O'Brien Company manufactures and sells one product. The following information pertains to each of the company's first three years of operations: Variable costs per unit
Manufacturing Direct materials $28
Direct labor $17
Variable manufacturing overhead $4
Variable selling and administrative $3
Fixed costs per year
Fixed manufacturing overhead $500,000
Fixed selling and administrative expenses $190,000
During its first year of operations, O'Brien produced 95,000 units and sold 71,000 units. During its second year of operations, it produced 77,000 units and sold 96,000 units. In its third year, O'Brien produced 80,000 units and sold 75,000 units. The selling price of the company's product is $80 per unit. Required: 1.Assume the company uses variable costing and a FIFO inventory flow assumption (FIFO means first-in first-out. In other words, it Issumes that the oldest units in inventory are sold first): a. Compute the unit product cost for Year 1, Year 2, and Year b. Prepare an income statement for Year 1, Year 2, and Year 3.
Answers
1. Variable costing and a FIFO inventory flow assumption
a. Unit product cost:
Year 1
Unit Product Cost = (Variable costs per unit × Units produced) / Units sold
= (($28 + $17 + $4 + $3) × 95,000) / 71,000
= $52.96 per unit
Year 2
Unit Product Cost = (Variable costs per unit × Units produced) / Units sold
= (($28 + $17 + $4 + $3) × 77,000) / 96,000
= $34.81 per unit
Year 3
Unit Product Cost = (Variable costs per unit × Units produced) / Units sold
= (($28 + $17 + $4 + $3) × 80,000) / 75,000
= $33.93 per unit
b. Income statement:
Year 1
Revenue: (71,000 × $80) = $5,680,000
Variable expenses: (71,000 × $52.96) = $3,760,160
Contribution margin: $1,919,840
Fixed expenses:
- Fixed manufacturing overhead: $500,000
- Fixed selling and administrative expenses: $190,000
Total fixed expenses: $690,000
Net operating income: $1,229,840
Year 2
Revenue: (96,000 × $80) = $7,680,000
Variable expenses: (96,000 × $34.81) = $3,338,560
Contribution margin: $4,341,440
Fixed expenses:
- Fixed manufacturing overhead: $500,000
- Fixed selling and administrative expenses: $190,000
Total fixed expenses: $690,000
Net operating income: $3,651,440
Year 3
Revenue: (75,000 × $80) = $6,000,000
Variable expenses: (75,000 × $33.93) = $2,544,750
Contribution margin: $3,455,250
Fixed expenses:
- Fixed manufacturing overhead: $500,000
- Fixed selling and administrative expenses: $190,000
Total fixed expenses: $690,000
Net operating income: $2,765,250
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Related Questions
Poner algunos ejemplos en los que las em¬presas sustituyan un factor productivo por otro en función de los cambios en los pre¬cios de los factores. ¿Se puede sustituir siempre un factor por otro?
Answers
Answer:
Un factor variable puede sustituirse por otro.
Un uso más generoso de un factor variable permitirá producir una cantidad constante de producción con menos unidades de algunos o todos los demás.
Esto indica que la mano de obra puede ser considerada literalmente tan buena como el oro y podría ser sustituida por ella. Si no fuera por la sustitución de factores, no habría lugar para más decisiones después de que se hubiera establecido y, el número de cadenas a producir.
Sí, se puede hacer una sustitución
Un ejemplo es cuando las empresas intensivas en energía sustituyen el uso decreciente de energía y capital por un aumento del precio de la energía del 1% con una mayor entrada de material y, en menor medida, mano de obra.
Además, algunas empresas han sustituido fácilmente la energía por otros factores de producción, lo que les ha permitido mitigar en mayor medida los efectos de la subida de los precios de la energía.
Which of the following items is likely to have the highest income elasticity of demand?
Question 7 options:
A) water
B) a hamburger
C) a luxury cruise to several European countries
D) breakfast cereal
Answers
The best option is D . The item that is likely to have the highest income elasticity of demand is breakfast cereal. Income elasticity of demand measures the responsiveness of quantity demanded to a change in income levels. When people's income increases, they tend to consume more of certain goods, such as luxury items or products that were previously considered too expensive. This is referred to as income elasticity of demand.
Breakfast cereal is a discretionary product that consumers can choose to purchase or not based on their income levels. Therefore, as people's income increases, they are more likely to spend more money on breakfast cereal as they have more disposable income to spend. This indicates that breakfast cereal is a luxury good, with a high income elasticity of demand. On the other hand, hamburgers are considered to be an inferior good, meaning that as income levels rise, demand for hamburgers falls. This is because as consumers' income increases, they tend to consume more expensive and healthier food options. Therefore, hamburgers are less likely to have a high income elasticity of demand compared to breakfast cereal.
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what are the outputs of the production process with regards to goods and services
Answers
Answer: they will go faster
Explanation: it does a thing.
in this industry type, items are manufactured by machine to customer order. these are generally industrial orders. multiple choice make-to-order engineer-to-order process make-to-stock assemble-to-order
Answers
In the make-to-order industry type, items are manufactured by machine to customer order. these are generally industrial orders.
industrial orders refer back to the output of commercial institutions and cover sectors that include mining, manufacturing, strength, fuel and steam, and air-conditioning.
This indicator is measured in an index based totally on a reference length that expresses exchange inside the extent of manufacturing output. commercial overall performance covers aspects of fine however additionally optimization and automation of industrial techniques.
This area is presently experiencing a fourth business revolution with the appearance of the net of things and virtual technology consisting of augmented reality, synthetic intelligence, or even robotics. inside the united states, commercial production measures the output of businesses incorporated in the industrial region of the economy. manufacturing is the most critical area and debts for 78 percent of overall manufacturing.
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Major automobile brands such as ford, toyota, gm, and honda are interested in consumers’ interest in "smart" technology in new automobiles. Gm recently studied consumers’ interest in buying self-driving vehicles. The automobile brands must stay abreast of changing technology as well as consumer trends regarding the use of technology. The automobile company’s collection of this type of information is referred to as _______.
Answers
The automobile company's collection of information on changing technology and consumer trends regarding the use of technology in automobiles is referred to as **market research**.
Market research involves the systematic gathering, recording, and analysis of data and information about customers, competitors, and market trends. In this context, major automobile brands such as Ford, Toyota, GM, and Honda conduct market research to stay abreast of changing technology and understand consumer interest in "smart" technology and self-driving vehicles. By collecting and analyzing this type of information, automobile companies can make informed decisions about product development, marketing strategies, and overall business planning to meet the evolving needs and preferences of their target consumers.
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Over the long run, ____________ per hour is the most important determinant of the average wage level in any economy. Group of answer choices demand dollars productivity supply
Answers
It should be noted that Productivity per hour in the long run is the most important determinant of the average wage level in any economy.
What is Productivity per hour?Productivity per hour can be regarded as measure of labour productivity.
It helps to know how efficiently labour input as well as other factors of production and how it is been used in the production process.
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What is absolute advantage used for?
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When contrasted to another entity of a comparable nature, an absolute unit's ability to generate things with fewer resources is the gauge of absolute advantage.
Absolute advantage is the capacity of a person, business, area, or nation to produce more of an item or service with the same amount of inputs per unit of time than its rivals, or to generate the same amount of a commodity or service with fewer inputs per unit of time.
By producing the good or service with a lower absolute cost per unit and fewer inputs, or by using a more effective technique, one might achieve absolute advantage.
In his book The Wealth of Nations from the 18th century, economist Adam Smith introduced the idea of absolute advantage to explain how nations might profit from trade by specializing in producing and exporting the things that they can manufacture more successfully than other nations. Countries with a clear advantage may choose to focus on producing and selling a particular commodity or service, using the proceeds to pay for goods and services from other nations.
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The ability of an absolute unit to produce things with fewer resources when compared to another entity of a similar nature is the indicator of absolute advantage.
What is Absolute advantage?Absolute advantage may be attained by manufacturing the good or service with a lower absolute cost per unit and fewer inputs, or by utilizing a more efficient technique.
Adam Smith, an economist, developed the concept of absolute advantage in his 18th-century book The Wealth of Nations to describe how countries might benefit from trade by specializing in producing and exporting the goods that they can make more successfully than other nations. Countries
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sometimes in a(n) ______ market, a firm may find a new use for an existing product that aids in boosting sales and avoiding sales decline
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Sometimes in a(n) mature market, a firm may find a new use for an existing product that aids in boosting sales and avoiding sales decline.
Countries with mature markets, also known as developed markets, have the most sophisticated economies and capital markets. These nations have high GDP, GDP per capita, and per capita income. Industrialization is also a feature of mature markets, which include countries with largely service economies.When a market reaches equilibrium, it is considered mature. When there is no major growth or innovation in a market, it is said to be in an equilibrium state. When supply and demand match, the price determined by market forces is referred to as the equilibrium price."Food and agriculture, mining and natural resource extraction, and financial services are examples of mature businesses in the United States today. Shares in established industries have low price-to-earnings (P/E) ratios and high dividend yields.Thus this is the meaning of mature market.
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Unrealized holding gains or losses which are recognized in income are from debt securities classified as
Answers
Answer:
Trading.
Explanation:
In Business management, when a gain or loss is realized, it simply means that the owner of stock or other securities has sold it. Thus, these unrealized gains or losses are generally referred to as paper profits or losses.
Basically, when the value of a stock being bought by an investor reduces (falls) while he or she is yet to sell it, it is known as an unrealized loss.
However, when the value of a stock being bought by an investor rises (increases) while he or she is yet to sell it, it is known as an unrealized gains.
Hence, unrealized holding gains or losses which are recognized in income are from debt securities classified as trading.
Checking account transactions are NOT reported to the credit bureaus and do not affect your credit score. Why is it still important to manage your checking account well?
Answers
Answer: Too see if anyone is stealing or charging extra fees
Explanation:
According to _____, location-specific advantages are of considerable importance in explaining both the rationale for and the direction of foreign direct investment.
Multiple Choice
a. the infant industry argument
b. market imperfections theory
c. internalization theory
d. the eclectic paradigm
e. Knickerbocker's theory
Answers
The correct option d. the eclectic paradigm. According to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
Explain about the foreign direct investment?The goal of obtaining a long-term interest in a company located in another economy by an investor from one economy is reflected in the type of international investments known as foreign direct investment (FDI).
For instance, a US business may buy stock in a foreign firm that provides it with all the raw resources it requires. A corporation invests together in foreign company that is irrelevant to its main business in a conglomerate FDI.Economic theory, also referred to as the OLI model as well as OLI framework, is the eclectic paradigm. It gets over the drawbacks of fragmentary theories of global production and offers a comprehensive framework in which alternative and related theories of global production can coexist.Thus, according to the "eclectic paradigm," location-specific benefits play a significant role in describing the motivation behind and course of foreign direct investment.
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Mrs. Singer owns a profitable sole proprietorship. For each of the following cases, use a Schedule SE, Form 1040, to compute her 2020 self-employment tax and her income tax deduction for such tax. Required: Compute 2020 self-employment tax and the income tax deduction for such tax if Mrs. Singer’s net profit from Schedule C was $51,458. She had no other earned income. Compute 2020 self-employment tax and the income tax deduction for such tax if Mrs. Singer’s net profit from Schedule C was $51,458, and she received a $100,000 salary from an employer. Compute 2020 self-employment tax and the income tax deduction for such tax if Mrs. Singer’s net profit from Schedule C was $51,458, and she received a $145,000 salary from an employer.
Answers
Self-employment tax is 15.3% of net self-employment income, consisting of Social Security and Medicare tax. The income tax deduction for self-employment tax is half of the total amount.
Income tax deductionFor the 2020 tax year, the self-employment tax rate is 15.3%, which consists of 12.4% for Social Security tax (up to a maximum of $142,800 of net self-employment income) and 2.9% for Medicare tax (on all net self-employment income).
For each of the three scenarios described, we can calculate Mrs. Singer's self-employment tax and income tax deduction using Schedule SE and Form 1040.
Mrs. Singer's net profit from Schedule C was $51,458, and she had no other earned income:
The self-employment tax on $51,458 of net profit is $7,898.94 ($51,458 x 15.3%).
The income tax deduction for self-employment tax is $3,949.47 (half of the self-employment tax amount).Mrs. Singer will pay income tax on her net profit from Schedule C of $51,458, based on the tax bracket she falls into for her taxable income.Mrs. Singer's net profit from Schedule C was $51,458, and she received a $100,000 salary from an employer:
The self-employment tax on $51,458 of net profit is $7,898.94 ($51,458 x 15.3%).The income tax deduction for self-employment tax is $3,949.47 (half of the self-employment tax amount).Mrs. Singer will pay income tax on her net profit from Schedule C of $51,458, based on the tax bracket she falls into for her taxable income.Mrs. Singer will also pay income tax on her salary of $100,000, based on the tax bracket she falls into for her taxable income.Mrs. Singer's net profit from Schedule C was $51,458, and she received a $145,000 salary from an employer:
The self-employment tax on $51,458 of net profit is $7,898.94 ($51,458 x 15.3%).The income tax deduction for self-employment tax is $3,949.47 (half of the self-employment tax amount).Because Mrs. Singer's salary is above the Social Security tax wage base of $142,800, she will not owe Social Security tax on her net self-employment income.However, she will still owe Medicare tax on her net self-employment income, which amounts to $1,489.24 ($51,458 x 2.9%).Mrs. Singer will pay income tax on her net profit from Schedule C of $51,458, based on the tax bracket she falls into for her taxable income.Mrs. Singer will also pay income tax on her salary of $145,000, based on the tax bracket she falls into for her taxable income.Therefore, self-employment tax is 15.3% of net self-employment income, consisting of Social Security and Medicare tax. The income tax deduction for self-employment tax is half of the total amount.
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Peyton earns $1,700 every other week, but only brings home $1,100 due to deductions, what is Peyton’s gross pay?
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Vertical analysis of balance sheet
Balance sheet data for Alvarez Company on December 31, the end of two recent fiscal years, follow:
Line Item Description Current Year Previous Year
Current assets $2,800,000 $1,840,000
Property, plant, and equipment 5,200,000 6,072,000
Intangible assets 2,000,000 1,288,000
Current liabilities 1,800,000 1,380,000
Long-term liabilities 3,600,000 3,680,000
Common stock 980,000 920,000
Retained earnings 3,620,000 3,220,000
Prepare a comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity. When required, round percentages to one decimal place.
Answers
The comparative balance sheet for both years, stating each asset as a percent of total assets and each liability and stockholders’ equity item as a percent of the total liabilities and stockholders’ equity will be
Description Prior Year Current Year Prior Year (%) Current Year (%)
Cash 0.00% 0.00%
Investments 0.00% 0.00%
Inventories 0.00% 0.00%
Accounts receivable 0.00% 0.00%
Pre-paid expenses 0.00% 0.00%
TOTAL 1,840,000 2,500,000 20.00% 25.77%
Property 6,072,000 5,200,000 66.00% 53.61%
and equipment
Leasehold improvements 0.00% 0.00%
Equity and other investments 0.00% 0.00%
Less accumulated 0.00% 0.00%
depreciation (Negative Value)
Intangible Assets 1,288,000 2,000,000 14.00% 20.62%
Charity 0.00% 0.00%
total 9,200,000 9,700,000 100.00% 100.00%
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Flawed ways to pursue competitive efforts that will successfully differentiate a company's branded footwear from the branded offerings of rival companies include
A. not charging prices for branded footwear price that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions.
B. failing to spend heavily on best practices training in all of the company’s production facilities.
C. striving only to achieve weak differentiation (as opposed to strong differentiation) from the branded footwear offerings of other companies also pursuing competitive efforts to differentiate their product offerings.
D. failing to spend more on mail-in rebates than any other rival in each of the four geographic regions and underspending on efforts to secure celebrity endorsement contracts.
E. failing to have a product line that includes 500 models/styles of branded footwear, underspending on branded and search engine advertising in all four regions, and charging Internet and wholesale prices that are too high to enable the company to be the market share leader in these two segments in at least 2 of the 4 geographic regions.
Answers
The correct answer is: A. not charging prices for branded footwear that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions.
Differentiating a company's branded footwear from rival offerings requires strategic decisions and actions. Option A suggests not charging prices that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions. This approach is flawed because setting prices above the industry average can make the company's footwear less attractive to customers. By not offering competitive pricing, the company may struggle to differentiate its product and may lose potential customers to rivals.
Options B, C, D, and E do not address pricing strategies directly and focus on other factors such as training, differentiation level, spending on rebates and celebrity endorsements, product line variety, and advertising. While these factors can impact differentiation, the question specifically asks about flawed ways to pursue competitive efforts related to pricing and differentiation.
Therefore, the flawed way to pursue competitive efforts that will successfully differentiate a company's branded footwear is not charging prices for branded footwear that are slightly below the industry-average wholesale price and the industry-average Internet retail price in all four geographic regions (Option A).
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Price $
190
|↑
110
89
A
D
$2
S1
Q millions of barrels
www.economicshelp org
What is the new equilibrium price for this product after the supply curve shift?
O 110
O 190
08
Answers
A price is the quantity of payment or compensation given by one party to another in return for goods or services.
What is the meaning of Price?A price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a commercial exchange, its price is most likely to be referred to as such.
Price simply refers to the value you fork out to get goods or services. It is not the same as the word cost. Cost is the total sum of the inputs used to produce a good, while value is the amount that goods or services are worth to the buyer.
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would you advise nelson and james to refocus the company on developing the software suites? justify your decision.
Answers
Nelson and James should assess factors such as market demand, competition, and available resources to determine if refocusing on software suites aligns with their business goals.
James and Nelson make a well-informed choice. To decide whether the emphasis on software suites is in line with their company objectives, they should take into account elements including market demand, competition, and the resources at their disposal.
To be certain that the refocusing will result in long-term profitability and development, they need also assess their present business strategy, key capabilities, and long-term vision. In the end, the choice to refocus the business should be driven by a careful examination of the market, industry developments, and internal resources.
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How can a salesperson encourage a prospect to continue to talk?
Answers
One way is to ask the prospect questions they've likely never been asked before -- this will keep them engaged in your conversation.
What else could prospect mean?Prospect is often interchanged with words like anticipation, foretaste, and outlook. Despite the fact that all of these words refer to "an advance realization of something to come," "prospect" denotes expectation of a specific occurrence, condition, or development of clear interest or concern.
What is a prospective client?A prospect is a potential customer who is interested in your goods and has the means to buy it but hasn't done so yet. The prospect becomes a client once they make the final, intended purchase of the product.
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Let us revisit the pricing game between Coles and Woolworths in assignment one. Suppose there are only two supermarkets in Australia: Coles and Woolworths, and they sell only one product: milk. Based on historial sales data, it is estimated that the demand function of Coles milk is QC(PC,PW)=7.6−10PC+8PW where PC is the price of Coles milk and PW is the price of Woolworths milk. Similarly, it is estimated that the demand function of Woolworths milk is QW(PC,PW)=7.6−10PW+8PC. Coles faces the following total cost function TC(QC)=(FMP+V)QC+1 where FMP represents the average farmgate milk price (the wholesale cost of milk before processing) and V represents all other variable costs per unit. Similarly, Woolworths faces the following total cost function TC(QW)=(FMP+V)QW+1 Instead of assuming that each firm can choose only one of two price points, in the following we assume that each firm can choose any non-negative price, i.e., PC≥0 and PW≥0. late penalty will apply to assessments submitted after 11.59pm AEST. (a) (4 marks) Suppose FMP=$0.54 and V=$0.26. Determine the optimal pricing strategy for each firm. (b) (4 marks)Suppose FMP=$0.71 and V=$0.33. Determine the optimal pricing strategy for each firm. (c) (2 marks) Compare your answers in (a) and (b) with that in (b) and (e) in Q2 in assignment one and discuss the differences if there is any. Does restricting each firm's strategy domain affect the equilibrium prediction in this example?
Answers
The equilibrium prices in the pricing game between Coles and Woolworths depend on FMP and V. Solving the optimization problem helps determine the optimal pricing strategies for each firm.
(a) In this case, with FMP=$0.54 and V=$0.26, we need to find the optimal pricing strategies for Coles and Woolworths. Let's start with Coles. Coles' total cost function is TC(QC) = (FMP + V)QC + 1, where QC represents the quantity of Coles milk. The profit function for Coles is given by πC = PC × QC - TC(QC). To find the optimal price for Coles, we need to maximize the profit function with respect to PC.
First, we substitute the demand function QC(PC, PW) = 7.6 - 10PC + 8PW into the profit function and rearrange it:
πC = PC × [7.6 - 10PC + 8PW] - [(FMP + V)QC + 1]
= 7.6PC - 10PC^2 + 8PCPW - (FMP + V)QC - 1
Next, we differentiate the profit function with respect to PC and set the derivative equal to zero to find the critical point:
dπC/dPC = 7.6 - 20PC + 8PW - (FMP + V)(dQC/dPC) = 0
Since dQC/dPC = -10, we can substitute it into the equation and solve for PC:
7.6 - 20PC + 8PW + 10(FMP + V) = 0
7.6 - 20PC + 8PW + 10(0.54 + 0.26) = 0
7.6 - 20PC + 8PW + 8 = 0
20PC = 15.6 + 8PW
PC = (15.6 + 8PW)/20
Now, let's find the optimal price for Woolworths. Following a similar process, we differentiate the profit function for Woolworths with respect to PW and set the derivative equal to zero:
dπW/dPW = 7.6 - 10PW + 8PC - (FMP + V)(dQW/dPW) = 0
Since dQW/dPW = 8, we can substitute it into the equation and solve for PW:
7.6 - 10PW + 8PC - 8(FMP + V) = 0
7.6 - 10PW + 8PC - 8(0.54 + 0.26) = 0
7.6 - 10PW + 8PC - 8 = 0
10PW = 7.6 + 8 - 8PC
PW = (7.6 + 8 - 8PC)/10
Now we have the expressions for PC and PW. To determine the optimal prices, we substitute the expression for PW into the expression for PC and vice versa and solve the resulting system of equations.
(b) In this case, with FMP=$0.71 and V=$0.33, we follow the same steps as in part (a) to find the optimal pricing strategies for Coles and Woolworths.
(c) Comparing the answers in parts (a) and (b) with those in question 2 of assignment one, we observe that restricting each firm's strategy domain to non-negative prices does not affect the equilibrium prediction in this example. The equilibrium prices and quantities are determined by the demand and cost functions, regardless of the specific range of price choices available to each firm.
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Costs for office equipment in the first year of a business can run from approximately
A 500 to $1,500.
B3,000 to $12,000.
C6,000 to $18,000.
D10,000 to $25,000.
Answers
Answer:
c
Explanation:
if it's a green technology than the answer could be c
What are the types of partnership and examples of each?
Answers
Answer:
here you go
Explanation:
Types of partnerships
General partnership. A general partnership is the most basic form of partnership. ...Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...Limited liability partnership. ...Limited liability limited partnership
In Coastal Crop Ltd. Case (CCL), what changes would you make in health benefits as the union in order to save the company from relocating and regaining the contract? Assuming wages, hours of operations are settled
As is shown in Table 1, CCL provides a competitive compensation and benefits package. The average wage at CCL is $20.25 per hour. This compares to an average current wage of $19. 71 for the other firms. The benefits are co-paid (700/o company, 300/o employee). The benefits include dental plan, vision plan, life insurance coverage of two times base salary, medical insurance for hospitalization and prescription drugs, and a sick benefit plan (coverage up to 66.670/o percent of earnings for any absence due to illness, maximum 52 weeks). Current cost of the benefit plan to the employee is $750 per year; the company share is $1,750 per employee per year. In addition, CCL contributes an amount equivalent to 4 percent of each employee's earnings into a retirement fund that can be used by the employee in retirement.
Answers
In order to save Coastal Crop Ltd. (CCL) from relocating and regaining the contract, the union could make changes in health benefits.
Here are some suggestions for these changes: Reduce the employee's cost of the benefits plan or make it more attractive, for instance, by increasing the number of services included. For instance, adding a gym membership for the employees could encourage more people to sign up and increase morale.
Reduce the amount of money that the company spends on health benefits. This could involve reducing the number of benefits provided or increasing the employee's contribution.
The union could negotiate to reduce the cost of the benefit plan to the company, which would reduce the overhead and make it more attractive to stay in the area.
Introducing a Health Savings Account (HSA) or a Flexible Spending Account (FSA) can reduce the amount of money spent on health benefits.
It is an excellent way to save money on health insurance, as it gives employees more control over their healthcare costs.
Increasing the amount of money the company contributes to the employee's retirement account, as this would provide a long-term benefit to the employee. This could be a way to attract more employees and increase morale.
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When a nation exports a good, its surplus increases, and when it imports a good, its surplus increases.a) consumer; consumerb) producer; producerc) producer; consumerd) consumer; producere) total; producer
Answers
Option d: When a nation exports a good, its consumer surplus increases, and when it imports a good, its producer surplus increases.
Importing goods increases both producer surplus and total national surplus.
Surplus is the amount of resources or goods available compared to the amount actually used. Income, earnings, capital, and products are just a handful of the many items that may be considered surplus. Unsold inventory on the shelves is called surplus.
When you cover your expenses and get your income, you end up with a budget surplus. Governments can also have a budget surplus if additional tax revenue remains after all programs are fully funded.
Having extra stuff is not always a good thing. For example, a manufacturer that overestimates future demand for a particular product may produce an excessive number of unsold units.
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Complete question:
When a nation exports a good, its ________ surplus increases, and when it imports a good, its________ surplus increases.
A) consumer; consumer
B) producer; producer
C) producer; consumer
D) consumer; producer
E) total; producer
Discuss the five phases of international marketing involvement. What are some examples of how your own company (or a company you are familiar with) is involved in any global marketing efforts or marketing plans beyond its local market? What conditions have led to the success or failure of these international marketing environment efforts?
Answers
Successful international marketing efforts require thorough market research, strategic planning, understanding of local cultures, and adaptability to the global marketplace.
The five phases of international marketing involvement are:
1. No Direct Foreign Marketing: In this phase, companies do not actively seek opportunities in foreign markets and focus solely on their domestic market.
2. Infrequent Foreign Marketing: Companies enter the second phase when they engage in sporadic export activities by fulfilling foreign orders that come their way.
3. Regular Foreign Marketing: In this phase, companies have a more proactive approach to international markets by establishing a dedicated export department and seeking out foreign markets regularly.
4. International Marketing: Companies in this phase have a deeper involvement in international markets, including setting up overseas sales offices, distribution channels, and adapting their products to suit foreign markets.
5. Global Marketing: Companies in the final phase have a fully integrated global strategy, with a standardized marketing program across different countries. They emphasize global branding and coordinate marketing efforts worldwide.
An example of a company involved in global marketing efforts is Coca-Cola. Coca-Cola has a presence in over 200 countries and is known for its consistent global branding.
The company adapts its marketing strategies and products to suit different cultural preferences, such as offering unique flavors in different regions.
Coca-Cola's success in the international market can be attributed to its strong brand image, effective market research, and the ability to adapt to local preferences and cultures.
In contrast, companies may face challenges and failures in their international marketing efforts due to various factors. These include cultural differences, regulatory barriers, economic conditions, and competition.
Lack of understanding of local markets and consumer preferences can also lead to failure.
Successful international marketing efforts require thorough market research, strategic planning, understanding of local cultures, and adaptability to the global marketplace.
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winn co. signs a 60 day note payable for a $15,000 copy machine with an interest rate of 8%. winn will record total interest expense of:
Answers
Answer: $200
Explanation:
The total interest expense that should be recorded is $200.
Given that,
winn co. signs a 60 day note payable for a $15,000 copy machine with an interest rate of 8%.Here we assume 360 days in a year.Based on the above information, the calculation is as follows:
= $15,000 ×8% × 60 ÷ 360
= $200
Therefore we can conclude that the total interest expense that should be recorded is $200.
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a stock pays a constant annual dividend and sells for $31.11 per share. if the dividend yield of this stock is 9 percent, what is the dividend amount?
Answers
The profit measure of the stock is $ 2.80.
Yield on Dividends: It refers to the dividend income from a specific stock's dividends that yields a return.
Dividend
A company's profits are divided between dividends and retained earnings in accounting.A dividend is a payment made to shareholders as a return on their investment from a company's earnings.A significant factor in determining a stock's value is the dividend growth rate, which can be constant, zero, or multiple.The assumption that the current stock price represents the present value of all future dividends is one method for valuing stocks.The dividend yield is the ratio of the stock's price to the dividend paid.The dividend yield formula can be used to calculate the dividend amount:
Dividend Yield is calculated by dividing the total dividend by the stock's current price, where 0.09 equals the total dividend divided by 31.11 equals 2.80.
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The main purpose of a depository institution is to:
A. hold deposits in accounts and use that money to offer loans.
B. provide guaranteed payments to depositors under specific
conditions.
C. use deposited money to purchase stocks and bonds in order to
make a profit.
D. allow customers to deposit money into accounts at no charge.
SUBMIT
Answers
Answer:
A. hold deposits in accounts and use that money to offer loans.
Explanation:
Depository institutions include commercial banks, credit unions, among others. They provide a safe, secure, and convenient way for customers to save money and a source of credit for households and businesses. Depository institution offers interest on deposits and uses that money to extends loans at a higher interest.
Interest on loans is the main source of revenue for depository institutions. They create loans from customer deposits and facilitate household and business expansion in the economy.
A. hold deposits in accounts and use that money to offer loans.
what can i do if my total in cash account is not the same in credit and debit side?
Answers
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
Which of the following statements about investing is TRUE?
1. Investing is a guaranteed way to make money.
2. Investing is best for short-term financial goals.
3. Investing is riskier than putting money in a savings accounts.
4. On average, putting money in a savings account earns a higher return than investing money in the stock market.
Answers
Answer:
3. Investing is riskier than putting money in a savings accounts.
Explanation:
Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.
Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.
taco bell understands that educational programming is a(n) __________ motivator. multiple choice extrinsic intrinsic hygiene hierarchy hawthorne
Answers
Extrinsic motivators are external rewards or incentives that drive behavior. Taco Bell understands that educational programming serves as an extrinsic motivator.
As it can be used to incentivize customers to engage with their brand or products through educational content. By providing educational programming, Taco Bell aims to attract customers and enhance their experience by offering valuable knowledge in addition to their products. This strategy aligns with the principles of extrinsic motivation, leveraging external rewards to influence consumer behavior and foster brand loyalty.
In this context, Taco Bell recognizes that educational programming can serve as a powerful tool to motivate customers to interact with their brand. By offering educational content alongside their products, Taco Bell provides an extrinsic motivator that entices consumers to engage with their brand and potentially develop a deeper connection. These educational initiatives may include informative videos, interactive quizzes, or engaging campaigns focused on topics related to food, nutrition, or culinary arts. By leveraging education as an extrinsic motivator, Taco Bell not only seeks to enhance customer experience but also aims to position itself as a brand that goes beyond traditional fast food, catering to customers' intellectual curiosity and desire for knowledge.
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