Answer:
A group of people who make decisions that determine the future of a company.
Explanation:
Board of Directors are basically the ones calling all the shots in a company. They decide all the major decisions relating to their business and it could affect every employee and employer of the company. They can decide anything from who gets fired and who stays on their team to new ways to produce the product that they sell.
Hope this helps.
Waterway Corp. enters into a contract with a customer to build an apartment building for $1,046,900. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $148,500 to be paid if the building is ready for rental beginning August 1, 2018. The bonus is reduced by $49,500 each week that completion is delayed. Waterway commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes:Completed by ProbabilityAugust 1, 2018 70 %August 8, 2018 20 August 15, 2018 4 After August 15, 2018 6 (a) Determine the transaction price for the contract, assuming Waterway is only able to estimate whether the building can be completed by August 1, 2018, or not (Waterway estimates that there is a 70% chance that the building will be completed by August 1, 2018). (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price __________ $(b) Determine the transaction price for the contract, assuming Waterway has limited information with which to develop a reliable estimate of completion by the August 1, 2018, deadline. (If answer is 0, please enter 0. Do not leave any fields blank.)Transaction Price ___________ $
Answer:
A. $1,195,400
B. $1,172,630
Explanation:
A. Calculation to Determine the transaction price for the contract
Transaction price=$1,046,900+$148,500
Transaction price=$1,195,400
Therefore the transaction price for the contract will be $1,195,400
B . Calculation to determine the transaction price for the contract.
First step is to Calculate the probabilities
August 1, 2018=$148,500*.7
August 1, 2018=$103,950
August 8, 2018=$99,000*.2
($148,500-$49,500)
August 8, 2018=$19,800
August 15, 2018=$49,500*.04
August 15, 2018=$1,980
August 15, 2018=$0*.06
August 15, 2018=0
Now let calculate the Transaction price
Total transaction price =$1,046,900+$103,950+$19,800+$1,980
Total transaction price =$1,172,630
Therefore The Total transaction price will be $1,172,630
Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If total yearly sales to Nolan are 10,000 units, it will grant a rebate of 2.00%. If it sells up to 20,000 units, it will grant a rebate of 4.00%. If it sells up to 30,000 units, it will grant a rebate of 6.00% In the first quarter of the year, Manual sells 11,000 units to Nolan at a sales price of $110,000.00. Manual, based on past experience, has sold over 40,000 units to Nolan per year. Based upon the above information, what amount should Manual record as revenue based upon both the net and gross method? (check figure: gross method sales revenue $107,800.00)
Answer: See explanation
Explanation:
Based on the information given in the question, we should note that while using the gross method, the revenue gotten from sales will be calculated by subtracting the rebate of 2% from the full invoice amount of $110,000. This will be:
= $110,000 - (2% × $110,000)
= $110,000 - (0.02 × $110,000)
= $110,000 - $2200
= $107800
Using the net method, the revenue gotten from sales will be calculated by subtracting the rebate of 6% from the full invoice amount of $110,000. This will be:
= $110,000 - (6% × $110,000)
= $110,000 - (0.06 × $110,000)
= $110,000 - $6600
= $103400
Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the second following month. On December 31, the accounts receivable balance includes $21,000 from November sales and $51,000 from December sales. Assume that total sales for January are budgeted to be $59,000. What are the expected cash receipts for January from the current and past sales?
Answer:
$57,100
Explanation:
The technique for this question to follow closely the payment cycle
Calculation of January Cash Receipts
Cash Sales ($59,000 x 10%) $5,900
Credit Sales in January ($59,000 x 40%) $23,600
Credit Sales in December ($51,000 x 50%) $25,500
Credit Sales in December ($21,000 x 10%) $2,100
Total $57,100
Conclusion
the expected cash receipts for January from the current and past sales is $57,100
A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
(a) Find a function that models the revenue in terms of ticket price. (Let x represent the price of a ticket and R represent the revenue.) R(x) = _________
(b) Find the price that maximizes revenue from ticket sales. $______________
(c) What ticket price is so high that no revenue is generated? $___________
Answer:
a) R(x) = 51000 x - 3000 x²
b) When the Revenue is maximum, The price is $ 8.5
c) When No revenue is generated, The price of the ticket is $17
Explanation:
Given - A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
To find - (a) Find a function that models the revenue in terms of ticket price.
(b) Find the price that maximizes revenue from ticket sales.
(c) What ticket price is so high that no revenue is generated?
Proof -
Let us assume that,
The price of a ticket = x
The revenue = R
Now,
a)
Total number of tickets sold , N = 21000 + 3000(10 - x)
= 21000 + 30000 - 3000 x
= 51000 - 3000 x
⇒Total number of tickets sold , N = 51000 - 3000 x
Now,
Revenue , R(x) = x * N
= x [ 51000 - 3000 x ]
= 51000 x - 3000 x²
⇒R(x) = 51000 x - 3000 x²
b)
For maximum Revenue,
Put [tex]\frac{dR(x)}{dx} = 0[/tex]
Now,
[tex]\frac{dR(x)}{dx}[/tex] = 51000 - 6000 x
⇒51000 - 6000 x = 0
⇒6000 x = 51000
⇒6x = 51
⇒x = [tex]\frac{51}{6}[/tex] = 8.5
∴ we get
When the Revenue is maximum, The price = $ 8.5
c)
If No Revenue is generated
⇒R(x) = 0
⇒51000 x - 3000 x² = 0
⇒1000 x ( 51 - 3 x ) = 0
⇒1000 x = 0, 51 - 3 x = 0
⇒x = 0, 3 x = 51
⇒x = 0, x = [tex]\frac{51}{3}[/tex]
⇒x = 0, x = 17
∴ we get
When No revenue is generated, The price of the ticket is $17
If supply increases and demand stays the same, there will be a
A) higher equilibrium price and quantity
B) lower equilibrium price and higher quantity
C) lower equilibrium price and quantity
D) higher equilibrium price and lower quantity
Answer: B) lower equilibrium price and higher quantity
Explanation:
Demand and supply simply shows the interaction that takes place between the producers and their consumers.
In a case whereby there's an increase in the supply for a product while the demand first change and remains the same, this will lead to a surplus, and hence there'll be a higher quantity.
Also, since there is surplus and the demand doesn't change, there'll be a reduction in the price of the product. Therefore, the correct option is B.
Answer:
the answer is B
Explanation:
Which examples demonstrate common education and qualifications for Management and Entrepreneurship careers? Check all that apply.
Horatio is good at following instructions.
Marissa has strong visual design skills for arranging displays.
Letisha has a bachelor’s degree in marketing.
Quentin has many years of experience in public relations.
Devon is able to stand for long periods of time.
Lloyd is skilled at planning and managing budgets.
Answer:
3- Letisha has a bachelor’s degree in marketing.
4-Quentin has many years of experience in public relations.
6-Lloyd is skilled at planning and managing budgets.
Explanation:
The example that shows qualification are
Letisha bachelor’s degree in marketing.Quentin years of experience in PR.Lloyd skills at planning and managing budgets.What are management and enterpreneurship?Management and the entrepreneurship both terms refer to the part of administration of an organization that can be the business, the nonprofit, or even the government body.
Entrepreneurship is a process of discovering the new ways to combine resources. These resources have a greater value than the market.
Find out more information about the qualifications.
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look at the picture
Okay, Lets get started.
For number one lets make a company named "Bluberry"
One way we use technology is for creating our websites, Employing people, and to talk to our workers.
2. BlueberryBoss and BerryPIcker
The rest I have no Idea how to help with.
Which tasks commonly are performed in Maintenance, Installation, and Repair jobs? Check all that apply.
setting up equipment
fixing problems with machinery
estimating a project’s cost
designing equipment
teaching people to use equipment
writing instructions for assembling equipment
purchasing manufacturing equipment
Answer:
setting up equipment
fixing problems with machinery
estimating a project’s cost
teaching people to use equipment
Explanation:
Answer: The person above me is right but here is the answer in number form: 1,2,3,5
Explanation: edge
Granville Transportation, a designer and manufacturer of self-driving buses and streetcars, is working on developing the next generation of electric vehicles. Granville has chosen to focus on a narrow buyer segment of medium-sized cities with populations between 100,000 and 1,000,000, and is outcompeting rivals by manufacturing its vehicles at a lower cost via artificial intelligence-guided robots. Which of the five basic strategic approaches has Granville Transportation decided upon
Answer:
best-cost provider
Explanation:
The five basic strategic approaches has Granville Transportation decided upon are;
✓Broad low-cost strategy.
✓Best-cost strategy.
✓Broad differentiation strategy.
✓Focused differentiation strategy.
✓Focused low-cost strategy.
Best-cost provider strategy can as well be regarded as 'best-cost strategy', this strategy focused on how to get quality of products increased and reducing costs at the same time, it aims in providing customers with more value.
Compare these two sections of resumes. Which is more appropriate? a. - Completed nine-hour training course • Ran simulation software, • Used test probe to test over one hundred parts - Started a test plan document. b. Completed nine-hour training course • Ran simulation software • Used test probe to test over one hundred parts • Started a test plan document JURG Fil, Ir. Ob a
Answer:
the second one
Explanation:
An employee who works from home is participating in what activity?
Answer:
TELECOMMUTING
Explanation:
Differentiate between GVA at basic prices and expenditure on GDP at market price
Answer:
Explanation:However, GVA at basic prices will include production taxes and exclude production subsidies available on the commodity. On the other hand, GVA at factor cost includes no taxes and excludes no subsidies and GDP at market prices include both production and product taxes and excludes both production and product subsidies
Effective decision makers are able to ______.
a.
Predict most or all consequences of actions
b.
Implement plans of action
c.
Identify the resources available to them
d.
List all realistic choices they can make
e.
All of the above
Answer:
E. All of the above
Explanation:
By using the decision making process, effective decision makers are able to do all of those things.
Competent decision-makers can anticipate the majority of outcomes or all of them. Execute action plans What resources are at their disposal all the options that are sensible for them. Thus, (E) all of the above is the appropriate response.
What do you know about implementation plan?The steps your team should take to complete a common objective or effort are outlined in an implementation plan, a document. An alternative to a strategic plan is implementation planning. The implementation plan is the step-by-step manual for executing the tactics that are outlined in the strategic plan to attain a certain goal.
Before starting the execution phase of a project, your team needs to be able to respond to the who, what, when, how, and why of the endeavor. This is the goal of an implementation plan. Simply said, your strategy becomes a list of particular activities through the action plan.
Learn more about implementation plan, from :
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#SPJ2
plz,what is memorandum
Answer:
A written message in business or diplomacy.
Explanation:
I hope that this helps!! :)))
Which investment security has the least risk associated?
A) Mutual Funds
B) Stocks
C) Bonds
Answer:
I think it's Mutual Funds?
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
I need help ASAP.......If you were interviewing someone what questions would you ask???
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
Answer
When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.
What are the different career opportunities with being a environmental economist?
Answer:
Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.
Explanation:
please give me brain list and follow
How will $9.82 in change be given from a $20.00 bill?
$10 bill__
$5 bill__
$1 bill__
Quarter__
Dime__
Nickel__
Penny__
answer choices for the blanks are 0, 1, 2, 3, 4
Answer:
1 $10 bill
1 Dime
1 Nickel
3 Pennies.
Explanation:
I have one F and 2 D's, It's because I have another school that I have to study which takes my school homework time up. The subjects are business, science, and Language arts. (Online school). Please help (┬┬﹏┬┬) -Unknown_Student
Answer:
what do you need help with? like whats the question?
Explanation:
Use the following to answer the questions. Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.
Answer: Demand based pricing
Explanation:
Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing
Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.
Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.
when you create a professional ____, you are creating a version of yourself you want employers and other professionals to see.
Answer:
Appearance
Explanation:
Hope this helps;)
How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?
Answer:
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Explanation:
Quotes to say your paper airplane is the best?
Answer:
my paper airplane is the best .
Explanation: