A novice nurse-manager is frequently late for appointments. This manager's colleagues are likely to have the perception that 3.The manager does not value other people's time.
Who is manager ?A manager is a qualified someone who leads an organisation and oversees a group of workers. Managers frequently oversee a certain department within their organisation. There are many different kinds of managers, but they typically have responsibilities including making decisions and conducting performance reviews.
We also need perception to survive in our surroundings. For instance, parents taste microwaved food before feeding it to their children to ensure that it is not too hot.
The proper question is "A novice nurse-manager is frequently late for appointments. This manager's colleagues are likely to have what perception of the manager?
1.The manager is overworked with too many responsibilities.
2.The manager needs additional management training.
3.The manager does not value other people's time
4.The manager lacks the skill necessary for the job."
Hence option 3.The manager does not value other people's time is correct.
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in developing a strategic marketing plan, what should the company do immediately after evaluating the opportunities presented by various market segments?
Immediately after evaluating the opportunities offered by the various market segments, a company should develop a strategy to determine where to focus its marketing efforts and where to not.
This includes deciding which market segments we have to target, what products and services should be offered, what pricing and promotional strategies to be used, and how to measure the success.
In addition, the company should create a timeline for implementation and review the budget to ensure that financial resources are allocated correctly. Finally, a company should consider how to track and measure the effectiveness of its marketing efforts to make adjustments and analyze ROI.
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when consumers have problems with a web site, they use dimensions to evaluate e-service quality. a. tangibility, efficiency and fulfillment b. responsiveness, compensation and contact c. empathy, efficiency and expectations d. reliability, privacy and assurance e. efficiency, fulfillment, reliability and privacy
E: "Efficiency, fulfillment, reliability and privacy" are dimensions used to evaluate e-service quality when consumers have problems with a website.
E-service quality refers to the perception of consumers regarding the quality of services provided by a website. When consumers have problems with a website, they use specific dimensions to evaluate the e-service quality. The dimensions commonly used are efficiency, fulfillment, reliability, and privacy.
Efficiency refers to the speed and ease with which a website's services are delivered. Fulfillment refers to whether the website meets the customer's expectations and requirements. Reliability refers to the consistency and accuracy of the website's services.Privacy refers to the security and confidentiality of the customer's personal and financial information.These dimensions provide a framework for evaluating the e-service quality and help websites identify areas for improvement.
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The slope of a budget constraint line is influenced by:
a. the tastes and preferences of the decision-maker.
b. none of the above
c. how much one item costs compared to the cost of the other item.
d. how effectively one more of each of the two competing goods satisfies wants.
How much one thing costs in relation to a cost of the additional item C. affects the slope of an initial budget line.
What factors affect the slope of something like a budget constraint line?The relative cost of the options affects the budget constraint's slope. Choices outside of the budget are unaffordable. Cost is measured by the amount given up in exchange, or opportunity cost.
What is the case with a financial restraint?The total number of products you can buy within your current budget is your budget constraint. Budget restrictions show the variety of options that can be made while staying inside that budget. The opportunity cost is the amount or thing you give up in favor of another. Slowly sinking cost is the sum of money used for the cannot be regained from the past.
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micromedia has forecast an enrollment of 55 students for the seminar. how much profit will be earned if their forecast is accurate? p(55)
If micro media has forecast an enrollment of 55 students for the seminar. how much profit will be earned if their forecast is accurate:
(Liner equation )
(a) c=2x115x+9100
c= 230 x +9100
(b) p= 580x-(230x+9100)
=580x-230x-9100
= 350-9100
(c) when x=55
p(55)=$(350x55-9100)
=(19250-9100)
=$ 10150
(d) when p=0
so 350x-9100 = 0
350x=9100
x=9100/350
x=26
A linear equation in two variables is of the form Ax + By + C = 0. where A and B are the coefficients, C is the constant term, and x and y are two variables of degree 1. Example: 7x + 9y + 4 = 0 is a linear equation in two variables. Given two such linear equations, they are called a system of linear equations.
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harley davidson sells its motorcycles worldwide. it announced it was moving some manufacturing to europe as a result of the trade war initiated under the trump administration between the us and the european union. what is the main reason you can think of that they would choose to do this?
There could be several reasons why Harley-Davidson chose to move some of its manufacturing to Europe, but one main reason could be to avoid tariffs imposed as a result of the trade war initiated under the Trump administration between the US and the European Union.
The Trump administration refers to the executive branch of the United States government during the presidency of Donald J. Trump, who served as the 45th President of the United States from January 20, 2017, to January 20, 2021.
The Trump administration was marked by a distinctive style and approach to governance, characterized by a focus on nationalistic and protectionist policies, an emphasis on immigration restrictions, and a confrontational approach to international relations. During this time, there were significant changes in immigration policies, tax laws, and regulatory measures that impacted various industries and communities.
The Trump administration also faced significant controversy and division, both domestically and internationally. There were allegations of corruption, conflicts of interest, and allegations of collusion with foreign powers, which led to an impeachment inquiry.
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what are the four principles that underlie the strategic marketing process?
The steps of the strategic marketing process—which include the mission, scenario analysis, marketing plan, marketing mix, implementation, and control—are distinct from those of a particular marketing endeavor.
What are the three crucial tenets of a strategic marketing plan?Three key objectives include comprehending the customer's needs and preferences, the acquisition, consumption, and disposal methods they choose, as well as the components of their individual value equation.
Which four strategic marketing process principles are there?Businesses use the 4P marketing matrix, or the four original marketing principles, as the basis for their marketing strategy. Product, Price, Place, and Promotion are the four fundamental marketing tenets that interact and function together.
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supplies at the beginning of the year totaled $4,000. during 2024, additional supplies of $20,000 were purchased, and the entire amount was debited to supplies at the time of purchase. supplies remaining at the end of the year total $6,000. prepare the adjusting entry at december 31.
To prepare the adjusting entry at December 31 for the supplies, you would debit Supplies for $14,000 and credit Supplies Expense for $14,000.
This is because the Supplies account has a debit balance of $4,000 at the beginning of the year, plus the additional supplies purchased of $20,000 during the year, for a total of $24,000. However, at the end of the year, only $6,000 of supplies remain, so the difference of $14,000 must be adjusted for.
Business supplies are items required for day-to-day operations in any business. These supplies can range from basic office supplies such as stationery, printer paper and ink, to more specialized items such as catering supplies, cleaning materials, and lab equipment. Business supplies are necessary for businesses to maintain operations and keep their employees productive.
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what is the maximum amount in new deposits and loans that the banking system can generate as a result of the $45,000 deposit into goldstar bank?
The highest amount of money a bank may generate as checkable deposits for every unit of reserves is known as the deposit multiplier.
What is the primary role of banking system?A banking system is important in part because of the elements required to make it function: a legal system that respects contracts and agreements, honoring the rights of both debtors and creditors; an independent central bank; a judiciary that follows the rule of law; and a government that understands the importance of strong, healthy banks and provides sound supervision and a legal framework within which they can operate. Only then can the banking system accomplish its primary roles—that of providing a safe haven for the funds of the public and a means to devote those funds in productive loans to build the economy. A healthy banking system, then, not only helps build a nation for what it does, it helps build a nation for what it requires.
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what is the overall rate of return on a $110,000 investment that returns 27% on the first $80,000 and 20% on the remaining money?
By deducting the investment's initial value from its current value and then dividing the result by the original investment, one can determine a basic rate of return. The outcome is multiplied by 100 before reporting it as a percentage.
How to calculate the rate of return?Rate of return, stated as a percentage of starting cost, is a metric used to assess an investment's performance over time.
An increase in value is represented by a positive return, whereas a decrease in value is represented by a negative return.
Whether an investment is still being kept or was sold, a rate of return determines the percentage change in value for any investment.
% Rate of Return = [(Current Value - Initial Value) / Initial Value] x 100
Typical Rate of Return
The rate of return, for instance, would be 30% if a share's initial price was $100 and it later rose to its present value of $130.
[($130 - $100) / $100] x 100 = 30%
In the event that the asset has lost value, rate of returns may also be negative. A -30% rate of return would have been reflected in the example above if the share price had fallen to $70.
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Recognizing marketing’s greater purpose is one of the overriding principles of?
The overriding principle of marketing is to create customer value by understanding customer needs and providing a superior customer experience.
What do you mean by overriding principle?
Overriding principle is a concept in which a particular rule or procedure takes precedence over any other general rule or procedure. It is typically used when a specific situation requires a particular solution, which would be different than the one given by the general rule. In such cases, the principle of overriding provides the necessary flexibility to adjust the general rule and apply the specific solution. This principle is also known as the "superseding principle" or the "exceptional principle". In the legal field, it is a principle that is used to determine which laws take precedence when more than one law is applicable to a particular situation. Overriding principle is an important concept that allows for the flexibility to respond to unique situations in an effective and appropriate manner.
So, The overriding principle of marketing is to create customer value by understanding customer needs and providing a superior customer experience.
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the business market consists of the following three components: a. manufacturers, institutions, and defense. b. commercial enterprises, service organizations, and government. c. manufacturers, service organizations, and government. d. commercial enterprises, institutions, and government. e. commercial enterprises, resellers, and government.
e. Businesses, retailers, and the government. Businesses that produce and distribute goods and services for a profit are referred to as commercial enterprises. These organisations might be big, worldwide
A legal entity that produces, distributes, or sells products or services to consumers is a company. For the benefit of their owners or shareholders, they are there to make money. There are several business structures, such as sole partnerships, corporations, and limited liability companies . Businesses operate in a wide range of sectors, from manufacturing and retail to technology and finance. For a firm to succeed and expand, sound management, marketing, and financial strategies are essential. A company's success depends on its capacity to satisfy the wants and desires of its clients and to consistently adjust to market developments.
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benefits from trade would not include a. lower prices. b. a greater variety of goods and services becoming available. c. the ability of people and nations to specialize. d. less competition.
The benefits from trade would not include less competition. The correct option is D.
The trade is the term which refers to the voluntary exchange of the products and services between different countries or economic system. The types of trade are the domestic trade, wholesale trade, retail trade, foreign trade, import trade and the export trade.
The benefits from trade would not include less competition due to the international trade in the various countries that allows the availability of the huge variety of products and services which create more competition around the products or services.
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on june 1, royal corp. began operating a service company with an initial cash investment by shareholders of $3,000,000. the company provided $7,400,000 of services in june and received full payment in july. royal also incurred expenses of $2,645,000 in june that were paid in august. during june, royal paid its shareholders cash dividends of $567,000. what was the company's income before income taxes for the two months ended july 31 under the following methods of accounting?
The company's income before income taxes for the two months ended July 31 under the Cash Basis and Accrual Basis methods of accounting will be: Cash Basis= $8,200,000 and Accrual Basis= $5,555,000
The computation for the organization's pay before personal assessments for the two months finished on July 31
In light of the data given, we were informed that the organization gave how much $8,200,000 of administrations in the long stretch of June and got a full installment of the sum in July which implies that the CASH BASIS will be $8,200,000
Cash Basis= $8,200,000
The calculation for Accrual Basis
Using this formula
Accrual Basis= Cash received - Incurred expenses
Accrual Basis= $8,200,000-$2,645,000
Accrual Basis= $5,555,000
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alpaca corporation had revenues of $315,000 in its first year of operations. the company has not collected on $20,200 of its sales and still owes $28,300 on $97,500 of merchandise it purchased. the company had no inventory on hand at the end of the year. the company paid $14,000 in salaries. owners invested $20,500 in the business and $20,500 was borrowed on a five-year note. the company paid $4,900 in interest that was the amount owed for the year, and paid $8,900 for a two-year insurance policy on the first day of business. alpaca has an effective income tax rate of 40%. (assume taxes are paid in the same year). compute the cash balance at the end of the first year for alpaca corporation. multiple choice $206,502 $227,502 $161,140 $195,502
The cash balance at the end of the first year for Alpaca Corporation is $132,500. This means that option 4, $195,502, is the correct answer.
To determine Alpaca Corporation's cash balance at the conclusion of the first year, we must account for all cash inflows and outflows over the year.
Cash inflows:
Revenues: $315,000
The owners' investment is $20,500.
Cash outflows:
Uncollected sales totaled $20,200.
$28,300 in merchandise is owing.
Salary: $14,000.
Interest is $4,900.
Insurance costs $8,900.
Taxes: (Revenues - Uncollected sales) (Revenues - Uncollected sales) * 40% = ($315,000 - $20,200) * 40% = $124,800
Cash balance = Cash inflows - Cash outflows
= ($315,000 + $20,500) - ($20,200 + $28,300 + $14,000 + $4,900 + $8,900 + $124,800)
= $329,500 - $197,000
= $132,500
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which statement is true about tweens? group of answer choices tweens are especially influenced by sales reps and word-of-mouth recommendations. tweens have little spending money and rely on their parents and relatives to make purchases for them. most tweens prefer and value traditional media over social media, unlike other cohorts. tweens are heavily influenced by social media and the internet regarding what is on trend or relevant.
These two statement are true about Tweens:
Tweens have little spending money and rely on their parents and relatives to make purchases for them. Tweens are heavily influenced by social media and the internet regarding what is on trend or relevant.The term "tween" is frequently used to refer to a group of youngsters who are between the ages of a kid and a teenager. These children, who are frequently in middle school, are on the verge of adolescence and all of its difficulties, including puberty. A time of transition and transformation, the tween years.
A tween is learning to take on new responsibilities at school and at home as they develop into teenagers physically, emotionally, and socially. Tween parents observe many changes in their kids throughout these few years. Despite their growing independence and skill development, your tween still needs your assistance with everything.
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in terms of economic systems, the trend has been for countries
In terms of economic systems, the trend has been for countries to move towards more market-oriented economic systems, such as capitalism and free market systems.
When does an economy have free markets and a capitalist system?As long as private persons own the production inputs, any economy is capitalist. A free market economy is one that is entirely based on capitalism, in which the marketplace, labour, and production are governed by the law of supply and demand rather than by a centralised authority.
How does this trend has been driven?This trend has been driven by the belief that these systems promote economic efficiency, growth, and innovation. However, there is ongoing debate and discussion about the most effective balance between market forces and government intervention in the economy.
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marketing research methods are diverse, spanning a wide variety of qualitative and quantitative techniques and borrowing from disciplines such as psychology, sociology, and anthropology. group startstrue or falsetrue, unselectedfalse, unselected
Marketing research methods are diverse, spanning a wide variety of qualitative and quantitative techniques and borrowing from disciplines such as psychology, sociology, and anthropology. - True.
What do marketing research techniques entail?It is true that there are many different qualitative and quantitative approaches used in marketing research, as well as influences from anthropology, sociology, and psychology.
Market research is the process of acquiring data about a product that a business wants to sell and finding out what consumers think about it.
The company's position in the market is strengthened thanks to market research. Additionally, it aids in lowering investment risk. It aids the business in understanding his strengths and weaknesses.
As it focuses on client demand, which is crucial in today's industry, it aids the organization in boosting its reputation.
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peter works as a real estate agent and uses the internet extensively for sales leads and advertising. one day, he finds another realtor's ad online and copies it, using his own information as the contact info. this generates a lot of business for peter, but unfortunately peter gets a call one day and is informed that he is being sued for copyright infringement. this is an example of what type of claim covered under peter's commercial general liability policy?
This is an example of an advertising damage claim covered by Peter's General Commercial Liability Policy.
Advertising Damage Cover is a component of general commercial liability insurance that protects policyholders against claims for theft of ideas related to advertising, invasion of privacy, defamation, defamation and copyright infringement. Advertisement Injury Coverage is a type of Personal Injury Insurance, as opposed to Personal Injury Insurance, and is sometimes referred to as Personal Injury and Advertisement Injury Coverage.
Advertising Damage Cover protects businesses against claims for crimes allegedly committed in the course of advertising goods, products, or services. A team of disgruntled lawyers decide to leave the law firm that hired them and start their own practice. The new firm has taken out billboards, which use almost the same fonts and colors for text as the lawyer's previous employer. A former employer is suing the disgruntled lawyer for advertising violations, demanding that her sign be removed within 48 hours.
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which proposition says that, with the introduction of a crisis, the total number of communication channels used for the collection and distribution of information will be reduced
According to Proposition 3, the overall number of communication channels employed for information gathering and distribution will be decreased when a crisis is introduced.
What is communication channels ?In the context of telecommunications and computer networking, the term "communication channel" can refer to both a logical link across a multiplexed medium, such as a radio channel, and a physical transmission medium, such as a wire. The dissemination of information inside a corporation is facilitated by channels of communication. Within a firm, information could frequently be provided about: company-wide regulations and activities. information about employee benefits. Three categories can be used to group communication channels: verbal, written, and non-verbal. The advantages and disadvantages of each of these communication routes vary, and humans frequently use multiple channels concurrently.
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which process emphasizes planning as a necessary step preceding the activation of a communications initiative? group of answer choices r-p-i-e p-p-i-e r-a-c-e p-a-c-e
R-P-I-E process emphasizes planning as a necessary step preceding the activation of a communications initiative .
What does an initiative's communication strategy entail?
In order to communicate with your target audience, you need a communications strategy.
It entails who you are speaking with, why you are speaking with them, how and when you will speak with them, the format in which the content should be communicated, and the platforms via which you ought to distribute it.
What does "communication for growth" mean?
Strategic communication is incorporated into efforts for development through development communication. Development projects' chances of success can be increased by using the effective instrument of strategic communication.
Instead of focusing only on spreading knowledge, educating the public, or increasing awareness, it aims to influence behavior.
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you think you can live off $75,000 each year during retirement and you believe you can earn 4% annually on your retirement funds once you have retired. you are fairly healthy and you think you should plan on having 30 years of retirement. how much money should you have saved the day you retire to finance your retirement expectations? group of answer choices
The amount of money you should have saved the day you retire to finance your retirement expectations is $2,250,000.
What is retirement?
Retirement is the process of leaving one's job or ceasing to work after reaching a certain age or level of experience. Generally, retirement is viewed as an opportunity to take a break from the working world, enabling individuals to enjoy leisure activities, pursue hobbies, spend time with family and friends, and travel. Retirement can also provide financial security, allowing individuals to enjoy a comfortable lifestyle without the need to work. Retirement planning is important, as it involves carefully considering one's financial goals and future lifestyle to ensure a secure retirement.
This is calculated by taking your annual retirement income ($75,000) multiplied by 30 years of retirement, and then multiplied by the 4% annual return: $75,000 x 30 years x 4% = $2,250,000.
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2. which fields tend to attract entrepreneurs the most? why? 3. what are the advantages of starting a small business? the disadvantages?
There is no single field that attracts entrepreneurs the most, as entrepreneurship is a personal journey and can be found in many different industries.
What is Entrepreneurship ?Due to the fact that entrepreneurship is a personal journey and may be found in a wide range of businesses, there is no one industry that draws entrepreneurs the most. Technology, consumer products, healthcare, e-commerce, and renewable energy are a few industries that tend to be well-liked by entrepreneurs.Entrepreneurs are drawn to industries that provide chances for development, innovation, and the possibility of substantial returns on their investments. Technology and e-commerce are popular fields because they are dynamic, always changing, and have the potential to generate large profits through the development of new goods or services. On the other hand, industries like healthcare and renewable energy present chances to benefit society and earn money at the same time.To know more about Entrepreneurship , check out :
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which type of employment is defined as employment which can be terminated by the employer or employee at any time with or without reason?
With an at-will contract, an employer is free to terminate an employee at any moment for any reason—aside from those that are illegal—or for no reason at all.
When does an employee leave their job or be dismissed from it?
An employee's time working for a corporation comes to an end when their employment is terminated. Termination may take place voluntarily, like when a worker decides to leave on their own. When a business reduces staff, terminates workers, or initiates layoffs, this is known as an involuntary termination.
What three ways can a contract be terminated?
Either party may end a contract with the other's approval or agreement, or both parties may do so. A contract can be terminated in a variety of ways, including upon completion, impossibility of performance (frustration), breach, and termination by previous written notice.
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senior management is most likely to be responsible for . a. operational plan b. tactical plan c. strategic plan d. mission plan
A senior manager is in charge of Organizing and supervising a team's work.
Which planning activities are carried out by senior management?The use of strategic planning is based on the long-term achievement of significant objectives.It's more of a elevated planning that is carried out by the organization's top managers.Such planning is employed when launching a firm.The company's mission and vision are included in a strategic plan.
Who is in charge of operational and tactical planning?First, because they have th best overall perspective of the company, executives are typically in charge of developing strategic plans.Lower-level managers are typically in charge of tactical planning since they have a greater awareness of the day-to-day activities.
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an economy produces face masks. if the economy achieves allocative efficiency, then______.
Face masks are produced by the economy. If the economy is allocatively efficient, it will create the amount of PPC that is most highly valued.
What is an economy?
An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviours, discourses, and tangible manifestations connected to the creation, utilisation, and management of finite resources. One's culture, values, education, technological advancement, history, social organisation, political structure, legal system, and natural resources are all major determinants of an economy's processes. These elements determine the parameters and conditions under which an economy operates in addition to providing background and content. In other words, the economic realm is a social domain made up of connected human behaviours and exchanges that cannot exist independently.
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which of the following is an example of a positive economic statement? a. soap operas should be taken off television. b. the u.s. public should devote more resources to education. c. if you drop a ball from the top of a building, it will fall to the ground. d. the poor should pay lower taxes and the rich should pay higher taxes
"An increase in government spending will reduce the unemployment rate'' is an example of a positive economic statement. The correct option is C.
The positive economic statement is the statement in which the measurement is the fact based and it is precise, descriptive and the clearly measurable.
The positive economic statement is the tangible and it can include the following terms are inflation rate, the unemployment rate, housing market statistics and the consumer spending. The positive statement is opposite from the normative statement in this statement it include the many disciplines.
The question is incorrect, the correct question is here:
Which of the following is an example of a positive economic statement? a. soap operas should be taken off television. b. the U.S. public should devote more resources to education. c. An increase in government spending will reduce the unemployment rate. d. the poor should pay lower taxes and the rich should pay higher taxes
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during the month of may, direct labor cost totaled $21,240 and direct labor cost was 60% of prime cost. if total manufacturing costs during may were $78,300, the manufacturing overhead was:
The manufacturing overhead for May, given the direct labor cost and the prime cost, was $ 25, 200.
How to find the manufacturing overhead ?Find the prime cost first :
Prime cost = Direct labor cost / (1 - Direct labor cost as a percentage of prime cost)
Prime cost = 21, 240 / (1 - 60%)
Prime cost = 21, 240 / 40%
Prime cost = 53, 100
The manufacturing overhead is:
= Total manufacturing costs - Prime cost
= 78, 300 - 53, 100
= $ 25, 200
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when the price of a good or service changes, a. the demand curve shifts in the same direction. b. the supply curve shifts in the opposite direction. c. the demand curve shifts in the opposite direction. d. there is a movement along a given demand curve.
When the price of a good or service changes, there is a movement along a given demand curve.
The demand curve for that good moves when the price changes, right?A shift in the price of a good or service does not modify the demand curve; rather, it causes movement along a particular demand curve and often results in some change in the quantity sought.
when a product or service's pricing changes?Moving along the supply or demand curves implies that the quantity provided or demanded has changed as the price of a good or service changes.
How does demand alter when a good's price changes?The quantity demanded decreases as the price rises (but demand itself stays the same). Demand rises in proportion to price decline. This is the Demand Law. An inverse relationship is shown on a graph as a left to right, downward sloping line.
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You are thinking of purchasing a house. the house costs . you have in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. the bank is offering a -year mortgage that requires annual payments and has an interest rate of per year. what will be your annual payment if you sign this mortgage?
For this mortgage, your Yearly payment would be $17,149.67.
The following equation serves as the foundation for this calculation:
M = P * (r(1 + r)n) / ((1 + r)n - 1)
M = Monthly Payment where
P is the principal loan sum.
n = The quantity of payments (30 years of monthly payments would be 360 payments)
In this scenario, the yearly interest rate of 6% is divided by 12 to obtain the monthly interest rate of 0.5%.
Since there are 12 months in a year, the annual payment would be equal to 12 x $1,429.14, or $17,149.67.
The annual payment amount for an annuity is calculated by assuming a fixed interest rate and regular instalments (anything that must be paid in yearly increments).
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item10 10 points ebookprintreferencescheck my workcheck my work button is now enableditem 10 required: a project has a 0.88 chance of doubling your investment in a year and a 0.12 chance of halving your investment in a year. what is the standard deviation of the rate of return on this investment?
The standard deviation of the rate of return on this investment is 48.74%.
What is the standard deviation?
The square root of the variance is used to calculate the standard deviation, a statistic that expresses how widely distributed a dataset is in relation to its mean. By calculating the deviation of each data point from the mean, the standard deviation may be determined as the square root of variance.
Start with a value of $100.
In the first scenario, the value will double to $200 with a probability of 0.88.
In the second, the value will decrease by half to $50 with a probability of 0.12.
Value expected, or E(x) = probability * ( value)
E(x) = 0.88*200 + 0.12*50 = $182 is the expected value.
Variance of (x) = = E(x^2) - (E(x))^2
= (0.88 * 200^2 + 0.12 * 50^2) - (182)^2
= (35,200 + 300) - 33124
= 35500-33124
= 2376
Standard deviation = sqrt (variance)
= sqrt(2376) = 48.74%
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Correct question:
A project has a 0.88 chance of doubling your investment in a year and a 0.12 chance of halving your investment in a year. What is the standard deviation of the rate of return on this investment? (Do not round intermediate calculations. Round your answer to 2 decimal places.)