Suppose an airline ticket from Charlotte to Dallas costs $525. A bus ticket is $325. Traveling by plane will take 5 hours, compared with 25 hours by bus. Thus, the plane costs $200 more but saves 20 hours of time (Hint: Note how we are "thinking at the margin" here by looking at the changes). Other things constant, an individual will gain by choosing air travel if, and only if, each hour of her time is valued at more than

Answer:

The expected rate of return E(Ri) for Lauren Labs is 16.5%

Explanation:

The formula to compute the expected rate of return is shown below:

Expected rate of return = (Probability 1 × Possible Returns 1) + (Probability 2 × Possible Returns 2) + (Probability 3 × Possible Returns 3) + (Probability 4 × Possible Returns 4) + (Probability 5 × Possible Returns 5) + (Probability 6 × Possible Returns 6)

= (0.10 × 0.20) + (0.15 × 0.05) + (0.20 × 0.10) + (0.25 × 0.15) + (0.20 × 0.20) + (0.10 × 0.40)

= 2% + 0.75% + 2% + 3.75% + 4% + 4%

= 16.5%

Final answer:

The expected rate of return for Lauren Labs common stock is calculated by multiplying each possible return by its probability and summing the results, giving an expected rate of return of 11%.

Explanation:

To compute the expected rate of return E(Ri) for Lauren Labs, we multiply each possible return by its corresponding probability and sum up these products. The calculation is as follows:

(0.10 × -0.20) = -0.02

(0.15 × -0.05) = -0.0075

(0.20 × 0.10) = 0.02

(0.25 × 0.15) = 0.0375

(0.20 × 0.20) = 0.04

(0.10 × 0.40) = 0.04

Adding up these products, we get the expected rate of return for Lauren Labs:

-0.02 - 0.0075 + 0.02 + 0.0375 + 0.04 + 0.04 = 0.110 or 11%

Therefore, based on the provided probabilities and returns, the expected rate of return for Lauren Labs common stock is 11%.

Answer:

contest sponsors have to deposit $6795163.17 in the escrow account

Explanation:

given data

amount = $10 million

time = 20 year

rate = 4 %

to find out

how much do the contest sponsors have to deposit in the escrow account

solution

we know Cash flow per period = 10000000/20 = $500000

we will apply here future value formula to find amount

future value = cash flow × [tex]\frac{1-(1+r)^{-t}}{r}[/tex]

here r is rate and t is time

put here value

future value = 500000 × [tex]\frac{1-(1+0.04)^{-20}}{0.04}[/tex]

future value = 6795163.1724

so contest sponsors have to deposit $6795163.17 in the escrow account

The contest sponsors have to deposit $13,589,000 in the escrow account.

To calculate how much the contest sponsors have to deposit in the escrow account, we need to find the present value of the $10 million prize that will be paid out over 20 years. Since the prize is guaranteed by AAA bonds yielding 4%, we can use the present value formula for an annuity:

PV = PMT * [(1 - (1 + r)^-n) / r]

PV = $10,000,000 * [(1 - (1 + 0.04)^-20) / 0.04] = $10,000,000 * [(1 - 0.4564) / 0.04] = $10,000,000 * [0.5436 / 0.04] = $13,589,000

Therefore, the contest sponsors have to deposit $13,589,000 in the escrow account.

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Answer:

The correct answer is option D. night view

Explanation:

The first option, the hands-free setting, is a feature of the car which allows you to speak over the phone without using your hands and allowing you to maintain full control of the steering wheel and the gear shift lever, and it does not have anything to do with the rearview mirror.

Option B, cleaning solution, while it may be useful in order to clean your rearview mirror, that is a thing that shouldn't be done at night, because you are not able to clearly see at night if you wiped it down for good, and you might leave some residue that possibly could bother you when looking at the mirror.

Windshield wiper fluid isn't for cleaning your rearview mirror, but for helping removing residue/bugs stuck on your windshield.

Finally, option D, night view, is the correct option. Night view is a setting of rearview mirrors that is quite useful at night, because it reduces the amount of light reflected to the driver, avoiding the glare of high-beam headlights of cars behind to be directly reflected to the driver's eye that would make quite hard to focus in the dark ahead. It works by tilting the mirror out of line with the driver's view. In day mode, the reflection seen by the driver comes from the reflective surface, while in night view, the reflection comes from the glass, which only reflects a fraction of the light that the reflective surface does.  

At night, use A. the hands-free setting on your rearview mirror.

Answer: Ruff, Inc., should use 0 oz of chicken and 113 oz grain.

Explanation:

Given that,

Chicken:  

10 grams of protein

5 grams of fat per ounce

Grain:

2 grams of protein

2 grams of fat per ounce

Chicken costs = 11¢ per ounce

Grain costs = 1¢ per ounce

Let x be chicken and y be grain

Objective is to minimize 11x +y  

subject to

10x +2y ≥ 226

5x + 2y ≥ 166

Solving these two equations, we get,

point (1)- (12, 53) and two corner solution

(2)- (0,113)  

(3)- (33.2,0)

Price of 1) = 12 × 11 + 53 × 1 = 185

Price of 2) = 0 ×11 + 113 × 1 = 113

Price of 3) = 33.2 × 11 + 0 × 1 = 365.2

Therefore, Ruff, Inc., should use 0 oz of chicken and 113 oz grain.

To minimize cost, we need to set up a system of equations based on the requirements for protein and fat in the dog food and use a graphing calculator to find the point with the lowest cost.

To minimize cost, we need to set up a system of equations based on the requirements for protein and fat in dog food. Let's use x to represent the number of ounces of chicken and y to represent the number of ounces of grain used in each bag of dog food.

The total protein in the dog food can be calculated as 10x + 2y, and the total fat can be calculated as 5x + 2y. We can set up inequalities based on the minimum protein and fat requirements: 10x + 2y ≥ 226 and 5x + 2y ≥ 166.

We also need to consider the cost. The cost of chicken is 11 cents per ounce and the cost of grain is 1 cent per ounce. The total cost can be calculated as 11x + y. To minimize cost, we can use a graphing calculator to find the feasible region and locate the point with the lowest cost.

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Answer:

It will receive: 47,015,745

Balance sheet after issuance of the bonds:

bonds payable:                     60,000,000

discount on bond payable: (12,984, 255)  

  carrying value:                   47, 015, 745

Interest expense for the first years outstanding: 3,764,485‬

Balance sheet after one year:

bonds payable:                     60,000,000

discount on bond payable:    (12,819,770)  

  carrying value:                     47,180,230‬

Explanation:

We will calculate the present value of the coupon payment and the maturity at the market value.

Present value of the cuopon using ordinary annuity present value

[tex]C \times \frac{1-(1+r)^{-time} }{rate} = PV\\[/tex]

Coupon payment: 60,000,000 x 6%/2 as the payment are semiannually $1,800,000

time: 5 years x 2 payment per year = 10 payment

rate 8% / 2 paymnet per year: 0.04

[tex]1800000 \times \frac{1-(1+0.04)^{-10} }{0.04} = PV\\[/tex]

PV $14,599,612.4028

Maturity present value using lump sum present value

[tex]\frac{Maturity}{(1 + rate)^{time} } = PV[/tex]  

Maturity   60,000,000.00

time   8.00

rate  0.08

[tex]\frac{60000000}{(1 + 0.08)^{8} } = PV[/tex]  

PV   32,416,133.07

Then we sum both:

PV coupon $14,599,612.4028

PV maturity  $32,416,133.0701

Total market $47,015,745

face value:        60,000,000

discount:           12 ,984,255

Interest expense:

first payment:

47,015,745 x 0.08/2 = 1.880.630 interest expense

       cash proceeeds  1,800,000

       amortization             80,630

second payment:

(47,015,745 + 80,630) = carrying value = 47,096,375

47,096,375 x 0.04 = 1,883,855‬ interest expense

     cash proceeds   1,800,000

    amortization            83,855

total interest expense 1,880,630 + 1,883,855 = 3,764,485‬

discount on bonds: 12 ,984,255 - 80,630 - 83,855 = 12,819,770

The proceeds from the sale of the notes, the interest expense for the first year, and the balance sheet value of the notes at the end of the first year, can all be determined from the details provided. The bond's present value and the interest expenses form crucial parts of these calculations. These notes will be marked as a liability on Longo's balance sheet.

To answer this question, we need to understand a few basic concepts related to bonds. A bond is basically an 'I owe you' note from the issuer to the investor, with the face value being the amount the issuer agrees to pay the investor at maturity. The coupon rate or interest rate is defined beforehand and in this case are paid semiannually. The bond's present value is the maximum amount an investor would be willing to pay for it, and depends on market conditions.

Now, the Longo Corporation has issued notes with a maturity value of $60 million, carrying a coupon rate of six percent, with interest paid semiannually. However, the equivalent risk-rated debt instruments carried yield rates of eight percent. Therefore, the present value of the bond would be less than the face value because the coupon rate is less than the market rate.

To calculate the proceeds that Longo Corporation will receive from the sale of the notes, we need to take into account the face value, coupon rate, market rate and maturity. We will also need to calculate the interest expense for the first year which will incorporate the interest rate, face value, and the number of periods.

Finally, the notes will be disclosed on Longo's balance sheet as a liability reflecting the amount that Longo owes to the investors. The balance sheet value of the notes at the end of the first year would reflect the present value of the bond, plus any interest expenses accumulated over the year.

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Answer:

Course cost netxt year: 919.8

Perpetuity fund  at 6% return: 24,205.27

Perpetuity funds at 8% return: 15,858.63

Explanation:

1 student 300

3 student 900

it grows at 2.2% per year

the return on the fund will be of 6%

The cost of the couse for next year will be:

900 x (1+2.2%) = 900 x 1.022 = 919.8

The perpetuity will be calculate as follow:

[tex]\frac{cost}{return-growth} = Perpetuity[/tex]

[tex]\frac{919.8}{0.06-0.022} = Perpetuity[/tex]

Perpetuity fund: 24205.26316

Ifthe return is for 8% per year:

[tex]\frac{919.8}{0.08-0.022} = Perpetuity[/tex]

Perpetuity funds: 15858.62069

The cost for 3 students to take the finance course next year would be $919.8. The initial endowment needed would be $22,995. An 8% fund's rate of return would decrease the necessary endowment to $15,996.55.

The main concern of the problem shared involves evaluating a financial endowment created for the purpose of sponsoring students for a finance course. This falls under the field of Financial Mathematics, particularly focusing on the concept of perpetuities.

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Answer:

Beta = 1.2

Explanation:

Given:

The​ risk-free return = 4​%

The return on the overall stock market = 14​%

The portfolio return to be achieved = 16%

Now,

from capital asset pricing model,

Expected return = Risk-free return + Beta (Market Return - Risk-free return)

on substituting the respective values, we get

16% = 4% + Beta × ( 14% - 4% )

or

12% = Beta × ( 10% )

or

Beta = 1.2

Final answer:

To achieve a portfolio return of 16%, with a risk-free rate of 4% and a market return of 14%, the beta coefficient of Katherine Wilson's portfolio would need to be 1.2.

Explanation:

To calculate the beta coefficient for Katherine Wilson's portfolio using the Capital Asset Pricing Model (CAPM), we need to arrange the CAPM formula to solve for beta:

Expected return = Risk-free return + Beta * (Market return - Risk-free return)

Katherine desires a portfolio return of 16%. Given that the risk-free return is 4% and the return on the overall stock market is 14%, we can plug these values into the formula:

16% = 4% + Beta * (14% - 4%)

To solve for Beta, subtract the risk-free rate from both sides:

12% = Beta * 10%

Now divide by the market premium (10%):

Beta = 1.2

Therefore, the beta coefficient Katherine's portfolio would need to achieve a return of 16% is 1.2.

Answer:

$345,000

Explanation:

Counter offer: The counter-offer is the changes made in the existing offer terms and conditions. It is usually made for negotiations, in which both the party can agree at the final price.

According to the accounting principles, the land value should be recorded at the historical cost but in the given case, it is recorded at the counter offer value because, in this offer, both the parties are ready to buy and sell the fixed assets i.e land.

It records only purchase cost of the land ,not any land improvement costs. So, only $345,000 should be recorded in Integrity Repair Service's records

Cash flows in various parts of a multinational corporate system are denominated in one currency.

Corporations that operate in several different countries, also known as multinational corporations (MNCs), have certain characteristics.

Out of the given options, the most accurate characteristic of MNCs is b. Cash flows in various parts of a multinational corporate system are denominated in one currency.

This means that the financial transactions within the MNC, such as revenues, expenses, and investments, are conducted using a single currency, which helps in simplifying the financial management of the organization.

Final answer:

The statement that 'A nation may expropriate the assets of multinational corporations without compensation' is the most accurate regarding multinational corporations, which face non-uniform tax laws, operate in multiple currencies, and are subject to diverse legal systems and cultural attitudes.

Explanation:

Among the statements provided, the one that most accurately reflects a reality of multinational corporations (MNCs) is option c, 'A nation may expropriate the assets of multinational corporations without compensation.'

While MNCs do operate across multiple countries and are subject to respective local regulations, tax laws are not uniform across nations, which may lead to complexities and potential for tax optimization by shifting profits to lower-tax jurisdictions. As observed in cases like Netflix International using Luxembourg's favorable tax laws, multinational corporations can leverage different tax regimes to their advantage. However, concerns around such practices have led to scrutiny, and there is a movement towards changing these rules in response to public pressure.

Additionally, cash flows within a multinational corporate system are not denominated in a single currency, but rather in many different currencies. This results in the need for managing exchange rate risks and currency conversions. Lastly, the differences in legal systems across various host nations do not necessarily make it easy for executives to operate effectively abroad, and attitudes toward risk-taking are not necessarily uniform from one country to the next, as cultures and business environments can differ significantly.

Answer:

Account Receivable   42,000

Allowance                 (20,500)

Net                               21,500

Explanation:

credit sales:              820,000

cash collected        (760,000)

write-off                     (18,000)

Account Receivable  42,000

allowance for bad debt expense

820,000 x 2.5% = 20,500

The accout receivable gross balance will be 42,000

and the net will be 42,000 - 20,500 = 21,500

Answer:

Cost of raw materials=$93,000

Cost of manufactured period=$308,000

COGS= $318,000

Explanation:

A) Cost of raw materials:

We need to use the following formula:

Cost of raw materials= beginning inventory + purchase - ending inventory= 15,000 + 95,000 - 17,000= $93,000

B) We need to calculate the production during the period.

Cost of manufactured period= Beginning work in progress inventory+ direct materials + direct labor + factory overhead - ending work in progress

Cost of manufactured period= 45,000+ 93,000 + 135,000  + 65,000 - 30,000 =$308,000

C) The cost of goods sold refers to the direct costs attributable to the production of the goods sold in a company. This amount includes the cost of the materials used in creating the goods along with the direct labor costs used to produce the goods. It excludes indirect expenses, such as distribution costs and sales force costs.

COGS=Beginning Inventory+Production during period−Ending Inventory

COGS= 60,000 + 308,000 - 50,000 =$318,000

This calculation breaks down the various costs associated with a manufacturing company. The cost of raw materials used is $93,000. The cost of goods manufactured equals $308,000 and the cost of goods is $318,000.

First, let's calculate the cost of raw materials used. You start with the beginning raw materials inventory of $15,000, add raw materials purchases of $95,000, then subtract the ending raw materials inventory of $17,000. So the cost of raw materials used is $15,000 + $95,000 - $17,000 = $93,000.

Next, let's calculate the cost of goods manufactured. The cost of goods manufactured consists of the cost of raw materials used ($93,000), direct labor ($135,000), and total factory overhead ($65,000). The sum of these is $293,000. To this, we then add the beginning work in process inventory ($45,000) and subtract the ending work in process inventory ($30,000). So the cost of goods manufactured is $293,000 + $45,000 - $30,000 = $308,000.

Finally, let's calculate the cost of goods sold. The cost of goods sold begins with the cost of goods manufactured ($308,000) and adds the beginning finished goods inventory ($60,000), then it subtracts the ending finished goods inventory ($50,000). So, the cost of goods sold is $308,000 + $60,000 - $50,000 = $318,000.

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Answer:

The correct answer is D: $10,329

Explanation:

Giving the following information:

You want to have the equivalent of $700,000 (in terms of today's spending power) when you retire in 30 years. Assume a 3% rate of annual inflation. The interest rate is 10% annual.

First, we need to determine how much is $700,000 in 30 years.

FV= PV*(1+i)^n

FV= 700000*(1.03^30)= $1,699,083.73

Now, we can calculate the annual payment required using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,699,083.73* 0.10)/[(1.10^30)-1]= $10329

To have the equivalent of $700,000 in terms of today's spending power at retirement, you would need to invest approximately $331,763.82 per year. This calculation takes into account a 3% rate of annual inflation and an annual earning rate of 10%.

To calculate the amount you need to invest per year in order to have $700,000 at retirement, we can use the concept of present value. We need to find the present value of $700,000 in terms of today's spending power considering a 3% rate of annual inflation.

Using the present value formula:

PV = FV / (1 + r)ⁿ

Where PV is the present value, FV is the future value, r is the discount rate, and n is the number of years. In this case, FV is $700,000, r is 3%, and n is 30 years.

Plugging in the values:

PV = 700,000 / (1 + 0.03)³⁰ = $329,504.37

Now, we can use the present value formula again to calculate the amount to invest per year:

PV = PMT× [(1 - (1 + r)⁻ⁿ) / r]

Where PMT is the amount to invest per year. Plugging in the values:

329,504.37 = PMT × [(1 - (1 + 0.1)⁻³⁰) / 0.1]

Simplifying the formula:

329,504.37 = PMT× [(1 - 0.007210523) / 0.1]

329,504.37 = PMT×0.99278948

PMT = 329,504.37 / 0.99278948 = $331,763.82

Therefore, you would need to invest approximately $331,763.82 per year to have the full amount of money needed at retirement.

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Answer:

d. selling products that appear to be locally adapted.

Explanation:

Localization:It refers to products which is locally adapted by the end-users. It is that thing which is easily adapted by the peoples and along with it, it can meet the needs of the people.  

It overall impacts the customer buying behavior which includes their taste and preference, bargaining power, affordability, reasonable price, etc

By going throughout the options, the most correct option is D. So, other options are incorrect.

Answer:

D. Losses result from peripheral or incidental transactions, and expenses result from ongoing major or central operations of the entity

Explanation:

The expenses represent the cash outlow or liabilities taken to carry out the activities to continue his operations.

While the Gains and Losses are incidental transactions or other events which are not controlled by the entity management. They aren't the outcome of the company's decisions. Thus, they could arise from changes in price of real state, equipment, tecnology breakthrough which means equipment obsolete and so on.

Answer:

salaries payable              4,200 debit

         salaries expense                    4,200 credit

----- reversing entry -----

salaries expense            7,000 debit

         cash                                        7,000 credit

----payment of wages7wtih reserving entry----

salaries payable               4,200 debit

salaries expense            2,800 debit

         cash                                        7,000 credit

---- payment without reversingentry ----

Explanation:

(A) the reversal entry will be like the adjusting entry done backwards.

(B) when the journal entry is made, then we recognize expense for the full amount. leaving a balance for the expense for the current period:

wages expense

debit       credit

              4,200

7,000

2,800 debit balance

(C) if no reversing entry was made, then we use the payable and recognize expense for the period

7,000 - 4,200 = 2,800 expense

Answer:

a. May not be able to afford, but nevertheless admire, global brands.

Explanation:

Let's analize all the statements for separate.

A.Global dreamers favour the global brands. Unlike global citizens can't afford them, but still admire them.

B. Refers to Antiglobals

C. Refers to global agnostics

D. Is against some global brands, can be seen as soft global agnostic.

Answer:

productivity per labor hours: 55.55 dollars

Explanation:

productivity per hour:

total output/total hours

total output:

52 second quality garment x $80 each =    4,160

80    first quality garment   x $198 each =  15,840

total output 4,160 + 15,840 = 20,000

hours worked:

8 workers at 45 hours each = 360 hours

Productivity: 20,000/360 = 55.55

each labor hour produced $55.55 dollar per labor hours

Answer:

Oracle Corporation report as bad debt expense for the year: $118 million

Explanation:

allowance at the end of the year - allowance at the beginning of the year + accounts written off during the year = bad debt expense for the year

$296 million - $323 million + $145 million = $118 million

The accounts written off during the year increase the expense because they are uncollectible so there were removed from a receivable account in the general ledger. The way to do so is:

A credit to Accounts Receivable, and a debit to Allowance for Doubtful Accounts

Answer:

Instructions are listed below

Explanation:

Giving the following information:

x1= number of people in the household

x2= total household income

x3= total household expenditure on food

x4= total household expenditure on clothing

x5= total household expenditure on alcohol and tobacco

x6= total household expenditure on other goods

A) total household income = x2

B) total household saving= x2-x3-x4-x5-x6

C) income per person= x2/x1

D) expenditure on clothing per person= x4/x1

Answer:

for provider B the surplus is 100

for provider A te surplus is 125

If my friend is a rational consumer it will pick the Provider A

Explanation:

if P = 1 then:

150 - 50(1) = 100

To know the surplus we calculate the area of the demand above the market price:

(P0 -Pm)Qm/2

(3-1) x (100) / 2 = 2 x 100 / 2 = 100

For provider A then P will be zero so

150 - 50(0) = 150 minutes

the surplus will be the area of the demand curve less the fixed cost

3*150/2 - 100 = 225 - 100 = 125

The consumer surplus with Provider A is $0 because the cost they are willing to pay and what they actually pay is the same. For Provider B, the consumer surplus is $25 because Provider B charges for each individual minute used. Therefore, if the only thing considered is consumer surplus, Provider B is the better option.

To analyze the consumer surplus for each provider, we need to understand the demand equation QD=150-50P and apply it to the cost structures of each provider. For provider A, the price is always $120 a month, regardless of the minutes used. As a result, the consumer surplus for provider A is the difference between the maximum the customer is willing to pay and the actual cost they pay, which ends up being $0 as these amounts are the same.

For provider B, the cost of each minute is $1. Insert this value into the demand equation to find QD=150-50(1) = 100 minutes. The consumer surplus with provider B would be 0.5 * (150 - 100) * (1 - 0) = $25.

In conclusion, if consumer surplus is the only factor considered, your friend should choose provider B which provides a >$25< consumer surplus compared to $0 of provider A.

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Answer:

Check: Review the test, analyze the results, and identify what you’ve learned.

Explanation:

The four phases are:

Plan: identify and analyze the problem or opportunity, develop hypotheses about what the issues may be, and decide which one to test.

Do: test the potential solution, ideally on a small scale, and measure the results.

Check/Study: study the result, measure effectiveness, and decide whether the hypothesis is supported or not.

Act: if the solution was successful, implement it

Final answer:

Evaluate Betty's actions using the PDCA model and suggest improvements for her meeting management.

Explanation:

Betty's actions can be evaluated using the PDCA model:

Plan: Sending out agendas before the meeting.

Do: Conducting the meeting and assigning a team member to take minutes.

Check: Following up with team members to check progress.

Act: Making improvements based on the meeting outcomes for future meetings.

Improvements Betty could make: Clarifying team member roles, ensuring clear notes and action items, managing group dynamics for participation, and ending meetings on time.

SEO Keywords: PDCA model, team dynamics, meeting management

Answer:

The correct answer is D: economies of scale

Explanation:

Economies of scale are the diminished cost by companies when production becomes efficient.  Companies can achieve economies of scale by increasing production and lowering costs. This happens because fixed costs are spread over a larger number of goods. There are implications in variable costs as well (for example in obtaining discounts by large purchases from suppliers). In general, the larger the scale, the more cost savings.

The cost per unit depends on how much the company produces. Larger companies can produce more by spreading the cost of production over a larger amount of goods. Specialization of labor and more integrated technology boost production volumes. Lower per-unit costs can come from bulk orders from suppliers, larger advertising buys, or lower cost of capital. Spreading internal function (for ex: accounting, information technology, and marketing) costs across more units produced and sold helps to reduce costs.

Final answer:

The example described is of economies of scale, where increasing production leads to a lower average cost per unit. This occurs because of a more efficient production process and the spreading of fixed costs over a larger number of units. Hence, it is option D.

Explanation:

The concept described in the question is that of economies of scale. This is when the average cost of production per unit decreases as the level of production increases. For instance, producing 20,000 TV sets instead of just 100 allows a factory to invest in an assembly line, resulting in more automation and workers who can perform specialized tasks more efficiently. This specialized setup effectively reduces the average cost per TV set. Economies of scale happen because the fixed costs are spread over a larger number of units, and the factory can optimize production processes and use resources more effectively.

When considering other choices presented in the student's question, specialization and division of labor are closely related concepts and contribute to economies of scale. Specialization means workers focusing on a particular aspect of production, which enhances their expertise and efficiency. Division of labor is the breaking down of production into steps or tasks, where each worker or group performs a specific role. Together, these contribute to greater overall productivity, but the direct answer to what makes the average cost of production per TV set lower in larger amounts is economies of scale.

Answer:

Ending inventory= $916.2

Explanation:

Giving the following information:

Nov. 1 Inventory: 35 units  $7.10 each

Nov. 8 Purchase: 142 units  $7.60 each

Nov. 17 Purchase: 71 units  $7.45 each

Nov. 25 Purchase: 106 units $7.80 each

Nov. 30 ending inventory: 118 units on hand. FIFO (first-in, first-out)

Ending inventory= 106*7.8+12*7.45= $916.2

Answer:

Explanation:

For showing the comparative income statement, first we have to do the calculations which are shown below:

For 2020 = Pretax income using weightage average pricing - tax rate @30%

= $201,100 - $60,330

= $140,770

For 2019 =  Pretax income using weightage average pricing- tax rate @30%

= $147,000 - $44,100

= $102,900

For 2018 =  Pretax income using weightage average pricing - tax rate @30%

= $175,200 - $52,560

= $122,640

We ignored the computation through FIFO method

The computation of the comparative income is shown in spreadsheet. Kindly find the attachment below:

Answer: p = (-0.10)x + 33

Explanation:

Given that,

p = m x + b .......(1)

Price and demand are related linearly.

m = -0.10, x = 260 and p = 7

Substituting all these in equation (1) for calculating the value of b,

7 = -0.10 × 260 + b

b = 7 + 26

b = 33

Therefore, linear equation relating price to demand is as follows:

p = (-0.10)x + 33

Final answer:

The linear equation relating price to demand for the company's greeting cards, given the decrease in price per additional card and a specific price-quantity example, is p = -0.10x + 33.

Explanation:

The question asks for the linear equation relating price to demand for a company that makes greeting cards. Given that for every additional card sold the price must decrease by $0.10, and to sell 260 cards the price is set at $7, we can use the linear equation p = mx + b. Here, m (slope) represents the change in price per card, which is -$0.10, and x represents the quantity of cards. Knowing one point on the line allows us to solve for b, the y-intercept. Substituting the values, we have 7 = -0.10(260) + b. Solving this equation for b gives us b = $33. Therefore, the linear equation relating price to demand is p = -0.10x + 33.

Answer: Purchasers and sellers

Explanation: Free market refers to a market structure in which the goods and services are priced on the basis of market forces of demand and supply. The intervention of Government in such markets for the purpose of price controlling is very minimal.

The demand force depends on the purchasers and the supply force depends on the sellers.

Thus, from the above we can conclude that the correct option is A.

Answer:

C.

Explanation:

In marketing, when we are analizing the market segmentation we can divide in 4 categories.

Global Citizens and Global Dreamers are both positive toward international brands.

Global Citizens are concerned with corporate responsibility toward local country while Global Dreamers are less concerned.

The global agnostics don’t base decisions on origin of brand.

And the Antiglobals are negative toward international brands. John was skeptical about the quality of the goods because of the origin of the brand.

Answer:

Total dollar return = $980

Explanation:

Data:

S = Shares of Stock = 700

P0 = Initial Price = $43

D = Dividends = $0.40

P1 = Price at the end of the year = $44

DR = Dollar Return = ?

Equation:

DR = S * (P1 - P0 + D)

Calculation:

DR = 700 * ($44 - $43 + $0.40)

DR = 700 * ($1.40)

DR = $980

The total dollar return on this investment is $980.

Hope this helps!

Answer:

The correct answer is option c.

Explanation:

The term 'invisible hand' was coined by the economist Adam Smith in his book "Wealth of nations". It refers to the invisible market force that helps the economy to reach the equilibrium.  

This invisible force though powerful is not perfect. In some cases, it fails to achieve efficiency which leads to market failure. In such situations, government intervention is necessary to efficiently allocate resources in the economy. So even in a market economy, we need government.

Answer:

The Market/book ratio is 5.67.

Explanation:

Book value per share = (common equity)/(number of shares)

                                    = ($ 6 billion)/($ 400million )

                                    = $ 15 per share

Market/book ratio = (market price per share)/(book value per share

                               = $75/$15

                               = 5.00

Therefore, the Market/book ratio is 5.67.