If the selling price is $21.70/unit, the margin per unit is closest to $57.90/unit.
Selling Price Formula: Selling Price = Cost Profit. Cost is the price the seller paid for the product. Profit margin is a percentage of expenses. The selling price is the first tag the seller puts on the product, and the purchase price is the price at which the product is finally sold.
The selling price helps customers decide what products they can buy. The purpose of a sales-based pricing goal is to increase your total sales revenue. There are two ways businesses can do this. One way is to set a lower price to increase sales. A sale is any transaction in which money is exchanged for goods or services. During a sale negotiation, the seller tries to convince the buyer or "sell" the advantage of the offer.
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What is the ebusiness tool that can increase marketing reach and build customer loyalty through audio broadcasting?
Podcasting is an E-business tool that can increase marketing reach and build customer loyalty through audio broadcasting.
Podcasting is the preparation and distribution of audio files using RSS feeds to the computers of registered users. These files can then be uploaded to streaming services, which users can listen to on their smartphones or on digital media and music players, such as iPods.
This is when the podcast promotes sponsors during the show. You can hear your favorite shows connect with their advertisers over and over during each episode. The amount you earn from sponsors depends on the number of downloads your episodes earn.
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Which businesses would be considered a small business? Check all that apply.
A small business is an independently run enterprise with less than 500 employees that does not dominate its industry.
Care for the sick and virtual medicine.
Services for lodging and feeding.
Entertainment, crafts, and the arts.
Private instructors (online)
Website development and web design.
Local auto repairs
Used-goods (online) retailers.
pet services
Small businesses are characterized as privately held corporations, partnerships, or sole proprietorships with fewer employees and lower yearly income than corporations or regular-sized businesses. The concept of "small"—in terms of being eligible for government assistance and special tax treatment—varies by nation and sector. A small business is defined by the U.S. Small Business Administration in accordance with a set of criteria depending on particular industry. Even though they can frequently apply the same quality management systems as larger firms, small enterprises may run across various obstacles along the route. For instance, small businesses may have less upfront funding and human resources to invest in quality projects. the availability and dedication of senior management,
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A borrower has a 20-year mortgage loan for $351,483 with an interest rate of 8 nd monthly payments. if she wants to pay off the loan after 7 years, what would be the outstanding balance on the loan?
A borrower has a $351,483 home debt with 20 years left on it and monthly installments of 8. The loan has an unpaid balance of $174,961.5609.
Here is the Solution:
First, let's find the monthly payment.
Monthly interest rate =[tex](1 + 0.06)^{(1/12)} - 1 = 0.486755057%[/tex]
I/Y = 0.486755057
N = 30 [tex]\times[/tex] 12 = 360 payments
PV = 200,000
FV = 0
Find PMT to get $1,178.740834
Number of payments left after 8 years = (30 - 8)[tex]\times[/tex]12 = 264
Compute the PV to get the loan outstanding after 8 years with
N = 264
I/Y = 0.486755057
PMT = -1,178.740834
FV = 0
Find PV to get $174,961.5609
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He new fund had average daily assets of $4.5 billion last year. the fund sold $600 million worth of stock and purchased $650 million during the year. what was its turnover ratio?
The inventory turnover ratio calculates how frequently inventory is sold and replaced during a specific time frame. Cost of Goods Sold divided by Average Inventory is the inventory turnover ratio.
Asset Turnover = Total Sales ÷ Beginning Assets + Ending Assets ÷ 2
Inventory Turnover = COGS / [ (BI + EI) / 2 ]
= 600.00 / [ ( 4.50 + 650.00) / 2 ]
= 1.83
Inventory Turnover (IT) = 1.83 times
Days in Inventory = DIY / IT
= 365.00 / 1.83
= 199.45
Days in Inventory (DII) = 199.45 days
The number of times inventory is sold or used over a given time frame, like a year, is referred to as the inventory turnover in accounting. It is calculated to determine whether a company has an excessive amount of inventory in relation to its level of sales.
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The most common type of work-related presentation asking you how to increase sales or communicate policy or information is:________
The most common type of work-related presentation asking you how to increase sales or communicate policy or information is a Report.
What is the most common type of presentation?Informative Presentations is the most common type of presentation, which is an educational setting or business or corporate setting. The objective of an informative presentation is to provide detailed information about a product, concept, or idea to a specific kind of audience.
What is presentation and its types?A presentation is a process to conveys information from a speaker to an audience. Presentations are basically demonstrations, introduction, lecture, or speech meant to inform, persuade, inspire, motivate, build goodwill, or built a new idea/product.
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Writing an activity log, nutritional log, or a stress log is a smart way to detect patterns to develop your personalized plan?
A Stress Log is a smart way to detect patterns to develop your personalized plan.
By tracking your progress, you can stay on course, meet deadlines, and feel a sense of accomplishment that will support the fulfillment of your ultimate objective. Being healthy in body, mind, and spirit, rather than just the absence of illness or disability, is what is meant. The immediate advantages of changing one's conduct can be powerful motivators.
An effective method for measuring progress is documenting it. Consider recording your overall goals, tasks, milestones, and deadlines. Then you can use a calendar or a planner to help you track your progress by checking off tasks as you complete them and milestones as you achieve them.
There are two accepted methods of tracking progress. The first is to set proximal goals and distal goals. Proximal goals are short-term goals or subgoals, whereas distal goals are long-term or primary goals.
A Stress Log is a smart way to detect patterns to develop your personalized plan.
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Question in 2017, the ceo of netflix hired you as a strategic consultant to investigate music sales. what would you include as part of your vrio analysis for netflix?
In 2017, the CEO of Netflix hired you as a strategic consultant to investigate music sales. I would include the following as a part of the VRIO analysis for Netflix. Since the brand is well-known, it may be used to capture a share of the streaming music industry.
The VRIO framework is a technique for analyzing a company's internal resources and skills to determine whether they may be a source of sustained competitive advantage.
VRIO is an abbreviation for value, rarity, imitation, and organization.
The framework's first question is whether a resource offers value by allowing a corporation to capitalize on opportunities or defend against risks. If the answer is yes, the resource is valuable.Rare resources can only be obtained by a single or a few firms. Rare and precious resources give a competitive advantage in the near term. Competitive parity, on the other hand, happens when numerous firms have the same resource or use the capability in the same way.If other organizations that do not have it cannot imitate, buy, or substitute it at a fair price, it is costly to imitate. Imitation can take two forms: directly mimicking (duplicating) the resource or delivering a comparable product/service (substituting).If a corporation is not organized to capture the value from its resources, it will not benefit from them. A corporation must establish its management systems, processes, policies, organizational structure, and culture to fully use the potential of its valuable, uncommon, and costly to imitate resources and capabilities. Only then will the corporations be able to maintain their competitive advantage.Hence, the answer is to capture a share of the streaming music industry using the brand name.
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If the exchange rate in moscow on the russian ruble (rub) was , instead of , what would be the usd price?
If the exchange rate in Moscow on the Russian ruble was USD 0.0452/RUB then the USD price would be the cost in local currency i.e. RUB 2,451.24 times the exchange rate is USD 110.80.
What is USD Price:
The USD, or the U.S. Dollar, has been the primary reserve and most traded currency in the forex market. The U.S. dollar is also famously known as a buck, green, dough, scrillas etc. It is the official currency of the U.S. (United States of America). Currency value is determined by aggregate supply and demand. Supply and demand are influenced by a number of factors, including interest rates, inflation, capital flow, and money supply. The most common method to value currency is through exchange.
What is Exchange Rate:
Exchange rate, the price of a country's money in relation to another country's money. An exchange rate is “fixed” when countries use gold or another agreed-upon standard, and each currency is worth a specific measure of the metal or other standard.
Exchange Rate = Money in After Exchange / Money Before Exchange
Now,
2,451.24 x 0.0452 = USD 110.80 .
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Mario has gross biweekly earnings of $784.21. by claiming 1 more withholding allowance, mario would have $13 more in his take home pay. how many withholding allowances does mario currently claim? a. 3 b. 4 c. 5 d. 6 please select the best answer from the choices provided a b c d
Mario has gross biweekly earnings of $784.21. by claiming 1 more withholding allowance, mario would have $13 more in his take home pay. how many withholding allowances does mario currently claim 4.
Net pay is the amount you get after taxes and therefore the deductions that are withheld during your pay period. By placing a “0” on line 4, you're indicating that you simply want the foremost amount of tax taken out of your pay each pay period.
If you would like to assert 1 for yourself instead, then less tax is taken out of your pay each home pay period. Federal revenue enhancement withholding was calculated by: Multiplying taxable gross wages by the amount of pay periods p.a. to compute your annual wage.
Subtracting the worth of allowances allowed (for 2017, this is $4,050 multiplied by withholding allowances pay claimed). For hourly employees, gross wages are often calculated by multiplying the amount of hours worked by the employee's hourly wage.
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Which principle has the strongest application in the valuation of income producing properties?
The anticipation principle has the strongest application in the valuation of income-producing properties.
The anticipation principle is a way utilized by an appraiser in which the appraiser makes use of the earnings technique to decide the cost of a property. The appraiser will estimate the prevailing really well worth of destiny advantages for the property.
The anticipation principle says that cost is created via way of means of the expectancy that sure advantages might be found out withinside the destiny. Value can boom or lower in anticipation of a few destiny gains or detriments affecting the property.An anticipation pose or drawing is training for the principle motion of a lively scene, as awesome from the motion and the reaction.
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The difference between budgeted sales revenue and break-even sales revenue is the?
The difference between budgeted sales revenue and break-even sales revenue is the margin of safety.
A stock's intrinsic worth and market price are separated by a margin of safety. Added definition The margin of safety in break-even analysis refers to the amount that output or sales can drop before a firm hit its break-even point. margin of safety is a concept from the accounting discipline. The notion of margin of safety dictates that an investor only buys assets when their market price is substantially lower than their actual worth. In other words, the margin of safety is the differential when the market price of an asset is much lower than your estimate of its underlying worth. Buying assets when this discrepancy is present allows an investment to be made since investors may create a margin of safety in line with their own risk choices.
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A replacement computer will cost you $1,500, but save you $950 each year because of the faster processor. what is the payback period of the computer? group of answer choices
The payback period of the company was 0.63 years.
Given here, the replacement cost =$1500 and savings per year of replacement is $950.
Payback period can be calculated by the formula,
Payback period = Replacement cost/savings per year
Payback period = $1500/$950
= 0.63 years.
Thus, payback period was calculated and found to be 0.63years.
Payback period is commonly used by investors to calculate their returns. The payback period is the time required to recoup the cost of an investment or the amount of time required for an investor to break even.
Longer payback times are unfavourable, while shorter paybacks make investments more appealing. Payback period can be determined by dividing investment amount by the annual cash flow.
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If soybean oil drops $.10, what is the equity of the account when marked-to-market?
Mark-to-market or fair value accounting is accounting for the "fair value" of an asset or liability based on the current market price, or the price for similar assets and liabilities, or based on another objectively assessed "fair" value.
Equity can be calculated by subtracting liabilities from assets and can be applied to a single asset, such as real estate property, or to a business. For example, if someone owns a house worth $400,000 and owes $300,000 on the mortgage, the difference of $100,000 in equity.
Unrealized Profit due to $0.1 drop = Drop*Contract Size = 0.1*100 = $10
Marked to Market = Cash Deposit+Unrealized Profit = 10000+10 = $10010
Note: Initial or Maintenance Margin is NOT DEBITED from the account.
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Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year?.
$510,000. During May, $64,500 in raw materials (all direct materials) were drawn from inventory and used in production.
Companies within the white-collar sector of business, including law firms, accounting businesses, and personal investment companies, can utilize job order costing to manage individual labor costs client accounts. As an example, accounting firms can consider each individual client's employment.
Because overhead is usually driven by direct labor hours during a service company, direct labor hours are often used because of the allocation base. The method of recording overhead costs within the journal and job cost sheet is the same for both kinds of firms.
The basic flow of costs during a job-order system begins by recording the prices of fabric, labor, and manufacturing overhead. a. Direct material and direct labor costs are debited to the add Process account. Job order costing may be a costing method which is employed to work out the price of producing each product.
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A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. What is the opportunity cost of her typing the legal brief?.
A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. The opportunity cost of her typing the legal brief is $300, since that is the amount she could have made by arguing a case in a court.
What do you understand by opportunity cost?
Opportunity costs reflects the potential benefits that an individual, investor, or business might miss out on when choosing one alternative over another.
Because opportunity costs are unseen by definition, they can be easily overlooked. Understanding the potential missed opportunities when a business or individual chooses one investment over another allows for better decision making.
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The triangle of meaning consists of ____________, _____________, and _____________.
The triangle of meaning is a communication model that shows the connection between a thought, a symbol, and a referent while emphasizing the symbol's inverse relationship to the referent. The model explains how there can be numerous different referents for a single symbol, which can cause confusion.
Information sharing within and outside of a company is referred to as business communication. The way employees interact with one another and conduct business is crucial to a company's success.
Information sharing in the workplace and with external parties is referred to as business communication. To achieve organizational goals, management and employees must interact effectively in the workplace. Its goal is to enhance organizational procedures and lower errors.
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Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
FACTS are statements that can be relied on with a fair amount of certainty.
Why do you use the word statements?Sentences that express a fact, an idea, or an opinion are called statements.
Statements don't pose queries, issue requests, or issue directives. For instance, a statement would be "I like bananas because they have no bones." This particular sentence can only be true or false.
What are facts?A fact is defined as something that is true, has happened, or has been shown to be accurate. "The world is round" is an example of a fact. They articulate the most important issues and questions in a clear, concise manner. They gather data from a variety of sources, They come to well-justified conclusions and come up with solutions, They keep an open mind when it comes to how to approach and think through problems, and They are good communicators.To learn more facts, refer
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The firm has only $20 million to invest. what is the maximum npv that the company can obtain?
The firm has only $20 million to invest. What is the maximum NPV that the company can obtain?
A. 3.5
B. 4.0
C. 4.5
D. 5.0
E. 5.5
C. 4.5
NPV is the present value of the anticipated cash flows. the amount of money invested today
In contrast to other capital budgeting analysis methods, the NPV formula utilizes the time value of money; it discounts cash flow and examines profitability depending on the timing of when cash flow occurs. The discount rate used in the NPV method also accounts for the particular cost of capital for the company.
The NPV calculation inherently incorporates long-term exposure to risk because it discounts cash flow. Since these cash flows frequently have the greatest degree of uncertainty, the most distant estimates in the future are discounted most heavily.
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When leadership is defined as an influence process, it means that leadership ______.
When leadership is defined as an influence process, it means that leadership focused on achieving group goals.
Influencing others to follow you is leadership. Anyone who has the ability to persuade others to follow them is a leader. Leadership occurs not just among people who hold formally designated "leadership positions," but also at all levels of organizations and society. Varied people, cultures, and contexts have different definitions of what leadership is. But the role is always complex.
Exactly why is leadership crucial?
All businesses require effective leadership. Organizations that are well-led are typically more productive, competitive, and change-responsive. Their staff members are more engaged and driven because they have a clearer understanding of where they are going and why. Success in producing leaders tends to increase an organization's long-term profitability.
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The hard sell or aggressive persuasion designed to separate consumers from their cash emerged during the.
The advertising or aggressive persuasion designed to separate consumers from their cash rise during the -----production era
What is the production era of business?
Mass Production Era (1860s-1920s): The production era rise during the Industrial Revolution. Products were produced in large quantity and at a coffee cost. Typically businesses only manufacture one product at a time. Also during this era, businesses had the mindset of, “if produced, someone will buy” and thus gain profitability.
What are the 5 eras of business?
The history of yank business can be differentiated into five distinct eras: the Industrial Revolution, the Entrepreneurship Era, the assembly Era, the Marketing Era, and the Relationship Era.
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Performance appraisals are a high-performance work practice at netflix as employees receive raises that are tied to?
Performance appraisals are a high-performance work practice at Netflix as employees receive raises that are tied to hiring practices.
A performance appraisal also referred to as a performance assessment, performance evaluation, (career) improvement dialogue, or employee appraisal, sometimes shortened to "PA", is a periodic and systematic system wherein the process overall performance of a worker is documented and evaluated. performance value determinations are a part of career improvement and encompass everyday reviews of employee performance within businesses.
Overall performance appraisals are most often conducted by means of an employee's immediate manager or line supervisor. whilst drastically practiced, annual overall performance critiques have additionally been criticized as offering feedback too every now and then to be useful, and a few critics argue that performance opinions in well-known do greater harm than true.
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A functional structure is best suited when a single department has a:_______
a. dominant role.
b. surplus of resources.
c. dominant interest.
d. project sponsor.
A functional structure is best suited when a single department has a Dominant interest and a Dominant role.
A functional structure is a type of business structure that organizes a business into different divisions based on areas of expertise. These divisions act as functional units and are overseen by functional managers or department heads.
Functional structure is the structure that divides the main functions of a company into different groups, for example, the information technology (IT) department, the finance department, the marketing department, and the product division. export. Airtel is a leading telecommunication company in India.
A functional organization is a type of organizational structure that uses the principle of specialization based on function or role.
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Which statistical technique includes a group of experts discussing the forecast to predict employment?
The Delphi method includes a group of experts discussing the forecast to predict employment,
Employment is an agreement between an business enterprise and an worker that the worker will offer certain services. In go back, the worker is paid a earnings or hourly salary. even though employees can negotiate positive gadgets in an employment settlement, the phrases and situations are on the whole decided by the enterprise.
Employment is an monetary interest, wherein a person works below some other character. the individual that's being hired for any other man or woman or agency is known as as worker. An worker gets wages or salaries.
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Market supply is the summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period. True or false?.
Market supply is the summation of the quantities supplied by individuals, firms, states, or even nations at each price over a fixed time period. True
What is the market supply?
Consumer demand
The total quantity of a product that producers are willing and able to sell over a specific time period, such as one month, at various prices, is known as the market supply. A market supply curve, according to the industry, is the horizontal addition of the supply curves for every single firm. An industry's supply will migrate outward in response to the introduction of new companies, as well as in response to advancements in producer-accessible technology across the board.
The entire amount of an item or service that all producers are willing to offer within a specific time period at the current set of relative prices is known as the market supply. Unless otherwise specified, the term "Supply" must indicate Market Supply.
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What is the total cost for a basket of goods that includes 200 gallons of gas, 60 pizzas, 45 6-packs, and 3 textbooks?
The price of a selection of items that includes 200 gallons of gas, 60 pizzas, 45 6-packs, and 3 textbooks. $1139 in the initial year
$1991 last year
Imperial units and US customary units both use the gallon as a unit of volume. The imperial gallon (imp gal), which is or was used in the United Kingdom, Ireland, Canada, Australia, New Zealand, and some Caribbean countries, is defined as 4.54609 litres. The US gallon (US gal), which is defined as 3.785411784 L[1] (231 cubic inches), is used in the US and some countries in Latin America and the Caribbean. The third version, known as the US dry gallon (usdrygal), is defined as 18 US bushel (exactly 4.40488377086 L). Two pints make up a quart, while four quarts make up a gallon. The variations in imperial and US gallons are accounted for by variations in pint sizes.
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The nurse is making initial rounds on the nursing unit to assess the condition of assigned clients. which assessment findings are consistent with infiltration?
The nurse is making initial rounds on the nursing unit to assess the condition of assigned clients. Pallor and coolness, Numbness and pain, Edema and blanched skin assessment finding are consistent with infiltration.
Water on the surface of the earth penetrates the soil through a process called infiltration. It is frequently employed in both soil science and hydrology. The highest rate of infiltration is referred to as the infiltration capability. Although it is most frequently assessed in meters per day, it can also, if necessary, be measured in other distance measurements over time. As soil surface layers become more damp, their potential for infiltration declines. Unless there is a physical barrier, runoff will often happen if the precipitation rate is higher than the infiltration rate.
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When trying to decide which college has the lowest cost of attendance, which is the most important for students to consider?
The most important thing that students must take into the consideration while deciding about the cost of attendance is net price.
What is Attendance?Attendance refers to the act of being present in a certain event, program or assembly every day. For instance, attendance in the meeting is compulsory for the members of the boards.
Net price refers to the amount which comes after deducing all kinds of the expenses from the product or service. When determining which institution offers the most affordable tuition, net price must be considered.
Therefore, it can be concluded that net price is an important consideration.
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Allocating and recording the cost of using property, plant & equipment over its useful life under ifrs is called?
Allocating and recording the cost of using property, plant & equipment over its useful life under IFRS is called depreciation.
Belongings is any object that someone or a business has criminal name over. belongings may be tangible objects, along with houses, automobiles, or appliances, or it can confer with intangible items that convey the promise of destiny worth, along with stock and bond certificate.
Corporeal property is seen and tangible, whereas incorporeal property is not. moreover, corporeal assets is the proper of ownership in material matters, whereas incorporeal assets is an incorporeal proper.
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What are some aspects of business that require knowledge of taxation? what are some aspects of personal finance that require knowledge of taxation?
Knowledge of taxation is crucial for every company owner since taxes are essentially a cash outflow. Knowing which costs are taxable and which are tax exempt is essential for sound financial management. It's a boon to the company's bottom line and helps cut expenses. A person who takes the time to learn about taxes will be more informed about the tax breaks he or she may take advantage of in their enterprise. As a result, learning about taxes is a must for everyone interested in corporate financing.
The government will demand taxes on a number of your company's operations. Your tax burden is the total amount of money that you owe to all levels of government in terms of income taxes. The government will utilize the funds raised via taxation for administrative costs and social welfare initiatives.
In this context, "business taxation" refers to the many forms of governmental taxation corporations and other business entities are obligated to pay as a necessary cost of doing business. No matter what business structure you operate under—sole proprietorship, partnership, limited liability company, or corporation—you must follow all applicable tax laws. The tax ramifications that arise from running various businesses are varied. Consider the tax and non-tax implications of several entity choices to determine which is best for your business's long-term success and ease of transfer to future generations.
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Suppose an economic boom causes incomes to increase and, at the same time, drives up wages for the sales representatives who work for cell phone companies. this will cause the:_________
Consider a scenario in which an economic boom raises earnings while also raising the pay of sales agents who work for mobile phone firms. The price of cell phones will increase as a result, but it is unknown how much will change in the equilibrium quantity, which will depend on whether the shift in supply is greater or lower than the movement in demand.
If a good is a typical good, then a rise in income will cause a economic boom rise in demand. Here, income is rising due to the economic growth, and as smartphones are considered to be standard goods, this gain in money will lead to an increase in demand, which will cause the demand for smartphones to move to the right.
Additionally, it is assumed that the wages of employees at smart phone companies will economic boom rise. Since these employees are a factor in the production of smart phones, the rise in the cost of this factor of production (i.e., wages) will lead to a decrease in supply because the total cost and marginal cost will rise. As a result, they will supply less than before at all price levels, which will cause supply to fall and shift to the left.
Hence Demand for smartphones rises and shifts to the right, while supply of economic boom rises and shifts to the left. This will cause the equilibrium price to rise, and the equilibrium price will follow.
Equilibrium quantity will rise if rightward shift in demand curve is greater than leftward shift in supply curve, fall if rightward shift in demand curve is smaller than leftward shift in supply curve, and remain unchanged if rightward shift in demand curve is equal to leftward shift in supply economic boom curve.
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