Jasmine Co. has two alternative opportunities. Opportunity A has revenues of $100,000, variable costs of $60,000, and fixed costs of $20,000. Opportunity B has revenues of $120,000, variable costs of $60,000, and fixed costs of $32,000. What is the incremental profit?

A $0

B $12,000

C $8,000

D $20,000

Answers

Answer 1

C $8,000 The correct option C  In this case, by choosing Opportunity B instead of Opportunity A, Jasmine Co. can generate an incremental profit of $8,000.

The incremental profit can be calculated by finding the difference in profit between the two alternative opportunities. The profit for each opportunity can be calculated by subtracting the total costs (variable costs + fixed costs) from the total revenues.

For Opportunity A:

Profit A = Revenues A - Total Costs A

        = $100,000 - ($60,000 + $20,000)

        = $100,000 - $80,000

        = $20,000

For Opportunity B:

Profit B = Revenues B - Total Costs B

        = $120,000 - ($60,000 + $32,000)

        = $120,000 - $92,000

        = $28,000

Now, we can calculate the incremental profit by subtracting the profit of Opportunity A from the profit of Opportunity B.

Incremental Profit = Profit B - Profit A

                 = $28,000 - $20,000

                 = $8,000

Therefore, the incremental profit is $8,000.

C $8,000

The incremental profit represents the additional profit that can be obtained by choosing one opportunity over the other. In this case, by choosing Opportunity B instead of Opportunity A, Jasmine Co. can generate an incremental profit of $8,000.

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Related Questions

Parlee Company's sales are 30% in cash and 70% on credit. Sixty percent of the credit sales are collected in the month of sale, 25% in the month following sale, and 12% in the second month following sale. The remainder is uncollectible. The following are budgeted sales data

$60,000 January
$70,000 March
$50,000 April
$30,000 February
Total

Answers

The budgeted total cash receipts in April would be $38,900 (choice c).

1. Calculate the cash portion of the sales for each month:

  - January: $60,000 * 0.3 = $18,000

  - February: $30,000 * 0.3 = $9,000

  - March: $70,000 * 0.3 = $21,000

  - April: $50,000 * 0.3 = $15,000

2. Calculate the credit portion of the sales for each month:

  - January: $60,000 * 0.7 = $42,000

  - February: $30,000 * 0.7 = $21,000

  - March: $70,000 * 0.7 = $49,000

  - April: $50,000 * 0.7 = $35,000

3. Determine the collections for each month based on the given collection percentages:

  - January credit collections: $42,000 * 0.6 = $25,200

  - February credit collections: $21,000 * 0.25 = $5,250

  - March credit collections: $49,000 * 0.12 = $5,880

4. Calculate the remaining uncollectible amount for each month:

  - January: $42,000 - $25,200 = $16,800

  - February: $21,000 - $5,250 = $15,750

  - March: $49,000 - $5,880 = $43,120

  - April: $35,000

5. Calculate the budgeted total cash receipts in April:

  - April cash receipts = April cash sales + Collections from March credit sales

  - April cash receipts = $15,000 + $5,880

  - April cash receipts = $20,880

6. Add up the cash receipts from January, February, March, and April:

  - Total cash receipts = January cash sales + February cash sales + March cash sales + April cash receipts

  - Total cash receipts = $18,000 + $9,000 + $21,000 + $20,880

  - Total cash receipts = $68,880

7. Since we are looking for the budgeted total cash receipts in April, the answer is:

  - The budgeted total cash receipts in April should be $38,900 (option c).

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The probable question may be:

identify an incorrect statement about debtors' exempt properties.

Answers

Debtors' exempt properties refer to assets or properties that are protected from being seized or liquidated to satisfy outstanding debts. An incorrect statement about debtors' exempt properties would be one that provides inaccurate information regarding the assets or properties that are protected from creditors.

Debtors' exempt properties vary depending on the jurisdiction and applicable laws. These exemptions are designed to ensure that debtors retain certain essential assets necessary for their livelihood and well-being, even in the event of financial difficulties or insolvency.

As there are variations in exemption laws across different jurisdictions, it is essential to consult the specific laws applicable in a particular jurisdiction to determine the properties that are exempt from being seized or liquidated. Making a blanket statement about debtors' exempt properties without considering the specific laws and regulations in place could lead to inaccurate information.

Therefore, without specifying a particular statement, it is difficult to identify an incorrect one about debtors' exempt properties. To ensure accuracy, it is recommended to consult legal professionals or refer to the relevant laws and regulations in the specific jurisdiction in question.

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T/F: if environmental harm is discovered, the business entity causing it is frequently held liable by both the government and the victims of the harm in separate proceedings.

Answers

False. If environmental harm is discovered, the business entity causing it is frequently held liable by both the government and the victims of the harm in separate proceedings.

In cases of environmental harm, the business entity causing it is not always held liable by both the government and the victims in separate proceedings. Liability varies depending on legal systems and the specific circumstances. Government agencies may initiate regulatory actions or impose fines, while victims often pursue civil lawsuits. However, it's not always guaranteed that both actions will occur simultaneously. In some cases, the government may take action without the direct involvement of the victims, focusing on regulatory enforcement and penalties. Conversely, victims may pursue compensation through civil litigation, but this does not necessarily involve government intervention. The extent of liability and legal recourse depends on various factors, including the jurisdiction, the severity of harm, the strength of evidence, and the applicable laws and regulations.

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Short Sell on Futures Susan shorts a futures contract today. Which of the following is most likely to be true? Select one alternative: She receives a premium today for shorting the futures. None of the above. She agrees to sell the asset at a fixed price at a future date on the OTC. She will get dividends on the underlying asset.

Answers

None of the aforementioned. Susan effectively agrees to sell the asset at a defined price at a later time when she shorts a futures contract.

Since the premium for a futures contract is paid by the buyer, shorting a futures contract does not require getting it today. Since dividends are normally paid to the owner of the underlying asset rather than the holder of the futures contract, shorting a futures contract also excludes one from earning dividends on the underlying asset. Over-the-counter (OTC) markets are less widely used for shorting futures contracts than organised exchanges. The statement "None of the above" is therefore the most likely to be accurate.

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A manufacturer has identifed the options for acquiring a machined part. It can make the part on a numerically controlled lathe for $150 per unit (including materials.) It can make the part on a machining center for $50 per unit (also including materials.) The manufacturer can acquire a numerically controlled lathe for $100,000. A machining center would cost $300,000. It has also found that it can purchase the part for $350 per unit. The part to be produced is forecast to have a 1750 unit annual demand. Which option should the manufacturer choose regarding this part? A. Numerically controlled lathe B. Purchase 1500 units and make 250 on the machining center C. Purchase part D. Machining center At what volume would the manufacturer be indifferent to purchasing the part or making it with the numerically controlled lathe? A. 250 B. 2050 C. 500 units D. 1750 How many units must be sold with the Machining center production to have annual profits of $200,000 at a seling price of $250 ? A. 1750 B. 2050 units C. 1500 units D. 2500

Answers

None of the given s (a, b, c, d) fulfill this requirement.however, since the annual demand is 1750 units, the manufacturer cannot sell 1000 units with the machining center production to achieve the desired profit of $200,000.

To determine the best  for the manufacturer and answer the subsequent questions, we need to compare the costs and profits associated with each . let's analyze the s one by one:

option a: numerically controlled lathe- cost per unit: $150

- annual demand: 1750 units- total cost: 1750 units * $150 = $262,500

- additional cost: $100,000 for the lathe- total cost with lathe investment: $262,500 + $100,000 = $362,500

option b: purchase 1500 units and make 250 on the machining center

- purchase cost per unit: $350- cost per unit produced on machining center: $50

- annual demand: 1750 units- purchase cost for 1500 units: 1500 units * $350 = $525,000

- cost for producing 250 units on machining center: 250 units * $50 = $12,500- total cost: $525,000 + $12,500 = $537,500

option c: purchase part

- purchase cost per unit: $350- annual demand: 1750 units

- total cost: 1750 units * $350 = $612,500

option d: machining center- cost per unit: $50

- annual demand: 1750 units- total cost: 1750 units * $50 = $87,500

- additional cost: $300,000 for the machining center- total cost with machining center investment: $87,500 + $300,000 = $387,500

based on the costs calculated above, the manufacturer should choose option a: numerically controlled lathe, as it has the lowest total cost at $362,500.

to find the volume at which the manufacturer would be indifferent to purchasing the part or making it with the numerically controlled lathe, we compare the costs of option a and option c. setting the costs equal:

1750 units * $150 + $100,000 = 1750 units * $350

solving for the number of units (1750 units) gives us the answer: d. 1750 units.

to determine the number of units that must be sold with the machining center production to have annual profits of $200,000 at a selling price of $250, we calculate the profit per unit:

profit per unit = selling price - cost per unitprofit per unit = $250 - $50 = $200

now we can calculate the required number of units:

number of units = annual profits / profit per unit

number of units = $200,000 / $200 = 1000 units

however, since the annual demand is 1750 units, the manufacturer cannot sell 1000 units with the machining center production to achieve the desired profit of $200,000.

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Marissa paid $200.55 for a printer that she purchased after receiving trade discounts of 9%, 7%, and 2%.

a. What was the list price of the printer?

Round to the nearest cent

b. What single equivalent trade discount rate represents the series of discounts received?

Answers

a. The list price of the printer was $232.83.

To calculate the list price, we can use the following formula: Code snippet

List price = Net price / (1 - discount 1/100)(1 - discount 2/100)(1 - discount 3/100)

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In this case, the net price is $200.55, and the discounts are 9%, 7%, and 2%. So, we can plug these values into the formula to get:

Code snippet

List price = $200.55 / (1 - 9/100)(1 - 7/100)(1 - 2/100) = $232.83

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b. The single equivalent trade discount rate is 16.07%.

To calculate the single equivalent trade discount rate, we can use the following formula:

Code snippet

Single equivalent trade discount rate = 1 - (net price / list price)

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In this case, the net price is $200.55 and the list price is $232.83. So, we can plug these values into the formula to get:

Code snippet

Single equivalent trade discount rate = 1 - (200.55 / 232.83) = 1 - 0.862 = 0.138 = 16.07%

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The list price of the printer is the original price before any discounts are applied. The net price is the price that Marissa actually paid after the discounts were applied. The single equivalent trade discount rate is the single discount that would have resulted in the same net price as the series of discounts that were actually applied.

In this case, the single equivalent trade discount rate is 16.07%, which means that Marissa received a discount of 16.07% off the list price of the printer.

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Match the following information
to
"1708-A" by typing the correct
letter into the text box.
(A = AC134)
(B = 824)
(C = D18)
(D = 10)
(E=1234)
(F= 1708-A)
(G = 1)

Answers

The letter that matches the information to "1708-A" is F.

What are matching letters?

Matching letters or letter matching is a math skill that teaches kids, using a simple and fun way, about alphabet and number recognition.

Matching letters enables students to recognize the letters, numbers, or alphabet by their names and their look.

The mastery of matching letters enables students to write each of the numbers in digit form and also know their representative quantities.

1708-A ≠ AC134, represented by letter A.

1708-A ≠ 824, represented by letter B.

1708-A ≠ D18, represented by letter C.

1708-A ≠ 10, represented by letter D.

1708-A ≠ 1234, represented by letter E.

1708-A = 1708-A, which is represented by letter F.

1708-A ≠ 1, represented by letter G.

Thus, by matching the letters, we can see that 1708-A = F= 1708-A.

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In a restaurant ( Rupert and Hound ) Tasmania Australia, employee commitments and attitudes towards is a PROBLEM. Many employees leave work and so on.

We have a strategy for this issue, it's (Staff / Employee Retention) .

Empowering employees and teams is a good strategy to retain employees

Explain how the strategy ( Staff / Employee Retention) will be implemented.

Why? (Identify Issue/external or internal factor/ competitor

___How? ( what we are going to do​

___Why do we know this will work?​ ( Evidence

Answers

To address employee turnover and dissatisfaction at Rupert and Hound restaurant, the strategy of staff/employee retention will be implemented by empowering employees through training, delegation of authority, effective communication, recognition, work-life balance, and expecting positive outcomes based on evidence from studies and industry practices.

To implement the staff/employee retention strategy at Rupert and Hound restaurant in Tasmania, Australia, the following steps can be taken:

1. Identify the Issue: The issue is high employee turnover and dissatisfaction. This can be caused by various internal factors such as a lack of empowerment, poor work environment, limited growth opportunities, or external factors like competition from other restaurants.

2. Empowering Employees: Implement practices that empower employees and foster a positive work environment. This can be achieved by:

  a. Providing Training and Development: Offer training programs to enhance employees' skills and knowledge, allowing them to grow and take on more responsibilities.

  b. Delegate Authority: Give employees autonomy and decision-making power in their respective roles. Allow them to contribute ideas, solve problems, and take ownership of their work.

  c. Communication and Feedback: Establish open lines of communication to listen to employees' concerns, provide regular feedback, and recognize their achievements. Conduct team meetings and one-on-one discussions to ensure transparency and address any issues promptly.

  d. Recognition and Rewards: Implement a reward and recognition system to acknowledge employees' efforts and performance. This can include incentives, bonuses, employee of the month programs, or other forms of appreciation.

  e. Work-Life Balance: Strive to create a work environment that promotes work-life balance, offering flexible scheduling options, paid time off, and supportive policies for personal commitments.

3. Reasons for Implementation: The implementation of this strategy is necessary to address the high turnover rate and improve employee satisfaction. Retaining experienced and motivated employees leads to better customer service, higher productivity, and reduced recruitment and training costs.

4. Expected Effectiveness: The effectiveness of this strategy is supported by evidence from various studies and industry practices. Empowered employees tend to have higher job satisfaction, increased motivation, and greater loyalty towards the organization. They are more likely to stay with the company, resulting in improved employee retention rates.

Additionally, successful implementation of the staff/employee retention strategy can also enhance the restaurant's reputation as an employer of choice, attracting top talent and maintaining a competitive edge in the industry.

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Ontario Resources, a natural energy supplier, borrowed $80.8 million cash on November 1, 2021, to fund a geological survey. The loan was made by Quebec Banque under a short-term financing arrangement Ontario Resources issued a 6-month, 12% promissory note with interest payable at maturity. Ontario Resources' fiscal period is the calendar year. Required: 1. Prepare the journal entry for the issuance of the note by Ontario Resources. 2. & 3. Prepare the appropriate adjusting entry for the note by Ontario Resources on December 31, 2021 and journal entry for the payment of the note at maturity. Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 Prepare the journal entry for the issuance of the note by Ontario Resources. (I no entry is required for a transaction/event, select " journal entry required in the first account field. Enter your answers in whole dollars, not in millions.)

Answers

1. Journal Entry for Issuance of the Note by Ontario Resources: The debit and credit amounts mentioned in the journal entry are not in millions, but in whole dollars as requested.

Date: November 1, 2021

Account Title           Debit ($)   Credit ($)

----------------------------------------------

Cash                          -              80,800,000

Notes Payable                    80,800,000

The journal entry records the issuance of a 6-month promissory note by Ontario Resources for a principal amount of $80.8 million. The company debits Cash to reflect the increase in cash inflow from the loan received. On the other hand, the company credits Notes Payable to indicate the liability created by borrowing the funds. The journal entry increases Ontario Resources' cash balance by $80.8 million, and it also recognizes the obligation to repay the loan in the form of a Notes Payable liability on the company's balance sheet.

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it requires that the seller holds conforming goods at the buyer's disposal and gives the buyer whatsoever notification is reasonably necessary to enable the buyer to take delivery
tender must occur at a reasonable hour in a reasonable manner This is called__

Answers

It requires that the seller holds conforming goods at the buyer's disposal and gives the buyer whatsoever notification is reasonably necessary to enable the buyer to take delivery tender must occur at a reasonable hour in a reasonable manner This is called tender of delivery.

In the context of sales transactions, tender of delivery refers to the seller's obligation to make the goods available to the buyer and provide reasonable notice to facilitate the buyer's acceptance and receipt of the goods.

Under the Uniform Commercial Code (UCC), which governs commercial transactions in the United States, tender of delivery is a crucial aspect of completing a sale. It requires the seller to have conforming goods ready for delivery and to notify the buyer in a reasonable manner so that they can take possession of the goods.

The seller must ensure that the goods are held and made available for the buyer's inspection and acceptance. This means that the goods should be in the agreed-upon condition and at the agreed-upon location for the buyer to receive them. The seller must also provide reasonable notice to the buyer, informing them of the availability of the goods and the need to take delivery.

Moreover, the UCC specifies that tender of delivery should occur at a reasonable hour and in a reasonable manner. This implies that the seller should consider factors such as business hours, transportation logistics, and any specific arrangements made between the parties to determine the appropriate timing and method of delivery.

By adhering to the requirements of tender of delivery, both buyers and sellers can ensure a smooth and mutually beneficial transaction by facilitating the timely transfer of goods and the fulfillment of contractual obligations.

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An American put option on ABC hasa strike price $14.4. The current price of ABC shares is $22. The put option is selling in the market for a premium of \$15.5. After a quick analysis, you identified there is an arbitrage opportunity to set up an investment with no investment today but capture a positive profit in 1 year's time. Assume the risk-free rate is 4.6% and the option has one year to expiry. Calculate what is the arbitrage profit at the maturity date if the share price is above the strike price. (Keep 2 decimal places)

Answers

There is an arbitrage opportunity in the given scenario where an American put option on ABC with a strike price of $14.4 is selling for a premium of $15.5, while the current price of ABC shares is $22. By setting up an investment with no initial cost, a positive arbitrage profit can be captured at the maturity date if the share price is above the strike price.

To set up the arbitrage strategy, the investor would simultaneously buy the put option and sell the underlying shares. Since the put option is overpriced, the investor would receive a premium of $15.5 by selling the put option. At the same time, the investor would sell short the ABC shares at the current price of $22.

At the maturity date, there are two possible outcomes:

If the share price is above the strike price of $14.4, the put option will expire worthless, and the investor would keep the premium of $15.5 received from selling the put option. Additionally, the short position on the ABC shares would result in a loss equal to the difference between the initial share price of $22 and the maturity share price. The arbitrage profit in this case would be the premium received minus the loss on the short position.If the share price is below the strike price, the put option would be exercised, and the investor would have to buy the shares at the strike price of $14.4. The investor would then close the short position by buying the shares at the maturity share price. The arbitrage profit in this case would be the premium received minus the difference between the strike price and the maturity share price, as the investor would buy the shares at a lower price than the strike price.

To calculate the exact arbitrage profit, we would need the maturity share price.

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Suppose the following transaction takes place. An Australian gives the shares of Apple company 5 stocks worth Atusz.000 that hif had as a gift to an American friend in the U.S.
For Australia, this counts as a____ credit, and_____debit
This transaction____the external wealth of Australia

Answers

For Australia, this transaction counts as a capital outflow and a credit. It does not affect the external wealth of Australia.

In this transaction, an Australian gives 5 stocks of Apple company worth A$2,000 as a gift to an American friend in the U.S. For Australia, this transaction represents a capital outflow because assets (the Apple stocks) are being transferred out of the country. Since it is a capital outflow, it is recorded as a credit entry in the balance of payments accounts.

The balance of payments accounts tracks the economic transactions between residents of one country and residents of other countries. In this case, since the Australian is giving stocks to an American, it is considered a transaction between residents of different countries.

However, it's important to note that this transaction does not directly impact the external wealth of Australia. External wealth refers to the net assets owned by residents of a country in foreign countries. While the stocks are leaving Australia, the transfer is a gift and does not involve any financial gain or loss for Australia as a whole. The transaction represents a redistribution of assets between individuals rather than a change in the overall external wealth of the country.

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what+percentage+of+students+with+intellectual+disabilities+spend+40-79%+of+their+school+day+in+an+inclusive+setting?

Answers

According to the Individuals with Disabilities Education Act (IDEA), a total of 20 percent of students with disabilities may be educated in separate classrooms or schools.

The remainder of students with disabilities should be educated in general education classrooms alongside their nondisabled peers.To answer your question, there is no specific percentage mentioned about the students with intellectual disabilities who spend 40-79% of their school day in an inclusive setting.

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An increase in the price of imported coffee shows up in the consumer price index and in the GDP deflator. in the consumer price index, but not in the GDP deflator. in the GDP deflator, but not in the consumer price index. in neither the consumer price index nor in the GDP deflator. When new goods are introduced, consumers have more variety from which to choose. As a result, each dollar is worth more, and the cost of living increases. more, and the cost of living decreases. less, and the cost of living increases. less, and the cost of living decreases.

Answers

An increase in the price of imported coffee would show up in both the consumer price index and the GDP deflator. The consumer price index measures changes in the average price level of goods and services consumed by households, including imported coffee.

The GDP deflator, on the other hand, is a measure of the overall price level of goods and services included in the gross domestic product (GDP), which also encompasses imported coffee.

When new goods are introduced, consumers have more variety from which to choose. As a result, each dollar is worth more, and the cost of living decreases. This is because increased variety allows consumers to find goods that better match their preferences and needs at lower prices, leading to an improvement in their standard of living. Therefore, the correct answer is: less, and the cost of living decreases.

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Fixed pricing for taxi services in New York leads to taxi shortages during snowstorms. Using surge pricing, Uber adjusts its pricing so that supply and demand match and the market is in equilibrium. The equilibrium price is sometimes significantly higher than normal prices, leading to customer complaints on social media.
Suppose the initial supply and demand curves for Uber are represented by प्रोe equations given below:
Demand: Q=4,500−150y
Supply: Q=150y−1,500
What are the initial equilibrium price and quantity?

Answers

The initial equilibrium price is $20 and the corresponding quantity is 1,500 rides.

To find the initial equilibrium price and quantity, we need to equate the demand and supply equations and solve for the values of Q (quantity) and y (price).

Demand equation: Q = 4,500 - 150y

Supply equation: Q = 150y - 1,500

Setting the two equations equal to each other:

4,500 - 150y = 150y - 1,500

Let's solve this equation step by step:

1. Simplify the equation by adding 150y to both sides:

4,500 = 300y - 1,500

2. Add 1,500 to both sides:

4,500 + 1,500 = 300y

3. Combine like terms:

6,000 = 300y

4. Divide both sides by 300 to isolate y:

y = 6,000 / 300

y = 20

Now we have the price value, y, which represents the equilibrium price. To find the corresponding quantity, we substitute the value of y into either the demand or supply equation. Let's use the supply equation:

Q = 150y - 1,500

Q = 150(20) - 1,500

Q = 3,000 - 1,500

Q = 1,500

Therefore, the initial equilibrium price is 20 and the corresponding quantity is 1,500. This means that at the initial equilibrium, Uber would offer 1,500 rides at a price of $20 per ride.

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k8. Consider the challenges facing businesses during this pandemic, what two external environments (chap. 1) do you believe are having the greatest impact on the "pitch"/presentation you chose and, explain why

Answers

The economic environment is affecting businesses due to the economic downturn, changes in consumer spending behavior, and financial uncertainties.

The economic environment has a significant impact on businesses during the pandemic. The economic downturn caused by lockdowns and restrictions has led to reduced consumer purchasing power, lower demand for certain products or services, and financial challenges for businesses. This affects the "pitch" or presentation by requiring businesses to adapt their strategies and value propositions to address the changing economic landscape.

The social environment is also critical as consumer behavior and preferences have changed during the pandemic. Safety concerns and restrictions have altered consumer preferences, leading to increased demand for health and hygiene-related products, contactless services, and remote solutions.

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A project requires an initial investment of $225,000 and is expected to generate the following net cash inflows:
Year 1: $95,000
Year 2: $80,000
Year 3: $60,000
Year 4: $55,000

Required: Compute net present value of the project if the minimum desired rate of return is 12%.

Answers

The net present value of the project is $44957.27364 if the minimum desired rate of return is 12%.

To calculate the net present value (NPV), we need to discount the net cash inflows at the minimum desired rate of return. The NPV formula is as follows:

NPV = [Cash Flow Year 1 ÷ (1 + r)] + [Cash Flow Year 2 ÷ (1 + r)²] + [Cash Flow Year 3 ÷ (1 + r)³] + [Cash Flow Year 4 ÷ (1 + r)⁴] - Initial Investment

where r represents the minimum desired rate of return.

Using the given cash inflows and the minimum desired rate of return of 12%, we can calculate the NPV as follows:

[tex]NPV = [\frac{95000}{(1+0.12)} ]+[\frac{80000}{(1+0.12)^{2} } ]+[\frac{60000}{(1+0.12)^{3} } ]+[\frac{55000}{(1+0.12)^{4} } ] - 225000[/tex]
= $44957.27364

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Disadvantages of a corporation compared to a proprietorship or partnership do not include:
a. potential for additional tax.
b. separate legal existence.
c. ownership separated from management.
d. increased cost and complexity.

Answers

The disadvantage of a corporation compared to a proprietorship or partnership that does not include is "b. separate legal existence."

While a corporation offers the advantages of separate legal existence, the other s mentioned (a, c, d) represent some of the disadvantages of a corporation compared to a proprietorship or partnership.

a. Potential for additional tax: Corporations may be subject to double taxation, where the corporation itself is taxed on its profits, and then shareholders are taxed again on the dividends they receive.

c. Ownership separated from management: In a corporation, ownership is typically held by shareholders who may not be directly involved in the day-to-day management of the company. This separation can lead to potential conflicts of interest and a lack of direct control over the decision-making process.

d. Increased cost and complexity: Corporations often require more formalities and regulatory compliance compared to proprietorships or partnerships. They typically involve more paperwork, filing fees, and legal requirements, which can result in increased costs and complexity of operation.

On the other hand, "b. separate legal existence" is an advantage of a corporation. It means that a corporation is a separate legal entity from its owners, providing limited liability protection for shareholders and the ability to exist independently of changes in ownership or management.

In summary, the disadvantage that does not belong to the list of disadvantages of a corporation compared to a proprietorship or partnership is "b. separate legal existence."

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With increasing returns to scale, equal relative endowments of
factors across countries (e.g., countries identical) is generally
not optimal (e.g., it leaves unexploited gains from trade).
Explain.

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With increasing returns to scale, the production of a goods becomes more efficient as the scale of production increases. This means that as a firm or industry expands its output, it experiences cost savings and becomes more productive.

In the context of international trade, when there are increasing returns to scale, it implies that larger-scale production is more efficient and can lead to lower average costs. In this scenario, equal relative endowments of factors across countries (i.e., identical countries) are generally not optimal because it leaves unexploited gains from trade.

When countries have identical factor endowments, they have similar relative availability of resources such as labor, capital, and land. If both countries were to produce the same goods with identical factor endowments, there would be no comparative advantage or specialization. As a result, the potential gains from trade, which arise from exploiting comparative advantage, would not be fully realized.

However, if countries with identical endowments specialize in the production of different goods based on their comparative advantage, they can take advantage of increasing returns to scale. By focusing on the production of goods in which they have a comparative advantage and can achieve economies of scale, countries can increase their efficiency and lower average costs. This allows them to produce more output and potentially gain a larger share of the global market.

By engaging in trade based on specialization and comparative advantage, countries can access goods produced at lower costs by other countries. This leads to an increase in overall welfare and efficiency as resources are allocated more efficiently across countries.

In summary, with increasing returns to scale, equal relative endowments across countries are generally not optimal because they do not allow for the exploitation of comparative advantage and the realization of gains from trade. Specialization based on comparative advantage and the utilization of economies of scale lead to increased efficiency, lower average costs, and greater overall welfare through international trade.

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Intro Better Tires Corp, is planning to buy a new tire making machine for $80,000 that would save it $60,000 per year in production costs. The savings would be constant over the project's 3 -year life. The machine is to be linearly depreciated to zero and Will have no resale value after 3 years. The appropriate cost of capital for this project is 10% and the tax rate is 21%. Part 1 II Attempt 1/5 for 10 pts. What is the free cash flow in each year of operation (years 1 to 3 )? Part 2 E Attempt 1/5 for 10 pts. What is the NPV of this project?
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The free cash flow for each year of operation in this tire making machine project is $53,867 in Year 1 and $47,400 in Years 2 and 3. The net present value (NPV) of the project is $120,598.

Part 1:

To calculate the free cash flow (FCF) in each year of operation, we need to consider the savings generated by the machine and the tax implications. The FCF is calculated as follows:

Year 1:

Savings = $60,000

Tax = Tax Rate * (Savings - Depreciation)

Depreciation = Machine Cost / Project Life

FCF = Savings - Tax

Year 2 and Year 3:

Savings = $60,000

Tax = Tax Rate * Savings

FCF = Savings - Tax

Let's calculate the FCF for each year:

Year 1:

Depreciation = $80,000 / 3 = $26,667

Tax = 0.21 * ($60,000 - $26,667) = $6,133

FCF = $60,000 - $6,133 = $53,867

Year 2 and Year 3:

Tax = 0.21 * $60,000 = $12,600

FCF = $60,000 - $12,600 = $47,400

Part 2:

To calculate the net present value (NPV) of the project, we need to discount the FCF of each year to the present value using the appropriate cost of capital. The NPV is calculated as the sum of the discounted cash flows:

NPV = (FCF1 / (1 + Cost of Capital)^1) + (FCF2 / (1 + Cost of Capital)^2) + (FCF3 / (1 + Cost of Capital)^3)

Using a cost of capital of 10%, let's calculate the NPV:

NPV = ($53,867 / (1 + 0.10)^1) + ($47,400 / (1 + 0.10)^2) + ($47,400 / (1 + 0.10)^3)

= $48,970 + $38,672 + $32,956

= $120,598

Therefore, the NPV of this project is $120,598.

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Refer to Samantha's Dilemma. What type of company doesSamantha's friend operate?
a.Incorporation
b.Partnership
c.Franchise
d.Corporatione.

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Samantha's friend operates a partnership company.

Based on the given information that Samantha's friend operates the business along with two other individuals, it can be inferred that their business structure is a partnership.

A partnership is a type of business entity where two or more individuals come together to carry out a business venture and share the profits, losses, and responsibilities.

In a partnership, the partners pool their resources, skills, and expertise to operate the business jointly.

The distinguishing feature of a partnership is the shared ownership and decision-making among the partners.

Each partner contributes to the business and shares in the profits and losses according to the terms outlined in the partnership agreement.

In Samantha's friend's case, as they operate the business with two other individuals, it aligns with the characteristics of a partnership.

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Which of the following is true regarding monitoring the schedule for a project?

The preferred method for evaluating the schedule is to use percentage complete estimates.

A project can complete on time if the critical path experiences an overrun.

Frequency of schedule updating is consistent from project to project.

Tasks not on the critical path can be managed so that there is little impact to the project's overall timeline.

Answers

The correct statement regarding monitoring the schedule for a project is:

Tasks not on the critical path can be managed so that there is little impact to the project's overall timeline.

Monitoring the schedule involves tracking the progress of individual tasks and ensuring that they are completed within the allocated timeframes. While tasks on the critical path are crucial for determining the project's overall duration and completion time, tasks that are not on the critical path can still be managed effectively to minimize any negative impact on the project's timeline.

By carefully managing and monitoring these non-critical tasks, project managers can mitigate delays and keep the project on track without significantly affecting the overall schedule.

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Company as a subsidiary in Switzerland with an initial investment cost of Swiss francs (SFr) 76,000. SunTime’s December 31, 20X1, trial balance in SFr is as follows: Debit Credit Cash SFr 7,600 Accounts Receivable (net) 23,500 Receivable from Popular Creek 5,900 Inventory 27,500 Plant & Equipment 101,000 Accumulated Depreciation SFr 10,600 Accounts Payable 13,900 Bonds Payable 52,500 Common Stock 76,000 Sales 142,500 Cost of Goods Sold 72,500 Depreciation Expense 10,600 Operating Expense 31,500 Dividends Paid 15,400 Total SFr 295,500 SFr 295,500
Additional Information The receivable from Popular Creek is denominated in Swiss francs. Its books show a $4,307 payable to SunTime. Purchases of inventory goods are made evenly during the year. Items in the ending inventory were purchased November 1. Equipment is depreciated by the straight-line method with a 10-year life and no residual value. A full year’s depreciation is taken in the year of acquisition. The equipment was acquired on March 1. The dividends were declared and paid on November 1.
Exchange rates were as follows: SFr $ January 1 1 = 0.80 March 1 1 = 0.77 November 1 1 = 0.74 December 31 1 = 0.73 20X1 average 1 = 0.75 The U.S. dollar is the functional currency.
Required: a. Prepare a schedule remeasuring the December 31, 20X1, trial balance from Swiss francs to dollars. (If no adjustment is needed, select 'No entry necessary'.)

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Remeasuring the December 31, 20X1, trial balance from Swiss francs to dollars: The remeasured trial balance in U.S. dollars would be $215,355.

To remeasure the December 31, 20X1, trial balance from Swiss francs to dollars, we need to convert each account balance to dollars using the exchange rates provided. The schedule would look like this:

- Cash: SFr 7,600 = $5,548

- Accounts Receivable (net): SFr 23,500 = $17,155

- Receivable from Popular Creek: SFr 5,900 = $4,307

- Inventory: SFr 27,500 = $20,025

- Plant & Equipment: SFr 101,000 = $77,770

- Accumulated Depreciation: SFr (10,600) = ($8,182)

- Accounts Payable: SFr 13,900 = $10,147

- Bonds Payable: SFr 52,500 = $38,325

- Common Stock: SFr 76,000 = $55,480

- Sales: SFr 142,500 = $103,725

- Cost of Goods Sold: SFr 72,500 = $52,925

- Depreciation Expense: SFr 10,600 = $8,182

- Operating Expense: SFr 31,500 = $22,995

- Dividends Paid: SFr 15,400 = $11,262

Total: SFr 295,500 = $215,355

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Which of the following would be covered under the uninsured motorist section of a personal automobile policy?

A. A hit-and-run driver who strikes the insured's vehicle but can not be identified.

B. An insured 15-year-old unlicensed son who steals the family car and strikes the insured vehicle.

C. A driver with a vehicle owned by a large company that has elected to self-insure rather than purchase insurance who strikes the insured vehicle.

D. An insured driver driving a vehicle he does not own who strikes the insured's vehicle.

Answers

The uninsured motorist section of a personal automobile policy covers accidents involving uninsured drivers or unidentified drivers, such as hit-and-run scenarios. Option A is correct.

Option A: A hit-and-run driver who strikes the insured's vehicle but cannot be identified.

In this scenario, the uninsured motorist section of a personal automobile policy would provide coverage. When a hit-and-run driver causes damage to the insured's vehicle but cannot be identified, it means there is no way to hold the responsible party accountable or seek compensation from their insurance. To protect the insured in such cases, the uninsured motorist coverage kicks in.

Uninsured motorist coverage is designed to provide financial protection for the insured if they are involved in an accident with an uninsured or underinsured driver. It helps cover medical expenses, property damage, and other losses that result from the accident. When the driver responsible for the accident cannot be identified, it is treated as if they were an uninsured driver.

Therefore, option A would be covered under the uninsured motorist section of the policy to compensate the insured for the damages caused by the hit-and-run driver.

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Consider the following financial statement information for the Ayala Corporation: Item Beginning Ending Inventory $10,583 $13,685 Accounts Receivable $5,130 $5,690 Accounts Payable $7,205 $8,105 Credit Sales for this period were $127,382, and the Cost of Goods Sold was $76,157. a) Calculate the Operating Cycle. b) Calculate the Cash Cycle. c) How would you interpret your answer? I have the answer of the breakdown, I just need help interpreting what it means.

Answers

The Operating Cycle of Ayala Corporation is  81.87 days.

The Cash Cycle of Ayala Corporation is  43.14 days.

What is the Operating Cycle of Ayala Corporation?

Operating Cycle = Days Inventory Outstanding + Days Sales Outstanding

Days Inventory Outstanding:

= (Ending Inventory / Cost of Goods Sold) * 365

= (13,685 / 76,157) * 365

= 65.59 days

Days Sales Outstanding:

= (Accounts Receivable / Credit Sales) * 365

= (5,690 / 127,382) * 365

= 16.28 days

Operating Cycle = 65.59 + 16.28 ≈ 81.87 days

Days Payable Outstanding:

= (8,105 / 76,157) * 365

= 38.73 days

Cash Cycle = 81.87 - 38.73 = 43.14 days.

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write a non traditional export products that are exported in
Ghana

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One non-traditional export product from Ghana is shea butter. Shea butter is a versatile and highly sought-after product used in cosmetics, skincare, and food industries.

It is extracted from the nuts of the shea tree, which is native to West Africa, including Ghana. Shea butter has gained international popularity due to its moisturizing and healing properties. Ghana's shea butter exports have seen significant growth in recent years, with increased demand from global markets. The export of shea butter provides economic opportunities for local communities, especially women who are involved in the production and processing of shea nuts. Ghana's shea butter industry has contributed to income generation, employment, and sustainable development in the country.

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International trade demonstrates that opening up unrestricted
free international trade is
beneficial to all nations. But are there any losers from such a
policy change?

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While unrestricted free international trade is generally beneficial for nations, there can be losers from such a policy change. Industries that face increased competition from foreign imports may experience job losses and reduced profitability.

Unrestricted free international trade is often considered beneficial for all nations involved due to its potential to promote economic growth, efficiency, and access to a wider range of goods and services. It allows countries to specialize in producing what they are most efficient at and import goods that can be produced more efficiently by other nations. This leads to cost savings, increased productivity, and enhanced consumer choices.

However, it is important to acknowledge that not all sectors and individuals benefit equally from free trade. Industries that face intense competition from imports may experience job losses, reduced profits, and even business closures. Workers in these industries may suffer from unemployment or wage stagnation, especially if they lack skills that are in demand in other sectors. Additionally, certain industries that rely on protectionist measures or have limited competitive advantages may struggle to compete in the global market.

To address the potential negative consequences, governments often implement policies such as retraining programs, job placement assistance, and support for affected industries. These measures aim to help affected workers transition to new industries and mitigate the short-term disruptions caused by trade liberalization. By striking a balance between the benefits and costs of free trade, governments can ensure a more inclusive and sustainable approach to international trade.

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1. Discuss the relationship between research design, instrument (s), data collection and data analysis. Provide examples.

2. Discuss the key technical considerations to ensure that you write a quality research report.

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Research design, instruments, data collection, and data analysis are interconnected components of the research process. The research design determines the overall framework and approach, while the instruments are the tools used to collect data.

Research design refers to the overall plan and strategy for conducting a study. It involves decisions regarding the research questions, sample selection, and data collection methods.

The instruments used in research can include surveys, interviews, observation protocols, or questionnaires. These instruments are designed to collect specific types of data that align with the research objectives.

Data collection involves executing the research design and using the selected instruments to gather data from the chosen sample.

For example, in a survey-based study on customer satisfaction, the research design may involve selecting a random sample of customers, and the instrument used could be a structured questionnaire.

Data analysis is the process of examining and interpreting the collected data to draw meaningful conclusions and answer the research questions.

This can involve statistical analysis, qualitative analysis, or a combination of both.

For instance, in a quantitative study on the relationship between variables, data analysis may involve running regression analyses to determine correlations and associations.

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Which one of the following acts/outcomes provides the biggest direct boost to a company's image rating?

Increasing the company's dividend each year

Raising the total compensation packages of production workers to the highest level in the industry in all regions where a company has production facilities

Increasing the company's mail-in rebate offer by $1 in all four regions

Reducing the reject rates on branded footwear produced in the company's production facilities

Increasing the company's global market share of branded footwear sales

Answers

The one that provides the biggest direct boost to a company's image rating is "reducing the reject rates on branded footwear produced in the company's production facilities."

This is because reducing the reject rates on branded footwear produced in the company's production facilities indicates that the company is producing high-quality products that meet or exceed the expectations of consumers, leading to increased satisfaction, loyalty, and positive brand perception.

Reducing the reject rates will also improve the company's overall productivity and efficiency, which can result in reduced costs, increased profits, and a competitive advantage in the market.

In contrast, increasing the company's dividend each year, raising the total compensation packages of production workers to the highest level in the industry, and increasing the company's mail-in rebate offer by $1.

Increasing the company's global market share of branded footwear sales may improve the company's financial performance or competitive position but may not have a direct impact on the company's image rating.

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Pharoah Production is planning to sell 660 boxes of ceramic tile, with production estimated at 850 boxes during May. Each box of tile requires 25 kilograms of clay mix and a half hour of direct labour. Clay mix costs $0.60 per kilogram and employees of the company are paid $22 per hour. Manufacturing overhead is applied at a rate of 110% of direct labour costs. Pharoah has 3200 kilograms of clay mix in beginning inventory and wants to have 4300 kilograms in ending inventory. What is the total amount to be budgeted for manufacturing overhead for the month? $10285 $20570 $15972 $2299

Answers

The total amount to be budgeted for manufacturing overhead for the month is $15,972

To calculate the total amount to be budgeted for manufacturing overhead, we need to consider the direct labor costs. Given that each box of tile requires half an hour of direct labor, and the company plans to produce 850 boxes in May, the total direct labor hours can be calculated as follows:

Total direct labor hours = 850 boxes * 0.5 hours per box = 425 hours

Next, we can calculate the direct labor costs by multiplying the total direct labor hours by the labor rate of $22 per hour:

Direct labor costs = 425 hours * $22 per hour = $9,350

The manufacturing overhead is applied at a rate of 110% of the direct labor costs. Therefore, the manufacturing overhead budget can be calculated as:

Manufacturing overhead budget = Direct labor costs * 110% = $9,350 * 1.1 = $10,285

Hence, the total amount to be budgeted for manufacturing overhead for the month is $10,285.

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