Solomon Corporation would experience a decrease in net income of $106,900 if it decides to make the speakers instead of purchasing them.
To determine the change in net income for Solomon Corporation if it decides to make the speakers, we need to compare the cost of purchasing the speakers versus the cost of making them.
Currently, Solomon purchases the speakers for $19 each. Since each radio uses one speaker and the company sells 80,500 radios annually, the total cost of purchasing the speakers is:
Cost of purchasing speakers = $19 × 80,500 = $1,529,500
If Solomon decides to make the speakers, the cost would be $17 for each speaker. The total cost of making the speakers would be:
Cost of making speakers = $17 × 80,500 = $1,369,500
In addition to the direct cost of materials and labor, there are also additional costs associated with manufacturing, such as supervisory salaries, rent, and other manufacturing costs. These costs amount to $169,000.
Therefore, the total cost of making the speakers, including the additional manufacturing costs, would be:
Total cost of making speakers = Cost of making speakers + Additional manufacturing costs
= $1,369,500 + $169,000
= $1,538,500
However, there are also allocated facility-level costs amounting to $97,900 that should be considered.
To determine the change in net income, we need to compare the total cost of purchasing the speakers ($1,529,500) with the total cost of making the speakers, including additional manufacturing costs and allocated facility-level costs ($1,538,500 + $97,900 = $1,636,400).
Change in net income = Cost of purchasing speakers - Total cost of making speakers (including additional costs and allocated facility-level costs)
= $1,529,500 - $1,636,400
= -$106,900
Therefore, Solomon Corporation would experience a decrease in net income of $106,900 if it decides to make the speakers instead of purchasing them.
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How are progressive taxes and regressive taxes similar?
• Both charge high-income individuals more.
• Both are considered flat taxes.
•
Both are determined based on income.
• Both are types of indirect taxes.
Progressive taxes and regressive taxes are similar because A. Both charge high-income individuals more.
How are progressive taxes similar?
Income taxes can be both progressive or proportional. Progressive taxes charge low tax rates on low-income earners and higher speeds on those with higher incomes, while individuals are assigned the same tax rate however of how much income they make.
What is progressive tax and regressive tax?A progressive tax is represented by a more than proportional rise in the tax disadvantage relative to the increase in income, and a regressive tax is characterized by a less than proportionate rise in the comparative burden.
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if you do not define any constructors the compiler with provide one that does nothing.
true/false
True. If you do not define any constructors, the compiler will provide one that does nothing.A constructor in programming is a special method used to create and initialize objects of that class type.
The constructor is called when an object of a class is created.The purpose of a constructor is to initialize an object's state with values as soon as it is created. When an object of a class is created, the constructor is called. The constructor in Java has the same name as the class, and it does not have a return type. However, the constructor can have parameters as well.
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PLEASE HELP
1. What is the name of the company? (1.0 points)
2. Is this mainly a product-based or service-based business? (1-2 sentences. 2.0 points)
3. What products or services is the company best known for? (2-3 sentences. 2.0 points)
3. Where does this company sell its products or services? (2-4 sentences. 2.5 points)
4. Describe at least two of this company's competitors. (2-4 sentences. 2.5 points)
5. How did the entrepreneur make the business different from other companies, especially its competitors? Describe at least one way. (2-4 sentences. 2.5 points)
6. What things has the entrepreneur or company done to help the community? Describe at least one example of this. (2-4 sentences. 2.5 points)
7. Why do you think this company became successful? Describe at least one reason. (2-4 sentences. 5.0 points)
8. What challenges has the company faced? Describe at least one challenge. (2-4 sentences. 5.0 points)
Based on the information given, the company that's chosen is Tesla and it's a product-based company.
What is Tesla?The company is known for producing electric cars. It's different from its competitors as it produces electric vehicles and uses better softwares.
The company sells its cars worldwide. The competitors include Volkswagen and Toyota. Tesla has helped the environment as it accelerates the transition to sustainable energy
Lastly, the main challenge faced by the company is rising material costs.
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Type the correct answer in the box. Spell all words correctly.
Which good customer service skill does Tony seem to possess?
Tony works as a customer service professional for a store that sells refrigerators. He met a customer who was furious with the store's service.
Apparently, the store had delivered the wrong refrigerator model to the customer's home address. Tony apologized on behalf of the store. He
told the customer that the store would quickly replace the product. He Interacted with the customer for a while and promised that the store
would never give the customer a chance to complain in the future. Tony's ________
helped him make the customer believe
In the store's service.
Answer:
professional manner and reassurance
the rate of change is how fast the data is changing.
True
False
Answer:
true
Explanation:
i got it right edg 2020
what is the law of demand and supply
Answer:The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the availability of a particular product and the desire (or demand) for that product has on its price.
Explanation:
Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
The Mars acquisition of the Wrigley assets was part of its related constrained diversification and added market share to the
Answer:
Mars Wrigley Integrated Firm
Explanation:
This acquisition provided the extended reach to the company, as with this merger of both the companies, there are certain assured benefits:
1) Increase in sales value by selling at a price higher than the prevailing price in the market, or
2) Decreasing the cost of product manufacturing as prevailing in the industry for that product.
This joint would automatically gain the major share in the market as with increase in profits and diversification in providing goods, expands the company in all respects.
Identify the term for unsold goods, raw materials, Or work-in-progress that a company has.
Answer:
Inventory
Explanation:
Inventory refers to
The finished products in the warehouse or store that is ready for sale. Raw materials used in the production of goodsGoods that in the production process, also known as work in progress.Inventory is held with the intention of selling. It is classified as current assets. Income realized from the sale of inventory is revenue to the business.
A study finds that at a price of $10, 100 t-shirts are sold. at a price of $5, 300 t-shirts are sold. how many t-shirts can you assume are sold at $7? why?
The number of t-shirts that one can assume are sold at a price of $7 will be 220
What is price?It should be noted that price is the sum of money that one party pays or receives in exchange for another's goods or services. The cost of production may go by another name in some circumstances. If a product is classified as a "good" in a business transaction, its price is most likely to be referred to as such.
In this case, it should be noted that the higher the price of a particular good, there'll be a reduction in the quantity that will be demanded.
Therefore, the most likely value will be $220. In conclusion, the correct option is A.
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A study finds that at a price of $10, 100 t-shirts are sold. At a price of $5, 300 t-shirts are sold. How many t-shirts can you assume are sold at $7?
A. 220
B. 200
C. 180
D. 160
If you have an offer that’s targeted towards your leads in your database and wouldn’t provide as much value to your customers, what could you segment by to send only to your leads? answered
Answer:
Lifecycle stage
Explanation:
Lifecycle stage is a term often used marketing, to describe a strategy or technique prohibiting actual and potential sales leads from declining through the cracks. It can also be utilized to document changing prices through different levels so activity within various levels can be effectively optimized.
Hence, in this situation, one could segment by LIFECYCLE STAGE to send only to leads.
Armenia had a favorable balance of trade in 2018 when it exported $800 million in goods and services and imported $1.5 billion.
Armenia's favorable balance of trade in 2018 means that it exported more goods and services than it imported, resulting in a surplus in the country's trade balance. With $800 million in goods and services exported and $1.5 billion imported, Armenia had a trade deficit of $700 million. This indicates that Armenia relies heavily on imports to meet its domestic demand, which can have both positive and negative impacts on the country's economy.
On the positive side, imports can provide access to goods and services that are not available domestically, which can stimulate economic growth and increase consumer choice. On the negative side, heavy reliance on imports can make a country vulnerable to external economic shocks and fluctuations in global commodity prices.
To maintain a favorable balance of trade, Armenia can explore ways to increase its exports and reduce its reliance on imports. This can involve diversifying its export markets, investing in industries with high export potential, and improving the competitiveness of its domestic businesses. By doing so, Armenia can enhance its economic resilience and support sustainable growth in the long term.
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Which one of the following best describes the role of a financial intermediary? O Financial intermediaries collect large surpluses from a few suppliers of capital and lend those funds in small amounts to numerous demanders of capital.O Financial intermediaries match suppliers of capital with demanders of capital so they can directly exchange funds.O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.O Demanders of capital normally need funds for a short period of time.
O Suppliers of capital are hesitant to individually accept the credit risk associated with lending to demanders of capital.
A cover letter accompanies_____?
A. a college application
B. the FAFSA
C. a letter of recommendation
D. a résumé
Answer:
B brainliest?
Explanation:
Hello pls I need help
Is from economic class
The article discusses President Biden's economic strategy and fiscal responsibility plan to decrease the US federal deficit by more than $1.3 trillion, which would be the largest one-year decline in US history. The plan is under discussion and not yet approved.
What are the responses to other questions?2. The fiscal policy action discussed in the article is aimed at reducing the budget deficit, which could promote price stability by reducing inflationary pressures in the long run. However, the short-term impact on economic growth and employment is uncertain, as reducing government spending and increasing taxes may decrease demand and slow down economic activity.
3. If approved, the fiscal policy action discussed in the article would contribute to the creation of a budget surplus, as the plan aims to reduce the deficit by more than $1.3 trillion. This would likely decrease the national debt in the long run, as the government would need to borrow less to finance its spending.
4. The fiscal policy action described in the article aims to reduce the budget deficit, which is a positive step towards fiscal responsibility and reducing the national debt in the long run.
However, this may come at the cost of short-term economic growth and employment, as reducing government spending and increasing taxes may decrease demand and slow down economic activity.
Moreover, there may be tradeoffs between different policy goals, such as promoting economic growth versus reducing the budget deficit, which policymakers need to balance.
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When the budgeted amount is a financial variable reported by the accounting system a variance A is the difference between an actual result and a budgeted amount B. may or may not be a standard amount c. may or may not be a benchmark amount D. All of these are correct.
When the budgeted amount is a financial variable reported by the accounting system, a variance A is the difference between an actual result and a budgeted amount B. D) All of these are correct.
A variance is the difference between the actual result and the budgeted amount, and it can be calculated for any financial variable that is reported by the accounting system. The budgeted amount can be a standard amount that is based on historical data or industry benchmarks, or it can be a custom amount that is specific to the organization or project.
Therefore, the variance may or may not be a standard or benchmark amount, depending on the nature of the budgeted amount. Overall, variances are important measures that can help organizations track their financial performance and make informed decisions about resource allocation and budgeting in the future.
Hence the correct answer is option D.
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how does increase in productivity result in decrease in cost of production?
please give me a simple answer
Answer:
Explanation:
say you buy a machine that cost 1 million dollars. The more products you produce with that machine, the cheaper the production cost is.
In practice, a common way to value a share of stock when a company pays dividends is to value the dividends over the next five years or so, then find the "terminal" stock price using a benchmark PE ratio. Suppose a company just paid a dividend of $1.33. The dividends are expected to grow at 18 percent over the next five years. The company has a payout ratio of 40 percent and a benchmark PE of 21. The required return is 12 percent.
a. What is the target stock price in five years? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
b. What is the stock price today? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The target stock price in five years is $178.46 and the stock price today is $89.13.The target stock price in five years is $178.46.b. Stock price today.
Dividend paid= $1.33 Expected growth rate= 18% Payout ratio= 40% Benchmark PE= 21 Required return= 12%a. Target stock price in five years.
To calculate the target stock price in five years, we can use the formula for the dividend discount model:
Step1: V0 = (D1 / r - g)(1 + g),whereV0 = current stock price D1 = next year's dividend r = required return g = expected growth rate. Using the given values, we can calculate D1:D1 = 1.33 × (1 + 0.18) = $1.5744
Step 2:we can calculate the expected dividend growth rate after five years: Dividend in year 6 = 1.5744 × (1 + 0.18) = $1.86239 Dividend in year 7 = 1.86239 × (1 + 0.18) = $2.20143 Dividend in year 8 = 2.20143 × (1 + 0.18) = $2.59695 Dividend in year 9 = 2.59695 × (1 + 0.18) = $3.05564
Step 3:Dividend in year 10 = 3.05564 × (1 + 0.18) = $3.58524. The terminal stock price can be calculated using the formula: P10 = D11 / (r - g)where D11 = dividend in year 11 r = required return g = expected growth rate.
Step 4: P10 = 3.58524 / (0.12 - 0.18) = -$59.75 (This is a negative value, which is not possible.) To find a positive terminal stock price, we can adjust the expected growth rate until we get a positive result. We can start by assuming a lower expected growth rate of 15%: P10 = 3.58524 / (0.12 - 0.15) = $178.46. The target stock price in five years is $178.46.b. Stock price today.
Step 5:To calculate the stock price today, we need to discount the target stock price by the required return over the next five years:V0 = P5 / (1 + r)^5whereP5 = target stock price in five years r = required return. Substituting the given values, we get:P5 = $178.46r = 0.12V0 = 178.46 / (1 + 0.12)^5 = $89.13. The stock price today is $89.13.
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Explain why workers must understand and comply with employment conditions
Answer:
If they did not do so, they would be left without a job,t hen left without a means of supporting themselves, and supposedly their family
Driving forces analysis Multiple Choice involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. identifies which strategic group is the most powerful. helps managers identify which industry member is likely to become (or remain) the industry leader and why. helps managers identify which key success factors are most likely to help their company gain a competitive advantage. helps managers identify which of the five competitive forces will be the strongest driver of industry change.
Answer:
involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces.
Explanation:
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
Driving forces analysis involves identifying the driving forces, assessing whether their impact will make the industry more or less attractive, and determining what strategy changes a company may need to make to prepare for the impact of the driving forces. This driving forces determines the competitive and comparative advantage of a company.
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
Consider the following payoff matrix facing two criminals. A: Confess A: Not Confess B: Confess A: 20yrs, B: 20yrs A: 50yrs, B: 2yrs B: Not Confess A: 2yrs, B: 50yrs A: 10yrs, B: 10yrs Their options are to confess or not to confess. Given this information:
Answer:
Both A and B have dominant strategies
Explanation:
Consider 2 players "A" and "B" in the specified game. Here, row player is "B" and column player is "A." If "B" chooses "Confess" then "Not Confess" is the optimal choice for "A," because 50 > 20, likewise if "B" chooses "Not Confess," then "Not Confess" is the optimal choice for "A," as 10 > 2. Therefore, we can see that the "Not Confess" is the dominant "A" strategy Similarly we can prove that the prevailing technique for "B" is "Not Confess" too.
Hence, we can see that both player 's approach is successful and from the above explanation, the 2nd option is correct.
Assignment problems can be classified as which type of linear programming problem?
I. Resource-allocation problems.
II. Cost-benefit-tradeoff problems.
III. Fixed-requirement problems.
Please select the correct answer:
A) I only
B) II only
C) III only
D) Both I and II
E) None of the answer choices is correct.
Assignment problems can be classified as a special type of linear programming problem called Resource-allocation problems. Option A
This is because assignment problems deal with assigning tasks or resources to different individuals or entities, much like how goods are transported from one location to another.
In an assignment problem, there are typically a set of tasks or resources and a set of individuals or entities that can perform those tasks or utilize those resources. The objective is to assign the tasks or resources in a way that minimizes or maximizes a certain metric, such as cost, time, or efficiency.
This can be modeled as a linear programming problem by defining decision variables that represent the assignments, and setting up constraints that ensure each task or resource is assigned exactly once and that each individual or entity is assigned at most once. The objective function can then be defined based on the metric being optimized.
Overall, assignment problems are a type of linear programming problem that falls under the broader category of transportation problems. By understanding this classification, we can apply appropriate modeling and optimization techniques to effectively solve these types of problems. So the correct answer is Option A.
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Leah wants to get a home loan from her bank. Which agency would regulate that loan to ensure it is fair? FDA- Food and Drug Administration SEC- U. S. Securities and Exchange Commission CFPB- Consumer Financial Protection Bureau FCC- Federal Communications Commission.
When a person wants to get a loan from a bank, the agency that ensures they are protected is the CFPB- Consumer Financial Protection Bureau .
The Consumer Financial Protection Bureau:
Was created to protect the public when they seek loans Enforces financial laws aimed at keeping the financial industry fairThe CFPB is therefore the agency that will look into Leah's loan to make sure that she is being treated fairly and is not being charged too much interest.
In conclusion, the agency is the Consumer Financial Protection Bureau.
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C. CFPB- Consumer Financial Protection Bureau
What expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern?
Expansionary fiscal tools can be used to promote employment and economic growth when price levels are not a concern including increasing government spending, decreasing taxes, or increasing government transfers.
What is the purpose of expansionary fiscal tools?The purpose of expansionary fiscal tools is to augment growth to a healthy economic level, which is significantly required during the contractionary phase of the business cycle.
In this phase, the government has the desire to decline the standard of unemployment, enhance consumer demand, and circumvent a recession. If a recession has already taken place, then it searches to end the downturn and prevent a recession.
According to the context of this question, each expansionary fiscal tool has its own terms and condition which is imposed on the basis of certain criteria. For this, enhancing the spending of the government, reducing the taxation rates, increasing the transfer made by the government, etc. are the major ones.
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chapter 13 victoria is the daytime supervisor for an automobile assembly line. she supervises 40 workers who perform specialized jobs that require moderate training. which of the following statements would indicate that victoria is following the path-goal model of leadership? group of answer choices victoria wants to develop a partnership with her team illustrated by reciprocal influence, mutual trust, respect and liking, and a sense of common fates. victoria has a certain idea about how she should behave as a leader and what she should do for her team of workers. victoria does not feel like taking responsibility for leading her team since their jobs require more than minimal training. victoria's leadership skills are most effective when applied to match the characteristics of the situation at hand. victoria likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.
Victoria is following the path-goal model of leadership if she likes to provide the guidance and support needed by employees and ties meaningful rewards to accomplishment of objectives.
This is one of the statements from the options that indicate Victoria is following the path-goal model of leadership.The path-goal theory of leadership is a model that suggests that leaders should provide the support and guidance their subordinates require to accomplish goals. Path-goal theory claims that a leader's leadership style is influenced by the subordinates' requirements and the environmental variables that affect their behavior.
The path-goal model of leadership is an extension of the expectancy theory of motivation, which suggests that employees' behavior is determined by the strength of their expectancy that increased effort will result in better performance and that better performance will result in the desired reward. Leaders can inspire their subordinates and help them reach their objectives by using the path-goal model of leadership.Victoria is a daytime supervisor for an automobile assembly line.
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Choose a business that manufactures a product and find out what new technology/ equipment has been installed in the Operations department over the last five years.
The fruit juice plant would be a good example of a business that manufactures a product and the new technologies that has been installed in the Operations department over the last five years includes:
3D printing attracts consumers. Use of tetra packing, for safer product.What is the operations department?It is the business line responsible for managing business practises in order to maximise efficiency within an organisation. This entails planning, organizing, and monitoring the organization's processes in order to balance revenues and costs and maximize operating profit.
It ensures that the manufacturing process runs smoothly from start to finish. The Operations Manager manages the supply chain process by overseeing inventory, manufacturing processes, distribution, and sales, as well as sourcing from suppliers and supplying required goods at reasonable prices.
Therefore, a fruit juice plant would be a good example of the business that manufactures a product.
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Define a debit note and a credit note. In what circumstances are they used?
Answer:
a debit note is seperate from an invoice and informs a buyer of current debt obligations. A debit note is also a document created by a buyer when returning goods received on credit. In the case of returned items, the note will show the credit amount, the inventory of the returned items, and the reason for the return.
a credit note is a commercial document issued by a seller and sent to the buyer when there is a reduction in the amount payable to the seller. by issusing a credit note the seller promises to pay back the reduced amount or adjust it in a subsequent transaction.
Explanation:
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
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If Ryan purchases a sandwich, he is using money as:
A. a medium of exchange
B. A unit of measure
C. A store of value
Answer:
a. a medium of exchange
Explanation:
i took the test
If Ryan purchases a sandwich, he is using money as a medium of exchange. Thus, the correct answer is option A.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socioeconomic context as payment for goods and services and repayment of debts, such as taxes. It is the medium in which prices and values are expressed.
The primary functions of money are- as a medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.
Ryan is purchasing the sandwich with the help of money. Money is exchanged for the sandwich, acting as a medium of exchange.
Therefore, Ryan is using money as a medium of exchange.
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If you are trying to establish a credit history, would you use credit to make a purchase even if you could pay cash? Why?
Answer:
By using credit, you're building up your overall score. Cash purchases go unnoticed by companies and your bank.
Explanation: