The option (b) is correct. Juan Manuel Marquez, who is Manny Pacquiao's guardian, persuades/convinces him to buy some property from Danny Garcia at a very highly inflated price. Juan Manuel Marquez may be liable for fraud.
What is fraud?
Fraud is defined as the use of deliberate deceit for personal advantage. It's when one individual deceives or tricks another to achieve some personal advantage that they wouldn't have been able to get without the other's help.
Fraud involves the following essential components: false statements, made with an intention to deceive, and inducing reliance on the false statement by the person who hears it. The plaintiff must prove that the defendant intentionally or recklessly made a false statement that led to the plaintiff's injury in a fraud case.In this case, Juan Manuel Marquez, who is Manny Pacquiao's guardian, persuades or convinces him to buy some property from Danny Garcia at a very highly inflated price. Juan Manuel Marquez may be held accountable for fraud because he intentionally deceived Manny Pacquiao by convincing him to buy property at an extremely high price, causing Manny Pacquiao to suffer financial damage. Therefore, option (b) is correct.
To know more about statement visit:
https://brainly.com/question/33442046
#SPJ11
What is the key differentiating factor of competitive market intelligence?Select one:a. It involves short term researchb. It is essential to a marketing planc. It is an ongoing process without any specific data requirementsd. It is used to analyze customerse. It is not used within the operations sector of a businessWhich of the following is true about response error?Select one:a. It is caused when respondents are unresponsiveb. It is the most common errorc. It is a cause of minor inconvenience in the surveysd. It is caused when questions are poorly worded and cause biase. It is caused when sample size is not large enoughThis type of packaging is necessary for holding or protecting the product:Select one:a. Secondary packagingb. Tertiary packagingc. Primary packagingd. Premium packaginge. Eco-friendly packaging
Ongoing nature of competitive market intelligence allows businesses to stay updated and make informed decisions in a rapidly changing market environment.
The key differentiating factor of competitive market intelligence is that it is an ongoing process without any specific data requirements. This means that competitive market intelligence is not limited to short-term research or specific data needs. Instead, it is a continuous and dynamic process that involves gathering, analyzing, and interpreting information about competitors, market trends, customer preferences, and other factors that can impact a company's competitiveness. This ongoing nature of competitive market intelligence allows businesses to stay updated and make informed decisions in a rapidly changing market environment. Therefore, option c is the answer.
Response error refers to the inaccuracies or biases that can occur in survey responses. While there can be various causes of response error, the statement that best describes response error is that it is caused when questions are poorly worded and cause bias. When survey questions are unclear, leading, or biased, they can influence respondents to provide inaccurate or biased answers, thus introducing response error. Therefore, option d is the main answer.The type of packaging necessary for holding or protecting the product is known as primary packaging. Primary packaging is the layer of packaging that directly comes into contact with the product and is responsible for preserving its quality, preventing damage, and ensuring convenience for the consumer. Therefore, option c is the answer.
To know more about competitive market visit:
https://brainly.com/question/33063309
#SPJ11
a supplier for an electronics store has introduced quantity discounts to encourage larger order quantities of cameras. the price schedule is: quantity purchased price per unit fewer than 525 $80 at least 525 $75 suppose the monthly demand at a retail store that buys from this retailer and resells is 175 units. the supplier charges a fixed cost of $180 per shipment. the cameras are expected to sell well for multiple seasons, so multiple replenishment opportunities are possible. if the holding cost is 4.0%, and the retailer implements periodic review to achieve 75% service level, how much should the retailer order if it has 525 units in stock?
The retailer should not order any additional units if it already has 525 units in stock.
To calculate the safety stock, we need to determine the standard deviation of demand during the lead time. Given that the demand is 175 units per month and the holding cost is 4.0%, we can calculate the standard deviation using the following formula:
Standard Deviation = √(Demand during lead time * Holding cost)
Standard Deviation = √(175 * 0.04) ≈ 6.65
Now, let's calculate the safety stock. The safety stock is usually determined based on the desired service level. In this case, the retailer aims for a 75% service level. To determine the safety stock multiplier corresponding to the service level, we can use statistical tables or formulas. For a 75% service level, the safety stock multiplier is typically around 0.67.
Safety Stock = Safety stock multiplier * Standard Deviation
Safety Stock = 0.67 * 6.65 ≈ 4.45
The reorder point is then calculated as:
Reorder Point = Demand + Safety Stock
Reorder Point = 175 + 4.45 ≈ 179.45
Since the retailer already has 525 units in stock, and the reorder point is lower than the current inventory level, the retailer does not need to order any additional units at this time.
To know more about stock here
https://brainly.com/question/32934230
#SPJ4
. Your company is making money in another country and you want to insure yourself against any change in value between this country’s currency and the Canadian dollar. You don’t want to make money in this transaction, however you don’t want to lose money. Which of the four functions is this, and why do you say this?
The protective function is concerned with insuring against loss due to exchange rate fluctuations that might harm profits, cash flows, or asset values.
In this case, hedging against any fluctuations in the exchange rate between the Canadian dollar and the foreign currency that the company is operating in, which might cause a decrease in the company’s revenues or profits. Since the firm is attempting to minimize the financial risk of its operations by engaging in a hedging activity, this transaction would be classified as a protective function.
In addition, the protective function is frequently linked with taking corrective measures such as using derivatives to decrease the risk of exposure to unfavourable rate fluctuations. It is worth noting that hedging can never be done without costs. This is due to the fact that the company will have to pay a premium for the insurance coverage provided by the derivative contracts or other hedging instruments.
To know more about protective visit:
https://brainly.com/question/28180162
#SPJ11
Why is it important to communicate ethically, when people often have such different ideas about ethics?
chapter -1
References
Floyd, K. (2020). Interpersonal communication (Connect 4th ed. version). New York, NY: McGraw-Hill. Retrieved from McGraw-Hill Connect.
It is crucial to communicate ethically, despite different views of ethics, for several reasons. These include ensuring that communication is understood, maintaining a trustworthy relationship, and avoiding legal and social consequences. The importance of communicating ethically.
The importance of communicating ethically has been described below: Ensuring that communication is understood Communication may be made more accessible by ethical communication practices. This is because ethical communication enhances the clarity of communication and provides a clear understanding of the intended message. Communication can be more effective as a result of this. Maintaining a trustworthy relationship. When communicating, trust is critical. When communication is not conducted ethically, trust is easily lost. Ethical communication builds trust because people can rely on each other. This, in turn, encourages healthy relationships. Avoiding legal and social consequences. The use of ethical communication techniques helps to prevent legal and social consequences. If a person's communication is not ethical, it may result in negative legal and social consequences, including fines or imprisonment. Therefore, it is important to ensure ethical communication practices in communication. Communication that is not ethical can have long-term consequences on the individuals involved and their relationships. So, it is very important to maintain ethical communication practices in all situations.
To know more about ethically visit:
https://brainly.com/question/30590798
#SPJ11
devices, such as bonuses, used to reward appropriate managerial behavior are called blank . multiple choice question. incentives arbitration tariffs reviews
The devices used to reward appropriate managerial behavior are called incentives.Incentives are a form of motivation or reward given to employees, including managers, to encourage and reinforce desired behavior.
These devices can take various forms, such as bonuses, commissions, stock options, or performance-based rewards. By offering incentives, organizations aim to align the goals of employees with the overall objectives of the company. Incentives can be a powerful tool in driving employee performance and promoting a positive work culture.
They can help increase productivity, improve job satisfaction, and retain talented employees.Examples of managerial incentives may include performance-based bonuses for achieving targets, stock options based on company performance, or recognition programs that acknowledge and reward exceptional managerial behavior.
To know more about incentives visit:
https://brainly.com/question/29306903
#SPJ11
Woidtke Manufacturing's stock currently sells for $28 a share. The stock just paid a dividend of $1.20 a share (i.e., Do= $1.20), and the dividend is expected to grow forever at a constant rate of 5% a year. What stock price is expected 1 year from now? Do not round intermediate calculations. Round your answer to the
nearest cent.
What is the estimated required rate of return on Woidtke's stock (assume the market is in equilibrium with the required return equal to the expected return)? Do not round intermediate calculations. Round the answer to two decimal places.
%
Woidtke Manufacturing's stock currently sells for $28 a share. The stock just paid a dividend of $1.20 a share (i.e., D0= $1.20), and the dividend is expected to grow forever at a constant rate of 5% a year.
Current stock price (P0)
= $28Dividend paid (D0)
= $1.20Dividend growth rate (g)
= 5%Expected stock price after 1 year (P1) can be calculated as: P1
= D1 / (r - g), \
= required rate of returnD1
= expected dividend per share after 1 yearD1
= D0 × (1 + g)D1
= $1.20 × (1 + 5%)D1
= $1.26Therefore, P1
= $1.26 / (r - 5%)We need to find the value of r to calculate P1 using the above formula. Using the dividend discount model, the estimated required rate of return on Woidtke's stock can be calculated as:
r = (D1 / P0) + g,r
= ($1.20 × (1 + 5%)) / $28 + 5%r
= 9.29%
= 9.29%.Expected stock price after 1 year
= $30.66.
To know more about currently visit:
https://brainly.com/question/31315986
#SPJ11
on june 30, 2024, blondie fixtures was considering alternatives to bolster its cash position. option one called for transferring $460,000 in accounts receivable to dogwood finance company without recourse for a 5% fee. option two calls for blondie to transfer the $460,000 in receivables to dogwood with recourse. dogwood's charges a 4% fee for receivables factored with recourse. option two meets the conditions to be considered a sale, but blondie estimates a $3,600 recourse liability. under either option, dogwood will immediately remit 90% of the factored receivables to blondie, and retain 10%. when dogwood collects the remaining receivables, it remits the amount, less the fee, to blondie. blondie estimates that the fair value of the final 10% of the receivables is $28,000 (ignoring the factoring fee).
Blondie Fixtures is considering two options to bolster its cash position.This means that Blondie will not be responsible if the receivables are not paid by the customers. However, Blondie will have to pay a 5% fee to Dogwood for this service.
Option two involves transferring the same $460,000 in receivables to Dogwood with recourse. This means that Blondie will be responsible for any unpaid receivables and may have to reimburse Dogwood. For this option, Dogwood charges a 4% fee for receivables factored with recourse. Under both options, Dogwood will immediately remit 90% of the factored receivables to Blondie and retain the remaining 10%. When Dogwood collects the remaining receivables, it will remit the amount, less the fee, to Blondie.
Option two meets the conditions to be considered a sale, meaning Blondie can recognize the transfer as a sale and remove the receivables from its books.This value does not take into account the factoring fee. In summary, the two options are: Option one: Blondie transfers $460,000 in receivables to Dogwood without recourse for a 5% fee.Option two: Blondie transfers the same amount of receivables to Dogwood with recourse for a 4% fee. However, Blondie estimates a recourse liability of $3,600 under this option.
To know more about cash visit:
https://brainly.com/question/30588084
#SPJ11
Cash-rich firms often make questionable acquisitions, rather
than pay out the cash to shareholders. This:
A.is because diversification eliminates inefficiencies.
B.is an example of the bootstrap game
The bootstrap game is a financial strategy used by businesses to manipulate their cash reserves and earnings to increase the company's stock price.
As a result, it often entails a decrease in investment or the discontinuation of a successful project to enhance earnings in the short term.
The statement "Cash-rich firms often make questionable acquisitions, rather than pay out the cash to shareholders" is an example of the bootstrap game.
To know more about Bootstrap Game, click here
brainly.com/question/33598908
#SPJ11
How can Cindy inform Juan of changes to his credit line and also preserve business with Marble Home Makeovers?
How can Juan write a message to employees informing them that they will have reduced work hours without excessively reducing employee morale and commitment?
How can Juan turn down a supervisors request and still maintain goodwill?
How can Juan reject this customer’s claim but retain her loyalty?
How can Juan tell one of the most popular employees that he is not performing well?
Cindy can inform Juan of changes to his credit line and still preserve business with Marble Home Makeovers by writing a clear and precise email message.
This email should include why the credit line has been changed, how it will affect Juan's business with Marble Home Makeovers, and what steps he can take to improve his credit line.In addition, Cindy should assure Juan that Marble Home Makeovers values its business relationship with him and is committed to supporting him during this time.
This message should be friendly, professional, and concise to avoid any misunderstandings.Juan can write a message to employees informing them that they will have reduced work hours without excessively reducing employee morale and commitment by explaining the situation and providing a plan for how the company will cope with the situation. Juan can also provide employees with an explanation of why the reduced hours are necessary and how the company plans to get back to full-time hour
To know more about business visit:
https://brainly.com/question/29896340
#SPJ11
Laurel Enterprises expects earnings next year of $3.89 per share and has a 40% retention rate, which it plans to keep constant. Its equity cost of capital is 9%, which is also its expected return on new investment. Its earnings are expected to grow forever at a rate of 3.6% per year. If its next dividend is due in one year, what do you estimate the firm's current stock price to be? The current stock price will be $ (Round to the nearest cent.)
Laurel Enterprises is expected to earn $3.89 per share next year with a retention rate of 40%, which it plans to maintain. The equity cost of capital is 9%, which is also the expected return on new investment.
Its earnings are expected to grow perpetually at a rate of 3.6% per year. If its next dividend is due in one year, what would you estimate the current stock price to be. The current price of a stock is the present value of the expected future cash flows produced by the stock.
As a result, the stock's current price is calculated using the following formula:Po = (Do (1 + g)) / (r - g)where:Po is the stock's current price. Do is the expected dividend payment in one year. g is the expected growth rate of dividends.r is the discount rate, which is the equity cost of capital in this case.
g is greater than r in this scenario, which means that the perpetual growth rate is greater than the cost of equity, resulting in a negative denominator that is impossible to solve for. As a result, the Gordon model cannot be used for this firm since it does not generate a solution.
To know more about equity cost visit:
https://brainly.com/question/14041475
#SPJ11
(PROJECT RISK MANAGEMENT)
In project management, risk management is the practice of identifying, evaluating, and preventing or mitigating risks to a project that have the potential to impact the desired outcomes. A risk
register is the ultimate source of truth for understanding and assessing risk.
(a) Describe the purpose of a risk register.
The risk register is a document that project managers use to identify and analyze potential risks that may jeopardize the successful completion of a project.
A risk register is a key tool in project management because it enables project managers to stay on top of potential risks and take proactive steps to mitigate them. It also makes it easier to track risk management activities and maintain an accurate record of project risks.
The purpose of the risk register is to keep track of all identified risks in a project. It is a living document that is updated throughout the project's life cycle as new risks emerge, old risks are resolved, and the project environment changes. The register should include information such as the risk description, the probability of occurrence, the impact of the risk, the priority, the risk owner, and the mitigation strategy.
Project managers can use the risk register to prioritize risks based on their potential impact on the project and develop strategies to mitigate those risks. By tracking risks throughout the project life cycle, project managers can ensure that they are prepared to respond to any risk that arises. A risk register is also an important tool for communication because it allows project stakeholders to stay informed about the project's risk profile and any actions being taken to manage those risks.
Learn more about The risk register: https://brainly.com/question/31942299
#SPJ11
B. Expenses and changes in fund balances.Sheridan Corporation issued 3,700, 6\%, 5-year, $1,000 bonds dated January 1,2022 , at 100 . Interest is paid each January 1. a) Prepare the journal entry to record the sale of these bonds on January 1, 2022. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the adjusting journal entry on December 31,2022, to record interest expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Prepare the journal entry on January 1, 2023, to record interest paid. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
A bond is a form of debt security. It is a written pledge that a corporation or government agency issues to borrow money. The bond issuer guarantees to pay interest on the borrowed funds at a certain percentage rate over a specific time period and to repay the principal sum borrowed at the end of the period.
The journal entries for bond accounting are essential. The journal entries are made in various ways depending on the purpose, so the procedure is described in the next paragraph.The Journal Entries are:1. On January 1, 2022, prepare the journal entry to record the sale of these bonds.Date Accounts Debit Credit Jan. 1 Cash 37,00,000 Bonds Payable37,00,000(To record the sale of the bonds at 100)2. On December 31, 2022, prepare the adjusting journal entry to record interest expense.Date Accounts Debit Credit Dec. 31Interest Expense1,11,000Interest Payable1,11,000(To record the interest expense)Formula: Interest = [tex]$37,00,000 x 6% x 1/12 = $1,11,0003.[/tex] On January 1, 2023, prepare the journal entry to record interest paid.DateAccountsDebitCreditJan. 1Interest Payable1,11,000Cash1,11,000(To record interest paid.
To know more about government visit:
https://brainly.com/question/2364368
#SPJ11
Write ONE-PARAGRAPH FEEDBACK to the interviewee in the following job interview.
watch video - Interviewer Technique - Getting it right
UNDERSTAND THE ASSESSMENT CRITERIA TO GET YOU GET THE SCORE YOU WANT:
CONTENT (5%): Showcase the understanding by:
Name the point of knowledge (I)
Explain what it is and its application in business communication (I)
Give your own reflection on this knowledge point. (I)
Tell what is good or not good about the interviewee's answer (II)
COHERENCE & UNITY (3%):
Express a single idea with a clear topic sentence.
Use the body of the paragraph to demonstrate or expand the topic sentence.
Restate the main idea in the concluding sentence.
MECHANICS (2%):
Punctuation (commas, periods, semicolons, etc.)
Sentence variety and structures (Avoided run-on sentences, comma splices, fragments)
Cohesive devices (Conjunctions, pronoun references, adverbials)
Articles
Verbs
Words missing/added/order
Lexical word choice, naturalness of expression, spelling
Other grammar points (e.g., prepositions, word order, capitalization, etc.)
Dear interviewee, I found your interview to be interesting and informative. You demonstrated a good understanding of the assessment criteria by showcasing your knowledge of various communication techniques. Your explanation of these techniques was clear, concise and well structured.
Additionally, your reflection on each knowledge point was thoughtful and well-articulated, which shows a good level of understanding. However, I noticed that you could have improved on the coherence and unity of your answer.
Your topic sentences could have been clearer and more direct, and the ideas you presented could have been more focused and organized. Furthermore, there were some issues with mechanics, such as punctuation and word order, that could have been improved.
Overall, I thought your interview was good, and with a little more attention to coherence, unity, and mechanics, you could make your answer even better.
To know more about communication visit:
https://brainly.com/question/29811467
#SPJ11
ou are considering an investment product that is expected to generate an annual cash flow of $700 in perpetuity, starting from today. Assume you have a required rate of return of 8%, how much would you pay for this investment?
Assume you can purchase this investment from a friend for $8,500, do you think it is a good investment?
The price of an is calculated by using the following formula:P = CF / Rwhere, P is the price of the investment,CF is the annual cash flow of the investment,
R is the required rate of return of the investmentCalculating the price of the investment:CF = $700R = 8% = 0.08P = CF / RP = $700 / 0.08P = $8,750The price of the investment is $8,750. Now we need to determine whether it's a good investment or not. We can do this by comparing the price we calculated with the purchase price. If the purchase price is lower than the calculated price, then it's a good investment. If it's higher than the calculated price, then it's not a good investment.Given:Purchase price = $8,500Calculated price = $8,750Since the purchase price is lower than the calculated price, the investment is a good one.
To know more about investment visit:
https://brainly.com/question/14921083
#SPJ11
17. Your broker calls you and tells you that he has this great investment opportunity. If you invest $100 today, you will receive $40 in one year and $75 in two years. If you require a 15% return on investments of this risk, should you take the investment?
18. You are offered the opportunity to put some money away for retirement. You will receive five annual payments of $25,000 each beginning in 40 years. How much would you be willing to invest today if you desire an interest rate of 12%?
17. The time value of money (TVM) is the concept that money received today is worth more than the same amount received in the future due to its earning capacity. It's also worth noting that when calculating the present value of an annuity, the term "annuity" refers to a series of equal cash flows received or paid over a specified length of time.
The formula for calculating the present value of an annuity is:
Present value of annuity = periodic payment × [1 - (1 + i)-n] / i
Where i is the interest rate per period and n is the total number of periods.
40 one year from now would have a present value of 34.78 if you require a 15% return.75 two years from now would have a present value of 55.29 if you require a 15% return.
The total present value of the investment is the sum of the present values of the future cash inflows.
34.78 + 55.29 = 90.07
The present value of the investment is 90.07 because you'll be investing 100 in this venture.
You should not invest in this endeavor because the present value of the anticipated cash flows is less than the amount you're investing.18.
The formula for calculating the present value of an annuity is:
Present value of annuity = periodic payment × [1 - (1 + i)-n] / i
Where i is the interest rate per period and n is the total number of periods.
Using the above formula, the present value of the annuity can be calculated.
Present value = (Payment) × ((1 - (1 + r)-n) / r)Present value of the 5 payments of 25,000 each = 25,000 x ((1- (1 + 0.12)-5) / 0.12) = 70,944.77.
An amount of 70,944.77 would need to be invested today to receive 5 annual payments of $25,000, beginning in 40 years if you desire an interest rate of 12%.
To know more about calculating visit :
https://brainly.com/question/30151794
#SPJ11
Compare and contrast the merits and problems with emails and
another verbal communication medium.
Your answer:
Emails are a popular and commonly used communication medium in both professional and personal settings. In this essay, I will compare and contrast the merits and problems with emails and verbal communication mediums such as phone calls and face-to-face interactions.
Merits of Emails:
Emails are an excellent way to document conversations and information shared, which makes them a useful reference tool. It allows the users to send messages to a large number of recipients simultaneously. They are often used in workplaces, schools, and other institutions, where the sending of files and attachments is crucial to effective communication.
Problems with Emails:
One of the biggest problems with emails is that the tone of the message can be easily misconstrued, leading to misunderstandings. Additionally, the use of email can lead to delays in communication, which can be frustrating for the sender or the receiver. Emails are also impersonal and may not be suitable for delicate conversations or situations that require immediate resolution.
Merits of Verbal Communication:
Verbal communication, such as phone calls and face-to-face interactions, allow for immediate feedback and immediate resolution of misunderstandings. Verbal communication also allows for the exchange of non-verbal cues such as tone of voice, facial expressions, and body language, which can add meaning to the conversation.
Problems with Verbal Communication:
Verbal communication has its drawbacks as well. It's not always easy to remember what was said during a conversation, and it can be difficult to have a record of what was discussed. In addition, verbal communication can be intrusive and time-consuming, particularly if it requires face-to-face interactions.
To know more about communication visit:
https://brainly.com/question/29811467
#SPJ11
Why
isn't my balance sheet balancing here i am stuck here please help!
these are pro forma's for two years but second year's balance sheet
isn't matching please help me out here with the error
If the entries or computations on your balance sheet are incorrect, your balance sheet will not balance. The following are a few potential causes of the imbalance:
1. Mathematical mistakes: Make that all the calculations are done correctly and that the numbers for each line item are entered and computed correctly. To ensure accuracy, double-check the addition and subtraction of assets, liabilities, and equity.2. Incomplete or inaccurate entries: Verify the balance sheet to see whether any accounts or transactions are missing, as well as whether any incorrect values have been entered. Make sure to include and classify all assets, liabilities, and equity accounts.3. Check for opening or closing balance errors by comparing the opening and closing balances from the prior year.
learn more about computations here :
https://brainly.com/question/15707178
#SPJ11
would rather pay for my product than to receive a defective replacement. i would rather pay for my product than receive a defective replacement. i would rather pay for my product than a defective replacement. i would rather pay for my product than receiving a defective replacement. i don't know yet
It is better to pay for a product than to receive a defective replacement.When you purchase a product, you expect it to be in good working condition.
If you receive a defective replacement, it means that the replacement item is also not functioning properly. In this case, it is more advantageous to pay for the product rather than receive a defective replacement. When you choose to pay for a product rather than receive a defective replacement, you ensure that you are getting a product that meets your expectations and functions properly. A defective replacement may have the same issues as the original product or even new problems. By opting to pay for the product, you have a higher chance of receiving a brand-new, fully functional item.For example, let's say you purchased a smartphone and found out that it has a faulty camera.
The company offers to replace it with a new unit, but there's a possibility that the replacement phone could also have a camera issue or other defects. In this scenario, it would be more reliable to pay for the product and get a brand-new phone that is guaranteed to be in proper working order.In conclusion, it is better to pay for a product rather than receive a defective replacement because you can ensure that you are getting a fully functional item without any issues.
To know more about defective replacement visit:
https://brainly.com/question/32768858
#SPJ11
Superior Views is a manufacturer of binoculars. Its highend product is available online and is also sold at select retail oullets. The binoculars sell for an average price of 5310 The distributioa costs are to transport prodisct to retail outlets. REOUIRED: HNT: Yoa probably want to consider initial contribution margin as a baseline; 1 If the selliag price is increased by 5.50 per set, Superiof projects that it will well 2.000 fewer sets per month. 50 s overtime pay would have to be added to direet labor on the last 1.000 sets. 3 Superior is considering a special orler to a Canadian distribulor in a different market. The propenced order is for 1.000 sets of binoculars at 5250 per set. The distributor would cover the transportation costs, but $750 of additional administrative costs would be incurred so fill the order.
Superior Views, a manufacturer of binoculars, sells its high-end product both online and through select retail outlets at an average price of $5,310. If the selling price is increased by $5.50 per set, the company expects to sell 2,000 fewer sets per month.
Additionally, for the last 1,000 sets, $50 of overtime pay would be added to direct labor. Furthermore, Superior is considering a special order from a Canadian distributor for 1,000 sets of binoculars at $5,250 per set. While the distributor would cover transportation costs, fulfilling the order would incur an additional $750 in administrative costs.
To analyze the impact of increasing the selling price by $5.50 per set, we need to calculate the contribution margin and consider the reduction in sales. The current average selling price is $5,310, and the initial contribution margin is calculated by subtracting the variable costs from the selling price.
Let's assume the variable cost per set is $V. Therefore, the initial contribution margin is $5,310 - $V. If the selling price is increased by $5.50 per set, the new selling price would be $5,315.50. With 2,000 fewer sets sold per month, the total monthly revenue would decrease by $5,315.50 multiplied by 2,000.
The new contribution margin can be calculated by subtracting the variable cost per set from the new selling price.
Learn more about binoculars click here:
brainly.com/question/30639088
#SPJ11
Superior Views, a manufacturer of binoculars, sells its high-end product both online and through select retail outlets at an average price of $5,310. If the selling price is increased by $5.50 per set, the company expects to sell 2,000 fewer sets per month.
Additionally, for the last 1,000 sets, $50 of overtime pay would be added to direct labor. Furthermore, Superior is considering a special order from a Canadian distributor for 1,000 sets of binoculars at $5,250 per set. While the distributor would cover transportation costs, fulfilling the order would incur an additional $750 in administrative costs.
To analyze the impact of increasing the selling price by $5.50 per set, we need to calculate the contribution margin and consider the reduction in sales. The current average selling price is $5,310, and the initial contribution margin is calculated by subtracting the variable costs from the selling price.
Let's assume the variable cost per set is $V. Therefore, the initial contribution margin is $5,310 - $V. If the selling price is increased by $5.50 per set, the new selling price would be $5,315.50. With 2,000 fewer sets sold per month, the total monthly revenue would decrease by $5,315.50 multiplied by 2,000.
The new contribution margin can be calculated by subtracting the variable cost per set from the new selling price.
Learn more about binoculars click here:
brainly.com/question/30639088
#SPJ11
This week we look more closely at the systems theory and organizational structure. Organizations can be either flat or steep - and that's not referring to the building they are housed in? - A flat organization is one where there aren't many opportunities to move up - there's one manager over several positions, and there's not much above that person. - A steep organizational chart is one where there is a hierarchy. Your boss reports to someone who reports to someone, and there are a few more layers before the President of the company Food Service companies have that as well. IN A GENERAL SENSE... Sodexo is a 'steep' company, while Compass Canada and Marquise are much 'flatter'. Both have positives and negatives associated with their structure. What would you expect are these positives and negatives? What have you experienced?
Organizational structure refers to how an organization's activities are organized and coordinated. This involves management of activities and delegation of tasks to employees.
There are different types of organizational structures:
Flat organizations: Organizations with few or no levels of middle management between staff and executives. Generally, flat organizations have a wider span of control, with executives having a larger number of direct reports. This implies that employees are responsible for more duties, while executives may interact with employees more often.
Steep organizational charts: Organizations with many levels of middle management between staff and executives. Steep organizations have a narrow span of control, which means that executives have a smaller number of direct reports and are responsible for fewer tasks.
The benefits and drawbacks of flat and steep organizational charts are as follows:
Flat organizations have a number of advantages:
They promote teamwork and collaboration among employees and departments.
They provide employees with greater autonomy and responsibility, which can lead to increased job satisfaction.
They promote communication between executives and employees, which can lead to a better understanding of the organization's goals and objectives.
They can operate more efficiently and flexibly than hierarchical organizations because there are fewer layers of management.
Steep organizations have a number of advantages:
They promote specialization and expertise among employees, which can lead to higher productivity and quality.
They provide clear lines of authority and accountability, which can facilitate decision-making and reduce conflict.
They promote career development and opportunities for advancement, which can lead to increased motivation and loyalty.
They can be more effective than flat organizations in larger, more complex organizations because they require more formal coordination and control.
Learn more about Organizational structure: https://brainly.com/question/33123076
#SPJ11
Human Resources Recruitment Plan (250 words)
Based on the information provided in the case study, you are required to undertake internet
research to ascertain the below information and use this to produce a plan for the recruitment
of a number of new staff in any area of the company you believe will require additional staff. This section should be presented as an outline HR budget, specifying the skills and
qualifications required for new staff and the time required to train new and existing staff. What is the current market rate (hourly or yearly pay) for each job type within Safety
First outside London?
Based on the potential for new orders and the Operations plan, how many additional
staff are required for each role and how quickly can new staff be hired, inducted and
trained?
What role type (full-time, part-time, etc.), contract type (permanent, fixed term, etc.)
and rate of pay will be offered for each role?
What induction, training and development will be required for each role?
How will roles be advertised?
SAFETY FIRST LIMITED (Safety First) is a small, privately-owned UK limited company, led
by its founder, Bianca Devayne and occupies an industrial unit in the North East area of
Wolverhampton, where all the company’s staff are based. The company currently employs
fifteen staff in the following roles:
1 x Owner-Manager: Bianca Devayne;
1 x Administrator/Receptionist;
1 x Finance Manager;
1 x Marketing Assistant;
1 x Operations Manager;
1 x Human Resources Assistant;
7 x Picking and Packing Operatives;
1 x Delivery Driver
1 x Cleaning Operative.
Safety First supplies businesses with personal protective equipment (PPE) for catering,
childcare, health care and social care purposes. Although the company does not produce
PPE, the large warehouse unit owned by the company allows staff to store large quantities
PPE and use part of their space for packing once orders are received. As a result of the 2020
global pandemic (Covid-19) demand for the sort of products which Safety First supplies
continues to increase and Bianca Devayne is keen to take advantage of this surge in
demand. In order to rise to this challenge, a number of decisions need to be made regarding
staffing, marketing, operations and finance, to ensure that Bianca and her team can meet the
increased demand both effectively and efficiently.
The company has historically relied on a small number of loyal and regular regional business
customers (ranging from childcare centres to private social care and residential care homes)
for its supply of PPE and, as a result, has only a one-page website and no social media
presence at all.
Continued on page 5...
For the purposes of this assessment, you can assume the following: The company owns one small delivery van, insured for and used by the sole delivery
| P a g e 5
Authorised: Authorised: FoSS version 1 - Approved by: FAEC November 8th 2016. Ref: 2 Module Assessment Briefing Form
driver; the warehouse unit is owned by the company and currently holds 100,000 pieces of
PPE – just 10% of unit storage capacity; Regular stocks of 5,000 pieces of various PPE items are delivered to Safety First on a
weekly basis and stock is rotated accordingly; The five regular business customers of Safety First receive 10,000 pieces of PPE each
week; the production operatives who pick and pack PPE for posting and courier delivery
occupy a spacious room situated alongside the company offices at the front of the unit – although this is fit for current purposes, any increase in demand from new and
existing customers would require a larger space. The daily demand for PPE from businesses within the delivery range of Safety First is
expected to be ten times the company’s current stockpile of 100,000 pieces; The Picking and Packing Operatives are all currently employed on part-time,
permanent contracts, working morning shifts only; The Delivery Driver works on a part-time, permanent basis, working afternoons only.
Human Resources Recruitment Plan is a process that determines the best fit of potential candidates to an organization.
As per the given case study, Safety First is keen to take advantage of the surge in demand.
Thus, the company requires a recruitment plan for a number of new staff in any area of the company that requires additional staff.
Below are the details that must be included in the recruitment plan:
Current Market Rate:
The current market rate for each job type within Safety First outside London needs to be determined.
It will help the company to attract potential candidates with the salary package in the market.
Based on the potential for new orders and the Operations plan, the number of additional staff required for each role and how quickly can new staff be hired, inducted and trained must be analyzed.
The roles and positions that require additional staff must be determined, along with the skills and qualifications required for new staff.
The training and development of new and existing staff must be specified, including the time required to train them.
Roles and contracts:
The roles offered, including full-time, part-time, permanent, fixed-term, etc., must be specified, along with the rate of pay for each role.
Induction and training:
The induction, training, and development required for each role must be specified.
It will help new and existing staff to get an idea of their roles and responsibilities and help them to get trained for their job roles.
To know more about determines visit:
https://brainly.com/question/29898039
#SPJ11
bank a holds a lien on a home on which bank b already had a lien. the lenders subsequently entered into an agreement in which bank a moved into a first lien position. this is an example of a:
When Bank A holds a lien on a home on which Bank B already had a lien, and the lenders subsequently entered into an agreement in which Bank A moved into a first lien position, this is an example of a "Subordination Agreement".
A subordination agreement is a legal document used to establish one debt as ranking behind another in priority for collecting repayment from a debtor.
Subordination agreements are most frequently used in the context of mortgages, but they can be used in any situation where one party wants to take priority over another concerning debt repayments.When multiple lenders have claims to the same assets or properties, they may enter into a subordination agreement to regulate their claims. The agreement specifies the order in which creditors will be paid out from the proceeds of a sale. S
ubordination agreements are most often used in the context of real estate mortgages because they allow the primary lender to maintain the first lien position on the property even if additional debt is secured by the property. In such cases, the lienholder with the first mortgage is entitled to repayment before the second-lien holder.If Bank A moves into a first lien position, it means that Bank A will be paid out first in the event of a foreclosure. This is because Bank A now has a superior claim to the property and must be paid before Bank B.
This is why a subordination agreement is essential in establishing which lender takes precedence over others. This legal agreement clarifies the order of lien holders and outlines how the claims will be settled between the parties involved.
To know more about subsequently visit:
https://brainly.com/question/6687211
#SPJ11
Ken, a statistician has determined that there is a 40% probability that a global equity mutual fund will outperform the market over a year provided that it outperformed the market the previous year. If only 10% of global equity mutual funds outperform the market during any year,what is the probability that a global equity mutual fund will not outperform the market for 2 years in a row?
The probability that a global equity mutual fund will not outperform the market for two years in a row is 0.81 (81%).
Given that the probability of a global equity mutual fund outperforming the market in any year is 10%, we can calculate the probability of not outperforming the market as 1 - 0.10 = 0.90 (90%). Since the events of not outperforming the market in two consecutive years are independent, we can multiply the probabilities: 0.90 * 0.90 = 0.81, or 81%. To calculate the probability that a global equity mutual fund will not outperform the market for two years in a row, we can use conditional probability.
Let's denote the event "outperforming the market" as A and the event "not outperforming the market" as A'. We are given that the probability of A is 0.10 (10%) and the probability of A given A' (not outperforming the market in the previous year) is 0.40 (40%).
We can use the complement rule to calculate the probability of A' (not outperforming the market) in the current year:
P(A') = 1 - P(A) = 1 - 0.10 = 0.90.
Since the events of not outperforming the market in two consecutive years are independent, we can multiply the probabilities:
P(not outperforming for 2 years) = P(A') * P(A') = 0.90 * 0.90 = 0.81.
Therefore, the probability that a global equity mutual fund will not outperform the market for two years in a row is 0.81, or 81%.
learn more about probability here:
https://brainly.com/question/31828911
#SPJ11
Johns property sustained damage from a windstorm. His fence was total blown down. He wants to know how his fence will be settled. You advise him?
If John's property sustained damage from a windstorm, and his fence was totally blown down, he may be able to file an insurance claim for his damaged fence.
Here's some advice for John to follow when filing his claim:Take pictures of the damage: Before doing anything, take pictures of the damage to John's fence as proof for the insurance company.Contact the insurance company: John should contact his insurance company as soon as possible to report the damage to his fence. His policy should specify the procedure for filing a claim.Meet with an adjuster: The insurance company will send an adjuster to John's property to assess the damage and determine how much the insurance company will pay to repair or replace the fence. John should be present for this meeting.Be prepared to pay a deductible: Most homeowners insurance policies require a deductible, which is the amount of money John will have to pay out of pocket before the insurance company covers the cost of repairs or replacement of his fence. The amount of the deductible will depend on John's policy and the extent of the damage.
To know more about windstorm visit:
https://brainly.com/question/31625759
#SPJ11
the morning jolt coffee company has projected the following quarterly sales amounts for the coming year: q1 q2 q3 q4 sales $ 680 $ 710 $ 790 $ 860 a. accounts receivable at the beginning of the year are $260. the company has a 45-day collection period. calculate cash collections in each of the four quarters by completing the following: (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. a negative answer should be indicated by a minus sign.)
The cash collections for each quarter, we need to consider the collection period and the accounts receivable at the beginning of the year.In the first quarter (Q1), the sales amount is $680.
The collection period is the time it takes for the company to collect payments from its customers. In this case, the company has a 45-day collection period. To calculate the cash collections for each quarter, we need to consider the sales amounts and the collection period. In the first quarter (Q1), the sales amount is $680. Since the collection period is 45 days, the cash collections for Q1 will be $680 * (45/365) = $84.38. In the second quarter (Q2), the sales amount is $710. Using the same formula, the cash collections for Q2 will be $710 * (45/365) = $87.67. In the first quarter (Q1), the sales amount is $680.
Since the collection period is 45 days, we can calculate the fraction of the collection period that falls within Q1 by dividing 45 by the total number of days in a year (365): 45/365 = 0.1233. Multiplying the sales amount by this fraction gives us the cash collections for Q1: $680 * 0.1233 = $84.38. In the second quarter (Q2), the sales amount is $710. Using the same formula, we can calculate the cash collections for Q2: $710 * 0.1233 = $87.67.
To know more about quarter visit:
https://brainly.com/question/28387246
#SPJ11
the company has predicted a sales increase of 20 percent. it has predicted that every item on the balance sheet will increase by 20 percent as well. create the pro forma statements and reconcile them. (input all answers as positive values. do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) what is the plug variable? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
To create the pro forma statements and reconcile them, we need to understand the concept of a plug variable.
In financial forecasting, a plug variable is used to balance the pro forma statements. It is an amount that is adjusted to ensure that the assets and liabilities on the balance sheet are equal. In this case, since the company has predicted a sales increase of 20 percent, all items on the balance sheet are expected to increase by the same percentage.
To calculate the plug variable, we need to determine the total increase in assets and liabilities due to the predicted sales increase. Let's go through the steps:
1. Calculate the total increase in assets: Multiply the current assets by 20% to find the increase in assets.
2. Calculate the total increase in liabilities: Multiply the current liabilities by 20% to find the increase in liabilities.
3. Compare the total increase in assets and liabilities. If they are equal, then no plug variable is needed. However, if they are not equal, we need to find the plug variable to balance the balance sheet.
4. To find the plug variable, subtract the total increase in liabilities from the total increase in assets. The result will be the plug variable.
5. Round your answer to the nearest whole number, as specified in the question.
By following these steps, you will be able to determine the plug variable needed to reconcile the pro forma statements.
Know more about financial forecasting here:
https://brainly.com/question/29393913
#SPJ11
TOPIC: Food Costing
A predetermined percentage used in costing a recipe to
account for costs that are too small to measure is known as the
________.
The "overhead factor" or "overhead percentage" is a predetermined percentage used in recipe costing to include small, unmeasured expenses.
The "overhead factor" or "overhead percentage" is the predetermined percentage used in recipe costing to account for expenditures that are too small to assess. This component enables the inclusion of ancillary expenses that are challenging to estimate separately, such as tiny quantities of seasonings, garnishes, and other minor ingredients. These unmeasured costs can be accounted for in the overall recipe cost by adding an overhead factor to the total cost of the measured elements. In order to ensure that all costs are taken into account when calculating the precise cost of a recipe, the overhead factor is often set based on industry norms or the particular practices of the establishment.
Learn more about Food Costing here:
https://brainly.com/question/32079949
#SPJ11
"
Which of the following changes would shift the long-run aggregate supply curve? a change in the wage rate paid to labour in the economy a change in technology in the economy a change in the cost of oi
"
The long-run aggregate supply curve is the graphical representation of the relationship between the price level in the economy and the aggregate supply of output produced by the firms in the long run. The long-run aggregate supply curve is assumed to be vertical in the long run as it depends on factors
that affect the production capacity of the economy in the long run. These factors include changes in technology in the economy, the wage rate paid to labor in the economy, and the cost of production in the economy. A change in the wage rate paid to labor in the economy will shift the long-run aggregate supply curve. A higher wage rate increases the cost of production, reducing the incentive to produce, and shifting the curve to the left. On the other hand, a lower wage rate reduces the cost of production, increasing the incentive to produce, and shifting the curve to the right. Therefore, a change in the wage rate paid to labor in the economy will shift the long-run aggregate supply curve.
To know more about representation visit:
https://brainly.com/question/27987112
#SPJ11
The required return is the financial return necessary to
encourage an investor to sell an asset.
True or False
False: "The required return is the monetary return required to motivate an investor to sell an asset."
The required return is the minimum amount of profit that an investor needs to gain in order to make an investment in a project or business venture worthwhile. It is also known as the hurdle rate or the minimum acceptable rate of return (MARR).
When investing in a firm or endeavor, investors anticipate receiving a minimum rate of return, often known as a hurdle rate or needed rate of return. The needed rate of return is used to assess a project or business venture's appeal and decide whether it is worthwhile to invest in.
An investor will only invest in a project or business venture if the expected rate of return is equal to or greater than the required rate of return. If the expected rate of return is less than the required rate of return, then the investor will not invest in the project or business venture.
To Know more about monetary return
https://brainly.com/question/32973434
#SPJ11
Please explain how likely it is that the change in the trend in
remote work affects job mobility and internal migration.
Remote work is gradually becoming a preferred means of work arrangement.
The outbreak of the Covid-19 pandemic has made remote work more necessary. Due to the trend in remote work, employers are becoming more tolerant of employees who are not physically present at the office, and they are beginning to realize that productivity does not require physical presence.
It is expected that the change in the trend in remote work will lead to job mobility and internal migration. Since remote work does not require employees' physical presence, it will help employees escape geographical limitations and apply for work from any part of the world.
This will result in job mobility as employees can take up jobs from any part of the world and work for companies in another region or country.
More so, internal migration is possible due to remote work.
Individuals can work remotely while living in a place far from their employers. People no longer have to move from one region to another to access job opportunities.
Remote work allows employees to work from any location, and employers can still access their expertise.
Remote work is an effective means of job mobility and internal migration.
It provides employees the opportunity to access job opportunities from different parts of the world, while also allowing them to live and work in a location of their choice.
It is expected that this trend will continue to grow, leading to more job mobility and internal migration.
To know more about pandemic visit:
https://brainly.com/question/28941500
#SPJ11
