The type of product digital fitness subscriptions are is convenience products.Convenience products are products that are frequently purchased and are easily accessible to consumers.
They are generally low-priced and are bought with very little effort by consumers as these products are essential for everyday living. Digital fitness subscriptions such as Apple Fitness+, Peloton, Daily Power, and Core Power are convenience products because they are easy to purchase online and accessible through the internet with a low-cost subscription fee.
Macy's and Sports Authority purchase goods from manufacturers for resale to the public. This type of distribution channel is called producer to retailer to consumer.
A producer is a person or company that makes goods and services available to the public. Retailers purchase products from the producers and sell them to the consumers through their shops, stores, or outlets. The consumers can purchase the products in stores or online from the retailers.
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An auto parts store ABC Auto Inc makes annual sales for variety of parts. Spread sheet would provide the following data 1. Part Number 2. Part Name 3. Monthly sale quantity 4. Monthly Sale Price 5. Quarterly Sales income 6. Yearly Sales income 7. Keep quarterly Sum as sub total 8. Calculate grand total of whole year 9. Find Average Sale of the Year using Average function 10. Count Sale Value entries using Count function 11. Find Max and Min Value by using function 12. Create Bar Chat of Monthly Sale 13. Apply auto fill feature to conduct calculations 14. Take screen shot of your work showing your name and student number on each screen shot and save it in a Word file along with your excel file. 15. Use suitable background color for Headings and subheadings.
The instructions involve various tasks in creating and analyzing sales data in an auto parts store using spreadsheet software, including data entry, calculations, functions, visualization, formatting, and documentation.
The given instructions outline a set of tasks to be performed using spreadsheet software, such as Microsoft Excel. The tasks involve entering data related to part numbers, names, monthly sale quantities, and monthly sale prices, and calculating quarterly and yearly sales incomes. Subtotals for each quarter and a grand total for the entire year are to be calculated. The average sale for the year, the count of sale value entries, and maximum and minimum values are to be determined using appropriate functions. A bar chart representing monthly sales is to be created for visualization. The auto-fill feature is to be utilized to automate calculations. Screenshots of the work, including the student's name and student number, are to be taken and saved in a Word file along with the Excel file. Suitable background colors are to be applied to headings and subheadings for better visual organization.
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Which type of individual in an exerts influence in a typical purchasing derision?
1. gatekeeper
2. user
Oppavocate
4. decision maker
5. all of the above
In a typical purchasing decision, several types of individuals can exert influence. These include gatekeepers, users, advocates, and decision makers. Therefore, the correct answer to your question would be - 5. All of the above.
Gatekeepers are individuals who control access to information or resources relevant to the purchase.
Users are the people who will ultimately use the product or service, and their preferences and needs can significantly impact the decision.
Advocates are individuals who actively support and promote a particular product or brand, often influencing others in their purchasing choices.
Decision makers, on the other hand, have the authority to make the final decision regarding the purchase.
Thus, all of these individuals can play a role in influencing a typical purchasing decision.
Therefore, the correct answer to your question would be 5. All of the above. Each of these individuals can have a distinct influence on the purchasing decision, and their perspectives and involvement are crucial in shaping the outcome.
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Briefly explain what is meant by ‘elastic demand’ and ‘inelastic demand’. Provide an example for each.
Elastic demand and inelastic demand are two economic concepts that determine how a change in the price of a product affects the quantity of the product demanded by customers. Inelastic demand refers to a situation where changes in price have little impact on the demand for a product
Elastic demand refers to a situation where the demand for a product is highly sensitive to changes in price.
A small change in price can lead to a significant change in the quantity of the product demanded. Elastic demand can occur when a product has many substitutes or when it is a luxury item that can be delayed or avoided.For example, if the price of a particular brand of smartphone increases, consumers may choose to purchase a cheaper smartphone from another brand. Similarly, if the price of a luxury car increases, people may decide to postpone buying it, which would result in a decline in the demand for it.Inelastic demand refers to a situation where the demand for a product is not significantly affected by changes in price.
This situation typically arises when there are few or no substitutes available for the product. For example, if the price of insulin, which is essential for people with diabetes, increases, people with diabetes will continue to purchase it regardless of the price, since they require it to manage their health.Know more about the Elastic demand
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____ costs occur after the customer has received a poor quality product A) external failure costs. B) opportunity costs. C) sunk costs. D) contingent liabilities.
A) External failure costs. External failure costs are a result of quality problems and are typically considered undesirable for businesses, as they can lead to financial losses and customer dissatisfaction.
External failure costs occur after the customer has received a poor quality product. These costs are incurred due to product defects or failures that are identified by the customer after the purchase. Examples of external failure costs include customer complaints, product returns or replacements, warranty claims, and damage to the company's reputation. These costs can include expenses related to resolving customer issues, conducting investigations, repairing or replacing products, and addressing any legal or regulatory consequences.
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Within which of the following columns of the worksheet would no balance be displayed for the Merchandise Inventory account? Multiple Choice Trial Balance Debit column Adjustments Dobit column Adjusted Trial Balance Debit column Income Statement Debit column
In the worksheet, the balance of the Merchandise Inventory account would not be displayed in the Income Statement Debit column.The Merchandise Inventory account represents the value of goods held by a company for sale.
The purpose of a worksheet is to assist in preparing financial statements. It contains various columns to record different types of transactions and adjustments. In the worksheet, the Trial Balance Debit column displays the balances from the general ledger accounts before any adjustments are made. The Merchandise Inventory account represents the value of goods held by a company for sale.The Adjustments Debit column is used to record adjustments made to the accounts to ensure accuracy in the financial statements.
The Adjusted Trial Balance Debit column is the result after adjustments have been made and reflects the updated balances of all accounts. This column is used to prepare the financial statements. However, the Income Statement Debit column is not used to display the balance of the Merchandise Inventory account. Instead, it is used to record expenses and losses related to the income statement.Therefore, no balance for the Merchandise Inventory account would be displayed in the Income Statement Debit column of the worksheet.
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The following lists of place details are jumbled. Read through them, and then number the details using the spatial arrangement given in parentheses, with 1 as the first detail in a paragraph and 6 as the last.
Topic sentence: First Watch on a busy Sunday morning is a study in efficiency. (Arrange details from front to back.)
_____ Outside the restaurant a host is taking names for seating.
_____ At the far end of the line, I can see the cooks efficiently cranking out the food.
_____ In the lobby, coffee and tea are set for waiting customers.
_____ At the front desk a manager greets people while checks are being processed in an orderly way.
_____ Bussers clear, wipe, and reset tables quickly.
_____ Behind the food line I can hear the dishwashers hard at work.
2. Topic sentence: The poolroom grew quiet, and time seemed to slow as everyone around the table concentrated on the last shot of the game. (Arrange details from bottom to top.)
_____ The TVs on the walls seemed to blur out, and the sound became just so much white noise.
_____ Overhead, the blades of the ceiling fans were frozen in place.
_____ People stopped shuffling their feet.
_____ Lucky Ed was draped over his cue-- the stick, cue ball, and eight ball his whole universe.
_____ As Ed’s right hand drew the cue back, the crowd leaned forward in anticipation.
_____ Bottles of Budweiser were dangling at their sides-- no one dared to move before the shot.
3. Topic sentence: Monastery Beach on a hot July afternoon is full of activity. (Arrange details from distant to closer as you stand in the parking lot at the edge of the beach.)
_____ Scuba divers are putting their fins on at the edge of the surf.
_____ In the middle of the beach, a handful of giggling kids tries to get a kite up into the air.
_____ In the distance a fishing boat loaded with tourists chugs along.
_____ Forty yards out from shore a sea otter floats on his back in the kelp, banging away at an abalone he has wrenched from the ocean floor.
_____ Waves pick up height 10 yards from the beach as they curl and break over the few brave swimmers.
_____ Where the beach meets the parking lot, seagulls cluster around trash cans, squabbling among themselves for scraps.
Here are the details arranged in the given order:
1. Topic sentence: First Watch on a busy Sunday morning is a study in efficiency. (Arrange details from front to back.)
1. Outside the restaurant a host is taking names for seating.
2. In the lobby, coffee and tea are set for waiting customers.
3. At the front desk a manager greets people while checks are being processed in an orderly way.
4. At the far end of the line, I can see the cooks efficiently cranking out the food.
5. Bussers clear, wipe, and reset tables quickly.
6. Behind the food line, I can hear the dishwashers hard at work.
2. Topic sentence: The poolroom grew quiet, and time seemed to slow as everyone around the table concentrated on the last shot of the game. (Arrange details from bottom to top.)
1. Bottles of Budweiser were dangling at their sides-- no one dared to move before the shot.
2. Lucky Ed was draped over his cue-- the stick, cue ball, and eight ball his whole universe.
3. As Ed’s right hand drew the cue back, the crowd leaned forward in anticipation.
4. People stopped shuffling their feet.
5. Overhead, the blades of the ceiling fans were frozen in place.
6. The TVs on the walls seemed to blur out, and the sound became just so much white noise.
3. Topic sentence: Monastery Beach on a hot July afternoon is full of activity. (Arrange details from distant to closer as you stand in the parking lot at the edge of the beach.)
1. In the distance, a fishing boat loaded with tourists chugs along.
2. Forty yards out from shore a sea otter floats on his back in the kelp, banging away at an abalone he has wrenched from the ocean floor.
3. Waves pick up height 10 yards from the beach as they curl and break over the few brave swimmers.
4. In the middle of the beach, a handful of giggling kids tries to get a kite up into the air.
5. Scuba divers are putting their fins on at the edge of the surf.
6. Where the beach meets the parking lot, seagulls cluster around trash cans, squabbling among themselves for scraps.
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Is competing by keeping prices low and cutting costs always the
right strategy? Why or why not?
The strategy of competing by keeping prices low and cutting costs is not always the right strategy. While this strategy can increase market share and reduce competition, there are several drawbacks to this approach.
Secondly, this strategy can result in reduced profitability. If a company continually reduces prices to stay competitive, it may not be able to cover its costs or make a profit. This can result in financial difficulties or even bankruptcy.Finally, this strategy can lead to a race to the bottom in terms of pricing. If all competitors in a market adopt this strategy, prices will continue to fall until they reach unsustainable levels.
This can result in an industry-wide collapse, as competitors are unable to cover their costs or make a profit.Overall, while competing by keeping prices low and cutting costs can be effective in the short-term, it is not always the right strategy. A more balanced approach that takes into account product quality, customer service, and profitability is often a better long-term strategy.
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Analyse the possible risks of innovation in Adidas
Innovation is a critical aspect of Adidas' business strategy as it enables the company to stay competitive, meet evolving consumer demands, and drive growth. However, innovation also entails certain risks that Adidas needs to be aware of and manage effectively.
Market Acceptance Risk: Introducing new innovative products or technologies involves the risk of market acceptance. Consumers may not embrace or adopt the new offerings as expected, resulting in lower sales and potential financial losses. It is crucial for Adidas to conduct thorough market research and ensure that there is a demand for the innovative products or technologies before investing significant resources.
Technological Obsolescence: The rapid pace of technological advancements poses a risk of innovation becoming quickly outdated. Adidas needs to continually monitor and adapt to emerging technologies to stay ahead of the competition and avoid the risk of its innovative solutions becoming obsolete. Failure to do so may result in a loss of market share and competitive disadvantage.
Supply Chain Disruptions: Introducing new materials, manufacturing processes, or technologies may disrupt the existing supply chain. Adidas relies on a global network of suppliers and manufacturers, and any changes or disruptions in the supply chain can lead to delays, quality issues, or increased costs. It is essential for Adidas to carefully manage the transition and ensure that the supply chain can support the innovation initiatives effectively.
Intellectual Property Infringement: Innovations often involve the development of new intellectual property, such as patents, trademarks, or copyrights. Adidas needs to protect its intellectual property rights to prevent unauthorized use or infringement by competitors. Failure to safeguard these rights can result in the loss of competitive advantage and potential legal battles.
Operational Challenges: Implementing new innovations may require changes in operations, processes, or infrastructure. This can pose challenges in terms of training employees, integrating new technologies, and ensuring smooth coordination across different departments. Adidas needs to have effective change management processes in place to minimize disruption and maximize the benefits of innovation.
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Determine which of the ratios provide the most key insights into Amazon's current level of performance. How can you assess whether the results of your calculations are positive or negative? Explain which of the ratios give you reason to be concerned with the organization's current strategy and why.
The ratios that provide the most key insights into Amazon's current level of performance are Gross Margin, Net Margin, and Return on Assets (ROA). Gross Margin is the percentage of sales that is available to cover the overheads and other costs of the company.
It shows how much profit is made on each dollar of sales. The higher the gross margin, the better it is for the company. Net Margin, on the other hand, is the percentage of sales that is left after all expenses have been paid. It indicates how efficient the company is at controlling costs. The higher the net margin, the better it is for the company. ROA, which is a profitability ratio, shows how effectively the company is using its assets to generate profits. The higher the ROA, the better it is for the company.
These ratios provide key insights into Amazon's current level of performance because they help to evaluate how efficient the company is at generating profits and managing its expenses. To assess whether the results of your calculations are positive or negative, you need to compare them to industry averages, competitors' results, and previous years' results. If the results are above the industry average or competitors' results and are better than previous years' results, then they are positive.
However, if the results are below the industry average or competitors' results and are worse than previous years' results, then they are negative. The ratios that give me reason to be concerned with Amazon's current strategy are Asset Turnover and Inventory Turnover. Asset Turnover measures how efficiently the company is using its assets to generate sales. If the Asset Turnover ratio is low, it means that the company is not generating enough sales from its assets. This could be an indication that the company needs to invest more in its operations or needs to find new ways to generate sales. Inventory Turnover measures how many times the company is turning over its inventory in a year. If the Inventory Turnover ratio is low, it means that the company is not selling its inventory fast enough. This could be an indication that the company needs to adjust its inventory levels or needs to find new ways to sell its inventory. These ratios give me reason to be concerned with Amazon's current strategy because they show that the company may not be using its assets and inventory efficiently to generate sales.
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help!!
Project C has the following cash flows: The NPV of the project at \( 50 \% \) discount rate is: \( \$ 4,500 \) zero \( \$ 2,000 \) \( \$ 5,000 \)
The NPV of the project at 50% discount rate with the given cash flows is: \$ 4,500.
What is NPV?Net Present Value (NPV) is the present value of the net cash flows generated by a project or investment, less the initial investment cost.
The NPV of a project is calculated by taking into account the time value of money, which means that a dollar earned in the future is worth less than a dollar earned today.
How to calculate NPV ? The formula for calculating the NPV of a project is:
NPV = (Cash Flow / (1 + r) ^ n)
Where, Cash Flow is the amount of cash generated in each period. r is the discount rate or the cost of capital.n is the period or the number of years.
How to interpret NPV? If the NPV of a project is positive, it indicates that the project is profitable and generates more cash than the cost of capital.
Conversely, if the NPV of a project is negative, it indicates that the project is unprofitable and generates less cash than the cost of capital.If the NPV of a project is zero, it indicates that the project generates exactly enough cash to cover the cost of capital.
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2 points) Recall that two significant disadvantages of participant ownership of B2B exchanges are that it creates barriers to entry for new players and niche players and that it raises myriad anti-trust issues. Give an example of an alternative to participant ownership. That is, who else might plausibly own the exchange
The concept of participant ownership has brought in many disadvantages, and this ownership type raises anti-trust issues, leading to entry barriers for niche players and new participants. Alternative ownership models, however, eliminate the identified limitations by placing ownership on other parties.
For instance, a public consortium of industry players could own the exchange. Such an arrangement removes ownership from private participants and, instead, makes the exchange a public good available to all players in the industry. Moreover, it eliminates the entry barrier for new players and niche players. This ownership model works because the parties that own the exchange are all public and have no special preference.
All members share power in decision-making concerning the exchange and have equal rights to benefit from the platform. The ownership model, therefore, promotes collaboration among industry players, fostering a conducive environment for the growth of small and medium-sized enterprises. Furthermore, the public consortium model also allows for regulations of the exchange, thereby eliminating issues related to anti-trust.
Thus, the public consortium model promotes healthy competition while ensuring that niche players and new entrants are not locked out of the market.
In conclusion, ownership of an exchange by a public consortium of industry players is a plausible alternative to participant ownership of B2B exchanges, creating a conducive environment for market growth and competition.
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new products take sales away from the firm's existing products rather than generating additional revenues. this is called
The phenomenon where new products take sales away from a firm's existing products instead of generating additional revenues is called cannibalization.
Cannibalization refers to the situation where the introduction of a new product leads to a decrease in sales of the firm's existing products, rather than increasing overall revenue. This occurs when customers switch their purchases from the existing products to the new ones, causing a decline in sales for the established offerings.When a company introduces a new product that directly competes with its own existing products, it can create cannibalization. This is often seen in industries such as technology, where new models or versions of products are released frequently. Customers may be attracted to the new features or improvements offered by the new product, causing them to shift their purchases away from the older products.
Cannibalization occurs when a company's new product takes sales away from its existing products instead of generating additional revenues. This phenomenon is often seen in industries where innovation and technological advancements are frequent, such as the technology sector.When a company introduces a new product that competes directly with its own existing products, it can lead to cannibalization. This happens when customers are attracted to the new features, improvements, or pricing offered by the new product, causing them to shift their purchases away from the older products.
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refer to the information provided above. what amount will erin have to invest to give her a one-fourth interest in the capital of the partnership if no goodwill or bonus is recorded?
$45,000, amount will Erin have to invest to give her a one-fourth interest in the capital of the partnership if no goodwill or bonus is recorded. Thus, option (c) is correct.
To divide the partnership's total capital into four equal portions. With Katy's capital at $40,000 and Jacob's capital at $140,000, the combined capital is $180,000.
$180,000 - ($140,000 + $40,000) = $180,000 - $180,000 = $0 represents the difference between the total capital and the sum of Jacob and Katy's capital.
Erin needs to contribute $45,000, or one-fourth of the partnership's entire capital, to give her a one-fourth interest in the capital.
Therefore, option (c) is correct.
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Your question is incomplete, but most probably the full question was.
In the JK partnership, Jacob's capital is $140,000, and Katy's is $40,000. They share income in a 3:2 ratio, respectively. They decide to admit Erin to the partnership. Each of the following questions is independent of the others.
Refer to the information provided above. What amount will Erin have to invest to give her a one-fourth interest in the capital of the partnership if no goodwill or bonus is recorded?
$50,000
$60,000
$45,000
$66,000
which one of the following statements is false? sells bonds to obtain financing managed funds have higher fees than index funds.
The statement that is true is: b. managed funds have higher fees than index funds.
What is funds?In fact managed funds frequently charge more in fees than index funds. Managed funds are actively managed by fund managers who select and modify investments based on their knowledge and skills in an effort to outperform the market.
Higher fees which pay for the costs of research, analysis and management, are frequently the outcome of the active management and research involved in managed funds.
Therefore the correct option is b.
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related to the topic of demand and supply
the article takes about gas prices are finally dropping
: Explain the impact of 1 factor that may cause a shift in demand and 1
factor that may cause a shift in Supply (use graphs and words)
If the cost of petrol drops, people's interest in purchasing cars that consume more petrol rises. This results in an increase in demand. In response to an increase in production, an increase in supply is usually observed.
When the price of gasoline drops, people tend to buy cars that consume more gasoline, resulting in an increase in demand. As a result, demand for gasoline would increase if the price of gasoline dropped.Supply would typically rise as a result of increased production.
When the cost of gasoline rises, producers increase production to meet the demand and profit from the higher prices. The supply curve moves to the right as a result of this.
When gasoline prices drop, people are more likely to buy cars that consume more gasoline, increasing demand. For example, if the price of gasoline falls, a family may decide to buy a more massive SUV rather than a smaller vehicle since they will be able to afford more gasoline with the money saved from the cheaper gasoline.
As a result, the demand for gasoline would rise if the price of gasoline fell. In addition, Supply would typically rise as a result of increased production.When the cost of gasoline rises, producers increase production to meet the demand and profit from the higher prices.
The supply curve moves to the right as a result of this. When the cost of gasoline falls, producers may choose to reduce production to prevent oversupplying the market and lowering prices even further. Alternatively, producers may choose to delay production until the price of gasoline rises again.
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Metal Products Ltd has two divisions: Pressings and Cans. Pressings produces pressed metal work for industrial and engineering work, while Cans produces cans for the paint and oil industries. The following data relate to the year ended 31 December 2021: Divisional managers (DMs) are given authority to spend up to N$30000 each on capital items, as long as total spending remains within an amount provided for small projects in the annual budget. Projects that are larger, as well as sales of assets with book values in excess of N$30 000 , must be submitted to central management (CM). All day-to-day operations are delegated to DMs, whose performance is monitored with the aid of budgets and reports. The basis for appraising DM performance is currently under review. At present, divisions are treated as investment centres for DM performance appraisal, but there is disagreement as to whether return on capital employed or residual income is the better measure. The cost of capital of Metal Products Ltd is 15% per annum. Page 14 of 16 FACULTY OF COMMERCE, MANAGEMENT AND LAW
Capital budgeting refers to the process of planning and controlling capital expenditures, where capital expenditure refers to the acquisition of fixed assets such as machinery, equipment, and land.
The objective of capital budgeting is to decide whether to invest in long-term projects or assets that will generate cash inflows exceeding cash outflows over the asset's life. The following are some of the methods used in capital budgeting:
Net present value method (NPV)The internal rate of return method (IRR)The payback period method (PP)Accounting rate of return (ARR)Residual income (RI)Return on investment (ROI)Divisions are typically evaluated using return on investment (ROI) as a performance metric, although residual income (RI) is often preferred.
Because RI considers the cost of capital, it is generally thought to be a better method for evaluating divisions. The cost of capital of Metal Products Ltd is 15% per annum.Divisions are expected to be run as investment centres, and their performance is monitored through budgets and reports.
DMs are authorized to spend up to N$30000 on capital items, as long as total spending is within a certain amount specified in the annual budget. Large projects, as well as sales of assets with book values of more than N$30 000, must be submitted to central management. All day-to-day operations are handled by DMs.
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Your friend Amber has approached you seeking advice conceming two investment opportunities that she is presently considering Her classmate Simone has asked her for a loan of $515 to help establish a small business, her neighbor Riley would like to borrow $710 as a personal loan. One year from now, Amber's original investment will be returned in either case, along with $46 of income from Simone or $49 of income from Riley. Amber can make only one investment. Required: a. 1. Compute the ROL of Simone and Riley. 2. Which investment would you advise Amber to make? b. What other factors should you advise Amber to consider before making elther investment? Complete this question by entering your answers in the tabs below. Show less a Compute the ROI of Simone and fuley. Note: Round your answers to 2 decimal places.
Simone's investment has an approximate ROI of 8.93% and Riley's investment has an approximate ROI of 6.90%. Based on ROI alone, Simone's investment appears more favorable. However, other factors like credibility, feasibility, risk, and personal considerations should be thoroughly evaluated before making a decision.
To compute the ROI (Return on Investment) of Simone and Riley, we need to calculate the return as a percentage of the original investment.
For Simone:
Return = Income from Simone = $46
ROI (Simone) = (Return / Original Investment) * 100
ROI (Simone) = ($46 / $515) * 100
ROI (Simone) ≈ 8.93%
For Riley:
Return = Income from Riley = $49
ROI (Riley) = (Return / Original Investment) * 100
ROI (Riley) = ($49 / $710) * 100
ROI (Riley) ≈ 6.90%
To determine which investment to advise Amber to make, we compare the ROIs
Simone's ROI is approximately 8.93%.
Riley's ROI is approximately 6.90%.
Based solely on the ROI, Simone's investment appears to have a higher return.
However, other factors should be considered before making a decision, such as the credibility and repayment capacity of Simone and Riley, the nature and feasibility of their business or personal plans, any legal agreements or terms, and the level of risk involved.
Amber should also assess her own risk tolerance, financial goals, and any potential impacts on her relationship with Simone or Riley. Making an informed decision requires a comprehensive evaluation of all relevant factors beyond just the ROI.
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Sold Ginger Powder product to QQQ Supermarket RM4,000 by cash Sold Ginger Powder product to SAREnterprise RM3,000 by 60 days credit term Bought a printer of RM1,000, paid RM500, the balance of RM500 to be paid by next month Paid advertising expenses RM200 by cash Bought office fumiture RM 500 by cash Purchase raw material RM2,000 from EER supplier, paid by cheque Taken RM 800 cash for use of personal insurance. Purchase raw material RM 5,000 goods from GGA supplier for 30 days credit term. Paid advertising expense of RM 300 by cash. Mary, a customer bought goods amounted to RM 2,500 and paid through online banking. Sold Ginger Powder Product RM200 online paid Sold Ginger Powder Product RM500 online paid Sold Ginger Powder Product RM700 online paid Sold Ginger Powder Product RM200 online paid Purchase row material -RM3,000 by cash Bought an office equipment by cheque worth RM 6,000 for business use. Sold goods worth RM 10,000 to Natural Borneo Enterprise for 7 days credit term. Revenue from selling Ginger powder RM2,000 Sold Ginger Powder Product RM200 online paid
Previous question
Following is the complete summary of the business transactions that are mentioned in the given question: Selling Ginger Powder product to QQQ Supermarket RM4,000 by cash. Selling Ginger Powder product to SAR Enterprise RM3,000 by 60 days credit term.
Bought a printer of RM1,000, paid RM500, the balance of RM500 to be paid by next month. Paid advertising expenses RM200 by cash. Bought office furniture RM 500 by cash. Purchase raw material RM2,000 from EER supplier, paid by cheque.
Taken RM 800 cash for use of personal insurance. Purchase raw material RM 5,000 goods from GGA supplier for 30 days credit term. Paid advertising expense of RM 300 by cash. Mary, a customer bought goods amounted to RM 2,500 and paid through online banking.
Sold Ginger Powder Product RM200 online paid. Sold Ginger Powder Product RM500 online paid. Sold Ginger Powder Product RM700 online paid. Sold Ginger Powder Product RM200 online paid. Purchase raw material -RM3,000 by cash. Bought an office equipment by cheque worth RM 6,000 for business use.
Sold goods worth RM 10,000 to Natural Borneo Enterprise for 7 days credit term. Revenue from selling Ginger powder RM2,000.Sold Ginger Powder Product RM200 online paid.
Each of the above transactions has its unique treatment in accounting. A detailed description of each transaction can be given in more than 100 words and therefore, cannot be summarized here.
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video game company ubisoft is a _____ because it produces and distributes a specific type of cultural product for public consumption, in order to profit financially
video game company ubisoft is a commercial entity because it produces and distributes a specific type of cultural product for public consumption, in order to profit financially.
video game company Ubisoft is a "commercial entity" or "profit-oriented organization" because it engages in the production and distribution of video games, a form of cultural product, with the primary aim of financial gain. By developing and releasing video games, Ubisoft caters to the entertainment needs and desires of the public, offering interactive experiences that captivate players and provide enjoyment. However, at its core, Ubisoft operates as a commercial entity, driven by the pursuit of profit. The company invests significant resources in game development, marketing campaigns, and distribution channels to maximize sales and revenue. Its primary objective is to create commercially successful games that resonate with consumers and generate substantial financial returns. Ubisoft's business model centers around the creation, marketing, and sale of video games as a product, making it a prominent player in the competitive video game industry.
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Jolly Cleaners offers residential and commercial cleaning services. Clients pay a fixed monthly fee for the service, but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm includes two managers who handle the administrative tasks (human resources, accounting, and so on) and one dispatcher, who assigns the cleaning employees to jobs on a daily basis. On average, residential clients pay $350 per month for cleaning services and the commercial clients pay $1,400 per month. A typical residential client requires 15 hours a month for cleaning and a typical commercial client requires 60 hours a month. In March, Jolly Cleaners had 50 commercial clients and 150 residential clients. Cleaners are paid $12 per hour and are only paid for the hours actually wolked. Supplies and other variable costs are estimated to cost $4 per hour of cleaning. Other monthly costs (all fixed) are $35,000 SG&A, including managerial and dispatcher salaries, and $2,500 in other expenses. For July. Jolly Cleaners has budgeted profit of $8,700 based on 70 commercial clients. Required: How many residential clients are budgeted for July? Prepare a budgeted income statement for July to confirm your answer. Complete this question by entering your answers in the tabs below. How many residential clients are budgeted for July? Prepare a budgeted income statement for July to confirm your answer. (Round intermediate calculations to nearest whole number.)
The budgeted income statement for July shows a net profit of $32,100 based on 70 commercial clients and 200 residential clients.
We can start by figuring out the total number of cleaning hours that are available for both commercial and residential clients in order to get an idea of how many residential clients are allocated for July.
For business clients:
Total cleaning hours available = Total commercial clients * Hours needed each month for each business client
Cleaning hours offered equals 50 commercial clients multiplied by 60 hours per month for each client.
Total monthly cleaning time equals 3,000 hours.
Clients who are residents:
Hours needed for cleaning each residential client each month divided by the total number of residential clients
Total cleaning time = number of residential clients times 15 hours per month for each residential client
Based on business clients, we are aware that there will be 3,000 hours of cleaning time available in July. We can find X by rearranging the equation:
X residential consumers times 15 hours per month = 3,000 hours.
200 domestic clients divided by 15 hours per month per residential client X equals 3,000 hours per residential client.
As a result, 200 residential clients are planned for July.
Let's now create a budgeted income statement for July using the information provided:
Budgeted Income Statement for July at Jolly Cleaners.
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Security A and security B both provide semi anual payment of 89 over 5Year. the annual rate of return for both securities is 6.5%. both securities will provide the smae number of payments, but the payments for Security A occur atthe beginning of the month and the payment for Security B occur at the end of the month. What is the difference in the present value of these two sets of payment?
12.86 18.96 15.86 25.98 24.36
Your employer contributes 50 a week to your retirement plan. Assume that you work for your employer for another sixteen years and that the applicable discount rate is 6.5 %,compounded weekly. Givn these assumptions, what is this employee benefit worth to you today?
24135.99
25852.63
24218.04
25920.55
21574.68
Both securities are essentially similar, except for the timing of payments. In general, the sooner the payment is received, the more valuable it is, so the present value of Security A payments will be higher than Security B payments.
in order to find the difference in present value of these two sets of payments, we must subtract the present value of Security B payments from the present value of Security A payments.
The present value of employee benefit given that your employer contributes $50 a week for another 16 years and the applicable discount rate is 6.5%, compounded weekly is as follows:
PV = payment amount x present value factorn the employee benefit is worth $30,231.54 today.
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unique selling proposition of zerodha trading platform
The Unique Selling Proposition (USP) of Zerodha Trading Platform is the pricing structure. Zerodha is one of the largest discount brokers in India, with over 3 million registered users as of January 2021.
What is Zerodha Trading Platform?
Zerodha is an online discount brokerage firm based in India.
It was established in 2010 as a way to provide low-cost brokerage services to investors in India.
It has since grown to become one of the country's largest discount brokers, with over 3 million registered users as of January 2021.
What is a Unique Selling Proposition (USP)?
A Unique Selling Proposition (USP) is a marketing concept that distinguishes a product or service from its competitors.
A USP is something that sets a product apart from others in the same category and makes it stand out to potential customers.
In other words, the USP is a characteristic of a product or service that is different from others and gives it a competitive edge in the market. It is what makes the product or service unique and valuable to customers.
The USP of the Zerodha Trading Platform
The USP of Zerodha Trading Platform is its pricing structure. Zerodha has a simple pricing model that charges a flat fee of ₹20 per trade, regardless of the size of the trade.
This is significantly lower than the fees charged by traditional brokers, which can be as high as 0.5% of the trade value.
Zerodha also offers zero brokerage on equity delivery trades, which means that investors can buy and hold stocks without paying any brokerage fees.
This is a unique feature that is not offered by most other brokerage firms in India.
In addition, Zerodha offers a range of free tools and resources to its users, including educational resources, trading platforms, and investment advice.
These tools and resources are designed to help investors make informed decisions and improve their trading skills.
Zerodha's pricing structure and range of free tools and resources make it a popular choice among investors in India. It is a unique offering in the market that sets it apart from its competitors and gives it a competitive edge.
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individual entering the workforce plans to make monthly contributions to a retirement account in the amount of $330 beginning at the end of next month and continuing r the next 40 years.
(a) If the retirement account earns 10% compounded monthly, find the amount expected in the retirement account at the end of 40 years. Round to the nearest penny.
(b) If the retirement account charges a maintenance fee of 2% each year, the net interest rate earned by the retiree becomes 8%. Find the amount expected in retirement account. Round to the nearest penny. (c) Compare the answers from part (a) and part (b) above to determine the total percent lost by the retiree due to the fee. Round your answer to two decimal places.
a. the expected amount in the retirement account at the end of 40 years is approximately
$2,679,919.83, b. the expected amount in the retirement account considering the maintenance fee is approximately $1,472,247.55, c. the retiree would lose approximately 45.08% of their expected retirement savings due to the maintenance fee.
(a) To calculate the amount expected in the retirement account at the end of 40 years, we can use the future value formula for monthly contributions:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = Future value
P = Monthly contribution amount
r = Monthly interest rate
n = Number of months
In this case, P = $330, r = 10% / 12 = 0.00833, and n = 40 years * 12 months/year = 480 months.
Plugging in these values, we can calculate:
FV = 330 * [(1 + 0.00833)^480 - 1] / 0.00833 ≈ $2,679,919.83
Therefore, the expected amount in the retirement account at the end of 40 years is approximately
$2,679,919.83.
(b) When considering the maintenance fee of 2% each year, the net interest rate earned by the retiree becomes 8%. The effective monthly interest rate, r', can be calculated as:
r' = (1 + 8%)^(1/12) - 1 = 0.64%
Using the same formula as before, but with r' = 0.0064 (0.64% / 100), we can calculate:
FV' = 330 * [(1 + 0.0064)^480 - 1] / 0.0064 ≈ $1,472,247.55
Therefore, the expected amount in the retirement account considering the maintenance fee is approximately $1,472,247.55.
(c) To determine the total percent lost by the retiree due to the fee, we compare the amounts calculated in part (a) and part (b). The difference between the two amounts is:
$2,679,919.83 - $1,472,247.55 = $1,207,672.28
To calculate the percentage lost, we divide the difference by the amount calculated in part (a) and multiply by 100:
Percentage lost = ($1,207,672.28 / $2,679,919.83) * 100 ≈ 45.08%
Therefore, the retiree would lose approximately 45.08% of their expected retirement savings due to the maintenance fee.
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what contains the users' actual signatures indicating they approve all of the business requirements?
The document that contains the users' actual signatures indicating their approval of all the business requirements is the sign-off sheet or sign-off document.
The sign-off sheet or sign-off document serves as a formal acknowledgment and agreement from the users that they approve all of the business requirements outlined in a project or initiative. It is a tangible record that captures the users' actual signatures, indicating their acceptance and endorsement of the documented requirements.
The sign-off sheet typically includes a section where the users can review the business requirements in detail and provide their signatures to signify their approval. This process is crucial as it ensures that the users have thoroughly reviewed and agreed upon the specified requirements, confirming their understanding and commitment to the project.
By obtaining users' actual signatures on the sign-off sheet, organizations can establish a clear and documented record of user approval. This helps mitigate misunderstandings or disputes regarding the agreed-upon requirements later in the project lifecycle, providing a formal basis for accountability and reference.
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Which of the following best describes strategic management?
It examines how actions influence a firm's success or failure.
It is correlated to emergent strategies used for planned strategies.
It is typically written for short term goals, not long term goals.
It is a very simple process.
The statement "It examines how actions influence a firm's success or failure" best describes strategic management.
Option A is correct.
Strategic management involves the analysis, decisions, and actions undertaken by an organization to achieve its long-term objectives and overall success.
It encompasses the formulation and implementation of strategies that align with the organization's mission, vision, and goals. Strategic management considers various factors, such as internal resources, external environment, competitive dynamics, and stakeholder expectations, to determine the most effective course of action for the organization.
The other statements presented are not accurate descriptions of strategic management. It is not solely related to emergent strategies (it includes both planned and emergent strategies), it is not limited to short-term goals (it encompasses both short-term and long-term goals), and it is not a very simple process (it involves complex analysis and decision-making).
Incomplete question:
Which of the following best describes strategic management?
A. It examines how actions influence a firm's success or failure.
B. It is correlated to emergent strategies used for planned strategies.
C. It is typically written for short term goals, not long term goals.
D. It is a very simple process.
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When Emotional reaction overcomes reason, managers are subject
to
Biased decision making.
Emotional hijack.
Emotional Intellegence
All of the above.
Managers are prone to all of the aforementioned issues, such as biased decision-making, emotional hijacking, and emotional intelligence, when emotion triumphs over reason.
Emotional Intelligence is defined as the ability to understand and manage one's own emotions and those of others effectively. The concept of emotional intelligence refers to a collection of skills, competencies, and abilities that enable individuals to recognize, understand and influence emotions.
Biased decision making When making decisions, we are all influenced by a variety of factors, such as our past experiences, our beliefs and values, our cognitive biases, and our emotions. Research suggests that people's emotions can play a significant role in their decision-making processes, often leading to biased decision-making when their emotional response overrides their ability to make objective and rational decisions.
Emotional hijacking occurs when an individual's emotions are triggered in such a way that they become overwhelmed by their emotional response, leading them to make decisions that are based purely on their emotions rather than rational thought. This type of decision-making can be particularly problematic in the workplace, where managers are required to make critical decisions that impact the organization and its employees.
Emotional Intelligence as a Solution to Emotional Hijack To overcome the challenges associated with emotional hijacking, managers need to develop and improve their emotional intelligence skills. By developing their EI, managers can learn how to recognize, understand, and manage their emotions effectively, enabling them to make more objective and rational decisions.
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Antidilutive securities are securities that upon conversion or exercise increase earnings per share.
a. True
b. False
Antidilutive securities are securities that upon conversion or exercise do not increase the earnings per share. This statement is true.
Why?Antidilutive securities are securities that when converted to common stock, have a positive effect on earnings per share (EPS).
However, this is not always the case, as the conversion of a security can result in a dilution of earnings per share (EPS). As a result, such securities are referred to as dilutive securities.
In summary, if a security's conversion or exercise increases earnings per share, it is dilutive; if a security's conversion or exercise does not increase earnings per share, it is antidilutive.
The statement, "Antidilutive securities are securities that upon conversion or exercise increase earnings per share" is false.
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Create Your Own Organization / Analyze an Existing Organization For this Independent Study Project, you will be designing your own organization or analyze an organization. You may assume the role of either the owner of a business or the Chief Executive Officer (CEO) of an organization if you wish. Length: At least 6 pages single spaced maximum 12 point font. Instructions You will be applying skills in the four functions of management (Planning, Organizing, Leading, Controlling) that we study. Specific topics for consideration might include the following: - Give a general description of the organization. - Define the objectives of the organization (ie. Mission Statement, Focus areas). - Describe the product or service. - Do a market analysis. Analyze the product, industry, competition. - What strengths, weaknesses, opportunities and threats exist for the organization? - What type of plans and planning tools and techniques are used? - What are policies and procedures? - How will the organization keep things under control? - What tools are used in order to maintain control? - Describe the structure of the organization (ie. Organizational Chart, Chains of command, Span of control). - Describe the level of centralization and delegation. - What type of organizational design will the organization display? - Describe the work process design of the organization. - How does the organization attract a quality workforce? - Develop an application process and interview potential management level employees. - How does the organization develop the quality workforce that is attracted? (ie. Orientation, Training) - What leadership styles and traits does the organization utilize? - Describe the communication process in the organization. - How is conflict managed? - How will the organization be creative and innovative? - What motivation techniques will be utilized in the organization? - What compensation tools will be utilized in the organization?
Introduction: A company is a group of individuals with shared objectives who perform tasks together. There are four fundamental principles of administration: planning, organizing, leading, and controlling.
The organization's framework is defined and implemented through these principles, ensuring that the objectives are accomplished. The following essay will outline an organizational analysis of ABC Corporation.
ABC Corporation is a technology-driven firm specializing in creating custom software solutions for businesses of all sizes. ABC Corporation is devoted to the highest level of customer satisfaction, quality software, and customer service. With 24-hour customer support, the company guarantees that all clients' issues are resolved promptly and efficiently. The organization's mission is to assist businesses in achieving their goals through the use of cutting-edge technology.
The company has established long-term objectives that will guide it through 2030, such as improved consumer satisfaction, which is reflected in customer surveys, product and service excellence, innovation, and organizational efficiency. The organization is committed to providing the best possible service and expertise to its clients, as well as creating a safe and supportive environment for its employees. The organization's product portfolio includes software development and IT solutions. ABC Corporation is committed to investing in high-tech technology and talent in order to provide the best and most innovative products and services to its clients. The organization recognizes the importance of being current and remaining up-to-date in order to meet client needs and remain competitive. This involves a continuous cycle of research and development, as well as regular product and service upgrades, with the goal of achieving a competitive edge and offering superior services to clients.
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You have been presented with the following information for a business for the month ending 30thApril 2022. (All of the information is for 2022).
The business provided services to customers in April and the customers paid cash as soon as the services were provided. The total amount of cash received from the customers was $7,200.
The business also provided services to customers totalling $6,200 in March. The business received all of the cash from the customers in April.
The business received $2,100 cash from customers in advance in the month of April for services to be performed by the business in June.
The business provided services to customers on credit in April totalling $6,300. The customers will pay the cash to the business in May.
The business provided services to customers in May totalling $3,400. The customers paid the cash to the business as soon as the services were provided to the customers.
The business paid $1,000 cash for 2 months insurance in April. The insurance was for the period 1/4/22 until 31/5/22.
The business used cash to pay the wages for the business for the month of April totalling $7,500.
The electricity expense for the business for the month of April was $600. The $600 was paid using cash by the business in the month of April.
The business paid cash in April for wages for staff who worked for the business in March – the amount was $4,300.
The business paid $1,200 for 4 months’ rent on the 1st of April. The rent was for the period 1st April – 31st July.
Income statement and Balance sheet
Total liabilities and capital is $28,800. The income statement and balance sheet can be prepared based on the provided information for the business for the month ending 30th April 2022.
Income Statement for April 2022:
Cash received from customers: $7,200
Cash received from customers for March: $6,200
Advance cash received from customers for June: $2,100
Services provided on credit in April: $6,300
Total revenue for April: $21,800
Expenses for April:
Wages paid: $7,500
Insurance expense: $500 (1/4th of $1,000 for the month of April)
Rent expense: $300 (1/4th of $1,200 for the month of April)
Electricity expense: $600
Total expenses: $8,900
Net income for April: $12,900
Balance Sheet as at 30th April 2022:
Assets
Liabilities
Cash: $21,600 (Total cash received from customers + advance cash received from customers - wages paid - insurance expense - rent expense - electricity expense)
Accounts Receivable: $6,300 (Services provided on credit in April)
Prepaid rent: $900 (4 months' rent from April to July)
Total assets: $28,800
Accounts Payable: $6,300 (Services provided on credit in April)
Total liabilities: $6,300Capital: $22,500 (Net income for April)
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) If quantity demanded of a good falls by 2% when income falls by 10%, the good's demand is :
A) price sensitive.
B) income-inelastic.
C) income-elastic.
D) price insensitive.
6) Jane is a student at a university. She pays $10,000 per year in tuition, $4,000 per year in living expenses, and $800 per year for books. Were she not in school, she could earn $20,000 per year working as a bookkeeper and she would not live with her parents. What is her economic cost of a year in college?
A) $10,000
B) $13,000
C) $30,800
D) $34,800
1)If quantity demanded of a good falls by 2% when income falls by 10%, the good's demand is income-elastic. Answer: C) Income-elastic Explanation: Demand is said to be income elastic when a small change in the income of the consumer brings a large change in the quantity demanded.
When the quantity demanded of a good falls by 2% when income falls by 10%, the good's demand is income-elastic. Therefore, option C is the correct answer.2) Economic cost is the sum of explicit cost and implicit cost.
Explicit costs refer to the actual expenses that are paid by the organization while implicit costs are the opportunity costs or indirect costs that a company incurs while using its resources.
The given information can be tabulated as follows:ParticularsCostsTuition$10,000Living expenses $4,000Books$800Salary (Opportunity Cost)$20,000 The economic cost can be calculated as follows:
Economic Cost=Explicit Cost + Implicit Cost Explicit Cost = $10,000 + $4,000 + $800 = $14,800Implicit Cost = Salary (Opportunity Cost) = $20,000
Therefore, Economic Cost = Explicit Cost + Implicit Cost= $14,800 + $20,000= $34,800Therefore, Jane's economic cost of a year in college is $34,800. Hence, the correct option is D.
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