Answer: b. Having a stable job with a high salary
Explanation:
The Cost-benefit analysis takes into account the costs and rewards of doing something. It however only takes into account costs and benefits that are directly attributable to the thing in question.
The Cost benefit analysis of going to college for instance would include the cost of college which is having to take a student loan most times and therefore incurring debt.
The benefits however include, having an education and getting a degree.
Getting a degree is not a guarantee that you will get a stable job with a high salary so this is not directly related to going to college and so cannot factor into the cost benefit analysis of college.
Use the following scenario for the question below. A group of 100 people seeks out an insurance company to underwrite health insurance for its members. The expected medical spending for the group is $150,000. Assume a net loading cost of 15 percent. If an additional 10 people, who have expected medical spending of $5,000 per person on average, join the group, the new premium will be approximately: a. $2,100. b. $2,300. c. $1,818. d. $3,090. e. $5,822.
The new premium given the medical spending and the number of people will be approximately $2,100
How to find new premiumGiven:
Number of people = 100Additional people = 10Total = 110Medical spending = $150,000Medical spending per person (additional) = $5000
Medical spending for additional people = $5,000 × 10
= $50,000
Total medical spending = $150,000 + $5,000
= $200,000
Average per person = Total medical spending / number of persons
= $200, 000 / 110
= $1818.18181818181
Net loading cost = 15%
New premium = 1818.18181818181 + (15% of 1818.18181818181)
= 1818.18181818181 + 272.727272727272
= $2090.90909090909
Approximately,
$2,100
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company name ends with NPC
Identifying your sources will help you to establish credibility.
Question 6 options:
True
False
Answer:
True
Explanation:
Identifying your sources help your audience believe that your information is reliable.
The statement is True. Identifying your sources will help you to establish credibility.
You can increase your trustworthiness by: Being competent is being knowledgeable in your chosen subject. Giving accurate, verified facts is being honest. Responsibility for your choices and deeds.
Why is it important to establish credibility?
Credibility is a crucial quality since it has the power to change people's habits, attitudes, and behaviors. Therefore, if a business, its representatives, or its brand lack credibility, others will be less inclined to trust what is being said or taught, making communication pointless.
You must be regarded as a reliable source of information and judgment by your team members if you want to build credibility. However, when it comes to establishing credibility, deeds speak louder than words. For instance, you risk losing people's confidence if you don't keep your word or make poor decisions without a clear plan.
Thus, Three factors trustworthiness, expertise, and dynamism were taken into consideration while evaluating the people we were working with when only considering their credibility.
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What are the four types of organization structures
Answer:
1. Functional
2. Divisional
3. Matrix
4. Flat
Explanation:
Have a nice day :)
Answer:
Four main organizational structure types are:
I. Functional
II. Divisional
III. Matrix
IV. Flat
Explanation:
I. Functional Structure:
Employees performing similar or similar tasks are grouped together in this structure. For example, the financial department consists of accountants, and the same is true in the departments of marketing, operations, and human resources. This structure makes quick decision-making possible because the members of the group have the same skills and interests to communicate easily and can improve their capacities by learning from each other.
II. Divisional Structure
This structure groups employee's by-products or projects that satisfy the requirements of a certain customer type. For example, a catering service restaurant could structure the staff in different departments, such as a wedding service or a department of wholesale retail services. Workers are divided in order to achieve maximum efficiency.
III Matrix Structure:
A matrix structure has a complex story structure since it combines both functional and divisional elements. It first divides employees by specialization, then divides them into departments by project and product. A lot of planning and effort is needed to make this structure but one e has increased the team's productivity, encourages innovation and creativity, and good decision-making.
IV Flat Structure:
The traditional top-down management system is prevented by a flat organizational structure. No concept of boss is in place, every employee is their own boss, eliminating bureaucracy and enhancing direct communication. An employee with an innovative idea or proposal, for example, does not contact every level of senior management in order for the manager to get the idea. The staff can communicate with each other directly at a peer level.
Assume a pro rata reinsurance agreement with a 35% retention. Further assume a primary insurance contract with limits of $2,500,000, premiums of $20,000 and deductible $10,000. a)How much premium will the primary insurance company retain
Answer: $7000
Explanation:
Since there is a pro rata reinsurance agreement with a 35% retention, primary insurance contract with limits of $2,500,000, premiums of $20,000 and deductible $10,000, then the amount of premium that the primary insurance company will retain will be:
= Retention rate × Premium
= 35% × $20000
= 0.35 × $20000
= $7000
g The process of gathering information and forecasting relevant trends, competitive actions, and circumstances that will affect operations in geographic areas of potential interest is called ________. A. cultural analysis B. sustainable development C. environmental scanning D. internal analysis
Answer:
C. environmental scanning
Explanation:
Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment.
Basically, the informations acquired through environmental scanning are used by the executive (top) management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.
Furthermore, the internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.
On the other hand, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.
In conclusion, environmental scanning is a process which typically deals with gathering external and internal informations, forecasting relevant trends to an organization, competitive actions, and circumstances that will affect business operations in geographic areas of potential interest to an organization.
Labor power is a special commodity right or wrong?
Answer:
Right.
Explanation:
The labor market is as much a commodity as the materials are to be processed.
Labor power is a unique commodity in that it is a characteristic of living people who own it in their own bodies. They cannot permanently sell it to someone else because they own it within themselves; otherwise, they would be a slave, and a slave does not own himself.
Teams of retired executives who help new entrepreneurs with everything from writing business plans to answering questions about everyday operations are known as
Answer:
The answer is "Score".
Explanation:
Service corps of retired executives is a United states Smaller Business Administration (SBA) non-commercial organization its objectives are to provide advice for young or less-experienced entrepreneurs. Voluntary tutors are frequently entrepreneurs, but not the economic world whatsoever. These volunteers weren't just engaging in training on starting a business, but on how to develop & record company marketing films.
Mary wants to get a more complete picture of her productivity, so she has collected the following information. In addition, she would like to get her answer in $/$, so she has included the piece price. All values are given per hour except for the piece price which is ________$/unit.
Output: 15
Piece price: $83/unit
Labor cost: $45
Capital cost: $100
Overhead: $46
Answer:
6.5183 or 6.52
Explanation:
The calculation is given below:
We know that
Productivity = Total output ÷ Total input
Given that
Total wage paid = 45
Total cost of material = 100
Overhead cost = 46
Now
Total output produced = 1245 (15 units × $83 per unit)
So,
Productivity = 1245 ÷ (45 + 100 + 46 )
= 6.5183 or 6.52
TaskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard Standard Standard Quantity Price Cost Direct Materials 8 pounds $ 1.80 per pound $ 14.40 Direct Labor 0.25 hour $ 8.00 per hour 2.00 $ 16.40 During November, TaskMaster purchased 160,000 pounds of direct materials at a total cost of $304,000. The total factory wages for November were $42,000, 90% of which were for direct labor. TaskMaster manufactured 19,000 units of product during November using 142,500 pounds of direct materials and 5,000 direct labor hours. What is the direct labor rate variance for November
Answer:
The direct labor rate variance for November is $34,200
Explanation:
To find out the direct labor rate variance, we have to multiply the actual standard rate of direct labor into actual hours of direct labor used
Standard hourly rate of direct labor hour = $14.40
Actual direct labor hours = 5,000
Standard direct labor cost
= 5,000 × $14.40
= $72,000
Total factory wages are $42,000 in which direct labor is 90%
= $42,000 × 90%
= $37,800
Actual direct labor cost = $37,800
Therefore,
Direct labor rate variance = Standard direct labor cost - Actual direct labor cost
Direct labor rate variance
= $72,000 - $37,800
= $34,200
What are the desirable personal characteristics, attributes, lifestyles, skills, and traits of a prospective entrepreneur? Why are these important?
Answer:
The answer is below
Explanation
1. There are various desirable personal characteristics, attributes, lifestyles, skills, and traits of a prospective entrepreneur, some of them include
Competency,
Hardworking,
Risk-taking
Innovation
Perception
2. These characteristics or attributes of an entrepreneur are important because they guide and lead the entrepreneur in making the right decision. It also helps entrepreneurs to solve issues like conflicts, hire and fire where necessary, etc.
The most important/essential results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's competitiveness and rank among the top-performing companies in the upcoming decision round are:_________.
a. the celebrity endorsement data and the 4 graphs showing branded price and S/Q rating trends in each of the four geographic regions on p. 7 of the FIR.
b. the Income Statement and Balance Sheet data on p. 5 of the FR.
c. the strategic group maps for the Internet segment and Wholesale segment for each geographic region in the Competitive Intelligence Report.
d. the Industry Scoreboard and each company's performance on EPS, ROE, stock price, credit rating and image rating displayed on the first 3 pages of the FIR.
e. the Market Snapshot data in the top half of the Competitive Intelligence Report that shows each company's competitive efforts (prices, S/Q rating, models available, and so on) in each geographic region.
Answer:
e. the Market Snapshot data in the top half of the Competitive Intelligence Report that shows each company's competitive efforts (prices, S/Q rating, models available, and so on) in each geographic region.
Explanation:
In the case when the results arise from the recent decision that taken place the company or the manager should have to study for improving out the competitiveness and the ranking so that the market snapshot data could be done for all the zones and due to this the good decision could be carried out that helps in attaining the goals and objectives of the company
So, the last option is correct
What is one of the key phases of procurement processes that employ competitive bidding mechanisms?
A new tennis court complex is planned. Each of two alternatives will last 18 years, and the interest rate is 7%. Use present worth analysis to determine which should be selected.
Construction Cost Annual O&M
A $500,000 $25,000
B 640,000 10,000
Answer:
B should be selected.
Explanation:
Below is the calculation of net present worth:
Present value of A = -500000 - 25000 * (P/A, 7%,18)
Present value = -500000 - 25000 * 10.059087
Present value = -751477.17
Present value of B = -640000 - 10000 * (P/A, 7%,18)
Present value = -640000 - 10000 * 10.059087
Present value = -740590.87
The present value of B is lower so it will be selected.
Eric, a ghost writer, conducted market research and discovered a niche market in writing scripts for corporate online videos. He also knows now the market will bear $250 per script. What question should he ask next about placement of his marketing mix
Answer: What is the best way to get his service to his target customers
Explanation:
Market research is the process of determining how viable a product will be after research has been conducted in the market. This is vital in getting opinions of customers.
Marketing mix are the marketing tools which an organization can use in order to pursue its marketing objectives.
The question that should be asked about the marketing mix placement is "What is the best way to get his service to his target customers". This is vital in knowing the best method to use in making the product available to the customers.
If the best surgeon in town is also the best at cleaning swimming pools, then according to economic reasoning, this person should
Answer:
specialize in being a surgeon because its opportunity cost is lower.
Explanation:
Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.
Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.
Assuming the best surgeon in town is considered to be the best at cleaning swimming pools, then from an economic perspective and reasoning, this person should specialize in being a surgeon because its opportunity cost is lower.
This ultimately implies that, the benefits, profits or value associated with cleaning swimming pools i(alternative forgone) is lower compared to what is obtainable from being a surgeon.
Which of the following does NOT describe the front-end business practices of firms that respect the strategic roles of purchasing?
a. Product development is regarded as a front-end business practice.
b. Creativity does not require discipline.
c. Marketing in general is regarded as a front-end business practice.
d. High level of uncertainty is about the fact that people have to make important decisions and although they do not have all the relevant information they need.
e. Front-end business practices are discovery-driven in that they explore and create from what they do not know about.
Answer:
b. Creativity does not require discipline.
Explanation:
Front end business practice is the strategy to develop and progress business activities from customer perspective. It focusses on customer demand and then products are customized according to customer needs. Marketing efforts are placed to inform customers about the different features of the product.
____________- allows more than one variable at a time to be changed, and it takes into account the probabilities of changes in the key variables.
Answer:
scenario analysis
Explanation:
scenario analysis estimates changes that would result from a hypothetical change in the market or a reoccurrence of an historical event.
types of scenario analysis
1. historical scenarios : scenarios measure an hypothetical change that would result from a repeat of a particular period of financial history.
2. Hypothetical scenarios : scenarios have never occurred and are just conjured for the sake of analysis.
Sensitivity measures the impact of the change of one variable.
3 factors that caused human trafficking
Answer:
Mass eviction, war, extreme poverty, a lack of access to education and work prospects, violence, and destructive societal norms such as child marriage are all elements that drive people into trafficking situations.
Explanation:
34. A written review request to the insurance carrier is the only way to
resolve incorrectly processed claims.
Answer:
False. That is one of many.
Explanation:
False. That is one of many.
Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $34 per unit. To evaluate this offer, Troy Engines, Ltd., has gathered the following information relating to its own cost of producing the carburetor internally:
Per Unit 21,000 Units
Per Year
Direct materials $ 14 $ 294,000
Direct labor 12 252,000
Variable manufacturing overhead 2 42,000
Fixed manufacturing overhead, traceable 9 * 189,000
Fixed manufacturing overhead, allocated 12 252,000
Total cost $ 49 $ 1,029,000
*One-third supervisory salaries; two-thirds depreciation of special equipment (no resale value).
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 21,000 carburetors from the outside supplier?
Financial (disadvantage) ..................
2. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $210,000 per year. Given this new assumption, what would be financial advantage (disadvantage) of buying 21,000 carburetors from the outside supplier?
Financial advantage ...................
Answer:
1. Financial disadvantage ($63,000)
2. Financial advantage $147,000
Explanation:
1. Calculation to determine what would be the financial advantage (disadvantage)
Per Unit
Differential
Costs 21,000 Units
Make Buy Make Buy
Cost of purchasing
$0 $34 $0 $714,000
($34*21,000 Units=$714,000)
Direct materials
$14 $294,000 $0 $0
Direct labor
$12 $0 $252,000 $0
Variable manufacturing overhead
$2 $0 $42,000 $0
Fixed manufacturing overhead, traceable1
$3 $0 $63,000 $0
($9 per unit × 1/3=$3)
Fixed manufacturing overhead, common
$0 $0 $0 $0
Total costs $31 $34 $651,000 $714,000
Financial (disadvantage) of buying the carburetors $ (3) $ (63,000)
($31-$34=$3)
($651,000-$714,000=-$63,000)
Based on the above information the company should REJECT the offer and they should CONTINUE TO PRODUCE the carburetors internally.
Therefore the FINANCIAL DISADVANTAGE of buying 21,000 carburetors from the outside supplier is ($63,000)
2. Calculation to determine the financial advantage (disadvantage)
Make Buy
Cost of purchasing $0 $714,000
($34*21,000 Units=$714,000)
Cost of making $651,000 $0
($294,000+$252,000+$42,000+$63,000)
Opportunity cost—segment margin foregone on a potential new product line $210,000 $0
Total cost $861,000 $714,000
Financial advantage of buying the carburetors $147,000
($861,000-$714,000=$147,000)
Based on the above calculation, the company should ACCEPT the offer and thereby PURCHASE the carburetors from the outside supplier.
Therefore what would be FINANCIAL ADVANTAGE of buying 21,000 carburetors from the outside supplier is $147,000
Business executives often prefer to work with rate of return, so to overcome some of the IRR's limitations the modified IRR was devised. The MIRR equation is:
Answer:
Explanation:
MIRR equation is given by :
[(FV +ve cashflow / PV -ve cashflow)^(1/n)] - 1
FV +ve cashflow = Future value of positive cashflow at reinvestment rate
PV - ve cashflow = Present value of negative cashflow at finance rate
n = number of periods
The Modified Internal Rate of Return is a devised modification for the Internal rate of return, IRR which gives rate of return on percentage and overcomes the limitations of the IRR formula.
According to the video, what qualities or items do Cargo and Freight Agents need? Check all that apply.
college degree
familiarity with computers
driving skills
supervisory experience
high-school diploma
answers are 2 and 5
Answer:
B
E
Explanation:
S945274 is correct
Answer:
2 and 5 r the answer
Explanation:
KJ Pharma issues new bonds to fund an acquisition. The face value of the bond is $100 and annual coupon is 6.5%. Further, this bond matures in 20 years and is issued at a price of $105. Assuming KJ Pharma's tax rate is 30%, what is its After-Tax Cost of Debt
Answer:
4.24%
Explanation:
The computation of the after tax cost of debt is given below:
But before that we have to determine the before tax of debt by using RATE formula
Given that
Future value be $100
Present value be $105
PMT is $100 × 6.5% = $6.5
NPER is 20
The formula is
=RATE(NPER,PMT,-PV,FV,TYPE)
After applying the above formula, the before tax cost of debt is 6.06%
Now the after tax cost of debt is
= 6.06% × (1 - 0.30)
= 4.24%
Who's Candice?you get 61 points if you answer
Candice is a delightful young lady
Answer:
A strong ,courageous, beautiful , educated woman
The prepaid insurance account had a beginning balance of $7,560 and was debited for $810 for premiums paid during the year.
Required:
Journalize the adjusting entry required at the end of the year.
Answer: See explanation
Explanation:
Debit Insurance Expenses = $8370
Credit Prepaid insurance = $8370
(To record insurance expense for the current year)
Note that:
Opening prepaid Insurance = $7560
Add: Insurance premium = $810
Insurance expense = $8370
Job 148 requires $12,000 of direct materials, $6,700 of direct labor, 550 direct labor hours, and 270 machine hours. It also requires 9 hours of inspection at $40 per hour. Manufacturing overhead is computed at $28 per direct labor hour used and $42 per machine hour used. The total amount of overhead allocated is: a. $34,100. b. $26,740. c. $45,440. d. $15,400.
Answer:
b. $26,740
Explanation:
The computation of the total amount of overhead allocated is shown below:
overhead allocated is
= (actual direct labor hour × overhead rate per direct labor hour) + (Actual machine hour × overhead rate per machine hour)
= (550 × 28) + (270 × 42]
= $15,400 + $11,340
= $26,740
hence, the total amount of overhead allocated is $26,740
For each of the following cases, calculate the arc price elasticity of demand, and state whether demand is elastic, inelastic, or unit elastic.
a. When the price of milk increases from $2.25 to $2.50 per gallon, the quantity demanded falls from 100 gallons to 90 gallons.
b. When the price of paperback books falls from $7.00 to $6.50, the quantity demanded rises from 100 to 150.
c. When the rent on apartments rises from $500 to $550, the quantity demanded decreases from 1,000 to 950.
Answer:
a. Arc price elasticity of demand = - 1. The demand is unit elastic.
b. Arc price elasticity of demand = - 5.40. The demand is elastic.
b. Arc price elasticity of demand = - 0.54. The demand is inelastic.
Explanation:
The formula for calculating arc price elasticity of demand is as follows:
Arc price elasticity of demand = Percentage change in quantity demanded / Percentage change in price ................ (1)
Where, based on the arc price elasticity of demand, we have:
Percentage change in quantity demanded = {(New quantity demanded - Old quantity demanded) / [(New quantity demanded + Old quantity demanded) / 2]} * 100
Percentage change in price = {(New price - Old price) / [(New price + Old price) / 2]} * 100
Therefore, we have:
a. When the price of milk increases from $2.25 to $2.50 per gallon, the quantity demanded falls from 100 gallons to 90 gallons.
Percentage change in quantity demanded = {(90 - 100) / [(90 + 100) / 2]} * 100 = -10.5263157894737%
Percentage change in price = {(2.50 - 2.25) / [(2.50 + 2.25) / 2]} * 100 = 10.5263157894737%
Substituting the values into equation (1), we have:
Arc price elasticity of demand = -10.5263157894737% / 10.5263157894737% = - 1
Since the absolute value of the arc price elasticity of demand is equal to 1, it implies that the demand is unit elastic.
b. When the price of paperback books falls from $7.00 to $6.50, the quantity demanded rises from 100 to 150.
Percentage change in quantity demanded = {(150 - 100) / [(150 + 100) / 2]} * 100 = 40%
Percentage change in price = {(6.50 - 7.00) / [(6.50 + 7.00) / 2]} * 100 = -7.40740740740741%
Substituting the values into equation (1), we have:
Arc price elasticity of demand = 40% / -7.40740740740741 = - 5.40
Since the absolute value of the arc price elasticity of demand is equal to 5.40 which is greater than 1, it implies that the demand is elastic.
c. When the rent on apartments rises from $500 to $550, the quantity demanded decreases from 1,000 to 950.
Percentage change in quantity demanded = {(950 - 1000) / [(950 + 1000) / 2]} * 100 = -5.12820512820513%
Percentage change in price = {(550 - 500) / [(550 + 500) / 2]} * 100 = 9.52380952380952%
Substituting the values into equation (1), we have:
Arc price elasticity of demand = -5.12820512820513% / 9.52380952380952% = - 0.54
Since the absolute value of the arc price elasticity of demand is equal to 0.54 which is less than 1, it implies that the demand is inelastic.
Projects are also often embedded with different options that can help making decisions under uncertainty. There are techniques used to evaluate these embedded options which are called real options. The models used to value these options are based on the type of the real option available for the project. Real options the value of capital investment projects.
A real option embedded in a capital project gives the investing firm the right but not the obligation to buy, sell, or transform an asset at a set price during a specified period of time.
a. True
b. False
Answer:
a. True
Explanation:
The real option should be used in the decision that made for the capital investment in order to rise the worth of the project. So it rise the capital investment value for the project. Also a real option in a capital asset provides the right to the investing firm but not the liability to purchase or sell or transform the asset at a fixed price
Therefore the given statement is true
ll else being equal, an increase in the yield to maturity of a bond will result in: a. a lower risk of suffering losses in the market values of the bond portfolios. b. a decrease in the rate of return at which the cash flows from the portfolios can be reinvested. c. an increase in the maturity value of the bond. d. a greater interest rate price risk on a long-term bond than on a short-term bond. e. an increase in the market price of the bon
Answer:
d. a greater interest rate price risk on a long-term bond than on a short-term bond.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
Generally, most bonds with shorter maturity time respond less dramatically to changes in interest rates when compared to bonds having longer maturity.
This ultimately implies that, the risk associated with short bonds isn't really significant because their interest rates are less likely to change substantially within that short period of time unlike bonds with longer maturity.
Yield to maturity can be defined as the bond's total rate of return required by the secondary market while the coupon rate is defined as the annual interest of a bond divided by its face value.
For example, when a bond is issued at a par or face value of €1,000, at maturity the investor would be paid €1,000. But because bonds are being sold before its maturity, it would trade below its face value.
All else being equal (ceteris paribus), an increase in the yield to maturity of a bond will result in a greater interest rate price risk on a long-term bond than on a short-term bond.
An interest-rate risk can be defined as the risk associated with bond owners due to fluctuating interest rates. This risk has a direct level of impact on the value of fixed income securities such as bonds.
