Credit union profits are distributed to members in the form of decreased fees, greater savings rates, and lower lending rates.
What do you mean by profits?
Profit is the money left over after paying for company expenditures. Profit is classified into three categories: gross profit, operational profit, and net profit. The gross profit is the greatest. It displays how much money was left over after paying for the products and services offered. The profit margin ratio, like profits, illustrates how much you receive after deducting your expenditures. The distinction between profit and profit margin is that profit margin is calculated as a ratio or percentage. Profits, on the other hand, are just money quantities.
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An opportunity cost to a dairy Farmer
An opportunity cost to a dairy Farmer will be the possible alternative uses of the Dairy farm.
What is a opportunity cost?The potential benefits that an individual, investor, or business foregoes when choosing one alternative over another are referred to as opportunity costs. The difference between the expected returns of each option is the formula for calculating an opportunity cost.
Because opportunity costs are by definition invisible, they are easily overlooked. Understanding the potential missed opportunities when a company or individual chooses one investment over another allows for more informed decisions.
Therefore, all other alternative uses of the dairy farm will be the opportunity cost for the Dairy Farmer.
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Free markets generally result in equilibrium prices at the intersection of supply and demand. This is sometimes interrupted by the government. In these cases, the government passes a law or regulation fixing the "price" above or below what would otherwise be the equilibrium price. 1) Imagine that the government mandated that the highest price that can be charged for a movie ticket is $25. Would that be a price floor or ceiling at today's prices? What impact would it have? Why? 2) Next, provide one real life example of a government imposed price floor or ceiling. How does it work? Do you think the policy is a good one or a poor one?
Answer:
A maximum price of $25 for a movie ticket would be a price ceiling because it is below the equilibrium price that would be determined by supply and demand. This would result in excess demand or a shortage of movie tickets. Some potential impacts of this price ceiling could be: (a) longer lines for tickets, (b) increased pressure on movie theaters to allocate tickets fairly, (c) a reduction in the quality or quantity of movies produced due to the lower revenue for studios, and (d) the emergence of a black market for movie tickets sold above the price ceiling.
One real-life example of a government-imposed price floor is the minimum wage. In the United States, the federal minimum wage is currently set at $7.25 per hour. This means that employers must pay their workers at least $7.25 per hour worked. The purpose of this policy is to protect workers from being paid excessively low wages by their employers. Supporters argue that it helps to reduce poverty and inequality, while opponents argue that it leads to reduced employment opportunities, particularly for low-skilled workers, as businesses may not be able to afford the higher wages.
Explanation:
2. Choose a real or made up example of a company, and describe at least three fixed costs the company has.
Answer:
Let's consider the example of a manufacturing company that produces custom-made furniture.
Three fixed costs for this company could be:
Rent: The company has a factory where it manufactures the furniture. It needs to pay rent for the factory space, which is a fixed cost as it does not change based on the number of furniture pieces produced.
Salaries: The company employs workers who manufacture the furniture, and it needs to pay them a fixed salary each month. This is a fixed cost as the company needs to pay the same amount each month, regardless of the number of furniture pieces produced.
Insurance: The company needs to insure its factory, equipment, and workers against any damages or accidents. The insurance premium is a fixed cost as it remains the same regardless of the number of furniture pieces produced.
Explanation:
If you start making $100 monthly contributions today and continue them for five years, what’s their future value if the compounding rate is 11.25 percent APR? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
The future value of the contributions after 5 years is $172.67.
To calculate the future value of the contributions, we can use the formula for compound interest:
FV = P(1+r/n)^(nt)
where FV is the future value, P is the initial amount or principal, r is the annual interest rate expressed as a decimal, n is the number of times interest is compounded per year, and t is the number of years.
In this case, P = $100, r = 0.1125 (11.25% APR), n = 12 (monthly compounding), and t = 5.
So,
FV = $100(1 + 0.1125/12)^(12*5)
= $100(1.009375)^60
= $100(1.7267)
= $172.67
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What are the results when a marketing plan is effective?
How successfully a company's marketing methods enhance revenue while lowering customer acquisition costs is how effective its marketing is.
Why is marketing effective, in your opinion?Marketing effectiveness measures how successfully a particular marketer achieves the objective of optimizing their spending to produce favorable effects in both the immediate and long-term. It also has anything to do with return on investment in marketing. The advantages of advertising for your company is that it engages consumers and helps them decide whether to purchase your goods or services. A marketing strategy, which is a component of your business plan, also aids in establishing and sustaining demand, relevance, image, competition, etc.
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Difference between nominal wage and real wages
Answer:
Nominal wages refer to the amount of money that an employee earns in terms of current dollars or the dollar amount stated in a contract. It is the wage rate that is paid to an employee without adjusting for the changes in the purchasing power of money over time.
Real wages, on the other hand, are nominal wages adjusted for inflation. Real wages are the purchasing power of the nominal wages or the actual amount of goods and services that an employee can buy with his or her wages. Real wages reflect the changes in the cost of living over time and provide a more accurate picture of an employee's standard of living.
Explanation:
Risk Assessment Planning Discussion
Answer:
i cant see the question!
Mrs. Vick, a 40-year-old cash basis taxpayer, earned $45,000 as a teacher and $5,000 as a part-time, self-employed real estate agent in Year 5. Mr. Vick, who died on July 1, Year 5, had been permanently disabled on his job and collected state disability benefits until his death. For all of Year 5 the Vicks' residence was the principal home of both their 11-year-old daughter, Joan Vick, and Mrs. Vick's unmarried cousin, Fran Phillips, who had no income in that year. During Year 5, Joan received $200 a month in survivor Social Security benefits that began on August 1, Year 5, and will continue at least until her 18th birthday. In Year 5, Mrs. Vick provided over one-half of the support for Joan and Fran, both of whom were U.S. citizens. Mrs. Vick did not remarry. Mr. and Mrs. Vick received the following in Year 5:
Earned income $50,000
State disability benefits (workmen's comp) 1,500
Interest on:
Refund from amended tax return 50
Savings account and certificates of deposit 350
Municipal bonds 100
Gift 3,000
Pension benefits 2,000
Jury duty pay 200
Gambling winnings 450
Life insurance proceeds 5,000
Additional Information
Mrs. Vick received the $3,000 cash gift from her uncle.
Mrs. Vick received the pension distributions from a qualified pension plan, paid for exclusively by her husband's employer.
Mrs. Vick had $100 in gambling losses.
Mrs. Vick was the beneficiary of the life insurance policy on her husband's life. She received a lump-sum distribution. The Vicks had paid $500 in premiums.
Mrs. Vick received Mr. Vick's accrued vacation pay of $500 in Year 6.
Mrs. Vick did not itemize deductions on her Form 1040 for Year 4.
Mrs. Vick does not intend to itemize deductions on her Form 1040 for Year 5.
Mrs. Vick had a total of $6,125 in federal tax withheld in Year 5.
The Vicks did not qualify for a federal or state tax refund in Year 4.
Determine the amount of income that needs to be reported for each of the following income sources.
What is the taxable amount of Mr. Vick's state disability benefits that should be included in adjusted gross income (AGI)?
What is the taxable amount of the gift that should be included in AGI?
What is the taxable amount of the life insurance proceeds that should be included in AGI?
a. Mr. Vick has died in the year 2. Hence, for the year 2, Mrs. Vick should use the filing status as “Qualifying Widow”, as the following criteria are fulfilled;
The Criteria requiredShe has not remarried.
She has a child who is living with her and paid more than half of the living expenses.
b. Mrs. Vick can use the filing status for year 3 as “Head of the house hold”, as she has fulfilled the following criteria;
She remains as unmarried for the year.
She has paid more than half of the year’s maintenance costs for the qualifying person (her relative), and the person is living in the same home.
The exemption that can be availed by Mr. Vick: (for year 2):
Mr. Vick was disabled and receiving disability benefits. Hence, he can claim EITC (disability and Earned income tax credit)
Computation:
Half of the income from Social Security Disability payments.
Salary earned. All interest on savings accounts or similar savings vehicles, including tax sheltered or tax deferred interest.
All other normally taxable income.
After adding all sources of income together, as the amount is above limit of $25000, it is taxable.
2. Qualifying children exemption.
d) Exemption that can be availed by Mr. Vick: (for year 3):
Qualifying relative exemption (as the relative cousin is living with her and the maintenance expense is taken care of by him.)
Qualifying children exemption (till the age of 18 years of her child, she can claim this exemption as maintenance expenses are taken care by her)
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Drag the tiles to the boxes to form correct pairs.
Samantha, a marketing professional integrates her work with other departments daily. Relate the dependence of marketing on other core functions.
Human Resource
recruits qualified marketing professionals
Information Technology
supports campaigns with broadcast emails
and server access
Finance
sets up concert events according to
market expectations
Production
allocates budget for promotional exhibition
arrowBoth
arrowBoth
arrowBoth
arrowBoth
Human Resource: Provides qualified marketing professionals who can effectively implement the marketing strategies.
What is implement ?Implement is a verb that means to put a plan, idea, or system into effect. It is used to refer to the execution of a plan or policy, such as an organizational change, a software application, or a government policy. It is the process of putting an idea or concept into practice. In business, it often entails following a specific set of procedures and guidelines to ensure the successful rollout of a new system or process.
Information Technology: Supports marketing campaigns through broadcast emails, server access, and other digital support.
Finance: Sets up financial plans to accommodate marketing campaigns, including events and exhibitions.
Production: Allocates budget and resources to produce promotional materials, exhibitions, and other marketing initiatives.
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Select the best answer for the question.
7. A large facility that manufacturers send large quantities of product to then be distributed to stores is called:
A large facility that manufacturers send large quantities of product to then be distributed to stores is called a distribution center.
What is A distribution center?A distribution center, also known as a warehouse or a logistics center, is a large facility where manufacturers or suppliers store products and merchandise in large quantities.
The purpose of a distribution center is to efficiently manage the flow of goods from the manufacturer or supplier to the end customer. The distribution center receives shipments of products from various sources, sorts and stores them, and then sends them out to retail stores, wholesalers, or directly to customers through various channels such as online orders, catalog orders, or phone orders.
Hence, the goal is to ensure that the right products are delivered to the right place at the right time in the most efficient and cost-effective manner possible.
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What is Business plan ?
Answer:
Shown below.
Explanation:
What is a business plan?A business plan is a written document containing goals, how these goals can be achieved, and details about the nature of the business, as well as background information on the organization. It should present any information that an investor etc. expects to see before providing financing to a business.
Answer:
A business plan is an essential written document that provides a description and overview of a company's plan.
Explanation:
A business plan is used to help manage an organization by stating how something will be achieved and when. A business plan also describes the company's goals.
letter to the concerned authority
A
p seeking license for proposed
9)
(Licence proudure)
Answer:
Dear [Concerned Authority],
I am writing to request a license for my proposed [insert type of business or project]. As per the regulations and procedures outlined by [insert relevant authority or governing body], I have completed all necessary paperwork and requirements for this license application.
My proposed business or project aims to [insert purpose or objective of the business/project] and will provide [insert intended benefits or services]. I believe that obtaining a license for this endeavor will not only benefit me, but also contribute positively to the local community and economy.
I have attached all necessary documents to support my application, including [insert list of supporting documents]. I am also happy to provide any additional information or answer any questions you may have about my application.
I understand that the license approval process may take some time, and I am willing to comply with any additional requirements or conditions necessary to obtain the license. I am committed to conducting my business or project in a responsible and ethical manner that adheres to all relevant regulations and guidelines.
Thank you for considering my application for a license. I appreciate your time and attention to this matter.
Sincerely,
[Your Name]
Explanation:
Insert the names in the square brackets :D
Which of the following combinations of internal factors upon which the stock price is dependent would definitely favor an increase in the stock price?
lowering the risk of projected earnings without changing the amount or timing of the projected earnings
increasing the risk of projected earnings without changing the amount or timing of the projected earnings
pursuing projects which will increase earnings per share but which will also delay the earnings per share
making corporate changes such that earnings will happen sooner but which will also increase the riskiness of the earnings
Option A : Lowering the risk of projected earnings without changing the amount or timing of the projected earnings
Lowering the risk of projected earnings without changing the amount or timing of the projected earnings would undoubtedly favor an increase in the stock , It would make the stock more appealing to investors, increasing demand and driving up the stock price.
This is because investors prefer lower-risk investments and will be willing to pay more for a stock perceived to be lower-risk. Reduced risk of projected earnings would make the stock more appealing to investors, increasing demand and driving the stock price higher.
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example of apple as distractive technology
Answer:
Apple's iPhone is an example of a distractive technology. While it is a powerful tool for communication, productivity, and entertainment, it can also be a source of distraction and addiction for many people.
Explanation:
The iPhone is designed to provide instant gratification through notifications, social media, and other apps that constantly demand our attention. The device's user interface is deliberately designed to be intuitive and engaging, with colorful graphics and animations that encourage users to interact with it for longer periods.
Many people find themselves addicted to their iPhones, checking them constantly for new messages or notifications, even when they should be focusing on other tasks or spending time with loved ones. This constant distraction can have a negative impact on mental health, productivity, and relationships.
Moreover, Apple's App Store is filled with a vast array of apps designed to be addictive, such as social media platforms, mobile games, and video streaming services. These apps are often designed to keep users engaged for longer periods, with features such as endless scrolling, autoplay, and push notifications.
Therefore, while Apple's iPhone is a powerful and useful technology, it can also be a distractive technology that can have negative impacts on our lives if not used in moderation.
A parcel of land for 163000 if appreciates at 14%pep wear and the seller keeps it for seven Years, and how much will the seller pay for it
Seller to pay for this if $434,306.4 A 163,000-dollar piece of land will increase in value by 14% if the seller holds onto it for seven years.
How are buyers compensated by sellers?You have two options for receiving money: either as a cheque or as a wire transfer that takes the money right into your bank. Choose the method that will deliver your money to your bank the fastest, cheapest, or highest rated based on how long it took for the money to travel from the distributor through your bank using both methods. The solicitor will deal with contract and coordinate with the buyer's attorney while the seller would be paying their costs.
What is the seller's fee?According to , sellers normally pay between 1% and 3% of the transaction price, although the charges can add up to about 7% of the sale price overall. Despite the fact that buyers have larger expenses at closing, it's sometimes the seller's responsibility to pay the commission to both agents.
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- What are two examples of Employer Contributions?
a. Health insurance and 401(k)
b. 401(k) and Roth IRA
c. Federal and state taxes
d. Traditional and Roth IRA
a. Health insurance and 401(k) are two examples of Employer Contributions.
Employer contributions are benefits that employers provide to their employees as part of their compensation package. Two examples of employer contributions are health insurance and 401(k) retirement plans.Health insurance is a valuable benefit that can help employees pay for medical expenses such as doctor visits, hospital stays, and prescription drugs. Employers may offer different types of health insurance plans and may pay a portion or all of the premium for their employees.401(k) plans are a type of retirement savings plan that allows employees to contribute a portion of their salary before taxes. Employers can also make contributions to their employees' 401(k) plans, either through matching contributions or profit-sharing contributions.Overall, employer contributions can help employees save money on essential expenses and plan for their financial futures.
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Evaluate the application of theory x and theory y in modern organization management.
Theories X- illustrate how perceptions might affect managerial style achieving it.
Which management strategy performs the best?A powerful manager is one who has high expectations for their group or business. These people are incredibly confident and driven. The authoritative leadership style helps a manager to communicate to his or their team the overarching objective and the strategy for achieving it.
Describe your management style for me.My game management is truly a blend of democratic and consultative ways, the manager stated, because I believe in building team morale and making everyone feel that we're on equal footing rather than having them feel like they are working for me.
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Johnny Cake Ltd. has 8 million shares of stock outstanding selling at $22 per share and an issue of $40 million in 10 percent annual coupon bonds with a maturity of 17 years, selling at 94.0 percent of par. Assume Johnny Cake's weighted-average tax rate is 34 percent, its next dividend is expected to be $3 per share, and all future dividends are expected to grow at 5 percent per year, indefinitely.
What is its WACC? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
Complete the following analysis. Do not hard code values in your calculations.
Before-tax cost of equity
Before-tax cost of debt
Equity weight
Debt weight
WACC
Johnny Cake Ltd.'s WACC is 16.51% if its next dividend is expected to be $3 per share.
What is dividend?A dividend is a payment made by a company to its shareholders as a distribution of profits. It represents a portion of the company's earnings that is distributed to shareholders in proportion to the number of shares they own. Dividends can be paid out in cash or stock, and they are usually declared on a quarterly basis. Companies may choose to pay dividends to reward shareholders, attract new investors, or maintain their stock's value. The amount of dividends paid out can vary depending on the company's financial performance and growth prospects. Some companies may choose to retain earnings instead of paying dividends in order to reinvest in the business or pay down debt.
Ke = (D1 / P0) + g
Ke = ($3 / $22) + 5% = 18.64%
Kd = ($4 million / $37.6 million) x (1 - 34%) + (0 / 17) = 6.42%
WACC = (Ke x E / V) + (Kd x D / V)
WACC = (18.64% x $176 million / $213.6 million) + (6.42% x $37.6 million / $213.6 million) = 16.51%
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When planning for inventory , a company's goal is to have
Answer:
When planning for inventory, a company's goal is to maintain an optimal balance between the amount of product it can store and the amount of product it can sell. This balance ensures that the company maintains a healthy supply of goods while avoiding overstocking or understocking. The goal is to ensure that the company can meet customer demands while avoiding inventory control costs, such as storage costs and the cost of lost sales due to out-of-stock situations. Additionally, inventory planning can help to ensure the company's products are fresh and within their sell-by dates, as well as helping to anticipate customer demand and plan accordingly
Explanation:
You have entered into an agreement for the purchase of land. The agreement specified that you will take ownership of the land immediately. You have agreed to pay $45,000 today and another $45,000 in three years. Calculate the total cost of the land today, assuming a discount rate of (a) 5%, (b) 7%, or (c) 9%
Today's total land cost at 5%, 7%, and 9% interest rates are $81715.5, $78772.5, and $75991.5, respectively.
How to find the total value of land?In the case of part a:
In the given information:
Payment amount = $45,000
Rate of interest (r) = 5%
Time period (n) = 3 years
Present value of land = [Payment amount * PVF(period, interest rate)]
PVF = present value factor
The formula for calculating PVF is:
PVF = 1/(1+r)n
Substituting the values of the payment amount, interest rate, and time period into the present value formula:
Present value of land today = $45000 * PVF(0, 5%)
PVF = 1/(1+0.05)
PVF = 0.9523
Present value of land today = $45000 * 0.9523
Present value of land today = $42853.5
Present value of land after 3 years = $45000 * PVF(3,5%)
PVF = 1/(1+0.05)3
PVF = 0.8636
Present value of the land after 3 years = $45000 * 0.8636
Present value of the land after 3 years = $38862
The total cost of land = present value of the land today + Present value of the land after 3 years
Total cost of land = $42853.5 + $38862
Total cost of land = $81715.5
In the case of part b:
Rate of interest (r) = 7%
Present value of land today = $45000 * PVF(0, 7%)
PVF = 1/(1+0.07)
PVF = 0.9345
Present value of land today = $45000 * 0.9345
Present value of land today = $42052.5
Present value of land after 3 years = $45000 * PVF(3,7%)
PVF = 1/(1+0.07)3
PVF = 0.8160
Present value of the land after 3 years = $45000 * 0.8160
Present value of the land after 3 years = $36720
The total cost of land = present value of the land today + Present value of the land after 3 years
Total cost of land = $42052.5 + $36720
Total cost of land = $78772.5
In the case of part c:
Rate of interest (r) = 9%
Present value of land today = $45000 * PVF(0, 9%)
PVF = 1/(1+0.09)
PVF = 0.9174
Present value of land today = $45000 * 0.9174
Present value of land today = $41283
Present value of land after 3 years = $45000 * PVF(3,9%)
PVF = 1/(1+0.09)3
PVF = 0.7713
Present value of the land after 3 years = $45000 * 0.7713
Present value of the land after 3 years = $34708.5
The total cost of land = present value of the land today + Present value of the land after 3 years
Total cost of land = $41283 + $34708.5
The total cost of land = $75991.5
Therefore, the total cost of land at different interest rates is:
At 5% interest rate = $81715.5
At 7% interest rate = $78772.5
At 9% interest rate = $75991.5
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a. “South Africa’s mobile market: the bottlenecks blocking competition”. With particular reference to the South African economy, discuss the validity of the opinions highlighted in the case study.
Answer:
k
Explanation:
1. The data in the table represent a production function in which labour is a variable
Labour (hours) Total physical product
1 15
2 35
3 60
4 90
5 120
6 144
7 158
8 160
9 60
10 158
a. Calculate the marginal products and average products at each level of labour. [6 marks]
b. Sketch on the same axes the graph of marginal, average and total products and label the three stages of production in the short run. [4 marks]
c. Explain the characteristics of each of the above stages of production. Which stage should a rational produce operate in and why? [8 marks]
2. Use a well labeled diagram to distinguish between income and substitution effect for a normal good after decrease in price of commodity X ceteris paribus [8 marks]
3. Clearly explain the difference between an isoquant and marginal rate of substitution. [4 marks]
Answer:
a. The marginal product (MP) can be calculated as the change in total physical product (TPP) for a one-unit increase in labor input. The average product (AP) can be calculated as the total physical product divided by the labor input. Using the table, we can calculate:
Labor (hours) TPP MP AP
1 15 15 15
2 35 20 17.5
3 60 25 20
4 90 30 22.5
5 120 30 24
6 144 24 24
7 158 14 22.57
8 160 2 20
9 60 -100 6.67
10 158 98 15.8
b. The graph of marginal, average, and total product can be sketched as follows:
[Graph not included]
The three stages of production are labeled as follows:
Stage I: Increasing marginal returns (region between Labor input 1 and 6)
Stage II: Decreasing marginal returns (region between Labor input 6 and 8)
Stage III: Negative marginal returns (region after Labor input 8)
c. In stage I, the marginal product of labor is increasing, and the average product of labor is also increasing, but at a decreasing rate. In stage II, the marginal product of labor is decreasing, and the average product of labor is still increasing but at a decreasing rate. In stage III, the marginal product of labor is negative, and the average product of labor is decreasing. A rational producer should operate in stage II, where the marginal product of labor is still positive and the average product of labor is still increasing, but at a decreasing rate.
2. The income and substitution effects can be shown using an indifference curve diagram. When the price of commodity X decreases, the budget constraint shifts outward, increasing the consumer's purchasing power. The substitution effect shows the change in quantity demanded of the good as the consumer substitutes it for other goods. The income effect shows the change in quantity demanded due to the change in purchasing power. The total effect is the combination of the substitution and income effects.
[Diagram not included]
3. An isoquant is a curve that shows the combinations of inputs that produce the same level of output. The marginal rate of substitution (MRS) is the amount of one input that must be given up in order to obtain an additional unit of another input while keeping output constant. The MRS is the slope of the isoquant. In other words, the MRS measures the rate at which a firm can substitute one input for another while keeping the same level of output.
Explanation:
Dimitri Designs produce 30000 chairs and sells for $240 each, Special order received of 800 chairs with asking price of $210, Current Variable Cost is $165 includes $50 Labor Cost, To accept the order it requires to run overtime and pay 150% labor cost of normal pay rate. What is impact on profit if order is accepted?
According to this research, accepting the special order would not be beneficial for Dimitri Designs because doing so would result in variable expenses that would be larger than the money made from selling the extra chairs.
What is variable and fixed cost?Fixed costs in accounting are outlaid that are consistent across time regardless of the volume of outputs. Costs that vary inversely or directly with changes in the volume or degree of company activity are known as variable costs.
To know the impact on profit if the order is accepted we have to follow such steps:
The total revenue from selling 800 chairs at $210 each would be:
800 x $210 = $168,000
To produce these chairs, Dimitri Designs would need to incur additional variable costs for labor, as well as potentially incur additional fixed costs for running the production line for longer. The variable labor cost per chair would increase by 150%, or an additional $50 x 1.5 = $75 per chair.
The total variable cost per chair for the special order would be:
$165 (normal variable cost) + $75 (additional labor cost) = $240
Therefore, the total variable cost for the 800 chairs would be:
800 x $240 = $192,000
Assuming no additional fixed costs are incurred, the profit impact of accepting the special order would be:
Profit = Total Revenue - Total Variable Cost
Profit = $168,000 - $192,000
Profit = -$24,000
Based on this analysis, it would not be profitable for Dimitri Designs to accept the special order, as the variable costs associated with producing the additional chairs at a higher labor cost would exceed the revenue generated from the sale of those chairs.
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Question 3
Mr Dladla wants to open a training company, he will be training Learnerships and
ABET. He plans to operate at South Gate Mall with the total Market share of 4500
customers per month. He knows that he can only expect 50% of the market share for
the year.
His selling price will be R500 and the cost of running his course in R300. His training
company opens 20 days per month.
(10)
3.1 Calculate his gross profit per day and thereafter
Answer:
To calculate Mr. Dladla's gross profit per day, we first need to calculate his expected monthly revenue and cost:
Expected monthly revenue = 50% of total market share * selling price * number of operating days per month
= 0.5 * 4500 * 500 * 20
= R22,500,000
Expected monthly cost = selling cost * number of operating days per month
= 300 * 20
= R6,000
Gross profit per month = expected monthly revenue - expected monthly cost
= R22,500,000 - R6,000
= R22,494,000
To calculate his gross profit per day, we divide his monthly gross profit by the number of operating days per month:
Gross profit per day = gross profit per month / number of operating days per month
= R22,494,000 / 20
= R1,124,700
Therefore, Mr. Dladla's gross profit per day is R1,124,700.
Explanation:
You want to buy a new car that costs $30,000, and you put 20% down payment on the purchase and
finance the remainder. How much would your monthly payments be if you borrow the money for 5
years from a credit union at 6% annually?
Remember: You have to make the term of the loan and the interest rate monthly values to align with
the monthly payment you want to compute)
Answer:
son 1067 creo xd
Explanation:
creo...
Suppose you deposit $100 that you were keeping under your mattress. Suppose this $100 stays in the banking system as reserves and banks hold reserves equal to 10 percent of deposits, by how much does the total amount of deposits in the banking system increase? By how much does the money supply increase?
The bank which keep some portion of money as mandatory deposit and lends rest of money called Frictional Reserve banking.
How to calculate the frictional reserve banking (with help of example)?Let I have deposit $100 in my bank account. Banks store 10% of money that is only $10 bank keep rest are lends by bank. The balance sheet shows that bank increase the money supply by $90. After the loan was made money supply was $190 as compared to $100. In second time loan banks lends $81 so the total money supply is $81+$190. In this way the whole process will go on until the loanable amount become zero.
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Executive Summary and Introduction, which should discuss the overall concept of operations
management in ZARA and how it plays a significant role in the Organization’s competitiveness.
Executive Summary:
This report provides an analysis of operations management in ZARA and its significant role in the organization's competitiveness. ZARA is a global fashion retailer with a unique business model that focuses on fast fashion, vertical integration, and flexible supply chain management. The company's success is largely attributed to its efficient operations management practices that enable it to deliver high-quality products at affordable prices within a short lead time. The report analyzes ZARA's operations strategy, processes, critical success factors, supply chain management, quality management, and sustainability practices. The report also compares ZARA's operations management with that of its competitors and provides recommendations for improvement.
Introduction:
Operations management is a critical aspect of any organization that involves the design, planning, execution, and control of business operations to achieve the organization's goals and objectives. In today's highly competitive business environment, organizations must adopt effective operations management practices to remain competitive and meet customer needs. ZARA is a global fashion retailer that has revolutionized the fashion industry with its unique business model, which relies on fast fashion, vertical integration, and flexible supply chain management. ZARA's success is attributed to its efficient operations management practices that enable it to deliver high-quality products at affordable prices within a short lead time.
This report provides an analysis of operations management in ZARA and its significant role in the organization's competitiveness. The report analyzes ZARA's operations strategy, processes, critical success factors, supply chain management, quality management, and sustainability practices. The report also compares ZARA's operations management with that of its competitors and provides recommendations for improvement.
Answer:
Executive Summary:
This report aims to explore the concept of operations management in ZARA, a Spanish fashion retailer that has become one of the world's leading fast-fashion brands. ZARA has gained a reputation for being agile, responsive, and innovative in its approach to operations management, which has played a significant role in the company's success. This report will discuss the various strategies and practices that ZARA employs to manage its operations effectively and maintain its competitiveness in the global market.
Introduction:
Operations management plays a crucial role in the success of any organization, particularly in the fast-paced and ever-changing world of fashion retail. ZARA is a prime example of a company that has leveraged its operations management to become a leader in the global fashion industry. ZARA's business model is based on a fast-fashion approach that emphasizes rapid production cycles and a constantly evolving product line.
The success of ZARA's business model is rooted in its ability to manage its operations efficiently and effectively. ZARA's operations management strategies are centered around a few key principles, including vertical integration, agile manufacturing, and just-in-time inventory management. These principles allow ZARA to respond quickly to changes in customer demand, minimize production costs, and maintain a high level of product quality.
This report will provide an overview of ZARA's operations management practices and how they contribute to the company's competitiveness. It will also analyze the challenges that ZARA faces in managing its operations and discuss some of the strategies the company can adopt to overcome these challenges. Ultimately, this report will demonstrate how effective operations management is critical to the success of ZARA and other organizations in the fashion industry.
Explanation:
1 benefit of transportation management system is fewer stock outs
Answer:
One benefit of a transportation management system (TMS) is that it can help reduce stockouts in a supply chain. A TMS can optimize the transportation of goods, providing real-time visibility into inventory levels and shipment statuses. This can help to ensure that goods are delivered to their intended destination on time, reducing the likelihood of stockouts caused by delays or other transportation-related issues.
By using a TMS, companies can also better manage their inventory levels by forecasting demand and adjusting shipments accordingly. This can help to prevent overstocking and reduce the need for excess inventory storage, which can save costs in the long run.
Overall, by improving transportation management and providing greater visibility into inventory levels and shipment statuses, a TMS can help to minimize the occurrence of stockouts and improve supply chain efficiency.
Explanation:
"Is college the best choice?" Using economic reasoning skills you have learned in this course, you will write an extended paragraph making a claim to the prompt, cite two pieces of evidence directly from the sources, and explain your reasoning of how this evidence connects to the claim.
Answer:
College education is undoubtedly the best choice for individuals seeking higher-paying jobs and better career prospects. According to the Bureau of Labor Statistics, individuals with a bachelor's degree earn an average of $1,248 per week, while those with only a high school diploma earn an average of $746 per week. This means that college graduates earn almost twice as much as those without a college degree. Additionally, a report by Georgetown University's Center on Education and the Workforce found that by 2020, 65% of all jobs in the United States will require some form of postsecondary education. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market.
The evidence from the Bureau of Labor Statistics and Georgetown University's Center on Education and the Workforce supports the claim that college education is the best choice. The higher earnings of college graduates compared to those without a college degree indicate that investing in a college education can lead to better financial outcomes. Furthermore, the report by Georgetown University's Center on Education and the Workforce highlights the increasing demand for postsecondary education in the job market. This means that individuals without a college degree will have limited job opportunities and will be at a disadvantage in the job market. Therefore, it is clear that college education is the best choice for individuals seeking higher-paying jobs and better career prospects.
Decide whether the statement below makes sense (or is clearly true) or does not make sense (or is clearly false). Explain.
In my statistical study, I used a sample that was larger than the population.
A. Yes, the statement makes sense. A sample can be as large as desired.
B. Yes, the statement makes sense. A sample is always larger than the population.
C. No, the statement does not make sense. A sample is a subset of the population and cannot be larger than the population.
D. No, the statement does not make sense. The sample size should always equal the population size.
Explanation:
C. No, the statement does not make sense. A sample is a subset of the population, and it is not possible for the sample size to be larger than the population size. The size of the sample is typically smaller than the population, but it should be large enough to represent the population accurately. The size of the sample should be determined based on the research question, level of confidence desired, and the variability in the population.