Yams Company
Alternative 1: Increasing the selling price by 10% with no change in total variable costs or units sold will produce the higher net income.
a) Data and Calculations:
Total Unit Quantity
Sales for the month of August = $400,000 $80 5,000
Variable costs = $240,000 48 5,000
Fixed costs = $90,000
Alternatives to increase net income:
Alternative 1 Alternative 2
Sales revenue $440,000 $400,000
Variable costs 240,000 220,000
Contribution margin $200,000 $180,000
Fixed Costs 90,000 90,000
Net income $110,000 $90,000
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Why might working on a commission basis make dealing with finances more difficult?
(need a few sentences)
A company which produces a single product has definite orders for this product over the next four quarters as follows:
Quarter 1 2 3 4
Demand 460 600 340 500
The company ended the previous year with an inventory of 300 units, and the final quarter production level was 420 units. The company wishes to end this year with an inventory of at least 280 units.
It costs $30 per unit to increase the production level from one quarter to the next, and $56 per unit to decrease it. The cost of holding inventory from one quarter to the next is $40 per unit per quarter. No shortages are permitted. The company wishes to minimize the sum of production level change costs and inventory costs over the four quarter planning horizon.
Formulate (but do not solve) a model for this situation.
The model should include constraints that ensure that the production level meets the demand in each quarter and that the inventory level at the end of the fourth quarter is at least 280 units. Additionally, the model should include non-negativity constraints on the decision variables.
The objective function can be formulated as:
minimize 30(C1(P2-P1) + C1(P3-P2) + C1(P4-P3) + C2(P1-P2) + C2(P2-P3) + C2(P3-P4) + H(I0+I1+I2+I3-280))
Subject to the following constraints:
P1 + I0 = D1 + I1
P2 + I1 = D2 + I2
P3 + I2 = D3 + I3
P4 + I3 >= D4 + 280
P1, P2, P3, P4, I0, I1, I2, I3 >= 0
These constraints ensure that the production level meets the demand in each quarter, the inventory level at the end of the fourth quarter is at least 280 units, and the decision variables are non-negative.
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Check My Wor
Compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.) Indicate whether the variance is
favorable (F) or unfavorable (U).
Budgeted Income Amount $150.00
Actual Amount $120.00
Answer: The Answer Is
Dollar Variance $ 30
Percent varience 20%
F Or U which its U
Explanation: Hoped This Helped Thx For The Points!!
one problem that the web presents for clothing retailers of all types is that _____.
One problem that the web presents for clothing retailers of all types is increased competition and the challenge of standing out in a crowded online marketplace.
The web has significantly expanded the reach and accessibility of clothing retailers, allowing customers to easily compare prices, styles, and options from various online stores. This has led to increased competition among clothing retailers, as customers now have a wider range of options to choose from.
With countless online retailers available, it can be challenging for clothing retailers to differentiate themselves and attract customers. They must find unique selling points, such as offering exceptional customer service, providing high-quality products, or showcasing distinctive styles, to stand out from the competition.
The web also enables smaller, niche clothing retailers to reach a global audience, further intensifying the competition.
Furthermore, online shopping removes the physical experience of trying on clothes and feeling the fabric before making a purchase. This can create challenges for clothing retailers as they must find ways to provide accurate product descriptions, detailed sizing information, and reliable customer reviews to help customers make informed decisions.
Overall, the web has increased competition among clothing retailers and presented challenges in terms of differentiating their offerings and providing a satisfying online shopping experience to customers.
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When a calendar is made public, then anybody with the calendar's URL can: A. Modify the calendar. B. Delete the calendar. C. Change the calendar. D.View the calendar. E. Edit the calendar.
Answer:
edit
Explanation:
The development of a national market for goods and services within the united states was largely a result of ________.
Answer:
Improvements in transportation
Explanation:
:)
Ben Thomas is earning an annual salary of $15,090 at Custom Stereos. He has been offered a job at the local Ford dealer for $16,660 annually. How much more would Ben earn per week if he accepts the position at the Ford dealer?
Answer:
$30.2
Explanation:
The current annual salary for Ben Thomas is $15,090. the weekly salary will be $15,090 divide by 52
=$15,090 / 52
=$290. 2
The new annual salary at the Ford dealer is $16,660
Weekly salary is the annual salary divided by 52
= $16,660 / 52
=$320.4
Ben Thomas will earn much more by:
=$320.4 - $290. 2
=$30.2
What strategy do companies use for their financial benefit
Answer:
Companies utilize outsourcing as a business strategy to minimize their manufacturing costs.
It is a business approach in which businesses recruit someone from outside the firm to undertake work or produce an item that would otherwise be more expensive if done within the organization.
Both commodities and services can be purchased from outside the organization through outsourcing.
Explanation:
Brainliest pls
Question 4 of 10
Both retail and business banks are important to the U.S. economy because
they:
A. prevent payday lenders from taking advantage of borrowers.
B. focus on community service rather than making profits.
C. keep the total money supply as low as possible.
D. use deposits to provide loans and financing.
Answer: (D) Use deposits to provide loans and financing
Because they use deposits to provide loans and provide finance, retail and business banks are crucial to the American economy. As a result, choice (D) is acceptable.
What is retail banking?Retail banking, usually referred to as consumer banking or personal banking, is a type of banking that caters to private customers rather than enterprises. Individual customers can manage their finances through retail banking, get credit, and make secure deposits. Checking and savings accounts, mortgage, consumer lending, credit cards, and certificates of deposit are among the services provided by retail banks (CDs).
Individual people, not big organizations, are served by retail banking's financial services. Local community banks or divisions of big commercial banks can be retail banks. Many fintech businesses can offer the exact same services as retail banks in the digital age via online platforms and mobile apps.
Hence, option (D) is accurate.
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12. As the second trial began, what happened to Ruby Bates?
She was missing and they could not find her.
what is dismissal in business?
Answer:
A dismissal is when you end an employer's contract, with or without notice. Dismissal from work also occurs when an employee's fixed-term contract expires and you choose not to renew it. When should I dismiss someone?
Which of the following best explains what happens when a company or government issues bonds? A. The company or government pays bondholders to provide a specific good or service. B. The company or government goes into debt to those who purchase the bonds. C. The company or government sells a partial interest in its enterprise to bondholders. D. The company or government can spend money that doesn't yet exist.
The correct answer is B. When a company or government issues bonds, they go into debt to those who purchase the bonds.
When a company or government issues bonds, it means they are borrowing money from investors or bondholders. By issuing bonds, the company or government is essentially entering into a contractual agreement to repay the borrowed amount, along with interest, over a specified period of time. Bonds are a form of debt securities that allow companies and governments to raise capital for various purposes, such as funding projects, expanding operations, or financing government activities.
When investors purchase bonds, they are lending their money to the issuer. In return, the issuer promises to make regular interest payments to the bondholders and repay the principal amount at the bond's maturity. By issuing bonds, the company or government effectively increases their level of debt. The borrowed funds can be used for various purposes, including investment in new projects, infrastructure development, or meeting financial obligations. In summary, when a company or government issues bonds, they are going into debt to the investors or bondholders who purchase those bonds. It provides them with a means to raise capital by borrowing money from the market, which they are obligated to repay according to the terms of the bond agreement.
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with the aid of industry and individual producer graphs explain how the long run equilibrium in perfect market will be achieved when an economic loss was made in the short run
In a perfectly competitive market, the long-run equilibrium is achieved through the process of entry and exit of firms. When an economic loss is incurred by individual producers in the short run, it signals an imbalance between the market price and the average total cost of production.
When individual producers experience economic losses, some firms will choose to exit the market in the long run. This exit occurs because firms are unable to cover their costs and generate profits. As a result, the supply in the market decreases, shifting the supply curve to the left. The reduction in supply leads to a decrease in the quantity of goods or services available in the market, which in turn puts upward pressure on prices.
As prices rise, the remaining producers who were able to operate at a lower cost may start to earn economic profits. This attracts new firms to enter the market, anticipating the opportunity to make profits. The entry of new firms increases the supply in the market, shifting the supply curve to the right.
The increased supply eventually leads to a decrease in prices, as competition intensifies among producers. This process continues until a long-run equilibrium is reached, where the market price equals the average total cost of production for each firm.
Graphically, this adjustment is represented by the shifting of the supply curve to the left in the short run due to firm exits, followed by a subsequent shift to the right in the long run due to new firm entries. The new long-run equilibrium occurs at the intersection of the demand and supply curves, where price equals average total cost, ensuring that firms earn zero economic profit.
Overall, the long-run equilibrium in a perfect market is achieved through the exit and entry of firms in response to economic losses or profits, respectively, leading to price adjustments and the restoration of equilibrium.
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what is another term that means withholding
A) gross income
B) payroll deductions
C) taxable income
D) allowances
Answer:
B) payroll deductions
Explanation:
To withhold a payment implies abstaining or avoiding to pay. If an employer withholds some payments, it means that the employee will not receive the withheld amount.
When employers withhold taxes and other deductions, it means the employee will not be given the tax amount. The employer will deduct that amount from the employee pay and forward it to the tax agency. Withholding, in this sense, is payroll deductions.
What does the term 'user
experience' refer to regarding a
website?
A. the overall ease of navigation and ability to
purchase on a company's website
B. the general experience a customer has when
using a product of a business
C. the customer experience when dealing with
customer service representatives
Answer:b
Explanation:
if the price of the cotton used in making trousers increases, then the supply curve for trousers will shift to the left. true false
If the price of the cotton used in making trousers increases, then the supply curve for trousers will shift to the left. This statement is true.
What is supply curve?In economics, the supply curve represents the relationship between the price of a product and the quantity of the product that suppliers are willing to produce and sell. The supply curve depicts how much of a good or service producers are willing and able to offer for sale at each possible price, holding all other factors constant.
A rightward shift of the supply curve indicates that at each price point, the producer is willing to supply a greater amount of the good, while a leftward shift of the supply curve indicates that at each price point, the producer is willing to supply less of the good.
Therefore, the price of the cotton used in making trousers increases, then the supply curve for trousers will shift to the left. This statement is true.
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AV Technology, & Film Pathway Maybe a group of students is touring the hotel to learn a bit more about the lodging/hospitality business. In this case, it might help for Jarrett to work with someone in the AV Technology & Film pathway to put together a little video that he can show the students giving them additional information they might not be able to get from just a tour. What other events might come up where Jarrett will need the help of someone in the AV Technology & Film pathway?
Creating promotional videos for the hotel or other hospitality businesses to showcase the amenities and attract potential guests.
Hosting conferences or meetings at the hotel, where AV technology might be needed for presentations and other multimedia content.
What is the AV Technology & Film pathway?Generally, there are many events where Jarrett, or anyone working in the hospitality industry, might benefit from the expertise of someone in the AV Technology & Film pathway. Some examples could include:
Organizing events or parties at the hotel, where AV technology might be needed for music, lighting, and other entertainment.
Creating training videos or other educational materials for employees or guests.
Developing virtual tours or other interactive experiences for guests.
Overall, the AV Technology & Film pathway can be a valuable resource for anyone working in the hospitality industry, as it allows them to enhance the guest experience and create engaging multimedia content.
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) You take $100 and deposit it into your local bank account. If this $100 stays in the banking system as reserves and if banks required reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? By how much does the money supply increase?
If you deposit $100 into your local bank account and the bank is required to hold 10% of deposits as reserves, then $10 of your deposit will be held as reserves and the remaining $90 will be available for the bank to lend out to other customers.
Assuming the bank lends out the entire $90 to another customer who deposits it into their account at the same bank, the total amount of deposits in the banking system would increase by $90. This is because the original $100 deposit and the new $90 deposit both count as deposits in the banking system.
In terms of the money supply, the initial $100 deposit would be included in the money supply as M1, which includes physical currency (coins and bills) and demand deposits (checking accounts). When the $90 is lent out and deposited into another account, it also becomes part of the money supply as M1. Therefore, the money supply would increase by $190 ($100 + $90) in this scenario.
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what is the market required return of a stock if the risk free rate is 3%, the stock's beta is .85 and the market return is 8.5%
In this case, the market required return for the stock is 6.525% (3% + 0.85 x [8.5% - 3%]). The market required return for a stock is calculated using the Capital Asset Pricing Model (CAPM). This model suggests that the expected return of a security is equal to the risk-free rate of return plus a risk premium, which is determined by the stock's beta.
The risk-free rate of return is the expected return of an investment that carries no risk of default or loss of principal. Generally, this is the rate of return on a risk-free asset such as a US Treasury Bond. The beta of a stock measures its volatility relative to the market. The higher the beta, the more volatile the stock is compared to the market. In conclusion, the market required return of a stock with a beta of 0.85 and a market return of 8.5% and a risk free rate of 3% is 6.525%.
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Bandana software produces unique software that is technologically superior to similar products in the market. The source of this market power is:
The source of Bandana software's market power is its technological superiority over similar products in the market. The company has likely invested significant resources in research and development to create software that performs better, faster, and with greater efficiency than its competitors. This technological advantage allows Bandana software to offer a unique product that is difficult for competitors to replicate.
Furthermore, this technological superiority may allow Bandana software to charge a premium price for its products, as customers are willing to pay more for higher quality software that is better suited to their needs. This, in turn, can lead to higher profits for the company.
Additionally, Bandana software's market power may be reinforced by its brand reputation, customer loyalty, and strong relationships with key suppliers or partners. These factors can all contribute to the company's ability to maintain a dominant position in the market and continue to innovate and produce technologically superior software.
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what was the total charge for her purchase?
All of the following are needed for the calculation of straight-line depreciation except:
a. cost
b. residual value
c. estimated life
d. units produced
Units produced is not needed for the calculation of straight-line depreciation.
With straight-line depreciation, an organisation may spread the cost of a fixed asset over the time it will be used to generate value. Correct depreciation has an impact on a company's income statement, balance sheet, profitability, and net assets. Straight line depreciation is calculated by multiplying the asset's cost by its estimated salvage value divided by the asset's anticipated useful life. Where: The cost of the asset, including any associated capital expenditures, is the asset's initial purchase price or construction cost.
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A pass-through scheme is usually undertaken by someone who works in which department?
A pass-through scheme is usually undertaken by someone who works in the billing department
In pass-through schemes, the employer makes purchases through a shell company set up by the employee, which is later marked up and sold to the employer. The worker alters the markup for personal gain.
The offender bills the victim organization for false goods and services in a classic shell business scam. On the other hand, in a pass-through system, the criminal really offers real goods and services.
The pass-through scheme computation is straightforward. Using the invoice date, determine the first and last invoice numbers. The numerical difference between the two invoice numbers should be calculated.
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It's helpful to write a company's mission statement in what way?
A. By comparing the company's products to its competitors
B. By listing the company's values
C. By describing what the company does for its customers
D. By providing a list of product prices
Answer: C
Explanation:
Put this doodoo on edge
It's helpful to write a company's mission statement in a way By describing what the company does for its customers. Thus the correct option is C.
What is the importance of a Mission statement?A mission statement establishes an optimal future for the business and guides its advancement. These statements have the capacity to clearly express your goals and inspire your team or organization to carry out a compelling future vision.
Employees are encouraged by mission statements to consider how their activities may affect the future performance of the firm and the culture of the workplace. It outlines the organization's goals and main objectives.
The company's mission statements serve as a roadmap for determining the goal of your job. You and your team can create a solid plan to accomplish those goals after they are set.
Therefore, option C is appropriate.
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You see a white marker with an orange diamond and black lettering. what does this marker tell you?
Answer:
A white marker with an orange diamond and black lettering is a sign that warns boaters of possible dangers ahead, such as rapids, rocks, and dams.
The description you provided suggests a specific type of marker commonly used in various contexts, such as construction sites, roadways, or events.
The implication of the markerTypically, markers like these are used for identification or communication purposes.
Markers can have different meanings depending on the context in which they are used. For example, in some situations, an orange diamond-shaped marker with black lettering may indicate a warning or cautionary sign, alerting people to potential hazards or dangers in the area.
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business studies June paper 1 2023
The increasing demand for sustainable and eco-friendly products presents both challenges and opportunities for Company X, a leading global technology firm that specializes in the production of smartphones. To meet this demand, the company will have to come up with environmentally friendly practices while still maintaining a competitive edge in the smartphone industry.
ChallengesThe following are the potential challenges that Company X may face in meeting the demand for sustainable smartphones:
1. High Production CostsThe production costs of environmentally friendly smartphones may be significantly higher compared to those of traditional smartphones. To reduce costs, Company X should seek alternative production methods and materials, which should be both cost-effective and environmentally friendly.2. Difficulty in Finding Reliable SuppliersSustainable production requires sourcing materials from ethical and environmentally conscious suppliers. To avoid sourcing from non-eco-friendly suppliers, the company will need to conduct due diligence on its supply chain.OpportunitiesThe following are the potential opportunities that Company X may leverage in meeting the demand for sustainable smartphones:
1. Increased RevenueStreamSustainable smartphones can create a new revenue stream for the company, attracting environmentally conscious consumers willing to pay a premium price for environmentally friendly products.2. Increased Market ShareThe demand for eco-friendly smartphones is growing. By producing sustainable smartphones, the company can increase its market share and, subsequently, its profitability.StrategiesTo address the challenges and capitalize on the opportunities, Company X should consider the following strategies:
1. Green Supply ChainThe company should adopt an environmentally conscious supply chain that focuses on sustainable sourcing and manufacturing. This will reduce the environmental impact of the company's products while reducing production costs.2. Sustainable Product DesignThe company should develop smartphones that are easy to recycle, energy-efficient, and manufactured using eco-friendly materials. Sustainable products will meet the increasing demand for eco-friendly products while minimizing waste and reducing environmental impact.3. Promoting Corporate Social ResponsibilityCompany X should promote corporate social responsibility through transparency, accountability, and ethical practices. Such practices will help build the company's reputation and increase customer loyalty.For more such questions on production
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NOTE- Full question is business studies June paper 1 2023
Question: Case Study: Company X is a leading global technology firm that specializes in the development and manufacturing of smartphones. Over the years, the company has faced intense competition and changing market trends. Recently, there has been a growing demand for sustainable and environmentally friendly products in the smartphone industry. Based on the given information, analyze the potential challenges and opportunities for Company X in meeting the demand for sustainable smartphones. Discuss the strategies the company can adopt to address these challenges and capitalize on the opportunities, considering both the environmental and business aspects. Support your answer with relevant examples and theoretical concepts from the field of business studies.
Select the steps in financial planning. (Select all that apply) Multiple select question. define the firms organizational chart forecasting short term needs recruit employees establish financial controls develop budgets
The available steps which are part of the financial planning process for a business or an individual includes:
B. Forecasting short term needsD. Establish financial controlsE. Develop budgetsAccording to the given question, we are asked to state the available steps which are part of the financial planning process for a business or an individual.
As a result of this, we can see that the main objective of the financial planning process is to optimize the profits which the business makes. With this in mind, we can see that the steps which are
Therefore, the correct answers are options B, D and E
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If the trade deficit of 2% of GDP and domestic investment is 20% of GDP, then___ saving is____of GDP.
A. national, 18% B. national, 22% C. private, 18% D. private, 22%
The answer to the following question is option (C) Private, 18%.Here’s why:Gross Domestic Product (GDP) is the measure of economic activity in a country, usually given annually. It is calculated by summing up consumption, investment, government spending, and net exports.
Therefore, GDP = C + I + G + (X-M)X stands for exports, while M stands for imports. The trade deficit is the difference between imports and exports. It is the amount by which the value of a country's imports exceeds the value of its exports.
In other words, Trade Deficit = M - X. The percentage trade deficit is measured by dividing the value of the trade deficit by the GDP. Therefore, % Trade Deficit = (M-X)/GDP * 100.Domestic investment is the sum of private investment and government investment, which is I = IP + IG.
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How many customers billed fewer than 9.5 service hours in the green lawns service ledger?
To determine the number of customers billed for fewer than 9.5 service hours in the Green Lawns Service Ledger, we need more information such as the total number of customers and their service hours. Without this information, we cannot provide an accurate answer to the question.
The Green Lawns Service Ledger likely contains a record of all customers who received services, along with the number of service hours provided and the corresponding billing information. By analyzing this ledger, we could identify the number of customers who were billed for fewer than 9.5 service hours.
It's important to have accurate and detailed records of all business transactions, including customer service hours and billing information. This can help business owners make informed decisions and ensure accurate financial reporting.
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In Nigeria, there are no refineries that are actively working and Nigeria being the largest oil producer in Africa to this regards. Instead the Nigerian government take the crude oil to as far as the united states of America to refine the crude oil and upon bringing the refined crude it cost the Nigerian government billions of dollars. Mr. Alinko Dangote is a Nigerian and a business mogul and has a land in Lagos, Nigeria which is estimated to be 2,500 hectares of land and the refinery is to have 435MW power plant to meet up the total power plant of Ibadan DisCo with his start up capital of $30,000000000 dollars with 10% discount to other African countries and his sole aim is to make petroleum products readily available to consumers and to deal with the issue of fuel scarcity in the Nigeria. Therefore as an EXPART you are to conduct a feasibility study on the project Evaluation ask to ask such questions like:
1. Technical Part of the company.
2. Commercial
3. Economic ( Micro & Macro) part of the company.
4. Financial part of the company.
5. Managerial & organizational part of the company.
6. Operational part of the company.
7. Is the refinery going to be viable in the long run explainyour answers in details.
BELOW ARE THIS PROJECTED CASH FLOW
YEAR CASH FLOW
1 20,000000000
2 15,000000000
3 13,000000000
4 10,000000000
5 7,000000000
Feasibility Study for Dangote's Refinery Project in Nigeria:Technical Part of the Company:The technical part of the refinery project involves assessing the engineering and operational aspects. Key questions to consider are:
Is the refinery equipped with the necessary technology and equipment for efficient crude oil refining?What is the production capacity of the refinery? Will it be able to meet the demand for petroleum products in Nigeria and potentially export to other African countries?
Are there any environmental concerns or regulatory requirements that need to be addressed in the design and operation of the refinery?
Commercial Aspect of the Company:
The commercial aspect focuses on market analysis and determining the demand for petroleum products. Key questions to consider are:
What is the current demand for petroleum products in Nigeria? How is it expected to grow in the future?
What is the market share of other refineries and how will Dangote's refinery impact the competition?
Are there any potential risks or challenges in terms of marketing and distribution of the refined products?
Economic (Micro & Macro) Part of the Company:
The economic analysis considers both micro and macroeconomic factors. Key questions to consider are:
What is the pricing strategy for the refined products? How will it be competitive in the market?
How will the refinery impact employment and local economic development?
What are the potential economic benefits for Nigeria, such as reducing import costs and increasing foreign exchange earnings?
Financial Part of the Company:
The financial analysis assesses the viability and profitability of the project. Key questions to consider are:
What are the initial capital investments required for constructing the refinery?
How will the cash flow projections be utilized? Are they realistic and based on accurate market assessments?
What is the expected return on investment (ROI) and payback period for the project?
Managerial & Organizational Part of the Company:
The managerial and organizational aspect focuses on the leadership and structure of the company. Key questions to consider are:
Does Dangote have the necessary management expertise and experience in the oil refinery sector?
What is the organizational structure of the company? Is it capable of efficiently managing and operating the refinery?
Are there any potential risks related to human resources, training, and maintaining a skilled workforce?
Operational Part of the Company:
The operational analysis considers the day-to-day activities and processes of the refinery. Key questions to consider are:
What is the supply chain management strategy for the refinery? How will crude oil be sourced and transported?
What are the key operational risks and challenges? For example, ensuring consistent availability of raw materials, managing maintenance and repairs, and minimizing downtime.
Viability in the Long Run:
The viability of the refinery project in the long run depends on various factors. Key considerations include:
Sustainability of demand for petroleum products in the domestic and regional markets.
Ability to adapt to changing market dynamics, such as price fluctuations, regulatory changes, and advancements in technology.
Efficient cost management and optimization of operations to maintain profitability even during periods of market uncertainty.
It is essential to conduct a detailed feasibility study that thoroughly examines each of these aspects and factors to determine the viability of the refinery project. The projected cash flow provided can be used as a starting point, but it should be supplemented with detailed cost and revenue projections to assess the financial feasibility of the project over the long term.
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