With hundreds of competitors in the boat business, Victory Marine must work to differentiate itself from the flock. Victory continuously introduces innovative, high-quality new boats. Its differentiation strategy is reflected in a product line consisting of 22 models. To maintain this stream of innovation, and with so many boats at varying stages of their life cycles, Victory constantly seeks design input from customers, dealers, and consultants. Design ideas rapidly find themselves in the styling studio, where they are placed onto computer-aided design (CAD) machines in order to speed the development process. Existing boat designs are always evolving as the company tries to stay stylish and competitive. Moreover, with life cycles as short as 3 years, a steady stream of new products is required. A few years ago, the new product was the three-passenger $11,000 Rush, a small but powerful boat capable of pulling a water-skier. This was followed with a 20-foot inboard–outboard performance boat with so many innovations that it won prize after prize in the industry. Another new boat is a redesigned 52-foot sports yacht that sleeps six in luxury staterooms. With all these models and innovations, Victory designers and production personnel are under pressure to respond quickly. By getting key suppliers on board early and urging them to participate at the design stage, Victory improves both innovations and quality while speeding product development. Victory finds that the sooner it brings suppliers on board, the faster it can bring new boats to the market. After a development stage that constitutes concept and styling, CAD designs yield product specifications. The first stage in actual production is the creation of the "plug," a foam-based carving used to make the molds for fiberglass hulls and decks. Specifications from the CAD system drive the carving process. Once the plug is carved, the permanent molds for each new hull and deck design are formed. Molds take about 4 to 8 weeks to make and are all handmade. Similar molds are made for many of the other features in Victory boats—from galley and stateroom components to lavatories and steps. Finished molds can be joined and used to make thousands of boats.
QUESTION 1. With reference to JIT and lean production, discuss how the two objective of JIT and lean production are achieved in the given scenario. (5 marks)

The selling price of the price that is offered to the buyer of the goods. The selling price of the car should be $75,000.

The selling price is the ultimate value of the goods the seller is willing to offer to the buyer at the time of sale. It is determined by adding up the profit margin to the actual cost of the goods.

The computation of the selling price of the car:

Given,

\(\begin{aligned}\text{Selling Price}&=\text{Cost Price}+\text{Margin}\\&=\$60,000+(\$60,000\times25\%)\\&=\$60,000+\$15,000\\&=\$75,000\end{aligned}\)

Therefore, if Sherry wants to make 25% on the sale of each car then the car must be sold at $75,000 each.

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Self-talk is your inner voice or the way you speak to yourself. Although you almost probably are doing it without realizing it, you almost certainly are. In order to produce an internal monologue throughout the day, this inner voice mixes conscious thoughts with ingrained beliefs and biases.

Your inner discourse is known as self-talk.

Personalizing. You own all of the guilt for yourself.

Magnifying.

Catastrophizing.

Polarizing.

Helm Stetter outlines the "Five Levels of Self-Talk" (Negative Acceptance, Recognition and Need to Change, Decision to Change, The Better You, and Universal Affirmation) and offers advice on how to navigate each level for significant life changes.

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Answer:

Apple went public in 1980, but Jobs eventually left—only to triumphantly return several years later. Apple's success lies in a strategic vision that transcended simple desktop computing to include mobile devices and wearables. Both performance and design are key drivers of the Apple brand and its ongoing success.

Explanation:

When all things are equal, a national currency tends to fall when foreign investors believe that the country associated with that currency is at risk of large amounts of debt. This is because investors may lose confidence in the country's ability to repay its debt, leading them to sell their holdings in that currency, which results in a decrease in demand for the currency and a subsequent drop in its value.

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Answer:

Bachelor's degree

Explanation:

You go to a college for a degree, so that is the main and thus "core" focus.  Anything else is extra, so the degree itself is the main service.  Therefore, it's the core.

The similarities between African countries are:

Background on Agriculture in Africa

One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.

It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).

Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.

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Answer:

You should contact the lender so you can return the leftover loan, reducing the amount that you owe.

If we have already accepted more loan money than what we need in that situation we can do two things:

The amount of money or the percentage according to which the lender charge the money from the borrower is called rate of interest.

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Seasonal indices using all the given data are Winter: 69.19, Spring: 108.03, Summer: 161.33, Fall: 72.78

Seasonal Index = (Avg. Attendance for Season / Overall Avg. Attendance) * 100

Winter:

Winter Year 1: 55

Winter Year 2: 65

Winter Year 3: 94

Avg. Attendance for Winter Season = (55 + 65 + 94) / 3 = 71.33

Overall Average Attendance = (55 + 104 + 168 + 75 + 65 + 84 + 124 + 51 + 94 + 146 + 207 + 99) / 12 = 103.083

Seasonal Index for Winter = (71.33 / 103.083) * 100 = 69.19

Spring:

Spring Year 1: 104

Spring Year 2: 84

Spring Year 3: 146

Avg. Attendance for Spring Season = (104 + 84 + 146) / 3 = 111.33

Seasonal Index for Spring = (111.33 / 103.083) * 100 = 108.03

Summer:

Summer Year 1: 168

Summer Year 2: 124

Summer Year 3: 207

Avg Attendance for Summer Season = (168 + 124 + 207) / 3 = 166.33

Seasonal Index for Summer = (166.33 / 103.083) * 100 = 161.33

Fall:

Fall Year 1: 75 Fall Year 2: 51

Fall Year 3: 99

Avg. Attendance for Fall Season = (75 + 51 + 99) / 3 = 75

Seasonal Index for Fall = (75 / 103.083) * 100 = 72.78

Thus, seasonal indices are Winter: 69.19, Spring: 108.03, Summer: 161.33, Fall: 72.78

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4.27 Attendance at Orlando’s newest Disney-like attraction, Lego World, has been as follows:

Quarter Guests (In Thousands) Quarter Guests (In Thousands)

Winter Year 1 55 Summer Year 2 124

Spring Year 1 104 Fall Year 2            51

Summer Year 1 168 Winter Year 3 94

Fall Year 1            75 Spring Year 3 146

Winter Year 2 65 Summer Year 3 207

Spring Year 2 84 Fall Year 3             99

Compute seasonal indices using all the data.

Winter:

Spring:

Summer:

Fall:

For a plaintiff to establish that he or she has the standing to sue, the plaintiff must allege a personal stake in the resolution of the controversy.

A plaintiff is an individual or group who initiates a lawsuit in a court of law. The plaintiff by doing so seeks justice and a legal remedy for that particular problem.

When a plaintiff seeks to establish that he or she has a legal standing to sue, he must allege a personal stake in the resolution of the controversy. That way, he would properly establish the fact.

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Answer:

$150,000

Explanation:

Calculation to determine what The amount of the adjusting entry for bad debts at December 31 is

Using this formula

Bad debts=Accounts receivable-Allowance for Doubtful Accounts

Let plug in the formula

Bad debts=$170,000-$20,000

Bad debts=$150,000

Therefore The amount of the adjusting entry for bad debts at December 31 is $150,000

Answer: D is the correct answer.

Explanation: The different phases to reach the product/ market fit are:

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Answer:

B. A search warrant

Explanation:

hope it helps

The team role that makes treatment decisions and assigns roles is : Team leader.

A team leader is someone who oversees the functionality of a workgroup by providing guidance and instruction.

Team leader monitor the progress of a team throughout the duration and successful completion of a project.

Qualities of a good team leader are :

There, the team role that makes treatment decisions and assigns roles is the team leader.

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True, this is a manufacturing method in which value is added by putting together components to create a product. This method is commonly referred to as assembly-line production or mass production.

It is a process in which a product is created from components that are manufactured in a factory, and then assembled together in an efficient and cost-effective way. This method of production is used for a wide variety of products, from cars and electronics to clothing and furniture.

The assembly line production method is advantageous for manufacturers because it allows for mass production of a product at a fraction of the cost of manual labor.

This method also helps to ensure a consistent quality of the product, as each component is tested and inspected before being assembled. Additionally, the efficiency of the assembly line ensures that products can be produced quickly, allowing manufacturers to meet customer demand and maximize profits.

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The common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication.

In accounting, there are different type of error that could result to the unbalanced account, that is, leaving the Trial balance or Balance sheet unbalanced.

Generally, the recognized type of errors in accounting includes:

In conclusion, the common errors that leads to unbalanced account and are the easiest to resolve includes the error of Omission, Commission. Original Entry and Duplication because they are easy to correct.

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Answer:

A. A card with a high compound interest rate

Explanation:

it is most likely to result in the borrower

If an insured receives accelerated death benefits, the least amount of the original death benefit that the beneficiary would receive after the insured's death is 0%.

Accelerated death benefits allow the insured to receive a portion of the death benefit while still alive if they are diagnosed with a terminal illness or other qualifying condition. The amount received is typically a percentage of the total death benefit, and the remaining benefit is reduced by that amount. Therefore, if the insured receives the full amount of accelerated death benefits before their death, there will be no remaining death benefit for the beneficiary to receive.

It is important for individuals to carefully consider the potential impact of accelerated death benefits on their beneficiaries before electing to receive them.

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As individual legal entities, corporations assume liability for their own debts, so the shareholders hold only limited liability.

Limited liability is known to be a kind of a legal protection that is made specifically for shareholders as well as the owners that tends to hinder people or individuals from being held solei responsible for their company's debts as well as any form of financial losses.

Note that this is one that tends to exist in a unique form and as such, As individual legal entities, corporations assume liability for their own debts, so the shareholders hold only limited liability.

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Stockholders' Equity

Preferred Stock, 180,000 shares $ 3,960,000

Common Stock, 2,030,000 shares, $2.50 par value $ 5,075,000

Paid-in Capital in Excess of Par - Preferred Stock $    200,000

Paid-in Capital in Excess of Par - Common Stock   $ 27,000,000

Retained Earnings                                $  6,370,000

Treasury Stock, at cost                          $   (300,000)

Less: Unearned preferred dividend                $    (90,000)

--------------

Total Stockholders' Equity                         $ 42,215,000

==============

To prepare the stockholders' equity section for Hatch Company at December 31, 2015, we need to take into account the following transactions:

Jan. 1: Issuance of 30,000 shares of preferred stock at $22 per share.

Feb. 1: Issuance of 50,000 shares of common stock at $20 per share.

June 1: 2-for-1 stock split (par value reduced to $2.50).

July 1: Purchase of 30,000 shares of common treasury stock at $10 per share.

Sept. 15: Reissuance of 10,000 shares of treasury stock at $11 per share.

Dec. 31: Declaration of preferred dividend and common dividend of 50¢ per share.

Dec. 31: Net income of $2,100,000.

We can calculate the total number of shares of each type of stock outstanding after the issuance of new shares and the purchase and reissuance of treasury stock:

Preferred stock:

150,000 shares + 30,000 shares = 180,000 shares

Common stock:

2,000,000 shares + 50,000 shares - 30,000 shares + 10,000 shares = 2,030,000 shares

Next, we need to calculate the par value of the common stock after the stock split:

Par value of common stock:

$5 / 2 = $2.50

Finally, we can prepare the stockholders' equity section as follows:

Stockholders' Equity

Preferred Stock, 180,000 shares $ 3,960,000

Common Stock, 2,030,000 shares, $2.50 par value $ 5,075,000

Paid-in Capital in Excess of Par - Preferred Stock $    200,000

Paid-in Capital in Excess of Par - Common Stock   $ 27,000,000

Retained Earnings                                $  6,370,000

Treasury Stock, at cost                          $   (300,000)

Less: Unearned preferred dividend                $    (90,000)

--------------

Total Stockholders' Equity                         $ 42,215,000

==============

Note that we deducted the unearned preferred dividend from total stockholders' equity since it represents a liability that has not yet been paid.

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Answer:

D. QAR 114,000

Explanation:

Calculation for How much the amount of "Warranty expense" that Al Maha Company should report

Using this formula

Warranty expense=[(First year expected warranty costs*Sales)+(Second year expected warranty costs*Sales)+(Third year expected warranty costs*Sales)]

Let plug in the formula

Warranty expense=[(3% 1,900,000)+(2%* 1,900,000)+(1%*1,900,000)]

Warranty expense=57,000+38,000+19,000

Warranty expense=QAR 114,000

Therefore the amount of "Warranty expense" that Al Maha Company should report will be QAR 114,000.

Answer: correct option is A.

Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.

Stocks incur speculative risk. Therefore option A is correct.

A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.

Common stock and preferred stock are the two primary categories of stocks.

Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.

Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.

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The statement that "The GAP insurance offered at a dealership is the same price as your auto insurance company would charge you" is false.

The cost of GAP insurance offered at a dealership is usually higher than what an auto insurance company would charge you.

GAP insurance stands for Guaranteed Asset Protection insurance. It is designed to cover the difference between what you owe on your vehicle and what your insurance policy will pay out if your car is stolen, damaged beyond repair, or totaled in an accident. GAP insurance is particularly useful when you have a car loan, as it can help you avoid being stuck with a large debt if your car is written off or stolen.

Dealership insurance, on the other hand, is an insurance policy that is typically sold by a car dealership. It is usually sold to cover the gap between the amount owed on the vehicle and its value at the time of purchase. However, dealership insurance is often more expensive than traditional auto insurance policies. This is because dealerships often charge a commission on the policy, which can be significantly higher than what an auto insurance company would charge.

To sum up, the statement that "The GAP insurance offered at a dealership is the same price as your auto insurance company would charge you" is false. The cost of GAP insurance offered at a dealership is usually higher than what an auto insurance company would charge you.

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The design principle that is important when one is creating navigational aids for your document is repetition.

It should be noted that the design principle simply means the principles that are used to create visually appealing designs.

In this case, the design principle that is important when one is creating navigational aids for your document is repetition.

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Answer:

Richard Miller borrowed an amount of money that is equivalent to the present value of the promised repayments of $1,200, $1,350, $1,540, $1,560, and $1,560 over the next five years.

Using a discount rate of 10 percent annually, we can calculate the present value to determine the amount Richard borrowed.

To calculate the present value, we need to discount each repayment at a rate of 10 percent annually and sum them up. The formula to calculate the present value of a future cash flow is:

PV = CF1 / (1+r)^1 + CF2 / (1+r)^2 + ... + CFn / (1+r)^n

In this case, we have the following cash flows: $1,200, $1,350, $1,540, $1,560, and $1,560. The time periods (n) range from 1 to 5, and the discount rate (r) is 10 percent.

By substituting the values into the formula and calculating, we find that the present value is approximately $6,044.77. This amount represents the initial borrowing by Richard Miller.

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We should note that stock valuation helps to predict the future price or potential market prices for the investors to time their sales or purchase of investments. Its values the intrinsic value of the stock that shows the profitability of the business and its future market value.

In this context, let's assume we're analyzing Apple Inc. (AAPL), a technology company that designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players.

One key ratio valuations that investors might use to assess the value of AAPL is Price-to-earnings ratio (P/E ratio). This ratio compares the current stock price to the company's earnings per share (EPS). A high P/E ratio suggests that investors are willing to pay a premium for the stock based on its earnings potential.

To calculate the P/E ratio for AAPL, we would divide the current stock price by the company's EPS. As of 2022, AAPL had a P/E ratio of around 28, which is slightly higher than the industry average of around 24.

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The situation described refers to an economic imbalance.

Economic imbalance is an economic term that refers to:

The economic imbalance commonly occurs when the supply of a product or service and its demand are not balanced, on the contrary, they suffer variations that alter the market equilibrium.

According to the above, Georgina experienced this phenomenon (economic imbalance) with her idea of selling cupcakes at her school because the supply (12 cupcakes) greatly exceeded the demand for cupcakes from her schoolmates (3 cupcakes).

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