why diversity in the workplace is so important? list at leastthree strategies that may lead to greater diversity practices inthe organization

Answers

Answer 1

Diversity in the workplace is important for several reasons, It promotes creativity and innovation,It fosters inclusivity ,It helps companies attract and retain top talent.



1. It promotes creativity and innovation: When people with different backgrounds and perspectives come together, they can generate new ideas and approaches that might not have been considered otherwise.
2. It fosters inclusivity and a sense of belonging: When employees feel that they are valued and included, they are more likely to be engaged and committed to their work.
3. It helps companies attract and retain top talent: By creating a diverse and inclusive workplace, companies can attract a wider pool of candidates and keep them on board.
There are several strategies that can lead to greater diversity practices in an organization, including:
1. Implementing diversity training: By providing training on diversity and inclusion, employees can learn about different cultures and perspectives, as well as how to communicate and work effectively with people from diverse backgrounds.
2. Creating a diverse hiring panel: By including people from different backgrounds on the hiring panel, organizations can ensure that they are considering a wide range of candidates and not just those who are similar to the existing workforce.
3. Fostering a culture of inclusion: By creating a workplace culture that values and respects different perspectives, organizations can create an environment where everyone feels valued and included. This can include things like providing opportunities for employees to share their experiences and perspectives, and promoting diversity and inclusion as core values of the organization.

For such more questions on diversity in the organization:

brainly.com/question/29304070

#SPJ11


Related Questions

D sold capital property in the current year for net proceeds of $900,000. The property has an adjusted cost base of $400,000. B received $100,000 at the time of the sale and a note for the balance to be paid in equal annual instalments over the following eight years. What is the minimum taxable capital gain to be reported in the current year?

Answers

The minimum taxable capital gain to be reported in the current year is $100,000.

Capital gains are calculated as the difference between the net proceeds from the sale of the property and the adjusted cost base of the property. In this case, the net proceeds are $900,000 and the adjusted cost base is $400,000. This results in a capital gain of $500,000.
However, B only received $100,000 at the time of the sale, with the balance to be paid in equal annual instalments over the following eight years. According to the Canada Revenue Agency, when a capital property is sold and the proceeds are received in instalments, the taxable capital gain is spread over the number of years the instalments are received.
Therefore, the minimum taxable capital gain to be reported in the current year is the amount received in the current year, which is $100,000. The remaining $400,000 will be reported as taxable capital gains in the following eight years.

For more question on instalments click on

https://brainly.com/question/11468274

#SPJ11

A 12-year bond paying 10% coupon semi-annually is selling for$874.50. What is the yield demanded by investors?

Answers

The yield demanded by investors for a 12-year bond paying 10% coupon semi-annually is 11.67%.

This can be calculated by using the formula:Yield = (Coupon Payment / Bond Price) * 100

Where:Coupon Payment = (10% * $1000) / 2 = $50Bond Price = $874.50So,Yield = ($50 / $874.50) * 100 = 5.72%

But since the bond pays semi-annually, we need to multiply the yield by 2 to get the annual yield:Yield = 5.72% * 2 = 11.44%Therefore, the yield demanded by investors for a 12-year bond paying 10% coupon semi-annually is 11.44%.Required yield is the minimum acceptable return that investors demand as compensation for accepting a given level of risk, especially in terms of fixed-income securities such as bonds. The interest rates on bonds are set by a consensus of buyers and sellers in the market.

For such more questions on yield demanded:

brainly.com/question/29666877

#SPJ11

PLEASE, In a paragraph of 150 words, Reflect on the critical thinking process and the steps involved. Discuss how this knowledge can or has helped you in your life and/ or your career?

For example, what do you think of the process? What did you learn from the process? Could it bring value to making decisions in your life or career? Would you use it in the future? Would you use it, or parts of it, in your everyday life? Have you used it in your everyday life? Do not write about the case itself, the decision you reached, or what you thought should or should not have happened relating to the case.

Answers

The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision.

How the critical thinking process helps me

The critical thinking process is a systematic and logical approach to problem-solving that involves several steps, including identifying the issue, gathering and analyzing information, evaluating options, and making a decision. As a person, critical thinking is useful to utilize this process in order to provide the most accurate and relevant responses to questions.

Personally, I find that the critical thinking process is an invaluable tool in both my personal and professional life. It has taught me to approach problems in a more organized and methodical manner, which has allowed me to make more informed and effective decisions.

Additionally, by applying critical thinking to everyday situations, I am better able to identify biases and assumptions and to evaluate arguments and evidence. Ultimately, the critical thinking process has enabled me to become a more analytical and logical thinker, and has provided me with a framework for making better decisions in all areas of my life.

Read more on  critical thinking here:https://brainly.com/question/3021226

#SPJ1

What are some of the organisational mechanisms that might be
considered when developing risk control plans? List seven.

Answers

Some of the organizational mechanisms that might be considered when developing risk control plans are: Clear communication, Documentation, risk response planning etc.

Some of the organizational mechanisms that might be considered when developing risk control plans are:

Clear communication: Ensuring that everyone involved in the project is aware of the potential risks and their roles in mitigating them.Risk assessment: Identifying potential risks and determining their likelihood and potential impact.Risk response planning: Developing strategies for reducing or avoiding risks.Monitoring and control: Keeping track of risks and their potential impact, and adjusting plans as necessary.Contingency planning: Developing plans for responding to unforeseen events or emergencies.Training and education: Ensuring that all personnel involved in the project are aware of potential risks and know how to respond to them.Documentation: Keeping detailed records of all risk management activities to help identify patterns and improve future risk management efforts.

By implementing these organizational mechanisms, a company can effectively develop and implement a risk control plan to reduce the potential impact of risks on the project.

For such more question on organizational:

https://brainly.com/question/25967211

#SPJ11

1. What is the function of an actuary? 2. a. Define the meaning of underwriting. b. Briefly explain the basic principles of underwriting. c. Identify the major sources of information available to underwriters. 3. Briefly describe the sales and marketing activities of insurers. 4. Explain the basic objectives in the settlement of claims.

Answers

1. An actuary is a professional who uses mathematics and statistics to assess the risk of various events.

2. Underwriting involves assessing the risk associated with a customer's application for an insurance policy and determining whether or not to provide coverage based on this risk.

3. It includes advertising, direct marketing etc.

4. To ensure that claimants receive the appropriate compensation.


1. An actuary is a professional who uses mathematics and statistics to assess the risk of various events, such as insurance claims and investments.
2. a. Underwriting is the process of assessing the risk of a potential customer's application for an insurance policy. b. Underwriting involves assessing the risk associated with a customer's application for an insurance policy and determining whether or not to provide coverage based on this risk. c. Major sources of information available to underwriters include medical records, driving records, credit reports, criminal background checks, and other public records.
3. Insurers engage in sales and marketing activities such as advertising, direct marketing, customer outreach, and customer education.
4. The basic objectives in the settlement of claims include ensuring that claimants receive the appropriate compensation in a timely manner and minimizing potential disputes or legal issues.

For such more question on statistics:

https://brainly.com/question/29316875

#SPJ11

Juan dela Cruz is going to help his brother who wants to open a food store. Juan initially believes that there is a 50–50 chance that his brother’s food store would be a success. Juan is considering doing a market research study. Based on historical data, there is a 0.8 probability that the marketing research will be favorable given a successful food store. Moreover, there is a 0.7 probability that the marketing research will be unfavorable given an unsuccessful food store.(a) If the marketing research is favorable, what is Juan’s revised probability of a successful food store for his brother? What is the revised probability of an unsuccessful food store for his brother?(b) If the marketing research is unfavorable, what is Juan’s revised probability of a successful food store for his brother? What is the probability of an unsuccessful food store for his brother?(c) If the initial probability of a successful food store is 0.60 (instead of 0.50), find the probabilities in parts (a) and (b).

Answers

A)The revised probability of an unsuccessful food store for Juan's brother is 0.273.B) The revised probability of an unsuccessful food store for Juan's brother is 0.778. C)If the initial probability of a successful food store is 0.60, the revised probabilities are 0.2,0.3,0.7

To solve this problem, we will use the Bayes' theorem. The Bayes' theorem states that P(A|B) = P(B|A)P(A) / P(B),
(a) If the marketing research is favorable, the revised probability of a successful food store for Juan's brother is:
P(Success|Favorable) = P(Favorable|Success)P(Success) / P(Favorable)
= (0.8)(0.5) / (0.8)(0.5) + (0.3)(0.5)
= 0.4 / 0.55
= 0.727
The revised probability of an unsuccessful food store for Juan's brother is:
P(Unsuccessful|Favorable) = 1 - P(Success|Favorable)
= 1 - 0.727
= 0.273
(b) If the marketing research is unfavorable, the revised probability of a successful food store for Juan's brother is:
P(Success|Unfavorable) = P(Unfavorable|Success)P(Success) / P(Unfavorable)
= (0.2)(0.5) / (0.2)(0.5) + (0.7)(0.5)
= 0.1 / 0.45
= 0.222
The revised probability of an unsuccessful food store for Juan's brother is:
P(Unsuccessful|Unfavorable) = 1 - P(Success|Unfavorable)
= 1 - 0.222
= 0.778
(c) If the initial probability of a successful food store is 0.60, the revised probabilities are:
P(Success|Favorable) = P(Favorable|Success)P(Success) / P(Favorable)
= (0.8)(0.6) / (0.8)(0.6) + (0.3)(0.4)
= 0.48 / 0.6
= 0.8
P(Unsuccessful|Favorable) = 1 - P(Success|Favorable)
= 1 - 0.8
= 0.2
P(Success|Unfavorable) = P(Unfavorable|Success)P(Success) / P(Unfavorable)
= (0.2)(0.6) / (0.2)(0.6) + (0.7)(0.4)
= 0.12 / 0.4
= 0.3
P(Unsuccessful|Unfavorable) = 1 - P(Success|Unfavorable)
= 1 - 0.3
= 0.7

For such more questions on revised probability:

brainly.com/question/28478629

#SPJ11

A financial manager is considering two projects, A and B. A is expected to add $2 million to profits this year while B is expected to add $1 million to profits this year. Which of the following statements is most correct?
A) The manager should select project A because it maximizes profits.
B) The manager should select the project that maximizes long-term profits, not just one year of profits.
C) The manager should select project A or he is irrational.
D) The manager should select the project that causes the stock price to increase the most, which could be A or B.

Answers

The most correct statement is B) The manager should select the project that maximizes long-term profits, not just one year of profits.

While project A may add more profits in the short term, it is important for the financial manager to consider the long-term profitability of both projects before making a decision. It is possible that project B may have a lower profit in the first year, but could potentially have higher profits in the long term.

Therefore, it is important for the manager to consider the long-term implications of each project before making a decision.

To know more about Profits click here:

https://brainly.com/question/15699405#

#SPJ11

Critical Thinking 2. Put yourself in the position of an entrepreneur who is developing a new product to introduce into the market (a new backpack). Briefly describe the product and each component of its value proposition. (3 Marks) (Minimum 250 words)

Answers

As an entrepreneur, my new product is a backpack designed specifically for college students. It is made of durable and waterproof materials, and features multiple compartments for organization, including a laptop sleeve and a separate section for textbooks. The backpack also includes a built-in USB charging port, allowing students to charge their electronic devices on the go.

The value proposition of this backpack consists of several components. First, it offers convenience and organization with its multiple compartments and built-in charging port. This allows college students to easily carry and access all of their necessary items, without having to worry about running out of battery power.

Second, the backpack is made of high-quality materials that are both durable and waterproof. This provides peace of mind for students, knowing that their belongings will be protected from damage or theft.

Third, the backpack is designed specifically for college students, with features that cater to their unique needs. This sets it apart from other backpacks on the market, and provides a more tailored and personalized product.

Overall, the value proposition of this backpack includes convenience, organization, durability, waterproofing, and a specific design for college students. As an entrepreneur, my goal is to offer a product that meets the needs and desires of my target market, and this backpack does just that.

Know more about value proposition here:

https://brainly.com/question/19488489

#SPJ11

"Our plan is to return to an office-centric culture as our baseline. We believe it enables us to invent, collaborate, and learn together most effectively," Amazon told employees in a memo.Evaluate the validity of the statement above in relation to its impact on the organisational performance of Amazon

Answers

The validity of the statement made by Amazon in relation to its impact on the organizational performance of the company can be evaluated by examining the potential benefits and drawbacks of an office-centric culture.

One potential benefit of an office-centric culture is the ability to collaborate and communicate more effectively with colleagues. In-person interactions can often lead to more productive and efficient meetings, brainstorming sessions, and problem-solving. This can in turn lead to improved organizational performance, as teams are able to work more cohesively and effectively towards shared goals.
Another potential benefit of an office-centric culture is the ability to learn together more effectively. In-person training and development opportunities can often be more engaging and impactful than virtual ones, leading to improved skills and knowledge among employees.
However, there are also potential drawbacks to an office-centric culture. Some employees may prefer the flexibility and autonomy that comes with remote work, and may be less satisfied or engaged in an office-centric environment. This could negatively impact organizational performance, as employee satisfaction and engagement are important drivers of productivity and success.

For such more question on organizational:

https://brainly.com/question/25922351

#SPJ11

b) Managers need to consider moving towards becoming a learning organisation if they want to improve employee performance. As an HR consultant in this merge, suggest a model that the organisation can implement in moving towards becoming a learning organisation. (10)

Answers

A learning organization is one that encourages and promotes learning and development at all levels. To move towards becoming a learning organization, managers should consider implementing a model such as the 4-E Learning Model.

This model is composed of four elements: Enabling, Experimenting, Exploring, and Extending.


Enabling refers to creating a supportive environment for learning and development, by providing resources and opportunities to learn.

Experimenting involves taking risks and challenging assumptions, while

Exploring means uncovering new knowledge and ideas to apply to existing processes.

Extending is the final element and is focused on applying the knowledge acquired from learning and experimentation to continuously improve employee performance.

By implementing this 4-E Learning Model, managers can move towards creating a learning organization which will ultimately lead to improved employee performance.

For such more question on organization:

https://brainly.com/question/25922351

#SPJ11

Using the Capital Asset Pricing Model, fully explain why, theoretically, publicly-traded corporations should not buy insurance. List and fully discuss four reasons why, in practice, corporations do buy insurance.

Answers

The Capital Asset Pricing Model (CAPM) is a financial model that is used to determine the required rate of return on an investment. The model is based on the assumption that investors are rational and that they will choose investments that have the highest expected return for a given level of risk.

One of the key implications of the CAPM is that, theoretically, publicly-traded corporations should not buy insurance. This is because the model assumes that investors are able to diversify their portfolios and therefore eliminate the need for insurance.

There are four main reasons why, in practice, corporations do buy insurance:

1. Risk reduction: Although the CAPM assumes that investors can diversify their portfolios, in reality, there are certain risks that cannot be diversified away. For example, a company may face risks related to natural disasters or lawsuits that cannot be diversified. By buying insurance, the company can reduce these risks.

2. Regulatory requirements: In some cases, companies may be required by law or by regulators to buy insurance. For example, companies may be required to buy liability insurance in order to protect against potential lawsuits.

3. Contractual obligations: Companies may also be required to buy insurance as part of contractual obligations. For example, a company may be required to buy insurance in order to obtain a loan or to enter into a business partnership.

4. Financial stability: Finally, companies may choose to buy insurance in order to ensure financial stability. By buying insurance, the company can protect against potential losses and ensure that it is able to continue operating in the event of a loss.

To know more about insurance refer to-

brainly.com/question/27822778#
#SPJ11

what kind of accountent are you if you are asked to do the following,
You are an Analyst for the professional service firm, BUSI 1043 LLP. Your firm specializes in providing a wide variety of internal business solutions for different clients. It is your first day on the job and a Manager in the Consulting area asks you for some help with an investment decision for one of your large clients, Big Spenders Inc.

Answers

If you are asked to provide an investment decision for a large client as an accountant, you are most likely a financial analyst. As a financial analyst, you would provide guidance and recommendations on financial strategies and investments to help the client meet their goals.


Financial analysts are responsible for analyzing financial data and providing recommendations to businesses and individuals about investment decisions. They are often employed by professional service firms, like BUSI 1043 LLP, to provide consulting services to clients on a wide variety of internal business solutions.

Financial analysts typically have a strong background in accounting, finance, and business, and use their knowledge and expertise to help clients make informed investment decisions.

Learn more about Accounting https://brainly.com/question/26690519

#SPJ11

Ferrari Plc received 8% BWP3,000,000 loan from financial institution on the 1 April 2020. The loan has an effective interest rate of 10.5% and redeemable at a premium Ferrari received the loan specifically to build a warehouse. Warehouse construction started on the 1 May 2020 and completed on the 28 February 2021 and was ready for use on the 28 February 2021. But the Ferrari only started using it on 1 April 2021.
REQUIRED
Calculate the total amount to be recorded as finance cost in Ferrar's incomes statements and compute how much should be capitalized in the statement of financial position for the year ended 31 March 2021.

Answers

The total amount to be recorded as finance cost in Ferrari's income statement for the year ended 31 March 2021 is BWP29,167 and the amount to be capitalized in the statement of financial position for the same period is BWP291,667.


Ferrari Plc received a BWP3,000,000 loan from a financial institution on 1 April 2020 with an effective interest rate of 10.5%. This loan was specifically taken out to build a warehouse, which construction started on 1 May 2020 and completed on 28 February 2021 and was ready for use on the same day. However, Ferrari only started using it on 1 April 2021.

To calculate the total amount to be recorded as finance cost in Ferrari's income statement, the total finance cost of the loan should be determined. Since Ferrari has only used the loan for a month, the total finance cost for the loan for the year ended 31 March 2021 will be the effective interest rate of 10.5%, multiplied by the loan amount of BWP3,000,000, multiplied by 1/12, which is equal to BWP29,167.

The amount to be capitalized in the statement of financial position for the year ended 31 March 2021 is the interest cost that was incurred during the period that the warehouse was constructed and ready for use. This is equal to BWP29,167 multiplied by 10 months, which is equal to BWP291,667.

know more about finance cost here

https://brainly.com/question/18152522#

#SPJ11

One of the purposes of a retirement plan is to accumulate retirement assets. Increases in retirement assets are a result of contributions by employers and employees as well as investment earnings on the retirement assets. Which of the following is correct regarding the investment management of retirement assets?
Question options:
The primary reason that employees are given the right to self-direct plan assets is to empower them
The employer cannot manage assets in a 401(k) plan
Employers can commingle assets from employees' retirement accounts and have the assets managed by a third-party asset manager or manage the assets in-house

Answers

One of the purposes of a retirement plan is to accumulate retirement assets. Increases in retirement assets are a result of contributions by employers and employees as well as investment earnings on the retirement assets -  Employers can commingle assets from employees' retirement accounts and have the assets managed by a third-party asset manager or manage the assets in-house. Therefore the correct option is C.

The correct answer is "Employers can commingle assets from employees' retirement accounts and have the assets managed by a third-party asset manager or manage the assets in-house." This is because employers have the option to either hire a third-party asset manager to oversee the investments of their employees' retirement accounts or manage the assets themselves.

While employees may have the option to self-direct their retirement assets, this is not the primary reason for the existence of retirement plans. Additionally, employers are allowed to manage assets in a 401(k) plan, as long as they follow the rules and regulations set forth by the Employee Retirement Income Security Act (ERISA).

Therefore the correct option is C.

For such more question on investment:

https://brainly.com/question/20360874

#SPJ11

You have been asked to assess the performance of a hedge fund and have collected the following information: (1) The hedge fund has delivered a compounded annual return of 16% a year, for the last 5 years. (2) During those 5 years, the average risk free rate was 4% but the risk free rate today is 2%. (3) The S&P 500 delivered a compounded price appreciation of 18% a year, during the five years, while delivering a dividend yield of 2% each year (4) The beta for the hedge fund was 0.80. Estimate the annual excess return that the hedge fund generated, over the last five years, using the CAPM.
Question 2 options: 0.80%
0.00%
-0.40%
-0.80%
-4.00%
None of the above

Answers

The annual excess return of the hedge fund over the last five years is 12.8%. The correct answer is none of the above.

The annual excess return of the hedge fund can be estimated using the Capital Asset Pricing Model (CAPM). The CAPM formula is:

ER = RF + β (RM - RF)

Where ER is the expected return, RF is the risk-free rate, β is the beta, and RM is the expected return of the market.

Given the information in the question, we can plug in the values to find the annual excess return:

ER = 2% + 0.80 (18% - 2%)

ER = 2% + 0.80 (16%)

ER = 2% + 12.8%

ER = 14.8%

The annual excess return of the hedge fund is 14.8%. However, we need to subtract the risk-free rate to find the excess return:

Excess return = 14.8% - 2%

Excess return = 12.8%

To know more about  CAPM click on below link:

https://brainly.com/question/28590164#

#SPJ11

8. Firm M and Firm N are related parties. For the past several years, Firm M's marginal tax rate has been 30 percent, and Firm N's marginal tax rate has been 21 percent. Firm M is evaluating a transaction that will generate $10,000 income in each of the next three years, Firm M could restructure the transaction so that the income would be earned by Firm N. Because of the restructuring, the annual income would decrease to $9.000. Should Firm M restructure the transaction?

Answers

Yes, Firm M should restructure the transaction so that the income would be earned by Firm N. This is because even though the annual income would decrease to $9,000, the overall tax savings would be greater due to Firm N's lower marginal tax rate.

Let's calculate the tax savings for both scenarios:

Scenario 1: Firm M earns $10,000 in each of the next three years at a marginal tax rate of 30%


- Total income: $10,000 x 3 = $30,000
- Total tax: $30,000 x 0.30 = $9,000
- After-tax income: $30,000 - $9,000 = $21,000

Scenario 2: Firm N earns $9,000 in each of the next three years at a marginal tax rate of 21%


- Total income: $9,000 x 3 = $27,000
- Total tax: $27,000 x 0.21 = $5,670
- After-tax income: $27,000 - $5,670 = $21,330

As we can see, the after-tax income in Scenario 2 is higher than in Scenario 1, even though the annual income is lower. Therefore, it would be beneficial for Firm M to restructure the transaction so that the income would be earned by Firm N.

You can learn more about marginal tax rate at

https://brainly.com/question/27961767

#SPJ11

Definition of Federal fundssold , Repurchased Agreement , Funds fund purchased and surplus?

Answers

Federal funds sold: These are the funds that are lent by one bank to another for a period of one day or less. The borrowing bank provides collateral in the form of government securities or other assets to the lending bank.

Repurchased Agreement: A repurchase agreement, also known as a "repo," is a contract in which one party sells a security to another party and agrees to repurchase it at a later date for a higher price. It is essentially a short-term loan with the security serving as collateral.

Funds fund purchased: This term is not commonly used in finance and may be a typo or miscommunication. It could potentially refer to the purchase of mutual funds or other investment vehicles.

Surplus: In finance, a surplus refers to an excess of assets or income over liabilities or expenses. It can also refer to the amount by which a government's revenues exceed its expenditures.

Learn more about Federal funds rate https://brainly.com/question/12138208

#SPJ11

Consider the following two investment opportunities: a stock fund and a bond fund with E(rS)=0.20, σS=0.3, E(rB)=0.12, σB=0.15.
The correlation coefficient between the two funds is 0.10. The risk free rate is 0.08.
You know that the slope of the optimal capital allocation line is 0.460.
If you require an expected rate of return of 0.22 on your investment on this optimal CAL, the standard deviation of your portfolio is ________.
(Please round your answer to the nearest third decimal place.)

Answers

The correlation coefficient between the two funds is 0.10. The risk free rate is 0.08. You know that the slope of the optimal capital allocation line is 0.460. If you require an expected rate of return of 0.22 on your investment on this optimal CAL, the standard deviation of your portfolio is 0.304.

The standard deviation of your portfolio can be calculated using the formula:

σP = (E(rP) - rf)/slope of CAL

Where σP is the standard deviation of the portfolio, E(rP) is the expected rate of return on the portfolio, rf is the risk-free rate, and the slope of the CAL is the slope of the optimal capital allocation line.

Plugging in the given values, we get:

σP = (0.22 - 0.08)/0.460

σP = 0.14/0.460

σP = 0.304

Therefore, the standard deviation of your portfolio is 0.304.

So, the correct answer is 0.304.

Learn more about standard deviation at https://brainly.com/question/30827769

#SPJ11

What marriott brand has deep roots in communities and iconic heritage that has garnered worldwide acceptance and trust?

Answers

Answer:

JW "Marriott" brand

Explanation:

Andrew is an excellent teacher providing tutoring services to University accounting students. The service is provided in a rental office space with waiting area and rooms for students to practice. Below is data from her accounts for the current six months:Fee per hour $ 150.00 per hourBreakeven sales in dollars $ 120,000 Total fixed expenses $ 45,000 What is the variable expense per hour?

Answers

in the mentioned scenario, the variable expense per hour is $149.625

A variable expense is a cost that changes in relation to a company's level of activity or production. This type of expense can increase or decrease based on various factors such as sales volume, production levels, or changes in pricing. Examples of variable expenses include raw materials, labor costs, and sales commissions.

For the above case, the variable expense per hour can be calculated using the formula:

Variable expense per hour = Fee per hour - (Total fixed expenses / Breakeven sales in dollars)

In this case, the variable expense per hour would be:

 $150 - ($45,000 / $120,000)  = $150 - $0.375 = $149.625

Therefore, it is concluded that the variable expense per hour is $149.625.

You can learn more about variable expense at

https://brainly.com/question/30191622

#SPJ11

Write a capital expense proposal for a new piece of equipment (you identify it) which is to be added to a medium sized skilled 100 bed facility. Be sure to include logic in your proposal and real to life dollar figures (you can estimate these figures/find them on the internet/ or contact vendors.

Answers

In order to propose a capital expense for a new piece of equipment for a medium-sized skilled 100-bed facility, it is important to include logic in your proposal and real-life dollar figures.

The first step is to identify the equipment that is needed. For this example, let's assume the equipment is a new X-ray machine.


The next step is to determine the estimated cost of the equipment. This can be done by researching similar machines on the internet, contacting vendors, and/or estimating figures.

For the purposes of this proposal, let's assume the cost of the X-ray machine is $50,000.


The next step is to determine the expected return on investment (ROI). This can be done by calculating the expected cost savings over a certain period of time.

For example, if the X-ray machine is expected to save $10,000 per year in labor and maintenance costs, the return on investment is 20%.


Finally, it is important to explain the logic of the proposal. The explanation should include the need for the new equipment, the expected cost savings, and the expected return on investment.

This will help the decision makers understand why the new equipment is necessary, and why the capital expense is a good investment.

In conclusion, in order to propose a capital expense for a new X-ray machine for a medium-sized skilled 100-bed facility, the estimated cost is $50,000, with an expected return on investment of 20%, and an explanation of the logic behind the proposal.

To know more about X-ray machine click on below link:

https://brainly.com/question/30686832#

#SPJ11

Using fundamental analysis, which of the two RMBS tranches is the riskier option? Ensure you derive and explain all the metrics. Profuse RMBS Nitrex RMBS Proportion of Interest Only Loans 35% 40% Proportion of P&I Loans – – CPR 20% 18.5% SMMR – – WAL 5.5 Years 7.5 Years Overcollateralisation 1.5x 0.5x LvR – – Arrears (90+ days) 0.75% 1.25% Owner-occupied Loans 65% 35% Investment Loans – –

Answers

The riskier option between the two RMBS tranches is the Nitrex RMBS.

This can be determined by analyzing the metrics provided and comparing them between the two tranches.

The proportion of interest-only loans is higher in the Nitrex RMBS, which means there is a higher risk of default as borrowers may not be able to afford the principal payments once the interest-only period ends.

The CPR, or conditional prepayment rate, is lower in the Nitrex RMBS, which means there is a lower likelihood of borrowers paying off their loans early and reducing the risk of default.

The WAL, or weighted average life, is longer in the Nitrex RMBS, which means there is a longer period of time for potential defaults to occur.

The overcollateralisation is lower in the Nitrex RMBS, which means there is less protection for investors in the event of defaults.

The proportion of owner-occupied loans is lower in the Nitrex RMBS, which means there is a higher risk of default as investment properties are generally considered riskier than owner-occupied properties.

Finally, the arrears rate is higher in the Nitrex RMBS, which indicates a higher likelihood of defaults.

Overall, the Nitrex RMBS has a higher level of risk based on the metrics provided.

To know more about prepayment rate click on below link:

https://brainly.com/question/28289926#

#SPJ11

how is simple interest different from compound interest?
A. compound interest is not paid on the principal, or initial deposit.
B. simple interest is paid on the original deposit plus any interest earned.
C. compound interest is only paid on the principal, or initial deposit.
D. Simple interest is only paid on the principal, or initial deposit.

Answers

Simple interest is frequently a fixed proportion of the outstanding sum financed or lent or given away over a defined time period. When present value builds up and is then added to the accumulated interest from earlier periods, borrowers are forced to pay duty on principal in addition to principal.

Why is compound interest different from simple interest?

On the principal, or original loan amount, of a loan, simple interest is calculated. Since compound interest is computed using that both original and the interest paid from previous periods, it is regularly alluded to as "credit on interest".

How does simple interest differ from compound interest?

What separates compound interest from simple interest? Simple interest just takes into account the principal for computing interest charges, but compound interest considers both the outstanding amount and all prior interest charged.

To know more about interest Visit:

https://brainly.com/question/29480777

#SPJ1

1. Calculate the direct cost of labor for a project team member using the following data: Hourly rate: $50/hr
Hours needed: 120 Overhead rate: 40% 2. Calculate the direct and total direct costs of labor for a project team member using the following data: Hourly rate: $50/hr Hours needed: 100 Overhead rate: 30%

Answers

Answer:

1. The direct cost of labor for a project team member is calculated by multiplying the hourly rate by the number of hours needed. In this case, the direct cost of labor is $50/hr x 120 hrs = $6000.

2. The direct cost of labor for a project team member is calculated in the same way as in question 1. In this case, the direct cost of labor is $50/hr x 100 hrs = $5000. The total direct cost of labor also includes the overhead rate.

To calculate the total direct cost of labor, we first need to calculate the overhead cost. The overhead cost is calculated by multiplying the direct cost of labor by the overhead rate. In this case, the overhead cost is $5000 x 30% = $1500.

The total direct cost of labor is the sum of the direct cost of labor and the overhead cost. In this case, the total direct cost of labor is $5000 + $1500 = $6500.


Conclusion:

The direct cost of labor for a project team member in question 1 is $6000, and the total direct cost of labor for a project team member in question 2 is $6500.

To know more about cost of labor

https://brainly.com/question/14671852

#SPJ11

The Manufacturing Overhead (MOH) is applied at the rate of TK. 4.5 per direct labour hour. During the period direct labour hours are 40,000 and the actual Manufacturing Overhead (MOH) is TK. 195,000/-
a) State whether the Manufacturing Overhead (MOH) is over applied or under applied and compute the amount of under or over applied Manufacturing Overhead (MOH). Marks: 2
b) If the cost of goods manufactured is TK. 750,000/- that includes applied MOH, compute the cost of goods manufactured which is adjusted for under/over applied MOH.

Answers

a) To determine whether the Manufacturing Overhead (MOH) is over applied or under applied, we need to compare the applied MOH and the actual MOH. The applied MOH is calculated by multiplying the direct labour hours by the MOH rate, which is TK. 4.5 per hour.

Applied MOH = Direct labour hours × MOH rate

= 40,000 hours × TK. 4.5/hour

= TK. 180,000

The actual MOH is given as TK. 195,000. Since the actual MOH is greater than the applied MOH, the MOH is under applied. The amount of under applied MOH is calculated by subtracting the applied MOH from the actual MOH.

Under applied MOH = Actual MOH - Applied MOH

= TK. 195,000 - TK. 180,000

= TK. 15,000

b) To compute the cost of goods manufactured which is adjusted for under/over applied MOH, we need to add the under applied MOH to the cost of goods manufactured that includes applied MOH.

Adjusted cost of goods manufactured = Cost of goods manufactured + Under applied MOH

= TK. 750,000 + TK. 15,000

= TK. 765,000

Therefore, the adjusted cost of goods manufactured is TK. 765,000.

Learn more about  Manufacturing Overhead at https://brainly.com/question/13312583

If a corporation has earnings per share of $5 and the marketprice of the share is $50, then the price-earnings ratio will be:Select one:a. 55 b. 0.1 c. None of the choices d. 10

Answers

If a corporation has earnings per share of $5 and the market price of the share is $50,The price-earnings ratio will be 10. Option D.

The price-earnings ratio (P/E ratio) is a measure of the value of a company's stock. It is calculated by dividing the market price of a share by the earnings per share (EPS).

In this case, the market price of the share is $50 and the EPS is $5.

To calculate the P/E ratio, we use the following formula:

P/E ratio = Market price of share / Earnings per share

Plugging in the given values, we get:

P/E ratio = $50 / $5

P/E ratio = 10

Therefore, the price-earnings ratio for this corporation is 10. Option D.

Learn more about Share at https://brainly.com/question/28392295

#SPJ11


Janice huffman has decided to start janice cleaning, a residential housecleaning service company. She is able to rent cleaning equipment at a cost of $600 per month. Labor costs are expected to be $50 per house cleaned and supplies are expected to cost $7 per house. Required determine the total expected cost of equipment rental and the average expected cost of equipment rental per house cleaned, assuming that janice cleaning cleans 10, 20, or 30 houses during one month. Is the cost of equipment a fixed or a variable cost? determine the total expected cost of labor and the average expected cost of labor per house cleaned, assuming that janice cleaning cleans 10, 20, or 30 houses during one month. Is the cost of labor a fixed or a variable cost? determine the total expected cost of supplies and the average expected cost of supplies per house cleaned, assuming that janice cleaning cleans 10, 20, or 30 houses during one month. Is the cost of supplies a fixed or a variable cost? determine the total expected cost of cleaning houses, assuming that janice cleaning cleans 10, 20, or 30 houses during one month. Determine the average expected cost per house, assuming that janice cleaning cleans 10, 20, or 30 houses during one month

Answers

Average expected cost per house:

If 10 houses are cleaned: $1,150 / 10 houses = $115 per houseIf 20 houses are cleaned: $2,200 / 20 houses = $110 per houseIf 30 houses are cleaned: $3,250 / 30 houses = $108.33 per houseWhat does "average cost per home" mean?

"Average cost" is the total cost of a set of items or activities divided by the number of items or activities. It gives an idea of how much it costs on average to produce or perform each item or activity. For example, if you produce 10 items at a total cost of $100, the average cost per item is $10. Similarly, if you perform a service 20 times at a total cost of $500, the average cost per service is $25. The average cost is useful in determining the overall efficiency and profitability of a business, as well as in making pricing decisions.

To learn more about cost, click

https://brainly.com/question/15135554

#SPJ1

Given the following linear programming problem: Max Z= 15x + 33y s.t. 3x - 5y = 20 2x - y = 4 What would be the values of x and y that will maximize revenue? A) x = 0; y= 0 (unbounded) B) x = 0; y=1 C) x = 5; y=0 D) x = 2; y=0 )

Answers

The correct answer is option D) x = 2; y=0. For the following linear programming problem: Max Z= 15x + 33y s.t. 3x - 5y = 20 2x - y = 4 , the values of x and y that will maximize revenue is x = 2; y=0

 To find the values of x and y that will maximize revenue, we need to solve the system of equations given by the constraints.
First, we can rearrange the second equation to solve for y in terms of x:
2x - y = 4
y = 2x - 4
Next, we can substitute this value of y into the first equation and solve for x:
3x - 5(2x - 4) = 20
3x - 10x + 20 = 20
-7x = 0
x = 0
Now we can substitute this value of x back into the equation for y to find the value of y:
y = 2(0) - 4
y = -4
However, this solution does not satisfy the constraints of the problem, so we need to find another solution.
One way to do this is to graph the constraints and find the point of intersection, which will give us the values of x and y that maximize revenue.
The graph of the constraints is shown below:
[graph]
The point of intersection is (2, 0), so the values of x and y that maximize revenue are x = 2 and y = 0.
Therefore, the correct answer is option D) x = 2; y=0.

For such more questions on linear programming problem:

brainly.com/question/28832891

#SPJ11

1) A company's current rutio is 13. If the company uses cash to retire notes payable due within one year, would this transaction increase or decrease the current ratio and return on annet ratio? *) Cu

Answers

A company's current ratio is 13. If the company uses cash to retire notes payable due within one year the transaction would increase the current ratio and decrease the return on asset ratio.

The current ratio is calculated as current assets divided by current liabilities. By using cash to retire notes payable due within one year, the company is decreasing its current liabilities, which would increase the current ratio. However, the return on asset ratio is calculated as net income divided by total assets. By using cash to retire notes payable, the company is decreasing its total assets, which would decrease the return on asset ratio.

For more such questions on current ratio, click on:

https://brainly.com/question/30401599

#SPJ11

"Contrast the various types of operating loans: Standard, nonrevolving, and revolving. Which is best suited for a cash grainfarm? A dairy farm? A large cattle feedlot? Why?"

Answers

A cash grain farm is best suited for a nonrevolving operating. A dairy farm is best suited for a standard operating.  A large cattle feedlot is best suited for a revolving operating.

Standard operating loans are typically used for short-term working capital needs and are used to finance operating expenses and other costs associated with farming. Nonrevolving operating loans are usually used to finance investments in farm land, facilities, and other long-term assets. Revolving operating loans are used to fund revolving debt such as the purchase of livestock, feed, seed, and fertilizer.

A cash grain farm is best suited for a nonrevolving operating loan since this type of loan is typically used to finance investments in farm land, facilities, and other long-term assets. A dairy farm is best suited for a standard operating loan since this type of loan is typically used to finance operating expenses and other costs associated with farming. A large cattle feedlot is best suited for a revolving operating loan since this type of loan is used to fund revolving debt such as the purchase of livestock, feed, seed, and fertilizer.

For such more question on cash grain:

https://brainly.com/question/29346157

#SPJ11

Other Questions
First, answer Part A. Then, answer Part B. to scive -x^(2)+3x+14=-(1)/(4)x^(2)+5 ystem into the bin labeled System Solutions. 1. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness and explain how each factor would affect your decision to move there. (5-10 sentences) Which of the following regulations would appear as part of a compliance plan for a financial institution?A. Defining conflict of interest mB, nutritional labelingC. Storage of eggs and poultry D. Use of toxic materials A company is looking into investing in renewable energies which would involved the following investement and expected cash flows :IICFInitial investment13,500,000Cash flow year 14,945,000Cash flow year 25,601,222Cash flow year 34,684,525From the BCR (benefit cost ratio) or PI (profitability index) point of vue, would you recommend this investment and why ? what is 7.5cm = to in mm? Question 1 1 pts Use the following functions to evaluate each expression f(x) = 1 x + 2 \g(x) = 3x + 7 a.) f (g(-2)) = [ Select] b.) g (f (1)) = [Select ] Why is a karyotype not an assurance that an unborn baby is normal? 1.AN ENTREPRENEUR NEEDS TO BE "INVENTIVE, CREATIVE, OPPORTUNISTIC AND PERSUASIVE. DO YOU AGREE TO THIS STATEMENT? WHY OR WHY NOT?2. IF YOU HAVE ENOUGH MONEY BUT NO PARTICULAR BUSINESS IN MIND, HOW CAN YOU GET ENOUGH INFORMATION ON BEST BUSINESS TO GO INTO? Use the excerpt from the poem "Late September" by Amy Lowell to answer the question.Warmth of earth, and cloudless windTearing off the husky rind,Blowing feathered seeds to fallBy the sun-baked, sheltering wall.In three to five sentences, explain how the poet uses figurative language to express meaning in this stanza. How does chapter 28 differ from other chapters in a lesson before dying HelpAnswer number 9 algebra 2Show work Write an Argument on What it Takes to Make a Difference use the articles provided to build your argument write at least 3 paragraphs including one counterpoint 1) brilliantio : How Can One Person Make a Difference in the World (With Examples) 2) Ten Reasons People Resist Change (by Rosabeth Moss Kanter)3) 10 Powerful Benefits of Change and Why We Should Embrace It (By Ani Alexander) what is the molarity of a solution that contains 6.71 moles of solute in 23.5 L of solution Reflective Inquiry:Diversity is gaining momentum in organisations all over the world. Employees at companies in emerging markets (China, Brazil and India) reported greater progress over the past several years than companies in developed markets. Hence, one can conclude that diversity adds value to the performance of an organization.As a Human Capital Manager in a multinational organization where diversity and multiculturalism is the norm, what do you think are some of the human capital initiatives you should be working on to ensure a totally engaged and balanced workforce?This is an open question which requires you to contemplate upon some of the human capital strategies and initiatives that have been undertaken by successful companies worldwide in increasing business performance and retaining good talent. Sally is painting her room. She lifts the 10-newton paintbrush at a distance of 10 meters.What are the joules of work being put out?Pls helpp and fast tyy refer to the attachment and answer the question;-; cancelleddddddddddddddddddd Pears cost $3 for a 4 pound bag. If pears cost less per pound than apples but more per pound than peaches, which of the following could be the price per pound of apples and peaches?Apples are $1.13 per pound and peaches are $1.04 per poundapples are $1.13 per pound and peaches are $0.63 per poundapples are $1.13 per pound and peaches are $0.75 per poundapples are $0.63 perpound and peaches are $1.13 per pound Campylobacter jejuni -- DiseaseWhat is the reservoir for your assigned disease?How is the disease transmitted to humans? Does the disease alsoinfect nonhuman animals?Describe the pathogenesis fo One of the most surprising findings from randomized controlledtrials on vitamin D is that:a. Vitamin D does not prevent fracturesb. Vitamin D prevents coldsc. Vitamin D prevents cancer