you have $50 and want to buy some cds. if prices of cds rose from $5 each to $10,how much your quantity demanded of cds change?

Answers

Answer 1

As the prices of CDs rose from $5 to $10, the demand for CDs would certainly be affected. The quantity demanded would decrease by approximately 50% because CDs would become more expensive, and people would be less willing to buy them

In economics, the relationship between price and quantity demanded is called the law of demand. This law states that as the price of a good or service goes up, the quantity demanded will go down, and vice versa. So, if the price of CDs doubles, it can be expected that the quantity demanded will decrease by some percentage. Price elasticity of demand is a measure of the responsiveness of demand to changes in price and it is calculated as the percentage change in quantity demanded divided by the percentage change in price.

Assuming that the initial quantity demanded was x, and the final quantity demanded was y, then the percentage change in quantity demanded can be calculated as:(y - x)/x * 100%And the percentage change in price can be calculated as:(10 - 5)/5 * 100% So, the price elasticity of demand would be:(y - x)/x * 100% / (10 - 5)/5 * 100% = (y - x)/x * 5/5So, if the price elasticity of demand is -0.5, then a 10% increase in price would result in a 5% decrease in quantity demanded. Therefore, if the price of CDs rose from $5 to $10, and assuming a price elasticity of demand of -0.5, the quantity demanded would decrease by approx 50%

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Related Questions

problem sets total questions 14 824 submit a jacket potato vendor charges $5.30 per potato sold. the variable cost of each potato served is $1.00. the stall has a fixed cost of $400 per week. a potato shortage results in an increased variable cost per potato of $.40, but selling prices remained unchanged. how many additional potatoes will the vendor have to sell to still achieve the profit objective of $750 per week?

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the vendor needs to sell an additional 759 potatoes to achieve the profit objective of $750 per week under the new conditions.

To determine the number of additional potatoes the vendor needs to sell to achieve a profit of $750 per week, we need to first calculate the contribution margin per potato.

Contribution margin = selling price per potato - variable cost per potato

Contribution margin = $5.30 - $1.00

Contribution margin = $4.30

With the current conditions, the contribution margin is $4.30 per potato.

Next, we need to determine the breakeven point for the current and new conditions.

Breakeven point = fixed costs ÷ contribution margin

For the current conditions:

Breakeven point = $400 ÷ $4.30

Breakeven point = 93 potatoes

So, the vendor needs to sell at least 93 potatoes per week to break even under the current conditions.

For the new conditions:

Variable cost per potato = $1.00 + $0.40 = $1.40

Contribution margin = selling price per potato - variable cost per potato

Contribution margin = $5.30 - $1.40

Contribution margin = $3.90

Breakeven point = $400 ÷ $3.90

Breakeven point = 102 potatoes

Therefore, the vendor needs to sell at least 102 potatoes per week under the new conditions to break even.

To achieve a profit of $750 per week, the vendor needs to sell:

(Number of potatoes needed to break even + Profit objective) - Number of potatoes sold under current conditions

(102 + 750) - Number of potatoes sold under current conditions

852 - Number of potatoes sold under current conditions

So, the vendor needs to sell an additional:

852 - 93 = 759 potatoes

Therefore, the vendor needs to sell an additional 759 potatoes to achieve the profit objective of $750 per week under the new conditions.

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you write one mbi july 127 call contract (equaling 100 shares) for a premium of $12. you hold the option until the expiration date, when mbi stock sells for $135 per share. you will realize a on the investment. a) $400 profit b) $800 loss c) $2,000 loss d) $800 profit

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The given information is about one MBI July 127 call contract (100 shares) written for a $12 premium and held until expiration date, when the MBI stock sells for $135 per share. So, the correct option is

d) $800 profit.

What is Call Option?

A call option is a financial contract that offers the purchaser the right, but not the obligation, to buy an underlying asset at an agreed-upon price on or before a certain date. A call option gives the buyer the option, but not the obligation, to buy the underlying asset at the strike price, while a put option gives the buyer the option, but not the obligation, to sell the underlying asset at the strike price.

On the other hand, the seller of a call option has the obligation to sell the underlying asset to the buyer if the buyer chooses to exercise the option. The seller receives the premium payment in exchange for the obligation to sell the underlying asset to the buyer.

The profit or loss on an options contract is the difference between the price at which the option is sold and the price at which it is bought or exercised. The given MBI call option contract was sold for a premium of $12, and it gives the purchaser the right to purchase the underlying shares for $127.

When the stock is sold for $135 per share, it indicates that the purchaser will undoubtedly exercise the option. The cost of 100 shares would be $12,700 ($127 x 100), and the stock can be sold for $13,500 ($135 x 100), resulting in a profit of $800 ($13,500 - $12,700).Therefore, the answer is d) $800 profit.

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you buy 100 shares in a no-load mutual fund at its nav of $10. during the year, the mutual fund distributes $0.75 in dividends. you redeem the shares for their nav of $12.03, but the fund charges a 5.5 percent exit fee. what percentage return do you earn on the investment?

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The percentage return on the investment is 12.93%.

To find the percentage return on the investment, we need to consider the dividend earned by the buyer before redemption.

So, The dividend earned = Number of shares * Dividend per share= 100 * $0.75= $75Now, we need to calculate the selling price of the shares after the exit fee is charged to the buyer. We have, The exit fee = 5.5% of $12.03 = 0.055 * $12.03 = $0.66Thus, the selling price of the shares after the exit fee is charged= 100 * ($12.03 - $0.66)= $1137.00Next, we will calculate the cost of the shares including the exit fee. We have, Cost of shares including the exit fee= 100 * $10.00 + $0.66 = $1006.66

So, the buyer earns a profit of= $1137.00 - $1006.66 = $130.34

The percentage return on the investment is given by

Profit Percentage = (Profit / Cost Price) x 100

Profit Percentage = ($130.34 / $1006.66) x 100

Profit Percentage = 12.93%

Therefore, the percentage return on the investment is 12.93%.

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in october of year 0, janine received a $22,475 payment from a client for 31 months of security services she will provide starting on september 1 of year 0. this amounts to $725 per month. janine is a calendar-year taxpayer. a. when must janine recognize the income from the $22,475 advance payment for services if she uses the cash method of accounting?

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Janine must identify the income from the $22,475 advance payment for services on the Cash basis of accounting, which means she must recognize the revenue when: She receives the money.

As a result, she must include the $22,475 in her earnings for the month in which she receives it, which is October of year 0.

The cash basis of accounting is a procedure for determining when income and expenses are recognized in accounting records. In contrast to the accrual basis of accounting, which records transactions when they happen, the cash basis records transactions only when they have been paid.

As a result, income is recorded only when it is received, and expenditures are recorded only when they are paid.

Based on the question, the cash basis of accounting is used in recognizing the $22,475 income. Consequently, it will be recorded in October of year 0.

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the (isc)2 cissp-issep concentrationfocuses on the knowledge area including systems lifecycle management, threat intelligence and incident managements. a. true b. false

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True. The (ISC)2 Certified Information Systems Security Professional (CISSP-ISSMP) Concentration focuses on the knowledge areas of systems lifecycle management, threat intelligence and incident management.

Systems lifecycle management deals with the development and maintenance of systems, identifying the tasks and processes necessary to build and operate systems, and determining the resources needed to complete the tasks. Threat intelligence and incident management are important areas for organizations to understand and use to protect their valuable assets.

Threat intelligence focuses on understanding the threats faced by organizations and how to mitigate them. Incident management focuses on responding quickly and effectively to security incidents and taking the necessary steps to prevent similar incidents from occurring in the future. Overall, these knowledge areas are important for organizations to understand in order to keep their systems secure.

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a result of the job analysis that summarizes the responsibilities and purpose of the job, the working conditions, and its relationship to other functions is a:

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A job description is a result of the job analysis that summarizes the responsibilities and purpose of the job, the working conditions, and its relationship to other functions.

It provides a clear and concise understanding of what is expected of the job role, outlining the main duties, responsibilities and required qualifications.

Job descriptions help organizations establish expectations and define performance objectives for employees. They also help job seekers understand the role they are applying for and determine if they are a suitable fit.

A job description can also be used to create job postings, helping to attract and retain quality employees.

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if a firm produces nothing, it still incurs its fixed costs. true/false

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True. Even if a firm generates nothing, its fixed costs must still be paid. A corporation has fixed costs even if it doesn't produce anything.

Even if a firm doesn't create anything, it still has fixed expenses. The term "fixed costs" refers to expenses like rent, salary, and insurance that do not change depending on the volume of output. Regardless of whether the company creates any product, these costs must be paid. Hence, the company must still cover its fixed costs even if it produces nothing. Raw materials and labour, on the other hand, are only incurred when the business creates output. As a result, the company does not have variable costs if it does not create anything.

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concord corporation employs a 5-day workweek and a september 30 year-end. normal weekly wages amount to $41760. if september 30 ends on a wednesday, what is the appropriate journal entry at fiscal year-end? select answer from the options below salaries and wages expense $41760 salaries andwages payable $41760 salaries and wages expense $25056 cash $25056 salaries and expense $8352 salaries and wages payable $8352 salaries and wages expense $25056 salaries and wages payable $25056

Answers

The appropriate journal entry at fiscal year-end would be as follows:

Option A: Salaries and wages expense $41760, salaries and wages payable $41760.

What is a journal entry?

A journal entry is an accounting process that records a transaction that occurs within a company's accounting system. The entry consists of two aspects: a debit entry and a credit entry.

What are the steps to record a journal entry?

Here are the steps to record a journal entry:

Identify the transaction and determine which accounts will be impacted.Use the proper notation for the debit and credit parts of the entry.Assign dollar amounts to both the debit and credit accounts.Write a brief narrative or explanation of the transaction.Compute the balance for each account included in the journal entry.Verify the accuracy of the journal entry.

The option that best represents the appropriate journal entry at fiscal year-end for Concord Corporation is A: Salaries and wages expense $41760, salaries and wages payable $41760.

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When should you start financial planning?
O A. Once you have priorities established,
regardless of age
O B. Before you start at your first paying job
O C. When you set up a 401(k) through your
employer, regardless of age
OD. When you make your first million dollars

ITS A

Answers

Answer:

A. Once you have priorities established, regardless of age

Explanation:

Answer:

a

Explanation:

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. given this information, the correct cost of goods sold figure for year 2 would be: multiple choice $295,800 $303,600 $271,200 $286,800 $258,000

Answers

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.

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a former client has filed a formal complaint against ajit, claiming he failed to properly disclose a material fact that the seller didn't disclose. which of these statements about ajit's liability is true?

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Statement 1. "Ajit may be liable if he operates in a state that requires licensees to make a reasonable effort to discover adverse material facts" is a true statement.

In some states, real estate licensees are required to disclose all known material facts about a property to their clients, and in some cases, they may also have a duty to make a reasonable effort to discover any adverse material facts that may not be readily apparent. If Ajit operates in a state with such requirements and failed to disclose a material fact, he may be held liable. The liability of a real estate agent, like Ajit, depends on various factors such as the laws and regulations in the relevant jurisdiction, the terms of the agreement between the agent and the client, and the specific circumstances of the case.

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The complete question is:
A former client has filed a formal complaint against ajit, claiming he failed to properly disclose a material fact that the seller didn't disclose. which of these statements about ajit's liability is true? 1. Ajit may be liable if he operates in a state that requires licensees to make a reasonable effort to discover adverse material facts. 2. Ajit is a fraud. 3. Ajit consult with an attorney who specializes in real estate law is a fraud. 4. He is filed for bankruptcy.

your retirement fund consists of a $7,000 investment in each of 12 different common stocks. the portfolio's beta is 1.20. suppose you sell one of the stocks with a beta of 0.8 for $7,000 and use the proceeds to buy another stock whose beta is 1.6. calculate your portfolio's new beta. do not round intermediate calculations. round your answer to two decimal places.

Answers

The portfolio's new beta is 15.20. A retirement fund is a type of financial account used by people to invest and save money for their later years. When a person retires and is no longer receiving a regular income from work, a retirement fund serves as a source of income.

We must apply the following formula to determine the new beta of the portfolio:

(Current Total Beta) - (Beta of Stock Sold) + (Beta of Stock Purchased) = (New Beta)

Let's first determine the portfolio's current overall beta:

Current Overall Beta equals 1.20 times 12 stocks, or 14.40.

After that, we must add the beta of the stock that was purchased (1.6) to the beta of the stock that was sold (0.8):

(14.40 - (0.8) + (1.6)) = New Beta = 15.20

As a result, the portfolio's new beta is 15.20.

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leandra needs to translate a report titled clean energy trends in brussels. for the task, she wants to hire a skilled translator who initially quoted a price of $20 per page. however, leandra feels she may be able to negotiate further and get the job done for $15. a volunteer with a little experience in translating has also agreed to do the work for just $10 per page. which rate should leandra quote in the budget section of her proposal?

Answers

The rate that Leandra should quote in the budget section of her proposal depends on several factors, including the quality and reliability of the translation, the turnaround time required, and her available budget.

While the volunteer translator is offering the lowest rate at $10 per page, it is important to consider the level of experience and quality of their work. If the translation is complex or requires specialized knowledge, it may be better to work with a more experienced translator who can ensure accuracy and quality. On the other hand, if the translation is relatively simple and straightforward, the volunteer translator may be a good option, especially if Leandra is working with a limited budget.

Ultimately, the decision should be based on a careful evaluation of the translators' experience, quality of work, and rates, as well as Leandra's available budget and timeline. Therefore, the rate that Leandra should quote in the budget section of her proposal depends on her specific needs and priorities, and should be determined through careful consideration of all available options.

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g 19. what is the price of a three-year, default-free security with a face value of $1000 and an annual coupon rate of 4%? what is the yield to maturity for this bond?

Answers

The yield to maturity for this bond is 3.85%.

There are a few steps to answer this question, so let's break it down:

Step 1: Calculate the coupon payment: The coupon rate is given as 4% of the face value. So the annual coupon payment is:4% x $1000 = $40

Step 2: Calculate the present value of the bond: The present value of the bond is the sum of the present value of each coupon payment plus the present value of the face value. Since the bond is default-free, we can use the yield to maturity as the discount rate. The bond has a 3-year maturity, so we will use that as the number of periods.

Using a financial calculator or Excel, we can find the present value of each coupon payment: [tex]PV = PMT / (1 + r)^n[/tex]

Where PV is the present value, PMT is the coupon payment, r is the yield to maturity, and n is the number of periods. So for the first coupon payment, n = 1 and PMT = $40: [tex]PV = $40 / (1 + r)^1[/tex]For the second coupon payment, n = 2 and PMT = $40: [tex]PV = $40 / (1 + r)^2[/tex] And so on, until we get to the final coupon payment, which is in year 3: [tex]PV = $40 / (1 + r)^3[/tex]

For the face value of $1000, the present value is simply:$1000 / (1 + r)3Then we add up all these present values to get the present value of the bond: [tex]PV = $40 / (1 + r)^1 + $40 / (1 + r)^2 + $40 / (1 + r)^3 + $1000 / (1 + r)^3[/tex]

Step 3: Solve for the yield to maturity: We now have an equation for the present value of the bond in terms of the yield to maturity, r. We can solve for r using trial and error, or we can use Excel's RATE function to find the yield to maturity. Either way, we get:r = 0.0385 or 3.85% (rounded to two decimal places)So the price of a three-year, default-free security with a face value of $1000 and an annual coupon rate of 4% is the present value of the bond, which is $1,107.87. The yield to maturity for this bond is 3.85%.

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a company can minimize unionization by: group of answer choices not hiring women workers and workers from ethnic minorities who are more likely to join unions. petitioning the national labor relations board to exempt it from the possibility of unionization. creating formal grievance systems for all its workers. making the union president its official spokesperson.

Answers

The best way for a company to minimize unionization is by creating formal grievance systems for all its workers. The correct option is C.

This way, the company can address any potential problems quickly and before they become large enough to require unionization. Additionally, having a strong employee-management relationship is key to avoiding unionization.

Alternatively, petitioning the National Labor Relations Board to exempt the company from the possibility of unionization could also be an option, although it might not always be successful.  Hiring workers who are less likely to join unions, such as women or ethnic minorities, is not a recommended strategy for minimizing unionization.

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moana is a single taxpayer who operates a sole proprietorship. she expects her taxable income next year to be $250,000, of which $200,000 is attributed to her sole proprietorship. moana is contemplating incorporating her sole proprietorship. using the single individual tax brackets and the corporate tax rate in tax rates at the end of the book, find out how much current tax this strategy could save moana (ignore any social security, medicare, or selfemployment tax issues). how much income should be left in the corporation?

Answers

Moana should leave some of her income in the corporation, as opposed to taking it out and including it in her personal income tax return. For example, if she keeps $50,000 of her income in the corporation, she will pay 21% in taxes on that amount and 24% on the remaining $150,000.

This strategy would save her money since the taxes would be calculated at the lower 21% corporate rate. Moana, a single taxpayer who operates a sole proprietorship, is considering incorporating her sole proprietorship to save on taxes.

This strategy could potentially save her money, depending on her taxable income for the upcoming year. If she expects her taxable income next year to be $250,000, of which $200,000 is attributed to her sole proprietorship, then the total amount of taxes she will pay will be based on her individual tax brackets.

According to the 2020 tax rate tables in the back of the book, if Moana earns $200,000 or less, she will be in the 24% tax bracket. However, if Moana incorporates her sole proprietorship, the corporate tax rate is only 21%. This means that she would save 3% on her total taxable income.

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when price functions as a signal, it group of answer choices inspires buyers and sellers to change behavior. aggregates information on the market in one measure. strengthens a buyer's or seller's position in the market. creates a line of communication between buyers and sellers.

Answers

Price serves as a signal to both buyers and sellers in the market. As a result, it inspires buyers and sellers to alter their conduct. The correct answer is A.

It provides information on the market in a single measure, allowing buyers and sellers to determine market trends, strengths, and weaknesses. Additionally, it strengthens a buyer's or seller's position in the market by revealing market conditions that may benefit them. Therefore, price is an important element of communication between buyers and sellers. It assists them in deciding whether to purchase or sell a product. Buyers may seek to purchase goods at a lower price, while sellers may wish to sell at a higher price. The market's demand and supply forces are also reflected in the price. Buyers and sellers must react quickly and change their behavior to the prevailing market conditions. Buyers and sellers must remain aware of current market trends and conditions, and the price provides a quick snapshot of this information.

Price aggregation provides a general sense of how the market is doing. It aids in the aggregation of data on the market and determining market trends. The price serves as a benchmark, providing market participants with an idea of how well their investment or product is performing relative to others. This provides valuable information to buyers and sellers, allowing them to make informed decisions on when to enter or exit the market.Price establishes a line of communication between buyers and sellers, which is essential for market efficiency. It assists in the development of a pricing strategy for both buyers and sellers. Buyers and sellers will communicate through the price, agreeing on a price that benefits both parties. This enables a buyer to obtain goods and a seller to obtain a fair price for their goods. This contributes to market efficiency and serves as a foundation for establishing long-term business relationships between buyers and sellers.

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which of the following is not an input to an mrp system?multiple choice order releases.actual orders.inventory receipts.bill of materials.

Answers

MRP stands for "Materials Requirements Planning" and is a tool that helps companies to plan their raw material needs based on their production schedules. Multiple Choice Order Releases are not an input to an MRP system. The correct answer is "Multiple Choice Order Releases."


Inventory Receipts are the actual physical items that have been received from suppliers or vendors. Actual Orders are customer orders that have been placed and accepted by the company. The MRP system will use the information from these orders to determine the quantity of parts.


Bill of Materials (BOM) is a list of all the components and materials required to create a finished product. Multiple Choice Order Releases are not an input to an MRP system. They are a type of order that customers can submit, in which they can choose from several options for their purchase.

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target profit a.equals differential costs. b.is when sales and costs are exactly equal. c.can be calculated by modifying the break-even equation.

Answers

Target profit (C) can be calculated by modifying the break-even equation.

The target profit is defined as the estimated amount of revenue or profit that a company plans to achieve from a particular investment or operation.

The aim of achieving target profit is to make a significant profit on the investment after all expenses have been met. The target profit helps in the decision-making process to decide whether the project or investment is viable or not.

The target profit can be calculated by modifying the break-even equation. The Break-even equation is a simple formula used to determine the minimum sales revenue that a company must generate in order to break even on its investment.

The modified break-even equation is given below:

Sales Revenue = Fixed Cost + Target Profit / Contribution Margin

Sales Revenue: It is the amount of revenue that the company plans to achieve.

Fixed Cost: It is the fixed cost incurred for the investment.

Target Profit: It is the estimated profit to be made on the investment.

Contribution Margin: It is the difference between the selling price and variable cost per unit of a product or service.

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which of the following statements is true of inditex's supply chain? question 16 options: it can deliver most goods in 24 hours in europe and the united states. it can be viewed as a push system. it is efficient rather than responsive. it avoids proximity sourcing as its products are expensive.

Answers

The statement that is true of Inditex's supply chain is that it can deliver most goods in 24 hours in Europe and the United States.

What is Inditex?

Inditex is a Spanish multinational clothing company. The company is headquartered in Arteixo, Spain, and has more than 7,000 stores across the world. Inditex is the world's largest fashion retailer. The company's success is due to its efficient supply chain management.

Inditex's supply chain management involves manufacturing and distributing its products to its retail stores in a matter of days. It has a unique business model that enables it to respond to customer demand quickly. Inditex's supply chain management is called a pull system.

It is a supply chain model where products are made based on customer demand. This system allows the company to reduce its inventory and improve its operational efficiency. Inditex's supply chain management is also efficient and responsive.

The company uses proximity sourcing, which means it sources its products from nearby countries to reduce its lead time and transportation costs. In conclusion, the statement that is true of Inditex's supply chain is that it can deliver most goods in 24 hours in Europe and the United States.

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sue owes $5,000 to the first national bank for a student loan which will come due on january 1 next year. she has been offered a two-year graduate fellowship, but she will not be able to pay the loan back if she accepts the fellowship. the bank manager tells sue that if she pays $3,000 now, they will forgive the loan. should sue accept the offer?

Answers

Yes, Sue should accept the offer from the bank manager to pay $3,000 now and have the loan forgiven.

This is a beneficial offer for her since she will not be able to pay the loan back in time when the loan is due on January 1 of next year due to her graduate fellowship.

By paying the $3,000, she will save herself from having to pay the full loan of $5,000 and the interest charges that would come with it.

Furthermore, she will be able to keep her fellowship and still pay off her loan in an economical way.

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question 2 imagine that a project manager has just begun working on a project for a trucking logistics company. the customer wants to see a proposal as soon as possible, but it is taking the project manager longer than expected because he needs more input from stakeholders and the project team. what should the project manager do to turn the project into a success?

Answers

To ensure the project's success, the project manager should ask the client for extra time to meet with stakeholders and the project team and give an accurate cost and timeframe proposal.

How do project managers work to make sure projects are finished on time?

This might be accomplished with as little as making a list of the actions that need to be completed to complete your project. For the organization of these tasks in complex projects, a WBS, a project management chart that helps with project visualization, may be helpful.

What are the top three requirements for a project to be successful?

Evaluate how sacrificing one of the three main constraints — time, money, or scope — will affect how you will assess the success of the project once it is complete. For some projects, for example, it may be considered a major achievement if the timetable was delayed by two weeks and the cost increased by 2%.

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what is the present value of $12,950 to be received 3 years from today if the discount rate is 5 percent?

Answers

Present Value = Future Value / (1+r)^n

Where:
Future Value = $12,950
r = 5%
n = 3 years

Therefore:

Present Value = $12,950 / (1+0.05)^3
Present Value = $12,950 / 1.157625
Present Value = $11,173.35
The present value of $12,950 to be received 3 years from today if the discount rate is 5 percent is $11,230.35.

What is Present Value?

The present value is a monetary value at a given moment in time, equivalent to a given sum of money that is expected to be received or paid in the future, discounted to reflect the time value of money.The formula to calculate Present Value= Future Value/(1+r)nWhere,FV= Future valuePV= Present value r= Rate of interestn= Number of yearsTime Value of MoneyThe time value of money concept says that an amount of money in the present is worth more than the same amount in the future. This is because money today can be invested to earn additional money over time. Also, the future value of money is uncertain due to factors such as inflation, market volatility, and changes in interest rates.

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When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in: o ritual consumption o external information search. o cognitive dissonance o business-to-business marketing o self-actalization

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the answer is b, external information search.

when the consumers want to buy something but don't have any knowledge regarding the product, they opt for different external sources. the different sources like advertisements, internet search, etc., helps to provide the consumer with relevant information to make a purchase. this is known as external information search.

External information search refers to the process of seeking out information from sources outside of oneself to make informed purchasing decisions.

When customers look beyond their personal knowledge and experience to help them in buying something, they are engaging in external information search. This refers to the process of seeking out information from sources outside of oneself to gather relevant knowledge and make informed purchasing decisions.

For example, a customer might read product reviews, compare prices, or ask friends for recommendations before making a purchase.

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output: transfers data to the people who will use it or to the activities for which it will be used. converts raw input into a meaningful form. is feedback that has been processed to create meaningful information that can be used by others. is information that is returned to appropriate members of the organization to help them evaluate the input stage. is the result of processing raw input data into meaningful information.

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Output is "transfers processed information to the people who will use it or to the activities for which it will be used". Thus, Option D is correct.

Output is the result of processing input data, which has been transformed into meaningful information and transferred to the appropriate people or activities to be utilized. It is a critical component of any information system as it enables individuals or processes to make informed decisions based on the processed data.

The output can take various forms, such as reports, graphs, dashboards, or alerts, depending on the intended audience and purpose. Effective output should be accurate, timely, relevant, and easily understandable, allowing users to take appropriate action based on the information presented.

Thus, Option D holds true.

This question should be provided as:

Output...

A) is feedback that has been processed to create meaningful information.B) is information that is returned to appropriate members of the organization to help them evaluate the input stage.C) transfers data to the people who will use it or to the activities for which it will be used.D) transfers processed information to the people who will use it or to the activities for which it will be used.

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debra took out a mortgage with a 6.6% interest rate when inflation was 2.9%. suppose inflation is now 4.4%. what would the (nominal) interest rate on a similar loan be today?

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The nominal interest rate on a similar loan would be 9% today if inflation is now 4.4%.

Suppose Debra took out a mortgage with a 6.6% interest rate when inflation was 2.9%. Now, inflation is 4.4%. We will use the Fisher effect to calculate the nominal interest rate for the new rate.

The Fisher Effect states that the real interest rate is equal to the nominal interest rate minus the inflation rate. It can be used to calculate the nominal interest rate for a particular period.

To calculate the nominal interest rate, the formula is as follows:

Nominal interest rate = Real interest rate + Inflation rate

Given that Debra took out a mortgage with a 6.6% interest rate when inflation was 2.9%, the real interest rate, i.e., the interest rate adjusted for inflation is:

Real interest rate = Nominal interest rate - Inflation rate

Real interest rate = 6.6% - 2.9%

Real interest rate = 3.7%

Now, if inflation is now 4.4%, the nominal interest rate can be calculated using the Fisher effect:

Nominal interest rate = Real interest rate + Inflation rate

Nominal interest rate = 3.7% + 4.4%

Nominal interest rate = 8.1%

Therefore, the nominal interest rate on a similar loan would be 8.1% today if inflation is now 4.4%.

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would a tax on cigarettes to be more effective at discouraging consumption over the long run or the short run?

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A tax on cigarettes is more effective at discouraging consumption over the long run than the short run. The government imposes taxes on goods to increase the price of the commodity to the consumer to reduce its use. Taxes on tobacco are meant to discourage smoking and tobacco use by increasing the cost of the product.

A tax hike on cigarettes will increase the price of cigarettes; thereby, reducing the demand for cigarettes by the consumers.Tobacco is a good example of a product with elastic demand. This means that when the price of cigarettes increases, it will reduce the demand for cigarettes by the consumers. In the short run, the consumers may not be able to quit smoking despite the price hike, and they may turn to cheaper, unregulated substitutes such as illicit cigarettes. However, in the long run, the consumers will adapt to the new price and find substitutes, such as vaping or e-cigarettes, which are less harmful and affordable than regular cigarettes. Therefore, in the long run, the tax will be more effective at reducing the consumption of cigarettes. The government can use the tax collected on cigarettes to fund anti-smoking campaigns or public health care. The revenue collected can also be used to fund smoking cessation programs or help those struggling with smoking addiction. Therefore, it is recommended to impose high taxes on cigarettes to discourage the consumption of cigarettes, which will have a positive effect on public health.

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life-stage segmentation allows marketers to create targeted, actionable, and campaigns based on how people consume and interact with brands. a) inexpensive b) professional c) multimedia d) social media e) personalized

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Life-stage segmentation allows marketers to create targeted, actionable, and effective campaigns based on how people consume and interact with brands.

This type of segmentation divides customers into different categories based on their current life stages, such as age, gender, family structure, and income. These segments are then used to create customized strategies that can effectively reach the desired target audience. Marketers can utilize different strategies such as inexpensive advertising, professional marketing materials, multimedia campaigns, social media engagement, and personalized interactions to reach these segments.

For example, a company targeting young adults might use inexpensive digital ads, while a company targeting an older demographic might use more traditional print materials. Social media campaigns can also be used to target specific segments and create a more personal connection with the brand.By leveraging life-stage segmentation, companies can effectively tailor their campaigns and create meaningful relationships with their target customers. This type of segmentation helps marketers to develop more effective and actionable campaigns that speak directly to their desired audiences.

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financial resources set aside to pay principal and interest on general long-term debt may be accounted for in which of the following fund types? group of answer choices private-purpose trust fund. debt service fund. principal and interest trust fund. internal service fund.

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The financial resources set aside to pay principal and interest on general long-term debt may be accounted for in which of the following fund types?The financial resources that are set aside to pay the principal and interest on general long-term debt may be accounted for in the debt service fund

.In municipal accounting, the Debt Service Fund is a fund that is separate from the General Fund and is used to account for and manage resources that are set aside to pay principal and interest on general long-term debt. In accounting, it is typically used to record financial resources set aside to pay for principal and interest on long-term debt. These funds can only be used for debt service purposes.In addition, any transactions or activities related to the issuance of long-term debt are also recorded in the debt service fund. This means that if an entity were to issue a bond or take out a loan, any payments made would be recorded in the debt service fund. The debt service fund is used for debt servicing, which includes principal and interest payments, as well as any other payments required under the terms of the debt instrument.

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the economy is in a recessionary gap, there is incomplete crowding out, and government implements expansionary fiscal policy. it follows that group of answer choices the recessionary gap will be completely eliminated. the price level will fall. real gdp will fall. the ad curve will shift to the right.

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Given that the economy is in a recessionary gap, there is incomplete crowding out, and the government implements expansionary fiscal policy. It follows that the AD curve will shift to the right. This implies that the recessionary gap will be completely eliminated. It is important to note that in a recessionary gap, there is a low level of aggregate demand, which causes high unemployment and low production.

The government uses fiscal policy, particularly expansionary fiscal policy, to boost aggregate demand and increase production levels. This policy involves increasing government spending and lowering taxes. As a result, the aggregate demand curve shifts to the right, as shown in the following diagram:

Figure 1: Effect of Expansionary Fiscal Policy on Aggregate DemandIn this diagram, AD1 shifts to AD2 as a result of expansionary fiscal policy. This shift results in the elimination of the recessionary gap. The economy moves from point A to point B, where real GDP and the price level increase. Therefore, it can be concluded that the correct answer is: the recessionary gap will be completely eliminated. The price level will rise. Real GDP will rise. The AD curve will shift to the right.

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