Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer equipment at the end of each calendar quarter for the next 2 years. Williams is also signing a contract with a local high school that will purchase this equipment from Williams at a price of $89000 (U.S.) per quarter. What would Williams' profit or loss be over the life of the contract (8 quarters) if the "In US Dollar" exchange rate is $0.79 over the life of the contract

Answers

Answer 1

Answer:

$80,000

Explanation:

Given that at the end of each quarter, William corporation will purchase 100,000 Swiss francs worth of computer equipment for next 2 years. A local high school will still purchase this computer equipment at $89,000 each quarter for the next 2 years.

This means, we have the following:

Cost of purchase = 100,000 * number of quaters = 100,000 * 8 = 800,000

Convert to USD at an exchange rate of $0.79 = 800,000 * 0.79 = $632,000

Cost of purchase in USD = $632,000

Also, find the revenue generated after selling the computer equipments to the high school.

Revenue generated = $89,000 * number of quaters = $89,000 * 8 = $712,000

Williams' profit or loss would be calculated using the following:

Profit(loss) = Revenue generated - Cost of purchase

= $712,000 - $632,000

= $80,000

Since we have a positive value, Williams would make a profit of $80,000 through out the life of the contract.

Related Questions

You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.

PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior

DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility

Answers

The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.

Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.

As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.

Learn more about lieutenant, here:

https://brainly.com/question/30148992

#SPJ1

How can we avoid water pollution

Answers

We can avoid water pollution by keeping our water clean and trashless.

Answer:

Pick up litter and throw it away in a garbage can.Blow or sweep fertilizer back onto the grass if it gets onto paved areas. ...Mulch or compost grass or yard waste. ...Wash your car or outdoor equipment where it can flow to a gravel or grassed area instead of a street.Don't pour your motor oil down the storm drain.

hope it helps you

please mark me as brainlist

Which type of CRM technique is best for e-commerce companies?
A.
RFM analysis
B.
subscription model
C.
customer surveys
D.
clickstream analysis

Answers

Answer:

I think RFM analysis is best

Explanation:

As RFM analysis is based on customer purchase history, it's a powerful tool for eCommerce stores. Windsor circle reported significant success when using RFM for their retail customers: Eastwood increased their email marketing profits by 21% L'Occitane saw 25 times more revenue per email.

Answer:

The answer is D clickstream analysis!

Explanation:

Edmentum defines clickstream analysis as this: "Clickstream analysis is a type of web analytics that records browsing data. It also collects customer data by recording a user’s “clicking” data. Every time a user clicks an object, a link, or an image, companies gather data about the usage of their website. "

please pasagot ang
hirap kasi

Answers

Answer:

1)32/100×10000

=3200

2)13/100×10000

=1300

3)15/100×10000

=1500

4)3/100×10000

=300

5)4/100×10000

=400

6)12/100×10000

=1200

7)5/100×10000

=500

8)2/100×10000

=200

9)14/100×10000

=1400

the total amount is 3200+1300+1500×300+400+1200+500+200+1400

=10000

is this the way...I am sorry if it is wrong...was just giving it a try..

The use of planning techniques is an example of

Answers

Answer:

whats this a part of anyway

it help with essays & missions thats all i know

Explanation:

Why u think the porcentage of tax filers has most dramatically increased for the 65+ age group?

Answers

Answer:

The more people that retire, the more it increased.

Explanation:

Typically when people retire, they get their taxes filed. The percentage of the 65+ age group who have their taxes filed increases the more people who retire, then typically use tax filers.

Answer: The percentage of tax filers has most dramatically increased for the 65+ age group because

more people in the 65+ community are retiring and so, they are getting their taxes filed.

Good luck!

Account no. Account Description
101 Cash at bank
102 Accounts receivable
110 Office supplies
120 Office equipment and furniture
130 Motor vehicles (s)
201 Accounts payable
210 Bank loan
301 Share capital
401 Revenue
510 Rent expense
520 Electricity expense
530 Advertising expense (s)
540 Bank charges (s)
550 Interest expense (s)
560 Wages expense
Prepare journal entries for the following
30/03-Entered into a contract for delivery of electric vehicle, at a cost of $20000 which is to be used for the business. The vehicle will be delivered in 2 weeks’ time. No cash payments have yet been made in relation to the contract.
30/3-Invoice received from the local nurseries association for advertising of $1,300. The invoice was paid by transfer from the business bank account

Answers

A bank Account Description is a type of financial account that is kept by a bank or other financial organisation and is used to record financial transactions between the bank and its clients.

What are the steps to opening a bank account?

To open an account, you must select a bank and give that bank the required documentation, such as identity and proof of address. Typically, in order to qualify, you must be at least 18 years old. To avoid fees, you may also need to fill the account or maintain a minimum level.

What is the account no?

When you open a bank account, you are given a specific set of digits called a bank account number. Such numbers will be assigned by financial organisations to every account you have.

To know more about bank Account Description visit :-

https://brainly.com/question/23429202

#SPJ1

Which of the following is true if you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels?

Answers

If you find a better rate on an external 3rd party channel within 24 hours of making a reservation through one of Marriott's direct channels, the Marriott’s Best Rate Guarantee policy comes into effect.

Marriott’s Best Rate Guarantee policy is a commitment to providing the lowest rate possible. If you find a lower rate within 24 hours of booking through one of Marriott’s direct channels, Marriott will match that rate and offer an additional discount of 25%.

This policy applies to any Marriott brand including Ritz-Carlton, St. Regis, Westin, Sheraton, Aloft, and othersYou need to first book your reservation through Marriott’s direct channels like Marriott.com, the Marriott Mobile app, Marriott Bonvoy app, the Marriott Reservation Center, or directly with the hotel.

After that, you should look for lower rates on other third-party websites. If you find a lower rate within 24 hours, contact Marriott’s Customer Care team, and they will match that rate plus an additional discount of 25%.The policy does come with some terms and conditions.

The lower rate you find on the third-party website must be for the same hotel, same room type, same dates, same number of guests, same currency, and with the same booking conditions. It also excludes rates that are only available to members of certain groups or organizations, package rates that include flights, car rentals, and other amenities, and rates that are not available to the general public

For more such question on policy visit:

https://brainly.com/question/6583917

#SPJ8

Select all the correct locations on the image.
On the tax bracket table, choose all the marginal tax rates that will apply to a single taxpayer with a taxable income of $75,000.

Answers

We can see from the chart that the tax rate, given a person with taxable income of $75000, will be 22%.

Taxable income is what?

A person's or an organization's taxable income is their gross income less any legal tax deductions. The amount of revenue an entity generates annually is what the government taxes. It can also be stated as the portion of income that is subject to income tax.

It may include all or a portion of the income, and it is reduced by other deductions and outgoings. Different sums are included as income, expenses, and other deductions depending on the nation and its system.

To know about taxable income visit:

https://brainly.com/question/17961582

#SPJ1

ESD wants to determine the best order size for 2x4x6 pressure treated pine lumber required for making custom cabinets. ESD's estimated annual demand, ordering cost and carrying cost are provided below. Round your answer to the nearest whole number. Annual Demand: 6,750 boards Cost per Order: $225 Carrying Cost: $4.25

Answers

Answer:

the economic order quantity is 845 units

Explanation:

The computation of the economic order quantity is shown below;

As we know that

Economic order quantity is

= √2 × √annual demand × √ordering cost ÷ √carrying cost

= (√2 × √6750 × √$225) ÷ (√4.25)

= √3,037,500 ÷ √4.25

= √7,14,705.88

= 845 units

Hence, the economic order quantity is 845 units

Identify legal business matters related to contracts and apply ethical standards to all business practices

Answers

Ethical standards are based on human rights and wrongs and legal standards are based on written law.

Legal standards are defined as a body of rules based on regulations passed by the government. The legislation and laws that solicitors quote are founded in the law. Legal restrictions are helpful because they outline what people are not permitted to do. Organizations create ethical standards to help members learn the distinction between good and evil and apply that knowledge to their decisions. The right to life, the freedom from harm, and the right to privacy are only a few examples of the rights that fall under the purview of ethical norms.

Learn more about Standard, here;

https://brainly.com/question/15287326

#SPJ1

1. A formal report that shows what an individual owns, what an individual owes, and the difference between the two.

Answers

Answer:

A net worth statement

Explanation:

A net worth statement is a financial report/ document that shows the assets and liabilities - both short and long-term - of an individual or company. The net worth is the result of deducting liabilities from assets.

The net worth statement paints a picture of a person or an entity's current financial position. Assets represent what a person owns, while liabilities are what they owe.

In 2010, the average cost of a house in France is 126,000 euros. In 2018, the average cost is 154,000 euros.Using the price of the average house for reference, the inflation rate of the Euro increased by a factor of __________ in eight years.

Answers

Answer: D.) 1.22

Explanation:

Price in 2010 = €126,000

Price in 2018 = €154,000

Increase = 154,000/126,000

= 1.22

Classic Limo, Inc., provides limousine service to Tri-Cities airport. The price of the service is fixed at a flat rate for each trip and most costs of the providing the service are stable for each trip. Marc Pence, the owner, budgets income by estimating two factors that fluctuate with the economy: the fuel cost associated with each trip and the number of customers who will take trips. Looking at next year, Marc develops the following estimates of contribution margin (price less variable cost of the trip, including fuel) and for the estimated number of customers. Although Marc understands that it is not strictly true, he assumes that the cost of fuel and the number of customers are independent. In addition to the costs of a ride, Marc estimates that other service costs are $50,000 plus $5 for each customer (ride) in excess of 6,000 rides. Annual administrative and marketing costs are estimated to be $25,000 plus 10 percent of the contribution margin.
Required:
Using the above information, construct an Excel spreadsheet to prepare an analysis of the possible operating income for Classic Limo, Inc., similar to that in Exhibit 13.15 on page 558 of the textbook. You must submit this part of the assignment as an Excel file and utilize formulas for all calculations. You will be graded on the answers provided, formulas/calculations, and presentation. If you would like feedback on this part of the assignment before submitting, please email your spreadsheet to me at least 48 hours prior to the due date.

Answers

Answer:

Poor $(14,250)

Fair $26,250

Excellent $87,000

Poor $6,000

Fair $60,000

Excellent $141,000

Poor $44,250

Fair $138,750

Excellent $280,500

Explanation:

Prepare of an analysis of the possible operating income for Classic Limo, Inc.,

Contribution MarginA Numbers of CustomersB Total Contribution MarginC=A*B Service costsD Marketing & AdminE=25,000+(C*10%) Operating Profit / (Loss)F=C-D-E

Poor $15* 4,500= $67,500- $50,000- $31,750 =$(14,250)

Fair $25 *4,500= $112,500 -$50,000 -$36,250 =$26,250

Excellent $40* 4,500=$180,000-$50,000-$43,000=$87,000

Poor $15*6,000=$90,000-$50,000-$34,000=$6,000

Fair $25*6,000=$150,000-$50,000-$40,000=$60,000

Excellent $40*6,000=$240,000-$50,000-$49,000=$141,000

Poor $15*10,500=$157,500-$72,500-$40,750=$44,250

Fair $25*10,500=$262,500-$72,500-$51,250=$138,750

Excellent $40*10,500=$420,000-$72,500-$67,000=$280,500

CALCULATION FOR SERVICE COST

Service costs=$50,000+($10,500-$6,000)*5

Service costs=$50,000+($4,500*5)

Service costs=$50,000+$22,500

Service costs=$72,500

CALCULATION FOR Marketing & AdminE=25,000+(C*10%)

$25,000+(Total Contribution margin *10%)

Poor $25,000+($67,500*10%)=$31,750

Fair $25,000+($112,500*10%)=$36,250

Excellent$25,000+($180,000*10%)=$43,000

Poor $25,000+($90,000*10%)=$34,000

Fair $25,000+($150,000*10%)=$40,000

Excellent $25,000+($240,000*10%)=$49,000

Poor $25,000+($157,500*10%)=$40,750

Fair $25,000+($262,500+10%)=$51,250

Excellent $25,000+($420,000*10%)=$67,000

Therefore the possible operating income for Classic Limo, Inc.,are

Poor $(14,250)

Fair $26,250

Excellent $87,000

Poor $6,000

Fair $60,000

Excellent $141,000

Poor $44,250

Fair $138,750

Excellent $280,500

The marketing manager of a national brand of flavored milk is considering her micro and macro environment in order to complete the situation analysis for this years marketing plan. She notes some key points. Small traders are not consistently affording appropriate fridge space to flavored milks. Energy drinks are continuing to hold favour in the teen market. Young adults aged 18-25 are more conservative than their slightly older cohort 25-35. UHT or long life milk has processed to the point where taste tests show little noticeable difference. Having long life milk means the product can stay longer in the fridge before having it replaced. The main benefit of this is to the firm which can reduce production and distribution costs. This benefit has been derived through which macro environmental factor?

Answers

Explanation:

there shall be consideration of people's culture religion or opinion there shall be full concern about the structure of that business

Barriers to effective communication and how to overcome

Answers

Answer:

Clarify the Ideas before Communication: ...

Communicate According to the Need of Receiver: ...

Consult others before Communicating: ...

Be aware of Language, Tone and Content of Message: ...

Convey Things of Help and Value to Listeners: ...

Ensure Proper Feedback: ...

Communicate for Present as well as Future: ...

Follow up Communications:

Explanation:

1. What is an organization?

Answers

an organized body of people with a particular purpose, especially a business, society, association, etc.

At the end of the year, a company has a $1,200 debit balance in Manufacturing Overhead. As a result, the company:a.makes an adjusting journal entry by debiting Manufacturing Overhead for $1,200 and crediting Manufacturing Overhead for $1,200. b.makes no adjusting journal entry because the difference between actual overhead and the amount applied are a normal part of job order costing and will average out over the next year. c.makes an adjusting journal entry by debiting Manufacturing Overhead Expense for $1,200 and crediting Manufacturing Overhead for $1,200. d.makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.

Answers

Answer:

d. makes an adjusting journal entry by debiting Cost of Goods Sold for $1,200 and crediting Manufacturing Overhead for $1,200.

Explanation:

The debit balance of $1,200 in the Manufacturing Overhead account represents under-applied overhead. To ensure that the Cost of Goods Sold is accurate, the debit balance is debited to the Cost of Goods Sold while the corresponding credit goes to the Manufacturing Overhead account.

Market research can help you strategize your _______ and _______ goals.

Primary research is more _______ than secondary research.

Your first marketing priority is to find out if you can _______ your product or services.

The grouping of people for marketing purposes is called _______.

Once you find out what people want, there’s a need to know the _______ for their choices.

Answers

Market research can help you strategize your business and marketing goals.

Primary research is more specific and tailored to your specific needs than secondary research.

Your first marketing priority is to find out if you can sell your product or services.

The grouping of people for marketing purposes is called segmentation.

Once you find out what people want, there's a need to know the motivations for their choices.

Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.

By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.

Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.

While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.

When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.

Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.

Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.

By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.

Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.

By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.

For more question on research visit:

https://brainly.com/question/20365163

#SPJ8

Onslow Co. purchased a used machine for $144,000 cash on January 2. On January 3, Onslow paid $10,000 to wire electricity to the machine and an additional $2,000 to secure it in place. The machine will be used for six years and have a $17,280 salvage value. Straight-line depreciation is used. On December 31, at the end of its fifth year in operations, it is disposed of
Required: 1. Prepare journal entries to record the machine's purchase and the costs to ready it for use.

Answers

Answer:

Dr Fixed asset $156,000

Cr Cash $156,000

Being entries to record the cost of the machine

Explanation:

The cost to wire electricity and secure the machine in place are part of the cost to make the machine available for use as such, these will be capitalized with the cost of purchase of the asset.

Capitalized cost of asset

= $144,000 + $10,000 + $2,000

= $156,000

During civil lawsuit, proceedings regarding alcohol, service courts will try to determine if the

Answers

During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the designated driver was present and remained sober.

How do courts determine the presence and sobriety?

During civil lawsuit proceedings involving alcohol service, courts aim to establish whether a designated driver was present and this determination is crucial in cases where establishments or individuals are being held accountable for over-serving alcohol to a patron who later caused harm or injury due to impaired driving.

The court may consider various forms of evidence such as witness testimonies, surveillance footage, receipts indicating non-alcoholic purchases or the designated driver's own account of their sobriety. It court may evaluate the credibility and reliability of the designated driver's actions and statements throughout the relevant time period.

Answers

The company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.

The company is planning to expand its production and get a total revenue of 37800/PKR at a fixed cost of 1000/- PKR and a variable cost of 1050/- PKR.

Currently, the company is producing 36 units, and the current price per unit is 1050 PKR/unit.

The total revenue for the current production will be 36 units × 1050 PKR/unit = 37800 PKR.

Since the total revenue is equal to the sum of fixed cost and variable cost, it implies that;

Total Revenue = Fixed Cost + Variable Cost

Multiplying both sides by the number of units gives;

Total Revenue × Number of Units = Fixed Cost × Number of Units + Variable Cost × Number of Units

Rearranging gives;

Variable Cost × Number of Units = Total Revenue × Number of Units

Fixed Cost × Number of Units

Substituting with values from the problem statement, we have;

Variable Cost × Number of Units = 37800 × Number of Units - 1000 × Number of Units

Variable Cost × Number of Units = (37800 - 1000) × Number of Units Variable Cost × Number of Units = 36800 × Number of Units

But the variable cost is given as 1050 PKR/unit.

Therefore, we can write;

1050 × Number of Units = 36800 × Number of Units

1050 = 36800

Since the price of production has depreciated by 2.13, the current price per unit is equal to;

1050/2.13 = 493 PKR/unit

For the company to make a profit, the total revenue must be greater than the total cost.

Therefore; Total Revenue > Fixed Cost + Variable Cost

Multiplying both sides by the number of units gives;

Total Revenue × Number of Units > Fixed Cost × Number of Units + Variable Cost × Number of Units

Substituting with values from the problem statement, we have;

37800 × Number of Units > 1000 × Number of Units + 1050 × Number of Units37800 > 2050 × Number

Units Solving for the number of units;

Number of Units < 37800/2050Number of Units < 18.44 units

Therefore, the company can only produce up to 18 units while staying in profit considering the appreciation in variable cost and the depression in price.

For such more question on Variable

https://brainly.com/question/28248724

#SPJ11

The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea over the same period it was 4.2%. Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country remain the same.

Compute the doubling time for France’s per capita real GDP.
Compute the doubling time for Korea’s per capita real GDP.
What will France’s per capita real GDP be in 2045?
What will Korea’s per capita real GDP be in 2045?

Answers

Answer:

Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. Assume the growth rates for each country remain the same. 1. Compute the doubling ... remain the same. 2. For Korea, the doubling time will be 72 ÷ 4.2 = 17.1years 3. ... Same with the above, there are 42yrs between 2003 and 2045.

Per capita real GDP was $28,900 in France in 2003, and $12,700 in Korea. We use the rule of 70. The doubling time for France’s per capita real GDP is 70/1.9 = 36.8 years, so France's GDP will double in 2040. Explanation:

QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers

Answers

Marketers need to focus on creating value for their customers. The Option D.

Why is creating value for customers crucial for marketers?

Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.

By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.

Answers

The elasticity of supply for televisions: 2. less elastic than supply in the market for televisions.

To calculate the elasticity of supply, we use the midpoint formula, which is given by:

Elasticity of Supply = (Percentage change in quantity supplied) / (Percentage change in price)

First, we need to calculate the percentage change in quantity supplied:

Change in quantity supplied = New quantity supplied - Initial quantity supplied

Change in quantity supplied for televisions = 800 - 1,000 = -200

Percentage change in quantity supplied = (Change in quantity supplied / Initial quantity supplied) * 100

Percentage change in quantity supplied for televisions = (-200 / 1,000) * 100 = -20%

Next, we calculate the percentage change in price:

Change in price = New price - Initial price

Change in price = $1,200 - $800 = $400

Percentage change in price = (Change in price / Initial price) * 100

Percentage change in price = ($400 / $800) * 100 = 50%

Now, we can calculate the elasticity of supply for televisions:

Elasticity of Supply = (-20% / 50%) = -0.4

The elasticity of supply for televisions is -0.4, it indicates that the supply of televisions is inelastic. This means that the quantity supplied of televisions is not very responsive to changes in price.

The answer is: 2. less elastic than supply in the market for televisions.

For more such questions on elasticity

https://brainly.com/question/29615048

#SPJ8

Complete question:

Consider two markets: the market for smartphones and the market for televisions. The initial equilibrium for both markets is the same, with an equilibrium price of $800 and an equilibrium quantity of 1,000. When the price increases to $1,200, the quantity supplied of smartphones is 1,500, and the quantity supplied of televisions is 800. For simplicity of analysis, assume that the demand for both goods is the same.

Using the midpoint formula, calculate the elasticity of supply for televisions. Please round to two decimal places.

Supply in the market for smartphones is

the same elasticity as supply in the market for televisions.less elastic than supply in the market for televisions.There is not enough information to tell which has a higher elasticity.more elastic than supply in the market for televisions.

If the price elasticity of demand for a product is 1 in absolute value, and the price elasticity of supply of the same product is 1, what is the predicted percent change in price from a 1 percent increase in demand?

Answers

Answer:

a 1% decrease in price

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of demand = percentage change in quantity demanded / percentage change in price

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

Unit elastic demand = percentage change in quantity demanded / percentage change in price = 1

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

It follows that if price increases by 1%, quantity demanded would fall by 1% since demand is unit elastic

Why might a project manager avoid using technical language when giving a presentation to clients?

Answers

Answer:

Forget that you’re up there not to promote how wonderful you are, but to provide value to the audience.

Lose focus of what the audience needs from you. One way: Before you start talking, ask, “What do you hope to learn/achieve from this meeting?”

Fail to set objectives. Even if you don’t share them with participants, know what you want to achieve.

Proceed without a plan (also known as an agenda). Whatever you call it, it’s a map for how your session is going to go.

Wing it. Preparation is everything. Unless you’re an improv master, you have to figure out what you’re going to do, in what order and for how long. And almost everyone needs to practice.

Jump from point to point in a disorganized way. See #4 and #6.

One of your clients asks you to add QuickBooks Online Payroll to their existing subscription.
Starting from here, where should you go to do this in QuickBooks Online Accountant?

- Open the client’s QuickBooks Online company and select Overview from the left-hand navigation. In the Company Setup section, select Add Payroll
- Select Billing and subscriptions from the dropdown in the Actions column, then subscribe the client to QuickBooks Online Payroll
- Go to the Gear icon and select Subscriptions and billing, then find the client and select Add Payroll from the Client actions dropdown
- Open the client’s QuickBooks Online company and select Add Payroll from Accountant Tools

Answers

It's important to note that QuickBooks Online Payroll offers a variety of plans, so I would need to choose the plan that best suits my client's needs and budget. To add QuickBooks Online Payroll to an existing subscription, you should go to option 1, hence option 1) is the answer.

Sure, I'd be happy to help. If one of my clients asks me to add QuickBooks Online Payroll to their existing subscription, I would follow these steps: 1. Firstly, I would navigate to the client's account and select Billing and subscriptions from the dropdown in the Actions column. 2. Then, I would subscribe the client to QuickBooks Online Payroll from there. 3. Once the subscription is added, I would open the client’s QuickBooks Online company and select Add Payroll from Accountant Tools. 4. Next, I would follow the prompts to set up payroll for the client. This would include entering the client's business and employee information, as well as setting up the payroll schedule and payment method. 5. After completing the setup process, the client would be able to run payroll and manage their employees' pay and benefits through QuickBooks Online Payroll. It's important to note that QuickBooks Online Payroll offers a variety of plans, so I would need to choose the plan that best suits my client's needs and budget. Additionally, if the client already has an existing payroll provider, I would need to work with them to ensure a smooth transition to QuickBooks Online Payroll. Therefore option 1) is correct.

For more such questions on Payroll

https://brainly.com/question/29792270

#SPJ11

Visits to national parks inspire people to plan another trip, to tell their friends, and often, to ask how they can help. We love that! . . . When you get involved, you help ensure that national parks and programs are relevant. Your ideas add strength to the work we do everyday to preserve special places and stories.

Which is the author’s purpose for writing this passage?

to inform
to persuade
to entertain
to reflect

Answers

Answer: To persuade

Explanation:

Answer:

is B

Explanation:edge 2021

explain, using a business example, why conflict may arise between two different business stakeholders

Answers

A typical business example of how conflict may arise between two different business stakeholders is when there are clash of interests. For instance, when the owners seek high profits, reluctant to see the business pay high wages to staff which made a business decision to move production overseas to reduce staff costs.

What is known as a conflict?

Basically, a conflict refers to any serious disagreement and argument about something important, that is, when two people or groups are in conflict, they are said to have had a serious disagreement or non-conclusion about certain things.

The conflicting interests of stakeholders arises because different stakeholders have different objectives which some are stated below:

when owners want high profits and so may be reluctant to see the business pay high wages to staffwhen a business decision to move production overseas may reduce staff costs.

All as mentioned above will benefit owners but work against the interests of existing staff who will lose their jobs as the customers might suffer if they receive a poorer service, the managers may want to pay for goods later to improve cash flow whereas the suppliers will want their payment as soon as possible etc.