TRUE, Employing temporary workers, who are frequently engaged by an outside staffing firm, enables a business to adapt its workforce quickly in order to satisfy changing customer demands for goods and services.
An employment situation where the working arrangement is confined to a specific period of time based on the demands of the employing organisation is referred to as temporary job or temporary employment (also known as gigs). Temporary workers are also referred to as "contractual," "seasonal," "interim," "casual workforce," "outsourcing," "freelancers," or simply "temps."
More business owners are hiring temporary workers part-time to scale whether they should hire them full-time. Many temporary staffing agencies have responded by starting to provide a choice known as temporary to full time, which let the potential employee and company assess one another.
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Do you think the study of Financial Accounting can help you in running your business? Why?
Answer:
It could save you alot of money, personally I run my own online business, and I do all the accounting myself instead of hiring someone to do it, although its very time consuming.
SELECT AN ORGANISATION OF YOUR CHIOCE.
1.1 SUMMARISE THE NATURE OF BUSINESS
1.2 SUMMARISE THE BUSINESS MODEL
1.3 WHAT ARE THE KEY BUSINESS DRIVERS
2.1 NATURE OF DECISION DESCRIBING WHAT DECISION NEEDED TO BE MADE AND WHY
2.2 SUMMARISE HOW WAS THE DECISION MADE
2.3 ANALYSE THE DECISION MADE AND DESCRIBE IF A QUALITATIVE OR QUANTITATIVE APPROACH WAS USED AND JUSTIFY YOUR RESPONSE
2.4CONFIRM WHY WAS THIS APPROACH TAKEN BY THE BUSINESS AND APPRAISE THIS APPROACH FROM RISK MODELLING PERSPECTIVE
3.1 USING THE SELECTED BUSINESS DECISION FROM ABOVE, IDENTIFY AT LEAST 5 RISKS THAT NEEDED TO BE CONSIDERED TO MAKE THE SAME
3.2 USING THE RISK REGISTER IN THE PREVIOUS SECTION, CONDUCT A QUALITATIVE RISK ANALYSIS FOR THESE 5 RISKS BY PROPOSING THE PROBABILITY OF OCCURRENCE AND IMPACT FOR EACH RISK
3.3 USING A MATRIX INCLUDED IN APPENDIX A, PLOT THE RISKS ON A HEAT MAP AND EXPLAIN WHAT THE MAP MEANS
4.1 USING THE REGISTER DERIVED IN QUESTION 3.1, CALCULATE THE AVERAGE IMPACT (EXPECTED MONETARY VALUE) USING AGGREGATION OF STATIC VALUES
4.2 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
5.1 USING THE REGISTER FROM 3.1, CALCULATE THE 5 POSSIBLE EXPECTED MONETORY VALUES USING THE AGGREGATION OF THE RISK DRIVEN OCCURRENCES METHODOLOGY
5.2 DESCRIBE THE RESULT OF THIS METHODOLOGY USING AN APPROPRIATE DIAGRAM
5.3 SUMMARISE WHAT DOES THIS AVERAGE IMPACT VALUE MEANS FOR THE ORGANISATION
An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.
Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.
Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.
This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions
5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:
The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:
The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.
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Wrote off the following account is uncollectible compound entry Newburgh 7190 Bonneville 5500 code distributors 9400 filter optics 1100?
The compound journal entry for writing off uncollectible is:
Bad Debt Expense Dr. 23190
To Newburgh 7190
To Bonneville 5500
To code distributors 9400
To filter optics 1100
A journal entry with more than two accounts is referred to as a compound entry. If there are two or more debits, credits, or both, the entry is considered compound. For the same transaction, you can aggregate the debits and credits into a single entry rather than creating separate journal entries for each.
To write off an account as uncollectible. the journal entry is used is:
DR: Bad Debt Cost (for the uncollectible sum). Accounts Receivable (for the amount that cannot be collected).
Therefore, the uncollectible compound entry is passed for the given transaction.
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give at least five
skills using shatong?
Answer:
1) Batting
2) Couting
3) Running
4) Striking
5) Catching
Explanation:
All up there. :)
how would you describe a marketing mix
Answer:
Definition: The marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market. The 4Ps make up a typical marketing mix - Price, Product, Promotion and Place.
PLEASE HELP!!!
6. Make a list of at least 3 people you would want to give copies of your business plan to, and explain why you chose each of those people. (1-5 sentences. 3.0 points)
Answer:
1. Elon Musk
He is vey good at money management. Elon can take almost any idea and make it better, meanwhile turning it into reality.
2. Gary Vee
He is a determind entrepreneur and knows what he is talking about. I would trust his judgement on my ideas and thoughts.
3. Jeff Bezos
He is a very powerful and famous buisness man. if he were to approve of my idea he would make it public, and possibly viral just by saying my companies name.
People are constantly interviewing people giving my buisness publicuty.
Why is it important to stick to a study schedule even if you are caught up with everything? a It guarantees higher grades on your exams. b It helps to create good study habits. c It is time set aside so you can take a break from watching television. d It gives you more time to play your favorite game without interruption.
Answer:
Explanation:
B - It helps to create good study habits.
Pastina Company sells various types of pasta to grocery chains as private label brands. The company's reporting year-end is December 31. The unadjusted trial balance as of December 31, 2021, appears below.
Account Title Debits Credits
Cash 34,900
Accounts receivable 42,600
Supplies 2,800
Inventory 62,600
Notes receivable 22,600
Interest receivable 0
Prepaid rent 2,300
Prepaid insurance 8,600
Office equipment 90,400
Accumulated depreciation 33,900
Accounts payable 33,600
Salaries payable 0
Notes payable 52,600
Interest payable 0
Deferred sales revenue 3,300
Common stock 78,200
Retained earnings 35,000
Dividends 6,600
Sales revenue 159,000
Interest revenue 0
Cost of goods sold 83,000
Salaries expense 20,200
Rent expense 12,300
Depreciation expense 0
Interest expense 0
Supplies expense 2,400
Insurance expense 0
Advertising expense 4,300
Totals 395,600 395,600
Information necessary to prepare the year-end adjusting entries appears below.
Depreciation on the office equipment for the year is $11,300.
Employee salaries are paid twice a month, on the 22nd for salaries earned from the 1st through the 15th, and on the 7th of the following month for salaries earned from the 16th through the end of the month. Salaries earned from December 16 through December 31, 2021, were $1,400.
On October 1, 2021, Pastina borrowed $52,600 from a local bank and signed a note. The note requires interest to be paid annually on September 30 at 12%. The principal is due in 10 years.
On March 1, 2021, the company lent a supplier $22,600 and a note was signed requiring principal and interest at 8% to be paid on February 28, 2022.
On April 1, 2021, the company paid an insurance company $8,600 for a one-year fire insurance policy. The entire $8,600 was debited to prepaid insurance.
$860 of supplies remained on hand at December 31, 2021.
A customer paid Pastina $3,300 in December for 1,400 pounds of spaghetti to be delivered in January 2022. Pastina credited deferred sales revenue.
On December 1, 2021, $2,300 rent was paid to the owner of the building. The payment represented rent for December 2021 and January 2022 at $1,150 per month. The entire amount was debited to prepaid rent.
Required:
Prepare an adjusted trial balance.
Answer:
Account Title Debits Credits
Cash 34,900
Accounts receivable 42,600
Supplies 860
Inventory 62,600
Notes receivable 22,600
Interest receivable 1,507
Prepaid rent 1,150
Prepaid insurance 2,150
Office equipment 90,400
Accumulated depreciation 45,200
Accounts payable 33,600
Salaries payable 1,400
Notes payable 52,600
Interest payable 1,578
Deferred sales revenue 3,300
Common stock 78,200
Retained earnings 35,000
Dividends 6,600
Sales revenue 159,000
Interest revenue 1,507
Cost of goods sold 83,000
Salaries expense 21,600
Rent expense 13,450
Depreciation expense 11,300
Interest expense 1,578
Supplies expense 4,340
Insurance expense 6,450
Advertising expense 4,300
Totals 411,385 411,385
Insurance expense
= 8,600 * 9/12 months = $6,450
Prepaid Insurance = 8.600 - 6,450 = $2,150
Supplies expense = 2,400 + (2,800 - 860) = $4,340
Interest expense and Interest payable = 12% * 3/12 * 52,600 = $1,578
Rent = 12,300 + 1,150 = $13,450
Interest revenue = 22,600 + 8% * 10/12 months = $ 1,507
Accumulated depreciation = 33,900 + 11,300 = $45,200
Wilson, Inc., has a current stock price of $43.00. For the past year, the company had net income of $7,100,000, total equity of $21,750,000, sales of $40,700,000, and 5.8 million shares of stock outstanding. a. What are earnings per share (EPS)? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the price-earnings ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. What is the price-sales ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) d. What is the book value per share? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) e. What is the market-to-book ratio? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answer:
a. What are earnings per share (EPS)?
earnings per share = (net income - preferred dividends) / average outstanding common stocks = $7,100,000 / 5,800,000 = $1.22
b. What is the price-earnings ratio?
price earnings ratio = stock price / EPS = $43 / $1.224138 = 35.13
c. What is the price-sales ratio?
price sales ratio = market capitalization / total revenue = ($43 x 5,800,000) / $40,700,000 = $249,400,000 / $40,700,000 = 6.13
d. What is the book value per share?
book value per share = total equity / outstanding shares = $21,750,000 / 5,800,000 = $3.75
e. What is the market-to-book ratio?
market to book ratio = market value per stock / book value per stock = $43 / $3.75 = 11.47
the wildlife department has been feeding special food to rainbow trout finger lings in a pond. A sample of weight of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams .
what is estimated mean wight of population? what is 99% confidence interval?,what degree of confidence is being used? interparet the result
We estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. The degree of confidence used is 99%.
To estimate the mean weight of the population of rainbow trout fingerlings, we can use the sample mean as an estimate. In this case, the sample mean weight is 402.7 grams.
Since the sample is a good representation of the population, we can consider this as our estimate for the population mean weight.
To determine the 99% confidence interval, we need to calculate the margin of error. The margin of error is given by multiplying the critical value (z*) with the standard deviation of the sample mean.
For a 99% confidence level, the critical value is 2.576 (obtained from a standard normal distribution table).
The margin of error is then calculated as 2.576 * (8.8 / sqrt(40)), which equals 3.932 grams. Therefore, the 99% confidence interval for the mean weight of the population is 402.7 ± 3.932, or approximately (398.77, 406.63) grams.
The degree of confidence used is 99%, meaning that if we repeated the sampling process multiple times, approximately 99% of the resulting confidence intervals would contain the true population mean weight.
In conclusion, we estimate the mean weight of the population to be 402.7 grams, with a 99% confidence interval of (398.77, 406.63) grams. This means we are 99% confident that the true population mean weight falls within this range.
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You will prepare a SWOT analysis using James Avery . As a reminder, your company's strengths and weaknesses are internal, issues you have control over and can modify. Opportunities and threats are external; matters going on outside your company, in the larger global market
James Avery's strengths lie in its strong brand image, product differentiation, and customer loyalty, but it faces weaknesses in limited international presence and production constraints, while opportunities lie in market expansion and customization, and threats include intense competition and changing consumer preferences.
SWOT Analysis of James Avery:
Strengths:
Strong Brand Image: James Avery has a well-established and recognized brand known for its high-quality craftsmanship and unique designs.
Product Differentiation: The company offers a wide range of handcrafted jewelry pieces, allowing it to stand out in the market and cater to diverse customer preferences.
Customer Loyalty: James Avery has a loyal customer base due to its reputation for superior customer service, personalized shopping experiences, and long-lasting jewelry.
Vertical Integration: The company controls its entire production process, from design to manufacturing, ensuring quality control and efficient operations.
Retail Presence: With over 90 retail stores and a strong online presence, James Avery has a widespread reach, providing convenient access to its products.
Weaknesses:
Limited International Presence: The company primarily operates within the United States, limiting its exposure to global markets and potential customers.
Relatively High Price Point: James Avery's handcrafted jewelry often comes with a higher price tag compared to mass-produced alternatives, potentially limiting its market share among price-sensitive customers.
Dependency on Traditional Designs: While the company's traditional designs have been popular, there is a need to continually innovate and adapt to changing fashion trends to appeal to a wider audience.
Production Constraints: Handcrafted jewelry production can have limitations in terms of scalability and speed, which may affect the company's ability to meet increasing demand.
Opportunities:
Market Expansion: James Avery can explore international markets and expand its retail footprint to reach a larger customer base.
Online Sales Growth: The company can capitalize on the growing e-commerce trend by enhancing its online platform and digital marketing strategies.
Customization and Personalization: Offering customizable jewelry options can attract customers seeking unique and personalized pieces.
Collaboration and Partnerships: Collaborating with fashion designers or influencers can help James Avery reach new audiences and create exclusive collections.
Threats:
Intense Competition: The jewelry industry is highly competitive, with both traditional and online retailers vying for market share.
Economic Factors: Economic fluctuations, recessions, or changes in consumer spending patterns can impact discretionary purchases like jewelry.
Counterfeit Products: The presence of counterfeit jewelry in the market poses a threat to James Avery's brand reputation and sales.
Changing Consumer Preferences: Shifting fashion trends or evolving consumer preferences may require the company to adapt its designs and offerings to stay relevant.
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When did the court cases reach the Supreme Court?
Answer:
August 3, 1791
Explanation:
Explain the various methods of analysis you will employ citing the challenges you are likely to face during data analysis
During information analysis, there are numerous methods that may be hired relying on the character of the records and the studies objectives. Here are a few not unusual strategies of analysis and the capability demanding situations which can arise:
Descriptive Statistics: This involves summarizing and describing the primary characteristics of the information using measures including suggest, median, mode, popular deviation, and many others. Challenges on this approach may also include managing lacking statistics, outliers, or skewed distributions, that can affect the accuracy of the precis records.
Inferential Statistics: This method includes making inferences and drawing conclusions approximately a population based totally on a pattern of statistics. Challenges might also include ensuring the pattern is representative of the populace, managing sampling bias, and knowledge the assumptions underlying the statistical assessments used.
Regression Analysis: Regression is used to observe the connection between dependent and independent variables. Challenges in regression analysis can consist of dealing with multicollinearity (high correlation among impartial variables), heteroscedasticity (unequal variance of residuals), and making sure the model fits the facts properly.
Overall, demanding situations at some point of data evaluation can range relying on the unique dataset, studies context, and selected techniques. Addressing those demanding situations requires cautious consideration of information nice, suitable statistical techniques, and maintaining ethical requirements to ensure accurate and significant insights from the analysis.
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For my macroeconomics class, what’s the difference between CONSUMER SPENDING and CONSUMER BUYING?
what is the effect to profit margin if only AP price was used to determining selling price?
Your pricing strategy has an impact on your profit margin per unit sold; assuming you don't lose sales, higher prices will result in a bigger profit per item. On the other hand, higher pricing that results in lower sales volumes might reduce or even eliminate your profits because your overhead expenses per unit rise as you sell fewer units.
What affects profit margin?Your net profits, sales revenues, and product expenses are the three most evident, perceptibly recognizable, and significant variables that influence your profit margin. To get a broad idea of these key factors, look at net revenues and the cost of products sold on your income statement.
When the profit margin declines, the company earns less money for every dollar of sales. Lower sales prices, increased costs, or a combination of the two may be to blame for this. Total gross profits will decrease in the income statement if total sales do not rise to offset such a fall.
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Can someone please tell me which ones are hard or soft skills?
Creativity
Computer Programing
Graphic Design
Civil Engineering
Leadership
Communication
Flexibility
Video editing
Server Maintenance
Time Management
Answer: tell me
Explanation: when you find out let me
if aggregate demand is growing faster than long run aggregate supply, the federal reserve is most likely to
Answer:
.sell securities on the open market
Explanation:
Aggregate demand is simply a schedule or a curve. It said to shows the total quantity of goods and services demanded (purchased) at various price level.
Aggregate demand-aggregate supply (AD-AS) model is macroeconomic model that uses aggregate demand and aggregate supply to determine and explain the price level and the real domestic output.
If consumers start saving more rather than spending, what is most likely to happen? A Decrease in Savings, B Increase in the real interest rate, C Decrease in the Supply of loanable funds, D Decrease in the real interest rate
If the Federal Reserve institutes Contractionary Policy, which of the following is most likely to increase? A Interest rates ,B Gross Domestic Product ,C Government spending , D Tax rates
If consumers start saving more rather than spending, the most likely outcome would be a decrease in the real interest rate (option D).
If the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A).
What happens If consumers start saving more rather than spendingThis happens because an increase in savings means that there is more supply of loanable funds in the market, which can lead to a decrease in the cost of borrowing and, consequently, a decrease in the real interest rate.
What happens if Federal Reserve institutes Contractionary PolicyIf the Federal Reserve institutes Contractionary Policy, the most likely outcome would be an increase in interest rates (option A). Contractionary policy is designed to reduce the money supply and slow down economic growth to combat inflation.
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Which of the following is the best guest greeting for a woman carrying a briefcase, speaking rapidly into her phone about an agenda for a big corporate meeting the next day?
(whispering) "Welcome! Here are your room keys, 8th floor, and instructions on how to access our digital business features.”
"Welcome! Here are your room keys, 4th floor, and here are some tokens you can use for our game room on the 2nd floor.
"Welcome! Here are your room keys, 5th floor, and here is a voucher for some complimentary champagne and cake at our restaurant."
"Welcome! Here are your room keys, 10th floor. I'll send up some bagels, tea, and coffee to your room right away.”
Answer:
I think A is the best answer for you.
Explanation:
A is the only one giving her instructions on access for digital business cause she has a meeting the next day
Answer:
"Welcome! Here are your room keys, 5th floor, and here is a voucher for some complimentary champagne and cake at our restaurant." Explanation:
The woman , by her description is obviously older and sophisticated, and she has a lot on her hands. Offering this may help her wind down and be calm before her big corporate meeting the next day
A company is planning to expand its production from its current price (1050 PKR/unit) and getting a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and variable cost of 1050/- PKR. If currently the company is producing 36 units, how many further units can the company make while staying in profit if the appreciation in variable cost (2.13) and depression in price (2.13) per unit from the previous unit
The company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
The company is planning to expand its production and get a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and a variable cost of 1050/- PKR.
Currently, the company is producing 36 units, and the current price per unit is 1050 PKR/unit.
The total revenue for the current production will be 36 units × 1050 PKR/unit = 37800 PKR.
Since the total revenue is equal to the sum of fixed cost and variable cost, it implies that;
Total Revenue = Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units = Fixed Cost × Number of Units + Variable Cost × Number of Units
Rearranging gives;
Variable Cost × Number of Units = Total Revenue × Number of Units
Fixed Cost × Number of Units
Substituting with values from the problem statement, we have;
Variable Cost × Number of Units = 37800 × Number of Units - 1000 × Number of Units
Variable Cost × Number of Units = (37800 - 1000) × Number of Units Variable Cost × Number of Units = 36800 × Number of Units
But the variable cost is given as 1050 PKR/unit.
Therefore, we can write;
1050 × Number of Units = 36800 × Number of Units
1050 = 36800
Since the price of production has depreciated by 2.13, the current price per unit is equal to;
1050/2.13 = 493 PKR/unit
For the company to make a profit, the total revenue must be greater than the total cost.
Therefore; Total Revenue > Fixed Cost + Variable Cost
Multiplying both sides by the number of units gives;
Total Revenue × Number of Units > Fixed Cost × Number of Units + Variable Cost × Number of Units
Substituting with values from the problem statement, we have;
37800 × Number of Units > 1000 × Number of Units + 1050 × Number of Units37800 > 2050 × Number
Units Solving for the number of units;
Number of Units < 37800/2050Number of Units < 18.44 units
Therefore, the company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.
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Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.
Semi-fixed Cost will be
A. zero if output were zero and would change
erratically as output increased
B. more than zero if no products were made and
would then increase in direct proportion to output
C. zero when output is zero and would increase
in direct proportion to output
D. a fixed amount when output was zero and would
not increase in direct proportion to output
Answer:
B. more than zero if no products were made and would then increase in direct proportion to output
Explanation:
Semi-fixed Cost will be "more than zero if no products were made and would then increase in direct proportion to output."
This is because a semi-fixed cost also known as semi-variable cost or mixed cost is a combination of both a fixed factor and a variable factor.
Such that if production was zero some costs would still be incurred. However, as output rises, the variable part of the costs will rise in direct proportion to output.
Disney positions its brand as “a magical world where your dreams come true.” In its brand positioning, what goal does Disney achieve?
Answer:
By mentioning to be "a magical world where your dreams come true", Disney seeks to position its brand by appealing to the illusion of its youngest consumers, who believe and enjoy that magical world as they consider it to be real. In turn, it also targets a more adult audience, the parents of those children and even young adults who remember their childhood, and seek through Disney to return to that magical world far from the problems of daily life. Thus, through empathy and the generation of nostalgia, Disney captures a market that is receptive to its products due to the sentimentality they imply.
a store at the mall having a minimum age requirment for workers is an example of which catagory of employee rights
Answer:
wages and hours
Explanation:
A store at the mall having a minimum age requirement for workers is a wages and hours is the example of category of employee rights.
What is employee rights?Because of your race, color, religion, sexual orientation, gender identity, national origin, handicap, age, or genetic information, you won't encounter bullying or unfair treatment. For equivalent work, equal compensation is given.
Three rights for employees are established and made explicit by the Act: the "right to know" information about the risks related to their employment, the right to report workplace hazards to OSHA, and the right to be shielded from retribution for exercising OSHA-protected rights.
Elimination of all forms of forced or compulsory labor, effective outlawment of child labor, the elimination of employment and occupation-based discrimination, the right to associational freedom, and.
Thus, it is wages and hours.
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1. I Co. recently began production of a new product, an electric clock, which required the investment of
$3,200,000 in assets. The costs of producing and selling 160,000 units of the clocks are estimated as
follows:
Variable costs:
Per unit
Direct labor
$
10
Direct materials
6
Factory overhead
$
4
Administrative and selling
$
5
EA
Fixed costs:
Manufacturing
Administrative and selling
$ 1,600,000
800,000
I Co. is considering establishing a price to sell it's electrical clock to the market. The CEO has
decided to use a cost plus approach to product pricing and that the clock must eam 10 percent on
it's invested assets.
Instructions: NOTE: SHOW ALL WORK
1. Determine the amount of desired profit from the production and sale of the
electric clock.
2. Assuming that the product cost concept is used, determine (a) total variable
cost per unit, the total fixed cost per unit, and the selling price per unit.
Answer:
I Co.
1. Desired profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
2a. Total Variable cost per unit
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost ($20)
Administrative and selling $ 5
Total Variable cost per unit $25
b. Total fixed cost per unit
Total fixed cost per unit = $2,400,000/160,000 = $15
c. The selling price per unit
Sales / quantity = $7,520,000/160,000 = $47
Explanation:
Data:
Variable costs Per unit :
Direct labor $ 10
Direct materials 6
Factory overhead $ 4
Variable Product Cost $20
Administrative and selling $ 5
Total Variable cost per unit $25
EA
Fixed costs:
Manufacturing $ 1,600,000
Administrative and selling 800,000
Total fixed costs $2,400,000
b) Cost-plus approach to product pricing: This approach requires the addition of the direct materials, direct labor, and overhead costs
c) Required profit = 10% of invested assets
= $3,200,000 x 10%
= $320,000
d) Product cost:
Variable cost = $20 x 160,000 = $3,200,000
Fixed manufacturing costs $1,600,000
Total production cost $4,800,000
Product cost per unit $4,800,000/160,000 = $30
e) Income Statement to determine Sales Revenue
Sales $7,520,000
Cost of goods sold
($30 x 160,000) 4,800,000
Gross profit $2,720,000
Fixed Costs:
Manufacturing $ 1,600,000
Administrative & selling 800,000
Profit $320,000
Case Study: Personal Financial Planning (continued) Project: Presentation
Answer:Personal financial planning involves managing one's finances effectively to achieve their financial goals and objectives. The process involves developing a comprehensive financial plan that takes into account one's income, expenses, debts, savings, and investments, as well as one's short-term and long-term financial goals.
To create an effective personal financial plan, there are several key steps you should take:
Set your financial goals: Determine your financial objectives and set specific, measurable, achievable, relevant, and time-bound (SMART) goals to achieve them.
Analyze your current financial situation: Take a detailed look at your income, expenses, debts, savings, and investments to determine your current financial position.
Create a budget: Develop a budget that helps you manage your money effectively and achieve your financial goals.
Develop a debt repayment plan: If you have outstanding debts, develop a plan to pay them off in a timely manner.
Establish an emergency fund: Set aside some money in an emergency fund to cover unexpected expenses or financial emergencies.
Review your insurance coverage: Make sure you have adequate insurance coverage to protect yourself and your family in case of unexpected events.
Plan for retirement: Start saving early for retirement and develop a plan to achieve your retirement goals.
Invest wisely: Develop an investment plan that is consistent with your financial goals and risk tolerance.
Monitor and adjust your plan: Regularly review your financial plan and make adjustments as needed to ensure that you stay on track to achieve your goals.
Explanation:
What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $14.00 per unit. The unit cost for the business to make the part is $20.00, including fixed costs, and $12.00, not including fixed costs. If 38,493 units of the part are normally purchased during the year but could be manufactured using unused capacity, the amount of differential cost increase or decrease from making the part rather than purchasing it would be a
Answer:
The correct answer to the following question will be "$76,986".
Explanation:
Although the organization is reportedly going to pay $14.00 per unit, even before manufactured throughout the corporation, cost and save per unit will become the variation among current value as well as production costs without set rate. The cost of operating expenses will not be included to measure the gain because the idle resources of the company would be included and would not raise the fixed costs.
Therefore the cost differential would be as follows:
⇒ \(Differential \ cost = (Current \ purchasing \ price-Manufacturing \ cost \ excluding \ fixed \ cost)\times 38,493\)On putting the values in the above formula, we get
⇒ \(=(14-12)\times 38,493\)
⇒ \(=2\times 38,493\)
⇒ \(=76,986\)
Susan Pinsky's checking account had a balance of $137.66. She wrote a check for $23.62 on September 3. On September 7, the bank made an automatic transfer (AT) of $25.41 to pay her phone bill. She made a deposit of $146.24 on September 12. What is the new balance Pinsky's account?
Answer:
$234.87
Explanation:
Pinky's new balance will be the opening balance plus additional. Deposits minus withdrawals. The new balance will be the starting balance plus cash-in minus the cash-out.
Starting balance =$137.66
Cash-in: $146.24
Cash-out : check $23.62 + (AT) of $25.41 =$49.03
New balance = $137.66 + $146.24 - $49.03
=$283.9- 49.03
=$234.8
Which of the following is NOT a benefit of investing in a mutual fund?
O diversification
O skilled investors
O affordability
O lower potential gains
Lower potential gains is not a benefit of investing in a mutual fund
What are mutual funds?
A mutual fund is a type of financial instrument that combines investor capital with a single investing goal. Depending on the goals of the scheme, it subsequently invests the funds in different asset classes including equities and bonds. In general, mutual funds are considered to be a secure investment and an excellent way enabling investors to invest with little risk. A mutual fund may not always be the best option for a market participant, particularly when it comes to costs.
Reasons for high costs
The Charges.market ambiguityThe Managers of Funds.The type of fund.Size of the Fund.Taxation Associated With Your Mutual FundFor a variety of reasons, such as large inflows or to retain exclusivity, mutual funds and hedge funds may decide to close to new participants. When a fund is winding down, funds may also close to new investors because of subpar performance.
To know more about mutual funds refer
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