Type the correct answer in the box. Spell all words correctly.
Which technology was used to try and prevent illegal recording, copying, and distribution of movies and TV shows?
The FTC was unsuccessful in their attempt to enforce
movies and television shows.
technology to prevent illegal recording, copying, and distribution of movies and television shows
Answers
Digital Rights Management (DRM) technology was used to try and prevent illegal recording, copying, and distribution of movies and TV shows.
DRM technologies employ encryption, watermarking, access controls, and other mechanisms to restrict unauthorized access, copying, and sharing of digital content. These technologies aim to enforce copyright protection by limiting the ability to duplicate or redistribute copyrighted material without permission.
However, despite the implementation of DRM, it has proven to be a challenging task to completely prevent illegal recording, copying, and distribution of movies and TV shows. Determined individuals and piracy communities have found ways to circumvent DRM measures through various methods such as cracking encryption, removing watermarks, or using screen capture software.
The Federal Trade Commission (FTC) has been involved in regulating and enforcing consumer protection laws in the United States. While the FTC may have played a role in addressing deceptive practices or unfair trade practices related to movies and television shows, its jurisdiction and effectiveness in enforcing DRM technology to prevent piracy may be limited.
Overall, DRM technology has been widely employed as an attempt to protect copyrighted content, but its effectiveness in preventing illegal recording, copying, and distribution of movies and TV shows has faced ongoing challenges due to the continuous advancement of technology and the persistent efforts of individuals engaged in piracy.
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Related Questions
Does anyone know how to do this worksheet? I need help
Answers
Answer:
Here are the answers for 1-23 that i've found so far,
I'll try to find the rest of the answers
Explanation:
In which TWO ways can a wiki benefit the employees of a business?
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
C. It helps them evaluate each other’s performance.
D. It provides them with a space to store process and project information.
C. It provides a platform where they can upload entertaining videos.
Answers
The ways can a wiki benefit the employees of a business are:
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
What does wiki means?The term wiki is one that is often spelled as "Wiki". This is known to be a server program that is said to often give room for a lot of users to work together in creating the content of a Web site.
Note that the term is one that is known to have originated from the word "wikiwiki," that connote or means "fast" when called in the Hawaiian language.
Therefore, The ways can a wiki benefit the employees of a business are:
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
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Which type of bond is sold at face value?
SEP
CD
Series I Savings Bond
Series EE Savings Bonds
Answers
The type of bond sold at face value are Series I savings bond and Series EE savings Bonds.
An IOU-like debt security is called a bond. Borrowers issue bonds to attract capital from investors ready to extend a loan to them for a specific period of time. When you purchase a bond, you are making a loan to the issuer, a corporation, a government, or a municipality.
Governments and businesses both issue bonds to raise money. By purchasing a bond, you are making a loan to the issuer, who agrees to repay the face value of the loan on a specific date and you pay along the way, you will receive periodic interest payments—typically twice a year.
The correct answer are both "3rd and 4th" option.
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Which statement is false?
1. The eight largest mergers in the United States took place between 2005 and 2015.
2.The largest corporate mergers in the United States took place between 2005 and 2000.
3. There has never been a corporate merger in the United States of over $100 billion.
4. Many of the largest corporate mergers in our history took place during the period 1998–2000.
Answers
The largest corporate mergers in the United States took place between 2005 and 2000 is the statement is false. Hence, option B is correct.
Through a merger, two distinct companies become one new legal entity. Since it's uncommon for two comparable businesses to benefit equally by pooling their resources and personnel, including their CEOs, true mergers are uncommon. Acquisitions, unlike mergers, do not lead to the creation of a new corporation.
Conglomerate mergers, horizontal mergers, market extension mergers, vertical mergers, and product extension mergers are the five most frequently mentioned types of company combinations known as mergers.
Thus, option B is correct.
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1. Explain the role of values in the making of business ethics. How these can be incorporated in working out business strategy?
Answers
Answer:
A company's values would guide its employees on how they will do their job or conduct business (i.e., business ethics). Organizations like Xerox are including "living our values" as one of their performance objectives. The values are being accompanied by specific objectives and performance measures, which are anchored on the organization's strategy.
Explanation:
The source I used is https://www.strategy-business.com/article/05206?gko=987a9.
challenge that south Africa's main coal export terminal is currently facing
Answers
According to Frost & Sullivan industrial automation, mining and manufacturing, the South African coal mining industry is dealing with a number of difficulties, with railway capacity limitations being the most important one impeding coal transportation to the Richards Bay Coal Terminal (RBCT), where it is shipped to the export market.
The top 10 coal producers in the world, including South Africa, have witnessed an increase in shipments to Europe this year as those nations look for alternatives to Russian coal in the wake of Russia's war on Ukraine.
In spite of the rising demand from Europe, South Africa is having trouble transporting coal. Currently, it is challenging to move significant volumes of coal swiftly from mines to ports due to the nation's relatively limited rail and road infrastructure.
The ports that South African coal producers use are many. The major terminal, Richards Bay Coal Terminal, is one of the biggest in the world and has an annual capacity of 91 million tons of coal; but, as I previously stated, in 2022, the capacity for rail will be 56 million tons.
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What is market environment
Answers
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
BC Fruits Ltd, a fruit bottling and canning company, is planning to expand its operations. The directors
are hoping to increase the range of preserved fruit products and in doing so will need to invest in new
equipment. They are also hoping to open a new facility in the northern part of the country. The CFO has
been asked to prepare a report on the following issues of conceptual framework. You are the Finance
Controller of the company, and your CFO wants to address all issues in his report and has asked for your
assistance.
Prepare brief notes for the CFO, addressing each of the following and using the Conceptual Framework as
a source of reference:
(a) Identify potential providers of finance for BC Fruits Ltd and their information requirements in
respect of financial statements.
(b) Explain the terms 'performance' and 'position' and identify which of the financial statements will
assist the user in evaluating performance and position.
(c) Indicate why, for decision-making purposes, the financial statements alone
Answers
The potential providers of finance for BC Fruits Ltd will be commerical banks and the private investors.
Based on the information, the information requirements of the providers will be cash position, contingent liabilities, revenues, profit performance, etc.
Performance simply means the behavior over a particular period while position means the state of affairs on a particular date. It should be noted that while profit and loss statement reflects the performance of a business, the balance sheet shows the position of a company.
In conclusion, financial statements only shows the summary of financial transactions.
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LEARNING OUTCOMES Occupational learning materials are organized for efficient use. Layout and presentation of learning materials are understood and used effectively. Technical language/ terminology is engaged with, and clarification sought if needed. ACTIVITY 4 Explain how you will find information on the different languages that people speak in your town. State which research tools you will use to do research on this topic?
Answers
To find information on the different languages spoken in your town, you can use research tools such as census data, community surveys, or local government records.
Why are community surveys important?Surveys may assist local governments in understanding where citizens stand on critical issues, how happy they are with city services, how successful the government is in satisfying resident goals, and what those priorities are in the first place.
The census offers a sufficient database for demographic data comparisons and forecasts, as well as social and economic elements of society.
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NewTech purchases computer equipment for $255,000 to use in
operating activities for the next four years. It estimates the equipment's
salvage value at $20,000. What’s the year end hook value formula ?
Answers
The year-end book value formula for the computer equipment is given as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
At the end of the fourth year, the year-end book value will be 0
How to calculate Year-end book valueThe year-end book value formula for the computer equipment as
Year-End Book Value = Cost of Equipment - Accumulated Depreciation
To know the accumulated depreciation for each year, use the following formula:
Annual Depreciation = (Cost of Equipment - Salvage Value) / Useful Life
Where the useful life is the estimated number of years the equipment will be used in the business before it is sold or retired.
With 4 years of use, we can calculate the annual depreciation as follows:
Annual Depreciation = ($255,000 - $20,000) / 4
Annual Depreciation = $63,750
Therefore, the year-end book value formula for the computer equipment at the end of each year would be:
Year 1: $255,000 - $63,750 = $191,250
Year 2: $255,000 - ($63,750 x 2) = $127,500
Year 3: $255,000 - ($63,750 x 3) = $63,750
Year 4: $255,000 - ($63,750 x 4) = $0
At the end of the fourth year, the accumulated depreciation will equal the cost of the equipment minus its estimated salvage value, so the year-end book value will be zero.
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Business forms that have unlimited personal liability include
Answers
Answer:
sole proprietorship and partnership
Explanation:
They both have unlimited personal liability
What should you remember when you
are scheduled for a job interview?
A. Look them in the eye while you speak to them.
B. You do not need to take documents with you as you
would have submitted them beforehand.
C. Get there on time or a bit late so you don't have to
wait.
D. Frequently look at your watch so they know your
time is valuable.
Answers
Answer:
A
Explanation:
With diffusion of innovation:
A.
once a product enters the market, very similar products will enter within a very short period of time.
B.
one new product will produce ancillary product invention (e.g., video cassettes created a market for cassette holders).
C.
not all consumers accept a new product at the same time because adoption of a product spreads slowly throughout the population.
D.
product changes by one competitor lead to similar product changes by another competitor.
Answers
The correct response is c. not all consumers accept a new product at the same time because adoption of a product spreads slowly throughout the population.
The term "population" usually refers to the total number of people living in a certain area, such as a city or town, region, nation, continent, or the entire world. Governments frequently use censuses, a procedure for gathering, analyzing, compiling, and releasing statistics regarding a population, to determine the size of the resident people within their jurisdiction. The countries with the largest populations are China, India, the US, Indonesia, and Pakistan. More than 100 million people live in fourteen (14) countries. A population is described as a collection of people who belong to the same species and cohabit a particular area. In order to survive throughout time, members of a population frequently rely on the same resources, are susceptible to the same environmental restrictions, and depend on the availability of other members.
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Albert established a qualified tuition program for each of his twins, Kim and Jim. He started each fund with $20,000 when the children were five years old. Albert made no further contributions to his children's plans. Thirteen years later, both children have graduated from high school. Kim's fund has accumulated to $45,000, and Jim's has accumulated to $42,000. Kim decides to attend a state university, which will cost $60,000 for four years (tuition, fees, room and board, and books). Jim decides to going to work instead of going to college. During the current year, $7,500 is used from Kim's plan to pay the cost of her first semester in college. Because Jim is not going to college now or in the future, Albert withdraws the $42,000 plan balance and gives it to Jim to start his new life after high school.
Required:
a. During the period since the plans were established, should Albert or the twins have been including the annual plan earnings in gross income?
b. What are the tax consequences to Kim and Albert of the $7,500 being used for the first semester's higher education costs?
c. Because of her participation in the qualified tuition program, Kim received a 10% reduction in tuition charges; so less than $7,500 was withdrawn from her account. Is either Albert or Kim required to include the value of this discount in gross income?
d. What are the tax consequences to Albert of Jim's qualified tuition program being closed?
Answers
Question attached
Answer and Explanation:
1. No. The earnings from the fund would not be included in gross income so long as it is for higher education expenses and has not been withdrawn for any other purpose.
2. There are no tax consequences since the $7500 is used for qualified higher education expenses
3. There are no tax consequences even there was a discountvor reduction in tuition as long as the qualifies tuition program funds was used for higher education expenses
4. If account is closed and for instance there is a refund, there are tax consequences as the excess interest over and above amount contributed must be included in gross income
If a manufacturer of electronic devices invests $650,000 in equipment for making compact piezoelectric accelerometers for general purpose vibration measurement, estimate the rate of return from revenue of$225,000 per year for 10 years and $70,000 in salvage value from the used equipment sale in year 10. Solve by (a) factors, and (b) spreadsheet function.
Answers
Based on the information given, we can estimate the rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers.
To estimate the rate of return, we need to calculate the total revenue generated over the 10-year period, including the salvage value from the used equipment sale in year 10. We can then calculate the net profit by subtracting the initial investment of $650,000 from the total revenue.
Finally, we can calculate the rate of return by dividing the net profit by the initial investment and expressing it as a percentage.
(a) To solve for the rate of return using factors, we can use the following formula:
Rate of return = ((total revenue - initial investment) / initial investment) x (1 / number of years)
Total revenue = annual revenue x number of years + salvage value
Total revenue = $225,000 x 10 + $70,000 = $2,320,000
Net profit = total revenue - initial investment
Net profit = $2,320,000 - $650,000 = $1,670,000
Rate of return = (($2,320,000 - $650,000) / $650,000) x (1 / 10)
Rate of return = 15.23%
Therefore, the estimated rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers is 15.23%.
(b) To solve for the rate of return using a spreadsheet function, we can use the following formula:
=RATE(number of years, annual cash flows, initial investment, salvage value)
=RATE(10, 225000, -650000, 70000)
Rate of return = 15.23%
Therefore, the estimated rate of return for the manufacturer of electronic devices who invested $650,000 in equipment for making compact piezoelectric accelerometers is 15.23%.
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Which statement does not describe the Linux operating systems?
It is proprietary software.
Its code can be modified by users.
It was developed by Torvalds.
It is an open-source application
Answers
Answer:
c your correct
Explanation:
10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000
Answers
The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
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How is marine insurance different from automobile insurance?
OA. Marine insurance does not cover ocean vessels.
B. Automobile insurance does not cover ocean vessels.
O C. Marine insurance does not cover cargo.
D. Auto insurance is more costly than marine insurance.
Answers
The way that Marine insurance is different is that Marine insurance does not cover cargo.
How is marine insurance different from automobile insurance?Marine insurance and automobile insurance are both forms of insurance designed to provide coverage for specific types of assets. However, there are some key differences between the two.
Marine insurance is specifically designed to provide coverage for ocean vessels, including cargo that is being transported by sea. This type of insurance covers risks such as theft, damage to the vessel or cargo, and loss or damage due to natural disasters.
Automobile insurance, on the other hand, provides coverage for cars, trucks, and other vehicles that are driven on land. This type of insurance covers risks such as theft, collision damage, and liability for injury or property damage. Automobile insurance does not cover ocean vessels or the transportation of cargo by sea.
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Answer: the correct answer is automobile insurance does not cover ocean vessels.
Explanation:
common sense and big brain abilities.
Askin again cuz I rly need help
My business class suuuuckkks :(
Answers
A leader who tries to connect with their workers by understanding their wants and needs is practicing ______.
a.
Courage
b.
Dependability
c.
Empathy
d.
Vision
Answers
Answer:
C
Explanation:
What is the main advantage of being a productive worker?
OA. You can create a lot of products or services quickly.
OB. You are able to work in a field with a high market value.
O C. You are given access to the benefits of worker organizations.
OD. You do not have to follow restrictive regulations.
SUBM
Answers
Answer:
There are many advantages of being a productive worker. The first advantage is that you can earn more money. You will be able to earn more money if you are a productive worker because you will have the opportunity to work with companies that pay higher salaries. The second advantage is that it gives you the opportunity to have a better lifestyle, for example, having an apartment or house and buying things for yourself and your family. The third advantage is that it gives you the opportunity to do things on your own time without being punished by your boss or company for not showing up at work on time.
Explanation:
Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson
Answers
By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.
To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:
Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.
Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.
Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.
Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.
Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.
Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.
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ProBuilder reports merchandise sales of $80,000 and cost of merchandise sales of $20,000 in its first year of operations ending June 30, 2016. It makes fiscal-year-end adjusting entries for estimated future returns and allowances equal to 3% of sales, or $2,400, and 3% of cost of sales, or $600.Required:a. Prepare the June 30, 2016, fiscal-year-end adjusting journal entry for future returns and allowances related to sales. b. Prepare the June 30, 2016, fiscal-year-end adjusting journal entry for future returns and allowances related to cost of sales.
Answers
Answer and Explanation:
The adjusting entries are as follows:
1. Sales returns and allowances $2,400
To Sales refund payable $2,400
(Being the returns and allowance is recorded)
For recording this we debited the sales returns as it increased the sales return and credited the sales refund payable as it increased the liabilities
2. Inventory returns estimated $600
To Cost of goods sold $600
(Being the cost of sales is recorded)
For recording this we debited the inventory returns as it increased the returns inventory and credited the cost of goods sold as it decrease the expenses
in a 3 - 4 page essay, discuss warren Buffett's approach to business dealings, especially as they relate to business ethics.
Compare that approach to Benie Madoff's.
Apply ethical philosophies that you have learned about in this module and state which you think apply to Mr. Buffett.
Which ethical philosophies apply to Mr. Madoff? Why?
Answers
In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.
Here are the steps to be followed:
1. Introduction:
2. Warren Buffett's Approach to Business Dealings and Business Ethics:
Explain Warren Buffett's overall approach to business dealings.Discuss his stance on business ethics, emphasizing any specific principles or values he adheres to.Provide examples or case studies that demonstrate Buffett's ethical decision-making in his business practices.Discuss the impact of his ethical approach on his reputation and long-term success.3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:
Describe Bernie Madoff's approach to business dealings, specifically in relation to ethics.Highlight any unethical practices or actions committed by Madoff, such as his infamous Ponzi scheme.Compare and contrast Madoff's approach to Buffett's approach, pointing out the key differences in their ethical standards and behaviors.Discuss the consequences of Madoff's unethical actions, including the financial losses and damage to investors.4. Application of Ethical Philosophies to Warren Buffett:
Introduce the ethical philosophies that you have learned in the module.Identify which ethical philosophies apply to Warren Buffett based on his approach to business dealings.Explain why you believe these philosophies are applicable and provide supporting evidence or examples from Buffett's actions or statements.Discuss the implications and benefits of Buffett aligning with these ethical philosophies.5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:
Analyze the ethical philosophies that can be applied to Bernie Madoff's actions.Discuss which ethical philosophies are relevant to understanding Madoff's unethical behavior.Provide justifications and explanations for the selected ethical philosophies, considering how they align with Madoff's actions or motivations.Reflect on the consequences of Madoff's departure from ethical principles.6. Conclusion:
Summarize the key points discussed in the essay regarding Warren Buffett's approach to business dealings and ethics, as well as the comparison to Bernie Madoff.Emphasize the importance of ethical decision-making in business and the long-term implications it can have.Offer any final thoughts or insights on the topic.Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.
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A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement.
Answers
A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement. The Notary Signing Agent should: Recommend that the borrower contact the lender's representative before signing the documents.
What is a Notary Signing fee?A notary signing fee is a fee paid to a notary public for their services in overseeing the signing of important documents.
Notary publics are required to be impartial witnesses to the signings of important legal documents. Their services are often necessary in real estate transactions, loan closings, and other legal matters.
Therefore, The Notary Signing Agent should recommend that the borrower contact the lender's representative before signing the documents if gotten questions on the amount on the notary documents.
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The complete question goes thus:
A borrower questions the amount of the "Notary/Signing Fee" appearing on the settlement statement. The Notary Signing Agent should:
While going into a forest and clear-cutting all of the trees may not be environmentally friendly, it is very efficient and less than sustainable practices.
1.) damaging
2) dangerous
3.) effective
4.) expensive
Answers
clear-cutting all of the trees damaging and dangerous practice, hence the correct options are 1 and 2.
What is deforestation?Deforestation, also known as forest clearance, is the removal of a forest or tree stand from land before it is put to another use other than that of a forest.
Conversion of forest land to farms, ranches, or urban use is a form of deforestation. Tropical rainforests are where deforestation is most prevalent.
Forests have been cleared throughout history and into the modern era to make room for agriculture and animal grazing as well as to obtain wood for fuel, manufacturing, and construction.
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This is economics question
Answers
Answer:
I think "A & B are correct."
Explanation:
Risk*
1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.
Answers
Answer:
I Co.
1. Desired profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
2a. Total Variable cost per unit
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost ($20)
Administrative and selling $ 5
Total Variable cost per unit $25
b. Total fixed cost per unit
Total fixed cost per unit = $2,400,000/160,000 = $15
c. The selling price per unit
Sales / quantity = $7,520,000/160,000 = $47
Explanation:
Data:
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost $20
Administrative and selling $ 5
Total Variable cost per unit $25
EA
Fixed costs:
Manufacturing $ 1,600,000
Administrative and selling 800,000
Total fixed costs $2,400,000
b) Cost-plus approach to product pricing: This approach requires the addition of the direct materials, direct labor, and overhead costs
c) Required profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
d) Product cost:
Variable cost = $20 x 160,000 = $3,200,000
Fixed manufacturing costs $1,600,000
Total production cost $4,800,000
Product cost per unit $4,800,000/160,000 = $30
e) Income Statement to determine Sales Revenue
Sales $7,520,000
Cost of goods sold
($30 x 160,000) 4,800,000
Gross profit $2,720,000
Fixed Costs:
Manufacturing $ 1,600,000
Administrative & selling 800,000
Profit $320,000
what do you understand by marketing mix
Answers
Explanation:
When I think about the term marketing mix, I think about a set of tools that firms use to increase their profits such as price, product, promotion and place.
12. What is used as a guarantee to repay a loan?
Answers
Answer:
A bank guarantee and a letter of credit are both gaurenteed to have the reciver repay the loan
Explanation:
Hope this helps :)