It is true that "residual income indicates that the segment’s return on investment is greater than the company’s target rate of return" . It is a financial performance measure that indicates the excess of actual income earned by a business unit over its expected income.
If the residual income is positive, it means that the segment has generated more income than the company's target rate of return, which is the minimum return expected by investors. A positive residual income shows that the segment is profitable and creates value for the company.
On the other hand, a negative residual income indicates that the segment is not meeting the target rate of return and is not contributing to the company's profitability. Residual income is a useful tool for evaluating the financial performance of business units and for making investment decisions.
By calculating residual income, managers can identify the most profitable segments and allocate resources accordingly to maximize the company's overall return on investment. The answer is true.
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What do you think has to be improved in order to keep the Philippines' computer and electronics industries at the top, given their rising economies? Elaborate your answer.
The Philippines' computer and electronics industries have been booming lately due to the country's growing economy. However, there are still some areas that need to be improved to ensure their continued success and growth such as Infrastructure and Logistics, Human Resource Development, Research and Development, and Intellectual Property Protection.
The Philippines' computer and electronics industries can improve in the following areas:
1. Infrastructure and Logistics- The country's infrastructure and logistics systems are outdated and in dire need of improvement. One of the biggest challenges faced by the computer and electronics industries is the lack of reliable and efficient transportation systems. This issue can be addressed by investing in modern and efficient infrastructure, such as ports, airports, and highways.
2. Human Resource Development- The computer and electronics industries require a highly skilled workforce. The country's education system must provide relevant and up-to-date training to students to ensure they are equipped with the necessary skills. The government and the private sector should work together to invest in vocational training programs to address the skills gap.
3. Research and Development- Investing in research and development is crucial to the success of the computer and electronics industries. The government should provide incentives to encourage private companies to invest in research and development. The private sector should also work together to form partnerships and collaborations with academic institutions to promote research and development.
4. Intellectual Property Protection- Intellectual property protection is crucial for the computer and electronics industries. The government should ensure that there are effective laws and regulations in place to protect intellectual property rights. This will encourage foreign investors to invest in the country's computer and electronics industries, which will help boost the industry's growth.
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bought a computer for ra 25000
double column cash book with discount and cash column
Answer:
Explanation:
41,900
June 01 Balance b/d 16,300
Answer:
41,900
June 01 Balance b/d 16,300
Explanation:
there is a linear relationship between future values and the number of compounding periods for any present value and non-zero interest rate.
There is a linear relationship between future values and the number of compounding periods for any present value and non-zero interest rate.
The future value (FV) of a present value (PV) invested at an annual interest rate (r) for a given number of years (t) can be calculated using the following formula:
FV = PV x (1 + r)^t
If the interest rate is compounded annually (i.e., one compounding period per year), then the formula simplifies to:
FV = PV x (1 + r)^1
If the interest rate is compounded semi-annually (i.e., two compounding periods per year), then the formula becomes:
FV = PV x (1 + r/2)^2
If the interest rate is compounded quarterly (i.e., four compounding periods per year), then the formula becomes:
FV = PV x (1 + r/4)^4
And so on, for any number of compounding periods per year.
As you can see from these formulas, the only difference between them is the exponent on the (1 + r/n) term, which represents the number of compounding periods per year (n). Because the exponent increases linearly with the number of compounding periods, the relationship between future values and the number of compounding periods is also linear. This means that as the number of compounding periods increases, the future value will increase at a faster rate than if it were compounded less frequently.
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eal gdp is currently $600 billion above potential gdp and price inflation is beginning to dominate the headlines. how could the government adjust taxes or transfers to return the economy to full employment? how large would this lump-sum adjustment need to be? assume the mpc
The MPC is the fraction of additional income that households consume rather than save. If we assume that the MPC is 0.8, then the government would need to reduce aggregate demand by $600 billion / 0.8 = $750 billion to close the output gap and return the economy to potential GDP.
The government could adopt a contractionary fiscal policy to bring the economy back to full employment by lowering aggregate demand by cutting back on spending, raising taxes, or cutting back on transfers.
To lower aggregate demand and ease the pressure on inflation, the government could either raise taxes or cut transfers. The magnitude of the lump-sum adjustment required to bring the economy back to full employment will be influenced by the fiscal policy's multiplier effect, which is based on the marginal propensity to consume (MPC).
If the lump-sum adjustment is in the form of a tax increase, the amount of tax increase required would be $750 billion / (1 - MPC) = $750 billion / 0.2 = $3.75 trillion.
Alternatively, if the lump-sum adjustment is in the form of a reduction in transfers, the amount of transfer reduction required would be $750 billion / MPC = $750 billion / 0.8 = $937.5 billion.
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Which of the following are positive statements in terms of economic theory? Select the two correct answers below. Select all that apply: When price increases,demand falls,all else constant Income isn't equal in all countries The government should use a progressive tax scheme to decrease inequality Prices for domestic flights are too high
The two positive statements in terms of economic theory are "When price increases, demand falls, all else constant" and "Income isn't equal in all countries."
Positive statements in economics are statements that can be objectively tested or verified. They describe what is or what will be without expressing value judgments. Among the options provided, the two positive statements are:
1. "When price increases, demand falls, all else constant": This statement is a basic principle of economics known as the law of demand. It states that when the price of a good or service increases, assuming all other factors remain constant, the quantity demanded for that good or service will decrease. This relationship between price and demand has been observed and studied in numerous economic contexts.
2. "Income isn't equal in all countries": This statement is also a positive statement as it reflects the reality that income distribution varies across different countries. It acknowledges the empirical fact that income levels and inequalities differ among nations, highlighting the existence of income disparities between countries due to various factors such as economic development, political systems, natural resources, and historical circumstances.
The other two statements, "The government should use a progressive tax scheme to decrease inequality" and "Prices for domestic flights are too high," express value judgments or normative statements rather than positive statements. They involve subjective opinions about what should or ought to be, rather than stating facts that can be objectively tested.
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You have recently been assigned the job of the marketing manager of Vodafone. You notice that in recent months there have many customers who are switching to Telstra or Optus. Please describe with examples three different ways to increase switching costs for your customers to reduce the instances of switching? Of these three different ways of increasing switching costs, which one would you recommend and why?
the recommended strategy of implementing a loyalty program aligns with the objective of fostering long-term customer relationships, reducing churn, and maintaining a competitive advantage in the market.
As the marketing manager of Vodafone, if you aim to reduce the instances of customers switching to Telstra or Optus, you can implement strategies to increase switching costs. Here are three different ways to achieve that:
1. Loyalty Programs and Rewards:
Implement a robust loyalty program that offers attractive rewards and benefits to customers who stay with Vodafone. By providing exclusive perks such as discounted plans, priority customer service, free upgrades, or access to exclusive events, you create an incentive for customers to remain loyal. Accumulating rewards over time builds a sense of attachment and makes it more challenging for customers to switch to competitors, as they would lose the benefits and rewards they have earned.
Example: Vodafone could introduce a tiered loyalty program where customers earn points for their monthly usage, and these points can be redeemed for discounts on future bills, exclusive merchandise, or even partner offers like discounted travel or entertainment.
2. Contractual Obligations and Early Termination Fees:
Offer contract-based plans that bind customers to a fixed-term commitment with penalties for early termination. By imposing contractual obligations and charging termination fees, customers face financial consequences if they switch before the contract period ends. This increases the cost of switching and makes customers think twice before considering a switch to a competitor.
Example: Vodafone can offer discounted monthly rates or additional benefits for customers who sign up for longer-term contracts (e.g., 24 months). The contracts would include clauses specifying the penalties for early termination.
3. Bundling and Cross-Platform Integration:
Create value for customers by offering bundled services that integrate multiple products or platforms. By providing a seamless experience across mobile, internet, TV, and other services, customers become more reliant on Vodafone's ecosystem. Switching to a competitor would not only involve changing their mobile provider but also disrupting their overall digital experience, making it less desirable.
Example: Vodafone could offer attractive bundles that combine mobile plans with home internet, TV streaming services, or smart home devices. By integrating these services and providing incentives for using the entire bundle, customers would find it more inconvenient to switch to a competitor.
Among these three ways of increasing switching costs, the most recommended strategy would be to focus on Loyalty Programs and Rewards. Loyalty programs create a sense of emotional attachment, fostering a deeper connection with the brand. It encourages customers to stay with Vodafone not only for the rewards but also for the sense of belonging and the overall experience.
By continuously engaging customers through a well-designed loyalty program, Vodafone can build strong brand loyalty and reduce the instances of switching. Additionally, loyalty programs can also provide valuable data and insights into customer preferences, allowing for more personalized marketing efforts and improved customer retention strategies.
Overall, the recommended strategy of implementing a loyalty program aligns with the objective of fostering long-term customer relationships, reducing churn, and maintaining a competitive advantage in the market.
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On February 1, 2020, Coronado Industries factored receivables with a carrying amount of $720000 to Sandhill Company. Sandhill Company assesses a finance charge of 4% of the receivables and retains 6% of the receivables. Relative to this transaction, you are to determine the amount of loss on sale to be reported in the income statement of Coronado Industries for February. Assume that Coronado factors the receivables on a with recourse basis. The recourse obligation has a fair value of $3500. The loss to be reported is $28800. $32,300. $75,500. $43,200
Factoring receivables can be a way for companies to quickly convert their accounts receivable into cash. In this scenario, Coronado Industries factored receivables with a carrying amount of $720,000 to Sandhill Company. However, there are additional costs associated with factoring, including finance charges and retention fees. Sandhill Company assesses a finance charge of 4% of the receivables and retains 6% of the receivables. As a result, the amount of cash that Coronado receives is less than the carrying amount of the receivables.
To determine the amount of loss on sale to be reported in the income statement of Coronado Industries for February, we need to consider the recourse obligation and any other costs associated with the factoring. In this case, Coronado factors the receivables on a with recourse basis. The recourse obligation has a fair value of $3,500, which means that Coronado is still responsible for any unpaid debts if the debtor defaults.
After considering all costs and obligations, the loss to be reported in the income statement of Coronado Industries for February is $43,200. This represents the difference between the carrying amount of the receivables and the amount of cash received, plus any other fees and obligations. It is important for companies to carefully consider the costs and benefits of factoring receivables before making a decision.
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Consider the same exchange economy from the previous question. Which of the following represent the equilibrium outcome
The only option that represents the equilibrium outcome is (c).
the equilibrium outcome in an exchange economy is the allocation of goods and prices that satisfies the following two conditions:
1. market clearing: the total quantity of each good demanded equals the total quantity of each good supplied.
Only option (c) satisfies both of these conditions. in option (c), the total quantity of each good demanded equals the total quantity of each good supplied. additionally, no consumer can be made better off without making another consumer worse off. this is because each consumer is consuming the bundle of goods that gives them the highest possible utility, given the prices of the goods.
the other options do not satisfy both of the conditions for equilibrium. option (a) does not satisfy the market clearing condition, as the total quantity of good 1 demanded is greater than the total quantity of good 1 supplied. option (b) does not satisfy the optimality condition, as consumer 1 could be made better off by consuming more of good 2, without making consumer 2 worse off. option (d) does not satisfy either of the conditions for equilibrium, as it does not represent an allocation of goods and prices.
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Consider the same exchange economy from the previous question. Which of the following represent the equilibrium outcome?
(p, xA1, xA2, xB1, xB2)
(a) (3,6,4,2)
(b) (2,4,6,2)
(c) (4,2,4,6)
(d) (6,2,4,2)
A bank manager lends a client $1,000,000 for six months. The corporate borrower repays $1,050,000 in six months. The bank charges a $1,000 fee to set up the loan. What is the EAR or effective annual rate on the loan?
The Effective annual rate on the loan are 5.0625%.
The EAR or effective annual rate on the loan is the annual rate of interest that accounts for the effects of compounding.
In this case, the bank manager lends a client $1,000,000 for six months and the corporate borrower repays $1,050,000 in six months. The bank also charges a $1,000 fee to set up the loan.
To calculate the EAR, we need to use the following formula:
EAR = (1 + r/n)^(n) - 1
Where r is the annual interest rate, and n is the number of compounding periods per year.
In this case, r = ($1,050,000 - $1,000,000)/$1,000,000 = 0.05 or 5%
And n = 2, since the loan is for six months and there are two six-month periods in a year.
Plugging in the values into the formula, we get:
EAR = (1 + 0.05/2)^(2) - 1
EAR = 1.025^2 - 1
EAR = 1.050625 - 1
EAR = 0.050625 or 5.0625%
Therefore, the EAR or effective annual rate on the loan is 5.0625%.
It is important to note that the $1,000 fee is not included in the calculation of the EAR, as it is a one-time charge and not part of the interest rate.
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Which of the following does a life insurance policy summary normally include?
A) The policy's cash value
B) Agent's report
C) Policyowner's MIB report
D) Stated beneficiary
Answer:A
Explanation:The policy’s cash value
Autocratic managers tend not to _____.
Answer:
Autocratic managers don't entertain any suggestions or consider initiatives from subordinates. This style of management is effective for quick decision making but is generally not successful in fostering employee engagement or maintaining worker satisfaction.
Explanation:
or placing trade restrictions on other countries to shield domestic industries from
competition, takes many forms.
are taxes imposed on imported goods and services.
place limits on the amount of a good that can be imported from a particular country.
Early in the twentieth century, the United States imposed
Y agricultural
goods. While this measure protected US farmers, it caused European governments to impose
tariffs
on US products. Heavy tariffs on imports led to a drastic decline in international trade, which further weakened the
global economy and aggravated the Depression.
Today, some US workers believe the government should
protectionism to protect their industries from
foreign competition and prevent job
in the United States. This thought is shared by
some business owners as well.
Answer: protectionism, tariffs, quotas, tariffs, European,
retaliatory, increase, cheaper, losses
Explanation: Plato / Edmentum
Suppose an industry has 8 firms. The top four firms have market share of 15% each and rest of the firms have market share of 10%. This industry is classified as (based on Four-firms’ concentration ratio) __________
A) Oligopoly
B) Monopoly
C) Monopolistic Competition
D) Pure Competition
Based on the given information, the industry can be classified as an oligopoly.
Oligopoly is a market structure characterized by a small number of large firms dominating the industry. In this case, there are 8 firms in total, with the top four firms each having a market share of 15%. The fact that a small number of firms hold a significant market share indicates a concentrated market with substantial market power held by these leading firms.
In contrast, a monopoly refers to a market structure with only one dominant firm that has exclusive control over the industry. Monopolistic competition is a market structure characterized by many firms competing with differentiated products. Pure competition, also known as perfect competition, involves a large number of small firms producing homogeneous products.
Since the given industry has a small number of large firms with significant market shares, it aligns with the characteristics of an oligopoly. Therefore, the correct answer is A) Oligopoly.
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Calculate the range of potential annual returns if you invested 10% in bonds and 90% in stocks. How does this compare with the range of potential annual returns if you invested 10% in stocks and 90% bonds?
Answer:
From the graph, if you invest 10% in bonds and 90% in stocks, the range of potential return is given as +49.8% to -39.0% with a average of 9.9% whereas if investment is made by 10% in stocks and 90% in bonds, then the range of annual returns would become +31.2% to -8.2% with a average of 6%. Therefore, as the investment in stocks increases the average annual returns also increase.
Explanation:
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Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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Pennewell publishing inc. (pp) is a zero growth company. it currently has zero debt and its earnings before interest and taxes (ebit) are $80,000. pp's current cost of equity is 10%, and its tax rate is 40%. the firm has 10,000 shares of common stock outstanding selling at a price per share of $48.00. refer to the data for pennewell publishing inc. (pp). pp is considering changing its capital structure to one with 30% debt and 70% equity, based on market values. the debt would have an interest rate of 8%. the new funds would be used to repurchase stock. it is estimated that the increase in risk resulting from the added leverage would cause the required rate of return on equity to rise to 12%. if this plan were carried out, what would be pp's new value of operations?
a. $484,359
b. $521,173
c. $584,653
d. $560,748
e. $487,805
Answer:
The pp's new value of operations would be $487,805. The right answer is e
Explanation:
According to the given data we have the following:
ke=12%
kd=8%
wd=30%
we=70%
To calculate the pp's new value of operations we would have to calculate the WACC as follows:
WACC=we*ke+wd*kd*(1-t)
WACC=70%*12%+30%*8%*(1-0.4)
WACC=9.84%
Therefore, pp's new value of operations=EBIT(1-t)/WACC
=$80,000(1-0.4)/9.84%
=$487,805
The pp's new value of operations would be $487,805
who is elon musk......
Answer:
Elon Musk FRS an entrepreneur and business magnate. He is the founder, CEO, and Chief Engineer at SpaceX; early stage investor, CEO, and Product Architect of Tesla, Inc.; founder of The Boring Company; and co-founder of Neuralink and OpenAI. A centibillionaire, Musk is one of the richest people in the world.
Q Internal Cost Social Cost P 100 $40 $60 $80 200 $50 $70 $70 300 $60 $80 $60 400 $70 $90 $50 500 $80 $100 $40 600 $90 $110 $30 The market equilibrium occurs where price is ________ and quantity is ________.
Based on the table, we can infer that the equilibrium price for the market would be $60 and the equilibrium quantity would be 300 units.
Where does the market equilibrium occur?The market equilibrium would be at the point where the internal cost is equal to the price.
This point as shown on the table, is when the internal cost is $60.
The quantity at this point is 300 units which makes it the equilibrium quantity with a price of $60.
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Banks have operated under the belief that big banks would not be allowed to fail, as this would endanger the broader economy. This has led banks to take on added risk. This concept is known as
A) Collateralization
B) Gresham’s Law
C) Moral Hazard
D) Risk/Return Paradigm
Banks have operated under the belief that big banks would not be allowed to fail, as this would endanger the broader economy. This has led banks to take on added risk. This concept is known as C. Moral Hazard.
In banking, Moral Hazard refers to the concept that occurs when one party is inclined to take more risks due to the likelihood that they will be protected against the negative consequences of such risks by a third party.In the financial system, the third party who offers the protection is typically the government.
The protection is often in the form of a bailout, which is a rescue plan for a corporation that is on the verge of bankruptcy or insolvency. This kind of protection allows financial institutions to take on excessive risks, knowing that the government will intervene if things do not go as planned.
Therefore, Moral Hazard leads to the problem of the risk-return trade off in financial decision-making.
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The number of dependents that people are choosing to have is ?
O decreasing
O increasing
Current demographic trends show that the number of dependents that people choose to have is Decreasing.
What is the trend in dependants?A general trend that has been noticed in recent years is that people are choosing to have less dependants such as children.
The top reasons for this include more education and increased economic hardship.
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According to Keynesian theory, what is the most important determinant of households' spending on goods and services
A) Autonomous consumption
B) Government spending
C) The price level
D) The interest rate
E) Disposable income
Those who manage the work on the front lines are most involved with what component of the planning process?.
Those in charge of monitoring action on the front lines typically handle the operational planning element of the planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year
What is more about planning process.Planning is the act of dividing one's thoughts into manageable steps. Planning is divided into four primary categories: strategic, tactical, operational, and contingency planning. To determine their goals and objectives, organizations use the strategic planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year. It frequently has connections to finance agreements and, in a broader sense, to the organization's strategic objective.
A manufacturer developing a plan to increase sales by 30% is an example of operational planning.
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agnes pays state income tax equal to 3.75% of her federal taxable income. she pays federal income tax equal to 28.4% of her federal taxable income. this year, she paid $15,449.60 in federal income tax. how much did agnes pay in state income tax?
Based on the information the amount that Agnes paid as state income tax is $2,040.
First step is to calculate Agnes federal taxable income
Federal taxable income=$15449.60/0.284
Federal taxable income= $54,400
Second step is to calculate Agnes state income tax
State income tax=0.0375 ×$54,400
State income tax=$2,040
Inconclusion the amount that Agnes paid as state income tax is $2,040.
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How are accrued salaries recorded?
Accrued salaries are recorded as liabilities. Accrued salaries refer to the salaries earned by employees but not yet paid by the employer.
Companies must record these salaries as a liability on their balance sheet. This is because the company is legally obligated to pay the salaries to the employees, even if they have not yet been paid.
Accrued salaries are recorded when the work has been performed and the salaries are due, but the payment has not yet been made.
Accrued salaries are typically reported as a current liability on the balance sheet, and the amount is reported as an expense in the income statement.
Accrued salaries must be paid on time and in full to prevent any potential legal issues.
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Which is the best example of someone growing their network while in high
-school?
Answer:
b.planning times and meeting
Explanation:
Conduct research on cases and issues in global trade. What types of businesses are best suited for doing business online?
Why? What type of issues might an online business deal with in the global market?
Operating a business online entails dealing with technical obstacles, security concerns, and consumer distrust.
Research based problem:While you can avoid or at least mitigate these difficulties, it's critical for company owners to keep an eye on prospective concerns in order to avoid big calamities.
Because the main providers they provide are information-based, professional service based firms are well-suited for the Internet.
Because the provision of these services necessitates the provider's physical presence, a household chores or lawn maintenance service company is not well suited for the Internet.
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Chromatica Manufacturing Company reported the following year-end information: beginning work in process inventory, $90861; cost of goods manufactured, $850078; beginning finished goods inventory, $82795; ending work in process inventory, $83970; and ending finished goods inventory, $65513. How much is Chromatica's cost of goods sold for the year?
The Chromatica's cost of goods sold is of $912,360 while beginning work in process inventory, $90861; cost of goods manufactured, $850078; beginning finished goods inventory, $82795; ending work in process inventory, $83970; and ending finished goods inventory, $65513.
To calculate the cost of goods sold for the year, we need to use the following formula:
Cost of Goods Sold = Beginning Finished Goods Inventory + Cost of Goods Manufactured - Ending Finished Goods Inventory
Substituting the given values in the formula, we get:
Cost of Goods Sold = $82795 + $850078 - $65513
Cost of Goods Sold = $912360
Therefore, Chromatica Manufacturing Company's cost of goods sold for the year is $912360.
It's important to note that the cost of goods sold represents the total cost incurred by a company to produce and sell the goods during the year. This includes the cost of materials, labor, and overhead expenses that are directly associated with the production process. By deducting the cost of goods sold from the total revenue, a company can determine its gross profit for the year.
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What does competetive advantage mean?
Answer:
a condition or circumstance that puts a company in a favourable or superior business position.
Answer:
a condition or circumstance that puts a company in a favorable or superior business position.
Explanation:
At taste of thyme coffee shop a dirty chai latte creates a profit point of $2.85 for a small and $3.80 for a large. in a month, 200 small lattes were sold and 285 large lattes. as a fast growing demand item with fall approaching, the demand is estimated at 400 and 420 per month. the allotted machine time for both lattes is 90 hours. the amount of machine time needed to produce the lattes is 5 minutes and 7 minutes each or for a month, 16.67 hours a month for a small and 33.25 hours a month for a large. what is the corresponding parameters formulation for machine time
Sophocles' purchase decisions illustrate how the rule of demand is used in economics.Consumers will demand fewer units of a commodity at a higher the law of demand price, according to the law of demand, a tenet of economics.
Demand is determined by the marginal utility law of diminishing value, which holds that consumers utilise economic goods to initially satisfy their most urgent needs.
The total machine time allocated for the two lattes is 90 hours due to the market's overall volume demand.A market demand curve represents the amount of machine time required to generate consumers at each price. Price changes do not by themselves result in an increase or decrease in demand, despite the fact that they might be viewed as movement along one demand curve. The nature and extent of demand may fluctuate in response to adjustments in consumer behaviour, income levels, or associated economic factors.
Complete question:
A dirty chai latte costs $2.85 for a small and $3.80 for a large at taste of thyme coffee shop. 200 little lattes and 285 big lattes were sold in a single month. With autumn rapidly approaching, demand for this item is predicted to climb by 400 to 420 percent monthly. For both lattes, the machine time permitted is 90 hours. Lattes require 5 minutes and 7 minutes of machine time apiece, or 16.67 hours and 33.25 hours respectively, to manufacture one small and one large. What is the machine time associated parameters formulation?
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At December 31, 2017, Mallory, Inc., reported in its balance sheet a net loss of $12 million related to its postretirement benefit plan. The actuary for Mallory at the end of 2018 increased her estimate of future health care costs. Mallory's entry to record the effect of this change will include: Group of answer choices A debit to Post-retirement benefit expense and a credit to APBO. A debit to Loss-OCI and a credit to APBO. A debit to APBO and a credit to Loss-OCI. A debit to Post-retirement benefit expense and a credit to Loss-OCI.
Answer:
A debit to Loss-OCI and a credit to APBO
Explanation:
When the net loss is reported on the balance sheet with respect to the postretirement benefit plan also the cost of the future health care is rise so the impact of the change would be that the other comprehensive income i.e. OCI would be debited while on the other hand the accumulated post benefit obligation would be credited
therefore the second option is correct