If the SP Corporation makes 43,000 motors to be used in the production of its sewing machines. The annual financial advantage (disadvantage) for the company as a result of making the motors rather than buying them the from the outside supplier would be :($81,700).
How to find the annual financial advantage (disadvantage)?First step is to find the variable cost per unit
Variable cost per unit = Direct materials +Direct labor +Variable manufacturing overhead
Variable cost per unit= $ 10.20 + $ 9.20 + $ 3.80
Variable cost per unit= $23.20
Second step is to find the total cost per unit
Total cost per unit = $23.20 + $4.75
Total cost per unit = $27.95
Now let find the total loss on purchase from outsider
Total loss on purchase from outsider = 43,000 × ($27.95 - $26.05)
Total loss on purchase from outsider = 43,000 × ($1.9)
Total loss on purchase from outsider = $81,700
Therefore the total loss on purchase from outsider is $81,700.
Learn more about annual financial advantage (disadvantage) here:https://brainly.com/question/24320672
#SPJ1
What does it mean when earned value is above planned value?
Answer:
If the Earned Value is less than the Planned Value, you are behind schedule, and if the Earned Value is greater than the Planned Value, you are ahead of schedule. The Earned Value can be compared to the Actual Cost (AC) to determine whether you are above or below budget. An Example from Capital Project Management
Explanation:
Answer: more work has been completed than planed, and the task or project is ahead of schedule.
Explanation:
For the lower costs than planed you are ahead of schedule
Assume you are 25 and earn 29,000 $ per year, never expect to receive a raise, and plan to retire at age 55. If you invest 5 percent of your salary in a 401(k) plan returning 8 percent annually, and the company provides a $0.50 per $1.00 match on your contributions up to 3 percent of salary, what is the estimated future value of your 401(k) account? Once you retire, how much can you withdraw monthly if you want to deplete your account over 30 years?
Once you retire, the amount that you can withdraw monthly if you want to deplete your account over 30 years equals to $17,963.1013.
What is a Retirement Account?Basically, a retirement account is considered a savings plan for future income after retirement. People makes deposits to an interest-earning investment on a fixed interval to grow the value of the account.
Annual contribution from employee = $29,000 * 5% = $1,450
Annual contribution from employer = $1,450 * 50% = $725
Number of years in the accumulation phase (N1) = 55 - 25 = 30
Annual interest rate (I) = 8 %
Number of monthly payments in the distribution phase (N2) = 30 x 12 = 360
Annual contribution = $1,450 + $725 = $2,175
The future value of retirement account after 30 years:
= $2,175 * (((1 + 8%)^30 - 1) / 8%)
= $2,175 * 113.283211113
= $246,390.984
The monthly withdrawal after retirement:
= $246,390.984 / (((1 + 8%/12)^-360) / 8%/12)
= $246,390.984 / (0.09144337233/0.00666666666)
= $246,390.984 / 13.7165058632
= $17,963.1013
Read more about Retirement Account
brainly.com/question/20475582
#SPJ1
April's credit card has a balance of $483.42, but the amount that she needs to pay to bring the
card to a $0 balance is $726.18 because she missed a payment. What is April's interest rate?
The interest rate for April is 50.29%.
What is Interest ?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.
It is not the same as a fee that the borrower might pay to the lender or another entity.
Given that April's credit card debt is $483.42 but that he needs to make a payment of $726.18, the interest rate for non-payment that he is subject to is as follows:
483.42 = 100
726.18 = X
((726.18 x 100) / 483.42) = X
= X
Consequently,
since 150.29 = 150.29 - 100 = 50.29 %
Learn more about Interest here
https://brainly.com/question/19260630
#SPJ1
Your firm currently has net working capital of $ that it expects to grow at a rate of % per year forever. You are considering some suggestions that could slow that growth to % per year. If your discount rate is %, how would these changes impact the value of your firm?
Complete Question:
Your firm currently has net working capital of $132,000 that it expects to grow at a rate of 4% per year forever. You are considering some suggestions that could slow that growth to 2% per year. If your discount rate is 10%, how would these changes impact the value of your firm? The value of the firm would $ (Round to the nearest dollar.)
Answer:
The Firm
a. The changes will reduce the value of the firm from $2,200,000 to $1,650,000, a difference of $550,000.
b. The value of the firm would be $1,650,000 if the changes are retained.
Explanation:
a) Data and Calculations:
Current net working capital = $132,000
Expected growth rate = 4%
Desired growth rate = 2%
Firm's discount rate = 10%
Value of firm with expected growth rate of 4% = NWC/(k - g)
where NWC = Net Working Capital
k = discount rate
g = growth rate
Therefore value of the firm = $132,000/(0.1 - 0.04)
= $132,000/0.06
= $2,200,000
Value of the firm with reduced growth rate of 2%:
= $132,000/(0.1 - 0.02)
= $132,000/0.08
= $1,650,000
What is your diagnosis of the situation at FAVI?
Answer:
Explanation:
FAvI is a small automotive parts manufacturer in Hallencourt, France. In addition to other products, it is the European leader in the production of key components for gearboxes (manual transmissions) in such cars as Renault, Peugeot, Citroen, Fiat, Opel, Audi, volvo, and volkswagen. Employing about 400 people, this société anonyme
Principles of Investment
Which characteristic is most imortant in determining an investment's level of risk
Answer:
demand for investments
Explanation:
Given the following information for Atlas Travel, prepare a bank reconciliation statement for December 31. Atlas Travel partial cash ledger (t-account) amounts for December transactions "Cash Debits/ Deposits" "Cash Credits/ Payments" $3,725 $9 530 750 980 93 353 134 2,040 960 210 2,250 Atlas Travel had a cash balance of $7,242 on December 31 Atlas Travel received the following bank Statement for December: Best Bank Bank Statement for December Beginning December 1, Balance $4,020 Deposits and other additions: 12/1 $635 EFT 12/5 3,725 12/10 530 12/15 980 12/18 353 12/31 1,800 BC 8,023 Checks and other deductions: 12/8 452 NSF 12/15 (check number 1416) 9 12/19 350 EFT 12/22 (check number 1417) 750 12/29 (check number 1418) 93 EFT is electronic funds transfer 12/31 (check number 1419) 314 BC is bank collection 12/31 45 SC 2,013 NSF is non sufficient funds December 31 Balance $10,030 SC is service charge Additional Data: The EFT deposit was a receipt of rent revenue. The EFT deduction was payment of insurance expense. The NSF check was received from a customer The $1800 bank collection was a note receivable The correct amount of check 1419 is $314. Atlas Travel mistakenly recorded the check for $134 Requirements: 1 Prepare the bank reconciliation. Atlas Travel Bank Reconciliation December 31, 20## Best Bank Balance, Dec. 31 Atlas Travel Balance Dec 31
Atlas Travel Bank Reconciliation
December 31, 20##
Best Bank Balance, Dec. 31 $10,030
Atlas Travel Balance, Dec. 31 $7,242
Outstanding Checks:
Check Number 1416 $9
Check Number 1417 $750
Check Number 1418 $93
Check Number 1419 $314 (Corrected amount)
Add:
EFT Deposit $635
Bank Collection $1,800
Subtract:
NSF Check $452
EFT Deduction $210
Service Charge $45
Adjusted Atlas Travel Balance, Dec. 31 $8,281
Start with the Best Bank Balance from the bank statement: $10,030.
Compare it with the Atlas Travel Balance from the cash ledger: $7,242.
Identify any outstanding checks (checks issued but not yet cleared by the bank):
Check Number 1416: $9
Check Number 1417: $750
Check Number 1418: $93
Check Number 1419: $314 (Corrected amount)
Add any deposits or credits that have not yet been recorded in the cash ledger:
EFT Deposit: $635
Bank Collection: $1,800
Subtract any deductions or payments that have not yet been recorded in the cash ledger:
NSF Check: $452
EFT Deduction: $210
Service Charge: $45
Calculate the adjusted Atlas Travel Balance by adding the outstanding checks, subtracting the deductions, and adding the deposits: $8,281.
Therefore, after reconciling the bank statement with the cash ledger, the adjusted Atlas Travel Balance on December 31 is $8,281.
For more questions on: reconciliation
https://brainly.com/question/30187013
#SPJ8
A successful data-driven market segmentation program depends on each of the following except:
a.
the rejection of tradiitional marketing research techniques
b.
the use of transactional and event data
c.
a common definition of market segments across all areas of the business
d.
developing a centralized and accessible CRM (Customer Relationship Management) database
A successful data-driven market segmentation program depends on the "use of transactional and event data", "a common definition of market segments", "and the development of a centralized CRM database" but it does not depend on "the rejection of tradiitional marketing research techniques".
The correct option to the given question is option a.
Traditional marketing research techniques, such as surveys, focus groups, and interviews, have long been used to gather insights about consumer behavior and preferences. While these techniques may have limitations, they still play a valuable role in understanding customer motivations and attitudes. Data-driven market segmentation programs can benefit from a combination of both traditional and data-driven research approaches. The use of transactional and event data is crucial for a data-driven market segmentation program. This type of data provides valuable information about customer behaviors, purchase patterns, and interactions with the business.
Having a common definition of market segments across all areas of the business ensures consistency and alignment in marketing efforts. This allows for targeted and personalized messaging that resonates with each segment. It also facilitates coordination between different departments, such as marketing, sales, and customer service, leading to a more cohesive and effective customer experience.
Finally, developing a centralized and accessible CRM database is essential for managing and analyzing customer data. It enables the integration of data from various sources, such as transactions, interactions, and demographic information, into a single platform. This centralized database provides a comprehensive view of customers, enabling more accurate segmentation and personalized marketing initiatives.
For more such questions on market segmentation , visit:
https://brainly.com/question/15357678
#SPJ8
explain the accrual basis of accounting and reasons for adusting entries
janakpur brick company (pvt.) Ltd. whose accounting year is calendar year purchased machinery on 1st April 2018 costing rs 90, 000.it further purchased a machine costing rd 60,000 on 1st October 2018 and another machine costing rs. 100,000 on 1st July 2019.on 1st October 2019,a part of the machine which was purchased on 1st april 2018 costing rs 18,000 became obsolete and was sojd for rs 5,600. required: machinery account for three years charging depreciation at 10% p. a on written down value method
Depreciation can be computed in a number of ways, including straight-line, accelerated, and units of output.
What is Depreciation ?Depreciation can be computed in a number of ways, including straight-line, accelerated, and units of output. The asset's cost is uniformly spread out over the course of its useful life by straight-line depreciation.
The depreciation expense is front-loaded higher in the early years of an asset's life with accelerated depreciation methods. The amount of output or usage of the asset determines the units of production depreciation.
Date Particulars Debit (Rs.) Credit (Rs.)
01/04/2018 Machinery A/c 90,000 -
31/03/2019 Depreciation A/c 9,000 -
01/10/2018 Machinery A/c 60,000 -
31/03/2019 Depreciation A/c 3,000 -
01/07/2019 Machinery A/c 100,000 -
30/09/2019 Depreciation A/c 6,000 -
01/10/2019 Machinery A/c - 18,000
01/10/2019 Depreciation A/c 1,800 -
01/10/2019 Cash A/c - 5,600
31/03/2020 Depreciation A/c 11,940 -
31/03/2021 Depreciation A/c 11,110 -
_________ ___________
Total 280,640 23,600
Learn more about Depreciation here
https://brainly.com/question/30670713
#SPJ9
Exercise 1-15 (Static) Traditional and Contribution Format Income Statements [LO1-6] The Alpine House, Incorporated, is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31: Amount Sales $ 150,000 Selling price per pair of skis $ 750 Variable selling expense per pair of skis $ 50 Variable administrative expense per pair of skis $ 10 Total fixed selling expense $ 20,000 Total fixed administrative expense $ 20,000 Beginning merchandise inventory $ 30,000 Ending merchandise inventory $ 40,000 Merchandise purchases $ 100,000 Required: 1. Prepare a traditional income statement for the quarter ended March 31. 2. Prepare a contribution format income statement for the quarter ended March 31. 3. What was the contribution margin per unit
1. The Alpine House, Incorporated
Traditional-format Income Statement for the quarter ended March 31:
Sales Revenue $150,000
Cost of goods sold 90,000
Gross profit $60,000
Expenses:
Variable selling expense $10,000
Variable admin. expense 2,000
Fixed selling expenses 20,000
Fixed admin. expenses 20,000 $52,000
Net income $8,000
2. The Alpine House, Incorporated
Contribution-format Income Statement for the quarter ended March 31:
Sales Revenue $150,000
Cost of goods sold 90,000
Variable selling expense 10,000
Variable administrative exp. 2,000 $102,000
Contribution $48,000
Fixed expenses:
Selling expenses $20,000
Administrative expense 20,000 $40,000
Net income $8,000
Data Analysis:
Sales Revenue $150,000
Selling price per per pair = $750
Sales units = 200 ($150,000/$750) pairs of skis
Variable selling expense per pair = $50
Total variable selling expense = $10,000 ($50 x 200)
Variable administrative expense per pair = $10
Total variable administrative expense = $2,000 ($10 x 200)
Total fixed selling expense $ 20,000
Total fixed administrative expense $ 20,000
Cost of goods sold
Beginning merchandise inventory $ 30,000
Merchandise purchases $ 100,000
Ending merchandise inventory ($40,000)
Cost of goods sold = $90,000
The traditional format emphasizes the gross profit while the contribution-format emphasizes the contribution before arriving at the net income.Thus, the difference between the traditional and contribution-format income statements is the emphasis on the profit margins.
Learn more about the traditional and contribution-format income statements at https://brainly.com/question/15062858
New Venture Management (1)
1. Explain the below the process of financial management.
*. Importance of Financial Statements - Preparation of historic Financial statements
*. Forecasts - Preparation of Forecasts
*. Budgets - Preparation of pro forma financial statement
*. Financial Ratios - Ongoing analysis of financial results
The process of financial management involves the preparation and analysis of historic financial statements, forecasts, budgets, and ongoing monitoring of financial ratios.
The process of financial management involves several key components that contribute to effective financial decision-making and the overall financial health of a business. Here is an explanation of each component:
Importance of Financial Statements - Preparation of Historic Financial Statements:
Financial statements, such as the income statement, balance sheet, and cash flow statement, provide a historical snapshot of a company's financial performance, position, and cash flows. These statements are crucial for assessing profitability, liquidity, solvency, and overall financial stability. By analyzing past financial statements, management can identify trends, evaluate the impact of previous decisions, and make informed decisions for the future.
Forecasts - Preparation of Forecasts:
Forecasts involve projecting future financial performance based on historical data, market trends, and other relevant factors. This process helps businesses anticipate potential opportunities, challenges, and financial needs. Forecasts typically include projected income statements, balance sheets, and cash flow statements, providing insights into expected revenue, expenses, assets, liabilities, and cash flows. It enables management to plan and allocate resources effectively, set financial goals, and make strategic decisions.
Budgets - Preparation of Pro Forma Financial Statements:
Budgets are financial plans that outline anticipated income, expenses, and cash flows for a specific period, typically on a monthly, quarterly, or annual basis. Pro forma financial statements, including pro forma income statements, balance sheets, and cash flow statements, are created as part of the budgeting process. Budgets help in setting targets, allocating resources, and monitoring performance against the planned financial objectives. They serve as a roadmap for financial management and aid in identifying areas that require adjustment or improvement.
Financial Ratios - Ongoing Analysis of Financial Results:
Financial ratios are quantitative indicators that provide insights into a company's financial performance, efficiency, and profitability. Ratios compare different financial figures from the financial statements to assess liquidity, profitability, solvency, efficiency, and other key aspects. By monitoring and analyzing financial ratios on an ongoing basis, management can identify trends, compare performance against industry benchmarks, and make informed decisions to optimize financial performance. These components contribute to understanding a company's financial position, making informed decisions, and driving sustainable growth and profitability.
for more such questions on budgets
https://brainly.com/question/1619150
#SPJ8
Which statement is true regarding monopolistic competition?
Answer:
AR>MR
--------------------------------------
WHERE ARE THE OPTIONS.
When an accounting change is reported under the retrospective approach, prior years' financial statements are:
The negative impact of HIV/AIDS in the workplace
HIV/AIDS has a significant negative impact on the workplace in several ways. Firstly, the illness can lead to absenteeism and decreased productivity as employees take time off work to receive treatment and care for their condition.
This can be particularly damaging in industries where staffing levels are critical, such as healthcare or emergency services. Additionally, the stigma associated with HIV/AIDS can result in discrimination against affected employees, which can lead to further absenteeism and decreased productivity. This discrimination can also result in the loss of skilled employees who are forced to leave their jobs due to discrimination.
Furthermore, the cost of providing medical and disability benefits to affected employees can be high, leading to financial strain on companies. This can also lead to increased healthcare costs and insurance premiums for other employees. Finally, the negative impact of HIV/AIDS on workplace morale and relationships cannot be overlooked.
Fear, misunderstanding, and discrimination can lead to a toxic workplace environment, which can impact the mental health and well-being of all employees. It is important for employers to prioritize education, prevention, and support for affected employees in order to mitigate the negative impact of HIV/AIDS in the workplace.
For more such questions on workplace
https://brainly.com/question/29618609
#SPJ11
2. You now have Birr 2,000,000 in the bank earning interest of .5 percent per month. You need Birr 3,000,000 to make a down payment on a house. You can save an additional Birr 10,000 per month. How long will it take me to accumulate the Birr 3,000,000?
The number of months that it would take me to accumulate the Birr 3,000,000 is 50 months.
How many months would it take to accumulate 3,000,000?The equation that represents the total amount saved :
Total amount =amount invested + total interest earned + total amount earned
Total interest earned = amount invested x time x interest rate
2,000,000 x 0.005 x m = 10,000m
Total amount earned = savings per month x total number of months
10,000m
3,000,000 = 2,000,000 + 10,000m + 10,000m
3,000,000 - 2,000,000 = 20,000m
1,000,000 = 20,000m
m = 50 months
To learn more about interest, please check: https://brainly.com/question/26164549
#SPJ1
2. A marketing manager wants to assign four regions to four different salesmen. The salesmen differ in their efficiency and territories also differ in potentiality. An estimated sale (in Ks, 000s) by different sales men in the four territories are given below.
Territory
Salesman
X Y Z W
A 16 13 17 23
B 7 12 37 18
C 10 25 14 9
D 25 27 18 25
Determine an optimal assignment schedule for maximum sales.
The determination of the optimal assignment schedule for maximum sales is as follows:
Optimal Assignment ScheduleTerritory Salesman Maximum
X Y Z W Sales
A 23 23
B 37 37
C 27 27
D 25 25
Max Sales Achieved 25 27 37 23 112
What is an optimal assignment schedule?An optimal assignment schedule is the assignment schedule that achieves the objective function, which is the maximization of sales revenue according to the efficiency of salesmen and the market potentiality of the territories.
The maximum achievable sales is Ks 112,000, which is also equal to the maximum sales achieved through the optimal assignment schedule determined above.
Data and Calculations:Sales per Territory and Salesman
Territory Salesman Maximum
X Y Z W Sales
A 16 13 17 23 23
B 7 12 37 18 37
C 10 25 14 9 25
D 25 27 18 25 27
Max Sales Achievable 112
Thus, to achieve the maximum sales revenue, the marketing manger should assign Salesman X to Territory D, Salesman Y to Territory C, Salesman Z to Territory B, and Salesman W to Territory A.
Learn more about the optimal assignment schedule technique at https://brainly.com/question/26165810
#SPJ1
Is there anything in your personal, professional, or financial history that requires explanation?
Unclear question. Answered from a general perspective.
Explanation:
Yes. There are certain aspects of one's financial history for example that may require further explanation.
For example, in the case of someone who took a loan in the past that is yet to be fully paid may need to provide a further explanation as to why there was a default in the loan repayment.
1. A Company manufactures and sells one product. The product has the following cost and revenue data:
Selling price Per Unit (AED) 70
Variable cost Per Unit (AED) 30
Total fixed expenses per month are as follows:
Expenses types AED
Advertising 327287
Rent 100,000
Heating 100,000
The company produced and sold 10,000 units during the month and had no beginning or ending inventories.
a. What is the break-even value in Dirhams?
QUESTION 2
1. A Company manufactures and sells one product. The product has the following cost and revenue data
Selling price Per Unit (AED) 88
Variable cost Per Unit (AED) 30
Total fixed expenses per month are as follows:
Expenses types AED
Advertising 372923
Rent 100,000
Heating 100,000
The company produced and sold 10,000 units during the month and had no beginning or ending inventories.
a. How many units would the company have to sell to have a profit of AED 120,000?
QUESTION 3
1. A Company manufactures and sells one product. The product has the following cost and revenue data:
Selling price Per Unit (AED) 116
Variable cost Per Unit (AED) 39
Total fixed expenses per month are as follows:
Expenses types AED
Advertising 200,000
Rent 100,000
Heating 100,000
The company produced and sold 10,000 units during the month and had no beginning or ending inventories.
a. If the sales increase by 200 units, by how much well the net operating income (profit) increase?
1. In dirhams, the break-even point is roughly 13,182.18.
2. To make a profit of AED 120,000, the company would need to sell about 11,954.93 units.
3. When sales grow by 200 units, the net operating income rises by 8,000 dirhams.
1. a. We must establish the contribution margin per unit in order to calculate the break-even amount in dirhams. The selling price per unit less the variable cost per unit is the contribution margin.
Selling price per unit minus variable cost per unit equals contribution margin per unit.
Unit contribution margin = 70 - 30
Margin of contribution per unit = 40
When the overall contribution margin meets the total fixed expenses, a break-even point is reached. Let's figure out the break-even point:
Total fixed costs divided by contribution margin per unit yields the break-even amount.
Break-even value is equal to (327287 plus 100,000 plus 100,000) / 40.
Break-even value is equal to 527,287/40.
13,182.18 dirhams are needed to break even.s
2. b. Taking into account the contribution margin per unit and fixed expenses, we can determine how many units the company would need to sell to make AED 120,000 in profit.
Profit is equal to (Contribution margin per unit * Units Sold) - Total annual fixed costs
We may find the number of units by rearranging the formula:
(Number of units) = (Profit + Total fixed expenses) / Contribution margin per unit
(Number of units) = (120,000 + 372,923 + 100,000 + 100,000) / (88 - 30)
(Number of units) = 692,923 / 58
(Number of units) = 11,954.93 units
3. c. We must take into account the contribution margin per unit to determine the increase in net operating income (profit) when sales increase by 200 units.
Net operating income growth equals contribution margin per unit * growth in units
Net operating income growth equals 40 times 200.
8,000 dirhams more in net operating income
For more such question on income. visit :
https://brainly.com/question/28390284
#SPJ8
Entrepreneurs generally think differently about resources than do employee-managers in which of the following ways?
Managers want larger budgets; entrepreneurs work to do more with less.
How do entrepreneurs approach resources differently from employee-managers?Entrepreneurs have a distinct mindset when it comes to resources compared to employee-managers. While managers often seek larger budgets to accomplish their goals, entrepreneurs tend to focus on doing more with less.
This difference in perspective stems from the inherent nature of entrepreneurship which involves taking calculated risks and maximizing efficiency in resource allocation.
Entrepreneurs understand that resources, such as capital, time, and manpower, are limited and valuable. They recognize that acquiring substantial budgets may not always be feasible, especially in the early stages of a venture.
Read more about Entrepreneurs
brainly.com/question/29733441
#SPJ1
Suppose that a per unit tax of $10.25 were imposed on buyers in this market. This tax would result in
A tax paid by sellers shifts the supply curve, whereas a tax paid by buyers shifts the demand curve. The outcome is the same no matter who pays the tax.
Consumers pay more when a good is taxed, sellers get paid less, and there are fewer transactions overall. Sales tax is levied and collected by state governments on consumer purchases of products.
Tax incidence is the division of the tax liability between buyers and sellers. The tax incidence is determined by the relative price elasticity of supply and demand. The consumer bears the brunt of the tax burden when supply is more elastic than demand.
The demand curve shifts to the right if there is an increase in the quantity that consumers want to buy at a particular price. The demand curve will shift to the left whenever there is a change that reduces the amount that consumers want to buy at a particular price.
To learn more about tax
https://brainly.com/question/16423331
#SPJ1
Consider a consumer who is contemplating a new automobile purchase. She has narrowed her decision down to two brands, Brand X and Brand Y. She has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision. Her evaluative ratings (e) for each attribute and her beliefs of how each brand performs on a given attribute (b) are given below: Brand X Brand Y Attribute e b b Mileage 2 6 4 Low Price 3 2 2 Warranty -1 1 3 Design 1 10 5 Refer to the Automobile Scenario. The consumer comes across an advertisement that shows Brand X stating that its automobile is being offered as an environment-friendly hybrid model. According to the elaboration likelihood model (ELM), this consumer is most likely to be influenced by the _____. a. unit route to persuasion b. central route to persuasion c. sentiment route to persuasion d. secondary route to persuasion e. peripheral route to persuasion
Answer:
e. peripheral route to persuasion
Explanation:
In order to determine which route to persuasion the car company is using, we must first analyze the customer:
Is the customer motivated to purchase a new car, is he/she thinking and analyzing about buying a new car? ⇒ in this case the answer is yes, so this implies that a central route should be more persuasive. The peripheral route is more effective when convincing passive audiences or consumers.
Is the customer really evaluating the message, or is she just contemplating the ad? ⇒ again in this case, the customer is paying attention to the core message, but will it be able to persuade her?
Is this ad able to persuade the customer and his/her attitude towards the car, is this attribute really important to the customer? ⇒ this is the most important aspect of the message, and to be honest, the customer didn't pay much attention to environmental issues, so she is probably not going to be persuaded by it. She might say yes, brand X is offering a green car, but she will not value that fact. For this particular customer, this ad represents a peripheral route to persuasion. For this particular customer, a central route would imply a message about the car's design, warranty, price, or mileage.
The same ad can work differently for other consumers. E.g. a person that is seeking to buy a new car and really values the fact that the car pollutes less, will pay a lot of attention to this ad and will be probably persuaded by it. For this consumer, this ad would follow a central route, not a peripheral route.
The customer after seeing this advertisement will be influenced by the peripheral route to persuasion according to the elaboration likelihood model(ELM).
What is elaboration likelihood model?The elaboration likelihood model of persuasion is a two-pronged approach that describes change in attitude. ELM was founded by Richard E. Petty and John Cacioppo in 1980.
The model aims to describe different approaches to processing motives, why they are used, and their effects on change in attitude.
This ad represents a peripheral route to persuasion. A central route would imply a message about the car's design, warranty, price, or mileage for this particular customer.
The same ad can work differently for other consumers. For example, a person that is seeking to buy a new car and really values the fact that the car pollutes less will pay a lot of attention to this ad and will be probably persuaded by it.
For this customer, this ad represents a peripheral route to persuasion.
Hence, Option e. will be the correct statement.
To learn more about elaboration likelihood model, refer to the link:
https://brainly.com/question/25799066
NEED HELP ASAP!! 30 points AND I WILL MARK YOU BRAINLIEST!!
1. How does the business cycle directly impact the level of employment within an economy? Please discuss how each part of the business cycle would directly impact the need to employ workers.
2. How does GDP represent the health of an economy? Please list two ways that a GDP is representative of the overall strength or weaknesses of an economy.
Answer:
1. How does the business cycle directly impact the level of employment within an economy? Please discuss how each part of the business cycle would directly impact the need to employ workers.
Business cycles are the "ups and downs" in economic activity, defined in terms of periods of expansion or recession. During expansions, the economy, measured by indicators like jobs, production, and sales, is growing--in real terms, after excluding the effects of inflation.
2. How does GDP represent the health of an economy? Please list two ways that a GDP is representative of the overall strength or weaknesses of an economy.
Gross domestic product (the GDP) tracks the health of a country's economy. It represents the value of all goods and services produced over a specific time period within a country's borders. Economists can use GDP to determine whether an economy is growing or experiencing a recession. Investors can use GDP to make investments decisions a bad economy means lower earnings and lower stock prices.
Explanation:
It's just like what lahh56camm said.
Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answer:
Explanation:
B - It helps to create good study habits.
"Group decision making is better". Do you agree or disagree with the statement? Give 3 reasons why do you say so?
Answer:
I agree because it make the group bring out more ideals
sometimes group decision make some people to voice out their problems
group decision help organization and firms to operate in good aims
What 4ps known as ?
Answer:
4 P's are place, price, product, and promotion
Explanation:
The four P's of marketing are the key factors that are involved in the marketing of a good or service. They are the product, price, place, and promotion of a good or service.
Explain the meaning of environmental scanning. Illustrate with examples the
relevance of technological, political, economic, social, and regulatory environments
in the context of marketing strategy. How managers are involved in environmental
scanning?
Environmental scanning refers to the process of gathering and analyzing information about the external factors that can impact an organization's business environment.
Technological factors include advancements in technology, such as the rise of e-commerce, mobile applications, or automation, which can create new marketing channels or change consumer behaviors.
Political factors encompass government policies, regulations, and political stability that can impact marketing strategies. For example, changes in trade policies or regulations related to data privacy can influence international marketing activities.
Economic factors include economic conditions, such as inflation rates, exchange rates, or consumer purchasing power, which can affect consumer behavior and demand for products or services.
Social factors refer to societal trends, cultural norms, and consumer preferences that can influence marketing strategies. For instance, shifts in consumer values towards sustainability or increased focus on health and wellness can shape product development and advertising campaigns.
Regulatory factors involve laws and regulations that organizations must comply with, such as consumer protection laws or industry-specific regulations. These can impact marketing activities, advertising content, or product labeling.
Managers play a crucial role in environmental scanning. They are responsible for monitoring and analyzing the external environment, identifying relevant trends and potential opportunities, and making informed decisions based on the insights gained.
For more such question on gathering visit:
https://brainly.com/question/30615397
#SPJ8
Given the information below, calculate the net cash provided from operating activities for Baskin Peter Pty. Ltd.
Receipts from customers $279,247
Payments for property, plant & equipment $42,310
Interest paid $4,231
Proceeds from issue shares $25,836
Payments to supplier and employees $220,013
Repayment of borrowings $53,331
GST paid $16,924
Payments for motor vehicle $37,985
Interest received $6,770
Select one:
$61,773
$44,849
$55,345
$49,080
On January 20 of the current year, Zealand and Menandez form ZM LLC. Their contributions to the LLC are as follows: Adjusted Basis Fair Market Value From Zealand: Cash $82,000 $82,000 Accounts receivable $0 $214,000 Inventory $19,000 $26,000 From Menandez: Cash $201,000 $201,000 Temporary Investments $121,000 $121,000 Within 30 days of formation, ZM collects the receivables and sells the inventory for $26,000 cash. ZM realized the following income in the current year from these transactions: a. Ordinary income of $fill in the blank 2 from collecting cash basis accounts receivable. b. Ordinary income of $fill in the blank 4 from sale of inventory.
Answer:
Ordinary Income of $214,000 from collecting cash basis accounts receivable
Ordinary Income of $7,000 from sale of Inventory.
Explanation:
a. Adjusted basis of Accounts receivable = $0
Fair Market Value of Accounts Receivable = $214,000
Cash realized from Accounts Receivable = $214,000
Ordinary Income from collecting cash basis accounts receivable = $214,000
It is ordinary income since the Accounts receivable are taxed only after they are collected.
b. Adjusted basis of Inventory = $19,000
Fair Market Value of Inventory = $26,000
Cash realized from sale of Inventory = $26,000
Ordinary Income from sale of Inventory = Cash received from sale - Adjusted basis = $26,000 - $19,000 = $7,000
It is ordinary income since the Inventory only recognizes the adjusted basis i.e. the amount paid for inventory and any income recognized on sale of inventory is taxed accordingly.
For this question, refer to the Bank of Ghana’s Monetary Policy Committee Press
Release of November 2015.
a) Explain the difference between monetary loosening and monetary tightening.
According to the statement, the MPC increased the monetary policy rate by 100 basis
points. Does this constitute a monetary loosening or monetary tightening? Explain.
b) When deciding whether to tighten or loosen monetary policy, central banks weigh
the relative risks to price stability and growth. Mention two indicators that the MPC use
to gauge the risk to inflation and two indicators the MPC use to gauge the risk to
growth.
c) Based on the information in the Press Release, in the thinking of the MPC did the
risk to growth outweighed the risk to inflation or vice versa? Refer to specific points
from the press release to back up your argument.
d) Using the money market diagram studied in class, explain the effect of this policy
measure on the real interest rate.
e) In ordinary language, explain how the increase in the Monetary Policy Rate will help
the relative risk identified in part (c) above.
f) In April 2018, the Bank of Ghana introduced a new formula for calculating
benchmark lending rates by commercial banks, the Ghana Reference Rate (GRR). How
will the use of the GRR affect the transmission mechanism between the MPR and
lending rates of commercial banks? Explain with reference to the 100 basis points
increase in the attached press release.
= 0.4 ∗ + 0.2 ∗ +
1 − −
∗ 0.4
Where MPR is the monetary policy rate, IBR is the Interbank interest rate, T’bill rate
on the 91-day treasury bill, CRR is the cash reserve ratio and CIV is the cash in vault
ratio.
Fiscal policies operate by using levels of taxation and government expenditure to affect aggregate demand in the economy, as opposed to monetary policies, which utilize the money supply and interest rate to do so.
What do you mean by monetary policy?The term "monetary policy" refers to the measures taken by a nation's monetary authority, such as the US Central Bank, to manage the amount of money in the economy and further specific economic objectives.
Here, the given conditions are:
(a) Fiscal policies operate by using levels of taxation and government expenditure to affect aggregate demand in the economy, as opposed to monetary policies, which utilize the money supply and interest rate to do so.
(b) On the other side, a loose monetary policy boosts the economy's overall demand, which in turn raises inflation, real output, and employment. Tight policy "cools" down the economy while loose policy "heats" it up.
(c) These decreased finance costs make borrowing and investing easier when the Fed lowers interest rates. By reducing interest rates and so raising their purchasing power, this aids consumers in saving money. As a result, the economy's total demand rises, which helps to lower unemployment.
To know more about the monetary policy, visit:
https://brainly.com/question/28199887
#SPJ1