The three main tools that the Federal Reserve (Fed) has at its disposal to carry out monetary policy are conducting open market operations, setting the discount rate, and paying interest on reserves.
What are Open Market Operations?Open market operations refer to the buying and selling of government securities in the open market.
These securities can be bought and sold to banks, traders, or individuals, and by doing so, the Fed can adjust the amount of money in the economy and the level of interest rates.
The discount rate is the interest rate that commercial banks must pay when they borrow money from the Federal Reserve.
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Lucinda is giving a presentation to her manager, glenn, who has a hub motivational value system. In order to appeal to his pragmatic and flexible nature in her presentation, she should:.
The thing which Lucinda has to do in order to appeal to his pragmatic and flexible nature in her presentation, she should:
Stress the benefits to different stakeholders.What is Pragmatism?This refers to the philosophy which believes that words and thought are powerful tools to help in solving problems in practical applications.
Based on the fact that Lucinda's manager is said to be a pragmatist who has a motivational value system, then she would have to base her presentation on the fact that it would be beneficial to different stakeholders.
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Which action will most improve a workers attitude
Answer:
to always
Explanation:
smile and be on there best behavior
Answer:
be a responsible worker
Smith & Sons uses the allowance method of handling its credit losses. It estimates credit losses at two percent of credit sales, which were $1,900,000 during the year. On December 31, the Accounts Receivable balance was $300,000, and the Allowance for Doubtful Accounts had a credit balance of $21,400 before adjustment. Show how Accounts Receivable and the Allowance for Doubtful Accounts would appear in the December 31 balance sheet. (Do not use negative signs with your answers.)
Answer: See explanation
Explanation:
Firstly, we need to calculate the amount of bad debt. This will be:
= Credit sales × Bad debt expense
= $1900000 × 2%
= $38000
Also, the adjusted balance of allowance account will be the addition of the uadjusted balance of Allowance account and the bad debt expense which will be:
= $21,400 + $38000
= $59,400.00
Then, the balance sheet will be:
Accounts receivables = $300,000
Less: Allowance for Doubtful Accounts = $59,400
Net Realizable value of Accounts receivables = $240,600
Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement: “Kylie is Hector’s boss. Hector is attracted to Kylie and asks her on a date. Kylie, although flattered, turns Hector down. He feels a little hurt, but doesn’t bring it up again. Kylie, speaking with both male and female coworkers, describes Hector’s proposal and makes a joke about the lack of romantic prospects in his future. Hector hears about this conversation a week later.”
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
on e2020
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
What are the 4 steps in the process of stakeholder analysis?
Identification of the stakeholders, clarification of the interests and influence of stakeholders, agreement on the process of interaction between stakeholders, and management of the relationship with stakeholders are the four steps in the stakeholder analysis process.
Stakeholder analysis should be done carefully. It is a crucial factor in determining how effectively a project may be carried out and how effectively it is anticipated to produce outcomes. Your project is guaranteed to succeed if you have the correct internal and external stakeholders working in your favour.
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For the cost function C(Q) = 100 + 2Q + 3Q2, the marginal cost of producing 2 units of output is a. 2 b. 3 c. 12 D. 14 Difficulty: Medium 10. For the cost function C(Q) = 100 + 2Q + 3Q2, the total fixed cost of producing 3 units of output is
100
7
140
40
33
For the cost function C(Q) = 100 + 2Q + 3Q^2, the marginal cost of producing 2 units of output is 10.
To find the marginal cost, we need to take the derivative of the cost function with respect to quantity (Q). The derivative of C(Q) = 100 + 2Q + 3Q^2 with respect to Q is 2 + 6Q.
Substituting Q = 2 into the derivative, we get: 2 + 6(2) = 14.
Therefore, the marginal cost of producing 2 units of output is 14.
For the cost function C(Q) = 100 + 2Q + 3Q^2, the total fixed cost of producing 3 units of output is 124.
The fixed cost is the constant term in the cost function, which in this case is 100. So, the total fixed cost is 100.
Therefore, the total fixed cost of producing 3 units of output is 100.
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After a presentation is created, there is nothing left to do.
True
False
Answer:
false
Explanation:
In the Discussion forum, share some examples of how you can apply growth mindset in your daily interactions, either in a professional setting or in your academics. If you need help considering an example, you can choose one of the following:
How do you handle a new project or task at work, home, or school?
How do you embrace working in groups when you prefer to work independently?
How would you react to your instructor’s suggestion to incorporate a data component into an assignment for your non-math-related course?
What do you do when you don’t understand something that everyone around you seems to have caught onto?
a. Embrace new projects/tasks as opportunities for learning and growth.
b. Embrace group work by valuing diverse perspectives and leveraging strengths.
c. View incorporating a data component as a chance to develop interdisciplinary skills.
d. Seek additional explanations, ask questions, and seek help when struggling to understand.
a. When faced with a new project or task at work or school, applying a growth mindset involves embracing the opportunity to learn and grow. Instead of feeling overwhelmed, I approach it with curiosity, break it down into manageable steps, and seek guidance and resources to develop the necessary skills.
b. In terms of embracing group work when I prefer working independently, I remind myself that collaboration brings diverse perspectives and can lead to better outcomes. I focus on being open-minded, actively listening to other's ideas, and leveraging each person's strengths to contribute to the collective success of the group.
c. If my instructor suggests incorporating a data component into a non-math-related assignment, I see it as an opportunity to expand my skill set and make the assignment more comprehensive. I would embrace the challenge, seek resources and support to learn the necessary data analysis techniques and see it as a chance to develop valuable interdisciplinary skills.
d. When I find myself struggling to understand something that others seem to grasp easily, I remind myself that everyone learns at their own pace. Instead of getting discouraged, I adopt a growth mindset by seeking additional explanations, asking questions, and seeking help from peers or instructors. I understand that not understanding immediately doesn't mean I can't understand it eventually with effort and persistence.
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Handling a New Project or Task:
a. Embrace the challenge
b. Seek guidance and resources
c. Embrace mistakes and setbacks
d. Reflect and adapt
Embracing Group Work When Preferring to Work Independently:
a. Recognize the benefits
b. Communicate openly
c. Focus on collaboration skills
d. Appreciate different perspectives
Reacting to an Instructor's Suggestion to Incorporate Data into a Non-Math Course Assignment:
a. Embrace the opportunity
b. Seek support and resources
c. Break it down
d. Emphasize learning over perfection
When You Don't Understand Something Everyone Else Seems to Have Caught Onto:
a. Stay curious and ask questions
b. Seek one-on-one support
c. Break it down and practiced
d. Embrace the learning process
Here are examples of how you can apply a growth mindset in daily interactions:
Handling a New Project or Task:
a. Embrace the challenge: Instead of feeling overwhelmed, view the new project/task as an opportunity to learn and grow. See it as a chance to acquire new skills and expand your knowledge.
b. Seek guidance and resources: Recognize that you may not have all the answers right away. Be proactive in seeking guidance from colleagues, researching relevant information, and utilizing available resources to support your learning process.
c. Embrace mistakes and setbacks: Understand that making mistakes is a natural part of the learning process. Rather than getting discouraged, learn from your mistakes and use them as valuable lessons for improvement.
d. Reflect and adapt: Regularly reflect on your progress and identify areas for improvement. Adjust your approach based on feedback and new insights to continually enhance your skills and performance.
Embracing Group Work When Preferring to Work Independently:
a. Recognize the benefits: Understand that working in groups can offer diverse perspectives, knowledge, and skill sets that may lead to better outcomes. Embrace the opportunity to learn from others and benefit from collective wisdom.
b. Communicate openly: Share your preferences and concerns with your group members. Discuss ways to effectively collaborate and ensure everyone's strengths are utilized. Open and respectful communication can help find a balance between individual and group work.
c. Focus on collaboration skills: Use group work as a chance to develop essential collaboration skills such as active listening, compromising, and effective communication. Emphasize teamwork, understanding that it contributes to personal and collective growth.
d. Appreciate different perspectives: Value the diverse viewpoints and contributions of your group members. Recognize that different approaches can lead to innovative solutions and broaden your own thinking.
Reacting to an Instructor's Suggestion to Incorporate Data into a Non-Math Course Assignment:
a. Embrace the opportunity: Recognize that incorporating data into a non-math course assignment can enhance your understanding and provide a different perspective on the subject matter.
b. Seek support and resources: If you're unfamiliar with working with data, seek guidance from your instructor or utilize available resources like online tutorials or workshops.
c. Break it down: Break the task into smaller, manageable steps. Start by understanding the basics of data analysis, then gradually apply that knowledge to your assignment. Don't be afraid to ask questions or seek clarification to ensure you're on the right track.
d. Emphasize learning over perfection: Remember that the goal is to learn and grow, rather than to produce a flawless result. Focus on the process of incorporating data and the skills you develop along the way.
When You Don't Understand Something Everyone Else Seems to Have Caught Onto:
a. Stay curious and ask questions: Instead of feeling discouraged, maintain a curious mindset and ask questions to clarify your understanding.
b. Seek one-on-one support: If the topic remains challenging, consider seeking one-on-one support from a teacher, tutor, or knowledgeable peer.
c. Break it down and practice: Break the concept or task into smaller, more manageable parts. Engage in deliberate practice, focusing on strengthening your understanding through repetition and problem-solving.
d. Embrace the learning process: Remember that everyone learns at their own pace. Avoid comparing yourself to others and instead, focus on your personal growth.
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Why does the united states have limited to no trade with countries like cuba and venezuela?.
On September 4, 1961, partly in response, Congress handed the Foreign Assistance Act, a Cold War Act (among many different measures) that prohibited useful resource to Cuba and approved the President to impose a whole trade embargo towards Cuba.
What is the alternate relationship between the US and Cuba?U.S. diplomatic illustration in Cuba is handled with the aid of the United States Embassy in Havana, and there is a comparable Cuban Embassy in Washington, D.C. The United States, however, continues to preserve its commercial, economic, and economic embargo, making it unlawful for U.S. corporations to do enterprise with Cuba.
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Answer:
we can just forget the way our school and family taught us and learn finance and math really well and then start putting everything in practice and then you'll forget that you'll ever need a paycheck and that is how it is
Stocks are generally considered a higher risk because:
a) Their value varies over time
b) They are not covered by FDIC
c) Rate of returns are not guaranteed
d) All the above
Hermione really struggled in her first semester of college, but she persevered and learned that she needed to be much more engaged in her classes than she was in high school. Now she is well on her way to becoming an active learner, which means that she will
a. resist collaborating with other students.
b. work to improve her writing and speaking skills.
c. treat other students as if they all share the same culture.
d. wait for her instructors to point her in the right direction.
Now she is well on her way to becoming an active learner, which means that she will work to improve her writing and speaking skills.
What is active learning?The phrase "active learning" has a wide range of synonyms, including "play-based learning," "activity-based learning," "technology-based learning," "group work," and "project approach." These share certain important traits and features of active learning as common denominators. Passive learning is the reverse of active learning; it is learner-centered, not teacher-centered, and calls for more than just listening; active learning necessitates the active engagement of each and every student. In order to develop their higher order thinking skills, students must be actively engaged in work while also considering its purpose and the task itself.
Among the active learning guidelines offered by Barnes (1989) are:
Purposive: Relevance of the job to the students' worries.Reflective: the analysis of what is learned by the students.Negotiated: between students and teachers, discussion of learning objectives and strategies.Critical: It is crucial that students recognize the value of various instructional strategies.Complex: Students relate their learning assignments to the complexity of real-world situations while doing reflective analysis.Situation-driven: When establishing learning tasks, the situation's requirements are taken into account.Engaged: Learning activities that are undertaken reflect real-world tasks.To learn more about active learning visit:
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advantages and disadvantages of signing an online petition
The advantages of submitting an online petition are more convenient and more extensive. They are available to a wider audience and are easy to sign up for.
Online petitions can be misused if signatories don't use real names, undermining their legitimacy.
What is an online petition?An online petition (also known as an Internet petition or e-petition) is a type of petition that is signed online, typically using a form on a website. Visitors to the online petition sign it by providing information such as their name and email address.
When there are enough signatures, the resulting letter is normally transmitted to the subject of the petition through e-mail. Each time the petition is signed, the online petition may also send an email to the petition's target.
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the amount by which retained earnings changes is obtained by subtracting A) any dividends to be paid for that year from net income.
B) net income from EBIT.
C) taxes from EBIT.
D) interest expense from EBIT.
E) EBIT from CGS.
The amount by which retained earnings changes is obtained by subtracting any dividends to be paid for that year from net income.
Retained earnings represent the accumulated profits that a company has retained over time rather than distributing them to shareholders as dividends. It is an important component of the company's equity and reflects the portion of net income that is reinvested back into the business.
When a company generates net income, it has the option to distribute a portion of it as dividends to shareholders. Dividends are a way for companies to distribute profits to their owners. However, not all net income is paid out as dividends. The remaining portion, after deducting dividends, is added to the retained earnings account.
By subtracting the dividends to be paid for the year from the net income, we can determine the change in retained earnings. If the company pays out dividends higher than its net income, it will result in a decrease in retained earnings. Conversely, if the dividends paid are lower than net income, it will lead to an increase in retained earnings.
Therefore, the correct answer is A) any dividends to be paid for that year from net income, as it accurately captures the relationship between net income, dividends, and the change in retained earnings.
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Walmart claims to be a olobal business. How do you explain Walmart's level of international business to its leadership team? a. Because Walmart's intemational expansions have largely been accomplished using acquisitions, international operations function more like domestic businesses. b. Even though Walmart has international operations in 27 countries, its headquarters is in the United States. Companies operating in multiple countries - but with its primary business based in a single country-are multinational companies (MNC.). c. Walmart's level of international business is limited to the exporting of its retail business model. d. You agree with the daim. Walmart is in 27 countries, after all!
The most accurate explanation to Walmart's leadership team regarding its level of international business would be option B: Even though Walmart has international operations in 27 countries, its headquarters is in the United States. Companies operating in multiple countries - but with its primary business based in a single country - are multinational companies (MNC).
This explanation highlights the fact that Walmart, despite its extensive presence in various countries, still maintains its headquarters and primary business operations in the United States. As an MNC, Walmart operates in multiple countries and engages in international business activities, but its core operations and strategic decisions are centered in its home country.
Option A is incorrect because Walmart's international expansions include both acquisitions and organic growth, and international operations may have distinct considerations compared to domestic businesses.
Option C is incorrect because Walmart's international business extends beyond exporting its retail business model, as it adapts to local markets and cultures.
Option D is subjective and doesn't provide a comprehensive explanation based on the given information.
It's important to provide clear and accurate information to the leadership team to ensure a proper understanding of Walmart's international business operations.
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Tommy agrees to buy a house for $84,500. He pays $2,000 as earnest money and obtains a new mortgage loan for $67,600. The purchase contract provides for a Mar. 15 settlement. Tommy and the sellers prorate the present year's real estate taxes of $1,880.96, which have been paid. The buyer is responsible for the day of closing. Tommy has additional closing costs of $1250. Using the "actual number of days" method, how much cash must Tommy bring to the settlement?
Answer: $17,654.97
Explanation:
In order to solve the question, the first thing to do is to count the number of days from March 15 to Dec. 31. In this case, we will have 292 days.
Then we get the daily rate which will be:
= $1,880.96/365
= $5.153.
Then, we multiply the daily rate of $5.153 by the number of days which will be:
= $5153 × 292 days
= $1,504.97.
Then, we calculate the down payment, which will be:
= $84,500 - $67,600
= $16,900
We then deduct the $2,000 that has already been paid. This will be:
= $16900 - $2000
= $14900
Adding together all the values then the total cash that Tommy must bring to the settlement will be:
= $14900 + $1,504.97 + $1,250
= $17,654.97
Customers arrive at a checkout counter in a department store according to a poisson distribution at an average of seven per hour. during a given hour, what are the probabilities that:________
From the information given in the Poisson Distribution, the probability that that no more than three customers arrive that is P (X≤3) = 0.0817.
What is a Poisson Distribution?The Poisson distribution is a discrete probability distribution in probability theory and statistics that articulates the likelihood of a specific number of events happening in a fixed interval of time or space if these events occur with a particular frequency mean rate and regardless of the time since the last event.
What Are the Poisson Distribution's Assumptions?To be correct, all events must be independent of one another, the pace of occurrences must be steady across time, and events cannot occur concurrently. Furthermore, the mean and the variance will be equal.
What is the justification for the above result?According to a Poisson distribution, seven people come at a checkout counter in a department store every hour on average. i.e λ=7
Probability (P) that no more than three customers arrive is notated as P(X≤3)
= P(X=0) + P(X=1) + P(X=2) + P(X=3)
= Poisson (3,7,1)
= 0.0817
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Full Question:
Customers arrive at a checkout counter in a department store according to a Poisson distribution at an average of seven per hour. During a given hour, what are the probabilities that no more than three customers arrive?
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Read the following scenario, and then answer the question below.
A new pet supply company plans to primarily sell products in stores. They need a system that will track their large
inventory and keep customer sales records.
Which evaluation factor will be most important when choosing technology for the company?
1)speed
2)size
3)storage
4)connectivity
The correct answer is 3) storage
Explanation:
In technology, storage refers to the amount of information a system, program, or similar can record and save. This factor is especially important when businesses or companies need to keep a lot of information from sales, inventory, and similar. This occurs in the case of the pet supply company because it is explained they need a technological system to "track their large inventory and keep customer sales records", therefore their priority will be to record and save their information or the storage in the system.
Answer:
c
Explanation:
c
Please I need help!!
Answer:
A
Explanation:
If you decide to produce at a level where marginal cost exceeds marginal benefit (mc > mb), there is a waste of:________
If a producer decides to produce at a level where marginal cost (MC) exceeds marginal benefit (MB), there is a waste of resources. This occurs when the additional cost of producing one more unit exceeds the additional benefit or value gained from that unit.
When a producer determines the level of production, they consider the marginal cost and marginal benefit of each additional unit produced. Marginal cost refers to the additional cost incurred by producing one more unit, while marginal benefit represents the additional value or benefit gained from that unit.
If the producer chooses to produce at a level where marginal cost exceeds marginal benefit (MC > MB), it indicates that the cost of producing an additional unit outweighs the value or benefit derived from that unit. This leads to a waste of resources because the producer is allocating resources inefficiently. The resources utilized to produce the additional unit could have been better allocated elsewhere, where the marginal benefit exceeds the marginal cost.
In such a scenario, it is advisable for the producer to adjust their production level to a point where marginal cost equals marginal benefit (MC = MB). This ensures an optimal allocation of resources and maximizes efficiency in production.
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Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
Note - We are trying to open a Pizza shop
Your team will act as a project risk team. You will need to develop a process that can be used on all future projects.
What will be your:
A. Team Objectives
B. Process for handling risk events
C. Team Activities
D. Team Outputs
PART 2:
1. Brainstorm a sample project to work on (personal or professional)
2. Identify and assess all major and minor risks that could happen.
3. Decide on a response type.
4. Identify two to four identified risks.
5. What are the INPUTS, TOOLS + TECHNIQUES + OUTPUTS that you will use to keep this risk under control?
This risk management process, the team can effectively identify, assess, and respond to risks, ensuring a proactive approach to risk management throughout the project.
A. Team Objectives:
Identify and assess risks: The team's objective is to proactively identify and assess potential risks that may impact the success of the pizza shop project.
Develop risk mitigation strategies: The team aims to develop effective strategies to mitigate identified risks and minimize their impact on the project.
B. Process for handling risk events:
Risk Identification: The team will conduct thorough brainstorming sessions, review project documentation, and engage stakeholders to identify potential risks.
Risk Assessment: Identified risks will be assessed based on their impact and probability, prioritizing those with the highest potential impact.
C. Team Activities:
Brainstorming sessions: The team will conduct brainstorming sessions to identify risks and gather inputs from team members with diverse perspectives.
Risk assessment workshops: The team will organize workshops to assess and prioritize identified risks based on their impact and likelihood.
Documentation: The team will maintain a comprehensive risk register, documenting identified risks, their assessment, and corresponding response strategies.
Communication and collaboration: The team will regularly communicate and collaborate with project stakeholders to gather insights, update on risk management activities, and ensure alignment.
D. Team Outputs:
Risk register: The team will maintain a risk register containing all identified risks, their assessments, and planned response strategies.
Risk management plan: The team will develop a risk management plan outlining the overall approach, roles and responsibilities, and specific processes for managing risks.
Risk response strategies: The team will define specific response strategies for each identified risk, including contingency plans and mitigation measures.
PART 2:
Sample Project: Opening a new pizza shop in a local neighborhood.
Identified Risks:
a. Major Risk: Low customer demand due to strong competition from existing pizza shops in the area.
b. Minor Risk: Delays in obtaining necessary permits and licenses from local authorities.
Response Types:
a. Major Risk Response: Develop a unique selling proposition (USP) to differentiate the pizza shop and attract customers. Offer specialized pizza flavors or introduce a delivery service.
b. Minor Risk Response: Begin the permit and license application process well in advance, ensuring all required documentation is prepared and submitted promptly.
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True/false: poka yoke is roughly translated from japanese as quality management
False. : Poka yoke is actually roughly translated from Japanese as "mistake-proofing" or "error-proofing"
It is a method used in lean manufacturing to prevent errors or defects from occurring during the production process. While it is a component of quality management, it is not the same as quality management as a whole. Quality management encompasses a broader set of principles and practices aimed at ensuring that products or services meet or exceed customer .
your question is: "True/false: poka yoke is roughly translated from Japanese as quality management."The answer is false. Poka yoke is a Japanese term that is roughly translated as "mistake-proofing" or "error prevention." It is a technique used in quality management to prevent errors from occurring in manufacturing processes, but it is not the translation for "quality management" itself.
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troy engines, limited, manufactures a variety of engines for use in heavy equipment. the company has always produced all of the necessary parts for its engines, including all of the carburetors. an outside supplier has offered to sell one type of carburetor to troy engines, limited, for a cost of $40 per unit. to evaluate this offer, troy engines, limited, has gathered the following information relating to its own cost of producing the carburetor internally: per unit18,000 units per year direct materials$ 18$ 324,000 direct labor9162,000 variable manufacturing overhead236,000 fixed manufacturing overhead, traceable9*162,000 fixed manufacturing overhead, allocated12216,000 total cost$ 50$ 900,000 Required:
1. Assuming the company has no alternative use for the facilities that are now being used to produce the carburetors, what would be the financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
2. Should the outside supplier’s offer be accepted?
3. Suppose that if the carburetors were purchased, Troy Engines, Ltd., could use the freed capacity to launch a new product. The segment margin of the new product would be $200,000 per year. Given this new assumption, what would be financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier?
4. Given the new assumption in requirement 3, should the outside supplier’s offer be accepted?
1. The financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier is -$380,000.
2. The outside supplier's offer should be rejected.
3. The new financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier is -$180,000.
4. Under changed circumstances, the outside supplier's offer should still be rejected.
1. To calculate the financial advantage or disadvantage of buying 20,000 carburetors from the outside supplier, we need to compare the total costs of producing them internally with the total costs of buying them from the supplier.
Internal production cost for 20,000 units:
- Direct materials: $18 x 20,000 = $360,000
- Direct labor: $9 x 20,000 = $180,000
- Variable manufacturing overhead: $23 x 20,000 = $460,000
- Fixed manufacturing overhead, traceable: $9 x 20,000 = $180,000
Total internal cost: $360,000 + $180,000 + $460,000 + $180,000 = $1,180,000
External purchase cost for 20,000 units:
- Cost per unit: $40 x 20,000 = $800,000
Financial advantage (disadvantage) = External cost - Internal cost = $800,000 - $1,180,000 = -$380,000.
2. The outside supplier's offer should not be accepted, as it would result in a financial disadvantage of $380,000 compared to producing the carburetors internally.
3. If Troy Engines, Ltd. can use the freed capacity to launch a new product with a segment margin of $200,000 per year, the financial advantage (disadvantage) of buying 20,000 carburetors from the outside supplier would change.
New financial advantage (disadvantage) = External cost - Internal cost + Segment margin from new product = $800,000 - $1,180,000 + $200,000 = -$180,000.
4. Given the new assumption in requirement 3, the outside supplier's offer should still not be accepted, as it would result in a financial disadvantage of $180,000 even after considering the segment margin from the new product.
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Which of the following would be an argument for the use of net book value in the computation of operating assets in return on investment calculations?
A. It allows the manager to replace old, worn-out, equipment with a minimum adverse impact on ROI
B. It allows ROI to decrease over time as assets get older
C. It is consistent with how plant and equipment items are reported on the balance sheet
D. It eliminates both age of equipment and method of depreciation as factors in ROI computational
Net book value would be an argument for the use of net book value in the computation of operating assets in return on investment calculations because it d. eliminates both age of equipment and method of depreciation as factors in ROI computational.
Net book value is a measure of a company's assets on its balance sheet, which is calculated as the book value of the assets minus accumulated depreciation. Net book value is sometimes known as the net asset value (NAV) or the carrying value. Net book value is essential in evaluating a company's assets because it gives a more precise representation of the company's assets than simply accounting for the original purchase price.
It also takes into account the asset's depreciation over time and any impairments or losses that may have occurred. When calculating ROI (Return on Investment), net book value is essential. Because it eliminates both age of equipment and method of depreciation as factors in ROI computational.
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8. Problems and Applications Q8
Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized.
Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply.
The wage of manufacturing workers will rise.
The quantity of manufacturing workers demanded will fall.
The quantity of manufacturing workers supplied will rise.
There will be an increase in employment of manufacturing workers.
The quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise.
What does a union among workers represent in economy?In the macroeconomic model, a union among workers will increase the wage rate, thereby the supply of manufacturing workers will also increase.
This phenomenon is associated with a decrease in the demand and quantity of manufacturing workers.
In conclusion, the quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise if manufacturing workers formed a union.
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X
✓
The primary function of the Gini coefficient is to
(4 points)
measure the quality of human capital in an economy
O explain the cause of income inequality
O measure income inequality in an economy
show the efficiency of an economy
show the amount of wealth in an economy
Points
Answer:
The primary function of the Gini coefficient is to measure income inequality in an economy. It is a statistical measure that is used to represent the distribution of income or wealth among a population. A Gini coefficient of 0 indicates perfect equality, where everyone in the population has the same income or wealth. A Gini coefficient of 1 indicates perfect inequality, where one person has all the income or wealth in the population. The Gini coefficient is often used to assess the level of income inequality in a country or region and can be used to inform policy decisions related to redistributive measures such as taxes and welfare
which of the following is true for solving linear optimization models in excel? group of answer choices the answer report created in excel should be the only place where the optimal values of the optimization model appear in your spreadsheet. it is best to set the solving method in solver to grg nonlinear because this will guarantee that solver finds an optimal solution. excel cannot solve linear optimization problems with more than five decision variables. the shadow prices for an optimization model can be found in the sensitivity report in exc
The true statement for solving linear optimization models in Excel is option (d) All of these are correct.
Linear programming is a type of optimization model that involves linear relationships among the variables. Excel is a widely used tool for solving linear optimization models, and the Solver add-in provides a powerful tool for doing so.
Of the options listed, option (a) is true for solving linear optimization models in Excel Solver.
Option (b) is not entirely accurate, as the simplex LP method may not always be the best solving method for every linear optimization model.
Option (c) is also correct. When "Make Unconstrained Variables Non-Negative" is checked, it forces decision variables to be positive, which can be useful when negative values do not make sense in the context of the problem.
Therefore, option (d) is the correct answer.
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Complete Question:
Which of the following is true for solving linear optimization models in Excel?
Group of answer choices
a. Objective functions in Excel Solver can be set to minimize a specific cell's, maximize a specific cell's value, or set a specific cell to a given value.
b. It is best to set the Solving Method in Solver to Simplex LP.
c. Checking the box for "Make Unconstrained Variables Non-Negative" forces decision variables to be positive.
d. All of these are correct.
Is Nova Southeastern University College of Osteopathic Medicine a good school?
Nova Southeastern University College of Osteopathic Medicine is a good school of Osteopathic Medicine. The college is ranked No. 94-124 in the category of Best Medical Schools: Primary Care and No. 95-124 in the category of Best Medical Schools: Research.
Schools are rated based on how well they perform against a set of generally recognized measures of quality.
Osteopathic medicine students, postgraduate trainees, physicians, and other professionals get learner-centered instruction from the Dr. Kiran C. Patel College of Osteopathic Medicine (KPCOM) at Nova Southeastern University. The College of Osteopathic Medicine's world-class doctoral and master's degree programs prepare to care, for well-respected leaders in healthcare and develop capable lifelong learners through its interprofessional programs.
Osteopathy is a kind of complementary medicine that places a strong emphasis on the physical manipulation of the bones and muscles of the body. Osteopaths are individuals who practice osteopathy. The primary set of osteopathy procedures is called osteopathic manipulation.
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