Answer: Pay a reduced death benefit.
Explanation:
The insurance company would still go ahead to pay out his benefits, because he never defaulted on his payments even though he falsified his age during the time of buy the insurance policy. What the company would do, would be to pay out a reduced death benefit after his accident as against the original sum he would have received.
14. All are the reasons for market segmentation except: A. buyers are too numerous B. buyers are too varied in their needs and buying practices C. buyers are too widely scattered by demographics D. capability of companies managerially and financially E. none of the above
The correct option is E). None of the above as rest of the options are reasons for market segmentation.
What is market segmentation?Market segmentation refers to process of dividing the broad market into sub groups on the basis of needs, priorities, common interest etc.
The main elements of the market segmentation are demographic, psychographic, behavioral, geographic, and firmographic segmentation.
Market segmentation allows to target the specific audience rather than targeting entire audience.
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If the demand for cell-phone data decreases and supply decreases, equilibrium quantity?
May increase or decrease and the equilibrium price increases.
Falls and the equilibrium price increases.
Falls the the equilibrium price may increase or decrease.
Falls and the equilibrium price decreases.
If the demand for cell-phone data decreases and supply decreases, equilibrium quantity falls the the equilibrium price may increase or decrease. (third option).
What is the impact of a decrease in demand and supply?When there is a change in demand, it means that other factors other than the price of the good has caused demand to change. An example of such factors is a change in consumer's taste.
When there is a change in demand, the demand curve would either shift to the left or the right. When demand decreases, the demand curve would shift to the left. When demand decreases, both the equilibrium price and quantity would decrease.
When there is a change in supply, it means that other factors other than the price of the good has caused supply to change. An example of such factors is a change in the number of producers.
When there is a change in supply, the supply curve would either shift to the left or the right. When supply decreases, the supply curve would shift to the left. When supply decreases, the equilibrium price quantity increases and equilibrium quantity would decrease.
Taking these two changes together, equilibrium quantity falls the the equilibrium price may increase or decrease.
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100 points) The seasonal demand for a particular product is given below:
Period 1 2 3 4 5 6
Demand 300 450 100 450 450 100
The fixed parameters are:
Fixed Cost $8
Unit Production Cost $1
Holding Cost $ 1.3
Calculate total ordering cost using following three methods:
i) Lot-for-Lot
ii) Wagner-Whitin algorithm
iii) Fixed order quantity
Which method you will chose to order and why
The ordering cost using the Lot-for-Lot method is $900.06. DOQ (Discrete Order Amount) is a lot sizing approach in which the net requirements happening for each period are the quantity of order. This strategy is commonly utilized for pricey commodities and items with sporadic demand.
How to calculate the cost?The ordering cost using the Lot-for-Lot method will be calculated thus:
C = Q/2(H) + D)Q(S)
C = 450/2(4) + 100/450(3)
C = 450(2) + 30/45
C = 900 + 0.7
C = $900.7
The ordering cost using the Wagner-Whitin algorithm will be:
= 300 + 900 + 300 + 1700 + 2150 + 600
= $5750
Wagner-Whitin devised an algorithm to determine the appropriate lot size for each period when net demands for several periods in the future are known.
The ordering cost using fixed order quantity will be:
= 6/(300 + 450 + 100 + 450 + 450 + 100)
= 6/1850
= 0.00324
FOQ (Fixed Order Quantity) is a method for determining the amount for size and is abbreviated as FOQ. The Net Requirements are scaled in this technique by establishing the FOQ value as an Order Quantity and fixing the quantity.
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What is one major problem created by globalization?
A. An increase in international shipping has led to more pollution.
B. Fewer workers are able to get an education related to their jobs.
C. Military conflicts between powerful nations have increased.
OD. It has become more difficult to get products made in other
countries.
Traditional marketing revolves around the 4 Ps:
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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Softwind Manufacturing anticipates annual sales of 40,000 units and has the following information regarding one of its products: Annual unit sales 40,000 Fixed manufacturing costs $ 22 Variable manufacturing costs 44 Variable selling and administrative costs 16 Fixed selling and administrative costs 8 Desired profit per unit 18 If Softwind uses cost-plus pricing based on absorption manufacturing cost, what is the sales price Softwind will charge for this product
Answer:
Selling price= $84
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).
Unitary cost= varaible manufacturing cost + fixed manufacturing cost
Unitary cost= 44 + 22= $66
Selling price= 66 + 18
Selling price= $84
how do I calculate the gain on disposal of these assets
To calculate the gain on disposal of assets, you need to use the following formula:
Gain on disposal = Proceeds from disposal - Carrying amount of the asset (i.e. Cost of the asset - Accumulated depreciation)When an asset is sold, the company receives cash which is known as the proceeds from disposal.
The carrying amount of the asset represents the historical cost of the asset less accumulated depreciation on the asset over its useful life.
Suppose a company sells a machine for $20,000. The original cost of the machine was $30,000, and its accumulated depreciation is $10,000. Then, the gain on disposal of the machine will be:Gain on disposal = $20,000 - ($30,000 - $10,000) = $20,000 - $20,000 = $0
Therefore, in this case, there is no gain or loss on the disposal of the machine.
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12. How many units must be sold if contribution margin is 50, fixed costs are $5,000 and profits are $30,000?*
700 units
600 units
500 units
900 units
Which change is illustrated by the shift taking place on this graph?
A - an increase in supply
B - a decrease in supply
C - an increase in demand
D - a decrease in demand
Answer:
c
Explanation:
A company has 360,000 shares authorized, 200,000 shares issued, and 100,000 shares outstanding. The balance in its Common Stock account is $200,000. The company does a 2-for-1 stock split. What is the par value of its stock after the split
Answer:
$1 par value
Explanation:
The computation of the par value of the stock after the split is given below:
= $200,000 ÷ (100,000 × 2 )
= $200,000 ÷ 200,000
= $1 par value
Hence, the par value of its stock after the split is $1 par value
We simply divide the balance by the number of outsanding shares so that the par value could come
Two independent companies, Denver and Bristol, each own a warehouse, and they agree to an exchange in which no cash changes hands. The following information for the two warehouses is available:
Denver Bristol
Cost $80,000 $31,500
Accumulated depreciation 60,000 25,000
Fair value 17,000 17,000
Required:
1. Assuming the exchange has commercial substance, prepare journal entries for Denver and Bristol to record the exchange.
2. Assuming the exchange does not have commercial substance, prepare journal entries for Denver and Bristol to record the exchange.
Answer and Explanation:
The journal entries are shown below
1.
On Denver books
Equipment Dr $17,000
Accumulated depreciation $60,000
Loss on sale of equipment $3,000
To Equipment $80,000
(Being equipment recorded)
On Bristol books
Equipment Dr $17,000
Accumulated depreciation $25,000
To Gain on sale of equipment $10,500
To Equipment $31,500
(Being equipment recorded)
2.
On Denver books
Equipment Dr $20,000
Accumulated depreciation $60,000
To Equipment $80,000
(Being equipment recorded)
On Bristol books
Equipment Dr $6,500
Accumulated depreciation $25,000
To Equipment $31,500
(Being equipment recorded)
11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
selling price $140
units in beginning inventory 0
units produced 1,200
units sold 800
units in ending inventory 400
Direct materials $25
Direct labor $41
Variable manufacturing overhead $6
Variable selling and administration $6
Fixed manufacturing overhead 24,000
fixed selling administration $12,000
What is the net operating income for the month under variable costing?
A. $21,600
B. $(15,200)
C. $8,000
D. $13,600
Answer:
I THINK ITS B
Explanation:
the graph at right shows the situation after the u.s. removes a tariff on imports of canned tuna.
A. C.
B. A+B+C+D.
C. A.
D. B+C+D.
Which area shows the loss in producer surplus?
A. B+C+D.
B. A+B.
C. A.
D. A+B+C+D.
Which area shows the loss in government tariff revenue?
A. A.
B. C.
C. A+B+C+D.
D. B+C+D.
Which areas show the reduction in deadweight loss?
A. B+C+D.
The graph that shows the situation when the U.S. removes a tariff on imports of canned tuna shows that the gain in consumer surplus is B. A+B+C+D.
The area which shows the loss of producer surplus is C. A.
The area which shows the loss in government tariff revenue is B. C.
The area showing a reduction in deadweight loss is B+D.
What happens when a tariffs are lifted ?When a tariff is lifted, the price of the good or service usually decreases, which increases consumer surplus. Consumers are able to purchase the same goods and services for a lower price, which results in a larger consumer surplus.
The price of the good or service usually decreases, which decreases producer surplus. Producers receive a lower price for the same goods and services, which results in a smaller producer surplus.
The government no longer receives revenue from that tax. Therefore, government revenue decreases when a tariff is lifted. The market becomes more efficient as the price of the good or service decreases, this leads to a decrease in deadweight loss.
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promotional Scavenger
Example of incentives promotion could be offering a discount or a special promotional price for a limited time to encourage immediate purchase.
Hence, a person who constantly seeks out these promotions is caalled a Promotional scavenger.
What is promotion?Promotion in marketing refers to any sort of marketing communication that is used to enlighten target audiences about the relative qualities of a product, service, brand, or problem, and is usually persuasive in nature.
Revenue promotions can assist your firm acquire new clients in addition to raising immediate revenue. Encourage repeat purchases and loyalty. acquire insights about customer behaviors.
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Why is it important to maintain a career portfolio?
O A. A career portfolio allows you to compare your accomplishments
to those of other job applicants so you know where to improve,
B. A career portfolio allows you to set out goals for your career,
including step-by-step objectives that will lead to those goals,
C. A career portfolio allows you to keep track of everything you need
to do in the future in order to advance your career,
D. A career portfolio allows you to keep track of all skills,
accomplishments, and experience that you may need to apply for
jobs,
Answer:
D. A career portfolio allows you to keep track of all skills,
accomplishments, and experience that you may need to apply for
jobs,
Explanation:
Maintaining a career portfolio is vital since it enables you to keep track of all the abilities, successes, and experience you could need to apply for positions. Thus, option (D) is correct:
What is experience?Experience refers to conscious events in general, and perceptions in particular, as well as the practical knowledge and familiarity produced by these conscious processes.
Employers may find you more employable if you have a career portfolio because it gives them evidence of your persona, your prior successes, and your transferable abilities.
Therefore, Thus, option (D) is correct:
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Describe the power relationship between Numi and its supply chain partners.
In any supply chain, power dynamics can vary depending on various factors, such as the size of the companies involved, the type of product or service being supplied and the degree of competition in the market.
What is a product?In economics, a product refers to good or service that is produced, marketed, and sold to satisfy customer's needs and wants. A product can be tangible, such as a physical item like a smartphone or a car, or intangible, such as a service like consulting or healthcare. The production of a product involves various stages, including design, development, manufacturing, and distribution. A successful product must fulfill the needs and wants of the target market, be competitive in terms of quality and price, and be marketed effectively to reach potential customers. In addition to meeting customer demands, a product must also comply with relevant regulations and standards to ensure safety, quality, and sustainability. Ultimately, the success of a product depends on its ability to generate revenue and profit for the company that produces it.
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what are some ways the financial crisis in 2008 could've been avoided
The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.
The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.
Here are some ways the financial crisis in 2008 could have been avoided:
1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.
2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.
3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.
4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.
5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.
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Company Dept. A Dept B. Predetermined overhead rate per direct labor hour $2.10 $2.40 $1.80 Direct labor hours hours worked on Job ABC 30 17 13 Based on this information, the overhead applied to Job ABC using multiple predetermined overhead rates is ______.
Answer:
Total applied overhead= $64.2
Explanation:
Giving the following information:
Dept. A Dept B.
Predetermined overhead rate per direct labor hour $2.40 $1.80
Job ABC:
Direct labor hours Dept A= 17
Direct labor hours Dept B= 13
We need to use the departmental predetermined overhead rates.
To allocate overhead, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Dept A= 2.4*17= $40.8
Dept B= 1.8*13= $23.4
Total applied overhead= $64.2
Stories help entrepreneurs deliver direction and inspiration slightly less powerfully than a logical argument.
True or false
4. Matilda and Rene are also trying to forecast what their federal and state income taxes will
be for the end of the year. If Matilda and Rene had a negative cash flow of -$150.00 per
month from January through April, but a positive cash flow of $1,000.00 per month (after
expenses) from May through December, on what dollar amount will they determine their
income taxes? What expenses could be used for tax deductions? (15 points)
Answer:
what do you need help with...
Explanation:
On December 31, 2021, the end of the fiscal year, Revolutionary Industries completed the sale of its robotics business for $13.0 million. The robotics business segment qualifies as a component of the entity according to GAAP. The book value of the assets of the segment was $9.0 million. The income from operations of the segment during 2021 was $6.0 million. Pretax income from continuing operations for the year totaled $14.0 million. The income tax rate is 25%.
Prepare the lower portion of the 2021 income statement beginning with income from continuing operations before income taxes. Ignore EPS disclosures. (Amounts to be deducted and negative amounts should be indicated with a minus sign. Enter your answers in whole dollars and not in millions. For example, $4,000,000 rather than $4.)
Find alternatives or options for offshore drilling in the Arctic?
I need help on these please help!!
Hugh has experience as a firefighter and a degree in chemistry. What company might be interested in hiring Hugh
Considering Hugh's experience as a firefighter and a degree in chemistry, the company that might be interested in hiring Hugh is "Fire Protection System Suppliers."
This is because Fire Protection System Suppliers are the companies that provide, manufacture or sell fire fighting products and equipment.
With his knowledge of chemistry, Hugh would understand and know the right chemical and equipment to use in fighting fire faster.
Some of the Fire Protection System Suppliers in the United States include the following:
Koetter Fire Protection, Amerex Corp., Telgia, USA Fire Protection, etc.
Hence, in this case, it is concluded that the correct answer is Fire Protection System Suppliers.
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Answer: A State Agency Looking For A Fire Inspector
Explanation: i just took a quiz and that was the right answer
Wesley and Victor have been dating for the past 6 months. A few weeks ago, Victor told Wesley he was no longer interested in him romantically. Crushed, Wesley continues to try to win Victor back. He often hangs around Victor’s desk, brings up past arguments they have had, and asks to meet with him after work. If his behavior continues, his behavior could become:
Answer:
depression or maybe social anxiety?
Explanation:
Given that Victor has told Wesley that he is no longer interested romantically, if he continues to try to hang around him and bringing up arguments his behavior could become annoying and obsessive.
What is obsessive behavior?These are the behaviors that makes people to behave in compulsive and also repetitive ways.
This behavior is here because Victor has already broken up with Wesley but Wesley still carries on like they are in a relationship.
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The owner of a restaurant is an example of ______ while the waiter at the restaurant is an example of _____
Group of answer choices
Labor, Entrepreneur
Business Capital, Labor
Labor leader, Capital leader
Entrepreneur, Labor
what is one major advantage of long term savings strategies
A long-term savings strategy's main benefit is that it enables savings to increase dramatically over time.
This expression is used to describe a person's accumulation of cash over time.
Long-term savings accounts let you save money and accumulate compounded interest that you may not need for several years or even decades. Some of these accounts, such as an IRA or a 401(k), can also offer tax advantages when you make contributions or withdrawals.
Savings are made with the intention of preparing for unanticipated circumstances. Savings make it possible for the owner to meet some needs.
You can save money and earn compound interest in long-term savings accounts even if you won't need it for years or even decades.
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refer to exhibit 4-3. if price p2 is a price ceiling, then group of answer choices there is a shortage in the market for good x. the highest price that can legally be charged in this market is p3. the price at which exchange legally takes place in the market for good x is p2. the quantity exchanged is less than the quantity demanded. all of the above
the price at which exchange legally takes place in the market for good x is p2.
When a price ceiling is set below the equilibrium price,the quantity demanded will exceed the quantity supplied,resulting in excess demand or shortage.Rent control sets a maximum limit on the rent. It is an example of a maximum price.In economics,there are three main reasons or causes for shortages an increase in demand,a decrease in supply,or government intervention.A maximum price above the competitive equilibrium price will result in a surplus.A price ceiling below the competitive equilibrium price will lead to a shortage.For the measure to be effective, the maximum price must be lower than the equilibrium price. The price ceiling is binding and causes the equilibrium quantity to change quantity demanded increases while quantity supplied decreases.
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QUESTION 1 Explain to the owners of Miss K the concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors case study (2 marks will be awarded for the theoretical discussion and 2 marks for the practical examples relating to the case study
The concepts of the product line depth and product line breadth using practical examples relating to the 40Foods Distributors.
The product line refers to the number of products that a company offers within a particular product line
The product line depth and product line breadth are two important concepts in product management.
In the case of 40Foods Distributors, product line depth can be in the variety of products offered within each product line.
In the 40 Foods distributors, the product lines for dairy, bakery, meat, frozen foods, and other grocery items.
Therefore, the product line depth and product line breadth are two important concepts in product management.
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What is meant by the concept entrepreneur?
Answer: An entrepreneur is someone who has an idea and who works to create a product or service that people will buy, as well as an organization to support that effort.
Explanation: An entrepreneur takes on most of the risk and initiative for their new business, and is often seen as a visionary or innovator.