The profit per Lube for Shop A is $8.31.
What is the profit per unit?The profit per unit can be obtained by subtracting the cost of the product from the sale price.
Data and Calculations:Sales price per oil change = $275
Gross profit percent per oil = 39.1%
Cost of oil per gallon = $21.25
Selling price per gallon = $29.56 ($21.25 x 1.391)
Gross profit = $8.31 ($29.56 - $21.25)
Thus, the profit per Lube for Shop A is $8.31.
Learn more about profits at https://brainly.com/question/1078746
Mention the things should be considered while selection of profession and formation of plan.
There are several factors that must be considered when choosing a profession and forming a career plan, such as the personality and interests of the individual.
How to choose the ideal profession?It is essential that the student does in-depth research on the fields of greatest interest, seeking support from sources that explain the professional area, responsibilities and development. It is also helpful to ask yourself a few questions, such as:
What are your interests?What are your skills?How is your personality?What academic training is required?Therefore, the choice of the appropriate profession must be personal and conducted in a consistent manner, as this choice will impact on different areas of the individual's personal and professional life.
Find out more about career path here:
https://brainly.com/question/6947486
Describe and evaluate the elements of the carrying cost of inventory and how it relates to inventory levels and capital investment. How does ABC inventory stratification affect the carrying cost equation
1. The elements of the carrying cost of inventory include the following:
Capital costInventory service costInventory risk costStorage space cost.2. The relationship between the carrying cost of inventory and the inventory levels and capital investment is shown by the Economic Order Quantity (EOQ) Model.
The EOQ model defines that there will be an increased carrying cost of inventory when the inventory order is above the EOQ level, which also results in increased capital investment for the purchase of inventory that is kept in stock for a long period.
Thus, the carrying cost of inventory and the inventory levels and capital investment have a linear relationship. When one element increases, the other two elements will also increase.
3. ABC Inventory stratification helps management to reduce the carrying cost equation since it divides the inventory into many classifications to ensure the matching of inventory levels based on their annual requirements or demand.
What is inventory?Inventory refers to the stock of goods that a company holds at the end of the trading period because it has remained unsold to outside parties.
Inventory is one of the current assets used in determining the current ratio.
Learn more about inventory carrying costs at https://brainly.com/question/16395657
In case of futures, the counterparty guarantee provided by the exchange.(True/False)
(True)
Hace a nice day and i hope it helps!!
The Chief Strategy Officer for Miles Corporation is putting together a presentation using the Boston Consulting Group Matrix. The corporations pet products division has a low market share, but the pet products market is growing rapidly. This division should be placed in the _____________ quadrant of the BCG Matrix.
Cash cow
kitten
star
question mark
dog
The quadrant that the division on pet products should be placed on the BCG Matrix is the Question Mark.
What is the Question Mark quadrant?Companies and divisions that are put in the question mark quadrant of the BCG matrix are in markets that have a high rate of growth.
This hight rate of growth is however countered by the low market share that the division or company has much like the pet products division described above.
Find out more on the BCG matrix at https://brainly.com/question/10873122.
Which of the following prints money to
be used in the U.S. market?
A. Member Banks
B. Federal Reserve Banks
C. Federal Open Market Committee
D. National Bank
Answer: The answer is C
Answer:
C. Federal Open Market Committee
When a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all of the following EXCEPT
the periodic interest to be paid on the bonds.
the call price of the bonds.
the face amount of the bonds.
the market rate of interest.
When a corporation issues bonds, the price that investors are willing to pay for the bonds depends on all the following except the call price of the bonds. Thus, option second is correct.
What is bonds?A bond is a debt made by an investor to a borrower, such as a corporation or the government. The borrower utilizes the funds to support company activities, while the investor earns interest on his or her investment. A bond's market value might fluctuate over time.
Supply and demand, time to maturity, and credit quality are the three key effects on bond price on the open market. Bonds with lower prices have greater yields. Investors should also be mindful of how a call feature affects bond pricing.
The call price (sometimes known as the "redemption price") is the price at which an issuer has the right to purchase back a callable instrument from an investor or creditor. Call prices are frequently seen in callable bonds or callable preferred stock. Hence, option second is correct.
Learn more about bonds here:
https://brainly.com/question/17405470
#SPJ12
Economic significance of the stages of production
Simplify by combining like terms. (a) 6x+8x
Answer:
14x
Explanation:
6+8=14
6x+8x=14x
If you were opening a savings account with compound interest, would you prefer an account that offers annual compounding, quarterly compounding, or daily compounding? Why? (3-6 sentences. 2.0 points)
Answer:it is B
Explanation:its the mosr resonable
Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends. However, investors expect Computech to begin paying dividends, beginning with a dividend of $0.75 coming 3 years from today. The dividend should grow rapidly - at a rate of 49% per year - during Years 4 and 5, but after Year 5, growth should be a constant 10% per year. If the required return on Computech is 18%, what is the value of the stock today? Do not round intermediate calculations. Round your answer to the nearest cent.
If the required return on Computech is 18% the value of the stock in today's calculation is $11.77
What is the growth rate of a stock?
This is the percentage change of the stock based on the annualized growth rate over a period of time.
D3 = $0.75
D4 = 0.75 x 1.49 = $1.1175
D5 = 1.1175 x 1.49 = $1.665075
D6 = $1.665075 x 1.10 = $1.8315825
At a growth rate of 10 percent
[tex]\frac{D6}{R-G}[/tex]
1.8315825/0.18-0.10
= $[tex]\frac{0.75}{1.18^3} +\frac{1.1175}{1.18^4} +\frac{1.665075}{1.18^5} +\frac{22.89478125}{1.18^5} \\[/tex]
= 0.456473 + 0.576394 + 0.7278196 + 10.0075198
= $11.77
The value of this stock today is $11.77
Read more on stocks here: https://brainly.com/question/25818989
Dividends
Question 3 Attached
Which statement below accurately describes Hope’s gross wages?
Is Starbucks bucking the trend of other food-service stores?
Growland is a country that trades only with Canada. Last year, the value of exports from Growland to Canada was $200 million. Growland also
imported $600 million worth of goods from Canada. Based on this information, which of these statements is true?
Answer:
growling imports 400million good in trade than Canada
Gathering testimonials when preparing for a sales presentation can be helpful in overcoming customer
Answer:
objections
Explanation:
salespeople should
know the product's benefits
making a presentation around what the customer wants
gathering customer reviews
quizletcom250953849mgmtchapter16learnsmartflashcards
What are the main goals of Fiscal Policy?
Answer:
In economics and political science fiscal policy is the use of government revenue collection and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorized that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation and to increase employment. Additionally, it is designed to try to keep GDP growth at 2%–3% and the unemployment rate near the natural unemployment rate of 4%–5%.This implies that fiscal policy is used to stabilize the economy over the course of the business cycle.
Explanation:
hope this helps if not please let me know
The main goals of fiscal policy are it is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.
What is fiscal policy?Fiscal policy is defined as the policy under which the government uses the instrument of taxation, public spending and public borrowing to achieve various objectives of economic policy. Simply put, it is the policy of government spending and taxation to achieve sustainable growth.
Fiscal policy is often contrasted with monetary policy which is regulated by the central bank. It is largely inspired by the ideas of British economist John Maynard Keynes whose theories were developed in the response to the Great Depression and were hugely influential in the formulation of the New Deal in the U.S. that aimed at huge spending for public projects and social welfare development.
When policymakers want to influence the economy, they mainly have two tools at their disposal, Monetary policy and Fiscal policy.
Learn more about fiscal, here:
https://brainly.com/question/11567873
#SPJ7
In a market economy, which of the following is NOT an accepted role of government?
A
protecting consumers
B
enforcing property rights
C
controlling production and consumption
D
providing for national defense
Answer:
providing for national defense
Explanation:
yes
In a company's first year in operation, it made an annual profit of \$379,000$379,000. The profit of the company increased at a constant 27% per year each year. How much total profit would the company make over the course of its first 16 years of operation, to the nearest whole number
The amount of total profit that the company would make over the course of its first 16 years of operation is $62,885,046.
What is future value?The future value of the profits earned over 16 years can be computed as the first year's profit of $379,000 multiplied by the future value annuity factor at 27% for 16 years.
Alternatively, the future value can be computed using an online finance calculator as below.
Data and Calculations:N (# of periods) = 16 years
I/Y (constant increase in profit per year) = 27%
PV (Present Value) = $0
PMT (Periodic Payment or Annual profit in the first year) = $379,000
Results:FV = $62,885,046.22 ($6,064,000 + $56,821,046.22)
Sum of all periodic payments = $6,064,000 ($379,000 x 16)
Constant increase in profit = $56,821,046.22
Thus, the amount of total profit that the company would make over the course of its first 16 years of operation is $62,885,046.
Learn more about future value at https://brainly.com/question/24703884
What button is used to format table text to make it interesting
Answer:
The table style 'Shading' button.
Question 1
Which of these is a main feature of the market economy?
A. Restricted resource use
B. The profit motive
C. Governmental regulation
D. Lack of private ownership of resources
Answer:
B
Explanation:
Based on what you see in the Employee Complaint Log, what type of culture has HyrdoHealth been exhibiting?
Answer:
organization has a team oriented culture because it is collaborative and values teamwork and cooperation among employees.
Explanation:
hope this helps if not please let me know
_____ requires that employees actually learn the content of the training program and that the necessary conditions are in place for employees to apply what they learned.
The requirement that employees actually learn what they are trained on and can apply that training is known as Transfer of training.
What is transfer of training?This is a factor in human resource management that calls for employees to be able to transfer what they learnt in training, to their actual jobs.
For this to happen, the employees need to actually learn the content of training programs as well as operate in conditions that are necessary for them to apply what they learned.
Find out more on training at https://brainly.com/question/26821802.
Financial accounting
Answer:
What is the radius if the diameter is 12 meter
What is the final answer
Answer:
renewable resources = resources that can be replenished
nonrenewable resources = resources that are gone once they are used
producer = person who makes goods or provides services
consumer = person whose wants are satisfied by using goods and services
allocate = distribute
choice = option
1. What is the required reserve ratio? (1 point)
Othe deposits that commercial companies make in banks
O the amount of money a bank has to loan out
O the portion of a deposit that a bank must keep on hand
Othe ratio of commercial to personal loans that a bank makes
Answer: C. the portion of a deposit that a bank must keep on hand
Explanation:
Geer Corporation has had the following returns for the past three years, 10%, -9%, and 14%. Calculate its compound annual returns.
The compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
What is the compound annual return?The compound annual return of an investment is the annualized rate of return that considers the compound effect of the investment for each year.
The compound annual returns rate can be computed using an online finance calculator as below.
The computed rate can be applied to an imaginary investment amount to prove the mathematics as below.
Data and Calculations:N (# of periods) = 3 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = $1,000
PMT (Periodic Payment) = $0
Results:
FV = $1,141
Total Interest $141
Maths:
Year 1: $1,000 x 4.5% = $1,045
Year 2: $1,045 x 4.5% = $1,092
Year 3: $1,092 x 4.5% = $1,141
Proof:
Year 1: $1,000 x 10% = $1,100
Year 2: $1,100 x -9% = $1,001
Year 3: $1,001 x 14% = $1,141
Thus, the compound annual returns rate for Geer Corporation with the past three years' returns of 10%, -9%, and 14% is 4.5%.
Learn more about the compound annual returns at https://brainly.com/question/15326227
A popular, local coffeeshop in one of the suburbs of New York City (NYC) estimates they use 3,500 pounds of coffee annually. They have to determine how many pounds to order each time in order to minimize their total annual cost. a. Determine the optimal size of the order assuming an EOQ model with a holding cost of $10 per pound annually and an ordering cost of $100. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. The owner has recently opened another store of the same size in New York City; however, the demand for coffee is increased to 4,000 pounds annually, and the holding cost is $60 per pound. Those numbers are much higher as is the cost of real estate in NYC. The owner places orders of the same size as the first store because they are the same size stores. How much will the total cost be in the new coffeeshop
a) The determination of the optimal size of the order assuming an EOQ model for the local coffee shop is 265 pounds.
b) The total cost in the new coffee shop where the demand for coffee increased to 4,000 pounds at an order size of 265 pounds per order (assuming a unit cost of $3 per pound) is $253,500.
What is the EOQ Model?The economic order quantity (EOQ) model calculates the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.
It is determined using the following model:
EOQ = square root of: 2 (ordering costs)(demand rate) / holding costs.
Thus, the EOQ model can be worked out as follows:
Determine the demand units.Determine the ordering cost.Determine the holding cost.Multiply the demand by 2.Then multiply the result by the order cost.Divide the result by the holding cost.Data and Calculations:a) The annual demand for coffee = 3,500 pounds
Holding cost per pound = $10
Ordering cost = $100
EOQ = square root of: 2 ($100 x 3,500) / $10
= 265 pounds
The annual demand for coffee = 4,000 pounds
Holding cost per pound = $60
Ordering cost = $100
EOQ (Order size) = 265 pounds
Assumed unit cost per pound = $3
The total cost in the new coffee shop = $
Annual holding cost = $240,000 ($60 x 4,000)
Annual ordering cost = $1,500 ($100 x 4,000/265)
Annual purchase cost = $12,000 (4,000 x $3)
Total costs = $253,500
Learn more about the economic order quantity at https://brainly.com/question/14625177
In the project initiation phase, which document contains high-level details of the proposed project? A. project plan B. project proposal C. business justification D. proposal summar
In the project initiation phase, the project proposal is known to contains high-level details of the proposed project.
What is a project proposal?This is a project document that is known to carry all of the details that the project is supposed to have.
The proposal is known to have an outline of all that the stakeholders need to know about the work that is to be done.
Read more on project proposal here: https://brainly.com/question/21085755
Answer:
The answer is B. project proposal
Explanation:
What kind of bonds are issued by businesses as a source of long-term funding?
Corporate bonds are issued by companies.
general obligation bondsrevenue bondsconduit bondsExplanation
Corporate bonds are debt securities issued by private and public corporations.
How the concept of ‘price elasticity of demand’ is of relevance to managers in determining their pricing strategies.
Answer:
Price elasticity of demand is a term that is used to describe the relationship between price and demand, and how changes in one will affect the other. Consumer demand for all products will respond differently to price changes, and this is true for all products. As a result, understanding those distinctions is critical when making critical pricing decisions.
I hope this helps you
:)
The variations in demand for a product with respect to its corresponding price can be described by the price elasticity of demand. It is of great importance to the managers in this concept that demand and price behave differently.
What are market factors?Market factors are the factors that affect an economy of a country. They can be the fluctuations in the demand and supply of a product.
Price elasticity of demand is the economics concept that depicts the behavior of demand with respect to its price. As the demand and price respond differently, means, that if the price of a product increases, then the demand goes to fall down whereas if the price of a product falls down, then the demand increases. This variation has to be analyzed by the managers before making any pricing strategy.
Therefore, studying the concept of price elasticity of demand by managers is of essential importance.
Learn more about the price elasticity of demand in the related link:
https://brainly.com/question/15313354
#SPJ2
