Answer:
D finish it in the oven
Explanation:
Mansfield Pharmaceuticals markets Zipro, an antibiotic. The firm has fixed costs of $1,000,000 and variable costs of $2 per bottle of 50 tablets priced at $10 per bottle. What is the break-even volume?
Answer:
Break-even volume is 125,000 bottles
Explanation:
The formula for break-even quantity (BEQ) is given by:
BEQ = FC / (P - VC)
Where:
FC = fixed costP = priceVC = variable costPlug in the numbers we got
BEQ = 1,000,000 / (10 - 2) = 125,000
So to break even Mansfield Pharmaceuticals needs to sell 125,000 bottles of Zipro
Richard Anderson, an entrepreneur residing in Arizona, noticed that many of his friends and neighbors complained of the intense heat during the summer months. In order to make the heat more bearable, Anderson developed and marketed a simple cooling system that sprayed a fine mist of water into the air. The system attached easily to patio roofs, backyard fences, and even golf carts. Since introducing the product on the market, Anderson has discovered that relatively large changes in the price of the system lead to relatively small changes in demand for his product. The demand for Anderson's product is:
Answer:
Inelastic
Explanation:
When the price elasticity of demand (PED) is lower than 1, the demand is said to be inelastic. This means that a 1% increase in the price of a good or service will result in a proportionally smaller reduction of the quantity demanded. The formula for calculating price elasticity of demand is:
PED = % of change in quantity / % of change in price
For example, if the price of gasoline increases by 5% but the quantity demanded for gasoline decreases only by 2%, the PED = 2% / 5% = 0.4, therefore the demand for gasoline is inelastic.
The following selected data are from a recent statement of cash flows: Net cash flow from operating activities $35,000 Net cash flow used for investing activities (20,000) Net cash flow from financing activities 60,000 Ending cash balance 100,000 What was the beginning cash balance? a.$75,000 b.$(25,000) c.$65,000 d.$25,000
Answer:
d.$25,000
Explanation:
Amount ($)
Cash provided by operating activities 35,000
Cash used by investing activities (20,000)
Cash used by financing activities 60,000
Net Increase (Decrease) in cash balance (a) 75,000
Cash at the beginning of the year (c=b-a) 25,000
Cash at the end of the year (b) 100,000
The beginning cash balance is $25,000
On March 1, Green went to Easy Car Sales to buy a car. Green spoke to a salesperson and agreed to buy a car that Easy had in its showroom. On March 5, Green made a $500 down payment and signed a security agreement to secure the payment of the balance of the purchase price. On March 10, Green picked up the car. On March 15, Easy filed the security agreement. On what date did Easy’s security interest attach?
a. March 1.
b. March 5.
c. March 10.
d. March 15
Answer:
C: March 10
Explanation:
In this scenario he signed the security agreement on the 5th of March, picked up the car on the 10th of March, and filed the security agreement on the 15th of March.
Even though he signed the agreement on the 5th of March (which would be believed is the day that the security interest is attached), he only took it into his possession on the 10th. Only once you take the car into your possession does the security interest attach, since it is no longer in the possession of the car dealer.
Final answer:
The security interest of Easy Car Sales attached on c. March 10 when Green made the down payment and signed the security agreement.
Explanation:
The security interest of Easy Car Sales attached on March 5. This is the date when Green made a $500 down payment and signed the security agreement to secure the payment of the balance of the purchase price. The security interest attaches when the debtor signs the security agreement, which occurred on March 5 in this case.
He signed the agreement on March 5th, which is thought to be the date the security interest is attached, but he didn't actually take possession of it until March 10th. Since the car is no longer in the car dealer's ownership, the security interest only becomes attached when you have the vehicle.
Suppose that last month, 1.00 U.S. dollar could purchase 0.75 euros, but this month it can purchase only 0.70 euros.
What do we say is happening to the value of the U.S. dollar and the euro?
Answer:
The value of dollar has depreciated while that of euro has appreciated.
Explanation:
The exchange rate for a currency is the rate at which it can be exchanged for another currency. It is the rate at which one currency can purchase another currency. If in the previous month the US dollar can purchase 0.75 euros then its exchange rate is $1 = 0.75 euros.
If this month a dollar can purchase only 0.70 euros, it implies that the euro is becoming expensive and the value of US dollars is decreasing.
In other words, we can say that US dollars are depreciating and euros is appreciating.
Kenneth purchased a car from his local dealership, Quartent Cars. However, since the car was not available in the color that Kenneth favored, the sales contract stipulated that Kenneth could immediately pick up the car of his preferred color from a nearby warehouse. The warehouse was owned by Mr. Henderson. Kenneth received the document of title for the car upon payment and presented it to Mr. Henderson a week later. But Mr. Henderson informed Kenneth that the car was damaged during a fire at the warehouse. What role does Mr. Henderson fulfill in the contract?\
Answer:
Mr. Henderson is the bailee
Explanation:
In contract law, the bailee is the person or organization that receives possession of a property or products by a contract of bailment. The contract of bailment requires that the bailee returns the property or products back to the bailor (person or organization that gave them the property) when required. The bailee is responsible for safe keeping the property or products handed to them as part of the contract of bailment.
Q 11.19: Clayworks Corporation issued 300,000 shares of $5 par value common stock for $26 per share. During that year, the corporation sustained a net loss of $80,000. The year-end balance sheet would show
Answer:
The amount which the year end balance sheet will show Common stock of $1,500,000
Explanation:
As the corporation issued the 30,000 shares at the rate of $5 par value. So, the common stock is of:
= Number of shares × Price per share
where
Number of shares is 300,000
Price per share is $5
So, putting the values in the above:
= 300,000 × $5
= $1,500,000
George's firm contracts to provide risk management services for a wide range of smaller companies that cannot provide the service for themselves. One of George's responsibilities at the end of each month is to review the threats encountered by the companies and put them into the appropriate categories.
Answer:
Extortion
Explanation:
Here is the complete paragraph
George's firm contracts to provide risk management services for a wide range of smaller companies that cannot provide the service for themselves. One of George's responsibilities at the end of each month is to review the threats encountered by the companies and put them into the appropriate categories.
One of his firm's clients details an incident in which a hacker — a former employee — thieved trade secrets from the client and threatened to release them to the competition if he was not paid. In which of the following categories should George place this incident?
At the supermarket checkout line, you place a bar between your groceries and the groceries of a person behind you, which is an example of __________.
a. central markers
b. land markers
c. space markers
d. boundary markers
Answer:
Letter d is correct. Boundary markers.
Explanation:
Boundary markers are physical markers to identify boundaries, the alteration or the beginning of a boundary. They emerged as a form of social hierarchy to declare boundaries over a land space.
There are several types of boundary markers, they can be described as pillars, obelisks, corners and contour trees. The purpose of these boundary markers is according to Josiah Ober "a way to impose human, cultural and social meanings on a once undifferentiated natural environment."
Darren is the supervisor in a manufacturing facility that produces desks and chairs. Control of quality and output is his responsibility. To ensure that he is following the controlling process, after measuring the performance of his employees, he must _____, and then take any corrective action necessary.
compare measured performance to standardscreate the standardsmake changes to the organizationimplement influencing methodsidentify profitability standards
Answer:
compare measured performance to standards
Explanation:
Darren is in charge of quality control and that requires him to inspect, test and measure a sample unit of the products manufactured and compare it against the standard. He must check that the sample unit complies with all the specifications necessary for desks and chairs.
When the Writers Guild of America went on strike in 2007-2008, the union and studios met with a third party who helped continue negotiations and made suggestions for resolving the issues. While the union and studios benefited from considering the suggestions, they were not bound to follow them. This form of negotiation is called
Answer:
mediation
Explanation:
The Writers Guild of America and the film studios used a mediator when they started their negotiations. The mediator is an impartial third party that is present during the negotiations and tries to help both parties reach an agreement or settlement. The decisions taken by the mediator are not mutually binding so any party can accept or reject them. A mediator only helps to solve the problem, offers possible solutions, but shouldn't decide anything.
In order for the decisions taken by the third to be binding, the third party must be an arbitrator. In an arbitration process all parties involved must accept the decision of the arbitrator.
Jamie is looking for a new job. She used to be the top sales representative for the region and was expecting to be promoted. However, one of the regional manager's golfing buddies was promoted to district manager instead. Jamie's dissatisfaction with her current job stems from a breakdown in the ________ relationship.A) effort-performance.B) effort-satisfaction.C) performance-reward,D) rewards-personal goals.E) personal goal-self actualization
Answer:
C) performance-reward
Explanation:
EXPECTANCY THEORY -
According to this theory , it argument regarding the tendency to act in a particular way is dependent on the strength of the expectation .
This theory focus on three major relationships , i.e. ,
Effort-performance relationship Performance - reward relationship Rewards - personal goals relationshipPerformance - reward relationship -
It is the degree to which the particular person believes , as performing at the particular level will lead to the desired expectations or outcomes of the employer .
Hence , from the question information ,
The correct term for the given statement is Performance - reward relationship .
Which NIMS Management Characteristic helps to eliminate confusion caused by conflicting instructions?A. Management by Objectives.B. Chain of Command and Unity of Command.C. Information and Intelligence Management.D. Accountability.
Answer:
B. Chain of Command and Unity of Command.
Which of the following describes the products and services of companies that are price-setters?
A. They tend to be unique.
B. They are priced by managers using a target-costing emphasis.
C. They tend to be commodities.
D. They tend to have a lot of competitors.
Final answer:
Price-setters generally provide unique products and services, enabling them to have control over their pricing strategies, as opposed to being dictated by market forces. Thus, the correct answer is that price-setters' products and services tend to be unique.
Explanation:
Companies that are price-setters typically offer products and services that are unique, allowing them to set prices comparatively higher than in a perfectly competitive market. These companies have market power, potentially due to factors such as economies of scale, high barriers to entry, or owning exclusive resources. As a result, price-setters can charge more than their marginal cost, unlike in pure competition where firms are price-takers and products tend to be commoditized with little differentiation.
In the context of the given options, price-setters are associated with the following characteristics:
They tend to offer products that are unique.They price their products with an emphasis on targeting cost plus a desired profit margin, rather than being guided strictly by market prices.They are not generally operating in markets with a large number of competitors offering indistinguishable products.Hence, the correct answer is A. They tend to be unique.
Recently, a high-level manager at Trophy Trinkets noted a rise in customer satisfaction complaints. This rise is inconsistent with Trophy's goals in this area. This manager has identified a(n):_________
a. need for change.
b. swot analysis.
c. environmental opportunity.
d. behavioral occurrence.
e. critical incident.
Answer:
a. need for change.
Explanation:
Based on the information provided within the question it can be said that the manager has identified a need for change. This is because since the complaints are going against what Trophy Trinkets has set as goals, then they need to make specific changes in the area of customer service in order to address the complaints, as well as prevent new complaints from coming in. This would allow Trophy Trinkets to hopefully meet their goals.
During the introductory stage of the product life cycle__________.a) The company yields very high profits.b) There is significant competition creating barriers to entry.c) The company is trying to recoup its marketing expenditures, such as promotions, research and development.d) Brand awareness is high due to product novelty.e) Brand loyalty is established.
Answer:
Letter c is correct. The company is trying to recoup its marketing expenditures, such as promotions, research and development.
Explanation:
The introductory phase of the product cycle is characterized by the insertion of the final product in the market.
In this phase the company focuses its efforts on the implementation of a marketing strategy such as promotions and advertisements that help reach the target audience. As it is a new product in the market, it is not common to have many competitors, but in return the profitability is also low, being common at this stage even financial losses.
Therefore, it is ideal to focus on customer-driven marketing so that the company begins to make profits.
1. When Roberto interviews for a job, he emphasizes how he can partner with the company to help it adapt to meet challenges. 2. Gourd Supermarkets has an extensive training program for all new employees and then has all employees spend a day in customer service and workplace safety training each year. 3. Pure Nature Vitamins rewards employees with annual incentive pay based on that year’s performance rather than salary increases based on seniority.
Answer:
This MQQ is incomplete, here is the full question:
Indicate whether it is typical of the old social contract or the new social contract.
1. When Roberto interviews for a job, he emphasizes how he can partner with the company to help it adapt to meet challenges.
2. Gourd Supermarkets has an extensive training program for all new employees and then has all employees spend a day in customer service and workplace safety training each year.
3. Pure Nature Vitamins rewards employees with annual incentive pay based on that year’s performance rather than salary increases based on seniority.
1. new social contract
2. old social contract
3. new social contract
Explanation:
A social contract is a term coined by the great philosophers (Rousseau) and it even gained a special theory/movement basis. It reflected the notion that people always make various sorts of compromises with authorities, in the sense that they give a portion of their freedom in exchange for an important benefit, protection or the promise for maintaining the social order.
Although it cannot be wholly transferred to business, the employer-employee social contract can be similarly defined. It includes the terms which the employer and employee accept and they are related to their expectations about the workplace culture, compensation, assessment, development and learning. In other words, it is like the usual behavior in an employer-employee relationship which is common for a certain period of time (20th, 21st century...).
Accordingly, we differentiate the old and the new social contract. The old social contract is related to the notion of work and what it represented to employees and employers in the past century. Employees wanted stable employment, wages that were constant and secure. They were satisfied with slow and steady progress in their career, with not much attention paid to individual assessment. What's more, they were OK with having a single job throughout their whole career, as that was synonymous with safety and well-being.
On the contrary, the new social contract mostly reflects the millennials' way of thinking about work. Sticking to one employer for a lifetime is now more of an exception rather than the rule, as job-hopping is the usual practice. They prefer meritocracy rather than seniority - a structured, robust and established career ladder is a thing of the past. They want frequent assessment which will objectively measure their performance and progress. Likewise, they want tailor-made compensation that is irrelevant of salary ranges or the median company salary.
Culture-wise. the new social contract proposes that employees are willing to make decisions and have a stake in decision making or thorough company transformation. Every particle of work is technology-driven, so they are not afraid of learning new things constantly. That implies the fact that they expect the same from their employers - frequent, tailor-made training and development.
1. Roberto's enthusiasm to partake in company transformation is common for the new social contract. In the old social contract, employees weren't much interested in the background of business operating - mostly, all they wanted was secure employment.
2. Training employees upfront of the job is a common thing for the old social contract. In the new social contract, it is expected employees start a job well-prepared, however, frequent, tailor-made training, in accordance with the employee's skill set is expected.
3. This is a classic example of the new social contract, as employees like to be paid according to their performance which is objectively measured. The sometimes rigid approach of seniority and complementary compensation is typical for the old social contract.
Spielberg Inc. signed a $170,000 noninterest-bearing note due in five years from a production company eager to do business. Comparable borrowings have carried an 11% interest rate. What is the value of this debt at its inception?
A. $210,900B. $190,000C. $112,755D. $101,582
Answer:
$100,890
Explanation:
To determine the value of the debt we must calculate the present value of the note:
present value = future value of the note / (1 + interest rate)⁵
present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685
present value = $100,890
Zara is the publisher of "Luxe Ladies Magazine," which is a publication targeted to Millennial and Gen Z women. Because it is a small, new publication, some of the larger bookstores, convenience stores, and newsstands are not agreeing to distribute the magazine. Zara is very concerned by this trend, because she believes that her publication, like most magazines, needs ____________ distribution in order to succeed.
Answer:
Intensive.
Explanation:
An intense distribution marketing strategy is one that helps an organization sell its products or services at a large number of points of sale, so that it is easy to reach its potential audience. Generally in this strategy of intense distribution the points of sale are chosen in locations with easy access where there is a lot of people, such as supermarkets, drugstores and gas stations.
Answer:
Intensive distribution
Explanation:
Intensive distribution refers to trying to sell a product or service using the largest possible number of outlets. For example, convenience goods are intensively distributed, e.g. cold drinks, candy, magazines, etc.
The idea behind intensive distribution is that the products are widely available and consumers can buy them very easily and with minimal effort.
Jonas enters into an oral contract with Chelsea to lease his house to her for $100,000. Chelsea pays him $100,000 and moves in. A month later, Jonas learns that his state requires contracts for the lease of goods with payments of $1,000 or more to be in writing. Which of the following options does either party have?
Answer:
Both parties have to continue with the contract since it cannot be rescinded because it has already been executed, Chelsea is living in the house and Jonas received the money. Since they probably will need a written contract for tax purposes, they can sign a contract with the same terms.
An organization may convert from an old system to a new system by choosing to run both the old and new systems at the same time until the new system is fully accepted. This is known as __________.
Answer:list
Explanation:
If a physical count of inventory indicates that the Merchandise Inventory account is overstated, an adjusting entry is required to record the difference. Assume a perpetual inventory system is used.
True or False?
Answer:
The correct answer is True.
Explanation:
Once you count all the products in the inventory once a year, you may have decided to count some products more frequently, perhaps because they are more valuable or because they fluctuate very quickly and form a large part of the business. To this end, you can assign special count periods to those items. For more information, see Perform the cyclic count.
If it is necessary to adjust the recorded inventory quantities, for counting or other reasons, you can use a product journal to change the inventory accounting entries without recording business transactions. Alternatively, you can adjust a single item on the item card.
If you need to change the attributes of the product accounting entries, you can use the product reclassification journal. Typical attributes to reclassify include dimensions and campaign codes, although it also performs "system transfers" by reclassifying location and warehouse codes. Special steps apply when you want to reclassify serial or lot numbers, and their expiration dates.
A single parcel is valued at $450,000. Zoning allows it to be subdivided into 8 lots and it is estimated that each lot could sell for $50,000. Site development costs (sewer, grading, road, etc.) would cost $50,000. What is the highest and best use?
Answer:
Selling the single parcel without dividing it into lots
Explanation:
There are three possible uses for the parcel: selling the parcel, selling the lots without development, and selling the lots with development.
Selling the parcel would earn $450,000
Selling the lots without incurring in development costs:
8 lots x $50,000 selling price per lot = $400,000
Selling the lots while incurring in development costs:
$400,000 - $50,000 = $350,000.
Therefore, the best option is to sell the single parcel, without dividing it into lots.
In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have accounted for approximately 12% of GDP, while imports have more than tripled to over 15% of GDP. Which of the following help to explain the increase in international trade and finance since the 1950s? Check all that apply.
Better high-speed rail lines
The widespread use of the Internet to conduct business
International trade agreements that lower tariffs and import quotas
Increases in the global population
Answer:
Better high-speed rail lines The widespread use of the Internet to conduct business International trade agreements that lower tariffs and import quotasExplanation:
Better cargo transportation services including high speed railroads, trucks and ships, all have helped increase international trade.
The internet and other improvements in telecommunications (e.g. smartphones) have changed our world, including the way business is done.
International trade agreements have lowered import tariffs, set a maximum tax rate for imports, and virtually eliminated import quotas in most developed nations (e.g. NAFTA and WTO).
The increase in international trade and finance since the 1950s is primarily due to international trade agreements, Internet usage for business transactions, and increases in the global population. The role of better high-speed rail lines is not as significant in global trade compared to these factors.
Explanation:The increase in international trade and finance since the 1950s can be attributed to several key factors. International trade agreements, which have lowered tariffs and import quotas, have increased the ease and profitability of global trade.
The advent and widespread use of the Internet for business transactions, has facilitated easier communication, faster transactions, and expanded the global marketplace. Increases in the global population have also boosted demand for goods and services, thereby increasing export and import activities.
Whilst better high-speed rail lines increase efficiency in goods transportation, they are more domestic- and continental-impacting, making their influence on global trade not as significant compared to the other factors.
Furthermore, since the early 1980s, imports have typically exceeded exports in the US, contributing to a trade deficit in most years. As such, the US has had to interact more with the international market, which reveals the increasing importance of international trade in the US economy.
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Money is
a. valuable because it is backed by gold.
b. whatever is generally accepted in exchange for goods and services.
c. anything that is a liability of a commercial bank
d. an object to be consumed.
Answer:
a)
Explanation:
money is a valuable because it is backed by gold
Which of the following statements is true?
a A negative balance on the financial account is a financial account surplus.
b A positive balance on financial account is a financial account deficit.
c A positive balance on the financial account means a positive balance on the current account.
d A negative balance on the financial account means a negative balance on the current account.
e A positive balance on the financial account is a financial account surplus.
Final answer:
The correct statement is that a negative balance on the financial account is a financial account surplus.
Explanation:
The correct statement is a) A negative balance on the financial account is a financial account surplus.
A negative balance on the financial account means that a country is a net lender to the rest of the world, indicating a surplus. Conversely, a positive balance on the financial account means a country is a net borrower from the rest of the world, indicating a deficit.
The current account balance is different from the financial account balance and measures the trade balance, including the balance of goods, services, and income flows. The two balances can have opposite signs.
In terms of innovation streams, what ____ occurred when customers purchased flat-screen computer monitors to replace the older, bulkier monitors.
Answer:
Technological substitution.
Explanation:
Technological substitution is basically the substitute to another option product of technology.
Carlyle Corporation reported net income of $360,000 and paid dividends of $125,000 on its common stock and $50,000 on its preferred stock. Common stockholders’ equity was $1,600,000 at the start of the year and $2,000,000 at the end of the year. Total assets were $2,200,000 at the start of the year and $2,600,000 at the end of the year. What is the company’s payout ratio? Group of answer choices
Answer:
0.347
Explanation:
Data provided in the question:
Net income = $360,000
Dividends paid on common stock = $125,000
Dividends paid on preferred stock = $50,000
Common stockholders’ equity at the start of the year = $1,600,000
Common stockholders’ equity at the end of the year = $2,000,000
Now,
Payout ratio
= ( cash dividends declared to common stockholders ) ÷ ( Net income )
= $125,000 ÷ $360,000
= 0.347
Items for which prices are comparatively stable and likely to be quoted on a list-price-less-discounts basis are called:
Group of answer choices sensitive commodities.
raw materials.
special items.
standard production items.
small value items.
Answer: The correct answer is "standard production items".
Explanation: Items for which prices are comparatively stable and likely to be quoted on a list-price-less-discounts basis are called: standard production items.
These standard production items are those that are obtained from countless sources in an easy way, generally the prices of these items are obtained from online catalogs and although prices may vary it is rare since they are quite moderate.
Brad and Kate received $9,500 for rent from Mike and Janet, who are renting their home in Santa Ana, California. Brad and Kate did not use this property for personal use. The rent covers eight months from August 1 of the current year to March 31 of the following year. The amount also includes a security deposit of $1,500. How much should Brad and Kate report as rental income in the current tax year?
a. $1,500
b. $5,000
c. $8,000
d. $9,500
Answer:
c. $8,000
Explanation:
The security deposit is usually refundable and NOT part of the rental income and, therefore, it should be deducted from the total amount received when reporting rental income for the tax year.
Thus, Brad and Kate should report $8,000 as rental income in the current tax year.