Suppose you are stranded on an island. Luckily, this island is rich in clams and mangos. If you devote all of your time to harvesting clams, you can get 100 clams in a week. If you us all of your time to collect mangos, you can find 200 mangos in a week.
Assume it is possible to collect fractional amounts of both goods and draw a sketch of your production possibility frontier for a week. (Place mangos on the x-axis and clams on the y-axis.)
Calculate the opportunity cost of each good. (Use a straight-line PPF for this question because the opportunity cost is constant - it doesn't change)

Answer:

a) attached below

b) Wheat production

c) Yes there is a possible trade that benefits both countries

d) attached below

Explanation:

Opportunity cost can be expressed as

= Value/cost of alternative / value/cost of chosen alternative

a) Draw each country's production possibility curve

attached below

b) United state have a comparative advantage in Wheat production because of lower opportunity cost

c) The possible trade that would benefit both countries is when  both countries trade on goods that they have lower comparative opportunity cost

i.e. Japan producing just Bolt cloths while United states produce Wheat alone

d) combined production possibility curve

attached below

Answer:

the amount of the concord company check is $2,548

Explanation:

The computation of the amount of the concord company check is shown below:

= Sale value of the merchandise - discount

= $2,600 - ($2,600 × 2%)

= $2,600 - $52

= $2,548

Hence, the amount of the concord company check is $2,548

The same should be considered

Answer:

It has been a well known fact that competitive strategy creates a unique value for a target set of movie customers. However, it is not able to predict nor explain the outcome due to the fact that Marvel only focused on trying to compete to be the best in comic and superhero films which thus resulted in basically a case whereby there was a competition in which one participant wins totally and another loses without gaining any objectives and thus they were not able to win.

Explanation:

This question is taken from a book titled "The Marvel Way: Restoring a Blue Ocean". It was written by W. Chan Kim, Renee Mauborgne, Michael Olenick. The central theme of the book was about one of the greatest turnarounds in modern business history by the then Marvel CEO with the name Peter Cuneo who was responsible for turning the business around and succeeded in launching a blue ocean.

From the question, neither predicts nor explains the outcome because;

It has been a well known fact that competitive strategy creates a unique value for a target set of movie customers. However, it is not able to predict nor explain the outcome due to the fact that Marvel only focused on trying to compete to be the best in comic and superhero films which thus resulted in basically a case whereby there was a competition in which one participant wins totally and another loses without gaining any objectives and thus they were not able to win.

Answer:

mark as the brainly plss

Answer: Hello your question has some missing details

Their goals are as follows:

• Create brand and product awareness

• Engage with users

• Increase website traffic and conversions

answer :

Tools : Qwaya , Ads A/B Testing , AD roll

" A social media platform " can be used to achieve these goals

Explanation:

Booktix goals been  

to Create brand and product awareness ,  Engage with users  and Increase website traffic and conversions

some of The best tools that they can use are:

Qwaya : This is an all in one software that can help Brook tix achieve all their goals in one place

Ads A/B Testing; this tool is used to test for the results of adverts been run. the main purpose of this tool is to help you know where to channel your resource for future adverts .

AD roll ; A tool used for the purpose of retargeting potential and existing clients

The platform I would recommend for Booktix is " A social media platform "

Answer:

0.75

Explanation:

Marginal Propensity to Consume (MPC) is the change in consumption due to change in income

Change in consumption = $7,250 - $6,500 = $750

Change in income = $11,000 - $10,000 = $1,000

MPC = Change in consumption / Change in income

MPC = 750 / 100

MPC = 0.75

Answer:

Explanation:

Product T

Contribution Margin Ratio=Contribution Margin / Sales

Contribution margin ratio= 299,130.00/ 997,100

Contribution margin ratio=30.00%

Break-Even Dollars=

Fixed costs/Contribution margin ratio Break-even dollars=$150,130/30%

Break-even dollars=$500,433

Product O

Contribution Margin Ratio=Contribution Margin / Sales

Contribution margin ratio= 897,390/ 997,100

Contribution margin ratio= 90.00%

Break-Even Dollars=Fixed costs/ Contribution margin ratio

Break-Even Dollars=$748,390/90% Break-Even Dollars=831,544

Answer:

integrated Marketing communication

Explanation:

This method is used by firms and companies to brand their communications and also in their coordination. It makes sure that all the various forms of communications are well linked together. This would create a unified communication channel for the consumer during their interactions with the enterprise. the aspects it integrates includes, advertising, public relations, social media and promotion of sales.

Answer:

5.57

Explanation:

Calculation to determine what Swifty inventory turnover ratio (rounded) in 2017 was

Using this formula

Inventory turnover ratio =Cost of goods sold/Average Inventory

Let plug in the

Inventory turnover ratio=$604000/[($89000+$128000)/2]

Inventory turnover ratio=$604000/($217,000/2)

Inventory turnover ratio=$604000/108,500

Inventory turnover ratio=5.57

Therefore Swifty inventory turnover ratio (rounded) in 2017 was 5.57

Explanation:

Juice division at Coca Cola is not an example of cost center.

[tex] \\ [/tex]

Stay Safe!シ︎

Answer:

Promissory agreement.

Explanation:

A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

Thus, when goods are sold to a customer by a business entity and the customer promises to pay an amount of money at a certain future time period it is known as a promissory agreement.

A promissory note can be defined as a signed document that contains a written promise by a customer to pay a specific amount of money to an individual or business firm, on demand or at a certain future time period, for the goods or services purchased.

Answer:

When a country that is not the United States uses the U.S. dollar as its currency.

Explanation:

A country is said to "dollarize" when such a country allows the use of the dollar alongside or instead of its currency.

A country may dollarize in order to increase ease of doing businesses or as a means of facilitating tourism and boosting the country's tourism potential.

Dollarization may be official and have the approval of the leadership of a country. This occurs when a country ceases to use her domestic currency and begins to use only foreign currency.

Answer:

Aurillo Equipment Company (AEC)

If AEC refinances its high interest bonds, its projected new ROE will be:

= 15.6%

Explanation:

a) Data and Calculations:

Total debt = $200,000

Debt ratio = 80%

Total assets = $250,000 ($200,000/80%)

Equity = $50,000 ($250,000 - $200,000)

Old interest rate on old debt = 14%

New interest rate on refinanced debt = 10%

Total interest = $20,000 ($200,000 * 10%)

Sales revenue = $300,000

EBIT =        $33,000

Interest       20,000

Before tax $13,000

Tax =             5,200 (40% of $13,000)

Net income $7,800

ROE = Net income/Equity * 100

= ($7,800/$50,000 * 100)

= 15.6%

Answer:

$2,969.22

Explanation:

Equal principal repayment=$2,500/5

Equal principal repayment=$500

The fact that Jeremy's son repaid $517.50 at the end of the 5th year, means that the interest paid in year 5 is the difference between the amount repaid($517.50) and the equal principal repayment($500)

interest paid in year 5=$517.50-$500=$17.50

That also means that the balance outstanding at the beginning of year 5( at the end of year 4) is $500, which effectively means that the interest rate on the loan is the determined thus:

interest paid in year 5=balance at the end of year 4*interest rate

$17.50=$500*interest rate

interest rate=$17.50/$500

interest rate=3.50%

The schedule of repayment is attached

The first repayment would be invested for 4 years, since it is occurring at the end of year 1( in years 2-5), the year 2 repayment would be invested for only 3 years and so on.

FV value of reinvestment of repayment=$587.50*(1+3.50%)^4+$570.00*(1+3.5%)^3+$552.50*(1+3.5%)^2+$535.00*(1+3.5%)^1+$517.50

FV value of reinvestment of repayment=$2,969.22

Answer:

The amount the fund accumulated to by the end of the 5 years is $2,648.23.

Explanation:

Step 1: Calculation of interest rate

The interest rate can be calculated using the following RATE function in Excel:

Interest rate = RATE(nper,pmt,-pv,fv,type) .............(1)

Where;

nper = number of periods = number of years = 5

pmt = Fixed annual payments = Amount repaid by his son at the end of the 5th year = $517.50 = 517.50

pv = present value = Loan amount = $2,500 = 2500

fv = future value = desired cash balance after last payment = 0

type = when payments are due (0 = end of period. 1 = beginning of period) = 0

Substituting the values into equation (1), we have:

Interest rate RATE(5,517.50,-2500,0,0)  .................. (2)

Inputting =RATE(5,517.50,-2500,0,0) into a cell in an excel sheet (Note: as done in the attached excel file), we have:

Interest rate = 1.16%

Step 2: Calculation of the amount the fund accumulated to by the end of the 5 years

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (3)

Where,

FV = Future value = The amount the fund accumulated to by the end of the 5 years =

M = Fixed annual payments = $517.50

r = Interest rate = 1.16%, or 0.0116

n = number of years = 5

Substituting the values into equation (3), we have:

FV = $517.50 * (((1 + 0.0116)^5 - 1) / 0.0116)

FV = $517.50 * 5.11735342258641

FV = $2,648.23

Therefore, the amount the fund accumulated to by the end of the 5 years is $2,648.23.

Answer and Explanation:

Property, Plant and Equipment(PPE) are reported are reported at book value in the balance sheet statement. Over it's useful life, depreciation is allocated as expense to PPE and accumulated depreciation is calculated for total of depreciation expense to get net book value(cost less depreciation expense). PPE is only reported at fair value when it is going to be sold or it is damaged/impaired asset. Otherwise it is not useful to report PPE at fair value in the statement.

Answer:

b. All companies, regardless of the strategy being employed, should pursue actions to manage employee compensation and labor productivity in a manner that results in labor costs per pair produced that are equal to (or very close to) the industry-low in each region where the company has plants.

Explanation:

The less labor cost of production per pair could be attained in following two ways

1. The productivity level is icnreased

2. The compensation should be managed and it provides the combination of both fixed and variable. Also it pays the high compensation but at the more productivity rate due to which the labor cost per pair would fall

So as per the given situation, the option b is correct

Answer:

The answer is "116 doorknobs".

Explanation:

The standard deviation of the demand before the (four weeks) protection intervals = [tex]\sigma-d \times (\sqrt{L}) = 100 \ units\\[/tex]

The desired cycle service level is [tex]99\%[/tex].Therefore, [tex]z = 2.33[/tex]

The safety stocks for the four-weeks protecting interval are:

Safety stock [tex]= z\times [ \sigma-d \times (\sqrt{L})][/tex]

                     [tex]= 2.33 \times 100 \\\\= 233\ door\ knobs[/tex]

The safety stocks require for the one-week protection interval are: [tex]\sigma-dLT = \sigma-dt \times (\sqrt{L}) = \sigma-dt \times (\sqrt{4}) = 100\ door\ knobs\\\\\sigma-d = \frac{100}{(\sqrt{4})} = \frac{100}{2} = 50 \ door\ knobs\\\\[/tex]

Safety stock [tex]= z\times \sigma-dt = 2.33 \times 50 = 116.5 \ or\ 117 \ door\ knobs\\\\[/tex]

Safety stock reduction[tex]= 233 -117 = 116 \ door\ knobs[/tex]

Answer:

that most likely occurred before the date of the financial statements

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).

Basically, financial statements are formally written records of the business and financial activities of a business entity or organization. The four (4) main types of financial statements are; cash-flow statement, balance sheet, statement of changes in equity and income statement.

Furthermore, there are two (2) main methods used in financial accounting for analyzing financial statements and these are;

I. Vertical analysis.

II. Horizontal analysis.

A Type I subsequent event refers to an event that most likely occurred before the date of the financial statements. Thus, it must have been reported or posted before the date of publishing a financial statement.

On the other hand, any event that is most likely to occur after the date a financial statement is issued, is referred to as a Type II subsequent.

Answer:

Wolfe Company

The amount of:

                                      LIFO         FIFO    Weighted Average

Ending inventory      $50,500    $65,100        $58,005

Cost of goods sold  $113,200   $98,600       $105,698

Explanation:

a) Data and Calculations:

Date Transaction             Number of units   Unit Cost   Cost Value

1/1     Beginning inventory             2,000        $22.00    $44,000

4/12  Purchase No. 1                      2,300        $26.00      59,800

7/11   Purchase No. 2                        800        $28.00      22,400

10/5 Purchase No. 3                      1,250        $30.00      37,500

Total inventory available              6,350                       $163,700

Wolfe sold                                      4,100

Ending Inventory                          2,250

LIFO

Ending Inventory = $50,500 (250 * $26 + 2,000 * $22)

Cost of goods sold:

4/12  Purchase No. 1                      2,050        $26.00      53,300

7/11   Purchase No. 2                        800        $28.00      22,400

10/5 Purchase No. 3                      1,250        $30.00      37,500

Total cost of goods sold =            4,100                        $113,200

FIFO:

Ending Inventory = Cost of goods available for sale - Cost of goods sold

= $65,100 ($163,700 - $98,600)

Cost of goods sold:

1/1     Beginning inventory             2,000        $22.00    $44,000

4/12  Purchase No. 1                      2,100        $26.00        54,600

Total cost of goods sold = $98,600

Weighted average:

Weighted average cost = $25.78 ($163,700/6,350)

Ending inventory = $58,005 (2,250 * $25.78)

Cost of goods sold = $105,698 (4,100 * $25.78)

Hi, you've asked an incomplete question. However, I provided some explanation about what monopoly entails.

Explanation:

Note that the term monopoly basically refers to a market environment in which an entity or enterprise is the only producer of a particular commodity.

In such a situation, the monopolist firm has a market advantage of being able to choose what price to sell its products without been concerned about the price of the competitor's products.

Answer:

All of the above are correct.

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.

Because price is set above equilibrium price, quantity supplied would exceed quantity demanded and there would be a surplus.

Because price is set above equilibrium price, quantity demanded will decrease

Answer:

A. True

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Cash flow statement: it contains financial information about operating, financial and investing activities.

2. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

3. Income statement: it contains financial information about the income and expenses of an organization.

An income statement comprises of the financial information about the income and expenses of an organization over a specific period of time.

4. Balance sheet: it contains financial information about assets, liability, and equity.

Furthermore, the amount of a cash dividend liability is expected to be recorded on the particular date of record because it is this date that identify the persons or entities who receives the dividend.

Answer:

the current yield on the stock is 3.42%

Explanation:

the computation of the current yield on the stock is shown below:

Current yield = Annual dividends paid ÷ Current market closing price

= ($0.27 + $0.15) ÷  $12.27

= $0.42 ÷ $12.27

= 3.42%

hence, the current yield on the stock is 3.42%

we simply applied the above formula to determine the current yield on the stock

Answer: Factors Affecting Net Present Value. The major factors affecting present value are the timing of the expenditure (receipt) and the discount (interest) rate. The higher the discount rate, the lower the present value of an expenditure at a specified time in the future.

Explanation:

Answer:

The residuary clause

Explanation: As Mary would like to leave the balance of her estate to her brother tom this will fall under the  residuary clause.

Answer: See explanation

Explanation:

a. 1 jan 2020

Debit Cash $10,900

Credit Unearned revenue $10,900

31st dec 2020

Debit Unearned revenue $10,900

Credit Service revenue $10,900

1 jan 2020

Debit Cash $10,900

Credit Unearned revenue $10,900

31st dec 2020

Debit Unearned revenue $10,900

Credit Service revenue $10,900

b. 1 Jan 2021

Debit Cash $30500

Credit Unearned revenue $30500

31st dec 2020

Debit Unearned revenue $7,625

Credit Service revenue $7,625 ($30500/4)

c. 1 Jan 2020

Debit Cash $30500

Credit Unearned revenue $30500

31st Dec 2020

Debit Unearned revenue $8,700

Credit Service revenue $8,700

Answer:

1. Ex-ante real interest rate is:

= 4%

2. Ex-post real interest rate is:

= 5%

3. The LENDER benefits from lower actual inflation.  By this, the Ex-ante real interest rate is lower than the Ex-post real interest rate at which the borrower will repay the loan.

Explanation:

a) Data and Calculations:

Nominal interest = 6%

Expected inflation = 2%

Actual inflation = 1%

Ex-ante real interest rate = 4% (6% - 2%)

Ex-post real interest rate = 5% (6% - 1%)

b) The implication is that inflation is lower than expected, and this benefits the lender at the expense of the borrower.  The opposite is applicable when the inflation is higher than expected, and the result benefits the borrower at the expense of the lender.

Answer:

total expenditures equal total production.

Explanation:

In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production

Hence, the last option is correct

Answer:

Following are the responses to the given question:

Explanation:

Statement In December the computation of typical spoiling units shall be shown:

Particulars                                   Units

WIP Inventory Start on 12 January 2019      22,500

Departments began in December             76,700

Total stock available for both the month     99,200

Less: transferred units on 31 December 2019       72,500

Inventory of Less: WIP on 31 December 2019        18,400

Inventory of Balance (Normal Spoilage units)        8,300