Required information
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Oak Mart, a producer of solid oak tables, reports the following data from its first year of business.
Sales price per unit
$ 385
per unit
Units produced this year
129,000
units
Units sold this year
129,000
units
Variable selling and administrative expenses
$ 25
per unit
Fixed selling and administrative expenses
$ 4,665,000
per year
Direct materials
$ 53
per unit
Direct labor
$ 75
per unit
Variable overhead
$ 41
per unit
Fixed overhead
$ 9,288,000
per year
2. Prepare the current-year income statement using absorption costing.

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.

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If supplier perceives you as nuisance, it may negatively impact quality and timeliness of their service, which can ultimately affect your business operations.

Business operations refer to the daily activities and processes that a company undertakes to produce and deliver its products or services. This includes functions such as procurement, production, marketing, sales, customer service, logistics, and human resources. Business operations are crucial for the success of any organization, as they ensure that resources are utilized efficiently, costs are minimized, and customer needs are met. Effective operations management involves streamlining processes, improving productivity, maintaining quality, managing inventory, and implementing technology and automation. In today's global and competitive market, businesses must continually review and optimize their operations to remain profitable, sustainable, and meet evolving customer demands.

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As Markus Braun has a set of steps that Wirecard takes each time they acquire a new company This is known as a strategic goal.

A goal is a target or objective that someone is attempting to reach. The goal can also refer to the finish line of a race or the object that a player is attempting to insert as part of a game. As a noun, "goal" has other meanings.

The term strategic goals are referred to the specific and the financial as well as the non-financial objectives, There aims to achieve the goals in a specific period of time is there in it.

Therefore, As a result, The Wirecard takes each time they acquire a new company is known as strategic goals.

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Answer:

it is capitalism

Explanation:

This is so becauae , capitalism is a free market economy where the individual business people do most in the economy by deciding what to produce , workers to hire etc than the government

Answer:

1) Fundamental causes of a nation's business cycle fluctuations:  The causes of business cycle fluctuations are economic growth and recession.  The economy of a nation fluctuates within its business cycle by witnessing periods of expansion and periods of contraction, including those in-between.  The fluctuations or changes are caused by forces of supply and demand, the movement of the gross domestic product or GDP, the availability of capital, and expectations about the future.

The business cycle is divided into four distinct segments: expansion, peak (or crisis point), contraction (recession), and trough (recovery period).   But, the vital factors driving expansion and recession can be located in the economy's levels of production, prices, interest rates, income, and employment being experienced at any particular period.

2) A relationship can, therefore, be discerned between total spending by government and consumers and the location of the countries GDP on the business cycle.  Total spending by government and consumers drives the gross domestic product and the supply and demand for goods and services.  They are in turn driven by the availability of capital for spending and expectations about the future.  When the government and consumers have more resources to spend as a result of low-interest rates, rising income, and availability of capital, the resulting productivity increases total GDP.  Increasing GDP ensures economic expansion.  Economic outlook affects spending.  Expectations of a brighter future trigger economic buoyance, more spending, and increased GDP.  On the other hand, lower GDP is caused by worrying economic outlook where spending is withheld because of envisaged future uncertainties.

This is why some economists believe that Governments and the general public can always spend their ways out of a recession.  The implication is this, in order to end a recession, governments and individuals are advised to boost their spending in value-adding activities.

Explanation:

a) The Business cycle of a nation:  The business cycle is also known as the economic cycle or trade cycle.  It describes the downward and upward movement of gross domestic product (GDP) between periods of economic growth and recession.

b) Gross Domestic Product (GDP) is the value of finished goods and services made within a country during a specific period.  GDP shows a country's economic activities in total.  The measure is used to estimate the size of an economy and its growth rate.   There are three ways to calculate GDP, using expenditures, production, or incomes.

A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".

The correct option to the given question is option a.

Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.

Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.

Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.

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Answer:

2,4,5,7

Explanation:

Answer:

The quality control policies and procedures applicable to a firm's accounting and auditing practice should encompass the following elements:

Independence, Integrity, and Objectivity.

Personnel Management.

Acceptance and Continuance of Clients and Engagements.

Engagement Performance.

Monitoring.

Answer:

D. Entrepreneurship

Because 100% it's not a land or a capital. Well, it may be a labor, but mostly it's entrepreneurship.

Hope that helps you

Complete question reads;

Which of the following is not a reason Best Buy has had a hard time competing with Amazon? Multiple Choice

a. Best Buy decided to bring in Hubert Joly as CEO to replace Brian Dunn.

b. Amazon has many strategically located distribution centers across the United States.

c. Best Buy had significant expenses that did not help improve sales.

d. Amazon has a deep supply of products to draw from.

e. Best Buy has faced some key leadership challenges.

Answer:

a

Explanation:

Noteworthy is the fact that Hubert Joly's arrival into Best Buy was indeed a blessing to the company because within a year after he came in 2012, the company's stock value more than doubled in 2013.

He further improved the company's customer interactions, plus greater price competitiveness during his leadership.

Answer:

B. Family members can spend more time outside exercising

Explanation:

This has nothing to do with household responsibilities

To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.

First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.

Gross oil profit for Shop B = 28.4% of $275.00

                                = (28.4/100) * $275.00

                                = $78.10

Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.

Amount of oil used for each oil change = $275.00 / $21.25 per gallon

                                                     = 12.94 gallons (rounded to two decimal places)

Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.

Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used

                                       = $78.10 / 12.94 gallons

                                       ≈ $6.03 per gallon

Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.

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Answer:

  D: using competitive language when evaluating ideas

Explanation:

Choices seem to be ...

A: using subtle, indirect language in meetings.

B: allowing silence to linger in meetings.

C: expressing respect for others but letting issues go unresolved.

D: using competitive language when evaluating ideas.

E: expressing themselves in controlled, measured ways.

__

"Assertive" meaning "showing a confident or forceful personality", we don't expect subtle, or controlled language; nor do we expect lingering silence or unresolved issues. We expect choice D to be most likely.

The YTM is 6.54% for the required period of time. YTM means yield to maturity.

A rate of return estimate is the yield to maturity (YTM). It is assumed that the bond buyer would keep the bond until it matures and that they will reinvest all interest payments at the same interest rate. Consequently, the coupon rate is taken into account while calculating yield to maturity. YTM is another name for the yield on redemption.

According to given question

Face value=$ 2000

Current price= 2000*(103.203/100)=2064.06

Time=23*2=46

Coupon=6.81*2000*5=68.1

YTM=[(68.1+((2000-2064.06)/46))/(2000+2064.06)/2)*2

YTM=6.54%

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Answer:

Mike's Motors Corp.

Cash Budget for July, August, and September:

                                          July           August        September       Total

Beginning balance        $32,000     $30,000         $30,000       $32,000

Cash receipts                  83,000      109,000          148,000       340,000

Bank borrowings            26,000           0                   0                  26,000

Total receipts                 141,000       139,000         178,000      $398,000

Cash Payments              111,000        97,900          125,400        334,300.00

Interest                                                    520                 308.40          828.40

Loan repayment                                 10,580            15,420          26,000.00

Total payments              111,000      109,000            141,128.40    361,128.40

Minimum cash balance 30,000       30,000             36,871.60     36,871.60

Explanation:

a) Data and Calculations:

            Cash  Receipts   Cash  Payments

July            $ 83,000        $ 111,000

August        109,000           97,900

September 148,000          125,400

Minimum cash balance = $30,000

Interest on borrowings = 2% per month

July ending:

Borrowing to maintain minimum cash balance = $26,000

Interest for August = $520 ($26,000 * 2%)

August ending:

Loan balance = $15,420 ($26,000 - $10,580)

Interest for September = $308.40 ($15,420 * 2%)

Answer:

Explanation:

FAvI is a small automotive parts manufacturer in Hallencourt, France. In addition to other products, it is the European leader in the production of key components for gearboxes (manual transmissions) in such cars as Renault, Peugeot, Citroen, Fiat, Opel, Audi, volvo, and volkswagen. Employing about 400 people, this société anonyme

The balances in the Sports Socks' accounts payable are as follows:

The accounts payable balances for January and February are 15% of the month's purchases, which are left unpaid within the purchase month.

Sports Socks takes advantage of the 2% discount for prompt payment to settle 85% of all purchases for the month.  This leaves 15% of each month's purchases unsettled until the following month.

                                   November    December    January    February

Purchases                   $132,000     $299,000   $239,000  $227,000

Cash Payments:

85% Purchase month $112,200      $254,150    $203,150   $192,950

15% Following month                           19,800       44,850       35,850

January = $35,850 ($239,000 x 15%)

February = $34,050($227,000 x 15%)

Thus, Sports Socks reduces its cost of purchases by paying 85% within the discount period and accesses a short-term credit of 15% of its purchases.

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A. Operating characteristics:

Lq ≈ 0.5017, L ≈ 0.9377, Wq ≈ 0.1730 hours, W ≈ 0.5063 hours, Pw ≈ 0.4833

B. Service goal: Not met. Action recommended.

C. Mean service rate: 7.5 customers/hour.

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes).

A. To compute the operating characteristics of the customer waiting line:

Arrival rate (λ) = 2.9 customers/hour

Service rate (μ) = 60 minutes / 10 minutes per customer = 6 customers/hour

Average number of customers in the queue (Lq):

Lq = (λ^2) / (μ * (μ - λ)) ≈ 0.5017

Average number of customers in the system (L):

L = λ / (μ - λ) ≈ 0.9377

Average waiting time in the queue (Wq):

Wq = Lq / λ ≈ 0.1730 hours (approximately 10.38 minutes)

Average waiting time in the system (W):

W = Wq + (1 / μ) ≈ 0.5063 hours (approximately 30.38 minutes)

Probability of a customer waiting in the queue (Pw):

Pw = λ / μ ≈ 0.4833

B. The service goal is that an arriving customer should not wait for service more than an average of 6 minutes. However, the average waiting time in the system (W) is approximately 30.38 minutes, exceeding the goal. Therefore, the service goal is not being met.

Action recommendation: To meet the service goal, I would recommend taking the following actions:

Increase staffing: Hire additional design consultants to handle customer questions and product recommendations.

Improve efficiency: Streamline processes and provide training to the consultant to reduce the time spent with each customer.

Appointment scheduling: Implement a system for customers to schedule appointments, ensuring dedicated time slots for each customer and minimizing waiting times.

Self-service options: Provide self-service resources or online tools where customers can access basic information and make preliminary decisions, reducing the need for extensive consultations.

C. If the consultant can reduce the average time spent per customer to 8 minutes, the mean service rate can be calculated as follows:

Mean service rate (μ) = 60 minutes / 8 minutes per customer ≈ 7.5 customers/hour

Will the service goal be met? Yes

If the consultant can reduce the average time spent per customer to 8 minutes, then the average time a customer spends in the system will be 0.33 hours (20 minutes). This is less than the service goal of 6 minutes, so the goal will be met.

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The amount of capital that Transnet is said to be able to raise is put at  R100 billion business by 2020.

This is the name of a railroad company that was established in South Africa. The company is known for the fact that it is a port, a rail and a pipeline company in the nation.

According to the goals of the company, there goal is to grow the business to have a R100 billion business by 2020. This business is a limited liability company that is owned majorly by the Department of Public Enterprises of South Africa. The government of the country are known to be the sole share holder that the business has in the nation.

So based on the question that we have here we can conclude that the The amount of capital that Transnet is said to be able to raise is put at  R100 billion business by 2020.

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In this essay, we explore Warren Buffett's ethical approach to business, compare it to Bernie Madoff's, and analyze the applicable ethical philosophies for each.

Here are the steps to be followed:

1. Introduction:

2. Warren Buffett's Approach to Business Dealings and Business Ethics:

3. Bernie Madoff's Approach to Business Dealings and Comparison to Buffett:

4. Application of Ethical Philosophies to Warren Buffett:

5. Ethical Philosophies Applicable to Bernie Madoff and Reasons:

6. Conclusion:

Remember to support your arguments with evidence, examples, and references to credible sources. Properly cite any sources used in your essay according to the appropriate citation style.

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While tariffs may be a factor for certain international automakers, there are a variety of other reasons why corporations opt to locate manufacturing units in the American South.

Access to a competent labor, attractive economic incentives, and closeness to major suppliers and consumers are just a few of the main factors. The American South has made significant investments in building a strong infrastructure to support manufacturing, such as transportation networks, research and development capabilities, and worker training programs. This has made the region appealing to tariffs foreign enterprises wishing to expand their operations and enter the American market. Foreign enterprises can also profit from a stable political and economic climate, as well as access to cutting-edge technology and innovation, by operating manufacturing units in the United States.

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A mortgage refinance made after one that was issued in February 2010 might be shielded from a deficiency judgement. The deficiency judgement allows lender to collect the debt through regular methods.

Deficit judgements are permitted in most states. Deficit judgements are generally prohibited only in Alaska, California, Minnesota, Montana, Oregon, and Washington. Deficiency judgements are only permitted in limited circumstances in other states.

When the assets used to secure a loan are insufficient to satisfy the debt due by the debtor, a deficiency judgement is given to the creditors. When a debtor becomes insolvent, the creditor has the right to seize the asset used as collateral for the loan and sell it to recoup the obligation.

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Willie's guest count percentage variance is 9.82%.

To 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%.

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Answer:

≈ 9644 quantity of card

Explanation:

given data:

n = 4 regions/areas

mean demand = 2300

standard deviation = 200

cost of card (c) = $0.5

selling price (p) = $3.75

salvage value of card ( v ) = $ 0

The optimal production quantity for the card can be calculated using this formula below

= u + z (0.8667  ) * б

= 9200  +  1.110926 * 400

≈ 9644 quantity of card

First we have to find u

u = n * mean demand

 = 4 * 2300 = 9200

next we find the value of Z

Z = ( \(\frac{p-c}{p-v}\) )

   = ( 3.75 - 0.5 ) / 3.75   = 0.8667

Z( 0.8667 ) = 1.110926 ( using  excel formula : NORMSINV (0.8667 )

next we find б

б = 200\(\sqrt{n}\) = 400

Yes, you can maintain the use of your credit card by making only the Minimum Payment Due each month. However, there won't be an interest-free time and you'll have to pay exorbitant interest rates.

What takes place when you only pay the minimum amount. Even though it's crucial to make at least the minimum payment each month, it's not recommended to carry a credit card balance from month to month because you'll accrue interest fees (unless you're taking advantage of an introductory 0% APR) and run the danger of going into debt. A minimum payment won't lower your credit score by itself because you aren't skipping a payment.

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Answer:

Competitive advantage is about the strengths and capabilities, unique characteristics of any product or service, an individual, or a firm. It is hard to gain a competitive advantage because becoming different and achieving what others or other products do not possess is not at all easy. It requires a lot of time, planning, dedication and determination to grow above all and gain competitive advantage over them.

Answer:

the answer to your question is d

Answer:

c. dividends

Explanation:

not payable... so

Dividends are not an example of an expense.

What are dividends?

A dividend or dividends can be define as a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business which is called retained earnings.

The current year profit as well as the retained earnings of previous years are available for distribution and a corporation is usually prohibited from paying a dividend out of its capital. Distribution to shareholders may be in cash which is usually a deposit into a bank account or, if the corporation has a dividend reinvestment plan, the amount can be paid by the issue of further shares or by share repurchase. In some cases, the distribution may be of assets.

The dividend received by a shareholder is income of the shareholder and may be subject to income tax. The tax treatment of this income varies considerably between jurisdictions.

The corporation does not receive a tax deduction for the dividends it pays.

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