Answer:
The Target cost per dryer will be $35 per dryer
Explanation:
First, we need to calculate the required return
Required return = Investment x Required rate of return
Where
Investment = $600,000
Required rate of return = 25%
Placing values in the formula
Required return = $600,000 x 25% = $150,000
Now calculate the return per dryer
Return per dryer = Required return / Expected sale = $150,000 / 30,000 = $5 per dryer
Now use following formula to calculate the target cost per dryer
Return Per dryer = Selling price per dryer - Target cost per dryer
$5 per dryer = $40 per dryer - Target cost per dryer
Target cost per dryer = $40 per dryer - $5 per dryer
Target cost per dryer = $35 per dryer
income already earned but not yet recieved
Today’s entrepreneurs are taking advantage of the opportunity to meet changing needs in the marketplace. Examples include cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement. How does this opportunity demonstrate awareness of the marketplace? Do you anticipate that the market will be increasing or decreasing?
The opportunity for entrepreneurs to meet changing needs in the marketplace, such as cleanup of radioactive and industrial waste, disposal of outdated computers and office equipment, and women-friendly tool kits for home improvement, demonstrates their awareness of the evolving demands and preferences of consumers.
By identifying these specific needs and developing solutions to address them, entrepreneurs show their understanding of the marketplace and the potential for profitable ventures.
They recognize that there is a demand for environmentally-friendly waste management services, responsible disposal of electronic devices, and products tailored to the needs of women engaging in home improvement projects. This awareness enables them to capitalize on these opportunities and cater to niche markets.
Regarding the future trajectory of the market, it is important to note that predictions can be influenced by various factors and are subject to change. However, based on the information provided, it seems likely that the market for these types of services and products may increase or remain stable in the near future.
Concerns about environmental sustainability, regulations on waste management, and the increasing focus on inclusivity and gender equality suggest a continued need for solutions in these areas. As long as these needs persist and evolve, entrepreneurs who are able to offer innovative and effective solutions are likely to find opportunities for growth and success in the market.
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Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
2. record a deferred tax liability
3. have a permanent difference
4. report no difference between financial income and taxable income for 2020.
Answer:
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
Explanation:
For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset. This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting. Deferred tax asset arises from the overpayment or advance payment of taxes. The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.
Classical economists support which amount of
government intervention into the economy?
A. limited
B. negligent
C. large
The operating budget provides a roadmap for financial plans for a short-term, future period. What is a typical “future period” for an operating budget?
An operating budget is a financial statement that outlines the organization's expenditures and revenues for a specific period.
The operating budget is typically for a fiscal year, which is usually twelve months. The future period for an operating budget is usually a fiscal year or less than a year. The operating budget is critical because it establishes guidelines for financial activities and operations in an organization. It provides a roadmap for financial plans for a short-term, future period, which typically begins on January 1st and ends on December 31st.
An organization creates an operating budget to aid in the allocation of resources and expenditures to achieve its objectives for a given period. A typical operating budget is for a fiscal year. A fiscal year is the period when an organization prepares its financial statements. It is usually 12 months, but it may be shorter or longer depending on the organization. An operating budget typically covers one fiscal year; however, it may be longer or shorter based on the organization's preferences.
The future period for an operating budget is frequently updated to reflect the company's current situation and financial standing. It takes into account the actual results of the previous period and the estimated expenditures and revenues for the upcoming year to develop the operating budget for a future period.
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Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing an electronic reader for $140. Check all that apply.
- If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $140.
- If Mo pays cash, the cost of the purchase will be $140.
- If Mo uses the credit card and pays off the balance at $30 a month for 7 months with no late fees, the cost of the purchase will be $143.34.
- If Mo pays cash, the cost of the purchase will be $135.80.
- If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.
- If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.80.
Answer:
b,e and f
Explanation:
Answer:
2, 5, 6
Explanation:
B e f
Would it be wise for a young company that is growing quickly but still hasn’t achieved profitability to attempt to issue bonds as a way to expand its working capital?
Answer:
It would not be wise for the young company to attempt to issue a bond as a way of expanding its capital. This is because, the company still has to be able to find a balance between its expenditure and income before it can think towards expansion. If this is not met, they might run into series of financial debts while trying to expand.
Explanation:
On March 31, 2012, Destin Incorporated reported the following balance sheet:
Assets
Cash 3,000
Inventory 14,000
Prepaid Insurance 3,000
Equipment (net) 20.000
Total Assets 40,000
Liabilities & Owners' Equity
Loan Payable 10,000
Common Stock 25,000
Retained Eamings 5,000
Total Liabilities and OE 40,000
During the month ended April 30, 2012, Destin reports the following activities:
They earn revenue totaling $16,000 related to selling inventory, all received in cash. The cost of the inventory sold is $9,000.
Employees earn $2,000, all of which is paid in cash during April.
Other operating expense total $1,000, all paid in cash during April.
They purchase inventory for cash at a total cost of $10,000.
Other information:
A. Depreciation on the equipment is $1,000 per month.
B. The insurance policy was purchased on January 1, 2012, and covers six months.
Required:
1. Calculate Destin's net income for the month ended April 30, 2012.
2. Calculate Destin's retained earnings as of April 30, 2012.
3. Calculate the total assets as of April 30, 2012.
4. Calculate the total liabilities as of April 30, 2012.
5. Calculate the total owners' equity as of April 30, 2012.
6. Calculate the balance of Accumulated depreciation as of April 30, 2012.
Answer:
Destin Incorporated
1. Net income for the month ended April 30, 2012 is $1,000.
2. Retained earnings as of April 30, 2012 is $6,000.
3. Total assets as of April 30, 2012 is $41,000.
4. Total liabilities as of April 30, 2012 is $10,000.
5. The total owners' equity as of April 30, 2012 is $31,000.
6. The balance of Accumulated depreciation as of April 30, 2012 is $4,000.
Explanation:
a) Data and Calculations:
Balance sheet:
Assets
Cash 3,000 + 16,000 -2,000 - 1,000 - 10,000 = 6,000
Inventory 14,000 + 10,000 - 9,000 = 15,000
Prepaid Insurance 3,000 - 2,000 = 1,000
Equipment (net) 20,000 - 1,000
Total Assets 40,000
Liabilities & Owners' Equity
Loan Payable 10,000
Common Stock 25,000
Retained Earnings 5,000
Total Liabilities and OE 40,000
Revenue $16,000
Cost of goods sold 9,000
Gross profit $7,000
Wages 2,000
Other expenses 1,000
Depreciation expense 1,000
Insurance expense 2,000
Total expenses $6,000
Net income $1,000
Retained earnings:
Beginning balance 5,000
Net income 1,000
Ending balance 6,000
Total assets:
Cash balance 6,000
Inventory 15,000
Prepaid insur. 1,000
Equipment 19,000
Total assets = 41,000
Total liabilities:
Loan Payable 10,000
Equity:
Common Stock 25,000
Retained earnings 6,000
Owners' equity 31,000
For the year, the balance of Accumulated Depreciation = $4,000 ($1,000 * 4)
Can anyone please write a summery of everything that happened in the Great depression?
why do projects fail ?
Which of the following is not a characteristic of a cafeteria?
A tray is used to collect chosen dishes.
Customers tell servers what they want.
Food is displayed along the serving line.
Amounts are usually "all you care to eat" with no limits.
Answer:
The last option
Explanation:
In cafeterias you don't get an unlimited amount of what you want. Sometimes you don't even get what you want.
Which of the following corectly illustrates how prices serve as signals to consumers
Answer:
Most word-processing programs allow the user to select a command from the menu to insert a graphic. Clicks in the document where you want your file, choose insert and picture click from file select the image the press open and you picture will become inserted in to the document.
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if the Supply schedule for a taco truck shows at $200 per day at $2.00 per Taco are being produced how many tacos per day does the owner need to have the market demand to be in equilibrium at that price?
Answer:
100
Explanation:
$2 times 100 tacos is equal to $200.
When Sydney borrowed $8000 from her parents, they made her give them some collateral. What would be the MOST logical thing for Sydney to do to handle their request?
a) Show them proof of her high credit score.
b) Sign an agreement to pay back $9000.
c) Go to a bank instead of getting a loan from her parents.
d) Give them the title to her car.
Which of the following best describes what happens if one more unit of labor is used? Choose 1 answer:
A) MPL increases
B) MPL equals total product of labor (TPL)
C) APL is maximized
D) APL increases.
E) MPL is minimized
MPL increases, best describes what happens if one more unit of labor is used. Thus, option (a) is correct.
The change in output brought on by adding a new unit of labour is known as the marginal product of labour (MPL).
MPL stands for the extra output that can be produced with an additional unit of labour. If MPL rises, it indicates that the extra output produced by the additional unit of labour is larger than the output produced by the original unit of labour.
Therefore, option (a) is correct.
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you are looking at setting up a partnership as your business structure. which of the following could be considered a disadvantage in a partnership?
Assuming you are looking at setting up a partnership as your business structure, the statement which could be considered a disadvantage in a partnership is that: A. Decision making needs to be shared across the partners.
What is a partnership?In Business management, a partnership can be defined as a type of business ownership (structure) in which two (2) or more individuals come together to start up a business and share the profits made together, usually under a signed contractual agreement between all of the parties that are involved.
Generally speaking, one of the fundamental disadvantages of a partnership form of business is that the decision making process must be shared between all of the parties that are involved in the business.
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Complete Question:
You are looking at setting up a partnership as your business structure. Which of the following could be considered a disadvantage in a partnership?
Decision making needs to be shared across the partners.
A partnership has limitations of the highly-restrictive, legal partnership requirements.
The high taxes that partnerships have to pay.
The variety of diverse perspectives and skills brought by each partner.
QUESTION 1 of 10: Your employees have the opportunity to participate in a 401K plan. Each employee can contribute up to 5% of their pay
into the plan. The employer will match 50% of an employee's contribution. If an employee contributed all 5% allowable from their $55,000 per
year salary, how much must the employer contribute?
ОООО
a) $1,100
b) $1,375
c) $2,750
d) $27,500
The amount that the employer must contribute is: b) $1,375.
First step is to calculate the amount the employee contribution.
Employee contribution=5%×$55,000
Employee contribution=$2,750
Second step is to calculate employer contribution
Since the employer will match 50% of an employee's contribution based on 401K plan. The employer contribution will be:
Employer contribution= 50%×$2,750
Employer contribution=$1,375
Inconclusion the amount that the employer must contribute is: b) $1,375.
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An organization that provides goods and services while seeking to operate at a profit is atn)
(Enter one word in the blank)
The organization where the goods & services should be operated for profit is known as the business.
The following information related to the business is:
It is an organization or the company where the entity should be engaged in commercial activities, industrial activities, etcIt is the efforts & activities of an individual or the company that generated the production and sale of the goods and services for the profit purpose.Therefore we can conclude that The organization where the goods & services should be operated for profit is known as the business.
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True or false
Safety glasses are only required in glass plant
Answer: yes
Explanation:
Answer:
false
Explanation:
saftey glasses should be used everywhere
Philosopher T.M. Scanlon makes four points about why we should be concerned with economic inequality. What did you think of his arguments? Are there any you find convincing? Explain your position.
Answer : yes , i find the following scriptures by philosopher convincing:
T.M. Scanlon, a philosopher, has made several points about why we should be concerned with economic inequality.
Fairness and Desert: Scanlon argues that economic inequality is a concern because it can violate principles of fairness and desert. He suggests that individuals should be rewarded based on their contributions and efforts rather than arbitrary factors like birth circumstances. This perspective implies that extreme economic disparities can undermine fairness in society.
Democratic Equality: Scanlon contends that economic inequality can undermine democratic equality by allowing the wealthy to exert undue influence over political decisions, potentially distorting democratic processes. This argument highlights the potential threat to the principle of political equality when wealth disparities are significant.
Social and Economic Power: Scanlon argues that economic inequality can lead to the concentration of social and economic power in the hands of a few, creating disparities in opportunities and social mobility. This perspective suggests that unequal distribution of resources can limit equal access to education, healthcare, and other important social goods.
Social Cohesion and Shared Identity: Scanlon posits that extreme economic inequality can erode social cohesion and undermine the sense of shared identity within a society. When there is a significant gap between the rich and the poor, it can lead to social divisions, conflicts, and a sense of alienation among different groups.
The persuasiveness of these arguments may vary depending on an individual's beliefs, values, and political ideology. Some may find Scanlon's points compelling, as they highlight the potential negative consequences of economic inequality on fairness, democracy, social mobility, and societal cohesion. Others may have different perspectives, emphasizing the importance of individual freedom, market dynamics, and the potential benefits of incentives provided by economic inequality.
It's crucial to engage in thoughtful discussions and consider multiple viewpoints to foster a comprehensive understanding of the complex issue of economic inequality.
PLEASE HELP VRO
When the economy is on the downfall it is called
A) A recession
B) A depression
C) The downfall
Answer:
A I don't know how to explain it but the answer is A
the message was written by the marketing manager of an online retailer of baby related products in the hope of becoming a retail outlet for Inglesina strollers and high chairs
It should be noted that the message should be reviewed so that it follows the writing business message guidelines.
How to write a marketing messageThe complete information is that one should read the email message and revise it so that it follows the general writing business message guidelines.
Therefore, the message will be written thus:
To: Inglensia
Subject: Retailing strollers from Best Baby Gear
Our company, Best Baby Gear, specializes in the best products for the target market. We constantly look for products and suppliers that are good, and classy to take their place alongside other carefully selected products.
We want every product to be a top-drawer success. After careful consideration, we concluded that your Inglesina lines meet our needs and therefore, we would like to add it. This collaboration will enhance our growth.
Please reach out to us for further discussions.
Warm Regards,
Best Baby Gear
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Write at least two paragraphs about the selection, discussing various components of the album cover including aesthetics and context. Start your analysis by explaining why you selected the art, then discuss: Aesthetics & Context
Album Chosen:
Nevermind by Nirvana
The Album Cover for the Album Chosen: Nevermind by Nirvana was the subject of a lot of legal controversies. It raises the question of what is appropriate and what is not. The related case was dismissed in court.
The album cover for Nirvana depicts a baby swimming toward a US dollar note on a fishhook. The image is frequently used to represent what is faulty with a society that seems to be materialistic even for babies.
What is Nirvana?Nirvana was an American rock band established in 1987 in Aberdeen, Washington. Kurt Cobain, lead vocalist and guitarist, and bassist Krist Novoselic founded the band, which went through a series of drummers, most notably Chad Channing, until hiring Dave Grohl in 1990.
Nirvana, an American alternative rock band whose breakthrough album, Nevermind (1991), launched a new musical style (grunge) and gave voice to Generation X, the post-baby boom generation.
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________ is an underlying assumption of cost-volume-profit analysis. A : All units produced are either sold or in ending inventory B : The behavior of both costs and revenues is curvilinear throughout the entire range of the activity index C : All costs can be classified as either variable or fixed with reasonable accuracy D : Changes in activity and other factors affect costs
Answer:
C : All costs can be classified as either variable or fixed with reasonable accuracy
Explanation:
Cost volume profit analysis (CVP) makes the following assumptions when it is used to determine how any change in costs can affect income:
costs can be classified as fixed or variable, and they are constantrevenues are linear with a given rangeall units produced are soldcosts will only change if output changesApproximately interest rate to the nearest whole percentage would you need to earn in order to turn $3500 into $7000 over 10 years?
Answer:
Explanation:
FV = PV(1+i)^n
Where:
PV = 3,500
FV = $7,000
n = 10
i = ?
Now putting values in the formula:
$7,000 = $3,500(1+i)^10
2 = (1+i)^10
1+i = 2^0.1
1+ i = 1.071773463
i = 0.071773463 = 7.177%
Anola Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows:Cost Pool Estimated Cost Activity - Product A Activity - Product B Total ActivityActivity 1 $18,000 300 200 500Activity 2 $16,000 500 100 600Activity 3 $27,000 600 300 900The activity rate under the ABC system for Activity 3 is:
Answer:
Anola Company
Activity 3 rate under the ABC System is:
$30 per activity
Explanation:
a) Data and Calculations:
Cost Pool
Activity Estimated Cost Activity - Activity - Total
Product A Product B Activity
Activity 1 $18,000 300 200 500
Activity 2 $16,000 500 100 600
Activity 3 $27,000 600 300 900
Activity 3 rate = $27,000/900 = $30
b) The activity rate is the product of the estimated cost of the activity divided by the total activity under the activity cost pool.
c) Under ABC costing technique, costs are accumulated and allocated based on the volume of activity. This is to ensure that each cost unit is allocated a cost that measures with the level of activity for the unit. It eliminates arbitrary allocation of costs.
Much to the chagrin of established firms, one clear supertrend is that products and services must get to market faster because Multiple Choice it takes lots of resources to survive disruptive innovation. more competitors are offering targeted products. globalization is transforming whole industries. knowledge is the new competitive advantage.
The clear supertrend is that its products and services must get to market faster because more competitors are offering targeted products.
Firms who offers a wide scope of items or administrations are presently encountering serious tension from contenders offering specific arrangements in the industry.
Hence, to the annoyance of the established firms, the clear supertrend is that its products and services must get to market faster because more competitors are offering targeted products.Therefore, the Option A is correct.
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Question 16 of 40
What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
C. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.
D. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
The correct answer is C) , Specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.
Specialization and cross-training differ in terms of the focus of training and development. Specialization involves employees focusing on developing expertise in a particular skill or area of work. It often involves becoming highly proficient and knowledgeable in a specific field or task.
Specialization allows employees to become experts in their chosen area and can lead to increased efficiency and productivity in that particular domain.
On the other hand, cross-training involves training employees in multiple skills or tasks that are outside of their primary area of expertise. It aims to provide employees with a broader skill set and the ability to perform different roles within an organization.
Cross-training helps in creating a more flexible workforce that can adapt to changing needs and handle a variety of tasks. It also enhances collaboration and teamwork by enabling employees to understand and appreciate the work of their colleagues in different areas.
Specialization and cross-training are both valuable approaches depending on the organizational needs and employee roles.
Specialization is beneficial when deep expertise and mastery in a specific area are required, while cross-training is advantageous for fostering versatility and adaptability among employees.
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Which are the 5 questions that will help the business achieve
Generally, some questions that will can help the business achieve its goals, in form of a business plan includes:
What need are you addressing?What makes you different?Who is your audience?How is your business going to make money?How will you promote your business?What do you need to get started?Why is business plan important for business success?A business plan is an important strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs focus on the specific steps required for their business ideas to succeed, but it also assists them in meeting both short-term and long-term goals.
While a business plan is required whether you are starting a Limited Liability Company (LLC) or a simple sole proprietorship, not every entrepreneur sees the value in having one. Many people are hesitant to write down their plans, and there are numerous articles online claiming that the business plan is dead or irrelevant.
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