The option that serves as a source of competitive advantage for a company and is the basis for the product differentiation that tends to dominate the industry is e. technical standard.
What is competitive advantage?A competitive advantage can be described as anything nwhich can provide a company an edge over its competitors, which do help them to it attract more customers and grow its market shareb however the competitive advantage can be achieved in these three primary forms which encompass the Cost advantage thtas involves the process of producing a product as well as providing a service at a lower cost than competitors.
In conclusion, In business, a competitive advantage can be perceiuved as the attribute that allows an organization to outperform its competitors, hence the product differentiation which can help in dominating the industry so as to achive the competitive advantage is technical standard.
Therefore, option E is correct.
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a process that is operating in the presence of assignable causes is said to be out of statistical control. true false
"A process that is operating in the presence of assignable causes is said to be out of statistical control" This statement is True.
Using statistical methods to eliminate the have an impact on of a selected issue that couldn't be removed or managed through the experimental design which will higher analyze the connection between variables.
Statistical procedure manipulation or statistical great manage is the application of statistical techniques to reveal and control the excellent of a manufacturing manner. This allows ensuring that the manner operates efficaciously, generating greater specification-conforming merchandise with less waste. statistical control Statistical strategies for excluding the influence of particular variables in the analysis. for example, if the data from a pattern survey showed a robust association between unemployment and scientific depression, one might need to manipulate for the impact of social elegance.Learn more about statistical control here: https://brainly.com/question/13842873
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on january 1, 2024, the highlands company began construction on a new manufacturing facility for its own use. the building was completed in 2025. the company borrowed $1,750,000 at 8% on january 1 to help finance the construction. in addition to the construction loan, highlands had the following debt outstanding throughout 2024:
The interest costs is $255,960.
What is the interest costs?the building was completed in 2025. the company borrowed $1,750,000 at 8% on january 1 to help finance the construction.
Average expenses, weighted:
1.01.2019 $900,000 x 12.12.2019 = $900,000
March 31: 1,500,000 $ multiplied by
9/12 = 1,125,000
June 30, $1,160,000 x 6/12 = $580,000
September 30: 900,000 multiplied by 312 is $225,000
December 31st $700,000 x 0/12 = $0
overall Average interest on general debt is $2,830,000, which is calculated as ($9,000,000 x 10%) + ($6,000,000 x 8%) = $1,380,000.
$1,380,000/$15,000,000 = 9.2%
interest costs:
Specific debt is $1,750,000 times 8%, or $140,000.
general debt = $630,000 times 9.2% equals $57,960
$255,960 is the
total capitalized interest.
The interest costs is $255,960.
The complete question is on january 1, 2024, the highlands company began construction on a new manufacturing facility for its own use. the building was completed in 2025. the company borrowed $1,750,000 at 8% on january 1 to help finance the construction. in addition to the construction loan, highlands had the following debt outstanding throughout 2024:
$9,000,000, 10% bonds
$6,000,000, 8% long-term note
Construction expenditures incurred during 2021 were as follows:
January 1 $900,000
March 31 1,500,000
June 30 1,160,000
September 30 900,000
December 31 700,000
Required:
Calculate the amount of interest capitalized for 2016 using the specific interest method.
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ap classroom questions - only for use by fellow teachers with accredited access to ap classroom. please respect. 4.4 mc questions 1. a student places a sample of a pure metal in a crucible and heats it strongly in air. data from the experiment are given in the table above. the final mass was determined after the sample was cooled to room temperature. which of the following statements related to the experiment is correct? a the mass of the sample decreased, so physical changes occurred as the metal first melted and then boiled out of the crucible. b the mass of the sample increased, so a chemical change occurred when bonds formed between the metal and another substance. c there was nothing for the metal to react with, so only a physical change could have occurred. d the sample was only heated, so neither a physical nor a chemical change occurred. 2. a student mixes 20.0g of white kcl crystals with distilled water in a beaker. after the mixture was stirred, no crystals are visible and the solution is clear. after several days, all of the water evaporates and white crystals are found in the beaker. which of following pieces of experimental evidence would best help the student to conf
The statement related to the experiment that is correct is b. The mass of the sample increased, so a chemical change occurred when bonds formed between the metal and another substance.
What is an experiment?A scientific experiment is any process in which measurements and tests are used to confirm or refute a hypothesis. A hypothesis is a proposition that appears to be true but has yet to be confirmed, from which an investigation can be developed. An experiment is a procedure that is carried out to support or refute a hypothesis, or to determine the efficacy or likelihood of something that has never been tried before.
In this case, a student places a pure metal sample in a crucible and vigorously heats it in air. After the sample had been cooled to room temperature, the final mass was determined. New substances are formed during a chemical change. To accomplish this, the chemical bonds of the substances are broken, and the atoms that make up the substances separate and rearrange themselves into new substances with new chemical bonds.
In conclusion, the correct option is B.
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36. Use the breakeven model to determine which of the statements below is TRUE according to the information provided in the table relating to three different locations considered for a new manufacturing facility LOCATION ANNUAL FIXED COSTS UNIT VARIABLE COSTS Site A $35,000 $15 Site B $30,000 $21 Sitec $20,000 $25 The breakeven point for Site A and B is 1500 units per year b. Choose site C if you are producing 1000 units per year c. Choose site C if you are producing more than 1500 units per year d. Site B is the desired location if the production rate is 833 units per year
Correct statement is, Choose site C if you are producing 1000 units per year. Option (b) is correct.
What do you mean by Variable cost?Costs that vary according on how much of a good or service a company produces are known as variable costs. The total of marginal costs across all units produced represents variable costs.
If production rate is 1000 units per year then,
Total cost for site A = Annual fixed cost + variable cost
= 35000 + 1000 × 15 = $50000
Total cost for site B = Annual fixed cost + variable cost
= 30000 + 21 × 1000 = $51000
Total cost for site C = Annual fixed cost + variable cost
= 20000 + 25 × 1000 = $45000
Hence, site C has lowest total cost for producing 1000 units. Therefore, it should be the new manufacturing facility.
Therefore, The correct option is (b), Choose site C if you are producing 1000 units per year.
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a consumer buys a printer for her computer and receives a money-back offer. to get the premium, she has to mail in a form requesting the money back from the manufacturer rather than the retailer. which of the following consumer-market sales promotion techniques is described here?
To get a premium , a consumer has to mail to manufacturer rather than retailer , this consumer- market sales promotion techniques is ---- A rebate
What is a sales promotion?
A promotion is a marketing strategy in which a company uses temporary campaigns and offers to increase interest and demand for its products and services. There are many reasons why companies run sales promotions (or "promotions"), but the number one reason is to increase sales. Promotions are one element of the promotion mix. The main elements of the promotion mix are advertising, personal selling, direct marketing and advertising/public relations.
Rebate sales promotion :A rebate is a type of purchase discount, an amount paid as a deferred rebate, return, or refund. This is a form of promotion used by marketers primarily as an incentive or supplement to product sales.
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purchased a $170,000 machine on january 1 of this year for $34,000 cash. a five-year note is signed for the balance. the note will be paid in five equal year-end payments starting on december 31 of this year.
The solution for the above query is same payments.
The required details for equal payments in given paragraph
buy price-cash= observe payable
observe payable divided with the aid of using PVA lookup
Interest expense:
(above solution X periods) - observe
Payable Payment in Full/Equal Payments. The charge will be the quantity required to pay the preliminary buy stability proven at the Cardholder's month-to-month billing declaration in complete all through the unique phrases period. Because of rounding, the very last charge can be much less than different payments.
The EMI quantity is calculated with the aid of using including the whole important of the mortgage and the whole hobby at the important together, then dividing the sum with the aid of using the quantity of EMI payments, that's the quantity of months all through the mortgage term.
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1. The people, procedures, hardware, software, data, and knowledge needed to develop computer systems and machines that can simulate human intelligence process include _____________, _______________, and _______________. a. learning, reasoning, self-correction b. learning, discipline, self-awareness c. reasoning, self-awareness, self-correction d. learning, reasoning, self-awareness
. A trial-and-error method of problem solving used when an algorithmic or mathematical approach is called .
"Learning, reasoning, and self-awareness" are among the people, procedures, equipment, software, data, and knowledge needed to create computer systems and computers that may replicate human intelligence.
Define the term process intelligence?Process intelligence is intelligence that has been methodically gathered to examine each step in an operational workflow or business process.
An organization can increase operational efficiency and detect bottlenecks with the aid of process intelligence. Process intelligence aims to give an organization reliable information about the work items that are currently in use, who is performing them, how long it takes to finish each task, how long the average waiting time is, and which of the bottlenecks are.By tracking and examining processes in the past or in the present, process intelligence technology can assist an organization in improving process management. Software for process intelligence is particularly helpful for managing and evaluating nonlinear processes with numerous dependencies.Thus, the people, processes, tools, gear, software, information, and knowledge required to build computer systems and computers that might replicate human intelligence include "learning, reasoning, and self-awareness."
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A tax for which the percentage of income paid in taxes decreases as income increases.
A progressive tax is one that is levied in such a way that the tax rate rises as the amount subject to taxation rises. A regressive tax is the inverse of a progressive tax in that the tax rate decreases as the amount subject to taxation increases.
A tax is a mandatory fee or financial charge imposed by a government on an individual or an organization in order to raise funds for public works projects that provide the best facilities and infrastructure.
Examples include general and targeted sales taxes, value-added taxes (VAT), taxes on all aspects of production or manufacturing, taxes on legal transactions, and customs or import duties.
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Flightline, the 4-year-old colt, was the talk of breeders’ cup weekend. How much is the horse, undefeated in six career starts, projected to fetch in his breeding career?.
Flightline. The Breeders' Cup weekend was all about the 4-year-old colt. The horse won the Breeders' Cup Classic by 814 lengths after going undefeated in six career starts. Flightline was valued at $184 million after owners sold a 2.5% stake in the horse for $4.6 million.
Horse racing, the sport of racing horses at high speeds, primarily Thoroughbreds with a rider astride or Standardbreds pulling a conveyance with a driver.
These two types of racing are known as flat racing and harness racing, respectively. The article quarter-horse racing describes racing on the flat with horses other than Thoroughbreds.
Horse racing is one of the oldest sports, and its basic concept has changed little over the centuries. It evolved from a simple contest of speed or stamina between two horses to a spectacle involving large fields of runners, sophisticated electronic monitoring equipment, and enormous sums of money, but its fundamental feature has always remained the same: the horse that finishes first wins.
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what does it mean to say that agile project management takes an iterative approach? select all that apply.
Agile project management is an iterative method of carrying out a project over the course of its existence. Multiple iterations or incremental steps toward the completion of a project make up iterative or agile life cycles.
What does it mean that an iterative process is used in agile project management?
A process that is iterative advances through continual improvement. A system is first attempted by a development team, which is aware of its shortcomings in some (possibly many) areas. The team then makes those adjustments repeatedly until the end result is satisfactory. An iterative method of project management is called agile project management. Due to the iterative nature of the process, a project advances through brief performance cycles that include planning, testing, and development.
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who cannot be considered a violator of fraud? a. a provider b. an employee of the provider c. anyone can be a violator of fraud d. a beneficiary
Anyone can be a violator of fraud .
The Netherlands Enterprise Agency takes preventing and combating fraud and other ethical lapses very seriously. Fraud or integrity violations of any type are unacceptable. Such actions erode trust in the government and the institutions it has chosen to monitor funding or legal and regulatory compliance. The Netherlands Enterprise Agency conducts an active anti-fraud and anti-integrity stance as a result. Using the form on this website, an outside party can report suspected fraud or integrity violations. You may carry it out in an anonymous manner.
The Dutch Prosecution Office will be informed of the claims by the Netherlands Enterprise Agency if inquiries indicate that there may be justifiable reasons for looking into the suspected fraud.
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4) how might food network marketers use social media to speed the adoption rate of a new television show?
Social media provides a great platform for marketers to connect to the the public of all categories that would in turn speed the adoption rate of a new television show.
What benefits do social networking sites provide?Billions of people use social media to communicate and exchange information. You have the freedom to engage with loved ones, discover new information, pursue new interests, and be entertained thanks to social media.
What outcomes does social media produce?However, children's use of social media can also be harmful to them since it can divert their attention, keep them from sleeping, and expose them to peer pressure, rumors, bullying, and unrealistic expectations of other people's life.
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When a company has both common and preferred stock, its ROE must be adjusted by ___________. (check all that apply)
1) subtracting preferred stock dividends from net income
2) adding the preferred stock dividends to net income
3) adding the preferred stock balance to to total stockholders' equity 4) subtracting the preferred stock balance from total stockholders' equity
When a company has both common and preferred stock, its ROE must be adjusted by subtracting preferred stock dividends from net income and subtracting the preferred stock balance from total stockholders' equity.
A measure of financial performance known as return on equity (ROE) is obtained by dividing net income by shareholders' equity. ROE is referred to as the return on net assets because shareholders' equity is determined by subtracting a company's debt from its assets.
The primary distinction between preferred and common stock is that common stock grants stockholders voting rights, whilst preferred stock does not. Preferred shareholders receive dividend payments prior to common shareholders since they have priority over the company's income.
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the process of planning and evaluating expenditures on assets whose cash flows are expected to extend beyond one year.
Capital budgeting is the process of planning expenditures on assets (fixed assets) whose cash flows are expected to extend beyond one year. Managers analyze projects and decide which ones to include in the capital budget.
A price range is a calculation plan, usually however not usually economic, for a described period, often 365 days or a month. A price range may additionally include expected income volumes and revenues, useful resource quantities together with time, charges and fees, environmental affects inclusive of greenhouse gas emissions, other affects, belongings, liabilities and cash flows. agencies, governments, households, and other organizations use budgets to specific strategic plans of sports in measurable phrases.
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which term describes a process that requires an organization to preserve and not alter evidence that may be used in court? this process can help ensure that normal data-handling procedures do not contaminate or even delete data that may be needed for a case. group of answer choices
The term that describes a process that requires an organization to preserve and not alter evidence that may be used in court is Legal hold. This process can help ensure that normal data-handling procedures do not contaminate or even delete data that may be needed for a case.
What is a legal hold?A legal hold otherwise refers to as a litigation hold, means the process by which organizations preserve potentially relevant information when litigation is pending or reasonably anticipated. By issuing a legal hold, organizations notify those in charge about their duty not to delete ESI or physical documents relevant to a case.
Therefore, the term for a process of preservation of evidence relating to a court case is called legal hold.
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The complete question goes thus:
which term describes a process that requires an organization to preserve and not alter evidence that may be used in court? this process can help ensure that normal data-handling procedures do not contaminate or even delete data that may be needed for a case. group of answer choices
A.
Admissibility
B.
Legal hold
C.
E-discovery
D.
Hash function
stockit, inc. issued 100,000 shares of the 1,000,000 shares authorized. stockit has repurchased 10,000 of its shares. the number of shares authorized represents the . (check all that apply.)
According to the question, the company have number of shares authorized represents the 1,000,000. At least one class of shares must exist.
What do you mean by the authorized share?Authorized capital refers to the most shares that a corporation is permitted to issue. The total amount of money that can be raised from the sale of those shares is capped by this, but the number of shares a corporation may issue is not restricted.
A company's authorized share structure identifies the many types, classes, and series of shares that it may issue.
Therefore, according to the question, the company have number of shares authorized represents the 1,000,000. At least one class of shares must exist.
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What are the two types of accrual accounting?.
Answer:
pros and cons are the 2 types of accrual accounting
Explanation:
if generic producers were able to produce a substitute for revlimid that reduced revlimid's sales by 60 percent, how much less revenue would celegne take in per year? instructions: round your response to one decimal place.
Celgene would take Approximately $4.8 Billion less in Revenue per year Step-by-step explanation Initial annual revenue = $8 billion Decrease in revenue = Initial revenue x 60% = $8 billion x 60% = 4.8 bn
What is revenue in businesses?
Revenue is the cash that a business generates via its operations. Depending on the accounting technique used, there are various ways to compute revenue. Sales made on credit will be counted as revenue for products or services delivered to the customer in accrual accounting. Revenue may be recognised in accordance with certain standards even though payment has not yet been made.
The cash flow statement must be examined in order to determine how effectively a business collects debts. Contrarily, cash accounting only counts sales as revenue when money has been exchanged. A "receipt" is a record of money given to a business. Even without income, receipts are possible.
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What is opportunity cost in short answer?.
Opportunity cost is the worth of the next-best alternative when a decision is made; it's what is given up.
What is opportunity cost and types?The apparent advantage of not selecting the next best alternative when resources are limited is known as the opportunity cost. Opportunity costs are not just financial or monetary costs. An opportunity cost is also the actual cost of lost productivity, lost time, or any other for-profit gain.
Opportunity cost is calculated as Potential Value - Actual Value of Selected Option. Let's imagine you chose to put $1,000 of your money into Company A. You would have made $1,500 if you had invested in Company B. You would enter the figures in the formula as follows: Advertisement.
The worth of the next greatest thing you forfeit everytime you make a choice is known as opportunity cost. The loss of potential gain from other options is what it is.
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What are 5 tips for using a checking account?.
There are 5 contemporary ways to use your checking account that don't involve writing any checks.
What are the 5 tips for using a checking account?The 5 tips for using a checking account are:
Step 1: Recede direct payments- Get paid on the same day it is issued without picking up or depositing a paper check.Step 2 : Manage your finances online- Your checking account serves as your financial hub, allowing you to monitor balances, transfer money between accounts, set up personal alerts, and much more.Step 3 : Make a debit card payment :You don't need to carry cash around in your wallet or frequently visit an ATM to enjoy the convenience of cash.Step 4 : On the fly, check your balance : To easily check your account balance anywhere, use the text banking feature or mobile banking app.Step 5 :Perform simple online payments :Pay your monthly bills using your bank account, including by setting up recurring payments.Nowadays, using a checking account for banking might be a key component of your financial strategy.To learn more about checking account, refer:
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how much of the $18,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2024, assuming the preferred stock is cumulative? what if the preferred stock were noncumulative?
A cumulative dividend is a right associated with positive favored shares of a company.
A fixed amount or a share of a share's par price should be remitted periodically to shareholders who personal these shares except regard to the company's revenue or profitability.
How do you calculate dividends paid to desired stockholders?Multiply the par price for the favored stock via the dividend percentage. For example, if the dividend share is 7.5 percent and the inventory was issued at $40 per share, the annual dividend is $3 per share.
For example, say that a desired stock had a par value of $100 per share and paid an 8% dividend. To calculate the dividend, you would need to multiply 8% via $100 (the par value), which comes out to an annual dividend of $8 per share. If dividend repayments are made quarterly, every charge will be $2 per share.
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https://brainly.com/question/18068539#SPJ4a company wants to provide security and incentive in its sales compensation plan. the sales job involves some missionary activities, but management also wants to encourage aggressive selling. what type of compensation plan should this company use
Salespeople who work for producers make cold calls to intermediaries and their clients in an effort to build goodwill and increase demand, but they don't take any orders.
What strategy does the business have in place to balance its internal strengths and weaknesses with potential external threats and opportunities in order to maintain a competitive advantage?In order to maintain a competitive position, a company must plan strategically for how it will balance its internal strengths and weaknesses with its external opportunities and threats.
Which of the following best justifies a business not placing a cap on a sales representative's prospective earnings?The reason there are no caps or restrictions on sales earnings is because the more a sales representative makes, especially if the earnings.
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which of the following reports is an output of a cost management information system? group of answer choices cash flow statement financial statement sales budget balance sheet
Cash flow statement is an output of a cost management information system. The cash inflow and outflow of a company's cash and cash equivalents are shown in a financial report
What are Cash flow statement?
The cash inflow and outflow of a company's cash and cash equivalents are shown in a financial report called the cash flow statement (CFS) (CCE).
The CFS measures a company's ability to efficiently manage its cash position, or how well it generates cash to pay its debts and fund its operating expenses.
The CFS is the third of the three primary financial statements, along with the balance sheet and the income statement.
The cash flow statement offers details on the operations, funding sources, and financial transactions of a corporation.
The CFS, also known as the statement of cash flows, helps creditors estimate how much cash is available (sometimes referred to as liquidity) for the company to cover operating expenses and pay off obligations.
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1. which of the following steps is considered the first step in the managerial decision-making process? gather information and perform a differential analysis. review, analyze, and assess the results of the decision. identify alternative courses of action. identify the objective of the decision. 2. an analysis that evaluates differential revenues and costs in order to determine the differential impact on income of two alternative courses of action is called analysis. horizontal vertical ratio incremental 3. costs are costs that have been incurred in the past, cannot be recouped, and are not relevant to future decisions. sunk historical product none of these choices are correct. 4. the revenue that is forgone from an alternative use of an asset, such as cash, is called . sacrificial revenue. an opportunity cost. an economic loss. none of these choices are correct.
The initial step in the solution process is problem identification, which calls for a closer look at the issue and an understanding of its root causes, decision-making process.
What is a decision-making process?You realize that you have to make a choice. Try to be as explicit as possible when describing the type of decision you must make. This first action is really important.
Gather crucial information about what is needed, the best sources of information, and how to get it before making a decision. This step involves both internal and external "effort." Some knowledge is internal, thus you'll search for it by evaluating yourself. A variety of sources, including the internet, books, other individuals, and other sources, provide further information.
You are prepared to select the course of action that seems best to you after assessing all the information that is available. Additionally, you have a few other choices. Your selection in Step 5 is likely to be correct.
Hence, Identification of the problem, which entails a closer examination of the issue and an understanding of its root causes, is the first step in the decision-making process.
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problem 26-10 calculating the cash budget here are some important figures from the budget of nasvhille nougats, incorporated, for the second quarter of 2022: april may june credit sales $ 328,000 $ 308,000 $ 368,000 credit purchases 136,000 159,000 184,000 cash disbursements wages, taxes, and expenses 44,800 12,300 63,800 interest 11,800 11,800 11,800 equipment purchases 88,000 166,000 0 the company predicts that 5 percent of its credit sales will never be collected, 20 percent of its sales will be collected in the month of the sale, and the remaining 75 percent will be collected in the following month. credit purchases will be paid in the month following the purchase. in march 2022, credit sales were $198,000, and credit purchases were $138,000. using this information, complete the following cash budget. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
The net cash flow in April is -$3,600, The net cash flow in May is $164,250 and The net cash flow in June is $91,000.
What is Net cash flow?
Net cash flow is the profit or loss in money over a time period. A company is said to have positive cash flow if, after paying all of its operating expenses, it still has cash left over. A company is said to have negative cash flow if it has to pay more in liabilities and obligations than it makes through operations. A negative cash flow simply indicates that the funds received for that time period were insufficient to pay the company's obligations during that time period. This does not imply that a company cannot meet all of its obligations.
April:
Cash receipts:
Credit sales from March ($198,000) = $198,000
Credit sales from April (25% of $328,000) = $82,000
Total cash receipts = $280,000
Cash disbursements:
Wages, taxes, and expenses = $44,800
Interest = $11,800
Equipment purchases = $88,000
Credit purchases from March ($138,000) = $138,000
Total cash disbursements = $283,600
Net cash flow = $280,000 - $283,600 = -$3,600
May:
Cash receipts:
Credit sales from April (75% of $328,000) = $246,000
Credit sales from May (20% of $308,000) = $61,600
Total cash receipts = $307,600
Cash disbursements:
Wages, taxes, and expenses = $12,300
Interest = $11,800
Credit purchases from April (75% of $159,000) = $119,250
Total cash disbursements = $143,350
Net cash flow = $307,600 - $143,350 = $164,250
June
Cash receipts:
Credit sales from May (75% of $308,000) = $231,000
Credit sales from June (20% of $368,000) = $73,600
Total cash receipts = $304,600
Cash disbursements:
Wages, taxes, and expenses = $63,800
Interest = $11,800
Credit purchases from May (75% of $184,000) = $138,000
Total cash disbursements = $213,600
Net cash flow = $304,600 - $213,600 = $91,000
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Budgeted sales for the first six months for Meixner Corp. are listed below: APRIL 7,000 JANUARY 6,000 FEBRUARY 7,000 MARCH 8,000 MAY 5,000 JUNE 4,000 UNITS: Meixner Corp. has a policy of maintaining an inventory of finished goods equal to 40 percent of the next month's budgeted sales. If Meixner Corp. plans to produce 6,000 units in June, what are budgeted sales for July? a. 3,600 units 1,000 units c. 9,000 units d. 8,000 units
Meixner Corp. has a policy of maintaining an inventory of finished goods. The budgeted sales for July is 9000 units.
Production Units = Sales+Desired ending inventory-Beginning inventory
6000 = 4000+X-(4000*40%)
Desired ending inventory = 3600
Budgeted sale for July = 3600*100/40 = 9000
Inventory is the raw materials used to produce items in addition to the goods that are to be had on the market. it is labeled as a modern-day asset on a company's balance sheet. The three varieties of inventory include uncooked substances, work-in-progress, and completed goods.
Inventory or inventory refers to the products and substances that a business holds for the final aim of resale, manufacturing or utilisation. stock control is a area often approximately specifying the form and placement of stocked goods.
Inventory refers to all the objects, goods, merchandise, and substances held by a business for promoting inside the market to earn a profit.
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When prices increase, the ______ inventory method tends to decrease a company's tax liability during a particular fiscal period relative to other inventory methods. (Enter one word per blank)
When prices increase, the last-in, first-out inventory method tends to decrease a company's tax liability during a particular fiscal period relative to other inventory methods.
What is last-in, first-outLast-in and first-out can be defined as an inventory method which implies that inventory that came in last into the warehouse should be the inventory that should be sold first.
Most companies tend to make use of this type of inventory method so as enables the last inventory to be out of the warehouse before the new inventory.
Therefore this last in, first out is an inventory method used my manufacturing companies.
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when firms in a market with free entry and exit experience economic losses, then: new sellers will enter the market, reducing average seller losses. some sellers will exit the market, reducing average seller losses. new sellers will enter the market, raising average seller losses. some sellers will exit the market, raising average seller losses.
In a market with open entry and exit, some sellers will leave the market when their companies suffer financial losses.
Explain about the Firm?One of the three essential components in the money's continuous circulation throughout the economy are businesses. They demand payment for goods and services while paying skilled workers a salary to provide them with an income. Additionally, they pay taxes to the government, and as a result, they gain from government spending in important areas.
Any form of business is a firm. A single proprietorship, partnership, limited liability company, or corporation are examples of firms. The word is a little more frequently connected to a partnership.
A company that sells goods and services for a profit, typically professional services, is referred to as a firm. On the other hand, a company is a business that engages in any activity that generates income through the sale of goods and services, which covers all business trades and structures.
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Blue skies aviation is a manufacturer of small single-engine airplanes. the company is relatively small and prides itself on being the only manufacturer of customized airplanes. the company’s high standard of quality is attributed to its refusal to purchase engines from outside vendors, and it preserves its competitive advantage by refusing to sell engines to competitors. to achieve maximum efficiencies, the company has organized itself into two divisions: a division that manufactures engines and a division that manufactures airplane bodies and assembles airplanes. consultants have estimated that:
Blue Skies Aviation is a manufacturer of small single-engine airplanes. Blue Skies aviation devides their organizational structure into 2 divisions: a division focused to manufacturing process of engines and a division to manufacture and assembles airplanes. Based on the estimation from consultants, it was known that Blue Skies customized airplanes' demand is given by P = 900,000 - 3,000Q. The cost for engine production process is Ce(Qe) = 6,000Qe² and the cost for assembling airplances is Ca(Qa) = 18,000Qa. Then:
The managers of each division should not given incentives to maximize each division's profit separately because each division optimium outputs are different and the maximum overall profit would not be met.To avoid this problem and to maximize the overall profit, Blue Skies Aviation should find the optimum overall output by calculating both costs and produce 51 airplanes.From the case, we have some informations:
P = 900,000 - 3,000Q ... (i)
Ce(Qe) = 6,000Q² ... (ii)
Ca(Q) = 18,000 ... (iii)
Based on the Profit formula, we know that:
Profit (π) = TR - TC ... (iv)
To achieve the maximum overall profit, Blue Skies aviation has to produce the optimum overall output which could make the derivative of profit formula equals to 0 (zero) or fulfill this condition:
π' = TR' - TC' = 0 ... (v)
Now, let's find the equation for total revenue:
TR = PxQ
TR = (900,000 - 3,000Q)Q
TR = 900,000Q - 3,000Q² ... (vi)
Let's find the optimum output for each division
For the manufacturing engines division, the optimum output should be:
π' = TQ(Qe)' - Ce(Qe)' = 0
[(900,000Qe - 3,000Qe²) - 6,000Qe²]/dQe = 0
[900,000Qe - 9,000Qe²]/dQe = 0
900,000 - 18,000Qe = 0
Qe = 50 units ... (vii)
For the manufacturing and assembling airplanes division, the optimum output should be:
π' = TQ(Qa)' - Ca(Qa)' = 0
[(900,000Qa - 3,000Qa²) - 18,000Qe]/dQa = 0
[882,000Qa - 3,000Qa]/dQa = 0
882,000 - 6,000Qa = 0
Qa = 147 units ... (viii)
It could be seen that the optimum outputs for both divisions are different. Hence, making either one of these outputs won't help Blue Skies to gained the maximum overall profit.
Now, let's find the optimum overall output by combining both costs by assuming that both divisions would make the same outputs (Q).
TC = Ca + Ce
TC = 18,000Q + 6,000Q² ... (ix)
The maximum overall profit for Blue Skies will be achieved when Blue Skies produce:
π' = TR' - TC' = 0
[(900,000Q - 3,000Q²) - (18,000Q - 6,000Q²]/dQ = 0
[918,000Q - 9,000Q²]/dQ = 0
918,000 - 18,000Q = 0
Q = 51 units .. (x)
Next, let's prove our findings by assuming that each airplane will need 1 engines to be assembled. Hence both divisions should produce the same amount of outputs:
Q1 = 50
π1 = (900,000Q - 3,000Q²) - (18,000Q - 6,000Q²)
π1 = (918,000(50) - 9,000(50)²)
π1 = 23,400,000
Q2= 147
π2 = (900,000Q - 3,000Q²) - (18,000Q - 6,000Q²)
π2 = (918,000(147) - 9,000(147)²)
π2 = -59,535,000
Q3 = 51
π3 = (900,000Q - 3,000Q²) - (18,000Q - 6,000Q²)
π3 = (918,000(51) - 9,000(51)²)
π3 = 23,409,000
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Complete Question:
Blue Skies Aviation is a manufacturer of small single-engine airplanes. The company is relatively small and prides itself on being the only manufacturer of customized airplanes. The company’s high standard of quality is attributed to its refusal to purchase engines from outside vendors, and it preserves its competitive advantage by refusing to sell engines to competitors. To achieve maximum efficiencies, the company has organized itself into two divisions: a division that manufactures engines and a division that manufactures airplane bodies and assembles airplanes. Consultants have estimated that: Demand for Blue Skies’ customized planes is given by P = 900,000 − 3,000Q. The cost of producing engines is Ce(Qe) = 6,000Qe2, and the cost of assembling airplanes is Ca(Q) = 18,000Q. What problems would occur if the managers of each division were given incentives to maximize each division’s profit separately?
What price should the owners of Blue Skies set for engines in order to avoid this problem and maximize overall profits?
A corporation issues for cash $1,000,000 of 10%, 20-year bonds interest payable annually, at a time when the market rate is 12%. The straight-line method is adopted for the amortization of bond discount or premium. What is true?he unamortized discount decreases from its balance at issuance date to a zero balance at maturity
The true is unamortized discount decreases from its balance at issuance date to a zero balance at maturity. It's because unamortized discount represents a deviation between the amount actually paid and the face value of a bond for it by investors.
Amortization can be described as the process of writing down the value of either a loan or an intangible asset. Amortization are used by such as financial institutions, to present a loan repayment schedule based on a specific maturity date. The amortization of bonds is a process where discounted amount or the premium is assigned to the payment of interest of each period of the validity of the bond.
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