A cost may be recorded as an expense or as an asset purchase is a true statement. An expense is any cost that is incurred by a business in order to generate revenue.
Expenses are typically classified into two types: direct and indirect. Direct expenses are those that are directly associated with the production of goods or services. Examples include labor costs, raw materials, and equipment. Indirect expenses are those that are not directly associated with the production of goods or services. Examples include rent, utilities, and insurance. An asset purchase is a purchase of an asset, such as land, buildings, or equipment, that will be used in the business for more than one year. Assets are typically classified as either current or fixed. Current assets are those that will be used within one year. Examples include inventory and accounts receivable. Fixed assets are those that will be used for more than one year. Examples include land, buildings, and equipment.
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Tri-County G&T sells 150,000 MWh per year of electrical power to Boulder at $75 per MWh, has fixed costs of $82.5 million per year, and has variable costs of $25 per MWh. If Tri-County has 1,000,000 MWh of demand from its customers (other than Boulder), what will Tri-County have to charge to break even?
Answer:
Tri-County has to charge $824.59 per MWh to breakeven.
Explanation:
Breakeven Point is the level at which a firm neither makes a profit nor a loss.
Step 1 : Calculate the Total Fixed Costs
If If Tri-County has 1,000,000 MWh of demand from its customers other than Boulder, then the total fixed costs has to be established for the company first as follows :
Unit Cost = Total Existing Fixed Costs ÷ Existing Activity (Boulder)
= $82,500,000 ÷ 150,000 MWh
= $550 per MWh
Fixed costs including the demand from other customers :
Total MWh = 150,000 MWh ( Boulder) + 1,000,000 MWh (Other customers)
= 1,150,000 MWh
Therefore,
Total Fixed Costs = Unit Cost × Total MWh
= $550 × 1,150,000 MWh
= $632,500,000
Step 2 : Calculate the Break even point in dollars
Break Even Point (dollars) = Fixed Costs ÷ Contribution Margin ratio
Where,
Contribution Margin ratio = Contribution ÷ Sales
= Selling Price - Variable Costs ÷ Sales
= ($75 - $25) ÷ $75
= 0.667
Break Even Point (dollars) = $632,500,000 ÷ 0.667
= $948,275,862.10
Step 3 : Calculate the unit selling price to break even
Unit Price = Total Sales ÷ Total Units Sold
= $948,275,862.10 ÷ 1,150,000 MWh
= $824.59 per MWh
Conclusion :
Tri-County has to charge $824.59 per MWh to breakeven
The "invisible hand" concept suggests that
A. changes in product demands are only randomly reflected in changes in the demands of for resources
B. Profit maximization is inconsistent with its efficient allocation of resources
C. When firms maximize their profits society's output will also be maximized.
D. Government action is necessary to correct for market failures
(This is an economics question)
Students will write a three-page essay about themselves, and their families! This essay can include detailed family history, sharing any struggles that their family has faced. Students should also include their own background, school interests, activities, work, etc., (About 375 words)
In writing an essay you must consider the structure of the essay, Hence, the structure of the essay should be considered;
The Introduction The bodyThe conclusionFor this essay concentrate on yourself and write about what makes you you.
This is further explained below.
What is family?Generally, A family is a group of two or more people who are connected by blood, marriage, or adoption and who live together; all of these people are regarded as belonging to the same family.
In conclusion, Write about yourself as well as the unique features of your family, detailed family history, sharing any struggles that your family has faced.
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The Natural rate of unemployment is: A. Structural unemployment rate plus frictional unemployment rate. B. The actual rate minus the cyclical rate C. A and B Leaning towards A
QUESTION 4 of 10: When a hotel "comps" a room, the hotel:
a) Sets the room rate equal to competitors' rates
b) Provides the room for free
c) Provides a complete rate with room and meals packaged together
Answer:
B) The hotel Provides the room for free.
Suppose producers of cheese complain that the price floor has reduced their total revenue. Is this possible
Yes, it is possible for producers of cheese to complain that a price floor has reduced their total revenue. A price floor is a government-imposed minimum price set above the equilibrium price in a market.
Its purpose is often to protect producers by ensuring they receive a higher price for their product. However, despite the intention of protecting producers, price floors can sometimes have unintended consequences. If the price floor is set too high, it can lead to a surplus of the product because the quantity supplied exceeds the quantity demanded at that higher price. In the case of cheese producers, if the price floor is set above the equilibrium price, it could result in reduced total revenue for the producers.
Here's how it can happen:
1. Price floor set above equilibrium: When the price floor is set above the equilibrium price, it creates a situation where the price that buyers are willing to pay is lower than the minimum price imposed by the floor.
2. Surplus and reduced demand: With the price higher than what buyers are willing to pay, the quantity demanded decreases. Consumers may switch to substitute products or reduce their overall cheese consumption.
3. Excess supply: On the other hand, producers continue to produce at the higher price encouraged by the price floor, resulting in excess supply or a surplus of cheese in the market.
4. Reduced total revenue: The surplus puts downward pressure on the price, as producers compete to sell their excess cheese. As a result, even though producers receive a higher price per unit due to the price floor, the reduced quantity sold leads to a decline in their total revenue.
In this scenario, cheese producers would complain that the price floor has reduced their total revenue despite the aim of the policy being to protect them. It highlights the unintended consequences and inefficiencies that can arise from government interventions in markets.
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(02.10 LC) What strategy works best to get out of a rut?
A) Attitude
B) Belief
C) Flexibility
D) Selling out
Answer is C Flexibility because that's the only thing that goes in the exercise category.
Explanation: I hoped that Helped!!
Answer:
Flexibility.
Explanation:
Cognitive flexibility refers to the brain’s ability to transition from thinking about one concept to another. The quicker you are able to switch or “shift” your thinking from one dimension (e.g. color of an object) to another (e.g. shape of an object), the greater your level of cognitive flexibility.
"Monetary policy can be described either in terms of the money supply or in terms of the interest rate." This statement amounts to the assertion that a. the activities of the Federal Reserve’s bond traders are irrelevant if the Federal Reserve decides to target an interest rate. b. our analysis of monetary policy is not fundamentally altered if the Federal Reserve decides to target an interest rate. c. changes in monetary policy aimed at expanding aggregate demand can be described either as increasing the money supply or as increasing the interest rate. d. rightward shifts of the money-supply curve cannot occur if the Federal Reserve decides to target an interest rate.
Answer:
b
Explanation:
The monetary policy is not fundamently altered
As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
Suppose that marginal revenue is given by MR(q) = q3
(q3 + 1)-1 . Find the function
R(q) for total revenue given that R(0) = 0
The given marginal revenue function is MR(q) = q³(q³+1)⁻¹. To find the total revenue function R(q),
we need to integrate the marginal revenue function with respect to q. So, we have:∫MR(q)dq = R(q) + C, where C is the constant of integration.R(q) = ∫q³(q³+1)⁻¹ dqIntegrating by substitution:Let u = q³ + 1du/dq = 3q²dq = (1/3)(u - 1)⁻²duSo, the integral becomes:R(q) = (1/3)∫u⁻² du [using u-substitution]R(q) = (1/3) × (-u⁻¹) + C = -1/3(q³+1)⁻¹ + CSince R(0) = 0, we have:C = 1/3Therefore, the function R(q) for total revenue is:R(q) = -1/3(q³+1)⁻¹ + 1/3Answer: R(q) = -1/3(q³+1)⁻¹ + 1/3
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USA - based MNC has a project in Switzerland (data provided in
CHF)
Maturity = 3 years
Initial investment = CHF 2 bil
Price of Product
Quantity
Year 1
CHF 5,000
1 million unit
Year 2
CHF 7,000
The revenue from the sale of the product in Switzerland during the given period is CHF 15.5 billion.
Given, A USA-based MNC has a project in Switzerland. The maturity period is 3 years. The initial investment is CHF 2 billion. The price of the product and quantity provided is as follows: Year 1: CHF 5,000 per unit for 1 million units Year 2: CHF 7,000 per unit for 1.5 million units Calculating the revenue from the sale of the product during the given period: Year 1Revenue from 1 million units of product = CHF 5,000 × 1,000,000= CHF 5,000,000,000Year 2Revenue from 1.5 million units of product = CHF 7,000 × 1,500,000= CHF 10,500,000,000So, the total revenue from the sale of the product over the 2-year period is: Total revenue = Revenue in Year 1 + Revenue in Year 2= CHF 5,000,000,000 + CHF 10,500,000,000= CHF 15,500,000,000. Hence, the revenue from the sale of the product in Switzerland during the given period is CHF 15.5 billion.
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Selma deposited a paycheck for $378. 42. She’ll use the check register to record her transaction. What will be her new balance? A checking account has a balance of 2636 dollars and 41 cents. $2,257. 99 $2,337. 06 $3,014. 83 $3,057. 31.
Answer:
$3,014. 83
Explanation:
So basically, just add the checking account balance to the amount she's depositing. So the equation should look like $378.42 + 2,636.41. Add it all up and you get $3,014.83
Hope this helps :)
for a speech explaining how to bake bread, which organizational pattern would be used?
For a speech explaining how to bake bread, the most appropriate organizational pattern to use would be sequential order.
This pattern would ensure that the steps involved in the bread-baking process are presented in a logical sequence, from the beginning to the end. The speaker would begin by introducing the ingredients needed for the bread, followed by the step-by-step instructions on how to mix and prepare the dough. The speaker would then explain the rising and baking process, including how to properly set the oven temperature and how to check the bread for doneness. Using sequential order in the speech will help the audience follow along with the process, and ensure that they understand each step before moving on to the next. It will also help the speaker avoid confusing the audience by presenting information out of order.
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What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.
Suppose that France and Switzeriand both produce fish and cheese. France's opportunity cost of producing a pound of cheese is 5 pounds of fish while: Switzeriand's opportunity cost of producing a pound of cheese is 10 pounds of flsh. Ey comparing the opportunity cost of producing cheese in the two countries, you can tell that production of cheese and has a comparative advantage in the production of fish. has a comparative advantage in the Suppose that france and Switzerland consider trading cheese and fish with each othen. France can gain from specialization and trode as long as it recelves more than of fish for each pound of cheese it exports to Switrerland. Similarfy, Switrerland can gain from trade as long as it receives more than of cheese for each pound of fish it exports to France. Based on your answer to the iast question, which of the following prices of trade (that is, price of cheese in terms of fish) would allow both Smitrefiand and france to goin from trader check ail that apply. 2 pounds of fuh per pouind of cheese 6 pounds of for per pound of cheese 12 pounds of fish per pound of cheese 9 pounds of fish per pound of cheesen
The prices of trade that would allow both Switzerland and France to gain from trade, considering their comparative advantage, are 2 pounds of fish per pound of cheese and 6 pounds of fish per pound of cheese.
To determine the prices of trade that would allow both Switzerland and France to gain from trade, we need to consider their comparative advantage in the production of cheese and fish.
France has a lower opportunity cost of producing cheese compared to Switzerland (5 pounds of fish vs. 10 pounds of fish). This implies that France has a comparative advantage in cheese production, while Switzerland has a comparative advantage in fish production.
For both countries to gain from trade, France should receive more than 5 pounds of fish for each pound of cheese it exports to Switzerland. Similarly, Switzerland should receive more than 10 pounds of cheese for each pound of fish it exports to France.
Based on this information, the following prices of trade would allow both Switzerland and France to gain from trade:
- 2 pounds of fish per pound of cheese: This price benefits both countries as France receives more fish, and Switzerland receives more cheese.
- 6 pounds of fish per pound of cheese: This price also benefits both countries as it still provides France with more fish and Switzerland with more cheese.
On the other hand, the prices of 12 pounds of fish per pound of cheese and 9 pounds of fish per pound of cheese would not allow both countries to gain from trade. These prices would not align with their comparative advantage and would result in one country losing out.
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this is for you so i dont feel bad
is contact lenses for a person who wears glass good or service
Contact lenses for a person who wears glass would be classified as a good.
What is a product?A product is sometimes referred to as a good and it can be defined as any physical object (tangible item) that is typically produced by a manufacturer, in order to satisfy and meet the demands, needs, or wants of every customer (persons or people).
In Business management, some examples of a product include the following:
Digital cameraRefrigeratorLaptop computerGlassSmartphones or Mobile phonesTelevisionContact lensesIn this context, we can reasonably infer and logically conclude that contact lenses are good examples of products because they are tangible and can be seen, touched, or felt by a customer.
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Whereas productions are documents a student prepares especially for a portfolio, _____ represent a teacher's documentation of a student's progress, such as through notes or progress reports
Whereas productions are documents a student prepares especially for a portfolio, attestation represent a teacher's documentation of a student's progress, such as through notes or progress reports.
What is an attestation?Attestation is a statement that something exists or is true.
Attestations are records of a student's progress kept by a teacher or other responsible person. An instructor might, for example, write evaluation notes regarding a student's oral presentation and keep them in the portfolio.
Thus, the correct option is attestation.
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if the market rate of interest is less than the bond's stated rate of interest, the bond will be issued at:
a. a discount
b. par
c. a premium
d. maturity value
The bond will be issued at a premium if the market interest rate is lower than the specified interest rate. Thus, Option C holds the truth.
When a bond is issued at a premium, it means that the bond is sold for more than its face value. This happens when the bond's stated rate of interest is higher than the market rate of interest. Investors are willing to pay more for the bond because they will receive a higher interest payment than they would if they invested in a bond with a lower interest rate.
Therefore, the bond will be issued at a premium when the market rate of interest is less than the bond's stated rate of interest.
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A bank manager lends a client $1,000,000 for six months. The corporate borrower repays $1,050,000 in six months. The bank charges a $1,000 fee to set up the loan. What is the EAR or effective annual rate on the loan?
The Effective annual rate on the loan are 5.0625%.
The EAR or effective annual rate on the loan is the annual rate of interest that accounts for the effects of compounding.
In this case, the bank manager lends a client $1,000,000 for six months and the corporate borrower repays $1,050,000 in six months. The bank also charges a $1,000 fee to set up the loan.
To calculate the EAR, we need to use the following formula:
EAR = (1 + r/n)^(n) - 1
Where r is the annual interest rate, and n is the number of compounding periods per year.
In this case, r = ($1,050,000 - $1,000,000)/$1,000,000 = 0.05 or 5%
And n = 2, since the loan is for six months and there are two six-month periods in a year.
Plugging in the values into the formula, we get:
EAR = (1 + 0.05/2)^(2) - 1
EAR = 1.025^2 - 1
EAR = 1.050625 - 1
EAR = 0.050625 or 5.0625%
Therefore, the EAR or effective annual rate on the loan is 5.0625%.
It is important to note that the $1,000 fee is not included in the calculation of the EAR, as it is a one-time charge and not part of the interest rate.
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question 1 if the present value of $280 paid one year from now is $250, what is the one-year discount factor?
The one-year discount factor is 0.893.
The present value of $280 paid one year from now is $250, so we can calculate the one-year discount factor as follows:
Discount Factor = Present Value / Future Value
Discount Factor = $250 / $280
Discount Factor = 0.893
So, the one-year discount factor is 0.893. This means that if you have $280 due one year from now, its present value today is $250. This calculation takes into account the time value of money, which means that money is worth less the further out in the future it is received. The discount factor takes into account the interest rate or return that could be earned on an investment over that period of time.
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Mountain View Hospital has purchased new lab equipment for $134,650. The equipment is expected to last for three years and to provide cash inflows as follows:
Year 1. . . . . . . . . . . $45,000
Year 2. . . . . . . . . . . $60,000
Year 3. . . . . . . . . . . ?
Required: (Ignore income taxes.)
Assuming that the equipment will yield exactly a 16% rate of return, what is the expected cash inflow for Year 3?
The expected cash inflow for Year 3 is $29,650.
To determine the expected cash inflow for Year 3, we can use the concept of the rate of return and apply it to the cash inflows provided in the problem.
The rate of return is given as 16%. This means that the total cash inflows over the three years should yield a return of 16% on the initial investment.
Let's calculate the total cash inflows for the first two years:
Year 1: $45,000
Year 2: $60,000
To find the expected cash inflow for Year 3, we need to subtract the total of the first two years' cash inflows from the initial investment:
$134,650 - ($45,000 + $60,000) = $29,650
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Which of the following is not one of the 3 major ways to save for retirement
that were discussed in class?
O a. Saving and investing throughout your life
O b. Getting paid via benefits from social security
O d. Liquidating the majority of your assets into cash
O c. Leveraging benefits from your previous job
The option that is not one of the 3 major ways to save for retirement discussed in class is option
(d) liquidating the majority of your assets into cash.
What is a better way to save for retirementThis is not a sustainable strategy for retirement savings as it involves selling off assets that could potentially generate income and growth over time.
The three major ways to save for retirement are:
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Which of the following are clichés?
Answer:
2nd scentence
Explanation:
Why is the automobile industry considered an oligopoly?
It offers little differentiation within the market.
It has significant barriers to entry.
It is controlled by companies that patent key technology.
It relies on price variation to attract customers.
It depends on brand loyalty and image to generate sales.
It is dominated by a few key players.
The reasons that the automobile industry is an oligopoly in market economics are because of B. It has significant barriers to entry and F. It is dominated by a few key players.
An oligopoly is a market condition where the possibility of firms colluding with each other exists.Firms in this market are interdependent, especially with regards to pricing.
Oligopolistic firms differentiate their products, and they have few producers.There are barriers to entry.
Thus, an oligopoly limits entries to a few key players who dominate the market.
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Answer:
B: It has significant barriers to entry.
E: It depends on brand loyalty and image to generate sales.
F: It is dominated by a few key players.
Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer
You want to accumulate $3,000,000 for your retirement in 40 years. What annual interest rate must you earn if you deposit $1,000 per year each year until retirement?
If people deposit $1,000 year until retirement, you must earn an interest rate of 16.8454 each year.
Why does interest mean?You pay interest on any loans or long - term loans of money. the percentage that lenders use to calculate interest when calculating anything like a loan amount. Customers can earn interest either providing finance (via a mortgage or deposit certificate, for example), or by making a deposit into a bank account that pays interest.
Rate = Annual Interest Rate (nper,pmt,pv,fv)
Interest Rate Annual = RATE (40,-1000,0,3000000)
Given that the annual interest rate is 16.85%, the annual interest rate is 16.8454.
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Tom is the CEO of a jewelry business based in Boston. He needs to send a parcel of 200 diamonds as quickly as possible to a partner in Canada. What mode of transport should he use?
A.
road
B.
sea
C.
air
D.
rail
E.
rail and road
The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.
If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.
What is a customer service technique?
A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.
What are three important technique of customer service?
Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.
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Answer:
The collection of interactions a company has with a customer who has already purchased a product is
called
✔ customer service
.
When dealing with customers face-to-face, a good customer service technique is
to
✔ maintain eye contact
.
When speaking with customers over the phone, it is important to be aware of
✔ tone of voice
because it can change the meaning of what is said.
Actually got it right.
Have a good one!
Which sentence indicates that Roger's company, Fine Jewelry, follows a subscription business model? Roger's company, Fine Jewelry, sells customized jewelry. The company designs earrings, watches, and necklaces based on customer preferences, It charges a monthly fee for this service. Customers get a new plece of Jewelry every three months.
Answer:
Its "Customers get a new piece of jewelry every three months.
Explanation:
The first option, never tells what the customer gets in return.
Sorry this answer is two weeks late. Happy Thanks Giving!