Sunland Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $18, direct labor $22, variable manufacturing overhead $13, fixed manufacturing overhead $27, variable selling and administrative expenses $7, and fixed selling and administrative expenses $17. The company's ROI per unit is $16. Compute Sunland Corporation’s markup percentage using absorption-cost pricing. Absorption-cost pricing markup percentage % Compute Sunland Corporation’s markup percentage using variable-cost pricing. (Round answer to 2 decimal places, e.g. 10.50%.) Variable-cost pricing markup percentage %
Answers
Answer:
Mark-up;
Absorption costing=20%
Variable costing pricing = 26.7%
Explanation:
Absorption costing values production units using full cost per unit.
Full cost per unit= Direct material cost + Direct Labour cost + Variable production overhead+ Fixed production overhead
Absorption costing =18 + 22+ 27+13= 80
Mark-up = ROi/cost per unit× 100
= 16/80 ×100= 20%
Variable costing pricing
Here products are valued using the variable cost of production.
18 + 22+ 13+ 7= 60
Mark-up = 16/60× 100= 27%
Mark-up;
Absorption costing= 20%
Variable costing pricing =26.7%
Related Questions
Use the data table to answer the question that follows.
An investor's primary concern with adding a new stock to their portfolio is reducing risk. Which stock should they choose and why?
(A) Stock A, because it has a div value of 0 and a relatively high P/E ratio
(B) Stock A, because its last price indicates slow but steady growth to come
(C) Stock C, because its lower P/E ratio means it is least likely to fail
(D) Stock C, because its price spread and div suggests stability of earnings
Answers
An investor's primary concern with adding a new stock to their portfolio is reducing risk. The stock they should choose is Stock C, because its price spread and div suggest stability of earnings. The correct option is d.
Portfolio diversification is the process of selecting a variety of investments within each asset class, which can help those looking for how to minimize their investment risk. Diversification across asset classes may also help lessen the impact of major market swings on your portfolio.
If we were to invest in the stock of just one company, we'd be taking on greater risk by relying solely on the performance of that company to grow your investment. This is known as "single-security risk" the risk that our investment will fluctuate widely in value with the price of one holding.
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Two parcels of land priced at $2,100 per acre were purchased. One parcel was 5 acres in size, and the other was 1 square mile in size. How much should these two parcels have cost together?
Answers
Answer:
Sold together, both parcels would have cost $ 1,354,500.
Explanation:
Given that two parcels of land priced at $ 2,100 per acre were purchased, one parcel was 5 acres in size, and the other was 1 square mile in size, to determine how much should these two parcels have cost together the following calculation must be performed:
1 square mile = 640 acres
2100 x 5 + 2100 x 640 = X
10,500 + 1,344,000 = X
1,354,500 = X
Therefore, sold together, both parcels would have cost $ 1,354,500.
How can a focus on ad copy affect paid search results and what are its implications related to the buyer journey
Answers
The way a focus on ad copy can affect paid search results and its implications related to the buyer journey is:
It can effectively persuade a target audience or customer to take action as quickly as possible.AdvertisementThis refers to the marketing of goods or services which is meant to persuade a person to make a purchase.
What is Ad Copy?This refers to the specific content which is targeted to the reader so that he can take action and make purchase and this is popularly called copywriting.
This helps the advertising company to make very targeted ads which are very persuasive to generate sales and these would make the customer to take action and make a purchase as quickly as possible.
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The marginal benefit and marginal private cost curves for aphrodisiacs are given as follows:
MB = 200 - Q MPC = Q
In addition to private costs, there is a marginal external cost of $10 per unit of output. What is the efficient level of output?
A) 0
B) 55
C) 95
D) 100
E) none of the above
Answers
The efficient level of output is 95. Hence option C is correct. Positive externalities indicate that marginal societal benefit exceeds marginal private benefit.
When taking the market for education as an example, free markets would provide quantity Q at a price P. The socially efficient output increases to quantity Q1 when the external benefit is taken into account.
The marginal advantage obtained by users of a commodity or service (marginal private benefit) and by everyone else who benefits from it is known as the marginal social benefit (MSB) (the marginal external benefit). MSB = MB + Marginal External Benefit, in other words.
They ought also be able to explain why, in a free market, profit-maximizing enterprises are more likely to create an output level where marginal private cost (MPC) equals marginal private benefit (MPB), as opposed to the socially ideal output level.
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When a partner invests noncash assets in a partnership, the assets are recorded at the partner’s book value
Answers
Answer:
False
Explanation:
When a partner invests noncash assets in a partnership, the assets are recorded at the partner’s book value is incorrect and false.
Assets are to be recorder at their fair value whenever a partner invests non cash assets in a partnership. The practice is assets brought by partners into firm are always recorded at fair value not book value.
Case Study Questions
In your opinion, what role did the Independence Day declaration have on the motivation of the people working at ISRO? Would the prior admission of the ISRO chairman in 2008 of a Mars mission have had any effect?
Evaluate the SMARTness of the objectives for the Mars Orbiter Mission. Analyse the decision taken by the chairman of ISRO to use the PSLV instead of the GSLV, in the context of being attainable vs. being challenging.
Discuss the role of the preparatory studies conducted for the Mars mission. What role did the success of the prior mission Chandrayaan-I have on the execution and planning for this mission?
What peripheral political advantage could India have envisaged for Mangalyaan? Would the mission have been conceived had the prior ISRO chairman been at the helm? Why or why not?
Answers
The Mangalyaan mission was subject to quite a bit of criticism, among them being the previous ISRO chairman, Dr Nair, who was of the opinion that ISRO should have focused on GSLV which would allow India to put up a stronger mission to Mars, due to the higher payload capacity of the GSLV.
Further, this could have augmented future space efforts by India. Near the culmination of the project however, all critics were full of praise for the scientific community of India. E.V. Chitnis, a scientist on the team that launched India's first rocket, asserted that critics had not accounted for the strides made by the country's space program and the ensuing economic benefits by demonstrating interplanetary capability.
ISRO's commercial arm, Antrix, has been putting satellites into orbit profitably, and a demonstration of the capability for interplanetary programs can only augment this.
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Epolito Corporation incurred $87,000 of actual Manufacturing Overhead costs during September. During the same period, the Manufacturing Overhead applied to Work in Process was $89,000. The journal entry to record the incurrence of the actual Manufacturing Overhead costs would include a:
a. debit to Work in Process of $89,000
b. credit to Manufacturing Overhead of $87,000
c. debit to Manufacturing Overhead of $87,000
d. credit to Work in Process of $89,000
Answers
Answer:
c. debit to Manufacturing Overhead of $87,000
Explanation:
Account Titles and Explanation Debit Credit
Manufacturing overhead $87,000
Accounts payable $87,000
(Being manufacturing overhead incurred)
Therefore, journal entry for actual manufacturing overhead costs would include a debit to manufacturing overhead of $87,000.
Manufacturing overhead is debited with $87,000 to record actual manufacturing overhead.
What financial report will you use to determine if a company has made a profit?
Answers
The "income statement" is read top to bottom, beginning with revenues, sometimes known as the "top line." Taxes are subtracted after expenses and charges. The company's net income or profit is the result before any returns are paid, and it is from this that the term "bottom line" is derived.
What is financial reporting?The practice of recording and conveying financial performance over certain time periods, often on a quarterly or annual basis, is known as financial reporting.
Financial reports are used by businesses to compile accounting data and present their current financial situation. Numerous financial data are available for public scrutiny and are crucial in the estimates of future profitability, industry position, and growth.
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What is one major disadvantage to organizing a business as a sole
proprietorship?
A. Stockholders may remove the owner from the business,
B. The business will be subject to many legal regulations.
C. Conflict between owners could disrupt the business.
D. The business could fall apart if the owner dies,
SUBMIT
Answers
Answer:
D. The business could fall apart if the owner dies
Explanation:
since sole proprietorship entails an organization owned by an individual, the end of the existence of the owner, results to the business falling apart since there is no one to take care of the firm.
The business could fall apart if the owner dies, is one major disadvantage to organizing a business as a sole proprietorship. In a sole proprietorship, the business is owned and operated by a single person, and the owner has complete control over the business. Thus, option D is correct.
What is sole proprietorship?A sole proprietorship is a type of business structure in which a single individual owns and operates a business. In this type of business, there is no legal distinction between the owner and the business, which means that the owner is personally responsible for all the debts and liabilities of the business.
This means that the owner is also entitled to all the profits of the business, and has complete control over its operations. Sole proprietorships are generally the simplest and least expensive type of business to set up, and they are often used by small businesses, freelancers, and independent contractors.
However, they also have some disadvantages, such as limited access to funding, lack of liability protection, and the potential for the business to end if the owner dies or becomes incapacitated.
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onsumer Economics: Tutorial
Part E
At what wage rate will there be excess labor supplied in the market?
Answers
Excess labor supply in the market occurs when the wage rate is above the equilibrium level.
Consumer economics refers to the study of how individuals and households make decisions about what they consume, how they save and invest, and how they allocate their resources.The wage rate at which there will be an excess supply of labor in the market is known as the equilibrium wage rate. This means that the quantity of labor demanded equals the quantity of labor supplied.
At a wage rate above the equilibrium level, there is a surplus of labor available as the quantity supplied of labor is greater than the quantity demanded for labor. On the other hand, at a wage rate below the equilibrium level, there is a shortage of labor as the quantity demanded of labor is greater than the quantity supplied for labor. Thus, the equilibrium wage rate is essential to maintain stability in the labor market.The equilibrium wage rate is determined by the forces of demand and supply.
The demand for labor arises from the demand for goods and services that labor produces. The supply of labor arises from the willingness of people to work at a particular wage rate. The equilibrium wage rate is the wage rate where the quantity of labor demanded is equal to the quantity of labor supplied in the market.Therefore, excess labor supply in the market occurs when the wage rate is above the equilibrium level.
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When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order
Answers
Explanation:
When the time comes for a group of people eating together at a restaurant to pay their bill, sometimes they might agree to split the costs equally and other times will pay individually. If this decision were made in advance, would it affect what they order
Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
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Researcher is comparing to multiple choice is tests with different conditions in the first test a typical multiple choice cescis administered in the second test alternative choices incorrect answers a randomly assigned to test takers the results from these two test are given below mean of regular test is 59.9 and randomise answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7
Answers
The regular test is 59.9 and randomize answers is 44.8 standard deviations of regular test is 10.2 and answers is 12.7 the scattered of the two distributions be compared Yes, as the S.D. is given. Thus, option (a) is correct.
What is standard deviation?A standard deviation is a measure and the calculate the dispersed of the data is the relation to the mean. The standard deviation was to indicate the slope was the upper and the lower.
Regular test Randomized
Mean 59.9 44.8
SD 10.2 12.7
CV = (SD/Mean) * 100
CV = Coefficient of Variation
CV is Measures of Relative Dispersion or relative scattered of Data
SD = Standard Deviation
As a result, the S.D. is given are the two distributions be compared.
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Your question is incomplete, but most probably the full question was.
Question 1 : Can the scattered of the two distributions be compared, just by looking at the given figures? Select one: a. Yes, as the S.D. is given b. No, as the mean is not same c. May be d. Can't sayLast year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 17.5%. The firm finances using only debt and common equity, and its total assets equal total invested capital. Based on the DuPont equation, what was the ROE? Do not round your intermediate calculations.
Answers
Answer:
9.21%
Explanation:
Given: total assets = $250,000
Total capital = total assets = $250,000
Total debt to total capital ratio = 17.5%
Which means:
Total debt / Total capital = 17.5%
Find total debt:
Total debt = Total capital * 17.5%
= $250,000 * 0.175
= $43,750
Total debt = $43,750
Find total equity:
Total equity = Total capital - Total debt = $250,000 - $43,750 = $206,250
To find the Return on Equity (ROE), use the formula based on Du point:
ROE = Profit margin * Asset turnover * Equity multiplier
= (Net income / Sales ) * ( Sales / Total assets ) * ( Total assets / Total equity)
\( = \frac{19000}{325000} * \frac{325000}{250000} * \frac{250000}{206250} \)
\( = 0.0584615 * 1.3 * 1.21212121 \)
\( = 0.0921 \)
= 9.21%
ROE = 9.21%
When an accountant records_ on hand, they are noting a company's ____
A. human resources; total liquid assets
B. cash; total of amount dollars, money orders, checks, and other forms of
money
C. supplies; materials that need to be purchased soon
D. inventory; number of employees on payroll
Answers
When an accountant records "cash on hand", they are noting a company's B. cash; total of amount dollars, money orders, checks, and other forms of money.
What is accountant records?Generally, Cash on hand refers to the amount of physical currency, checks, money orders, and other forms of money that a company has available in its possession at a given time.
This information is important for financial reporting and cash management purposes, as it allows the company to monitor its liquidity and make informed decisions about its cash inflows and outflows.
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The December 31, 2015, balance sheet of Schism, Inc., showed long-term debt of $1,405,000, and the December 31, 2016, balance sheet showed long-term debt of $1,590,000. The 2016 income statement showed an interest expense of $94,500. What was the firm's cash flow to creditors during 2016?
Answers
Answer: ($90,500)
Explanation:
The Cashflow to Creditors helps a company identify just how much cash was paid to creditors in a period.
The formula is,
Cash flow to creditors = Interest paid – (long term debt at the end – long term date at the beginning)
The ending balance in 2015 which will be the opening balance in 2016 is $1,405,000.
The Ending balance in 2016 is $1,590,000.
The Cash Flow to Creditors is therefore,
Cash flow to creditors during 2016 = 94,500 - ( 1,590,000 - 1,405,000)
= - $90,500
How does Spotify implement Salesforce?
Any answer is very appreciated^^!!
Answers
Explanation:
With Salesforce, Spotify has continued to offer amazing customer service since its days as a small startup. The company started by using Desk.com for fast customer support and later migrated to an integrated Sales Cloud and Service Cloud system for a customised solution with 360-degree customer views and collaboration.
1
In addition to their criminal activities, what is another way in which street gangs MOST often pose a threat to society?
OA. making crime look glamorous on television shows
OB.
hurting bystanders during conflicts with rival gangs
O c.
causing accidents on the road with other bikers
OD. committing drug-related crimes around the world
Answers
Answer:
In addition to their criminal activities, the way in which street gangs MOST often pose a threat to society is by hurting bystanders during conflicts with rival gangs. Gang violence can result in innocent bystanders being injured or killed, causing fear and instability in affected communities. While gang-related media can glorify and romanticize gang culture, it is not the most common way in which street gangs pose a threat to society. Street gangs may also be involved in drug-related crimes and other illicit activities that can have harmful effects on individuals and communities, both locally and globally. However, direct violence towards innocent bystanders is the most pressing concern.
what are the important seo features ?
Answers
The important seo features are Keyword Research, On-Page Optimization, High-Quality and Engaging Content, Link Building, Mobile-Friendly Design, Site Speed and Performance and User Experience (UX).
While SEO is a complex and multifaceted field, there are several important features that contribute to an effective SEO strategy. Let's explore some of these features:
Keyword Research: Keyword research involves identifying the specific search terms and phrases that users are likely to use when searching for information related to your website's content. On-Page Optimization: On-page optimization refers to optimizing individual web pages to make them more search engine-friendly. This includes optimizing title tags, meta descriptions, headers, URLs, and incorporating relevant keywords naturally within the content. High-Quality and Engaging Content: Creating high-quality, informative, and engaging content is crucial for SEO. Search engines prioritize content that provides value to users.Link Building: Link building involves acquiring high-quality backlinks from other reputable websites. Backlinks act as "votes of confidence" for your website, indicating to search engines that your content is trustworthy and authoritative. Mobile-Friendly Design: With the increasing use of mobile devices for internet browsing, having a mobile-friendly website is essential. Site Speed and Performance: Website speed and performance play a vital role in SEO. Search engines prioritize delivering fast and efficient user experiences.User Experience (UX): Providing a positive user experience is critical for SEO success. Factors such as easy navigation, clear site structure, intuitive design, readable fonts, and engaging multimedia elements contribute to a better user experience.For such more question on Research:
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2. Explain the following corporate/partnership documents and procedures for healthcare
organizations
Sole Proprietorship
Partnership
Corporation
Limited Liability Entities
Answers
When a company cannot fully satisfy demand because of a constraint, which of the following describes an action that should NOT be taken?
A. Relaxing the constraint
B. Tightening the constraint
C. Investing to improve the capacity of the bottleneck
D. Reducing the number of defective units produced through the bottleneck
Answers
When a company cannot fully satisfy demand because of a constraint, the action that should not be taken is tightening the constraint. That is option B.
How does companies satisfy demands?A successful company is always capable of satisfying their customers demands through the following ways:
By keeping in touch with their customers,Listen to the complaints of their employees,Address the feedback issues from their customers, Evaluation of the identified issues and generation of a possible solution.in order to successfully satisfy the demands the f their customers, they are not to tighten the constraint which would otherwise worsen the situation for them.
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In which TWO ways can a wiki benefit the employees of a business?
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
C. It helps them evaluate each other’s performance.
D. It provides them with a space to store process and project information.
C. It provides a platform where they can upload entertaining videos.
Answers
The ways can a wiki benefit the employees of a business are:
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
What does wiki means?The term wiki is one that is often spelled as "Wiki". This is known to be a server program that is said to often give room for a lot of users to work together in creating the content of a Web site.
Note that the term is one that is known to have originated from the word "wikiwiki," that connote or means "fast" when called in the Hawaiian language.
Therefore, The ways can a wiki benefit the employees of a business are:
A. It allows them to have live interactions with each other.
B. It helps them solve internal problems collectively.
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Think of as many problems, challenges or issues that affect you, your school, or your community. Create a list of as many of these issues that come to mind. At this phase, aim for quantity over quality and let your imagination run wild! List at least 5.
Answers
Eating healthy
Need for working out
Getting more sleep
Wanting to go different places and not stay in one place for ever.
Learning new stuff
1. Which statement about leaders and managers is most likely false?
a)
Managers are concerned with the efficiency of results, whereas leaders are
primarily concern with results.
b)
Leaders focus on risk taking whereas managers focus on planning
c)
Leaders accept the status quo, managers challenge it.
d)
Leaders develop but managers maintain.
Answers
Answer:
I'd say A!
Explanation:
hope this helps! sorry if it's wrong
4. Business owes a duty to society to conduct itself in which of the following ways?
Answers
Business owes a duty to society to conduct itself in the ways following the accepted rules of the "game" of business
What are the most important rules in business?Choosing the right person to associate with is the most important rule in business and life in general. This rule can be difficult to adhere to consistently, and ignoring it is a lesson to be learned over and over again.
Why do we need business rules?The rules of the game in business are laws that regulates the formation and operation of a company. Improve business processes by providing guidance on when to start, stop, or change these processes to apply policies consistently across your organization. Business rules are used for a variety of use cases based on internal or external constraints.
What are the five rules of business?Five golden rules for small business success: Create a realistic business plan. Monitor conflicts. Don't try to do everything yourself. Get professional advice. Address marketing not just accountants.
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SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
Answers
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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When a route in a transportation problem is unacceptable, the corresponding variable can be removed from the LP formulation. True False
Answers
Answer:
True
Explanation:
The accompanying graphs illustrate an initial equilibrium for the economy. Suppose that oil prices increase temporarily.
Use the graphs to show the new positions of aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) in both the short-run and the long-run, as well as the short-run (ESR) and long-run (ELR) equilibria resulting from this change. Then answer what happens to the price level and GDP.
Answers
In response to the temporary increase in oil prices, the short-run equilibrium experiences a higher price level and lower GDP, while the long-run equilibrium sees a higher price level and unchanged GDP.
In the short-run, the AD curve shifts leftward due to the increase in oil prices. This is because higher oil prices increase production costs for firms, leading to reduced consumption and investment spending by households and businesses.
As AD shifts leftward, it intersects with the SRAS curve at a new short-run equilibrium (ESR). At this new equilibrium, the price level increases while GDP decreases compared to the initial equilibrium.
In the long-run, the SRAS curve adjusts to the higher oil prices as firms gradually reduce production and adjust their input costs. This adjustment reflects the fact that higher oil prices affect the overall cost structure of the economy.
As the SRAS curve shifts leftward, it eventually intersects with the LRAS curve at a new long-run equilibrium (ELR). At this equilibrium, the price level is higher than the initial equilibrium due to the higher oil prices. However, GDP returns to its potential level determined by the LRAS curve.
Therefore, in response to the temporary increase in oil prices, both the price level and GDP initially decrease in the short-run but eventually stabilize in the long-run, with a higher price level and unchanged GDP compared to the initial equilibrium.
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What is the executive branch mainly responsible for?
Answers
To executive and uphold the laws passed by Congress, the President appoints the heads of all executive branches of government, including the Cabinet. In an emergency, the vice president is capable of acting as president.
The President, his or her advisors, and other departments and organisations make up the executive branch. The duty of this branch includes upholding the law. The executive branch is made up of the organisations and agencies listed below: Bills are approved or rejected by the President's Executive Office (White House). represent our country when interacting with other nations. enforce the legislation passed by the Congress.
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Which of the following states the
economic reasoning behind the
crowding out effect?
A. Government spending is a waste of public resources.
B. Governments are too wasteful to make good
economic choices.
C. An increase in government spending directs
resources away from their most valued economic end.
Answers
Answer:
Explanation:
C. An increase in government spending directs resources away from their most valued economic end. This refers to the economic concept of crowding out, which occurs when an increase in government spending leads to higher interest rates and a decrease in private investment, ultimately reducing economic output. This happens because the government is directing resources towards certain projects, which may compete with private investment opportunities and drive up interest rates. Hence, the crowding out effect suggests that increased government spending may have negative consequences on the overall economy.