Answer:
ask her why
Explanation:
because friend will do somthing for a reason
Define rivalry and excludability and use these terms to discuss the four categories of goods. Rivalry is the situation that occurs when
Answer:Rivalry is the situation where there is competition between markets on determining who gets the customer base or who wins the customers heart.
While excludability could be defined as a situation where goods are limited or exclusive to only customers who pay
Explanation:
Rivalry is the situation where there is competition between markets on determining who gets the customer base or who wins the customers heart.
Excludability could be defined as a situation where goods are limited or exclusive to only customers who pay
-A private good is both a rivalry and excludability good because it includes things such as: food, clothing, or a haircut.
-A public good is neither rival nor excludable, because their often supplied by the government such as national defense.
-A quasi-public good is excludable, including things such as cable, internet, or iPhones.
-A common resource is rival, including things such as forest land.
Studies have shown that the single greatest factor preventing travelers from taking a group tour is their aversion to airline travel.
True or False
Answer:
True
Explanation:
im not sure qwq
Chester has negotiated a new labor contract for the next round that will affect the cost for their product Cat. Labor costs will go from $2.90 to $3.40 per unit. Assume all period and variable costs as reported on Chester's Income Statement remain the same. If Chester were to pass on half the new labor costs to their customers, how many units of product Cat would need to be sold next round to break even on the product
Question Completion:
Assume the following:
Selling price per unit = $54
Current total variable cost = $24.50
Total Fixed Costs = $69,000
Answer:
Chester
To break-even on product Cat, Chester needs to sell 2,379 units instead of 2,339 units.
Explanation:
a) Calculations:
New variable cost will increase by ($3.40 - $2.90)/2 = $0.25
New variable costs will be = $24.75 ($24.50 + $0.25)
Contribution margin per unit = $29.25 ($54 - $24.75)
New fixed costs = $69,000 + ($0.25 * 2,339) = $69,585
Old break-even units = $69,000/$29.50 = 2,339 units
New break-even units = Fixed cost/contribution margin per unit
= $69,585/$29.25
= 2,379 units
b) Chester's break-even point in units is calculated by using the break-even formula: Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or $69,585/$29.25. The variable cost per unit includes only the cost that will be passed to customers. This means that half of the labor cost is regarded as variable, while the other half is taken is fixed cost.
if Chester were to pass on half the new labor costs to their customers, the number of unit that Cat would need to be sold next round to break even on the product will be 2,379 units.
We are not given some information, so we will assume that "Selling price per unit = $54, Current total variable cost = $24.50, Total Fixed Costs = $69,000"
The new variable cost will increase by:
= ($3.40 - $2.90)/2
= $0.50 / 2
= $0.25
The new variable costs will be:
= Current total variable cost + Increment cost
= $24.50 + $0.25
= $24.75
The contribution margin per unit will be:
= Selling price per unit - New variable costs
= $54 - $24.75
= $29.25
The old break-even units is:
= Old fixed cost / Contribution margin per unit
= $69,000/$29.50
= 2,339 units
The new fixed costs will be:
= Total Fixed Costs + (Increment cost* Old break-even units)
= $69,000 + ($0.25 * 2,339)
= $69,000 + $585
= $69,585
The new break-even units will be
= Fixed cost / Contribution margin per unit
= $69,585 / $29.25
= 2,379 units.
Therefore, if Chester were to pass on half the new labor costs to their customers, the number of unit that Cat would need to be sold next round to break even on the product will be 2,379 units.
See similar solution here
brainly.com/question/23287208
The aggregate planning approach that lends itself to examining many solutions is:_________
A. the transportation method of linear programming.
B. graphical techniques.
C. the linear decision rule.
D. Bowman's management coefficients model.
Answer:
B. graphical techniques.
Explanation:
The graphical methods would be applied in the case when the facts are assessed in a quantitive way. Also it is a main part for the investigation that contains exploratory information
Therefore in the given situation, for examining many solutions under the aggregate planning approach the graphical techniques would be considered
hence, the correct option is B
Suppose Rhonda owns and operates a surf shop. Last week, Rhonda ran a 30-percent off sale on all items in her shop and her revenues decreased by 35 percent. Everything else held constant, it can be concluded with certainty that Rhonda's customers' demand is:________.
A. price inelastic
B. price elastic
C. unit elastic
Answer:
Explanation:
price elasticity of demand = percentage change in quantity demanded / percentage change in price
revenue = price x quantity
if price decreased by 30% and total revenue decreased by 35%, then PED is inelastic
a will show you in an example
original price = $10
original quantity = 100
if PED was unit elastic
= 30% / -30% = -1, sales volume increased by 30%
total revenue went form $1,000 to $910
if PED was elastic
= 50% / -30% = -1.7, sales volume increased by more than 30%, lets say 50%
total revenue went from $1,000 to $1,050
if PEd was inelastic
= 10% / -30% = -0.33, sales volume increased by less that 30%, lets say 10%
total revenue went from $1,000 to $770
the more inelastic, the larger the decrease in total revenue
The demand of Rhonda's customers would be characterized as:
A). Price Inelastic
"Price Inelastic demand" is described as the demand in which the demand remains a little affected by a bigger change in the price of that product or commodity. In the given situation, the demand for the surf at Rhonda's shop would be considered price inelastic because, despite the 30% off, the revenue of her shop decreased. This implies that the surf exemplifies an essential item and its consumers are not much affected by the fall in the price.
Thus, option A is the correct answer.
Learn more about "Elasticity of Demand" here:
brainly.com/question/15654343
Baker is single and earned $225,200 of salary as an employee in 2018. How much should his employer have withheld from his paycheck for FICA taxes? (Rounded to the nearest whole dollar amount)
A) $11,453
B) $10,861
C) $10,415
D) $15,892
Answer: $11,453
Explanation:
In 2008:
FICA-Social Security tax was payable at 6.2% of a limit of $128,400.
FICA-Medicare tax was payable at 1.45% of the total amount of $225,200.
Additional Medicare tax was payable on any amount in excess of $200,000 at 0.9%.
= (6.2% * 128,400) + (225,200 * 1.45%) + ( (225,200 - 200,000) * 0.9%))
= $11,453
Mr. Gomez is a company president who inspires his workers to be their very best and achieve high accomplishments. He encourages them to trust their capabilities and be confident. Mr. Gomez is exhibiting:____________.
a. inspirational motivation
b. charisma
c. developmental value
d. managerial prowess
Answer:
c is the correct answer
There are different kinds of leaders. Mr. Gomez is exhibiting Charisma.
Charismatic authority is known to be a type of leadership created by the German sociologist Max Weber. It is an organization setting where leadership authority gets it power from the charisma of the leader.
This type of leadership is when a leader uses charismatic qualities to inspire followers. Example is Martin Luther King Jr.
learn more from
https://brainly.com/question/24862456
All member states of the European Union apply a single set of tariffs, called the ____ tariff, on goods imported from outside the European Union
Answer:
Common Customs
Explanation:
A tariff is a form of tax levied on the import of goods and services. It is used to regulate the import of goods.
Tariffs are used to regulate imports as they increase the price of imports
In ________, salespeople are independent contractors who not only sell the product, but also recruit additional salespeople.
Answer:
Multi-level marketing.
Explanation:
A business organization that is run with multi-level marketing strategy typically has 3 sources of income:
- The amount of money that each person have to pay in order to gain the membership status.
- The amount of money that memberships owners have to pay to be a distributor of their product
- The amount of money that they get from the sales of their product.
Most multi-level marketing companies will provide their members with some sort of 'Reward' if they managed to convert other people into purchasing memberships to organization. So, the more their members convert other people, the more wealthy that members will be. This will create a hierarchy like within an organization where the members who bring the most memberships place at the top of the hierarchy.
Assuming that an investor requires a 10% annual yield over the next twelve years, how much would she be willing to pay for the right to receive $20,000 at the end of year 12?
Answer:
the present value is $6,372.62
Explanation:
The computation of the amount that willing to pay is shown below
As we know that
Future value = Present value × (1 + rate of interest)^number of years
$20,000 = Present value × (1 + 0.10)^20
$20,000 = Present value × 3.13842837
So, the present value is
= $20,000 ÷ 3.13842837
= $6,372.62
hence, the present value is $6,372.62
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A firm has a return on equity of 16 percent. The total asset turnover is 1.5 and the profit margin is 9 percent. The total equity is $3,500. What is the net income?
Answer:
the net income is $560
Explanation:
The computation of the net income is shown below;
Return on equity (ROE) = net income ÷ total equity
16% = net income ÷ $3,500
net income = $3,500 × 16%
= $560
hence, the net income is $560
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Lacy set her textbook under her chair in her business law class and then forgot to take it with her when she left the classroom. A janitor later discovered the textbook and gave it to the Dean of the Business College. In this situation:___________.a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.b. the college is a bailee by agreement because holding items in a lost and found box is generally part of the college-student agreement when the student enrolls for classes.c. the college is responsible for the discovered textbook because in this situation, the college is subject to implied warranties unless the college has disclaimed such warranties in the student handbook.d. this is a bailment for the sole benefit of the bailee.
Answer:
a. the college is a constructive bailee, obligated to return the textbook to Lacy, and until it does, it is liable for harm to the property.
Explanation:
When a party comes into possession of a property not by contractual agreement, they are referred to as constructive bailee and are obligated to take care of the property till it is returned to the owner.
The bailee does not willingly take possession of the property, rather unforseen circumstances leads to them possessing it.
This is common when a person forgets his property in a place.
In the given scenario the college (Dean of Business College) became a constructive bailee when they recieved the misplaced textbook. So they are obligated to care for the textbook till it get back to Lacy or be held liable for any harm done
In Maslow's hierarchy, managers must first ensure a person's _______ needs are fulfilled in order to have a motivated workforce.
a. esteemb. belongingnessc. physiologicald. sociale. self-actualization
Answer:
c. Psychological
Explanation:
Maslow's heirachy of needs states that people are driven to find a job or a means of livelihood because of various motivation factors. These needs must be satisfied before a person looks to obtain other less important needs.
The first level of needs are the psychological needs. These have to be satisfied before an employee will look to other needs.
They include man's basic needs to live like food, shelter, and clothing.
After these are satisfied one can now focused on security needs, social needs, esteem needs, and self actualization.
Monopoly firms face a. downward-sloping demand curves, so they can sell only the specific price-quantity combinations that lie on the demand curve. b. horizontal demand curves, so they can sell only a limited quantity of output at each price. c. horizontal demand curves, so they can sell as much output as they desire at the market price. d. downward-sloping demand curves, so they can sell as much output as they desire at the market price.
Answer:
Option d (downward..................................market price) would be the right approach.
Explanation:
The monopoly is attributed to the idea that an organization and therefore its distribution channels control one market or business. Monopolies may be called a social consequence of unlimited access competition and therefore are frequently further used to characterize an organization that had already absolute or relatively close market power.Other options aren't connected to something like the situation in question. So the above alternative seems to be the right one.
Economies of scale are associated with:________
a. indivisible setup costs.
b. diminishing marginal productivity.
c. zero setup costs.
d. the short run.
Answer:
b. diminishing marginal productivity.
Explanation:
Economies of scale means that as total output increases, the average total cost per unit decreases. This continues until a point where marginal costs will start to increase as well as average total cost per unit. In other words, marginal productivity decreases as total output increases, and at one point it will become negative.
When a finalist does not get a job offer, they are likely to perceive ________.
a. low procedural fairness
b. low distributive fairness
c. low interactional fairness
d. high interactional fairness
Answer:
b. low distributive fairness
Explanation:
Staffing is simply ways or means of acquirement, deployment, and retainant of a workforce of sufficient quantity and quality so as to give or bring about (create) positive impacts on the organization's/firm effectiveness. There are Three types of justice. They are: Distributive, procedural, and interactional. Distributive justice is based on perceived fairness of decision-making outcomes.
Distributive fairness is the perceived fairness of the hiring or promotion outcome.. when distributive justice is low, it means that there is a lack of fairness that people are getting rewarded what they should.
When a bond sells at a premium:___________
a) The contract rate is above the market rate.
b) The contract rate is equal to the market rate.
c) The contract rate is below the market rate.
d) It means that the bond is a zero coupon bond.
Answer:
a) The contract rate is above the market rate.
Explanation:
In the case when the bond is sold at the premium that means the contract rate or the coupon rate is higher than the market rate
While on the other hand, when the bond is sold at the discount that means the contract rate or the coupon rate is lower than the market rate
Therefore as per the given situation, the correct option is a.
hence, all the other options are wrong
According to Miller and Modigliani, in a world without taxes or the possibility of bankruptcy, the value of a firm with debt is.:_____
Answer:
the same as the value of a firm without debt.
basic premise is:
V levered = V unlevered
Explanation:
The Miller and Modigliani theory was developed for a tax free world. Its application on normal everyday life and reality is limited. Markets are not efficient and decisions are not always rational. It is a very good model form a theoretical point of view, but theory is not the same as reality.
Two major concerns of Management Accounting are:
a. Controlling and Executing.
b. Controlling and Investigating.
C. Planning and Controlling.
d. Planning and Investigating.
A firm has a tax burden of 0.6, a leverage ratio of 1.2, an interest burden of 0.7, and a return-on-sales ratio of 14%. The firm generates $2.64 in sales per dollar of assets. What is the firm's ROE
Answer:
18.63%
Explanation:
Calculation for the firm's ROE
Using this formula for
ROE=(Tax burden)(Leverage ratio)(Interest burden)(Return-on-sales ratio)(Sales per dollar of assets)
Let plug in the formula
ROE = (.6)(1.2)(.7)(.14)(2.64)
ROE=18.63%
Therefore the firm's ROE is 18.63%
You are a new project manager who has been entrusted with a project. The project has entered the Execution phase, and you as the project manager, discover that there is a need to spend part of the project funding to bring an external consultant, to cover for an employee leaving the project team. If you are authorized to make decisions about spending this project fund, what kind of an organization structure are you working in?
Answer:
Project ( Projectized)
Explanation:
project management simply entails thorough planning, organizing, and managing resources to bring about the successful completion of specific project goals and objective.
3 main types of organizational structures are functional (departmentalized), matrix, and project.
In projectized - an organizational structure, the project manager has full power to assign works, apply resources, and direct the work of persons that is assigned to the project.
It is characteristized by subject matter experts (SMEs) from different functional areas are assigned to directly report to the project manager (PM) for a specific project and others.
Which kinds of employment discrimination are prohibited under one body of law, but are permitted under the other body of law?
Answer is given below:
Explanation:
Federal law prevents corrosion in many areas, including recruitment, recruitment, jobs, evaluation, promotion, training and compensation. State law often provides protection for additional categories or employers. Federal law or California law provides additional protection from employment discrimination. Federal law makes it illegal to discriminate on the basis of race and color and nationality and origin and religion or gender etc.If Congress votes to increase spending and taxes by the same amount, what is the effect on employment and interest rates
Answer:
a. Increase / Increase
Explanation:
Since in the question it is mentioned that there is an increase in taxes and government spending so it represents the positive stimuls as it occurs because the government incurrent all the revenue for the public welfare due to which there is a rise in the government expenditure that boost the aggregate demand also the GDP value would be rise because of the multiplier effect
Therefore the employment level and the rate of interest would also increased
Answer:
The correct answer was increase / no change
Explanation:
Just took the test
Net capital outflow measures the imbalance between the amount of a. foreign assets held by domestic residents and domestic assets held by foreign residents. b. foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners. c. foreign assets bought by domestic residents and the amount of domestic goods and services sold to foreigners. d. None of the above is correct
Answer:
b) the imbalance between the amount of foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners.
Explanation:
Net capital outflow can be regarded as net flow of invested funds in country abroad by a home country during a particular period of time. It should be noted that the Net capital outflow measures the imbalance between the amount of the imbalance between the amount of foreign assets bought by domestic residents and the amount of domestic assets bought by foreigners.
Your Boston-headquartered manufacturing company, Wruck Enterprises, obtained a 54-million-peso loan from a Mexico City bank last month to fund the expansion of your Monterrey, Mexico, plant. The exchange rate was 14 U.S. cents per peso when you took out the loan, but since then the exchange rate has dropped to 7 U.S. cents per peso. Has Wruck Enterprises made a gain or a loss due to the exchange rate change, and how much
Answer: 3.78 million dollars
Explanation:
Based on the information given in the question, the amount of money that Wruck Enterprises would pay when the exchange rate is 7 US cents per peso would be:
= 54-million × 7 cent
= 378,000,000 cent
= 3.78 million dollars
When the exchange rate was 14 U.S. cents per peso , the amount paid would have been:
= 54 million × 14 cent
= 756,000,000 cent
= 7.56 million dollars
Therefore, Wruck Enterprises made a gain of (7.56 million - 3.78 million) = 3.78 million dollars
Benet Company has budgeted the following unit sales:
2019 2020
Quarter Units Quarter Units
1 1105,000 1 4120,000
2 190,000
3 260,000
4 375,000
The finished goods inventory on hand on December 31, 2018 was 21,000 units. It is the company's policy to maintain a finished goods inventory at the end of each quarter equal to 20% of the next quarter's anticipated sales. Prepare a production budget for 2019.
Answer:
Benet Company
Production Budget for 2019:
Quarter Quarter Quarter Quarter
1 2 3 4
Ending inventory 38,000 52,000 75,000 24,000
Units Sold 105,000 190,000 260,000 375,000
Units available for
production 143,000 242,000 335,000 399,000
Beginning Inventory 21,000 38,000 52,000 75,000
Units produced 122,000 204,000 283,000 324,000
Explanation:
a) Data and Calculations:
2019 2020
Quarter Units Quarter Units
1 105,000 1 120,000
2 190,000
3 260,000
4 375,000
Ending inventory
December 31, 2018 = 21,000
Quarter 1, 2019 = 38,000 (190,000 * 20%)
Quarter 2, 2019 = 52,000 (260,000 * 20%)
Quarter 3, 2019 = 75,000 (375,000 * 20%)
Quarter 4, 2019 = 24,000 (120,000 * 20)
Production Budget for 2019:
Quarter Quarter Quarter Quarter
1 2 3 4
Ending inventory 38,000 52,000 75,000 24,000
Units Sold 105,000 190,000 260,000 375,000
Units available for
production 143,000 242,000 335,000 399,000
Beginning Inventory 21,000 38,000 52,000 75,000
Units produced 122,000 204,000 283,000 324,000
The required return on the stock of Moe's Pizza is 10.8 percent and aftertax required return on the company's debt is 3.40 percent. The company's market value capital structure consists of 69 percent equity. The company is considering a new project that is less risky than current operations and it feels the risk adjustment factor is minus 1.9 percent. The tax rate is 39 percent. What is the required return for the new project?
Answer:
6.88%
Explanation:
Weighted Average Cost of Capital (WACC) = [After Tax Cost of Debt * Weight of Debt] + [Cost of equity * Weight of Equity]
WACC = [3.40%*0.39] + [10.80%*0.69)
WACC = [0.034*0.39] + [0.108*0.69)
WACC = 0.01326 + 0.07452
WACC = 0.08778
WACC = 8.78%
The required return for the new project = Weighted Average Cost of Capital – Risk Adjustment Factor
The required return for the new project = 8.78% - 1.90%
The required return for the new project = 6.88%
Jessica retired at age 65. On the date of her retirement, the balance in her traditional IRA was $218,000. Over the years, Jessica had made $21,800 of nondeductible contributions and $69,000 of deductible contributions to the account. If Jessica receives a $68,000 distribution from the IRA on the date of retirement, what amount of the distribution is taxable?
and its not 51000
Answer:
The amount of the distribution that is taxable is $61,200.
Explanation:
The following are given in the question:
Balance in IRA = $218,000
Nondeductible contributions = $21,800
Amount of distribution received = $68,000
Therefore, we have:
Nondeductible portion = Nondeductible contributions / Balance in IRA = $21,800 / $218,000 = 0.10
Taxable portion = 1 - Nondeductible portion = 1 - 0.10 = 0.90
Taxable amount = Taxable portion * Amount of distribution received = 0.90 * $68,000 = $61,200
Therefore, the amount of the distribution that is taxable is $61,200.
On August 1, a $39,600, 8%, 3-year installment note payable is issued by a company. The note requires equal payments of principal plus accrued interest of $15,366.13. The entry to record the first payment on July 31 would include: Multiple Choice Debit to Cash of $15,366.13. Credit to Notes Payable of $15,366.13 Debit to Interest Expense of $3,168.00. Debit to Notes Payable of $15,366.13 Credit to Cash $12,198.13
Answer:
Debit to Notes Payable of $15,366.13
Explanation:
The Notes Payable are debited and Cash is Credited. This is done to show the decrease in the Liability and a decrease in Assets as a result of the repayment.
Magix Productions orders new equipment for the company. The new equipment costs $50,000 and will help the company to save $10,000 annually. What is the average rate of return of the equipment?
A. 15 percent
B. 20 percent
C. 35 percent
D. 40 percent
Answer:
B. 20 percent
Explanation:
The computation of the average rate of return of the equipment is shown below:
= Average net profit or savings ÷ average investment
= ($10,000 ÷ 2) ÷ ($50,000 ÷ 2)
= $5,000 ÷ $25,000
= 20%
hence, the average rate of return of the equipment is 20%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
