Given the following information, calculate margin of safety percentage:Actual sales: $100,000Contribution margin ratio: .6Fixed costs: $30,000- 50%- 40%- 45%- 55%

Answers

Answer 1

From the given information, the margin of safety will be 50%.

What is margin of safety?

The margin of safety in break-even analysis is how much output or sales level can fall before a business reaches its break-even point. It's the difference between the expected profit and the break-even point. Current sales minus the breakeven point divided by current sales is the margin of safety formula.

For calculating margin of safety we need to first determine the break-even sales,

Break-even sales = Fixed cost/ Contribution margin ratio

                             = $30,000/0.6

                              = $50,000

Margin of safety = Actual sales- Break-even sales

                           = $100,000- $50,000

                            = $50,000

Margin of safety( in %) = $50,000/$100,000 × 100

                                      = 50%.

Therefore, 50% is the margin of safety.

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Related Questions

FILL IN THE BLANK Department Y started 675 units during the accounting period. They had a beginning balance in goods in process inventory of 225 units and an ending balance of 150 units. _____ units were completed and transferred out.

Answers

To determine the number of units completed and transferred out, we need to use the following formula:

Units completed and transferred out = Units started during the period + Beginning goods in process inventory - Ending goods in process inventory

Substituting the given values, we get:

Units completed and transferred out = 675 + 225 - 150

Units completed and transferred out = 750

Therefore, 750 units were completed and transferred out.

The time frame for which a business prepares its financial statements and reports on its financial performance is known as an accounting period. It is also referred to as the fiscal year or the reporting period.

The accounting period, also known as the fiscal year, can be any length but is most often one year. Depending on their business needs and regulatory requirements, some companies may opt for a different accounting period, such as a quarter or a month.

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The group product manager for ointments at American Therapeutic Corporations was reviewing price and promotion alternatives for two products: Rash-Away and Red-Away. Both products were designed to reduce skin irritation, but Red-Away was primarily a cosmetic treatment whereas Rash-Away also included a compound that eliminated the rash.
The price and promotion alternatives recommended for the two products by their respective brand managers included the possibility of using additional promotion or a price reduction to stimulate sales volume. A volume, price, and cost summary for the products follows:
Rash-Away
Unit price: $2.00
Unit Variable Costs: $1.40
Unit contribution: $0.60
Unit Volume: 1,000,000 units
Red-Away
Unit price: $1.00
Unit Variable Costs: $0.25
Unit contribution: $0.75
Unit volume: 1,500,000 units
Both brand managers included a recommendation to either reduce price by 10% or invest an incremental $150,000 in advertising.
a) What absolute increase in unit sales and dollar sales will be necessary to recoup the incremental increase in advertising expenditures for Rash-Away? For Red-Away?
b) How many additional sales dollars must be produced to cover each $1.00 of incremental advertising for Rash-Away? For Red-Away?
c) What absolute increase in unit sales and dollar sales will be necessary to maintain the level of total contribution dollars if the price of each product is reduced by 10%?
Please guide me by giving a step by step working out about this question.. thank you!

Answers

The group marketing director for ointments at American Therapeutic was debating pricing and marketing options for two $500,000 products. $2,700,000 and $1,350,000, respectively.

What is a major product?

A good that is sold for production or consumption in its natural state is called a commodity. It is also known as a primary good or flagship ingredient. Examples of commodities include crude oil, coal, copper, iron ore, raw diamonds, and agricultural goods like wheat, coffee, and cotton; On commodity markets, they are frequently traded.

Why is the by-product so significant?

A secondary good that comes out of a manufacturing process, industrial process, or chain reaction is called a by-product. It is not the primary product or service being produced.

                                       Rash-Away                               Red-Away

Selling Price Per Unit        2.00                                              1.00

Variable Cost                    1.40                                       0.25 Per Unit

Contribution                       0.60                                            0.75

No.of units                        1,000,000                                 1,500,000

Total contribution                600,000                                 1,125,000

A.

Advertisement cost                150,000                                 150,000

Incremental sales /units         150,000 / .060  

(Advertisement cost/Contribution per unit)     150,000/.75        

                                                250,000 units                     200,000 units

Incremental Dollar sales                250,000 X 2                  200,000 X 1

(Units sales X Selling price)              $500,000                     $200,000

B.

The required additional sales funds will be for each $1 increase in advertising costs.

                          Rash-Away                                   Red-Away

                             2.00/0.60                                     1/0.75

                                 = 3.33                                        = 1.33

If the cost is decreased by 10% :

                                              Rash-Away                               Red-Away

Selling price per / unit                   1.80                                         0.90

Variable cost                                  1.40                                         0.25

Contribution per unit                      0.40                                         0.65

Total contribution                        600,000                               1,125,000

Required

No. of units necessary to be sold 600,000/.40                   1,125,000/.65

(Contribution required/ contribution

Per unit) =                                          1,500,000                              1,500,000

Sales in dollars          1,500,000 X 1.80                            1,500,000 X 0.90

(Units X Selling Price Per unit) = $2,700,000                      = $1,350,000

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karen is a producer who has obtained personal information about a client without having a legitimate reason to do so under the mfaren act what is the minimum penalty for this quezlet?

Answers

Anyone who gets customer information without having a good basis to do so faces a $10,000 fine or up to one year in jail as punishment.

The required details for fine in given paragraph

An amount of money that a court of law or other authority determines must be paid as punishment for a crime or other transgression is known as a fine or mulct (the latter term is commonly used in civil law). Although it can vary depending on the circumstances, fines are frequently disclosed in advance. A cautionary sign in Singapore that informs drivers of the cost associated with unfreezing their vehicles after private security has immobilized them in a private space using wheel clamps. Irregular parking is punished with a fee by a parking attendant. The phrase is most frequently used to refer to monetary fines or settlements for claims or as financial penalties for crimes, particularly small ones.

Paying a fine for breaking traffic laws is a typical example of a fine. For low-level criminal offenses, English common law currently uses relatively minor fines instead of or in addition to community service requirements.

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daniel, a salesperson, categorizes sean, a customer, as an expressive based on the categories of social styles. in this scenario, the categorization by daniel means that sean is . multiple choice question. low on assertiveness and high on responsiveness high on assertiveness and low on responsiveness high on assertiveness and high on responsiveness low on assertiveness and low on responsiveness

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Daniel categorized the customer as high on assertiveness and high on responsiveness based on the categories of social styles.

What are categories of social style?

The Social Style model is comprised of four styles. Each style represents a specific pattern of actions that others may observe and agree on when describing one's behavior. This model classifies four distinct personalities: Analytical, Driver, Expressive, and Amiable.

Daniel, a salesperson, classifies Sean, a customer, as an expressive based on social style categories because Sean exhibits high levels of assertiveness and responsiveness.

Therefore, a person is said to be expressive if he/she is  high on assertiveness and high on responsiveness.

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Dutch Bros Coffee is hoping to make use of its excess restaurant capacity in the evenings by experimenting with selling beer and wine. It speculates that the only additional costs are hiring more of the same sort of workers to cover the additional hours and costs of the new line of beverages.
Which of the following are examples of hidden costs that are likely to emerge from this decision? Choose all that apply.
A. Increased insurance premiums due to the presence of alcohol at the coffee shop
B. The costs involved with the increased usage of utilities, such as electricity and gas, during evening hours
C. The forgone revenues that could be earned by renting the coffee shop out for other events during evening hours
D. The monthly rent paid for the building
E. Training costs for new and existing employees on beer and wine serving procedures

Answers

The examples of hidden costs that are likely to emerge from this decision are

The costs involved with the increased usage of utilities, such as electricity and gas, during evening hours Training costs for new and existing employees on beer and wine serving proceduresThe forgone revenues could be earned by renting the coffee shop out for other events during evening hours. Increased insurance premiums due to the presence of alcohol at the coffee shop.What is Hidden Cost?

Hidden costs are those expenses that are not addressed and change based on the outcomes of a decision. Simply defined, charges that are likely to occur and that the coffee house is not taking into account are hidden costs.

There are no additional expenses associated with the decision to keep the coffee shop open later than it currently is. These expenses would still be incurred whether or not the beer and wine experiment is performed out Like monthly rent.

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a competitive market is a market in which group of answer choices an auctioneer helps set prices and arrange sales. there are only a few sellers. the forces of supply and demand do not apply. no individual buyer or seller has any significant impact on the market price.

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When no single buyer or seller has a substantial impact on the market price, the market is considered to be competitive.

What does a set of available answers in a cutthroat market mean?

A competitive market is one in which there are many buyers and sellers, numerous things are offered by several sellers, numerous vendors offer numerous items, and numerous firms frequently have free access to the market. Perhaps the thing that most closely resembles a market of them is bottled water.

Which characteristics of market economics encourage competition?

In economics, the term "competitive market" is used to characterize a market where there are numerous buyers and sellers and no single buyer or seller has a substantial impact on the market. In competitive markets, there are no entry barriers, a large number of buyers and sellers, and uniform products.

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The number of products you can produce on an assembly line in one shift is an example of what? Inventory Hurdle Rate Infinite Loading Capacity

Answers

The number of products you can produce on an assembly line in one shift is an example of Capacity.

What is products capacity?

The maximum output at which a business can continue to produce goods or render services is referred to as capacity. Management must accept constraints on the production process in order to plan for capacity.

Depending on the type of business, "capacity" may refer to a production process, a distribution of human resources, a set of technical limitations, or a number of other related ideas.

No system can function at full capacity for an extended period of time; inefficiencies and delays prevent reaching a theoretical level of output over time.

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Consider the following publicity campaigns:
a. Dove's Real Beauty campaign
b. Mumbai Life Line 3- Connecting the Unconnected by Mumbai Metro Rail Corporation, India
c. Manyata for Mothers: #DontForgetMoms
d. The Times of India's Lead India campaign
Research and examine any one of these campaigns and discuss the application of any two of
the following communication and media theories to that campaign in a maximum of 800 words.
1. Uses and gratifications theory
2. Agenda setting theory
3. Cultivation theory
4. Social learning theory
Submission Specifications:
Summarise the two chosen theories in 200 words.
Discuss the applicability of the two chosen theories with proper arguments and justification in
500 words. Each theory should be discussed separately.
Include a proper conclusion that summarises all your arguments in 50-100 words.
Ensure that the research used is high in quality with consistent attribution to authors, sources of
information.

Answers

Answer:

Explanation:

One of the campaigns that I will examine is Dove's Real Beauty campaign, which aimed to challenge traditional standards of beauty and promote body positivity. The two communication and media theories that I will discuss in relation to this campaign are the uses and gratifications theory and the cultivation theory.

Uses and Gratifications Theory

The uses and gratifications theory suggests that people actively choose and use media based on their individual needs, desires, and motivations. This theory assumes that individuals are active consumers of media who have control over what media they consume, how they consume it, and why they consume it. According to this theory, media is not a passive tool that influences people, but rather a means for people to fulfill their own needs and gratifications. The four main categories of gratifications that people seek from media are cognitive, affective, personal integrative, and social integrative.

Dove's Real Beauty campaign aligns with the uses and gratifications theory as it aims to fulfill the needs and desires of individuals who seek positive representations of women's bodies. The campaign seeks to challenge traditional beauty standards and promote body positivity, which aligns with the affective and personal integrative gratifications sought by people. The campaign recognizes that people seek positive emotional experiences and that the media can be used as a tool to create such experiences.

Cultivation Theory

The cultivation theory suggests that people's beliefs, attitudes, and perceptions of the world are shaped by the media they consume. This theory assumes that the media has a cumulative and long-term effect on people's beliefs and attitudes, and that heavy exposure to media over time can lead to the cultivation of particular beliefs and attitudes. The cultivation theory suggests that the media has a powerful influence on people's perceptions of reality, and that the messages conveyed by the media can become part of people's shared understanding of the world.

Dove's Real Beauty campaign aligns with the cultivation theory as it seeks to challenge the traditional beauty standards that have been cultivated by the media over time. The campaign recognizes the power of the media to shape people's beliefs and attitudes, and seeks to change these perceptions by providing an alternative message. By promoting body positivity and challenging traditional beauty standards, the campaign seeks to cultivate a new understanding of beauty that is more inclusive and diverse.

Conclusion

In conclusion, Dove's Real Beauty campaign aligns with both the uses and gratifications theory and the cultivation theory. The campaign seeks to fulfill the needs and desires of individuals who seek positive representations of women's bodies, and recognizes the power of the media to shape people's beliefs and attitudes over time. By challenging traditional beauty standards and promoting body positivity, the campaign seeks to provide an alternative message that cultivates a new understanding of beauty. As such, the campaign demonstrates the power of the media to shape people's perceptions and provides a compelling example of how communication and media theories can be applied in practice.

marketers use three approaches to try to change consumer attitudes toward products and brands: (1) changing beliefs about the extent to which a brand has certain attributes; (2) changing the perceived importance of attributes; and (3) .

Answers

The three approaches that marketers use  to change consumer attitudes toward products and brands are

changing beliefs about the extent to which a brand has certain attributes

changing the perceived importance of attributes;

adding new attributes to a product

Thus option (b), (c) and  (d) are correct.

Who are consumers?

Consumers are individuals or households who purchase goods and services for their own personal use or consumption. They are the end users of products and services and are an essential part of the economy.

Consumers play a critical role in the functioning of a market economy by creating demand for goods and services, which drives production and economic growth.

To change the consumer attitudes toward products and brands, the marketers use  the three approaches that I have told above.

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The complete question might be:

select the three approaches marketers use to change consumer attitudes toward products and brands. multiple select question. change how consumers interact with the product or brand change the perceived importance of attributes change beliefs about the extent to which a brand has certain attributes add new attributes to the product

An investment had a nominal return of 10.0 percent last year. The inflation rate was 3.3 percent. What was the real return on the investment?

Answers

The real return on the investment is 6.7%

Step 1: Calculate the real return by subtracting the inflation rate from the nominal return:

Real return = Nominal return - Inflation rate

Real return = 10.0% - 3.3%

Step 2: Calculate the real return:

The real return on the investment = 6.7%

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A tax preparer's high ethical standards protect the tax preparer through all of the following EXCEPT:
Providing a quality product that helps them increase client retention.
Minimizing the risk of being subject to preparer penalties.
Showing integrity in the return preparation process.
Eliminating the need for preparer due diligence notes.

Answers

A tax preparer's high ethical standards protect the tax preparer Eliminating the need for preparer due diligence notes.

What is meant by diligence notes?An inquiry, audit, or review is conducted to confirm the facts or specifics of an issue under examination. Before entering into a proposed deal with another party, due diligence in the financial realm calls for a review of financial documents.The IRS basically mandates that a tax preparer who prepares a return for a client who claims any of these credits or head-of-household status thoroughly interview and interrogate the customer and collect paperwork to establish that the taxpayer is entitled for the tax benefit.In essence, as a compensated preparer, you must: Assess the data you got from the customer. Examine the data using a consistency and reasonableness standard. When the information seems to be inaccurate, inconsistent, or lacking, make further, reasonable enquiries.

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Assume a company had net operating income of $300,000, sales of $1,500,000, residual income of $130,000, and a minimum required rate of return on average operating assets of 13.25%. The company’s average operating assets are closest to:

Answers

The company’s average operating assets are closest to 14.8%. Residual Income = Net operating income - Minimum required.

What are operating assets?

Assets that are required to produce revenue are referred to as operating assets because they are those that are purchased for use in a business' continuous activities.

Cash, pre-paid expenses, accounts receivable, inventories, and fixed assets are a few examples of operating assets. The assets of a business that help it generate money are called operating assets.

Examples include intangible assets as well as tangible assets like money and equipment. Assets that are not seen as being a part of a business's primary operations are referred to as non-operating assets.

Non-operating assets include things like vacant land, extra machinery, investment securities, and so on.

The non-operating income of a firm is influenced by income from non-operating assets. Current assets, fixed assets, financial investments, and intangible assets are some basic categories for assets.

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Mary Company collected cash from an account receivable. The recognition of the cash collection will affect which of the following financial statements?
a) Balance sheet and the statement of cash flows
b) Statement of changes in stockholders’ equity
c) Income statement and the statement of cash flows
d) Income statement and the balance sheet

Answers

The recognition of cash collection from an account receivable will affect two financial statements: the balance sheet and the statement of cash flows. Hence option A is correct .

What accounts will affect ?

When Mary Company collects cash from an account receivable, it increases the cash balance on the balance sheet and decreases the accounts receivable balance. This transaction affects the assets section of the balance sheet as cash is an asset, and accounts receivable is a current asset.

The statement of cash flows is also impacted by this transaction. The cash collection is reported as an inflow of cash in the operating activities section of the statement of cash flows. This section shows the cash inflows and outflows related to the company's primary operations.

The income statement and the statement of changes in stockholders' equity are not affected by the recognition of cash collection from an account receivable.

The income statement records revenue when the sale is made, regardless of when the cash is collected, and the statement of changes in stockholders' equity shows changes in equity from the issuance of shares or payment of dividends.

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Using the following diagram, identify and calculate total producer surplus if the price of oil is $50 per barrel. Recall that for a triangle. Area = (1 /2) × Base × Height. (You never thought you'd use that equation unless you became an engineer, did you?)

Answers

Producer surplus is the difference between the price a producer is willing to sell a good for and the price they actually receive. In other words, it is the area above the supply curve and below the price.

What is the Area ?

If the price of oil is $50 per barrel and the supply curve shows that producers are willing to supply 1,000 barrels of oil at that price, then the total producer surplus would be the area of the triangle above the supply curve and below the price.

To calculate the area of the triangle, we need to know the base and the height. The base is the quantity of oil supplied at the given price, which is 1,000 barrels in this case.

The height is the difference between the price and the minimum price that producers are willing to accept, which is known as the marginal cost. Let's assume that the marginal cost of producing a barrel of oil is $30.

So the height of the triangle would be $50 - $30 = $20. And the area of the triangle would be:

(1/2) x Base x Height

= (1/2) x 1,000 x 20

= 10,000

Therefore, the total producer surplus at a price of $50 per barrel would be $10,000.

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which of the following affects the demand for normal goods and inferior goods? multiple choice question. income technology the number of buyers price of related goods consumer expectations

Answers

If income rises, so does the demand for a typical good. If income rises, the demand for a subpar product falls.

What is income?Income is an entity's ability to save and spend money during a given period of time, and it is typically expressed in monetary terms. Conceptually, income can be difficult to define, and there may be variations depending on the field. The entire amount of money, assets, and other value exchanges obtained over a predetermined period of time in exchange for goods or services is frequently referred to as "income."There isn't a single, accepted definition of income; instead, the term is defined in light of the context in which it is used.The wage they receive from their employment is a common example of income for many people. Any money that an individual or business receives in exchange for labour, the creation of goods and services, or the placement of capital is referred to as income.

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In 2018, when the Trump administration imposed a 25 percent tariff on imports from China, executives at Walmart sent a letter to U.S.
Trade Ambassador Robert Lighthizer in which they stated, "For lower-income families, a 25% tax on these items would be a serious
burden on household finances."
Source: Tony Garcia, "Walmart, Target Warn That Tariffs Will Raise Prices and Hurt Families," marketwatch.com, September 24,
2018.
Were the Walmart executives correct to consider a 25 percent tariff on imports to be the equivalent of a 25 percent tax on
their customers? Don't foreign firms exporting a good to the United States and not U.S. consumers buying the good have to pay
the tariff? Briefly explain.
A. No, because a tariff is a tax on imports that foreign firms are required to pay.
B. No, because while a tariff' is a tax, it is paid by foreign firms on the total quantity of goods sold to consumers.
C. Yes, a tariff acts like a tax, and just as with a tax, a tariff raises the price of the good the tariff is levied on.
D. Yes, because a tariff is a tax on imports and U.S. consumers pay the tax on the quantities imported.
Scr
2023-
7F1146
5E1-9F3

Answers

Option C is the correct answer. Yes, a tariff acts like a tax, and just as with a tax, a tariff raises the price of the good the tariff is levied on.

Why is option C the correct answer?

When the U.S. government imposes a tariff on imported goods, it effectively raises the price of those goods for American consumers. The foreign firms exporting the goods are likely to pass on the cost of the tariff to their customers, which would include American retailers such as Walmart. These retailers, in turn, would likely pass on the increased cost to their customers by raising the prices of the goods they sell. This would have the effect of imposing a tax on U.S. consumers who purchase those goods, just as if the government had imposed a tax on those goods directly.

So, Walmart executives were correct to consider a 25 percent tariff on imports as the equivalent of a 25 percent tax on their customers because the increased cost resulting from the tariff would likely be passed on to American consumers in the form of higher prices.

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a customer brought in a computer that has been infected with a virus. since the infection, the computer began redirecting all three of the system's web browsers to a series of malicious websites whenever a valid website is requested. you quarantined the system, disabled the system restore, and then perform the remediation to remove the malware. you have scanned the machine with several anti-virus and anti-malware programs and determined it is now cleaned of all malware. you attempt to test the web browsers again, but a small number of valid websites are still being redirected to a malicious website. luckily, the updated anti-virus you installed blocked any new malware from infecting the system. which of the following actions should you perform next to fix the redirection issue with the browsers?

Answers

For a customer whose computer has got a virus, the action that should be performed next to fix the redirection issue with the browsers Verify the hosts.ini file has not been maliciously modified.

What is a computer virus?

A computer virus is a type of computer program that, when executed, replicates itself by modifying other computer programs and inserting its code into those programs. If this replication succeeds, the affected areas are then said to be "infected" with a computer virus, a metaphor derived from biological viruses. Computer viruses generally require a host program. The virus writes its code into the host program.

When the program runs, the written virus program is executed first, causing infection and damage.

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Arden Insurance's claims processing facility has been the major employer in the town of Arden for over 20 years, drawing mainly on workers with minimal skills and high-school educations. Now, a large telemarketing firm is opening an operation in Arden which will also employ low-skilled workers. Which of the following statements is TRUE?
a. Since Arden and the marketing firm are in different industries, the impact on Arden's workforce will be minimal.
b. The telemarketing firm probably targeted the local area because it can benefit by hiring away Arden's trained workforce.
c. If Arden cannot offer competitive or higher wages than the telemarketing firm, it needs to determine if its current employees are satisfied with the intangible aspects of their jobs.
d. Workers in rural areas tend to be loyal to their employer, so Arden's current employees are likely to stay with Arden.

Answers

If Arden cannot offer competitive or higher wages than the telemarketing firm, it needs to determine if its current employees are satisfied with the intangible aspects of their jobs.  Statements are true.

What is the statement?

Statements are sentences that express a fact, cognitive content, or opinion. Statements do not ask enquiries, make requests or give speech act. They are also not utterances.

Arden Insurance's claims processing facility, he cannot offer competitive or higher wages than the telemarketing firm, it needs to determine if its current employees are satisfied with the intangible aspects.

Therefore, The right option (C) is correct.

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Gwen, Dusan, and Bernard all work for the same large company. Gwen works on getting products to retailers by organizing shipping so the products get there on time. Dusan typically finds the products a customer needs, sells them, and processes orders for customers. Bernard oversees both Gwen and Dusan, making sure they complete their projects on time.



Which best describes the career each individual has?

Gwen is a Logistic Analyst, Dusan is a Merchandise Displayer, and Bernard is a first-line supervisor.
Gwen is a Supply Chain Manager, Dusan is a Marking Clerk, and Bernard is a Public Relations Manager.
Gwen is a Logistician, Dusan is a Stock Clerk, and Bernard is a Marketing Manager.
Gwen is a Distribution Manager, Dusan is a Purchasing Agent, and Bernard is a Purchasing Manager.

Answers

Dusan is a merchandise displayer, Gwen works as a logistic analyst, and Bernard is a first-line manager.

Who is Logistic Analyst?

Logisticians analyze the activities of the supply chain and then make suggestions for any efficiency enhancements that are required. In logistics, analysts are in charge of computerized billing, tracking, and invoicing. They are entrusted with maintaining the accuracy of the data in logistic databases and identifying opportunities to minimize inventory.

At a manufacturing facility, a first line supervisor is in charge of overseeing the daily activities of operators and production workers. Inspectors, precision workers, machine setters, assembly lines, and fabricators are among the many workers you are in charge of managing.

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Answer:

A. Gwen is a Logistic Analyst, Dusan is a Merchandise Displayer, and Bernard is a first-line supervisor.

Explanation:

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in developing a sales forecast, total projected sales (in dollars) can be calculated by multiplying the ___.

Answers

By dividing the quantity of units by the selling price, you can arrive at the total predicted sales (in dollars) when creating a sales forecast.

A 3-way cash flow forecast: What exactly is it?

Calculating total predicted sales (in dollars) while creating a sales forecast can be done by multiplying A financial model that combines three important reports into one consolidated forecast is called a three-way forecast, commonly known as the three financial statements. It ties your profit and loss (income statement), balance sheet, and cash flow projections together so you can predict your future cash position and financial health.

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A multistep income statement is useful to financial statement users because it _____. (Select all that apply.)
a. separates income statement items into meaningful components
b. provides the amount of resources available to use in the future
c. separates cost of goods sold from other operating expenses, which allows the calculation of gross profit

Answers

A multistep income statement is useful to financial statement users because it

Separates income statement items into meaningful components

Separates cost of goods sold from other operating expenses, which allows the calculation of gross profit

Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes. The balance sheet, income statement, statement of cash flow, and statement of changes in equity are the four basic financial statements for for-profit entities. A similar but distinct set of financial statements is used by non-profit organizations.

Financial statements are written records that outline an organization's operations and financial performance.

The balance sheet gives a quick picture of the company's assets, liabilities, and shareholders' equity.

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At what time would an entire salesforce, including both new hires and long-term employees, need training

Answers

Answer:

Explanation:

An entire salesforce, including both new hires and long-term employees, may need training at various times throughout their careers to stay up-to-date on the latest products, technology, and selling techniques, as well as to address any knowledge or skill gaps.

Here are a few examples of when training may be necessary for the entire salesforce:

New product launches: When a company introduces a new product or service, sales teams need to be trained on the features and benefits of the new offering. This training should be provided to all members of the salesforce, regardless of their tenure.

Changes in sales strategy: If a company shifts its sales strategy, such as moving from a product-focused to a solution-focused approach, all members of the salesforce will need to be trained on the new strategy.

Updates in technology: As technology advances, it's important for sales teams to stay current with the latest tools and platforms. Training on new technology should be provided to all members of the salesforce, including long-term employees.

Performance issues: If the salesforce is not meeting performance goals, training may be necessary to address knowledge or skill gaps. This training should be provided to all members of the salesforce who are struggling to meet targets.

Professional development: Providing ongoing training and development opportunities can help sales teams continue to grow and succeed in their roles. This type of training should be provided to all members of the salesforce, regardless of their tenure.

Overall, it's important to assess the needs of the salesforce regularly and provide training when necessary to ensure that they have the skills and knowledge they need to succeed in their roles.

Which of the following is a market composed of individuals or organizations with diverse product needs?
a. Heterogeneous market
b. Concentrated market
c. Homogeneous market
d. Undifferentiated market

Answers

Individuals with numerous product wants have heterogeneous needs. Market segmentation is the technique of dividing a total market into market organizations consisting of people who have fairly comparable product needs, there are clusters of needs.

What does heterogeneous imply in marketing?

In marketing, heterogenous merchandise refers to products that have distinct attributes. Heterogenous potential that something is made up of exceptional factors while homogeneous skill some thing is made up of the equal components. Homogeneous merchandise are merchandise that share very similar attributes.

They are, in fact, extraordinary words with awesome meanings. Heterogeneous refers to a shape with multiple components or elements, performing irregular or variegated. For example, a dermoid cyst has heterogeneous attenuation on CT. It is the antonym for homogeneous, that means a shape with similar components.

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Veronica's goal for her upcoming sales call is to sell 70 chairs to an IT company. She would be willing to sanction an order for 30 chairs if the owner of the company is ready to make a small investment. She is also hoping to convince the manager of the IT company for 200 chairs and to sell them at a 15 percent discount. For Veronica, the sale of 70 chairs is her _____.
Multiple Choice
minimum call objective
routing quota
gross margin quota
primary call objective
optimistic call objective

Answers

according to the 42.9 dollars provided. Selling 70 chair to an IT business is Veronica's objective for her forthcoming sales call.

What happens when a company established?

The registration phase involves the following steps, which are all necessary: Association Memorandum: The owners of the company must sign a memorandum of agreement (MoA). A public business must have a minimum number of seven members, but a private firm just needs 2.

60 regular chairs

140 executive charis

Now the total in sales is:

Regular sales: $6,000

Executive chairs: $23,800

The variable cost of each is:

Regular chairs: $3720

Executive chairs: $17,500

We total the sales and deduct the whole variable cost:

29,800-21,220=8,850

The total contribution margin is equal to $8850.

After dividing the overall ability margin by the quantity of units sold, the net profit per unit is obtained:

8850/200= 42.9

Hence, the profitability per unit is $42.9.

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rashad is risk averse and has $4,500 with which to make a financial investment. he has three options. option a is a risk-free government bond that pays 8 percent compound interest each year for two years and this compound interest rate continues for another two years. option b is a low-risk stock that analysts expect to be worth about $5,248.80 in two years and the same risk-free government bond as option a for another two years. option c is a high-risk stock that is expected to be worth about $6,122.20 in four years. rashad should choose

Answers

Using simple interest formula, option C is the best investment option

Which of the following financial option should he choose?

To determine which option Rashad should choose, we need to compare the potential returns and risks of each option.

Using simple interest formula, we can calculate this;

Option A:

After two years, the investment will be worth:

4500 x (1 + 0.08)^2 = $5,248.80

After another two years (four years total), the investment will be worth:

5248.80 x (1 + 0.08)^2 = $6122.2

Option B:

After two years, the investment will be worth:

$5,248.80

After another two years (four years total), the investment will be worth:

5248.80 x (1 + 0.08)^2 = $6122.20

Option C:

After four years, the investment will be worth:

$6,122.20

Based on these calculations, Option C has the highest potential return, but it is also the riskiest option. Option A has the lowest potential return, but it is risk-free. Option B is somewhere in between, with a slightly higher potential return than Option A but also some risk.

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Real GDP in the country of Oz is growing at 5 percent and its population is growing at 2 percent. In the country of Lilliput, real GDP is growing at 4 percent and its population is growing at 0.5 percent. Thus,
Group of answer choices
we need more information to determine if real GDP per person in Lilliput is growing faster or slower than real GDP per person in Oz.
real GDP per person in Lilliput is growing at a rate that is not comparable to that in Oz.
real GDP per person in Lilliput is growing at the same rate as in Oz.
real GDP per person in Lilliput is growing at a faster rate than in Oz.
real GDP per person in Oz is growing at a faster rate than in Lilliput.

Answers

The real GDP of both Lilliput and Oz shows that D. real GDP per person in Lilliput is growing at a faster rate than in Oz.

What does the real GDP show ?

To determine if real GDP per person in Lilliput is growing faster or slower than real GDP per person in Oz, we need to calculate the growth rate of real GDP per person in each country. Real GDP per person can be calculated as Real GDP divided by Population.

In Oz, real GDP per person is growing at a rate of 5% - 2% = 3%.

In Lilliput, real GDP per person is growing at a rate of 4% - 0.5% = 3.5%.

Therefore, real GDP per person in Lilliput is growing at a faster rate than in Oz.

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the scatter chart above displays the residuals versus the dependent variable, x. which of the following conclusions can be drawn from the scatter chart given below? the model captures the relationship between the variables accurately. the residuals have an increasing variance as the dependent variable increases. the regression model follows the standard normal probability distribution. the residual distribution is scattered about zero within a consistent distance.

Answers

The conclusion that can be drawn from the scatter chart given below is that the residuals have an increasing variance as the dependent variable increases. This can be seen in the chart as the points are spread out more as the x-value increases.

This suggests that the model does not capture the relationship between the variables accurately, as the residuals should be evenly distributed around zero if the model was accurate. Additionally, the regression model does not follow the standard normal probability distribution, as the residuals are not evenly distributed around zero. Lastly, the residual distribution is not scattered about zero within a consistent distance, as the spread of the residuals increases with the x-value.

Therefore, the correct conclusion from the scatter chart is: the residuals have an increasing variance as the dependent variable increases.

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Why is independent action of buyers and sellers important to achieving perfect competition?

Answers

Answer:

Explanation:

Independent action of buyers and sellers is important to achieving perfect competition because it allows for the forces of supply and demand to operate freely in the market. In a perfectly competitive market, there are many buyers and sellers, each acting independently and without any significant market power. This means that no individual buyer or seller can influence the price of the product or service they are buying or selling.

When buyers and sellers act independently, they are responding to market signals and making decisions based on their own self-interest. Buyers are looking for the best quality product or service at the lowest possible price, while sellers are looking to maximize their profits by offering their product or service at the highest possible price that the market will bear.

If buyers or sellers were not able to act independently, there would be distortions in the market, such as monopolies, oligopolies, or price-fixing agreements. In these cases, individual buyers and sellers would not be responding to market signals, and the forces of supply and demand would not be able to operate freely. This would lead to a less efficient market and could result in higher prices for consumers and lower profits for businesses.

Therefore, the ability of buyers and sellers to act independently is a crucial element of a perfectly competitive market. It ensures that the market is efficient, and that prices are determined by supply and demand rather than by the actions of individual buyers or sellers.

2. ideally, the corporate ethics officer should be a well respected, senior-level manager who reports directly to the ceo.T/F

Answers

Ideally, the corporate ethics officer should be a well-respected, senior-level manager who reports directly to the CEO. The statement is True.

What is Corporate Ethics?

The term "corporate ethics " refers to rules and regulations employed by corporates in order to behave in an office setting or in any organization. This code of conduct helps in better communication and conflict mannagement in an organization.

While the corporate ethics officer should be open and objective towards every employee in an organization, they should be a well-respected senior management who reports directly to the CEO.

Therefore, the statement is True.

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You wish to open a savings account to accommodate the future expense for the maintenance of a laboratory equipment. At the first 5 years, the laboratory equipment will have a constant expense of $50, and in the next five years, the equipment will have a constant increase of $30. How much should you deposit in this savings account? The interest is 3%.

pls show cash flow diagram

Answers

We will need to deposit an amount of $440.05 in the savings account in order to to have enough funds to cover the laboratory expenses over the 10-year period.

How much should you deposit in this savings account?

To calculate the present value of the cash flows, we need to discount each cash flow to its present value and then add them up. We can use the present value formula for a series of cash flows: PV = C1/(1+r)^1 + C2/(1+r)^2 + ... + Cn/(1+r)^n

For the first 5 years, the cash flow is constant at $50, so we can use the formula for the present value of an annuity: PV = C*(1 - 1/(1+r)^n)/r

PV1 = 50*(1 - 1/(1+0.03)^5)/0.03

PV1 = 216.03

For the next 5 years, the cash flow increases by $30 each year, so we can use the formula for the present value of a growing annuity: PV = C*(1 - (1+g)/(1+r)^n)/(r-g) where C = 50, g = 30, r = 0.03, n = 5

PV2 = C*(1 - (1+g)/(1+r)^n)/(r-g)

PV2 = 224.02

Now, we will proceed to add the PV of the two cash flow streams to get the total present value:

= PV1 + PV2

= 216.03 + 224.02

= $440.05

Full question "Cash-flow for 10 years: $50, $50, $50, $50, $50, $50, $80, $110, $140, $170. At the first 5 years, the laboratory equipment will have a constant expense of $50, and in the next five years, the equipment will have a constant increase of $30. The interest is 3%. How much should you deposit in this savings account?

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