The supply chain is a web of businesses and activities required to gather supplies and other resources, create finished goods, and deliver those goods to consumers.
Define the supply chain.The connection of all the people, businesses, resources, tasks, activities, and technological advancements involved in the production and distribution of a good is known as a supply chain. A supply chain includes every step of the process, from the transfer of raw materials from of the source to the producer to the final distribution to the customer.
How do the seven supply chain functions work?Although the field of supply chain management is very vast, there are seven key functional areas that it revolves around: purchasing, manufacturing, inventory control, sales forecasting, storage, transportation, and customer service.
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A chain of coffee shops has gained a large market share in a big city because customers feel its coffee tastes better than its competitors' coffee.
Number of firms?
a) one
b) few
c) many
Type of product?
a) unique
b) identical
c) differentiated
d) anything
Entry?
a) Easy
b) Challenging
c) Impossible
Market model?
a) monopoly
b) monopolistic competition
c) perfect competition
d) oligopoly
One kind of imperfect competition is monopolistic competition. In the same way that there is perfect competition, many businesses have low entry barriers. However, businesses offer differentiated substitutes that differ in some ways.
There will be a lot of businesses because there is a chain of coffee shops. Customers prefer a single chain's coffee, indicating differentiated offerings. Because there are few barriers to entry, the market model favors monopolistic competition.
Examples of monopolistic competition are provided.Monopolistic competition is a type of market structure in which numerous businesses produce products that are comparable but distinct. Each company operates independently and without regard for the actions of other businesses, so none of them hold a monopoly.
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on july 16, 2021, logan acquires land and a building for $500,000 to use in his sole proprietorship. of the purchase price, $400,000 is allocated to the building, and $100,000 is allocated to the land. cost recovery of $4,708 is deducted in 2021 for the building (nonresidential real estate).
100,000 acres of land, 400,000 square feet of building, and 395,292 square feet of land.
What good is being a solo proprietor?A sole proprietorship is an unincorporated company held by a single person. It is the simplest form of organizational structure. In a sole proprietorship, the owner is the only decision-maker, keeps all the profits, pays back all the losses, and is not given a separate legal identity from the company.
Definition and instances of sole proprietorshipAll debts incurred by the company, however, are the owner's personal responsibility. A local grocery store, a clothing store, an artist, a freelance writer, an IT consultant, a freelance graphic designer, etc. are examples of small enterprises that are sole proprietors.
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A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Assume a periodic inventory system is used. Assuming that the specific identification method is used and that ending inventory consists of 20 units from each of the three purchases and 30 units from the November 1 inventory, cost of goods sold is
$1769
51779
$1791
$1737
Using the specific identification inventory method, the cost of goods sold for Concord Shutters on November 30 is $1,779 (B).
Specific identification inventory method is an inventory tracking system that individually track an inventory from the time it enters the inventory until the time it leaves. Specific identification inventory method allows a company to identify, mark, and track each item of its inventory.
Frorm the case, we know that:
Batch Units Price per unit Inv. value End Inv. End Inv. Value
11/01 Inventory 30 $7.00 $210 30 $210
11/08 Purchase 110 $8.30 $913 20 $166
11/17 Purchase 70 $8.60 $602 20 $172
11/25 Purchase 90 $8.60 $774 20 $172
Total $2,499 $720
To find cost of goods sold, we could use formulation:
COGS = Total inventory values - Ending inventory values
COGS = $2,499 - $720
COGS = $1,779
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Complete Question:
Concord Shutters has the following inventory information,
Nov. 1 Inventory 30 units, each $7.00
8 Purchasse 100 units, each $8.30
17 Purchase 70 units, each $8.60
25 Purchase 90 units, each $8.60
A physical count of merchandise inventory on November 30 reveals that there are 90 units on hand. Assume a periodic inventory system is used. Assuming that the specific identification method is used and that ending inventory consists of 20 units from each of the three purchases and 30 units from the November 1 inventory, cost of goods sold is
a. $1769
b. $1779
c. $1791
d. $1737
Because of the ability to influence price, a pure monopolist can increase price and increase volume of sales simultaneously.a. Trueb. False
Because of the ability to have an impact on price, a pure monopolist can amplify rate and increase volume of income simultaneously.
Because the equilibrium function of a merely aggressive vendor entails an equality of fee and marginal costs, competition produces up to an efficient allocation of economic resources.
How does pure monopoly affect pricing?A monopolistic market is the contrary of a flawlessly aggressive market, in which an endless quantity of companies operate. In a in basic terms monopolistic model, the monopoly firm can restrict output, elevate prices, and experience super-normal income in the lengthy run.
Pure monopoly relates to a kind of market shape with solely one producer or seller of a good, and the top does not have any shut substitutes.
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https://brainly.com/question/29692155#SPJ4A project with an initial cost of $74500 is expected to generate annual cash flows of $16800 for the next 8 years. What is the project's internal rate of return?
The project's internal rate of return is -$74,500 + $16,800 (PVIFA IRR, 8) = .1536 or 15.36% Use an excel sheet.
What is the internal rate of return?Internal rate of return (IRR) is a method of calculating an investment’s rate of return. The term internal refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or financial risk.
The method may be applied either ex-post or ex-ante. Applied ex-ante, the IRR is an estimate of a future annual rate of return. Applied ex-post, it measures the achieved investment return of historical investment.
It is also called the discounted cash flow rate of return (DCFROR) or yield rate.
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In financial analysis, the internal rate of return (IRR) is a statistic used to calculate the profitability of possible investments. Hence IRR is 15.36%.
What is IRR ?IRR is a discount rate that, in a discounted cash flow analysis, reduces all cash flows' net present values (NPV) to zero.
The same formula is used for NPV calculations and IRR calculations. Remember that the project's true financial value is not represented by the IRR. The annual return is what brings the NPV to a negative value.
Computation of IRR
Given
Initial cost = $ 74,500
Annual Cash Flows = $ 16,800
Time = 8 years
[tex]74,500+16,800(PVIFA,8)\\15.36%[/tex]
(Use excel sheet for formula)
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The City of Pawnee offers 5.65 percent coupon bonds with semiannual payments and a yield to maturity of 6.94 percent. The bonds mature in seven years. What is the market price per bond if the face value is $1,000?A) $949.70 B) $929.42 C) $936.48 D) $902.60 E) $913.48
The market price per bond is $57.25.
What is market price?
The market price of a bond is the price at which the bond is currently trading in the market. It is the price that an investor is willing to pay for the bond, taking into account the expected future cash flows from the bond and the current market conditions.
To find the market price per bond if the face value is $1,000, you need to use the bond pricing formula. The bond pricing formula is:
Bond price = CF / (1 + YTM/n)^(nt) + CF / (1 + YTM/n)^((nt)-1) + ... + CF / (1 + YTM/n) + CF / (1 + YTM/n)^(1-n) + FV / (1 + YTM/n)^(t*n)
Where:
CF is the annual coupon paymentYTM is the yield to maturityn is the number of times per year that the bond pays interest (in this case, n = 2 because the bond pays interest semiannually)t is the number of years to maturity (in this case, t = 7)FV is the face value of the bond (in this case, FV = $1,000)Plugging in the values given in the problem, we get:
Bond price = CF / (1 + YTM/n)^(nt) + CF / (1 + YTM/n)^((nt)-1) + ... + CF / (1 + YTM/n) + CF / (1 + YTM/n)^(1-n) + FV / (1 + YTM/n)^(t*n)
= $57.25
Hence, the market price per bond is $57.25.
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Investment income includes gross income from interest, annuities, and royalties not derived in the ordinary course of a trade or business but does not include any income taken into account when calculating income or loss from a passive activity.
true
"Investment income includes gross income from interest, annuities, and royalties not derived in the ordinary course of a trade or business but does not include any income taken into account when calculating income or loss from a passive activity". The following statement is true.
What is investment?⇒ Investments are financial commitments made to acquire assets in the hopes that their value would rise over time. Investment necessitates the loss of a current resource, such as time, money, or effort.
In the world of finance, investing is done in order to profit from the asset being put to use. A gain (profit) or loss realized from the sale of a home or investment, unrealized capital gain (or loss), investment income like dividends, interest, or rental income, or a combination of capital gain and income may all be included in the return. The return may also include foreign exchange gains or losses as a result of shifting exchange rates.
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which of the following companies popularized the use of personal computers? more than one answer may be correct.
IBM PC is the world's largest computer manufacturer, IBM Corporation, didn't enter the new industry until 1981 when it released the IBM Pc, or IBM PC.
What sort of business is IBM?technological firm Information about the Company International Business Machines (IBM) is a technology provider of hybrid cloud & artificially intelligent (AI) solutions. It provides integrated products and solutions that apply information and data technology (IT) to various business processes and industries.
How would you describe IBM?The largest information technology businesses in the world, including IBM (International Business Machines), offer a broad range of hardware, software, and services.
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Given a fixed Phillips Curve with stable and predictable inflation and unemployment rate tradeoffs, it appears that:Correct answer: O an expansionary fiscal policy can shift the curve to the right.O a tight money policy can shift the curve to the right.O manipulating aggregate demand through fiscal and monetary policies has the effect of shifting the curve.O manipulating aggregate demand through fiscal and monetary policies has the effect of causing a movement along the curve.
A fixed Phillips Curve with stable and predictable inflation and unemployment rate tradeoffs, it appears that manipulating aggregate demand through fiscal and monetary policies has the effect of shifting the curve.
The Phillips curve suggests the connection among inflation and unemployment. In the short-run, inflation and unemployment are inversely related; as one amount increases, the opposite decreases. In the lengthy run, there may be no trade-off. The Phillips curve cautioned an easy transition among the two.
As expansionary regulations had been undertaken to transport the financial system out of a recessionary hole, unemployment could fall, and inflation could rise. Policies to accurate an inflationary hole could convey down the inflation fee, however at a fee of better unemployment.
A lower in power prices, an advantageous deliver shock, could purpose the AS curve to shift out to the right, yielding extra actual GDP at a decrease fee level. This could shift the Phillips curve down towards the origin, that means the financial system could enjoy decrease unemployment and a decrease fee of inflation.
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Flotation costs include all of the following, EXCEPT: A) cost of printing shares B) legal and accounting costs C) investment banker fees D) management expense
Flotation costs do not inlude management expense (D).
Flotation cost is incurred when a company issues new securities and expressed as a percentage of the issue price. The amount of flotation cost depends on the amount of money raised. Flotation costs includes underwriting, legal, registration and audit expenses. Flotation costs makes the real value of new equity is lower than its final price.
Flotation cost is correlated with the cost of capital concept since it involves the cost of equity and debt. The company has too consider the impact of flotation costs on how much capital it can raise from the issuance of new securities. Flotation cost is used to calculate a company's cost of new equity.
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a local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. the cost of each bottle to the supermarket is 45 cents, and the cost of placing an order has been estimated at $8.50. assume that holding costs are based on a 25 percent annual interest rate. stock-outs of the shampoo are not allowed. Determine the optimal lot size the supermarket should order and total inventory cost. (15 ponts)
When the inventory level reaches 760 units, a new order should be placed.
What is economic order quantity?The economic order quantity is the smallest amount of inventory that a seller must keep in order to meet demand and reduce holding costs. The reorder point is an inventory management system that uses a specific level of inventory as a trigger for reordering stock.Here given that
350 bottles per month.
An order price $8.50
So the annual demand = 380 * 12
= 4,560
Based on the order cost,
The annual holding cost = $0.45 * 25%
= $0.1125
To find EOQ,
EOQ = √[(2 * 4,560 * $8.50) / $0.1125]
= 830.10
The time between the order placement,
= 830 units / 4,560 units
= 0.182 years
= 2.18 months
The reorder point = 4,560 units * 2/12 (lead time)
= 760 units
A new order have to be placed when the inventory level reaches 760 units.
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Anthony is an employee of a textbook publisher. However, his desire is to establish a home-based business providing his services to a variety of publishers. Anthony's primary motivation is to escape the 9 to 5 world of corporate publishing and to enjoy the opportunity of working for himself. Anthony is an example of a micropreneur.
Anthony is an employee of a textbook publisher. His desire is to establish home-based business providing services to variety of publishers. His primary motivation is to escape 9 to 5 world of and to enjoy opportunity of working for himself; Anthony is an example of a Micropreneur : True.
What is meant by Micropreneur?A micropreneur or microbusiness is the one that operates on very small scale and one with no more than five employees.
Unlike an entrepreneur, micropreneur handles their own sales and marketing. They don't have a dedicated sales team or outsourced marketing firm and due to this, they accept the risk of finding clients on their own.
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Determine the estimated total cost (including fixed and variable costs) and cost per unit of each product, assuming that the salesperson is able to sell 2200 units of Singles salesperson is able to sell 1100 units of HRs
The total cost for Singles is $36,600 and $43,200 for HRs and the cost per unit of singles is $16.64 and $39.27 for HRs.
Fixed Costs
Singles:
Total fixed costs = $15,000 + $4,000 = $19,000
HRs:
Total fixed costs = $22,000 + $8,000 = $30,000
Variable Costs
Singles:
Total variable cost = Unit cost * Units sold== $8 * 2200 = $17,600
HRs:
Total variable cost = Unit cost * Units sold= $12 * 1100 = $13,200
Total Cost
Singles:
Total cost = Fixed cost + Variable cost= $19,000 + $17,600 = $36,600
HRs:
Total cost = Fixed cost + Variable cost= $30,000 + $13,200 = $43,200
Cost per Unit
Singles:
Cost per unit = Total cost/Units sold= $36,600/2200 = $16.64
HRs:
Cost per unit = Total cost/Units sold= $43,200/1100 = $39.27
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Net sales of Thomas Company is $180,600, cost of goods sold is $144,400, selling expenses are $15,200, general expenses are $22,600, and interest expense is $1,500. Which of the following is the net income (loss) of Thomas Company?
A. $36,200
B. $(3,100)
C. $3,100
D. $(1,600)
E. $13,600
Answer: B. $(3,100)
The following is the net income of Thomas Company -$3100.
Solution:
Particulars Amount
Net sales 180600
Cost of goods sold 144400
Selling expense 15200
General expense 22600
Interest expense 1500
Net income/Loss -3100.
Net income also known as net income is calculated as revenue minus cost of goods sold selling general and administrative expenses operating expenses depreciation interest taxes and other expenses. A number that helps investors determine how well an organization's revenues exceed its costs. This number appears on the company's income statement and is also an indicator of the company's profitability.
An operating loss occurs when a company's operating expenses exceed its total profit. Operating loss does not include interest income, interest expense, extraordinary gains or losses, or the impact of gains or losses on equity investments or taxes. These items are below the line meaning they are added or subtracted after the operating loss.
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Which of the following cash transactions are classified as cash inflows from investing activities?Borrowing from bankSale of equipmentSale of buildingSale of investmentsSale of merchandise inventoryAnswer: Sale of equipmentSale of buildingSale of investments
Sales of investment are cash transactions classified as cash inflows from investing activities.
One of the sections on the cash flow statement that details how much money was made or spent on various investment-related activities during a given period is the cash flow from investing activities (CFI). Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.
Negative cash flow frequently signals a company's underwhelming performance. Negative cash flow from investment operations, however, may be the result of considerable sums of money being spent in the long-term success of the business, such as in R&D. The cash flow statement shows how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.
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when a country has a large amount of capital stock, its annual investment in new capital needs to be ___ if it wants to maintain the same level of capital stock because of .___
Over a long period of time, seemingly insignificant variations in the annual rate of economic growth of a few percentage points have a significant impact on GDP per capita.
Physical capital includes things like roads as well as the machinery and equipment needed by businesses (also called infrastructure). Again, more output follows from greater physical capital. The quantity and quality of physical capital can both have an impact on productivity. For example, adding additional computers of the same caliber would enhance physical capital's quantity (same number of computers but the computers are faster, and so on). The accumulation of both physical and human capital is similar: In both situations, investing today will result in increased production over the long term.
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Doug Parker contracts with Robin Hayes. In the contractual agreement, he agrees to sell his wristwatch to her for $500. Doug delivers the wristwatch to Robin, and Robin gives Doug the $500. This contractual agreement is a. executed b.none of these c. void d. executory
This type of contractual agreement is an example of- Executed Contractual Agreement.
Contractual Agreement?A signed agreement that creates a business relationship between two or more parties is known as an executed agreement. Each party promises to uphold the legal duties they agreed upon within the written agreement once the contract is fully executed.
Executed Date- An agreement's execution date is the day on which each party put their signature on a physical copy of the document. The effective date, which designates the moment the contract's agreement becomes legally binding, should not be confused with the execution date.
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during the year, ava purchased a building for her business. Ava's dress shop. The cost of the building, not including the land value, will be deducted:
Answer: down below
Explanation: If Ava purchased a building for her business, the cost of the building can be deducted as a business expense on her tax return. This can help reduce the amount of taxes she owes for the year. The land value, however, is not typically deductible as a business expense. It is important to consult with a tax professional to determine the specific deductions that are available in your situation.
Ava purchased a building for her business over years, rather than all at once. Hence, option C is appropriate.
What is the meaning of business?
The term "business" refers to the method of producing, acquiring, and reselling items to generate income. Additionally, it includes "any activity as well as any enterprise undertaken for profit."
An organization as well as an enterprising entity engaging in commercial, industrial, as well as a professional activities is referred to as a business. Businesses can indeed be for-profit corporations or charitable institutions. Limited liability firms, sole proprietorships, corporations, but also partnerships are among the several types of businesses.
An economic institution known as a business produces and/or distributes goods and services to make money and accumulate wealth. Whatever the type of business entity, such as a sole proprietorship, a Hindu undivided family, or a partnership firm.
A business can profit from the products and services it offers. The word "business" derives from the verb "to be busy," which refers to action. It consistently functions.
Hence, option C is correct.
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Full Question:-
During the year, Ava purchased a building for her business, Ava's Dress Shop. The cost of the building, not including the land value, will be deducted:
The year it is acquired.
The year after it is acquired.
Over years, rather than all at once.
When it is no longer used in business.
in a market-oriented economy, private firms will undertake most of the , and should seek to avoid a long series of large budget deficits that might crowd out such investment.
The majority of physical capital investment in a market-oriented economy would be made by private companies, hence fiscal policy should aim to prevent persistently large budget deficits that might discourage such investment.
How Fiscal Policy Can Improve Technology?The lifeblood of new technology is research and development (R&D) efforts. According to the National Science Foundation, federal expenditures for R&D and physical plant upgrades to various government agencies have stayed at an average of 8.8% of GDP. One-fifth of Americans live in the U.S. Defense and space-focused R&D receives funding. Indirect civilian R&D spending is more likely to benefit the civilian economy than defense-focused R&D, even though it occasionally results in consumer-oriented spinoffs.Direct spending or taxation are two ways that fiscal policy can promote R&D. Government could spend more on R&D conducted in government laboratories and increase federal R&D grants to universities and colleges, nonprofit organizations, and the private sector.Data from the National Science Foundation show that by 2014, the federal portion of R&D expenditures reached $135.5 billion, or about 4% of all budget expenditures for the federal government. Tax incentives are another way that fiscal policy can aid in R&D. These incentives let businesses pay less in taxes while increasing their R&D expenditures.To Learn more About fiscal policy refer To:
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Jorge earns $20 per hour. He works 40 hours per week and takes 2 weeks of paid vacation each year. How much does Jorge
earn per year, assuming that he does not receive overtime pay?
An hourly wage of $20 equates to a yearly salary of $41,600 for someone working 40 hours per week for 52 weeks per year, or $40,000 if you take 2 weeks of unpaid leave (50 weeks per year). These figures are pre-tax, don't take into account for overtime or sick pay and assume you work the same number of hours every week.
The earnings of Jorge per year will be $41600 which includes 52 weeks will be $41600.
What is the arithmetic operator?Arithmetic operators are four basic mathematical operations in which summation, subtraction, division, and multiplication involve.,
As per the given,
Per hour earning = $20
Number of work hours in one week = 40
Total earning per week = 40 x 20 = $800
Number of weeks in one year = 52
Per year earning = 52 x $800 = $41600
Hence "Jorge will make $41600 year or $41600 over the course of 52 weeks".
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Transactions and events that affect net income such as the production and purchase of inventory, the sale of goods and services to customers, and expenditures to run a business are classified as: Multiple Choice A) Financing activities B) Investing activities C) Operating activities D) Direct activities E) Indirect activities
Answer:
Operating Activities.
Explanation:
All the things a company does to bring its products and services to market on an ongoing basis.
Transactions and events affect net income such as the production and purchase of inventory, the sale of goods to customers, and expenditures to run a business are classified as Operating activities .
What is Operating activities?Operating operations are all the things a business undertakes to consistently advertise its goods and services. Non-operating activities are one-time occurrences that may have an impact on sales, costs, or cash flow but are unrelated to the regular, main activity of the firm.
Creating income, covering costs, and providing working capital are all examples of operating operations. It is computed by first calculating a company's net income, then making adjustments for non-cash items and working capital movements.
The appropriate response is option C.
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Which of the following services provides the least assurance regarding the fairness of financial statements?
The Audit provides the least assurance regarding the fairness of financial statements.
What do you mean by Audit ?A physical inventory check is followed by an auditor's review or inspection of various books of accounts to ensure that all departments are using the same documented system of documenting transactions. It's done to make sure the organization's financial accounts are accurate. Internal auditing can be done by staff members or the department head, while external auditing can be done by an outside company or an independent auditor. To guarantee that all books of accounts are completed fairly and there is no misrepresentation or fraud occurring, it is important for an independent authority to check and verify the accounts. Before they declare anything, all publicly traded companies must have an independent auditor audit their records.
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Of the three major environments in a situation analysis (internal, customer, external), which do you think is the most important in a general sense? Why? What are some situations that would make one environment more important than the others?
Answer:
In a general sense, I believe that the customer environment is the most important of the three major environments in a situation analysis. The customer environment consists of all the factors that impact the relationship between a business and its customers, including the needs and preferences of the customers, the quality and availability of the products or services offered by the business, and the competition from other businesses.
I think that the customer environment is the most important because it ultimately drives the success or failure of a business. If a business is unable to meet the needs and preferences of its customers, it will not be able to attract and retain a sufficient number of customers, and therefore will not be able to generate the revenue and profit needed to survive and thrive. On the other hand, if a business is able to understand and respond to the customer environment, it can create a positive and rewarding experience for its customers, which can lead to loyalty, word-of-mouth advertising, and long-term success.
There may be situations in which the other environments are more important than the customer environment. For example, if a business is facing significant internal challenges, such as a lack of funding, poor management, or low morale among employees, these issues may need to be addressed before the business can focus on the customer environment. Similarly, if a business is operating in an external environment that is undergoing rapid and significant changes, such as a shift in consumer preferences, new regulations, or disruptive technologies, the business may need to adapt quickly in order to remain competitive and relevant. In these cases, the internal and external environments may be more important than the customer environment in the short term, but ultimately the success of the business will depend on its ability to respond effectively to the customer environment.
Please help with a good answer I need for this job application!
Answer:
I would be a great candidate for Panera because I will always have a positive attitude and encourage others to do great.
You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-long practice and go to the county fair instead, which has an admission fee of $9.
The total cost (valued in dollars) of skipping practice and going to the fair (including the opportunity cost of time) is___?
The total cost (valued in dollars) of skipping practice and going to the fair (including the opportunity cost of time) is $22.
What is an opportunity cost?
According to microeconomic theory, an activity's opportunity cost is the value or gain that is forfeited in exchange for engaging in that activity as opposed to engaging in an alternative activity. Simply put, it means you forfeit the chance to engage in a different activity if you choose one activity (for instance, an investment). The activity that yields the highest return among all others, net of opportunity costs, is the one that is considered to be the ideal activity. You cannot rent out a car, for instance, if you buy it and use it just for personal transportation. However, if you rent it out, you are not allowed to use it for personal transportation. The best option is to drive yourself if the expense of using public transportation exceeds the benefit of hiring a car. Opportunity cost may be expressed in the following way: "Opportunity Cost = (returns on best Forgone Option) - (returns on Chosen Option" The opportunity cost of mowing one's own lawn for a doctor or a lawyer (who might otherwise make $100 an hour if they chose to work overtime during that time instead) would be higher than for a minimum-wage employee (who in the US might earn $7.25 an hour), making the former more likely to hire someone else to mow their lawn for them.
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You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-long practice and go to the county fair instead, which has an admission fee of $9.
The total cost (valued in dollars) of skipping practice and going to the fair (including the opportunity cost of time) is___?
compute the contribution margin ratio and fixed costs using the following data. sales $ 5,400 variable costs $ 3,024 income $ 440
From given data of sales, variable costs and income we get,
Contribution margin ratio = 44%Fixed cost = $1,936What is contribution margin ratio?The difference between a company's sales and variable costs, represented as a percentage, is the contribution margin ratio.
The total income that can be used to cover fixed costs and turn a profit is represented by an entity's total margin. The ratio, when applied to a single unit sale, expresses the percentage of profit made on that particular sale.
The basis for break-even analysis, which is employed in the overall cost and sales price planning for items, is the contribution margin. A product's selling price range, the expected level of profit from sales, and the structure of sales commissions paid to sales team members, distributors, or commission agents can all be determined using the contribution margin. It also assists in separating out the fixed cost and profit components resulting from product sales.
Given: Sales = $ 5,400, Variable costs $ 3,024, income $ 440
Contribution margin ratio = (Contribution margin/sales) × 100
= $2,376/$5,400 × 100
= 44%
Fixed cost = Contribution - Net income
= $2,376 - $440
= $1,936
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An average service job receives a salary that differs from the salary for an average manufacturing job by
what percentage?
O more than 5 percent
O more than 10 percent
O more than 15 percent
O more than 25 percent
When compared to an average manufacturing job salary, an average service job salary gets paid is option C: more than 15 percent.
Which pays more between manufacturing and services?When it comes to manufacturing and service jobs, we find that manufacturing jobs are paid less than service jobs.
The difference is such that service jobs on average, get paid about more than 15 % more than manufacturing jobs.
This is perhaps because the service industry earns more than the manufacturing industry and so there is more revenue for employers to pay their staff.
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In the context of the metrics used to identify improvements to the operation of supply chains, financial measures:
a. include perfect order fulfillment and perfect delivery fulfillment. b. show how supply chain performance affects the bottom line. c. calculate order fulfillment lead time in supply chains. d. show how quickly goods move through supply chains.
In the context of the metrics used to identify improvements to the operation of supply chains, financial measures show how supply chain performance affects the bottom line. So, option (b) is the relevant option.
Give a brief account on supply chains.In the world of business, a supply chain is a network of facilities that purchases raw materials, transforms them into intermediate goods, and then distributes those commodities to clients. In order to deliver a good or service to a customer, a network of businesses, individuals, tasks, information, and assets is needed. Natural resources, raw materials, and component deliveries are all part of supply chain activities that result in the creation of finished goods and their delivery to the final consumer. Used goods may re-enter the supply chain in complex supply chain systems at any point where the residual value is recyclable.
Value chains are joined by supply chains. In a supply chain, suppliers are frequently ranked according to their "tier," with first-tier suppliers supplying to the client directly, second-tier suppliers supplying to the first tier, and so on.
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Marketing communications allow companies to link their brands to other people, places, events, brands, experiences, feelings, and things.
They can boost sales, have an impact on shareholder value, and contribute to brand equity by making the brand memorable and building a brand image.
Explain in detail.
A small business can create channels for connecting with and communicating with clients by using marketing communication. Keeping in touch opens up opportunities to market goods and services and increase brand recognition.There are two goals for marketing communications. One is to develop and maintain consumer preference and demand for the product. The sales cycle can also be shortened.Advertising, direct marketing, personal selling, public relations, and sales promotion are the top 5 components of marketing communication. Advertising, direct marketing, personal selling, public relations, and sales promotion make up the marketing communication mix's five components.To know more about Marketing here
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Suppose an individual invests $50,000 in a load mutual fund for two years. The load fee entails an up-front commission charge of 4 percent of the amount invested and is deducted from the original funds invested. In addition, annual fund operating expenses (or 12b-1 fees) are 0.65 percent. The annual fees are charged on the average net asset value invested in the fund and are recorded at the end of each year. Investments in the fund return 5 percent each year paid on the last day of the year. If the investor reinvests the annual returns paid on the investment, calculate the annual return on the mutual fund over the two-year investment period.
Answer:5.65
Explanation: hope it helps