_____ is the total value of all the finished goods and services produced in a country over a certain period of time

Answer: $8

Explanation:

Required amount of Raw material for each unit of the product = 2 pounds

Therefore, for 12,000 units of product,

raw material required equals :

12,000 × 2 = 24,000 pounds

Standard price per pound equals $4

Therefore, Standard cost of 24,000 pounds of material equals :

24,000 × $4 = $96,000

Cost per unit equals :

(Total cost ÷ Number of Units)

$96,000 ÷ 12,000 = $8

Therefore, the standard direct material cost per unit of finished product is $8

Final answer:

A competitive firm should lay off workers to maximize profits when the wage it must pay is greater than the value of the marginal product (MP x p) of the last worker hired.

Explanation:

The question refers to the condition under which a competitive firm should lay off some workers to maximize profits. According to the principles of microeconomics, a profit-maximizing firm in a perfectly competitive market will hire workers up to the point where the market wage equals the marginal revenue product (MRP), which is the additional revenue the firm earns from hiring one more worker. In mathematical terms, this condition is when w = MP × p. If the wage, w, that the firm must pay is greater than the additional revenue generated from the last unit of labor hired (MP × p), it means the firm is not maximizing profits and should lay off workers until equality is reached.

To delve into the underlying meaning of the terms, "stockholder" technically means the holder of stock, which can be construed as inventory, rather than shares. Conversely, "shareholder" means the holder of a share, which can only mean an equity share in a business. Thus, if you want to be picky, "shareholder" may be the more technically accurate term, since it only refers to company ownership.

Answer: Fixed payment

Explanation: Usually loans come with a variable interest rates, that change over time or fixed rates. When it’s a fixed rate, you will have to pay the same amount (not changing) interest rate over the period of the loan. Interest rates Are usually affected by changes constantly because the economy grows and contracts. But with a fixed rate, your loan is not affected by those changes. This is same as the example no matter how many computers monitors he produces in a month his lease doesn’t increase because it is fixed.

Answer:

B. ad valorem tariff

Explanation:

Answer:

B

Explanation:

The correct statistical method to estimate the difference in exercise frequency between men and women based on the survey responses is to use a two-sample t-test.

To understand why a two-sample t-test is appropriate, let's consider the nature of the data and the goal of the analysis:

1. Nature of the Data : The survey data consists of responses from people about the percentage of days they get more than 30 minutes of vigorous exercise. This is quantitative data that can be treated as continuous, assuming the percentages are not restricted to a small set of values (e.g., people can report any percentage within a range).

2. Independence of Samples : The data is collected from two independent groups (men and women), which means the responses from one group do not influence the responses from the other group.

3. Comparing Means : The goal is to compare the average exercise frequency between the two groups. The two-sample t-test is specifically designed to compare the means of two independent groups.

4. Assumptions of t-test : The two-sample t-test assumes that the data from both groups are approximately normally distributed or that the sample sizes are large enough for the Central Limit Theorem to apply. It also assumes that the variances of the two groups are equal (homogeneity of variance). If the variances are not equal, a modified version of the t-test, such as Welch's t-test, can be used.

5. Robustness : The t-test is robust to small deviations from its assumptions, making it a reliable choice for many practical situations.

6. Alternatives : If the data is not normally distributed and the sample size is small, non-parametric methods like the Mann-Whitney U test could be considered. However, for the initial analysis, the two-sample t-test is a standard approach.

In summary, the two-sample t-test is the most appropriate statistical method for estimating the difference in exercise frequency between men and women because it is designed to compare the means of two independent groups, and it is robust to deviations from its assumptions. If the assumptions are not met, alternative methods can be considered.

Answer:

Part A. Economic Extortion.

Part B. Having an Internal Audit Department and proven whistle-blower policy.

Explanation:

Part A. In the Economic Extortion case, the person with power threatens the other party by its undue use against the party. This undue advantage of power forces the other party to fulfill the desires of the party with powers.

Part B. Having effective internal control department and whistle-blower policy can help the company to identify such fraudulent activities going on in the county. An internal audit department would investigate the breaches of the company policies. Furthermore, the whistle-blower policy helps in indicating the misuse of the powers within the organization.

Answer:

b. 8.225%

Explanation:

The rate formula will be used to solve this question.

Please note that the NPER represents the time value.

Where;

Present value is $754.08

Let's assume that the face value is $1,000

PMT= 1,000 x 7.25% ÷2

=$36.25

NPER= 9 years x 2

= 18 years

The formulae is therefore

Rate(NPER,PMT,-,PV,FV)

The value of the present value is negative.

a. The pretax would therefore be 11.75%

b. After tax cost of debt would be ;

Pretax cost of debt x (1 - tax rate)

11.75% x (1 - 30%)

11.75% x (1 - 0.03)

=8.225%.

Question:

Match the items below to show the risks, benefits, and powers of stockholders.

A. Risk of being a stockholder

B. The benefit of being a stockholder C. Power of a stockholder

1. Stockholders aren't guaranteed a return on their investment.

2. Stockholders receive dividends when the company makes a profit

3. Stockholders can sell their shares in the company at any time

Answer:

A. Risk of being a stockholder : 1. Stockholders aren't guaranteed a return on their investment.

B. The benefit of being a stockholder: 2. Stockholders receive dividends when the company makes a profit

C. Power of a stockholder: 3. Stockholders can sell their shares in the company at any time

Explanation:

A stockholder is a person that can also be referred to as a shareholder in a company or a firm that is private or public.

Stockholder or shareholder is a person that owns by legal rights the stocks present in a company's shares.

Stockholders benefit from the companies that they have shares in when ever the dividends from the company's profit are made public by the company. They also have the right to vote about who sits on a company's board. Stockholders can sell their shares in a company anytime they want.

One of the risks associated with been a stockholder is that a return on your investment by the company you own shares in cannot be guaranteed.

Answer:

Risk of being a stockholder: Stockholders aren't guaranteed a return on their investment

Benefit of being a stockholder: Stockholders receive dividends when the company makes a profit

Power of a stockholder: Stockholders can sell their shares in the company at any time

verified on  a p e x

Answer:

The current price of the bond is $800

Explanation:

The Yield to Maturity (YTM) is the long term yield on a bond. It is the yield that is expected from the bond based on the assumption that if the bond is purchased today and is held to maturity.

The YTM can be calculated as presented in the attachment to the answer.

As we already know the YTM and the other components of YTM formula, we can input these in the formula to calculate the Current Price of the bond.

Current Price of the bond will be,

0.1  =  80 + [(1000 - P) / 20]  /  [(1000 + P) / 2]

0.1 = 80 + [50 - 0.05P]  /  [500 + 0.5P]

0.1 * (500 + 0.5P)  =  80 + 50 - 0.05P

50 + 0.05P = 130 - 0.05P

0.05P + 0.05P  =  130 - 50

0.1P = 80

P = 80 / 0.1

P = $800

P = $800

The option that will not be available is that you can ask to get out of your loan, hence A is correct

A loan can be defined as money that one borrows from an individual or a financial institution to repay with interest.

it should be noted that the interest paid in addition to the money is what makes it a loan.

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If you're behind on loan payments, the option to ask to get out of your loan won't be available. The correct answer is option Option A) You can ask to get out of your loan.

When you are behind on loan payments, financial institutions are less likely to offer the option to get out of the loan entirely. Instead, they may provide alternative solutions such as restructuring the loan, offering payment plans, or allowing deferment with accrued interest.

However, asking to get out of the loan altogether is typically not feasible, as it would result in a loss for the lender without repayment.

When behind on loan payments, options such as borrowing from friends and family, negotiating payment plans, or deferring the loan with interest may be available, but requesting to get out of the loan entirely is unlikely to be an option.

Answer: Products reach the customer's facility

Explanation:

Free on Board or Freight on Board(FOB) is a shipping term that is used in retail to show who is responsible for the payment of transportation charges. Freight on Board is the location where the ownership of the merchandise transfers from the seller to buyer.

An organization selling its goods FOB destination holds the title to the goods until the moment the goods get to the customer's facility.

Answer: technological discovery; economic dislocation

Explanation:

In the scenario described, Karen had spotted an entrepreneurial opportunity that was created by the new extraction technique, or a technological discovery. When there's a technological discovery, there will be new opportunities for people.

The technological discovery created an oil boom or an economic dislocation. When there's a change in economic conditions as a result of displacement of some workers, we say the affected people have been dislocated from the affected economy, in terms of employment.

Answer: True

Explanation:

Most insurance covers or possibly all cover for mostly your future business, especially from the day they started the business with you or the organization. Title insurance covers against your future issues, unpaid liens and clerical errors.

Answer:

-1.4

Explanation:

Cross price elasticity of demand is calculated by dividing the percentage change in the demand of one good divided by the percentage change in price of another good

Percentage change in price of Dog leashes = 5%

Percentage change in quantity demanded of dog collars = -7%

Cross price elasticity = percentage change in quantity of dog collars / percentage change in price of dog lashes

=-7/5*100= -1.4

Answer:

Monetary neutrality is the idea that money is neutral in the long run. It is a means of exchanging, tracking, and storing value, but is not a source of value. An economy does not become inherently more or less productive by virtue of a change in the amount of money in circulation. Real productivity depends on resources, technology,and institutions.

Explanation:

Money Neutrality is a term that connotes the fact that real values, not nominal values are affected when there is a change in money supply. The term explains the fact that money is a neutral item, which does not affect the structure of a economy.

So if the central bank decides to print more money and supply it to people, there would simply be an increase in demand as well as the prices of goods and services. However, fundamental aspects of the economy, would remain unaffected by this. Some of these basic aspects of the economy, are working knowledge and skills, unemployment levels or the presence of investors.

Answer: $77

Explanation:

Given the following;

Total Book value of common equity = $300,000,000

Total outstanding shares = 6,000,000

Market Value Added (MVA) = $162,000,000

Stock price =( Market value of equity + Total Book value of equity) ÷ Number of outstanding shares

Stock price = ($162,000,000 + $300,000,000) ÷ 6,000,000

Stock price = $462,000,000 ÷ 6,000,000

Stock price = $77

Company's stock price is $77

Answer:

True

Explanation:

The reason is that the qualitative data is not a quantifiable data and it includes the whys which helps in understanding and individual opinion forming. The qualitative data can be counted and this counting increases the reliability of the data which means the conclusion drawn are more realistic in nature.

True, qualitative data is used to capture the motivations and 'whys' behind human behavior, providing in-depth understanding that numbers cannot express.

True: Qualitative data represents a type of information that is expressed in words rather than numbers. This data is crucial for understanding the motivations, thoughts, and emotions—the 'whys'—behind human behaviors and choices which can't be fully quantified. Qualitative data encompasses a wide range of non-numeric information such as personal experiences, feelings, and cultural practices, providing depth and context to the subjects being studied.

Qualitative data often comes from methods like interviews, observations, and focus groups. It can include descriptions of people's lifestyles, behaviors, or viewpoints, and provides insights into phenomena that need more detailed exploration than what mere numbers can convey. This includes aspects like hair color, emotions, or the reasoning behind certain actions within a cultural sociology study.

Researchers might prefer quantitative data for its ease of mathematical analysis; however, qualitative data adds essential narrative and substance when researchers wish to delve into people's reasons for acting a certain way that can't necessarily be measured. It's valuable in diverse fields of study, from cultural sociology to market research, since it offers perspectives on internal thought processes and personal experiences that numeric data alone cannot offer.

Answer:

In a Fixed Expense there is no change in the price. Examples of fixed expenses are things such as Rent, Car payments, dues and insurance (just to name a few of the top of my head).

In a Variable Expense, things are subject to change over time, they change based on circumstances. Examples of Variable Expenses are, gas prices, groceries, electrical bills, and services that charge based on work completed.

Short Answer: (Summary)

So to summarize, Fixed Expenses stay the same, Variable Expenses are likely to change.

Explanation:

So let's think about the concept between the two terms, Fixed Expense and Variable Expense. In a fixed anything there is no change, as opposed to variables which are subject to changes based on the situation, (they adapt I guess).

Fixed costs are expenses that remain constant regardless of production levels, such as rent or machinery costs. Variable costs, however, fluctuate based on the level of production, and they include expenses like materials, labor, or utility costs

The difference between a variable expense and a fixed expense predominantly revolves around their variance in relation to the level of productivity or output. Fixed costs are expenditures that do not change regardless of the level of production. These include costs like rent, machinery purchases, or research and development costs, all of which stay the same whether you produce a lot or a little. For instance, once you sign a lease for a factory or a retail space, the rent remains the same no matter how much you produce.

On the other hand, variable costs are those expenses that change with the level of production. They are costs incurred in the act of producing and can include expenses related to materials, labor, and utility costs associated with manufacturing. These costs generally show diminishing marginal returns, meaning the marginal cost of producing higher levels of output rises.

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Answer: A.?

Explanation: I would personally think it's A but if not it could be D.

Answer:

B

Explanation:

Payback period is the total time it takes an organization to recover the initial capital incurred in acquiring an asset.

It is expressed in years and fraction of years.

Initial investment    20,000

Year 1                                                 3000               17000

Year 2                                                 8000               9000

Year 3                                                 15,000

9000/15000= 0.6 years

The payback period = 2.6 years

The cash payback period is 2.60 years.

Net annual cash flow till year 2 = $3,000 + $8,000

= $11,000

Now the investment collected is

= $20,000 - $11,000

= $9,000

Now the cash payback period is

= 2 years +  $9,000 ÷ $15,000

= 2 years + 0.6

= 2.60 years

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Answer:

Business Solutions

Second-quarter 2018

Fixed Budget Performance Report

                                                  Budgeted              Actual

Variable expenses for desks $104,720              $104,720*

Variable expenses for chairs,   $20,800             $20,800*

Fixed expenses                       $34,000                $35,800

Total  Expenses                      $159,520               $ 156,320

*Suppose the actual variable expenses are the same as budgeted variable expenses.

Explanation:

The variable expenses depend on the number of units of chairs and desks produced where as the fixed expenses remain constant irrespective of the no of units of production.

Variable expenses are those expenses that vary directly with the number of units produced ( example more desks and more chairs will require more material).

Final answer:

The Marriott Hotel's pricing strategy illustrates the concept of 'perishability' in services, where the service cannot be stored and must be sold at the time of availability to avoid loss.

Explanation:

The service characteristic highlighted by the Marriott Hotel in downtown Chicago decreasing its room rates on the weekends is perishability. Perishability in services refers to the fact that services cannot be stored for later sale or use. Since hotel rooms are a service that cannot be 'saved' and sold at a later time, hotels often adjust their pricing to match demand, lowering rates during off-peak times to attract more customers.

The stock price of Stoneheart Group is approximately $46.21.

The dividend growth model is a method used to estimate the value of a company's stock.

To calculate the stock price using the dividend growth model (also known as the Gordon Growth Model), we can use the formula:

Stock value = Dividend per share / (Required Rate of Return – Dividend Growth Rate)

Where,

Dividend per Share = $3.05 (expected dividend next year)

Dividend Growth Rate = 4.5% (0.045)

Required Rate of Return = 11.1% (0.111)

To calculate Stock Price,

Stock Value = 3.05 / ( 0.111 - 0.045 )

                     = 3.05 / 0.066

                     =  $46.21

Hence, the stock price of Stoneheart Group is approximately $46.21 .

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Answer:

Bounded rationality

Explanation:

Decision making is an important aspect of every man, However good decision making is guided by a lot of principles

Bounded rationality mean that human rational at the point of decision making is limited . It can be further explained by the principle that a number of factors like the available information ,mindset and even time can limit the decision making capacity of an individual.

This best define the situation confronting Susanne in the scenario.

Answer: D.) Regardless of the quantity.

Explanation: Declaration of bankruptcy is usually triggered by an organization or company in debt, declaring bankruptcy involves a legal process whereby the organization in question is examined and researched by evaluating it's liabilities and assets, so that they can seek relief from their debt. Once the buyer, gourmet declares bankruptcy, the contract between both companies can be terminated in transit regardless of the quantity of goods demanded, this is because gourmet declaring bankruptcy means the company will almost certainly be unable to pay for the demanded goods.

Under UCC Section 2-705, a seller has the right to stop delivery of goods in transit if the buyer becomes insolvent, d) regardless of the quantity being shipped. This protects the seller's interests if the buyer cannot pay.

This question pertains to the legal provisions related to stopping delivery of goods in transit when a buyer declares bankruptcy. Under the Uniform Commercial Code (UCC) Section 2-705, a seller may stop delivery of goods in transit if the buyer becomes insolvent. This right to stop delivery applies regardless of the quantity of goods being shipped, meaning that the seller can exercise this right without consideration to whether the shipment is a carload, planeload, or truckload.

Therefore, the correct answer is:

d. regardless of the quantity.

Let's also review the relevant concepts:

Answer:

I think the answer is 3.

Explanation:

For a high economy, a nation must have wealth (well there are other factors too) and for wealth it must have a mechanism for attracting savings and channeling the for money and slowly slowly the economy will start growing.

Answer: $460,000

Explanation:

A stadium makes $1,000,000 in revenue from a recent event and the neighboring arena will make 46% of what the stadium makes in revenue.

This means the neighboring arena will make 46% of $1,000,000. This can be expressed as:

46% of $1,000,000

= 46/100 × 1,000,000

= $460,000

The neighboring arena will make $460,000.

Answer:

C, economies of scope between business units

Explanation:

A corporate-level strategy is a strategy that a firm adopts to measure the returns of the companies businesses having used a corporate level strategy as against what the result would e without the strategy.

In corporate-level strategy, a firm knows how each of its businesses are doing and if it should continue or not and therefore helps the firm the priority to be given to each of its businesses.

Cheers.