Answer:
You agree that test marketing could be helpful, but you point out that it may also reveal your ideas to your competitors.
Explanation:
In the give scenario the existing famous cheesy butter biscuits sales are going down. In an effort to increase the revenue of the business the head of product development has a theory that people want lighter options today, and she has recommended test marketing a lower-fat version of the biscuits at select locations in eight major cities across the United States.
This is an innovative solution to the problem and the head of product development should be encouraged to drive the test marketing.
However marketing a lower-fat version of the biscuits at select locations in eight major cities will expose the strategy to competitors. It will be better to conduct the test in a more controlled environment away from competitors.
Name a form of ownership that is represented by the South African broadcasting corporation (SABC)and outline four characteristics of this form of ownership
What is TRUE about time as a factor in investing?
A.
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
B.
Time rarely plays a large role in investment decisions or outcomes, and typically waiting to make decisions lowers an investor’s overall risk.
C.
If you have 10 years or more to invest, opening a savings account can be a good option for high-risk, high-reward investing.
D.
If you have a shorter time period to invest because you are nearing retirement, a higher-risk investment is generally a better choice.
plz help :)
Answer:
A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.
Answer:
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
I got it right on the test nun to worry about.
Canners Company uses weighted-average costing. Beginning work in process inventory had $3,650 of material costs. During the period, $5,000 of materials and $9,250 in conversion costs were added. If there are 250 equivalent units of production for materials, the cost per equivalent unit for materials is ______.
Answer:
the cost per equivalent unit for materials is $34.60
Explanation:
The computation of the cost per equivalent unit for materials is shown below:
= (Beginning work in inventory + material added) ÷ material equivalent unit of production
= ($3,650 + $5,000) ÷ 250 units
= $34.60
Hence, the cost per equivalent unit for materials is $34.60
The same should be considered and relevant
The owner of a one-acre parcel of land with a small house on it rented the property to a professor of a nearby college at a monthly rental of $500. Several years later, after the professor got tenure, the parties orally agreed that the professor would purchase the property from the owner for the sum of $60,000, payable at the rate of $500 a month for 10 years. They agreed that the owner would give the professor a deed to the property after five years had passed and $30,000 had been paid toward the purchase price, and that the professor would execute a note secured by a mortgage for the balance. The professor continued in possession of the property and made all monthly payments in a timely fashion. When he had paid $30,000, he tendered a proper note and mortgage to the property owner and demanded that she deliver the deed as agreed. The owner refused because valuable minerals had been discovered on adjacent parcels in recent months, causing the value of this parcel of land to increase to 10 times its former value. The professor brought suit against the property owner for specific performance. If the court rules in favor of the property owner, what is the likely reason
Answer: See explanation
Explanation:
Based on the information that were provided in the question, in a situation whereby the court rules in favor of the property owner, the most likely reason for this will be because the payment of the professor are as consistent just exactly as if they had a landlord-tenant relationship between them even though it was just an oral contract that they both had.
In this case, since the professor met his term of the agreement, then he should be given the property.
If a loan has a nominal annual rate of 8%, then the effective rate can never be greater than 8%. b. If a loan or investment has annual payments, then the effective, periodic, and nominal rates of interest will all be different. c. The present value of a 3-year, $150 annuity due will exceed the present value of a 3-year, $150 ordinary annuity. d. The proportion of the payment that goes toward interest on a fully amortized loan increases over time.
Answer:
c. The present value of a 3 year, $150 annuity due will exceed the present value of a 3 year, $150 ordinary annuity.
Explanation:
Annuity is a lump sum payment of the present value of invested amount or profits which is to be received by the investor at the maturity date. The annual profits are summed up and then annuity is calculated to identify the real worth of money expected to be received in future.
Some industries’ competition is much more intense than others. Retail grocery stores such as Kroger, Safeway, and Albertson’s in the United States experience fierce competition and offer similar marketing campaigns to compete. What is this an example of in terms of Porter’s Five Forces Model? Multiple Choice rivalry among new entrants rivalry among existing competitors threat of substitute products or services buyer power
Answer:
rivalry among existing competitors
Explanation:
The Porters' 5 forces is used to analyse the competitiveness among firms in an industry.
Porter's 5 forces include :
Competition in the industry : the higher the number of companies in the industry, the lower the power an individual firm possesses. For example, if an industry increases it price, a consumer can easily shift to the consumption of substitutes Potential of new entrants into the industry : If there are low barriers to entry in an industry, firms in the industry experience greater competition Power of suppliers : the higher the number of suppliers in the industry, the higher the bargaining power of firms in the industry and the greater the power they possess Power of customers : the larger the number of customers, the greater the power firms possess Threat of substitute product : if there are little or no substitutes for the goods produced by companies, the greater the power the firms possessscience week1 qarter4 grade 8
Answer:
Explanation:
444
An appraiser prepared an appraisal report in April 2019. He testified in court regarding the value of the property in January 2020. The decision was rendered in February 2020 and was appealed in April 2020. The appellate court heard the case in January 2021 and remanded the case for reconsideration by the lower court. Final disposition of the case occurred in September 2021. At a minimum, how long must the appraiser retain his workfile?
Answer: April 2024
Explanation:
Based on the information given in the question, at a minimum, the appraiser must retain his workfile till April 2024.
It should be noted that appraisal records should be kept for at least a period of 5 years. In a situation whereby there is a report which is involved in the litigation, then such file must be maintained for a further two years. This is according to the Uniform Standards for Professional Appraisal Practice Record Keeping Rule.
If C= 450+0.5 Yd la= 275 billion Ga= 875 billion (X-M)a= - 50 billion, calculate the multiplier for this economy. Show method -
Answer:
Multiplier = 2
Explanation:
Below is the calculation of multiplier:
Given, C = 450 + 0.5Yd
la = 275
Ga = 875
X-M = -50 billion
Plug these values in the below formula:
AD = C + Ia + Ga + ( X - M )a
Y = 450 + 0.5Y + 275 + 875 + 50
0.5Y = 1650
"A" is the autonomous expenditure.
Thus, A = 1650
0.5Y = A
Multiplier= Change in Y/ Change A
Change in Y/ Change A =1/0.5
Change in Y/ Change A =2
Thus, Multiplier = 2
Profit-maximizing monopolists never produce in the range of output where MR is negative because
Answer: They wouldn't maximize profit.
Explanation:
Profit Maximizing Monopolists would always produce so long as Marginal revenue is positive because it would give them a chance to make more profit. If marginal revenue becomes negative, they would be making less than they did on the last product which would not be ideal to them.
This is so because the profit maximizing point is where marginal cost equals marginal revenue and as production increases, so also does marginal cost which means that for profit to be maximized, marginal revenue has to be positive as well to equal marginal cost.
The entry to record the amortization of a premium on bonds payable on an interest payment date would Group of answer choices a debit to Premium on Bonds Payable and a credit to Interest Revenue a debit to Interest Expense and a credit to Premium on Bond Payable a debit to Interest Expense and Premium on Bonds Payable and a credit to Cash a debit to Bonds Payable and a credit to Interest Expense
Answer:
a debit to interest expense and premium on bonds payable and a credit to cash
Explanation:
Based on the information given The Appropriate journal entry to record the AMORTIZATION OF A PREMIUM ON BONDS PAYABLE ON AN INTEREST PAYMENT DATE will include: a DEBIT TO INTEREST EXPENSE and PREMIUM ON BONDS PAYABLE and a CREDIT TO CASH
Debit Interest expense
Debit Premium on bonds payable
Credit cash
(To record the amortization of premium on bonds payable on an interest payment date)
A company has the following inventory data: July 1 Beginning inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,400 22 Purchases 10 units at $22 220 $2,000 A physical count of merchandise inventory on July 30 reveals that there are 32 units on hand. Using the FIFO inventory method and a periodic inventory system, the amount allocated to ending inventory for July is
Answer:
$820.
1022=220; 3020=600;
220+600=820
What country have a sand
Bill plans to deposit $200 into a bank account at the end of every month. The bank account has a nominal interest rate of 8 percent and interest is compounded monthly. How much will Bill have in the account at the end of 2½ years (30 months)?
The amount that should have in the account at the closing of 30 months is $6,617.77.
Given that,
The rate of interest = 8% ÷ 12 = 0.6666%The nper is = 2.5 × 12 = 30The monthly payment or pmt is $200The present value be $0Now the following formula should be used:
=-FV(RATE,NPER,PMT,PV,TYPE)
After applying the above formula, the future value is $6,617.77.
Therefore we can conclude that The amount that should have in the account at the closing of 30 months is $6,617.77.
Learn more about the future value here: brainly.com/question/8286272
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?
answer:
THE SEC
What do we call a business that focused on building products that meet consumers' needs?
Answer: Market oriented business
Explanation:
Market orientation refers to the business philosophy whereby companies identifies the needs of their customers and make products that meet such needs or wants.
A business that's using market orientation will research the current trends in the market and make products that meet them. Strong brands use market orientation approach to meet customers needs.
Your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of Group of answer choices younger adults. older adults. individuals experiencing terminal decline. concrete operational thinkers.
Answer:
older adults.
Explanation:
From the question we are informed about an instance whereby your boss at work is known as a one-solution-fits-all problems type manager. This approach to problem solving is most characteristics of older adults. One-solution-fits-all problems approach can be regarded as problem solving approach whereby there is standard approach to all problems, in this case it is not tailored to individual problem needs. The style and approach that is used by that particular manager in solving problems in that particular organization will fit in to solve all related problems that could surface.
Josie is interested in purchasing a computer and is overwhelmed by the many different models available. She decides to consult a magazine devoted to reviewing the quality of home computers. After reading a number of articles stating the pros and cons of each model, she decides on a computer. Josie has been persuaded to purchase this particular computer because of the _____ route to persuasion.
Answer:
Central
Explanation:
From the question, we are informed about Josie who is interested in purchasing a computer and is overwhelmed by the many different models available. She decides to consult a magazine devoted to reviewing the quality of home computers. After reading a number of articles stating the pros and cons of each model, she decides on a computer. Josie has been persuaded to purchase this particular computer in this case, because of the central route to persuasion. Persuasion can be regarded as the act of making people to act or do something. The primary types are central route and peripheral route.
The central route to persuasion can be regarded as type of persuasion consisting of thoughtful consideration about the arguments i.e about the ideas as well as content of the message.once central processing starts by the receiver then the receiver has become active participant in the process of persuasion.The central route to persuasion make use of facts as well as information in persuading potential consumers.
Flowers, a married taxpayer, purchased an annuity for $64,400 that will pay $700 per month over the life of Flowers and Flowers' spouse. At the time of purchase the couple's joint life expectancy was 23 years. Flowers received payment beginning April 1, year 1, amounting to $6,300 in the first year of the annuity contract. How much is includible in Flowers' gross income in the first year
Answer:
Explanation:
$6,300ANSWER: C. $4200
23 x 12 x 700= 193,200
64,400/193200=0.333
700*0.333 = 467 = 467*9= $4203
This is a receipt for a purchase made at a restaurant in Sacramento, California. The total cost of the food and drinks before taxes was . The buyer paid in sales tax. Based on the receipt, Sacramento has a sales tax rate of .
Answer:
Total bill = $10.00Sales tax = $0.85Sales tax rate = 8.5%Explanation:
According to the receipt in question, the buyer paid a total bill of $10.00.
Buyer also paid a sales tax of $0.85.
The total cost of the food was $10.00 and a sales tax of $0.85 was paid.
The sales tax is based on the amount paid so the sales tax rate is the percentage of $10 that $0.85 is.
= Sales Tax / Total bill * 100%
= 0.85 / 10 * 100%
= 0.085 * 100%
= 8.5%
Answer:
1- B) $10.00
2- A) $0.85
3- B) 8.5%
Explanation:
I did it on edge and got it right
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friendWhen planning a trip to Spain, Brett and his wife, both Americans, were concerned about how much they could afford to spend in Europe because sometimes the U.S. dollar will buy more goods and sometimes it will buy less, based on changing economic conditions. The ________ rate is the rate at which the currency of one area or country can be exchanged for the currency of another's. Group of answer choices transaction dividend exchange international fluctuation
Answer: Exchange
Explanation:
There are different currencies in the world used by different countries. We still need to trade with each other however so there must be a way for us to use our money to buy a good in a country with another currency.
We can do so by exchanging currency at a certain rate known as the exchange rate which is the rate that we can change a unit of one currency to another currency. This rate reflects the relative demand and supply factors of the various currencies such that one currency will be stronger or weaker than the other.
During July at Pool Company, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000. The journal entry to record this requisition would include a debit to Manufacturing Overhead of: Multiple Choice $65,000 $4,000 $0 $61,000
Answer:
$4,000
Explanation:
Preparation of the journal entry.
Based on the information given we were told that The indirect materials totaled the amount of $4,000 which means that the appropriate journal entry to record this requisition would include a DEBIT TO MANUFACTURING OVERHEAD of the amount of $4,000.
(To record requisition)
Monetary policy Select one: a. cannot be implemented quickly and most of its impact on aggregate demand occurs months after policy is implemented. b. can be implemented quickly and most of its impact on aggregate demand occurs very soon after policy is implemented. c. can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented. d. cannot be implemented quickly, but once implemented most of its impact on aggregate demand occurs very soon afterward.
Answer:
c. can be implemented quickly, but most of its impact on aggregate demand occurs months after policy is implemented.
Explanation:
A monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.
Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).
Typically, a monetary policy can be implemented quickly by the central bank of a particular country, but most of its impact on aggregate demand occurs months after policy is implemented.
justify why a perfect market is unrealistic
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Mr. Branson is the CEO for a social media firm and works with his office door closed. At the same time every hour he opens the door to see what his employees are doing. The employees have learned to work especially hard during the five minutes before and while the door is open. Their work pattern is typical of responses that are reinforced on a ________ schedule
Answer:
fixed-interval
Explanation:
Fixed interval schedule of monitoring by Supervisors in a workplace is the used of a fixed time to evaluate the activities that are happening in an organisation.
For example in this case Branson is at the same time every hour he opens the door to see what his employees are doing.
However they only work hard when the door opens and relax afterwards.
The main disadvantage of fixed interval schedule is that responses are high at the point of monitoring and declines afterwards.
The best option will be to use a random schedule that way the respondents will always be doing their best in case they are being monitored
Alberto is a lawyer and needs to calculate how much to charge a client for his services. He charges $225 for each hour. He spent 2 1/4 hours consulting with the client, 4 1/2 hours researching the client’s case, 3 hours negotiating with the other party’s lawyer, and 3 1/2 hours drawing up and filing court papers. How much will he charge?
Answer:
$2,475
Explanation:
Consulting with the client = 2 1/4 hours
Researching the client’s case = 4 1/2 hours
Negotiating with the other party’s lawyer = 3 hours
Drawing up and filing court papers = 3 1/2 hours
Total hours = 2 1/4 + 4 1/2 + 3 + 3 1/2
= 9/4 + 9/4 + 3 + 7/2
= (9+9+12+14) / 4
= 44/4
= 11 hours
Total hours = 11 hours
Charges per hour = $225
Total charges = Charges per hour × Total hours
= $225 × 11
= $2,475
Total charges = $2,475
Name FIVE factors that must be considered when choosing a form of ownership.
Answer:
1) financing, taxation,risk tolerance, continuity and transferability,entrepreneurial ability
Explanation:
,
An all-equity new firm is developing its business plan. It will require $615,000 of assets (which equals common equity), and it projects $450,000 of sales and $355,000 of operating costs for the first year. Management is reasonably sure of these numbers because of contracts with its customers and suppliers. It can borrow at a rate of 7.5%, but the bank requires it to have a TIE of at least 4.0. The firm will use debt and common equity for financing. What is the maximum debt to capital ratio (measured as debt/total common equity) the firm can use
Answer:
51.49%
Explanation:
Calculation to determine the maximum debt to capital ratio (measured as debt/total common equity) the firm can use
First step is calculate the Interest Expense
Using this formula
Times Interest earned ratio = Earning Before Interest and Tax / Interest Expense
Let plug in the formula
4.0 = ( Sales - operating costs ) / Interest Expense
4.0 = ( $450,000 - $355,000 ) / Interest Expense
4.0 = $95,000 / Interest Expense
Interest Expense = $95,000 / 4.0
Interest Expense = $23,750
Second step is to calculate the Total Debt
Interest Expense = Total Debt * Interest on Debt
$23,750 = Total Debt *7.50%
Total Debt = $23,750 / 7.50%
Total Debt = $316,667
Now let determine the Debt ratio
Debt ratio = Total Debt / Total Assets
Debt ratio = $316,667 / 615,000
Debt ratio = 51.49%
Therefore the maximum debt to capital ratio (measured as debt/total common equity) the firm can use is 51.49%
A company is considering the purchase of a new machine for $48,000. Management expects that the machine can produce sales of $16,000 each year for the next 10 years. Expenses are expected to include direct materials, direct labor, and factory overhead totaling $8,000 per year plus depreciation of $4,000 per year. All revenues and expenses except depreciation are on a cash basis. The payback period for the machine is 12 years. True False
Answer:
False
Explanation:
Annual cash inflow = Sales revenue - Cash expenses
Annual cash inflow = $16,000 - $8,000
Annual cash inflow = $8,000
Cost of machine = $48,000
Payback period = Cost of machine/Annual cash inflows
Payback period = $48,000/$8,000
Payback period = 6 years
So, the payback period for the machine is 6 years.
