To calculate the price-sales ratio, we need to determine the market capitalization (market value) and divide it by the company's sales In this case the Price-sales ratio is 2.43
Calculate the market capitalization: Market capitalization = Market price per share * Total number of shares The total number of shares can be calculated by dividing the common stock value by the par value per share: Total number of shares = Common stock / Par value per share
Calculate the market value: Market value = Market price per share * Total number of shares Calculate the price-sales ratio: Price-sales ratio = Market value / Sales
Now let's perform the calculations: Common stock = RM360,000 Par value per share = RM6 Total number of shares = RM360,000 / RM6 = 60,000 shares Market price per share = RM50 Market value = RM50 * 60,000 shares = RM3,000,000 Sales = RM1,400,000
Price-sales ratio = RM3,000,000 / RM1,400,000 = 2.143 Therefore, the price-sales ratio is approximately 2.143 when the market price per share is RM50.
Know more about stock, refer here
https://brainly.com/question/31940696
#SPJ11
Those are great businesses, but are there too many of these types of businesses here in town at the moment? Do you think you could be profitable quickly? I'm good at web development, and the market could easily handle one more business! Yes, the idea of a bakery is great, and this type of business is underserved in our community! You said you think my muffins are fantastic, so a bakery is the way to go!
Therefore, to determine profitability quickly, it is essential to conduct a thorough market analysis and develop a sound business plan. With the right strategies in place, profitability can be achieved in a relatively short period of time.
Based on the given context, the statement, "Yes, the idea of a bakery is great, and this type of business is underserved in our community!" is an argument in favor of starting a bakery. It suggests that there is a gap in the market for such a business in the community, which makes it a viable option for establishing a profitable business venture.Additionally, the statement, "You said you think my muffins are fantastic, so a bakery is the way to go!" is a form of persuasive reasoning. It implies that the success of the bakery could be guaranteed because of the quality of the muffins made by the individual in question.
However, the other question asked is, "Do you think you could be profitable quickly?" which requires further consideration. Profitability depends on various factors such as the business model, target audience, marketing strategy, operating costs, and competition, among others. Therefore, to determine profitability quickly, it is essential to conduct a thorough market analysis and develop a sound business plan. With the right strategies in place, profitability can be achieved in a relatively short period of time.
To know more about business plan please refer:
https://brainly.com/question/13160849
#SPJ11
Course Title:- Purchasing
Q1.
As the chief of purchasing in a giant retailer company, you always heard some people comment that supply is taking profit instead of making a profit because it spends organizational resources. What do you think about this statement, do you agree? Use an example to illustrate your answer
Q2:
The petroleum and coal products industry accounts for 80% of total purchases per sale, while the food industry accounts for about 60%. Explain what these numbers mean. What does this number mean for supply managers at companies in these industries?
Q3:
Why does the company need to build the corporate objectives? What are they? As a newly hired supply chain manager, what are your supply objectives? How do you align your goal with the company goal? How do you identify the most difficult obstacles to build a strategic, functional supply chain?
Q1. Disagree, as supply management contributes to profitability by optimizing procurement processes.
Q2. The percentages indicate the significance of efficient procurement for supply managers in the petroleum, coal, and food industries.
Q3. Corporate objectives provide direction; as a supply chain manager, my objectives align with the company's goals to optimize supplier partnerships, and costs while identifying and overcoming obstacles.
Q1. I disagree with the statement that supply is taking profit instead of making a profit. Supply management plays a critical role in optimizing procurement processes, managing supplier relationships, and controlling costs, all of which contribute to overall profitability. For example, by negotiating favorable contracts with suppliers, implementing efficient inventory management strategies, and ensuring timely delivery of goods, supply management can help the company reduce costs and enhance profitability.
Q2: The percentages mentioned indicate the proportion of total purchases made within each industry relative to their sales. In the petroleum and coal products industry, 80% of each sale goes towards purchasing materials and supplies necessary for their operations. Similarly, in the food industry, 60% of each sale is allocated to purchasing.
For supply managers in these industries, these numbers highlight the significance of effective procurement and supply chain management. With such a large proportion of sales being spent on purchasing, supply managers must focus on strategic sourcing, supplier relationship management, and cost control initiatives to ensure efficient operations and maintain profitability.
Q3: Building corporate objectives is crucial for an organization as it provides a clear direction and purpose for all functions, including supply chain management.
As a newly hired supply chain manager, my supply objectives would align with the company's broader goals. For example, my objectives might include enhancing supplier partnerships, optimizing logistics and distribution networks, and driving cost savings through strategic sourcing initiatives.
By aligning my goals with the company's objectives, I contribute to the overall success of the organization and help drive its strategic agenda.
Identifying the most difficult obstacles to building a strategic and functional supply chain requires a comprehensive analysis of the supply chain processes, potential risks, and external factors impacting the industry. By understanding the challenges and obstacles, I can develop strategies and contingency plans to mitigate risks and ensure a robust and resilient supply chain.
To learn more about supply chain: https://brainly.com/question/28165491
#SPJ11
the famous thought leader who developed models for creating value and competitive advantage taught in business schools worldwide is ent
Michael E . Porter is a renowned thought leader and Bishop William Lawrence University Professor at Harvard Business School. He is known for his models of creating value and competitive advantage.
American scholar Michael Eugene Porter is renowned for his thoughts on economics, corporate strategy, and social concerns. He is a founder of the consulting company The Monitor Group as well as the social impact consultancy FSG as well as the Bishop William Lawrence University Professor at the Harvard Business School.
According to Porter's argument, a country's ability to compete in a given industry depends on that sector's ability to innovate and modernize. He developed a theory to explain why some countries have greater competition in particular industries.
Learn more about Michael E . Porter here:
https://brainly.com/question/32632424
#SPJ4
classify each of the following in terms of its effect on interest rates (increase or decrease): i. perceived risk of financial securities increases. ii. near term spending needs decrease. iii. future profitability of real investments increases.
Perceived risk of financial securities increases: Decrease ,Near term spending needs decrease: Decrease ,Future profitability of real investments increases: Increase.
What is the financial ?Financial refers to the management of money, investments, and other financial instruments. It involves assessing risk, deciding on an investment strategy, and managing investments. Financial management includes budgeting, forecasting, accounting, and banking. Financial management also covers areas such as insurance, taxes, and debt. Financial management is important for businesses and individuals to ensure that resources are used effectively and efficiently. It is also important for individuals to manage their personal finances in order to achieve their financial goals. Financial management involves understanding and managing the financial risks associated with investments and other financial instruments.
To learn more about financial
https://brainly.com/question/989344
#SPJ4
True or false? When creating a budget to repay your student loans, you can
save money by paying only the interest.
O True because paying only the interest reduces the length of the loan and
reduces the total amount you pay in the long-term
True because paying interest means monthly payments will be small
O False because it is not possible to only pay the interest,
O False because paying only interest lengthens the life of the loan and increases
the total amount you pay in the long-term.
Next →
Sign out
The correct answer choice is; True, because paying only the interest reduces the length of the loan and reduces the total amount you pay in the long-term.
Paying off Student LoansIt follows from study that; while paying off student loans, it usually pays off to pay the interest first. On this note, it follows that the principal of the loan remains constant and hence, compound interest is avoided and consequently, the total amount you pay in the long-term is reduced.
Read more on student loans;
https://brainly.com/question/25968229
Cowboy Company's sales employees earn a total of $60,000 per month and are paid on the last working day of the month. Each employee's wages are subject to FICA Social Security taxes of 6.2% and Medicare taxes of 1.45% on all wages. Withholding for each employee also includes federal income tax of 12% and monthly medical insurance premiums of $3,300 for the employees. The employer payroll taxes for Cowboy Company include FICA taxes, federal unemployment taxes of 0.6% of the first $7,000 paid each employee, and state unemployment taxes of 5.4% of the first $7,000 paid to each employee. Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.) Prepare the journal entry to record the employer's payroll taxes at January 31 for Cowboy Company. (Assume that none of the employees have reached the unemployment limit of $7,000.)
The journal entry to record the employer's payroll taxes at January 31 for Cowboy Company is given below.
How to depict the journal entryDate: January 31, 2023
Record the FICA Social Security taxes:
Debit: Payroll tax expense (an expense account)
Credit: FICA Social Security taxes payable (a liability account)
Record the Medicare taxes:
Debit: Payroll tax expense (an expense account)
Credit: Medicare taxes payable (a liability account)
Record the federal unemployment taxes:
Debit: Payroll tax expense (an expense account)
Credit: Federal unemployment taxes payable (a liability account)
Record the state unemployment taxes:
Debit: Payroll tax expense (an expense account)
Credit: State unemployment taxes payable (a liability account)
Once you have the specific amounts for each tax, you can determine the debit and credit values for the journal entries.
Learn more about journal entry on
https://brainly.com/question/28390337
#SPJ1
Discuss ways in which businesses can deal with change in the workplace
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
Learn more about manufacturing here:
https://brainly.com/question/29489393
#SPJ11
Which option best describes the main behavior that economics studies?
O A. People creating different governments around the world
O B. People participating in a traditional musical performance
O C. People experiencing the physical symptoms of a disease
O D. People making choices based on their limited resources
They
Answer:
D
Explanation:
Economist are known as people who manage resources base on the quantity of resources available
Answer:
D
Explanation:
Economics is the study of unlimited wants and limited resources.
what are the features of business environments?
Explanation:
All the external forces: Business Environment includes all the forces, institutions and factors which directly or indirectly affect the Business Organizations.
Specific and general forces: ...
Inter-relation: ...
Uncertainty: ...
Dynamic: ...
Complex: ...
Relativity:
The best approach to successfully implementing an ERP system is: Multiple Choice
O Install software throughout the organization and then switch from the old system
O Merge with a company that already has an effective ERP system
O Create ERP software that is customized for your company's supply chain
O Pilot the program on a small scale and then transfer throughout the organization
The best approach to successfully implementing an ERP system is pilot the program on a small scale and then transfer throughout the organization. Thus option (D) is correct.
What is an organization?
An organization refers to a collection of people, who are involved and work together in pursuing or achieving a defined objectives.
It is a type of social system which comprises human relationships in a forma manner. In organization there is division of work among employees and the tasks are given so that the ultimate goal of the company or an organization can be achieved.
An organization has a proper hierarchy of people and follow a proper formal structure to achieve the goals of the organization.
Learn more about organization here:
https://brainly.com/question/14751622
#SPJ4
If your refrigerator stops working and you have to replace it, describe how you would secure the money to solve the issue?
A. by using credit cards because it is the easiest way to pay for it
B. by using an emergency fund for this unplanned expense
C. by taking it from the monthly budget and forgo paying some essential bills
D. by making a claim against your homeowner’s insurance
If your refrigerator stops working and needs to be replaced, the most financially responsible method to secure the necessary funds would be Option B. by using an emergency fund for this unplanned expense.
An emergency fund is a savings account specifically set aside for unforeseen circumstances, such as unexpected repairs or replacements. Utilizing an emergency fund can help prevent incurring additional debt or disrupting your monthly budget.
Using a credit card (Option A) may seem like the easiest solution, but it could lead to accumulating interest and additional debt if the balance is not paid off quickly. Moreover, relying on credit cards can result in poor financial habits and reduce your ability to manage your finances effectively. Taking the money from your monthly budget and forgoing paying some essential bills (Option C) can lead to significant financial stress and potential late fees or penalties on those unpaid bills.
Lastly, making a claim against your homeowner's insurance (Option D) might not be the most suitable option. Homeowner's insurance typically covers damages resulting from specific incidents, such as natural disasters or theft, rather than appliance malfunctions. Filing a claim for a refrigerator replacement could potentially increase your insurance premium or even jeopardize your coverage if the claim is deemed unnecessary or illegitimate.
In summary, the most responsible way to secure funds for replacing a malfunctioning refrigerator is by using an emergency fund. This approach prevents incurring additional debt, maintains a consistent monthly budget, and avoids the potential pitfalls of relying on credit cards or insurance claims. Therefore, the correct option is B.
Know more about Emergency fund here:
https://brainly.com/question/30614125
#SPJ11
How does business generate income?
Hai!
This depends on the Type of Business.
If it is a Selling Business, they sell stuff to Earn Profit.
If its a Free Online Website/Game. They earn money by either in game purchases or Web Site purchases.
Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are some common skills needed by Lawyers? Select four options.
installation
active listening
speaking
critical thinking
reading comprehension
equipment maintenance
The common skills needed by lawyers are active listening, speaking, critical thinking and reading comprehension.
The skills can be noted as -
Active Listening - To completely comprehend their viewpoints and obtain all pertinent facts, attorneys need to listen intently to their clients, witnesses, and other parties involved in a case.Speaking - Lawyers need to be able to communicate clearly both orally and in writing with their clients, juries, judges, and other lawyers.Critical Thinking - Lawyers must be able to evaluate intricate legal issues and create plans for resolving conflicts and attaining their clients' objectives.Reading comprehension - Complex legal papers, court rulings, and other important items must be read and understood by lawyers.Read more about lawyers on:
https://brainly.com/question/31455762
#SPJ1
Project management isGroup of answer choicesa. only used on projects that are well planned.b. used all over the world to help organizations meet customer needs.c. used only on projects completed by teams external to the customer's organization.d. completed using one standard method.
Project management refers to managing customer communication and expectations by motivating project team members.
What do you mean by a project?A project refers to a collaborative enterprise that is carefully planned for achieving a particular aim.
Project management refers to those projects that are used all over the world to help organizations meet customer needs.
Therefore, B is the correct option.
Learn more about Project here:
https://brainly.com/question/15404120
#SPJ1
i need friend on brainly asaPPPPPPPPPPPPPPPPPPPPPPPPPP
plessssssssssssss i neeedd 10000000000kkkkkk
Answer: can i be your friends
Explanation:
assume an economy is in a recession. identify how fiscal policy be used to close the recessionary gap. how does that compare to monetary policy? what three tools the central bank can use to return to full employment.
During a recession, fiscal policy can be used to close the recessionary gap by increasing government spending or reducing taxes to stimulate demand and encourage economic growth.
This can be done by increasing government expenditure on infrastructure projects or by reducing taxes to put more money in the hands of consumers, who can then spend more.
Monetary policy, on the other hand, involves actions taken by the central bank to influence the money supply, interest rates, and credit availability. To address a recession, the central bank can use three tools:
Open Market Operations: The central bank can buy government securities to inject more money into the economy, or sell them to reduce the money supply.
Reserve Requirements: The central bank can adjust the amount of reserves that banks are required to hold, which affects their ability to lend and the overall money supply.
Discount Rate: The central bank can adjust the interest rate at which banks borrow money from the central bank, which influences the interest rates that banks charge their customers and the overall level of borrowing and lending in the economy.
In general, fiscal policy is more effective at addressing recessions in the short-term, while monetary policy is more effective in the long-term. This is because monetary policy can take longer to have an impact on the economy, while fiscal policy can be implemented more quickly.
Learn more about fiscal policy at:
brainly.com/question/27250647
#SPJ4
Which type of worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship?
Answer:
LiveStock
Explanation:
Answer:
A miner I think. If that is one of the choices you have on your test.
Explanation:
Good luck. Tell me if this is wrong.
as you estimate the wacc, issuing new common stock would require including flotation costs associated with the respective new common stock issuance, which normally reduces the wacc. true or false? group of answer choices true false
Businesses and investors sometimes use the WACC as a benchmark rate to assess the viability of a particular project or acquisition.
How do we estimate the cost of common stock in WACC calculation?WACC is frequently used as a benchmark rate by businesses and investors to determine the viability of a certain project or purchase. When calculating WACC, the cost of each capital source (debt and equity) is multiplied by the relevant weight by market value, and the results are added up to reach the final result.
The first approach states that the flotation expenditures must be reflected into the calculation of a company's cost of capital. Essentially, it states that flotation charges increase a company's cost of capital. Remember that a company's cost of capital is made up of its cost of debt and cost of equity.
Therefore, the correct answer is option e. The market risk premium declines.
The complete question is:
Burnham Brothers Inc. has no retained earnings since it has always paid out all of its earnings as dividends. This same situation is expected to persist in the future. The company uses the CAPM to calculate its cost of equity, and its target capital structure consists of common stock, preferred stock, and debt. Which of the following events would REDUCE its WACC?
a. The flotation costs associated with issuing new common stock increase.
b. The company's beta increases.
c. Expected inflation increases.
d. The flotation costs associated with issuing preferred stock increase.
e. The market risk premium declines.
To learn more about WACC calculation refer to:
https://brainly.com/question/17164049
#SPJ4
please help (;´༎ຶٹ༎ຶ`)
Production is the combination of collaboration, economy, and ___________.
A) outsourcing
B) creativity
C) efficiency
D) skills
Answer:
C) efficiency
Explanation:
Efficiency means the reduction or elimination of wastages in the production process. Efficient production describes a scenario where goods and services are manufactured with minimal waste in materials, time, effort, and other resources. Efficiency is a mark of competency.
The production process requires a business collaboration of outside parties. The business requires raw material, supplies, distribution network, among other things, for production to succeed.,These requirements are offed by other companies, which means collaboration is essential.
Imagine you are running a bank and you are deciding how much of your funds to deposit with the Fed. Your alternative to depositing funds with the Fed is to lend them to businesses and individuals. What are you likely to do if the Federal Reserve increases the interest rate that it pays on your deposits with them
If the Federal Reserve increases the interest rate that it pays on your deposits with them increase reserves at the Fed and reduce loans.
If the Federal Reserve increases the interest rate that it pays on your deposits with them, this means that the amount I deposit with the Fed would earn a higher rate of interest.
The aim of businesses is to make profit. As a result, I would increase the amount I deposit with the Fed in order to earn a higher rate of interest on my deposit and I would reduce the amount of loans I make.
To learn more, please check: https://brainly.com/question/14331161
Which of the following statements summarizes the views of "health trap" skeptics? Health issues are overrated in discussions about poverty. It is not obvious whether poverty is caused by malaria or by cholera It is the responsibility of NGOs, not local governments, to tackle health issues in developing countries. It is not obvious whether poverty is caused by poor health or by poor governance.
The statement that summarizes the views of "health trap" skeptics is: "It is not obvious whether poverty is caused by poor health or by poor governance."
Health trap skeptics believe that the relationship between poverty and health is not straightforward. They argue that it is unclear whether poverty is primarily caused by poor health conditions or by inadequate governance and socioeconomic factors. They question the assumption that improving health alone can eradicate poverty. Skeptics highlight the complex interplay of various factors contributing to poverty and advocate for a broader approach that addresses systemic issues such as governance, education, and economic opportunities, alongside health interventions. They emphasize the need to consider the multifaceted nature of poverty rather than focusing solely on health-related aspects.
Learn more about economic here:
https://brainly.com/question/14355320
#SPJ11
Company Dept. A Dept. B
Estimated manufacturing overhead $500,000 $338,000 $162,000
Estimated direct labor cost $250,000 $130,000 $120,000
Actual manufacturing overhead $720,000 $400,000 $320,000
Actual direct labor cost $300,000 $160,000 $140,000
Based on this information, the pre-determined overhead rate per direct labor dollar for Dept. B is $_____.
The pre-determined overhead rate per direct labor dollar for Dept. B is 1.35.
What is manufacturing overhead?
Manufacturing overhead costs are the cost associated with running a manufacturing facility.
Examples of factory overhead include
indirect labor costsfactory rentdepreciation of plants and machinerySales and administrative costWhat is direct labour cost?The direct labour cost is the cost directly involved in the production of goods and services.
What is the pre-determined overhead rate per direct labor dollar for Dept. B?The pre-determined overhead rate per direct labor dollar for Dept. B = Estimated manufacturing overhead / Estimated direct labor cost
= $162,000 / $120,000 = 1.35
To learn more about overhead costs, please check: https://brainly.com/question/8054214
3. If GDP is $10 million, consumer spending is $5million, Government is $3 milion, net exports is 1 million, how much is investment? A. $ 0 million B. $ 1 million C. $ 2 million D. $ 3 million
The area of accounting that provides external users with information is called _____.
a. managerial accounting
b. financial accounting
c. tax accounting
d. None of these choices are correct.
brunomendez878788cano
Answer:
what does that mean i even tryed to look it up but it says
Explanation:
rusty brown worked at a food processing plant. in a move to reduce costs, the plant automated the production line where brown worked. brown was laid off because he was not adequately trained to work the new equipment. gilda gold was the bookkeeper for a coal mine that was closed because it could not meet safety standards. which type of unemployment is illustrated by each worker? a)
The type of unemployment illustrated by Rusty Brown is technological unemployment, while the type of unemployment illustrated by Gilda Gold is structural unemployment.
Technological unemployment refers to the unemployment that occurs when workers are replaced by machines or technology. In this case, Rusty Brown was laid off because the food processing plant automated the production line and he was not adequately trained to work the new equipment.
On the other hand, structural unemployment occurs when there is a mismatch between the skills of workers and the available jobs. Gilda Gold lost her job as a bookkeeper because the coal mine she worked for was closed due to safety standards. This closure created a situation where there were no available jobs for Gilda with her specific skills.
Both types of unemployment, technological and structural, highlight the challenges workers face when their skills become obsolete or when there are changes in the demand for certain jobs.
Know more about technological unemployment, here:
https://brainly.com/question/3682845
#SPJ11
true or false: sending emails is an outdated and relatively unused practice when it comes to launching a product.
False, sending emails is not an old and little-used strategy for introducing a product.
The thing being sold is called a "product." An item or service can be considered a product. Physical, virtual, or cyberspace forms are all product possible. Every good has a price because it costs money to strategy produce it. The market, quality, marketing, and targeted market segment all affect the price that can be charged. Every product has a shelf life after which it needs to be replaced and a life cycle after which it needs to be redesigned. To make a brand more applicable to the market and the times, in FMCG parlance, it can be extended, relaunched, or revamped.
A product must be applicable; users must find immediate use for it. A product must have the functionality and quality to carry out its intended function.
It's important to communicate a product's benefits to users and potential users so they understand why they should use it and how it will improve strategy their lives. This is best achieved through marketing and "brand building."
Learn more about product here
https://brainly.com/question/22852400
#SPJ4
Describe an example of an equity investment that can also produce income. (1-3 sentences)
The most prevalent sort of equity income investing is stocks. Companies typically pay dividends to reward shareholders, attract investor money, and boost share prices when they have limited investment alternatives and extra cash.