Answer:
hello your question lacks some vital information hence I will make valid assumptions to aid the solution
answer : $583333.33
Explanation:
22 yrs old
pre tax income = $35,000 per year
savings = $200/month
Determine how much you will need to retire at 67
lets assume : Interest rate = 6% per annum
annual withdrawable amount per year after retirement = $35,000
∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33
hence amount needed to retire at age 67
target amount = $583,333.33
interest rate = 6%
number of years = 67 - 22 = 45
savings per year needed = 583,333.33 / 45 = $12962.96
Note : saving $200 per month would not give the required amount needed to retire at age 67
The required monthly savings = 12962.96 / 12 = $1080.25
Why should managers worry about product overcosting or undercosting? A. Averaging can result in inaccurate and misleading cost data. As such, companies may overinvest in products that have been overcosted, and underinvest in products that have been undercosted. B. Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing money, when they erroneously believe them to be profitable. C. Overcosting products may lead to sales that acutally result in losses because the sales may bring in less revenue than the cost of the resources they use. Undercosting products may lead to the loss market share to competitors selling similar products. D. If prices of products are determined by the market based on co
Answer:
Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing money, when they erroneously believe them to be profitable.
Explanation:
The manager would worry withe overcosting or understanding of product as the overcosting would be done when the competitors are entered in the market and they took the market share so that the company could trust that they are less margin while on the other hand undercosting means the company that sells the product also at the same time they are losing the money when they trust to be profitable
Bob lives in Detroit and runs a business that sells boats. In an average year, he receives $851,000 from selling boats. Of this sales revenue, he must pay the manufacturer a wholesale cost of $476,000; he also pays wages and utility bills totaling $281,000. He owns his showroom; if he chooses to rent it out, he will receive $71,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Bob does not operate this boat business, he can work as an accountant, receive an annual salary of $34,000 with no additional monetary costs, and rent out his showroom at the $71,000 per year rate. No other costs are incurred in running this boat business.
Identify each of Bob's costs in the following table as either an implicit cost or an explicit cost of selling boats.
Implicit Cost
Explicit Cost
The salary Bob could earn if he worked as an accountant
The wholesale cost for the boats that Bob pays the manufacturer
The rental income Bob could receive if he chose to rent out his showroom
The wages and utility bills that Bob pays
Complete the following table by determining Bob's accounting and economic profit of his boat business.
Profit
(Dollars)
Accounting Profit
Economic Profit
Lindsey plans to open a new bicycle shop in Gainesville that will target college students. She anticipates that demand for bicycles will increase this summer as a result of higher gas prices and increasing parking problems on campus. However, she has also taken into account that some things may not go the way she has planned and has developed alternative courses of action. What component of the marketing plan do these alternative strategies represent
Answer:
Contingency plan
Explanation:
Contingency plan is a common a management tool. It facilities adequate arrangements which are made in the advent of a crisis. It is a plan laid down for a specific situation when things could go wrong.
Plans which are developed for possible operations where the planning factors ( e.g. scope, risks and others have been figured out or assumed.
Example: It is the Preparation to deal with calamities such as floods and non calamitous situations such as labor strike usually before they occur.
Question 40 of 40
Product differentiation occurs most frequently in what part of the product life
cycle?
A. Introduction
B. Growth
C. Decline
D. Maturity
Product differentiation occurs most frequently in the D. maturity part of the product life cycle.
Maturity isn't a matter of age, but rather, of how you choose to respond and reply to colorful life situations. It's basically a position of internal development or wisdom that has a bearing on all areas of an existent's life, right from their conduct to their relationship with others. A mature person will take responsibility for his own conduct rather than condemn others. He'll take a far-sighted view of effects and act in a considered, rather than a robotic manner. Mature people are suitable to accept themselves for who they are; they exercise kindness indeed in the face of their failings. You can seek to ameliorate yourself and grow as an individual, but maturity allows you to take your present situation and all the once events that have led to it and make peace with them.
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The term for distributing merchandise from the manufacturer to retail locations is called:
A. Receiving
B. Updating
C. Refreshing
D. Allocation
Answer:
Receiving??
Explanation:
(I don't really know, I'm just trying to get points for answering questions so I can ask my own questions lol)
Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising department’s expenses to the two operating departments on the basis of the number of ads placed that promoted a department’s products, and (4) the administrative department’s expenses to the two operating departments based on the amount of sales.
Question Completion:
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.
Answer:
Marathon Running Shop
Allocation of service departments' costs to the operating departments:
Service Departments Operating Departments Total
Advertising Administrative Shoes Clothing
Departmental $18,000 $25,000 $103,000 $15,000 $161,000
Utilities 5,120 6,400 32,640 19,840 64,000
After Utilities 23,120 31,400 135,640 34,840 $225,000
Advertising -23,120 17,340 5,780 0
Administrative -31,400 24,492 6,908 0
Total allocated costs $177,472 $47,528 $225,000
Explanation:
a) Data and Calculations:
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
Total $161,000 14,000 $350,000
Allocation of Utilities Expense of $64,000
Rate
Advertising (1,120/14,000 * $64,000) = $5,120
Administrative (1,400/14,000 * $64,000) = $6,400
Shoes (7,140/14,000 * $64,000) = $32,640
Clothing (4,340/14,000 * $64,000) = $19,840
Advertising $ 18,000 + $5,120 = $23,120
Administrative 25,000 + $6,400 = $31,400
Shoes 103,000 + $32,640 = $135,640
Clothing 15,000 + $19,840 = $34,840
Advertising expenses consumed by:
Shoes 90/120 * $23,120 = $17,340
Clothing 30/120 * $23,120 = $5,780
Administrative expenses consumed by:
Shoes $273,000/$350,000 * $31,400 = $24,492
Clothing $77,000/$350,000 * $31,400 = $6,908
Determine the effect on country demoffrage's GDP for a tourist spends on a seafood dinner at a resturant
Answer:
GDP will increase
Explanation:
Gross domestic products is the total monetary value of all goods and services produced in the country. When a tourist spends on a seafood restaurant then the services produced in the country are sold and value is generated for the country. The Gross domestic product of country rises,
Well Water Inc. wants to produce and sell a new flavored water. In order to penetrate the market, the product will have to sell at $2.00 per 12 oz. bottle. The following data has been collected: Annual sales 50,000 bottles Projected selling and administrative costs $8,000 Desired profit $70,000 The target cost per bottle is
Answer:
$0.40
Explanation:
Total Cost of Goods Sold = Sales revenue - Desired profit
Total Cost of Goods Sold = ($2*50,000) - $70,000
Total Cost of Goods Sold = $100,000 - $70,000
Total Cost of Goods Sold = $30,000
Target cost per bottle = Total cost of goods sold / Units sold
Target cost per bottle = $20,000/50,000
Target cost per bottle = $0.40
So, the target cost per bottle will be $0.40
Which is considered a tertiary source?
A.) A Wikipedia article
B.) An autobiography
C.) A government record
D.) A journal entry
Answer:
A Wikipedia article.
Explanation:
A tertiary source are sources that compile info from other sources.
Answer:
B. An autobiography
Explanation:
It's a 3rd person source
The Colvilles are buying a new car. The cash price is $35,000.00. They will make a down payment of 20% or $5,000. The balance will be covered by an installment loan. The loan will be repaid in 48 monthly payments of $651. The annual percentage rate for the loan is _________%. (Round your answers to two decimal places.)
Answer:
The Annual Percentage Rate, APR = 1.07%
Explanation:
The annual percentage rate (APR) for a loan is the amount payed annually as interest which is specified as a percentage of the balance of the loan
The given parameters are;
The cash price for the car the Colvilles are buying = $35,000.00
The amount of down payment they will make = 20% or $5,000
The will cover the balance by installment loan
The number of monthly with which the loan will be repaid, n = 48 monthly payment
The amount of the monthly payments, M = $651
The balance which will be taken on loan, P = 35,000.00 - 5,000 = 30,000
The balance which will be taken on loan, P = $30,000
[tex]APR = \left(\left(\dfrac{\dfrac{Fees + Interest}{Principal} }{n} \right) \times 12\right) \times 100[/tex]
[tex]APR = \left(\left(\dfrac{\dfrac{ I}{P} }{n} \right) \times 12\right) \times 100[/tex]
Therefore;
The interest paid over life of loan, I = M × n - P
∴ I = 651 × 48 - 30,000 = 1,284
Therefore, we have;
[tex]APR = \left(\left(\dfrac{\dfrac{ 1,284}{30,000} }{48} \right) \times 12\right) \times 100 = 1.07 \%[/tex]
The Annual Percentage Rate APR = 1.07%
Which of the following is the best definition of a liability in accounting?
A. Anything your company owes to someone besides the business
owner
O B. A debt your business owes that must be repaid during the present
accounting period
c. Anything your company owes to the business owner
D. Anything your company needs to sell during the present
accounting period
The best definition of liability is anything your company owes to someone besides the business owner (option a).
What is liability?Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. Liabilities reduce the net worth of a company.
Liabilities are resources that have been borrowed or that are owned. They would need to be repaid at a future date. An example of a liability is debt and account payable.
Liability can be short term or long term. It is short term if it has to be paid within a year and it is long term if its duration is greater than a year or one accounting period.
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Help me please... help
Direct stakeholders are those involved in the company's day-to-day activities. Like employees, who carry out their daily tasks, working on the company's ongoing projects. Indirect stakeholders are those who are more interested in the result of the production. Direct stakeholders are entities that have a visible role in the organization, regulation, operation and support of the bus service; or people, communities and entities that use the service or are impacted by it. Indirect stakeholders are anyone else whose interests are either enhanced or threatened.
Answer:
Explanation:
C part
due process of the law protects an individual's
a. liberty and property interests
b. right to prosperity
c. job
d. pursuit of happiness
Answer:
a. liberty and property interests.
Explanation:
A law can be defined as the system of principles, regulations and rules established by legislature, that is adopted in a community, society or country to regulate the actions of its citizens, members or employees.
Thus, law is a tool used by the judiciary, lawyers, individuals, organizations, and even government to ensure everybody is well behaved, non-criminal and civil in their actions. Therefore, a law creates the foundation for ethical behavior.
In circumstances where there are aberration, the law is enforced as a punishment and penalty for wrongdoings or misdeeds.
Hence, due process of the law protects an individual's liberty and property interests because it ensures the right legal procedures are followed and that all accused are given access (entitled) to a fair trial.
___ requrements are courses that build knowledge and skills in a specific field.
A. major
B. general studies
C. specialization
D. elective
D. elective requrement are courses that build knowledge and skills in a specific field
What do you mean by search of trade?Why is it essential?
Answer:
trade means buying and selling good and service
Answer:
it takes time,resourses and money to creat and luanch distinctive and affective brands..in most instances,trade searching id an important first step in any trade registration to avoid adopting brans that infrige third-party trademark rights.
If there is a decrease in the short-run aggregate supply curve and no changes in monetary and fiscal policies are implemented, the economy over time will
A. Remain at the new price and output level
B. Continue to have rising prices and decreasing real GDP.
C. Experience increasing nominal wages.
D. Return to the original output and price level.
E. Experience a leftward shift in the aggregate demand curve.
Answer:
D. Return to the original output and price level.
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
The law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal. On the other hand, law of supply states that the higher the price of goods and services, the lower the supply.
In order to understand both short-run economic fluctuations and how the economy move from short to long run, we need the aggregate supply and aggregate demand model.
Aggregate supply (AS) refers to the total quantity of output (goods and services) that firms are willing to produce and sell at a given price in an economy at a particular period of time.
An aggregate supply curve gives the relationship between the aggregate price level for goods or services and the quantity of aggregate output supplied in an economy at a specific period of time.
Generally, an economy will return to its original level of output (production) and price level when the short-run aggregate supply curve falls (decreases) and no changes in monetary and fiscal policies are implemented. Fiscal policy refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as aggregate demand (AD), aggregate supply (AS), inflation, and employment within a country.
Here are 50 points have a good day or night, hope this helps u out :)
hi there!
thank you so much, are you sure you dont have any question(s) that i could help you with? because i would be more then happy to help! :)
i hope you have a great rest of your day <3
you are such a good person thank you!
write a story that ends with and it was all a dream
Answer:
The wound in my side hurt so much. I held my hand to my side, trying to apply enough pressure to help slow the bleeding. It wasn't enough though. The wound was too deep. Blood had already soaked through my shirt and begun seeping through the gaps between my fingers.
I gritted my teeth in pain, trying to stay as quiet as possible. I couldn't get caught at all costs. I would have to start running again soon. I couldn't hide behind this tree forever. They would surely find me if I did.
Using the tree for support, I stood up. As soon as I righted myself, the pain in my side worsened and I couldn't stifle the pained whimper I released. MY head started to feel fuzzy and my vision started to blur. I was about to take a step away from the tree when everything started spinning. Suddenly I was falling and then everything faded to black.
I don't know what happened next, but I do know that I woke up, tangled in the sheets on my bed. It was all a dream.
This type of interest is the most desirable.
a. annually
b. semiannually
c. quarterly
Answer:
semiannually
Explanation:
On March 14, Ian Co. accepted a 180-day, 5% note in the amount of $1,000 from Ali Co., a customer. On the due date of the note, Ali dishonors the note and fails to pay. The journal entry that Ian would record on the due date would include a: (Check all that apply.) Multiple select question. credit to Notes Receivable for $1,000. debit to Accounts Receivable - Ali for $1,025. debit to Interest Revenue for $25. debit to Notes Receivable for $1,025. credit to Accounts Receivable - Ali for $1,000. credit to Interest Revenue for $25.
Answer:
Debit to Accounts Receivable - Ali for $1,025,
Credit to Interest Revenue for $25,
Credit to Notes Receivable for $1,000,
Explanation:
Based on the information given The appropriate journal entry that Ian would record on the due date would include a:
Debit to Accounts Receivable - Ali for $1,025,
($1,000+$25)
Credit to Interest Revenue for $25,
(5%*$1,000*180 /360)
Credit to Notes Receivable for $1,000,
anyone like jschlatt here
Answer: yes.
Explanation:
cause he's amazing, he's jschlatt, and he's awesome
thank you for coming to my TedTalk :)
Ace Industrial Machines issued 165,000 zero coupon bonds 6 years ago. The bonds originally had 30 years to maturity with a yield to maturity of 6.4 percent. Interest rates have recently decreased, and the bonds now have a yield to maturity of 5.5 percent. The bonds have a par value of $2,000. If the company has a $84.2 million market value of equity, what weight should it use for debt when calculating the cost of capital
Answer:
0.5202
Explanation:
Calculation to determine what weight should it use for debt when calculating the cost of capital
First step is to compute the Present value (PV) using financial calcualtor -
Put in calculator-
FV 2000
PMT 0
I 5.50%
N 24( 30 years- 6 years)
Compute PV ($553.31)
Second step is to calculate the Total value of debt
Price of bond = $553.31
*Number of bond = $165,000
=Total value of debt $91,296,150
($553.31*165,000)
Now let calculate the Weight of debt
Weight of debt =$91,296,150/($91,296,150+$84,200,000)
Weight of debt=$91,296,150/175,496,150
Weight of debt=0.5202
Therefore weight should it use for debt when calculating the cost of capital is 0.5202
Which stage of new product development would you be most interested in participating in? Explain.
Answer:
prototyping
Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.
What is a broker?
Career Prep Edge
Answer:
A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Explanation:
A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
Answer:
A broker refers to an individual who is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Explanation:
A broker refers to an individual or business firm that is saddled with the responsibility of buying and selling stocks (shares) on a stock exchange market on behalf of his or her clients.
Generally, a broker acts as an intermediary between a buyer (investor) and a seller (securities exchange) for a commission or an agreed upon fee after executing the deal. Thus, a broker also referred to as a stockbroker acts as a principal party in the buying or selling of stocks or securities in the financial markets.
Additionally, the actions or activities of a broker in the financial market is regulated by regulatory (financial) institutions such as the securities and exchange commission (SEC).
Explanation:
Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
Savings Goals
Using post-it notes, small pieces of paper, or a piece of scrap paper, brainstorm specific savings goals you would like to meet. These goals can vary from small (saving for a new pair of sunglasses) to big (saving for college). Aim to come up with at least 15-20 ideas.
Answer:
I am sorry fam this won't be an answer to your question, but I figured out how to see the answers on brainly for ya'll that don't have premium. You just need to right click on the page of your question and then click on "view page source" for me the shortcut is ctrl+ U. I don't know about yall's. when you do that it will open up a weird looking page then you want to scroll down, what you wanna focus on are the black letters, the others will be colored red or blue or whatever just focus on the black letters. It just gonna show you the answer and the comments too. Your welcome pudgy boi.
Explanation:
Sshheeeeeeshh
Which aspect of diversity can be positive or negative? A (blank) can be negative or a positive.
Answer:
Positive aspects of diversity is that no one is the same. Everyone is their own person. There is no negative to diversity. It is the people themselves who think negativly of diversity often by discrimination.
Explanation:
i hope this helped and was on point and I'm sorry if it wasn't. I just stumbled on your question...
Answer:
stereotyping
Explanation:
Which of the following is a true statement?
1) FAS Market Development and Export Assistance partners with over 100 cooperator groups
2) FTC stands for Federal Trade Commission
3) FAS stands for Federal Agricultural Sector
4) Imports are goods produced in one country then shipped to another country
Answer:
2) FTC stands for Federal Trade Commission
Explanation:
The true statement is that, FTC stands for Federal Trade Commission.
The Federal Trade Commission (FTC) is an agency of the government of the United States of America saddled with the responsibility of promoting consumer protection and the enforcement of all civil antitrust laws.
Basically, the laws formulated or established by the FTC are to provide protection for consumers of various goods and services while requiring that businesses do not make false claims about them. Also, the Federal Trade Commission (FTC) is responsible for competition regulations among manufacturers of goods and services provided for the consumers.
A assessment may alter the content of a sales pitch.
True
False
Sara would like to open a bank account. What will she need to do this? Choose three answers.
identification card
high school diploma
money to start the account
birth certificate
proof of address
Answer:
identification card, money to start the account, and proof of address.
Explanation:
She will need Identification card, Minimum Money and Proof of address.
Any financial institutions such as banks and Insurance industry are mandated to collect information about their prospective client before giving them an account.
Most of the banks will ask Sara to provide the her Social Security number, Valid photo ID and Minimum opening deposit which varies from banks to banks.In conclusion, Sara will need to provided her Identification card, Money to start and Proof of address.
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