1.Provide definitions of throughput, inventory and operational expense given in The Goal. How do they compare with traditional definitions

Answers

Answer 1

Answer:

The Goal:

This involves increasing net profit and as this is done, return on investment is increased and cash flow is also increased.

Throughput can be defined as the rate by which money is being generated by the system through sales.

Inventory is all amount of money that is currently in the system. It is all the amount of money that has been invested in buying things which the system has intentions of selling.

Operational expense is all amount of money that has been spent by the system in trying to turn inventory into throughput.

Compared to traditional definitions they are almost basically with the same meaning.


Related Questions

Menard quit his high school teaching job, which paid $60,000 per year, to start a business that prepares students for the SAT exam. His first year in business generated the following revenues and costs: Menard's economic cost of SAT preparation is $____. 20,000 15,000 105,000 100,000

Answers

Answer: $105,000

Explanation:

Maynard's economic cost is the sum of both his implicit and explicit costs.

Explicit costs are the normal accounting costs of running a business which in this case are supplies and employee salaries.

Implicit costs are the opportunity costs which means that this is the benefit foregone from another alternative for the current decision one has made. In this case that would be the $60,000 Menard could have been making from his high school teaching job had he not quit to prepare students for the SATs.

Economic costs;

= Explicit + Implicit costs

= 30,000 + 15,000 + 60,000

= $105,000

If a portfolio of the two assets has an expected return of 7 percent, what is its beta? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

Answers

Answer:

the beta of the portfolio is 0.562

Explanation:

The computation of the beta is shown below:

As we know that

Expected return of portfolio = return of stock × weightage of stock + return of risk free asset × weightage of risk free asset

7% = 11% × weightage of stock + 2.4% × (1 - weightage of stock)

weightage of stock = 0.535

Now Beta of portfolio is

= 1.05 × 0.535

= 0.562

hence, the beta of the portfolio is 0.562

05. In identifying risks to then manage and control, as the portfolio
manager you are consulting organizational process assets such as:​

Answers

Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.

Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.

Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.

Choosing the right projects

How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.

Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.

Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.

A company issues 7% bonds with a par value of $70,000 at par on January 1. The market rate on the date of issuance was 6%. The bonds pay interest semiannually on January 1 and July 1. The cash paid on July 1 to the bond holder(s) is

Answers

Answer:

the amount of cash paid as on July 1 to the bond holder is $2,450

Explanation:

The computation of the amount of cash paid as on July 1 is shown below:

= Par value × rate of interest × semi-annual basis

= $70,000 × 7% × 6 months ÷ 12 months

= $2,450

Hence, the amount of cash paid as on July 1 to the bond holder is $2,450

We simply applied the above formula so that the correct value could come

And, the same is to be considered

I need help finding a name for my female cat that I get in a week. Any suggestions?

Answers

Answer:

AWWW SO CUTEEE!!! and how about Dolly or Lillith?

Explanation:

Aww, that’s cute my friend has one named Ash (Ashley for long) either way any name is good!

Explain which of the following items are money in the U.S. economy. Discuss your answers in terms of three functions of money. 1. US $100 2. Euro 3. Mona Lisa painting 4. American Express credit card

Answers

Answer:

$100

Mona Lisa painting

Explanation:

To start with, I will list the 3 primary functions of money, which are;

store of value,

unit of account, and

medium of exchange.

Going by the above, I would say that 2 of the 4 options presented before us are money, why so?

A $100 bill is definitely money, no much explanation is needed here, because it's used daily as a means of exchange between people

2. Euro is not a form of money in the US. While it is a form of money in many other places, it's not in the US because it doesn't satisfy the "medium of exchange" criteria of function of money. Euro can not be spent in a store or anywhere in the country, without it having been first exchanged into dollars

3. Mona Lisa painting, part of the functions of money is to store value, and I believe very much, a painting is a good store of money in that regard.

4. American Express credit card is not a form of money because unlike money

being used essentially, to pay for goods and services directly, a credit card is more or less, a store of wealth that is lent by the bank

A car's price is currently $20,000 and is expected to rise by 4% a year. If the interest rate is 6%, how much do you need to put aside today to buy the car one year from now

Answers

Answer:

the amount need to put aside is $19,623

Explanation:

The computation of the amount need to put aside is shown below;

= (Current car price × (1 + expected rise percentage)) ÷ (1 + rate of interest)

= ($20,000 × 1.04) ÷ 1.06

= $19,623

hence, the amount need to put aside is $19,623

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A manufacturing company incurs direct materials costs of $6 per unit. The total direct materials cost is______when the company manufactures 2,000 units.

Answers

Answer:

$12,000

Explanation:

The manufacturing company has a direct materials cost of $6

The company manufactures 2,000 unit

Therefore total direct material cost can be calculated as follows

= 2,000×6

= $12,000

Hence the total direct material cost of $12,000

Many firms offer substantial rebates by mail or coupons for discounts at the point of sale. The people who use the rebates or coupons have ______ than the people who don't use them.
a. greater price sensitivity.
b. less price sensitivity.
c. inverted price sensitivity.
d. the same price sensitivity.

Answers

Answer:

a. greater price sensitivity.

Explanation:

Price sensitivity can be defined as a measure of the degree to which the selling price of a product affects the purchasing behavior of a customer.

This ultimately implies that, a price sensitive customer is impacted negatively by the price of a product and as such would be stuck between making the decision of whether to buy or not buy the product.

Hence, when customers are paying the bill themselves, they are likely to be more price sensitive because they are solely responsible for the payment. Therefore, it's an innate nature of human to be less sensitive to the price of goods and services when it's another person paying for them or say when sharing the cost.

In this scenario, many firms offer substantial rebates by mail or coupons for discounts at the point of sale. Thus, the people who use the rebates or coupons have greater price sensitivity than the people who don't use them.

According to the rational-actor model, as the benefits of an activity rise a. we should observe fewer people undertaking the activity, because when benefits rise, costs usually rise by more. b. we should observe more people undertaking the activity. c. it is hard to predict how people will react, because some people are often irrational. d. the costs will rise too. e. none of the above

Answers

Answer: b.we should observe more people undertaking the activity

Explanation:

The rational actor model follows the theory of rational choice which believes that the behavior of individual actors make up the social behavior on the society and that the individual actors are all making their own individual decisions.

It should be noted that when there's an increase in the benefits of an activity, this will lead to more people enjoying the benefit as there will be more players.

Therefore, the correct option is B

In what type of business organization is each owner personally liable for all
business debts, even if the debts were created by other owners?

A. Proprietorship
B. S corporation
C. Corporation
D. Partnership

Answers

Answer:

A

Explanation:

It is the simplest form of business organization. Proprietorships have no existence apart from the owners. The liabilities associated with the business are the personal liabilities of the owner, and the business terminates upon the proprietor's death.

____ demonstrates that management has identified an acceptable risk level and provided resources to control unacceptable risk levels.

Answers

Answer:

Accreditation

Explanation:

Accreditation is usually known as  voluntary process. It occurs when  a private non-governmental organization or agency carry out an external review and gives recognition to a program of study or institution that meets certain pre-determined standards. Accreditation is usually carry out thoroughly and in an organized manner.

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. *Three pounds of raw material are needed to produce each unit of finished product. If Paradise Corporation plans to sell 545,000 units during next year, the number of units it would have to manufacture during the year would be:________
a) 492,000 units
b) 545,000 units
c) 575,000 units
d) 515,000 units

Answers

Answer: d. 515,000 units

Explanation:

If they plan to sell 545,000 units then given those beginning and ending balances of finished goods, they will have to manufacture;

= Sales + Ending balance - Beginning balance

= 545,000 + 63,000 - 93,000

= 515,000 units

An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor bought an additional 100,000 shares for $200,000. The entrepreneur now sells another 400,000 shares of stock to a venture capitalist for $1 million. What is the post-money valuation of the company?

Answers

Answer:

the post money valuation of the company is $1,750,000

Explanation:

The computation of the post money valuation is shown below:

Given that

Value of 400,000 shares is  $1 million.

So,

The Value of 1 share is

= $1 million ÷ 400,000

= $2.5

And,  

Total number of shares is

= 400,000 + 200,000 + 100,000

= 700,000

Now  

Total value of shares is

= $2.5 × 700,000

= $1,750,000

hence, the post money valuation of the company is $1,750,000

Professional Properties is considering remodeling the office building it leases to Heartland Insurance. The remodeling costs are estimated at $3.4 million. If the building is remodeled, Heartland Insurance has agreed to pay an additional $820,000 a year in rent for the next 5 years. The discount rate is 15 percent. What is the benefit of the remodeling project to Professional Properties? A) -$651,233 B) -$489,072 C) $5,214 D) $128,399 E) $311,417

Answers

Answer:

A) -$651,233

Explanation:

The computation of the benefit generated of the remodelling project is shown below:

If we considered the discounted rate i.e. 15% for 5 years of $820,000 so its present value would be $2,748,767 ($820,000 × 3.3521)

And, the predicted cost is $3,400,000

So here the cost is there instead of the benefit of

= $2,748,767 - $3,400,000

= -$651,233

Hence, the correct option is A

Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________
A) Income Summary
B) Retained Earnings
C) Other Income
D) Dividends
E) None of the Above

Answers

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

Macroeconomic is the branch of economics that focuses on ?

Answers

Answer:

economic principles affecting entire countries

Explanation:

The scatter plot shows the balance of a loan over the course of two years. Assuming the line of best fit for the given scatterplot is
y=-353.71x + 18,075, after how many months will the balance of the loan reach $0?

Answers

The time that it is going to take for the scatter plot to reach zero dollars is 51 months.

How to solve for the period using the line of best fit.

y=y=-353.71x + 18,075,

We have to set x to be 51

When x is 51,

We have y = -353.71 * 51 + 18,075

Hence at this period the answer would 0

Read more on the line of best fit here:

https://brainly.com/question/1518824

#SPJ2

Answer: D. 51 months

A.

32 months

B.

35 months

C.

47 months

D.

51 months

E.

63 months

Explanation: plato answer

Crane Corporation had net income of $2040000 and paid dividends to common stockholders of $303000 in 2017. The weighted average number of shares outstanding in 2017 was 510000 shares. Crane Corporation's common stock is selling for $36 per share on the NASDAQ. Crane Corporation's price-earnings ratio is

Answers

Answer:

9 times

Explanation:

The computation of price earning ratio is as seen below;

Earning per share = Net income ÷ Weighted average outstanding shares

= $2,040,000 ÷ 510,000

= 4

Price earning per share = Market price per share ÷ Earning per share

= $36 ÷ 4

= 9 times

Therefore, Crane Corporation's price earning ratio is 9 times

ix company issued 16,000 shares of $10 par value common stock at a market price of $21. as a result of this accounting event, the amount of stockholders equity would

Answers

Answer:

increase by $336,000.

Explanation:

Options are "1. increase by $176,000.  2. increase by $336,000.  3. increase by $160,000.  4. be unaffected."

Common stock will increase by $160,000, the par value, and paid-in capital in excess of par value will increase by $176,000, for a total increase in stockholders' equity of $336,000.

acc 340 Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost $12 each. During the month, the company made two purchases: 3,000 units at $13 each and 12,000 units at $13.50 each. Checkers also sold 12,900 units during the month. Using the LIFO method, what is the ending inventory

Answers

Answer:

$113,700

Explanation:

Last in first out (LIFO) is an inventory management method, in which the cost of the most recent product bought are the first to be charged to expenses.

With regards to the above question, we'll have;

Inventory sold = (12,000 × $13.5) + (900 × $13) = $173,700

Ending inventory = [7,200 × $12] + [(3,000 - 900) × $13]

Ending inventory = $86,400 + $27,300

Ending inventory = $113,700

Therefore, the ending inventory using LIFO is $113,700

The economy is part of that influences all organizations

Answers

i’m not sure but good luck
What are you talking about?

The internal rate of return method is not subject to the limitations of the net present value method when comparing projects with different amounts invested because:_____.
A. The internal rate of return is expressed as a percent rather than the absolute dollar value of present value.
B. The internal rate of return is expressed as an absolute dollar value rather than the percent of net present value.
C. The internal rate of return reflects the time value of money rather than the absolute dollar value of present value.
D. The internal rate of return is expressed as an absolute dollar value rather than the time value of money used in net present value.
E. The internal rate of return is expressed as a percent rather than the accrual income method used in net present value.

Answers

Answer: A. The internal rate of return is expressed as a percent rather than the absolute dollar value of present value.

Explanation:

The internal rate of return is used in calculating the rate of return for the investment of a company. During the calculation, external factors like cost of capital, inflation, risk free rate are all excluded.

The internal rate of return method is not subject to the limitations of the net present value method when comparing projects with different amounts invested because it's expressed as a percent rather than the absolute dollar value of present value..

To use an outline for writing a formal business document, what should you do after entering your bottom-line statement? O A. Move the bottom-line statement to the end of the document. OB. Write a topic sentence for every detail. O C. Enter each supporting detail from the outline on a separate line. O D. Enter each major point from the outline on a separate line. ​

Answers

Answer:

enter each major point from the outline on a separate line

Explanation:

Kk

Answer:

D : Enter Each Major Point From The Outline On a Separate Line

Explanation:

AP3X

pog

When dealing with tangible products, consistency is usually measured in terms of:_____.
A. Features.
B. Attributes.
C. Systems.
D. Defects.

Answers

Answer:

D. Defects

Explanation:

In order to meet the unending needs and wants of consumers, to satisfactorily provide products that meets their requirements, tastes or preferences various manufacturing companies use five (5) main methods of production, and these are; labour-intensive production, mass production, batch production, capital-intensive production and job production.

Generally in Economics, the question of how goods are produced, determines how resources are combined in the production of goods.

This ultimately implies that, before a manufacturer produce its goods it determines the amount of resources that are available. These resources that are to be combined for the purpose of production of goods are entrepreneur, land, labor, and capital, which are generally referred to as the four (4) factors of production.

A tangible product refers to any product that can be physically touched by the end users or consumers such as electronic gadgets, bread, furniture, cooking utensils, etc.

When dealing with tangible products, consistency is usually measured in terms of defects. Any goods (products) manufactured by a company that is consistently devoid of defects such as broken parts or missing parts is generally considered to be of high quality and as such consumers would feel safe to use or buy such tangible products at all times.

Under the principle of lower of cost and net realizable value, when a company has 10 units of inventory A with net realizable value of $50 and a cost of $60, what is the adjustment

Answers

Answer:

Dr Cost of Goods Sold $100

Cr Inventory $100

Explanation:

Calculation for the Adjustment

Based on the information given we were told that in a situation where a company has 10 units as inventory A which include a net realizable value of the amount of $50 and a cost of the amount of $60 Under the principle of lower of cost as well as net realizable value the adjustment will be:

Dr Cost of Goods Sold $100

Cr Inventory $100

(10 units x $10 price reduction)

Calculation for price reduction

Cost $60

Realizable value $50

Price reduction $10

Which approach is a positive way to deal with conflicts?

Answers

Answer:

trying to evaluate the situation from all diff perspectives

Allison Corp. has just issued nonconvertible preferred stock (cumulative) with a par value of $20 and an annual dividend rate of 4.25%. The preferred stock is currently selling for $18.75 per share. What is the annual yield or return (r) on this preferred stock

Answers

Answer:

4.5%

Explanation:

Calculation for the annual yield or return (r) on this preferred stock

Using this formula

PVper = PMT / r

Where,

PVper =$18.75

PMT =(4.25%*$20)=0.85

Let plug in the formula

$18.75 = 0.85 / r

r = 0.045*100

r= 4.5%

Therefore the annual yield or return (r) on this preferred stock will be 4.5%

Suppose the demand function for good X is given by: Q_dx = 15-0 5P_x - 0.8 P y where Q_dx is the quantity demanded of good X, P_x is the price of good X, and P_y is the price of good Y, which is related to good X. a. Using the midpoint method, if the price of good Y is $10 and the price of good X decreases from $5 to $3, what is the price elasticity of demand for good X? Is the demand elastic, unitary elastic, or inelastic? b. Good X and Good Y are related as c. Using the midpoint method, if the price of good X is $10 and the price of good increases from $8 to $10, the cross price elasticity of demand is about

Answers

Answer:

a. Price elasticity of demand for good X is -0.80; and the demand is inelastic.

b. Good X and Good Y are related as complements.

c. The cross price elasticity of demand is about -2.57%.

Explanation:

Note: There is an error in the demand function for good X. This is therefore corrected by restating the function as follows:

Q_dx = 15 - 0.5P_x - 0.8 P_y …………………………… (1)

a. Using the midpoint method, if the price of good Y is $10 and the price of good X decreases from $5 to $3, what is the price elasticity of demand for good X? Is the demand elastic, unitary elastic, or inelastic?

From the question and equation (1), we have:

Old price of good X = Old P_x = $5

New price of good X = New P_x = $3

New quantity demanded of good X = New Q_dx = 15 - (0.5 * 3) - (0.8 * 10) = 5.50

Old quantity demanded of good X = New Q_dx = 15 - (0.5 * 5) - (0.8 * 10) = 4.50

Ordinarily, the formula for calculating the price elasticity of demand is as follows:

Price elasticity of demand = Percentage change in quantity demanded of good X / Percentage change in price of good X ................ (1)

Where, based on the midpoint formula, we have:

Percentage change in quantity demanded of good X = {(New quantity demanded of good X - Old

quantity demanded of good X) / [(New quantity demanded of good X + Old quantity demanded of good X) / 2]} * 100 = {(5.50 - 4.50) / [(5.50 + 4.50) / 2]} * 100 = 20%

Percentage change in price = {(New price of good X - Old price of good X) / [(New price of good X + Old Price of good X) / 2]} * 100 = {(3 - 5) / [(3 + 5) / 2]} * 100 = -25%

Substituting the values into equation (1), we have:

Price elasticity of demand for good X = 20% / -25% = -0.80

Therefore, the price elasticity of demand (based on the midpoint formula) when price decreases from $5 to $3 is -0.80.

Since the absolute value of the price elasticity of demand for good X i.e. |-0.80| is less than one, the demand is inelastic.

b. Good X and Good Y are related as

From equation (1) above, the coefficient P_Y is -0.80 which shows that it has a negative sign.

The negative sign indicates Good X and Good Y are related as complements. This implies that as price of Good Y falls, the quantity demand of Good X increases.

c. Using the midpoint method, if the price of good X is $10 and the price of good Y increases from $8 to $10, the cross price elasticity of demand is about

From the question and equation (1), we have:

Old price of good Y = Old P_y = $8

New price of good Y = New P_y = $10

New quantity demanded of good X = New Q_dx = 15 - (0.5 * 10) - (0.8 * 10) = 2

Old quantity demanded of good X = New Q_dx = 15 - (0.5 * 10) - (0.8 * 8) = 3.60

Ordinarily, the formula for calculating the cross price elasticity of demand is as follows:

Cross price elasticity of demand of goods X and Y = Percentage change in quantity demanded of good X / Percentage change in price of good Y ................ (2)

Where, based on the midpoint formula, we have:

Percentage change in quantity demanded of good X = {(New quantity demanded of good X - Old

quantity demanded of good X) / [(New quantity demanded of good X + Old quantity demanded of good X) / 2]} * 100 = {(2 - 3.60) / [(2 + 3.60) / 2]} * 100 = -57.1428571428572

Percentage change in price of good Y = {(New price of good Y - Old price of good Y) / [(New price of good Y + Old Price of good Y) / 2]} * 100 = {(10 - 8) / [(10 + 8) / 2]} * 100 = 22.2222222222222

Substituting the values into equation (2), we have:

Cross price elasticity of demand of good X and Y = -57.1428571428572 / 22.2222222222222 = -2.57142857142857

Rounding to 2 decimal places, we have:

Cross price elasticity of demand of good X and Y = -2.57

Therefore, the cross price elasticity of demand is about -2.57%.

Note: This confirms that the relationship between Good X and Good Y is complement because the cross-price elasticity between them is negative. That is, an increase in the price of Good Y makes consumer to buy less of Good X which is a complement.

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $37,500; net cash used in investing activities was $13,800 and net cash used in financing activities was $17,700. If the beginning cash balance is $6,900, what is the ending cash balance?
a) $75,900.
b) $62,100.
c) $40,500.
d) $6,000.
$12,900.

Answers

Answer:

e. $12,900

Explanation:

Given that:

Net Cash provided by operating activities = $37,500

Net Cash used in investing activities = $13,800

Net Cash used in financing activities = $17,700

Beginning cash balance = $6,900

Stormer company's ending balance would be;

= Beginning cash balance + Net cash provided by operating activities - Net cash used in financing activities - Net cash used in investing activities

= $6,900 + $37,500 - $17,700 - $13,800

= $12,900

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