Todd and Jim quickly learned that running a sailing business required a lot more than just taking folks for boat rides in exchange for a few dollars. In order to succeed as entrepreneurs Todd and Jim had to be all of the following except:

Self-directed
Highly energetic
Risk averse
Action-oriented
Self-nurturing

Answer:

Sales Job

Explanation:

Salary plus the commission is a form of compensation to employees by employers mostly in the sales profession. The salesperson receives a fixed salary plus a commission based on the sales achieved. The commission is usually a percentage of the sales volumes or the sales in dollars.

The commission is a form of motivation for the salesperson. The more the sales, the higher the commission. It is a good way of encouraging the sales team to achieve higher sales volumes. The fixed salary assures the employees of an income if the sales do not perform as expected.  

Final answer:

A Financial consultant job is most likely to offer a salary plus commission, in contrast to hourly paid service jobs like a crew member or cleaning staff which typically do not include commissions.

Explanation:

The job most likely to be paid a salary plus commission among the listed options Lana encountered is that of a Financial consultant. Professional and related jobs, especially those in the sales category, often come with a base salary and the potential for additional earnings through commission—particularly when these roles demand advanced skills and substantial education.

Positions like a Burger Queen crew member or a Wall's Mart cleaning crew person are typically paid on an hourly basis, due to the nature of these roles being in the service sector, where wages can vary extensively based on the level of training required. In contrast, jobs that are within professional fields tend to compensate their employees through salaries and, for those roles associated with sales, additional commissions. This reflects not only a difference in compensation structure but also the requirement for higher education and specialized training. For instance, a Financial consultant is likely to be a lucrative career choice due to the expertise required and potential for sales-based incentives.

Answer:Dr Revenue :special assessment service $500 000

              Cr                     Account Receivables                 $500 000

Explanation:

Dr Revenue :special assessment service $500 000

Cr                    Account Receivables                 $500 000

recognizing Revenue generated from services rendered (special assessments services) which increases account receivables for Brooktown because the amount of $500 000 is payable in 10 annual instalments

$500 000 revenue will be paid in 10 equal instalments, 500 000/10 =

$50 000.

When the the first instalment is received on the 30th of June 2018, the following journal would be processed

Dr Bank  $50 000

Cr Account receivable $50 000

Final answer:

To calculate the outright spot exchange rate with a forward rate of sf1.30/$ and a forward premium of 8%, the formula Spot Rate = Forward Rate / (1 + Forward Premium) is used. The calculation yields a spot rate of approximately sf1.2037/$.

Explanation:

The question asks to calculate the outright spot exchange rate, given that the forward exchange rate is sf1.30/$ and the forward premium is 8 percent. The forward premium indicates how much higher (or lower) the forward rate is compared to the spot rate. It is calculated as:

Forward Premium (%) = [(Forward Rate - Spot Rate) / Spot Rate] x 100%

We can rearrange this formula to solve for the Spot Rate:

Spot Rate = Forward Rate / (1 + Forward Premium)

Given the forward rate (sf1.30/$) and the forward premium (8% or 0.08), we calculate the spot rate as follows:

Spot Rate = sf1.30/$ / (1 + 0.08)

Spot Rate = sf1.30/$ / 1.08

Spot Rate = sf1.2037/$ (rounded to four decimal places)

Therefore, the outright spot exchange rate is approximately sf1.2037/$.

Final answer:

To find the outright spot exchange rate, use the formula Forward Exchange Rate / (1 + Forward Premium) and substitute the given values.

Explanation:

The outright spot exchange rate refers to the current exchange rate between two currencies in the foreign exchange market, where currencies are traded for immediate delivery or settlement, typically within two business days.

The outright spot exchange rate can be calculated using the formula:

Outright Spot Exchange Rate = Forward Exchange Rate / (1 + Forward Premium)

Substitute the given values: Forward Exchange Rate = 1.30, Forward Premium = 0.08. Calculate: 1.30 / (1 + 0.08) = 1.30 / 1.08 = 1.2037. Therefore, the outright spot exchange rate is 1.2037.

Answer:

$19,278

Explanation:

since the total costs were $19,183 and the cost per unit is $2.31, it means that last year 8,300 calendars were printed. The sales price was $5 per calendar. Last year there were 9,600 students and 7,200 calendars sold, which represents 75% (= 7,200 / 9,600) of total students.

If next year, the number of students is expected to rise to 10,080, so the number of calendars sold should be = 10,080 x 75% = 7,560 calendars.

If Max keeps the same selling price, then estimated profits should be:

(7,560 calendars x $5 per calendar) - (7,560 calendars x $2.45 per calendar) = $37,800 - $18,522 = $19,278

There are information you missed in your question, here they are below:

Max is the marketing manager at the university bookstore. He is developing his marketing plans for next school year. The bookstore is charged by the university to be a profit center for the school, therefore its important that Max manage the bookstore and price its products in a way to generate profits.

One of the most popular products the bookstore carries are academic calendars to help students keep track of key dates throughout the school year.

The university has 10,080 students registered for the upcoming Fall semester, an increase of 5% versus a year ago. Last year he sold 7,200 calendars at $5.00 each. The overall calendar sales were a bit disappointing, as he had to throw away 1,100 calendars that went unsold. The cost of creating and printing the calendars was $19,183. He'd like to estimate his sales better this year to eliminate waste and maximize his profits.

Answer:

The projected overall calendar profit for this year is $19,278

Explanation:

Firstly, since enrollment grew by 5% from what was obtainable last year. We will then determine the number of people who were in the school the previous year. Let's denote that number of students by "a".

5/100 × a = number of students this year

5/100 × a = 10,800

(5a + 100a)/100 = 10,080

105a = 1008000

a = 1008000/105

a = 9,600 students (number of students in the school last year).

Since max sold 7200 calendars and the number of students that were enrolled last year were 9,600, The sales penetration or percentage of students that purchased the calendars the previous year (assuming one student bought just one)

= number of calendars sold/number of students × 100

= 7200/9600 × 100

= 75%

Since there are now 10080 students expected for the fall semester, the predicted sales penetration will be 75% of the number of students enrolled for this year's study =

75/100 × 10,080

= 7,560 (this is the number of calendars that Max projects to be sold).

So, if he prints only 7,560 calendars bearing in mind that cost of printing calendars have increased from $2.31 to $2.45, the cost of printing the 7,560 calendars =

7,560 × $2.45 = $18,522

Now, since max intends selling these calendars that he will print $5 (the same price he sold the calendars last year), the total amount that he will realize after selling the printed 7,560 calendars

= $5 × 7,560

= $37,800

Since, he will realize $37,800 after sales but the cost of printing them is $18,522 , the profit for the sale of the calendars will be:-

$37,800 - $18,522

= $19,278.

This would be the projected overall calendar profit for this year

Answer:

Costs of: Opportunity  Sunk Variable Fixed MOH Product Selling Differential

Garage rent  (Fixed)........................................X

Utilities  (Fixed).................................................X

Cost of the industrial design course  (Sunk) ... ''the cost has been spent''

Equipment rented .(Fixed)...............................X

Material cost  (Variable)...................X

Labor cost  (Variable).......................X

Present salary  (Opportunity cost / Differential Cost)..'He wont earn anymore'

Advertising  (Fixed and Selling Costs)............X...................................X

Explanation:

Costs of: Opportunity  Sunk Variable Fixed MOH Product Selling Differential

Garage rent  (Fixed)........................................X

Utilities  (Fixed).................................................X

Cost of the industrial design course  (Sunk) ... ''the cost has been spent''

Equipment rented .(Fixed)...............................X

Material cost  (Variable)...................X

Labor cost  (Variable).......................X

Present salary  (Opportunity cost / Differential Cost)..'He wont earn anymore'

Advertising  (Fixed and Selling Costs)............X...................................X

1. Garage rent is fixed Manufacturing Overhead because he will pay a fixed rent amount every month.

2. Utilities is fixed Manufacturing Overhead because he will pay a fixed amount every month.

3. Cost of the industrial design course  is Sunk because the cost has been spent already

4. Equipment rented  is fixed Manufacturing Overhead because he will pay a fixed amount every month.

5. Material cost  is variable because it will depend on how much produced every month.

6. Labor cost  is variable because it will depend on how much produced every month.

7. Present salary  is an Opportunity cost because wont earn salary anymore when he starts the business; this is also differential because it is the difference between the cost of the two alternative decisions

Advertising  is a fixed Selling costs because he will pay a fixed amount every month and it is related to sales not production.

A restaurant operates at full capacity during dinner times and experiences unused capacities during breakfast and lunch times. It should plan for capacity based on the demand levels at dinner times.

Demand refers to the number of products that is being required by the consumers to buy. Supply refers to the number of products that is made available to the consumers. The prices of the products and the demand of any product or services determines the supply of the product. These three terms are inter related with each other since one affects the other.

In the given example, it is given that the operation of a restaurant utilizes its full capacity during the time of dinner. They are left unused during the time of lunch and breakfast. Thus the restaurant must plan for the capacity depending on the levels of demand that exists at the dinner time.

Final answer:

When the marginal cost (MC) of production is increasing, the average variable cost (AVC) is also increasing.

Explanation:

The relationship between marginal cost (MC) and average variable cost (AVC) can be determined based on the behavior of the two curves. If the MC curve is increasing, it means that each additional unit of output is becoming more costly to produce.

This implies that the cost of producing each additional unit is higher than the average cost of production, so the AVC curve is also increasing. Therefore, when the MC is increasing, the AVC is also increasing.

According to the nine-box grid, the development plan for employees with outstanding performance but low potential typically emphasizes finding them experiences that will continue to facilitate creativity and innovation.

The performance of the employees in an organisation can be evaluated by the 9-box grid. The potential that an employee has towards the contribution to an organisation in future and also the current level can be determined with the help of this assessment tool.

This tool is used by an organisation in the evaluation of talents that is present in an organisation currently and the leaders of an organisation in leaders. The individuals can be evaluated in two dimensions such as their performance  in past and the potential in future. Thus this grid helps in the determination of experiences that will continue to facilitate creativity and innovation.

Answer:

All of the answers are correct.

Explanation:

The movement in inventory balance is as a result of purchases and sales. The opening and closing balances are so related;

Opening balance + purchases - cost of goods sold = closing balance

Hence overstating the closing balance results in an understatement of cost of goods sold thereby resulting in an overstatement of net income and then retained earning.

Assets are also overstated

Answer:

Thee jounal entry for January 1 of Messing Company is done below.

Explanation:

3.5% * 4000 = 140

Date                Account Titles                                                Dr             Cr

Jan 1           Cash                                                                $3,860

                   Credit Card Expense                                        140

                          Sales Revenue                                                           4,000

The journal for Messing Company on January 1, should show a debit of $3860 to the cash account, a credit of $4000 to the sales revenue account, and a debit of $140 to the service charge expense account based on the fee payable to the credit card company.

In order to prepare the journal entry for Messing Company on January 1, we would first acknowledge the total sales amount which is $4000 and then calculate the fee payable to the credit card company. The fee is 3.5 percent of card sales so that would be $4000 x 3.5/100 = $140.

Now, let's prepare the journal entry:

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The smaller Austrian fishery firm achieved success through social complexity, developed through crucial political relationships that helped it obtain necessary government permits for expansion. This was a demonstration of strategic management through managing resources and capabilities.

The key to the smaller Austrian fishery firm's success against a more established competitor was indeed c. social complexity. Social complexity refers to a firm's ability to create and manage relationships within its environment. This can include relationships with regulators, government officials, customers, and other important figures. In this case, the smaller firm was successful in developing and managing key political relationships, which were crucial in obtaining necessary government permits for expansion.

The term 'social complexity' falls under the larger umbrella of the resource-based view of the firm, a theory in strategic management that emphasizes the importance of firm-specific resources and capabilities in achieving competitive advantage. Here, the smaller firm's ability to navigate political dynamics and leverage its unique relationships became a valuable, intangible resource that could not be easily replicated by the bigger firm.

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The small Austrian fishery's successful expansion amidst competition was due to social complexity, which includes developing relationships and alliances that are hard for competitors to replicate.

In the scenario described, the key to the smaller Austrian fishery firm's successful expansion into a new region despite competition was social complexity. Social complexity refers to the relationships, networks, or social interactions that a firm has developed, which can't be easily replicated by competitors or understood by outsiders. In this case, the smaller firm was able to establish and maintain critical political relationships, which ultimately led to them securing the necessary government permits.

Such social complexity, in business context, often includes relationships with key stakeholders, political figures, and the ability to navigate administrative or bureaucratic processes. It forms the core of a firm's socio-cultural environment and can become a strategic asset when it serves to differentiate the firm from its competitors. Simultaneously, it's one of the bases of competitive advantage and can protect the firm from threats or enhance its ability to seize opportunities.

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Answer:

A. Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer

Explanation:

From the information provided about Wholesome Pet Food; a few statements stand out:

1.The Years of operation (20years)

2.The Standard of Pet Food (high quality: natural ingredients & organically raised lambs)

3.The followership of the Brand (Strong)

4. The Brand endorsement (from leading Veterinarians)

5. Finally the most important element; the Customers Wholesome Pet Food serve are from the affluent neighborhoods

Although more information would have given us a full understanding of the Pet food business e.g the Competitive advantage of Wholsome Pet food over close rivals, the elasticity of its brand, the % of its Customer base that are affluent, middle class or Poor, it's Business profitability proposition etc

However, considering the 5 items listed above it will be a safe argument concluding that Wholesome will probably be able to pass the cost on to its customers because they are less sensitive to price increases than the average buyer

Answer:

B) False

Explanation:

In a cost focus strategy, the company tries to create a cost advantage in it's targeted market segment.

In the given case, the strategy employed by the hat manufacturer is differentiation focus strategy. By using such a strategy, a firm focuses on providing differentiated products i.e unique superior quality products which are different than those of the competitors.

Cost focus stresses upon lowering costs in narrow markets, while differentiation focuses upon providing specialized different products which are focused upon catering to the needs of the customers of a narrow markets segment.

Answer:

C. contract with contingencies

Explanation:

Real estate contracts that contain contingencies or provisions that must be met before the real estate contract can be fulfilled are called contracts with contingencies. If this contingencies or provisions are not fully satisfied, the contact is null or void, e.g. the buyer will only proceed with the operation if the house passes the inspection.

Collective bargaining is the process by which union representatives negotiate with the management of a firm to secure certain concessions on wages, benefits, job security, or seniority for union members.

Explanation:

Collective bargaining is a mechanism of discussions between the employers as well as a collective of employees who are aimed at arrangements to control salaries, terms of employment, pensions and other compensatory and workers ' rights aspects.

Such form of agreement is a contract of work and is also called a "collective bargaining arrangement" or CBA.

Examples include workplace salaries, hours, insurance, off-time, promotions and administrative issues in a variety of the areas addressed by CBAs involving management and workers.

Answer:

Disability benefit = $5,040

Explanation:

Given:

Pay off per week = $600

Insurance coverage = 70 percent = 0.70

Waiting period = 4 week

Computation of disability benefits:

Disability benefit = Per Week benefit × Total Number of Covered weeks

= (Insurance coverage × Pay off per week) × (off work - Waiting period)

= (0.70 × $600) × (16 - 4)

= $420 × 12

= $5,040

Answer: C)$350

Explanation:

First suit

Price willing to pay=$950

Actual paid price=$700

Consumer surplus=$950-$700

=$250

Second suit

Price willing to pay=$800

Actual paid price=$700

Consumer surplus=$800-$700

=$100

Third suit

Price willing to pay=$700

Actual paid price=$700

Consumer surplus=$700-$700

=$0

Total surplus= 1st+2nd+ 3rd consumer surplus

= $250+$100+$0

=$350

Answer:

no option is correct, the correct answer is $20.66

Explanation:

we can determine the value of DMC3 stock using an adjusted perpetuity formula:

present value = [dividend / (required rate - growth rate)] / (1 + required rate)²

= [$1.50 / (10% - 4%)] / (1 + 10%)² = ($1.50 / 6%) / 1.1² = $25 / 1.21 = $20.66

The intrinsic value of DMC3 shares is $25.

To calculate the intrinsic value of DMC3 shares, we can use the dividend discount model (DDM). The DDM calculates the present value of all expected future dividends. In this case, DMC3 will pay a dividend of $1.50 at the end of 2018, and then dividends will grow at a rate of 4% per year. The required rate of return is 10%. We can calculate the intrinsic value as follows:

Intrinsic Value = (Dividend / (Rate of Return - Dividend Growth Rate)

Intrinsic Value = ($1.50 / (0.10 - 0.04)

Intrinsic Value = $1.50 / 0.06

Intrinsic Value = $25

Therefore, the intrinsic value of DMC3 shares is $25. Option B) $34.53 is not the correct answer.

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Answer:

C) psychographic

Explanation:

Psychographic segmentation is a type of segmentation where customers are divided into a group based on their psychological characteristics. Such characteristics include beliefs and motivations.

Demographic segmentation is when customers are placed in a group based on their sex, religion, age or occupation.

I hope my answer helps you

Answer:

B) 50%

Explanation:

Matthew's total return on investment = (current price - original purchase price) / original purchase price

= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%

To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.

Answer:

Disseminator role.

Explanation:

Disseminators play the important part of communicating important and useful information to colleagues and the team. Generally managers are responsible for transmitting information regarding management expectations to employees with a view of achieving organisational goals.

Tyler as a finance manager at an automobile manufacturing company. Collects information from summer interns regarding improvements in finance strategy. He communicates this information to the Chief Financial Officer. This is a dissemination function by Tyler.

Answer: C- Disseminator role

Explanation: The disseminator role involves sharing applicable information and opinions that have the capacity of being helpful in the future with one's coworkers in a company. However, this information could be detailed while some need explanations or translation. A person who carries out this role must have some skills like great communication skills, excellent writing skills, fluent speaking skills and thorough group instructing skills.

Answer:

If a person sold euro futures on 3/01 then he/she will post a profit on 3/02 :

Explanation:

Date                                                    3/01        3/02       3/03       3/04

Euro Spot Price                              $1.1585   $1.1589  $1.1584   $1.1593

July euro Futures Contract Price  $1.1850   $1.1812   $1.1823   $1.1820

On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.

Answer:

The correct answer is r=(DIV1/P0)+g

Explanation:

The expected rate of return for a stock is usually the dividend yield  added to capital gains yield.

Dividend yield is the percentage of the share's price that the company pays to shareholders as dividends and the formula is the dividends divided by the share price, hence in this scenario it DIV1/PO

On other hand,capital gains yield is the percentage increase of the share price over time. In other words, the share price growth rate,which is a market expectation of the company's performance.The g given in the question depicted this.

Without mincing words,the expected rate of return on the stock is dividends yield(DIV1/P0) plus the capital gains yield(g)

Answer:

2) Percentage of the typical consumer budget spent on the item.

Explanation:

In microeconomics, item weight refers to the money spent on purchasing a specific product with respect of the total money spent in total purchases. Item weight is usually measured as a percent of a specific purchase over the total purchases made by a consumer or household.

Answer:

A) True

Explanation:

A project's baseline plan refers to the project's plan starting point. It will serve as the reference point where you can measure the project's progress. Any proposed change to the project must be evaluated using the established change control system. The change control system is not a standard control tool and should be unique to the project based on the project's scope and budget. Changes that negatively affect the project's scope, budget and the schedule should be rejected.

Answer: a. $39,304

Explanation:

Let us begin by calculating the yearly phone bill.

$63 per month so that is

= 63*12

= $756

A total of $756 per year is spent on the company phone.

Kailynn buys 4 sample kits at $235 per kit.

= 235*4

= $940 in total for the kits last year.

Add the two figures to get her total expenditure from the company.

=940+756

= $1696

Subtract this from her total job benefits,

=$41,000 - $1696

= $39,304

$39,304 was her total employment compensation.

Answer:

conflict of interest

Explanation:

Conflict of interest occurs when an individual in an organisation has competing interests that can be financial or personal. Most times fulfilling an action results in abandoning another one. It can occur when the personal interest of an employee conflicts with the business decisions of the employer.

In this instance the CEO of Disney personally prefers to buy a national league hockey team, and sees it as an opportunity for Disney to own a professional sports team. However a conflicting idea is being proposed by the board, who want to expand into other areas of entertainment beyond movies, theme parks, and goods.

Owning a professional sports team can bring several benefits to Disney, such as increased brand recognition, new revenue streams, and the ability to cross-promote with other Disney properties.

With the opportunity to buy a national league hockey team, as the CEO of Disney, you can create new opportunities for expansion into the sports entertainment industry. Owning a professional sports team can bring several benefits to Disney, such as increased brand recognition, new revenue streams, and the ability to cross-promote with other Disney properties.

For example, Disney could use the hockey team to create new content for its streaming platforms, feature team branding in movies and TV shows, and leverage the team's popularity to attract more visitors to its theme parks. Additionally, owning a sports team can provide Disney with a platform to engage fans, build partnerships with other organizations, and extend its influence in the entertainment industry.

Answer:

Problem Analysis

Explanation:

Problem analysis also known as 'root cause' analysis ensures that “root causes,” not just the symptoms of the problem, are identified and subsequently addressed.

This step comes after the problem identification stage of problem solving.

Therefore as stated in the scenario ''When Glenn analyzes the underlying causes of the paper-jam problem, he is performing the function of problem analysis

Answer:pyramid scheme

Explanation:

Answer:

a CGI script

Explanation:

Based on the scenario being described within the question it can be said that the most likely problem on the server is a CGI script. In the context of information technology, a Common Gateway Interface (CGI) is an interface for web servers used to execute certain scripts or programs. Therefore there must be a problem with the CGI script since it is not being read correctly and causing the crash.

The inability of the script to process information on the new server is likely due to configuration differences between the servers. System configurations like IP settings and directory paths could have changed, coupled with issues related to permissions or user roles can disrupt how the script operates.

The issue you're encountering where your copied script from the backup tape isn't processing information on your new, duplicated server is likely because of configuration differences between the new server and the old server. Just having an exact duplicate of the original server doesn't necessarily mean that the system configurations, such as IP settings or directory paths, will be the same. These minute details could easily disrupt how a script operates.

For instance, the script might be trying to access a database or folder that doesn't exist in the exact same location on the new server. Or maybe, the new server uses a different IP address or system hostname, which the script relies on. So, even if you're restoring from a backup, you need to verify and adjust the server's configuration to suit the particular needs of the script.

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