Answer: The correct answer is "c. Many people are bothered by pollution in the area".
Explanation: The Coase Theorem points out that if property rights are well defined and transaction costs are zero, the negotiation between the parties will lead us to an optimal point of allocation in the market.
Whoever keeps the right will depend on the value of what each party produces and the costs of losing the right to property.
However, Coase's theorem ceases to be valid when there are high negotiation costs, for example between a company and thousands of inhabitants of an area (like in this case) or when property rights are not well defined (all parties believe they have the right to do what they want).
Final answer:
The Coase Theorem does not apply when many people are bothered by pollution, as transaction costs become too high due to the complex nature of negotiations, enforcement, and monitoring. Option C
Explanation:
The situation that would make transaction costs too high to negotiate, making the Coase Theorem inapplicable, is when many people are bothered by pollution in the area. The Coase theorem posits that if property rights are well-defined and transaction costs are low, two parties will be able to bargain to reach an efficient outcome in the presence of an externality.
However, when a large number of people are affected by an externality such as pollution, the cost of negotiating and reaching an agreement becomes too high. This is because enforcement becomes difficult, monitoring is challenging, and the sheer number of deals that need to be struck becomes unmanageable.
In cases like Mexico City's air pollution, with millions of people involved, it is impractical to expect all the individuals to come to an agreement to limit their collective driving behavior. Coase himself noted that the conditions necessary for an efficient market solution via private parties rarely exist in environmental situations. Therefore, alternative approaches are required beyond individual bargaining to effectively manage environmental problems like air pollution.
Bravo's complete assets and liabilities are Accounts Receivable $800, Equipment $10,000, Accounts Payable $4,200, Prepaid Rent $2,000, Supplies $400, Bank Loan $1,600, and Tools $300. Bravo's total assets are: _______
Answer:
$13,500
Explanation:
Given that,
Accounts Receivable = $800,
Equipment = $10,000,
Accounts Payable = $4,200,
Prepaid Rent = $2,000,
Supplies = $400,
Bank Loan = $1,600
Tools = $300
Total Assets:
= Accounts Receivable + Equipment + Prepaid rent +Supplies + Tools
= $800 + $10,000 + $2,000 + $400 + $300
= $13,500
In economic decision making related engineering projects, which of the following factor is a non-economy factor. a. Operating cost b. Taxes c. Benefits d. Morale
Answer:
The answer is d. Morale
Explanation:
The economic factors are really important to be considered in a project whether it is beneficial or not. The non economic factor is Morale. The enthusiasm of a person working on a project cannot be an economic factor. Operating costs, Taxes and Benefits are economic factors. Economic factors can satisfy human needs but non economic factors help in providing psychological satisfaction.
In economic decision making for engineering projects, 'Morale' is a non-economic factor as it relates to psychological aspects rather than direct monetary values, unlike operating costs, taxes, and measurable benefits.
Explanation:In the context of economic decision making related to engineering projects, several factors come into play when assessing the feasibility and profitability of a project. These include:
When evaluating options, economists and project managers often utilize a cost/benefit analysis or compare marginal costs to marginal benefits. Common factors that influence these decisions include operating cost, taxes, and the benefits derived from the project.
However, the question specifically asks which option is a non-economy factor among the given choices. The answer is 'd. Morale'. Morale is a psychological factor that affects the satisfaction and productivity of an engineering team but does not directly involve monetary values or economic assessment.
Factors like financial rewards, work meaningfulness, autonomy, and personality can influence job satisfaction and productivity, which are part of the broader domain of organizational behavior. Morale can similarly impact overall productivity and job satisfaction but is not quantifiable in the same way as direct economic costs such as operating cost, taxes, and measurable benefits.
The price of on-campus parking from 8:00 AM to 5:00 PM, Monday through Friday, is $3.00. From5:00 PM to 10:00 PM, Monday through Friday, the price is $1.00. At all other times parking is free.This is an example of:
A)a two-part tariff.
B)tying.
C)bundling.
D)second-degree price discrimination.
E)none of the above
Answer:
E) none of the above
Explanation:
It is an example of peak pricing.
Peak pricing is when consumers pay higher during periods of high demand.
It is reasonable to assume that demand for on campus parking would be higher from 8:00 AM to 5:00 PM, than between 5:00 PM to 10:00 PM. This explains why prices are higher between 8 am - 5pm
I hope my answer helps you.
One year ago, you purchased 300 shares of Southern Cotton at $32.60 a share. During the past year, you received a total of $280 in dividends. Today, you sold your shares for $35.80 a share. What is your total return on this investment?
Answer:
Total Return on investment=12.678%≅12.68%
Explanation:
Given;
Number of Shares= 300
Purchasing price of each share=$32.60
Total Dividends= $280
Selling price of each share= $35.80
Find:
Total Return on investment=?
Solution:
Total Return on investment=[tex]\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}[/tex]
[tex]Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\[/tex]
Total Return on investment=0.12678
In Percentage:
Total Return on investment=12.678%≅12.68%
When Mayo Clinic conducted its analysis during the 1980s, what two segments of the general environment did it initially focus on?
a. Demographic and economic
b. Sociocultural and demographic
c. Economic and legal
d. Legal and technologicel
e. Technological and sociocultural trest cpcotunty
In the 1980s, the Mayo Clinic focused on the Demographic and Economic segments of the general environment. The Demographic segment provided information about their patient population and helped identify potential health trends, whereas the Economic segment helped understand the economic circumstances and affordability of their services.
Explanation:Mayo Clinic's Initial FocusDuring the 1980s, when the Mayo Clinic conducted its analysis of the general environment, it initially focused on two specific segments: the Demographic and Economic segments. These segments were chosen because they provide a comprehensive understanding of the population's characteristics and the economic circumstances in which their patients are living.
The Demographic segment would have focused on elements such as age, gender, occupation, ethnicity, and income of their patient population. This information could be used to identify trends, potential health risks, and areas of growth or decline.
The Economic segment, on the other hand, would have involved studying the general economic condition, trends in healthcare costs, and the financial ability of patients to afford their services. This would help the Mayo Clinic strategize in providing affordable and accessible healthcare services.
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Artisanâ Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 6 comma 500 units during the year. The company has provided the followingâ information: Sales Revenue $ 590 comma 000 Purchasesâ (excluding Freightâ In) 302 comma 000 Selling and Administrative Expenses 67 comma 000 Freight In 15 comma 000 Beginning Merchandise Inventory 43 comma 000 Ending Merchandise Inventory 43 comma 000 What is the operating income for theâ year?
Answer:
206,000
Explanation:
Sales = 590000
- CGS = 302000
Gross profit = 288,000
Less Operating Expenses:
Sellings and Admin expenses = 67000
Freight in = 15000
Total Operating expenses = 82000
Operating Income = 206,000
CGS = Beginning inventory + Purchases - Ending Inventory
CGS = 43,000 +302,000 - 43,000 = 302,000
Which of the following circumstances is (are) not an acceptance of the goods by the buyer
(a) after a reasonable opportunity to inspect the goods signifies to the seller that the goods are conformingor that he will take or retain them in spite of their non-conformity; or
(b) fails to make an effective rejection (subsection (1) of Section 2-602), but such acceptance does not occur until the buyerhas had a reasonable opportunity to inspect them; or
(c) does any act inconsistent with the seller's ownership; but if such act is wrongful as against the seller it is an acceptance only if ratified by him.
Complete question:
Which of the following circumstances is (are) not an acceptance of the goods by the buyer?
a.Payment by the buyer
b.After a reasonable opportunity to inspect the goods, the buyer lets the seller know that the goods are conforming
c.The buyer's failure to make an effective rejection
d.The buyer does an act that is inconsistent with the seller's ownership
e.None of the above
Answer:
Payment by the buyer
Explanation:
According to the UCC, approval takes place where the buyer: after a reasonable chance of inspecting the products, the vendor shows that the goods adhere to or[ or] will be accepted by him given any non-conformity. Does not deny the goods within a fair inspection time; It works in a manner incompatible with ownership of the goods by the seller.
Section 2–602 states that a refusal shall be made within a reasonable period of time following the delivery of the goods and furthermore, the buyer shall, in a reasonable manner, notify the seller of the refusal in a seasonal manner (reasonably swiftly).
A new product made from recycled bio-plastics needs 17 labor hours to complete the build for the first unit.
If production operates at an 87% learning curve rate, calculate the average labor hours required per unit to produce five units.
The average labor hours required to produce five units using the 87% learning curve rate is approximately 13.118 hours.
Explanation:The Learning Curve theory in this case refers to the concept that, with each unit produced, the time taken to manufacture decreases due to experience and learning. This specifically indicates an 87% learning rate, which means that the labor time for each unit drops to 87% of the time of the previous unit.
To find the cumulative average time to produce five units using a learning curve, we start with the first unit, which requires 17 labor hours. Then, each subsequent unit's labor hours are determined by multiplying the previous unit's labor hours by the learning rate (0.87). Finally, we sum all the labor hours and divide by the total number of units (5).
Unit 1: 17 hoursUnit 2: 17 hours * 0.87 = 14.79 hoursUnit 3: 14.79 hours * 0.87 = 12.8673 hoursUnit 4: 12.8673 hours * 0.87 = 11.194141 hoursUnit 5: 11.194141 hours * 0.87 = 9.7388027 hoursThe total labor hours for 5 units = 17 + 14.79 + 12.8673 + 11.194141 + 9.7388027 = 65.5892437 hours
The average labor hours required per unit = 65.5892437 / 5 = approx. 13.11784874 hours
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What is the same 100 per year in number 1 worth if it only lasts for 15 years? Same rate. (855.948)
Answer: PV(0.08,15,100.0)
Explanation:
PMT= 100
r= 0.08
You currently pay $10,000 per year in rent to a landlord for a $100,000 house, which you are considering purchasing. You can qualify for a loan of $80,000 at 9% if you put $20,000 down on the house. To raise money for the down payment, you would have to liquidate stock earning you a 15% return. We neglect other concerns, like closing costs, capital gains, and tax consequences of owning. 1. Explain the concept of opportunity cost. 2. Explain the fixed cost and the the hidden cost fallacy. 3. Given the described situation, determine whether it is better to rent or own. Show all your calculations and logical arguments.
Answer:
1. Opportunity Cost: This is the alternatives forgone when a decision is taken. If we intend to buy two items for example rule and pen. If we decide to purchase pen, the opportunity cost of purchasing pen is the price of ruler. If we keep our cash balance in safe at home instead of depositing in a saving account, the opportunity cost is interest lost.
Opportunity cost is also known as implicit cost. If you work in your company instead of getting another job. The opportunity cost is the salary you would have earned in the other employment.
2. Fixed Cost: Fixed cost is the cost that remain the same irrespective of the level of output. Fixed cost is different from variable cost because variance costs varies with the level output. Example of fixed cost is rent, administrative cost, etc.
The hidden-cost fallacy is the situation when all cost or relevant costs are not considered. Example of hidden cost fallacy is when opportunity costs are ignored.
3. Cost of Rent:
Rent per year: $10,000.
Cost of purchase:
Annual interest on loan - $7,200
Stock interest forgone -$3,000
$10, 200
It is better to rent.
Explanation:
Rent will cost only $10,000 per annual while purchasing will cost $10,200 per annual. Annual cost of purching is higher by $200.
A reversionary oil and gas sharing arrangement where the general partner agrees to defer taking a percentage of revenues is also known as a(n)____________.
Answer:
The correct answer is: Reversionary working interest.
Explanation:
Reversionary working interest or Subordinated Royalty Interest refers to general partners coming together to make business but they do not share any of the cost either the revenues until limited partners have received their shares and any interest if agreed.
To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.
True/False
Answer:
false
Explanation:
For successful IT managers, IT knowledge is not only the skills that need to be inherited but skills like communication, organizational and negotiation skills are must also.
other skills other than IT is also play a very important role in the growth of an individual.
communication skills help to developed interpersonal skills. A good communicator is a good influencer and good motivator thus individual having good communication can help and guide their subordinate to bring the positive results
Holding all else constant, a higher price for ski lift tickets would be expected to: A. increase the number of skiers B. decrease ski sales C. decrease the demand for other winter recreational activities D. decrease the supply of ski resorts
Answer:
Option (b) is correct.
Explanation:
The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.
A higher price for ski lift tickets is expected to decrease the number of skiers according to the law of demand. In the financial market, a rise in supply leads to lower interest rates, while an increase in loan quantity can result from either a rise in demand or supply. A price ceiling does not shift demand or supply but creates excess demand.
Explanation:Holding all else constant, a higher price for ski lift tickets would be expected to decrease the number of skiers as it makes skiing less affordable for consumers. This scenario is explained by the law of demand, which states that, ceteris paribus, when the price of a good or service increases, the quantity demanded decreases, and vice versa.
For the questions from the financial market perspective:
A decline in interest rates would be expected with a rise in the supply of loanable funds, as this increases the availability of money to lend and typically leads to lenders reducing interest rates to attract borrowers.An increase in the quantity of loans made and received would occur with either a rise in demand for loans or a rise in supply. Both scenarios lead to more transactions in the loan market.A price ceiling typically does not shift the demand or supply curve itself, but it can create excess demand by setting a price below the equilibrium, leading to shortages.If everyone paid taxes equal to 10 percent of their total annual income, the value of correlation coefficient for income and taxes would be nearest to____________.
Answer:
the value of correlation coefficient for income and taxes would be nearest to 1
Explanation:
Correlation coefficient measures the strength of relationship between two variables. If r is close to one there is a positively strong correlation between the two variables, if it is close to -1, the is negatively weak relationship between the two variables.
the value of correlation coefficient for income and taxes would be nearest to 1, if everyone paid taxes equal to 10 percent of their total annual income.
In general, do you think that outliers would be more likely to occur in the salaries of heads of companies or in the ages of heads of companies? Explain
Answer:
Outliers are more likely to occur in the ages of head of companies than in the salaries of heads of companies.
Explanation:
An outlier is a data point that differs significantly from other observation, it is refer to as an extreme value, compare to other values.
Outliers are more likely to occur in the ages of head of companies than in their salaries because the ages of heads of companies varies, as that is determine by appointment or by efficiency , so anyone of any age that meet the required criteria can assume the position, one can find a youth of 25 as the head of a company or a man in his late 60s as the head of a company.
As for the salaries, it varies as well, but the difference in salaries when compared can not be very wide apart.
Stockholders’ equity totaled $94,000 at the beginning of the year. During the year, net income was $24,000, dividends of $9,000 were declared and paid, and $22,000 of common stock was issued at par value. Calculate total stockholders' equity at the end of the year.
Answer:
$131,000
Explanation:
Given that,
Stockholders’ equity at the beginning = $94,000
net income = $24,000
Dividends paid = $9,000
Common stock issued = $22,000
Stockholders' equity at the end:
= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued
= $94,000 + $24,000 - $9,000 + $22,000
= $131,000
Therefore, the total stockholders' equity at the end of the year is $131,000.
A contingency reserve is money assigned to the project and allocated for identified risks for which contingent responses are developed.
a. True.
b. False.
Answer:
The correct answer is letter "A": True.
Explanation:
Contingency reserves are funds that companies save to face economic hardships. In some cases, those negative situations can be expected while in some other cases they cannot -such as acts of God. Contingency plans come along with the contingency reserve to have an idea of what the company is going to do with the funds.
What do you think companies should do to make themselves more moral organizations? How can they promote a healthymoral climate inside the company?
To become more moral, companies should enforce a global ethics code, offer ethics training, lead by example, and provide transparent reporting mechanisms. Additionally, wellness programs, work-life balance, and mental health support can help foster healthy habits among employees. Encouraging ethical behavior improves job satisfaction and retention, ultimately benefiting the company.
To make themselves more moral organizations, companies should develop and enforce a robust ethics code globally. This code would guide behavior and decision-making, promoting a healthy moral climate that respects diverse ethical values. Promoting such a climate involves leadership demonstrating ethical behavior, providing ethics training, and ensuring transparent communication channels for reporting ethical concerns.
Alternative methods to motivate employees to adopt healthy habits could include wellness programs that provide education, resources, and incentives. These wellness programs might involve fitness challenges, health screenings, and discounts on health insurance premiums. Encouraging a work-life balance and providing mental health support can also significantly contribute to healthier employee habits.
By understanding that an ethical environment can lead to happier, more committed employees who engage more frequently in ethical behaviors, companies can focus on creating policies and a work culture that emphasizes these values. This is not only the right thing to do but is also good for business, as it can improve job attitudes and worker retention while reducing health care costs associated with unhealthy habits.
.Can competitors imitate FedEx’s approach in international markets and take market share away from the company? Why or why not?
Answer: why, to ward off threat from their competitors. Why not, they should avoid unholy competition fair practices and exhibit only those practices that are capable of sustaining perfect competition.
Explanation:
Courier service : This is a service provided by a private postal organizations that specializes in fast, quick delivery of mail's, parcels for people,. FedEx is an American multinational company that specializes in the provisions of these services both local and around the world. Their services ranges from the provisions of quick delivery of mail's and parcels to their destinations promptly, ensure that their customers goods or parcels are delivered safely to their destinations that is their is no loss of goods in transit, they also provides extended hours of services to their customers. In addition, they also insure the goods or parcels with the insurance company in order to provide an insurance cover for the goods or parcels in case of loss.
The competitors are the firms operating within the same industry and providing similar or substitute product or services. The aim of every competitors in the market is to gain the largest share of the market. The competitors want to become the market leader. The question now is why or why not, to answer the question of why, the competitors should imitate the approach of their competitors in order to learn about the operations of their competitors with a view to ward off whatever threat that may come from them.they can do these by looking at the competitors product packaging, pricing policies, Discount structures, promotional and distribution strategies. All these need to be well understood. The knowledge of these would help the organization to understand and respond positively to pressures from their competitors. For instance, if their competitors has been making use of advertising, the firm should consider other alternatives such as promotion or publicity.
To answer the question of why not, a firm should not imitate the approach of FedEx in the international market and take market share away from the company, because a firm should avoid a reckless and damaging competition rather they should see one another as partners in progress. They should avoid an unholy competition fair practices, they should always exhibit only those practices that are capable of sustaining perfect competition.
Competitors could imitate FedEx's approach but face barriers due to the company's strong brand and efficient operations.
Competitors could imitate FedEx's approach in international markets and potentially take market share away from the company. This is because globalization has opened up opportunities for firms worldwide to enter new markets, leading to increased competition.
However, FedEx's strong brand recognition, efficient operations, and established network could serve as barriers to entry for competitors. Additionally, the company's focus on rapid and reliable delivery services sets it apart in a market where speed is crucial. Globalizing early can provide a competitor with a first-mover advantage in emerging markets, making it essential for FedEx to continually innovate and adapt to stay ahead of potential competitors.
Brookman Inc.’s latest EPS was $2.75, its book value per share was $22.75, it had 315,000 shares outstanding, and its debt/total invested capital ratio was 44%. The firm finances using only debt and common equity and its total assets equal total invested capital.
How much debt was outstanding?
a) $4,586,179 b) $4,827,557 c) $5,081,639 d) $5,349,094 e) $5,630,625
Answer:
Option (E) is correct.
Explanation:
EPS = $2.75
Book Value Per Share = $22.75
Shares Outstanding = 315,000
Debt Ratio = 44%
Total equity = Shares outstanding × Book Value Per Share
= 315,000 × $22.75
= $7,166,250
Total assets = Total equity ÷ (1 - Debt Ratio)
= $7,166,250 ÷ (1 - 0.44)
= $12,796,875
Total Dept = Total assets - Equity
= $12,796,875 - $7,166,250
= $5,630,625
Identify the importance of accounting by select statement(s) that is (are) correct below
a. Accounting information helps users make business and financial decisions
b. Accounting information is used throughoutthe year (NOT only at the end of a year when tax returns and financial statements are prepared) by businesses and individuals to help make financial decisions
c. Accounting is a system that identifies, records, and communicates financial informationRevenues – Expenses = Net IncomeComplete the following statement regarding risk analysis
d. Higher risk implies higher, but riskier, expected returns
It should be noted that the importance of accounting by are;
Accounting information helps users make business and financial decisions.Accounting information is used throughout the year (NOT only at the end of a year when tax returns and financial statements are prepared) by businesses and individuals to help make financial decisions.Accounting is a system that identifies, records, and communicates financial information Revenues – Expenses = Net Income Complete the following statement regarding risk analysisAccounting can be regarded as the system which determine , records, and communicates financial information to the organization.
With accounting system, the organization can business and financial decisions easily.
Therefore, option A,B,C are correct.
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Accounting is critically important as it guides decision making, potentiates financial planning, and is a continuous process that systematically identifies, records and communicates all financial information. It provides the necessary data to understand a business's financial health effectively.
Explanation:The field of accounting carries significant importance in both business and personal contexts. Statements a, b, and c are all correct in describing why accounting is critical:
Accounting information provides vital data that the users require for making sound business and financial decisions. It facilitates a detailed understanding of the revenues, expenses, assets, liabilities and owner's equity of the business.Accounting doesn't just come into play at the end of the year during tax returns and financial statement preparation. It is a continuous process used throughout the year, helping businesses and individuals in a myriad of financial decisions, from budget planning to investment decisions.Accounting is a systematic process that identifies, records, and communicates financial information. This means that all monetary transactions are recorded, compiled, and presented in an understandable manner, facilitating transparency and accountability.Learn more about Importance of Accounting here:https://brainly.com/question/30456402
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Suppose a manufacturing plant purchased a new heating system in December, 2015 and, after installing and testing the equipment, it was put into service on January 1, 2016. The total cost to put the equipment into service was $55,000; it is expected to have a useful life of 5 years and a salvage value of $5,000.
Record the Transaction:Using the straight-line method of depreciation, what will the entry be to record depreciation for the 6 months ending June 30, 2016?
Answer:
Depreciation for 6 months ending June 30, 2016 is $ 5,000 and the accounting entry to record the transaction is:
Depreciation Expense - Debit $ 5,000
Allowance for Depreciation - Credit $ 5,000
Explanation:
The depreciation charge for the year is calculated as follows:
Total cost of the equipment $ 55,000
Salvage Value $ 5,000
Net Depreciable value $ 50,000
Estimated Useful Life 5 years
Annual Depreciation expense(50000/5) $ 10,000
Depreciation for 6 months (10000/2) $ 5,000
The manufacturing plant would record a depreciation expense of $5,000 for the first 6 months of 2016, using the straight-line method of depreciation.
Explanation:The subject of this question is the calculation of depreciation using the straight-line method, that is widely used in business and accounting. The system's original cost is $55,000 with a salvage value of $5,000 expected after 5 years. Therefore, the total depreciation over its 5-year life (useful life) would be $50,000 ($55,000 - $5,000).
To calculate the annual depreciation, you would divide the total depreciation by the useful life. So, $50,000 ÷ 5 equals $10,000. This is the amount of depreciation that should be recorded each year.
However, the question asks for the depreciation expense for the first 6 months of 2016 (January to June). Therefore, you would halve the annual depreciation. So, $10,000 ÷ 2 equals $5,000. This is the depreciation expense to be recorded for the first 6 months of 2016.
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__________ departs from the often dimly lit restaurant operated by a Chinese family and offers, instead, an exhibition kitchen.
Answer:
The correct word for the blank space is: China Bistro.
Explanation:
P. F. Chang's China Bistro mainly known as China Bistro is an Asian-themed restaurant offering diverse dishes of Asian gastronomy. The restaurant is characterized by the elegance of its accommodations and offers buffets with a wide variety of foods as a form of an exhibition. P. F. Chang's China Bistro has a presence in different countries around the world such as Brazil, Dominican Republic, United Arab States, Qatar, South Korea, the United Kingdom, and the United States.
A large grocery chain has implemented a new "scan, bag, and go" technology that allows customers to shop with greater independence. Which of the following options BEST describes the effect of this technology on business?
A. Information technology allows businesses to respond rapidly to changing customer demand.
B. Business supply chains are a lot faster because of new information technologies.
C. Businesses are using information technology to achieve higher levels of operational efficiency.
D. Businesses are using social networking tools to connect their employees, customers, and managers worldwide.
E. Maintaining just-in-time inventory has been an important consequence of information technology in business.
Answer:
The correct answer is letter "C": Businesses are using information technology to achieve higher levels of operational efficiency.
Explanation:
Information technology is mainly designed to make individuals' lifestyles better, fastening most of their daily activities so they could enjoy more free time. When talking about corporations, information technology has helped their operational efficiency to raise substantially by introducing new techniques of doing things but reducing the processing time.
When organizing the outline for your speech, you should first identify at least five major ideas you want your audience to remember.
Explanation:
A speech with the best pointers gets succeeded rather than the lengthier speech which does not have any highlights.
When we are presenting a speech, content is the first things that comes right in front of us, then comes the body posture, gestures, tone of voice, etc.
It is important to google for a best pointers, which is rarely known, few facts, few positive aspects, the challenges so that the speech will attract mass listeners.
The content gets successful only with the help of gestures and tone of voice. So we need major ideas and good tone of voice along with good gestures.
What is the quickest and most efficient way of getting your new employees connected to the intranet
Answer:
Intranet Connectivity:
Explanation:
For smooth working in the office, whether it is small or big business, the most crucial element is connectivity to the company intranet. This is crucial for conducting the work in a smartest and effective way.
The two type of intranet that company acquired is
a) intranet provided by the third party
b) network connectivity managed by the corporation itself
In December 2015, Apple had cash of $ 37.69 billion, current assets of $ 75.91 billion, and current liabilities of $ 76.31 billion. It also had inventories of $ 2.45 billion. (a) What was Apple's current ratio? (b) What was Apple's quick ratio? (c) In January 2016, Hewlett-Packard had a quick ratio of 0.66 and a current ratio of 0.90. What can you say about the asset liquidity of Apple relative to Hewlett-Packard?
Answer:
(a) 0.99
(b) 0.96
(c) Apple has better liquidity
Explanation:
(a) Apple's current ratio:
= Current assets ÷ Current liabilities
= $ 75.91 billion ÷ $ 76.31 billion
= 0.99
(b) Apple's quick ratio:
= (Current assets - Inventory) ÷ Current liabilities
= ($ 75.91 billion - $ 2.45 billion) ÷$ 76.31 billion
= 0.96
(c) In January 2016,
Quick ratio = 0.66
Current ratio = 0.90
In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.
Hulu allows people to watch television shows and movies on the Internet. Hulu's business opportunity was made possible by ________ that enhanced the ability of television shows and movies to be uploaded to the Internet and played by anyone with a suitable computer and an Internet connection.
Answer:
technological advances.
Explanation:
Technological advances have impacted the lives of all individuals, changed the way we relate and interact with the world. The creation of the internet was a technological advance that revolutionized the world, through which greater integration and speed of information is possible, which optimized work activities, human relations and the obtaining of any type of information, at the click of a computer or cell phone.
Paid streaming platforms like Hulu, are characterized as a TV service over the internet, emerged from new consumer trends. Through research it was found that people were watching less television to access content on the internet. The success of streaming companies is due to the analysis of trends and the possibility for consumers to have control over what they want to watch and when to watch, thus consolidating the success of these platforms that, from market analysis, fit into a market niche each increasingly growing.
Final answer:
Hulu's business opportunity was enabled by technological advances, particularly in Internet bandwidth and data compression, allowing for the streaming of high-quality video content. These changes, coupled with shifts in consumer behavior towards convenience and on-demand content, paved the way for streaming services' success.
Explanation:
Hulu's business opportunity was made possible by technological advances in Internet bandwidth and data compression algorithms. These advances significantly enhanced the ability to upload and stream video content on the Internet, allowing instant access to television shows and movies for anyone with a computer and an Internet connection. The invention of cable and the exponential growth of the Internet infrastructure in the 2000s, along with the development of streaming services like Netflix, contributed to changing consumer habits. People shifted from renting or purchasing physical media to subscribing to online libraries of content. This was accompanied by innovations in how content was monetized, moving from traditional advertising to product placements and subscription models. Furthermore, the increased Internet bandwidth and compression techniques enabled high-quality streaming of video content, making it feasible for companies like Hulu to offer on-demand content that can be watched over various devices including computers, smartphones, and smart TVs.
The switch to digital streaming was driven by consumer desire for convenience, leading to the rise of "binge-watching" habits. Additionally, the saturation of information and various media forms became possible due to these technological improvements. Cable and satellite providers also adapted, offering on-demand programming to meet consumer expectations for accessibility and immediacy.
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $15.00 per direct labor-hour and $11.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $18.00 per hour. The following information pertains to Job N-60:
Assembly Testing & Packaging
Direct materials $360 $33
Direct labor $117 $45
Required:
1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.)
2. If Job N-60 consists of 10 units, what is the unit product cost for this job? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Answer:
Instructions are listed below
Explanation:
Giving the following information:
The predetermined overhead rate:
Assembly and Testing= $15.00 per direct labor-hour
Packaging= $11.00 per direct labor-hour
The company’s direct labor wage rate is $18.00 per hour.
Job N-60:
Assembly Testing & Packaging
Direct materials $360 $33
Direct labor $117 $45
A) We need to use the following formula:
total cost= direct material + direct labor + manufacturing overhead
First, we need to determine the number of direct hours used:
Assembly= 117/18= 6.5 hours
Packaging= 45/18= 2.5 hours
total cost= (360 + 33) + (117 + 45) + (6.5*15 + 2.5*11)= $680
B)
Unitary cost= 680/10= $68
Final answer:
The total manufacturing cost assigned to Job N-60 is $680.00, which includes direct materials, direct labor, and overhead for both Assembly and Testing & Packaging departments. If Job N-60 consists of 10 units, the unit product cost for this job is $68.00.
Explanation:
The total manufacturing cost assigned to Job N-60 can be calculated by summing the costs of direct materials, direct labor, and manufacturing overhead for both the Assembly and Testing & Packaging departments.
Assembly direct materials: $360
Assembly direct labor: $117
Testing & Packaging direct materials: $33
Testing & Packaging direct labor: $45
To determine the manufacturing overhead for each department, we use the predetermined overhead rates:
Assembly overhead: $15.00 per direct labor-hour
Testing & Packaging overhead: $11.00 per direct labor-hour
Calculating the direct labor-hours for each department using the direct labor cost divided by the wage rate of $18.00 per hour, we get:
Assembly hours = $117 / $18.00 = 6.5 hours
Assembly overhead = 6.5 hours * $15.00 = $97.50
Testing & Packaging hours = $45 / $18.00 = 2.5 hours
Testing & Packaging overhead = 2.5 hours * $11.00 = $27.50
Adding up all the costs, we have:
Total manufacturing cost for Job N-60 = $360 + $117 + $97.50 + $33 + $45 + $27.50 = $680.00
To calculate the unit product cost when Job N-60 consists of 10 units, we divide the total manufacturing cost by the number of units:
Unit product cost for Job N-60 = $680.00 / 10 = $68.00 per unit
When an accountant examines projected financial statements, the accountant's report should include a separate paragraph that:
Answer:Gives a description of the limitations on the projection's usefulness.
Explanation: Financial statements are documents that contains the financial status of a given entity,it includes both the previous position, present position and the projections. A financial statements also describes the limitations ( possible short comings or factors that are capable of adversely affecting the the positive outcome of the expected projections. A financial statement is not complete until it has captured all the possible positive and projected negative outcomes expected to hinder the full implementation of the Project or activity.