Analyzing the Impact of Selected Transactions on the Current Ratio [LO 13-4, LO 13-5]
In its most recent annual report, Sunrise Enterprises reported current assets of $1,090,000 and current liabilities of $602,000.
Required:
Determine for each of the following transactions whether the current ratio, and each of its two components, for Sunrise will increase, decrease, or have no change: (1) sold long-term assets for cash, (2) accrued severance pay for terminated employees, (3) wrote down the carrying value of certain inventory items that were deemed to be obsolete, and (4) acquired new inventory by signing an 18-month promissory note (the supplier was not willing to provide normal credit terms).
Answers
Answer:
Sunrise Enterprises
Impact of Selected Transactions on the Current Ratio:
Current Ratio Current Assets Current Liabilities
(1) increase increase no change
(2) decrease no change increase
(3) decrease decrease no change
(4) increase increase no change
Explanation:
a) Data and Calculations:
Current assets = $1,090,000
Current liabilities = $602,000
Current ratio = 1.8 ($1,090,000/$602,000)
b) The current ratio (the ratio of current assets to current liabilities) is affected by increases or decreases in current assets without equal increases or decreases in current liabilities and vice versa.
Related Questions
Question 6 of 20
A product with a high level of elasticity of demand has which feature?
A. Demand for the product consistently falls over time.
B. Demand for the product rises and falls depending on
circumstances.
C. Demand for the prodt consistently rises over time.
D. Demand for the product is limited to a very small group of
Answers
A product with a high level of elasticity of demand has the feature of the B. Demand for the product rises and falls depending on circumstances.
What is Elasticity of Demand?This refers to the extent to which there is a price change that causes a product to have a change in demand.
Hence, we can see that when there is a high elasticity of demand, it is usually because there is a variable change in the quantity demanded in relation to its price and this means that B. Demand for the product rises and falls depending on circumstances.
Read more about elasticity of demand here:
https://brainly.com/question/19141990
#SPJ1
100,000. Annual household income Phil’s 2022 income places him at 400% of the federal poverty level. What would be expected contribution for healthcare premium tax credit
Answers
The expected contribution for the healthcare premium tax credit for Phil based on the given information, cannot be determined.
What is the premium healthcare tax credit ?The amount of the premium tax credit that an individual or household is eligible for is based on several factors, including the cost of the insurance plan, the household's income, the number of people in the household, and the age of the people in the household. In order to determine Phil's expected contribution, you would need to know these and other factors.
To receive a premium tax credit, an individual or household must enroll in a health insurance plan through the Health Insurance Marketplace and must have an income between 100% and 400% of the federal poverty level. However, the amount of the premium tax credit that an individual or household is eligible for will vary based on the specific circumstances of the individual or household.
Find out more on premium tax credit at https://brainly.com/question/25819240
#SPJ1
What's the estimated length of a wall that has 31 studs 16 inches on center?
Answers
Answer:
480 inches (40 feet)
Explanation:
Studs are boards placed on walls so as to support the walls. Studs are used in framing the wall and they are vertical.
Studs are usually spaced on walls with wall framing at either 16 inches on center, 19 inches on center or 24 inches on centers.
Given that on center spacing = 16 inches, number of studs = 31
The length of the wall is given by the formula:
number of studs = (length of wall in inches / on center spacing in inches) + 1
Length of wall (inches) = (number of studs - 1) * on center spacing
hence:
Length of wall (inches) = (31 - 1) * 16 inches = 480 inches
Length of wall = 480 inches = 40 feet
Explain right to be heard with examples
Answers
The right to be heard means that, depending on their age and maturity, children can be involved in decisions and issues that affect them.
What is the right to be heard?The right to be heard (including the participation of children) is a principle of child rights as defined in the United Nations Convention on the Rights of the Child. According to article 12 of the Convention, children have the right to express their views on all matters that affect them, and their views must be given due weight according to their age and maturity. This right applies equally to children's participation in social and political affairs, and to judicial and administrative proceedings. As a general principle, children's right to be heard should be addressed not only as vulnerable individuals with special protection needs, but also as informed decision makers, rights holders and active members of society. It reflects the child's notion of 'agency', The right to a hearing in article 12 is closely related to other articles of the Convention, which together form the so-called 'participation rights' of children and the recognition of children as citizens with rights holders. Emphasis on understanding.learn more about the right to be heard
https://brainly.com/question/1175570
#SPJ1
Please Help!!!!
What are some reasons that companies might not be addressing Gen Y leadership development programs? Discuss
Answers
Due to the way they were taught, Generation Y really has a propensity to struggle with problem solving, failing, accepting and learning from errors, and having realistic expectations. Independence, accountability, and responsibility are all reduced.
What tactics should managers take when interacting with Generation Y workers?What Every Manager Needs to Know About Managing Generation Y
Help them get used to working there without alarming or insulting them.Provide them trustworthy educational experiences that will enable them to be successful in their careers.Prevent them from self-destructing.What can be a drawback for Gen Y workers?The stereotypes about millennials include being too relaxed, impatient, and lazy. Employers of Generation Y workers say that these people have low standards for pay, a poor work ethic, and difficulty focusing and concentrating. They seem to be hopping jobs in an outrageous manner.
Learn more about educational experiences: https://brainly.com/question/28335089
#SPJ1
The Hub Store at a university in eastern Canada is considering purchasing a self-serve checkout machine similar to those used in many grocery stores and other retail outlets. Currently the university pays part-time wages to students totalling $64,000 per year. A self-serve checkout machine would reduce part-time student wages by $44,000 per year. The machine would cost $420,000 and has a 10-year useful life. Total costs of operating the checkout machine would be $6,800 per year, including maintenance. Major maintenance would be needed on the machine in five years at a total cost of $11,800. The salvage value of the checkout machine in 10 years would be $49,000.
The CCA rate is 25%. Management requires a 10% after-tax return on all equipment purchases. The company’s tax rate is 30%.
1. Determine the before-tax net annual cost savings that the new checkout machine will provide.
2-a. Using the data from (1) above and other data from the exercise, compute the checkout machine’s net present value. (Hint: Use Microsoft Excel to calculate the discount factor(s).) (Do not round intermediate calculations and round your final answer to the nearest dollar amount. Negative value should be indicated with minus sign.)
2-b. Would you recommend that the machine be purchased?
Answers
The before-tax net annual cost savings that the new checkout machine will provide is $54,840 per year.
How do you determine the values?To determine the before-tax net annual cost savings that the new checkout machine will provide, we need to calculate the difference between the current part-time student wages and the total operating costs of the checkout machine.
Current part-time student wages: $64,000 per year
Total operating costs of checkout machine: $6,800 per year + $11,800 in five years = $6,800 per year + $2,360 per year
Total savings: $64,000 - ($6,800 + $2,360) = $54,840 per year
2-a. To compute the net present value (NPV) of the checkout machine, we need to use the following formula:
NPV = -Cost of investment + (Annual savings / (1 + Discount rate)^n) + (Salvage value / (1 + Discount rate)^n)
Where n is the number of years, Discount rate is the required rate of return, in this case 10% after-tax, and the salvage value is in the last year.
Cost of investment = $420,000
Annual savings = $54,840
Salvage value = $49,000
Discount rate = 10% after-tax = 10%*(1-30%) = 7%
n = 10 years
NPV = -$420,000 + ($54,840 / (1 + 0.07)^10) + ($49,000 / (1 + 0.07)^10) = -$420,000 + $38,982 + $27,813 = $-353,205
2-b. Based on the NPV calculation, the machine has a negative value so it would not be recommended to purchase. The company will lose money by purchasing it.
Therefore, the correct answer is as given above
learn more about before-tax: https://brainly.com/question/9437038
#SPJ1
As a manager, if you wanted to influence what employees do in situations lacking clear company rules or expectations, what should you do
Answers
As a manager if you want to influence what employees do in situations that lack clear company rules or expectations, you should create a strong culture.
Creating a strong culture is very important in the workplace. It is important because it helps to influence the discretionary behaviors that employees have in the work place.
It helps them to know what they should do in given situations where the the rules and the expectations are not clear.
This is very important because an organization may not have policies or rules for every given situation in the work place. The culture of the organization would be very useful in this case.
Read more on company rules
https://brainly.com/question/14913157?referrer=searchResults
1.Why is knowledge of consumer behavior important to the marketer?
Answers
The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.
CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.
When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.
Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.
Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.
Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.
The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.
The importance of consumer behavior to marketers is discussed below:
Consumer diversification: It's a technique used in marketing to set one consumer apart from a group of related consumers. This aids in creating a target market of consumers who exhibit the same or comparable behavior.Customer Retention: Consumer behavior is incredibly crucial for both attracting new consumers and keeping hold of current ones. A satisfied customer is more likely to form the same purchase in the future. Therefore, it's important to sell the product in a way that encourages repeat purchases from customers.Forecasting Demand Patterns: By doing a consumer behavior analysis, a business can avoid spending plenty of money and energy on creating a product that won't be popular with customers.Competitiveness: Understanding and handling the competition are made easier by studying consumer behavior. Your brand may have a competitive edge supported consumer expectations.Develop Unique New Technologies: Businesses continually exerting to increase the likelihood that their novel ideas or new products will succeed. Amongst the foremost crucial methods is to carry out a thorough and careful study of consumer behavior.Learn more about consumer behavior : https://brainly.com/question/9566137
Define the three economic aspects of monopoly and the three economic effects of oligopoly?
Answers
Answer:
MONOPOLY
1) Ownership of a Key Resource
A firm that has exclusive control or ownership of a key resource can restrict access to that resource and establish a monopoly. The limited availability of the key resource will make it impossible for new sellers to enter the market. Although this factor is important in economic theory, monopolies rarely ever arise for this reason in reality anymore. Mainly because most resources are available in various regions across the globe.
One famous example of a monopoly that arose because of ownership of a key resource is the diamond market in the twentieth century. During this period, the company De Beers effectively controlled most of the world’s diamond mines, either through direct ownership or exclusive agreements. As a result, De Beers could dominate the market and influence the market price at will.
2) Government Regulation
The government can restrict market entry by law (e.g. through patents or copyright laws), which may result in a monopoly. Governments usually do this to serve the public interest, because these regulations promote innovation as well as research and development (R&D). The idea behind this is that firms can be rewarded for their R&D efforts by getting exclusive rights to sell their product. Without this kind of protection, it would be more reasonable for many firms to let others do the research and just copy their products once they are on the market. However, this would eventually eradicate all innovation and research.
Arguably the most prominent (and controversial) examples of government-regulated monopolies can be found in the pharmaceuticals industry. It often takes more than a decade for companies to develop new drugs. However, if they succeed, the firms can apply for a patent and become the sole seller of the new drug for a set period of time. This monopoly position allows them to make enough profits to make up for high R&D expenditures.
3) Economies of Scale (i.e. Natural Monopoly)
In some industries, a single firm can supply a good or service at a lower cost than two or more firms could. We call this a natural monopoly (because it arises without government intervention). A natural monopoly can arise in industries where firms face high fixed costs but are able to realize significant economies of scale over the relevant range of output. Those circumstances result in decreasing average total costs as output increases, which makes it more difficult for new firms to enter the market.
The market for electricity is a common example of a natural monopoly. Building the infrastructure to supply a city with electricity is extremely expensive. Thus, the market has high barriers to entry. However, connecting an additional house to the power grid is relatively cheap once the infrastructure is in place. As a result, a single firm can supply a whole city at a lower cost than two or more competing companies could.
Explanation:
OLIGOPOLY
Some of the oligopoly effects are discussed as follows:
i. Restriction on output:
Implies that oligopoly results in small output and high prices as compared to other market structures, such as perfect competition.
ii. Price exceeds average costs:Implies that under oligopoly, there are restrictions on entry of new organizations. Thus, organizations charge prices more than the average costs. Therefore, consumers have to pay more in case of oligopoly market.
iii. Lower Efficiency:
Leads to non-optimum levels of output. This is because the output produced under oligopoly depends on the market share held by the organization. Thus, the oligopoly organizations fail to build the optimum scales of economies and achieve optimum output.
iv. Selling Costs:
Refer to high promotional costs. The oligopolists engage in high promotion tasks to take the share of its rivals. Thus, the resources are wasted in form of high selling costs which do not add to the satisfaction of customers.
Apart from aforementioned points, oligopoly shows the poor performance from various other angles. From the point of economic welfare, it fails to satisfy customers since the price charged is very high, even more than average costs. In addition, sometimes oligopolists may face wasteful fluctuations in output as the output is not determined optimally.
HOPE IT HELPS.
Which of the following is not a systematic process of controlling?
Select one:
A.
Establishing standards and methods of measuring performance.
B.
Measuring both quantity and quality
C.
Measuring performance
D.
Determining whether performance matches the standards
Answers
Measuring both quantity and quality (option B) is not a systematic process of control.
What is controlling?Controlling is described as a process in management, and it is a vital management function. It is important to mention that in the lack of any control process, management will fail to work properly. The management will fail to formulate a plan and work and will be unable to according to the implemented plan.
Measuring just the quantity and the quality, the performance measurement is overlooked. It is the main objective of control is to work as per plan and the level of performance must be by the formulated plan. However, measuring only the quality and quantity will not lead to a systematic process of control.
It can be concluded that measuring both quantity and quality (option B) is not a systematic process of control.
To know more about controlling, check this link:
https://brainly.com/question/28109846
#SPJ13
A personnel manager wanted to study the opinion of workers about the recently launched business process re-engineering program in the company. he selected 300 workers from the alphabetical master list of 3000 workers by taking every 10th name after selecting the first randomly. what is the sampling method used?
Answers
Answer:
Systematic sampling
Explanation:
The 'Systematic sampling' method is described as the sampling technique in which the researchers aim to zero down a specific population as per their target size they want to research on. Thus, the entire population is divided by the desired size of the sample(manager selecting 300 workers from 3000 workers) and selecting the sample from this target sample at a fixed interval(every 10th name). It is an easy and convenient sampling method in comparison to the random method of sampling which makes it more conducive in an area with a wide population. Thus, it exemplifies 'systematic sampling.'
Scientific management approach has lost its relevance. How might today's
organization use it?
Why do you think managers have difficulty delegating?
Answers
Answer:
syntific mamagement loss it relevance its relevs today it will might today it will not lost revalance
Steve met Diana at the local gym and they started talking about how Diana needed her
house painted. Steve told Diana that he would paint her whole house for $5,000 and
that he would keep the offer open for seven days. Later that night, Steve even sent
Diana an email detailing the terms of the offer. Two days later, Steve sent Diana an
email around 2:25 p.m., stating that the original offer was revoked. Around 1:55 p.m.
that same day, Diana wrote Steve a letter, stating that she accepted his offer for the
house painting. As soon as Diana was able, she went to Post Office and sent Steve the
letter by certified mail (time stamped by the Postal Service at 2:27 p.m.). That night
around 5:45 p.m., Diana was reviewing her emails and saw Steve's earlier email
informing her about the revocation of the offer. She immediately called him to tell him
that she had wrote him a letter of acceptance. Was the offer revoked by Steve and why
or why not?
Answers
Answer:
Was the offer revoked by Steve and why
or why not?
No
Explanation:
I am not the best with contracts so no guarnatee but there was a clear offer, acceptance, consideration, making this a contract. Unless in the terms of the contract it stated that there could be a cancellation at any time, Steve is obligated to follow through.
What is fixed and variable cost?
Answers
Answer:
Okay, so fixed costs are costs that are consistant in their price (buildings, rent, machinery, etc.). Variable costs are costs that change based on production (wages, materials, utilities, etc.).
Hope this helps :)
Explanation:
Explained above.
employee unions represent workers who serve the government.
Answers
Answer: Public employee unions
Explanation:
A public-sector trade union (or public-sector labor union) is a trade union which primarily represents the interests of employees within public sector or governmental organizations.
Rose dies with passive activity property having an adjusted basis of $156,400, suspended losses of $50,048, and a fair market value at the date of her death of $218,960. Of the $50,048 suspended loss existing at the time of Rose's death, how much is deductible on her final return or by the beneficiary
Answers
Answer:
12512 dollars that she have
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
For more such answers on Economic demand
https://brainly.com/question/30703626
#SPJ8
Engineering Wonders reports net income of $63 million. Included in that number is building depreciation expense of $5.3 million and a gain on the sale of land of $1.3 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.3 million, $3.3 million, and $4.3 million, respectively. What are Engineering Wonders' net cash flows from operating activities? (List cash outflows and any decrease in cash as negative amounts. Enter your answer in millions. (i.e., $10,000,000 should be entered as 10).)
Answers
Answer:
70.3
Explanation:
The calculation of net cash flows from operating activities is shown below:-
Engineering Wonders reports
Net cash flow from operating activities
Particulars Amount
Net income 63
Adjustment to reconcile net
income to net cash
flow from operating activities
Add: Depreciation expense 5.3
Less: Gain on sale of land 1.3
Add: Decrease in Accounts
receivable 2.3
Less: Decrease in accounts
payable 3.3
Add: Decrease in inventory 4.3
Net cash flow from operating
activities 70.3
Therefore the net cash flow from operating activities is 70.3.
ChemKill Manufacturing produces a chemical pesticide and uses process costing. There are three processing departments -Mixing, Refining, and Packaging. On January 1, the first department-Mixing--had a zero beginning balance. During January, 45,000 gallons of chemicals were started into production. During the month, 35,000 gallons were completed, and 10,000 remained in process, partially completed. In the Mixing Department, all direct materials are added at the beginning of the production process, and conversion costs are applied evenly throughout the process. During January, the Mixing Department incurred $50,000 in direct materials costs and $211,800 in conversion costs. At the end of the month, the ending inventory in the Mixing Department was 60% complete with respect to conversion costs. The weighted average method is used. The total cost of the chemical pesticide in ending inventory was places, and your final answer to the nearest dollar.) (Round any intermediate calculations two decimal A. $42,120 B. $50,000 C. $211,800 D. $261,800
Answers
Answer:
A. $42,120
Explanation:
ChemKill Manufacturing
Weighted Average Method
Equivalent Production Units
Particulars Units % of Completion Equivalent Units
Materials. Conversion Materials. Conversion
Completed 35000 100 100 35000 35000
In Process 10,000 100 60 10,000 6000
Equivalent Units 45000 41000
First we find the equivalent units both for materials and conversion.
Costs
Materials $50,000
Conversion $211,800
Then we find the cost per equivalent unit of production for materials and conversion
Cost Per Equivalent Unit
Materials = $50,000 /45000= $ 1.111
Conversion= $211,800/41000= 5.1658= $ 5.17
Ending Inventory Costs 42130
Materials = 10,000 *$ 1.11= $ 11110
Conversion = 6000 * $ 5.17= $ 31020
The difference is due to rounding off.
Make a list of the skills that would be important for someone pursuing a career in each cluster in your unit. Then compare to see if any of these skills show up in more than one career cluster. Which skill do you think is the most important for each? Explain your reason.
Answers
Answer:
The career clusters in this unit are Architecture & Construction, Manufacturing, and Transportation & Logistics. The skills for Architecture and construction that would be helpful are creativity, teamwork, leadership, and communication skills. Skills helpful for Manufacturing are Coding, Programming, Teamwork, and digital flexibility, as well as digital fluency. Skills helpful for Transportation and Logistics are Numerical and Analytical Skills, Adaptability, and Foward Thinking. The most important skill for Architecture and Construction is communication skills, This is because when your working on a project you need to display your ideas and actions to the team to stay in sync so nothing gets out of hand or unorganized, especially if you're a manager. The most important skill for Manufacturing is digital flexibility, this is because things are changing every day, especially in technology, so you need to be flexible with the changes so not only you but your work can adapt to new changes. For transportation and logistics, the most important skill is teamwork, mostly because in all jobs in this cluster you will be assigned a team, and you really need to have this skill, so you can work well with others solve problems and make new things. Notice how almost every cluster requires teamwork?
Explanation:
I hope this helps, and if this question is in edmentum in career exploration, thats what im takeing too, hope that makes you feel more comfortable with this answer.
To identify the important skills for each career cluster, it would be helpful to review the specific clusters mentioned in your unit.
1. Identify career clusters: Determine the different career clusters mentioned in your unit. For example, they could include healthcare, business, technology, education, or creative arts.
2. List skills for each cluster: Consider the skills that are important for success in each career cluster. These skills could include technical skills, problem-solving abilities, communication skills, creativity, leadership, organization, or teamwork.
3. Compare skills across clusters: Look for skills that appear in more than one career cluster. For example, communication skills might be important in both business and education. Technical skills might be relevant in both technology and healthcare.
4. Determine the most important skill for each cluster: Assess the skills you have identified and consider which one is most crucial for success in each career cluster. For example, in the business cluster, strong leadership skills might be the most important, while in the healthcare cluster, technical expertise or empathy might be prioritized.
It's important to note that the specific skills and their importance may vary depending on the individual careers within each cluster. To determine the most important skill for each career cluster, you should consider the specific demands and requirements of each profession.
Learn more about Profession here:
https://brainly.com/question/28429906
#SPJ3
Please label each question as either closed question or open-ended question. 1. How many personal computers do you have in this department? 2. How is this task performed? 3. Why do you perform the task that way? 4. How many hours of training does a clerk receive? 5. How many customers ordered products from the Web site last month? 6. What are users saying about the new system? 7. How are the checks reconciled? 8. What added features would you like to have in the new billing system? 9. Is the calculation procedure described in the manual? 10. Is there anything else you can tell me about this topic?
Answers
The label of the question as either closed question or open-ended question is given below:
1. Closed ended question
2. Open ended question
3. Open ended question
4. Closed ended question
5. Closed ended question
6. Open ended question
7. Open ended question
8. Open ended question
9. Closed ended question
10. Closed ended question
What are some instances of open-ended and closed-ended questions?Open-ended inquiries are those that provide responders a prompt for the inquiry and a blank place to write their own response. As an alternative, closed-ended inquiries give a question prompt and ask respondents to select from a range of acceptable answers.
"What do you think about this goods?" is an example of an open-ended question. Closed-ended questions, on the other hand, typically only allow for a single word or a selection from a small number of multiple-choice options (for example, "Are you satisfied with this goods?" Yes, No, Mostly or Not quite").
Learn more about Closed ended question from
https://brainly.com/question/6504979
#SPJ1
You are responsible for replacing a piece of machinery in an assembly line. Each choice will last for ten years and work equally well.
Choice A costs $250,000 to purchase and requires annual maintenance costs of $25,000.
Choice B costs $400,000 to purchase and requires maintenance costs in years 4 and 8 of $30,000.
Using an interest rate of 8%, what is the present value of the costs for choice B?
Responses
Answers
The sum of the present values of the initial cost and the ongoing costs for choice B is the total present value of the costs:
The present value of the costs associated with option B is $436,774 at an interest rate of 8%. PV(total cost of option B) = $400,000 + $36,774 = $436,774
What is meant by Initial Cost?The total cost of acquiring or purchasing an asset, including all costs associated with its acquisition or installation, is referred to as the initial cost. It is the cost of acquiring the asset before any profits or savings it may have brought in.
For instance, if a business purchases a new machine for production, the initial cost would include the machine's purchase price, the cost of transportation, the cost of installation, and any other costs incurred during the purchasing process.
Businesses must take into account the initial cost because it has an impact on their profitability and cash flow. A larger initial investment may be required, resulting in a longer payback period and decreased profitability.
To know more about Acquisition, visit:
https://brainly.com/question/28318155
#SPJ1
(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
L learn more on Variance on https://brainly.com/question/9304306
#SPJ1
where did you get the numbers for the quantity since the question never states what the quantity is so how do you calculate total revenue when all you’re given is this price?
Answers
The following is the formula to determine total cost: Total cost is determined by adding TVC and TFC (total variable cost).
How do you calculate total income using quantity and cost as inputs?
Total Sales X Cost Per Unit equals Total Revenue
Just keep things simple by remembering "quantity times price." If you offer a variety of goods and/or services, figure out the combined total revenue for all of them.
Price x Quantity Sold = Total Revenue
How is total revenue determined on an income statement?
Revenue as a whole on the income statement
To calculate the overall operating income, start with the sales revenue and then deduct the cost of products sold and operating expenses. Report any non-operating gains, losses, or costs in the following section.
To learn more about total cost from the given link.
https://brainly.com/question/25109150
#SPJ9
Which of the following shows the correct order in which organs take part in the process of digestion? (5 points) Esophagus, mouth, stomach Mouth, esophagus, stomach Mouth, stomach, esophagus Stomach, mouth, esophagus
Answers
Answer:
Mouth, esophagus, stomach
Explanation:
Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:
What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?
Answers
The purpose of this research is to examine the service proficiency of OEI and suggest suitable staffing levels for accommodating a growing clientele of 20 and 30.
1. Arrival Rate for Each Customer: 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.
What is the managerial report1. Arrival Rate for Each Customer: 1.25 customers per hour.
Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:10 customers / 8 hours
= 1.25 customers per hour.
2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.
The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:1 customer / 3 hours
= 1/3 customers per hour.
3. Travel Time and Waiting Time:
OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.Learn more about managerial report from
https://brainly.com/question/3815117
#SPJ1
You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
Learn more about lieutenant, here:
https://brainly.com/question/30148992
#SPJ1
microeconomics definition of economics cost
Answers
In microeconomics, the concept of economic cost refers to the total value of resources, both explicit and implicit, that are sacrificed or foregone in order to produce a particular good or service.
It goes beyond the monetary expenses and includes the opportunity cost of using resources in one way instead of their next best alternative use. Economic cost comprises two main components:
Explicit Costs: These are the actual out-of-pocket expenses incurred in the production process. They include the cost of labor, raw materials, rent, utilities, and any other direct payments made to suppliers or factors of production. Explicit costs are tangible and measurable in monetary terms.
Implicit Costs: These represent the opportunity cost of utilizing resources in a specific production activity. Implicit costs are the benefits or values associated with the next best alternative that is forgone when resources are allocated to a particular use. They often involve the use of self-owned resources or factors of production, such as the foregone income from not working at another job or the foregone rental income from not leasing out a property.
To calculate the economic cost of production, both explicit and implicit costs need to be taken into account. By considering the full range of costs, economists aim to capture the true economic impact of a decision or an activity, providing a more comprehensive understanding of the costs involved in the production process.
For more such questions on Microeconomics
https://brainly.com/question/3539237
#SPJ11
Complete the steps you will use to create a document using a word processor.
Pick an existing template
Format the fonts of the text as required
Use Save As to save the document with
an appropriate name.
Open your word processing application.
Replace the placeholders with text and
images.
Answers
Answer:
open word app
pick template
format font
replace placeholders
save as
Explanation:
both font and changing placeholders can be interchangable. I prefer to have the font right at the start.
Jim is looking to purchase Vinney's property. The two parties agree on the terms of the deal and are ready to sign the purchase agreement. When will Jim and Vinney have an executed contract?
Answers
Jim is looking to purchase Vinney's property. The two parties agree on the terms of the deal and are ready to sign the purchase agreement. Jim and Vinney have an executed contract when they both are signed.
What is contract execution?A systematic event known as contract execution occurs when all necessary parties sign the agreement, making it a binding legal document.
Further the contract law provide the two broad categories of the contract which is considered to have been executed a) whenever all parties have fulfilled their responsibilities in full and b) A contract that has been signed by all parties required to make it legally enforceable is also referred to as being "executed."
Therefore Jim and Vinney when sign the agreement can make the purchase agreement into a real estate executed contract.
To know more about contract execution refer:
https://brainly.com/question/27516414
#SPJ1