The amount of the markup percentage on the absorption cost that should be used to derive the selling price of the Eclipse product is 27.50%. Option D is correct.
The markup percentage on the absorption cost that should be used to derive the selling price of the Eclipse product can be calculated using the following formula:
Markup percentage = (Required return on investment x Average operating assets) / Expected sales
Markup percentage = (20% x $2,000,000) / 10,000 = 40%
However, the markup percentage is only applied to the absorption cost, which includes direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. Therefore, the markup percentage on the absorption cost would be:
Markup percentage on absorption cost = Markup percentage / (1 + (Total manufacturing overhead / Direct labor cost))
Total manufacturing overhead = Variable manufacturing overhead + Fixed manufacturing overhead = $20 + $300,000 = $300,020
Direct labor cost = Direct material and labor costs per unit = $150 per unit
Markup percentage on absorption cost = 40% / (1 + ($300,020 / $150)) = 27.50%
As a result, the markup percentage on absorption cost that should be utilized to calculate the selling price of the Eclipse product is 27.50%. Option D is correct.
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deregulation of the cable tv market by the telecommunications turns act of 1996 resulted in group of answer choices significantly higher prices. lower prices and better service. little change in either prices or service. reductions in prices but little change in the level of service.
The deregulation of the cable TV market by the Telecommunications Act of 1996 resulted in little change in either prices or service. Option 3 is correct.
The Telecommunications Act of 1996 deregulated the cable TV market in the United States, allowing for increased competition and potential benefits for consumers. However, in reality, the deregulation did not result in significant changes in either prices or service. Some argue that the lack of competition in the market, as well as the high barriers to entry for new providers, limited the potential benefits of deregulation.
Additionally, some cable providers may have used their market power to raise prices or limit access to certain channels. While some consumers may have experienced lower prices or better service as a result of the deregulation, overall, the impact was relatively limited. Today, cable TV remains a highly consolidated industry with limited competition in many areas. Hence Option 3 is correct.
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2. (Type 8, 3 points) A regional supermarket is open 360 days a year. Daily use of cash register tapes is 10 rolls. The purchase price of the tape is $ 2 and carrying cost is 45 cents per roll a year. Ordering cost is $ 10 per order. The order replenishment lead time is 7 days. What is the Order Point (re-order point) assuming demand is known and constant
The Order Point (re-order point) assuming demand is known and constant is 96.63 rolls.
The formula for Order Point (re-order point) is:
OP = dL + SS
Where:
d = daily usage rate
L = lead time (in days)
SS = safety stock (in units)
Using the given information:
d = 10 rolls/day
L = 7 days
Carrying cost = $0.45/roll/year
Ordering cost = $10/order
To calculate SS, we need to first calculate the annual demand:
Annual demand = 10 rolls/day x 360 days = 3,600 rolls/year
Next, we can calculate the average inventory level (AIL):
AIL = (Q/2) + SS
Where:
Q = order quantity
To find the optimal order quantity (EOQ), we can use the following formula:
EOQ = sqrt((2SD)/H)
Where:
S = annual demand
D = ordering cost per order
H = carrying cost per unit
Plugging in the given values:
S = 3,600 rolls/year
D = $10/order
H = $0.45/roll/year
EOQ = sqrt((2x3600x10)/0.45) = 848 rolls
Now we can calculate AIL:
AIL = (848/2) + SS
We can use the following formula to find SS:
SS = z * σ * sqrt(L)
Where:
z = Z-score for desired service level (assuming 95%, z = 1.65)
σ = standard deviation of demand during lead time (assuming demand is constant, σ = sqrt(dL))
L = lead time
Plugging in the given values:
z = 1.65
σ = sqrt(10x7) = 8.37 rolls
L = 7 days
SS = 1.65 * 8.37 * sqrt(7) = 26.63 rolls
Now we can calculate OP:
OP = dL + SS = 10 rolls/day x 7 days + 26.63 rolls = 96.63 rolls
Therefore, the Order Point (re-order point) assuming demand is known and constant is 96.63 rolls.
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during collaboration with the board of directors there are two options that seem viable. one option is to focus on satisfying the needs and wants of the sales representatives and customers. this idea has a lot of traction because all of the board members agree that a larger focus on customers and representatives would increase sales as they are the true drivers of the company. this is much like the priorities of david h. mcconnell, the founder of avon. the other option is to focus on the goal of satisfying shareholders by focusing on profitability. this option has its opponents and supporters as well. which option is aligned with the goal of bringing avon back to its core mission and values?
Avon's core mission and values are to empower women and provide high-quality beauty products. While both options have their merits, focusing on satisfying the needs and wants of sales representatives and customers is more aligned with Avon's core mission and values.
Avon was founded with the mission to empower women and offer them an opportunity to earn an income, and focusing on the needs and wants of sales representatives would align with this mission. Additionally, Avon has always been known for its customer-centric approach, and focusing on customer satisfaction would reinforce this aspect of the company's values.
While profitability is important for any company, prioritizing it over the needs and wants of sales representatives and customers may not align with Avon's core mission and values. It is important to find a balance between profitability and customer satisfaction, but ultimately, the needs and wants of sales representatives and customers should be the driving force behind Avon's decisions.
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Rundle Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department’s static budget and actual results for 2019 follow: Static Budget Actual Results Production in units 28,000 kits 29,200 kits Direct materials ($6. 40 per unit) $ 179,200 $ 224,680 Direct labor ($5. 40 per unit) 151,200 150,480 Variable manufacturing overhead ($1. 50 per unit) 42,000 46,900 Total variable costs 372,400 422,060 Fixed manufacturing overhead 203,000 198,100 Total manufacturing cost $ 575,400 $ 620,160 Required a. Convert the static budget into a flexible budget. B. Calculate the volume variance for Direct materials, Direct labor and Fixed manufacturing overhead. C. Calculate the flexible budget variances for Direct materials, Direct labor and Fixed manufacturing overhead
Rundle Medical Equipment Company's production department had a flexible budget variance of $620,160 for direct materials, a favorable volume variance of $10,720 for direct labor, and favorable volume variance of $4,900 for fixed manufacturing overhead.
To convert the static budget into a flexible budget, the variable costs are adjusted for the actual level of production. Therefore, the flexible budget for Rundle Medical Equipment Company is
Flexible Budget Actual Results
Production in units 29,200 kits 29,200 kits
Direct materials ($6.40 per unit) $ 186,880 $ 224,680
Direct labor ($5.40 per unit) 157,680 150,480
Variable manufacturing overhead ($1.50 per unit) 43,800 46,900
Total variable costs 388,360 422,060
Fixed manufacturing overhead 203,000 198,100
Total manufacturing cost $ 591,360 $ 620,160
The volume variance is the difference between the static budget and the flexible budget. Therefore, the volume variances are
Direct materials = Static Budget - (Actual Production x Standard Price)
= $179,200 - (29,200 x $6.40)
= -$10,720 (Favorable)
Direct labor = Static Budget - (Actual Production x Standard Price)
= $151,200 - (29,200 x $5.40)
= $6,480 (Unfavorable)
Fixed manufacturing overhead = Static Budget - Flexible Budget
= $203,000 - $198,100
= $4,900 (Unfavorable)
The flexible budget variance is the difference between the actual results and the flexible budget. Therefore, the flexible budget variances are
Direct materials = Actual Cost - Flexible Budget
= $224,680 - $186,880
= $37,800 (Unfavorable)
Direct labor = Actual Cost - Flexible Budget
= $150,480 - $157,680
= -$7,200 (Favorable)
Fixed manufacturing overhead = Actual Cost - Flexible Budget
= $198,100 - $203,000
= -$4,900 (Favorable)
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What are example types of momentum as a key quant factor in the stock market? which answer is right?
a) hiring momentum
b) earnings momentum
c) operational efficiency momentum
Momentum is a key quant factor in the stock market that is often used by investors to identify stocks that have a high probability of continuing their upward trend. It is a measure of the speed and direction of a stock's price movement over a given period of time, and can be calculated using various technical indicators such as moving averages and relative strength index (RSI).
One example of momentum as a key quant factor in the stock market is earnings momentum. This refers to the trend in a company's earnings growth over time, and can be a strong indicator of future stock price performance. Companies that consistently report strong earnings growth are often viewed favorably by investors, as they are seen as having strong fundamentals and a competitive advantage in their industry.
Another example of momentum as a key quant factor in the stock market is operational efficiency momentum. This refers to a company's ability to improve its operational efficiency over time, which can lead to increased profitability and stock price performance. Companies that are able to streamline their operations, reduce costs, and improve productivity are often viewed favorably by investors, as they are seen as having a competitive advantage in their industry.
Overall, momentum is an important quant factor in the stock market that can help investors identify stocks that are likely to continue their upward trend. By focusing on key indicators such as earnings momentum and operational efficiency momentum, investors can improve their chances of making profitable investments in the stock market.
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A brief description on service quality dimension andcustomer satisfaction on Pathao company.
Pathao is a ride-hailing company based in Bangladesh that offers a variety of services, including motorcycle and car rides, food delivery, and courier services. The company has been praised for its high service quality and customer satisfaction.
Service quality dimensions refer to the specific aspects of a service that contribute to its overall quality. There are five primary dimensions of service quality: reliability, assurance, tangibles, empathy, and responsiveness.
Reliability refers to the ability of a service provider to deliver services consistently and dependably. Assurance refers to the competence, trustworthiness, and credibility of service providers. Tangibles refer to the physical facilities, equipment, and materials used to provide a service. Empathy refers to the ability of service providers to understand and respond to the needs of their customers. Responsiveness refers to the speed and effectiveness of a service provider's response to customer needs.Pathao has built its reputation on high service quality and customer satisfaction. The company's focus on reliability and responsiveness has helped it establish itself as a dependable ride-hailing and delivery service. Pathao also places a strong emphasis on assurance, hiring only qualified and trustworthy drivers to ensure customer safety.
The company's use of modern technology, such as real-time tracking and communication, also enhances its tangibles and empathy dimensions. All of these factors combine to create a service that consistently meets and exceeds customer expectations.
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What defines employee benefits and incentives in general?
Question 24 options:
extras an employer offers to assist employees
a specific amount of time off each year
bonuses for reaching performance goals
car allowance to help pay gas and payments
complete a example of abc analysis using Nike company.
ABC analysis is a process that companies use to determine the worth of each item in a stock list. Companies organize stock items into three categories, each with its own management criteria.
The categories are A, B, and C, with A representing the most valuable items and C representing the least valuable items. Nike company is an excellent example of ABC analysis, and the following is a brief explanation: Category A comprises high-value items that contribute to the company's sales. Nike's top-selling products, including the Air Jordan sneakers and the Air Max, are included in this category. Nike should use the inventory management strategy for these products since they account for a substantial percentage of the company's overall revenue.
Category B consists of moderate-value products that are not as profitable as the products in Category A but are still essential to the company's operations. These products contribute to the company's revenue but not as much as Category A items. Nike clothing products, including T-shirts and sweatshirts, are examples of Category B products. Nike should implement moderate inventory management techniques for these items. Category C consists of low-value products that have minimal financial implications.
Nike shoelaces, for example, are a low-value item that is required but has little impact on the company's profitability. Nike should use an inventory management strategy that prioritizes cost-cutting and storage efficiency for these goods.
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what is a reason why a business may want to move entirely online?
A. To focus on global market
B. To avoid paying state and local taxes
C. To limit the number of items in its inventory
D. To double the number of employees
Answer:
A. To focus on global market.
Explanation:
Moving entirely online can help a business reach customers all around the world and expand its market.
Valley Company’s adjusted trial balance on August 31, its fiscal year-end, follows. It categorizes the following accounts as selling expenses: sales salaries expense, rent expense—selling space, store supplies expense, and advertising expense. It categorizes the remaining expenses as general and administrative.
Debit Credit
Merchandise inventory (ending) $ 32,000
Other (noninventory) assets 128,000
Total liabilities $ 36,960
Common stock 43,076
Retained earnings 64,560
Dividends 8,000
Sales 218,880
Sales discounts 3,349
Sales returns and allowances 14,446
Cost of goods sold 85,312
Sales salaries expense 29,987
Rent expense—Selling space 10,287
Store supplies expense 2,627
Advertising expense 18,605
Office salaries expense 27,360
Rent expense—Office space 2,627
Office supplies expense 876
Totals $ 363,476 $ 363,476
Beginning merchandise inventory was $25,824. Supplementary records of merchandising activities for the year ended August 31 reveal the following itemized costs.
Invoice cost of merchandise purchases $ 94,080
Purchases discounts received 1,976
Purchases returns and allowances 4,516
Costs of transportation-in 3,900
Required:
1. Compute the company’s net sales for the year.
2. Compute the company’s total cost of merchandise purchased for the year.
3. Prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses.
4. Prepare a single-step income statement that includes these expense categories: cost of goods sold, selling expenses, and general and administrative expenses
It categorizes net operating loss accounts as selling expenses: sales salaries expense,selling space, store supplies expense, The entire cost of goods purchased by the business throughout the year was $178,865, and its net operating loss was $143,997.
A corporation has a net operating loss (NOL) when its operational costs for a given tax period are greater than its operating income. The ability of an organisation to continue paying.
Employees in future fiscal years in order to balance out its available pay in those years is ultimately a negative measure of available pay. An organisation, for instance
Would have a NOL of $500,000 if it had working costs of $1 million during a fiscal year but only $500,000 in
Price of sold goods: 38,400
Cost of salaries is 35,000
Rent costs were 15,000
Cost of advertising: 9,800
Total 169,200 169,200
the final entries ought to be:
Dr Sales earnings were 107750 Cr. Summary of Income 107,750 Dr. Summary of Income 110,270 Cr. 39,340 Cr. is the cost of goods sold. Cost of salaries: 35,000 Cr. Rent costs 15,000 Cr. $9,800 in advertising expenses Cost of supplies: 2,950 Cr. Cost of insurance: 1,880 Cr Cost of depreciation: 6,300. This NOL is subject to a cap, which varies based on the country's tax laws where the business is based. Sales incentives of $2,000.
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which of the following is an example of a corporate level strategy? group of answer choices target differentiates itself from wal-mart by offering high quality and fresher products wal-mart's use of the rfid technology to improve efficiency. forever 21 and h
Hewlett-Packard decides to get out of the PC manufacturing industry is an example of a corporate level strategy. So the option D is correct.
A corporate level strategy is a plan for a company to achieve its long-term strategic goals. In the case of Hewlett-Packard deciding to get out of the PC manufacturing industry, this decision would be an example of a corporate level strategy.
This decision would be driven by the company's objectives, such as the need to focus on higher-margin products, reduce costs, or shift resources to different areas of the business. By making this decision, the company would be making a strategic move to focus on a different core business, and this could help them to gain a competitive advantage in the marketplace.
The decision to get out of the PC manufacturing industry could also involve restructuring the company, divesting certain business units, and/or introducing new products and services. So the option D is correct.
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The complete question is:
Which of the following is an example of a corporate level strategy?
Group of answer choices
A. Target differentiates itself from Wal-Mart by offering high quality and fresher products
B. Wal-Mart's use of the RFID technology to improve efficiency.
C. Forever 21 and H&M focus on young women in the apparel industry.
D. Hewlett-Packard decides to get out of the PC manufacturing industry.
E. United Airlines start to charge for checked luggage.
Suppose you think Apple stock is going to appreciate substantially in value in the next year. Say the stock’s current price, S0, is $120, and a call option expiring in one year has an exercise price, X, of $120 and is selling at a price, C, of $18. With $14,400 to invest, you are considering three alternatives. A. Invest all $14,400 in the stock, buying 120 shares. B. Invest all $14,400 in 800 options (8 contracts). C. Buy 100 options (one contract) for $1,800, and invest the remaining $12,600 in a money market fund paying 6% in interest over 6 months (12% per year)
Option A provides higher level of risk. Option B provides leverage. Option C provides low level of risks.
If you believe that Apple stock is going to appreciate substantially in value in the next year and are considering how to invest $14,400, you have three options.
Option A is to invest all $14,400 in the stock by buying 120 shares at the current price of $120 per share. This option is straightforward and would give you direct exposure to the stock's potential appreciation.
Option B is to invest all $14,400 in 800 call options (8 contracts) with an exercise price of $120 and a current price of $18 per option. This option provides leverage and the potential for higher returns if the stock appreciates significantly, but also involves a higher level of risk as the options could expire worthless if the stock price does not increase as anticipated.
Option C is to buy 100 call options (one contract) for $1,800 and invest the remaining $12,600 in a money market fund paying 6% interest over 6 months (12% per year). This option involves a lower level of risk than option B as the money market fund provides a guaranteed return, but also limits potential gains if the stock price appreciates substantially.
Ultimately, the best option depends on your risk tolerance and investment goals. Option A provides direct exposure to the stock's potential appreciation but carries the highest level of risk. Option B provides leverage and higher potential returns but also involves a higher level of risk. Option C involves a lower level of risk but also limits potential gains. It's important to carefully consider your investment objectives and risk tolerance before making a decision.
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Onslow Co. Purchases a used machine for $240,000 cash on January 2 and readies it for use the next day at an $8,000 cost. On January 3, it is installed on a required operating platform costing $1,600, and it is further readied for operations. The company predicts the machine will be used for six years and have a $28,800 salvage value. Depreciation is to be charged on a straight-line basis. On December 31, at the end of its fifth year in operations, it is disposed of.
Required:
1. Prepare journal entries to record the machine's purchase and the costs to ready and install it. Cash is paid for all costs incurred.
Entry #1 (Jan 2) Record the purchase of a used machine for $240,000 cash.
Entry #2 (Jan 3) Record the costs of 8,000 cash incurred on the used machine
Entry #3 (Jan 3) Record the cost of $1,600 for an operating platform.
2. Prepare journal entries to record depreciation of the machine at December, 31.
(a) its first year in operations.
Entry #1 (dec 31) Record the year-end adjusting entry for the depreciation expense of the used machine.
(b) The year of its disposal.
Entry #1 (dec 31) Record the year-end adjusting entry for the depreciation expense of the used machine.
3. Prepare journal entries to record the machine's disposal under each of the following separate assumptions:
(a) It is sold for $20,000 cash.
Entry #1 (Dec 31) Record the sale of the used machine for $20,000 cash.
(b) It is sold for $80,000 cash
Entry #1 (dec 31) Record the sale of the used machine for $80,000 cash.
(c) it is destroyed in a fire and the insurance company pays $30,500 cash to settle the loss claim.
Entry #1 (dec 31) Record the destruction of the used machine in a fire with $30,500 cash insurance settlement
Entry #1 (Jan 2)
Equipment $240,000
Cash $240,000
To record the purchase of a used machine for $240,000 cash.
Entry #2 (Jan 3)
Equipment $8,000
Cash $8,000
To record the costs of $8,000 cash incurred on the used machine.
Entry #3 (Jan 3)
Operating platform $1,600
Cash $1,600
To record the cost of $1,600 for an operating platform.
2.
(a) Entry #1 (Dec 31)
Depreciation expense $37,200
Accumulated depreciation - equipment $37,200
To record the year-end adjusting entry for the depreciation expense of the used machine. Depreciation expense = ($240,000 - $28,800) / 6 = $37,200.
(b) Entry #1 (Dec 31)
Depreciation expense $43,200
Accumulated depreciation - equipment $201,600
Loss on disposal $16,800
Equipment $240,000
To record the year-end adjusting entry for the depreciation expense of the used machine and the loss on disposal. Depreciation expense = ($240,000 - $28,800) / 6 = $37,200. Loss on disposal = $20,000 (sale price) - ($240,000 - $37,200 x 5) = $16,800.
3.
(a) Entry #1 (Dec 31)
Cash $20,000
Accumulated depreciation - equipment $186,000
Loss on disposal $34,000
Equipment $240,000
To record the sale of the used machine for $20,000 cash and the loss on disposal. Loss on disposal = $240,000 - $28,800 - $37,200 x 5 - $20,000 = $34,000.
(b) Entry #1 (Dec 31)
Cash $80,000
Accumulated depreciation - equipment $201,600
Gain on disposal $41,400
Equipment $240,000
To record the sale of the used machine for $80,000 cash and the gain on disposal. Gain on disposal = $80,000 - $240,000 + $28,800 + $37,200 x 5 = $41,400.
(c) Entry #1 (Dec 31)
Cash $30,500
Accumulated depreciation - equipment $201,600
Equipment $240,000
To record the destruction of the used machine in a fire with $30,500 cash insurance settlement.
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McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $900 per set and have a variable cost of $400 per set. The company has spent $166,000 for a marketing study that determined the company will sell 71. 000 sets per year for seven years. The marketing study also determined that the company will lose sales of 16,000 sets of its high-priced clubs. The high-priced clubs sell at $1,400 and have variable costs of $800. The company will also increase sales of its cheap clubs by 13,000 sets. The cheap clubs sell for $500 and have variable costs of $200 per set. The fixed costs each year will be $8,280,000. The company has also spent $1,159,000 on research and development for the new clubs. The plant and equipment required will cost $23,000,000 and will be depreciated on a straight-line basis. The new clubs will also require an increase in net working capital of $1,101,000 that will be returned at the end of the project. The tax rate is 24 percent, and the cost of capital is 9 percent. McGilla Golf would like to know the sensitivity of NPV to changes in the price of the new clubs and the quantity of new clubs sold. A. What is the sensitivity of the NPV to changes in the price of the new club?
b. What is the sensitivity of the NPV to changes in the quantity sold?
a. Therefore, the sensitivity of the NPV to changes in the price of the new club is $472.26.
b. Change in NPV = $19,820.79
Sensitivity of the NPV to changes in the price of the new clubs, we need to calculate the NPV of the project at different prices and then analyze the change in NPV. We will use the following formula to calculate the NPV:
NPV = -Initial Investment + PV of Cash Flows
Let's assume that the price of the new clubs increases by $50, and the company sells 71,000 sets per year for seven years. The new price per set is $950.
NPV1 =
NPV1 = -$33,140,000 + $36,921,351.18 + $13,288,272.64 + $3,255,639.87
NPV1 = -$19,374.31
Company sells 71,000 sets per year for seven years. The new price per set is $850.
NPV2 = -$33,140,000 + Σ [(85071,000 - 40071,000) / (1 + 0.09)t] + [(1,40016,000 - 80016,000) / (1 + 0.09)1] + [(50013,000 - 20013,000) / (1 + 0.09)]
NPV2 = -$33,140,000 + $34,693,450.44 + $13,288,272.64 + $3,255,639.87
NPV2 = -$18,902.05
The change in NPV is calculated as follows:
Change in NPV = NPV1 - NPV2
Change in NPV = -$19,374.31 - (-$18,902.05)
Change in NPV = -$472.26
Therefore, the sensitivity of the NPV to changes in the price of the new club is $472.26.
Sensitivity of the NPV to changes in the quantity sold, we need to calculate the NPV of the project at different quantities and then analyze the change in NPV. Let's assume that the company sells 70,000 sets per year for seven years instead of 71,000 sets.
NPV1 = -$33,140,000 + Σ [(90070,000 - 40070,000) / (1 + 0.09)] + [(1,40016,000 - 80016,000) / (1 + 0.09)] + [(50013,000 - 20013,000) / (1 + 0.09)]
NPV1 = -$33,140,000 + $36,052,927.28 + $13,288,272.64 + $3,255,639.87
NPV1 = $19,820.79
Change in NPV = NPV1 - NPV0
Change in NPV = $19,820.79
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Identify and elaborate on the levels of management within the selected business in terms of time
spent on management functions
The selected business has three levels of management: top-level, middle-level, and lower-level management.
Top-level management spends most of their time on strategic planning and decision-making. They are responsible for setting goals, creating policies and procedures, and establishing the overall direction of the business.
Middle-level management spends most of their time on tactical planning and implementing strategies set by top-level management. They are responsible for executing the policies and procedures.
Lower-level management spends most of their time on operational activities such as supervising staff and monitoring daily operations. They are responsible for ensuring that the day-to-day activities.
Overall, each level of management has a specific role and function within the organization, and their time spent on management activities varies accordingly.
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The short run is a period of time: a. that is long enough to permit changes in the firm's plant size. b. in which a firm uses at least one fixed input. c. in which production occurs within six months. d. in which production occurs within one year.
The short run is a period of time in which a firm uses at least one fixed input. The correct option is b.
In the short run at least one input used in the production process is fixed, which means it cannot be altered or modified. Businesses can only change their variable inputs in the short run to produce output; at least one input must remain fixed.
The presence of fixed inputs in the production process determines the length of the short run rather than a specific time frame. The presence of fixed inputs in the production process rather than a specific time frame defines the short run. The correct option is b.
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how did information technology change the game of baseball? how did information technology affect decision making at mbl teams?what kinds ofdecisions changed as a result of using big data? how much should baseball rely on big data and analytics? explain your answer
Information technology has had a significant impact on the game of baseball in recent years. The use of technology has allowed teams to collect and analyze large amounts of data on players, which has changed the way teams make decisions about player evaluation, strategy, and game management.
One of the most significant changes brought about by information technology has been the increased use of advanced statistical analysis, often referred to as "sabermetrics," in baseball decision-making. Teams now use data analytics to evaluate player performance and predict future performance. This has led to a greater emphasis on player skills that were previously undervalued, such as on-base percentage and defensive value, and has led to a reevaluation of traditional strategies such as sacrifice bunts and stolen bases.
Information technology has also allowed for improved decision-making during games. Teams use real-time data to make strategic decisions such as pitching changes, defensive shifts, and lineup adjustments.
The increased reliance on big data and analytics has led to questions about how much baseball should rely on this approach. Some argue that the use of big data and analytics has led to a devaluation of the "human element" of the game, such as intuition and experience, and that too much reliance on data could lead to a homogenization of the game. Others argue that the use of data is essential to making informed decisions and staying competitive in a rapidly changing landscape.
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Identifying and Selecting an Organization and a Product for Studies
For this assignment, you will choose two candidate organizations. The selection must be an intercultural organization doing business in at least one foreign country.
In submission, provide a review and arguments for and against each of the two organizations. At the end of your submission, recommend which one of the two organizations and which one of its products you would like to use for your culture and subculture studies.
The submission must include sections for the discussion of each of the two countries supported by viable current sources. The concluding section should include the corporation of your choice, and it should be supported by your arguments and analysis.
Consider the relevance of the organization and its product to your culture and subculture studies. Criteria for evaluating the organizations: Conduct research on each organization to gather information on their history, mission, values, products/services, marketing strategies, target audience, and cultural sensitivity.
Evaluate each organization based on their cultural sensitivity and responsiveness to the local culture and customs of the foreign country they operate in.Examine the reputation and sustainability of each organization. Criteria for selecting a product: Choose a product that is relevant to your culture and subculture studies. Consider the product's popularity, market demand, and cultural significance. Criteria for evaluating the products: Conduct research on the product to gather information on its history, features, benefits, and target audience. Evaluate the product based on its cultural significance, appropriateness, and effectiveness in meeting the needs of the target audience. Examine the product's branding, packaging, and marketing strategies.Conclusion:Based on your research and analysis, recommend the organization and product that best aligns with your culture and subculture studies.
Provide arguments and evidence to support your recommendation, and address any potential limitations or challenges that may arise in your study. Be sure to cite your sources and follow any formatting guidelines provided by your instructor.
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For this assignment, I will review two candidate organizations, an intercultural organization doing business in at least one foreign country. The first organization is Nike and the second organization is Nestlé.
The Argument For Nike:Arguments for: Nike is an American multinational corporation that designs, develops, and sells footwear, apparel, and equipment. Nike is a well-known brand that has a global reach and a strong presence in many countries, including emerging markets. The company has a reputation for innovation, design, and marketing.Arguments for: Nestlé is a Swiss multinational food and drink processing conglomerate corporation. Nestlé is a leading company in the food and beverage industry, with a wide range of products that are popular globally. The company has a strong presence in emerging markets and has a reputation for quality and safety.
Based on the arguments for and against each organization, I recommend choosing Nike for the culture and subculture studies, particularly for its footwear product line. While Nike has faced criticism for its labor practices in the past, the company has taken steps to address these issues and has a strong reputation for innovation and marketing.
Additionally, the footwear industry is particularly interesting for cultural studies, as footwear can be a significant aspect of cultural identity and expression.
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Indigo Corporation had the following activities in 2020. 1. Sale of land $173,000 4. Purchase of equipment $448,000 2. Purchase of inventory $925,000 5. Issuance of common stock $302,000 3. Purchase of treasury stock $68,000 6. Purchase of available-for-sale debt securities $62,000 Compute the amount Indigo should report as net cash provided (used) by investing activities in its 2020 statement of cash flows. (Show amounts that decrease cash flow with either a - sign e. G. -15,000 or in parenthesis e. G. -15,000. )
The net cash provided (used) by investing activities is -$337,000.
To compute the net cash provided (used) by investing activities for Indigo Corporation's 2020 statement of cash flows, we need to consider cash inflows and cash outflows from investing activities.
From the given activities, the following are related to investing activities:
1. Sale of land (cash inflow): $173,000
4. Purchase of equipment (cash outflow): $448,000
6. Purchase of available-for-sale debt securities (cash outflow): $62,000
Now, let's calculate the net cash provided (used) by investing activities:
Cash inflows: $173,000
Cash outflows: $448,000 + $62,000 = $510,000
Net cash provided (used) by investing activities = Cash inflows - Cash outflows = $173,000 - $510,000 = -$337,000
Therefore, Indigo Corporation should report a net cash used by investing activities of -$337,000 in its 2020 statement of cash flows.
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Customer satisfaction is a goal that companies strive to earn. companies can achieve customer delight by.............
Companies can achieve customer delight by providing exceptional customer service, exceeding customer expectations, offering high-quality products and services, personalizing the customer experience, and consistently delivering on their promises.
Customer delight is the ultimate goal of many companies as it creates loyal customers who are willing to recommend the company to others and provide repeat business.
To achieve customer delight, companies must understand and anticipate the needs and wants of their customers and exceed their expectations at every touchpoint.
This can be accomplished through exceptional customer service, personalized experiences, and a commitment to quality. Companies can also use customer feedback and data to continuously improve their products and services and better meet the needs of their customers.
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Dinklage Corp. Has 7 million shares of common stock outstanding. The current share price is $73, and the book value per share is $8. The company also has two bond issues outstanding. The first bond issue has a face value of $90 million, a coupon rate of 6 percent, and sells for 98 percent of par. The second issue has a face value of $75 million, a coupon rate of 5 percent, and sells for 110 percent of par. The first issue matures in 22 years, the second in 7 years. Both bonds make semiannual coupon payments. A. What are the company's capital structure weights on a book value basis
Dinklage Corp.'s capital structure weights on a book value basis are:
Common stock: 25.3%
First bond issue: 40.7%
Second bond issue: 34.0%
To calculate the company's capital structure weights on a book value basis, we need to determine the total book value of the company's common stock and bonds.
Book value of common stock = 7 million shares x $8 per share = $56 million
Book value of first bond issue = $90 million
Book value of second bond issue = $75 million
Total book value = $56 million + $90 million + $75 million = $221 million
Now, we can calculate the capital structure weights:
Book value weight of common stock = $56 million / $221 million = 0.253 or 25.3%
Book value weight of first bond issue = $90 million / $221 million = 0.407 or 40.7%
Book value weight of second bond issue = $75 million / $221 million = 0.340 or 34.0%
Therefore, Dinklage Corp.'s capital structure weights on a book value basis are:
Common stock: 25.3%
First bond issue: 40.7%
Second bond issue: 34.0%
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The profit maximizing monopolist would achieve loss minimization when...
The profit-maximizing monopolist would achieve loss minimization when the marginal revenue (MR) equals marginal cost (MC).
In this situation, the monopolist is able to determine the optimal quantity and price of the product to maximize profit or minimize losses. Firstly, it is important to understand that a monopolist is a single producer in a market who faces a downward-sloping demand curve. As a result, the monopolist has the ability to set prices, unlike firms in perfect competition that take prices as given.
In order to maximize profit, a monopolist must produce at the output level where marginal revenue equals marginal cost (MR=MC). This is because an additional unit of output generates both extra revenue and extra costs. If the marginal revenue from selling an additional unit is greater than the marginal cost, the monopolist will increase its profit by producing and selling that unit. Conversely, if the marginal revenue is less than the marginal cost, the monopolist would lose money by producing that unit and should decrease production.
To minimize losses, the monopolist should continue producing as long as the price is greater than or equal to the average variable cost (AVC). This is because when the price is above AVC, it is covering not only the variable cost but also a portion of the fixed cost, helping to reduce the total loss.
In summary, the profit-maximizing monopolist would achieve loss minimization by producing at the output level where marginal revenue equals marginal cost, while ensuring that the price is greater than or equal to the average variable cost. This allows the monopolist to find the optimal quantity and price to maximize profit or minimize losses.
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Suppose a firm that has been earning $2 and paying a dividend of $1. 00, or a 50% dividend payout, announces that it is increasing the dividend to $1. 50. The stock price then jumps from $20 to $30. Some people would argue that this is proof that investors prefer dividends to retained earnings. Miller and modigliani would agree with this argument.
The announcement of an increase in dividends by a firm from $1 to $1.50, accompanied by a rise in stock price from $20 to $30, may suggest that investors prefer dividends to retained earnings. According to the Miller-Modigliani theorem, in a world of perfect capital markets, the choice between dividends and retained earnings should not affect the firm's stock price or its cost of capital.
The rise in stock price following a firm's announcement of an increase in dividend payout may suggest that investors prefer dividends to retained earnings. Miller and Modigliani's theorem suggests that this should not affect stock price or cost of capital in a perfect capital market, but market imperfections can influence investor behavior.
Investors may view dividend increases as a positive signal for the firm's future prospects, leading to a rise in demand and stock price.
However, this assumption of perfect capital markets is unrealistic, as there are market imperfections that can affect the behavior of investors. Investors may perceive dividends as a signal of a firm's positive future prospects, which could lead to an increase in demand for the stock and, therefore, a rise in stock price.
Furthermore, investors may also have preferences for dividends due to their cash flow needs or their desire for a steady stream of income.
Miller and Modigliani would agree with the argument that investors prefer dividends to retained earnings, as their theorem only holds true in a world of perfect capital markets.
In the presence of market imperfections, the choice between dividends and retained earnings can affect the behavior of investors and, therefore, the stock price of the firm.
In conclusion, the announcement of an increase in dividends by a firm, accompanied by a rise in stock price, may suggest that investors prefer dividends to retained earnings.
Miller and Modigliani's theorem only holds true in a world of perfect capital markets, and in the presence of market imperfections, investor behavior can be affected by the choice between dividends and retained earnings.
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ShippersRUs provides logistic support services for on-line merchants. The company maintains warehouses that stock items carried by the on-line clients. When a client receives an order from a customer, the order is forwarded to ShippersRUs, which pulls the item from storage, packs it and ships it to the customer. The compay uses a predetermined variable overhead rate based on direct labor-hours. In the most recent month, 160,000 items were shipped to customers using 2,200 direct labor-hours. The company incurred a total of $8,100 in variable overhead costs. According to the company's standards, 0. 01 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $1. 25 per direct labor-hour. The static budget this month was based on the expectation that 140,000 items would be shipped. The actual number of items shipped was 140,000 items. If direct labor cost is $15. 00 per hour, what is the amount of direct labor cost in the flexible budget
The amount of direct labor cost in the flexible budget for the month is $21,000.
To determine this, we will consider the actual number of items shipped, the direct labor-hours required per item, and the direct labor cost per hour.
In the most recent month, ShippersRUs shipped 140,000 items, as mentioned in the question. The company's standards indicate that 0.01 direct labor-hours are required to fulfill an order for one item, and the direct labor cost is $15.00 per hour.
To calculate the total direct labor-hours needed, we multiply the number of items shipped by the direct labor-hours per item:
140,000 items x 0.01 direct labor-hours per item = 1,400 direct labor-hours
Now, we can find the total direct labor cost by multiplying the total direct labor-hours by the direct labor cost per hour:
1,400 direct labor-hours x $15.00 per hour = $21,000
So, the amount of direct labor cost in the flexible budget for the month is $21,000.
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"Summarize the concept of the balanced scorecard. What are its mainadvantages? Explain in 200 words
The balanced scorecard (BSC) is a strategic management tool that assists organizations in monitoring and evaluating their performance across four key perspectives: financial, customer, internal business processes, and learning and growth.
Understanding balanced scorecard (BSC)It was developed by Drs. Robert Kaplan and David Norton in the early 1990s to help businesses translate their vision and strategy into actionable objectives and performance measures.
The main advantages of the balanced scorecard include:
1. Holistic approach: BSC provides a comprehensive view of an organization's performance by considering multiple perspectives, ensuring that all key aspects are covered and aligned with the overall strategy.
2. Strategy execution: BSC helps organizations translate their strategic goals into measurable objectives, thereby enabling better strategy execution and monitoring.
3. Enhanced communication: By clearly outlining the organization's strategic goals and performance measures, BSC facilitates better communication and understanding of the strategy among employees, leading to improved organizational alignment.
4. Continuous improvement: The BSC framework promotes regular monitoring and review of performance data, allowing organizations to identify areas for improvement and make necessary adjustments in a timely manner.
In summary, the balanced scorecard is a valuable management tool that enables organizations to effectively monitor and manage their performance across various perspectives, ensuring a comprehensive and aligned approach to strategy execution and continuous improvement
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Alternatively, Eric could make a financial investment by purchasing bonds issued by the government of Japan. Assuming that everything else is equal, a bond issued by the government of Japan most likely pays a ____________ interest rate than a bond issued by a government that is engaged in a civil war
Alternatively, Eric could make a financial investment by purchasing bonds issued by the government of Japan. Assuming that everything else is equal, a bond issued by the government of Japan most likely pays a lower interest rate than a bond issued by a government that is engaged in a civil war
A bond issued by the government of Japan most likely pays a lower interest rate than a bond issued by a government that is engaged in a civil war.
This is because the government of Japan is generally considered to be a low-risk borrower, while a government that is in the midst of civil war is considered a high-risk borrower. Investors demand higher interest rates to compensate for the higher risk of default associated with high-risk borrowers.
Japan has a stable political environment and a strong economy, which are favorable factors for bond investors. The Japanese government has a good track record of meeting its debt obligations, which makes its bonds a relatively safe investment option. In contrast, a government that is involved in a civil war may not have the resources to pay back its debts, and the political instability may make it difficult to predict the future economic conditions, adding to the risk associated with its bonds.
In summary, the interest rate on a bond is largely dependent on the creditworthiness of the issuer. The government of Japan is considered a low-risk borrower and is likely to offer a lower interest rate than a government involved in a civil war, which is considered a high-risk borrower.
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sleepy brook has a deed restriction against any type of fence. felix buys property in the subdivision, then erects a fence to restrain his dog. the neighbors could prevent felix from erecting this fence by:
As per the given scenario, Sleepy Brook has a deed restriction against any type of fence. This means that the homeowners in this subdivision cannot construct any type of fence on their property. Felix, who recently bought a property in Sleepy Brook, erected a fence to restrain his dog.
However, his action is in violation of the deed restriction. If the neighbors want to prevent Felix from erecting this fence, they can take legal action against him. They can file a lawsuit against him for violating the deed restriction, which is a legally binding agreement between all homeowners in Sleepy Brook. In such a case, Felix will have to remove the fence from his property, failing which he may face penalties and fines.
Alternatively, the neighbors could try to resolve the issue informally by talking to Felix and explaining to him the terms of the deed restriction. They could also request him to remove the fence voluntarily. However, if Felix does not cooperate, they may have to take legal action.
In conclusion, the neighbors in Sleepy Brook have the right to prevent Felix from erecting a fence on his property as it is in violation of the deed restriction. They can take legal action against him to ensure that he complies with the terms of the agreement.
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the market rate of return is 12.65 percent, and the risk-free rate is 3.1 percent. galaxy company has 15 percent more systematic risk than the overall market and has a dividend growth rate of 3.75 percent. the firm's stock is currently selling for $53 a share and has a dividend yield of 4.53 percent. what is the firm's average cost of equity? group of answer choices 17.33% 11.18% 10.87% 12.16% 12.36%
To calculate the average cost of equity for Galaxy Company, we need to use the Capital Asset Pricing Model (CAPM). The CAPM formula is: Option C is correct.
Cost of Equity = Risk-Free Rate + Beta * (Market Rate of Return - Risk-Free Rate) Here, the risk-free rate is given as 3.1 percent and the market rate of return is 12.65 percent. We also know that Galaxy Company has 15 percent more systematic risk than the overall market, which means its beta is 1.15, we need to calculate the expected market rate of return that incorporates the company's dividend growth rate. We can use the Dividend Discount Model (DDM) for this calculation. The DDM formula is:
Expected Market Rate of Return = Dividend Yield + Dividend Growth Rate
Here, the dividend yield is given as 4.53 percent and the dividend growth rate is 3.75 percent. Therefore, the expected market rate of return is:
Expected Market Rate of Return = 4.53% + 3.75% = 8.28%
Using the CAPM formula, we can now calculate the cost of equity for Galaxy Company:
Cost of Equity = 3.1% + 1.15 * (8.28% - 3.1%) = 10.87%
Therefore, the answer is 10.87%, which is option C. This means that investors require a return of 10.87% to compensate for the risk associated with investing in Galaxy Company's stock.
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A major difference between freehold and nonfreehold estates is that all freehold estates 1. Are of indeterminable duration. 2. Terminate upon the death of the person on whose life they are based. 3. Are inheritable by the holder's heirs. 4. Are estates for a fixed term
The major difference between freehold and non freehold estates lies in the duration of ownership.
Freehold estates, unlike non freehold estates, are of indeterminable duration, which means that they can last forever or until the owner decides to sell or transfer the property.
Additionally, freehold estates are inheritable by the holder's heirs, allowing for a transfer of ownership to future generations.
In contrast, non freehold estates are estates for a fixed term or based on the life of a specific individual, meaning they terminate upon the expiration of the agreed-upon time or the death of the person on whose life they are based.
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Differential Analysis for Sales Promotion Proposal Kankakee Cosmetics Company is planning a one-month campaign for December to promote sales of one of its two cosmetics products. A total of $150,000 has been budgeted for advertising, contests, redeemable coupons, and other promotional activities. The following data have been assembled for their possible usefulness in deciding which of the products to select for the campaign:
Moisturizer Perfume
Unit selling price $35 $55
Unit production costs:
Direct materials $(12) $(20)
Direct labor (8) (10)
Variable factory overhead (3) (6)
Fixed factory overhead (2) (6)
Total unit production costs $(25) $(42)
Unit variable selling expenses (2) (3)
Unit fixed selling expenses (2) (8)
Total unit costs $(29) $(53)
Operating income per unit $6 $2
No increase in facilities would be necessary to produce and sell the increased output. It is anticipated that 40,000 additional units of moisturizer or 30,000 additional units of perfume could be sold from the campaign without changing the unit selling price of either product.
Required:
Prepare a differential analysis as of November 2 to determine whether to promote moisturizer (Alternative 1) or perfume (Alternative 2). If an amount is zero, enter "0"
The differential analysis compares the cost and revenue for two products, moisturizer and perfume, to determine which one to promote during the December campaign. The analysis shows that promoting the moisturizer is more profitable with a net income of $240,000 compared to perfume with a net income of $60,000.
Differential Analysis
Alternative 1: Moisturizer
Additional units to be sold: 40,000
Total additional revenue (40,000 x $35) = $1,400,000
Variable costs
Direct materials $480,000
Direct labor 320,000
Variable factory overhead 120,000
Unit variable selling expenses (2 x 40,000) 80,000
Total variable costs $1,000,000
Contribution margin $400,000
Fixed costs:
Fixed factory overhead 80,000
Unit fixed selling expenses (2 x 40,000) 80,000
Total fixed costs $160,000
Net operating income $240,000
Alternative 2: Perfume
Additional units to be sold: 30,000
Total additional revenue (30,000 x $55) = $1,650,000
Variable costs:
Direct materials $600,000
Direct labor 300,000
Variable factory overhead 180,000
Unit variable selling expenses (3 x 30,000) 90,000
Total variable costs $1,170,000
Contribution margin $480,000
Fixed costs:
Fixed factory overhead 180,000
Unit fixed selling expenses (8 x 30,000) 240,000
Total fixed costs $420,000
Net operating income $60,000
Decision
The differential analysis indicates that Alternative 1 (promote Moisturizer) would result in a higher net operating income of $240,000 compared to Alternative 2 (promote Perfume) with a net operating income of $60,000. Therefore, Kankakee Cosmetics Company should choose to promote Moisturizer.
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