Answer:
Break-even point = 110 lawns & Break-even sales point = $8,800
Explanation:
Total fixed costs = Depreciation + Advertising + Insurance
Total fixed costs = 1,400 + 200 + 3,680
Total fixed costs = $5280/month
Total variable cost per unit = Weed + Direct labor + Fuel
Total variable cost per unit = 13 + 16 + 3
Total variable cost per unit = $32/lawn
Contribution margin ratio = (Sales per unit - variable cost per unit) / sales per unit
Contribution margin ratio = (80 - 32) / 80
Contribution margin ratio = 0.6
Contribution margin ratio = 60%
Break-even sales = Fixed costs / contribution margin ratio
Break-even sales = $5280 / 60%
Break-even sales = $8800
Break-even sales units = Break-even sales / sales per unit
Break-even sales units = 8800 / 80
Break-even sales units = 110 lawns
Break-even point = 110 lawns & Break-even sales point = $8,800
An automobile insurance policy typically includes: a. collision, comprehensive, liability, and personal injury protection b. collision, high-risk pools, indemnity, and personal injury protection c. collision, comprehensive, indemnity, and personal injury protection d. collision, high-risk pools, liability, and personal injury protection
Answer:
b. collision, comprehensive, liability, personal injury protection
Explanation:
automobile insurance policy can be regarded as a contact that exist between someone and the insurance company, which provide protection from financial loss Incas there is arises of theft, accident on ones car. It should be noted that An automobile insurance policy typically includes collision, comprehensive, liability, personal injury protection
Suppose you sell nine September 2023 palladium futures contracts on this day, at the last price of the day which is $1690 per ounce. Each contract is for 100 ounces. What will your cumulative mark to market be if palladium prices are $1770 per ounce at expiration
Answer:
the cumulative mark to market is -$72,000
Explanation:
The computation of the cumulative mark to market is shown below:
Mark to market is
= (selling price - ending price) × ounces per contract × number of contracts
= ($1,690 per ounces - $1,770 per ounces) × 100 punces × 9
= -$72,000
hence, the cumulative mark to market is -$72,000
We simply applied the above formula so that the correct value could come
And, the same is to be considered
If the Semi Monthly is $4,000
A) How much is the Annual?
B) How much is the Bi Weekly?
C) How much is the Monthly Pay?
D) How much is the Weekly Pay?
E) How much is the Hourly Pay?
Answer:
um im not for sure but i think its D
Explanation:
Behavioral economists contend that the traditional economic framework always accurately depicts human behavior. a. True b. False
Answer:
False
Explanation:
In simple words, Behavioral economics assume they have defined human actions as logical, constant self, and logically consistent which is inconsistent with the paradigm of individuals as mentioned in theories of traditional economics. Thus, from the above we can conclude that the given statement is incorrect.
Assuming a current ratio of 1.0 and an acid-test ratio of 0.75, how will the purchase of inventory with cash affect each ratio?
a. Increase the current ratio and increase the acid-test ratio.
b. No change to the current ratio and decrease the acid-test ratio.
c. Decrease the current ratio and decrease the acid-test ratio.
d. Increase the current ratio and decrease the acid-test ratio.
If a company has current ratio of 1.0 and an acid-test ratio of 0.75, the purchase of inventory with cash affect each ratio by: b. No change to the current ratio and decrease the acid-test ratio.
What is current ratio and acid-test ratio?Current ratio is caluculated as current assets /current liabilities while acid-test ratio is calculated as current assets-inventories/current liabilities.
Both current ratio and acid- quick ratio are important for a business as they help to determine the ability of a company to pay their short-term liabilities.
Inconlusion the current ratio should remian unchange while the acid-test ratio should be reduce.
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Answer:
B
Explanation:
The purchase of inventory with cash will impact each ratio differently if a corporation has a current ratio of 1 and an acid-test ratio of 0.75.
In the long run, with a floating exchange rate, changes in _____ will have an impact on the real exchange rate.
a. the U.S. money supply only
b. the foreign country's money supply only
c. both the U.S. money supply and the foreign country's money supply
d. neither the U.S. money supply nor the foreign country's money supply
Answer:
d. neither the U.S. money supply nor the foreign country's money supply
Explanation:
The main advantage of a floating exchange rate is that the real exchange rate is always balanced. This happens because the balance of payments is also balanced. E.g. if net exports start to increase, domestic currency will appreciate, resulting in higher domestic prices, which will balance the real exchange rate.
What action would you recommend Silvio take with respect to the transfer pricing and sourcing problems with European plants?
Answer:
It is imperative to note that since the european plants cost of processing are getting higher with time , it could be given to other companies who could process it at a lower cost.
Silvio then needs to to get their cooperation and go with his team members to conduct a one-on-one negotiation to speed up the process and ensure more experience for members of his team.
A bank issues 200 pesos, against which it holds assets of $40 cash, plus bonds worth 60 pesos. On backing theory principles, how many pesos will it take to buy $1?
Answer:
3.5
Explanation:
Calculation for how many pesos will it take to buy $1
Using this formula
Number of Pesos=Pesos issued by bank-Bond/Asset
Let plug in the formula
Number of Pesos=200 -60 /$40
Number of Pesos=140/40
Number of Pesos=3.5
Therefore the number of pesos it will take to buy $1 will be 3.5
Can someone explain marginal revenue, marginal cost, and profit for each quantity level to me? I don't understand anything... And then how to make a data table for it?
20 pts and brainliest if it makes sense
ima start selling many things on ebay,so I'm setting up a PayPal account, what's the df between these 2 tho? which one should I choose?
What other factors, aside from cost, affect our personal purchase choices?
a) Other people's opinions of us
b) Our individual personality
c) Popular trends
d) All of these
Answer:
d
Explanation:
When an oligopoly market reaches a Nash equilibrium:_______
a. a firm will have chosen its best strategy, given the strategies chosen by other firms in the market.
b. the firms will not have behaved as profit maximizers.
c. a firm will not take into account the strategies of competing firms.
d. the market price will be different for each firm
Answer:
Option A: A firm will have chosen its best strategy, given the strategies chosen by other firms in the market.
Explanation:
Oligopoly Market os simply a type of Markets with only a few sellers, each offering a product similar or identical to the others. if and when, how oligopolists do not have the opportunity to collude, once they have reached the Nash equilibrium, it it is always in their best interest to leave their quantities supplied unchanged.
Oligopolists are always best off, in terms of their profits brings about a total quantity of output that falls short of the Nash-equilibrium total quantity.
When an oligopoly market reaches a Nash equilibrium: A firm will have chosen its best strategy, given the strategies chosen by other firms in the market. Thus, option A is the correct option.
In a Nash equilibrium, each firm in the oligopoly has selected its optimal strategy, considering the strategies chosen by other firms. At this point, no firm can unilaterally deviate from its chosen strategy and improve its position.
Each firm is maximizing its own profit based on the actions of its competitors. This equilibrium is reached when all firms in the oligopoly have made their strategic decisions, and there is no incentive for any firm to change its strategy unilaterally.
Therefore, option A accurately describes the situation in a Nash equilibrium.
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What is one good way to find out how well prospects will do a job?
Answer:
do an interview
Explanation:
.........
Marigold Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $157,500, $404,800, and $93,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,100, machine hours 25,300, and number of inspections 1,800.
Required:
Compute the overhead rate for each activity.
Answer and Explanation:
The computation of the overhead rate for each type of activity is as follows:
Overhead rate is
= Activity activity ÷ Level of activity driver
For machine setup, the Overhead rate is
= $157,500 ÷ 2,100 setup
= $75 per set-up
For machining, the overhead rate is
= $404,800 ÷ 25,300
= $16 per machine hour
For inspection, the overhead rate is
= $93,600 ÷ 1,800
= $52 per inspection
Travis Brown deposited $17,500 into Browning Bank, which pays 4% compounded quarterly. Calculate how much Travis will have in his account at the end of seven years. (Round your answer to the nearest cent.)
Answer:
Travis will have $23,122.59 in his account at the end of seven years
Explanation:
Future value is the compounded value calculated using a specific time and specific rate too.
To calculate the balance after seven years use the following formula
Future value = Present value x ( 1 + periodic interest rate )^numbers of periods
Where
Future value = Balance after 7 years = ?
Periodic interest rate = 4% x 3/12 = 1%
Numbers of periods = 7 years x 12/3 = 28 periods
Placing values in the formula
Balance after 7 years = $17,500 x ( 1 + 1% )^28
Balance after 7 years = $23,122.59
An employer will do a 50% match on your investment to a 401k retirement plan. If you decide to contribute a monthly amount of $220, how much should be in the account after 15 years
Answer:
There will be $92,635.42 in the account after 15 years.
Explanation:
Missing question "The interest rate is fixed at 2.05%"
As the employer does a 50% match on the employee’s investment, the monthly contribution to the retirement plan will be = 2 * $220 = $ 440.
The future value (F) of an annuity is given by F = (P/r)[(1+r)n-1]
P is the periodic payment
r is the rate per period
n is the number of periods.
P = 440, r = 2.05/1200 and n = 15*12 = 180.
F = (440*1200/2.05)[ (1+2.05/1200)180 -1]
F = (528000/2.05)*0.359664042
F = 92635.4215493
F = $92635.42
Thus, there will be $92,635.42 in the account after 15 years.
Required: 1-a. Calculate the future value at the end of three years. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)
Answer: $2,398.55
Explanation:
The deposit at the end of year one would have been compounded by 2 years at the end of year 3. The second year deposit would have compounded by 1 year and the third year deposit would not have compounded at all.
The future value at the end of 3 years is;
= (500 * ( 1 + 11%)²) + (750 * ( 1 + 11%)) + 950
= $2,398.55
The question might not be the exact same but you can use this as a reference.
A decline in U.S. wealth would tend to cause: _____________
a. long-run aggregate supply to increase.
b. aggregate demand to increase.
c. short-run aggregate supply to increase.
d. long-run aggregate supply to decrease.
e. aggregate demand to decrease.
Answer: e. aggregate demand to decrease
Explanation:
A decline in U.S. wealth would tend to cause aggregate demand to decrease. Demand is defined as the amount of goods and services that one can buy at a certain price and at a given time.
When an economy is made up of wealthy individuals, the aggregate demand for that economy tends to increase due to the fact that such individuals have the purchasing power and hence can afford to buy whatever they want.
When there's a reduction in wealth, this will result into a reduction in aggregate demand as the people won't have much fund to make purchases like before.
Crane Company sells 50000 units for $10 a unit. Fixed costs are $350000 and net income is $100000. What should be reported as variable expenses in the CVP income statement?
Answer:
Variable expenses = $50,000
Explanation:
Given:
Sales price = 50,000 x $10 = $500,000
Fixed costs = $350,000
Net income = $100,000
Find:
Variable expenses
Computation:
Variable expenses = Sales price - Fixed costs - Net income
Variable expenses = $500,000 - $350,000 - $100,000
Variable expenses = $50,000
On October 1, 2020, Waterway Inc. assigns $1,900,000 of its accounts receivable to Ottawa National Bank as collateral for a $1,114,000 note. The bank assesses a finance charge of 2% of the receivables assigned and interest on the note of 6%. Prepare the October 1 journal entries for both Waterway and Ottawa
Answer:
Journal Entries
Waterway Inc.
October 1
Dr. Cash $1,076,000
Dr. Interest Expense $38,000
Cr. Note payable $1,114,000
Ottawa National Bank
October 1
Dr. Note Receivable $1,114,000
Cr. Interest revenue $38,000
Cr. Cash $1,076,000
Explanation:
Interest = $1,900,000 x 2% = $38,000
At the time of assigning the account receivable the finance charges is applicable the interest on the loan note will be recorded when it accrues. Interest expense as finance charges will be added to calculate the Note payable value for Waterway Inc. and Note receivable value for Ottawa National Bank.
Suppose the economy is initially in long-run equilibrium and producing at the full employment level of output. Then, a giant storm temporarily shuts down all shipping routes in the Atlantic Ocean. In the short run, the_______ will shift ______ .
a. SRAS curve
b. right SRAS curve
c. left LRAS curve
d. right LRAS curve
e. left AD curve
Answer: SRAS curve; Left
Explanation:
In the short run, the Short Run Aggregate Supply Curve will shift to the left to show that supply has now reduced as all the shipping routes have been shut down on account of the storm and nothing can cross.
This will change the price of goods and services in the economy as things will become more expensive due to the short term scarcity caused by the shipping halt.
Disagreement about an employee’s performance as perceived by different sources is ____________ a problem.
Answer:
AY YO
Explanation:
Discuss the need for change for the company in the scenario using either the systems contingency model or the organizational life cycle model
Answer: This various phases helps the growth of organizations at some point or the other
Explanation:
The need for a change in the company scenario in her contingency plan looks at how the company can improve in the ways they've been carrying out her activities compared to before. Here are the following stages to this model;
1)Growth through being creative; this is the initial phase of the organization with an informal and young structure.
2) Growth through leadership; this phase has to deal with the structure of the organization and how various department and professionals function
3 Growth by delegation; This phase looks at responsibility on sectional heads of the organization performing to accomplish goals.
4)Growth through coordination- This phase involves making use of inventory tracking systems
5) Growth through collaboration- this phase looks at an organization to being flexible in relation to the previous phase.
The role of the 12 Federal Reserve banks is to:
A. establish new Federal Reserve districts.
B. appoint the Federal Reserve Board of Governors.
C. set monetary policy for the United States
D. enforce federal rules on member banks.
Answer: D - Enforce federal rules on member banks
Explanation:
Just took the test
The role of the 12 Federal Reserve is to enforce federal rules on member banks. hence, Option D is correct.
What do you know about Federal Reserve?The United States of America's central banking system is called the Federal Reserve System.
The creation of Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized power in the monetary system to prevent financial crises following a string of financial panics.
hence, The role of the 12 Federal Reserve is to enforce federal rules on member banks. Option D is correct.
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On January 1, Sustainable Energy Corporation issues bonds that have a $100,000 par value, mature in 8 years, and pay 12% interest per year. Interest payments are paid to bondholders semiannually on June 30 and December 31. How much interest does Sustainable Energy Corporation pay to bondholders every six months if the bonds are sold at par?
a. $1,200
b. $3,000
c. $6,000
d. $12,000
e. $100,000
Answer:
c. $6,000
Explanation:
The semiannual interest payable to bondholders every six months is computed using the semiannual coupon payment formula below:
semiannual coupon payment=face value*coupon rate*6/12
face value of the bonds=$100,000
coupon rate=12%
6/12 symbolizes a six-month payment
semiannual coupon payment=$100,000*12%*6/12
semiannual coupon payment=$100,000*6%
semiannual coupon payment=$6,000
The $6,000 would be every 30 June and 31 December for 8 years during the bonds' life
A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360 days a year.)
Answer: $500
Explanation:
Interest for the period = Amount borrowed * Interest rate * 120/360 days
= 15,000 * 10% * 120/360
= $500
While Sally is still a minor, she wrecks the car she purchased from Bally. Can she still disaffirm the contract? Must she return Bally to?
Answer:
If Sally is still a minor, she can disaffirm the contract and return the car to Bally. Contracts involving minors are not legally binding unless the minor reaffirms them once he/she is an adult or a parent also signs the contract.
In this case, Sally's contract is voidable by her and if she chooses to, she is able to void it. What happens after she returns the car depends on the state. Some state laws force Bally to return the money even if the car is wrecked. Other states have laws that require minors to return goods in good shape, and in this case, would allow Bally to deduct any repair expenses from the money he needs to return to Sally.
Renata works at a retail store in the mall. She has recently been promoted and is now in charge of opening and closing the store, which involves handling money. After counting the money from the register at the end of the day, she comes up with an extra $25 that somehow wasn't accounted for. Since the money isn't officially recorded, she wonders whether it would be okay to take the money or whether she should put the money in the bank and explain the situation to her boss in the morning. She decides that she deserves the extra money for her hard work and pockets the $25. Which of the following describes Renata's actions?
A.
Conflict of interest
B.
Ethical lapse
C.
Whistle-blowing
D.
Identity theft
E.
Ethical dilemma
In what ways do different ideologies and political systems influence the environment in which MNCs operate?
Answer:
meant to cover all aspects of the society organized as a political ent called the state ... the influence the ideological "infrastructure" exerts on the latters' institu- tions and ... both of them make use, to a large extent, of identical political institutions ... reveal the different approaches and modes of thinking of various periods.
Explanation:
1. Consider an economy with a population of 100,000 households. 60 percent of households reportan annual income of $25,000 ("low earners"), 30 percent of households report an annual incomeof $70,000 ("mid earners"), and 10 percent report an annual income of $110,000 ("high earners").(a)[2 pts]What is the total income earned by households in this economy?
Answer:
The total income earned by households in this economy is:
$4,700,000,000
Explanation:
a) Data and Calculations:
Household population = 100,000
Low earners = 60% with annual income of $25,000 each
Mid earners = 30% with annual income of $70,000 each
High earners = 10% with annual income of $110,000 each
60% of the population = 60,000 (100,000 * 60%) households
30% of the population = 30,000 (100,000 * 30%) households
10% of the population = 10,000 (100,000 * 10%) households
Total income earned by the households:
Low earners = 60,000 * $25,000 = $1,500,000,000
Mid earners = 30,000 * $70,000 = 2,100,000,000
High earners = 10,000 * $110,000 = 1,100,000,000
Total income earned in the economy $4,700,000,000