If the price of italian shoes imported into the united states decreases, then.
Answers
If the price of Italian shoes imported into the United States decreases, then the demand for Italian shoes will increase. This is due to the inverse relationship between price and demand.When the price of a product decreases, the quantity demanded by consumers rises.
Italian shoes are a high-quality, fashionable product that has a good reputation in the market, but they can be costly at times. As a result, consumers might be hesitant to purchase Italian shoes. When the price of Italian shoes decreases, the demand for the shoes is expected to rise.The reason for this is that consumers may be able to afford to buy more pairs of Italian shoes at a lower price. Additionally, the demand for Italian shoes may also rise due to the perception that the lower price indicates a sale or promotion, resulting in a greater value for the consumer.As a result of the increase in demand, there is likely to be an increase in sales for the sellers. Additionally, this may lead to an increase in the number of Italian shoes imported into the United States to meet the rising demand.
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Related Questions
Information about a shipment of mirrors to a local store is shown. A 4-column table has 4 rows. The first column has entries small, medium, large, total. The second column is labeled broken with entries 4, blank, 6, blank. The third column is labeled not broken with entries blank, 96, blank, 401. The fourth column is labeled Total with entries 102, blank, 214, 480. Of all of the medium mirrors that were shipped, how many of them were broken? 68 78 164 208.
Answers
The total number of medium mirrors that were broken is 68 out of the total 164 mirrors.
Computation:
Given,
The number of small, medium, large, total, broken, and not broken is shown in the image attached below.
To find:
The total number of medium broken mirrors.
First, determine the total number of medium mirrors.
\(\begin{aligned}\text{Total Medium Mirrors}&=\text{Total-Small-Large}\\&=480-102-214\\&=164\end{aligned}\)
Now, the total number of broken medium mirrors will be determined by taking the difference of total medium mirrors and total medium not broken mirrors.
\(\begin{aligned}\text{Broken Medium Mirrors}&=\text{Total Medium Mirror-Medium Not Broken Mirrors}\\&=164-96\\&=68\end{aligned}\)
Therefore, the total number of broken mirrors of medium size are 68.
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Answer:
A is correct
Explanation:
100%
The quickest appraisal method that can be used to convert income into value is the: Gross Rent Multiplier Approach Cost Approach Comparison Approach
Answers
The quickest appraisal method that can be used to convert income into value is the Gross Rent Multiplier (GRM) Approach.
The GRM Approach is commonly employed for the valuation of income-generating properties, particularly residential properties with multiple units.
The GRM Approach calculates the value of a property by multiplying the gross annual rental income by a predetermined multiplier, known as the Gross Rent Multiplier. The multiplier is derived from market data and represents the relationship between the property's sales price and its gross rental income.
The formula for the GRM Approach is Value = Gross Rent Multiplier × Gross Annual Rental Income. By using this approach, appraisers can estimate the value of a property quickly, as it relies on readily available income data and market-derived multipliers.
However, it is important to note that the GRM Approach provides a simplified estimate and may not consider other factors that can impact property value. For more accurate and comprehensive appraisals, appraisers often employ multiple approaches, including the Cost Approach and Comparison Approach, to validate and refine the value estimation.
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What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
Answers
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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Shareholders' equity is another common term for:
Answers
Shareholders' equity is another common term for "owners' equity" or "stockholders' equity." It represents the residual interest in the assets of a company after deducting liabilities.
Shareholders' equity is calculated by subtracting total liabilities from total assets on a company's balance sheet.
It consists of two main components:
contributed capital and retained earnings. Contributed capital refers to the amount of money or other assets that shareholders have invested in the company. It includes the initial investments made by shareholders, such as common stock or preferred stock purchases.
Retained earnings, on the other hand, represent the accumulated profits of the company that have not been distributed to shareholders as dividends. It is calculated by adding net income or loss to the beginning balance of retained earnings and subtracting any dividends paid to shareholders.
Shareholders' equity is an important indicator of a company's financial health and its ability to generate returns for its owners. It is also used by investors, analysts, and creditors to evaluate a company's performance and risk.
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Shareholders' equity, also known simply as 'equity,' represents the net value of a corporation. It is calculated by subtracting company liabilities from total assets. The resulting amount is what shareholders would own if the company were to be liquidated.
Explanation:Shareholders' equity is commonly referred to as equity. It represents the net value of a corporation and is calculated as the total assets of the company minus any liabilities or obligations. The remaining amount is what the shareholders would own if the company were to be liquidated. Also, shareholders' equity includes capital initially invested into the business, retained earnings (profits that have been reinvested in the business), and any profits or losses.
For example, if a corporation has $10 million in assets and $6 million in liabilities, the shareholders' equity would be $4 million ($10 million - $6 million). This equity belongs to the shareholders, who are the actual owners of the corporation, and it is divided among them according to the number of shares they own.
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You deposit $1,500 in a bank where you have a savings account. The bank
pays you an interest of 5% per month. But later, the bank reduces the
interest rate from 5% to 3%, and that reduces your interest earnings from
$75 to $45.
What kind of risk explains the given situation?
Answers
Interest rate risk is the risk that arises for fixed-rate investments from fluctuating interest rates. How much interest rate risk a fixed-rate investment has depends on how sensitive its price is to interest rate changes in the market.
Business Math!
Your budget says that savings should be 11% of income. If you earn $1,500.00 a month, how much should
you save in a year?
$1.880.20
$1,880.00
$1,780.00
$1,980.00
Answers
Answer:
$1,980.00
Explanation:
$1,500.00 * 0.11 = $165.00
$165.00 * 12 months = $1,980.00
You should save $1,980.00 in a year.
In an individual long term care insurance plan the insured is able to deduct the premiums from taxes. What income taxation was imposed on benefits received?
in this case, benefits are recieved tax freeno taxgroup disability
Answers
The income taxation imposed on benefits received in an individual long-term care insurance plan is that the benefits are received tax-free.
This means that the benefits are not considered taxable income for the insured. However, there are certain limitations to the tax-free status of the benefits that depend on the insured's age and the amount of benefits received.
For example, if the benefits received exceed the cost of care, then the excess amount may be considered taxable income. It is important to consult with a tax professional to determine the specific tax implications of long-term care insurance benefits received.
In contrast, group disability insurance benefits may be subject to income taxation, depending on how the premiums were paid and who paid them.
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Suppose that the weekly profit, in dollars, of producing and selling x cars is P (x) = negative 0.007 x cubed - 0.2 x ^2 + 1000 x - 1100,and currently 60 cars are produced and sold weekly. Use P (60) and the marginal profit to estimate the weekly profit of producing and selling 62 cars. Round to the nearest dollar.
Answers
Answer:
The weekly profit "P" of producing and selling "x" cars, is given by the expression \(P(x)= -0.007x^3-0.2x^2+1000x-1100\).If the amount of cars produced and sold are x=60, then the profit linked to those 60 cars will be given by \(P(60)= -0.007(60)^3-0.2(60)^2+1,000(60)-1,100\), where the amount of cars "x" has been replaced by 60. This equals \(P(60)=56,668\). Marginal profit is defined as the change in profits when the amount of cars produced and sold change in a unit. Matematically, it equals the derivative of P(x) in terms of x: \(\frac{\partial P(x)}{\partial x}= -0.021x^2-0.4x+1,000\) . If the amount of cars produced and sold change in two units, then the marginal profit (or additional profit) obtained by producing and selling these two additional cars is \(-0.021(2)^2-0.4(2)+1,000\) ≈ \(1,000\).Then, producing and selling 62 cars would produce a benefit of \(\$56,668+\$1,000= \$57,668\).dorsey company manufactures three products from a common input in a joint processing operation. joint processing costs up to the split-off point total $350,000 per quarter. for financial reporting purposes, the company allocates these costs to the joint products on the basis of their relative sales value at the split-off point. unit selling prices and total output at the split-off point are as follows: productselling pricequarterly outputa$ 16per pound15,000poundsb$ 8per pound20,000poundsc$ 25per gallon4,000gallons each product can be processed further after the split-off point. additional processing requires no special facilities. the additional processing costs (per quarter) and unit selling prices after further processing are given below: productadditional processing costsselling pricea$ 63,000$ 20per poundb$ 80,000$ 13per poundc$ 36,000$ 32per gallon required:1. what is the financial advantage (disadvantage) of further processing each of the three products beyond the split-off point?2. based on your analysis in requirement 1, which product or products should be sold at the split-off point and which product or products should be processed further?
Answers
Product A and Product B should be processed further beyond the split-off point because they have a financial advantage of $0.60 per pound.
Joint processing cost up to split-off point = $350,000 per quarterProduct Selling price Quarterly output per unitAfter Split-off point Additional Processing Costs Selling Price per UnitA $16 15,000 pounds $63,000 $20 per poundB $8 20,000 pounds $80,000 $13 per poundC $25 4,000 gallons $36,000 $32 per gallon For every unit of Product A produced, the company has to spend $16. A total of 15,000 pounds are produced, so $16*15000 = $240,000 has to be spent on Product A. Similarly, $8*20000 = $160,000 has to be spent on Product B and $25*4000 = $100,000 has to be spent on Product C. The total cost up to the split-off point is $500,000 (240,000+160,000+100,000). The total cost of joint processing up to the split-off point is $350,000. So, the company has to allocate this cost to the three products based on their relative sales value at the split-off point. The total sales value at the split-off point = (15,000*$16) + (20,000*$8) + (4,000*$25) = $620,000. The allocation of cost is as follows: Product A: ($240,000/$620,000)*$350,000 = $135,483Product B: ($160,000/$620,000)*$350,000 = $90,323Product C: ($100,000/$620,000)*$350,000 = $56,194For further processing, the additional processing cost is to be subtracted from the selling price at split-off point. The financial advantage (disadvantage) of further processing each product beyond the split-off point is calculated as follows: Product A: Financial advantage = (20-16) - (63,000/15,000) = $0.60 per pound Product B: Financial advantage = (13-8) - (80,000/20,000) = $0.60 per pound Product C: Financial advantage = (32-25) - (36,000/4,000) = $0.50 per gallon 2. Product A and Product B should be processed further beyond the split-off point because they have a financial advantage of $0.60 per pound. Product C should be sold at the split-off point because it has a financial advantage of $0.50 per gallon, which is lower than the financial advantage of $0.60 per pound of Products A and B. The company should spend $63,000 on processing 15,000 pounds of Product A and should sell it at $20 per pound. The company should spend $80,000 on processing 20,000 pounds of Product B and should sell it at $13 per pound. Product C should be sold at the split-off point, i.e., 4,000 gallons at $25 per gallon. The total sales value of further processing Products A and B beyond the split-off point is as follows: Product A: (15,000*$20) = $300,000Product B: (20,000*$13) = $260,000The total sales value at the split-off point is $620,000. The total additional processing cost is $143,000 ($63,000+$80,000). The total revenue from sales after further processing is $560,000 ($300,000+$260,000). The company will earn $560,000 - $143,000 = $417,000 from further processing of Products A and B beyond the split-off point.
Product A and Product B should be processed further beyond the split-off point because they have a financial advantage of $0.60 per pound. Product C should be sold at the split-off point because it has a financial advantage of $0.50 per gallon, which is lower than the financial advantage of $0.60 per pound of Products A and B. The company can earn $417,000 from further processing of Products A and B beyond the split-off point.
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f a Tax Professional does not know what business code to enter for a taxpayer's sole proprietorship, they should __________.
Answers
If a Tax Professional does not know what business code to enter for a taxpayer's sole proprietorship, they should Ask the taxpayer to provide the business code.
An expense is an amount of cash that individuals pay to the public authority for the administrations given by the public authority. Available pay is the base pay whereupon charge is collected. It subtracts from expenses and other deductions and includes some or all income. The amounts that are taken out as income, expenses, and other deductions vary from country to country and system to system.
As members of the team begin to comprehend their role within the group and begin to collaborate toward a common objective, the forming stage can be a time of excitement and anticipation.
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If a Tax Professional does not know what business code to enter for a taxpayer's sole proprietorship, they should research the appropriate code or ask the taxpayer for more information. Generally, a sole proprietorship is categorized under the "Other Services" code, which is 541990 in the North American Industry Classification System (NAICS).
In case a Tax Professional does not know what business code to enter for a taxpayer's sole proprietorship, he should ask the taxpayer for additional information to clarify the details about the taxpayer’s profession. The tax professional must verify the code with the Internal Revenue Service (IRS) to ensure that they are using the right code, and if they are uncertain about it, the tax professional should do extensive research to avoid making any errors.
The tax code for a sole proprietorship is usually 541990, which falls under the "Other Services" category, according to the North American Industry Classification System (NAICS). The business code assigned to a sole proprietorship or any other small business entity is critical because it identifies the nature of the business for tax purposes.
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together, a high-pressure center and the coriolis effect produce ________.
Answers
High-pressure centers and the Coriolis effect create anticyclones.
An anticyclone, also known as a high-pressure system, is produced by a high-pressure center and the Coriolis effect. The term "anticyclone" refers to the direction of rotation around a high-pressure region. The rotation around a high-pressure system is in the opposite direction to the rotation of the Earth. In the Northern Hemisphere, anticyclones spin clockwise, while in the Southern Hemisphere, they spin counterclockwise.
An anticyclone is characterized by subsidence or sinking air. This compresses the air, heats it up, and results in stable atmospheric conditions. This is in contrast to a low-pressure system, which is characterized by rising air, cooling, and unstable atmospheric conditions.
A large-scale circulation of winds around a central region of high atmospheric pressure that is viewed from above clockwise in the Northern Hemisphere and counterclockwise in the Southern Hemisphere is known as an anticyclone.
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What are the keys to employee engagement?
Answers
The keys to consider to improve employee engagement are as follows- Maintain clear, transparent, two-way communication, Recognize and value team members.
Provide professional development opportunities.
Ensure an appropriate balance between personal and professional life.
Make work meaningful. Use human-centered leadership.
Measure work engagement on a regular basis using dedicated tools.
Employee Engagement is a fundamental concept/definition for understanding and describing the nature of an organization's relationship with its employees, both qualitatively and quantitatively. A “dedicated employee” is defined as someone who is fully committed and committed to their work and therefore takes positive actions to improve the reputation and interests of the organization. Engaged employees have a positive attitude towards the organization and its values.
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Which of the following is an
example of an operative
employee?
Answers
Explanation:
I just did this yesterday!
its assembled line worker
A $20 bill features which of the following on the reverse?
A. US Treasury
B. White House
C. US. Capital
D. Independence Hal
Answers
Answer:
B. White House
Explanation:
A portrait of the White house is the main feature visible at the reverse of a $20 bill. The bill has security features, but the White house Image is dominant. At the front, a portrait of the 7th US president Andrew Jackson is visible
You need $6,000 on 4/1/2016 and you have two options.
Option A: Borrow money from a bank at 7% annual interest for repayment on 9/1/2016 with monthly compounding interest. Option B: Cash in a CD purchased for $6,000 on 9/1/2015 with a 3.8% annual interest compounded monthly. If the CD cashed in before 9/1/2016, you forfeit the first three months of interest. Thereafter, the rate is just 1.9%
Choosing option A means the CD is allowed to reach maturity.
NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part.
What is the net gain of option A? (Round the final answer to two decimal places.)
The net gain of option A is $
Answers
The net gain of option A is approximately $175.02. The financial aspect and does not take into account any other factors that may influence the decision-making process, such as personal circumstances or preferences.
Option A involves borrowing $6,000 from a bank at an annual interest rate of 7% with monthly compounding. The loan is taken on 4/1/2016 and needs to be repaid on 9/1/2016. To calculate the net gain, we need to determine the total amount to be repaid and subtract the initial loan amount.
First, let's calculate the monthly interest rate for option A. Since the annual interest rate is 7% and the interest is compounded monthly, we divide the annual rate by 12 to get the monthly rate: 7% / 12 = 0.5833% (rounded to four decimal places).
Next, we determine the number of months from 4/1/2016 to 9/1/2016, which is 5 months.
Using the formula for compound interest, A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the interest rate, n is the number of times interest is compounded per year, and t is the time in years, we can calculate the total amount to be repaid.
A = 6,000(1 + 0.5833/100)^(12/12 * 5)
A = 6,000(1.005833)^5
A = 6,000 * 1.02917002498
A ≈ 6,175.02 (rounded to two decimal places)
The total amount to be repaid is approximately $6,175.02. To find the net gain, we subtract the initial loan amount from the total amount to be repaid.
Net gain = Total amount to be repaid - Initial loan amount
Net gain = 6,175.02 - 6,000
Net gain ≈ 175.02 (rounded to two decimal places)
Therefore, the net gain of option A is approximately $175.02.
However, it is important to note that this calculation only considers the financial aspect and does not take into account any other factors that may influence the decision-making process, such as personal circumstances or preferences.
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You run a small business that manufactures park benches. A single high-grade
bench you offer is made from the following direct costs.
1. Lumber - Oak
$7.50 5. Direct labor
$10.60
2. Concrete
$1.56 6. Delivery cost
$ 6.20
3. Metal screws
$ .75 7. Advertising
$ 1.32
4. Wood stain
$.79
What are the total direct costs for manufacturing 940 high-grade benches?
Answers
Answer:
$19,928
Explanation:
Direct Costs are costs that vary directly with the number of units produced.
Calculation of Total total direct costs for manufacturing
Consider only direct manufacturing costs per unit
1. Lumber - Oak $7.50
2. Concrete $1.56
3. Metal screws $ 0.75
4. Wood stain $0.79
5. Direct labor $10.60
Total $21.20
Therefore,
Total Cost = Unit Cost x Units manufactured
= $21.20 x 940
= $19,928
Conclusion
The total direct costs for manufacturing 940 high-grade benches is $19,928
In 2020, Fred invested $106,000 in a general partnership. Fred's interest is not considered to be a passive activity. If his share of the partnership losses is $74,200 in 2020 and $51,940 in 2021, how much can he deduct in each year
Answers
Fred's deductible for 2020 is $74,200 and for 2021 is $31,800.
In 2020, Fred invested $106,000 in a general partnership, and his share of the partnership losses is $74,200 in 2020 and $51,940 in 2021. His interest is not considered to be a passive activity. To determine how much he can deduct in each year, follow these steps:
1: Determine the maximum deductible loss for 2020
Fred's maximum deductible loss for 2020 is limited to his investment in the partnership, which is $106,000.
2: Calculate the deductible loss for 2020
Since Fred's share of the partnership losses in 2020 is $74,200, and this amount is less than his investment, he can deduct the full $74,200 in 2020.
3: Calculate the remaining investment for 2021
Subtract the deductible loss in 2020 from Fred's initial investment to find his remaining investment for 2021: $106,000 - $74,200 = $31,800.
4: Determine the maximum deductible loss for 2021
Fred's maximum deductible loss for 2021 is limited to his remaining investment in the partnership, which is $31,800.
5: Calculate the deductible loss for 2021
Since Fred's share of the partnership losses in 2021 is $51,940, and this amount is greater than his remaining investment, he can only deduct $31,800 in 2021.
In conclusion, Fred can deduct $74,200 in 2020 and $31,800 in 2021.
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Snap Company issues 10%, five-year bonds, on January 1 of this year, with a par value of $100,000 and semiannual interest payments.
Answers
Answer:
Note: Question is incomplete, the full question is attached as picture below
Journal Entries - Snap Company
Date Particulars Debit Credit
1-Jan Cash Dr $92,640.00
Discount on bond payable $7,360.00
To Bond Payable $100,000.00
(To record issue of bonds)
30-Jun Interest expense Dr $5,736.00
To Cash ($100,000*10%*6/12) $5,000.00
To Discount on bond payable $736.00
(($7,360 - $6,624)
(To record semiannual interest payment and discount amortization)
31-Dec Interest expense Dr $5,736.00
To Cash ($100,000*10%*6/12) $5,000.00
To Discount on bond payable $736.00
($6,624 - $5,888)
(To record semiannual interest payment and discount amortization)
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock?
Answers
The value of each share if you calculate it as $1,000,000/2,000 =500.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
The process of announcing new shares of stock to the people for the first time in a private company is known as an initial public offering (IPO). An IPO allows a company to request equity capital from the general public.
The business has grown as a pre-IPO private company with a very small number of proprietors who own the stock in the company.
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The complete question is Probably
Company A is raising $1 million at its initial public offering (IPO) by issuing 2,000 shares of stock. What is the value of each share if you calculate it as $1,000,000/2,000 =
a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a
Answers
Answer:
the answer is black market
Other thigns being equal an increase in wages parid ot wokrers in frims making digital devices will cause?
Answers
Other things being equal an increase in wages paid to workers in firms making digital devices will cause a wage pull inflation.
Wage push inflation is a system in which there is an overall rise in the cost of goods and services that happens due to rise in wages.
To maintain the level of corporate profits after an increase in wages, employers must also increase the prices which are charged by them for the goods and services they provide.
The overall increase in the cost of goods and services have a circular effect on the wage increase; therefore , as goods and services in the market increase at overall level , higher wages will be needed to be paid for the increased prices of consumer goods.
Companies always increase wages for a number of reasons. The most common reason for making the wages rise is an increase in the minimum wage. The state and federal governments have the power to increase the minimum wage.
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1. With the overwhelming number of media messages that consumers
receive, they find that certain messages attract their attention
and direct them toward the message. These types of messages are
known
Answers
With the overwhelming number of media messages that consumers receive, they find that certain messages attract their attention and direct them toward the message. These types of messages are known as the attention-directed messages.
Attention-directed messages are created in such a way that they attract the consumer’s attention. This can be done through the use of bold, bright, and contrasting colors or with catchy slogans or jingles that stick in the consumer’s mind.
Attention-directed messages are used by marketers to capture their target audience’s attention and encourage them to purchase their products or services.The attention-directed message is a form of marketing communication that is designed to attract the attention of consumers.
This type of message is often used to increase the effectiveness of advertising campaigns by making them more memorable and engaging. The use of attention-directed messages can be seen in many different forms of media, including television commercials, print ads, and billboards.
Marketers use attention-directed messages to encourage consumers to remember their products and services and to make a purchase. The goal is to create a strong brand image and to generate positive associations with the product or service being marketed.
In conclusion, attention-directed messages are a key element of effective marketing communication, and their use can help to increase brand awareness, encourage consumer engagement, and ultimately drive sales.
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what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit
Answers
Answer:
D) certificate of deposit.
Explanation:
When working with Ivhich team would a pharmacy technician be working directly with physicians? Check all that
apply.
O FDA teams
healthcare teams
research teams
pharmacy management
hospital teams
Intro
Done
Answers
Pharmacy management would be working with pharmacy technicians.
Pharmacy technicians are particularly professional and important individuals of the drugstore crew and paintings under the supervision of a pharmacist. they're involved in the instruction, allotting, and supply of drugs and merchandise to sufferers.
Technicians get hold of written prescription requests from patients and perform medication reconciliation. Additionally, they may additionally get hold of prescriptions sent electronically from doctors' offices, and in some states, they're permitted to process requests via phone.
They discover, dispense, percent, and label a prescribed medication for a patient this is then reviewed for accuracy by a pharmacist before allotted to the affected person.
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Where do entrepreneurship opportunities begin?
Answers
Answer:
They can began with you
Explanation:
You have to be an entrepreneur to start an entrepreneur oprotumity
When your company issues you a phone, you are obligated to respond to work emails at any time of the day or night. Do you agree? Give justification for your answer.
Answers
Actually, that is untrue; I must reply to your emails during business hours and not on my own time, and my phone will only be on during business hours.
What do you know about Email?In order to send and receive messages, one can use electronic mail, also known as email or e-mail. The term "e-mail" was first used in the late 20th century to describe the digital equivalent of or counterpart to mail.
An email address is frequently seen as a fundamental and essential component of many activities in business, commerce, government, education, entertainment, and other aspects of daily life in current use. Email is a pervasive and extremely commonly used communication channel.
Email can be sent and received on both local area networks and computer networks, namely the Internet. Store-and-forward is the foundation of modern email systems.
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in the short run, an increase in market demand will usually lead to a(n)
Answers
Answer: Decrease of people buying your item
Explanation:
if you increase the market demand (same as infringe the price) less people are going to buy you item or product.
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Cycle Time, Conversion Cost per Unit, MCE Lander Parts, inc., produces various automoble parts. In one plant, Lander has a manufacturing cell with the theoretical capability to produce 450,000 fuel pumps per quarter. The canversion cost per quarter is $9,000,000. There are 150,000 production hours available within the cell per-quarter. Required: 1. Compute the theoretical velocity (per hour) and the theoretical cycle time (minutes per unit produced). 2. Compute the ideal amount of conversion cost that wilt be assigned per subassembly. per unit 3 (a). Suppose the actuat vime required to produce a fuel pump is 40 minutes. Compute the amount of conversion cost actually assigned to each unit produced, per unit 3 (b). What happens to product cost if the time tof produce a unit is decreased to 25 minutes? per unit 4. Assuming the bctual fime to produce one fuel pump is 40 minutes, calculate MCE. If required, round your answer to two decimal places. How much nan-value-added time is being used? mimutes How mech is ir cowing per unit? per unit.
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1. The theoretical velocity of production is 3 fuel pumps per hour with a theoretical cycle time of 20 minutes per unit.
2. The ideal amount of conversion cost assigned per subassembly is $20 per unit.
1. Compute the theoretical velocity (per hour) and the theoretical cycle time (minutes per unit produced):
Theoretical Velocity (per hour) = Theoretical Capacity / Production Hours
Theoretical Velocity = 450,000 fuel pumps / 150,000 production hours
Theoretical Velocity = 3 fuel pumps per hour
Theoretical Cycle Time (minutes per unit produced) = 60 minutes / Theoretical Velocity
Theoretical Cycle Time = 60 minutes / 3 fuel pumps per hour
Theoretical Cycle Time = 20 minutes per unit produced
2. Compute the ideal amount of conversion cost that will be assigned per subassembly, per unit:
Ideal Conversion Cost per Unit = Conversion Cost per Quarter / Theoretical Capacity
Ideal Conversion Cost per Unit = $9,000,000 / 450,000 fuel pumps
Ideal Conversion Cost per Unit = $20 per unit
3 (a). Suppose the actual time required to produce a fuel pump is 40 minutes. Compute the amount of conversion cost actually assigned to each unit produced, per unit:
Actual Conversion Cost per Unit = Ideal Conversion Cost per Unit * (Actual Time / Theoretical Cycle Time)
Actual Conversion Cost per Unit = $20 per unit * (40 minutes / 20 minutes)
Actual Conversion Cost per Unit = $40 per unit
3 (b). What happens to product cost if the time to produce a unit is decreased to 25 minutes, per unit:
Actual Conversion Cost per Unit = Ideal Conversion Cost per Unit * (Actual Time / Theoretical Cycle Time)
Actual Conversion Cost per Unit = $20 per unit * (25 minutes / 20 minutes)
Actual Conversion Cost per Unit = $25 per unit
The product cost per unit decreases from $40 to $25 if the time to produce a unit decreases to 25 minutes.
4. Assuming the actual time to produce one fuel pump is 40 minutes, calculate MCE (Manufacturing Cycle Efficiency). If required, round your answer to two decimal places:
MCE = Theoretical Cycle Time / Actual Cycle Time
MCE = 20 minutes / 40 minutes
MCE = 0.50
The Manufacturing Cycle Efficiency (MCE) is 0.50, indicating that there is room for improvement in the production process.
To calculate the non-value-added time and its cost, we need additional information on the breakdown of the actual time spent in the production process and the associated costs. Without that information, we cannot determine the exact non-value-added time and its cost per unit.
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All of the following characterize both perfectly competitive and monopolistically competitive markets EXCEPT: Price is equal to average revenue. Price is equal to average revenue. A Individual firms produce output where marginal cost equals marginal revenue. Individual firms produce output where marginal cost equals marginal revenue. B Firms can affect the selling price of their product. Firms can affect the selling price of their product. C The market has a large number of firms. The market has a large number of firms. D Firms can easily enter or exit the market.
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Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 7.80 pounds $ 2.30 per pounds $ 17.94 Direct labor 0.30 hours $ 8.00 per hour $ 2.40 During the most recent month, the following activity was recorded:
a. 25,900 pounds of material were purchased at a cost of $2.10 per pound.
b. All of the material purchased was used to produce 3,000 units of Zoom.
c. 700 hours of direct labor time were recorded at a total labor cost of $6,300.
Required: 1. Compute the materials price and quantity variances for the month.
2. Compute the labor rate and efficiency variances for the month.
Answers
Answer:
Instructions are below.
Explanation:
Giving the following information:
Standard Cost Direct materials 7.80 pounds $ 2.30 per pounds $7.94
Direct labor 0.30 hours $ 8.00 per hour $ 2.40
Actual:
a. 25,900 pounds of material was purchased at a cost of $2.10 per pound.
b. All of the material purchased was used to produce 3,000 units of Zoom.
c. 700 hours of direct labor time were recorded at a total labor cost of $6,300.
To calculate the direct material price and quantity variance, we need to use the following formulas:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (2.3 - 2.1)*25,900
Direct material price variance= $5,180 favorable
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (7.8*3,000 - 25,900)*2.3
Direct material quantity variance= $5,750 unfavorable
To calculate the direct labor rate and efficiency variance, we need to use the following formulas:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (0.3*3,000 - 700)*8
Direct labor time (efficiency) variance= $1,600 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (8 - 6,300/700)*700
Direct labor rate variance= $700 unfavorable