The Low-Price auto insurance company offers a bottom-dollar deal that meets minimum car insurance policy requirements. It creates a marketing message that gives customers information on how expensive other insurances are in comparison. It invites consumers to shop around and compare prices. Low-Price focuses solely on price point and mentions very little about what is covered for that policy. Which type of psychological pricing communication does Low-Price use

Answers

Answer 1

Answer:

Inviting Price Comparison.

Explanation:

In this type of comparison, the company develop two scenarios in which the first situation,  the people compare the product price with the existing product and in the other situation where the company inform the customer to compare the product price with the existing product

Hence, the given situation represent the inviting price comparsion


Related Questions

The economy of the United States can be best described as
a) a mixed economy
b) a command economy
c) a mixed economy, but predominantly command and tradition
d)
a pure free marker

Answers

Answer:

A a mixed economy.

Explanation:

The asnswer is a mixed economy

The answer will be mostly likely a
Hopefully it helps

Suppose that Nevada Co., a US-based MNC, makes regular, monthly purchases of materials from a German supplier named Spicurity. These regular payments are typically in the amount of 300,000 euros. Last month the exchange rate was $1.93 per euro. Nevada Co. only has cash reserves in dollars, while Spicurity only has cash reserves in euros. Suppose both companies use the same bank.
In order to conduct this transaction last month, Nevada Co.
Required:
a. $_____ to pay for the materials. Thus, the bank handling the transaction reduced Nevada’s account by this amount, denominated in
b. __________( euros OR dollars). The bank then converted this amount to c. ___________ d. ________________( euros OR dollars). and credited it to Spicurity’s account.

Answers

Answer:

In order to conduct this transaction last month, Nevada Co.

Required:

a. $_579,000____ to pay for the materials. Thus, the bank handling the transaction reduced Nevada’s account by this amount, denominated in

b. __dollars___( euros OR dollars). The bank then converted this amount to c. ___euros________ from d. ______dollars_____( euros OR dollars). and credited it to Spicurity’s account.

Explanation:

a) Data and Calculations:

Importer = Nevada Co., a US-based MNC

Exporter = Spicurity, a German supplier

Amount of regular payments = 300,000 euros

Exchange rate = $1.93 per euro

Amount in dollars = $579,000 (300,000 euros * $1.93)

b) To convert to dollars from euro, when the exchange rate is $1.93 per euro, we multiply the euro-based amount by the exchange rate.  To convert the dollars to the euro, we divide by the exchange rate.  To multiply or divide depends on which currency has a higher value (e.g. euro vs dollars).

What macroeconomic goal is Real GDP used to measure for?

Answers

Answer:

"Economic growth " would be the correct answer.

Explanation:

Throughout a particular year, real GDP tests the overall production as well as commodities of the economy, including light of the price adjustments.People should measure or equate GDP throughout the year as inflation would be factored into the equation which would be a fair predictor about wherever the market cycle goes.

Thus the above is the right answer.

Biarritz Corp. is growing quickly. Dividends are expected to grow at a rate of 29 percent for the next three years, with the growth rate falling off to a constant 6.3 percent thereafter.

If the required return is 15 percent and the company just paid a dividend of $2.90, what is the current share price?

Answers

Biarritz Corp. now has a share price of $84.55.

The dividend will grow by 29 percent yearly over the following three years. the following dividends will be paid throughout the first three years:

Dividend for year 1 equals $2.90 times (1 + 29%) to equal $3.75.

Dividend for year 2 equals $3.75 x (1 + 29%) = $4.84

Dividend for year 3 equals $4.84 times (1 + 29%), which equals $6.25.

The rate of dividend growth will eventually slow to a steady 6.3% after three years. the dividend growth formula can be used to determine the dividend for the upcoming year.

Dividend for year 4 equals $6.25 times (1 + 6.3%), or $6.65. The dividend will increase at a 6.3 percent annual pace after the fourth year. The dividend for year five will therefore be $6.65 times (1 + 6.3%) = $7.08

Dividend for year 1 divided by year 2 divided by dividend for year 1 divided by dividend for year 2Dividend for year n+1 = (1 + r) + 2 +...n+1 ÷ (r - g) Where,g = the dividend growth rate and r = the needed rate of return

Dividends for the first year were $3.75,

The second was $4.84, the third was $6.25, and the fourth was $8.00. Dividend for year 5 is $7.08, with r = 15%g = 29% for years 1 through 3 and 6.3% after that.

Consequently, the share price of Biarritz Corp. is currently $84.55.

For more such questions on share price

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You are on a TV game show and can choose one of the following. Which would you
take?

Answers

1,000 in cash is the answer

Pilgrim Industries scheduled its annual sales meeting at Celestial City Resort from January 5-10. In addition to meeting and hotel rooms, the resort was to provide an ice-skating pond for the Pilgrim's annual employee hockey game. In the weeks before the meeting, the resort is hit with its worst heat wave on record. Although hotel and meeting rooms are available, there is no possibility of ice skating at the site. If a court finds that the one of Pilgrim's principal purposes in the agreement was the inclusion of an ice-skating pond, the Pilgrim-Celestial contract could be discharged via the doctrine of:

Answers

Answer:

If a court finds that the one of Pilgrim's principal purposes in the agreement was the inclusion of an ice-skating pond, the Pilgrim-Celestial contract could be discharged via the doctrine of:

Frustration of Purpose.

Explanation:

The doctrine of Frustration of Purpose occurs when there is a change of circumstances that is not the fault of either Pilgrim Industries or Celestial City Resort.  Since these two parties did not cause the circumstances that made it legally, physically, or commercially impossible to fulfil the contract, the contract can be discharged by the court based on this doctrine.  It is also known as Force Majeure.

ob 412 was one of the many jobs started and completed during the year. The job required $9,700 in direct materials and 45 hours of direct labor time at a total direct labor cost of $10,600. If the job contained four units and the company billed at 65% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer

Answers

Answer:

the price per unit that should be charged to the customer is $8,373.75

Explanation:

The computation of the price per unit that should be charged to the customer is shown below

Unit product cost = ($9,700 + $10,600) ÷ 4 units

= $5,075 per unit

Now the price per unit is

= Unit product cost × given percentage

= $5,075 × 165%

= $8,373.75

hence, the price per unit that should be charged to the customer is $8,373.75

On 20/07/2019, "ABC" Company sold goods to customer "X" with a total value of $120.000 The customer pad
40% cash, and signed a 80 days, 10% note for the reaming balance.
Instructions:
Based on the above given information answer the following questions, assuming the company has a fiscal year
ending 31/8:
1)
What is the amount of sales revenue that "ABC" Company must record on August 10 2019
2) on 31/8/2020 « ABC » company must a note
receivable with an amount on statement of
financial position?
Help me with these two questions please

Answers

Answer:

1) total sales revenue = $120,000

this amount holds regardless of how much money was collected in cash or if an account/note receivable was recorded

2) the company must recognize interest revenue:

principal = $72,000

interest revenue = $72,000 x 10% x 40/360 days = $800

Dr Interest receivable 8000

    Cr Interest revenue 800

A company has two products: Cakes and Cookies. It uses activity-based costing and has prepared the following analysis showing budgeted costs and activities. Use this information to compute (a) the company's overhead rates for each of the three activities and (b) the amount of overhead allocated to Cakes.

Answers

Answer and Explanation:

The computation is shown below:

a. Overhead rate for each of the three activities is

For activity 1

= $60,000 ÷1500

= $40

For activity 2

= $75,000 ÷ 3,000

= $25

For activity 3

= $90,000 ÷ 1,700

= $53

b. The amount of overhead allocated is

= 40 ×700 + 25 × 1500 + 800 × 53

= $28,000 + $37,500 + $42,400

= $107,900

Pix Company has the following production data for March: no beginning work in process, units started and completed 25,500, and ending work in process 4,400 units that are 100% complete for materials and 40% complete for conversion costs. Pix uses the FIFO method to compute equivalent units. If unit materials cost is $5 and unit conversion cost is $12, determine the costs to be assigned to the units transferred out and the units in ending work in process. The total costs to be assigned are $476,620.

Answers

Answer:

Ending Work In Process Cost =  $43,120

Units Transferred out Cost =  $433,500

Explanation:

Step 1 : Equivalent units calculation

Materials

Ending Work in Process = 4,400 x 100% = 4,400 units

Conversion

Ending Work in Process = 4,400 x 40% = 1,760 units

Step 2 : Total Costs assigned to Ending Work In Process

Ending Work In Process Cost = Materials + Conversion Costs

                                                 = 4,400 x $5 + 1,760 x $12

                                                 = $43,120

Step 3 : Total Cost of Units Transferred out

Units Transferred out = Total Unit Cost x Units transferred

                                    = $17.00 x 25,500

                                    = $433,500

Rupali’s financial advisor tells her that she needs a personal balance sheet. Rupali has no idea what this is. What should the financial advisor tell her about a personal balance sheet?
a) Her bank can print one out for her if she requests it.
b) Emergency expenses are listed at the top of this document.
c) It ultimately will show her what her net worth totals.
d) It describes her cash flow situation over the past few months.

Answers

Answer:

d) It describes her cash flow situation over the past few months.

Explanation:

Balance sheet is a statement of account of an individual, which showcases the cash flow situation of that particular individual. That is, the debt and the credit associated with the bank account statement of the individual in question.

It is used to keep track of the financial growth and net-worth which helps in making a balanced decision. In her case, assuming she is applying for a loan, the cash flow situation of hers would enable the financial advisor in a bank to be clear on the actual amount she could eligible to get as a loan.

Answer:

It ultimately will show her what her net worth totals.

Explanation:

Correct for Gradpoint

Alex has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and a Zony model that is priced at $140. Alex decides to purchase the Zony Blu-Ray player for $140 Identify what role money plays in each of the following parts of the story. Hint: Select each role only once.
Role of Money Medium of Exchange Unit of Account Store of Value
Alex can easily determine that the Panaview model has a lower price than the Zony model.
Alex saved $30 per week.
Alex pays $140 for the Blu-Ray player

Answers

Answer and Explanation:

The classification is as follows:

Alex could easily measured that Panaview have the less price - Unit of account as the money represent the measurement of unit of price  

Alex saved $30 per week - Store of value as Alex is saving for use the money in near future  

Alex pays $140 - Medium of exchange. In this alex would pay the money to purchase the Blu-ray

Unimart Precision Manufacturing

Beginning inventory
Merchandise $275,000
Finished goods $450,000
Cost of purchases 500,000
Cost of goods manufactured 900,000
Ending inventory
Merchandise 115,000
Finished goods 375,000

Required:
Compute cost of goods sold for each of these two companies for the year.

Answers

Answer:

Cost of goods sold for each of these two companies for the year :

Unimart  =  $660,000

Precision Manufacturing = $975,000

Explanation:

Note : I have attached the full question as image below.

Unimart

Beginning Merchandise Inventory                  $275,000

Add Purchases                                                 $500,000

Less Ending Merchandise Inventory               ($115,000)

Cost of Goods Sold                                          $660,000

Precision Manufacturing

Beginning Finished Goods Inventory            $450,000

Add Cost of Goods Manufactured                 $900,000

Less Ending Finished Goods Inventory        ($375,000)

Cost of Goods Sold                                         $975,000

As a manager, you are planning to write an annual report on various activities of your organization, write three steps that will consider before your write-up​

Answers

Answer:

Three activities that a manager should carry out before presenting the report:

1. Meeting with the leaders of each of the divisions of the organization, in order to get information about the general results that the division achieved, and also in order to discuss the most pressing matters in each of them.

2. Obtaining the main financial data. This data should be summarized and displayed in a meaningful and attractive way.

3. Preparing the order of the report, its contents and its presentation.

Bushard Company (buyer) and Schmidt, Inc. (seller) engaged in the following transactions during February 2019:

Bushard Company
DATE TRANSACTIONS
2019
Feb. 10 Purchased merchandise for $5,000 from Schmidt, Inc., Invoice 1980, terms 1/10, n/30.
13 Received Credit Memorandum 230 from Schmidt, Inc., for damaged merchandise totaling $200 that was returned; the goods were purchased on Invoice 1980, dated February 10.
19 Paid amount due to Schmidt, Inc., for Invoice 1980 of February 10, less the return of February 13 and less the cash discount, Check 2010. Schmidt, Inc.

DATE TRANSACTIONS
2019
Feb. 10 Sold merchandise for $5,000 on account to Bushard Company, Invoice 1980, terms 1/10, n/30.
13 Issued Credit Memorandum 230 to Bushard Company for damaged merchandise totaling $200 that was returned; the goods were purchased on Invoice 1980, dated February 10.
19 Received payment from Bushard Company for Invoice 1980 of February 10, less the return of February 13 and less the cash discount, Check 2010.

Required:
Journalize the transactions above in a general journal for both Bushard Company and Schmidt, Inc.

Answers

Answer:

Bushard Company (buyer) and Schmidt, Inc. (seller)

Journal Entries:

Bushard Company

Feb. 10 Debit Inventory $5,000

Credit Accounts payable (Schmidt, Inc.) $5,000

To record the purchase of goods on account, via Invoice 1980, terms 1/10, n/30.

13 Debit Accounts payable (Schmidt, Inc.) $200

Credit Inventory $200

To record the return of damaged goods and received Credit Memorandum 230.

19 Debit Accounts payable (Schmidt, Inc.) $4,800

Credit Cash $4,752

Credit Cash Discounts $48

To record the payment on account and discounts.

Schmidt, Inc.

Feb. 10 Debit Accounts receivable (Bushard Company) $5,000

Credit Sales revenue $5,000

To record the sale of goods on account, Invoice 1980, terms 1/10, n/30.

13 Debit Sales returns $200

Credit Accounts receivable (Bushard Company) $200

To record the return of damaged, issuing Credit Memorandum 230.

19 Debit Cash $4,752

Debit Cash Discounts $48

Credit Accounts receivable (Bushard Company) $4,800

To record the receipt of cash from customer, including discounts.

Explanation:

a) Data and Analysis:

Bushard Company

Feb. 10 Inventory $5,000 Accounts payable (Schmidt, Inc.) $5,000, Invoice 1980, terms 1/10, n/30.

13 Accounts payable (Schmidt, Inc.) $200 Inventory $200  Credit Memorandum 230, damaged merchandise.

19 Accounts payable (Schmidt, Inc.) $4,800 Cash $4,752 Cash Discounts $48

Schmidt, Inc.

Feb. 10 Accounts receivable (Bushard Company) $5,000 Sales revenue $5,000, Invoice 1980, terms 1/10, n/30.

13 Sales returns $200 Accounts receivable (Bushard Company) $200  Credit Memorandum 230, damaged merchandise.

19 Cash $4,752 Cash Discounts $48 Accounts receivable (Bushard Company) $4,800

Windsor, Inc. purchased a delivery truck for $32,000 on January 1, 2022. The truck has an expected salvage value of $4,000, and is expected to be driven 100,000 miles over its estimated useful life of 8 years. Actual miles driven were 16,600 in 2022 and 13,100 in 2023. (a1) Calculate depreciable cost per mile under units-of-activity method. (Round answer to 2 decimal places, e.g. 0.50.) Depreciable cost

Answers

Answer:

Depreciable cost per mile= $0.28

Explanation:

Giving the following information:

Purchase price= $32,000

Salvage value= $4,000

Miles= 100,000

To calculate the depreciable cost per mile under the units-of-activity method, we need to use the following formula:

Depreciable cost per mile= (original cost - salvage value)/useful life of production in miles]

Depreciable cost per mile= (32,000 - 4,000) / 100,000

Depreciable cost per mile= $0.28

The Bradford Company issued 12% bonds, dated January 1, with a face amount of $87 million on January 1, 2021. The bonds mature on December 31, 2030 (10 years). For bonds of similar risk and maturity, the market yield is 14%. Interest is paid semiannually on June 30 and December 31. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Required: 1. Determine the price of the bonds at January 1, 2021. 2. to 4. Prepare the journal entries to record their issuance by The Bradford Company on January 1, 2021, interest on June 30, 2021 and interest on December 31, 2021 (at the effective rate).

Answers

Answer:

1. $77,783,220

2. Jan-21

Dr Cash $ $77,783,220

Dr Discount On Bond $9,216,780

Cr Bond Payable $ $87,000,000

Explanation:

1. Calculation to Determine the price of the bonds at January 1, 2021.

First step is to calculate the Present Value Of Annual Interest

a Semi-annual Interest Amount $5,220,000

($87,000,000*12%/2)

b PV Annuity Factor for (20 Years,14%/2=7%) 10.5940

c Present Value Of Annual Interest (a*b) $ $55,300,680

($5,220,000*10.5940)

Second step is to calculate Present Value Of Redemption Amount

a Redemption Value $ $87,000,000

b PV Factor Of (20 Years,7%) 0.25842

c Present Value Of Redemption Amount (a*b) $ $22,482,540

($87,000,000*0.25842 )

Now let Determine the price of the bonds at January 1, 2021.

Intrinsic Value ( Price ) Of The Bond = ($55,300,680+$22,482,540)

Intrinsic Value ( Price ) Of The Bond =$77,783,220

Therefore the price of the bonds at January 1, 2021 is $77,783,220

2. Preparation of the journal entries to record their issuance by The Bradford Company on January 1, 2021,

Jan-21

Dr Cash $ $77,783,220

Dr Discount On Bond $9,216,780

($87,000,000-$77,783,220)

Cr Bond Payable $ $87,000,000

(Being to record issuance of bond)

3. Preparation of the journal entries to record their issuance by The Bradford Company on ion June 30, 2021

Jun-30

Dr Interest expenses $ 53,82,240

Discount On Bond payable $ 2,22,240

Cash $5,220,000

4.Preparation of the journal entries to record their issuance by The Bradford Company on

December 31, 2021

Dec-31 Interest expenses $ 53,97,797

Discount On Bond payable $ 2,37,797

Cash $5,220,000

( to record interest payment)

One of the biggest differences between men and women consumers is that men tend to stay loyal to a store. Women are much more ready to shop around-- perhaps because they demand more from their products than men. Andrea purchased a copy of Fit magazine because it contained an article about selecting the right jogging suit. The enduring belief that it is a person:______.

Answers

Answer:

Since marketing is the process of creating, communicating and delivering products to customers with the aim of satisfying their needs, the purpose of a marketing philosophy is to identify and fulfill those needs, as well as wants and demands.

On July 1, Year 1, Livingston Corporation, a wholesaler of manufacturing equipment, issued $7,200,000 of 8-year, 11% bonds at a market (effective) interest rate of 12%, receiving cash of $6,836,187. Interest on the bonds is payable semiannually on December 31 and June 30. The fiscal year of the company is the calendar year.
Required:
1. Journalize the entry to record the amount of cash proceeds from the issuance of the bonds on July 1, Year 1.
Year 1 July 1 Cash 309.236
Discount on Bonds Payable 3,690,764
Bonds Payable 46,000,000
2. Journalize the entries to record the following:
A. The first semiannual interest payment on December 31, Year 1, and the amortization of the bond discount, using the straight-line method.
B. The interest payment on June 30, Year 2, and the amortization of the bond discount, using the interest method.
3. Determine the total interest expense for Year 1.

Answers

Answer:

Livingston Corporation

1.

Year 1 July 1

Debit Cash $6,836,187

Debit Discount on Bonds Payable $363,813

Credit Bonds Payable $7,200,000

To record bonds proceeds and liability.

2.

A. The first semiannual interest payment on December 31, Year 1, and the amortization of the bond discount, using the straight-line method.

December 31, Year 1:

Debit Interest Expense $418,738

Credit Bond Discounts $22,738

Credit Cash $396,000

To record interest expense for the first six months and the amortization of bond discounts.

B. The interest payment on June 30, Year 2, and the amortization of the bond discount, using the interest method.

December 31, Year 1:

Debit Interest Expense $411,021

Credit Bond Discounts $15,021

Credit Cash $396,000

To record interest expense for the second six months and the amortization of bond discounts.

3. Determine the total interest expense for Year 1.

Total interest expense for Year 1:

                                            Straight-                Effective

                                       Line Method       Interest Method

December 31, Year 1         $418,738                $410,171 ($6,836,187 * 6%)

= Cash payment + Semi-annual

Amortization of bonds discount

=                        ($396,000 + $22,738)    

Explanation:

a) Data and Calculations:

Face value of bonds issued = $7,200,0

Cash received = $6,836,187

Total bonds discount = $363,813 ($7,200,000 - $6,836,187)

Period of bonds = 8 years

Interest rate of bonds = 11%

Effective interest rate = 12%

Semi-annual cash payment = $396,000 ($7,200,000 * 11% * 6/12)

First interest expense on December 31 Year 1 = $410,171 ($6,836,187 * 12% * 6/12)

Amortization of bond discount for the first six months = $14,171 ($410,171 - $396,000)

Bond balance after the first six months = $6,850,358 ($6,836,187 + $14,171)

Second interest expense on June 30, Year 2 = $411,021 ($6,850,358 * 6%)

Amortization of bond discount for the second six months (June 30, Year 2) = $15,021 ($411,021 - $396,000)

Bond balance on June 30, Year 2 = $6,865,379 ($6,850,358 + $15,021)

Straight-line method amortization:

Semi-annual amortization of bond discount = $22,738 ($363,813/16)

Interest expense = $396,000

There is a justification of management interference in economies . Explain how it can
intervene while narrating the supporter’s view?

Answers

Answer:Governments intervene in markets to address inefficiency. In an optimally efficient market, resources are perfectly allocated to those that need them in the amounts they need. In inefficient markets that is not the case; some may have too much of a resource while others do not have enough. Inefficiency can take many different forms. The government tries to combat these inequities through regulation, taxation, and subsidies. Most governments have any combination of four different objectives when they intervene in the market.

Maximizing Social Welfare

In an unregulated inefficient market, cartels and other types of organizations can wield monopolistic power, raising entry costs and limiting the development of infrastructure. Without regulation, businesses can produce negative externalities without consequence. This all leads to diminished resources, stifled innovation, and minimized trade and its corresponding benefits. Government intervention through regulation can directly address these issues.

Another example of intervention to promote social welfare involves public goods. Certain depletable goods, like public parks, aren’t owned by an individual. This means that no price is assigned to the use of that good and everyone can use it. As a result, it is very easy for these assets to be depleted. Governments intervene to ensure those resources are not depleted.

Macro-Economic Factors

Governments also intervene to minimize the damage caused by naturally occurring economic events. Recessions and inflation are part of the natural business cycle but can have a devastating effect on citizens. In these cases, governments intervene through subsidies and manipulation of the money supply to minimize the harsh impact of economic forces on its constituents.

Socio-Economic Factors

Governments may also intervene in markets to promote general economic fairness. Government often try, through taxation and welfare programs, to reallocate financial resources from the wealthy to those that are most in need. Other examples of market intervention for socio-economic reasons include employment laws to protect certain segments of the population and the regulation of the manufacture of certain products to ensure the health and well-being of consumers.

Explanation:

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1) The company purchased $12,100 of merchandise on account under terms 3/10, n/30. 2) The company returned $1,600 of merchandise to the supplier before payment was made. 3) The liability was paid within the discount period. 4) All of the merchandise purchased was sold for $18,200 cash. What is the gross margin that results from these four transactions

Answers

Answer:

$8,910

Explanation:

Trading Account for the year

Sales                                                                                                 $18,200

Less Cost of Sales

Purchases                                                                         $12,100

Less Purchases Returns                                                  ($1,600)

Less Discounts Received ($12,100 x 10%)                       ($1,210)  ($9,290)

Gross Profit                                                                                         $8,910

Conclusion :

thus, the gross margin that results from these four transactions is $8,910.

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developing). Management has decided to allocate maintenance costs on the basis of machine-hours in each department and personnel costs on the basis of labor-hours worked by the employees in each. The following data appear in the company records for the current period:
Maintenance Personnel Printing Developing
Machine-hours — 1,800 1,800 5,400
Labor-hours 650 — 650 2,600
Department direct costs $4,000 $14,000 $15,900 $12,600
Required:
Use the direct method to allocate these service department costs to the operating departments. (Negative amounts should be indicated by a minus sign. Do not round intermediate calculations.)
Maintenance Personnel Printing Developing
service dept. costs
maintenance allocation
personnel allocation
total cost allocation

Answers

Answer:

Maintenance $0

Personnel $0

Printing $19,700

Developing $26,800

Explanation:

Calculation to allocate these service department costs to the operating departments Using the direct method

Particulars Allocation Basis Maintenance Personnel Printing Developing

Cost as per primary data

$4,000 $14,000 $15,900 $12,600

SERVICE DEPARTMENT COSTS:

Maintenance allocation (S)

$0 $0 $1,000 $3,000

Personnel allocation (S)

$0 $0 $2,800 $11,200

Total Costs Allocated

$0 $0 $19,700 $26,800

Computation for the allocation of costs:

Maintenance = $4,000 *1,800/(1,800+5,400)

Maintenance = $4,000 *1,800/7,200

Maintenance =$1,000

Personnel = $14,000 *650/650+2,600

Personnel=$14,000 *650/3,250

Personnel=$2,800

Maintenance = $4,000 *5,400/(1,800+5,400)

Maintenance = $4,000 *5,400/7,200

Maintenance = $3,000

Personnel = $14,000 *2,600/650+2,600

Personnel = $14,000 *2,600/3,250

Personnel = $11,200

Therefore allocation of these service department costs to the operating departments Using the direct method will be :

Maintenance $0

Personnel $0

Printing $19,700

Developing $26,800

Assume you are a hiring manager selecting between two finalist candidates, Candidate A and Candidate B. The successful candidate will earn an annual salary of $250,000. Candidate A will generate $500,000 in revenue with 85% probability and $300,000 in revenue with 15% probability. Candidate B will generate $500,000 in revenue with 50% probability and $250,000 inrevenue with 50% probability.a.What is the expected net revenue of Candidate A

Answers

500,000-200,00= ur mom

Which is not true of strategic alliances?

Answers

Question Completion with Options:

a. Strategic alliances refer to cooperative agreements between potential or actual competitors.

b. A firm that enters long-term alliances is expanding its strategic flexibility by committing to its alliance partners.

c. Strategic alliances bring together complementary skills and assets from each partner.

d. Joint venture is not a type of strategic alliances.

Answer:

d. Joint venture is not a type of strategic alliances.

Explanation:

A Joint venture is one of the strategic alliances that companies can form.  Other forms of strategic alliances include equity and nonequity strategic alliances.  In the first place, a strategic alliance is a corporate arrangement that enables two or more companies to undertake some mutually beneficial projects.  With the alliance, each company still retains its independence, knowledge and resources are shared, and new products and markets are developed.

Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: ProductSelling Price per UnitVariable Cost per UnitFixed Costper UnitDL Hoursper UnitA (Anchor bolts)$4.00 $1.00 $2.00 2 B (Bearings)$3.50 $0.50 $2.00 2 C (Castings)$6.00 $2.00 $3.00 3 There are 150 direct labor hours available. Machine-hour capacity allows 100 anchor bolts, only; 50 bearings, only; 40 casters, only; or any combination of the three that does not exceed the capacity. The direct labor hour constraint for Harrington's linear programming model is: ___________

Answers

Answer:

Labour hours constraint :  2a + 2b + 3c ≤ 150

Explanation:

Linear programming is a mathematical model that is used to solve a problem when a firm wants to maximize profit in the midst of multiple resource constraints.

The following steps should be followed:

Step 1: Define the variables

a= the units of product Anchor

b=  the units of product Bearing

c= the units of product Casting

Step 2: Define the constraints:

The constraints represent the limitations which could be resource; in this case machine hours and direct labour hours. Since the constraint in focus is labour hours , so we only consider it.

Subject

Constraints:  Labour hours : 2a + 2b + 3c ≤ 150

Non-negativity constraints a, b , c ≥ 0

Since the total available labour hours is 150 hours then the total consumption hours can either be equal to or less than 150, but can never be higher than 150.

The labour hours constraint  is represented by 2a + 2b + 3c ≤ 150

A company purchased $2,900 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $500 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals:

Answers

Answer: $2376

Explanation:

Based on the information given in the question, the amount of the cash paid on July 8 will be calculated as the difference between the net sales and the discount.

Net sales = $2900 - $500 = $2400

Discount = $2400 × 1% = $24

Therefore, The amount of the cash paid on July 8 will be:

= $2400 - $24

= $2376

One of Shanice's team members is not happy with their performance review and refuses to accept the rating she gave. What should Shanice do?

Answers

Shanice should aim to resolve the issue through open communication, active listening, and a willingness to address the team member's concerns.

Listen and understand: Shanice should create an open and safe space for the team member to express their concerns. She should actively listen and seek to understand their perspective. This demonstrates empathy and shows that she values their input.

Provide clarity: Shanice should provide a clear explanation of the performance review process, including the criteria used to evaluate performance and the specific examples that led to the assigned rating. This can help address any misunderstandings or misconceptions.

Address concerns and offer feedback: Shanice should address the team member's specific concerns and provide constructive feedback. She can highlight areas for improvement and offer guidance on how to enhance performance. It's important for Shanice to focus on specific behaviors and outcomes rather than personal attacks or generalizations.

Seek input and involve the team member: Shanice can ask the team member for their suggestions on how to improve their performance or address their concerns. Involving them in the process can foster a sense of ownership and encourage collaboration.

Consider a reevaluation: If Shanice believes there may have been an oversight or if the team member presents compelling evidence, she can consider a reevaluation of the performance review. This may involve gathering additional feedback or revisiting the evaluation criteria.

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What is strategic relationship management?
O A. Avoiding conflicts between direct stakeholders and indirect
stakeholders
O B. Building and maintaining ongoing contact between parties that is
beneficial to both
O C. Managing change processes to achieve strategic growth for a
profit-seeking organization
O D. Ending relationships between parties that have conflicting needs
and interests

Answers

Answer:

its B

Explanation:

You have big plans for your first year of business, and you estimate you will need to borrow and spend approximately $1.5 million before your baseball shop becomes self-supporting. You have a friend who started her business with the help of loans guaranteed by the U.S. Small Business Administration (SBA), which of the following statements are true?
a. Not all SBA programs provide for $1.5 million in loans.
b. If you cannot get a bank loan with reasonable terms, the SBA has many different lending programs for which your business might be eligible.
c. If you cannot get a bank loan, the SBA guarantees that you will get a loan through one of its programs.
d. The maximum amount available to your business will depend on the specific SBA program for which your business qualifies.

Answers

Answer:

a. Not all SBA programs provide for $1.5 million in loans.

This statement is correct since not every business is the same, some types of business will require larger amounts than others.  

b. If you cannot get a bank loan with reasonable terms, the SBA has many different lending programs for which your business might be eligible.

This is true, and the business loans have different amounts and requisites that fit into different categories.  

d. The maximum amount available to your business will depend on the specific SBA program for which your business qualifies.

This statement is correct since not every business is the same, some types of business will require larger amounts than others.

Explanation:

The management of Gibraltar Brokerage Services anticipates a capital expenditure of $26,000 in 2 yr for the purpose of purchasing new computers and has decided to set up a sinking fund to finance this purchase. If the fund earns interest at the rate of 11%/year compounded quarterly, determine the size of each (equal) quarterly installment that should be deposited in the fund. (Round your answer to the nearest cent.)

Answers

Answer:

$2,949.91.

Explanation:

The size of the quarterly installment can be determined by finding the (Payment) PMT amount using tie value of money principles.

Here I used a financial calculator to set my values and calculate PMT as :

PV = $0

N = 2 x 4 = 8

P/yr = 4

I = 11 %

FV = $26,000

PMT = ?

Therefore the (Payment) PMT is $2,949.91. The size of each (equal) quarterly installment should be  $2,949.91.

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