The expected growth rate of the dividend is -0.9422, or approximately -94.22%. Please note that a negative growth rate indicates a decrease in the dividend rather than an increase.
To calculate the expected growth rate of the dividend, we can use the Gordon Growth Model formula. The formula is as follows:
Dividend Growth Rate = (Dividend per Share / Market Price) - 1
Given that the market price of the stock is $21.81 and the dividend just paid is $1.26, we can substitute these values into the formula:
Dividend Growth Rate = ($1.26 / $21.81) - 1
Dividend Growth Rate = 0.0578 - 1
Dividend Growth Rate = -0.9422
Therefore, the expected growth rate of the dividend is -0.9422, or approximately -94.22%. Please note that a negative growth rate indicates a decrease in the dividend rather than an increase.
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the following are budgeted data: january february march sales in units 16,000 22,000 19,000 production in units 19,000 20,000 18,500 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 25% of the following month's production needs. purchases of raw materials for february would be budgeted to be:
To budget the purchases of raw materials for February, we need to calculate the required production needs for that month. According to the given data, 20,000 units are budgeted for production in February. Since one pound of material is required for each finished unit.
We can calculate the total pounds of material needed in February by multiplying the production units by the material requirement per unit. So, the total pounds of material needed in February = 20,000 units * 1 pound/unit = 20,000 pounds. Now, we need to calculate the inventory of materials at the end of January. According to the given information, the inventory at the end of each month should equal 25% of the following month's production needs.
Since the production needs for February are 20,000 pounds, the inventory at the end of January should be 25% of 20,000 pounds, which is 5,000 pounds. To determine the purchases of raw materials for February, we subtract the beginning inventory of materials in February from the total pounds of material needed in February. Since the inventory at the end of January is 5,000 pounds, the purchases of raw materials for February would be budgeted to be:
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Question Mode Multiple Choice Question The periodic rises and falls that occur in economies over time are called: Multiple choice question. business cycles peaks and troughs business systems social unrest
The periodic rises and falls that occur in economies over time are called:
Multiple Choice Question:
A) Business cycles
B) Peaks and troughs
C) Business systems
D) Social unrest
The correct answer is:
A) Business cycles
Business cycles are influenced by various factors, including changes in consumer and business confidence, monetary policy decisions by central banks, fiscal policies implemented by governments, technological advancements, and global economic conditions. Understanding business cycles is crucial for policymakers, businesses, and investors as they can help anticipate and respond to economic changes and fluctuations.
It is important to note that the duration and severity of business cycles can vary significantly. While some cycles may be relatively short and mild, others can be more prolonged and severe. Economic indicators, such as GDP growth, inflation rates, and employment levels, are used to track and analyze the phases of business cycles.
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businesses that engage in international trade can hedge their exchange rate risk with futures contracts.
In conclusion hedging exchange rate risk with futures contracts allows businesses to manage their exposure to currency fluctuations and protect their profitability in international trade. By locking in exchange rates, businesses can mitigate the uncertainty associated with fluctuating currency values and focus on their core operations. This risk management tool provides stability and predictability, enabling businesses to make informed decisions and effectively plan their international trade activities.
Businesses that engage in international trade can hedge their exchange rate risk with futures contracts.
Exchange rate risk refers to the uncertainty businesses face due to fluctuations in currency exchange rates. When a business buys or sells goods internationally, it is exposed to the risk of losing money if exchange rates change unfavorably between the time the sale is agreed upon and the actual exchange of currencies occurs.
To hedge against this risk, businesses can enter into futures contracts. Futures contracts are agreements to buy or sell a specific amount of a currency at a predetermined exchange rate on a future date. By entering into these contracts, businesses can lock in a specific exchange rate, thereby protecting themselves from adverse fluctuations in currency exchange rates.
For example, let's say a business in the United States is planning to import goods from Europe. To protect against potential losses due to currency exchange rate fluctuations, the business can enter into a futures contract to buy a specific amount of euros at a fixed exchange rate. This ensures that even if the exchange rate between the US dollar and the euro changes in the future, the business will still be able to buy euros at the predetermined rate specified in the futures contract.
In conclusion hedging exchange rate risk with futures contracts allows businesses to manage their exposure to currency fluctuations and protect their profitability in international trade. By locking in exchange rates, businesses can mitigate the uncertainty associated with fluctuating currency values and focus on their core operations. This risk management tool provides stability and predictability, enabling businesses to make informed decisions and effectively plan their international trade activities.
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What is the value of a stock that you believe will sell in one year for $45 a share and will pay $2. 50 in dividends over the year assuming your required return is 12%?.
The value of a stock, we can use the Dividend Discount Model (DDM). The DDM calculates the present value of all expected future dividends and the future selling price of the stock.The value of the stock is approximately $42.41.
Here's how we can apply the DDM to this problem:
1. Calculate the present value of the dividends:
- Dividends are expected to be $2.50 over the year.
- Since the required return is 12%, we can use this rate as the discount rate.
- To calculate the present value of the dividends, we divide the dividends by (1 + discount rate) raised to the power of the number of periods. In this case, it would be $2.50 / (1 + 0.12) = $2.23.
2. Calculate the present value of the future selling price:
- The future selling price is expected to be $45 after one year.
- Using the same discount rate of 12%, we can calculate the present value of the future selling price. It would be $45 / (1 + 0.12) = $40.18.
3. Add the present value of the dividends and the present value of the future selling price to find the stock's value:
- Stock value = present value of dividends + present value of future selling price
- Stock value = $2.23 + $40.18 = $42.41
Therefore, the value of the stock is approximately $42.41.
It's important to note that this is just one way to value a stock and there are other methods that can be used. Additionally, stock prices are influenced by various factors in the market, so the actual price may differ from the calculated value.
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A formal organization with a hierarchy of authority, impersonality of positions, and written-down procedures is
A formal organization with a hierarchy of authority, impersonality of positions, and written-down procedures is a bureaucracy.
A bureaucracy is a large organization that operates under a specific set of rules and procedures to achieve specific objectives. This type of organization is characterized by formal procedures, a clear hierarchy of authority, and impersonal relationships between workers and management.
Bureaucracies are typically large organizations that are structured around specific functions or tasks. They are usually made up of multiple levels of management, each with its own set of responsibilities and duties. This hierarchical structure allows organizations to efficiently manage large numbers of employees and to ensure that tasks are completed in a timely and effective manner.
The formal procedures that are typically found in bureaucracies help to ensure that all tasks are completed in a consistent manner. These procedures are often written down in manuals or other documents that are easily accessible to employees. This helps to minimize confusion and ensure that all workers are working towards the same goals.
In conclusion, a bureaucracy is a formal organization with a clear hierarchy of authority, impersonality of positions, and written-down procedures. It is a large organization that operates under a specific set of rules and procedures to achieve specific objectives.
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five selected transactions for the current month are indicated by letters in the following t accounts in a job order cost accounting system:materials work in process(a)(a)(d)(b)(c)wages payable finished goods(b)(d)(e)factory overhead cost of goods sold
In a job order cost accounting system, the five selected transactions for the current month are indicated by letters in the following T-accounts:
1. Materials Work in Process:
- (a)(a): This indicates that two transactions related to materials have been recorded in the Work in Process account.
- (d): This indicates that one transaction related to materials has been recorded in the Work in Process account.
- (b): This indicates that one transaction related to materials has been recorded in the Work in Process account.
- (c): This indicates that one transaction related to materials has been recorded in the Work in Process account.
In summary, the letters in the T-accounts represent the selected transactions for the current month in a job order cost accounting system. These letters provide a way to track and record specific transactions related to materials and wages. However, no transactions have been recorded for finished goods, factory overhead, or the cost of goods sold in the current month.
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Mexico can produce 10,000 pairs of boots or 10,000,000 bushels of corn. The United States can produce 15,000 pairs of boots or 45,000,000 bushels of corn. Who has the absolute advantage in Boot production
The United States has the absolute advantage in boot production.
What is Absolute advantage?Absolute advantage is an economic concept that refers to the ability of a country, region, or individual to produce a good or service more efficiently or with a lower resource input than another country, region, or individual. It is based on the premise that there are differences in productivity levels among different entities.
An entity has an absolute advantage in the production of a particular good or service if it can produce more of it using the same amount of resources or produce the same amount using fewer resources compared to another entity. This advantage can stem from various factors such as natural resources, technology, capital, skilled labor, or specialization.
Absolute advantage refers to a situation where a country can produce a greater quantity of a particular good or service using the same amount of resources or can produce the same quantity using fewer resources compared to another country.
In this case, the United States can produce 15,000 pairs of boots, while Mexico can produce only 10,000 pairs of boots. Therefore, the United States has a higher absolute production capacity for boots compared to Mexico.
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The Fly Company provides advertising services for clients across the nation. The Fly Company is presently working on four projects, each for a different client. The Fly Company accumulates costs for each account (client) on the basis of both direct costs and allocated indirect costs. The direct costs include the charged time of professional personnel and media purchases (air time and ad space). Overhead is allocated to each project as a percentage of media purchases. The predetermined overhead rate is 60% of media purchases. On August 1, the four advertising projects had the following accumulated costs:
August 1 Balances
Vault Bank $86,900
Take Off Airlines 26,300
Sleepy Tired Hotels 61,300
Tastee Beverages 37,700
Total $212,900
During August, The Fly Company incurred the following direct labor and media purchase costs related to preparing advertising for each of the four accounts:
Direct Labor Media Purchases $61,600 $233,400 Vault Bank 27,500 205,400 Take Off Airlines 121,000 150,000 Sleepy Tired Hotels 137,700 112,200 Tastee Beverages $347,800 $701,000 Total At the end of August, both the Vault Bank and Take Off Airlines campaigns were completed. The costs of completed campaigns are debited to the cost of services account. a. Journalize the summary entry to record the direct labor costs for the month. If an amount box does not require an entry, leave it blank.
the direct labor costs for the month, we would use the following entry:Explanation:Direct labor costs are the wages or salaries paid to workers for the time they spend on manufacturing a product or providing a service.
Direct labor costs include the cost of salaries, wages, and benefits paid to employees who work directly on the product or service. On the other hand, media purchases refer to the amount paid for airtime, advertising space, or other media. Media purchases are an example of direct costs.
Overhead, on the other hand, is an example of indirect costs.The summary entry to record the direct labor costs for the month can be journalized as follows:Date Account Title Debit CreditAug. 31Vault Bank $27,500Take Off Airlines $121,000Sleepy Tired Hotels $137,700Tastee Beverages $61,600Direct Labor Cost $348,800The cost of direct labor for each project is credited. Since Take Off Airlines and Vault Bank campaigns were completed, their respective costs have been charged to the cost of services account and should be removed from the summary entry. Thus, the debit side of the entry would only contain the Direct Labor Cost account, while the credit side would show the cost of direct labor for each project.
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A manufacturing company is facing codification challenges caused by fluctuating stock levels.identify the considerations to be made when choosing the most suitable type
When choosing the most suitable type of codification for a manufacturing company facing challenges caused by fluctuating stock levels, there are several considerations to be made.
By considering these factors, a manufacturing company can choose the most suitable type of codification system to address challenges caused by fluctuating stock levels.
These considerations include:
1. Scalability:
The codification system should be able to handle the company's current stock levels as well as accommodate potential future growth. It should be flexible enough to easily incorporate changes in stock levels without causing disruptions or inefficiencies in the manufacturing process.
2. Accuracy:
The codification system should ensure accurate identification and tracking of stock levels. It should provide precise information about the quantity and location of each item in the inventory, enabling the company to make informed decisions regarding stock management and replenishment.
3. Integration:
The chosen codification system should be compatible with the company's existing manufacturing and inventory management software. It should seamlessly integrate with other systems and tools used by the company, enabling smooth data flow and reducing the chances of errors or discrepancies.
4. Ease of use:
The codification system should be user-friendly and intuitive for employees to work with. It should have a clear and logical structure that enables quick and easy retrieval of information. This will facilitate efficient stock management and minimize the time and effort required for codification-related tasks.
5. Cost-effectiveness:
The chosen codification system should provide value for money and be cost-effective for the company. It should not require excessive financial investment in terms of implementation, maintenance, or training. The benefits gained from implementing the codification system should outweigh the associated costs.
By considering these factors, a manufacturing company can choose the most suitable type of codification system to address challenges caused by fluctuating stock levels.
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If a load of snow contains 3 tons, it will weigh how many pounds?
a. 3,000
b. 1,500
c. 12,000
d. 6,000
The load of snow weighing 3 tons will weigh 6,000 pounds.
To convert tons to pounds, you need to know that 1 ton is equal to 2,000 pounds.
To convert tons to pounds, we need to know the conversion factor. One ton is equal to 2,000 pounds. Therefore, if a load of snow contains 3 tons, it would weigh:
3 tons x 2,000 pounds/ton = 6,000 pounds.
So, a load of snow weighing 3 tons would be equivalent to 6,000 pounds. This conversion is based on the standard definition of a ton, which is commonly used in the United States and other countries.
It's important to note that there are different types of tons, such as the metric ton (equal to 1,000 kilograms or approximately 2,204.62 pounds) and the short ton (equal to 2,000 pounds).
In this case, we assumed the short ton based on the provided conversion factor.
3 tons * 2,000 pounds/ton = 6,000 pounds
Therefore, the load of snow weighing 3 tons will weigh 6,000 pounds.
The correct answer is d. 6,000.
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In the context of mobile marketing, _____ are released by businesses to help consumers access more information about their company or to provide incentives. Group of answer choices apps firewalls cookies speed dials
In the context of mobile marketing, apps are released by businesses to help consumers access more information about their company or to provide incentives.
Apps, short for applications, are software programs specifically designed to be used on mobile devices such as smartphones or tablets. These apps can be downloaded from app stores and installed on the mobile device, allowing users to access specific features, information, or services provided by the business.
By releasing apps, businesses can engage with their target audience, provide a seamless user experience, and offer additional value to their customers. Apps can serve various purposes, such as showcasing products or services, offering personalized recommendations, enabling mobile shopping, providing loyalty rewards or discounts, and facilitating communication with customers through push notifications.
Overall, apps play a crucial role in mobile marketing as they enhance customer engagement, improve brand awareness, and contribute to the overall success of a business's marketing strategy.
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According to the text, a _____ is a broad system that organizes specific functions in society.
According to the text, a social institution is a broad system that organizes specific functions in society.
Social institutions are structures or mechanisms that govern and regulate social behavior, ensuring the smooth functioning of society as a whole. They provide frameworks for individuals to interact, form relationships, and fulfill their roles within society.
Examples of social institutions include family, education, religion, government, and the economy. These institutions have specific functions and norms that guide behavior and contribute to the overall stability and cohesion of society. For instance, the family institution provides socialization, emotional support, and the reproduction of individuals.
The education institution facilitates the transfer of knowledge and skills to future generations. The religious institution guides individuals' beliefs, values, and practices. The government institution establishes laws, maintains order, and provides public services. The economic institution organizes the production, distribution, and consumption of goods and services.
In summary, social institutions are broad systems that organize specific functions in society. They play a crucial role in shaping and maintaining social order, providing structure, and fulfilling various societal needs.
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The process of allocating fixed and variable costs separately is called: Select one: a. the separate allocation procedure (SAP). b. common-cost allocation. c. diverse allocation. d. reciprocal-cost allocation. e. dual-cost allocation.
The correct answer is b. common-cost allocation. the process of allocating fixed and variable costs separately is called common-cost allocation. It is used to distribute common costs among products or departments based on an allocation base, such as direct labor hours or machine hours.
Common-cost allocation is the process of allocating fixed and variable costs separately. This method is used to determine how to allocate costs that are shared among multiple products or departments.
Let's look at an example to better understand common-cost allocation. Imagine a company that produces two products: Product A and Product B. The company incurs costs such as rent, utilities, and administrative salaries, which are considered common costs because they benefit both products.
To allocate these common costs, the company needs to determine how much of each cost should be assigned to Product A and Product B. This is where common-cost allocation comes into play.
For instance, if Product A requires more machine hours compared to Product B, the common costs would be allocated in proportion to the machine hours used by each product.
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In the outpsider case, what is the trick to expanding the pie and making the deal happen?
Expanding the pie and making the deal happen in the outsider case involves understanding interests, finding common ground, exploring creative solutions, effective communication, negotiation, building trust, and finalizing the deal. By following these steps, both parties can benefit from the expanded value and achieve a successful outcome.
The trick to expanding the pie and making the deal happen in the outsider case is to find ways to create additional value that can be shared by both parties. This involves thinking creatively and identifying opportunities for collaboration and mutually beneficial outcomes.
Here's a step-by-step approach to expanding the pie and making the deal happen in the outsider case:
1. Understand the interests: Begin by understanding the interests and needs of both parties involved. This includes identifying what each party wants to achieve and what they value.
2. Identify common ground: Look for areas of shared interest and potential win-win scenarios. This involves finding ways to align the interests of both parties and identify opportunities for collaboration.
3. Explore creative solutions: Think outside the box and explore creative solutions that can help expand the pie. This may involve brainstorming alternative options, considering different perspectives, or coming up with innovative ideas.
4. Communicate effectively: Clearly communicate your ideas and the potential benefits of expanding the pie to the other party. Highlight how these ideas can address their interests and provide value to them.
5. Negotiate and compromise: Engage in open and constructive negotiations, focusing on finding common ground and reaching mutually beneficial agreements. Be willing to compromise and make concessions to ensure a successful deal.
6. Build trust: Establish trust and rapport with the other party through open and honest communication. This can help foster a positive and collaborative environment for expanding the pie.
7. Finalize the deal: Once an agreement is reached, ensure that all necessary details are documented and that both parties are satisfied with the terms. This includes considering legal aspects and ensuring that the agreement is fair and enforceable.
In conclusion, expanding the pie and making the deal happen in the outsider case involves understanding interests, finding common ground, exploring creative solutions, effective communication, negotiation, building trust, and finalizing the deal. By following these steps, both parties can benefit from the expanded value and achieve a successful outcome.
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What is the future value of $15,000 received today if it is invested at 7.5ompounded annually for five years? group of answer choices 15,133.35 21,675.66 17,476.42 21,534.44
The future value of $15,000 invested at an annual interest rate of 7.5% compounded annually for five years is approximately $21,534.44.
The future value is calculated by multiplying the initial investment (principal) of $15,000 by the factor (1 + interest rate) raised to the power of the number of periods (in this case, five years). The interest rate is 7.5%, which is equivalent to 0.075 in decimal form. By plugging in the values and performing the calculation, we find that the future value is approximately $21,534.44. This represents the amount that the initial investment will grow to after five years of compounding at the given interest rate.The future value of $15,000 received today, invested at an annual interest rate of 7.5% compounded annually for five years, can be calculated using the formula for compound interest:
Future Value = Principal × (1 + Interest Rate)^Number of Periods
Plugging in the values:
Future Value = $15,000 × (1 + 0.075)^5
Future Value = $15,000 × (1.075)^5
Future Value ≈ $21,534.44
Therefore, the future value of $15,000 invested at 7.5% compounded annually for five years is approximately $21,534.44.
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In the context of information technology, "what-is" decision-making analysis is used in systems that have the capability to report real-time information and predict what could happen in the future?
In conclusion, "what-is" decision-making analysis in information technology uses real-time information and predictive capabilities to analyze the current state of a system and predict future outcomes. This approach is valuable in various fields, from e-commerce to finance and beyond.
In information technology, "what-is" decision-making analysis is commonly used in systems with real-time reporting and predictive capabilities. This approach involves analyzing current data and predicting future outcomes.
Let's break it down step-by-step:
1. Real-time information: These systems gather and process data in real-time, providing up-to-date insights and reports.
2. Predictive capabilities: By analyzing historical data and patterns, these systems can predict future trends and outcomes.
3. "What-is" decision-making analysis: This analysis involves understanding the current state of a system or situation, identifying the factors that influence it, and predicting the potential consequences of different decisions.
For example, imagine an e-commerce platform using this analysis to make decisions about product recommendations. It would consider real-time data like customer browsing behavior and purchase history to predict which products a customer is likely to be interested in.
In conclusion, "what-is" decision-making analysis in information technology uses real-time information and predictive capabilities to analyze the current state of a system and predict future outcomes. This approach is valuable in various fields, from e-commerce to finance and beyond.
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obtain a linear regression model and the correlation coefficient . (take to be time in years since 2010.) according to the model, at what rate is spending on mobile advertising increasing in this country? how does this translate to annual revenues for impact advertising?
The steps to obtain the linear regression model and the correlation coefficient:
1. Gather the data
2. Plot the data
3. Calculate the correlation coefficient
4. Perform linear regression analysis
5. Interpret the results
To obtain a linear regression model and the correlation coefficient, you will need a dataset that includes information on both time in years since 2010 and spending on mobile advertising. Once you have this dataset, you can use statistical software or tools like Excel to perform the regression analysis.
Here are the steps to obtain the linear regression model and the correlation coefficient:
1. Gather the data: Collect data on time in years since 2010 and spending on mobile advertising. Make sure you have a sufficient number of data points for accurate analysis.
2. Plot the data: Create a scatter plot with time on the x-axis and spending on mobile advertising on the y-axis. This will give you a visual representation of the relationship between the two variables.
3. Calculate the correlation coefficient: Use a statistical software or a spreadsheet program like Excel to calculate the correlation coefficient (also known as Pearson's correlation coefficient). The correlation coefficient ranges from -1 to 1, where -1 indicates a perfect negative correlation, 0 indicates no correlation, and 1 indicates a perfect positive correlation. The correlation coefficient will help you understand the strength and direction of the relationship between time and spending on mobile advertising.
4. Perform linear regression analysis: Use the same statistical software or spreadsheet program to perform linear regression analysis. The linear regression model will help you determine the equation of the line that best fits the data. It will give you the slope (rate of increase) and the intercept (starting point) of the line.
5. Interpret the results: Look at the coefficient of the time variable in the linear regression model. This coefficient represents the rate at which spending on mobile advertising is increasing per year since 2010. It indicates the average change in spending on mobile advertising for each additional year.
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The fisher equation implies that if expected inflation is higher than actual inflation, then?
The Fisher equation states that the nominal interest rate is equal to the sum of the real interest rate and the expected inflation rate. Mathematically, it can be expressed as follows:
Nominal Interest Rate = Real Interest Rate + Expected Inflation Rate.
If the expected inflation rate is higher than the actual inflation rate, it implies that people expect prices to rise more than they actually do. In this case, the nominal interest rate will be higher than the real interest rate. This happens because lenders anticipate higher inflation and charge higher interest rates to compensate for the erosion of purchasing power.
When expected inflation is higher than actual inflation, it leads to an increase in the nominal interest rate. This can have several implications:
1. Borrowing becomes more expensive: Higher interest rates increase the cost of borrowing, making it more expensive for individuals and businesses to take out loans.
2. Saving becomes more attractive: Higher interest rates incentivize individuals to save more, as they can earn higher returns on their savings.
3. Investment may decrease: Higher borrowing costs may discourage businesses from making investments, as it becomes more expensive to finance projects.
In summary, when expected inflation is higher than actual inflation, it leads to an increase in the nominal interest rate, impacting borrowing costs, savings, and investment decisions.
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Jessica worked on a straight 7% commission. Her friend worked on a salary of $850 plus a 6% commission. In a particular month, they both sold $18,000 worth of merchandise.
Comparing the two earnings, we can see that Jessica earned $1,260 in commission while her friend earned $1,930 in total (commission + salary). Therefore, her friend earned more in that month.
In a particular month, Jessica and her friend sold $18,000 worth of merchandise.
Jessica worked on a straight 7% commission, which means she earned 7% of the total sales. To calculate her commission, multiply the total sales by 7%:
$18,000 * 0.07 = $1,260
Therefore, Jessica earned $1,260 in commission for that month.
On the other hand, her friend worked on a salary of $850 plus a 6% commission. To calculate her commission, multiply the total sales by 6%:
$18,000 * 0.06 = $1,080
In addition to her commission, her friend earned a fixed salary of $850.
To find out who earned more, add the commission to the salary for her friend:
$1,080 + $850 = $1,930
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If there is a decrease in demand (parallel shift of demand to the left), assuming a positively sloped supply curve and a negatively sloped demand curve, total surplus:
In economics, total surplus (TS) is the sum of producer and consumer surplus, representing the net benefits derived from the production and consumption of a commodity.
When there is a decrease in demand, the demand curve shifts to the left, while the supply curve remains constant. This leads to a decrease in both the equilibrium price and quantity. Consequently, consumer surplus (CS) decreases due to the lower price, while producer surplus (PS) increases due to the price increase.
The decrease in demand leads to a reduction in social welfare, as it transfers resources from consumers to producers. This situation exemplifies market failure, where the market equilibrium results in an inefficient allocation of resources.
When demand falls, both the equilibrium price and quantity decrease, resulting in a decrease in total surplus. This occurs because the gain in producer surplus is smaller than the loss in consumer surplus, leading to a net welfare loss.
This market failure arises due to the transfer of resources from consumers to producers, leading to an inefficient allocation of resources. This results in a net welfare loss where the total benefits are reduced.
In summary, a decrease in demand causes a decrease in total surplus due to the smaller gain in producer surplus compared to the loss in consumer surplus. This market failure signifies an inefficient allocation of resources as resources are transferred from consumers to producers, leading to a net welfare loss.
The decrease in TS is a result of the combined loss in CS and the gain in PS, as illustrated in the graph below:
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3.64 Western Refining purchased a model MTVS peristaltic pump for injecting antiscalant at its Nano- filtration water conditioning plant. The cost of pump was $1,200. If the chemical cost is $11 per day, determine the equivalent cost per month at an interest rate of 1% per month. Assume 30 days per month and a 4-year pump life.
The equivalent cost per month at an interest rate 1% per month, is approximately $460.79.
Given:
Cost of the pump: $1,200
Chemical cost per day: $11
Interest rate: 1% per month
Pump life: 4 years
Number of days per month: 30
First, let's calculate the total chemical cost over 4-year pump life:
Total chemical cost = Chemical cost per day * Number of days per month * 12 months * 4 years
Total chemical cost = $11 * 30 * 12 * 4
Total chemical cost = $15,840
Next, let's calculate the total cost, including the initial pump cost and the chemical cost:
Total cost = Cost of the pump + Total chemical cost
Total cost = $1,200 + $15,840
Total cost = $17,040
Now, to find the equivalent cost per month, we need to consider the interest rate. We can use the present value formula:
Equivalent cost per month = Total cost / [(1 - (1 + interest rate)^(-number of months))] / interest rate
Equivalent cost per month = $17,040 / [(1 - (1 + 0.01)^(-12 * 4))] / 0.01
Equivalent cost per month ≈ $460.79
Therefore, the equivalent cost per month for the MTVS peristaltic pump, considering the initial cost, ongoing chemical cost, and 1% interest rate per month, is approximately $460.79.
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at the beginning of the recession of 2007-2009, real gdp in the united states was __ potentional gdp, and in june 2009, real gdp was __ potentional gdp
At the beginning of the recession of 2007-2009, real GDP in the United States was below potential Gross Domestic Product (GDP), indicating a contraction in economic output. The recession, often referred to as the Great Recession, was triggered by the bursting of the housing bubble and the subsequent financial crisis.
During the recession, various factors such as declining consumer spending, reduced business investment, and a significant increase in unemployment contributed to the contraction of real GDP. As businesses scaled back production and individuals faced financial hardships, overall economic activity declined.
In June 2009, which was about two years into the recession, real GDP in the United States was still expected to be below potential GDP. While government stimulus measures and monetary policy interventions aimed to stabilize the economy, the recovery process takes time, and it is unlikely that the economy had fully regained its potential output by that point.
The exact figures for real GDP and potential GDP during the recession would require specific data and analysis from that time period. However, it is widely acknowledged that the recession had a significant negative impact on the US economy, resulting in a sustained period of below-potential GDP growth until the recovery gained traction in subsequent years.
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Kumaran pillay has a vegetable stall at the suva market. his business has been plagued with under-stocking and over-stocking problems for some time now. when he under-stocks, he loses sales as customers move to competing stalls. when he over-stocks, is left with unsold vegetables. these are perishable and cannot be kept long for later sales. pillay is concerned with how he can minimize these losses stemming from under and over-stocking
To minimize the losses stemming from under-stocking and over-stocking at his vegetable stall, Kumaran Pillay can implement several strategies:
1. Analyze sales data: Pillay should carefully analyze his past sales data to identify patterns and trends.
2. Set optimal stock levels: Based on the analysis of sales data, Pillay can determine the optimal stock levels for each vegetable.
3. Forecast demand: Pillay can use forecasting techniques, such as historical sales data and market trends, to predict future demand.
4. Establish relationships with suppliers: Building strong relationships with reliable suppliers is crucial for Pillay.
5. Offer variety and quality: By diversifying his vegetable selection and ensuring high-quality produce, Pillay can attract more customers and reduce the risk of under-stocking.
6. Promote specials and discounts: Pillay can run promotions or offer discounts on vegetables that are nearing their expiry date to encourage customers to purchase them.
7. Monitor inventory regularly: Regularly monitoring his inventory will allow Pillay to identify any over-stocking or under-stocking issues early on.
By implementing these strategies, Kumaran Pillay can minimize the losses associated with under-stocking and over-stocking at his vegetable stall in the Suva market.
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david simon spends the following percentages of his budget or income on the following goods: 23% on good a, 11% on good b, 1% on good c, 3% on good d. ceteris paribus, price elasticity of demand is lowest for which good?
The price elasticity of demand is lowest for Good C.To determine the price elasticity of demand, we need to consider the percentage of the budget or income spent on each good. The lower the percentage, the less responsive the demand is to changes in price.
In this , David Simon spends only 1% of his budget on Good C. This indicates that Good C is a small portion of his overall expenditure. As a result, even if the price of Good C were to change, it would have a minimal impact on David's purchasing decisions.
In contrast, Good A, which accounts for 23% of his budget, is more sensitive to price changes. A small increase or decrease in the price of Good A would significantly affect David's demand for it. Therefore, based on the given information, the price elasticity of demand is lowest for Good C, as it represents the smallest percentage of David Simon's budget.
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what are the 5 things that the haitian government must embrace if they want to have their country become wealthy? article summary: officials have warned of "new levels of desperation" in haiti as multiple crises have been compounded by recent protests, the looting of millions of dollars in humanitarian aid and an ongoing "siege" of a key fuel terminal. speaking to the united nations security council (unsc) on monday, haiti’s envoy, helen la lime warned that "an economic crisis, a gang crisis and a political crisis have converged into a humanitarian catastrophe". the situation has worsened amid widespread looting and protests that followed prime minister ariel henry’s announcement of fuel price hikes on september 11. about 4.9 million haitians were already in a state of humanitarian need ahead of the latest unrest, le lime told the council. "in the last two weeks alone, attacks on wfp (world food programme) have resulted in the loss of some 2,000 tonnes of food aid valued at close to $5m, that would have collectively supported up to 200,000 of the most vulnerable haitians over the next month," she said. lime said the varreux fuel terminal in port au prince has been in a "state of siege" for more than a week, blocked off by criminal gangs who have dug trenches and obstructed roads with fuel containers around the site. she added that fuel shortages have hobbled the country’s ability to function and have forced some hospitals to close. the shortages have also forced the largest industrial park in haiti, caracol, to cease operating, "which could cause the loss of 12,000 jobs," haitian foreign minister jean victor geneus told the council. he said private companies are expected to leave the caribbean nation and it was unclear if schools would be able to open by the already postponed date of october 3. meanwhile, wfp deputy executive director valerie guarnieri said food insecurity was expected to increase in haiti this year, "surpassing the record high of 4.5 million people estimated to face crisis or worse levels of acute food insecurity, including 1.3 million people in emergency". in recent years, frequent natural disasters have wreaked havoc on haiti’s economy, which has struggled since a devastating 2010 earthquake that killed as many as 220,000 people in the country of 11 million. the assassination of president jovenel moise in july of 2021 further cast the country into uncertainty.
By embracing these five things - economic stability, good governance, infrastructure development, education and workforce development, and social development - the Haitian government can lay the foundation for a prosperous and wealthy nation.
To become wealthy, the Haitian government must embrace five key things:
1. Economic Stability: The government should prioritize implementing policies that promote economic stability, such as controlling inflation, attracting foreign investment, and encouraging entrepreneurship. This will create a conducive environment for businesses to thrive and generate wealth.
2. Good Governance: The government must combat corruption and ensure transparency in its operations. By establishing a fair and efficient legal system, enforcing the rule of law, and promoting accountability, they can attract more investors and build trust among the population.
3. Infrastructure Development: Investing in infrastructure is crucial for economic growth. The government should focus on improving transportation networks, building reliable energy systems, and expanding access to clean water and sanitation. These developments will attract investment, create jobs, and enhance productivity.
4. Education and Workforce Development: The government should prioritize investing in education and skills training programs to develop a competent and skilled workforce. By improving access to quality education, vocational training, and lifelong learning opportunities, they can enhance human capital and promote economic growth.
5. Social Development: Addressing social challenges, such as poverty, healthcare, and social inequality, is essential for long-term wealth creation. The government should prioritize social welfare programs, healthcare services, and initiatives that promote inclusivity and reduce income disparities.
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In the b2b space, many buying decisions are made purely on price. This is because when the product is an input to the buyer’s outputs, and is this a production cost, it affects the business’s profit.
In the B2B (business-to-business) space, price often plays a significant role in buying decisions. This is primarily because businesses view the purchase of goods or services as inputs to their own production process, where they aim to optimize their costs and maximize profits.
When a product or service directly affects a business's production costs, it has a direct impact on its profitability.
Businesses operate in competitive markets, where cost efficiency is crucial for maintaining a competitive edge. As a result, they are often driven to seek the best possible price for the inputs they require.
By minimizing costs, businesses can increase their profit margins and potentially offer more competitive pricing to their own customers.
However, it's important to note that price is not the only factor considered in B2B buying decisions. Other factors, such as quality, reliability, delivery time, customer support, and long-term value, also play significant roles. Businesses strive to strike a balance between price and other important considerations to ensure that the purchased inputs meet their quality standards and contribute positively to their overall operations.
While price is a critical factor in B2B buying decisions due to its direct impact on production costs and profitability, businesses also consider a range of other factors to make well-informed purchasing choices that align with their overall goals and strategies.
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The truck had an expected useful life of 200,000 miles over 8 years and a $9,000 salvage value. During Year 2, Friedman drove the truck 29,000 miles. The company uses the units-of-production method. The amount of depreciation expense recognized in Year 2 is
The amount of depreciation expense recognized in Year 2 can be calculated using the units-of-production method. This method allocates the depreciation expense based on the actual usage of the asset.
To calculate the depreciation expense for Year 2, we need to determine the total expected usage of the truck over its useful life.
Given that the expected useful life of the truck is 200,000 miles over 8 years, we can calculate the total expected usage per year by dividing the total expected usage by the total number of years.
Total expected usage per year = 200,000 miles / 8 years = 25,000 miles per year
In Year 2, Friedman drove the truck 29,000 miles. To calculate the depreciation expense for Year 2, we divide the actual usage in Year 2 by the total expected usage per year and multiply it by the depreciable cost of the asset.
Depreciation expense for Year 2 = (Actual usage in Year 2 / Total expected usage per year) * Depreciable cost of the asset
The depreciable cost of the asset is the initial cost minus the salvage value.
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use the informatoin in the accompanying econofact memo to correctly complete the following statements. a. a capital account surplus means that the u.s. . a capital account surplus can be caused by
A capital account surplus means that the U.S. is receiving more capital inflows from foreign sources than it is investing abroad. This indicates a positive balance in the capital account, reflecting an excess of foreign investment in the U.S. compared to U.S. investment in foreign countries.
A capital account surplus can be caused by several factors. Firstly, it can occur when there is a high level of foreign direct investment (FDI) in the U.S. Foreign investors may be attracted to the U.S. due to its stable economy, strong legal framework, or potential for high returns on investment.
Secondly, a capital account surplus can also be driven by foreign portfolio investment. This refers to investments in U.S. financial assets, such as stocks and bonds. If foreign investors have confidence in the U.S. financial markets or if U.S. assets offer attractive returns, they may increase their portfolio investments, leading to a capital account surplus.
Furthermore, capital account surpluses can be influenced by government policies. For example, if the U.S. government implements policies that encourage foreign investment, such as tax incentives or deregulation, it can attract more capital inflows, contributing to a capital account surplus.
In summary, a capital account surplus signifies that the U.S. is receiving more foreign capital inflows than it is investing abroad. Factors such as foreign direct investment, portfolio investment, and government policies can contribute to the occurrence of a capital account surplus.
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A choice made _____ is a choice whether to do a little more or a little less of an activity.
A choice made intentionally is a choice whether to do a little more or a little less of an activity.
1. When we make a choice intentionally, it means we are consciously deciding to do something or not.
2. This choice can involve doing a little more of an activity, where we put in extra effort or go beyond what is expected.
3. On the other hand, it can also involve doing a little less of an activity, where we may choose to scale back or not give it our full effort.
A choice made intentionally refers to a decision that we make consciously, with awareness and purpose. It implies that we are actively selecting a course of action, whether it is to engage in an activity or not. When faced with such a choice, we have the option to do a little more or a little less of the activity in question.
Doing a little more means putting in additional effort, going above and beyond what is expected, or exceeding the minimum requirements. For example, if we have the choice to write a five-page essay, doing a little more might involve writing six or seven pages to add more depth and detail.
Conversely, doing a little less means scaling back or not giving the activity our full effort. In the same essay scenario, doing a little less might entail writing four pages instead of the expected five. The choice to do a little more or a little less allows us to adjust our level of involvement or commitment based on our individual circumstances, preferences, or goals.
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Strategic plans for large-dollar investments at a company are usually referred to as what?
Strategic plans for large-dollar investments at a company are usually referred to as Capital Expenditure (Capex) Plans.
Capital Expenditure (Capex) refers to the funds allocated by a company for acquiring, upgrading, or maintaining long-term assets such as property, equipment, or technology. Capex plans are strategic plans that outline the company's intended investments in these significant assets.
Capex plans involve evaluating and prioritizing potential investment opportunities, estimating costs, assessing risks and returns, and determining the timing and financing options for the investments. These plans are crucial for companies as they involve significant financial commitments and can have a substantial impact on the company's operations and future growth.
Large-dollar investments typically require careful analysis and consideration to ensure they align with the company's strategic goals, financial capabilities, and expected returns. Capex plans involve assessing the potential benefits, such as increased productivity, cost savings, revenue growth, or competitive advantage, against the costs and risks associated with the investments.
Additionally, Capex plans often go through a rigorous approval process, involving various stakeholders such as executives, finance teams, and board members, to ensure alignment with the company's overall strategy and financial objectives.
In conclusion, strategic plans for large-dollar investments at a company are commonly referred to as Capital Expenditure (Capex) plans. These plans guide the company's decisions on significant asset investments, considering factors such as costs, risks, returns, and long-term strategic goals.
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