Answer:
Standard= 30,000 units
Explanation:
First, we will determine the sales proportion for each product:
Standard= 60,000/100,000= 0.6
Supreme= 40,000/100,000= 0.4
Now, we calculate the break-even point in units for the whole company:
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Break-even point (units)= 1,500,000 / 30
Break-even point (units)= 50,000
Finally, the units to be sold for Standard:
Standard= 50,000*0.6
Standard= 30,000 units
Users of accounting information can be divided into two main groups.
O production managers and purchasing managers
O customers and regulators
O lenders and shareholders
O internal and external
Answer:
internal and external
Explanation:
internal to make business decisions
external is for investors and creditors
What does haircare look like in 2030?
Answer:
Explanation:
WHO KNOWS we prob well be all dead by then
This case discusses the case of India and the potential impact of the new government's reforms on the future of India. The case discusses some of the factors that have prevented India from growing faster while also emphasizing the need for reforms. Answer the following questions:
1. What are some of the factors that show that India has lots of promise to shine among the emerging market economies?
2. What are some of the factors that are preventing India from achieving its full potential?
3. Why was China able to achieve such economic growth more easily than India?
4. What are some of the tough reforms that India has to go through in order to succeed?
Some of the factors that show that India has lots of promise to shine among the emerging market economies are;
India's substantial manufacturing growth, business-friendly reforms, infrastructure development, and political stability make the country the most notable developing market for investors to invest in.What are some of the factors that are preventing India from achieving its full potential?India would not be able to grow its economy or develop sustainably until gender and economic disparity are reduced. According to a recent United Nations Development Fund assessment, India trails behind several of its South Asian neighbors on the human development index (HDI), mostly due to inequities.
Why was China able to achieve such economic growth more easily than India?While economic reforms may account for some of the differences, China outpaced India because:
(1) the economy was privatized sooner;
(2) prices were released sooner;
(3) the labor market underwent much deeper reforms; and
(4) the economy was opened up to international trade and foreign direct investment (FDI) sooner.
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Why would you want to limit your borrowing when making economic decisions ?
Answer:
so they can end up spending less on interest payments and credit card fees.
Explanation:
a single person making $240 weekly and claiming 1 allowance would have $13 withheld for income taxes.A married person making $240 weekly and claiming 1 allowance would have $3 withheld for income taxes.Do you think this is fair?Why or Why not?
The tables below show the spending and revenue for Littleland in 2010. Use these tables to answer the following questions.
Spending Category Value (in Millions)
Education $320M
Welfare and Social Security $890M
Healthcare $270M
Defense $120M
Payments on Debt $170M*
Other $240M
*This payment covers total interest owned only.
Revenue Category Value (in Millions)
Income Tax $800M
Sales Tax $270M
Corporate Tax $300M
Social Insurance $340M
GDP in 2010 $7.3 Billion
Total Debt as of 2009 $3.5 Billion
1) How much money (in millions) did Littleland need to borrow in 2010 to finance its government spending?
2) At the end of 2010, what was Littleland's debt to GDP ratio? Give your answer to the nearest whole percentage point.
Answer:
Explanation:
The total Expenditure is the summation of all the following parameters ( Spending on Education, Spending on Welfare and social security, Spending on Healthcare, Spending on Defense, Payments on Debt, Other Spending)
The total Expenditure = $(320+890+270+120+170+240) million
The total Expenditure = $2010 million
However;
The total Revenue = Income Tax+ Sales Tax+ Corporate Tax+ Social Insurance
The total Revenue = $(800+270+300+340) million
The total Revenue = $1710 million
The debt now will be the difference between the total expenditure and the total revenue.
Debt = $(2010-1710) million
Debt = $300 million
Therefore, Littleland needs to borrow $300 million
At the end of 2010, the total debt = Total debt of 2009 + amount borrowed in 2010
Total debt of 2009 = $ 3.5 billion
amount borrowed in 2010 = $0.3 billion
At the end of 2010, the total debt = $(3.5+0.3) billion
At the end of 2010, the total debt = $3.8 billion
Therefore; the Debt to GDP ratio in 2010 = 3.8/7.3 = 52.05%
The Debt to GDP ratio in 2010 = 52.05%
To the nearest whole percentage ≅ 52%
All of the following are examples of mixed economies EXCEPT
Multiple Choice
in socialist France, the French government owns the postal service industry.
in socialist Sweden, most businesses are owned and operated by private individuals.
in capitalist United States, an independent federal agency operates the postal service.
In once-communist Russia, private ownership of businesses has been implemented.
in communist China, state capitalism is used to advance the economy.
Answer:
in socialist France, the French government owns the postal service industry.
Explanation:
A mixed economy combines elements of a pure socialists (command) economy and a capitalist (free market )economy. A socialist economy is where the government controls all economic activities and decisions in a country. The private sector is absent in a socialist economy. A capitalist or free-market economy is one where the government does not interfere with a country's economic activities. The private sector does production and distribution in the economy.
A mixed economy will have traits of socialists and a capitalist economy. Both the government and private sector participates in economic activities.
You have typically set work standards that were aimed: At the same level as other employees. At achieving the highest quality possible. Above average as compared to other employees. At completing the largest quantity of work.
Answer:
You have typically set work standards that were aimed:
At achieving the highest quality possible.
Explanation:
A good work standard, which is usually a written description of how a process should be done, guides consistent execution of a work process. Current "best practice" is documented in the work standard, and this ensures complete implementation throughout the company. A work standard provides the baseline, below which work should never be performed or accepted. This implies that every good work standard aims at achieving the highest quality.
Discuss the tradeoffs between fiber-optic and satellite communication in terms of costs, signal capacity, signaling method, interference, likelihood of failure and repair issues, multipoint capability, reconfiguration capability and noise.
Answer:
Explanation:
I will split this answer into two options...
Fiber Optic communications work by sending data through beams of light through a series of fiber cables. This allows for data transfer at incredibly high speeds and with an almost non-existent probability of data loss. Since cables need to be connected from one end-point to another this form of communication becomes more expensive and the capability of reconfiguration becomes incredibly difficult. The likelihood of failure is also very low due to the nature of the technology.
Satellite communication sends data wirelessly by beaming the data to satellites and then back down to the destination. This allows for data to be transferred worldwide but runs into the risk of interference, data loss, signal loss etc. Costs are much cheaper than Fiber Optics due to the lack of wiring. Multipoint capabilities are high since endpoints can be placed anywhere with a clear line of sight to the sky, which also means that reconfiguration capabilities are high as well.
Southern Home Cooking just paid its annual dividend of $0.74 a share. The stock has a market price of $14 per share and a beta of 1.16. The return on U.S. Treasury bills is 2.5 percent and the market risk premium is 6.8 percent. What is the firm’s cost of equity?
Answer:
10.39%
Explanation:
Calculation for What is the firm’s cost of equity
Using this formula
Cost of equity=Treasury bills+(Beta*Market risk premium)
Let plug in the formula
Cost of equity=0.025 + (1.16 x 0.068)
Cost of equity=0.025 + 0.0789
Cost of equity=0.1039*100
Cost of equity=10.39%
Therefore the firm’s cost of equity will be 10.39%
It's important to learn about customs and other aspects of different cultures, but it is not culturally competent to do what with that information?
Question 4 options:
ask thoughtful questions about another culture
adapt your communication style to another person's culture
respect those aspects of another person's culture
apply those aspects to everyone in a culture
Question 5 (1 point)
It's important to learn about customs and other aspects of different cultures, but it is not culturally competent to apply those aspects to everyone in a culture. Thus the correct option is D.
What is Culture?Culture represents the customs, beliefs, traditions, rituals, moral values, and religions of an individual or community bought from their ancestors aimed to preserve their existence for future generations.
When an individual learns about another culture and gains information is important with the objective of knowledge sharing but it is not culturally competent to apply those aspects to everyone in culture as everyone is free to choose their cultural values.
This will be a sounding force by applying the new cultural elements to everyone.
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List four issues you may have as a parent deciding succession plans for a family owned business of which you are in control. Include an idea on how you would address or attempt to resolve each issues.
Answer:
1. family fights, 2. kids not wanting to work at the family business, 3. lack of training, 4. pressure to hire family members, 1. hire other people that arent in the family, 2. convinve them to work there, 3. hire well trained people to train family, 4 hire them and see is they are good for the job or not and have themmstart at a easy position
Explanation:
A positive consequence of organizational distress may take the form of: a. functional turnover. b. absenteeism. c. employee work stoppage. d. performance increments.
Answer:
a. functional turnover
Explanation:
Organizational distress is arise when the anxiety level of the management is too high to adapt for modify
Now the positive result for the organziational distress would take a form of functional turnover as the turnover of the company depend upon the different kinds of functions
Hence, the correct option is a.
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. The seller announced that the highest bid in excess of $9,700 will be accepted. Assume that the competitor's bid is a random variable that is uniformly distributed between $9,700 and $14,700.
Supposing we bid $12,000 and $14,000 on the piece of land, the probability that the bid will be accepted is 0.46 and 0.86 respectively.
What is a probability?As a branch of mathematics, a probability is mostly concerned with the analysis of random phenomena, that is, it is based of the idea that the outcome of a random event cannot be determined before it occurs but it may be any one of several possible outcomes.
Given data
Highest bid in excess of $9,700 will be accepted.
Competitor's bid between $9,700 and $14,700.
Probability that your bid will be accepted:
= (12000 - 9700) / (14700 - 9700)
= 0.46
Probability that your bid will be rejected
= (14000 - 9700)/(14700 - 9700)
= 0.86
Missing words "Suppose you bid $12,000. What is the probability that your bid will be accepted and Suppose you bid $14,000. What is the probability that your bid will be accepted"
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Match each cost with the investment type to which it relates. investment advisory fees administrative costs commissions hourly fees
Answer:
Stocks and bonds: commissions and hourly fees
Mutual funds: administrative costs and investment advisory fees
Explanation:
Stocks and bonds: commissions and hourly fees.
Mutual funds: administrative costs and investment advisory fees.
What are Mutual funds?In order to engage in securities such as stocks, bonds, money market instruments, and other assets, mutual funds pool the funds from shareholders.
Professional money administrators run mutual funds, allocating the assets and attempting to generate capital gains or income for the fund's investors.
The portfolio of a mutual fund is set up and kept up to date in accordance with the specified investment goals in the prospectus.
Small or individual investors have access to expertly managed portfolios of stocks, bonds, and other securities through mutual funds. As a result, each shareholder shares proportionately in the fund's profits or loses.
The performance of mutual funds, which invest in a huge variety of securities, is typically measured by changes in the fund's overall market capitalization.
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What are the arithmetic and geometric average returns for a stock with annual returns of:__________.
a) 4%,
b) 9%,
c) -6%,
d) 18%
Answer:
Arithmetic average return = 6.25%
Geometric average return = 5.89%
Explanation:
Annual returns of 4%, 9%, -6% and 18%
Arithmetic average return of the stock = ∑ 4%,9%,-6%,and 18% / n
= 25%/4
= 6.25%
Geometric average return formula = x1,*x2*x3 .....^1/n - 1
Geometric average return = 1.04*1.09*(1-0.06)*1.18^1/4 -1
Geometric average return = 1.04*1.09*0.94*1.18^1/4 - 1
Geometric average return = 1.25789^1/4-1
Geometric average return = 1.0589 - 1
Geometric average return = 0.0589
Geometric average return = 5.89%
Money Bank has $500 million dollars in deposits and has 12 percent reserve ratio, how much can Money Bank lend
Answer:
Money Bank can lend up to $4,167 million.
Explanation:
a) Data and Calculations:
Total deposits = $500 million
Reserve ratio = 12%
Money created by Money Bank = $500/12% = $4,166,666,667
b) The total amount of money which Money Bank can create and lend is dependent on its customers' deposits and the reserve ratio. This amount can be calculated by dividing the total deposits by the reserve ratio. This implies that the less the reserve ratio, the more money Money Bank can create and lend out to customers.
For the period from 2019 to 2020, a company reports the following: Percentage change in sales 30% increase Percentage change in cost of goods sold 20% increase Percentage change in gross profit 25% increase If sales are $5,000,000 in 2019, what are sales in 2020?
Answer:
If sales are $5,000,000 in 2019, the sales in 2020 will be
$6,500,000
Explanation:
a) Data and Calculations:
2019 2020 Change
Percentage change in sales 100% 130% 30% increase
Percentage change in cost of
goods sold 100% 120% 20% increase
Percentage change in
gross profit 100% 125% 25% increase
Sales are in 2019 = $5,000,000 $6,500,000 ($5 million * 130/100)
Alternatively, the 30% increase can be computed, to get $1,500,000 ($5,000,000 * 30%). This change in sales is then added to the 2019 sales figure to get $6,500,000, which is the sales in 2020.
____ anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve some important goals.
A. Functional.
B. Organizational.
C. Survival.
D. Learning.
Answer:
C. Survival.
Explanation:
Given that Survival in terms of the business firm means that a firm in business survival level often results to reducing the cost of operation as much as possible, including reducing workers, keeping more cash, rather than working towards the growth of the business firm, and many more so as not to enter into insolvency.
Hence, SURVIVAL anxiety is the feeling that unless an organization makes a change, it is going to be out of business or fail to achieve some important goals.
Maytag Company earns $4.80 per share. Today the stock is trading at $59.25. The company pays an annual dividend of $1.40. a. Calculate the price-earnings ratio
Answer:
A. Price-earnings ratio= 12.34
B. Yield on the stock = 2.36%
Explanation:
A. Calculation for the price-earnings ratio using this formula
Price-earnings ratio=Market Price Per Share / Earnings Per share
Let plug in the formula
Price-earnings ratio=59.25 / 4.80
Price-earnings ratio= 12.34
B. Calculation for the yield on the stock using this formula
Yield on the stock=Annual dividends per share / market price per share
Let plug in the formula
Yield on the stock=1.40 / 59.25
Yield on the stock = 2.36%
Therefore the Price-earnings ratio is 12.34 while the Yield on the stock is 2.36%
Exclusive distributorships are: a. covered under the Robinson-Patman Act. b. illegal per se. c. questioned when there is no interbrand competition. d. all of the above
Answer:
The correct option is c. EXCLUSIVE DISTRIBUTORSHIPS are questioned when there is no interbrand competition
Explanation:
The process in which a manufacturer of a goods or product decide and as well authorize that their would be only one distributor who will be the seller of their products or goods in a territory, a region or a Market is what is called EXCLUSIVE DISTRIBUTORSHIPS reason been that the manufacturer of such product want to know how good their products is in the territory and to get feedback from the customer about their products in order to take important action in a situation where their is lapses about their products.
Secondly in a situation where their is no INTERBRAND COMPETITION the EXCLUSIVE DISTRIBUTORSHIPS are been questioned reason been that INTERBRAND COMPETITION
occur when a manufacturer or producer of a products differentiate their products from other products that is sold in the same market where their products is been sold example of INTERBRAND COMPETITION is Mirinda drink versus Fanta
Therefore EXCLUSIVE DISTRIBUTORSHIPS are questioned when there is no interbrand competition.
6. Consider an economy described by the following equations:
Y = C + I + G
Y = 5,000 G = 1,000 T = 1,000
C = 250 + 0.75(Y − T) I = 1,000 − 50 r.
a. In this economy, compute private saving, public saving, and national saving.
b. Find the equilibrium interest rate.
c. Now suppose that G rises to 1,250. Compute private saving, public saving, and national saving.
d. Find the new equilibrium interest rate.
Answer:
(a) Private saving = Y-T-C
Private saving = 5000-1000-250-0.75(5000-1000)
Private saving = 750
Public saving = T - G
Public saving = 1000-1000
Public saving = 0
National saving = S = private saving+ public saving
National saving = 750
(B) Equilibrium interest rate = S + I
750 = 1000 - 50r
-50r = 750 - 1000
-50r = -250
50r = 250
r = 250/50
r = 5%
(c) Private saving is unchanged
Public saving = 1000 - 1250
Public saving = - 250
(d) The new equilibrium interest rate
750 (-250) = 1000-50r
500 = 1000 - 50r
- 50r = 500 - 1000
- 50r = -500
-50r = 500
r = 500/50
r = 10%
A measure of the outcome of a decision such as profit, cost, or time is known as a _____. a. forecasting index b. payoff c. branch d. regret
Answer:
b. payoff
Explanation:
In the context of business, this measurement is known as a payoff. In other words, it refers to whatever is obtained as a final result from a specific outcome generated after making specific decisions. Every business decisions revolve around what the potential payoffs will be in order to decide whether or not they will be worth making and if the benefits outweigh the negative aspects.
Employment testing Group of answer choices should be directly related to the job. was declared illegal by the EEOC in 1989, because it was often used to discriminate against women and minorities. is legal, but is a very poor predictor of worker performance. should focus on the most basic and general skills rather than on skills directly related to the job.
Answer:
Employment Testing:
is legal, but is a very poor predictor of worker performance.
Explanation:
Employment testing is legal. However, it should be professionally developed and administered according to the employer's intended purpose. That purpose must be to enable the employer hire employees that fit the profile of the organization. It is also used to predict a new employee's job performance and retainability. But, it has been discovered that employment testing does not accurately predict the worker's future performance.
Which one of the following represents the two views of managerial impact on the
success or failure of the organization?
O Reflective and interactive
O Symbolic and interactive
O Omnipotent and symbolic
O Omnipotent and reflective
Answer:
C
Explanation:
The current market value of the assets of ABCD is $86.28 million. The call option value on the firm's assets is $53.09 million. What is the market value of the firm's debt
Answer: $33.19 million
Explanation:
From the question, we are informed that the current market value of the assets of ABCD is $86.28 million and that the call option value on the firm's assets is $53.09 million.
The market value of the firm's debt will be the difference between the market value of assets and the call option value of the firm's assets. This will be:
= $86.28m - $53.09m
= $33.19 million
If Bundle of Goods A contains two pizzas and three sodas, and Bundle B contains three pizzas and three sodas, then Patrick will select Bundle B based on the principle of __________.
Answer:
utility satisfaction
Explanation:
In simple words, the principle of utility satisfaction states that each and every customer have their own preferences and choice thus their utility satisfaction constraints are different.
In the given case, if the volume of the product is same in both the bundles then the nature of the product that provides more utility to the customer will be chosen by him or her.
Oriole Company issues $270,000, 20-year, 10% bonds at 102. Prepare the journal entry to record the sale of these bonds on June 1, 2022.
(Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation Debit Credit
Cash
Bonds Payable 270,000
Premium on Bonds Payable
Answer:
Explanation:
Date Account titles and Explanation Debit Credit
Jun 01 Cash (270,000*102%) $275,400
Bonds payable $270,000
Premium on Bonds Payable $5,400
(to record the sale of these bonds)
PlZ HELP!!!
Gabbie needs to directly connect with her customers in order to educate them about the advantages of using her products. Face-to-face interaction with the customers isn’t possible. What is the next best medium?
A.
multilevel marketing
B.
telemarketing
C.
e-commerce
D.
direct sales
E.
franchising
Answer:
B. telemarketing
Explanation:
In the telemarketing, the company or an individual is directly in contact with its customer with respect to the product over the phone call so that they could aware of the product
In this, the face to face interaction is not done
Therefore as per the given situation, the option B is correct as in this met the criteria.
Answer:
b) telemarketing
Explanation:
The 2013 Rana Plaza factory collapse, which killed 1,100 mostly female workers, is a reminder that, globally, many people work in _________
Explanation:
Rana plaza is place in Bangladesh which which housed five garment factories, killed at least 1,132 people and injured more than 2,500. Sohel rana the owner of the plaza got jailed because of corruption in building construction.The incident reveals that the many people work in garment factory in Bangladesh.