b) Upscale hotels in the United States recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. A survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the Internet and the telephone, to transact business. Assume a company’s budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. Graphically illustrate how a 20 percent decline in the price of business travel would impact this company’s budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. Suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. Is the company allocating resources efficiently? Explain
Answers
It is to be noted that the company is not allocating resources efficiently. See the attached image for the Graphically illustration required.
What is allocation of resources?This is simply the ability to efficiently distribute resources across all aspects of production.
What is the proof that the company is misappropriating resources?MRS is the gradient of the budget line is defined by the change in the Y axis divided by the change in the x axis.
In other words, MRS is the number of units of x that a customer is ready to give up in exchange for units of y.
Note that
the MRS fo the budget line is:
-dy/dx
= -10.6/6.25
= -1.6, that is media 1.6 units of media is given for every unit of business travel.
However, the corporation claims that the MRS is -1, which indicates that for every unit of business trip, they give away one unit of media. In other words, they are paying a price equal to the cost of business travel, resulting in a resource misappropriation.
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Related Questions
In a highway construction the drivers save annually around $20,000 and the road cost construction was $100,000 and the annual maintenance is $10,000. The interest rate is 5% and this alternative is evaluated in a 20 year time span. The B/C ratio is nearly:
a. 2.49
b. 1.25
c. 1.11
d. 0.24
Answers
Answer:
b. 1.25
Explanation:
The B/C ratio is calculated by dividing the present value of the benefits (PV of benefits) by the present value of the costs (PV of costs). The PV of benefits is calculated by taking the annual savings of $20,000 and multiplying it by the present value factor (1/(1+r)^n) where r is the interest rate (5%) and n is the number of years (20). The PV of costs is calculated by taking the road cost of $100,000 and adding the annual maintenance of $10,000 for each year for 20 years and then multiplying it by the present value factor. The B/C ratio is then calculated by dividing the PV of benefits by the PV of costs. In this case, the B/C ratio is 1.25.
The Forest Stewardship Council (FSC) created standards to define sustainable timber
in 1993 with the idea being that businesses and consumers would be willing to do
what for timber companies who use sustainable practices?
1. Opay less and abandon
2. pay more and support
3. applaud and recognize
4. recommend and advertise
Answers
Recommend and advertise.FSC is a worldwide organization with members, employees, certificate and promotional license holders, and responsible consumers.
What is FSC and what does it do in the forestry industry?FSC is a worldwide organization with members, employees, certificate and promotional license holders, and responsible consumers. By banding together, we can make sure that we utilize forests and forest products in a responsible manner, changing the global forest trend toward sustainable use, conservation, restoration, and respect for all.
What does the Forest Stewardship Council aim to achieve?The objective of the Forest Stewardship Council is to encourage commercially successful, socially beneficial, and environmentally sound management of the world's forests. Our goal is to fulfill our current demand for forest products while maintaining the health of the world's forests.
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Which of the following are true about the profit-maximizing rule of MR = MC? (check all that apply)
A) The rule applies only if producing is preferable to shutting down.
(B) In some cases, MR will equal MC at a fractional level of output and therefore the last complete unit of output should be produced where MR < MC.
(C) The rule can be restated as P = MC when applied to a purely competitive firm because product price and MR are equal.
(D) The rule is an accurate guide to profit maximization for all firms regardless of their market structure.
Answers
Option A, B and C are true about the profit-maximizing rule of MR = MC.
A) The rule applies only if producing is preferable to shutting down.
B) In some cases, MR will equal MC at a fractional level of output and therefore the last complete unit of output should be produced where MR < MC.
C) The rule can be restated as P = MC when applied to a purely competitive firm because product price and MR are equal.
What is the profit-maximizing rule?
The profit-maximizing rule is to produce and sell the level of output for which marginal revenue equals marginal cost. This means producing the quantity at which the additional revenue from the last unit produced is equal to the additional cost of producing that unit.
Hence, option A, B and C are correct.
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fill in the blank. tracy's is a chain of hair dressing salons for women. they use television, magazines, radio, and newspapers to advertise their services. the owners ensure that all communication channels deliver a common message to prospective customers. in so doing, tracy's is practicing___marketing.
Answers
Every new communication goes through a review procedure to make sure it bears the same message and the new "green" brand mark. Overall, EcoNature is in charge of overseeing the IBP procedure.
About communication channels :A small manufacturing company called EcoNature sells a brand-new line of environmentally friendly home cleaning goods in Western and Southwestern states. It purchases advertising space on cable TV, runs ads in local editions of women's magazines, and distributes coupons via a number of major metropolitan newspapers in an effort to increase awareness and persuade people to try its products.
The Sales and Operations Planning (S&OP) principles are extended throughout the value chain through the business planning process known as Integrated Business Planning (IBP). In order to connect strategy with execution, this is done.
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Correct Question:
EcoNature is a small manufacturing firm distributing a new line of eco-friendly household cleaning products in Western and Southwestern states. To raise awareness and encourage consumers to try its products, it buys advertising time on cable TV, places ads in regional issues of women's magazines, and offers coupons via a number of metropolitan newspapers. Each new communication undergoes a review process to ensure that it displays the new "green" brand logo and carries the same message. Overall, EcoNature is managing the IBP process ____________.
florist will earn from selling celebration bouquets is $ . the florist will break-even after one-dollar decreases. the interval of the number of one-dollar decreases for which the florist makes a profit from celebration bouquets is ( , ).
Answers
(a)The maximum profit the florist will earn from selling celebration bouquets is $ 675.
(b)The florist will break even after selling 20 one-dollar decreases.
(c)The range of $1 decreases for which the florist makes a profit from celebration bouquets is (0,20).
While observing the graph,
The maximum profit the florist earns = peak of the y-axis in the graph
∴ The maximum profit = $675
We know that,
Breakeven is a point where our profits become zero
⇒ P(x) = 0
P(x) = 0 at 20.
The interval of the number of one-dollar decreases for which the florist makes a profit from celebration bouquets is (0,20). Because after 20 , P(x) is negative.
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The complete question is :
A florist currently makes a profit of $20 on each of her celebration bouquets and sells an average of 30 bouquets every week. She noticed that when she reduces the price such that she earns $1 less in profit from each bouquet, she then sells three more bouquets per week. The relationship between her weekly profit, P(x), after x one-dollar decreases is shown in the graph.
Use the graph to complete each statement about this situation.
(a)The maximum profit the florist will earn from selling celebration bouquets is $___.
(b)The florist will break even after ___ one-dollar decreases.
(c)The interval of the number of one-dollar decreases for which the florist makes a profit from celebration bouquets is (__,__).
What is the federal funds rate?
Answers
The federal funds rate is the interest rate at which banks can lend or borrow money from each other, or from the Federal Reserve, overnight. The Federal Reserve sets a target for the federal funds rate, which is used as a benchmark for other short-term interest rates.
The federal funds rate is important because it serves as a benchmark for other short-term interest rates. Changes in the federal funds rate can affect interest rates on credit cards, auto loans, and home mortgages, as well as the return on savings accounts and certificates of deposit.
When the Federal Reserve lowers the federal funds rate, it is trying to stimulate economic growth by making it cheaper for businesses and consumers to borrow money. This can lead to increased spending, which in turn can lead to more hiring and higher wages. On the other hand, when the Fed raises the federal funds rate, it is trying to slow down the economy and control inflation which can make borrowing more expensive and lead to less spending and hiring.
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If a monopoly chooses the optimal price instead of the optimal quantity, then its profits will be
A. unchanged because the optimal price and quantity yield the same profit.
B. lower because costs are increasing in quantity.
C. higher because profit is increasing in price.
D. lower because consumers are more sensitive to price.
E. higher because a monopoly only has power to set price.
Answers
If a monopoly chooses the optimal price instead of the optimal quantity, then its profits will be ' higher because profit is increasing in price'.
What do you mean by monopoly?
A monopoly is a business structure in which a single company owns all or nearly all of the market for a given type of product or service. The company is able to set prices and control the market with little to no competition. Monopolies are usually accompanied by government regulations to ensure fair consumer prices and protect consumers from unfair practices.
The optimal price maximizes the total profits of a monopoly, which means that by choosing the optimal price, the monopoly will be able to capture a larger share of the market and thus increase its profits. On the other hand, the optimal quantity maximizes profits per unit, which means that the monopoly will be able to generate more revenue from each unit it sells, but this may not result in higher overall profits.
Hence, option C is correct.
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Complete the following statement When there is a shortage of a good O A. consumers compete against one another by bidding the price upward O B. producers react to shortages by lowering prices O C. decreasing prices lead to a change in demand O D. as prices increase, consumer demand more of a particular good O E. as prices increase, producers are driven to produce less The process continues until the market is finally in equilibrium.
Answers
When there is a shortage of goods, 'consumers compete against one another by bidding the price upward'.
Who are consumers?
Consumers are individuals or groups of people who purchase goods and services for their own personal use. They are the end users of the products and services that are produced by businesses and organizations.
When a good is in short supply, demand outstrips supply, so the price of the good will rise. Consumers will compete against each other by bidding up the price of the good, in attempts to secure enough of the good to meet their needs. This competition leads to an increase in the price of the good, as buyers outbid each other. This increase in the price is an indication of the scarcity of the good and the level of demand for it.
Hence, option A is correct.
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create a list of the four countries, ranked in order of decreasing carbon intensity per unit of energy consumed. give the units in either tonnes co per terajoule tj or tons per billion btu consumed.
Answers
Natural gas has an average carbon dioxide coefficient of 0.0551 kg CO2 per cubic foot (EIA 2019). By dividing emissions by an appropriate measure of activity.
One can determine carbon intensity using total emissions over a specified time period expressed in CO2e. According to a life-cycle analysis, oil Natural gas has the highest carbon footprint, at 970 grammes of CO2/kWh. Oil is a fossil fuel that is produced when petroleum, sometimes known as crude oil, is burned. With a growing selection of low-carbon and renewable alternatives, the Low Carbon Fuel Standard aims to lower the carbon intensity of California's transportation fuel pool while improving air quality. It also helps to wean the state off its dependence on petroleum.
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_____ is key to successful employment, readiness, and use of ReserveComponent forces.
Adaptability. Predictability
Training
Transformation
Answers
Training is key to successful employment, readiness, and use of Reserve Component forces.
What is training?Training refers to the process of acquiring knowledge, skills, and abilities in order to perform a specific task or job. It can include various forms of instruction such as classroom education, on-the-job training, simulations, and drills. Training can be formal or informal, and can be provided by an employer, educational institution, or government agency. The goal of training is to prepare individuals to perform their duties and responsibilities in a competent and efficient manner. It can also be used to develop new skills and abilities that will help an individual advance in their career. Training programs can vary widely in scope and duration, depending on the job or task at hand.
There are several types of training that can be used to develop knowledge, skills, and abilities:
1. Classroom training: This type of training involves delivering instruction in a traditional classroom setting. It can include lectures, discussions, and hands-on activities.
2. On-the-job training: This type of training involves learning through direct experience by performing the job under the guidance of a more experienced worker.
3. e-Learning: This type of training involves using technology such as computers, the internet, or mobile devices to deliver instruction. It can include online courses, webinars, and videos.
4. Simulation training: This type of training involves using simulated environments to replicate real-life scenarios. It can be used to train individuals in areas such as aviation, medicine, and emergency response.
5. Self-paced training: This type of training allows learners to move through the material at their own pace. It can include online courses, workbooks, or video tutorials.
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Given the model, answer the following questions regarding effusion. The orange spheres have a greater root-mean-square speed than the blue spheres. Assume the balloon has a tiny opening for gas molecules to escape. 1st attempt Part 1 (0.5 point) al See Periodic Table See Hint Which balloon, A or B, most accurately illustrates the effusion of a gas from the central balloon? Balloon A Balloon A Balloon B cannot tell from the nformation 0 See Hint Pa provided point)
Answers
According to the claim, balloon A, which is more blue and less orange, shows correct leaching with a relative leaching rate of 1.303.
(Orange is poured 1,303 times more than blue). Relative exudation rate for orange to blue spheres = 1.531.
Calculating the problem:Orange leaching rate / Blue leaching rate
= [M blue/Morange]^1/2
Vrms = sqrt[(3RT/M)]
Lead / V blue = [ M blue / Morange]^1/2
Orange leaching rate / Blue leaching rate
= 565/369
= 1.531
Balloon A, which is more blue and less orange, therefore shows correct leaching with a relative leaching rate of 1.303.
What is effusion?In the leaching process, gas escapes from the container through holes with a diameter much smaller than the mean free path of the molecules.
Gas molecules flow through a small opening in one container and enter another via outflow. Graham's law allows comparison of leaching rates at the same temperature. Diffusion is the movement of gas molecules through one or more other gas species based on random molecular motion.
Question is incomplete. Missing parts are:
Given the model, answer the following questions regarding effusion. The orange spheres have a greater root-mean-square speed than the blue spheres. Assume the balloon has a tiny opening for gas molecules to escape.1st attempt Part 1 ( 0.5 point) See Periodic Table See Hint . Which balloon, A or B, most accurately illustrates the effusion of a gas from the central balloon?Calculate the relative rate of effusion for the orange to blue spheres. The root-mean-square speed for the orange spheres is 495.0m/s. The root-mean-5 Square speed for the blue spheres is 380.0m/ s.
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Peter owns a putable $4,000 bond with a 3% coupon. The bond has four years left to maturity. If he puts the bond early, he must pay a $50 fee. Peter decides
reaches maturity. How much more money could he earn if he puts the bond and buys a $5,000 zero coupon bond with his principal?
Select the best answer from the choices provided.
O A $470
OB. $500
OC. $480
OD. $520
Answers
The money he could earn will be $480 with a $4000 bond with a 3% coupon.
What is the coupon rate?The nominal yield promised by the bond on the date of issuance is known as the coupon rate, sometimes known as the coupon payment. The yield to maturity of a bond is determined by how this yield changes over time as its value changes (YTM). By dividing the total annual coupon payments made on a bond by its par value, one may determine the bond's coupon rate. A bond with a $1,000 face value which pays a $25 dividend twice a year, for instance, has a 5% coupon rate. Bonds with coupon interest rates are more appealing to buyers than bonds with lower coupon rates, all else being equal.
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based on what you know about bureaucratic features, garrett believes margie is violating which of the following? Multiple Choicetotal quality management principlesquality controlimpersonality protocoldivision of laborevidence-based decision making Based on systems theory, the types of practices the coaching team runs is a(n) Multiple Choiceoutput.transformational process.input.operational contingency.feedback mechanism.
Answers
In this scenario, it is not clear from the information provided what specific bureaucratic features Garrett believes Margie is violating. It is also not clear what specific practices the coaching team runs and how it relates to systems theory.
In a bureaucratic organization, what is the role of quality control in ensuring that products and services meet certain standards?
Quality control is a key component of bureaucratic organization, it is a process that helps to ensure that products and services meet certain standards and it is an important aspect of ensuring customer satisfaction and maintaining a competitive edge.
Bureaucratic features refer to the characteristics and practices that are present in a bureaucracy, such as impersonality, division of labor, and adherence to rules and procedures. Total quality management (TQM) principles refer to a management approach that aims to improve the quality of products and services through continuous improvement and customer focus. Quality control refers to the process of ensuring that a product or service meets certain standards.
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Match the vocabulary term with the correct definition.
Answers
2)risk matches to b)chance that things will turn out differently than expected
3)patent matches to a)something the government allows a person to make for a limited amount of time
4)regulation matches to e) rules that control the behavior of others
5)references matches to d) people who comment on a persons qualification and character
An employee who fails to comply with the processes and procedures describing how to complete a task is violating what?apex accounting fundamental
Answers
An employee who fails to comply with the processes and procedures describing how to complete a task is violating monitoring.
What does monitoring accomplish?Monitoring makes it possible to record outcomes, procedures, and experiences for use as a foundation in decision-making and educational endeavors. Monitoring is the process of comparing results to goals. Evaluation is done using the data collected through monitoring.
What three categories of monitoring exist?Technical, functional, and business process monitoring are the three fundamental subcategories of monitoring.
What is the best way to define monitor?(1) a screen-equipped electronic device used to display content (such as television images or computer information); (2) a tool for monitoring a biological process.
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A graphical plot with sales on the Y axis and time on the X axis is a. A) scatter diagram. B) trend projection. C) radar chart. D) line graph.
Answers
A graphical plot with sales on the Y axis and time on the X axis is a line graph. Therefore option D is correct.
What is line graph?A graph that connects individual data points with lines is referred to as a line graph, line plot, or line chart. Quantitative values are shown as a line graph for a given time period. The historical price movement of a security or asset is frequently represented by line graphs in finance.
Comparisons can be made between line graphs and other types of data visualization, such as bar charts, pie charts, and candlestick charts (used in trading).
Creating visual representations of values through time, such as changes in the pricing of securities, financial statements from businesses, and histories of significant stock indices, is a common practice in the finance industry. They can also be used to compare various securities. Line graphs are used by investors to show trends, which can substantially help them in their assessments in the field of investment, particularly with regard to technical analysis.
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chris okowo recently moved to the united states with many hopes and dreams. however, he realizes that economic freedom includes all of the following except the right to
Answers
"Chris okowo recently moved to the united states with many hopes and dreams. however, he realizes that economic freedom includes all of the following except the right to" The statement is not complete. Therefore, I am giving a general answer with best of my knowledge.
People's capacity to engage in economic activity is referred to as economic freedom or economic liberty.
This phrase is used both in the philosophy of economics and in discussions of economics and public policy. An approach to economic freedom that emphasises free markets, free trade, and private property under free entrepreneurship is drawn from the liberal tradition.
A different perspective on economic freedom extends the welfare economics study of individual choice, where greater economic freedom results from having a wider range of options. The freedom from want and the right to participate in collective bargaining are two other definitions of economic freedom.
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If investment changes because of a change in a factor other than the price level, then the
a. AD curve shifts.
b. the economy moves from one point on a given AD curve to another point on the same AD curve.
c. SRAS curve shifts.
d. the economy moves from one point on a given SRAS curve to another point on the same SRAS curve.
e. none of the above
Answers
If investment changes because of a change in a factor other than the price level, then the "AD curve shifts".
What do you mean by investment?
Investment is the process of investing money into something such as stocks, bonds, mutual funds, or real estate with the expectation of making a profit. It involves taking a risk in the hope that the asset will increase in value over time.
The AD curve is a graphical representation of the relationship between the aggregate demand for goods and services and the overall price level in an economy. When a factor other than the price level changes, it will shift the AD curve from its original position. These changes could include changes in consumer sentiment, government spending, business investment, or any other factor that affects aggregate demand. When the AD curve shifts, it changes the equilibrium point for the economy, which has implications for price levels, output, and employment.
Hence. option A is correct.
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Discuss the overall thought of the school of modern management theory
Answers
Answer:
The overall thought of the school of modern management theory is one of meeting the needs of the organization through the efficient use of available resources. It focuses on the importance of establishing effective structures and processes to ensure that the organization is able to operate effectively and efficiently. Modern management theory looks at the whole organization and its environment, taking into consideration the external factors that may affect the organization's ability to succeed. It also emphasizes the importance of leadership, communication, and motivation, as well as the need for collaboration among teams. Ultimately, the goal of modern management theory is to create an environment where people can work together to achieve the organization's objectives.
3. Kathleen is starting a new job where she will be working remotely. Her new company has
all kinds of collaborative tools they use to work together. What are three types of tools she
will likely be using in this new job? List and describe the functions of these three tools.
Answers
types of tools Kathleen will likely be using in remote job: screen recording tool, remote desktop software, mobile hotspot
How to describe the functions of remote tools?The Remote Desktop app lets you securely connect to a computer in another location, so you can work as if you were sitting at the keyboard of that computer. This is a convenient way for remote workers to access computers at headquarters or another remote worker. As a bonus, it's perfect for solving your parents' email problems from the comfort of your couch.Mobile Hotspot serves not only as internet access, but also as a backup in the event of a power outage or internet failure.screen recording tool: What if you want to take a quick screenshot, or record your screen and send it to someone asynchronously? Then a screenshot tool can help. Zapier uses Zappy. It's very fast and you can start annotating right away without having to fiddle with your computer's built-in tools. Created in-house, but available for anyone to use.To learn more about remote working visit:
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g: in a circular linked list, a shift (in) operation will rotate the list content clockwise and times. for a list l
Answers
In a circular linked list, a shift (in) operation will rotate the list content clockwise one time.
In a circular linked list, a shift (in) operation rotates the list content clockwise by the specified number of times. For example, if the list contains the following elements: A, B, C, D, E, and the shift (in) operation is performed two times, then the list content becomes: D, E, A, B, C.
The shift (in) operation works in the following way. First, the node at the end of the list is linked to the node at the beginning of the list, thus forming a circular linked list. Then, the operation keeps moving the start of the list by one node until the specified number of shifts have been performed.
For example, in the given list of A, B, C, D, E, the beginning of the list is A. During the first shift, the beginning of the list moves to B, and the end of the list is linked to A, thus forming a circular list. During the second shift, the beginning of the list moves to C and the end of the list is still linked to A. This process is repeated until the desired number of shifts has been performed.
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Ethical Behavior involves the performance of our everyday activities based on some type of code of _______________.
commandments
regulations
conduct
statutes
Answers
Behavior guidelines. An organization's employees are expected to abide by a code of conduct, which is a collection of beliefs, guidelines, expectations, and principles.
Which rule of conduct is the first?Participants must always conduct themselves appropriately and positively. To maintain a secure and welcoming environment, participants should be respectful and courteous to one another.
Why is having a code of conduct crucial?An organization's mission, values, and guiding principles are made clear in a well-written code of conduct by connecting them to norms of ethical behavior. The code outlines the ideals the company wants to instill in its executives and workers and, in doing so, defines the appropriate behavior.
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what will i put here in the blanks? help please
Answers
The balance sheet, the income statement, the cash flow projection, and the statement of shareholders' equity make up the four financial statements that make up the financial section.
How can I use the financial section?The balance sheet, the income statement, the cash flow projection, and the statement of shareholders' equity make up the four financial statements that make up the financial section. A succinct justification and examination of these four claims should also be included.An income statement, a balance sheet, and a cash flow statement are the three common statements. The majority of business owners should give them and stop there.The component of your company plan called "financials" describes your finance status in the past, present, and future. To prepare for the future of your company and to convince potential investors, this part has all the facts and hard data you'll need.To learn more about financial section brainly expert refer to:
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Overtis-1. Beginning inventory, purchases, and sales for fem "X" are as follows Beginning Inventory April, 1 S 15 57 units at $14 29 40 units Assuming a perpetual inventory system and using the first-in. first-out (110), lost-in-first-out (LIFO) Average costing methal, determine (0) The cost of goods sold on April 29 & (i) The cost of ending inventory on April 30. 47 Quests -2 Estimate the cast of goods sold & ending inventory by the gross profit method given the following data: Beginning inventory Bir 40,000.00, net purchases Bir 100,000.00, net sales Birr 112,000.00, press profit rate of 25% of net sales. Quotes J. Machinery purchased for Br 200,000 at the beginning of the year has an estimated life of 5 years and a residual value of Br 20,000 Required: Compute the annual tyearly) depreciation expense for each of the five years, by using; a) Straight-line depreciation method. b) Double-declining balance depreciation method c) Sum-of-the-years-digits method d) If the machinery is expected to have a useful life of 18,000 operating hours & was operated during the year I through year 5. 4100 hours, 2.700 hours, 4.200 hours 3.000 hours and 100 hours Compute the annual (yeatly) depreciation expense for each of the five years, by using the Units of-Production Method. 4 Rainbow Mining Co acquired mineral rights for the 30,000,000. The mineral deposit is estimated at 75,000,000 tons. During the current year, 11,250,000 tons were mined and sold Required: A Determine the amount of depletion expense for the current year B. Joumalize the adjusting entry to recognize the depletion expers.
Answers
What is the value of one additional unit of a scarce resource in LP?
A. incremental value
B. resource value
C. conditional value
D. shadow price
Answers
Shadow Price is the value of one additional unit of a scarce resource in LP.
What do you mean by Shadow Price?
Shadow price is an economic concept referring to the change in the total benefit or cost of a project if a resource constraint is relaxed. It is the additional benefit or cost a firm would receive from a unit of the constrained resource. Shadow prices are typically used in linear programming to identify the most efficient use of resources in an organization.
Shadow price is the marginal value of an additional unit of a scarce resource in LP, which means that it is the value of the last unit of a scarce resource produced or consumed. It is calculated based on the changes in the objective function of the LP model when an additional unit of a scarce resource is added, taking into account the constraints of the LP model. Shadow price provides insight into the marginal value of a scarce resource and is used to evaluate the trade-offs of increasing or decreasing the production or consumption of a particular resource.
Hence, option D is correct.
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Which of the following are financial assets? Select the two correct answers.
Answers
Financial assets include, among other things, cash, investments in shares, securities, mutual funds, plus bank deposits.
Why Do We Possess Financial Resources?A financial asset, referred to as a liquid asset, is worth what it is claimed to be legally or under the terms of a contract. Money held in the form of deposit accounts, stocks, bonds, and mutual funds are examples of financial assets.
Intangible assets known as financial assets are often referred to as financial instruments or securities. They are often used to fund the ownership of tangible assets like machinery and real estate.
Is it a property for investment?Financial assets are liquid assets with a market value derived from a legal right to or ownership of an underlying asset. Examples of such liquid assets are bank deposits and stock equities. In general, an asset is everything you own that has worth. Particularly, financial assets are any possessions whose value is based on a contract or other claim.
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Fran purchased an annuity that provides $7,400 quarterly payments for the next 10 years. The annuity was purchased at a cost of $185,000. How much of the first quarterly payment will Fran include in her gross income?
Answers
The first quarterly payment that Fran will include in her gross income is $4500.
What is gross income?Gross income is the amount of money that an individual makes before any taxes or other deductions, also known as gross pay when it shows on a paycheck. This includes all forms of income, not only wages from employment, and is not limited to money-related income; it also includes income from the receipt of goods or services. When deciding whether or not to lend money to someone or rent to them, lenders and landlords consider their gross income. Gross income is the starting point when filing federal and state income taxes since it is used to determine the amount of tax that must be paid before deductions are taken into account. Using gross income and limiting the costs that are included in the research, the organization can better understand what causes success or failure.
First quarterly payment= (300,000 / (40*10)) = 7500 12,000 - 7500 = $4500
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Kathleen is starting a new job where she will be working remotely. Her new company has
all kinds of collaborative tools they use to work together. What are three types of tools she
will likely be using in this new job? List and describe the functions of these three tools.
Answers
With her new employment, Kathleen will be working from home. Her new business uses a variety of teamwork methods to get things done.
What does the term "collaboration" mean?The technique of creating and producing something while working as a team is known as collaboration. Collaboration might take place between two people or many persons, intimate friends or total strangers. When you work together, the possibility of producing something superior to what could be produced in a silo exists.
Is working with others a skill?Collaboration skills are the aptitudes you employ when working with others to generate, develop, or achieve a common goal. Cooperation skills are a collection of many soft talents and behaviors that support collaboration and teamwork rather than being a separate skill set in and of itself.
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Q5. The "Business Expenses" portion of Amy's expenditures refers to the cupcake business she started out of her
home. It is becoming increasingly popular, and she is considering taking out a loan of $5000 that will help her increase
the size of her business. Determine the monthly payments for each loan offer below.
2 Year Loan
Business Loan Amortization Schedule
Date
Jan, 2020
Feb, 2020
Mar, 2020
Apr 2020
May, 2020
Jun 2020
Jul 2020
Aug 2020
Sep 2020
Oct 2020
Nov, 2020
Dec 2020
2020
3 Year Loan
Interest
$26
$25
$24
$23
$21
$20
$19
$18
$17
$16
$15
$14
$239
E
Principal
$196
$197
$198
$199
$200
$201
$202
$203
$205
$206
$207
$200
$2,424
Balance
$4,004
$4,606
$4,400
$4,209
$4,008
$3,807
$3,604
$3,401
$3,196
$2.991
$2.784
$2.576
$2,576
Answers
The monthly payments for each loan offer Amy's cupcake business is considering taking are
2-year loan = $222 3-year loan = $153.How are the monthly payments determined?Using the amortization schedules provided, the monthly payments consist of the principal repayment and the interest.
For instance, the first monthly payment of the two-year loan of $222 consists of $26.00 in interest and $196 in principal repayment. Similarly, the second monthly payment of $222 consists of $25 in interest and $195 in principal.
In the case of the three-year loan, the monthly payment totals $153, consisting of $26 in interest and $127 in principal repayment for the first month and $25 and $128, respectively for the second month.
Thus, as the interest reduces, the principal repayment increases from one month to the next for all monthly payments.
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listed here are the total costs associated with the production of 1,000 drum sets manufactured by truebeat. the drum sets sell for $463 each.
Answers
Total costs are variable when they fluctuate along with production changes, while fixed costs are those that don't alter over time.
$16,000 for plastic casing.
Assembly line worker salaries: $82,00
Factory property taxes: $6,000
$35,000. Accounting staff salaries
Drum stands ($1,000,000 spent on 1,000 stands)
Rent for sales staff equipment costs $36,000
$150,000 in upper management wages
$12,000 yearly fixed rate for plant maintenance service
Unit-based sales commissions of $12
Straight-line machinery depreciation: $47
Plastic for the casing equals (a) a variable cost (b) a product depending on the quantity of casing. = $21,000 / 1000 units = $21 for each casing assuming each casing is done separately.
Assembly worker salaries equal (a) variable costs In a piece rate system, it will depend on the number of units, but normally, it is dependent on the number of hours done, therefore it is period.
Factory property taxes are fixed costs with a time period since they are not dependent on the quantity of units produced.
Accounting staff wages are constant for a month and are thus equal to (a) Fixed Costs and (b) Period since they are unrelated to the quantity of units produced.
Drum Stands are a variable cost and a product since each drum is built separately.
Equipment for sales employees is hired at a fixed cost for a certain duration, usually paid monthly, and is not depending on the quantity of units produced.
Because upper management pay are fixed annually and not depending on the number of units produced, they are equal to (a) Fixed Cost (b) Period.
Since the cost of factory maintenance is constant annually and unrelated to the quantity of units produced, the annual flat charge equals (a) Fixed Cost and (b) Period.
Sales commissions are based on the number of units sold and are calculated per unit, thus they equal (a) Variable Costs and (b) Product.
Straight-line depreciation of machinery equals (a) Fixed Cost (b) Period since it is fixed annually and not dependant on the quantity of units produced.
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Note: The correct question are as bellow,
Listed here are the total costs associated with the 2017 production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $469 each. Costs1. Plastic for casing—$16,0002. Wages of assembly workers—$82,0003. Property taxes on factory—$6,0004. Accounting staff salaries—$35,0005. Drum stands (1,000 stands purchased)—$34,0006. Rent cost of equipment for sales staff—$36,0007. Upper management salaries—$150,0008. Annual flat fee for factory maintenance service—$12,0009. Sales commissions—$12 per unit10. Machinery depreciation, straight-line—$47,000Problem 1-1A Part 1Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.