The correct answer is Option D
Lucia Company reported cost of goods sold for year 1 and year 2 as follows:
Year 1 Year 2
Beginning Inventory $ 129,000 $ 131,800
Cost of Goods Purchased $ 251,800 $ 284,000
Cost of Goods Available for Sale$ 380,800 $ 415,800
Ending Inventory$ 131,800 $ 136,800
Cost of Goods Sold$ 249,000 $ 279,000
Lucia Company made two errors:
1) Ending inventory at the end of year 1 was understated by $16,800, and
2) Ending inventory at the end of year 2 was overstated by $7,800.
The correct cost of goods sold figure for year 2 would be $286,800. Let us discuss the steps used to calculate the answer:
Step 1: To begin with, we need to calculate the correct ending inventory for year 1. Correct ending inventory for year 1 = Ending inventory + understated amount
Correct ending inventory for year 1 = $131,800 + $16,800 = $148,600
Step 2: Now, we will use the correct ending inventory amount for year 1 to calculate the cost of goods sold for year 1.
Cost of goods sold for year 1 = Beginning inventory + Cost of goods purchased - Correct ending inventory
Cost of goods sold for year 1 = $129,000 + $251,800 - $148,600 = $232,200
Step 3: Similarly, we will use the overstated ending inventory amount for year 2 to calculate the correct ending inventory for year
2. Correct ending inventory for year 2 = Ending inventory - overstated amount
Correct ending inventory for year 2 = $136,800 - $7,800 = $129,000
Step 4: Finally, we will use the correct ending inventory amount for year 2 to calculate the cost of goods sold for year
2. Cost of goods sold for year 2 = Beginning inventory + Cost of goods purchased - Correct ending inventory
Cost of goods sold for year 2 = $131,800 + $284,000 - $129,000 = $286,800
Therefore, the correct cost of goods sold figure for year 2 is $286,800.
To know more about Inventory here
https://brainly.com/question/14184995
#SPJ11
What should you do after completing and filing your
Free Application for Federal Student Aid (FAFSA)?
O A. Get your Federal Student Aid ID.
O B. Review and submit your Student Aid Report
(SAR).
O C. Gather the necessary financial documents.
O D. Accept your financial aid package.
It’s B
Examine and send your student aid report (SAR). You will receive a Student Aid Report after submitting your Free Application for Federal Student Aid (FAFSA) (SAR).
How can I download my SAR report as a PDF?Click "Login" on the front page of https://studentaid.gov/h/apply-for-aid/fafsa. 3. Access the network. 4. Choose to save your SAR as a PDF file by selecting "See or Print your SAR" in the middle of the "My FAFSA" page.
How do I obtain a duplicate of my SAR?You can obtain a copy of your SAR by login into fafsa.gov using your FSA ID and choosing the "See SAR" option in the centre of the page once your FAFSA form or FAFSA adjustment has been processed.
To know more about SAR visit:-
https://brainly.com/question/29372320
#SPJ1
which of the following is not a type of compensation? multiple choice benefits promotions incentives
performance evaluation. "Performance assessment" is the sort of compensation that is not included among the available possibilities.
Performance evaluation is the process of determining how well a person is doing their job, whereas compensation refers to the money or perks offered to an employee in exchange for their labour.
Employers utilise performance reviews to pinpoint areas for development, establish objectives, and make choices about promotions, layoffs, and pay raises. Although they may have an impact on pay choices, performance reviews are not regarded as a kind of pay in and of themselves.
In conclusion, performance evaluation is a different procedure used to evaluate an employee's work performance and guide compensation choices, not a sort of remuneration.
learn more about compensation here:
https://brainly.com/question/13755469
#SPJ4
31. dreamhouse realty (dhr) wants a templated process with a mortgage calculator that generated leads for loans. dhr needs to complete the project within 30 days and has maxed out its budget for the year. which appexchange item should help the administrator to meet the request?
flow solutions Salesforce appexchange item should help the administrator to meet the request.
flow solutions Salesforce include a growing series of companion-built integrations. glide solutions simplify the float building process by using making it easier to create flows that connect to and perform moves on 0.33-birthday celebration systems without requiring extra integration or code. Examples of to be had go with the flow solutions salesforce encompass accepting a credit card price, accomplishing a credit test, checking the climate forecast, and including a video participant. Flows paintings in Cloud drift clothier. They give you the threshold you want to collect industry-specific flows on the fly in an effort to build seamless, guided, and linked experiences.
To recognise more approximately salesforce click here
brainly.com/question/30513818
#SPJ4
why is advertising for a single firm that currenty makes a considerable profit with no competitors (yet) in a market a possible attempt to discourage new entrants into the market?
The reason advertising for a single firm that currently makes a considerable profit with no competitors (yet) in a market is a possible attempt to discourage new entrants into the market is that the advertising helps to create a barrier to entry.
By advertising heavily, established firms can create a perception of quality, reliability, and trust that new entrants find difficult to match or surpass. This can make it harder for new entrants to gain market share and establish themselves as legitimate competitors.
Advertising can also help to create economies of scale that make it difficult for new entrants to match the production, distribution, and marketing costs of established firms. Hence, advertising for a single firm that currently makes a considerable profit with no competitors (yet) in a market is a possible attempt to discourage new entrants into the market.
To know more about advertising , refer here
https://brainly.com/question/3163475#
#SPJ11
consider the market for lattes. if scientists discover that steamed milk, which is used to make lattes, prevents heart attacks, what would happen to the equilibrium price and quantity of lattes
The discovery of the health benefits of steamed milk would result in an increase in the equilibrium price and quantity of lattes in both the short and long run. The increase in price would be partially offset by the lower cost of production for lattes, and the increase in quantity would be driven by the increased demand for lattes.
The discovery that steamed milk prevents heart attacks would have a significant impact on the equilibrium price and quantity of lattes. In the short run, the demand for lattes would increase significantly, as more people become aware of the health benefits of steamed milk.
In the long run, however, the effects would be more significant. The increased demand for lattes would cause the equilibrium price to rise and the quantity of lattes to increase beyond what would be expected in the short run. This is because, with more people aware of the health benefits of steamed milk, more people would be willing to purchase lattes at a higher price.
Know more about equilibrium price here:
https://brainly.com/question/28527601
#SPJ11
potter industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. the par value of the bond is $1,000. if the going annual interest rate is 7.6%, what is the value of the bond? do not round intermediate calculations. round your answer to the nearest cent. $
The value of Potter Industries’ bond with an annual coupon of 6% and a 10-year maturity is $800.37.
The yield to maturity (YTM) for the bond is 7.6%. This can be used to calculate the present value of the bond, which is calculated by discounting each cash flow from the bond (coupon payments and the par value payment) at the YTM rate.
For this particular bond, there are 10 coupon payments of 6%, with each payment amounting to $60. This adds up to a total of $600 in coupon payments. In addition to this, the bond also has a par value of $1,000. The present value of the bond is calculated by discounting the cash flows at the YTM rate. This is done by multiplying the coupon payment or par value payment by the present value of $1 discounted at the YTM rate.
For example, the present value of the first coupon payment of $60 is calculated by multiplying $60 by the present value of $1 discounted at 7.6%. This calculation is done for each cash flow and the total present value of the bond is calculated by summing up the present value of each cash flow. After discounting the cash flows, the present value of the bond is $800.37. This is the value of the bond at the given YTM rate.
Therefore, the value of Potter Industries’ bond with an annual coupon of 6% and a 10-year maturity is $800.37.
Know more about yield to maturity here:
https://brainly.com/question/14986884
#SPJ11
which of these statements regarding the industry life cycle is true? partial power of the market life cycle is its ability to serve as a short-run forecasting device. trends suggested by the market life cycle model are generally not reversible or repeatable. it points out the need to maintain a differentiation advantage and a low cost advantage. it is important for company generic strategies, functional areas, value-creating activities, and overall objectives.
The industry life cycle is an economic model that explains the stages that an industry goes through in terms of growth and revenue. In the case of which of these statements regarding the industry life cycle is true, the correct answer is that it is important for the company's
Generic strategiesFunctional areasValue-creating activitiesOverall objectives.
The industry life cycle is an economic model that explains the stages that an industry goes through in terms of growth and revenue. The market life cycle model can help businesses identify opportunities to grow and prepare for future threats.
The statement "It is important for company generic strategies, functional areas, value-creating activities, and overall objectives" is true because the industry life cycle model is an essential tool for businesses to help them develop their strategy and plan for future opportunities and challenges.
In addition, the model helps companies identify opportunities to enter a new market, make strategic decisions about pricing, and identify new customers. As a result, companies can develop a clear and effective strategy that helps them achieve their goals and objectives.
To know more about the "industry life cycle": https://brainly.com/question/28072264
#SPJ11
puffery visible in advertisements are based upon genuineness. objective claims. fairness. exaggeration. validity.
Puffery visible in advertisements are based upon exaggeration. Puffery visible in advertisements is usually based on exaggeration, and the claims may not be backed up by empirical evidence or data. It is, however, a legal marketing strategy that businesses may use.
Puffery is a legal term for a marketing method that involves making exaggerated or vague claims about a product or service. The aim is to entice consumers to purchase the product or service. In terms of genuineness, fairness, objective claims, and validity, puffery visible in advertisements does not adhere to any of these principles.Genuineness - Puffery is not genuine, and the claims made in the advertisement may be untrue or exaggerated. Puffery may not provide consumers with accurate information about the product or service.Objective Claims - Puffery visible in advertisements is subjective and based on personal opinion. It does not provide objective claims about the product or service.Fairness - Puffery is not fair since it is an exaggeration of the product or service's features, and it may mislead consumers.Validity - Puffery is not a valid form of advertising since it does not provide empirical evidence or data to support the claims made in the advertisement.Therefore, puffery visible in advertisements is not based upon genuineness, objective claims, fairness, or validity. It is based on exaggeration, which is a legal marketing strategy that businesses use to entice consumers to purchase their product or service.Learn more about Puffery: https://brainly.com/question/29518107
#SPJ11
these taxes were aimed at the large numbers of immigrant miners drawn by the gold rush from which country?
The taxes were aimed at the large numbers of immigrant miners drawn by the gold rush from China.
The Chinese immigrants arrived in California during the Gold Rush of 1849 and their large numbers made them a visible presence in the state.
In an effort to control the influx of Chinese laborers, California enacted a series of discriminatory taxes, such as the 1852 Foreign Miners' Tax. This tax was levied on foreign miners, excluding those of European and American descent, in order to restrict the number of Chinese miners.
This tax was unpopular and ultimately deemed unconstitutional in 1854 by the California Supreme Court. Despite this ruling, the discriminatory taxes persisted and served as a barrier to the Chinese immigrants who sought to take part in the Gold Rush.
To know more about discriminatory taxes click on below link:
https://brainly.com/question/28217966#
#SPJ11
regal, incorporated, currently has an eps of $2.34 and an earnings growth rate of 6.5 percent. the benchmark pe ratio is 26. what is the target share price five years from now?
The target share price of Regal, Incorporated, after five years will be $103.74.
The EPS (Earnings per share) of the company is $2.34. The earnings growth rate of the company is 6.5%.The benchmark P/E ratio is 26. To find the target share price, we have to use the price-earnings ratio formula which is given below.
P/E Ratio = Market price per share / Earnings per share. We can calculate the market price of the share using the above formula, Market price per share = P/E Ratio × Earnings per share. Market price per share = 26 × 2.34 = $60.84. Now, to find the target share price after five years, we have to calculate the expected earnings per share after five years.
The expected earnings per share after five years can be calculated using the formula given below.Expected EPS = EPS * (1 + Earnings growth rate) ^ Number of years. Expected EPS = 2.34 * (1 + 6.5%) ^ 5 = 2.34 * 1.407 ^ 5 = $3.99.
Now, we can calculate the target share price five years from now using the formula given below. Target Share Price = P/E Ratio * Expected EPS. Target Share Price = 26 * $3.99 = $103.74, Therefore, the target share price of Regal, Incorporated, after five years will be $103.74.
To know more about share price , refer here
https://brainly.com/question/30974050#
#SPJ11
if all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be
If all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be an increase in efficiency. This is because efficiency is calculated as the ratio of output to input.
What is the efficiency?The resources used in production include things like labor, materials, and equipment. If these resources are increased by 20 percent, it means that there is more of each resource available to be used in the production process. This can lead to an increase in the amount of output that can be produced.
Output, on the other hand, is the amount of goods or services that are produced in a given time period. If output increases by 20 percent, it means that more goods or services are being produced with the same amount of resources. This can also be an indication of increased efficiency.
In summary, if all resources used in the production of a product are increased by 20 percent and output increases by 20 percent, then there must be an increase in efficiency. This is because efficiency is calculated as the ratio of output to input.
Learn more about Efficiency here:
https://brainly.com/question/30280642
#SPJ11
Lyra induces Moe to enter into a contract for the sale of an apartment about which Lyra fraudulently misrepresents a number of material facts. Lyra tells Moe that her commission is 6 percent, but their signed, written contract states "12 percent." The Statute of Frauds governs
The Statute of Frauds is a law that requires certain types of contracts to be in writing and signed by the parties in order to be enforceable.
It varies depending on the jurisdiction, but typically includes contracts for the sale of goods over a certain value, contracts for the transfer of real property, and contracts that cannot be performed within one year.
In this scenario, since the contract is for the sale of an apartment, it is likely governed by the Statute of Frauds. However, the misrepresentation by Lyra regarding the commission is an issue of fraud and not necessarily related to the Statute of Frauds. Moe may have a legal claim for fraud against Lyra due to her misrepresentation of the commission, which could potentially void the contract or lead to damages being awarded to Moe.
Learn more about Statute of Frauds at: https://brainly.com/question/28027511
#SPJ11
you won a lottery for $14,000. you want to start college and have $10,000 available to start a business when you graduates in 4 years. you earn 1% in your savings account. how much can you spend on a vacation now and still have enough to grow to the $10,000 you need when you graduate?
$4,425.36 on a vacation now and still have enough to grow to the $10,000 you need when you graduate in 4 years, assuming a 1% interest rate.
To calculate how much you can spend on a vacation now and still have enough to grow to the $10,000 you need when you graduate, we can use the future value formula:
FV = PV x [tex](1 + r)^n[/tex] where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years. We know that you have $14,000 now, and you want to save enough to have $10,000 in 4 years. So we can set:
FV = $10,000
PV = $14,000
n = 4 years
r = 1% = 0.01
Plugging these values into the formula, we get:
$10,000 = $14,000 x (1 + 0.01)^4
Simplifying the right side, we get:
$10,000 = $14,000 x 1.0406
Dividing both sides by 1.0406, we get:
$9,574.64 = $14,000
So you can spend up to $14,000 - $9,574.64 = $4,425.36 on a vacation now and still have enough to grow to the $10,000 you need when you graduate in 4 years, assuming a 1% interest rate.
Learn more about interest visit:
https://brainly.com/question/30955042
#SPJ11
to calculate depletion expense, first determine the depletion per unit. depletion per unit can be calculated by taking (cost )/total units of capacity. multiple choice question. plus salvage value minus operating expenses plus operating expenses minus salvage value
The multiple-choice question's available answers are all incorrect. The depletion per unit formula is (cost of the resource) / (total units of resource capacity).
What is the depletion expense formula?The number of units of natural resources consumed is multiplied by the cost per unit to calculate depletion costs. The cost per unit is calculated by multiplying the overall cost of acquiring, searching for, and developing the natural resources by the anticipated quantity of units that will be extracted.
Which of the following must be considered when determining depreciation costs?To determine depreciation, you must understand: the price of the asset (asset basis), which includes the price of purchasing the item, shipping, installation, and training. The duration of the good (also called the recovery period) the salvage value after its useful life is over1.
To know more about depletion visit:-
https://brainly.com/question/29424795
#SPJ1
Answer: Minus Salvage Value
Explanation:
george heinrich uses 1,500 per year of a certain sub-assembly that has an annual holding cost of $45 per unit. each order placed costs george $150. he operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order. for this sub-assembly, find:
George Heinrich uses 1,500 per year of a certain sub-assembly. Its annual holding cost is $45 per unit. Each order placed costs George $150. He operates 300 days per year and has found that an order must be placed with his supplier 6 working days before he can expect to receive that order.
To find: Economic Order Quantity, Number of orders to be placed in a year, Reorder Point Calculation
Solution:
We know that,Economic Order Quantity (EOQ) = √((2DS) / H)
Where,
D = Annual Demand of unitsS = Ordering Cost per orderH = Holding Cost per unit per year∴ EOQ = √((2 × 1,500 × 150) / 45)= √10000
= 100 units
Number of orders to be placed in a year = Annual Demand / EOQ= 1500 / 100= 15 Orders/year
Reorder Point Calculation:
Reorder Point = (Lead Time demand) + Safety Stock
Where,
Lead time = time between placing the order and receiving it.Safety Stock = the extra amount of stock that is held in case demand increases or there is a delay in the delivery of the order.Lead time demand = Daily demand × lead time
= 1500/300 × 6
= 30 units
Safety Stock = (Maximum usage per day × Maximum lead time in days) - Lead time demand
= (1500/300) × 1 - 30
= 120 - 30
= 90
∴ Reorder Point = (Lead Time demand) + Safety Stock
= 30 + 90
= 120 units
The Economic Order Quantity is 100 units. The number of orders to be placed in a year is 15 Orders/year. The reorder point is 120 units.
Learn more about Reorder Point: https://brainly.com/question/14952739
#SPJ11
abc inc billed companies 50000 and had 10000 of selling expenses and 20000 of administrative expenses. assume cost of services billed was 5000. what is abcs net income
ABC's net income is $15,000.
Given, ABC Inc billed companies $50,000 and had $10,000 of selling expenses and $20,000 of administrative expenses.
Assume the cost of services billed was $5,000.
Net income is the difference between the total revenue earned and the total expenses incurred in earning that revenue. We can find ABC's net income by following the steps below:
Step 1: Calculate the total expenses
Expenses = Selling expenses + Administrative expenses+ Cost of services billed
Expenses = $10,000 + $20,000 + $5,000 = $35,000
Step 2: Calculate the net income
Net income = Total revenue - Expenses
We know that ABC Inc billed companies $50,000, hence, the total revenue earned is $50,000.Net income = $50,000 - $35,000 = $15,000
Therefore, ABC's net income is $15,000.
For such more questions on net income
https://brainly.com/question/28390284
#SPJ11
during the integration process, lafargeholcim faced three of the most common barriers to integration. which of the following is not one of the obstacles it faced? a. conflicts in merging corporate cultures b. differing opinions on the leadership structure c. inadequate evaluation of the target d. too much diversification
During the integration process, LafargeHolcim faced three of the most common barriers to integration. Among conflicts in merging corporate cultures, differing opinions on the leadership structure, inadequate evaluation of the target, and too much diversification, the obstacle that it did not face is too much diversification. So, the correct option is D.
The integration process refers to the process of blending the cultures, operations, systems, and personnel of two or more organizations together. The objective of an integration process is to create a unified and more effective organization from the constituent entities.
The benefits that an integration process provides include economies of scale, improved competitiveness, enhanced market share, and access to new markets. However, the integration process is often accompanied by significant challenges, such as leadership conflicts and disagreements between staff, which can stifle the process.
LafargeHolcim faced three of the most common barriers to integration during the integration process: conflicts in merging corporate cultures, differing opinions on the leadership structure, and inadequate evaluation of the target. Too much diversification is not an obstacle they faced.
To know more about integration process, refer here
https://brainly.com/question/29676983#
#SPJ11
calculate, to the penny, the real-world last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% apr. numeric response numeric response 1502.31
The real-world last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR, the answer is $1,502.31 and the rate would be 0.06.
To calculate the last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR, you must use the following formula:
Last Payment = (Amount * (1+Rate)^Number of Payments) / (((1+Rate)^Number of Payments) -1)
Using this formula, the last payment for a 30-year mortgage amortizing $250,000 over 360 monthly payments at 6% APR is 1502.31.
To break it down further, a mortgage amortization is a method of gradually paying off a debt, such as a loan, over time. The total amount to be paid back is known as the principal. The interest rate associated with the loan is the Annual Percentage Rate (APR), which will be fixed throughout the loan repayment period. The total number of payments to be made is the term of the loan.
In this case, the principal amount is $250,000, the APR is 6%, and the term is 30 years, or 360 months. In order to calculate the last payment, we need to convert the APR to a decimal form, so in this example the rate would be 0.06.
Now that we have the information needed for the calculation, we can insert it into the formula to get the last payment. In this example, the last payment would be $1,502.31.
To learn more about mortgage here:
https://brainly.com/question/1318711#
#SPJ11
the advent of numerous cable and online viewing options prompted a term which accurately describes the television industry's model. what is this term? advertainment channel surfing time shifting file sharing narrowcasting
The term that accurately describes the television industry's model prompted by numerous cable and online viewing options is "narrowcasting."
What's narrowcastingNarrowcasting is a technique that entails targeting media to specific populations or particular interest groups, rather than attempting to appeal to a mass audience. Cable and online viewing options are examples of narrowcasting in action. The use of such services has led to the creation of niche markets that appeal to viewers with unique tastes and preferences.
For example, rather than showing general programming to a broad audience, a particular channel or online streaming service might provide a platform for people interested in food or gardening. As a result, businesses, organizations, and advertisers can direct their messages to specific individuals or groups, allowing for more effective targeting and higher viewer engagement.
In conclusion, the term that accurately describes the television industry's model prompted by numerous cable and online viewing options is "narrowcasting."
Learn more about narrowcasting at
https://brainly.com/question/31118882
#SPJ11
which segment of the general environment incudes the functions that allow people to shop online at amazon? a. demographic b. sociocultural c. technological d. sustainable physical environment
The segment of the general environment that includes the functions that allow people to shop online at Amazon is the technological segment.
Technological factors refer to the application of scientific knowledge for practical purposes, and they have a significant impact on how companies operate and compete in the marketplace.
In the case of Amazon, the company has heavily invested in technology to develop and maintain its online shopping platform, which includes features such as personalized recommendations, easy checkout processes, and fast shipping options. The company's use of technology has allowed it to create a seamless online shopping experience for its customers, which has contributed to its success as a leading e-commerce retailer.
To learn more about environment visit;
https://brainly.com/question/30821114
#SPJ4
an organization that effectively competes in the product market is able to sell its goods and services at a quantity price that will
An organization that effectively competes in the product market is able to sell its goods and services at a price that will bring a sufficient return on investment (ROI).
In economics, the quantity price is a term used to describe a company's fixed prices for bulk items. The quantity price is offered to customers who buy goods in bulk, and it is usually a lower cost than the standard unit cost.
Quantity discounts are frequently used by firms to boost sales and revenues. Bulk pricing is a type of volume discount that firms provide to consumers who purchase in larger amounts.
To achieve a sufficient ROI, the organization must have a clear understanding of its target market and the price points that will be acceptable to its customers.
This may involve conducting market research to identify customer preferences and willingness to pay, as well as analyzing the pricing strategies of competitors.
Thus, an organization that effectively competes in the product market is able to sell its goods and services at a price that will bring a sufficient return on investment (ROI).
Learn more about return on investment (ROI) here:
https://brainly.com/question/11913993
#SPJ11
a consumer usually will go through all of the steps of the consumer buying decision process for every purchase. group of answer choices true false
The statement "A consumer usually will go through all of the steps of the consumer buying decision process for every purchase" is FALSE. The buying decision process can vary depending on the product or service being purchased, the customer's personality, and the context in which the purchase is being made.
What is the consumer buying decision process?The consumer buying decision process consists of several stages or steps that customers go through when deciding to purchase a product or service.
These stages or steps are:
Problem identificationInformation searchEvaluation of alternativesPurchase decisionPost-purchase evaluationThe customer's needs, tastes, preferences, and motivations influence the decision-making process, which is not necessarily sequential. Instead, it is typically circular and dynamic.
However, it is important to note that customers do not always go through all of the stages, nor do they always do so in a sequential order.
To know more about buying decision process refer to-
brainly.com/question/28604082#
#SPJ11
juan had to take several employment tests while he was interviewing to be a bicycle messenger in a large city. which of the following does not seem to be a legally defensible test for this position? multiple choice juan was tested to see how many words per minute he can type. juan was tested on his knowledge of key landmarks in the city. juan was asked to ride a bicycle through an obstacle course.
Answer: Juan was tested to see how many words per minute he can type.
Explanation: This answer is correct because it is not related to doing his future job of being a bicycle messenger.
Suppose a business is currently charging $5 for a widget and the average total cost of producing a widget is $7. From that information we know that fixed costs must be really large for the business.the revenues from selling widgets must be negative the profit from selling widgets can be negative. average fixed costs must be rising from producing widgets
Yes, it is likely that fixed costs are large for the business if the average total cost of producing a widget is $7, and the business is only charging $5 for a widget. The revenues from selling widgets must be negative.
Revenues, also known as revenue or sales, refer to the total amount of money that a company or organization earns from its operations or business activities during a specific period. Revenues are the primary source of income for a company and are generated by selling products or services, leasing assets, or other business activities.
It is important to note that revenues only account for the amount of money earned from sales and do not include any costs or expenses associated with producing or delivering the products or services. Revenues are reported on a company's income statement and are a key measure of a company's financial performance.
Learn more about Revenues: brainly.com/question/23706629
#SPJ11
all other factors being equal, both the simple interest and the compound interest methods will accrue the same amount of earned interest by the end of the first year. true/false
The reason is that compound interest includes interest on the interest, while simple interest does not which is False.
All other factors being equal, the compound interest method will typically result in a higher amount of earned interest than the simple interest method over the course of a year. This is because with compound interest, the interest earned is added to the principal, resulting in a larger base on which to calculate interest in subsequent periods. With simple interest, the interest earned is not added to the principal, so the interest earned each period remains the same.
Interest is the cost of borrowing money or the compensation received for lending money. There are two methods used to calculate interest: simple interest and compound interest. Simple interest is calculated as a percentage of the original principal amount borrowed or invested, and it remains the same throughout the life of the loan or investment.
The formula for simple interest is I = PRT, where I is the interest earned, P is the principal amount, R is the interest rate, and T is the time period. For example, if you borrow $1,000 at a simple interest rate of 5% per year for one year, you will owe $1,050 at the end of the year.
Learn more about compound interest: https://brainly.com/question/28020457
#SPJ11
certain firms, such as those in utilities or the pharmaceutical industry, are likely to experience significant economies of scale because:
Economies of scale occur when firms increase their output and experience lower average costs of production. This can occur in certain firms, such as those in utilities or the pharmaceutical industry, because of the significant investments and specialized skills required for these industries.
Utilities require large investments in infrastructure and highly-trained personnel in order to deliver reliable services to their customers. The more customers a utility company serves, the more efficiently it can utilize its resources and labor, resulting in a cost savings. In addition, the more customers a utility company serves.
In the pharmaceutical industry, significant investments are required in research and development in order to develop and produce new medications. Pharmaceutical companies benefit from economies of scale because larger production quantities result in lower average costs due to increased efficiency.
Know more about pharmaceutical industry here:
https://brainly.com/question/29668603
#SPJ11
the debt ratio indicates the percentage of: multiple choice total liabilities classified as current. total assets financed by long-term mortgages. revenue consumed by interest expense. total assets financed by creditors.
The debt ratio indicates the percentage of total assets financed by creditors.
What is the Debt Ratio?
Debt ratio is a financial ratio that compares a company's total liabilities to its total assets. The debt ratio determines the percentage of a company's assets that are financed by creditors.
In other words, the debt ratio is the company's debt-to-assets ratio. In terms of financing, it is critical to assess the debt-to-asset ratio since it demonstrates how much debt is being used to finance the company's assets.
Hence, it is vital to maintain the debt ratio to keep the firm's financial health in check. Therefore, the correct answer is option D, "total assets financed by creditors."
To learn more about debt ratio, refer below:
https://brainly.com/question/14553933
#SPJ11
since the merger, lafargeholcim has seen a rapid decline in its performance, so a new ceo was brought in. he immediately announced plans to focus on fewer markets, among other new directives. this is indicative of which form of restructuring? a. downsizing b. downscoping c. outsourcing d. downgrading
The form of restructuring indicative of the situation in which LafargeHolcim, after the merger, saw a rapid decline in its performance and subsequently brought in a new CEO who announced plans to focus on fewer markets, among other new directives is downscoping. So, the correct answer is B. downscoping .
Downscoping is a restructuring strategy in which a firm divests some of its businesses or subsidiaries, thereby concentrating on a smaller set of core businesses or subsidiaries. A company that employs this strategy may reduce its product lines, lay off employees, or sell assets or entire business divisions.
The objective of downscoping is to streamline a company’s operations by reducing the number of businesses, products, and markets that it has to deal with, which could help to improve the performance of the core businesses while reducing costs incurred by the other, non-core businesses.
Downscoping helps to redirect a company’s focus towards its core businesses or strengths, which could lead to increased efficiency and profitability. Therefore, the correct answer option is B. downscoping .
To know more about restructuring, refer here
https://brainly.com/question/28153769#
#SPJ11
Organizational design is concerned with an organization developingA. the best structures of costs and efficiency that an organization uses to meet goals.B. important decisions that are suggested by employees.C. optimal structures of accountability and responsibility to execute its strategies.D. the most favorable methods of accomplishing both the diversity and synergy plans.E. new MBO goals.
Organizational design is concerned with an organization developing optimal structures of accountability and responsibility to execute its strategies. The correct option is C.
What is Organizational Design?Organizational design is a vital aspect of creating an organization. It is concerned with how an organization's people, jobs, and systems are organized to meet the goals and objectives of that organization. It is a step-by-step method of organizing and designing an organization that aims to achieve its goals more efficiently and effectively.
The goal of organizational design is to establish an ideal organization structure that optimizes the organization's work processes, reduces duplication of work, streamlines workflow, and enables the company to become more efficient and effective in meeting its objectives.
Optimal structures of accountability and responsibility to execute its strategies are a concern for organizational design.Hence, the correct option is C. optimal structures of accountability and responsibility to execute its strategies.
Learn more about organizational design at
https://brainly.com/question/22664730
#SPJ11
when used for performance evaluation, the mbo method question 42 options: is results oriented is time-consuming all of the responses focuses on end goals
When used for performance evaluation, the MBO method is results-oriented. This is the correct option of the given question.
What's MBO methodThe MBO method stands for Management by Objectives. It is a systematic and organized method that aims to help employees to achieve their goals and improve their performance. This approach is also known as the results-oriented approach as it focuses on the results and achievements of the employees.In the MBO method, an individual's goals and objectives are determined and agreed upon by the employee and the supervisor.
The goals are then divided into smaller sub-goals that are measurable, achievable, and realistic. After a certain period of time, the employee is evaluated based on their progress towards achieving the set goals.The main aim of the MBO method is to improve the performance of the employees and the organization as a whole. It is a results-oriented approach as it focuses on the end results rather than the activities or tasks that the employees perform.
All of the given options except for "is results-oriented" are incorrect. The MBO method is not time-consuming, nor does it focus only on end goals. It is a comprehensive approach that considers the employee's performance, goals, objectives, and overall growth.
Learn more about MBO at
https://brainly.com/question/30757434
#SPJ11