Suppose there are four additional suppliers of cola in the market. When the price per gallon of cola is $1.50, the first supplier is willing to sell 10 million gallons, the second supplier is willing to sell 2 million gallons, the third supplier is willing to sell 5 million gallons, and the fourth supplier is willing to sell 0 gallons. The market quantity supplied of cola when the price is $1.50 is:______.a. 17 million gallons. b. 20 million gallons. c. 30 million gallons. d. 0 gallons.
Answers
Answer:
B
Explanation:
Here is the full question
Question Workspace Exhibit 3-5 Supply for Tucker's Cola Data Quantity supplied per week (millions of gallons) Price per gallon 6 $3.00 5 2.50 4 2.00 3 1.50 2 1.00 1 .50 Exhibit 3-5 shows the supply schedule for Tucker's Cola. Suppose there are four additional suppliers of cola in the market. When the price per gallon of cola is $1.50, the first supplier is willing to sell 10 million gallons, the second supplier is willing to sell 2 million gallons, the third supplier is willing to sell 5 million gallons, and the fourth supplier is willing to sell 0 gallons. The market quantity supplied of cola when the price is $1.50 is
The market quantity supplied is the sum of individual supply by the suppliers.
The quantity supplied by the 5 producers would be added together to get the market supply.
When price is $1.50, Tucker would supply 3 million gallons.
3 + 10+2 + 5 + 0 = 20
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Related Questions
1. Overview of the Case – 2-3 paragraphs
2. Identification of main issues – reasonable development of issues with reasons why these are the main issues.
3. Proposed solutions – what do you offer to solve the problem/issues? There should be more than one.
4. Recommendation of most workable solution(s) and detailed reasons why the recommendations are needed. You must support your solution with documented information from your text or elsewhere. It must be substantive in development.
Answers
Identification of main issues: The main issues facing Amazon are its lack of profitability despite its size and the ongoing debate about whether the company's long-term focus on expansion and research and development is sustainable.
What are the main issues?Overview of the Case: The case of Amazon.com, Inc. focuses on the company's growth and expansion over the past 20 years since its initial public offering (IPO) in 1997. The case also highlights the innovative strategies that Amazon has used to set itself apart from its competitors, such as discounts, customer reviews, and technological features.
Proposed solutions: One solution to address Amazon's profitability issue is to focus on increasing profit margins by reducing expenses. Another solution could be to diversify its revenue streams by expanding into new markets such as healthcare, financial services, or transportation.
To address the sustainability of Amazon's long-term focus, the company could balance its investments in expansion and research and development with a greater emphasis on profitability.
To address concerns about antitrust issues and the impact on smaller retailers, Amazon could work with regulators to establish guidelines and regulations that promote fair competition in the e-commerce market.
Lastly, the Recommendation of most workable solution(s) and detailed reasons:
The most workable solution for Amazon is to diversify its revenue streams by expanding into new markets. This solution allows Amazon to leverage its existing strengths and expertise while reducing its reliance on e-commerce. For example, Amazon's acquisition of Whole Foods has allowed it to enter the grocery market and expand its physical presence. Similarly, Amazon's recent launch of Amazon Pharmacy allows it to enter the healthcare market and provide a new service to its customers.
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Are the actions undertaken by the companies or individuals in the following scenarios legal or illegal pursuant to U.S. law? Please explain each of your answers.
a. A wire transfer of $200,000 to the Minister of Contracting of Gambia made by Bordeaux Builders, Inc., a French corporation, and originating from its corporate headquarters in New York in order to secure a construction contract.
b. A birthday card and bottle of California wine sent annually by Woody Pulp, the chief executive officer of Pacific Paper Products, Inc., a U.S. corporation, to his long-standing friend who is the Director of Government Procurement for the Japanese government.
c. A cash payment of $100 made by an agent of Chicago Chemicals Company, a U.S. corporation, to a processing clerk in the Chilean Office of Business Licensing in order to expedite consideration of CCC's application for authority to conduct business operations in Chile.
Answers
Answer:
a. A wire transfer of $200,000 to the Minister of Contracting of Gambia made by Bordeaux Builders, Inc., a French corporation, and originating from its corporate headquarters in New York in order to secure a construction contract.
ILLEGAL: the Foreign Corrupt Practices Act prohibits bribing officials of foreign countries in exchange for monetary benefits for a US company.b. A birthday card and bottle of California wine sent annually by Woody Pulp, the chief executive officer of Pacific Paper Products, Inc., a U.S. corporation, to his long-standing friend who is the Director of Government Procurement for the Japanese government.
NOT ILLEGAL: this is just a gift and its value is not significant and will not result in a financial advantage for the company.c. A cash payment of $100 made by an agent of Chicago Chemicals Company, a U.S. corporation, to a processing clerk in the Chilean Office of Business Licensing in order to expedite consideration of CCC's application for authority to conduct business operations in Chile.
NOT ILLEGAL: this is considered grease money paid and the person that received it is not someone with power.Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to include an organization that you belong to.
Answers
Answer:
Organization is arranging or coordinating especially in a business, society, or association aspect. Examples of organization could be:
1. Arranging a group of people who work in specific studies
2. Taking books by their genre, and putting them together
3. The economic pyramid, is the perfect example of an organization. Defining society by class.
Your company currently has $ 1 comma 000 par, 6 % coupon bonds with 10 years to maturity and a price of $ 1 comma 078. If you want to issue new 10-year coupon bonds at par, what coupon rate do you need to set? Assume that for both bonds, the next coupon payment is due in exactly six months.
Answers
Answer:
The next coupon rate that is needed to set is 5.00%
Explanation:
Solution
Recall that:
Your company presently has =$1,000 par
Coupon bonds = 6%
Maturity = 10 years
The next step is to find the coupon rate that is needed or required to set.
Now,
The number of semi annuals to maturity, NPER = (10 YEARS * 2)= 20
Semiannual coupon payments, PMT = ($1000 * 6%/2) = $30
The current selling price per bond (FV) = $1078
The maturity value at the end is = $1000
The semiannual compound type, = 0 (It is 0 if compounded at the end of each semiannual and is 1 if compounded at the start of each semiannual)
Semi annual interest rate is = 2.5%
Thus,
The number of semi annuals in a year is = 2
The annual coupon rate of bonds (new) = 2/50 % * 2
= 5.00%
It is important to note that the semi annual coupon rate is computed suing the excel function rate (nper, pmt, pv, fv, type),
Whereby
PV =1078
NPR = 20
PMT =30
FV = 1000
TYPE = 0.
1) Giving examples explain Eight (8) types of leadership styles(10mks)
2) Explain the do’s and don’ts of communication(5mks)
3) Explain the how managers can use motivation theories to motivate employees(10mks)
Answers
Answer:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility.
Answer:
Explanation:
1) Eight types of leadership styles are:
a) Autocratic Leadership: This style of leadership involves the leader making all the decisions and giving orders to subordinates without getting any input or feedback from them. This style is useful in situations where quick decisions need to be made, but it can lead to resentment and low morale among employees.
b) Democratic Leadership: This style of leadership involves the leader encouraging participation and input from subordinates in decision-making. This style can lead to higher job satisfaction and greater commitment among employees, but it can also lead to slower decision-making and lack of accountability.
c) Laissez-Faire Leadership: This style of leadership involves the leader delegating decision-making and responsibility to subordinates. This style can be useful in situations where employees are highly skilled and motivated, but it can also lead to lack of direction and accountability.
d) Transactional Leadership: This style of leadership involves the leader using rewards and punishments to motivate employees. This style can be effective in achieving short-term goals, but it can also lead to lack of creativity and innovation.
e) Transformational Leadership: This style of leadership involves the leader inspiring and motivating employees to achieve shared goals. This style can lead to high levels of job satisfaction and commitment, but it can also be difficult to implement and maintain.
f) Servant Leadership: This style of leadership involves the leader putting the needs of employees first and serving them. This style can lead to high levels of trust and loyalty among employees, but it can also be difficult to implement and maintain.
g) Charismatic Leadership: This style of leadership involves the leader using their personality and charisma to inspire and motivate employees. This style can be effective in achieving short-term goals, but it can also be risky if the leader becomes too focused on their own goals and needs.
h) Situational Leadership: This style of leadership involves the leader adapting their style to fit the situation and needs of the employees. This style can be effective in achieving a balance between task and relationship-oriented leadership, but it can also be difficult to implement and maintain.
2) The do's and don'ts of communication are:
Do's:
a) Be clear and concise in your communication.
b) Use active listening to understand the other person's perspective.
c) Use appropriate body language and tone of voice to convey your message.
d) Use examples and anecdotes to illustrate your points.
e) Provide feedback and ask for feedback to improve communication.
Don'ts:
a) Interrupt the other person while they are speaking.
b) Use offensive language or tone of voice.
c) Assume that the other person understands your perspective.
d) Make assumptions or judgments about the other person without getting their input.
e) Use distractions or multitasking while communicating.
3) Managers can use motivation theories to motivate employees by:
a) Understanding the needs and goals of the employees.
b) Providing rewards and recognition for good performance.
c) Creating a positive work environment that fosters creativity and innovation.
d) Offering opportunities for growth and development.
e) Encouraging teamwork and collaboration.
f) Providing regular feedback and communication.
g) Setting clear goals and expectations.
h) Providing training and support for employees to achieve their goals.
i) Creating a culture of trust and respect.
j) Encouraging autonomy and responsibility
. Discuss and Implement the Price Adjustment Strategies in current market. Apply each strategy with 3 examples along with picture.
Answers
Answer:
There are many different price adjustment strategies which can be implemented in the current market.
Explanation:
Psychological pricing:
Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.
Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.
Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.
Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.
Geographical Pricing:
Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.
Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.
Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.
Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.
Pacific Ink had beginning work-in-process inventory of $744,960 on October 1. Of this amount, $304,920 was the cost of direct materials and $440,040 was the cost of conversion. The 48,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs. During October, 102,000 units were transferred out and 30,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $2,343,600 for direct materials and $3,027,840 for conversion. Compute the costs of goods transferred out and the ending inventory using the weighted-average method. (Do not round intermediate calculations.)
Answers
The cost of goods transferred out is $4,677,700, and the ending inventory is $776,400 using the weighted-average method.
How did we get the values?Using the weighted-average method, we need to calculate the equivalent units of production for both direct materials and conversion costs, and then use these figures to calculate the cost per equivalent unit. Finally, we can use the cost per equivalent unit to calculate the total cost of goods transferred out and the ending inventory.
Step 1: Equivalent Units of Production
Direct Materials:
Beginning inventory: 48,000 units × 30% complete = 14,400 equivalent units
Current period: 102,000 units × 100% complete = 102,000 equivalent units
Ending inventory: 30,000 units × 80% complete = 24,000 equivalent units
Total: 14,400 + 102,000 + 24,000 = 140,400 equivalent units
Conversion Costs:
Beginning inventory: 48,000 units × 30% complete = 14,400 equivalent units
Current period: 102,000 units × 100% complete = 102,000 equivalent units
Ending inventory: 30,000 units × 40% complete = 12,000 equivalent units
Total: 14,400 + 102,000 + 12,000 = 128,400 equivalent units
Step 2: Cost per Equivalent Unit
Direct Materials:
Costs to account for: Beginning inventory cost + Costs incurred during the period = $304,920 + $2,343,600 = $2,648,520
Cost per equivalent unit: $2,648,520 ÷ 140,400 equivalent units = $18.85 per equivalent unit
Conversion Costs:
Costs to account for: Beginning inventory cost + Costs incurred during the period = $440,040 + $3,027,840 = $3,467,880
Cost per equivalent unit: $3,467,880 ÷ 128,400 equivalent units = $27.00 per equivalent unit
Step 3: Cost of Goods Transferred Out and Ending Inventory
Cost of Goods Transferred Out:
Cost per equivalent unit (direct materials) × equivalent units transferred = $18.85 × 102,000 units = $1,923,700
Cost per equivalent unit (conversion costs) × equivalent units transferred = $27.00 × 102,000 units = $2,754,000
Total cost of goods transferred out: $1,923,700 + $2,754,000 = $4,677,700
Ending Inventory:
Equivalent units in ending inventory × cost per equivalent unit (direct materials) = 24,000 units × $18.85 = $452,400
Equivalent units in ending inventory × cost per equivalent unit (conversion costs) = 12,000 units × $27.00 = $324,000
Total ending inventory: $452,400 + $324,000 = $776,400
Therefore, the cost of goods transferred out is $4,677,700, and the ending inventory is $776,400 using the weighted-average method.
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holding cash for precautionary motive assumes management wants cash for emergency purposes when inflows are projected.
Answers
Holding cash for precautionary motive assumes management wants cash for precautionary motives.
What is the purpose of keeping cash as a precaution?
It was Keynes who first proposed looking at the preventive reasons for maintaining a cash reserve (1936). According to his view, precautionary reserves can be kept in the form of cash or demand deposits and act as insurance against substantial expenses that could materialize in the foreseeable future.
What are the three reasons to keep cash on hand?
Keynes claimed that there are three reasons why people keep cash on hand: I transactions motivation, (ii) precautionary motive, and (iii) speculative motive. The reason for keeping cash on hand is because it is necessary for both personal and commercial exchanges to make current payments.
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Mortar Corporation acquired 80 percent of Granite Corporation's voting common stock on January 1, 20X7. On December 31, 20X8, Mortar received $370,000 from Granite for equipment Mortar had purchased on January 1, 20X5, for $400,000 and had been depreciating it over 10 Years and no salvage value. After the sale, the equipment is expected to have a 5-year useful life and no salvage value. Both companies depreciate equipment on a straight-line basis. Based on the preceding information, in the preparation of elimination entries related to the equipment transfer for the 20X8 consolidated financial statements, the debit adjustment to equipment would be: Group of answer choices
Answers
Answer:
The debit adjustment to equipment would be $30,000.
Explanation:
Amount received for the equipment by Mortar from Granite - $370,000
Purchase price of the equipment = $400,000
Debit adjustment to equipment = Purchase price of the equipment - Amount received for the equipment by Mortar from Granite = $400,000 - $370,000 = $30,000
Therefore, the debit adjustment to equipment would be $30,000.
Explain two advantages to TGH of segmenting the market for sport shoes
Answers
1. Targeted Marketing: By segmenting the market, TGH can identify specific groups of consumers with distinct needs, preferences, and behaviors related to sport shoes. This allows them to tailor their marketing efforts and product offerings to meet the specific demands of each segment. For example, they can develop different marketing messages, designs, or features for segments such as professional athletes, casual runners, or fashion-conscious individuals. This targeted approach enhances the effectiveness of marketing campaigns, leading to increased customer engagement, brand loyalty, and ultimately, higher sales.
2. Competitive Advantage: Segmenting the market can help TGH gain a competitive edge over rivals. By focusing on specific segments, TGH can better understand their unique requirements and deliver superior products and services compared to competitors who adopt a more generic approach. This can lead to enhanced customer satisfaction and loyalty within those segments. Additionally, TGH can identify niche or underserved segments within the sport shoe market and develop specialized products to cater to their needs. By catering to these niche segments, TGH can differentiate itself from competitors and establish a strong position in the market.
Overall, market segmentation allows TGH to optimize their marketing efforts, cater to diverse consumer needs, and gain a competitive advantage by focusing on specific market segments.
Any materials published before the year usually are not subject to copyright.
Answers
Answer:
1923 is the correct answer
Explanation:
edge 2020
Any materials published before the year 1923 usually are not subject to copyright.
What is copyright?When a person sets a creation in a physical style of expression, trademark, or a sort of property right, preserves the original authorship of that work to avoid it from inappropriately imitating.
A work must possess a "sense of excitement" and a "fair degree" of creativity, according to the Supreme Court, in order to be considered creative. However, some things, like slogans, brief phrases, names, and titles, lack creativity.
They finished printing all of the CCE "Book" volumes from 1923 to 1964 at the beginning of May. This gives us the most up-to-date picture of the number of books that were protected by copyright in the United States during this time.
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The following information relating to a company's overhead costs is available.
Actual total variable overhead$73,000
Actual total fixed overhead$17,000
Budgeted variable overhead rate per machine hour$2.50
Budgeted total fixed overhead$15,000
Budgeted machine hours allowed for actual output 30,000
Based on this information, the total variable overhead variance is:_______.
Answers
Answer: $2,000 favorable
Explanation:
Total variable overhead variance = Budgeted variable overhead - Actual total variable overhead
Budgeted variable overhead = Budgeted machine hours allowed for actual output * Budgeted variable overhead rate per machine hour
= 30,000 * 2.50
= $75,000
Total variable overhead variance = 75,000 - 73,000
= $2,000 favorable
Favorable because the actual amount was less than the budgeted one.
Daniel has saved $2,000 in a savings account that earns 0.5% interest annuallyWhat will most likely happen to the purchasing power of his savings over time?
PLEASE HELP!!
Answers
Based on the explanation below, the most likely thing to happen to the purchasing power of his savings over time is to fall.
What is purchasing power?Purchasing power can be described as the amount of goods and services that a unit of currency or an amount of money can purchase.
The relationship between interest rate and inflation rate affects the purchasing power of a saving account.
When the interest rate is higher than the inflation rate, purchasing power increases.
But when the interest rate is lower than the inflation rate, purchasing power falls.
For example, for the 12 months ending April 2022, the annual inflation rate in the United States was 8.3%.
Since the 0.5% annual interest rate being earned by Daniel is lower than the 8.3% annual inflation rate, the most likely thing to happen to the purchasing power of his savings over time is to fall.
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FILL IN THE BLANK While news stories occasionally report on a high-income person who has managed to pay very little in taxes, such individual cases are rare. According to the Congressional Budget Office, the typical pattern in the U.S. is that people with higher incomes pay ________________________.
Answers
Answer:
a higher average share of their income in federal income taxes
Explanation:
The average federal income tax payment for Americans is higher for those with higher earnings than for those with lower incomes, as per the Congressional Budget Office.
What is Congressional Budget Office?The Congressional Budget Office (CBO) is a federal organization that reports on the economy and the budget to Congress. It is a part of the legislative branch of the US government.
The Congressional Budget and Impoundment Control Act of 1974 established the CBO as a nonpartisan organization. It was inspired by California's Legislative Analyst's Office, which oversees the state budget in a purely nonpartisan manner.
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Mark wants to add a splash of color to his suit with a new pocket square. He finds that the blue and the teal pocket squares match his suit well.
He flips his business card to decide on a color. To see if the card is a fair model, he flips the card 50 times and records the results in the table.
Which statement is true based on the results in the table?
O A. The two outcomes are equally likely because their relative frequencies are similar.
OB. The two outcomes are not equally likely because 38 is not a multiple of 12.
C. The two outcomes are equally likely because the relative frequency of the card landing faceup is higher than the relative
frequency of the card landing facedown.
OD
The two outcomes are not equally likely because their relative frequencies are significantly different.
Reset
Next
Answers
Answer:
d
Explanation:
Answer: I believe it is D tell me if im wrong
If the money supply is $60 billion, the velocity of money is 8, and real gdp is $320 billion, then the price level equals.
Answers
The velocity of money (V=PQ/M), a measure of the health of the economy, can be computed as the nominal gross domestic product (GDP) to the money supply.
rises in the money supply while the real GDP and money velocity are fixed?Money supply (M), money velocity (V), price level (P), and real gross domestic product (Y) are all related terms. The nominal GDP is denoted by PY. Inflation will result from an increase in the money supply (M) while keeping output (Y) and velocity (V) constant.
What is the money supply's equation?Money supply is calculated using the formula MS = (MB x MM). By dividing the needed reserve established by the Federal Reserve by 1, the money multiplier, or MB, MM, is calculated.
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Arnold Vimka is a venture capitalist facing two alternative investment opportunities. He intends to invest $1 million in a start-up firm. He is nervous, however, about future economic volatility. He asks you to analyze the following financial data for the past year’s operations of the two firms he is considering and give him some business advice.Company Name
Larson Benson
Variable cost per unit (a) $ 18.00 $ 9.00
Sales revenue (8,100 units × $31.00) $ 251,100 $ 251,100
Variable cost (8,100 units × a) (145,800 ) (72,900 )
Contribution margin $ 105,300 $ 178,200
Fixed cost (25,000 ) (97,900 )
Net income $ 80,300 $ 80,300
Required:
1. Use the contribution margin approach to compute the operating leverage for each firm.
2. If the economy expands in coming years, Larson and Benson will both enjoy a 11 percent per year increase in sales, assuming that the selling price remains unchanged. Compute the change in net income for each firm in dollar amount and in percentage. (Note: Since the number of units increases, both revenue and variable cost will increase.)
3. If the economy contracts in coming years, Larson and Benson will both suffer a 11 percent decrease in sales volume, assuming that the selling price remains unchanged. Compute the change in net income for each firm in dollar amount and in percentage. (Note: Since the number of units decreases, both total revenue and total variable cost will decrease.)
Answers
Answer:
Arnold Vimka
1. Operating leverage, using the contribution margin approach:
Larson Benson
Operating leverage 1.31 2.22
2. Change in net income for each firm in dollar amount and in percentage, following 11% increase in the units sold:
Larson Benson
Variable cost per unit (a) $ 18.00 $ 9.00
Sales revenue (8,991 units × $31.00) $278,721 $ 251,100
Variable cost (8,991 units × a) (161,838 ) (80,919 )
Contribution margin $ 116,883 $ 170,181
Fixed cost (25,000 ) (97,900 )
Net income $ 91,883 $ 72,281
Net income $ 80,300 $ 80,300
Change in net income ($) $11,583 ($8,019)
Change in net income (%) + 14.42% -9.99%
3. Change in net income for each firm in dollar amount and in percentage, following 11% decrease in the units sold:
Larson Benson
Variable cost per unit (a) $ 18.00 $ 9.00
Sales revenue (7,209 units × $31.00) $ 223,479 $ 223,479
Variable cost (7,209 units × a) (129,762 ) (64,881 )
Contribution margin $ 93,717 $ 158,598
Fixed cost (25,000 ) (97,900 )
Net income $ 68,717 $ 60,698
Net income $ 80,300 $ 80,300
Change in net income($) -$11,583 ($19,602)
Change in net income (%) -14.42% -24.4%
Explanation:
a) Data and Calculations:
Larson Benson
Variable cost per unit (a) $ 18.00 $ 9.00
Sales revenue (8,100 units × $31.00) $ 251,100 $ 251,100
Variable cost (8,100 units × a) (145,800 ) (72,900 )
Contribution margin $ 105,300 $ 178,200
Fixed cost (25,000 ) (97,900 )
Net income $ 80,300 $ 80,300
Contribution margin approach to computing the operating leverage:
= Contribution margin/net operating income
Larson Benson
Contribution margin $ 105,300 $ 178,200
Net operating income $ 80,300 $ 80,300
Operating leverage 1.31 2.22
Consider the following statement about a correlation. State the correlation clearly (for example, there is a positive correlation between variable A and variable B). Then state whether the correlation is most likely due to coincidence, a common underlying cause, or a direct cause. Explain your answer.
Over the past 30 years, data show that the number of games won by Major League baseball teams increased with team payroll.
_________________________________
Choose the correct answer below.
A. There is a negative correlation between a team's payroll and games won. This could be a direct cause since increasing the team's payroll will change the number of games won by the baseball team.
B. There is a negative correlation between a team's payroll and games won. This could be a direct cause since increasing the team's payroll will decrease the number of games lost by the baseball team.
C. There is a positive correlation between a team's payroll and games won. This is a coincidence since increasing a team's payroll will not change how good the team is at baseball.
D. There is a positive correlation between a team's payroll and games won. This could be a direct cause since a baseball team is likely to get paid more the better they do.
Answers
Answer:
D. There is a positive correlation between a team's payroll and games won. This could be a direct cause since a baseball team is likely to get paid more the better they do.
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Agribusiness Systems
Test
Unt To
Act
TIERRING
012854
Which option identifies the concept being utilized in the following scenario
A cereal manufacturer is planning to improve its facility by reparing the paingots and installing
lighting for a cost of $50,000. They determine that, given a 5 percent interest rate, with a $10.000
payment, it would take them 10 years to break even
payback period analysis
time value of money analysis
discounted payback
period analysis
discount rate of return analysis
What concept is being used
Answers
The United States is an example of a __________ economy?
a)traditional
b)command
c)market
d)private
Answers
Answer:
C. Market
Explanation:
I majored in Health
Which of the following is not an example of how you can reduce the full
cost of higher education?
Answers
To reduce the cost of higher education, what should not be done is to get low grades, because they can sanction you and you will have to repeat some subjects.
What is higher education?Higher education is the education that a person accesses to specialize professionally in an area of knowledge. Higher education is found in universities and there different specialized subjects are taken around a profession.
What to do to reduce the value of higher education?To reduce the value of higher education, some students access scholarships that allow them to reduce these costs. However, scholarships generally require them to have high grades and maintain a high level of academic performance.
Therefore, if we want to reduce these costs we must get high grades and maintain a high average. On the other hand, if our grades are low, we are going to increase costs because we are going to have to pay for additional classes or repeat some of them.
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11-X
Which of the following was not a term
used to describe a manager by the
a Recent Survey?
goverment Employees Participating in
Answers
The term "dictator" is not used to describe a manager by government workers because it is more likely that they use adjectives like "authoritarian" and "strict" instead.
Who is viewed as a tyrant?A dictator is someone who exercises total control over others or at least behaves as though they do. A dictator is a leader in government who has complete control over a country and has no checks and balances to prevent power abuse. A person who behaves in a similar manner on a smaller scale is also known as a dictator. The Latin term "dictator" is the origin of the term "dictatorship." In the Roman Republic, the term "dictator" was used to describe a temporary magistrate who was given extraordinary powers to deal with state crises. However, modern dictators more closely resemble tyrants than dictators.
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The best friend of a defendant offers $3,000 to the judge of the defendant's court case, if the judge uplifts the charges the defendant faces.
What is the name of crime that was committed? *
Answers
Answer:
Bribery.
Explanation:
what is a marketing plan ?? answer please .
Answers
Answer:
marketing plan is defined as a comprehensive document or blueprint that outlines the advertising and marketing efforts for the coming year. It describes business activities involved in accomplishing specific marketing objectives within a set time frame. A marketing plan also includes a description of the current marketing position of a business, a discussion of the target market and a description of the marketing mix that a business will use to achieve their marketing goals.
Q: Is there an emergency dentist available in Wednesbury?
Answers
Yes, there is an emergency dentist available in Wednesbury.
Where is Wednesbury?Wednesbury is a town located in the West Midlands county of England, United Kingdom. It is situated approximately 9 miles east of Wolverhampton and 4 miles northwest of Birmingham.
Wednesbury is part of the metropolitan borough of Sandwell and is surrounded by other towns such as Walsall, West Bromwich, and Tipton.
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Ngành quản trị kinh doanh chỉ cần thiết cho lĩnh vực kinh doanh
Answers
Answer:
No
Explanation:
It applies in almost all working environment that you may think of.
Steve and Holly report the following items for 2020: Dividend income $16,000 Interest income 14,000 Itemized deductions (none of the amount resulted from a casualty loss) (26,000) Business capital gains 2,000 Business capital losses (10,000) In calculating their net operating loss, and with respect to the above amounts only, what amount must be added back to taxable income (loss)
Answers
Answer: ($4000)
Explanation:
Based on the information given in the question, the amount that must be added back to taxable income (loss) in calculating their net operating loss, will be:
Dividend income = $16000
Add: Interest income = $14000
Add: Business capital gain = $2000
Less: Business loss = $10000
Less: Itemized deduction = $26000
Taxable loss = ($16000 + $14000 + $2000) - ($10000 + $26000)
= $32000 - $36000
= - $4000
FILL IN THE BLANK Customer acquisition ___ (CAC) is a metric that is used by e-commerce companies and other sales related organizations to assess the costs associated with convincing a potential customer to purchase a service or product.
Answers
E-commerce businesses and other sales-related organizations use the concept of customer acquisition costs to measure the expenses involved in persuading a potential consumer to buy a service or good.
What do a client and an example mean?A client is sometimes considered to be someone who purchases a good, business, or product. Customers are more clearly defined as individuals or organizations that are presently purchasing, have recently purchased, or may be considering purchasing a services or goods from another person or business.
What does a good client mean?Excellent Clients Aspire to Self-Sufficiency To suit their demands, they must be able to customize and alter it instantly. These are the folks who find a great deal of joy in figuring out the solution on their own and view asking for assistance from others as a sign of personal failure.
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Choose one of the following scenarios as the basis for your speech. Scenario 1: Imagine that you have been invited to an upper-level management meeting at the company that you work for (currently or one you hope to work for). You are going to deliver a persuasive speech to persuade the management team to either change a policy or add a specific resource to their company budget. or Scenario 2: Imagine that you have been invited to deliver a speech at a town hall meeting. You are going to deliver a persuasive speech to persuade citizens in your community to vote yes toward the allocation of city funds towards a project or cause that you believe will benefit all members of your community. Anyone have ever done this homework ?Need some help , I'm quite bad at this one
Answers
Answer:
Scenario 2:
We have all been members of this community for as long as any of us can remember and this is our home. Our heritage, our gift to future generations.
We need to strive to protect our community and everything that lives in it not just because it is the right thing to do but because posterity will ask us questions if we fail to take action.
The fishes in our sea are now an endangered species right before our very eyes and it is sad that we can do very little or nothing to change that. We do not have a good waste disposal in our community which forces some people to pour their wastes and refuse into the nearby river.
This singular act of ours has polluted the water, we can no longer swim in most parts or fish, for that matter. We all need to sign a petition to the mayor to give us good waste disposal in our community and also to prosecute anyone found dumping waste into the sea.
Signing this petition would benefit every member of this community as we would not only have good water to swim in, but our fishes would be preserved. Our community would be much cleaner with the waste disposal that will be available to us. I urge everyone to append their signature to this petition, thank you very much.
Help please! this is a business class! I am using plato <3
Answers
He can adjust the salary in order to reduce costs.