Answer:
2009 AOPI is 125
Explanation:
The question is to determine the Apples and Oranges Price Index (AOPI) for 2009 with 2002 as the base year
First step: For the base year 2002, the goods were bundled as 10 apples and 5 oranges
Therefore, we calculate the cost of these two in 2002 as follows
= 10 apples x $0.5 + 5 oranges x $1 = $10
Second step: For the 2009, the goods were 5 apples and 10 oranges however, since we are using 2002 as the base year, we will calculate the cost of this same 10 aples and 5 oranges using the 2009 value.
= 10 apples x $1 + 5 oranges x $0.25
= $12.5
Step 3: Based on these calculations with 2002 as the base year
The consumer price index = (12.5/10) x 100
The AOPI (Apple and Oranges Price Index) for 2009 assuming that of 2002 is 100 will be 125
You have two options to repay a loan. You can repay $6,000 now and $5,940 in one year; or you can repay $12,000 in 6 months. Find the annual effective interest rate(s) i at which both options have the same present value.
Answer:
We will consider positive interest rate which is i=0.21 or i=21%
Explanation:
The formula for Future value is:
[tex]FV=PV(1+i)^n[/tex]
The present value will become:
[tex]PV=FV(1+i)^{-n}[/tex]
where:
n is the number of years
Since the condition is same present value,so the given data form the equation:
[tex]6000+5940(1+i)^{-1}=12000(1+i)^{-1/2}[/tex]
Divide above equation by [tex](1+i)^{-1}[/tex]
[tex]6000(1+i)+5940=12000(1+i)^{1/2}[/tex]
Let [tex]z=(1+i)^{1/2}\\[/tex]. Above equation will become:
[tex]6000z^2+5940=12000z[/tex]
Rearranging above equation:
[tex]5940-12000z+6000z^2=0[/tex]
Solving the quadratic equation:
z=1.1, z=0.9
Let [tex]z=(1+i)^{1/2}\\[/tex] will become:
[tex]z=(1+i)^{1/2}\\\\z^2=1+i[/tex]
[tex]i=z^2-1[/tex]
For z=1.1
[tex]i=(1.1)^2-1\\i=0.21[/tex]
For z=0.9
[tex]i=(0.9)^2-1\\i=-0.19[/tex]
we will consider positive interest rate which is i=0.21 or i=21%
Analyzing and Determining Liability AmountsFor each of the following situations, indicate the liability amount, if any, that is reported on the balance sheet of Bloomington Inc. at December 31, 2016.Next to each situation, enter the liability amount reported on Bloomington's balance sheet. If the amount is not reported as a liability, enter zero as your answer.a. Bloomington owes $230,000 at year-end 2016 for inventory purchase. b. Bloomington agreed to purchase a $29,000 drill press in January 2017. c. During November and December of 2016, Bloomington sold products to a customer and warranted them against product failure for 90 days. Estimated costs of honoring this 90-day warranty during 2017 are $4,100. d. Bloomington provides a profit-sharing bonus for its executive equal to 5% of reported pretax annual income. The estimated pretax income for 2016 is $850,000. Bonuses are not paid until January of the following year.
Answer:
(a) It is a liability for Bloomington to pay for the inventory purchase and it is recorded with the amount of $230,000.
(b) It is not a liability for Bloomington because the press is not yet purchased and agreed to be purchased in future. So, the liability is $0.
(c) In case, there is any discrepancy in the products then it is the responsibility of Bloomington to provide some solution. Therefore, the estimated warranted liability is $4,100 and the amount of liability recorded in the balance sheet is $4,100.
(d) The amount of liability recorded in the balance sheet is as follows:
Bonds payable:
= Estimated pretax income × Profit-sharing bonus
= $850,000 × 5%
= $42,500
Final answer:
The liability amounts to be reported on Bloomington Inc.'s balance sheet for the specified situations are $230,000 for inventory purchase, $0 for future purchase of a drill press, $4,100 for warranty costs, and $42,500 for profit-sharing bonuses.
Explanation:
For each of the provided situations for Bloomington Inc., the corresponding liability amount that should be reported on the balance sheet at December 31, 2016, would be as follows:
a. $230,000 for the year-end inventory purchase, as it represents an obligation to pay.
b. $0, because the commitment to purchase the drill press in January 2017 has not yet resulted in a liability as of December 31, 2016.
c. $4,100 for the estimated costs of the warranty that will be honored in 2017, as it reflects a present obligation resulting from past events.
d. $42,500 for the profit-sharing bonus (5% of $850,000), because even though the bonus is not paid until the following year, the obligation exists at the year-end.
These figures should be included in their respective categories on Bloomington Inc.'s balance sheet—either within accounts payable, accrued expenses, or other relevant payable accounts.
2019,Do you think leadership style is fixed and unchangeable, or can leaders be flexible and adaptable with respect to style? Why?
Answer:
No. I do not think leadership style is fixed.
Explanation:
There are various leadership styles used by leaders in organizations depending on the type of job, the category of employees, the situation, or the organizational goal the leader is trying to achieve.
Some of these leadership styles include; bureaucratic, democratic, autocratic, servant and transactional leadership styles.
It is best for leaders to be flexible and know what style to adopt depending on the particular situation.
For example, in situations where employees are inexperienced, a leader should choose a leadership style (such as bureaucratic leadership) where he gives instructions and directs the employees on what to do.
If on the other hand, such a leader is in charge of experienced employees, then he can adopt the democratic style of leadership, where the employees are allowed to give inputs and have freedom to make certain decisions.
Leadership styles can be both fixed and unchangeable, as well as flexible and adaptable. The ability to be flexible and adaptable in leadership style is important because it allows leaders to be effective in different situations and with different people.
Explanation:Leadership styles can be both fixed and unchangeable, as well as flexible and adaptable. Some leaders may have a preferred style that they use consistently, while others may adjust their style based on the situation or the needs of their team. For example, a leader may typically have an autocratic style but temporarily switch to a participative style when working on a collaborative project. The ability to be flexible and adaptable in leadership style is important because it allows leaders to be effective in different situations and with different people.
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Vasco's utility function is: Upper U equals 10 Upper X squared Upper ZU = 10X2Z The price of X is px = $55, the price of Z is pz = $2020, and his income is $150150. What is his optimal bundle? (round your answer to two decimal places)
Answer:
Explanation:
U = 10 X²Z
Given
150 = 5X + 20Z
30 = X + 4Z
To maximise utility
differentiating partially wrt X
MU_x = dU/ dX = 20XZ
differentiating partially wrt Y
MU_y = dU/dY = 10X²
For optimal bundle
MU_x / MU_y = P_x / P_y
20XZ / 10X² = 5 / 20
2Z / X = 1/4
X = 8Z
30 = X + 4Z
30 = 8Z + 4Z
12Z = 30
Z = 2.5
X = 8 X 2.5
= 20
X = 20
Z = 2.5
Fanning Company makes a product that sells for $30 per unit. The company pays $16 per unit for the variable costs of the product and incurs annual fixed costs of $134,400. Fanning expects to sell 22,800 units of product.
Determine Benedetta’s margin of safety expressed as a percentage.
To find Benedetta's margin of safety, calculate the break-even point and subtract it from the expected sales volume. Then, express the difference as a percentage.
Explanation:To determine the margin of safety, we need to calculate the break-even point and subtract it from the expected sales volume. The break-even point is the number of units that need to be sold in order to cover all fixed and variable costs. In this case, the break-even point is calculated as follows:
Fixed costs / (Selling price per unit - Variable costs per unit) = Break-even pointPlug in the values given: 134,400 / (30 - 16) = 8,400 unitsTo calculate Benedetta's margin of safety, we subtract the break-even point from the expected sales volume and express it as a percentage:
(Expected sales volume - Break-even point) / Expected sales volume * 100 = Margin of safety percentagePlug in the values given: (22,800 - 8,400) / 22,800 * 100 = 63.16%Learn more about Margin of safety here:https://brainly.com/question/31263165
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Fanning Company's margin of safety is 57.89%. This means that the company can expect to sell 57.89% of its expected sales without incurring losses.
What's the margin of safety?In this case, the break-even point is calculated as follows:
Break-even point = fixed costs / contribution margin per unit
where
fixed costs = $134,400
contribution margin per unit = selling price per unit - variable cost per unit = $30 - $16 = $14
Therefore, the break-even point is:
Break-even point = $134,400 / $14 = 9600 units
The margin of safety is then calculated as follows:
Margin of safety = expected sales - break-even point
In this case, the expected sales is 22,800 units. Therefore, the margin of safety is:
Margin of safety = 22,800 units - 9600 units = 13,200 units
The margin of safety can also be expressed as a percentage of the expected sales. In this case, the margin of safety percentage is:
Margin of safety percentage = (margin of safety / expected sales) * 100%
= (13,200 units / 22,800 units) * 100%
= 57.89%
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"The financial leverage multiplier is the ratio of" ________. A. current assets to current liabilities B. total assets to total debt C. current assets to common stockholders' equity D. total assets to common stockholders' equity
Answer:
D. total assets to common stockholders' equity
Explanation:
The financial leverage multiplier (FLM) is defined as the ratio of the firm’s total assets to the shareholders’ equity.
Analyzing the answer choices provided, the one that better fits the description above is alternative D. total assets to common stockholders' equity
A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a monthly service charge of $20. Plan A has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. Plan B has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. Plan C has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. Determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the "$" sign in your response.)b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (Round each answer to the nearest whole number.Include the indifference point itself in each answer.)c. Suppose that the agent expects both daytime and evening calls. At what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans A and B?
Answer:
req 1)
Plan A
0.42 x 150 + 0.17 x 70 = 74.9
Plan B
0.52 x 150 + 0.15 x 70 = 88.5
Plan C $80
req 2)
from 0 to 190 minutes Plan A
from 191 and beyond Plan C
req 3)
the proportion should be 1/6 daycalls and 5/6 evenings
Explanation:
150 day calls
70 minutes evening calls
Plan A
0.42 x 150 + 0.17 x 70 = 74.9
Plan B
0.52 x 150 + 0.15 x 70 = 88.5
Plan C $80
2) A will be preferable to B as it has the lower cost
now at some point C will be better as the cost is a flat rate
80 dollars / 0.42 per minute = 190.47
3) 0.42X + 0.17Y = 0.52X + 0.15Y
a minute of daycall is 10 cent higher in plan B
while a minute of evening call is 2 cent lower
thus, to balance there was to be 5 times more evening call than day times:
1:5 1 + 5 = 6
the proportion should be 1/6 daycalls and 5/6 evenings
The total charge for the real estate agent's cell phone use with Plan A is $94.90, with Plan B is $108.50, and with Plan C is $80, given that usage doesn't exceed the allotted 275 minutes. To optimize plan selection or determine indifference points, further calculations are needed involving the rates and usage.
Explanation:To determine the total charge under each cell phone plan for 150 minutes of daytime calls and 70 minutes of evening calls:
Plan A: $20 + (150 minutes * $0.42) + (70 minutes * $0.17) = $20 + $63 + $11.90 = $94.90Plan B: $20 + (150 minutes * $0.52) + (70 minutes * $0.15) = $20 + $78 + $10.50 = $108.50Plan C: If the total minutes (220) are within the 275 allowed, the flat rate of $80 applies, else there's an additional charge. Here, 220 minutes < 275, so the charge is just $80.To determine over what range of call minutes each plan is optimal and the point where the real estate agent would be indifferent between plans A and B, we need to perform calculations that might involve constructing equations based on the given minute rates and comparing total costs or calculating the marginal utilities of each plan.
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Michelle Sargol offers to pay $9,000 for a particular car located on John Weber’s car lot. Weber accepts Sargol’s offer and promises to transfer title next week, at which time Sargol will pay for the car. The next day, Laura Kavanaugh visits the car lot and offers to pay Weber $10,000 for the same car. Can Weber accept Kavanaugh's offer?
An offer is considered as a agreement between sender and receiver. Here, Sargol offers to pay $9,000 amount for a car to weber.
Weber can accept Laura's offer since there is no binding contract with Michelle.When a contract is being formed there are 3 stages. First there has to be an offer made by the offeror, there will be an acceptance by the offeree, and finally a binding contract will be made.
Therefore, Weber can accept Kavanaugh's offer to pay $10,000.
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The cost of negative externalities that harm the environment, such as pollution costs:
a. cause GDP to underestimate true welfare in the economy.
b. are not included in GDP.
c. cause GDP to decline, but by only the cost of cleanup.
d. negatively affect the level of GDP by the full amount of the damage.
Answer:
a. cause GDP to underestimate true welfare in the economy.
Explanation:
GDP is the total value of goods & services produced by an economy during a period of time.
Externalities are extra harm or benefit to un-involved parties, without any monetary exchange for the same.
Extra benefit to other parties are Positive Externalities, Eg - Education benefit trickling down to society. Extra harm to other parties are Negative Externalities, Eg - Pollution harming society.
GDP i.e Flow of goods & services is only a measure of material welfare, because it ignores qualitative welfare elements like externalities.
Negative Externalities are harm to people's welfare, without monetary exchange. So, this makes GDP as an under estimated measure of welfare.
On September 1, 2021, Hiker Shoes issued a $108,000, 8-month, noninterest-bearing note. The loan was made by Second Commercial Bank where the stated discount rate is 10%. Hiker's effective interest rate on this loan (rounded) is: (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Answer:
effective interest rate = 4.75 %
Explanation:
given data
principal = $108,000
time = 8 months = [tex]\frac{8}{12}[/tex] year
rate = 10%
solution
we get here first interest that is
interest = principal × rate × time .................1
put here value
interest = $108,000 × 10% × [tex]\frac{8}{12}[/tex]
interest = $7200
so here effective interest rate will be here as
effective interest rate = [tex]\frac{interest}{principal- interest}[/tex] × time ...........2
put here value
effective interest rate = [tex]\frac{7200}{108000-7200}[/tex] × [tex]\frac{8}{12}[/tex]
effective interest rate = 0.04761
effective interest rate = 4.75 %
Economic activities whose location does not rely on factors such as the location of raw materials, transportation costs, and large labor forces are called what?
Answer:
The correct answer is: Footloose Activities.
Explanation:
Footloose Activities are those that do not change in costs regardless of the location where they are performed. In the corporate world, Footloose Industries are usually those that have almost fixed manufacturing costs anywhere around the world and include computer chips production, for instance.
Which of the following is NOT one of the 10 strategic operations management decisions? A. supply chain management B. layout strategy C. mass customization D. process and capacity design E. maintenance
answer would be Mass customization
One of the 10 strategic operating management decisions should not involve mass customization.
The information related to the operations management decisions is as follows:
The operations management motive is to maximize the efficiency at the time when the goods and services should be generated so that the needs of the customer could be fulfilled.The operation decisions should include the decision that contains the strategic in nature that contains the long-term result and include more expense and commitment related to the resources.It involves the supply chain management, strategy related to the layout, the design related to the process & capacity, maintenance, etcTherefore we can conclude that one of the 10 strategic operating management decisions should not involve mass customization.
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You are trying to determine how much money to save (invest) each year in your 401(k) Plan to fund your retirement in order to pay yourself 70% of your final salary each year (that increases with inflation).
Answer:
the money you will invest per year to fund 70% of your salary after retirement is given by,
[tex]\frac{401000}{100}[/tex] X 70%=280 700.
Explanation:
you will need to save 280 700 in order to pay yourself 70% of 401 000.
since percentage is by 100, you will divide the salary by 100 and multiply the result by the new percentage.
Francis is competing with his brother Benedict to see who can pay off a loan faster. They both borrow $2,000 at an interest rate of 6%. Francis will start paying back his loan today making annual payments of $100. Benedict starts making payments 4 years from now and pays $150 per year. Who pays off their loan sooner?
Answer:
Benedict will take less time pay off his loan as compared to his brother Francis. If Francis pay off $100 per year then it will take almost 20 years to pay him off the loan and approx two years for the interest which will be accumulating 6% annually and will become almost $120 in 20 years, whereas, Benedict, starting from 4 years from now by paying $150 per year will take
1Year 2Year 3 Year 4Year 5Year 6Year 7Year 8Year 9Year
$0 $0 $0 $0 $150 $150 $150 $150 $150
10Year 11Year 12Year 13Year 14Year 15Year 16year 17Year 18Year
$150 $150 $150 $150 $150 $150 $150 $150 $150 = $2000
Therefore, Benedict will take less time to pay off his loans.
Francum Company has the following data: direct labor $237,300, direct materials used $192,900, total manufacturing overhead $250,060, and beginning work in process $30,450.
Compute (a) total manufacturing costs and (b) total cost of work in process.
Total manufacturing costs
Total cost of work in process
Answer:
(a) $680,260
(b) $710,710
Explanation:
Given that,
Direct labor = $237,300
Direct materials used = $192,900
Total manufacturing overhead = $250,060
Beginning work in process = $30,450
(a) Total manufacturing costs:
= Direct materials used + Direct labor + Total manufacturing overhead
= $192,900 + $237,300 + $250,060
= $680,260
(b) Total cost of work in process:
= Beginning work in process + Total manufacturing costs - Closing work in process
= $30,450 + $680,260 + $0
= $710,710
In January 2017, Domingo, Inc., acquired 20 percent of the outstanding common stock of Martes, Inc., for $889,000. This investment gave Domingo the ability to exercise significant influence over Martes, whose balance sheet on that date showed total assets of $4,808,000 with liabilities of $968,000. Any excess of cost over book value of the investment was attributed to a patent having a remaining useful life of 10 years. In 2017, Martes reported net income of $225,000. In 2018, Martes reported net income of $276,250. Dividends of $104,000 were declared in each of these two years. What is the equity method balance of Domingo’s Investment in Martes, Inc., at December 31, 2018?
Answer:
$923,450
Explanation:
The question is to calculate the equity method balance of Domingo's investment in Martes. Inc at December 31,2015
Step 1: Determine the amortization of patents
Particulars Amount
Martes Inc Assets' Book Value $4,808,000
Subtract: Liabilities ($968,000)
Martes Inc Net Assets Book Value $3,840,000
20% Voting Stock Book Value $768,000
(20% of $3,840,000)
Subtract: Purchase cost of the 20% ($889,000)
Excess of Cost over book value $121,000
Patent (the excess above) $121,000
Amortization of the patent in 10 years = $121,000/10 years = $12,100
Step 2: Calculate the Equity Investment of Domingo Inc
Particulars Amount
Cost of Investment $889,000
Income accrued 2017 (0.2 x $225,000) $45,000
Subtract: Declared dividend (0.2 x $104,000) ($20,800)
Income Accrued 2018 (0.2 x $276,250) $55,250
Subtract: Patent Amortization ($12,100)
Subtract: Dividend declared 2018 (0.2 x $104,000) ($20,800)
Subtract: Patent Amortization ($12,100)
Domingo Inc's Investment in Martes Inc $923,450
How might social media be used to develop more trust- ing relationships between management and employees? Between a company and its customers?
Answer:
The following are six ways in which brands can begin to build trust through social networks.
Explanation:
Thought leadership communication
One way for a brand to lose credibility before a social audience is to simply spam them with "opportunities" to buy a product or service without providing any value. This value can come in many forms, but it must be designed to teach, entertain, ignite discussions and get honest comments. Social networks are the perfect platform for a brand to communicate its experience in a particular industry, and it does so by providing excellent content that people will share with others. This is how companies can become opinion leaders in their space.
Transparency
this is an area that executives and decision makers have feared most, but an obstacle that must be overcome for a company to succeed using social networks. In today's digital world, transparency is an inherent reality, as people will talk about the problems associated with their online brand. Companies must accept this and get involved in guiding that conversation. In an eMarketer report, 77% of shoppers said they are more likely to buy from a company if the CEO uses social media, and 82% trust the company more. This is impressive and shows how consumers want to interact with high-level brands and executives.
Fast and responsive customer communication
if consumers know that they can communicate with their company through social networks and are encouraged to do so, this is a good opportunity to deliver a unlimited service in front of a large audience. Do not be afraid of customer complaints. Approach them head on. These opportunities can often become excellent testimonials when customers are handled with care.
Guarantees responsibility
when companies openly participate in social networks and encourage their audience to interact with them, a certain level of responsibility is guaranteed. By using social networks aggressively, a brand can be responsible for providing excellent products, services and customer service. They can't afford not to! But isn't that the goal anyway?
Fun and simple commitment
Another way to build and maintain trust is through entertainment. Do not always try your company and its services or value. This energies the thought of leadership and content marketing. Provide value in a fun and creative way through daily content, applications, videos, contests, sweepstakes and infographics. The opportunities are endless.
Social responsibility
An excellent way to build trust with your customers is to let them know that you care about others rather than yourself. The same goes for creating brand value. Socially responsible brands often gain more momentum because their customers know that it is not just about profits, but that they are also giving back to their communities or the world around them. Public channels such as social media are the perfect platform to communicate this message and let it spread organically. For example, Marriott is conducting a registration campaign that encourages guests to register, and the hotel will donate $ 2 to charities. This promotion is intended to take advantage of a typical social interaction for the common good.
Consider these six methods of building trust when marketing your brand through social networks. There are many other ways for companies to create brand confidence in the digital space
Two years ago, you invested $3,000.00. Today, it is worth $3,750.00. What rate of interest did you earn?
The annual interest rate is 11.803%.
Assumptions:
- Interest is compounded annually.
The Uniform Electronic Transaction Act (UETA): a. has been adopted in all 50 states. b. has been declared unconstitutional. c. is the same as E-sign. d. none of the above
Answer:
d. none of the above
Explanation:
The Uniform Electronic Transaction Act (UETA) -
The act was given by National Conference of Commissioners on Uniform State Laws (NCCUSL) in the year 1999 , which includes 47 states in total .
The main motto of this act is to bring harmony amongst these states by papers records and electronic signature .
Hence , from the given information of the question,
none of the statement about the Uniform Electronic Transaction Act (UETA) is correct .
Therefore , the correct option is d. none of the above .
Answer:
The correct answer is letter "D": none of the above.
Explanation:
The Uniform Electronic Transaction Act (UETA) is a valid U.S. treaty that aims to provide the same value to electronic and paper transactions. It was adopted since 1999 by the National Conference of Commissioners on Uniform State Laws (NCCUSL) by 47 states which did not include New York, Illinois, and Washington.
The UETA is usually related to the Electronic Signatures in Global and National Commerce Act (E-signed) which is an individual federal U.S. law passed in 2000 to recognize electronic signatures and set the guidelines of how they must be used.
After brainstorming potential solutions to a problem, your project team has decided to implement a solution. However, one team member is clearly resistant to the team's decision. Although the person is critical to the project's success, any further delays might mean that critical deadlines are missed. The best action to take would be to ___________.
This is one of those things that you can answer in multiple different ways. I believe you would either say to talk with you team member away from the group to see if that changes anything but second I'd probably find a fair compromise.
A human resource employee who works in many different areas likely has a ______ job. a. generalist b. knowledge c. technical d. specialist
Answer:
A human resource employee who works in many different areas likely has a generalist job
Explanation:
A generalist will have a good knowledge over several areas thus; it can combine ideas from this areas and and apply them into the different taks given.
An specialist will only focus on a given area and will not switch into another as it doens't have the knowledge to do so.
technical will also focus on their particular skills.
Households: a. are the largest purchasers of resources. b. supply goods and services. c. play a very minor role in an economy. d. set the price for goods. e. own and sell resources.
Answer:D
Explanation:
Because email, chat, and text messages are less formal methods of communication, good technical writing skills are less important for these messages.
O True
O False
It is false, it really depends on the situation
The town of Pittsford, NY is in need of a new water treatment plant to meet its average daily demand of 18, 000 m3/d and is accepting proposals from consulting firms. EMW Environmental has proposed to construct a plant which will be capable of producing 1750 m3/h and will have a storage reservoir to hold 3, 975m3of water. A second firm, EnviroSolution, is proposing Pittsford construct a plant which will produce 2, 250 m3/h, but will not have any storage capacity. Which proposal do you recommend? Show all calculations and provide a multi-sentence explanation of your decision.
Answer:
The 1st plant with a storage reservoir is a better option as compared to that of the 2nd plant.
Explanation:
Suppose the factor for variation in hourly demand is 2 So the average hourly demand is given as
Average Hourly Demand=Factor x Average Daily Demand
AHD=2 x 18000 m3
AHD=36000 m3
For the first pump
The Quantity in storage tank is 3975 m3
So the amount of pumping required is
[tex]Q_{pump1}=AHD-Q_{reservoir}\\Q_{pump1}=36000-3975 \\Q_{pump1}=32025 m^3[/tex]
For this value the pump will work for following hours
[tex]t_{pump1}=\frac{Q_{pump}}{pumping rate_1}\\t_{pump1}=\frac{32025}{1750}\\t_{pump1}=18.3 \, hours[/tex]
So the pump 1 can complete the demand of the town by working for 18.3 hours.
Now in order to complete the demand, the second pump is given as
[tex]Q_{pump2}=AHD\\Q_{pump2}=36000 m^3[/tex]
For this the pump will work for as
[tex]t_{pump2}=\frac{Q_{pump2}}{pumping rate_2}\\t_{pump2}=\frac{36000}{2250}\\t_{pump2}=16 \, hours[/tex]
So the pump 2 requires 16 hours to complete the demand of the town.
Here it is important to note that the realistic demand of the water can vary from the average value and thus when there is a drastic requirement of water in certain cases, the pump 2 will fail. Also pump 2 has to be run continuously and will produce excessive water which will be wasted if the hourly demand is less than that of the production value.
In context of this, the 1st plant with a storage reservoir is a better option as compared to that of the 2nd plant.
Retained earnings a.over time will have a direct relationship with the amount of cash on hand if the corporation is profitable. b.cannot have a debit balance. c.is the cumulative total of net income plus dividends. d.is the cumulative total of net income, minus net losses, and minus dividends.
Answer:
d.is the cumulative total of net income, minus net losses, and minus dividends.
Explanation:
As we know that
The stockholder equity statement involves the common stock and the retained earnings statement
It is prepared to find out the ending balance of common stock and the retained earning that is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income or minus net loss - dividend paid
And, the ending balance of the common stock = Beginning balance of common stock + issuance of the shares
: How does horizontal growth differ from vertical growth as a corporate strategy? From concentric diversification?
Answer:
Explanation:
Horizontal Growth is a growth in which the company extend its business by obtaining larger share of its market by acquiring its competitors.
Example: Apple iphone acquires samsung.
Vertical growth is growth in which company acquires another entity in it's supply chain there are two kinds of vertical growth:
1) Backward : in this growth the company acquires its suppliers such as car assembling Company acquires Tyre supplying company.
2) Forward : in this growth the company enters in to customers market by acquiring its customers such as leather production company acquires shoe making company.
Fatima is struggling in her job and is experiencing increased dissatisfaction. She related to you that her manager has been unfair to her because her manager gave a promotion to a coworker who deserved it less than she did. She has also said on numerous occasions that she does not like her manager. Just yesterday, Fatima shared with you that she intends to continue in her job. You have also been hearing from several other coworkers that she is complaining about her manager to anyone who will listen. Fatima's statement that she intends to continue in her job in spite of her dissatisfaction makes you think that Fatima will likely experience _______________.a. The cognitive component of her attitude about her managerb. The evaluation component of her attitude about her managerc. The affective component of her attitude about her managerd. Cognitive dissonancee. The behavioral component of her attitude about her manager.
Answer:
Cognitive dissonance
Explanation:
Cognitive dissonance is a psychological notion when an individual experiences thoughts and emotions that are not consistent (no matter the environment). In this example, it was expected from Fatima to quit her job (since she hated the manager). In spite of that, she continued to work. That caused the cognitive dissonance in her behavior, as she changed her attitude.
When supply is > demand for a business is: a. High profit b. Customer dissatisfaction impact c. Ideal d. Wasteful/Costly
Answer:
The correct answer is letter "B": Customer dissatisfaction impact.
Explanation:
Customer dissatisfaction arises when the good or service provided by a company does not meet the needs of the consumers. The direct result of this situation is reflected in the quantity demanded of the product in reference, provoking an overload of supply since the buyers start purchasing less every time.
How much must you invest now in a savings account that earns 11.5% per year if you would like to have $2500 in 7 years?
Answer:
$1,166.85
Explanation:
We use the PV function that is presented in the attachment. Kindly find the attachment below:
Mentioned that
Future value = $2,500
Time period or NPER = $2,500
Rate of interest = 11.5%
PMT = $0
Now the formula which is used is shown below:
= -PV(Rate;NPER;PMT;FV;type)
After solving this, the answer is $1,166.85
Many factors have an impact on the definition of the marketing research problem.These factors encompass the environmental context of the problem. Which of thefollowing is notone of the factors?
a.marketing and technological skills
b.objectives
c.past information and forecasts
d.political environment
Answer:
The correct answer is letter "D": political environment.
Explanation:
The marketing research problem intends to collect the most quantity of information possible about consumers to find out how effective is the current advertising campaign of a company. The marketing research problem mainly focuses on the interaction between an organization and its customers in front of issues such as loss of market share.
All those interactions that involve analyzing the market as a whole, such as the introduction of products in a foreign region, or the impact of politics in the market involve talking about the management decision problem.
Final answer:
Political environment is not a direct factor in the definition of a marketing research problem, although it influences broader market conditions. Environmental factors like marketing skills, objectives, and past information are crucial when defining research problems.
Explanation:
When defining the marketing research problem, it is essential to consider various environmental factors that can impact the feasibility and scope of the research. Some of these factors include marketing and technological skills, objectives of the research, past information and forecasts, as well as socio-political contexts. However, political environment as a standalone factor is typically not directly involved in the formulation of a marketing research problem, whereas it may generally influence the broader market conditions.
Understanding environmental context such as social, economic, and technological factors can greatly assist in recognizing the background and setting within which a marketing problem exists. Moreover, conducting preliminary investigations and relying on existing information can provide valuable insights and help in defining a precise and relevant research question. Option D