Due to the shortage of clean water, the demand for bottled water is likely to increase, causing the demand curve to shift to the right. This increased demand will likely lead to an increase in price, as the supply of bottled water remains constant.
For example, if the new market price is $6 and the quantity demanded is 1000 cases of bottled water and the quantity supplied is 800 cases of bottled water, then the shortage would be 200 cases of bottled water.
The shortage of clean water due to the accident will cause an increase in the demand for bottled water, leading to an increase in price and a shortage of bottled water.
Island nations can also face challenges when it comes to trade and transportation due to their isolated location. Importing goods can be more expensive due to transportation costs, and exporting goods can be more difficult due to limited transportation options. This can make it harder for island nations to compete in the global marketplace.
Overall, being an island nation presents both opportunities and challenges for business, and success depends on the country's ability to leverage its unique resources while also addressing the challenges of its location. One of the main advantages is that island nations can have unique resources and industries that can be leveraged for economic gain. For example, island nations with rich fishing grounds can develop a strong fishing industry, while those with geothermal activity can develop a geothermal power industry.
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Complete Question:
the island nation of coconutistan recently suffered an unfortunate accident which took its water treatment plant offline, leaving residents without clean water in their homes. the plant for bottling water was unaffected by the accident. the graph shows the supply and demand for bottled water before the accident. assume that $6 is the maximum price for a case of bottled water according to the price gouging laws on the island. shift one or more curves to show the effect of the accident on the market for bottled water. what is the amount of the shortage after the accident?
FILL IN THE BLANK. _____ are negative internal factors that inhibit the accomplishment of a firm's objectives.
A) Strengths
B) Weaknesses
C) Opportunities
D) Threats
Weaknesses are negative internal factors that inhibit the accomplishment of a firm's objectives. The correct option is b.
Weaknesses refer to the internal factors within a company that hinder its ability to achieve its objectives or compete effectively in the market. These factors can include limitations in resources, lack of expertise or skills, inefficient processes, poor financial performance, outdated technology, or any other internal deficiencies. Weaknesses can arise from various aspects of a company's operations, including its organizational structure, management practices, production capabilities, marketing strategies, or product/service offerings.
Identifying and understanding a firm's weaknesses is crucial for effective strategic planning and decision-making. By recognizing internal weaknesses, a company can develop strategies to address and overcome them, thereby enhancing its overall performance and competitiveness. This may involve investing in training and development programs to improve employee skills, implementing cost-saving measures, adopting new technologies, reevaluating business processes, or making organizational changes to streamline operations. By addressing weaknesses, a company can mitigate the internal obstacles that may impede its progress and better position itself to achieve its objectives and thrive in the market.
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A soft drink maker wants to expand into a neighboring country. They want the product bottled in that country to avoid political issues and to enhance the local image of the product. They have identified two options for the expansion. The first is to build a highly automated plant. The economies of scale would allow them to produce a can of soda for $0.04 and the distribution costs would be $0.02 per can. This facility would cost $1 million per year in fixed costs. The second option would be to build a semi-automated plant that would cost $650,000 per year in fixed costs. However, the cost to produce a can would be $0.07 and the distribution cost would be $0.04 per can.
a) Over what range of products would each plant be preferred?
b) Suppose the company believes that the demand would be 6,000,000 cans per year. Suppose all costs except the variable cost (sum of the production and distribution costs) for the semi- automated process are certain and cannot change. What would the variable cost (the sum of the production and distribution cost) per can for the semi-automated process have to be so that the soft drinker maker is indifferent between the two types of plants?
The variable cost per can for the semi-automated process would need to be lower than $0.15 in order to be preferred over the highly automated plant.
a) To determine the range of product quantities for each plant to be preferred, we need to compare the total costs for each option. Let's denote x as the number of cans produced.
For the highly automated plant:
Total cost = Fixed costs + (Production cost per can + Distribution cost per can) * x
Total cost = $1,000,000 + ($0.04 + $0.02) * x
Total cost = $1,000,000 + $0.06x
For the semi-automated plant:
Total cost = Fixed costs + (Production cost per can + Distribution cost per can) * x
Total cost = $650,000 + ($0.07 + $0.04) * x
Total cost = $650,000 + $0.11x
To find the range of product quantities for each plant to be preferred, we need to find the point where the total costs are equal:
$1,000,000 + $0.06x = $650,000 + $0.11x
Simplifying the equation, we get:
$0.05x = $350,000
x = 7,000,000 cans
Therefore, the highly automated plant would be preferred for producing up to 7,000,000 cans, while the semi-automated plant would be preferred for quantities beyond that.
b) If the company believes the demand is 6,000,000 cans per year and wants to determine the variable cost per can for the semi-automated process to be indifferent between the two plants, we can set up the equation:
$1,000,000 + ($0.06 * 6,000,000) = $650,000 + (Variable cost per can + $0.04) * 6,000,000
Simplifying the equation, we get:
$1,360,000 = $650,000 + $0.15 * 6,000,000
$1,360,000 = $650,000 + $900,000
$1,360,000 - $650,000 = $900,000
$710,000 = $900,000
Since $710,000 is less than $900,000, it is not possible for the soft drink maker to be indifferent between the two types of plants. The variable cost per can for the semi-automated process would need to be lower than $0.15 in order to be preferred over the highly automated plant.
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the project manager communicates the objective to the project team in such a manner as to create a vision of?
The project manager communicates the objective to the project team in such a manner as to create a vision of what the desired outcome of the project will be.
The project manager will need to clearly and concisely explain the objective to the team, making sure that all the details are outlined. Additionally, the project manager should be able to provide examples of how the goal will be achieved, so that the project team can understand what is expected of them.
Furthermore, the project manager should be able to provide incentives to the project team to motivate them to reach the goal. This can be in the form of rewards or recognition for completing tasks or reaching objectives. Finally, the project manager should always be able to provide feedback and direction on any problems or difficulties that may arise during the project. By providing a clear vision of the desired outcome and supporting it with practical methods for reaching it, the project manager can successfully create a vision of what the project should be.
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a financial plan is most influenced by
Answer: priorities and goals
Explanation: because
The financial plan is most influenced by priorities and goals Option(b) is correct.
What does Financial Plan means?Overall utilization, a financial plan is a complete assessment of a singular's ongoing compensation and future financial state by utilizing current known factors to foresee future pay, resource values and withdrawal plans.
In business, a financial plan can allude to the three essential financial assertions monetary record, pay explanation, and income proclamation) made inside a field-tested strategy. Financial estimate or financial plan can likewise allude to a yearly projection of pay and costs for an organization, division, or division.
A financial plan can likewise be an assessment of money needs and a choice on the most proficient method to raise the money, like through getting or giving extra offers in an organization A financial plan might contain forthcoming financial explanations, which are comparative, however unique, than a financial plan. Financial plans are the whole financial bookkeeping outline of an organization. Complete financial plans contain all periods and exchange types.
Therefore Option(b) is correct.
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Below you will find the closing stock prices for eBay over a three-week period. Calculate the simple three-day and five-day moving averages for the stock. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)Date Close4/23/2012 $ 37.834/24/2012 37.654/25/2012 37.254/26/2012 37.514/27/2012 36.774/30/2012 36.945/1/2012 37.015/2/2012 37.055/3/2012 37.745/4/2012 37.845/7/2012 37.775/8/2012 37.935/9/2012 38.265/10/2012 38.415/11/2012 38.243-day 5-day4/23/2012 4/24/2012 4/25/2012 $ 4/26/2012 4/27/2012 $4/30/2012 5/1/2012 5/2/2012 5/3/2012 5/4/2012 5/7/2012 5/8/2012 5/9/2012 5/10/2012 5/11/2012
To calculate the simple three-day and five-day moving averages for eBay's stock prices, we add up the closing prices for the number of days in the moving average and divide by the number of days.
The simple three-day moving averages are:
April 25th: ($37.83 + $37.65 + $37.25) / 3 = $37.58
April 26th: ($37.65 + $37.25 + $37.51) / 3 = $37.47
April 27th: ($37.25 + $37.51 + $36.77) / 3 = $37.18
April 30th: ($37.51 + $36.77 + $36.94) / 3 = $37.07
May 1st: ($36.77 + $36.94 + $37.01) / 3 = $36.91
May 2nd: ($36.94 + $37.01 + $37.05) / 3 = $37.00
May 3rd: ($37.01 + $37.05 + $37.74) / 3 = $37.27
May 4th: ($37.05 + $37.74 + $37.84) / 3 = $37.54
May 7th: ($37.74 + $37.84 + $37.77) / 3 = $37.78
May 8th: ($37.84 + $37.77 + $37.93) / 3 = $37.85
May 9th: ($37.77 + $37.93 + $38.26) / 3 = $37.98
May 10th: ($37.93 + $38.26 + $38.41) / 3 = $38.20
May 11th: ($38.26 + $38.41 + $38.24) / 3 = $38.30
The simple five-day moving averages are:April 27th: ($37.83 + $37.65 + $37.25 + $37.51 + $36.77) / 5 = $37.20
April 30th: ($37.65 + $37.25 + $37.51 + $36.77 + $36.94) / 5 = $37.14
May 1st: ($37.25 + $37.51 + $36.77 + $36.94 + $37.01) / 5 = $37.10
May 2nd: ($37.51 + $36.77 + $36.94 + $37.01 + $37.05) / 5 = $37.06
May 3rd: ($36.77 + $36.94 + $37.01 + $37.05 + $37.74) / 5 = $37.10
May 4th: ($36.94 + $37.01 + $37.05 + $37.74 + $37.84) / 5 = $37.32
May 7th: ($37.01 + $37.05 + $37.74 + $37.84 + $37.77) / 5 = $37.48
May 8th: ($37.05 + $37.74 + $37.84 + $37.77 + $37.93) / 5 = $37.87
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In the open-economy macroeconomic model, if for some reason foreign citizens want to purchase more U.S. goods and services at each exchange rate, then a. the demand for dollars in the market for foreign-currency exchange shifts right. b. the demand for dollars in the market for foreign-currency exchange shifts left. c. the supply of dollars in the market for foreign-currency exchange shifts right. d. the supply of dollars in the market for foreign-currency exchange shifts left.
Answer: a. the demand for dollars in the market for foreign-currency exchange shifts right.
Explanation:
If foreigners wanted to buy more U.S. goods and services, they would demand more dollars to do so as U.S. goods and services are denominated in dollars. This would shift the demand curve for U.S. dollars to the right to reflect the increase.
With the demand curve having shifted right, it will intersect with the supply curve at a higher rate. This new equilibrium point would mean a higher exchange rate which means the U.S. dollar would get stronger.
what factors into the opportunity cost for a decision?
Answer:
Price. Perhaps one of the biggest factors is the price; although this can vary depending on income.
Time. Everyone has the same 24 hours in a day. Whether you’re Bill Gates, Warren Buffett, or your next-door neighbor.
Effort. Time and effort are essentially interlinked. ...
Utility. This is essentially the enjoyment or pleasure that the consumer receives
Explanation:
You are looking at a sales report from last month. You notice one metric is much lower than expected, so you click on that metric to get more details from last month. Being able to get additional information on the underlying details of a value is an example of using the ______ _______ feature of the sales report dashboard.
Being able to get additional information on the underlying details of a value is an example of using the drill-down feature of the sales report dashboard.
Drilldown: What is it?Business intelligence has two incredibly powerful features: drill down and drill through analysis. Although they do so in various ways, they both allow the user to view data and information in greater detail. By using the drill-down feature, the user can quickly switch from a more broad view of the data to a more focused one.
For instance, a drill-down report that displays sales revenue by state may allow the user to click on a state, select it, and view sales revenue by county or city inside that state. Drill down is a feature that enables users to delve deeper into more focused layers of the data or information being analyzed, hence the name.
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Your brother has cooked the books and skimmed money because he has six kids, one ex-wife, and may lose his home. The corporation's ISP sues the corporation for defaulting on the Web design and hosting contract, which you signed, claiming that the corporation is a sham corporation. You and your mom are personally liable.
False
True
Answer
false (?)
Explanation
I have no explanation
True
Answer:
Explanation:
Did on Edg
Which of the following are characteristics of a scarce resource?
Choose 1 answer:
Choose 1 answer:
(Choice A)
A
The supply of the resource exceeds the demand of the resource.
(Choice B)
B
There is a fixed quantity of the resource available but no demand for it.
(Choice C)
C
There is a demand for that resource with limited supply.
(Choice D)
D
There is limited supply of a resource with no demand for that resource.
(Choice E)
E
The resource has unlimited supply and limited demand.
There is a demand for that resource with limited supply are characteristics of a scarce resource. When the demand for a natural resource exceeds the supply, resource scarcity results, which causes the stock of those resources to decrease.
As a result of rising costs that make the demand resource less accessible to those who are least well-off, this might result in unsustainable supply growth and an increase in inequality. When there aren't enough resources to meet everyone's needs, there is scarce resource. Oil is among the most well-known instances of how resource scarcity affects the United States. Local gas prices will surely climb when oil prices around the world do.
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Match the terms in Column I with the descriptions in Column II
Column I
1. Religious values
2. Prudential values
3. Intellectual values
4. Accountability
5. Aesthetic values
6. Integrity
7. Economic values
Column II
A. concerned with one's religious doctrine
B. concerned with beauty and appearance concerned with one's own interests
C. concerned with reasoning
D. concerned with cost, efficiency, and control
E. people with this value behave in a manner that is consistent with ethical beliefsa
F. quality in individuals whereby each knows, understands, considers and accepts
G. the impact and consequences of personal actions and decisions
Answer:
Where is a picture of the assignment
Explanation:
How does fractional reserve banking increase the money supply in an economy?
A. It allows foreign currencies to be directly substituted for U.S. dollars.
B. It takes money deposited in banks and makes it available as loans.
C. It pressures depositors to withdraw money held in banks for long periods.
D. It requires the government to print money when deposit levels increase
Answer:
B. It takes money deposited in banks and makes it available as loans.
It takes money deposited in banks and makes it available as loans does fractional reserve banking increase the money supply in an economy. Hence, option B is correct.
What is reserve banking?The minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards is known as bank reserves. The bank must store this actual paper money in a vault on the property or in an account with the national bank.
A percentage of 100% indicates that the bank would have all of its customers' money available even if they all sought to withdraw it. Although this is undoubtedly a very secure method of banking, the way things have been put forth thus far, the bank would merely be serving as a safe. It would be incapable of lending any money.
A regional bank of the United States' central banking system, the Federal Reserve System, is known as a Federal Reserve Bank.
Thus, option B is correct.
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Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
Which of the following is NOT part of the promotional mix?
Question 20 options:
Physical Distribution
Public Relations
Advertising
Sales Promotion
Answer:
A- Physical Distribution
Explanation:
Advertising.Public relations or publicity.Sales promotion.Direct marketing.Personal selling.Physical Distribution is part of marketing mix therefore it is A.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. She prices the cupcakes at $0.50 each. With in 15 minutes she has sold all of her cupcakes, and through out the day teachers and students ask her if she has anymore.
This market model is in a [______]?
This is for a economics class I didn't know what catagory to pick
Answer:
Shortage
Explanation:
I got it correct because I watched the given recording.
Georgina decides to take a dozen cupcakes to school to sell so she can raise money for her school trip to New Orleans. This market model is in a "competitive market".
Georgina operates in a competitive market characterized by high demand and a desirable product: her cupcakes. The price point of $0.50 each aligns with the perceived value which is resulting in swift sales within 15 minutes.
Subsequent inquiries from both teachers and students demonstrate sustained interest indicating that Georgina's cupcakes have achieved product-market fit.
Georgina's success in selling all cupcakes swiftly and generating ongoing inquiries highlights a well-balanced market equilibrium within the school community.
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company processes apples into jam, juice, and canned tomatos. during the summer of 2018, the joint costs of processing the tomatoes were $10,000. there was no beginning or ending inventories for the summer. production and sales value information is as follows: product cases sales price at splitoff point separable costs final selling price jam 100 $6 per case $3.00 per case $28 per case juice 150 8 per case 5.00 per case 25 per case canned 200 5 per case 2.00 per case 10 per case product final sales value separable costs net realizable value percentage jam ? juice canned tomato totals determine final sales value to each product ?
By using the estimated NRV method, $3,521 of the joint costs are allocated to Jam, $4,225 to Juice, and $2,254 to Canned.
To allocate the joint costs using the estimated net realizable value (NRV) method, we need to determine the percentage allocation for each product and the amount of joint costs allocated to each product. The NRV method allocates joint costs based on the relative sales value of each product.
First, we calculate the sales value at the splitoff point for each product by subtracting the separable costs from the final selling price:
Jam: $28 - $3 = $25 per case
Juice: $25 - $5 = $20 per case
Canned: $10 - $2 = $8 per case
Next, we calculate the total sales value at the splitoff point for all products:
Total sales value = (100 cases x $25) + (150 cases x $20) + (200 cases x $8) = $2,500 + $3,000 + $1,600 = $7,100
To determine the percentage allocation for each product, divide each product's sales value at the splitoff point by the total sales value:
Jam percentage = ($2,500 / $7,100) x 100% = 35.21%
Juice percentage = ($3,000 / $7,100) x 100% = 42.25%
Canned percentage = ($1,600 / $7,100) x 100% = 22.54%
Finally, allocate the joint costs based on the percentages determined:
Joint costs allocated to Jam = $10,000 x 35.21% = $3,521
Joint costs allocated to Juice = $10,000 x 42.25% = $4,225
Joint costs allocated to Canned = $10,000 x 22.54% = $2,254
These allocations reflect the relative sales values of each product and provide a basis for cost apportionment.
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Complete question is:
Company processes apples into jam, juice, and canned tomatos. During the summer of 2018, the joint costs of processing the tomatoes were $10,000. There was no beginning or ending inventories for the summer. Production and sales value information is as follows:
Determine the percentage allocated to each product and amount of Joint Costs allocated to each product if the estimated NRV (net realizable value) method is used.
control is the management function that provides a. leadership, communication, and motivation. b. structure and human resources management. c. standards, measurement, and comparisons. d. goals, objectives, strategies, and plans for success.
Answer: c. standards, measurement, and comparisons
Explanation:
Control is the management function that provides standards, measurement, and comparisons. Thus the correct option is C.
What is controlling?Controlling is a management function that aids in obtaining desired results from employees at all organizational levels, including managers and subordinates. The goal of control is to make sure that activities are carried out in compliance with the specified standards.
Any type of irregularity is detected through controlling, and appropriate corrective measures are then put in place. This aids in closing the gap between expected and actual performance, hence assisting in the achievement of organizational goals.
By examining the corporate environment and looking for challenges and possibilities, the purpose of the management process is determined. Therefore, option C is appropriate.
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at what point should you be ready to sell a stock? when it triggers your stop orders if it is not underperforming, but it is not performing its original role in your portfolio when other stocks in the same sector are seriously out-performing it all of the above
Point when you should be ready to sell a stock is all of the above options.
A stop order is one amongst the 2 main order sorts you may encounter within the market: stop and limit. The key for the purchase order is that it's perpetually dead within the direction that the value is moving. as an example, if the market is moving lower, the purchase order are to sell at a pre-set worth below the present market value
Out-performing stock means the corporate can turn out a far better rate of come back than similar corporations, however the stock might not be the simplest entertainer within the index. An analyst's performance is evaluated supported however stocks really perform once a rating is assigned.
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What is Credit VS Debit
Answer: Often people think debits mean additions while credits mean subtractions. This isn’t the case at all. Debits and credits actually refer to the side of the ledger that journal entries are posted to. A debit, sometimes abbreviated as Dr., is an entry that is recorded on the left side of the accounting ledger or T-account. Conversely, a credit or Cr. is an entry on the right side of the ledger.
Explanation:
To examine
the weekly payroll of all employees, one would look at the:
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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an investment adviser has a fee structure that states: assets under management annual fee 0 - $1,000,000 2.00% >$1,000,000 - $5,000,000 1.50% >$5,000,000 - $10,000,000 1.00% >$10,000,000 negotiable with client which statement is true about such an arrangement? a this is prohibited under nasaa rules because it favors customers with more assets under management b this is prohibited because advisers cannot have negotiable fees c this is permitted as long as the negotiated fee is less than 1% d this is permitted without restriction
This is permitted as long as the negotiated fee is less than 1% is TRUE about such an arrangement
What are Negotiated Fees?Negotiated fees are the sums that network dentists have consented to accept as full payment for services that are covered, less any co-payments, deductibles, cost-sharing, and benefit caps. Negotiated fees may be altered. A financial advisor cannot demand "unreasonable" fees. It is acceptable and reasonable to have a charge structure that lowers the fee % as the amount of assets managed increases. The adviser may also set negotiable fees, provided that they are fair and implemented consistently. As a result, the advisor may negotiate a cost for a client with $15,000,000 in assets to invest that is less than 1% (it could not be higher than 1% because doing so would result in the client being charged a higher fee than clients with lower investment amounts).The complete question is,
An investment adviser has a fee structure that states:
Assets Under Management Annual Fee
0 - $1,000,000 2.00%
>$1,000,000 - $5,000,000 1.50%
>$5,000,000 - $10,000,000 1.00%
>$10,000,000 Negotiable With Client
Which statement is TRUE about such an arrangement?
A. This is prohibited under NASAA rules because it favor customers with more assets under management
B. This is prohibited because advisers cannot have negotiable fees
C. This is permitted as long as the negotiated fee is less than 1%
D. This is permitted without restriction
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A _______ cost remains unchanged when the volume of activity changes within the relevant range
A fixed cost remains unchanged when the volume of activity changes within the relevant range.
In the term of business and economy, Fixed costs generally can be defined as a type of costs that are based on time rather than the quantity produced or sold by your business. There are several cost that can be classified as fixed cost, such as rent and lease costs, salaries, utility bills, insurance, and loan repayments. The fixed cost has an independent value that not directly associated with manufacturing a product or delivering a service.
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How does thinking at the margin change the decision-making process.
Answer:
Decision making process are as follows
Identification of problem
Collection of problem
Analyzing the problem
Taking Multiple Alternatives
Selecting best alternates
Taking decision
Plzzz helppp ASAP
What do business provide to the government?
Answer:
It provides paying taxes
Explanation:
When the results of quality control are unacceptable, what is the next step? a. Take corrective action b. Ignore the results c. Document the results d. Re-run the tests
Taking corrective action is the next step when the results of quality control are unacceptable. This ensures that the quality standards are met, and the customers receive products or services that meet their expectations.
It is also essential to document the results,d) re-run tests if necessary, and continuously monitor the quality control process to prevent similar issues from occurring in the future.
The correct answer to the question ""When the results of quality control are unacceptable, what is the next step?"" is a. Take corrective action. This means that the responsible personnel should identify the root cause of the problem and take the necessary measures to correct it. This may involve adjusting the manufacturing process, retraining employees, or making changes to the equipment. The goal is to bring the quality of the product or service back to the acceptable level.
Ignoring the results (option b) is not an appropriate response to unacceptable quality control results, as this can lead to further quality issues and customer dissatisfaction. It is essential to take corrective action as soon as possible to prevent the problem from escalating.
Documenting the results (option c) is also necessary, as it helps to keep track of the quality control process and identify any recurring issues. Documentation can also be useful for future reference and as evidence of compliance with regulations and standards.
Re-running the tests (option d) may be necessary in some cases to confirm the initial results and identify any errors or issues with the testing process. However, this should only be done after taking corrective action and making the necessary changes to the process to ensure that the issue has been resolved.
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Contractor (Plaintiff) submits a bid to Owner’s A/E (Defendant) for 1million dollars G.M.P. for a defined scope of work having to do with excavation. The Owner of the project is a Federal Agency. The contractor is given boring logs by the owner and is given an opportunity to inspect the area to be excavated. During the pre-bid walk the owner talks about the soil boring logs to which the contractor states that they are very familiar with the site conditions in this area, which partially induces the owner to contract with this contractor. After the commencing the excavation work the contractor finds that the soil boring logs are not accurate and as they have discovered before in this area, there is hard granite at random soil strata that a soil boring long might not detect. As a result of the granite being present the project took longer than expected and at costs of 1.1million dollars. In addition to the granite the excavation contractor discovers a UFO cyborg breeding station that no one other than the majestic 12 knew existed. This discovery cost an additional 1million dollars in cost to deal with.
Contractor now sues for the cost of the extra work plus excess profit and overhead markup.
In the given scenario, the Contractor (Plaintiff) submitted a bid to Owner’s A/E (Defendant) for 1million dollars G.M.P. for a defined scope of work having to do with excavation.
The Owner of the project is a Federal Agency. The contractor is given boring logs by the owner and is given an opportunity to inspect the area to be excavated. During the pre-bid walk the owner talks about the soil boring logs to which the contractor states that they are very familiar with the site conditions in this area, which partially induces the owner to contract with this contractor.In such a situation, the Contractor now sues for the cost of the extra work plus excess profit and overhead markup.
The contractor can sue the owner for negligence if the owner is responsible for the inaccurate soil boring logs. Moreover, the contractor can claim for damages based on the Doctrine of Changed Conditions if the granite strata and UFO cyborg breeding station discovered by the contractor was not anticipated and could not have been anticipated by the contractor before the agreement.The Doctrine of Changed Conditions is an equitable doctrine that entitles a contractor to an adjustment of the contract price and time of performance when there has been an unforeseen condition beyond the contemplation of the parties at the time of contracting, which makes the project more expensive or time-consuming. Thus, the contractor can file a lawsuit against the owner for the costs of the extra work plus excess profit and overhead markup.
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rank the following three stocks by their level of toatl risk highest to lowest. rail haul has an average return of 10 percent and standard deviation of 36 percent the aveerage return and standard deviation of iodol staff are 13 percent and 28 percent and of poker r us are 7 percent and 40 percent
Based on the given information, the three stocks can be ranked by their level of total risk from highest to lowest as follows, Poker R Us With an average return of 7 percent and a standard deviation of 40 percent, Poker R Us has the highest level of total risk among the three stocks.
Rail Haul has an average return of 10 percent and a standard deviation of 36 percent, making it the second-highest in terms of total risk. Iodol Staff has the lowest level of total risk among the three stocks. It has an average return of 13 percent and a standard deviation of 28 percent.
Remember that the level of total risk is typically determined by the standard deviation, where a higher standard deviation indicates higher risk.
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A customer's confirmation of a municipal securities transaction must include A) the highest potential yield the customer may receive and the amount of markup or markdown in a principal transaction. B) the lowest potential yield the customer may receive and information regarding the catastrophic call provision. C) the highest potential yield the customer may receive and information regarding the catastrophic call provision. D) the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.
Answer:
D) the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.
Explanation:
All municipal securities are exempted from registration and filing requirements of the Securities and Exchange Commission (SEC).
However, a customer's confirmation of a municipal securities transaction must include the lowest potential yield the customer may receive and whether the bond is taxable or subject to the alternative minimum tax.
If a tour costs the tour operator $1,500 per person and the operator has a markup of 15 percent, how much would a pair of customers pay for tours?
$3,450
$300
$3,300
$3,000
why is it important to know about financial institutions?
Answer:
Financial institutions help to funnel money to the most successful businesses, which allows them to grow faster and supply even more of the desirable goods and services. This is how financial institutions greatly contribute to the efficient allocation of economic resources.
Explanation:
Answer:
In their desire to earn greater returns, financial institutions help to funnel money to the most successful businesses, which allows them to grow faster and supply even more of the desirable goods and services. This is how financial institutions greatly contribute to the efficient allocation of economic resources.
Explanation:
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