Answer:
The company should place an order every 2 days
Explanation:
The EOQ or economic order quantity is the quantity which minimizes the inventory related costs. The EOQ is calculated as follows,
EOQ = √(2 * D * O) / H
Where,
D is the annual demandO is the ordering cost per orderH is the holding cost per unit per yearEOQ = √(2 * 30000 * 20) / 40
EOQ = 173.2050808 gallons rounded off to 174 gallons
If the company orders using the EOQ, then at an annual demand of 30000 gallons, the number of times that company should order the EOQ is,
Number of orders = 30000 / 174 = 172.4137931 or 173 orders per year
If the company needs to order 173 times per year, the company should place an order every x number of days.
x = 365 / 173
x = 2.10982659 days rounded off to 2.11 days or every 2 days
According to Accenture's Technology Vision 2014, becoming a(n) _______ is crucial to how enterprises innovate and differentiate from competitors.
Answer:
Truly digital business.
Explanation:
Accenture's technology team are seen to take researches on companies that have technological features are most times results from their desk are set to be criterion or bench mark to tech development to ever company that wants/have dealings with technological materials.
Their approach compels firms to savage tech opportunities, utilizing them for the growth of their companies. Therefore companies that aim at growing further in this form in era like this details that everyone has an app. Furthermore, companies that are dominating in the mobile space don’t stop at offering. Also companies that put digital at the center of what they do know where their customers are attacking them rightly or not.
If a short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will ______, and output will ______.
Answer: increase; decrease
Explanation:
An economy is said to be in short run equilibrium when when the quantity of the total output that is supplied by the producers in the economy is equal to the quantity of the aggregate output that is demanded by the consumers.
If short-run equilibrium occurs at a level of output above the natural rate, then in the transition to the long run prices will increase and output will decrease.
To maximize profit, a monopolist will produce and sell a quantity such that for the last unit sold, marginal revenue equals marginal cost, and charges a price given by the demand curve at that output level.
a. True
b. False
Answer:
True.
Explanation:
True, the statement given is true because the profit maximization condition of the monopolist is “MR=MC” and it charges the price that is derived from the demand curve. For a monopolist, the demand curve and the marginal revenue (MR) curve is downward sloping. Therefore, the point where the marginal cost (MC) curve cuts the marginal revenue (MR) curve is the profit-maximizing point.
"For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the:"
Answer:
ability of the program to generate losses for tax purposes but provide positive cash flow.
Explanation:
Capital budgeting decisions include ______. increasing the salary of the current company president hiring new factory workers acquiring a new facility to increase capacity deciding to replace old equipment purchasing new equipment to reduce cost determining which equipment to purchase among available al
Answer:
a.) acquiring a new facility to increase capacity
b.) deciding to replace old equipment
c.) purchasing new equipment to reduce cost
e.) determining which equipment to purchase among available alternatives
f.) choosing to lease or buy new equipment
Explanation:
Capital budgeting refers to the process in which the business analyzed which planned fixed asset should be purchased or not.
The decision is based on whether the fixed asset should provide you better return after invested it or not and choose that fixed asset that generated a better return at minimum cost
Therefore it includes the above answers
Suppose demand is given by Qxd = 50 − 4Px + 6Py + Ax, where Px = $4, Py = $2, and Ax = $50. A is the amount of the advertising. What is the quantity demanded of good x?
Answer: 96
Explanation:
Since the demand is given by:
Qxd = 50 − 4Px + 6Py + Ax,
where Px = $4,
Py = $2, and
Ax = $50.
where A is the amount of the advertising.
The quantity demanded of good x will be:
Qxd = 50 − 4Px + 6Py + Ax
= 50 - 4(4) + 6(2) + 50
= 50 - 16 + 12 + 50
= 1112 - 16
= 96
For Feigenbaum, quality criteria always constitute… Group of answer choices a moving target in a competitive world a function of variation in measurable parameters a set of objectifiable product parameters some combination of reliability and validity
Answer:
a moving target in a competitive world
Explanation:
Armand Feigenbaum was widely known as an American quality control expert, who in his book, titled "Total Quality Control" suggested that quality is a productive system for incorporating the product and service development, quality sustenance and development actions for the purpose of providing products and services at the largely inexpensive degrees, which give full customer satisfaction.
He concluded that quality and accordingly customer value judgments are a moving target in a competitive market.
Therefore, For Feigenbaum, quality criteria always constitute "a moving target in a competitive world."
"A Registered Investment Adviser has a retired client who wishes to put aside funds for the purchase of a car 5 years from now. Preservation of capital is important to this client. The RIA should recommend investments in:"
Answer:
C. I, II, III
Explanation:
As it is mentioned that the customer wants the funds for the 5 years and the preservation of the capital is significant to the client.
In this, the certificate of bank and the money market is relevant, also the 5 year treasury bond is considered as the fund is required for 5 years so it would be matured till that time
But the treasury strips for the 30 days is not considered as the given time period is 5 years but it is only for 30 days
Hence, the correct option is C.
Which of the following is true about competitive pricing? a. It is set by covering costs only. b. It is set by figuring out just how much a customer is willing to pay and pricing near that mark. c. It is at a medium level, somewhere in between extremes, using competitors’ prices as a starting point, and adjusting from there. d. It is set by covering costs and then adding some margin.
Answer: c. It is at a medium level, somewhere in between extremes, using competitors' prices as a starting point, and adjusting from there.
Explanation:
There is a lot of competition going on in most markets as this competition continues brands begin to look at what each other is doing to be able to beat themselves in the market. They understand that a good price and assured product will make them either loose or gain more clients and customers. This makes them focus on the price of each other and adjust or make out their own price from there.
Companies and firms often engage in competitive pricing. The true statement about competitive pricing is that It is at a medium level, somewhere in between extremes, using competitors’ prices as a starting point, and adjusting from there.
Competitive pricing is simply known as the act of selecting strategic price points to use in taking a degree of advantage of a product or service based market when compared to its competition.It is a pricing method that is often used by businesses selling similar products
This type of pricing strategy is often used when a price for a product or service has attained a level of equilibrium.
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Kayden decided to attend college and gain a degree in accounting. He is now starting his degree. The yearly cost of tuition is $10,000 and he left his auto mechanic shop management job giving up a $32,000 a year to attend college. Kayden’s decision resulted in
Answer:
opportunity cost of $32,000
explicit cost of $10,000
Explanation:
Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.
the decision to leave his job is the opportunity cost of attending college. So, the opportunity cost is the income he would be forgoing to attend college.
the tuition fee he pays is the explicit cost. explicit cost is the actual cost incurred in carrying out a particular action
Mary was shopping in a clothing store. She had $100 to spend. She found three items she liked: $99 for a pair of shoes, $98 for a jacket, and $96 for a dress. After over an hour of shopping, she decided to buy the jacket for $98. What was her opportunity cost?
Answer:
She have two opportunity cost: 1. Shoes
2. Dress
With the return back money of $2
Opportunity cost is the return of a foregone option less than the return on your chosen option.
Presented below is net asset information related to the Marin Division of Santana, Inc.
Cash $64
Accounts receivable 213
Property, plant, and equipment (net) 2,608
Goodwill 214
Less: Notes payable (2,603)
Net assets $496
The purpose of the Larkspur Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated with refueling could be substantially reduced. Many other benefits would also occur. To date, management has not had much success and is deciding whether a write-down at this time is appropriate. Management estimated its future net cash flows from the project to be $410 million. Management has also received an offer to purchase the division for $335 million (deemed an appropriate fair value). All identifiable assets’ and liabilities’ book and fair value amounts are the same.
Required:
Prepare the journal entry to record the impairment at December 31, 2017.
Answer:
Entry is given below
Explanation:
Loss on impairment can be calculated bt deducting the carrying value of goodwill which is 214m here from the implied goodwill
ENTRY
Debit Credit
Loss on impairment $161
To goodwill $161
Working
The Fair value of division $335
Less: carrying amount net of goodwill ($496-$214) ($282)
Implied goodwill $53
Less: carrying value of goodwill ($214)
Loss on impairment $161 m
.
During a resuscitation, the team leader assigns team roles and tasks to each member. You recognize that a task has been overlooked. Which is the most appropriate action
Answer:
fill that overlooked role
Explanation:
In a scenario such as this one, the most appropriate action would be to fill that overlooked role. During a resuscitation, every second counts and all the members of a team are trained to handle these situations, therefore if a role has been overlooked by the team leader the other members need to fill that role as quickly as possible as long as they are not currently occupied with another role. Doing so will save time and potentially a life.
Shivaram and Kiran are buying a home in a new subdivision. Due to all of the subdivisions in the area, a new elementary school is being built. Additionally, a new area park is planned. Shivaram and Kiran have been informed the taxes on their new home are substantially higher than their previous property. Why
Answer:
The Mello-Roos Community Facilities Act of 1982
Explanation:
The Community Facilities Act enacted in 1982 with the motive to generate the alternative method of financing required to improve every type of services with respect to schools, areas, etc
Here in the question, it is mentioned that there is plan of new area park and also the new home taxes are more than the last property they have. This is done due to this above act
hence, the same is to be considered
To satisfy their economic wants, people ______ goods and services.
Answer: Consume.
Explanation: To satisfy their wants humans tends to consume goods and services. consumes in this sentence is used to indicate the Human purchasing power to sati their needs. And what are human needs this are what we need to survive on a daily basis mainly food, clothes and shelter. So by consuming goods and services we are satisfying our need.
Answer:
Answer: Consume.
Explanation:
A quantitative method used to evaluate multiple locations based on total cost of production or service operations is called:
Answer:
Load-distance method.
Explanation:
Load-distance method is a technique of making facility location decisions by an organization. In this method, different facility locations are assigned a load-stance value (it is a measure of the weight of the load to be transported and the distance) and the different facilities are evaluated on the basis of this value. The location with the minimum load-distance will have minimum transportation cost; so, this location will be preferred over the other locations.
The break-even analysis is a financial calculation that calculates the cost of the new business and services against the units sold to determine the point of the break-even.
The analysis is thus a method to evaluable the multiple locations on the total oats of the production nd the operations.Learn more about the used to evaluate multiple locations based.
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Match each example of a study to the type of method used. researchers develop a survey and ask the same questions to 40,000 randomly selected people. researchers interview or survey the same 1,000 families every 5 years over a 40-year period. researchers conduct long interviews with open-ended questions with 40 couples. researchers observed 15 families in their homes over a period of 1 year. researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week.
Answer:
1. Researchers develop a survey and ask the same questions to 40,000 randomly selected people. - Sample Survey
Sample surveys involve using a subset of the population that is randomly selected as the basis for the research.
2. Researchers interview or survey the same 1,000 families every 5 years over a 40-year period. - Longitudinal survey
In a Longitudinal survey, participants are observed and studied at regular intervals over a period of time which can either be long or short term.
3. Researchers conduct long interviews with open-ended questions with 40 couples. - In-depth Interviews
In-depth interviews aim to find out as much on a topic as possible and as such can take some time to complete. Questions are usually open ended so subjects can express themselves fully.
4. Researchers observed 15 families in their homes over a period of 1 year. - Observation
Observational study involves observing the subjects often in their natural settings.
5. Researchers survey family members on how many hours per week they spend doing various tasks or ask them to keep a diary of what they do every 30 minutes over an entire day over a period of a week. - Time use studies.
Time use studies are studies on the way people spend their time which is what the researchers here hope to find out.
WalMart grants credit to consumers who purchase for personal or family use. This type of credit is called:
Answer:
consumer credit
Explanation:
The type of credit being mentioned is known as consumer credit. This is a personal debt taken on by the future consumer in order to be able to purchase goods and/or services. This includes any type of personal loan used for this reason such as a credit card, mortgage loan, or even a store grant like the one that WalMart is providing in this scenario. Such store loans are usually given to individuals which will buy the goods and services from the store that provided the loan.
Gundy Company expects to produce 1,200,000 units of Product XX in 2017. Monthly production is expected to range from 80,000 to 120,000 units.
Budgeted variable manufacturing costs per unit are direct materials $5, direct labor $6, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $2 and for supervision are $1.
In March 2017, the company incurs the following costs in producing 100,000 units: direct materials $520,000, direct labor $596,000, and variable overhead $805,000. Actual fixed costs were equal to budgeted fixed costs.
Required:
1. Prepare a flexible budget report for March.
2. Were costs controlled?
Answer:
Gundy Company
Flexible production budget report
For the month of March, 202x
budgeted actual variance
costs costs
Units produced 100,000 100,000 -
Variable costs:
direct materials $500,000 $520,000 $20,000 Udirect labor $600,000 $596,000 $4,000 Fvariable overhead $800,000 $805,000 $5,000 UFixed costs:
Depreciation $200,000 $200,000 -Supervision $100,000 $100,000 -Generally when we say that costs were controlled or under control, we mean that actual costs were equal or less than the budgeted costs. Only direct labor and fixed costs can be considered controlled, since we have unfavorable variances for direct materials and overhead.
West Corp. issued 16-year bonds 2 years ago at a coupon rate of 9.5 percent. The bonds make semiannual payments. If these bonds currently sell for 99 percent of par value, what is the YTM?
Answer:
the YTM of the bond is 9.63%.
Explanation:
Bonds price in most countries is usually expressed per $100. Taking this price into account, the Yield to Maturity (YTM) would be calculated as follows :
Pv = $100 × 99% = - $99
n = 14 × 2 = 28
pmt = ($100 × 9.5 %) ÷ 2 = $4.75
p/ yr = 2
Fv = $100
YTM = ?
Using a Financial Calculator, the yield to maturity, YTM is 9.6316 or 9.63%.
Anheuser-Busch and Miller Brewing both experienced market failures in the United Kingdom when they used the phrase "light beer" which was misinterpreted as
Answer:
"Having reduced alcohol levels" is the correct answer.
Explanation:
The given is seems to be an American beer organization with its headquarters throughout St. Louis, Missouri. It would be the world has ever known largest revenue-based brewing firm, although 3rd in brewing volume, until InBev confirmed its investment procurement 13 July in the year 2008.Ever since they suffered negative externalities throughout the UK when they used the term " light or hot beer" which again was misunderstood as having reduced caffeine contents.Marlene works in a manufacturing facility, Carz Parts. Throughout the building there were posters and calendars of a sexually explicit nature, making Marlene very uncomfortable. Carz Parts:________
a. Practices sexual discrimination.
b. has no legal worries because Marlene is not suffering any economic injury.
c. has no legal worries because none of the offensive materials are directed at Marlene.
d. has a hostile work environment.
e. is engaging in quid pro quo harassment.
Answer:
d. has a hostile work environment.
Explanation:
Based on this scenario, it seems that Carz Parts has a hostile work environment. This is a work environment that is created by a boss or coworker whose actions, communication or behavior make doing your job impossible by altered the terms, conditions, and/or reasonable expectations of a comfortable work environment. Which in this scenario, the sexually explicit posters were put up and/or allowed by the boss, and since the posters make Marlene very uncomfortable which prevents her from doing her job correctly the boss has therefore created a hostile work environment.
Which of the following contributed most to early people’s ability to produce food?
Answer:
The answer is "The end of the Ice Age."
Explanation:
Answer:
B for the end of the ice age
Explanation:
hope you do good on your test.
Which root of insurgency discusses how foreign businesses can dominate critical portions?
Answer: Occupation or exploitation
Explanation:
The root of insurgency that discusses how foreign businesses can dominate critical portions is referred to as occupation or exploitation.
Foreign business should exploit the local market and take advantage of economies of scale in order to break into such market. One way to exploit I by studying the local market very well and understanding what it entails and what it needs ti further develop which they can use to their advantage.
ou work for a company that manufactures food products. A new "wonder food" contains only carbon, oxygen, and hydrogen. At this point, your research can say with certainty that the food ______.
Answer: B)does not include proteins or nucleic acids.
Explanation:
Carbon, oxygen, and hydrogen are very important elements in the production of various compounds that result in food for the human race and perhaps the most popular of those is carbohydrates.
They are also important in the formation of Proteins and nucleic acids. In these two however, the aforementioned elements need another element to form them. That element would be Nitrogen. As this new wonder food is lacking in nitrogen it can be confidently said that it does not include any proteins or nucleic acids.
The type of layout where similar activities are grouped together in departments or work centers according to the function they perform is known as a
Answer: process layout
Explanation:
Process layouts has to do with the grouping of resources based on their similarity in processes.
It is the type of layout where similar activities are grouped together in departments or work centers according to the function they perform.
To estimate a stock's beta from historical data, we should regress the (excess) return of the stock on the (excess) return of _____.
Answer: c. the market portfolio
Explanation:
A stock's beta measures how the stock moves in relation to the general movement of the market. It is therefore possible to estimate it based on the returns of both the market and the historical return of the stock.
To do so, one can run a regression analysis of the excess return of the stock on the excess return of the market portfolio. This will allow for knowing the amount of risk that is from the market and the one from the stock itself thereby allowing for the calculation of the stock's beta.
Why is a football game on ESPN a quasi-public good but a game on the NBC, CBS, or ABC is a public good
Answer:
The correct answer is explained below.
Explanation:
To begin with, the concept of a "Quasi-public good" refers to the type of good that has the characteristics of both the private goods and the public goods. A common example of them are the roads and the tunnels. These goods has partial excludability, partial rivalry, partial diminishability and partial rejectability and the market for them are considered to be incomplete markets.
Secondly, when it comes to the football game on ESPN the good is considered to be a quasi-public one due to the fact that the channel is only for sports and the company provides the service to the operator who provides it to the consumer who wants that specific service and it does it after collecting some charges for telecasting the channel and that is why the good is quasi-public.
A business impact analysis (BIA) identifies threats, vulnerabilities, and potential attacks to determine what controls can protect the information.
Answer:
The correct answer is: False.
Explanation:
To begin with, the name of "Business Impact Analysis" or BIA, in the field of business, refers to the strategy or process that focus on the analysis of the organization when an emergency happens and to see how that surprise event has affected the company's operations. So that is why that this method determines and evaluates all the potential effects that the disaster had on the structure of the organization and how that impact could be resolve by the managers and the whole crew of employees.
five type of advertising
Answer:
The types of advertising are many but i grouped them into 5 ;
Media Advertising : Through Television , radioPrint advertising : Through newspaper , flyers , brochures magazinesSocial media advertising ; Online Display advertising : Through billboards and Signboard Directories
Explanation: