Answer:
separates costs into fixed and variable component
can assist with management decision making
Explanation:
The contribution margin may be defined as when we deduct the expenses of the variable from sales. Where contribution margin shows the organization revenue is contributing to net income and fixed cost.
The statement of contribution margin income tells of the earnings at various stages of operations.
This report of income is not used for external reporting purposes but rather for internal decision making by the management.
Therefore according to the above description, the last two statements are correct.
Which of the following would cause an increase in the supply of chicken? A. An increase in taxes. B. An increase in the number of buyers in the market. C. A decrease in the price of inputs to chicken production. D. An increase in the price of chicken.
Answer:
C. A decrease in the price of inputs to chicken production
Explanation:
An increase in taxes would increase the cost of production which would make chicken production more expensive. As a result, the supply of chickens would fall.
A decrease in the price of inputs would reduce the cost of production and thus supply would increase
An increase in the price of chicken would increase the quantity supplied of chicken and not the supply of chicken
what is trade in economics
Answer:
Trade is a basic economic concept that involves the buying and selling of goods and services, in which compensation is paid by a buyer to a seller, for goods or services or the exchange of goods or services between parties(which is known as trade by barter )
Explanation:
Answer: Trade means we give some thing for some thing else
You view tea and scones as perfect complements, and you prefer to consume one cup of tea with one scone. Also, your indifference curves are plotted with tea on the vertical axis. If you presently have 1 cup of tea and 3 scones, what this the marginal rate of substitution (MRS) at this point
Answer:
Infinity
Explanation:
The marginal rate of substitution means the consumer has forgone a certain quantity of one item in exchange for another whilst keeping the equal level of utility.
When two items were viewed (tea and scones), a certain amount of tea was forgone in exchange for scones. Now on the indifference curves, where the tea is on the vertical axis and the scones is one the horizontal axis, the marginal rate of substitution (MRS) at this point will be infinity
"A young widow who works has a $750,000 net worth and a securities portfolio valued at $200,000. The current asset allocation of the portfolio is 80% equity securities; 8% fixed income securities; and 12% money market securities. In which circumstance should she consider reallocating her portfolio?"
Answer: C. If she becomes unemployed during a recessionary period
Explanation:
If the young widow becomes unemployed during a recessionary period, she would need regular income and as it is a recession, companies might be feeling the heat so she might not get any from her Equity positions.
She would need to reduce her equity holdings and increase her fixed income and money market securities as they offer more stable and regular income that she can withdraw.
What do analysts and briefers use to alert policymakers to the level of confidence they have in their judgments, based on the available information?
Answer:
Estimative Language
Explanation:
To create confidence in their judgements, they use three different levels of information. They are:
High confidence judgement which generally comes from a trustworthy source of information, that means when the source is of good quality the information is of high reliability, although the information might be wrong sometime.Moderate confidence means although the information is credible but it is not a good source to rely on and the quality of work might be low.Low confidence shall possibly mean that the information is not of good credibility or the sources are not secure enough.What is the yield to maturity of a bond that as a face value of $1,000, is currently selling for $980, has a 5% coupon (paid semi-annually) and matures in 5 years.
Answer:
5.47%
Explanation:
The computation of yield to maturity is shown in the attachment:
Given that
FV = $1000
PV = ($980)
PMT = 5% ÷ 2 × 1,000 = $25
Number of years = 5 years × 2 = 10 Years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after applying the above formula, the yield to maturity is
= 2.73 × 2
= 5.46%
Therefore with the help of spreadsheets (as attached), we could explain in a better manner.
Bronson Corporation incurs the following annual costs in producing 30,000 video cards for computers: However, if Bronson purchases the video cards from another company at a cost of $10 per card, what would be the increase (decrease) in net income if no fixed costs can be eliminated?
Answer: ($60,000)
Explanation:
Fixed cost is a cost that doesn't vary alongside production level. It should be noted that the relevant cost for production will be addition of the direct materials to the direct labour and the variable maufacturing overhead. This will be:
= $60,000 + $80,000 + $100,000
= $240,000
The relevant costs that will be bought will be:
= 30,000 × $10
= $300,000
Therefore there'll be decrease in net income by:
= $300,000 - $240,000
= $60,000
The answer will be ($60,000)
An example of a firm with market power is a delicatessen in New York. cable TV provider in Tulsa. clothing store in Chicago. family farm in Kansas.
Answer: cable TV provider in Tusla
Explanation:
Market power simply refers to instances whereby organizations, companies or group of companies raise the prices in the market above the equilibrium level. This is done by companies that have huge capital base and hence send out other competitors.
An example of a firm with market power is cable TV provider in Tusla.
The newly independent countries of the former Soviet Union present an interesting situation: income is declining, and there is considerable economic hardship. The potential for disruption is certainly high. Are these disruptions problem cases, or are they attractive opportunities with good potential for moving out of the low-income category
Answer:
The definition including its given problem is outlined in the following portion on the clarification.
Explanation:
Those other countries are indeed a clear illustration including its trade-off between risk and compensation. Many firms took the gamble, but many of us are still deciding whether it should take any chances. Throughout pursuit of monetary independence, Belarus as well as Turkmenistan are ranked very low throughout the indexes. Russia fell into the range of upper-middle-income.Although there are still many former communist-dominated nations that have economic prosperity. It may well be based mostly on the Soviet republic's actions.The start of such a military operation in Georgia for instance produces a cascading effect as well as induces political and social turmoil.A nurse encourages employees to implement a magnet recognition program in the organization. the nurses think beyond their own personal needs and are clear about the group outcomes. which leadership quality according to gardner’s tasks is reflected in the activity of the nurse?
Answer: representing the group
Explanation:
From the question, we are informed that a nurse encourages employees to implement a magnet recognition program in the organization and that the nurses think beyond their own personal needs and are clear about the group outcomes.
The leadership quality according to gardner’s tasks that is reflected in the activity of the nurse is the representing the group. The leader sets aside their personal aim for the group.
"A customer buys a $1,000 par 4 ½% Treasury Bond, maturing July 1, 2042, at 102-8 on Thursday, February 6th in a regular way trade. The bond pays interest on January 1st and July 1st. How many days of accrued interest are due?"
Answer:
37 days
Explanation:
Given the following :
Date of purchase = 6th of February
Bond interest is paid on January 1st and July 1st.
Since, the treasury bond was purchased on the 6th of February, the the accrued or accumulated interest will be calculated from January 1st till the purchase date (6th of February).
(Number of days in January) + 6 days in February
Number of days in January = 31
Days of accrued interest = (31 + 6) = 37
The process of taking care of the partnership's outstanding obligations and distributing any remaining assets:
a. Winding up Operation of law
b. Dissolution
c. Alienation
d. Acts of the parties Futility
Answer:
Winding up
Explanation:
Winding up in partnership is a post dissolution procedure that entails the distribution and liquidation of any remaining partnership property and assets, settling outstanding debts owed to non partners and sharing of remaining assets among the remaining partners.
The five guiding steps to winding up partnership are
Review partnership agreementDiscuss the decision to wind up with partnersFill a dissolution formNotify concerned partiesSettle and close out all account,6. The EPA has a green building benchmark program in which buildings submit energy data about their building to see where they stand among like building in the country with regards to energy use. This program is known as:
Answer:
Energy Star Portfolio Manager
Explanation:
The Energy Star Portfolio Manager is available online and there you can check and compare how "green" a building or group of building is compared to others. Several environmentally issues are measured by this program, e.g. energy or water consumption, waste disposal, etc.
"XYZ Corporation announces a 10% stock dividend, followed by a 5% "spin off" of a subsidiary business. A customer who owns 200 shares of XYZ will receive:"
Answer:
20 shares of XYZ and 11 shares of the spin-off
Explanation:
The 20 shares of XYS comes from
= 200 shares × 10%
= 20 shares-
So, the total number of shares now is
= 200 shares + 20 shares
= 220 shares
And there is 5% spin off
So, the number of shares contains spin off is
= 220 shares × 5%
= 11 shares
This represents the separate company
hence, there is 20 shares of XYZ and 11 shares of the spin-off
an insured savings account is also known as a _______ savings account
Answer:
An FDIC insured account
Explanation:
A bank account at an institution where deposits are federally protected against bank failure or theft.
A customer purchases an equity option contract at 1:00 PM Eastern Standard Time on Tuesday, October 10th in a regular way trade. If the customer wishes to exercise, the customer may place an exercise notice with the Options Clearing Corporation:_______
a. immediately
b. no earlier than 10:00 AM Eastern Standard time, the next business day
c. no earlier that 10:00 AM eastern standard time, on the 5th business day following trade date
d. no earlier than the Friday immediately preceding the third Saturday of the expiration month
Answer: immediately
Explanation:
An equity option is typically the most common form of equity derivative. It simply gives an investor the right but not an obligation to either buy or sell a call or put at a certain price before a contract expires.
Therefore, if a customer purchases an equity option contract at 1:00 PM Eastern Standard Time on Tuesday, October 10th in a regular way trade and the customer wishes to exercise, the customer may place an exercise notice with the Options Clearing Corporation immediately.
Historical evidence on the returns of large portfolios of stock and bonds shows that investments with higher volatility have rewarded investors with higher returns.
a. True
b. False
Answer:
true
Explanation:
investments with higher volatility helps in achieving higher returns by the investors and this will helps to boost the the organization morale
It should be noted that Historical evidence on the returns of large portfolios of stock and bonds shows that investments with higher volatility have rewarded investors with higher returns.
memorandum of association can be amended by
Answer:
Explanation:
A company's Memorandum of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution must be sent to Companies House within 15 days.
What is the term used for the inbound movement and storage of materials in preparation for those materials to enter and flow through the manufacturing process?
Answer:
Materials management
Explanation:
Materials management is the continuous supply or provision of materials required to produce goods in a manufacturing company.
The purpose of materials management is to ensure that there are no interruption or delay in the supply of quality raw materials needed for production purposes . This is because if there are interruptions in the supply of materials , such may affect the expected output of the organization hence results in lower profit . The portion of the market controlled by the organization may be affected as well including their brand reputation.
which group determines the acceptance of fashion A. fashion forecasters B. Designers C. consumers D. countries
Answer:
B
Explanation:
Answer:
c. consumers
Explanation:
PLATO
An increase in the incomes of U.S. trading partners would shift the U.S.: A. aggregate supply curve to the left B. aggregate demand curve to the left C. aggregate demand curve to the right D. aggregate supply curve to the right
Answer: aggregate demand curve to the right
Explanation:
An ncrease in the incomes of U.S. trading partners would shift the U.S aggregate demand curve to the right.
This is because when there is an increase in income, this will lead to more purchases been made which will invariably lead to an outward shift of the demand curve.
Hertz Car Rental has a customer loyalty program called Gold Plus Rewards that rewards members with one point per dollar spent on qualifying rentals. Free weekend rentals can be earned for as few as 500 points. By having a customer loyalty program, Hertz is using __________ marketing.
Answer:
Relationship
Explanation:
Relationship marketing refers to the marketing in which the company could maintain the loyalty with the customer and predict that the long term relationship could be maintained.
It could be in terms of price, discounts, redeem points, quality, services, after-sales services, etc
Since in the question it is mentioned that the 500 points could be earned so this represents a relationship marketing
Suppose the United States can produce 2,000 cars or 2,000 trucks. Japan can produce either 2,000 cars or 1,000 trucks. In terms of car production, we can conclude that
Answer: Japan has a Comparative Advantage
Explanation:
The country that has a Comparative Advantage in the production of a good is the one that has to give up less of another good to produce it. In other words, it is the country with a lower Opportunity cost.
The United States can either produce 2,000 cars or 2,000 trucks. This means that to produce 1 car the US foregoes;
= 2,000/2,000
= 1 Truck
Japan can either produce 2,000 cars or 1,000 trucks. This means that for every car produced the Japanese forgo;
= 1,000/2,000
= 0.5 trucks.
The Opportunity cost for the Japanese is less for producing cars so they have the comparative advantage.
The company that you are working for has a highly available architecture consisting of an elastic load balancer and several EC2 instances configured with auto-scaling in three Availability Zones. You want to monitor your EC2 instances based on a particular metric, which is not readily available in CloudWatch. What is a custom metric in CloudWatch which you have to manually set up?
Answer:
Memory Utilization of an EC2 instance
Explanation:
An EC2 instance is a server that is in terms of virtual in the Amazon Elastic Compute Cloud (EC2) to run the applications over the web services. It is a platform that should be cloud computing for permitting the subscribers of the business in order to run the programs related to the applications
Therefore according to the given situation, the custom metric that should be manually set up is utilization of the memory for EC2 instance
A price cap regulation _______. eliminates deadweight loss is often combined wit a government subsidy, which makes the market efficient is a price ceiling sets price equal to marginal cost
Options:
A price cap regulation _______.
a. eliminates deadweight loss
b. is often combined with a government subsidy,
c. which makes the market efficient is a price ceiling
d. sets price equal to marginal cost
Answer:
c. which makes the market efficient is a price ceiling
Explanation:
Price ceilings are usually enforced in other to maintain an efficient market. They directed mainly to sellers which restricts the price of a commodity to a maximum amount.
A good example is the price of gasoline, in many countries, the law mandates a maximum price gas stations can sell.
A registered representative (RR) recommends an AAA-rated municipal general obligation bond for the investment account of one of his clients. The client profile shows the customer is 25 years old, is in a low-income tax bracket, and has an aggressive long-term growth objective. This recommendation is
Answer:
not good and inappropriate for this type of client.
Explanation:
AAA-rated municipal bonds generally yield very low interest rates and if this client is very young (only 25 years old), doesn't have a lot of money, and has an aggressive growth objective, he/she should invest in more riskier securities that can possibly yield higher returns, e.g. stock market. This client needs higher returns, and investing in low risk and low return securities will not be suitable for him/her. This type of investment is best for retired people that actually have accumulated a large capital.
Transportation has sometimes been described as the glue that holds global supply hain together. What is the meaning of this statement and do you agree? Why or Why not?
Answer:
Transportation is the key of supply chain management.
The main focus of this statement is that the supply is the most essential part of being the goods actually delivered and made available for its consumption.
The goods require to be delivered on time and on the specific location for its maximum availability to the consumer to consume at the right time.
This is the main responsibility of the supply chain which is completed through transportation. With this information also plays a vital role, transportation is not possible accurately if the correct information is not available.
Yes I agree to the above statement, reason being that without transportation the consumer can not get the desired product at the right time at the right location.
Peterson Manufacturing and the local steelworkers' union are having a negotiation breakdown. Peterson's management is keeping employees out of the workplace and running the operation with temporary replacements. Which type of strategy is most likely being used to overcome the negotiation breakdown
Answer:
B) lockout
Explanation:
Since in the question it is mentioned the manufacturing Peterson and the local steelworkers contain the negotiation breakdown also is keep out of the work place and runs the operations with non permanenet replacements
So here to overcome this breakdown, the lockout strategy is used
And all other given options are wrong.
Katie wants to be successful in her selling career, so she strives to improve her _____ knowledge by working on her sales abilities and understanding different selling techniques.
Answer:
B. selling-related
Explanation:
Here are the options to this question :
A. customer-related
B. selling-related
C. industry
D. technical
E. market-related
Katie wants to be successful in her selling career, so it is necessary for her to gain knowledge in the field she wants to be successful in. So, she should be improving her selling related knowledge
A fund starts with a zero balance at time zero. The fund accumulates with a varying force of interest : δ t = 2 t t 2 + 1 for t > 0 A deposit of $100,000 is made at time 2. Calculate the number of years from the time of deposit for the fund to double.
Answer and Explanation:
Given function
S(t) =2t/t²+1 where t > 0
and fund accumulates with a varying force of interest.
and $100,000 is deposited at time 2.
Number of years it will take from the time of deposit for the fund to double,
Substituting t in the formula given that t is 1 because t>0 and deposit begins to grow from time of deposit 2
= S(t)= 2*1/1² + 1=1
Therefore time it will take for funds to double is 1 year from time of deposit