Your company has been doing well, reaching $1.13 million in earnings, and i considering launching a new product. Designing the new product has already cost $468,000. The company estimates that it will
Answers
The company has an earning of $1.13 million, and designing a new product has already cost $468,000. The company estimates that it will cost $762,000 to manufacture and launch the new product. Should the company launch the new product, taking into consideration the expenses, and earnings so far?
To begin with, we must first add the cost of designing and manufacturing the new product, which totals $468,000 + $762,000 = $1,230,000. Next, we must determine the net profit earned by subtracting the total cost from the total earning. Net profit = $1.13 million - $1.23 million = -$100,000 The net profit is negative, indicating that the company will lose money if it launches the new product. As a result, the company should not launch the new product.
To determine whether a company should launch a new product or not, it is necessary to take into account several factors, including the cost of designing and manufacturing the product, the cost of marketing and launching the product, and the potential earnings from the product. In this scenario, the company has already invested $468,000 in designing the new product, and it estimates that it will cost $762,000 to manufacture and launch the product. However, the total cost of designing and manufacturing the new product comes out to be $1,230,000. The company's earning so far is $1.13 million. Therefore, we can determine that the net profit earned will be negative, -$100,000 if the company decides to launch the new product. Hence, the company should not launch the new product, as it will result in a loss. In this case, it is better to avoid launching the new product, as it will result in a net loss. It is better to concentrate on making improvements in the existing products and services that the company offers.
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Related Questions
Helpp
Tri-county Supply budgets 5% of the previous year's total revenue for utilities. The receipts from
the last year showed revenue of $4,500,000.00 How much will be budgeted for utilities for the
year?
Answers
Answer:
$225,000
Explanation:
The utility budget is 5% of the previous year's total revenue.
The previous year revenue was $4,500,000.00
The utility budget will be 5% of $4,500,000.00
=5/100 x $4,500,000.00
=0.05 x $4,500,000
=$225,000
The value of t_.05,10 in the probability P(t > t.05,10) = 0.05 is a. 1.812 b. 1.372
c. 2.228 d. 1.833
Answers
Based on the information, the value of t_.05,10 in the probability P(t > t.05,10) = 0.05 is d. 1.833
How to explain the probabilityProbability is a measure of the likelihood or chance of an event occurring. It is expressed as a value between 0 and 1, where 0 indicates that an event is impossible, and 1 indicates that an event is certain.
Probability of an event = Number of favorable outcomes / Total number of possible outcomes
In order to find the value of t_.05,10, we need to refer to the t-distribution table or use statistical software. The value t_.05,10 represents the critical value of the t-distribution with 10 degrees of freedom at a significance level of 0.05.
The correct answer is d. 1.833.
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"Development has a negative impact on our environment" Motivate why you agree with the
statement
[8]
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industrial lead to water pollution
How to write a buissness plan of a
salon
Answers
plan out the design, the place of work, the things you need for it and most importantly the budget you have
Answer:
plan out the design on a blueprint and gather some money to help you out. Then organize the price of the electricity bills supplies etc.
Explanation:
What is information that CANNOT be measured and expressed in numbers? Question 1 options: Personal Information Target Market Data Qualitative data Quantitative data
Answers
Answer:
Qualitative data
Explanation:
Qualitative data is one that is used to characterise and categorise attributed of a population, as such it does not involve the use of numbers.
For example sex, state of origin, citizenship, name, and so on.
On the other hand the other options can be expressed as numbers. That is Personal Information, Target Market Data, and Quantitative data.
Basically qualitative data is descriptive rather than quantitative
Not including a warning label about choking hazards on the box of a new toy
is an example of a defect issue.
0
A. marketing
B. warranty
c. manufacturing
o
D. design
Answers
The warning label should inform customers of the risk and offer guidance on how to use the product safely. Thus, option A is correct.
What warning label about choking hazards in marketing?In the US, warning labeling laws must include everything from fall and strangling threats to suffocation hazards and small parts.
This manual provides a succinct explanation of the warning labeling regulations for children's products in the US.
Because of this, the American National Standards Institute mandates that warning labels on products provide the following information: Potential dangers and their seriousness.
Not all items need to carry warning labels, but those that could be harmful or pose a risk to consumers must.
Therefore, marketing is not including a warning label about choking hazards on the box of a new toy is an example of a defect issue.
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Answer: MArketing would be the answer
Explanation: I just took the test
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
PLEASE HELP QUICK!!!
Which of the following is an advantage of buying your home over renting?
(1 point)
O You do not have to worry about the housing market in your area.
O The amount you pay each month is set by the terms of your mortgage.
O If something breaks, you have to fix it or pay to have it fixed.
O Your mortgage payments will far exceed the value of your home.
Answers
Answer:
The amount you pay each month is set by the terms of your mortgage.
Explanation:
connexus
how many patents have been issued in the united states?
Answers
Answer: 399,055 patents hope this helps
Explanation:
fixed expenses definition
Answers
Fixed expenses are expenses that do not vary with changes in a business's level of production or sales.
They are typically long-term costs that a business incurs regardless of how much revenue it generates or how many products it sells. Fixed expenses are also referred to as "overhead" and can include items such as rent or lease payments, salaries, insurance premiums, property taxes, and equipment maintenance costs.
Unlike variable expenses, such as the cost of materials or shipping fees, fixed expenses remain constant over time. This means that the total amount of fixed expenses remains the same, regardless of the level of production or sales.
For a business, it is important to understand and manage its fixed expenses. These expenses represent a regular drain on the company's resources, and any inefficiencies or excess costs can negatively impact the company's bottom line. By keeping fixed expenses under control, a business can improve its profitability and better manage its cash flow.
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impact of lockdown on business
Answers
Explanation:
Impact on lockdown on business It has been very tough time for buisness as far as we know buisness hasnt last long enough and there has been very huge losses.
All of the following are common criteria of employee performance EXCEPTmeeting deadlines.acting in accordance with ethical principles.
Answers
Acting in accordance with ethical principles is not a general measure of employee performance. Here option B is the correct answer.
Employee performance is a critical aspect of any organization, and it can be evaluated using various criteria. Among the most common criteria for employee performance are meeting deadlines, demonstrating expertise in the job role, maintaining positive relationships with colleagues, and acting in accordance with ethical principles.
Meeting deadlines is crucial for ensuring that work is completed on time and that the organization's goals are achieved. Demonstrating expertise in the job role means that the employee has the necessary skills, knowledge, and experience to carry out their duties effectively. Maintaining positive relationships with colleagues is vital for promoting teamwork, collaboration, and a healthy work environment.
Acting in accordance with ethical principles is also an essential criterion for employee performance. It involves ensuring that employees behave ethically and with integrity while performing their duties. This includes treating colleagues, clients, and stakeholders with respect, honesty, and fairness.
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Complete question:
Which of the following is NOT a common criteria of employee performance?
A) Meeting deadlines.
B) Acting in accordance with ethical principles.
C) Maintaining positive relationships with colleagues.
D) Demonstrating expertise in the job role.
The price of a stock is $67.A trader sells 5 put option contracts on the stock with a strike price of $70 when the option price is $4.The options are exercised when the stock price is $69.What is the trader's net profit or loss?
A) Loss of $1,500
B) Loss of $500
C) Gain of $1,500
D) Loss of $1,000
Answers
The trader's net loss is -$34,980, which corresponds to option D) Loss of $1,000.
To determine the trader's net profit or loss, we need to calculate the gains or losses from selling the put options and compare them with the premium received.
The strike price of the put options is $70, and the trader sold 5 put option contracts, so the total contract value is 5 contracts x $70 strike price x 100 shares per contract = $35,000.
When the trader sold the put options, they received a premium of $4 per option. Since there are 5 option contracts, the premium received is 5 contracts x $4 premium per contract = $20.
The options are exercised when the stock price is $69, which is lower than the strike price of $70. In this case, the trader has an obligation to buy the stock at the strike price.
To calculate the net profit or loss, we need to compare the contract value with the premium received and any costs incurred from purchasing the stock.
Since the options were exercised, the trader would need to buy 500 shares (5 contracts x 100 shares per contract) of stock at the strike price of $70, resulting in a cost of $35,000.
The net profit or loss can be calculated as follows:
Net Profit or Loss = Premium Received - Cost of Purchasing Stock
= $20 - $35,000
= -$34,980
So, option D) is correct.
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which is not a type of utilization management? gatekeepers prescription drug review case management pre-admission certification mandatory second surgical opinion
Answers
Gatekeepers, prescription drug review, case management, and pre-admission certification are types of utilization management, while mandatory second surgical opinion is not.
Utilization management is a process used by healthcare organizations to ensure the appropriate and efficient use of medical services. It involves various strategies and techniques aimed at controlling healthcare costs while maintaining quality care.
Among the options listed, gatekeepers, prescription drug review, case management, and pre-admission certification are all types of utilization management.
1. Gatekeepers: Gatekeepers are healthcare professionals, typically primary care physicians, who serve as the first point of contact for patients. They play a role in managing and coordinating access to specialty care and other medical services.
Their involvement helps ensure that patients receive necessary and appropriate care while avoiding unnecessary or duplicative services.
2. Prescription drug review: Prescription drug review is a utilization management strategy that involves assessing and managing the use of medications. It includes activities such as formulary management, prior authorization, step therapy, and medication therapy management.
The goal is to optimize medication utilization, promote cost-effective alternatives, and prevent misuse or overuse of drugs.
3. Case management: Case management is a comprehensive approach to coordinating and managing healthcare services for individuals with complex medical conditions.
It involves assessing patients' needs, developing care plans, coordinating services across different providers, and monitoring outcomes. Case management aims to improve patient outcomes, reduce costs, and enhance the overall quality of care.
4. Pre-admission certification: Pre-admission certification, also known as prior authorization, is a utilization management process that requires obtaining approval from a healthcare insurer before a planned medical service or procedure.
It ensures that the proposed treatment is medically necessary and cost-effective, preventing unnecessary procedures and controlling healthcare expenses.
On the other hand, a mandatory second surgical opinion is not a type of utilization management. While it may be a requirement in certain healthcare systems or for specific procedures, it does not fall under the umbrella of utilization management techniques.
Mandatory second surgical opinion is a policy or practice where patients are required to seek an additional opinion from another surgeon before undergoing certain surgeries.
It aims to provide patients with more information and reduce the potential risks associated with surgical interventions, but it is not directly related to the utilization management process.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
suppose the rate on a corporate bond is 6% and the rate on a municipal bond is 4%. which should you choose? your marginal tax rate is 25%. what is the equivalent tax-free rate for the corporate bond? and which bond should you invest?
Answers
6% is the equivalent tax-free rate for the corporate bond.
A corporate bond has a 6 percent interest rate. A municipal bond has a 4 percent interest rate.
Your marginal tax rate is 25%. A larger after-tax cash flow is offered by a municipal bond if your marginal tax rate is higher than 25%.
Currently, the equivalent tax-free rate (ETFR) is equal to 6 percent (1 - MTR) which equals 6 percent * (1 - 0.25) = 4.5 percent. Select a municipal bond if the real municipal rate is higher than 4.5 percent.
A corporation may issue a bond known as a "corporate bond" to raise funds for a variety of uses, including ongoing operations, mergers, and acquisitions, or business growth. It usually refers to debt instruments with a minimum one-year maturity that is longer-term in nature.
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Suppose you take out a margin loan for $70,000. The rate you pay is an effective rate of 8.8 percent. If you repay the loan in six months, how much interest will you pay
Answers
Answer:The interest you will pay on the margin loan can be calculated using the formula:
Interest = Principal x Rate x Time
Where:
- Principal = $70,000
- Rate = 8.8% per year, or 0.088 per year in decimal form
- Time = 6 months, or 0.5 years in decimal form
Plugging these values into the formula, we get:
Interest = $70,000 x 0.088 x 0.5 = $3,080
Therefore, you will pay $3,080 in interest on the margin loan if you repay it in six months.
Explanation:
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answers
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
A new business is likely to need what bank service(s)? *
Answers
Answer:
Checking Account tell me if i'm wrong
Explanation:
You consider that when organizing as a corporation, you will pay taxes at the corporate level (21% tax rate) and when dividends are distributed to owners (15% tax rate). Instead, you organize as a partnership and pay taxes only at your personal rate (24%). Approximately, how much do you save? (Round to the nearest percent.)
Answers
Answer:
9%
Explanation:
Calculation for how much do you save
Using this formula
Percentage saved=Personal rate -Dividend rate
Let plug in the formula
Percentage saved=24%-15%
Percentage saved=9%
Therefore how much do you save is 9%
The costs per equivalent unit of direct materials and conversion in the rolling department of oak ridge steel company are 180 and 62
Answers
Answer:
Equivalent units of direct materials= $180 per tons
Equivalent units of conversion =$62 per tons
Explanation:
Calculation to Determine the direct materials and conversion costs per equivalent unit.
Using this formula
Equivalent units of direct materials=Cost of direct materials transferred/Total equivalent units for direct materials
Let plug in the formula
Equivalent units of direct materials= $432,000/2,400
Equivalent units of direct materials= $180 per tons
Therefore the direct materials cost per equivalent unit will be $180 per tons.
Calculation for Equivalent units of conversion using this formula
Equivalent units of conversion=Conversion cost /Total equivalent units for Conversion
Let plug in the formula
Equivalent units of conversion=$144,150/2,325
Equivalent units of conversion= $62 per tons
Therefore the conversion cost per equivalent unit will be $62 per tons.
cassandra works as a waitress at a diner. she typically brings home about $45/week in tips. in many states, her employer is allowed to pay her
Answers
Cassandra works as a waitress at a diner. she typically brings home about $45/week in tips. in many states, her employer is allowed to pay her just $2.13 an hour.
What is a tip?Gratuity, often known as a tip, is money that customers frequently pay to certain service industry employees, such as those in the hotel industry, in addition to the basic service fee for the work they have completed.
When you leave a tip for someone, like a waiter at a restaurant, you are saying thank you for their assistance.
According to TableAgent, the general rule of thumb or tipping etiquette is to leave 15% for service you consider "average," and 20% if the service you experienced was above average. Feel free to offer even more feedback if you thought the service was exceptional.
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81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is participating in: A) price fixing B) price discrimination C) psychological pricing D) predatory pricing E) bait and switch.
Answers
Answer:
E) bait and switch
Explanation:
BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.
Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.
What does the St stand for in the formula to calculate moving averages of sales forecasting?
Formula:
Ft+1=(St+St+St-2+...+St-N-1/N)
Answers
True or false is April 15th is an important date for people who have a job.
Answers
Answer:
true
Explanation:
its Tax Day so they are very busy
the first and foremost function of management is . a. planning b. organising c. controlling d. coordination
Answers
The first and most important function of a management solution is planning.
With an example, what really is planning in the management function?Planning: This step entails planning out precisely how and where to achieve a specific goal. Assume that the organization's objective is to boost company sales. The manager must first determine which steps are required to achieve the goal. Among these steps could be increased trying to advertise, inventory, & sales staff.
What are the four management functions of planning?This vision and goal-setting, as well as the work of developing a plan to achieve those goals, are all part of the planning function. They identify business issues, work on long-term initiatives (including growth plans, corporate goals, and business forecasting), and make decisions which it move the company forward.
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When a fire sale occurs? a. uncertainty is reduced. b. banks may become insolvent. c. financial frictions are low. d. adverse selection and moral hazard are reduced.
Answers
Banks might go bankrupt after a fire sale.
Selling items or assets at steep discounts is known as a fire sale. The term "fire sale" originally referred to the sale at a discount of items that had been burned down. A fire sale can be a chance for investors. These days, the term is more frequently used to describe any sale where the seller is in financial difficulty. For value investors, securities that are being sold at a steep discount may present an attractive risk-reward trade-off because the downside danger may be low and the upward potential is high. The decision to buy assets during a fire sale presents a problem for investors.
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which of these transactions types increase how much you owe the credit card company
Answers
Answer:
hope it is helpful to you
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Where are the industrial centers in the united states?
Answers
The major industrial centres in the united states are:-
(i) Southern New England
(ii) Mid-Atlantic States
(iii) Pittsburgh-Lake Erie Region
(iv) Detroit Industrial Region
(v) Lake Michigan Region
(vi) Southern Appalachian Region
(vii) Eastern Texas
Where are the industrial centres in the united states?
The industrial centres of the Middle West and of the Pacific coast are more recent.
The North American continent has many great industrial centres and a few industrial regions. This is partly the consequence of the widespread nature of the resources of the continent, and partly because of the late date at which industrialisation took place.
The development of transport facilities and in recent years the generation and transmission of hydroelectric power have tended to cut industry adrift from the coalfields It is now having few areas of large-scale concentration.
More modern industrial hubs can be found on the Pacific coast and in the Middle West.
There are a few industrial regions and several excellent industrial hubs on the continent of North America. The vast nature of the continent's resources and the later-than-expected timing of industrialization are both contributing factors to this.
The industry has tended to become dispersed from the coalfields due to the development of transportation infrastructure and, more recently, the generation and transmission of hydroelectric power. There are now just a few big concentrations of it.
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document creation is a key business function because
Answers
Document creation is a key business function because it is essential for managing, archiving, and sharing important information.
Documents play an important role in business today, from managing customer records and sales invoices to tracking employee activities, to creating contracts and agreements. Documents are used for a variety of purposes, such as providing evidence of compliance with government regulations, facilitating communication between different departments, and forming a basis for decision-making.
The ability to create, edit, and store documents is a key part of any business’s operations. Document creation can help streamline processes, increase efficiency, and improve customer service. It can also help organizations save money by reducing the amount of manual labor required to perform tasks. Additionally, document creation can help ensure accuracy and consistency in the data that an organization stores and processes.
Finally, document creation is an important tool for creating accountability within an organization. By having an accurate record of all the activities and operations of an organization, it is easier to track progress, measure performance, and identify potential areas of improvement. This can help ensure that the organization is operating most efficiently and effectively as possible.
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