The key to successful businesses is to price its services and products in a way that will recoup____________ its total cost and a margin of profit. its total cost of goods and selling cost. its total fixed cost and overhead cost. its total variable cost and cost of goods.
Answers
The key to successful businesses is to price its services and products in a way that will recoup its total cost of goods and selling cost.
What is the total variable cost?
The output quantity multiplied by the variable cost per unit of output yields the total variable cost: Total Variable Cost is calculated as the total output multiplied by the variable cost per unit of output. Across profits, the variable cost per unit will change.
Total variable cost is calculated as follows: Total variable costs are calculated as follows: (Total output quantity) x (Variable cost per output unit). Variable costs include things like commissions, utilities, and material costs.
You must add up all the variable costs for a given period and divide by the total number of units produced during that period to determine the average variable cost (total variable cost per unit produced).
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Related Questions
I'm not sure which one to pick
Answers
Answer:
The Second One
Explanation:
Answer:
I think its an assumption Sorry if I'm wrong
Explanation:
Rolston Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,100, and the company expects to sell 1,460 per year. The company currently sells 1,960 units of its existing model per year. If the new model is introduced, sales of the existing model will fall to 1,780 units per year. The old board retails for $22,000. Variable costs are 56 percent of sales, depreciation on the equipment to produce the new board will be $1,410,000 per year, and fixed costs are $1,310,000 per year.
Answers
Answer:
$8,792,544
Explanation:
Computation for the Annual OCF of the project
First step is to compute the net income
NET INCOME
Sales of new$38,106,000
($26,100×1,460 per year)
Lost sales of old -$3,960,000
[($22,000×1,780)-($22,000×1,960)]
=39,160,000-43,120,000
=-3,960,000
Variable costs $19,121,760
[($38,106,000-3,960,000)×56%]
(34,146,000×56%)
=$19,121,760
Fixed costs $1,310,000
Depreciation 1,410,000
EBIT$12,304,240
($38,106,000-3,960,000-$19,121,760-$1,310,000-1,410,000)
Tax $4,921,696
(40%×$12,304,240)
Net income $7,382,544
($12,304,240-$4,921,696)
Second step is to calculate for the company OCF using this formula
OCF = EBIT + Depreciation – Taxes
Let plug in the formula
OCF=EBIT$12,304,240+Depreciation 1,410,000-Tax $4,921,696
OCF= $8,792,544
Therefore the Annual OCF of the project is $8,792,544
one thing that distinguishes normative economic principles from positive economic principles is that:
Answers
One thing that distinguishes normative principles from positive principles is that normative principles tell us how people should make economic decisions, and positive principles tell us how people actually do make decisions.
Positive economics describes and explains various economic phenomena. Normative economics focuses on the cost of financial fairness, or what the economy "ought to be" or "need to be." At the same time as tremendous economics is primarily based on truth and can not be approved or disapproved, normative economics is based totally on price judgments.
2 superb & normative economic statements. Nice statements are statements about economics which may be demonstrated true or fake by way of proof. Normative statements are statements which can't with the aid of supported or refuted as they are cost judgements, i.e. reviews, approximately how economies and markets must work.
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The overarching framework within which the records and information management (RIM) program resides; IG is broader than RIM and provides structure for which all business transactions and reference information within an organization are managed: ________
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The overarching framework within which the records and information management (RIM) program resides; IG is broader than RIM and provides structure for which all business transactions and reference information within an organization are managed: "Information Governance."
Information Governance (IG) encompasses the policies, processes, and controls that ensure effective and secure management of all types of information within an organization. It goes beyond just records and information management and covers all aspects of information lifecycle, including creation, retention, access, use, and disposition.
IG provides a strategic and holistic approach to managing information assets, ensuring compliance with legal and regulatory requirements, mitigating risks, and optimizing the value and utility of information for the organization. It involves coordination among various stakeholders, including legal, IT, compliance, and business units, to establish a framework that governs the entire information ecosystem of the organization.
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I want to hear about actionable steps you can take to apply what you have learned in Financial literacy. Approximately 250 words.
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Based on financial knowledge, the actionable steps you can take to apply what you have learned in Financial literacy include Preparing a Budget.
What is Financial Literacy?Financial Literacy is a term that is used to describe the capacity to understand and effectively use various financial and monetary skills judiciously, such as personal financial management, budgeting, and investing.
Generally, there are various actionable plans individuals can utilize in their daily lives to improve their financial and economic situations.
The actionable plans from Financial Literacy include:Preparing a BudgetCreating a scale of preference Understand Your Credit ScoreOpen a Savings accountUnderstand LoansSecure Your FutureReduce SpendingCarry out investmentBuy stocks and shares.Buy appreciable assets, etc.Financial literacy is good knowledge to have to better your life and improve the living standard of your family and children.
Hence, in this case, it is concluded that Financial Literacy is nice proficiency to have.
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anyone like jschlatt here
Answers
Answer: yes.
Explanation:
cause he's amazing, he's jschlatt, and he's awesome
thank you for coming to my TedTalk :)
The supervisor of a hotel housekeeping staff instructed a new housekeeper in the 45 ways a room must be cleaned if its guest has checked out but she forgot to mention that a less thorough method was to be used if the guest was staying additional nights. The next month the supervisor wonders why the new housekeeper is using many more packets of toiletries than the other housekeepers are. Also, it is taking the housekeeper the same amount of time to clean a recently vacated room as it does to clean a room that will be housing the same people for another night. The best explanation for the misunderstanding about the service to be provided by the housekeeper is _________, a risk incurred when services are described in words alone.
Answers
The best explanation for the misunderstanding about the service to be provided by the housekeeper is a lack of visual communication.
The supervisor's failure to visually demonstrate the distinction between cleaning a vacated room and cleaning a room with guests staying longer led to the housekeeper's misunderstanding. Verbal instructions alone were insufficient to convey the different levels of thoroughness required for each scenario.
Without visual cues or a clear demonstration, the housekeeper mistakenly applied the same detailed cleaning process to both types of rooms, resulting in excessive use of toiletries and inefficient time management. Visual communication, such as demonstrating the alternate cleaning method, would have provided a clearer understanding and avoided the misunderstanding.
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hich of the following conditions is characteristic of a monopolistically competitive firm in both the short run and the long run
Answers
The conditions are numerous businesses, distinctive products, and open admission.
What is monopolistic competition?
An industry with a lot of companies offering similar (but not identical) replacement goods or services is known as one with monopolistic competition. In a monopolistic competitive industry, there are few barriers to entry and exit, and no firm's decisions directly affect those of its rivals.
Consumers are likely to be familiar with a variety of industries that exhibit monopolistic competition in their daily lives. Restaurants, hair salons, apparel, and consumer gadgets are a few examples. We'll take the case of home cleaning supplies to demonstrate the features of monopolistic competition.
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In order to receive positive cash returned on investment, the rate of return on an investment during periods of inflation should
Answers
Answer:
should exceed the rising price level.
Explanation:
Inflation occurs when there is a general increase in prices of goods and services in an economy. The price of a basket of goods increases so the purchasing power of money is reduced.
For example when a gallon of petrol sells for $50 under inflation it can rise to $100. More money will be needed to buy the same amount of goods.
In this situation the rate of return of an investment will need to be above the rising price level to maintain a positive cash flow.
This is because value of money has reduced so returns needs to be higher to make positive cash flow.
Communication among employees at social gatherings tends to whether the gatherings are sponsored by the employer or not. create a grapevine where one did not exist Because of your education in management, you know that infor generate negative Interpersonal relations h of the following statements is true about organizations? encourage vertical but not horizontal communication The information shared through the grapevine is rarel promote a strong organizational culture Managers who manage by walking around do so to determine who is responsible for gossip in the organization. Organizations with strong leadership communicate only through formal networks. Grapevines occur in all organizations. Grade It Now Save & Continue Continue without saving Attempts Keep the Highest/4 4. Informal Communication Communication among employees at social gatherings tends to gatherings are sponsored by the employer or not. whether the Because of your education in management, you know that informal communication is important for organizations. Which of the following statements is true about organizations? The information shared through the grapevine is rarely accurate. Managers who manage by walking around do so to determine who is responsible for gossip in the organization Organizations with strong leadership communicate only through formal networks. Grapevines occur in all organizations Grade It Now Save & Continue Continue without saving
Answers
Whether or whether the events are sponsored by the company, communication amongst employees during social gatherings tends to generate a grapevine where none previously existed.
What is grapevine communication in an organization?Businesses and management professionals frequently strive to use official communication channels for significant news instead than grapevine communication since it is an informal style of communication. This form of communication commonly occurs in the workplace since it evolved from informal social engagement.The term "grapevine" refers to rumours. Everything that was heard on the grapevine was passed along orally. A grapevine telegraph was a device used for communication during the Civil War. From that point on, people began referring to "the grapevine" as a source of information, particularly rumours.There are four different forms of grapevine communication: single strand chain, gossip chain, probability chain, and cluster chain.Learn more about grapevine communication refer to :
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Through an illustrative diagram, show all steps common to conducting audits as stipulated by ISO 19011:2018.
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ISO 19011:2018 provides guidelines for conducting audits. The steps involved in conducting audits, as stipulated by ISO 19011:2018, can be illustrated in the following diagram:
1. Planning: - Define the audit objectives, scope, and criteria. - Identify the auditee and the audit team. - Establish the audit plan and schedule. 2. Initiation: - Notify the auditee about the audit. - Confirm the audit scope and objectives. - Conduct an initial meeting with the auditee. 3. Preparation: - Review relevant documents and information. - Develop an audit checklist or questionnaire. - Plan the audit activities, including interviews and site visits. 4. Execution: - Conduct opening meetings with the auditee and relevant stakeholders. - Collect and review evidence during interviews, observations, and document reviews. - Verify the conformity of the auditee's processes with the defined criteria. - Document audit findings, including non-conformities and observations. 5. Reporting: - Prepare an audit report, including the objectives, scope, findings, and conclusions. - Share the audit report with the auditee and relevant stakeholders. - Seek clarifications, if necessary, from the auditee. - Obtain the auditee's response to the audit findings. 6. Follow-up: - Monitor the implementation of corrective actions by the auditee. - Verify the effectiveness of the corrective actions. - Close the audit and communicate the final findings to the auditee. This diagram illustrates the common steps involved in conducting audits as stipulated by ISO 19011:2018.
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The plaintiff was driving inattentively when she had to swerve to avoid two other negligently driven vehicles at a busy intersection, and her car struck a light pole. The plaintiff, who was the only driver injured, sued one of the other drivers to recover damages in a jurisdiction that has adopted pure comparative negligence. The jury determined that she suffered injuries of $100,000 and was 50% at fault. If the plaintiff is awarded a recovery of only $25,000 from the defendant, what will be the most likely reason
Answers
Answer: The jurisdiction has abolished joint and several liability.
Explanation:
Following the information given in the question, if the plaintiff is awarded a recovery of only $25,000 from the defendant, then the most likely reason will be that the jurisdiction has abolished joint and several liability.
It should be noted that under joint and several liability, the plantiff would have been awarded $50000 as each tortfeasor will be liable to the price of the damage that was incurred, hence the plantiff will get $50000 but in this case $25000 is given because the joint and several liability has been abolished by the jurisdiction.
Semiconductor industries are emerging vastly parallel to the need of high-performance electronic devices. Hence, the usage of Printed Circuit Board (PCB) to accommodate IC's, electric and electronic components is massive. While the usage is beneficial to the production of the electronic devices, the wastes' generated during the production increases as well. These wastes are usually sent to landfill, and copper and lead can be hazardous to human and environment. Recommend TWO methods to reduce the waste by referring to waste management hierarchy. You may write your findings as in the form of a simple report with reference to the research you've made Use APA format for your citations.
Answers
The demand for high-performance electronic devices is increasing, leading to a significant increase in the semiconductor industry. As a result, Printed Circuit Boards (PCBs) are used extensively to accommodate ICs and electric and electronic components.
While the use of PCBs is beneficial to the production of electronic devices, it also generates a large amount of waste. These wastes typically end up in landfills, where copper and lead pose a risk to humans and the environment. Two methods for reducing waste can be recommended by following the waste management hierarchy.
The waste management hierarchy has a total of five levels that provide a framework for managing waste, and the most favorable option is always at the top of the list. As a result, the two methods for reducing waste are discussed below.
1. Prevention Prevention is the most effective method for reducing waste generation. At the production stage, waste can be reduced by using a design-for-environment approach that involves assessing the environmental impacts of the design, evaluating the alternatives, and choosing the best design. PCBs can also be designed to be easily disassembled and reused in other applications.
2. Recovery If prevention is not possible, the next best option is to recover materials from the waste before it is disposed of. Waste reduction can be achieved by implementing recycling programs, which can reduce the amount of waste generated. By recycling copper and other materials used in the production of PCBs, the amount of waste that ends up in landfills can be reduced. The adoption of environmentally friendly waste management practices such as these can reduce the amount of waste generated during PCB production.
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both dividends paid and dividends declared during the year are reported in the statement of cash flows. State True or False your answer:
a. True
b. False
Answers
Answer:
B. False is the correct answer.
Explanation:
in the generation of gdp, pollution often occurs. this means that: group of answer choices nominal gdp is greater than real gdp real gdp is greater than nominal gdp gdp is not always a perfect indicator of economic or social welfare gdp is underestimated
Answers
Nominal GDP is greater than real GDP when pollution occurs in the production process, indicating that GDP may overestimate economic welfare while underestimating the social costs of pollution.
The statement "in the generation of GDP, pollution often occurs" implies that the production of goods and services that contribute to GDP can also generate pollution. Therefore, it is likely that GDP does not fully account for the negative externalities associated with pollution, which can have adverse effects on the environment and human health.
As a result, GDP may overestimate economic welfare while underestimating the social costs of pollution, leading to a situation where nominal GDP is greater than real GDP. Therefore, the correct answer is: nominal GDP is greater than real GDP. However, it is important to note that GDP is not always a perfect indicator of economic or social welfare, and there are other measures such as the Human Development Index that take into account broader aspects of welfare beyond just economic output.
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One way of dealing with the tradeoff between range and precision is to abandon the concept of a fixed ____________________ point.
Answers
Answer:
"Radix" is the correct answer.
Explanation:
An official information type representation over a certain integer with a specific percentage of numbers just after the point (radix), is defined as a fixed point.A symbolic sign for the separation of such an integers component from its population proportion throughout mathematical recognition is termed as a Radix point.Thus the above is the correct answer.
define sale trading
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Answer:
A trade sale is the sale of a company, or part of a company, to another business that will carry on the company's trade
Which of the following best describes managerial ethics?
Answers
Answer: It is the standard of conduct that guides a person's decisions and behavior.
Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called:______.
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Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called: licensing.
A license is an official permission or license to do, use, or own something. A license is granted by one party to another by agreement between those parties. In the case of government-issued permits, permits are granted by the application.
A business agreement in which one company authorizes another to manufacture its products for a specified payment. There are several faster or more cost-effective ways to grow your business other than licensing your patents, trademarks, copyrights, designs, and other intellectual property to third parties.
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Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.
Answers
If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.
The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.
Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.
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Probably the full options are:
The airline carrier is liable.The buyer is liable.What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answers
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
true or false? you should revisit your kpis every 18 months.
Answers
Answer:
false
have a nice day!!!
One of the proponents of this notorious and crazy hustle culture is Elon Musk, in which this quote
below captures the contemporary definition of the hustle culture.
By at least ONE Organizational Behavior concepts and theories that you have
learned, illustrate the impact of hustle culture to workers’ productivity. (10 mark)
Answers
Hustle culture can negatively impact workers' productivity by increasing job demands without providing sufficient resources for well-being and work-life balance. This can lead to decreased job satisfaction, burnout, and reduced performance.
Hustle culture, characterized by the glorification of excessive work and long hours, can have detrimental effects on workers' productivity. When employees are constantly pushed to prioritize work above all else and are expected to constantly hustle, it can lead to increased stress and burnout. The high job demands without adequate resources to support well-being can result in decreased job satisfaction and motivation. Workers may struggle to maintain a healthy work-life balance, which can further contribute to decreased productivity. Ultimately, the relentless pursuit of hustle can lead to negative outcomes for both employees and organizations, hindering productivity and overall performance. It is important for organizations to promote a balanced and supportive work environment that values employee well-being to foster sustainable productivity.
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Why would a bank want to know your credit history for a loan?
Answers
Answer:
To confirm whether you have a good or bad credit risk.
Explanation:
Banks checks credit history to determine whether a loan be granted for a number of reasons, one of which is to confirm good or bad credit risk.
A credit history shows the record of credit usage , including the amount borrowed, how often repayment is made and what type of credit was requested.
Banks uses credit report from any of the three approved credit reporting agencies to check history of the credit hence determines the basis for approval or rejection of new loan being sought for.
Which of the following statements is true?
Most countries have laws and court procedures protecting intellectual property such as those in the United States.
Civil laws tend to be relatively nonspecific.
Laws of a country regulate the manner in which business transactions are executed.
Global entrepreneurs cannot specify in the contract that any contract disputes will be heard in the courts of another country.
Answers
The statements that are true include "Laws of a country regulate the manner in which business transactions are executed."
Also, the other statements among the options that are considered true are "Most countries have laws and court procedures protecting intellectual property such as those in the United States."
Research has shown that many countries have rules and regulations guiding their business transactions, including intellectual property rights, such as Trademarks, Patents, and Copyrights.
Hence, in this case, it is concluded that the correct answer is options A and C.
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When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions, the organization is viewing them as ______.
Answers
Answer:
Humam capital.
Explanation:
.......
volunteering at a local food bank or serving meals at a homeless shelter can help to cultivate compassion for others. this is one way to develop
Answers
Volunteering at a local food bank or serving meals at a homeless shelter can help to cultivate compassion for others, this is one way to develop altruism.
The phrase "cultivate compassion" means what exactly?We could reduce our worries and concerns and improve our ability to deal with life's obstacles by cultivating compassion for others. "Our personal experience of very well increases more the we care well about delight of the others," the Dalai Lama famously said.
The Metta meditative method aids in the growth of kindness, love, and understanding by carefully analyzing oneself and others. Humans become far more significant to others once we learn to value and care for ourselves. You can practice Metta meditation in its whole or in segments.
Empathy is acknowledging another person's experience and then making an effort to alleviate it.
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what is the process of earning interest on interest that you’ve already earned?
Answers
The process of earning interest on interest that you've already earned is called compounding.
Compounding refers to the ability of an investment or savings to generate earnings, and those earnings are added to the principal amount. Over time, as interest is continuously earned on the original principal and the accumulated interest, the growth becomes exponential. For example, if you have a savings account or an investment that earns compound interest, the interest you earn in one period is added to the principal amount. the interest is calculated based on the increased principal, which includes the previously earned interest.
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Compound interest is the process of earning interest on interest. It allows the initial sum of money to grow exponentially over time. Compound interest is commonly used in financial investments like savings accounts and retirement accounts.
Explanation:The process of earning interest on interest that you've already earned is called compound interest. Compound interest is when the interest that is earned on an initial sum of money is added to the original sum, and then interest is earned on the new total. This compounding effect allows you to earn interest on both the principal amount and the interest that has been previously earned.
For example, let's say you deposit $1000 into a savings account that earns an annual interest rate of 5%. At the end of the first year, you would earn $50 in interest, making your total balance $1050. In the second year, you would earn 5% interest on $1050, which would be $52.50. This process continues for each subsequent year, and the amount of interest earned increases over time.
Compound interest is a powerful concept that can help your money grow exponentially over time. It is commonly used in financial investments such as savings accounts, certificates of deposit, and retirement accounts.
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answers
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
A company can take advantage of ____________ , as the _______________ of the first group of workers will increase, but at a certain point it will decline. at this point, _____________ will continue to increase, but marginal product will diminish with each additional worker. eventually there will be too many workers and not enough ______________ to keep them busy, inevitably slowing down production and reducing output.
Answers
A company can take advantage of economies of scale, as the productivity of the first group of workers will increase, but at a certain point it will decline.
At this point, labor costs will continue to increase, but marginal product will diminish with each additional worker. Eventually, there will be too many workers and not enough demand to keep them busy, inevitably slowing down production and reducing output.
There will eventually be too many employees and not enough work to keep everyone engaged, which will gradually slow down production and lower productivity.
Economies of scale happen when a business expands its size of production and can create more units of output at a lower cost per unit. Yet, there comes a point where greater personnel and capital investments provide declining marginal returns and raise production costs. To optimise productivity and profits, the employer must carefully balance the cost of labour with the marginal product of each employee. If there are too many workers, the employer may have to reduce the size of the workforce, which can have negative social and economic consequences.
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