Answer:
74.46%
Explanation:
Since the project has a chance of doubling investment, it has a chance of making a +100% return. The project also have a chance of losing half of its investment that is -50% return. The expected return E(r) is given by:
E(r) = chance of doubling investment + chance of losing half of its investment
E(r) = 0.44(100%) + 0.56(-50%) = 0.44(1) + 0.56(-0.5) = 0.44 - 0.28 = 0.16
σ² = 0.44(100% - E(r))² + 0.56(-50%-E(r))² = 0.44(1 - 0.16)² + 0.56(-0.5 - 0.16)² = 0.310464 + 0.243936 = 0.5544
σ = √σ² = √0.5544 = 0.7446 = 74.46%
The standard deviation is 74.46%
. If the price of CD Players go up, what would happen to the supply of
CD’s? Show and explain the effect of this on price and output of CD’s
Answer:
According to the principles of economics, price and supply are positively correlated. That is, price and supply usually move in the same direction.
The obverse is true for Demand and Price. All things being equal, demand would usually go in the opposite direction of price.
Explanation:
In the question above, we have a scenario involving Joint Demand. Joint demand when the need or demand for a commodity arises as a result of the demand for another. Some examples are:
Mobile phones and the internet (data bundles);Motor Vehicles and Engine OilThe example in the question CD player and CDs is also a great example. Joint Demand is also referred to as Complementary Demand.
When there is a complementary relationship between two products, the rise or fall in the demand of one equals the rise or fall in the demand of the other.
When the price of CD players go up, the demand for it does down while its supply goes up. When the supply of CD players goes up, this will probably create a glut in the market because demand will go down.
When demand for CD players go down, it's complimentary demand -CDs will also experience a low output. In the long run, the prices for both will come down.
Cheers!
The federal government has asked how your company plans to reduce pollution in your metropolitan area. You decide to organize a team (members from different departments) to handle the government's request. To increase a sense of empowerment, what should you do?
The question is incomplete:
The federal government has asked how your company plans to reduce pollution in your metropolitan area. You decide to organize a team (members from different departments) to handle the government's request. To increase a sense of empowerment, what should you do?
A) Have them generate ideas for you to decide
B) Treat them as a suggestion team and have them teach each other their job
C) Allow them to make the decision but tell them that you will handle how the decision will be implemented
D) Allow them to make the decision and implement the solution as well
Answer:
D) Allow them to make the decision and implement the solution as well
Explanation:
Empowerment means to provide employees certin autonomy and giving them the resources to handle their projects. According to this, the answer is that to increase a sense of empowerment, you should allow them to make the decision and implement the solution as well as you will be allowing the employees to have the responsability to handle a task completely.
The other options are not right because when the supervisor maintains certain power to make decisions, employees don't increase the sense of empowerment as they are not able to handle the request by themselves.
On April 30, Jemison Engineering receives a special order for a swing set to be delivered to the customer in a month's time. Jemison purchases a number of items specifically for the construction of the swing set: lumber, chains, railings and paint. According to the matching concept, when will Jemison Engineering record the cost of those special items as a cost of goods sold expense?
Answer:
When they record the sales revenue related to this special order.
Explanation:
The matching principle of accounting states that you must record revenue and all related COGS at the same time, i.e. when Jamison Engineering records sales revenue, they also must record COGS associated to the sales. Accrual accounting establishes that you cannot record COGS at a prior or later date.
Merton's Toothpaste has been the leader of dental care products for about 40 years. However, this company relied too long on its competency of reducing cavities without refining or upgrading other aspects of its product. As a result, other personal hygiene companies that began to offer toothpastes with natural whitening agents gained a competitive advantage over Merton's. This case is an example of dynamic capabilities. resource flow. core rigidity. value chain.
Answer:
Core rigidity.
Explanation:
In this scenario, Merton's Toothpaste has been the leader of dental care products for about 40 years. However, it relied too long on its competency of reducing cavities without refining or upgrading other aspects of its product. As a result, other personal hygiene companies that began to offer toothpastes with natural whitening agents gained a competitive advantage over Merton's. This case is an example of core rigidity.
Core rigidity is the flip side or contrast of both core capabilities and competency. Core rigidity is usually caused when a successful business entity dwell for too long on advantages, capabilities and competency as a result of its dominant position. However, its rivals in the same industry are evolving, getting better and gradually taking over the market because the successful business entity didn't improve or become innovative.
In conclusion, when Merton relied too long on its competency of reducing cavities without refining or upgrading other aspects of its product, other personal hygiene companies that began to offer toothpastes with natural whitening agents gained a competitive advantage over Merton's.
investment spending includes spending on
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
Have a good day and stay safe!
In your own words, discuss the payback period, NPV (net present value), and IRR (internal rate of return) methods for capital budgeting analysis. What result does each method provide the user? What are the limitations of each of these methods? Which method would you find most useful in making the best investment decisions for your business and why?
Answer:
The net present value (NPV) is the most important and useful method of capital budgeting analysis. It is basically calculated by determining the present value of all the future cash flows generated by a project and then subtract the original investment cost. If the answer is positive (positive NPV) then the project should be profitable and the company should go ahead with it. The limitation of NPV results from the discount rate used to calculate the present value, since it is extremely important to use the proper discount rate and not one that is too low or too high.
The second most useful tool is the internal rate of return (IRR) which is very related to the NPV. The IRR shows us basically at what discount rate the NPV would equal 0. Generally if the IRR is higher than the discount rate the NPV should be positive.
The payback period shows us how much time it takes a project to recover the original amount of money invested in it. The payback period is only useful for some industries where early obsolescence might be a problem. E.g. technological firms only approve projects with very short payback periods because their products might be obsolete in just one or two years.
You are the owner of a local Honda dealership. Unlike other dealerships in the area, you take pride in your "No Haggle" sales policy. Last year, your dealership earned record profits of $1.5 million. However, according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors. In your market, the price elasticity of demand for midsized Honda automobiles is 4.5. In each of the last five years, your dealership has sold more midsized automobiles than any other Honda dealership in the nation. This entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (MSRP) in each year. Taking this into account, your marginal cost of a midsized automobile is $11,000. What price should you charge for a midsized automobile if you expect to maintain your record sales?
Answer:
$11880
Explanation:
Given that:
In a local Honda Dealership;
Last year, your dealership earned a record profits of $1.5 million
according to the local Chamber of Commerce, your earnings were 10 percent less than either of your competitors.
The Price Elasticity of demand E = - 4.5
Marginal cost of a midsized automobile = $11,000
Let assume that In your market, you compete against two other dealers
From The above given data , the objective is to determine the What price should you charge for a midsized automobile if you expect to maintain your record sales.
So; in order to achieve that ; we consider the scenario of an Oligopoly market by using the markup formula for homogeneous product Cournot Oligopoly which can be represented as:
[tex]P = (\dfrac{n*E}{1+ n*E})*MC[/tex]
[tex]P = (\dfrac{3*(-4.5)}{1+(3*-4.5)})*11000[/tex]
[tex]P = (\dfrac{-13.5}{1+(-13.5)})*11000[/tex]
[tex]P = (\dfrac{-13.5}{-12.5})*11000[/tex]
P = 1.08 × 11000
P = $11880
Hence. the price you should charge for a midsized automobile if you expect to maintain your record sales is $11880
X Y and Z are partners sharing profit in the ratio of 2 by 3 ratio 1 by 4 ratio 1 by 12 calculate the new ratio if x retires
Answer:
Y : Z = 3 : 1
Explanation:
Given:
X's share = 2/3
Y's share = 1/4
Z's share = 1/12
Find:
New ratio, when X retires
Computation:
X retires , So remain partners are 'Y' and 'Z'
Y's share = 1/4
Z's share = 1/12
Y : Z = 1/4 : 1/12
By taking LCM:
Y : Z = 3/12 : 1/12
Y : Z = 3 : 1
Write any two features of RTGS.
Features of RTGS Transaction
Realtime online fund transfer.
Used for high value transactions.
Safe and secure.
Reliable and backed by RBI.
Immediate clearing.
Funds credited on a one-on-one basis.
Transactions executed on an individual and gross basis.
Blissful Blankets' target profit is $520,000. Each blanket has a contribution margin of $21. Fixed costs are $320,000. The number of blankets Blissful Blankets need to sell in order to achieve its target profit is
Answer:
40,000 blankets
Explanation:
Number of blankets that needed to be sold to achieve a desired profit = Fixed costs + Targeted profit / Contribution margin
= ($320,000 + $520,000) / $21
= 40,000 blankets
True or false: The sales mix must be taken into consideration when calculating the break-even point for more than one product due to different selling prices, costs, and contribution margins among the products.
Answer:
I believe it's true I'm not completely sure but hopefully this helps:/
which of the following is the features of memorandum. (a) no salutation (b) dear ma/sir (c) it contains letter headed paper (d) it contains e-mail
Answer:
(c) it contains letter headed paper
Explanation:
A memorandum can be referred to as it's short form called a Memo. A memorandum is an official means of communicating internally with the staff or employees of an organization about the day to day running or operations of such an organization.
Features of a Memorandum ( Memo) includes:
a) It is always typed or written on the company's letter headed paper.
b) It includes the person or persons who the memo is been addressed to
c) It includes the name and signature of person writing the memo.
d) Subject or title of the memo.
e) Information about the subject of the memo.
Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina. He realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people. Which philosophical approach to ethics does this demonstrate
Answer: Utilitarian
Explanation:
From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people
This is referred to as utilitarianism.
Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.
Felicia is very warm and accepting to both of her two children, but she also sets firm rules that the children must follow with very few exceptions. The characteristics that best describe her are:
Answer:
Responsive and demanding
Explanation:
according to Baumrind, there are four parenting styles :
Authoritative
authoritarian
permissive
Neglectful
Parenting behaviour are divided into two dimensions :
demandingness - when a parent controls their child's actions
Responsiveness - refers to the extent to which the parent accepts and recognises their child's needs
Hannah, an engineer for an oil company, is interested in working overseas at this stage of her life because she knows that foreign work experience demonstrates ____ to potential employers.
Options :
A. independence, resourcefulness, and discipline
B. good management skills
C. independence and strong leadership skills
D. independence, resourcefulness, and entrepreneurship
E. discipline and a strong will
Answer: D. independence, resourcefulness, and entrepreneurship
Explanation: Exposure offers a lot in terms of experience to those who choose to be. In terms of career, being exposed to one's field of choice in a different or foreign climate, terrain and culture is often of huge importance to one's credential or portfolio as it demonstrates key elements requires to make one standout among peers. It shows one's capability to survive and adapt and be independent in a somewhat unfamiliar terrain. It also provide invaluable experience hence making one very resourceful while also demonstrating one's entrepreneurial capability. These skills gives who posses them an edge among peers and are tempting to potential employers.
Dag runs a hardware store. He learned that customers process the price of $9.99 as significantly lower than the price of $10.00 because of the reduced digit count in the price point. Accordingly, he follows this rule to set up the prices for all products. Dag uses a ________ strategy.
Answer: Psychological pricing
Explanation: The psychological pricing policy refers to a pricing strategy which could be said to have given rise to the use of price points whereby price of products are not perfectly rounded to rational whole numbers such example is when a product which cost $10.00 as in the scenario above is instead attached a price of $9.99. These imperfectly rounded numbers tend to have a greater psychological effect on buyers than perfectly rounded figures as buyers seem to portray these numbers as being lower than they are in actual sense.
If an economist wishes to determine whether there is evidence that mean family income in a community exceeds $50,000, a. either a one-tail or two-tail test could be used with equivalent results. b. a one-tail test should be utilized. c. a two-tail test should be utilized. d. None of the above.
Answer:
b. a one-tail test should be utilized.
Explanation:
It can be said that the best way for the economist to make this determination would be to use a one-tail test. This is a statistical test in which the critical area of a distribution is one-sided, making it either exceed or fall short of a certain value, but not both as seen in the graph below. Which in this case, the certain value would be $50,000 and the information will be on either side. Thus showing the economist if the mean family income truly exceeds the $50,000
Valley Designs issued a 90-day, 6% note for $60,000, dated April 22, to Bork Furniture Company on account. Assume 360 days in a year when computing the interest. a. Determine the due date of the note. July 21 b. Determine the maturity value of the note.
Answer:
a. 21 July
b. $30,900
Explanation:
a. The computation of due date of the note is shown below:-
= 8 + 31 + 30 + 21
= 21 July
b. The computation of maturity value of the note is shown below:-
Maturity value of the note = Principal + Interest
= $60,000 + ($60,000 × 6% × 90 ÷ 360)
= $30,000 + $450
= $30,900
Therefore we have applied the above formula.
Page 576 14.3. Recent Changes in Capitalism This animation explores different reasons why people work long hours even when their professional or financial situation would enable them to dial back. A key concept in this context is that of the opportunity cost of leisure. How is this concept best explained
Answer:
The summary including its perceived task is demonstrated in the following segment on the interpretation.
Explanation:
The further you pay, then you pass up to make a change from generating income. This would be called opportunity cost since taking a short break is losing the chance to go somewhere else (i.e. gain further extra cash).This is much less the continuation of something like a withheld opportunity than that of the recovery on the alternative you picked.A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:
Answer:
The correct journal entry to record the payment on July 12 is:
Accounts Payable $1,600(debit)
Discount Received $32 (credit)
Cash $1,568 (credit)
Explanation:
When Company Purchases Merchandise
Merchandise Inventory $1,800 (debit)
Accounts Payable $1,800 (credit)
When Company Returns some Merchandise
Accounts Payable $200 (debit)
Merchandise Inventory $200 (credit)
When Company pay for the Inventory on 12 July
Note : Payment is made within the Cash discount period and it is eligible for the 2% Cash Discount.
Accounts Payable $1,600(debit)
Discount Received $32 (credit)
Cash $1,568 (credit)
The correct journal entry to record the payment on July 12 is:
Accounts Payable (debit) - $1,600
Discount Received (credit) - $32
Cash (credit) - $1,568
A journal entry is the process of recording any transaction, whether it is commercial or not. An accounting diary that displays the debit, as well as credit balances of a corporation, lists transactions.
The journal entry will be:
1. Merchandise Inventory (debit) - $1,800
Accounts Payable (credit) - $1,800
2. Accounts Payable (debit )- $200
Merchandise Inventory (credit) - $200
3. Accounts Payable (debit)- $1,600
Discount Received (credit) - $32
Cash (credit)- $1,568
Learn more about journal entry, here:
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Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increase sales by one bicycle per month, the monopolist must lower the price of its bicycles by $50 to $650 per bicycle. The marginal revenue of the 11th bicycle is
Answer:
$150
Explanation:
A monopoly is when there's only one firm operating in an industry
Marginal revenue is the change in revenue when one extra unit of a product is sold.
=( $700 × 10) - (650 × 11) = $150
. If the price of CD Players go up, what would happen to the supply of
CD’s? Show and explain the effect of this on price and output of CD’s
Answer:
a
Explanation:
You are the General Manager of a regional chemical company. In the course of producing your bulk chemicals, large amount of particles and smoke are emitted through your plant's smokestack. The level of pollutants is well below current EPA regulations, and you are violating no laws, but neighborhood groups are complaining about minor health problems caused by the smoke. After investigating numerous alternatives, you find the most effective solution would be to install a "scubber" system which will remove 90% of the pollutants and ash. The cost of the "scrubber" system is $10 milion and your company's annual profits are $2 million. Who are you company's stakholders to consider in this scenario and would you install it?
Answer:
The answer is explained below
Explanation:
The companies board of directors as well as you would consider whether it is best to install the scubber system. When determining whether to install the scubber system both short and long term consequences are to be considered. If presently, the level of pollution is legal, you need to consider if in the future it would be legal? if the installation of the scubber system would affect the public relations of the company. After considering all this, it would be better to install because the pollution can lead to death, and the neighborhood can sue the company. Also the EPA regulations can be regulated.
An informal session of 6 to 10 customers in which a moderator asks their opinions about a firm's and its competitors' products, how they use these products, and special needs these products don't address is known as a(n)
Answer:
Focus group
Explanation:
Focus group is a small group of people who are introduced in an open discussion for research purpose. In the given question there is a informal session with 6 - 10 customers in which their opinions are considered about a firms products. This is a small group session which is initiated to identify product features and how these customers use these products. This is focus group for research purpose.
Which best describes a way people can use personal loans? to buy a house to buy a bicycle to pay for college to pay for groceries
Answer:
c. to pay for college
Explanation:
just took the test
Answer:
C. to pay for college
Explanation:
Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $390,000 and credit sales are $1,300,000. An aging of accounts receivable shows that approximately 5% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if Allowance for Doubtful Accounts has a credit balance of $2,500 before adjustment? a. Bad Debt Expense65,000 Allowance for Doubtful Accounts65,000 b. Bad Debt Expense19,500 Allowance for Doubtful Accounts19,500 c. Bad Debt Expense22,000 Allowance for Doubtful Accounts22,000 d. Bad Debt Expense17,000 Allowance for Doubtful Accounts17,000
Answer:
d. Debit Credit
Bad Debt Expense $17,000
Allowance For Doubtful Accounts $17,000
Explanation:
Estimates of uncollectible ( $390,000× 5%) = $19,500
Less: Allowance For Doubtful Accounts Credit= ($2500)
Bad Debt Expense= $17,000
Nick won $1000 lottery prize He can't decide what he should spend the money con buy a console, a bike ,a watch or a trip . He gives up the bike and the watch but he rally wants the console. In the end he saves it all for the trip. Which item is the opportunity cost of Nick's trip?
Answer: Console
Explanation:
Opportunity cost is what one forgoes in order to get somethings else. Opportunity cost is as a result of limited resources hence a choice has to be made.
From thw question, we are told that
Nick won $1000 lottery prize and he can't decide what he should spend the money on buy as he wanted a console, a bike ,a watch or go on a trip. We are further told that he gives up the bike and the watch but he really wants the console and that in the end he saves it all for the trip.
The opportunity cost here is the console. He wasn't really interested in the bike or watch but he really as very interested in the console and he eventually gave up on the console for the trip.
A company pays an employee $3,000 for a five-day work week, monday–friday. the adjusting entry on december 31, which is a wednesday, is a debit to wages expense, $1,800, and a credit to wages payable, $1,800. true
Answer: True
Explanation:
From the question, we are told that a company pays an employee $3,000 for a five-day work week from Monday to Friday. This means that the employee receives a daily payment of ($3,000/5) = $600.
On Wednesday which is the third day, he will be paid ($600 × 3) = $1800. Therefore , the adjusting entry on December 31, which falls on a Wednesday will be to debit the wages expense, $1,800, and then credit to wages payable of $1,800.
Medeco sold goods for $100 to a charge customer. The customer returned for credit $25 worth of goods. Terms of the sale were 1/10,n/30. If the customer pays the amount owed within the discount period, what is the amount the customer should pay?
Answer: $74.25
Explanation:
Sale price of goods = $100
Worth of returned goods = $25
Term of sale = 1/10, n/30
Price if customer pays within the discount period equals :
Term of sale: 1% discount on price if the amount owed is paid within 10 days, else full amount is due in 30 days.
Actual price of goods purchased :
Goods purchased - worth of return
$100 - $25 = $75
Discount on price = 1% of $75
(1/ 100) × $75
0.01 × $75 = $0.75
Amount customer should pay:
$75 - $0.75 = $74.25
Collier Chemicals has redesigned many jobs to make the work more interesting and challenging for its employees. The company encourages its employees to further their education by reimbursing them up to $7,500 per year for tuition and related expenses. Collier also recognizes employee achievements at an annual company picnic each June and a company holiday party each December. Talented employees are given promotions and added responsibilities. These policies suggest that management at Collier Chemicals is using the findings of
Answer:
Finding of Fredrick Herzberg to increase workers or employee motivation
Explanation:
Based on the information given Collier Chemicals is using the findings of Fredrick Herzberg to increase the workers or employees motivation, which is why Collier Chemical was doing the following for their workers:
1.By encouraging their employees to further their education by reimbursing them with the amount of $7,500 per year for tuition as wells other related expenses.
2.Collier chemical recognizes their employee achievements annually through picnic and company holiday .
3. The company as well gives Talented employees promotions and added responsibilities.
Therefore Fredrick Herzberg was very interested in workers or employee motivation as well as their job satisfaction which made him to conduct his research by asking a group of people about their good as well as their bad experiences at work in which he was surprised that the answer that the group of people gave him about their good experiences at works is very differently from the ones about their bad experiences at work which made him to develop his own theory about motivation at work by fully concentrating on the importance and significant of internal job factors as motivating forces for employees or workers which was designed by him to help increase job enrichment for employees or workers .