Answer:
Factors of production
Explanation:
The general name is factors of production. They are also the 'inputs' in the production process.
The factors of production are combined or put together for the productions of goods and services to happen. The four factors include land, which represents the natural resources in this case.
Land refers to the space used to set up a business, and fertile lands used for agriculture, minerals, oil and gas, forest, and other natural resources.
Labor is the human input in production. It involves workers' knowledge, skills, strength, and time spent on the production process.
Capital is the money and assets used to start and maintain the business operation. It includes plant and machinery, equipment, building, factories used in making products for sale.
Know-how refers to entrepreneurship. It is the skills, willingness, and ability to put together and manage the other factors to produce goods.
Match the drawbacks of the scientific management theory to their respective outcomes in the workplace.
rigidity
lack of autonomy
mechanical nature
lack of feedback
Answer:
Explanation:
Plato Users
Production methods are standardized with no opportunity for individual initiative is known as lack of autonomy.
What are Production methods?A production process is a way to use economic resources, such as labor, expensive machinery, or land, to create goods and services for customers.
The manufacturing process typically addresses how to effectively and productively produce goods for sale so that clients can receive them fast without compromising the product's quality.
Depending on their manufacturing objectives, production volumes, and technology tools or software systems, organizations can use a wide range of production methods.
Making broad-based production decisions that have an impact on the productivity levels of product development and sales is a crucial component of the job of a manufacturing manager. Choosing the best production method frequently depends on the kind of technology you have access to.
For instance, without the right technology to track, categorize, or manufacture these products appropriately, you might not be able to adhere to a clear mass production structure if you receive a lot of orders for the same product.
Learn more about Production methods, here
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the resources used to create wealth are collectively referred to as
Do “rules of the game” promote or prevent opportunism?
Answer:
promote I think
Pat decides to leave her job as an engineer to start a her own business. She estimates that her costs in rent, inventory, supplies, total $150,000. She will also give up her $80,000 salary as an engineer to work in her business. How much is her implicit cost
Answer:
Pat
Her implicit cost is:
$80,000
Explanation:
Pat's implicit cost is one part of the opportunity cost that arises when she utilizes her resources, knowledge, and skills toward a project or business without any explicit compensation for the utilized resources. She will be giving up $80,000 from all salary as an employed engineer to start her own business. She does not necessarily need to make a monetary payment for her implicit cost, unlike her explicit cost of $150,000.
Watson's Computer Company expects to produce 2,250 computers. Watson's Computer Company also expects to use 13,000 parts and have 20 setups.The allocation rate for materials handling will be
Answer:
$4.00
Explanation:
Calculation for what The allocation rate for materials handling will be
Using this formula
Materials handling allocation rate=Material Handling/Expected parts to use
Let plug in the formula
Materials handling allocation rate=$52,000/13,000 parts
Materials handling allocation rate=$4.00
Therefore The allocation rate for materials handling will be $4.00
Where can a client identify the instant deposit options for their QuickBooks Payments account?
Answer:
in the settings
Explanation:
A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.
For instant deposit option in their QuickBooks payment account, a customer has to --
Select the Settings ⚙ button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.
. Distinguish between the short run and the long run as they relate to macroeconomics. Why is the distinction important
Answer:
1. In the short run, wages and other prices are stagnant making the economy to run below or above the normal level. In the long run, wages and prices are fully flexible, and this allows the economy to run at its natural level.
2. This distinction is important because it helps us to see how difficult it could be to sustain the real gross domestic product and employment rates thus making the economy to run at a normal level or achieve its full potentials.
Explanation:
Stickiness or stagnancy of wages can be seen in the fact that it is most time difficult to fluctuate or change the wages of workers overtime. The prices of most goods are also sticky when they remain unchanged over a given period of time. These conditions exist in the short run, and make the economy to run above or below its full potentials. The real GDP and unemployment levels are negatively affected.
In the long run, flexibility of wages and prices are achieved and this makes the economy to run at its full potentials. The real GDP as well as the employment rate are at their optimum level then.
f Hailey, Inc., has an equity multiplier of 1.6, total asset turnover of 2.2, and a profit margin of 4 percent, what is its ROE?
Answer:
14.08
Explanation:
Calculation for what is its ROE
Using this formula
ROE = Profit margin*Total asset turnover*Equity multiplier
Let plug in the formula
ROE=4*2.2*1.6
ROE=14.08
Therefore the ROE will be 14.08
When we compute the mean of a frequency distribution, why do we refer to this as an estimated mean?
Answer:
We call it an estimated mean because it represents the average of the data collected, and we assume that this average (estimated mean) represents the data collected. But this is not necessarily true since the estimated mean is not the same as all the different data collected. Most of the times, when we are working with statistics we do not know or are not even given all the data, we are just given the relevant ratios or indicators.
If Mariette does not want to track the quantity on hand of the products she sells, what Product/Service type should she select when setting up the items she sells in QuickBooks Online?
Answer: a. Non-inventory
Explanation:
QuickBooks online is an accounting software that helps millions of small and medium businesses.
If Mariette does not wish to track the quantity of the products she sells on hand, she should set these items up as Non-inventory items.
This designation is usually for goods that are immediately sold when purchased or were sold without even being purchased which means its for goods with really short shelf lives.
25 POINTS AND BRAINLIEST!! PLS HELP
What items should be included in signatures on business e-mail?
threads
e-mail address
name and title
company name
inspirational messages
phone and fax numbers
mailing address
Hey there!
The following should be the answers:
e-mail address
name and title
company name
phone and fax numbers
mailing address
Hope it helps and have an amazing day!!!
Answer:
yeah they right on OW
Explanation:
List and briefly describe three popular forms of ownership used in the lodging industry that allow for rapid expansion.
Answer:
Three popular forms are; Franchising, Management Contracts & Vacation Ownership. They are explained below
Explanation:
Three popular forms are; Franchising, Management Contracts & Vacation Ownership.
1) Franchising: This is a well-known marketing strategy that's used for business expansion and it's simply an arrangement whereby one party named the "franchisor" will grant or license some of it's rights and authorities to another party named the "franchisee".
It works such that a contractual agreement would be in place between Franchisor and Franchisee. In this agreement, the Franchisor will authorize the franchisee to sell their goods, products & services and give them rights to use their brand name & trademark.
2) Management contracts: This is simply an arrangement whereby the operational control of an entire enterprise will be vested by contract in a separate enterprise that will perform the necessary managerial functions in exchange for a specific fee. Now, management contracts are not just about selling a method of doing things but also about actually doing them.
3) Vacation ownership: This is a term used to refer to owning a timeshare.
Now, the mode of operation is usually a deeded ownership where we purchase a fraction of our favorite resort. The fraction is usually sold in weekly increments but then is also converted into points that can be used all around the world.
Suppose a stock had an initial price of $50 per share, paid a dividend of $.80 per share during the year, and had an ending share price of $38. Compute the percentage total return. (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answer:
25.6%
Explanation:
Computation for the percentage total return
Using this formula
Percentage total return=[(Ending share price-Initial price)+Dividend]/Initial price
Let plug in the formula
Percentage total return=[($38-$50)+$.80)/$50
Percentage total return=$12+$.80/$50
Percentage total return=$12.8/$50
Percentage total return=0.256*100
Percentage total return=25.6%
Therefore the percentage total return will be 25.6%
A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal annual payments at the end of each of the next five years. If the interest rate on the loan is 10%, what annual payments should be made so that both forms of payment are equivalent
Answer:
$16,379.75
Explanation:
Calculation for the annual payments that should be made
Using financial calculator to find the PMT
FV = $100,000
Interest rate = 10%
N= 5 years
PMT?
Hence,
PMT = $16,379.75
Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75
Which assumption below best reflects a basic understanding economists have about the world? Group of answer choices The world has limited productive resources. There are limited wants. More output creates more wants. Output will always satisfy the needs of a society.
Answer:
The assumption which best reflects a basic understanding that economists have about the world is:
The world has limited productive resources.
Explanation:
This is the economic concept of scarcity. Scarcity is the concept of limited resources, which worries about the gap between societal resources and unlimited human wants. Economists try to explain that this situation of scarce resources requires the making of choices (decisions) that will ensure the efficient allocation of the resources to meet basic human needs and other increasing wants.
The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400.How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates
Answer:
the total manufacturing overhead allocated is 610
Explanation:
The computation of the manufacturing overhead allocated is as follows;
= Assembly department + sandling department
= 50 × 11 + 15 × 4
= 550 + 60
= 610
Hence, the total manufacturing overhead allocated is 610
We simply applied the above formula so that the total manufacturing allocated to Job 603 could come
In a survey of a group of people, it was found that 60 0f them have
business, 45 have government jobs, 125 have farming, 27 have business
only, 15 have government job only, 10 have business and government
job only, 5 have government job and farming only.
i) How many people have all the profession?
ii) How many people were there in a survey?
Answer:
i) 15 ii) 177
Explanation:
Number of people with business = 60
Number of people with farming = 125
Number of people with government jobs = 45
Number of people with business only = 27
Number of people with government jobs only = 15
10 have business and government job only, 5 have government job and farming only.
i) Let x represent the number of people with all three jobs. Hence:
Number of people with government jobs = number of people with all three jobs + number of people with government and farming job + number of people with government and business + number of people with government job only
45 = x + 10 + 5 + 15
45 = x + 30
x = 15
15 people have all three profession.
ii)
Number of people with business jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and business + number of people with business job only
60 = 15 + number of people with business and farming job + 10 + 27
number of people with business and farming job = 60 - 52 = 8
Number of people with farming jobs = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only
125 = 15 + 8 + 5 + number of people with farming job only
number of people with farming job only = 125 - 28 = 97
Number of people surveyed = number of people with all three jobs + number of people with business and farming job + number of people with government and farming + number of people with farming job only + number of people with government and business + number of people with business job only + number of people with government job only
Number of people surveyed = 15 + 8 + 5 + 97 + 10 + 27 + 15
Number of people surveyed = 177
A cylindrical garbage can has the dimensions shown.
A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A
What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.
Enter the correct answer in the box.
about
square inches
Question 2
Part B
What is the area of the vertical cross section of the cylinder through the centers of the bases?
Enter the correct answer in the box.
square inches
Question 3
Part C
Which cross section has the greater area, and by how much?
Select the correct answers from the lists to complete the sentence.
The vertical cross section has the greater area, by about 66.96 square inches.
A cylindrical garbage can has the dimensions shown.
A cylinder has a diameter labeled twelve inches and height labeled fifteen inches.
Question 1
Part A
What is the area of the horizontal cross section of the cylinder? Use 3.14 for π.
Enter the correct answer in the box.
about
square inches
Question 2
Part B
What is the area of the vertical cross section of the cylinder through the centers of the bases?
Enter the correct answer in the box.
square inches
Question 3
Part C
Which cross section has the greater area, and by how much?
Select the correct answers from the lists to complete the sentence.
The vertical cross section has the greater area, by about 66.96 square inches.
FVA Inc.’s net income for the most recent year was $40,825. The tax rate was 24 percent. The firm paid $10,320 in total interest expense and deducted $10,570 in depreciation expense. What was the cash coverage ratio for the year?
Answer: 7.23 times
Explanation:
Cash coverage ratio = Cash available/ Interest expense
Cash Available = Net Income before tax + Interest expense + Depreciation
= (40,825 / (1 - 24%)) + 10,320 + 10,570
= $74,607.11
Cash coverage ratio = 74,607.11/10,320
= 7.23 times
repare a contribution format income statement segmented by divisions. 2-a. The Marketing Department has proposed increasing the West Division's monthly advertising by $25,000 based on the belief that it would increase that division's sales by 19%. Assuming these estimates are accurate, how much would the company's net operating income increase (decrease) if the proposal is implemented
Question Completion:
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement: Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $ 1,509,000 567,040 941,968 1,036,000 $ (94,040) In an effort to resolve the problem, the company would like to prepare an income statement segmented by division. Accordingly, the Accounting Department has developed the following information: Division Central $389,000 $600,000 $520,000 East West Sales Variable expenses as a percentage of sales Traceable fixed expenses 27% 36% $283,000 $336,000 $203,000
Prepare a contribution format income statement segmented by divisions Division Total Company East Central West
The Marketing Department has proposed increasing the West Division's monthly advertising by $25,000 based on the belief that it would increase that division's sales by 19%.
Answer:
Wingate Company
a. Contribution format income statement segmented by divisions
Division Total Company East Central West
Sales $ 1,509,000 $389,000 $600,000 $520,000
Variable expenses 567,040 217,840 162,000 187,200
Contribution margin 941,960 $171,160 $438,000 $332,800
Traceable fixed expenses 822,000 $283,000 $336,000 $203,000
Non-traceable fixed expense 214,000
Net operating income (loss) $ (94,040) ($111,840) $102,000 $129,800
b. If the marketing department's proposal is implemented, the net operating loss will decrease by $38,232, i.e from $94,040 to $55,808.
Explanation:
a) Data and Calculations:
Wingate's most recent monthly contribution format income statement:
Sales $ 1,509,000
Variable expenses 567,040
Contribution margin 941,968
Fixed expenses 1,036,000
Net operating income (loss) $ (94,040)
Additional information:
Division Central East West
Sales $389,000 $600,000 $520,000
Variable expenses as a
percentage of sales 56% 27% 36%
Traceable fixed expenses $283,000 $336,000 $203,000
Increase in Division West's fixed expenses by $25,000
Expected increase in Division West's sales = 19%
Contribution format income statement segmented by divisions
Division Total Company East Central West
Sales $ 1,509,000 $389,000 $600,000 $520,000
Variable expenses 567,040 217,840 162,000 187,200
Contribution margin 941,968 $171,160 $438,000 $332,800
Traceable fixed expenses 822,000 $283,000 $336,000 $203,000
Non-traceable fixed expense 214,000
Net operating income (loss) $ (94,040) ($111,840) $102,000 $129,800
Based on new proposal:
Contribution format income statement segmented by divisions
Division Total Company East Central West
Sales $ 1,607,800 $389,000 $600,000 $618,800
Variable expenses 602,608 217,840 162,000 222,768
Contribution margin 1,005,192 $171,160 $438,000 $396,032
Traceable fixed expenses 847,000 $283,000 $336,000 $228,000
Non-traceable fixed expense 214,000
Net operating income (loss) $ (55,808) ($111,840) $102,000 $168,032
Golden Eagle invests 60% of their funds in stock I and the balance in stock J. The standard deviation of returns on I is 10%, and on J it is 20%. Calculate the variance of portfolio returns, assuming The correlation between the returns is 1.0 The correlation is .5. The correlation is 0.
Answer:
Variance of the portfolio = 1.96% for Correlation 1.0
Variance of the portfolio = 1.48% for Correlation 0.5
Variance of the portfolio = 1.00% for Correlation 0.0
Explanation:
Data Given:
Investment = 60% in stock I and the balance in ( 40% in stock J) = weights
Standard deviation on returns on I = 10%
Standard deviation on returns on J = 20%
Required:
Variance of portfolio returns.
Assumptions:
1) The correlation between returns is 1.0
2) The correlation is 0.5
3) The correlation is 0.0
Solution:σLet's suppose,
Weight of Stock I = w1
Weight of the Stock J = w2
so,
w1 = 60%
w2 = 40%
C = Correlation
SD = Standard deviation
SD1 = SD of stock I
SD2 = SD of stock J
So, the formula for the variance of the portfolio will be:
Variance of the portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Plugging in the values for Assumption 1, where C = 1.0
Variance of the portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 1.0 x 0.10 x 0.20)
Hence,
Variance of the portfolio = 0.0196 x100 to get it in percentage
Variance of the portfolio = 1.96%
Similarly for the assumption 2, where C = 0.5
Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.5 x 0.10 x 0.20)
Variance of the Portfolio = 0.0148 x 100
Variance of the Portfolio = 1.48%
Similarly, for assumption 3, where C = 0.0
Variance of the Portfolio = [tex]w1^{2}[/tex] . [tex]SD1^{2}[/tex] + [tex]w2^{2}[/tex] . [tex]SD2^{2}[/tex] + 2(w1.w2.C.SD1.SD2)
Variance of the Portfolio = [tex]0.60^{2}[/tex] . [tex]0.10^{2}[/tex] + [tex]0.40^{2}[/tex].[tex]0.20^{2}[/tex] + 2(0.60 x 0.40 x 0.0 x 0.10 x 0.20)
Variance of the Portfolio = 0.01 x 100
Variance of the Portfolio = 1%
Stratton shipyards has 10 million dollars of sales and six million of operating cost including depreciation the company has 20 million of investor supplied operator Capital that has a cost of capital of 10% what is the firm's economic value-added to get from the company's overall tax rate of 40%
Answer:
Stratton Shipyards
The firm's economic value-added is:
$0.4 million
Explanation:
a) Data and Calculations:
Sales revenue = $10 million
Operating cost = 6 million
Pre-tax Income = $4 million
Income tax (40%) 1.6 million
After tax income $2.4 million
EVA = $2.4 million - ($20 million * 10%)
= $0.4 million
b) Stratton Shipyards Economic Value-Added (EVA) = the Net Operating Profit after Tax (NOPAT) – the product of the weighted average cost of capital (WACC) * capital invested. The EVA shows the real value creation by the company above its cost of capital.
1
Select the correct text in the passage.
Which sentences highlight the correct way of preparing stewed potato?
Olivia chooses to prepare stewed potato during the weekend. She warms vegetable broth over medium heat. She then cuts potatoes into 1"
chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender. Jessica, too, likes stewed
potato. She peels, and boils potatoes until tender. She then uses an electric mixer to mix potatoes and salt until the dish shows a smooth
texture
Reset
Next
Answer:
She then cuts potatoes into 1" chunks. She adds potatoes to the broth, covers the lid and cooks it at low heat until the potatoes become tender.Explanation:
Stewed Potatoes is a very popular dish in the South and can be prepared in various ways but there are methods that are universal.
One such method is to cut the potato into chunks then adding these chunks to water/ broth and then ingredients. When the potato boils, cook it at a low heat until it becomes the desired level of tender.
differentiate between a department with line responsibility and a department with staff responsibility
Answer:
While a department with line responsibility is directly involved in the daily activities and management of the business, a department with staff responsibility simply provides support for the line managers.
Explanation:
The line department consists of the chain of leaders whose positions in the organization are clearly differentiated from those of their subordinates. They make decisions and supervise the daily affairs of the business. Examples of these include; the department heads, the president, the production supervisors, etc.
A department with staff responsibility provides support for the department with line responsibility. Examples of personnel in the line department are the legal advisers and the human resource staff. The legal advisers provide support by advising the line managers on the lawful means to transact their business activities.
which trends are reshaping
the business, microeconomic and
microeconomic environments and
Competitive arena?
If you are the Head of H.R Department in Ali Manufacture Company and you have hire the totally fresh candidates in your company so what kind of training you will suggested; on the job training or off the job training
Answer:
on the job training
Explanation:
On the job training focuses on a more practical training, i.e. training new employees through real life situations. While off the job training is theoretical training that can be carried out somewhere else. The advantage of on the job training is that new employees encounter the same type of situations that they will face on their jobs.
1. Over the past year, a customer has surrendered, in whole or in part, three life insurance policies. If part of a money laundering operation, these transactions represent which stage
Answer:
It represents the Integration stage
Explanation:
Money laundering is an illegal chain of activities done by individuals or corporate bodies to change the status of money gotten through a criminal activity into legitimate money. This chain of activities starts with the Placement stage then transforms into the Layering stage, then ends when it is already integrated into the legitimate financial system through the Integration stage.
After the money launderer conceals the illegal money through bank deposits or purchasing a life insurance policy at the Placement stage, the launderer then proceeds to further break the money into smaller amounts to evade suspicion by numerous transactions and bank deposits at the Layering stage, which is then ended by partial or whole surrenders of life insurance policies to make it now legitimate money.
A theory of strategic factor markets suggests that the resources a firm possesses might give it an advantage versus competitors in labor markets such as this one. Which firm resource might be consistent with this position
Explanation:
Organizations are integrated systems that use resources to achieve certain objectives and goals and become profitable and competitive.
Globalization was a phenomenon that contributed to an increase in the flow of information and changes in technologies and paradigms that contributed to a greater speed in consumer trends, and in the number of companies competing in the market.
Therefore, to achieve competitive advantage, it is not enough for the organization to use its resources in a conventional way, it is necessary to use strategies to add value to its processes. Considering the current business scenario, it can be said that the human resource in companies is the one that will give it a sustainable competitive advantage, since the knowledge acquired is one of the main resources used for the company to position itself in relation to competitors, each time more companies are promoters of social responsibility, so prioritizing knowledge and its stakeholders will always be the most advantageous option for creating value and competitive advantages.
The amount of interpersonal space (space between people while interacting) that is acceptable varies by culture. This activity is important because interpersonal space is one of the key cultural areas to understand in business if you want to bridge cross-cultural gaps. The goal of this exercise is to test your knowledge of the cultural area of interpersonal space.
Determine which of the following countries has Least Social Distance and Most Social Distance.
a. China
b. UK
c. Saudia Arabia
d. India
e. USA
Answer:
Note: The full question is attached as picture below
Below is in order, according to the amount of social distance (interpersonal space in a professional interaction) that would likely be expected during a business transaction in that particular country.
1 = Least Social Distance: 5 = Most Social Distance:
1 - USA
2 - UK
3 - INDIA
4 - CHINA
5- SAUDI ARABIA
A g drought ravaged crops across the United States during the summer of 2012. What is the likely impact of this drought on the price of corn
Answer: Increase
Explanation:
The price of corn will increase sharply due to the relative scarcity of corn in the market.
Graphically depicted, the Supply curve will shift to the left due to reduction in supply of corn brought upon by the drought. It will then intersect with the demand curve to bring about a new equilibrium price with a higher price.