About the federal funds rates the following are true statements, It is the interest rate that banks charge each other for short-term loans and It is influenced by open market operations.
Federal funds are overnight loans between banks and other businesses in the United States to keep their bank reserves at the Federal Reserve. Banks maintain reserves with the Federal Reserve Bank to meet reserve requirements and to settle financial transactions.
Transactions in the federal funds market allow depository institutions to have excess reserve balances to institutions with reserve lending deficits. Federal currency transactions conducted by regulated financial institutions do not affect the overall reserves of the banking system.
Hence the correct option is II and III.
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assume that the following are independent situations recently reported in the wall street journal. 1 general electric (ge) 7% bonds, maturing january 28, 2023, were issued at 111.12. boeing 7% bonds, maturing september 24, 2037, were issued at 99.08. were ge and boeing bonds issued at a premium or a discount? the general electric bonds were issued at a and the boeing bonds were issued at a etextbook and media list of accounts prepare the journal entry to record the issue of each of these two bonds, assuming each company issued $800,000 of bonds in total. (credit account titles are automatically indented when amount is entered. do not indent manually) no. account titles and explanation debit credit etextbook and media
(a)Which price did GE and Boeing bonds sell for when they were issued?
GE: Premium
Boeing: Discount
(b): How is it possible for bonds to be issued at different prices although both paying the same contractual interest rate?
Due to the fact that bond prices are dependent on the market rate of interest rather than the stated rate of interest, the two bonds' prices are different.
Since the selling prices of the two bonds varied, it follows that the market interest rates at the time of their issuance must have been different.
C): Assuming that each firm issued a total of $740,000 in bonds, prepare the journal entry to document the issuance of each of these two bonds.
1.Cash (111.40% X $740,000) =$824,360
Bonds Payable 740,000
824,360-740,000= 84,360
Premium on Bonds Payable is $84,350
2.Cash (98.70% X $740,000) =730,380
Discount on Bonds Payable $9,620
730,380+9,620= $740,000
Bonds payable is $740,000
Is Boeing a reliable bond?However, investment firms do not believe Boeing to be a particularly alluring prospect. Moody's rates Boeing's credit as being two categories above junk, while S&P Global rates it only one notch above trash, according to Barrons. As a result, investors will probably make tough concessions when purchasing Boeing's bonds.
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Rosie Dry Cleaning was started on January 1, Year 1. It experienced the following events during its first two years of operation: Events Affecting Year 1 Provided $28,510 of cleaning services on account. Collected $22,808 cash from accounts receivable. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Events Affecting Year 2 Wrote off a $214 account receivable that was determined to be uncollectible. Provided $33,271 of cleaning services on account. Collected $29,445 cash from accounts receivable. Adjusted the accounting records to reflect the estimate that uncollectible accounts expense would be 1 percent of the cleaning revenue on account. Required a. Record the events for Year 1 and Year 2 in T-accounts. b. Determine the following amounts: (1) Net income for Year 1. (2) Net cash flow from operating activities for Year 1. (3) Balance of accounts receivable at the end of Year 1. (4) Net realizable value of accounts receivable at the end of Year 1.
Answer:
Rosie Dry Cleaning
a. T- accounts:
Cash Account (Partial)
Account Titles Debit Credit
Year 1:
Accounts receivable $22,808
Year 2:
Accounts receivable $29,445
Accounts Receivable
Account Titles Debit Credit
Year 1:
Service Revenue $28,510
Cash $22,808
Balance $5,702
Year 2:
Balance $5,702
Allowance for Uncollectible $214
Service Revenue $33,271
Cash $29,445
Balance $9,314
Service Revenue
Account Titles Debit Credit
Year 1:
Accounts Receivable $28,510
Income Summary $28,510
Year 2:
Accounts Receivable $33,271
Income Summary $33,271
Bad Debts:
Account Titles Debit Credit
Year 1:
Allowance for
uncollectibles $285
Income Summary $285
Year 2:
Allowance for
uncollectibles $262
Income Summary $262
Allowance for Uncollectible Accounts
Account Titles Debit Credit
Year 1:
Bad Debts Expense $285
Year 2:
Accounts Receivable $214
Bad Debts Expense 262
Balance 333
b. Amounts:
(1) Net income for Year 1:
= $28,225
(2) Net cash flow from operating activities for Year 1:
= $22,808
(3) Balance of accounts receivable at the end of Year 1:
= $5,702
(4) Net realizable value of accounts receivable at the end of Year 1.
= $5,417
Explanation:
a) Data and Calculations:
Year 1:
Accounts Receivable $28,510 Service Revenue $28,510
Cash $22,808 Accounts Receivable $22,808
Bad Debts Expense $285 Allowance for Uncollectible accounts $285 ($28,510 * 1%)
Year 2:
Allowance for Uncollectible $214 Accounts Receivable $214
Accounts Receivable $33,271 Service Revenue $33,271
Cash $29,445 Accounts Receivable $29,445
Bad Debts Expense $262 Allowance for Uncollectible accounts $262
(1) Net income for Year 1:
Service Revenue $28,510
Bad Debts Expense 285
Net Income = $28,225
(2) Net cash flow from operating activities for Year 1:
Cash from customers $22,808
(3) Balance of accounts receivable at the end of Year 1:
Service Revenue $28,510
Cash $22,808
Balance $5,702
(4) Net realizable value of accounts receivable at the end of Year 1.
Account Receivable Balance = $5,702
Allowance for Uncollectibles (285)
Net realizable value = $5,417
Following are the amounts that are being determined:(1) Net income for Year 1 = $28,225. (2) Net cash flow from operating activities for Year 1 = $22,808. (3) Balance of accounts receivable at the end of Year 1 = $5,702. (4) Net realizable value of accounts receivable at the end of Year 1 = $5,417.
What is net income?Net income is the income of any enterprise after the deduction of the expenses from the Gross income earned during a period by the enterprise.
a) Calculations:
Year 1
Accounts Receivable $28,510 Service Revenue $28,510
Cash $22,808 Accounts Receivable $22,808
Bad Debts Expense $285 Allowance for Uncollectible accounts $285 ($28,510 * 1%)
Year 2
Allowance for Uncollectible $214 Accounts Receivable $214
Accounts Receivable $33,271 Service Revenue $33,271
Cash $29,445 Accounts Receivable $29,445
Bad Debts Expense $262 Allowance for Uncollectible accounts $262
(1) Net income for Year 1
Service Revenue $28,510
Bad Debts Expense 285
Net Income = $28,225
(2) Net cash flow from operating activities for Year 1:
Cash from customers $22,808
(3) Balance of accounts receivable at the end of Year 1:
Service Revenue $28,510
Cash $22,808
Balance $5,702
(4) Net realizable value of accounts receivable at the end of Year 1.
Account Receivable Balance = $5,702
Allowance for Uncollectable (285)
Net realizable value = $5,417
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Using skills, tools, and techniques to help you accomplish goals within a certain amount of time is called:
A. a mental goal
B. a long-term goal
C. a short-term goal
D. time management
D. Time management refers to the process of using skills, tools, and techniques to help individuals or organizations accomplish their goals within a certain timeframe. It involves planning, organizing, prioritizing, and allocating time effectively and efficiently.
Time management is crucial for both personal and professional success. It enables individuals to make the most of their available time, increase productivity, and reduce stress. By setting specific goals and breaking them down into manageable tasks, individuals can create a roadmap for their actions.
Tools and techniques such as creating schedules, using calendars, setting deadlines, and employing productivity apps can further enhance time management efforts.
Effective time management involves analyzing priorities, eliminating time-wasting activities, delegating tasks when possible, and maintaining focus on the most important objectives. It requires self-discipline, effective decision-making, and the ability to adapt and adjust plans as needed.
By mastering time management skills, individuals can achieve their short-term and long-term goals efficiently while maintaining a healthy work-life balance. So, the correct option is D.
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What are the basics of consideration?
The basics of consideration include the following elements:
Legal SufficiencyBargained for exchange. What is consideration?Consideration is a promise to act, exchange, or do something which the law does not obligate but an agreement creates.
For something to be regarded as a consideration, it must have legal value and form part of the exchange contract.
Thus, a thing or action does not qualify as a consideration if it lacks legal value (legal sufficiency) or does not form part of the contract (bargained for exchange).
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The list price of an item is $96.60. The supplier is offering a series trade discount of 10/10/19. Find the net cost.
The net cost of the item is $
(Round to the nearest cent as needed.)
The net cost of the item, after applying the series trade discount, is $63.41.
To calculate the net cost of the item, we need to apply the series trade discount provided. The series trade discount is given as 10/10/19, which means there are three successive discounts applied.
Let's break down the discounts:
The first discount is 10%.The second discount is 10%.The third discount is 19%.To find the net cost, we need to calculate the price after each discount.
Step 1: Apply the first discount of 10%
List price - (10% of list price)
List price - (10/100 * List price)
List price - 0.1 *
List price = 0.9 * List price
Step 2: Apply the second discount of 10%
0.9 * List price - (10% of 0.9 * List price)
0.9 * List price - (10/100 * 0.9 * List price)
0.9 * List price - 0.09 * List price
0.81 * List price
Step 3: Apply the third discount of 19%
0.81 * List price - (19% of 0.81 * List price)
0.81 * List price - (19/100 * 0.81 * List price)
0.81 * List price - 0.1539 * List price
0.6561 * List price
Now, to find the net cost, we multiply the list price by the result of the series of discounts:
Net cost = List price * 0.6561
Given that the list price is $96.60, we can calculate the net cost:
Net cost = $96.60 * 0.6561
Calculating this, we find:
Net cost = $63.41 (rounded to the nearest cent)
Therefore, the net cost of the item, after applying the series trade discount, is $63.41.
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A company purchased $10,300 of merchandise on June 15 with terms of 2/10, n/45, and FOB shipping point. On June 20, it returned $1,040 of that merchandise. The shipping charges for the purchase totaled $650. On June 24, it paid the balance owed for the merchandise taking any discount it is entitled to. The cash paid on June 24 equals
Since the buyer pays the balance within 10 days, a 3% discount is applied and the cash paid on June 24 is $9,724.80
In order to answer this problem, let us journalize each transaction below.
On June 15
Account Title Debit Credit
Inventory $10,300
Freight-In $650
Accounts Payable $10,950
On June 20
Account Title Debit Credit
Accounts Payable $1,040
Inventory $1,040
So, upon payment on June 24, the total payment will be;
Account Title Debit Credit
Accounts Payable $9,910
Cash ((($10,300 - $1,040) x 98%) + $650) $9,724.80
Inventory $185.20
Hence, the company can avail the discount. So, since the buyer pays the balance within 10 days,The amount of cash paid on June 24 equal $9,724.80
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according to a ____, the party who opens the box automatically accepts the terms by keeping the goods.
According to a contract of adhesion, the party who opens the box automatically accepts the terms by keeping the goods.
How can it be explained in detail?This type of agreement is made when one party, usually a bigger and more powerful entity like a corporation, presents the other party with a predetermined set of terms while the other party has little to no power to negotiate the terms. The consumer is considered to have accepted the terms by opening the box or using the product, which are frequently included in a document like a software licence or a product warranty. This kind of agreement is frequently criticised for being unfair to consumers and one-sided.
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According to a contract of adhesion, the party who opens the box automatically accepts the terms by keeping the goods.
What is an adhesion contract?
A contract of adhesion, also known as an adhesion contract, is one in which the parties have such disproportionate bargaining power that the party with less power could not have negotiated for changes to the contract's terms.
What distinguishes a contract of adhesion?An adhesion contract is one in which one party has significantly more control over the contract's terms than the other. The offeror must provide a customer with standard terms and conditions that are identical to those offered to other customers in order to establish a contract of adhesion.
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Matrix management creates an environment in which the unity-of-command principle is strictly followed. is a collection of independent, mostly single-function firms that collaborate to produce a good or service. is composed of dual reporting relationships in which some employees report to two superiors. involves holding employees together by contracts that stipulate results expected, rather than by hierarchy and authority. results in a centralized decision-making system.
Answer:
Matrix management
is composed of dual reporting relationships in which some employees report to two superiors.
Explanation:
Matrix management is a cross-functional work team in which there is dual or multiple management accountability and responsibility. Team members come from different units to achieve a specific business goal or purpose. It is characterized by two chains of command. One chain of command is functional, and the other chain of command is patterned along project, product, client, and other lines.
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
¿In two to three sentences, explain why it is important to have insurance.?
Answer:
Explanation:
Insurance protects yourself, your assets, or even your family against financial loss. Oftentimes, events, such as cancer or a car accident, are random and have the potential to financially run people. Insurance is a way to reduce the financial impacts of these risks.
Give us an example of a marketing brief you admired for a recent marketing project or program? Elaboratively discuss importance of 4 P's in the same
Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.
A website is an illustration of a marketing project. The website could be a component of a marketing effort that conveys a consistent message for a new product launch. A press release, a social media post, and an email could all be additional campaign projects.
The marketing mix, which includes the four Ps of marketing (product, pricing, place, and promotion), is frequently used. These are the main factors that go into creating and promoting a good or service, and they interact heavily.
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A price floor set at $60 would create a surplus of 20 units. a. True b. False
Answer:
True
Explanation:
PLZ HELP
Yarin’s gross pay for the year was $3,500. The federal income tax withholding from his pay was 9% of his gross pay. Yarin determined the federal income tax he owes is $115. How much of a refund can Yarin expect?
a-$200
b-$315
c-$3,035
d-$3,185
Answer:
200
Explanation:
A. $200
May I have brainliest please? :)
Barbara Bright is the purchasing agent for West
Valve Company. West Valve sells industrial valves
and fluid control devices. One of the most popular
valves is the Western, which has an annual demand
of 4,000 units. The cost of each valve is $90, and the
inventory carrying cost is estimated to be 10% of
the cost of each valve. Barbara has made a study of
the costs involved in placing an order for any of the
valves that West Valve stocks, and she has concluded
that the average ordering cost is $25 per order.
Furthermore, it takes about two weeks for an
order to arrive from the supplier, and during this
time the demand per week for West valves is approximately
80.
(a) What is the EOQ?
(b) What is the ROP?
(c) What is the average inventory? What is the
annual holding cost?
(d) How many orders per year would be placed?
What is the annual ordering cost?
a. The EOQ of Barbara Bright is 149.07.
b. The ROP is 160.
c. The average inventory is 74.54 and the annual holding cost is 670.82.
d. The orders per year that would be placed is 26.83 and the annual ordering cost is 670.82.
How to illustrate the information?An inventory management strategy called economic order quantity aids in the formulation of effective inventory management choices. It speaks of the ideal quantity of stock that a business should buy to meet demand while lowering holding and storage costs.
Economic Order Quantity = √(2SD/H)
EOQ= (2*4'000*25/(0.1*90))
= 149.07
(b) An exact level at which your stock needs to be restocked is known as a reorder point (ROP). To put it another way, it advises you when to order so that you won't run out of supply.
ROP = 80*2
= 160
(c) Calculating average inventory involves averaging inventory items over two or more accounting periods. Add the inventory counts at the end of each month, then divide the total by the number of months to determine the average inventory throughout a year.
AI= EOQ/2=
149.07/2
=74.54
AHC=C*h*EOQ/2
=90*0.1*149.07/2
=670.82
(d) The annual quantity calculates the number of orders demanded divided by the volume per order. Where, D = Annual quantity demanded. Q = Volume per order.
N=D/EOQ
=4'000/149.07
=26.83
Annual ordering Quantity = N*O
=26.83*25
=670.82
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For each of the following, compute the present value: (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) FV N I/Y PV $19,415 15 7% $47,382 8 11% $312,176 13 10% $629,381 25 13%
Answer:
Present value = FV / (1 + r)^t
1. PV = $19,415 / (1 + 0.07)^15
PV = $19,415 / (1.07)^15
PV = $19,415 / 2.759031
PV = $7,036.89
2. PV = $47,382 / (1 + 0.11)^8
PV = $47,382 / (1.11)^8
PV = $47,382 / 2.3045378
PV = $20,560.31
3. PV = $312,176 / (1 + 0.10)^13
PV = $312,176 / (1.10)^13
PV = $312,176 / 3.4522712
PV = $90,426.27
4. PV = $629,381 / (1 + 0.13)^25
PV = $629,381 / (1.13)^25
PV = $629,381 / 21.230542
PV = $29,645.07
The president of the retailer Prime Products has just approached the company’s bank with a request for a $30,000, 90-day loan. The purpose of the loan is to assist the company in acquiring inventories. Because the company has had some difficulty in paying off its loans in the past, the loan officer has asked for a cash budget to help determine whether the loan should be made. The following data are available for the months April through June, during which the loan will be used: On April 1, the start of the loan period, the cash balance will be $24,000. Accounts receivable on April 1 will total $140,000, of which $120,000 will be collected during April and $16,000 will be collected during May. The remainder will be uncollectible. Past experience shows that 30% of a month’s sales are collected in the month of sale, 60% in the month following sale, and 8% in the second month following sale. The other 2% is bad debts that are never collected. Budgeted sales and expenses for the three-month period follow: April May June Sales (all on account) $ 300,000 $ 400,000 $ 250,000 Merchandise purchases $ 210,000 $ 160,000 $ 130,000 Payroll $ 20,000 $ 20,000 $ 18,000 Lease payments $ 22,000 $ 22,000 $ 22,000 Advertising $ 60,000 $ 60,000 $ 50,000 Equipment purchases − − $ 65,000 Depreciation $ 15,000 $ 15,000 $ 15,000 Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases during March, which will be paid in April, total $140,000. In preparing the cash budget, assume that the $30,000 loan will be made in April and repaid in June. Interest on the loan will total $1,200. Required: 1. Calculate the expected cash collections for April, May, and June, and for the three months in total. 2. Prepare a cash budget, by month and in total, for the three-month period.
1. The expected cash collections for April, May, and June are as follows:
April May June Total
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
2. The Prime Products's Cash Budget is as follows:
April May June Total
Beginning cash balance $24,000 $22,000 $26,000 $24,000
Bank Loan $30,000 $30,000
Total collections $210,000 $316,000 $339,000 $865,000
Total receipts $264,000 $338,000 $365,000 $919,000
Total disbursements $242,000 $312,000 $315,000 $869,000
Bank Loan + Interest Repayment $31,200 $31,200
Ending cash balance $22,000 $26,000 $18,800 $18,800
Data and Calculations:
Requested bank loan = $90,000
Loan period = 90 days
April May June Total
Beginning cash balance $24,000
Accounts receivable $140,000
Budgeted Sales $300,000 $400,000 $250,000 $950,000
Cash Collections:
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
Merchandise purchases $ 210,000 $ 160,000 $ 130,000
Depreciation $ 15,000 $ 15,000 $ 15,000
Cash Disbursements:
April May June
Payment for purchases $140,000 $210,000 $160,000
Payroll $ 20,000 $ 20,000 $ 18,000
Lease payments $ 22,000 $ 22,000 $ 22,000
Advertising $ 60,000 $ 60,000 $ 50,000
Equipment purchases − − $ 65,000
Total cash disbursements $242,000 $312,000 $315,000
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Given the following probability distribution:
X
1
2
3
4
P(X=x)
0.14
2m
0.32
m
What is the Expected Value of X ?
The expected value of x in the probability distribution is given as 0.82
How to find the expected value of XWe are to find the M value for ∑P(x) = 1
such that we would have
0.14 + 2m + 0.32 + m = 1
We have to sum up the equation that we have above
0.14 + 0.32 + 2m + m = 1
0.46 + 3m = 1
3m = 1 - 0.46
3m = 0.54
divide through by 3
m = 0.54 / 3
= 0.18
0.14 + 0.18 * 2 + 0.32 = 0.82
Hence the probability distribution has the expected value of X as 0.82
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George is managing a telecommunication network deployment project. Most of the key project stakeholder are happy with the project so far. However, George has some potential concerns that might become issues in the near future. The next project status update meeting with the key stakeholders is scheduled next day. What should George do?
a) Wait till the concerns become issues
b) Do not report the concerns in the next meeting but try to mitigate these concerns c) Discuss these concerns with the key stakeholders
d) Briefly discuss these concerns in the next meeting but do not make them look significant
Option C is the best course of action for George. He should discuss his concerns with the key stakeholders during the next project status update meeting.
Why should he discuss?
This will allow him to address the concerns proactively and work with the stakeholders to come up with a plan to mitigate any potential issues before they become significant problems.
It's important to keep stakeholders informed about potential risks and concerns that could impact the project, so they can make informed decisions and take appropriate actions if necessary. Ignoring or downplaying these concerns could lead to serious problems down the line, so it's better to address them as soon as possible.
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What conclusion can be drawn about an organization that does not conduct market research?
Answer:
Sorry, but I cant tell you, you need to know
Explanation:
The five stress in the workplace
The five stress in the workplace
WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balanceThe five stress in the workplaceStress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.
Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.
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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from the government. It allows the supply and demand of consumers to determine the success or failure of an economic endeavor. As a result, some business owners have become successful, while others have not.
In an essay, you will choose an entrepreneur and argue whether the free enterprise system was necessary for that individual to make an impact on the business world.
The entrepreneur that is chosen for this argument is Steve Jobs. Steve Jobs was one of the co-founders of Apple, which is now a trillion-dollar company.
The free enterprise system was necessary for Steve Jobs to make an impact on the business world. Steve Jobs did not come from a wealthy background, but he had a passion for technology. The free enterprise system allowed him to start a business without any restrictions from the government.
He was able to create innovative products, such as the iPhone and iPad, and sell them to consumers. The supply and demand of consumers determined the success or failure of his business endeavors. Steve Jobs was able to create a successful company and become a billionaire because of the free enterprise system.
Without the free enterprise system, Steve Jobs may not have been able to start a successful business and make an impact on the business world.
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Sports Specialists makes baseballs and softballs in a three-step process. Unfortunately, the sewing machine process has been identified as a bottleneck. Each softball has a contribution margin of $9.00 and each baseball has a contribution margin of $3.00. The sewing machine can make 10 softballs or 25 baseballs in one hour.
A. If demand for both products is unlimited and the sewing machine capacity cannot be expanded. Calcuate the Contribution margin/hour for each product.
Contribution
Margin/hour
Softballs
Baseballs
B. If demand for each ball is limited to 7,000 balls and there are 900 hours available on the machine, how many of each product should be produced?
Softballs
Baseballs
Answer:
A) The contribution margin per hour for softballs is $ 90, while the contribution margin per hour for baseballs is $ 75.
B) Only baseballs should be produced to maximize results.
Explanation:
Since Sports Specialists makes baseballs and softballs in a three-step process, but unfortunately, the sewing machine process has been identified as a bottleneck, and each softball has a contribution margin of $ 9.00 and each baseball has a contribution margin of $ 3.00, and the sewing machine can make 10 softballs or 25 baseballs in one hour, A) if demand for both products is unlimited and the sewing machine capacity cannot be expanded, to calculate the contribution margin / hour for each product and B) if demand for each ball is limited to 7,000 balls and there are 900 hours available on the machine, to determine how many of each product should be produced, the following calculations must be performed:
A)
Softballs: 9 x 10 = 90
Baseballs: 3 x 25 = 75
Therefore, the contribution margin per hour for softballs is $ 90, while the contribution margin per hour for baseballs is $ 75,
B)
7000/25 = 280
280 x 25 x 3 + 0 x 10 x 9 = 21,000
270 x 25 x 3 + 25 x 10 x 9 = 22,500
200 x 25 x 3 + 200 x 10 x 9 = 33,000
100 x 25 x 3 + 450 x 10 x 9 = 48,000
50 x 25 x 3 + 575 x 10 x 9 = 55,500
0 x 25 x 3 + 700 x 10 x 9 = 63,000
Therefore, only baseballs should be produced to maximize results.
5. Consider the supply chain involved when a customer orders a book from Amazon. Identify the
push/pull boundary and two process each in the push and pull phases.
Answer:
1. At pull stage Customers request for books. A pull system by Amazon was made through the use of ingram book group. They support booksellers in supply and demand of book buyers
2. The push strategy is made through the development of several warehouses. Procurement of inventory is done and peoples orders are sent out by utilizing pull strategy.
Processes in pull strategy:
1. Shipping
2. Order fulfilment
Processes in push strategy:
1. Stock replenishment
2. Production
I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP
The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.
What is domestic?Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.
Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.
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100 pts
The table identifies how many thousands of units of corn and diamonds the United States and Congo can produce in one week. Use this data to answer the question that follows.
Corn
Diamonds
United States
60
10
Congo
20
5
Which statement is true based on the data table?
The United States should specialize in diamonds and trade for corn.
The United States should specialize in corn and trade for diamonds.
Congo should specialize in corn and trade for diamonds.
Congo should specialize in both corn and in diamonds.
Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
Carlos and Deborah are farmers. Each one owns a 12-acre plot of land. The following table shows the amount of rye and corn each farmer can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing rye or corn or to produce rye on some of the land and corn on the rest.
Rye Corn
(Bushels per acre) (Bushels per acre)
Carlos 18 6
Deborah 28 7
___________ has an absolute advantage in the production of rye, and _________ has an absolute advantage in the production of corn. Carlos's opportunity cost of producing 1 bushel of corn is___________ bushels of rye, whereas Deborah's opportunity cost of producing 1 bushel of corn is ___________ bushels of rye. Because Carlos has a ___________ opportunity cost of producing corn than Deborah,____________ has a comparative advantage in the production of corn, and____________ has a comparative advantage in the production of rye.
Answer:
Deborah
Deborah
3
4
lower
Carlos
Deborah
Explanation:
a person has comparative advantage in production if he / she produces at a lower opportunity cost when compared to other people
for carlos
the opportunity cost of producing rye = 6 / 18 = 0.33
the opportunity cost of producing corn = 18 / 6 = 3
for Deborah,
the opportunity cost of producing rye = 7 / 28 = 0.25
the opportunity cost of producing corn = 28 /7 =4
Carlos has a comparative advantage in the production of corn because he produces at a lower opportunity cost when compared with Deborah
Deborah has a comparative advantage in the production of rye because he produces at a lower opportunity cost when compared with Carlos
A person has absolute advantage in production if he produces more quantity of the product when compared to other people.
Deborah has absolute advantage in the production of both rye and corn
The correct statements will be that
1. Carlos has an absolute advantage in the production of Rye
2. Deborah has an absolute advantage over the production of Corn.
3. Carlos' opportunity cost of producing 1 bushel of rye is 3 bushels of rye
4. Deborah's opportunity cost of producing 1 bushel of corn is 4 bushels of rye.
5. Carlos has a lower opportunity cost of producing corn than Deborah.
6. Deborah has a competitive advantage in the production of Corn.
7. Carlos has a competitive advantage in the production of Rye.
The production outputs of Carlos and Deborah suggests that Deborah is a more efficient farmer.
Production outputThe production output refers to the total outcome derived from the use of resources available at a given period of time, such that the two different outputs are comparable. Here, as the production output of Deborah is more in both the cases of production of rye and corn, it can be said that the production output of Deborah is more than Carlos.Hence, the correct statements regrading the production outputs of Carlos and Deborah are as aforementioned.
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'professionally managed and centrally coordinated marketing channels designed to achieve channel economies and maximum marketing impact are referred to as
In order to achieve channel economies and the most possible marketing impact, vertical marketing systems—professionally managed and centrally coordinated marketing channels—were developed.
What do you mean by vertical marketing system in terms of marketing?A vertical marketing system is produced when wholesalers, retailers, and manufacturers all collaborate to meet the needs of their customers. It makes it possible for one company to have complete control over the production and distribution of a thing.
A vertical marketing system's ability to act as a system is one of its advantages.The main advantage of VMS is that it allows your company total control over all facets of developing and promoting a product. By being able to see the larger picture, anticipate problems, and make changes as needed, doing this increases your efficiency.
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What types of crime you experience most frequently?
Answer:
well if you live in a safe country
Explanation:
u wont experience any crime
Answer:
Hey mate.....
Explanation:
This is ur answer.....
There are many cases going on maybe now or everytime but like now around me there are no cases I experienced till now.....But if you are asking the frequent cases that take place nowadays is most probably Cyber bullying.....
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TIME REMAINING
53:22
Which of these is a banking activity of the Fed?
printing money
regulating securities markets
storing money for banks
funding government programs
Answer:
C
Explanation:
Answer:
C
Explanation:
Vanya inc. charter authorizes 1000 shares of stock at a stated value of $1 per share. Vanya sells 50 shares of stock at its initial offering for $10 [er share. The journal entry to record this transaction?
Credit for Paid-In Capital, in Surplus of Stated Worth for $450, $50 toward Common Stock, and $500 toward Cash.
Why do you use the term "Common Stock"?A form of business equity and a kind of security is common stock. Within the borders of the United States, the words vote share and common share are widely used. In the UK as well as other Commonwealth nations, they are referred to as share capital or ordinary shares. A investor holds 1% of the company if they hold shares of a company of the ordinary stock. This investor will receive $100 (1,000 units X $0.10) in dividends if the company declares a $0.10 per share dividend.
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