Answers
Answer: A. cause incremental cash flows to increase
Explanation:
Incremental Cashflow (ICF) is the added cash that a company gets from embarking on a project which means that this Cashflow must be independent of expenses. If ICF is positive then the company will see it's Cashflow increase if they accept the project because it will contribute to their cash flow.
ICF is calculated from the Net Income of the project but seeing as Depreciation is a non-cash expense that is removed from the Income Statement. In calculating ICF it is added back as ICF deals with actual cash and Depreciation did not cost any actual cash.
More Depreciation therefore means an increase in Incremental Cash flow when it is being calculated from Net Income.
Related Questions
What is an advantage of attending a trade school?
A. Completing the necessary training for a career in
three to four years.
B. Completing the necessary training for a career in a
short period of time.
C. Completing the training for a career for free. D. Completing the necessary training for a career in
four to five years.
Answers
Answer:
I would say it B ............
The importance of attending a trade school is that it would help in the Completion of the necessary training for a career in a short period of time.
What is a trade school?This is a school that is known to help people to acquire the necessary skills that are needed or specific to a particular trade.
These types of schools are vocational institutions that provide the technical skills for the job that is to be done.
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Find the duration of a 6% coupon bond making annual coupon payments if it has three years until maturity and a yield to maturity of 7.9%. What is the duration if the yield to maturity is 11.9%
Answers
Answer:
Duration of the bond = 2.83 years
Explanation:
PMT = 1000*6% = 60
YTM = 7.90%
Year PMT PV of PMT Weight Year*Weight
1 60 55.60704356 0.05847545953 0.05847545953
2 60 51.53572156 0.05419412375 0.1083882475
3 1060 843.8039056 0.8873304167 2.66199125
Sum 950.9466707 2.82885495703
Duration of the bond = 2.82885495703
Duration of the bond = 2.83 years
explain 5 ways in which business studies is a living subject
Answers
Five ways in which business studies is a living subject:
Evolving technologiesEconomic shiftsChanging consumer preferencesSustainability and ethical issuesGlobalizationHow is business studies a living object ?Business studies is an ever-evolving subject that continuously updates itself to reflect the latest developments and trends in the contemporary business environment. The dynamic global economy, characterized by recessions, inflation, and changing trade policies, can have significant consequences on businesses. It compels them to adapt quickly in order to remain profitable.
Furthermore, as society shows a growing inclination towards sustainability and ethical concerns, businesses must incorporate these principles into their practices. This highlights the importance of keeping up-to-date with these changes for students studying in business studies so they can gain success in today's innovative business world.
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Economical Environment
Political Environment
Social Environment
Legal Environment
Technological Environment
Advantages
OF quantitative approach of
Management
Answers
Answer:
Quantitative approach of Management refers to a managerial technique that relied on rigid calculations (such as statistics or computer simulations) in order to improve the decision making.
Here are the advantages:
- The decision making process occurred a lot quicker since the managers can relied on computers to analyze all the relevant factors
- Cost benefit analysis can be more accurate since it completely disregard the personal biases of the manager.
- Results between each decisions implementation can be measures easily since it's displayed on numerical value.
You are given the following facts about a 40% owner of an S corporation, and you are asked to prepare her ending stock basis.
Owner's beginning stock basis $36,800
Increase in AAA 32,000
Increase in OAA 6,300
Payroll tax penalty 2,140
Tax-exempt interest income 4,800
Life insurance premiums paid (nondeductible) 2,700
Owner's purchases of additional stock 22,000
Answers
Answer:
$74,120
Explanation:
Preparation of her ending stock basis
ENDING STOCK BASIS:
Beginning stock basis $36,800
Add:Increase in AAA $12,800
(.40 * $32,000)
Add:Increase in OAA $2,520
(.40 * $6,300)
Add:Stock purchase $22,000
Total Ending stock basis $74,120
Therefore her ending stock basis is $74,120
briefly explain how the decision support system resolved the problems experienced by the railways
Answers
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
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For Accounting, I need help knowing how to journalize the following transaction:
Paid freight bill of $70 on September 3 purchase.
The accounts that are available to use are:
- Accounts Payable
- Accounts Receivable
- Cash
- Cost of Goods Sold
- Delivery Expense
- Estimated Returns Inventory
- Freight In
- Merchandise Inventory
- Purchase Discounts
- Purchase Returns and Allowances
- Purchases
- Refunds Payable
- Sales Revenue
I'd appreciate any help I can get with this!
Answers
Answer:
SI PAPIIIII
ExplanatioLOLn:
TE AMO
How to do a journal entry for this worksheet?
Answers
The Journal entries for the respective entries are given below.
What are the journal entries?A. July 1
Petty Cash Fund Dr. $745
Cash Cr. $745
B. Replenishing the Petty Cash Fund on an unspecified date:
Store Supplies Expense Dr. $57
Miscellaneous Selling Expense Dr. $88
Cash Cr. $145
Petty Cash Fund Cr. $145
C. December 31
Store Supplies Expense Dr. $X (amount of missing funds)
Miscellaneous Selling Expense Dr. $Y (amount of missing funds)
Cash Cr. $119
Petty Cash Fund Cr. $X + $Y (sum of missing funds)
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What step of the scientific method involves a cosmetologist trying to determine what is behind a clients issue that needs to be addressed? 
A) Identify the problem
B) Develop the explanation
C) Predict future events
D) Test predictions
I’m so stuck on this question cause I would say all of above but there is no selection for that so I just want a second opinion.
Answers
Answer:
A) Identify the problem is the correct answer.
Explanation:
The scientific method is a systematic approach to solving problems and answering questions that involves the following steps:
Identify the problem: This is the first step in the scientific method and involves identifying a problem or question that needs to be addressed. In the case of a cosmetologist trying to determine what is behind a client's issue, this step would involve identifying the specific problem that needs to be addressed, such as a particular skin condition or hair issue.
Develop a hypothesis: After the problem has been identified, the next step is to develop a hypothesis, or an educated guess, about what might be causing the problem.
Test the hypothesis: The third step involves conducting experiments or observations to test the hypothesis.
Analyze the results: This step involves analyzing the data collected during the testing phase to see if the hypothesis was supported or not.
Draw conclusions: Based on the analysis of the results, the final step is to draw conclusions about the problem and communicate the findings to others.
Therefore, the step of the scientific method that involves a cosmetologist trying to determine what is behind a client's issue that needs to be addressed is A) Identify the problem.
The mean amount spent by a family of four on food per month is $507 with a standard deviation of $79. Assuming that the food costs
are normally distributed, what is the probability that a family of four spends more than $600 per month on food?
Select one:
O a. 1.18
b. 0.3810
O c. 0.8810
O d. 0.1190
Clear my choice
What is the probability of a value occurring between the mean and a z-Value of 1.26?
Select one:
O a. 0.0793
b. 0.1026
O c.
0.3849
O d. 0.3962
Clear my choice
Answers
The mean amount spent by a family of four on food per month is $507 with a standard deviation of $79. Assuming that the food costs are normally distributed, the probability that a family of four spends more than $600 per month on food is 0.1190.
Probability is the branch of mathematics concerning numerical descriptions of however doubtless an associate event is to occur, or how likely it's that a proposition is true. The chance of an occasion could be a range between zero and one, where, roughly speaking, 0 indicates the impossibility of the event and 1 indicates certainty. The higher the probability of an event, the lot of likely it is that the event can occur. a straightforward example is the moving of a good coin. Since the coin is fair, the 2 outcomes are each equally probable; the probability of "heads" equals the probability of "tails"; and since no alternative outcomes are possible, the chance of either "heads" or "tails" is 1/2.
These ideas are given an axiomatic mathematical systematization in probability theory, that is employed widely in areas of study such as statistics, mathematics, science, finance, gambling, artificial intelligence, machine learning, computer science, game theory, and philosophy, for example, draw inferences concerning the expected frequency of events. applied math is additionally accustomed describe the underlying mechanics and regularities of complex systems.
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Systems that are considered adversarial in nature because opposing parties present their arguments before a neutral fact finder, who determines which side met its burden of proof, are known as systems. Multiple Choice Clow Common low PODC
Answers
Systems that are seen as being adversarial in nature are called adversarial systems because opposing parties make their cases in front of a fact-finder who is impartial and who decides which side has fulfilled its burden of proof.
An impartial individual or group of people, typically a judge or jury, who try to ascertain the truth and pass judgment in accordance with it, is presented with two advocates presenting their parties' case or position under the adversarial system, also known as the adversary system.
In common law countries. In contrast, a judge conducts an investigation under the inquisitorial system employed in some civil law systems (such as those derived from Roman law or the Napoleonic code).
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How can social media help employers during the hiring process ? Check all that apply
Answers
Social Media often provides a place for employers to begin their search, social media can fill in gaps on resumes or provide additional details, some sites can be a platform for recruiters to promote job openings.
Explanation: just got it right e2020
Employers frequently start their search on social media; it can complete information gaps on resumes or provide new information, and some sites can be used as a platform by recruiters to advertise job openings.
What is media?The term media, which is the word form of medium, refers to the human activity channels through which we disseminate news, music, movies, education, promotional messages, and other data This can include anything from black and white paper to digital data and includes art, news, educational content and numerous other forms of information.
Social media sites can be used to advertise job openings, find prospects, and confirm applicant backgrounds. Promote your employer brand. Sharing media about corporate values and employee events can assist build an employer brand to draw potential employees and clients.
Social media platforms provide human resources hiring departments with significantly more candidate information than they would have otherwise had at their fingertips. Employers have typically been restricted to the data that candidates include on their paper resumes.
Therefore, Thus option (B) is correct.
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Essential state-of-the-art operating and information systems that support company strategies and value-creating internal processes include all of the following except:_________
a. customer database systems.
b. information systems to track supplier/partner/collaborative ally data.
c. human resources systems that maintain employee data.
d. data management systems for undertaking benchmarking, TQM, and Six Sigma quality control.
e. systems to record and report financial performance data.
Answers
Essential state-of-the-art operating and information systems that support company strategies and value-creating internal processes include all of the following except data management systems for undertaking benchmarking, TQM, and Six Sigma quality control. Hence, option D is appropriate.
What is the meaning of data management systems?Data management systems are computer programs that enable the storing, retrieving, and processing of data requests. Users can create, read, modify, and remove data in databases using a DBMS, which acts as a link between them and the databases.
Within an organization, data management entails gathering, storing, analyzing, and exchanging data. Every company that generates or uses digital data, especially those with significant data quantities, stands to gain from data management.
Database administration program. Data management systems (DBMS), according to Connolly and Begg, are "software systems that enable users to define, construct, maintain, and govern access to the database."
Concurrency, safety, backup and recovery, integrity, and data descriptions are just a few of a DBMS's features. Database management systems offer several significant advantages, but their implementation can be expensive and time-consuming. Hence, option D is correct.
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Golden glow (Pty) Ltd is a retailer of industrial machinery. The machinery sold by Golden glow (Pty) Ltd is purchased from
local manufacturers. In recent years, Golden glow has also started manufacturing machines for the retail market. Golden
glow has two retail outlets: one in Durban and one in Johannesburg. The manufacturing operation as well as bulk storage of
stock is housed in a building in Johannesburg. The following information is provided for the year ended 28 February 2023.
Sales
Purchases at cost:
Machines for retail
Components for the manufacturing process
Consumable stores
A new manufacturing machine (for use in the manufacturing process
Spare parts for the manufacturing machine
In June 2022, Golden glow (Pty) Ltd removed on of the machines that it had acquired for
resale from stock and installed it in the factory for use in the manufacturing process. The
machine had been acquired in March 2022 for R100 000. At the time that it was take out of
stock, the machine's market value was R130 000.
Opening stock on hand at 1 March 2022 was as follows:
Machines for retail
Work in progress (i.e. machines being manufactured)
Consumable stores
Labour and direct overhead costs in respect of the manufacturing process
Stock on hand (at cost) at 28 February 2023 comprised:
Machines acquired for retail
A certain model of machine was considered to be obsolete. There were two such machines
on hand. The machines had cost R20 000 each. The commissioner will allow these
machines to be reflected at 50% of their cost.
Work in progress
Components used
Labour and direct overheads
Spare parts
Consumable stores
Other tax allowances and deductions of for the year.
R25 000 000
Purchase of a new printer for cash
(Purchased and brought into use on 30 June 2022).
Delivery and transport charges
Installation costs.
R10 000 000
R2 000 000
R500 000
R200 000
R30 000
Question 1
R2 000 000
R500 000
R20 000
R4 000 000
R1 220 000
R28 000
R22 000
R30 000
R150 000
(The installation costs were incurred when an electrical power point had to be relocated to
provide power to the printer.)
Foundation alterations
(Strengthening floor to hold the weight of the printer)
The company commenced with the erection of its own factory on 1 December 2022. At 29
Required:
Compute Golden glow (Pty) Ltd's taxable income for the year ended 28 February 2023
R2 800 000
R32 000
February 2023 (the company's year-end), R3 000 000 (excluding VAT) had been incurred on
the construction of the factory.
R1 000
R750
The factory was completed on 31 December 2023 at a total cost of R18 000 000 (excluding
VAT). Juba Ltd used the factory for the first time in January 2023.
R1 500
The company registered its environmentally friendly logo as a trade mark to be included on R38 800
all future product packaging.
As Sets
(30 Marks)
Solution
Answers
The computations for the Golden glow (Pty) Ltd's taxable income for the year ended 28 February 2023 are as follows:
What are the taxable income for the Golden glow (Pty)?Below are the taxable incomes:
Sales for the year ended 28 February 2023:
R25 000 000
Purchases at cost:
Machines for retail: R2 000 000
Components for the manufacturing process: R500 000
Consumable stores: R20 000
Total purchases: R2 520 000
Cost of goods sold:
Opening stock:
Machines for retail: R1 220 000
Work in progress: R28 000
Consumable stores: R22 000
Total opening stock: R1 270 000
Add: Purchases during the year: R2 520 000
Less: Closing stock:
Machines for retail: R1 500 000
Work in progress: R30 000
Components used: R750
Labour and direct overheads: R38 800
Spare parts: R150 000
Consumable stores: R1 220
Obsolete machines: R20 000 x 2 x 50% = R20 000
Total closing stock: R1 741 770
Cost of goods sold: R2 048 230
Gross profit: R22 951 770
Other income:
Tax allowances and deductions: R32 000
Total income: R22 983 770
Expenses:
Delivery and transport charges: R10 000 000
Installation costs (including foundation alterations): R2 200 000
Depreciation on machinery (excluding the machine transferred to manufacturing): R4 000 000 / 5 = R800 000
Depreciation on the new printer: (R2 000 000 + R500 000 + R30 000) / 5 = R506 000
Total expenses: R12 506 000
Taxable income: R10 477 770
It is worthy of note that:
The cost of new production machines is not taken into account. Labor costs and direct and indirect costs related to the production process per year are included in the cost of sales. The cost of building the plant is considered separately as a capital cost and is not included.learn more about taxable income: https://brainly.com/question/1160723
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Question 4 (4 points)
Match each Type of Sales Channel to its corresponding description.
>
Selling products in bulk
to various outlets or
retailers for onward
sale.
When a brand or
manufacturer sells
direct to consumers
and the end users of
their products, as
opposed to selling to
them solely through
retailers.
Selling products directly
to end customers for a
profit, either in-store,
online, mail-order, or
by phone.
Businesses that sell to
other businesses who
are the intended end
user of the product.
1. Retail.
2. Wholesale
3. Direct to Consumer
4. B2B
Answers
Based on business and trading methods, the type of sales channel, that matches the description can be any of the following Retail, Wholesale, Direct Consumer, or B2B.
What are Sales Channels?The Sales Channel is a term that is used to describe the ways or methods in which producers sell their products. This method can either be through direct or indirect routes.
Considering the available descriptions we have the following sales channel matching them.Wholesale: Selling products in bulk to various outlets or retailers for onward sale.Direct to Consumer: When a brand or manufacturer sells direct to consumers and the end users of their products, as opposed to selling to them solely through retailers.Retail: Selling products directly to end customers for a profit, either in-store, online, by mail-order, or by phone.B2B: Businesses that sell to other businesses who are the intended end user of the product.Hence, in this case, it is concluded that each of the types of sales channels has its peculiarities that producers may choose to utilize.
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Grape Vineyards LLC, the members of which include Howie and Ilya, can hold title to property because as a limited liability company the firm is
Answers
Answer:
A legal person
Explanation:
Limited liability company is a legal entity that is seperate from its owners. The owners of the company are only liable to pay the debts the companies owes to the extent of capital invested.
Also the company is allowed to own property that is not directly owned by the members.
As a legal person Grape Vineyards LLC can hold title to property.
There is no upper limit for members of a limited liability company.
The owners can therefore be distinct legally from the company as regards debts owed or property owned
Benjamin purchased several assets in 2021 that meet the requirements for a Section 179 expense deduction. Because his total cost of $2,800,000 exceeds $2,620,000, his Section 179 expense deduction is limited to ________.
Answers
The complete statement is "Benjamin purchased several assets in 2021 that meet the requirements for a Section 179 expense deduction. Because his total cost of $2,800,000 exceeds $2,620,000, his Section 179 expense deduction is limited to 870,000" Option C
What is expense deduction?Generally, As the total cost exceeds $2,620,000
$2,800,000 - $2,620,000 = $180,000
Where the Limit of section 179 = $1,050,000
In conclusion, The maximum allowable limit of $1,050,000 will have an additional sum of $180,000 deducted from it.
Therefore, the total deduction that may be taken is.
$1,050,000 - $180,000 = $870,000
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CQ
Benjamin purchased several assets in 2021 that meet the requirements for a Section 179 expense deduction. Because his total cost of $2,800,000 exceeds $2,620,000, his Section 179 expense deduction is limited to ________.
$20,000
$320,000
$870,000
$1,050,000
In a research experiment, Priya hears the following list of words:
orange, belt, table, swing, cheese, walk, sting, camel, shell, tan, ivy, cola, plane,
screen, egg. When the list is completed, which of the following words will Priya be
least likely to recall?
a)
Orange
b) Cola
c) Table
d) Camel
Answers
Answer:
orange
hope this answer may help you
Explanation:
option B, Cola is the correct answer.
hope this helps you.
Seth Bullock, the owner of Bullock Gold Mining, is evaluating a new gold mine in South Dakota. Dan Dority, the company’s geologist, has just finished his analysis of the mine site. He has estimated that the mine would be productive for eight years, after which the gold would be completely mined. Dan has taken an estimate of the gold deposits to Alma Garrett, the company’s financial officer. Alma has been asked by Seth to perform an analysis of the new mine and present her recommendation on whether the company should open the new mine.
Alma has used the estimates provided by Dan to determine the revenues that could be expected from the mine. She also has projected the expense of opening the mine and the annual operating expenses. If the company opens the mine, it will cost $675 million today, and it will have a cash outflow of $50 million nine years from today in costs associated with closing the mine and reclaiming the area surrounding it. The expected cash flows each year from the mine are shown in the nearby table. Bullock Gold Mining has a 12 percent required return on all of its gold mines.
Year 0 = -675 000 000 Year 1= 90 000 000 Year 2= 135 000 000 Year 3= 204 000 000 Year 4= 235 000 000 Year 5= 210 000 000 Year 6= 164 000 000 Year 7= 108 000 000 Year 8= 86 000 000 Year 9= -50 000 000
A. calculate the payback period, internal rate of return, modified internal rate of return, and the net present value of the proposed mine.
B. Based on your analysis, should the company open the mine?
Answers
a)Payback Period ≈ 5.21 year. IRR, which is approximately 15.73%.MIRR ≈ 10.60%.NPV ≈ -32,709,032.36
b)The company's risk tolerance, long-term strategic goals, and market conditions, to make a final decision on whether to open the mine.
A. To calculate the payback period, internal rate of return (IRR), modified internal rate of return (MIRR), and net present value (NPV), we will use the provided cash flows and the required return of 12 percent. Here are the calculations:
Payback Period:
The payback period is the time it takes for the initial investment to be recovered. We sum up the cash flows until they reach or exceed the initial investment.
Year 0: -675,000,000
Year 1: 90,000,000
Year 2: 135,000,000
Year 3: 204,000,000
Year 4: 235,000,000
Year 5: 210,000,000
Year 6: 164,000,000
Year 7: 108,000,000
Year 8: 86,000,000
Year 9: -50,000,000
The payback period occurs between Year 5 and Year 6 when the cumulative cash flows exceed the initial investment. To calculate the exact payback period, we need to interpolate:
Payback Period = Year 5 + (Initial Investment - Cumulative Cash Flow at Year 5) / Cash Flow at Year 6
Payback Period = 5 + (675,000,000 - 874,000,000) / 164,000,000
Payback Period = 5 + (-199,000,000) / 164,000,000
Payback Period ≈ 5.21 years
Internal Rate of Return (IRR):
The IRR is the discount rate that makes the NPV of the cash flows equal to zero. We can use a financial calculator or software to find the IRR, which is approximately 15.73%.
Modified Internal Rate of Return (MIRR):
The MIRR adjusts for the reinvestment rate of the cash flows and is generally considered a more realistic measure. To calculate the MIRR, we need to specify the reinvestment rate. Let's assume a reinvestment rate of 10%.
MIRR = (Future Value of Positive Cash Flows / Present Value of Negative Cash Flows)^(1/Number of Years) - 1
MIRR = ((210,000,000 / (675,000,000 - 50,000,000))^(1/9) - 1) * (1 + 10%)
MIRR ≈ 10.60%
Net Present Value (NPV):
The NPV is the present value of cash inflows minus the present value of cash outflows, discounted at the required return of 12%.
NPV = Sum of [(Cash Flow / (1 + Required Return)^Year)]
NPV = 90,000,000 / (1 + 0.12)^1 + 135,000,000 / (1 + 0.12)^2 + ... + (-50,000,000 / (1 + 0.12)^9) - 675,000,000
NPV ≈ -32,709,032.36
B. Based on the analysis:
The payback period is approximately 5.21 years.
The IRR is approximately 15.73%.
The MIRR is approximately 10.60%.
The NPV is approximately -$32,709,032.36.
Considering the results, the payback period is shorter than the eight-year mine life, indicating a positive outcome. The IRR is higher than the required return of 12%, suggesting the project could be profitable. However, the MIRR is lower than the IRR, which may indicate less favorable reinvestment assumptions. Lastly, the NPV is negative, indicating that the project's present value of cash flows is lower than the initial investment.
Based on these findings, it is recommended to evaluate the results in conjunction with other factors, such as the company's risk tolerance, long-term strategic goals, and market conditions, to make a final decision on whether to open the mine.
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The owners of all the Chrysler auto dealerships in a large metropolitan area have an informal meeting during a golf outing. During the meeting, they agree to limit
their orders of a new model of automobile that has received excellent reviews from the trade press for its styling and handling characteristics. Restricting orders will
permit the dealers to sell these models at a price that will be at or above the manufacturer's
suggested retail price for the vehicle. As a result, the dealers will make
more profit on each vehicle sold, due to the high demand for the new model. This type of agreement would be viewed by the courts as
Multiple Choice
horizontal collusion that is illegal
horizontal collusion that is legal.
vertical collusion that is legal
vertical collusion that is illegal
an exclusive distribution arrangement that is legal
help please
Answers
Answer:
the second one is it
Explanation:
i think
Which of the following correctly outlines the corporate social responsibility spectrum reading from left to right? A. Free market conservatives, mainstream corporate managers, progressive civil societies, and radical Progressives. B. Radical Progressives, mainstream corporate managers, progressive civil societies, and free market conservatives. C. Free market conservatives, progressive civil societies, and radical Progressives. D. Radical Progressives, progressive civil societies, mainstream corporate managers, and free market conservatives.
Answers
Radical progressives, mainstream corporate managers, progressive civil societies, and the free market conservatives correctly outlines corporate social responsibility spectrum reading from the left to right.
What is free market?Free market is an economic system where the prices of goods and services are determined by supply and demand in the market, rather than by government intervention. In a free market, individuals and businesses are free to engage in voluntary transactions without interference from the government, except to enforce laws and regulations to protect property rights and ensure fair competition. Free market advocates believe that the competition created by the market leads to increased efficiency, innovation, and consumer welfare. However, critics argue that a completely free market can result in income inequality and monopolies that stifle competition. Many countries have a mixed economy that combines free market principles with government regulation and intervention in certain areas, such as healthcare, education, and infrastructure.
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You live in a town with 300 adults and 200 children, and you are thinking about putting on a play to entertain your neighbors and make some money. A play has a fixed cost of $2,000, but selling an extra ticket has zero marginal cost. Here are the demand schedules for your two types of customers:
Price (Dollars) Adults (Tickets) Children (Tickets)
20 0 0
18 25 0
16 50 0
14 100 0
12 150 0
10 200 0
8 300 25
6 300 50
4 300 100
2 300 150
0 300 200
To maximize profit, you would charge _____ (number) for an adult's ticket and _____ (number) for a child?s ticket. Total profit in this case would be _____ (number).
The city council passes a law prohibiting you from charging different prices to different customers.
Now you set a price of _____(number) for all tickets, resulting in _____(number) in profit.
Indicate whether each of the following groups of people is better off, worse off, or the same because of the law prohibiting price discrimination.
Groups of People Better Off Worse Off Unchanged
Adults
Children
You, the Producer
Suppose the fixed cost of the play were $2,600 rather than $2,000.
Complete the following sentences indicating how this would change your answers to the previous parts.
In the presence of price discrimination, the adult price of a ticket would _____ (increase, decrease, remain the same), and the child price would _____ (increase, decrease, remain the same). Total profit would _____ (rise, fall) to (number).
If price discrimination were banned and the monopolist continued to produce the play no matter what the profit, the price of a ticket would _____ (increase, decrease, remain the same), and total profit would _____ (rise, fall) to _____ (number).
Answers
Answer:
Explanation:
To maximize profit, you would charge $8 for an adult's ticket and $4 for a child?s ticket. Total profit in this case would be $800.
The city council passes a law prohibiting you from charging different prices to different customers.
Now you set a price of $8 for all tickets, resulting in $600 in profit.
Indicate whether each of the following groups of people is better off, worse off, or the same because of the law prohibiting price discrimination.
Groups of People Better Off Worse Off Unchanged
Adults x
Children x
You, the Producer x
Suppose the fixed cost of the play were $2,600 rather than $2,000.
Complete the following sentences indicating how this would change your answers to the previous parts.
In the presence of price discrimination, the adult price of a ticket would remain the same, and the child price would remain the same. Total profit would fall to $200.
If price discrimination were banned and the monopolist continued to produce the play no matter what the profit, the price of a ticket would remain the same, and total profit would fall to $0.
why is marketing research important to a business enterprise { essay }
Answers
Answer:
Market research can identify how customers and potential customers might view your business and identify gaps in customer expectations. This is powerful information to have when completing your marketing strategy. Having good market intelligence helps to minimise risks when making key business decisions.
Explanation:
hope it helps and can I have brainless.
What business name could I use if I am selling masks? Ideas?
Answers
Answer:
Jordans Mask shop
Explanation:
...... .....
Suppose that you can sell as much of a product (in integer units) as you like at $68 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC = 9q. This means that each unit costs more to produce than the previous one (e.g., the first unit costs 9*1, the second unit (by itself) costs 9*2, etc.). If fixed costs are $60, what is the optimal output level?
Answers
Answer:
8 units
Explanation:
P = $68 per unit
MC = 9q
Fixed cost = $60
It is noted that seller can sell as much as a product at $68 per unit. This means that the firm is price taken, hence, it is case of perfect competition.
For a perfectly competitive firm, the optimal output is at: P = MC
i.e. 68 = 9q
=> q = 68/9
=> q = 7.556
> q = 8
So, the optimal output level is 8 units.
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
Answers
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
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6. Why do employees often feel that appraisals “highlight all the bad things they did all year?”
Answers
Explanation: This is accepted by many employees that their senior discriminate them on aspects of gender, race, colour, etc in spite of work performance only. They claim to take personal revenge too sometimes. So this is a danger for work ethics
Answer:
Explanation:
Performance appraisal is the method by which the performance of an employee is determined by the employer. It's main purpose is to eliminate the performance deficiencies of the employees. It is a part of career management.
The appraisals stress on the need to have more efficient employee and the deficiencies of the employee pointed out by the appraisal are overcome by the employee by taking the required training. Thus the employees feel that appraisals highlight all the bad things they did al year.
What was Joy’s first invention? What did she wish her parents had done with it originally to make it successful?
Answers
The first invention that Joy had to her name was a dog collar.
Her wish was that her parents had patented the collar and gotten a lawyer to make it successful.
Who is Joy Mangano?Joy Mangano is an inventor that has many patents to her name. Her first invention was a type of dog collar which had a quick release.
For it to have been successful, she wishes that her parents her got a lawyer and patented her design so that they would have produced the collar and profited from it.
Find out more on patents at https://brainly.com/question/7651401.
Which one of the following taxes are NOT a mandatory, or
required deduction from your paycheck?
Federal Income Tax
O Retirement Savings
O State Income Tax
O FICA
Answers
State Income Tax can be deducted from paycheck.
State Income Tax are NOT a mandatory, or required deduction from your paycheck. Thus, its C.
What is State Income Tax?The majority of U.S. states also levy a state income tax in addition to the federal income tax that the nation as a whole collects. Several municipal governments also charge an income tax, frequently based on calculations made for the state income tax.
Individuals are subject to income taxes in 42 states and several localities in the US. A ninth state, New Hampshire, levies an income tax on individuals on dividend and investment income but not on other types of income.
Eight states have no state income tax. The income of companies is taxed by 47 states and numerous cities.
A fixed or graduated rate of state income tax is levied on the taxable income of individuals, businesses, and certain charities and trusts. Both the state and entity type tax rates are different.
Learn more about State Income Tax, here
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Since the idea of ugly Christmas sweaters already existed, what key factors led to Jack McCarthy’s turning it into a business opportunity? (5 Marks). 2. What are some advantages a teenager might have over an experienced adult when it comes to recognizing and implementing a business opportunity? (5 Marks). 3. What external factors boosted or hindered or could boost or hinder McCarthy’s business startup? How did he overcome the obstacles that hindered his entrepreneurship journey? What other external factors are likely threats to his business and how would you handle them if you were him? (15 Marks). 4. Justify whether McCarthy’s older sister was an entrepreneur or non-entrepreneur. (2 Marks) What differences have you noticed between McCarthy and his older sister in relation to entrepreneurship? (4 Marks). 5. If you were in McCarthy’s position as a business student who already headed a highly successful enterprise, what would your career goals be? (3 Marks) Explain the reasons for the goals you propose. (5 Marks) 6. You played the game of a ‘Jigsaw Puzzle’ and the game of a ‘Pieces of Fabrics’ for unique clothes for the market. Justify which logic in entrepreneurship does each of these games represent?
Answers
Answer:
1. Jack McCarthy recognized the growing trend of ugly Christmas sweaters and saw an opportunity to turn it into a business. He also had access to a large inventory of vintage sweaters through his family's thrift store, which gave him a unique advantage. Additionally, he utilized social media to market his products and reach a wider audience.
2. A teenager might have a fresh perspective and be more in touch with current trends and popular culture. They may also have more free time and fewer financial responsibilities, allowing them to take risks and invest more time and energy into their business.
3. External factors that boosted McCarthy's business include the growing popularity of ugly Christmas sweaters and the use of social media for marketing. However, he also faced obstacles such as competition from other sellers and the need to constantly source new inventory. To overcome these challenges, he focused on providing unique and high-quality products and building a strong brand identity. Potential threats to his business could include changes in fashion trends or a decrease in demand for ugly Christmas sweaters. To handle these threats, he could diversify his product offerings or pivot to a different niche.
4. It is difficult to determine whether McCarthy's older sister was an entrepreneur or non-entrepreneur without more information about her business endeavors. However, it is clear that there are differences between McCarthy and his sister in terms of their entrepreneurial spirit and willingness to take risks.
5. If I were in McCarthy's position, my career goals would be to continue growing my business and expanding into new markets. I would also aim to become a thought leader in the fashion industry and use my platform to promote sustainable and ethical practices.
6. The logic behind the Jigsaw Puzzle game represents the importance of identifying and piecing together different elements to create a cohesive and successful business. The Pieces of Fabrics game represents the need to be creative and innovative in order to stand out in a crowded market.