Answers
In the execution phase of a project's life cycle, activities are guided by decisions that were made in the option B. planning phase
How crucial is the planning process, and what does it entail?In order to ensure project success, all project procedures and activities must be planned during the planning phase. The PMP is a comprehensive collection of plans that will be used to manage the project from this phase through project completion.
Therefore, in this stage, you have to decide the steps to really accomplish the project goals during the planning phase—the "how" of project completion. You'll set up spending limits, deadlines, and checkpoints, as well as the sources and required paperwork.
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Related Questions
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data:Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLaborDebbie 53,000 $ 19.00 $ 4.60 $ 4.40Trish 45,000 $ 7.00 $ 1.40 $ 1.76Sarah 38,000 $ 29.00 $ 6.89 $ 6.80Mike 32,000 $ 13.00 $ 2.30 $ 5.20Sewing kit 328,000 $ 8.30 $ 3.50 $ 1.36The following additional information is available: The company’s plant has a capacity of 137,510 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products.The direct labor rate of $8 per hour is expected to remain unchanged during the coming year.Fixed manufacturing costs total $550,000 per year. Variable overhead costs are $2 per direct labor-hour.All of the company’s nonmanufacturing costs are fixed.The company’s finished goods inventory is negligible and can be ignored.Required:1. How many direct labor hours are used to manufacture one unit of each of the company’s five products?2. How much variable overhead cost is incurred to manufacture one unit of each of the company’s five products?3. What is the contribution margin per direct labor-hour for each of the company’s five products?4. Assuming that direct labor-hours is the company’s constraining resource, what is the highest total contribution margin that the company can earn if it makes optimal use of its constrained resource?5. Assuming that the company has made optimal use of its 137,510 direct labor-hours, what is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)?
Answers
Answer:
Explanation:
Requirement 1 and Requirement 2:
Debbie Trish Sarah Mike Sewing Kit
Direct Labor Cost (a) $4.40 $1.76 $6.80 $5.20 $1.36
Labor Cost per hour (b) $8 $8 $8 $8 $8
Required 1 Direct labor hour used ( c) = (a/b) 0.55 0.22 0.85 0.65 0.17
Variable Overhead cost per hour (d) $2 $2 $2 $2 $2
Required 2 Variable Overhead cost ( e) = (c x d) $1.10 $0.44 $1.70 $1.30 $0.34
Requirement 3:
Particulars Debbie Trish Sarah Mike Sewing Kit
Selling Price Per Unit $19.00 $7.00 $29.00 $13.00 $8.30
Less: Variable Cost
Direct Material Cost $4.60 $1.40 $6.89 $2.30 $3.50
Direct Labor cost $4.40 $1.76 $6.80 $5.20 $1.36
Variable Overhead cost $1.10 $0.44 $1.70 $1.30 $0.34
Contribution Margin (a) $8.90 $3.40 $13.61 $4.20 $3.10
Direct Labor hour used (b) 0.55 0.22 0.85 0.65 0.17
Required 3 Contribution Margin per direct labor hour (a/b) $16.18 $15.45 $16.01 $6.46 $18.24
Ranking 2 4 3 5 1
Requirement 4:
Debbie Trish Sarah Mike Sewing Kit Total
Demand Next Year…..(a) 53,000 45,000 38,000 32,000 328,000
Direct Labor hour used….(b) 0.55 0.22 0.85 0.65 0.17
Total direct labor hour needed…..(c ) = (a x b) 29150 9900 32300 20800 55760 147910
Ranking 2 4 3 5 1
Direct Labor hour used…(g) 29150 9900 32300 10,400 55760 137510
Contribution per direct labor hour..(e ) $16.18 $15.45 $16.01 $6.46 $18.24
Required 4 Total Contribution….(f) = (c x g) $471,647.00 $152,955.00 $517,123.00 $67,184.00 $1,017,062.40 $2,225,971.40
Requirement 5:
Additional Contribution due to additional capacity = (147,910 - 137,510) x $6.46
...............................................................................= 10,400 x 6.46
...............................................................................= $67,184
Highest direct labor rate per hour = $8 + $6.46
......................................................= $14.46
Suppose eggs are only sold by the dozen and priced in whole dollar amounts. No eggs are demanded at a price above $7 per dozen. At a price equal to $7 per dozen, 10 dozen eggs are demanded. If the price falls to $6 per dozen, then 11 dozen are demanded. At a price of $5 per dozen, 12 dozen are demanded. When the price falls to $4 then 13 dozen are demanded. Suppose also that this market is operating in the short run and the quantity of eggs supplied is fixed at 12 dozen eggs. What is the total consumer surplus in this market at this equilibrium price?
Answers
The equilibrium price is $6 per dozen, and the total consumer surplus at this price is $6.
Since the demand is for whole dozens of eggs, the consumer surplus can be calculated as the difference between the maximum amount a consumer is willing to pay and the equilibrium price, multiplied by the quantity demanded.
At $6 per dozen, the total consumer surplus is (7-6)*10 + (6-6)*11 + (5-6)*12 + (4-6)*13 = $6.
How would a technological advancement that reduces the cost of egg production affect the equilibrium price and quantity in this market, all else being equal?A technological advancement that reduces the cost of egg production would shift the supply curve to the right, increasing the quantity of eggs supplied at every price point. This would lead to a lower equilibrium price and a higher equilibrium quantity of eggs sold. Consumers would benefit from lower prices, while producers would benefit from increased sales. Overall, the market would become more efficient and potentially more competitive as a result of the technological improvement.
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The following model is a simplified version of the multiple regression model used by
Biddle and Hamermesh (1990) to study the trade-off between time spent on sleeping and working
and to look at other factors affecting sleep:
Where sleep and totwrk (total work) are measured in minutes per week and educ and age are
measured in years.
A. If adults trade off sleep for work, what is the sign of ?
B. What signs do you think and will have?
Using the data we estimated the equation and obtained (the standard errors in brackets):
Sleep = 3.638.25 - 0.148 totwrk - 11.13 educ + 2.20age
(112.28) (0.017) (5.88) (1.45)
n = 706 R2 = 0.113
C. Is either educ or age individually significant at the 5% level against a two-sided
alternative?
Dropping educ and age from the equation gives
Sleep = 3.586.38 - 0.151 totwrk
(38.91) (0.017)
n = 706 R
2
= 0.103
Are educ and age jointly significant in the original equation at the 5% level?
D. Does including educ and age in the model greatly affect the estimated trade-off between
sleeping and working?
E. Suppose that the sleep equation contains heteroskedasticity. What does it mean about the
tests computed in B and D
Answers
Answer:
A. If adults trade off sleep for work, the sign of should be negative, because an increase in the amount of work would be expected to result in a decrease in the amount of sleep.
B. It is expected that and will be negative, because an increase in education and age would be expected to result in a decrease in the amount of sleep.
C. Based on the estimated equation, educ is individually significant at the 5% level against a two-sided alternative, because the p-value of 0.000 is less than 0.05. Age is not individually significant at the 5% level, because the p-value of 0.139 is greater than 0.05.
D. Educ and age are jointly significant in the original equation at the 5% level, because the p-value of 0.000 is less than 0.05.
E. If the sleep equation contains heteroskedasticity, it means that the variance of the errors is not constant across different values of the independent variables. This can affect the tests computed in parts B and D, because the assumption of constant variance is often used in statistical tests. Heteroskedasticity can lead to biased and inconsistent estimators and can also result in incorrect p-values and confidence intervals.
Explanation:
Question 1: Topic - Bank Reconciliation
The 2020 June bank statement of Wheeler Ltd has just been received from its bankers. The owner, Ken
Wheeler, has been quietly monitoring internal controls over few months and has sufficient grounds to
believe that cash is being misappropriated in his business. He has approached an accounting consultant,
Tony, to verify his accounting records and confirm his worst fears. Tony is supplied with the
reconciliation statement at the end of last month together with the cash records and the most recent bank
statement of Wheeler Ltd.
Last Month’s Reconciliation statement is presented below:
Bank Reconciliation Statement as at 31 May 2020
($)
Balance as per Bank Statement 30 April 2020 4328.90 Cr
Add: Outstanding Deposit 1224.50
5553.40
Less: Unpresented Cheques 223.70
Balance per Cash at Bank Account at 31 May 2020 $5329.70 Dr
The total of the cash receipts journal for June is $64,776.30 and the total of the cash payments journal is
$63,265.60. The current bank statement shows that cheques presented and paid amount to $59,725.10,
and total deposits amount to $64,780.60. There are also additional debits on the statement for a
dishonored cheque for $210, and account fees for $20.
Additional information:
An examination of the records reveals that all reconciling items at 31 May 2020 appear in the bank
statement for June, unpresented cheques at 30 June total $7154.40, and the 30 June deposit of
$1950.40 has not been credited by the bank. Your check of the cash journals reveals that addition errors
have been made by the clerks responsible. Receipts should total $65,766.30 and payments should total
$63,185.60.
Required:
a) Prepare the Cash at Bank account of Wheeler Ltd showing the final balance at 30 June 2020.
(4 marks)
b) Prepare the bank reconciliation statement of Wheeler Ltd at 30 June 2020. (4 marks)
c) Advice the owner, Ken Wheeler, whether cash is being misappropriated by any amount, assuming
that the records maintained by the bank are accurate. (3 marks)
Answers
Answer:
Wheeler Ltd
Balance per Cash at Bank Account at 31 May 2020 $5,329.70 DR
Total cash receipts for June, 2020 $65,766.30
less Total cash payments for June, 2020 ($63,185.60)
Dishonored check ($210.00)
Bank charges ($20.00)
Adjusted balance per Cash at Bank $7,680.40 DR
Bank Reconciliation Statement at 30 June 2020
Adjusted balance per Cash at Bank $7,680.40
Add Unpresented cheques at 30 June total $7,154.40
Less Uncredited deposits = ($1,950.40)
Balance as per bank statement, 30 June, 2020 $12,884.40
c) Cash was misappropriated by $1,070 with the under-counting of cash receipts ($990) and overstatement of cash payments ($80).
Explanation:
a) Data and Calculations:
Total cash receipts = $64,776.30 $65,766.30 $990 error understated
Total cash payments = $63,265.60 $63,185.60 $80 error overstated
Checks presented and paid by bank = $59,725.10
Checks deposited in June = $64,780.60
Dishonored check $210
Bank charges $20
Additional information:
Unpresented cheques at 30 June total $7,154.40
Uncredited deposits = $1,950.40
The indirect method of calculating depreciation include the
Capitalization method
Market data method
Both a s b
Neither a nor b
Answers
The indirect method of calculating depreciation includes the Capitalization method and Market data method both a and b. The correct option is C.
How depreciation is calculated?The cost of the asset less any salvage value over the course of its useful life is the fundamental formula for calculating depreciation. For accounting and tax purposes, depreciation is handled differently, but the fundamental calculation is the same. One way to lower your business tax bill is to claim depreciation expenses each year.
Depreciation expense must be added back to net income under the indirect method because net income serves as the starting point for calculating cash flows from operating activities. Due to the fact that they do not actually use company cash in addition to depreciation, companies may add additional costs and losses to net income.
Thus, the ideal selection is option C.
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Amazon's start of rapid delivery services in some U.S. cities is an example of which type of strategy?
Answers
Answer:
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a survey taken by residents from the imaginary town of cardsburgh tells economists that the following changes result from a 10% fall in income:
Answers
Joker cards is a luxury good
For King cards is an inferior good
Tokens is a normal good
How do we compute the income elasticity of demand for each good?To calculate the income elasticity of demand for each good, we can use the following formula: Income Elasticity of Demand = (% change in quantity demanded) / (% change in income)
For Joker cards:
Income Elasticity of Demand = (-32%) / (-13%) = 2.46
As the income elasticity of demand for joker cards is greater than 1, we can say that joker cards are a luxury good. This means that as income falls, demand for joker cards will decrease more than proportionally.
For King cards:
Income Elasticity of Demand = 5% / (-13%) = -0.38
Since the income elasticity of demand for king cards is less than 0, we can say that king cards are an inferior good. This means that as income falls, demand for king cards will actually increase.
For Tokens:
Income Elasticity of Demand = (-7%) / (-13%) = 0.54
Since the income elasticity of demand for tokens is between 0 and 1, we can say that tokens are a normal good, but a necessity. This means that as income falls, demand for tokens will decrease, but not as much as the decrease in income.
The related full question' Using the income elasticity of demand to characterize goods A survey taken by residents from the imaginary town of Cardsburgh tells economists that the following changes result from a 13% fall in income: • A 32% decrease in the quantity of jokers demanded • A 5% increase in the quantity of kings demanded • A 7% decrease in the quantity of tokens demanded Compute the income elasticity of demand for each good"
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Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Answers
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
give the meaning of office machine
Answers
Answer: Equipment
Explanation:The equipment used in an office; for example: phones, computers, and printers. ... These markets cover computers and other machines for workplaces.
Hope this helps! Brainlist?
Answer:
What are office machines? The Cambridge Dictionary defines office machinery as the equipment used in an office for example: phones, computers, and printers These markets cover computers and other machines for workplaces.
Explanation:
Dylan is a manager at a leading consumer electronics company. In his role, he must frequently interact with industry partners and customers. One day, Dylan met with a customer of one of his company’s custom products. The custom product was a special chip for an electronic appliance that was currently in its final stages of review before market release. During the meeting, the customer wanted to know the method of making the chip, a process which was not specified in the given datasheet. The client claimed this information was needed to ensure that the chip would function properly when it was integrated with electronic appliances.
At first, Dylan was uncertain. He wanted to give his customer more details if it was for the benefit of his client’s final product, but, at the same time, was concerned because the requested information was protected under his company’s non-disclosure agreement (NDA).
Dylan decided to discuss the matter with his supervisor; however, Dylan’s manager was overseeing many projects and, knowing that Dylan was capable and experienced, entrusted him to take care of the situation. When he returned to work the next day, Dylan received an email from his customer. The message stated that, if the chip’s manufacturing methodology was not disclosed, the customer would cease further investments in the product.
Shocked, Dylan believed that if the customer could not abide by the NDA, he should tell the contract should be broken off. However, doing so would mean losing a significant amount of profit they had intended on garnering from selling the chip. On the other hand, sharing confidential information with his customer could cause negative repercussions, especially if his company were to discover the legal breach.
Although it is highly unlikely that the extra chip information would be used by Dylan’s client for malicious purposes, its disclosure co uld potentially affect his company’s reputation, lead to mistrust in the company and compromise Dylan’s position. What should Dylan do?
Question :
write the three different senarious describing what Dylan might do if he applied each of the three frameworks. More specifically decribe Dylan action if he applied the utilitarianism, the principle-based, and the virtue-based models.
Answers
As the customer is pestering Dylan to reveal the Chip information to him, then, by virtue of upholding the non-disclosure agreement, Dylan should void the contract and move on.
What is a non-disclosure agreement?This refers to the contract by which both parties agree not to disclose confidential information that they have shared with each other as a necessary part of doing business together.
In a legal contract, the non-disclosure agreement creates the legal framework to protect ideas and information from being stolen or shared with competitors or third parties.
The act of violating the non-disclosure agreement leaves a party open to lawsuits from the employer and could be required to pay financial damages or legal costs.
Because the customer pestered for revealing the Chip information to him, then, by virtue of upholding the non-disclosure agreement, Dylan should void the contract and move one.
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in which of the following dos attack tools do you select the target, the agent, how many sockets, the requests, and then click start flood to begin the attack?
Answers
Denial of service (DoS) attacks include a threat actor sending fake traffic to the target entity. As a result of its inability to discern between attack traffic and legitimate traffic, the target expends all of its resources on attack traffic. By denying the resources to lawful traffic, the target becomes useless.
what are the Dos attacking tools?By transmitting malicious traffic from a single system, usually a computer, DoS attacks cause interruption. They can be quite basic; for example, a ping flood attack involves flooding a server with more ICMP (ping) queries than it can effectively handle and process.
DDoS attacks, in contrast, employ several machines to transmit harmful traffic to their target. The majority of the time, these machines are a part of a botnet, which is a network of computers or other devices that have been infected with malware and can therefore be remotely controlled by a single attacker.
DDoS assaults are more common and destructive in the modern Internet because of two factors. First, new security measures have been developed to thwart some common DoS assaults.
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James Stilton is the chief executive officer (CEO) of RightLiving, Inc., a company that buys life insurance policies at a discount from terminally ill persons and sells the policies to investors. RightLiving pays the terminally ill patients a percentage of the future death benefit (usually 65%) and then sells the policies to investors for 85% of the value of the future benefit. The patients receive the cash to use for medical and other expenses, and the investors are "guaranteed" a positive return on their investment. The difference between the purchase and sale prices is RightLiving's profit.
Stilton is aware that some sick patients may obtain insurance policies through fraud (by not revealing their illness on the insurance application). An insurance company that discovers such fraud will cancel the policy and refuse to pay. Stilton believes that most of the policies he has purchased are legitimate, but he knows that some are probably not.
Answer the following questions:
Would a person who adheres to the principle of rights consider it ethical for Stilton not to disclose the potential risk of cancellation to investors? Why or why not?
Under the categorical imperative, are the actions of RightLiving ethical? Why or why not?
Under utilitarianism, are Stilton's actions ethical? Why or why not? If most of the policies are legitimate, does this make a difference in your analysis?
Using the IDDR approach, discuss the decision process Stilton should use in deciding whether to disclose the risk of fraudulent policies to potential investors.
What are other ethical concerns that Stilton may be facing?
Answers
Based on the information given regarding ethics, the risk of cancellation is not disclosed to the investors and this is against the ethical principles.
What is ethics?Ethics is the moral principle that governs a person's behavior or the conducting of an activity. In this case, the risk of cancellation is not disclosed to the investors and this is unethical.
Regarding the views of Immanuel Kant's categorical imperative, Shilton should consider ethical guidelines properly and take a long-term preview for better decisions to generate business value.
Lastly, he should have valid facts and data about his potential customers which can be used for the insurance application. This can be used to visualize if a patient may be on the verge of termination.
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NOVO FINANCE ECONOMICS AND ACCOUNT
243 Sub-task 3: Economic environment (Total: 30 marks: 180 minutes)
The Book Store is a business which sells a variety of books to suit any lifestyle, from
bestselling novels, educational material to children's books
The owner, Wendy Brocks, has realised that there is a demand for creative stationery
based on her customers' requests. She decided to expand her business by producing a
stationery-line including creative paper, envelopes, notepads, creative stamps, craft pens
and wrapping paper which she will sell in
store.
Wendy is considering using semi-finished products to produce the stationery and wants to
loan in order to gain the capital for the expansion of The Book Store. Wendy knows that
import the creative stamps and craft pens from China. Wendy plans to apply for a business
she has to conduct thorough research before starting this new venture.
The student is required to assist Wendy by conducting the research and preparing an
investigative report on the following points:
a) The four factors of production (inputs) needed for the manufacturing process of The
Book Store's new stationery-line. The student is required to investigate two inputs for
each factor of production.
b) Include a drawing of the production process of this new venture.
c) Research the infrastructure needed to manufacture the stationery-line.
d) Propose ideas on how to produce the creative stationery in an environmentally friendly
way to prevent deforestation.
e) Assuming the inflation-rate rises, give one implication that this increased inflation rate.
would have on the import cost of creative stamps and craft pens from China.
Find out the current interest rate as Wendy is considering applying for a loan. The date
the interest rate obtained must be given.
9) The investigation should be concluded by providing an opinion as to whether this
business idea is viable or not and provide three reasons to substantiate the answer.
Answers
The four factors of production (inputs) needed for the manufacturing process of The Book Store's new stationery include land, labor, capital and entrepreneur.
How to illustrate the information?Based on the information given, the production process of this new venture will be the input or resources that will be used for the production process.
The infrastructure needed to manufacture the stationery-line will be capital, and portfolio designs as well as printing machines.
The ideas on how to produce the creative stationery in an environmentally friendly.way to prevent deforestation is to use less paper and recycling.
An implication of this increased inflation rate is that it lead to the increase in production cost.
Lastly, the business is viable as there is a demand for creative stationery based on her customers' requests.
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What is TRUE about permanent life insurance?
Answers
Because permanent (whole) life insurance protects the insured for their entire life, premiums are due each year until the insured dies. This may prove to be expensive when the insured is retired, and does not earn an income. The correct answer is: The premium-paying period may extend beyond the income-earning years.
2. Grocers Absorb Rise in Food Prices to Keep Customers From Straying Dec. 17, 2017 7:00 a.m.
ET: Retailers hold line on prices, fearing they will lose business to discounters and new rivals online
Food costs are ticking up after a multiyear glut of many staples. But consumers aren't paying
much more yet because grocers, discounters and online retailers are all holding down prices to win
business. Many grocers are investing in e-commerce operations to keep up with Amazon.com Inc., which
has slashed prices on products including avocados, organic milk and chicken since it acquired Whole
Foods Market this summer. "Price competition is getting more severe," said Kemper Isely, co-president of
the Colorado-based Natural Grocers by Vitamin Cottage Inc., a health-food chain that competes with
Whole Foods in the West. The chain has cut prices this year in part to try to beat Whole Foods discounts.
Considering grocers, how can you apply price elasticity of demand to this situation?
Answers
Fill in the missing value in the table below
Economics
Answers
The values based on the information given in the table will be:
1. Real GDP = 14925.591
2. Nominal GDP = 15783.762
3. Price Index = 1.052
4. Nominal GDP = 16966.49
5. Price Index = 1.087
6. Real GDP = 16518.66
What is Real GDP about?Real gross domestic product (GDP), which refers to the volume level of GDP, is GDP expressed at constant prices. By quantifying the values of all the goods and services produced in a given year in terms of a base period, one can derive constant price estimates of GDP.
However, nominal GDP is divided by the price index multiplied by 100 to get real GDP. The price index's value for the base year is set at 100 to make comparisons easier. Prices were typically lower prior to the base year, so those GDP estimates had to be inflated in order to be comparable to the base year.
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What is one benefit of declaring bankruptcy?
Answers
Answer:
puts a stop to many evictions, foreclosures, wage garnishments and utility shutoffs
have you done something mean today lol what did you do
Answers
Answer:
lol I pushed my brother he was annoying me
Answer:
Umm no I didn't sorry
Explanation:
assuming a conservative interest rate of 5.3 how much would you need to save each year to reach 105,000 in 14 years
Answers
To calculate how much you need to save each year to reach $105,000 in 14 years with a conservative interest rate of 5.3%, you can use the formula for compound interest. The formula for calculating compound interest is A = P(1+r/n)^(nt), where A is the final amount, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year, and t is the time in years.
In this case, we know that the principal amount (P) is $0 (since we are starting from scratch), the interest rate (r) is 5.3%, the time (t) is 14 years, and we want to end up with $105,000 (A). We don't know the number of times the interest is compounded per year (n), so let's assume it's compounded annually.
Plugging in the values into the formula, we get:
A = P(1+r/n)^(nt)
$105,000 = $0(1+0.053/1)^(1*14)
Simplifying the formula, we get:
105,000 = 0(1.053)^14
105,000 = 0(2.094)
105,000 = 0
This is obviously incorrect. The reason for this is that we need to calculate how much we need to save each year, not the starting principal. To do this, we need to rearrange the formula:
A = P(1+r/n)^(nt)
P = A/(1+r/n)^(nt)
In this case, we want to find P, which is the amount we need to save each year. Plugging in the values, we get:
P = A/(1+r/n)^(nt)
P = 105,000/(1+0.053/1)^(1*14)
P = 105,000/1.946
P = $53,930.50 (rounded to the nearest cent)
Therefore, to reach $105,000 in 14 years with a conservative interest rate of 5.3%, you would need to save $53,930.50 each year. Keep in mind that this is assuming the interest rate remains constant and there are no additional fees or charges.
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Discuss 2 ways in which an entrepreneurship will use information to understand risk and uncertainty and deciding whether or not to exploit a business opportunity
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The two ways in which an entrepreneurship will use information to understand risk and uncertainty and deciding whether or not to exploit a business opportunity -
1. Recognize that risk is opportunity - From the very beginning of a new company idea, danger and opportunity are inextricably interwoven. By contrasting their own objectives with potential points of entrance into the market, entrepreneurs might draw this conclusion.
For instance, a businessperson who pays careful attention to customer sentiment will have a better sense of how to avoid making expensive mistakes.
2. Reverse risk - Risk selection is an alternative approach to think about risk management. On a far more fundamental level, market research will assist in helping a corporation decide where and how to take risk.
It might be challenging to accept that sometimes making sacrifices is the only way to achieve new heights, particularly after a firm has succeeded successfully.
Which definition of entrepreneurship is the best?Planning, establishing, and operating a new business with the intention of making money while taking on financial risk is the essence of entrepreneurship.
Is entrepreneurship essential?Entrepreneurs have a key role in the economy's growth. They intend to promote industry innovation, expand market prospects, and foster community progress.
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Mills Coffee has been a successful brand since the early 2000s. Mills has stores throughout the New England area. It also has a substantial internet presence and sells coffee nationwide. In late 2019, Ernie Mill started his own coffee company in Georgia and called it Mill's Coffee. Ernie had not heard of Mills Coffee before. In the first year of business, Mill's Coffee made a $1 million profit. Which of the following damages is Mills Coffee entitled to?
Answers
Mills Coffee may have a claim against Ernie Mill's new company, Mill's Coffee, for trademark infringement. The fact that Ernie had not heard of Mills Coffee before does not necessarily absolve him of liability for infringement.
Trademark law protects not only well-known brands but also lesser-known brands that have established rights to their name and image in the marketplace.
What damage is represented?If Mills Coffee can demonstrate that Ernie's use of the name Mill's Coffee is likely to cause confusion among consumers, it may be able to seek damages for lost profits, harm to its reputation, and other losses resulting from the infringement. This could include lost sales due to consumers mistakenly purchasing coffee from Mill's Coffee instead of Mills Coffee, as well as damage to Mills Coffee's brand image and goodwill.
The amount of damages Mills Coffee would be entitled to would depend on the specific facts of the case, including the degree of similarity between the two brands, the extent of Mills Coffee's established rights to its name and image, the geographic scope of the infringement, and the actual harm suffered by Mills Coffee as a result of the infringement. However, given that Mill's Coffee made a $1 million profit in its first year of business, it is likely that Mills Coffee could seek substantial damages.
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jonathan has an outgoing personality. he enjoys making home repairs and watching TV shows about house flipping. jonathan has a degree in business, but he likes the customer service side of business more than the finance component. which of the following careers would be most suitable for jonathan?
Answers
The most suitable career for Jonathan would be a real estate broker.
Why would a real estate broker be suitable for Jonathan?Jonathan's outgoing personality and interest in home repairs align well with a career in real estate. As a real estate broker, he would have the opportunity to work closely with clients, providing customer service and helping them navigate the process of buying and selling properties.
His passion for watching TV shows about house flipping indicates a strong interest in the real estate market which would be beneficial in this role. Additionally, his degree in business would provide a solid foundation for understanding the business aspects of real estate transactions.
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What are potential problems that could arise out of this approach to e-mail
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The approach to in e-mail communication as suggested by Elon Musk might encounter the following potential problems:
Tendency of idle talks during work hour.Sensitive information might be divulged.Messages might be misinterpreted.The e-mail from Elon Musk describes a free flow of communication between employees, their managers and anyone without hindrances created by having to follow a chain of command that may end up wasting time in resolving an issue that might cost a company fortunes.
Thus, Elon Musk is suggesting there should be no barriers in communicating via e-mail among employees and managers as are common where one has to go through the chain of command.
This approach to e-mail in communication is good, however, the following problems could arise:
Tendency of .Sensitive information might be divulged.Messages might be misinterpreted.Learn more here:
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What is the value proposition of Tata Nano?
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A manufacturing company has total liabilities of $52,000 and total stockholders' equity of $75,000. What is the debt-to-equity ratio?
Answers
Answer:
0.693
Explanation:
Debt to equity ratio= Total liability/ Shareholder equity
=$52,000/$75,000= 0.693
Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
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The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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A contingent liability is:
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Answer:
In accounting, contingent liabilities are liabilities that may be incurred by an entity depending on the outcome of an uncertain future event such as the outcome of a pending lawsuit.
Explanation:
These liabilities are not recorded in a company's accounts and shown in a type of balance sheet when both probable and reasonably estimable as 'contingency' or 'worst case' financial outcome. The likelihood of loss is described as probable, reasonably possible, or remote. The ability to estimate a loss is described as known, reasonably estimable, or not reasonably estimable. It may or may not occur.
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Who is most likely to benefit when the Canadian dollar depreciates against the euro? A. Foreign sellers to Canadian buyers B. Canadian buyers of foreign goods C. Canadian sellers to foreign buyers D. None of these will benefit
Answers
Answer:
A
Explanation:
When the Canadian dollar depreciates against the euro, the value of the Canadian dollar falls relative to the Euro.
For example, the exchange rate before the depreciation is 40 Canadian dollar / Euro. After the depreciation, it is 80 Canadian dollars / Euro.
Goods become more expensive for Canadian buyers of foreign goods. For example, a foreign good costs 160 Euros. Before the depreciation the good would cost (160 x 40) = 6400 Canadian dollars. After the depreciation, it would cost, 12,800 Canadian dollars.
Canadian sellers to foreign buyers don't benefit from the depreciation. Assume a local good costs 40 Canadian dollars. foreigners would pay 1 Euro for the good before depreciation. After depreciation, foreigners would pay 0.5 Euros for the good
A firm's average product tends to?
Answers
A firm's average product (AP) is the total output produced by the firm divided by the quantity of input used to produce it. In other words, it measures the average amount of output that can be produced with each unit of input.
What is tendency?
The tendency of a firm's average product will depend on the specific production process and the level of inputs used. Generally, when a firm first starts to increase its input of a particular factor of production (e.g. labor or capital), the average product of that factor will also increase up to a certain point. This is because the additional input is contributing more to the output than the previous unit of input.
However, as the level of input continues to increase, the average product of that factor will eventually start to decline.
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complete question:
What is the tendency of a firm's average product?