Pelicans Ice is a snow cone stand near the local park. To plan for the future, it wants to determine its cost behavior patterns. It has the following information available about its operating costs and the number of snow cones served. Month Number of snow cones Total operating costsJanuary 6400 5980 February 7000 6400March 4000 4000April 6900 6330May 9000 8000June 7250 6575Using the high-low method, the monthly operating costs if Pelicans sells 12,000 snow cones in a month are:__________. A. $9,600 B. $21,000 C. $800 D. $10,400

When there is a fall in the price of the gallon of milk, the most possible cause among all the given causes is that “a discovery that milk causes diabetes”. Hence, Option A is correct.

Both terms have the same meaning: it is a period in which the price of a commodity or any product falls in comparison to other products on the market, which can be its substitute or complement, or it can also be a competitive product.

There were reasons why the price of any product fell. Sometimes, the supply of any product in the market is in abundance. In that case, the price of any product will fall.

When it comes to the price fall of a gallon of milk, it is because people who consume milk find that the main reason or one of the reasons for diabetes is milk.

Thus, Option A is correct.

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Answer:

my needs

Explanation:

because I can not live without needs

I should first finance my needs, as a person cannot live without his or her needs. Thus, the correct answer is option a.

The process of raising funds or capital for any type of expenditure is known as finance. Consumers, businesses, and governments frequently lack the funds necessary to make expenditures, pay debts, or complete other transactions, and must borrow or sell equity to conduct their operations.

Savings and investments accumulate funds that, if put to productive use, could earn interest or dividends.

Finance is the process of channeling these funds, whether in the form of credit, loans, or invested capital, to those economic entities that need them the most or can put them to the best use.

Therefore, I should finance my needs first.

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To be a high-performance team, a team should practice good communication along with proper feedback and be a great leader. Thus the correct option is E.

When a group of people is structured and officially come together to achive a common objective by playing individual roles it is considered as a team.

A team is said to be high-performance when there is good communication established between them which helps them to exchange ideas, share views, and to resolve conflicts.

Good communication helps them to engage effectively and receive feedback from team members which helps them in bringing improvement and achieving growth.

A team should have a good leader who helps to provide appropriate direction and guidance whenever it is needed and encourage team members to gain skills.

Therefore, option E is appropriate.

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Answer:

Employee Benefits

Explanation:

A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.

Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.

Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).

Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?

When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.

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The journal and adjusting entries for the investment in Sonny, Inc. for Year 1 are given.

Journal Entries

Date Account Debit Credit

June 15 Investment in Sonny, Inc. $7,500 Cash $7,500

September 15 Cash $200 Dividend Revenue $200

December 31 Investment in Sonny, Inc. $2,500 Unrealized Gain on Investments $2,500

Adjusting Entries

Date Account Debit Credit

December 31 Investment in Sonny, Inc. $1,500 Income Tax Expense $1,500

To record the unrealized gain on investments as a temporary difference.

T-Accounts

Cash

Date Debit Credit Balance

1/1 $100,000

6/15 $7,500 $107,500

9/15 $200 $107,300

12/31 $1,500 $105,800

Investment in Sonny, Inc.

Date Debit Credit Balance

6/15 $7,500 $7,500

9/15 $0 $7,500

12/31 $2,500 $10,000

Unrealized Gain on Investments

Date Debit Credit Balance

12/31 $2,500 $2,500

Income Tax Expense

Date Debit Credit Balance

12/31 $1,500 $1,500

Year 2

February 17 Cash $11,500 Loss on Sale of Investments $500 Investment in Sonny, Inc. $12,000

To record the sale of the investment in Sonny, Inc.

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This element ensures that the goal can be achieved realistically by analyzing the available resources, skillsets, and knowledge. The goal doesn't mention any factors related to achievability or practicality. Therefore, it is missing the achievable element. The correct option is d.

SMART is an acronym for Specific, Measurable, Achievable, Relevant, and Time-bound. These are the five elements that are required for a successful goal. Let's have a brief idea about the 5 elements of SMART goals:

Missing SMART element:Achievable is the missing SMART element from the goal "You must stock 20 boxes of product onto the store shelves."This element ensures that the goal can be achieved realistically by analyzing the available resources, skillsets, and knowledge. In this scenario, the goal doesn't mention any factors related to achievability or practicality. Therefore, it is missing the achievable element. The correct option is d.

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The importance of constitutional law to Ghana's development is it establishes the structure, procedures, powers and duties of the government, structure of the judiciary and legislature, and spells out the fundamental rights and duties of citizens.

It is body of law based on a ratified constitution or similar formative charter dealing with the fundamental principles by which a government exercises its authority. The the body of rules, doctrines, and practices that govern the operation of political communities is known as constitutional law.

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The income tax expense is $120k

The DTA year-end balance is $10k

The DTL year-end balance is $40k

The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.

1. To calculate the income tax expense, we need to first calculate the taxable income.

Taxable Income = $400k

Tax rate = 30%

Income tax expense = Taxable Income * Tax rate

Income tax expense = $400k * 30% = $120k

2. The DTA (Deferred Tax Asset) year-end balance can be calculated as follows:

Beginning Balance DTA = $10k

Future deductible amounts = $50k

Origination amount for the deductible amount = $50k * 30% = $15k

Reversing amount for the deductible amount = $15k

DTA year-end balance = Beginning Balance DTA + Origination amount - Reversing amount

DTA year-end balance = $10k + $15k - $15k = $10k

3. The DTL (Deferred Tax Liability) year-end balance can be calculated as follows:

Beginning Balance DTL = $40k

Future taxable amounts = $30k

Origination amount for the taxable amount = $30k * 30% = $9k

Reversing amount for the taxable amount = $9k

DTL year-end balance = Beginning Balance DTL + Origination amount - Reversing amount

DTL year-end balance = $40k + $9k - $9k = $40k

4. The originating/reversing amount for the future taxable amount and the future deductible amount of the current year have already been calculated in questions 2 and 3. The origination amount for the future taxable amount is $9k, and the reversing amount is also $9k. The origination amount for the future deductible amount is $15k, and the reversing amount is also $15k.

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The financial statement effects template records Lowe's purchases for the fiscal year ended February 28, 2019 as follows:

Transaction        Assets                       =   Liabilities   +   Equity

Purchases          $0       +   $49,569    =   $49,569     +    $0

                          Inventory                         Accounts Payable

The accounts equally affected by the purchases on account are the Inventory and the Accounts Payable.

Data Analysis:

Merchandise Inventory $49,569 Accounts Payable $49,569

Thus, with the purchases of merchandise during the fiscal year at a cost of $49,569, the Assets (inventory) and Liabilities (accounts payable) are increased by the same amount.

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Answer:

Rainbow Company

The percentage depreciation Rainbow will use is:

= 40%

Explanation:

a) Data and Calculations:

Purchase (list) price =   $31,000

Cash discounts =            (3,000)

Additional interior cost   5,000

Net purchase price = $33,000

Salvage value =             (5,000)

Depreciable amount = 28,000

Estimated useful life = 5 years

Double-declining-balance method of depreciation:

Depreciation rate = 100/5 * 2 = 40%

Estimated usage for the car = 140,000 miles

Annual usage:

Year 1 = 20,000

Year 2 = 30,000

Year 3 = 40,000

Year 4 = 30,000

Year 5 = 20,000

January 1, 2026 sales proceeds = $6,000

Answer:

D

Explanation:

Insurance is used too help pay for major expenses, so D should be the correct answer.

People purchase insurance policies because they can't be able to reimburse for major charges without insurance.

Option D is the correct answer.

An insurance policy is a contract between the policyholder and the insurance company to provide indemnification from the risk as specified in the policy.

After purchasing insurance policies, an individual can easily pay for huge expenses which are not in their budget. In this, the money is paid by the insurance company and the individual pays premiums for that.

Therefore, the acquisition of insurance policies by the people for making payments for huge expenses.

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A. The annual rate of economic growth will equals to 7%.

B. The production capacity will fall short of 10%.

If this economy moves from point A to point B over a 10-year period, its annual rate of economic growth will be as follows:

Rate of growth = (70/ years to double). The economy moves from point a to point b over a 10-year period, then, the rate of growth:

= 70/10

= 7%

If the economy was at point C at the end of the 10-year period, the percentage that it fall short of its production capacity will be as computed below:

Given that the Actual production is at point c, $18 billion, short of production capacity, the fall short is computed as follows:

= (amount short/ $20 billion)

= $2/20

= 10%

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Answer:

The correct answers are:

1) People face trade-offs

2) The cost of something is what you give up to get it

3) Rational people think at the margin

4) People respond to incentives

5) Trade can make everyone better off

6) Markets are usually a good way to organize economic activity

7) Governments can sometimes improve market outcomes

8) A country's standard of living depends on its ability to produce goods and services

9) Prices rise when the government prints too much money

10) Society faces a short-run tradeoff between Inflation and unemployment.

Explanation:

To begin with, those ten principles of economics were first introduce by Gregory Mankiw in the book he wrote name Principles of Economics and he devided the principles in sections in where he organized the way everything was connected. Therefore that there are three major headlines of that are: How people make decisions; How people interact with each other; and the forces and trends that affect how the economy as a whole works.  

If the ROIC is less than the WACC, it means that the company is not generating sufficient returns on its invested capital, and is effectively destroying value for its shareholders.

In some industries, such as manufacturing or retail, larger companies may benefit from economies of scale, which can lead to higher ROIC. In other industries, such as technology or biotech, smaller companies may have a competitive advantage due to greater flexibility and innovation, which can also lead to higher ROIC.

However, there is no clear or consistent relationship between ROIC and company size, and other factors such as industry structure and competitive position may play a more significant role in determining a company's ROIC.

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Businesses do not operate separately from society as a whole. In fact, businesses are an integral part of society and their operations can have significant impacts on various aspects of society, including the economy, the environment, and social issues.

Firstly, businesses are a key contributor to the economy of a society. They generate income, create jobs, and drive innovation, which in turn fuels economic growth and development. The success of businesses is closely tied to the health and well-being of the economy, and vice versa.

Secondly, businesses can have significant impacts on the environment. Their operations can result in pollution, depletion of natural resources, and other negative environmental effects. As such, businesses have a responsibility to operate in a sustainable manner, reducing their environmental impact and promoting sustainable practices.

Thirdly, businesses can also have an impact on social issues such as inequality, discrimination, and human rights. For example, businesses may choose to operate in a way that promotes diversity and inclusivity, or they may take steps to ensure that their operations do not contribute to human rights abuses or other negative social impacts.

In conclusion, businesses are an important part of society and their operations are closely interconnected with various aspects of society. As such, businesses have a responsibility to operate in a way that takes into account their impact on society as a whole, including the economy, the environment, and social issues. This is why many businesses are increasingly adopting corporate social responsibility (CSR) policies and practices, which aim to ensure that their operations are sustainable, socially responsible, and contribute positively to society.

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Answer: d. national saving.

Explanation:

In a closed economy, GDP is calculated by adding Consumption, Investment and Government purchases. The investment in this instance can be thought of as National Saving.

National saving is the difference between the income in the country and the consumption and government purchases. It represent what households and the government save up from their income sources which can be used for investment.

The knowledge of consumer behavior is extremely important to the marketer in order to provide the customers with best possible products and earning profit for himself sideways.

CONSUMER BEHAVIOR is the study of consumers and the processes they use to select the product. It particularly deals with the psychological of the customer i.e., What the think? What they want? What are the trends they are interested in? At what price do they feel comfortable? And so on.

When the marketer understands the mental state of the consumer then he/she becomes fit to earn and compete with his fellow marketers. This enables him to provide the customers with the products of their choice at reasonable prices. This is how he sustains in market and earns profit.

Example: a marketer understands that customers are attracted by discounts. So he would increase the actual cost of product and increase the discount price. The selling price is not changed but since the customer thinks he is getting more discount, he is attracted.

Consumer Behavior is of great significance to marketers because it helps them to survive in the industry. It helps them to analyze business trends and helps to keep up with their competitors. It also helps to retain their customers.

Consumer buying behavior refers to the analysis of consumers' actions when selecting whether to get a good that meets their needs. it's an investigation into how customers behave and what motivates them to purchase and use particular goods.

The study of consumer purchasing behavior is crucial for marketers because it helps them comprehend what customers anticipate from them. Understanding what prompts a consumer to get a product is useful.

The importance of consumer behavior to marketers is discussed below:

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Answer: Net cash used/ spent was $193,000

Explanation:

Cash from Financing activities involves cash transactions in relation to Equity (including dividends paid) and long term debt as these are the chief providers of cash to finance the business.

Cash from financing activities is:

= Issuance of common stock - Dividend - Settlement of Note payable - Treasury stock purchase

= 73,000 - 18,000 - 130,000 - 118,000

= -$193,000

Answer:

Royal Decking

A) Per unit value for each of Royal Decking's products, applying LCNRV:

Product   Cost   Sales Price   NRV                          LCNRV

A              $40      $60           $44 ($60 - 12 - 4)      $40

B                80       100           $72 ($100 - 20 - 8)    $72

C                40        80           $60 ($80 - 16 - 4)       $40

D               100      130           $84 ($130 - 26 - 10)   $84

E                 20       30           $22 ($30 - 6 - 2)       $20

B. Total Inventory on the balance sheet is:

$256,000

Explanation:

a) Data and Calculations:

Ending Inventory at December 31, 2021:

Product   Cost   Sales Price   NRV                          LCNRV  Inventory value

A              $40      $60           $44 ($60 - 12 - 4)      $40          $40,000

B                80       100           $72 ($100 - 20 - 8)    $72          $72,000  

C                40        80           $60 ($80 - 16 - 4)       $40          $40,000

D               100      130           $84 ($130 - 26 - 10)   $84           $84,000

E                 20       30           $22 ($30 - 6 - 2)       $20          $20,000

Total inventory value                                           $256       $256,000

= ($256 * 1,000)

Selling costs = 20% of selling price

Shipping costs = 10% of cost

Answer:

Explanation:

To get the NRV we should proceed with this formula.

Selling price ($60)x(20%) = 12.

60-12 = 48

Cost ($40)x(10%) = 4.

40-4 = 36

Then we do this.

48 + 36 = 84

Then we subtract this number from the original cost number.

84 - 40 = 44

So the NRV of A is 44.

I am not a professor but this is the way I can teach and using this method I got my question correctly. Do the rest yourself following this example.

At its most fundamental level, management is comprised of the five general duties of organizing, staffing, leading, and managing.

Business Management: The term "business management" refers to the control of business operations. Business managers oversee daily operations and encourage maximum productivity from their staff. A manager can aid a corporation in achieving its operational and financial goals by supervising or training new staff.

A business manager is in charge of managing an organization's operations and workforce. They carry out a range of activities, such as implementing business strategy, assessing business performance, and managing people, to guarantee the efficiency and effectiveness of the company.

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Answer:

$9,166,666.67

Explanation:

The computation of the enterprise value is given below

But before that next year free cash flow is

= (Earnings before interest and taxes (EBIT) × (1 - tax rate) ) +depreciation -capital expenditures - working capital

=$1,000,000  × (1 - 40%)) +$300,000 - $300,000 - $50,000

= $550,000

Now the enterprise value is  

= Free cash flow  ÷ (WACC - growth rate)

= $550,000 ÷ (10% - 4%)

= $9,166,666.67

Answer:

Examples:

• accomplished

• designed

• initiated

• supervised

• addressed

• corresponded

• persuaded

• publicized

• reconciled

• executed

• monitored

• operated

• consolidated

• appointed

• delegated

• established

Explanation:

Action verbs: One type of power word is an action verb. This kind of verb shows your ability to succeed. These words demonstrate the skills you have used in previous jobs to achieve success. I added in some more because I'm extra.

Hope this helps. :)

Action verb describes motion, which includes running, jumping, kicking, beating, breaking, crying, smiling, or thinking.

Action verbs are additionally referred to as bendy actions, explicit motions whether not bodily or mental. The verb describes what the sentence maker is doing.

So are a few examples of the action verbs are:

Thus, action verbs are good to include in your resume as well, this makes your skills stand out.

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If the Superior Company accepts the special order, monthly profits will increase by $2,500.

To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.

Contribution margin per unit = Selling price per unit - Variable costs per unit

= $15 - ($2.50 + $3.00 + $0.50 + $1.50)

= $7.50

The contribution margin ratio is 50% ($7.50 / $15).

The fixed costs are $4.25 + $2.00 = $6.25 per unit.

If the company accepts the special order, it will produce and sell an additional 2,000 units.

Total contribution margin from the special order:

= 2,000 units x $7.50 per unit

= $15,000

Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:

Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs

= $15,000 - ($6.25 x 2,000)

= $2,500.

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Answer:

Correct option : Multiple companies merged into single companies, which could have monopolies and set prices as they liked.

Explanation:

Corporations and companies deal with the problem posed by competition when two or more companies come together and merged into a single companies, which could have monopolies in which they set their own prices as they liked which inturn lead to NO COMPETITORS and inturn enables this single companies to deal with all the problems that is been posed by competition in the market reason been that the products or goods sold by this merged single companies or single firms are unique and different from others goods sold in the market by other company.

Example Company X, Y and Z may decide to merged into a single companies in which after merging they went into production of a unique products like Designer wears which means that this single merged companies can set prices for this unique designer wears as they like by either selling it at $300,$400,$500 or even at lesser price or more higher price because they are the only producer of such unique designers wears which inturn will enable them to have a competitive advantage over other company in the market because they have NO COMPETITORS.

Answer:

Quantitative research is more preferred over qualitative research because it is more scientific, objective, fast, focused and acceptable. However, qualitative research is used when the researcher has no idea what to expect. It is used to define the problem or develop and approach to the problem.

Explanation: