FILL IN THE BLANK both ________ and ________ increase as the safety inventory is increased

Answers

Answer 1

Both inventory holding costs and the level of service increase as the safety inventory is increased.

When safety inventory is increased, it leads to higher inventory holding costs. Holding costs include expenses such as storage, insurance, and obsolescence. As more inventory is held as a safety buffer, these costs accumulate. Additionally, the level of service also increases as safety inventory is augmented. Safety inventory acts as a buffer against demand variability and supply disruptions, allowing for a higher level of product availability and customer satisfaction. By having more safety inventory, companies can meet unexpected demand fluctuations and minimize stockouts, thus improving their service levels to customers.

Learn more about customers here:

https://brainly.com/question/31192428

#SPJ11


Related Questions

Match each investment or savings option with the income source(s) it provides to investors.

Answers

Answer:

huh im confused

Explanation:

have a day ig

The correct match for investment or saving is:

Investment/savings                         Income sources

Trading in Bonds:                            Capital Gains and interest income

Buying and selling properties:       Capital gains only

Trading in company stocks:           Capital gains and Dividends

Opening a CD account:                  Interest Income only

What is an investment?

The classic definition of investment is "commitment of resources to realize benefits in the future." An investment is a "commitment of money to receive more money later" if money is involved. An investment is described as "to tailor the pattern of expenditure and receipt of resources to optimize the desirable patterns of these flows" from a more general perspective.

The net monetary reception during a time period is referred to as cash flow when expenditures and receipts are stated in terms of money, whereas money received over the course of numerous time periods is referred to as cash flow stream. The use of scientific methods, often mathematical ones, in the investing process is known as investment science.

Learn more about investment here:

https://brainly.com/question/15105766

#SPJ1

You are evaluating a project that will require an investment of $19 million that will be depreciated over a period of 15 years. You are concerned that the corporate tax rate will increase during the life of the project.

a. Would this increase the accounting break-even point?

b. Would it increase the Financial break-even point?

Answers

a. Yes, an increase in the corporate tax rate would increase the accounting break-even point.

b. No, it would not increase the financial break-even point.

Does an increase in the corporate tax rate affect the accounting and financial break-even points differently?

An increase in the corporate tax rate would impact the accounting break-even point but not the financial break-even point. The accounting break-even point represents the level of sales at which total costs, including depreciation, are equal to total revenue.

Since depreciation is a tax-deductible expense, a higher tax rate would result in lower after-tax cash flows, thereby increasing the accounting break-even point. On the other hand, the financial break-even point considers only the variable costs and fixed costs, excluding depreciation and taxes. Therefore, a change in the tax rate does not affect the financial break-even point.

Learn more about Corporate tax

brainly.com/question/30092521

#SPJ11

_____has emerged as a cost-leading manufacturer of products ranging from consumer goods to industrial equipment. Multiple Choice China Mexico United States Russia

Answers

China has emerged as a cost-leading manufacturer of products ranging from consumer goods to industrial equipment.

With its vast population, abundant labor force, and lower production costs, China has become a global manufacturing hub. The country's manufacturing sector benefits from economies of scale, extensive supply chains, and a competitive advantage in terms of cost-efficiency. China's manufacturing prowess is supported by its infrastructure development, skilled workforce, and favorable government policies that attract foreign investment. The country has developed specialized industrial zones and manufacturing clusters, fostering collaboration and innovation within the sector.

Additionally, China's manufacturing industry has embraced technological advancements, automation, and improved production processes, further enhancing its cost competitiveness. These factors have positioned China as a leading manufacturing destination, allowing it to produce a wide range of products at competitive prices, both for domestic consumption and global export. As a result, China has gained a significant share of the global manufacturing market and remains a key player in the industry.

To know more about consumer goods click here

brainly.com/question/31165714

#SPJ11

Demand and supply function for good X is given as follows: Qd = 1600-20P; Qs = -800+40P
1.Find the equilibrium price (5 marks)
2.How will demand and supply change if:
a. A ceiling price is set at $30 (10 marks)
b. A floor price is set at $50 (10 marks)
3.Explain why governments institute price ceilings and floors. (15 marks)
Requirement: 1,500 words (total)

Answers

The equilibrium price is determined by setting the quantity demanded equal to the quantity supplied. The demand and supply functions are as follows: Qd = 1600 - 20P Qs = -800 + 40P Substituting Qd and Qs, we get: 1600 - 20P = -800 + 40P Simplifying, we have: 60P = 2400P = 40 Therefore, the equilibrium price is P = 40.

To find the equilibrium price, we need to find the price at which the quantity demanded (Qd) equals the quantity supplied (Qs).

Given:

Qd = 1600 - 20P

Qs = -800 + 40P

At equilibrium, Qd = Qs:

1600 - 20P = -800 + 40P

To solve for P, we can simplify the equation:

1600 + 800 = 20P + 40P

2400 = 60P

Dividing both sides by 60:

P = 2400/60

P = 40

Therefore, the serenity price (P) is 40.

To know more about quantity demanded please refer:

https://brainly.com/question/1692392

#SPJ11

Which of the following accounts would be classified as a current asset on a classified balance sheet? Multiple Choice a. Equipment b. Accumulated Depreciation c. Dividends d.Supplies

Answers

Based on the classification of balance sheet accounts, the correct answer would be d. Supplies.

How to explain the information

Current assets are those that are expected to be converted into cash or used up within one year or the operating cycle of a business, whichever is longer. Supplies are typically consumed or used up within a year, making them a current asset.

Equipment is generally classified as a long-term or non-current asset. It represents items used in the production or operation of a business and is not expected to be converted into cash within a year.

Accumulated Depreciation is not a separate account but rather a contra-asset account that offsets the cost of the related asset (such as equipment or property).

Leaen more about balance sheet on

https://brainly.com/question/1113933

#SPJ4

4) What is the subject of the east pediment at the
Parthenon?

Answers

The subject of the east pediment at the Parthenon is the birth of the goddess Athena from the head of her father Zeus.

What is the Parthenon?

The Parthenon is an ancient temple located in Athens, Greece, on the Acropolis hill. It was constructed between 447 and 432 BCE during the height of the Athenian Empire as a monument to the goddess Athena, the city's patron deity.

The temple's construction was supervised by the sculptor Phidias, who oversaw the creation of the building's iconic sculptures and decorative details.The temple features two pediments, one on the east side and the other on the west side.

Learn more about Parthenon at;

https://brainly.com/question/28865213

#SPJ11

Sporting events are not:

a. Predictable
b. Subjective
c. Ephemeral
d. Social experiences

Answers

The statement “Sporting events are not:” is followed by four answer choices: a. Predictable, b. Subjective, c. Ephemeral, and d. Social experiences. Among these options, the answer is b. Subjective.

A sporting event refers to an organized sports competition or game that takes place between two or more teams or individuals. Sporting events can be divided into various categories, such as individual sports and team sports, and may be amateur or professional in nature. Sporting events are a popular form of entertainment and are attended by millions of people worldwide. They offer excitement, drama, and intense competition to fans, as well as the opportunity to see some of the world's best athletes in action. They are also an excellent way for people to come together, socialize, and share a common interest.

Sporting events also have significant economic and cultural impacts on the cities and countries that host them. They bring in visitors, create jobs, and increase tourism revenues.How are sporting events subjective?The word "subjective" refers to something that is based on personal opinions, feelings, or beliefs rather than facts. Sporting events can be subjective because different people may have different opinions on who the best team or player is, or who deserves to win the game. Some may feel that a particular referee or umpire made a biased decision, while others may disagree. Additionally, individual sports, such as gymnastics, figure skating, and diving, rely on judges to award points based on their subjective evaluations of each athlete's performance, which can sometimes be controversial. Thus, it is safe to say that sporting events are subjective. The answer is b. Subjective.

To learn more about sporting events, visit here

https://brainly.com/question/13474473

#SPJ11

How taxable benefit for an automobile provided by the employer
is calculated? Please explain the calculation using an appropriate
example.

Answers

The taxable benefit for an automobile provided by an employer is calculated based on the personal use of the vehicle by the employee. The Canada Revenue Agency (CRA) provides guidelines for calculating the taxable benefit.

Consider a situation where an employee receives a company car worth $40,000 and uses it for both work and personal travel. Determining the car's personal use is necessary.

The standby fee is computed using the car's original purchase price. The standby charge rate for 2022 is 27%.

Standby charge = Original cost of the car × Standby charge rate

Standby charge = $40,000 × 27% = $10,800

For 2022, the operating cost benefit rate is $0.28 per kilometer

Operating cost benefit

= Total kilometers driven × Operating cost benefit rate

Operating cost benefit = 10,000 kilometers × $0.28/kilometer = $2,800

Total taxable benefit = Standby charge + Operating cost benefit

Total taxable benefit = $10,800 + $2,800 = $13,600

Learn more about taxable benefit at:

brainly.com/question/32175783

#SPJ4

A solution for autocorrelated residuals is to estimate the model in first differences rather than in levels, explain the problem that might arise by estimating the model entirely in first differences.

Answers

Estimating a model entirely in first differences can help address autocorrelation issues by removing the serial correlation in the residuals. However, there are potential problems that can arise from using this approach:

1. Loss of information: When differencing the data, the original levels of the variables are lost. This means that the interpretation of the estimated coefficients becomes challenging, as they represent the change in the variables rather than their actual levels.

2. Nonstationarity: Differencing the data can introduce nonstationarity issues, especially if the original variables are integrated or have a trend. Nonstationarity can lead to spurious regression results, where the relationship between variables is observed even though they are not truly related.

3. Loss of long-term relationships: Estimating in first differences may overlook important long-term relationships between variables. If there are cointegrating relationships among the variables, differencing the data can disrupt these relationships and fail to capture their long-run dynamics.

4. Loss of explanatory power: Differencing reduces the variability of the variables, which can result in a loss of explanatory power in the model. Important information contained in the levels of the variables may be omitted, leading to less accurate and less reliable estimates.

5. Interpreting coefficients: Estimating in first differences can make it difficult to interpret the coefficients as the changes in the variables are not directly comparable to their original units. It becomes challenging to understand the economic or practical significance of the estimated coefficients.

In summary, estimating a model entirely in first differences can help address autocorrelation, but it comes with potential drawbacks such as loss of information, nonstationarity issues, loss of long-term relationships, loss of explanatory power, and difficulties in interpreting the coefficients. It is important to carefully consider these trade-offs before deciding to estimate a model in first differences.

To know more about coefficients visit-

brainly.com/question/14989276

#SPJ11

why did gni per capita begin to increase notably in india after 1990?

Answers

After 1990, India experienced notable increases in GNI per capita due to economic reforms and liberalization policies. These changes encouraged foreign investment, improved productivity, and boosted various sectors, leading to higher economic growth and income levels for individuals.

In the 1990s, India implemented significant economic reforms that aimed to liberalize the economy and remove barriers to trade and investment. This included reducing government regulations, opening up sectors to foreign investment, and encouraging entrepreneurship. These reforms led to increased competition, productivity gains, and technological advancements, resulting in higher economic growth rates. Sectors such as information technology, services, and manufacturing flourished, attracting foreign investment and generating employment opportunities. As a result, the average income of individuals rose, leading to a notable increase in GNI per capita.

Learn more about employment here:

https://brainly.com/question/17459074

#SPJ11

On October 1, a corporation had 200,000 shares of $4 par value common stock, and $1,000,000 of retained earnings. The operation decides a 2-for-1 stock split. The general journal entry to record this transaction are: A. Retained earnings (debit) and common stock (credit). B. Retained earnings (debit) and common stock split distribution (credit). C. Retained earnings (debit) and Stock split (credit). and MICS D. No journal entry.

Answers

C. Retained earnings (debit) and Stock split (credit).A corporation's stock split is a reduction in the number of shares outstanding to make the shares more affordable to investors.

It is done by increasing the number of outstanding shares in proportion to the number of outstanding shares. On October 1, the corporation has 200,000 shares of $4 par value common stock and $1,000,000 of retained earnings. It means the corporation has $800,000 ($4*200,000) in the common stock account. The company declared a 2-for-1 stock split.

It means the number of outstanding shares will double, and the par value will reduce by half. The company will have 400,000 outstanding shares of $2 par value common stock. The general journal entry to record this transaction is to debit retained earnings for $800,000 (200,000 shares * $4 par value per share) and credit the stock split account for $800,000. The split account will show up in the equity section of the balance sheet.

To know more about corporation's refer here : brainly.com/question/29894040

#SPJ11

Tata Motors and Exporting OPENING CASE Tata Motors Limited (tatamotors.com) was formerly called TELCO, an abbreviation for Tata Engineering and Locomo- tive Company. Today. Tata Motors is an Indian multinational automotive company headquartered in Mumbai and a core member of the very successful Tata Group. The Tata Group was founded in 1868 and has annual sales of more than $105 billion U.S. dollars, of which Tata Motors makes up about INR 262,796 crores or about $42 billion U.S. dol- lars. Tata Motors has more than 60,000 employees, was founded in 1945, and serves a worldwide clientele with Tata Motors Cars, Jaguar Land Rover, Tata Daewoo, and Tata Hispano. The company entered the passenger vehi- cle market in 1991 with the launch of the model Tata Sierra (a three-door sport utility vehicle). Tata Motors thrives in exporting, strategically using ex- porting as a global vehicle to sell cars worldwide, as well as to help offset cyclical tendencies in sales in the home market of India. Tata Motors exported about 55,000 com- mercial vehicles last year and plans to export 100,000 commercial units within two years. The target for the increase in exporting is everywhere worldwide except Europe and North America. The global strategy for Tata Motors specifically includes making deeper inroads into the Middle East, Africa, and Latin America. As the fourth-largest bus manufacturer globally. Tata Motors provides innovatively designed and technologi- cally sophisticated buses for the smart cities of tomorrow. The buses personify safety and comfort, reliability and profitability Designed using the most advanced technol- ogy. Tata Motors' bus chassis are a benchmark in terms of performance and reliability in the bus industry. Fully fin- ished, built buses from Tata Motors are often viewed as a hallmark of excellence, and these buses have been de- signed with the utmost quality standards in mind. Tata Motors exports buses and trucks to nearly 47 countries, including 18 countries in Africa; four markets in Latin America; Russia, and various countries in Europe, the Middle East, and Asia Pacific. Some of the popular vehicles exported include the company's globally benchmarked range of Prima and Ultra. These brands have been devel- oped with modern design and global markets in mind. Tata Motors also export a variety of premium buses and coaches, from luxurious intercity travel vehicles to safe transportation choices for elementary school children. The buses come in 12 seaters to 67 seaters. Additionally, in the pickup and small commercial vehicle (SCV) segments, Xenon XT and Super Ace have been popular choices in many of the countries. Future exporting activities for Tata Motors are mainly planned to target an increased presence in emerging countries (e.g., Africa, Asia Pacific, Middle Eastern, and Latin America). The company will place its worldwide bets -class products like the Xenon, Super Ace, Prima, and Ultra range of trucks. The overall exporting goal is to continue to enter into new markets and keep expanding the global footprint of Tata Motors. Sources: Shally Seth Mohile, "Tata Motors Plans to Double Export of Commercial Vehicles in Two Years," Live Mint September 16, 2016 "Tata Motors Exports Up 12% in December at 5.119 Units." Indian Infor- mation Online (IFL), January 2, 2017: 'Tata Motors Expect 30% Growth in Exports, Business Standard. October 23, 2015. Discuss the importance of exports to Tata Motors. Why has the company chosen to export?

Answers

Tata Motors thrives in exporting, strategically using exporting as a global vehicle to sell cars worldwide, as well as to help offset cyclical tendencies in sales in the home market of India.

Future exporting activities for Tata Motors are mainly planned to target an increased presence in emerging countries (e.g., Africa, Asia Pacific, Middle Eastern, and Latin America). The company will place its worldwide bets -class products like the Xenon, Super Ace, Prima, and Ultra range of trucks.

The overall exporting goal is to continue to enter into new markets and keep expanding the global footprint of Tata Motors. Thus, the company has chosen to export due to the following reasons:To expand its global footprint.To offset cyclical tendencies in sales in the home market of India

To target an increased presence in emerging countries like Africa, Asia Pacific, Middle Eastern, and Latin America.To continue to enter into new markets.

To know more about global vehicle, refer to the link:

https://brainly.com/question/29571556#

#SPJ11

For governments, the distinguishing characteristic will be

A.
Imposing taxes on taxpayers

B.
Building roads or schools

C.
Charging customers for services

D.
They are required to be audited every year

Answers

Therefore, the distinguishing characteristic for governments is "imposing taxes on taxpayers. "Therefore, option A is correct.

For governments, the distinguishing characteristic will be "imposing taxes on taxpayers."

A government is a system or a group of people that control the affairs of a nation, country, or state. Its primary duty is to uphold the law, maintain order, and provide fundamental services to citizens. Also, it is responsible for building infrastructure such as schools, roads, and hospitals.

Governments impose taxes on taxpayers a significant characteristic of a government is its ability to tax its citizens. Taxation is the primary way for a government to generate revenue. By imposing taxes, governments can provide citizens with the services they require, including healthcare, security, education, and other services.

Most developed countries have a complicated taxation system that includes various taxes such as income tax, property tax, sales tax, and others.

Furthermore, the government uses taxes to regulate economic activities, reduce income inequality, and encourage economic growth.

Therefore, the distinguishing characteristic for governments is "imposing taxes on taxpayers. "Therefore, option A is correct.

TO know more about governments visit:

https://brainly.com/question/4160287

#SPJ11

Manama Trading has 5 8,000 of cash sales that are subject to an additional 8% sales tax, what is the journal entry to record the cash sales in the company books? A Debit Cash $ 8.000; credit Sales $ 7,360 credit Sales Taxes Payable $ 640. B. Debit Cash $ 8,640, credit Sales $ 8,000, credit Sales Taxes Payable $ 640 C. Debit Cash $8,000, credit Sales $8,000, and record the taxes when paid. D. Debit Sales Taxes Payable $ 640, debit Cash $7,360, credit Sales $ 8,000

Answers

The correct journal entry to record the cash sales in the company books would be: A. Debit Cash $8,000; Credit Sales $7,360; Credit Sales Taxes Payable $640.

The correct journal entry to record the cash sales in the company books would be: A. Debit Cash $8,000; Credit Sales $7,360; Credit Sales Taxes Payable $640. This entry reflects the cash received from the sales, the revenue generated from the sales, and the sales tax liability incurred. The debit to Cash represents an increase in the company's cash account due to the cash sales. The credit to Sales reflects the revenue generated from the sales, which is recorded at the net amount after deducting the sales tax. The credit to Sales Taxes Payable represents the liability created for the sales tax that will be remitted to the appropriate tax authorities. The entry properly captures the cash received, the revenue earned, and the sales tax obligation. By recording the sales taxes payable separately, it ensures that the company recognizes the sales tax liability and can account for it appropriately when it is remitted to the tax authorities. Therefore, the correct answer is option A. Debit Cash $8,000; Credit Sales $7,360; Credit Sales Taxes Payable $640.

For more question on company

https://brainly.com/question/6528766

#SPJ11

xavier us single and his agi is $73200. he incurred the following unreimbursed medical expenses
$4900 hospital and ambulance
$550 prescriptions
$2500 doctor and dental copays
$300 prescription eye glasses
what amount of medical expenses can he deduct on sch a
a) $0
b) $930
c) $2760
d) $8250

Answers

Xavier can deduct $2,760 of his medical expenses on Schedule A.

How to find the  amount of medical expenses can he deduct on sch A

For tax year 2022, the threshold for deducting medical expenses is 7.5% of the taxpayer's AGI.

Therefore, Xavier can only deduct the portion of his medical expenses that exceeds 7.5% of his AGI.

Let's calculate the deductible amount:

7.5% of $73,200 AGI = $5,490

Total medical expenses incurred by Xavier = $4,900 (hospital and ambulance) + $550 (prescriptions) + $2,500 (doctor and dental copays) + $300 (prescription eyeglasses) = $8,250

Since the total medical expenses ($8,250) exceed the deductible threshold ($5,490), Xavier can deduct the excess amount:

Deductible medical expenses = Total medical expenses - Deductible threshold

Deductible medical expenses = $8,250 - $5,490 = $2,760

Therefore, Xavier can deduct $2,760 of his medical expenses on Schedule A.

Learn more about expenses at https://brainly.com/question/30191622

#SPJ4

A game has the following payoff table. The numbers in the ( ) are monetary values with gain (+ signs) or loss (- signs) for (player 1, player 2). Please find the Nash’s equilibrium, which is the best decision for both players.

Answers

The best decision for both players is to follow the strategies (T, M).

Given the following payoff table, you are asked to identify the Nash's equilibrium.

|      | L   | M  | R   |
| ---- | --- | -  | --- |
| **T** | (6,-2) | (1,3) | (3,-1) |
| **M** | (3,4) | (0,0) | (1,1) |
| **B** | (-1,2) | (2,3) | (0,1) |

Nash equilibrium refers to the point in a game where the players make decisions that are mutually optimal and provide the best possible outcome for each player.

A Nash equilibrium point is the point where each player's strategy is the best response to the other player's strategy. So, the strategy of each player is a best response to the strategy of the other player.

Thus, from the above table, we can notice that (T, M) is the Nash's equilibrium of the given game.

In the first row, T dominates L since it provides the maximum payoff. Similarly, M dominates R since it provides the maximum payoff. In the second row, M dominates L since it provides the maximum payoff. In the third row, M dominates R since it provides the maximum payoff. Hence, (T, M) is the Nash's equilibrium of the given game.

The reason is that, by following their strategies T and M, neither of the players can gain by changing their strategy unilaterally. The strategies selected by the players provide them with the highest possible payoff in the game.

So, the best decision for both players is to follow the strategies (T, M).

Learn more about the Nash's equilibrium from the given link-

https://brainly.com/question/29398344

#SPJ11

REAL ESTATE:
zoning law enforced by
a) building permits
b) court order
c) deed restriction
d) variances

Answers

The court order and variances are crucial in the real estate industry.

The court order is a directive given by the court that must be followed, while a variance is a permit granted to build a structure that deviates from the established zoning requirements.

The court order is a legal directive that must be followed. It is a legal decree, mandate, or instruction issued by a judge or court. The court order is often used in real estate when a property owner refuses to follow the regulations or policies of the jurisdiction in which they are located. A variance, on the other hand, is a permit granted by the local zoning board of appeals that allows a property owner to construct a building that deviates from the established zoning requirements. It's crucial to note that this is typically used in special situations or instances. For instance, a property owner might request a variance to construct a building that is taller than what's allowed in the zone or that is constructed on land that is too narrow.

Know more about court order, here:

https://brainly.com/question/2103264

#SPJ11

Selected sales and operating data for three divisions of different structural engineering firms are given as follows:

. Division A Division B Division C
Sales $ 12,330,000 $ 14,385,000 $ 25,687,500
Average operating assets $ 3,082,500 $ 7,192,500 $ 5,137,500
Net operating income $ 616,500 $ 575,400 $ 822,000
Minimum required rate of return 14% 10% 16%
Required:

1. Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover.

2. Compute the residual income (loss) for each division.

3. Assume that each division is presented with an investment opportunity that would yield a 15% rate of return.

a. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity?

b. If performance is being measured by residual income, which division or divisions will probably accept or reject the opportunity?

Compute the return on investment (ROI) for each division using the formula stated in terms of margin and turnover. (Do not round intermediate calculations. Round your answers to 1 decimal place.)

Margin Turnover ROI
Division A % %
Division B % %
Division C % %
Compute the residual income (loss) for each division. (Do not round intermediate calculations. Loss amounts should be indicated by a minus sign.)

Division A Division B Division C
Residual income (loss)
Assume that each division is presented with an investment opportunity that would yield a 15% rate of return. If performance is being measured by ROI, which division or divisions will probably accept or reject the opportunity?

Division A
Division B
Division C
Assume that each division is presented with an investment opportunity that would yield a 15% rate of return. If performance is being measured by residual income, which division or divisions will probably accept or reject the opportunity?

Division A
Division B
Division C

Answers

If performance is measured by ROI, Division A would accept the investment opportunity, Division B would reject it, and Division C would likely be indifferent. However, if performance is measured by residual income, Division A would accept the opportunity, while both Division B and Division C would likely reject it.

To compute the return on investment (ROI) for each division, we can use the formula:

ROI = Margin × Turnover

where Margin is the net operating income divided by sales and Turnover is the sales divided by average operating assets.

Calculate ROI for each division:

Division A:

Margin = Net operating income / Sales = $616,500 / $12,330,000 = 0.05 (or 5%)

Turnover = Sales / Average operating assets = $12,330,000 / $3,082,500 = 4

ROI = 0.05 × 4 = 0.2 (or 20%)

Division B:

Margin = Net operating income / Sales = $575,400 / $14,385,000 = 0.04 (or 4%)

Turnover = Sales / Average operating assets = $14,385,000 / $7,192,500 = 2

ROI = 0.04 × 2 = 0.08 (or 8%)

Division C:

Margin = Net operating income / Sales = $822,000 / $25,687,500 = 0.032 (or 3.2%)

Turnover = Sales / Average operating assets = $25,687,500 / $5,137,500 = 5

ROI = 0.032 × 5 = 0.16 (or 16%)

Compute the residual income (loss) for each division:

Residual Income = Net operating income - (Minimum required rate of return × Average operating assets)

Division A:

Residual Income = $616,500 - (0.14 × $3,082,500) = $616,500 - $431,550 = $184,950

Division B:

Residual Income = $575,400 - (0.1 × $7,192,500) = $575,400 - $719,250 = -$143,850 (loss)

Division C:

Residual Income = $822,000 - (0.16 × $5,137,500) = $822,000 - $821,600 = $400

If performance is being measured by ROI and the investment opportunity would yield a 15% rate of return:

a. Division A:

The current ROI for Division A is 20%, which is higher than the required rate of return of 15%. Therefore, Division A would accept the opportunity.

b. Division B:

The current ROI for Division B is 8%, which is lower than the required rate of return of 15%. Therefore, Division B would reject the opportunity.

c. Division C:

The current ROI for Division C is 16%, which is equal to the required rate of return of 15%. Therefore, Division C would likely be indifferent to the opportunity.

If performance is being measured by residual income:

a. Division A:

The residual income for Division A is $184,950. Since the investment opportunity would yield a higher return than the minimum required rate of return, Division A would accept the opportunity.

b. Division B:

The residual income for Division B is -$143,850 (loss). Since the investment opportunity would not significantly improve the residual income, Division B would likely reject the opportunity.

c. Division C:

The residual income for Division C is $400. Since the investment opportunity would not significantly improve the residual income, Division C would likely reject the opportunity.

To learn more about an investment opportunity

https://brainly.com/question/29227373

#SPJ11

a firm's long run average cost curve represents the minimum cost of producing each level of output when the scale of production can be adjusted. true false

Answers

Due to a firm's long-run average cost curve does represent the minimum cost of producing each level of output when the scale of production can be adjusted, the statement is true.

In the long run, all inputs are variable, meaning a firm can adjust its production scale, such as acquiring or expanding facilities, hiring more workers, or adopting new technology. As a result, the firm can optimize its production process to minimize costs and achieve economies of scale.

The long-run average cost curve demonstrates the lowest average cost per unit of output attainable at different levels of production, reflecting the efficient utilization of resources and scale economies that contribute to cost minimization.

Learn more about average cost https://brainly.com/question/14415150

#SPJ11

The figure below shows the average and marginal cost curves tor producing cheeseburgers per hour. At a quantity of 25 cheeseburgers per hour, the average total cost or production is and the marginal cost of cheeseburger production is and the marginal cost of cheeseburger production is At a quantity 35 cheeseburgers per hour, the average variable cost of production is and the average variable cost of production is

Answers

The specific values for average total cost, marginal cost, and average variable cost at quantities of 25 and 35 cheeseburgers per hour. It also explains about Average total cost, Marginal cost, Average variable cost

1. Average total cost (ATC) is calculated by dividing the total cost of production by the quantity of output. It represents the average cost per unit of production.

2. Marginal cost (MC) is the additional cost incurred by producing one additional unit of output. It is calculated by dividing the change in total cost by the change in quantity.

3. Average variable cost (AVC) is calculated by dividing the total variable cost (costs that vary with the quantity of output) by the quantity of output. It represents the average variable cost per unit of production.

Without the specific data from the figure, I cannot provide the exact values for the given quantities. However, by analysing the average and marginal cost curves, one can determine the respective costs at those quantities.

Learn more about Average total cost here: brainly.com/question/28941573

#SPJ11

determine boot inc taxable income and its tax liability for the current year

Answers

To determine Boot Inc's taxable income and tax liability for the current year, specific financial information such as revenues, expenses, deductions, and tax rates is required. Without this information, it is not possible to provide an accurate calculation.

Taxable income is generally calculated by subtracting allowable deductions and exemptions from total income. The resulting amount is then subject to the applicable tax rate to determine the tax liability. Tax rates can vary based on the jurisdiction and the type of income (e.g., corporate income tax rates).

To accurately determine Boot Inc's taxable income and tax liability, it is recommended to consult a tax professional or accountant who can review the company's financial statements and apply the relevant tax laws and regulations. They will consider various factors, including revenue, expenses, deductions, credits, and applicable tax rates, to calculate the taxable income and tax liability for the current year.

Please note that taxation is a complex area, and specific circumstances may affect the calculations. It's always best to consult a qualified professional for personalized and accurate tax advice tailored to your specific situation.

Learn more about taxable income click here:

brainly.com/question/30617249

#SPJ11

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F. The activity durations are D=4. E=3. F=6. The critical path is D-E-F. duration 12. B) The critical path is D-F, duration 10. C) Slack at Dis 0 periods. D) Slack at E is 3 periods. E) Both A and C are true.

Answers

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F.  The correct answer is option E (Both A and C are true).

A simple CPM network has three activities, D, E, and F. D is an immediate predecessor of E and of F. E is an immediate predecessor of F.

The activity durations are D = 4, E = 3, and F = 6.

The critical path is the longest path through a network, and its duration represents the shortest time in which the whole project can be completed.

The critical path is D-E-F, and its duration is 12 periods.

Slack refers to the amount of time that an activity can be delayed without causing a delay in the project's completion time.

Slack = LF - EF or LS - ES. Therefore: Slack at D is 0 periods because it is a critical activity.

Slack at E is 3 periods because it can be delayed up to 3 periods without delaying the completion of the project.

Both A and C are true because the critical path is D-E-F with a duration of 12 periods, and Slack at D is 0 periods.

To know more about CPM network  visit:

https://brainly.com/question/30032881

#SPJ11

The idea that individuals would contribute according to their abilities and receive benefits according to their needs supports which type of economy? e Market economy O Socialist based economy e Mixed market cconomy Capitalist market economy Communist bascd economy

Answers

The idea that individuals would contribute according to their abilities and receive benefits according to their needs supports a socialist-based economy.

In a socialist economy, the means of production are owned and controlled by the community or the state, with the aim of promoting social welfare and reducing economic inequality. This principle aligns with the concept of "from each according to their ability, to each according to their needs," which was popularized by Karl Marx and Friedrich Engels. In a socialist economy, there is an emphasis on collective ownership, equitable distribution of resources, and social welfare programs.

The goal is to ensure that everyone's basic needs are met and to reduce disparities in wealth and income. The government or community actively intervenes in economic activities to achieve these objectives. In contrast, a market economy, such as a capitalist or mixed-market economy, places greater emphasis on individual ownership, private enterprise, and market forces to allocate resources and determine distribution.

To know more about economy click here

brainly.com/question/30131108

#SPJ11

Fiscal policy is likely to fail to correct stagflation in an economy because _____ a. it affects aggregate supply only, but only aggregate demand needs to be changed. b. it affects aggregate demand only, but aggregate supply also needs to changed. c. it affects both the aggregate demand and supply, but only aggregate demand needs to be changed. d. it affects both the aggregate demand and supply, but only aggregate supply needs to be changed. e. it affects either aggregate demand or aggregate supply, but both need to be changed simultaneously.

Answers

Answer:

b. it affects aggregate demand only, but aggregate supply also needs to be changed.

Explanation:

Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.

A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.

Fiscal policy is likely to fail to correct stagflation in an economy because it affects aggregate demand only, but aggregate supply also needs to be changed.

Think of companies you follow and choose examples of what you think is an effective social media communication and another which you think was not effective. Describe each and outline your justification for effectiveness.

Answers

When it comes to social media communication, there are several companies that have proven to be quite effective in this area, while others have not. Here are two examples: Effective social media communication: Coca-Cola Coca-Cola's social media accounts are consistently engaging and positive.

They make use of visual aids, including videos, to convey their message in an appealing manner. They also use their social media pages to communicate with customers, answer questions, and provide assistance. Coca-Cola's social media accounts are very effective in terms of communication since they reach a wide audience, offer excellent customer service, and generate a lot of goodwill.

Not Effective social media communication: United AirlinesUnited Airlines' social media presence suffered a significant setback when a video went viral of a passenger being forcibly dragged off one of their flights. The event caused a widespread backlash against the airline, which was exacerbated by their lack of empathy and professionalism in handling the situation.

Their social media communication was ineffective, in this case, since it failed to mitigate the situation and failed to provide appropriate responses to customers who were outraged by the incident.

In summary, effective social media communication involves regular communication with customers, creating and sharing visual aids, responding to customer feedback, and generating goodwill. On the other hand, poor social media communication can result in a negative reputation and the loss of customers.

For more questions on: social media

https://brainly.com/question/12453081

#SPJ11

Question 1
In a wheat futures contract, the producer selling the contract makes a profit if at the expiration of the contract the market price of wheat is:
Select one:

a.
above the price in the futures contract

b.
equal to the price in the futures contract

c.
below the price in the futures contract

d.
whoever sells the contract always wins

Question 2
Within the ESG investment categories, respect and consideration for diversity and equal opportunities in employment, are considered within the ESG investment category:
Select one:

a.
environmental

b.
Social

c.
governance

d.
none

Question 3
We can say that a firm enters into financial difficulties (financial distress) if it does not have enough cash flows to cover its contractual obligations (liabilities).

Select one:

a.
TRUE


b.
False


Question 4
It is considered that a firm can enter financial insolvency due to a reduction in the equity of the company:
Select one:

a.
when the value of your debt is less than your assets

b.
when the value of the cash flows is greater than the value of its debt

c.
when the value of its current assets exceeds the value of its current liabilities

d.
when the value of your assets is less than your debt

Question 5
Within the ESG investment categories, how the company manages and reduces greenhouse gas emissions is considered within the ESG investment category:
Select one:

a.
environmental

b.
Social

c.
governance

d.
none

Answers

Question 1. In a wheat futures contract, the producer selling the contract makes a profit if at the expiration of the contract the market price of wheat is above the price in the futures contract. The correct option is (a).

Wheat futures are a standardized contract that is traded on an exchange. A producer who is growing wheat can hedge against price risk by selling a wheat futures contract. By selling a wheat futures contract, a producer locks in a price for their wheat, eliminating the risk that the wheat will fall in price before it is sold.

Question 2- Within the ESG investment categories, respect and consideration for diversity and equal opportunities in employment, are considered within the ESG investment category: social. The correct option is (b).

Explanation: ESG stands for Environmental, Social, and Governance. Environmental, Social, and Governance (ESG) criteria are a set of standards for a company's operations that investors use to assess the firm's sustainability and ethical impact. Within ESG investment categories, social encompasses factors that are related to how a company manages relationships with its employees, suppliers, customers, and the communities where it operates.

Question 3- We can say that a firm enters into financial difficulties (financial distress) if it does not have enough cash flows to cover its contractual obligations (liabilities). The correct option is (a) TRUE.

Explanation: Financial distress refers to a scenario in which a firm is experiencing financial difficulties and may be unable to fulfill its financial obligations, such as interest payments or debt repayment. Financial distress is usually characterized by high debt, low liquidity, and/or poor cash flow, and it can lead to bankruptcy or insolvency if left unaddressed.

Question 4-It is considered that a firm can enter financial insolvency due to a reduction in the equity of the company when the value of your assets is less than your debt. The correct option is (d).

Explanation: Financial insolvency is a situation where a firm is unable to meet its financial obligations as they come due. It can occur when the value of a firm's liabilities exceeds the value of its assets. If a firm's equity is negative, it means that the firm's liabilities are greater than its assets, and the firm is technically insolvent.

Question 5-Within the ESG investment categories, how the company manages and reduces greenhouse gas emissions is considered within the ESG investment category: environmental. The correct option is (a).

Explanation: Within the ESG investment categories, environmental encompasses factors related to a company's impact on the natural environment, including greenhouse gas emissions, pollution, resource depletion, and climate change. Therefore, how the company manages and reduces greenhouse gas emissions is considered within the ESG investment category: environmental.

To know more about ESG Investment visit-

brainly.com/question/30286228

#SPJ11

Argentina Partners is concerned about the possible effects of inflation on its operations. Presently the company sells 61,000 units for $35 per unit. The variable production costs are $20, and fixed costs amount to $710,000. Production engineers have advised management that they expect unit labor costs to rise by 15 percent and unit materials cost to rise by 10 percent in the coming year. Of the $20 variable costs, 40 percent are from labor and 20 percent are from materials. Variable overhead costs are expected to increase by 20 percent. Sales prices cannot increase more than 10 percent. It is also expected that fixed costs will rise by 4 percent as a result of increased taxes and other miscellaneous fixed charges. The company wishes to maintain the same level of profit in real dollar terms. It is expected that to accomplish this objective profits must increase by 6 percent during the year.
Required:
A. Compute the volume in units and the dollar sales level necessary to maintain the present profit level, assuming that the maximum price increase is implemented.
B. compute the volume of sales and the dollar sales level necessary to provide the 6 percent increase in profits, assuming that the maximum price increase is implemented.
C. If the volume of sales were to remain at 60,000 units, what price increase would be required to attain the 6 percent increase in profits?

Answers

A. To maintain the present profit level, we first calculate the total profit earned. The profit per unit would be calculated as the difference between the selling price and variable cost per unit ($35 - $20).

Total profit is then obtained by multiplying the profit per unit by the total units sold. The profit thus obtained needs to be adjusted for inflation, which is done using the GDP deflator.Accordingly, the total profit earned is:61,000 units × ($35 − $20) = $915,000Profits adjusted for inflation:($915,000 ÷ 1.05) × 1.06 = $871,200Sales dollars needed to earn $871,200:($20 × 1.1) + $20 + $710,000 = $932,000Consequently, volume in units necessary to maintain the present profit level:($932,000 ÷ $35) = 26,628 unitsB.

To earn the 6% increase in profits, we first calculate the new profit level, taking into account inflation. The dollar sales level can then be obtained using the profit margin of 11.1% of sales calculated from current variable costs plus overhead costs and fixed costs. Again, this value is adjusted for inflation to reflect real dollars.

To know more about costs visit:

https://brainly.com/question/17120857

#SPJ11

Consider a population that grows according to the recursive rule P. – P.-1+105, with initial population Po = 30 Then: P1 = P = Find an explicit formula for the population. Your formula should involve n (use lowercase n) P. Use your explicit formula to find P100 P100

Answers

The recursive rule of population is given by Pn = Pn-1 + 105 where P0 = 30. We are to find the explicit formula for the population and find P100.The given recursive rule of population is Pn = Pn-1 + 105 where P0 = 30. We need to find the explicit formula for the population.

To find the explicit formula for the population, we use the formula for an arithmetic sequence:an = a1 + (n - 1)dWhere, a1 is the first term, d is the common difference, and an is the nth term of the sequence.We can rewrite the given recursive rule of population as:Pn - Pn-1 = 105We can use the above equation to get the value of Pn-1.P1 - P0 = 105P1 = P0 + 105P1 = 30 + 105P1 = 135We can use the above equation to get the value of Pn-2.P2 - P1 = 105P2 = P1 + 105P2 = 135 + 105P2 = 240Similarly,P3 = P2 + 105P3 = 240 + 105P3 = 345P4 = P3 + 105P4 = 345 + 105P4 = 450and so on.We can observe that the population is increasing by 105 each time.

We can express this as d = 105.Since P0 = 30, we can substitute this value into the equation for an to get:a1 = 30Therefore, the explicit formula for the population is:Pn = 30 + 105(n - 1)Pn = 105n - 75To find P100, we substitute n = 100 into the explicit formula:P100 = 105(100) - 75P100 = 10,425Therefore, P100 = 10,425.

Read more about population here;https://brainly.com/question/29885712

#SPJ11

You have now been asked to estimate the Free Cash Flow to Equity for Environ and have collected the following information from its financial statements: Value (in $ thousands)

Answers

The Free Cash Flow to Equity for Environ is $9,500,000. This was calculated by subtracting Capital Expenditures from Operating Cash Flow and adding the Interest Tax Shield.

To calculate the Free Cash Flow to Equity for Environ, the following steps were taken:

1. Find the Operating Cash Flow, which is given as $15,000,000.

2. Subtract the Capital Expenditures, which are given as $5,000,000. This gives us the Unlevered Free Cash Flow, which is $10,000,000.

3. Calculate the Interest Tax Shield by multiplying the Interest Expense by the Tax Rate. In this case, the Interest Tax Shield is $500,000.

4. Add the Interest Tax Shield to the Unlevered Free Cash Flow to get the Free Cash Flow to Equity, which is $9,500,000.

Know more about Tax Shield  here:

https://brainly.com/question/32577960

#SPJ11

A bank which is not diversified in its lending products, faces a higher risk of being negatively impacted when Select the correct answer below:
a. a niche in the market performs poorly
b. the overall economy is going poorly
c. the economy is growing rapidly
d. there is a surge in bank deposits

Answers

A bank which is not diversified in its lending products, faces a higher risk of being negatively impacted when a niche in the market performs poorly. The correct option is A.

A bank that is not diversified in its lending products faces a higher risk of being negatively impacted when a niche in the market performs poorly. When a bank heavily concentrates its lending activities in a specific niche or industry, it becomes more vulnerable to fluctuations and downturns in that particular market.

If the niche experiences a decline or performs poorly, the bank's loan portfolio and potential loan repayment may be significantly affected, leading to increased credit risk and potential loan defaults. Diversification across various lending products and industries can help mitigate this risk by spreading the exposure to different sectors, reducing the bank's reliance on a single niche.

The correct option is A.

To know more about market, click here.

https://brainly.com/question/32106392

#SPJ4

Other Questions
Question 1: (Cost Types, Cost behaviour, Pricing) (20 Marks)You are the manager of Bellow Manufacturers (Pty) Ltd. The company operates as a jobbing shop and manufactures Bellows for the Petroleum industry. The company operates a Just in Time inventory system with only minimum stock levels of consumable stock being maintained. Material used in the manufacturing of a bellow consists mainly of Stainless Steel and Mild steel. Stainless steel is imported, and mild steel is locally available. The company outsource the draughtmans function. The company does have its own machine shop, however certain machining tasks are being outsourced. Bellows are being graded depending on where they will be used in the petroleum plant. Heat and pressure are the main deciding factors. Although the company does have its own quality control department, depending on the grade of the Bellow, final quality needs to be signed off by an independent qualified engineer. The company has 18 Employees of which 10 is directly involved in the production of Bellows. Overtime is at time and a half and Sunday and Public Holidays at double time. Nonproduction staff consists of the general Manager, accountant, buyer, sales staff, and general administration staff. The company operates a consumable store. The storeman is also responsible for the receiving of all material on site. The company does have it own fleet of vehicles, but they are only being used for collection and delivery of light weight items. External transporters are being used for the collection of material and the final delivery of the bellows. The factory has its own 24-hour security guard. This function is being outsourced. Selling pricing is based on a gross profit percentage of 45%. The company calculates gross profit as follows: Gross profit = Selling price production cost.Recently, the company received a Request for Quote" RFQ, from customer. All the required specifications are listed, and the company needs to submit a quote. The company estimated the following costs to manufacture the bellow:1. Draughtman to draught the drawings R 2500.2. Stainless steel: import 25m2 (square meters) of stainless steel at a cost of R1,500 per m2 .3. Import cost: The company uses an outside transporter to deliver the stainless steel to site. The cost of delivery is R1,000 per ton. (1 m2 = 100kg)4. Mild Steel: purchase 35 m2mild steel at a cost of R150 per m2 . The supplier will deliver to site.5. 100kgs of welding wire (consumable stock) needed for the job. The total cost of the welding wire issued is R 900.6. Total estimated production hours are 150 normal hours and 25 overtime hours. Included in the overtime hours are 9 hours to be worked on a public holiday. The average rate of wages is R60 per hour.7. The job will require the final sign off from an independent engineer. The cost will be R5,000.8. Outsourced machining: R 2,500.9. The storeman monthly salary is R9,000 and the factory security is R 7,500.10. The general managers salary is R20,000 per month.11. Manufacturing overheads are being allocated based on the total number of manufacturing hours. The current allocation rate is R80 per hour.12. The company receives a quote to the value of R 2,750 as delivery cost to the customer.Required: 1. Calculate the estimated selling price of the Bellow. If you exclude any item, please provide the reason. Marks will be allocated to all the items. Use the following table in your workings. Show all your calculations as marks will be awarded for calculations.Description Material R Labour R Manufacturing Overhead. R Total Cost Which food provide the best nutrients A cubic polynomial with a critical point at x=2, an inflection point at (1,4), and a leading coefficient of 1 What is orbit? A. An increase in centripetal motion and mass friction. B. Resistance of an object to avoid friction. C. Gravity causing a curved path as an object tries to go straight. D. How well an object floats. Which of the following people came from Wisconsin?A. Lucille BallB. Muddy WatersC. Georgia OKeeffeD. Jane Addams In which areas would you expect landslides to be most common? What is the median of 8,9,10,1,6,4,7,6 define isometric angle These diagrams show two atoms of fluorine and an atom of magnesium. On the left, a purple circle labeled F is shown twice, both times surrounded by 2 concentric circles. The inner circle has 2 small green spheres. The outer circle has 7 small green spheres. On the right, a purple circle labeled M g surrounded by 3 concentric circles. The inner circle has 2 small green spheres. The middle circle has 8 small green spheres. The outer circle has 1 small green sphere.Which shows the correct steps in the formation of an ionic bond between these atoms?A magnesium atom accepts six electrons from the fluorine atoms Each fluorine atom donates three of the electrons The magnesium atom becomes a -2 ion Each fluorine atom becomes a +1 ionA magnesium atom donates two electrons to the fluorine atoms Each fluorine atom accepts one of the electrons The magnesium atom becomes a -2 ion Each fluorine atom becomes a +1 ionA magnesium atom accepts two electrons from the fluorine atoms Each fluorine atom donates one of the electrons The magnesium atom becomes a -2 ion Each fluorine atom becomes a +1 ionA magnesium atom donates two electrons to the fluorine atoms Each fluorine atom accepts one of the electrons The magnesium atom becomes a +2 ion Each fluorine atom becomes a -1 ion Given the following information about two triangles, triangle CAT and triangle DOG:Which postulate can be used to prove triangle CAT and triangle DOG are congruent?SSS Postulate SAS PostulateSSA PostulateASA PostulateAAS PostulateChoose all that apply Question 6 of 10 What personality trait most likely leads to Victor's downfall? O A. Selfishness O B. Intelligence O C. Carelessness O D. Love of family Find a sufficient statistics for 8. Problem 7 Let X.... X be iid according to a uniform continuous distribution over the open interval (0,0+1), for 0> 0. Find a minimally sufficient statistics for 0. Hi pls help ASAP no links or you will be reported and terminated. Pls and Thx. How do Romeo and Juliet book influence renaissance Literature/writing? what remote access tunneling protocol encapsulates data within http packets for transit across the internet? How do we find the factors of x2 64Find numbers that multiply to be O but adds to be -64O Find numbers that multiply to be 1 but adds to be -64Find numbers that multiply to be -64 but adds to be 1Find numbers that multiply to be -64 but adds to be 0 LAB 5.4 Nested LoopsBring in program nested.cpp from the Lab 5 folder (this is Sample Program 5.6from the Pre-lab Reading Assignment). The code is shown below:// This program finds the average time spent programming by a student// each day over a three day period.// PLACE YOUR NAME HERE#include using namespace std;int main(){int numStudents;float numHours, total, average;int student,day = 0; // these are the counters for the loopscout Jacqueline is buying a pair of pants for $30. They are on sale for 15% off, and she has a coupon for 10% off the sale price. How much does she pay for her pants? examine the freshdirect business model and list reasons for its competitive advantage using the porter's five forces model Which of the following regarding most developing countries is true?a. They have just completed the demographic transition.b. They have experienced or are in various phases of the ec. idemiologic transition but have not completed the fertility transition.d. They have not yet begun to enter the initial phase of the demographic transition.e. They have experienced the fertility transition but not the epidemiologic transition.