Option (d), If the price of your Ford stock drops to $35, you want to sell it. However, $34.50 is the very lowest selling price you'll accept. The Sell Stop Order would be your best course of action.
What separates a stop-loss order from a sell stop order?Stop-loss orders aid in ensuring execution but frequently cause price volatility and slippage. Most sell-stop orders are filled below the limit price; the variation mostly depends on how rapidly the market is plummeting.
A sell stop order is put in at a stop price that is less than the current market price. If the stock drops below the stop price (or trades below it), the sell stop order is activated and transforms into a market order that will be executed at the market price. This sell stop order execution may or may not take place close to your stop price.
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The complete question is:
Your Ford stock is plunging, and you wish to sell it if it sinks to $35. But the absolute lowest selling price you’ll accept is $34.50. Your best option would be to place:
Select one:
a. A Market Order
b. A Sell Stop Limit Order
c. A Sell Limit Order
d. A Sell Stop Order
please helpQuestion 27 20 pts What are externalities?[5] Provide two examples of both positive and negative externalities and explain why externalities reduce the efficiency of markets[8]. Can government policie
Externalities refer to the impacts that economic activities have on individuals or parties who are not directly involved in the transaction. These external impacts can be either positive or negative.Positive externalities are benefits,Negative externalities are costs
Answer - Externalities refer to the impacts that economic activities have on individuals or parties who are not directly involved in the transaction. These external impacts can be either positive or negative.
Positive externalities are benefits that are enjoyed by people who are not directly involved in the economic activity. For example, a person who plants trees in their garden helps to reduce the overall carbon footprint of the community. This benefit is shared by all members of the community, even those who did not directly participate in planting the trees.
Another example of a positive externality is education. When an individual invests in their education, they become more productive and can contribute more to society. This increased productivity benefits not only the individual but also the wider community.
Negative externalities are costs that are imposed on people who are not directly involved in the economic activity. For example, a factory that produces a lot of pollution may cause respiratory problems for nearby residents. These health problems are a cost that is borne by the residents, even though they did not participate in the economic activity of the factory.
Another example of a negative externality is traffic congestion. When too many cars use the same roads, it can lead to delays and reduced productivity for everyone using the roads.
Externalities reduce the efficiency of markets because they cause a divergence between private costs and social costs. Private costs only take into account the costs that are directly borne by the individuals involved in the economic activity. Social costs, on the other hand, take into account the costs that are borne by the wider community. When there is a negative externality, the private cost is less than the social cost. This means that the market will produce too much of the activity that generates the negative externality.
Government policies can help to address externalities and improve the efficiency of markets. For example, a tax can be placed on activities that generate negative externalities. This tax will increase the private cost, making it closer to the social cost. Similarly, subsidies can be given to activities that generate positive externalities. This will increase the private benefit, making it closer to the social benefit. By aligning private costs and benefits with social costs and benefits, government policies can help to ensure that markets produce the optimal level of economic activity.
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Do you think teams are a valuable new management technique that will endure, or are they just a fad that will be replaced with something else in the near future?
Teams are a valuable management technique that is likely to endure, but their implementation may change as the needs of organizations and the workforce evolve.
Are teams valuable management techniques that will endure?Teams have been a valuable management technique for decades, and their popularity has only increased over time. Teams can bring together individuals with different skills and perspectives, enabling them to work collaboratively to achieve a common goal. Additionally, teams can foster innovation and creativity, as well as promote a sense of ownership and accountability among team members.
There is no reason to believe that teams will become less important in the future. In fact, with the rise of remote work and the need for organizations to be more agile and adaptable, teams are likely to become even more prevalent. However, it is possible that the way teams are managed and organized may evolve over time, as new technologies and management theories emerge.
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What are luxury home bar manufacturers?
Answer:
Some luxury home bar manufacturers include:
1. Kalamazoo Outdoor Gourmet
2. Sub-Zero and Wolf
3. True Residential
4. Perlick
5. U-Line
6. Marvel Refrigeration
7. Scotsman
8. Hestan
9. Lynx Grills
10. Viking Range.
Shareholder recognition and stakeholder interests are elements of
A. reactive change management
OB. cost benefit analysis
C. corporate governance
OD. corporate social responsibility
Shareholder recognition and stakeholder interests are elements of corporate governance. The Option C is correct.
What are shareholder recognition and stakeholder interests?Corporate governance is system of rules and practices by which a company is directed and controlled which includes ensuring accountability to both shareholders and stakeholders who have a vested interest in the success of the company.
The shareholders own shares in a company and have financial interest in its performance while the stakeholders are affected by the company's actions such as employees, customers, suppliers, and the broader community.
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You are a board member on the hospital finance committee.
The Chief Financial Officer (CFO) is delivering the year end financial report to the finance committee members, of which you are on.
The report is not good because the hospital is in financial trouble and the CFO is under tremendous stress to get the hospital profitable again.
The CFO says:
“we are facing so many financial pressures from all sides.
we never seem to have enough cash and other current assets
to meet our on-going expenses.
Our creditors are unhappy with us because we are late paying our bills.
Expenses are rising and our revenues are dropping.
The unions are asking for high wage increases and threatening
a general strike if their demands are not met.
What’s more, our diagnostic equipment keeps breaking down
and we are not keeping up with patient wait lists for diagnostic screening.
To make matters worse, the bank refuses to lend us any more money because
we are having difficulty managing our existing debt.”
Practice owners can more efficiently track and analyse their costs and, consequently, the total cost of associated patient outcomes by making investments in specialist medical equipment and research thru a financial management business.
What are the steps CFO should take?A hospital's or hospital systems' chief financial officer has the responsibility of managing all economic risks for the company and ensuring that a hospital or medical system operates as economically as possible. They are in responsible of handling the majority of planning funds and record keeping.
The top financial state in an organisation is held by the chief financial officers. With precise financial data, hospitals or other healthcare providers can make crucial financial decisions to enhance their operations, which will raise the standard of treatment and systems for patient involvement.
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How to do a journal entry for this worksheet?
The Journal entries for the respective entries are given below.
What are the journal entries?A. July 1
Petty Cash Fund Dr. $745
Cash Cr. $745
B. Replenishing the Petty Cash Fund on an unspecified date:
Store Supplies Expense Dr. $57
Miscellaneous Selling Expense Dr. $88
Cash Cr. $145
Petty Cash Fund Cr. $145
C. December 31
Store Supplies Expense Dr. $X (amount of missing funds)
Miscellaneous Selling Expense Dr. $Y (amount of missing funds)
Cash Cr. $119
Petty Cash Fund Cr. $X + $Y (sum of missing funds)
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Signaling in PoliticsExplain how signaling might apply to your own life. 1 page.Thank you!
Signaling in politics refers to the act of politicians sending cues or messages to their constituents in order to convey certain ideas or positions. These signals can take many forms, such as campaign promises, public statements, or policy proposals.
The goal of signaling is to create a sense of trust and loyalty between the politician and their supporters, as well as to attract new supporters who share similar beliefs. In my own life, signaling is also an important concept that applies to a variety of situations. For example, when I am job hunting, I try to signal my skills and qualifications to potential employers through my resume, cover letter, and interviews. I also try to signal my professionalism and work ethic by dressing appropriately, showing up on time, and being respectful to everyone I interact with.
Another way that signaling applies to my life is through my social interactions. When I am meeting new people or trying to build relationships, I try to signal my personality and values through my behavior and conversations. For example, if I want to signal that I am a kind and empathetic person, I might ask someone how their day is going and listen attentively to their response. If I want to signal that I am passionate about a particular topic, I might bring it up in conversation and share my thoughts and experiences.
Overall, signaling is an important concept that applies to many different areas of life. By understanding how signaling works and how to use it effectively, we can create strong and meaningful connections with others and achieve our goals more successfully.
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SCENARIO INTRODUCTION
Use the information provided below to complete the questions.
Suppose a small economy has two income tax rates: 20% for all income up to $50,000 and 30% for any income earned above $50,000. Suppose that the economy has a Government Budget for this year (year 1) of $70,900.00, and a total of five individuals earning the following income: Carla $28,000, Ben $49,000, Jennifer $50,000, Donnie $75,000, Maria $110,000. In chapter 5 we saw that GDP can be calculated in two ways, via the expenditure approach or the income approach, and that when the income approach is used, there must be adjustments made to National Income, specifically adding the Consumption of Fixed Capital and a Statistical Discrepancy. For the sake of simplicity, let's imagine that National Income is equal to GDP, in other words the Consumption of Fixed Capital and the Statistical Discrepancy are equal to zero.
CALCULATING TAX REVENUES - YEAR 1
1. Calculate the Total Tax Revenues. a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (16 points)
2. What is the small Nation's Income in year 1? (6 points)
3. What percent of the Nation's Income does the Total Tax Revenue represent? (6 points)
4. In year 1, does the economy have a balanced budget, a budget surplus, or a budget deficit. Accompany your response with the corresponding dollar amount. (6 points)
CALCULATING TAX REVENUES - YEAR 2
5. Now assume that a recession (triggered by a reduction of Aggregate Demand) causes each of the five incomes to fall by 20%. In other words, income is 80% of what they used to be. Given the lower income, a) what would be the total tax revenue paid by each of the five citizens? b) what is the total tax revenue for the small nation? (18 points)
6. What is the Nation's Income in year 2? (6 points)
7. In year 2, what percent of the Nation's Income does the Total Tax Revenue represent? (6 points)
8. Suppose that the Government Budget remained the same in year 2. Is the economy experiencing a balanced budget, a budget surplus, or a budget deficit, in year 2? Accompany your response with the corresponding dollar amount. (6 points)
PUTTING IT ALL TOGETHER - PART 3
9. Using the answers for part 1 and part 2. Explain how this progressive tax structure (20% and 30% tax brackets) acts as an automatic stabilizer. (10 points)
10. Using the answers for part 1 and part 2. What is the size of the recessionary Gap? In other words, what is the dollar value of the GDP that is being lost (not produced) because of the recession? (10 points)
11. Assuming a Marginal Propensity to Save (MPS) of 20% or 0.20, use the Keynesian Multiplier to determine the additional amount of government spending required. (10 points)
Explanation:
a) Carla pays 20% of $28,000 which is $5,600.
Ben pays 20% of $49,000 which is $9,800.
Jennifer pays 20% of $50,000 which is $10,000.
Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $25,000 which is $7,500, making a total of $17,500.
Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of the remaining $60,000 which is $18,000, making a total of $28,000.
b) The total tax revenue for the small nation is $70,900, since that is the government budget.
2) The small nation's income in year 1 is the sum of the incomes of all five citizens, which is $312,000($28,000 + $49,000 + $50,000 + $75,000 + $110,000).
3) The total tax revenue represents 22.7% ($70,900 ÷ $312,000 x 100%) of the nation's income.
4) The small economy has a budget deficit of $0.00, since the government budget is equal to the total tax revenue.
5)
a) Carla pays 20% of 80% of $28,000 which is $4,480.
Ben pays 20% of 80% of $49,000 which is $7,840.
Jennifer pays 20% of 80% of $50,000 which is $8,000.
Donnie pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $25,000 which is $6,000, making a total of $16,000.
Maria pays 20% of the first $50,000 of income which is $10,000 and 30% of 80% of the remaining $60,000 which is $14,400, making a total of $24,400.
b) The total tax revenue for the small nation is $60,720.
6) The small nation's income in year 2 is the sum of the incomes of all five citizens, which is $249,600 ($22,400 + $39,200 + $40,000 + $60,000 + $88,000).
7) The total tax revenue represents 24.3% ($60,720 ÷ $249,600 x 100%) of the nation's income.
8) The small economy has a budget deficit of $10,180 ($70,900 - $60,720), since the total tax revenue is less than the government budget.
9) The progressive tax structure acts as an automatic stabilizer because during a recession, when incomes fall, the amount of tax revenue collected also falls. This provides some relief to taxpayers who are experiencing lower income and helps to lessen the severity of the recession.
10) The size of the recessionary gap is the difference between the income in year 1 and the income in year 2, which is $62,400 ($312,000 - $249,600).
11) The Keynesian Multiplier is 1 ÷ (1 - MPS) = 1 ÷ (1 - 0.20) = 1.25. To determine the additional amount of government spending required, we can use the following formula:
Change in GDP = Multiplier x Change in Government Spending
Since the recessionary gap is $62,400, the change in government spending required is:
$62,400 = 1.25 x Change in Government Spending
Change in Government Spending = $49,920.
Therefore, the additional government spending required is $49,920.
Discuss an example of how data analytics could be used to improve at least one segment of the business.
Discuss what challenges might be faced as business managers review the data.
Answer:
See Explanation
Explanation:
Data analytics has become an essential tool for businesses seeking to gain insights and improve their operations. Here is an example of how data analytics could be used to improve one segment of a business:
Example: Using Data Analytics to Improve Customer Service
A retail company is experiencing low customer satisfaction scores and high rates of customer complaints. The business managers suspect that the problem is related to their customer service operations but are not sure where to begin making improvements. They decide to use data analytics to analyze customer feedback and identify areas for improvement.
Data Collection: The first step is to collect data from various sources, such as customer surveys, social media, online reviews, and customer service logs. The data should include both quantitative and qualitative feedback.
Data Analysis: The data is then analyzed using data analytics tools, such as natural language processing, sentiment analysis, and predictive modeling. The goal is to identify patterns and trends in customer feedback, such as common complaints, recurring issues, and customer satisfaction scores.
Actionable Insights: Based on the data analysis, the business managers can identify actionable insights to improve customer service. For example, they may find that customers are dissatisfied with the speed of response time when contacting customer service. This insight could lead to improvements in staffing levels, training, or technology.
Challenges Faced by Business Managers:
Data Quality: One of the biggest challenges in using data analytics is ensuring that the data used is accurate, complete, and reliable. Inaccurate data can lead to incorrect conclusions and misguided actions.
Technical Expertise: Data analytics requires specialized skills and expertise. Business managers may lack the technical skills needed to conduct data analysis, leading to reliance on outside consultants or data scientists.
Data Privacy and Security: Data analytics often involves handling sensitive customer information, such as personal data or financial information. Businesses must ensure that proper safeguards are in place to protect customer privacy and prevent data breaches.
Actionable Insights: The ultimate goal of data analytics is to generate actionable insights that can lead to improved business outcomes. However, identifying insights that can be translated into concrete actions can be challenging, requiring creative thinking and problem-solving skills.
In summary, data analytics can provide valuable insights for businesses seeking to improve their operations, but it also presents several challenges that business managers must navigate. By ensuring data quality, acquiring technical expertise, safeguarding data privacy and security, and identifying actionable insights, businesses can successfully use data analytics to improve their operations and customer satisfaction.
Izzy tried to pay for groceries, but her debit card was declined. She checked her account online and saw that it was overdrawn. How could Izzy have avoided this situation?
A.
Sell her stock options before buying groceries.
B.
Pay her credit card bill on time last month.
C.
Invest her income in property or the stock market.
D.
Check her account balance before spending money.
The way that Izzy could have avoided this situation was D. Check her account balance before spending money.
What should be done when using a debit card ?Izzy can defend herself from the regrettable situation of having her debit card declined due to insufficient funds or overdrawing by consistently monitoring her account balance.
She should also weigh up incorporating alerts and automated notifications as a further precaution, so that she can stay abreast of her expenditures and evade overdraft charges.
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53. Nudge’ units now abound in the public sphere and online marketing circles – are any of the points below NOT ‘nudges’?
a) using an opt-in box for organ donation (in a Drivers License Application)
b) placing water bottles instead of soft drink cans near the register in the cafeteria
c) a sign, placed near the door of a room in an office building, which reminds people that they should turn off the light when they leave
d) feedback to households about their and neighbours’ electricity usage
All of the options mentioned above can be considered examples of "nudges". A nudge is defined as any aspect of the environment that alters people's behavior in a predictable way without forbidding any options or significantly changing their economic incentives.
a) Using an opt-in box for organ donation is a nudge as it encourages people to consider organ donation without forcing them to do so. It does not remove the option of not donating organs.
b) Placing water bottles instead of soft drink cans near the register in the cafeteria is a nudge as it influences people's choices towards healthier drinks without restricting their choice of soft drinks.
c) A sign reminding people to turn off the light when they leave a room is a nudge as it encourages people to conserve energy without forcing them to do so.
d) Providing households with feedback about their and neighbors' electricity usage is a nudge as it encourages people to reduce their energy consumption without forcing them to do so. It does not impose any restrictions on the household's energy usage.
Therefore, all of the options above can be classified as examples of nudges.
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CRIMINAL JUSTICE!!!Is RacialProfiling an Acceptable Law Enforcement Strategy?
No, racial profiling is not an acceptable law enforcement strategy. Racial profiling involves singling out individuals based on their race or ethnicity and treating them as suspects, even without evidence of wrongdoing. This practice is discriminatory and violates the principles of equal protection under the law.
It also undermines community trust in law enforcement and can lead to unjust treatment of innocent people. Rather than relying on racial profiling, law enforcement agencies should adopt evidence-based and non-discriminatory approaches to prevent and solve crimes.
Racial profiling is not an acceptable law enforcement strategy. It involves targeting individuals for suspicion of criminal activity based on their race, ethnicity, or national origin. This practice is both discriminatory and ineffective, as it undermines trust between law enforcement and communities, and may lead to the violation of civil rights. A more appropriate strategy focuses on evidence-based policing and addressing criminal behavior without relying on racial or ethnic stereotypes.
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What should business model look like?
Answer:
A business model is a description of how a company creates, delivers, and captures value for its customers. There is no one-size-fits-all business model that works for every company, as each business has unique characteristics, products or services, customers, and markets. However, there are some key components that most successful business models tend to have:
Value Proposition: A clear and compelling statement that outlines the benefits that a product or service provides to customers.Customer Segments: Identification of the specific groups of customers that the company aims to serve, based on their needs, preferences, behaviors, and characteristics.Channels: The different ways through which the company distributes and sells its products or services to its customers.Revenue Streams: Identification of the sources of revenue that the company generates from its products or services, such as sales, subscriptions, licensing, or advertising.Cost Structure: A clear understanding of the costs associated with creating and delivering the product or service, as well as the fixed and variable costs of running the business.Key Partnerships: Identification of the external partners, suppliers, or collaborators that are critical to the success of the business.Key Activities: The critical actions that the company must undertake to create and deliver its products or services to customers.Key Resources: The essential assets, capabilities, and resources that the business needs to create and deliver its products or services.Competitive Advantage: The unique strengths, advantages, or differentiators that the company has over its competitors.Customer Relationships: The types of relationships that the company establishes with its customers, such as personal assistance, self-service, or automated interactions.
If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?
As a manager in a company that operates in many countries, I would consider the following criteria to determine whether an application should be developed as a global application or a local application:
Market demand: The first criterion would be to determine if there is a global market demand for the application. If the application addresses a need that is common across multiple countries, it makes sense to develop a global application. However, if the application is specific to a particular country or region, it may be better to develop a local application.
Cultural considerations: Cultural differences between countries can be a significant factor when deciding whether to develop a global or local application. Certain features that are accepted or preferred in one country may not be well-received in another. Therefore, it is essential to understand the cultural preferences of the target audience and design the application accordingly.
Language: If the application requires support for multiple languages, it may make more sense to develop a global application. In contrast, a local application would only need to support the primary language spoken in the country or region.
Legal requirements: Legal and regulatory requirements can differ significantly from country to country. Therefore, it is essential to ensure that the application complies with local regulations, including privacy laws, data protection laws, and other relevant regulations.
Cost considerations: Developing a global application can be more expensive due to the need to consider cultural, legal, and language differences. Therefore, cost considerations should be taken into account when deciding between a global or local application.
By considering these criteria, a manager can determine whether an application should be developed as a global application or a local application.
2. Consider the following CVP analysis related with historical data from a company that makes an unusual type of Soap. This product market is characterized with high completion that as more units are produced competitors jump into the market, and the market price starts to declines. The company using spread sheet application that contains statistical functions determined the formulas given under for both the total revenue curve and the total cost curve.
R(x) = (–X 2 ÷ 100) + 10x-------------------------------------(1)
C(X) = 700 + 2X----------------------------------------(2)
Questions
A. Compute breakeven units. Suggest the possible units to be produced by the company , and discuss the cases where the company prefer among the alternatives of outputs to be produced at breakeven point.
B. Illustrate your analysis using a graphic technique for the CVP-analysis.
Answer:
A. To compute the breakeven units, we need to find the point where the total revenue equals the total cost, or R(x) = C(x). Substituting equations (1) and (2), we get:
(-x^2/100) + 10x = 700 + 2x
Simplifying and rearranging, we get:
-x^2/100 + 8x - 700 = 0
Multiplying both sides by -100 to eliminate the fraction, we get:
x^2 - 800x + 70000 = 0
Using the quadratic formula, we get:
x = (800 ± sqrt(800^2 - 4(1)(70000))) / 2(1)
x = (800 ± 400) / 2
x = 600 or 200
Therefore, the breakeven units are either 200 or 600.
If the company produces 200 units, it will break even but will not maximize profits. If it produces 600 units, it will also break even but will be operating at its maximum profit point. The company could choose to produce more than 600 units, but it would then incur losses due to the decreasing market price.
B. To illustrate the analysis using a graphic technique, we can plot the total revenue and total cost curves on the same graph.
First, we can solve for the total revenue and total cost at different levels of output, such as 0, 100, 200, 300, 400, 500, 600, 700, and 800 units, and then plot the points on a graph. Alternatively, we can use the equations (1) and (2) to generate the curves directly.
The total revenue curve is given by equation (1), which is a quadratic equation with a downward slope. The total cost curve is given by equation (2), which is a straight line with a positive slope. The breakeven point is where the two curves intersect.
Here is a graph that illustrates the CVP analysis:
As we can see from the graph, the breakeven point occurs at x = 200 and x = 600, where the total revenue curve intersects with the total cost curve. The point (200, 900) represents a breakeven point, but it is not optimal for profit maximization. The point (600, 1900) represents the optimal production level for profit maximization, where the company can break even and maximize profits.
You are the manager of a firm that charges customers $16 per unit for the first unit purchased, and $12 per unit for each additional unit purchased in excess of one unit. The accompanying graph summarizes your relevant demand and costs.
" A graph summarizes the relevant demand and costs of a firm.""The horizontal axis labeled quantity ranges from 0 to 7 in increments of 1. The vertical axis labeled price ranges from 0 to 20 in increments of 2. A line labeled D begins at the point (0, 18) goes down to the right and ends at the point (6, 6). A horizontal line labeled M C = A C passes through the point (0, 8) and intersects the line D at (5, 8)."
a. What is the economic term for your firm’s pricing strategy?
Second degree price discrimination
Fourth degree price discrimination
First degree price discrimination
Third degree price discrimination
b. Determine the profits you earn from this strategy.
$
c. How much additional profit would you earn if you were able to perfectly price discriminate?
According to the information, the additional profit earned by perfectly price discriminating would be $14.
What is the economic term for your firm’s pricing strategy?The economic term for the firm's pricing strategy is third degree price discrimination. This is because the firm charges different prices for different customer segments, based on their willingness to pay.
How to determine the profits you earn from this strategy?To determine the profits earned from this strategy, we need to find the quantity at which marginal cost equals marginal revenue. From the graph, we can see that the marginal cost (MC) is constant and equal to $8. The marginal revenue (MR) is given by the demand curve. At a quantity of 1, the MR is $16, and for each additional unit, the MR is $12. So, we can set MC = MR to find the profit-maximizing quantity:
$8 = $16 for the first unit
$8 = $12 for the additional units
Solving these equations, we get the profit-maximizing quantity to be 5 units.
To find the profit earned, we need to calculate the total revenue and total cost at this quantity. The total revenue is the sum of the price charged for each unit sold, which is $16 for the first unit and $12 for each additional unit:
Total revenue = (1 x $16) + (4 x $12) = $64
The total cost is the sum of the fixed cost and variable cost, which is given by the area under the MC curve up to the profit-maximizing quantity:
Total cost = $8 x 5 = $40
Therefore, the profit earned from this pricing strategy is:
Profit = Total revenue - Total cost = $64 - $40 = $24
How much additional profit would you earn if you were able to perfectly price discriminate?If the firm were able to perfectly price discriminate, it would charge each customer the maximum price they are willing to pay for each unit, resulting in higher profits. In this case, the firm's demand curve would be the same as the marginal revenue curve, and the profit-maximizing quantity would be where marginal cost equals the maximum price the customer is willing to pay for that unit.
From the graph, we can see that the maximum price a customer is willing to pay for the first unit is $18, and for each additional unit, it decreases by $2. So, the profit-maximizing quantity for each customer segment would be:
For customers willing to pay $18 per unit: MC = $8 = $18, so 1 unit is sold
For customers willing to pay $16 per unit: MC = $8 = $16, so 2 units are sold
For customers willing to pay $14 per unit: MC = $8 = $14, so 3 units are sold
For customers willing to pay $12 per unit: MC = $8 = $12, so 4 units are sold
For customers willing to pay $10 per unit: MC = $8, so 5 units are sold
For customers willing to pay $8 per unit: MC = $8, so 6 units are sold
For customers willing to pay less than $8 per unit: no units are sold
The total revenue earned would be:
Total revenue = (1 x $18) + (1 x $16) + (1 x $14) + (1 x $12) + (1 x $10) + (1 x $8) = $78
The total cost would still be the same as before, $40. Therefore, the additional profit earned by perfectly price discriminating would be:
Additional profit = Total revenue - Total cost - Profit from original pricing strategy
= $78 - $40 - $24
= $14
So, the additional profit earned by perfectly price discriminating would be $14.
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Which are two examples of direct distribution channels? (Choose two)
Question 2 options:
E-Commerce Sales
Door to Door Sales
Wholesaler Sales
Retail Sales
Answer: Door-to-Door Sales, and
E-Commerce Sales
Explanation:
A direct distribution channel is where a customer receives the product directly from the manufacturer. There is no third party involved in this process.
Door-to-Door Sales and E-Commerce Sales are two common examples of direct distribution channels.
Door-to-Door Sales - The salesman tries to sell the product directly to the customers.
E-Commerce Sales - It is a method of buying and selling goods and services online.
construct essay using the 4 factors of production
1. Land
2. Labour
3. capital
4. entrepreneurship
The four elements of production are land, labor, capital, and entrepreneurialism, according to economists.
The four most important production elements are what?The four production elements are examined in further detail below, along with how their interactions impact the financial markets:
Land is seen as a component of production since it contains the natural resources used to create a good or service. These resources might be either nonrenewable ones, like oil, gold, or water, or renewable ones, like forests, according to Edward Petersmarck, executive director of practice development at M&O Marketing.
According to John Traynor, chief investment officer of People's United Advisors, labor is the component of production on which we focus the most. Labor is the work that members of a workforce perform. Its value is determined by the human capital, or the skills, knowledge, training, and education of these individuals.
A factor of production is defined as a set of resources, such as capital goods, that were produced by people and used in the production of commodities or services. The hammer of a carpenter or an MRI machine used by a doctor are only two examples provided by Petersmarck. Contrary to what he asserts, it cannot be confused with money as the latter "can buy capital but is not used to produce capital."
The purpose of consumer goods is to be consumed, whereas the purpose of capital goods is to be produced. Another technique to distinguish between capital goods and consumer products is in this way. The difference between a business complex and an apartment complex is that the former is a capital good, the latter is a consumer good.
Entrepreneurs are those who combine capital, labor, and other factors of production to produce goods and services for a profit. As an example of the entrepreneurial element in manufacturing, you may think of Ray Kroc, a McDonald's franchisee.
An economist from Montclair State University named Luis Portes claims that entrepreneurial activity is the catalyst for innovation because it introduces fresh schemes for allocating resources like labor, capital, and land to the production of new goods and services.
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A manager paid on a salary basis
Group of answer choices
Exempt
Nonexempt
Minimum wage
Option (c), A supervisor who is compensated on a salary basis with minimum wage.
What is the bare minimum wage that may be earned in a job?The minimum wage is the lowest amount of money that an employer is required to pay wage earners for work completed within a specific time period and that is not subject to negotiation in a collective bargaining agreement or a contract between two parties.
What do wages and salaries signify in compensation management?Wage and salary management is the procedure of deciding on pay and payment structures and levels in corporate environments. The difference between wages and salaries is that salaries are equal payments that are specified in weekly, monthly, or yearly rates, whereas wages are remuneration for labor services that are often provided and are expressed as hourly rates.
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discuss any risks that could be involved in this method of financing and find out is it possible for Chloe to start her own business?
Chloe must go through the financial forecasting. Financial forecasts made to aid in any decision-making pertinent to predicting future business performance are referred to as financial forecasting.
Analysis of previous business performance, present business trends, and other pertinent elements are all part of the financial forecasting process. The nature and aim of the prediction will be explored later, although certain parts of financial forecasting may alter based on them.
If you don't regularly anticipate your finances, you're theoretically left in the dark. Regular forecasting provides several advantages for some of your company's core functions, such as budgeting annually, establishing practical corporate objectives, locating trouble spots, and minimizing financial risk.
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ANTS INC.,’s data is provided below for the upcoming January to March 2023
Information of current and anticipated trade transactions are as described in the following:
Values in ‘000 Nov TZS Dec TZS Jan TZS Feb TZS Mar TZS
Sales (credit) 128 138 94 114 132
Sales (cash) 115 125 80 100 120
Purchases (credits) 110 30 80 114 100
Purchases (cash) 45 42 88 110 42
Weeks per month 4 5 4 4 5
Values for each week (Values in ‘000 TZS TZS
Rent (paid) 0.4
Rent (received) 0.1
Wages:
Selling 6.8
Administration 1.8
Distribution 8.6 17.2
Other operational expenses:
Selling 1.8
Administration 0.5
Distribution 1.6 3.9
Trade receivables typically pays its debts in the number of ways:
* 85% paid in the period after the sale (such customers benefit from a 5% discount);
* 10% paid in the second period;
* 3% paid in the third period;
* The remainder is set off as bad.
Invoices for October were completely settled in December. Payment for trade payables is made in the period after the transaction. One receives a 5% rebate from 85% of the vendors. There is no rebate applied to the remainder 15%.
Extra working expenditures comprise a sum of TZS 800 per period for depreciation indicated below: (note period always refers to months)
Values in ‘000
Selling TZS 0.3
Administration TZS 0.2
Distribution TZS 0.3 TZS 0.8
Investment outlay of TZS 55,000 are incurred in February. At 31 December a TZS 175,000 debit balance in bank was available.
Required:
1. From information provided above, you are required to organize a comprehensive cash budget for January to March.
2. Briefly discuss the importance of cash budgets in business performance management.
Comprehensive cash budget for January to March:
To prepare the cash budget, we need to calculate the total cash receipts, total cash payments, and the net cash flow for each month.
What is cash budget ?
Here are the calculations for January to March:
January:
Total cash receipts = (94,000 × 0.85 × 0.95 × 1.04 × 128,000 / 1000) + (94,000 × 0.10 × 1.04 × 128,000 / 1000) + (94,000 × 0.03 × 1.04 × 128,000 / 1000) = 91.53 million TZS
Total cash payments = 110,000 × 0.85 × 1.04 × 1.04 × 1.04 + 45,000 × 1.04 + 0.8 million TZS = 102.28 million TZS
Net cash flow = Total cash receipts - Total cash payments = -10.75 million TZS
February:
Total cash receipts = (114,000 × 0.85 × 0.95 × 1.04 × 132,000 / 1000) + (114,000 × 0.10 × 1.04 × 132,000 / 1000) + (114,000 × 0.03 × 1.04 × 132,000 / 1000) + 55,000 = 121.35 million TZS
Total cash payments = 30,000 × 0.85 × 1.04 × 1.04 × 1.04 + 88,000 × 0.85 × 0.95 × 1.04 + 110,000 × 0.15 × 1.04 × 1.04 + 0.8 million TZS + 0.8 million TZS = 121.58 million TZS
Net cash flow = Total cash receipts - Total cash payments = -0.23 million TZS
March:
Total cash receipts = (132,000 × 0.85 × 0.95 × 1.04 × 132,000 / 1000) + (132,000 × 0.10 × 1.04 × 132,000 / 1000) + (132,000 × 0.03 × 1.04 × 132,000 / 1000) = 127.17 million TZS
Total cash payments = 100,000 × 0.85 × 1.04 × 1.04 × 1.04 + 42,000 × 1.04 + 0.8 million TZS + 0.8 million TZS = 100.37 million TZS
Net cash flow = Total cash receipts - Total cash payments = 26.8 million TZS
Based on the above calculations, the comprehensive cash budget for January to March is as follows:
Jan Feb Mar
Opening balance 175,000 -10,750,000 -10,983,000
Cash receipts 91,530,000 121,350,000 127,170,000
Total cash available 91,705,000 110,600,000 116,187,000
Cash payments -102,280,000 -121,580,000 -100,370,000
Net cash flow -10,575,000 -223,000 26,800,000
Closing balance 164,425,000 164,202,000 191
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Answer:
Explanation:
can i get the answer
What is fiscal policy? What would be the appropriate fiscal policy during the current economic situation?
Answer:
Fiscal policy refers to the use of government spending and tax policies to influence economic conditions, especially macroeconomic conditions.
Fiscal policy tools are used by governments to influence the economy. These primarily include changes to levels of taxation and government spending. To stimulate growth, taxes are lowered and spending is increased. This often involves borrowing by issuing government debt.
In the short term, the governments may focus on macroeconomic stabilisation by cutting taxes and increasing spending to boost a weak economy or increase taxes and reduce spending during inflation. In the long term, it may focus on sustainable growth and the reduction of poverty.
A debt to owners' equity ratio of over 100 percent would mean
Multiple Choice
the company is in too much debt, and should restructure.
the company has more equity than debt
the company has more debt than equity.
by comparison with other firms, the company is probably in good shape.
Answer:
A debt to owners' equity ratio of over 100 percent would mean that:
the company has more debt than equity.
Option C is the correct answer. A debt to owners' equity ratio of over 100% indicates that the company has more debt than equity. This means that the company is relying more on borrowing to finance its operations rather than relying on its own equity. A high debt to equity ratio could indicate that the company is taking on too much debt, which could increase its financial risk and make it more difficult to obtain further financing. It is generally considered unfavorable for a company to have a high debt to equity ratio, as it could make the company more vulnerable to economic downturns or other financial stress.
8. Cardinal Company needs 20,000 units of a certain part to use in its production cycle. The following information is available:
Cost of cardinal to make the part:
Direct materials $4
Direct labor 17
Variable overhead 7
Fixed overhead 10
$38
Cost to buy the part from the Oriole company $42
If Cardinal buys the part from Oriole instead of making it, Cardinal could not use the released facilities in another manufacturing activity. Sixty percent of the fixed overhead applied will continue, regardless of what decision is made.
What do you advise to the firm managers: shall the firm buy or make the product?
Answer:
To determine whether Cardinal should make or buy the part, we need to compare the total cost of making the part with the cost of buying the part.
The cost of making the part is:
Direct materials + Direct labor + Variable overhead + Fixed overhead applied = $4 + $17 + $7 + $10 = $38 per unit
The cost of buying the part is $42 per unit.
Since the cost of buying the part is greater than the cost of making it, Cardinal should make the part.
However, we also need to consider the fixed overhead that will continue regardless of what decision is made. Sixty percent of the fixed overhead applied will continue, so the relevant cost of making the part is:
Direct materials + Direct labor + Variable overhead + (60% x Fixed overhead applied) = $4 + $17 + $7 + (0.6 x $10) = $33.60 per unit
Since the relevant cost of making the part is less than the cost of buying it, Cardinal should make the part.
Therefore, based on the cost analysis, it is advisable for Cardinal to make the part rather than buying it.
Trailers R Us hired Ren, 26, on January 1, 2021. Ren is a member of the long-term family assistance target group. In 2022, he worked 375 hours with wages of $4,500.
In 2022, Trailers R Us hired Miroslava, 17. She worked from May 1 through September 1, totaling 425 hours with wages of $4,675.
Assuming Trailers R Us had no other qualified employees, what is the maximum Work Opportunity Tax Credit (WOTC) they can claim
If Trailers R Us hired Ren, 26, on January 1, 2021. the maximum Work Opportunity Tax Credit (WOTC) that Trailers R Us can claim for Ren and Miroslava is $2,550.
What is the maximum Work Opportunity Tax Credit (WOTC)?To calculate the maximum Work Opportunity Tax Credit (WOTC) that Trailers R Us can claim, we need to determine the tax credit rate for each employee and the maximum credit amount for each.
Ren is a member of the long-term family assistance target group. The tax credit rate for this group is 40% of qualified wages up to $10,000, which gives a maximum credit amount of $4,000 (40% of $10,000). Ren earned $4,500, but the credit is limited to 40% of the first $10,000 of qualified wages, which means the credit for Ren is $1,800 (40% of $4,500).
Miroslava is a summer youth employee. The tax credit rate for this group is 25% of qualified wages up to $3,000, which gives a maximum credit amount of $750 (25% of $3,000). Miroslava earned $4,675, but the credit is limited to 25% of the first $3,000 of qualified wages, which means the credit for Miroslava is $750.
Therefore, the maximum Work Opportunity Tax Credit (WOTC) that Trailers R Us can claim for Ren and Miroslava is $1,800 + $750 = $2,550.
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The reliability of a widely used microprocessor is typically expressed as time between fail-
ures (TBF). Suppose TBF is a right skewed distributed random variable that averages 3,000
cycles with a standard deviation of 54 cycles.
The purchaser will reject the shipment if the average of the 36 measurements falls
below some agree-upon value. What value would ensure that approximately 95% of all
shipments are accepted?
The value for the average of the 36 measurements should be set at 2,987 cycles to ensure that approximately 95% of all shipments are accepted.
What value would ensure 95% of all shipments are accepted?We will use the Central Limit Theorem which states that the distribution of sample means will be approximately normal as long as the sample size is large enough
Data:
n = 36.
We will calculate standard error of the mean (SEM) by dividing the standard deviation by the square root of the sample size:
= 54 / sqrt(36)
= 54 / 6
= 9
A 95% confidence level corresponds to a z-score of 1.96.
The confidence interval of the mean to find the lower bound of the interval is as follows:
= x ± z * (SEM)
= x - z * (SEM)
= 3,000 - 1.96 * (9)
= 2,987 cycle.
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What are the basic revenue models for online content, and what is their major challenge?
You ordered a machine for your business on 15 October 2020 from American Machines (Pty) Ltd, a supplier situated in the USA. The following information in relation to the machine purchased has been provided: . The machine was shipped, FOB shipping point, on 1 November 2020 and the pur- chase price of $50 000 was paid in full on the same day. The shipment arrived in Cape Town harbor on 1 December 2020. . On 5 December 2020, your business paid R20 000 for transportation fees to have the machine delivered to your factory premises. On 13 December 2020, your company paid R15 000 for special services acquired from an engineering company on to install the machine. On 2 January 2021, additional equipment had to be purchased to install the machine on the right platform for it to work as initially intended. Your business paid R140 000 for this additional equipment. The machine was finally ready to be used on 1 February 2021. The following exchange rate data was made available: Transaction detail: Date: Rand per dollar Order date 15 Oct 2022. 14.70 Shipping/Payment date 1 Nov 2020. 15.10 Harbour arrival date. 1 Dec 2020 17.00 Factory arrival date 5 Dec 2020 16.50 Ready to be used date 1 Feb 2021 14.00 4.1 Calculate the initial cost price at which the machine should be recognised.
Answer:
To calculate the initial cost price at which the machine should be recognized, we need to consider the purchase price, transportation fees, special services, and the cost of additional equipment.
Purchase price: $50,000
Using the exchange rate data, we can convert the purchase price to Rand at the order date:
$50,000 * 14.70 Rand/dollar = 735,000 Rand
Transportation fees: R20,000
No conversion is required for transportation fees as it is already in Rand.
Special services: R15,000
No conversion is required for special services as it is already in Rand.
Additional Equipment: R140,000
No conversion is required for the cost of additional equipment as it is already in Rand.
Now, let's calculate the initial cost price by adding up all the costs in Rand:
Initial cost price = Purchase price + Transportation fees + Special services + Additional equipment
Initial cost price = 735,000 Rand + 20,000 Rand + 15,000 Rand + 140,000 Rand
Initial cost price = 910,000 Rand
Therefore, the initial cost price at which the machine should be recognized is 910,000 Rand.
What does POS stand for in retail?
Answer:
point of sale
Explanation:
Answer: point-of-sale
Explanation: POS stands for point-of-sale in retail.
Match the following:
1. Market
2. Bartering
3. Trading
4. Labor
5. Labor Union
_organization that represents workers in the areas of wages, benefits, and work rules
_a place where buyers and sellers exchange goods and services
_ exchanging goods and services with or without the use of money
_exchanging goods and services without the use of money
_human resources used to produce goods and services