Dion has an auto repair business for high-end cars like a Porsche or Ferrari. He wants to market his services to Porsche, BMW, and Ferrari owners in his community of Midland, Texas. Right now, car owners have to drive to Lubbock, Dallas, or Austin to get their cars serviced. Dion should consult The North American Industry Classification System for data that can be used to:_________.
a. identify potential new customers
b. identify opportunities for new product lines
c. classify business establishments all over the world
d. classify firms according to their number of customers

Answers

Answer 1

Answer:

d. classify firms according to their number of customers

Explanation:

Since Dion wants to market his services to these car firms, he should consult for data that can be used to classify firms according to the customers that they have.

It has been stated clearly that people have to drive to Lubbock dallas, or Austin to get their cars serviced, so the firms can beclassified according to the number of customers.


Related Questions

Flanders Manufacturing is considering purchasing a new machine that will reduce unit variable costs by $0.15. The new machine will increase annual fixed costs by $18,250. Before purchasing the new machine, sales volume is 216,000 units, the unit selling price is $2.15, the unit variable cost is $1.75, and total fixed costs are $56,000. What will be the impact on net operating income if Flanders purchases the new machine

Answers

Answer:

Effect on income= $14,150 increase

Explanation:

Giving the following information:

Unitary variable cost reduction= $0.15

Increase in fixed cost= $18,250

Before purchasing the new machine, sales volume is 216,000 units.

To calculate the effect on income, we need to determine the total decrease in variable cost:

Total decrease in variable cost= 0.15*216,000= $32,400

Now, the effect on income:

Effect on income= 32,400 - 18,250

Effect on income= $14,150 increase

A drawback of countertrade is that it fails to enable firms to finance an export deal. it is detrimental to the economy of the importing country. developing nations have trouble raising the foreign exchange necessary to pay for imports. it does not allow firms to invest in an in-house trading department dedicated to arranging and managing deals. it may involve the exchange of poor-quality goods that cannot be disposed of profitably.

Answers

Answer: it may involve the exchange of poor-quality goods that cannot be disposed of profitably.

Explanation:

Countertrade is a form of trade that typically occurs in international trade when rather than exchanging goods or services for foreign exchange, the goods are being exchanged for another good. It is just like a bartee system.

It should be noted that a disadvantage of this is that it may involve the exchange of poor-quality goods that cannot be disposed of profitably. This is because when a particular country has a low quality good, the counter can use the opportunity to exchange the low quality goods with another country during the counter trade.

According to the quantity-quality model of hospital behavior:________.
a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit
b. Hospitals will choose a quantity and quality combination that maximizes the utility of the administrator subject to the hospital residual

Answers

Answer:

a. Hospitals will choose a quantity and quality combination that maximizes the hospitals profit

Explanation:

As per the quantity and quality model fo the hostipal behavior is focused on the selection of the quantity and quantity combination that maximize the profit of the hospitals

Therefore as per the given situation, the a option is correct as for every type of organization the main motive is to maximize the profit

So the option a is right

And, the rest of the options are wrong

A stock is currently selling for $79 per share. A call option with an exercise price of $83 sells for $3.95 and expires in three months. If the risk-free rate of interest is 2.8 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer: $7.37

Explanation:

The price of a put option with the same exercise price would be calculated as:

C + Xe^-rt = P + S

It should be noted that in the formula above,

P = Put option price

C = price of call option

S = stock price

X = exercise price

r = interest rate

t = time

We then slot in the values which will be:

= 3.95 + 83e^-2.8% × 3/12 = P + 79

P = 3.95 + 83e^-2.8% × 3/12 - 79

P = 3.95 + 82.42 -79

= $7.37

A firm produces 4,000 units of output using 500 workers. Marginal cost is $10, the wage rate is $160, and total fixed cost is $100,000. When output is 4,000 units, Group of answer choices average variable cost is increasing. average total cost is increasing. average total cost is decreasing. average variable cost is decreasing.

Answers

Explanation:

i am just at class 10 comp and opt so i dont know about business

You want to have $500,000 in today's (real) dollars when you retire in 40 years. The expected inflation rate is 1.1% and the nominal return on your investments is 6.5%. How much money do you have to save now if you can't make any additional deposits?

Answers

Answer:

Initial deposit= $62,378.07

Explanation:

First, we need to calculate the nominal value of $500,000 in 40 years:

Future Value= PV*(1+r)^n

r= inflation rate

FV= 500,000*(1.011^40)

FV= $774,490.74

Now, the initial deposit (PV) to be made in the present:

PV= FV/(1+i)^n

i= interest rate

PV= 774,490.74 / (1.065^40)

PV= $62,378.07

So this is a personal problem please help

So...I knew this girl for about 6-8 years and we been doing everything together but Yesterday I found out she was talking behind my back and I don’t know what to do I know I should not talk to her anymore or be friends but she doesn’t know I know that she was talking behind my back how do I tell her????

Answers

Answer:

ask her why

Explanation:

because friend will do somthing for a reason

Chancellor Ltd. sells an asset with a $1 million fair value to Sophie Inc. Sophie agrees to make six equal payments, each to be paid one year apart, commencing on the date of sale. The payments include principal and 6% annual interest. Compute the annual payments. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) $166,651. $203,351. $135,252. $191,852.

Answers

Answer:

$191,852

Explanation:

The computation of the annual payment is shown below

Given that

Loan Amount (P) = $1,000,000

Annual Interest Rate (r) = 6.00% per year

Loan Period (n) = 6 Years

Now

The Annual Lona Payment is

= [P × {r × (1 + r)^n}] ÷ (1 + r)^n - 1

= [$1,000,000 x {0.06 x (1 + 0.06)^5}] ÷ [(1 + 0.06)^6 - 1]

= $191,851.5363

= $191,852

Hence, the annual payment is $191,852

Orlando Company, which applies overhead to production on the basis of machine hours, reported the following data for the period just ended: Actual units produced: 12,000 Actual variable overhead incurred: $77,700 Actual machine hours worked: 18,800 Standard variable overhead cost per machine hour: $4.50 If Orlando estimates 1.5 hours to manufacture a completed unit, the company's variable-overhead spending variance is:

Answers

Answer:

$37,600 favorable

Explanation:

Variable overhead spending variance can be computed as;

= (Actual hours worked × Actual variable overhead rate) - ( Actual hours worked - Standard variable overhead rate)

= ( 18,800 hours × $77,700/12,000) - (18,800 hours × $4.5)

= [(18,800 × $6.5) - (18,800 × $4.5)]

= $122,200 - $84,600

= $37,600 favorable

Percy Corporation was formed on January 1. The corporate charter authorized 100,000 shares of $10 par value common stock. During the first month of operation, the corporation issued 280 shares to its attorneys in payment of a $4,800 charge for drawing up the articles of incorporation. The entry to record this transaction would include:__________.
a. A debit to Organization Expenses for $4,800.
b. A debit to Organization Expenses for $2,800.
c. A credit to Common Stock for $4,800.
d. A credit to Paid-in Capital in Excess of Par Value, Common Stock for $4,800.
e. A debit to Paid-in Capital in Excess of Par Value, Common Stock for $2,000.

Answers

Answer:

a. A debit to organization expenses for $4800

Explanation:

Based on the information given we were told

the corporation issued a 280 shares in payment of the amount of $4,800 which was a charge for drawing up the articles of incorporation . Therefore the journal entry to record this transaction would include A debit to organization expenses for the amount of $4,800 that was charge for drawing up the articles of incorporation.

How do i get as much mony as bill gates todey?

Answers

Answer:

be very famous

Explanation:

be white
why do i need to have 20 letters

In planning for your retirement, you have decided that you would like to be able to withdraw $60,000 per year for a 10 year period. The first withdrawal will occur 20 years from today.
a. What amount must you invest today if your return is 10% per year?
b. What amount must you invest today if your return is 15% per year?

Answers

Answer:

a. $66,309

b. $24, 333

Explanation:

In both scenarios, the Cash Flows are uneven. thus we need to be careful the way we use the Time Value of Money. What we will be looking for is the Net Present Value - the Initial cost of the Investment.

Step 1

The summary of cash flows for this project can be shown as follows :

Year 0 = ? (to be calculated)

Year 1 to Year 19 = 0

Year 20 to Year 30 = $60,000

Step 2

Using the CFj Function of the Financial calculator, we can then calculate the Net Present Value as :

Part a

$0                       CFj

19                          Nj

$60,000             CFj

10                          Nj

10 %                   I/YR

Shift NPV = $66,309

Part b

$0                       CFj

19                          Nj

$60,000             CFj

10                          Nj

15 %                   I/YR

Shift NPV = $24,333

Short Company purchased land by paying $22,000 cash on the purchase date and agreed to pay $22,000 for each of the next seven years beginning one-year from the purchase date. Short's incremental borrowing rate is 10%. On the balance sheet as of the purchase date, after the initial $22,000 payment was made, the liability reported is closest to: (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided.)

Answers

Answer:

The liability reported is closest to $107,105.21.

Explanation:

This can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or the the liability reported  =?

P = Annuity payment = $22,000

r = Student's desired return rate = 10%, or 0.10

n = number of years = 7

Substitute the values into equation (1) to have:

PV = $22,000 * ((1 - (1 / (1 + 0.10))^7) / 0.10)

PV = $22,000 * 4.86841881769293

PV = $107,105.21

Therefore, the liability reported is closest to $107,105.21.

Which document gives Congress the power to lay and collect taxes?

O The Bill of Rights
O The Constitution
O The Declaration of Independence
O The Pledge of Allegiance​

Answers

the constitution is the correct answer

Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials totaling $86000. How much is direct labor cost

Answers

Answer:

$296,000

Explanation:

Calculation for How much is direct labor cost

Using this formula

Direct labor cost=Total manufacturing costs-Manufacturing overhead totaling-Direct materials totaling

Let plug in the formula

Direct labor cost=$450,000 - $68,000 - $86,000

Direct labor cost=$296,000

Therefore the direct labor cost will be $296,000

Does anyone know how to slap babies correctly?

Answers

Answer:

no don't do that.

Explanation:

Answer:

Yes. You get in the car, buckle up, ad drive to the police station and turn yourself in for child abuse :)

Explanation:

In September 2008, the stock market fell sharply and continued to perform poorly due to the financial crisis. How did this change impact GDP in the economy?

Answers

Answer:

Many people's wealth is held in stocks and as the price of stocks collapsed, they lost wealth.

Imagine that this happened to you. One day you are rich and that affects your spending habits. In a matter of few days or weeks, you lose a large portion of your wealth. So now, you are less rich or even poor. So your spending habits will be altered, i.e. you will spend less.

If you consider the economy as a whole, aggregate demand will fall, resulting in a decrease of aggregate supply, and an overall decrease of the GDP.

Bank reserves are $200, the public holds $1000 in currency, and the reserve-deposit ratio is 20%. What is the Value of Bank Deposits? What is the Money Supply? Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase? Please enter your answers as numerical responses (ie. 100 or $100 not "One Hundred Dollars")

Answers

Answer:

What is the Value of Bank Deposits?

bank deposits = bank reserves / required reserve ratio = $200 / 20% = $1,000

What is the Money Supply?

money supply = bank deposits + currency held by the public = $1,000 + $1,00 = $2,000

Suppose that the Fed sells $50 worth of bonds in an "open market sale." Assuming that the public does not wish to change the amount of currency it holds, what is the new money supply after this open market purchase?

if the FED sells $50 worth of bonds, money supply will decrease by $50 x (1 / 20%) = $50 x 5 = $250

total money supply = $2,000 - $250 = $1,750

________ measures the percentage of individuals in a defined target market who are exposed to an ad during a specified time period.

Answers

Answer:

Reach

Explanation:

Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.

This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.

Reach is calculated by dividing impressions by frequency.

Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.

Boston Company sells thirty items for $800 per unit and has a cost of goods sold per unit of $480. The gross profit to be reported for selling 30 items is:_____________A) $320.B) $9,600.C) $14,400.D) $24,000.

Answers

the answer for this would be A

A company's managers have decided to issue bonds to raise financial capital. What is the first step in this process?
A. Selling the bonds to investors
B. Contacting a financial advisory firm
C. Filing documents with the SEC
D. Determining the firm's creditworthiness
E. Preparing documentation

Answers

Answer: Contacting a financial advisory firm

Explanation:

Since the company's managers have decided to issue bonds to raise financial capital, the first step in this process is for them to contact a financial advisory firm.

The financial advisory firm would help in giving advice and also consultation regarding the finance of the company and provide them with strategies that can help the company reduce costs and achieve their financial goals.

Wayfarer Company has no debt, and a value of $70.000 million. Adventures Incorporated is otherwise identical but has $28.000 million of debt in its capital structure. Under the different models, what is the value of Adventures Incorporated if its corporate tax rate is 25%, the personal tax rate on equity is 10%, and the personal tax rate on debt is 26%?

Answers

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment.

In point 1:

The answer is =70.000

In point 2:

[tex]=70.000+28.000 \times 25\%\\\\=70.000+28.000 \times \frac{25}{100}\\\\=70.000+28.000 \times \frac{1}{4}\\\\=70.000+ 7 \\\\=77.000\\\\=77[/tex]

In point 3:

[tex]=70.000+(1-(1-25 \%) \times \frac{(1-10\%)}{(1-26\%)) \times 28.000}\\\\=70.000+(1-(1- \frac{25}{100}) \times \frac{(1- \frac{10}{100})}{(1-\frac{26}{100})) \times 28.000}\\\\=70.000+(1-1+ \frac{1}{4}) \times \frac{(\frac{ 10-1}{10})}{( \frac{100-26}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{(\frac{9}{10})}{(\frac{74}{100})) \times 28.000}\\\\=70.000+(\frac{1}{4}) \times \frac{0.9}{20.72}\\\\=70.000+ \frac{0.9}{82.88}\\\\=70.000+0.01058\\\\=70.01058\\\\[/tex]

Compared with supermarkets, the product mix for vending machines is: __________.
a. the same
b. wider and deeper
c. wider and deeper
d. shallower and narrower
e. narrower and deeper

Answers

Answer:

d. shallower and narrower

Explanation:

Product width basically refers to how many different product lines are sold, and obviously a supermarket sells hundreds of product line, while a vending machine generally sells soft drinks or snacks, which is only 1 product line.

The product depth refers to the amount of products sold, and a supermarket is much larger than a vending machine so it can sell many more products.

A project that cost $80000 with a useful life of 5 years is being considered. Straight-line depreciation is being used and salvage value is $5000. The project will generate annual revenues of $24350. The annual rate of return is:_______
a. 17%
b. 50.3%
c. 16%
d. 15%

Answers

Answer:

22%

Explanation:

Net income = Annual cash flow - Depreciation

Net income = 24350 - (80,000-5,000 / 5)

Net income = 24350 - 15,000

Net income = $9350

Average investment = Beg. value + End. Value / 2

Average investment = 80,000 + 5,000 / 2

Average investment = $42,500

Annual rate of return = Net income / Average investment * 100

Annual rate of return = $9350 / $42,500 * 100

Annual rate of return = 0.22 * 100

Annual rate of return = 22%

Answer:Annual Rate of Return =22%

The correct option is not given

Explanation:

Annual Rate of Return = Net Income / Average Investment x 100

Net Income= Annual Cash flow - Depreciation

Straight-line depreciation =Cost - salvage value / useful years

= 80,000 - 5,000 / 5

75,000/5= $15,000

Net Income=$24,350 - $15,000

               =$9,350

Average Investment= Initial investment + salvage value / 2

$80,000 + 5000 / 2

= $85,000/ 2

$42,500

Annual Rate of Return =$9, 350/ $42,500 x 100

= 0.22 x100

=22%

A coupon bond that pays interest of $60 annually has a par value of $1,000, matures in 5 years, and is selling today at a $75.25 premium from par value. The current yield on this bond is _________.

a. 6%
b. 6.49%
c. 6.73%
d. 7%

Answers

Answer:

b. 6.49%

Explanation:

Calculation for The current yield on this bond

First step is to calculate the Current price

Current price = $1,000 - 75.25

Current price = $924.75

Now let calculate the Current yield using this formula

Current yield =Coupon bond interest/Current price

Let plug in the formula

Current yield = $60/$924.75

Current yield = 6.49%

Therefore the current yield on this bond is 6.49%

Q2. Which of the following is not covered under Marine Insurance?
a Theft insurance
b. Marine insurance
c. Life insurance
d. Fire insurance​

Answers

Answer:

Marine Insurance? lol kinda make no sense

The stock in Bowie Enterprises has a beta of .89. The expected return on the market is 11.90 percent and the risk-free rate is 2.93 percent. What is the required return on the company's stock?a. 10.91%b. 13.52%c. 10.31%d. 10.61%e. 12.22%

Answers

Answer:

a. 10.91%

Explanation:

The computation of the required return on the company stock is shown below:

As per CAPM, the required return is

= Risk free rate of return + Beta × (Market rate of return - risk free rate of return)

= 2.93% + 0.89 × (11.90% - 2.93%)

= 2.93% + 0.89 × 8.97

= 10.91%

Hence, the required return on the company's stock is 10.91%

Therefore the correct option is a.

The three main methods that can be used to achieve the efficient use of a common resource are:___________.
A. property rights, production quotas, and ITQs
B. taxes, production quotas, and ITQs
C. property rights, marketable permits, and vouchers
D. property rights, production quotas, and marketable permits

Answers

Answer:

Option A:property rights, production quotas, and ITQs

Explanation:

A Common Resources is known simply as a resource for which rights are held in common by a group of individuals who has no exclusive ownership right. With common resources, property rights are not well-defined and are non-exclusive. In a common resource, an individual has the right to use the resource, but not to change its form or transfer it to other individuals. The policies that helps to improve efficiency include: production quotas, individual transferable quotas and property right.

Production quotas is simply an upper limit to the quantity of a good that may be produced legally.

An individual transferable quota is a production limit that is given to an individual who is free to transfer the quota to another person.

By the assignment of property rights, common property becomes private property.

Mccloe Corporation's balance sheet and income statement appear below:
Mccloe Corporation Comparative Balance Sheet Ending Balance Beginning Balance Assets Current assets: Cash and cash equivalents $ 42 $ 35
Accounts receivable 49 54
Inventory 62 54
Total current assets 153 143
Property, plant and equipment 470 440
Less: accumulated depreciation 262 254
Net property, plant, and equipment 208 186
Total assets $361 $329
Liabilities and stockholders' equity Current liabilities:
Accounts payable $ 55 $ 49
Accrued liabilities 28 20
Income taxes payable 49 49
Total current liabilities 132 118
Bonds payable 113 128
Total liabilities 245 246
Stockholders' equity:
Common stock 46 34
Retained earnings 70 49
Total stockholders' equity 116 83
Total liabilities and stockholders' equity $361 $329
Income Statement Sales $433
Cost of goods sold 231
Gross margin 202
Selling and administrative expenses 168
Net operating income 34
Gain on sale of plant and equipment 14 Income before taxes 48 Income taxes 18 Net income $ 30 Cash dividends were $9. The company did not issue any bonds or repurchase any of its own common stock during the year. The net cash provided by (used in) financing activities for the year was: ____________
a) $(12)
b) $(15)
c) $(9)
d) $12

Answers

Answer:

a) $(12)

Explanation:

The computation of the net cash provided by (used in) financing activities for the year was shown below:

Cash flow from financing activities

Issuance of the common stock ($46 - $34) $12

Less Redeemed bond payable ($113 - $128) -$15

Less cash dividends -$9

Net cash flow used by financing activities is -$12

Hence, the same is to be considered

In what positive and negative ways has the Internet changed the conduct and coordination of global business?

Answers

Answer: Positive ways; Barriers in connecting is slightly no more, Negative ways; Increase in fraud and cyber theft

Explanation:

The internet has changed the conduct and cordination of global business in many ways both positively and negatively. Considering the positive ways

Positive Ways: Barriers in connecting is slightly no more: connecting to one another has been made easy to do business recently, people in continents can carry out a transaction and a trade under minutes of interaction and get the goods and services exchanged among each other immediately.

Negative ways; Increase in fraud and cyber theft; despite the swift nature of doing business now, it has also Increased fraud as some people disguise themselves to be traders and businessmen just to collect people's money.

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