Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.
Answer and Explanation:
The preparation of the contribution margin income statement for the year is presented below:
Sales (45,000 units × $16 per unit) $720,000
Less: variable cost (45,000 units × $180,000 ÷ 30,000 units) -$270,000
Contribution margin $450,000
Less: fixed cost -$300,000
Net operating income $150,000
Hesterman Corporation makes one product and has provided the following information to help prepare the master budget for the next four months of operations:
Budgeted selling price per unit $118
Budgeted unit sales (all on credit):
April 7,800
May 9,400
June 14,000
July 12,100
Raw materials requirement per unit of output 3 pounds
Raw materials cost $3.00 per pound
Direct labor requirement per unit of output 2.8 direct labor-hours
Direct labor wage rate $25.00 per direct labor-hour
Credit sales are collected:
40% in the month of the sale
60% in the following month
The ending finished goods inventory should equal 40% of the following month's sales. The ending raw materials inventory should equal 20% of the following month’s raw materials production needs. The budgeted required production for May is closest to:______.
a. 9,400 units.
b. 18,760 units.
c. 11,240 units.
d. 15,000 units.
Answer:
Production= 11,240 units
Explanation:
Giving the following information:
Budgeted unit sales (all on credit):
May 9,400
June 14,000
The ending finished goods inventory should equal 40% of the following month's sales.
To calculate the production required for May, we need to use the following formula:
Production= sales + desired ending inventory - beginning inventory
Production= 9,400 + (14,000*0.4) - (9,400*0.4)
Production= 11,240 units
what is the name of the contract where corporations, institutional investors, and individuals are required to pay or to receive a specific amount of foreign currency
Incomplete question. The full question read;
What is the name of the contract where corporations, institutional investors, and individuals are required to pay or to receive a specific amount of foreign currency at a specific exchange rate at a particular date in the future
A) forward currency contract
B) forward foreign exchange market
C) forward rate contract
D) future hedge contract
Answer:
A) forward currency contract
Explanation:
In a forward currency contract agreement, there are two parties, and they agree to either pay or to receive a specific amount of foreign currency at a specific exchange rate at a particular date in the future.
For example, company A in the United States is selling $10,000 worth of goods to company B in the United Kingdom. Company B expects to receive the goods two months from now, and since it uses a foreign currency; the British Pounds, they will then agree on the specific exchange rate between £ and $ in advance before the payment date.
Conduct a basic SWOT analysis of an organization or a department you belong to using this SWOT Analysis Worksheet. Once completed, attach your SWOT Analysis Worksheet to the discussion. In the body of the post, provide an overview of the organization or your department and discuss how you see these factors affecting the direction of HR. Explain how HR can be involved as a strategic partner in addressing the results of the SWOT analysis. Your initial post must be a minimum of 250 words. Cite at least one scholarly source to support your response.
Answer:
Company - Pakola
Strength - Cheap price, Brand name, Many years of service
Weakness - High staff turnover, Lack of internal controls, Substitutes available.
Opportunity - Introduce new flavors for youth, Look for complimentary goods such as chips and nimco.
Threats - Many competitors, New entrants in the market, Low investment industry, Customers may get bore with one flavor
Explanation:
The SWOT analysis is conducted to analyze the business strengths and weaknesses so that these weaknesses can be overcome before they harm business activities. The strengths are used to make more profits and flourish business activities. The threats are considered so that necessary actions can be taken by company management for minimizing the risk to the business.
How do lines 345-365 illustrate the Cyclops’ societal failure?
The five steps of strategic decision-making include all of the following except: Identify the alternative actions. Provide an ongoing evaluation of the effectiveness of the decision. Based on strategy and analysis, choose and implement the desired alternative. Determine the strategic issues surrounding the problem. Select the proper cost management technique.
Answer:
The five steps of strategic decision-making include all of the following except:
Select the proper cost management technique.
Explanation:
Strategic decision-making is the process of planning and choosing a course of action to achieve company-wide goals as part of the long-term vision of an organization. It clarifies the company's big picture goals. It provides the organization the opportunity to align its short-term plans with its broad mission, thereby giving clarity and consistency to its operations. The problem is defined with information gathered, which helps to develop plans. The selection of the proper cost management technique is handled at the tactical level.
Skills USA offers the opportunity to practice information technology skills.
A.
True
B.
False
In which stage of extraction, transformation, and load (ETL) into a data warehouse are anomalies detected and corrected?
A) cleanse
B) transformation
C) load
D) extraction
Answer:
A) cleanse
Explanation:
In the stage of extraction, transformation and the load (ETL) that comes into a data warehouse where the anomalies are detected and corrected is the cleanse stage i.e. dirty data is detected in terms of incorrect, non-relevant, etc
So as per the given situation, the option A is correct
And, the rest of the options are incorrect
Using the word “CAPITALISM,” create an acrostic poem that demonstrates your understanding of the term. Feel free to come back and comment on other student poems as well!
Answer:
Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.
Answer:
Explanation:
Controlled
Allows
Political
Innovation
Tolerant
America
Land
Inferior
State
Marketing
What is one strategy that can help a person avoid spending too much money
on interest when borrowing money?
A. Choosing a loan with a compound rather than simple interest rate
B. Choosing a credit card with a high minimum monthly payment
C. Choosing a loan with a simple rather than compound interest rate
ОО
D. Choosing a credit card with a low minimum monthly payment
Answer:
Concept: Business
Choosing a credit card with a low minimum monthly payment will lead to less spendingAnswer:
I got C. Choosing a loan with a simple rather than compound interest rate
Explanation:
Required information Skip to question [The following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 10,000 Variable expenses 5,500 Contribution margin 4,500 Fixed expenses 2,250 Net operating income $ 2,250 5. If sales decline to 900 units, what would be the net operating inc
Answer:
The answer is "$1,800".
Explanation:
Given value:
[tex]Sales = \$ 10,000 \\\\Variable \ expenses = 5,500\\\\ Contribution\ margin= 4,500\\\\ Fixed \ expenses= 2,250\\\\ Net \ operating \ income = \$ 2,250[/tex]
Solution:
[tex]Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount \\\\ Sales = (900 \times \$ 10) = \$9,000 \\\\Variable\ expenses = (900 \times \$5.50)= -\$4,950 \\\\Contribution\ margin = \$4,050 \\\\Fixed \ expenses = -\$2,250 \\\\Net \ operating \ income = \$1,800[/tex]
At this revenue pace (900 units), the net operating income is going to be $1,800.
The main difference between value at risk and stress testing is?
Answer:
Stress tests are risk management tools widely used by both institutional investment managers and regulatory authorities. ... Value at Risk calculates the worst case loss over a given time period that won't be exceeded with a given level of confidence.
Answer:
do u have risk at any work or stress in your work?
Last year a company had sales of $410,000, a turnover of 2.8, and a return on investment of 33.6%. The company's net operating income for the year was:
Answer:
$49,200
Explanation:
The turnover hinted in the question means asset turnover, which can be used to determine the worth of assets invested in the year as follows:
asset turnover=net sales/total assets
assets turnover=2.8
net sales=$410,000
total assets employed in the year is the unknown
2.8=$410,000/total assets
2.8*total assets=$410,000
total assets=$410,000/2.8= $146,429
return on investment=net operating income/total assets
return on investment=33.6%
net operating income is unknown
total assets=$146,429
33.6%=net operating income/$146,429
net operating income=33.6%*$146,429 =$49,200
Which statement best describes a pure market economy?
Process capability evaluation allows us to: Select one: a. check customer requirements against what a process is able to achieve b. set control limits to a process c. determine the central tendency and the spread of a process d. eliminate subprocesses that do not contribute to customer satisfaction
Answer:
Process capability evaluation allows us to:
a. check customer requirements against what a process is able to achieve.
Explanation:
Process capability evaluation involves the set of tools used to analyze the performance of a given process against desired specifications. This means that it measures how well a process performs against targets. There are different measures of process capability. For example, Sigma Six is used as a process capability evaluation. Process capability index is also used to evaluate a process' capability, where the upper and lower limits are measured.
definition of pre customer contact
Answer and Explanation:
As the name suggests the pre customer contact means contacting the customer before selling the product so that the firm could able to find out the requirement of the customer what he or she needs
The firm has the responsibility to provide the information about their products and services so that the customer could able to decide what he or she actually wants
After the selling the person could become the customer
The unearned rent account has a balance of $73,210. If $19,230 of the $73,210 is unearned at the end of the accounting period, the amount of the adjusting entry is
Answer:
$53,980
Explanation:
Calculation for what the amount of the adjusting entry is:
Using this formula
Adjusting Entry Amount= Beginning Balance − Ending Balance
Let plug in the formula
Adjusting Entry Amount=$73,210-$19,230
Adjusting Entry Amount=$53,980
Therefore the amount of the adjusting entry is: $53,980
Lynda is teaching her client proper workflow
Answer:
The correct option is (A) Purchase order > Pay bill
Explanation:
Since in the given scenario, it is mentioned tha lynda is teaching her customer so the proper workflow would be purchase order and after that pay bill
As the vendor is the person who engage in the process of the supply chain for making the products so for this the vendor would charge the amount
Here the purchase order means the order that issued to the vendor in which the desciption of the product is mentioned in terms of type, quantity and agreed price
And, the payment would be made when the goods are received physically
So, the correct option is (A) Purchase order > Pay bill
According to dr.king,what happens when you don’t harness the drum major instinct?
Explanation:
when one fails to harness this instinct, they end up trying to push others down in order to push themselves up
If nominal gross domestic product in a country is $1,600 and the money supply is $400, what is the velocity of money
Answer:
[tex]Velocity = 4[/tex]
Explanation:
Given
[tex]NGDP = \$1600[/tex] --- nominal gross domestic product
[tex]Money\ Supply = \$400[/tex]
Required
Determine the velocity of money
This is calculated using:
[tex]Velocity = \frac{PT}{M}[/tex]
Where:
[tex]P = Price\ Level[/tex]
[tex]T = Real\ Transaction\ Value[/tex]
[tex]M = Amount\ of\ Money[/tex]
In terms of NGDP, the velocity is calculated as:
[tex]Velocity = \frac{NGDP}{M}[/tex]
So:
[tex]NGDP = \$1600[/tex]
[tex]M = \$400[/tex]
The expression becomes
[tex]Velocity = \frac{\$1600}{\$400}[/tex]
[tex]Velocity = 4[/tex]
Nancy owns a small dress store. During 2015, Nancy gives business gifts having the indicated cost to the following individuals:
Mrs Johns (a customer) : $37 plus $3 shipping
Mr. Johns (nonclient husband of Mrs. Johns) : $10
Ms. Brown (a customer): $22
What is the amount of Nancy's deduction for business gifts?
a. $ 0
b. $ 50
c. $ 53
d. $ 62
e. None of the above
Answer:
b. $50
Explanation:
Calculation for the amount of Nancy's deduction for business gifts
Deduction for business gifts=($37+$10-$22)+$3+$22
Deduction for business gifts=$25+$3+$22
Deduction for business gifts=$50
Therefore the amount of Nancy's deduction for business gifts will be $50
Considering the increased focus on values such as sustainability, environmental rights, human rights, and social responsibility, identify the behaviors and actions you might see in boards, senior leadership teams, and employees based on these values.
Explanation:
Globalization and new technologies were partly responsible for society's greater demand for good socio-environmental practices. This was due to the large flow of information that is transmitted over the internet in real time and can show more clearly the environmental and social problems around the world, which makes the population more aware of the search for solutions to such problems. Companies that used scarce environmental resources in a disorderly way now need to include solutions to protect the environment and society.
The multicultural environment of companies facilitated by globalization was also responsible for the adoption of a culturally diversified work environment with actions to promote individual and cultural values.
As a current solution to environmental and social problems, we can see environmental management with practices and procedures that minimize environmental impacts and assist in environmental protection, there are environmental and social programs in every large company, and this is an essential requirement to attract investors and make the company well positioned in the competitive market.
When the Fed buys bonds from financial institutions, new money moves directly Group of answer choices
Answer:
out of the loanable funds market.
Explanation:
In the case when the Fed purchased bonds from a financial institution so the new money shift directly out of the funds market i.e. lonable because the bank reserve would increased also they begins lending at lesser rate of interest
Therefore as per the given situation, the fourth option is correct
And, the same is relevant
mr sumesh started selling cars at the age of 23 and he then started selling planes at the age of 43 years. what is the fraction of his agr did he sell the car?
Answer:
[tex]Fraction = \frac{20}{43}[/tex]
Explanation:
Given
[tex]Cars = 23[/tex]
[tex]Planes = 43[/tex]
Required
Fraction of his age where he sold cars.
So, first we need to calculate the duration which he sold cars.
[tex]Duration = 43 - 23[/tex]
[tex]Duration = 20[/tex]
This means that he sold cars for 20 years.
To solve further, we'll assume that his current age is 43.
So, the fraction of his age is:
[tex]Fraction = \frac{Duration}{Current\ Age}[/tex]
Substitute values for Duration and Current Age
[tex]Fraction = \frac{20}{43}[/tex]
As more people become self-employed, which allows them to determine how many hours they work per week, we would expect the deadweight loss from the Social Security tax to
Answer: increase, while the revenue that is generated from the tax would reduce.
Explanation:
Deadweight loss occurs when there's a decline in total surplus which is due to the fact that there's a distortion in the market. Social Security tax is a tax that's imposed by the government on the employers and the workers in the country which is used to cater for the old, disabled, veterans etc.
Based on the scenario in the question, we would expect the deadweight loss from the Social Security tax to increase, while the revenue that is generated from the tax would reduce.
A firm in an industry with many other firms spends a significant amount on advertising to ensure consumers recognize their logo. What type of market structure does this firm likely operate in
Answer:
Monopolistic competition
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry.
A monopolistic industry has characteristics of both a monopoly and a perfect competition. The demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
Care facilities are expensive. Your mother wants a single room with her own bath-room. The annual estimated cost is $100,000, but your mother does not anticipate entering the facility for four years. Her life expectancy when she enters the facility will be three years. Currently she has $200,000 in assets that are earning 6 percent. How much must she invest annually to meet her anticipated financial needs
Answer:
$3,384.31
Explanation:
first of all we must determine how much money do you need to pay for 3 years of the facility:
PV = $100,000 x 2.6730 (PV annuity factor, 6%, 3 periods) = $267,300
if your mother does not invest more money, she will have $200,000 x (1 + 6%)⁴ = $252,495
this means that your mother will be $267,300 - $252,495 = $14,805 short
her annual contribution = $14,805 / 4.3746 (FV annuity factor, 6%, 4 periods) = $3,384.31
Charles works in a company that has a culture that embodies the importance of creating value for customers among all employees. Which type of orientation does his company embrace
Answer:
Market orientation
Explanation:
The market orientation refer to the orientation where the focus is to be done related to the customer needs and wants and how to satisfy them. It completely focused on designing and selling the goods so that it could satisfy the customer needs that result in earning the profits for the firm
So as per the given situation the company embrace the market orientation
Hence, the same is to be considered
Greg had selected 8 intervals total to service. He logged in on time for each interval, but ended up logging out 5
minutes early on 3 of those intervals. What is his resulting CA percentage for the week (rounded to the nearest
whole number)?
Answer:
The resulting CA percentage for the week to the nearest number is 94%
Explanation:
CA refers to Commitment Adherence.
Commitment Adherence (CA) is a way to calculate the reliability of an employee in relation to how much time they put into their work.
Put differently, it is a mathematical comparison between how much time you stated that you were going to work versus the actual amount worked. This concept is prevalent with people who use clock-in and clock-out system to measure productivity.
Step 1
The formula for calculating Commitment Adherence (CA) is:
(Serviced Minutes - Excused Non-Serviced Minutes) / (Posted Minutes + Released Minutes)
When you log out at about 5 minutes early it translates to 83% because each interval is 30 minutes. So 23/30 = 83%
Step 2
There are 8 intervals. 5 of them are 100% each. Thus total intervals for the week equal
(5*100%)+(3*83%) =
7.49 *30 = 224.7
Total number of intervals selected =
8*30 = 240
Therefore commitment adherence = 224.7/240
= 0.94%
Cheers!
which two aspects of continuous delivery pipeline require the most involvement from product managers
Answer:
Release on Demand and Continuous Exploration
Explanation:
The question above is a topic on the Continuous Delivery Pipeline which is done to limit errors in the automation of software from stages they are tested to a more complete production stage for end-users. There are four aspects in the Continuous Delivery Pipeline starting from the Continuous Exploration aspect and ending with the Release on Demand aspect while having Continuous Integration and Continuous Deployment as the second and third aspects respectively.
Release on Demand and Continuous Exploration requires the most involvement from product managers as:
Release on Demand makes product managers focus on how new production is strategically always available for end-users based on demand. This makes product managers have the awareness of the performance and demand of their products in the market.
Furthermore, Continuous Exploration needs product managers as this aspect is crucial in the birthing of new products for the market. This requires product study, market research, and other tasks for product managers.
While the other two stages need the involvement of product managers less as these stages move from the implementation of ideas and Integration of products to ready for deployment of products to end-users.