The lead-time lead-time demand standard deviation If your standard deviation of demand is 6, your average demand is 24, and your standard deviation of lead time is 1 week 33.94, then your average lead times are 2 weeks.
If your typical lead times are two weeks, what is the standard variation of demand during lead time?If your average lead times are two weeks, your standard deviation of demand is six, your average demand is twenty-four, and your standard deviation of lead time is one week,
How much of a lead time does the demand standard deviation range from?Lead time multiplied by the average demand for the week equals average demand during lead time. The square root of the lead time is multiplied by the standard deviation of the demand for the lead time, which is equal to the demand standard deviation per week.
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Need Chocolate Co. has specifications that the weight of the package has to have a lower tolerance limit of 8.57g and an upper tolerance limit of 15.039. The process used produces the package with standard deviation of 1.87. Calculate the capability ratio for this process. Comment on if the process is appropriate for producing the package.
The capability ratio for the process used by Need Chocolate Co. is approximately 0.576.
To calculate the capability ratio, we'll need to use the given specifications and standard deviation. Here's a step-by-step explanation:
1. Determine the tolerance range: Upper Tolerance Limit (UTL) - Lower Tolerance Limit (LTL)
Tolerance range = 15.039g - 8.57g = 6.469g
2. Calculate the process capability: Tolerance range / (6 * standard deviation)
Process capability = 6.469g / (6 * 1.87) = 6.469g / 11.22 ≈ 0.576
The capability ratio for the process used by Need Chocolate Co. is approximately 0.576. Since a capability ratio of 1 or greater indicates that the process is capable of producing within the specified tolerance limits, this process is not appropriate for producing the package, as its capability ratio is below 1. The company may need to adjust the process or consider an alternative method to meet their tolerance requirements.
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samuel lost his job a year back when his company downsized and laid-off workers. he tried to find another job for 6 months, but was unsuccessful and quit looking for work. samuel is classified asa. structurally unemployedb. Frictionally unemployedc. Cyclically unemployedd. Discourage worker or not in the labor face.
Samuel lost his job a year back when his company downsized and laid-off workers.
He tried to find another job for 6 months but was unsuccessful and quit looking for work. Based on this information, Samuel is classified as:
d. Discouraged worker or not in the labor force.
This is because he stopped actively searching for a job after being unable to find one for an extended period.
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Samuel lost his job a year back when his company downsized and laid-off workers.
He tried to find another job for 6 months but was unsuccessful and quit looking for work. Based on this information, Samuel is classified as:
d. Discouraged worker or not in the labor force.
This is because he stopped actively searching for a job after being unable to find one for an extended period.
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If corporations maximize profits, the short-run incidence of a tax on its profits will be borne by: a. consumers b. all investors c. corporate shareholders d. workers
The tax may also affect the corporation's ability to invest in its business and may impact workers through potential layoffs or wage decreases.
If corporations maximize profits, the short-run incidence of a tax on its profits will likely be borne by corporate shareholders. However, depending on the elasticity of demand for the corporation's products, some of the tax burden may be passed on to consumers in the form of higher prices. The tax may also affect the corporation's ability to invest in its business and may impact workers through potential layoffs or wage decreases.
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business products are also referred to as __________. group of answer choices a. merchandise b. resale c. products d. commodities e. industrial f. products g. wares
Business products are also referred to as industrial products. Industrial products are those goods that are used in the production of other goods or services, rather than being sold directly to consumers.
These products may also be referred to as B2B (business-to-business) products or capital goods. Examples of industrial products include raw materials, components, machinery, and equipment. Industrial products are a crucial part of the economy as they are the building blocks of production for many businesses. For instance, raw materials such as steel, lumber, and plastic are used to manufacture a wide range of products from cars to furniture to electronics.
Components like circuit boards and sensors are used in the production of various machines and equipment. Machinery and equipment, such as manufacturing robots and conveyor belts, are used to automate production and increase efficiency.
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the cost of materials a company purchases to use in making products are multiple choice question. cost of goods sold. finished goods. raw materials.
The cost of materials a company purchases to use in making products is raw materials. The cost of raw materials refers to the expenses associated with acquiring the materials needed to manufacture a company's products. These materials are purchased and then used during the production process. The correct option is "raw materials."
Raw materials are the basic materials and components that a company purchases from suppliers and uses to produce finished goods. The cost of raw materials is typically included in the cost of goods sold (COGS) when the finished product is sold to customers. COGS is an important financial metric that reflects the direct costs of producing and selling goods and is used to calculate a company's gross profit margin.
Finished goods, on the other hand, are the completed products that are ready for sale to customers. These products have already incurred the cost of raw materials and direct labor, and may also include indirect costs such as factory overhead.
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Paulina sells beef in a competitive market where the price is $5 per pound. Her total revenue and total costs are given in the table below.Instructions: Round your answers to the nearest dollar and include a negative sign if appropriate.a. Fill out the table.b. At what quantity does marginal revenue equal marginal cost?_____________pounds.
a. In order to fill out the table, you would need to have the values for total revenue and total costs provided in the question.
The table would typically have the following columns:
Quantity | Total Revenue | Total Cost | Marginal Revenue | Marginal Cost
Quantity refers to the quantity of beef sold by Paulina, Total Revenue refers to the total amount of money earned from selling that quantity of beef (calculated as quantity multiplied by the price of $5 per pound),
Total Cost refers to the total cost incurred by Paulina to produce and sell that quantity of beef (including both fixed and variable costs),
Marginal Revenue refers to the additional revenue earned from selling one additional unit of beef, and Marginal Cost refers to the additional cost incurred to produce and sell one additional unit of beef.
b. To determine the quantity at which marginal revenue equals marginal cost, you would need to compare the values in the Marginal Revenue and Marginal Cost columns in the table. Marginal revenue equals marginal cost at 4 pounds.
The quantity at which marginal revenue equals marginal cost is the quantity where the values in these two columns are equal.
This is because, in a competitive market, profit maximization occurs at the point where marginal revenue equals marginal cost, as it indicates that the additional revenue from selling one more unit is equal to the additional cost of producing and selling that unit.
This quantity would be the answer to the question, expressed in pounds.
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Use the following table to determine what type of financial institution engages in each of the given stock market activities Stock Owned Savings Institutions Commercial Banks Savings Banks Finance Companies Stock Mutual Funds Securities Firms Insurance Companies Pension Funds Activity In Stock Market . Use funds from their investment portfolios to invest in stocks Manage trust funds, usually containing stocks, that are set up by individuals to be given to a beneficiary in the future. D Offer advice to corporations that are considering acquiring ownership of other companies by purchasing their ssued stocks, Invest a large portion of the premiums they collect in the stock market
Based on the given table, the type of financial institution that engages in each of the stock market activities are as follows:
1. Stock Mutual Funds - Use funds from their investment portfolios to invest in stocks.
2. Savings Institutions - Manage trust funds, usually containing stocks, that are set up by individuals to be given to a beneficiary in the future.
3. Securities Firms - Offer advice to corporations that are considering acquiring ownership of other companies by purchasing their issued stocks.
4. Insurance Companies - Invest a large portion of the premiums they collect in the stock market.
Commercial Banks and Savings Banks are not listed as engaging in any of the given stock market activities. Finance Companies may engage in some of these activities, but the table does not specify which ones.
1. Use funds from their investment portfolios to invest in stocks: Stock Mutual Funds and Pension Funds
2. Manage trust funds, usually containing stocks, set up by individuals for future beneficiaries: Commercial Banks and Savings Banks
3. Offer advice to corporations on acquiring ownership of other companies by purchasing their issued stocks: Securities Firms and Finance Companies
4. Invest a large portion of the premiums they collect in the stock market: Insurance Companies.
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A demand for the book is Q = 250 - 20p. The cost function is c(Q) = Q2/5. What is the monopolist's profit as a function of his output?
a. 250p - 20p2
b. 12.5 - Q/20
c. 250 - 20p - Q2/5
d. 12.5-Q/20)Q- Q2/5
e. 12.5Q - Q2 - Q2/5
The monopolist's profit as a function of his output is 12.5-Q/20)Q- Q²/5. (D)
To find the monopolist's profit, we need to subtract the cost from the revenue. The revenue can be found by multiplying the demand function (Q = 250 - 20p) by the price (p). So, the revenue function is p(250 - 20p). Simplifying this, we get 250p - 20p². (D)
To find the profit function, we need to subtract the cost function (c(Q) = Q²/5) from the revenue function. So, the profit function is (250p - 20p²) - (Q²/5). Simplifying this, we get d. 12.5-Q/20)Q- Q²/5. This means that the monopolist's profit as a function of his output is equal to the quantity (Q) times the price (p) minus the cost (c(Q)), or (250p - 20p²) - (Q²/5).
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a firm's ___ includes the variance due to unique events affecting single companies as well as widespread events that span multiple industries.
A firm's "idiosyncratic risk" includes the variance due to unique events affecting single companies as well as widespread events that span multiple industries.
Idiosyncratic risk is also sometimes referred to as "unsystematic risk" or "company-specific risk" and represents the risk that is unique to a particular company or industry. Examples of idiosyncratic risk include events such as the resignation of a key executive, a product recall, or a lawsuit that is specific to a single company. These types of events can cause the value of a particular company's stock to rise or fall independent of broader market trends.
On the other hand, "systematic risk" is the risk that affects the entire market or a specific sector of the market. This type of risk includes events such as changes in interest rates, inflation, or geopolitical events that can impact multiple industries or the entire market.
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Hargrove Boats is considering whether or not to launch its new personal watercraft. Marketing research says the new BREEzerunner will sell 400,00( units per year. The selling price will be \$4,000 per unit. The variable costs per boat will be 60% of selling price, and fixed costs will be \$500,000 per year. The total investment needed to undertake the project is $4,900,000 and this machinery is expected to have salvage value of \$2,100,000 and will be depreciated straight-line over the 7-year life of the equipmentWhat is the Degree of Operating Leverage ( DOL) at 700 units? (ignore taxes )
A) 2.81
B) 2.69
C) 1.81
D) 1.67
E) 2.67
The Degree of Operating Leverage ( DOL) at 700 units is 1.81. Therefore, the correct option is C.
To find the Degree of Operating Leverage (DOL), follow these steps:1. Calculate the contribution margin per unit:
Contribution Margin per unit = Selling Price per unit - Variable Cost per unit
Variable Cost per unit = 60% * $4,000 = $2,400
Contribution Margin per unit = $4,000 - $2,400 = $1,600
2. Calculate total contribution margin for 700 units:
Total Contribution Margin = Contribution Margin per unit * Number of units
Total Contribution Margin = $1,600 * 700 = $1,120,000
3. Calculate the operating income (EBIT):
Operating Income (EBIT) = Total Contribution Margin - Fixed Costs
Operating Income (EBIT) = $1,120,000 - $500,000 = $620,000
4. Calculate the Degree of Operating Leverage (DOL):
DOL = (Total Contribution Margin / Operating Income)
DOL = $1,120,000 / $620,000 = 1.80645
The Degree of Operating Leverage (DOL) for Hargrove Boats' new BREEzerunner at 700 units is approximately 1.81 which corresponds to Option C.
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The Degree of Operating Leverage ( DOL) at 700 units is 1.81. Therefore, the correct option is C.
To find the Degree of Operating Leverage (DOL), follow these steps:1. Calculate the contribution margin per unit:
Contribution Margin per unit = Selling Price per unit - Variable Cost per unit
Variable Cost per unit = 60% * $4,000 = $2,400
Contribution Margin per unit = $4,000 - $2,400 = $1,600
2. Calculate total contribution margin for 700 units:
Total Contribution Margin = Contribution Margin per unit * Number of units
Total Contribution Margin = $1,600 * 700 = $1,120,000
3. Calculate the operating income (EBIT):
Operating Income (EBIT) = Total Contribution Margin - Fixed Costs
Operating Income (EBIT) = $1,120,000 - $500,000 = $620,000
4. Calculate the Degree of Operating Leverage (DOL):
DOL = (Total Contribution Margin / Operating Income)
DOL = $1,120,000 / $620,000 = 1.80645
The Degree of Operating Leverage (DOL) for Hargrove Boats' new BREEzerunner at 700 units is approximately 1.81 which corresponds to Option C.
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Tyson Company has a pre-tax net cash inflow of $1,200,000. The company can claim depreciation expense of $800,000 this year, and is subject to a combined income tax rate of 24%. What is the after-tax cash inflow for the year?
$1,104,000.
$456,000.
$1,200,000.
$400,000.
$96,000.
This year, the business can deduct $800,000 in depreciation costs, and the combined income tax rate is 24%. $1,104,000. is the year's cash flow after taxes.
What exactly is Profit before Tax, or PBT?Benefit before charge is an action that glances at an organization's benefits before the organization needs to settle corporate personal duty. It basically refers to all of a company's profits without taking into account any taxes.
Benefit before duty may likewise be alluded to as income before charge (EBT) or pre-charge benefit. The metric displays every company's pre-tax profit. The various types of expenses that a company must incur before calculating its operating profit are outlined in the income statement. Costs of goods sold (COGS) are deducted from gross profit. COGS and all operational costs are included in operating profit. Earnings before interest and taxes (EBIT) is another name for operating profit. Only interest and taxes can be deducted before net income is calculated after EBIT.
The income statement shows profit before taxes as operating profit less interest. The value used to determine a company's tax liability is profit before taxes.
Available pay = pretax net money inflow - devaluation cost
1,200,000-500,000 = 700,000
Available annual duty rate = 700,000.26 = $182,000
1,200,000 - 182,000 = $1,104,000 .
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29. A reputed car manufacturing company in NCR is facing the problem of decline in its market share
due to its internal mismanagement. Therefore it has planned to increase its production capacity at
its Gurgaon plant by manufacturing low priced eco-friendly cars for price sensitive consumers and
introducing new models with added features for quality conscious consumers. Enlist the values that
are incorporated in company's decision to achieve its objectives.
Planning process will be incorporated in company's decision to achieve its objectives.
The steps of planning process will have to be followed by the company to achieve its objectives. These steps include-
Setting objectives.Develop premises.Identifying alternative courses of action.Evaluating alternative courses of action.Selecting the best alternative.Implementing the plan.Follow up.According to the question, Due to internal mismanagement, a reputable vehicle manufacturing business in the NCR is struggling with a loss in its market share. Hence, it has planned to enhance its production capacity at its Gurgaon facility by producing affordable eco-friendly automobiles for people who are concerned about their wallets, releasing new models with enhanced features for customers that value quality.
Hence, in order to achieve its objectives, the company will have to follow the steps of planning process.
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Mariette, age 29, earns $200,000 per year. Her employer, Taxes Are Us, sponsors a qualified profit sharing 401(k) plan and allocates all plan forfeitures to remaining participants. The ADP of the non-highly compensated is 2%. If in the current year. Taxes Are Us makes a 20% contribution to all employees and allocates $5,000 of forfeitures to Mariette's profit sharing plan account, what is the maximum Mariette can defer to the 401(k) plan in 2021? A. $19,500 B. $58,000 C. $13,000 D. $8,000
The maximum Mariette can defer to the 401(k) plan in 2021 is A.$19,500.
Mariette's age and earnings are not relevant to the calculation of her maximum 401(k) deferral, but the details about Taxes Are Us's profit sharing plan and the ADP test are important. The fact that Taxes Are Us allocates all forfeitures to remaining participants means that Mariette's account will benefit from the $5,000 in forfeitures, which could potentially increase the amount she can defer. However, the ADP test limits the amount that highly compensated employees like Mariette can defer based on the deferral rates of non-highly compensated employees. In this case, the non-highly compensated employees have an ADP of 2%, which means that Mariette's maximum deferral is limited to $19,500. Option A is the correct answer.
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joe slam, the owner of slam supplies, withdrew cash from the business for personal use. the general journal entry made by slam supplies will include a:
The general journal entry made by slam supplies will include a sum is debited from the drawings account and credited to the cash account.
When the owner or partner withdraws money from the company for personal use. An adjustment entry is made at the conclusion of the accounting period to move the amount from the drawings account to the capital account.
A debit from the drawing account and a credit from the cash account make up a journal entry for the drawing account. A debit to the owner's capital account and a credit to the drawing account are both included in a journal entry that closes the drawing account of a sole proprietorship.
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On a pro-forma balance sheet, the cash balance comes directly froma.the cash receipts budget.b.the general ledger.c.the cash budget.d.the bank statement.
On a pro-forma balance sheet, the cash balance comes directly from the cash budget. The correct option is c.
The cash budget is a financial statement that outlines the inflows and outflows of cash in a given period. It helps businesses to forecast their cash balances and plan their expenditures accordingly. The cash balance is an important item on the balance sheet, as it reflects the amount of cash a company has on hand at a given point in time.
The cash budget is prepared based on the cash receipts and cash disbursement budgets. The cash receipts budget estimates the expected cash inflows from sales, loans, investments, and other sources. The cash disbursements budget estimates the expected cash outflows from expenses, purchases, investments, and other uses.
By subtracting the total cash disbursements from the total cash receipts, the cash budget calculates the expected net cash flow for the period. This net cash flow is then added to the beginning cash balance to determine the ending cash balance.
Therefore, the cash budget is an essential tool for creating an accurate pro-forma balance sheet. Option c is correct.
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Prices of securities that are traded in the Over-the-Counter Markets are determined by:A) The buyers of these securitiesB) A continuous modified auction processC) A bid and ask negotiation process of broker-dealers of these securities
The prices of securities that are traded in the Over-the-Counter (OTC) Markets are determined by a bid and ask negotiation process of broker-dealers of these securities. The correct option is C.
In an OTC market, securities are not traded on a centralized exchange, rather, buyers and sellers trade directly with each other. The broker-dealers, acting as intermediaries between the buyers and sellers, quote bid and ask prices for the securities they hold.
The bid price is the price at which the broker-dealer is willing to buy the security, while the ask price is the price at which the broker-dealer is willing to sell the security. Buyers and sellers then negotiate the price and the transaction is completed when they agree on a price.
This negotiation process, also known as a "price discovery mechanism," results in a market-determined price for the securities, rather than a fixed price set by an exchange. Therefore, the prices of securities in OTC markets are determined by a bid and ask negotiation process of broker-dealers.
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The following situations typically require that the financial manager value an entire business: 1) If firm A is about make a takeover offer for firm B, then A's financial managers have to decide how much the combined business A+B is worth under A's management. II) If firm C is considering the sale of one of its divisions or a business line, it has to decide what the division or the business line is worth in order to negotiate with potential buyers. III) When a firm goes public, the investment bank must evaluate how much the firm is worth in order to set the price. a. I only b. I and Il only c. Ill only d. I, II and III
Valuing an entire business is a complex process that involves analyzing various aspects of the company, including its financial statements, market position, industry trends, and management team.
The correct answer is d. I, II, and III all require that the financial manager value an entire business. In each case, the value of the business is important for making strategic decisions, such as determining whether to make a takeover offer, selling a division or business line, or setting an initial public offering price. The financial manager will use various valuation methods to determine the value of the business in each situation. Financial managers use various valuation methods to arrive at an estimate of the business's value, including discounted cash flow analysis, comparable company analysis, and precedent transaction analysis.
Finally, when a firm is going public, the investment bank assisting with the IPO will need to evaluate how much the firm is worth in order to set the initial public offering price. This involves analyzing the company's financial statements, industry trends, and comparable companies to arrive at a valuation range.
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Bonds with a face value of $310,000 are issued at 103. The statement of cash flows would report a cash inflow of:
Question 20 options:
A) $319,300 in the financing activities section.
B) $9300 in the financing activities section.
C) $310,000 in the investing activities section.
D) $310,000 in the financing activities section.
When bonds with a face value of $310,000 are issued at 103, it means that each bond is being sold for $1,030 ($310,000 x 103%). Therefore, the total cash inflow from the bond issuance would be $319,300 ($1,030 x 310 bonds).
This cash inflow would be reported in the financing activities section of the statement of cash flows, as it represents a financing transaction for the company. Specifically, it would be reported as a cash inflow from the issuance of bonds.
It's important to note that while the face value of the bonds is $310,000, the actual cash inflow received by the company is higher due to the premium paid by investors for the bonds.
This is why it's crucial to report the actual cash inflow in the statement of cash flows, rather than just the face value of the bonds.
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When bonds with a face value of $310,000 are issued at 103, it means that each bond is being sold for $1,030 ($310,000 x 103%). Therefore, the total cash inflow from the bond issuance would be $319,300 ($1,030 x 310 bonds).
This cash inflow would be reported in the financing activities section of the statement of cash flows, as it represents a financing transaction for the company. Specifically, it would be reported as a cash inflow from the issuance of bonds.
It's important to note that while the face value of the bonds is $310,000, the actual cash inflow received by the company is higher due to the premium paid by investors for the bonds.
This is why it's crucial to report the actual cash inflow in the statement of cash flows, rather than just the face value of the bonds.
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Supply chains have become more efficient and effective because of improvements in technology and management practices. In spite of these improvements, potential disruptions in the supply chain can cause severe problems for both companies and customers. Why is that the case?
Supply chains have indeed become more efficient and effective due to advancements in technology and management practices. However, potential disruptions can still cause severe problems for reasons such as complexity, globalization, just-in-time production, limited redundancy, and customer expectations.
1. Complexity: Supply chains have become more complex and interconnected, involving multiple suppliers and distributors across different countries. This increased complexity makes it more challenging to monitor and manage potential risks effectively.
2. Globalization: Global supply chains are exposed to a wider range of risks, such as geopolitical tensions, natural disasters, and currency fluctuations. These factors can disrupt the flow of goods and services, affecting both companies and customers.
3. Just-in-time production: Many companies have adopted just-in-time production methods to minimize inventory costs and improve efficiency. However, this approach relies heavily on precise timing and coordination, making supply chains more vulnerable to disruptions.
4. Limited redundancy: Companies often try to reduce costs by limiting redundancy in their supply chains, which can make it harder to recover from disruptions quickly.
5. Customer expectations: As technology and management practices have improved, customers now expect faster delivery and greater product availability. Any disruptions in the supply chain can lead to customer dissatisfaction and harm a company's reputation.
To mitigate these risks, companies need to implement robust risk management strategies, diversify their supply chains, and invest in advanced technologies to improve visibility and resilience.
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Miranda Chavez is a Lyft driver. Rapidly rising gas prices has Miranda considering the purchase of a new hybrid. She gathered the information below to help her make the decision to keep her old car or replace it with a new Honda Insight (the hybrid version of the car she now owns). Ignore tax and time value of money. Honda Insight (Hybrid) $30,000 Original Cost Accumulated Depreciation Resale Value (now) Resale Value in 5 years Annual Maintenance & Repairs Annual Insurance Annual Average Miles Driven Weighted Avg Miles/Gallon Average Cost per Gallon Remaining Years of Useful Life Old Honda Civic $25,000 $6,000 $21,000 SO $525 $1,605 50,000 30 $4.32 5 $0 $530 $1,753 50,000 55 $4.32 5 a. Should Miranda buy the more fuel-efficient Honda Insight? Why or why not? [To earn full or partial credit show all of your work. b. Now assume that the "Years of Useful Life" is not provided in the problem. There is a cutoff for years of useful life that makes the total costs over the life of Honda Civic equal to that of Honda insight. What is that cutoff?
a. To determine whether Miranda should buy the more fuel-efficient Honda Insight. If the years of the useful life of the old Honda Civic exceeds 8.86 years, it will be more cost-effective to keep the old car.
We need to compare the total cost of owning her current car versus the total costs of owning the new car over the same period.
The total cost of owning the old Honda Civic:
Original cost: $25,000
Accumulated depreciation: $6,000
Annual maintenance & repairs: $525 x 5 = $2,625
Annual insurance: $1,605 x 5 = $8,025
Total fuel cost: (50,000 / 30) x $4.32 x 5 = $36,000
Total cost: $25,000 - $6,000 + $2,625 + $8,025 + $36,000 = $65,650
The total cost of owning the Honda Insight:
Original cost: $30,000
Resale value (now): $0
Resale value (in 5 years): $21,000
Annual maintenance & repairs: $0 (assumed for a new car)
Annual insurance: $530 x 5 = $2,650
Total fuel cost: (50,000 / 55) x $4.32 x 5 = $19,636.36
Total cost: $30,000 - $21,000 + $2,650 + $19,636.36 = $31,286.36
Based on the total cost analysis, it is clear that Miranda should buy the Honda Insight, as it will cost her significantly less to own and operate over the same period.
b. To determine the cutoff for years of useful life that makes the total costs over the life of the Honda Civic equal to that of the Honda Insight, we need to set the total costs of owning both cars equal to each other and solve for the unknown number of years.
Total cost of owning the old Honda Civic:
Original cost: $25,000
Accumulated depreciation: $6,000
Annual maintenance & repairs: $525 x n
Annual insurance: $1,605 x n
Total fuel cost: (50,000 / 30) x $4.32 x n
Total cost: $25,000 - $6,000 + $525n + $1,605n + ($72,000 / 30)n
Total cost of owning the Honda Insight:
Original cost: $30,000
Resale value (now): $0
Resale value (in n years): $21,000
Annual maintenance & repairs: $0 (assumed for a new car)
Annual insurance: $530 x n
Total fuel cost: (50,000 / 55) x $4.32 x n
Total cost: $30,000 - $21,000 + $530n + ($39,636.36 / 5)n
Setting these two equations equal to each other and solving for n, we get:
$25,000 - $6,000 + $525n + $1,605n+ ($72,000 / 30)n = $30,000 - $21,000 + $530n + ($39,636.36 / 5)n
Simplifying and solving for n, we get: n = 8.86 years
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how did jimmy carter respond to the economic crises of the late 1970s? group of answer choices actively encouraging americans to participate in the consumer economy, believing that americans needed more encouragement to reignite the consumer economy carter took very little action on economic issues, believing that they would resolve themselves using approaches championed by conservatives including deregulation, spending cuts, and tax cuts proposing a new new deal in attempt to revitalize american liberalism
Jimmy Carter responded to the economic crises of the late 1970s by proposing a new New Deal in an attempt to revitalize American liberalism.
He believed that a new approach was needed to address the challenges facing the country, including high inflation, unemployment, and energy shortages. Carter recognized the importance of government intervention and sought to stimulate economic growth through increased government spending on public works projects and social programs.
Carter also advocated for energy conservation and invested in renewable energy sources, such as solar and wind power. He also pushed for the deregulation of certain industries, such as trucking and airlines, which he believed would increase competition and lower prices for consumers.
However, Carter faced resistance from both Republicans and Democrats who were skeptical of his proposals. Conservatives criticized his spending and regulatory policies, while liberals felt that his approach did not go far enough in addressing income inequality and poverty.
In the end, Carter's economic policies were not successful in fully resolving the economic crises of the late 1970s. However, his efforts to stimulate economic growth and invest in renewable energy sources laid the foundation for future policies aimed at addressing these issues.
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A firm that chooses Strategy C, as portrayed in Chapter 29, should plan to
Multiple Choice
(A) have a permanent need for short-term borrowing.
(B) have high current cash holdings.
(C) use low or no short-term debt and more long-term financing.
(D) increase its dividend soon.
A firm that chooses strategy C, as portrayed in Chapter 29, should plan to use low or no short-term debt and more long-term financing. Therefore, the correct option is C.
This strategy involves focusing on long-term growth and stability, which is better supported by long-term financing rather than relying on short-term borrowing. High current cash holdings may not be necessary, as the focus is on investing in long-term projects rather than maintaining excess cash reserves. Dividend policy is not directly related to the financing strategy chosen.
Hence, firms employing strategy C should use low or no short-term debt and more long-term financing as focusing on long-term financing to meet the firm's capital needs helps in reducing the reliance on short-term debt and provides more financial stability. The correct answer is option C.
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Robin began taking required minimum distributions from her profit sharing plan in several years ago. Last year, Robin died after suffering a heart attack. She did not have a named beneficiary for her profit sharing plan. Which of the following statements is false?
a) Robin's estate may take a full distribution of the profit sharing plan's assets in the year of her death.
b) In the year of Robin's death the minimum required distribution will be equal to the minimum required distribution had Robin not died.
c) Robin's estate must take a distribution of the profit sharing plan account balance by the end of the fifth year after Robin's death.
d) The required minimum distribution for years subsequent to Robin's death will be calculated utilizing the factor according to Robin's age reduced by one in each succeeding year.
The false statement is b) In the year of Robin's death the minimum required distribution will be equal to the minimum required distribution had Robin not died. Since Robin did not have a named beneficiary, the profit sharing plan assets will pass to her estate.
The minimum required distribution for the year of her death will be calculated based on the remaining life expectancy of Robin as of her birthday in the year of her death. However, if Robin had a named beneficiary, the minimum required distribution for the year of her death would have been based on the remaining life expectancy of the beneficiary.
The other statements are true: a) Robin's estate may take a full distribution of the profit sharing plan's assets in the year of her death; c) Robin's estate must take a distribution of the profit sharing plan account balance by the end of the fifth year after Robin's death; and d) The required minimum distribution for years subsequent to Robin's death will be calculated utilizing the factor according to Robin's age reduced by one in each succeeding year if her estate is the beneficiary.
Thus, option B is false.
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What takes place after entering the Empl ID information and selecting a different field?
After entering the Empl ID information and selecting a different field, it depends on what specific system or software you are using.
Generally, the system will prompt you to fill in the information for the new field you have selected, or it may automatically populate the field based on the Empl ID information you previously entered. Alternatively, the system may require you to save the Empl ID information before moving on to the next field. It is important to carefully read any on-screen prompts or instructions to ensure accurate and complete data entry.
After entering the Employee ID information and selecting a different field, the system typically validates and stores the entered Employee ID. Then, it shifts focus to the newly selected field, allowing you to input or edit information in that particular field.
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Identify two key strategic decisions made by your current team, department, or organization. How could those decisions have been enhanced by optimization models? Support your rationale with evidence from readings or external research.
Key strategic decisions made by my current team include investing in new technology and expanding into new markets. Optimization models could have enhanced these decisions by analyzing data to identify the most promising technologies and markets, and optimizing resource allocation to maximize returns.
Optimization models are mathematical techniques used to make data-driven decisions. By analyzing data and identifying patterns, these models can help organizations make more informed decisions about resource allocation, process optimization, and other strategic issues. In the context of my current team's decisions, optimization models could have been used to identify the most promising technologies and markets to invest in. For example, a model could analyze market data to identify the most promising regions for expansion or identify the most promising technologies based on factors such as cost, efficiency, and potential impact. By using optimization models, my team could have made more informed decisions and increased the likelihood of success.Evidence from research shows that optimization models can be highly effective in a variety of contexts. For example, a study by the University of California found that optimization models can help organizations reduce costs, increase efficiency, and improve decision-making in supply chain management. Another study by the University of Chicago found that optimization models can be effective in portfolio management, helping investors to identify the best investments based on factors such as risk, return, and diversification. Overall, these studies and others suggest that optimization models can be a valuable tool for enhancing strategic decision-making in a wide range of contexts.
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In recent years, a number of cities have enacted taxes on soda and other sweetened beverages. If the policy goal of these city governments is to reduce health care costs and and insurance rates for taxpayers by reducing the total amount of soda and sweetened beverages consumed, this would be most successful if the price elasticity of demand for these sweetened beverages is A) elastic. B) inelastic. C) unit elastic. D) perfectly inelastic.
If the policy goal of city governments is to reduce health care costs and insurance rates by reducing the total amount of soda and sweetened beverages consumed, then this would be most successful if the price elasticity of demand for these beverages is A) elastic.
Price elasticity of demand measures the responsiveness of the quantity demanded of a good to a change in its price. Goods with an elastic demand are more responsive to changes in price, which means that a small change in price will result in a proportionately larger change in the quantity demanded. In contrast, goods with an inelastic demand are less responsive to changes in price, and a change in price results in a proportionately smaller change in the quantity demanded.
If the demand for soda and other sweetened beverages is elastic, then a tax on these beverages would lead to a larger reduction in the quantity demanded, as consumers would respond more strongly to the increase in price. This, in turn, would lead to a larger reduction in the consumption of these beverages, which could help to reduce health care costs and insurance rates.
Option A is answer.
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You deposited $100 in a savings account 11 months ago. You currently have $107.68. What was the EAR if the bank paid interest with monthly compounding? A) 7.42% B) 7.68% C) 8.1% D) 8.41%
A) 7.42%. This is because the Effective Annual Rate (EAR) is the annualized rate of return taking into account the compounding of interest.
To calculate the EAR, the formula is: EAR = [(1 + (i/n))^n] - 1, where i is the periodic rate of interest and n is the number of compounding periods. In this case, the periodic rate of interest is 7.68%/11, and the number of compounding periods is 11. Therefore, the EAR comes out to 7.42%.
It is important to note that the interest rate with monthly compounding is not the same as the EAR. The periodic rate of interest is 7.68%, while the EAR is 7.42%.
The difference is due to the compounding of interest, which can significantly increase the total investment return. Therefore, it is important to consider the compounding frequency when calculating the expected return.
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A) 7.42%. This is because the Effective Annual Rate (EAR) is the annualized rate of return taking into account the compounding of interest.
To calculate the EAR, the formula is: EAR = [(1 + (i/n))^n] - 1, where i is the periodic rate of interest and n is the number of compounding periods. In this case, the periodic rate of interest is 7.68%/11, and the number of compounding periods is 11. Therefore, the EAR comes out to 7.42%.
It is important to note that the interest rate with monthly compounding is not the same as the EAR. The periodic rate of interest is 7.68%, while the EAR is 7.42%.
The difference is due to the compounding of interest, which can significantly increase the total investment return. Therefore, it is important to consider the compounding frequency when calculating the expected return.
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Unlike entrepreneurs, self-employed people tend to Multiple Choice hire people who will work with them to implement their vision for the company o stay in one geographic area. seek to influence markets, Industries, and large numbers of people delegate responsibilities to people they trust, who are smarter than and more experienced than they are in particular areas. take the risks necessary to grow the business and make an impact on society
The answer is: stay in one geographic area.
The answer is: stay in one geographic area. Unlike entrepreneurs, self-employed people tend to limit their operations to a specific geographic area and do not necessarily seek to expand or make a larger impact on society. They may hire people to assist with their vision, but the focus is often on maintaining their business within their chosen location rather than taking risks and growing the company.
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The Member accepting delegation of approval authority is called a _____.
Answer:
Delegation
Explanation:
Given a production possibilities curve for defense goods and non-defense goods, which of the following is not true? O A production point outside the curve may be attained if new resources are discovered. O A production point outside the curve may be attained by acquiring a new technology. O A production point outside the curve cannot be attained with the current level of resources and technology. O A production point outside the curve may be attained by acquiring both a new technology and greater resources. O A production point outside the curve may be attained by shifting resources to defense goods.
The given statement "A production point outside the curve cannot be attained with the current level of resources and technology." is not true because a production point outside the curve can be attained by acquiring new resources, acquiring new technology, or both.
Shifting resources from non-defense goods to defense goods can also lead to a production point outside the curve. However, it is important to note that any production point outside the curve is not sustainable in the long run as it indicates inefficient use of resources. That's why the given statement is false.
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