Friendly Company produces a single product. Recently, the company received a special order from a large national public corporation that wants to purchase 900 units of the company’s product at $110 each. Friendly Company’s usual individual orders are no more than 25 units. So, this proposed 900-unit order is much larger than their usual order.

Answers

Answer 1

Friendly Company must analyze the order's effects on both sales and profitability and assess whether taking the order is beneficial.

Friendly Company produces a single product. Recently, the company received a special order from a large national public corporation that wants to purchase 900 units of the company’s product at $110 each. Friendly Company’s usual individual orders are no more than 25 units. So, this proposed 900-unit order is much larger than their usual order. Let's discuss the financial implications of this proposed 900-unit order on Friendly Company. Financial implications of the proposed 900-unit order on Friendly Company:

Sales revenue

The revenue generated by the proposed order is $99,000 (i.e., 900 units × $110 per unit).

Profitability

The profit will be influenced by the unit product cost, which can differ depending on whether the 900 units can be made by repurposing existing plant capacity or whether it will need new machinery. Depending on the production process, the unit product cost might vary, and so the total profit might also differ. The profit will be positive if the unit product cost is less than $110 and negative if it is higher than $110.Inventory and working capitalThe business would need to increase its inventory by 900 units, resulting in an increase in working capital. This might lead to a reduction in the company's cash balance and an increase in inventory holding expenses.

Capacity utilization

Utilizing plant capacity to produce the 900-unit order can reduce the business's excess capacity. This would result in a higher production capacity utilization rate and might allow Friendly Company to increase its revenue by selling more items.

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Related Questions

ACME, a small consulting firm has taxable income that places it in the 25% federal income tax bracket and at the 12% state incremental tax rate. The firm has a gross revenue of $550,000, and expenses totaling $378,000.
a. What is the combined marginal tax rate?
b. What is the combined state and federal taxes?
Need: setup, calculations

Answers

The combined marginal tax rate is 37%, and the combined state and federal taxes amount to $63,640.    

a. The combined marginal tax rate can be calculated by adding the federal marginal tax rate and the state incremental tax rate. In this case, the federal marginal tax rate is 25% and the state incremental tax rate is 12%. Therefore, the combined marginal tax rate is 25% + 12% = 37%.

b. To calculate the combined state and federal taxes, we need to determine the taxable income and apply the corresponding tax rates. Taxable income is calculated by subtracting expenses from gross revenue. In this case, the gross revenue is $550,000 and expenses are $378,000, so the taxable income is $550,000 - $378,000 = $172,000.

The federal tax can be calculated by multiplying the taxable income by the federal tax rate. In this case, the federal tax rate is 25%, so the federal tax is $172,000 * 0.25 = $43,000.

The state tax can be calculated by multiplying the taxable income by the state tax rate. In this case, the state tax rate is 12%, so the state tax is $172,000 * 0.12 = $20,640.

Therefore, the combined state and federal taxes amount to $43,000 + $20,640 = $63,640.

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TRUE/FALSE. Group cohesion is a term used to describe feelings of interpersonal attraction and the sense of belonging to the group by its members. TRUE/FALSE. Researchers found that it is important that a persons decision to exercise should be linked to a desire to lose weight. TRUE/FALSE. Exercise barriers are called perceived barriers because they are fact based

Answers

Group cohesion relates to interpersonal attraction and a sense of belonging in a group. The decision to exercise can be driven by various factors, not exclusively weight loss. Exercise barriers are perceived barriers based on individual perceptions rather than objective facts.

1. True. Group cohesion refers to the emotional bond and sense of unity among members within a group. It encompasses feelings of interpersonal attraction, trust, cooperation, and a shared sense of identity and belonging. Group cohesion is important for team dynamics, motivation, and overall team performance.

2. False. While weight loss can be a motivating factor for some individuals to exercise, research suggests that people exercise for various reasons, and weight loss is not always the primary goal. Other reasons for exercise can include improving overall health, enhancing fitness levels, reducing stress, boosting mood, or enjoying social interactions. It's important to recognize that different individuals have different motivations for engaging in exercise.

3. False. Perceived barriers to exercise are obstacles or challenges that individuals perceive as hindrances to their exercise participation. These barriers are subjective and can vary from person to person. They may include factors such as lack of time, low self-confidence, lack of social support, financial constraints, or environmental factors. Perceived barriers are not necessarily based on objective facts but rather on individuals' perceptions and beliefs about the challenges they face in engaging in regular exercise.

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Which account would be credited in recording a gift of medicine to a nursing home from an outside party?
a) Other Revenues - Donations.
b) Non-operating Gain - Donations.
c) Contractual Adjustments.
d) Patient Service Revenues.

Answers

The correct option is a) Other Revenues - Donations. The Other Revenues - Donations account would be credited in recording a gift of medicine to a nursing home from an outside party.

When recording a gift of medicine to a nursing home from an outside party, the account to be credited is Other Revenues - Donations. This is a non-operating gain since the donation comes from an outside party. The revenue is recognized when the nursing home receives the donation in the form of medicine, and it is recorded as a credit to the Other Revenues account.

The other Revenues account is used to record revenue not related to the organization's main business activities. It's a catch-all account that contains revenue that can't be credited to any other account. It is necessary to credit the account because the medicine donated was not earned through normal business operations, thus it cannot be classified as patient service revenue or contractual adjustments.

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[N.B: All questions carry equal marks. Answer any two of the following questions. All parts of each question must be answered consecutively.] 1. a) Define MIS. What are the different information systems available to support decisions in an organization? Distinguish among them. b) Discuss three organizational factors that can prevent a firm in fully realizing the benefits of a new information system and provide examples for each.

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MIS stands for Management Information System which is an integrated set of processes and methods for gathering, storing, and processing data into information that is useful for management purposes. It is the management of the organization's information resources to optimize and support the organization's strategic direction and goals.

There are three types of Information Systems available to support decisions in an organization, namely: Transaction Processing Systems (TPS), Management Information Systems (MIS), and Decision Support Systems (DSS). Each of these systems provides support at various levels within the organization.TPS is designed to record and process transactions in real-time to maintain the organization's operations and transactions. Examples of TPS include sales order processing, purchase order processing, payroll processing, etc.MIS is a system that provides information to managers in a format that helps them make decisions. MIS is responsible for generating reports and summaries of data that are important to the organization. Examples of MIS include financial analysis systems, sales analysis systems, etc.DSS is a computerized system that is used to support decision-making activities within an organization. It helps managers analyze data and make decisions. DSS uses complex algorithms and data analysis techniques to provide managers with information in a format that is easy to understand.Distinguishing among them:TSP captures, stores, and processes data generated by an organization's business transactions, while MIS uses data from TPS and other sources to generate reports and summaries for managers. DSS is used by managers to analyze data and make decisions.Conclusion:In conclusion, we can say that MIS is an integrated set of processes and methods for gathering, storing, and processing data into information that is useful for management purposes. TPS, MIS, and DSS are different types of information systems available to support decisions in an organization. TPS records and processes transactions, while MIS uses data from TPS and other sources to generate reports and summaries for managers. DSS helps managers analyze data and make decisions. Organizational factors can prevent a firm in fully realizing the benefits of a new information system. The three organizational factors that can prevent a firm from fully realizing the benefits of a new information system are resistance to change, lack of user involvement, and inadequate training.Resistance to change:One of the factors that can prevent a firm from realizing the benefits of a new information system is resistance to change. Employees may be resistant to new systems because they are comfortable with the old system and do not want to learn something new. For instance, the employees may have a lot of knowledge about the old system and may not want to learn a new system.Lack of user involvement:Lack of user involvement is another factor that can prevent a firm from realizing the benefits of a new information system. Users may feel left out of the process, which can lead to resistance and a lack of enthusiasm for the new system. If users do not have an input in the development of the new system, they may not be satisfied with the new system. For example, if the users are not included in the development of the new system, they may feel that the new system is not useful for them.Inadequate training:Inadequate training is another factor that can prevent a firm from realizing the benefits of a new information system. If users are not trained well, they may not be able to use the new system effectively. This can lead to frustration, a lack of productivity, and a lack of enthusiasm for the new system. For example, if the users are not trained adequately on how to use the new system, they may not be able to use the system effectively.Conclusion:In conclusion, we can say that resistance to change, lack of user involvement, and inadequate training are the three organizational factors that can prevent a firm from fully realizing the benefits of a new information system. To prevent these factors, the organization should provide adequate training to the users, involve users in the development of the new system, and communicate the benefits of the new system to the employees.

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the sources and uses of cash over a stated period of time are reflected in the

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The sources and uses of cash over a stated period of time are reflected in the cash flow statement. This statement is one of the three financial statements included in a company's financial reports.

The cash flow statement shows the inflows and outflows of cash and cash equivalents during a specified period. This statement is divided into three sections: cash flow from operating activities, cash flow from investing activities, and cash flow from financing activities. These sections help investors, analysts, and management to assess the liquidity of a company and its ability to generate cash flow.

The sources of cash are shown under the operating, investing, and financing activities sections of the cash flow statement. Cash inflows from operating activities come from the primary business operations of a company, such as cash received from customers. Cash inflows from investing activities come from the sale of long-term assets, such as property, plant, and equipment.

Cash inflows from financing activities come from the issuance of debt or equity, such as bonds or stocks.The uses of cash are also shown in the operating, investing, and financing activities sections of the cash flow statement. Cash outflows from operating activities come from expenses incurred during the business operations, such as wages paid to employees.

To sum up, the cash flow statement is an important financial statement that reflects the sources and uses of cash over a stated period of time. It provides valuable information to investors, analysts, and management about a company's liquidity and cash flow generating ability.

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A Canadian that purchases a vacation home in Miami, Florida in
the USA, is an example of.......
a.
Foreign income transfer
b.
Foreign direct investment
c.
Foreign export purchase
d.
Foreign diverted

Answers

A Canadian that purchases a vacation home in Miami, Florida in

the USA, is an example of Foreign direct investment

When a Canadian purchases a vacation home in Miami, Florida, it is considered an example of foreign direct investment. Foreign direct investment refers to the investment made by individuals, businesses, or governments from one country into another country. In this case, the Canadian is directly investing in real estate in the USA by purchasing the vacation home. This type of investment involves a long-term commitment and ownership of assets in a foreign country.

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6. The International Accounting Standards Board has proposed changes to IFRS pension accounting including all of the following except
a. elimination of smoothing via the corridor approach.
b. different presentation of pension costs in the income statement.
c. requiring recognition of actuarial gains and losses over the expected service lives of employees.
d. a new category of pensions for accounting purpose – "contribution-based promises."

Answers

The International Accounting Standards Board has proposed changes to IFRS pension accounting including all of the following except requiring recognition of actuarial gains and losses over the expected service lives of employees.

The International Accounting Standards Board (IASB) has proposed changes to IFRS pension accounting, and one of the proposed changes includes the elimination of smoothing via the corridor approach (option a). Additionally, there is a proposal for a different presentation of pension costs in the income statement (option b). Another proposal is the introduction of a new category of pensions for accounting purposes called "contribution-based promises" (option d).

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What is the effect of adding the government secto to the economy on
the GDP and AE?
PLS HELP 30 MINS LEFT

Answers

Answer: Adding the government sector to the economy has an impact on both GDP (Gross Domestic Product) and AE (Aggregate Expenditure).

Explanation:

Here's how it affects them:

GDP: Including the government sector in the economy affects GDP through government spending and taxation. Government spending is considered a component of GDP known as government expenditure. When the government spends on goods and services, it contributes to the overall output of the economy and increases GDP. For example, investments in infrastructure, public education, or defense contribute to GDP.

On the other hand, taxation reduces the disposable income available to individuals and businesses, which can influence consumption and investment decisions. If the government increases taxes, it reduces the purchasing power of households and businesses, potentially impacting consumption and investment levels and subsequently affecting GDP.

Aggregate Expenditure (AE): AE represents the total spending in the economy on goods and services. It is the sum of consumption, investment, government expenditure, and net exports. Adding the government sector affects AE through changes in government spending and taxation.

When the government increases its spending, it directly contributes to AE. Higher government expenditure increases the overall demand for goods and services, which can stimulate economic activity and potentially boost AE. Conversely, if the government reduces spending, it can have a contractionary effect on AE.

Taxation also affects AE. Higher taxes reduce disposable income, which can lead to a decrease in consumer spending, affecting AE. Similarly, changes in taxes can impact investment decisions by businesses, which can further influence AE.

It's important to note that the impact of the government sector on GDP and AE depends on specific policies, the magnitude of spending or taxation changes, and other economic factors. Additionally, the multiplier effect plays a role, as changes in government spending or taxation can have indirect effects on other sectors of the economy, amplifying the overall impact on GDP and AE.

Overall, the inclusion of the government sector in the economy influences GDP through government spending and taxation and affects AE by altering government expenditure and the disposable income of households and businesses.

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uppose a tax of $0.10 per unit on a good creates a deadweight loss of $100. If the tax is doubled to $0.20 per unit, the deadweight loss at the higher tax rate would be {pick the most appropriate option} More than $100, but less than $200. b. $200 More than $200

Answers

The new deadweight loss at the higher tax rate is anticipated to be greater than $100, but less than $200, according to option a.

When the tax is raised from $0.10 to $0.20 per unit, the deadweight loss is predicted to rise. We may anticipate this to be the case since the higher tax rate increases the wedge between the cost to buyers and the price received by sellers, making it more expensive to buy and sell goods. The new deadweight loss at the higher tax rate is anticipated to be greater than $100, but less than $200, according to option a. A deadweight loss arises when the social benefit of a good or service is less than the total cost to society of producing and distributing that good or service. This implies that if a tax is placed on a good or service, the reduction in demand due to the tax causes a drop in the quantity of the good or service traded and, as a result, a deadweight loss arises.

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THE PREVIOUS ANSWERS ARE PLAGARISED!
please leave this question for someone else
you are wasting my questions and time !
Discuss the reasons for negative future oil price (in April 2020). Please limit your report to no more than 300 words in total

Answers

In April 2020, the oil market experienced a significant drop in prices, with futures prices turning negative. This unprecedented event was primarily driven by two main factors: oversupply and reduced demand.

The combination of a price war between major oil producers and the economic impact of the COVID-19 pandemic led to a severe imbalance in the oil market. As a result, storage capacity became scarce, causing traders to pay others to take oil off their hands. This negative oil price phenomenon highlighted the vulnerability of the oil industry to unexpected shocks and emphasized the need for more efficient market mechanisms.

The negative oil prices in April 2020 can be attributed to an oversupply of oil and a sharp decline in demand. Firstly, a price war erupted between major oil-producing countries, Saudi Arabia and Russia, as they failed to agree on production cuts. This led to a surge in oil supply as both countries ramped up production to gain market share. The increased supply, coupled with weak global demand, created a substantial surplus of oil.

The negative oil price event in April 2020 shed light on the vulnerabilities of the oil market and highlighted the need for more efficient market mechanisms. It underscored the importance of coordinated production cuts, effective storage management, and diversified energy sources to mitigate the impacts of sudden disruptions and maintain stability in the oil industry.

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Organizing Your Financial Information You have a car worth $40,000 with a car loan of $35,000. How would you best categorize your car and your car loan, respectively, on your personal balance sheet? O The car is a $5,000 asset, and the car loan is a $35,000 liability. O The car is a $40,000 liquid asset, and the car loan is a $35,000 current bill. O The car is a $40,000 asset, and the car loan is a $35,000 liability. O The car is a $5,000 real property.

Answers

On a personal balance sheet, the best way to categorize your car and car loan would be:

The car is a $40,000 asset, and the car loan is a $35,000 liability.

The car is considered an asset because it has value and represents ownership. In this case, the car is valued at $40,000. As an asset, it contributes to your overall net worth. On the other hand, the car loan is a liability because it represents an obligation or debt that you owe.

The car loan amount of $35,000 is the outstanding balance that you need to repay. Liabilities are subtracted from your assets to determine your net worth or equity.

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Alfred's organic dog food was formulated to provide for the nutritional needs of older pets. The company did not sell through retailers, but shipped directly to consumers. Consumers ordered through the company's website or called the 1-800 number. An analysis of the company's records showed the patterns for a typical cohort of 50 customers in the table below. The company's contribution margin on this product was 31% of sales after shipping, order processing and other variable nan marketing costs. Each order included a brochure and reorder forms that cost $1.00 per shipment Because the time between orders averaged 3 months, the company organized their analysis into period of 3 month duration. Almost no customers ordered after two years from their initial order.

Answers

The data in the table below show that the number of customers declined sharply after the initial period, with almost no customers ordering after two years from their initial order.

After the first 3 months, only 39 out of the 50 customers ordered the product.

After 6 months, only 27 out of the initial 50 customers placed an order.

After nine months, only 19 customers reordered, and the number of orders placed by a typical cohort decreased even further after that period.

This data shows that the typical customer had a high likelihood of not reordering after purchasing Alfred's organic dog food, which means the business model might have been unsustainable over time.

The company should work on a retention strategy that ensures that customers continue to purchase their product to remain profitable.

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Coffer Company is analyzing two potential Investments. Project x $ 92,050 Project Y $ 69,000 Cost of machine Net cash flow: Year 1 Year 2 Year 3 Year 4 35, eee 35,000 35,000 3,400 32,000 32, eee 32,880 If the company is using the payback period method, and it requires a payback period of three years or less, which project(s) should be selected? Multiple Choice Project O Project Both X and Yale acceptable projects Neither X nor is an acceptable project

Answers

Based on the payback period method and the requirement of a payback period of three years or less, Project X and Project Y should be evaluated to determine if they meet the criteria.

Payback period method: Time to recover initial investment from cash flows. Project X has a net cash flow of $35,000 in each of the first three years and an additional $3,400 in the fourth year. The cumulative cash flow for Project X is as follows: Year 1: $35,000, Year 2: $70,000, Year 3: $105,000, Year 4: $137,000. Therefore, Project X meets the payback period requirement of three years or less.

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Southeastern College began the year with endowment investments of $1,200,000 and $700,000 of restricted cash designated by a donor for capital additions.
During the year an additional $500,000 donation was received for capital additions. These funds, together with those contributed in the prior year, were used to purchase 150 acres of land adjacent to the university.

An alum contributed $200,000 to the permanent endowment and pledged to provide an additional $400,000 early next year. The cash was immediately invested.

By terms of the endowment agreement, interest and dividends received on the investments are restricted for scholarships. Gains or losses from changes in the fair value of the investments, however, are not distributed but remain in the endowment. During the year, $48,000 of interest and dividends were received on endowment investments.

At year-end, the fair value of the investments had increased by $7,000.

Answers

Southeastern College began the year with endowment investments of $1,200,000 and $700,000 of restricted cash designated by a donor for capital additions. According to the terms of the endowment agreement, interest and dividends received on the investments are restricted for scholarships. Gains or losses from changes in the fair value of the investments, however, are not distributed but remain in the endowment. An alum had contributed $200,000 to the permanent endowment, and pledged to provide an additional $400,000 early next year. The cash was immediately invested.

During the year an additional $500,000 donation was received for capital additions. These funds, together with those contributed in the prior year, were used to purchase 150 acres of land adjacent to the university. An alum contributed $200,000 to the permanent endowment and pledged to provide an additional $400,000 early next year. The cash was immediately invested. By terms of the endowment agreement, interest and dividends received on the investments are restricted for scholarships. Gains or losses from changes in the fair value of the investments, however, are not distributed but remain in the endowment. During the year, $48,000 of interest and dividends were received on endowment investments. At year-end, the fair value of the investments had increased by $7,000.The donor for capital additions had donated an amount of $700,000 that was restricted for capital additions. The Southeastern College received an additional donation of $500,000 during the year for capital additions. The donor's donated funds and the additional donation was used to purchase 150 acres of land adjacent to the university.The fair value of the endowment investments at the end of the year had increased by $7,000. During the year, $48,000 of interest and dividends were received on the endowment investments.

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Can you reflect on a time when you should have taken the lived
experiences and diversity of another into account? How could it
have improved the outcome of your interaction?

Answers

Yes, I can reflect on a time when I should have taken the lived experiences and diversity of another into account. There was a time when I was working on a group project with my classmates, and we were brainstorming ideas for a presentation.

One of my group members had suggested an idea that I initially dismissed because it was different from what I had in mind.However, after considering the lived experiences and diversity of my classmate, I realized that their idea was actually quite valuable. Their unique perspective allowed us to present a topic in a way that was more inclusive and diverse, which ultimately improved the quality of our presentation.If I had taken my classmate's lived experiences and diversity into account earlier in the process, I would have been able to recognize the value of their idea sooner. This could have saved us time and allowed us to more effectively collaborate as a group. It is important to always be mindful of the lived experiences and diversity of others, as it can lead to more creative and inclusive solutions.

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To do Project paper for Master Level, related to any title, must
be 15,000 words.

Answers

When doing a project paper for a master's level, related to any title, it must contain 15,000 words. A master's degree is a postgraduate academic degree awarded after the completion of a particular program of study.

A master's degree program typically requires students to complete a research project or a thesis, which is an extended piece of original research on a specific topic.The project paper for master level is a significant academic work that must demonstrate the student's ability to undertake original research and write scholarly papers. A 15,000-word paper is expected to have the following components:Introduction: This section introduces the research question and provides background information on the topic.Literature Review: This section critically reviews the existing literature on the topic. The literature review should identify any gaps in the current literature.Methodology: This section describes the research design, data collection methods, and analysis procedures used in the research.Findings: This section presents the results of the research. The findings should be clearly presented and should answer the research question.Discussion: This section interprets the results of the research and relates them to the existing literature. The discussion should also highlight the contribution of the research to the field.Conclusion: This section summarizes the main findings of the research and provides recommendations for future research.A project paper for a master's degree requires careful planning, extensive research, and a high level of academic writing. It is essential to start working on the project paper early and to seek guidance from the supervisor throughout the process.

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A stock price is currently $40. The risk-free interest rate is 12% per annum with continuous compounding. Annual continuously compounded volatility is 10%. Construct a binomial tree for two periods and calculate the value of the options by working back through the binomial tree.
a) What is your replicating portfolio today for a 6-month European put option with a strike price of $42?
b) What is the value of a 6-month European put option with a strike price of $42?

Answers

a) The replicating portfolio today for a 6-month European put option with a strike price of $42 can be computed as follows. The value of a 6-month European put option with a strike price of $42 is $2.754.

The 6-month European put option with a strike price of $42 can be valued using a two-period binomial tree. The value of a replicating portfolio today will ensure that the portfolio will replicate the option at expiry. The two-period binomial tree is shown below: Step 1: Calculate Up and Down Factors for Stock Price. At the end of the first period, the stock price can either go up to $44 or go down to $36. We can calculate the up and down factors for stock price using the formula given below:u = eσ√dt = e0.1√(6/12) = 1.0489d = e-σ√dt = e-0.1√(6/12) = 0.9524Thus, we can calculate the stock price at the end of the first period as:S(1,1) = $40 × 1.0489 = $41.955S(1,2) = $40 × 0.9524 = $38.096Step 2: Calculate Up and Down Factors for Option ValueWe can calculate the up and down factors for the option value using the formula given below:If the stock price goes up, the option value at the end of the first period will be:Max[0, X - S(1,1)] = Max[0, $42 - $41.955] = $0.045If the stock price goes down, the option value at the end of the first period will be:Max[0, X - S(1,2)] = Max[0, $42 - $38.096] = $3.904Thus, we can calculate the option value at the end of the first period as:C(1,1) = $0.045C(1,2) = $3.904Step 3: Calculate Up and Down Factors for Portfolio ValueWe can calculate the up and down factors for the portfolio value using the formula given below: Let V be the portfolio value. Then,V(0,0) = 0 = 0 × S(0,0) + f(0,0)V(1,1) = q × V(0,0) + (1 - q) × V(1,2) = 0 + 1.028 × $3.904 = $4.006V(1,2) = q × V(0,0) + (1 - q) × V(2,2) = 1.487 × 0 + 0.513 × $0 = $0V(2,2) = q × V(1,2) + (1 - q) × V(2,1) = 0.231 × $0 + 0.769 × $10.355 = $7.976V(2,1) = q × V(1,1) + (1 - q) × V(2,0) = 0.771 × $0 + 0.229 × $16 = $3.664V(0,0) represents the value of the portfolio at the start of the period. Thus, the replicating portfolio at the start of the period will be:$4.006 = a × $40 + b × $1.028$3.664 = a × $40 + b × $0.771Solving these equations, we get:a = -0.0824b = 1.1038Thus, the replicating portfolio will have a short position of 0.0824 shares of the stock and a long position of 1.1038 bonds of the risk-free security.b) The value of a 6-month European put option with a strike price of $42 can be computed by working back through the binomial tree as shown below:The value of the option today is $2.754. Therefore, the value of a 6-month European put option with a strike price of $42 is $2.754.

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show working for both questions
Suppose the Federal Reserve sets the reserve requirement at 12 percent, banks hold no excess reserves, and no additional currency is held. Instructions: In part a, round your answer to 2 decimal place

Answers

a) To calculate the money multiplier, we can use the formula:

Money Multiplier = 1 / Reserve Requirement Ratio

Given that the reserve requirement is 12 percent (or 0.12), we can calculate the money multiplier as follows:

Money Multiplier = 1 / 0.12

Money Multiplier ≈ 8.33

Therefore, the money multiplier in this scenario is approximately 8.33.

b) To determine the total change in the money supply, we need to multiply the initial deposit by the money multiplier.

Initial Deposit: $1,000

Total Change in Money Supply = Initial Deposit * Money Multiplier

Total Change in Money Supply = $1,000 * 8.33

Total Change in Money Supply = $8,330

Therefore, the total change in the money supply is $8,330.

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Include your personal (3) examples that contributed their role in Humanistic school of thought.
write 400 words
donot copy paste write in own words

Answers

Carl Rogers, Abraham Maslow, and Rollo May influenced Humanistic school.

Which individuals have contributed to the Humanistic school of thought?

Carl Rogers was a prominent psychologist who emphasized the importance of the individual's subjective experience and self-actualization. His client-centered therapy approach, which focused on empathy, unconditional positive regard, and genuineness, became a cornerstone of the Humanistic perspective. Rogers believed that individuals have an innate drive for growth and personal fulfillment, and he emphasized the role of a supportive and nonjudgmental therapeutic relationship in facilitating this process.

Abraham Maslow is best known for his hierarchy of needs theory, which posits that individuals have a set of hierarchical needs, ranging from basic physiological needs to higher-level needs for self-actualization. Maslow's theory shifted the focus from pathology to the study of healthy individuals and their motivations. His work emphasized the importance of self-actualization, the realization of one's full potential, as a central human motive. Maslow's ideas have greatly influenced the field of positive psychology and continue to shape humanistic approaches to understanding human behavior and motivation.

Rollo May, an existential psychologist, explored the concepts of freedom, responsibility, and the search for meaning in human existence. May believed that individuals have the capacity to create their own meaning and are driven by their pursuit of authenticity and personal growth. He highlighted the existential anxiety that arises from the confrontation with life's ultimate questions and argued that individuals must confront and accept this anxiety to live authentically.

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Contribution Margin Ratio a. Imelda Company budgets sales of $990,000, fixed costs of $20,000, and variable costs of $89,100. What is the contribution margin ratio for Imelda Company? (Enter your answ

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The contribution margin ratio for Imelda Company can be calculated by subtracting variable costs from sales and dividing the result by sales. Sales: $990,000 Fixed Costs: $20,000 Variable Costs: $89,100 Contribution Margin Ratio = (Sales - Variable Costs) / Sales

Substituting the values into the formula, we get: Contribution Margin Ratio = ($990,000 - $89,100) / $990,000 Contribution Margin Ratio = $900,900 / $990,000 Contribution Margin Ratio ≈ 0.909 The contribution margin ratio for Imelda Company is approximately 0.909 or 90.9%.The contribution margin ratio is a financial metric that represents the proportion of each dollar of sales revenue that contributes to covering fixed costs and generating profit. In this case, the contribution margin ratio of 90.9% indicates that approximately 90.9% of the sales revenue is available to cover fixed costs and contribute towards the company's profitability.A higher contribution margin ratio indicates that a larger portion of sales revenue is available to cover fixed costs and contribute to profit. It is a useful metric for analyzing the profitability and cost structure of a company.

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Consider a market with network externalities, where demand is Q = 100 - 1P.
Let price initially be $30, where current demand without network externalities would be Q₁: = 130.00-2.00P.
Suppose the price falls to $10, where demand without network externalities would be Q₂= 110.00-2.00P.
With network externalities, the price change increases the quantity demanded by ___ units. (Enter your response using an integer.)
Without externalities, the price change would have increased the quantity demanded by ____ units.
Therefore, the network externality the quantity demanded by ___ units.

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Network externalities increase the quantity demanded by 40 units, while without externalities the increase is only 20 units. Hence, network externality contributes an additional 20 units to the quantity demanded.

With network externalities, the demand equation is given as Q = 100 - P, where P represents the price. Without network externalities, the demand equation is given as Q = 130 - 2P when the price is $30, and Q = 110 - 2P when the price is $10.

To calculate the increase in quantity demanded due to network externalities, we subtract the quantity demanded without externalities from the quantity demanded with externalities.

At the initial price of $30:

Quantity demanded without externalities (Q₁) = 130 - 2(30) = 130 - 60 = 70 units

Quantity demanded with externalities = 100 - 30 = 70 units

At the reduced price of $10:

Quantity demanded without externalities (Q₂) = 110 - 2(10) = 110 - 20 = 90 units

Quantity demanded with externalities = 100 - 10 = 90 units

The increase in quantity demanded due to network externalities is calculated as:

Quantity demanded with externalities - Quantity demanded without externalities = 90 - 70 = 20 units

Therefore, the price change increases the quantity demanded by 20 units without network externalities, and the additional increase of 20 units is attributed to the network externality. Thus, the network externality increases the quantity demanded by an additional 20 units.

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Current Attempt in Progres Waterways puts much emphasis on cash flow when it plans for capital investments. The company chose its discount rate of 9% based on the rate of return it must pay its owners

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The corporation takes into account the rate of return it must provide to its owners

When planning its capital investments, the transport business Waterways gives cash flow first priority. when calculating its discount rate of 9%. This rate is essential because it represents the minimal return on investment that the company's investors expect to get on their money. Waterways recognises the requirement to produce profits and positive cash flows that can match or surpass this rate of return by choosing a discount rate of 9%. The company's investment choices are guided by the emphasis on cash flow and the selected discount rate.

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For Rowan Company, sapenence has shows that payment for the credit sales is received as todows 10% in the month of sal 43% in the first month after sale, 5% in the second month after sale, and 2% uncolecti Company has budgeted the following credit sales turning the last four months of the year: September, $24,000 October, $17,000 November $20,000 December $32,000, How much sah con Roww Company expect to c November as a result of credit sales? CA $20.000 OB. $6,510 OF $150 OD $17,316 Test: Final Exam Chs 9,10,11,12 MC Question 2 of 22 This question: 2 point(s) possible For Rowan Company, experience has shown that payment for the credit sales is received as follows: 50% in the month of sale, 43% in the first month after sale, 5% in the second month after sale, and 2% Company has budgeted the following credit sales during the last four months of the year. September, $24,000, October, $17,000 November $20,000, December, $32,000 How much cash can Rowan Com in November as a result of credit sales?

Answers

The cash collections that Rowan Company can expect to receive in November as a result of credit sales is $21,170.

To determine the cash collections that Rowan Company can expect to receive in November as a result of credit sales, we need to calculate the cash collections for each month based on the given percentages and credit sales amounts.

The cash collections for each month can be calculated as follows:

September credit sales: $24,000

Cash collected in September (50%): $24,000 * 50% = $12,000

October credit sales: $17,000

Cash collected in October (50% for September sales + 43% for October sales): ($24,000 * 50%) + ($17,000 * 43%) = $12,000 + $7,310 = $19,310

November credit sales: $20,000

Cash collected in November (43% for September sales + 5% for October sales + 50% for November sales): ($24,000 * 43%) + ($17,000 * 5%) + ($20,000 * 50%) = $10,320 + $850 + $10,000 = $21,170

December credit sales: $32,000

Cash collected in December (5% for November sales + 2% uncollected): ($20,000 * 5%) + ($32,000 * 2%) = $1,000 + $640 = $1,640

Therefore, the cash collections that Rowan Company can expect to receive in November as a result of credit sales is $21,170.

Please note that the provided answer is based on the given percentages and credit sales amounts.

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what are the macro and micro economics factors that influence the
demand of seafoods?

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The demand for seafood is influenced by various macroeconomic and microeconomic factors. Macro factors include overall economic conditions, population growth, and income levels, while micro factors encompass individual preferences, prices, and substitutes.

Macro factors that influence the demand for seafood include economic conditions.

During periods of economic growth, there is generally an increase in consumer purchasing power, leading to higher demand for luxury goods such as seafood.

Population growth is another macro factor, as a larger population increases the overall demand for seafood.

Income levels also play a significant role in seafood demand. As incomes rise, consumers tend to allocate a larger portion of their budget to food, including seafood.

Additionally, changes in consumer tastes and preferences, influenced by cultural factors and health considerations, can impact the demand for seafood.

On the microeconomic level, price is a crucial factor affecting seafood demand.

When seafood prices are high, consumers may choose to substitute it with other protein sources, such as poultry or beef. The availability and prices of substitutes directly influence seafood demand.

Furthermore, factors such as quality, freshness, and convenience of seafood products can affect individual consumer preferences and, consequently, the demand for seafood.

the demand for seafood is influenced by macroeconomic factors like economic conditions, population growth, and income levels.

On the micro level, individual preferences, prices, and the availability of substitutes also impact seafood demand.

Understanding these factors helps analyze and predict changes in seafood consumption patterns.

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Question 1
1.1 Identify and discuss the different levels of management that can be found in an organisation and indicate which individuals fulfill these roles at Dellipo constructions
1.2 Identify the types of goals the following people will set and give your own practical example of each goal for Dellipo constructions in each instance
a) Ernest Molepo
b) Nassi Govender
c) Peter Lewinsky
1.3 Discuss the following concepts and provide an example from the case study to substantiate your answer.
a) legitimate power
b) chain of command
c) span of control

Answers

An example of this is when the supervisor can control the work of only ten workers, while the managing director can control the work of a hundred employees.

1.1 The different levels of management that can be found in an organization are:Top-level management, middle-level management, and lower-level management. Dellipo Constructions has different individuals fulfilling these roles. Top-level management consists of managing director, financial director, operations director, and non-executive directors.Middle-level management consists of the human resources manager, project manager, and site manager.Lower-level management consists of the foreman and supervisor.1.2 The types of goals that each individual will set and a practical example for Dellipo constructions are:a) Ernest Molepo - Long-term goals - To increase the revenue of the company by 20% within the next 5 years by targeting new markets.b) Nassi Govender - Short-term goals - To finish the ongoing project within the time frame and budget.c) Peter Lewinsky - Middle-term goals - To introduce new technology and equipment that can improve the productivity of the workers.1.3 The following concepts can be discussed in the case study to substantiate your answer:a) Legitimate Power - It is the power given to an individual due to his position in the organization. The managing director and financial director have legitimate power in Dellipo Constructions. An example of this is when the managing director makes decisions regarding the expansion of the company, and the employees follow his orders without questioning him.b) Chain of Command - It is the order of authority in an organization. The site manager and project manager have a chain of command to follow in Dellipo Constructions. An example of this is when a site manager has to report to the project manager, who, in turn, reports to the managing director.c) Span of Control - It is the number of employees that a manager can control effectively. The supervisor has a limited span of control, while the managing director has a wide span of control. An example of this is when the supervisor can control the work of only ten workers, while the managing director can control the work of a hundred employees.

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1. Why you should study marketing? What are the benefits for
you?
2. Marketing can be defined in many ways. In your own words, describe
marketing to someone who has not read this chapter.

Answers

Marketing is a field that is in high demand, and it offers many opportunities for those who are interested in pursuing a career in the industry.

1)Studying marketing can provide you with a range of skills and knowledge that can be applied in various industries and career paths.Some of the benefits of studying marketing include developing communication skills, learning how to analyze data and research, understanding consumer behavior, and gaining experience with various marketing strategies and techniques. Additionally, marketing is a field that is constantly evolving, so studying marketing can help you stay up-to-date with current trends and developments in the industry.In terms of career opportunities, studying marketing can prepare you for a wide range of roles such as marketing manager, public relations specialist, advertising executive, market research analyst, and more.

2. Marketing can be defined in many ways. In your own words, describe marketing to someone who has not read this chapter.Marketing is the process of creating, delivering, and promoting goods and services to consumers in order to satisfy their needs and wants. It involves a range of activities such as market research, advertising, product development, pricing, and distribution. The goal of marketing is to create value for both the business and the consumer by understanding and meeting the needs of the target market.Marketing is an essential function of any business as it helps to build brand awareness, attract new customers, and retain existing ones. It requires a deep understanding of consumer behavior, market trends, and industry developments in order to create effective marketing strategies and tactics. Overall, marketing plays a critical role in the success of businesses and the satisfaction of consumers.

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Manny Flowers is in his 12th year as mayor of a small but growing city. Over the course of the past 12 years the city has prospered under the guidance of Mayor Flowers. With the growth of the city has come an increase in tax revenue that has allowed the city to add additional staff both hourly and managerial. One of the positions hired was an HR specialist (you) to help with personnel and organizational behavior problems.

He has asked you to help with what he feels is a problem of employee morale in the operations division. Willie Keepum, Parks Director, has complained to Manny that most of his (21) workers have bad attitudes and don't seem to want to work. He says he's prepared to fire them all if they don't shape up. Willie has informed Manny of his intentions, and believes he needs to "clean house" to show them who's boss. Besides, he thinks a lot of them have become complacent and don't care about producing quality work for the public. Willie also pays little attention to the mid-level supervisors' opinions stating that, "I'm ultimately responsible, so I'll make the decisions."

Mayor Flowers knows that Willie can be heavy-handed in his management style and that Willie believes workers come to work either motivated or not. Willie has told him "there's nothing you can do to make them work if they don't want to." Knowing everything about city politics but not so much about people, Manny isn't sure whether it's the workers or Willie that's creating the problem. He wants to know that if it is Willie, can he be changed? Or is it hopeless? He wants you to tell him if you think Willie or the workers should go. If you think neither should, then how does he solve the problem? This issue is becoming a major headache for the Mayor. Therefore, Manny asks you to analyze the situation using your knowledge of leadership theories, and recommend to him possible solutions so he can decide what to do.

Decide if either the workers or Willie should go

Answers

Based on the given information, it is important to assess the situation carefully before making a decision about whether the workers or Willie should go. Here are a few key points to consider:

1. Leadership Style: Willie's heavy-handed management style, where he believes workers are either motivated or not, may be contributing to the low morale and negative attitudes among the workers. This suggests that the issue could be more related to Willie's leadership approach rather than the workers themselves.

2. Employee Engagement: It is crucial to evaluate the level of employee engagement and the factors that might be affecting it. Low morale and lack of motivation could be a result of poor communication, inadequate recognition, limited growth opportunities, or ineffective work processes. These issues should be thoroughly investigated to understand the underlying causes.

3. Solutions: Rather than immediately dismissing workers or firing them, a more constructive approach would be to address the leadership and organizational issues. Implementing strategies such as improving communication channels, providing training and development opportunities, enhancing employee recognition programs, and fostering a positive work environment can help boost morale and increase employee engagement.

The focus should be on improving leadership practices, addressing organizational issues, and creating a supportive work culture rather than solely blaming the workers or considering the removal of Willie. A comprehensive assessment and implementation of appropriate solutions can help resolve the problem and create a more positive and productive work environment.

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suppose+that+fc’s+supplier+requires+a+minimum+order+size+of+500+bags.+find+the+reorder+level+that+fc+should+use+to+satisfy+99%+of+customer’s+demands.

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Suppose that the demand for a product follows a normal distribution with a mean of 1000 bags and a standard deviation of 100 bags. We need to find the reorder level that fc should use to satisfy 99% of customers' demands. The reorder point (ROP) is defined as the level of inventory at which a new order should be placed to avoid running out of stock.

Suppose we want to satisfy 99% of customer's demands, then the service level would be 99% or 0.99. In other words, the probability of not stocking out (or the probability of meeting demand) is 99%. Since demand follows a normal distribution, we can find the z-score using the standard normal distribution table (also called the z-table or standard normal table) or by using a calculator.

Using the z-table, we can find that the z-score corresponding to a service level of 0.99 is 2.33 (rounded off to two decimal places). Therefore, the reorder point can be calculated as:

Reorder point = mean demand + z-score * standard deviation

= 1000 + 2.33 * 100= 1000 + 233= 1233 bags.

Therefore, fc should use a reorder level of 1233 bags to satisfy 99% of customers' demands.

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If you were to pick only_________ requirements to get very good quality data, which ones would you choose? And Why?

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If I had to pick only a few requirements to get very good quality data, I would choose the following requirements: Accuracy:

The information must be accurate. Inaccurate data might result in incorrect findings that would damage the reputation of the organization .Credibility: The source must be trustworthy. Unreliable sources should be avoided.Timeliness: Data should be up-to-date. If the data is too old, it might be irrelevant to the research. If it is not updated frequently enough, the research may become inaccurate.Sufficiency: The information should be sufficient for the intended use. Insufficient data would result in an incomplete picture. The data must be sufficient for the intended research objectivity: The data must be free of any bias. A bias may exist if there is an inherent preference for one outcome or answer over another. This bias might lead to a distorted outcome, which is unacceptable in research. It is critical to eliminate any bias from the study.

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More info Nov. 1 Nov. 20 Dec. 31 Dec. 31 n Made sales of $49,000. McGinn estimates that warranty expense is 4% of sales. (Record only the warranty expense.) Paid $200 to satisfy warranty claims. Estim

Answers

The warranty expense for the given period is $1,960. This payment is considered an actual expense incurred to honor warranty obligations and is not part of the estimated warranty expense.

Based on the additional information provided, let's calculate the warranty expense for the given period.

Sales made on Nov. 1: $49,000

Warranty expense (4% of sales) = $49,000 * 0.04 = $1,960

Since the warranty expense is estimated to be 4% of sales, the calculated amount for Nov. 1 represents the estimated warranty expense.

On Nov. 20, $200 was paid to satisfy warranty claims. This payment is considered an actual expense incurred to honor warranty obligations and is not part of the estimated warranty expense. Therefore, we do not include it in the warranty expense calculation.

Estimating the warranty expense is based on an estimate of future warranty claims arising from the sales made. The payment of $200 to satisfy warranty claims on Nov. 20 is a result of actual warranty claims that have been made and is a separate expense from the estimated warranty expense.

Hence, the warranty expense for the given period is $1,960.

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