Business

What would happen to the demand curve for a particular brand of shampoo if a famous movie actress with beautiful hair announces that it is the best shampoo she has ever used?
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You are planning to save for retirement over the next 30 years. To do this, you will invest $850 per month in a stock account and $350 per month in a bond account. The return of the stock account is expected to be 10% compounded monthly, and the bond account will pay 6% compounded monthly. When you retire, you will combine your money into an account with a return of 5% compounded monthly. How much can you withdraw each month from your account assuming a 25-year withdrawal period?
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Read the overview below and complete the activities that follow.Marketers have access to a wide range of online research tools that can help enable the collection of data related to a specific market research effort. This activity is important because marketing managers must be able to understand how to leverage different types of online research tools in order to efficiently and effectively address the research problem as it has been defined. The goal of this exercise is to demonstrate your understanding of each of the different categories of online research tools that can be used in the context of a specific research context. Online research tools fall into three categories: databases, focus groups, and sampling. Each of these three categories offers unique opportunities to expand the reach and usefulness of market research. Hover over each individual item to read about the specific research problem faced by a given marketing manager, as well as any other relevant considerations provided. Then, drag the item to the online research tool category that would best serve the related marketing manager's needs.1. Sarah 2. Diana 3. John A. Online (Cloud) Databases B. Online Focus Groups C. Online Sampling
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Refer to the data below. Retained earnings, December 31, 2019 $ 341,200 Cost of buildings purchased during 2020 48,000 Net income for the year ended December 31, 2020 55,100 Dividends declared and paid in 2020 32,600 Increase in cash balance from January 1, 2020, to December 31, 2020 23,400 Increase in long-term debt in 2020 45,000 Required: From the above data, calculate the Retained Earnings balance as of December 31, 2020:
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Explain the following quote "The rich rule over the poor, and the borrower is slave to the lender."
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Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $4,590,000 (270,000 hours at $17/hour) and that factory overhead would be $1,570,000 for the current period. At the end of the period, the records show that there had been 250,000 hours of direct labor and $1,270,000 of actual overhead costs. Using direct labor hours as a base, what was the predetermined overhead rate? (Round your answer to two decimal places.)
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A good leader should have a positive outlook. Please select the best answer from the choices provided OT F
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Describe a time where you provided or observed high-quality customer service. In Microsoft Word, margins are adjusted using?
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a) Why is ethical relativism considered to be self-contradictory?b) Explain conceptual muddles with an example.
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You should use a multimedia slide or canvas only if __________. a. the slide or canvas highlights important points b. your presentation is longer than ten minutes c. you have completed training in developing and using the software d. you develop your ideas using the direct organizational strategy
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Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of May:1 Rainier Company Yakima Company2 Materials inventory, May 1 $100,000.00 $48,200.003 Materials inventory, May 31 (a) 50,000.004 Materials purchased 950,000.00 710,000.005 Cost of direct materials used in production 938,500.00 (a)6 Direct labor 2,860,000.00 (b)7 Factory overhead 1,800,000.00 446,000.008 Total manufacturing costs incurred May (b) 2,484,200.009 Total manufacturing costs 5,998,500.00 2,660,600.0010 Work in process inventory, May 1 400,000.00 176,400.0011 Work in process inventory, May 31 382,000.00 (c)12 Cost of goods manufactured (c) 2,491,500.0013 Finished goods inventory, May 1 615,000.00 190,000.0014 Finished goods inventory, May 31 596,500.00 (d)15 Sales 9,220,000.00 4,550,000.0016 Cost of goods sold (d) 2,470,000.0017 Gross profit (e) (e)18 Operating expenses 1,000,000.00 (f)19 Net income (f) 1,500,000.00Required:a. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.b. Prepare Yakima Companys statement of cost of goods manufactured for May. For those boxes in which you must enter subtracted or negative numbers use a minus sign.*c. Prepare Yakima Companys income statement for May. Enter all amounts as positive numbers.** Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries.Starting Questiona. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.Letter Rainier Company Yakima Companya. b. c. d. e. f. Statement of Cost of Goods Manufacturedb. Prepare Yakima Companys statement of cost of goods manufactured for May. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign.Yakima CompanyStatement of Cost of Goods ManufacturedFor the Month Ended May 3112Direct materials:34567891011Total manufacturing costs1213c. Prepare Yakima Companys income statement for May. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers.Yakima CompanyIncome StatementFor the Month Ended May 3112Cost of goods sold:345678910
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All of the following are benefits associated with empowerment except: a. empowered employees are more likely to respond in a positive way to service failures and to engage in effective service recovery strategies. b. empowered employees are more customer focused and quicker in responding to customer needs. c. empowered employees tend to feel better about their jobs and themselves, which is automatically reflected in the way they interact with customers. d. empowered front-line employees gain a false sense of power, in turn aiding the customer. e. empowered front-line service employees can be key to new service ideas and a cheaper source of market research than going to the consumer directly.
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A homeowner in a sunny climate has the opportunity to install a solar water heater in his home for a cost of $3,979. After installation the solar water heater will produce a small amount of hot water every day, forever, and will require no maintenance. How much must the homeowner save on water heating costs every year if this is to be a sound investment
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In its first month of operations, Wildhorse Co. made three purchases of merchandise in the following sequence: (1) 370 units at $6, (2) 470 units at $8, and (3) 570 units at $9. Assuming there are 270 units on hand at the end of the period, compute the cost of the ending inventory under (a) the FIFO method and (b) the LIFO method. Wildhorse Co. uses a periodic inventory system. FIFO LIFO The Ending Inventory $Enter a dollar amount $Enter a dollar amount
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Consider a firm with $9,331 in current assets. The firm also has gross property plant and equipment of $1,717, depreciation expense of $9,780. The firm decided to reduce their capital structure and hold $0 in notes payable, $5,189 in accruals and $7,224 in accounts payable. The firm has $924 in long-term debt, $1,493 in interest expense. Calculate the firm's Total Assets
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Westan Corporation uses a predetermined overhead rate of $23.10 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $277,200 of total manufacturing overhead for an estimated activity level of 12,000 direct labor-hours. The company incurred actual total manufacturing overhead costs of $266,000 and 12,600 total direct labor-hours during the period. Required: Determine the amount of manufacturing overhead that would have been applied to all jobs during the period.
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Assume that on September 1 Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September these transactions occurred.Sept. 6 Purchased calculators from Green Box Co. at a total cost of $1,620, terms n/30.9 Paid freight of $50 on calculators purchased from Green Box Co.10 Returned calculators to Green Box Co. for $38 credit because they did not meet specifications.12 Sold calculators costing $520 for $690 to University Book Store, terms n/30.14 Granted credit of $45 to University Book Store for the return of one calculator that was not ordered. The calculator cost $34.20 Sold calculators costing $570 for $760 to Campus Card Shop, terms n/30.
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Difine the following 1 operetional cost 2 social cost and 3 complementary goods
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A corporation can earn 7.5% if it invests in municipal bonds. The corporation can also earn 8.5% (before-tax) by investing in preferred stock. Assume that the two investments have equal risk. What is the break-even corporate tax rate that makes the corporation indifferent between the two investments
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____ is when the company and the customercome to an official agreement. (Select the best answer.)O Closing a saleO Turning a lead into a prospectO Self-actualizationO Creating a lead
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What is the purpose of a headline?O introduce the textO indicate the page or section breako reduce the need for graphicso divide the document
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The typical firm in a perfectly competitive market earns zero economic profit in the long run because: Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a firms in competitive markets tend to focus on revenue rather than profit. b U.S. law is designed so that taxes on earnings will eliminate profits. c there are no barriers preventing new firms from entering the market in the long run. d it is illegal for firms in a market that is comprised of many firms to continue to earn positive economic profit.
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What type of planning do you think Gordon Bernard is doing?
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Michael's Machine Shop reports the following information for the quarter. Sales price $70 Fixed costs (for the quarter) Selling and administrative 47,620 Production 142,860 Variable cost (per unit) Materials 18 Labor 15 Plant supervision 8 Selling and administrative 9 Number of units (for the quarter) 23,810 units Required: Select the answer for each of the following costs. a) Variable cost per unit.b) fixed cost amountc) breakeven pointd) expected sales
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