Some potential issues with a policy that only seeks to maximize market productivity:
InequalityEnvironmental degradationSome potential with a policy that only concerns environmental protection:
Social equityTechnological limitationsWhat happens when we maximize productivity alone or environmental protection alone?If a policy focuses solely on maximizing market productivity, it may neglect the needs and interests of individuals or groups who are marginalized or disadvantaged.
A policy that prioritizes market productivity may encourage businesses to prioritize profits over environmental concerns, leading to pollution, resource depletion, and other environmental problems.
A policy that focuses solely on environmental protection may overlook economic concerns, such as job creation, economic growth, or business development.
A policy that prioritizes environmental protection may have unintended consequences for marginalized or disadvantaged communities, particularly those that rely on resource extraction or other industries that have environmental impacts.
Find out more on environmental protection at https://brainly.com/question/3316812
#SPJ1
Al-Baida wants to buy a new machine with special purposes for an amount $ (1) million for the production of a product, and the economic life of the machine is (10) years, bearing in mind that there is no residual value for the machine at the end of its useful life. The company adopts the straight-line method in calculating the depreciation, and it is expected that the annual revenues from operating the machine will be 1,200,000 ID, and the annual expenses excluding taxes, (700,000 ID. If you know that the company adopts a discount rate of 12% The income tax rate is 30% for all years. Required: Calculate the following: .1. payback period. 2. Rate of accounting return on investment.
1. Payback period will be 2 years.
2. The rate of accounting return on investment for the machine is 35%.
To calculate the payback period, we need to determine the number of years it takes for the company to recover the initial investment of $1 million.
Step 1: Calculate the annual net cash flow.
Annual net cash flow = Annual revenues - Annual expenses excluding taxes
Annual net cash flow = $1,200,000 - $700,000 = $500,000
Step 2: Determine the payback period.
Payback period = Initial investment / Annual net cash flow
Payback period = $1,000,000 / $500,000
Payback period = 2 years
Therefore, the payback period for the investment in the machine is 2 years.
To calculate the rate of accounting return on investment, we need to determine the average annual net income generated by the investment.
Step 1: Calculate the average annual net income.
Average annual net income = (Annual revenues - Annual expenses excluding taxes) * (1 - Tax rate)
Average annual net income = $500,000 * (1 - 0.30)
Average annual net income = $350,000
Step 2: Calculate the rate of accounting return on investment.
Rate of accounting return on investment = Average annual net income / Initial investment * 100
Rate of accounting return on investment = $350,000 / $1,000,000 * 100
Rate of accounting return on investment = 35%
for more such questions on investment
https://brainly.com/question/29547577
#SPJ11
Discuss and highlight the main features of a Bill of Lading, types of Bill of Lading, and the purpose, usefulness and limitation of such bills in global trade and commerce.
A bill of lading (/ˈleɪdɪŋ/) (sometimes abbreviated as B/L or BOL) is a document issued by a carrier (or their agent) to acknowledge receipt of cargo for shipment. Although the term historically related only to carriage by sea, a bill of lading may today be used for any type of carriage of goods.[1] Bills of lading are one of three crucial documents used in international trade to ensure that exporters receive payment and importers receive the merchandise.[2] The other two documents are a policy of insurance and an invoice.[3] Whereas a bill of lading is negotiable, both a policy and an invoice are assignable. In international trade outside the United States, bills of lading are distinct from waybills in that the latter are not transferable and do not confer title. Nevertheless, the UK Carriage of Goods by Sea Act 1992 grants "all rights of suit under the contract of carriage" to the lawful holder of a bill of lading, or to the consignee under a sea waybill or a ship's delivery order.

Bill of lading
A bill of lading must be transferable,[4][5] and serves three main functions:
it is a conclusive receipt,[6] i.e. an acknowledgement that the goods have been loaded;[7] and
it contains or evidences[8] the terms of the contract of carriage; and
it serves as a document of title to the goods,[9] subject to the nemo dat rule.
Typical export transaction use Incoterms terms such as CIF, FOB or FAS, requiring the exporter/shipper to deliver the goods to the ship, whether onboard or alongside. Nevertheless, the loading itself will usually be done by the carrier himself or by a third party stevedore.
Reporting Net Sales after Sales Discounts [LO 6-4]
During the months of January and February, Solitaire Corporation sold goods to two customers. The sequence of events was as follows:
Jan. 6 Sold goods for $120 to Wizard Inc. with terms 2/30, n/60. The goods cost Solitaire $71.
7 Sold goods to Spyder Corp. for $83 with terms 4/10, n/30. The goods cost Solitare $61.
14 Collected cash for the amount due from Wizard Inc.
Feb. 28 Collected cash for the amount due from Spyder Corp.
Required:
Compute the total revenue Solitare would report over the two months. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Reed Company is in the process of preparing its financial statements for 2022. During 2022, Reed changed from the double-declining balance method for its building to the straight-line method. The building originally cost $900,000. It had an original useful life of 25 years and a salvage value of $60,000. Purchase date was 1/1/20. The 2022 depreciation expense for the building will be:
Answer:
$30,511.30
Explanation:
The double declining method was used for two years
Depreciation expense using the double declining method = Depreciation factor x cost of the asset
Depreciation factor = 2 x (1/useful life) = 2 /25 = 0.08
Depreciation expense in 2020 = 0.08 x $900,000 = $72,000
Book value = $900,000 - $72,000 = $828,000
Depreciation expense in 2021 = 0.08 x $828,000 = $66,240
book value = $828,000 - $66,240 = $761,760
Straight line depreciation expense = (book value - Salvage value) / useful life
useful life = 25 - 2 = 23
book value = $761,760
salvage value = $60,000.
( $761,760 - $60,000. ) / 23 = $30,511.30
The depreciation expense for the remaining useful life of the asset would $30,511.30
Can anyone please write a summery of everything that happened in the Great depression?
Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a(n) ________ style of leadership.
A) transformational
B) transactional
C) charismatic
D) laissez-faire
E) employee-oriented
Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a charismatic style of leadership.
Who is a Leader?Throughout history, there had been numerous leaders who were also cruel and destructive. So are they still considered leaders? A leader, in my opinion, is someone who does more than merely guide others. They must be motivated by the proper factors and have a positive influence on others around them.
A director has the ability to can see just how things may be made better and motivates others to work toward that vision. Leaders may endeavor to realize their goals while prioritizing people. To succeed, leaders must be empathic and able to establish connections with others. Simply being able to encourage others is not enough. Leaders don't always have to share so same upbringing or travel that very same road.
The fact that future politicians will become more varied will provide a range of opinions. Naturally, some could disagree with my definition. The most crucial factor is that organizational definitions of leadership are shared within.
To learn more about Leader follow the link.
https://brainly.com/question/15868646
#SPJ5
After the call, Holly realized the conflict was at the tension stage. Why? Brie Holly and Jennifer
After the call, Holly realized the conflict was at the tension stage because of the emotional tension that resulted from the conversation. During the call, Jennifer expressed her dissatisfaction with the resources and benefits that she was receiving from the relationship.
According to the social exchange theory, people exchange resources and benefits to maintain social relationships. In this exchange, people weigh the costs and rewards of social relationships. Social exchange theory can be applied to the conflicts that occur in social relationships.Conflicts can occur when one person perceives that another person has violated their expectations, rights, or interests.
Conflicts in social relationships can be resolved through several stages, including the tension stage, crisis stage, and the recovery stage. Conflict resolution requires people to resolve their differences to maintain the social relationship. Holly felt that Jennifer was not putting enough effort into maintaining the relationship and she did not understand the impact of her actions on Holly.Brie and Holly were concerned about the implications of the conflict on their social relationship.
Brie asked Holly to resolve the conflict by weighing the costs and rewards of their relationship. Holly realized that their social relationship was important to her, and she had to work towards maintaining it. Holly chose to communicate her thoughts and feelings with Jennifer, which resolved the conflict. Holly and Jennifer were able to come to a compromise, and their social relationship was preserved.
For more such questions on conflict
https://brainly.com/question/858228
#SPJ8
Note- The Complete Question is this...
What specific event or occurrence made Holly realize that the conflict between Brie, Holly, and Jennifer was at the tension stage?
For Tax Year 2019, amounts are indexed using the Chained Consumer Price Index for All Urban Consumers ("chained CPI"). What impact will this have on 2019 tax returns?
Answer:
2019 Tax Impact of Chained Consumer Price Index for All Urban Consumers
The impact is very minimal with just a reduction of $150 from 2018's $24,550. However, the chained Consumer Price Index (chained CPI) is more progressive than the fixed weighted CPI, as it does not use a fixed bracket of goods.
Explanation:
The chained Consumer Price Index indexes consumer spending, taxes, and Social Security benefits to the rate of inflation. Considered an alternative measurement to the Consumer Price Index (CPI), the Chain-weighted CPI factors in the product substitutions by consumers and other changes in their spending habits, which are unlike the fixed-weighted bracket of goods used by the ordinary CPI.
In this assignment, you will develop a more personalized understanding of the Balanced Scorecard concept and see how your vision and mission can be linked to your goals and objectives. Using the S-M-A-R-T tools in section 6.7 of Chapter 6 in the text, create your own list of goals and objectives.
Create 4 to 5 S-M-A-R-T goals and objectives and demonstrate how they link to your Strategy Diamond and personal vision and mission statements.
Be sure that your Learning Journal entry is a minimum of 500 words.
Answer: The answer is provided below.
Explanation:
The following are my SMART goals:-
Specific
1. I want to be physically fit within 5 months so as to be able to run a marathon in less than 2 hours.
2. I want to become a head of department in my current organization from my current position as a junior staff within the next 4 years in order to be able lead a team.
3. I want to become an amazing and better husband to my wife through spending more quality time with her.
4. I want to become a better father to my children by spending time with them and helping them with their school works.
Measurable
1. I would start my training from the following week. I would begin by running 3 to 5 kilometers with walk breaks.
2. I would talk to my boss next week and request for more responsibilities and also to ask him the requirements neccesary to get promoted.
3. I would come back from office early and spend time with my wife.
4. I would come early from work and spend my weekends together with my children.
Attainable
1. I will talk to other marathoners to know whether my goal is attainable and will also research about it.
2. I will talk to my colleagues whom are head of departments about how they were promoted.
3. I will talk to other husbands that are successful.
4. I will talk to other dads to know whether my goal is attainable.
Realistic
When I start measuring my progress weekly and getting a feedback from people whom I admire, then I would know how realistic my goals are.
Timely
I have given a time frame for the attainment of all these goals which is very vital.
For implementing these goals, I m going to use the Plan-Do-Act-Dare cycle.
Since my objective is to become a well rounded person in my personal and also my professional life, the above steps will surely help me in becoming that person.
The strategy diamond will consist of:-
1. Arenas- Professional and Personal
2. Vehicles- Focus and hard work
3. Differentiation- Being different and unique from others.
4. Staging- Speed of initiatives
There should also be an economic logic that is binding this.
The CPI is based on the prices of a carefully selected market
basket of goods, all of which consumers can purchase at a
supermarket.
O True
O False
The CPI is based on the prices of a carefully selected market basket of goods, all of which consumers can purchase at a supermarket is false.
The CPI is a measure of inflation that tracks the average change over time in the prices paid by urban consumers for a fixed basket of goods and services.
The basket of goods and services included in the CPI represents the typical spending patterns of urban households, but it is not limited to items found in a supermarket. The basket includes a wide range of goods and services, such as housing, transportation, healthcare, education, and recreation, in addition to food and beverages.
The Bureau of Labor Statistics (BLS) in the United States, which calculates the CPI, regularly updates the basket of goods and adjusts their weights based on consumer spending patterns. The BLS collects data from thousands of retail stores, service establishments, and other providers to ensure a representative sample of prices across different regions and types of businesses.
To learn more about CPI
https://brainly.com/question/8416975
#SPJ8
In St. Bobo, the government decided to build a bridge instead of a Hospital. The opposition said the hospital should have been built first.
What is the opportunity cost of building the bridge?
Based on the explanation provided below, the opportunity cost of building the bridge is the hospital.
What is the meaning of opportunity cost?Opportunity cost refers to an alternative or an activity that is lost, forgone, or given up when another alternative or activity is chosen.
From the question, the opportunity cost of building the bridge is the hospital.
This is because the hospital is the alternative activity that will be given up, while the bridge will be chosen and built.
Learn more about opportunity cost: https://brainly.com/question/13036997.
#SPJ1
The Davis family grows organic vegetables to sell at a local farmer’s market. Which are factors that directly affect their profit? Check all that apply.
an increase in the cost of farm equipment
a rise in demand for organic produce
an increase in customers at the market
a change in the market price for non-organic fruit
a sale on organic meats at the market
(answer is abc)
Answer:
an increase in the cost of farm equipment
Explanation:
With the Davis family continuously growing and selling vegetables they would need to repair or get new equipment
Answer:
a b c
Explanation:
The variable costs of labor and material are $8 per unit. The company has an offer from a major subcontractor to produce the part for $12 per unit. However, the subcontractor wants the company to share in the costs of the equipment. The electronics company estimates that the total cost would be $3.1 million, which also includes management oversight for the new supply contact. The company must consume more than ______ diaphragms to make the manufacturing the part in-house option least costly. (Enter your response rounded up to the nearest whole number.)
Creative and innovative
A creative innovation is bringing about something unique and different.
What is creativity?Creativity is the ability to imagine something unique or new that have not been in existence.
It could also be a modification to what have been existing before.
Therefore, A creative innovation is bringing about something unique and different.
Learn more on creativity here,
https://brainly.com/question/19171885
#SPJ1
Double declining balance
The double-declining balance method is an effective way to depreciate assets in the early years of their useful life and reduce the balance of the asset more quickly than the straight-line method. This helps companies to account for the asset's cost more accurately over time and to recognize its diminishing value as it ages.
Double-declining balance method is a method of depreciation that is an accelerated method.
The depreciation rate is twice as much as the straight-line method's depreciation rate.
This method begins with an asset's value at the beginning of its use and then decreases at a constant rate throughout its useful life until it reaches the asset's salvage value.
This depreciation method is most commonly used for assets that depreciate quickly at the beginning of their useful life and then slowly depreciate over time until they are scrapped or sold.
Assets such as computers, vehicles, and machinery are common examples of assets that use this method of depreciation.
Double-declining balance method can be calculated using the following formula:Annual depreciation = (2 / useful life in years) * book value at the beginning of the yearOrDepreciation rate = 2 / useful life in years.
For more such questions on depreciate
https://brainly.com/question/29894489
#SPJ8
There are six workers, one at each of the six stations (A-F). They begin their workday at 8:00 a.m. and work steadily until 4:00 pm. (They are replaced with other workers for breaks and lunches, but the production is not slowed or stopped during these times.) Their hourly wage rate is $25 per hour. You can assume unlimited demand.
What are the direct labor costs (you can ignore any start-up or empty system effects)associated with producing one razor, in dollars?
The direct labor costs is $ 1500
What is Direct Labor Costs?
Wages paid to employees directly related to producing goods or rendering customer services are referred to as direct labor costs. The overall direct labor cost exceeds wages paid by a significant amount.
Any employee directly involved in a product's manufacturing is referred to as direct labor.
Calculation for What is the process capacity in razors/hour
Based on the information given we would be using process capacity of station D Assembly 3:
Process capacity of D = 1/60*60sec * 60 mins
Process capacity of D = 1/60*3600 razors per hour
Process capacity of D = 60
Therefore, the process capacity in razors/hour will be 60.
Since, their hourly wage rate is $25 per hour. Therefore, the direct labor costs is
= 60 * 25
= $ 1500
Know more about Direct labor costs: -https://brainly.com/question/28163914
#SPJ9
What is a 3-month overnight indexed swap (OIS)?
Individual consumers are considered as:
communication
possible customers
competition
demographics
B. Possible customers
What is the unemployment rate in Cuba?
Answer:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Cuba unemployment rate for 2020 was 3.87%, a 2.2% increase from 2019. Cuba unemployment rate for 2019 was 1.67%, a 0.03% decline from 2018.
Explanation:
Garcia Company has 10,500 units of its product that were produced last year at a total cost of $157,500. The units were damaged in a rainstorm because the warehouse where they were stored developed a leak in the roof. Garcia can sell the units as is for $2 each or it can repair the units at a total cost of $18,500 and then sell them for $6 each. Calculate the incremental net income if the units are repaired
The following trial balance relate to Lubuto company at 31 March 2022 Plant and Equipment at cost (iii) 155,500 Accumulated amortisation/ depreciation at 1 April 2021 Right of use asset 25,000 Plant and Equipment 43,500 Right of use – leased property at cost 100,000 Bank interest 900 Administration expenses 36,800 Distribution costs 33,500 Cost of sales 290,600 Loan note interest and dividends paid (notes(iv) and(v) 13,380 Revenue 490,000 Inventories at 31st March 2022 61,000 Trade received 63,000 Trade payables 32,200 Bank 5,500 Equity shares of 25ngwee each (notes ii) 56,000 Share premium 25,000 Retained earnings at 1 April 2021 26,080 5% convertible loan note (note iv) 50,000 Current tax note (vi) 3,200 Deferred tax (note (vi) 4,600 757,880 757,880 The following notes are relevant: (i) Revenue includes and amount of K20 million for cash sales made through Lubuto co’s retail outlets during the year on behalf of francis. lubuto Co, acting as agent, is entitled to a commission of 10% of the selling price of these goods. By 31st March 2022, Lubuto Co had remitted to Francis K15million ( of the K20 million sales) and recorded this amount in cost of sales (ii) On 1st August 2021, Lubuto Co made a fully subscribed rights issue of equity share capital based on two new shares at 60 ngwee each for every five shares held. The issue has been fully recorded in the trial balance figures. (iii) Plant and equipment is depreciated at 12.5% per annum on the reducing balance basis. All amortisation and depreciation of non-current assets is charged to cost of sales. (iv) On 1 April 2021, Lubuto co issued a 5% K50 million convertible loan note at par. Interest is payable annually in arears on 31 March each year. The loan note is redeemable at par or convertible into equity shares at the option of the loan note holders on 31 March 2024. The interest on an equivalent loan note without the conversion rights would be 8% per annum. The present values of K1 received at the end of each year, based on discount rates of 5%
For each five shares held in a fully subscribed rights offering, Lubuto Co. issued two new shares at a price of 60 ngwee each on August 1st, 2021. The numbers for the trial balance show that K56,000 in total equity share capital was raised.
What is the equity share capital?Trial Balance of Lubuto Co. as of March 31, 2022
Plant and equipment for Dr. Cr. at cost (iii) 155,500
Right of use asset 43,500 Accumulated amortization/depreciation at 1 April 2021
Leased property with a right of use costing $100,000
900 in bank interest
costs for administration 36,800
33,500 is spent on distribution
Sales expense: 290,600
Interest and dividends on loan notes (notes (iv) and (v)) paid: 13,380
income of 490,000
Inventory levels as of March 31, 2022 61,000
receiving 63,000 in trade
32,200 in trade payables
Bank 5,500 shares of equity worth 25 ngwee apiece (notes ii) 56,000
25,000 in share premium
Note (vi) on current taxes: 3,200
Deferred tax (4,600) (note (vi)
Total 757,880 757,880
I Lubuto Co functioned as Francis' agent and generated K20 million in cash sales. By the end of March 2022, Lubuto Co. will have paid Francis K15 million in commission, which is 10%. In the trial balance, the revenue is therefore K490,000 (K20,000,000 x 10% - K15,000,000).
(iii): On a declining balance basis, plant and equipment are depreciated at a rate of 12.5% annually.
As of April 1, 2021, the total depreciation was K43,500, and the annual depreciation charge was K19,438 (K155,500 x 12.5%). Amounts for non-current assets' amortization and depreciation are included in the overall cost of sales.
(iv) On April 1, 2021, Lubuto Co. issued a K50 million 5% convertible loan note at par. The annual interest is K2,500,000 (K50,000,000 x 5%), due in arrears on March 31 of each year.
Based on a 5% discount rate, K1's present value at the end of each year is equal to K4.3295.
(v): K1,500,000 in dividends (K50,000,000 x 3%) are due to the holders of the loan notes. The trial balance shows K13,380 as the total amount of dividends paid for the entire year.
(vi): The deferred tax liability is K4,600, and the current tax due is K3,200.
Therefore, the loan note's current value is K50,000,000 x 4.3295, or K216,475, and it is noted as a liability in the trial balance. K2,500,000 - K216,475 = K2,283,525 represents the interest that was paid for the year.
Learn more about equity here:
https://brainly.com/question/14962346
#SPJ1
what are fixed expenses
A. all expenses that change depending on various factors, such as the number of customers in a given period of time
B. the amount of money the retailer spends to buy each item from the wholesaler or producer
C. the amount of money received per the sale of each item
D. All expenses that are the same fixed amount on a recuring basis, such as rent
The amount of money received per the sale of each item are fixed expenses. The answer is OPTION C.
Numerous expenses fall under the category of fixed costs, such as mortgage and rent payments, various types of salary, insurance, property taxes, interest fees, depreciation, and some utility bills. For instance, a new business owner would probably start off with fixed costs like rent and managerial salary.
Fixed expenses: Expenses that must be paid on a regular basis and usually have a set price, such as bills. Utility bills are an example of fixed expenses that can also be variable because the monthly cost varies based on usage. The frequency of fixed expenses can be weekly, monthly, quarterly, or yearly.
To learn more about expenses, click here.
https://brainly.com/question/29842871
#SPJ1
explain the role of Information technology in the Supply chain industry with examples
Information technology in the supply chain helps in speeding up the business process and prevents obstacles.
A supply chain is the process of manufacturing and selling goods. It includes the supply of raw materials, manufacturing products, distribution, and selling to consumers.
Information Technology (IT) plays a very important role in supply chain management. Data is very crucial for the execution of the supply chain, as it supplies information based on which the management can take a decision.
Information technology has helped companies in the on-time procurement of goods and helps in meeting the needs of consumers.
Learn more about "Information Technology in Supply Chain":
https://brainly.com/question/27344414
Jim has to step into an existing high-priority project as the current project manager has suddenly reported sick just before an important milestone. He finds that the team is exhausted on account of the high workload, morale is low, and the client is pushing forward with previously agreed but clearly unreasonable deadlines. 1. What is the second most effective responsive? Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Jim tries to maintain the status quo and presses forward with the team to ensure client deadlines are met, no matter what. It is just a matter of holding the fort till the original project manager is back. Jim decides it is not worth stake his reputation on an ill-fated project, informs his director accordingly with a status report detailing the issues, and excuses himself from the project.
The second most effective response is, Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Option a is correct.
The second most effective response would be option (a). Jim needs to communicate with the director about the situation and then address the issues with the team and client. It is important to set realistic expectations and ensure that everyone is on the same page. Ignoring the problems and pressing forward (option b) could result in further burnout and even more problems down the line.
Walking away from the project (option c) is not a good option either, as it does not address the current situation and could harm Jim's professional reputation. It is important to take responsibility and make an effort to improve the situation to the best of Jim's ability. Option a is correct.
To know more about milestone, here
brainly.com/question/28812051
#SPJ1
An economy that has government collecting taxes and making regulations is called a
Answer:
If I recall it may be called Revenue.
Explanation:
If this is not the answer you were looking for, please don't hesitate to comment below so I can get back to you as soon as I can. Have a nice Day/Night! :)
Also, it will be greatly appreciated if you can take out your time and bless me with the brainliest button! :)
1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
For more such questions on opportunity costs
https://brainly.com/question/30191275
#SPJ8
How can one tell whether two firms are engaging in an alliance to facilitate collusion or are engaging in an alliance for other purposes?
Through strategic alliances it is possible to identify the objectives of two companies for their development and marketing success.
What is a strategic alliance?It is defined as an agreement between two or more companies, where there is the sharing of tangible resources and knowledge to achieve benefits that satisfy the needs of both.
Therefore, in a strategic alliance, the organizations involved remain independent and use shared resources to achieve objectives and market positioning.
Find out more about strategic alliance here:
https://brainly.com/question/4467038
#SPJ1
Explain two advantages to TGH of segmenting the market for sport shoes
Billy Brown Services Co. Balance Sheet For the Year Ended December 31, 2007 Assets Liabilities Current assets: Current liabilities: Cash $ 6,170 Accounts receivable $ 9,000 Accounts payable 8,500 Accum. depr-building 13,525 Supplies 1,590 Accum. depr-equipment 6,340 Prepaid insurance 345 Net income 12,500 Land 25,000 Total current assets $ 41,605 Total liabilities $ 41,365 Owner's Equity Property, plant, and equipment: Wages payable $ 500 Building $45,500 Billy Brown, capital 74,490 Equipment 28,250 Total owner's equity $ 74,990 Total property, plant, and equipment 73,750 Total liabilities and Total assets $116,355 owner's equity $116,355 (a) List the errors in the balance sheet above. (b) Prepare a corrected balance sheet.
A balance sheet is a financial statement that reports a company's assets, liabilities, and shareholder equity.
What is the meaning Balance sheet?A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organization like the government or a not-for-profit entity.
An organization's assets, liabilities, and shareholders' equity are listed on a balance sheet at one particular time. One of the key records that go into a business's financial reports is this one.
Learn more about the Balance Sheet here:
https://brainly.com/question/30158228
#SPJ9
Biblio Files Company is the chief competitor of Cover-to-Cover Company in the bookshelf business. Biblio Files is analyzing its manufacturing costs, and has compiled the following data for the first six months of the year. After reviewing the data, answer questions (1) through (3) that follow.
Month Number of Units Produced Total Cost
January 4,360 $65,600
February 225 $6,250
March 1,000 $15,000
April 5,475 $111,250
May 1,750 $32,500
June 3,015 $48,000
From the data previously provided, help Biblio Files Company estimate the fixed and variable portions of its total costs using the High-Low Method. Recall that Total Costs = (Variable Cost Per Unit x Units Produced) + Fixed Cost. Complete the following table.
Total Fixed Cost Variable Cost per Unit
Answer and Explanation:
The computation is given below:
As we know that
The Variable cost per unit is
= (Highest activity cost- Lowest activity cost) ÷ (Highest activity units- Lowest activity units)
Particulars Total Cost Units
Highest units 111,250.00 5,475.00
Lowest units 6,250.00 225.00
Difference 105,000.00 5,250.00
Variable cost per unit 20.00
Now
Fixed cost= Highest activity cost- (Highest units × Variable cost per unit)
= $111,250 - (5475 × 20)
= $1,750.00