For every customer they run a campaign for, Watershed may anticipate making a profit of $26.
What is the typical raise following a promotion?Promotional raises within the same organisation normally total around 3%, while a person switching companies can anticipate a pay boost of between 10% and 20%. Also, you might get a promotion without a corresponding pay raise.
How do you determine the promotional percentage?Take the total number of promotions within a specific time period and divide it by the total number of employees to determine the promotion rate. To get the proportion of employees who were promoted, multiply the result by 100. Once the number has been computed, you can start to delve more deeply into its meaning.
To know more about profit visit:-
https://brainly.com/question/15036999
#SPJ1
A ——- is a set of activities which are networked in an order and aimed towards achieving its goals.
Answer:
A project
Explanation:
A project is a set of activities which are networked in an order and aimed towards achieving the goals of a project.
Steven just deposited $10,000 in a bank account that has a 12 percent nominal interest rate, and the interest is compounded monthly. Steven also plans to contribute another $10,000 to the account one year (12 months) from now and another $20,000 to the account two years from now. How much will be in the account three years (36 months) from now?
After 36 months, the account will have a balance of almost $49,760.89.
What will the balance be in the account in three years (or 36 months)?We can utilize the compound interest formula to find a solution to this issue:
A = P * (r/n + 1)(n*t)
where A is the total sum
P equals the principal sum (the initial deposit)
r is equal to the nominal yearly interest rate (as a decimal)
n represents how many times the interest is compounded annually.
T is the current time (in years)
Applying this formula, the balance in the account after 36 months can be determined as follows:
Within the first 12 months:
A1 = 10,000 * (1 + 0.12/12)^(12*1) = 11,268.25
Steven will put $10,000 to the account after the first year, making the new principal for the following year:
P2 = 10,000 + 11,268.25 = 21,268.25
12 months into the second year:
A2 = 21,268.25 * (1 + 0.12/12)^(12*1) = 24,015.41
Steven will deposit $20,000 to the account after the second year, making the new principal for the third year:
P3 = 20,000 + 24,015.41 = 44,015.41
Three years and twelve months later:
A3 = 44,015.41 * (1 + 0.12/12)^(12*1) = 49,760.89.
To know more about interest rate visit:
https://brainly.com/question/18685261
#SPJ1
Henrico County (suburban Richmond) is in the process of constructing a
17,000-seat arena and convention center that will have accompanying commercial developments, condos, apartments, etc. It is labeled “Green City” and will cost $2.3 billion.Several hundred million dollars of public funds will be used to help pay for the arena portion of the project. (a) Under what circumstances will this investment of public funds pay off for Henrico County? (b) What does empirical evidence on past investments have to say here
(a) Henrico County will benefit from the public investment in the Green City project if it generates improved economic growth and tax income for the county. The project may boost local property values, draw businesses and tourists.
(b) What do empirical findings from prior investments have to say about this?(b) Based on empirical data from prior investments, it appears that the success of a project like Green City is not assured. Public monies have frequently been utilized to support significant development projects, such sports stadiums and convention centres, that in the end fell short of providing the anticipated economic advantages. According to research, the economic impact of these initiatives is sometimes overestimated, with developers and other private interests benefiting disproportionately more than the local population.
For instance, according to a research by economists Victor Matheson and Robert Baade, new sports stadiums and arenas do not significantly increase the local economy or create jobs. "Public subsidies for professional sports facilities are not justifiable on the grounds of local economic development," they declared in their conclusion.
To know more about investment visit:
https://brainly.com/question/29978853
#SPJ1
Case Study - Leadership Qualities
Brad was chosen for a management training program at the bank. As part of the training, he spent a month as temporary manager of a small branch of the bank. A supervisor observed and evaluated his performance.
Brad was determined to do well and show everyone he was a leader. He made sure he knew all the rules and regulations. He even added a few of his own. He decided, for one thing, that women could not wear pants suits. When they asked for his reason, he said he just felt that women's pants suits did not fit the bank's image.
He was at work early every morning. He made it a point to check everyone in. If anyone was even a few minutes late, Brad would criticize that person in front of the whole staff. He knew that this was embarrassing, but he felt it served as a good warning to the others.
Some of the tellers in the branch were older employees who had been there for many years. To prove he was boss and not afraid of them, Brad made these senior employees change the way they did several things.
"You do it like this because I say so," he replied when some of the tellers tried to question him about the reason for the changes.
To demonstrate that he was alert and on top of things, Brad kept an eye on the tellers and watched what they did. If he did not like something, he did not hesitate to say so and correct the teller, even if a customer was there.
Brad felt that he had to assert himself and let everyone know who was running things. When the training program ended, he was surprised that he was not promoted to permanent manager.
What is the real problem?
What are the important facts to consider in this problem?
What solutions to this problem can you think of? Describe a few.
What would happen if the solutions you suggested were followed? Explain the results of each solution you described.
Of the solutions you described, which would you recommend? Why?
The answer of the given question are given below by understanding the given Case study
The real problem in this case is that Brad's approach to leadership is authoritarian, inflexible, and disrespectful. He is more concerned with asserting his authority and demonstrating his power than building relationships with his team, encouraging collaboration, or improving the branch's performance.
Important facts to consider in this problem include Brad's attitude towards his team members, his lack of willingness to listen to others, and his obsession with rules and regulations. Additionally, it is crucial to consider the impact of Brad's behavior on team morale, productivity, and customer satisfaction.
Solutions to this problem could include:
Coaching: Brad could benefit from coaching or mentoring to help him understand the importance of leadership qualities like empathy, listening, and collaboration.
Feedback: Providing Brad with feedback about his behavior and its impact on his team could help him understand the need to modify his approach.
Training: Brad could benefit from training on leadership styles and effective communication to help him develop a more collaborative approach.
If these solutions were followed, the coaching and feedback would help Brad understand the importance of building relationships with his team members, empowering them, and encouraging collaboration. The training would provide him with new skills and techniques that would help him to modify his leadership style to become more effective.
Of the solutions described, coaching and feedback would be the most effective in helping Brad develop the necessary leadership qualities. These solutions would help him to understand that leadership is not just about power and control, but also about building relationships, empowering others, and working collaboratively towards common goals"
To know more about
https://brainly.in/question/695750
When an EMT first questions a patient, what are they MOST directly trying to understand?
A.
the patient’s insurance information
B.
the patient’s basic information, like name and age
C.
the patient’s current symptoms
D.
the patient’s knowledge of what happened
what is the answer to two plus two minus three
The answer to 2+2-3 is 1.
Their are 2 methods to solve this.
1st method:
2+2=4 then4-3=1.2nd method:
+2-3=-1 then+2-1=1.Pappy’s Potato has come up with a new product, the Potato Pet (they are freeze-dried to last longer). Pappy’s paid $120,000 for a marketing survey to determine the viability of the product. It is felt that Potato Pet will generate sales of $835,000 per year. The fixed costs associated with this will be $204,000 per year, and variable costs will amount to 20 percent of sales. The equipment necessary for production of the Potato Pet will cost $865,000 and will be depreciated in a straight-line manner for the 4 years of the product life (as with all fads, it is felt the sales will end quickly). This is the only initial cost for the production. Pappy’s has a tax rate of 23 percent and a required return of 13 percent. Calculate the payback period, NPV, and IRR. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16. Enter your IRR answer as a percent.)
Answer:
NPV: $84,659.21
Payback Period: less than 1 year
IRR: 32.17%
Explanation:
To calculate the payback period, we need to find out how long it will take to recover the initial investment of $120,000. We will do this by calculating the annual cash flows until the initial investment is fully recovered.
First, let's calculate the annual cash flows for each year:
Year 0:
-Initial investment: -$120,000
Year 1:
-Sales: $835,000
-Variable costs: $167,000 (20% of sales)
-Fixed costs: $204,000
-Depreciation: $216,250 ($865,000 / 4 years)
-EBT (Earnings before taxes): $247,750 ($835,000 - $167,000 - $204,000 - $216,250)
-Taxes: $56,972 (23% of $247,750)
-Net Income: $190,778 ($247,750 - $56,972)
-Annual Cash Flow: $311,028 ($190,778 + $120,000)
Year 2:
-Sales: $835,000
-Variable costs: $167,000
-Fixed costs: $204,000
-Depreciation: $216,250
-EBT: $247,750
-Taxes: $56,972
-Net Income: $190,778
-Annual Cash Flow: $311,028
Year 3:
-Sales: $835,000
-Variable costs: $167,000
-Fixed costs: $204,000
-Depreciation: $216,250
-EBT: $247,750
-Taxes: $56,972
-Net Income: $190,778
-Annual Cash Flow: $311,028
Year 4:
-Sales: $835,000
-Variable costs: $167,000
-Fixed costs: $204,000
-Depreciation: $216,250
-EBT: $247,750
-Taxes: $56,972
-Net Income: $190,778
-Annual Cash Flow: $311,028
The total cash inflow for the four years is $1,244,112 ($311,028 x 4 years). The payback period is the time it takes to recover the initial investment, which in this case is less than one year (around 0.39 years). Therefore, the payback period for this project is less than one year.
To calculate the NPV, we need to discount the annual cash flows to their present value using the required rate of return of 13%. The formula for NPV is:
NPV = -Initial Investment + (CF1 / (1+r)^1) + (CF2 / (1+r)^2) + ... + (CFn / (1+r)^n)
where CF is the annual cash flow, r is the required rate of return, and n is the number of years.
Substituting the values, we get:
NPV = -$120,000 + ($311,028 / 1.13^1) + ($311,028 / 1.13^2) + ($311,028 / 1.13^3) + ($311,028 / 1.13^4)
NPV = $84,659.21
Therefore, the NPV of the project is $84,659.21.
To calculate the IRR, we need to find the discount rate that makes the NPV equal to zero. We can do this using trial and error or by using the IRR function in Excel. Using Excel, we can calculate the IRR as 32.17%.
With an NPV of $304,883.82 and an IRR of around 19.47%, the Potato Pet project has a payback period of roughly 2.75 years. These findings imply that Pappy's Potato should take the project into consideration as it is anticipated to provide a profit.
What is the payback method and payback period?The payback method calculates the amount of time needed to "payback" or repay the initial expenditure. The time it takes for an investment to create enough cash revenues to cover its associated financial outflow(s), usually expressed in years, is known as the payback period.
To calculate the payback period, we need to determine how long it will take for the project to generate enough cash inflows to recover the initial investment of $985,000 ($120,000 + $865,000).
we need to calculate the annual cash inflows:
Annual sales revenue = $835,000
Variable costs = 20% of sales = $167,000
Fixed costs = $204,000
Operating income before depreciation and taxes = $464,000 ($835,000 - $167,000 - $204,000)
Depreciation = $865,000 / 4 = $216,250
Taxable income = $247,750 ($464,000 - $216,250)
Taxes = $56,983 ($247,750 x 0.23)
Net income = $190,767 ($247,750 - $56,983)
Annual cash inflows = Net income + Depreciation = $407,017 ($190,767 + $216,250)
Now, we can calculate the payback period:
Year 1 cash inflows = $407,017
Cumulative cash inflows after Year 1 = $407,017
Year 2 cash inflows = $407,017
Cumulative cash inflows after Year 2 = $814,154
Year 3 cash inflows = $407,017
Cumulative cash inflows after Year 3 = $1,221,231
Year 4 cash inflows = $407,017
Cumulative cash inflows after Year 4 = $1,628,308
The payback period is between Year 3 and Year 4, as the cumulative cash inflows exceed the initial investment of $985,000 in Year 3 and total $1,221,231. The payback period is approximately 2.75 years (or 2 years and 9 months).
To calculate the NPV, we need to discount the annual cash inflows at the required rate of return of 13%.
Year 1 PV factor = 1 / (1 + 0.13)^1 = 0.885
Year 2 PV factor = 1 / (1 + 0.13)^2 = 0.783
Year 3 PV factor = 1 / (1 + 0.13)^3 = 0.693
Year 4 PV factor = 1 / (1 + 0.13)^4 = 0.613
NPV = ($407,017 x 0.885) + ($407,017 x 0.783) + ($407,017 x 0.693) + ($407,017 x 0.613) - $985,000
NPV = $304,883.82
The NPV is positive, which indicates that the project is expected to generate a return that exceeds the required return of 13%.
To calculate the IRR, we need to find the discount rate that results in an NPV of zero. We can use a financial calculator or Excel to do this. The IRR for this project is approximately 19.47%.
Learn more about the payback method here:
https://brainly.com/question/31729142
#SPJ2
Deflation tends to occur when:
1) the buying power of money in terms of goods and services increases.
2) the buying power of money in terms of goods and services decreases.
3) the spending power of money in terms of goods and services increases.
4) the spending power of money in terms of goods and services decreases.
Please give the answer, and explain what the difference is between spending power and buying power. Thanks!!
How is networking most often used to help someone build and exercise resilience?
A.
providing ideas, support, and professional learning opportunities
B.
giving people a leg-up on specific job opportunities or interviews
C.
preventing professional setbacks from occurring for an employee
D.
helping an employee think of their workplace as a sort of family
The correct answer isA. providing ideas, support, and professional learning opportunities.Networking is an effective way to build and exercise resilience by providing ideas, support, and professional learning opportunities.
When individuals network with others in their industry, they are able to learn about new trends and best practices, gain insights into different perspectives and experiences, and receive guidance from mentors and peers. These connections can provide a support system for an individual during difficult times, such as job loss, career changes, or personal challenges. They can also help an individual to identify potential job opportunities and make important professional connections.Networking can also help an individual to develop a strong sense of community and belonging, which can be crucial in building resilience. When an individual feels connected to others in their field, they may be more likely to persevere through difficult situations, as they know they have a support system to rely on.
To learn more about professional click the link below:
brainly.com/question/30778202
#SPJ1
you just won the lottery! as your prize you will receive $1,500 a month for ten years. if you can earn 9.3% on your money, what is this prize worth to you today
The prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.
How to solveTo calculate the present value of this lottery prize, we can use the Present Value of Annuity formula, which is:
PV = P * [(1 - (1 + r)^-n) / r]
Where:
PV = Present Value
P = Payment per period ($1,500 per month)
r = Interest rate per period (9.3% per year, but we'll need to convert it to a monthly rate)
n = Number of periods (10 years, but we'll need to convert it to months)
First, let's convert the interest rate and number of years to monthly values:
There are 12 months in a year, so there will be a total of 10 years * 12 months/year = 120 months.
To convert the annual interest rate to a monthly interest rate, we'll divide it by 12. This gives us a monthly interest rate of 0.093 / 12 = 0.00775.
Now, we can plug these values into the Present Value of Annuity formula:
PV = $1,500 * [(1 - (1 + 0.00775)^(-120)) / 0.00775]
Calculating the present value:
PV ≈ $1,500 * [(1 - (1.00775)^(-120)) / 0.00775] ≈ $1,500 * [53.051]
PV ≈ $79,576.50
So, the prize of receiving $1,500 a month for ten years, with a 9.3% annual interest rate, is worth approximately $79,576.50 today.
Read more about simple interest here:
https://brainly.com/question/25793394
#SPJ1
Grover inc uses allowance method to account for uncollectible accounts expense. Grover Inc. experienced the following four accounting events year 1: recognized $92,000 of revenue on account. Collected $78,000 in cash from accounts receivable. Wrote of uncollectible accounts of $720. Recognized uncollectible accounts expense. Grover estimated that uncollectible accounts expense will be 1 percent of sales on account
Note that the balance sheet at the end of the year will show the allowance for doubtful accounts of $920, which is a contra asset account that reduces the balance of accounts receivable to its estimated net realizable value.
What is the explanation for the above response?The journal entries for the four accounting events are:
To record revenue on account:
Debit Accounts Receivable $92,000
Credit Revenue $92,000
To record collection of cash from accounts receivable:
Debit Cash $78,000
Credit Accounts Receivable $78,000
To write off uncollectible accounts:
Debit Allowance for Doubtful Accounts $720
Credit Accounts Receivable $720
To recognize uncollectible accounts expense:
Debit Bad Debt Expense $920
Credit Allowance for Doubtful Accounts $920
The estimated uncollectible accounts expense for the year is $920 (1% of $92,000). The allowance for doubtful accounts balance at the end of the year will be $920, which is the estimated uncollectible accounts expense.
The income statement for the year will include the $920 of bad debt expense, which is an estimate of the uncollectible accounts expense for the year. The balance sheet at the end of the year will show the allowance for doubtful accounts of $920, which is a contra asset account that reduces the balance of accounts receivable to its estimated net realizable value.
Learn more about Balance Sheets at:
https://brainly.com/question/26323001
#SPJ1
If we introduce a new macro in one of the projects, under which category do we raise the change request?
O Process
O Input
O Metric
O Tools and Applications
If a new macro is introduced in a project, the change request should be raised under the "Process" category. option A
What is Process category In project management?In project management, change requests are used to document and track any changes to the project scope, schedule, budget, or resources. Change requests can be initiated by various stakeholders, such as the project team, the project sponsor, or the customer.
The "Process" category typically includes changes related to project management processes, procedures, or guidelines. Introducing a new macro in a project would fall under this category as it involves changing the process or procedure of the project. This change may impact project schedule, resources, or even budget, and hence should be documented as a change request.
Learn more about project management at https://brainly.com/question/16927451
#SPJ1
A bank offers two interest account plans. Plan A gives you 6% interest compounded annually.
Plan B gives you 13% annual simple interest. You plan to invest $2,000 for the next 4 years.
Which account earns you the most interest (in dollars) after 4 years? How much will you have
earned?
(1 pol
We can use the formula A = P(1 + r/n)^(nt) to calculate the future value (A) of the investment, where P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
For Plan A, P = $2,000, r = 6%, n = 1 (compounded annually), and t = 4. Substituting these values into the formula, we get:
A = 2000(1 + 0.06/1)^(1*4) = $2,494.47
The interest earned is the difference between the future value and the principal amount:
Interest earned = $2,494.47 - $2,000 = $494.47
Plan B:
For Plan B, we can use the formula I = Prt to calculate the interest earned, where P is the principal amount, r is the annual interest rate, t is the number of years, and I is the interest earned.
For Plan B, P = $2,000, r = 13%, and t = 4. Substituting these values into the formula, we get:
I = 2000 * 0.13 * 4 = $1,040
Therefore, the amount earned after 4 years is:
Plan A: $2,494.47
Plan B: $3,040
So, Plan B earns the most interest after 4 years. The amount earned with Plan B is $3,040 - $2,000 = $1,040.
Business around the globle came to a complete stop in March 2020 when it became clear that COVID-19 had spread across the globe in a manner that no one ever really thought possible.
Not all businesses were impacted the same, as grocery stores remained open, but airlines, restaurants, hair salons, gyms, and many others were forced to close. Read the following article and look around to the businesses that you visit and think about how they were forced to change in the face of the global crises.
Startups Hit Hard By Coronavirus Shutdowns – McGraw-Hill Introduction to Business
Requirements:
1. You must post a discussion thread highlighting your thoughts on the topic and addressing the questions below.
2. You must then comment on a peers post discussing their opinions in a respectful manner.
I am looking for robust posts. A one word answer is not acceptable.
Discussion Topics:
1. How has the COVID-19 crisis impacted the businesses around you?
2. What are some of the business decisions companies have had to make in the face of COVID-19?
3. Why will some business recover and others fail in the face of all the changes of the past year?
4. Why are small businesses and startups especially vulnerable during times of economic crisis?
5. What are some things a business can do to make itself more resiliant in the face of external changes?
Explanation:
1. The COVID-19 crisis has impacted the businesses around me greatly. Many small businesses in my community have closed their doors permanently due to the economic struggles caused by the pandemic. Restaurants have had to adjust to take-out and delivery only and some have had to close altogether. Grocery stores have had to limit the number of people allowed inside and have had to enforce mask mandates. Overall, it seems that businesses have had to adjust their operations to reflect the reality of the pandemic.
2. Companies have had to make a lot of difficult decisions in the face of COVID-19. Many have had to lay off workers or furlough them in order to cut costs. Some have had to pivot their business models entirely, such as restaurants that switched to take-out only or clothing manufacturers that started making masks. Others have had to invest in new equipment and technology to keep their employees and customers safe, such as installing plexiglass barriers or implementing touchless payments.
3. Some businesses will recover and others will fail in the face of all the changes of the past year because of a variety of factors. Businesses that were already struggling before the pandemic hit may find it difficult to bounce back. Additionally, businesses that rely heavily on in-person interactions or gatherings, such as theme parks or concert venues, may struggle to recover as long as social distancing measures are still in place. Finally, businesses that are able to adapt and pivot quickly to meet changing consumer needs may have a better chance at survival.
4. Small businesses and startups are especially vulnerable during times of economic crisis because they often lack the financial resources of larger, more established companies. They may not have access to the same government subsidies or loans, and may not have the same level of brand recognition or customer loyalty.
5. One thing a business can do to make itself more resilient in the face of external changes is to diversify its revenue streams. This could mean expanding into new markets or product lines, or investing in digital technologies to allow for more online sales. Additionally, businesses can prioritize building strong relationships with their customers, as loyal customers are more likely to stick around during tough times. Finally, businesses can be proactive about risk management, such as by investing in insurance or developing contingency plans for unexpected events.
Comment on a Peer's Post:
I agree with your post about businesses having to adjust their operations depending on the pandemic. My gym was closed for a while, but when it reopened, they had to implement strict sanitation protocols and limited the number of people allowed in at once. I think being adaptable is key for businesses to survive during this time. As for small businesses and startups being vulnerable, I think it's important for the government to provide support for these types of businesses during times of crisis, as they often make up a significant portion of the economy.
Hopes this helps
35 pt
Complete the following sentences.
Most government employees will contribute to a , whereas most industry employees will contribute to a . can open an individual retirement account.
Superannuation. Employees must contribute to a retiree's super fund.
what are five recommendations to assist organisations in coping with uncertainty in the environment
Answer:
These are the 5 recommendations to assist organisations in coping with uncertainty in the environment:-
1.Build in flexibility
2.Be transparent
3.Implement and Optimize
4.Embrace Ambiguity
5.Start by changing yourself
Answer:
1- Develop agility and adaptability: Organizations need to be agile and adaptable to cope with uncertainty. They should be prepared to respond quickly to changes in the environment, such as market shifts or changes in customer needs. This can be achieved by fostering a culture of innovation and experimentation, encouraging cross-functional collaboration, and investing in continuous learning and development.
2- Conduct scenario planning: Scenario planning is a powerful tool for managing uncertainty. It involves developing multiple scenarios of how the future might unfold and preparing contingency plans for each scenario. This allows organizations to be better prepared for different outcomes and to respond more quickly and effectively to changes in the environment.
3- Diversify your offerings: Diversifying your offerings can help to mitigate risks associated with uncertainty. By offering a range of products or services, organizations can reduce their dependence on any one market or customer segment. This can also help to open up new opportunities and revenue streams.
4- Build resilience into your operations: Building resilience into your operations can help to minimize the impact of uncertainty. This includes developing contingency plans for supply chain disruptions, investing in robust IT systems, and building a strong financial position.
5- Stay informed: Staying informed about changes in the environment is critical for managing uncertainty. This involves monitoring industry trends, staying up-to-date with regulatory changes, and engaging with stakeholders to understand their needs and concerns. By staying informed, organizations can be better prepared to respond to changes in the environment and to capitalize on new opportunities.
Budgeting for Needs
Select the items that are needs from your bank statement.
ABC BANK
Available Balance
$230.00
V Cell phone plan
$45
V
Rent
$400
Car insurance
$60
Backpack
$10
Electric bill
$60
Car payment
$250
Submit
In context of budgeting, the needs from the bank statement are:
Cell phone plan $45Rent $400Car insurance $60Electric bill $60Car payment $250What is the importance of all these needs?These expenses are considered needs because they are essential for daily living, such as housing (rent), transportation (car payment and insurance), communication (cell phone plan), and basic utilities (electric bill).
The backpack expense may be considered a want rather than a need, as it is not essential for basic living. When budgeting for needs, it's important to prioritize these essential expenses and allocate funds accordingly to ensure financial stability and security.
Read more about needs
brainly.com/question/22789858
#SPJ1
Where is a dietician LEAST likely to work?
A.
hospital
B.
government agency
C.
nursing home
D.
high school cafeteria
Answer:
high school cafeteria
Explanation:
They have hot food...also no one will listen to
Tracy is the only outfitter renting stand-up paddle boards at the lake near her cottage and is considered a monopolist. The demand curve for stand-up paddle board rentals is given by P = 75 –0.5Q, and the marginal cost is MC = 2Q. Assume that ATC at the profit-maximizing output is $12.50. Tracy's average profit is:
Tracy being a monopolist, she can set her price above the marginal cost in order to maximize profits., Average profit = Profit per unit x Q = $50.00 x 25 = $1,250.00
Setting marginal revenue (MR) equal to marginal cost (MC) is necessary to determine the quantity that maximizes profits (MC). By calculating the demand equation's derivative with respect to Q and multiplying it by Q, we may determine the MR equation. This results in: When we simplify MR = (75 - Q) - 0.5Q, we get: MR = 75 - 1.5Q When we set MR equal to MC, we obtain: 75 - 1.5Q = 2Q, Q can be solved for to yield: Q = 25 Thus, 25 rentals of stand-up paddle boards is the output level that maximizes profits. We can add this quantity back into the demand equation to determine the price Tracy will charge: Tracy as a monopolist will charge $62.50 for each stand-up paddle board rental since P = 75 - 0.5Q, P = 75 - 0.5(25), and P = $62.50. We can now determine Tracy's average profit. Average profit is computed by deducting price (P) from average total cost (ATC), and multiplying the result by the quantity that maximizes profits (Q). ATC = $12.50 (provided in the question) (given in the question) Profit per unit = P - ATC = $62.50 - $12.50 = $50.00 Average profit = Profit per unit x Q = $50.00 x 25 = $1,250.00 Therefore, Tracy's average profit is $1,250.00.
To learn more about monopolist refer here:
https://brainly.com/question/14055453
#SPJ1
Assume the following budgeted information for a merchandising company:
Budgeted sales (all on credit) for November, December, and January are $258,000, $228,000, and $219,000, respectively.
Cash collections of credit sales are expected to be 70% in the month of sale and 30% in the month following the sale.
The cost of goods sold is always 70% of sales.
Each month’s ending inventory equals 20% of the next month’s cost of goods sold.
40% of each month’s merchandise purchases are paid in the current month and the remainder is paid in the following month.
Monthly selling and administrative expenses that are paid in cash in the month incurred a total of $30,000.
The monthly depreciation expense is $29,500.
(The expected cash collections from customers in December are:)
A. $266,900.
B. $237,000.
C. $243,780.
D. $225,300.
To calculate the expected cash collections from customers in December, we need to first calculate the total credit sales for each month, the cash collections for each month, and the accounts receivable balance for November and December.
Total credit sales for November = $258,000
Total credit sales for December = $228,000
Total credit sales for January = $219,000
Cash collections for November sales:
70% * $258,000 = $180,600
Cash collections for December sales:
70% * $228,000 = $159,600
30% * $258,000 = $77,400
Total cash collections for December = $159,600 + $77,400 = $237,000
Cash collections for January sales:
70% * $219,000 = $153,300
30% * $228,000 = $68,400
Total cash collections for January = $153,300 + $68,400 = $221,700
Next, we need to calculate the accounts receivable balance for November and December:
Accounts receivable balance for November:
$258,000 * 30% = $77,400 (not collected in November)
Accounts receivable balance for December:
$228,000 * 30% = $68,400 (not collected in December) + $77,400 (from November) - $159,600 (collected in December) = $-13,800 (this is a credit balance, which means that there is an excess of cash collections from November sales)
Since the question is asking for the expected cash collections from customers in December, the answer is
B. $237,000.
The expected cash collections from customers in December are $243,780. Final expected cash collections from customers in December = $340,200 - $77,400 = $262,800. The answer is OPTION C,
To calculate the expected cash collections from customers in December, we need to consider the cash collections of credit sales for November and December.
For November's credit sales:
Cash collections = November sales * Cash collection rate for the month of sale
Cash collections = $258,000 * 70% = $180,600
For December's credit sales:
Cash collections = December sales * Cash collection rate for the month of sale
Cash collections = $228,000 * 70% = $159,600
Total expected cash collections in December = Cash collections from November + Cash collections from December
Total expected cash collections in December = $180,600 + $159,600 = $340,200
However, we also need to account for the fact that 30% of November's sales will be collected in December:
Additional cash collections = November sales * Cash collection rate for the month following the sale
Additional cash collections = $258,000 * 30% = $77,400
Final expected cash collections from customers in December = Total expected cash collections - Additional cash collections
Final expected cash collections from customers in December = $340,200 - $77,400 = $262,800
To learn more about cash collections, click here.
https://brainly.com/question/29659526
#SPJ2
how is s bonded warehouse usefully for the importer
Answer:)
Bonded warehousing simplifies storage,
Bonded warehousing simplifies storage, increases efficiency by allowing the storage of
Bonded warehousing simplifies storage, increases efficiency by allowing the storage of goods near distributors, and gives importer
Bonded warehousing simplifies storage, increases efficiency by allowing the storage of goods near distributors, and gives importer the option to store goods for a longer period at
Bonded warehousing simplifies storage, increases efficiency by allowing the storage of goods near distributors, and gives importer the option to store goods for a longer period at lower cost.
Moreover, because duties on bonded goods
Moreover, because duties on bonded goods are not collected until after the merchandise is
Moreover, because duties on bonded goods are not collected until after the merchandise is withdrawn, importers can defer duties and tax
Moreover, because duties on bonded goods are not collected until after the merchandise is withdrawn, importers can defer duties and tax payments, giving them more control over their
Moreover, because duties on bonded goods are not collected until after the merchandise is withdrawn, importers can defer duties and tax payments, giving them more control over their finances.
Moreover, because duties on bonded goods are not collected until after the merchandise is withdrawn, importers can defer duties and tax payments, giving them more control over their finances.brainliest pls <3
YYY Company’s current stock price is $50.00, its last dividend was $3.20, and its required rate of return is 12%. If dividends are expected to grow at a constant rate, g, in the future, and if rs is expected to remain at 12%, what is YYY’s expected stock price 5 years from now?
To calculate the expected 5-year share price of Company YYY, we can use the Gordon growth model given by: P = D / (rs - g) where P is the current stock price, D is the dividend, rs is the required rate of return, and g is the dividend growth rate.
First, we need to calculate his current dividend per share (D) paid by company YYY. The previous dividend was $3.20, so we can expect the company to pay the same dividend in the future. Next, we need to calculate the dividend growth rate (g) using the formula: g = (2nd year dividend - 1st year dividend) / 1st year dividend Since the dividend is expected to increase consistently, we can assume that the growth rate is the same each year. Therefore, we can calculate the growth rate using the following formula: g = (2nd Year Dividend / 1st Year Dividend) - 1 Assuming the dividend grows at an annual rate of 5%, the expected dividend for the second year can be calculated as follows: Year 2 Dividend = Year 1 Dividend * (1 + g) = $3.20 * (1 + 0.05)= $3.36 Using these values, we can calculate the expected five-year stock price (P5) as follows: P5 = D * (1 + g)^5 / (rs - g) = $3.20 * (1 + 0.05)^5 / (0.12 - 0.05) = $5.69 / 0.07 = $81.29 Therefore, YYY's expected five-year share price is $81.29.
For more information on consistently see:
https://brainly.com/question/15633087
#SPJ1
You manage a small women’s clothing store and need to hire an assistant manager. How would you recruit and select the most effective candidate?
Recruiting and selecting an assistant manager for a small women's clothing store requires a thoughtful and strategic approach.
Here are some steps that can be taken to attract and hire the most effective candidate:
Define the job role: Clearly define the job role and responsibilities of the assistant manager. This will help in identifying the required skills, qualifications, and experience necessary for the role.
Create a job description: Based on the defined job role, create a comprehensive job description that highlights the job responsibilities, required skills, qualifications, and experience. The job description should also outline the compensation package, work schedule, and other benefits.
Advertise the job opening: Advertise the job opening in relevant channels such as online job portals, local newspapers, industry-specific publications, and social media. You may also consider reaching out to your network and asking for referrals.
Screen resumes: Review resumes and cover letters to shortlist candidates who meet the minimum requirements for the role.
Conduct initial interviews: Conduct initial interviews to further screen the candidates and assess their communication skills, experience, and qualifications. Use behavioral interview questions to understand their past performance and behavior in similar roles.
Learn more about behavior here:
https://brainly.com/question/8871012
#SPJ1
Performance-based goals help us achieve specific aims, like passing a test with good grades. In terms of timeframes, which category do MOST performance-based goals fall into?
A.
immediate
B.
short-term
C.
mid-term
D.
long-term
Answer:
Performance-based goals can fall into different timeframes depending on the specific aim and context, but MOST performance-based goals would fall under short-term or long-term categories.
Explanation:
Short-term goals usually have a timeframe of days, weeks, or a few months, while long-term goals have a timeframe of several months, years, or even a lifetime. Examples of short-term performance-based goals include achieving a certain grade on a quiz or exam, mastering a new skill within a few weeks, or improving performance in a specific athletic event within a few months. Examples of long-term performance-based goals might include graduating with honors, becoming an expert in a particular field over several years, or achieving a certain level of proficiency in a sport over a period of several years.Immediate and mid-term performance-based goals could also be relevant in some contexts, such as achieving a certain score on a specific section of a test within a few hours (immediate) or completing a project within a few months (mid-term). However, most performance-based goals tend to fall under short-term or long-term categories.
quality is both quantitative and
Answer:
Quality is both quantitative and qualitative.
The quality can be measured and expressed in both the quantitative and qualitative.
What is quality?Quality is a measure of excellence or superiority, usually in relation to a particular standard or set of expectations. It is the degree to which something meets or exceeds the desired or expected level of performance, reliability, efficiency, and overall value. Quality can be assessed in various aspects, such as product design, manufacturing, service delivery, customer satisfaction, and organizational performance. Achieving high quality requires a systematic approach that involves identifying customer needs and requirements, establishing clear quality objectives and standards, monitoring and measuring performance, continuously improving processes and systems, and engaging employees in quality management. Quality is important for building trust, enhancing reputation, increasing customer loyalty, and creating competitive advantage in today's highly demanding and dynamic markets.
To learn more about quality, visit:
https://brainly.com/question/14672838
#SPJ1
Complete Question:
Quality is both quantitative and ?
3. If Buckle purchased $50 million of inventory by debiting Inventory and crediting Accounts Payable, how would its current ratio and acid-test ratio change? (Round your answers to 2 decimal places.)
If Buckle purchased $50 million of the inventory by debiting Inventory and crediting Accounts Payable, both the current ratio and acid-test ratio would decrease.
What are Accounts Payable?Accounts payable refer to the amount a business owes to its creditors or suppliers for goods or services that it has received but not yet paid for. This includes invoices received but not yet paid, as well as any other bills or expenses that are yet to be settled. Accounts payable is a liability on a company's balance sheet and represents the amount of money that the company owes to others. Managing accounts payable is crucial for businesses to maintain good relationships with their suppliers and ensure timely payment, which can help them negotiate better payment terms in the future. Effective management of accounts payable can also help businesses avoid late payment penalties and maintain a positive cash flow.
Purchase of $50 million of inventory would cause both current ratio and acid-test ratio to decrease.
To learn more about accounts payable, visit:
https://brainly.com/question/26168644
#SPJ1
ENGINEERING LOUNSMISS A manufacturer purchased and installed a production machine 6 years ago at a cost of $40,000. Since then the machine has been depreciated for tax purposes to a value of $7,000 and it now requires replacement. A new machine will be purchased for $60,000 and the old machine sold to a used equipment dealer for $10,000. Which of the four dollar values above is a book cost, ?
The book cost is the value of an asset as it appears in a company's financial records or accounting books.
How is the Book Cost Derived?Out of the four dollar values provided in the question, only the original purchase price of $40,000 is a book cost. This is because it represents the cost of the machine when it was first acquired and recorded in the company's books.
The other values - $7,000, $60,000, and $10,000 - represent the current tax-depreciated value, the cost of the new machine, and the expected sale price of the old machine respectively. These values may be used in various financial calculations, but they are not book costs.
Learn more about book cost here: https://brainly.com/question/29509984
#SPJ1
What are three reasons why people living in emerging markets might want to follow in china’s economic footsteps? What has china accomplished in recent decades?
Explanation:
Economists generally attribute much of China's rapid economic growth to two main factors: large-scale capital investment (financed by large domestic savings and foreign investment) and rapid productivity growth. These two factors appear to have gone together hand in hand.
China's slow road to economic recovery after dropping its zero-Covid policies. These characteristics make China an emerging market in traditional economic analysis.
China's equity market itself is around a third of the global emerging market index, so an investor who buys an emerging markets equity tracker fund is also invested in China. Chinese economic growth may be the more important emerging market economic growth this year.
China has emerged as a global economic superpower in recent decades. It is not only the world's second largest economy and the largest exporter by value, but it has also been investing in overseas infrastructure and development at a rapid clip as part of its Belt and Road Initiative
A macro factor underlying the trend toward greater globalization is the
Answer:
dramatic developments in information processing and other technologies
You work for Kolb Aircraft Company. Kolb builds ultralight and experimental airplanes for flying enthusiasts. As a quality assurance manager, you’ve been invited to join a team that studies Federal Aviation Administration (FAA) safety regulations and applies them to the experimental airplanes Kolb sells. At the team’s first meeting, you are asked to prepare a summary report of FAA safety standards. Now, at your second team meeting, you deliver your report to the group. After the presentation, several group members begin discussing the company barbecue they attended last Friday.
Which team behavior does this situation describe?
a)Contributing information and ideas
b)Wasting the group’s time
c)Encouraging members to participate
Members of the group ought to comment on the presentation when it is finished, but since they are chatting about barbeque, their behaviour is inappropriate.
What conduct is permitted among group members?They include creating a trust-based environment and dynamic, handling conflict, inspiring and motivating commitment, assuring accountability, and achieving successful outcomes.
In order to accomplish goals, collaborate with others. Manage performance in a responsible and equitable way. Constructive criticism is given and received as part of routine daily work. Such comments must to be supported by facts and given in a suitable way. Trust, Conflict, Commitment, Responsibility, and Results are the five behaviours.
To know about behaviour visit:
https://brainly.com/question/16835247
#SPJ1