An increase in the face (par) value, F, will generally cause the price of a bond to increase, holding other factors fixed. Option C is correct.
The price of a bond is determined by the present value of its future cash flows, which include both coupon payments and the principal repayment at maturity.
An increase in the face value of the bond means that the principal repayment at maturity will be higher, which increases the total amount of cash flows that the bond will provide. This, in turn, increases the present value of the bond, leading to an increase in its price.
On the other hand, an increase in the yield-to-maturity, y, will generally cause the price of a bond to decrease, holding other factors fixed. This is because a higher yield-to-maturity means that the bond's future cash flows are discounted at a higher rate, resulting in a lower present value and lower bond price.
Hence, C. is the correct option.
To know more about face value here
https://brainly.com/question/30026710
#SPJ4
Animal and Plant Cells Review
Answer:
i got my answer
Explanation:
So now that i got explanation cell C and B wall menas cytoplasm also which which animal does. u hope this helpd.
"Monthly Sales Data. A simple random sample of 5 months of sales data provided the following information : Month: 1 2 3 4 5 Units Sold: 94 100 85 94 92 a. Develop a point estimate of the population mean number of units sold per month. b. Develop a point estimate of the population standard deviation"
The point estimate of the population mean number of units sold per month is 93.
To develop a point estimate of the population mean number of units sold per month (a), we can calculate the sample mean. The sample mean is obtained by summing up the individual values and dividing it by the sample size.
In this case, the sample mean is calculated as (94 + 100 + 85 + 94 + 92) / 5 = 465 / 5 = 93.
To develop a point estimate of the population standard deviation (b), we can calculate the sample standard deviation.
The sample standard deviation measures the spread of the data points around the sample mean.
It is calculated by finding the differences between each data point and the sample mean, squaring these differences, summing them up, dividing by the sample size minus one, and finally taking the square root of the result.
Using the given data, the calculations yield a sample standard deviation of approximately 5.92.
It is important to note that these point estimates are based on the assumption that the given sample is representative of the entire population.
For more such questions on units sold
https://brainly.com/question/19702777
#SPJ8
Financial aid letters show your aid and costs of attendance for _____.
Financial aid letters show your aid and costs of attendance for an academic year.
What is a financial aid letter?This is a letter that a tertiary institution gives to a student to show the cost of their attendance at the college they are currently enrolled in.
The period covered in the letter is the academic year which means that the costs associated with two semesters of attending the university will be shown to the student.
These costs will include things like tuition fees, room and board fees, transportation and other miscellaneous costs.
The letter will also include all the financial aids that the student may receive including federal grants, college grants, state grants, and federal loan options that a person may be eligible for.
In conclusion, financial aid letters show the costs of attendance in an academic year and the aid that comes with it.
Find out more on college financial aid at https://brainly.com/question/26499492
#SPJ1
Do the methods below use Cash Flows or Operating Income
a. Accounting Rate of Return
b. Net present Value
c. Payback Period
Answer: c
Explanation:
Argo, a firm organizing adventure travel, has returns that vary with the economy. Argo predicts that there is a 20% probability of a strong economy, a 50% probability of a normal economy, and a 30% probability of a weak economy. Given a strong economy, Argo expects a 35% return, given a normal economy, Argo expects a 14% return, and given a weak economy, Argo expects to lose 20%. What is the expected return for Argo
Answer: 8%
Explanation:
The expected return is a weighted average of the returns given the probability of certain states of the economy:
= (Prob. of boom * return if boom) + (Prob. of normal * return if normal) + (Prob. of weak * return if weak)
= (20% * 35%) + (50% * 14%) + (30% * -20%)
= 0.07 + 0.07 - 0.06
= 8%
Answer:
it is 8% my dear friend
Explanation:
3. Identify TWO possible suitable sources of external finance Chris could consider, if the local bank
manager refuses to give him a loan for purchasing a new van for his business. (10 marks)
Please help
Answer:
Hire Purchase
Loans from friends
Explanation:
Hire purchase
A hire purchase (HP) , is also called an installment plan, it is is an financing contract whereby a customer agrees to acquire an asset by paying an initial deposit and repays the balance of the price plus interest on installment bases over a period of time .
Loans from friends
These are loans received from friends which are mostly interest free
Fill The Blankresults.As part of kitchen remodeling, Christy and Rick have been evaluating new appliances. They have narrowed down their choice of refrigerators to three brands. These three brands represent their _______
As part of kitchen remodeling, Christy and Rick have been evaluating new appliances. They have narrowed down their choice of refrigerators to three brands. These three brands represent their top choices for a new refrigerator.
By narrowing down their options to these three brands, Christy and Rick can more easily compare the features and prices of each brand and make an informed decision about which refrigerator to purchase. Christy and Rick have narrowed down their choice of refrigerators to three brands and are now making their final decision.
Here you can learn more about final decision https://brainly.com/question/11164530
#SPJ11
Market research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
For more question on research visit:
https://brainly.com/question/20365163
#SPJ8
Suppose your company needs $24 million to build a new assembly line. Your target debt-equity ratio is .75. The flotation cost for new equity is 7 percent, but the flotation cost for debt is only 3 percent. Your boss has decided to fund the project by borrowing money because the flotation costs are lower and the needed funds are relatively small.
Required:
a. What is your company’s weighted average flotation cost, assuming all equity is raised externally?
b. What is the true cost of building the new assembly line after taking flotation costs into account?
Answer:
A. 5.29%
B. $25,340,513
Explanation:
a. Calculation to determine the company’s weighted average flotation cost
Average flotation cost = .03(.75/1.75) + .07(1/1.75)
Average flotation cost = .0529*100
Average flotation cost =5.29%
Therefore the company’s weighted average flotation cost will be 5.29%
b. Calculation to determine the true cost of building the new assembly line after taking flotation costs into account
Amount raised=(1 - .0529) = $24,000,000 Amount raised = $24,000,000/(1 - .0529)
Amount raised=$24,000,000/0.9471
Amount raised= $25,340,513
Therefore the true cost of building the new assembly line after taking flotation costs into account will be $25,340,513
11. Identify five products sold in shops around your home. (5mks) 12. Identify any five occupations found in your trading centre. (5mks) 13. Outline the role of division of labour and specialisation. (5mks)
Groceries, apparel, electronics, books, and home products are the five items that are sold in stores close to my house. Shop owners, salespeople, the cashiers, guards for safety, and dry cleaners are the five jobs present in my trading center.
The separation of tasks and functions inside a system to boost production and efficiency is referred to as the division of labour and specialization.
Specialization enables workers to concentrate on the stages of the production process where they have an advantage, increasing productivity and output. The separation of roles and duties within a system is made possible by the division of labour, which boosts production and efficiency.
As a result, the significance of the five products sold in shops around home are the aforementioned.
Learn more about on products, here:
https://brainly.com/question/31859289
#SPJ1
Complete the sentence about the most important parts of an email. Before sending an email, you must include the email addresses of one or more recipients in the address box and mention the topic of the mail in the box
Before sending an email, you must include the subject line of the email addresses of one or more recipients in the address box and mention the topic of the mail in the box.
Email, often known as electronic mail, is the process by which one user sends one or more recipients computer-stored communications through the internet. Emails are a convenient, quick, and affordable means of communication for both personal and professional purposes. If a user has an internet connection, which is normally provided by an internet service provider, they can send emails from any location.
Email can be sent and received between many computer networks, most notably the internet, but it can also be sent and received through both public and private networks, such as a local area network. Both lists of persons and single recipients can receive emails. Using an email reflector, one can control a common distribution list. In order to subscribe to some mailing lists, users must submit a request to the mailing list administrator.
Learn more about email here:
https://brainly.com/question/14666241
#SPJ1
Suppose the assets of the Silver Lode Bank are $100,000 higher than on the previous day and its net worth is up $40,000. By how much and in what direction must its liabilities have changed from the day before
The liabilities must have declined by $60,000.
The accounting equation states that the assets of a company is equal the sum of the company's liabilities and net worth.
Assets = liabilities + net worth
Assets increased by $100,000 and net worth increased by $40,000. This can be put into the above equation
$100,000 = $40,000 + liabilities
$100,000 - $40,000 = liabilities
Liabilities = $60,000
A similar question was answered here: https://brainly.com/question/13278724
Income Statement with Variances Alvarado Company produces a product that requires 3.0 standard pounds per unit at a standard price of $6.00 per pound. The company used 23,900 pounds to produce 8,000 units, which were purchased at $6.20 per pound. Each unit requires 7.5 standard direct labor hours per unit at a standard hourly rate of $22.50 per hour. For the 8,000 units produced, 60,200 hours were needed and employees were paid an hourly rate of $21.95 per hour. The company uses a standard variable overhead cost per unit of $1.45 per direct labor hour. Actual variable factory overhead was $85,900. The company uses a standard fixed overhead cost per unit of $2.00 per direct labor hour at 55,000 hours, which is 100% of normal capacity. Prepare an income statement through gross profit for Alvarado Company for the month ended March 31. Assume Alvarado sold 8,000 units at $250 per unit. For those boxes in which you must enter subtractive or negative numbers use a minus sign. If an amount box does not require an entry, leave it blank. Alvarado Company Income Statement Through Gross Profit For the Month Ended March 31 Line Item Description Amount Unfavorable Amount Favorable
The preparation of an income statement through gross profit for Alvarado Company for the month ended March 31 is as follows:
Alvarado Company
Income Statement Through Gross ProfitFor the Month Ended March 31
Sales $2,000,000
Cost of goods sold at standard 1,701,000
Gross profit-at standard $299,000
Variances from standard cost:
Direct materials price $4,780 Favorable
Direct materials quantity -600 Unfavorable
Direct labor rate 33,110 Favorable
Direct labor time -4,500 Unfavorable
Factory overhead controllable -1,100 Unfavorable
Factory overhead volume -10,000 Unfavorable
Net variances from standard costs = $21,690 Favorable
Actual gross profit = $320,690
What is cost variance?Cost variance refers to the computed difference between the standard cost and the actual cost.
The price variance and quantity variance make up the total cost variance.
Production costs consist of direct materials and labor, and variable and fixed costs.
Standard Actual
Pounds per unit 3.0 2.9875 (23,900/8,000)
Direct Materials 24,000 23,900 pounds
Material price per pound $6.00 $6.20
Direct materials cost $144,000 $148,180
Direct labor hours per unit 7.5 7.525 (60,200 ÷ 8,000)
Hourly rate $22.50 $21.95
Variable overhead cost $1.45 $1.4269 ($85,900 ÷ 60,200)
Total variable overhead $87,290 $85,900
Fixed overhead cost $2.00
Fixed overhead direct hours 55,000 60,200
Total fixed overhead costs $110,000 $
Sales revenue = $2,000,000 ($250 x 8,000)
Variances from standard cost:Direct materials price $4,780 ($6.00 - $6.20 x 23,900)
Direct materials quantity -600 (24,000 - 23,900 x $6)
Direct labor rate 33,110 ($22.50 - $21.95 x 60,200)
Direct labor time -4,500 [(60,000 - 60,200) x $22.50]
Factory overhead controllable -1,100 ($1.45 x 60,000 - $85,900)
Factory overhead volume -10,000 [(55,000 - 60,000) x $2]
Net variances from standard costs = $21,690
Gross profit = $320,690 ($299,000 + $21,690)
Cost of goods sold:Direct materials $144,000 ($6.00 x 24,000)
Direct labor 1,350,000 ($22.50 x 60,000)
Variable overhead 87,000 (60,000 x $1,45)
Fixed overhead 120,000 (60,000 x $2)
Cost of goods sold $1,701,000
Learn more about cost variances at https://brainly.com/question/24064163
#SPJ1
In the role, managers focus on relationships with subordinates, including motivation, communication, and influence.
O figurehead
O leader
O disseminator
O spokesperson
In the leader role, managers focus on relationships with subordinates, including motivation, communication, and influence.
What Is The Role Of Leader?
A leadership position requires you to successfully and ethically manage a situation, a team, or an entire organisation. Leaders are capable of influencing and directing their team towards a common goal. Additionally, they are in charge of fostering and preserving employee morale, assisting staff in realising their full potential, and encouraging loyalty. As a leader, it's critical that you have effective communication skills. You could need to communicate with a variety of people in your role as a leader, including your team members, subordinates, clients, and suppliers.
Know more about leader - brainly.com/question/27962292
#SPJ1
What is one advantage of a trade school education?
A. Statistically, your lifetime earnings will be higher than a college
graduate's.
B. You will have a greater selection of electives.
C. It is less costly than attending a four-year college.
D. You can postpone getting a job longer.
Answer:
c
Explanation:
it is making me type more
You are considering opening a new plant.
• The plant will cost $100 million upfront. After that, it is expected to
produce profits of $30 million at the end of every year. The cash
flows are expected to last forever.
1. Calculate the NPV of this investment opportunity if your cost of
capital is 8%. Should you make the investment?
2. Calculate the IRR and use it to determine the maximum deviation
allowable in the cost of capital estimate to leave the decision
unchanged.
Answer:
1. $275 million
Yes
2. 30%
Explanation:
Calculation for the NPV of the investment opportunity
NPV = –100 + 30/0.08
NPV= $275 million
Therefore the NPV will be $275 million
Yes, Based on the above Calculation they should make the investment
2. Calculation for IRR
IRR: 0 = –100 + 30/IRR
Hence,
IRR = 30/100
IRR = 30%
Therefore the IRR will be 30%
The IRR is great only in a situation where the cost of capital does not go beyond 30%.
The NPV of the investment is . The investment should be made because it is profitable.
The IRR is 30%. The maximum deviation allowable in the cost of capital estimate to leave the decision unchanged is 30%.
What is the NPV?Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV = -100 + $30 / 0.08 = $275 million.
The NPV is positive. This means the project is profitable.
What is the IRR?Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested.
IRR = -100 + 30 /1RR
100 = 30 / 1RR
IRR = 30 / 100 = 30%
To learn more about net present value, please check: https://brainly.com/question/25748668
What is a method that managers can use to motivate employees?
1.Encouraging employees to specialize
2.Investing in new technology
3.Offering performance-based financial rewards
4.Sharing customer information with employees
A method that managers can use to motivate employee is offering performance-based financial rewards.
What is motivation?Motivation is the process that guides and keeps people towards ensuring set goals are meet. It is what keeps one going, which act as encourage and spur one to do more.
Managers always want an improved performance from their employees. One of the method they use is to offer them performance-based financial rewards if they are able to meet and exceed certain targets.
Hence, a method that managers can use to motivate employee is offering performance-based financial rewards.
Learn more about motivation here : https://brainly.com/question/11871721
Assignment: Create a Marketing Plan
Your targeted marketing and advertising actions are outlined in a marketing plan for a set time period, often the following 12 months.
The purpose of a marketing planA marketing strategy can assist you in identifying your target market and the advantages your product or service can provide for it. determine how you might entice new clients. Encourage your current clients to keep using your product or service.
What are the five marketing strategies?The five marketing Ps—Product, Pricing, Promotion, Place, and People—serve as a framework for marketing initiatives and help keep marketers focused where they should be.
To know more about marketing plan visit :-
https://brainly.com/question/29775565
#SPJ1
A job application for McDonald's would not be the same as the application used at Wal-Mart.
True
False
True a job application for mc donald s would not be the same as the application used at wal mart.
The difference in the Job applicationalthough job applications may share certain similarities such as asking for personal information work experience and references they are typically tailored to the specific requirements of the job and the employer different companies have different hiring practices and may ask different questions on their job applications to assess the qualifications and suitability of the applicants
therefore it is important for job seekers to carefully read and follow the instructions on each job application to ensure they provide the relevant information that the employer is looking for
Read more on Job application here:https://brainly.com/question/3700565
#SPJ1
A corporation in 2017 expects a gross income of 500000, total operating expences of 400000, and teh capitol investments of 20000. in addition the corporation is able to declare 60000 of depreciation charges for the year. what is the expected taxable income and total federal income taxes owed for teh year 2017?
Answer:
Taxable income = Gross income - Total operating expenses - Depreciation
= 500,000 - 400,000 - 60,000
= $40,000
Federal corporate income tax rate in 2017 was 35% so income taxes are;
= 40,000 * 35%
= $14,000
Dmitri was complaining about his workload before the staff meeting began. Later, when the manager announced that 12 parking spaces would be lost due to construction across the street, he raised his hand and asked, "Then where exactly do you expect us to park?" The manager tried to provide some recommendations, but Dmitri continued to complain until the manager gave up and announced the meeting was over.
What could Caroline do to make the next meeting more effective and productive?
A. Bring a positive attitude
B. Dominate the conversation
C. Help summarize
Answer:
A
Explanation:
For each statement about Direct Competition and Indirect Competition,
choose True or False.
Indirect Competition is a
business whose services are
different from yours but
satisfy the same need.
All Companies that sell
goods and services are
Indirect Competitors.
When your target audience
buys products from a
competitor instead from
you, that is Indirect
Competition.
Direct Competition is a
company that offers
the same thing you
offer.
1. True
2. False
Answer:
Explanation:
1) Indirect Competition is a business whose services are different from yours but satisfy the same need.
True
2) All Companies that sell goods and services are Indirect Competitors.
False
3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.
False
4) Direct Competition is a company that offers the same thing you offer.
True
Terry Dactel is considering the purchase of an asset having the following cash flows (in 000's):CF Prob.5 20%12 30%18 30%20 20%What is the asset’s standard deviation (in 000's)?
Answer: b. $5.4
Explanation:
First calculate the Expected return;
Expected cashflow = ∑ (Probability of cashflow * cashflow)
Expected cashflow = (5 * 0.2) + (12*0.3) + (18*0.3) +(20*0.2)
=$14
Standard deviation = √∑ [Probability * (CF - Expected CF)^2]
Standard deviation= √[(0.2*(5 - 14)^2) + (0.3*(12-14)^2) + (0.3*(18-14)^2) + (0.2*(20-14)^2)
Standard deviation = $5.4
With rapid advancements of science and technology, the emergence of artificial intelligence is transforming traditional practices and systems. Its impact on recruitment and selection is evident that’s why it is predicted that the efficiency of artificial intelligence in screening resumes is exceeding 60,000 times as compare to doing it manually. However, the critics raise questions on its effectiveness. They are of the view that resumes solely cannot present the in-depth potentials of candidates therefore without having personalized interactions a perfect person-organization fit can’t be established.
Keeping in mind the pros and cons, how you foresee future of Artificial Intelligence in recruitment and selection process. Do you think it should eventually replace human recruiter or not? Discuss with logical arguments to prove your stance.
Explanation:
The globalized and competitive business environment requires companies to be in line with new trends and market changes that happen very quickly around the world. Organizational automation is already happening on a large scale in large companies and the tendency is for artificial intelligence to reach more and more organizations, regardless of the sector or the size of the company.
In the human resources department, the crossing of information from the company and candidates can assist in a more effective and standardized recruitment and selection process for the company, with the chances of aligning the company's values and skills with those of the professional sought. to complete the staff.
The main advantages of artificial intelligence in HR is the speed with which the process is carried out, the lowest cost and the highest standardization, but although it is advantageous, it is still not a sufficient process to replace the human recruiter in the decisive stages of the process, as artificial intelligence systems still need to achieve the subjectivity inherent to human beings, which is essential for the creation of the expected organizational climate.
the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
Read more about balance sheet here:
https://brainly.com/question/1113933
#SPJ1
Mcgahen Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,080 patient-visits and the actual level of activity was 990 patient-visits. The clinic's director budgets for variable overhead costs of $3.30 per patient-visit and fixed overhead costs of $10,600 per month. The actual variable overhead cost last month was $3,380 and the actual fixed overhead cost was $8,780. In the clinic's flexible budget performance report for last month, what would have been the variance for the total overhead cost?
Answer:
$1,707 Favorable
Explanation:
The variance will be the difference between the planned budget and the actual costs.
Variable costs are budgeted at $3.30 per customer visit, and fixed costs are $10,600 per month. There were 990 customer visits.
The variable cost budget will be
=$3.30 x 990
=$3,267
Fixed budget is $10,600
Total budget
= $10,600 + $3,267
=$13,867
the actual expenditure was
variable cost= $3,380
fixed costs=$8,780
total actual costs = $3,380 +$8,780
= $12,160
variance = $13,867 - $12,160
=$1,707
Based on the given information on Mcgahen medical clinic, the variance for the total overhead cost is -$1,707
How to calculate variance of the overhead costTo calculate the variance for the total overhead cost
First, get the flexible budget amount for variable overhead costs is:
Flexible budget amount for variable overhead costs = Budgeted variable overhead rate per patient-visit x Actual level of activity
= $3.30 x 990
= $3,267
The total flexible budget amount for overhead costs is:
Total flexible budget amount for overhead costs = Flexible budget amount for variable overhead costs + Fixed overhead costs
= $3,267 + $10,600
= $13,867
Now, calculate the variance for the total overhead cost:
Total overhead cost variance = Actual overhead costs - Total flexible budget amount for overhead costs
= ($3,380 + $8,780) - $13,867
= $12,160 - $13,867
= -$1,707
The negative value for the variance indicates that the actual overhead costs were lower than the expected flexible budget amount for overhead costs.
Specifically, the clinic spent $1,707 less on overhead costs than it had planned for based on its budgeted level of activity.
Learn more on variance on https://brainly.com/question/9304306
#SPJ6
The area that consumes the majority of a family’s income is
The area that consumes the majority of a family’s income is Housing.
This is according to the Bureau of Labor Statistics' info for 2017.
what factor influencing the choice of firm
Explanation:
There are many factors that can influence the choice of a firm, including:
Reputation: The reputation of the firm can be an important factor in influencing a person's decision. If a firm has a good reputation for quality and customer service, it may be more attractive to potential customers.
Price: The price of a firm's products or services can also be a factor. If the price is too high, customers may choose to go with a cheaper alternative.
Product quality: The quality of a firm's products or services can also influence the decision of potential customers. If the products or services are of high quality, customers may be more likely to choose the firm.
Location: The location of the firm can also be a factor. If the firm is located in a convenient location, it may be more attractive to potential customers.
Marketing: The marketing strategy of a firm can also be important in influencing the decision of potential customers. If the firm has a strong marketing campaign, it may be more attractive to potential customers.
Brand image: The brand image of a firm can also influence the decision of potential customers. If the brand is well-known and trusted, customers may be more likely to choose the firm.
Customer service: The level of customer service provided by the firm can also be a factor. If the firm provides good customer service, customers may be more likely to choose the firm
Several insureds have become liable because of a single loss. How will the policy's limit of liability be affected?
A homeowners policy can have no more than one insured.
The full limit applies to each insured individually.
No more than the per occurrence limit applies, no matter how many insureds are involved.
Pro rata liability applies.
According to standard practice, the policy's liability limit starts at 20% of the own damage maximum rate (and not the legal responsibility premium) and gradually rises to a maximum of 50%. However, if a claim is made, the No claim Bonus is forfeited for the next policy period. The insured receives the NCB rather than the insured car.
What is a single limit of insurance?
Auto insurance with a single flat sum for coverage limitations is referred to as single limit liability coverage. as an illustration, a policy owner may select $300,000 in total per event legal responsibility insurance. This sum would cover any and all personal injury and property damage claims resulting from a single accident.
What is aggregate liability limit?
Single limit liability coverage refers to auto insurance having a single fixed amount for coverage restrictions. As an example, a policy holder could decide to purchase $300,000 in complete legal responsibility insurance per incident. This amount would cover any and all claims for property damage and bodily harm arising from a single accident.
Learn more about policy https://brainly.com/question/17479291
#SPJ9
Which part of the result block should you evaluate to determine the Needs Met rating for that result?
True False
You always need to evaluate both the block and the landing page.
True
False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
O True
False
For a Web Search Result Block, in most cases you should evaluate just the content inside the block.
O True
False
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases.
You always need to evaluate both the block and the landing page. It is False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else. It is True
For a Web Search Result Block, in most cases you should evaluate just the content inside the block. It is True
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases. It is True
How to Know if the Needs met for the resultThe answer is False because while it is important to evaluate both the block and the landing page in some cases, it is not always necessary to do so, depending on the type of search result and the specific evaluation criteria being used.
For a Special Content Result Block, there is always need to evaluate both the content inside the block and the landing page to know the Needs Met rating for that result, depending on the specific evaluation criteria being used.
Learn more on Result block on https://brainly.com/question/33054343
#SPJ1