The university should charge for tickets to basketball games in order to help offset the expenses of the new arena. The cost to build the arena including labor, materials, etc. was $92 million. Additionally, the maintenance cost of the first year is $150,000, with the average annual utilities cost at $200,000 and labor costs at $300,000.
The average attendance at basketball games over the year is expected to be 100,000 people (or 100,000 tickets sold to events), and is expected to grow 1% over the life of the arena.
Assuming the arena has no other source of income besides regular ticket sales for basketballs games, the university must charge a price that allows it to recover its investment and 6% cost of borrowing over the expected life of the arena, which is 40 years. The price of the tickets must be such that the revenue from the sale of tickets is able to cover the costs of building, maintaining, and operating the arena, plus the cost of borrowing for the total length of the arena’s lifetime.
To calculate the exact amount that should be charged for each ticket, the total amount of revenue needed should be calculated first. This amount can be determined by multiplying the total cost to build the arena plus the total costs of maintenance, utilities, and labor over the lifetime of the arena (40 years) by the rate of interest (6%). This amount can then be divided by the total number of tickets sold over the lifetime of the arena to arrive at the cost per ticket.
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A company creates an identity for a product through its logo,
packaging and promotions. Customers like the product and
remember their good feelings every time they see something
about the product. They continue to buy the product and also tell
their friends about it, which increases sales. What is this an
example of?
Answer:
branding or brand mark would be my answer
Explain in detail any two ways that can be used to carry out the risk analyses and evaluation processes during an Environmental risk assessment (ERA). This question is associated with the evaluation of the risks associated with hazards that are identified in the workplace.
• There are more than 4 ways that these risks could be analyzed and evaluated during the ERA process so that appropriate management steps could designed.
• Explain any 2 ways through which you can evaluate the risks associated with hazards identified during the ERA process
• Use appropriate examples to explain your answers • Each method that you present and the explanation given are awarded
Environmental risk assessments (ERAs) are tools used to identify, assess, and prioritize the risks associated with an industrial site. The process involves the identification of hazards, their potential consequences, and their likelihood of occurrence.
Quantitative risk assessments involve the use of mathematical models to predict the likelihood and consequences of a hazard. They are best used when there is a large amount of data available and the hazards are complex. Examples of quantitative risk assessment tools include the Monte Carlo simulation and the event tree analysis.
A quantitative risk assessment, on the other hand, may use a mathematical model to predict the likelihood of the release occurring and the consequences in terms of human health and environmental damage.
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Because an insurance policy is a legal contract, it must conform to the state laws governing contracts which require all of the following elements EXCEPT?
All of the following, with the exception of conditions, are required.
Describe insurance.One party will agree to compensate another in the event of a certain loss, damage, or injury in exchange for a fee in order to safeguard oneself from financial loss. It is a risk management technique that is typically used to guard against the danger of a hypothetical loss that may or may not materialise.
An underwriter, insurer, firm, or carrier is a company that provides insurance. A person or organisation that obtains insurance is known as a policyholder, whereas a person or organisation that the policy protects is known as an insured.
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the selection of an accounting method is important because it can (select all that apply.) multiple select question. complicate comparisons. reduce comparability. influence financial ratios. not be changed once selected.
The selection of an accounting method is crucial due to its potential impacts on financial analysis and reporting. It can complicate comparisons, reduce comparability, and influence financial ratios. Moreover, once chosen, the accounting method is typically not changed.
The choice of an accounting method holds significance because it can complicate comparisons between different companies or periods. If companies adopt different accounting methods for similar transactions, it becomes challenging to evaluate their financial performance accurately. Inconsistencies in accounting methods may lead to distorted financial statements, making it difficult for stakeholders to compare and analyze the financial data effectively.
Furthermore, the selection of an accounting method can reduce comparability across organizations. When different companies within the same industry employ diverse accounting methods, it becomes problematic to assess their financial results and make meaningful comparisons. Consistency in accounting methods facilitates better understanding and comparison of financial information, promoting transparency and informed decision-making.
In addition, the chosen accounting method can influence financial ratios, which are crucial indicators of a company's financial health and performance. Different accounting methods can yield varying results for key financial ratios, such as profitability, liquidity, and leverage. This can create challenges when comparing a company's performance against industry benchmarks or analyzing trends over time. It underscores the importance of selecting appropriate accounting methods that align with industry standards and provide reliable and consistent financial ratios for accurate analysis.
Lastly, it's worth noting that once an accounting method is selected, it is generally not changed frequently. Consistency and stability in accounting practices are essential for maintaining the integrity and reliability of financial reporting. Frequent changes in accounting methods can lead to confusion, loss of historical comparability, and even raise concerns about the credibility of financial statements. Therefore, careful consideration and evaluation of accounting methods are vital as they have long-term implications for financial reporting and analysis.
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In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
A) a decrease in supply
B )a fall in price
C) an increase in demand
D) a rise in price
Answer:
D) a rise in price
Explanation:
At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.
A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time. As per the law of demand, high product price causes demand to decrease while low price results in increased demand.
A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price. As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.
Notwithstanding, the US’s inflation rate has increased steadily since its economy re-opened post COVID-19 pandemic. However, according to the former Labor Secretary and professor of public policy at the University of California at Berkeley, Prof Robert Reich, "there’s a deeper structural reason for inflation, one that appears to be growing worse: the economic concentration of the American economy in the hands of a relative few corporate giants with the power to raise prices." Do you agree with Prof Reich’s point? Why? Or why not?
Prof Reich believes that there is a deeper structural reason for inflation, one that seems to be getting worse: the economic concentration of the American economy in the hands of a relative few corporate giants with the power to raise prices.
There are other factors that contribute to inflation, such as supply and demand imbalances, the cost of raw materials, the cost of transportation, and other costs that increase when businesses begin to grow, including wages. To some extent, Reich's point is true. Inflation is increasing due to the oligopoly of businesses in the hands of a few dominant players, particularly in the technology and retail sectors.
These corporate giants have an enormous influence on the economy, as they are capable of setting prices and dictating the overall supply of products on the market to their benefit, which can result in price increases.
However, while concentration in the hands of a few corporations may result in increased pricing power, there is no proof that the concentration of the American economy in the hands of a few corporate giants is the only reason for the rise in inflation, as there are other factors, including supply chain disruptions, changing consumer behavior, pandemic-led cost-push inflation, and global demand for commodities, that may contribute to this issue.
As a result, while the concentration of the American economy in the hands of a few corporate giants may contribute to the rising inflation rate, it is not the only reason. The inflation rate may be affected by a variety of factors, including the pandemic and supply chain disruptions.
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what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation:
This table can be used to organize Gigi’s credit card balances and payments over 6 months. The annual percentage rate on the credit card is 14%. Gigi’s Credit Card Payments Month Balance Payment Interest Rate Interest Charged 1 $650 $300 0.01167 $4.08 2 $354.08 $50 0.01167 3 $307.63 $50 0.01167 4 $260.64 $50 0.01167 5 $213.10 $50 0.01167 6 $165 $50 0.01167 What is the amount of interest charged for the first 6 months? $
Answer:
-16.34
Explanation:
Disclaimer: I am not sure, sorry. It might be -16.34, 16.34, or 15.75. Once again, sorry.Answer:
$16.34
Explanation:
HAVE A GOOD DAY!!!!
ENGLISH
Read the passage given below
The choices we make on a daily basis-wearing a seatbelt, lifting heavy objects correctly or purposely staying out of any dangerous situation can either ensure our safety or bring about potentially harmful
circumstances. You and I need to make a decision that we are going to get our lives in order Exercising self-control, self-discipline and establishing boundaries and borders in our lives are some
of the most important things we can do. A life without discipline is one that's filled with carelessness.
We can think it's kind of exciting to live life on the edge. We like the image of "Yeah! That's me! Living on the edge! Woo-hoo!" It's become a popular way to look at life. But if you see, even highways have lines, which provide margins for our safety while we're driving. If we go over one side, we'll go into the ditch. If we cross over the line in the middle, we could get killed. And we like those lines because they help to keep us safe. Sometimes we don't even realize how lines help to keep us safe.
I'm not proud of this, but for the first 20 years of my life at work, I ignored my limits. I felt horrible, physically, most of the time. I used to tell myself "I know I have limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by with it." I ran to doctors, trying to make myself feel better through pills, vitamins, natural stuff and anything I could get my hands on. Some of the doctors would tell me, "It's just stress." That just made me mad. I thought stress meant you don't like what you do or can't handle life, and I love what I do. But I kept pushing myself, travelling, doing speaking engagements and so on-simply exhausting myself. Finally, I understood I was living an unsustainable life and needed to make some changes in my outlook and lifestyle. You and I don't have to be like everyone else or keep up with anyone else.
Each of us needs to be exactly the way we are, and we don't have to apologize for it. We're not all alike and we need to find a comfort zone in which we can enjoy our lives instead of making ourselves sick with an overload of stress and pressure.
i. The reason why living on the edge has become popular, is because of the
a) constant need for something different.
b) population being much younger.
c) exhausting effort to make changes.
d) strong tendency to stay within our limits
ii. Choose the option that best captures the central idea of the passage from the given quotes.
a) It is all about quality of life and finding a happy balance between work and friends.
b) to go beyond is as wrong as to fall short
c) life is like riding a bicycle. To keep your balance you must keep moving.
d) balance is not something you find, it is something you create.
iii. Which of the characteristics are apt about the writer in the following context: "I know I have
limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by
with it."?
1) negligent 2) indecisive
3) spontaneous
4) reckless 5) purposeless 6) patient
a) 2 and 5
c) 1 and 4
b) 3 and 6
d) 2 and 3
iv. Which of the following will be the most appropriate title for the passage?
a) Much too soon
b) Enough is enough
c) How much is too much? d) Have enough to do?
v. The phrase "potentially harmful circumstances” refers to circumstances that can
a) certainly be dangerous. b) be fairly dangerous.
c) be possibly dangerous. d) seldom be dangerous
vi. Select the option that makes the correct use of “unsustainable", as used in the passage, to fill in
the blank space.
a) In the long run, the_______officials followed emergency procedures.
b) Emergency procedures were _______ by the officials.
c) Officials reported a set of _______ events during the emergency.
d) Officials admit that the emergency system is __________ in the longer run.
vii. The author attempts to the readers through this write-up.
a) rebuke
b) question c) offer aid to d) offer advice to
viii. The author uses colloquial words such as "yeah" and "Woohoo!". Which of the following is
NOT a colloquial word?
a) hooked
b) guy
c) stuff
d) stress
ix. What does the author mean when he says, "to get our lives in order"?
a) To resume our lives.
b) To organize our lives.
c) To rebuild our lives.
d) To control our lives.
x. Choose the option that correctly states the two meanings of 'outlook', as used in
the passage.
a) A person's evaluation of life
b) A person's experiences in life
c) A person's point of view towards life d) A person's regrets in life
e) A person's general attitude to life
xi. The author explains the importance of discipline and boundaries in our lives
using the example of
a) road accidents.
b) traffic rules.
c) lines on the highway.
d) safe driving.
xii. What is the message conveyed in the last paragraph of the passage?
a) Love what you do.
b) Love yourself to love others.
c) Be the best version of yourself. d) Be yourself.
Answer:
mother trucker u suppose to put one answer
Answer:
if ur gonna put 90234982304 questions and a passage maybe give more than 5pts lol
Explanation:
How's everyone's day? explain please
Answer:
You're asking how the people in a particular place or environment you are in on how their life was that day whether it was fun exciting sad or gloomy etc.
Answer:
I'm doing fin-e, just s-ad because I ca-n't get the New Toon Meo-wscles sk-in from fort-nite because my P-s4 br-oke and Now I ca-n't get the bundle which is at a good price. I wish I could get it.
Explanation:
Question 15 of 20
A business that wants to increase productivity for its main product needs to:
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products...
Why is it called a company?
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products... Etymology. The Old French word compagnie, which first appeared in the Salic law (c. 1150) and meant "society, companionship, intimacy; body of troops," is where the English word "company" derives from. Companio originally derived from Late Latin and meant "one who eats bread with you." types of businesses Any business created in accordance with the 2013 Companies Act is referred to as a "company."
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What type of business sells to the end consumer
Answer:
business-to- consumer (B2C)
Explanation:
Commerce is a business model which typically involves the buying and selling of goods or products at a given price.
Generally, commerce comprises of four (4) business models and these are;
1. Business to Business (B2B).
2. Consumer to Consumer (C2C).
3. Business to Government (B2G).
4. Business to Consumer (B2C).
A Business to Consumer (B2C) can be defined as a market which typically involves businesses selling their goods and services directly to the end consumers for their personal use.
Hence, the type of business that sells to the end consumer is known as business-to- consumer (B2C).
Some examples of companies that engage in the Business to Consumer (B2C) business model are; Amazon, Goo-gle, Walmart, Alibaba, Uber, LinkedIn, etc.
A company is designing a product layout for a new product. It plans to use this production line eight hours a day in order to meet projected demand of 480 units per day. The tasks necessary to produce this product are: Task Time(secs) ImmediatePredecessoru 30 nonev 30 uw 6 ux 12 wy 54 xz 30 v,y If the company wants the output rate to be equal to demand, which task should be assigned to the second station if tasks are assigned in order of most following tasks with longest task time as a tiebreaker.
A: v
B: u
C: y
D: w
E: x
The longest task time as a tiebreaker If the company wants the output rate to be equal to demand, will be y i.e, 54
Option C is correct .
Product layout :Product layout refers to a production system in which workstations and equipment are arranged along a production line, like an assembly line. A work unit is typically moved by a conveyor along a line (not necessarily a geometric line, but a series of interconnected work stations). Examples of product layouts are mainly manufacturing units and continuous processes. Certain industries such as sugar, paper and cement are the best examples. The automotive industry and electronic devices such as printers and refrigerators also used these product layouts in their manufacturing.
Evaluating task time :Divide the demand rate by the number of hours per day. This means you need 1 unit per minute.
Minimum possible cycle time = length of the longest task
=54 sec
y = 54 sec
The longest task time y= 54 sec.
Why Product Layout Matters ?A product layout can generate a large number of products in a short time. cost. The unit price is low because the volume is large. Job specialization reduces training time and costs.
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Suppose your employer offers you a choice between a $5000 bonus and 100 shares of the company stock. Whichever one you choose will be awarded today. The stock is currently trading for $63 per share.a. Suppose that if you receive the stock bonus, you are free to trade it. Which form of the bonus should you choose? What is its value?
If you choose the $5000 bonus, its value will be $5000.
However, if you choose the 100 shares of the company stock, its value will be $63 x 100 = $6300. Since the value of the stock bonus is higher than the value of the cash bonus, you should choose the stock bonus.
If you are free to trade the stock bonus, you can sell the 100 shares at the current trading price of $63 per share and receive $6300 in cash. Therefore, the value of the stock bonus is $6300.
In conclusion, you should choose the stock bonus because its value is higher than the value of the cash bonus. The value of the stock bonus is $6300.
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Brainliest please answer ANY ANSWERS WITH NO ANSWER WILL BE REPORTED
Let’s catch up with our law enforcement officer Detective Claire, who is investigating a series of jewelry thefts all over New York City. Claire has a suspect in mind but must find proof before she can charge the suspect in the crimes. As part of her investigation, Claire will need to interview a variety of experts, including some from the Government and Public Administration and the Human Services career clusters. Let’s work along with Claire to gather and assess data (or clues) about the crimes and see if they connect with her suspect.
Claire was first assigned to this case after an upscale jeweler opened his shop one morning to find several display cases empty. Distraught, he phoned police. After Claire arrived, she ordered techs to look for fingerprints and video surveillance footage. She had the owner list the stolen items so that if the thief tried to sell them nearby, police would be on the lookout.
Here is the list of stolen items the owner made, along with the value of items stolen:
TABLE 1 Stolen Item List
Stolen Item Price per item Qty Total Value
5-carat diamond necklace
$32,995
1
Emerald and diamond tennis bracelet
$19,999
3
3-carat diamond engagement ring
$25,560
5
Mother of pearl necklace
$69,000
2
Men’s gold watch
$25,850
4
Unfortunately, the smart thief wore gloves, so no fingerprints were recovered from the scene. They also wore a black balaclava to cover their face, so Claire had almost no data about the thief’s appearance to work with.
Math Problem #1
Copy the table above to your math paper and calculate the total value of items lost in the first jewelry heist.
Over the following year, there were six more heists throughout the city, with total goods stolen valued at $3.75 million. Each time, the thief left no fingerprints and always wore a mask to hide their identity. The last heist did uncover one valuable clue though. As the suspect was filmed loading the jewelry into a black duffel bag, Claire caught a glimpse of a label. When she had the tech team focus in on the bag’s label, Claire found that it was the bag from an expensive French designer.
This clue led Claire to believe that the suspect must be someone who traveled internationally, particularly to France. She reached out to James, a contact in the Foreign Service sector, who was able to verify that French and British authorities had been investigating similar crimes in their countries. James was able to forward their police reports, including this list of the value of items stolen:
Roman Manufacturing's July production involved actual direct labor costs of $39,963 for 3.300 direct labor hours. The budget for
the July level of production called for 3,400 direct labor hours at $12.10 per hour, using a standard cost system.
Roman's labor rate variance for July is:
Roman Manufacturing's labor rate variance for July can be calculated by comparing the actual labor rate paid with the standard labor rate per hour. The difference between the two rates indicates the labor rate variance.
To calculate the labor rate variance, we need to compare the actual labor rate paid with the standard labor rate per hour. Given that the actual direct labor costs for July were $39,963 and the actual direct labor hours were 3,300, we can calculate the actual labor rate as follows:
Actual Labor Rate = Actual Direct Labor Costs / Actual Direct Labor Hours
= $39,963 / 3,300
= $12.10 per hour
The standard labor rate per hour, as specified in the budget, is $12.10 per hour.
To calculate the labor rate variance, we subtract the standard labor rate per hour from the actual labor rate and multiply it by the actual direct labor hours:
Labor Rate Variance = (Actual Labor Rate - Standard Labor Rate) * Actual Direct Labor Hours
= ($12.10 - $12.10) * 3,300
= $0
Therefore, the labor rate variance for July is $0. This indicates that the actual labor rate paid by Roman Manufacturing was in line with the standard labor rate specified in the budget.
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in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
I think multinational corporations in like these are bad. Because even people on diets or trying to diet, and people buy it for them not knowing its hard for them to say no.
Explanation:
I need someone to help me
What's the problem? I'd be happy to help you if you would be willing to specify what you need help with.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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1. What competitive advantages do these motivated veteran accountants bring to their new employers? Cite several examples.2. List three specific outcomes received by organizational members who have moved to these smaller accounting firms from senior positions in larger organizations.
1. The motivated veteran accountants bring several competitive advantages to their new employers. Some of these advantages include Extensive experience,Strong work ethic, Leadership skills, Industry connection.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including Greater autonomy,Closer relationships with colleagues,diverse responsibilities.
1. Extensive experience: These accountants have worked in the field for many years and have accumulated a wealth of knowledge and expertise that they can apply to their new roles.
- Strong work ethic: As veterans, these accountants are likely to be highly motivated and dedicated to their work, which can translate into increased productivity and better results for their new employers.
- Leadership skills: Many of these accountants held senior positions in larger organizations, which means they have developed strong leadership skills that they can use to guide and mentor their new colleagues.
- Industry connections: These accountants have likely developed a wide network of contacts and connections within the accounting industry, which can be valuable to their new employers in terms of business development and networking opportunities.
2. The organizational members who have moved to these smaller accounting firms from senior positions in larger organizations have received several specific outcomes, including:
- Greater autonomy: In smaller firms, these individuals may have more freedom and flexibility to make decisions and implement their own ideas, which can be both professionally and personally rewarding.
- Closer relationships with colleagues: Smaller firms often have a more close-knit and collaborative work environment, which can lead to stronger relationships with colleagues and a greater sense of camaraderie.
- More diverse responsibilities: In smaller firms, these individuals may be required to take on a wider range of responsibilities, which can provide them with new challenges and opportunities for professional growth.
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A is made up of or more and a section, is commanded by a ,
To be part of the supply for a good, a producer must be?
Answer:
produce good and healthy food.
no harmful chemical should be added.
using organic materials.
serious about other help.
2. What are the problems can someone have without personal finance knowledge?
Product planners need to think about products and services on three levels:
- each level adds more customer value
- CORE CUSTOMER VALUE
- ACTUAL PRODUCT
- AUGMENTED PRODUCT
Correct option is CORE CUSTOMER VALUE. It is the most basic level that addresses the question.
1. Core Benefit
The essential need that the customer is able to satisfy when they purchase the goods is the core benefit.
It's crucial to consider the main benefit from the customers' point of view. Asking yourself, "Fundamentally, why is the client buying this product?" is the simplest method to accomplish this.
2. Actual Product
The features and design of the product are what make it what it is. Products generally have a ton of features but few core benefits (benefits that the client actually receives).
3. Augmented Product
Any non-physical components of the product are the augmented product. The augmented product typically comes with things like a warranty and customer service. The augmented product can be a crucial tool for customizing your offering to satisfy particular customers' needs.
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Complete question -
Product planners need to think about products and services on three levels. Each level adds more customer value. Which one of the following is the most basic level that addresses the question, “What is the buyer really buying?”
A. Actual product
B. Augmented product
C. CORE CUSTOMER VALUE
D. Co-branding
Ahmad has some saving where do you suggest him to keep and why
Answer:
It depends on how much money Ahmad has saved.
Explanation:
If he has a small amount of money, the best he can do is to put his savings on a safe investment, like treasury bonds, an ETF, or a safe and low risk bond of a trustworthy company.
If Ahmad has a larger amount of money, he can put his savings in riskier assets like stock, which could give him a higher return. He could also create a more diverse investment portfolio, with some of his savings going to safer, lower yield investment instruments, and the rest going to riskier, higher yield investment instruments.
Your school paid $1,000 for a five year subscription to an online video service. How much should be expensed via worksheet adjustments each month
The school should expense $16.67 via worksheet adjustments each month for the online video service subscription.
To calculate how much should be expensed via worksheet adjustments each month for a five year subscription to an online video service, you need to use the concept of prepaid expenses.Prepaid expenses are expenses that are paid in advance and gradually used up over time.
In this case, the school paid $1,000 for a five year subscription, which means that they have prepaid for the service and need to gradually recognize the expense over the five year period. To calculate the monthly expense, you can divide the total prepaid amount by the number of months in the five year period. There are 12 months in a year, so the total number of months in five years is 60.
Therefore, the monthly expense can be calculated as follows: $1,000 ÷ 60 = $16.67 per month.So, the school should expense $16.67 via worksheet adjustments each month for the online video service subscription. This adjustment will reduce the prepaid expenses account on the balance sheet and recognize the expense on the income statement, which is necessary for accurate financial reporting.
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Assume the following information concerning a two-stock portfolio:
Stock X Stock Y
Percent of Portfolio 33% Please calculate it first
Average annual return 14.85% 5.63%
Standard deviation of returns 4.7% 11.6%
Covariance of returns 35
Calculate the standard deviation of the portfolio using Markowitz formula.
Round the answers to two decimal places. (Write the percentage sign in the "units" box).
The standard deviation of the portfolio is 9.81%.
To calculate the standard deviation of the portfolio, we can use the Markowitz formula:
σp = sqrt(w1^2σ1^2 + w2^2σ2^2 + 2w1w2*covariance)
where:
w1 and w2 are the weights of Stock X and Stock Y in the portfolio respectively.
σ1 and σ2 are the standard deviations of Stock X and Stock Y respectively.
covariance is the covariance between the returns of Stock X and Stock Y.
Using the given information, we have:
w1 = 33% = 0.33
w2 = 67% = 0.67 (since the sum of weights must equal 100%)
σ1 = 4.7%
σ2 = 11.6%
covariance = 35
Substituting these values into the formula, we get:
σp = sqrt((0.33^2)(0.047^2) + (0.67^2)(0.116^2) + 2*(0.33)*(0.67)*35)
σp = 9.81%
Therefore, the standard deviation of the portfolio is 9.81%.
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Portside Watercraft uses a job order costing system. During the month Portside purchased $173,000 of raw materials on credit; issued materials to production of $164,000, of which $24,000 were indirect. Portside incurred a factory payroll cost of $95,000, of which $25,000 was indirect labor. Portside uses a predetermined overhead rate of 170% of direct labor cost. The journal entry to record the issue of indirect materials to production is: Multiple Choice Debit Work in Process Inventory $24,000; credit Factory Overhead $24,000. Debit Factory Overhead $24,000; credit Raw Materials Inventory $24,000. Debit Raw Materials Inventory $24,000; credit Work in Process Inventory $24,000. Debit Factory Overhead $24,000; credit Work in Process Inventory $24,000. Debit Raw Materials Inventory $24,000; credit Accounts Payable $24,000.
The journal entry to record the issue of indirect materials to production is: Debit Factory Overhead $24,000; credit Raw Materials Inventory $24,000.
This entry reflects the transfer of indirect materials from the raw materials inventory to the work in process inventory. The debit to factory overhead increases the amount of overhead allocated to the production process, while the credit to raw materials inventory reduces the amount of raw materials available for production.
This entry is necessary to accurately track the costs associated with the production of specific jobs in Portside Watercraft's job order costing system.
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you are currently puruing your bachelor of commerce at deakin. at the same time you complete a work intergrated learning unit with a medium sized accounting pratice. the firm has been so impressed with your work that they offered you a position in the finance department. the firm is known for its famous client many of are celbrities and their repective families and friends, as a young employee you wnt through a diffficult slection crieterion to successfullly fill a very sought after an compeetitive position as junior adviser analyst, your supervisor junet kany is also proud of you as an ececutive and top senir or adviser at the firm junet takes time to personalty mentor and train new rcruits to make sure they become familiar and comfortable with their role and with the firm cultur. junet inites you rgularly to his home for dinner and you also regularly help him out as family friend.During one of the visits,you meet a person by the name Ngocm a few months into your job you learn that the psoiton of internal audittor was filled by none other than Ngoc herself.This is surprising to you at first, but as the weeks go bu it doesnt seem unusual to youm especially given the professionalism shown by both junet and in the workplace,Both junet and ngoc are able to separate their personal life from their professional ngaggement due to a family disruption you recently approched junet for personal loan $20000 Junet was quick to help you saying " you never know when you need a friend" while the firm has achieved success in some areas there were some ongoing issues that have appeared to have gotten worse since the time you joined, the firm was subject to a join investigation by two top media outlets, which uncovered a story that the firm had several elderly clients who had since faced financial difficulty due to being recommended risker investment porudct by the firm, you also kow that the firm has several clients invested n self managed supernnuation fund, the firm charge an average $5000 for an accounting work on each fund, Each SMSF has to be audited by an independent auditor.the auditor used by the firm usually takes your team out for lunch ofter as an" thanks ' for uptting wor ktheir way through Ngoc, The auditor joked that lunch was within his informal arrangement to give back 5%of the fees that came his way from the firm,=, one afternoon junet asked you to urgently assist a client to start a superannuation account with an industry super fund, After some analysis, you notice that client has $180000 in this account, You realise that the client was short of the $250000 which the firm considered the apppropriate minimum to make an SMSF cost effective. A meeting with the client has been scheduled for the next day, As you go through the files you discover that his new client is your former favorite mathematics teacher. You know that the teacher is disabled ater being invlved in terrible car accident somtime back. You are face dilemma with a rage of issues, You feel you need to make use of all your training and education in ehtic to reach and justify a responsible and ethical decesion, what do you do?
Consult with your supervisor and higher authorities to address the conflict of interest and make an ethical decision regarding the client's superannuation account.
In this situation, it is important to prioritize ethical decision-making and act in the best interest of all parties involved. Here are some steps to consider.
1. Assess the situation: Take time to understand the ethical dilemmas present and the potential consequences of different actions. Identify the conflicting interests and values involved.
2. Consult company policies and guidelines: Review the firm's policies and guidelines regarding conflicts of interest, client relationships, and ethical conduct. This can provide a framework for decision-making and help ensure compliance with professional standards.
3. Seek guidance and advice: Discuss the situation with trusted colleagues, mentors, or superiors who have experience in ethical decision-making. Their perspectives can provide valuable insights and help you consider different angles.
4. Evaluate potential options: Consider different courses of action that align with ethical principles and professional standards. Evaluate the potential impacts on all stakeholders involved, including the firm, the client, and your personal relationship with the client.
5. Maintain professional boundaries: It is crucial to maintain professionalism and separate personal relationships from professional responsibilities. Ensure that personal connections or favors do not compromise your objectivity or professional judgment.
6. Communicate openly and transparently: If you have concerns or conflicts of interest, it is important to communicate them openly with relevant parties, such as your supervisor or a compliance officer. Transparency can help ensure that potential issues are addressed appropriately and in a timely manner.
Remember, ethical decision-making can be complex, and it is important to consider the specific details of the situation and seek advice from trusted sources within your organization.
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