It is important to note that break-even point is a crucial metric for businesses as it helps them determine the minimum amount of units they need to sell to cover their costs. Here, company needs to produce and sell 25,000 units to break even The correct answer is B
To calculate the break-even point for this company, we need to use the formula: Break-even point = Fixed costs ÷ (Price per unit - Variable costs per unit) Plugging in the given values, we get:
Break-even point = $100,000 ÷ ($12 - $8), Break-even point = $100,000 ÷ $4, Break-even point = 25,000 units
Therefore, the company needs to produce and sell 25,000 units to break even. This means that the revenue earned from selling 25,000 units at $12 per unit will cover the fixed costs of $100,000 and the variable costs of $8 per unit, leaving the company with no profit or loss.
Knowing the break-even point can also help businesses make informed decisions about pricing, production, and sales strategies. Break-even point (in units) = $100,000 / ($12 - $8) Break-even point (in units) = $100,000 / $4 Break-even point (in units) = 25,000 units So, the company must produce and sell 25,000 units to break even. The correct answer is B)
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If there are no excess reserves in the banking system and the Fed lowers the required reserve ratio, it follows that banks will now have __________, which they can use to extend loans and create new
Answer:
Excess reserves
Explanation:
Money supply in the economy is regulated by the central bank of Federal Reserve through various methods.
One of them is the use of reserve ratio.
Reserve ratio is the percentage of total deposit in a bank that commercial banks are required to keep aside and not use.
If there is no excess reserves and the Fed lowers required reserve ratio, it means banks will now have more money they can use to service customers.
The excess excess of the reserve can now the used to give out loans
Which of the following is SIQ most likely to
stand for?
A. Station Identification Questionnaire
B. Standard Item Questionnaire
C. Software Inventory Questionnaire
D. System Identification Questionnaire
E. Station Inventory Questionnaire
Both a questionnaire and an inventory are examples of surveys. Simple to-answer questions are included in the questionnaire. These inquiries are made in an effort to obtain information, and they frequently concern particular topics.
Thus, Option E is correct.
What is the questionnaire data collection method?A questionnaire's objective is to gather data from respondents regarding their attitudes, experiences, and opinions. Questionnaires are frequently utilized in social and health sciences and market research. In order to increase customer satisfaction and profitability, our inventory assessments evaluate strategies, inventory management systems, processes, and procedures for developing new goods and managing inventory.
A questionnaire's objective is to collect information from a target audience. It will contain closed-ended and open-ended questions or a mix of the two.
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The FCC has the power to regulate all of the following communications EXCEPT:
The Federal Communications Commission (FCC) has the power to regulate various forms of communication in the United States except political speech.
Political Speech: The FCC does not have the authority to regulate political speech, including campaign advertisements and political debates. Political speech is protected by the First Amendment of the U.S. Constitution, which limits the government's ability to restrict or regulate free expression in the context of political discourse.
While the FCC regulates many aspects of communication, including broadcasting, telecommunications, radio frequencies, and certain content standards, it is not involved in regulating the content of political speech or the political messaging conveyed through various communication channels.
It's important to note that the FCC's regulatory authority is subject to specific laws and regulations, and its jurisdiction may evolve over time as new technologies and communication methods emerge, or as legislation and court rulings shape its scope of authority.
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For international businesses to achieve vertical differentiation, _____. a. foreign and domestic operations should be grouped in such a way that the company effectively serves the needs of all customers b. top level managers must emphasize flexibility and openness in organizational structure c. a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers d. the global structure must allow decisions to be made in the most appropriate area of the organization
Answer:
a hierarchy of authority must be created that clarifies the responsibilities of both domestic and foreign managers
Explanation:
Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million jars to 15 million jars.
The cross-price elasticity of demand is -1.82
Calculate the cross-price elasticity of demand:
The formula to calculate the cross-price elasticity of demand is:
(92 -91)/[(02 + 91)/2]
Cross price elasticity
(P2- A)/[(P +P)/ 2]
(15-10)/ [(15+10)/2]
(4-5)/ (4+5)/2]
5/12.5
-1/4.5
0.4
-0.22
=-1.82
Therefore, the cross-price elasticity of demand is -1.82. Since the demand is negative
The goods are said to be Complements.
Your question is incomplete. Please read below to find the missing content.
Suppose that when the price of peanut butter falls from $5 to $4 per jar, the quantity of jelly purchased rises from 10 million jars to 15 million jars. Instructions: Round your answer to two decimal places and include a negative sign if appropriate. The cross-price elasticity of demand between peanut butter and jelly using the midpoint method is The goods are?
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Law firms sometimes ask their employees to pad their billable hours or charge customers for tasks they did not perform. this is an example of ________.
There are times when law firms push their staff to increase their billable hours or bill clients for services they did not provide. An illustration of unethical behavior might be this.
What is an unethical behavior?An act that goes against what is morally right for a person, a business, a profession, or in politics is deemed unethical behavior. Additionally, it can refer to a person's actions that go against the values upheld in the neighborhood where they reside. Person acting unethically: lying to loved ones, friends, and coworkers in order to obtain dishonest gain; robbing a home or job; borrowing money from a friend and not paying it back with the intent to defraud him; maintaining an extramarital relationship; criticizing friends, family, or coworkers behind their backs; conducting personal business during work hours; manipulating expense reimbursements; and selling a property without disclosing its flaws.
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Which of the following is the reason the Uniform Commercial Code was drafted?
A. Different states had different laws governing contracts which did not result in a smooth flow ofinterstate commerce.
B. Some states had no law governing contracts.
C. Federal law governing contracts was difficult to apply.
D. The Uniform State Act on laws was not working.
E. The Restatement of the Law Second, Contracts was not being evenly and fairly applied.
The reason the Uniform Commercial Code was drafted is different states had different laws governing contracts which did not result in a smooth flow of interstate commerce, option A.
Prior to the development of the UCC, each state in the United States had its own set of laws and regulations regarding commercial transactions and contracts. This meant that when businesses engaged in interstate commerce, they had to navigate a complex web of varying laws and regulations. This lack of uniformity created challenges and inefficiencies for businesses operating across state lines.
The UCC was designed to address these issues by providing a comprehensive and uniform set of rules and regulations for commercial transactions. It was developed through collaborative efforts among legal scholars, business practitioners, and lawmakers. The UCC covers a wide range of topics related to commercial transactions, including sales of goods, leases, negotiable instruments, secured transactions, and more.
By promoting uniformity in commercial laws across different states, the UCC aimed to simplify and streamline interstate commerce. It provided businesses with greater certainty and predictability when engaging in transactions across state borders. The UCC has been widely adopted by most states in the U.S., although some states have made modifications or variations to fit their specific needs.
Therefore, the correct option is A. Different states had different laws governing contracts which did not result in a smooth flow of interstate commerce.
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Norm worked as a sales person for his firm. When he turned fifty, the office had a party for him. His boss made a lot of jokes about Norm getting too old to keep up with the younger staff. Those comments continued past the party for several months. Norm was fired six months later. When he filed a complaint for age discrimination, the boss defended his actions by saying Norm was fired for not meeting sales quotas. Norm had missed his quota for only one month, and he provided evidence that younger employees who had missed up to three months of the quotas were not terminated. Norm is attempting to show that:
Answer: the employer's defense was a pretext.
Explanation:
Norm providing evidences that him being fired was unfair shows that Norm is attempting to show that the employer's defense was a pretext.
A pretext simply refers to a false reason which covers the true intentions or motives of an employer. In this case, the employer didn't fire Norm because he didn't meet his sales quota but fired him because of his age.
Therefore, all the defense given by the employer shows that his defense was a pretext.
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
Where should a government report special assessment debt that the government is not liable for in any way?
Special assessment debt that a government is not liable for in any way should be reported in the government's financial statements as a disclosure note.
This disclosure note should provide relevant information about the nature and amount of the special assessment debt, including the terms and conditions of the assessment, the purpose of the assessment, and any restrictions or limitations on the government's liability. The purpose of reporting this debt as a disclosure note is to inform the users of the financial statements about the existence and potential impact of the special assessment debt, without implying any obligation or liability on the part of the government.
By including this information in the disclosure note, the government ensures transparency and accountability in its financial reporting, allowing users to make informed decisions based on the complete financial picture. It is important for the government to follow the appropriate accounting standards and guidelines when reporting special assessment debt in order to maintain accuracy and consistency in financial reporting.
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Describe the information you will need to provide in order to complete a FAFSA. List at least three of the required documents you must include.
Answer:
Sample response: To complete a FAFSA, I must first include information to verify my identity. This includes my Social Security number or a driver's license. I must include information about my income or my family's income (if they are still responsible for my care). Finally, I must submit financial information, like my account statements.
Explanation:
2020 edg
according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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If Ryan purchases a sandwich, he is using money as:
A. a medium of exchange
B. A unit of measure
C. A store of value
Answer:
a. a medium of exchange
Explanation:
i took the test
If Ryan purchases a sandwich, he is using money as a medium of exchange. Thus, the correct answer is option A.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socioeconomic context as payment for goods and services and repayment of debts, such as taxes. It is the medium in which prices and values are expressed.
The primary functions of money are- as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.
Ryan is purchasing the sandwich with the help of money. Money is exchanged for the sandwich, acting as a medium of exchange.
Therefore, Ryan is using money as a medium of exchange.
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Which department handles the task of finding vendors that will provide goods at the best prices?
what are the economic effects of the participation of a large number of middlemen in the distribution of goods in any west African country
Bob sold manufacturing equipment to a dealer for $50,000. He bought the equipment for $55,000 several years ago and has claimed $12,500 of depreciation expense on the equipment. What is the amount and character of the gain or loss for Bob on the equipment?
The amount and character of the gain or loss for Bob on the equipment are as follows: To find the amount and character of the gain or loss for Bob on the equipment, you need to consider the equipment's carrying value.
To determine the carrying value, subtract the total depreciation expense claimed from the original cost of the equipment.$55,000 - $12,500 = $42,500.
The equipment's carrying value is $42,500. Since Bob sold the equipment for $50,000, there is a gain. The gain can be calculated by subtracting the carrying value from the selling price:$50,000 - $42,500 = $7,500. Therefore, Bob has a gain of $7,500 on the sale of the equipment.
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Please create a business plan for real estate/realtors. I am
working on a business plan.
The business plan outlines the strategic approach for a real estate/realtor business, including market analysis, target clients, marketing strategies, and financial projections. It serves as a roadmap to guide the business towards success and profitability.
The executive summary provides a concise overview of the real estate/realtor business plan. It highlights the key elements of the plan, such as market analysis, target clients, marketing strategies, and financial projections.
The purpose of the executive summary is to grab the reader's attention and provide a high-level understanding of the business's goals and strategies.
It serves as a roadmap that outlines the path to success and profitability, giving stakeholders a clear understanding of the business's direction.
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Describe two advantages of planned economy
Answer:
Some of the advantages are the equal distribution of wealth, reduced inequality,
low level of unemployment, and maximize social welfare.
The market failure that observes when some goods are systemically overused and depleted is _____.
The market failure that observes when some goods are systemically overused and depleted is Tragedy of the Commons.
What is the tragedy of the commons?In the tragedy of the commons, every person has an incentive to use a resource, but at the price of every other person, and there is no means to prevent anyone from using it. It was initially conceived by considering what would occur if each shepherd, acting in his or her own self-interest, permitted their flock to graze on the common field. Everyone acting in what appears to be their own best interest leads to dangerous overconsumption (all the grass is eaten, to the detriment of everyone)Underinvestment (since, who is going to pay to sow new seed?) and finally, resource exhaustion are other possible outcomes of the issue. Every person who consumes an additional unit adversely hurts others—and themselves too—who can no longer profit from the resource due to the resource's overwhelming demand. The resource of interest is typically readily accessible to everyone without restrictions (i.e., the "commons").To learn more about tragedy of the commons, refer to
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what is the best job to make a hole lot of money
Answer:
drop shiping
Explanation:
it's the perfect job
the primary difference between the periodic and perpetual inventory systems is that a
Answer:
In a periodic inventory system, things are updated periodically. With a perpetual inventory system, it's recorded at the time of sale.
Which is the most common type of precipitation?
Answer: Rain.
Explanation:
Bill Nye.
Answer: Rain
Explanation:
how should salespeople react when buyers voice their concerns or questions? (check all that apply.)
When buyers voice their concerns or questions, salespeople should:
1. Actively listen: Pay attention to the buyer's concerns and make sure to fully understand their issues before responding.
2. Be empathetic: Put yourself in the buyer's shoes and acknowledge their concerns genuinely.
3. Address the concern: Provide accurate and relevant information to address the buyer's questions or concerns, without providing unnecessary details.
4. Offer solutions: Suggest appropriate solutions or alternatives that can resolve the buyer's concerns or meet their needs.
5. Be professional and friendly: Maintain a positive and courteous demeanor throughout the conversation to foster a good relationship with the buyer.
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A process that is activated only in response to an actual order is known as which is of the following?
a. make-to-stock
b. engineer-to-order
c. assemble-to-order
d. make-to-order
A process that is activated only in response to an actual order is known as make-to-order.
Make-to-order or made to order, refers to a business production strategy which typically allows the consumers to purchase products that are customized to their specifications.
The make-to-order strategy means that a firm only manufactures the end product once the customer places the order while confirming it. This process is thus activated by the confirmation. This process creates additional wait time for the consumer, but allows for more flexible customization.
Thus, the make-to-order approach waits until a purchase order is created for a product before the advanced planning.
Hence, option D is correct.
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Do you think you should use a zero-based budgeting system? Explain why or why not.
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
Is computer assembly a good job for a teenager? What is his income?
Answer:
yes if the teen educated in computer work.
no if not the person can be under.
annual income can be: $64,000
monthly pay can be: $5,333
for top earners.
75th Percentile :$48,500, $4,041
average pay-
Average: $44,053, $3,671
25th percentile-
25th Percentile $30,500 $, $2,541
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Which is one of the greatest risks of being an entrepreneur?
Damage to reputation
Loss of experience
No control over schedule
Financial instability
Answer:
Financial instability
Explanation:
For the just-completed year, Hanna Company had a net income of $35,000. Balances in the company's current asset and current liability accounts at the beginning and end of the year were as follows:
December 31
End of Year ($) Beginning of Year ($)
Current assets: Cash and cash equivalents 30,000 40,000
Accounts receivable 125,000 106,000
Inventory 213,000 180,000
Prepaid expenses 6,000 7,000
Current liabilities: Accounts payable 210,000 195,000
Accrued liabilities 4,000 6,000
Income taxes payable 34,000 30,000
The Accumulated Depreciation account had total credits of $20,000 during the year. Hanna Company did not record any gains or losses during the year.
Using the indirect method, determine the net cash provided by operating activities for the year.
Cash Flow Statement:
If you wish to know the amount of cash that is going out from the business as well as the total amount of cash that is coming in the business then you can get this information from looking at the cash flow statement.
The net cash provided by operating activities for the year is $13,000.
To calculate the net cash provided by operating activities using the indirect method, adjustments are made to the net income by considering changes in current assets and liabilities.
In this case, we analyze the changes in accounts receivable, inventory, prepaid expenses, accounts payable, accrued liabilities, income taxes payable, and accumulated depreciation.
After making the necessary adjustments, we find that the net cash provided by operating activities is $13,000. This means that the company generated a net inflow of $13,000 from its core operating activities during the year.
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Next, 2 cases will be presented that must be analyzed and where you will use the
concepts of mixed melting point, purity, etc. This must be documented in the part of the
conclusion of the report.
Case #l: A student performs two melting point media on a product
crystalline. In a determination, the capillary tube contains a sample of
approximately 1 to 2 mm in height and the melting range is 141°C to 142°C. In the
another determination, the height of the sample is 4 to 5 mm, and the melting range is
found at 141°C - 145°C. Explain the wider range of observed melting point
for the second sample. The melting point reported in the literature for the compound
is 143°C.
me
Case #2: You have an unknown compound found to be 120°C - 122°C,
based on the physical characteristics it is suspected that the unknown could be acid
Benzoic or succinic anhydride. Mixed melting point test was performed
found that the temperature range was 121°C - 123°C. Indicate the necessary steps
to determine identity and cal could be the same (explain).
In Case #1, the wider melting point range in the second determination suggests the presence of impurities or a mixture of compounds.
In Case #2, the mixed melting point falls within the suspected compounds' range, requiring further tests and comparisons to determine the identity of the unknown compound.
In Case #1, the wider range of observed melting points in the second determination can be attributed to the presence of impurities or a mixture of compounds within the sample. This suggests that the second sample is less pure compared to the first sample and may contain other substances with lower or higher melting points.
In Case #2, the mixed melting point test result falls within the range of the suspected compounds, benzoic acid and succinic anhydride. To determine the identity of the unknown compound, further steps can be taken. First, a comparison of the physical properties of the unknown compound with the known properties of benzoic acid and succinic anhydride can be made.
This includes considerations such as solubility, odor, and appearance. Additionally, other tests like chemical reactions or spectroscopic analysis can be conducted to confirm the identity of the compound. The final identification should be based on a comprehensive evaluation of all the data obtained from various tests and comparisons, ensuring a reliable determination of the unknown compound.
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