civilian population is 200 million, of which 140 million are employed and 10 million are unemployed. Based on the information above, the unemployment rate is:______
Answer:
6.67%
Explanation:
The unemployment rate is computed by dividing the number of unemployed with the total number of people in labor force multiplied with 100. I.e
= ( Unemployed / Total number of people in labor force ) × 100
Given that;
Number of unemployed people = 10 million
Total number of people in labor force = 10million + 40 million = 150million
Therefore,
Unemployment rate = (10/150) × 100
Unemployment rate = 6.67%
Using the high-low method, the estimated variable cost per machine hour for utilities is:__________.
a) $2.50.
b) $6.00.
c) $3.38.
d) $6.17.
e) $4.22.
Question Completion:
The following information is available for a company's utility cost for operating its machines over the last four months.
Month Machine hours Utility cost
January 900 $5,450
February 1,800 $6,900
March 2,400 $8,100
April 600 $3,600
Answer:
Using the high-low method, the estimated variable cost per machine hour for utilities is:__________.
a) $2.50.
Explanation:
a) Data and Calculations:
Month Machine hours Utility cost
January 900 $5,450
February 1,800 $6,900
March 2,400 $8,100
April 600 $3,600
b) Highest and Lowest:
Month Machine hours Utility cost
March 2,400 $8,100
April 600 $3,600
Differences 1,800 $4,500
Estimated variable cost = $4,500/1,800 = $2.50
(4 pts) An inspecting and profiling web controller that costs $40,000 has a life of 8 years with a $5,000 salvage value. The estimated annual operating and maintenance cost is $3,700 per year. Use classical straight line depreciation to determine the annual depreciation at the end of year 5.
Answer: $4,375
Explanation:
Annual Depreciation at end of year 5 is the same as every year as this is classical straight line depreciation.
= (Cost - Salvage value) / Useful life
= (40,000 - 5,000) / 8
= $4,375
What are some of the shortcomings and difficulties associated with the regression model Disney made for its forecast for Frozen
Explanation:
Cultural- This paradigm focuses exclusively on a single region of culture. But this design is a societal restriction. Forecast-This method is predicted by the theatrical population, however the residential public is still not included. Such films that are released with Freezing are not taken into account by this template worldwide. But that lowers this movie's profits.Should Tana, a young entrepreneur who is launching a new line of environmentally friendly (green) cosmetics, sell through a physical store, catalog, or the Internet? Explain two key benefits of each channel for her business.
Answer:
A) Tana should sell through a hybrid, combining at least two channels in order to maximize her sales of the new line of environmentally friendly cosmetics. A physical store with internet selling will be most ideal in the modern world. The physical store should go for the local market, while the internet (e-commerce) sales efforts should target non-local markets.
B) Two key benefits of selling through a physical store, catalog, or the internet|:
a) Physical Store:
1. Shoppers engage directly with the green cosmetics and feel its physical appeal before making their purchase.
2. The presence of in-store associates of Tana and Tana herself will offer help to shoppers on any questions.
b) Catalog:
1. Now that catalog sales are becoming outdated, the use of this channel may engage consumers highly as they pay closer attention to the printed material.
2. Catalog can compliment e-commerce to target specific consumers based on market segmentation.
c) Internet:
1. With e-commerce, consumers are self-directed and make their purchases without outside influence and involvement. They do their researches to their satisfaction before committing to a buy decision.
2. Shopping can be done whenever and wherever the consumer finds it convenient. So, convenience of purchase is enhanced for customers.
Explanation:
Channels of sales and marketing have changed from mainly in-store, physical, or brick and mortar stores to e-commerce. Physical stores have their advantages and costs. Physical stores have comparatively higher costs than their non-store catalog and internet channels because physical store costs include rent, utilities, inventory, and staffing. By comparison, non-store retail outlets have eliminated rent and utilities and greatly reduced carried inventory and staffing. These days, catalogs are becoming extinct as a result of e-commerce, though catalogs can complement internet sales in a great way.
An office supply store open five days a week must determine the best inventory policy for boxes of copier paper. Weekly demand is nearly constant at 250 boxes. When orders are placed, the entire shipment arrives at once. The cost per box is $22, and the inventory holding cost is 30%. Orders are placed at a cost of $40 each, including preparation time and communication charges, and the lead time is two days. How often an order should be placed
Answer:
orders should be placed every 11.15 ≈ 11 days
Explanation:
we need to determine the economic order quantity:
EOQ = √[(2 x S x D) / H]
S = order cost = $40D = annual demand = 250 per week x 52 weeks = 13,000H = annual holding cost per unit = $22 x 30% = $6.60EOQ = √[(2 x $40 x 13,000) / $6.60] = 396.96 ≈ 397 boxes
total number of orders per year = 13,000 / 397 = 32.75 orders per year
number of days between orders = 365 / 32.75 = 11.145 days
who sets the minimum wage in ct
Answer:
governor lamont
Explanation:
i think but im not too sure
Which of these statements is correct with regard to the implementation of marketing objectives?
a. Brilliant marketing plans succeed even without proper implementation.
b. A lot of ongoing communication is involved when executing a plan.
c. Managers hold the power to decide and implement decisions rather than delegating it.
d. Implementation gauges the extent to which marketing objectives have been achieved during the specified time period.
Answer:
B). A lot of ongoing communication is involved when executing a plan.
Explanation:
The second statement regarding 'a lot of ongoing communication is involved when executing a plan' is the most correct regarding the implementation of marketing objectives. Effective communication is the most significant key to ensure that the plans are timely and efficiently executed, the tasks are divided and coordinated significantly, and the desired goals and objectives are achieved successfully. Thus, option B is the correct answer.
The Civil Rights Act of 1991 gave victims of discrimination the right to seek punitive damages from the firms that discriminated against them.
a. true
b. false
Answer:
a. true
Explanation:
Punitive damages are defined as exemplary damages that is awarded to a plaintiff in a lawsuit. It is aimed at punishing the defendant and detecting any future parties from engaging in the same behaviour.
The Civil Rights Act of 1991 is a United States labour law that allows civil rights groups to bring complaints by employees before a jury and not just a judge trial.
It discourage employee discrimination based on race, gender, religion, and ethnic considerations.
Punitive damages are allowed under this act to discourage employers from discriminating against employees
Answer:
a. true
Explanation:
Before the Civil Rights Act of 1991, it was hard for victims of discrimination to bring the case in front of a jury. It also expanded what is considered discrimination, e.g. sexual harassment discrimination against women. This law also limits the maximum punitive damages awarded to a victim to $300,000 for firms with more than 501 employees.
