Answer:
The answer is below
Explanation:
a) The spread is the difference between the ask and bid price, it is given by:
Spread = ask - bid
The outright quotes are given as:
1 - month forward:
Bid = 1.2573 + 0.0010 = 1.2583
Ask = 1.2599 + 0.0015 = 1.2614
3 - month forward:
Bid = 1.2573 + 0.0014 = 1.2587
Ask = 1.2599 + 0.0015 = 1.2621
1 - month forward:
Bid = 1.2573 + 0.0020 = 1.2593
Ask = 1.2599 + 0.0030 = 1.2629
Bid Ask Spread
1 - month forward: 1.2583 1.2614 0.0031
3 - month forward: 1.2587 1.2621 0.0034
6 - month forward: 1.2593 1.2629 0.0036
b) The spread widen as it spot moves to 6 - month, this can lead to a thinner trading volume.
You wrote a piece of software that does a better job of allowing computers to network than any other program designed for this purpose. A large networking company wants to incorporate your software into its systems and is offering to pay you $461,000 today, plus $461,000 at the end of each of the following six years, for permission to do this. If the appropriate interest rate is 8 percent, what is the present value of the cash flow stream that the company is offering you? (Round factor values to 4 decimal places, e.g. 1.5215 and final answer to 2 decimal places, e.g. 15.25.)
Answer: $2,592,156.90
Explanation:
The payments of $461,000 are constant so this will be an annuity.
The present value of the cashflow being offered will therefore be the $461,000 being paid today plus the present value of the annuity.
Present value of Annuity = Annuity * Present value interest factor for 8%, 6 years.
= 461,000 * 4.6229
= $2,131,156.90
Present Value of cashflow;
= 461,000 + 2,131,156.9
= $2,592,156.90
Biblio Files Company is making plans for its next fiscal year, and decides to sell two new types of bookshelves, Basic and Deluxe. The company has compiled the following estimates for the new product offerings. Type of Bookshelf Sales Price per Unit Variable Cost per Unit Basic $5.00 $1.75 Deluxe 9.00 8.10 The company is interested in determining how many of each type of bookshelf would have to be sold in order to break even. If we think of the Basic and Deluxe products as components of one overall enterprise product called "Combined," the unit contribution margin for the Combined product would be $2.31. Fixed costs for the upcoming year are estimated at $334,950. Recall that the totals of all the sales mix percents must be 100%. Determine the amounts to complete the following
Answer:
The requirements are missing, so I looked for similar questions:
Percent of Sales Mix = Break-Even Sales in Units = Break-Even Sales in Dollars =Type of Bookshelf Sales Price Variable Cost Contribution M.
Basic $5.00 $1.75 $3.25
Deluxe $9.00 $8.10 $0.90
combined contribution margin = $2.31
total fixed costs $334,950
break even point in units = $334,950 / $2.31 = 149,329 units
3.25b + 0.9d = 2.31
I will first try a 50/50 sales mix
(3.25 x 0.5) + (0.9 x 0.5) = 2.075 ⇒ b must be higher
(3.25 x 0.6) + (0.9 x 0.4) = 2.31 ✓
sales mix:
basic = 60% of sales
deluxe = 40% of sales
total = 100%
break-even sales in units =
basic (60% of sales) = 89,598 units
deluxe (40% of sales) = 59,731 units
total = 149,329 units
break-even sales in dollars =
basic 89,598 units x $5 = $447,990
deluxe 59,731 units x $9 = $537,579
total = $985,569
Tariff effects: An overview
Consider two hypothetical countries, Alagir and Ertil. Both countries produce iGadgets, and the price of iGadgets is lower in Alagir than in Ertil. If Alagir and Ertil open to trade, producers in would be more likely to lobby their government for an import tariff on iGadgets in order to protect themselves from foreign competition.
Which of the following statements about the effects of the tariff compared to free trade are correct?
A. In Alagir, workers in iGadget importing companies lose their jobs.
B. In Ertil, some workers at retail and shipping companies that import iGadgets lose their jobs.
C. In Ertil, consumers pay more for the domestic iGadgets.
D. In Ertil, workers in iGadget importing companies see more jobs available to them.
E. In Ertil, producers of iGadgets are willing to expand output.
Answer:
The answer is "Option E, Option B, and Option C".
Explanation:
There are two Alagir and Ertil nations, and both iGadgets are created by the nations. Its price throughout the world was lower than in the world, and the manufacturers in Ertil will be more likely to ask their government for just a tariff on iGadgets to protect them against the international competition so because the cost in the nation is higher and consumers are starting to import goods from the country.
Madtack Company’s beginning and ending inventories for the month of July are
July 1 July 30
Direct materials $ 67,000 $ 62,000
Work-in-process 145,000 171,000
Production data for the month of July follows:
Direct labor $200,000
Direct materials purchased 163,000
Madtack has one overhead cost account and assigns overhead to production based on direct labor cost. The predetermined allocation rate is 0.7. The company formally reconciles over- or underapplied overhead at year end.
What are the costs of good manufactured for July?
The trial balance of Rollins Inc. included the following accounts as of December 31, 2021:_______.
Debits Credits
Sales revenue 5,900,000
Interest revenue 40,000
Loss on sale of investments 10,000
Loss on debt investments 160,000
Gain on projected benefit obligation 260,000
Cost of goods sold 4,400,000
Selling expense 400,000
Restructuring costs 190,000
Interest expense 20,000
General and administrative expense 300,000
The loss on debt investments represents a decrease in the fair value of debt securities and is classified as part of other comprehensive income. Rollins had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%.
Required:
Prepare a 2021 separate statement of comprehensive income for Rollins Inc. (Amounts to be deducted should be indicated with a minus sign.)
Answer:
Rollins Inc.
ROLLINS INC.
Statement of Comprehensive Income
For the year ended December 31, 2021:
Sales revenue $5,900,000
Cost of goods sold -4,400,000
Gross profit $1,500,000
Selling expense 400,000
General and administrative expense 300,000 -700,000
Operating Income $800,000
Interest revenue 40,000
Interest expense -20,000 20,000
Income before taxes $820,000
Income tax (25%) -205,000
Income after tax $615,000
Other comprehensive income:
Gain on projected benefit obligation 260,000
Restructuring costs -190,000
Loss on sale of investments -10,000
Loss on debt investments -160,000 -100,000
Other comprehensive income $515,000
Explanation:
Data and Calculations:
Trial Balance as of December 31, 2021:
Debits Credits
Sales revenue 5,900,000
Cost of goods sold 4,400,000
Interest revenue 40,000
Interest expense 20,000
Loss on sale of investments 10,000
Loss on debt investments 160,000
Gain on projected benefit obligation 260,000
Selling expense 400,000
Restructuring costs 190,000
General and administrative expense 300,000
Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $350 petty cash fund on September 9. On September 30, the fund shows $104 in cash along with receipts for the following expenditures: transportation-in, $40; postage expenses, $123; and miscellaneous expenses, $80. The petty cashier could not account for a $3 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $400.
Answer:
1.September 09
Dr Petty cash 350
Cr Cash 350
2. September 30
Dr Merchandise inventory 40
Dr Postage expense 123
Dr Miscellaneous expenses 80
Dr Cash short and over 3
Cr Cash 246
3. Dr Petty cash 50
Cr Cash 50
Explanation:
Preparation of Journal entries
1. Preparation of September 9 Journal entry to establish the fund
September 09
Dr Petty cash 350
Cr Cash 350
2. Preparation of September 30 Journal entry to reimburse the fund
September 30
Dr Merchandise inventory 40
Dr Postage expense 123
Dr Miscellaneous expenses 80
Dr Cash short and over 3
Cr Cash 246
(40+123+80+3)
3. Preparation of October 1 Journal entry to increase the fund to $400.
October 01
Dr Petty cash 50
Cr Cash 50
($400-$350)
Variable Costing—Sales Exceed Production The beginning inventory is 14,500 units. All of the units that were manufactured during the period and 14,500 units of the beginning inventory were sold. The beginning inventory fixed manufacturing costs are $60 per unit, and variable manufacturing costs are $114 per unit. a. Determine whether variable costing income from operations is less than or greater than absorption costing income from operations. b. Determine the difference in variable costing and absorption costing income from operations. $
Answer:
a. Variable costing income from operations is greater than absorption costing income from operations.
b. $870,000
Explanation:
a. Under Variable costing, only the variable manufacturing costs are apportioned to the units produced.
Cost under Variable costing are;
= 114 * 14,500
= $1,653,000
Under Absorption Costing, both fixed and variable costs are apportioned to the units produced.
Cost therefore is;
= (114 + 60) * 14,500
= $2,523,000
Variable costing income from operations is greater than absorption costing income from operations because Absorption costs yields more cost.
b.= Absorption cost - Variable cost
= 2,523,000 - 1,653,000
= $870,000
Variable costing income from operation will be $870,000 higher than Absorption costing income from operations.
Raw Materials Inventory Begin. Inv. 12,400 Purchases 47,000 Avail. for use 59,400 DM used 50,000 End. Inv. 9,400 Work in Process Inventory Begin. Inv. 15,800 DM used 50,000 Direct labor 33,300 Overhead 69,000 Manuf. costs 168,100 Cost of goods manuf. 155,200 End. Inv. 12,900 Finished Goods Inventory Begin. Inv. 17,800 Cost of goods manuf. 155,200 Avail. for sale 173,000 Cost of Goods Sold 152,500 End. Inv. 20,500 Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year.
Answer:
Results are below.
Explanation:
Giving the following information:
Direct Material used= 50,000
Work in Process Inventory Begin. Inv. 15,800
Direct labor 33,300
Overhead 69,000
WIP End. Inv. 12,900
To calculate the cost of goods manufactured, we need to use the following formula:
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 15,800 + 50,000 + 33,300 + 69,000 - 12,900
cost of goods manufactured= $155,200
Finished Goods Inventory Begin. Inv. 17,800
Finished Goods Inventory End. Inv. 20,500
To calculate the cost of goods sold, we need to use the following formula:
COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory
COGS= 17,800 + 155,200 - 20,500
COGS= $152,500
Assume that MTA Sandwiches sells sandwiches for $7.20 each. The cost of each sandwich follows. Materials $ 2.70 Labor 0.90 Variable overhead 0.45 Fixed overhead ($10,800 per month, 6,000 units per month) 1.80 Total costs per sandwich $ 5.85 One of MTA’s regular customers asked the company to fill a special order of sandwiches at a selling price of $5.40 each for a fund-raising event sponsored by a social club at the local college. MTA has capacity to fill it without affecting total fixed costs for the month. MTA’s general manager was concerned about selling the sandwiches below the cost of $5.85 and has asked for your advice. Required: a. Prepare a schedule to show the impact on MTA’s profits of providing 400 sandwiches in addition to the regular production and sales of 6,000 sandwiches per month. b. Based solely on the data given, what is the lowest price per sandwich at which the special order can be filled without reducing MTA’s profits?
Answer:
MTA Sandwiches
a. A Schedule:
Special Order Regular Production Total
Total contribution $540 $18,900 $19,440
Fixed overhead 0 10,800 10,800
Profit $540 $8,100 $8,640
Profits increased by $540 with the special order.
b. The lowest price per sandwich at which this special order of 400 sandwiches can be filled without reducing MTA's profits is $4.05. This is equal to the unit variable cost. At this price, neither profit will be generated nor loss incurred from the special order.
Explanation:
a) Data and Calculations:
Cost of each sandwich:
Materials $ 2.70
Labor 0.90
Variable overhead 0.45
Fixed overhead
($10,800 per month,
6,000 units per month) 1.80
Total costs per sandwich $ 5.85
b) Computation of total profit for special order and regular production:
Special Order Regular Production Total
Selling price = $5.40 7.20
Variable (Relevant) cost:
Materials $ 2.70
Labor 0.90
Variable overhead 0.45 $4.05 $4.05
Contribution per unit $1.35 $3.15
Total contribution ($1.35*400) $540 $18,900 ($3.15*6,000) $19,440
Fixed overhead 10,800
Profit $8,640
Robert Plant deposits $25 each month into a savings account that pays 4.0% annual interest. How much will be in the account after 36 months, if interest compounds monthly
Answer:
FV= $953.97
Explanation:
Giving the following information:
Monthly deposit= $25
Interest rate= 0.04/12= 0.0033
Number of periods= 36
To calculate the future value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {25*[(1.0033^36) - 1]} / 0.0033
FV= $953.97
A faculty member is retiring, and a committee has been established to select a replacement. HR conducts candidate recruitment, and the selection committee proceeds through the interview process. However, the dean has already made the decision to select David, one of his friends who is in the interview pool, for the open position. Since David is not fully qualified for the position, the dean rewrites the job description to fit David’s qualifications. Discuss the ethics of this situation using the distributive justice framework of moral principles.
Answer:
The dean has violated the brights of other members to be picked for the violation through this act of favoritism.
Explanation:
This dean has gone ahead to rewrite David's description. By so doing he has altered the job description to favor david. This shows a bias to David in the side of this dean thereby causing him to violate the act that says that there should be no discrimination or bias of my form.
Rewriting the job description to favor david is against the ethics of the distributive justice framework which says that the distribution of goods in a society must be done In an equitable manner for all. 2 principles of this are applicable here. The rights based justice and also the legal justice. Rights based justice demands that the rights of people bare respected which the dean has clearly also violated.
Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department: Units: Beginning Inventory: 43,000 units, 100% complete as to materials and 60% complete as to conversion. Units started and completed: 146,000. Units completed and transferred out: 189,000. Ending Inventory: 39,000 units, 100% complete as to materials and 30% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $61,000. Costs in beginning Work in Process - Conversion: $66,850. Costs incurred in February - Direct Materials: $409,400. Costs incurred in February - Conversion: $617,150. Calculate the cost per equivalent unit of materials.
Answer: $2.06
Explanation:
Material Cost in Beginning work in process = $61,000
Material cost incurred in February for materials = $409,400
Total Material cost = 61,000 + 409,400
= $470,400
Units completed and transferred out were 189,000.
Ending inventory is 39,000 and 100% complete in relation to materials so will count towards materials.
Equivalent Material units = 189,000 + 39,000
= 228,000 units
Cost per equivalent unit of materials = Total material cost/ Equivalent Material units
= 470,400/228,000
= $2.06
This article (Links to an external site.) suggests, based on significant evidence, that competition in US markets is not only constrained, but is becoming less so, as fewer companies dominate business (Links to an external site.). The high profits and rising stock markets we have seen recently are significantly linked to this, rather than to a more competitive economy. Our model of Supply & Demand is based on a model of perfectly competitive markets. If our markets are not competitive, how does that affect this model? Read the first article and the full Introduction (at least) to the Brookings study. Submit your answer in the box. It should be a few paragraphs long and include a reference to an additional academic-level outside evidence to back up what you are saying.
Answer:
Follows are the solution to this question.
Explanation:
When economies aren't truly competitive, it can have a different monopoly or oligopoly or a monopoly competition, which leads to greater productivity or decreased level and barriers to access and excessive consumer spending than that of the aggregate supply, which causes price rises, and also inflation. It is the result of the fact, that economies are not fully efficient. Consequently, fewer companies control and divest of small and new players with reduced cash flows. Mostly as result, the fundamentals of market forces are changed by technology, fast-generation immigrant advantage, and sustainable supply, that centralizes market structures ever further.
REFRESH Produce is a distributor of fresh produce. They conducted a thorough analysis of its market and identified groups of consumers that had similar product-related needs. One particular market identified wanted fresh and unique produce, such as Swiss chard, radicchio, and exotic fruits, and they were willing to pay higher prices for these choices. REFRESH Produce decided to focus its marketing effort on this segment of the total market. This segment is REFRESH Produce's
Answer:
D. target market
Explanation:
The target market can be identified as the group of people that the company has identified as potential consumers of its products or services, based on its similar characteristics, such as preferences and needs, aligned with the purpose of a product or service.
After identifying its target market, the company will focus its marketing efforts on that group of consumers to promote its business and become competitive and profitable in the market.
It is essential that the company develops personalized marketing to attract and retain potential consumers, using marketing strategies such as the marketing mix and the four pillars of product, price, market and promotion, in order to balance the company's marketing forces by promoting products and making available in the target market with elements that attract the attention and consumer desire for your product or service.
The following transactions occurred at the Daisy King Ice Cream Company.
1. Started business by issuing 10,000 shares of common stock for $26,000.
2. Leased a building for three years at $560 per month and paid six months' rent in advance.
3. Purchased equipment for $6,000, signing a two-year, 12% note.
4. Purchased $2,400 of supplies on account.
5. Recorded cash sales of $1,400 for the first week.
6. Paid weekly salaries, $620.
7. Paid for supplies purchased in item (4).
8. Recorded depreciation on equipment, $80.
9. Signed a franchise agreement to pay royalties of 5% of sales.
10. Paid royalites due on 1st weeks sales.
Required:
Prepare journal entries to record each of the transactions listed above.
Answer:
Please find the attached file.
Explanation:
Kal Tech Engineering Systems is considering buying a CNC machining center for its operation in Tennessee. The net benefits in the first year is estimated to be $40,000 and increasing at the rate $5,000 for the next four years and stays at the same level as that of year 5 for the next 5 years. If MARR is 8%, determine the amount of money that the company can invest justifying on this machining center. A salvage value of 20% of the initial cost is reasonable to assume at the end of year 10.
Answer:
If investment amount is at most equals to $396,311.20 then this project is justifiable.
Explanation:
Lets find Present worth of this project so that this calculated present worth amount equals to the amount of money that the company can invest
Present worth of project = Sum of discounted future cash flow over the life of project = PW of Benefits + PW of Salvage value
X=(40000/1.08)+(45000/1.08^2)+(50000/1.08^3)+(55000/1.08^4)+(60000/1.08^5)+(60000/1.08^6)+(60000/1.08^7)+(60000/1.08^8)+(60000/1.08^9)+(60000/1.08^10)+(0.2X/1.08^10)
X=359612.8+0.2X/(1.08^10)
X=359612.8+0.0926X
0.9074X=359612.8
X = 359612.8/0.9074
X = 396311.2
Conclusion: if investment amount is at most equals to $396311.2 then this project is justifiable
arret Company has provided the following selected information for the year ended December 31, 2019: Cash collected from customers was $783,000. Cash received from stockholders in exchange for common stock totaled $91,000. Cash paid to suppliers was $361,000. Cash paid to employees was $204,000. Cash to stockholders for dividends was $33,000. Cash received from sale of a building was $250,000. Cash paid for store rent was $39,000. Cash received for interest and dividends was $7,000. Cash paid for income taxes was $55,000. Based on the selected information provided, how much was Garret's cash flow from operating activities?
Answer:
Cash flow from operating activities = $131,000
Explanation:
Cash flow from operating activities = Collected from customers - Cash paid to suppliers - Cash paid to employees - Cash paid for store rent + Cash received for interest and dividends - Cash paid for income taxes
Cash flow from operating activities = $783,000 - $361,000 - $204,000 - $39,000 + $7,000 - $55,000
Cash flow from operating activities = $131,000
According to the article, companies that have successfully used the discrimination and fairness paradigm to increase their demographic diversity.
a. are usually run by leaders who value due process and equal treatment of all employees
b. are usually run by leaders who have top-down directives
c. to enforce initiatives often have entrenched, easily observable cultures operate in a business environment where there is increased diversity among customers, clients, or the labor pool
Answer: a, b and c.
Explanation:
The article in question is the Harvard Business Review article titled Making Differences Matter: A New Paradigm for Managing Diversity by David A. Thomas and Robin J. Ely.
In this article, the logic that diversity in employment apart from it being the moral and legal way to do things, is also good for business is explored.
It is shown that companies that have been able to successfully use the discrimination and fairness paradigm to increase their demographic diversity were usually run by effective leaders who valued due process and equality in the treatment of their employees and they had top-down directive issuing power which they used to enforce their view.
The organizations also often have entrenched, easily observable cultures.
differences between a small office and a big office
Answer:
one is bigger and the other one is smaller
A local radio station gives away concert tickets at random times everyday to reward listeners. What schedule of reinforcement are they using?
a. fixed interval
b. variable interval
c. fixed ratio
d. variable ration
Answer:
b. variable interval
Explanation:
Schedules of reinforcement based on lapsed time are known as interval schedules. They are either fixed-interval or variable-interval schedules.
Variable-interval schedules provide reinforcement/reward after random time-interval. The interval of time is irregular but revolves around some average length of time. Reinforcement is therefore dispensed unevenly within a stated period.
Item 6Item 6 On July 15, 2018, Ortiz & Co. signed a contract to provide EverFresh Bakery with an ingredient-weighing system for a price of $90,000. The system included finely tuned scales that fit into EverFresh's automated assembly line, Ortiz's proprietary software modified to allow the weighing system to function in EverFresh's automated system, and a one-year contract to calibrate the equipment and software on an as-needed basis. (Ortiz competes with other vendors who offer ongoing calibration contracts for Ortiz's systems.) If Ortiz was to provide these goods or services separately, it would charge $60,000 for the scales, $10,000 for the software, and $30,000 for the calibration contract. Ortiz delivered and installed the equipment and software on August 1, 2018, and the calibration service commenced on that date. Assume that the scales, software and calibration service are viewed as one performance obligation. How much revenue will Ortiz recognize in 2018 for this contract?
Answer: $74,250
Explanation:
Ortiz put the individual goods together and so charged lower. The amount will need to be apportioned based on the amount they will charge had they sold the goods individually.
Total if sold individually;
= 60,000 + 10,000 + 30,000
= $100,000
Scales;
= (60,000/100,000) * 90,000
= $54,000
Software;
= (10,000/100,000) * 90,000
= $9,000
Calibration;
= (30,000/100,000) * 90,000
= $27,000
The Calibration service is for a year and commenced on August 1, and the year ended December 31 so Ortiz would have to account for a year given those 5 months alone.
= 27,000 * 5/12
= $11,250
The total revenue recognized in 2018;
= 54,000 + 9,000 + 11,250
= $74,250
Which of the following is an example of nonverbal communication?
Answer:
Some examples of Nonverbal: Facial expressions. The human face is extremely expressive, able to convey countless emotions without saying a word, Body movement and posture, Gestures, Eye contact, Touch, Space, Voice, Pay attention to inconsistencies.
Explanation:
Nonverbal communication refers to gestures, facial expressions, tone of voice, eye contact (or lack thereof), body language, posture, and other ways people can communicate without using language.
Answer: INCOMPLETE QUESTION
Which of the following is an example of effective nonverbal communication?
A. Remaining close to the person's face when relaying a message.
B. Using a chart to point to text and images.
C. Avoiding facial expressions like frowning or nodding.
D. Paying attention to what's going on in the room.
The answer is B for A-P-E-X users.
A publication's final deadline for supplying printing material for an advertisement is a ________________?
A. on sale date
B. Cover date
c. Closing date
D.Birth date
Answer:
c. Closing date
Explanation:
No advertisement is accepted for the next edition after the Closing Date. For an ad to run after this date, the publisher has to issue written permission. Cancellations are also not accepted after this date. Unless otherwise agreed, clients are expected to make full payments for the ad by the end of the closing date.
The on-sale date is the day the issue is expected at the newsstand for customers to buy.
Western Athletic Club International (WACI) owns and operates a chain of fitness clubs and is interested in estimating the CLV for new memberships. Practically all of WACI's costs are fixed costs. Meaning that, when a member pays his or her monthly dues, there are no variable costs associated with that payment and all the revenues go toward covering the fixed costs of the business (facilities, salaries, equipment, etc.) WACI's monthly membership dues are $78 per person. The average member keeps his or her membership active for 26 months. In addition to membership, WACI also offers personal training services through a staff of independent athletic trainers. WACI and the trainer split the fees associated with personal training 50/50. Historically, 15% of members choose to use a personal trainer for, on average, 30 training sessions. Sessions with a personal trainer are priced at $40 each.
Required:
a. What is the monthly margin generated by a new membership (don’t include training)?
b. What is the CLV to WACI on the membership component?
c. What is the CLV of the personal training component for a member who chooses to hire a trainer?
d. What is the total CLV for a new member?
e. What would be the net value of implementing a program that doubled the likelihood that a person would hire a personal trainer?
Answer:
a. What is the monthly margin generated by a new membership (don’t include training)?
$78, since there are no variable costs
d. What is the total CLV for a new member?
the average purchase value = $78 + (15% of customers x 30/26 sessions per month x 50% earnings x $40 per session) = $78 + $3.46 = $81.46
the average purchase frequency = 1 per month
average customer value = $81.46 / 1 = $81.46
average customer lifespan = 26 months
customer lifetime value = average customer value x average customer lifespan = $81.46 x 26 = $2,118
b. What is the CLV to WACI on the membership component?
$78 x 26 = $2,028
c. What is the CLV of the personal training component for a member who chooses to hire a trainer?
$3.46 x 26 = $89.96
e. What would be the net value of implementing a program that doubled the likelihood that a person would hire a personal trainer?
$3.46 per customer, same as the CLV of the personal training component
a.
The monthly margin generated by a new membership is $78 because there are no variable costs
b.
The CLV to WACI on the membership component is
= $78 × 26
= $2,028
c.
the CLV of the personal training component for a member is
= $3.46 × 26
= $89.96
d. The CLV for a new member is
The average purchase value = $78 + (15% of customers × 30/26 sessions per month × 50% earnings × $40 per session)
= $78 + $3.46
= $81.46
the average purchase frequency = 1 per month
average customer value = $81.46 / 1 = $81.46
average customer lifespan = 26 months
So,
customer lifetime value
= average customer value x average customer lifespan
= $81.46 × 26
= $2,118
e. The net value should be
$3.46 per customer, similar to the CLV of the personal training component
Learn more: https://brainly.com/question/17961582?referrer=searchResults
Benny is the manager of an office-support business that supplies copying, binding, and other services for local companies. He must replace a worn-out copy machine that is used for black-and-white copying. He is considering two machines, and each of these has a monthly lease cost plus a cost for each page that is copied. Machine 1 has a monthly lease cost of $619, and there is a cost of $0.040 per page copied. Machine 2 has a monthly lease cost of $685, and there is a cost of $0.025 per page copied. Customers are charged $.12 per page copied. If Benny expects to make 75,000 copies per month, what would be the monthly cost for each machine
Answer:
Results are below.
Explanation:
Giving the following information:
Machine 1:
Monthly lease cost of $619
Cost per page= $0.040
Machine 2:
Monthly lease cost of $685
Csot per page= $0.025
First, we need to structure the total cost formula for each machine:
Machine 1:
Total cost= 619 + 0.04x
Machine 2:
Total cost= 685 + 0.025x
Now, the cost of 75,000 pages:
Machine 1:
Total cost= 619 + 0.04*75,000= $3,619
Machine 2:
Total cost= 685 + 0.025*75,000= $2,560
Three Square Market, a Wisconsin-based tech firm, made headlines after they offered implantable microchips to its employees. The controversy highlights a generational divide, with younger generations being less concerned about privacy and much more open to sharing their lives. The move to place technology inside of employees raises concerns about data privacy issues, the lack of legislation around the technology, and the long-term health implications for our bodies.
Answer:
True.
Explanation:
Although the implantation of microchips in humans is a great technological advance that is gradually being added to our society, this technology raises many concerns that are the main causes of rejection of this technology.
Many people reject the placement of bio microchips for religious reasons, but in addition, there is no type of legislation that regulates these processes which can result in abuse, invasion of privacy and other illegal issues. Finally, many people complain about the lack of information about the physical, chemical and biological consequences that a body with microchips can have.
2. The buyer's prepaid expense is the seller's
Which revenue?
Answer:
Unearned revenue
Explanation:
Unearned revenue is money that a business has received for goods and services that it will deliver later. It is not yet revenue in a business sense because the activity that makes revenue be recognized has not yet happened. Unearned revenue is also known as deferred revenue. It is recorded as a liability by the supplier.
Unearned revenue may arise due to prepayment for goods and services, initial deposits when purchasing property, and subscription fees for magazines, TV, and clubs.
When you go to stores or restaurants such as Burger King, Starbucks, or McDonald’s, are you paying for the food, the experience, or both? Explain.
Answer:
Both
Explanation:
I pay for both because I like having a nice environment to enjoy my meal or drinks in. I like starbucks the most becasuse I can sit there with a coffee and a snack and enjoy the space around me. They are always pleasant there.
Which examples demonstrate tasks commonly performed in Printing Technology jobs? Check all that apply.
Curtis writes articles for a local newspaper.
Opal creates a schedule for all the printing press projects lined up for a facility.
Ramona writes a long novel.
Natasha assigns articles to Reporters and Correspondents.
Glenn uses computer software to prepare a document for publishing.
Theo sews together bindings for books.
Answer:
2,5,6
Explanation:
Answer:
-Opal creates a schedule for all the printing press projects lined up for a facility.
-Glenn uses computer software to prepare a document for publishing.
-Theo sews together bindings for books.
Explanation:
or 2,5,6
_______ policy involves government changes to spending or taxation to affect the economy.
Budgetary
Fiscal
Inflation
Monetary
Answer:
The answer is B: Fiscal
Explanation:
Fiscal policy involves changes in the overall government spending and/or the overall level of taxation and the budgetary position.
Edge2020
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Fiscal policy involves government changes to spending or taxation to affect the economy.
What is Fiscal policy?Fiscal policy occurs when government make use o policies like tax to increase or improve the nations economy.
The spendings of the government can also be used as a policy to improve the economy.
Therefore, Fiscal policy involves government changes to spending or taxation to affect the economy.
Learn more on fiscal policy here,
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