Hakara Company has been using direct labor costs as the basis for assigning overhead to its many products. Under this allocation system, product A has been assigned overhead of $21.86 per unit, while product B has been assigned $13.35 per unit. Management feels that an ABC system will provide a more accurate allocation of the overhead costs and has collected the following cost pool and cost driver information:
Cost Pools Activity Costs Cost Drivers Activity Driver Consumption
Machine setup $360,000 Setup hours 4,000
Materials handling 85,000 Pounds of materials 17,000
Electric power 50,000 Kilowatt-hours 25,000
The following cost information pertains to the production of A and B, just two of Hakara's many products:
A B
Number of units produced 4,000 10,000
Direct materials cost $39,000 $38,000
Direct labor cost $22,000 $27,000
Number of setup hours 100 200
Pounds of materials used 2,000 2,000
Kilowatt-hours 2,000 4,000
Required:
Use activity-based costing to determine a unit cost for each product.
Answers
Answer:
Unitary cost A= $21
Unitary cost B= $10.1
Explanation:
First, we need to calculate the predetermined overhead rate for each activity:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine setup= 360,000/4,000= $90 per setup hour
Materials handling= 85,000/17,000= $5 per pound
Electric power= 50,000/25,000= $2 per killowat
Now, we can allocate overhead to each product:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Product A:
Machine setup= 90*100= $9,000
Materials handling= 5*2,000= $10,000
Electric power= 2*2,000= $4,000
Total= $23,000
Product B:
Machine setup= 90*200= $18,000
Materials handling= 5*2,000= $10,000
Electric power= 2*4,000= $8,000
Total= $36,000
Finally, the total cost and unitary cost:
Product A:
Total cost= 39,000 + 22,000 + 23,000= $84,000
Unitary cost= 84,000/4,000= $21
Product B:
Total cost= 38,000 + 27,000 + 36,000= $101,000
Unitary cost= 101,000/10,000= $10.1
Related Questions
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
Answers
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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2.
Which form of interest provides the greater return?
a. simple
b. compound
C. complex
d. fragment
Answers
If I travel to New York City from Boca Raton every weekend for 10 years, I am still considered a tourist in New York City.
Answers
Answer:
Yes
Explanation:
Yes, in any State or Country that you are not a permanent resident in you would be considered a tourist. In this scenario, you are a permanent resident of Boca Raton, Florida and only visiting New York City on weekends. Regardless of how frequent, since you are not a permanent resident and only travel on weekends to see the city or have fun then in the eyes of the law you are technically a tourist in the city.
The production of 0d submarines and 0a hospitals..
A) Increases the available resources
b) is productively efficient given the available resources
c) is productively impossible given the available resources
d) is productively ineffient given the available resources.
Answers
The production of 0d submarines and 0a hospitals is productively in effient given the available resources. The answer is OPTION D.
When a company isn't producing at its lowest possible cost per unit, it exhibits inefficient production. The average cost of production, or unit cost, is calculated by dividing all production costs by the quantity of units produced. An economy might produce a lot of boots with low manufacturing costs.
If they were all for the left foot, it would be allocatively inefficient because no one would profit from this. When a different resource allocation may boost output of any good by even one unit while maintaining the same level of other products, that resource allocation may be deemed inefficient.
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Who among the following is most likely to be working for a company that uses a competency-based pay plan?
Carlos, who focuses on obtaining certifications in her field to get a pay increase.
Answers
The correct option is D, The following is most likely to be working for a company that uses a competency-based pay plan among Carlos, who focuses on obtaining certifications in her field to get a pay increase.
Certifications are formal qualifications that validate an individual's skills and knowledge in a particular field. They are usually granted by professional organizations or certification bodies after an individual successfully completes an assessment process that may include an exam, practical test, or experience review. Certifications are essential for individuals seeking to advance their career or demonstrate their expertise in a particular area of specialization.
They serve as a benchmark for employers and customers to verify an individual's capabilities, knowledge, and experience. Certifications can be obtained in various fields, including healthcare, IT, finance, education, and construction. Some common certifications include the Certified Public Accountant (CPA), Certified Information Systems Security Professional (CISSP), Project Management Professional (PMP), and Certified Nursing Assistant (CNA).
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Complete Question: -
Who among the following is most likely to be working for a company that uses a competency-based pay plan?
a. Julia, who focuses on getting promoted to get a pay increase
b. Faiza, a manager, who focuses on choosing the employees best suited for job roles
c.Juan, a manager, who focuses on controlling costs through budgets and work assignments
d. Carlos, who focuses on obtaining certifications in her field to get a pay increase
Which economic system allows the most economic freedom for its citizens?
Answers
Answer:
highly capitalist system of economics
How can a court determine when a particular nickname for a branded product has entered into common use?
Answers
The night manager of Dixie Transportation Service, who had no accounting background, preparcd
the following balance sheet for the company at February 28, 2009.The dollar amounts were taken
directly from the company's accounting records and are correct. However, the balance shect con-tains a number of errors in its headings, format, and the classification of assets, liabilities, and owners equity.
Answers
To create an accurate and informative balance sheet, the night manager of Dixie Transportation Service should correct the headings, reformat the statement to present assets, liabilities, and owner's equity vertically, and classify the items correctly according to their nature and duration.
The provided balance sheet contains several errors in its headings, format, and classification of assets, liabilities, and owner's equity.
The balance sheet is a financial statement that reports a company's financial position at a specific point in time. However, the given balance sheet has a number of issues that need to be addressed.
Firstly, the balance sheet lacks proper headings, such as the company name, date, and the title "Balance Sheet." These headings are essential to provide context and clarity to the financial statement.
Secondly, the format of the balance sheet needs improvement. Assets, liabilities, and owner's equity should be presented in a vertical format, with assets listed first, followed by liabilities and owner's equity. The current presentation mixes these categories, making it difficult to distinguish between them.
Thirdly, the classification of assets, liabilities, and owner's equity is incorrect. The balance sheet fails to differentiate between current and non-current assets and liabilities.
Moreover, it does not provide separate categories for long-term liabilities and owner's equity components like common stock and retained earnings.
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Johnson sells $111,000 of product to Robbins, and also purchases $12,200 of advertising services from Robbins. The advertising services have a fair value of $9,100. Johnson should recognize total revenue to account for these events of: rev: 01_03_2020_QC_CS-190391 Multiple Choice $101,900 $98,800 $107,900 $111,000
Answers
Answer:
$107,900
Explanation:
Calculation for the amount of total revenue to account for these events
Sale $111,000
Less Difference in advertising fair value $3,100 (12,200-9,100)
Total Revenue $107,900
Therefore the amount of total revenue to account for these events will be $107,900
Does retail storage with customer pick up pose any risk for distribution network?
Answers
Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.
f Honduras is open to international trade in oranges without any restrictions, it will import
tons of oranges.
Suppose the Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers. A tariff of
$
per ton will achieve this.
A tariff set at this level would raise
$
in revenue for the Honduran government.
Answers
Suppose that Honduras is open to international trade in oranges without any restrictions, it will import an infinite amount of oranges. Therefore, the import of oranges can be limited through a tariff. The Honduran government wants to reduce imports to exactly 100 tons of oranges to help domestic producers.
A tariff of $720 per ton will achieve this. A tariff set at this level would raise $72,000 in revenue for the Honduran government.
Tariff: It is a tax imposed by a government on imported or exported goods. The main purpose of a tariff is to limit imports and protect domestic production and employment.
In this scenario, a tariff is imposed by the Honduran government to limit the import of oranges and help domestic producers. Therefore, if the tariff is set at $720 per ton, then it would reduce the imports of oranges to exactly 100 tons, which is the desired goal of the Honduran government.
Moreover, the tariff rate multiplied by the number of imports gives the amount of revenue raised by the Honduran government, which is $720 × 100 = $72,000. Thus, a tariff set at $720 per ton will raise $72,000 in revenue for the Honduran government.
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The amount you pay monthly, quarterly, semiannually or annually to purchase different types of insurance.
Answers
Answer:
the amount you pay for different types of insurance is called a premium.
its me guys I'm sorry I lied
Answers
a pregnant employee who violated several attendance rules due to her physical conditions. She is about to get fire by hr manager of the company.discuss what business ethics issues present on this situation. what can be done?
Answers
Answer:
answer is no
Explanation:
You cannot be fired for being pregnant under most circumstances.employers from terminating employees due to pregnancy and pregnancy-related conditions
Forten Company, a merchandiser, recently completed its calendar-year 2015 operations. For the year, (1) all sales are credit sales, (2) all credits to Accounts Receivable reflect cash receipts from customers, (3) all purchases of inventory are on credit, (4) all debits to Accounts Payable reflect cash payments for inventory, and (5) Other Expenses are paid in advance and are initially debited to Prepaid Expenses. The company’s income statement and balance sheets follow.
FORTEN COMPANY
Comparative Balance Sheets
December 31, 2015 and 2014
2015 2014
Assets
Cash $ 49,800 $73,500
Accounts receivable 65,810 50,625
Inventory 275,656 251,800
Prepaid expenses 1,250 1,875
Total current assets 392,516 377,800
Equipment 157,500 108,000
Accum. depreciation—Equipment (36,625) (46,000)
Total assets $ 513,391 $439,800
Liabilities and Equity
Accounts payable $ 53,141 $114,675
Short-term notes payable 10,000 6,000
Total current liabilities 63,141 120,675
Long-term notes payable 65,000 48,750
Total liabilities 128,141 169,425
Equity
Common stock, $5 par value 162,750 150,250
Paid-in capital in excess of 37,500 0
par, common stock
Retained earnings 185,000 120,125
Total liabilities and equity $ 513,391 $439,800
FORTEN COMPANY
Income Statement
For Year Ended December 31, 2015
Sales $ 582,500
Cost of goods sold 285,000
Gross profit 297,500
Operating expenses
Depreciation expense $ 20,750
Other expenses 132,400 153,150
Other gains (losses)
Loss on sale of equipment (5,125)
Income before taxes 139,225
Income taxes expense 24,250
Net income $ 114,975
Additional Information on Year 2015 Transactions
a. The loss on the cash sale of equipment was $5,125 (details in b).
b. Sold equipment costing $46,875, with accumulated depreciation of $30,125, for $11,625 cash.
c. Purchased equipment costing $96,375 by paying $30,000 cash and signing a long-term note payable for the balance.
d. Borrowed $4,000 cash by signing a short-term note payable.
e. Paid $50,125 cash to reduce the long-term notes payable.
f. Issued 2,500 shares of common stock for $20 cash per share.
g. Declared and paid cash dividends of $50,100.
Required:
1. Prepare a complete statement of cash flows; report its operating activities using the indirect method.
Answers
Answer:
Cash flow Statement for the year ended 31 December 2015
Cash Flow from Operating Activities
Net income before Interest and tax $ 139,225
Non -Cash items :
Loss on Sale of Equipment ($46,875 - $30,125 - $11,625) $5,125
Depreciation expense $ 20,750
Changes In Working Capital :
Increase in Short term note payable $4,000
Increase in Accounts receivable ($15,185)
Increase in Inventory ($23,856)
Decrease in Prepaid expenses $625
Decrease in Accounts payable ($61,534)
Income taxes expense ($24,250)
Net Cash Flow from Operating Activities $44,900
Cash Flow from Investing Activities
Purchase of Equipment ($30,000)
Proceeds from Sale of Equipment $11,625
Net Cash Flow from Investing Activities ($18,375)
Cash Flow from Financing Activities
Dividend Paid ($50,100)
Issued Shares ( 2,500 × $20) $50,000
Repayment of Notes Payable ($50,125)
Net Cash Flow from Investing Activities ($50225)
Movement in Cash and Cash Equivalents during the year ($23,700)
Cash and Cash Equivalents at Beginning of the Year $73,500
Cash and Cash Equivalents at the End of the Year $ 49,800
Explanation:
The Indirect method reconciles the Operating Profit during the year to Cash flows from Operating Activity by adjusting for the following items, (1) Non-cash items previously added or deducted from Operating Profit and (2) Changes in Working Capital items
BRAINLIEST
Which two factors must operations managers consider when choosing facilities?
O Access to markets and capacity
O Access to markets and planning
O Access to markets and access to materials
O Access to materials and planning
Answers
Answer:
the answer is c because I got it right ok
What type of information is NOT found on a consumer's credit report?
A)
bankruptcies or tax liens
B)
employment history
C)
current and past addresses
D)
personal medical information
Answers
The Reverend Petros receives an annual salary of 51,000 as full-time minister this includes 5000 designated as a rental allowance River and Pedro is not exempt from employment tax how much must he include figuring that income for self-employed tax
Answers
If the Reverend Petros receives an annual salary of 51,000 as full-time minister that includes 5000 designated as a rental allowance. The amount that must be include figuring that income for self-employed tax is : $51,000.
What is annual salary?Annual salary can be defined as the amount a person earn as salary per year.
On the other hand self employed tax can be defined as the tax a person that is solely working for his/her self without working for any other person remit to the government.
Therefore the amount that must be include figuring that income for self-employed tax is the amount of $51,000.
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A 2014 survey of 1,500 top managers, showed that only approximately _____% of companies achieved breakthrough innovation.
Group of answer choices
a. 10
b. 20
c. 15
d. 5
e. 2
Answers
Answer:
c
Explanation:
C
Explanation:
True or false if false please correct it
1- Cost Focus is a tool to scan external environments. (t/f)
2- Quality Standards application is a tool to continuous improvements.(t/f)
3- Cost focus is a way to differentiation.(t/f)
4- Strategic performance means strategic implementation.(t/f)
5- Strategy formulation means building strategic standards.(t/f)
6- Strategic plan should answer three questions?(t/f)
7- Divisional structure is to divide the company into functions.(t/f)
8- Lack of resources is one of the changes blocks.(t/f)
9- Organizational life cycle describes the organizational innovation.(t/f)
10- Matrix structure is a traditional method to build your company hierarchy.(t/f)
11- Differentiation focus is a tool to implement strategy.(t/f)
12- Financial strategy is a corporate level.(t/f)
13 Programs needs a balance sheet to be implemented.(t/f)
14- Strategic execution means strategic implementation.(t/f)
15- Procedures are required to implement the strategy.(t/f)
16- Strategic implementation needs simple structure.(t/f)
17- Divisional structure is to divide the company into matrix structure.(t/f)
18- Innovation is one of the changes blocks.(t/f)
19- Organizational life cycle describes the organizational performance.(t/f)
20- Network structure is a traditional method to build your company hierarchy.(t/f)
21- Functional strategy is a tool to implement strategy.(t/f)
22- Divisional structure is a business unit level.(t/f)
23- Programs needs procedures to be implemented.(t/f)
24- Strategic execution means strategic formulation.(t/f)
25- Change approval is a required to implement the strategic.(t/f)
26- Strategic implementation could need re-engineering.(t/f)
27- Divisional structure is to divide the company into decentralized units.(t/f)
28- Innovation is one of the changes blocks.(t/f)
29- Organizational life cycle describes the organizational performance. (t/f)
Answers
False. Cost Focus is a strategy that involves targeting a specific cost segment of the market, not a tool to scan external environments.
False. Quality Standards application is a tool to ensure consistent quality in processes and products, not specifically for continuous improvements.
False. Cost focus is a cost-based strategy and not a way to differentiation.
False. Strategic performance refers to the achievement of strategic objectives, while strategic implementation refers to the actions taken to execute a strategy.
False. Strategy formulation involves the development of strategies, not building strategic standards.
True. A strategic plan should typically answer three fundamental questions: where are we now, where do we want to go, and how do we get there.
False. Divisional structure is used to divide the company into divisions or business units based on products, geography, or other criteria, not functions.
True. Lack of resources can be one of the barriers or challenges in implementing changes.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational innovation.
False. Matrix structure is a more contemporary approach that combines functional and divisional structures, not a traditional hierarchy.
False. Differentiation focus is a strategy that involves targeting a specific market segment with differentiated products or services, not a tool to implement strategy.
False. Financial strategy can be part of the corporate level strategy, but it is not exclusively a corporate level strategy.
False. Programs do not necessarily require a balance sheet to be implemented. A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
True. Strategic execution and strategic implementation are often used interchangeably, referring to the process of putting a strategy into action.
True. Procedures or processes are necessary to implement a strategy effectively.
False. Strategic implementation can vary in complexity and may not always require a simple structure.
False. Divisional structure and matrix structure are different organizational structures and not synonymous.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle describes the stages of development and growth of an organization, not specifically organizational performance.
False. Network structure is a more contemporary approach that emphasizes collaboration and interconnectivity, not a traditional hierarchical structure.
True. Functional strategy can be a tool used to implement strategy at the functional level, aligning functional activities with overall strategic goals.
True. Divisional structure is typically implemented at the business unit level, dividing the organization based on divisions or business units.
True. Programs often require specific procedures or processes to be implemented effectively.
False. Strategic execution refers to the implementation of a strategy, not its formulation.
False. Change approval is not a requirement to implement a strategy. It may be necessary in certain cases, but it is not universally required.
True. Strategic implementation may require re-engineering or restructuring of processes and systems to align with the new strategy.
True. Divisional structure is designed to divide a company into decentralized units or divisions.
True. Innovation can be one of the barriers or challenges to change within an organization.
False. Organizational life cycle refers to the stages of development and growth of an organization, not specifically organizational performance.
What is Strategic Performance?Strategic performance refers to the measurement and evaluation of an organizations ability to achieve allure strategic objectives and aims. It involves assessing the depiction of various factors, to a degree operational efficiency, economic outcomes, customer delight, and employee engagement, to decide the extent to which the arrangement is successfully implementing allure strategic plans.
Strategic performance is approximately linked to an organization's overall game plan and long-term vision. It focuses on weighing the progress and effectiveness of strategic push's and determining whether they are superior to desired outcomes.
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i. Accrued service revenue Birr bu ii. depreciation birr 300 iii. accrued salary expense birr 800 iv. prepaid rent expired birr 500 v. supplies used birr 100 Requirements a) Journalize and post adjusting entries b) Prepare adjusted tribal balance c) Prepare financial statement d) Journalize closing entries e) Preparing post closing trial balance
Answers
The Following are required Journalize and post adjusting entries.
Debit Credit
Accrued Service Revenue A/cTo Service Revenue A/c
Depreciation A/c 300To Machinery A/c 300
Salary A/c 800To Salary Payable 800
Rent 500To Prepaid Rent 500
Supplies A/c 100To Payable 100
How do you record accrued service revenue?Accrued revenue is reported on a company's financial statements as an adjusting journal entry under current assets on the balance sheets and as a financial result and capital on the income statement. When the payment is made, it is recorded in the asset account as an adjusting entry for accrued revenue.
Thus, the mentioned above are required Journalize.
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a business is a step into the unknown, discuss critically it's risks and uncertainties.
Answers
Explanation:
Risks and uncertainties are inherent in every business. When starting a new venture, there must be studies and research involved to assess the viability of the business, the risks, the return on investment, the potential audience, etc.
Strategic planning is a necessary tool for any business, regardless of size or structure, through planning the company develops its identity, its strengths and weaknesses, defines the action plan to achieve its objectives and goals, etc., which helps the business to be more viable and structured to reduce risks and negative externalities.
Issuing Stock for Assets Other Than Cash On April 5, Fenning Corporation, a wholesaler of hydraulic lifts, acquired land in exchange for 30,000 shares of $80 par common stock valued at $112 per share. Journalize the entry to record the transaction. For a compound transaction, if an amount box does not require an entry, leave it blank.
Answers
Answer:
April 5
Dr Land 3,360,000
Cr Common stock 2,400,000
Cr Paid in capital in excess of par Common stock 960,000
Explanation:
Prepare of the journal entry to record the transaction.
April 5
Dr Land 3,360,000
(30,000 shares x $112)
Cr Common stock 2,400,000
(30,000 shares x $80)
Cr Paid in capital in excess of par Common stock 960,000
[30,000 shares x ($112-$80)]
(30,000 shares x $32)
The W-4 tax form is used to ___________.
Answers
Answer:
Employees fill out a W-4 form to let employers know how much tax to withhold from their paycheck based on filing status, dependents, anticipated tax credits and deductions, etc. If you don't fill it out correctly, you may end up owing taxes when you file your return.
Explanation:
The form of W-4 tax is used to report to the employers about how much amount he/ she has to retained from his/her remuneration or paycheck.
What is a tax return?A tax return is a document being filed by all the taxpayers to the tax authorities on yearly basis. They have to specify all the details of their incomes earned in a year in that form.
W-4 tax form is one of the being submitted by the employee stating all the details of their incomes, applicable exemptions, credits, etc. to the employer. This should be done to inform the employer about what amount he/she has to withheld from their final monthly paycheck. In case the employee fails to file the form on time, then he/she has to give more taxes.
Therefore, the W-4 tax form is actually the withholding certificate filed by the employee to the employer.
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year.
Answers
There were approximately 8.17 billion cell phone subscribers in the world in 2019
To calculate the number of cell phone subscribers in the world in 2019, we need to find the total increase in the number of subscribers over the five-year period, and add it to the initial number of subscribers in 2014.
First, let's calculate the increase in the number of subscribers each year:
Year 1: 7 billion x 0.03 = 210 million
Year 2: (7 billion + 210 million) x 0.03 = 221.7 million
Year 3: (7 billion + 210 million + 221.7 million) x 0.03 = 233.51 million
Year 4: (7 billion + 210 million + 221.7 million + 233.51 million) x 0.03 = 245.85 million
Year 5: (7 billion + 210 million + 221.7 million + 233.51 million + 245.85 million) x 0.03 = 258.76 million
Now we can add up the total increase over the five-year period:
210 million + 221.7 million + 233.51 million + 245.85 million + 258.76 million = 1.16982 billion
Finally, we can add this total to the initial number of subscribers in 2014:
7 billion + 1.16982 billion = 8.16982 billion
Therefore, there were approximately 8.17 billion cell phone subscribers in the world in 2019
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Full Question: "In 2014, there were about 7 billion cell phone subscribers in the world. During the next 5 years, the number of cell phone subscribers increased by about 3% each year. How many cell phone subscribers were there in the world in 2019?"
The two main types of implicit opportunity costs are: forgone wages and forgone interest. bills paid and forgone wages. earned wages and earned interest. bills paid and revenue forgone.
Answers
explain ten importance of studying constitutional law. 200words
Answers
Answer:
Studying constitutional law is important for understanding the fundamental principles by which a government exercises its authority. It is important for understanding how the different branches of government interact and how citizens’ rights and freedoms are protected. Constitutional law is also important for understanding the structure of a government, including the relationship between the central government and state, provincial, or territorial governments in federal countries. Constitutional law is also important for understanding the development of a nation and its legal system. It helps to explain why certain laws exist and how they have evolved over time. It can also provide insight into the history and culture of a nation. Constitutional law is also important for understanding how the government can be held accountable. It helps to ensure that the government does not overstep its authority and that its actions are in line with the principles of the constitution. Constitutional law is also important for understanding how to interpret and apply the law. It can provide guidance on how to interpret the constitution and how to apply legal principles to new and emerging situations. Finally, studying constitutional law is important for understanding the role of the judiciary in the legal system. It can provide insight into how judges interpret the constitution and how they make decisions. It can also provide
Explanation:
Explain why it is important for entrepreneurs to talk with industry experts when
developing new business concepts(10 Marks)
Answers
Answer:
Find the explanation below.
Explanation:
It is important for entrepreneurs to talk with industry experts when developing new business concepts because they provide valuable information on the intricacies required to be successful in the business. The industry experts have acquired enough experience that makes it possible for them to provide advice on the;
1. right tools and technologies that would guarantee smoother business
2. the legal standards that must never be compromised
3. logistics management that is cost-effective, as well as,
4. trending and profitable industry procedures.
It is only normal that people with more and vast experience in a field would have valuable information that would prove useful to start-ups. Associating with such people would result in better business decision-making.
Consider the following BPMN diagram:
Answers
If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.
An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.
The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.
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