Answer:
Hub and spoke system
Explanation:
Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.
They aim to reduce warehousing cost for small and medium scale businesses.
In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.
It is also called the master feeder structure.
Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.
This system reduces the travel time and therefore is more efficient with lower cost
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.
WGU manufacturing receives an order for 2000 laptops. Karl, the production planner, realizes the company has no planned orders and has 1500 laptops on-hand. However, Karl has to keep a minimum of 1000 laptops on-hand at all times. Based on this information, what will the MPS reflect for the number of laptops to be produced?
Answer:
500
Explanation:
The computation of the MPS reflect for the number of laptops to be produced is shown below:
since it is mentioned in the question that there is a minimum of 1,000 laptop is on hand so here 500 should from inventory.
Therefore 500 should be produced for filling the order
Hence, the same is to be considered
Therefore the number of laptops to be produced is 500
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:
Blossom provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation $1,400 per month
Advertising $200 per month
Insurance $3,680 per month
Weed and feed materials $13 per lawn
Direct labor $16 per lawn
Fuel $3 per lawn
Blossom charges $80 per treatment for the average single-family lawn.
Required:
Determine the company.
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
Say the reserve requirement is 20 percent. If you pay back a loan of $10,000 a bank had previously made to you, the act of paying back the loan:_______
a. adds $10,000 in bank reserves.
b. eliminates $2,000 in bank reserves.
c. eliminates $10,000 in bank reserves.
d. adds S2,000 in bank reserves.
Answer:
a. adds $10,000 in bank reserves.
Explanation:
Given that
Reserve requirement is 20%
Now if you want to pay back the loan of $10,000 so here the act of paying back the loan is that the amount of loan i.e. $10,00 would get added to the bank reserves
Therefore as per the given situation, the option a is correct
And, the same is to be considered
Thus, all the other options are incorrect
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
The Susan Hansen Group in St. George, Utah, sells $16,000,000 of single-family homes and townhomes a year. If single-family homes, with an average selling price of $250,000, sell 3.5 times more often than townhomes, with an average selling price of $190,000, how many of each are sold?
Answer:
52.605 family homes are sold
Explanation:
Let townhomes be x. The selling price is x(190,000). Family home has 3.5, more often than townhomes is 3.5x. The selling price is 3.5x(250,000). A year of single family homes and townhome are sells 16,000,000
3.5x(250,000) =x(190,000) = 16,000,000
875,000x + 190,000x = 16,000,000
1,065,000x = 16,000,000
x = 16,000,000 / 1,065,000
x = 15.03
So, 15.03 townhomes are sold
Hence, the family homes is 3.5x
3.5x = 3.5(15.03)
= 52.605
Therefore, 52.605 family homes are sold
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.
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
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.
Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.
Answer:
The long and short-term consequences of not promoting equality or working to reduce poverty are:
1. the poverty gap widens, causing many more of the population to become poor while a few become richer.
2. extreme poverty becomes the norm, thereby hampering societal progress.
3. discrimination and social classes become oppressive.
Explanation:
Economic equality describes a situation that ensures that every individual in a society has an equal economic opportunity to make the most of their lives and talents by having some access to resources. Equality reduces discrimination among certain groups of the population, especially those with protected characteristics such as race, disability, sex, and sexual orientation. It ensures the fair distribution of natural resources among the population, according to their individual needs and capacity. It does not mean sameness in social or economic status.
The following are the long and short-term implications of failing to promote equality or act to alleviate poverty:
1. The wealth disparity increases, forcing many more people to fall into poverty while a few get wealthier.
2. Extreme poverty has now become the norm, stifling societal advancement.
3. Social stratification and inequality become oppressive.
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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:
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
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
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
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
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
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.
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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Disagreement about an employee’s performance as perceived by different sources is ____________ a problem.
Answer:
AY YO
Explanation:
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.
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.
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.
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:
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.
A machine which cost $400,000 is acquired on January 1, 2017. Its estimated salvage value is $100,000 and its expected life is five years.
Required:
Calculate depreciation expense and complete the following schedules for 2017 and 2018 for each of the following methods.
A. Straight Line Depreciation
B. Sum of the Years Digits
Answer and Explanation:
The computation of the depreciation expense for 2017 and 2018 under the following methods
a. Straight-line method
= (Purchase cost - residual value) ÷ (estimated life)
= ($400,000 - $100,000) ÷ (5 years)
= $60,000
Since the depreciation expense under this method would remain the same for the remaining useful life
So for 2017 and 2018, the depreciation expense i.e. $60,000 would be charged every year.
b. Under the sum-of-the-year-digits method
For 2017,
= ($400,000 - $100,000) × 5 years ÷ ( 5 + 4 + 3 + 2 + 1)
= $300,000 × 5 years ÷ 15 years
= $100,000
For 2018, the book value is
= $400,000 - $100,000
The $100,000 is the depreciation expense of 2017 year
= $300,000 × 4 ÷ 15
= $80,000
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.
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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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.
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