Assume a company sells a given product for $76 per unit.
Variable selling and production costs are $26 per unit. If the
company breaks even when selling 200,000 units, what are total
fixed costs?
Answers
To find the total fixed costs, we can use the formula for the breakeven point, which is: Breakeven Point = Fixed Costs / (Selling Price per unit - Variable Cost per unit)
In this case, the selling price per unit is $76 and the variable cost per unit is $26. We know that the breakeven point occurs when selling 200,000 units.
Plugging these values into the formula, we have:
200,000 = Fixed Costs / (76 - 26)
To find the total fixed costs, we can rearrange the equation and solve for Fixed Costs:
Fixed Costs = Breakeven Point * (Selling Price per unit - Variable Cost per unit)
Fixed Costs = 200,000 * (76 - 26)
Fixed Costs = 200,000 * 50
Fixed Costs = 10,000,000
Therefore, the total fixed costs for the company are $10,000,000
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Related Questions
You are the manager of a firm that sells its product in a competitive market at a price of $30. Your firm's cost function is C=15+5Q
2
. Your firm's maximum profits are 60 30 45 90 Question 8 Consider a monopoly where the inverse demand for its product is given by P=50−2Q. Total costs for this monopolist are estimated to be C(Q)=100+2Q+Q
2
. At the profit-maximizing combination of output and price, deadweight loss is $128 $64 $32 $150
Answers
The profit-maximizing combination of output and price for the monopoly is Q = 6.25 and P = $62.5, At the profit-maximizing combination of output and price for the monopoly, the deadweight loss is $71.875.
In a competitive market, the price of your firm's product is $30 and the cost function is given by C=15+5Q².
To find the maximum profits, we need to determine the quantity that maximizes the difference between the revenue and the cost.
The revenue function in a competitive market is given by R=P*Q,
where P is the price and Q is the quantity. In this case, the price is $30.
So, the revenue function becomes R=30*Q.
To find the maximum profits, we subtract the cost function from the revenue function and set the derivative equal to zero:
Profit function (Π) = R - C = 30Q - (15+5Q²)
Taking the derivative of the profit function with respect to Q and setting it equal to zero, we can find the quantity that maximizes the profit:
dΠ/dQ = 30 - 10Q = 0
10Q = 30
Q = 3
So, the profit-maximizing quantity is Q = 3.
To find the maximum profits, substitute the value of Q back into the profit function:
Π = 30Q - (15+5Q²)
Π = 30*3 - (15+5(3²))
Π = 90 - (15+45)
Π = 90 - 60
Π = 30
Therefore, the firm's maximum profits in a competitive market are $30.
Now, let's consider a monopoly where the inverse demand for its product is given by P=50−2Q.
The total cost function for this monopolist is C(Q)=100+2Q+Q².
To find the profit-maximizing combination of output and price, we need to determine the quantity that maximizes the monopolist's profit function, which is the difference between the revenue and the cost:
Profit function (Π) = R - C
Profit function (Π) = (50-2Q)Q - (100+2Q+Q²)
To find the quantity that maximizes the profit, we take the derivative of the profit function with respect to Q and set it equal to zero:
dΠ/dQ = 50 - 4Q - 100 - 2Q - 2Q = 0
-8Q - 50 = 0
-8Q = 50
Q = -50/8
Q = -6.25 (ignoring negative value)
Since the quantity cannot be negative, we ignore the negative value of Q.
To find the price corresponding to this quantity, substitute the value of Q into the inverse demand function:
P = 50 - 2(-6.25)
P = 50 + 12.5
P = 62.5
Now, let's calculate the deadweight loss at the profit-maximizing combination of output and price. Deadweight loss represents the loss in economic efficiency due to market inefficiencies.
Deadweight loss is calculated by finding the area of the triangle formed by the demand curve, the marginal cost curve, and the quantity produced. In this case, the demand curve is P=50−2Q and the total cost curve is
C(Q)=100+2Q+Q².
To find the deadweight loss, we first need to find the quantity produced at the profit-maximizing combination of output and price. We already found that Q = 6.25.
Substitute the value of Q into the demand curve to find the corresponding price:
P = 50 - 2(6.25)
P = 50 - 12.5
P = 37.5
Now, we need to find the marginal cost at this quantity.
Take the derivative of the total cost function with respect to Q:
MC = dC/dQ = 2 + 2Q
Substitute the value of Q into the marginal cost function:
MC = 2 + 2(6.25)
MC = 2 + 12.5
MC = 14.5
Now, we can calculate the deadweight loss using the formula:
Deadweight loss = 0.5 * (P - MC) * Q
Deadweight loss = 0.5 * (37.5 - 14.5) * 6.25
Deadweight loss = 0.5 * 23 * 6.25
Deadweight loss = 71.875
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describe the importance of section officer
Answers
Answer:
Section officer are important to give and take the services , cater the services effectively , distribute work among the staff as evenly as possible , drafts laws , put up notes , prepare summaries , manage the relevant record and data of concerned department, reply to letters , communicate with other departments , maintain order and discipline in the section maintenance, etc
Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.
Answers
Answer:
1. Man-made
2. natural resources
3. entrepreneurship
4. Human resources
Explanation:
Natural resources are those which are present in the environment and are limited in number.
The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.Therefore, the given resources are matched with the scenarios in which they are used.
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I allow you to write letters of the alphabets what I am
Answers
Answer:
1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.
The following relates to a proposed equipment purchase: Initial investment $ 160,000
Salvage value $6,500
Estimated useful life 4 years
Annual net cash flows $ 54,100
Annual depreciation expense $30,375 The annual income amount used to calculate the accounting rate of return is: Multiple Choice a. $52,475
b. $54,100
c. $15,725
d. $17,350
Answers
The Accounting Rate of Return (ARR) is a financial metric used to determine the amount of profit earned on a particular investment. The correct answer to the following question is option (a) $52,475.
It is frequently utilized to make investment decisions in comparison to other potential investments. The annual income amount used to calculate the accounting rate of return is as follows:
Calculation of average net income:
Average annual net cash flows = $54,100
Annual depreciation expense = $30,375
Average annual net income = $23,725
Calculation of the Accounting Rate of Return (ARR):
ARR = Average Annual Net Income / Initial Investment
ARR = $23,725 / $160,000
ARR = 0.1483 or 14.83%
Finally, the annual income amount used to calculate the accounting rate of return is $52,475.
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In the long run, the typical firm in a monopolistically competitive industry will earn an economic profit. incur a loss equal to its fixed cost. break-even incur a loss equal to its variable cost. Question 5 (5 points) Which of the following is most likely to be a monopolistically competitive industry? airplane manufacturing the cell phone industry clothing stores in a large city cigarette manufacturing
Answers
The sellers' products are similar, but they are not identical to each other, and they are not perfect substitutes for one another. However, a seller's product is not completely different from the other products available in the market. Hence, the correct answer is clothing stores in a large city. The correct answer is option C.
Monopolistic competition is a market situation that occurs when there are numerous sellers offering products that are relatively similar, but not identical. Products of different firms are differentiated on the basis of design, packaging, quality, and marketing. A monopolistically competitive market is often considered as a combination of the features of perfect competition and monopoly.
The typical firm in a monopolistically competitive industry will break-even in the long run. The reason is that since the products of all firms are relatively similar but not identical, consumers will compare prices of the products of different firms. Therefore, the firms cannot charge higher prices than their competitors without losing their customers.
As a result, firms will have to sell their products at prices close to the their competitor. This implies that they will break-even, i.e., they will neither earn a profit nor incur a loss in the long run.
Hence, option C is the right one.
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In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is __________ amongst that audience.
Answers
In order to leverage social media ads, where you choose to advertise your product/service should also be based on your target audience and what is relevant and engaging to them.
By analyzing their demographics, interests, and online behaviors, you can identify the social media platforms or channels that align with their preferences. This ensures that your ads are seen by the right people, in the right context, maximizing their relevance and impact.
Additionally, staying attuned to trending topics, popular hashtags, and viral content within your target audience's online communities allows you to tap into what is currently captivating their attention.
By combining audience insights with relevant content, you can create compelling ad campaigns that drive engagement, increase brand visibility, and ultimately yield positive results.
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Read the graph below.
Unemployment Rates and Median Weekly Earnings, 2006
Unemployment Rate (percent)
Median Weekly Earnings (U.S. Dollars)
1.4% Doctoral Degree $1,441
1.1% Professional Degree S1,474
1.7%
Master's Degree $1,140
2.3% Bachelor's Degree S962
3.0% Associate Degree $721
3.9%
Some College
S674
4.3% High School Grad $595
6.8% Some High School S419
Source: U.S. Bureau of Labor Statistics, Current Population Survey
Which conclusion can be supported by the information in the graph above?
O People with a professional degree earn more than twice as much as people with a bachelor's degree.
O People with a master's degree earn nearly twice as much as those with a high school education.
O People with a doctoral degree are half as likely to be unemployed as people with a bachelor's degree.
O People with some college education are half as likely to be unemployed as people with some high school education.
Answers
Answer:
C. People with a doctoral degree are half as...
Explanation:
Answer:
People with a doctoral degree are half as likely to be unemployed as people with a bachelor's degree.
Explanation:
I'm smart also there is the same graph with same question and different answers so if your looking for that the correct answer is Obtaining a doctoral degree offers the lowest risk of unemployment and greatest potential weekly earnings.
state three
function of warehousing
Answers
Answer:
-Storage
-Financing
-Price Stabilization
-Time utility
Explanation:
digital finance platforms, mobile payments, digital asset management, blockchain technology, cryptography. Define each word and use each term in a sentence.
Answers
Explanation:
Digital finance platforms: Online platforms that provide financial services such as banking, investing, and lending.
Sentence: Digital finance platforms like Robinhood and Acorns have made investing more accessible to a wider range of people.
Mobile payments: Transactions that are completed using a mobile device, such as a smartphone or tablet.
Sentence: Mobile payments have become increasingly popular due to their convenience and ease of use.
Digital asset management: The process of organizing, storing, and retrieving digital files such as images, videos, and documents.
Sentence: Digital asset management software can help businesses keep track of their digital files more efficiently.
Blockchain technology: A decentralized system of digital ledgers that record transactions in a secure and transparent manner.
Sentence: Blockchain technology is often used in cryptocurrency transactions to ensure security and transparency.
Cryptography: The practice of using mathematical algorithms to secure and protect information.
Sentence: Encryption is a common form of cryptography used to protect sensitive data from unauthorized access
a good intended for final use by consumers rather than business
Answers
Answer:
A consumer good is a product intended for final use by a consumer.
Explanation:
Consumer good: a good intended for final use by consumers rather than by businesses
please respond to all parts of the question below, each with its own section. a. do you think businesses should voluntarily undertake environmental efforts, beyond those required by law? why or why not? b. describe the sustainability management practices of a business firm with which you are familiar. which stage of the corporate environmental responsibility model best fits this firm, and why? looking again at this same firm, what steps might its managers take to improve its environmental performance? in answering this question, consider the various elements of effective environmental management.
Answers
a. Yes, I think businesses should voluntarily undertake environmental efforts beyond those required by law. There are several reasons for this:
Environmental degradation can have negative impacts on businesses, including increased costs due to natural disasters or regulatory fines, as well as reputational damage from negative public perception. By proactively addressing environmental issues, businesses can mitigate these risks and potentially even benefit from improved reputation and customer loyalty.Some environmental efforts may also have financial benefits for businesses, such as reduced energy costs from energy efficiency measures or the ability to sell excess renewable energy back to the grid.Businesses have a responsibility to operate in a way that takes into account the well-being of society and the environment. By proactively addressing environmental issues, businesses can demonstrate their commitment to sustainability and their broader role in society.b. One business firm that I am familiar with that has strong sustainability management practices is Patagonia, an outdoor clothing and gear company. Patagonia has a comprehensive environmental policy that includes commitments to reducing the environmental impact of its products and operations, as well as advocating for environmental causes.
To improve its environmental performance, Patagonia's managers could consider implementing additional sustainability initiatives, such as increasing the use of recycled materials in its products, implementing water conservation measures in its manufacturing processes, or increasing the use of renewable energy in its operations. Other elements of effective environmental management that Patagonia's managers could consider include setting clear environmental goals and targets, engaging with stakeholders (including employees, customers, and suppliers) on environmental issues, and reporting transparently on the company's environmental performance.
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An information search can be formal or informal.
True
O False
Answers
Answer:
This is false. An information search must be formal
A(n)
strategy determines the direction the organization will take in making directional decisions.
A. business
O
B. organizational
C. operational
O
D. corporate
Answers
whats Alana current budget is and create a proposed budget so that she can achieve her savings goals (10 marks - TI). Assume that Alana makes $530 a month. Be sure to:
· calculate her budget surplus OR deficit is (current and proposed)
Answers
Answer:G tyyyy jhccfvvhh
Explanation:
Hjhdfuiijjhfcdrg g
which viability factor involves building relationships with a experienced professionals
Answers
Relationship factor helps in building relationships with a experienced professionals.
Give a brief account on Business viability.Viability means that the business is (or may be) successful. A viable business is profitable, meaning it generates more revenue than you spend running it. If a company is not profitable, it is difficult to recover. Companies need to increase sales, reduce costs, or both. Profitability is closely related to solvency and liquidity as well as profit.
There are two processes to creating a profitable business. First, it means formulating a marketing strategy by knowing who you are, who you sell to, and who else you sell to. Second, it means your financial home is in order.
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Two way how the government impacts/affects the economy?
Answers
Explanation:
The government may also adjust spending, tax rates, or introduce tax incentives. ... As a result, these elected members of the government have a great deal of influence on the economy. Fiscal and monetary policies are intended to either slow down or ramp up the speed of the economy's rate of growth
Answer:
adjusting the cost of borrowing money (by lowering or raising the interest rate)
managing the money supply
and controlling the use of credit.
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
Answers
The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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question content area the following data relate to direct labor costs for the current period: standard costs 7,100 hours at $11.60 actual costs 6,000 hours at $10.80 what is the direct labor rate variance?
Answers
A rate variance is the difference between an item's actual price and its predicted price, multiplied by the actual number of units bought. So the direct labor rate variance is $4800.
In the given;
Standard costs 6,000 hours at $12.00
Actual costs 7,500 hours at $11.60
We have to find the direct labor rate variance.
Actual rate of labor hour = 10.80
Direct labor standard rate = $11.60
Labor actual hours = 6,000
As we know that;
A rate variance is the difference between an item's actual price and its predicted price, multiplied by the actual number of units bought. The idea is used to identify situations when a business is paying too much for products, services, or labour.
The direct labor rate variance = (Standard Rate - Actual Rate)×Actual Hours
The direct labor rate variance = (11.60 - 10.80)×6000
The direct labor rate variance = 0.80×6000
The direct labor rate variance = 4800
Hence, the direct labor rate variance is $4800.
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No matter if you are underweight, overweight, or at an appropriate weight, you still need exercise. A. true B. false
Answers
Answer:
A. true
Explanation:
Exercise helps people lose weight and lower the risk of some diseases. Exercising regularly lowers a person's risk of developing some diseases, including obesity, type 2 diabetes, and high blood pressure. Exercise also can help keep your body at a healthy weight. Exercise can help a person age well.
if a bond offers an investor 11% in nominal return during a year in which the rate of inflation is 4%, then the investor's real return is: %
Answers
The investor's real return is 7%. This means that the investor's purchasing power increases by 7% after accounting for inflation.
In this case, the bond offers a nominal return of 11% per year. However, we also know that the rate of inflation is 4%. This means that prices for goods and services are increasing by 4% per year on average. If the investor earns a nominal return of 11% but prices increase by 4%, then the investor's purchasing power does not actually increase by the full 11%. To calculate the investor's real return, we need to adjust for inflation by subtracting the inflation rate from the nominal return.
So the calculation for the investor's real return is:
Real return = Nominal return - Inflation rate
Real return = 11% - 4%
Real return = 7%.
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A government subsidy to the producers of a product:
a) reduces product supply.
b) increases product supply.
c) reduces product demand.
d) increases product demand.
Answers
A government subsidy to the producers of a product increases product supply.
What is a subsidy from the government?Governments may promote specific industries or economic sectors with payments, tax rebates, or other financial incentives. Subsidies are meant to help or support what is thought to be a crucial component of the national economy or infrastructure.
Subsidies benefit who?A government incentive known as a subsidy is one that increases the availability of specific goods and services by providing money, grants, or tax exemptions to people or businesses. The availability of less expensive goods and commodities is made possible through subsidies.
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Which communication objective related to the hierarchy of effects requires explaining the benefit of a new product relative to other similar products offered by​ competitors?
Answers
The communication objective related to the hierarchy of effects is knowledge.
What is knowledge?Knowledge simply means having understanding about something by knowing it.
Having good understanding of a new product is important as this help us to everything about the products, including the important of the product and the benefit consumer of such product tend to derived from using this product compare to other product that are similar to the new product in the market.
Inconclusion the communication objective related to the hierarchy of effects is knowledge.
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As a result of the current age-related trends in the united states job market, by 2028 it is likely that human resource professionals will spend much of their time on issues related to ______.
Answers
Retirement is an result of the current age-related trends in the united states job market, by 2028 it is likely that human resource professionals will spend much of their time .
What is meant by Retirement ?
Retirement is the stage of life at which one decides to leave the workforce behind forever. The majority of industrialized nations, including the United States, have a national pension or benefits system in place to augment retirees' wages, and the usual retirement age in these nations is 65. The Social Security Administration (SSA) in the United States, for instance, has been providing retirees with monthly Social Security income benefits since 1935.
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The Second Step in the Change Management Plan is to ___, when determination is made of the process to follow implementing the change.
a )assess willingness, readiness, and ability to chnge
b) develop or adopt a strategy for change
c) implement the change management plan/tack
d)evaluate experiences and develop lessons learned
e) define, and deploy the infustructure
Answers
The Second Step in the Change Management Plan is to b) develop or adopt a strategy for change when a determination is made of the process to follow for implementing the change.
After assessing the need for change and identifying the objectives, the next crucial step is to develop or adopt a strategy for implementing the change. This involves formulating a comprehensive plan that outlines the specific actions, resources, and timelines required to successfully execute the change initiative.
Developing a strategy for change involves considering various factors such as the organization's culture, resources, stakeholders, and potential barriers to change. It also entails determining the most effective approach to implement the change while minimizing resistance and disruption to operations.
During this step, key decisions are made regarding the methods, techniques, and tools to be utilized in the change implementation process. The strategy may include communication plans, training programs, resource allocation, and coordination mechanisms.
By developing or adopting a well-thought-out strategy for change, organizations can ensure a structured and systematic approach to implementing the change, increasing the likelihood of successful outcomes and minimizing potential challenges along the way.Correct answer is b.
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How does hard work help our economy?
Answers
Answer:How important is hard work for avoiding poverty?The phrase, “Pull yourself up by your own bootstraps” is one that is embedded in the American lexicon. As we have discussed in earlier modules, this is often the predominant mind set when it comes to explaining poverty. There is a widespread belief that with hard work and effort, anyone can avoid falling into poverty. In your group, ask yourselves, to what extent do you feel that hard work is sufficient for achieving economic success?The Role of Motivation and Hard WorkIn our research, we have given considerable thought to the role that motivation and hard work plays in getting ahead. In the course of writing Chasing the American Dream, we talked with dozens of people from many walks of life around this topic. Our overall conclusion is that hard work is a necessary but not a sufficient condition for getting ahead. In other words, hard work and effort are generally important ingredients for reaching one’s goals in life, but they do not guarantee success in and of themselves.We can think about this relationship in the following way. It is difficult to imagine individuals doing well in life without a decent amount of effort and work. Even for those born into wealth, hard work and motivation are generally required for reaching one’s goals. And for those starting with much less, hard work and initiative would appear to be essential.On the other hand, we have talked with many people who have worked very hard throughout their adult lives, but have struggled to achieve economic success. During the course of a year, we interviewed women and men who have worked extremely hard but nevertheless found themselves in poverty or close to poverty.A Hard Working ExampleWe asked one such woman who was interviewed for our Chasing the American Dream book about how the general notion of the American Dream stacked up against the economic realities that she had seen.I think for most people it’s sort of a Horatio Alger’s thing of going from rags to riches. That anybody through their own hard work can pull themselves up in this country. But I think a whole lot of people have worked really hard and not been able to pull themselves up.My dad worked really, really hard. And the only reason he had $10,000 in the bank when he died is because his brother died and left him some. And then his house sold for a little over $20,000. And this is from a guy who worked his tail off his whole life long. He had paid employment until after age 80 despite his physical disabilities. So, hard work doesn’t necessarily get you ahead. I know that.We then asked her, “How does this experience affect your sense of fairness?”Well it makes me mad that things are not fair and that we don’t value hard work. And, in fact, one of the surest indicators for how hard you’ll have to work is your income. The people with lower incomes will have to work harder from a standpoint of backbreaking physical labor.You know, I make a lot more money than Elaine Nelson from my church. But she mops floors down at St. Peters Hospital and changes sheets and makes sure that the operating room is sanitary so that people can go home without a staph infection. Her work is really essential, but she’s only making like $9 or $10 an hour to do that kind of work. And I take her to places to get help with her utilities and take her to the food pantry at my church now and then ‘cause she doesn’t have a car. And she’s faced an eviction so many times since I’ve known her.And to me, that’s just so unfair that a person that does really important work that cares for our community… You know, having a safe, clean hospital is a very important thing. Why don’t we reward that adequately? It makes me really mad.Hard Work May Not Be EnoughWhat this woman and many like her discussed in our interviews relates to the fact that there are simply not enough decent-paying jobs to support all Americans. In an earlier module (Module 6) we relied on the analogy of musical chairs to illustrate the mismatch between the number of individuals in need of a decent paying job versus the limited number and availability of such jobs. The result is that for some Americans, no matter how hard they work, they still may not be able to get ahead economically.Do you agree that hard work is a necessary but not a sufficient condition for getting ahead? Can you point to examples of people you know that would confirm this? Are there cases where hard work may not be important in getting ahead? How is this accomplished? Overall, how important is motivation and determination in avoiding poverty? These are some of tque
An excerpt of an introduction of a cover letter about a Marketing position.
Which type of cover letter would the above excerpt come from?
a. Prospecting cover letter
b. Networking cover letter
c. Application cover letter
d. Follow up cover letter
Answers
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
What is cover letter?Cover letter are letter of intent and it use to describe an individual experience that is related to the Job description on an advert.
The individual include level of experience and exposure as well as other certification that will him or her qualify for the Job.
An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.
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Answer: The answer is b
Explanation:
took the test :)
When writing a check:
A) always print your signature
B)Sign on the line that says "Pay to the order of"
C) Spell out the dollars and cents on the line that ends in "Dollars"
D) Spell out the dollars and cents in the short box next to the $ symbol
Answers
the market capitalization rate on the stock of aberdeen wholesale company is 10%. its expected roe is 12%, and its expected eps is $5. if the firm's plowback ratio is 50%, its p/e ratio will be
Answers
10% of Aberdeen Wholesale Company's shares is currently valued on the market. The estimated returns on equity are 12% and $5, respectively. The company's p/e ratio will be 12.5 if its plowback ratio is 50%.
What is meant by Ratio?When two objects are related using numbers or amounts, the relationship is known as a ratio. In a room with ten males and thirty girls, for instance, the boy to girl ratio is 1:3, or one to three. Ratios quantify the connection between two or more financial statement components. When results from different time periods are compared, they are most useful. This enables you to track the success of your business over time and find warning signals of disaster.Ratios compare two numbers, typically by dividing them. Your formula would be A/B if you were comparing data points A and B. This indicates that you are dividing information A by information B.
Therefore,
Dividend payout ratio = 1 − 0.5 = 0.5
Expected dividend = 0.5 × $5 = $2.50
Growth rate = 0.5 × 12%
= 6%Value
= $2.50/(0.10 − 0.06)
= $62.50
P/E = $62.50/$5 = 12.5
Hence, 10% of Aberdeen Wholesale Company's shares is currently valued on the market. The estimated returns on equity are 12% and $5, respectively. The company's p/e ratio will be 12.5 if its plowback ratio is 50%.
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