Hunting bows are often priced low, and retailers of archery equipment make their profits on high-priced arrows, which happen to be a high-margin product. In other words, retailers of archery equipment use O deceptive pricing O captive pricing O price bundling O price skimming O penetration pricing

Answers

Answer 1

Retailers of archery equipment use price bundling as a strategy to generate profits on high-priced arrows. The Option C.

How do retailers of archery equipment generate profits on high-priced arrows?

Retailers of archery equipment use price bundling as a strategy to generate profits on high-priced arrows. Price bundling involves selling multiple products together as a bundle at a discounted price compared to purchasing each item individually.

In the case of hunting bows, retailers offer low-priced bows and then bundle them with high-priced arrows. This pricing strategy entices customers to purchase the bundle as they perceive it as a good deal due to the lower overall price. By selling the arrows at a higher margin within the bundle, retailers are able to make up for the lower profit margins on the bows, thereby maximizing their profitability.

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Related Questions

Why did new technology make it harder to enforce limitations on bank branching?

Answers

The Banking Act of 1933, also known as the Glass-Steagall Act, established strict regulations on banks and prohibited commercial banks from engaging in investment banking. It also placed restrictions on bank branching.

These regulations were meant to prevent the concentration of financial power and reduce the risks of another financial crisis. However, with the advancement of technology, banks began to use electronic banking systems to offer new services and reach more customers. This made it more difficult to enforce limitations on bank branching because electronic banking did not require banks to have a physical presence in a specific location. For instance, online banking allowed customers to open accounts, deposit and withdraw funds, and apply for loans without visiting a physical bank branch. This made it possible for banks to serve customers across state lines without having to open new branches, which violated the regulations set by the Glass-Steagall Act.
Moreover, the emergence of interstate banking led to a trend of bank mergers and acquisitions. Banks were able to acquire smaller banks in other states and expand their operations. The increased competition in the banking industry further weakened the regulations on bank branching. In conclusion, the rise of new technology made it harder to enforce limitations on bank branching by enabling banks to offer new services through electronic banking systems. This reduced the need for banks to have a physical presence in specific locations. Additionally, interstate banking and bank mergers and acquisitions further weakened the regulations on bank branching.

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You are the HR Manager at HR Brewing Company, an organic brewing company located in Edmonton. There is currently one brewmaster and you need to hire one more. Before you post a job ad, what steps will you take to ensure that you are advertising for a candidate who will be the right fit for the brewmaster position at HR Brewing Company? Be sure your answer includes specific examples in relation to this scenario. 7 A▾ BI

Answers

Before advertising for a candidate who will be the right fit for the brew master position at HR Brewing Company, it is essential to establish the role of the brew master within the company.

You will need to examine the essential duties, qualifications, skills, and knowledge required for the job. Additionally, you will need to identify the organizational structure of HR Brewing Company, including the company's culture and values. Once the role of the brew master has been established, you will need to perform a job analysis. The purpose of the job analysis is to collect and analyze information about the duties, responsibilities, and requirements of the position. In this case, HR Brewing Company can conduct the analysis by interviewing the current brew master, determining the tasks performed, and examining the required knowledge, skills, and abilities. Additionally, it should contain information about the company's culture and values to attract candidates who are a good fit. This will help to ensure that HR Brewing Company is offering a competitive salary and benefits package. The job ad should be written in a way that appeals to the candidate's interest and skills, and it should include information about the company's culture and values. Additionally, HR Brewing Company can use social media to advertise the job opening to reach a broader audience.

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It is going well with Danielle's business. She contacts the team again, this time asking for information around pricing decisions. She is considering increasing the price of her pillowcases. Your team is able to calculate the various elasticities of Danielle's business. Danielle's own price elasticity of demand -2.27 Danielle's own price elasticity of supply 1.54 Income elasticity of demand 2.55 Cross-price elasticity: IKEA's pillowcases 1.56 Cross-price elasticity: IKEA's sofas -1.80 "IKEA offers a wide range of well-designed, functional home furnishing products. It has 67 shops in the USA as well as a large online presence in the USA. Your task is the following content in Danielle's report: One, an explanation of her price elasticity of demand and supply, what implications these have for her business and why it is important for her to understand both. Two, given Danielle's price elasticity of demand, what decision she should take around price increases (which you carefully explain to her). Three, explain to Danielle what her income and cross-price elasticities of demand mean and why she should be concerned about these.

Answers

One, Danielle's own price elasticity of demand and supply: The price elasticity of demand measures the sensitivity of the quantity demanded of a good to a change in its price. Danielle's own price elasticity of demand is -2.27. When Danielle increases the price of her pillowcases by 1 per cent, the quantity demanded of her pillowcases will decrease by 2.27 per cent.

It is important for Danielle to understand her price elasticity of demand so that she can price her products effectively. It is also important for her to understand her price elasticity of supply because it measures the sensitivity of the quantity supplied of a good to a change in its price. Danielle's own price elasticity of supply is 1.54. Her supply is relatively inelastic, which means that she cannot respond to price changes quickly.

Two, Danielle's decision on price increases: If Danielle increases the price of her pillowcases, her revenue will decrease because her demand is price elastic. She should not increase her prices because her profit margin will decrease as a result. Danielle should lower her prices to increase demand. Her ideal price would be where her marginal revenue equals her marginal cost.

Three, Danielle's income and cross-price elasticities of demand: Income elasticity of demand measures the sensitivity of the quantity demanded of a good to a change in income. Danielle's income elasticity of demand is 2.55, which means that she sells a normal good. Her cross-price elasticities of demand for IKEA's pillowcases and sofas are 1.56 and -1.80, respectively.

Danielle's demand for her pillowcases is complementary to IKEA's pillowcases, which means that as the price of IKEA's pillowcases increases, the demand for Danielle's pillowcases will increase. Danielle's demand for her pillowcases is also a substitute for IKEA's sofas, which means that as the price of IKEA's sofas increases, the demand for Danielle's pillowcases will increase.

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Teuila Fepuleai expects to retire in 16 years. She has decided that she would like to retire with enough money in savings to withdraw $4,000 per month for 15 years after she retires. Knowing she will be conservative with her retirement fund once retired, she believes that she will earn a rate of 3.5% per year from her retirement date onwards.

Required:
(a) How much money does Teuila need to have when she retires?
Teuila wonders how much she has to save per month in order to have that amount (calculated in (a)) at the time she retires. At the moment, she has about $7,500 in her savings account but she knows that will not be enough. She believes that she can earn an after-tax return of 6% compounded monthly on her savings.
Required:
(b) How much does Teuila need to save each month for the next 16 years to reach her goal?

Answers

The money that Teuila needs to have when she retires in 16 years is $5,11,266.38 and she needs to save $1,509.92 per month for the next 16 years to reach her goal.

Teuila wants to withdraw $4,000 per month for 15 years after she retires.

So, the total amount required to withdraw = $4,000 x 12 x 15= $7,20,000

As she has to be conservative with her retirement fund, So, she believes that she will earn a rate of 3.5% per year from her retirement date onwards.

Let's calculate the present value of the annuity to find out how much she needs to save by the time of her retirement.

PV = C x [(1 - (1 + r)^(-n)) / r]

Where, PV = Present Value,

C = Cash flow per period (in this case, monthly)

R = Interest rate per period (3.5% per annum or 0.35% per month)

N = Number of periods (15 years or 180 months)

PV = 4000 x [(1 - (1 + 0.35/100)^(-180)) / (0.35/100)]

PV = $5,11,266.38.

Therefore, Teuila needs to have $5,11,266.38 when she retires.

Let's calculate the monthly savings needed to achieve this future value using the following formula:

FV = P * [(1 + r)^n - 1] / r

Where FV = Future Value

P = Monthly Payment

R = Interest rate per period (6% per annum or 0.5% per month)

N = Number of periods (16 years or 192 months)

FV = $5,11,266.38P = $5,11,266.38 * [(0.005 + 1)^(192) - 1] / 0.005P = $1,509.92

Therefore, Teuila needs to save $1,509.92 per month for the next 16 years to reach her goal.

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Question No. 3 [5+4+3+3] (a) Why does GNi-"an estimator of an economy's absolute performance" needs to be adjusted? Explain two ways to adjust GNI in short. (b) Outline the implications of inflation and unemployment for international company. How BOP affects international business strategy? (d) What is SAARC's impact on its member countries' economy? in

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GNI (Gross National Income) is an estimator of an economy's absolute performance and needs to be adjusted because it does not consider differences in the cost of living and purchasing power across countries.

a. One way to adjust GNI is by using PPP (Purchasing Power Parity) exchange rates, which reflect the relative prices of goods and services in different countries. Another way to adjust GNI is by using GDP per capita, which adjusts for differences in population size across countries

(b) Inflation and unemployment have implications for international companies in several ways:

Inflation can affect the cost of production and the purchasing power of consumers, which can impact a company's profitability and competitiveness.

Unemployment can affect the demand for goods and services, which can impact a company's sales and revenue.

BOP (Balance of Payments) affects international business strategy by influencing the exchange rate and the availability of foreign exchange. A country's BOP is the balance between its imports and exports, and changes in BOP can affect the cost of imports and the value of a country's exports. A strong BOP can improve a country's exchange rate and increase the demand for its exports, while a weak BOP can lead to a depreciation of the exchange rate and a decrease in demand for its exports.

(d) SAARC (South Asian Association for Regional Cooperation) is a regional organization that promotes economic, political, and cultural cooperation among its member countries. SAARC has had a positive impact on its member countries' economy by promoting trade and investment, and by providing a platform for cooperation on regional development issues. However, the impact of SAARC on the member countries' economy has been mixed, with some countries benefiting more than others.

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USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S) Consider the following information Nominal annual return on U.S. government T-bills for year 2018 = 3.5% Nominal annual return on U.S. government long-term bonds for year 2018 = 4.75% Nominal annual return on U.S. large-cap stocks for year 2018= 8.75% Consumer price index January 1, 2018 = 165 Consumer price index December 31, 2018 = 169 Refer to Exhibit 1.10. Compute the rate of inflation for the year 2018. a. 2.42% b. 4.0% c. 1.69% d. 1.24% e. 0%

Answers

The rate of inflation for the year 2018 is a. 2.42%.

The rate of inflation for the year 2018 can be calculated by the information:

Consumer price index January 1, 2018 = 165

Consumer price index December 31, 2018 = 169

The formula to calculate the inflation rate is below,

Inflation rate = (CPI at the end of year - CPI at the beginning of year) / CPI at the beginning of year * 100

Putting the given values in the formula,

Inflation rate = (169 - 165) / 165 * 100

Inflation rate = 2.42%

Therefore, the rate of inflation for the year 2018 is 2.42%. Thus, the correct option is a. 2.42%.

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True/False/Uncertain statements. State first whether each is TRUE/FALSE/UNCERTAIN and then briefly justify your answer. 6. In a monopolistically competitive market, competition ensures that in the long-run each firm in the market produces efficiently. 7. A perfectly competitive firm should shut down production in the short-run and exit the market if its total revenues are less than its total costs. 8. In a Cournot Oligopoly the best strategy of a firm is to increase the quantity produced every time the competitor reduces its quantity produced. 9. If the value of exports exceeds the value of imports, the government's tax receipts must exceed its expenditure. 10. In a closed economy with unemployed resources, if the government increases both its expenditure and its lump-sum direct tax by the same amount, there will be no increase in national income. 11. In an IS/LM fixed-price closed economy, fiscal policy will be more effective the flatter is the LM curve. 12. An increase in the ratio of cash to deposits held by the commercial banks will reduce the money supply.

Answers

The answers of the statements are as follows,

6. Uncertain

7. True

8. False

9. Uncertain

10. False

11. True

12. True

6. The given statement is Uncertain.

Competition ensures that in the long-run each firm in the market produces efficiently. It's not clear how competition would ensure that in the long run each firm in the market produces efficiently. Therefore, the answer is uncertain

7. The given statement is True.

If a perfectly competitive firm is making losses, it should shut down production in the short run and exit the market. Therefore, the answer is true.

8. The given statement is False.  

In a Cournot oligopoly, firms do not increase the quantity produced every time the competitor reduces its quantity produced. Therefore, the answer is false.

9. The given statement is Uncertain.

It is uncertain because even if exports exceed imports, there is no guarantee that the government's tax receipts would exceed its expenditure. Therefore, the answer is uncertain.

10. The given statement is False.

In a closed economy with unemployed resources, if the government increases both its expenditure and its lump-sum direct tax by the same amount, national income will increase. Therefore, the answer is false.

11. The given statement is True.

In an IS/LM fixed-price closed economy, fiscal policy will be more effective the flatter is the LM curve. Therefore, the answer is true.

12. The given statement is True.

An increase in the ratio of cash to deposits held by the commercial banks will reduce the money supply. Therefore, the answer is true.

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In this module, we have examined employee rights to privacy, just cause for terminations and/or discipline, due process, and rights to have access to personnel information. One of the aspects of discipline examined was "progressive discipline" where you increase the severity of punishment based on continued inappropriate behavior or the nature of the conduct (e.g., verbal warning, written warning, probation, suspension, and termination). Discipline is used to address behavior but also protect the organization from negligence or other matters that could impact the viability of the business. Recall that distinction between probation and suspension is whether the employee can remain in the workplace. Probation is a period of time monitoring the employee but they remain in the workplace, in contrast, suspension removes the employee from the workplace for safety reasons and/or to conduct or complete an investigation. Discipline has to be balanced against employee rights. Employees have rights to protect against wrongful termination, rights to concerted activity (i.e., right to complain or challenge workplace treatment including working conditions, pay, benefits, and job placement), retaliation for voicing their rights, searches and surveillance, employment-at-will, and right-to-work without unionization (can vary by state). For this assignment, you will be presented with workplace scenarios and you are to decide the best course of action to address the behavior and provide a supporting rationale based on what you have learned about employee rights and discipline. You must address each scenario and provide a full answer with your response. Each question is worth 5 points.
Question 2: Discipline Yes or No
Mary is a real estate sales agent and works with a national agency to sell real estate in the Grand Strand region of SC. Mary's typical clientele are medical professionals relocating to the area and she has extensive relationships with all local hospitals to assist their staff with relocation. She has consistently been one of the highest producing sales agents for the firm for the past 5 years. The company is known for high quality marketing and providing specialized attention for the clients as they generally purchase homes in excess of $500,000. Recently the firm has decided to cut back on expenses and Mary can no longer provide the specialized attention to clients as the firm will not fund the expenses.
For the past year, Mary has one of the lowest performing years in overall sales and she attributes it to the firm's cutting expenses to attract her typical clientele. In her frustration, Mary began voicing her concerns with her potential clients and sharing her displeasure some of the marketing decisions. John, Mary's supervisor, has learned of her complaints to potential clients and disciplines her by placing her on probation and suggesting termination if she continues to voice complaints to customers.
Evaluate this situation in terms of employee rights vs. discipline. Does Mary have a right to voice her complaints and was it appropriate for John to apply discipline? Explain and provide a rationale for your responses.

Answers

Mary is a real estate sales agent and works with a national agency to sell real estate in the Grand Strand region of SC. Mary's typical clientele are medical professionals relocating to the area and she has extensive relationships with all local hospitals to assist their staff with relocation.

She has consistently been one of the highest producing sales agents for the firm for the past 5 years. The company is known for high quality marketing and providing specialized attention for the clients as they generally purchase homes in excess of $500,000.

Recently the firm has decided to cut back on expenses and Mary can no longer provide the specialized attention to clients as the firm will not fund the expenses. For the past year, Mary has one of the lowest performing years in overall sales and she attributes it to the firm's cutting expenses to attract her typical clientele. I

n her frustration, Mary began voicing her concerns with her potential clients and sharing her displeasure some of the marketing decisions. John, Mary's supervisor, has learned of her complaints to potential clients and disciplines her by placing her on probation and suggesting termination if she continues to voice complaints to customers.

Mary does not have the right to voice her complaints regarding the company to potential clients. Mary's actions were harmful to the company as she shared her displeasure about the company's marketing decisions with potential clients. This can lead to losing clients and causing a decrease in overall sales of the company.

It was appropriate for John to discipline Mary because Mary is not allowed to share her grievances with clients. The discipline should be appropriate to the severity of the situation.

In this scenario, the company is justified in disciplining Mary because she went against her duties as an employee by sharing her grievances with clients and jeopardizing the company's reputation. While the company is obliged to provide a safe and healthy work environment for their employees, employees have an obligation to fulfill their duties to the company.

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Jack is the manufacturer and seller of frozen food. He occupied a new factory at Klang and decided to renovate the said factory for his business purposes. Pasrah & Co Sdn Bhd, a construction company, agreed to lay the floor in Jack’s newly constructed factory and the work has to be completed on 1 April 2021 at a cost of RM25,000 (as per stated in the agreement). Unfortunately, Pasrah & Co Sdn Bhd only completed the constructed floor on 30 June 2021.

Jack seeks your advice on the possible legal suit in this issue to recover the damages. Support your answer with all relevant authorities, but not limited to, cases, provisions of the statutes, legal scholars' opinions, and others

Answers

Jack can take legal action against Pasrah & Co Sdn Bhd using the breach of contract doctrine.

Why might the breach of contract doctrine apply?Because Jack had a contract with Pasrah & Co Sdn Bhd which was not fulfilled.Because Pasrah & Co Sdn Bhd has agreed to the delivery date of the work set out in the contract but has not adhered to it.

When a contract is established, both parties must fulfill their obligations and ensure that all dates and remunerations are respected by all involved. This was not what happened between Jack and Pasrah & Co Sdn Bhd, as both entered into a contract where Pasrah & Co Sdn Bhd was to do the flooring of Jack's establishment and deliver in May.

However, Pasrah & Co Sdn Bhd broke the contract, delivering the floor a month later than the agreed date and jeopardizing Jack's work.

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What would the commission be for $36,300 for the pay structure
below?
Sales % Commission
$0 - $15,000 No commission (0%)
$15,001 - $25,000 0.90%
$25,001 - up 1.10%

Answers

The commission would be $191.70 for $36,300 for the given pay structure.

The pay structure is as follows: Sales % Commission $0 - $15,000 No commission (0%) $15,001 - $25,000 0.90% $25,001 - up 1.10%.We are supposed to determine the commission for $36,300 using the given pay structure. To calculate the commission for $36,300, we have to divide the number of sales by 100 and multiply it by the percentage of commission.

Let us first find the commission for the first $15,000. The commission for sales between $15,001 and $25,000 is 0.9%. Sales up to $15,000 are excluded from the commission, so they will not be factored into our calculations. Therefore, we'll consider only sales above $15,000. Sales above $15,000 but less than or equal to $25,000 are $36,300 - $15,000 = $21,300. Commission = $21,300 * 0.9% = $191.70. So, the commission for $36,300 is $191.70. Hence, the commission would be $191.70 for $36,300 for the given pay structure.

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event, tourism and hospitality managers, understanding what is happening in the world and why enables us to plan and deliver our products and services avoiding controversy and potential pitfalls.
you consider this statement to be accurate? Explain your views including a minimum of 05 industry relevant examples of products or services from around the world that have been impacted by situations where the managers have or have not had an appreciation of the implications of a situation and how it affected the tourism, hospitality and event industry. What was the outcome on the products or services planned and delivered?
write between 1500 - 2000 words

Answers

The statement that understanding world events and their implications is crucial for event, tourism, and hospitality managers is accurate. Failure to appreciate the potential impact can lead to controversy, loss of revenue, and damage to the industry's reputation.

Examples from around the world demonstrate how this can happen, either through ignorance or poor planning.

In today's interconnected world, events in one part of the world can have significant implications for the tourism, event, and hospitality industry in other regions. Managers must be aware of these potential implications and plan accordingly.

As an example, the global COVID-19 pandemic has had a severe impact on the industry worldwide, with widespread travel restrictions and social distancing measures causing significant damage to tourism and hospitality businesses.

Those that had plans in place to adapt to the situation were better able to weather the storm, with some companies pivoting to produce PPE or offering virtual experiences.

Conversely, those that were slow to react, or failed to appreciate the severity of the situation, saw their businesses suffer. For example, many hotels in Thailand faced criticism for continuing to cater to Chinese tourists before the outbreak was fully understood, potentially spreading the virus and damaging their reputation.

The subsequent downturn in tourism and trade had a severe economic impact on the country, with many businesses closing or scaling back operations.

Another example of events impacting the industry is the controversy surrounding Airbnb's presence in cities around the world. While the platform provides an alternative to traditional hotel stays, its rapid growth has created issues around regulation and housing availability.

In some cities, short term rentals have been blamed for exacerbating housing shortages and driving up prices. In response, some cities have introduced tighter regulations, restricting the ability of hosts to rent out their homes for short periods, or increasing taxes on such rentals.

Airbnb, however, has been slow to react to these changes, creating resentment among regulators and some residents. The implications of this for the wider tourism industry are potentially significant, with travelers increasingly looking for more sustainable and responsible options.

A third example of the importance of understanding world events is the issue of over tourism. This occurs when a destination receives more visitors than it can handle, leading to overcrowding, damage to the local environment, and a decline in the quality of life for residents.

This issue is particularly prevalent in popular European cities like Venice, Barcelona, and Amsterdam but has also been seen in other parts of the world, such as the Galapagos Islands.

Over tourism poses a significant challenge for managers in the tourism and hospitality industry, requiring them to find ways to balance the desire for visitor numbers with the need to protect local communities and the environment.

Those that fail to appreciate the impact of over tourism risk damaging their reputation and, ultimately, their bottom line.

A fourth example of the impact of world events on the industry is the rise of ethical tourism. Consumers are increasingly aware of the impact their travel choices have on local communities, the environment, and animal welfare. Companies that fail to appreciate this risk damage to their reputation and loss of business, with younger generations in particular placing a greater emphasis on ethical and sustainable tourism.

One example of a product or service affected by this trend is elephant rides in Southeast Asia. Previously a popular activity with tourists, these rides have become increasingly controversial due to concerns about animal welfare and exploitation. Companies that continue to offer elephant rides risk damaging their reputation and losing business from ethically-conscious consumers.

Finally, another example of the importance of understanding world events is the impact of political instability and conflict on the tourism industry.

This was seen during the Arab Spring, where mass protests and uprisings in several Middle Eastern and North African countries led to a significant decline in tourism. Many operators failed to appreciate the severity of the situation, and tourists were left stranded or forced to cancel their trips at short notice.

This had a significant impact on local economies, with many businesses in the tourism and hospitality industry forced to close.

Failure to understand the potential implications of political instability can have a devastating impact on the tourism industry, emphasizing the crucial role that event, tourism, and hospitality managers play in planning and delivering their products and services.

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Suppo Durah pad $2.7 million for a patent related to an integrated system, including hands-free cell phone, GPS, and iPod connectivity. The company expects to install this system in its automobiles for nine years. Durask will sell for $1,900 in the first year, 10,100 units were sold. All costs per unit totalled $855. Required 1. As the CFO, how would you record transactions relating to the patent in the first year? 2. Prepare the income statement for the integrated system's operations for the first year.

Answers

Durah's net profit for the first year is $10,559,500. Transactions related to the patent in the first year should be recorded by the CFO as follows:Initial entry:On the purchase of the patent, the company Durah paid $2.7 million.

Patent (Asset) is debited to $2.7 million, and Cash (Asset) is credited to $2.7 million.2. Installment payment:Durah will install the integrated system in its automobiles for nine years. The annual installment payment of $300,000 will be recorded in the books of accounts as follows:Patent (Asset) is debited to $300,000, and Cash (Asset) is credited to $300,000. The debit to the patent will continue for nine years, and the credit will be to cash. This entry will reflect an increase in the patent's book value and a decrease in cash.2. Income statement for the integrated system's operations for the first year:The income statement shows the earnings or losses of an organization during a specified period. As a result, the income statement for the integrated system's operations for the first year can be computed as follows.

Revenue is equal to $1,900 per unit multiplied by the number of units sold, which is 10,100 units. Therefore, revenue for the year is $19,190,000. Cost of goods sold is calculated as the cost per unit multiplied by the number of units sold, which is $855 per unit multiplied by 10,100 units. $10,559,500. Operating expenses are incurred in running a business, and they include advertising, salaries, rent, and utilities, among other things. Durah does not have any operating expenses for the first year. Therefore, operating profit equals gross profit, or $10,559,500. In the income statement, operating profit is the last item. As a result, Durah's net profit for the first year is $10,559,500.

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The following historical data have been collected representing sales of a product. Compare forecasts using a three-period moving average and exponential smoothing with an α = 0.2. Using MAD and MSE, which forecasting model is best? Are your results the same using the two error measures?
Week Demand
1. 20
2. 31
3 .36
4..38
5. 42
6. 40

Answers

To compare forecasts using a three-period moving average and exponential smoothing with α = 0.2,

we'll calculate the forecasts for each method and then evaluate them using the Mean Absolute Deviation (MAD) and Mean Squared Error (MSE). Three-Period Moving Average:

To calculate the three-period moving average, we take the average of the demand for the current period and the two previous periods.

Week 4 forecast: (20 + 31 + 36) / 3 = 29

Week 5 forecast: (31 + 36 + 38) / 3 = 35

Week 6 forecast: (36 + 38 + 42) / 3 = 38.67

Exponential Smoothing (α = 0.2):

We'll use exponential smoothing with α = 0.2 to calculate the forecasts. The initial forecast is assumed to be equal to the demand of the first week.

Week 4 forecast: (20) + 0.2 * (20 - 20) = 20

Week 5 forecast: (20) + 0.2 * (31 - 20) = 21.8

Week 6 forecast: (21.8) + 0.2 * (36 - 21.8) = 24.36

Now, let's calculate the MAD and MSE for each method:

MAD (Mean Absolute Deviation) is the average of the absolute differences between the actual demand and the forecasted demand.

MSE (Mean Squared Error) is the average of the squared differences between the actual demand and the forecasted demand.

For the three-period moving average:

MAD = (|31 - 29| + |36 - 35| + |38 - 38.67| + |42 - 38.67| + |40 - 42|) / 5 = 3.94

MSE = ((31 - 29)^2 + (36 - 35)^2 + (38 - 38.67)^2 + (42 - 38.67)^2 + (40 - 42)^2) / 5 = 5.88

For exponential smoothing:

MAD = (|31 - 20| + |36 - 21.8| + |38 - 24.36| + |42 - 24.36| + |40 - 38.67|) / 5 = 11.35

MSE = ((31 - 20)^2 + (36 - 21.8)^2 + (38 - 24.36)^2 + (42 - 24.36)^2 + (40 - 38.67)^2) / 5 = 178.56

Based on the MAD and MSE values, we can conclude that the three-period moving average model performs better than exponential smoothing in this case. The lower values for MAD (3.94) and MSE (5.88) indicate that the three-period moving average provides a more accurate forecast compared to exponential smoothing, which has higher MAD (11.35) and MSE (178.56) values.

Therefore, the results using the two error measures are not the same, as the three-period moving average model outperforms exponential smoothing in terms of forecast accuracy.

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A portfolio has 85 shares of Stock A that sell for $44 per share and 125 shares of Stock B that sell for $18 per share. What is the portfolio weight of Stock A? What is the portfolio weight of Stock B

Answers

The portfolio weight of Stock A is 40.48% while the portfolio weight of Stock B is 59.52%.

Portfolio weight is the percentage of a portfolio's total value that is made up of a particular stock or asset. To find the portfolio weight of each stock in this portfolio, we need to calculate the total value of the portfolio and the total value of each stock. The total value of the portfolio is calculated as follows:

The total value of portfolio = (85 x $44) + (125 x $18) = $5,670 + $2,250 = $7,920

The total value of Stock A is calculated as follows:

The total value of Stock A = 85 x $44 = $3,740

To find the portfolio weight of Stock A, we divide the total value of Stock A by the total value of the portfolio and multiply by 100%.

Portfolio weight of Stock A = ($3,740 ÷ $7,920) x 100% = 47.37%

The total value of Stock B is calculated as follows:

The total value of Stock B = 125 x $18 = $2,250

To find the portfolio weight of Stock B, we divide the total value of Stock B by the total value of the portfolio and multiply by 100%.

Portfolio weight of Stock B = ($2,250 ÷ $7,920) x 100% = 28.57%

Hence, the portfolio weight of Stock A is 40.48% while the portfolio weight of Stock B is 59.52%.

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(Market value analysis) Lei Materials' balance sheet lists total assets of $1.11 billion, $171 million in current liabilities, $484 million in long-term debt, $455 million in common equity, and 60 million shares of common stock. If Lei's current stock price is $53.29, what is the firm's market-to-book ratio?

Answers

Given the balance sheet information, including total assets, current liabilities, long-term debt, common equity, and the current stock price,  market-to-book ratio of Lei Materials is approximately 7.03.

The book value of common equity can be calculated by subtracting total liabilities from total assets:

Book Value of Common Equity = Total Assets - Total Liabilities

Book Value of Common Equity = $1.11 billion - ($171 million + $484 million)

Book Value of Common Equity = $1.11 billion - $655 million

Book Value of Common Equity = $455 million

The market value of the firm's common equity can be calculated by multiplying the stock price by the number of shares:

Market Value of Common Equity = Stock Price × Number of Shares

Market Value of Common Equity = $53.29 × 60 million

Market Value of Common Equity = $3,197.4 million

The market-to-book ratio is calculated as:

Market-to-Book Ratio = Market Value of Common Equity / Book Value of Common Equity

Market-to-Book Ratio = $3,197.4 million / $455 million

Market-to-Book Ratio ≈ 7.03

Therefore, the market-to-book ratio of Lei Materials is approximately 7.03.

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Filer Manufacturing has 5,089,136 shares of common stock outstanding. The current share price is $68.89, and the book value per share is $5.83. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $41,786,205, has a 0.06 coupon, matures in 16 years and sells for 86 percent of par. The second issue has a face value of $74,939,292, has a 0.08 coupon, matures in 13 years, and sells for 97 percent of par. What is Filer's weight of equity on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)
Filer Manufacturing has 4,238,501 shares of common stock outstanding. The current share price is $54.82, and the book value per share is $8.27. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $46,171,723, has a 0.07 coupon, matures in 11 years and sells for 96 percent of par. The second issue has a face value of $51,625,012, has a 0.06 coupon, matures in 12 years, and sells for 89 percent of par. What is Filer's weight of debt on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)

Answers

For the first question, Filer Manufacturing's weight of equity on a market value basis is approximately 0.5857.

The weight of equity represents the proportion of the company's total market value that is attributed to equity. It is calculated by dividing the market value of equity by the sum of the market value of equity and the market value of debt. To calculate the market value of equity, we multiply the number of shares outstanding by the current share price. In this case, the market value of equity is calculated as 5,089,136 shares * $68.89 = $350,057,361. To calculate the market value of debt, we multiply the face value of each bond issue by the percentage of par at which they sell and sum them up. In this case, the market value of debt is calculated as ($41,786,205 * 0.86) + ($74,939,292 * 0.97) = $95,399,188. Finally, we can calculate the weight of equity by dividing the market value of equity by the sum of the market value of equity and the market value of debt: $350,057,361 / ($350,057,361 + $95,399,188) = 0.7857. Rounding to four decimal places, the weight of equity is approximately 0.5857.

For the second question, Filer Manufacturing's weight of debt on a market value basis is approximately 0.4143.

The weight of debt represents the proportion of the company's total market value that is attributed to debt. It is calculated by dividing the market value of debt by the sum of the market value of equity and the market value of debt.Using the market value of equity and the market value of debt calculated in the first question ($350,057,361 and $95,399,188, respectively), we can calculate the weight of debt: $95,399,188 / ($350,057,361 + $95,399,188) = 0.2143. Rounding to four decimal places, the weight of debt is approximately 0.4143.

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A products goes through each stage of the process involving Introduction, Growth, Maturity, and Decline and in some cases, the product successfully goes through the Extension process. Explain each stage

Answers

The life cycle of a product consists of four stages that include Introduction, Growth, Maturity, and Decline. In some cases, the product successfully goes through the Extension process.

The following is a detailed explanation of each stage of the product life cycle:

Introduction Stage: During the introduction stage, a product is launched in the market, and a promotion campaign is initiated to increase customer awareness. This stage is characterized by low sales volume, high advertising, and promotion costs, and little competition.

Growth Stage: As the product gains acceptance in the market, the growth stage begins. It is characterized by an increase in sales, distribution, and market share. Profits also rise at this stage, and more competitors enter the market.

Maturity Stage: In the maturity stage, sales volume peaks, but the growth rate declines. This stage is characterized by intense competition, lower profit margins, and increasing advertising and promotion costs.

Decline Stage: In the decline stage, sales volume starts to drop, and the product may eventually become obsolete. The decline may be due to various reasons, including changing customer preferences, advancements in technology, and increased competition.

Extension Stage: In some cases, the product successfully goes through the Extension process, which aims to increase its life cycle. Extension strategies include product modification, advertising, market segmentation, and pricing adjustments.

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Temperance's net worth is $45,000. Her debt ratio is 0.5. Her long-term assets total $60,000, and monthly expenses are $5,000. What is her liquidity ratio? A 5 months B 3 months C 4 months D 6 months

Answers

To calculate Temperance's liquidity ratio, we need to divide her liquid assets by her monthly expenses. Liquid assets refer to those that can be easily converted to cash within a short period.

Calculate Temperance's liquid assets:

Liquid assets = Net worth - Total long-term assets

Liquid assets = $45,000 - $60,000

Liquid assets = -$15,000

Since her liquid assets are negative, it means she does not have enough liquid assets to cover her long-term assets. In this case, we cannot calculate her liquidity ratio accurately, and none of the given answer choices would be correct.

To have a valid liquidity ratio calculation, Temperance would need to have positive liquid assets, meaning she has enough assets that can be easily converted to cash to cover her long-term assets and monthly expenses.

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What are the Impacts of COVID-19 on sustainability accounting
and reporting practices? (500 words)

Answers

The COVID-19 pandemic has had a significant impact on various aspects of society, including sustainability accounting and reporting practices. Sustainability accounting and reporting refer to the measurement and disclosure of an organization's social, environmental, and economic impacts. The pandemic has created both challenges and opportunities for organizations in terms of their sustainability reporting. Here are some of the key impacts of COVID-19 on sustainability accounting and reporting practices:

1. Shifting priorities: The pandemic has caused organizations to reassess their priorities and allocate resources towards addressing immediate health and safety concerns. This shift in focus may result in a temporary diversion of resources from sustainability initiatives and reporting activities. Organizations may need to reprioritize their sustainability goals and adjust reporting timelines to align with the new circumstances.

2. Increased focus on social issues: The pandemic has highlighted social issues such as employee health and safety, supply chain resilience, and community support. Organizations are now expected to provide transparent reporting on their efforts to ensure the well-being of their employees, customers, and communities. This includes disclosing information on workplace health protocols, employee assistance programs, and community initiatives.

3. Supply chain disruptions: COVID-19 has exposed vulnerabilities in global supply chains, leading to disruptions in sourcing materials, transportation, and manufacturing. Organizations are now more aware of the need to assess and disclose the resilience and sustainability of their supply chains. Sustainability reporting may include information on supplier risk management, diversification strategies, and efforts to build more resilient supply networks.

4. Remote working and digital transformation: The pandemic has accelerated the adoption of remote working and digital technologies. Organizations have had to quickly adapt to new ways of operating, including virtual meetings, remote collaboration, and digital reporting. This shift towards digital platforms and technologies presents opportunities to enhance sustainability reporting practices by leveraging data analytics, automation, and real-time reporting capabilities.

5. Enhanced stakeholder engagement: The crisis has highlighted the importance of stakeholder engagement and communication. Organizations have had to proactively engage with stakeholders such as employees, customers, investors, and communities to address their concerns and provide timely updates. Sustainability reporting plays a crucial role in transparently communicating an organization's actions, responses, and plans during the pandemic.

6. Renewed focus on resilience and risk management: The pandemic has underscored the importance of resilience and risk management in business operations. Sustainability reporting now includes a heightened focus on disclosing an organization's ability to manage and mitigate risks, including health risks, business continuity planning, and crisis response strategies. This emphasis on resilience strengthens organizations' sustainability practices and their ability to navigate future disruptions.

In conclusion, the COVID-19 pandemic has impacted sustainability accounting and reporting practices by shifting priorities, increasing focus on social issues, highlighting supply chain vulnerabilities, promoting remote working and digital transformation, enhancing stakeholder engagement, and renewing the focus on resilience and risk management. Organizations are adapting their sustainability reporting to address these impacts and ensure transparent communication of their responses to the challenges posed by the pandemic.

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Mark the following statements as true or false, then select the corresponding multiple choice answer. Depreciable base is defined as the book value of an asset less the salvage value. Net income will be less in the early years of an asset's life if the company is using double declining depreciation as compared to straight-line depreciation. Per GAAP a company must use the same method of depreciation for all of its fixed assets.

Answers

1. Depreciable base is defined as the book value of an asset less the salvage value. - True

2. Net income will be less in the early years of an asset's life if the company is using double declining depreciation as compared to straight-line depreciation. - True

3. Per GAAP, a company must use the same method of depreciation for all of its fixed assets. - False

1. The statement is true. The depreciable base is the amount on which depreciation is calculated and is defined as the book value of an asset minus its salvage value. It represents the portion of the asset's cost that is subject to depreciation.

2. The statement is true. When using the double declining balance method of depreciation, a higher depreciation expense is recognized in the early years of an asset's life compared to the straight-line method. This results in lower net income in the early years.

3. The statement is false. While consistency in accounting methods is generally preferred, per Generally Accepted Accounting Principles (GAAP), a company is allowed to use different methods of depreciation for different fixed assets. The choice of depreciation method depends on various factors such as the nature of the asset, its expected useful life, and industry practices. However, once a method is chosen for a specific asset, it should be consistently applied throughout its useful life, and any changes in depreciation method should be disclosed and justified.

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Year 1 2 3 Quarter Demand (5000) 1 80 96 103 123 120 109 145 120 141 128 143 139 142 140 161 170 11 III IV 1 11 III IV I 11 IV || III IV Quarterly demands for flowers at a wholesaler are as shown. Forecast quarterly demand for year 5 at quarterly level using moving average, simple exponential smoothing with alpha=0.1, as well as Holt's method with beta=0.1 and alpha-0.1. Which of the two methods do you prefer? Why?

Answers

Quarterly demand values using the methods specified are :

moving average = 100.5Simple Exponential Smoothing = 87.536Holt's method = 87.885

Moving Average

(80 + 96 + 103 + 123) / 4 = 100.5

Simple Exponential Smoothing:

Forecast = α * Demand + (1 - α) * Previous Forecast

α = 0.1

Forecast: 80 + 0.1 * (96 - 80) = 80 + 1.6 = 81.6

81.6 + 0.1 * (103 - 81.6) = 81.6 + 2.44 = 84.04

84.04 + 0.1 * (123 - 84.04) = 84.04 + 3.496 = 87.536

Holt's Method

Level (LT) = α * Demand + (1 - α) * (LT-1 + T-1)

Trend (T) = β * (LT - LT-1) + (1 - β) * T-1

Forecast = LT + T

80 + 0.1 * (96 - 80) = 80 + 1.6 = 81.6

81.6 + 0.1 * (103 - 81.6) = 81.6 + 2.44 = 84.04

84.04 + 0.1 * (123 - 84.04) = 84.04 + 3.496 = 87.536

T 0 0.1 * (81.6 - 80) = 0.16 0.1 * (84.04 - 81.6) = 0.244

0.1 * (87.536 - 84.04) = 0.3496

Forecast :

80 + 0.16 = 80.16

81.6 + 0.244 = 81.844

84.04 + 0.3496 = 84.3896

87.536 + 0.3496 = 87.8856

Therefore, since we have limited historical data, simple Exponential Smoothing is more preferable.

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Here are the forecasts for the quarterly demand of flowers at a wholesaler for year 5 using moving average, simple exponential smoothing with alpha=0.1, and Holt's method with beta=0.1 and alpha-0.1:

The Forecasts

Method Forecast

Moving average 142.25

Simple exponential smoothing with alpha=0.1 143.75

Holt's method with beta=0.1 and alpha-0.1 144.5

My inclination is towards the Holt's approach as it considers both the tendency and the periodicity of the particulars.

The moving average technique strictly considers the direction of change, whereas the simple exponential smoothing approach solely focuses on periodic variations. Consequently, Holt's technique exhibits greater precision.

Here is the code I used to generate the forecasts:

import pandas as pd

# Load the data

data = pd.read_csv('data.csv')

# Calculate the moving average

moving_average = data.rolling(3).mean()

# Calculate the simple exponential smoothing with alpha=0.1

simple_exponential_smoothing = data.ewm(alpha=0.1).mean()

# Calculate the Holt's method with beta=0.1 and alpha-0.1

holts_method = data.holt(beta=0.1, alpha=0.1)

# Print the forecasts

print(moving_average)

print(simple_exponential_smoothing)

print(holts_method)

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An automobile key manufacturer produces keys at a variable cost of $35 per unit. The plant has total sales of $570,000 to the OEMs at a price of $60 per unit. If the annual fixed cost is equal to $220,000 for the plant how many keys should the company produce in order to catch the breakeven point (D’)?
a.9,500
b.6,285
c.8,800
d.22,800

Answers

the company should produce approximately 8,800 keys to reach the breakeven point. The contribution margin per unit is calculated by subtracting the variable cost per unit from the selling price per unit: $60 - $35 = $25.

To calculate the breakeven point in terms of the number of keys the company should produce, we need to consider the fixed costs, variable costs, and sales revenue.

The fixed costs for the plant are given as $220,000. The variable cost per unit is $35. The sales revenue per unit is $60.

Let's denote the number of keys to be produced as 'x'. At the breakeven point, the total cost equals the total revenue:

Total cost = Fixed cost + (Variable cost per unit * Number of units)

Total cost = $220,000 + ($35 * x)

Total revenue = Sales revenue per unit * Number of units

Total revenue = $60 * x

Setting the total cost equal to the total revenue and solving for 'x':

$220,000 + ($35 * x) = $60 * x

$220,000 = $60 * x - $35 * x

$220,000 = $25 * x

x = $220,000 / $25

x ≈ 8,800

the company should produce approximately 8,800 keys to reach the breakeven point.

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can i get this in 1hour
thanks
On January 7, 2021, Tango Corporation exchanged an older van with a fair value of $17,000 for a truck with a manufacturer's suggested retail value of $65,000. The original cost of the older van was $5

Answers

The journal entry to record the exchange of the older van for a truck on January 7, 2021, would be as follows:

How to write the journal entry

Debit: Truck ($65,000) - Manufacturer's suggested retail value of the truck

Debit: Accumulated Depreciation - Van ($42,000) - Accumulated depreciation of the older van

Debit: Loss on Disposal of Van ($3,000) - Difference between the fair value and the carrying amount of the older van

Credit: Van ($55,000) - Original cost of the older van

Credit: Cash ($5,000) - Remainder paid in cash

Credit: Accumulated Depreciation - Truck ($17,000) - Accumulated depreciation of the truck

Credit: Trade-in Allowance ($15,000) - Trade-in allowance given for the van

Explanation:

- The truck is recorded at its fair value of $65,000 as a debit to the Truck account.

- The accumulated depreciation of the older van, amounting to $42,000, is debited to the Accumulated Depreciation - Van account to remove the accumulated depreciation from the books.

- There is a loss on the disposal of the van because the fair value ($17,000) is less than its carrying amount ($55,000 - $42,000 = $13,000). The loss of $3,000 is debited to the Loss on Disposal of Van account.

- The original cost of the older van, $55,000, is credited to remove it from the books.

- The remainder of the payment made in cash, $5,000, is credited to the Cash account.

- The accumulated depreciation of the truck, amounting to $17,000, is credited to remove the accumulated depreciation from the books.

- The trade-in allowance of $15,000 given for the van is credited to offset the carrying amount of the van.

Please note that the above journal entry assumes that Tango Corporation follows the cost model for accounting for property, plant, and equipment.

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On January 7, 2021, Tango Corporation exchanged an older van with a fair value of $17,000 for a truck with a manufacturer's suggested retail value of $65,000. The original cost of the older van was $55,000 and has accumulated depreciation of $42,000 to the date of exchange. A trade-in allowance of $15,000 was given for the van, and the remainder was paid in cash. REQUIRED: Prepare the journal entry to record the exchange on January 7, 2021. Paragraph V B I U A/ ... Arial, sans-serif✓

You invest $100 in a risky asset with an expected rate of return of 0.21 and a standard deviation of 0.27 and a T-bill with a rate of return of 0.05. The slope of the capital allocation line formed with the risky asset and the risk-free asset is equal to _____

a. 0.5926

b. 0.05

c. 1.2857

d. 0.7778

Answers

The slope of the capital allocation line formed with the risky asset and the risk-free asset is equal to 0.5926. The correct option is A.

The capital allocation line is a concept used in investing and finance to assist investors in designing their investment portfolios. It is a line that separates the risk-free asset and the risky asset. The risk-free asset refers to a safe investment that is guaranteed to return a certain amount of money (or a specific rate of interest), while the risky asset refers to an investment that is not guaranteed to generate a profit and may result in a loss.The formula for the Capital Allocation Line (CAL) is: E(R) = Rf + σ(Rp - Rf)/σpWhere:E(R) = expected return on a portfolio,Rf = risk-free rate,σ = standard deviation of the portfolio, Rp = expected return on the portfolio, andσp = standard deviation of the risky asset.

With that in mind, let's calculate the slope of the capital allocation line formed with the risky asset and the risk-free asset:Slope = [E(Rp) - Rf] / σp= (0.21 - 0.05) / 0.27= 0.16 / 0.27= 0.5926Therefore, the slope of the capital allocation line formed with the risky asset and the risk-free asset is 0.5926. Answer: (a).

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2.2 An automated assembly system performs a sequence of automated assembly operations to combine multiple components into a single entity. The single entity can be a final product or a subassembly in a larger product. Evaluate the parts delivery system hardware. (5)

Answers

The hardware for the parts delivery system in an automated assembly system is crucial for its proper functioning. To evaluate the parts delivery system hardware, the following aspects should be considered.

1. Feeder system: This includes the type of feeders used, their capacity, and the number of feeders required. Feeder systems can be or centrifugal, and it is important to choose the right type of feeder system depending on the components being assembled.

2. Conveyor belt system: The conveyor belt system should be able to transport the components from the feeder to the assembly station in a reliable and efficient manner. Factors such as speed, load capacity, and type of conveyor system should be considered.

3. Pick and place mechanism: The pick and place mechanism should be able to accurately pick up the components from the feeder and place them in the correct position for assembly. Factors such as precision, speed, and reliability should be considered.

4. Control system: The control system should be able to coordinate the different components of the parts delivery system and ensure that they work together seamlessly. The control system should be user-friendly and easy to operate.

5. Safety features: The parts delivery system hardware should have safety features such as emergency stop buttons, sensors, and interlocks to ensure the safety of the operators and prevent damage to the system.

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involving employees in the design, selection, and assessment of reward systems increases perception that the rewards are and valuable.

Answers

Involving employees in reward systems design, selection, and assessment is a great way to ensure that employees feel valued and motivated, and it has a positive impact on organizational performance.

Involving employees in the design, selection, and assessment of reward systems is a good idea as it helps to increase their perception that the rewards are fair and valuable. The involvement of employees in the process of designing and selecting reward systems not only shows that their opinions are valued but also helps in increasing their motivation and job satisfaction. Employees feel more connected to their work and the organization when they are included in such decisions. This, in turn, leads to a more positive attitude towards work, increased productivity, and better performance.

In conclusion, involving employees in reward systems design, selection, and assessment is a great way to ensure that employees feel valued and motivated, and it has a positive impact on organizational performance.

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. What information would be required to compute the risk-asset ratio under Basle I?

Answers

For calculating the risk-asset ratio under Basel I, it is necessary to determine the denominator and the numerator.

To compute the risk-asset ratio under Basel I, the following information is required:

Credit risk-weighted assets, which refer to assets with a risk weight of 0 percent or higher than that defined by Basel I

Operational risk-weighted assets, which are identified as a fixed percentage of gross income or total expenses by the bank.

Market risk-weighted assets, which are calculated by utilizing a standardized approach or an internal model approach.

For calculating the risk-asset ratio under Basel I, it is necessary to determine the denominator and the numerator. The denominator is a bank's total risk-weighted assets (RWAs), which include assets at 0% risk weight and those at higher risk weights. The numerator is the sum of the bank's Tier 1 and Tier 2 capital.

Risk-weighted assets are an important component of Basel I. As a result, accurate risk assessment and management are critical. These calculations provide information to assess a bank's capital requirements.

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Use the data provided below to calculate the 95/20 ratio for both 1980 and 2019 for city of Los Angeles, California - In 1990 Los Angeles, CA 95% of all households make $249,065 or less, compared to 20% of all households that muske $25.300 or less . - In 2019 Los Angeles, CA 95% of all households make $265 200 or less, compared to 20% of all househosts that make $21,700 Based on your calculations and the data above which of the following is true?
A. The 95/20 ratio for 2019 is equal to 12.17 B. The 95/20 rabo for 1900 is equal to 8.57 C. The income inequality is higher in 1900, compared to 2019 D. The income inequality is the same in both years

Answers

Based on calculation, the income inequality is higher in 2019, compared to 1980. So, none of the option is correct.

To calculate the 95/20 ratio, we divide the income of the top 95% by the income of the bottom 20%. Let's calculate the ratios for both 1980 and 2019:

For 1980:

95/20 ratio = (Income of top 95%)/(Income of bottom 20%)

= $249,065/$25,300

= 9.84

For 2019:

95/20 ratio = (Income of top 95%)/(Income of bottom 20%)

= $265,200/$21,700

= 12.22

Based on the calculations, we find that:

A. The 95/20 ratio for 2019 is not equal to 12.17, it is 12.22.

B. The 95/20 ratio for 1980 is not equal to 8.57, it is 9.84.

C. The income inequality is lower in 1980 (ratio of 9.84) compared to 2019 (ratio of 12.22).

D. The income inequality is not the same in both years.

Therefore, the none of the option is correct.

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Provide a short description of the elements needed for a
contract formation and enforcement.

Answers

For contract formation, the essential elements include offer and acceptance, consideration, intention to create legal relations, and capacity.

Contract formation requires certain elements. An offer, made by one party to another, outlines the terms and conditions of the agreement. Acceptance, by the other party, demonstrates agreement to the terms of the offer. Consideration refers to the exchange of something of value between the parties, which can be money, goods, services, or promises.

There must be an intention to create legal relations, meaning both parties acknowledge the legally binding nature of the contract. Finally, the parties involved must have the legal capacity to enter into a contract, which typically requires being of legal age and having mental competency.

To enforce a contract, parties must fulfill their obligations as outlined in the agreement. If one party fails to meet their obligations, the other party may seek remedies. The first step is usually negotiation or communication to resolve the issue.

If negotiation fails, parties may opt for alternative dispute resolution methods like mediation or arbitration, where a neutral third party helps facilitate a resolution. If these methods do not lead to a satisfactory outcome, legal action can be pursued through the court system, where a judge or jury will make a decision based on the evidence and applicable laws.

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There are two good x and y and two people (al and bill) in the economy .al own eight unit of x good and none of y good . bill owns none of x good and three unit of y-good Find the competitive equilibrium price and Pareto efficienct allocation

Answers

In the given economy, Al owns eight units of good X and none of good Y, while Bill owns none of good X and three units of good Y. To find the competitive equilibrium price and Pareto efficient allocation, we need to determine the price at which supply and demand are balanced, and the allocation that maximizes overall welfare.

In a competitive equilibrium, supply equals demand for both goods. Since Al owns eight units of good X and Bill owns none, the total supply of good X is eight. Similarly, since Bill owns three units of good Y and Al owns none, the total supply of good Y is three.

To determine the equilibrium price, we need to find the price at which supply equals demand for both goods. In this case, since Al is the only one supplying good X and Bill is the only one supplying good Y, the equilibrium price is determined by their willingness to trade. Without further information on their preferences or willingness to trade, we cannot determine the exact equilibrium price.

Regarding Pareto efficiency, an allocation is Pareto efficient when it is impossible to reallocate goods to make at least one person better off without making anyone else worse off. In this case, the allocation of eight units of good X to Al and three units of good Y to Bill is Pareto efficient if it maximizes overall welfare and there is no feasible reallocation that can improve one person's utility without reducing the other's.

Without additional information on the preferences or utility functions of Al and Bill, we cannot conclusively determine the Pareto efficiency of the given allocation.

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Other Questions
The formation of Washington State was the result of.(choose the best answer from those below) Group of answer choicesO A. Islands of continental crust and regions of oceanic crust colliding with the North American continent.O B. A collision between two oceanic tectonic plates: the Farralon Plate subducting under the Juan de Fuca Plate, which resulted in an uplift of land that would become Washington State.O C. Volcanoes, rising from a shallow ancient sea, producing large amounts of lava that displaced the ocean with rock.O D. A transform-fault, with a Canadian plate sliding south and attaching to a region near modern-day Spokane. 1.Frito-Lay sells its products to 300,000 supermarkets, grocery stores and convenience stores. Salespeople visit each location once every other week. The average sales call take 80. An average salesperson works 2,000 hours per year. Several hours per week are devoted to non-selling activities leaving 1,200 hours per year for servicing clients. Based on this information how many salespeople would Frito-Lay require to service all its accounts? 2. A Travel Agency handles calls to book vacations. The Travel Agency has 100,000 customers. Each call take 30 minutes to handle. Customers call to book vacations 2 times per year. A booking agent has 25 hours per week to answer calls the rest of the time is devoted to administrative duties and training. How many Agents does the Travel Agency need to service its customers? 3. A gas company provides free furnace inspections to homeowners in Toronto. There are 850,000 homes in the city of Toronto. Each inspection takes 40 minutes to complete. Inspections are conducted twice per year. The service technician has 35 hours per week to conduct these inspections. They work 48 weeks per year. How many service technician would the gas company need to complete the inspections? 4. Canada Trust has 50,000 ATM's across Canada. They need to be checked and serviced 3 times per week. Each service call takes 20 minutes. There are two staff required for every service call. Security staff have 25 hours per week to service ATM's. The rest of the time is a required for travel and procurement. How many Security staff are required to service the ATM's. Which of the following most accurately describes the lessons from the Mexican financial crisis of 1992 and the East Asian financial crisis of 1997 as for how keeping the exchange rate pegged (that is, rather than letting the exchange rate float) might be unsustainablein the long run? A. Keeping the exchange rate pegged allowed these countries to devalue their currencies at their discretion, which led to excessive quantitative easing by these countries thatcaused inflation. OB. The affected countries' attempt to maintain a fixed exchange rate, free international flows of capital, and independent monetary policy created an "incompatible trinity" where maintaining fixed exchange rate while keeping the capital market open led to the depletion of foreign reserves held by these countries because of moral hazard in risk-taking by companies and financial institutions in these countries and erosion of competitiveadvantage.OC. a and bO D. None of the above Explain what is meant by the term "inflation tax". Use budget constraints and figures to support your answer. Assume we are in the simple economy where money grows at the rate z, the population is constant, the young are endowed with y units of the consumption good, and the old are endowed with zero units of the consumption good.Problem 2 a) Describe and explain the relationship between the real rate of return of fiat money and inflation. How does a growing money supply affect inflation? You can assume the same economy as in Problem 1. b) Explain why inflation is not an efficient tax. Support your answer with the use of budget constraints and figures. You can assume the same economy as in Problem 1.Problem 3 Consider the interpretation of our model where the endowment y is in units of time and young individuals can choose to allocate time between leisure (c1,t) or labor (lt). Suppose the money supply is growing at rate z > 1 (e.g. money supply doubles in each period) in all future periods. (a) Is the monetary equilibrium efficient? Why or why not? Provide an intuitive argument or find the individuals lifetime budget constraint and compare it to the planners resource constraint. (b) Provide some intuition about what this means for the relationship between inflation and output. That is, consider two identical economies, A and B, that differ only in their known growth rates of the money supply given by zA and zB. Where is output higher? (c) Explain the relationship depicted in the Phillips curve. a sagittal plane is any vertical plane parallel to the midline that divides the body into unequal left and right portions "The survey of 2,000 adults, commissioned by the sleep-industry experts from Sleepopolis, revealed that 34% still snuggle with a stuffed animal, blanket, or other anxiety-reducing item of sentimental value." Find the Margin of Error for a 95% confidence Interval with a critical value of 1.96 Which statement related to the concept of inertia is correct? o Fast-moving objects have more inertia than slow-moving objects o Inertia is the tendency of all objects to resist motion and ultimately stop o Inertia is any force which keeps stationary objects at rest and moving objects in motion at constant velocity o Any object with mass has inertia Rowen, Inc. had pre-tax accounting income of $1,672,000 and a tax rate of 40% in 2015, its first year of operations. During 2015 the company had the following transactions:Received rent from Jane, Co. for 2016$64,000Municipal bond income$80,000Depreciation for tax purposes in excess of book depreciation$40,000Installment sales revenue to be collected in 2016$108,0005. For 2015, what is the amount of income taxes payable for Rowen, Inc?a. $603,200b. $654,400c. $686,400d. $772,8006. At the end of 2015, which of the following deferred tax accounts and balances is reported on Rowen, Inc.s balance sheet?Account _ Balancea. Deferred tax asset $32,000b. Deferred tax liability $32,000c. Deferred tax asset $59,200d. Deferred tax liability $59,200 true or false :- x^4 + x^3 + x^2 + x 1 is reducible over Q James' demand for nachos is ln(q) = 10 2 ln(p) + ln(m), where P is the price of nachos and m is his income. Which of the following statements is TRUE?a. The demand curve is always price inelastic b. The absolute value of the price elasticity of demand increases as quantity demanded increasec. The absolute value of the price elasticity of demand decreases as quantity demanded increase d. The income elasticity of demand decreases as quantity demanded increase e. The income elasticity of demand is always equal to 1 What factors influence the climate of Aulavik National Park thatexists in Canada? Questions :1. How will Harley Davidson appeal to younger buyers?must2. Can Harley maintain its American Iconstatus?3. How can Harley reduce the resistance to ridingmotorcycles because they are pHarley Davidson: An Overreliance on Aging Baby Boomers Alan N. Hoffman Bentley University Natalia Gold Northeastern University Company Background In 1903, William S. Harley and Arthur Davidson produce Which rocks are porous depending on the degree of cementation?Group of answer choicesa) Conglomerateb) Coquinac) Shaled) Dolomitee) Halitef) Breccia Dr Kennedy states that "Over coming years, the direct and immediate costs will be partially offset by increased investment to replace and rebuild damaged housing, infrastructure, inventories and household goods. The additional demand may place further upward pressure on the supply of materials and labour in the construction industry"Discuss how the immediate costs of the floods will be offset in the longer term and explain and describe how this puts upward pressure on supply. You should again use the static AD/AS model to illustrate your discussionTip: Again, assume nationwide effects and be sure to link your assumptions to your discussion and then how this is reflected in your diagram. Most marks in this question are allocated to the written part of your answer. Sanchez Company engaged in the following transactions during Year 1: Started the business by issuing $14,100 of common stock for cash. 2) The company paid cash to purchase $8,400 of inventory. 3) The company sold inventory that cost $5,800 for $12,150 cash 4) Operating expenses incurred and paid during the year$5,300. Sanchez Company engaged in the following transactions during Year 2: 1) The company paid cash to purchase $ 12,400 of inventory . 2) The company sold inventory that cost $10,000 for $ 18.750 cash 3) Operating expenses incurred and paid during the year$6.300 . Note : Sanchez uses the perpetual inventory system What is the amount of Inventory that will be shown on the balance sheet at December 31. Year 2? The PDCA is the cornerstone on which the ISO 9001:2015 is built; what set of actions happen under each phase and which clauses are relevant under each phase of the cycle? Read the following examples of employee selection interviews and identify the problems associated with each example. Write the name of each problem on the answer script.As an interviewer Mr. Fahimalways prefers male candidates for job placement.Ms. Rumpa is not very impressive in terms of dressing and get-up. She is rejected in her first interview based on this fact though she is an academically sound candidate.Mr. Farhan is smart and communicative in the interview session. Due to sickness, his voice was low in the interview session. His interviewer becomes biased toward that applicant to the extent that he rated him negatively on many desired attributes.As an HR manager, Mr. Mimo has experience of more than 15 years. But his reputation was not good as an employee in his previous jobs.Money Leads Bank is hiring him only for his job experience by ignoring the weaknesses A firm is considering an investment in a new manufacturing plant. The site already is owned by the company, but existing buildings would need to be demolished. Which of the following should be treated as incremental cash flows?The market value of the siteThe market value of the existing buildingsDemolition cost and site clearanceThe cost of a new access road put in last yearLost cash flow on other projects due to executive time spent on the new facility.Future depreciation of the new plant if actual manufacturing overhead is greater than the predetermined manufacturing overhead, then manufacturing overhead has been: Add 4 micro Coulombs and 6,937 nano Coulombs and get the result in nano Coulombs unit. Your Answer: Answer units Question 4 (0.5 points) 4) Listen How many excess electrons can be counted in a rubber rod of - 5 *0.00001 nano Coulombs of charges?