Answer: more elastic in their demand for tickets
Explanation:
Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.
Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.
Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.
A corporation: Select one: A. Is less costly to organize than a partnership B. Is subject to less regulation and supervision than a partnership C. Is subject to federal income taxes on its earnings, whereas a partnership is not D. Has an owner's capital account for each owner, whereas a partnership does not
Answer:
A corporation:
C. Is subject to federal income taxes on its earnings, whereas a partnership is not.
Explanation:
The other options fit a partnership more than a corporation. The chief advantages of a corporation over a partnership are the limited liability status of the shareholders of a corporation, which benefits all the shareholders and secondly, the corporation is a separate legal entity from the owners. This second advantage allows professional managers to lead the company. With respect to federal income taxes on the earnings, the corporation is taxed directly on its earnings and shareholders also pay taxes on their income from all sources (unless it is an S-corporation), while partners in a partnership enjoy pass-through taxation of their partnership earnings.
The costs of services charged to a profit center on the basis of its use of those services are:__________a. support department allocationsb. noncontrollable chargesc. activity chargesd. operating expenses
Answer:
a. support department allocations
Explanation:
These costs are known as support department allocations or service department charges. Every company tends to have these costs since this applies to any department or third party which provides the company with a service. Many times this mainly refers to manufacturing departments and production departments since both provide a service that every company needs in order to obtain their desired product.
Data from Fontecchio Corporation's most recent balance sheet appear below:
Cash $ 37,000
Marketable securities $ 39,000
Accounts receivable $ 97,600
Inventory $ 77,000
Prepaid expenses $ 32,000
Current liabilities $ 248,000
The corporation's acid-test ratio is closest to:_______
a. 0.56
b. 0.37
c. 0.19
d. 0.35
Answer:
the acid test ratio is 0.7 times
Explanation:
The computation of the acid test ratio is shown below;
Acid test ratio is
= Quick assets ÷ current liabilities
= (Cash + marketable securities + account receivable) ÷ current liabilities
= ($37,000 + $39,000 + $97,600) ÷ ($248,000)
= 0.7
Hence, the acid test ratio is 0.7 times
This is the answer but the same is not provided in the given options
planning concerned with long-range decisions such as defining the scope of business is referred to as
Answer: strategic planning
Explanation:
A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.
Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.
The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.
It is a baked staple food made from flour,liquid and other ingredients
a. cakes
b.biscuit
c.cookies
d.muffins
(I'm only in 7th grade, sorry if it is wrong.)
It can't be biscuits or cookies, since they require way more items. It is reasonable to choose muffins, since it doesn't need as much ingredients as cake.
If a person has ATM fees each month of $18 for 6 years, what would be the total cost of those banking fees?
Based on the cost of the ATM fees per month, the total cost of the banking fees in 6 years is $1,296
What is the total of the banking fees?The total fees charged by the bank as ATM fees can be solved by the formula:
= Fees per month x number of months
Solving for the total fees charged by the bank gives:
= 18 x 6 x 12 months a year
= 18 x 72
= $1,296
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If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________
Answer:
If you invest $1,600 at the end of every year for four years at an interest rate of 14%, the balance of your investment in 4 years will be closest to:____________
$7,873.83
Explanation:
a) Data:
Annual investment = $1,600
Interest rate = 14%
Number of period = 4 years
b) Calculations, using an online finance calculator:
FV (Future Value) $7,873.83
PV (Present Value) $4,661.94
N (Number of Periods) 4.000
I/Y (Interest Rate) 14.000%
PMT (Periodic Payment) $1,600.00
Starting Investment $0.00
Total Principal $6,400.00
Total Interest $1,473.83
c) The investment of $1,600 at the end of every year for fours will grow to $7,873.83 with the principal amount of $6,400 ($1,600 * 4) plus compounded interest of $1,473.83.
Papa PePe's Pizza purchased a used pizza oven for $9785. The company makes a down payment of $1000 and agrees to 36 monthly payments of $278.45 per month. Find the total finance charge.
Answer:
$1,239.2
Explanation:
finance charge refer the cost of using credit funds. It is the total amount a borrower pays to lender on top of the amount borrowed.
In this case, the total amount the customer paid for the oven
The deposit $1000.00
Monthly installment; $278.45 x 36= $10,024.2
Total amount paid =$278.45 +$10,024.2
=11,024.2
finance charge = total amount paid - cost of the item
= $11,024.2 - $9,785.
=$1,239.2
Consider an Erlang loss system. The average processing time is 3 minutes. The average interarrival time is 4 minutes. The number of servers is 2. What is the rate of lost demand in customers per hour?
A. 1.33
B. .65
C. 1.5
D. 2
Answer:
D. 2
Explanation:
The computation of the rate of lost demand is shown below;
Given that
p = 3
a = 4
M =2
Now
r = p ÷ a
=3 ÷ 4
= 0.75
Now determine the value from the erlang table having r = 0.75 and M = 2
= 0.123
Now,
The Rate of lost demand is
= demand rate × 0.123 × 60minutes
= (1 ÷ 4) × 0.123 × 60
= 1.845 or 2
= 2
Hence, the correct option is d.
The calculated rate of lost demand in customers per hour is 2.
Given Data
Average processing time (p) = 3
Average interarrival time (a) = 4
Number of servers (m) =2
r = p/a
r = 3/4
r = 0.75
The value derived from erlang table having r = 0.75 and M = 2 is 0.123.
The formula to be used to derive the Rate of lost demand is {Demand rate * P(r,m) * 60 minutes)
Rate of lost demand = (1/4) * 0.123 * 60
Rate of lost demand = 1.845
Rate of lost demand = 2
Therefore, the Option D is correct because the calculated rate of lost demand in customers per hour is 2.
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Aracel Engineering completed the following transactions in the month of June.
J. Aracel, the owner, invested $150,000 cash, office equipment with a value of $9,700, and $80,000 of drafting equipment to launch the company in exchange for common stock.
The company purchased land worth $58,000 for an office by paying $7,600 cash and signing a note payable for $50,400.
The company purchased a portable building with $57,000 cash and moved it onto the land acquired in b.
The company paid $2,000 cash for the premium on an 18-month insurance policy.
The company provided services to a client and collected $6,200 cash.
The company purchased $28,000 of additional drafting equipment by paying $11,800 cash and signing a note payable for $16,200.
The company completed $19,500 of services for a client. This amount is to be received in 30 days.
The company purchased $1,300 of additional office equipment on credit.
The company completed $22,000 of services for a customer on credit.
The company purchased $1,328 of TV advertising on credit.
The company collected $6,000 cash in partial payment from the client described in transaction g.
The company paid $1,700 cash for employee wages.
The company paid $1,300 cash to settle the account payable created in transaction h.
The company paid $955 cash for repairs.
The company paid a $9,670 cash dividend.
The company paid $1,300 cash for employee wages.
The company paid $4,200 cash for advertisements on the Web during June.
The journal entries for the June transactions by Aracel Engineering are as follows:
Journal Entries:Debit Cash $150,000
Debit Office Equipment $9,700
Debit Drafting Equipment $80,000
Credit Common Stock $239,700
Debit Land $58,000 Csh $7,600
Credit Note Payable $50,400
Debit Building $57,000
Credit Cash $57,000
Debit Prepaid Insurance $2,000
Credit Cash $2,000
Debit Cash $6,200
Credit Service Revenue $6,200
Debit Drafting Equipment $28,000
Credit Cash $11,800
Credit Note Payable $16,200
Debit Accounts Receivable $19,500
Credit Service Revenue $19,500
Debit Office Equipment $1,300
Credit Accounts Payable $1,300
Debit Accounts Receivable $22,000
Credit Service Revenue $22,000
Debit Advertising Expense $1,328
Credit Accounts Payable $1,328
Debit Cash $6,000
Credit Accounts Receivable $6,000
Debit Wages expense $1,700
Credit Cash $1,700
Debit Accounts Payable $1,328
Credit Cash $1,300
Credit Cash Discounts $28
Debit Repairs Expense $955
Credit Cash $955
Debit Dividend $9,670
Credit Cash $9,670
Debit Wages expense $1,300
Credit Cash $1,300
Debit Advertising expense $4,200
Credit Cash $4,200
Transaction Analysis:Cash $150,000 Office Equipment $9,700 Drafting Equipment $80,000 Common Stock $239,700
Land $58,000 Csh $7,600 Note Payable $50,400
Building $57,000 Cash $57,000
Prepaid Insurance $2,000 Cash $2,000
Cash $6,200 Service Revenue $6,200
Drafting Equipment $28,000 Cash $11,800 Note Payable $16,200
Accounts Receivable $19,500 Service Revenue $19,500
Office Equipment $1,300 Accounts Payable $1,300
Accounts Receivable $22,000 Service Revenue $22,000
Advertising Expense $1,328 Accounts Payable $1,328
Cash $6,000 Accounts Receivable $6,000
Wages expense $1,700 Cash $1,700
Accounts Payable $1,300 Cash $1,300 Cash Discounts $28
Repairs Expense $955 Cash $955
Dividend $9,670 Cash $9,670
Wages expense $1,300 Cash $1,300
Advertising expense $4,200 Cash $4,200
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Question Completion:Journalize the transactions
Question 6 (1 point)
Lauren has a job interview next week for an accounting position. Which of the
following would be LEAST important to prepare?
Based on the fact that Lauren has an interview for an accounting position, the least appropriate to prepare is her FB profile.
What should be prepared for a job interview?Lauren is going for her job interview and should prepare her resume and cover letter. These two things will show her skills, training, and reasons why she should be employed for the accounting position.
The Linked profile will provide additional information for the employer if they want to see more about her social activities. Lauren's FB profile is the least appropriate to prepare as this is her personal life and should not be monitored by employers.
Options for this question:
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what are the basic parts of business letter?
Consumers may keep as a gift any unordered merchandise that they receive in the mail. Group of answer choices True False
Answer: True
Explanation:
It should be noted that Consumers may keep as a gift any unordered merchandise that they receive in the mail based on what was noted by the Federal Trade Commission.
Any good that one receive but didn't order can be decided to be kept by the person and one won't be forced or told to pay for it by the company that sent it. One can let the company know about it though but in case one doesn't, one can't be forced to pay.
Which Energy career pathways work with renewable energy? Check all that apply.
Energy Conversion
Energy Generation
Energy Analysis
Energy Transmission
Energy Distribution
Answer:
2, 4, 5 :D
Explanation:
\(◕ヮ◕)/ *screeches yw* \(◕ヮ◕)/
Answer:
2,4,5 :D
Explanation:
Which of the following conditions would prevent an ironworker from doing the job?
claustrophobia
presbyopia
muscle aches
vertigo
Answer:
Muscle A
Explanation:
Well they require to build bridges or roads like reinforce it. So if a worker had muscle aches then it would be a pain to lift up big chunks of metal steel etc. Pardon me if I'm wrong..
Answer:
vertigo
Explanation:
ironworkers build structures for things like bridges and work at great heights. vertigo is a sensation of loss of balance that can happen from looking down from high heights or an ear disease.
Legal status of a person or entity that cannot repay the debts they oweStays on credit report for 7 years
Answer:
i think its 5
Explanation:
because the overtime of this will add up
Decision Point: Choosing a Different Strategy
In the next meeting with the CEO you begin discussing the plan for revitalizing Decathlonwear's sales. She does not support your recommendation.
"Given the fact that we have consumer behavior insights that show that consumers are not willing to sacrifice functionality for a sustainable product choice, I think we need to re-evaluate your recommendation."
You now need to develop an alternative strategy. Which should you choose?
Select an option from the choices below and click Submit.
Social media campaign: Invest in a social media campaign to strengthen the relationship with Decathlonwear's customers.
Athleisure: Promote the current product line to target consumers looking for athleticwear to wear as everyday wear.
On basis of alternative strategy i would choose Social media campaign: Invest in a social media campaign to strengthen the relationship with Decathlon wear's customers.
Social media campaign :
A social media campaign is a planned marketing effort to reinforce or assist with a business predefined goal using one or more social media platform's. Campaigns are different from everyday social media efforts as they keep eye on their increased focus, targeting and measurability.
Why social media campaign is important?
Using social media will allow us to reach your target audience, engage with current and potential customers, create brand loyalty, increase in website traffic, and drive sales.
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Suppose a change in health care laws increases the cost of hiring an employee. We can expect output in the short run to __________ and output in the long run to __________.
Answer: decrease, be unaffected.
Explanation:
We should note that the output in the short run can be expected to reduce in the short run. This is due to the increase in the cost of employing an employee as there's at least a fixed input in the short run.
Subsequently, since the output is variable in the long run and not fixed like that of the short run, the output won't be unaffected in the long run.
When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
Answer:
Doing a financial statement analysis.
Explanation:
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.
Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.
Which of the following should men avoid wearing in the workplace?
OA. Bow ties
OB. Jeans
C. Sweaters
OD. Sandals
Answer:
D. Sandals
Explanation:
Sandals aren't a preferred clothing item when going into a workplace, it's more informal than the other options provided.
A common bracket can be purchased in large quantities for $0.67. The company can make the bracket at a variable cost of $0.41 by buying a machine for $33,000. Demand over the next two years (the anticipated life of the product and machine) is estimated to be normally distributed with mean 100,000 units and a standard deviation of 10,000 units. Would you recommend making or buying this bracket?
Answer:
we recommnend to buy this bracket
Explanation:
The computation is shown below:
Given tyhat
Buying cost of the machine = $33,000 = x
x_1 = $0.67
And, x_2 = $0.41
Now the break even point is
X = x ÷ (x_1 - x_2)
= $33,000 ÷ ($0.67 - $0.41)
= 126,923 units
Therefore
Probability (Demand > Break even point)
= 1 - [tex]\phi[/tex] ($126,923 - 100,000) ÷ 10,000
= 1 - [tex]\phi[/tex] (2.69)
= 0.36%
where
[tex]\phi[/tex] = function of cumulative distribution of N (0,1)
Therefore the probability is that it makes economically the items would be lesser
Thus, we recommnend to buy this bracket
A well-defined road map to achieving a career goal is a/an:
Answer:
A career plan
Explanation:
A career plan is kinda like a road map for achieving your career goals!
Hope this helps and peace and love
2. A sample of 81 observations is taken from a normal population with a standard deviation of
5. The sample mean is 40. Determine the 95% confidence interval for the population mean.
If a sample of 81 observations are taken from a normal population. The sample mean is 40, and the sample standard deviation is 5. The 95% confidence interval for the population mean is: 38.911, 41.089.
Confidence intervalUsing this formula
Confidence interval=Sample means± (z-score× Standard deviation/√Sample size)
Let plug in the formula
The corresponding z-scores for 95% confidence interval is ± 1.96
Hence:
Confidence interval=40± (1,96×5÷√81)
Confidence interval=40± (1.96×5÷9)
Confidence interval=40± (1.96×0.5555)
Confidence interval=40± 1.089
Confidence interval=(40-1.089); (40+ 1.089)
Confidence interval=38.911, 41.089
Therefore If a sample of 81 observations are taken from a normal population. The sample mean is 40, and the sample standard deviation is 5. The 95% confidence interval for the population mean is: 38.911, 41.089.
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How would you handle the situation if you were Thomas Green? What strategies and methods would you use (Discuss in specific context of the Power and Conflict lecture)
Who is Thomas Green???
Amanda's utility function is given by the equation u=10x+27, where x is the only good she is interested in purchasing. Given this information, what would Amanda's utility level be if she consumed one unit of x?
Answer:
37
Explanation:
From the given information;
if the utility function is given by:
u = 10x + 27
where;
x = one unit ( i.e. the quantity of the good she is interested in buying)
Then,
u = 10 (1) + 27
u = 10 + 27
u = 37
Thus, Amanda utility level if she consumed one unit of x = 37
Benefits like improved water quality and air quality, increases in biodiversity and habitat protection, and reductions in greenhouse gases (GHG), are all inherent in a strategy that protects and preserves land
Explanation:
This statement is correct. In reference to organizations, we can say that environmental management is increasingly a requirement for stakeholders when relating to a company, so there is an exponential growth of companies that seek to adopt more sustainable parameters in their production processes in order to reduce their impacts by environment to thus demonstrate to consumers and investors a company image that is concerned with positively developing society.
So there are some barriers that make the adoption of environmental processes more difficult in organizations, such as the difficulty of measuring environmental impacts, since many factories pollute the air in their production processes, for example, which is a factor that is difficult to measure.
The companies' focus then is to significantly reduce these impacts, and not just quantify them, this can be done through environmental programs, such as the Environmental Management System and ISO 14000 standards, which standardize processes and provide policies and procedures for the organization to adapt and achieve continuous improvement in its processes that contribute to the improvement of the environment as a whole.
As a rule of thumb, how often should an entrepreneur reevaluate her compensation package?
Question 4 options:
Every month
Every 6 months
Every 12 months
Every 18 months
Answer:
12 months
Explanation:
The fiscal or financial period of a business lasts for 12 months or one year. It means that at the end of that 12 months, the business prepares its financial statement to determine its profitability. The business assesses its growth, success, and failure for the period.
After evaluating performance, planning for the next period of 12 months begins. The entrepreneur prepares a budget for the year, including their compensation. Compensation for the entrepreneur should be budgeted and reviewed every year together with the other budget items.
Answer:
Every 12 months is incorrect on the test
Explanation:
so Every 6 months should be the correct answer
Professionals with careers in the administrative support pathway typically have salaries which are _____ other careers.
Equal to
Lower than
Higher than
Professionals with careers in the administrative support pathway typically have salaries which are Higher than other careers.
The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.
This indicates that the position is highly sought after and that demand for it is steady because it is not reliant on a particular industry. A lot of administrative assistants enjoy successful, lengthy careers. Transferable administrative skills exist. You can use your abilities at any kind of business and in any industry, providing you a wider range of work opportunities.
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the answer is C, higher than
( A salesperson is trying to decide which element of the sales presentation mix to emphasize in a particular presentation . She wants to make sure her communication will resonate with the prospect What term describes the process this salesperson is going through ?
Answer:
she is trying to persuade the people to buy her products.
Explanation:
if you persuade the person the people
Factors affecting communication in a an organization
FACTORS AFFECTING COMMUNICATION
Status / Role.
Cultural differences .
Choice of communication channel .
Length of communication .
Use of language .
Individual Perceptions / Attitudes / Personal