Answer: $3,025
Explanation:
The Net Working Capital is used to find out if the company is able to use its current assets to cater for it's Current Liabilities and as such is calculated by subtracting Current Assets from Current Liabilities.
= Current Assets - Current Liabilities
Current Liabilities = 975 + 250
= $1,225
The interest bearing funds are not included when Calculating Net Working Cap.
Net Working Capital = 4,250 - 1,225
= $3,025
Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividend Declared Year 1 $ 0 Year 2 $ 6,000 Year 3 $ 32,000 The amount of dividends paid to preferred and common shareholders in Year 2 is:
Answer:
In Year 2 Preferred Stockholders were paid $6,000 , whilst Common Stockholders were paid $0.
Explanation:
The Preference Shareholders have preference over the Common Stockholders when it comes to payments of dividends.
Also when the Preference Stocks are cumulative, it means that any dividends in arrears need to be honored before the next dividend distribution.
Preference Stock Dividend is the same per year and is calculated as follows :
Preference Stock Dividend = 7,000 × $10 × 5%
= $3,500
Summary of Dividends Paid are as follows :
Year 1
Preference Stock Dividend Paid = $0
Common Stock Dividend Paid = $0
Preference Stock Dividend in Arrears = $3,500
Year 2
Preference Stock Dividend in Arrears for year 1 paid = $3,500
Preference Stock Dividend Paid for year 2 = $ 2,500
Preference Stock Dividend in Arrears = $1,000
Common Stock Dividend Paid = $0
Conclusion :
In Year 2 Preferred Stockholders were paid $6,000 whilst Common Stockholders were paid nothing.
The claim is that the proportion of peas with yellow pods is equal to 0.25 (or 25%). The sample statistics from one experiment include 540 peas with 159 of them having
yellow pods. Find the value of the test statistic.
The value of the test statistic is (Round to two decimal places as needed.)
Answer:
2.361
Explanation:
Calculation to Find the value of the test statistic
Based on the given information let our:
p=0.25
x = 159
n = 540
Since our p is 0.25 the first step is to find q using this formula
q = 1 - p
Let plug in the formula
q = 1-0.25
q= 0.75
Second step is to find the psample using this formula
psample= x/n
Let plug in the formula
psample= 159/540
psample = 0.294
Last step is to find the value of the test statistic
Using this formula
z= (psample - p) / √(pq/n)
Let plug in the formula
z = (0.294 - 0.25) / √(0.25×0.75/540)
z=0.044/√(0.1875/540)
z=0.044/√(0.000347222222)
z=0.044/0.01863389
z=2.361
Therefore the value of the test statistic will be 2.361
The manager of a large commercial building became preoccupied with paperwork and did not inspect the premises as he should have, which resulted in lots of wear and tear from the tenants. The loss of value due to postponing repairs is called
Answer:
deferred repairs
Explanation:
In this scenario, the term being mentioned is known as deferred repairs. As mentioned in the question this term refers to the practice of postponing any and all maintenance activities, such as repairs on real property or personal property all with the hopes of saving costs, meeting budget funding levels, or realign available budget monies. This can also occur by accident due to neglect, such as in this specific scenario. Deferring repairs ultimately leads to higher costs due to worsening conditions.
7. What is the advantage of binding things as early as possible? What is the advantage of delaying bindings?
Answer:
1. early binding enhances performance
2. late binding gives flexibility
Explanation:
this is generally the advantage of early binding. early binding gives room for better efficiency
.This is because it would be needless to reanalyze every time whenever something is declared. Early binding is for performance.
meanwhile late binding is known to have better flexibility and gives room for more polymorphism. this binding gives extension to runtime.
Suppose a Roasted Olive restaurant is considering whether to (1) bake bread for its restaurant in-house or (2) buy the bread from a local bakery. The chef estimates that variable costs of making each loaf include $.52 of ingredients, $.24 of variable overhead (electricity to run the oven), and $.70 of direct labor for kneading and forming the loaves. Allocating fixed overhead (depreciation on the kitchen equipment and building) based on direct labor assigns $.96 of fixed overhead per loaf. None of the fixed costs are avoidable. The local bakery would charge $1.75 per loaf.
a. What is the unit cost of making the bread in-house (use absorption costing)?
b. Should Roasted Olive bake the bread in-house or buy from the local bakery? Why?
Answer:
Roasted Olive should bake the bread in-house.
Because, It is cheaper to bake the bread in-house than to purchase as this saves $0.29 per loaf of bread.
Explanation:
Cost of Making
Unit Cost (Absorption Costing) = All Manufacturing Cost (Fixed and Variable)
= $0.52 + $0.24 + $0.70 + $0.96
= $2.42
Cost of Buying from Local Bakery
Note that the fixed costs are note avoidable, meaning that they would be incurred whether or not the bread is made internally or purchased from local Bakery
Cost of Purchase Option per unit :
Purchase Price $1.75
Add Fixed Overhead per loaf $0.96
Total unit cost $2.71
Conclusion :
It is cheaper to bake the bread in-house than to purchase as this saves ( $2.71 - $2.42) $0.29 per loaf of bread.
Therefore, Roasted Olive should bake the bread in-house.
Harvest Inc. produces and sells a single product. The selling price of the product is $200.00 per unit and its variable cost is $80.00 per unit. The fixed expense is $300,000 per month. The break-even in monthly unit sales is closest to:
Answer:
Break-even point (units)= 2,500 units
Explanation:
Giving the following information:
The selling price of the product is $200.00 per unit and its variable cost is $80.00 per unit. The fixed expense is $300,000 per month.
To calculate the break-even point in units, we need to use the following formula:
Break-even point (units)= fixed costs/ contribution margin
Break-even point (units)= 300,000 / (200 - 80)
Break-even point (units)= 2,500 units
The following data concerns a proposed equipment purchase: Cost $ 144,000 Salvage value $ 4,000 Estimated useful life 4 years Annual net cash flows $ 46,100 Depreciation method Straight-line Assuming that net cash flows are received evenly throughout the year, the accounting rate of return is (ignore income taxes):
Answer:Accounting rate of return = 15%
Explanation:
Accounting rate of return =Net income(Net cash flow - depreciation expense) / Average investment x 100
but depreciation = Cost of equipment - salvage value/ useful life
=(144,000 - 4000)/ 4= 140,000/ 4= $35,000
also,
Average Investment = Cost of equipment +salvage value /2
=( 144,000+4000)/ 2= 148,000 /2 = $74,000
Accounting rate of return =Net income(Net cash flow - depreciation expense) / Average investment x 100
(46,100 - 35,000)/ 74,000} x 100 =11,100/74,000=0.15 x 100= 15%
The risk-free rate is 4.5 percent and the market expected return is 10.8 percent. What is the expected return of a stock that has a beta of 1.30
Answer:
Expected return = 12.69%
Explanation:
The capital asset pricing model is a risk-based model for estimating the return on a stock.. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. Systematic risks are those which affect all economic actors in the market, they include factors like changes in interest rate, inflation, etc. The magnitude by which a stock is affected by systematic risk is measured by beta.
Under CAPM,
E(r)= Rf + β(Rm-Rf)
E(r)- expected return, Rf-risk-free rate , β= Beta, Rm= Return on market.
Using this model, we can work out the value of beta as follows:
β-1.30, Rf- 4.5%, Rm = 10.8%
E(r) = 4.5% + 1.30 × (10.8 - 4.5)%= 12.69
Expected return = 12.69%
Hernandez, Inc. signed a ten-year noncancelable lease for a heavy duty drill press. The lease stipulated annual payments of $300,000 starting at the beginning of the first year, with title passing to Hernandez at the expiration of the lease. Hernandez treated this transaction as a operating lease. The drill press has an estimated useful life of 15 years, with no salvage value. Hernandez uses straight-line amortization for all of its plant assets. Aggregate lease payments were determined to have a present value of $1,800,000, based on implicit interest of 10%. What amount of amortization expense should be recorded for 2021?
Answer: $120,000
Explanation:
Depreciation is to be based on the cost of the asset being depreciated. In this scenario, the cost of the heavy duty drill press will be the Present Value of all the lease payments for the entire 10 years because it is said that the title will pass to Hernandez Inc. afterwards so the lease payments can be considered as payment.
Straight Line Amortisation = [tex]\frac{Cost of Asset - Salvage Value}{Estimated Useful Life}[/tex]
Straight Line Amortisation = [tex]\frac{1,800,000 - 0}{15}[/tex]
Straight Line Amortisation = $120,000 per year
In the following example, the proposed debt issue would raise $4,000,000; the interest rate would be 10%. In addition, the EBIT would be $2,000,000. What would be the increase in the Earnings Per Share (EPS) from to current to the proposed structure
Answer:
$1.67
Explanation:
The computation of the increase in earning per share is shown below:
But before that first we need to find out the current and proposed earning
per share
Particulars Current Proposed
Number of shares $400,000 $240,000 (a)
EBIT $2,000,000 $2,000,000
Less:
Interest $400,000
($4,000,000 ×0.10)
EBT $2,000,000 $1,600,000
Less
Taxes $0 $0
Net income $2,000,000 $1,600,000 (b)
EPS $5 $6.67 (a ÷ b)
Increase in EPS
= $6.67 - $5
= $1.67
You are bearish on Telecom and decide to sell short 100 shares at the current market price of $50 per share. a. How much in cash or securities must you put into your brokerage account if the broker's initial margin requirement is 50% of the value of the short position?
Answer:
We will provide 2,500 dollars in cash or securities to realize the transaction
Explanation:
100 shares x $50 per share = $ 5,000
The total amount of the operation is for 5,000 dollars. we are requiresd to provide a safety of 50% of this value
5,000 dollars x 50% margin requirement = 2,500 dollars
Consider the economies of Hermes and Gobbledigook, both of which produce gobs of goo using only tools and workers. Suppose that, during the course of 20 years, the level of physical capital per worker rises by 4 tools per worker in each economy, but the size of each labor force remains the same. Complete the following tables by entering productivity (in terms of output per worker) for each economy in 2016 and 2036.
Year Hermes
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)
2016 11 30 3,000
2036 15 30 3,600
Year Gobbledigook
Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)
2016 8 30 2,400
2036 12 30 3,600
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a_______ amount than productivity in Gobbledigook. This illustrates the effect_______which makes it______for countries with low output to catch up to those with higher output.
Answer:
Hermes
Productivity (Gobs per worker)
2016 100
2036 120
Gobbledigook
Productivity
(Gobs per worker)
2016 80
2036 120
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER amount than productivity in Gobbledigook. This illustrates the effect OF CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.
Explanation:
Hermes
Year Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)
2016 11 30 3,000 3,000/30=100
2036 15 30 3,600 3,600/30=120
Gobbledigook
Year Physical Capital Labor Force Output Productivity
(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)
2016 8 30 2,400 2,400/30=80
2036 12 30 3,600 3,600/30=120
Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER amount than productivity in Gobbledigook. This illustrates the effect of CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.
Reno contributed $104,000 in cash plus equipment valued at $27,000 to the RD Partnership. The journal entry to record the transaction for the partnership is:
Answer:
Debit cash $104,000; debit equipment $27,000; credit Reno, Capital $131,000.
Explanation:
In this scenario, Reno contributed $104,000 in cash plus equipment valued at $27,000 to the RD Partnership. The journal entry to record the transaction for the partnership is debit cash $104,000; debit equipment $27,000; credit Reno, capital $131,000.
In Financial accounting, debit refers to an entry made which would either increase an expense or asset account; therefore, decreasing an equity or liability account. Credit refers to an entry made which would either increase an equity or liability account; therefore, decreasing an expense or asset account.
Generally, debit is an accounting entry which is made to the left of an account while credit is an accounting entry which is made to the right of an account. The standard rule is that, when a credit decreases an account, the opposite account should be increased with a debit.
Hence, in this case the RD Partnership will debit the cash received, $104,000 plus equipment valued at $27,000. Also, the opposite account or receivable account (Reno, capital) would be credited with $131,000 ($104,000+$27,000 = $131,000).
Karim Corp. requires a minimum $9,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% interest per month (paid monthly). Any excess cash is used to repay loans at month-end. The cash balance on July 1 is $10,300 and the company has no outstanding loans. Forecasted cash receipts (other than for loans received) and forecasted cash payments (other than for loan or interest payments) follow.
July August September
Cash receipts $25,900 $33,900 $41,900
Cash payments 30,850 31,900 33,900
Prepare a cash budget for July, August, and September.
Answer:
Karim Corp.
Cash Budget
For July, August and September
JULY$ AUGUST$ SEPTEMBER$
Beginning cash balance 10,300 9,900 9,900
Cash receipts 25,900 33,900 41,900
Total cash available 36,200 43,800 51,800
Cash payment 30,850 31,900 33,900
Interest on bank loan 0 91 53
Preliminary cash balance 5,350 11,809 17,847
Additional loan(loan repayment) 4,550 -1,909 -2,641
Ending cash balance 9,900 9,900 15,206
Loan Balance
Loan balance - Beginning of month 0 4,550 2,641
Additional loan(loan repayment) 4,550 -1,909 -2,641
Loan balance - End of month 4,550 2,641 0
August Interest on bank loan = 4550 * 2% = $91
September interest on loan = 2641 * 2% = 52.82 = $53
The process of bond valuation is based on the fundamental concept that the current price of a security can be determined by calculating the present value of the cash flows that the security will generate in the future.
There is a consistent and predictable relationship between a bond’s coupon rate, its par value, a bondholder’s required return, and the bond’s resulting intrinsic value. Trading at a discount, trading at a premium, and trading at par refer to particular relationships between a bond’s intrinsic value and its par value. This also results from the relationship between a bond’s coupon rate and a bondholder’s required rate of return.
Remember, a bond’s coupon rate partially determines the interest-based return that a bond (might/will)...........pay, and a bondholder’s required return reflects the return that a bondholder(would like/is obligated).............to receive from a given investment.
Answer:
Remember, a bond’s coupon rate partially determines the interest-based return that a bond WILL pay, and a bondholder’s required return reflects the return that a bondholder WOULD LIKE to receive from a given investment.
Explanation:
When a bond is issued, a contract is formed between the issuer and the bondholder. The coupon rate is fixed and it must be paid by the bondholder regardless of the market price of the bond.
On the other hand, the bondholder's expected return is what determines the market price of the bond. if the expected return is higher than the coupon rate, then the bond will be sold at a discount. If the coupon rate is higher than the expected return, then the bond will be sold at a premium.
You are finishing your 3rd year in business with $535,000 of gross income and $275,000 in deductions. Two years ago, you had a net loss of $93,000 and last year, you had a net loss of $52,000. Calculate your taxable income for this year.
Answer:
Taxable Income for this year is $115,000
Explanation:
Particulars Amount ($)
Gross income of 3rd year 535,000
Less: Net loss of last years (145,000)
Gross Income 390,000
Less: Deductions (275,000)
Taxable Income $115,000
Working
Net loss of last years = $93,000 + $52,000
= $145,000
Braynerd Chemicals sells 40 million shares of stock in an SEO—25 million being primary shares issued by the company and 15 million being secondary shares sold by investors in the company. At the time of the sale, Braynerd's stock was selling at $21.00 per share. If the underwriter charges 5% of the gross proceeds as a fee, how much money was raised in the sale?
Answer: $498.75 million
Explanation:
Of the 40 million shares sold by Braynerd Chemicals, 15 million were sold as secondary shares by investors in the company. The proceeds from these 15 million will therefore not go to the company but to the investors so they are not counted.
Gross total money raised will be;
= 25 million * 21.00
= $525 million
The Underwriter charges 5% of the gross amount as a fee so the Net amount raised will be;
Net Total = 525 * ( 1 - 5%)
Net Total = $498.75 million
One of the similarities between product focus and mass-customization is: the use of modules. the variety of outputs. the volume of outputs. many departments and many routings. All of these are similarities.
Answer: the variety of outputs
Explanation:
Process focus is a startegy on low volume, high variety. Mass customization is the ability of a company to mass produce products efficiently in order to meet the wants and needs of the customers.
One of the similarities between product focus and mass-customization is the variety of product.
The payroll register of Patel Engineering Co. indicates $2,640 of social security withheld and $660 of Medicare tax withheld on total salaries of $44,000 for the period. Federal withholding for the period totaled $7,920. Retirement savings withheld from employee paychecks were $2700 for the period.
Provide the journal entry for the period's payroll. If an amount box does not require an entry, leave it blank.
Salaries Expense 44,000
Social Security Tax Payable 2,640
Medicare Tax Payable 660
Employees Federal Income Tax Payable
Retirement Savings Deductions Payable
Salaries Payable
Answer:
DR Salary Expense $44,000
CR Social Security Taxes Payable $2,640
CR Medicare Taxes Payable $660
CR Federal Withholding Taxes Payable $7,920
CR Retirement Contribution Payable $2,700
CR Salaries Payable $30,080
(To record Salaries expense and payables)
Items Billions of $
Savings deposits 7000
Money market mutual funds 700
M2 13700
Checking deposits 2250
Small time deposits 750
Required:
Calculate the amount of currency in billions of dollars in the economy from the given information. Assume zero traveler’s checks for answering this question.
M1: 4750
2500 billion in the economy
What are two ways to begin setting up a recurring transaction in quick books online
Answer:
The two ways to begin setting up a recurring transaction in quick books online are:
Create a new transaction or Duplicate an existing oneExplanation:
Option One: To set up the transaction,
Click on settings (It's an icon that looks like a gear)From Lists, click on “Recurring Transactions” Then select “New” Select a transaction type to be created, and press “OK” The next step is to name your template then,Choose a Type of Transaction. The options are "Scheduled", "Unscheduled" and "Reminder".Finally, enter the necessary information and Save the Template.
Option Two:
Create templates more quickly by duplicating existing templates. This is a quicker way of setting up transactions.
Go to SettingsFrom Lists, select "Recurring Transactions".
Click on the appropriate template, then select the Action column drop-down menu and select Duplicate. All settings will be inherited by the duplicate copy except the caption.
Cheers!
Harmony Company sells handminusknit scarves. Each scarf sells for $ 45. The company pays $ 70 to rent vending space for one day. The variable costs are $ 12 per scarf. How many scarves should the company sell each day in order to break even? (Round your answer up to the nearest whole scarf.)
Answer:
2.12, rounded up to 3
Explanation:
To solve the equation, we first need to set up an equation.
Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost
45x is how much they earn since each scarf is $45
70+12x is how much they cost for rent and production
45x=70+12x
Subtract 12x from both sides
33x=70
Divide both sides by 33
x=2.12
It says we should round up so 3 scarves to break even
Journalize Payroll Tax The payroll register of Patel Engineering Co. indicates $2,880 of social security withheld and $720 of Medicare tax withheld on total salaries of $48,000 for the period. Earnings of $14,400 are subject to state and federal unemployment compensation taxes at the federal rate of 0.8% and the state rate of 5.4%. Provide the journal entry to record the payroll tax expense for the period. If an amount box does not require an entry, leave it blank. Round to two decimal places. Payroll Tax Expense Social Security Tax Payable 2,880 Medicare Tax Payable 720 State Unemployment Tax Payable Federal Unemployment Tax Payable
Answer and Explanation:
The Journal entry is shown below:-
Payroll Tax Expense Dr, $4,493
To Social Security Taxes Payable $2,880
To Medicare Taxes Payable $720
To State Unemployment Tax Payable $778 ($14,400 × 5.4%)
To Federal Unemployment Tax Payable $115 ($14,400 × 0.8%)
(Being payroll tax expense for the period is recorded)
Here we debited the payroll tax expenses as it increased the expenses and we credited the Social Security Taxes Payable, Medicare Taxes Payable, State Unemployment Tax Payable, Federal Unemployment Tax Payable as it increased the liabilities
Estes Park, Inc., has declared a dividend of $6.70 per share. Suppose capital gains are not taxed, but dividends are taxed at 30 percent. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $118 per share, and the stock is about to go ex-dividend. What do you think the ex-dividend price will be
Answer:
$113.31
Explanation:
Estees park has declared a dividend of $6.70 per share
The dividend is taxed at 30%
= 30/100
= 0.3
The company stock sells for $118 per share
The first step is to calculate the after tax dividend
After tax dividend= 6.70(1-0.3)
= 6.70×0.7
= $4.69
Therefore, the ex-dividend price can be calculated as follows
Ex-dividend price= $118-$4.69
= $113.31
Hence the ex-dividend price is $113.31
Heavy Products, Inc. developed standard costs for direct material and direct labor. In 2017, AII estimated the following standard costs for one of their major products, the 10−gallon plastic container. Budgeted quantity Budgeted price Direct materials 0.7 pounds $90 per pound Direct labor 0.05 hours $20 per hour During June, Heavy Products produced and sold 24,000 containers using 1,500 pounds of direct materials at an average cost per pound of $92 and 1,200 direct manufacturing labor−hours at an average wage of $91.25 per hour. The direct manufacturing labor efficiency variance during June is ________.
Answer:
Direct labor time (efficiency) variance= 0
Explanation:
Giving the following information:
Standard:
Direct labor 0.05 hours $20 per hour
Actual:
Heavy Products produced and sold 24,000 containers using 1,200 direct manufacturing labor−hours.
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (0.05*24,000 - 1,200)*20
Direct labor time (efficiency) variance= 0
Which of the following costs is an example of a cost that remains the same in total as the number of units produced changes?
A) Direct labor
B) Salary of a factory supervisor
C) Units of production depreciation on factory equipment
D) Direct materials
Answer: B) Salary of a factory supervisor
Explanation:
The Factory Supervisor is not directly related to the production of goods and unless specified, the Supervisor is assumed to be paid a certain amount to oversee the factory and this figure will not change regardless of how many more goods are produced thus making this cost a Fixed Manufacturing Overhead.
Analyze Cityscape Hotels Cityscape Hotels has 200 rooms available in a major metropolitan city. The hotel is able to attract business customers during the weekdays and leisure customers during the weekend. However, the leisure customers on weekends occupy fewer rooms than do business customers on weekdays. Thus, Cityscape plans to provide special weekend pricing to attract additional leisure customers. A hotel room is priced at $180 per room night. The cost of a hotel room night includes the following: Cost Per Room Night (at normal occupancy) Housekeeping service $23 Utilities 7 Amenities 3 Hotel depreciation 55 Hotel staff (excluding housekeeping) 42 Total $130 The special weekend price is proposed for $120 per room night. At this price, it is anticipated that average occupancy for the weekend (Friday, Saturday, and Sunday) will increase from 30% to 50% of available rooms. a. What is the contribution margin for a room night under the normal pricing if only the hotel depreciation and hotel staff (excluding housekeeping) are assumed fixed for all occupancy levels
Answer:
$147
Explanation:
For the computation of contribution margin for a room night first we need to find out the variable cost per night which is shown below:-
Variable cost per room night = Housekeeping service + Utilities + Amenities
= $23 + $7 + $3
= $33 per room night
Contribution per room night under normal pricing = Normal price per room night - Variable cost per room night
= $180 - $33
= $147 per room night
Therefore for computing the contribution margin for a room night we simply applied the above formula.
All of the following are protective functions of packaging except: Group of answer choices Cushioning the contents All are protective functions Being tamper-proof Providing uniform weight distribution Enclosing the materials
Answer:
All are protective functions
Explanation:
The packaging is the process in which the firm wrap the product so that it cannot be damage stole or lost by maintaining its product id
There are various function of packaging like tamper-proofing, uniform weight, the material disclosed, content cushioned so that the packaging should be done in a systematic manner
Therefore the second option is correct
g If the velocity of money triples, while real GDP and money supply remain unchanged, in the long run, the price level:
Answer:
if velocity triples, then in the long run, price would triple
Explanation:
According to the quantity theory of money
velocity x money supply = output x price
if velocity triples, then in the long run, price would triple
Which of the following is one of the three variables proposed by a basic OB model which refers to actions that individuals, groups, and organizations engage in as a result of inputs?
a. Processes
b. Scrutinization
c. Planning
d. Association
e. Evaluation
Answer:
a. Processes
Explanation:
The variable that is being described as part of the basic OB model is known as Processes. Like mentioned, these are actions that individuals, groups, and organizations all engage in as a result of inputs, and that leads to certain outcomes. When dealing at an individual level, these processes include a wide range of actions including emotions, moods, motivation, perception, and decision making.