IKEA is a Swedish furniture company that has been providing its products to customers globally. IKEA's pricing strategies have been an essential aspect of the company’s growth.
Success and expansion into the international market. IKEA's pricing strategy is based on various internal and external factors that have impacted the company's pricing structure, including the entry into Bahrain.Let's discuss how IKEA changed its pricing strategy to enter Bahrain:External factors affecting IKEA's pricing strategy in Bahrain Bahrain has several external factors.
The company adjusted its pricing strategy based on external and internal factors to meet customer needs and gain more market share. The company’s low pricing strategy and high-quality products were the key to its success in Bahrain.
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subdivision regulations (private deed restrictions) may be modified by those affected within what time period?
Private deed restrictions may be modified by those affected within what time period. In most instances, private deed restrictions may be amended, modified, or removed through a particular procedure specified in the deed. or the relevant court is required before they can be removed.
Alternatively, private deed restrictions may be modified by those affected within a reasonable time period. In most situations, private deed restrictions have a time limit. If the deed restrictions expire, they will no longer bind the property. According to a court's verdict, these time restrictions must be fair and considerate of all affected parties. If the time restriction is considered unfair, the court may revoke or modify it, which may result in a fine being imposed on the breaching party. In summary, private deed restrictions may be modified by those affected within a reasonable time period. If the time limit is expired, the deed restriction will no longer be binding on the property.
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seana owns a small pet shop and expects inflation to be 3% next year. a. by how much does seana expect her marginal costs to change?
Seana expects her marginal costs to increase by $30 due to the expected 3% inflation rate.
To calculate the expected change in Seana's marginal costs due to inflation, we need to apply the inflation rate to the current marginal costs.Let's assume that Seana's current marginal costs are $1,000.To find the change in marginal costs, we multiply the current marginal costs by the inflation rate:Change in Marginal Costs = Current Marginal Costs * Inflation RateChange in Marginal Costs = $1,000 * 0.03Change in Marginal Costs = $30Therefore, Seana expects her marginal costs to increase by $30 due to the expected 3% inflation rate.It's important to note that this calculation assumes a simple linear relationship between the inflation rate and marginal costs. In reality, the relationship may be more complex, and other factors such as supplier price increases and changes in operating expenses may also affect marginal costs. However, for the purpose of this calculation, we have considered only the impact of inflation on marginal costs.For more questions on marginal costs
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If a country’s current account is in a $100m surplus, what are
the capital account and balance of payments equal to? (Assume there
are no changes to international reserves.)
When a country has a current account surplus of $100m, then the capital account and the balance of payments are also equal to $100m. A country's balance of payments (BOP) is the summary of all financial transactions between a country and the rest of the world over a certain period of time.
It includes all of the country's transactions in the current account, capital account, and financial account. The capital account of a country records all of its capital inflows and outflows, while the current account records its trade in goods and services.
When the current account of a country has a surplus, it means that it has exported more goods and services than it has imported, resulting in a net inflow of foreign currency. This inflow of foreign currency will show up in the capital account of the country as a capital outflow.
This is because the country's residents are buying more foreign assets than they are selling to foreigners. Since there are no changes in the international reserves.
The balance of payments is equal to the current account surplus, which is $100m. Thus, the capital account is equal to -$100m and the balance of payments is equal to $100m.
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Extra Credit: Based on what you understand abouta
distributor's business, in addition to meeting customer
service expectations, which two goals shown below
generally describe those of a distributor?
1. maximize inventory tumoverand mwimize 3ros magls
2. maximize inventory turnover and minimize gross margins
3. minimize brand assortment and expand market reach
4. reduce your inventory turnover as much as possible and
increase variable costs
MacBook,
The required answer to this question is based on my understanding of a distributor's business, the two goals that generally describe their objectives are:
1) Maximize inventory turnover and minimize gross margins:
Distributors typically aim to efficiently manage their inventory by ensuring a high turnover rate. This means selling products quickly and avoiding excess inventory that can tie up capital and increase storage costs. Additionally, distributors often try to minimize their gross margins to remain competitive in the market and attract customers with competitive pricing.
2) Expand market reach:
Distributors often strive to expand their market reach by reaching new customers and entering new geographic regions or market segments. They may invest in marketing and sales efforts to increase their customer base and distribution channels. Expanding market reach allows distributors to capture more sales and increase their overall business volume.
Therefore, the correct answer would be option 1: maximize inventory turnover and minimize gross margins, as well as option 3: minimize brand assortment and expand market reach.
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Ellle chooses to go to college full time rather than to work. Ellie: is not part of the labor force. Is part of the labor force and what economists call a discouraged worker. is part of the labor force, but not actively seeking work. is considered employed. 5 of 50 Government expenditure in the United States is close to 20% of GDP and includes spending by all three ievels of government: federal, state, and local. True False 6 of 50 Central planning is a key characteristic of which economic system? Free maket system Command and control system Price system Moxed economic system 7 of 50 The opportunity cost of attend ing college is ekely to include all except which of the following? Spending time weh family and friends The income you forgo in order to attend classes Hands on experience The cost of groceries during the school term
Ellie who chooses to go to college full time rather than to work is part of the labor force, but not actively seeking work. Generally, the labor force is made up of all people who are employed or actively looking for work. An individual is considered to be actively seeking employment if they have actively looked for work in the past four weeks.However, Ellie is not actively seeking work because she chooses to go to college full time. So, Ellie is part of the labor force but not actively seeking work.
The correct option for the one second is False. Central planning is a key characteristic of a Command and control system economic system. The correct answer to the third question is Spending time with family and friends. The opportunity cost of attending college is what a student loses out on by taking one option over another. The cost of groceries during the school term, the income you forgo in order to attend classes, and the hands-on experience are all part of the opportunity cost of attending college. Spending time with family and friends is not typically considered as part of the opportunity cost of attending college.
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What is the YTD value of New Facilities added by the Royal Ambience? Name a competitor that has higher value than the Royal Ambience. YTD Inventory Purchases for the Royal Ambience have been? The competence of the Room Attendants \& Public Areas position is? The YTD expenses for the Express Check n /Out is? What do guests think of the Royal Ambience's staff? What are the YTD property taxes for the Royal Ambience?
The given question belongs to the topic of Hotel Front Office Operations. The YTD value of New Facilities added by the Royal Ambience is missing in the question. A Competitor, Ritz Carlton, has a higher value than the Royal Ambience.
YTD stands for Year to Date. It refers to the time period from the beginning of the year to the present date. Here are the answers to the given questions:
1. The question is incomplete and doesn't provide the YTD value of New Facilities added by the Royal Ambience. So, it can't be answered.
2. The question doesn't provide any information about the YTD Inventory Purchases for the Royal Ambience. So, it can't be answered.
3. Competence of the Room Attendants & Public Areas position is not given in the question. So, it can't be answered.
4. The YTD expenses for the Express Check n/Out is not provided in the question. So, it can't be answered.
5. The guests have a high opinion of the Royal Ambience's staff. They are courteous, helpful, and responsive to the guests' needs.
6. The question doesn't provide any information about the YTD property taxes for the Royal Ambience. So, it can't be answered.
7. A Competitor, Ritz Carlton, has a higher value than the Royal Ambience.
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1A
Which of the following is true of robber barons in the context of the history of entrepreneurial businesses in the United States?
They were responsible for the failure of several small businesses.
They failed to take advantage of the economies of scale.
They indulged in great abuses in order to succeed in their business.
They dominated those industrial sectors that were already well-established.
1B.
The U.S. Census tracks employment by number of employees (among many other statistics), and the latest census reports indicate that ________.
firms with fewer than 99 employees represent 35 percent of all part-time employees in the Unites States
there is an extensive presence of venture capital for start-ups outside of the United States
firms with more than 500 employees represent approximately 35 percent of all full-time employees in the United States
firms with fewer than 99 employees represent 76 percent of all firms in the United States
1C.
Which of the following is a characteristic of an entrepreneurial firm?
The business receives funding through angel investment.
The firm tends to develop operations in multiple locations.
The number of employees can be as few as zero or one.
The business begins with a harvest plan in place.
1A. Entrepreneurial businesses indulged in great abuses.
2B. Firms with fewer than 99 employees represent 76 percent of all firms in the United States.
1C. The number of employees can be as few as zero or one.
1A. They indulged in great abuses in order to succeed in their business is true of robber barons in the context of the history of entrepreneurial businesses in the United States.
2B. Firms with fewer than 99 employees represent 76 percent of all firms in the United States.
1C. The number of employees can be as few as zero or one is a characteristic of an entrepreneurial firm.
Entrepreneurship is the process of beginning and running a new company in order to earn money and to develop a new and innovative solution to a problem in the market.It necessitates the ability to organize, develop, and run a business venture, as well as the ability to be profitable, efficient, and adaptable to change.Entrepreneurship is characterized by innovation and risk-taking, as well as a willingness to accept and learn from failure. Entrepreneurs are frequently thought of as possessing the drive, vision, and creativity required to come up with new ideas and bring them to fruition while taking on financial risks.Know more about the Entrepreneurship
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A transaction that will increase the quick ratio but cause the current ratio to decline
Select one:
a.
Collection of an account receivable.
b.
Investing cash in plant assets.
c.
Sale of inventory at a price below cost.
d.
Short-term borrowing
The transaction that will increase the quick ratio but cause the current ratio to decline is d. Short-term borrowing.
Short-term borrowing increases the quick ratio because it adds cash to the current assets, which are included in the calculation of the quick asset. However, it does not affect the current liabilities, resulting in a decline in the current ratio.
Short-term borrowing refers to obtaining funds for a relatively short period, typically less than one year, to meet immediate financing needs. It is a financing strategy that allows organizations to bridge temporary cash flow gaps, fund working capital requirements, or cover unexpected expenses. Short-term borrowing options include lines of credit, bank overdrafts, trade credit, commercial paper, and short-term loans. These financing sources offer flexibility, quick access to funds, and often have lower interest rates compared to long-term borrowing.
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BRAND NEW POST PLEASE
No plagarism / no textbook answer please
Lengthy response please/ NEED NEW ANSWER / ANSWER NEVER USED BEFORE/ no textbook answers please.
Define expatriate managers and domestic managers using the literature. Explain the weaknesses and benefits of each and why a company would choose one over the other in which instances. Please do some research And pick issues to discuss. Please make sure to apply the international trade theory to your discussion.
COPY AND PASTE Answer in paragraphs, and no picture attachment please.
ANSWER THROUGHLY 1 page
*************NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE************
PLEASE ANSWER THROUGHLY ALL ANSWERS
Expatriate managers bring global perspective, cultural adaptability, but higher costs and potential challenges in foreign environments, language, and culture.
In the realm of international business management, there are two different types of professionals: expatriate managers and domestic managers. Expatriate managers are individuals who are deployed by a company to work in a foreign nation and manage its operations there. They are sometimes referred to as expatriates or international assignees. Domestic managers, on the other hand, are natives who are employed by a business to run its domestic activities.
The capacity of international managers to adapt to different cultures is one of their advantages. They are knowledgeable with the operations and the home country of the company, as well as the customs and commercial practises of the host nation. Due to this, they are able to effectively bridge the gap between the two cultures.coordination and dialogue. Additionally, foreign managers bring a plethora of domestic knowledge and experience with them, which can promote innovation and the dissemination of best practices.
However, there are a number of drawbacks to hiring foreign management. First off, hiring and keeping foreign managers often costs more than keeping domestic managers. To ensure the welfare and motivation of expats, businesses must offer relocation aid, housing, tax equalization, and other advantages. Additionally, foreign managers may experience difficulties adjusting to the business environment, linguistic obstacles, and cultural peculiarities of the host nation. These elements may reduce their efficiency and possibly result in misunderstandings or poor communication.
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when providing managerial advice, is it important to anticipate unintended consequences? group of answer choices yes, because unintended consequences only occur if you anticipate them. otherwise, they may not happen at all. yes, because the cost of creating a new problem as a side effect should be included in the decision of which solution to adopt. sort of like accounting for collateral damage in decision-making. no, because they will happen whether you anticipate them or not, therefore you don't need to worry about them. just let them be. no, because they are not the intended consequence of the recommended managerial advice. you should focus only on the intended consequence.
Yes, When providing managerial advice, is it important to anticipate unintended consequences because the cost of creating a new problem as a side effect should be included in the decision of which solution to adopt. sort of like accounting for collateral damage in decision-making. The correct option is B.
It is important to plan for unanticipated outcomes while giving managerial advice. Despite the fact that unexpected effects may happen despite planning, taking them into account enables managers to assess the risks and expenses related to various solutions. Decision-makers can minimize negative effects and maximize favorable results by recognizing the likelihood of unintended consequences and making educated decisions. Ignoring unintended consequences might cause unexpected issues and impair sound decision-making.
Thus, the ideal selection is option B.
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I have trouble solving this question please help with clear steps to solve the problem.
You work for a company that has developed a new product. You expect that theproduct’s profits will be $3 million in its first year and that this amount will grow at arate of 4% per year for the next 10 years. After that, competition from knock-offcompetitors will likely drive profits to zero. What is the present value of the productif the interest rate is 13 percent per year?
You work for a company that has developed a new product. You expect that theproduct’s profits will be $3 million in its first year and that this amount will grow at arate of 4% per year for the next 10 years. After that, competition from knock-offcompetitors will likely drive profits to zero. What is the present value of the productif the interest rate is 13 percent per year?
The present value of the product is $15,707,300 if the interest rate is 13 percent per year.
Given:
The profit of the product in its first year is $3 million and it will grow at a rate of 4% per year for the next 10 years.
After that, competition from knock-off competitors will likely drive profits to zero.
The interest rate is 13% per year.
Plan:
First, we can find the profits for the next 10 years using the formula for geometric series,
then we will calculate the present value of the profits found above.
Lastly, we will sum up the present values of all future cash flows and the present value of the first year's profits.
Calculate profits for the next 10 years.
The profits for the next 10 years will form a geometric sequence.
The first term is $3,000,000, and the common ratio is 1.04.
The sum of the geometric sequence for the next 10 years is:
[tex]$$\begin{aligned}S_{10}&=\frac{3,000,000(1-1.04^{10})}{1-1.04}\\&=37,581,514.63\end{aligned}$$[/tex]
the profits for the next 10 years are
$37,581,514.63.
Calculate the present value of the future profits.
To calculate the present value of the future profits, we use the formula:
[tex]$$PV=\frac{FV}{(1+r)^n}$$[/tex]
where PV is the present value of the future profits,
FV is the future value of the profits, r is the interest rate, and n is the number of years.
Using the above formula, we have:
[tex]$$\begin{aligned}PV_{10}&=\frac{37,581,514.63}{(1+0.13)^{10}}\\&=11,421,991.74\end{aligned}$$[/tex]
the present value of the future profits is
[tex]$11,421,991.74.[/tex]
Calculate the present value of the first year's profits.
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Millennials now comprise a significant portion of the workforce, and they walk to their own beat. They are revolutionizing work culture, and managers must acknowledge their work styles, especially because by the year 2030,75% of the workforce will be millennials. Managers often struggle with millennials wanting flexible work schedules and work-life balance, and the fact that they are typically not easily engaged. They prefer working in a dynamic environment and often demand instant gratification. Echo Trends, a company specializing in selling outdoor and sporting equipment currently has 68% employees from this generation. The company will be introducing a new payment and order processing system soon and they wish to know the best way to deliver the training to these employees. Based on the above scenario, answer the following questions: a. Choose TWO (2) methods that the company may use to deliver the training. Give a reason for each choice. (6 Marks) b. Describe TWO (2) training objectives that the company want the employees to achieve at the end of the training. The training objectives must contain the component of a good learning objective. (4 Marks) (Total: 10 Marks)
Millennials are the young adults who were born between 1981 and 1996. They walk to their own beat and are revolutionizing work culture. Managers have to acknowledge their work styles because, by 2030, 75% of the workforce will be millennials.
Managers often struggle with millennials because they want flexible work schedules and work-life balance, and they are not easily engaged. The best way to deliver training to millennials is through experiential learning and active training because they prefer working in a dynamic environment and often demand instant gratification. Echo Trends should consider using e-learning or gamification to deliver the training because they are cost-effective and flexible. E-learning allows employees to access the training material anytime and anywhere, and gamification provides a fun and engaging learning environment.
Echo Trends should use these methods because they have a high adoption rate among millennials, and they can be customized to meet the specific needs of the company.The company wants the employees to achieve the following two training objectives at the end of the training: Objective 1: Develop the skills and knowledge to use the new payment and order processing system. Objective 2: Demonstrate the ability to troubleshoot and resolve any issues related to the new payment and order processing system.
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Prioritze freelance prolects You have started a freelancing business. You will be given exactly one project each day, Each project has associated time, T, the number of days to complete the project, and fine, F, to pay if the project has not made any progress on any day. You will receive the project in the morning so you can start working on it the same day and the project can be delivered in the same evening when it is completed. You are determined towards your business that you will work on exactly one project every day and will not spend any day idle. But once you start working on any project, you cannot start another project before finlshing the previous one. Vour aim is to minimize the total fine imposed on you. Eample 41 210 32 Project 1 with 4 doy time will be started on first day Project 2 with 2 dey time will be started on firch days it >10 assieded on 2 nd dey wating times 5.2=3, fine>10 prolina3 wath 3 doy time will be started on →234 Anne →2 Totulfine 1043+24435
The fines incurred are: 0 (Project 1) + 0 (Project 2) + 10 (Project 3) = 10.
To clarify the given information and the example provided:
You have a freelancing business where you receive one project each day.
Each project has two attributes:
time (T), which represents the number of days required to complete the project, and fine (F), which is the penalty imposed if the project remains unfinished at the end of the day.
Your goal is to minimize the total fine imposed on you by efficiently scheduling and completing the projects.
Once you start working on a project, you cannot switch to another project until you finish the current one.
You want to avoid any idle days where you're not working on a project.
Let's break down the example provided for better understanding:
Example:
Project 1: Time (T) = 4 days, Fine (F) = 210
Project 2: Time (T) = 2 days, Fine (F) = 32
Project 3: Time (T) = 3 days, Fine (F) = 10
In this example, you would start working on Project 1 on the first day since it has the highest fine (210).
On the second day, you would continue working on Project 1.
By the end of the second day, you would have completed Project 1, so no fine is imposed.
On the third day, you would start working on Project 2, as it has a higher fine (32) than Project 3 (10). You would complete Project 2 on the fourth day, again avoiding any fine.
Finally, on the fifth day, you would start and complete Project 3.
In total, the fines incurred are: 0 (Project 1) + 0 (Project 2) + 10 (Project 3) = 10.
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Jim (born 31/03/1932) has a retirement pension bringing him a steady annual income of £25,500. In 2020-21 he received a dividend of £10,300. He also received building society interest of £680 and net loan interest of £1,200. He rents out a property from which £7,800 profit has been made this year. Jim makes a gift aid donation of £600 to a charity. On 24 January 2020 he meets Megan (born 14/07/1939), the love of his life. They get married on 4 June 2020. a) Calculate Jim's total income tax payable. b) How would the income tax payable change if Jim had made a gift of shares (also worth £600 on that day) to the charity instead of the gift aid donation? Show the calculations.
The income tax payable by Jim would have reduced from £6,366 to £5,966 if he had made a gift of shares to the charity.
a) Jim's total income tax payable:
Jim's income from retirement pension = £25,500
His income from dividends = £10,300
His income from building society interest = £680
His income from net loan interest = £1,200
Profit made by renting out a property = £7,800
Total Income = £45,580 (adding all the income above)
As Jim is married to Megan, they will get tax relief of £1,250.
The income tax payable by Jim will be calculated as follows:
First £12,500 is not taxed;
Jim's total income after removing the initial £12,500
tax-free allowance = £45,580 − £12,500 = £33,080.
Based on this, he falls in the basic rate tax bracket of 20%.
So, the tax payable = 20% of (£33,080 - £1,250) = 20% of £31,830 = £6,366.
Therefore, Jim's total income tax payable is £6,366.
Jim has made a Gift Aid donation of £600 to a charity. If he had instead made a gift of shares, the income tax payable by Jim would be calculated in the following way:
The gift of shares worth £600 would be exempted from capital gains tax.
The value of the gift of shares is within the capital gains tax annual exemption of £12,300 (in 2020-21).
Therefore, no capital gains tax will be payable.
The gift of shares will attract income tax relief for Jim.
The relief will be equal to the market value of the shares on the date of the gift to the charity. Jim would then get relief from tax for this amount.
Jim's tax relief would be calculated as follows:
£600 (the market value of the gift of shares) × 20% (the basic tax rate) = £120.
Jim's income tax payable would be calculated as follows:
Income tax payable = 20% of (£33,080 - £1,250 - £600) - £120 = £5,966.
Therefore, the income tax payable by Jim would have reduced from £6,366 to £5,966 if he had made a gift of shares to the charity.
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A key GAAP principle is the going concern principle. In the space below, and in a few sentences, describe three line items on an otherwise fairly stated balance sheet and/or income statement which would be misleading if the firm were not considered a going concern.
The going concern principle is crucial for a fair balance sheet and income statement, preventing misleading line items. The going concern principle assumes that a company will continue to operate in the foreseeable future.
Without considering this principle, three line items on a balance sheet or income statement could be misleading. Firstly, long-term assets such as property, plant, and equipment would be overstated, as they are valued based on their expected useful life. Secondly, long-term liabilities like bonds payable would be understated, as they are typically due beyond one year.
Lastly, retained earnings would be misrepresented, as they accumulate over time and reflect the company's profitability and growth. Ignoring the going concern principle could lead to an inaccurate portrayal of the company's financial position and performance.
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Monopsonistic exploitation is measured by the height of the supply curve of labor. measured by the area above the supply curve but below the wage paid. the difference between the marginal revenue product of a worker and the wage received by the worker. the cost to society from unions.
Monopsonistic exploitation is a concept that occurs when an employer has a dominant position in a labor market, making it the only purchaser of labor, and therefore, can pay lower wages. It is measured by the difference between the marginal revenue product of a worker and the wage paid.
If the wage paid is below the marginal revenue product, it indicates that the employer is exploiting the worker.
The height of the supply curve of labor is used to measure the degree of monopsonistic exploitation. The flatter the supply curve, the higher the level of monopsonistic exploitation as it indicates that the employer has a greater degree of market power to set wages at a lower level.
In terms of measuring monopsonistic exploitation, the area above the supply curve but below the wage paid is used. This area is considered the "monopsony surplus" which represents the additional profit earned by the employer due to its market power. The larger the monopsony surplus, the greater the degree of monopsonistic exploitation.
Critics of unions argue that they contribute to the cost of society by raising wages above the competitive level, leading to a reduction in employment opportunities and an increase in prices. However, supporters of unions argue that they are necessary to counterbalance the market power of employers in a labor market where there is already an unequal bargaining position between employers and employees.
In conclusion, monopsonistic exploitation can be measured by the difference between the marginal revenue product of a worker and the wage paid and the height of the supply curve of labor. The cost to society from unions is a topic of debate and depends on the specific context and circumstances of the labor market.
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you leave your 50k a year job and invest your savings of 40k which you were earning ten percent annual interest to start your own business in the first year your business generated 100,000 in total revenue and had to pay 40k in explicit costs. theeconomic profit generated by this gym was
The economic profit generated by this gym in the first year is $60,000.
The economic profit generated by the gym in its first year was $20,000.
To calculate the economic profit, we need to consider both explicit costs and implicit costs. In this case, the explicit cost is the amount paid for business expenses, which is $40,000.
The implicit cost is the opportunity cost of leaving the $50,000 per year job. Since the annual interest earned on the savings is 10% and the savings amount is $40,000, the implicit cost is $4,000 (10% of $40,000).
Now, we can calculate the economic profit by subtracting the explicit costs ($40,000) and the implicit costs ($4,000) from the total revenue ($100,000). Therefore, the economic profit is $100,000 - $40,000 - $4,000 = $56,000.
The economic profit generated by this gym can be calculated by subtracting explicit costs from total revenue.
In the first year, the gym generated $100,000 in total revenue. From this, we subtract the explicit costs of $40,000.
Economic profit = Total revenue - Explicit costs
Economic profit = $100,000 - $40,000
Economic profit = $60,000
Therefore, the economic profit generated by this gym in the first year is $60,000.
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Jiminey's Cricket Farm issued a 30 -year, 6.5 percent semiannual bond 7 years ago. The bond currently sells for 107 percent of its face value. The company's tax rate is 35 percent. YTM=5.94% A)What is the pretax cost of debt? B)What is the after tax cost of debt? C)Which is more relevant, why?
A) Calculation of pre-tax cost of debt: Given that bond was issued 7 years ago and is a 30-year bond. So, the remaining time to maturity = 30 - 7 = 23 years
Semi-annual coupon = 6.5%/2 = 3.25%
Current bond price = 107% of its face value= 107% * $1000 = $1070
So, the yield to maturity of the bond can be calculated using the below formula:
[tex]1070=\frac{32.5}{1+r/2}+\frac{32.5}{(1+r/2)^2}+....+\frac{32.5}{(1+r/2)^{46}}+\frac{1000}{(1+r/2)^{46}}[/tex]
Using the trial and error method, we find that the yield to maturity (YTM) is 5.76% (rounded to two decimal places)So, the pre-tax cost of debt = YTM= 5.76%
B) Calculation of after-tax cost of debt:
Given that the tax rate is 35%
The after-tax cost of debt can be calculated using the below formula:
After-tax cost of debt = Pre-tax cost of debt * (1 - tax rate)
= 5.76% * (1 - 0.35) = 3.74%
C) Which is more relevant, why?
The after-tax cost of debt is more relevant because it reflects the actual cost of borrowing for the company. It takes into account the tax shield benefits and is the actual cost of debt that the company has to bear. The pre-tax cost of debt is useful for comparing different sources of finance without considering their tax implications. However, the after-tax cost of debt is more useful for financial decision making because it gives a more accurate picture of the actual cost of debt.
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If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will...
set a lower price in the market that is more price elastic.
If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will set a lower price in the market that is more price elastic.
What is price elasticity of demand?The relationship between the percentage change in a product's quantity demanded and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how supply and demand shift in response to changes in a product's price.
A company with market power will cut its price in the market that is more price elastic if two distinguishable marketplaces have different levels of price elasticity of demand and resale is not allowed.
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complete question;
If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will...
Set price equal to marginal cost in both markets. Set price so as to equate the elasticity of demand across markets. Set a higher price in the market that is more elastic. Set a lower price in the market that is more price elastic.
Explain the key elements of a player profile / CV that you will send to teams. What other supporting materials would develop / use to help promote the player?
When it comes to player profiles, there are several key elements that should be included in a player's CV that will be sent to teams.
Below are some of the critical components of a player's CV that are important to consider:
Player Information This section should include the player's name, age, and contact information such as phone number and email address.
Additionally, it is essential to include a headshot of the player, as well as a list of any social media profiles they have.
Team History This section should include a list of the teams the player has played for, along with the dates they were on the team and their role on the team.
Additionally, it is essential to include any achievements or awards the player may have received while playing for these teams.
Skills & Abilities This section should include the player's position, height, weight, and other relevant physical attributes.
Additionally, it should provide an overview of the player's technical skills and tactical abilities.
It is essential to provide details on any specific skills that the player has that set them apart from other players.
Video Footage It is crucial to include video footage of the player playing in games or training.
The video should highlight the player's skills and abilities, as well as their performance in various game situations such as one-on-one defending, attacking, and passing.
Detailed References It is essential to include references from coaches and teammates who can attest to the player's abilities, work ethic, and character.
These references should include the person's name, position, and contact information.
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Blossom Medical manufactures hospital beds and other institutional furniture. The company's comparative balance sheet and income statement for 2019 and 2020 follow. Liabilities and Stockholders' Equity Comparative Income Statement and Statement of Retained Earnings For the Year Sales revenue (all on account) $10,177,300$9,614,000 Calculate the following liquidity ratios for 2020. (If working capital is negative then enter with a negative sign preceding the number or parentheses, es - 15,000 or (15,000). Round oll answers except working copital to 2 decimal places, es. 2.55.) Calculate the following liquidity ratios for 2020. (Round average collection period to 0 decimal place, eg. 25 and inventory turnover ratio to 2 decimal ploces, eg. 5.12. Use 365 days for calculation.) a. Average collection period days b. Inventory turnover times Calculate average days to sell inventory for 2020. (Round answer to 0 decimal pioces, eg. 25. Use 365 days for colculation) Average days to sell inventory days
Without the specific values for current assets, current liabilities, and cost of goods sold (COGS) for 2020, the liquidity ratios cannot be calculated accurately.
To calculate the liquidity ratios for 2020, we need additional information such as the current assets, current liabilities, and inventory turnover.
Without the specific values for current assets and liabilities, it is not possible to calculate the liquidity ratios accurately. However, I can explain the concepts of the liquidity ratios you mentioned:
a. Average Collection Period: This ratio measures the average number of days it takes for a company to collect its accounts receivable. It is calculated by dividing the average accounts receivable by the average daily sales. The formula is:
Average Collection Period = (Average Accounts Receivable / Sales) x Number of Days
b. Inventory Turnover: This ratio indicates how many times a company sells and replaces its inventory within a specific period. It is calculated by dividing the cost of goods sold (COGS) by the average inventory. The formula is:
Inventory Turnover = COGS / Average Inventory
Average Days to Sell Inventory: This ratio represents the average number of days it takes for a company to sell its entire inventory. It is calculated by dividing the number of days in a year by the inventory turnover ratio. The formula is:
Average Days to Sell Inventory = Number of Days / Inventory Turnover
Please provide the specific values for current assets, current liabilities, and cost of goods sold (COGS) for 2020, and I will be able to calculate the liquidity ratios for you.
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What is velocity, \( V \), given \( M=1,000, P=3 \), and \( Y=2,000 ? \) A. 2 B. 6 C. 8 D. 4
Velocity can be defined as a vector quantity that expresses the rate at which an object changes its position. It can be expressed as the derivative of position with respect to time.
Velocity is often denoted by the symbol V. It is a vector quantity, meaning it has both magnitude and direction. Velocity describes the speed at which an object moves in a particular direction.
M is equal to 1,000.
P is equal to 3.Y is equal to 2,000.
The formula for velocity (V) isV = M / P* Y.
Substituting the values in the formula we get, V = 1,000 / 3 * 2,000
Solving the above equation we get,V = 1,000 / 6,000V = 1/6
Alternatively, we can solve it in the following manner,V = M / P * YV = 1,000 / (3 * 2,000)V = 1/6
Hence, the value of velocity (V), given M = 1,000, P = 3, and Y = 2,000 is 1/6 or 0.1667.
Therefore, the correct answer is A. 2.
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the equation for figuring out the total inflow of money − total outflow of money is:
the equation for figuring out the total inflow of money − the total outflow of money is Net cash flow.
Net cash flow is the equation used to calculate the total inflow of money minus the total outflow of money within a specific period. It represents the net amount of cash generated or consumed by a business or individual. To calculate net cash flow, the total cash inflows, including receipts from sales, investments, or loans, are subtracted from the total cash outflows, including expenses, payments, and investments made.
Net cash flow provides a measure of the overall cash position and liquidity of an entity. A positive net cash flow indicates that more cash is coming in than going out, representing a surplus of funds. It signifies financial health, as it allows for covering expenses, investing in growth opportunities, or saving for the future.
Conversely, a negative net cash flow suggests that more cash is going out than coming in, representing a deficit. This situation may require additional financing or adjustments in spending to ensure solvency and meet financial obligations. Monitoring net cash flow is crucial for assessing financial performance, planning budgets, managing cash flow, and making informed decisions regarding investments, borrowing, or cost management.
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Members of Goodlife Gym pay on average $36 once per month in the gym. Variable cost such as towels, soap and shampoo, and disinfectant associated with each customer is $8 per month. Find CLTV using the four methods and round up to the nearest dollar.
GoodLife’s retention rate is 93% per year. What is the CLTV of a Goodlife’s costumer if an annual rate of interest is 8%? Use the Traditional formula) ( 1 mark)
Find CLTV if a customer is expected to stay for 3 years. Use the Easy method.
Using the Traditional CLTV formula, the CLTV of a Goodlife Gym customer can be calculated.
By multiplying the average monthly payment ($36) by the retention rate (0.93), and dividing it by the difference between the interest rate (0.08) and the retention rate (0.93). Rounded up to the nearest dollar, the CLTV is $1,673.
The Traditional CLTV formula takes into account the average monthly payment, retention rate, and interest rate to calculate the customer's lifetime value. In this case, the formula considers that the customer stays for multiple years and factors in the discounted value of future cash flows due to the interest rate.
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Explain succinctly what happens to output, employment, money,
prices, wages, and interest rates in EACH phase of the business
cycle and why.
The business cycle consists of four different stages, namely expansion, peak, contraction, and trough. Each stage of the business cycle has a significant impact on output, employment, money, prices, wages, and interest rates.
In the expansion phase, output and employment increase because businesses have more revenue to invest, allowing them to expand production and hire more employees. Money supply grows as businesses invest, leading to a reduction in interest rates. Price levels start to increase due to the increase in demand.
Wages also increase since businesses are expanding and hiring more workers. In the peak phase, the economy has reached a saturation point. Production and employment are at their maximum levels.
Money supply is also low, and interest rates are high. Price levels are low, and wages are at their minimum. The government may intervene through fiscal policies such as increasing government spending to stimulate demand and improve employment.
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The most appropriate measure of a country’s economic growth is its:A.Gross Domestic ProductB.Per Capita Real IncomeC.Net Domestic ProductD.Net National ProductE.None of these
The most appropriate measure of a country’s economic growth is itsA.Gross Domestic Product
What is economic growth ?Increased output of products and services is referred to as economic growth. Economic growth can be influenced by changes in capital goods, labor force, technology, and human capital. Real income per capita is the most relevant indicator of economic growth in a nation.
Average income, or per capita income, is a gauge of a population's wealth in a country. It is used to gauge a nation's standard of life, making it a more accurate gauge of economic expansion.
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i need a concept map for :cost volume-profit analysis and
capital budgeting decision.
A concept map is a visual representation of concepts and their relationships. It is an excellent way to demonstrate knowledge and understanding of a particular subject, especially when studying complex concepts such as cost-volume-profit analysis and capital budgeting decision.
Here is a concept map for these two concepts:
Cost Volume Profit Analysis: Cost volume profit analysis (CVP) is a vital decision-making tool for businesses to identify the break-even point, make pricing decisions, and estimate the profit level.
The following is a concept map of cost volume profit analysis:
Capital Budgeting Decision: Capital budgeting is a long-term investment planning process to determine whether to invest in a capital asset, such as property, plant, and equipment (PP&E), in which the returns exceed the investment costs.
Here is a concept map of capital budgeting decision:
In conclusion, a concept map is a powerful tool for visually organizing complex information. In this context, the cost-volume-profit analysis and capital budgeting decision are two concepts that can be depicted through a concept map.
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ads based on negatively originated motives resonate with the audience by being highly _____. they offer relief from some problem.
Ads based on negatively originated motives resonate with the audience by being highly persuasive. They offer relief from some problems. These ads may highlight issues or challenges people experience, creating a sense of empathy and a desire for a solution.
Ads that tap into negative emotions or problems faced by the audience often employ persuasive techniques to capture their attention and evoke a response. These ads may highlight issues or challenges people experience, creating a sense of empathy and a desire for a solution. By emphasizing the relief or resolution they provide, these ads effectively engage the audience and motivate them to take action. The persuasive nature of such ads plays a significant role in resonating with the audience and addressing their needs or concerns.
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In the context of the various modes that businesses use to keep their intellectual property safe, which of the following is most likely to be granted a copyright? a. A song composed by Rob, a famous singer, for his soon to be launched audio album b. The unique recipe used by NewnBake for all their nut-based cookies c. An on-site solar power system developed by one of the technical giants, Hordon Tech d. The logo used by Denish Fashions for all their designer bags Jason is an artist who has over two decades of experience creating wonderful sculptures. He has obtained several copyrightss for his sculptural masterpieces. In this context, which of the following statements is true of a copyright? a. Jason's work will be protected during his lifetime, plus an additional 70 years after his death. b. Jason's copyrights will be considered active 60 diys after their registrations. c. Jason's copyrights must have been granted by the national government. d. Jason must have been required to register before obtaining copyrights for his work:
In the given context, the most likely option to be granted a copyright would be:
a. A song composed by Rob, a famous singer, for his soon to be launched audio album.
Copyright protection is generally granted to original works of authorship fixed in a tangible medium of expression. Musical compositions, such as songs, are considered original works and are eligible for copyright protection.
Regarding the second question about Jason's copyrights:
a. Jason's work will be protected during his lifetime, plus an additional 70 years after his death.
Under current copyright law, the duration of copyright protection for individual works generally lasts for the life of the author plus 70 years after their death. This means that Jason's copyrights will remain valid and protected during his lifetime and continue for an additional 70 years after his passing.
It's important to note that copyright protection is automatic upon the creation of an original work. Registration is not required to obtain copyright; however, registering the copyright with the national government provides additional legal benefits and evidentiary advantages in case of copyright infringement disputes. Therefore, the statement "d. Jason must have been required to register before obtaining copyrights for his work" is not true.
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Which of the following is the greatest drawback of using subsequent collections evidence only by a deposit slip as an alternative procedure when responses to positive accounts receivable confirmations are not received?
A. Checking of subsequent collections can never be used as an alternative auditing procedure
B. By examining a deposit slip only, the auditor does not know whether the payment is for the receivable at the balance sheet date or a subsequent transaction
C. A deposit slip is not received directly the auditor
D. A customer may not have made a payment on a timely basis
Option B. By examining a deposit slip only, the auditor does not know whether the payment is for the receivable at the balance sheet date or a subsequent transaction
The greatest drawback of using subsequent collections evidence only by a deposit slip as an alternative procedure when responses to positive accounts receivable confirmations are not received is option B: By examining a deposit slip only, the auditor does not know whether the payment is for the receivable at the balance sheet date or a subsequent transaction.
Here's a step-by-step explanation:
1. When an auditor is unable to receive responses to positive accounts receivable confirmations, they may use subsequent collections evidence as an alternative procedure to verify the accuracy of the accounts receivable balance.
2. Subsequent collections evidence refers to examining the payments received after the balance sheet date to determine if they relate to the accounts receivable balance.
3. However, relying solely on a deposit slip to gather subsequent collections evidence has a significant drawback.
4. The deposit slip provides information about the total amount of cash deposited, but it does not provide details about which specific invoices or transactions the payments correspond to.
5. As a result, the auditor cannot determine whether the payment recorded on the deposit slip is for the receivable at the balance sheet date or for a subsequent transaction.
6. This lack of specificity creates uncertainty and makes it challenging for the auditor to accurately assess the validity and completeness of the accounts receivable balance.
7. Option B correctly identifies this drawback by stating that by examining a deposit slip only, the auditor does not know whether the payment is for the receivable at the balance sheet date or a subsequent transaction.
To summarize, the greatest drawback of using subsequent collections evidence only by a deposit slip as an alternative procedure when responses to positive accounts receivable confirmations are not received is the inability to determine whether the payment recorded on the deposit slip is for the receivable at the balance sheet date or a subsequent transaction. This lack of specificity creates challenges in accurately assessing the validity and completeness of the accounts receivable balance.
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