The final answer are adjusted cash balance per the books on January 31 is $ 6,025.
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
Cash balance per company books on January 30 = $ 5,225
Deposits in transit at month-end = $ 1,900
Outstanding checks at month-end = $ 570
Bank service charges = $ 30
An NSF check returned on a customer account = $ 480
The adjusted cash balance per the books on January 31 is $ 6,025.
How to get the answer: The cash balance per the company books on January 30 = $ 5,225
The deposits in transit at month-end = $ 1,900.
The outstanding checks at month-end = $ 570.
So, the cash balance adjusted for the deposits in transit and the outstanding checks at the month-end = $ 5,225 + $ 1,900 - $ 570 = $ 6,555.
Then, the bank service charges = $ 30 and the NSF check returned on a customer account = $ 480.
Therefore, the adjusted cash balance per the books on January 31 is $ 6,555 - $ 30 - $ 480 = $ 6,025.
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all of the following statements about dairy products are true except: question 8 options: 1) ultra-pasteurized (up) milk sold in aseptic packages does not need to be refrigerated. 2) because most broad-liners do not carry dairy products, it is important to identify a separate dairy supplier for your operation 3) generally, the higher the butterfat, the higher the ap price. 4) dairy products should be stored away from other foods because they absorb the odors of some foods easily.
The statement that is false is that ultra-pasteurized (up) milk sold in aseptic packages does not need to be refrigerated. Option 1) is correct.
Why does Ultra-pasteurized (UP) milk need to be refrigerated?
Ultra-pasteurized (UP) milk sold in aseptic packages does not need to be refrigerated. This statement is false because even though ultra-pasteurization kills most bacteria, the milk will still spoil if left at room temperature due to contamination that can occur after it has been opened. As a result, it is essential to keep milk, whether pasteurized or ultra-pasteurized, refrigerated to avoid spoilage.
Dairy products must always be refrigerated, regardless of whether they are ultra-pasteurized or in aseptic packaging. All other statements are true; it is important to identify a separate dairy supplier for your operation because most broad-liners do not carry dairy products, generally, the higher the butterfat, the higher the AP price, and dairy products should be stored away from other foods because they absorb the odors of some foods easily.
The correct answer to this question is: Ultra-pasteurized (UP) milk sold in aseptic packages does not need to be refrigerated.
Therefore, the correct option is 1.
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below is a production possibility frontier (ppf) showing the tradeoff a nation faces between economic output and environmental protection. at what choice is a nation choosing the highest level of economic output with little environmental protection?
Below is a Production Possibility Frontier (PPF) showing the tradeoff a nation faces between economic output and environmental protection. At what choice is a nation choosing the highest level of economic output with little environmental protection?The point on the Production Possibility Frontier (PPF) at which a nation is choosing the highest level of economic output with little environmental protection is D.
A production possibility frontier (PPF) is a graph that depicts the highest amount of output that can be produced for a specified set of inputs, given the existing technologies and resources. A point on the production possibility frontier (PPF) depicts the maximum output that can be produced for the combination of input that exists at that point.
When a country is attempting to select a point on the Production Possibility Frontier (PPF), it must face trade-offs between alternative choices. Choosing one alternative, such as high output, inevitably involves sacrificing another, such as environmental protection.A nation is selecting the highest level of economic output with little environmental protection at point D on the Production Possibility Frontier (PPF).
At point D, the nation is exploiting its resources, technologies, and labour inputs to produce as much output as possible with little concern for environmental protection. The more output a nation produces, the more likely it is that the environment will be degraded, and the quality of life of its people will be adversely affected.
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informational justice reflects the perceived fairness of the communications provided to employees from authorities true
The statement ''informational justice reflects the perceived fairness of the communications provided to employees from authorities'' is True.
As informational justice is a type of organizational justice that refers to the perceived fairness of communication provided to employees by their authorities. It encompasses the extent to which the information communicated is truthful, timely, complete, and relevant to the employee's concerns and needs.
When employees perceive that they have received fair and accurate information from their authorities, they are more likely to trust them and feel a sense of respect and commitment towards their organization.
On the other hand, when employees perceive that the information provided to them is biased or incomplete, it can lead to feelings of mistrust, disengagement, and low morale.
Therefore, organizations should strive to ensure that the communication provided to their employees is transparent, consistent, and equitable to foster a positive work environment and promote organizational success.
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what should you be armed with to adequately assess potential weaknesses in each information asset? question 25 options: properly classified inventory audited accounting spreadsheet intellectual property assessment list of known threats
To adequately assess potential weaknesses in each information asset, you should be armed with a A: properly classified inventory, C: an intellectual property assessment, and D: a list of known threats.
An audited accounting spreadsheet can be useful for financial analysis, but it may not be sufficient for assessing information security risks. By having a properly classified inventory, you can identify and prioritize your most valuable assets, which will help you allocate resources and develop appropriate security controls. A list of known threats can help you identify potential attack vectors and vulnerabilities that you may need to address. An assessment of intellectual property can help you identify and protect your proprietary information and trade secrets.
By combining all of these elements, you can develop a comprehensive picture of the potential risks and vulnerabilities associated with each information asset, which will help you develop effective risk management strategies.
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given budgeted sales of 10,000 units, desired ending inventory of 5,000 units, and beginning inventory of 2,000 units, required production is blank units. multiple choice question. O 10,000 O 7,000 O 13,000 O 15,000
Option (c), With desired ending inventory of 5,000 units, desired starting inventory of 2,000 units, and budgeted sales of 10,000 units, 13,000 units must be produced.
What is meant by budgeted income?A prediction of the income you anticipate bringing in the next year is known as budgeted revenue. Often, you may divide this cash into monthly revenue, allowing you to set goals for your sales and marketing team. The majority of an organization's revenue comes from sales.
A sales budget is a kind of financial strategy that predicts an organization's overall income for a given time frame. The two primary characteristics used to anticipate the success of the company are the quantity of products sold and the price at which they are sold.
10,000 + 5,000 - 2,000 = 13,000
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multiple choice question service firms should focus on costs in managerial decisions. multiple choice question. variable fixed
Variable costing involves allocating only variable costs to each product. Fixed costs are not allocated to individual products and are instead reported as a single expense in the period in which they are incurred.
What is variable cost?Variable cost is a type of expense that fluctuates or changes in accordance with the level of production or business activity. Variable costs are directly proportional to the production output, meaning that they go up or down as the production output goes up or down. Examples of variable costs include the cost of materials, labor (including wages, benefits and payroll taxes), sales commissions, and other costs that are directly related to the production of goods and services.
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Complete Question:
When using variable costing, costs are grouped by each of the following
A) Fix Cost
B) Salaries Cost
C) Property taxes
D) variable fixed production
coachlight incorporated uses a periodic inventory system. the company purchased 200 units of inventory at $20.00 per unit and 300 units at $21.00 per unit. what is the weighted average unit cost for these purchases of inventory? (round your final answer to two decimal places.)
This means that $21.00 per unit is the weighted average cost structure for such inventory purchases.
How do you track purchases of inventory?Take the example of a $1,000 credit purchase of inventory. For a $1,000 increase, debit your inventory account. In order to prove that you owe $1,000, credit your Payables account next. The credit reduces the balance of your Cash account because it is an asset as well.
How are inventory purchases accounted for?An organization's inventory purchases are tracked in the purchasing account, which is an account in the general ledger. A periodic system uses this account to determine how much inventory is available for purchase.
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jasper's company makes running shoes that retail for a minimum of $150 per pair. which of the following solutions would best allow jasper to increase the trialability of his shoes while still remaining profitable? multiple choice question. allowing customers to return worn shoes within 30 days handing out samples of the foam the company uses in its soles making the shoes in bright, flashy colors that attract consumers' attention reducing the price of the shoes to $25
To increase the trialability of his shoes while remaining profitable, the solution that would be best for Jasper's company would be allowing customers to return worn shoes within 30 days.
Why is Trialability important?
Trialability refers to the extent to which a new product or idea can be tested or experimented with before commitment. It is important in reducing uncertainty by offering consumers the opportunity to experience and evaluate the product, allowing them to make a more informed decision. Increasing trialability helps in making the product or service more accessible to consumers and also provides an opportunity to identify flaws and obtain feedback on how to improve it.
Based on the information above, we can conclude that to increase the trialability of Jasper's shoes while remaining profitable, the best solution would be to allow customers to return worn shoes within 30 days. This solution will enable customers to experience and evaluate the shoes, which will increase their willingness to purchase them later. However, Jasper should make sure that the cost of returns is factored into the product price to ensure that the company remains profitable
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christina head of sales in a pharma company runs an october sales push what critical error did christina most likely
Christina, as the head of sales, may have made several critical errors that may be attributed to her push in October.
Some of the errors she might have made include:
Unrealistic goals: Christina may have set unrealistic goals for the sales team that would be difficult to achieve, which could cause the sales team to lose motivation.Incomplete team: Christina may not have included all of the sales team in the sales push, which could cause animosity within the sales team, leading to conflicts.Poor communication: Christina may not have communicated the sales push's objectives, goals, and rewards clearly to the sales team, which could cause confusion and misunderstandings.Incorrect customer analysis: Christina may have targeted the wrong customer base, which could cause the sales team to miss their sales targets.Inefficient plan: Christina may have formulated a plan that is not effective, causing the sales team to fail to achieve the sales target on time, causing Christina to miss the sales target too.In the absence of a complete question, the answer can only be estimated. Christina, the head of sales in a pharma company, may have made several critical errors that may be attributed to her push in October. However, the error committed by Christina cannot be determined with the given question.
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media people like editors, packagers, and producers, who make judgments about what is sent to networks, stations, and website operators, are called
The term "mass communication" describes the dissemination of information to big populations. Non-professionally produced websites have a greater daily audience than a.
Are media professionals responsible for deciding what should be delivered to networks?Media professionals who have an impact on messages in transit decide what information should be supplied to networks, stations, and website operators. A military censor who prevents the telling of a war account.
What is the relationship between media convergence and other forms of media?The term "media convergence" essentially refers to the blending of various mass media platforms, including traditional media, print media, broadcast media, new media, the internet, and mobile and high-tech platforms for digital media that are interactive.
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external factors that influence recruiting usually fall into what two categories? question 2 options: the social and legal environment, and the labor market the labor market and the political envronment supply and demand, and compeditors
The two main categories of external factors that influence recruiting are the social and legal environment, and the labor market. Therefore the correct option is A.
Depending on the specific industry and organization, other external factors may have an impact on the recruiting process. For example, technology advances, social trends, and the global economy are all potential external factors. To further explain this concept in 200 words, external factors are outside influences that can impact a company's recruiting efforts. These can be either positive or negative and include aspects like the labor market, the political environment, and the competition.
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a written understanding between the auditor and the client concerning the auditor's responsibility for the discovery of illegal acts is usually set forth in a(n):
"A written understanding between the auditor and the entity concerning the auditor's responsibility for fraud is usually set forth in an Engagement letter." Option D is correct.
An engagement letter is a written agreement between an auditor and their client that outlines the terms and responsibilities of the audit engagement. It includes details such as the scope of the audit, the timeline for completion, and the fee structure. One important aspect of the engagement letter is the discussion of the auditor's responsibility for detecting and reporting fraud.
This section sets forth the expectations of both parties and helps to clarify the extent of the auditor's duties with respect to fraud. The engagement letter serves as a contract between the auditor and the entity and is an important part of the audit planning process.
This question should be provided as:
A written understanding between the auditor and the entity concerning the auditor's responsibility for fraud is usually set forth in a(n)_____.
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which of the following statements are true? multiple select question. mixed costs contain both fixed and variable cost elements. mixed costs are also commonly known as step-fixed or step-variable costs. the equation for a straight line can be used to express the relationship between mixed costs and the level of activity. both the total cost and the per-unit cost of mixed costs change with changes in the level of activity.
The following statements are true
(1) mixed costs contain both fixed and variable cost elements.
(2) Mixed costs are also commonly known as step-fixed or step-variable costs.
(3) The equation for a straight line can be used to express the relationship between mixed costs and the level of activity.
(4) Both the total cost and the per-unit cost of mixed costs change with changes in the level of activity.
What is a mixed cost?Mixed costs are the costs that contain both variable and fixed components. It is because these costs change over time. The change is related to the change in the number of products manufactured or the number of services offered. The mixed costs are often referred to as semi-variable costs, semi-fixed costs, or semi-direct costs.
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abc reports the following information for the year: net credit sales $120,000 average accounts receivable 20,000 cash collections on credit sales 100,000 what is abc's receivables turnover ratio?
Based on the above, ABC's receivables turnover ratio is 6.0
What is the receivables turnover ratio?To calculate the receivables turnover ratio, we need to divide net credit sales by the average accounts receivable:
Receivables Turnover Ratio = Net Credit Sales / Average Accounts Receivable
From the given information, we have:
Net Credit Sales = $120,000
Average Accounts Receivable = $20,000
Therefore:
Receivables Turnover Ratio = $120,000 / $20,000 = 6
ABC's receivables turnover ratio is 6.0
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See full question below
ABC reports the following information for the year:
Net credit sales
$120,000
Average accounts receivable
20,000
Cash collections on credit sales
100,000
What is ABC's receivables turnover ratio?
Multiple Choice
6.0
1.2
0.2
5.0
if the nominal interest rate is 7.5 percent and the rate of inflation is -2.5 percent, then the real interest rate is
The real interest rate is 10% [tex]([nominal interest rate] + [rate of inflation] = [real interest rate])[/tex].
Based on inflation, interest rates are divided into two, namely nominal interest rates and real interest rates. The nominal interest rate is the interest rate that does not include inflation as a determining factor for a decrease in purchasing power.
Meanwhile, real interest rates, aka real interest rates, are pure interest rates which include inflation as a determining factor in the decline in purchasing power. So this interest rate displays the net return you will get after deducting inflation.How to calculate:
Nominal interest rate: 7.5% Rate of inflation: -2.5% Real interest rate: 7.5% + (-2.5%) = 10%Learn more about real interest rate: brainly.com/question/29802908
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hammernail woodworks agreed to make a short-term loan to a component parts supplier. a note for $40,000 was issued by hammernail on november 1, 2022 at 6% interest with both principal and interest due on october 31, 2023. which of the following journal entries should hammernail use to accrue interest at the end of each month?
Hammernail Woodworks should record a monthly interest accrual entry of $200.00.Explanation:Hammernail Woodworks issued a $40,000 note to a component parts supplier on November 1, 2022, at an interest rate of 6%.
The loan has a due date of October 31, 2023, for both the principal and interest.As a result, Hammernail should make monthly interest accrual entries throughout the term of the loan in order to account for the interest that has accrued throughout the month.To make the monthly interest accrual entry, Hammernail Woodworks must multiply the loan balance by the interest rate and then divide by 12 months:($40,000 * 6%) / 12 = $200.00
Hammernail Woodworks should make a journal entry at the end of each month to accrue $200.00 in interest:Debit: Interest Expense $200.00Credit: Interest Payable $200.00This accrual entry increases the Interest Expense account on the income statement and the Interest Payable account on the balance sheet.The Interest Expense account is used to record the cost of borrowing, whereas the Interest Payable account is used to record the amount of interest owed to the component parts supplier at the end of the month.
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if a government experiences an increase in its budget surplus, which of the following possible outcomes will likely result? question 2 options: exports decrease while imports and all other variables are held constant investment falls while everything else holds constant imports increase while exports and all other variables are held constant private savings decrease while everything else holds constant
If a government experiences an increase in its budget surplus, the following possible outcome will likely result: investment falls while everything else holds constant.
What is budget surplus?A budget surplus occurs when income or receipts go beyond expenditure or outflows. A budget surplus, also known as a surplus, is an excess of revenues over expenses that accrues to the government during a fiscal year. The government may use the surplus to pay down debt or spend it on capital investments for the future.
What is investment?Investment is the purchase of goods that are not consumed today but instead are used in the future to create wealth. When an individual or organization uses its money to purchase stocks, bonds, or real estate for long-term gain rather than short-term income, it is considered an investment.
Exports and imports, as well as private savings, are not directly linked to budget surplus, whereas investment is. As a result, if a government experiences an increase in its budget surplus, investment may decrease while everything else stays constant.
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which of these perspectives would be least willing to change the welfare legislation, based on the concern that by changing these regulations might impact the workforce?
The perspective that would be least willing to change the welfare legislation, based on the concern that by changing these regulations might impact the workforce is: Conservative
What is welfare?Welfare is a term that refers to financial assistance and other such benefits offered by the government to its citizens. The primary goal of these programs is to provide assistance to the underprivileged and financially insecure members of society.
The welfare system in the United States has been around for decades and has undergone significant changes over the years. However, there are several perspectives and opinions on how it should operate or whether it should be reformed.
What is conservative?Conservatives are least willing to change welfare legislation, based on the concern that changing these regulations might impact the workforce. They believe that government welfare programs create dependency and discourage people from working, leading to higher taxes for workers and an economic burden on society.
Therefore, conservatives are likely to support regulations that limit welfare spending and benefits and focus on job creation and economic growth instead. They believe that personal responsibility and self-sufficiency are essential and that individuals should take responsibility for their lives and work hard to improve their financial situation.
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how was the team able to ship the orders for burnside? group of answer choices received smaller, more frequent orders of some of the raw materials. all of the options delivered finish parts in smaller batch sizes, more frequently reduce the batch sizes on non-bottleneck processes.
The Burnside team was able to ship orders by implementing several strategies such as A. received smaller, more frequent orders of some of the raw materials.
Why did they receive frequent orders?They received smaller, more frequent orders of raw materials to ensure a steady flow of supplies. They also delivered finished parts in smaller batch sizes, more frequently, which allowed them to reduce inventory levels and respond quickly to changing customer demands.
Additionally, they focused on reducing the batch sizes on non-bottleneck processes, which helped to improve overall efficiency and throughput. By adopting these strategies, the Burnside team was able to meet customer demands and successfully ship orders on time.
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Question: What strategies did the Burnside team employ to successfully ship orders?
how was the team able to ship the orders for burnside? group of answer choices received smaller, more frequent orders of some of the raw materials. all of the options delivered finish parts in smaller batch sizes, more frequently reduce the batch sizes on non-bottleneck processes.
the primary responsibility for product safety lies with the a. consumer product safety commission. b. consumer. c. government. d. producer.
The primary responsibility for product safety lies with the Producer. Hence, the correct answer is option D.
Product safety refers to the act of ensuring that goods are manufactured and supplied to the public in a safe manner. It is concerned with protecting consumers from injury or damage caused by hazardous products, as well as ensuring that businesses comply with safety laws and standards. As a result, companies must undertake a variety of product safety efforts throughout the entire product's life cycle.
Product safety can be ensured by several activities, including risk assessment, risk management, and risk communication. Risk assessment entails evaluating the risk associated with a product or process, while risk management involves determining how to control and mitigate the risk. Risk communication involves providing information on product safety to consumers and other stakeholders to reduce the likelihood of harm.
Product safety involves a variety of stakeholders, including manufacturers, suppliers, retailers, and regulatory agencies. The primary responsibility for product safety lies with the producer. Manufacturers must produce safe products that comply with relevant safety standards and regulations.
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a project whose critical path has an estimated time of 120 days with a variance of 100 has a 20% chance that the project will be completed before which day (rounded to nearest day)?
A project whose critical path has an estimated time of 120 days with a variance of 100 has a 20% chance that the project has a 20% chance of being completed before 112 days (rounded to the nearest day).
Let us first calculate the standard deviation, which is the square root of the variance:
Variance = 100
Standard deviation = √variance
= √100
= 10
Therefore, the standard deviation is 10.
There are a variety of methods for calculating probabilities based on a standard normal distribution, such as using a Z-table or a normal distribution calculator. We can also use the Z-score formula to calculate the number of standard deviations from the mean that a particular value lies in, which we will use to determine the appropriate probability.
In this case, we have the following information:
Mean = 120 days
Standard deviation = 10 days
X = the number of days before the completion of the project
We want to find the value of X that corresponds to a 20 percent chance that the project will be completed by that date. This can be determined by finding the Z-score for the 20th percentile, which is -0.8416 using a Z-table or a normal distribution calculator.
Then we will use the formula
Z = (X - μ) / σ
to solve for X,
where μ is mean and σ is the standard deviation.
-0.8416 = (X - 120) / 10-8.416
= X - 120-8.416 + 120
= 111.584
Therefore, there is a 20% chance that the project will be finished before the 112th day (rounded to the nearest day).
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Which of the following responsibilities involves gathering project requirements and creating a project plan?
A. Managing tasks
B. Communicating project milestones
C. Forecasting the budget
D. Planning and organizing
The responsibility which involves gathering project requirements and creating a project management plan is: Planning and organizing. The correct option is D. Planning and organizing.
Project management is the process of planning, coordinating, and overseeing a project from start to finish. It involves the use of specialized skills, knowledge, and techniques to accomplish specific goals and objectives within defined constraints such as time, cost, scope, and quality.
Project management responsibilities: Developing the project plan: Project managers need to create a comprehensive project plan that includes everything from the project's objectives to the tasks required to achieve them. They must also ensure that the project plan is feasible, given the constraints of time, cost, and resources.
Gathering project requirements: Project managers must gather and document all project requirements, including the necessary resources and stakeholders, as well as any other relevant data. Communicating with stakeholders: Project managers must keep stakeholders informed of project progress, changes, and issues as they arise. This communication can be via meetings, reports, or other means.
Organizing the project team: Project managers must select and organize the team members who will be responsible for the project's completion. They should also ensure that the team members have the necessary knowledge and skills to perform their tasks.
Managing project risks: Project managers should identify and manage project risks to minimize their impact on the project's success. They must also develop contingency plans to deal with potential risks that cannot be avoided.
Monitoring project progress: Project managers should monitor project progress regularly to identify any issues that may arise. They should also track project milestones to ensure that they are being met according to the project plan.
Managing project resources: Project managers must manage the project's resources, including time, budget, and materials, to ensure that they are used efficiently and effectively. They should also ensure that the project remains within budget and schedule.
Conclusion: Planning and organizing involves gathering project requirements and creating a project plan. The correct option is D. Planning and organizing.
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kyle runs a store that sells small and large space heaters. the large heaters sell for $250 each with unit variable costs of $120, while the small space heaters sell for $80 each with unit variable costs of $30. currently, the small space heaters amount to 2,100 of the units sold, while the large heaters amount to 700 of the units sold. the fixed costs for the store are $126,000. what is the company-wide break-even point in units? select answer from the options below 1,800 units 2,000 units 1,350 units 900 units
To calculate the company-wide break-even point in units, you need to calculate the total revenue needed to cover the fixed costs. Therefore, the break-even point in units is 1,350.
To do this, you need to calculate the total variable cost and total revenue.The total variable cost can be calculated by multiplying the unit variable cost for the small heaters by the number of small heaters sold and then adding that to the unit variable cost for the large heaters multiplied by the number of large heaters sold. Therefore, the total variable cost is $93,600.
The total revenue can be calculated by multiplying the price per unit for the small heaters by the number of small heaters sold and then adding that to the price per unit for the large heaters multiplied by the number of large heaters sold.
Therefore, the total revenue is $263,600.To calculate the break-even point, divide the fixed cost by the contribution margin. The contribution margin is the difference between the total revenue and the total variable cost, which is $170,000.
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one year ago, mabel bought a coupon bond at a yield-to-maturity of 5%. when she sells the coupon bond the yield-to-maturity is now 6% causing the bond's price to go down. what type of risk did mabel suffer from? interest rate risk default risk reinvestment risk liquidity risk none of the above
The correct option is A, Mabel suffer from type of Interest Rate Risk. When she sells the coupon bond the yield-to-maturity is know 6% causing the bond's price to go down.
Interest rate risk contributes significantly to the Sensitivity in CAMELS. Since the 1990s, financial firms' interactions with their regulators have contributed significantly to our understanding of measuring interest rate risk. Senior management may lose their jobs and the company may be added to the FDIC problem bank list when a bank earns a low CAMELS rating, putting the interests of bondholders, creditors, and equity holders at risk.
The evaluation of interest rate risk is a hot subject among regulators, banks, thrifts, saving and loans, credit unions, and other financial organisations. A financial institution's capital adequacy, assets, management capability, earnings, liquidity, and sensitivity to market risk are all evaluated by the widely used CAMELS grading system.For most banking organisations using the CAMELS approach, interest rate risk makes up undoubtedly the majority of the sensitivity analysis.
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Complete Question: -
One year ago, Mabel bought a coupon bond at a yield-to-maturity of 5%. When she sells the coupon bond the yield-to-maturity is know 6% causing the bond's price to go down. What type of risk did Mabel suffer from?
a. Interest Rate Risk
b. Default Risk
c. Reinvestment Risk
d. Liquidity Risk
e. None of the above
what is the most accurate term for the procedures used by the board to oversee activities performed to achieve organizational objectives?
The most accurate term for the procedures used by the board to oversee activities performed to achieve organizational objectives is "governance."
Corporate governance refers to the formal systems, processes, and procedures by which corporations are governed and controlled. It encompasses the relationships among a company's management, board of directors, shareholders, and other stakeholders, as well as the goals for which the corporation is governed.
The board is responsible for ensuring that the organization is well governed, that it is managed properly, that it meets its legal and ethical obligations, and that it achieves its strategic objectives. The board is also responsible for ensuring that the organization's activities align with the interests of its shareholders, and that its performance is measured and reported accurately. Governance procedures are critical to the success of the board in achieving these goals.
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over the past year, price inflation has been 10%, but the price of a used ford escort has fallen from $6,000 to $5,000. the real price of a ford escort has fallen by:
The real price of a used Ford Escort has actually increased despite the fact that its nominal price has fallen from $6,000 to $5,000.
This is because inflation has been running at 10%, meaning that the general level of prices has increased by 10% over the past year. Therefore, the real value of $6,000 a year ago is now worth only $5,400 ($6,000 x 0.9), while the real value of $5,000 today is actually $5,500 ($5,000 ÷ 0.9).
So, in real terms, the price of a used Ford Escort has increased by $100 ($5,500 - $5,400) or approximately 1.9%.
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which of the following drivers simultaneously increases value while lowering cost? multiple choice availability of complements economies of scale innovation superior customer service
Answer: The answer is economies of scale.
Explanation:
Economies of scale are the driver that simultaneously increases value while lowering cost. When a business increases production, it can spread its fixed costs over a larger number of units, reducing the average cost per unit. This results in economies of scale, which can lead to increased value for customers (in the form of lower prices or better quality) while also reducing costs for the business. The other drivers listed - availability of complements, innovation, and superior customer service - can increase value for customers, but they may not necessarily lower costs for the business.
Economies of scale occur when a company is able to increase its production and efficiency, which simultaneously increases value while lowering cost.
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how could the multiplier be used to explain wide swings in income (which could be called busi-ness cycles) in econoland?
The multiplier effect is used to explain the wide swings in income, or business cycles, in Econoland.
The multiplier effect is when the initial spending or injection of money into the economy leads to a much greater increase in final national income.
This is due to the money being re-spent and re-circulated, creating a chain reaction of income and spending.
For example, if an individual spends $100 on goods, that $100 will then be paid to the seller who will then re-spend the money, creating a chain reaction that can lead to an increase in national income far greater than the initial injection of money.
This multiplier effect is why we can see wide swings in income, or business cycles, in Econoland.
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what happens to your npv results if the project is viewed as more risky than the average project? less risky? how would you operationalize these complications in your work?
If a project is viewed as more risky than the average project, its NPV results would decrease.
While if it's viewed as less risky, its NPV results would increase, and to operationalize these complications in your work, you can adjust the discount rate used in the NPV calculation to reflect the increased or decreased risk associated with the project.
Adjusting the discount rate can account for the added risk by using a higher discount rate for a more risky project, which would reduce the NPV, and conversely, using a lower discount rate for a less risky project, which would increase the NPV. It's important to adjust the discount rate appropriately to reflect the true risk of the project, as underestimating or overestimating the risk could lead to incorrect investment decisions.
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if sara's current salary is 25,000 per year and she is due to get a 3% raise this year in addition to a 2% cost of living increase, how much will her salary be after these increases take effect?
Sara's new salary after the 3% raise and 2% cost of living increase would be $26,250 per year.
The increase in salary amounts to $1,250, which is the sum of the 3% raise and 2% cost of living increase applied to Sara's initial salary of $25,000. To calculate Sara's new salary after the 3% raise and 2% cost of living increase, we can follow these steps:
Calculate the amount of the 3% raise:
3% of $25,000 = $750
Calculate the amount of the 2% cost of living increase:
2% of $25,000 = $500
Add the amount of the 3% raise and the 2% cost of living increase to Sara's current salary:
$25,000 + $750 + $500 = $26,250
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