The goal of teaching 90% of the 4-year old students to tie their shoes is a SMART goal because it is Specific (teaching a specific skill), Measurable (90% of the students), Attainable (assuming it is possible to teach 4-year olds to tie their shoes), Relevant (related to the job of a daycare employee), and Time-bound (assuming there is a specific timeframe for achieving the goal). Therefore, the correct answer is: Yes, smart goals are realistic and attainable.
true or false: without knowing the future, it is not obvious which cost structure is better: a structure with higher fixed costs and lower variable costs or a structure with lower fixed costs and higher variable costs. true false question. true false
True, without knowing the future, it is not obvious which cost structure is better. This is because the choice of structure will depend on the forecasted sales and production volumes, as well as the expected prices and cost of inputs.
For example, if the forecast shows that sales and production volumes will be low, a structure with higher fixed costs and lower variable costs may be preferable. This is because, with a fixed cost structure, the fixed costs are spread out over a larger number of units and therefore the cost per unit is lower.
On the other hand, if the forecast shows that sales and production volumes will be high, then a structure with lower fixed costs and higher variable costs may be preferable, as this would reduce the fixed costs per unit and therefore increase the profit margin. Therefore, without knowing the future, it is impossible to know which cost structure would be best.
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Assume that projected revenue for 2018 is 1,231,414. also assume the following projected 2018 costs in each of the cost categories from question one: packaged (cans & bottles) $122,939 kegs $73,637 shrinkage/wip loss $42,000 contract labor $9,000 direct labor $240,000 inbound freight $18,000 consumer advertising $30,000 trade promotion $30,000 sales promotion $18,000 salaries & benefits $180,000 given these costs, compute shannon's projected contribution margin in dollars.
Shannon's projected contribution margin for 2018 is $486,838.
To compute Shannon's projected contribution margin in dollars, we need to subtract the total projected costs from the projected revenue.
Projected revenue for 2018: $1,231,414
Projected costs:
Packaged (cans & bottles): $122,939
Kegs: $73,637
Shrinkage/WIP loss: $42,000
Contract labor: $9,000
Direct labor: $240,000
Inbound freight: $18,000
Consumer advertising: $30,000
Trade promotion: $30,000
Sales promotion: $18,000
Salaries & benefits: $180,000
Total projected costs = $122,939 + $73,637 + $42,000 + $9,000 + $240,000 + $18,000 + $30,000 + $30,000 + $18,000 + $180,000 = $744,576
Projected contribution margin = Projected revenue - Total projected costs
= $1,231,414 - $744,576
= $486,838
So, Shannon's projected contribution margin for 2018 is $486,838. This represents the amount of revenue that remains after subtracting all the variable and fixed costs associated with producing and selling the product. It is the amount that can be used to cover fixed expenses and contribute towards profit.
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Fill in the blank. a ______________________ should be used to keep records that you need on a regular basis and documents with limited value.
home file
computer
secure folder
safe deposit box
locked drawer
Answer:
A home file should be used to keep records that you need on a regular basis and documents with limited value.
In an agency relationship involving two parties, the agent agrees to represent or act for the principal
T/F
True. In an agency relationship, the agent agrees to act on behalf of and represent the interests of the principal, who grants the agent the authority to act within certain limits.
An agency relationship is a legal arrangement in which one party, the agent, agrees to act on behalf of another party, the principal. The agent is authorized by the principal to make decisions and take actions on their behalf within certain limits. This could include entering into contracts, making financial decisions, or representing the principal in legal proceedings. The agent is bound by a fiduciary duty to act in the best interests of the principal and must not act in a way that could harm the principal's interests. In return, the agent may receive compensation or other benefits from the principal. The agency relationship is a fundamental aspect of business and legal relationships, and it is important that all parties involved understand their rights and responsibilities under the arrangement.
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an example of cross-hedging is: question 5 options: use the forward market to buy forward whatever currencies you will receive. find two currencies that are highly positively correlated; match the payables of the one currency to the receivables of the other currency. b and c use the forward market to sell forward whatever currencies you will receive.
An example of cross-hedging is all of the above. Obtain a forward contract to purchase a currency that is correlated with payables are due, use the forward market to sell and buy currencies you will receive, etc. are examples.
Cross-hedging is a technique used to reduce the risk of a change in the exchange rate of a currency. It involves taking out a forward contract in one currency and using it to offset any potential losses from an existing or expected foreign exchange transaction in another currency.
To further illustrate cross-hedging, two currencies that are highly positively correlated can be used. For example, the Euro and the Swiss Franc are known to be positively correlated. By matching the payables of the Euro to the receivables of the Swiss Franc, you can buy forward the Euro and sell forward the Swiss Franc to hedge against a potential drop in the Euro exchange rate.
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The complete question is:
An example of cross-hedging is:
a) obtain a forward contract to purchase a currency that is highly correlated with the currency in which the payables are due.
b) use the forward market to sell forward whatever currencies you will receive.
c) use the forward market to buy forward whatever currencies you will pay.
d) use the forward market to sell forward whatever currencies you will receive and use the forward market to buy forward whatever currencies you will pay.
at the beginning of the year, snapit had $13,200 of inventory. during the year, snapit purchased $41,400 of merchandise and sold $34,800 of merchandise. a physical count of inventory at year-end shows $14,200 of inventory exists. prepare the entry to record inventory shrinkage.
The entry to record inventory shrinkage when at the beginning of the year,
Snapit had $13,200 of inventory, during the year,
Snapit purchased $41,400 of merchandise and sold $34,800 of merchandise,
And a physical count of inventory at year-end shows $14,200 of inventory exists is as follows:
Inventory shrinkage occurs when merchandise is missing, stolen, or damaged. Inventory shrinkage can be due to various reasons such as employee theft, shoplifting, administrative errors, vendor fraud, or internal errors that affect the accuracy of the inventory records.
At the end of the year, Snapit's inventory decreased from $54,600 ($13,200 + $41,400) to $14,200, resulting in a loss of $40,400 ($54,600 - $14,200).
Inventory shrinkage is recognized by debiting the Cost of Goods Sold account and crediting the Inventory account.
To record inventory shrinkage, the entry is as follows:Date Account Titles Debit Credit Cost of Goods Sold$40,400 Inventory $40,400
Explanation:
Inventory at the beginning of the year = $13,200Inventory purchased during the year = $41,400
Total inventory at the beginning of the year + inventory purchased = $13,200 + $41,400
= $54,600
Inventory sold during the year = $34,800Inventory at the end of the year = $14,200
Inventory shrinkage = $54,600 - $14,200
= $40,400.
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a construction company tests a strategy to reduce costs on a collection of projects. this experiment is part of a long-term business objective. what position would most likely oversee this test across several projects?
In a construction company that tests a strategy to reduce costs on a collection of projects, the position that would most likely oversee this test across several projects is the Project Manager.
In Project Management career, Project Manager is responsible for ensuring that projects are completed on time, within budget, and to the satisfaction of stakeholders. They are also responsible for planning, executing, monitoring, controlling, and closing projects. Project managers are responsible for ensuring that the work is done efficiently and effectively.
They oversee the project team, which may include engineers, architects, construction workers, and other professionals involved in the project.Project managers are also responsible for developing project plans, schedules, budgets, and resources. They develop project plans, schedules, budgets, and resources, identify and manage project risks, and communicate project status.
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operating roa is calculated as , while roe is calculated as . a) ebit/total assets; net profit/total assets b) net profit/total assets; ebit/total assets c) ebit/total assets; net profit/equity d) net profit/ebit; sales/total assets
The correct solution for this question is a) EBIT/Total assets; Net profit/Total assets.
what is an asset?
An asset is a resource that is owned or controlled by an individual, company, or organization that has an economic value and can be used to generate future benefits.
Examples of assets include cash, investments, property, inventory, and equipment. Assets are recorded on a company's balance sheet and are typically categorized as current or non-current assets, depending on their expected time to be converted into cash or used up.
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if real gdp per capita in the united states is $10,000, what will real gdp per capita in the united states be after five years if real gdp per capita grows at an annual rate of 2.9%?
If real GDP per capita in the United States grows at an annual rate of 2.9%, after five years, the real GDP per capita will be approximately $11,550.
To calculate the real GDP per capita in the United States after five years, we will use the formula for compound interest:
Future Value = Present Value * [tex](1 + growth rate)^{number of years}[/tex]
In this case, the present value is the current real GDP per capita ($10,000), the growth rate is 2.9% (0.029), and the number of years is 5.
Future Value = $10,000 * [tex](1 + 0.029)^{5}[/tex]
Now, we'll calculate the future value:
[tex](1.029)^{5}[/tex] = 1.155
$10,000 * 1.155 = $11,550
So, if real GDP per capita in the United States grows at an annual rate of 2.9%, after five years, the real GDP per capita will be approximately $11,550. This calculation assumes a constant growth rate and doesn't take into account potential fluctuations in the economy or other external factors that could influence GDP growth. However, it provides a useful estimate of the potential growth in real GDP per capita over the specified period.
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what term is used to describe the experimental prototype products many entrepreneurs build from scratch with bare-bones features and basic functionality that aims to appeal to early adopters?
Most Valuable Player: an honorific or award that was first given to a player in a team sport for performance that changed the outcome of the game. It is now also given outside of sports to honour an individual's outstanding contributions to a team effort.
What is the MVP, or minimum viable product?The term "minimum viable product," or "MVP," refers to a product with just enough features to draw in early adopters and validate a product concept. In sectors like software, the MVP can assist the product team in gathering customer input as soon as possible so that they can iterate and enhance the product.
How many features must be present?A customer development strategy known as the minimum feature set (or "minimum viable product") aims to cut down on engineering waste and get product into the hands of early adopters.
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assume that there are substantial capital flows among canada, the united states, and japan. if interest rates in canada decline to a level below the u.s. interest rate, and inflationary expectations remain unchanged, how could this affect the value of the canadian dollar against the u.s. dollar?if interest rates in canada decline, there may be
If Canadian interest rates fall below US rates, money may leave the country, decreasing the demand for Canadian dollars and perhaps leading to a reduction in the value of the Canadian currency relative to the US dollar.
What consequences might a drop in Canadian interest rates have?Reason: Foreign investments in Canada will decline if Canadian interest rates go down. The demand for Canadian dollars will decline as a result. The Canadian dollar will lose value in relation to other currencies as demand for dollars declines.
What will happen to Canadian interest rates?After eight straight interest rate rises, the Bank of Canada stated on Wednesday that it will maintain its benchmark overnight rate at 4.5%. According to analysts, the pause might stretch until 2023 while the bank monitors the economy.
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what does research indicate about the practice of satisficing? a. it is used more often by experts than novices. b. it is generally effective in making good decisions. c. it takes less time but leads to higher costs. d. none of the above.
According to the provided choices of alternatives, it may be said that the research indicates about the practice of satisfying that it is generally effective in good decision-making. Therefore, the option B holds true.
The research and decision-making are the two-most indispensable and inter-linked factors. Many times, it is also experienced by the researchers that the decision-making is a prerequisite to conducting and undergoing any research project, thereby making it an important procedure in making good decisions at the end of it.
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companies often consider outsourcing so they can focus on their core competencies. true/false
The given statement in the given question about core competencies is True.
Outsourcing is a business practice where a company hires a third-party to perform specific tasks or services that would otherwise be done in-house. Outsourcing allows companies to focus on their core competencies, which are the key areas of the business where they have a competitive advantage or expertise. By outsourcing non-core activities, companies can free up resources such as time, money, and personnel to focus on developing and improving their core competencies. Additionally, outsourcing can provide cost savings, access to specialized expertise, and improved quality of work. However, outsourcing also comes with potential risks, such as loss of control over the outsourced function, language and cultural barriers, and possible impacts on employee morale.
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ssume that you make an investment of $100,000 in 2015 that has a value of $122,504 3 years later in 2018. what is the compound annual growth rate (cagr) of your investment?
The CAGR (Compound Annual Growth Rate) of an investment of $100,000 in 2015 that has a value of $122,504 three years later in 2018 is 7.14%.
Compound Annual Growth Rate (CAGR) is a measure of the growth of an investment over time. It is a measure of the return on an investment over time, taking into account the effect of compounding. CAGR is calculated by taking the nth root of the total growth factor of an investment over n years and then subtracting 1.
In order to calculate the CAGR of an investment of $100,000 in 2015 that has a value of $122,504 three years later in 2018, we can use the following formula:
CAGR = (FV / PV) ^ (1/n) - 1
Where,FV = Future value of the investment, PV = Present value of the investmentn = Number of years between the investment and the current date.
Therefore, the CAGR of the investment can be calculated as follows:
CAGR = ($122,504 / $100,000) ^ (1/3) - 1= 0.0714 or 7.14%
Therefore, the compound annual growth rate (CAGR) of the investment is 7.14%.
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Aggregate expenditure includes all of the following, except:O Consumption spendingO Net ExportsO Government spendingO Aggregate demand
Aggregate demand is the correct response. - Aggregate expenditure encompasses all of the Aggregate demand
Aggregate expenditure is the total amount of spending in an economy on goods and services within a certain period. It is computed by summing the four parts of GDP: net exports, government expenditure, investment spending, and consumption spending (NX).
Consequently, alternatives A, B, and C are all included in aggregate expenditure, but option D, which is aggregate demand, is not a component of aggregate expenditure. The total demand for products and services in an economy at a particular price level is referred to as aggregate demand.
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build a one-variable data table to show the sensitivity of npv to changes in the value of wacc. what does this tell you?
To build a one-variable data table to show the sensitivity of NPV to changes in the value of WACC, we can follow the below steps: Enter the given input values of WACC and initial investment, NPV formula.
Set up a one-variable data table in a new worksheet in the following way:
a. Copy the value of the initial investment to the first column.
b. Copy the WACC input values to the first row.
c. Enter the NPV formula in the table cells.
The table will show the sensitivity of NPV to changes in the value of WACC. We can observe how different values of WACC impact the NPV of the investment. This information is useful to make investment decisions that involve calculating NPV. To learn how to build a one-variable data table to show the sensitivity of NPV to changes in the value of WACC, we can refer to the following steps:
Enter the values for the variables WACC and initial investment, and the NPV formula into a blank worksheet. Create a one-variable data table in a new worksheet that lists different values for the WACC variable in one column. In the second column of the data table, copy the formula cell by clicking on it and dragging it down the entire length of the data table. Alternatively, we can also use the cell reference feature to link the data table to the NPV formula. Set the data table so that it automatically recalculates whenever the value of WACC changes. We can do this by using the "What-If Analysis" tool under the "Data" tab on the ribbon.
Net present value (NPV) is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. NPV is used to evaluate the profitability of an investment or project. If the NPV is positive, then the investment is profitable, whereas if the NPV is negative, the investment is not profitable.
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a demand curve which is parallel to the horizontal axis is: group of answer choices perfectly inelastic. relatively inelastic. perfectly elastic. relatively elastic.
A demand curve that is parallel to the horizontal axis is: C. perfectly elastic.
A perfectly elastic demand curve is a situation where even a tiny change in price leads to an infinitely large change in the quantity demanded. This means that consumers are extremely sensitive to price changes, and any increase in price will cause the quantity demanded to fall to zero, while any decrease in price will cause the quantity demanded to become infinite.
In a perfectly elastic demand curve, the elasticity of demand is equal to infinity. This is a rare and extreme case, as most products have some level of price sensitivity where consumers will still buy a product even if the price changes. However, it is a useful concept to understand because it represents one end of the spectrum of possible demand curve shapes.
In contrast, a perfectly inelastic demand curve is a vertical line, indicating that quantity demanded remains constant regardless of price changes. Relatively inelastic demand occurs when the percentage change in quantity demanded is smaller than the percentage change in price, while relatively elastic demand occurs when the percentage change in quantity demanded is larger than the percentage change in price.
In summary, a demand curve parallel to the horizontal axis represents a perfectly elastic situation, where consumers are extremely sensitive to price changes and will significantly alter their quantity demanded in response to even the smallest price changes. Therefore, the correct option is C.
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you would like to buy shares of sirius satellite radio (siri). the current ask and bid quotes are $4.42 and $4.39, respectively. you place a market buy order for 650 shares that executes at these quoted prices. how much money did it cost to buy these shares?
It would have cost $2,867 to purchase 650 shares of SIRI at the quoted market prices of $4.42 per share.
Based on the given information, the market buy order for 650 shares of Sirius Satellite Radio (SIRI) was executed at the ask price of $4.42, since the buyer is willing to pay the market price to acquire the shares. Therefore, the cost of buying these shares would be:
Cost = Number of shares x Market price
Cost = 650 x $4.42
Cost = $2,867
In other words, It's important to note that the actual cost may vary slightly depending on any applicable fees or commissions charged by the broker.
Market orders are executed at the prevailing market prices, which can be beneficial for traders who want to enter or exit a position quickly.
However, they may not always result in the exact price that the trader wants due to market fluctuations and liquidity. It's important to consider the risks and benefits of different types of orders before placing a trade.
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which of the following is not a category of program revenue reported on the statement of activities at the government-wide level? group of answer choices capital grants and contributions. operating grants and contributions. charges for services. general program revenues.
On the statement of activities at the federal level, the category "capital grants and contributions" is not one of the programme revenue categories.
The funding for the purchase or construction of long-term assets, such as buildings, land, or equipment, comes from outside sources, such as public or private organisations, as well as people. The receiving government may be required to match a portion of the grant amount, and these monies are often restricted to particular capital projects or programmes. For governments that might not have the resources to carry out such initiatives on their own, capital grants and contributions can offer significant financial help for infrastructure development or other capital projects. The reporting of these money, which is normally included in the government's financial accounts, is crucial for financial responsibility and transparency.
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An engineer invests $5800 at the end of every year for a 35-year career. If the engineer wants $1 million in savings at retirement, what interest rate must the investment return?
The engineer must invest in a financial instrument that yields an annual interest rate of approximately 8.25% in order to achieve $1 million in savings after investing $5,800 at the end of each year for a 35-year career.
To determine the interest rate required for the engineer to reach $1 million in savings after investing $5,800 at the end of every year for a 35-year career, we will use the future value of an annuity formula:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = future value of the annuity ($1,000,000)
P = annual investment amount ($5,800)
r = annual interest rate (unknown)
n = number of years (35)
Hence,
1,000,000 = 5,800 * [(1 + r)^35 - 1] / r
To solve for the interest rate (r), we can follow these steps:
1. Divide both sides of the equation by 5,800:
172.41379 = [(1 + r)^35 - 1] / r
2. Multiply both sides by r:
172.41379 * r = (1 + r)^35 - 1
3. Add 1 to both sides:
172.41379 * r + 1 = (1 + r)^35
4. Now, use trial and error or a financial calculator to find the value of r that satisfies the equation. You can start with an initial guess of r and adjust it until the equation balances. After solving, you'll find that the interest rate required is approximately 8.25% (rounded to two decimal places).
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An investment had a nominal return of 9.9 percent last year of the real return on the investment was only 74 percent, what was the inflation rate for the year? 2.27% 18.03% 2.50 10159 2.331
For the entire year, the inflation rate was roughly 2.33%. Despite the reality that high inflation is often thought to be a bad thing, some economists claim that a small bit of inflation may actually promote economic growth.
By inflation rate, what do you mean?Inflation is the opposite of deflation, a situation when prices typically decline. The Federal Reserve uses the CPI, or Consumer Price Index, to keep inflation at 2%.
As a result, the overall inflation rate increases. Inflation is the continuous rise in overall price levels. Moderate inflation is associated with economic growth, however excessive inflation might be a sign of an overheated economy.
1 plus nominal return equals 1 plus real return plus inflation rate.
Let's look at the nominal return, which was 9.9%, and the true return, which was 7.4%.
1. Decimalizing percentages is the first step.
Return Nominal = 0.099
0.074 is the real return.
2. is to enter the values into the Fisher equation
(1 + 0.099) = (1 + 0.074) * (1 + Inflation Rate).
3. Calculate the inflation rate by using the formula
1.099 = 1.074 * (1 + inflation rate).
inflation rate = (1.099 / 1.074) - 1
Inflation Rate = 0.0233
Inflation Rate 0.0233
4. Revert the decimal to a percentage in step four.
2.33% is the inflation rate
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Complete question: An investment had a nominal return of 9.9 percent last year of the real return on the investment was only 7.4 percent, what was the inflation rate for the year?
2.27%
18.03%
2.50%
10.159%
2.331 %
Which of the following is not the characteristic of exchange traded funds (ETFs). A) They are formed when a basket of securities is purchased. B) They are formed when a stock is created based on a basket of securities. C) They are traded on an exchange, just like a stock. D) They often track an underlying index or an industry or a strategy. E) They represent a specified number of shares in a foreign company's stock.
E) They represent a specified number of shares in a foreign company's stock.
Exchange-traded funds (ETFs) are investment vehicles that provide investors with the ability to invest in a diversified portfolio of securities while trading them throughout the day on an exchange. Unlike mutual funds, ETFs are traded like stocks and can be bought and sold at any time during market hours. ETFs are usually formed by purchasing a basket of securities or by creating a new stock based on a basket of securities that follows a specific index, industry or strategy. This enables investors to gain exposure to a particular market or sector without having to buy individual stocks. ETFs have gained popularity among investors due to their low costs, tax efficiency, and transparency, making them an attractive option for those seeking to diversify their portfolio.
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which of the following are challenges potentially presented by alliances or joint ventures? (a) partners may have different goals and priorities. (b) one partner may absorb all the knowhow of the other and subsequently become a competitor. (c) they tend to break down when one of the partners attempts to expand into an emerging market.
lliances and joint ventures can present challenges such as partners having different goals and priorities, one partner absorbing all the knowhow of the other and subsequently becoming a competitor, and breakdowns when one partner attempts to expand into an emerging market. (A,B,C)
When two or more parties come together to form an alliance or joint venture, they each bring their own goals and objectives. As a result, they may have different expectations and priorities which can lead to misunderstandings and disagreements.
One partner may absorb all the knowledge and skills of the other, making the latter become a competitor. This can lead to disputes and animosity.
Additionally, alliances and joint ventures can be difficult to maintain if one of the partners attempts to expand into an emerging market. The different business strategies and approaches can make it hard for the partnership to succeed. (A,B,C)
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in the context of the single-period inventory model, the cost per item of overestimating demand is known as .
In the context of the single-period inventory model, the cost per item of overestimating demand is known as the overage cost.
The overage cost represents the cost of carrying unsold inventory at the end of the period, which includes the cost of storing, handling, and disposing of the excess inventory. The overage cost is incurred when too much inventory is ordered and demand turns out to be lower than expected, resulting in unsold inventory.
On the other hand, the cost per item of underestimating demand is known as the underage cost. The underage cost represents the cost of lost sales and customer goodwill when demand exceeds the available inventory, resulting in stockouts.
Hence the cost per item of overestimating demand is known as overage cost.
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based on the cobweb theory, on what price did chicken processors base their production decision in 2013? b. what price were consumers willing to pay for the quantity produced by chicken processors? c. what factors will determine the equilibrium price for chicken over time? d. given your answer to part c, what factors could change this equilibrium price
The cobweb theory suggests that producer expectations play an important role in determining market prices. According to the theory, chicken processors based their production decision in 2013 on the current market price at that time. They expected the price of chicken to remain stable, and therefore, they decided to continue producing at the same level.
Based on the cobweb theory, consumers were willing to pay the market price for the quantity produced by chicken processors in 2013. If the price of chicken had been too high, there would have been a decrease in demand, leading to lower prices. If the price had been too low, demand would have increased, leading to higher prices.
The market price was therefore determined by the forces of supply and demand, which eventually reached equilibrium. Determining the equilibrium price for chicken over time depends on several factors. These include changes in consumer preferences, production costs, technology advancements, government regulations, and weather patterns.
As these factors change over time, the supply and demand for chicken will also shift, leading to changes in the equilibrium price. Given the answer to part c, several factors could change the equilibrium price for chicken over time. For example, if there was an increase in the cost of production, chicken processors may be forced to increase their prices, leading to a decrease in demand.
On the other hand, if there was an increase in consumer preferences for chicken, demand would increase, leading to higher prices. Weather patterns could also play a role, as droughts or floods could affect the supply of chicken and therefore the equilibrium price.
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which of the following statements is true of a fixed-period system (fps)? question 55 options: it orders a fixed quantity of items when the inventory position reaches or drops below the reorder point (r). it orders sufficient stock at the time of review to bring the inventory position up to the replenishment level (m). it maintains a constant order quantity every review period. it checks the inventory position on a continuous basis.
Option A - It orders a fixed quantity of items when the inventory position reaches or drops below the reorder point (R) is true of a fixed-period system (FPS).
Explanation:
A fixed-period system (FPS) is a system where inventory orders are placed at fixed intervals of time, known as the order cycle or review period. It maintains an inventory position between an upper limit (M) and a lower limit (R) by ordering a fixed quantity of items at the end of each review period if the inventory position drops below the reorder point (R).
A fixed-period system (FPS) orders a fixed quantity of items when the inventory position reaches or drops below the reorder point (R), which is one of the essential features of this system.
Option A is the correct statement about a fixed-period system (FPS).Option B is incorrect because a fixed-period system (FPS) does not order sufficient stock at the time of review to bring the inventory position up to the replenishment level (M).
It orders a fixed quantity of items at the end of the review period to keep the inventory position between the upper and lower limits.Option C is incorrect because it does not maintain a constant order quantity every review period. Instead, it orders a fixed quantity of items when the inventory position drops below the reorder point (R).
Option D is incorrect because it does not check the inventory position on a continuous basis. It orders a fixed quantity of items at the end of each review period, even if the inventory position does not require replenishment at that time.
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allocations of overhead should not affect a project's incremental cash flows unless the: group of answer choices project actually changes the amount of overhead expenses overhead will not be recovered at the end of the project overhead is not currently fully allocated to existing projects accountant is required to allocate costs to this project
Unless they genuinely change the total amount of overhead expenses, allocations of overheads shouldn't have an impact on a project's incremental cash flows.
What doesn't the incremental cash flow consist of?The Cash receipts or debts from other areas of your organization is not included in the incremental cash flow. It solely contains the money earned and used for that particular project. Additionally, it excludes cannibalization, opportunity costs, and sunk costs.
What standards govern incremental cash flow?When examining incremental cash flows, a number of factors must be taken into account, including the original investment, cash flows from accepting the project, the project's final cost or value, and the project's scope and timeline.
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the coase theorem suggests that __________ solve the problem of externalities in the absence of transaction costs.
The Coase Theorem suggests that property rights can solve the problem of externalities in the absence of transaction costs.
In brief, the theorem states that if property rights are well-defined and transaction costs are low, then the parties involved can negotiate a mutually beneficial solution to the problem of externalities. In other words, if there are no transaction costs, then the parties involved can bargain to an efficient solution.
The Coase Theorem provides an important insight into how to deal with externalities. It suggests that if property rights are well-defined and transaction costs are low, then the parties involved can negotiate an efficient solution. This means that both parties can benefit from the externalities, rather than one party bearing the costs and the other receiving the benefits. This solution is more efficient than government intervention, as the government must often impose regulations or taxes that are not necessarily beneficial to all parties.
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an approach that is unlikely to help a company's low-cost provider strategy succeed is multiple choice possessing resources and capabilities to keep costs below those of its competitors. pursuing cost-effective management of value chain activities better than rivals. deploying effective leveraging of cost drivers. having the innovative capability to bypass certain value chain activities being performed by rivals. evolving the capabilities to simultaneously deliver lower-cost and higher-quality/differentiated features.
The approach that is unlikely to help a company's low-cost provider strategy succeed is having the innovative capability to bypass certain value chain activities being performed by rivals.
While possessing resources and capabilities to keep costs below those of its competitors, pursuing cost-effective management of value chain activities better than rivals, deploying effective leveraging of cost drivers, and evolving the capabilities to simultaneously deliver lower-cost and
higher-quality/differentiated features are all effective strategies for a company's low-cost provider strategy, having the innovative capability to bypass certain value chain activities being performed by rivals is not.
The low-cost provider strategy is a plan that businesses use to provide goods and services at a lower cost than their competitors. This allows companies to sell their goods and services for less than their competitors while still earning a profit.
While having the innovative capability to bypass certain value chain activities being performed by rivals may seem like a viable strategy for reducing costs, it is unlikely to be successful in the long run.
This is because value chain activities are interconnected, and bypassing certain activities can have unintended consequences that may ultimately lead to higher costs.
As a result, companies that rely on this approach are likely to be less successful than those that use other, more comprehensive approaches to cost reduction.
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generally, the liability of the principal will depend on whether the agent was authorized to form a contract.T/F
True. The liability of the principal will typically depend on whether the agent had the authorization to form a contract on behalf of the principal.
An agent is a person who has the legal right to act on behalf of the principal according to agency law. Whether the agent had the power to enter into a contract on the main's behalf will usually determine whether the principal is liable for the agent's activities. The principal is often accountable for the agent's activities if the agent had genuine authority—which can be expressed or implied—to make the contract. If the agent had apparent power or if the principal approved of the agent's acts, even though the agent did not have real authority, the principal might still be held accountable. Simply said, the liability of the principal in agency law is largely determined by the authority granted to the agent to act on their behalf.
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