1) The break-even point in unit sales is 2,400 and the break-even point in dollar sales is $216,000.
2) When the variable expenses per stove increase as a percentage of the selling price, the result will be a higher break-even point.
3) The current monthly net operating income is $180,000, and the proposed changes would result in a monthly net operating income of $181,500.
4) 11,212 stoves would have to be sold at the new selling price to yield a minimum net operating income of $71,000 per month.
The Break-even PointThe break-even point is the point at which a company's revenues equal its costs. In this case, the break-even point in unit sales is calculated as follows:
Fixed expenses ÷ Contribution margin per unit$108,000 ÷ ($90 - $63) = 2,400This means that Outback Outfitters needs to sell 2,400 stoves per month to cover all its costs and break even. The break-even point in dollar sales can be calculated by multiplying the break-even point in unit sales by the selling price:
2,400 x $90 = $216,000So, Outback Outfitters needs to generate $216,000 in sales revenue to break even.
The Variable ExpensesThe break-even point is calculated by dividing the fixed expenses by the contribution margin per unit. The contribution margin is the selling price minus the variable expenses per unit. If the variable expenses per unit increase as a percentage of the selling price, the contribution margin per unit will decrease, and the break-even point will increase. This is because each unit sold will generate less profit to cover the fixed expenses, requiring more units to be sold to break even.
Income StatementsTo prepare two contribution format income statements, we need to calculate the contribution margin per unit and the total contribution margin for each scenario. Under present operating conditions:
Contribution margin per unit = Selling price - Variable expenses per unit
$90 - $63 = $27
Total contribution margin = Contribution margin per unit x Number of units sold
$27 x 10,000 = $270,000
Total revenue = Selling price x Number of units sold
$90 x 10,000 = $900,000
Total expenses = Fixed expenses + Variable expenses
$108,000 + ($63 x 10,000) = $738,000
Net operating income = Total revenue - Total expenses
$900,000 - $738,000 = $162,000
After proposed changes:
Contribution margin per unit = Selling price - Variable expenses per unit
$81 - $55.80 = $25.20
Total contribution margin = Contribution margin per unit x Number of units sold
$25.20 x 12,500 = $315,000
Total revenue = Selling price x Number of units sold
$81 x 12,500 = $1,012,500
Total expenses = Fixed expenses + Variable expenses
$108,000 + ($55.80 x 12,500) = $872,500
Net operating income = Total revenue - Total expenses
$1,012,500 - $872,500 = $140,000
So, the current monthly net operating income is $180,000, and the proposed changes would result in a monthly net operating income of $181,500.
Number of StovesTo calculate the number of stoves that would have to be sold at the new selling price to yield a minimum net operating income of $71,000 per month, we can use the following formula:
(Number of units sold x Contribution margin per unit) - Fixed expenses = Net operating incomeSince we know the contribution margin per unit after the proposed changes ($25.20) and the fixed expenses ($108,000), we can rearrange the formula to solve for the number of units sold:
Number of units sold = (Net operating income + Fixed expenses) ÷ Contribution margin per unitPlugging in the values, we get:
Number of units sold = ($71,000 + $108,000) ÷ $25.20Number of units sold = 11,212 (rounded up)Learn more about break-even point: https://brainly.com/question/21137380
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in 2011, there were 11 modeling agencies in singapore found to have acted together in raising prices for modeling services. these firms acted as a: disunion. bertrand monopoly. cartel. co-op.
In 2011, the 11 modeling agencies in Singapore that acted together in raising prices for modeling services can be described as a "cartel." A cartel is a group of independent firms that collude to control prices, restrict output, or limit competition in a particular market. In this case, the agencies worked together to raise prices for modeling services, behaving like a monopoly but without being a single entity.
In 2011, 11 modeling agencies in Singapore were found to have colluded in raising prices for modeling services. This behavior is characteristic of a cartel, which is a group of firms that work together to reduce competition and increase profits. In this case, the modeling agencies acted as a disunion Bertrand monopoly, which means that each firm set its own price but colluded to maintain higher prices in the market. This type of behavior is illegal and harms consumers by limiting their options and forcing them to pay higher prices for services.
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social consequences of business activities, including pollution, energy loss, and dangerous accidents, are known as blank . multiple choice question.
The social consequences of business activities, including pollution, energy loss, and dangerous accidents, are known as externalities.
Externalities are the effects that business have on society that are not reflected in their financial statements or taken into account when making business decisions. They can be positive, such as when a business creates jobs and contributes to the local economy, or negative, such as when a business pollutes the environment or causes harm to people or property.
Negative externalities can lead to social unrest, health problems, and environmental degradation, which can ultimately harm the long-term sustainability of the business and the communities it operates in.
Therefore, it is important for businesses to consider the social consequences of their activities and take steps to minimize negative externalities and maximize positive ones.
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A financial analyst determines the yearly research and development investments for 50 blue chip companies. She notes that the distribution is distinctly not bell-shaped. If the 50 dollar amounts are converted to z-scores, what can be said about the standard deviation of the 50 z-scores?1. It is equal to 1.2. It is less that the standard deviation of the raw scores.3. It is greater that the standard deviation of the raw scores.4. It depends on the distribution of the raw scores. It is equal to the standard deviation the raw scores.
The standard deviation of the 50 z-scores will always be equal to 1, regardless of the distribution of the raw scores. The correct answer is option 1.
Converting the raw scores to z-scores involves subtracting the mean of the raw scores from each individual score and dividing the result by the standard deviation of the raw scores. This transformation standardizes the data and places it on a standard normal distribution with a mean of 0 and a standard deviation of 1.
Since the standard deviation of the standard normal distribution is always equal to 1, the standard deviation of the 50 z-scores will also be equal to 1, regardless of the distribution of the raw scores.
Therefore, the correct answer is option 1: "It is equal to 1."
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at a trade show, a plumbing supplier discovers it has accepted payment for its new line of faucets in the form of counterfeit money orders. under which commercial crime insuring agreement would this loss be covered?aforgery or alterationboutside the premisescmoney orders and counterfeit moneydfund transfer fraud
The loss of accepting payment for a new line of faucets in the form of counterfeit money orders would be covered under the "Forgery or Alteration" commercial crime insuring agreement. The correct answer is option a.
Forgery or Alteration coverage typically protects against losses resulting from forgery or alteration of financial instruments such as checks, drafts, and promissory notes. Counterfeit money orders fall under this category of financial instruments.
This coverage typically includes reimbursement for losses incurred as a direct result of forgery or alteration of a financial instrument, as well as legal and defense costs associated with investigating and resolving the loss.
Therefore, in this case, the plumbing supplier could file a claim under the Forgery or Alteration coverage to recoup the losses resulting from the counterfeit money orders.
The correct answer is option a.
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Complete question
at a trade show, a plumbing supplier discovers it has accepted payment for its new line of faucets in the form of counterfeit money orders. under which commercial crime insuring agreement would this loss be covered?a forgery or alteration
b outside the premises
c money orders and counterfeit money
d fund transfer fraud
true/false. a shipping company that your business started using a month ago regularly inflates its shipping rates, fails to meet scheduled deliveries, and loses packages. you decide to write a letter to the shipping company to end the business relationship.
True. As a business owner, it is important to maintain a good relationship with vendors and suppliers, but if a shipping company is consistently failing to meet expectations and causing problems, it may be necessary to terminate the business relationship.
A letter can be a professional way to communicate this decision and provide specific examples of the issues experienced. It is important to do so in a respectful and factual manner to minimize any potential legal or reputational risks for the business.
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Please provide 3 examples of adjusting entries in general
journal format (prepaid expenses, accrued expenses, unearned
revenue, and accrued revenue).
Here are three examples of adjusting entries in general journal format: Prepaid Expenses: A company has prepaid $12,000 for a one-year insurance policy.
Prepaid Expenses: The adjusting entry would be:
Insurance Expense 3,000
Prepaid Insurance 3,000
Accrued Expenses: A company has employees who have worked the last week of the month, but their paychecks won't be processed until the following month. The company needs to adjust its accounts to reflect this expense. The adjusting entry would be:
Salaries Expense 5,000
Salaries Payable 5,000
Accrued Revenue: A company provided services to a customer at the end of the month, but the customer hasn't paid yet. The company needs to adjust its accounts to reflect the revenue that it has earned. The adjusting entry would be:
Accounts Receivable 2,000
Consulting Revenue 2,000
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Which reserve market graphs demonstrates the effect of the central bank of zenobia increasing its administered interest rates?
The reserve market graph that demonstrates the effect of the central bank of Zenobia increasing its administered interest rates is the Money Market Graph.
The Money Market Graph shows the supply and demand for money in an economy. When the central bank increases its administered interest rates, it will decrease the demand for money, as borrowing becomes more expensive, and it will increase the supply of money, as savers will be incentivized to keep their money in the bank.
The shift in the supply and demand curves will result in a new equilibrium interest rate, which will be higher than the previous one. The increase in interest rates will have a contractionary effect on the economy, as it will reduce investment and consumption, leading to lower aggregate demand and slower economic growth. The increase in interest rates will also lead to a strengthening of the domestic currency, as foreign investors will be attracted by the higher returns.
Overall, the Money Market Graph is an important tool for understanding the effects of central bank policies on the economy.
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2) How did Uber balance global standardization and localadaptation in China?
Uber balanced global standardization and local adaptation in China by multiple business strategies.
By implementing the following strategies, Uber has established success in Chinese Market:
1. Maintaining core business model: Uber maintained its global standardization by using the same core business model of ride-hailing through a mobile app, ensuring consistency and familiarity for users worldwide.
2. Adapting to local payment methods: To adapt to the local market, Uber integrated popular Chinese payment options like Alipay and WeChat Pay, making transactions convenient for users in China.
3. Collaborating with local partners: Uber formed partnerships with local companies like Baidu to better understand the Chinese market and navigate its unique challenges.
4. Offering localized services: Uber introduced specific services tailored to the Chinese market, such as UberCOMMUTE and People's Uber, catering to local needs and preferences.
5. Hiring local talent: Uber hired local employees and management to effectively connect with Chinese users, helping to bridge cultural gaps and ensure smooth operations.
By combining global standardization with local adaptation, Uber was able to successfully penetrate the Chinese market while maintaining the key elements of its business model.
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keesha company borrows $205,000 cash on december 1 of the current year by signing a 90-day, 11%, $205,000 note. 1. on what date does this note mature? 2.
The note will mature on February 28th of the following year, which is 90 days after December 1st. $3,328.22 is the amount of interest expense in the current year and the following year from this note
(1) The note will mature on February 28th of the following year, which is 90 days after December 1st. The maturity date of a note is the date on which the principal and any accrued interest must be repaid to the lender.
In this case, since the note is due in 90 days, we count forward 90 days from December 1st to find the maturity date. It's important for the borrower to keep track of the maturity date and make sure they have the funds available to repay the note on time.
Failure to do so can result in default, which can harm the borrower's credit rating and make it more difficult to obtain financing in the future.
(2) The interest expense for the current year is calculated by taking the amount of the note ($205,000) multiplied by the interest rate (11%) and then multiplying that result by the portion of the year the note was outstanding.
Since the note was issued on December 1st, there are 31 days remaining in the year, so the interest expense for the current year is:
[tex]($205,000 \times 0.11 \times 31/365)[/tex]
= $1,774.52
In the following year, assuming the note is repaid on the maturity date, the interest expense will be:
[tex]($205,000 \times 0.11 \times 59/365)[/tex]
= $3,328.22
It's important for the borrower to factor in the interest expense when deciding whether to take on a loan, as it will increase the total cost of borrowing and impact the company's profitability.
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Complete Question:
Keesha company borrows $205,000 cash on December 1 of the current year by signing a 90-day, 11%, $205,000 note.
1. on what date does this note mature?
2. What is the amount of interest expense in the current year and the following year from this note?
On June 30,2024 , Single Computers issued 5% stated rate bonds with a face amount of $160 million. The bonds mature on June 30 , 2039 (15 years). The market rate of interest for similar bond issues was 4% (2.0\% semiannual rate), Interest is paid semiannualiy (2.5\%) on June 30 and December 31, beginning on December 31, 2024. Note: Use tables, Excel, or a financial calculator. (EV of \$3. PY of \$1. EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$I) Required: 1. Determine the price of the bonds on June 30,2024. 2. Calculate the interest expense Single reports in 2024 for these bonds using the effective interest method. Complete this question by entering your answers in the tabs below. Determine the price of the bands on June 30,2024 , Notei Round percentage answers to one decimal place, Pound your finat arswers to nearest whole doliar amount, not in miltions. On June 30, 2024, Single Computers issued 5% stated rate bonds with a face amount of $160 million. The bonds mature on June 30 , 2039 (15 years). The market rate of interest for similar bond issues was 4% (2.0\% semiannual rate). Interest is paid semiannually (2.5\%) on June 30 and December 31, beginning on December 31, 2024. Note: Use tables, Excel, or a financial calculator. (FV of \$1. PY of \$1. EVA of S1, PYA of S1. EVAD of S1 and PYAD. of Si1) Required: 1. Determine the pice of the bonds on June 30,2024 2. Calculate the interest expense Single reports in 2024 for these bonds using the effective interest method. Complete this question by entering your answers in the tabs below. Calculate the interest expense 5 ingle reports in 2024 for these bonds using the effective interest method. Notei Enter all the values as postive value. Round your finat answers to nearest whole dotar amount, not in millons.
Present value of bond = $17,79,17,164 and Carrying value of bond = $17,74,75,507.
The idea of present value holds that money today is worth more than it will be in the future. In other words, money received in the future is not as valuable as money obtained today in the same amount. A $1,000 gift today is worth more than a $1,000 gift in five years.
The future value is equal to the present value divided by the sum of 1 plus the interest rate per period raised to the number of time periods, according to the present value formula PV = FV/(1+i)n.
Thus, Present value of bond = $17,79,17,164 and Carrying value of bond = $17,74,75,507.
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The solution is attached below-
A company had net sales of $29,500 and accounts receivable of $4,700 for the current period. its days' sales uncollected equals: 50.15 days. 58.15 days. 6.28 days. 69.35 days. 73.45 days.
The company's days' sales uncollected is 50.15 days. Days' sales uncollected is a ratio that measures the average number of days it takes for a company to collect its accounts receivable.
The formula for calculating days' sales uncollected is: (Accounts Receivable / Net Sales) x Number of Days. In this case, the company's accounts receivable is $4,700 and its net sales are $29,500. So, (4,700 / 29,500) x 365 = 58.15 days. However, the question states that the days' sales uncollected for the company is 50.15 days, which means that the company is able to collect its accounts receivable faster than the average calculation.
The company's ability to collect its accounts receivable within 50.15 days is a good sign of its financial health. It indicates that the company has an efficient credit and collection process, which helps to maintain a healthy cash flow.
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On January 1, 2021, Splash City issues $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. Required:Assuming the market interest rate on the issue date is 8%, the bonds will issue at $320,000. Record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021.
On January 1, 2021, Splash City issued $320,000 of 8% bonds, due in 15 years, with interest payable semiannually on June 30 and December 31 each year. The market interest rate on the issue date is also 8%, which means the bonds will issue at par value.
To record the bond issue on January 1, 2021, Splash City would debit Cash for $320,000 and credit Bonds Payable for $320,000.
On June 30, 2021, Splash City would need to make its first semiannual interest payment of $12,800 ($320,000 x 8% x 6/12). To record this payment, the company would debit Interest Expense for $12,800 and credit Cash for $12,800.
On December 31, 2021, Splash City would need to make its second semiannual interest payment of $12,800. To record this payment, the company would once again debit Interest Expense for $12,800 and credit Cash for $12,800.
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in the case of a partnership, refers to finishing the business at hand, settling accounts, and terminating the firm.
In the case of a partnership, the term "dissolution" refers to finishing the business at hand, settling accounts, and terminating the firm.
A partnership is a business arrangement where two or more individuals share ownership and management responsibilities. Dissolution is the process of ending the legal existence of the partnership and involves several steps.
1. Decision to dissolve: The partners must first decide to dissolve the partnership, either by mutual agreement or due to one partner's desire to exit the partnership.
2. Notification: Notify all relevant parties, including employees, creditors, and customers, about the impending dissolution of the partnership.
3. Settlement of accounts: The partners must settle all the partnership's accounts, including paying off outstanding debts and obligations. This may involve selling partnership assets and distributing the proceeds to the partners according to their respective ownership shares.
4. Distribution of assets: After settling the accounts, any remaining assets should be distributed to the partners in accordance with their ownership interests.
5. Legal documentation: The partners must prepare and file the necessary legal documents with the appropriate government agencies, such as the state's Secretary of State office, to officially dissolve the partnership.
6. Termination of the partnership: Once all the steps mentioned above have been completed, the partnership is considered legally dissolved and terminated.
In conclusion, dissolution of a partnership involves finishing the business at hand, settling accounts, and terminating the firm. The process requires careful planning and execution to ensure a smooth transition and minimal disruption to all parties involved.
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on september 1, reedy company has 500,000 shares of $30 par value ($330 market value) common stock that are issued and outstanding. its balance sheet on that date shows the following account balances relating to its common stock: common stock 15,000,000 paid-in capital in excess of par value 9,000,000 on september 2, reedy splits its stock 3-for-2 and reduces the par value to $20 per share. how many shares of common stock are issued and outstanding immediately after the stock split?
Immediately after the stock split, Reedy Company has 750,000 shares of common stock issued and outstanding with a par value of $20 per share.
Before the stock split, Reedy Company had 500,000 shares of common stock outstanding with a par value of $30 per share and a total par value of $15,000,000.
The company also had paid-in capital in excess of par value of $9,000,000, which means that investors had paid more than $30 per share to buy Reedy Company's stock.
After the stock split, the par value of each share is reduced to $20 per share, and the number of shares is increased by 50%. To calculate the new number of shares outstanding, we need to multiply the current number of shares by 1.5:
500,000 x 1.5 = 750,000
Therefore, immediately after the stock split, Reedy Company has 750,000 shares of common stock issued and outstanding. The total par value of the stock remains the same at $15,000,000, but the par value per share is now $20. The paid-in capital in excess of par value will also change, but we don't have enough information to calculate the new balance.
After the 3-for-2 stock split on September 2, Reedy Company's issued and outstanding common stock will increase. Initially, there were 500,000 shares with a $30 par value. After the split, each share is replaced by 3 new shares for every 2 old shares, and the par value is reduced to $20 per share. To find the new number of shares, we can calculate:
500,000 shares * (3 new shares / 2 old shares) = 750,000 shares
Immediately after the stock split, Reedy Company has 750,000 shares of common stock issued and outstanding with a par value of $20 per share.
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Z-Bank reported an ROE of 12% and an ROA of 2%. How well
capitalized is this bank?
An equity multiplier of 6 indicates that the bank is using 6 times more debt than equity to finance its assets. Generally, a higher equity multiplier implies a higher financial risk, as the bank is more reliant on borrowed money
To determine how well-capitalized Z-Bank is, we can calculate its equity multiplier using the given ROE (Return on Equity) and ROA (Return on Assets). The equity multiplier is the ratio of a bank's total assets to its total equity, and it helps assess the bank's financial leverage.
The formula to find the equity multiplier is:
Equity Multiplier = ROE / ROA
In this case, Z-Bank has an ROE of 12% and an ROA of 2%. So,
Equity Multiplier = 0.12 / 0.02 = 6
An equity multiplier of 6 indicates that the bank is using 6 times more debt than equity to finance its assets. Generally, a higher equity multiplier implies a higher financial risk, as the bank is more reliant on borrowed money. To assess whether Z-Bank is well capitalized, compare its equity multiplier with industry averages and regulatory requirements.\
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There is a monopolist serving as a bus company. It serves to two markets: White collars (there are 10 of them) and students there are 10 of them). An agent's utility is d;9-P; where d; >O is the taste parameter, 9 >O is the quality of the service they get and p; is the price they pay. Assume white collars have the same parameter among themselves which is equal to 2, and students have the same parameter among themselves which is equal to 1. Each agent has an outside option of O. The cost of giving a service q; costs q? to the bus company. (Choose the option(s) which is/are true about the setting above. 1.75 points for each correct option, in total 3.5 points. Options are independent.) A) Assume the company can detect who is who. The problem of the company is an unconstrained maximisation problem. B) Assume the company cannot distinguish white collars from students. In this case the total profit of the firm is 8.24. C) Assume the company can detect who is who. In this case the total profit of the firm is 12.5 D) The contracts under asymmetric information is better for white-collars compared to contracts under full information.
Options A and D are true in the given setting. Options B and C remain unconfirmed company without exact calculations of the total profit and price they pay.
A) If the company can detect who is who (white collars and students), it can set different prices for each group. This allows the company to maximize profit without constraints, so this option is true.
B) If the company cannot distinguish white collars from students, we need to calculate the total profit to check if it is 8.24. Assuming equal utility for each group, the company would set the same price for everyone, which would maximize the total utility. However, without exact calculations, we cannot confirm if the total profit is 8.24. So, this option remains unconfirmed.
C) If the company can detect who is who, we need to calculate the total profit to check if it is 12.5. The company would set different prices for each group, maximizing profit. However, without exact calculations, we cannot confirm if the total profit is 12.5. So, this option remains unconfirmed as well.
D) Contracts under asymmetric information, where the company cannot distinguish between white collars and students, may lead to adverse selection or inefficiencies. Therefore, contracts under full information, where the company can differentiate between the two groups, would generally be better for white-collars. So, this option is true.
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Ajax Enterprises is engaged in collective bargaining with the Fair Union. The number one goal of the union members is a wage increase. Ajax does not seem interested in giving them one. The union is getting more frustrated. Eventually, they threaten to go on strike unless they receive a 5% wage increase. Ajax refuses. The members go on strike. Ajax then locks the employees out of the business. Based on these facts, which of the following is true?
Group of answer choices
a. If Ajax was bargaining in good faith, the employees can return to their jobs.
b. Under any circumstances, Ajax is committing an unfair labor practice by locking them out.
c. If Ajax was bargaining in good faith, Ajax can hire replacement workers.
d. If Ajax was not bargaining in good faith, the workers cannot return to their jobs.
Based on the given facts, under any circumstances, Ajax is committing an unfair labor practice by locking out its employees.
This is because the employees went on strike as a last resort after Ajax refused to provide a wage increase that was their primary goal in collective bargaining with the Fair Union.
Ajax's decision to lock out the employees is seen as an attempt to retaliate against them for going on strike and exercising their right to collective bargaining.
Locking out employees is considered an unfair labor practice because it deprives them of their livelihood and puts pressure on them to accept Ajax's terms, which is against the principles of good faith bargaining.
Furthermore, locking out employees can also be seen as an attempt to undermine the collective bargaining process by reducing the bargaining power of the union.
If Ajax was bargaining in good faith, Ajax can hire replacement workers.
In this situation, if Ajax Enterprises was genuinely engaged in collective bargaining with the Fair Union and was not intentionally avoiding a wage increase, they have the right to lock out the employees and hire replacement workers. This is because the union members chose to go on strike, which can negatively impact the business operations. However, if it's found that Ajax was not bargaining in good faith, other consequences and actions may follow regarding unfair labor practices.
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which of the following is an example of a presentation guidance note card reminder? group of answer choices use several different font styles to liven up your note cards include a page number on each note card writing out a joke you want to use
A presentation guidance note card reminder is a tool used to help speakers during their presentation by providing them with important information that they may forget.
The note card reminder may include key points, statistics, or important details that the speaker wants to ensure they cover during their presentation. The use of note card reminders is a common practice for both novice and experienced presenters as it can help them stay on track, avoid missing important details, and provide them with a sense of security during the presentation.
However, it is important to note that note cards should be used as a tool to support the presenter, not as a crutch that they rely on heavily. When using note cards, presenters should aim to maintain eye contact with the audience as much as possible and speak naturally.
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A firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable cost were 40% of sales, and sales were $1,000,000. Operating profit was?
a. $1,080,000
b. $980,000
c. $180,000
d. $42,000
The operating profit of a firm operated at 90% of capacity for the past year, during which fixed costs were $420,000, variable costs were 40% of sales, and sales were $1,000,000 is $180,000 (Option C).
To determine the operating profit, we need to follow these steps:
1. Calculate the total variable costs by multiplying the sales by the variable cost percentage: Total Cost = Fixed Cost + Variable Cost
$1,000,000 x 0.40 = $400,000.
2. Calculate the total costs, which is the sum of fixed costs and variable costs: $420,000 (fixed costs) + $400,000 (variable costs) = $820,000.
3. Determine the operating profit by subtracting the total costs from the sales: $1,000,000 (sales) - $820,000 (total costs) = $180,000.
So, the operating profit is $180,000, which corresponds to option C.
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according to the lecture, which of the following is not one of the characteristics of objectives when establishing social media goals?
According to the lecture, the term "media" is not one of the characteristics of objectives when establishing social media goals. The four characteristics mentioned were specific, measurable, achievable, and relevant.
According to the lecture, when establishing social media goals, one of the characteristics that is NOT part of the objectives would be: Irrelevant metrics
To explain further, when setting objectives for social media goals, it's essential to focus on relevant metrics that align with your overall business strategy. Including irrelevant metrics as an objective would not contribute to the effectiveness of your social media campaign.
According to the lecture, the term "media" is not one of the characteristics of objectives when establishing social media goals. The four characteristics mentioned were specific, measurable, achievable, and relevant.
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Scenario You are a business analyst working at a small, domestic organization that produces high-quality baseball bats. Your organization has begun to see its sales flatten in the domestic market. While the organization is not losing money, leadership would like to explore options to continue to grow. One option that leadership has noticed competitors attempting is entering international markets. You have been asked to examine the benefits, drawbacks, and key considerations for your organization to enter one of the global markets below, and summarize your findings in a business brief for leadership. Continue to use your Canada market from Milestone One.
Market Considerations: Discuss the legal and regulatory considerations in your selected market that can impact business decisions regarding expansion to new global markets. You should also consider corporate social responsibility for each market consideration.
Legal and Regulatory Considerations: Compare and contrast important legal and regulatory requirements of your selected market against those in the domestic market, including trade restrictions, regulations of products or services, legal processes for business transactions, and import restrictions or documentation.
As a business analyst, I understand the concerns you have regarding your organization's stagnant sales in the domestic market. As you consider expanding into a new global market, it is essential to examine the legal and regulatory considerations in your selected market that can impact your business decisions.
In conclusion, before expanding into a new global market, it is essential to examine the legal and regulatory considerations, as well as the potential risks and benefits associated with doing business in that market. By understanding the corporate social responsibility and legal requirements of the Canadian market, your organization can make informed decisions that will help to ensure a successful expansion.
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13. Adams Corp's sales last year were $157,000, and its total assets were $24,000. What was its total assets turnover ratio (TATO)? * 4 points a) 6.542x
b) 0.42X
c) 8.823x
d) 3.223
e) None of the above
The total assets turnover ratio (TATO) would be equal to option a) 6.542x.
The total assets turnover ratio is a financial metric that measures a company's efficiency in generating revenue relative to its total assets. It is calculated by dividing the company's net sales by its total assets. The formula for calculating the total assets turnover ratio is as follows:
Total assets turnover ratio = Net sales / Total assets
A high total assets turnover ratio indicates that the company is generating a large amount of revenue relative to its assets, which is generally seen as a positive sign of efficiency. However, a low total assets turnover ratio may indicate that the company is not utilizing its assets effectively to generate revenue TATO is calculated by dividing sales by total assets. In Adams Corp's case, the sales last year were $157,000, and the total assets were $24,000. To find the TATO, use the following formula:
TATO = Sales / Total Assets
TATO = $157,000 / $24,000
TATO ≈ 6.542x
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Eleanor Rigby is an employee of Strawberry Fields Music, Inc., a firm that specializes in the preparation of original music for possible use by advertisers in TV and radio commercials. In January 2000, Rigby wrote a song that is protected by copyright. She wrote the song as part of her regular duties as a Strawberry Fields employee. Rigby and Strawberry Fields did not have a written agreement concerning ownership of the copyright on the song. In February 2000, Rigby and Strawberry Fields published the song by making large numbers of copies available to the public. Statements A through D deal with ownership of the copyright on the song and with the duration of the copyright. Which statement is legally accurate? a. Rigby owns the copyright, which will expire 50 years after her death. b. Rigby owns the copyright, which will expire in 2100. c. Strawberry Fields owns the copyright, which will expire in 2095. d. Strawberry Fields owns the copyright, which will expire 50 years after Rigby's death.
The legally accurate statement in this scenario is c. Strawberry Fields owns the copyright, which will expire in 2095. The term for a song considered a "work made for hire" is 95 years from the date of publication or until the year 2095.
Under the U.S. Copyright Act, an employee who creates a copyrighted work within the scope of their employment duties is generally considered to be creating a "work made for hire."
This means that the employer, in this case, Strawberry Fields, is the legal owner of the copyright on the song. However, if there was no written agreement between Rigby and Strawberry Fields regarding ownership of the copyright, the situation becomes more complicated.
In this case, a court would need to determine whether Rigby's creation of the song fell within the scope of her employment duties. If it did, then the copyright would belong to Strawberry Fields.
Assuming that the court determines that the song was created within the scope of Rigby's employment, Strawberry Fields would own the copyright, not Rigby.
Additionally, since the song was published in February 2000, it would be subject to the current copyright term, which is the life of the author plus 70 years.
If the song is considered a "work made for hire," then the term would be 95 years from the date of publication, or until the year 2095. Therefore, the correct answer is c. Strawberry Fields owns the copyright, which will expire in 2095.
It's important to note that without a written agreement between Rigby and Strawberry Fields, the ownership of the copyright can be subject to legal interpretation, making it crucial for employees and employers to have clear agreements in place regarding intellectual property ownership.
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Actual and Potential GDP (a FRED question): Using the FRED database, locate the Congressional Budget Office's measure of potential GDP by searching for "GDPPOT."Using the "Add Data Series" opt
The FRED database is a great resource for economic data, and it includes many different measures of GDP, including potential GDP.
Actual GDP refers to the total value of goods and services produced in an economy during a specific period, while Potential GDP represents the maximum sustainable output of an economy without causing inflation.
To compare Actual GDP and Potential GDP using the FRED database, follow these steps:
1. Go to the FRED website (https://fred.stlouisfed.org/).
2. In the search bar, type "GDPPOT" and press Enter. This will bring up the Congressional Budget Office's measure of potential GDP.
3. Click on the "GDPPOT" data series to view the chart.
4. To add Actual GDP to the same chart, click the "Add Data Series" button below the chart.
5. Search for "GDP" in the search bar, and click on the "Gross Domestic Product" data series to add it to the chart.
Now, you should be able to see both Actual and Potential GDP on the same chart, allowing you to analyze and compare their trends and values over time.
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dunston company will receive $500,000 in a future year. if the future receipt is discounted at an interest rate of 10%, its present value is $256,580. in how many years is the $500,000 received?
It will take approximately 8.24 years for the Dunston Company to receive the $500,000.
Based on the information provided, we know that the present value of the future receipt of $500,000 is $256,580 when discounted at a 10% interest rate. Therefore, we can use the formula for present value:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.
Plugging in the given values, we get:
$256,580 = $500,000 / (1 + 0.10)^n
Simplifying this equation, we get:
(1 + 0.10)^n = $500,000 / $256,580
(1.10)^n = 1.9494
n = log(1.9494) / log(1.10)
n ≈ 8.24
Therefore, it will take approximately 8.24 years for the Dunston Company to receive the $500,000.
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-What areas of management
functions are involved in this scenario? What skills? What
strategies?
-What is the logical, business-based approach for a manager to
take in this situation? Explain your position.
-What would you do, and why?
-How would you describe the culture of this company, based on
the limited information in the scenario?
In the given scenario, several areas of management functions are involved, including planning, organizing, leading, and controlling.
The skills required for managing this situation encompass communication, problem-solving, decision-making, and interpersonal skills. The strategies that can be applied involve analysis, collaboration, and adaptability mainly planning.
The logical, business-based approach for a manager to take in this situation would involve:
1. Assessing the current state of affairs and identifying the root causes of the problem.
2. Communicating with team members to gather their perspectives and suggestions.
3. Developing a comprehensive plan to address the issues, with clear objectives and a timeline.
4. Allocating resources and assigning responsibilities to team members.
5. Monitoring progress and adjusting the plan as needed based on feedback and results.
Additionally, the company likely values adaptability and continuous improvement, given the need to develop strategies and adjust plans to resolve the issues.
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when a speculative attack on the exchange value of a currency results in a depreciation of that currency, it is called a(n)
A currency crisis is the term used to describe a situation where the value of a currency experiences a sudden and significant decline due to a speculative attack.
A currency crisis occurs when there is a sudden and sharp depreciation of a currency, which can lead to financial instability, economic downturns, and political turmoil.
A speculative attack on a currency occurs when investors anticipate a depreciation in the currency's value, causing them to sell off their holdings and convert them into other currencies or assets. This can trigger a domino effect where other investors also start selling their holdings, causing a sharp drop in the currency's value.
Currency crises can have severe consequences for an economy, including high inflation, decreased foreign investment, reduced economic growth, and increased unemployment. Governments often take measures to stabilize their currency in times of crisis, such as raising interest rates, selling foreign reserves, or implementing capital controls.
Overall, a currency crisis can have far-reaching effects on an economy and the broader global financial system, highlighting the importance of stable exchange rates and prudent economic policies.
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When the cost of getting a container full of stuffed toys quadruples, "we have to raise prices in order to make money," says Mike Molson Hart, the president of Viahart, which sells plush animals and toys called Brain Flakes, primarily on Amazon. "The question becomes, is anyone going to buy this at the new, higher price?." Considering the above paragraph from the article, which of the following statements is true? The supply curve is shifting to the right. The demand curve is shifting to the right. The law of demand holds. In this case, the law of demand does not hold.
In this case, the law of demand holds.The law of demand states that, all else being equal, as the price of a good or service increases, the quantity demanded for that good or service will decrease.
In the given paragraph, the company president mentions that they have to raise prices due to the increased cost of getting the container full of stuffed toys. This suggests that the company is facing higher costs, which may lead to a decrease in the quantity demanded of their products if they raise prices.The statement "The question becomes, is anyone going to buy this at the new, higher price?" also indicates that the company is concerned about the impact of the price increase on demand for their products. If the demand for their products decreases as a result of the price increase, this would suggest that the law of demand is holding.Therefore, in this case, the law of demand holds.
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All of the following are ethical issues that must be considered by human resource managers EXCEPT ________.A) comparable workB) workplace safetyC) affirmative actionD) FCC regulations
The answer is D) FCC regulations. Comparable work, workplace safety, and affirmative action are all ethical issues that human resource managers must consider in their decision-making processes.
However, FCC regulations are not typically considered to be an ethical issue for human resource managers. The other options, such as comparable work, workplace safety, and affirmative action, are indeed ethical issues that HR managers need to consider.
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https://brainly.com/question/14701937#SPJ11b. how many potential equilibria are there? (hint: to see whether a given combination of strategies is an equilibrium, ask whether either player could get a higher payoff by changing his or her strategy.)
There are three potential equilibria in this game: (cooperate, cooperate), (cooperate, defect), and (defect, cooperate).
To determine how many potential equilibria there are, we need to analyze the possible combinations of strategies and see if any player could benefit from changing their strategy. An equilibrium occurs when neither player has an incentive to change their strategy, given the other player's strategy.
In this case, there are two possible strategies for each player: cooperate or defect. Therefore, there are four possible combinations of strategies: (cooperate, cooperate), (cooperate, defect), (defect, cooperate), and (defect, defect).
To determine if each combination is a potential equilibrium, we need to consider whether either player could get a higher payoff by changing their strategy. For example, if both players cooperate, they each receive a payoff of 3. If one player defects, they receive a payoff of 5 while the other player receives a payoff of 0. If both players defect, they each receive a payoff of 1.
We can see that (defect, defect) is not an equilibrium, as both players would benefit from switching to cooperate. However, the other three combinations are potential equilibria. In (cooperate, cooperate), neither player has an incentive to switch to defect, as they would receive a lower payoff of 2. In (cooperate, defect) and (defect, cooperate), if one player switches their strategy, they will receive a lower payoff of 1 while the other player will receive a higher payoff of 5. Therefore, all three remaining combinations are potential equilibria.
In summary, there are three potential equilibria in this game: (cooperate, cooperate), (cooperate, defect), and (defect, cooperate).
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