Criteria used: Cost. Criteria ignored: Other non-financial factors such as customer preferences, market demand, brand image, and long-term viability.
Criteria used by Maryam:
Cost: Maryam conducted a cost analysis to evaluate the two options and chose the one that was less expensive.Feasibility: Maryam likely considered the feasibility of building a drive-thru or joining an online food delivery service, such as the availability of space, permits, and resources.Criteria ignored by Maryam:
Revenue potential: Maryam did not consider which option may generate more revenue for her restaurant in the long term.Customer preferences: Maryam did not take into account the preferences of her customers and which option may better cater to their needs.Brand image: Maryam did not consider how each option may affect her restaurant's brand image and reputation in the market.Learn more about feasibility here:
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Which characteristic is most important for the Urban Commuter segment?
a.Capacity
b.Comfort
c.Durability
d.Waterproof
e.Eco-friendly
The answer is b. Comfort, is the characteristic is most important for the Urban Commuter segment.
What does a commuter look like?One who travels a long distance to work, typically from a suburb to a city, is referred to as a commuter. Some people are fortunate enough to reside close to their place of employment or to work from home. Others are commuters, who must travel to and from work.
Who commutes versus who lives there?Students at a residential school live and learn all across campus. Students are arriving at a commuter campus for classes. They often leave school after that for the day.
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Conciliation differs from arbitration in that:________.
a. the conciliator is a neutral third party.
b. the conciliator's goal is to provide a solution to the dispute.
c. the conciliator's solution is legally binding on both the union and management.
d. the conciliator is a member of the union or of management.
e. the conciliator has no formal power over union representatives or management.
Answer:
I think answer is a.the concilliator is a neutral third party
Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion
Ratio:
a) Return on equity %
b) Days in inventory
c) Days in accounts receivable
Account balance:
a) Net income
b) Inventory
c) Accounts receivable
Assertion:
a) Existence
b) Valuation
c) Completeness
Justification:
Ratio:
a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.
b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.
c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.
Account balance:
a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
Assertion:
a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
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When the boy tells the merchant that he is going to be leaving to return to his country to buy sheep, he asks for the merchant's blessing. What does the merchant say about the boy's
In the story “The Alchemist,” when the boy tells the merchant that he is going to be leaving to return to his country to buy sheep, he asks for the merchant's blessing. The merchant tells the boy that he doesn't need his blessing. However, he wishes him good luck and says, "I hope that you will return with good news.
The Alchemist is a novel written by Paulo Coelho. The story revolves around the journey of a young shepherd boy named Santiago who desires to find his personal legend and fulfill his dreams. As he sets out on his journey, he meets different people and faces various challenges. These experiences teach him important life lessons that help him in his quest for his personal legend.
The merchant is one of the characters the boy meets on his journey. The boy sells wool to the merchant and works for him for a year. During this time, the boy learns a lot from the merchant about business and other things. When the boy tells the merchant that he is going back to his country to buy sheep, he asks for the merchant's blessing.
However, the merchant says that he doesn't need his blessing. Instead, he wishes him good luck and says, "I hope that you will return with good news."The merchant's response to the boy's request for his blessing shows that he trusts the boy and believes in him. It also shows that he respects the boy's decision and wishes him well on his journey.
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13. Ceteris paribus, a decrease in the demand for loanable funds A. drives the interest rate down.
B. drives the interest rate up.
C. might not have any effect on interest rates.
D. results from an increase in business prospects and a decrease in the level of savings. E. results from an
Interest rates are always lowered when demand falls, regardless of the circumstances. The demand for funds would rise if business prospects improved. The savings rate influences the finances rather than the sales for them. As a result, option (A) is the best choice.
How much variables contribute to a decrease in the source of loanable funds?
When consumers start spending more, they put less money in the bank. This results in fewer depositors and reserves that the government can lend out, reducing the availability of loanable funds.
What effect can the ceteris paribus assertion have on a demand curve?
Because it considers elasticity, the ceteris paribus assertion has an impact on a quantity demanded. If the price of an item rises whereas all other factors remain constant, the demand for it will fall.
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Kukrudu Co. Ltd produces three modules of a product namely Hwentsia (H), Prekese (P) and Kakaduro (K). The following data related to the products for the period. H K P Total GH¢‘000 GH¢‘000 GH¢‘000 GH¢‘000 Direct Material 150 240 200 590 Direct Labour Cost 14. 4 24 54 92. 4 Overheads Machine settings 26 Overhead Processing 64 Warehouse Cost 93 Energy to run machine 42 Shipping 36 A consultant, Mr. P. S. Initiative recommended the following after a detailed study of the company’s production process. ACTIVITY COST DRIVER ACTIVITY LEVEL H K P a. Machine setup No. Of Production runs 22 34 44 b. Sales order processing No. Of sales received 400 600 600 c. Warehouse cost No of units held in inventory 200 200 400 d. Energy
The recommendations provided by Mr. P. S. Initiative after a detailed study of the Kukrudu Co. Ltd production process;
ACTIVITY COST DRIVER ACTIVITY LEVEL H K P Machine setup
No. Of Production runs 22 34 44
Sales order processing
No. Of sales received 400 600 600 Warehouse cost
No of units held in inventory 200 200 400
Energy Energy consumed by each product 220 260 220
Analysis:
Product H requires 22 machine setups, 400 sales orders processing, 200 units in the warehouse, and energy of 220.
The cost driver for this product is production runs.
Product K needs 34 machine setups, 600 sales orders processing, 200 units in the warehouse, and energy of 260.
The cost driver for this product is sales orders received.
Product P requires 44 machine setups, 600 sales orders processing, 400 units in the warehouse, and energy of 220.
The cost driver for this product is warehouse cost.
Therefore, the cost driver for H, K, and P are production runs, sales orders received, and warehouse cost, respectively.
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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which one of these is an example of a necessary debt
Answer:
An example of unnecessary debt is when you change your clothes and don't really need on a high-interest score. Thus option C is correct.
What is unnecessary debt?
An unnecessary debt can be caused by a variety of issues such as expensive life events, having children, or moving to a new house. It may also be due to poor money management. The debt is due to those things that are not needed and hence are unnecessary.
Explanation:
Which of the following statements about depreciation is/are correct?
a) Depreciation represents the amount of cash that the organization paid out this year to use its long-lived assets.
b) Depreciation expenses perfectly reflect the amount of long-lived assets that were used by an organization.
c) Depreciation represents the allocation of the cost of a capital asset over its life based on a specific method of accounting (straight line, accelerated, etc).
Depreciation represents the allocation of the cost of a capital asset over its life based on a specific method of accounting (straight line, accelerated, etc). Thus, option C is correct.
Depreciation is an accounting technique for spreading out the expense of a tangible item over the course of its useful life. How much of an asset's value has been consumed is shown through depreciation. It enables businesses to purchase assets over a predetermined length of time and generate income from those assets.
The initial cost of ownership is greatly lowered since businesses do not have to fully account for them in the year the assets are bought. A company's profitability can be significantly impacted by not accounting for depreciation. Long-term assets can also be depreciated by businesses for tax and accounting reasons.
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If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
Yens do you need to buy 200 Dollars for? show working please
Answer:
2,400 Yens
Explanation:
exchange rate for buying Japanese Yen is 12 Yens per Dollar
1 dollar : 12 Yens
how many Yens do you need to buy 200 Dollars for?
Let
x = number of Yens needed
200 dollars : x Yens
Equate the ratios to find x
1 dollar : 12 Yens = 200 dollars : x Yens
1/12 = 200/x
Cross product
1 * x = 12 * 200
x = 2,400
x = number of Yens needed = 2,400 Yens
Answer:
2400 yen
Explanation:
smort
Why is it important to use the right strategies to beat competition?:
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
What is the main difference between a market and a command economy?
Answer:
Market economies utilize private ownership as the means of production and voluntary exchanges/contracts. In a command economy, governments own the factors of production such as land, capital, and resources. Most nations operate largely as a command or market economy but all include aspects of the other.
How many different jobs are there when trying to produce a sandwich from scratch
When trying to produce a sandwich from scratch, there are numerous different jobs involved in the process. Here is a step-by-step breakdown of the main tasks:
1. Gathering ingredients: This includes obtaining bread, meat, vegetables, and condiments.
2. Preparing ingredients: Tasks may involve slicing the bread, washing and the vegetables, and cooking or seasoning the meat.
3. Assembling the sandwich: Layer the ingredients onto the bread in a desired order.
4. Cutting and plating: Once the sandwich is assembled, it can be cut into halves, quarters, or triangles, depending on personal preference. Then, it can be placed on a plate or wrapped for on-the-go.
5. Cleanup: After enjoying the sandwich, it's important to clean up the workspace by washing dishes and utensils, and properly storing any remaining ingredients.
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which of these is the healthiest inflation rate?
A. 2.5%
B. 3%
C. 3.5%
Based on the Consumer Price Index, the Federal Reserve seeks to maintain inflation at 2%. (CPI)
Price increases, or inflation, can be thought of as the gradual loss of purchasing power. The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.
A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage. Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
The rate at which the cost of goods and services increases is known as inflation.
Demand-pull inflation, cost-push inflation, and built-in inflation are the three categories into which inflation is sometimes divided.
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If the assets of a business stay the same from one month to the next and the liabilities increase, the
owner's equity will decrease.
True
False
What will the real value of $100 be in 7 years if you hide the money under your mattress and the inflation rate is 2%
The real value of the money after 7 years, if the money is hidden under the mattress and the inflation rate, is $ 86. 81.
How to find the real value ?If the inflation rate is 2%, the value of money is expected to decrease by 2% per year.
In 7 years therefore, you can use the future value formula to find the real value of the money to be :
= Value today x ( 1 - rate ) ^ number of years
This gives:
= 100 x ( 1 - 2 % ) ⁷
= $ 86. 81
This means that if you hide $100 under your mattress today, in 7 years, its real value will be $86.81 in terms of what it can buy.
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The securities and exchange commission is responsible for ______. multiple choice question. preparing a prospectus regulating various stock exchanges ensuring companies are tax compliant listing stock transactions on the nyse
Answer:
regulating various stock exchanges
Explanation:
Exchange rate systems (10pts)
-Based on an example of your choice, either: a balance sheet of a central bank and that of a chartered bank, show How sterilization can be implemented in the event that the central bank buys foreign currencies chartered banks.
In the event that a central bank buys foreign currencies from chartered banks, sterilization can be implemented to neutralize the impact on the domestic money supply.
This process involves the central bank taking steps to offset the increased liquidity resulting from the foreign currency purchases. By employing various techniques, such as open market operations or adjusting reserve requirements, the central bank can prevent inflationary pressures or excessive money supply growth.
Sterilization refers to the actions taken by a central bank to offset the impact on the domestic money supply when it buys foreign currencies from chartered banks. The central bank's balance sheet and that of the chartered bank can be used to illustrate how this process is implemented.
Suppose the central bank buys a significant amount of foreign currencies from chartered banks. As a result, the central bank's foreign currency reserves increase while the chartered bank experiences a rise in its domestic currency holdings.
To sterilize this impact, the central bank can undertake open market operations. It involves selling government securities to the chartered banks in exchange for domestic currency. This withdrawal of domestic currency from the banking system effectively offsets the increase in liquidity resulting from the foreign currency purchases.
Additionally, the central bank can adjust reserve requirements. By increasing the reserve ratio, which is the percentage of deposits that banks are required to hold as reserves, the central bank reduces the amount of funds available for lending by chartered banks.
This reduction in lending capacity acts as a sterilization measure, counterbalancing the increased liquidity created by the foreign currency purchases.
Both open market operations and reserve requirement adjustments are commonly used techniques to implement sterilization. These measures help prevent excessive growth in the domestic money supply, which could lead to inflationary pressures.
In summary, when a central bank buys foreign currencies from chartered banks, sterilization measures are employed to neutralize the impact on the domestic money supply.
Through open market operations or adjusting reserve requirements, the central bank can offset the liquidity increase resulting from the foreign currency purchases, ensuring that the money supply remains stable and inflationary risks are mitigated.
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sam deposits $5,000 into an account with an interest rate of 3% that is compounded monthly. rounding to the nearest dollar, what is the balance after 10 years?
Using the formula for compound interest, we can calculate the balance after 10 years as follows:
A = P(1 + r/n)^(n*t)
Where:
A = the ending balance
P = the principal amount (initial deposit)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the time (in years)
Plugging in the values given in the problem, we get:
A = 5000(1 + 0.03/12)^(12*10)
A = 5000(1.0025)^120
A = 5000(1.345)
A = 6723.58
Rounding to the nearest dollar, the balance after 10 years is $6,724.
Hi! To solve this problem, we'll use the formula for compound interest, which is A = P(1 + r/n)^(nt). In this case, P = $5,000 (the principal), r = 0.03 (the interest rate), n = 12 (compounded monthly), and t = 10 years. Plugging in these values:
A = 5000(1 + 0.03/12)^(12*10)
A ≈ $6,719
After 10 years, Sam's account balance, rounded to the nearest dollar, will be approximately $6,719.
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reviewers are largely supportive of the increased push to have people pre order video games
A- true
B- false
Answer:
False
Explanation:
Reviewers resist the pre-order movement because it circumvents their role in the marketing process.
1. Complete as frases com a forma correta do verbo to be (am, is, are)
a) She
b) They
studying maths
having breakfast
drinking lemonade.
d) it
raining at the moment.
e) You
sitting in my chair.
listening to music
f) He
g) My sister
doing her homework.
h) Her children
making dinner.
Complete Question:
Complete the sentences with the correct form of the verb to be (am, is, are).
Answer:
a) is.
b) are.
c) am.
d) is.
e) are.
f) is.
g) is.
h) are.
Explanation:
A verb is one of the parts of speech in English language. Verbs can be defined as any word that describes an action, occurrence, or state of existence. Some examples of verb are dance, sing, walk, play, run, sit, etc.
A present continuous tense is simply used to describe an action that is being performed at the moment (on-going) or an unfinished action.
Completing the sentences with the correct form of verb, we have;
a) She is studying maths.
b) They are having breakfast.
c) I am drinking lemonade.
d) It is raining at the moment.
e) You are sitting in my chair
f) He is listening to music.
g) My sister is doing her homework.
h) Her children are making dinner.
explain processes of distribution channels in economics
Answer:
Distribution channels in economics refer to the various intermediaries that are involved in the movement of goods and services from the producer to the final consumer. These intermediaries play a critical role in ensuring that products reach the end-users in the most efficient and effective manner possible.
The following are the processes involved in distribution channels in economics:
1. Producer: The first step in the distribution channel is the producer. The producer is the entity that creates the product or service. The producer may be a manufacturer, a farmer, or a service provider.
2. Wholesaler: The next step in the distribution channel is the wholesaler. The wholesaler buys products in bulk from the producer and then sells them to retailers. Wholesalers are often used when the producer cannot sell directly to retailers due to logistical or other reasons.
3. Retailer: The retailer is the next step in the distribution channel. The retailer buys products from the wholesaler or directly from the producer and then sells them to the final consumer. Retailers are often used when the producer cannot sell directly to the final consumer due to logistical or other reasons.
4. Consumer: The final step in the distribution channel is the consumer. The consumer is the end-user of the product or service. The consumer buys the product or service from the retailer.
5. Logistics: Logistics is an important process in the distribution channel. Logistics involves the movement of products from the producer to the retailer or directly to the consumer. Logistics includes transportation, storage, and delivery.
6. Marketing: Marketing is another important process in the distribution channel. Marketing involves promoting the product or service to potential consumers. Marketing includes advertising, public relations, and sales promotions.
7. After-sales service: After-sales service is the final process in the distribution channel. After-sales service involves providing support and assistance to consumers after they have purchased the product or service. After-sales service includes warranties, repairs, and customer service.
In conclusion, the distribution channel is a critical component of the economy. It ensures that products and services reach the end-users in the most efficient and effective manner possible. The various processes involved in the distribution channel include the producer, wholesaler, retailer, consumer, logistics, marketing, and after-sales service.
approximately how many times does an average human heart beat in a year?
Answer:
Around 35 million times ler year
An average human body's heart beat in a year many times the day times.
What is a heart?The heart is typically a muscle in animals. Through blood vessels of the circulatory system, this organ pumps blood. The blood being pumped carries oxygen and nutrients to the body while carrying metabolic waste products like carbon dioxide to the lungs. The human heart has four chambers, similar to other animals' and birds' hearts: the upper left and right atria, bottom left and right ventricles. In contrast to fish, which have an atrium and a ventricle, most reptiles have three chambers. The walls of the heart are composed of three layers: the epicardium, myocardium, and endocardium. The sinoatrial node contains a group of pacemaker cells that regulate the heart's rhythmic blood pumping.
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What is the difference between a shift along a demand curve and a shift of a demand curve.
Burger Dome sells hamburgers, cheeseburgers, French fries, soft drinks, and milk shakes, as well as a limited number of specialty items and dessert selections. Although Burger Dome would like to serve each customer immediately, at times more customers arrive than can be handled by the Burger Dome food service staff. Thus, customers wait in line to place and receive their orders. Suppose that Burger Dome analyzed data on customer arrivals and concluded that the arrival rate is 51 customers per hour and 1 customer processed per minute.
Compare a multiple-server waiting line system with a shared queue to a multiple-server waiting line system with a dedicated queue for each server. Suppose Burger Dome establishes two servers but arranges the restaurant layout so that an arriving customer must decide which server's queue to join. Assume that this system equally splits the customer arrivals so that each server sees half of the customers. How does this system compare with the two-server waiting line system with a shared queue? Compare the average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system. If required, round your answers to four decimal places.
Shared single queue Dedicated queues
Number of customers waiting fill in the blank 1 fill in the blank 2
Average number of customers in the system fill in the blank 3 fill in the blank 4
Average waiting time fill in the blank 5minutes fill in the blank 6minutes
Average time in the system fill in the blank 7minutes fill in the blank 8minutes
Comparing these numbers, it is clear that the shared single queue OR two dedicated queues results in better process performance than the shared single queue OR two dedicated queues
Both systems have the same average number of customers waiting, average number of customers in the system, average waiting time, and average time in the system.
In a multiple-server waiting line system with a shared queue, all customers join a single queue, and the servers take turns serving the customers. On the other hand, in a multiple-server waiting line system with dedicated queues, each server has its own queue, and customers must choose which server's queue to join.
Now, let's compare the two systems.
1. Number of customers waiting:
In the shared single queue system, the number of customers waiting is equal to the average number of customers in the system minus the number of servers. In this case, with two servers, the number of customers waiting would be "fill in the blank 3".
In the dedicated queues system, since the customers are equally split between the two servers, each queue will have half the number of customers. Therefore, the number of customers waiting in each queue would be "fill in the blank 4".
2. Average number of customers in the system:
In the shared single queue system, the average number of customers in the system is the sum of the number of customers waiting and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 3".
In the dedicated queues system, the average number of customers in the system is the sum of the number of customers waiting in each queue and the number of customers being served. Since each server can serve one customer at a time, the average number of customers in the system would be "fill in the blank 4".
3. Average waiting time:
The average waiting time in the shared single queue system is calculated by dividing the number of customers waiting by the arrival rate. Therefore, the average waiting time would be "fill in the blank 5 minutes".
In the dedicated queues system, the average waiting time for each queue would be the same as the average waiting time in the shared single queue system, as each queue receives half of the customers. Therefore, the average waiting time in each queue would also be "fill in the blank 5 minutes".
4. Average time in the system:
The average time in the system in the shared single queue system is calculated by dividing the average number of customers in the system by the arrival rate. Therefore, the average time in the system would be "fill in the blank 7 minutes".
In the dedicated queues system, the average time in the system for each queue would be the same as the average time in the system in the shared single queue system, as each queue receives half of the customers. Therefore, the average time in the system in each queue would also be "fill in the blank 7 minutes".
Comparing these numbers, it is clear that the shared single queue system results in the same process performance as the two dedicated queues system.
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According to the book, the individual small business owner must be aware of his own _________ and establish the business in a manner that is consistent with that _________.
Answer: tolerance of risk and tolerance
Explanation: Put tolerance of risk in the first blank, and tolerance in the second.
"An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?"
Complete/Correct Question:
An officer of a company has been invited by a large mutual fund company to give a talk to the fund company's analysts about its business plans and prospects. At the talk, the officer inadvertently discloses material information that could affect the stock's price. Which statements are TRUE?
I A public announcement of the news must be made within 24 hours
II A public announcement of the news must be made within 10 business days
III The company must file an 8K with the SEC disclosing the information to avoid insider trading liability
IV The company must file a 10K with the SEC disclosing the information to avoid insider trading liability
Answer:
i and iii
Explanation:
Under the Securities Exchange Act of 1934, insurance coverage for a customer accounts at any broker-dealer must be provided by the Securities Investor Protection Corporation, SIPC. Also,broker-dealers that handle non-exempt securities must be registered
By the above statements, if a a bank has customers that have both exempt and non-exempt securities, such bank is mandated to register as a broker-dealer according to the Securities Exchange Act of 1934 and as a matter of fact register under SIPC.
Cheers.
Individual retirement accounts (IRAs) were established by the U.S. government to encourage saving. An individual who deposits part of current earnings in an IRA does not have to pay income taxes on the earnings deposited, nor are any income taxes charged on the interest earned by the funds in the IRA. However, when the funds are withdrawn from the IRA, the full amount withdrawn is treated as income and is taxed at the individual’s current income tax rate.
In contrast, an individual depositing in a non-IRA account has to pay income taxes on the funds deposited and on interest earned in each year but does not have to pay taxes on withdrawals from the account. Another feature of IRAs that is different from a standard savings account is that funds deposited in an IRA cannot be withdrawn prior to retirement, except upon payment of a substantial penalty.
a. Sarah, who is five years from retirement, receives a $10,000 bonus at work. She is trying to decide whether to save this extra income in an IRA account or in a regular savings account. Both accounts earn 5 percent nominal interest, and Sarah is in the 30 percent tax bracket in every year (including her retirement year).
Compare the amounts that Sarah will have in five years under each of the two saving strategies, net of all taxes. Is the IRA a good deal for Sarah?
Instructions: Enter your responses rounded to the nearest dollar. If Sarah invests in the IRA, her net value (after taxes) five years from now will be: $ If Sarah Invests in the normal savings account, her net value (after taxes) five years from now will be: $ Sarah will be better off if she Invests in the Click to select b. Would you expect the availability of IRAs to Increase the amount that households save In light of (1) the response of saving to changes in the real Interest rate? (Click to select) (2) psychological theories of saving: (Click to select)
a. To compare the net values of saving in an IRA account versus a regular savings account, we need to consider the tax implications.
If Sarah saves the $10,000 bonus in an IRA account, she will not pay taxes on the earnings deposited or on the interest earned until she withdraws the funds at retirement. Therefore, the full $10,000 can be invested, and it will grow at an annual interest rate of 5 percent.
On the other hand, if Sarah saves the $10,000 in a regular savings account, she needs to pay taxes on the funds deposited and on the interest earned each year. Since Sarah is in the 30 percent tax bracket, only $7,000 ($10,000 - 30% tax) will be invested initially. The interest earned on this amount will also be subject to taxes each year.
Calculating the net values after five years:
IRA Account:
Principal amount invested: $10,000
Annual interest rate: 5%
Tax rate: 0% (no taxes paid until withdrawal)
Net value after 5 years: $12,762 (rounded)
Regular Savings Account:
Principal amount invested: $7,000
Annual interest rate: 5%
Tax rate: 30% (taxes paid on interest each year)
Net value after 5 years: $10,862 (rounded)
Based on these calculations, Sarah will be better off if she invests in the IRA account, as it will provide a higher net value after five years.
b. Yes, the availability of IRAs would be expected to increase the amount that households save. This is due to the following reasons:
(1) Response to changes in the real interest rate: When real interest rates are high, individuals are more motivated to save and earn a return on their savings. By offering tax advantages and potentially higher returns, IRAs incentivize individuals to save more, even when interest rates are relatively low.
(2) Psychological theories of saving: IRAs leverage psychological theories such as framing and mental accounting. The tax advantages associated with IRAs create a perception of increased wealth and a sense of dedicated savings for retirement. This psychological aspect encourages individuals to save more and take advantage of the tax benefits provided by IRAs.
Overall, the availability of IRAs provides financial incentives and psychological encouragement for individuals to save more, leading to an increase in the amount of household savings.
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While overall labor union membership has been declining over the last few decades, which type of workers has the highest percentage of union membership
The workers that have the highest percentage of union memberships are those in
educationtraininglibrary occupationsWhat is a labor union?This is a term that is used to refer to the labor unions that are formed in order to represent the workers that are in a country.
The unions are known to represent workers in terms of benefits, wages and labor hours.
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If making your family and friends a priority is important to you, you value
O responsibility
O compassion
O relationships
O none of the above
Answer:
Relationships.
Explanation:
We maintain ourselves worth by trying to please excel meditate and even control or change ourselves to be closer to the people we love most.