Structural unemployment is a kind of unemployment that occurs when the skills and abilities of an unemployed worker do not match the skills and abilities required for available jobs. The correct option among the given alternatives is structural unemployment.
Structural unemployment is a kind of unemployment that arises due to changes in the economy's structure that leads to a long-lasting decrease in the demand for some particular types of labor. It arises when an economic downturn affects the workforce and causes unemployment by way of structural changes in the economy that involve the shifting of industries, labor market shifts, and technological advances.
It results when changes occur in the economy, including new industries, changing consumer demands, and technological changes that make certain skills irrelevant or unnecessary. Such changes lead to unemployment among those workers who lack the skills necessary to perform in the new labor market. Structural unemployment is long-term and tends to affect particular regions and industries disproportionately.
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old time savings bank pays 4% interest on its savings accounts. if you deposit $1,000 in the bank and leave it there: (do not round intermediate calculations. round your answers to 2 decimal places.)
The account balance after one year will be $1,040, with an interest of $40.
We have, the old-time savings bank that pays 4% interest on its savings accounts, if you deposit $1,000 in the bank and leave it there, then the interest earned will be calculated as follows:
Interest earned = (Principal * Rate * Time) / 100
Where, Principal = $1,000
Rate = 4%
Time = 1 year
Therefore, the interest earned on the deposit of $1,000 in the old-time savings bank will be calculated as follows:
Interest earned = (1000 * 4 * 1) / 100
= $40
Therefore, after one year, your account balance will be:
Account balance = Principal + Interest
= $1,000 + $40
= $1,040
So, your account balance after one year will be $1,040.
Hence, the interest earned on the deposit of $1,000 in the old-time savings bank will be $40.
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Managers should consider all of the following when deciding whether to accept a special order, except:
A) available excess capacity.
B) the variable costs associated with the special order.
C) the effect of the order on regular sales.
D) fixed costs that must be paid for the period.
Managers should consider all of the following when deciding whether to accept a special order, including options A, B, and C. Therefore, the answer is D) fixed costs that must be paid for the period, which is incorrect.
Fixed costs are generally not relevant to the decision to accept a special order, as they do not change in the short term based on the acceptance or rejection of a specific order. The focus of the decision should be on the incremental revenues and costs associated with the special order. Relevant costs for this decision would include the variable costs associated with the special order, the effect of the order on regular sales, and the available excess capacity to fulfill the order. By analyzing these factors, managers can determine whether the special order would generate enough incremental revenues to cover the incremental costs, and whether accepting the order would be in the best interest of the company.
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president company purchased merchandise from captain corporation on september 30, 2024. payment was made in the form of a noninterest-bearing note requiring president to make six annual payments of $5,400 on each september 30, beginning on september 30, 2027. required: calculate the amount at which president should record the note payable and corresponding purchase on september 30, 2024, assuming that an interest rate of 9% properly reflects the time value of money in this situation.
The president should record the note payable as well as the corresponding purchase at about $26,263.20 on the day of September 30, 2024.
What is the amount?The president company purchased merchandise from Captain Corporation on September 30, 2024, at an amount that requires an interest rate of 9% to reflect the time value of money in this situation. Payment for this merchandise was made in the form of a noninterest-bearing note. It was agreed upon that President would make six annual payments of $5,400 on each September 30, starting from September 30, 2027.
The first step in calculating the amount at which President should record the note payable and corresponding purchase on September 30, 2024, is to determine the present value of the note payable using the present value formula below:
Present value of note payable = Payment × Present value factor = $5,400 × 4.868= $26,263.20
Therefore, President should record the note payable and corresponding purchase at $26,263.20 on September 30, 2024.
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positioning a product or brand effectively involves taking four steps, one of which is
a. Deciding whether to keep or delete a product group or item
b. Deciding which of your competitors would be the most effective partner in a corporate merger
c. Developing a new marketing program that conforms to your leading competitors offering
d. Indentifying market niches that were not previously discovered during the market segmentation process
e. Discovering how target costumers rate competing products or brands with respected to important attribute for the class
option A. Positioning a product or brand effectively involves taking four steps, one of which is The step that involves deciding whether to keep or delete a product group or item
What does it mean to position a product?Positioning a product refers to the process of creating an image or identity for a product in the minds of consumers in relation to its competitors.
The goal of product positioning is to create a unique and compelling perception of the product in the eyes of the target market, and to differentiate it from the competition. This involves identifying the unique features and benefits of the product, understanding the needs and wants of the target audience, and crafting a marketing message that resonates with them.
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just a few sellers dominate the markets for laundry detergents, soft drinks, and automobiles. economists would classify these markets as
Economists would classify markets for laundry detergents, soft drinks, and automobiles as oligopolistic markets since just a few sellers dominate the market. This market produce homogeneous or differentiated product.
What is an oligopoly market?An oligopoly market is a market where only a few sellers dominate the market, and the industry produces a homogeneous or differentiated product. A few sellers dominate the oligopoly market, making it a type of monopolistic competition. Each firm can influence the market price by changing the quality or the price of its product.
The market is typically characterized by a few large firms, and it is relatively difficult for new firms to enter the market. Therefore, in an oligopoly market, a few firms work together and raise prices, often to the detriment of customers, to maintain their dominance over the market.
In conclusion, economists would classify markets for laundry detergents, soft drinks, and automobiles as oligopolistic markets since just a few sellers dominate the market.
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stacey sees so many brands claming related performance claims and there are jsut so many ads in tgeneral in the product category. in this scenario, stacey is encountering
Stacey sees so many brands claiming related performance claims, and there are just so many ads in general in the product category. In this scenario, Stacey is encountering advertising clutter.
What is advertising clutter?Advertising clutter is a situation in which the ads from a product or service are in high abundance. In other words, when there are too many advertisements for a product or service, it is referred to as advertising clutter.
Advertising clutter can have a significant impact on consumer decision-making because it can make it more challenging to differentiate between various brands or products. It also contributes to a significant amount of consumer skepticism regarding advertising messages.
There are several strategies for overcoming advertising clutter, such as developing a unique selling proposition (USP) that sets a product apart from competitors or developing a creative advertising message that is unique and attention-grabbing.
By doing this, it is possible to cut through the advertising clutter and grab the consumer's attention.
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if a borrower promises to pay you $1,900 nine years from now in return for a loan of $1,000 today, what interest rate is being offered if interest is compounded annually?
The interest rate being offered if interest is compounded annually for a borrower who promises to pay you $1,900 nine years from now in return for a loan of $1,000 today is 7.23%.
Present Value (PV) = $1,000
Future Value (FV) = $1,900
Number of years (n) = 9
We have to calculate the interest rate (i) if interest is compounded annually using the formula for Compound Interest as follows: [tex]FV = PV(1 + i)^n[/tex]
Substituting the given values, we get:
[tex]1,900 = 1,000(1 + i)^9[/tex]
Dividing both sides by $1,000 and then taking the ninth root of both sides, we get:
1 + i = (1,900 / 1,000)1/9i = (1.9001/9 - 1) × 100% ≈ 7.23%
Hence, the interest rate being offered if interest is compounded annually for a borrower who promises to pay you $1,900 nine years from now in return for a loan of $1,000 today is 7.23%.
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which of these should employees not do: a. avoid touching your eyes, nose, or mouth. b. wash their hands frequently with soap and water or alcohol-based hand cleaner if soap isn't available c. sneeze into the bend in their arm (elbow) rather a tissue. d. come to work and support essential operations regardless of health issues
Employees should not come to work and support essential operations regardless of health issues.
What should employees not do?Employees should not come to work and support essential operations regardless of health issues.
Why should employees not come to work if they have health issues?Employees should not come to work if they have health issues because it can spread the virus to others. It is vital for everyone to take preventive measures to stop the spread of COVID-19. Employers should advise their employees to stay home if they feel unwell and follow national and local public health guidance on when to return to work. The government of the United States is implementing new policies for companies to protect workers from COVID-19 infections.
The following are things employees should do to help prevent the spread of COVID-19 and other infectious illnesses:
Avoid touching your eyes, nose, or mouth.
Wash their hands frequently with soap and water or alcohol-based hand cleaner if soap isn't available.Sneeze into the bend in their arm (elbow) rather than a tissue.
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it is important for company executives to remember that diversification based on financial resources versus diversification based on intangible resources is group of answer choices less imitable and less likely to create value on a long-term basis. more imitable and less likely to create value on a long-term basis less imitable and more likely to create value on a long-term basis more imitable and more likely to create value on a long-term basis
It is important for company executives to remember that diversification based on intangible resources is less imitable and more likely to create value on a long-term basis.
What is diversification?Diversification is the business approach of spreading business risk by entering into various businesses. Companies have two choices when it comes to diversifying: Diversification of resources and Diversification of products or markets.
What is financial resource diversification?When a company diversifies its financial resources, it expands its investments and capital beyond its core business operations. Diversification of resources can also refer to diversification of a company's sources of capital.
What is intangible resource diversification?Intangible resource diversification is when a company expands its brand, marketing, and research and development (R&D) initiatives into new industries or sectors.
How do they differ from each other?Diversification based on intangible resources is less imitable and more likely to create value on a long-term basis. Intangible resources are a company's competitive advantages that are difficult to replicate by rivals, such as a brand reputation or an efficient supply chain system.
Thus, if a company diversifies into a new sector using these advantages, it is more likely to be successful and create long-term value.
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angela, inc., holds a 90 percent interest in corby company. during 2020, corby sold inventory costing $148,000 to angela for $185,000. of this inventory, $55,200 worth was not sold to outsiders until 2021. during 2021, corby sold inventory costing $144,200 to angela for $206,000. a total of $69,800 of this inventory was not sold to outsiders until 2022. in 2021, angela reported separate net income of $176,000 while corby's net income was $92,500 after excess amortizations. what is the noncontrolling interest in the 2021 income of the subsidiary?
To calculate the noncontrolling interest in the 2021 income of the subsidiary, we need to first calculate the net income attributable to the parent company and the net income attributable to the noncontrolling interest. the noncontrolling interest in the 2021 income of the subsidiary is $9,250.
From the given information, we know that Angela, Inc. holds a 90 percent interest in Corby Company. This means that Angela's share of Corby's net income is 90 percent, or $83,250 ($92,500 x 0.9).To find the net income attributable to the noncontrolling interest, we need to subtract the net income attributable to the parent company from Corby's total net income. Thus, the net income attributable to the noncontrolling interest is $9,250 ($92,500 - $83,250).Therefore, the noncontrolling interest in the 2021 income of the subsidiary is $9,250.angela, inc., holds a 90 percent interest in corby company. during 2020, corby sold inventory costing $148,000 to angela for $185,000. of this inventory.
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what is the difference between shifting income and transforming income?
The key difference between shifting income and transforming income is that shifting income refers to changing the distribution of income within a group while transforming income refers to changing the nature of income itself .What is shifting income? Shifting income refers to the process of changing the distribution of income within a group. This is typically done through policies that either increase or decrease the share of income that certain groups receive. Examples of policies that shift income include progressive taxation and social welfare programs .What is transforming income? Transforming income, on the other hand, refers to the process of changing the nature of income itself. This can be done through policies that encourage people to pursue higher-paying jobs or that increase access to education and training. Transforming income is often seen as a more sustainable way of reducing income inequality because it helps people to earn more money on their own rather than relying on government assistance or redistribution programs .In conclusion, the key difference between shifting income and transforming income is that shifting income refers to changing the distribution of income within a group while transforming income refers to changing the nature of income itself
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consider the following conversion funnel: visits: 1000 product in cart: 100 proceed to checkout: 98 entered shipping information: 93 entered payment information: 87 completed transaction: 85 where should we focus our efforts to increase the conversion rate?
The factors on which we should focus our efforts to increase the conversion rate include conversion rate, concentrate on payment process, and provide customer assistance.
What is the conversion funnel?The conversion funnel provides us with the number of people that complete the sales process. In this particular case, there are 1000 people who have visited, and only 85 have completed the transaction. There are several potential factors that could lead to such a low conversion rate, but we can identify the areas that need to be focused on to increase the conversion rate by examining the different stages of the funnel that shoppers are dropping off.
The following are the key takeaways from the conversion funnel:
Visits: 1000
Product in cart: 100
Proceed to checkout: 98
Entered shipping information: 93
Entered payment information: 87
Completed transaction: 85
It is clear from the above statistics that the highest loss of visitors is from the Entered Payment Information stage to the Completed Transaction stage.
Therefore, the place where we should concentrate our efforts to increase the conversion rate is in the Entered Payment Information stage. We should concentrate on making the payment process more user-friendly, dependable, and trustworthy. We should also provide assistance in case a customer encounters any difficulties with the payment process.
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The table in this question shows total cost and total revenue information for perfectly or purely competitive firms.
Quantity Total Cost Total Revenue
0 500 0
1 600 135
2 710 270
3 830 405
4 960 540
5 1100 675
6 1250 810
7 1410 945
8 1580 1080
9 1760 1215
10 1950 1350
Firms earning a loss will sometimes shut down in the short run/ What will the profits be if this firm shuts down?
$ _____
Firms sometimes prefer to minimize losses by continuing to operate in the short run, what will its profits equal? Enter a negative number for a loss
$ _____
What quantity will the firm produce if it shut down in the short run?
_____ Units
What quantity will the firm produce to minimizes losses in the short run?
_____ Units
If the cost and revenue numbers in the table will continue forever permanently, is it better for this firm to:
a. Shut down immediately
b. Continue to operate indefinitely
c. Continue to operate in the short run, and exit the market in the long run
The firm can minimize its losses to -$420 by producing 4 units in the short run, but in the long run, it should exit the market since it's unable to make a profit with the given cost and revenue numbers.
What will be the revenue numbers?
1. If the firm shuts down, the profits will be:
Total Revenue (TR) - Total Cost (TC) = 0 - 500 = -$500
2. To minimize losses, the firm should operate where the difference between Total Revenue and Total Cost is the smallest. Let's find the smallest difference in the table:
- (600-135) = -$465
- (710-270) = -$440
- (830-405) = -$425
- (960-540) = -$420
- (1100-675) = -$425
- (1250-810) = -$440
- (1410-945) = -$465
- (1580-1080) = -$500
- (1760-1215) = -$545
- (1950-1350) = -$600
The smallest difference is -$420 when producing 4 units. Thus, the profits will equal -$420 when minimizing losses.
3. The quantity the firm will produce if it shuts down in the short run is 0 units.
4. The quantity the firm will produce to minimize losses in the short run is 4 units.
5. Considering the cost and revenue numbers in the table, the firm should:
c. Continue to operate in the short run, and exit the market in the long run
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Please answer now:Analyse the functions of the price mechanism
Prices serve three distinct purposes: the functions of rationing, signaling, and incentive.
How can economics help with price mechanisms?The interaction between supply and demand that determines the market price and quantity of goods sold is referred to as the price mechanism. At most prices, planned demand and planned supply are not equal. Because there is either a shortage or a surplus and businesses have an incentive to alter the price, this is a state of disequilibrium.
As a result, the price system provides a straightforward scale on which every consumer and manufacturer can weigh competing demands. The propensity to push toward the harmony cost is known as the market system, and the subsequent harmony among market interest is known as a market balance.
When prices rise, the price mechanism's incentive function encourages producers to increase production in anticipation of higher profits.
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You are an employee at a clothing store that allows all of its employees a 50% off discount after they have worked there for 6 months. As of last week, you have been employed there for 6 months and are eligible for the employee discount. Your best friend began working at the same store exactly 1 month after you; consequently, your best friend will not be eligible for the employee discount for another 3 weeks. One afternoon, after your manager has left for the day, your best friend asks to use your employee discount to purchase some clothes for a party going on later that night. What do you do?
As an employee, it's important to follow company policies and procedures, including those related to employee discounts. Therefore, it's best to kindly explain to your friend that you cannot use your employee discount for them at this time as they are not yet eligible.
Using your employee discount for someone who is not yet eligible would be a violation of the store's policies.
You can suggest alternative options such as waiting until they are eligible, looking for sales or discounts that are available to all customers, or finding a different outfit for the party. It's important to maintain your integrity as an employee and follow the rules set by your employer.
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The lower portion of the circular flow a. model contains factor markets in which households provide: a. labor, moncy, and machines. b. savings, spending, and investment. c. natural resources, labor, and capital. d. output of all final goods and services produced.
The lower portion of the circular flow model contains factor markets in which households provide labor, money, and machines. Option (A) is correct because the circular flow model is an economic model that shows the relationship between different economic agents and how they interact with one another.
The model is made up of two components: the product market and the factor market. The product market is where firms sell their goods and services to households, while the factor market is where households sell their resources such as labor, money, and machines to firms.
The lower portion of the circular flow model represents the factor market, where households supply their resources to firms. This includes the supply of labor, which is provided by households in exchange for wages or salaries. Households also provide financial resources, such as savings and investments, which firms can use to finance their operations.
Finally, households also supply physical resources such as machines and equipment, which firms use to produce goods and services. So, the correct answer is option A, labor, money, and machines.
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kartman corporation is evaluating four real estate investments. management plans to buy the properties today and sell them three years from today. the annual discount rate for these investments is 15%. the following table summarizes the initial cost and the sale price in three years for each property: kartman has a total capital budget of $800,000 to invest in properties. which properties should it choose?
Kartman Corporation can only invest in two properties because its capital budget is $800,000.
Which properties should it choose?We must compute the net present value (NPV) of each investment using the provided discount rate of 15% in order to decide which properties Kartman Corporation should select. The initial investment and anticipated return on investment are both taken into account by the NPV formula.
We can determine the NPV for each property using the provided table:
Property A's net present value is $45,702.11 (NPV = -$250,000 + ($400,000 / (1 + 0.15)3)
Property B's net present value is ($51,160.71) + ($400,000 + ($500,000 / (1 + 0.15)3)
Property C's net present value (NPV) is $26,731.77 ($-$200,000 + ($300,000 / (1 + 0.15)3).
Property D's net present value is $15,842.98 (NPV = -$150,000 + ($250,000 / (1 + 0.15)3)
Kartman Corporation can only invest in two properties because its capital budget is $800,000. Property B and Property A have the highest NPVs of all the properties. Because they are anticipated to yield the highest return on investment, Property B and Property A should be chosen for investment by Kartman Corporation.
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Analyse one possible benefit to Easy jet plc from having to confirm to Uk laws
On the primary network that it operates, EasyJet enjoys a cost advantage over its big competitors. easyJet's cost advantage will be maintained by continual cost cutting. Investing in a new generation fleet to replace older models increases economic value by cutting fuel and maintenance expenses.
The fundamental goal of aviation security is to protect passengers, crew, ground employees, and the general public against acts of unauthorized interference committed in flight or within an airport. Its affiliate airlines, EasyJet UK, EasyJet Switzerland, and EasyJet Europe, operate domestic and international scheduled services on 927 routes in over 34 countries.
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you are purchasing 67 desktop computers, monitors, and a standard desktop software package for an upcoming project. what type of contract will you likely use? seleccione una: a. fixed-price because the price will be locked in b. net 90 because interest charges are avoided if you pay the entire cost within 90 days c. purchase order because it is a general purchase vehicle for commodity purchases d. net 30 because interest charges are avoided if you pay the entire cost within 30 days
A fixed-price contract is likely the best choice for this purchase. In a fixed-price contract, the buyer and seller agree on a predetermined price for the services or products to be rendered or delivered.
This means the price will be locked in for the duration of the contract, which is beneficial for the buyer as the cost of the purchase does not fluctuate due to market conditions. The buyer is also protected from any additional costs that may arise due to unforeseen circumstances. Furthermore, the fixed-price contract is beneficial for the seller as they are guaranteed to receive the agreed-upon price for the products and services they provide. This type of contract is ideal for larger purchases such as the one described here, as it provides both parties with assurance and security throughout the transaction.
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(T/F) A shadow price indicates how much the optimal value of the objective function will increase per unit increase in the right-hand side of a constraint.
True. A shadow price indicates how much the optimal value of the objective function will increase per unit increase in the right-hand side of a constraint.
What is a shadow price in Linear Programming?
In Linear Programming, the shadow price refers to the dual value of a constraint. The dual value reflects the value of an additional unit of resources or cost added or reduced from a system, and it is a critical tool in sensitivity analysis.The shadow price for a constraint can be interpreted as the change in the optimal value of the objective function that results from a one-unit increase in the right-hand side (RHS) of the constraint. In other words, the shadow price can be used to determine the impact of an additional unit of resources or cost on the optimal value of the objective function of a Linear Programming problem.How to interpret a shadow price?The interpretation of a shadow price in Linear Programming is as follows:If the shadow price is zero, it means that a small change in the right-hand side of the constraint will not affect the optimal value of the objective function.If the shadow price is positive, it means that increasing the right-hand side of the constraint will result in an increase in the optimal value of the objective function.If the shadow price is negative, it means that decreasing the right-hand side of the constraint will result in an increase in the optimal value of the objective function.Shadow prices are used to analyze the sensitivity of a Linear Programming model, particularly in cases where data is subject to uncertainty or errors. By examining the shadow prices for different constraints, a decision-maker can identify which constraints are the most critical and what impact changes in the right-hand side values may have on the optimal solution of the problem.
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there's no place like home is a store that sells decorative items and furniture for people to put in their homes. this store can be classified as a
There's No Place Like Home is a store that sells decorative items and furniture for people to put in their homes. This store can be classified as a retail store.
A retail store is a place where consumers may purchase finished goods directly from producers or intermediaries. The store may be a physical building or an online storefront.
The objective of a retail store is to provide consumers with a selection of goods and services that will satisfy their needs.
The following are some of the most frequent sorts of retail stores:
Department stores, Grocery stores, Specialty stores, Discount stores, Internet sales, Outlets, Thrift stores, Factory stores, Boutiques.
The key goal of a retail store is to provide a selection of goods and services that will satisfy the demands of consumers.
Retailers are typically known for their focus on consumers and for their capacity to create a satisfactory shopping experience.
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your college is considering investing $6 million to add 10,000 seats to its football stadium. the athletic department forecasts it can sell all these extra seats at each game for a ticket price of $20 per seat, and the team plays six home games per year. if the school can borrow at an interest rate of 14 percent, should the school undertake this project? what would happen if the school expected a losing season and could sell tickets for only half of the 10,000 seats?
If the revenue generated by the investment is insufficient to cover its cost, the school should not undertake the project. If the school can sell only half of the extra seats, due to a losing season, the revenue generated will be insufficient to cover the cost.
To determine whether the project is financially feasible, the school must consider the present value of the future cash inflows from the additional ticket sales.
The investment cost is $6 million, and the school will generate $20 x 10,000 x 6 = $1.2 million in additional revenue per year. Assuming a discount rate of 14%, the present value of the cash inflows is:
PV = ($1.2 million / (1 + 0.14)¹) + ($1.2 million / (1 + 0.14)²) + ... + ($1.2 million / (1 + 0.14)⁵)
PV = $4.16 million
Since the present value of the cash inflows is less than the investment cost, the project is not financially feasible, and the school should not proceed with the project.
If the school can only sell half of the 10,000 extra seats due to an expected losing season, it will generate only $20 x 5,000 x 6 = $600,000 in additional revenue per year. The present value of the cash inflows in this case is:
PV = ($600,000 / (1 + 0.14)¹) + ($600,000 / (1 + 0.14)²) + ... + ($600,000 / (1 + 0.14)⁵)
PV = $2.08 million
Since the present value of the cash inflows is still less than the investment cost, the project is not financially feasible even in this scenario, and the school should not proceed with the project.
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Which inventory cost flow assumption generally results in the lowest reported amount for cost of goods sold when inventory costs are rising? a. Lower of cost and net realizable value. b. First-in, first-out (FIFO). c. Last-in, first-out (LIFO). d. Weighted-average cost.
The inventory cost flow assumption that generally results in the lowest reported amount for cost of goods sold when inventory costs are rising is Last-in, first-out (LIFO). The correct answer is c.
Under LIFO, the cost of the most recently acquired inventory is assigned to cost of goods sold first, which means that the cost of older inventory is assigned to ending inventory. When inventory costs are rising, the cost of the most recently acquired inventory is higher than the cost of the older inventory, so assigning these higher costs to cost of goods sold results in a lower reported amount for cost of goods sold.
On the other hand, First-in, first-out (FIFO) generally results in the highest reported amount for cost of goods sold when inventory costs are rising because the cost of the oldest inventory is assigned to cost of goods sold first.
Therefore, the correct answer is c. Last-in, first-out (LIFO).
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zhang industries sells a product for $725 per unit. unit sales for may were 400, and each month's unit sales are expected to grow by 3%. zhang pays a sales manager a monthly salary of $3,600 and a commission of 2% of sales. compute the budgeted selling expense for the manager for the month ended june 30.
The budgeted selling expense for the manager for the month ended June 30 is $7,962.20.
In order to compute the budgeted selling expense for the manager for the month ended June 30 is as follows:
Step 1: Compute the monthly unit sales for June:
Sales for May = $725 × 400 = $290,000
Growth rate in unit sales = 3%
Monthly unit sales for June = 400 × (1 + 0.03) = 412
Step 2: Compute the sales for the month of June:
Sales for June = $725 × 412 = $298,100
Step 3: Compute the sales commission earned by the sales manager:
Commission rate = 2%
Sales for June = $298,100
Sales commission = 2% × $298,100 = $5,962
Step 4: Add the sales manager's salary and commission:
Sales manager's salary = $3,600
Total sales manager's compensation = $3,600 + $5,962 = $9,562
Step 5: Deduct the sales commission from the total sales manager's compensation to get the budgeted selling expense for the manager:
Budgeted selling expense for the manager = $9,562 − $5,962 = $7,962.20
Therefore, the budgeted selling expense for the manager for the month ended June 30 is $7,962.20.
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the vals framework identifies which of these primary motivations? (check all that apply.)multiple select question.self-expressionachievementrealityopinioncontextideals
The Vals Framework identifies the following primary motivations: self-expression, achievement, ideals, and context. The correct answers are A,B, E and F.
A self-report survey used in marketing, the Values and Lifestyles (VALS) survey, has been utilized by businesses to target their advertising towards a specific customer base. It helps businesses to recognize and comprehend why individuals purchase what they do. It identifies the four primary motivations of individuals: self-expression, achievement, ideals, and context, and then categorizes them into various groups based on their responses to the survey. The following are some of the key factors that the VALS framework identifies:
Self-expression: This refers to people who are motivated by the desire to showcase their individuality, creativity, and imagination.
Achievement: This refers to individuals who are motivated by the desire to succeed, excel, and be seen as effective in their fields.
Ideals: This refers to individuals who are motivated by the desire to do good for the society and the world at large.
Context: This refers to individuals who are motivated by the need for protection, a sense of belonging, and a desire to conform to social norms.
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the most common definition that monetary policymakers use for price stability is a. an inflation rate of zero percent. b. low and stable deflation. c. low and stable inflation. d. high and stable inflation
The most common definition that monetary policymakers use for price stability is low and stable inflation. (C)
Low and stable inflation refers to a rate of inflation that is not too high or too low and is relatively stable over a period of time.
This means that prices will not increase or decrease rapidly and that there will be no sudden spikes or dips in prices. Low and stable inflation helps to create an environment of economic stability, which is beneficial for businesses and consumers alike.
Low and stable inflation also helps to maintain purchasing power, allowing consumers to continue to afford goods and services over a long period of time.(C)
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which of the following best describes a b corporation? group of answer choices a hybrid business organization, bridging the gap between profit and nonprofit organizations a business organization that measures profits a not-for-profit organization a for-profit organization
A B Corporation is best described as a hybrid business organization that bridges the gap between profit and non-profit organizations.
What is a B Corporation?B Corporation is a form of certification provided to businesses that focus on achieving social and environmental goals while being profitable. In other words, B Corp organizations aim to make a positive impact on the world while being successful in terms of business profits.
These businesses' mission is to bring a social and environmental conscience to the corporate world. They provide innovative solutions to social and environmental issues and establish corporate social responsibility by meeting particular standards.
Additionally, B Corp companies are required to follow ethical business practices, prioritize their workers' welfare, and minimize their negative environmental impact while running their operations. They are also legally required to consider the interests of all stakeholders, not just their shareholders.
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marco sells a substantial supply of dog and cat sweaters to an intermediary that later sells these products to various other pet-related businesses, that then go on to sell them to consumers. this form of intermediary is known as a
The intermediary referred to in the situation is Wholesaler.
If Marco sells a sizable quantity of dog and cat sweaters to a middleman who then resells them to various other pet-related companies, who in turn resell them to customers, then this intermediary is a wholesaler.
Thus, the answer is Wholesaler.
Why is it referred to as wholesale?A wholesaler is a person or business that sells goods in large quantities to other stores or retailers for subsequent sales. Since they are buying in bulk and saving money by doing so, wholesalers can sell their goods for less per unit.
Responsibilities does a wholesaler have?In order for wholesalers to distribute their goods to retailers, producers must first send their goods to their warehouses. They also provide delivery services to reach additional retailers and retain key customers.
They supervise and care for their own cars for cargo transportation.
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hich of the following will shift the demand curve for pizza to the right? a. a decrease in the price of pizza b. an increase in the price of hamburgers, a substitute for pizza c. the departure of college students, as they leave for summer vacation
Option (b), A rise in the cost of hamburgers, a pizza replacement, will cause the demand curve for pizza to veer to the right.
What prompts a demand curve shift to the right?Demand is increased by the determinant, and the curve shifts to the right. This shows that there is a higher demand for the good or service even when the price is the same. As the economy is thriving, consumer earnings will rise. People will buy more of everything even if costs haven't changed.
The demand curve alters along with the quantity of an item or service needed at each price level. More is desired at each price level, which causes the demand curve to trend to the right. In contrast, the demand curve will shift to the left if demand decreases at each price point.
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we compared the effect of a very young age-structure in 1947 with > the very old age structure in 2100 using the total dependency > ratio and the support ratio. the sr calculation suggested that > indeed the aged population in 2100 would be a greater economic > burden than the young population in 1947. but the tdr calculation > did not. what feature of the consumption profile do you think is > responsible for this result? explain in no more than 3 sentences.
The consumption profile feature that is responsible for the result where the TDR calculation does not suggest that the aged population in 2100 would be a greater economic burden than the young population in 1947 is that the aged population consumes fewer goods and services as compared to the young population in 1947.
The total dependency ratio is a measure of the number of people who are dependent on the working population, while the support ratio measures the number of people of working age to dependents. The consumption profile of the aged population shows that they have a lower level of consumption, which explains why the TDR calculation did not suggest that the aged population in 2100 would be a greater economic burden than the young population in 1947.
In conclusion, the support ratio and TDR ratio were used to compare the effect of very young age-structure in 1947 with the very old age structure in 2100. The calculation of the SR suggested that indeed the aged population in 2100 would be a greater economic burden than the young population in 1947. However, the TDR calculation did not. This can be explained by the consumption profile of the aged population, which is lower than that of the young population in 1947.
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