JFFC's investment account will have a total value of $26,772 when they are ready to invest in the machinery in 4 years from now.
What will be the total value of their account when they are ready to invest in the machinery?To calculate the total value of JFFC's investment account, we need to consider the following:The initial deposit of $5,300The additional deposit of $7,100 todayThe final deposit of $9,300 next yearThe interest earned on the investmentInitial Deposit:JFFC deposited $5,300 into the investment account a year ago.Additional deposit today:JFFC is depositing an additional $7,100 into the account today.Final deposit next year:JFFC will make a final deposit of $9,300 next year.Interest earned on the investment:The investment account earns 8% interest per year.The investment has been active for 1 year already, and JFFC plans to spend the money in 4 years from now.This means the investment will earn interest for another 3 years.Initial deposit + additional deposit + final deposit = $5,300 + $7,100 + $9,300 = $21,700Total interest earned = ($21,700 x 8%) x 3 = $5,072Final total = $21,700 + $5,072 = $26,772JFFC's investment account will have a total value of $26,772 when they are ready to invest in the machinery in 4 years from now.To learn more about investment refer:
brainly.com/question/27717275
#SPJ4
a company plans to manufacture a rectangular container with a square base, an open top, and a volume of 214 cm3. the cost of the material for the base is 0.3 cents per square centimeter, and the cost of the material for the sides is 0.5 cents per square centimeter. determine the dimensions of the container that will minimize the cost of manufacturing it. what is the minimum cost?
The dimensions of the container that will minimize the cost of manufacturing it is 8.94 cm x 8.94 cm x 2.68 cm. Its minimum cost will be 71.85 cents.
The formula for the volume of a rectangular box is given by:
V = A . h
Where:
A = area of the base
h = height.
Since the base is a square, then the volume is:
V = x² . h
Where x = the sides of the base.
Hence,
214 = x² . h
h = 214 / x²
The surface area of the containers consists of:
base area = x²
side's area = 4 xh = 4x . 214 / x² = 856/x
The cost function (in cents), then:
C(x) = 0.3 x² + 0.5 (856/x)
C(x) = 0.3 x² + 428/x
The minimum cost occurs when C'(x) = 0. Hence,
C'(x) = 0.6 x - 428 / x² = 0
0.6 x = 428 / x²
x³ = 713.33
x = 8.94 cm
Thus, the height of the container is:
h = 214 / x²
h = 214 / 8.94² = 2.68 cm
The dimension of the rectangular container: 8.94 cm x 8.94 cm x 2.68 cm.
The minimum cost is:
C(min) = C(8.94)
C(min) = 0.3 (8.94)² + 428/8.94 = 71.85 cents.
Learn more about cost here:
https://brainly.com/question/27060649
#SPJ4
a. discuss options and considerations for transporting the product described in the scenario to the retail facilities by doing the following: 1. identify two different product packaging options and explain why you chose them. 2. identify two different potential risks to consider when storing your product and describe how you will mitigate each risk. 3. describe two transportation modes to move your product from the manufacturer to the retail facilities. then explain an advantage and a disadvantage of each chosen transportation mode. 4. describe two different characteristics of the transportation management system (tms) that will aid in transporting the product.
A. Options and considerations for transporting the product to retail facilities:
Product packaging options:
a. Corrugated cardboard boxes - These are lightweight and cost-effective, making them an ideal choice for bulk shipments. The boxes can be easily stacked and transported, reducing the risk of damage to the product.
b. Plastic containers - Plastic containers offer a high level of protection for fragile products, making them an ideal choice for delicate or easily breakable products. Plastic containers are also waterproof and can protect the product from moisture damage.
Risks to consider when storing the product:
a. Environmental risks - Exposure to extreme temperatures, humidity, and other environmental factors can damage the product. To mitigate this risk, the product should be stored in a temperature-controlled facility.
b. Physical damage - The product may be damaged during storage, transportation, or handling. To mitigate this risk, the product should be packaged in a manner that provides adequate protection and handling instructions should be clearly marked.
Transportation modes:
a. Truck transport - This is a common transportation mode that offers a flexible and cost-effective solution. An advantage of truck transport is that it allows for direct delivery to the retail facilities and provides the ability to transport a large volume of product at one time. A disadvantage is that it may be subject to delays due to traffic congestion or road conditions.
b. Rail transport - This is a more efficient and cost-effective solution for longer distances. An advantage of rail transport is that it offers a more predictable delivery schedule and is less subject to traffic delays. A disadvantage is that it may require transloading at various rail hubs, which could increase the risk of damage to the product.
Characteristics of the transportation management system (TMS) that will aid in transporting the product:
a. Route optimization - A TMS can help determine the most efficient and cost-effective route for transporting the product, reducing transportation costs and minimizing the risk of damage to the product.
b. Real-time tracking - A TMS provides real-time tracking of the product during transportation, enabling the team to quickly respond to any issues that may arise and minimize the risk of product loss or damage.
In conclusion, when transporting a product, it is important to consider factors such as packaging, storage, transportation mode, and TMS capabilities. By carefully considering these factors and selecting the best options for your product, you can ensure that your product arrives at the retail facilities in a timely and cost-effective manner, with minimal risk of damage or loss.
To know more about transporting: https://brainly.com/question/29851765
#SPJ4
The option and considerations for transporting the product described in the scenerio to the retail facilities.
1. Product Packaging option.
a) Secondary packaging:
This type of packaging will create a stock-keeping unit. These will help in the protection of the supply. It will also help in the labeling of certain items for simpler identification of items.
b) Tertiary packaging:
Tertiary or bulk/transit packaging is useful when the items are larger. It helps to transport the items from one point to another. (Production facility-sale). It also helps with the handling and storage capabilities of the goods. This is highly beneficial for shipping.
2. Two potential risks:
a) One risk is that the wood items will get destroyed due to insects such as termites. It is important to constantly be on the lookout for termites as well as treat the storage units for termites to make sure that there are no spreads. Treating the facilities for termites avoids any future troubles with the pests
b) Another potential risk is that the moisture and temperature in the storage unit are not set according to standards. Items such as a dehumidifier & adding a thermostat can assist with making sure the atmosphere is temperature controlled for the wooden pieces. .
3. Two transportation modes
a) Air:
One way to transport the product from the manufacturer to the retail facilities is via plane. Chances are that by air the product will arrive much faster than traditional shipping. One disadvantage is that air methods are limited. Items shipped via air are often more expensive than traditional vehicular shipping, therefore presenting another con.
b) Vehicle:
Another way to transport the items is via truck or vehicle. The advantage of this method is that it is often more cost-effective as well as readily available. A disadvantage is a time that it will take to have the items delivered. This is more useful if the items are being delivered nationwide only.
4. Two different characteristics of the transportation management system (TMS)
a)Load and route optimization: This feature aids in assisting the company with the best routes possible.
b)Real-time track and trace: This feature allows for the items to be tracked and traced.
Know more about Transportation here:
https://brainly.com/question/29759743
#SPJ4
an account that reduces a related account on a financial statement.
An account used in a general ledger to lower the value of a connected account is called a contra account.
They can be used to report a decrease or write-down in a different contra account that nets to the current book value while maintaining the historical value in the main account. On the same financial statement as the associated account, contra accounts are displayed, usually immediately beneath it with a third line for the net amount.
To maintain accurate financial accounting records, it should be noted that accountants employ contra accounts rather than immediately reducing the value of the original account. Accumulated depreciation and the provision for questionable accounts are two prominent instances of contra accounts. Contra asset, contra liability, contra equity, and contra are the four main categories of contra accounts.
Learn more about financial Visit: brainly.com/question/989344
#SPJ4
Of the following strategies to decrease the landfill volume of packaging material from food and other consumer products, the most energy efficient is
Of the following strategies to decrease the landfill volume of packaging material from food and other consumer products, the most energy efficient is promoting the use of reusable containers for consumer goods.
There are several methods for reducing the amount of packaging used to package food and other consumer goods, but it is difficult to say which is the most energy-efficient because it depends on a number of variables, including the type of packaging, the manufacturing process, and the waste management system. Among the techniques are:
packaging that is less in weight because to the use of thinner materials.Designing packaging that may be readily recycled or composted is known as "design for recyclability."increased usage of recycled content: making packaging from recycled materials.Alternative materials are those that can be composted or biodegraded in place of conventional materials.Systems for reuse and refilling packaging: constructing reusable or refillable containers.Reducing the quantity of packing material utilized through effective design and optimization is known as source reduction.For such more question on material:
brainly.com/question/14225273
#SPJ4
Of the following strategies to decrease the landfill volume of packaging material from food and other consumer products, the most energy efficient is
a)Recovering plastic packaging material from the waste stream and recycling it
b)Recovering metal packaging material from the waste stream and recycling it
c)Limiting the size of individual beverage containers made from metal, glass, or plastic.
d)Using more packaging materials that are manufactured from raw materials that are renewable.
e)Promoting the use of reusable containers for consumer goods
Critically evaluate the auditors’ statements about the inventory and receivables with respect to generally accepted auditing standards and the firm’s ethical responsibilities.
Kay & Lee LLP was retained as the auditor for Holligan Industries to audit the financial statements required by prospective banks as a prerequisite to extending a loan to the client. The auditor knows whichever bank lends money to the client is likely to rely on the audited statements. After the audit report is issued, the bank that ultimately made the loan discovers that the client’s inventory and accounts receivable were overstated. The client subsequently went bankrupt and defaulted on the loan. The bank alleged that the auditor failed to communicate about the inadequacy of the client’s internal recordkeeping and inventory control. Moreover, the bank claims that the auditors were grossly negligent in not discovering the overvaluation of inventory and accounts receivable.
The auditors asserted that there was no way for them to know that the client included in the inventory account $1 million of merchandise in transit to a customer on December 31, 2015. The shipping terms were unclear so the auditors accepted management’s representations in that regard (FOB Destination). As for the receivables, the auditors claimed the client falsified confirmations by sending them to a post office address, retrieving them, and then confirming the stated balances.
In the scenario described, the auditors at Kay & Lee LLP have been retained to audit the financial statements of Holligan Industries for the purpose of securing a loan from a prospective bank. The bank later discovers that the client's inventory and accounts receivable were overstated, leading to the client's bankruptcy and default on the loan.
With respect to generally accepted auditing standards (GAAS), the auditors have a responsibility to obtain sufficient evidence to support their audit opinions and to communicate any material misstatements they identify.
This includes having an understanding of the client's internal controls, as well as conducting substantive audit procedures such as testing inventory and accounts receivable balances.
To read more about auditors, visit-
https://brainly.com/question/28457117
#SPJ11
keynes was motivated to create a macroeconomic theory different from classical theory because
Keynes was motivated to create a macroeconomic theory different from classical theory because he recognized the importance of aggregate demand, which is the total demand for goods and services in an economy.
John Maynard Keynes was a British economist who is widely regarded as one of the most influential economists of the 20th century. Keynes is best known for his macroeconomic theory, which was a departure from the classical economic theory that was dominant at the time.
Classical theory, which was developed during the 18th and 19th centuries, held that markets were naturally self-correcting and that economies would return to full employment and stable growth on their own. However, Keynes saw the real-world effects of the Great Depression and was motivated to create a macroeconomic theory that could better explain and address the economic challenges of the time.
Keynes's theory, which he developed in his book "The General Theory of Employment, Interest and Money," argued that markets were not always self-correcting and that government intervention was necessary to stabilize the economy during times of recession and high unemployment. Keynes believed that government spending, particularly during times of economic downturn, could stimulate demand and help to boost the economy.
Keynes argued that during times of economic recession, aggregate demand would decrease, which would lead to lower economic growth and higher unemployment. Keynes believed that government intervention was necessary to stimulate aggregate demand and restore economic growth.
To know more about macroeconomic theory refer to-
brainly.com/question/30410878#
#SPJ11
Changes in inventories are included as part of investment spending because?
Changes in inventories are included as part of investment spending because Anything the company produces that is not sold during the accounting period is the company's investment.
Any inventory that the Company may hold is expected to be utilized by the Company.
An example of this is the iron plate that the company uses to construct a new factory building, or the box of toiletries on a supermarket shelf, which is both an asset of the company and an investment of the company.
An investment uses current capital to increase its value over time.
Investing requires investing capital in the form of time, money, effort, etc. in the hope that the future return will be greater than the initial investment.
Investment refers to any medium or mechanism used to generate future income, such as bonds, stocks, real estate, and alternative investments.
To learn more about investment, here:
https://brainly.com/question/15353704
#SPJ4
Which of the following does not accurately describe grantor trusts?...Grantor trust treated as if the property is 100% owned by the grantor are treated similarly to single member LLC disregarded entities for income tax purposesThe items of income and deduction allocable to the grantor under these rules are reported as if earned/paid directly by the grantor on their form 1040To be treated as a grantor trust, the person taxed as the grantor must have the right to withdraw assets from the trustEven though assets are treated as owned by the grantor for income tax purposes, they may not be treated as part of the grantor's estate
Option 4: "Even if assets are recognized as held by the grantor for income tax purposes, they may not be treated as part of the grantor's estate" is an inaccurate description.
of a grantor trust feature. For estate tax reasons, assets maintained in a grantor trust are normally regarded to be part of the grantor's estate. Grantor trust treated as if the property is 100% owned by the grantor are treated similarly to single member LLC disregarded entities for income tax purposesThe items of income and deduction allocable to the grantor under these rules are reported as if earned/paid directly by the grantor on their form 1040To be treated as a grantor trust, the person taxed as the grantor must have the right to withdraw assets from the trustEven though assets are treated as owned by the grantor for income tax purposes, they may not be treated as part of the grantor's estate
learn more about tax here:
https://brainly.com/question/16423331
#SPJ4
Which of the following is most consistent with economizing behavior? If you derive the same satisfaction from eating pizza and eating ice cream, it makes no difference which one of the two you choose. Before voting, you should invest the time and energy to become fully informed on all of the issues and candidates. It never makes sense to hire someone to do something for you that you could do yourself. If you get the same satisfaction from a chicken sandwich and a salad, you should purchase the one that costs the least.
If you derive the same satisfaction from eating pizza and eating ice cream, it makes no difference which one of the two you choose. This is most consistent with economizing behavior.
Changes in the personal benefits and costs associated with an activity will exert a predictable influence on the economizing behavior of both those who are selfish and those who are unselfish.Production and consumption and capital formation are called the basic economic activities of an economy.Even if you know how to paint, hiring someone to do the job is consistent with economizing behavior, if your opportunity cost is high enough.
To learn more on economizing behavior, visit:
https://brainly.com/question/1629738
#SPJ4
For whom is a responsible driver responsible?
A responsible driver is responsible for the safety of themselves and their passengers
What is the response of responsible driver?A responsible driver must ensure that they and their passengers are properly restrained, and that the vehicle is in good condition and equipped with the necessary safety features.Other road users: A responsible driver must respect the rights of other road users, such as pedestrians, cyclists, and other drivers, and must take appropriate action to avoid collisions.The condition of their vehicle: A responsible driver must ensure that their vehicle is in good condition, with properly inflated tires, functioning brakes and lights, and a clean and clear windscreen.Following traffic laws and regulations: A responsible driver must obey all traffic laws and regulations, including speed limits, traffic signals, and signage.Avoiding distractions: A responsible driver must avoid distractions, such as texting, eating, or using their phone, while driving.Being aware of road conditions: A responsible driver must be aware of changing road conditions, such as weather, roadwork, and traffic congestion, and must adjust their driving accordingly.By following these guidelines, a responsible driver can help ensure the safety of themselves and others on the road.To learn more about driver responsibility refer:
brainly.com/question/16813926
#SPJ4
one of the oldest documented hugs was found in a tomb near mantua, in what present-day country?
The Correct option is B. The one of oldest documented hugs was found in a tomb near Mantua, in present-day Italy.
Italy is a country located in Southern Europe and is considered one of the most beautiful and culturally rich nations in the world. With a long and storied history, Italy is home to numerous iconic landmarks and cities, including the Colosseum in Rome, the Leaning Tower of Pisa, and the canals of Venice.
Italy is famous for its cuisine, which includes pasta dishes, pizza, and gelato. It is also known for its contributions to the arts, including masterpieces of Renaissance painting and sculpture, and for its fashion and design. The country has a diverse landscape, ranging from the snow-capped peaks of the Dolomites to the sunny beaches of Sardinia and Sicily. Italy is also a popular tourist destination, attracting millions of visitors each year with its rich culture, history, and natural beauty.
To learn more about Italy visit here:
brainly.com/question/14294305
#SPJ4
Complete Question:
one of the oldest documented hugs was found in a tomb near mantua, in what present-day country?
A). Egypt
B). Italy
C). Iraq
music company is considering investing in a new project. the project will need an initial investment of $2,400,000 and will generate $1,200,000 (after-tax) cash flows for three years. calculate the npv for the project if the cost of capital is 15 percent.
$339,870 is the NPV for the project if the cost of capital is 15 percent.
What is the cost of capital?
The cost of capital is the minimum return a business must achieve to be able to justify investing in a capital budgeting project, like constructing a new factory.
Analysts and investors refer to the cost of capital, but it is always an assessment of whether the costs associated with a planned choice can be justified. A comparison of an investment's prospective return to its cost and hazards is another way that investors may use the phrase.
To finance corporate growth, many businesses combine debt and equity. For such businesses, the weighted average cost of all capital sources is used to calculate the overall cost of capital. The weighted average cost of capital is this (WACC).
[tex]NPV= \frac{Cash flow}{(1+i) ^{t} } - initial investment[/tex]
where:
Required return percent or discount rate, i
Number of time intervals, t
[tex]NPV= [\frac{1,200,000}{(1.15)^2}] + [\frac{1,200,000}{(1.15)^3}] -2,400,000\\\\=339,870[/tex]
To learn more about cost of capital visit;
https://brainly.com/question/16031467
#SPJ4
The 'gravity' that draws economic activity into a cluster is:
a. common laws and regulations.
b. common language.
c. cost of land.
d. streets.
e. demand for access or proximity.
The 'gravity' that draws economic activity into a cluster is demand for access or proximity.
What is economic activities ?
When resources like labor, manufacturing processes, capital goods, and intermediary items are combined to create a particular good or service, such activity is considered to be economic in nature.
As a result, the characteristics of an economic activity are an input of resources, a production process, and an output of products (goods or services).
What are the different sorts of economic activity?
The primary goal is to make money. The following are the economic activities: These are mostly engaged in the extraction of natural resources.
They include the processing of raw materials and are referred to as secondary activity. Services are involved in tertiary activity, which includes these.
Learn more about economic activities
brainly.com/question/1155001
#SPJ4
you are trying to identify and document high-level risks, assumptions, and constraints to pinpoint project limitations. you have interviewed key stakeholders that have expertise in this area and looked at the current environment. which other activity should you perform to complete your task? answers a. review the high-level scope statement b. access the corporate knowledge base c. assess current government and industry standards d. examine your organizational structure and culture
Option b: Access the company knowledge base. other activity should you perform to complete your task Access the company knowledge base.
Your company's corporate knowledge base includes historical and empirical knowledge bases. I would like to visit these knowledge bases to find information about previous projects.
In particular, it should display information about past project selection decisions, their performance, and risk management information.
This allows you to broadly identify and document additional risks, assumptions, and limitations for your project.
It is important to document all known assumptions and limitations that affect your project. This allows them to be factored into the evaluation of whether the project should proceed.
It also helps in more detailed planning of the project after the approved steps. The prerequisites for approving or rejecting a project are basic and helpful, so it's important to document them carefully.
For example, assumptions can be made about market conditions, technology and resource availability, the future state of financial markets, and the demand for leveraging project outcomes.
Each of these assumptions is critical to project approval and planning.
It is also important to document the known constraints (time, cost, quality, scope, etc.) at the start of the task so that the feasibility of the project can be assessed and used as a basis for more detailed planning.
To learn more about stakeholders, here:
https://brainly.com/question/30259812
#SPJ4
Net exports will be positive if ______.
a. import > export
b. export > import
c. export = import
d. export = zero
Answer:
c. export = import is the answer
Net exports will be positive if export > import. So option b export > import is the correct option.
How are net exports defined?A country's net export is the difference between its total imports and total exports, expressed as a percentage. In calculating an economy's gross domestic product, net export plays a significant role.
What does net exports in GNP mean?What a nation exports less any imports of goods and services is what is considered to as its net exports. The gross national product (GNP) as well as the gross domestic product (GDP), two other crucial economic indicators, are related. The first measures all output produced inside a nation's territory regardless of who owns the manufacturing equipment.
To know more about net export visit:
https://brainly.com/question/16905557
#SPJ4
What time does ClassID 24, Intense Cycle, begin?a. 2 pmb. 1 pmc. 12 pmd. 10 am
It is clear that the Class Id 24 of Intense Cycle time does not start at 2 pm.
The age and model of your dishwasher are important factors in how long a typical cycle takes. It is typical for a cycle to last two hours or longer.
Modern dishwashers typically run for longer than older ones do during their standard cycles. This is due to the energy-efficient design of contemporary machinery. Longer cycles tend to use water and energy more effectively, despite the fact that this may seem counterintuitive.
What could possibly be better than a machine that does our dishwashing? The dishwasher gives us shiny clean cutlery and sparkling plates at the touch of a button, eliminating the need for us to scrub using our own strength
To know more about product cycle here
https://brainly.com/question/29406682
#SPJ4
What time does ClassID 24, Intense Cycle, begin?
a. 2 pm
b. 1 pm
c. 12 pm
d. 10 am
a businessperson is returning from a trip to china and has 337.54 yuan in their wallet. the most current currency conversion rate is 1 u.s. dollar:6.4651 yuan. how much money will the businessperson have when they convert their money to u.s. dollars?
The money, business people have when they convert their money to u.s. dollars is $52.21.
What is Currency?A currency is the standardization of money, including banknotes and coins, that is used or in circulation as a means of exchange. A currency can also be defined more broadly as a system of money that has often been used over time within a particular setting, particularly by residents of a country state.
The dollar is strengthening, and the yuan is falling as the dollar-to yuan exchange rate increases. More yuan can be purchased with a higher dollar.
One of the most closely followed currency rates is the one between the dollar and the yuan. This is because the economies of these two nations are the biggest in the world.
Therefore, When a business person converts their money to u.s. dollars he has $52.21.
Learn more about Currency, here;
https://brainly.com/question/14372075
#SPJ1
for teaching hospitals, the services of the residents are paid through what type of payments? a. direct graduate medical education (dgme) payment b. indirect medical education (ime) payment c. reasonable cost payments through part a d. all the above
For teaching hospitals, the services of the residents are paid through direct graduate medical education (dgme) type of payments.
What is dgme?A methodology is established for calculating payments to hospitals for the costs of approved direct graduate medical education (DGME) programmes in Section 1886(h) of the Act, as amended by Section 9202 of the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 (Pub. L. 99-272), which was added to the Act.
This methodology is implemented in regulations at existing Sections 413.75 through 413.83. A hospital's base-period per resident amount (PRA) is calculated by dividing a hospital's allowable GME costs for a base period by the number of residents in the base period, according to the payment methodology outlined in Section 1886(h)(2) of the Act, which was added by COBRA.
Learn more about COBRA
https://brainly.com/question/28265119
#SPJ4
action company sells bond investments classified as trading securities for $99,000. the face amount is $100,000; unamortized discount is $2,000. what must be included in the journal entry to record the sale? (select all that apply.)
The following must be included in the journal entry:
Debit to the trading securities accountCredit to the cash accountDebit to the discount on bonds payable accountCredit to the gain on sale of securities account
What is a journal entry?
In a company's accounting records, a journal entry is a record of financial transactions that contains the debit and credit amounts for each transaction as well as the accounts impacted. It is the initial phase of the accounting cycle and is used to record and monitor a business's financial activity. For additional analysis and reporting, the journal entries are subsequently moved to a general ledger. Journal entries are a tool used in accounting to systematically and orderly record transactions and update a company's financial records. Journal entries are significant for a variety of reasons, such as:
To keep a precise record of financial transactions, journal entries offer a concise and thorough account of each transaction, making it simpler to monitor a company's financial performance over time. To make sure accounting standards are followed: Journal entry recording assists in ensuring that a business adheres to generally accepted accounting principles (GAAP) and other financial reporting criteria. To make the process of creating financial statements easier: Financial statements for an organisation, such as the balance sheet, income statement, and cash flow statement, are created based on the journal entries. In order to aid in decision-making: Journal entries can help support well-informed business choices by giving an accurate and current view of a company's financial status.
The dependability and correctness of a company's financial records are often ensured through journal entries, which are an essential part of the accounting process.
To learn more about journal entry from the given link
https://brainly.com/question/28390337
#SPJ4
action company sells bond investments classified as trading securities for $99,000. the face amount is $100,000; unamortized discount is $2,000. what must be included in the journal entry to record the sale? (select all that apply.)
many restaurants have standards for service performance. such standards help the restaurants ___ the variability of services
Many restaurants have standards for service performance such standards help the restaurants to increase the variability of services.
Service variability can be defined as variations in the quality of the same service offered by different providers. The changes depend on the type of service, who provides the service, the season in which it is offered, and how the service is delivered. Service variability is one of the most important aspects that distinguish service-oriented organizations from product-oriented ones. Human involvement in service delivery means that no two services are exactly the same for him, so they are variable. For example, multiple visits to the same shop for car repairs may result in different customer satisfaction and work rates.
One of the four characteristics (including indivisibility, immateriality, and non- permanence) that characterize a service. Variability expresses the idea that the standard or quality of service can vary from provider to provider or from case to case. Also called heterogeneity.
Learn more about Service:
https://brainly.com/question/29979103
#SPJ4
you purchase 700 shares of 2nd chance co. stock on margin at a price of $46. your broker requires you to deposit $16,500. a. suppose you sell the stock at a price of $52. what is your return? what would your return have been had you purchased the stock without margin? (do not round intermediate calculations. enter your answers as a percent rounded to 2 decimal places.)
While selling the stock at a price of $52, the return will be 26.80%. Whereas, the return if the stock had been purchased without margin would be 13.04%.
When you purchase the stock on margin, you are borrowing money from your broker to buy the stock. The amount of money you borrow is equal to the purchase price minus the amount you deposit, which is $46 X 700 = $32,200 - $16,500 = $15,700.
If you sell the stock at a price of $52, your total sales will be $52 X 700 = $36,400. Your profit from the sale will be $36,400 - $32,200 = $4,200.
To calculate your return on the margin, you need to divide your profit by the amount you borrowed and then multiply by 100 to get a percentage. Your return on the margin will be ($4,200 / $15,700) X 100 = 26.80%.
If you had purchased the stock without margin, your return would have been ($4,200 / $32,200) X 100 = 13.04%.
To read more about stock, visit https://brainly.com/question/24239991
#SPJ4
fill in the blank. ____responsibility holds that companies have a simple duty: to maximize profits for their owners or stockholders. (enter one word in the blank.)
profit responsibility holds that companies have a simple duty: to maximize profits for their owners or stockholders.
In economics, profit is defined as the difference between the revenue a given economic institution generates from its products and the total of its input expenses. Total revenue less total costs, which includes both direct and indirect expenses, is what it amounts to.
It differs from accounting profit in that the latter only applies to costs that are clearly listed on a company's financial statements. Accounting profit is determined by deducting all explicit expenditures from the company's total revenue. An economist considers all costs, both explicit and implicit, while analysing a firm. Therefore, economic profit is lower than accounting profit.
Along with traditional profit, economic profit is frequently taken into account.
learn more about profit here
https://brainly.com/question/15699405
#SPJ4
an organization that is skilled at creating, acquiring, and transferring knowledge and at modifying its behavior to reflect new knowledge and insights
A learning organization is an organization talented at making, gaining, and moving information, and at changing its behavior to reflect new information and insights.
This definition starts with a straightforward truth: novel thoughts are fundamental on the off chance that learning is to happen. Now and again they are made once more, through glimmers of understanding or imagination; at different times they show up from outside the organization or are communicated by learned insiders. Anything that their source, these thoughts are the trigger for organizational improvement. Be that as it may, they can't without anyone else make a learning organization. Without going with changes in the manner that work finishes, just the potential for development exists
This is a shockingly rigid test for it precludes various clear possibility for learning organizations. Numerous colleges neglect to qualify, as do many counseling firms. Indeed, even Broad Motors, regardless of its new efforts to further develop performance, is viewed as caring about.
to know more about organization click here:
https://brainly.com/question/28233474
#SPJ4
Which of the following types of military pay is not subject to federal taxes?
Training duty pay earned outside of a combat zone.
Active duty pay earned outside of a combat zone.
Combat pay earned in a combat zone.
Imminent danger pay earned outside of a combat zone
Option c) Combat pay earned in a combat zone is the military pay that is not subjected to federal taxes.
Military service members who are stationed in areas that have been designated as hazard zones receive combat pay as a bonus. Although Social Security and Medicare taxes are taken out, the increased pay is typically exempt from federal income tax. The Internal Revenue Service (IRS) imposes a levy known as the federal income tax on the yearly income of people, businesses, trusts, and other legal entities. All forms of income that constitute a taxpayer's taxable income are subject to federal income taxes, including wages, salaries, commissions, bonuses, tips, investment income, and certain categories of unearned income. Individuals who live in the United States pay federal income taxes at a progressive rate, which means that as taxable income rises, so does the tax rate.
To learn more about Combat pay click here
brainly.com/question/30397168
#SPJ4
kristen's current credit score does not qualify her for a conforming conventional loan, but she is eager to purchase a house. which lender practice would be the most likely indication of predatory lending?
The most common sign of predatory lending is when the mortgage includes unnecessary life insurance premiums.
A mortgage is a sort of loan used to buy or keep up a house, land, or other real estate. The borrower consents to make payments to the lender over time, often in the form of a series of regular payments that are split into principal and interest. You can purchase, build, or renovate a residential property with the aid of a house loan. The house or other property is viewed as collateral by the lender for the loan. Mortgage loans, on the other hand, are loans that are taken as security for real estate, or loans secured by real estate. Without a mortgage, you can purchase a home. Rent-to-own schemes, owner financing, personal loans, and cash are a few ways to go about it.
Learn more about mortgage here
https://brainly.com/question/24732162
#SPJ4
The three data et have the ame mean and range, but i the variation the ame? Prove your anwer by compute the tandard deviation. Aume the data were obtained from ample. A. 5,7,9,11,13,15,17
b. 5,6,7,11,15,16,17
c. 5,5,5,11,17,17,17,
The data were obtained from sample The standard deviation of the value are same.
How to interpret a standard deviation?The term "standard deviation" (or "") refers to the degree of dispersion of the data from the mean. Data are grouped around the mean when the standard deviation is low, and are more dispersed when the standard deviation is high dispersed the data is is indicated by the standard deviation. The standard deviation reveals the degree of data skewedness. It gauges how far away from the mean each observed value is. Approximately 95% of values in any distribution will be within two standard deviations of the mean.The three data et have the ame mean and rangeA. 5,7,9,11,13,15,17 /7 = 11b. 5,6,7,11,15,16,17 / 7 =11c. 5,5,5,11,17,17,17, /7 = 11The standard deviation of the value are same.
The data were obtained from sample , the standard deviation of the value are same.
To learn more about standard deviation refer to:
https://brainly.com/question/24298037
#SPJ4
Johnson Products earned $5. 08 per share last year and paid a dividend of $2. 00 per share. If ROE was 13 percent, what is the sustainable growth rate? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. )
7.88 . Return on Investment( return for plutocrat invested) is a popular profitability metric used to estimate how well an investment has performed.
Considering that, tip earned last time = $5.08 per share tip paid = $2.00 per share Return on value, ROE = 13 Retention rate = ( tip earned last time- tip paid) ÷ tip earned last time = ($5.08-$2.00) ÷$5.08 = $3.08 ÷$5.08 = 0.6062 Sustainable development rate = Retention rate × Return on value = 0.6062 ×0.13 = 0.078806 or 7.88
Return on original capital investment is communicated as a chance and is calculated by partitioning an investment's net benefit( or space) by its original expenditure or disbursement.
Return on original capital investment can be employed to make apples- to- apples comparisons and rank investments in colorful gambles or means.
Return for plutocrat invested does not take into account the holding time frame or passage of time, and so it can miss occasion charges of effective fiscal planning nearly differently.
Whether or not commodity conveys a decent return for plutocrat invested ought to be compared relative to other available openings.
to know more about ROI(Return on Investment) click here:
https://brainly.com/question/11913993
#SPJ4
the declaration of a stock dividend decreases a corporation's stockholders' equity and decreases its liabilities.
An equity-contra account is Treasury stock. A industry's assets and stockholders' equity both decline when a cash dividend is declared. A shareholder's stockholder equity is reduced but also its liabilities are increased when a cash dividend is declared.
Whatever occurs when a company announces a dividend payout?
A dividend payment made to shareholders in the form of preferred stock instead than cash is known as a stock dividend. The payments are made as portions per shares already owned.
What impact does a stock dividend have upon the company ’s financial statements, obligations, nor overall equitable?
To keep the company's cash flow under control, some rewards are declared and distributed, or "paid," in common shares. Stock dividends give owners ordinary shares instead of cash. The overall value of the company's assets, debts, and stockholders' equity are unaffected by stock dividends.
To know more about industries click here
brainly.com/question/30454410
#SPJ4
a plant asset under construction by a firm for its own use was completed at the end of the current year. the following costs were incurred: materials $60,000 labor 30,000 incremental overhead 10,000 capitalized interest 20,000 the asset has a service life of 10 years, estimated residual value of $10,000, and will be depreciated under the double declining balance method. at completion, the asset was worth $105,000 at fair value. what amount of depreciation will be recognized on the asset in total over its service life?
The total amount of depreciation to be recognized on the asset over its service life will be $85,000.
Calculate the cost basis:
Material cost: $60,000
Labor cost: $30,000
Incremental overhead: $10,000
Capitalized interest: $20,000
Total cost basis: $120,000
Calculate the depreciation expense:
Depreciation rate: Double declining balance (200% of straight-line)
Asset life: 10 years
Residual value: $10,000
Depreciation expense = (Cost basis – Residual value) x Depreciation rate
Depreciation expense = ($120,000 – $10,000) x 200%
= $110,000 x 200%
= $220,000
Calculate the total depreciation to be recognized over the asset’s service life:
Total depreciation = Depreciation expense – Fair value of the asset
Total depreciation = $220,000 – $105,000
= $115,000
Therefore, the total amount of depreciation to be recognized on the asset over its service life is $85,000
To learn more about depreciation visit:
https://brainly.com/question/25530648
#SPJ4
a government budget deficit occurs, which ______. the real interest rate ______.
A government budget deficit occurs, which raise. the real interest rate investment.
The demand on loanable cash rises when the government runs a budget deficit. However, higher interest rates reduce investment as well as the amount of loanable money required by corporations to finance investment.
A budget deficit is the scenario that occurs when government expenditure exceeds money earned, reflecting a country's financial situation. When the federal government's budget deficit rises, the Treasury issues more bonds, lowering bond prices and raising interest rates.
To know more about government budget
https://brainly.com/question/13170829
#SPJ4