Juanita makes $56 an hour at work. She has to take time off work to purchase her skirt, so each hour away from work costs her $56 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling.
Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location.

Answers

Answer 1

Answer:

1 hour and a 1/2

56/2= 28

56+28= 84

$84

Explanation:

Well it takes her 30 minutes to shop, 30 minutes to get there, and that means 30 minutes to leave.

I hope this helps!

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Have an amazing day!


Related Questions

The United States restricts imports but, at the same time, supports the WTO and international banks whose objective is to enhance world trade. As a member of Congress, how would you justify this contradiction to your constituents?

Answers

In my capacity as a member, I would like to make the case for the World Trade Organization (WTO) and other international banks to make use of the many export promotion and assistance programs that the United States offers in order to acquire trade finance and maximize asset utilization for the purpose of achieving financial stability.

This is further explained below.

What is World Trade Organization?

Generally, The World Commerce Organization (WTO) is a multilateral organization that was established with the purpose of regulating as well as facilitating international trade.

In conclusion, When it comes to establishing, revising, and enforcing the laws that regulate international commerce, governments turn to this institution for assistance.

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Frank Petronick decided to start an accounting practice after graduation from college. The following is a list of events that occurred concerning Frank’s practice.
June 1: After shopping around, Frank found an office to lease and signed a lease agreement. The lease calls for a payment of $1051 rent per month.

June 4: Frank borrowed $3840 from his grandmother to assist in starting up his new business

June 4: deposits the $3840 plus $534 of his own cash in a new bank account at BMO under the name Petronick Accounting Services.

June 6: Paid the landlord the first month’s rent.

June 8: purchased furniture for $3290 on account

June 11: moved into the office and obtained the first assignment from a client to prepare year end financial statements for $1868

June 15: Performed the work on the assignment and sent an invoice to the customer for $1868

June 15: Paid half of the amount of the June 8 purchase of furniture

June 18: Purchased supplies on account for $339

June 26: paid for internet services, $53 cash

June 28: collected $903 of June 15 billing to the customer

June 30: withdrew cash from the business of $135 for personal expenses

A) prepare a tabular analysis of the effects of the above transactions on the accounting equation.

Answers

The accounting equation will be depicted in the debit and the credit form.

What is an accounting equation?

An accounting equation can be defined as the transaction with her around two or more transactions with the balance out of the cash book trial balance as well as the account ship.

In the given question the date June 1 and June 4 would not be recorded as this is not considered an accounting transaction or a financial transaction as they are to be paid in the near future, but the rest of the recordings will be counted and accounted for in debit and the credit in the journal entry.

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concept of the value in marketing

Answers

In marketing, value is defined as the difference between a prospective customer's appraisal of the benefits and costs of one product versus others.

What is the market value?

Market value is the price that purchasers are willing to pay for an asset in the marketplace. In the case of publicly traded assets or entities, it is also known as market capitalization and is computed by multiplying the current price by the number of outstanding units.

There are a number of components that go into establishing the market value of various assets, such as corporations, and real estate, it involves a lot more than knowing share prices.

The value of intangibles and the future worth of linked assets can also be considered in determining corporate market value. Market value is more than a price; it reflects the genuine underlying value, not just the perceived value.

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1. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain

2. Assume that when a purchase of supplies of $2,650 for cash was recorded, both the debit and the credit were journalized and posted as $2,560. (a) Would this error cause the trial balance to be out of balance? (b) Would the trial balance be out of balance if the $2,650 entry had been journalized correctly but the credit to Cash had been posted as $2,560?

Answers

1. If the two totals of a trial balance are equal, it does not mean that the accounting records are free of errors.

2a) The error of commission cannot cause the trial balance to be out of balance.

2b) If the $2,650 entry had been journalized correctly but the credit to the Cash had been posted as $2,560, the trial balance would not balance because another account was debited with $2,650.

What are the errors that do not affect the trial balance?

The errors that do not affect the trial balance or cause it to be out of balance include:

Errors of principleErrors of original entryErrors of omissionErrors of commissionCompensating errors.

A trial balance will be out of balance if an error is made on one side of the ledger.

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While shopping for prom dresses, Madison bought the second dress she tried on. As soon as she put on the dress, she immediately thought that it "just felt
Which evaluative criteria choice did Madison use when choosing her dress?

Answers

Answer:

It just felt right

Explanation:

Corporate strategies are increasingly focused on environment social and governance practices with the regulators looking to adopt new standards. Please comment on how businesses can take responsibility of their ESG practices and how these factors will impact their obligations and behaviours to drive a sustainable business

Answers

Company strategies are increasingly centered on environmental social and governance practices with the regulators looking to adopt new standards: statement on Environmental, Social, and Governance Disclosures for investment Advisers and investment agencies Commissioner Hester M.

While absolutely defined, a company strategy will paint to set up the overall price of a business, set strategic dreams, and motivate personnel to gain them. it's far a non-stop system that should be carefully tailored to respond as it should be to converting conditions inside the marketplace.

Kinds of Company strategies – four foremost kinds: stability strategy, enlargement strategy, Retrenchment strategy, and a combination strategy. The corporate level prevalent strategies pertain to figuring out the businesses the business enterprise shall be engaged in. primary duties: corporate strategists or “enterprise strategists” examine cutting-edge commercial enterprise techniques and expand and put into effect new techniques to improve upon contemporary consequences and/or to fulfill new desires.

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Discuss five strategies that the chosen business can use to become profitable​

Answers

Strategies that the chosen business can use to become profitable.

When businesses formulate a method, it facilitates their understanding of their strengths and weaknesses. This way, they are able to capitalize on what they may be appropriate for and enhance their weaker elements. It ensures that every issue of a business is deliberate. this means extra performance and higher and greater effective plans.

Make strategic making plans a top priority. preserve a near eye on your competitors. paintings to increase your purchaser base.stay near your customers.display profit margins.

When businesses formulate a strategy, it facilitates their understanding of their strengths and weaknesses. This way, they can capitalize on what they may be excellent at and enhance their weaker factors. It guarantees that each component of an enterprise is planned. this indicates more performance and better and greater powerful plans.

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I plan to put $500 per quarter into an account with 6% interest. how much interest will I earn in the first quarter

Answers

I'll make $7.5 interest throughout the first three months.

Describe interest.

In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate. It is not the same as a fee that the borrower might pay to the lender or another entity.

In the first quarter, I will receive the following interest:

Principal = $500

Interest = 6% = 0.06

Time = 3 months

Interest = P X R X T

Interest = 500 X 0.06 X 3/12

=$7.5

How can you figure out interest?

By dividing the account balance by the interest rate and the length of time the money has been in the account, you can get the simple interest earned on a savings account. Interest equals P x R x N is the fundamental interest formula.

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Which of the following would generally be true about the international price as compared to the domestic price in an International Supply Curve? A. The domestic and international prices are equal. B. The international price is higher. C. The international price is lower.​

Answers

Answer:

A number is a correct answer

In the graduate program at Herringbone University, students are allowed only one missed class per semester or they face academic discipline. Three female students have approached you as the diversity and ethics officer with a concern about the policy They explain that they all have young children (as do many students in the program), and getting childcare during class times is difficult because some of the classes don't end until 8:00 in the evening. They feel the policy is unfair, especially since the university doesn't offer any support. leniency in policy, or childcare options. In addition, the location of the university (an upper middle class neighborhood where most children have at least one parent at home) is not where most students live (a neighborhood where most children have two working parents or a single working parent)

Answers

As a Diversity and Ethics Officer I would respond to the issue by raising a request for a day/evening care for children (free or at a lowest possible rate) and starting a bus route.

What is University?

A university is a place to study where the students study after their high school. Studying at university gives them a Bachelor's degree.

The concerns of the students are true and I am responsible to respond them and their issues. The issue of child care can be raised to start a day/ evening care at the university where the students can study without caring for their child.

Also the traveling issue can be resolved by starting a bus route by the university itself or alternatively the local authorities can be asked to start a bus route that will enable the students to travel to and from university.

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ASAP Please

Shelly purchased a $50,000 nonparticipating whole life insurance policy. The annual premium was $1,278. The cash value of the policy after 10 years will be $13,740. Assuming 5 percent interest, what is the surrender cost of this policy, per thousand per year, over the first 10 years the policy is in force?

Answers

The Per a thousand surrender cost is $4.75 over the first 10 years the policy is in force in a nonparticipating whole life insurance policy by Shelly.

What does the surrender cost?

The surrender cost means the price that is being lived on the customer, this is because the policyholder is canceling their policy.

Annual Premium  = $1278

Cash Value  = $13,740

Interest rate = 1.3127%

The future value of $1 deposited at the start of the year at 5% is $13.207

Let the future value = $13740

amount to be deposited per annum

= $13740/13.207 = $1040.36

Difference between the premium paid and derived annual payment

= $1278 - $1040.36 = $237.64

The difference per thousand per annum of, 50000 = $ 237.64/50

= $4.7528 or $4.75

Per a thousand surrender cost of the policy = $4.75

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A statement of cash flows classifies cash receipts and cash payments into what 3 categories of activity? For each category of activity, share 2 specific examples of both cash receipts and cash payments based on 2 different business scenarios of your choosing. The business scenarios you choose can be based on real or fictional companies. For example, if you chose Uber and the fictional MarksABunch Art Supplies company, you would share 6 examples of cash receipts and cash payments per company, each broken out into one of the 3 different categories of activity presented in a statement of cash flows.

Answers

Indeed, a statement of cash flows classifies cash receipts and payments into three categories of Operating, Investing, and Financing activities.

What are the three categories of activity?

The three categories of activity into which the statement of cash flows is divided are:

Operating ActivityInvesting ActivityFinancing Activity.

Some of the cash receipts and payments under these three categories are:

Operating Activities: Receipt of cash from customersPayments for materials from suppliers and vendorsCost of delivering raw materials and finished goodsPaying employees and managersPaying income taxesPayments or receipts of rent.

Financing Activities:Receiving cash from debtholdersRepaying long-term debtsPaying interestCash receipts from stock issuancePaying dividends to stockholders.

Investing Activities:Receipts from investment loansPayments for investment loansReceipt from the sale of assetsReceipt from the sale of marketable securitiesPayment for the purchase of assetsPayment for the purchase of marketable securities.

Thus, the operating activities differ from the financing and investing activities because the latter are not the organization's core activities.

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ASAP Please

Shelly purchased a $50,000 nonparticipating whole life insurance policy. The annual premium was $1,278. The cash value of the policy after 10 years will be $13,740. Assume a 5% interest rate. What is the traditional net cost of this policy, per thousand per year, over the first 10 years the policy is in force?

Answers

The traditional net cost per thousand per year is $- 1.92 is the traditional net cost of this policy, over the first 10 years the policy is in force of insurance policy.

What is the traditional net cost?

The shortfall in the business between premium payments as well as the total of dividend plus the cash equivalent of the insurance constitutes the traditional net cost.

Total premium over 10 years

= 10 x Annual premium

= 10 x 1,278 = $12,780

Cash value = $13,740

Net over 10 year

= 12,780 - 13,740

= -960

Net cost per year

= - 960 / 10

= -96

$50,000 non-participating cost whole life insurance policy

Hence, the traditional net cost per thousand per year

= - 96 / 50,000 x 1,000

= - 1.92

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What is the relationship between annual percentage rate (APR) and the true cost of credit?

Answers

The relationship between annual percentage rate (APR) and true cost of credit shows that they are directly proportional to each other.

The annual rate of interest that a person must pay on a loan or to receive interest on the bank account is known as the annual percentage rate (APR). APR is utilized for everything, including credit cards, mortgages, and auto loans.

True cost of credit is the overall price that the borrower must pay for the loan. It is determined by adding all expenses that the borrower must pay over the course of a loan (such as interest payments, fees, penalties, commissions, etc.).

Thus, it is evident that that the actual cost of the loan decreases as the annual percentage rate decreases.

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Select the correct answer from each drop-down menu.
How will you Identify a file type on your computer?
A file type is the standard used to
and information in a computer. All file types have unique
determine which program to use to open a particular file and to access its data.

Answers

Nepal is multi media is co on of this

Angie's car needs new tires. The tires will cost $700. She would rather get a used car, something newer than her current car. The used car she wants is $3,700, and her trade-in would be worth $2,500. Her old car gets twenty-two miles per gallon. The newer car gets thirty-one miles per gallon. Use the PACED decision process to decide what Angie should do. Show each step.

Answers

Answer:she needs to do what’s best for her

Explanation:

Using the PACED decision process, Angie should buy the new car.

What is the PACED decision process?

The PACED decision process is a decision-making guide for solving problems in a rational and systematic way.

The PACED process involves:

P: Problem DefinitionA: List the AlternativesC: Determine the Criteria (rules for evaluating or testing options)E: Evaluate the alternativesD: Decision-making

Following the PACED decision process, Angie should:

Step One: Define the problem she has with her old car (whether it is a question of tires or mileage).  If it is both, and she feels that a new car will solve the problem, then she could further consider buying the used car.

Step Two: Angie should exhaust the alternatives to solving her problem.  It could be that the old car could improve its mileage with new tires. Mileage per gallon is not the only basis for car replacement.  Other factors should be considered.

Step Three: From step two above, Angie should define the rule for evaluating her choices.

Step Four: This is the evaluation stage when Angie needs to undertake some computations, especially cost-benefit analysis.

Step Five: Angie should make her choice and go for it without further delay.

Data and Calculations:

Cost of tires = $700

Cost a used car = $3,700

Trade-in value for the car = $2,500

Amount to pay = $1,200 ($3,700 - $2,400)

Opportunity cost of replacement = $500 ($1,200 - $700)

Old car's mileage per gallon = 22 mpg

New car's mileage per gallon = 31 mpg

Thus, using the PACED decision process, Angie should buy the new car and spend an additional $500 in opportunity costs.

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The Vera Molding company has two alternatives for meeting a customer requirement for 8,700 units of a specialty molding. If done in-house, fixed cost would be $476,000 with variable cost at $40 per unit. Alternative two is to outsource for a total cost of $110 per unit.
What is the break-even quantity? Round your answer to the nearest whole number.

units

Should the firm make the 8,700 units in-house or outsource?

Firm should produce the molding
by outsourcing
.

Answers

Because the Break-even quantity is 4,430.38 units and lesser than  8,700 units, then, we should make it in-house.

What is the Breakeven quantity?

This refers to the number of incremental units that the firm needs to sell to cover the cost of a marketing program or other type of investment.

Contribution margin = Total cost - Variable cost

Contribution margin = $110 - $40

Contribution margin = $70

Fixed Cost = $350,000

Break-even quantity = $350,000 / $79

Break-even quantity = 4,430.37975

Break-even quantity = 4,430.38 units

In conclusion, as the Break-even quantity is 4,430.38 units and lesser than  8,700 units, then, we should make it in-house.

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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?

Answers

Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.

The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative.  benefits foregone by using no longer choosing an alternative direction of motion.

Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.

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ETHICS Sophia negotiated a contract with Pete under which she would buy his company for $10 million plus the amount of the company’s outstanding debt (approximately $1 million). But when Pete sent a draft of the contract, it stated that the purchase price would be $10 million less the company’s debt. What is Sophia’s ethical obligation to Pete? Should she tell him about the mistake? What Life Principles would you apply in this situation? What would Kant say?

Answers

In exchange for buying Pete's business for $10 million plus the balance of its debt (about $1 million), Sophia and Pete arranged a contract. The purchase price, however, was $10 million less than the company's debt when Pete provided a draft of the deal. What ethical duty does Sophia have to Pete? Should she let him know about the error? Which life lessons would you apply in this circumstance? How would Kant respond?

It is Sophia's moral responsibility to inform Pete of the contract draft's inaccuracy and arrange for its correction When a contract error results in litigation, the court will only alter the terms of the agreement if there is convincing evidence that the parties meant to perform differently than what is specified in the agreement.  There is no evidence to back the claim because the agreement was designed such that Sophia would buy Pete's company for $10 million plus the amount of the company's existing debt, which rarely occurs against the terms of a contract by accident.  So if Sophia didn't tell Pete about the mistake, Sophia would win but Pete would lose. In this case, I would act morality's guiding ideals. In my opinion, Sophia should tell Pete about the mistake and act in a way that is morally proper given the situation. According to Kant, morality is founded more on upholding one's moral duties than it is on the outcomes of one's activities. Kant would then counsel Sophia to inform Pete of the error because it is morally required of her to tell the truth when entering into a contract.

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Suppose the market demand for cigarettes is given in the following table.

price (per pack) Quantity of demanded (millions of packs per year)
$10 2
9 4
8 6
7 8
6 10
5 12
4 14
3 16
Suppose further that smoking creates external costs valued at $2.00 per pack. Graph the market demand curve, the social demand curve, and answer two questions about the market and socially optimal quantities.

Graph the social and market demand curves.

If cigarettes are priced at $7 a pack,

Instructions: Enter your responses as whole numbers.

a. What is the quantity demanded in the market?

___ million packs per year

b. What is the socially optimal quantity?

____ million packs per year

c. If the government were to intervene and tax cigarettes, how large of a tax is needed per pack to achieve this optimal outcome?

$ ____per pack

Answers

If I did know the answer I would tell you but I don’t know so good luck to you

Kassidy's Kabob House has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return? Assume the market is in equilibrium with the required return equal to the expected return.

Answers

Cost of Preferred stock is 10% in this case.

Provided that the preferred stock would sell for $50 per share and that the corporation is required to pay a $5 dividend at the end of each year. As a result, Kassidy's Kabob House must incur a $5 annual cost in order to raise $50.

Because the preferred dividend would be adjusted after the tax cut, the tax rate has no effect on the cost. Cost of Preferred stock is equal to preferred dividend divided by price of preferred stock.

Cost of Preferred stock = 5/50

On solving the above we get, Cost of Preferred stock = 10%

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In cell B21, insert a function to calculate the median attendance for the year 2022

Answers

The total number of days of students' attendance is divided by the total number of days in the regular school year.

An attendance rate of 95% is generally considered good; this allows for children to miss 9.5 days across the school year. Persistent absence (PA) is defined as an attendance rate of 90% or below.

Divide the SUM TOTAL of Days in attendance by the SUM TOTAL of Days of membership for the school or district. 5. Multiply the statistic x 100 and round the number to the nearest tenth. This is your school or district's overall attendance rate.

Click on cell B21 and enter the below function and select an appropriate criterion.

To find the median in a range of cells, use the MEDIAN function.

Syntax for finding min is: MEDIAN(number1, [number2]

=MEDIAN(from cell to cell).

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While Davidson outlines several issues that the parties are actually not terribly divided on, he also outlines two issues that are hyper-partisan. What are these fiscal issues and why do you think that the parties are so divided? Do you lean towards the Democrat or Republican view on these issues?

Answers

Davidson mentions tweaking the fiscal answers of raising the social protection retirement age, lowering medical care for rich seniors, and raising clinical healthcare contributions.

The two fiscal issues that are hyper-partisan are as follows:

Army protection spending and problems of taxes.

- The events are so divided chiefly due to the fact they have got severe opposites points of view on several problems.

- at the issues, I lean towards the Democratic view.

Democracy is a form of government wherein the humans have the authority to planned and determine regulation, or to choose governing officials to achieve this. The U.S. is an example of Democracy, they have got a consultant democracy wherein the people choose the executive and Legislative officials for the debate over guidelines that hobby the humans.

Democracy is a gadget of government in which legal guidelines, rules, leadership, and principal undertakings of a kingdom or different polity are immediately or in a roundabout way decided via the human beings, a collection historically constituted through only a minority of the population.

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Four business leaders collaborate on an environmental initiative to benefit their local community. Agnes and Leo do It mainly to draw positive
attention to their businesses. Martinique does it because she is concerned that people who live in the area are not living in the healthiest
possible environment and wants to do all she can to improve conditions for them. Janelle does it because she grew up in that community and
wants to do all she can to help it prosper. Which of these business leaders BEST demonstrate altruism?

Answers

Four business leaders collaborate on an environmental initiative to benefit their local community. Agnes and Leo do It mainly to draw positive attention to their businesses. Martinique does it because she is concerned that people who live in the area are not living in the healthiest possible environment and wants to do all she can to improve conditions for them. Janelle does it because she grew up in that community and wants to do all she can to help it prosper. Which of these business leaders BEST demonstrate altruism.

Martinique does it because she is concerned that people who live in the area are not living in the healthiest.

Dan Harmon is the creator of the American comedy Community. The program aired on NBC for its first five seasons from September 17, 2009, to April 17, 2014, then on Yahoo! Screen for its last season from March 17, 2015, to June 2, 2015. The program had 110 episodes across its six seasons. In the sitcom, which is set at a community college in the fictional Colorado town of Greendale, Joel McHale, Gillian Jacobs, Danny Pudi, Yvette Nicole Brown, Alison Brie, Donald Glover, Ken Jeong, Chevy Chase, and Jim Rash are among the ensemble cast members. It frequently honors film and television clichés and tropes and frequently makes strong use of meta-humor and pop culture references.

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Hello,
I need help on how to put this formula into excel.

Create lookup functions to complete the summary section. In cell J20, create a formula using the VLOOKUP function to display the measured precipitation for the selected reservoir. Lookup the reservoir number (cell J19) in the range B10:J15, and return the value in the 2nd column number. Use absolute references for cell J19 and the range B10:J15.

Answers

The lookup functions you required for cell J20 are (=Vlookup,J19,B10:J15,9,1)

How can I enter this formula into the worksheet?

When writing the formula, press tab to choose vlookup, then choose the value you want to look up and add a comma. Then, choose the range of data you want to look up and add a comma. Finally, write the number of the column you want the data from and add a comma. Finally, there will be a choice of approximate or exact; choose 1 or 2 accordingly, then press enter.

What is the function VLOOKUP?

In Excel, there is a built-in function called VLOOKUP that enables searching across several columns. It has the following components and is typed: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup]) Note: The column that contains the lookup's data must always be on the left.

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Mr B aged 63 years, has earned rupees 75,00,000 out of his business . His ex- wife gifted him cash in account worth rupees 6 lakh. He spent a total of rupees 15 lakh during a family trip. He won a lottery of 19 lakh rupees. Out of happiness he gifted his wife cash of rupees 450000. He bought a life insurance policy and paid a premium of 50000 annually. He paid tuition fee for his daughter for rupees 50000. He invested rupees 80000 in PPF. One of his existing life insurance policy got matured and he received a total of rupees 32 lakh. Seeing his health conditions the doctor adviced him a medical test of rupees 6000 following he bought a health insurance for rupees 27000. Calculate his taxable income and tax liability.

Answers

Taxable Income is Rs 98,17,000, Taxable Liability is Rs 28,45,100

Taxable Income is the portion of a person’s or company’s gross income that the govt deems subject to taxes.

Taxable income consists of each earned and unearned income, on the other hand, Tax liability is the payment owed by an individual, Tax Liability is calculated according to the income of an individual and Tax% varies from0% to 30% depending on the income.

Income from business                             =  75,00,000

income from other sources

Lottery                                                       =  19,00,000

Life insurance maturity                            = 32,00,000

car gift from ex-wife                                 = 6,00,00

Gross Income                                          = 1,32,00,000

Deduction;

  LIC premium                                          = 50,000

  Tution fees                                             = 50,000

   PPF                                                        = 1,80,000

Max deduction                                         = 1,50,000

Health insurance                                      = 27,000

Medical tset                                              = 6,000

Total deduction =                                    32,00,00

Taxable Income is Rs 98,17,000

Taxable Liability is Rs 28,45,100

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Drill Problem 8-9 (Static) [LU 8-2 (3)]
What is the selling price of a complete set of pots and pans at Walmart? Assume actual cost is $66.50 and 40% markup on
selling price. (Round your answer to the nearest cent.)

Answers

The selling price of a complete set of pots and pans at Walmart $ 110.8.

The selling price according to unit method to find the price per unit from the profits announcement, divide sales with the aid of the number of units or amount offered to perceive the charge in keeping with unit

It has to allow a commercial enterprise to pay all of the costs of the product, pay operating charges, and gain earnings. clients depend upon selling prices to evaluate merchandise and to decide how to allocate their money. businesses depend upon selling rates to determine earnings from income and to acquire organizational goals.

We have a selling price = cost + Dollar markup

Here, 40% of the markup

So, let the selling price is X

Then,

    S = 66.5 + 0.45

∴ S = 66.5 / 1.04

     = $ 110.8

So, the selling price of a complete set is $ 110.83.

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Explain what is meant by the saying that consumers "vote" with their dollars every time they buy products in the marketplace

Answers

What is meant by means of pronouncing that consumers  "vote" with their greenbacks every time they purchase merchandise inside the marketplace when purchasers purchase something, they send a message to companies regarding their shopping for preferences, helping to direct use resources

The definition of a consumer is a person that buys goods and services. An instance of the customer is someone who purchases a brand new tv. A heterotrophic organism feeds on different organisms in a meal chain.

The consumer is the only one who's the end-person of any items or offerings. Any person, aside from the consumer who buys the product or offerings, and consumes the product via taking his/her permission is categorized as a customer.

Consumers represent the top trophic stages. not like producers, they can't make their personal food. To get electricity, they eat vegetation or different animals, even as some devour each. Scientists distinguish between numerous forms of customers. primary clients make up the second one trophic degree.

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1. The _____ is also known as location departmentalization, which is a logical structure and sells its goods in different regions.

A. Geographic structure
B. Matrix organisational structure
C. Multiple Departmentalization
D. Network Structure

2. A process in which managers make a decision as to what type of organisational structure is sufficiently aligned to the external environment and which is most appropriate to the strategies and plans of the organisation

A. Accountability
B. Coordination
C. Organisation design
D. Division of work

3. Emerges naturally from the social relationships which develop between the employees within the organisation.

A. Division of work
B. Job specialization
C. Unity of Command
D. Informal Structure

4. This entails a detailed analysis of work to be done and resources to be used, to accomplish the aims of the business.

A. Organising
B. Scalar Principle
C. Unity of Command principle
D. Job design

5. The organisation design process involves the following steps except_____

A. Reflect on plans and objectives
B. Establish major task and activities
C. Design jobs and assign to employees
D. Identify top level managers

6. The Spokesperson role of a manager involves passing on information received to individuals within the organisation who would benefit from it.

A. True
B. False

7. The formal organisational structure emerges naturally from the social relationships which develop between the employees within the organisation.

A. True
B. False

8. The _____ builds on the features of the network organisation and is a streamlined model that fits rapidly changing and dynamic business environment.

A. Network Structure
B. Geographic Structure
C. Virtual Network Structure
D. Customer based Structure

9. The second step of the organisation design process is

A. Design jobs and assign to employees
B. Define worker relationships
C. Reflect on plans and objectives
D. Establish major task and activities

10. The ____ is a divisional structure where each product or business line is handled by a self-contained division within the business.

A. Team Structure
B. Product structure
C. Virtual Network
D. Matrix Structure

Answers

The Geographic structure is likewise called location departmentalization, that's a logical structure that sells its goods in special areas.

In geography, area or location are used to denote a location (point, line, or region) on the planet's floor or elsewhere. The term location commonly implies a better diploma of truth than region, the latter often indicating an entity with an ambiguous boundary, relying greater on human or social attributes of region identification and feel of vicinity than on geometry.

Definition of location: a position or website occupied or available for occupancy or marked by using a few distinguishing functions: state of affairs tons of the attraction of the house is in its vicinity. b(1): a tract of land designated for a reason the area for mining declare. (2) Australia: farm, station.

Location either refers back to the actual range and longitude coordinates (absolute region) of something on this planet's surface, or it describes something's role in connection with something else (relative area). place, on the other hand, refers back to the bodily and human characteristics of a niche on the map.

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at the beginning of the year, a firm has current assets of 315 and current liabilities of 219. At the end of the year, the current assets are 467 and the current liabilities are 259. What is the change in net working capital

Answers

Answer:

at the beginning of the year, a firm has current assets of 315 and current liabilities of 219. At the end of the year, the current assets are 467 and the current liabilities are 259. What is the change in net working capital

Based on the current assets and liabilities at the beginning of the year and the end, the change in net working capital is $152

How did net working capital change?

Net working capital can be found as:

= Current assets - Current liabilities

Beginning of year net working capital:

= 315 - 219

= $96

End of year net working capital:

= 467 - 259

= $248

The change in net working capital is:

= 248 - 96

= $152

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