In the following question, among the Various parts to solve on forecasting - A- July: 1,680 units, August: 1,900 units, September: 1,560 units. B- July: 10,080 pounds, August: 11,400 pounds.
a. The firm's policy is to have finished goods inventory on hand at the end of the month which is equal to 80% of the next month's sales. Based on the given information, we can calculate the number of units to be produced in each of the months of July, August, and September:
July: 8,400 units x (1-0.8) = 1,680 unitsAugust: 9,500 units x (1-0.8) = 1,900 unitsSeptember: 7,800 units x (1-0.8) = 1,560 unitsb. Each unit of finished product requires four pounds of raw materials. The firm's policy is to have raw material inventory on hand at the end of each month which is equal to 70% of the next month's estimated usage. Based on the given information, we can calculate the number of pounds of raw materials to be purchased in each of the months of July and August:
July: 8,400 units x 4 pounds = 33,600 pounds x (1-0.7) = 10,080 poundsAugust: 9,500 units x 4 pounds = 38,000 pounds x (1-0.7) = 11,400 poundsFor more such questions on forecasting
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Match each item to the correct document.
listing of volunteer activities
transcripts
presentation done at your last
job
degrees earned
Portfolio
Resume
Answer:
transcripts degrees earned
listing of volunteer activities portfolio
presentation done at your last job resume
Explanation:
a transcript is earned after getting a degree
A standard Résumé includes a "summary" of relevant educational background and work history. A transcript is a documented record.A portfolio is an organized, visual collection of a person's progress, achievements
What is Resume ?A standard résumé includes a "summary" of relevant educational background and work history. The résumé is normally one of the first things a potential employer sees about a job seeker, along with a cover letter and occasionally an application for employment, and is commonly used to screen applicants, frequently followed by an interview.
What is Transcript ?A transcript is a documented record (inventory) of a student's academic progress that includes their complete enrollment history, all courses (or subjects) they have attempted, grades they have received, and any degrees or awards they have received.
The Family Educational Rights and Privacy Act of 1974 forbids the publication of information from an official transcript to a third party without that party's permission in the United States. A crime is classified as altering a transcript instates.
What is Portfolio ?A portfolio is an organized, visual collection of a person's progress, achievements, and efforts that demonstrates his/her accomplishments. The collection is a marketing tool aimed at potential employers that includes work samples and personal feedback on them.
Hence
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Determining Liquid Assets and Current Liabilities. Based on these items, what is the total of the (a) liquid assets and (b) current liabilities?
Checking account balance $860
Retirement account balance $57,000
Credit card balance $117
Coin collection $450
Savings account balance $2,675
Current student loan payment due $220
Investment account balance $8,000
Mortgage $178,000
A loan of $105,487.80 is to be amortized over a 10-year term at 6% interest compounded monthly with monthly payments and a $20,000 balloon payment at the end of the term. Calculate the monthly payment.
The monthly payment is $
(Do not round until the final answer. Then round to two decimal places as needed.)
Answer:
$1049.09
Explanation:
The present value of the balloon payment is ...
$20,000/(1 +.06/12)^(12·10)) = $10,992.65
So, the effective amount of the loan is ...
$105,487.80 -10,992.65 = $94,495.15
The amortization formula gives the payment as ...
A = P(r/n)/(1 -(1 +r/n)^(-nt)) = $94,495.15(.06/12)/(1 -(1 +.06/12)^(-12·10))
= $94,495.15(.005)/0.450367 = $1049.09
The monthly payment is $1049.09.
A clearance rack is marked as 60% off the regular price to be taken at the register. If a jacket on the clearance rack is marked $239. 99, what will it ring up for at the register? a. $14. 40 b. $60. 00 c. $96. 00 d. $143. 99 Please select the best answer from the choices provided A B C D.
The correct answer is:
c. $96.00
To determine the price of the jacket at the register, we need to calculate 60% off the marked price of $239.99.
60% of $239.99 can be calculated by multiplying $239.99 by 0.60:
$239.99 * 0.60 = $143.99
Therefore, the jacket will ring up for $143.99 at the register.
The question states that the jacket on the clearance rack is marked as 60% off the regular price. This means that the customer will receive a discount of 60% when purchasing the jacket. To calculate the discount amount, we multiply the marked price by 60% (or 0.60). In this case, the marked price of the jacket is $239.99.
$239.99 * 0.60 = $143.99
Hence, the jacket will ring up for $143.99 at the register, which corresponds to a 60% discount off the original price. Therefore, the correct answer is c. $96.00.
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Salmon, Incorporated issues 500,000 shares of preferred stock for $60 a share. The stock has a fixed annual dividend rate of 5% and a par value of $18 per share. The current price of the preferred stock is $64 a share. If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: _________
If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.
Using this formula
Annual dividends= Par value × Fixed Annual dividend rate
Where:
Par value= $18 per share
Fixed Annual dividend rate= 5% or 0.05
Let plug in the formula
Annual dividends= $18 per share × 0.05
Annual dividends= $0.90 per share
Inconclusion if sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.
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Tuity fruity beverage company's operating activities for the year are listed below. purchases $140 comma 500 operating expenses 80 comma 600 beginning inventory 12 comma 900 ending inventory 18 comma 300 sales revenue 300 comma 700 what is the gross profit for the year?
Answer:
$135,100
Explanation:
Given :
Cost of purchasing: $140,500
Operating expenses :$80,600
beginning inventory:$12,900
Ending inventory:$18,300
sales revenue :$300,700
Gross profit of the year can be determined by
Cost of purchasing + beginning inventory - Ending inventory
=140,500 + 12,900 -18,300
=$153,400-$18,300
=$135,100
Select one answer only (choose among the 5 answers available) To represent the amount of pedestrian traffic through a color chart (red for the maximum, blue for the minimum and yellow in between, for example) projected onto the geographical map of a city, it is useful to Dot distribution maps use... A heat map A bubble chart A georeferenced map A cartogram
To represent the amount of pedestrian traffic through a color chart projected onto the geographical map of a city, it is useful to use a heat map.
What is a heat map and how does it represent pedestrian traffic?A heat map is a graphical representation where different colors are used to represent different levels of intensity or values within a dataset. In the context of pedestrian traffic, a heat map can be used to visualize the density or volume of pedestrian movement in different areas of a city. The colors on the map, such as red for high pedestrian traffic, blue for low traffic, and yellow for intermediate levels, help provide a quick and intuitive understanding of the distribution of pedestrian activity.
Heat maps are particularly effective for representing pedestrian traffic because they allow viewers to easily identify areas with high or low footfall. By overlaying the heat map onto a geographical map of the city, it becomes possible to visually analyze patterns and trends in pedestrian movement, which can inform urban planning, transportation management, and infrastructure development.
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Compare these costs.
48 paper plates for $2.99
75 paper plates for $3.99
Answer:
the $3.99 one cost less per unit
Explanation:
the $2.99 = $0.06 per unit
the $3.99 = $0.05 per unit
1. What could the twin sisters have done differently? 2. Should Hanson have targeted more than $10,000? 3. In both cases, were the financial results worth the effort? 4. What would you do differently if you were to run a crowdfunding campaign?
Twin sisters could have used analytics and other tools provided search engine and Hanson shouldn't have targeted for more because believable goal is the better goal for a business.
Additionally, analytics are used to track the visits of different people. Additionally, I would prepare the post-scaling plans and include them in the video so that the investor could assess the viability of the concept.The effort put forth to raise the cash was not worthwhile because the net amount raised was small. Other intangible benefits of this effort could include concept testing for the company from an unidentified audience, which could serve as knowledge for bettering the product or business concept. Additionally, it results in the establishment of a campaign that could be employed in the future, creating value that might extend beyond just the crowd fundraising campaign.To learn more about analytics click here
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write a short response paragraph explaining how a credit score could contribute to keeping someone caught in a cycle of poverty
Answer:
A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.
Explanation:
At what age can you start working?
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
why is south africa regarded as a developing country
Answer:
This is due to the fact that South Africa is currently in a state of poverty and has very high unemployment rates, meaning there are a lot of poor people on the streets and it is uneasy/many do not have jobs either.
Explanation:
Sally earns $3200 per month. If 6.2% is withheld for Social Security and 1.45% is withheld for Medicare, how much is withheld for FICA tax each month? Round your answer to the nearest cent, such as: $328.13.
Answer:
$244.8
Explanation:
Calculation for how much is withheld for FICA tax each month
FICA tax =($3200 per month*Social Security 6.2%)+($3200 per month*Medicare 1.45%)
FICA tax =$198.4+$46.4
FICA tax =$244.8
Therefore how much is withheld for FICA tax each month is $244.8
What is the first-known example of a corporation issuing stock? In what time period did
this take place
Answer:
i love you :)
Explanation:
The first modern IPO occurred in March 1602 when the Dutch East India Company offered shares of the company to the public in order to raise capital. The Dutch East India Company (VOC) became the first company in history to issue bonds and shares of stock to the general public.
varela corporation's relevant range of activity is 2,000 units to 6,000 units. when it produces and sells 4,000 units, its average costs per unit are as follows: average cost per unit direct materials $ 5.95 direct labor $ 3.30 variable manufacturing overhead $ 1.60 fixed manufacturing overhead $ 3.00 fixed selling expense $ 0.50 fixed administrative expense $ 0.40 sales commissions $ 1.50 variable administrative expense $ 0.50 for financial reporting purposes, the total amount of period costs incurred to sell 4,000 units is closest to:
$3,400 is the total amount spent throughout the course of selling 4,000 units (fixed selling costs of $0.50/unit, fixed administrative costs of $0.40/unit, and sales commissions of $1.50/unit).
Period costs in cost accounting are outlays that aren't immediately connected to the creation of products or services. Instead of being included in the cost of goods sold, these expenses are expensed in the period in which they are incurred. The sum of the fixed selling costs, fixed administration costs, and sales commissions in this case is $3,400 ($0.50 + $0.40 + $1.50 = $2.40 per unit * 4,000 units), which represents the total period costs incurred to sell 4,000 units. It's vital to remember that the cost of goods sold calculation only accounts for the direct materials, direct labour, and manufacturing overhead expenses needed to make the units, leaving out the period costs.
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On May 12, 2022, Hudson Merchandise sold merchandise on account to Guzman Housewares for $6,897, terms 3/10, n/30. If Guzman returns merchandise with a sale price of $318 on May 15, 2022, what amount will Hudson record in their Cash account if Guzman pays in full on May 20, 2022
The amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
Using this formula
Cash account =[(Merchandise on account - Merchandise sale price)× (1-Discount rate)]
Where:
Merchandise on account=$6,897
Merchandise sale price=$318
Discount rate=3%
Let plug in the formula
Cash account=[($6,897 - $318)×(1-0.03)]
Cash account=$6,579× 0.97
Cash account= $6.381.63
Inconclusion the amount that Hudson will record in their Cash account if Guzman pays in full on May 20, 2022 is $6381.63.
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Which qualifications are especially useful for Business Financial Management careers? Check all that apply.
advanced math skills
knowledge of finance laws
research skills
knowledge of insurance systems
critical thinking skills
customer-service skills
leadership skills
Answer:
advanced math skills
knowledge of finance laws
research skills
critical thinking skills
There are some qualifications to meet so as to become a business manager.
The qualifications that are especially useful for Business Financial Management careers are:
Advanced math skillsKnowledge of finance lawsResearch skillsCritical thinking skillsBusiness Financial Management, the Skills and Qualifications that are often required are:
Bachelor's degree in business, management, or related field.A minimum of 3 years experience as a business manager or relevant managerial role.A work experience with business and strategy development processes. etc.Some of the Career Options in Management are:
Marketing Manager. Sales Manager. Financial Manager. etc.There are a lot of opportunities to grow one's career as a very skilled specialist.
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Which is an example of an anticipatory breach?
A. A moving company delivers a person's furniture and belongings with some scratches and damages.
B. A painter uses a dark blue color instead of the light blue color the client requested to paint the client's bathroom.
C. A saleswoman sells a customer a kitchenware set but does not include the free steak knives that were promised.
D. A construction company determines it will not finish building a townhouse by the scheduled completion date.
Answer:
D. A construction company determines it will not finish building a townhouse by the scheduled completion date.
Explanation:
An anticipatory breach is when a party knows its not going to complete or be able to finish the works it needs to do by the terms mentioned in the contract.
State Federal Bank (SFB) offers two borrowing options to businesses: (1) a simple interest loan with a 9 percent interest rate and no compensating balance and (2) a discount interest loan with a quoted rate equal to 8 percent that requires a 15 percent compensating balance. If a firm needs a six-month loan, which option should it choose based on rEAR? Assume the firm normally maintains a negligible checking account balance at the bank. Assume there are 360 days in a year. Do not round intermediate calculations. Round your answers to two decimal places.
Option 1, rEAR: %
Option 2, rEAR: %
To determine which borrowing option is more favorable based on rEAR (effective annual rate), let's calculate the rEAR for each option.
Option 1: Simple Interest Loan
Interest Rate: 9%
Compensating Balance: None
Since there is no compensating balance requirement, the interest rate is the same as the quoted rate. To calculate the rEAR, we can use the formula:
rEAR = (1 + i/n)^n - 1
Where:
i = interest rate per period
n = number of periods in a year
In this case, since it's a six-month loan and there are 360 days in a year:
i = 9% / 100 = 0.09
n = 360 / 6 = 60
Plugging in the values:
rEAR = (1 + 0.09/60)^60 - 1
Calculating the rEAR for Option 1 gives us:
rEAR for Option 1: 9.4188%
Option 2: Discount Interest Loan
Quoted Rate: 8%
Compensating Balance: 15%
For the discount interest loan, the quoted rate is the interest rate charged on the amount borrowed, but a compensating balance is required. The effective cost of borrowing is adjusted to account for the amount of funds being held as a compensating balance.
To calculate the rEAR for the discount interest loan, we need to adjust the quoted rate by considering the portion of funds being held as a compensating balance. The formula for the rEAR in this case is:
rEAR = (i / (1 - b)) * (1 + b)^n - 1
Where:
i = quoted interest rate
b = compensating balance percentage
n = number of periods in a year
In this case:
i = 8% / 100 = 0.08
b = 15% / 100 = 0.15
n = 360 / 6 = 60
Plugging in the values:
rEAR = (0.08 / (1 - 0.15)) * (1 + 0.15)^60 - 1
Calculating the rEAR for Option 2 gives us:
rEAR for Option 2: 8.9631%
Based on the calculated rEAR values, the firm should choose Option 2, the discount interest loan with a quoted rate of 8% and a 15% compensating balance, as it has a lower effective annual interest rate (rEAR) compared to Option 1.
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After the introduction period, all consumers who have this platnium card will…
Based on financial services consumers' regulations, following the introduction period, all consumers who have this Platinum card will "qualify for APR (Annual Percentage Rates)."
The platinum card is issued to customers based on credit card worthiness.
Generally, APR rates are usually less than the introductory rate, such that it gives the individuals with APR the advantage when repaying their debts.
Hence, in this case, it is concluded that the rate given at the introductory period of a Platinum Card is more than that of the APR period.
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Is Philippine National Bank a government bank?
Philippine National Bank (PSE): PNB is the country's first universal bank and his fourth largest private commercial bank in the Philippines. PNB he founded in 1916 and was fully privatized.
Philippine National Bank (PNB), National Bank of the Philippines; It was founded on July 22, 1916 during the American colonial period.
This bank he became the first universal bank in the Philippines in 1980 and after being privatized by the government. After merging with Tan-owned Allied Bank on February 9, 2013, PNB became the country's fifth largest domestic private bank.
To date, PNB has a total of 713 domestic branches and his over 1,400 ATMs strategically located across the country. PNB maintains its position as the Philippine bank with the broadest international reach, with over 70 overseas branches, representative offices, remittance centers and affiliates in Asia, Europe, the Middle East and North America.
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Since there are advantages and disadvantages for all types of incentive pay, organizations offset the disadvantages by ______.
What organization do to offset the disadvantages by increasing the pay or awarding them for a job well done
Incentive pay by organizationsIncentives are bonuses given to employees based on their performance on the job.
Incentives are used to encourage production-line workers to increase their production output,
These incentives are known to be both advantageous and disadvantageous, what organizations do to offset the disadvantages by increasing the pay or awarding them for a job welldone
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In some countries a surgeon can earn 250000 or more each year. A nurse may earn just 40000 in comparison. Suggest three reasons for this differential in earnings.
Answer: See explanation
Explanation:
The reasons for the difference in wages include:
1. Education and training: A nurse uses about 4-5 years to train to become a nurse while a surgeon uses about 15 years both at medical school and for further training and examination before he or she qualifies as a surgeon. This is a reason for the higher earning of the surgeon.
2. Also, due to the low barriers to entry, there are numerous nurses than surgeons who are few. This affects earnings as well as there are more supply of nurses which brings about a lower income than surgeons who are scarce and highly priced.
3. The skills and experience matters as well and the risks involved in their jobs results in wage difference too.
1.) Production, Inputs, and Cost: Building Blocks for Supply Analysis
The firm can generally substitute one input for another. Whether or not it pays to substitute depends on the relative costs of labor and machinery. First, describe the alternative types of input proportions available to the firm. Then, describe the combination of inputs that represent the least costly way for the firm to produce its goods. Lastly, give one example of the firm’s substitutability from a recent news article
Production, Inputs, and Cost are the building blocks for supply analysis. Supply is the quantity of a product that the market can offer at a given price and is affected by production cost. The firm can usually replace one input with another, and whether or not it is advantageous to substitute depends on the relative costs of labor and machinery. In this context, it is essential to understand the different types of input proportions available to the firm. There are two types of inputs available to the firm: Labor and Capital.
The combination of inputs that represent the least expensive way for the company to produce its goods is determined by calculating the marginal cost of production (MC) for each input and selecting the combination of inputs that results in the lowest MC. In the short term, this is referred to as the firm's least-cost combination of inputs. In the long term, firms have the opportunity to change the size of their plant or factory, making it less expensive to produce goods. The substitution of labor and capital is an example of a firm's substitutability. There are several recent examples of this concept. For example, the production of automated kiosks at McDonald's restaurants is an example of capital substitution. Instead of employing human workers to take orders, McDonald's uses an automated system that allows customers to place orders themselves.
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What is the WORST thing for a physical learner to do while studying?
Exercise
Role-play
Sit still at a desk
Tap a pencil
Answer:
Exercise
Explanation:
Perfect competition has many sellers. has many sellers. is dominated by a few large firms. is dominated by a few large firms. is regulated by the government. is regulated by the government. includes monopolies and oligopolies.
Perfect competition is a market structure characterized by many sellers, not by a few large firms or monopolies/oligopolies.
In perfect competition, there are numerous independent sellers, each selling an identical or similar product. No single firm has control over the market, and each seller has a negligible impact on market price.
The key characteristics of perfect competition include:
1. Many sellers: There are a large number of firms operating in the market, with no single firm having a significant market share.
2. Identical or similar products: The products sold by different firms are homogeneous or nearly identical, making them perfect substitutes for consumer .
3. Price takers: Individual firms in perfect competition have no influence over the market price. They take the prevailing market price as given and adjust their quantity supplied accordingly.
4. Free entry and exit: Firms can freely enter or exit the market in response to market conditions. There are no significant barriers to entry or exit.
5. Perfect information: Buyers and sellers have complete knowledge of market conditions, including prices, quality, and availability of goods or services.
In contrast, market structures dominated by a few large firms are known as oligopolies or monopolies, where market power is concentrated in the hands of a limited number of sellers. These market structures often involve strategic interactions among the firms and may require government regulations to prevent abuse of market power. However, in perfect competition, no single firm has enough power to influence the market, and government regulation is generally not necessary.
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The marketplace is the essence of which of the following?
O The exchange process
O The manufacturing process
O The marketing process
The selling process
Answer:
The exchange process.
Explanation:
An exchange process can be defined as an act in which customers acquire a desired product or service from a seller (manufacturer, wholesaler, or retailer) with a tangible asset in return for value.
The marketplace where these products or services are being offered to the customers in return for value is the essence of the exchange process.
This ultimately implies that, a marketplace facilitates or enhances the exchange process by offering a channel to buy and sell products.
what did not contribute to the collapse of the stock market in 1929?
Answer: stock prices reflected the real value of companies
Explanation:
Which one of the four factors of copyright is MOST important?
Answer:
the purpose and character of the use i think
Explanation:
\( \: \: \: \: \: \: \)
What is Market
Answer:
market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services to buyers in exchange for money. It can be said that a market is the process by which the prices of goods and services are established. Markets facilitate trade and enable the distribution and allocation of resources in a society. Markets allow any trade-able item to be evaluated and priced. A market emerges more or less spontaneously or may be constructed deliberately by human interaction in order to enable the exchange of rights of services and goods. Markets generally supplant gift economies and are often held in place through rules and customs, such as a booth fee, competitive pricing, and source of goods for sale.
Explanation:
hope it helps.
have a great day
Answer:
market is a very business place