The reasonable expectancies hypothesis contends that the past has an impact on the future. The theory also contends that individuals often make the right choices because they do so in light of both the facts at hand and their prior experiences.
According to monetarist theory, velocity is typically steady, which suggests that the money supply mostly determines nominal income. Nominal income fluctuations are a result of variations in both inflation and real economic activity (the amount of goods and services sold) (the average price paid for them). According to monetarists, inflation is entirely a monetary phenomena that can only be caused by increasing the money supply faster than the rate of increase in capacity production. The rational expectations theory is predicated on the idea that both the resource market and the market for goods are fiercely competitive. Being motivated by or founded on reasoning is the trait of being rational.
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activities can be delayed only to the point where all their positive slack is used up, as any further delays would cause the project to
Activities can be delayed only to the point where all their positive slack is used up, as any further delays would cause the project to extend beyond the project completion time.
A project is any work that is intentionally planned to achieve a certain goal, whether done alone or in collaboration with others, and which may involve research or design. An alternative perspective describes a project as a series of connected tasks that must be completed within a specific time, budget, and other constraints.
A project can be a temporary social structure with groups working within a time limit to complete certain tasks. A project can be used as a special system or as part of a larger program management framework.
Hence the correct option is B
The above question is incomplete, the complete question is-
Activities can be delayed only to the point where all their positive slack is used up, as any further delays would cause the project to
a. increase costs of all the activities in the project.
b. extend beyond the project completion time.
c. be completed ahead of schedule.
d. increase its requirements for additional resources for all activities.
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Which Airlines lounges are the best ?
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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Using your economic knowledge and the information you learned about Oprah Winfrey compose a well-written three-paragraph biography about her that illustrates the importance of the US market-based economy in the entrepreneur’s success.
Oprah Winfrey taught me that the power lies in your fear of it. Real freedom comes from facing the truth. Oprah always saw potential in taking chances, as any great leader would. The biggest risk in life, in her opinion, is not having the courage to take a chance.
Why it is called an entrepreneur?A firm or enterprise's organizer, manager, and risk taker is referred to as the entrepreneur. An entrepreneur is a change agent. Finding innovative methods to combine resources is the process of entrepreneurship.
When the market value created by this novel combination of resources is higher than the market value that these resources separately or in other combinations could create elsewhere, the entrepreneur is successful.
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Which are the four functions motor freight terminals usually serve?
Answer:
The main function of a terminal is to handle and transship freight or passengers since modes are physically separated. They have a nominal capacity which is related to the amount of land they occupy and their level of technological, labor and managerial intensity.
Explanation:
Modes are physically separated, a terminal's primary purpose is to handle and transship freight or passengers. They have a nominal capacity that depends on how much land they occupy and how intensely they employ technology, labor, and management.
What is terminals?Having facilities for handling passengers and freight at either end of a carrier line. A freight or passenger station that is strategically located or acts as a junction with other lines at any point.
Since modes are physically separated, the main purpose of a terminal is to handle and transship freight or passengers.
Thus, Modes are physically separated, a terminal's primary purpose is to handle
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discuss whether or not a merger would make it easier for a firm to achieve its goals how to reduced competition monopoly
In the perfect competition model, the nature of the scale returns poses severe crises, whatever the case though. Sise believes that the recoveries of scale exist increasing, the supply of companies exists infinite; if they exist constant, the offer exists null, infinite, or indeterminate (equilibrium case); if they exist lowering, the profit of the companies exists strictly positive in the balance '. In the last case, if they could do so, companies would be curious in separating themselves, without any limitation, into commodities as diminutive as possible.
What is a monopoly that reduces competition?Under a monopoly, there exists only one company that shows a product or service, participates in no competition, and puts the price, therefore creating it a price maker sooner than a price taker.
Monopolistic competition exists when many firms offer competitive products or services that are similar, but not exact, substitutes.
In the perfect competition model, the nature of the scale returns poses severe crises, whatever the case though. In the last case, if they could do so, companies would be curious in separating themselves, without any limitation, into commodities as diminutive as possible.
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I need a an idea of followership introduction help me!
Followership refers to the role, behavior, and actions of individuals who are not in a leadership position, but rather, they support and collaborate with their leaders to achieve shared goals. Followership is an essential aspect of organizational success, as it complements leadership and fosters a harmonious work environment.
Effective followers exhibit characteristics such as being proactive, taking responsibility, and engaging in open communication with their leaders. They also possess the ability to think critically and provide valuable feedback for the betterment of the team. By embracing the principles of followership, individuals contribute positively to the overall performance and morale of the organization.
It is important to note that followership does not imply blind obedience or passivity. Instead, it involves active engagement and collaboration with leaders to achieve common objectives. In this dynamic relationship, leaders and followers must work together, learn from each other, and adapt to changing circumstances.
In conclusion, followership is a vital component of successful organizations and plays a significant role in accomplishing shared goals. By cultivating strong followership skills, individuals can effectively support their leaders, enhance team performance, and contribute to the growth and success of the organization.
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Jack plans on using network ATMs about 4 times per month. What would be Jack’s total estimated annual fees for a checking account with direct paycheck deposit, one overdraft per year, and no 2nd copies of statements?
Jack plans on using network ATMs about 4 times per month
$448.68 would be Jack’s total estimated annual fees for a checking account with direct paycheck deposit, one overdraft per year, and no 2nd copies of statements
To estimate Jack’s total annual charges for a bank account, we need to don't forget the subsequent kinds of prices:
Monthly preservation price: This is a rate charged by way of some banks for having a bank account. According to the hunt results, the average monthly renovation rate at top U.S. Banks is $9.601, however it is able to range from $zero to $202.
Some banks may additionally waive this rate if certain necessities are met, consisting of having direct deposit or preserving a minimal stability.
ATM rate: This is a rate charged through some banks for the use of an ATM that isn't always in their network. According to the quest outcomes, the average combined cost of an out-of-network ATM transaction is $four.663, which includes the rate assessed by one’s very own bank and the fee levied by the ATM owner.
Some banks may additionally reimburse some or all of these expenses for certain debts.
Overdraft fee: This is a charge charged by way of a few banks when a transaction reasons the checking account balance to drop beneath 0. According to the hunt effects, the common overdraft charge declined to $29.80 in 20223, but it can range depending at the bank and the kind of transaction.
Some banks may additionally offer overdraft protection services that could reduce or remove those fees.
Purchase bargain lost: This isn't a rate charged by the bank, however alternatively an possibility price of now not taking advantage of a purchase discount supplied through a seller. For example, if a supplier gives a 2% discount for paying within 10 days, however Jack can pay after 30 days, he loses the 2% cut price.
This can be considered as an implicit cost of the use of a bank account.
Assuming that Jack has a bank account with direct deposit and pays the average expenses for every class, we are able to estimate his general annual charges as follows:
Monthly renovation fee: $nine.60 x 365 days = $115.20
ATM rate: $4.66 x four times consistent with month x 12 months = $223.68
Overdraft rate: $29.80 x 1 time according to year = $29.80
Purchase discount lost: $4,000 x 0.02 = $80
Adding up these costs, we get:
Total annual expenses=115.20+223.Sixty eight+29.Eighty+eighty
Simplifying, we get:
Total annual prices=448.68
Therefore, Jack’s total envisioned annual costs for a bank account are $448.68.
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Identify the examples of lifestyles. Check all that apply. 1)Gilbert has very good eyesight. 2)Ronnie has parents with strong political opinions. 3Juniper works long hours and travels for business often. 4)Lynn is good at math. 5)Elmer works from home, and volunteers at an animal shelter. 6)Sue monitors her diet and purchasing habits to reduce her impact on the environment.
Answer: Juniper, Elmer, Sue
Explanation: Just aced the assignment
Need help with some questions
Answer:
8
Explanation:
ph is cool watch it
Question 49
A producer may share commission with
O the underwriter of the insurance company
O another licensed but unappointed producer
O the insured to offset a portion of the premium payable
O an unlicensed person who has sold, solicited, or negotiated a policy of insurance
2 of 50 Questions Remaining
The correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer. b is correct answer
A producer may share commission with another licensed but unappointed producer.
In the insurance industry, a producer is an individual or entity that sells, solicits, or negotiates insurance policies. Producers can be insurance agents, brokers, or other licensed professionals authorized to conduct insurance transactions. Commissions are the compensation received by producers for their services in selling insurance policies.
While producers typically earn commissions based on the premiums paid by policyholders, they may also share commissions with other licensed individuals who are not appointed producers. These individuals are usually part of the same agency or brokerage and contribute to the sales process. By sharing commissions, producers can incentivize teamwork, encourage collaboration, and reward the efforts of their colleagues.
It's important to note that sharing commissions with unlicensed individuals who have sold, solicited, or negotiated insurance policies is generally not allowed. Insurance regulations require that only licensed individuals engage in insurance-related activities. Unlicensed individuals do not have the necessary qualifications, training, and legal authorization to participate in the sales process or receive commissions.
The sharing of commissions with the underwriter of the insurance company or the insured to offset a portion of the premium payable is also uncommon. The underwriter is responsible for assessing risk and determining policy terms, while the insured pays premiums to obtain coverage. Commissions are typically allocated to the producer involved in the sale and are not shared with the underwriter or the insured.
Therefore, the correct answer to question 49 is that a producer may share commission with another licensed but unappointed producer.
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Describe the nature of a manufacturing businesses
Answer:
manufacturing business is any business that uses components, parts or raw materials to make a finished good. These finished goods can be sold directly to consumers or to other manufacturing businesses that use them for making a different product.
if the average cost of transporting a passenger on the train from chicago to st. louis is $75, it would be irrational for the railroad to allow any passenger to ride for less than $75. t or f
The statement ''if the average cost of transporting a passenger on the train from Chicago to st. Louis is $75, it would be irrational for the railroad to allow any passenger to ride for less than $75'' false.
This is because it would not be irrational for the railroad to allow some passengers to ride for less than $75, even if the average cost of transporting a passenger is $75.
The average cost is calculated by taking the total cost of production and dividing it by the number of units produced. However, the marginal cost (the cost of producing one additional unit) is what is relevant for pricing decisions.
Allowing some passengers to ride for less than $75, and charging a higher price for others, can increase the overall revenue and still be profitable for the company. Additionally, there can be other factors such as competition, demand, and market trends that can influence the price decision.
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Latosha's department has been introducing new goods and services on a rapid-fire basis over the past two years. However, business is down, largely
because customer feedback on the usefulness, reliability, and durability of the new goods and services is negative. Latosha's division manager, Viceroy,
reviews the situation and concludes that the innovation of Latosha's department is good; however,
is poor.
Bill's department has been introducing new goods and services on a rapid-fire basis over the past two years However business is down largely because customer feedback on the usefulness reliability and durability of the new goods and services is negative. Bill's division manager Anne, reviews the situation. Anne concludes that the innovation of Bill's department is good however Quantity is poor.
A bill payment service is usually a free feature of a bank account usually a checking account. After you sign up and provide your billing provider information to your bank, your bank will pay your bills on time and deduct the bill payment from your account balance. Examples of utilities include electricity, water, and gas.
Depending on how you define your utilities, you could also add sewage garbage recycling television internet phone and streaming services to this list. your phone bill your electricity bill. Telephone charges are generally considered utility charges. However, this only refers to fixed networks and not mobile phones. The bills issued by telephone companies are utility bills, and they provide services to the public in the same way that electric utilities do.
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Can independence in fact or independence in appearance stand alone?
Independence in fact is the foundation that gives substance and meaning to a person's independence, while independence in appearance focuses on the external projection of independence
Distinction between independence in fact and independence in appearanceIndependence in fact: This refers to a person's actual ability to make decisions, take action, and manage their own affairs without relying heavily on others.
Independence in appearance: This pertains to how independent a person appears or is perceived by others. It focuses on the external manifestations
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Your uncle is sole pro-
prietor of a camera shop. You know much more about digital cameras than he does. He is looking for a
partner. What questions would you ask him before you would consider going into business with him?
Answer:
Does he know managerial and literacy work such as account book keeping, purchase and sale record keeping etc.
Explanation:
Because I will do the sale and purchase of the camera and other technical work myself.
if there are 25 number 05 buyers what will be market demand
Answer:
its demand increases and when the price of a commodity rises,
Explanation:
demand decreases other things remaining constant.
the management of sweet scent believe that the more the company spends on advertising the more profitable the product will be. do you think they are right? justify your answer
It is possible that increasing advertising spending can lead to increased profitability for a company, but it is not necessarily a guaranteed outcome. There are many factors that can influence the effectiveness of advertising, and it is important for a company to carefully consider and analyze these factors before making decisions about advertising spending.
One important factor to consider is the target audience for the product. If the target audience is not aware of the product or is not interested in the product, then increasing advertising spending may not have a significant impact on profitability.
It is also important to consider the overall market and competitive environment in which the product is being sold. If the market is saturated with similar products, or if there are strong competitors offering similar products, then it may be more difficult for a company to increase profitability through advertising alone.
In these situations, it may be necessary for a company to differentiate its product through other means, such as offering unique features or benefits, or by targeting a specific niche within the market.
Overall, while advertising can be an important factor in the success of a product, it is not the only factor, and it is important for a company to carefully consider the full range of factors that can influence profitability when making decisions about advertising spending.
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Objectives of pep stores
Answer:
The answer is below
Explanation:
PEP is a big store that is located in South Africa and other African countries.
Based on the PEP mission and vision and according to the company's website, the Objectives of PEP stores are:
1. To be the friendliest and most trusted retailer for this market.
2. To offer wanted products and services at the lowest possible prices
3. To meet changing consumer needs.
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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The Income Summary account is closed to which of the following accounts?
A. Retained Earnings
B. Withdrawals
C. Expenses
D. Dividends
The Income Summary account is closed to Retained Earnings account. The correct option is A.
What is retained earnings?Retained earnings are the total of a company's net income and net losses over all of its years of operation. Retained earnings are a component of stockholders' equity on the balance sheet.
On a balance sheet, retained earnings are not considered an asset. They are reported as a line item on the balance sheet's shareholder's equity section rather than the asset section.
While retained earnings can be reinvested as assets, they are not assets in and of themselves.
In businesses, the income summary is closed to the retained earnings account.
Only the income statement items are closed to the income summary. In the given situation, they include rent and supply expenses.
Thus, the correct option is A.
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Please answer the questions in the photo
2. The types of businesses that market their goods are businesses that would want to reach a larger consumer base for their products
The businesses that market goodsVarious types of businesses market goods and services. These businesses can be classified based on the nature of the products or services they offer, the target market they serve, or the way they sell their goods and services.
One way to classify businesses is by the products or services they offer, such as:
Consumer goods: These are products meant for personal or household use, such as clothing, electronics, or food. Examples of businesses that market consumer goods include Walmart, Best Buy, and McDonald's.
Business-to-business (B2B) goods: These are products or services that companies sell to other businesses. Examples include raw materials, office supplies, and consulting services. Businesses that market B2B goods include Staples, Accenture, and Grainger.
Services: These are non-tangible offerings, such as healthcare, education, or banking. Examples of businesses that market services include hospitals, universities, and Bank of America.
Another way to classify businesses is by the way they sell their goods or services, such as:
Brick-and-mortar: These are businesses with a physical location where customers can come to buy products or services. Examples include Target, Starbucks, and Home Depot.
E-commerce: These are businesses that sell products or services through the internet, such as Amazon, eBay, and Etsy.
Direct sales: These are businesses that sell products or services directly to consumers, often through home-based sales parties or personal consultations. Examples include Avon, Mary Kay, and Tupperware.
3. If you're interested in starting a retail business, here are some types of retailers and their pros and cons to consider:
Brick-and-mortar store: This is a traditional retail store with a physical location. Pros include the ability to offer a personalized shopping experience, the opportunity to connect with the local community, and the ability to display products for customers to see and touch. Cons include the high overhead costs of renting or owning a storefront, the need to hire and manage employees, and the risk of losing business to online competitors.
E-commerce store: This is a retail business that operates exclusively online. Pros include the ability to reach a wider customer base, the convenience of shopping from home, and the lower overhead costs of not needing a physical storefront. Cons include the need to invest in website design and development, the difficulty of standing out among competitors, and the challenges of managing shipping and returns.
Pop-up store: This is a temporary retail location that can be set up in various places, such as a mall or a street corner. Pros include the ability to test the market and experiment with different locations, the flexibility of not being tied to a long-term lease, and the opportunity to create buzz and excitement around the brand. Cons include the need to constantly move and set up shop, the challenges of finding a suitable location, and the risk of not generating enough revenue during the limited time period.
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The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.
On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.
To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.
For project X:
The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.
The initial cash outlay is Rs 100,000.
The discount rate is 10%.
To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:
NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000
Simplifying the calculations:
NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000
= 9,302
The net present value (NPV) for project X is Rs 9,302.
For project Y:
The cash inflow for each year is Rs 12,500 for 7 years.
The initial cash outlay is Rs 50,000.
The discount rate is 12%.
Using the same formula as above, we calculate the NPV for project Y:
NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000
Simplifying the calculations:
NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000
= 11,042
The net present value (NPV) for project Y is Rs 11,042.
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The accumulation of years of spending more money than is collected in revenues over several years creates a budget
O debt
O deficit
Osurplus
Oreversal
Answer:
deficit
Explanation:
Indeed, when a government accumulates years of spending more money than is collected in revenues a deficit budget is created as result.
For example, the United States is estimated to have a national debt of about 27 trillion dollars; meaning it has incurred expenses worth more than the total revenues gotten in the country for years. In other to prevent or go out from a deficit budget, more revenue-generating sources needs to be created in the economy so the country can operate a balanced budget.
Answer:
B
Explanation:
Deficit
Propose your top three potential social causes for your organization and why your selected social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign.
By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.
There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.
As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.
2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.
3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.
A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.
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Tammy, a resident of Virginia, is considering whether to purchase a $100, 000 North Carolina bond that yields 4.6% before tax. She is in the 35% Federal marginal tax bracket and the 5% state marginal tax bracket. Tammy is aware that State of Virginia bonds of comparable risk are yielding 4.5%. Virginia bonds are exempt from Virginia tax, but the North Carolina bond interest is taxable in Virginia. Tammy can deduct all state taxes paid on her Federal income tax return. If required, round your computations and answers to the nearest dollar.
Determine the after tax income from each bond.
Virginia Bond: __________
North Carolina Bond: ____________
Which of the two options will provide the greater after-tax return to Tammy?
Answer:
A. Virginia Bond: $4,500
North Carolina Bond: $4,451
B. Virginia Bond
Explanation:
A. Calculation to Determine the after tax income for Virginia Bond
Using this formula
After tax income for Virginia Bond=Face value*Virginia bonds of comparable risk
Let plug in the formula
After tax income for Virginia Bond=$100,000*4.5%
After tax income for Virginia Bond=$4,500
Calculation to Determine the after tax income for North Carolina Bond
Interest income before tax $4,600
(100,000*4.60)
Less State marginal tax ($230)
(5%*$4,600)
Interest income net of state tax $4,370
($4,600-$230)
Add Federal marginal tax $81
(35%*230)
After tax income for Noth Caroline Bond $4,451
Therefore the the after tax income from each bond will be:
Virginia Bond: $4,500
North Carolina Bond: $4,451
B. Based on the above calculation the options that will provide the greater after-tax return to Tammy will be VIRGINIA BOND reason be that it has high After tax income of the amount of $4,500 compare to Noth Caroline Bond which has After tax income of the amount of $4,451.
Why is email etiquette so important in a workplace?
Answer:
I don't know
Explanation:
5964165416451541
Young Manufacturing uses the sum-of-the-years-digits method of depreciation. A piece of
heavy equipment costing $37,500 has an estimated life of five years and an estimated scrap
value of $2,700.
Refer to Young Manufacturing. Compute the amount of depreciation taken in the third year.
If Young Manufacturing uses the sum-of-the-years-digits method of depreciation. the amount of depreciation taken in the third year is $4640.
How to find the depreciation?Total years of useful life = 1 + 2 + 3 + 4 + 5
Total years of useful life = 15
Sum of digits = 1 + 2 + 3 + 4 + 5
Sum of digits = 15
Fraction of depreciation = Remaining years of useful life / Sum of digits
Fraction of depreciation = (5 - 3) / 15
Fraction of depreciation = 2 / 15
Depreciation expense = Total depreciable cost x Fraction of depreciation
Depreciation expense = (Cost - Scrap value) x Fraction of depreciation
Depreciation expense = ($37,500 - $2,700) x (2 / 15)
Depreciation expense = $4,640
Therefore the depreciation $4,640.
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Agatha's Inc. is about to introduce a new product in the market, but is not sure as to how it should price the product. The company is facing intense competition from five other companies. In such a situation, what should be Agatha’s Inc. pricing objective
Answer and Explanation:
There are two main pricing objective and strategy i.e competitive pricing and penetrative pricing which are explained below:
1. Competitive pricing :
In this Agatha's Inc, all five rivals should evaluate pricing models for a related kind of product. If your product has a little more value added than your collegaues, then you can establish a target price target that is higher than the competitors.
Now to do that, it's necessary to send the customer a message that they're purchasing value for a price.
2. Penetrative pricing :
When the target price is set on the basis of the competitive pricing model , it is important to obtain the product favourably from the consumer and to do so you can start selling a little lower than the target price and sell the goods as a discount or promotional deal.
If the initial sales are strong and buyers like the product then return the product to target pricing and do intensive marketing to sell the message that the product 's cost is a bargain for the value provided by the company.
The mixture of the above two pricing strategies would ensure a better positioning of Agatha's Inc product with better profitability.
Case Description
Tablets have become an ubiquitos part of our lives. The first models were launched in US in the year 2010.
Sales data is available for the first seven years (See below). As part of your analysis on the outlook for this industry:
a) How would you characterize the future for tablets? Are consumers crazy about this technology or are luke warm?
b) Prepare a five year forecast for this industry; has the market reached its peak (please identify the demand peak).
Please use the Bass Model Estimator provided. Use the spreadsheet tab called "Analysis Report"
Please clearly provide market size assumptions and justifications.
Year Annual Sales (Units Sold)
2010 3,000,000
2011 10,000,000
2012 25,000,000
2013 34,000,000
2014 39,000,000
2015 45,000,000
2016 51,000,000
Answer:
a) According to the published sales statistics, it appears that the initial release of tablets in 2010 was warmly accepted by customers, since sales increased quickly in the years that followed. With only a 13% rise in revenue from 2015 to 2016, the rate of growth has slowed recently. This shows that customer enthusiasm for the technology may be waning.
b) We will utilize the Bass Model Estimator available on the "Analysis Report" page to project sales over the following five years. The "coefficient of innovation" (p) of this model accounts for the number of customers who have embraced the technology as well as the number of potential consumers who have not yet adopted the technology but may be persuaded to do so.
Explanation:
Who is more likely to object to a proposed 1 percentage point increase in the city sales tax—the owner of a local liquor store or the owner of a local video rental store? Why?
Answer:
The owner of a local liquor store.
Explanation:
Rentals are not taxed in some places.