Year Beginning-of-Year Price Dividend Paid at Year-End 2007 $ 260 $ 6 2008 $ 270 $ 6 2009 $ 250 $ 6 2010 $ 255 $ 6 An investor buys 3 shares of XYZ at the beginning of 2007, buys another 2 shares at the beginning of 2008, sells 1 share at the beginning of 2009, and sells all 4 remaining shares at the beginning of 2010. 1: What are the arithmetic and geometric average time-weighted rates of return for the investor? (Round your answers to 2 decimal places. Omit the "%" sign in your response.) 2: (a) What is the dollar-weighted rate of return? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "%" sign in your response.) Rate of return % (b) Prepare a chart of cash flows for the four dates corresponding to the turns of the year for January 1, 2007, to January 1, 2010. (Negative amounts should be indicated by a minus sign. Omit the "$" sign in your response.) Year Cash flow 2007 $ 2008 $ 2009 $ 2010 $
Answers
Arithmetic average time-weighted rate of return: 4.46%
Geometric average time-weighted rate of return: 4.30%
(a) Dollar-weighted rate of return: -10.19%
(b) Year Cash flow
2007 $780
2008 $540
2009 -$255
2010 -$1,020
The investor bought 3 shares of XYZ at the beginning of 2007 for $780, 2 more shares at the beginning of 2008 for $540, then sold 1 share at the beginning of 2009 for $255. The investor then sold the remaining 4 shares at the beginning of 2010 for $1,020. The arithmetic and geometric average time-weighted rates of return of the investor were 4.46 and 4.30%, respectively. However, the dollar-weighted rate of return was -10.19%. This was primarily due to the investor selling 1 share at a lower price than what they paid for it. This shows the importance of timing when it comes to investing, as it is more beneficial to sell when the price is higher.
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Related Questions
If you expect the inflation rate to be 12 percent next year and a one-year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is:.
Answers
The real interest rate of the bond is -5%.
What is the real interest rate?
Real interest rate is the nominal interest rate less inflation. The real interest rate has been adjusted for inflation. It represents the real rate of return on an investment when inflation has been adjected for.
What is the real interest rate of the bond?Real interest rate = nominal interest rate - inflation.
7% - 12% = -5%
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When can a mixed economy develop?
Answers
A mixed economy can develop when a country experiences a combination of market-based mechanisms and government intervention in its economic activities.
It occurs when the government regulates certain aspects of the economy, such as taxation, trade, and labor laws, while leaving other aspects, such as consumer choice and private investment, to be determined by the market.
This type of economy balances the benefits of capitalism, such as competition and innovation, with the stability and social welfare provided by government intervention. It aims to create a more stable and equitable economy by ensuring that resources are distributed fairly, while still allowing for growth and prosperity.
In short, a mixed economy can develop when a country seeks to balance the benefits of a market-based system with the stability and social welfare provided by government intervention.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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¿Cómo podría Wal-Mart mejorar su estrategia de marketing para atraer a los grandes consumidores potenciales de este sector en los mercados internacionales?
Answers
Answer:
Para poder atraer grandes consumidores potenciales del sector de retail en los mercados internacionales, Walmart tendría que focalizarse en 3 tareas específicas:
1- Por un lado, invertir en publicidad en los lugares en los que desee aumentar su rendimiento comercial, para poder dar a conocer su marca y atraer a nuevos clientes, ingresando así a mercados en los que hasta ahora no tiene presencia.
2- Además, debe lógicamente invertir en relocalizar muchos de sus centros de distribución a esos nuevos mercados, para así poder facilitar la distribución de los productos que comercializa en los nuevos territorios.
3- Por otra parte, debe garantizar un acceso al comercio electrónico, para poder así proveer a los consumidores los mismos bienes que ofrece en los Estados Unidos, pero en sus territorios de origen.
The first law of demand
states
Answers
Answer:
The law of demand states that the quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.
Explanation:
I honestly have no explanation, my high school friend told me and he learned this a LONG time ago.On the first day, to be exact.
Jacob works part-time as a cashier at a drug store. His gross pay for the year
was $8,000. Based on his income level, the federal tax rate he'll need to pay is
10%. For his state taxes, Jacob will need to pay 5% and the FICA rate is
7.65%. What is Jacob's net pay for the year?
A. $1,812
B. $7,200
C. $6,188
D. $6,988
Answers
Answer:
Option C
Explanation:
Gross Salary of Jacob = $ 8000
Federal tax paid by him = 10% of $8000 = $800
State tax = 5% of $8000 = $400
FICA rate = 7.65% of $8000 = $612
Net Pay of Jacob = $ 8000 - $800 -$400-$612
= $6188
Hence, option C is correct
Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods The units of an item available for sale during the year were as follows: Jan. 1 Inventory 17 units at $30 $510 Aug. 13 Purchase 19 units at $33 627 Nov. 30 Purchase 7 units at $35 245 Available for sale 43 units $1,382 There are 26 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using the (a) first-in, first-out (FIFO) method; (b) last-in, first-out (LIFO) method; and (c) weighted average cost method (round per-unit cost to two decimal places and your final answer to the nearest whole dollar). a. First-in, first-out (FIFO) $fill in the blank 1 Incorrect b. Last-in, first-out (LIFO) $fill in the blank 2 c. Weighted average cost
Answers
(a) under the FIFO method, the inventory cost is: $1,382, (b) under the LIFO method, the inventory cost is: $1,382, (c) under the weighted average cost method, the inventory cost is: $1,382.
To calculate the inventory cost using the FIFO, LIFO, and weighted average cost methods, we need to determine the cost of the units sold and the cost of the units remaining in inventory.
Given information: Jan. 1 Inventory: 17 units at $30 = $510, Aug. 13 Purchase: 19 units at $33 = $627, Nov. 30 Purchase: 7 units at $35 = $245, Total available for sale: 43 units, total cost = $1,382, Physical inventory at Dec. 31: 26 units
(a) FIFO method:
Under the FIFO method, we assume that the first units purchased are the first ones sold.
Units sold: The units sold during the year consist of the Jan. 1 inventory (17 units) and the August 13 purchase (19 units), totaling 36 units.
The cost of units sold:, Jan. 1 Inventory: 17 units * $30 = $510, Aug. 13 Purchase: 19 units * $33 = $627, Total cost of units sold = $510 + $627 = $1,137
Units remaining in inventory: Total available for sale: 43 units, Units sold: 36 units, Units remaining in inventory = 43 units - 36 units = 7 units
The cost of units remaining in inventory: Nov. 30 Purchase: 7 units * $35 = $245
Therefore, under the FIFO method, the inventory cost is: (a) FIFO method: $1,137 (cost of units sold) + $245 (cost of units remaining) = $1,382.
(b) LIFO method: Under the LIFO method, we assume that the last units purchased are the first ones sold.
Units sold: The units sold during the year consist of the November 30 purchase (7 units) and the August 13 purchase (19 units), totaling 26 units.
The cost of units sold: Nov. 30 Purchase: 7 units * $35 = $245, Aug. 13 Purchase: 19 units * $33 = $627, Total cost of units sold = $245 + $627 = $872
Units remaining in inventory: Total available for sale: 43 units, Units sold: 26 units, Units remaining in inventory = 43 units - 26 units = 17 units
The cost of units remaining in inventory: Jan. 1 Inventory: 17 units * $30 = $510
Therefore, under the LIFO method, the inventory cost is: (b) LIFO method: $872 (cost of units sold) + $510 (cost of units remaining) = $1,382.
(c) Weighted average cost method: Under the weighted average cost method, we calculate the average cost per unit based on the total cost and total units available for sale.
Calculate the total cost: Jan. 1 Inventory: 17 units * $30 = $510, Aug. 13 Purchase: 19 units * $33 = $627, Nov. 30 Purchase: 7 units * $35 = $245, Total cost = $510 + $627 + $245 = $1,382
Calculate the total units available for sale: Total available for sale = 43 units
Calculate the average cost per unit: Average cost per unit = Total cost / Total units available for sale, Average cost per unit = $1,382 / 43 units = $32.14 (rounded to two decimal places)
Units remaining in inventory: Total available for sale: 43 units, Units sold: 26 units, Units remaining in inventory = 43 units - 26 units = 17 units
The cost of units remaining in inventory: Units remaining in inventory * Average cost per unit = 17 units * $32.14 = $546.38 (rounded to two decimal places)
Therefore, under the weighted average cost method, the inventory cost is: (c) Weighted average cost method: $1,382 (total cost) for both units sold and units remaining in inventory.
Summary:
(a) FIFO method: $1,382
(b) LIFO method: $1,382
(c) Weighted average cost method: $1,382
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Richard owns Scholars Apartment House. His ownership rights include the right to sell or give away the property without restriction, as well as to use the property for whatever purpose he sees fit. His ownership interest is
Answers
Based on his degree of ownership rights, then, his ownership interest is a fee simple absolute
Fee simple absolute means an absolute ownership of land whereby the owner may do whatever he chooses to do with the land.
Because of his ownership rights that include the right to sell or give away without restriction and to use the property for whatever purpose he sees fit, then, his ownership interest is a fee simple absolute
Therefore, the Option A is correct.
Missing Options includes "a. a fee simple absolute. b. an easement. c. the right to adverse possession. d. the power of eminent domain."
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According to the Plaintiffs (Schwarck) , what was the product defect at the center of the case?
According to the Defendant (Arctic Cat, Inc.), why was this not a product defect?
Why did the court conclude that this case should be submitted to a jury for trial? Explain.
Regarding the alarm, do you personally believe there was a product defect - why or why not
Answers
According to the Plaintiffs (Schwarck), the product defect at the center of the case was a malfunctioning alarm system. They alleged that the alarm system did not perform its intended function, which was to prevent theft or provide adequate security for the vehicle.
On the other hand, according to the Defendant (Arctic Cat, Inc.), the alarm system was not considered a product defect. They argued that the purpose of the alarm system was not for theft prevention or security but rather as a notification system to alert the user when the vehicle was in motion. Arctic Cat, Inc. contended that the alarm system was designed and marketed accordingly.
The court concluded that this case should be submitted to a jury for trial due to the conflicting arguments presented by both parties. In cases where there are disputes regarding product defects, it is the role of the court to assess the evidence, evaluate legal standards, and determine whether the case should proceed to trial. In this instance, the court likely recognized that there were significant factual and legal issues to be resolved, such as the design intent and the reasonable expectations of the alarm system's performance.
Regarding the personal belief about whether there was a product defect in the alarm system, it is challenging to form an opinion without access to specific details and evidence. Assessing a product defect requires a comprehensive analysis of various factors, including the intended use, design specifications, and performance standards. As an AI language model, I don't possess personal beliefs, but it is best for the court and the jury, who have access to all relevant information and expertise, to make a well-informed decision based on the evidence presented during the trial.
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FILL THE BLANK. in a surety bond relationship, the __________ is the party whose performance is promised or guaranteed.
Answers
In a surety bond relationship, the principal is the party whose performance is promised or guaranteed.
A surety bond is a legal agreement between three parties: the principal, the surety, and the obligee. The principal is the party whose performance or obligations are guaranteed by the surety through the bond.
The principal is the party that has a duty or obligation to perform a specific task, fulfill a contractual agreement, or meet certain requirements. They are typically the party seeking the bond as a way to provide assurance to the obligee that they will fulfill their obligations.
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A CARTEL IS DEFINED AS A FORMAL ORGANIZATION OF PRODUCERS THAT AGREE TO COORDINATE PRICES & PRODUCTION.
OPEC is an organization that comprises the world's most important oil-producing nations.
Research this and explain how OPEC fulfills the characteristics of a cartel.
Answers
Answer:
cartel - an agreement by a formal organization of producers to coordinate prices and production
Explanation:
Who are the OPEC plus countries?
Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
Member: Iran, Iraq, Ecuador
Place founded: Baghdad
According to quantity theory of money, if velocity is assumed to
be constant, but no other assumptions are made, the level of ______
is determined by M.
A real income
B real GDP
C prices
D nominal GDP
Answers
According to the quantity theory of money, if velocity is assumed to be constant, but no other assumptions are made, the level of prices is determined by M. Option C is correct.
According to the quantity theory of money, if velocity is assumed to be constant, but no other assumptions are made, the level of prices is determined by M. In the context of the quantity theory of money, M represents the money supply. In general, the quantity theory of money postulates that the level of prices in an economy is directly proportional to the money supply. In other words, if the money supply increases, then the price level will increase as well, assuming that other factors such as velocity, real income, and real GDP remain constant. In the quantity theory of money, velocity is defined as the number of times that a unit of currency changes hands over a given time period. If velocity is assumed to be constant, then any changes in the price level can be attributed solely to changes in the money supply. Therefore, if the money supply (M) is increased, then the price level will also increase. Conversely, if the money supply is decreased, then the price level will decrease as well. Option C is correct.
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Ronda’s cake store earned $3,750 in total revenue last month when it sold 125 cakes. This month it earned $3,600 in total revenue when it sold 90 cakes. The price elasticity of demand for ronda’s cake store is.
Answers
The price elasticity of demand for Ronda’s cake store is 0.125.
What is the price elasticity of demand?The price elasticity of demand measures the responsiveness of the quantity demanded by a consumer with respect to a specific change in price of the product, all things being equal (ceteris paribus).
Mathematically, the price elasticity of demand can be calculated by using this formula;
Price elasticity of demand = (Q₂ - Q₁)/[(Q₂ + Q₁)/2]/(P₂ - P₁)/[(P₂ + P₁)/2]
Substituting the given parameters into the formula, we have;
Price elasticity of demand = (3750 - 3600)/[(3750 + 3600)/2]/(125 - 90)/[(125 + 90)/2]
Price elasticity of demand = (150)/[(7350)/2]/(35)/[(215)/2]
Price elasticity of demand = [(150/3675)/(35/107.5)]
Price elasticity of demand = 0.0408/0.3256
Price elasticity of demand = 0.125.
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1. A company is creating a new product and must determine how to effectively create the product as well as appeal to the market and target a wide range of customers.
Answers
Answer and Explanation:
One good way to know how to effectively create a product and also target quite a wide range of consumers is to watch out for trends. Through the internet and social media, a producer can tell what product consumers would be ready to buy at a certain period due to the fact that it is what is trending at that time. The producer could go ahead to add new features to the product to make it stand out for potential customers.
.
The information regarding the new product should be explained in the explanation part.
The following information should be considered:
There is one good way for knowing how to effectively develop a product and also there is a wide range of consumers is to watch out for trends.By using the internet and social media, a producer can tell what product consumers would be ready to purchase at a specific period.Learn more: https://brainly.com/question/25300841?referrer=searchResults
governments of ____ countries can encourage trade by minimizing interference with the free exchange of goods and services.
Answers
Answer:
Developing
Explanation:
What type of communication would take the MOST planning?
A an email to a teacher about a late assignment
B a research paper on civil engineering
C a text to friends about an upcoming party
D a response to a discussion question
Answers
Answer: I could be wrong .. so I'm sorry if it is but I think it's B, I will take the test and confirm
Explanation:
sorry if wrong :(
in forecasting a balance sheet is it a positive sign when owners distribution is going down each month?
Answers
In forecasting a balance sheet, a decrease in owner's distributions each month can be a positive sign if it is due to the company retaining more earnings and reinvesting them back into the business, rather than paying out excess cash to owners.
It's crucial to remember, too, that a decline in owner distributions might also be a bad indicator if it results from falling sales or earnings. The owner's dividends may need to be reduced or eliminated if the firm is having financial problems since it may not have enough cash flow to maintain them.
Overall, it's critical to take into account various financial indicators and elements that may have an influence on the company's financial performance and health when estimating a balance sheet, as well as the context and justifications for any changes in owner's distributions.
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1. Do you believe E-sports will continue to grow in the future? Why or why not?
Answers
Answer: I don’t really know but I think it will still be popular and lots of people will still play no matter what
Answer:
In terms of video games, yes. Because, everyone can play videogames, but not everyone can compete in physical sports.
Explanation:
I don't need to give an explanation since it's my opinion. So don't report this answer please...
The marginal principle breaks quantity decisions into iterative decisions that use the...
A. cost-benefit principle
B. opportunity cost principle
C. interdependence principle
D. sunk cost evaluation
Answers
The marginal principle divides decisions about quantity into iterative ones that make use of Cost-benefit analysis. This is frequently applied in business and aids organizations in making choices that are best for all of their stakeholders, including shareholders, clients, and staff.
The idea is that a decision or investment should only be made if the advantages it offers outweigh the disadvantages. Businesses weigh the expected benefits against the costs of each option, including direct costs and indirect costs, when making decisions.
This aids companies in making decisions that are consistent with their overall goals and objectives and maximizing the value of their resources.
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Three friends decide that they each want to be able to buy a new bike in four years. Iliana puts $500 in a savings account with a simple interest rate of 4%. Joann invests $515 in a standard savers account with a simple interest rate of 3%. Cyndy invests $500 in a junior achievers account with a 3. 5% compound interest rate. Using the formula I = P r t for simple interest and A = P (1 r) Superscript t for compound interest, who will have the most money to spend on a new bike at the end of the four years? Joann will have the most money, $576. 80 for the bike Cyndy will have the most money, $580. 00 for the bike. Cyndy will have $576. 80, the most money for the bike. Iliana will have $580. 00, the most money for the bike.
Answers
To solve this problem, we need to use the given formulas for simple interest and compound interest.
For Iliana's savings account with a simple interest rate of 4%, we can use the formula I = P r t, where I is the interest earned, P is the principal amount (initial deposit), r is the interest rate, and t is the time period (in years). Plugging in the values, we get:
I = 500 * 0.04 * 4 = $80
So, at the end of four years, Iliana will have $500 + $80 = $580 to spend on a new bike.
For Joann's standard savers account with a simple interest rate of 3%, we can again use the formula I = P r t. Plugging in the values, we get:
I = 515 * 0.03 * 4 = $61.80
So, at the end of four years, Joann will have $515 + $61.80 = $576.80 to spend on a new bike.
For Cyndy's junior achievers account with a compound interest rate of 3.5%, we need to use the formula A = P (1 + r)^t, where A is the total amount (principal plus interest), P is the principal amount, r is the interest rate (expressed as a decimal), and t is the time period (in years). Plugging in the values, we get:
A = 500 * (1 + 0.035)^4 = $580
So, at the end of four years, Cyndy will have $580 to spend on a new bike.
the correct answer is: Cyndy will have the most money, $580.00 for the bike.
To determine who will have the most money to spend on a new bike at the end of the four years, we need to calculate the future value of their investments using the given formulas for simple interest and compound interest.
1. Iliana:
Simple Interest (I) = P * r * t
I = $500 * 0.04 * 4
I = $80
Total amount (A) = P + I
A = $500 + $80
A = $580
2. Joann:
Simple Interest (I) = P * r * t
I = $515 * 0.03 * 4
I = $61.80
Total amount (A) = P + I
A = $515 + $61.80
A = $576.80
3. Cyndy:
Compound Interest (A) = P * (1 + r)^t
A = $500 * (1 + 0.035)^4
A ≈ $582.07
Based on the calculations, Cyndy will have the most money, $582.07, for the bike at the end of the four years.
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Happy Trails, Inc. manufactures railway coaches and uses the FIFO method of process costing to record costs. The WorkminusinminusProcess Inventory of the Heating Department on October 1 was 73% complete for materials and 23% complete for conversion costs. On October 31, its ending WorkminusinminusProcess Inventory was 80% complete for materials and 43% complete for conversion costs. This means that for the ending inventory, ________% of the materials and ________% of the conversion costs were added during October.
Answers
Answer:
80 % of materials ; 43 % of conversion costs
Explanation:
The FIFO method traces equivalent units for materials and conversion costs for the following categories :
Opening Work in Process unitsUnits started and completedEnding Work in Process unitsSo the units not completed from last months are the first to be completed during the month (hence To finish Opening Work in Process). During the year there are units started and completed (hence Units Started and Completed) and units started that never gets completed (hence Ending Work in Process units).
All these physical units need to be expressed to the percentage of work done on them - equivalent units.
The question is focusing on Number 3 - Ending Work in Process units. So 80 % of materials and 43 % of conversion costs were added during October for these units.
At Jan. 1, 2021, the revaluation surplus of Thompson was P1,257,000. This was in respect of the entity's head office. During the year to Dec. 31, 2021, the value of the head office increased by a further P82,000. In the same period, the entity's factory suffered an impairment of P90,000.
What is the balance of the revaluation surplus at Dec. 31, 2021?
a. P1,339,000
b. P1,167,000
c. P1,249,000
d. P1,257,000
Complete Solution and please explain
Answers
The balance of the revaluation surplus at December 31, 2021, is P1,339,000.
To calculate the balance of the revaluation surplus at December 31, 2021, we need to consider the initial revaluation surplus, any additional revaluation during the year, and any impairments suffered.
Initial revaluation surplus (Jan. 1, 2021) = P1,257,000
Increase in head office value during the year = P82,000
Impairment of the factory = P90,000
To calculate the balance of the revaluation surplus at December 31, 2021, we need to sum up the initial revaluation surplus, the increase in head office value, and then subtract the impairment of the factory.
Balance of the revaluation surplus = Initial revaluation surplus + Increase in head office value - Impairment of the factory
Balance of the revaluation surplus = P1,257,000 + P82,000 - P90,000
Balance of the revaluation surplus = P1,339,000
Therefore, the balance of the revaluation surplus at December 31, 2021, is P1,339,000.
The correct answer is option a. P1,339,000.
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discuss the steps of growing mushrooms
not a too long answer
Answers
Answer:
The Pennsylvania State University,
College of Agriculture, Extension Service,
University Park, Pennsylvania
Mushroom farming consists of six steps, and although the divisions are somewhat arbitrary, these steps identify what is needed to form a production system.
The six steps of mushroom farming:
Phase I
1. Composting
Phase II
2. Composting
3. Spawning
4. Casing
5. Pinning
6. Cropping
Kim has worked in the tech industry for some time and would like to start consulting. in opening her new business, she will need equipment. she needs to purchase 3 laptops, 2 desktop computers, and a fax machine. each laptop costs $546.78, each desktop computer costs $1,255.99, and the cost of the fax machine is $125.99. she currently has $3,500 in her savings account. determine if kim has enough in her savings account to cover the expenses of her new company, and if she doesn't have enough, determine the amount needed to cover the cost.
Answers
After expenses, Kim will need an additional $778.31 to cover the cost and start her new company.
What is an expense?An expense is the cost of operations incurred by a business in order to generate revenue.
It is given in the question that Kim needs to purchase 3 laptops, 2 desktop computers, and a fax machine.
Cost of 1 laptop = $546.78
∴ Cost of 3 laptops = 3×546.78 = $1,640.34
Cost of 1 desktop = $1,255.99
∴ Cost of 2 desktop =2×1,255.99 = $2,511.98
Cost of 1 fax machine = $125.99.
The total cost for Kim =$( 1,640.34+2,511.98+125.99) = $4278.31
As, Kim has $3,500 in her savings account.
The additional amount needed to start business:
$4278.31-$3,500 = $778.31
Therefore, after expenses, Kim will need an additional $778.31 to start her new company.
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Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Answers
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
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Help PLEASE!!!
Joel works as a customer service representative in an electronics store. A customer has a complaint regarding a technical aspect of the computer
he bought from the store two weeks ago. Although Joelis familiar with the specifications of the computer, he is fully equipped to help the
customer with the complaint. Assuming that Joel possesses good customer service skills, which action should he toket
A. use the internet to find the required information and help the customer
B. ask the customer to wait while he has a meeting with his manager
C. help the customer contact the store's engineer who can provide help regarding technical issues
D. ask all members of his staff whether they have a solution to the customer's problem
E. politely tell the customer that nobody could possibly solve the problem
Answers
Answer: C
Explanation: since she is customer support the obvios (god i cant spell sometimes) thing to do is connect them to a engineer who can help them. you could also do process of elimination A: they probaly did search the internet already B: why the manager? wouldnt someone like an engineer have better insight on this? C: Engineers have the most expertise in this area so they can help fix the problem. D: sure this could help but its not as sure as asking the engineer
ANSWER: C
Joel being as a customer service representative in an electronics store shall help the customer contact the store's engineer who can provide help regarding technical issues. Option C is correct.
What is Customer Service Representative?Customers who have inquiries, requests, or concerns regarding goods or services they have received from the business are assisted by a customer service representative.
At every stage of the process, they give priority to the demands of the clients and offer solutions that are tailored to those unique circumstances.
Essential Characteristics of an Outstanding Customer Service Representative has problem-solving abilities. The most important trait for providing outstanding customer service is problem-solving, followed by clear communication, friendliness, empathy, business savvy, goods knowledge, and strong time management.
Thus option c is correct.
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Frank is the expert on the credit pricing process. He knows all the ins and outs. His employees just follow his process and are very efficient. His leadership style is
Answers
Answer:
"Autocratic " is the right answer.
Explanation:
An assign responsibility in which one leader is increasingly together all choices and makes a minimal contribution from several other organizational participants.Throughout circumstances where urgent progress can be made as well as risky or time, unfortunately, the same kind of judgment call seems to be acceptable.The leadership style of Frank is autocratic. Since he is giving orders to his employees without concerning their opinion.
What is autocratic style of leadership?Autocratic style of leadership can be defined as the style of leadership in which an individual control all the decision and there is a little input from the group members. The autocratic leaders barely take advises from the group members or the followers and all the choices and decisions are exclusively based on their ideas and opinions.
In the given case, Frank knows all the ins and out of the process makes his employees just to follow his orders. Therefore the leadership style adapted by Frank is autocratic.
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HELP!
While drilling metal, Ben poured oil over the area. Which best explains why he did this?
Ben was trying to reduce fluid friction.
Ben was trying to reduce kinetic friction.
Ben was trying to increase fluid friction.
Ben was trying to increase kinetic friction.
Answers
Answer:
B. Ben was trying to reduce kinetic friction
Hope it works!
Explanation:
While drilling metal, Ben poured oil over the area, and Ben was trying to reduce kinetic friction. Therefore option B is correct.
What is Kinetic friction?The kinetic friction force, also known as sliding friction, only affects moving objects (thus the term "kinetic"). Pushing a box across floorboards is an example of this force opposing sliding motion. This sort of friction has a particular coefficient of friction (such as rolling friction).
Static friction, which is the resistance to motion brought on by the friction between a motionless item and a surface, is the other main type of friction that occurs between solids. The force of friction is weaker for items that are already moving because the coefficient of static friction is often greater than the coefficient of kinetic friction.
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PLEASE HELP!! I WILL GIVE BRAINLIEST!!!
Your manager has been asked to speak to a community group about an upcoming development project that will be demolishing an old mall and building a mixed-use space with apartments, retail, and office space—a topic that has created some controversy in the community. She’s asked for your help in putting together her presentation. Do you think that a live or virtual presentation would be most effective? Why? What types of multimedia elements do you think would be most engaging? Why?
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Answer:
use both the photos to help with the anwer it cut the photo so you have to go back and forth for the anwer
Introduction Develop an introductory paragraph keeping in mind that research is important when choosing your Stock Market Game portfolio and investing successfully for your own future.
Answers
Equity purchasing and selling decisions are made by investors and traders utilizing stock analysis. Investors and traders can obtain an advantage in the markets and make wise judgments by analyzing and comparing historical and current data. It is crucial to do your research on the stock market before you invest.
What is Stock Market Game?The Stock Market Game is a virtual recreation of the world's capital markets that introduces economics, investing, and personal finance to children in grades 4 through 12. It has helped approximately 20 million kids get ready for a future when they can support themselves financially.
By simulating the stock and bond markets, it introduces young people to investing and saving. Students get access to a $100,000 virtual financial portfolio that they can trade and manage.
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