1. The Total product cost per unit for Product B is $138. 2. a) The Quality inspections activity rate is $288 per inspection. b) The Overhead cost per unit for Product B = $38,880 / 480 units is $81 per unit. c) Total product cost per unit for Product B is $189 per unit.
1. Using a plantwide overhead rate based on 6,000 direct labor hours, compute the total product cost per unit for each product.
To calculate the plantwide overhead rate, divide the total budgeted overhead by the total budgeted direct labor hours:
Plantwide overhead rate = Total budgeted overhead / Total budgeted direct labor hours
Plantwide overhead rate = $72,000 / 6,000 hours
Plantwide overhead rate = $12 per direct labor hour
For Product A:
Direct materials cost = $34 per unit
Direct labor cost = $54 per unit
Overhead cost = Direct labor hours * Plantwide overhead rate = 2 hours * $12 per hour = $24 per unit
Total product cost per unit for Product A:
$34 (direct materials) + $54 (direct labor) + $24 (overhead) = $112 per unit
For Product B:
Direct materials cost = $44 per unit
Direct labor cost = $64 per unit
Overhead cost = Direct labor hours * Plantwide overhead rate = 2.50 hours * $12 per hour = $30 per unit
Total product cost per unit for Product B:
$44 (direct materials) + $64 (direct labor) + $30 (overhead) = $138 per unit
2. Consider the following additional information about these two products. If activity-based costing is used to allocate overhead cost,
(a) Compute overhead activity rates:
To calculate the overhead activity rates, divide the budgeted cost for each activity by the corresponding activity driver:
Machine setup activity rate = Machine setup cost / Number of machine setups
Machine setup activity rate = $24,000 / 20 setups
Machine setup activity rate = $1,200 per setup
Parts handling activity rate = Parts handling cost / Number of parts
Parts handling activity rate = $19,200 / 16,000 parts
Parts handling activity rate = $1.20 per part
Quality inspections activity rate = Quality inspections cost / Number of inspections
Quality inspections activity rate = $28,800 / 100 inspections
Quality inspections activity rate = $288 per inspection
(b) Allocate overhead cost to Product A and Product B and compute overhead cost per unit for each:
For Product A:
Overhead cost for setups = Machine setup activity rate * Number of setups
Overhead cost for setups = $1,200 per setup * 8 setups = $9,600
Overhead cost for parts = Parts handling activity rate * Number of parts
Overhead cost for parts = $1.20 per part * 10,000 parts = $12,000
Overhead cost for inspections = Quality inspections activity rate * Number of inspections
Overhead cost for inspections = $288 per inspection * 40 inspections = $11,520
Total overhead cost for Product A = $9,600 + $12,000 + $11,520 = $33,120
Overhead cost per unit for Product A = Total overhead cost / Units produced
Overhead cost per unit for Product A = $33,120 / 2,400 units = $13.80 per unit
For Product B:
Overhead cost for setups = Machine setup activity rate * Number of setups
Overhead cost for setups = $1,200 per setup * 12 setups = $14,400
Overhead cost for parts = Parts handling activity rate * Number of parts
Overhead cost for parts = $1.20 per part * 6,000 parts = $7,200
Overhead cost for inspections = Quality inspections activity rate * Number of inspections
Overhead cost for inspections = $288 per inspection * 60 inspections = $17,280
Total overhead cost for Product B = $14,400 + $7,200 + $17,280 = $38,880
Overhead cost per unit for Product B = Total overhead cost / Units produced
Overhead cost per unit for Product B = $38,880 / 480 units = $81 per unit
(c) Compute product cost per unit for each:
For Product A:
Total product cost per unit = Direct materials cost + Direct labor cost + Overhead cost per unit
Total product cost per unit for Product A = $34 + $54 + $13.80 = $101.80 per unit
For Product B:
Total product cost per unit = Direct materials cost + Direct labor cost + Overhead cost per unit
Total product cost per unit for Product B = $44 + $64 + $81 = $189 per unit
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Green Corporation has total sales revenues of $400,000. If its total fixed costs are $70,000 and its total variable costs are $180,000, the contribution margin is Group of answer choices $330,000. $250,000. $550,000. $220,000. Flag question: Question 11 Question 1110 pts Frost Company has a contribution margin per unit of $49. If 10,000 more items are sold, and fixed expenses remain the same, the net change in operating income will be Group of answer choices $343,000. ($343,000). $490,000. $7,000. Flag question: Question 12 Question 1210 pts Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $750. He pays a sales commission of 15% of sales revenue to his sales staff. Stanley pays $1,400 a month rent for his store, and also pays $3,000 a month to his staff in addition to the commissions. Stanley sold 200 bicycles in June. If Stanley prepares a contribution margin income statement for the month of June, what would be his contribution margin
Answer:
Part 1
the contribution margin is $220,000
Part 2
the net change in operating income is $270,000
Part 3
Stanley's Bicycles contribution margin is $7,500
Explanation:
Green Corporation Contribution Margin Statement
Sales revenues $400,000
Less Variable costs ($180,000)
Contribution $220,000
Less Fixed Cost ($70,000)
Net Income $150,000
Frost Company Contribution Margin Statement
Contribution ($49 x 10,000) $490,000
Less Fixed Cost ($70,000)
Net Income $420,000
Change = $420,000 - $150,000 = $270,000
Stanley's Bicycles Contribution Margin Statement
Sales Revenue ($750 x 200) $150,000
Less Variable Costs :
Cost of Sales ( $600 x 200) ($120,000)
Commission ($150,000 x 15%) ($22,500)
Contribution $7,500
Less Fixed Costs
Rent expense ($1,400)
Salaries ($3,000)
Net Income $3,100
________ is characterized by a continuous state of excessive, uncontrollable, and pointless worry and apprehension.
fffffAnswer:
f
Explanation:
To identify patterns across transactions, we can use _____.
a. association rules
b. complete linkage
c. centroid linkage
d. k-means
pe Problems
he following transaction of Raj:
Raj started business with cash Rs 20,000
Purchased goods for cash Rs 4,000
Goods purchased from Rabina Rs 4,000
Furniture purchased from Kailash for Rs 6,000
l entries
Account
Answer:
cash a/c .......Dr rs.20000
To, capital a/c rs.20000
An investment company where workers follow a strict schedule is an example of a(n) _____. a. informal workplace b. unstructured workplace c. casual workplace d. formal workplace
Answer:
d. formal workplace
Explanation:
A formal workplace has a structured way of doing things. Both the management and employees dress in the prescribed attire. There is a lot of emphasis on rules and procedures in the work processes. Information and work instruction follow established communication channels within the business. Hierarchy and protocols are observed when making official reports.
Answer:
D)
Explanation:
Which of the following choices is not a step that can reduce your spending?
a.
eating at home, rather than dining out
b. using budgeted cash only
c. forgoing premium cable TV channels
d. purchasing reduced fat lattes during the week
Out of the given options, you won't reduce your spending by d. purchasing reduced fat lattes during the week.
How can we reduce spending?The best way to reduce spending is by spending less on things that we don't need or that we can do without.
In this case, spending on fat lattes won't be a way to reduce spending because they aren't very significant.
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Discuss whether or not growth of an industry will increase the profit earned by the firms in the industry.
Answer: Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
Explanation:
Industries have their various activities, competition, customers (both prospective and existing). A growth in industry would mean that there is a larger demand for what is been sold in that industry, and when the demand is high, their would be lack, which would create that gap and allow marketers or producers get more profit, based on the high demand now. Definitely, the larger the market, the larger the demand, the higher the profit. In some cases where the market is large, the producers may not meet up on some occasions, this make other producers to actually increase their profit margin based on they have to increase production.
a company just starting in business purchased three merchandise inventory items at the following prices. first purchase $80; second purchase $95; third purchase $85. if the company sold two units for a total of $270 and used fifo costing, the gross profit for the period would be
If the company sold two units for a total of $270 and used FIFO costing method, the cost of goods sold for the period would be calculated based on the assumption that the first items purchased (at $80 each) were sold first, followed by the second purchase (at $95), and finally, the third purchase (at $85).
Therefore, the cost of goods sold would be $80 + $95 = $175, leaving a gross profit of $95 ($270 - $175).
It is important to note that FIFO (First-In, First-Out) is a method of inventory valuation that assumes that the first items purchased are the first ones sold. This method can be useful for companies that want to maintain an accurate inventory balance and avoid obsolescence. However, it can also result in higher taxes during periods of inflation, as the cost of goods sold is based on older, lower-priced inventory. Overall, using the FIFO costing method can help companies make informed decisions about their inventory and pricing strategies to maximize profits.
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a recent research signified the large health benefits of eating cooked tomatoes. holding other things constant, this will cause a. the demand curve for tomatoes to shift to the right b. the demand curve for tomatoes to shift to the left c. the supply curve for tomatoes to shift to the right d. the supply curve for tomatoes to shift to the left
The recent research highlighting the health benefits of eating cooked tomatoes would likely cause the demand curve for tomatoes to shift to the right. Option a is correct.
This is because the increased awareness of the health benefits would lead to a higher demand for tomatoes, as more people would be inclined to consume them. However, it would not affect the supply curve for tomatoes, as the supply is determined by factors such as production and availability, which are not directly influenced by health benefits.
Therefore, the correct answer would be option A, the demand curve for tomatoes would shift to the right.
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A computer programmer turns over all access to
files before leaving a company for retirement.
be fair and honest with customers.
protect sensitive information.
do no harm to a company when leaving.
protect system access of users.
A computer programmer turns over all access to files before leaving a company for retirement means, we should do no harm to a company when leaving.
Who is a computer programmer?This refers to the person that performs the process of computation usually by designing and building an executable computer program.
Hence, when he/she turns over all access to files before leaving a company for retirement means, we should do no harm to a company when leaving.
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Answer:
C). Do no harm to a company when leaving.
Explanation:
I just did the Assignment on EDGE2020 and it's 200% correct!
Also, heart and rate if you found this answer helpful!! :) (P.S It makes me feel good to know I helped someone today!!) :)
a description about agriculture
Answer:
The art and science of cultivating the land, growing crops, and raising livestock is known as agriculture. It entails the processing of plant and animal products for human consumption as well as their delivery to markets. These goods, as well as the agricultural practices employed, may differ from one region to the next.
Explanation:
Hope this helps!
Please mark me as Brainlineast.
Which best describes the difference between itemized tax deductions and adjustments to income?
O Adjustments to income can automatically be taken regardless of what types of deductions a filer takes.
O A single accountant who has high house payments, property tax and state income tax.
O After paying tuition and filing federal tax forms.
O A filer must file a federal tax return
Itemized tax deductions and adjustments to income are two tax benefits available to taxpayers to reduce their tax liability.
The main difference between itemized tax deductions and adjustments to income is that itemized deductions are expenses that are subtracted from a filer's adjusted gross income (AGI), while adjustments to income are deducted before the AGI is calculated.
Itemized tax deductions and adjustments to income are two tax benefits available to taxpayers to reduce their tax liability. The main difference between itemized tax deductions and adjustments to income is that itemized deductions are expenses that are subtracted from a filer's adjusted gross income (AGI), while adjustments to income are deducted before the AGI is calculated. Adjustments to income, also known as above-the-line deductions, are subtracted from a taxpayer's total income to arrive at their AGI.
These deductions are available to all taxpayers and do not require them to itemize their expenses. Examples of adjustments to income include contributions to traditional individual retirement accounts (IRAs), student loan interest, and self-employed health insurance premiums. These deductions are beneficial because they reduce the filer's taxable income, which in turn reduces their overall tax liability.Itemized deductions, on the other hand, are expenses that can only be claimed if the taxpayer chooses to itemize their expenses on their tax return. Examples of itemized deductions include mortgage interest, state and local taxes, and charitable contributions. Taxpayers who choose to take the standard deduction do not get the benefit of these deductions.
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Which of the following is not a business-to-business (B2B) market.
A. Raw Materials
B. Process materials
C. Major equipment
D. Shopping Goods
Answer:
I don't know the exact answer but I guess it will be option (B) process materials
How do you select the fruit for jam ?
Answer:
Explanation:
you could buy fruit from the super market or you could get fruits from your backyard garden if you have one or you you collect fruits from farms near you!
Answer:
You can go to your nearest store and get fruit or you can grow different fruit trees but that will take years.
Explanation:
luke takes temporary family leave from his job at metal works corporation to arrange for childcare and deal with financial and legal matters when naomi, his spouse, a u.s. marine on active duty, is deployed overseas. on luke’s return from the leave, metal works must
a. do nothing.
b. reimburse him for his expenses while on leave.
c. promote him to the status of a key employee.
d. restore him to his same position or a comparable position
Option D is correct, On Luke's return from the leave, the metal works corporation must restore him to his same position or a comparable position.
This is true according to California Labor Code 2922's definition of "at-will" employment for all state employees. The employer or you have the right to terminate your "at-will" employment at any moment, with no prior notice or other requirements.
The company is not permitted to use union membership as a factor in hiring decisions when employees must be let go. The prohibitions against discrimination cover hiring practices as well. Certain union activities are considered unfair labor practices according to the Labor-Management Relations Act.
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producer surplus for an individual firm is calculated by the minimum price at which a producer is willing to sell from the market price. true or false
True. Producer surplus for an individual firm is calculated by subtracting the minimum price at which a producer is willing to sell from the market price. In other words, it is the difference between the actual price received by the producer and the lowest price they would have been willing to accept for their goods or services.
Producer surplus is an important concept in economics, as it helps to measure the overall efficiency of a market.
When there is a surplus, it indicates that producers are able to sell their goods or services at a higher price than they would have been willing to accept, which can lead to greater profits for the producer.
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Need Help
What does having a positive attitude mean in terms of work behavior?
(six sentences)
The importance of Administration functions
The core of any company or organization is its administration. They are a group of actions that support the systematic and efficient management and coordination of an organization's many operations.
The importance of administration is -
1. The planning - The main function of administration is planning the goal, and objective and guiding the people of the team for the fulfillment of the objective. Through the planning method, the administrator can plan the number of resources going to be used in fulfillment of the objective.
2. Organizing - This involve the delegation of work to people and clearly defining their roles for the work which has to do.
3. Staffing - It involves the function of hiring, training, and retaining the employees of the organization.
In summary, the functions of administration play a crucial role in the success of any organization.
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15.why are other central bank from around the world interested in how the federal reserve operates?
The other central bank from around world are interested in how federal reserve operates because their own economic policies to equal economic growth and better living standards for the citizens.
What is federal reserve system?The central banking structure of the United States of America is the Federal Reserve System, also referred to as the Federal Reserve or simply the Fed. Following a string of financial panics, including the Panic of 1907, which sparked the need for centralized control of the monetary system to prevent financial crises, it was established on December 23, 1913, with the passage of the Federal Reserve Act. Over time, occurrences like the 1930s Great Depression and the 2000s Great Recession have prompted the Federal Reserve System to assume more roles and responsibilities.
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has the growth of ben and jerry's contributed to some form of greenwashing by parent company unilever? if so, how?
Greenwashing is the practice of making exaggerated or false claims about a company's environmental friendliness in order to appeal to environmentally conscious consumers.
Unilever's ownership of Ben & Jerry's has created a potential conflict of interest in terms of the environmental and social responsibility claims made by both brands.
While Ben & Jerry's has built its reputation on a commitment to using sustainable ingredients, engaging in socially responsible business practices, and supporting progressive social and environmental causes, Unilever has a much larger and more complex portfolio of products and brands that may have conflicting interests.
As a multinational corporation, Unilever has been accused of engaging in various practices that are not in line with Ben & Jerry's commitment to sustainability and social responsibility. This has led some to question whether Unilever is using Ben & Jerry's positive reputation to "greenwash" its larger, less environmentally friendly operations.
In conclusion, while it is unclear to what extent Unilever has contributed to greenwashing through its ownership of Ben & Jerry's, there is a clear potential for conflict between the values and practices of both brands. As such, it is important for consumers to carefully consider the practices and policies of both companies when making purchasing decisions.
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What does indigenous technology mean?
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
Suppose the owner of a rare piece of art has recently died, and their will specified that an economist should make sure that the painting is passed on "efficiently". Which of the following methods is most likely to result in efficiency?
Multiple Choice
The painting is given to the owner’s only child.
The painting is put into storage to preserve its quality.
The painting is auctioned to the highest bidder.
All of these are equally efficient.
Of the options provided, the method that is most likely to result in efficiency, based on economic principles, is: C) The painting is auctioned to the highest bidder.
Auctioning the painting to the highest bidder is generally considered the most efficient method of transferring the ownership of a rare piece of art. Auctions create a competitive market environment where potential buyers place bids based on their willingness to pay. The highest bidder, who values the painting the most, wins the auction and obtains ownership. Auctions are known to reflect the market value of the painting more accurately compared to other methods. By allowing potential buyers to compete for ownership, the auction process ensures that the painting is allocated to the individual who values it the most, thus maximizing its economic efficiency. The market forces of supply and demand play a role in determining the price and allocation of the painting, resulting in an efficient outcome. In contrast, giving the painting to the owner's only child may not necessarily align with economic efficiency, as it does not involve a market-based valuation process. Similarly, putting the painting into storage to preserve its quality may not address the issue of efficient allocation unless there are specific plans for its future use or potential sale.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Can someone show me this solution in Excel?
Make Me Rich Inc., new multi-level marketing company, based in Slickville, Utah, borrows
$7,000,000 from Tony "the fish" Bandino, your past missionary companion. Tony does no
confidence in the company’s ability to pay him when the loan is due in five years. Calculate how
much the company would need to deposit in a sinking fund (think retirement account) on a
monthly basis so that the fund has $6,000,000 at the end of the loan. Assume a nominal interest
rate of 5%.
The result will be a negative value, indicating the monthly deposit needed for the sinking fund.
To calculate the monthly deposit needed for the sinking fund, we can use the future value of an ordinary annuity formula in Excel.
Use the formula =FV(rate, nper, pmt, [pv], [type]) to calculate the future value of the sinking fund. In this case, the rate is the nominal interest rate divided by 12 (5%/12), the nper is the number of months (5 years * 12 months/year), and the pv is the present value or loan amount (-$7,000,000). The future value should be $6,000,000.Rearrange the formula to solve for the monthly payment (pmt). The formula becomes =PMT(rate, nper, [pv], [fv], [type]).Plug in the values into the formula. The rate is 5%/12, the nper is 5 years * 12 months/year, the pv is -$7,000,000, and the fv is $6,000,000. The type is 0 for end-of-period payments.The calculated monthly deposit needed for the sinking fund will be the result of the PMT formula.The result will be a negative value indicating the monthly deposit needed to reach the desired future value.
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In a few sentences, explain what it means to
be financially responsible.
Answer:
Being financially responsible means to not spend your money on stuff that aren't needed. It also means saving your money for when you actually need it. Evaluate your earning spendings habits and see how you could maybe save more money each paycheck.
Answer:
Being financially responsible means you are earning more than you are spending. You should also create a budget to track income and expenses, and do what you can to always pay bills on time.
Explanation:
Products are often designed and marketing programs are tailored to meet the specific needs of a specific ________. group of answer choices marketing
Market segmentation is a advertising method in which pick out companies of buyers are recognized so that certain merchandise or product strains can be presented to them in a way that appeals to their interests.
What are the 4 kinds of market segmentation?Demographic, psychographic, behavioral and geographic segmentation are considered the 4 predominant kinds of market segmentation, however there are also many other techniques you can use, including numerous variations on the 4 predominant types. Here are numerous greater techniques you might also desire to seem into.
What is a psychographic in marketing?Psychographics is the qualitative methodology of analyzing shoppers based on psychological traits and features such as values, desires, goals, interests, and lifestyle choices. Psychographics in advertising and marketing focal point on perception the consumer's emotions and values, so you can market greater accurately.
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https://brainly.com/question/15357678#SPJ4the housing financial discrimination act of 1977 prohibits: group of answer choices redlining. steering. blockbusting. none of the answers are correct
The Housing Financial Discrimination Act of 1977 prohibits redlining, steering, and blockbusting.
Redlining refers to the practice of denying or limiting financial services, such as loans or insurance, to certain neighborhoods based on their racial or ethnic composition. Steering involves directing individuals towards or away from certain neighborhoods based on their race, thereby influencing housing choices.
Blockbusting refers to the practice of inducing panic selling in a neighborhood by making residents fear an influx of minority groups. These practices were deemed discriminatory and were made illegal by the Housing Financial Discrimination Act of 1977, aiming to promote fair and equal access to housing opportunities.
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Complete Question:
The Housing Financial Discrimination Act of 1977 prohibits which of the following practices: redlining, steering, blockbusting, or none of the answers are correct?
On January 1, 2017, Alpha Company purchased a significant influence shares investment in the Bravo-Zulu Company for $250,000. This investment balance represents 25% of the equity of the Bravo-Zulu Company. During 2017, Bravo-Zulu Company reported Net Income of $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders. Using this information, what are the FY 2017 balances in Alpha Company's account balances for: a. Investment in Bravo-Zulu b. Investment Income
Answer:
a) $253,750
b) $6,250
Explanation:
Alpha company purchased shares in Bravo-Zulu company for $250,000
This represents 25% of the equity of Bravo-Zulu company.
In 2017, Bravo-Zulu Company Net Income = $25,000 on November 15, 2017 Bravo-Zulu Company paid cash dividends of $10,000 to its shareholders.
The FY 2017 balances in Alpha Company's account balances are:
a) For investment in Bravo-Zulu
= $250,000 + net income - share in dividend.
= $250,000 + ($25,000 * 25%) - ($10,000 * 25%)
= $250,000 + $6,250 - $2,500
= $253,750
b) For investment income
= $25,000 * 25%
= $6,250
A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:
1. 401k
2. Tax shelter account
3. Stocks
or 4. Bonds
Answer:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.
Businesses get paid for the value it delivers through its business model. True or False?
True. Businesses get paid for the value they deliver through their business model.
The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.
In conclusion, businesses do get paid for the value they deliver through their business model.
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