QuantX: Total number of liquid ounces sold for brand X

QuantY: Total number of liquid ounces sold for brand Y

PriceX: The retail price per liquid ounce for brand X in dollars

PriceY: The retail price per liquid ounce for brand Y in dollars

DealX: Indicator of whether brand X was price-promoted

DealY: Indicator of whether brand Y was price-promoted

FeatX: Indicator of whether brand X was advertised or put on in-store display

FeatY: Indicator of whether brand Y was advertised or put on in-store display

Which regression model can estimate own price elasticity of demand?
lnquanty = b0 + b1*lnpricex + b2*dealx + b3*featx
lnquanty = b0 + b1*lnpricey + b2*dealy + b3*featy
pricey = b0 + b1*quantx + b2*dealx + b3*featx
lnpricey = b0 + b1*lnquanty + b2*dealy + b3*featy
Which regression model can estimate cross price elasticity of demand?
lnquanty = b0 + b1*lnpricey + b2*dealy + b3*featy
lnpricey = b0 + b1*lnquantx + b2*dealx + b3*featx
pricey = b0 + b1*quanty + b2*dealy + b3*featy
lnquanty = b0 + b1*lnpricex + b2*dealx + b3*featx

Answers

Answer 1

The regression model that can estimate cross price elasticity of demand is `lnpricey = b0 + b1*lnquantx + b2*dealx + b3*featx`.

The regression model that can estimate own price elasticity of demand is `lnquanty = b0 + b1*lnpricey + b2*dealy + b3*featy` and the regression model that can estimate cross price elasticity of demand is `lnpricey = b0 + b1*lnquantx + b2*dealx + b3*featx`.

Own price elasticity of demand is the extent to which the price of a product affects its demand. It can be calculated by using the regression model: `lnquanty = b0 + b1*lnpricex + b2*dealx + b3*featx`.

The regression model shows that the natural log of the quantity sold (lnquanty) is dependent on the natural log of the price per liquid ounce (lnpricex) and the indicators of price promotion (dealx) and advertisement or in-store display (featx).

The regression model that can estimate own price elasticity of demand is `lnquanty = b0 + b1*lnpricex + b2*dealx + b3*featx`.

Cross-price elasticity of demand is the extent to which the price of one product affects the demand for another product. It can be calculated using the regression model: `lnpricey = b0 + b1*lnquantx + b2*dealx + b3*featx`.

The regression model shows that the natural log of the price per liquid ounce of brand Y (lnpricey) is dependent on the natural log of the quantity of brand X sold (lnquantx) and the indicators of price promotion (dealx) and advertisement or in-store display (featx).

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Related Questions

Which statements apply to a certificate of deposit (CD)? Check all that apply. It is always purchased as a short-term investment. It can be purchased from a banking institution. It is always purchased as a long-term investment. It can be purchased for almost any amount. It is purchased through an individual's employer.

Answers

The statements that apply to a certificate of deposit include;

It can be purchased from a banking institution. It can be purchased for almost any amount.

A certificate of deposit is a low-risk investment where the depositor fixes a sum of money in an account for a period of time after which he can collect the investment along with interest accrued. Banks and credit unions are the main financial institutions known for issuing certificates of deposits. It is quite similar to opening a bank account.

The flexibility obtainable from this investment plan allows depositors to fix amounts that are commensurate to their budgets. However, some financial institutions have minimum amounts that are required for certificates of deposit. Different institutions have varying interest rates, therefore, it is necessary to make proper research before opting for an institution.

Summarily, the statements that apply to a certificate of deposit are;

It can be purchased from a banking institution. It can be purchased for almost any amount.

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Answer:

              -It can be purchased from a banking institution.

              - It can be purchased for almost any amount.

Explanation: just took the test

Which of the following is most likely to be a reason for ineffective international business negotiations a)differences in cultural values and problem-solving techniques b) lack of socializing with the opposite party c)lack of nonverbal communication d) highly restrictive government legislations

Answers

The most likely reason for ineffective international business negotiations is A) differences in cultural values and problem-solving techniques.

When engaging in international business negotiations, cultural differences can significantly impact the effectiveness of communication and problem-solving. Different cultures have distinct values, norms, communication styles, and approaches to conflict resolution. These differences can lead to misunderstandings, misinterpretations, and a lack of trust between parties. Effective cross-cultural communication and understanding are essential for successful negotiations. By recognizing and adapting to cultural differences, negotiators can build rapport, establish common ground, and find mutually beneficial solutions. The other options listed (lack of socializing,

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What is demand comprised of

Answers

demand consists of all consumer goods, capital goods, exports, imports, and government spending programs. Hope this helped :)

A negotiator's reservation point has the most direct influence on their final outcome. A negotiator's reservation point is a quantification of the negotiator's:
a) BATNA
b) target point
c) bargaining zone (ZOPA)
d)opening offer

Answers

A negotiator's reservation point is a quantification of the negotiator's: BATNA.

The reservation point is a threshold above which a negotiator would accept the deal and below which the negotiator would not accept the deal. A reservation point is the minimum level of outcome that a negotiator would accept, regardless of the outcome that would otherwise be achieved. The reservation point can be influenced by a variety of factors, including the negotiator's BATNA (Best Alternative to a Negotiated Agreement), their perception of the other party's power and commitment, and their time constraints. A negotiator's reservation point has a significant impact on the negotiation process and the final outcome, as it provides a quantification of the negotiator's bottom line and helps to determine their strategy. If a negotiator's reservation point is too low, they may be forced to accept unfavorable terms, while if it is too high, they may miss out on a mutually beneficial deal.

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what statement best illustrates an example of economic specialist

Answers

The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone.
The statement that best illustrates an example of economic specialization is "A business focuses on producing screens for phones instead of manufacturing the entire phone."

Edwards and Everett, Inc. had the following items in its capital structure at December 31, 2020:
Common stock options, issued in 2019, exercisable for 22,000 shares, beginning in 2022, at a "strike" price of $20 per share. The cash that would be received from the option-holders from a hypothetical exercise of the options at December 31, 2020 would be sufficient for Edwards & Everett to acquire 13,400 shares of its own common stock (as treasury stock).
Treasury stock, common, 20,000 shares, acquired on November 30, 2019 …...
$
280,000
Additional paid-in-capital ....................................................................................
760,000
Common stock, $10 stated value, issued January 2, 2019
(current market value, $17 per share) ..................................................................
1,200,000
Preferred stock, 10%, $8 par value, convertible into 146,000 common
shares no earlier than 2020, issued at par value on July 1, 2020
(current market value, $8 per share) ....................................................................
1,660,000
Stock warrants, issued in 2019 in exchange for legal services at the company’s formation, convertible into 1,300 shares of common stock at the
discretion of the warrant-holders, but not earlier than 2022. A
hypothetical conversion of the warrants at December 31, 2020 would
require a $14,000 cash payment from the warrant-holders, which would
be sufficient for Edwards & Everett to acquire 300 shares of its own
common stock (as treasury stock)........................................................................
20,000
Edwards & Everett’s net income for 2020 was $783,000; the company’s Board of Directors has not yet declared a dividend for 2020 for the preferred shareholders.
What earnings per share did Edwards and Everett, Inc. report for the year ended December 31, 2020? Prepare a schedule to support your answer.

Answers

For the year ending December 31, 2020, Edwards and Everett, Inc. reported earnings per share of $6.04.

To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to first determine the weighted average number of common shares outstanding.

Common stock outstanding on January 2, 2019 (issued) = $1,200,000 / $10 = 120,000 shares
Common stock options exercisable = 22,000 shares
Treasury stock acquired on November 30, 2019 = (20,000) shares (negative because it is a reduction in outstanding shares)

Weighted average number of common shares outstanding = (120,000 + 22,000 - 20,000) / 2 = 61,000 shares

Next, we need to calculate the net income available to common shareholders. Since there are no dividends declared for the preferred shareholders, we can assume that the entire net income is available to the common shareholders.

Net income available to common shareholders = $783,000

Finally, we can calculate the earnings per share:

EPS = Net income available to common shareholders / Weighted average number of common shares outstanding
EPS = $783,000 / 61,000 shares
EPS = $12.84 per share

Therefore, Edwards and Everett, Inc. reported earnings per share of $12.84 for the year ended December 31, 2020.
To calculate the earnings per share (EPS) for Edwards and Everett, Inc. for the year ended December 31, 2020, we need to calculate.

1. Calculate the weighted average number of common shares outstanding.
2. Calculate the diluted shares due to stock options and warrants.
3. Calculate the net income available for common stockholders.
4. Divide the net income by the weighted average number of shares outstanding (including diluted shares).

1: Calculate the weighted average number of common shares outstanding.
Common stock: $1,200,000 / $10 (stated value) = 120,000 shares

2: Calculate the diluted shares due to stock options and warrants.
Stock options: 22,000 shares (exercise) - 13,400 shares (buyback) = 8,600 shares
Stock warrants: 1,300 shares (conversion) - 300 shares (buyback) = 1,000 shares
Total diluted shares: 8,600 (options) + 1,000 (warrants) = 9,600 shares

3: Calculate the net income available for common stockholders.
Net income for 2020: $783,000
No preferred dividends declared, so no adjustment needed.

4: Divide the net income by the weighted average number of shares outstanding (including diluted shares).
Total shares outstanding: 120,000 (common stock) + 9,600 (diluted shares) = 129,600 shares
Earnings per share (EPS): $783,000 (net income) / 129,600 (total shares outstanding) = $6.04 per share

Answer: Edwards and Everett, Inc. reported earnings per share of $6.04 for the year ended December 31, 2020.

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what is tqm? what must a project quality plan address? what does the cost of quality refer to? what is six sigma? compare and contrast quality control and quality assurance.

Answers

TQM stands for Total Quality Management, a management approach that seeks to optimize the quality of an organization's products and processes through a continuous improvement philosophy.

A project quality plan must address the processes, standards, and tools for ensuring the quality of the project deliverables. It should include defining quality standards, creating checklists, and outlining processes for inspection and testing.

The cost of quality refers to the financial costs incurred by an organization to prevent defects, produce high-quality products, and ensure customer satisfaction.

Six Sigma is a data-driven methodology for improving processes by reducing defects to a maximum of 3.4 defects per million opportunities.

Quality control is focused on detecting and correcting defects in products, while quality assurance is focused on ensuring processes are in place to prevent defects from occurring. Quality control is a reactive approach, while quality assurance is proactive.

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The government establishes the rules of the game for economic transactions in order to:
A. Legitimatize and enforce contracts.
B. Discourage the production of capital.
C. Discourage the ownership of property.
D. Encourage spillover costs.

Answers

A) The government establishes the rules of the game for economic transactions in order to legitimize and enforce contracts. This is answering choice A.

By setting up a legal framework for transactions, the government creates a stable and predictable environment that encourages businesses and individuals to engage in economic activity. Contracts are agreements between parties that are legally enforceable, and without a legal system that can enforce contracts, economic transactions would be far riskier and less efficient.

Additionally, the government may use regulations to protect the health and safety of consumers, to promote fair competition, and to prevent negative externalities such as pollution. Overall, the role of government in the economy is to provide a stable and predictable legal framework that encourages economic activity while protecting the public interest.

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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E

Answers

The reason why buying a car considered "bad debt"is that It decreases in value over time. option A

What is  bad debt?

The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books,  then things turn to uncollectible and is recorded as a charge-off.

It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases  interest charges increase how the amount that is been paid for the vehicle.  and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.

Hence, option A is correct.

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Identify each economic characteristic listed as either inflation or recession.
1. businesses expand
2. borrowing is easy
3. production cutbacks
4. consumers spend more
5. unemployment increases

Answers

There are numerous indicators of a recession or inflation inthe society.

Which of these are examples?

Business expand is example of inflation. Borrowing is simple is an example of a recession. Reductions in production are an example of a recession. Inflationary consumer spending increases . Unemployment rises as the recession deepens.

A recession is defined as a significant drop in economic activity that spreads across the economy and is typically visible in production, employment, and other indicators.

Inflation is defined as an increase in a country's overall price level of goods and services. Because when general price level rises, each currency note purchases fewer products and services; thus, inflation coincides to a loss in the purchasing power of money.

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Submit your project by choosing a situation in which to develop a safety plan. Be sure to include the following: a description of your facility; three potential hazards; actions that can be taken to minimize the potential hazards; action that should be taken if there is an accident or illness caused by each of the hazards; and a description of how you will communicate the hazards to your employees. 100pts

Answers

Answer:

   Hi, in this essay I will give you a description of my slaughterhouse and meat-packing company. Three potential hazards that you could face working on a sod farm. Directions that I will take to minimize these potential hazards. And actions that should be taken if there's an accident. And it's scription of how I will communicate this to my employees.     My facility has 20’ tall ceilings and a high rail system, and has 1000 square feet. Three potential hazards you could run into working at the store are, muscle injuries from lifting heavy boxes, accidentally cutting yourself while butchering, the floor can be slippery from animal fat and blood and you could slip. Actions that can be taken to less the amount of injuries in the workplace are holding boxes and heavy pieces of meat in a more comfortable way or getting a forklift to lift boxes. Teach proper knife safety to all of my employees who are in the butchering the department. Making sure to clean floor thoroughly to make sure there is no fat or animal Blood on the floor. What can be done to help any of these hazards if they do happen is to have 911 on speed dial have a first aid kit where it is easily accessible. Have workplace accident insurance. The way I will communicate to my employees the dangers is to have posters on the walls in the employee bathroom and wherever else the employees will be that display not to lift with your back, the proper way to cut with a knife to not hurt your hand, and to be careful when you I know there was blood and fat on the floor.     To review I have a 20 inch tall facility with high rail systems and it is 1000 square feet. Potential hazards you may run into in this industry are injuries from cutting yourself muscle injuries and the floor being Slippery from blood and animal fat. Actions that bacon that can be taken to lessen the news is to show people the proper way to hold boxes cut with knives and to be careful when they are walking. Waze that if any of these injuries do happen they can be stopped is have 911 on speed dial and have a first aid kit. The way I would communicate to my employees the dangerous I'm working in this industry would be to advertise it all over the employee areas.

Answer:

Working in a facility comes with numerous hazards. Potential hazards that you could face working in a slaughterhouse need to have solutions and safety plans. In order to ensure maximum safety to all employees, there must be clear communication and rules.

My facility includes many features that have potential hazards. From slippery floors to heavy material, there are many ways to get hurt. Three potential hazards you could run into working at the facility are, exposure to hazardous chemicals, open wounds, and slipping.

Actions that can be taken to lessen the amount of injuries in the workplace include being aware of your surroundings, paying attention to what you are doing at all times, and making sure the environment is clean. Slippery floors are to be mopped and marked with a sign. Chemicals are to be used correctly and carefully.

In order to ensure safety, my facility has working phones in every corner, protective gear, first aid kits, and most importantly insurance. It is crucial in a dangerous working environment to have insurance for your employees.

If an employee finds himself in a hazardous situation, the best thing to do is to stay calm and alert their supervisor. The supervisor will handle everything with care from there to make sure everyone else stays safe during this crisis.

Employees need to be aware of the address in order to tell 911 if it comes down to that. The employees are responsible for following the rules and wearing the correct gear. If they fail to do so, they will be given a warning. If failure to do so again, they will be reprimanded or put on leave.

My company puts the employees first. Safety is always important. Safety goggles, aprons, knife guards, phones, first aid kits, and fire extinguishers are always available for use.

PLEASE FILL THIS OUT I WILL GIVE BRAINLIST AND 100 POINTS FEDERAL INCOME TAX ONLINE ACTIVITY

FEDERAL INCOME TAX ONLINE ACTIVITY – During this lesson, you viewed many websites helpful for understanding and completing your income taxes. Now find another website with tax information and identify its features. Complete the following worksheet and submit it to your instructor.

Website address: ____________________________________________________________________
Name of site: _______________________________________________________________________
Author(s) or Publisher(s): _____________________________________________________________
How you found the site: ______________________________________________________________
___________________________________________________________________________________

Four useful features of the site:
A.__________________________________________________________________________________
B.__________________________________________________________________________________
C.__________________________________________________________________________________
D.__________________________________________________________________________________

Two things you learned about taxes from this site that you didn’t know before:
A.__________________________________________________________________________________
B.__________________________________________________________________________________

Do you think this is a trustworthy site? Why or why not?
____________________________________________________________________________________
____________________________________________________________________________________

Two suggestions for changes to this website that would make it better:
A.__________________________________________________________________________________
B.__________________________________________________________________________________

Answers

Website address: \https://www.firs.gov.ng/

Name of site: [insert name of site here]

Author(s) or Publisher(s): [insert author(s) or publisher(s) name(s) here]

How you found the site: [From an online survey]

Four useful features of the site:

A. Clear and organized layout

B. Relevant and up-to-date information

C. Interactive tools such as tax calculators

D. Resources and links to further information

Two things you learned about taxes from this site that you didn’t know before:

A. The difference between standard deductions and itemized deductions

B. The importance of keeping accurate records for tax purposes

Do you think this is a trustworthy site? Why or why not?

Yes it is trustworthy because of its several layers of security. ]

Two suggestions for changes to this website that would make it better:

A. Add more examples and real-life scenarios to help explain tax concepts

B. Offer more resources for tax preparation and filing, such as downloadable forms and worksheets.

What is a website?

A website is described as a collection of web pages and related content that is identified by a common domain name and published on at least one web server.

Websites are typically dedicated to a particular topic or purpose, such as news, education, commerce, entertainment or social networking.

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Maxine views her company as a grouping of departments that must work together and as a single entity that has customers, suppliers, and competitors. Maxine is utilizing: _____________


a. Total quality management.

b. A quantitative viewpoint.

c. Qualitative management.

d. A systems viewpoint

Answers

Maxine is utilizing a system's viewpoint when she views the company as a single entity.

What is System's viewpoint?

This is defined as an open social systems that must interact with their environments in order to survive.

Maxine viewing the company as grouping of departments that must work together and as a single entity  depicts system's viewpoint which was why option D was chosen as the most appropriate choice.

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What type of advertising is the slogan "Friends Don't Let Friends Drive Drunk"?
А.
product advertising
B.
corporate advertising
C.
retail advertising
D.
ublic service advertising

Answers

D. Public service announcement

don operates a taxi business, and this year one of his taxis was damaged in a traffic accident. the taxi was originally purchased for $30,500, and the adjusted basis was $1,950 at the time of the accident. the taxi was repaired at a cost of $2,525 and insurance reimbursed don $703 of this cost. what is the amount of don's casualty loss deduction? multiple choice $1,247 $2,525 $1,822 $1,950 don is not eligible for a casualty loss deduction

Answers

The amount of Don's casualty loss deduction is $1,822. Let's assume that the fair market value of the taxi after the accident was $1,247, which is the lowest value of the multiple-choice options given. Therefore, the decrease in the value of the taxi is $  \(703(1950-1247)\)

The second step is to reduce the amount of decrease in value by any insurance reimbursement received. Don received $703 of insurance reimbursement, so the decrease in the value of the taxi is reduced to $1,119 ($1,822 - $703).

Finally, the third step is to compare the decrease in the value of the property with the adjusted basis of the property. Since the decrease in the value of the taxi is less than its adjusted basis, Don's casualty loss deduction is $1,119.

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A "Pure Project" organizational structure means one in which: The team members often feel they have too many bosses. A self-contained team of different specialists work together full-time on a single project A project is housed within one functional division within company The X-bar and R-bar charts are always in complete contr

Answers

A "Pure Project" organizational structure means that a self-contained team of different specialists work together full-time on a single project.

In a Pure Project organizational structure, a dedicated team of specialists from various fields collaborate exclusively on a single project. This structure allows for increased focus, efficient decision-making, and effective resource allocation.

Team members often report to a single project manager, mitigating the risk of having too many bosses.

Unlike other structures, such as a functional division, a Pure Project is specifically designed for the successful completion of the project at hand. Note that the X-bar and R-bar charts are unrelated to this concept and should not be considered in this context.

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The walker corporation completed the following transactions for the month: (a) owners begin company by investing $60,000, (b) borrowed $12,000 from a bank, (c) purchased $9,000 of inventory, (d) sold all of the inventory to customers for $15,000, (e) paid $2,000 for advertising and (f) purchased $8,000 of equipment. based on these transactions, what is the total amount of assets the company has at the end of the month?

Answers

Based on the transaction analysis, the total amount of assets the company has at the end of the month is $76,000.

What is transaction analysis?

A transaction analysis helps to achieve the following book-keeping steps:

Identifying the accounts involved in each transaction.Establishing the nature of the two or more accounts involved.Determining which account increases and the one that decreases.Applying the rules of debit and credit.Recording the transactions in journal entries.

Transaction Analysis:

a) Cash $60,000 Common Stock $60,000

b) Cash $12,000 Bank Payable $12,000

c) Inventory $9,000 Cash $9,000

d) Cash $15,000 Sales Revenue $15,000

d) Cost of Goods Sold $9,000 Inventory $9,000

e) Advertising Expense $2,000 Cash $2,000

f) Equipment $8,000 Cash $8,000

Tabular Analysis:

           Assets                                     = Liabilities        +     Equity
      Cash     Inventory  Equipment = Bank Payable  + Common + Retained

                                                                                             Stock     Earnings

a)   $60,000                                                                    $60,000

b)      12,000                                           $12,000

c)      -9,000   $9,000

d)     15,000                                                                                       $15,000

d)                    -9,000                                                                          -9,000

e)    -2,000                                                                                          -2,000

f)     -8,000                     $8,000

Bal. $68,000  $0          $8,000           $12,000          $60,000   $4,000

Assets:

Cash $68,000 ($60,000 + $12,000 - $9,000 + $15,000 - $2,000 - $8,000)

Inventory = $0 ($9,000 - $9,000)

Equipment = $8,000

Total assets = $76,000

Thus, performing transaction analysis and tabular analysis help to minimize accounting errors.

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you are a japanese citizen and want to profit by using a forward contract since your expectations of the spot rate 30 days hence is d

Answers

Consequently, returns as a percentage of the initial investment are 11.11%.

90 yen/$ for 30 days in advance; 100 yen/$ for 30 days on the spot

Initial outlay: 900 yen

This yen is converted to dollars to calculate the return on investment.

Assuming a forward exchange rate of $1 = 90 yen

Consequently, $1 = 1/90 of a yen.

1yen = $0.011

In light of this, the forward exchange rate is $0.012/yen.

Once more, 1 dollar equals 100 yen at the moment's exchange rate, therefore 1 yen is equal to one hundred.

Since 1 yen is equal to 0.01, the current exchange rate is $0.01/yen.

The investment's current dollar worth is.

Initial Investment = 900 x 0.011 ($/yen) future exchange rate = $10.

Initial investment divided by the current currency rate ($/yen) equals 900 divided by $0.01, which equals $9.

Profit, then, is the difference between an investment's value at the current exchange rate and its value at a future exchange rate.

Profit: $10 minus $9.

Return on investment equals $1.

Currently converting it to JPY using the current exchange rate.

Given that, $1 is equal to 100 yen.

Gain = 100 yen

100 yen is the return on the initial investment of 900 yen.

Returns on investment are now calculated as (profit/investment) 100.

Return as a percentage is equal to (100/900) x 100, or 11.11%.

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This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of people chose rock or country as their favorite type of music?

Answers

Answer:

answer 45

Explanation:

Answer:

45%

Explanation:

This circle graph shows the results of a survey that asked people to identify their favorite type of

Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?

Answers

Answer:

it depends on the measures taken to ensure that economy is stable.

Answer:

1. it is difficult to say since contractionary periods have varying lengths in different business cycles.

2. shock

3. high unemployment

4. two

5. expansion stage of the business cycle

Explanation:

just took it

Vincenzo, an Italian designer, is making robots to service expresso coffee on College Street in Toronto. The robots will roll to your table and also drop off the biscotti. Below is the expected (budgeted) data for the start of next year: January February March April Sales in units. 50 60 70 85 Sales price per unit $60.00 $65.00 $55.00 $50.00 The desired ending inventory for finished goods (production) is 20% of next month's sales. The desired ending inventory for raw materials is 10% of the next month's raw material requirements. Raw material required for each unit of the product is 5 units. The cost of each unit of raw material is $10 per unit. Time required to assemble one (1) robot is 90 minutes. Assembly line workers are paid $15 per direct labour hour. Using the above information answer the following questions. Using the sales budget, calculate the budgeted sales for February. HINT: remember the entry rules! A/ Complete the production budget. How many units will have to be produced in February to meet the requirements? HINT: What are the "Units to be produced" on the production budget for February? A/ Prepare the Direct Materials Purchases Budget. What will be the cost of February's production? HINT: On the Direct Materials Purchases Budget, what will be the "Total direct materials cost"? A/ Prepare the Direct Labour Budget. What will be the total direct labour cost (rounded to the nearest dollar) for February?

Answers

1. Budgeted sales for February: 60 units. 2. Production budget for February: 64 units. 3. Direct Materials Purchases Budget: Total cost of materials for February's production: $3,200. 4. Direct Labour Budget: Total labour cost for February: $1,440.

1. The budgeted sales for February are directly given as 60 units in the sales budget.

2. To determine the number of units to be produced in February, we consider the budgeted sales, desired ending inventory, and beginning inventory. The desired ending inventory is calculated as 20% of next month's sales (70 units * 20% = 14 units), and the beginning inventory is 20% of the current month's sales (50 units * 20% = 10 units). By adding these values, we get the units to be produced as 64 units.

3. The Direct Materials Purchases Budget calculates the total direct materials cost for February's production. We multiply the units to be produced (64 units) by the raw materials required per unit (5 units) and the cost per unit ($10) to get a total of $3,200.

4. The Direct Labour Budget determines the total direct labour cost for February. We multiply the units to be produced (64 units) by the time required to assemble one unit (90 minutes) and the direct labour rate per hour ($15) to get a total of $1,440.

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xetci u popping up everywhere.

Answers

I KNOW RIGHT LIKE I KEEP SEEING THAT ACC EVERYWHERE

Do firms really calculate marginal cost and marginal revenue to find the profit-maximizing output? If you examine the accounting records of most small businesses, you will be hard pressed to find explicit calculations of marginal cost and marginal revenue. So, why do economists develop rather elaborate, formal models of profit maximization when no one seems to do what we say they do?

Answers

It is a true statement that firms calculate their marginal cost and marginal revenue to find the profit-maximizing output.

What is marginal cost?

A Marginal cost refers to the change in total cost when output is increased by one unit.

What is marginal revenue?

A Marginal revenue refers to the change in total revenue when output is increased by one unit.

In conclusion, generally, a total profit is maximized where marginal revenue equals marginal cost, thus, they need to be calculated to realize that.

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Bethany is doing a research project that involves several numbered lists and calculations. She wants to use technology to make the organization less tedious and more effective. What type of software program should she use? HURRY TIMED TEST

A. Word processor software
B. Presentation software
C. software
D. Spreadsheet software

Answers

Answer:

D

Explanation:

Bc u can put lists in there and u can do the math in there too

Bethany is doing a research project that involves several numbered lists and calculations. She shall used Spreadsheet software. Option D is correct.

What is spreadsheet software?

A spreadsheet is a piece of application software that can store, display, and edit data that has been organized into rows and columns. One of the most used tools for personal computers is the spreadsheet. In general, a spreadsheet is made to store numerical data and short text strings.

Furthermore the spread sheet consist of formula functions & mathematical expressions & operations, tabular representation & graphical data presentation can also be well performed with the use of this application software.

Therefore spreadsheet software are best resource for making list and long calculations.

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Why do you think brand advocates willingly promote companies via social media? Explain.

Answers

Answer:

As a form of celebrity and endorsement. The company will be viewed by the potential millions of people that follow those brand advocates. This allows the brand to reach a wider audience and raise profits. that is why brand advocates willingly promote companies via social media?

Explanation:

hope this helps. ; )

can you think of a strategy that communication companies use to reduce latency?

Answers

One strategy that communication companies use to reduce latency is the deployment of edge computing.

Edge computing involves placing data processing and storage closer to the end-user, at the edge of the network. By doing so, data can be processed more quickly and efficiently, reducing the amount of time it takes for information to travel between devices. This can help to significantly reduce latency, improving the overall user experience. Communication companies can deploy edge computing by building out new infrastructure or by partnering with existing data center providers to place their equipment in these facilities.

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Q Internal Cost Social Cost P 100 $40 $60 $80 200 $50 $70 $70 300 $60 $80 $60 400 $70 $90 $50 500 $80 $100 $40 600 $90 $110 $30 The market equilibrium occurs where price is ________ and quantity is ________.

Answers

Based on the table, we can infer that the equilibrium price for the market would be $60 and the equilibrium quantity would be 300 units.

Where does the market equilibrium occur?

The market equilibrium would be at the point where the internal cost is equal to the price.

This point as shown on the table, is when the internal cost is $60.

The quantity at this point is 300 units which makes it the equilibrium quantity with a price of $60.

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Anna and Bob have decided to buy an apartment. The cost of the apartment is
RM150,000. They can get a 25-year mortgage at 8% and plan to make a down
payment of 20% of the selling price. What will be their monthly mortgage payment?

Answers

Anna and Bob's monthly mortgage payment would be RM800.

To calculate Anna and Bob's monthly mortgage payment, we need to consider the loan amount, interest rate, and loan term. Let's break down the calculation step by step:

1. Calculate the down payment amount:

Down payment = 20% of the selling price

Down payment = 20% * RM150,000

Down payment = RM30,000

2. Calculate the loan amount:

Loan amount = Selling price - Down payment

Loan amount = RM150,000 - RM30,000

Loan amount = RM120,000

3. Calculate the monthly interest rate:

Monthly interest rate = Annual interest rate / 12 months

Monthly interest rate = 8% / 12

Monthly interest rate = 0.08 / 12

Monthly interest rate = 0.00667

4. Calculate the total number of monthly payments:

Total number of monthly payments = Loan term * 12 months

Total number of monthly payments = 25 years * 12 months

Total number of monthly payments = 300

5. Calculate the monthly mortgage payment using the loan amount, monthly interest rate, and total number of monthly payments:

Monthly mortgage payment = (Loan amount * Monthly interest rate) / (1 - (1 + Monthly interest rate)^(-Total number of monthly payments

Monthly mortgage payment = (RM120,000 * 0.00667) / (1 - (1 + 0.00667)^(-300))

Monthly mortgage payment = RM800

Therefore, Anna and Bob's monthly mortgage payment would be RM800.

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"need this question answer ASAP
total quality management
5. Discussion Question: a) If the Tylenol incident were to happen today and you were a user of Tylenol, would Johnson \& Johnson be able to win back your trust? (CLO 2; 2 mariks)

Answers

As a consultant, you would need to gather more specific information and tailor your recommendations to The Weight Club's unique circumstances and goals.

As a business and supply chain expert consulting with The Weight Club's administrators, your first task is to identify the key customers and overall value proposition.

To identify the key customers, you need to consider who would be interested in The Weight Club's offerings. In this case, The Weight Club started as a student organization, so the key customers would likely be students on campus who are interested in fitness and lifting weights. These students are the target market for The Weight Club's services and products.

Next, let's move on to identifying the overall value proposition. The value proposition refers to the unique benefits and advantages that The Weight Club offers to its customers. In this case, The Weight Club provides a platform for students to come together, discuss fitness goals, and lift weights in the campus gym. This creates a sense of community and support for students who are interested in fitness. Additionally, The Weight Club may offer specialized fitness programs, training sessions, or access to fitness equipment that is not readily available to individual students. These factors contribute to the overall value proposition of The Weight Club.

To summarize:

1. Key customers for The Weight Club are students on campus who are interested in fitness and lifting weights.
2. The overall value proposition of The Weight Club includes creating a community for students to discuss fitness goals and lift weights together, as well as potentially offering specialized fitness programs, training sessions, and access to equipment.

Remember, these are general guidelines based on the information provided. As a consultant, you would need to gather more specific information and tailor your recommendations to The Weight Club's unique circumstances and goals.

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Amir is working on making paper snowakes to decorate his room. He has timed himself and noticed that he takes 5 minutes to make each snowake. If he has an hour and a half before bedtime, how many snowakes will he be able to make?

Answers

18

Find how many minutes in an hour and a half and divide by 5.

Based on the time taken to make one snowflake, the number of snowflakes that Amir can make in an hour and half is 18 snowflakes.

How many snowflakes can Amir make?

First convert the hours to minutes:
= 1 hour 30 minutes

= 1 + 30/60

= 1.5 hours x 60 minutes in an hour

= 90 minutes

Each snowflake takes 5 minutes to make:

= 90 / 5

= 18 snowflakes

In conclusion, Amir will have made 18 snowflakes.

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