Lucas's cash coverage ratio, given the net income, interest expense, and the other expenses to Lucas Company, is 9. 47
How to find the cash coverage ratio?The cash coverage ratio is an accounting metric that assesses a company's ability to cover interest costs and determine whether there are enough resources on hand to cover both interest costs and make a profit. It is is presented as a ratio of the cash available to the amount of interest to be paid, and it is useful for calculating the amount of cash available to pay for a borrower's interest expense.
To find the cash coverage ratio to Lucas Company, the formula is:
= Earnings before interest and tax / interest expenses
Earnings before interest and tax = $ 309, 600
Interest expense = $ 32, 700
The cash coverage ratio is :
= 309, 600 / 32, 700
= 9. 47
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an investor purchases a long call at a price of $3.10. the strike price at expiration is $47. if the current stock price is $47.10, what is the break-even point for the investor?
The Break-even call price for the investor is $50.10.
The term "break-even price" refers to the point at which a change in value merely covers the initial investment or expense made by an individual.
The break-even price for an options contract is the level at which underlying security reaches the point when it covers the cost of an option's premium. In the context of manufacturing, the term "break-even price" refers to the point at which the price at which a product is sold is equal to the cost of producing that product. It is common practice to utilise break-even pricing as a competitive tactic in the pursuit of increased market share; yet, this pricing approach can give the impression that the product in question is of poor quality.
Break-even price = Call premium + Strike price
In the ques, it is given that
Call premium = $3.10 and
Strike price = $47
Thus,
Break-even price = Call premium + Strike price
= 3.10 + 47
= $50.10
Thus, the Break-even price is $50.10.
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which price index measures the average price for a basket of goods purchased by a typical american consumer?
Consumer price index measures the average price for a basket of goods purchased by a typical american consumer.
The monthly change in prices paid by American consumers is tracked by the Consumer Price Index (CPI). The CPI is calculated by the Bureau of Labor Statistics (BLS) as a weighted average of prices for a selection of products and services that is indicative of total consumer spending in the United States.
One of the most widely used indicators of inflation and deflation is the CPI. In contrast to the producer price index (PPI), which tracks changes in the prices paid to American producers of goods and services, the CPI report employs a different survey methodology, price samples, and index weights. The frequently cited CPI is based on an index that accounts for 93% of the U.S. population, while cost-of-living adjustments to government benefits are made using a comparable index that accounts for wage earners and clerical workers. The CPI is based on roughly 94,000 price quotes that are gathered each month from about 23,000 retail and service businesses and 43,000 rental housing units. To calculate the change in shelter expenses, including those for owner-occupied housing, which makes up about a third of the CPI, housing rentals are used.
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Which of the following statements is true about delegation of authority in the context of an organization?
A.It does not relieve a superior of accountability for a delegated job.
B.It does not give employees the power to make decisions about using resources to accomplishassigned tasks.
C.It does not hold an employee to whom the authority was delegated accountable for the results of atask.
D.It is meant to put additional pressure and burden on managers who are delegating tasks tosubordinates.
E.It is a concept popular only in small businesses and sole proprietorships
It does not relieve superior of accountability for delegated job is true about delegation of authority in context of organization.
What is accountability?When it comes to ethics and governance, accountability is synonymous with answerability, blameworthiness, culpability, and the requirement that an explanation be provided. It has been at the center of discussions relating to issues in the public sector, nonprofit, private (business), and individual contexts, just as it is in a governance-related aspect. Accountability in leadership positions refers to the recognition and assumption of responsibility for actions, products, decisions, and policies, as well as the administration, governance, and implementation within the parameters of the role or employment position, and it includes the duty to report, explain, and be held accountable for any consequences. Beyond its original meaning of "being held responsible for one's conduct," accountability in governance has evolved significantly. In other words, if there is no accounting, there is no responsibility. Good accounting processes are a must for accountability.
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countries such as japan and germany are characterized as being in which stage of rostow's five-stage model of economic growth?
Countries such as Japan and Germany are characterized as being in the fifth stage of Rostow’s five-stage model of economic growth.
Economic growth can be described as the boom or development in the inflation-adjusted market price of the products and services produced through an economic system over a sure period of time. Statisticians conventionally degree such boom as the percent rate of increase in the real gross domestic product, or real GDP.
Boom is usually calculated in real phrases – i.e., inflation-adjusted terms – to put off the distorting effect of inflation on the charges of goods produced. size of financial increase uses country-wide income accounting. since the economic boom is measured as the annual percent alternative of gross domestic product (GDP), it has all the benefits and downsides of that measure. The economic increase-charges of nations are normally as compared to the usage of the ratio of the GDP to population (per-capita income).
The "charge of financial growth" refers back to the geometric annual charge of growth in GDP among the primary and the closing 12 months over a time period. This boom rate represents the trend inside the common stage of GDP over the duration and ignores any fluctuations inside the GDP around this fashion.
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Sometimes fad diets exclude one food group such as most dietary carbohydrates and most dietary fat. Which of the following reason(s) best describe why it's not a good idea to drastically limit dietary carbohydrates?
carbohydrates provide a readily available form of glucose to fuel brain activity
carbohydrates provide the bulk of dietary fiber in your day
carbohydrates provide the bulk of muscle building components
carbohydrates provide glucose to fuel brain activity and dietary fiber
According to the research, the correct answer is Option A. The statement "carbohydrates provide a readily available form of glucose to fuel brain activity " describes why it's not a good idea to drastically limit dietary carbohydrates.
What are carbohydrates?They are molecules of three or more carbon atoms, combined with hydrogen and oxygen in a ratio of two hydrogen atoms to one oxygen, and their dietary intake is derived to obtain energy.
In this sense, this energy can be used immediately or stored to support health and brain activity, the most important of which include glucose, which is oxidized for energy, and large molecules of starch, cellulose, and fiber.
Therefore, we can conclude that according to the research, carbohydrates are essential since the energy they provide allows the development of muscular and brain activity.
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the amount of money that a wheat farmer could have earned if he had planted barley instead of wheat is a. an implicit cost. b. an accounting cost c. forgone accounting profit. d. an explicit cost.
The amount of money that a wheat farmer could have earned if he had planted barley instead of wheat is an implicit cost.
A farmer is someone who does agriculture, cultivating organisms for food or raw resources. People who grow fields, orchards, vineyards, poultry, or other livestock often fall under this definition. A farmer can own farmland or work as tenants on property owned by others.
In most industrialized countries, a "farmer" is usually the owner of a farm, while those who work on the farm are called "agricultural workers". However, in some previous definitions, a farmer was someone who employed and cared for the promotion or improvement of the growth of crops, land or crops, or livestock.
Hence the correct option is A.
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Which of the following choices is a way that big data and data science can help today's marketer? Big data has been useful in determining what other companies a firm should merge with to be a more effective marketer O Data science has helped simplify promotional decisions because it has shown that simple promotions reaching large audiences work the best. d. Real-time inventory management often helps marketers plan promotional campaigns that are more effective. Big data can help firms react to market conditions more quickly, leading to optimized pricing practices. O The use of big data helps in marketing decision making because it keeps marketing information more "pure" by eliminating other business units from the marketing decision-making process.
The way that big data would be able to help todays marketer is: d. Real-time inventory management often helps marketers plan promotional campaigns that are more effective. Option D.
What is meant by big data?Big data is defined as data that is either impractical or impossible to process using conventional techniques because it is so huge, quick, or complex. Large-scale data access and storage for analytics has been practiced for a very long time.
Big data is derived from a variety of sources, including customer databases, transaction processing systems, documents, emails, medical records, clickstream logs on the internet, mobile apps, and social networks.
The following are some ways that big data could assist modern marketers: d. Marketing professionals frequently use real-time inventory management to create more successful promotional efforts.
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project management differs from management of more traditional day-to-day activities because:project management differs from management of more traditional day-to-day activities because:it has an unlimited budget.it involves more of the workforce.it is more expensive.it has limited time frame.
Project the executives are tied in with finishing venture targets under a decent spending plan in a restricted time allotment and acknowledgment standards, though everyday administration is tied in with managing or controlling things or individuals. A. it has a limited time frame.
The Project Management Institute (PMI) characterizes project the board as a transitory cycle to make extraordinary items, administrations, or results. Tasks the board, then again, is a continuous movement that produces dull and long haul yields like assembling items, providing administrations, etc
Traditional Project Management (TPM) is indicated when there is a clear goal and a clear solution. Avoid Cost is a legitimate success criterion for delivering business value. Agile Project Management is a linear approach. Effective project management is a one-size fit approach.
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which reports provide an internal report that highlights situations occurring outside of the normal operating range for a condition or standard?
Summary internal reports provide an internal report that highlights situations occurring outside of the normal operating range for a condition or standard.
internal reportsInternal reports are reports created by the management accountant and presented to various levels of management for the purpose of planning and control. Internal reports can be classified into the following categories.
Internal reporting is used by large corporations to make a range of management choices, and small businesses may profit from it as well. Internal reporting is assigned to a single employee in certain organizations, while it is required of all employees in others.
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each time the stock of a company trades on the exchange, the company receives additional money. group startstrue or false
False, each time the stock of a company trades on the exchange, the company do not receive additional money.
What is company ?A legal entity is a type of company structure that is a separate legal entity from its owner. This is a complex company structure, with additional reporting requirements and invalid legal obligations making it expensive to set up and manage.A company is a legal entity formed by a group of individuals to conduct and operate a commercial or industrial business. A company can be organized in several ways for tax and financial liability purposes, depending on the corporate law of its jurisdiction.A company is a legal entity or legal entity established under the Companies Act.It may be a limited or unlimited company, a private or public company, a limited liability company or company with share capital, or a company of common interest.To learn more about company from the given link :
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tasha loves to shop at macy's. she can scan jessica simpson bar codes with her mobile shopping app and check prices and availability in macy's and other stores at the same time. to which shopping segment does tasha belong?
Tasha belongs to a shopping segment of omni-channel shoppers.
In a nutshell, omni-channel retail (also known as omnichannel commerce) is a multichannel sales technique that focuses on offering seamless customer experiences, whether the customer is purchasing online via a mobile device, on a laptop, or in a brick-and-mortar store.
73% of all customers use various channels while making a purchase, according to Harvard Business Review. According to the State of Commerce Experience 2021, over half (44%) of B2C consumers and 58% of B2B purchasers say they regularly or always conduct online product research before visiting a physical retailer. They will continue their study online even when they are in a store.
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the retail price of a golf club is 506.00 . of the golf store has marked up the price by 46.00 , what is the markup rate?
1,100 % is the markup rate,the retail price of a golf club is 506.00 . of the golf store has marked up the price by 46.00
The price a client will pay to purchase a product from a retail store is known as the retail price. Customers pay this amount as the ultimate cost of the goods they buy. The MSRP, or Manufacturer Suggested Retail Price, is the amount that the automaker, or manufacturer, advises the dealer to charge for the vehicle. It is not necessary for it to be the exact cost you incur. Many customers bargain to get the car for less than the MSRP. The price at which a commodity is currently being sold in the market is its trading price, which is often referred to as the market price. The price at which a share is bought or sold in the stock market at a particular moment in time, as it relates to trading.
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1) _____________ are justifiable claims that utility cannot override.
Group of answer choices
obligations
standards
rights
entitlements
2) This model of management morality suggests that employees are factors of production to be used, exploited, and manipulated for gain of individual managers or the company.
Group of answer choices
Moral Management
Amoral Management
Immoral Management
Nonmoral Management
1) RIGHTS are justifiable claims that utility cannot override.
Not be harassed or discriminated against (treated less favorably) because of race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, disability, age (40 or older) or genetic information (including family medical history).
Receive equal pay for equal work.
Receive reasonable accommodations (changes to the way things are normally done at work) that are needed because of their medical condition or religious beliefs , if required by law.
Expect that any medical information or genetic information that they share with their employer will be kept confidential.
Report discrimination, participate in a discrimination investigation or lawsuit, or oppose discrimination (for example, threaten to file a discrimination complaint), without being retaliated against (punished) for doing so
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Which of the following statements about self-interest in a market system is false?
a. Self-interest applies to workers and businesses, not to consumers or the government.
b. In a market system, self-interest is the motivating force.
c. Self-interest of entrepreneurs implies seeking maximum profits or minimum losses.
c. Self-interest usually motivates an individual to deliver something of value to others.
Self-interest only belongs to capitalists and businesspeople; it does not apply to employees of other companies.
What exactly is a market?A market is a gathering place for both buyers and sellers where they may exchange products and services. Marketplace might be real-world, like a real shop, or digital, like that of an authorized retailer.
What has the market beat?"Beating the market" refers to an investor or business achieving greater returns than the industry average. A commercial entity may have produced a return with only an investment portfolio over a specified period of time, for instance a year, that exceeds the returns of the a market benchmark like the S&P 500.
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The complete question is-
Which of the following statements about self-interest in a market system is false?
(a). Self-interest applies only to capitalists and entrepreneurs, not to workers employed by others.
(b). In a market system, consumers are just like firms: self-interest is what motivates them.
(c). Self-interest usually motivates an individual to deliver something of value to others.
(d). Self-interest of entrepreneurs implies seeking maximum profits or minimum losses.
in mediation, the mediator proposes a solution and makes a decision resolving the dispute. T or F
The correct answer is FALSE in mediation, the mediator proposes a solution and makes a decision resolving the dispute.
The warring parties must be encouraged by the mediator to give in to their demands. A mediator helps disputing parties come to an agreement by encouraging them to discover common ground. A mediator helps, in particular, by connecting opposing viewpoints to a compromise. In a mediation, the parties meet with a third party who is neutral and objective and who helps them negotiate their disagreements. Through mediation, a negotiated solution is facilitated by a neutral third party with no decision-making authority. The most popular type of ADR is mediation, which is currently acknowledged as one of the quickest and most economical ways to resolve a disagreement.
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Value-based pricing is the reverse process of ________ pricing.
Value-based pricing is the reverse process of cost-based pricing.
What is cost-based pricing?Cost-based pricing is a pricing method based on the costs of producing, manufacturing, and distributing a product. Basically, The price of a product is determined by adding a percentage of the manufacturing cost to the selling price to make a profit. This approach regularly results in prices that deviate from the market price, Causing the company to either be too high to attract customers or too low to lose profits that customers are willing to pay. A pricing approach used by businesses to determine the selling prices of goods and services is cost-based pricing. Companies can set pricing using this strategy in accordance with the costs associated with producing goods or rendering services.
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alma is preparing a presentation about her department's budget to make to the company president. she wants to use a visual representation of the budget that shows parts in relation to the whole. alma should consider using a
She wants to utilize a graphic that illustrates the budget's components in connection to one another. Alma ought to think about utilizing a pie chart.
Describe a budget:You can determine how much you will invest each month by creating a written budget. Making a budget will allow users to make ensure you have money each month. Without a budget, you may experience financial difficulty during your next pay period. That however much revenue you make is shown by your budget.
What makes it a budget?Budget are derived from " Old French word bougette, which means "small sack." The British treasurer of the Exchequer is referred to as "opening" his budget, or container of documents when he provides his annual financial statement, and accounts.
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a california limited liability partnership is a separate legal entity which can: a. be a party to a lawsuit in its own name. b. enter into a contract in its own name. c. file a federal tax return in its own name. d. all of the above.
A California limited liability partnership is a distinct legal organisation that is able to sign contracts and participate in legal proceedings under its own name. Hence, Options A and B are correct.
A partnership is a contract wherein parties, also referred to as business partners, decide to work together to further their shared objectives. A partnership may have one or more individuals, corporations, nonprofits, educational institutions, governmental bodies, or other entities as partners.
A partnership firm is one that, by definition, comprises of two or more individuals pooling their resources to create a company and deciding to split the risks, rewards, and losses.
Examples of common partnership businesses include law firms, medical groups, investment real estate companies, and accountancy groups.
A limited liability partnership in California is a separate legal entity with its own legal name and the authority to enter into agreements and take part in court cases.
Therefore, Options A and B are correct.
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Module One Discussion Assignment
Assignment:Read Case #20 Robin Hood (page C-362 text) and then answer the following: Since you are the most trusted (and most educated) advisor to this "CEO", with knowledge about crafting and implementing effective strategies; he has called upon you to advise him on how to proceed in light of the situation (discussed in the case). The "CEO" (Robin in this case) is expecting the following (do or die; soâ¦.prepare your answers in detail):
List and explain the key issues that must be addressed (minimum of 4*).
List the current mission statement and discuss why the mission must shiftâor justify why the current mission serves this " organization." If the mission must shift, establish the new mission statement and provide the argument to justify your proposed new mission. (Carefully evaluate this section, since it sets the tone for all other areas of analysis.) Further, discuss the vision that must be established.
Prepare a SWOT analysis (minimum of 4* elements) for each component, with explanations for each; include in the "T" section the "ultimate threat").
Develop a list of specific performance objectives along with the criteria to measure each (minimum of 4*). Prioritize this list and provide the recommendations on how to implement each, detailing the action plan for this " organization" to pursue.
One of Robin Hood's advantages is that he can connect with common people. The fact that Robin is already despised by the wealthy due to stealing from them is a weakness of his leadership.
The Robin Hood's general manager (see CEO) and his or her immediate reports are typically included in the very limited group of the most powerful executives at the top of an organisation. The phrase refers to a grouping of, say, the top 3–10 executives rather than a codified management structure.
The research demonstrates that the top team has a higher impact than the top executive, regardless of whether top executive personal traits are a better indicator of organisational success.
He is also not related to any royalty, hence he lacks the necessary leadership skills. Robin, in my opinion, would be an uneven leader who favoured one side over the other.
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of the potential causes of differences between cash flow from operations and net income, which are the most
Of the potential causes of differences between cash flow from operations and net income, the most important to financial analysts is "Different Methods of Preparing Cash Flows and Income Statement".
What is an Income Statement?The income statement is a crucial component of the corporate performance reports that must be presented to the U.S. Securities and Exchange Commission (SEC). The income statement details earnings over a certain time period, whereas a balance sheet gives a snapshot of a company's finances as of a particular date. Profits, losses, gains, and expenses are the four main components of the income statement. It doesn't distinguish between cash and non-cash revenues or between cash and non-cash revenues or disbursements (purchases in cash vs. purchases on credit). Following the computation of net income and ultimately earnings per share, it begins with the specifics of the sales. In essence, it describes how the company's net sales is converted into net earnings (profit or loss).
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Question:
Of the potential causes of differences between cash flow from operations and net income, which are the most important to financial analysts? (Select all that apply.)
- Changes in Management of Operating Activities
- Changes in Revenue and Expense Recognition
- Different Methods of Preparing Cash Flows and Income Statements
suppose that instead of each farmer in an area owning a specific parcel of land, all farmland is pooled together. the profits that remain from all of the pooled farmland is divided among all of the participating farmers equally. which is the most likely consequence of a property right system like this being used?
A property right structure like this would most certainly result in free riding from multiple farmers on the land.
How Do Property Rights Work?The definition of property rights appears to be relatively simple at first. Property rights, whether intangible or physical, are what we refer to as a right to certain property. Property rights are often crystal clear. If you possess a vehicle and have a title in your name, you are the rightful owner of the property rights to drive, sell, lend, lease, or scrap the vehicle.
What makes property rights so crucial?They enable governments to collect property taxes, which are required to finance the provision of infrastructure and services to citizens, and they give individuals and businesses the confidence to invest in land. They also permit private companies to borrow money using land as collateral to create more job opportunities.
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the process of coordinating the promotion mix elements and synchronizing promotion as a unified effort is known as multiple
communications for integrated marketing and Multiple promotion is the process of integrating the elements of the promotion mix and synchronizing promotion as a coordinated effort.
Why Sales promotion is essential?This is justified since it entails the intentional integration of items from the promotion mix, such as;
publicizing sales initiatives
PR, direct marketing, and personal selling
By doing this, a business decides what to say, how to say it, who to say it to, how to reach them, and how frequently to communicate about its products and services.
This is a comprehensive strategy for communicating product promotion to customers in marketing.
Used to create seamless consumer experiences in both offline and online environments.
Applicable to direct marketing, mass marketing, and one-to-one marketing
It includes sales promotion, public relations, and advertising.
This is done to draw clients and increase sales.
This can reach a lot of clients through a variety of channels.
It can draw all kinds of clients.
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______ is an example of U.S. consumption expenditure.
Your purchase of a flight on American Airlines
B.
The payment of unemployment benefits paid to households
C.
Tuition paid by a student from Hong Kong to a university in Virginia
D.
The addition of flowers to a florist's inventory in anticipation of Valentine's Day
The correct response is A. Your purchase on American Airlines flight is an example of U.S. consumption expenditure. the total of the cost of one or more goods or services multiplied by the cost per item bought.
Spending money on something or having money spent on something is referred to as an expenditure. An expense recognizes the consumption of a cost, but an expenditure indicates the disbursement of funds. This is the primary distinction between an expense and an expenditure. Typically, an expense is acknowledged when a connected transaction is made or when the object in question is no longer useful. The term "cash expenditures" refers to all cash payments made during a given fiscal year (aside from distributions to partners), including, but not limited to, operating costs and principal and interest payments on all partnership debt (aside from principal and interest payments on any subordinated debt).
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the information a buyer discovers while researching a product can greatly influence their purchasing decisions.
Marketing Communication is the information a buyer discovers while researching a product can greatly influence their purchasing decisions.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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when a grocery store negotiates witha supplier to deliver 150 cartoons of milk per day because they have measured that customers purchase 150 cartoons of milk per day this type of inventory is typically called
A grocery store negotiates with a supplier to deliver 150 cartoons of milk per day because they have measured that customers purchase 150 cartoons of milk per day this type of inventory is typically called raw materials and components.
An inventory or stock refers to the goods or merchandise that a business holds for the ultimate goal of resale, production or utilization. The capital raised by a company or corporation through the issue and buying of shares.
Competitive style negotiators pursue their own needs and expectations even when this means others suffers just like grocery store negotiates with a supplier to deliver 150 cartoons of milk.
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a manufacturer produces cell phones. she estimates that by selling them for x dollars each, she will be able to sell 240−2x each week. step 2 of 2 : determine what the maximum revenue will be.
Answer:
$7200
Explanation:
Let y be the number of phones sold, and x the price per phone. The revenue, R, would be the product of phones sold and their price:
R = y*x
We know that y = 240-2x.
The total revenue would be:
x*y or x*(240-2x)
Revenue(R) = 240x - 2x^2
We want to find the maximum of this function. This can be done with one of two methods: graphing and Differentiating. Both are described:
Graphing
Plot R = 240x - 2x^2 and look for the vertex. See the attached plot. The vertex is at (60, 7200), which means that a price of 60/phone would result in the maximum revenue of $7200.
Differentiate
The second approach is to differentiate the equation and set it equal to 0. Differentiation allows one to determine the slope of the function at any point x. When this function reaches its maximum, the slope goes from positive (going up) to negative (going back down). At the very top the slope is 0 for a value of x. Solving the differentiated equation for x will reveal the maximum point:
R = 240x - 2x^2
dR/dx = 240 - 4x
0 = 240 - 4x [slope of 0 at the maximum]
4x = 240
x = $60/phone, as before
From y = 240−2x we can find the total units sold at $60/phone
y = 240 - 2(60)
y = 120 phones sold
Total revenue at maximum would therefore be:
R = x*y
R = ($60/phone)*(120 phones) = $7200
granite stone creamery sold ice cream equipment for $10,800. granite stone originally purchased the equipment for $76,000, and depreciation through the date of sale totaled $63,500. what was the gain or loss on the sale of the equipment?
$3,000 was lost on the equipment's sale.
What are machinery and equipment?The two main tools and implements used in company operations are equipment and machinery (occasionally they are kept in different accounts). These could include computers, copiers, phone systems, and any other electronic equipment for a service business.
Equipment: Is it an asset?A fixed asset, also referred to as a noncurrent asset, is equipment. A noncurrent asset is a long-term investment made by your company that is unlikely to or does not easily convert to cash within an accounting year. Property, plant, and equipment are typically referred to as fixed assets (PP&E).
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atlantic control company purchased a machine 2 years ago at a cost of $70,000. the machine is being depreciated using simplified straight-line over its 7-year class life. the machine would have no salvage value at the end of year 7, but could be sold now for $40,000. a new replacement machine can be purchased for $80,000. the new machine would be depreciated over 5 years. rapidly changing technology has necessitated this project. delivery and installation charges will amount to $10,000 and net working capital investment of $5,000 will be required at installation. the new machine will not increase sales, but will reduce operating costs by $20,000 per year. the firm's marginal tax rate is 35%. what is the initial outlay for the project? group of answer choices
The initial outlay for the project is -$51,500.
What is initial outlay ?The first investments required to start a certain project are referred to as an initial outlay. As an illustration, in order to start a new plant, a business would need to buy new land and equipment.
Accumulated depreciation = depreciation per year for 2 years
=$10,000 * 2
=$20,000
Net book value of old machine = Purchase cost - Accumulated depreciation
=$70,000 - $20,000
=$50,000
The salvage value is $40,000
Gains / (loss) on sale of old machine = Salvage value - Net book value of old machine
=$40,000 - $50,000
=($10,000)
tax rate= 35%
Tax shield on sale of old machine = loss on sale of old machine ×Tax rate
=$10,000 × 35%
=$3,500
Cash inflow on sale of old machine = Salvage value + Tax shield on sale of old machine
=$40,000 + $3,500
=$43,500
purchase cost new machine $80,000
delivery and installation charges $10,000
net-working capital requirement at beginning of project is $5,000
Cash outflow at start of the project = Purchase cost of new machine + Delivery and installation charges + net-working capital requirement
=$80,000 + $10,000 + $5,000
=$95,000
initial outlay = Cash inflow on the sale of the old machine - Cash outflow at the start
=$43,500 - $95,000
= -$51,500
Thus initial outlay is -$51,500
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compensating differentials lead to: a. equal salaries for equal levels of human capital. b. higher salaries for more unpleasant jobs. c. lower salaries for more unpleasant jobs. d. incomes based solely on productivity.
Compensating differentials lead to higher salaries for more unpleasant jobs. Hence, option (b) will be regarded as suitable.
Give a brief account on Compensating differential.In labor economics, the phrase "wage differential" is used to describe how the compensation rate and the unpleasantness, danger, or other unfavorable characteristics of a given employment relate to one another.A compensating differential, also known as a compensating wage differential or an equalizing difference, is the extra pay that must be provided to a worker in relation other chores the employee may complete to persuade them to accept a specific undesirable job.
It is also possible to mention the compensating differential for a job that is especially appealing or provides special benefits, but in this case the differential would be negative, indicating that a particular worker would be prepared to accept a lower wage for a position that is especially appealing relative to other positions. The concept of compensating differentials has been applied to analyze a variety of problems, including the risk of future unemployment, the risk of injury, the risk of unsafe sexual activity, the monetary value that employees place on their own lives, and the explanation of geographical wage differences.
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if there is a cash shortage, the company borrows money. if a surplus occurs funds are used to repay loans or to invest in short-term assets. all borrowing, repayments, and interest payments occur on the last day of the month. the interest rate is 1% per month. the amount of interest expense incurred for january is:
On the final day of the month, $3,000 would be lent. As a result, the Company had no debt in January, therefore there was no interest expense during that month as well.
What exactly is business interest?The cost a company charges a lender (creditor) for a loan is called interest. Although many other arrangements are available, interest payments are typically based on the remaining balance of a loan & paid on a monthly basis. At a predetermined interest rate, interest is often computed like a percentage of a loan amount.
What is the primary motivation for interest?An interest rate indicates how expensive borrowing is or how lucrative saving is. Therefore, if you are a lender, the interests rate is the sum you pay for borrowing money and is expressed as a proportion of the total loan amount.
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