Answer:
It will take 9 years jhon to reach the goal
Explanation:
We have given final amount A = $78000
Present amount P = $39000
Rate of interest = 8%
We have to find the time
We know the formula of final amount
[tex]A=P(1+\frac{r}{100})^n[/tex], here A is final amount, P is present amount, r is rate of interest, n is number of period
[tex]78000=39000(1+\frac{8}{100})^n[/tex]
[tex]2=1.08^n[/tex]
n = 9 years
Question 5: DuckThat! is a brand of prank tool boxes. A retail box from DuckThat! costs $18.50, and a wholesale carton of 5 boxes costs $90. If 45% of the target sales of $2,700,000 is already coming from retail sales, how many boxes would have to be sold through wholesale?
Answer:
It will need to sale 16,500 boxes of 5 boxes each
the total boxed sales through wholesales will be 82,500
Doing so, will achieve the sales target of 2,700,000
Explanation:
sales target: 2,700,000
retail sales fulfil 45% of 2,700,000 = 1,215,000
wholesale target 2,700,000 - 1,215,000 = 1,485,000
each carton of 5 boxes cost 90:
1,485,000 / 90 = 16500
It will need to sale 16,500 cartyon of 5 boxes each
total boxes: 16,500 x 5 = 82,500
The profit P (in hundreds of dollars) that a company makes depends on the amount x (in hundreds of dollars) the company spends on advertising according to the model P = 200 + 50x − 0.5x2. What expenditure for advertising yields a maximum profit?
Answer:
50 (hundred dollars)
Explanation:
To get maximum profit, we differentiate P and the result, P', we set equal to zero.
[tex]P(x)=200+50x-0.5x^{2}\\ \\P'(x)=50-x\\\\0=50-x\\\\x=50[/tex]
Every time you need to optimize a function, you differentiate and equal to zero to get the answer or answers!
In this case if we plug 50 into P we get:
[tex]P(x)=200+50x-0.5x^{2}\\\\P(50)=200+50(50)-0.5(50)^{2}\\\\P(50)=200+2500-1250\\\\P(50)=1450\\\\[/tex]
Remember that the function yields results in hundred of dollars, so the profit would be equal to 145000 dollars.
Look at the graph of the P function, at x= 50 we see the vertex of the parabola which is the highest point over the entire graph, which is also its maximum profit or value.
To find the advertising expenditure that yields maximum profit according to the model P = 200 + 50x − 0.5x^2, we differentiate the model and set it to zero. The solution to this give us an expenditure of $5,000 on advertising.
Explanation:
The question asks what expenditure for advertising yields a maximum profit according to the model P = 200 + 50x − 0.5x^2. In order to find the maximum profit, we perform differentiation on the model and set it to zero to find the critical points. Differentiating gives us dP/dx = 50 - x. Setting this equal to zero, we find that x = 50. Thus, according to the model, the company should expend $5,000 on advertising (since x is in hundreds of dollars) to maximize profit.
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A small cruising ship that can hold up to 66 people provides three-day excursions to groups of 42 or more. If the group contains 42 people, each person pays $64. The cost per person for all members of the party is reduced by $1 for each person in excess of 42. Find the size of the group that maximizes income for the owners of the ship.
Answer:
size of group is 53 people
Explanation:
given data
person = 42
per person pay = $64
to find out
size of the group that maximizes income for the owners of the ship
solution
we will consider here number of additional person is = x
so
total passenger = x + 42
and price per person = 64 - x
so
total income is
R ( x) = ( x + 42 ) × ( 64 - x )
R ( x) = −x² + 22 x + 2688 .......................1
and maximize the total income will be when R (x) is a quadratic function
so
f (x) = ax² + bx + c is maximum
when a ≤ 0 and x = [tex]\frac{-b}{2a}[/tex]
so
income will maximum when x from equation 1
x = [tex]\frac{-22}{2(-1)}[/tex]
x = 11
so
size of group is 42 + 11 = 53
Because an applicant needs to be able to prove that they can pay a mortgage payment for the entire life of a loan, lenders are allowed to factor in someone's age when approving or denying them for a loan.
a. Trueb. False
Answer:
TRUE
Explanation:
In the case of long term loans and financing, the age of the applicant is an analytical parameter that the lender takes into consideration. This is because these loans are long and an older person is more likely to die before the installment ends. It is therefore more difficult for an elderly person to finance a home than a 30-year-old, for example.
Keith is a married, bilingual, African-American construction worker. Based on the organizational behavior model, this data represents which of the following to Keith's new employer?
A. Process
B.Exception
C.Outcomes
D.Inputs
E.Model
Answer:
D.Inputs
Explanation:
According to the information provided in the statements of the question, the following data represents the option (D) " inputs ".
The reason for the data being input is that the given data is the information provided for the new employer records that will be entered in the employer's database.
Thus, this data will work as an input for the database.
Final answer:
Keith's characteristics such as being married, bilingual, and an African-American construction worker represent inputs to his new employer in the organizational behavior model. Hence, the correct option is D.
Explanation:
In the context of the organizational behavior model, the information about Keith being a married, bilingual, African-American construction worker would represent inputs to his new employer. Inputs in organizational behavior are the contributions that individuals feel they are making to the environment, which can include personal characteristics, qualifications, experiences, and personal demographics. These inputs are an essential component of how individuals are perceived within an organization and contribute to the assessment of their potential to fulfill job roles and responsibilities.
On holiday weekends thousands of people picnic in state parks. Some picnic areas become so overcrowded the benefit or value of picnicking diminishes to zero. Suppose that the Minnesota State Park Service institutes a variable fee structure. On weekdays when the picnic areas get little use, the fee is zero. On normal weekends, the fee is $8 per person. On holiday weekends, the fee is $14 per person. The fee system corrects a problem known as the
Answer:
The fee system corrects a problem known as the Tragedy of the commons.
Explanation:
The tradegy of the commons is an economic theory that states how individuals make use and exploit natural resources to the point of depletion, out of their own self-interests and disregarding the general well-being of society. The term was made popular by biologist Garrett Hardin's scientific publication of the same name in 1968 and references economist William Lloyd when talking about the devastation of pastures in England back in 1832. This example proves that all individuals act on self-interest by contrasting the limited use of private owned pastures to preserve the land and the health of its herd, to the common pasture that was devastated by all herdsmen.
The fee system described corrects a problem known as the c) tragedy of the commons.
When individual users behave autonomously and in their own self-interest, depleting or deteriorating a common resource, the scenario is referred to as the "Tragedy of the Commons" and has detrimental effects on the community as a whole.
In this case, overcrowding in state parks is a common-pool resource issue, where the increased fees on busier days help manage and mitigate the overuse of picnic areas, thereby correcting the overexploitation of the resource.
Complete Question:
On holiday weekends thousands of people picnic in state parks. Some picnic areas become so overcrowded the benefit or value of picnicking diminishes to zero. Suppose that the Minnesota State Park Service institutes a variable fee structure. On weekdays when the picnic areas get little use, the fee is zero. On normal weekends, the fee is $8 per person. On holiday weekends, the fee is $14 per person. The fee system corrects a problem known as the
Group of answer choices
a) Coase theorem.
b) free rider problem.
c) Tragedy of the Commons.
d) public goods problem.
Your ________ is found by dividing monetary assets by current liabilities and is a good measure of liquidity.
A. debt ratio
B. net worth
C. current ratio
D. net cash flows
The current ratio is found by dividing monetary assets by current liabilities and is a good measure of liquidity. Option C.
The current ratio is a financial ratio that measures a company's ability to cover its short-term liabilities with its short-term assets. It is calculated by dividing the total current assets by the total current liabilities.
Current Ratio = Current Assets / Current Liabilities
The current assets include cash, accounts receivable, inventory, and other assets that are expected to be converted into cash within one year. Current liabilities, on the other hand, include obligations that are due within one year, such as accounts payable, short-term debt, and accrued expenses.
The current ratio is an important measure of liquidity because it indicates the company's ability to pay off its short-term obligations using its short-term assets. A higher current ratio implies a stronger liquidity position, as it indicates that the company has more current assets available to cover its current liabilities.
A current ratio of 1 or higher is generally considered acceptable, as it suggests that the company has enough current assets to meet its short-term obligations. However, a very high current ratio may indicate an inefficient use of resources.
In summary, the current ratio is a good measure of liquidity as it provides insights into a company's ability to meet its short-term liabilities with its short-term assets. SO Option C is correct.
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eakap, Inc., has current assets of $1,456,312 and total assets of $4,812,369 for the year ending September 30, 2006. It also has current liabilities of $1,041,012, common equity of $1,500,000, and retained earnings of $1,468,347. How much long-term debt does the firm have?
Answer:
How much long-term debt does the firm have? $803010
Explanation:
Current Assets 1456312
Total Assets 4812369
Current liabilities 1041012
Lont Term Debt 803010
Common Equity 1500000
reteined Earnings 1468347
2968347
ASSETS=LIABILITIES-EQUITY
4812369=1041012+long term debts+2968347
Lori reads three newspapers a day and is always reading a book in the evening. She has a high need to engage in thinking, and she actually enjoys it. She likes to complete crossword puzzles and do other types of word games. Lori has a high need for _____. a. cognition b.affection c. ethnocentrism d. uniqueness e. acceptance
Answer:
The correct answer is a. cognition.
Explanation:
The Need for Cognition (NC) refers to the motivation and preference that people show towards the activity of thinking (Cacioppo and Petty, 1982). Since people with high NC form and change their opinions through the detailed elaboration of information, their attitudes are usually relatively resistant to change.
Based on the activities of Lori described, it can be said that Lori has a high need for cognition.
What is high need for cognition?People who have a high need for cognition, enjoy parktaking in activities that require a high level of cogntion. These type of people engage in activities that require a lot of brainstorming such as solving puzzles and reading.
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Jyl, a supervisor, told her employees, "The store will close Monday for inventory. All employees are expected to participate." Jyl's communication to her employees is an example of upward communication.
a) true
b) flase
Answer: False
Explanation: Upward communication in an organisation refers to the dissemination of information from the subordinates to their superior. Such communication is done for transferring suggestions or complaints etc.
In the given case, Jyl, is the supervisor and is transferring an order and not any suggestion or complaint. Thus, the given case, is an example of downward communication.
Hence from the above we can conclude that the given statement is false.
The correct answer is false. Jyl's communication to her employees is not an example of upward communication
Upward communication in an organization is the transmission of information from the employees to the managers.
From the question, Jyl is a supervisor and was only giving out instructions to her employees, but Upward communication helps managers to know how employees feel about procedures, policies and other important areas of the business. Therefore, the correct answer is false.
Further ExplanationUpward communication is very essential in an organization because it provides an avenue for managers to understand how employees feel about their present job or work.
Upward communication is now widely used in different organizations as it’s gradually replacing the traditional way of communicating.
Many organizations also use upward communication in whistle-blowing policy as it allows the employee to communicate directly with the top hierarchy within an organization, particularly large organizations. In other words, upward communication is an effective tool in curbing corruption in organizations.
Also, upward communication has advantages and disadvantages.
Some of the advantages of upward communication include:
It promotes effective communication between the employees and the managersIt brings employees and managers closer to each other, that is, it promotes mutual trust between employees and managers.Disadvantages of upward communication include:
fear of inefficiencyindisciplinethe slow movement of informationTherefore, Jyl's communication to her employees is not an example of upward communication
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Which of the following illustrates one of the steps in the self-fulfilling prophecy process when a supervisor forms a high? https://brainly.com/question/14286274Alyssa's supervisor was so impressed by her work that he named her the employee of the month https://brainly.com/question/13947675KEYWORDS:
upward communicationmanagersemployeesjylinformationfor having a manuscript typed at a certain typing service are $5 per page for the first time a page is typed and $3 per page each time a page is revised. If a certain manuscript has 100 pages, of which 40 were revised only once, 10 were revised twice, and the rest required no revisions, what was the total cost of having the manuscript typed?
Answer:
total cost of having the manuscript type is $680
Explanation:
given data
first time = $5 per page
revised = $3 per page
manuscript = 100 pages
revised only once = 40
revised twice = 10
to find out
total cost of having the manuscript typed
solution
we know for 1st time page cost is
page 1st time = 100 - 40 - 10 = 50 page
cost 1st time = 50 × $5 per page = $250 .................1
and
for first revision
first revision page = 40
cost of first revision = 40 × ( first time $5 + first revision $3 )
cost of first revision = 40 × 8 = $320 ......................2
and
for second revision
second revision page = 10
second revision cost = 10 × ( first time $5 + first revision $3 + second revision $3 )
second revision cost = 10 × 11 = $110 ..........................3
add all 3 equation
total = $250 + $320 + $110
so total cost of having the manuscript type is $680
True or False the following are all examples of Significant Financial Interest (SFI) for NIH.
a. An investigator was paid $4000 for consulting for the year for a non-publicly traded company.
b. An investigator owns $1 worth of stock in a non-publicly traded company.
c. An investigator was paid $10,000 for the year from the University as royalties for an invention he created.
A. a only.
B. b only.
C. c only.
D. a, b and c.
E. a and b only.
F. Neither a, b nor c.
Answer:
The answer is: D) a,b, and c
Explanation:
Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.
When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.
Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.
British investors frequently invest in the u.s. or italy, depending on the prevailing interest rates. if italian interest rates suddenly rise high above u.s. rates, the investors will ____ the supply of pounds to be exchanged for dollars and thus put ____ pressure on the value of the pound against the u.s. dollar.
Answer:
decrease, upward
Explanation:
When Italian interest rates increase, their demand in Italy would increase, hence a downward pressure on the supply of the same would be required. as the demand of the currency in italy increases, its value also increases. hence there is an upward pressure on the value of the pound against the u.s. dollar.
1. Assume that the money demand function is (M / P)d = 2,200 – 200r, where r is the interest rate in percent. The money supply M is 2,000, and the price level P is 2. If the price level is fixed and the supply of money is raised to 2,800, then the equilibrium interest rate will:
Answer:
r= 3
Explanation:
Due that the level price does not changed, the first thing that you have to do to find the equilibrium is put the two equations with an equal
Money demand =Supply of money
2,200 – 200 r= 2,000
Now you have to find the value of r and you have to clear the formula and first you have to:
2,800- 2,200 = 200r
Now that you have the number together you have to apply the operation
600 = 200r
As the 200 is multiplying the r you have to pass the 200 to divided the 600
r= (600/200)
r= 3%
The interest rate is 3%
Consider the following demand schedule for bags. Price Quantity $99 5252 $1111 4848 $1313 4040 When the price of bags rises from $99 to $1111, the price elasticity of demand is approximately nothing. (Calculate using the midpoint formula, round your answer to one decimal place, and enter a "-" if your answer is negative.)
Answer:
PED= "0.1"
Explanation:
The price elasticity of demand indicates how the quantity demanded changes when the price changes. Is defined by this equation:
Price Elasticity of Demand(PED)= Percentage change in Q (Δ%Q)/ Percentage change in P (Δ%P) .
To fine the percentage change in Q and in P we use the midpoint formula:
Δ%Q= q2-q1/(q2+q1/2)
Δ%Q= 4848-5252/(5252+4848/2)
Δ%Q= -404/5050
Δ%Q= -0.08
Δ%P= p2-p1/(p2+p1/2)
Δ%P= 1111-99/(1111+99/2)
Δ%P= 1012/605
Δ%P= 1,672
PED=-0.08/1,672
PED= -0.047
Rounded to one decimal place:
PED= "0.1"
Exeter enterprise inc reported net sales of $300 million last year and generated a net income of $ 65 million. last years accounts receivable increase by $8 million. what is the maximum amount of cash that exeter enterprise inc received from sales last year
Answer:
The correct answer would be $73 Millions.
Explanation:
The amount of cash a company possesses is the net income which it generates over a period of time. Account receivables are also considered to be the cash amount for the company which it collects within that period. So as given in this question, we would not take $300 million Sales, as company will exclude app expenses from this amount and then the remaining amount will be considered as the Cash in hand. So $65 Million will be the net income and as the account receivables also increased to $8 Millions, we will include this amount in the net income as:
Total Cash = Net Income + Account Receivables
Total Cash = $65M + $8M
Total Cash = $73 Millions.
Final answer:
The maximum amount of cash that Exeter Enterprise Inc could have received from sales last year is $292 million, which is the net sales of $300 million minus the $8 million increase in Accounts Receivable.
Explanation:
The question is asking to calculate the maximum amount of cash that Exeter Enterprise Inc received from sales last year. To find this, we must consider the reported net sales and the change in Accounts Receivable. Exeter Enterprise Inc had net sales of $300 million, and Accounts Receivable increased by $8 million. The increase in Accounts Receivable implies that not all sales were collected in cash. Therefore, the maximum cash received from sales is the total sales minus the increase in Accounts Receivable.
Maximum Cash Received = $300 million - $8 million = $292 million
MIS is a business function, like accounting or sales, which moves information about people, products, and processes across the company to facilitate decision making and problem solving. What does MIS stands for?a. Management Information Strategy.b. Management Intelligence System.c. Management Information System.d. Management Information Strategist.
Answer:
The correct answer is c. Management Information System.
Explanation:
A Management Information System is a computer system that gathers, stores, analyzes, displays and reports data with the purpose of aiding decision-makers to be informed and make high quality decisions that are useful to a company. It consists of:
People, that take advantage a MIS to make effective decisions.Hardware, physical structure that supports the MIS.Software, computer programs that aid in all the processes to handle the data e.g. analysis, retrieval, etc.Databases, that store the data of a MIS.The information can be related to any area of the company, for example Research & Development (R&D), Marketing, Finances, Project development, Human Resources, etc.
The use of a MIS allows a company to have easy access to information, fast data processing and information retrieval, accurate data analysis, reduction of duplicates and reliable backup for the information stored.
A company whose products reach foreign markets even though the company is not actively involved in cultivating customers outside the national boundaries is at the ________ stage of international marketing. Multiple Choice active foreign marketing infrequent foreign marketing no direct foreign marketing regular foreign marketing global marketing
Answer:
no direct foreign marketing stage
Explanation:
According to my research on different stages of international marketing, I can say that based on the information provided within the question the company is in the no direct foreign marketing stage. Like mentioned in the question, in this stage the company may not be actively involved in international marketing.
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If a company emphasizes that "no purchase is complete until the customer is satisfied," then it's: a. utilizing a symbol. b. using customers to harass the employees. c. utilizing a hero for the purpose of conveying values. d. communicating its values to customers. e. using a slogan to present their values to customers and employees.
Answer: If a company emphasizes that "no purchase is complete until the customer is satisfied," then it's: "e. using a slogan to present their values to customers and employees.".
Explanation: The company seeks to communicate the values that represent the company and that employees must keep in mind when serving their customers through a phrase or slogan.
Which of the following statements is(are) true?
I) Risk-averse investors reject investments that are fair games.
II) Risk-neutral investors judge risky investments only by the expected returns.
III) Risk-averse investors judge investments only by their riskiness.
IV) Risk-loving investors will not engage in fair games.
Answer: Statement 1 and 2
Explanation: Risk averse investors are investors that are more concerned about the risk of the investment rather than its returns. These investors funds those investment that have lower known risk with lower returns rather than one with unknown risk and higher returns.
On the other hand, risk neutral investors are those investors which do not care about the risk factor of an investment and are insensitive to the level of risk an investment have.
Excludability is the property of a good whereby
A. a person can be prevented from using it.
B. the resource is congestible.
C. the government rations the quantity of a good that is available.
D. one person's use diminishes other peoples' use.
Answer:
A. a person can be prevented from using it.
Explanation:
Excludability -
In economics , a good or service is refereed to as excludable , when it is not allowed to be consumed or used by the consumers who have not paid for the good or services .
And , similarly , non - excludable are the one when a non - paying consumer ca not be prevented from using it .
Hence , the correct statement for Excludability is ( a ) .
Excludability refers to the ability to prevent someone from using a good, which contrasts with non-excludable goods that anyone can use, such as public goods like national defense.
Explanation:The property of a good whereby a person can be prevented from using it is known as excludability. When a good is excludable, not everyone has access to it; typically, only those who pay for the good or service may use it. This is in contrast to non-excludable goods, where no one can be excluded and anyone can use the good or service, often without any charge.
Public goods are a common example of non-excludable and non-rival goods, meaning they are freely available to everyone and one person's use does not diminish another's opportunity to use it. For instance, national defense is a public good because it is both non-excludable, as it protects all citizens without the possibility of excluding anyone, and non-rival, since one person benefiting from national defense does not prevent others from also being protected.
Candace owns a small business that is financially struggling. In order to respond to economic pressures, Candace is now obliged to lay off an employee, close operations on Sundays, and cut budget costs in a few other ways that will affect employees and how they do business. If conflict arises, the root cause will likely be
a. adversarial management.b. organizational change or competition over resources.c. ineffective communication of new work practices.d. value and personality clashes
Answer:
The answer is both: B) organizational change or competition over resources
Explanation:
Organizational change usually takes place due to external or internal pressures. In this specific case, Candace´s business is not doing well, probably her sales are down. We don´t know the reason why, I can guess probably more competition, but we know she must act fast.
Money is the most scarce resource of all. So if money is not flowing in like Candace would expect she must be able to make difficult decisions. Laying off a worker (out of how many?) is usually seen as a bad sign for the rest of the employees. Reducing labor days (Sundays) will probably also affect the rest of the employees negatively because they will simply work less hours and get paid less.
But the bottom line is Candace as the owner (probably also the manager) has to make the decisions that are necessary for her business to continue. It would always be worst for everyone involved (Candace and her employees) if they go out of business. That way everyone loses.
At this point Candace will need to communicate with her employees and let them know how bad the situation is and the necessary steps to be taken. Her actions will be unpopular but its her job to convince her employees that its for everyone´s best interest. Well, for everyone except the one employee already fired. Leaders must show up in difficult times and make tough choices.
Final answer:
The likely root causes of conflict in Candace's business are organizational change and competition over resources, exacerbated by potential ineffective communication of new work practices. These factors can lead to misunderstandings, stress, and conflict among employees adjusting to new dynamics and reduced resources. Hence, the correct options are B and C.
Explanation:
If conflict arises in Candace's business due to the new changes she is implementing to respond to financial struggles, the root cause will likely be organizational change or competition over resources. Since Candace is laying off an employee, closing operations on Sundays, and cutting budgets, these actions can lead to heightened competition among the remaining staff for the reduced resources and may create uncertainty or resistance to change. The stress of organizational change often leads to conflict in the workplace as employees adjust to new roles, responsibilities, and the associated fears of job security and altered work conditions.
Another potential cause is ineffective communication of new work practices. If Candace does not clearly and effectively communicate the reasons for the changes and the new expectations to her employees, misunderstandings and frustrations can lead to conflicts within the team. Proper communication and negotiation are key to managing and resolving conflicts effectively, ensuring that they do not escalate to damaging levels for the individuals or the organization.
When the Lego Movie was released to movie theaters, the intent was not necessarily to sell more Legos, but the firm did have a say in decisions about details of the movie. This is an example of _____ content.
Answer:
branded
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question this is an example of branded content. This is a product that is produced by a specific company under a specific name, and anything under that name is in term owned by the company that owned that name. Therefore they can make decisions on how to use that product.
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Critical aspects of a successful investigation include thorough planning and preparation, efficient information management, a focus on effective communication, and a(n):
Answer:
an advanced role definition and delineation of responsibilities
Explanation:
According to my research on the investigation procedures, I can say that based on the information provided within the question the last thing missing would be an advanced role definition and delineation of responsibilities. This basically means assigning certain tasks and responsibilities to all those involved in order for the investigation to go smoothly and so that nobody causes interference in the other's task.
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"" Alternate Outputs from One Day's Labor Input: USA: 12 bushels of wheat or 3 yards of textiles. India: 3 bushels of wheat or 12 yards of textiles. From the data, the USA:
Answer:
Has a competitive advantage in the production of wheat
Explanation:
The data of the outputs shows that the USA has the ability to produce 12 bushels of wheat or 3 yards of textil and the India has the ability to produce 3 bushels of wheat or 12 yards of textiles. Given this information we could say that the USA has a competitive advantage in the production of wheat and India has a competitive advantage in the production of textiles.
If the two countries start a commercial exchange they will benefit if they dedicate their production to the good in which they have the competitive advantage and exchange it for the good in which they are not so productive, that is:
USA trading (wheat) for India's textiles.
In that way they both can consume a greater amount of those two gods unlike if they produced and consumed without trading.
Williams Company uses the weighted-average method in its process costing system. The Packaging Department started the month with 400 units in process that were 80% complete, receiving 3,000 units from the Cutting Department. The packaging department had 300 units in process at the end of the period that are 50% complete. All materials are added at the beginning of the process and conversion is added uniformly. From the Packaging Department, units are transferred to Finished Goods. For direct material, the equivalent units of production for the Finishing Department is
Final answer:
The equivalent units of production for direct material in Williams Company's Packaging Department, using the weighted-average method, would be the sum of the completed and transferred units, as well as the fully added materials in the ending inventory, totaling 3,400 equivalent units.
Explanation:
When calculating the equivalent units of production for direct material in the Packaging Department using the weighted-average method, it is important to account for both the units completed and transferred out of the department, as well as the units that are partially completed at the end of the period. Since all materials are added at the beginning of the process, the equivalent units for materials would be the same as the total units to be accounted for in the packaging process.
To calculate the equivalent units of production for direct materials, add the number of units transferred out to the equivalent units for the ending work in process inventory. In this case:
Units completed and transferred out: 3,100 units (400 units that were 80% complete plus 2,700 new units)
Equivalent units in ending inventory: 300 units at 50% completion for materials (since materials are added at the beginning, they are 100% complete even if the conversion is at 50%)
Total equivalent units for direct materials = Units transferred out + Equivalent units in ending inventory = 3,100 + 300 = 3,400 equivalent units for direct materials
At the beginning of the current accounting period Blazer Company had a $40,000 balance in its Finished Goods Inventory account. During the period cost of goods manufactured amounted to $280,000. The ending balance in the Finished Goods Inventory account was $42,000. Based on this information the amount of cost of goods sold is _______.
Answer:
Based on this information the amount of cost of goods sold is $278,000.
Explanation:
The Cost Of Goods Sold (COGS) are the costs directly related to the production of goods that a company sells. To find this value, we have the following formula:
[tex]COGS = Beginning Inventory + Purchases during period - Final inventory[/tex]The beginning inventory is the inventory that was not sold from a previous period, plus the purchases during the period make the total inventory that was available for sale during the period at hand. To that, we substract the Final inventory, which were the products that were not sold during this period. The result is the inventory that was effectively sold. Replacing the values, we have:
[tex]COGS = 280,000 + 40,000 - 42,000\\COGS = 278,000[/tex]The Cost Of Goods Sold for the period is $278,000.
The process of gathering information about the competitive environment, including competitors' plans, activities, and products, to improve a company's ability to succeed is the definition of ________.
a. Feedback
b. Information
c. Competitive intelligence
d. Data
Answer:
(C) Competitive intelligence
Explanation:
Competitive intelligence
The main aim of competitive intelligence is to gives faster reaction to competitors.The sources of competitive intelligence is social media, business index in business magazine, one of the main source is open corporate.It ca be done by collecting the data of different organization, by analysis and reporting process
Omega, Inc. is an early entrant for its fitness product in the country of Malnesia. As an early entrant, Omega, Inc. may find itself at a disadvantage if it
A. is trying to realize location and experience curve economies.
B. incurs low development costs.
C. faces a subsequent change in business regulations in Malnesia.
D. has a core competence based on control over technological know-how.
E. considers a greenfield strategy.
Answer:
C.
Explanation:
According to my research on different business operations and tactics, I can say that based on the information provided within the question Omega, Inc. may find itself at a disadvantage if it faces a subsequent change in regulations in Malnesia. This is because since they are new in Malnesia they are not used to these changes and therefore do not know how to handle this situation.
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If the quality differences of similar products are mostly imperceptible to the average consumer's eyes, which of the following will most likely play a major role in influencing the decisions of purchasers?
A. price of competing products
B. size of competing products
C. purchaser's opportunity cost
D. geographic origin of products
Answer: Option A
Explanation: If the qualities of two products that can be used in place of one another are very similar then they will be considered as perfect substitutes.
In case of perfect substitutes, if the price of good X rises then the demand for it substitute Y also rises. Hence the main factors affecting the demand will be the price as it will be the only factor that could influence the utility satisfaction of the consumer apart from the quality.
Hence, the correct option is A.
The price of competing products is the most influential factor for purchasers when quality differences are imperceptible.
Explanation:If the quality differences of similar products are mostly imperceptible to the average consumer's eyes, the most likely factor to influence the decisions of purchasers is the price of competing products. Price is often a key consideration for consumers when choosing between similar products, especially if they cannot easily distinguish quality differences. Consumers may opt for the lower-priced product to save money or choose a higher-priced one if they perceive it to have a better value.
While the size of competing products can be a factor in some cases, it is not as significant as price. Unless the size has a direct impact on usability or functionality, consumers are more likely to focus on the cost.
Learn more about Factors influencing purchasing decisions here:https://brainly.com/question/30114609
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