The NPV for the forklift option is higher, it is the better choice in terms of cost-effectiveness.
How did we evaluate the choices?To evaluate the two alternatives, you can use the discounted cash flow (DCF) method, which takes into account both the initial cost and the operating costs over time. The DCF formula is as follows:
NPV = (C1 / (1 + r)^1) + (C2 / (1 + r)^2) + ... + (Cn / (1 + r)^n)
Where NPV is the net present value, C is the cash flow in each year, r is the cost of capital, and n is the number of years.
Using this formula, we can calculate the NPV for both alternatives:
Conveyor:
NPV = (-$500,000 / (1 + 0.07)^0) + (-$120,000 / (1 + 0.07)^1) + (-$120,000 / (1 + 0.07)^2) + (-$120,000 / (1 + 0.07)^3) + (-$120,000 / (1 + 0.07)^4) + (-$20,000 / (1 + 0.07)^5) = $-497,501.49
Forklift:
NPV = (-$200,000 / (1 + 0.07)^0) + (-$160,000 / (1 + 0.07)^1) + (-$160,000 / (1 + 0.07)^2) + (-$160,000 / (1 + 0.07)^3) + (-$160,000 / (1 + 0.07)^4) + (-$160,000 / (1 + 0.07)^5) = -$191,940.87
Since the NPV for the forklift option is higher, it is the better choice in terms of cost-effectiveness.
learn more about cost-effectiveness: https://brainly.com/question/11333581
#SPJ1
true/false. suppose lagatt green charges $2.50 per bottle. your study partner gabriel says that because lagatt green is a monopoly with market power, it should charge the higher price of $3.00 per bottle in order to increase its profit.
Jeremiah's claim that Lagatt Green should charge $3 per bottle is untrue.
1000 units are required, and the ATC is 3.75.
TR = P * Q
TR = 3 * 1000
TR = 3,000
TC = ATC * Q
TC = 3.75 * 1000
TC = 3750
PROFIT = TR - TC
Profit = 3000 - 3750
Loss = -750
Jeremiah is not correct in his assertion.
Jeremiah is incorrect in saying that it should charge $3 because as the price goes up to $3, fewer people would buy it and less money will be made.
Setting MC=MR in the second graph
The company's output will be Q = 1750 units at P = 2.25.
The darkened area indicates that the firm is profitable because the Price is higher than the ATC.
The company makes money when the price is higher than ATC, and it loses when it is lower than ATC.
To know more about Profit, refer to this link:
https://brainly.com/question/15699405
#SPJ4
an employee calls you to demand more ram for her computer to complete her work tasks. however, you know that her department doesn't have a budget for new equipment. your supervisor is the only one that has authority to allocate department funds. which of the following is the best way to respond?
The wisest course of action would be to:"I appreciate you contacting out. recognise how crucial it is to have the tools you need to do your authority authority assignment. To find out if there is a budget for new
When we talk about authority, we mean the ability to use force to impose laws and make judgements. It might be held formally by a government or informally by a community leader. It can be held by people, groups, or organisations. Since legitimacy is frequently linked with authority, it denotes that it is seen as proper and just. Delegating authority entails giving someone the ability to act on behalf of another individual or group of people. Since persons in positions of power are accountable for their actions and judgements, exercising authority necessitates accountability. The misuse of authority can also have effects on people who are subject to it.
Learn more about authority here:
https://brainly.com/question/28280933
#SPJ4
step 1. draw a demand and supply model before the economic change took place. to establish the model requires four standard pieces of information: the law of demand, which tells us the slope of the demand curve the law of supply, which gives us the slope of the supply curve the shift variables for demand the shift variables for supply from this model, find the initial equilibrium values for price and quantity. step 2. decide whether the economic change you are analyzing affects demand or supply. in other words, does the event refer to something in the list of demand factors or supply factors? step 3. decide whether the effect on demand or supply causes the curve to shift to the right or to the left and sketch the new demand or supply curve on the diagram. in other words, does the event increase or decrease the amount consumers want to buy or producers want to sell? step 4. identify the new equilibrium and then compare the original equilibrium price and quantity to the new equilibrium price and quantity. a shift means a change in the quantity demanded or supplied at every price. a shift in one curve never causes a shift in the other curve. rather, a shift in one curve causes a movement along the second curve. the movement along the second curve describes a change in price. use the 4-step process, and show your work, to answer question: use the 4-step process to analyze the impact to the labor market when there are fewer workers. use the 4-step process to analyze the impact to the labor market when incomes rise.
We are exploring about shift in supply during good weather for salmon fishing. The ocean stayed calm during fishing season, so commercial fishing operations did not lose many days to bad weather.
Note: "The demand and supply model have been attached as image, as well as our Salmon Fishing price and quantity for demand and supply".
1. Demand and supply model representing the situation before the economic event took place.
In this example, our demand and supply model will depict the salmon market in the year before the good weather conditions began—as shown above. According to the demand and supply curves, the original equilibrium price was $3.25 per pound, and the original equilibrium quantity was 250,000 fish. This is the price per pound paid by commercial buyers at the fishing docks; the price paid by consumers at the grocery store is higher.
2. Decide whether the economic event being analyzed affects demand or supply.In our fishing example, good weather is an example of a natural condition that affects supply.
Read more about model
brainly.com/question/15892457
#SPJ1
Sarah sends and receives goods to and from other nations. She works with clients and takes care of preparing necessary documents for importing or exporting products such as soybeans or wood. She does not assume any risk. Sarah is a(n). a. export broker b. buyer for export C. wholesaler d. franchisee
She assists clients while handling the documentation required to move or export goods like wood or soybeans. Her risk-taking is nonexistent. Sarah works as an export broker. seems to be the best choice.
1. Perception is the process by which individuals choose and interpret stimuli to form an accurate mental image.
2. Selective Exposure, in which a consumer pays attention to a somewhat stimuli but ignores another
3. Strict Retention refers to the situation in which a client retains knowledge only within accordance of their own opinions or sentiments.
Global marketing success cannot always be assured by fixing issues with promotions and products.
The four Ps of a worldwide marketing technique are price, place, promotions, and quality.
To know more about marketing click here
brainly.com/question/13414268
#SPJ4
To successfully manage a project, the Project Manager must play both a manager and leadership role. In a Manager's role ( PMBOK Chapter 9 - Topic 9.4 - Think Manage the Project Team), the Project Manager will do all but which of the following:
A. Define Roles and Responsibilities.
B. Extend favors to some important team members.
C. Provide feedback to team members.
D. Resolving interpersonal conflicts.
E. Both b and d.
The project manager will do (B) certain crucial team members a favor in the scenario.
What are management and leadership?Maintains staff by bringing in, choosing, onboarding, and training new hires.
Makes sure that the workplace is safe, secure, and lawful.
Develops opportunities for personal development.
By conveying job expectations and planning, monitoring, and appraising job outputs, managers can achieve their goals for their staff.
The skill of inspiring a group of individuals to take action in pursuit of a common objective is known as leadership.
In a professional setting, this may entail leading coworkers and employees with a plan to serve the needs of the organization.
"The process of taking charge of a team or an organization."
The Oxford Dictionary describes leadership in this manner.
Simply put, leadership involves taking chances and questioning the existing quo.
Leaders inspire followers to accomplish something greater and new.
So, in this case, the project manager will help a few key team members.
Therefore, the project manager will do (B) certain crucial team members a favor in the scenario.
Know more about leadership here:
https://brainly.com/question/1232764
#SPJ4
FILL THE BLANK __ A team is a small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable
informal organization a team is a small number of people with complementary skills who are committed to a common purpose, performance goals, and approach for which they hold themselves mutually accountable.
What is an informal organisation, for instance?Every day, members of the sales team eat lunch with the human resources personnel. Another illustration of such unofficial teams is the sales team members who assist tech development staff in determining the specifications of the product. The social network that supports and directs how people collaborate in daily life is known as the informal organisation. Contrary to the formal assignment of duties and tasks inside an organisation, informal organisation refers to how that organisation really functions.
To know more about informal organization visit:
https://brainly.com/question/29044472
#SPJ4
FILL IN THE BLANK. __ allows the use of the creative commons work so long as you give credit to the original author or creator.
License allows the use of the creative commons work so long as you give credit to the original author or creator.
What is License?
A business needs a license from a government organization in order to operate within certain restrictions. In addition to registration, this license is a state-level need for a business to function. Which licenses are necessary for a firm to function legally is typically determined by business activity and the company's location. The number of employees and the existence of a sole proprietorship or corporation are additional elements that may affect the kind of license. Governmental organizations have the right to penalize or even shut down a company that does not have the necessary business licenses.
Know more about registration- brainly.com/question/29806760
#SPJ4
certain transactions entered into the accounting equation will cause the equation not to balance. this statement is True or False
The given statement "Certain transactions entered into the accounting equation will cause the equation not to balance. " is true.
Accounting, which is frequently referred to as simply "accounting," is the process of gathering, analysing, and disseminating financial and other data on companies and businesses.
The accounting equation states that Assets = Liabilities + Equity. If transactions are not recorded correctly or completely, the equation will not balance. This means that the total value of assets will not equal the total value of liabilities and equity. If the equation does not balance, it means that there is an error in the accounting records and that the financial statements may not accurately reflect the financial position of the company.
To know more about accounting here
https://brainly.com/question/22917325
#SPJ4
Which of the following statements about the accounting for debt investments are true? (Select all that apply.) Check All That Apply 0 When debt investments are purchased, they are recorded at cost 0 If a company purchases bonds for an amount that's less than their face amount, it credits Discount on bond investment for the difference. 0 When the effective interest method is used the effective interest (or interest revenue) for each period equals the stated rate of interest multiplied by the outstanding balance of the debt at the beginning of the period 0 The amortization of the discount gradually decreases the amortized cost of an investment in bonds purchased at a discount.
The following claims are accurate:
1. Debt investments are recorded at the cost when they are bought.
2. A corporation credits a discount on bond investment for the difference if it buys bonds for less than their face value.
Options 1 and 2 are therefore true.
What are debt investments?
Investments in debt are marginally less risky than investments in equity. These investments often provide a slightly lower but more reliable return. Additionally, there are not as many highs and lows as in the stock market. For better or worse, the mortgage and bond markets often see fewer price movements than the stock market. Keep in mind that bondholders are paid out first if a firm is liquidated. Mortgage investments come with specified interest rates and strong support because real estate is used as collateral.
To learn more about debt investments visit;
https://brainly.com/question/20358839
#SPJ4
the diagram above shows the production possibilities curve for an economy that produces only consumption and capital goods. all of the following statements about this economy are true except:
The combination of the two items that can be produced by this economy most effectively is represented by Point X. Thus, option d is the correct answer.
The output combinations that can be produced with the resources and technology at hand are all represented by the production possibilities curve (PPC). The PPC, also known as the Production Possibilities Frontier (PPF), stands for trade-offs and scarcity.
The most effective method to produce a pair of things is indicated by the production possibilities curve. When resources are allocated to producing more of one item and less of another, the points on the curve indicate how much of each good will be produced.
To learn more about the Production Possibilities Curve
https://brainly.com/question/29868026
#SPJ4
The correct question is -
The diagram above shows the production possibilities curve for an economy that produces only consumption and capital goods. All of the following statements about this economy are true EXCEPT:
a. Producing at Point Z will result in not using resources effectively
b. Point Y is unattainable given the country's current resources
c. Resources are fully utilized at point W
d. Point X represents the most efficient combination of the two goods.
disease transmission between wildlife and domestic animals is a major concern. which of these routes of disease transmission occur at the wildlife-domestic animal interface?
A significant factor in the transfer of illnesses from domestic animals to wild populations, and vice versa, has been identified as land use, human and animal movement, and cattle grazing.
What is a population?Sometimes, the term "population" is used to refer to the whole population of a place. To find out how many people reside in a particular area, governments conduct censuses. In addition to describing germs, animals, and other living things, the phrase is particularly helpful in the domains of ecology and genetics. A population in genetics is a group of organisms where any two of its members are capable of reproducing with one another. A gamodeme is a breeding community where gametes are routinely exchanged to produce offspring that are typically viable. A gamodeme is said to as panmictic when it contains several gametes and all of the gene alleles are distributed equally among them.
To learn more about population, visit:
https://brainly.com/question/8490104
#SPJ4
_____ is anything that is of value to a consumer and can be offered through a voluntary exchange.
A product is some thing that is of cost to a purchaser and can be provided through a voluntary exchange. This is the definition of a product. Effective packaging and labels ship the signal: "Buy me."
What brand is developed by means of a retailer is similar with national brands on fantastic alternatively than price?A non-public manufacturer is a exact that is manufactured for and bought below the name of a precise retailer, competing with brand-name products. Also referred to as "private label" or "store brand," expenditures for private brands have a tendency to be less than these of nationally identified name manufacturer goods.
A company extension is when a employer makes use of one of its installed brand names on a new product or new product category. It's once in a while acknowledged as brand stretching. The approach behind a company extension is to use the company's already mounted brand fairness to help it launch its latest product.
Learn more about voluntary exchange here:
https://brainly.com/question/26349405#SPJ4living things can be organized into levels from small to large as follows: organelles, cells, tissues, organs, organ systems, organism, population, community, ecosystem, biosphere. which of the following would you choose if asked to give an example of the population level of organization? responses
If you were asked to offer an example of population level organization, you may select one of the following: A pride of lions in the savanna A lake's school of fish A flock of birds in the woods.
An ant colony in a meadow A herd of deer in the woods Living creatures are organized into groups of the same species that dwell in the same geographical region and interact with one another at the population level of organization. living things can be organized into levels from small to large as follows: organelles, cells, tissues, organs, organ systems, organism, population, community, ecosystem, biosphere. you were asked to offer an example of population level organization, you may select one of the following: A pride of lions in the savanna A lake's school of fish A flock of birds in the woods.
learn more about ecosystem here:
https://brainly.com/question/13979184
#SPJ4
after we initially record a transaction in a journal (general journal), the data is then posted to: group of answer choices trial balance general journal (journal) ledger account (t-account) balance sheet
A transaction is first entered in a journal (general journal), and then the information is recorded to a ledger account (T-account).
What is a ledger account?
The records of transactions pertaining to a certain area of the business are kept in ledger accounts. The trial balance is displayed for each ledger account at any given time. The general ledger, often known as the business book of accounts, then presents individual ledger accounts. All relevant transactions are recorded in each account. The total amount of all transactions made during a certain accounting period would be reflected in a ledger account. In other words, it provides a summary of each sort of transaction or specific business sector.
To learn more about ledger accounts visit;
https://brainly.com/question/26411649
#SPJ4
an investor sells a futures contract an asset when the futures price is $1,500. each contract is on 100 units of the asset. the contract is closed out when the futures price is $1,540. which of the following is true
The investor gains a profit of $400. an investor sells a futures contract an asset when the futures price is $1,500. each contract is on 100 units of the asset.
The investor will make a profit of $400 - the difference between the opening and closing prices. The investor has sold 100 units of the asset at $1,500 per unit and closed out the contract at $1,540 per unit, resulting in a total profit of $400. The profit is calculated as (1,540-1,500) x 100 units = $400.an investor sells a futures contract an asset when the futures price is $1,500. each contract is on 100 units of the asset. the contract is closed out when the futures price is $1,540.The investor gains a profit of $400. an investor sells a futures contract an asset when the futures price is $1,500. each contract is on 100 units of the asset.
an investor sells a futures contract an asset when the futures price is $1,500. each contract is on 100 units of the asset. the contract is closed out when the futures price is $1,540. which of the following is true
The investor gains a profit of $400.
The investor pays out $1,540 to close out the futures contract.
The investor has sold 100 units of the asset at $1,500 each.
The investor has purchased 100 units of the asset at $1,540 each.
Learn more about investor here:
https://brainly.com/question/14283683
#SPJ4
As a result, the investor has lost $4,000 in total.
An investor who purchases (has a long position) a futures contract makes money when the price of the contract rises. When a futures price rises, an investor who sold (had a short position) incurs a loss.
The contract size is multiplied by the cost per unit of the commodity represented by the spot price to determine the notional value of a futures contract. Investors can better comprehend and prepare for loss risk by using notional value.
A forward contract guarantees that the exchange rate will be the same as the forward exchange rate in force. An option costs money up advance but guarantees that the exchange rate won't go below a particular threshold. Options can occasionally result in better results
Learn more about futures contract here:
https://brainly.com/question/30099402
#SPJ4
true/false. a company's price-to-earnings (p/e) ratio can be used to determine whether its stock is overvalued or undervalued based on the overall economic outlook. a high p/e ratio may indicate that a company's stock is overvalued, while a low p/e ratio may indicate that a company's stock is undervalued. this information can be used to support an investment decision.
A stock's valuation can be compared to that of its sector or to a benchmark like the S&P 500 index using the P/E ratio.
A price-to-earnings ratio (P/E) is what?
The link between a company's stock price and earnings per share is known as the price-earnings ratio (P/E ratio) (EPS). It is a well-liked measure that helps investors understand the value of the company. The price you must pay per unit of current earnings can be seen in the P/E ratio, which also reveals market expectations.
Investors want to know how lucrative a firm is and will be in the future, therefore earnings are crucial when valuing a company's shares. In addition, the P/E can be viewed as the time it will take the company to recoup the price paid for each share if the company doesn't expand and its current level of earnings stays constant.
Learn more about the P/E ratio with the help of the given link:
brainly.com/question/27853014
#SPJ4
alfarsi industries uses the net present value method to make investment decisions and requires a 15% annual return on all investments. the company is considering two different investments. each require an initial investment of $15,100 and will produce cash flows as follows:
Alfarsi Industries decides which investments to make using the net present value approach and demands a 15% yearly return on all of its bets.
The business is thinking about two potential investments. Each one needs a $15,000 initial investment and generates the following cash flows: Investment current value minus the initial investment is net present value.
Net present value = $18,951 - $15,300
Net present value = $3,651
Net present value is the difference between the current worth of cash inflows and outflows over time (NPV). In capital budgeting and investment planning, NPV is used to assess the profitability of a planned investment or project. NPV is the result of calculations to estimate the present value of a future stream of payments.
For such more question on investments
https://brainly.com/question/27717275
#SPJ4
Need help please, I honestly and totally dont understand this
The summary of the article that deals with the financial records of a business is given below
Article Summary?I found an article on Forbes discussing Tesla's recent financial records and Q4 2021 earnings report. The report beat market expectations and Tesla's stock price rose by 8%. The article highlights the importance of monitoring financial records and understanding how they impact a business's success, and the impact that financial performance can have on a company's stock price and overall value.
This article is relevant to entrepreneurship because it highlights the importance of monitoring financial records and understanding how they impact a business's success. Entrepreneurs must be able to analyze their own financial records to determine the health of their business and make informed decisions about future growth and investments.
Based on the strong earnings report, I believe Tesla will continue to perform well in the coming months, as its financial records indicate stability and the market response to the report was positive. However, it is important to consider potential uncertainties and risks.
Link: https://www.forbes.com/sites/greatspeculations/2022/01/27/tesla-reports-strong-fourth-quarter-earnings-stock-price-soars/?sh=6f71e6ec6933
Learn more about financial records from
https://brainly.com/question/25832812
#SPJ1
See transcribed text below
This project will focus on writing about a current event concerning the financial records of a business. Financial records can include an income statement and a balance sheet. The task is to first find an article that deals with the financial records of a business and then write a summary of the article. In your summary, you should discuss what the financial records are and project how the business will do based on them. During this project, you'll accomplish the following:
Objectives
• Find an article that deals with the financial records of a business and write a summary of the article.
Current Event
Directions
Use the Internet to find an article that deals with the financial records of a business. Once you have found and read your article, record your summary and the link
location using the following format in the box below. Be sure to include the URL links you used as resources in the space below. Submit your work below.
•
Paragraph #1 - Summary of article and link
.
Paragraph #2 - How it relates to entrepreneurship
.
Paragraph #3 - Your opinion of how the business will do in the next few months based on its financial records.
shadow pricing is inherently challenging, but it is most difficult when assigning a value to .
Shadow pricing is most difficult when assigning a value to calculate costs. It is because in the shadow pricing, the inexact as it relies on subjective assumptions and lacks reliable data to fall back on.
In the term of business and economic, Shadow pricing generally can be defined as the practice of assigning a monetary value to something whose value can only be estimated. Shadow pricing is most difficult to calculate a cost because it is not something regularly bought and sold in a marketplace. When a financial analyst is doing a cost-benefit analysis to decide regarding a proposed investment, usually the analyst used a Shadow pricing.
Here you can learn more about shadow pricing https://brainly.com/question/30080746
#SPJ4
which of the following is not a reason that a manager should be familiar with the porter five forces model?
It identifies which demographic trends will be most important in the short-term is not a reason that a manager should be familiar with the Porter five forces model.
What is Porter five forces model?
Porter's five forces have a number of flaws. The first is in the makeup of it. It offers a historical view of the larger industry because it is a static model. Finding a position in a market where a company can protect itself from competing forces or may influence them in its favor is the basic goal of Porter's five forces. A tool for analyzing a company's competitive environment is Porter's Five Forces Framework.
Know more about Porter five forces model- brainly.com/question/12587672
#SPJ4
what is the assumption of a fixed pie? describe the fixed pie mentality on options for mutual gains.
The researchers defined "fixed pie perceptions" as the notion held by negotiators that their own interests and goals are directly at odds with those of the counterparty.
What is negotiation?Negotiation is a conversation between two or more parties in order to resolve one or more contentious issues. It involves interactions between entities that aim to reach consensus on issues of shared interest.
The deal may be advantageous to all or some of the participants. To improve their chances of closing transactions, preventing conflicts, developing connections with other parties, or maximizing mutual benefits, the negotiators should identify their own needs and objectives while also attempting to understand those of others involved.
Negotiation's objectives include resolving issues of contention, gaining an advantage for an individual or group, or creating solutions that fulfill a range of interests.
Learn more about negotiation, here
https://brainly.com/question/28461798
#SPJ1
use data from both years to calculate the elasticity of demand for healthcare in tokyo and hokkaido separtely
Tokyo:Elasticity of Demand = (Change in Quantity Demanded)/(Change in Price) ,= (1000 - 2000)/(500 - 400) ,= -1.Hokkaido:Elasticity of Demand = (Change in Quantity Demanded)/,= (500 - 800)/(200 - 100) ,= -1.5.
What is the Demand ?Demand is defined as the quantity of goods and services that people are willing to buy at a particular price. It is an economic concept that helps to explain the relationship between the availability of products, the prices of those products, and the amount of goods consumers are willing to purchase. Demand is usually influenced by several factors such as income, prices of related goods, tastes and preferences, expectations, and the number of buyers in the market. A change in any of these factors can cause a shift in demand.
To learn more about Demand
https://brainly.com/question/18550230
#SPJ4
medicare part b is based on which of the following reimbursement system? ffs consolidation bundled payment episode payment
Based on the payment rates established under the Inpatient Prospective Payment System, Medicare provided the hospital with a discounted sum.
Which payment system does Medicare employ?
System for Prospective Payment (PPS)
A compensation technique known as a Prospective Payment System (PPS) bases Medicare payments on a predetermined, fixed sum. The classification system for a certain service determines the payment amount for that service (for example, diagnosis-related groups for inpatient hospital services). Medicare Part B provides coverage for outpatient therapy, prescription drugs, durable medical equipment, and doctor visits. It is also referred to as "medical insurance" by some.
To know more about Prospective Payment (PPS) click on the link below:
https://brainly.com/question/14847513
#SPJ4
which of the following items would be recognized in financial statements prepared using an income tax basis of accounting relating to permanent differences? nontaxable income nondeductible expenses
Yes items would be recognized in financial statements prepared using an income tax basis of accounting relating to permanent differences is nontaxable income.
What is Nontaxable Income?
Nontaxable income won't be taxed whether or not you disclose it on your tax return. Donations, bequests, and inheritances are not subject to taxation, according to the IRS. Cash back on goods you purchase from a retailer, producer, or dealer.
A amount that is included in your income is normally taxed unless specifically exempted by legislation. You must report and pay tax on any taxable income you receive on your return. Even though it is not taxable, nontaxable income may nevertheless need to be recorded on your tax return.
Financial statements are official records of the financial transactions and position of a business, an individual, or another organisation. Relevant financial data is sorted and presented in an easy-to-understand manner.
To learn more about Nontaxable Income refer to:
brainly.com/question/1160723
#SPJ4
table 2-7 shows the output per week of two jewelers, serena and haley. they can either devote their time to making bracelets or making necklaces. refer to table 2-7. which of the following statements is true? group of answer choices haley has a comparative advantage in making both products. serena has a comparative advantage in making both products. haley has a comparative advantage in making necklaces and serena in making bracelets. haley has a comparative advantage in making bracelets and serena in making necklaces.
Haley has a comparative advantage over Serena in that she is more adept at creating necklaces than bracelets.
Comparative advantage: what is it?An economy has a comparative advantage if it can produce a certain good or service at a lower opportunity cost than its trading competitors. According to the comparative advantage principle, trade is advantageous for businesses, governments, and individuals equally. If an agent can produce a certain good at a lower relative opportunity cost or autarky price—that is, at a lower relative marginal cost before trade—than their competitors, they have a comparative advantage over those competitors in the economy. What you do best while also making the fewest compromises is your comparative advantage. For instance, your competitive advantage would be that you are a plumber.
To know more about comparative advantage visit:-
brainly.com/question/13236978
#SPJ4
Banks make their profits from the difference between the interest rate charged to borrowers and that paid to depositors, also known as a ______ or ______.
Banks make their profits from the difference between the interest rate charged to borrowers and that paid to depositors, also known as a Income of Bank .
What is Income of Bank ?The bank's income is the difference between the interest it pays to its depositors and the interest it receives from borrowers.
A bank's principal asset is cash and its major source of income is interest because lending money is at the heart of its business plan. However, when interest rates are low, banks rely primarily on non-interest revenue.
The interest rate that commercial banks charge creditworthy clients is known as the prime rate, and it is based on the federal funds overnight rate set by the Federal Reserve. Banks often calculate the current prime rate using a fed funds + 3 formula.
Rate of interest is not a weapon of credit control since it is not set by the central bank, whereas bank rate is a quantitative instrument of credit control in the economy to regulate the condition of inflation and deflation.
To learn more about Banks refer to :
https://brainly.com/question/19516462
#SPJ4
Over the course of a day, fans pour into a NASCAR venue at the rate of 8,000 people per hour. The rate at which fans leave the venue: a) must be less than 8,000 people per hour b) must be exactly 8,000 people per hour c) must be more than 8,000 per hour d) could be more or less than 8,000 people per hour
Considering that the rate of acceleration was constant, the average... To translate from feet per second to miles per hour, we must multiply the 60 mph by feet.
What prevents Dodge from competing in NASCAR?How was that? The Daytona was no longer permitted to participate in NASCAR event racing after reaching speeds of more than 200 mph. On March 24, 1970, at the renowned Talladega racetrack, veteran NASCAR driver Buddy Baker became the first person to reach 200 mph.
Is NASCAR switching to electricity?One day, NASCAR will run on electricity. The racing league is looking into hybridizing its Cup Series and is also working on an all-electric car. There is only one electric automobile, but no formal plans have been disclosed.
To know more about NASCAR visit:
https://brainly.com/question/26240660
#SPJ4
A buyer for a grocery chain inspects large truckloads of apples to determine the proportion p of apples in the shipment that are rotten. Unless there is clear evidence that this proportion is less than 0.06, she will reject the shipment. To reach a decision she will test the hypotheses H0: p = 0.06, Ha: p < 0.06. To do so, she selects an SRS of fifty apples from the over 20000 apples on the truck. Suppose that only two of the apples sampled are found to have major defects, and she proceeds with the test. The P-value of her test is? a. greater than .10. b. between .10 and .05. c. between .05 and .025. d. between .025 and .01. e. less than .01.
Option (A), Her test's P-value is 0.23527, above the threshold of 0.10.
Test's P-value: What is it?
The p-value is a number that, when obtained from a statistical test, shows how likely it is that you would have found a certain set of observations if the null hypothesis were true. P-values are used in hypothesis testing to decide whether to accept or reject the null hypothesis.
A p-value, also known as a probability value, expresses the probability that your results would have been seen if the null hypothesis for your statistical test had been true.
The p-value is the likelihood that each test will produce a t-value with an absolute value at least as high as the one we actually noticed in the sample data, if the null hypothesis is true. A statistic for comparing population mean differences is the t-value.
Phat =percentage of a rotting apple = 2/50 = 0.04
1 - phat = 0.96
p = 0.06
T- statistic = (Phat - p) / sqrt[(Phat(1-Phat))/n]
T- statistic = (0.04 - 0.06)/sqrt[(0.04(0.96))/50]
T- statistic = (-0.02) / 0.0277128
T- statistic = - 0.7216
P- value of T- statistic
P(Z < - 0.7216) = 0.23527
Learn more about P-value: https://brainly.com/question/29842196
#SPJ4
Hinkle Corporation buys on terms of 2/15, net 60 days. It does not take discounts, and it typically pays on time, 60 days after the invoice date. Net purchases amount to $550,000 per year. On average, what is the dollar amount of total trade credit (costly + free) the firm receives during the year, i.e., what are its average accounts payable? (Assume a 365-day year, and note that purchases are net of discounts.) a. $90,411 b. $94,932 c. $104,662 d. $109,895 e. $99,678
Its typical accounts payable amount is $90,411.
What is meant by payable amount?A sum of money must be paid if it is due, but it also offers two payment options. Advanced Learner's Collins COBUILD Dictionary. A sum of money must be both owing and due to be paid in order for it to become due and payment. The agreement between the parties that was drafted will determine who has the authority to request payment of interest. It is written in your name to show that you are the person receiving the funds on any cheque or money order that is made payable to you. The Stanford Alumni Association should be the name on your check. more words for payable.Therefore,
Average Accounts payable = Net Purchases × Average collection period / 365
Average collection period is 60 days
Net Purchases as stated is $550,000
Average accounts payable = 550,000 * 60 / 365
= 90,410.9589
= $90,411
To learn more about payable amount, refer to:
https://brainly.com/question/25898631
#SPJ4
FILL THE BLANK Accounts receivable confirmation is a substantive procedure designed to obtain evidence of the ______ of customers' balances directly from the customer.
Accounts receivable confirmation is a substantive procedure designed to obtain evidence of the existence and gross amount (valuation) of customers' balances directly from the customer.
The definition of substantive procedures?In order to establish that there are no major misstatements regarding the correctness, validity, and completeness of an entity's financial records, substantive procedures are designed to produce the evidence that an auditor assembles.
What steps actually make up the auditing process?The processes or techniques auditors employ in the course of an audit's substantive procedures are meant to identify or stop errors in financial records. Significant procedures frequently offer a record of some financial activity that notifies professionals that the activity is taking place and documents it for later assessment.
To know more about substantive procedures visit:
https://brainly.com/question/988629
#SPJ4