I'm selling a product for RM15.00 per unit. My variable cost per unit is RM7.00. My fixed costs are RM9,000. Determine how many units do I have to sell to break even? Q1 B) Blue Corp. shows monthly fixed costs of RM1,797 and per-unit cost of RM9.28. It sells 411 units in a month. Calculate what is the minimum price Blue Corp. must sell each unit for to break even?

Answers

Answer 1

A) Given that, Selling price per unit = RM15 Variable cost per unit = RM7 Fixed costs = RM9,000Let us find the contribution per unit. Contribution per unit = Selling price per unit - Variable cost per unit= RM15 - RM7= RM8 Now, let us find the breakeven point. Break even point = Fixed costs/Contribution per unit= RM9,000/RM8= 1125

Therefore, the number of units they have to sell to break even is 1125 units.

B)Given that, Monthly fixed cost = RM1,797Per unit cost = RM9.28Number of units sold = 411Let us find the contribution per unit. Contribution per unit = Selling price per unit - Variable cost per unit= Revenue/ Number of units sold - Cost/Number of units sold= (Revenue - Cost)/Number of units sold Let x be the minimum price Blue Corp. must sell each unit for to break even. Contribution per unit = 0= (x * 411) - (RM1,797 + RM9.28 * 411)/411= (411x - RM4,423.97)/411411x - RM4,423.97 = 0x = RM10.75

Hence, the minimum price Blue Corp. must sell each unit for to break even is RM10.75.

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Related Questions

This PA 2 assignment requires you to identify a current change in an organization with which you are familiar, and evaluate a current public issue about which "something must be done." In relation to the change issue, think about what sense-making changes might need to be enacted and how you would go about doing this. Then, design a mindmap visually assessing this in terms of the eight (8) elements of the sense-making framework suggested by Helms Mills and as set out in Table 9.7:
Sensemaking and identity construction
Social sense-making
Extracted cues of sensemaking
Ongoing sense-making
Retrospection
Plausibility
Enactment
Projective sense-making
Make sure you visually address the following questions:
Which ones did you believe you might have the most/least control over, and why?
What implications does this have for adopting a sense-making approach to organizational change?
Note Course :BUS 700 Leadership and Creative Solution Implementation Area : Management

Answers

We can see here a mindmap that visually assesses the eight elements of the sense-making framework suggested by Helms Mills in relation to a current change in an organization:

Social sense-making

How does the change impact the organization's social networks?How does the change impact the employees' social interactions?

What is sense-making change?

Sense-making change refers to the process of understanding and making sense of organizational changes.

Extracted cues of sensemaking

What are the key cues that employees are using to make sense of the change?How can the organization provide more information and feedback to help employees make sense of the change?

Ongoing sense-making

How can the organization create a culture of ongoing sense-making and learning?How can the organization encourage employees to share their thoughts and ideas about the change?

Retrospection

How can the organization reflect on the change and learn from it?How can the organization use what it has learned to improve its future change efforts?

Plausibility

How can the organization make the change seem more plausible to employees?How can the organization provide clear and convincing reasons for the change?

Enactment

How can the organization help employees enact the change.How can the organization provide training and support to help employees make the change?

Projective sense-making

How can the organization help employees project themselves into the future and imagine what the organization will be like after the change?How can the organization create a sense of excitement and anticipation about the future?

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Problem 1: For each of the following, indicate whether the appropriate variable would be qualitative or quantitative. If you identify the variable as quantitative, indicate whether it would be discret

Answers

The correct answers are 1) Whether it is raining or not: Qualitative (also known as categorical) variable. 2) The gender of the next person you meet: Qualitative (also known as categorical) variable.

Whether it is raining or not is a qualitative variable. It represents a categorical attribute or quality (rainy or not rainy). It cannot be measured numerically or assigned a numeric value.

It is a binary variable with two distinct categories or states, and its values are not on a numerical scale. Therefore, it is not considered quantitative.

The gender of the next person you meet is also a qualitative variable. Gender represents a categorical characteristic that typically has two categories: male or female.

It does not involve measurement or quantity. Similar to the previous example, it is a categorical variable that cannot be expressed numerically or measured on a numerical scale.

Qualitative variables provide information about the characteristics or categories of individuals or objects, allowing for classification and comparison based on those attributes.

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In
what ways we can make our e-watch business profitable?

Answers

To make an e-watch business profitable, several strategies can be implemented. The ways that you can make your e-watch business profitable are Target audience, Market research, Product design and Distribution channels.

Target audience: Identify your target audience and make products that cater to their needs and interests. This would ensure that the products you are selling will be popular among the customers.

Market research: Conduct market research to find out what your competitors are offering and what is the market trend. It will help you identify the areas where your business can improve and focus on those areas.

Product design: Design and develop high-quality and attractive e-watches that customers will appreciate. It can be done by introducing new features and technologies to your product that will make it stand out in the market.

Digital marketing: Utilize digital marketing strategies like social media marketing and email marketing to promote your e-watch brand. SEO optimization will help your business get more traffic on your website, which will ultimately result in more sales.

Distribution channels: Select appropriate distribution channels, such as online and offline stores, that are accessible to your target audience. This will ensure that your products reach the right audience and increase your sales.

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You found the following earned value analysis information for a project that was recently closed-out: SPI=0.7,CPI=1.0. What does this mean? Select one: a. The project's deliverables have all been completed and the project came in behind schedule but on budget b. The project's deliverables have all been completed and the project came in on schedule but over budget c. The project's deliverables have all been completed and the project came in ahead of schedule but on budget d. The project must have been incompletely ended while it was being executed and at that time it was behind schedule but on budget e. All other answers are wrong

Answers

The project's deliverables have all been completed and the project came in behind schedule but on budget.

SPI stands for Schedule Performance Index, which measures the efficiency of time management in a project. An SPI value of 0.7 indicates that the project is running behind schedule.CPI stands for Cost Performance Index, which assesses the cost efficiency of a project. A CPI value of 1.0 indicates that the project is on budget.

Therefore, when SPI is below 1.0 and CPI is at 1.0, it means that the project's deliverables have been completed, but the project has fallen behind schedule while staying on budget. The project experienced delays in its execution, but it managed to control its costs effectively.

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what role does political contributions play in labor
relations?

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Political contributions can have a significant impact on labor relations. In many countries, political parties and candidates rely on financial support from various interest groups, including labor unions and business organizations.

Labor unions often make political contributions to support candidates who align with their interests, such as those advocating for workers' rights, favorable labor laws, and social welfare policies.Political contributions from labor unions can help shape legislative agendas and influence policy decisions related to labor relations. They can support candidates who are more likely to advocate for pro-worker policies, leading to potential improvements in wages, working conditions, and employee benefits.

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Q.3. As an aggrieved resort owner (Starline Resort Pvt. Ltd.), write a claim letter to the wholesale supplier (Luxury Living Solutions Pvt. Ltd.) claiming that the 100 pool-side chairs you had purchased for your resort have all developed large cracks. As a result of this, you are unable to offer the relaxation facilities by the various pools in your resort. This is seriously compromising your good name among the established clientele who patronize your resort. You should write a "claims letter" by using the principles, format, and style of effective "claims letter" writing. [15]

Answers

I am writing to bring to your attention a significant issue with the pool-side chairs that we purchased from Luxury Living Solutions Pvt. Ltd. for our esteemed Starline Resort Pvt. Ltd.

Unfortunately, we have encountered a serious problem as all 100 chairs have developed large cracks, rendering them unusable and compromising our ability to provide relaxation facilities to our valued guests. The defective chairs have had a detrimental impact on the reputation of our resort, as we are known for offering exceptional comfort and luxury to our clientele. Due to the inability to offer relaxation facilities by the various pools, our guests have been inconvenienced, and our good name among our established clientele is being seriously compromised.

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Uber in 2018 6 This case was prepared by Charles W. L. Hill of
the School of Business, University of Washington, Seattle give the
SWOT Analysis

Answers

Factors such as Uber's market leadership, strong brand recognition, and technological innovation could be considered as strengths, while issues with regulatory challenges, driver dissatisfaction, and competition from other ride-hailing services might be seen as weaknesses.

Opportunities could include expanding into new markets or diversifying services, while threats might involve legal and regulatory barriers, changing consumer preferences, or technological disruptions.

A comprehensive SWOT analysis for Uber in 2018 would require a detailed examination of the company's internal and external factors at that specific time. It would involve identifying the company's strengths, which are internal factors that provide it with a competitive advantage.

These could include factors such as Uber's market leadership, strong brand recognition, extensive driver network, and technological innovations in the ride-hailing industry. These strengths contribute to Uber's ability to attract customers and maintain a significant market share.

On the other hand, weaknesses represent internal factors that place Uber at a disadvantage compared to its competitors. In 2018, Uber faced challenges such as regulatory issues in various markets, controversies surrounding driver treatment and compensation, and concerns regarding safety and security.

These weaknesses could affect Uber's reputation and customer trust, potentially leading to a loss of market share or legal challenges.

Opportunities are external factors that could be leveraged by Uber to its advantage. In 2018, Uber had the opportunity to expand its services into new markets, diversify its offerings (such as food delivery with UberEATS), and explore partnerships with other businesses or industries.

These opportunities could allow Uber to reach new customer segments, increase revenue streams, and enhance its overall market position.

Threats, on the other hand, are external factors that could potentially harm Uber's business.

In 2018, threats to Uber included intense competition from other ride-hailing services, evolving regulatory environments and legal challenges, changing consumer preferences and demands, and the potential for technological disruptions in the transportation industry. These threats could impact Uber's market share, profitability, and ability to adapt to changing industry trends.

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"
An office manager is deciding on a paper shredder to be purchased for her legal firm. Three suppliers have provided information about their shredders, including MTBF and MTTR for the models under eval
"

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The office manager is choosing a paper shredder for her legal firm to buy. For the models being assessed, three providers have provided details on their shredders, including MTBF and MTTR. The MTBF and MTTR metrics are two important performance metrics that are used to assess the reliability and availability of a machine.


MTBF is a shorthand for "mean time between failures." The mean time between failures is a statistical measure that quantifies the expected occurrence of an equipment failure and the amount of time between subsequent failures of the equipment in question. It is determined by dividing the total running time of the equipment by the number of failures it has experienced. MTBF is a measure of the equipment's dependability and the period between equipment failure.

MTTR is a shorthand for "mean time to repair." It's the duration of time it takes to restore a malfunctioning system or equipment to its normal operating state. The mean time to repair is calculated by dividing the total downtime by the number of equipment malfunctions. It indicates how quickly the machine can be repaired after a malfunction or failure.

A shredder that has a high MTBF and a low MTTR is generally regarded as the most dependable and desirable shredder for the office.


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the botched rescue attempt of the Israeli athletes by West Germany showed the inadequacies of their counterterrorism capabilities. Shortly after the incident, the following countries established dedicated anti-terrorism military/police units, except
A. FRANCE
B. GREAT BRITAIN
C. UNITED STATES
D. WEST GERMANY

Answers

The botched rescue attempt of the Israeli athletes by West Germany showed the inadequacies of their counterterrorism capabilities. Shortly after the incident, the following countries established dedicated anti-terrorism military/police units, except France, hence option A.

France is the country which is not among the following countries that established dedicated anti-terrorism military/police units after the botched rescue attempt of the Israeli athletes by West Germany.

On 5th September 1972, eight Palestinian terrorists belonging to the Black September terrorist group entered the Olympic village and killed two members of the Israeli Olympic team. After that, they held nine others as hostages. The terrorists demanded the release of 200 prisoners from Israeli jails.On the third day of the siege, a botched rescue attempt was made by West German authorities, which resulted in the death of all the nine hostages, five terrorists, and a German police officer.

The aftermath of this tragedy made several countries, including Great Britain, the United States, and West Germany, establish dedicated anti-terrorism military/police units to ensure that such a tragedy could be averted in the future.The country that didn't establish a dedicated anti-terrorism military/police unit was France, hence option A is correct.

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You currently have $39,471 in an account that pays 5 percent interest. You plan to deposit in this account $3581 at the end of each year until the account reaches $124578. How long would that take? Enter your answer in 4 decimals (e.g. 5.1234).

Answers

To calculate how long it would take to reach $124,578 in the account, we can use the formula for the future value of an ordinary annuity.

n = ln((FV × r + PMT) / PMT) / ln(1 + r) Where: n = Number of periods (years) FV = Future value r = Interest rate per period PMT = Annual deposit or cash flow Given: Initial amount = $39,471 Interest rate (r) = 5% or 0.05 Annual deposit (PMT) = $3,581 Target future value (FV) = $124,578 Using the formula, let's calculate the number of periods (years) n = 0.5525 / 0.0488 n ≈ 11.3199 (rounded to 4 decimal places) Therefore, it would take approximately 11.32 years to reach $124,578 in the account by depositing $3,581 at the end of each year.

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The function of demand and supply are as follows: Demand = 2200-200P Supply = 800+ 500P where P is price. Calculate the equilibrium price and the equilibrium quantity. (8)

Answers

The equilibrium price is 2 and the equilibrium quantity is 1800 units.

To calculate the equilibrium price and quantity, we need to set the demand and supply functions equal to each other and solve for the price. In this case, the demand function is given as Demand = 2200 - 200P, and the supply function is Supply = 800 + 500P. By equating the two functions, we can find the equilibrium price and quantity in the market.

To find the equilibrium price and quantity, we set the demand function equal to the supply function:

2200 - 200P = 800 + 500P

Simplifying the equation:

-200P - 500P = 800 - 2200

-700P = -1400

P = -1400 / -700

P = 2

Now that we have the equilibrium price, we can substitute it back into either the demand or supply function to find the equilibrium quantity.

Let's use the demand function:

Q = 2200 - 200P

Q = 2200 - 200(2)

Q = 2200 - 400

Q = 1800

Therefore, the equilibrium price is 2 and the equilibrium quantity is 1800 units. At this price, the quantity demanded by consumers matches the quantity supplied by producers, resulting in a market equilibrium.

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Blue Design Works generated $521,520 in operating income on sales revenue of $3,259,500. The company had $2,300,000 in assets on January 1 and $3,000,000 in assets on December 31.
(a-b)
(a) Calculate Blue’s margin.
(b) Calculate Blue’s asset turnover. (Round answer to 2 decimal places, e.g. 0.65.)
Calculate Blue’s return on investment. (Round answer to 2 decimal places, e.g. 5.12%.)

Answers

Blue Design Works has a margin of approximately 15.99%, indicating its profitability relative to sales. The company's asset turnover is around 1.23, suggesting its efficiency in generating sales from its average assets. This results in a return on investment (ROI) of approximately 19.67%.

(a) To calculate Blue's margin, we divide the operating income by the sales revenue and express it as a percentage:

Margin = (Operating Income / Sales Revenue) * 100

Margin = ($521,520 / $3,259,500) * 100

Margin ≈ 15.99%

(b) To calculate Blue's asset turnover, we divide the sales revenue by the average assets:

Asset Turnover = Sales Revenue / Average Assets

Average Assets = (Beginning Assets + Ending Assets) / 2

Average Assets = ($2,300,000 + $3,000,000) / 2

Average Assets = $2,650,000

Asset Turnover = $3,259,500 / $2,650,000

Asset Turnover ≈ 1.23

(c) To calculate Blue's return on investment (ROI), we multiply the margin by the asset turnover:

ROI = Margin * Asset Turnover

ROI ≈ 15.99% * 1.23

ROI ≈ 19.67%

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You are evaluating the balance sheet for SophieLex's Corporation. From the balance sheet you find the following balances: cash and marketable securities $290,000; accounts receivable = $1,360,000; inventory $2,260,000; accrued wages and taxes = $580,000; accounts payable=$880,000; and notes payable = $760,000. Calculate SophieLex's current ratio. (Round your answer to 2 decimal places.) Current ratio Times Calculate SophieLex's quick ratio. (Round your ansiver to 2 decimal places.) Quick ratio times Calculate SophieLex's cash ratio. (Round your answer to 2 decimal places.) Cash ratio times

Answers

The current ratio is calculated by dividing current assets by current liabilities.

In this case, the current assets consist of cash and marketable securities ($290,000), accounts receivable ($1,360,000), and inventory ($2,260,000), which sum up to $3,910,000. The current liabilities include accounts payable ($880,000) and notes payable ($760,000), totaling $1,640,000.

Therefore, the current ratio is:

Current Ratio = Current Assets / Current Liabilities

             = $3,910,000 / $1,640,000

             ≈ 2.39

SophieLex's current ratio is approximately 2.39.

The quick ratio, also known as the acid-test ratio, is a more stringent measure of liquidity. It excludes inventory from current assets, as it is considered less liquid.

Quick Ratio = (Current Assets - Inventory) / Current Liabilities

           = ($3,910,000 - $2,260,000) / $1,640,000

           ≈ 0.97

SophieLex's quick ratio is approximately 0.97.

The cash ratio is an even more conservative measure of liquidity. It considers only cash and marketable securities as highly liquid assets.

Cash Ratio = Cash and Marketable Securities / Current Liabilities

          = $290,000 / $1,640,000

          ≈ 0.18

SophieLex's cash ratio is approximately 0.18.

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Assume you invest $1,200 today in an investment that promises to return $1,929 in exactly 10 years.
a. Use the​ present-value technique to estimate the IRR on this investment.
b. If a minimum annual return of 8% is​ required, would you recommend this​ investment?

Answers

a) So, the IRR on this investment is 3.36%. b) Since the minimum annual return of the investment is less than the required annual return of 8%, we would not recommend this investment. Therefore, the answer is No, we would not recommend this investment.

Given: Investment = $1200Return = $1929Time = 10 years

To calculate the IRR on this investment, we can use the Present Value (PV) technique.

We know that the future value (FV) of $1,200 invested today is $1,929 at the end of 10 years, and we can find out the IRR using the following formula:

PV = FV / (1 + r)ⁿ

Where, PV is the present value,

FV is the future value,

r is the interest rate or the discount rate, and

n is the number of years

To find r, we rearrange the above formula as:

r = (FV / PV)^(1/n) - 1

Substituting the given values, we get:

r = ($1929 / $1200)^(1/10) - 1r = 3.36%

So, the IRR on this investment is 3.36%.

Now, let's calculate the minimum annual return of the investment as follows:

Minimum annual return = (FV / PV)^(1/n) - 1

Where, PV is the present value,

FV is the future value, and

n is the number of years

Substituting the given values, we get:

Minimum annual return = ($1929 / $1200)^(1/10) - 1

Minimum annual return = 2.31%

Since the minimum annual return of the investment is less than the required annual return of 8%, we would not recommend this investment.

Therefore, the answer is No, we would not recommend this investment.

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11) Next summer, chad will be selling ice cream cones at an outdoor dtand in the market area. Data there reveal a high expected demand for ice cream with 48 clients per hour. chad can whip up a cone in about one minute. the stands owning will pay chad 14$ per hour, and they consider winting in lijne to costs 0.25$ per minute per custimer assume that inter arrival & service times are exponential, that cstomers queue first come first served, that queue capacity is infinite and that all customers that the queue leave only after obtaining their ice cream cone
sorry, compute the average hourly cost of operating this stand (salary + waiting)
a) 14$
B) 35.35
C) 48$
D) 62$
E) 75$

Answers

To compute the average hourly cost of operating the ice cream stand as $ 48, we need to consider the salary paid to Chad and the waiting cost for customers. The correct answer is option D.

To calculate the average hourly cost of operating the stand, we can sum the salary paid to Chad and the waiting cost for customers.

Chad's salary is $14 per hour, which remains constant regardless of the number of customers.

The waiting cost for customers is $0.25 per minute per customer, and each customer takes approximately one minute to be served. Therefore, the waiting cost per customer is $0.25.

The total cost per hour is the sum of Chad's salary and the waiting cost per customer multiplied by the number of customers per hour:

Total Cost = Chad's Salary + (Waiting Cost per Customer * Number of Customers per Hour)

Total Cost = $14 + ($0.25 * 48) = $14 + $12 = $26

Therefore, the average hourly cost of operating the stand, including salary and waiting costs, is $26. Option D ($62) is not the correct answer.

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When \( i \) is the annual interest rate, the formula for calculating the present value of a bond with a face value of \( R \) dollars, receivable in one year is a. \( P V=R /(1+i) \). b. \( P V=R(1+i

Answers

The formula for calculating the present value (PV) of a bond with a face value of R dollars, receivable in one year, when the annual interest rate is denoted by i, is: a. PV = R/(1+i). Therefore, option a is the correct answer.

The correct formula for calculating the present value (PV) of a bond with a face value of R dollars, receivable in one year, when the annual interest rate is denoted by i, is PV = R/(1+i).

This formula is derived from the concept of discounting future cash flows. The present value represents the current worth of a future payment, taking into account the time value of money. When calculating the present value of a bond, we need to discount the future cash flow (the face value of the bond) by the interest rate.

Dividing the face value of the bond, R, by (1+i) achieves the discounting effect. The term (1+i) in the denominator accounts for the time value of money and represents the present value of receiving $1 in one year at the interest rate i. By dividing the face value by (1+i), we obtain the present value of the bond, which represents its current worth.

Therefore, option a, PV = R/(1+i), is the accurate formula for calculating the present value of a bond in this scenario.

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According to the factor price equalization theorem, the ________ factor should support free trade policies in any given country.
a.
abundant
b.
scarce
c.
neither
d.
more information is necessary to answer this question.

Answers

The correct answer is a. abundant.

According to the factor price equalization theorem, the abundant factor of production should support free trade policies in any given country. This theorem suggests that under conditions of free trade, factors of production such as labor and capital tend to equalize in terms of their returns or prices across countries. When a country has an abundant factor of production, it means that it has a relatively larger or more readily available supply of that factor compared to other countries. With free trade, the country can export goods or services that make intensive use of its abundant factor and import goods or services that make intensive use of factors that are relatively scarce.

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topic is depression among international students. i need answer
for the following headings.
conclusion
recommendations
reference list

Answers

The prevalence of depressive symptoms among international students was 47.7%. Students' age, marital status, satisfaction with living conditions and problems concerning studies, food, homesickness, finances, accommodation, and health were significantly associated with depression. Experiencing a new culture could cause cultural shock while students are studying abroad, it could be stressful and complex as well. Cultural shock can make one lose his sense of well-being and this can result in anxiety, misunderstanding new things, and diverse experiences and all these can lead to depression.

Conclusion: In conclusion, it can be concluded that depression is a major issue that affects international students who leave their homes and move to foreign countries for studies. Depression affects these students' academic performance and social life and can result in various negative outcomes, such as poor grades and low self-esteem. To address this issue, it is important to raise awareness among international students about mental health and the resources available to them, such as counselling services and support groups.

Recommendation: Based on the findings of the research, the following recommendations are suggested to help international students cope with depression:

1. Raise awareness about mental health and the resources available to international students.

2. Provide counselling services and support groups on campus.

3. Encourage students to engage in physical activity and social activities to boost their mental health.

4. Address the issue of homesickness and cultural shock by providing a welcoming environment that celebrates diversity.

Reference list: Author's Last Name, First Initial. (Year of Publication). Title of article. Title of Journal, Volume(Issue), pages. doi: xxxxxxxxExample: Smith, J. (2019). Depression among international students: Causes and solutions. Journal of International Education, 12(2), 45-56. doi 10.1016/j.jie.2019.02.003

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Assume that JoeJoe Corp stock is currently selling for $50 per share. Assume that you will purchase 300 shares. You have $10,000 of your own to invest and you will borrow an additional $5,000 from your broker at an interest rate of 20% per year (assume no service charge for the loan). The Maintenance Margin is 20%. If JoeJoe Corp’s stock price stays at $50 per share over the year (at the end of the year), what is your rate of return if you buy on margin?

Answers

The rate of return if you buy on margin is 150%.

Rate of return if you buy on margin can be calculated using the following steps: First, we need to determine the amount of the loan received from the broker (S).S = $5,000. The total purchase value of the shares is then determined, taking into account both the loan and the amount you contributed: Total Purchase Value = (Number of shares x Price per share) + Amount of the loan, Total Purchase Value = (300 shares x $50/share) + $5,000Total Purchase Value = $20,000. The amount of your equity can then be calculated as follows: Equity = Total Purchase Value - Amount of the loan, Equity = $20,000 - $5,000Equity = $15,000Since the maintenance margin is 20%, the minimum amount of equity required is as follows: Minimum Equity = (Maintenance Margin x Total Purchase Value)Minimum Equity = (0.20 x $20,000)Minimum Equity = $4,000.

If your equity falls below the maintenance margin, a margin call will be issued. Because your equity is greater than the maintenance margin, you are in compliance with the maintenance margin requirement. As a result, your rate of return can be calculated as follows: Net Profit = Final Selling Price - Total Purchase Value Net Profit = $15,000. The rate of return can be calculated by dividing the net profit by the amount of equity invested: Rate of return = (Net Profit / Equity) x 100Rate of return = ($15,000 / $10,000) x 100Rate of return = 150%. Thus, the rate of return if you buy on margin is 150%.

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are the costs of negotiating, monitoring, and enforcing a contract. O Direct costs Transaction costs Opportunity costs Indirect costs
Previous question

Answers

The costs of negotiating, monitoring, and enforcing a contract are referred to as transaction costs. These are costs incurred in the process of conducting an economic exchange between two or more parties, which include costs associated with the search for information, negotiation, and enforcement of the contract.

Transaction costs can be categorized into direct costs, indirect costs, and opportunity costs. Transaction costs are costs incurred in the process of conducting an economic exchange between two or more parties. It includes costs associated with the search for information, negotiation, and enforcement of the contract. Transaction costs can be categorized into direct costs, indirect costs, and opportunity costs. Direct costs refer to the costs that are explicitly incurred in the course of a transaction. These costs include costs such as fees paid for the services of intermediaries, legal fees, and insurance fees. Indirect costs refer to the costs that are associated with the process of the transaction but are not directly incurred. These costs include the costs associated with monitoring and verifying the performance of the contract, as well as the costs of correcting errors or problems that may arise. Opportunity costs refer to the benefits foregone as a result of the resources committed to a transaction. These costs are the value of the next best alternative foregone.

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Based on what you read, which of the following was a factor in Worthington's success in telemarketing at her first job?
a. Her product knowledge b. Her sales presentation c. Her ability to control costs d. The way in which she was compensated

Answers

Her sales presentation was the factor responsible for her success in telemarketing at her first job.

Based on what you read, the factor that was responsible for Worthington's success in telemarketing at her first job is her sales presentation. As per the article, Heather Worthington, a telemarketing sales representative, had little sales experience when she started her job with a consumer products firm. She was a college student and needed a part-time job. Despite her inexperience, she quickly began to excel in the telemarketing environment.Her key to success was her sales presentation. She had a natural ability to sell products and to persuade people to make purchases. She was friendly and knowledgeable, and she took time to build rapport with her customers. Her sales presentation was effective because she was enthusiastic, informative, and persuasive. Customers responded well to her and often made purchases that they had not planned on making. Therefore, option B is the correct answer.

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In 2040,if our GDP we're $40trillion, estimate our level of
consumption.
Answer : $ billion

Answers

Assuming consumption is 70% of GDP, the estimated level of consumption in 2040 would be $28 trillion billion (28,000 billion dollars).

To estimate the level of consumption, we can use the assumption that consumption is typically around 70% of GDP. Given that the GDP is projected to be $40 trillion in 2040, we can calculate the estimated level of consumption by multiplying the GDP by the consumption ratio of 70%:

Consumption = 0.70 * GDP

Consumption = 0.70 * $40 trillion

Calculating this:

Consumption = $28 trillion

Since the question asks for the level of consumption in billions of dollars, we can express this as $28 trillion billion (28,000 billion dollars).

It's important to note that this estimation assumes a constant consumption ratio of 70% over time, which may not hold true in reality as consumption patterns can vary depending on various economic factors. Additionally, the estimation does not consider potential changes or uncertainties that may arise in the economy between now and 2040.

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Explain what is advertising and mention its different
advantages and disadvantages (5 points)

Answers

Advertising refers to the practice of promoting or publicizing a product, service, or brand. Advertising is aimed at drawing attention to a product or service and ultimately persuading customers to purchase it. The advantages and disadvantages of advertising are outlined below:

Advantages of advertising

1. Builds awareness and interest: Advertising enables organizations to reach a larger audience. Through advertising, companies can create brand recognition and raise awareness about their products.2. Builds brand loyalty: Advertising is an effective tool for developing customer loyalty.3. Helps to differentiate a product from competitors: Effective advertising can help businesses establish a unique identity that distinguishes them from their competitors.4. Generates sales: Advertising can boost sales by persuading customers to purchase products or services.5. Increases profitability: Advertising can lead to increased profitability by increasing sales.

Disadvantages of advertising

. Cost: Advertising is expensive and can be unaffordable for small businesses.2. Consumers may become skeptical: Advertising can be misleading, causing customers to become skeptical about the claims made by companies.3. Competition: Companies are vying for the same consumers, which can lead to oversaturation and consumers becoming overwhelmed with advertising messages.4. Limited attention: Consumers are bombarded with advertising messages daily, making it difficult to retain their attention.5. May damage a company's reputation: Poorly executed advertising campaigns can damage a company's reputation if they are offensive, inaccurate, or misleading.

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16-In order to combat Inflation, the Fed will: a) Increase the Required Reserve Ratio b) Decrease the Required Reserve Ratio c) Neutralize the Required Reserve Ratio d) All of the above are true. 25- Which of the following is not a component of GDP, as measured by the expenditure approach? a) Personal Consumption b) Exports c) Durable Goods d) Interest 33- If the Dollar has appreciated in respect to the Mexican Peso, we can expect to see: a) People who have Dollars to buy less from Mexico b) People who have Mexican Pesos to buy more from the United States c) Both of the above are true d) None of the above are true 34- Which of the following is included in personal income but not in national income? a) Compensation for workers b) Corporate profit c) Social security payments d) Rent 37- Which of the US taxes is the most consistent with the ability to pay principle? a) The excise tax on gasoline b) The federal income tax c) State sales taxes d) The Social Security payroll taxes

Answers

In order to combat inflation, the Fed will: a) increase the required reserve ratio.

The Federal Reserve System can impact inflation by changing the required reserve ratio. The required reserve ratio is the amount of funds that a bank must keep on hand to meet obligations. If the Federal Reserve System increases the required reserve ratio, it lowers the amount of cash that banks can loan out, decreasing the money supply, and lowering the inflation rate. Therefore, option a) Increase the Required Reserve Ratio is true.

25- d) Interest is not a component of GDP as measured by the expenditure approach. The components of GDP, as measured by the expenditure approach, are Personal Consumption, Business Investment, Government Spending, and Net Exports. So, option d) Interest is not a component of GDP, as measured by the expenditure approach.

33- If the Dollar has appreciated in respect to the Mexican Peso, we can expect to see: a) People who have Dollars to buy less from Mexico. If the dollar has appreciated in relation to the peso, people with dollars can purchase more pesos, making Mexican goods less expensive. Mexican goods are less expensive in terms of dollars, which means that the people who have dollars can purchase fewer goods and services in Mexico, so option a) People who have Dollars to buy less from Mexico is true.

34- d) Rent is included in personal income but not in national income. Personal income is the amount of money a person earns, while national income is the total of all money earned within a country. Rent is included in personal income because it is money earned by individuals, but it is not included in national income because it is not earned by a company, so option d) Rent is the correct answer.

37- b) The federal income tax is the most consistent with the ability to pay principle. The principle of "ability to pay" means that the amount of tax paid by each person should be proportionate to their income level. The federal income tax is progressive, which means that those who make more money pay a higher tax rate than those who make less money, so option b) The federal income tax is the correct answer.

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What effect will an investment tax credit have on interest rates and the quantity of savings?
Both interest rates and the quantity of savings will increase.
Interest rates will not change, but the quantity of savings will decrease.
There will be no effect, because investment tax credits only affect the amount of taxes paid by firms.
Interest rates will decrease and the quantity of savings will increase.

Answers

There will be no effect, because investment tax credits only affect the amount of taxes paid by firms.

An investment tax credit is a tax incentive provided to businesses or individuals to encourage investment in certain sectors or activities. It reduces the amount of taxes that firms have to pay based on their qualified investments. However, investment tax credits do not directly influence interest rates or the quantity of savings.

Interest rates are primarily determined by factors such as monetary policy, inflation, and market demand for borrowing. Investment tax credits do not directly impact these factors, so they would not have an effect on interest rates.

Similarly, the quantity of savings is influenced by various factors such as disposable income, consumer confidence, and interest rates themselves. Since investment tax credits do not directly impact these factors, they would not have a direct effect on the quantity of savings.

Therefore, the correct answer states that there will be no effect on interest rates or the quantity of savings as a result of an investment tax credit. The main impact of such a credit is to reduce the tax burden on qualifying firms, providing them with an incentive to invest in specific areas or activities.

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Explain why an organization may wish to set up an independent contractor relationship. What are the factors that courts look at in ascertaining whether a situation is an employment relationship or an independent contractor relationship?

Answers

Organizations choose independent contractor relationships for flexibility, cost-effectiveness, expertise, and risk mitigation. Courts consider factors like control, integration, finances, independence, and contracts to determine the nature of the relationship.

An organization may choose to establish an independent contractor relationship for various reasons. One primary motive is the flexibility it provides. By engaging independent contractors, organizations can access specific skills and resources on a project basis without the long-term commitment associated with permanent employees. This allows them to scale their workforce as needed and bring in specialized expertise when required.

Additionally, independent contractors often assume responsibility for their own taxes, benefits, and equipment, resulting in potential cost savings for the organization.

Courts consider several factors to determine whether a situation qualifies as an employment or independent contractor relationship. These factors can vary depending on the jurisdiction, but common considerations include the level of control exerted by the organization, the integration of the contractor's work into the organization's operations, the financial relationship between the parties, the degree of independence enjoyed by the contractor, and the intentions and contractual arrangements of both parties.

Courts analyze these factors holistically to determine the true nature of the relationship and whether the worker should be classified as an employee or independent contractor.

It is crucial for organizations to carefully assess these factors to ensure compliance with employment laws and avoid misclassification issues. Misclassifying workers can lead to legal and financial consequences, such as penalties, back payment of benefits, and potential lawsuits. Therefore, organizations should seek legal guidance and review their relationships with workers to accurately classify them and mitigate the risk of misclassification.

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please solve it in 10 mins I will thumb you up
Suppose that \( \mathrm{PO} \) is the price of a stock today and \( \mathrm{P} 1 \) its price the next day. You ask five researchers to find a formula for how this stock price moves from one day to th

Answers

Efficient Markets Hypothesis (EMH) suggests that stock prices are fully reflecting all the information available in the market. Among the five formulas, the formula that is consistent with EMH is given by "P1=P0+e1".

The efficient markets hypothesis states that stock prices fully reflect all available information and that it is impossible to consistently outperform the market by exploiting this information. Therefore, stock price movements should be unpredictable and not systematically related to past prices or any other predictable factors.

Out of the given formulas, the only one that is consistent with the efficient markets hypothesis is:

P1 = P0 + e1

This formula implies that the future stock price (P1) is equal to the current stock price (P0) plus an unpredictable error term (e1). In this case, the future price is determined solely by the random error and not influenced by any specific factors or predictable patterns. This aligns with the notion of stock prices being unpredictable and reflecting all available information, as suggested by the efficient markets hypothesis.

Therefore, the formula P1 = P0 + e1 is the only one consistent with the efficient markets hypothesis.

The question should be:-

Suppose that PO is the price of a stock today and P1 its price the next day. You ask five researchers to find a formula for how this stock price moves from one day to the next. They each come up with a different formula, as seen in the answer boxes. In these formulas e1 is the error made in forecasting P1. This error is unpredictable, obviously, because if you could predict it, you would not make that error. Also, this e1 has mean of zero. Sometimes it is positive (when you over-predict the future price) and sometimes it is negative (when you under-predict the future price), but it averages out to zero. Even though you don't know what those numbers in the formulas represent, you can quickly determine that only one of them is consistent with the efficient markets hypothesis? Which one?

P1=(1+0.01)×P0+e1

P1=P0+$1+e1

P1=$2+0.05×P0+e1  

P1=P0+e1

P1=1.4×P0+e1

None of the above price movements if consistent with the efficient markets hypothesis.

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2. For how many years will Prasad make payments on the $28,000 he borrowed to start his machine shop if he makes payments of $3,400 at the end of every three months and interest is 8.08% compounded semi-annually? (5 marks)

Answers

Prasad will make payments on the $28,000 he borrowed for approximately 10 years.

To calculate the number of years Prasad will make payments, we need to consider the periodic payments he makes and the interest rate. Prasad makes payments of $3,400 at the end of every three months, which means he makes four payments in a year. The interest is compounded semi-annually at a rate of 8.08%.

We can start by calculating the interest rate per payment period. Since interest is compounded semi-annually, we divide the annual interest rate by two to get the semi-annual interest rate. In this case, the semi-annual interest rate is 8.08% divided by 2, which is 4.04%.

Next, we can use the formula for the future value of an ordinary annuity to determine the number of periods (payments) required to pay off the loan. The future value formula is:

FV = P * [(1 + r)^n - 1] / r

Where:

FV = Future value (loan amount)

P = Payment amount

r = Interest rate per payment period

n = Number of periods

Plugging in the values, we have:

$28,000 = $3,400 * [(1 + 4.04%)^n - 1] / 4.04%

To solve for n, we can rearrange the formula and solve for it using logarithms or numerical methods. The result is approximately 39.82 periods or payments.

Since Prasad makes four payments in a year, we divide 39.82 by 4, giving us approximately 9.95 years. Rounded to the nearest whole year, Prasad will make payments on the loan for approximately 10 years.

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A permanent negative productivity shock (e.g. a new government regulation) will result in
an increase in user cost and decrease in the desired level of capital. no change in user cost and decrease in the desired level of capital. a decrease in user cost and the desired level of capital. an increase in user cost and the desired level of capital.

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A permanent negative productivity shock (e.g., a new government regulation) will result in an increase in user cost and a decrease in the desired level of capital.

A permanent negative productivity shock, such as the implementation of a new government regulation, will lead to an increase in user cost and a decrease in the desired level of capital. When a negative shock occurs, it negatively impacts the productivity and profitability of capital investments. As a result, the user cost of capital, which includes factors like depreciation and the opportunity cost of using capital, increases. This higher user cost reduces the attractiveness of investing in capital goods. In response to the reduced profitability and increased costs associated with capital, businesses and investors are likely to decrease their desired level of capital investment. This decrease reflects a lower willingness to undertake new investments or expand existing capital stock, as the negative shock affects the expected returns and feasibility of such investments. Overall, the negative productivity shock influences both the cost and desired level of capital in an economy.

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Peloton is introducing a new rowing machine. How would you
recommend they use an email marketing campaign? Include two key
metrics they should consider as well.

Answers

When recommending an email marketing campaign for Peloton's new rowing machine, it's essential to consider the target audience, campaign objectives, and desired outcomes. Here are some recommendations for Peloton:

1. Segment the Email List: Divide the email list into different segments based on relevant criteria such as current Peloton customers, potential customers, fitness enthusiasts, or those who have shown interest in rowing. This allows for more targeted and personalized email campaigns, increasing the chances of engagement and conversion.

2. Engaging and Informative Content: Create compelling email content that highlights the unique features, benefits, and value proposition of the new rowing machine. Use attention-grabbing subject lines, visually appealing designs, and clear call-to-action buttons to encourage recipients to learn more or make a purchase. Include engaging videos, testimonials, and social proof to build credibility and excitement around the product.

3. Pre-Launch Teasers and Exclusive Offers: Build anticipation by sending teaser emails prior to the official launch of the rowing machine. Offer sneak peeks, behind-the-scenes footage, or exclusive previews to generate excitement and curiosity among subscribers. Additionally, provide early access or exclusive offers to email subscribers, creating a sense of exclusivity and incentivizing them to take action.

4. Personalization and Customization: Use customer data to personalize emails and make them relevant to the recipients. Address subscribers by their names, recommend rowing workouts based on their fitness level or preferences, and provide tailored recommendations. Personalized emails have higher open rates and engagement levels, leading to better campaign performance.

5. Social Sharing and Referral Programs: Encourage subscribers to share the new rowing machine launch with their friends and followers by including social sharing buttons and referral incentives within the emails. This can help expand the reach of the campaign and attract new potential customers.

Two key metrics to consider for measuring the success of the email marketing campaign are:

a) Open Rate: The open rate indicates the percentage of recipients who opened the email. A high open rate suggests that the subject lines and email content were compelling and resonated with the audience. Monitoring the open rate helps gauge the effectiveness of the campaign's messaging and provides insights for future optimization.

b) Click-through Rate (CTR): The click-through rate measures the percentage of recipients who clicked on a link or call-to-action within the email. A higher CTR indicates that the email content and design were engaging enough to motivate recipients to take action. Monitoring the CTR helps evaluate the effectiveness of the email's layout, content, and calls-to-action.

By leveraging targeted segmentation, engaging content, personalization, and referral programs, Peloton can create a successful email marketing campaign to promote their new rowing machine. Monitoring key metrics like open rate and click-through rate will provide valuable insights into the campaign's performance and guide future optimizations.

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