Santana sells a product for $115 per unit. The variable cost is $75 per unit, while fixed costs are $65,000. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $125 per unit. a. Break-even point in sales units fill in the blank 1 units b. Break-even point if the selling price were increased to $125 per unit
Answers
The break even point when sales is $115 per unit is 1,625units and 1,300 units when sale price increases to $125
Finding Break even Point.Break-even point in sales units:= Fixed costs ÷ (Selling price per unit - Variable cost per unit)
= $65,000 ÷ ($115 -$75 )
= 1625units
Break-even point in sales units when selling price becomes $125= Fixed costs ÷ (Selling price per unit - Variable cost per unit)
= $65,000 ÷ ( $125 -$75 )
= 1300units
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You have received two bids from outside companies to conduct guest satisfaction surveys for you. You want at least 320 responses. Company A charges $3,200 + $6 per respondent. Company B charges $4,000 + $3 per respondent. Which company will cost you less?
a) Company A
b) Company B
Answers
From the two bids received from outside companies to conduct guest satisfaction surveys, the company that would cost me less will be Company B which charges $4,000 + $3 per respondent.
What is a bid?A bid is the price offer that a corporation or individual is willing to pay in the context of auctions, stock exchanges, or real estate. Bidding is an individual or business's offer to set a price for a product or service, or a demand that something is done. Bidding is a method of determining the price or worth of something.
Bidding can be done by a person who is influenced by a product or service in a given setting. It is used by numerous economic niches to determine demand and thus the worth of a commodity or property. In today's modern technology environment, the Internet is a preferred platform for giving bidding services.
Therefore, from the bids received it can be concluded that Company B would cost less.
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When an employee leaves a position, how should the human resources department respond?
A. Post a job description to fill the position as quickly as possible.
B. Review the position to determine whether and when the position
should be filled again.
C.Train another employee to fill the position as quickly as possible.
D. Meet with college career advisors to advertise the position.
Answers
When an employee leaves a position, the right response of the human resources department will be to review the position to determine whether and when the position should be filled again.
What is the role of human resources department?In management, a Human resources refers to the division of a business that is charged with finding, screening, recruiting as well as training the job applicants. The HR managers also administers employee-benefit programs.
The department of human resources HR is an essential component of any business regardless of an organization's size. The department is mainly tasked with maximizing employee productivity and protecting the company from any issues that may arise within the workforce.
In conclusion, these HR managers plays an important role in helping companies deal with a fast-changing business environment and a greater demand for quality employees in the 21st century.
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Answer:
B. - Review the position to determine whether and when the position should be filled again.
Explanation:
will managers be able to make informed decisions in a public company?
Answers
The managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
What is an informed decisions?In an organization, this refers to the gathering of facts and information that may be relevant to the decision making or the interpreting of that information through critical analysis.
Mostly in a publicly traded company, the people that choose to buy stock in the company become shareholders and gain partial ownership of the company. These shareholders collectively elect executive board members who make high-level decisions about the direction of the company.
Therefore, the managers are not able to make informed decisions in a public company, rather, the elected executive board members make those high-level decisions about the direction of the company.
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Elana has opened a new aerobics studio in her area. How might Elana use social media as a market to spread the word about her new studio?
Answers
Elana can use social media as a marketplace to promote her new studio in a variety of ways such as:
Creating social media adsCreating valuable content for your target audienceStrengthening the relationship with your consumersHow does social media help a business grow?Social networks are easy-to-use and inexpensive platforms for sharing ideas, advertising, etc. It is a medium where potential consumers can be found who can engage with valuable content posted by a company and be interested in it.
Therefore, social media can help Elana develop her business through direct advertising and reaching a wider audience.
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Below are cash transactions for Goldman incorporated, which provides consulting services related to mining of precious metals
Answers
The Cash flows from operating activities shall be net cash inflows received from the customers irrespective of actual amount of services provided.
The cash payment for supplies of material, payment of utilities expenses, payment of salaries and payment of rent are taken as outflows from operating activities.Calculate the cash flows generated from operating activities are as under:
Hence, the cash flows generated from operating activities is
$3,400
The least expensive type of marketing research method is a(n)
Answers
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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Propose your top three potential social causes for your organization and why your selected social cause or issue is a good match with your chosen corporation for creating a corporate social responsibility (CSR) campaign.
Answers
By selecting a social cause that aligns with their values and corporate goals, companies can create a CSR campaign that resonates with stakeholders and helps to build a positive reputation for their brand.
There are various social causes that companies may choose to support, depending on their corporate social responsibility goals. Here are the top three social causes that I would recommend for an organization, along with reasons why they are good matches for creating a CSR campaign:1. Environmental conservation: Protecting the environment and promoting sustainable practices is a social cause that has gained widespread attention in recent years.
As climate change continues to be a pressing issue, businesses that take a proactive approach to reducing their carbon footprint can establish themselves as responsible and sustainable entities. This is a good match for companies that have a large environmental impact, such as those in the manufacturing or transportation sectors. A CSR campaign focused on environmental conservation can include initiatives such as reducing waste, using renewable energy sources, and promoting eco-friendly practices among employees and customers.
2. Education: Investing in education is one of the most effective ways to support social development and empower individuals and communities. For companies that want to create a CSR campaign that has a tangible impact on people's lives, education is a great choice. This is especially relevant for companies that have a strong local presence and want to support the communities in which they operate. A CSR campaign focused on education can include initiatives such as donating educational resources to schools, providing scholarships to students, or organizing workshops and training programs for employees and community members.
3. Health and wellness: Promoting health and wellness is a social cause that has become increasingly relevant in light of the COVID-19 pandemic. Companies that prioritize the well-being of their employees and customers can create a positive image for themselves and build strong relationships with stakeholders. This is a good match for companies in the healthcare or hospitality sectors, as well as those that offer wellness-related products or services.
A CSR campaign focused on health and wellness can include initiatives such as promoting healthy lifestyles, providing access to healthcare services, or supporting mental health awareness and treatment programs.Overall, each of these social causes has the potential to create a meaningful and lasting impact, both for the company and the communities it serves.
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The process of allocating funds to projects and investments includes the following:
A. Analysis
B. Selection
C. Monitoring
D. Evaluating performance
Analyze or explain any three of the above.
Answers
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, and monitoring. By following these steps, organizations can make informed decisions about where to invest their resources and ensure that their investments are delivering the expected returns.
The process of allocating funds to projects and investments involves several important steps, including analysis, selection, monitoring, and evaluating performance. Here are explanations of three of these steps:
Analysis: This step involves gathering and analyzing information about potential projects and investments to determine whether they are financially viable and aligned with the organization's goals and objectives. This includes conducting market research, analyzing financial statements and projections, assessing risks, and identifying potential barriers to success. The analysis phase helps decision-makers to make informed choices about which projects and investments to pursue.
Selection: Once potential projects and investments have been analyzed, the next step is to select the most promising ones. This involves using the information gathered during the analysis phase to compare options and choose the projects and investments that are most likely to provide the greatest returns on investment. The selection process may involve developing criteria for evaluating potential options, ranking them based on their financial potential, and weighing the costs and benefits of each option.
Monitoring: Once projects and investments have been selected and funded, it is important to monitor their progress and performance over time. This involves regularly reviewing financial and operational data to identify any potential issues or risks, and taking action to address them. Monitoring can help decision-makers to stay informed about the status of their investments, identify opportunities for improvement, and make adjustments to their funding strategies as needed.
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Your restaurant plans to spend $1,000 on social media ads. Your average meal sells for $10 and food cost is 30%. How
many additional meals do you need to sell to breakeven on your advertising?
Ignore all
other restaurant costs except food cost
a) 100 meals
b) 132 meals
c) 143 meals
d) 1000 meals
Answers
Answer:
c) 143 meals
Explanation:
30% of 10 is 3
10-3=7
1000/7=142.857143
round up.
If the future value of an ordinary, 7-year annuity is $10.000 and interest rates are 4 percent, what is the future value of the same annuity due?
Answers
Answer:
The future value of the same annuity due is $10,400.
Explanation:
Step 1: Calculation of the annuity payment
This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:
FV = P * (((1 + r)^n - 1) / r) ................................. (1)
Where,
FV = Future value of the amount after 7 years = $10.000
P = Annuity payment = ?
r = interest rate = 4%, or 0.04
n = number of years = 7
Substituting the values into equation (1) and solve for P, we have:
10,000 = P * (((1 + 0.04)^7 - 1) / 0.04)
10,000 = P * 7.89829448089601
P = 10,000 / 7.89829448089601
P = $1,266.09612039504
Step 2: Calculation of the future value of the same annuity due
This can be calculated using the formula for calculating the Future Value (FV) of an Annuity Due as follows:
FV = P * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)
Where,
FV = Future value the same annuity due = ?
P = Annuity payment as obtained in Step 1 above = $1,266.09612039504
r = interest rate = 4%, or 0.04
n = number of years = 7
Substituting the values into equation (2), we have:
FV = $1,266.09612039504 * (((1 + 0.04)^7 - 1) / 0.04) * (1 + 0.04)
FV = $1,266.09612039504 * 7.89829448089601 * 1.04
FV = $10,400
Therefore, the future value of the same annuity due is $10,400.
Type the correct answer in the box. Spell all words correctly.
What is the repercussion of excessive tax withholding?
If you withhold excessive tax, you will receive a
when you file your taxes the following year.
Answers
The repercussion of excessive tax withholding is that the tax payable will remain unpaid.
What is excessive tax withholding?A tax withholding means the amount of income tax that employer withholds from its employee's income to the payment of tax in government coffers in the employee's name
In conclusion, the repercussion of excessive tax withholding is that the tax payable will remain unpaid.
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Answer:
Refund
Explanation:
The IRS states that a refund will happen if this is the case.
In addition to the general directions outlined in the syllabus, I would like for you to consider your ethical stance regarding the Ford Pinto case in terms of at least one of the ethical theories we have considered so far. Which one describes your stance as closely as possible? Why? Also, does this stance resonate with the readings on corporate and social responsibility? How? Again, the link to this is posted above. Remember to briefly explain how the theory you have chosen works. For example, if you choose Kant, explain the categorical imperative or if you choose utilitarianism, then explain the principle of utility.
Answers
Answer:
Explanation:
One ethical theory that can be applied to the Ford Pinto case is utilitarianism, which is the idea that an action is morally right if it maximizes overall happiness or pleasure and minimizes overall pain or suffering. In this case, the utilitarian approach would suggest that the decision to release the Pinto despite knowing its faulty gas tank design was unethical because it resulted in unnecessary harm and death to its consumers. The company put profits above the safety of its consumers, which ultimately did not maximize overall happiness or pleasure.
This stance on utilitarianism does resonate with readings on corporate and social responsibility. The company had a responsibility to prioritize the safety of its consumers over profits, which was a clear failure of corporate social responsibility. By applying utilitarianism, it becomes clear that the company did not act in a way that maximized overall happiness or minimized overall pain.
It is important to note that there are other ethical theories that can be applied to the Ford Pinto case, such as deontology (which focuses on duty and moral obligation) or virtue ethics (which focuses on character and moral virtues). Each theory provides a different perspective on the ethical issues presented in the case.
With all other economic forces held constant, an increase in labor productivity throughout the country implies
(1 point)
an increase in GDP due to an increase in labor hours
a decrease in GDP with labor hours held constant
an increase in GDP with labor hours held constant
a decrease in GDP due to an increase in labor hours
Answers
When there is an increase in labor productivity, we observe that there is an increase in GDP with labor hours held constant.
Labor productivity:
Is goods produced by labor within a certain period of time Increases when more goods are produced in that periodLabor productivity therefore relates to goods being produced when the labor hours are kept constant. An increase in labor productivity is good for GDP because it means that more goods are being produced.
In conclusion, increased labor productivity means increased GDP at constant labor hours.
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Here y'all!
1. an increase in GDP with labor hours held constant
2. A graphic designer attends a week-long seminar and learns advanced skills she can apply to her work.
3. the discovery of a way to improve software speed that increases employee productivity
4. discovering an inexpensive way to make steel
5. false since technological improvements can lead to certain jobs becoming obsolete
Your welcome ;)
1. Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
(a) None of the homes are owned by Agent Ryan
(b) Ryan discloses to Broker Bradley that he will show homes listed by XYZ Realty
(c) Delia gives verbal consent to see homes listed by XYZ Realty
(d) Delia has given written Intermediary consent
Answers
Ryan can show Delia homes listed with XYZ Realty and other brokers in the market if:
Delia has given written Intermediary consent Delia gives verbal consent to see homes listed by XYZ Realty None of the homes are owned by Agent RyanWhen can homes be shown in the marketDelia gives verbal consent to see homes listed by XYZ Realty: This condition highlights the significance of Delia's consent. If Delia explicitly gives verbal consent to Ryan, it signifies that she is comfortable with viewing homes listed by XYZ Realty. Delia's consent is crucial in allowing Ryan to proceed with showing homes from XYZ Realty.
(d) Delia has given written Intermediary consent: This condition specifically refers to written consent in the form of an intermediary agreement. In some cases, Delia may choose to engage Ryan as an intermediary, authorizing him to show homes listed by multiple brokers, including XYZ Realty.
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. Los Angeles Lumber Company is considering a project with a cost
of $1,000 initially, and inflows of $300 at the end of years 1-5. LALC's cost of capital is 12 percent. What is the project's IRR and NPV?
Answers
Based on the cost, the inflows, and the cost of capital, the project IRR is 15.24% and NPV is $81.44
The NPV is:
= Present value of inflows - initial cost
As the inflows are constant, we can find the present value as an annuity:
= (Inflow x Present value interest factor of annuity, 12%, 5 years) - 1,000
= (300 x 3.6048) - 1,000
= $81.44
The IRR can be calculated by Excel as shown in the attached file. List the cashflows and the years and then use the IRR function as shown:
= 15.24%
In conclusion, IRR is 15.24% and the NPV is $81.44
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Select the correct answer. How would you write 6 × 6 × 6 × 6 as an exponential expression? A. 6 × 4 B. 6 > 4 C. 6^4 Reset Next
Answers
Answer:6^4
Explanation:there are four of the same number
Harvey quit his job at State University, where he earned $62,000 a year. He figures his entrepreneurial talent or forgone entrepreneurial income to be $4,000 a year. To start the business, he cashed in $50,000 in bonds that earned 10 percent interest annually to buy a software company, Extreme Gaming. In the first year, the firm sold 10,000 units of software at $72 for each unit. Of the $72 per unit, $60 goes for the costs of production, packaging, marketing, employee wages and benefits, and rent on a building. The accounting profit of Harvey's firm in the first year was: _________
Answers
Answer:
Accounting profit = 120,000
Explanation:
Accounting profit = total revenue - explicit costs
Accounting profit = 72*10,000 - 60*10,000
= 720,000 - 600,000 = 120,000
Jessica weighs 125 lbs. She rode a bike at 17 mph for 25 minutes. What is the calorie cost of this activity?
Answers
Answer: 178 calories
Explanation:
From the question, we are informed that Jessica weighs 125 lbs and that she rode a bike at 17 mph for 25 minutes. It should be noted that 17 mph is thesame as 0.057 cal/lb/min.
Therefore, the calorie cost of this activity will be:
= 0.057 x 125 = 7.125
We then multiply 7.125 by the number of minutes used. This will be:
= 7.125 x 25
= 178 calories
SBA a business from any of the THREE sectors and conduct a research using newspaper clips, business articles, any business magazines, News 24 and a other business websites to answer the following Research (Part A) for your Select a business business questions. (Collect FIVE resources) must be NB After choosing the sector you able to motivate your answer then provide picture/ newspaper article of the business -You must identify challenges experienced by the business and classify those challenges according to the three Business Environments and state the extent of control.
Answers
Selecting a business from one of the three sectors, conducting research using newspaper clips, business articles, any business magazines, News 24, and other business websites to answer research (Part A) questions. This article will discuss the challenges faced by the business and classify them based on the three business environments. The business selected for this research is Sasol, which belongs to the primary sector. Sasol is an integrated energy and chemicals firm with operations in over 30 countries and more than 30,000 employees. It mines coal and convert it into synthetic fuels and chemical feedstock. Sasol operates in a challenging environment, and it faces many challenges. However, in this research, we will discuss the most important challenges faced by Sasol. The following are the difficulties Sasol faces: Environmental challenges: Sasol is a large company, and it emits greenhouse gases, which affect the environment. Furthermore, environmental regulations have become more stringent, which is a significant challenge for the company. Sasol must adhere to environmental regulations, which will impact its operations. Sasol must also protect its reputation, which is critical to its success. Sasol should be proactive in responding to environmental challenges by investing in renewable energy and ensuring that it adheres to environmental regulations. Economic challenges: Sasol faces economic challenges, including fluctuating oil prices, currency volatility, and rising operating costs. These issues are beyond the company's control, and they can have a significant impact on Sasol's financial performance. Sasol must adapt to economic changes by diversifying its revenue streams and improving its operational efficiency. Social challenges: Sasol faces social challenges such as workforce diversity, employee engagement, and community relations. Sasol must address these challenges by fostering a diverse and inclusive culture, promoting employee engagement, and engaging with the community. Sasol must also ensure that its business practices align with the expectations of its stakeholders, including customers, employees, and investors. In conclusion, Sasol faces many challenges, which can be classified into three categories: environmental, economic, and social. Sasol has limited control over some of these challenges, but it must be proactive in responding to them to ensure its long-term success.
A business that you can select for this analysis is the importation of cars into a country. Some challenges that may affect the importation of cars include import duties and trade agreements between nations.
What are business challenges?Business challenges refer to those problems that are encountered by entrepreneurs who want to go into any area of trade. For those into the importation of cars and other such items, excessive import duties might be limiting to them.
They may also experieice trade agreements sbetween nations and rising forex that amy not be favorable for trade.
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Which of the following is an example of investment? A. a person depositing $ 100 a week to her savings account B. a person's annual medical checkup C. the purchase of new buses by Greyhound D. a student increasing his human capital by attending college
Answers
Answer:
C. the purchase of new buses by Greyhound
Explanation:
The investment is the amount that should be invested in order to generate the income
So as per the given situation,the option C is correct as if we puchase the new buses so there is a big investment but after investing into it it generated the income on daily basis
So this should be the example of the investment
List three ways you can find jobs in the hidden job market.
Answers
Answer:
Student answers can include, but are not limited to: networking, direct contact, and research.
Explanation:
sample response; edge 2020
The three ways through which we can find jobs in the hidden job market are Word-of-mouth, networking, and research.
What do you mean by hidden job market?Employers who don't promote their openings but nonetheless need employees to fill them are said to operate in the "hidden" job market.
The term "hidden job market" describes positions not made publicly available by the company. The word "hidden" describes the practice of hiring people in a covert manner rather than the job's secrecy.
The opportunities not listed with recruiters or on job sites comprise the hidden job market. It can be expensive and time-consuming to post a position and receive a lot of applicants.
therefore, the three ways we can find jobs in the hidden job market are Word-of-mouth, networking, and research.
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Africanisation (how will you incorporate the learners culture or heritage into the contemporary socio-economic issues lesson
Answers
By incorporating culturally relevant examples, guest speakers, local data, cross-cultural comparisons, a multilingual approach, and artistic expressions, we can incorporate learners' culture or heritage into the contemporary socio-economic issues lesson.
To incorporate the learners' culture or heritage into a contemporary socio-economic issues lesson, it is important to create a culturally responsive and inclusive learning environment that recognizes and values the African context. Here are some strategies to achieve this:
Culturally Relevant Examples: Use examples and case studies from African countries or communities that relate to the socio-economic issues being discussed. This helps students connect with the content on a personal and cultural level, fostering engagement and understanding.
Guest Speakers and Community Involvement: Invite guest speakers from diverse African backgrounds who can share their experiences and perspectives on the socio-economic issues being studied. This provides authentic and firsthand insights into how these issues manifest in different African contexts.
Local Data and Research: Incorporate local data and research from African sources to illustrate the impact of socio-economic issues. This helps students see the relevance of these issues within their own communities and promotes a sense of ownership and empowerment.
Cross-Cultural Comparisons: Encourage students to explore and compare socio-economic issues between African countries, as well as with other regions of the world. This broadens their perspective, promotes critical thinking, and encourages understanding of global interconnections.
Multilingual Approach: Recognize and embrace the diversity of languages spoken by students. Incorporate key terms, discussions, and resources in various African languages, ensuring that students can engage with the content in their native languages and feel valued.
Art, Music, and Literature: Incorporate African art, music, and literature that address socio-economic issues. This helps students explore these topics through creative expressions that resonate with their cultural heritage.
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explain the governance of internet
Answers
Answer:
Internet governance is defined as 'the development and application by governments, the private sector, and civil society, in their respective roles, of shared principles, norms, rules, decision-making procedures, and programs that shape the evolution and use of the Internet'
Hope it helps! ^-^
Explanation:
The growth or development and programmes by government at a public sector and all the institutions in their respective roles of mutual guiding beliefs,norms,rules,desicision making operation and broadcast programming that forms the intection or evolutionary term and use the internet can be defined as governance of internet.
Last year the Chester company increased their equity. In 2020 their equity was $49,136. Last year (2021) it increased to $54,912. What are causes of change in equity? Check all that apply.
Answers
Answer:
solution- subtract
Explanation:
54,912 - 49,136
The correct option for What causes of change in equity is A. Profit of $ 13,051, C. Issue and retirement of stock, E. Dividend payment of $ 7057.
Ending Equity = Begining equity + New issue - Buy back of stock +Profits
Dividends.
The following are caused by changes in equity:
Profit of $13051Issue and retirement of stockDividend payment of $7057The remaining factors do not have any impact on equity.
What is Equity in simple terms?Equity is the amount of capital invested or owned by the owner of the company. The equity is evaluated by the difference between liabilities and assets recorded on the balance sheet of a company. The worthiness of equity is based on the share price or a value regulated by the valuation professionals or investors.
Your question is incomplete. Please read below for the missing content.
Last year the Chester company increased its equity. In 2020 their equity was $49,360. Last year (2021) it increased to $53,800. What are the causes of change in equity? Check all that apply.
Select : 3
A. Profits of $13,051
B. Depreciation of -$41,287
C. Issue and retirement of stock.
D. A bond issue of$1,279.
E. Dividend payment of$7,057.
F. Change in inventory of-$2,139.
G. An accounts payable change of$1,984.
H. A change in short-term debt of-$4,032.
I. A change of plant and equipment of$9,580.
J. A change in cash of -$494.
K. Plant Improvements of $9,580
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According to the video, what are some qualities Tellers need? Check all that apply.
a cheerful, outgoing personality
a dominant, confident presence independence
leadership skills
basic math skills
attention to detail
Answers
Answer:
a e f i did the assment
Explanation:
Answer:
the answer is:
a cheerful, outgoing personality
basic math skills
attention to detail
Explanation:
If you intend to purchase Tata Nano, describe the stages in the purchase decision process.
Answers
The basic five stages are problem recognition, information search, alternatives evaluation, purchase decision, and post-purchase evaluation.
What is a purchase?A purchase refers to the action of buying something. Purchasing is considered an important course of action.
There are five main stages that a customer needs to undergo before making any decision either to buy a product or not.
The five stages are
Problem recognition- It is the most basic step that ensures if there is a need for purchase.Information search- The next step is to search the information related to the Tata NanoAlternatives evaluation- It helps in evaluating the choices available for the product. Other options for cars are taken into consideration.Purchase decision- After evaluation, a consumer may decide between buying Tata Nano. This decision depends upon the feedback of other people. Post-purchase evaluation- After purchasing, it may lead to brand loyalty if the customer is satisfied with the purchase.Learn more about the Purchase decision process here
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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Answers
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
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5.9 Robert works for Southern Consulting as a sales executive. He is paid a monthly salary of R3,350 plus a straight commission of 4.3% on all sales over R10,100. If he sells R15,300, what is his total gross pay for the month? a. R3,573.60 b. R3,784.30 c. R4,007.90 d. R8,550.00
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Explanation: the 4.3% amount made from what he sold which was 15,300 is 657.9. Adding that to his monthly salary of 3,350 you get a total of 4,007.90. (What I had gotten from the information presented.)
The average lifespan of a new battery is 2234 hours before burning out. The standard deviation is 412 hours and the lifespans are normally distributed. What percentage of batteries last between 2100 and 3100 hours?
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Answer:
no clue I don't study battery's sorry