1- The General Store at State University is an auxiliary bookstore located near the
dormitories that sells academic supplies, toiletries, sweatshirts and T-shirts,
magazines, packaged food items, and canned soft drinks and fruit drinks. The
manager of the store has noticed that several pizza deliv- ery services near
campus make frequent deliveries. The manager is therefore considering selling
pizza at the store. She could buy premade frozen pizzas and heat them in an
oven. The cost of the oven and freezer would be $27,000. The frozen pizzas
cost $3.75 each to buy from a distributor and to prepare (including labour and
a box). To be competitive with the local delivery services, the manager believes
she should sell the pizzas for $8.95 apiece. The manager needs to write up a
proposal for the university’s director of auxiliary services.
a) Determine how many pizzas would have to be sold to break even.
b) If the General Store sells 20 pizzas per day, how many days would it
take to break even?
c) The store manager anticipates that once the local pizza delivery services
start losing business, they will react by cutting prices. If after a month (30
days), the manager has to lower the price of a pizza to $7.95 to keep
demand at 20 pizzas per day, as she expects, what will the new breakeven point be, and how long will it take the store to break even? (Please
pay attention to the portion of fixed cost which is not covered after the
first month)

The two reports that are among the top 20 memorized reports that convert from QuickBooks Desktop to QuickBooks Online are Profit and Loss and Balance Sheet reports.

The Profit and Loss report, also known as the Income Statement, shows the revenue and expenses of a business over a specified period. It helps in understanding the profitability of a business by highlighting the revenue earned, cost of goods sold, and expenses incurred. Business owners can use this report to identify areas where they can reduce expenses and increase revenue.

On the other hand, the Balance Sheet report shows the financial position of a business at a particular point in time. It presents a snapshot of the assets, liabilities, and equity of a business. It helps in understanding the liquidity of a business and its ability to meet its financial obligations. Investors use this report to evaluate the financial health of a business before making investment decisions.

In summary, the Profit and Loss and Balance Sheet reports are essential reports that every business owner needs to understand to make informed financial decisions. They provide valuable insights into the financial health of a business and help in identifying areas that require improvement.

Know more about Profit and Loss report here:

https://brainly.com/question/2570372

#SPJ11

Risk Evaluation:

Risk Control:

Includes risk monitoring

Includes action for minimizing risks

Includes prioritization of measures

To evaluate the chances and possible drawbacks of potential hazards on a project, company, or institution, and choosing which dangers necessitate additional measures.

Making a decision involves evaluating the probability of a risk happening alongside the seriousness of its outcomes and determining if the possible advantages justify the possible drawbacks. Smart risk assessment enables the identification of high-priority risks and informs the allocation of resources to effectively manage them.

Learn more about Risk Evaluation from

https://brainly.com/question/1224221

#SPJ1

drag each label to the correct location on the image.

Project manager Anna is working with her team on risk management. Match the components of risk management with what each component involves.

Risk Evaluation                            Risk Control

includes risk identification

includes impacts of risks and responses

Includes risk monitoring

Includes action for minimizing risks

includes analysis of consequences

includes prioritization of measures

To encourage individual performance development in a new remote team, it's important to first ensure team members understand the larger goals of the company, then set clear expectations with SMART goals, and schedule regular feedback sessions.

A)Setting clear expectations for each team member with SMART goals is an important step in encouraging individual performance development. SMART goals are time-bound, relevant, specified, measurable, and achievable.

By setting SMART goals, team members have a clear understanding of what is expected of them and what they need to accomplish to be successful.

B) Ensure that team members are aware of the organization's overarching objectives.

When meeting with a new remote team for the first time, it is important to ensure that team members understand the larger goals of the company.

This can help them understand how their individual work contributes to the overall success of the organization and can motivate them to perform better. It can also help them prioritize their work and make better decisions.

Once team members have a clear understanding of the company's goals, you can then move on to setting clear expectations for each team member with SMART goals.

These objectives must to be clear, quantifiable, doable, timely, and relevant.SMART goals provide a clear direction for team members and help them focus on the most important tasks.

C) Finally, scheduling regular performance reviews can help team members track their progress and receive feedback on their work. This feedback can be used to identify areas for improvement and set new goals.

However, it is important to note that performance reviews should not be the only time team members receive feedback. Providing regular feedback throughout the year can help team members improve their performance and feel more engaged in their work

To Know more about performance

brainly.com/question/15466511

#SPJ1

Answer:

Explanation:Concept of conservatism

In contrast to costs, which are recognised earlier when there is a reasonable likelihood that they will be incurred, revenue is only recorded when there is a reasonable certainty that it will be realised.  Financial statements produced using this idea typically have a more cautious tone.

Concept of consistency

Once a company decides to employ a certain accounting technique, it should do so going forward. Thus, it is possible to compare financial statements created for various periods in a trustworthy manner.

1 and 2- Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty.

3-  The overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.

4 and 5- Refer to false positives and false negatives.

6,7 and 8- Refer to different measures of the model's performance.

9- If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well.

To answer the first two questions, we need to know what is meant by "lift." Lift refers to the increase in response rate compared to a baseline response rate. In this case, it likely refers to the increase in the likelihood of a customer responding to the company's targeted marketing efforts compared to if they were not targeted at all.  Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty. However, we can say that the lift will likely be higher when more customers are targeted, as there will be more opportunities for the marketing efforts to be effective.

Moving on to question 3, the overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.  Questions 4 and 5 refer to false positives and false negatives. A false positive occurs when the model predicts a positive outcome (such as a customer responding to the marketing efforts) but the actual outcome is negative. A false negative occurs when the model predicts a negative outcome (such as a customer not responding to the marketing efforts) but the actual outcome is positive.

Questions 6-8 refer to different measures of the model's performance. Recall measures the proportion of actual positives that were correctly identified by the model. Precision measures the proportion of predicted positives that were actually positive. F-measure is a weighted average of recall and precision, giving equal importance to both measures.  

Based on the answers to questions 3-8, we can assess the overall performance of the model. If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well. High recall and precision scores also indicate good performance. The F-measure takes both recall and precision into account, so a high F-measure is a good sign.

For more such questions on model

https://brainly.com/question/28445323

#SPJ11

When adding a client with a subscription via QuickBooks Online Accountant, it is essential to provide specific details to ensure accurate billing and management.

Out of the terms you provided, the following four details are necessary:

1. Client's basic information: This includes the client's name, email address, phone number, and company name. This information helps to identify and communicate with the client effectively.

2. Client's billing address: It is essential to input the client's billing address to ensure accurate invoicing and receipt of payments. This also helps in managing tax-related obligations.

3. Subscription type: Select the appropriate subscription plan for the client based on their requirements, such as QuickBooks Simple Start, Essentials, or Plus. This determines the features the client will have access to and the subscription cost.

4. Who should be billed for the subscription: You must specify whether the accountant or the client should be billed for the subscription. This helps in proper billing management and clarifies the party responsible for the subscription payments.

These details ensure that the client's subscription is set up correctly, allowing for efficient billing and subscription management within QuickBooks Online Accountant. Remember to keep your client's information updated to maintain a smooth and accurate billing process.

For more such questions on, management :

https://brainly.com/question/10323115

#SPJ11

This is a linear programming problem. In this case, we want to maximize profit while satisfying the constraints given.

Let x1, x2 and x3 be the number of half-gallon cartons of Food Max’s brand, local dairy brand and national brand respectively. Then the objective function is:

Maximize 0.97x1 + 0.83x2 + 0.69x3

The constraints are:

x1 + x2 + x3 <= 361216 (total refrigerated shelf space allotted to half-gallon cartons of milk is 36 square feet per week, and a half-gallon carton takes up 16 square inches of shelf space)

x3 >= x1 + x2 (each week Food Max always sells more of the national brand than of the local dairy brand and its own brand combined)

x3 >= 3x1 (at least three times the amount of the national brand as the company's own brand)

x2 <= 10*12 (the local dairy can supply only ten dozen cartons per week)

Linear programming (LP), often known as linear optimisation, is a strategy for achieving the optimum outcome (such as highest profit or lowest cost) in a mathematical model with linear connections representing the criteria. Linear programming is a subset of mathematical programming (sometimes referred to as mathematical optimization).

Linear programming is a technique for optimizing a linear objective function under linear equality and linear inequality constraints. Its viable region is a convex polytope, which is a set defined as the intersection of an infinite number of half spaces, each specified by a linear inequality. Its goal function is a polyhedral real-valued affine (linear) function.

Learn more about linear programming here:

brainly.com/question/31758568

#SPJ1

Answer:

you can use it to ask questions,

there is also the premium Version where you can chat with tutors