The action that one may take to more effectively manage commodity costs is to consolidate your three SBU procurement teams into one.
Enter into agreements with suppliers of energy, raw grains, and chemicals, to utilize their hedging expertise to protect Holden Evan against price spikes and earn fees based on the savings they generate for your company.
What is commodity cost?Commodities are in the majority of goods that are finally get to the hands of consumers, including tires, tea, orange juice, and clothing. Commodity cost is the will to set the sales price for commodity-based end items employing the market replacement cost of the main ingredient. Commodity items such as iron ore, coffee beans, and sugar, are items for which there is a demand across commodity trading markets.
Therefore, the correct answer is as given above.
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in project procurement management, which of the following is an output of the executing process? question 10 options: a) source selection criteria b) make-or-buy decisions c) resource calendars d) statements of work
In project procurement management, which of the following is an output of the executing process resource calendars.
These outputs encompass procurement control plan, settlement declaration of paintings, make or purchase choices and the asked changes. A Procurement Management Plan information the procedure of coping with the purchases and acquisitions.
The key inputs to this procedure are a settlement, different procurement documents, and paintings overall performance facts. Work overall performance Information essentially has the facts approximately the development of the paintings, i.e., how a lot of paintings is finished and what is the price incurred to finish those paintings.
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sammie is planning a persuasive request. what advice should she follow for the opening of her request? (aida) group of answer choices provide her telephone number. capture the reader's attention and interest. cite facts, statistics, expert opinions, examples, and specific details to support her request. identify herself and her company.
Capture the readers attention and interest should be followed for opening of persuasive request.
When someone tries to persuade a person or group of people to do something, they are using a persuasive message. Sales and marketing are the two sorts of persuasive messages used in the workplace to forward corporate goals.
The AIDA model is one strategy for using persuasion to achieve a marketing or sales goal. The processes required to convince a customer to act are described by this marketing model. Awareness, Interest, Desire, and Action make up the model. Selling something is the act of doing so, whereas marketing refers to strategies used to inform, educate, and encourage people about a good or service.
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suppose that in a closed economy gdp is equal to 20,000, consumption equal to 15,000, government purchases equal 4,000, and taxes equal 3,000. what are private saving, public saving, and national saving?
The private saving is 2,000 ; public saving is 1,000; national saving is 3,000
Private saving=20,000-3,000-15,000
=2,000
Public Saving=3,000-4,000
=1,000
National saving=2,000+(1,000)
=3,000
Calculating the problem:Private saving in a closed economy may be calculated as follows:
Private saving = GDP - taxes- consumption
GDP=20,000
taxes=3,000
consumption=15,000
Private saving=20,000-3,000-15,000
=2,000
Public saving in a closed economy may be calculated as follows:
Public Saving= Taxes- government purchase
Taxes = 3,000
Government purchases = 4,000
Public Saving=3,000-4,000
=(1,000)
National saving in a closed economy may be calculated as follows:
National saving= private saving +public saving
=2,000+(1,000)
=3,000
What does closed economy mean?A closed economy basically refers to a country that doesn't trade or engage in other financial exchanges with some other country. Which means no imports comes into the country and no exports leave it.
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proponents of the original federal election campaign act of 1971 hoped to rein in the cost of campaigns, and the flow of campaign money has started lagging behind the pace of inflation. question 29 options: 1) false 2) true
Option 2.) False as the proponents of the original Federal Election Campaign Act of 1971 did not hope to rein on the cost of campaigns.
The Federal Election Campaign Act of 1971 was passed to regulate the financing of federal elections including the president, Senate, and House. It regulated the money raised and spent by the candidates and parties participating in the election for these offices.
This act limited the amount that candidates and parties could contribute to their campaigns. It also limited the amount to be spent on federal contributions for campaigning. It also expanded the amount of disclosure to be done by candidates and parties.
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when making a decision, irrelevant items are included in the analysis of both alternatives when using blank . multiple choice question. the total cost approach only the differential cost approach only both the differential and total cost approaches neither the differential nor total cost approach
The making a decision, irrelevant items are included in the analysis of both alternatives when using total cost approach. The total cost approach only the differential cost approach only both the differential.
Breaking down a complicated subject or thing into simpler components to better understand it is the process of analysis. Analysis as a formal idea is a relatively new discovery, yet the technique has been used in the study of mathematics and logic since before Aristotle (384–322 B.C.).
The word is derived from the letter "v" in Ancient Greek (analysis, "a breaking-up" or "an untying;" from ana- "up, throughout" and lysis "a loosening"). The word's plural, analyses, likewise derives from it. The technique has alternately been credited to Alhazen, René Descartes (Discourse on the Method), and Galileo Galilei as a formal idea.
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unless properly disclaimed, a warranty is implied that sold or leased goods are fit for the ordinary purpose for which they are sold or leased, as well as other assurances. this is known as the implied warranty of .
Unless expressly disclaimed, a warranty that sold or leased products are fit for the ordinary purpose for which they are sold or leased, as well as other assurances, is implicit. This is known as the implied warranty of warranty flashcards.
Leased Goods are goods that the Contracting Authority has opted to lease from the Supplier on a fixed-term basis in exchange for regular monthly payments. Throughout the lease agreement, the Supplier will retain ownership of the Leased Goods.
However, the term implicit also implies "without a doubt," thus we might say that we have implicit trust or confidence in someone. The Latin root implicate means "to involve or entangle," and another English word with a more clear link to this Latin base is implicate.
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changes in growth and stock valuation consider a firm that had been priced using a 13.00 percent growth rate and a 18.00 percent required rate. the firm recently paid a $2.30 dividend. the firm has just announced that because of a new joint venture, it will likely grow at a 15.00 percent rate. how much should the stock price change (in dollars and percentage)? multiple choice $36.19, .70% $28.00, 100.00% $36.19, 70.00% $28.00, 1.00%
The Change in Stock price before and after venture and Change in Stock price before and after venture (%) are $36.19, 70%
Required rate of Return( ke ) = 18%
Dividend just paid(D0) = $2.30
Dividend growth rate before venture(g) = 13%
calculating the Price of Stock before Joint Venture:-
[tex]Po=\frac{Do (1+g)}{(ke-g)} \\Po=\frac{2.30(1+0.3)}{(0.18-0.13)}\\Po=51.98[/tex]
The Price of Stock before Joint Venture = $51.98
Dividend growth rate after Joint venture(g1) = 15%
calculating the Price of Stock after Joint Venture:-
[tex]Po=\frac{Do (1+g1)}{(ke-g1)} \\Po=\frac{2.30(1+0.5)}{(0.18-0.15)}\\Po=88.17[/tex]
The Price of Stock after Joint Venture = $88.17
Change in Stock price before and after venture = $88.17 - $51.98= $36.19
% Change in Stock price before and after venture = ($88.17 - $51.98) ÷ $51.98 = 70%A share price, also known as a stock price, is the price at which one share of a corporation would be purchased. A share's price is not constant; rather, it changes with the state of the market. If the business is thought to be doing well, it will probably rise; if it isn't, it will probably decrease.Learn more about Stock price, here
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how is your first week on project excite going? we need to deliver the test version of your product for review in a week. if you need support, let your teammates or me know, and we will do our best to help. here is everyone’s availability over the next week.
It should be noted that knowing the business impact of your project compared to that of your teammates’ other work is important.
It should be noted that prioritizing the chores and having a clear strategy that is needed have to be developed before replying to Nadia. It should be noted that this would assist in making use of the time of the team members efficiently and effectively. An investigation of the probable impacts of a disruption to crucial business activities as a result of a disaster, accident, or emergency is known as a business impact analysis.
It should be noted that planning also comprises the division and assignment of roles to each of the participants, in order to produce the prototype on time.
Therefore, based on the information, should be noted that knowing the business impact of your project compared to that of your teammates’ other work is important.
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if i receive an insurance check for my car accident and it states: pay to the order of melissa snider and fox car repairs, i can cash the check and then pay fox car repairs for the service. t/f
If the insurance cheque for my auto accident says to "pay to the order of Melissa Snider and Fox Car Repairs," I can cash it and then pay Fox Car Repairs for the repair. False
A way to control your risk is through insurance. When you obtain insurance, you safeguard yourself against unforeseen financial losses. If something unfavourable occurs to you, the insurance company pays you or a person of your choice. If an accident occurs and you don't have insurance, you can be liable for all expenses. Insurance acts as a safety net for your finances, assisting you and your loved ones in recovering in the event of an emergency. Repair is to make whole again by putting something that is damaged or broken back together. repair a shoe means to rejuvenate or return to a sound or healthy state. Restore his strength: to make up for; atone; atone for. The act of repairing something or the state of having something mended. A fixed brake system on an automobile serves as an illustration of a repair. to revive, restore, or renew. one's health to be restored.
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a(n) is a collaborative relationship between two separately owned companies in which resources, risk, and operational control are shared. multiple choice question. strategic alliance outsourcing agreement merger acquisition
A strategic alliance is a collaborative relationship between two separately owned companies in which resources, risk, and operational control are shared.
A strategic alliance is an agreement between two companies to collaborate on a task that will be advantageous to both while preserving each company's autonomy. A company could create a strategic alliance to boost its market share, expand its line of products, or outperform competitors. The agreement allows two companies to work together on a project that will benefit both of them.
A corporate partnership has a number of advantages. These include the development of new opportunities, the transfer of technology, organisational effectiveness, cost reductions in design and after-sales services, and enhancements to financial performance.
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accountant is required to comply with the provisions of statements on standards for accounting and review services for the preparation of financial statements when providing these services i. drafting financial statement notes ii. maintaining depreciation schedules
Accounting standards ensure that financial statements from more than one group are similar.
Because all entities follow the same policies, accounting standards make the monetary statements credible and allow for more monetary decisions primarily based on correct and regular facts.
Financial statements want to mirror certain fundamental functions: fair presentation, going problem, accrual foundation, materiality and aggregation, and no offsetting.
Economic statements should be organized at least yearly, need to include comparative facts from the preceding duration, and ought to be consistent.
Directors put together economic statements; audit committees display the integrity of financial records. five. Auditors audit the financial statements and carry out different approaches on different components of the yearly file. 6.
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What decision support strategy uses a technique based on a non-linear predictive model that creates a hidden-layer analysis of input information that is defined using training and observed behaviors?.
Decision trees strategy uses a technique based on a non-linear predictive model that creates a hidden-layer analysis of input information that is defined using training and observed behaviors.
Non-parametric supervised learning techniques called decision trees are employed for classification and regression. By learning straightforward decision rules derived from the data attributes, the objective is to develop a model that predicts the value of a target variable. An approximate piecewise constant can be thought of as a tree.
Advantages of Decision trees:
Straightforward to comprehend and interpret. One may imagine trees.Depending on how many data points were used to train the tree, the cost of employing it grows exponentially.Disadvantages of Decision trees:
XOR, parity, and multiplexer difficulties are a few ideas that are challenging to understand since decision trees do not simply describe them.If some classes predominate, learners of decision trees produce biased trees. Therefore, it is advised that the dataset be balanced before the decision tree is fitted.Learn more about Decision trees, here
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Principles of Business, 9e Dlabay, Burrow, Kleindl Marketing Case Study Dream Bug Alex and Jenny were ready to purchase their first new car together as a married couple. They had decided on a Volkswagen Beetle. Jenny drove her father’s classic 1968 Beetle Bug in high school when she dated Alex. They were looking forward to buying their dream car. Then they learned Volkswagen tampered with diesel vehicles to trick sensors into producing acceptable emissions ratings when actual emissions were unacceptably high. Now, Alex and Jenny discuss their choice. Jenny: I still want to buy a new VW Bug. For years, Volkswagen has earned a reputation for high-quality German engineering which produces cars that are fun to drive. That is exactly what we want. Alex: That may be true, but how can we trust them now? They advertised that they had clean-burning diesel. In reality, those engineers designed cars to cheat on the test. Jenny: That only applies to the diesel cars. The salesperson said we shouldn’t worry about that. The Beetle we looked at was not diesel. It also had some awesome technical features. Maybe if we delay our purchase, Volkswagen will drop prices to pull in customers. Alex: We should be careful not to base such an important decision on emotion. This is a big investment for us. We cannot have our hearts set on one car. There are other cars with awesome technical features. Besides, I heard that VW has set aside more than $7 billion to cover the costs of this scandal and may need to set aside much more than that. What happens if our local dealership closes? What do we do about service and repairs? Jenny: I suppose you are right. I should be rational. I have had a long-term relationship with VW Bugs and I finally have the chance to own a new one. That doesn’t mean I must buy one, though. I just can’t believe that Volkswagen would lie about its products. This must be an isolated event. Alex: Are you willing to bet our savings on that? Think Critically 1. Identify the marketing functions discussed in the case. How have these functions been impacted by the Volkswagen emission problem? 2. What role does trust play in marketing case? 3. Outline a strategy that Volkswagen could follow to improve its image and help bring back buyers like Alex and Jenny.
The marketing functions discussed in the case are related to communication and advertising, distribution and positioning of the company in the market.
Has Volkswagen's emissions problem impacted marketing functions?Yes, because we see that the fact that the company had tampered with diesel vehicles to fool the sensors and produce acceptable emissions ratings, even if these were high, caused consumer reliability to be reduced, as in the case where Jenny and Alex discussed their choice to purchase a branded car.
The role of trust in marketing is related to the actions that the company takes in relation to its positioning, products and services, and can directly influence consumer perception, with trust being an essential characteristic for the company's reputation.
Therefore, to improve its image and bring back buyers like Alex and Jenny, the company should pursue a strategy of transparency and compensation with investments in socio-environmental programs.
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The federal gift tax applies to all gifts over
O $2,000.
O $10,000.
$14,000.
$18,000.
The federal gift tax applies to all gifts over: C. $14,000.
What is the IRC?The IRC is an abbreviation for Internal Revenue Code and it can be defined as a body of federal statutory tax law that is saddled with the responsibility of codifying all federal tax laws in the United States of America, such as the following:
Income taxEstate taxGift taxExcise taxAlcohol taxEmployment taxAccording to the Internal Revenue Code section, §2502, for the year 2014, 2015, 2016, and 2017, the federal gift tax applies to all gifts that are over 14,000 dollars.
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henry, age 19, buys a car from superauto sales, inc. in this state, the age of majority is 21 years old. before henry celebrates his 21st birthday, this contract can be disaffirmed by
The age of majority in this state is 21, thus Henry, who is 19 years old, purchases an automobile from Contract law super auto sales, inc. This Agreement may not be terminated by anybody other than Henry before his 21st birthday.
Contract law holds that any agreements made with a minor are void, unenforceable, and of no force or effect. The agreement stated that Super Auto, the other party, would be bound by terminated its provisions and that only Henry could renege on the arrangement and declare it void. If the Agreement is in existence when Henry reaches the age of majority, Henry shall be bound by the terms of the Agreement.
An agreement involving the exchange of commodities, services, assets, or money is governed, enforced, and interpreted by a body of legislation known as contract law. Contract law states that an agreement between two or more people or corporate entities that contains a promise to perform something in exchange for a benefit or advantage is enforceable. Contract law is at the heart of many business transactions, and anyone going into one should be aware that breaking the terms of the agreement, even unintentionally, could have serious repercussions.
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What is the most important aspect of the loan process for a bank?
A: That you ask politely and are well mannered
B: The occupation in which you work
C: The score you earned on your credit report
D: Your professional appearance and good looks
Answer:
credit history and score; 2) collateral (type of property being secured); 3) cash (your down payment) and 4) capacity (how much debt you have versus income every month). “Underwriters review the loan based on the above criteria, as well as layered risk factors,” explains Gage
When the government does not use quotas, taxes or other means to restrict what its citizens can buy from or sell to another country, it is called trade.
When the government does not use quotas, taxes or other means to restrict what its citizens can buy from or sell to another country, it refers to free trade.
A free trade agreement can be defined as a pact between two or more nations to reduce barriers to exports and imports among them. Some goods and services can be bought and sold across international borders with little or no government tariffs, subsidies, quotas or prohibitions to inhibit their exchange under a free trade agreement.
There are 3 types of Trade Agreements, such as:
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While working in a group, two of the members are not getting along. You bring the two members together so they can discuss this issue. The issue is that neither member wants to work on the actual research; they both just want to create the presentation. They work together through the steps of conflict resolution and agree to share the research and work together on creating the presentation.
What step of the conflict resolution process is this?
The statement " agree to share the research and work together on creating the presentation. " is the "Develop an agreement" step of conflict resolution.
This is further explained below.
What is conflict resolution?Generally, The process of finding a mutually agreeable and peaceful conclusion to a problem involving two or more people is referred to as conflict resolution.
There might be a variety of reasons for the dispute, including personal, economical, political, or emotional factors.
When a disagreement emerges, the most effective strategy for resolving the conflict is often to engage in some kind of negotiation.
The tactics and procedures that are engaged in ensuring the peaceful termination of conflict and punishment are referred to collectively as "conflict resolution."
In conclusion, The steps of conflict resolution are
Determine where the issue is coming from. What precisely is the problem at hand? Consider the situation from a broader perspective and look for additional obstacles.Create a shared vision for the future.Investigate the many means through which their objective might be attained.Develop an agreement.Read more about conflict resolution
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according to philosopher william parent, what are the questions that should be considered in order to determine whether an employer's actions are justifiable or have the potential for an invasion of privacy with regard to workplace monitoring policies? (check all that apply.)
There is a worry that monitoring can make the workplace untrustworthy and unfriendly privacy.
Employees assert that surveillance breaches their core human right to privacy since it is inherently intrusive. These techniques include time clocks, video surveillance, GPS devices, staff tracking software, and biometric technology. For instance, video monitoring can improve the efficiency and security of your company. It forbids EU businesses from sending personal data to a non-EU nation unless that nation upholds "adequate protections" of its own. privacy Even when consent has been provided, the ECPA prohibits interception. workplace The most unethical and frequently even criminal monitoring activity is spying on employees without their knowledge or consent. Using this method is acceptable when employers wish to investigate potential misconduct and The practice of limiting access to people, accounts, and computing processes depending on the resources readily accessible for ordinary tasks is known as least privilege. Users are only given the lowest clearance level necessary for them to carry out their functions when enforcement is in place workplace.
Monitoring who had unauthorized access to data will be aided by auditing access records.
The adequate protection of employee and customer data will be ensured by these measures, which will be successful in ensuring good privacy practices in the workplace.
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Question 7
A credit union would be considered a..?
Deposit Institution
Non-Deposit Institution
A credit union would be considered a deposit institution.
What is a credit union?A credit union is described as a financial institution that offers banking services to its members. It is important to mention that credit unions fall into the category of financial institutions that operated as financial cooperatives. However, they offer fewer facilities when compared to a traditional bank.
A credit union solely serves its members and just like traditional banks also accepts deposits from the members. It can also be highlighted that credit unions facilitate their members with a place to save their money and also borrow money at reasonable rates.
It can be concluded that a credit union would be considered a deposit institution.
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the document that the purchasing department uses to place an order with a vendor is called the: multiple choice purchase requisition. purchase order. invoice. receiving report. invoice approval.
The document that the purchasing department uses to place an order with a vendor is called the purchase order. Thus, option B is correct.
What is purchase?A purchase is when a person makes a purchase or acquires possession of a product. A price must be paid in order to purchase an item. A computer, a condo, an automobile, or even some detergent can be the purchased object.
A purchase order is the list of items that will be given to the vendor as the condition in which the businessmen will have to give the order. It contains the quantity and the item that is needed.
Therefore, option B is the correct option.
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mitch owns a large moving company. over the years, the market has changed, and mitch has had to adapt how he structures his resources and activities to continue to accomplish his business objectives efficiently and effectively. what does this scenario demonstrate?
Resources and activities to continue to accomplish his business objectives efficiently and effectively. This scenario demonstrates organizing occurs continuously.
Inside the performing arts, a state of affairs is a synoptical collage of an occasion or collection of moves and events. Inside the commedia dell'arte, it turned into an outline of entrances, exits, and motion describing the plot of a play, and was actually pinned to the lower back of the scenery. It is also called canovaccio or "that that's pinned to the canvas" on which the surroundings became built. Surviving scenarios from the Renaissance comprise little aside from individual names, short descriptions of action, and references to particular lazzi and not using in addition rationalization. It is believed that a state of affairs fashioned the idea for a totally improvisational overall performance, although it's also likely that they had been easy reminders of the plot for those contributors of the cast who were literate. Current Commedia troupes most customarily employ a script with various tiers of additional improvisation.
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when gdp per capita is used as a rough measure to compare the economic regions of the world, latin america and the caribbean are better off than , but worse off than .
When GDP per capita is used as a rough measure to compare the economic regions of the World, Latin America and the Caribbean are better off than Sub-Saharan Africa, but worse off than South Asia, Eastern Europe, and Central Asia. The correct answer is option(a).
A country's Gross Domestic Product (GDP) per capita is calculated by dividing the GDP by the entire population. The world's nations are ranked in the table below by nominal GDP per capita and GDP at purchasing power parity (PPP) per capita.
Higher GDP per capita is frequently linked to favorable outcomes in various sectors, including better health, more education, and even higher levels of life satisfaction. We have learned from the fiscal and monetary history of Latin America and the Caribbean that continuous monetary financing of persistent budgetary deficits is the principal cause of the escalating inflation rates that have exceeded 20% annually for many months.
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The complete question is:
When GDP per capita is used as a rough measure to compare the economic regions of the World, Latin America and the Caribbean are better off than _________________, but worse off than ___________________.
A. Sub-Saharan Africa; South Asia, Eastern Europe and Central Asia
B. Eastern Europe and Central Asia; East Asia and the Pacific
C. East Asia and the Pacific; the Middle East and North Africa
D. South Asia; Eastern Europe and Central Asia
You are interested in saving money for your first house. Your plan is to make regular deposits into an account that will earn 12. 20% per year. Your first deposit of $4,500 will be made today. You also plan to make additional deposits at the end each of the next 9 years of $2,000. How much money will be in your account after making your final deposit?.
The future value of the deposit will be calculated by considering both lump sum deposit and annuity and combined value will be $42,483, i.e., option (a).
Given information:
Periodic cash flow (P) = $2,000
Interest rate (i) = 12.2%
Time period (n) = 9
Future Value of annuity = P*[ (1+i) ^n-1] /i
=2,000* [(1.122) ^9 -1}/i
= 2,000*(1.818/0.122)
= 2,000*14.901
= 29,802
Therefore, future value of annuity is $29,802.
Future value of lump sum:
Given information:
Amount (P) = $4,500
Interest rate (i) = 12.2%
Time (t) = 9 years
Future value = P*(1+i) ^n
= 4,500 (1.122) ^9
= 12,681
Therefore, future value of lump sum is $12,681
Total maturity amount = $29,802 + $12,681
= $42,483
The complete question is here:
You are interested in saving money for your first house. Your plan is to make regular deposits into an account that will earn 12.20% per year. Your first deposit of $4,500 will be made today. You also plan to make additional deposits at the end of each of the next 9 years of $2,000. How much money will be in your account after making your final deposit?
a) $42,483
b) $46,096
c) $41,041
d) $41,389
e) $41,012
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true or false: the national labor relations act of 1935 limited management interference in the right of employees to have a collective bargaining agent.
This is true. The national labor relations act of 1935 limited management interference in the right of employees to have a collective bargaining agent.
What did the national labor relations act of 1935 do?In the year 1935, the congress of the United States had to pass this law into the nation. This was what gave the people in the nation the right to the policy that the collective bargaining efforts of workers are protected and they also have all of the rights that has to do with the freedom of association.
Therefore the answer to the question is true because it did give the employees the needed rights that they had for collective bargaining.
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if a check correctly written and paid by the bank for $118 is incorrectly recorded in the company's books for $181, how should this error be treated on the bank reconciliation?
If a check correctly written and paid by the bank for $118 is incorrectly recorded in the company's books for $181, this can be corrected as adding $63 in the Cash Book balance.
What is Bank Reconciliation?Bank Reconciliation is the reconciling of the bank statement and cash book. The difference is the transactions that are omitted in the cash book, the transactions that are recorded with wrong amount in the cash book and the transactions that ae pending on the bank and will be settled on a future date.
As the check that was paid by the bank is written correctly but incorrectly recorded as a greater amount. The differential amount is to be deducted from the Cash book to correct the error and tie the balance. This correction will correct the balance of the cash book maintained by the company and the ending or closing balance of the bank account will be matched.
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A grocer sells apples for $1. 35 each, pears for $1. 45 each and oranges for $1. 60 each. She also offers a discount of 70c for anyone who buys two pieces of fruit, and a discount of $1. 60 for anyone who buys three pieces of fruit. One day she sells 50 pieces of each type of fruit, for a total of $202. How many customers did she have, assuming each customer bought 1, 2 or 3 pieces of fruit?.
The fruit seller has approximately 60-70 customers who bought 1, 2 or 3
pieces of fruit.
In the shop of the fruit seller Cost of each apple- $1.35, each pear- $1.45, each orange- $ 1.60 On selling 50 units, cost of apples will be 67.50, pears will be 72.50 orange- 80.00, total will be 220 but it is 202.
On dividing the total amount by no. of fruits we get an approx no. of customers, i.e. 220 ÷ 3 = 73.3. Approximately 60 - 70 customers. 60 - 70 customers are her fruit buyers only if 3 pieces were also bought, if no one bought 3 pieces then the no. of customers will increase.
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on january 1, 1980 suzanne received a twenty-year annuity-due that paid $100 each january 1 and $300 each july 1. what was the value of this annuity on january 1, 1980, calculated using an effective interest rate of 4.48%?
The value of the annuity due on January 1, 1980 is equal to the present value of the annuity due, that is $5,445.7
The given interest is the effective interest rate : 4.48%.
Both payment on January 1 and July 1 is once a year, hence Suzanne will receive $400 per year.
The present value of an annuity due is given by:
P = C × [1 - (1+i)⁻ⁿ] × (1+i)/i
Where:
C = cash flow
n = number of periods
i = interest rate
Parameters given:
i = 4.48% = 0.0448
n = 20
C = 400
Plug these parameters into the formula:
P = 400 × [1 - (1.0448)⁻²⁰] × (1.0448)/0.0448
= 5,445.7
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A ________ is a financial agreement between you and the dealership, where you agree to pay a certain price for the right to drive the car for a set period of time.
A lease is a financial agreement between you and the dealership, where you agree to pay a certain price for the right to drive the car for a set period of time.
What is price?Price can be defined as an amount of money which is primarily set by the seller of a good, product, or service, and it must be paid by a buyer to the seller, so as to enable the acquisition of this good, product, or service.
What is a lease?A lease can be defined as a financial agreement that exist between a buyer and the dealership, wherein the buyer completely agrees to pay an amount of money, in order to acquire the right to use a good, product, or service for a specific period of time.
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Complete Question:
A ________ is a financial agreement between you and the dealership, where you agree to pay a certain price for the right to drive the car for a set period of time.
A. payment
B. lease
C. loan
D. right to buy
the following data relate to direct labor costs for the current period: standard costs 7,500 hours at $11.70 actual costs 6,000 hours at $12.00 what is the direct labor time variance? group of answer choices $17,550 favorable $17,550 unfavorable $18,000 favorable $18,000 unfavorable
The direct labor time variance is $17,550 favorable if the standard costs 7500 hours at $11.70 and the actual costs 6000 hours at $12.00
Labor time variance can be described as the difference between the actual and standard direct labor rate per hour for the total number of hours worked.
The direct labor time variance can be calculated using the following formula;
direct labor variance = (Standard hours allowed - Actual hours) × Standard rate
As the standard hours were 7500 and the actual hours were 6000 and the standard rate is $11.70 we substitute these values in this equation of direct labor time variance as follows;
direct labor variance = ( 7500 - 6000 ) × 11.70
direct labor variance = 1500 × 11.70
direct labor variance = 17,500
Therefore, the direct labor time variance is calculated to be $17,550 favorable.
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