the dispensing of controlled substances has divided patients, doctors, pharmacists and law enforcement agencies as they strive to create a balance between treating legitimate chronic pain and keeping powerful pain meds out of the hands of abusers. a recent convention discussed the development of a viable strategy for pain medications.
Group of answer choices
production
promotion
possession
place
production
Answers
How to successfully advertise painkillers was discussed at a recent conference. Patients are divided on the prescription of limited opioids.
What are the different types of development?Projects are grouped into three groups since they all require permission but differ in their levels of effect. The three categories are Complying, Superior, and Non-Complying developments. Each sort of progress is assessed using a different methodology.
What underpins development fundamentally?Development is not only an economic phenomenon it is a multidimensional procedure that entails the reconstruction and readjustment of the entire system of economy and society. The development process, which aims to improve the quality of existence for all people, is composed of three equally important components.
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Related Questions
"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Answers
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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destion
Which of the following accurately describes the requirements banks must
meet under a fractional reserve banking system?
A. Banks must keep a specific percentage of deposits on hand.
B. Banks must get government approval for all loans.
C. Banks reserve the right to raise interest rates at any time.
D. Banks must pay a specific fraction of their assets in taxes.
Answers
The correct answer is A. Banks must keep a specific percentage of deposits on hand.
Option A accurately describes the requirements banks must meet under a fractional reserve banking system. In such a system, banks are required to maintain a fraction or percentage of their customers' deposits as reserves. The reserve requirement is typically set by the central bank or regulatory authorities. The purpose of this requirement is to ensure that banks have enough liquidity to meet the demands of depositors who may wish to withdraw their funds. By keeping a fraction of deposits as reserves, banks can lend out the remaining portion to borrowers and earn interest on those loans, effectively creating new money in the economy through the process of credit creation. Option A correctly reflects the requirement for banks to maintain a specific percentage of deposits on hand in a fractional reserve banking system.
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The Moto Hotel opened for business on May 1, 2017. Here is its trial balance before adjustment on May 31.MOTO HOTELTrial BalanceMay 31, 2017DebitCreditCash $ 2,333Supplies 2,600Prepaid Insurance 1,800Land 14,833Buildings 71,200Equipment 16,800Accounts Payable $ 4,533Unearned Rent Revenue 3,300Mortgage Payable 37,200Common Stock 59,833Rent Revenue 9,000Salaries and Wages Expense 3,000Utilities Expense 800Advertising Expense500$113,866$113,866Other data:1. Insurance expires at the rate of $450 per month.2. A count of supplies shows $1,100 of unused supplies on May 31.3. (a) Annual depreciation is $3,000 on the building.(b) Annual depreciation is $2,400 on equipment.4. The mortgage interest rate is 6%. (The mortgage was taken out on May 1.)5. Unearned rent of $2,660 has been earned.6. Salaries of $740 are accrued and unpaid at May 31.
Answers
Question Completion:
(a) Prepare a ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries.
(b) Prepare an adjusted trial balance on May 31.
(c) Prepare an income statement and a retained earnings statement for the month of May and a classified balance sheet at May 31.
(d) Identify which accounts should be closed on May 31.
Answer:
The Moto Hotel
(a) Ledger using T-accounts. Enter the trial balance amounts and post the adjusting entries:
Accounts Debit Credit
Cash
Unadjusted Trial balance $ 2,333
Accounts Debit Credit
Supplies
Unadjusted Trial balance $2,600
Supplies expense $1,500
Balance $1,100
Accounts Debit Credit
Prepaid Insurance
Unadjusted Trial balance $1,800
Insurance Expense 450
Balance c/d $1,350
Accounts Debit Credit
Land
Unadjusted Trial balance $14,833
Accounts Debit Credit
Buildings
Unadjusted Trial balance $71,200
Accounts Debit Credit
Equipment
Unadjusted Trial balance $16,800
Accounts Debit Credit
Accounts Payable
Unadjusted Trial balance $ 4,533
Accounts Debit Credit
Salaries and Wages Payable
Salaries and Wages $740
Accounts Debit Credit
Unearned Rent Revenue
Unadjusted Trial balance $3,300
Rent Revenue $2,660
Balance c/d $640
Accounts Debit Credit
Mortgage Payable
Unadjusted Trial balance $37,200
Accounts Debit Credit
Common Stock
Unadjusted Trial balance $59,833
Accounts Debit Credit
Rent Revenue
Unadjusted Trial balance $9,000
Unearned Rent Revenue $2,660
Balance c/d $11,660
Accounts Debit Credit
Salaries and Wages Expense
Unadjusted Trial balance $3,000
Salaries & Wages Payable 740
Balance c/d $3,740
Accounts Debit Credit
Utilities Expense
Unadjusted Trial balance $800
Accounts Debit Credit
Advertising Expense
Unadjusted Trial balance $500
Accounts Debit Credit
Insurance Expense
Prepaid Insurance $450
Accounts Debit Credit
Supplies Expense
Supplies $1,500
Accounts Debit Credit
Depreciation Expense - Building
Accumulated depreciation $3,000
Accounts Debit Credit
Accumulated Depreciation Expense - Building
Depreciation Expense $3,000
Accounts Debit Credit
Depreciation Expense - Equipment
Accumulated depreciation $2,400
Accounts Debit Credit
Accumulated Depreciation Expense - Equipment
Depreciation Expense $2,400
Accounts Debit Credit
Mortgage Interest Expense
Mortgage Interest Payable $186
Accounts Debit Credit
Mortgage Interest Payable
Mortgage Interest Expense $186
(b) Adjusted trial balance on May 31:
Debit Credit
Cash $ 2,333
Supplies 1,100
Prepaid Insurance 1,350
Land 14,833
Buildings 71,200
Equipment 16,800
Accounts Payable $ 4,533
Salaries & Wages Payable 740
Mortgage Interest Payable 186
Unearned Rent Revenue 640
Mortgage Payable 37,200
Common Stock 59,833
Rent Revenue 11,660
Salaries and Wages Expense 3,740
Utilities Expense 800
Advertising Expense 500
Insurance Expense 450
Supplies Expense 1,500
Depreciation Exp. - Building 3,000
Depreciation Exp-Equipment 2,400
Mortgage Expense 186
Accumulated Depreciation- Building 3,000
Accumulated Depreciation- Equipment 2,400
Totals $120,192 $120,192
(c) Income statement and a retained earnings statement for the month of May and a classified balance sheet at May 31:
Income Statement for the month ended May 31:
Rent Revenue 11,660
Salaries and Wages Expense 3,740
Utilities Expense 800
Advertising Expense 500
Insurance Expense 450
Supplies Expense 1,500
Depreciation Exp. - Building 3,000
Depreciation Exp-Equipment 2,400
Mortgage Expense 186 (12,576)
Net Loss $916
Statement of Retained Earnings:
Net Loss ($916)
Balance Sheet as of May 31:
Assets:
Current assets:
Cash $ 2,333
Supplies 1,100
Prepaid Insurance 1,350 $4,783
Long-term assets:
Land 14,833
Buildings 71,200
Accumulated depreciation (3,000) 68,200
Equipment 16,800
Accumulated depreciation (2,400) 14,400 $97,433
Total assets $102,216
Liabilities + Equity:
Current Liabilities:
Accounts Payable $ 4,533
Salaries & Wages Payable 740
Mortgage Interest Payable 186
Unearned Rent Revenue 640 $6,099
Mortgage Payable 37,200
Total liabilities $43,299
Common Stock 59,833
Net Loss (916) $58,917
Total Liabilities + Equity $102,216
(d) Identification of accounts to be closed on May 31:
Rent Revenue 11,660
Salaries and Wages Expense 3,740
Utilities Expense 800
Advertising Expense 500
Insurance Expense 450
Supplies Expense 1,500
Depreciation Exp. - Building 3,000
Depreciation Exp-Equipment 2,400
Mortgage Expense 186
Explanation:
a) Data:
MOTO HOTEL Trial Balance as of May 31, 2017
Debit Credit
Cash $ 2,333
Supplies 2,600
Prepaid Insurance 1,800
Land 14,833
Buildings 71,200
Equipment 16,800
Accounts Payable $ 4,533
Unearned Rent Revenue 3,300
Mortgage Payable 37,200
Common Stock 59,833
Rent Revenue 9,000
Salaries and Wages Expense 3,000
Utilities Expense 800
Advertising Expense 500
Totals $113,866 $113,866
The money supply increased, and the AD curve did not shift to the right. This is consistent with the:________
a) monetarist transmission mechanism when there is a liquidity trap.
b) Keynesian transmission mechanism when there is a liquidity trap.
c) monetarist transmission mechanism when there is interest-insensitive investment.
d) Keynesian transmission mechanism when there is either a liquidity trap or interest-insensitive investment.
Answers
Answer:
b) Keynesian transmission mechanism when there is a liquidity trap.
Explanation:
Since the interest rate is so low, the public will have no incentive to deposit their cash into a bank or invest it in a company. This is a situation where the public will hold to their cash becasue they feel that a negative interest rate is possible. This type of situation could occur if the real interest rate is 0 and the public believes that the possibility of deflation exists and they will be better of by holding to their money.
How long has Alice Spring Tow Truck been in operation, and what services do they offer?
Answers
Based on historical facts and the company's information, the Alice Spring Tow Truck has been in operation for more than 35 years, and they offer services like equipment relocation, freight transport, and vehicle recovery services.
What is Alice Spring Tow Truck?Alice Spring Tow Truck is an Australian transport and logistics company.
The company offers various logistics services around Australia and it is located in Central Australia for over 20 years.
Alice Spring Tow Truck is known to have been in operation for varying services such as:
relocation of heavy equipment freight transport vehicle recovery services. Towing of vehicle, etc.Also, Alice Spring Tow Truck operated majorly in places like
YularaTennant CreekMarlaUluruOther regions in Central AustraliaHence, in this case, it is concluded that Alice Spring Tow Truck is a logistics servicing company.
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if the owner of a business invests $20,000 in her business , which 2 accounts are affected?
Answers
Answer:
The owner invests personal cash in the business. The company's asset account Cash increases. ... (If the company is a corporation, then the Common Stock account(s) will increase.)
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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Which is a demographic factor that a company should consider before deciding to enter into a new country? A) transportation structure B) natural resources C) political stability D) languages E) education
Answers
education is a demographic factor that a company should consider before deciding to enter into a new country.
Statistics used to describe population characteristics are known as demographics. Using criteria like age, race, and sex, demographic analysis examines a population. The term demographic factor refers to statistically stated socioeconomic information about employment, education, income, marriage rates, birth and death rates, and other topics. In order to better understand a population's characteristics for a variety of purposes, including economic market research and policy creation, governments, businesses, and non-governmental groups employ demographics. In order to increase the number of people who can buy their products, for instance, a company that sells high-end RVs may seek to reach those who are approaching or at retirement age. Individual data like gender, age, marital status, number of children, occupation, level of education, and linguistic heritage are all considered to be demographic factors or variables.
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Recording and Assessing the Effects of Installment Loans: Semiannual Installments On December 31, 2018, Wasley Corporation borrowed $500,000 on a 10%, 10-year mortgage note payable. The note is to be repaid with equal semiannual installments, beginning June 30, 2019.
Required:
Compute the amount of the semiannual installment payment using a financial calculator or Excel, and round amount to the nearest dollar.
Answers
Answer: $40,121.29
Explanation:
Using Excel, you are finding the payment which is denoted PMT
The rate is:
= 10%/ 2
= 5% per semi annual period
The Nper or number of periods is:
= 10 * 2
= 20 semi annual periods
Present value of PV is $500,000
Future value is 0 because that is the balance after the payments are done.
Formula will look like:
=PMT(5%,20,-500000,0,0)
Payment will be:
= $40,121.29
12
What consequences do borrowers face if they miss many payments? Check all that apply.
O difficulty getting loans
Ogarnished wages
O elimination of all credit
Olost collateral
O compounded late fees
7
Mark this and return
Answers
If borrowers miss many payments, they can face various consequences depending on the loan type. The correct option is e. Compounded Late Fees.
Some of the common consequences of missing many payments by the borrowers are as follows:
Garnished Wages: If the borrower defaults on a loan, their wages could be garnished, which means a portion of their paychecks will be withheld to pay off the loan. This would lead to less take-home pay and further financial difficulties.Difficulty Getting Loans: If the borrower defaults on a loan, they may have trouble obtaining future loans because their credit score will be negatively impacted. A low credit score makes lenders less likely to approve loan applications and can lead to higher interest rates.Lost Collateral: In some loans, such as secured loans, the borrower is required to provide collateral. If they default on the loan, they may lose the collateral that they used to secure the loan.Compounded Late Fees: If a borrower misses many payments, late fees and interest will continue to accumulate. This can compound the amount of money they owe, making it more difficult to catch up.Elimination of All Credit: If the borrower defaults on a loan, they may have all of their credit accounts closed. This would mean they would have no credit and no way to borrow money when they need it. The correct option is e. Compounded Late Fees.For more such questions on payments
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Which of these is an advantage of most natural fibers?
OA.
O B.
OC.
O D.
They need to be washed by hand or dry cleaned.
They are usually inexpensive.
They are free of bleaches, dyes, and chemicals.
They biodegrade after being thrown away.
Answers
The correct option for advantage of most natural fibbers is:
They biodegrade after being thrown away.
Regular strands are well known for the overwhelming majority various reasons, as the texture is by and large more harmless to the ecosystem and solid. Retentive. Normal filaments have a staggeringly high sponginess, as the strands, both plant and creature, have major areas of strength for a for water.
What are the benefits of regular strands?
Regular strands are maintainable materials which are effectively accessible in nature and enjoy benefits like minimal expense, lightweight, sustainability, biodegradability, and high unambiguous properties.
What are the elements of regular strands?
Normal strands are nontoxic, have a lower thickness, are not difficult to deal with, compostable and bountiful with a nonstop inventory. They additionally have OK unambiguous strength properties with high durability, nonabrasive handling and don't make dermal and respiratory aggravation of buyers.
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In 2018, Alpha Company had $48,000,000 in Sales/Revenues, $15,500,000 in Costs of Goods Sold (COGS), $3,600,000 in Sales, General, and Administrative (SG&A) expenses, $1,200,000 in Depreciation expenses, $550,000 in interest payment, and $4,125,000 in taxes. The firm also paid $1,900,000 in dividends to shareholders that year. By how much did Alpha Company's Retained Earnings increase in 2018? Group of answer choices $27,150,000 $1,900,000 $21,125,000 $23,025,000
Answers
Retained earnings increased by $21,125,000. (third option)
What is the increase in retained earnings?Retained earnings is net income less distributions to shareholders in the form of dividend payment.
Retained earnings = net income - dividend payment
Net income is revenue less deductions. Deductions include cost of goods sold, Sales, General, and Administrative (SG&A) expenses, depreciation, interest payment and taxes
Net income = sales - (COGS + SG&A + depreciation + interest + taxes)
$48,000,000 - ($15,500,000 + $3,600,000 + $1,200,000 + $550,000 + $4,125,000 )
$48,000,000 - 24,975,000 = 23,025,000
Retained earnings = 23,025,000 - $1,900,000 = $21,125,000
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which of the following pieces of information will you find on the safety data sheet
walmart
Answers
Normally, the safety data sheet (SDS) for a product offered by Walmart will contain details regarding the risks associated with the product, including any potential physical risks or health impacts connected with its use or handling.
Additionally, it might contain details on the proper safety precautions or safeguards to use when utilizing the product, as well as first aid procedures to follow in the event of exposure or unintentional ingestion.
The SDS may also include details on the chemical makeup of the product, its characteristics, and any potential chemical interactions, as well as details on disposal and storage.
The specific information on the SDS will vary depending on the product in question and the laws governing its use and handling.
Here are some examples of the kinds of details you might discover on a safety data sheet:
A household cleaner might have a safety data sheet that details the product's chemical makeup, potential risks (including eye or skin irritation), and safety measures to take when using the product.
An SDS for a paint product may contain details on the chemicals used in the paint and any potential dangers.
An SDS for a product used in a laboratory setting may provide information on the possible health effects of the chemicals in the product and handling safety measures.
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the question is incomplete. the complete question is
What pieces of information will you find on the safety data sheet Walmart?
(Process Analysis with Multiple Flow Units) Consider a process consisting of five
resources that are operated eight hours per day. The process works on three different products,
A, B, and C:
Demand for the three different products is as follows: product A, 40 units per day; product
B, 50 units per day; and product C, 60 units per day.
What is the bottleneck? What is the flow rate for each flow unit assuming that demand
must be served in the mix described above (i.e., for every four units of A, there are five units of B and six units of C)?
Answers
Answer: We can identify the bottleneck in the process by calculating the processing times for each product at each resource. Assuming that each resource can process one unit of a product per hour, we can use the following table to calculate the processing times
Explanation: Using the table, we can calculate the processing times for each product at each resource by adding up the time required for each resource to process one unit of the product. For example, the processing time for product A at resource 1 is 1 hour, resource 2 is 2 hours, and so on.
Based on the table, we can see that the bottleneck resource is resource 4, which has the longest processing time for all three products. The maximum capacity of the process is therefore limited by the capacity of resource 4, which operates for 8 hours per day.
We also need to determine the maximum flow rate for each flow unit, taking into account the demand mix specified in the problem. For every four units of product A, we need to produce five units of product B and six units of product C.
Given the demand mix and the maximum capacity of the bottleneck resource, we can calculate the maximum flow rates for each product as follows:
For product A, the flow rate is 40 units per day, or 5 units per hour (40/8). Since the processing time for product A at the bottleneck resource is 3 hours, the maximum flow rate for product A is 5/3 = 1.67 units per hour.
For product B, the flow rate is 50 units per day, or 6.25 units per hour (50/8). Since the processing time for product B at the bottleneck resource is 3 hours, the maximum flow rate for product B is 6.25/3 = 2.08 units per hour.
For product C, the flow rate is 60 units per day, or 7.5 units per hour (60/8). Since the processing time for product C at the bottleneck resource is 3 hours, the maximum flow rate for product C is 7.5/3 = 2.5 units per hour.
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:
Expense Basis for allocation Amount
Rent Square feet of floor space $ 30,000
Advertising Amount of dollar sales 36,000
Administrative Number of employees 51,000
The following information is available for its three operating (sales) departments:
Department Square Feet Dollar Sales Number of employees
A 3,200 $ 236,000 5
B 4,800 $ 354,000 7
C 8,000 $ 590,000 8
Totals 16,000 $ 1,180,000 20
What is the total expense allocated to Department B?
Answers
- Rent: $30,000 / 16,000 sq ft = $1.875 per sq ft
- Advertising: $36,000 / $1,180,000 = 0.03 per dollar of sales
- Administrative: $51,000 / 20 employees = $2,550 per employee
Using these allocation rates, we can allocate the expenses to each department:
- Department A: (3,200 sq ft x $1.875/sq ft) + ($236,000 x 0.03) + (5 employees x $2,550/employee) = $6,000 + $7,080 + $12,750 = $25,830
- Department B: (4,800 sq ft x $1.875/sq ft) + ($354,000 x 0.03) + (7 employees x $2,550/employee) = $9,000 + $10,620 + $17,850 = $37,470
- Department C: (8,000 sq ft x $1.875/sq ft) + ($590,000 x 0.03) + (8 employees x $2,550/employee) = $15,000 + $17,700 + $20,400 = $53,100
Therefore, the total expense allocated to Department B is $37,470.
Which of the following is not the reason for writing a business report
Answers
Entertainment is not the reason for writing a business report.
A business is defined as a company or enterprising entity engaged in commercial, industrial, or expert sports. corporations may be for-income entities or non-profit corporations. enterprise types vary from restrained liability groups to sole proprietorships, organizations, and partnerships.
Businesses assist society first thru the distribution of products and services which are vital for survival. furthermore, they create employment possibilities that help individuals within society earn earnings to have the funds for their wishes.
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How do answer this question?
Answers
To calculate the Percent change the formula applied as
A. Percent Change = ((New Value - Old Value)/Old Value) x 100
Year 2: ((66-60)/60) x 100 = 10.00%
Year 3: ((72-66)/66) x 100 = 9.09%
Year 4: ((81-72)/72) x 100 = 12.50%
Year 5: ((94-81)/81) x 100 = 16.05%
Year 6: ((160-94)/94) x 100 = 70.21%
Year 7: ((270-160)/160) x 100 = 68.75%
Year 8: ((450-270)/270) x 100 = 66.67%
B. Calculation of percent change for the entire period
Percent Change = ((Final Value - Initial Value)/Initial Value) x 100
((450-60)/60) x 100 = 650.00%
C. Based on the information presented, it is difficult to say whether this is a bubble or not. While there are significant percentage gains during the eight-year period, meanwhile fluctuation is also observed in percent change.
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1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 2. Net profit margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 3. Return on total assets. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 4. Return on equity. (Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34).)
Answers
Answer:
A. 34.2%
B. 4.5%
C. 8.1%
D.10.64%
Explanation:
a) Calculation to determine Gross margin percentage
Using this formula
Gross margin percentage = Gross profit/Net Sales
Let plug in the formula
Gross margin percentage= 27000/79000
Gross margin percentage = 34.2%
b) Calculation to determine Net profit margin
Using this formula
Net profit margin = Net income/Net Sales
Let plug in the formula
Net profit margin = 3540/79000
Net profit margin = 4.5%
c) Calculation to determine Return on assets
Using this formula
Return on assets = (Net income+Interest expense)/Average total assets
Let plug in the formula
Return on assets = (3540+360)/48120
Return on assets= 8.1%
d) Calculation to determine Return on equity
Using this formula
Return on equity
= Net income/Average equity
Let plug in the formula
Return on equity = 3540/33270
Return on equity =10.64%
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answers
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.
Required:
Compute the company’s residual income for the year.
Answers
Answer: 165,000
Explanation:
To compute the company’s residual income for the year, we can use the formula:
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Given: Net Operating Income = $420,000 sales = $1,500,000
Average Operating Assets = $1,700,000
Minimum Required Rate of Return = 15% = 0.15
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Residual Income = $420,000 – (0.15 x $1,700,000)
Residual Income = $420,000 – $255,000
Residual Income = $165,000
Therefore, the company’s residual income for the year was $165,000.
The Rational Rule for Buyers O compares the benefit of buying an additional unit of the item to the cost of that item. O compares the total benefit of all units to the total price of all units purchased. O only applies to buyers who are buying necessities as opposed to luxury items. O compares the cost of production of an item to the price of the item.
Answers
The correct option is A. The Rational Rule for Buyers compares the benefit of buying an additional unit of the item to the cost of that item.
Rational rules argue that at least a few significant additives of our ethical structures are indeed ecologically rational: they are proper at assisting us to reap not unusual goals. Nichols argues that the account might be prolonged to seize moral motivation as a unique case of a much extra-preferred phenomenon of normative motivation.
Rational conduct is the cornerstone of rational preference theory, a principle of economics that assumes that individuals always make choices that offer them the very best amount of personal software. those decisions provide human beings with the greatest advantage or pleasure given the alternatives to be had. The monetary rationality precept is primarily based on the concept that humans behave in rational methods and keep in mind alternatives and choices inside logical structures of ideas, in preference to concerning emotional, moral, or psychological elements.
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Complete Question:
The Rational Rule for Buyers
A). compares the benefit of buying an additional unit of the item to the cost of that item.
B). compares the total benefit of all units to the total price of all units purchased.
C). only applies to buyers who are buying necessities as opposed to luxury items.
D). compares the cost of production of an item to the price of the item.
Which of the following combinations of cheese and wine could France produce in 40 hours ?
Answers
Based on the table, the combinations of cheese and wine that France could produce in 40 hours is a. 8 units of cheese and 20 units of wine.
How to determine the combinations of cheese and wine that France could produce in 40 hours?We shall estimate the number of units of cheese and wine that France can produce in 40 hours.
From the table:
France takes 5 hours to make 1 unit of cheese.
France takes 2 hours to make 1 unit of wine.
To compute the number of units France can produce in 40 hours, we divide 40 by the respective hours:
For cheese: 40 hours / 5 hours per unit = 8 units.
For wine: 40 hours / 2 hours per unit = 20 units.
Hence, the combination of cheese and wine that France could produce in 40 hours is 8 units of cheese and 20 units of wine.
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In 2014, a drought in the Midwest raised grain prices, leading to a decline in the size of cattle herds. Ultimately, the price of ground beef rose from about $3 a pound to over $4 by 2015. Demonstrate graphically the effect of the drought on equilibrium price and quantity in the ground beef market.
Answers
Answer:
please check the attached image for a graphical representation
Explanation:
As a result of the drought, the supply of ground beef would fall. This would lead to a leftward shift of the demand curve. As a result equilibrium price would rise and equilibrium quantity would fall
Which of the following is an example of architecture technology?
A: GPS devices
B: Blueprints
C: Prototypes
Answers
Answer:
prototypes
Its a screen that can design tools.
How impactful was high shipping demand on customers questions
Answers
Answer:
Extremely impactful.
Hope this helps! :)
The premium on a three-year insurance policy expiring on December 31, 20x11, was paid in total on January 1, 20x9. The original payment was initially debited to a prepaid asset account. The appropriate journal entry has been recorded on December 31, 20x9. The balance in the prepaid asset account on December 31, 20x9 should be Select one: a. The same as the original payment b. The same as it would have been if the original payment had been debited initially to an expense account c. Higher than if the original payment had been debited initially to an expense account d. Zero Check
Answers
Answer:
b. The same as it would have been if the original payment had been debited initially to an expense account
Explanation:
We can use an example to explain this:
original journal entry to record a 3 year insurance policy on January 1 is:
Dr Prepaid insurance 3,600
Cr Cash 3,600
Adjusting entry on December 31
Dr Insurance expense 1,200
Cr Prepaid insurance 1,200
balance of prepaid insurance = $3,600 - $1,200 = $2,400
If instead of recording prepaid insurance on January 1, you recorded insurance expense:
Dr Insurance expense 3,600
Cr Cash 3,600
Adjusting entry on December 31
Dr Prepaid insurance 2,400
Cr Insurance expense 2,400
balance of prepaid insurance = $2,400
Like a good economist, you calculated the cost of getting your college degree, including the opportunity cost. Suppose that at your university, you will pay $10,000 each year for tuition, $2,000 each year for textbooks, and $12,000 per year for room and board. Before you left for college, your boss at your high-school job offered you a job paying $25,000 per year.
Assume that if you decided not to go to college, your parents would let you live at home for free.
Including the opportunity cost, what is the cost of attending four years of college?
Answers
First, calculate the total cost of attending college.
Tuition: $10,000 * 4 = $40,000
Textbooks: $2,000 * 4 = $8,000
Room and board: $12,000 * 4 = $48,000
$40,000 + $8,000 + $48,000 = $96,000.
Next, calculate the opportunity cost. This is the loss of potential gain you could have made upon choosing this alternative. In this case, the amount of money lost by not working for your high school boss for four years.
$25,000 * 4 = $100,000.
Finally, add those together. $96,000 + $100,000 = $196,000.
The cost of attending four years of college, including the opportunity cost, is $196,000.
May 31, Novac Corp. Has net sales of $415,000 in cost of goods available for sale of $286,000 compute the estimated cost of the ending inventory assuming the gross profit rate is 37%
Answers
Answer:
$24,550
Explanation:
Computation for the estimated cost of the ending inventory
Net Sales = $415,000
Gross Profit rate= 37%
Cost of goods Sold = 100%- 37% = 63%
Cost of Goods Sold =$415,000*63% = $261,450
Cost of Goods Available for sale = $286,000
Using this formula
Estimated Cost of Ending Inventory= Cost of goods available for sale - Cost of Goods Sold
Let plug in the formula
Estimated Cost of Ending Inventory = $286,000-$261,450
Estimated Cost of Ending Inventory = $24,550
Therefore the estimated cost of the ending inventory is $24,550
using the attached table, what is the present value today of $2,300 received two years from now with a rate of return equal to 4%? multiple choice question. $2,211.54 $2,212.60 $2,127.50 $2,392.00
Answers
The present value of $2,300 received two years from now with a rate of return equal to 4% is $2,211.54.
To calculate this, you would use the present value formula of:
Present Value = Future Value/(1+r)n
Where Future Value is the amount you receive in the future, r is the rate of return, and n is the number of years.
For this problem, Future Value = $2,300, r = 0.04 (4% expressed as a decimal), and n = 2.
Substituting in these values to the formula, we get:
Present Value = $2,300/(1+0.04)2
Simplifying this, we get:
Present Value = $2,300/1.0816
Therefore, the present value of $2,300 received two years from now with a rate of return equal to 4% is $2,211.54.
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When is sales intelligence important? What are the three most important pieces of sales intelligence a salesperson needs to know?
Answers
Answer:
it gives insight into who your prospects are so you can more effectively reach and connect with them. helping sales leaders better understand their prospects and customers, who they are, and how and why they buy. provides real-time analysis of current sales data and assists with suggesting and delivering actionable, relevant information.
Explanation: