A common stockholder has no guarantee of receiving any cash inflows, but receives what is left after all other claims on the firm's income and assets have been satisfied.
a. True
b. False
A __________ is calculated as a flat percentage of income earned, regardless of level of income.
City mission is a not-for-profit organization that provides hot meals, living quarters, and showers for homeless people. based on their yearly budget, they expect to spend $450,000 on food expenses, $350,000 on housing expenses, $280,000 on staff salaries, $90,000 on utilities, and $118,000 on other expenses. how much will city mission need to raise in donations?
a.more than $1,562,000
b.less than $1,225,000
c.at least $1,253,000
d.at least $1,288,000
The burlington company has 12,000 units in beginning finished goods. if sales are expected to be 60,000 units for the year and burlington desires ending finished goods of 15,000 units, how many units must burlington produce?
a.57,000
b.60,000
c.75,000
d.63,000
The discounted cash inflows of a project minus the discounted cash outflows is referred to as the _____.
The answer is net present value. It is the difference between the present value of cash inflows and the present value of cash outflows. NPV is used in capital budgeting to examine the effectiveness of a projected investment or project. A net present value that is positive stipulates that the projected earnings produced by a project or investment surpasses the anticipated costs. In general, an investment with a positive NPV will be a profitable one and the one with a negative NPV will result in a net loss.
It is really necessary for service firms to engage in research and development? in planning for production and operations control?
Yes, service firms need to engage in research & development and production and operations control to stay competitive, adapt to marketplace changes, optimize their operations, and meet customer needs effectively.
Explanation:Yes, it is indeed very important for service firms to engage in research and development (R&D) as well as production and operations control. This is because R&D can help a service firm innovate and stay competitive in the marketplace. For instance, a financial services firm might conduct research to develop new financial products or services that meet the changing needs of customers.
As for the need for production and operations control, this is a key component in ensuring that the firm runs smoothly and efficiently and that customer needs are being met appropriately. Large-scale service firms, including those in logistics and transportation, telecommunications, and IT services, heavily invest in operations control to maintain service quality and reduce costs.
In sum, both R&D and operations control are essential for service firms to adapt to changing market conditions, optimize their operations, and continue providing high-quality services to their customers.
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Service firms must engage in research and development to improve technology and operations, allowing them to remain competitive in a dynamic market. R&D can create technology that benefits many and contributes to public knowledge, leading to positive externalities. The competitive market structure influences R&D as firms seek to innovate and maintain unique positioning.
Explanation:It is indeed necessary for service firms to engage in research and development (R&D) to enhance their level of technology and operation. Service firms need to respond to the changing market demands and improve operational efficiency to remain competitive. The process of R&D can lead to innovation that provides a firm with a competitive edge. Companies attempt to answer several key questions through research and operation planning activities such as what products to produce, the production process, output volumes, pricing strategies, and labor requirements.
R&D creates technology that eventually becomes widely available, which can drive a firm to innovate to maintain a unique market position. While R&D investments can be expensive and sometimes politically influenced, the benefits typically include the creation of positive externalities such as advancements in industry standards or contributions to public knowledge. Market structure and the competitive environment also influence a firm’s decision to undertake R&D projects.
Investing in R&D tends to be vital for a firm's progress and creates positive externalities that can benefit the larger society over a specified period of time. This not only helps in the evolution of new products and services but also in refining existing operations and production strategies.
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A rug manufacturer has decided to use 7 compatible colors in her rugs. however, in weaving a rug, only 5 spindles can be used. in advertising, the rug manufacturer wants to indicate the number of different color groupings for sale. how many color groupings using the seven colors taken five at a time are there? (this assumes that 5 different colors will go into each rug, i.e., there are no repetitions of color.)
The number of different color groupings for sale using the seven colors taken five at a time is [tex]\boxed{21}.[/tex]
Further explanation:
The formula of permutation can be expressed as,
[tex]\boxed{^n{C_r}=\dfrac{{n!}}{{r!\left( {n - r} \right)!}}}[/tex]
Here, “[tex]n[/tex]” represents the total observations and “[tex]r[/tex]” represents number of the observation has to be arranged.
Given:
Total number of colors is 7 and the only 5 spindles can be used.
Calculation:
The number of different color groupings for sale using the seven colors taken five at a time can be calculated as follows.
[tex]^n{C_r} =\dfrac{{n!}}{{r!\left( {n - r} \right)!}}[/tex]
Substitute 7 for [tex]n[/tex] and 5 for [tex]r[/tex] in above equation.
[tex]\begin{aligned}^7{C_5}&= \frac{{7!}}{{5!\left( {7 - 5} \right)!}}\\&= \frac{{7!}}{{5! \times 2!}}\\&= \frac{{7 \times 6 \times 5!}}{{5! \times 2!}}\\&= \frac{{42}}{2}\\&= 21\\\end{aligned}[/tex]
The number of different color groupings for sale using the seven colors taken five at a time is [tex]\boxed{21}.[/tex]
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Answer details:
Grade: High School
Subject: Mathematics
Chapter: Permutation and Combination
Keywords: Different ways, select, combination, randomly picks, permutation, Rug manufacturer, 7 compatible colors, weaving a rug, 5 spindles, advertising, indicate, different colors, seven colors, no repetition of color.
Elizabeth is a full-time college sophomore and has a demanding part-time job. she leaves her saturdays free to run errands and “get things back in order,” and to maintain balance. elizabeth’s behavior illustrates:
Elizabeth’s behavior illustrates homeostasis as it is a way of balancing or maintaining a balance especially when a person’s external factors that can affect change to a person. It could be seen in the given scenario as Elizabeth tries to balance her duties as a worker even when she is still a student in a university.
Final answer:
Elizabeth's practice of keeping Saturdays free to run errands and organize her life exemplifies the importance of time management and self-care to maintain balance as a busy college student.
Explanation:
Elizabeth, a full-time college sophomore with a demanding part-time job, leaves her Saturdays free to run errands and "get things back in order," which illustrates the importance of time management and self-care to maintain balance in her life. This approach is essential for college students who need to balance their academic commitments with work and personal responsibilities. By setting aside time to organize her life, Elizabeth is actively engaging in a strategy that can reduce stress and increase productivity, making it possible to handle various demands more effectively.
Matt enjoys seeing for himself how things are going in his department. often you can find matt out in the area visiting his employees and listening to them talk about their work. matt is using which control? technique?
M1 is comprised of currency held outside banks + traveler’s checks + __________.
Ben, who runs a livestock breeding business, owes the circle c ranch $40,000. ben agrees to pay the circle c a percentage of his profits each month until the debt is paid. because of this agreement, the circle c is?
What are the practical consequences of a lack of strategic linkage between the business and the operations function? give examples?
For businesses to succeed, they need to adopt policies that will translate to success. The practical consequences of a lack of strategic linkage between the business and the operations function are;
Misdirected effortsRepetition of tasksWastage of resourcesThe downward spiral of the businessWhen business owners fail to think carefully about their business so that policies that fit into their purpose are b, they will most likely make decisions that result in waste.
Businesses need to study their competitions very well to understand what works and what does not work. When they factor these very well they will make policies that will help them grow.
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The dated date of a municipal bond is january 1, 2014. the first coupon date is august 1, 2014. the first coupon will represent how many months of interest?
When assigning an incoming facebook comment to a team member for a response, why might you want to include a personalized note with the assignment?
You might want to include a personalized note with the assignment when assigning an incoming Facebook comment to a team member for a response because may be you want to give context about the incoming Facebook comment or maybe you want to tell a team member about why you chose them to handle it.
The physical count of inventory was incorrect; it overstated the ending inventory. this would cause the
Tiffany scott puts $10,000 into a load mutual fund. she knows that her up-front sales commission is 6%. how much of her money actually goes to buy shares in the mutual fund?
The positive principle, the constructionist principle, and the simultaneity principle are principles of:
_____ encourage employees to behave in a socially responsible manner.
Taco bell is introducing some of its products into supermarkets, vending machines, college campuses, and other locations to increase its product availability and convenience. one reason taco bell is doing so is to:
Kayla was laid off when her company closed down due to the slow economy. kayla is structurally unemployed. cyclically unemployed. frictionally unemployed. employed. not unemployed.
In the __________ decision-making method, group members voice their feelings and opinions, but the final decision is made by the boss or leader. authority consensus majority rule unanimous
The authority decision-making method allows group members to express their opinions, but the leader makes the ultimate decision.
In the authority decision-making method, group members are invited to voice their feelings and opinions, but the boss or leader makes the final decision. This method differs from other common decision-making techniques such as majority rule, where a simple majority is enough to make a decision, and consensus rule, which requires unanimous agreement among all group members before a decision can be finalized.
Authority decision-making can be efficient in terms of time-saving, as it does not require the lengthy process of achieving consensus or majority. However, it also means that the needs and wants of the majority can be overlooked if the authority's decision does not align with them. This method is most effective when the designated authority or expert is highly respected or when the group members lack the knowledge or expertise in the matter at hand.
The growing trend toward universal customers and products means _____ has become an important factor in purchasing and the supply chain.
Honey bees engage in entomophily, pollination through pollen distribution, as part of the process to produce honey. what is entomophily an example of?
Linda undertakes sales training at a successful apparel manufacturing company and gets a promotion. it has been recently brought to her notice that sales have drastically dropped due to the inability of frontline sales personnel to handle customer queries at the company's retail outlets. linda should:
When a person whose duty is conditional leads the other party to rely on his noninsistence on the condition, the condition will be excused because of a(n) _____?
Pinnacle corporation is a manufacturing company operating numerous machines. these require regular maintenance to keep them operational. the fixed portion of maintenance costs are $3,000 per month. maintenance costs are also incurred at the rate of $5 per setup and $0.50 per unit produced. the company produced 23,000 units in 800 batches during a particular month. what will be the total cost of maintenance for this month?
Final answer:
The total maintenance cost for Pinnacle Corporation for the month is calculated by adding the fixed maintenance costs, setup costs, and production costs together, which gives a total of $18,500.
Explanation:
To calculate the total maintenance costs for Pinnacle Corporation, we need to take into account the fixed monthly costs, the cost per setup, and the cost per unit produced. The fixed maintenance cost is given as $3,000. The variable costs include $5 per setup and $0.50 per unit.
Therefore, the total cost for the setups can be calculated as:
Setup costs = Number of setups × Cost per setup
Setup costs = 800 × $5
Setup costs = $4,000
Similarly, the total cost for the units produced can be calculated as:
Production costs = Number of units produced × Cost per unit
Production costs = 23,000 × $0.50
Production costs = $11,500
Adding the fixed costs, setup costs, and production costs together:
Total maintenance costs = Fixed costs + Setup costs + Production costs
Total maintenance costs = $3,000 + $4,000 + $11,500
Total maintenance costs = $18,500
The total maintenance cost for the month is $18,500.
The global recession forced thousands of firms into bankruptcy. does this fact alone confirm that “external factors are more important than internal factors” in strategic planning? discuss.
Final answer:
The global recession of 2008 forced firms into bankruptcy, highlighting the impact of external factors on strategic planning. However, this does not confirm that external factors are more important than internal factors.
Explanation:
In strategic planning, both internal and external factors play a crucial role. The global recession of 2008 forced thousands of firms into bankruptcy, indicating the significant impact of external factors on strategic planning. However, this fact alone does not confirm that external factors are more important than internal factors in strategic planning. External factors such as economic downturns, market conditions, and government policies can certainly have a profound effect on businesses. However, internal factors like organizational structure, management decisions, and competitive advantage also play a vital role in shaping a firm's strategic planning.
A downward-sloping portion of a long-run average total cost curve is the result of:
A company borrows 100,000 today at 12% nominal annual interest. the monthly payment of a 5 year loan is most nearly:
Final answer:
To find the monthly payment of a 5-year $100,000 loan with 12% nominal annual interest, convert the annual interest to monthly (1%), calculate the number of payments (60), and apply the annuity payment formula. The estimated monthly payment is $2,224.65.
Explanation:
Calculation of Monthly Payment for a 5-Year Loan
To calculate the monthly payment of a 5-year loan of $100,000 with a 12% nominal annual interest rate that is convertible monthly, we will use the formula for the payment of an annuity. The formula involves the principal amount (P), the monthly interest rate (i), and the number of payments (n).
First, we convert the annual interest rate to a monthly one by dividing by 12. So, 12% annual interest becomes 1% monthly interest.
We then calculate the number of payments, which is 5 years times 12 payments per year, so n = 60.
The payment formula, which is a derivation of the present value annuity formula, is:
Payment = P × (i / (1 - (1 + i)⁻ⁿ))
Substituting the values:
Payment = $100,000 × (0.01 / (1 - (1 + 0.01)⁻⁶⁰))
After doing the calculations, we find that the monthly payment is approximately $2,224.65.
The company will make this payment each month for 5 years to repay the borrowed amount in full, along with the interest accrued.
Shirtzter, a manufacturer of men's shirts and jackets, has just reached an agreement to pay kwasiaki a substantial fee for the right to use the company's name and logo on some of its clothing lines. this type of arrangement is known as: