No, as the family room is used for various personal activities, it does not meet the IRS requirement of exclusive use for business purposes.
Based on the given information, it is unlikely that you meet the IRS deductions requirement of regular and exclusive use of your home space/room for business purposes.
To qualify for home office deductions, the space used for business purposes must meet the criteria of regular and exclusive use. "Regular use" means using the space consistently for business activities, while "exclusive use" means the space is used only for business purposes and not for personal activities.
In the scenario provided, the family room is used for a variety of personal activities such as nightly television watching, video games, and hosting card games with friends. This shared use indicates that the room is not exclusively dedicated to business activities.
The IRS may consider the shared use of the family room as a factor that disqualifies it from meeting the requirement of exclusive use. To meet the deduction requirements, it is generally recommended to have a dedicated space solely used for business purposes, such as a separate room or office.
In summary, based on the information provided, you do not meet the IRS deductions requirement of regular and exclusive use of your home's family room for business purposes.
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U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because
U.S. citizens pay $5 billion more annually because both countries have imposed tariffs on imported goods to protect their domestic markets.
What is tariff?A tariff simply means a tax imposed by a government of a country on imports or exports of goods.
In this case, U.S. citizens pay $3 billion more annually for shoes and Japanese citizens pay $6 billion more for rice than the actual cost of the products because both countries have imposed tariffs on imported goods to protect their domestic markets.
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________ involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
Answer:
Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location.
A lot of people do buy special insurance for their homes. Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location is a true statement.
Special insurance policy expressly are often made so as to offer a sure or verified form of protection in the event of some particular circumstances.The business or property that one has would need own set of special insurance coverages for the unforeseen risks and it is better to take a special policy that is based on one's geographical location.
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A perfectly competitive firm receives $10 per unit at an equilibrium level of output of 80 units. the average total cost at 80 units of output is $8.50. the firm makes a total economic profit of:________
A perfectly competitive firm receives $10 per unit at an equilibrium level of output of 80 units. the average total cost at 80 units of output is $8.50. the firm makes a total economic profit of $120.
What is a perfectly competitive firm?A hypothetical market system is referred to as perfect competition.The perfect competition offers a valuable model for illustrating how supply and demand influence pricing and behavior in a market economy, despite perfect competition seldom occurring in actual markets. There are numerous buyers and sellers in a market with perfect competition, and prices always reflect supply and demand. Companies only make as much money as is necessary to stay in operation. Other businesses would enter the market and reduce revenues if they were to make excessive profits. One standard or ideal kind to which actual market structures can be contrasted is perfect competition.The cost per unit entity is $10
For 80 units the cost is $ 80 ×10 = $800
The equilibrium cost of 80 units = $80 ×8.5 = $680
total economic profit = 800- 680 = $120
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After Dolly's lemonade stall became an overnight success, some of her regular customers invited her to set up lemonade dispensers in their offices. How should she update her current Lean Canvas based on this new opportunity? Select the correct answer. Choose one: a.She doesn't need to update her current Lean Canvas based on this new opportunity. b.She should add the new opportunity under Channel to the current Lean Canvas. c.She should create a new Lean Canvas for her new customer segment. d.She should add it as an unfair advantage in the current Lean Canvas.
She update her current Lean Canvas based on this new opportunity She should add the new opportunity under Channel to the current Lean Canvas. The correct answer is: b.
Dolly's overnight success and the invitation to set up lemonade dispensers in offices represent a new opportunity for her business. To reflect this in her Lean Canvas, Dolly should update her current canvas by adding the new opportunity under the "Channel" section. The Channel section of the Lean Canvas focuses on the different ways a business can reach its customers and deliver value.
By adding the new opportunity under Channel, Dolly can outline how she plans to leverage this distribution channel to expand her business. She can consider factors such as the logistics of setting up lemonade dispensers in offices, the potential reach and demand from the office customers, and any adjustments needed in her business operations to cater to this new customer segment.
Updating the Lean Canvas allows Dolly to capture the potential benefits and challenges associated with the new opportunity, ensuring that she has a comprehensive view of her business model and can make informed decisions to maximize her success.
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One result of economic growth during the song period was urbanization, which means.
Answer:
Growth in cities this is the answer
Golden Eagle Company has the following balances at the end of November:
November 30
Debit Credit
Supplies $1,650 Prepaid Insurance 6,600 Salaries Payable $10,300
Deferred Revenue 0
The following information is known for the month of December:
Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150.
No insurance payments are made in December. Insurance expired in December is $1,650.
November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300.
On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. For each item, (a) record any transaction during the month of December, and (b) prepare the related December 31 year-end adjusting entry. (If no entry is required for a particular transaction/event, select "No Journal Entry Required" in the first account field. )
A. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the entry made during the month of December.
B. Purchases of supplies for cash during December were $3,800. Supplies on hand at the end of December equal $3,150. Record the adjusting entry on December 31.
C. No insurance payments are made in December. Insurance expired in December is $1,650. Record the entry made during the month of December.
D. No insurance payments are made in December. Insurance expired in December is $1,650. Record the adjusting entry on December 31.
E. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the entry made during the month of December.
F. November salaries payable of $10,300 were paid to employees in December. Additional salaries for December owed at the end of the year are $15,300. Record the adjusting entry on December 31.
G. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the entry made during the month of December.
H. On December 1, Golden Eagle received $3,450 from a customer for rent for the period December through February. By the end of December, one month of rent has been provided. Record the adjusting entry on December 31
A. debit: supplies $3,800 Credit: Cash $3,800. Golden Eagle Company has the following balances at the end of November.
What is Golden Eagle ?A golden eagle is a large bird of prey found in North America, Europe, and parts of Asia. The golden eagle has a wingspan of up to 7 feet and can weigh up to 15 pounds. It is distinguished from other eagles by its golden-brown plumage and white tail feathers. Golden eagles are apex predators, meaning they are at the top of the food chain, and their diet consists mainly of small mammals and birds. Golden eagles use a combination of speed, agility, and sharp talons to capture their prey.
B. Debit: Supplies $650 Credit: Supplies Expense $650
C. No Journal Entry Required
D. Debit: Prepaid Insurance $1,650 Credit: Insurance Expense $1,650
E. Debit: Salaries Expense $10,300 Credit: Cash $10,300
F. Debit: Salaries Payable $15,300 Credit: Salaries Expense $15,300
G. Debit: Cash $3,450 Credit: Deferred Revenue $3,450
H. Debit: Deferred Revenue $2,900 Credit: Revenue $2,900
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what are the ways of receiving employment related information?
Answer:
just do well on software and follow me for updates
Other things remaining the same, if the cost of goods sold decreases, then:_______.
a. Inventory turnover ratio and weeks of supply will both go up.
b. Inventory turnover ratio and weeks of supply will both go down.
c. Inventory turnover ratio will go down, but the weeks of supply will go up.
d. Inventory turnover ratio will go up, but weeks of supply will go down.
e. Inventory turnover ratio will stay the same, but weeks of supply will go down
Other things remaining the same, if the cost of goods sold decreases, then the correct answer is: d. Inventory turnover ratio will go up, but weeks of supply will go down.
Here's the step-by-step explanation:
1. The cost of goods sold (COGS) is the total cost of producing or acquiring goods sold during a specific period. It includes the cost of materials, labor, and overhead expenses.
2. The inventory turnover ratio measures how efficiently a company manages its inventory by dividing the cost of goods sold by the average inventory. It indicates how quickly a company sells its inventory and replenishes it.
3. When the cost of goods sold decreases, it means that the company is selling goods at a lower cost or reducing the quantity sold.
4. As a result, the inventory turnover ratio will increase. This is because the cost of goods sold is in the numerator, and a decrease in COGS will lead to a higher ratio.
5. On the other hand, the weeks of supply measure how long a company's inventory will last based on the current rate of sales. It is calculated by dividing the average inventory by the cost of goods sold per week.
6. When the cost of goods sold decreases, the denominator in the weeks of supply calculation decreases. As a result, the weeks of supply will go down.
In conclusion, when the cost of goods sold decreases, the inventory turnover ratio will go up because the company is selling goods more efficiently. However, the weeks of supply will go down because the inventory is being depleted at a faster rate.
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please help!!!!!!!!!!!
Answer:
(1) Customers rating a new car model on social media - External info
(2) Company info
(3) External info
(4) Company info
Explanation: Company information is basically explaining information abt the product or what it is they're selling. External information is the feedback or in other terms "review" on a companies item. Hope this helped <3
(The #'s are the examples in the boxes starting from left to right btw)
a bond is redeemable in eight years at 120% of its par value. the bond pays an annual coupon rate of 6%. calculate the premium as a percent of the par value if the bond is purchased to yield 6% annually.
Using a financial calculator or spreadsheet, we can input the following variables:
- N (number of periods): 8
- I/Y (yield): 6%
- PMT (coupon payment): 6% of the par value
- FV (future value): 120% of the par value
Solving for PV (present value), we get:
PV = $1,000 / (1 + 6%)^1 + $60 / (1 + 6%)^2 + ... + $1,200 / (1 + 6%)^8
PV = $851.36
This means that the bond is worth $851.36 today if it is purchased to yield 6% annually.
To calculate the premium as a percent of the par value, we can subtract the present value from the future value and divide by the par value:
Premium = ($1,200 - $851.36) / $1,000
Premium = 34.86%
Therefore, the premium as a percent of the par value is 34.86% if the bond is purchased to yield 6% annually.
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What can you do if you aren't sure how to create good content for your website?
a. hire a copywriter
b. stick with headings and captions
c. write anything to fill the pages
d. add more video links
What can you do if you aren't sure how to create good content for your website is: a. hire a copywriter.
How to create good content for your website
If you do not know how to create good content that will attract people to your website the best choice is to hire a copy writer.
A copy writer will be in the best position to help you write good content until you are capable of writing good content your self without the help of a copy writer.
Therefore the correct option is A.
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According to hazlitt, what should be done to help those who are hurt by economic progress? what should not be done?
For Hazlitt, there must be more production with the same workforce to achieve economic progress, generating more opportunities for individuals.
What should not be done are rules and norms that infringe on morals and ethics.
What is Henry Hazlitt's main contribution to the economy?Through a simple and objective writing, he wrote in 1946 the book "Economy in a lesson" that instituted governmental actions and norms to achieve economic development, being a highlight of libertarianism philosophy.
Therefore, Hazlitt's ideas were focused on libertarianism, which was based on the practice of morality and freedom to build a more developed society.
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Suppose the FED decides to engage in expansionary monetary policy to pull the economy out of a recession. a. What changes in the reserve ratio, the discount rate, and the open-market operations would you recommend? Reserve ratio: Discount rate: Open market operations: b. Using a diagram of the money market, show what change, if any, this policy will have on the money supply, and the interest rate? c. Use the aggregate demand-aggregate supply model to show the effect of this policy on aggregate demand and also on the price-level.
a. To implement an expansionary monetary policy, I would recommend:- Reserve ratio: Decrease the reserve ratio- Discount rate: Lower the discount rate. - Open market operations: Purchase government securities.
b. In the money market diagram, the money supply curve will shift to the right, and the interest rate will decrease.
a.- Decreasing the reserve ratio allows banks to lend more, which increases the money supply in the economy.
- Lowering the discount rate encourages banks to borrow more from the central bank, further increasing the money supply.
- Open market operations involve the buying and selling of government securities by the central bank. Purchasing government securities injects more money into the economy, increasing the money supply.
b. When the money supply increases, the money supply curve in the money market diagram shifts to the right. This causes the equilibrium interest rate to decrease as the supply of money now exceeds the demand for it. Lower interest rates encourage borrowing and investment, which stimulates economic activity.
c. In the AD-AS model, an expansionary monetary policy leads to lower interest rates, which encourages businesses and households to borrow and spend more. This increases aggregate demand, shifting the AD curve to the right. As a result, output (real GDP) increases, and the economy moves closer to full employment. However, this policy may also lead to a higher price level if the economy is already near full capacity.
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Choose the term that best matches the description given.
_______detail the activities of the people both inside and outside of the organization.
Helps measure market success and detail the activities of the people both inside and outside of the organization. Hence, option C is appropriate.
What is the meaning of market?
To make the long-term strategic expenditures more appealing and provide the organization with a future vision, define your market as just a group of individuals and the task they are attempting to do.
A market is a place where buyers and sellers can meet and trade goods and services. Markets can be physical, like a store, or they can be digital, like an online retailer.
Any location where producers, retailers, or distributors sell and customers buy is a market. Websites, main streets, and stores are a few examples. The phrase may also be used to describe all customers who purchase a service or product. Market-based businesses frequently face competition from other businesses.
The entire number of buyers and sellers inside the region or area under consideration is referred to as the "market." The region can be the whole world, a nation, a state, or a city. The value, cost, and price of traded goods depend on the market's supply and demand forces.
Hence, option C is correct.
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why are intermediate products excluded from the macroeconomic calculations of GDP?
Intermediate products are excluded from the macroeconomic calculations of GDP because their worth is incorporated into the final products.
Intermediate products are goods that are utilized by businesses to produce goods or services. These are also referred to as producer goods. In other words, intermediate products are used in the production of final products or consumer products.
They can also be regarded as ingredients in final products as well as inputs into the production of other items. A corporation may manufacture intermediate products for the production of final or finished goods, or it may sell them to another company involved in the production of final products.
Intermediate products may become a component of the end product or undergo significant changes during the manufacturing process of making finished items.
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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?
Low, high levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.
Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.
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Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?
Answer :
Promotion is the P of marketing Henry may focus on to differentiate his retail shop.
Explanation :
In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.
Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.
This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.
1.5 Businesses must promote creative thinking in the workplace in order to address complex problems. Advise businesses on the following aspects of creative thinking.
1.5.1 The meaning of creative thinking. (2)
1.5.2 Ways to create an environment that promotes creative thinking in the workplace. (8)
1.5.3 Distinguish between problem solving and decision making. (8)
1.5.4 Discuss the application of brainstorming as a problem solving technique. (2)
Total: 50
Creative thinking is the process of generating new and innovative ideas, approaches, or solutions.
What is generating?Generating is the process of creating something, such as a document, a product, or an idea. It involves the use of resources, skills, and knowledge to create something new. Generating can be done in various ways, such as brainstorming, research, experimentation, and problem solving. Generating can be used to create new products, solve problems, develop ideas, and improve existing products and services.
It involves combining existing ideas in an innovative way and finding fresh and novel solutions to existing problems.
Encourage open communication and collaboration between team members.
Provide employees with the resources and time to explore their ideas.
Reward employees for their creative contributions.
Problem solving is the process of identifying problems and finding solutions to them, while decision making is the process of selecting the best solution to a problem.
Brainstorming is a problem solving technique in which a group of people come together to generate ideas and solutions to a problem.
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what is the main risk you face when you buy stocks as investments?
The main risk you face when you buy stocks as investments is market risk.
Market risk refers to the possibility that the value of your stocks may decline due to economic, political, or other market factors that are beyond your control.
Other risks associated with stock investing include Credit risk: The risk that the company will default on its debt obligations, leading to a decline in the value of its stock. Liquidity risk: The risk that you may not be able to sell your stock when you need to because there are not enough buyers in the market.
Interest rate risk: The risk that changes in interest rates will lead to changes in stock prices, as interest rates affect the cost of borrowing and, therefore, corporate profits. Sector risk: The risk that a specific industry or sector may underperform, leading to a decline in the value of the stocks in that sector.
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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:
ABC Ltd., a technology company, issues a $20 million IPO providing proceeds to ABC of $3.6 per share, from an offer price to the public of $4 per share. The company's legal fees, ASIC registration fees, and other administrative costs are $289,000. The company's share price increases 8 per cent on the first day. What is the total cost to the issuer of the IPO (in millions of dollars to the nearest three decimal places; don't use the $ sign eg 7.897)?
The total cost to the issuer of the IPO is $0.289 million (to the nearest three decimal places).
IPO size: $20 million
Proceeds to ABC Ltd. per share: $3.6
Offer price per share to the public: $4
Administrative costs: $289,000
To calculate the total cost to the issuer of the IPO, we need to determine the number of shares issued and then subtract the total proceeds received from the administrative costs.
Number of shares issued = IPO size / Proceeds per share
Number of shares issued = $20,000,000 / $3.6 = 5,555,556 shares (approx.)
Total proceeds received by ABC Ltd. = Number of shares issued x Proceeds per share
Total proceeds received = 5,555,556 shares x $3.6 = $19,999,999.36 million (approx.)
Total cost to the issuer of the IPO = Total administrative costs
Total cost = $289,000
Therefore, the total cost to the issuer of the IPO is $0.289 million (to the nearest three decimal places).
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
Performance improvement is likely to occur when four conditions are true that include all of the following EXCEPT
Multiple Choice
recipients believing change is necessary and feasible.
appropriate improvement goals being set.
improvement being recognized and rewarded.
the recipient being young.
The condition "the recipient being young" is not necessarily a determinant of performance improvement, as individuals of all ages can improve their performance if the right conditions are in place.
Four conditions can lead to performance improvement, except "the recipient being young." Here's the answer. Performance improvement is likely to occur when four conditions are true, including:
1. Appropriate improvement goals being set: It is crucial to set specific, measurable, achievable, relevant, and time-bound (SMART) goals to effectively guide and motivate the individual or team towards improvement.
2. Effective feedback and communication: Providing clear, constructive feedback and maintaining open communication channels can help identify areas of improvement and facilitate a better understanding of expectations.
3. Availability of resources and support: Ensuring that individuals have access to the necessary resources, tools, and support (e.g., training, and mentorship) can significantly contribute to their ability to improve their performance.
4. Regular monitoring and evaluation: Continuously monitoring progress, evaluating performance against set goals, and adjusting strategies accordingly can help maintain focus and drive improvement efforts.
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Assume that for a given program 70% of the executed instructions are arithmetic, 10% are load/store, and 20% are branch.
1) Given the instruction mix and the assumption that an arithmetic instruction requires 2 cycles, a load/store instruction takes 6 cycles, and a branch instruction takes 3 cycles, find the average CPI.
2) For a 25% improvement in performance, how many cycles, on average, may an arithmetic instruction take if load/store and branch instructions are not improved at all?
3) For a 50% improvement in performance, how many cycles, on average, may an arithmetic instruction take if load/store and branch instructions are not improved at all?
The correct answers are as follows:
Average CPI = 2.6 cyclesAn arithmetic instruction may take approximately 1.95 cycles.An arithmetic instruction may take approximately 1.3 cycles.1. To find the average CPI (cycles per instruction), we need to consider the instruction mix and the cycles required for each instruction type. Given that 70% of the instructions are arithmetic (2 cycles per instruction), 10% are load/store (6 cycles per instruction), and 20% are branch (3 cycles per instruction), we can calculate the average CPI as follows:
Average CPI = (0.7 * 2) + (0.1 * 6) + (0.2 * 3)
= 1.4 + 0.6 + 0.6
= 2.6 cycles
2. If we want to achieve a 25% improvement in performance while keeping the load/store and branch instructions unchanged, we need to reduce the average CPI. Assuming the arithmetic instructions are the target for improvement, we can calculate the new average CPI:
New average CPI = Average CPI * (1 - 0.25)
= 2.6 * 0.75
= 1.95 cycles
Therefore, an arithmetic instruction may take, on average, 1.95 cycles.
3. Similarly, for a 50% improvement in performance without improving load/store and branch instructions, we can calculate the new average CPI:
New average CPI = Average CPI * (1 - 0.50) = 2.6 * 0.5 = 1.3 cycles
Hence, an arithmetic instruction may take, on average, 1.3 cycles.
By considering the instruction mix and the desired performance improvements, we can determine the average CPI and estimate the number of cycles an arithmetic instruction may take in different scenarios.
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Entrepreneurship is in Alyssa Stuart's blood. Alyssa has been starting businesses since she was 10 years old, and she finally has the perfect business of custom-made furniture. Customers who visit Alyssa's shop can choose from a number of different fabrics and 50 different styles of couch and chair designs to create their custom-made furniture. Once the customer decides on a fabric pattern and furniture design, the information is sent to China where the furniture is built and shipped to the customer via the West Coast. Alyssa is excited about her business; all of her hard work has finally paid off as she has more than 17,000 customers and 875 orders currently in the pipe. Alyssa's business is booming. Her high-quality products and outstanding customer service have created an excellent reputation for her business.
In order to expand the business, Alyssa Stuart has hired you as an external financial consultant. You are expected to provide her with advice on financial management issues, business strategy and future development.
Alyssa Stuart is thinking of starting a store that specializes in handmade Viennese style bentwood chairs. Before opening her store, Alyssa is curious about how her profit, revenue, and variable costs will change depending on the amount she charges for the chairs. Alyssa would like you to perform the work required for this analysis and has given you the data. Here are a few things to consider while you perform your analysis:
• Current competitive prices for Viennese style bentwood chairs are between $225 and $275 a chair.
• Variable costs will be either $100 or $150 a chair depending on the types of material Alyssa chooses to use.
• Fixed costs are $10,000 a month.
1. Excel file containing the information in the next page:
Alyssa's chairs - Price One
Alyssa's chairs - Price Two
Chair Price
$ 225 Chair Price
$ 275 Variable Cost per chair
$ 125 Variable Cost per chair
$ 150 Fixed Cost
$ 10,000 Fixed Cost
$ 10,000 Number of chairs to sell
Number of chairs to sell
Total revenue
Total revenue
Note: Define the names for the cells with numbers (select the cell(s) to be named, click in the Name box (to the left of the formula bar), valid one-word name for the list, e.g. Chair_Price_One, and press the Enter key).
Calculate the break-even point for Alyssa's shop (the quantity of chairs and total revenue) for both scenarios of pricing. In your opinion, which of the pricing strategies is preferable? Why? For your answer, make sure that your Excel table contains calculations so the Instructor can see the formula in the formula bar for the populated cells.
How can Alyssa boost her profits by cost cutting or increase sales? Provide at least three recommendations that you consider the most important.
1. Break-even Point for Chair Price One: For the first scenario, the break-even point is when Alyssa needs to sell 92 chairs to break even, with a total revenue of $20,700.
What is scenario?Scenario is a term used to describe the narrative of a story, plan, or situation. It is usually used in the context of a business plan, where it outlines the various causes and effects of a particular action or set of actions. A scenario typically describes a sequence of events, potential outcomes, and potential responses to those outcomes.
Break-even Point for Chair Price Two: For the second scenario, the break-even point is when Alyssa needs to sell 71 chairs to break even, with a total revenue of $20,025.
In my opinion, the first scenario is preferable. This is because the first scenario has a lower break-even point of 92 chairs, compared to the second scenario which has a break-even point of 71 chairs. Additionally, the total revenue of the first scenario is $20,700, which is higher than the total revenue of the second scenario, which is $20,025. Therefore, the first scenario is more likely to generate more profit for Alyssa's business.
How can Alyssa boost her profits by cost cutting or increase sales?
1. Alyssa can use digital marketing to increase sales. Digital marketing platforms such as social media, search engine optimization, and email campaigns can help Alyssa reach a wider customer base and increase sales.
2. Alyssa can focus on customer loyalty programs or discounts. This will encourage customers to come back and buy more chairs.
3. Alyssa can look for alternative suppliers that offer cheaper materials. This will help reduce the variable cost per chair and increase profits.
4. Alyssa can also look into bulk buying materials to reduce costs. Buying in bulk will enable Alyssa to get a lower price for the materials she needs for her chairs.
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Break-even Point for Chair Price One: In the first case, Alyssa must offer 92 chairs for a total of $20,700 in sales in order to break even.
What is Break-even Point?Break-even Point for Chair Price Two:
In the second situation, Alyssa must sell 71 chairs for a total of $20,025 in sales before she breaks even.
I think the first possibility is better. This is so that the first scenario's break-even point, which is 92 chairs, is lower than the second scenario's break-even position, which is 71 chairs. Additionally, the first scenario's total revenue, which is $20,700, is greater than the second scenario's total revenue, which is $20,025. As a result, Alyssa's company is more likely to make more money under the first situation.
To boost sales, Alyssa can use internet marketing. Alyssa can expand her customer base and boost revenue by using digital marketing tools like email campaigns, social media, and search engine optimization.Alyssa can concentrate on promotions or client loyalty programs. This will entice clients to return and purchase additional seats.Alyssa can search for different vendors who provide less expensive materials. Profits will rise and the variable expense per chair will be decreased as a result.To cut expenses, Alyssa can also consider buying supplies in bulk. Alyssa will be able to get the supplies she needs for her chairs for less money by purchasing in quantity.To know more about Break-even Point, visit:
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The complete question attached below,
Madsen Motors's bonds have 18 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 7%, and the yield to maturity is 8%. What is the bond's current market price? Round your answer to the nearest cent.
Answer:
$906.30
Explanation:
Face value (FV) = $1000
Coupon payment (C) = 7% of $1000 = $70
Yield to maturity (r) = 8% = 0.08
t = 18
Number of compounding periods (n) = 1 (annually)
Using the relation:
C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt
70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18
70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18
70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)
70(9.3718871) + 250.24902
= $906.281117
= $906.30
4 Part 3 of 3 3 points eBook Print References a. Purchased $100,300 of raw materials on credit. B. Materials requisitions show the following materials used for the month. Job 201 $ 48,500 Job 202 23,9
The company purchased $100,300 of raw materials on credit. The materials requisitions for the month show that $48,500 of materials were used for Job 201 and $23,900 of materials were used for Job 202. These figures represent the cost of materials consumed in the production process for each respective job.
The company's purchase of $100,300 of raw materials on credit indicates that the company acquired materials during the month but did not pay for them immediately. This purchase serves as an increase in the company's inventory of raw materials.
The materials requisitions provide information on the specific materials used for each job during the month. Job 201 used $48,500 worth of materials, while Job 202 used $23,900 worth of materials.
These figures represent the cost of materials consumed in the production process for each job. The materials requisition serves as a record of the materials taken from inventory and used in the manufacturing process.
Together, these transactions and records help track the flow of materials and their associated costs within the company's production activities.
They provide valuable information for cost accounting purposes and help in monitoring and controlling the company's inventory and production costs.
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Why is there a relationship between rate of return and risk?
Simply put, risk and required return are directly related by the simple fact that as risk increases, so does required return. As risk decreases, the required return decreases.
Actual return: Actual ROI reflects past financial performance and calculates the company's actual his ROI.
Required yield: The required rate of return reflects the level of risk involved in investing in a particular company.
Business valuation theory states that the required return is equal to the perceived risk of the investment. In other words, the rate of return required to attract investors over another investment opportunity in the current market. Effectively, as risk increases, so does the required return, which in turn reduces the value of the company in question (and vice versa).
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