The main difference between a reviewable practice and criminal conduct under the Competition Act is the severity and legality of the actions involved
A reviewable practice under the Competition Act refers to a business conduct or practice that may raise concerns about anti-competitive behavior, but does not necessarily violate the law. The Competition Bureau may investigate and potentially challenge the practice through legal action, but it does not result in criminal charges.
On the other hand, criminal conduct under the Competition Act refers to a violation of the law that is considered a criminal offense. This may include practices such as price-fixing, bid-rigging, or deceptive marketing practices. Criminal conduct can result in significant fines and even imprisonment for individuals found guilty of the offense.
In summary, reviewable practices are non-criminal violations of the Competition Act that may be subject to legal action, while criminal conduct involves serious violations of the law that carry criminal penalties.
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Your Company entered into a 12-year, 5% installment loan for $250,000. Annual payments are $28,206. How much of the SECOND year's payment is interest?
The formula Monthly Payment = P (r(1+r)n)/((1+r)n-1)) gives its definition. The amount of interest included in the first monthly payment of a 12 year, loan with a interest rate is $1,145.83.
What is the math formula for loan?I = P * r * T is the formula that loan calculators utilise, which is a great question. Principal multiplied by your interest rate times the number of years equals interest. Where: P is the principal amount ($3000.00), and r is the interest rate ($4.91% annually, or 4.99/100 = $0.0499 in decimal notation).
Exactly how is interest calculated?The easy interest calculation is as follows: Interest is equal to P x R x T. The initial balance, P, is the principal amount. R is the interest rate, typically stated as a decimal expressed annually. T = The total number of time periods, which are typically one year long.
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What are the components of hire purchase contracts
Answer:
Explanation:
Hire purchase contracts are a type of agreement where a buyer purchases a product or item through installment payments. The components of hire purchase contracts typically include:
Buyer: The individual or organization purchasing the item through the hire purchase contract.
Seller: The person or company that owns the item and is selling it through the hire purchase contract.
Down payment: The initial payment made by the buyer at the beginning of the contract, typically a percentage of the total purchase price.
Installment payments: The regular payments made by the buyer to the seller to pay off the total purchase price of the item.
Interest rate: The rate charged by the seller on the outstanding balance of the purchase price. This is typically higher than the interest rate charged on a conventional loan.
Term: The length of time over which the buyer will make installment payments. The term can vary depending on the agreement between the buyer and the seller.
Ownership: The ownership of the item remains with the seller until the buyer completes all the installment payments.
Default: The consequences of defaulting on payments, including the seller's right to repossess the item if payments are not made.
Termination: The conditions under which the contract can be terminated, such as if the buyer pays off the entire purchase price early or if the seller breaches the contract.
Overall, hire purchase contracts are a way for buyers to purchase items they may not be able to afford upfront, while allowing sellers to earn a profit by charging interest on the outstanding balance. It is important for both parties to carefully review and understand the terms of the contract before agreeing to it.
According to the diagram pictured:
What’s the prevailing price for the product given the introduction of world price?
15
12
8
10
According to the diagram the prevailing price for the product given the introduction of world price is Pw = 15 (Option A).
What happens to a market when a price is imposed by the government?When a price is imposed by the government, it creates a situation of price control, where the government either sets a minimum or maximum price that can be charged for a good or service.
In the case of a price floor (minimum price), this can result in an excess supply of the good or service, as suppliers are unable to sell all their products at the government-mandated price.
In the case of a price ceiling (maximum price), it can lead to a shortage of the good or service, as suppliers are unwilling to supply the product at a price lower than the market equilibrium.
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A decision made at the business level of the firm would be
a. How to compete in each market
B. Did degree of synergy between business imports portfolio
c. Which industries to enter
D.How to add value to business in portfolio
E. All of the above
A decision made at the business level of the firm would be E. All of the above.
What is A decision made at the business level of the firmA decision made at the business level of the firm encompasses all aspects of the firm's operations, including how to compete in each market, the degree of synergy between business units in the portfolio, which industries to enter, and how to add value to the business in the portfolio.
These decisions are critical to the success of the firm and are typically made by top management, such as the CEO and the executive team.
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Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding, Number 5888 for $1,028 and Number 5893 for $494. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation.
Date Description Withdrawals Deposits Balance
September 1 $ 16,800
September 3 Check #5888 $ 1,028 $ 15,772
September 4 Check #5902 $ 719 $ 15,053
September 5 Cash deposit $ 1,103 $ 16,156
September 7 Check #5901 $ 1,824 $ 14,332
September 12 Cash deposit $ 2,226 $ 16,558
September 17 NSF check $ 600 $ 15,958
September 20 Check #5905 $ 937 $ 15,021
September 21 Cash deposit $ 4,093 $ 19,114
September 22 Check #5903 $ 399 $ 18,715
September 22 Check #5904 $ 2,090 $ 16,625
September 25 Cash deposit $ 2,351 $ 18,976
September 28 Check #5907 $ 213 $ 18,763
September 29 Check #5909 $ 1,807 $ 16,956
September 30 Collected note $ 1,485 $ 18,441
September 30 Interest earned $ 12 $ 18,453
From Chavez Company’s Accounting Records
Cash Receipts Deposited
Date Cash Debit
September 5 1,103
September 12 2,226
September 21 4,093
September 25 2,351
September 30 1,682
11,455
Cash Payments
Check Number Cash Credit
5901 1,824
5902 719
5903 399
5904 2,060
5905 937
5906 982
5907 213
5908 388
5909 1,807
9,329
Cash Account Number 101
Date Explanation PR Debit Credit Balance
August 31 Balance 15,278
September 30 Total receipts R12 11,455 26,733
September 30 Total payments D23 9,329 17,404
Additional Information
(a) Check Number 5904 is correctly drawn for $2,090 to pay for computer equipment; however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,060.
(b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account. Its return has not yet been recorded by the company.
(c) The collection of the note on September 30 is not yet recorded by the company.
The changed bank balance and changed total per book is $18271.45 ,which is $18901.70 minus $630.25
How would you track down the changed equilibrium?The changed equilibrium strategy for working out your money charge utilizes the past equilibrium from the finish of your last charging cycle and deducts any installments and credits made during the ongoing charging cycle.
The bank compromise articulation for Chavez Company for the month finished September 30, 2017 will be determined hence:
Book balance is $18453.25.
Add: Store on the way = $1682.75 .
Total = $20136.00 .
Less: 5893 outstanding checks equals $494.25.
5906 = $982.30 .
5908 = $388.00 .
Total = $1864.55 .
The adjusted bank balance is $18271.45, or $20136.00 minus $1864.55.
The book balance is $17404.20.
Add: Premium procured = $12.50 .
Add: Continues at least $15 = $1485.00 .
All out = $18901.70
Less: Check from NSF: $600.25
Error 5904 = $30.00 in check recording.
Total = $630.25 .
The adjusted balance per book is $18271.45, or $18901.70 divided by $630.25.
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1. What did the Chicago-based consulting group Whitman-Hart offer software specialist Glen Kelley to keep him on
as an employee?
2. What are the basic causes of the limited supply of good workers?
3. According to the article, which professionals are in greatest demand? What other fields are experiencing a
shortage of workers?
4. What other perks and benefits besides salary are companies offering to lure the best workers?
5. What factors besides salary should a person consider before accepting a job? Explain your answer.
Primary and Secondary Source Readingr
Copyright by The McGraw-Hill Companies, Inc.
Whittman-Hart offered to pay for expensive infertility treatments and gave him a 12 percent raise to keep Glen Kelley on as an employee.
The limited supply of good workers is caused by a shrinking labor supply as fewer young people enter the workforce, rising demand due to the computer revolution, and the steady growth of the economy. According to the article, information-technology professionals are in the greatest demand. Other fields experiencing a shortage of workers are not mentioned in the article. Companies are offering nonmonetary perks and benefits to lure the best workers, such as stock options, gold-plated stock options, allowing employees to bring their dogs to work, and providing access to a fleet of BMWs. Besides salary, a person should consider factors such as the job's nature, required skills and abilities, work-life balance, location, and potential for career growth before accepting a job. These factors are not explicitly mentioned in the article, but they are important considerations for anyone considering a job offer.What is the consulting group about?The text provided is an excerpt from a reading passage titled "YEAR OF THE EMPLOYEE" which discusses the various factors that determine the wages that a worker can command in the marketplace. It explores the current state of the job market, and how a tight labor market with low unemployment rates has led to a situation where talented employees are in high demand, and companies are offering attractive pay packages and other perks to attract and retain them.
The passage also highlights that the demand for workers is not just limited to highly educated or computer-literate individuals, but also those at all levels of the workforce. Additionally, it touches upon the psychology of the workplace and how the job insecurity of the early '90s has given way to a job market where talented workers are highly valued and can demand more significant salaries and benefits.
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See text below
tab
Copyright by The McGraw-Hill Companies, Inc.
Nichelle Johnoon
45/23
PRIMARY & SECONDARY SOURCES
YEAR OF THE EMPLOYEE
Reading 13
Many factors determine the wages a worker can command in the marketplace. Among these factors are the level of skills and abilities a particular position requires and the nature of the work itself. In a booming economy where jobs are plentiful, wages will increase in many industries to attract competent employees. The article below analyzes the financial benefits afforded workers in a healthy economy. As you read, consider your own value in the labor force today. Then answer the questions that follow.
Four years ago, Glen Kelley was a software specialist at
a Midwestern shipping company when Whittman-Hart, a fast-growing Chicago consulting group, offered him a job. Kelley, now 31, was willing to jump, but with one tough condition: he... needed the company to pay for expen- sive infertility treatments. The firm answered with an extraordinary insurance package that covered every penny... and offered him a 12 percent raise to boot.. The treatments, which eventually cost $30,000, failed. Then Kelley and his wife, Carrie, wanted to adopt. Stock options from Whittman-Hart paid for the entire $20,000 bill....
Such tales abound in today's drum-tight job market. Stunning pay increases and gold-plated stock options, once the sort of bait dangled mostly in front of prospec- tive chief executives, are now used to lure everyone from secretaries on up. Many companies have started to play the game of "top this" with nonmonetary perks, too. Neversoft Entertainment, a Hollywood computer games designer, not only allows staffers to bring their dogs to work, but also supplies the Milk-Bones.... Atlanta-based Revenue Systems gives every employee access to its fleet of BMWs.
It's the revenge of the downsized: near-record-low unemployment and a long economic boom have created nightmares for employers and fat opportunities for street- wise employees. Scott Adams, creator of the comic strip "Dilbert" puts it this way: "There has never been a better time in history to heap abuse upon your boss."
Randy owns a landscaping businessAt the beginning of the season, Randy must decide how many commercial lawn mowers he should purchase. Assume that each additional lawn mower costs $10,000 and that Randy's investment will be financed by a bank loan Randy has estimated his rate of return, as shown in the table below
From the table we can see that if the interest rate is 6 % the lawn mowers that is bought would be 5
What is real interest rate?The real interest rate is the rate of interest adjusted for inflation. It represents the actual increase in purchasing power that an individual or organization earns on their savings or investments, after accounting for the impact of inflation.
In other words, the real interest rate is the nominal interest rate (the rate of return before adjusting for inflation) minus the rate of inflation. For example, if the nominal interest rate is 5% and the inflation rate is 2%, the real interest rate would be 3% (5% - 2%).
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Read the article 8 Things You Should Consider Before Getting a Franchise
After reading the 8 items, select one and write a summary on it and note how it might apply to your business as a franchisor.
One of the items mentioned in the article "8 Things You Should Consider Before Getting a Franchise" is the importance of conducting thorough research before investing in a franchise.
What is the explanation for the above response?
One of the items mentioned in the article "8 Things You Should Consider Before Getting a Franchise" is the importance of conducting thorough research before investing in a franchise. It is crucial to research the franchisor's background, franchise system, and the industry in which the franchise operates to ensure that it aligns with your business goals and values.
As a franchisor, it is important to provide potential franchisees with comprehensive information about your franchise system, including financial information, training and support, marketing strategies, and operational procedures. This will help franchisees make an informed decision about investing in your franchise and ensure that they have a clear understanding of what they can expect.
It is also important to conduct ongoing research and analysis of the industry to stay up-to-date on market trends and consumer demands. This will enable you to adapt your franchise system to changing market conditions and provide your franchisees with the support they need to succeed.
By focusing on thorough research, both as a potential franchisee and as a franchisor, you can ensure that you make an informed decision about investing in a franchise and set yourself up for long-term success.
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9-13. LinkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers be more interested in this group over others?
Answer:
Explanation:
Theme 3: Education ... most engaged, and you can reach a professional ... people that are most relevant for your content goals and your business.
Suppose that E and F are two events and that P(E and F)=0.5 and P(E)=0.8. What is P(F|E)?
The probability of event F given that event E has occurred is 0.625 or 62.5%.
What is probability?
Probability is a measure of the likelihood or chance of an event occurring, expressed as a number between 0 and 1, where 0 indicates that the event is impossible and 1 indicates that the event is certain to occur.
We can use the conditional probability formula to calculate P(F|E):
P(F|E) = P(E and F) / P(E)
We are given that P(E and F) = 0.5 and P(E) = 0.8. Substituting these values into the formula, we get:
P(F|E) = 0.5 / 0.8
P(F|E) = 0.625
Therefore, the probability of event F given that event E has occurred is 0.625 or 62.5%.
In other words, probability is a way of quantifying uncertainty and assessing the likelihood of different outcomes in a given situation. It is widely used in many areas, including mathematics, statistics, science, engineering, finance, economics, and everyday life, to make informed decisions based on the expected outcomes of various events or situations.
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Please help as soon as possible
The basic EPS for Shamu Corporation for 2018 and 2019 are $2.07 and $2.31 respectively.
How to calculate the earningsTo calculate the basic earnings per share (EPS), we need to determine the weighted average number of shares outstanding during the year. The formula for basic EPS is:
Basic EPS = (Net Income - Preferred Dividends) / Weighted Average Number of Common Shares Outstanding
For 2018: Weighted Average Shares Outstanding = (100,000 x 10/12) + (96,300 x 4/12) = 99,350
(We assume the shares were outstanding for the whole year, except for the 3,700 shares that were reacquired on March 1 and sold on September 30.)
Basic EPS = ($205,500 / 99,350) = $2.07
For 2019 Weighted Average Shares Outstanding = (99,350 x 1.2) = 119,220
(We need to adjust the number of shares for the stock dividend issued on January 10, 2019.)
Basic EPS = ($275,800 / 119,220) = $2.31
Therefore, the basic EPS for Shamu Corporation for 2018 and 2019 are $2.07 and $2.31 respectively.
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Cost and Management accounting report is produced and submited to Management board in fulfilment of a legal requirement.
True or False
It is false that while cost and management accounting reports can be used to comply with legal requirements, such as the tax filings, they are not typically produced and submitted solely for that purpose.
What is tax filing?Tax filing refers to the process of submitting income tax returns to the government by individuals and businesses to report their income, deductions, and tax liability. Tax filing is required by law in most countries, including the United States, and failure to file taxes can result in penalties and fines. Typically, taxpayers are required to file their taxes on an annual basis, although some businesses may need to file quarterly or monthly. Tax filings are used by governments to assess how much tax an individual or business owes and to ensure compliance with tax laws. Taxpayers may be eligible for deductions and credits that can reduce their tax liability, and tax filings allow individuals and businesses to claim these benefits.
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Wachesaw Manufacturing Inc. produced the following number of units in the last 16 days. The information is to be organized into a frequency distribution. a. How many classes would you recommend? b. What class interval would you suggest? c. What lower limit would you recommend for the first class? d. Organize the information into a frequency distribution and determine the relative frequency distribution. e. Comment on the shape of the distribution.
a) The number of classes recommended is 5
b) The class interval is approximately 1.6
c) Lower limit recommended for the first class is 24.
What two different frequency distributions are there?Tables or charts of frequency distributions are used to represent them. The number of observations that actually fall into each range or the percentage of observations can both be displayed using frequency distributions. In data analysis, relative frequency distributions and cumulative frequency distributions are the two basic forms of frequency distributions that are employed. Both depend on frequency, which in descriptive statistics is the number of times something happens in a certain data set.
Given data and observation of 16
a) Number of classes recommended
[tex]2^{K}[/tex] > n = [tex]2^{K}[/tex] = 16
= [tex]2^{K}[/tex] > 2⁴
= K > 4
So the next value will be 5, which is recommended.
b) Class Interval
d) I ≥ [tex]\frac{(32-24)}{5}[/tex] = 1.6
Units Frequency Relative Frequency
24 - 25.6 3 3/16 = 0.1875
25.6 - 27.2 6 6/16 = 0.375
27.2 - 28.8 3 3/16 = 0.1875
28.8 - 30.4 2 2/16 = 0.125
30.4 - 32 2 2/16 = 0.125
Total 16 1
e) The largest concentration is in the second class of 25.5 up to 27.2 with frequency 6.
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The complete question attached below :
The Internet may not make corporations obsolete, but the corporations will have to change their business models. Do you agree? Why or why not?
Can Uber Be the Uber of Everything
ADD REFRENCE AT END
Answer:
I agree that the Internet has already brought significant changes to the business landscape, and corporations must adapt their business models to stay competitive and relevant in the digital age. While the Internet has not made corporations obsolete, it has disrupted traditional business models and forced companies to rethink how they interact with customers, distribute products and services, and compete in the global market.
The rise of the Internet and e-commerce has made it easier for consumers to access a wider range of products and services from anywhere in the world, which has increased competition and put pressure on corporations to adapt. Companies that have been slow to adopt new technologies and embrace the digital economy have been left behind, while those that have embraced new models and ways of doing business have thrived.
For example, companies like Amazon, Netflix, and Airbnb have disrupted traditional business models by leveraging the power of the Internet to create new and innovative business models. These companies have redefined how products and services are distributed and consumed, and have created new opportunities for consumers and businesses alike.
However, the challenge for corporations is not just about adapting to new technologies, but also about changing their mindset and culture to embrace innovation and agility. This requires a willingness to experiment, take risks, and invest in new ideas and technologies that may not have an immediate payoff but are necessary for long-term success.
Uber has become one of the most successful and recognizable brands in the world, with its ride-hailing service operating in hundreds of cities around the globe. However, the question of whether Uber can become the Uber of everything is a complex one that depends on several factors.
On the one hand, Uber has already expanded beyond ride-hailing with the introduction of Uber Eats and Uber Freight, which offer food delivery and freight shipping services, respectively. These services have been successful in their own right, and there is potential for Uber to continue to expand into other areas where on-demand services are in demand.
However, the challenge for Uber is that not all industries are the same, and different industries have different regulations, customer needs, and competitive landscapes. While Uber has been able to disrupt the traditional taxi industry with its ride-hailing service, it may not be as successful in other industries where entrenched players have a strong foothold.
Moreover, Uber's brand may not be as applicable to other industries as it is to ride-hailing. While "Uber" has become synonymous with on-demand services, it may not carry the same weight in other industries where trust, reliability, and quality are the most important factors.
In conclusion, while Uber has already expanded beyond ride-hailing and has the potential to continue to do so, it is unlikely that it can become the Uber of everything. Different industries have different needs, and there may be other players who are better positioned to provide on-demand services in those industries. However, Uber can still leverage its brand, technology, and expertise to expand into new markets and provide innovative solutions to customers' needs.
Explanation:
he management of Earth Barber Lawnmowers has calculated the following variances:
Direct materials cost variance
$9,000 U
Direct materials efficiency variance
40,000 F
Direct labor cost variance
18,000 F
Direct labor efficiency variance
14,000 U
Variable overhead cost variance
3,000 F
Variable overhead efficiency variance
5,500 F
Fixed overhead cost variance
3,500 F
Fixed overhead volume variance
2,500 F
When determining the total product cost flexible budget variance, what is the total fixed overhead variance of the company?
O A. $9,000 F
O B. $8,500 F
O c. $5,500 F
O D. $3,500 F
The correct answer is not listed in the options provided. The total fixed overhead variance is $6,000 F.
The total fixed overhead variance can be calculated as the sum of the fixed overhead cost variance and the fixed overhead volume variance.
Fixed overhead cost variance = $3,500 F
Fixed overhead volume variance = $2,500 F
Total fixed overhead variance = Fixed overhead cost variance + Fixed overhead volume variance
Total fixed overhead variance = $3,500 F + $2,500 F
Total fixed overhead variance = $6,000 F
Therefore, the correct answer is not listed in the options provided. The total fixed overhead variance is $6,000 F.
An annual budget is a common example of a financial plan that details anticipated income and expenses. It offers a framework for managing financial resources and aids in the efficient and effective resource allocation of individuals or organizations.
Estimates of income, expenses, and savings or investment objectives are frequently included in budgets. Setting financial goals, calculating income, monitoring expenses, and modifying spending patterns are all steps in the budgeting process that lead to the desired financial results.
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The expected cash collections for February are computed as follows: Group of answer choices $ 300,960 $ 433,200 $ 734,160 $ 722,000
According to the question, the expected cash collections for February are $722,000.
What is cash collections?Cash collections is a process of collecting payments from customers. It involves collecting payments by cash, check, or credit card. It is important to have a well-defined cash collection process in order to ensure timely payments and maintain good relationships with customers. The process should start with clearly communicating payment terms to customers, such as due dates, acceptable payment methods, and late fees. It should also include tracking payments, such as creating invoices, sending payment reminders, and following up on delinquent payments. Finally, it should include depositing payments in a timely manner and ensuring the accuracy of the cash collections process. Cash collections is an important part of any business and should be followed carefully to maintain successful relationships with customers.
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Company makes and sells lawn mowers for which it currently makes the engines. It has an opportunity to purchase the engines from a reliable manufacturer. The annual costs of making the engines are shown here.
Cost of materials (20,000 units × $26): $ 520,000
Labor (20,000 units × $20): 400,000
Depreciation on manufacturing equipment*: 42,000
Salary of supervisor of engine production: 85,000
Rental cost of equipment used to make engines: 23,000
Allocated portion of corporate-level facility-sustaining costs: 80,000
Total cost to make 20,000 engines: $ 1,150,000
The equipment has a book value of $90,000 but its market value is zero.
Determine the maximum price per unit that Levesque would be willing to pay for the engines.
Determine the maximum price per unit that Levesque would be willing to pay for the engines, if production increased to 24,000 units.
Levesque would be willing to pay a maximum price of $57.50 per unit for the engines from the reliable manufacturer.
If production increased to 24,000 units, the maximum price per unit that Levesque would be willing to pay for the engines from the reliable manufacturer would be $75.29.
What is maximum price?
To determine the maximum price per unit that Levesque would be willing to pay for the engines, we need to consider the total cost of making the engines and subtract it from the potential cost of purchasing the engines from the reliable manufacturer.
Total cost of making 20,000 engines = $1,150,000
If Levesque purchases the engines from the reliable manufacturer, they would save on the cost of materials, labor, depreciation, salary of supervisor, rental cost of equipment, and the allocated portion of corporate-level facility-sustaining costs. Let's assume the cost per unit of purchasing the engines from the manufacturer is x.
Total cost of purchasing 20,000 engines = 20,000x
To find the maximum price per unit that Levesque would be willing to pay for the engines, we need to solve for x:
20,000x = $1,150,000
x = $57.50
Therefore, Levesque would be willing to pay a maximum price of $57.50 per unit for the engines from the reliable manufacturer.
To determine the maximum price per unit if production increased to 24,000 units, we need to take into account the economies of scale that result from increasing production. The fixed costs, such as depreciation on manufacturing equipment and the salary of the supervisor, would remain the same, while the variable costs, such as labor and materials, would increase proportionately.
Using the same calculation as above, we can find the total cost of making 24,000 engines:
Total cost of making 24,000 engines = ($520,000 + ($20 x 24,000) + $42,000 + $85,000 + $23,000 + $80,000) = $1,807,000
Using the same equation as before, we can find the new maximum price per unit that Levesque would be willing to pay:
24,000x = $1,807,000
x = $75.29
Therefore, if production increased to 24,000 units, the maximum price per unit that Levesque would be willing to pay for the engines from the reliable manufacturer would be $75.29.
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. A producer is:
a . a person who purchases a product
b . the seller of a product
c . the buyer of a product
d . a good sow
A producer is option (b) the seller of a product. Producers generate, or produce, things and services, which customers then purchase with money.
What does a producer in commerce do?Producers are those who cultivate crops, produce things and offer services. They assist us with our tasks and are occasionally referred to as workers. A producer is in charge of discovering and launching a business, arranging for funding, hiring authors, a director, and other important members of the creative team, as well as managing every aspect of pre-production, production, and post-production up to release.
Factor inputs such as labor and capital are hence combined by the producers to generate, or output, something new. The primary producers that economists typically refer to when discussing producers are business firms. Yet, a producer will often be the one who controls a film in a real independent production.
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Step 1: The Situation
You are about to start teaching a new business course and want to go into the first few weeks of teaching with everything prepared and ready for both the students and your classroom.
One of the first units that you will teach includes a section on market participants; in other words, all of the businesses that contribute to making the value chain work effectively.
Step 2: Creating a Chart
To help really drive home this multifaceted concept, you have decided to make a flowchart to hang on the classroom wall as well as a digital version that will live on your classroom website.
You want your flowchart to be largely visual, meaning that text should be used only to label and provide brief definitions and/or explanations items included on your chart. Your design should include graphics that represent each market participant—get creative and do your best to select graphics relevant to each item that you are representing.
On your chart, you will need to identify the roles and types of each of the following as they exist in the current business economy:
Producers (also referred to as manufacturers)
Distributors
Services
Keep in mind that you are not expected to list and examine every single kind of producer, distributor, or service within the business economy; however, you will need to identify at least three for each broader category listed above.
You may use whatever digital program you feel will best allow you to complete this activity. If you cannot fit the entire chart on one slide or sheet in whatever program you use, you may break it up into multiple pages/slides—just make sure to label and make the entire activity as easy to understand as possible.
Step 3: Reflecting
Once you have completed your chart, please write a 1–2 paragraph reflection examining why each of these market participants are vital to the current business economy.
Please include a list of any websites or resources you used to complete this activity and refer to the rubric below for more information on how you will be graded.
Producers (also referred to as manufacturers) are the primary creators of goods and services in the business economy. They are responsible for designing, producing and marketing their products. Examples of producers include automakers, electronics companies and clothing manufacturers.
What is Producers?Producers are organisms in an ecosystem that produce their own food through photosynthesis. They are usually plants, but can also be certain types of bacteria and fungi. Producers are the foundation of any food chain, as they provide energy for all other organisms in the chain.
Distributors are responsible for the transportation and delivery of goods and services from producers to consumers. They are responsible for organizing, storing and delivering products to the right channels. Examples of distributors include transportation companies, wholesalers and retailers.
Services are activities that provide value to businesses, consumers and other stakeholders. Services can include consulting, accounting, legal services and IT services. Examples of services include marketing companies, web design firms and financial advisors.
Each of these market participants are essential to the current business economy. Producers create the goods and services that consumers need and want, distributors facilitate the transportation and delivery of these goods and services, and services provide additional value to businesses, consumers and other stakeholders. Without these three distinct types of market participants, the business economy could not function properly.
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Business Plan
Type questions and answers. Answers must thorough and in complete sentences.
Please answer I’m so confused??
The three types of business plans are:
Startup Business Plan: This type of plan is used by entrepreneurs who are starting a new business.
Strategic Business Plan: A strategic business plan is designed for existing businesses that want to set a clear direction for growth and expansion.
Operational Business Plan: An operational business plan is used to guide day-to-day operations and management decisions.
What does a Business plan means?A business plan is a written document that describes in detail how a business will achieve its goals and objectives. It typically includes information on the company's products or services, target market, marketing strategy, financial projections, and other critical details that are essential to the success of the business.
A business plan is often used to secure funding from investors or lenders, but it can also serve as a roadmap for the company's growth and development.
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Below is the balance sheet for a bank. Under "Other" it has listed "$X" just think of
this as the dollar amount needed to make the balance sheet balance. It is not
important what that value is for this question.
Assets
Reserves 40
Loans
155
Securities 53
Answer
Liabilities
260
Deposits
Other
4
$X
Using the balance sheet above, find the level of excess reserves this bank is holding
if the required reserve ratio = 8%
(Give answers to 2 decimal places as needed)
Your Answer:
The bank is holding no excess reserves given the required reserve ratio of 8%, as its total reserves of $40 are just enough to cover the required reserves of $20.8.
To find the level of excess reserves, we first need to calculate the required reserves for this bank. The required reserve ratio is given as 8%, so we can calculate the required reserves as:
Required Reserves = Deposits x Required Reserve Ratio
Required Reserves = 260 x 0.08
Required Reserves = 20.8
Next, we can calculate the total reserves that the bank is holding, which includes both required and excess reserves:
Total Reserves = Reserves + Excess Reserves
Total Reserves = 40 + Excess Reserves
Since the total reserves must be equal to or greater than the required reserves, we can set up the following equation:
Total Reserves >= Required Reserves
40 + Excess Reserves >= 20.8
Solving for Excess Reserves, we get:
Excess Reserves >= 20.8 - 40
Excess Reserves >= -19.2
Since the level of excess reserves cannot be negative, we know that the bank is holding no excess reserves in this scenario.
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which statement about 401(k) plans is true?
The fact that 401(k) plans are employer-sponsored is the accurate statement. These are the retired accounts that, in most cases, are sponsored by businesses.
Which of the following statements is true about a 401(k) plan?It is a retirement savings plan where the employee makes contributions to a retirement account and the employer, in some cases, matches some or all of those contributions. Benefits from a 401(k). Employee incentives including tax rebates and employer contributions are abundant with 401(k) plans.
What are 401 K plans used for primarily?Employees can contribute a portion of their salaries to individual accounts through a qualified profit-sharing plan provision called a 401(k). The employee's taxable income does not include elective pay deferrals.
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Question:-
Which statement about 401(k) plans is true?
A. 401(k) plans are sponsored by employers.
B. Employees can contribute an unlimited amount of income to
401(k) plans.
C. Employees are not allowed to make contributions to 401(k) plans.
D. 401(k) plans provide only one option for investment
1.Below is a demand schedule facing an individual firm. Complete the table by computing average revenue, total revenue, and marginal revenue. Then answer the following two questions: (a) How can you tell whether a firm is operating in a market that is purely competitive? (b) What relationship exists between average revenue and marginal revenue? (6 marks)
Quantity Average Total Marginal
Price demanded revenue revenue revenue
$30 0 $_____ $_____ –––
30 1 _____ _____ $_____
30 2 _____ _____ _____
30 3 _____ _____ _____
30 4 _____ _____ _____
30 5 _____ _____ _____
30 6 _____ _____ _____
A) You can tell whether a firm is operating in a market that is purely competitive if the average revenue is equal to the price of the good or service being sold.
What is firm?Firm is an economic organization that produces and distributes goods, services, or both, to consumers. It is a business entity, typically owned and operated by one or more people, which provides the capital and resources for the production, acquisition, and distribution of goods, services, and other resources. Firms can range in size from sole proprietorships to large multinational corporations. A firm's success depends upon its ability to manage resources effectively and efficiently in order to achieve a desired level of profitability.
(b) The relationship between average revenue and marginal revenue is that they are both equal at the point of perfect competition.
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Your company wants you to check into the feasibility of replacing some old equipment. For this purpose, you are given the following information for which you must calculate the series of net operating cash flows resulting from purchasing new equipment. The change in revenue (△R) is zero. The change in expenses (△E) is -$1.5 million. The change in depreciation (△D) is $300,000 for years 1 through 5 and then △D is $500,000 for years 6 through 10. The tax rate is 40%. What are the operating cash flows after-tax plus the depreciation tax shield for years 1 through 5?
For years 1 through 5, the operating cash flows after taxes and the depreciation tax shield total -$1,080,000.
What are the capital budgeting process's seven steps?Payback period, discounted payment period, net present value, profitability index, internal rate of return, and modified internal rate of return are the seven crucial capital budgeting methods or strategies.
Cash Flow = (1 - tax rate) + (E - D)
By entering the specified values, we obtain:
(-$1.5 million - $300,000) (1 - 0.4) + $300,000 is the cash flow formula.
Flow of Cash = -1,080,000
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can someone please create your own business plan dictionary
Define each term. MAKE SURE that you use the correct business definition. For example, a stake in business means “a financial share in a business or an emotional investment in something” but a stake can also mean a “strong wooden or metal post with a point at one end, driven into the ground to support a tree, form part of a fence, act as a boundary mark, etc.,” or “a metalworker's small anvil, typically with a projection for fitting into a socket on a bench”.
Submit when you finish. DUE DATE: FRIDAY, MARCH 10
1. Break even
2. Business model
3. Customer acquisition costs 4. Distribution
5. Equity
6. Licensing
7. Liquidity
8. Margin
9. Market value
10. Patent
11. Patent pending
12. Proof of concept
13. Proprietary
14. Royalty
15. Stake
16. Sweat equity
17. Valuation
Answer:
1. Break even: The point at which a business's total revenue equals its total expenses, resulting in neither a profit nor a loss.
2. Business model: A plan or framework that outlines how a business will generate revenue and make a profit.
3. Customer acquisition costs: The cost associated with acquiring a new customer, including marketing and advertising expenses.
4. Distribution: The process of getting a product or service from the manufacturer or producer to the end consumer.
5. Equity: A financial share of ownership in a business or property.
6. Licensing: The process of granting permission to use or sell a product, service or intellectual property.
7. Liquidity: The ability of a business or individual to convert assets into cash quickly and easily.
8. Margin: The difference between a product or service's selling price and the cost of producing or providing it.
9. Market value: The price at which a product or service is currently being sold in the market.
10. Patent: A legal document that grants the holder exclusive rights to produce, use, and sell an invention or idea for a certain period of time.
11. Patent pending: The status of an invention or idea that has been submitted for a patent but has not yet been approved.
12. Proof of concept: A demonstration that a product or service is viable and can be successful in the market.
13. Proprietary: A product or service that is owned and controlled by a single company or individual.
14. Royalty: A payment made by one party to another for the use of a product, service or intellectual property.
15. Stake: A financial share in a business or an emotional investment in something.
16. Sweat equity: The value of the time and effort put into a business or project by its owner or founders, often in lieu of financial investment.
17. Valuation: The process of determining the worth of a business or asset, often used in the context of selling or acquiring a business.
Bonnie’s Doll Company produces handmade dolls. The standard amount of time spent on each doll is 2.0 hours. The standard cost of labor is $20 per hour. The company planned to make 8,000 dolls during the year but actually used 17,500 hours of labor to make 9,000 dolls. The payroll amounted to $344,750. Prepare a table that shows the standard labor price, the actual labor price, the standard labor hours, and the actual labor hours.
The actual labor price will be $19.70 and the actual labor hours per doll will be 1.94 hours per doll.
Determine the working hours.Standard Actual Labor Cost $20 per hour $19.70 per hour Dolls Planned 8,000 Dolls 9,000 Dolls Labor Hours 2 Hours 1.94 Hours Labor 16,000 hours of use 17,500 hours Payroll $320,000 $344,750 The table shows that the actual labour cost is slightly less than the standard labor cost, which is $20 per hour, at $19.70 per hour. The actual labour hours per doll are slightly less than the standard 2 hours per doll, at 1.94 hours. The company originally intended to produce 8,000 dolls, but ultimately produced 9,000 dolls. Compared to the 16,000 hours that were planned, they actually worked 17,500 hours.
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Samsung invested $21,766 in the current year to expand its manufacturing capacity. Assume that these assets have an 8-year life and generate net cash flows of $4,000 per year, and that Samsung requires a 7% return on its investments. (Samsung $s in millions.)
Required:
Compute break-even time. (Round "Break even time" answer to 1 decimal place.)
The break-even time, which is 5.7 years (rounded to 1 decimal place). This means that Samsung will recoup its initial investment in 5.7 years, after which the project will begin generating positive returns.
What is break-even time?
Break-even time is the amount of time it takes for an investment to generate enough cash flows to cover its initial cost, including any associated expenses such as interest and taxes. It represents the point at which the investment becomes profitable and is no longer operating at a loss.
To compute the break-even time, we need to find the point in time at which the cumulative net cash flows equal the initial investment of $21,766. We can use the present value formula to calculate this.
PV = CF / [tex](1 + r)^{n}[/tex]
Where:
PV = present value (initial investment)
CF = net cash flow per period
r = required rate of return
n = number of periods
Plugging in the given values, we get:
21,766 = 4,000 / [tex](1 + 0.07)^{1}[/tex] + 4,000 / (1 + 0.07)² + ... + 4,000 / [tex](1 + 0.07)^{8}[/tex]
Using a financial calculator or spreadsheet software, we can solve for the break-even time, which is 5.7 years (rounded to 1 decimal place). This means that Samsung will recoup its initial investment in 5.7 years, after which the project will begin generating positive returns.
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pick your favorite super bowl LVII commercial and answer the following question in complete sentences 2023
1. Describe the ad, the company, the brand, and basic message.
2. What consumer needs were identified?
.....
3. What was the target market and how was this market shown in the ad? Describe the demographic and
psychographic characteristics you think the ad targets. Explain why you think this.
4. Explain why you think the advertiser has targeted this group and chosen the Super Bowl to do so.
5. Do you think this advertisement is effective at gaining the attention of the target audience? Explain why
or why not.
6. Did the ad present a call to action by the consumer or merely try to present the brand? If the ad did call
for customer action, what action was called for?
7. What particularly did you like or dislike about the ad?
8. Was the ad designed for Super Bowl Sunday only, or can it be reused?
9. And now the $5 Million Dollar question (remember the average 30 second ad cost the advertising
company on average $5 million). The purpose of the advertising and marketing behind this commercial
was probably to inform, reinforce past behavior, change behavior, and create sales. In your opinion, will
the ad you have chosen do these things? Why or why not. What do you think could have been done more
effectively?
Answer:
I cannot understand the question
The present value of the tax cost associated with the current sale of inventory for 50,000 and subsequent of Owl stock for 70,000
According to the question the present value of the tax cost would be $162,500.
What is tax cost?Tax cost is the amount of money paid to the government in the form of taxes. It is the amount of money that individuals, businesses, and other organizations must pay to the government based on their income, profits, or other activities. Tax costs can include income taxes, property taxes, sales taxes, payroll taxes, and other forms of taxes. Depending on the country or jurisdiction, different types of taxes may be included in the tax cost calculation.
The present value of the tax cost associated with the current sale of inventory for $50,000 and subsequent sale of Owl stock for $700,000 depends on the applicable tax rate in your jurisdiction.
Assuming a tax rate of 25%, the present value of the tax cost would be $162,500
($50,000 x 25% + $700,000 x 25%).
= $162,500.
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2 Dibya wish to follow the contingency theory? What fundamental difference do you find in Dristi and Dipika in terms of way of deal subordinates? How do you link their management style with theory? 3. If you need to suggest Dibya to choose the manager, whom do you suggest and why? Project Work
It is important to note that without specific information about Dibya, Dristi, and Dipika and their management styles, it would not be appropriate to make assumptions or draw conclusions about their management approaches or link them to the contingency theory.
What is Contingency theory?
Contingency theory is a management theory that suggests that the most effective approach to managing subordinates depends on various situational factors, such as the characteristics of the subordinates, the nature of the task, and the organizational environment. The theory proposes that there is no one-size-fits-all management style, and effective leadership requires adapting to the specific circumstances at hand.
The management style or approach may vary depending on factors such as the subordinates' abilities, motivation, and experience, the complexity of the task, the level of uncertainty in the environment, and other contextual factors.
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