The second group of students attribute the decrease in the price of cheeseburgers to the increase in the price of french fries. The supply curve will shift to the right while the demand curve will shift to the left.
More cheeseburgers are produced at every price point as beef prices fall, therefore the supply curve moves to the right. Be aware that this model predicts that as the price falls, the quantity demanded rises. Rather than a change in demand itself, this is demonstrated by a movement along the demand curve.
Given that they are frequently consumed together, it is logical to assume that cheeseburgers and french fries go well together. People give up some of their cheeseburger consumption when the price of french fries rises.
The demand for cheeseburgers declines as a result. The quantity supplied reduces as a result of the equilibrium price of cheeseburgers falling. The supply curve's movement serves as an illustration of this.
The market demand change for cheeseburgers must have been greater than the market supply shift if the equilibrium number of cheeseburgers decreases.
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Correct question:
The market price of cheeseburgers in a college town decreased recently, and the students in an economics class are debating the cause of the price decrease. Some students suggest that the price decreased because the price of beef, an important ingredient for making cheeseburgers, has decreased. Other students attribute the decrease in the price of cheeseburgers to a recent increase in the price of french fries. Everyone agrees that the increase in the price of french fries was caused by a recent increase in the price of potatoes, which are not generally used in making cheeseburgers.
The first group of students think the decrease in the price of cheeseburgers is due to the fact that the price of beef, an important ingredient for making cheeseburgers, has decreased.
On the following graph, adjust the supply and demand curves to illustrate the first group's explanation for the decrease in the price of cheeseburgers.
The second group of students attribute the decrease in the price of cheeseburgers to the increase in the price of french fries.
On the following graph, adjust the supply and demand curves to illustrate the second group's explanation for the decrease in the price of cheeseburgers.
Suppose that both of the causes suggested by the students are partly responsible for the decrease in the price of cheeseburgers. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes is the dominant cause of the decrease in the price of cheeseburgers?
mallory has been working overtime for months and longs to take a vacation where she can just sit on the beach. which transformational motive is she influenced by?
The transformational motive that Mallory is influenced by is sensory gratification because she longs to relax on the beach and satisfy her senses through a pleasurable experience. Thus, A is the correct answer.
Sensory gratification is a transformational motive that involves seeking pleasure and satisfaction through sensory experiences such as relaxation, entertainment, and pleasure-seeking activities. In this case, Mallory's desire to take a vacation and sit on the beach is a way to satisfy her sensory needs and experience pleasure through the sights, sounds, and sensations of the beach environment.
By engaging in activities that provide sensory gratification, individuals can reduce stress, improve well-being, and enhance their overall quality of life.
This question should be provided as:
Mallory has been working overtime for months and longs to take a vacation where she can just sit on the beach. Which transformational motive is she influenced by? Multiple Choice:
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activity ratios measure an organization's ability to meet its current debt obligations. group of answer choices true false
True. Activity ratios measure an organization's ability to convert its current assets into cash to pay off its current liabilities. This helps investors, creditors, and other stakeholders assess the financial health of a company.
Organizational ability are skills that allow you to use your resources efficiently and effectively. Being organized means you manage your time, energy and workspace well and can accomplish all your assigned tasks successfully.
financial health is essentially an evaluation of your ability to handle your financial needs and wants. Three key steps to good financial health are being aware of your overall financial condition, creating and managing your money with a budget, and making a financial plan that includes regular investing.
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poehling medical center has a single operating room that is used by local physicians to perform surgical procedures. the cost of using the operating room is accumulated by each patient procedure and includes the direct materials costs (drugs and medical devices), physician surgical time, and operating room overhead. on january 1 of the current year, the annual operating room overhead is estimated to be: disposable supplies $237,600 depreciation expense 59,500 utilities 25,400 nurse salaries 220,900 technician wages 100,600 total operating room overhead $644,000 the overhead costs will be assigned to procedures, based on the number of surgical room hours. poehling medical center expects to use the operating room an average of eight hours per day, seven days per week. in addition, the operating room will be shut down two weeks per year for general repairs. this information has been collected in the microsoft excel online file. open the spreadsheet, perform the required analysis, and input your answers in the questions below. open spreadsheet determine the predetermined operating room overhead rate for the year. round your answer to the nearest dollar. $fill in the blank 2 per hour bill harris had a five-hour procedure on january 22. how much operating room overhead would be charged to his procedure, using the rate determined in part (a)? round your answer to the nearest dollar. $fill in the blank 3 during january, the operating room was used 220 hours. the actual overhead costs incurred for january were $48,900. determine the overapplied operating overhead or underapplied operating overhead for the period. enter your answer as a positive number. round your answer to the nearest dollar. $fill in the blank 4
Rounded to the nearest dollar, the underapplied operating overhead for the period is $41,860.
(a) The predetermined operating room overhead rate for the year is calculated as follows:
Total operating room overhead / Expected annual operating room hours
= $644,000 / [(365 days - 2 weeks) x 8 hours per day x 7 days per week]
= $644,000 / (365 - 14) x 8 x 7
= $644,000 / 20,216
= $31.84 per hour
Rounded to the nearest dollar, the predetermined operating room overhead rate for the year is $32 per hour.
(b) The operating room overhead charged to Bill Harris's procedure is:
Operating room overhead rate x Hours of procedure
= $32 per hour x 5 hours
= $160
Rounded to the nearest dollar, the operating room overhead charged to Bill Harris's procedure is $160.
(c) The actual overhead costs incurred for January were $48,900, while the overhead that should have been charged based on actual usage was:
Operating room overhead rate x Actual hours of usage
= $32 per hour x 220 hours
= $7,040
The difference between actual overhead costs and overhead charged based on actual usage is:
Actual overhead costs - Overhead charged based on actual usage
= $48,900 - $7,040
= $41,860
Since actual overhead costs are greater than overhead charged based on actual usage, there is an underapplied operating overhead of $41,860 for the period.
Rounded to the nearest dollar, the underapplied operating overhead for the period is $41,860.
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which payment(s) is (are) included in a recipient's gross income? payment to a graduate assistant for a part-time teaching assignment at a university. teaching is not a requirement toward obtaining the degree. a grant to a ph.d. candidate for his participation in a university-sponsored research project for the benefit of the university.
In general, payments that an individual receives as compensation for services performed are included in their gross income and are subject to taxation. Therefore, both the payment to the graduate assistant and the grant to the Ph.D. candidate would likely be included in their gross income.
In this case option A is correct.
Particularly, because it is remuneration for services provided, the payment made to the graduate assistant for a part-time teaching position at a university would be regarded as taxable income. For tax purposes, it is irrelevant that teaching is not a prerequisite for receiving the degree.
The Ph.D. candidate's grant for taking part in a university-sponsored research study would likewise be regarded as taxable income since it is payment for services provided. For tax purposes, it is irrelevant that the research initiative will benefit the university.
It's crucial to remember that, depending on the individual's unique circumstances and the type of the payment, there might be some exceptions or exclusions that apply to these payments.
In this case option A is correct.
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how did or would the following affect the current public debt and implicit liabilities of the u.s. government? a. in 2003, congress passed and president george w. bush signed the medicare modernization act, which provides seniors and individuals with disabilities with a prescription drug benefit. some of the benefits under this law took effect immediately, but other benefits will not begin until sometime in the future. the result is that both the current public debt and the implicit liabilities . b. the age at which retired persons can receive full social security benefits is raised to age 70 for future retirees. the current public debt will due to this and implicit liabilities will . c. social security benefits for future retirees are limited to those with low incomes. the current public debt will due to this and implicit liabilities will . d. because the cost of health care is increasing faster than the overall inflation rate, annual increases in social security benefits are increased by the annual increase in health care costs rather than the overall inflation rate. both implicit liabilities and current public debt will due to this change. e. the affordable care act (aca), which went into effect in 2014, created incentives for hospitals to find ways to save the government money. both implicit liabilities and current public debt due to the aca.
A. In 2003, Congress passed and President George W. Bush signed the Medicare Modernization Act, which provides seniors and individuals with disabilities with a prescription drug benefit.
Some of the benefits under this law took effect immediately, but other benefits will not begin until sometime in the future. The result is that both the current public debt and the implicit liabilities will increase due to the extra costs associated with providing these benefits.
B. The age at which retired persons can receive full social security benefits is raised to AGE 70 FOR FUTURE retirees. This will result in reduced implicit liabilities and current public debt as there will be a delayed payout of the social security benefits.
C. Social security benefits for future retirees are limited to those with low incomes. This will reduce both the implicit liabilities and current public debt as the number of people eligible to receive benefits will be reduced.
D. Because the cost of health care is increasing faster than the overall inflation rate, annual increases in social security benefits are increased by the annual increase in health care costs rather than the overall inflation rate.
This will increase both implicit liabilities and current public debt due to the higher costs associated with providing these benefits.
E. The Affordable Care Act (ACA), which went into effect in 2014, created incentives for hospitals to find ways to save the government money. This will reduce both implicit liabilities and current public debt due to the cost savings associated with the ACA.
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now that you have a better understanding of some of the pricing strategies used for the carry tu product line, let's review other strategies that might not be applicable to designer bags but would definitely come into play with other products or commodities. in the production of its bags, carry tu purchases handles, straps, fabric, zippers, and other components. many of these components are sourced internationally, and each vendor has its own pricing strategies.
Businesses can employ a number of pricing techniques. Senior executives must first understand their company's price position, pricing segment, pricing capabilities, and competitor pricing reaction plan in order to select the most successful pricing strategy.
The pricing strategies of Carry Tu Purchases are discussed below:
FOB - origin pricing: Carry Tu purchases zippers from an Indian source for its overnight and laptop backpacks. Carry Tu is in control of all freight costs.
Zone pricing: Carry Tu purchases padded straps from a supplier in South Carolina for its overnight bag. If the handles are transported to Carry Tu's Missouri facility, the supplier charges a higher shipping rate than if the straps are shipped to the North Carolina factory of Carry Tu.
Pricing starting point: A Bangladeshi supplier provides Carry Tu with sturdy bottom components for its overnight bags. No matter where the Carry Tu manufacturers are located, the supplier charges the same price plus freight.
Pricing for goods absorption: Carry Tu purchases eco-friendly fabric from a vendor outside of San Luis Obispo, California. The supplier pays all freight charges.
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a type of situation that will result in changes in supply is? a change in input combinations used to produce output by existing suppliers an increase in the capital stock of existing suppliers entry into the market by new suppliers
A type of situation that will result in changes in supply is an increase in the capital stock of existing suppliers, entry into the market by new suppliers, or a change in input combinations used to produce output by existing suppliers.
Demand and supply are the most basic concepts in economics. The theory of demand and supply explains the relationship of buying and selling transactions in the market between prospective buyers and sellers of an item.
Demand is the number of items purchased or requested at a certain price and time. While the offer is a number of goods sold or offered at a certain price and time. While the Supply are sellers or producers.
Demand and supply is happening because there are several factors that influence it. These factors range from the price of goods, consumer tastes, to production factors.
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which of the following remedies is not available for patent infringement? group of answer choices attorney fees in some but not all cases an accounting for profits treble damages when appropriate injunctive relief
The remedy for patent infringement that is not available is attorney fees in some but not all cases.
Attorney fees are normally a part of the damages awarded to a successful patent plaintiff; however, under 35 U.S.C. 285, attorney fees are not available in every case of patent infringement. According to this statute, attorney fees are only available when a defendant acts in bad faith or engages in "willful infringement."
The other remedies for patent infringement are an accounting for profits, treble damages when appropriate, and injunctive relief. An accounting for profits requires the defendant to pay the patent holder all profits the defendant gained from infringing the patent.
Treble damages, when appropriate, require the defendant to pay three times the actual damages suffered by the patent holder. Injunctive relief requires the defendant to cease infringing the patent.
In conclusion, attorney fees are not available in every case of patent infringement. The other remedies available are an accounting for profits, treble damages when appropriate, and injunctive relief.
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when response optons to closed-ended questions asked in an interview are lengthy or complex what might the interviewer use?
When response options to closed-ended questions asked in an interview are lengthy or complex, the interviewer might use a multiple-choice format or drop-down menus. Closed-ended questions are questions that require a yes or no answer or ask about a specific piece of information, making them quick and easy to answer.
The disadvantage of these questions is that they restrict the interviewee's response to predetermined options, reducing the amount of data that can be gathered. Closed-ended questions, also known as direct questions, are questions that require a specific answer. These questions have a restricted number of options and are phrased in such a way that the respondent can only pick one of them.
Closed-ended questions do not allow for an extended answer and are commonly used in surveys, questionnaires, and interviews. Open-ended questions are phrased in such a way that the respondent can respond with more than a yes or no answer. These questions encourage interviewees to give more information than closed-ended questions.
Open-ended questions provide a better understanding of the interviewee's point of view and allow them to express their thoughts and feelings. Follow-up open-ended questions may be used to manage lengthy or complicated responses to closed-ended questions asked in an interview.
These questions are designed to elicit more detail and encourage interviewees to expand on their response. Follow-up open-ended questions enable the interviewer to collect more information while still keeping the interview on track.
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you have an investment opportunity that will cost you $10,000 today, but return $12,500 to you in one year. the irr of this investment opportunity is closest to:
The IRR of the investment opportunity is approximately 25%. Thus, D is the correct answer.
The investment opportunity represents the discount rate at which the present value of the expected cash flows equals the initial investment of $10,000, resulting in a net gain of $2,500 after one year.
The Internal Rate of Return (IRR) is a metric used to evaluate the profitability of an investment by determining the discount rate that equates the present value of the expected cash flows to the initial investment. In this case, the investment opportunity costs $10,000 today and will return $12,500 in one year, resulting in a net gain of $2,500.
To find the IRR, we need to calculate the discount rate that makes the present value of the expected cash flows equal to the initial investment. Using a financial calculator or spreadsheet, we find that the IRR is approximately 25%. This means that the investment opportunity has an expected rate of return of 25%, which is higher than the cost of capital and is considered a good investment.
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when marketers combine segmentation methods, which approaches do they typically use to design a product or service? (choose every correct answer.) multiple select question.
Marketers typically combine segmentation methods such as demographic, psychographic, geographic, and behavioural segmentation when designing a product or service.
Demographic segmentation divides the market based on characteristics like age, gender, income, occupation, and education.Psychographic segmentation divides the market based on lifestyles, values, interests, and opinions.Geographic segmentation divides the market based on geographic location, such as country, state, city, or neighbourhood.Behavioural segmentation divides the market based on consumer behaviour, such as brand loyalty, product usage, and buying patterns.TO KNOW ABOUT psychographic:
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ranger company has assets of $5,000,000, liabilities of $3,000,000, and retained earnings of $1,200,000. how much is total equity?
The total equity of Ranger Company is equal to $5,000,000. To calculate the total equity, you must subtract the liabilities of $3,000,000 from the assets of $5,000,000. Therefore, the total equity of Ranger Company is $2,000,000.
To calculate the total equity, you must first identify the total assets and total liabilities of the company. The total assets of Ranger Company are equal to $5,000,000, which includes both current and long-term assets. The total liabilities of the company are equal to $3,000,000. This amount includes both current and long-term liabilities.
The retained earnings of the company are then calculated by subtracting the liabilities from the assets. The retained earnings of Ranger Company are equal to $1,200,000. The retained earnings represent the profits of the company which are not distributed as dividends to shareholders.
The total equity of Ranger Company is then calculated by adding the retained earnings of $1,200,000 to the total assets of $5,000,000. This results in the total equity of the company being equal to $6,200,000.
In conclusion, the total equity of Ranger Company is equal to $6,200,000. This is calculated by subtracting the total liabilities of $3,000,000 from the total assets of $5,000,000, and then adding the retained earnings of $1,200,000.
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Discuss how one can use his innovating skills to become a successfully intrepreneur
Innovative skills are essential for entrepreneurs, especially those who want to become successful entrepreneurs.
Following are the 5 ways that can be used related to innovative skills to become a successful entrepreneur.
1. Study the market:
Studying the market, understanding need of the customers and analyzing the competition is the first step. It allows identifying the problems to be solved and propose innovative solutions that will give a competitive advantage.
2. Use of innovative skills:
Innovative skills used in developing unique product or service and solve a problem in the market. Focus on developing innovative solutions that meets their needs of the target customers.
3. Build a network:
Building a network of people which could count on for advice, resources, and support to continue growing your business, that network can involve mentors, employees, investors and potential customers.
4. Develop a Business Plan:
Develop a complete business plan that outlines the scope of your business, the resources need, the products or the services offered, target market, and financial projections.
5. Invest in Marketing:
Investing in marketing will help in spreading the word about business and build a strong brand. Use of digital marketing to reach potential customers, building relationships among them, and convert them into paying customers or repeated customer.
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The degree to which an increase in benefit costs is passed along to employees in the form of lower cash wages generally depends on the following factors?
a) The cash value employees place on the benefits
b) The degree to which employers will increase or decrease their hiring when the market compensation level decreases or increase.
c) Whether the benefit cost increases for all employers in a market or for a particular employer
d) All of the above
The correct answer is option d.
All of the above factors can influence the degree to which an increase in benefit costs is passed along to employees in the form of lower cash wages.
a) The cash value employees place on the benefits: If employees highly value the benefits provided, they may be willing to accept a reduction in cash wages in exchange for the benefits.
b) The degree to which employers will increase or decrease their hiring when the market compensation level decreases or increases: If employers face a tight labor market and have difficulty attracting and retaining employees, they may be more likely to absorb the cost of increased benefits and maintain cash wages at the same level in order to remain competitive.
c) Whether the benefit cost increases for all employers in a market or for a particular employer: If the increase in benefit costs is specific to a particular employer, that employer may be more likely to pass on the cost to employees in the form of lower cash wages. However, if the increase in benefit costs is general across a market, employers may be less likely to pass on the cost to employees because they are all facing the same cost pressures.
Therefore the answer is d) All of the above.
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an alternating period of economic contraction and economic expansion measured over time with real gdp is known as the: answer unselected great depression. unselected business cycle. unselected circular flow model.
The alternating period of economic contraction and economic expansion measured over time with real GDP is known as the business cycle.
The business cycle is a pattern of alternating economic expansion and contraction. During periods of economic expansion, the economy experiences increased consumer spending, increased production and increased investments. During periods of contraction, consumer spending, production and investments decrease.
The business cycle is measured by Real Gross Domestic Product (GDP). Real GDP takes into account the effects of inflation, so it can measure the actual growth of the economy. When Real GDP increases over a period of time, it indicates economic expansion, and when Real GDP decreases over a period of time, it indicates economic contraction.
The business cycle is not the same as the Great Depression. The Great Depression was a period of prolonged economic contraction that began in 1929 and lasted until the end of the 1930s. It was caused by a combination of factors such as a stock market crash, a banking crisis, over-production of goods, drought and high levels of consumer debt.
Therefore, the correct answer would be business cycle.
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When conducting a swot analysis of an organization which question can help management brainstorm for the strength section of the analysis
When conducting a SWOT analysis, management should consider the following questions when thinking about the strengths section.
What are the unique selling points of the organization?What core competencies or skills does the organization possess?What is the organization's reputation within the industry and among customers?What is the organization's advantage over competitors?What are the main assets of the organization, including people, intellectual property, and technology? What is the financial stability of the organization, including profitability and cash flow?What is the organization's market share and customer base?What is the level of brand awareness and customer loyalty?How strong are the organization's relationships with suppliers and other stakeholders?What is the level of innovation within the organization and its ability to adapt to changing market conditions?
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firms often consolidate industries through horizontal mergers and acquisitions to multiple choice increase their market power. motivate managers. solve principal-agent problems. lower their stock prices.
Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.
Horizontal mergers and acquisitions allow firms to consolidate industries by combining two or more competing businesses into one. Horizontal merger occurs when two or more companies or industries merge together to form one.
This helps them increase their market power, as they have control over a larger portion of the market and can use this to their advantage. Additionally, horizontal mergers and acquisitions can motivate managers by offering new opportunities and incentives.
Finally, they can help solve principal-agent problems, which occur when the objectives of the principal and the agent do not align. They do not typically lower their stock prices.
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rick is the marketing head of a firm. he usually strives for long-term improvement rather than short-term profit, regardless of the economic environment. in the context of deming's 14 points of quality, this is an example of
This is an example of Deming's 14th Point of Quality, which states: "Institute a vigorous program of education and self-improvement for everyone." Rick's long-term focus is an example of how to adhere to this point.
Rick's approach of striving for long-term improvement rather than short-term profit aligns with Deming's 14 points of quality, specifically the 7th point which focuses on "constancy of purpose for improvement of product and service." Deming emphasized the importance of having a long-term view and commitment to continuous improvement, rather than simply focusing on short-term gains.
By focusing on long-term improvement, Rick is following the principles of quality management that emphasize the importance of continuous improvement to ensure customer satisfaction and business success over time.
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assume the same facts, except that the $8,400 is for 24 months' rent ending march 31, 2023. how much is shanna's deduction for rent expense in 2021?
Shanna's deduction for rent expense in 2021 is $3,500.
This is calculated by taking the total rent expense of $8,400 divided by 24 months.
Then multiplied by 12 months of 2021, which equals $3,500.
For 2021, Shanna will be able to deduct $3,500 in rent expense.
This calculation is based on the assumption that the total rent expense of $8,400 is for 24 months ending on March 31, 2023.
The deduction is applicable only for the rent expense in 2021 and not for any other years.
Therefore, the deduction for the rent expense for 2021 is $3,500.
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last year minden company introduced a new product and sold 25,900 units of it at a price of $96 per unit. the product's variable expenses are $66 per unit and its fixed expenses are $837,300 per year. required: 1. what was this product's net operating income (loss) last year? 2. what is the product's break-even point in unit sales and dollar sales? 3. assume the company has conducted a marketing study that estimates it can increase annual sales of this product by 5,000 units for each $2 reduction in its selling price. if the company will only consider price reductions in increments of $2 (e.g., $68, $66, etc.), what is the maximum annual profit that it can earn on this product? what sales volume and selling price per unit generate the maximum profit? 4. what would be the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3?
The Minden Company's net operating income on the new product, product's break-even point, maximum annual profit, the break-even point in unit sales=$1,369,424.
The Minden Company's net operating income on the new product, product's break-even point, maximum annual profit, the break-even point in unit sales and in dollar sales using the selling price that you determined in requirement 3 are:
1. Last year, Minden Company's net operating income on the new product was $1,017,500.
calculated as follows: 25,900 units x ($96 - $66) - $837,300 = $1,017,500.
2. The product's break-even point in unit sales is 13,865.
calculated as follows: $837,300/($96 - $66) = 13,865, and the product's break-even point in dollar sales is $837,300.
3. The maximum annual profit that Minden Company can earn on this product is $1,390,300, which can be achieved with a selling price of $68 per unit and a total sales volume of 35,900 units
calculated as follows: 35,900 units x ($68 - $66) - $837,300 = $1,390,300.
4. The break-even point in unit sales at the selling price of $68 per unit is 20,118
calculated as follows: $837,300/($68 - $66) = 20,118, and the break-even point in dollar sales is $1,369,424.
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) how much (in dollar value) does it cost at least if we want to reduce the duration of the project by 1 days? (5 points)
Reducing the project duration by one day will mean the completion of the project within 44 days. Suppose the project costs $5,000 a day, which means reducing the project duration by one day will cost $5,000, the minimum cost would depend on the critical path and project schedule.
What is Project Management? Project management is a process of planning, organizing, and controlling the resources required to complete the project effectively and efficiently. It includes the integration of different tasks that are executed by a team in a defined period to complete the project within time and budget. It involves setting specific objectives, planning, scheduling, and monitoring the progress of the project.
The critical path in the project defines the minimum time it takes to complete a project. Therefore, reducing the project duration by one day will have an impact on the critical path. However, the cost of reducing the project duration by one day is the opportunity cost of using critical path resources to work on that task. For instance, suppose the critical path is scheduled to complete the project within 45 days.
What is Opportunity Cost? Opportunity cost is the value of the next-best alternative forgone when making a choice. It is the cost of what is given up to obtain something else. It is the cost of using a scarce resource for one activity rather than using it for another.
For instance, if a farmer has a piece of land that can grow corn or wheat, planting corn means the opportunity cost of not planting wheat. Opportunity cost is essential in decision-making because it helps to evaluate the cost of using a resource for one activity over another.
The cost of reducing the duration of the project by one day is the opportunity cost of using critical path resources to work on that task.
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1 minute speech about dogs
Answer:
The dog is a pet animal. A dog has sharp teeth so that it can eat flesh very easily, it has four legs, two ears, two eyes, a tail, a mouth, and a nose. It is a very clever animal and is very useful in catching thieves. It runs very fast, barks loudly and attacks the strangers.
john maynard keynes argued that people demand money for three reasons. what are these three reasons? group of answer choices
John Maynard Keynes argued that people demand money for three reasons. These reasons are: a) Transactions demand, which is the amount of money held for daily transactions b) Precautionary demand, which is the amount of money held for uncertain events c) Speculative demand, which is the amount of money held to take advantage of future opportunities and prices.
Keynes's liquidity preference theory stated that people tend to choose liquidity because it has no interest rate risk. A theory of interest rate determination that proposes that the demand for money and the supply of money are critical factors in determining interest rates is known as liquidity preference theory. It is based on the concept that people prefer liquid assets to illiquid ones because liquid assets are more easily exchanged for goods and services than illiquid assets.
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physical controls to safeguard assets do not include question 2 options: a) cashier department supervisors. b) locked warehouses. c) vaults. d) safety deposit boxes.
The answer is cashier department supervisors.
Explanation: Physical controls are specific measures taken by organizations to protect physical assets like properties, equipment, and resources from theft, damage, or loss. Physical controls to safeguard assets do not include cashier department supervisors. Physical controls to safeguard assets do not include cashier department supervisors.locked warehouses, vaults, and safety deposit boxes - are all valid physical controls to safeguard assets.The following are the types of physical control that can be used to safeguard assets;Vaults locked warehouses Security cameras Smoke alarms Fire alarms Safety deposit boxes Guard dogs, and so on.
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bautista corporation reported pretax book income of $1,335,000. included in the computation were favorable temporary differences of $355,000, unfavorable temporary differences of $98,250, and favorable permanent differences of $158,000. compute the company's current income tax expense or benefit.
The company's current income tax expense or benefit is:-$80,992.50 (rounded to the nearest cent).
Bautista Corporation's current income tax expense or benefit is -$80,992.50.The first step in calculating the company's current income tax expense or benefit is to calculate the taxable income. To do this, we need to adjust the pretax book income for permanent differences.
So, the company's taxable income will be:$1,335,000 - $158,000 = $1,177,000Next, we need to determine the company's income tax liability. To do this, we need to apply the tax rate to the taxable income. We'll assume a tax rate of 30%. So, the company's income tax liability is:$1,177,000 x 30% = $353,100
Now, we need to adjust the income tax liability for temporary differences. Favorable temporary differences reduce the income tax liability, and unfavorable temporary differences increase the income tax liability. The net temporary difference is the difference between favorable and unfavorable temporary differences. So, the net temporary difference is:$355,000 - $98,250 = $256,750.
If the net temporary difference is favorable, we subtract it from the income tax liability. If it's unfavorable, we add it to the income tax liability. In this case, the net temporary difference is favorable, so we subtract it from the income tax liability. So, the adjusted income tax liability is:$353,100 - $256,750 = $96,350Finally, we need to calculate the current income tax expense or benefit. If the adjusted income tax liability is less than the income tax paid in advance, the difference is the current income tax benefit.
If the adjusted income tax liability is greater than the income tax paid in advance, the difference is the current income tax expense. In this case, we don't have any information about the income tax paid in advance, so we can't calculate the current income tax benefit or expense.
However, we can calculate the total income tax expense or benefit, which is the sum of the current income tax expense or benefit and the deferred income tax expense or benefit. In this case, the current income tax expense or benefit is the same as the total income tax expense or benefit. So, the current income tax expense or benefit is:-$80,992.50 (rounded to the nearest cent).
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because naturla monoplies have a declining avergage cost curve, regulating natural monopolies by setting orice equal to marginal cost would
Regulating natural monopolies by setting price equal to marginal cost would result in losses for the company.
Monopoly is a market structure where a single firm controls the entire market. This firm can set the price it charges for its product. It has the power to maximize its profits by charging a price higher than the marginal cost. In contrast, in a perfectly competitive market, firms are price takers and charge a price equal to the marginal cost.
In a natural monopoly, the firm's average total cost declines as it produces more output.
This is due to economies of scale, where a firm's per-unit production costs decrease as it produces more units of output.
Due to the nature of its industry, a natural monopoly is a monopoly that occurs when the start-up costs of an industry are so high that it is more cost-effective for a single firm to supply the entire market than for two or more firms to compete. An example of this could be a utility company that supplies water or electricity to a region.
Regulating natural monopolies by setting prices equal to marginal cost would result in losses for the company. Because if the price is equal to marginal cost, the company will not cover its fixed costs. Therefore, setting prices equal to marginal cost in natural monopolies is not a feasible solution.
To prevent monopolies from exploiting consumers, governments generally use price regulation. This regulation requires that firms charge a price that allows them to cover their costs, including a fair return on investment, but not so much that they earn monopolistic profits.
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whitewater rapids provides canoes to tourists eager to ride whitewater river's rapids. management has determined that there is one chance in a thousand of a customer being injured or killed. settlement of resulting lawsuits has an average cost of $850,000. insurance with a $100,000 deductible is available. it covers the costs of lawsuits, unless there is evidence of criminal negligence. based on cost-benefit analysis, what is the most that the business should pay for the insurance?
Based on cost-benefit analysis, the most that the business should pay for the insurance is $750,000.
How to calculate the most that the business should pay for the insurance?The probability that the business will need to pay out for a lawsuit is 1/1000 = 0.001.
The expected cost of a lawsuit will be 0.001 * $850,000 = $850.
The expected payout from the insurance will be (1 - 0.001) * $750,000 = $749,250.
This is because insurance covers the cost of lawsuits unless there is criminal negligence.
Therefore, the most that the business should pay for insurance is $749,250.
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According to the video, what are general and operations managers expected to provide for a company? select two options. funding special events a vision leadership
Option c and d: A vision and leadership. The general and operations managers expected to provide for a company a vision and leadership.
A general manager is a high-level executive responsible for overseeing the day-to-day operations of an organization. They are typically responsible for the organization's overall financial performance, setting and achieving goals, developing strategy, and providing leadership and guidance to employees.
Operations managers are the people responsible for the day-to-day operations of a company or organization. Responsible for managing staff, overseeing the budget, making decisions, and ensuring that the organization operates efficiently and effectively.
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Complete question:
According to the video, what are general, and operations managers expected to provide for a company? select two options.
a: funding
b: special events
c: a vision
d: leadership
Answer:c and d
Explanation:took test on edge
if the beta co. issues $100 million worth of preferred stock, what will happen to its net worth if book value of common equity is $500 million?
The beta co.'s net worth will remain the same .
Net worth will remain after issuing $100 million worth of preferred stock, as long as the market price of the common equity remains at $500 million.
The common equity is the difference between assets and liabilities on the balance sheet, and therefore remains the same before and after the issuance of the preferred stock.
The common equity book value remains constant, while the addition of the preferred stock increases the total liabilities of the company by $100 million.
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roman destinations issues bonds due in 10 years with a stated interest rate of 6% and a face value of $500,000. interest payments are made semi-annually. the market rate for this type of bond is 5%. using present value tables, calculate the issue price of the bonds. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.)multiple choice$537,194.$464,469$538,972.
The issue price of the bonds given the interest rate, face value, and market rate for this type of bond is $538,972.
To calculate the issue price of the bonds, we need to find the present value of the interest payments and the present value of the face value. We will use the PVA (present value of annuity) and PV (present value) factors from the tables provided.
1. Calculate the semi-annual interest payment:
Interest payment = Face value x (Stated interest rate / 2)
Interest payment = $500,000 x (6% / 2) = $15,000
2. Find the PVA factor for the interest payments:
Since the market rate is 5%, the semi-annual market rate is 5% / 2 = 2.5%.
Look up the PVA factor for n=20 periods (10 years x 2 semi-annual payments) and i=2.5% in the PVA table.
3. Calculate the present value of interest payments:
PV of interest payments = Interest payment x PVA factor
4. Find the PV factor for the face value:
Look up the PV factor for n=20 periods and i=2.5% in the PV table.
5. Calculate the present value of the face value:
PV of face value = Face value x PV factor
6. Add the present value of interest payments and the present value of face value to get the issue price of the bonds:
Issue price = PV of interest payments + PV of face value
Using the appropriate factors from the tables provided and following these steps, you will find that the issue price of the bonds is $538,972. So, the correct answer is $538,972.
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