Eddie recently received an offer from a big box store to purchase his business at a valuation of $100,000. If invested in the stock market, these funds could earn 0. 6% return, on average, per month. Assuming the valuation is accurate and eddy could earn $4,000 a month if he returned to his previous it job, what are eddy’s monthly economic profits from running eddie’s electronics?.
Answers
The to question is that Eddie's monthly economic profits from running Eddie's Electronics can be calculated by subtracting the opportunity cost of his other options from the earnings he would receive from running his business.
To calculate Eddie's monthly economic profits, we need to consider two factors: the earnings from running his business and the opportunity cost of not pursuing his other options.First, let's calculate the earnings from running Eddie's Electronics. The business is valued at $100,000, so Eddie would receive a monthly return of 0.6% on this investment in the stock market. To calculate the monthly earnings, we multiply the valuation by the monthly return rate:$100,000 * 0.6% = $600
Therefore, Eddie's monthly earnings from running Eddie's Electronics would be $600.Next, let's consider the opportunity cost of not pursuing his other options. If Eddie returned to his previous IT job, he could earn $4,000 per month. So, the opportunity cost of running his business is $4,000.To calculate Eddie's monthly economic profits, we subtract the opportunity cost from his earnings from running the business:$600 - $4,000 = -$3,400 Therefore, Eddie's monthly economic profits from running Eddie's Electronics would be -$3,400.
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Related Questions
Sorting customers by their physical and social characteristics is called ______ segmentation. answer choices. behavioral. statistical. psychographic.
Answers
Demographic segmentation refers to grouping clients based on their physical and social attributes.
Using data on factors like age, gender, marital status, family size, income, education, race, occupation, nationality, and/or religion, demographic segmentation is a precise method of identifying an audience. It's one of the four primary methods of marketing segmentation, and it's also maybe the most popular one. By including young men or women in their marketing campaigns, soft drink companies like Coca-Cola frequently target young adults between the ages of 15 and 25.
Personal statistics such as gender, age, marital status, number of children, family size, occupation, educational attainment, linguistic background, level of income, possessions or possessions owned, nationality, ethnicity, race, religion, location, and so forth make up demographic factors or variables (Cantiello et al., 2015). To study entire societies or specific populations, researchers utilize demographic analysis. A few demographic examples are age, education, nationality, ethnicity, and religion.
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The actual question is:
Sorting customers by their physical and social characteristics is called ______.
a) behavioral
b) statistical
c) psychographic
d) demographic
without government intervention, public goods tend to be
Answers
Sunshine Smoothies Company (SSC) manufactures and distributes smoothies. SSC is considering the development of a new line of high-protein energy smoothies. SSC's CFO has collected the following information regarding the proposed project, which is expected to last 3 years:
The project can be operated at the company's Charleston plant, which is currently vacant.
The project will require that the company spend $4. 9 million today (t = 0) to purchase additional equipment. For tax purposes the equipment will be depreciated on a straight-line basis over 5 years. Thus, the firm's annual depreciation expense is $4,900,000/5 = $980,000. The company plans to use the equipment for all 3 years of the project. At t = 3 (which is the project's last year of operation), the equipment is expected to be sold for $2,300,000 before taxes.
The project will require an increase in net operating working capital of $650,000 at t = 0. The cost of the working capital will be fully recovered at t = 3 (which is the project's last year of operation).
Expected high-protein energy smoothie sales are as follows:
Year Sales
1 $2,400,000
2 7,850,000
3 3,500,000
The project's annual operating costs (excluding depreciation) are expected to be 60% of sales.
The company's tax rate is 40%.
The company is extremely profitable; so if any losses are incurred from the high-protein energy smoothie project they can be used to partially offset taxes paid on the company's other projects. (That is, assume that if there are any tax credits related to this project they can be used in the year they occur. )
The project has a WACC = 10. 0%.
What is the project's expected NPV and IRR? Round your answers to 2 decimal places. Do not round your intermediate calculations.
NPV $
IRR %
Should the firm accept the project?
-Select-The firm should accept the project. The firm should not accept the project. Correct 7 of Item 1
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Set up a time line for the free cash flow analysis.
Refer to the layout in the textbook analyzing revenues and costs in the free cash flow format.
Remember to calculate operating costs.
No interest charges are deducted.
Calculate taxes.
Don't forget to include depreciation impact on the free cash flows.
Don't forget to include the tax credit if EBIT is negative in any year. (Refer to next to last bullet. )
Don't forget to include ΔNOWC in the Year 0 outlay but remember to add it back in the Year 3 termination cash flows. (There is no tax impact. )
Don't forget to include the sale of the machinery, termination free cash flows and the tax effect of selling the machinery.
Calculate the project's NPV and IRR.
Make a decision whether to accept the project or reject it based on the calculated NPV and IRR of the project. Remember, If the project’s NPV is positive then its IRR will be greater than its WACC.
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Solution
SSC is considering another project: the introduction of a "weight loss" smoothie. The project would require a $3 million investment outlay today (t = 0). The after-tax cash flows would depend on whether the weight loss smoothie is well received by consumers. There is a 40% chance that demand will be good, in which case the project will produce after-tax cash flows of $2. 2 million at the end of each of the next 3 years. There is a 60% chance that demand will be poor, in which case the after-tax cash flows will be $0. 52 million for 3 years. The project is riskier than the firm's other projects, so it has a WACC of 11%. The firm will know if the project is successful after receiving the cash flows the first year, and after receiving the first year's cash flows it will have the option to abandon the project. If the firm decides to abandon the project the company will not receive any cash flows after t = 1, but it will be able to sell the assets related to the project for $2. 8 million after taxes at t = 1. Assuming the company has an option to abandon the project, what is the expected NPV of the project today? Round your answer to 2 decimal places. Do not round your intermediate calculations. Use the values in "millions of dollars" to ascertain the answer.
$ millions of dollars
Answers
The expected NPV of the high-protein energy smoothie project is calculated by discounting the project's free cash flows at the weighted average cost of capital (WACC) of 10%. To calculate the free cash flows, we need to consider the initial outlay, annual operating costs, depreciation tax shield, salvage value of equipment, and the recovery of net operating working capital.
The project's cash flows are as follows:
Year 0: Initial outlay = -$4.9 million (equipment purchase) + $650,000 (increase in net operating working capital)
Year 1: Cash flow = Sales - Operating costs - Depreciation tax shield
Year 2: Cash flow = Sales - Operating costs - Depreciation tax shield
Year 3: Cash flow = Sales - Operating costs - Depreciation tax shield + Salvage value of equipment + Recovery of net operating working capital
Using the given sales and operating cost information, we can calculate the cash flows for each year and discount them to the present value using the WACC. The NPV is the sum of the present values of the cash flows minus the initial outlay.
To calculate the IRR, we need to find the discount rate at which the project's NPV becomes zero. By applying the internal rate of return (IRR) calculation, we can determine the rate at which the project breaks even.
Based on the calculated NPV and IRR, we can determine whether the firm should accept the project. If the NPV is positive and the IRR is greater than the WACC, it would indicate that the project is expected to generate positive returns and exceed the required rate of return.
Unfortunately, the given information does not provide the necessary data to calculate the NPV and IRR for the high-protein energy smoothie project. Additional information, such as the annual operating costs as a percentage of sales, tax rate, and salvage value, is required for a comprehensive analysis. Please provide the missing information to proceed with the calculation.
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The statement that provides the financial position of a company as of a specific date is the.
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The statement that provides the financial position of a company as of a specific date is the balance sheet.
What is balance sheet?Balance sheet is book that contains the financial details of am organization.
It contains the organizations asset and all liabilities and all shareholder's portion or investment and regarding the business.
It provides a basis for major financial decisions as regarding the company.
Therefore, The statement that provides the financial position of a company as of a specific date is the balance sheet.
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__ I can help protect clients’ confidential information.
A. Anti-virus software
B. Piracy
C. Identity theft
D. Licensing infringement
Answers
Answer:
a.
Explanation:
I think it’s a. Or anti-virus software because, it helps to prevent or try and help prevent someone from stealing your personal information.
in preparation for an ehr, you are conducting a total facility inventory of all forms currently used. you must name each form for bar coding and indexing into a document management system. the unnamed document in front of you includes a microscopic description of tissue excised during surgery. the document type you are most likely to give to this form is
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B (C and D) (C and D) Only the pathology report will provide a microscopic description of the tissue removed, even though a gross description of the tissue removed may be mentioned on the operation note or discharge summary.
What should you do first when adding a new patient to the EHR?Before entering a new patient record, the user must first run a patient search. The user must choose a random number to serve as the medical record number when creating a new patient account. False, Users of the SCMO can enter up to two insurance companies.
Patient demographics, progress notes, issues, prescriptions, vital signs, previous medical history, vaccines, laboratory results, and radiological reports are all included in this data. The clinician's process is automated and streamlined by the EHR.
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in case 10.4 (no treasure in this treasure planet), disney overvalued net assets by capitalizing unrecoverable production costs. the lesson for the auditors in this case was to:
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The lesson for auditors in the case "No Treasure in This Treasure Planet" where Disney overvalued net assets by capitalizing unrecoverable production costs is to exercise professional skepticism, perform thorough due diligence, and critically evaluate management's assertions and accounting practices to ensure accurate financial reporting.
The case highlights the importance of auditors maintaining professional skepticism and conducting comprehensive due diligence during the audit process. Auditors should not blindly accept management's assertions and should critically evaluate accounting practices to ensure accurate financial reporting.
In the specific case of Disney overvaluing net assets by capitalizing unrecoverable production costs, auditors should have questioned the appropriateness of capitalizing costs that were unlikely to be recovered. They should have assessed the recoverability of production costs and considered the possibility of impairment or write-offs.
The lesson for auditors is to be diligent in their examination of financial statements, exercise professional skepticism, and challenge management's assumptions and accounting practices. This helps ensure that financial reporting accurately reflects the true financial position and performance of the company.
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How does Hurricane Katrina illustrate the problem with insurance?
Answers
Answer:How does Hurricane Katrina illustrate the problem with insurance? It illustrates the problem with insurance because it was a wide spread disaster for many people. ... It's not like insurance companies have an unlimited supply of money so they often declined a lot of people's claims. This was often very discriminating too
Explanation:mark brainliest ineed 2 more
he integrated set of actions taken to produce products proceed by customers has different to them in important ways is called
Answers
The integrated set of actions taken to produce products proceeded by customers has different to them in important ways is called the marketing concept. It was introduced in the 1950s by organizations that believed in selling products based on consumer demands and preferences. The two key elements of this concept are customer satisfaction and profitability.
The marketing concept is an integrated set of actions taken to produce products proceeded by customers in different important ways. A marketing concept is an approach or philosophy which emphasizes identifying and meeting the needs of the customers. It is a customer-oriented approach rather than product-oriented. In the past, organizations used to produce goods based on their production capacities and then tried to sell them by persuading customers. However, the marketing concept is based on the idea that companies can only succeed by identifying and satisfying the needs and wants of their customers more effectively than their competitors. The marketing concept emphasizes the importance of understanding customers' needs and preferences. By doing so, organizations can design products that meet those needs and provide greater value to the customers. The marketing concept also focuses on building long-term relationships with customers. This approach can help companies generate repeat business and positive word-of-mouth, which can lead to increased profitability. Thus, the marketing concept is an integrated set of actions taken to produce products proceeded by customers in different important ways.
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Critically discuss the issues that fixed, variable and semi-variable
costs can have on decisions that the management of a company must
make regarding the pricing of their products.
Note: You must use the relevant academic literature and relevant practical
examples or case studies to answer this question and include references
appropriately as an evidence of your wider reading and research
Answers
Fixed, variable, and semi-variable costs influence pricing decisions by requiring careful consideration of cost structures, profit margins, and cost allocation to ensure profitability and competitiveness.
Fixed, variable, and semi-variable costs play a crucial role in the pricing decisions made by company management. Understanding these cost components and their impact is essential for setting optimal product prices. This discussion will explore the issues associated with each cost type and their implications for pricing decisions.
Fixed costs are expenses that do not differ with the level of production or sales, such as rent, salaries, and insurance. They represent the costs a company incurs regardless of the quantity produced. When considering pricing decisions, fixed costs pose challenges as they must be covered to ensure profitability. If prices are set too low, it may be difficult to cover fixed costs, resulting in losses. On the other hand, setting prices too high may lead to uncompetitive prices and reduced demand. Therefore, management needs to carefully consider fixed costs when determining pricing strategies to ensure they are adequately covered while remaining competitive in the market.
Variable costs, unlike fixed costs, vary directly with the level of production or sales. These costs include raw materials, direct labor, and utilities. The impact of variable costs on pricing decisions is more straightforward. As production increases, variable costs increase proportionally, influencing the overall cost structure and profitability. Companies must consider these costs when setting prices to ensure that the selling price covers variable costs and provides a reasonable profit margin. Failure to account for variable costs accurately may result in selling products at a loss or charging excessively high prices, leading to reduced demand.
Semi-variable costs exhibit characteristics of both fixed and variable costs, comprising both fixed and variable elements. Examples include utilities with a fixed base fee and a variable usage fee. The challenge with semi-variable costs lies in accurately separating the fixed and variable components. This is crucial for determining the cost structure at different production levels and setting prices accordingly. Management must carefully analyze the cost behavior patterns to estimate the fixed and variable portions of semi-variable costs accurately. Failure to do so may lead to pricing decisions that do not adequately account for cost fluctuations, resulting in inefficient pricing strategies.
To illustrate these issues, consider a manufacturing company producing electronic devices. The fixed costs include rent for the production facility and salaries of administrative staff, while variable costs consist of direct materials and labor. The semi-variable costs may include electricity costs, with a fixed base fee for maintaining power supply and a variable component based on usage.
When determining product prices, the company must consider all these cost elements. Setting prices too low without considering fixed and semi-variable costs may result in losses, as fixed costs will not be adequately covered. Ignoring variable costs may lead to underpricing, where the company fails to generate a sufficient profit margin to cover variable expenses. Misjudging the fixed and variable components of semi-variable costs may result in inaccurate pricing, leading to either excessive or insufficient pricing adjustments.
In conclusion, fixed, variable, and semi-variable costs significantly impact pricing decisions. Management must carefully analyze these cost components to ensure that prices are set at levels that cover all costs while remaining competitive. By understanding the cost structure and dynamics, companies can make informed pricing decisions that support profitability and sustainability.
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what are the main functions of HR department
Answers
Answer:
Personnel administration.
Personnel recruitment and selection.
Compensation and incentive management.
Development of a positive work climate.
Employee performance evaluation.
Staff training and development.
Labour relations.
Occupational health and safety.
Explanation:
The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.
Ingredients for making simple homemade doughnuts
Answers
Answer:
1 cup (240ml) whole milk, warmed to about 110°F (43°C)*
1 Tablespoon active dry yeast*
1/3 cup (65g) granulated sugar.
2 large eggs.
6 Tablespoons (86g) unsalted butter, melted and slightly cooled.
1 teaspoon pure vanilla extract.
1/4 teaspoon ground nutmeg.
1/2 teaspoon salt.
In which country are employers required by law to contribute toward health insurance for their employees?
Answers
The country in which employers are required by law to contribute toward health insurance for their employees is "Germany".
What is health insurance?Health insurance is an agreement in which an insurer chooses to pay a portion or all of a person's medical expenses in exchange for a fee.
Some key features regarding the health insurance are-
More precisely, health insurance often covers for the insured's medical, surgical, prescription medicine, and occasionally dental expenses. Health insurance can either repay the insured for illness or injury-related expenses or directly reimburse the care provider.Since 2010, this same Affordable Care Act has barred health insurers from denying coverage to individuals with preexisting diseases, and children under the age of 26 have been allowed to remain on their parents' health plan until they reach an age of 26.Medicare and the Children's Health Insurance Program is two governmental health insurance programs aimed at elderly people and children, respectively. Medicare also provides benefits to those with certain disabilities.To know more about the health insurance, here
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2. Where does Steve Jobs’ power and influence come from?
Answers
Answer:
working with apple and creating the mac
Explanation:
which term describes the benefits of a life insurance policy
Answers
The term that describes the benefits of a life insurance policy is "death benefit" or "survivor benefit." The death benefit is the amount of money paid out to the beneficiaries upon the death of the insured person.
A life insurance policy is a contract between an individual (the policyholder) and an insurance company, wherein the insurer guarantees to pay a sum of money (the death benefit) to the policyholder's beneficiaries upon the policyholder's death. Life insurance policies are typically designed to provide financial security for the policyholder's family or dependents in the event of the policyholder's untimely death.
There are different types of life insurance policies available in the market, such as term life insurance, whole life insurance, and universal life insurance. Term life insurance provides coverage for a specific period, usually ranging from one to thirty years. Whole life insurance provides coverage for the policyholder's entire life and typically includes an investment component. Universal life insurance is a flexible type of policy that allows the policyholder to adjust their premium payments and death benefit over time.
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How does exercising help you become more creative? A. It helps you to be less rigid in your thinking. B. It helps you to be open-minded. C. It increases your ability to think on your feet. D. It reduces stress.
Answers
Answer: It reduces stress
Explanation:
What is product positioning?
Answers
Every company and supply chain faces the challenge of the tragedy of the commons as it operates in a global environment. They must:a.compete against others who may be extracting benefits from resource commons without spending to maintain these commons.b.compete in a market in which customers often value low cost and are not willing to pay for a more sustainable solution.c.bear the entire negative utility (−1) while the commons share all the positive utility (+1).d.(a) and (b) only.e.None of the above.
Answers
The challenge of the tragedy of the commons is a long-standing issue that affects every company and supply chain operating in a global environment.
This challenge arises from the fact that companies have to compete against others who may be extracting benefits from resource commons without spending to maintain these commons.
This situation creates an unfair advantage for some companies, which can lead to a depletion of resources and negative environmental impacts.
Moreover, companies must also compete in a market in which customers often value low costs and are not willing to pay for a more sustainable solution.
This creates a dilemma for companies that want to prioritize sustainability and invest in environmentally-friendly practices, but are constrained by the market's demand for low cost.
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Help Pleaseee Being charged with identity theft in a court of law (5 points)
is only a state misdemeanor
is always a federal crime
results in prison penalties up to 20 years
results in a maximum fine of $300,000
Which known factor affects prices in the financial markets? (5 points)
Current taxes
Media speculation
Government policy
Foreign companies
Answers
The factor affects prices in the financial markets Current taxes.
What statute(s) allows for charges of identity theft?10175, sometimes referred to as the Cybercrime Prevention Act ("RA 10175"), lists cybercrimes and specifies punishments for each.
What exactly is the identity theft law?Computer-related identity theft is defined by Section 10175, often known as the "Cybercrime Prevention Act of 2012," as the willful acquisition, use, misuse, transfer, possession, change, or deletion of an individual's identifying information without that person's consent.
What is the law on identity theft and what is the penalty?The penalty for using another person's electronic signature, password, or other unique identification feature dishonestly or fraudulently is imprisonment of either kind for a time that may not exceed three years, as well as a fine that may not exceed Rs. 1 lakh.
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What happens when humans build homes and business?
Answers
Humans build homes and businesses to live properly without financial burden. The shelter is one of the fundamental requirements for every human being be it financial, along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions.
The shelter is one of the fundamental requirements for every human being along with food and clothing. It protects human beings from wild animals, natural disasters, and changing climatic conditions. So, humans need shelter to feel protected and for a sense of well-being. It is a comfortable place for a person where one can rest, rejuvenate and revive. Thus humans build homes and businesses to live properly without financial burden.
So, humans need shelter to feel protected and for a sense of well-being.
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Which of the following is not a component of lead time? O A. Supplier transit B. Production rework C. Order processing D. Transport to customer
Answers
The right option is B: Production rework.
Which component is not part of lead time?Lead time refers to the total time required for an order or product to move through the entire supply chain, from the initial placement of the order to the final delivery to the customer.
It encompasses various components that contribute to the overall duration of the process. These components typically include supplier transit (A), order processing (C), and transport to the customer (D).
However, production rework (B) is not considered a component of lead time. Production rework refers to the process of correcting or repairing defective or non-conforming products during the manufacturing or production phase.
While it is an important aspect of quality control and ensuring product standards, it is not directly related to the time it takes for an order to move through the supply chain.
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T/F: due to high cotton prices, many sharecroppers were able to save money and buy farms.
Answers
False. Due to high cotton prices, many sharecroppers were not able to save money and buy farms.
Sharecropping was a system where tenant farmers, often former slaves or poor white farmers, worked on a landowner's property in exchange for a portion of the crop.
This arrangement made it difficult for sharecroppers to accumulate wealth or improve their economic situation, as they were often heavily indebted to the landowner for seeds, tools, and other necessities. When cotton prices were high, landowners would benefit more than sharecroppers, as they would receive a greater share of the profits.
Although high cotton prices increased the overall value of the crop, it did not directly translate into increased savings for sharecroppers. They still faced numerous challenges, such as unpredictable weather, fluctuating market prices, and often, exploitation by landowners.
Furthermore, high cotton prices might lead landowners to demand an even greater share of the crop, leaving sharecroppers with even less to save.
In summary, the statement is false because high cotton prices did not allow many sharecroppers to save money and buy farms, as they still faced significant obstacles and economic challenges within the sharecropping system.
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with examples, differentiate between direct and indirect tax
Answers
Answer:
Direct taxes are non-transferable taxes paid by the tax payer to the government and indirect taxes are transferable taxes where the liability to pay can be shifted to others. Income Tax is a direct tax while Value Added Tax (VAT) is an indirect tax.
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a mail-marketing company combines two inputs, pre-stamped envelopes (input 1) and printed marketing campaign material (input 2). every envelope can be stuffed with two pieces of paper. that is, the number of marketing mailers is determined by the following production function: y
Answers
The cost in the short Run for 9 years is $267 is mathematically given as
This is further explained below.
What is the short run?Generally, The idea of the short run proposes that within a certain time frame in the future, at least one of the inputs will be fixed, while the others will continue to be variable.
In the field of economics, it is used to illustrate the concept that the amount of time an economy has to respond to various stimuli may cause it to behave in a variety of different ways.
\(Y = min( { x_1, \frac{ x_2}{5}\)
So in short run, x_2 = 60, Y = 9
9 = min { x_1, 12}
Now, for 9 units of Y, the required amount of X1 is 9.
Generally, the equation for the short run is mathematically given as
SR = w_1y_1 + w_2*X_2
SR= 3*9 + 4*60
SR= 27 + 240
SR= $ 267
In conclusion, the cost in the short term for 9 years is $267
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CQ is attached below
Manufacturing overhead ______. multiple select question.
a. contains fixed costs
b. consists of many different types of costs
c. is an indirect cost
d. is directly traceable to units produced
Answers
Answer:
B. consists of many different types of costs
Manufacturing overheads is such cost that consists of many types of costs, and is also directly traceable to the number of units produced. Therefore, the options B and D hold true.
What is the significance of manufacturing overheads?Manufacturing overheads can be referred to or considered as the overheads that are incurred by a producer in the process of manufacturing the units to be sold in the business. These costs are incurred for the purpose of profit-making.
The overheads of manufacturing consist of different types of costs, and division of the incurred overheads by the total manufactured units will give an idea of the per-unit cost for the firm.
Therefore, the options B and D hold true and state regarding the significance of manufacturing overheads.
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Question #3
Multiple Select
The main types of markets are called
consumer
O industrial
customer
Oresidential
Question #4
Multiple Choice
Answers
The two most important types of marketplaces are consumer and business markets. There are also institutional markets, government markets, and global markets.
What other kind of markets are there?In a market where buyers and sellers may meet, there can be an exchange of commodities and services. Markets include both actual physical markets and digital ones, such those found online. There are additional examples, such as the stock market, gray market, and auction market.
Although it can be complicated, marketing is primarily driven by four variables: product, price, promotion, and place. These are the fundamental concepts around which everything else is built, and they apply regardless of how tactics and distribution methods evolve. The seven P's or another form of these core concepts are sometimes included.
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Money Matters Help
You just got your first job and are planning to rent your own apartment. what steps would you follow to make this process easier?
Answers
Explanation:
A Step by Step Guide Through the Rental Application Process
Fill out a rental application. Let's start with the basics: the apartment application itself. ...
Pay the apartment application fee. ...
Expect credit and background checks. ...
Prove you can pay rent. ...
Figure out if you need a co-signer. ...
Show them that you are an agreeable renter. ...
Have good personal references. ...
Sign the lease.
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determining sales goals is part of effective sales management. a statement of a salesperson’s sales goals, usually based on sales volume, is called a(n) _________.
Answers
Determining sales goals is a crucial part of effective sales management. It helps the sales team stay motivated and provides a clear direction towards achieving sales targets.
A statement of a salesperson’s sales goals, usually based on sales volume, is called a sales quota.A sales quota is a numerical goal or target that the sales team must achieve in a given time frame, usually a month or a quarter.
It is set by the sales manager in consultation with other relevant stakeholders, such as the marketing team and top management. Sales quotas are usually based on sales volume, which is the total amount of sales generated by a salesperson or team.
Sales quotas have several benefits for sales teams and organizations. Firstly, they provide a clear direction towards achieving sales targets. Sales quotas help salespeople to focus on the most important products or services and prioritize their sales efforts accordingly.
Secondly, they help sales managers monitor the performance of the sales team. By comparing actual sales against sales quotas, sales managers can identify areas where salespeople need improvement and provide appropriate training and support. Finally, sales quotas help organizations to forecast sales revenue and allocate resources more effectively.In conclusion, sales quotas are an essential part of effective sales management.
They provide a clear direction towards achieving sales targets, help sales managers monitor performance, and enable organizations to forecast sales revenue more accurately. Sales quotas are usually based on sales volume and are set in consultation with other relevant stakeholders.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answers
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
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how long can a bankruptcy remain on a credit report?