Please answer under 40 minutes! I need to answer.
Question 1 (a)

Let's say you made a mistake and overestimated the value of breeding livestock by $15,000. How would this affect liquidity? Solvency?

Question 1 (b)

Why do we use depreciation instead of principal payments as an expense against income?

Answers

Answer 1

1a. Overestimating the value of breeding livestock by $15,000 would affect liquidity negatively and may have no impact on solvency.

1b. Depreciation is used as an expense against income instead of principal payments because depreciation represents the gradual loss in value of an asset over time due to wear and tear, obsolescence, or other factors.

1-a. Overestimating the value of breeding livestock by $15,000 would affect liquidity negatively and may have no impact on solvency. Liquidity refers to the ability to meet short-term obligations, and overestimating the value of breeding livestock would inflate the asset value, giving a false impression of available funds. This could lead to difficulties in paying current liabilities. Solvency, on the other hand, measures the long-term financial health of a farm and is determined by the ability to meet long-term obligations. Overestimating the value of breeding livestock does not directly impact solvency unless it affects the overall asset value significantly.

1-b.  It is a non-cash expense that reflects the reduction in the asset's value as it is used in the farm's operations. Principal payments, on the other hand, represent the repayment of debt and do not directly relate to the decrease in the asset's value. By using depreciation, the farm can allocate the cost of the asset over its useful life, matching the expense with the revenue generated from its use. This provides a more accurate representation of the farm's profitability and financial performance.

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Related Questions

Explain the changes in economic systems and labor systems from 1450 to 1750. (Unit 4.4)

Answers

Despite the influence of European powers, economic systems like the Indian Ocean Trade Network and the Mit'a System mostly remained unchanged from 1450 to 1750.

However, Europeans also brought new types of labour to the Americas, notably the Hacienda System and chattel slavery.

Existing trade networks in the Indian Ocean continued to thrive and included intra-Asian trade and Asian merchants (such Swahili Arabs and Omanis), despite considerable disruption and reorganisation brought on by the advent of Portuguese, Spanish, and Dutch merchants.

In the Americas, newly established colonial economies relied heavily on agriculture and made use of pre-existing labour arrangements.

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you borrow $670 from your brother and agree to pay back $760 in 4 months. what simple interest rate will you pay?

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You will pay a simple interest rate of 10.75% if you borrow $670 from your brother and agree to pay back $760 in 4 months.

To calculate this, use the formula I=Prt, where I is the interest, P is the principal (the amount of money borrowed, in this case $670), r is the rate (the interest rate, in this case 10.75%), and t is the time (the number of months, in this case 4). Plugging this into the formula yields I=670(0.1075)(4) = $30.90, which is the amount of interest that you will pay your brother. You will pay a simple interest rate of 13.43% on the loan you borrowed from your brother.

Here is a step-by-step explanation of how to calculate the simple interest rate:

1. First, calculate the amount of interest you will pay by subtracting the original amount borrowed from the amount you will pay back: $760 - $670 = $90

2. Next, use the simple interest formula to solve for the interest rate:
I = PRT
Where I is the interest, P is the principal (original amount borrowed), R is the interest rate, and T is the time in years.

3. Plug in the values you know:
$90 = $670 * R * (4/12)

4. Solve for R:
R = ($90 * 12) / ($670 * 4)

5. Simplify and convert to a percentage:
R = 13.43%

So, the simple interest rate you will pay on the loan from your brother is 13.43%.

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The Kelleys purchased a new residence in 2005 for $320,000 from Adam who owned and used the residence as rental property. When the Kelleys wanted to purchase the property, it was being rented to tenants who had four months remaining on their lease. The Kelleys paid the tenants $1,900 to relinquish the lease and vacate the property, in 2009, they added a family room to the house at a cost of $80,200 In 2011, they suffered hail damage to the roof and received $10,500 from the insurance company They did not repair the damaged roof, and no casually loss deduction
was allowed What is their adjusted basis for the house today?
Their adjusted basts for the house today is

Answers

The Kelleys purchased a new residence in 2005 for $320,000 from Adam who owned and used the residence as rental property.  Adjusted basis of the Kelleys for the house today will be $410,200.

Adjusted basis refers to the cost or other basis of property adjusted for tax purposes by improvements, depreciation, and other factors that affect the property's value. There are several factors that need to be considered while calculating the adjusted basis of the house today.

Calculation of the adjusted basis for the house today:

Purchase price of the house by the Kelleys in 2005 = $320,000

Expenses incurred in 2005 to acquire the property by Kelleys such as real estate fees and transfer taxes = $2,000

Cost incurred by Kelleys in 2009 to add a family room to the house = $80,200

Cost incurred by Kelleys to pay the tenants for the lease relinquishment = $1,900

Hail damage suffered by Kelleys in 2011 to the roof = $10,500

Adjusted basis = Purchase price + Expenses incurred - Depreciation + Improvements made to the property

Adjusted basis = $320,000 + $2,000 + $80,200 + $1,900 - $0 + $10,500

Adjusted basis = $410,200

Therefore, the adjusted basis of the house today for the Kelleys is $410,200.

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the price of a dozen eggs falls from $3 to $2.70. in response to this price change, the quantity supplied of eggs falls from 100,000 dozen eggs to 75,000 dozen eggs. what is the price elasticity of supply for eggs? 0.37 2 0.5 2.7

Answers

Twelve eggs are now $2.70 instead of $3. The number of dozen eggs supplied decreases from 100,000 to 75,000 as a result of the price shift. The price elasticity of egg supply is 3.33.

Define price elasticity of supply

Price elasticity of supply is a metric that expresses how responsive a good's supply is to price changes. By dividing the percentage change in the quantity supplied by the percentage change in the price, it is calculated.

The quantity supply price elasticity is calculated as the difference between a percentage change in the quantity supplied and a percentage change in the price.

For eggs, the price elasticity of supply is:

% change in Quantity supply= 75,000- 100,000/75,000× 100=33.33%

% change in price = (2.70 - 3.00) ÷ 3.00× 100= 10.00%

Price elasticity of supply = 33.33/10.00=3.33

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skypie is a mom and pop bakery in detroit. it costs them $2.48 to make a single rhubarb pie. they sell the pies for $7.89 each. what percent of the price of a pie does the cost represent?

Answers

The cost represents 31.5% of the price of a pie.

The percent of the price of a pie that the cost represents can be calculated by taking the cost of the pie ($2.48) and dividing it by the selling price of the pie ($7.89). Then, multiply that number by 100 to express it as a percentage. In this case, the cost of the pie represents 31.36% of the selling price.

It's important for businesses to understand the cost of their products in relation to the price they are charging in order to ensure profitability and make informed pricing decisions. Additionally, understanding the cost-to-price ratio can also help with budgeting and cost management. In the case of Skypie Bakery, they have a 68.64% profit margin on their rhubarb pies. This means that they make a profit of $5.41 on each pie they sell.

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A beginning inventory of $31,000 and a gross profit rate of 44% on net sales. Estimated cost of merchandise lost The inventory of Coronado Company was destroyed by fire on March 1. From an examination of the accounting records, the following data for the first 2 months of the year are obtained: Sales Revenue $55,000, Sales Returns and Allowances $1,000, Purchases $33,000, Freight-In $1,500, and Purchase Returns and Allowances $1,700. Determine the merchandise lost by fire, assuming: (a) A beginning inventory of $23,000 and a gross profit rate of 30% on net sales. Estimated cost of merchandise lost

Answers

The estimated cost of merchandise lost by fire, assuming a beginning inventory of $23,000 and a gross profit rate of 30% on net sales, is $27,900.

To calculate the estimated cost of merchandise lost by fire, we need to determine the cost of goods sold (COGS) and subtract it from the net sales. The COGS can be calculated using the gross profit rate on net sales.

Net sales can be calculated by subtracting the sales returns and allowances from the sales revenue:

Net sales = Sales revenue - Sales returns and allowances

Net sales = $55,000 - $1,000

Net sales = $54,000

To calculate COGS, we use the gross profit rate on net sales:

Gross profit = Gross profit rate * Net sales

Gross profit = 0.30 * $54,000

Gross profit = $16,200

Now, we can calculate the COGS by subtracting the gross profit from the net sales:

COGS = Net sales - Gross profit

COGS = $54,000 - $16,200

COGS = $37,800

To estimate the cost of merchandise lost by fire, we need to consider the change in inventory. Given a beginning inventory of $23,000, the formula for the ending inventory is:

Ending inventory = Beginning inventory + Purchases + Freight-In - Purchase Returns and Allowances - COGS

Plugging in the given values, we have:

Ending inventory = $23,000 + $33,000 + $1,500 - $1,700 - $37,800

Ending inventory = $18,000

The merchandise lost by fire can be calculated by subtracting the ending inventory from the beginning inventory:

Merchandise lost = Beginning inventory - Ending inventory

Merchandise lost = $23,000 - $18,000

Merchandise lost = $5,000

Therefore, the estimated cost of merchandise lost by fire, assuming a beginning inventory of $23,000 and a gross profit rate of 30% on net sales, is $27,900 ($5,000 / 0.30).

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employers use which form to compute the amount of federal income tax to withhold?

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Employers use Form W-4 to compute the amount of federal income tax to withhold from an employee's paycheck.

Form W-4, also known as the Employee's Withholding Certificate, is a tax form that employees complete and submit to their employers. The purpose of this form is to provide the employer with information necessary to calculate the appropriate amount of federal income tax to withhold from the employee's wages.

When an employee starts a new job or experiences changes in their personal or financial situation, such as getting married, having a child, or receiving additional sources of income, they need to update their Form W-4 to ensure the correct withholding amount. The form includes sections where employees can indicate their filing status, the number of allowances they wish to claim, and any additional amounts they want to withhold.

Employers use the information provided on the Form W-4, along with the IRS withholding tables and formulas, to determine the amount of federal income tax to deduct from each paycheck. This ensures that the appropriate amount of taxes is withheld throughout the year, reducing the likelihood of owing a large sum at tax time or receiving a significant refund.

It's important for employees to review their Form W-4 periodically and make adjustments as necessary to ensure accurate withholding based on their individual tax situation.

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Why is it important for o evaluate your advertising campaign when it is complete?

Answers

Answer:

A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.

Explanation:

The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.

Cari is seling some of his valuable trading cards to the local hobby shop. The marginal cost of aeting cards is increasing in the humber of cards sold, since parting weth one's prized possessions is diffecult. In particular, it the cuantity of cardu sold is q, then Cart's marginal cost equation is MC=10+4q We will say that. for any quantity, the average cost to Cart is given by the equation

Answers

The average cost to Cari is given by the equation ACost of selling the cards is increasing with the quantity of cards sold due to the emotional difficulty of parting with prized possessions. The marginal cost equation is represented as MC = 10 + 4q, where q is the quantity of cards sold.

The average cost equation can be derived by dividing the total cost (TC) by the quantity (q). The total cost is the integral of the marginal cost function. Therefore, the average cost (AC) equation is:

AC = (1/q) ∫(10 + 4q) dq

Simplifying and solving the integral, we get:

AC = 10q + 2q^2 + C

Where C is the constant of integration.

C = 10q + 2q^2 + C, where the average cost increases as the quantity of cards sold (q) increases.

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Risk Management: All organizations activities involve risk. Risks are events caused by uncertainties, which can have a positive or negative effect on the project objectives. All projects are unique and thus the associated risk varies between projects.
An American multinational conglomerate incorporated in New York State and headquartered in Boston operates in the following segments: aviation, healthcare, power, renewable energy, digital industry, additive manufacturing, locomotives, and venture capital and finance. The VP of Risk Management and the Director of Project Management are jointly working on a risk assessment for a new class of business ventures. Market research shows that the probability of understaffing causing costly delays is 0.5613 and the probability of natural disaster causing delays is 0.5752. The probability of both understaffing and a natural disaster is 0.3229.
Let UN = The event of understaffing causes a delay, ND = The event of a natural disaster causes a delay.
(a) What is the probability that at least one of these events causes a delay? (Round your answer to four decimal places)
Identify the correct notation AND terminology for the probability you calculated immediately above. (Select all terms that are applicable to any part of this calculation) (Select all that apply.)
P((UN∩ND)∩(UN∪ND))
P((UN∪ND)∩(UN∩ND)C)
Complement
P(ND)
Union
P(UN∪ND)
P((UN∪ND)C)
P(UN)
Disjoint
Intersection
(b) What is the probability that that neither event causes a delay? (Round your answer to four decimal places)
Identify the correct notation AND terminology for the probability you calculated immediately above. (Select all terms that are applicable to any part of this calculation) (Select all that apply.)
P((UN∩ND)∩(UN∪ND))
Intersection
Union
Complement
Disjoint
P(UN∪ND)
P(UN)
P((UN∪ND)∩(UN∩ND)C)
P(ND)
P((UN∪ND)C)
(c) What is the probability that exactly one of these events causes a delay? (Round your answer to four decimal places)
Identify the correct notation AND terminology for the probability you calculated immediately above. (Select all terms that are applicable to any part of this calculation) (Select all that apply.)
P((UN∪ND)∩(UN∩ND)C)
P(ND)
Intersection
Disjoint
P((UN∪ND)C)
Complement
P((UN∩ND)∩(UN∪ND))
P(UN)
Union
P(UN∪ND)
Are the events UN and ND independent? Why or why not? (Select all that apply.)
Yes
The probability of both events occurring is equal to the product of their unconditional probabilities.
Because P(UN∩ND) = P(UN) × P(ND), these events must be independent.
Because P(UN∩ND) ≠ P(UN) × P(ND), these events must NOT be independent.
No The probability of both events occurring is equal to the product of their conditional probabilities.

Answers

a. The probability that at least one of the events causes a delay is 0.8136, and the correct notation is P(UN∪ND).

b. The probability that neither event causes a delay is 0.1864, and the correct notation is P((UN∪ND)C).

c. The probability that exactly one of the events causes a delay is 0.6284, and the correct notation is P((UN∩ND)∩(UN∪ND)C)

a. The probability that at least one of the events (understaffing or natural disaster) causes a delay is 0.8136.

The correct notation and terminology for the probability calculated above is P(UN∪ND), which represents the probability of the union of events UN (understaffing causes a delay) and ND (natural disaster causes a delay).

b. The probability that neither event causes a delay is 0.1864.

The correct notation and terminology for the probability calculated above is P((UN∪ND)C), which represents the complement of the union of events UN and ND.

c. The probability that exactly one of the events causes a delay is 0.6284.

The correct notation and terminology for the probability calculated above is P((UN∩ND)∩(UN∪ND)C), which represents the intersection of event UN and the complement of the union of events UN and ND.

The events UN (understaffing causes a delay) and ND (natural disaster causes a delay) are not independent. This is because the probability of both events occurring, P(UN∩ND), is not equal to the product of their unconditional probabilities, P(UN) × P(ND). Therefore, the events UN and ND are dependent.

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A company should include using AI to increase productivity on which section of its balanced scorecard? Multiple Choice financial internal business customer innovation and learning

Answers

A company should include Innovation and Learning using AI to increase productivity on the Internal Process perspective of its balanced scorecard.

What is the Internal Process Perspective of the Balanced Scorecard?

The internal process perspective section drives customer and finance-related objectives, especially dealing with:

Process improvementsQuality optimizationCapacity utilization.

Thus, A company should include Innovation and Learning using AI to increase productivity on the Internal Process perspective of its balanced scorecard.

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what is meant by the phrase 'external costs of production'

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External costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.

These costs are imposed on individuals or society as a whole and are not accounted for by the producers or consumers of the goods and services. Externalities can be negative or positive and can arise from a variety of sources, such as pollution, congestion, noise, or benefits to others. Externalities are often considered to be market failures because they can result in inefficient outcomes and distortions in resource allocation.

Therefore, external costs of production, also known as externalities, refer to the indirect costs that are incurred as a result of producing goods and services but are not reflected in the market price.

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A country currently has a population of 200 million and an annual growth rate of 3.0%. If the growth rate remains constant, after 70 years, the population will be approximately:

Answers

200,000,000(1.03)^70= 1,583,564,382

Most advertising spending is directed to _____.

Answers

Answer:

the internet

Explanation:

Minimizing Construction Costs The management of the UNICO department store has decided to enclose an 839 Rares outside the building for displaying potted plants and flowers. One sid will be formed by

Answers

The management of the UNICO department store plans to enclose an 839-square-foot area outside the building for displaying potted plants and flowers.

The management's decision to enclose an 839-square-foot area outside the UNICO department store is aimed at creating a designated space for displaying potted plants and flowers. By enclosing this area, the store can enhance its aesthetics, provide a pleasant environment for customers, and potentially attract more foot traffic.

Enclosing the area can serve several purposes. It can protect plants and flowers from harsh weather conditions, such as excessive sunlight, wind, or rain, ensuring their longevity and attractiveness to customers. Additionally, enclosing the space allows for better control over the display, enabling the store to organize and arrange the plants in an appealing manner.

The enclosure can be achieved through various means, such as constructing walls or using glass panels, depending on the desired design and budget. The materials used should be durable, aesthetically pleasing, and able to withstand the outdoor environment.

Overall, the decision to enclose the 839-square-foot area outside the UNICO department store for displaying potted plants and flowers is a strategic move to enhance the store's ambiance, attract customers, and create an enjoyable shopping experience.

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Tucker works for a retail distributor company that was recently started. Tucker already invested a lot of his earnings into shares of the company. When the quarterly earnings are posted, Tucker receives a check for 8% of the quarterly profit of the company. Tucker belongs to a _________ Corporation.
A. Professional
B. Closely-Held
C. Sub chapter S

Answers

Closely- Held I think

Which type of system would you find citizens paying higher taxes in order to have the Government provide some benefits for society such as healthcare, job training, and welfare programs

Answers

Answer:

ghihgihihgiogiog

Explanation:

Help answer these two questions pleaseee


1. Across the course, you've learned about many other desktop publishing software programs besides PowerPoint. Identify at least two other technologies available for desktop publishing (the software can be presentation-based, word processing, spreadsheet software.etc.). What are some common features across PowerPoint and these other programs?



2. What are 2 differences that could be expected in how an employee would speak to other staff members in a truly flat organizational structure compared to a hierarchical structure?

Answers

Answer:

1.

At least two other technologies available for desktop publishing:

Microsoft WordMicrosoft ExcelMicrosoft Publisher

Common features across PowerPoint and the above programs:

These programs are all part of the Microsoft 365 (formerly Microsoft Office) suite of software tools. They are available for both personal and professional use. All programs use a subscription model. They are designed to be compatible across Microsoft's entire product line and allow for instant collaboration among multiple registered users.

2.

Two differences in how an employee might speak to other staff members in a flat organizational structure versus a hierarchical structure:

Less expectation of formality: speech would likely be delivered in a more casual manner and tone among many staff membersAn increase in dialogue: a reduction or elimination of middle management necessitates increased collaboration among staff

Which of the following statements is most true of order-getting salespeople?
A They seek out possible buyers and use an organized, creative
approach to present messages.
B. They call on buyers further down the marketing channel than their
company's own customers.
C. They focus on completing sales accurately and courteously.
D. Their role is a less expensive kind of selling than order taking.

Which of the following statements is most true of order-getting salespeople?A They seek out possible

Answers

Answer:they seek out possible buyers and sue an organized creative approach to present messages

Explanation:

The following statements are most true of order-getting sales people  They seek out possible buyers and use an organized, creative. Thus option (A) is correct.

What is Sales?

A sale is an agreement between a buyer and a seller in which the seller exchanges money for the sale of tangible or intangible products, assets, or services. There are two or more parties involved in a sale. A sale, or a contract between two or more parties, such as the buyer and seller, can be thought of in larger terms.

The following statements are most true of order-getting salespeople  They seek out possible buyers and use an organized, creative.

Therefore, Thus option (A) is correct.

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1. Why is career education so important for teens?

Answers

Because in the future it will help you decide what you want to do

The three levels of conversion for an e-mail campaign are...?
Select one:
a. Did they give permission to receive it, did they click on the appropriate link in the e-mail, did they reply to it
b. Did they receive it, did they open it, did they respond to it.
c. Did they like it, did they forward it, did they save it.
d. Did it have a stamp, did it have an address, did it have a zip code.
e. How long did it take them to open it, how much time did they spend reading it, whether or not they saved it.

Answers

The three levels of conversion for an e-mail campaign are whether they received it, whether they opened it, and whether they responded to it. Option (b) correctly lists these three levels.

The three levels of conversion for an e-mail campaign are: Did they receive it, did they open it, did they respond to it. These levels are commonly used to measure the effectiveness of email marketing campaigns. The first level involves ensuring that the email was successfully delivered to the recipient's inbox. The second level requires the recipient to open the email and actually view the content.

Finally, the third level is the most important, as it involves the recipient taking action, such as making a purchase or filling out a survey, in response to the email. By analyzing the success rate at each level, marketers can refine their strategies and improve the overall effectiveness of their email campaigns. Option b is correct choice.

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what are the building blocks of a personality select all that apply A. emotional qualities B, ethnic identity

Answers

Answer:

A

Explanation:Bcause ethnic identity should not determine youre personality. Many peoplefrom the same ethic identity may have different personalities.

Answer:

emotional qualities, ways of behaving

Explanation:

correct on quick check.

What is the primary purpose of job specialization A. Regional self-sufficiency B. Increased consumer income C. Increased marginal utility D. Increased efficiency and productivity Plz answer this fast only have 2 hours

Answers

Answer:

D. Increased efficiency and productivity

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

Answer:

D

Explanation:

just took the test

Heather's Auto Body purchased new equipment with 90 days same as cash terms.
What workflow would you recommend so she can make sure to set aside the money to pay it when it comes due in 90 days?

Answers

To ensure that Heather's Auto Body can make the payment when it comes due in 90 days, it is essential to have a clear workflow in place. Here are a few steps that I would recommend:

1. Create a budget: The first step is to create a budget that includes the cost of the new equipment, as well as any other expenses that the business may incur during this period. This will give a clear picture of the business's cash flow and allow for better financial planning.
2. Set aside funds: Once the budget is created, set aside the funds required to pay for the new equipment in a separate account. This will ensure that the money is available when the payment comes due, and will prevent any confusion with other business expenses.
3. Track cash flow: Regularly track the business's cash flow to ensure that there is enough money available to pay for the new equipment when the payment comes due. This will also help identify any potential cash flow issues before they become a problem.
4. Monitor the payment due date: It is important to keep track of the payment due date and set reminders in advance so that the payment is not missed.
By following these steps, Heather's Auto Body can ensure that they have the funds available to pay for the new equipment when the payment comes due in 90 days. This will prevent any financial strain on the business and allow it to operate smoothly.

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E F G H L set up your decision table and everything else below Prob. 0.05 0.2 0.3 0.1 Demand 150 175 200 225 250 Expected Payoff Supply A50 #NAME? 180 200 220 240 Payoff under perfect info Expected payoff under perfect info Expected value of perfect info Expected demand units Set up the following two-way data table to calculate the expected payoff if ordering the expected demand qty 150 175 200 225 250 Order qty 0 Expected payoff if ordering expected demand qty Question 4 4 pts Hint: 0. You must clearly mark every row, column, and cell in your work. Mountain Ski Sports, a chain of ski-equipment shops in Colorado, purchases skis from a manufacturer each summer for the coming winter season. The most popular intermediate model costs $150 and sells for $275. Any skis left over at the end of the winter are sold at the store's spring sale (for $100). Sales over the years are quite stable. Gathering data from all its stores, Mountain Ski Sports developed the following probability distribution for demand: 1. Contruct a payoff table. Make sure rows represent alternatives (order quantity, 160, 180,..., 240) and columns outcome of random event (demand 150, 175, ..., 250). It would be easier to calculate the payoff using a Newsvendor model and a two-way data table (FS:K10). Calculate the expected payoff of each purchase quantity (better using SUMPRODUCT() and placing the result at the end of each row L6:L10) and highlight the best one. Demand Probability 150 0.05 175 0.20 2. Calculate the expected payoff under perfect information by: find the best payoff under each demand (better place them at the bottom of each column G12:K12), multiply with corresponding probability and add up (SUMPRODUCT() again in G13). The difference between the expected payoff under perfect information and the best expected payoff from step 1 is the expected value of perfect information. Highlight it in G14. 200 0.35 225 0.30 250 0.10 The manufacturer will take orders only for multiples of 20, so Mountain Ski is considering the following order sizes: 160, 180, 200, 220, and 240. 3. Calculate the expected demand (each demand times corresponding prob. and then add up in G16). What would be the payoff of ordering this quantity under each demand? use another two- way data table to calculate in F18:K19. Calculate the expected payoff in G20 Highlight both expected demand and payoff. Will you do better than ordering the quantity from step 1? A B 1 Mountain Ski Sports 2 Set up the newsvendor model below 3 Cost $ 150.00 4 Reg Price 5 Discount Price 6 7 Demand 8 Order size 9 10 Qty sold at reg price 11 Qty sold at discount 12 13 Revenue at reg price 14 Revenue at discount 15 Total costs 16 17 Profit 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 ¯¯¯¯¯¯¯¯¯¯¯¯ C D 0.35 J K M

Answers

As this is greater than the best expected payoff from step 1 ($2200), it is better to order the expected demand qty rather than the quantity from step 1.

The following is the solution to the question: Based on the given problem and the requirements, we construct a decision table as shown below:| | | | | | Demand | | | | | | | 150 | 175 | 200 | 225 | 250 | |---|---|---|---|---|---| | Supply A50 | | 180 | 200 | 220 | 240 |Payoff under perfect info: From the given data, we can find the best payoff for each demand as follows:| | | | | | Demand | | | | | | | 150 | 175 | 200 | 225 | 250 | |---|---|---|---|---|---| | Best payoff | $1000 | $4200 | $5250 | $5500 | $4800 |To calculate the expected payoff under perfect information, we can use the following formula: Expected payoff under perfect information = (0.05 x $1000) + (0.2 x $4200) + (0.3 x $5250) + (0.1 x $5500) + (0.1 x $4800)Expected payoff under perfect information = $2435Expected value of perfect information: Expected value of perfect information = Expected payoff under perfect information - Best expected payoff Expected value of perfect information = $2435 - $2200Expected value of perfect information = $235The expected demand units can be calculated as follows: Expected demand units = (0.05 x 150) + (0.2 x 175) + (0.3 x 200) + (0.1 x 225) + (0.1 x 250)Expected demand units = 186.5To calculate the expected payoff if ordering the expected demand qty, we set up the following two-way data table:| | | | | | Demand | | | | | | | 150 | 175 | 200 | 225 | 250 | |---|---|---|---|---|---| | Order qty 0 | $7500 | $15000 | $18750 | $20000 | $17500 |Expected payoff if ordering expected demand qty = $18750Thus, the expected demand and payoff if we order the expected demand qty is 186.5 and $18750 respectively. As this is greater than the best expected payoff from step 1 ($2200), it is better to order the expected demand qty rather than the quantity from step 1.

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3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?

Answers

Answer:

$156

Explanation:

he old price per basket is $0.50 per basket

the new supplier has a price of $0.40 per basket

Savings per basket is $0.10 ($.50- $0.40)

The average sales per month are 130 baskets.

The average savings per months will be

=$0.10 x 130

=$13

yearly savings will be

=$13 x 12 months

=$156

The product development strategy involves marketing a ______ product or service to a ______ market for the organization.

Answers

Answer:

1. Market development

2. Market penetration

3. Diversification

Explanation:

lind co.'s salaries expense of $10,000 is paid every other friday for the 10 workdays then ending. lind's employees do not work on saturdays and sundays. the last payroll was paid on june 18. on wednesday, june 30, the month-end balance in the salaries expense account before accruals was $14,000. what amount should lind report as salaries expense in its income statement for the month ended june 30? select an option

Answers

The amount should lind report as salaries expense in its income statement for the month ended June 30 is $22,000.

What is salaries expense?

Salaries are the set remuneration earned by employees. The charge indicates the cost of non-hourly labor for a firm. It is typically segregated into a salaries' expenditure account for each department, such as: Salaries expense - accounting department.

It was given that salaries expense for 10 working days is $10,000. Therefore, salaries expense per working day is as follows:-

Salaries expense = $10,000 ÷ 10 days

                              = $1000

Last payroll was paid on June 18, with a balance of $14,000 in the salaries cost account before accrual.

As a result, we must compute the salary expenditure from June 19 to June 30.

Working days from June 19 to June 30 = 8 days (excluding Saturday and Sunday).

Salaries expense for 8 days = 8 x $1,000

                                               = $8,000

Salaries expense in the income statement for the month ended = =$14,000 + $8,000

=$22,000

Hence, the amount is $22,000.

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_______are made of pooled money of shareholders in a company invested
by a fund manager
Mutual Funds
Savings Bonds
Certificates of Deposit

Answers

certificates of deposit

This would be a mutual fund

What is time?????????

Answers

Answer:

Time is define as the progression of events from the past to the present into the future.

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