Buddy product's demand next year, given the increase in sales last year, and the competitive environment remaining unchanged, is b. 1207 units
How to find the product demand ?All of the 1, 128 units of Buddy were sold in the Nano segment which means that 1, 128 units is the current demand. The competitive environment did not change so the growth in sales and demand should be sustained.
This means that the product demand next year would be:
= Current demand x ( 1 + increase in sales )
= 1, 128 x ( 1 + 7 %)
= 1, 207 units
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FILL IN THE BLANK. Suppose that U.S. citizens suddenly become wealthier. As a result, the ____ for/of loanable funds ____, and borrowers are able to issue ____ stocks and bonds to finance capital improvements.
Suppose that U.S. citizens suddenly become wealthier. As a result, the supply for/of loanable funds increases, and borrowers are able to issue more stocks and bonds to finance capital improvements.
What does it indicate when there is a rise in the supply of loanable funds?Supply - The amount of money that is available for loans serves as a proxy for how every saver acts in a given economy. A saver is more willing to put money away if they can get a greater interest rate. When a result, the availability of loanable money indicates that as interest rates rise, there will be more savings on hand.
Does a rise in loanable money result in higher interest rates?The interest rate rises as the relative demand for loanable money rises. The interest rate decreases as the relative availability of loanable money rises. The supply of loanable funds is increasing while the demand for them is decreasing.
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under the uniform transfers to minors act (utma), a custodian may invest in all of the following except
Under the Uniform Transfers to Minors Act (UTMA), a custodian may invest in all of the following except blue-chip stocks on margin.
Securities in an account may not be acquired by a custodian on margin or used as collateral for loans.
The majority of states enacted the Uniform Transfers to Minors Act (UTMA), which extended the Uniform Gifts to Minors Act by authorizing the transfer of all types of property to minors, including bonds, real estate, and works of art. UTMA permits the transfer of property to a minor without the need for a formal trust.
When a UTMA custodial account's minor beneficiary achieves the age of maturity, the custodianship ends and they are granted full legal ownership of the account's contents. It's significant to remember that each state has a somewhat different maturity age. Typically, it is either 18 or 21.
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The infinitely dense point that all matter in the universe was squeezed into 13.82 billion years ago is referred to as ___
The infinitely dense point that all matter in the universe was squeezed into 13.82 billion years ago is referred to as the singularity.
The technological singularity—or surely the singularity—is a hypothetical destiny factor in time at which technological growth turns into uncontrollable and irreversible, ensuing in unforeseeable changes to human civilization. consistent with the most popular model of the singularity hypothesis, I.J. In generation, the singularity describes a hypothetical destiny wherein technology boom is out of manage and irreversible. those intelligent and powerful technologies will notably and unpredictably remodel our fact.
A singularity is a area of area where the curvature of spacetime will become infinite. because of the cosmic censorship conjecture, most singularities are hidden behind occasion horizons. Singularities are regions of area in which the density of matter, or the curvature of spacetime, turns into infinite.
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which of the following is not typically required to be included in the state registration application of a broker-dealer or investment adviser? a consent to service of process b business history of applicant c fingerprints of the officers d books and records of the broker-dealer used by the applicant
Option D is the correct answer.
Books and records of the broker-dealer used by the applicant is not typically required to be included in the state registration application of a broker-dealer or investment adviser.
The following information must be included in state registration applications for a broker-dealer or investment adviser:
The applicant's legal name and place of business; The applicant's proposed mode of operation; The qualifications and professional background of the applicant and each of its officers or partners;The applicant's financial situation and background; Any information to be provided to a client (the "brochure") if the applicant is an investment adviser; Any injunction, administrative order, or conviction of a misdemeanor regarding a security or any component of the securities business;For such more question on broker-dealers:
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A balance sheet that divides the various assets and liabilities into groups, such as current assets and current liabilities, is called a ________ balance sheet.
classified
A balance sheet that divides the various assets and liabilities into groups, such as current assets and current liabilities, is called a classified balance sheet.
The asset, liability, and equity totals on a classified balance sheet are the same as those on an unclassified balance sheet, but they are presented in more detail and are divided into different categories rather than being listed in the conventional balance sheet style. A balance sheet that divides assets, liabilities, and equity into discrete categories can be a valuable tool for your company. Use this guide to learn how to make one.
A balance sheet is a type of financial statement that shows your company's total assets, liabilities, and equity at a specific point in time.
Unclassified balance sheets are frequently used by smaller organizations, but if you're searching for a report that presents the same information in a more thorough manner, you should generate a classified balance sheet.
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According to Ian Maitland, the results of the ostensibly humanitarian changes urged by critics are likely to be all of the following except:
greater inequality and poverty
reduced exports
lower incomes in the informal sector
increase employment in the formal sector of the economy
According to Ian Maitland, the results of the ostensibly humanitarian changes urged by critics are likely to be all of the following except greater inequality and poverty.
"Helping those in need and saving lives at any time, wherever in the globe, is what it means to be a humanitarian. Therefore, being responsible, aware of the situations in which other people live, and providing for their needs without prejudice are necessary for humanitarian activity.
War, natural catastrophes, starvation, and/or disease outbreaks can all result in humanitarian crises. Children suffer horrifying physical, psychological, and social effects as a result of humanitarian disasters. Conflict, food hunger, and climate change have made it urgently necessary for mankind to pay attention, from Somalia to Venezuela.
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The following information is available for wildhorse company:
Sales
$455,000
Cost of goods sold
110,000
Total fixed expenses
80,000
Total variable expenses
120,000
Which amount would you find on Jimmy's CVP income statement?
Contribution margin is computed as sales less total variable expenses.
The CVP income statement will show Sales $450,000 - Total variable expenses $120,000 = Contribution margin of $330,000
Variable costs and fixed costs are typically separated in CVP revenue statements. Determining the contribution margin,the difference between total sales and total variable costs, is necessary in this situation.
The CVP Income Statement will Report a
Contribution Margin of $450000
The question is incomplete, Therefore,
A CVP income statement replaces the gross profit
computation in its report with the computation of
the Contribution Margin.
The CVP report will therefore report as follows
The sales = $450000
The Total Variable Expenses =$390,000
The Contribution Margin therefore =
The Sales - Total Variable Expenses
= $450000- $120000
= $33000.
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Assume that on January 1, 2018, a parent company acquired an 85% interest in a subsidiary's voting common stock. On the date of acquisition, the fair-value of the subsidiary's net assets equaled their reported book values except for machinery and equipment, which had a fair value of $780,000 and a reported book value of $325,000. the machinery and equipment had a 5-year remaining useful life and no salvage value. The following are the highly summarized pre-consolidation income statements of the parent and subsidiary for the year ended December 31, 2019:
Income Statement Parent Subsidiary
Revenues $2,808,000 $374,400
Equity income 81,770 -
Expenses (1,872,000) (187,200)
Net income $1,017,770 $187,200
For the year ended December 31, 2019, what amounts will be reported for (1) consolidated net income and (2) net income attributable to the noncontrolling interest, respectively, in the parent's consolidated financial statements?
a. $1,032,200 and $14,430
b. $1,017,770 and $14,430
c. $1,045,850 and $28,080
d. $1,204,970 and $28,080
A. $1,032,200 and $14,430. consolidated net income in the given question will be $1032200 and net income attributable to the noncontrolling interest is $14,430
Consolidated Net Income refers to the net income (or loss) of the Borrower and its Subsidiaries for any period calculated in accordance with GAAP on a consolidated basis for such period treated as a single accounting period.
For periods following the purchase, consolidated net income is shown on the consolidated income statement. The consolidated net income is divided into two parts: consolidated net income owing to controlling interest and consolidated net income attributable to non-controlling interests when the subsidiary is not entirely owned.
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Motorcycle Manufacturers, Inc. projected sales of 59,700 machines for the year. The estimated January 1 inventory is 6,290 units, and the desired December 31 inventory is 7,050 units. What is the budgeted production (in units) for the year?
The budgeted production (in units) for the year is calculated to be 60,460 units.
What is production budget and how to calculate it?The sales forecast and the anticipated amount of finished goods inventory to be on hand are combined to create the production budget, which determines the quantity of products that must be made.
The predicted sales for the year, the opening inventory balance, and the planned closing inventory value all influence the annual budgeted output. The relationship between every component is depicted below-
Estimated beginning inventory + budgeted production - projected sales = Desired inventory balance
6,290 + budgeted production - 59,700 = 7,050
Budgeted production = 7,050 + 59,700 - 6,290
Budgeted production = 60,460 units
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glacier bicycle company manufactures commuter bicycles from recycled materials. the following data for october of the current year are available: quantity of direct labor used 710 hrs. actual rate for direct labor $13.50 per hr. bicycles completed in october 330 bicycles standard direct labor per bicycle 2 hrs. standard rate for direct labor $13.80 per hr. a. determine for october the direct labor rate variance, direct labor time variance, and total direct labor cost variance. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.
Variance in the direct labor rate is -6250 fav. Variance in direct labor hours = 4800 Unfavorable. 1450 fav in total direct labor cost variation Process Work 116650 Dr.
Which company produces bicycles the most?(often referred to as Giant) is the largest bicycle designer and manufacturer in the world. It is based in Taiwan. Taiwan, the Netherlands, China, Hungary, and Taiwan all host Giant manufacturing sites.
Which bike brand needs the least upkeep?The top affordable bikes are the Hero HF 100, Bajaj Platina 110, Honda Livo, Honda CD 110 Dream, Hero Splendor iSmart, and Bajaj Platina 100. The best 160cc bikes in India are also inexpensive, low maintenance, and available here.
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suppose you deposit $ 2000 in an account with an annual interest rate of 7 % compounded quarterly. use the formula a
The amount of money in the bank after 5 years will be $7739.2 at the rate of 7% compounded quarterly when a principal amount of $2000 is deposited
Principal amount invested = $2000
Rate of interest = 7%
Using the formula to find the amount after 5 years:
A=P(1+r/n)^nt
where A = amount of money invested
r = rate of interest
n = number of years
t = time in years
Substituting the value in the formula we get the following:
A = 2000(1 + 0.07)^20
= 2000(1.07)^20
= 2000*3.8696
= $7739.2
So, the amount after 5 years will be $7739.2 at the rate of 7% compounded quarterly when $2000 is deposited in the bank
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The Taylor rule sets the target federal funds rate based on which of the following? A. the inflation rate only B. the unemployment rate only C. the output gap only D. both the inflation rate and the unemployment rate E. both the output gap and the inflation rate
The Taylor rule sets the target federal funds rate based E. both the output gap and the inflation rate. With output gap and the inflation rate, a federal target funding rate can be set.
The notion of inflation is a period at a certain time, where there is a decrease in purchasing power of the monetary unit. Inflation can arise if the value of money deposited in circulation is greater than the amount of goods or services offered.
Inflation that occurs is caused by an increase in demand for certain types of goods/services. In this case, the increase in demand for these types of goods/services occurs in aggregate (aggregate demand).
This can be caused by several factors, including:
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marshall inc. had beginning balances (january 1) of $200,000 and $5,000 for accounts receivable and the allowance for doubtful accounts, respectively. during the year, the company had the following transactions. sales $900,000 write-off of accounts 1,000 cash collections on account receivable 850,000 bad debt expense recorded 2,8001. Determine the cash receipts from customers reported in the operating activities section in the statement of cash flows assuming the direct method.2. Reconcile sales to cash receipts from customers.
Answer: increase in accounts receivable $47,200
Explanation:
ending balance- ( $249,000-$6800=$242,200)
LESS beg. balance ($200,000- $5000=$195000)
INCREASE in AR-$47200
when stock is issued in exchange for a noncash asset, the value recorded for the shares issued is best determined by the book value of the noncash asset. the market value of the shares. the par value of the shares. the contributed capital of the shares.
It is expected that the asset's value and the stock's worth are equivalent when stock is issued in exchange for non-cash assets. Take note that the issue price per share is the same as the par value. It is possible to determine the stock's worth, and the land's value is set at the same sum.
What is stock ?All the shares that make up a corporation or company's ownership make up its stock. A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
The amount that shareholders would get if a firm was liquidated and all of its debts were settled is known as the book value of a stock. The difference between a company's total assets and its liabilities is hence its book value.
Thus, It is possible to determine the stock's worth, and the land's value is set at the same sum.
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a(n) is a justification for a proposal showing that the recommended course of action is good for an organization and makes business sense.
a justification for a proposal showing that the recommended course of action is good for an organization and makes business sense: Business case
A business case is a project the executives report that makes sense of how the advantages of a project overweigh its expenses and why it ought to be executed. Business cases are ready during the project inception stage and their motivation is to incorporate every one of the project's targets, expenses and advantages to persuade stakeholders regarding its worth.
A business case is a significant project report to demonstrate to your client, client or partner that the project you're pitching is a sound speculation. Beneath, we show the moves toward keeping in touch with one that will influence them.
The requirement for a business case is that it gathers the monetary evaluation, proposition, methodology and promoting plan in one record and offers a full gander at how the project will help the association. When your business case is supported by the project stakeholders, you can start the project arranging stage
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research the company alibaba, and describe some reasons that you think it has been so successful.
Rather than costing for admittance, Alibaba charged for promotional and technical support services. This seeks to produce a considerable and solid pricing power comprised from dedicated customers.
The largest of Alibaba's profits—57% of the sum from commercials and keyword bidding. The Alibaba Company was established by Jack Ma and the other initial 17 founders. He established Alibaba, an online wholesale marketplace, in 1999. The Chinese sales increased to become one of the greatest valuable businesses in the world. The world is now aware of Alibaba. In September 2014, Alibaba gained notoriety with the largest IPO in history. The company has grown into all of the main markets in the globe, has a market cap that is among the top 10 globally, and has exceeded Walmart in global sales.
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If the U.S. dollar depreciates, it becomes cheaper for U.S. residents to travel in foreign countries. True or False
True. Travel abroad becomes more affordable for Americans if the value of the dollar falls.
Why is travel essential to living?Traveling is important because it exposes you to different beliefs and ways of being. You might be able to extend your perspective through developing new relationships with people and places and immersing yourself in diverse cultures. Gaining information and growing as a person might result from travel.
Why does traveling make you happy?Traveling makes us happy because it gives us the chance to leave behind our comfortable, self-constructed, plebian realities and gives us a chance to explore and put into practice the ideal selves we might become if we weren't bound by our fears and anxieties about our safety, security, and social standing.
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a(n) in current assets increases net working capital, thereby the risk of insolvency. decrease; increasing increase; increasing increase; reducing decrease; reducing
As per working capital concept, A(n) increase in current liabilities decreases net working capital, thereby increases the risk of technical insolvency.
What is meant by Working Capital?
In general terms, Working capital refers to the current assets minus current liability and it tells about company's day to day operation and indicates about financial capacity to pay its debt within a year.
Here we need to find the missing part in the statement a(n) in current assets increases net working capital, thereby the risk of insolvency.
Here we know that, the increase in the current liabilities implies that there is a decrease in working capital.
So, it implies that company has increased its debt which can result in the risk insolvency.
Therefore, option (B) is correct.
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which of the following is a small form of toxin-producing bacteria carried by ticks that causes rocky mountain spotted fever?
The following is a small form of toxin-producing bacteria carried by ticks that causes rocky mountain spotted fever is Rickettsia.
What is rickettsia?Rickettsia spread through the bloodstream and damage the microcirculation of the skin (rash), lungs (pneumonia), brain (encephalitis), and other organs. Generalized lymphadenopathy is unique among rickettsia diseases. Rickettsia diseases are a group of diseases with similar symptoms caused by bacteria of the genus Rickettsia. These bacteria are transmitted by being bitten by an infected tick or tick.
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The total flow of money into a country minus the total flow of money out of the country over some period of time is called the nation's balance of trade.
a. True
b. False
The country's balance of trade is calculated as the total inflow of money minus the total outflow of money during a given period of time. The said statement is true.
What is balance of trade?The balance of trade (BOT) is the difference between a country's imports and exports for a specific time period.
The balance of trade is a crucial element of a nation's balance of payments and a crucial gauge of that nation's trade. A country's trade surplus is indicated by a positive trade balance, while a trade deficit is indicated by a negative balance of trade.
The current account, financial account, and capital account are the three parts that make up the balance of payments.
Thus, the balance of Trade of a nation is referred to the total inflow of money minus the total outflow of money over a given period of time.
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TRUE/FALSE. changes in collateral values are not important when determining uncertainty in financial decisions
When assessing the degree of uncertainty in financial decisions, changes in collateral values are unimportant. True.
Which of the following is not considered when determining the uncertainty of financial decision-making?Changes in the values of the collateral are not relevant for determining the level of uncertainty in financial decisions.
Are the expenses the business has for its capital financial?The expenses a business incurs for its financial capital are known as costs of equity. The debt and equity claims that make up the liabilities side of the company's balance sheet are referred to as cost of equity. Due to the heightened financial risk brought on by increased financial leverage, equity costs rise as debt does.
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adam smith, the wealth of nations, 1776 question which of the following best summarizes the perspective of adam smith in the passage? responses a strong centralized government is necessary to maintain economic order. a strong centralized government is necessary to maintain economic order. lowering taxes increases investment and allows the free market to flourish. lowering taxes increases investment and allows the free market to flourish. the government should not be used to promote manufacturing. the government should not be used to promote manufacturing. civil liberties limit the power of the federal government to regulate the economy.
Adam smith, the wealth of nations, 1776 question which of the following best summarizes the perspective of Adam smith in the passage strong centralized government is necessary to maintain economic order.
In The Wealth of Nations, what does Adam Smith contend?Smith maintained that allowing everyone the freedom to create and trade commodities as they liked (free trade) and opening the markets to domestic and international competition would foster greater prosperity than could be achieved with strict governmental rules.
What does Adam Smith believe?His theories that wealth is produced via labor and that people use their resources to make money still have an impact on economics today. Adam Smith was a writer who held these views. The 21st century is a living testament to Adam Smith's views that economies flourish when there is free market competition and capitalism.
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Presented below is information related to the Accounts Receivable accounts of Gulistan Inc. during the current year 2017. 1. An aging schedule of the accounts receivable as of December 31, 2017, is as follows. 2. The Accounts Receivable control account has a debit balance of $372, 400 on December 31, 2017. 3. Two entries were made in the Bad Debt Expense account during the year: (1) a debit on December 31 for the amount credited to Allowance for Doubtful Accounts, and (2) a credit for $3, 240 on November 3, 2017, and a debit to Allowance for Doubtful Accounts because of a bankruptcy. 4. Allowance for Doubtful Accounts is as follows for 2017. 5. A credit balance exists in Accounts Receivable (60-90 days) of $4, 840, which represents an advance on a sales contract.
$7,280 is the Adjustment (Bad debt expense) if Presented below is information related to the Accounts Receivable accounts of Gulistan Inc. during the current year 2017.
Age Net debit balance Percent Uncollectible Allowance balance 0-60 days 172,342 1% 1,723 61-90 days 136,490+4,840 3% 4,240 91-120 days 39,924-3,240 6% 2,201 Over 120 days 23,644-3,700 25% 4,986
370,300 13,150
Balance of allowance for doubtful debts (A) = $8,750+$18,620-$3,240-$3,700 Correct balance (B) = $20,730 = $13,150 Adjustment (Bad debt expense) = $7,280
Accounts receivable (AR) is the remaining amount owed to a business for goods or services that have been delivered or consumed but have not yet been paid for by clients. The balance sheet classifies accounts receivable as a current asset. Customers' unpaid debt for goods they made with credit is referred to as AR.
The term "accounts receivable" refers to any unpaid bills or cash that a business is owed by customers. The word refers to accounts that a company is entitled to get as a result of delivering a good or service. Accounts receivable, also known as receivables, are a type of line of credit that a business extends to its customers, and its terms typically call for payments to be made within a short time frame.
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currently, your company is in the process of upgrading security in the company headquarters building by installing biometric sensors to limit access to specific rooms.your network switches are poe-enabled, which allows biometric sensors to connect to switches without an external power source.which of the following poe standards is designed for use with biometric sensors?
Currently, your company is in the process of upgrading security in the company headquarters building by installing biometric sensors to limit access to specific rooms. Your network switches are PoE-enabled, which allows biometric sensors to connect to switches without an external power source. PoE+ standards is designed for use with biometric sensors.
Between PoE and PoE+, what is the difference?The amount of power delivered is the primary distinction between PoE+ (IEEE 802.3at) and PoE (IEEE 802.3af standard). PoE+ can supply up to 30 watts over Cat5 cables, with 25.5 watts of that power being made available to devices, compared to PoE's 15.4 watts over the same cables. Between PoE and PoE+.
What does PoE (Power over Ethernet) mean?In addition to the data that twisted-pair Ethernet cables typically carry, powered devices (PD) like VoIP phones, IP cameras, and wireless access points can also receive electric power using PoE technology.
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hedonism, the word, relates to the pursuit of pleasure and pleasurable sensations. hedonism is a big deal in the marketing world where most consumer decisions are driven, directly or indirectly, by the pursuit of pleasure or the desire to avoid pain.
The word "hedonism" refers to the pursuit of pleasure and gratifying experiences. In the realm of marketing, hedonism is a serious concern since the majority of customer choices are motivated, either directly or indirectly, by the desire to experience pleasure or the avoidance of suffering. Both claims are accurate. The right response in this case is option A.
Consumer behavior that seeks sensory enjoyment or hedonistic advantages from engagement with products or services is the focus of hedonistic consumption.
Hedonism is the idea that the morality of a proposed course of action should be judged primarily on the basis of pleasure or the absence of suffering. Pleasure can be "sex, drugs, and rock 'n' roll," but it can also be any activity that is genuinely worthwhile, such as reading a good book.
Complete question:
Hedonism, the word, relates to the pursuit of pleasure and pleasurable sensations. Hedonism is a big deal in the marketing world where most consumer decisions are driven, directly or indirectly, by the pursuit of pleasure or the desire to avoid pain.
1) Both statements are true
2) Both statements are false
3) Statement 1 is true, and statement 2 is false
4) Statement 1 is false, and statement 2 is true
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from time to time, some of the activities within the eight major functions of marketing are eliminated to provide for a more effective marketing process. t/f
This statement is false: As products and services flow from manufacturer to consumer, the marketing process completes a number of tasks. Not every firm performs all of these tasks or duties.
Certain tasks are carried out by the marketing process as the products and services. Following are some of the key duties of marketing:
1. Selling - Selling is crucial to achieving the ultimate goal of making profit. Personal selling, advertising, publicity, and sales promotion are all effective ways to increase sales. The level of a company's profits and profitability is determined by its effectiveness and efficiency in selling.
2. Purchasing and Putting Together: It concerns what to purchase, of what kind, from whom, in what quantity, at what time, and for what cost. Businesses make purchases in order to boost sales or save costs. Quality, service, and price have a big impact on purchasing agents.
3. Transportation - From the purchase of raw materials through the delivery of finished goods to the customer's locations, transportation is crucial. Railroads, trucks, rivers, pipelines, and air transportation are the key components of marketing.
4. Storage - Commonly referred to as warehousing, the storage of goods in numerous warehouses located in various locations. Warehouses should be located in areas where distribution of commodities is likely to be simpler and less expensive.
5. Standardization and Grading - Standardization and grading are the two processes that aid in marketing. Standardization refers to the creation of guidelines or requirements for goods based on the fundamental physical characteristics of any good or service.
6. Financing - This involves using capital to help agencies that deal with diverse marketing operations achieve their financial needs. The services to supply the necessary credit and funds, as well as the expenses associated with getting products into the hands of consumers, are collectively referred to as the finance function in marketing.
7. Taking a Risk - A risk is a loss that results from future unanticipated situations. In marketing, the term "risk bearing" refers to the financial risk interest in the ownership of goods held for a projected demand, including potential losses due to a decline in prices as well as losses from spoilage, depreciation, obsolescence, fire and floods, or any other loss that may develop over time.
8. Market Information - This facilitating role of marketing's relevance has only recently come to light. Only accurate and timely market information can serve as a solid basis for marketing decisions. Correct facts and knowledge lower the aforementioned dangers, which in turn lowers costs.
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Cranston Cranberry Cooperative (CCC) processes cranberries that are harvested in the local area. Barrels of cranberries arrive on trucks to CCC’s facility at a rate of 150 barrels per hour and are processed continuously at a rate of 100 barrels per hour. Trucks arrive at a uniform rate over 8 hours, from 6:00 a.m. until 2:00 p.m. What is the maximum number of barrels of cranberries that are waiting on the trucks at any given time?
A. 100 barrels
B. 200 barrels
C. 400 barrels
D. Infinitely many barrels
400 barrels is the maximum number of barrels of cranberries that are waiting on the trucks at any given time.
BarrelsA barrel is one of numerous volume measures used in various settings; there are dry barrels, fluid barrels (such as the UK and US beer barrels), oil barrels, and so on. Our Wide Mouth Type barrels are easy to handle. These barrels, made of high-quality food-grade plastic, provide non-toxic storage for a variety of fluids such as oils, water, and chemicals. Because there are no joints or welds, these barrels are leak resistant. Barrels Direct offers a service unlike any other used oak barrel resource, thanks to our Quality Guarantee, in-house River Drive cooperage and millwork shop, proprietary Fiber Infusion Technology TM, and significant shipping expertise at some of the best prices in the industry.
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neil's bakery is famous for its giant cinnamon buns. the bakery has fixed costs of 100 dollars. neil must pay each other
Neil has to hire 3 workers (B) to maximize his profits after the incrase of the fixed costs.
From the case, we know that:
New fixed costs = $200
Wages per worker = $10.00 per hour
Selling price = $2.00 per unit
Remember that:
VC = Total hours x wages per worker per hour
Total revenue = selling price x quantity produced
To find the maximum profits, we have to find the total revenues, total costs and expected profits for each scenario. The total revenues, total costs and expected profits are:
No. of Total Q produced Total Revenue VC FC Profit
workers hours
1 80 750 $1,500 $800 $200 $500
2 160 1,400 $2,800 $1,600 $200 $1,000
3 240 2,000 $4000 $2,400 $200 $1,400
4 320 2,100 $4,200 $3,200 $200 $800
5 400 2,150 $4,300 $4,000 $200 $100
Based on the calculation above, the maximum profit occurs if Neil hire 3 workers and sell 2,000 buns.
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Complete Question:
(Refer to table attached below)
Neil's Bakery is famous for its giant cinnamon buns. The bakery has fixed costs of $100. Neil must pay each worker a wage of $10.00 per hour. The table shows how many cinnamon buns he can produce with his labour force. He can sell each cinnamon buns for $2. Suppose the fixed costs rise to $200, how many workers should be hire now to maximize profits?
a. 2 workers
b. 3 workers
c. 4 workers
d. 5 workers
renee works as a respected senior engineer for a large manufacturer of pharmaceutical process equipment. several researchers within the company have discovered an innovative way to repackage pharmaceutical drugs. the company has given renee the opportunity and responsibility to lead a fully funded project team for 12 months to develop this idea. she is excited to lead this team.
Renee works as a respected senior engineer for a large manufacturer of pharmaceutical process equipment. several researchers within the company have discovered an innovative way to repackage pharmaceutical drugs. the company has given Renee the opportunity and responsibility to lead a fully funded project team for 12 months to develop this idea. she is excited to lead this Skunkworks team.
Skunk Works is an associate official pseudonym for Lockheed Martin's Advanced Development Programs (ADP), erst called Lockheed Advanced Development Projects. It is to blame for a variety of craft designs, starting with the P-38 Lightning in 1939 and the P-80 Shooting Star in 1943. Skunk Works engineers afterward developed the U-2, SR-71 Blackbird, F-117 Nighthawk, F-22 Raptor, and F-35 Lightning II, the latter getting used within the air forces of many countries.
The Skunk Works name was taken from the "Skonk Oil" plant in the comic strip Li'l Abner. The designation "skunk works" or "skunkworks" is widely utilized in business, engineering, and technical fields to explain a bunch inside a corporation given a high degree of autonomy and unhampered by bureaucracy, with the task of operating on advanced or secret projects.
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Suppose you are analyzing data for an economy in which Ricardian equivalence holds true. If the budget deficit increases by 50, then: O private savings will increase by 50 or less. O private savings will decrease by 50 or more. O investment will decrease by 50 or less. o investment will increase by 50 or more.
An analyzing data for an economy in which Ricardian equivalence holds true. If the budget deficit increases by 50, then private savings will increase by 50 or less.
When expenditure exceeds revenue, it is said to be in a fiscal deficit. Although it is frequently utilized by governments, this also has a wide range of applications for people and companies.
Long-term effects of rising federal budget deficits on the economy include a decline in national savings (the total amount of savings made by individuals, firms, and governments), which in turn affects the amount of money available for private investment in productive capital.
In other words, a current-account deficit results from a budget deficit. The budget deficit of a nation often tends to short-term push out domestic investments. Economic activity would decrease as a result of this.
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