Answer: Min Z = X1 + 0.50X2
Explanation:
Based on the information given in the question, the appropriate objective function for this scenario will be explained this:
Let X1 be the number of dog food cans which will be bought
Let X2 be the number of cat food cans which will be bought
Then, the objective function will be:
Min Z = 1X1 + 0.50X2
The appropriate objective function for this scenario is Min Z = X1 + 0.50X2
Objective function:Since in her purse there is $40 also there is four hungry dogs and seven hungry cats at home. Dog food costs $1 per can and cat food costs $0.50 per can.
So based on this, here we assume that X1 be the no of dog And, X2 should be no of cat
So, the objective function is Min Z = X1 + 0.50X2
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In order to use moving averages to forecast a time series, the first step is to select the order k, the number of time series values to be included in the moving average.
a) true
b) false
A project with an initial investment of $461,300 will generate equal annual cash flows over its 10-year life. The project has a required return of 8.1 percent. What is the minimum annual cash flow required to accept the project
Answer:
The minimum annual cash flow required to accept the project is:
= $63,883.17
Explanation:
a) Data and Calculations:
Initial investment cost of the project = $461,300
Project's estimated life = 10 years
Project's required return rate = 8.1%
The minimum annual cash flow required to accept the project is derived from an online financial calculator as follows:
N (# of periods) 10
I/Y (Interest per year) 8.1
PV (Present Value) 461300
FV (Future Value) 0
Results:
PMT = $63,883.17
Sum of all periodic payments = $638,831.69
Total Interest = $177,531.69
The following are all characteristics of projects EXCEPT: A. Projects are complex, involving a variety of skills and capabilities. B. Projects have a clear starting and ending point. C. Projects typically require significant levels of cross-functional and inter-organizational coordination. D. Projects are non-routine, making planning difficult. E. Projects are companies that launch a new, sustainable business model.
Answer:
E. Projects are companies that launch a new, sustainable business model.
Explanation:
project can be regarded as series of tasks which is under processing and need to be completed so that specific outcome can be reached. A project can as well be regarded as a set of both outputs and inputs that it's needed in achieving a particular goal. Projects can simple or complex one , managing of project can be by one person or a hundred.
It should be noted that following are all characteristics of projects;
✓ Projects are non-routine, making planning difficult.
✓Projects are complex, involving a variety of skills and capabilities.
✓ Projects have a clear starting and ending point.
✓Projects typically require significant levels of cross-functional and inter-organizational coordination.
When Kimberly finds out that members of her team are using unethical practices to make sales and obtain information, her solution is to hold a Code of Ethics workshop. Is this an appropriate response for her to have?a. Yes; as the manager of these two employees, she is responsible for making sue they know what the expectations of behavior are. b. Yes; she is not allowed to take any disciplinary actions. c. No; she should fire both of them immediately. d. No; it is not her responsibility to educate these employees. They should be in charge of deciding their own ethical behavior.
Answer:
The answer is "Option a".
Explanation:
If Kimberly discovers if her team members use immoral techniques in sales and information, then can organize a workshop on the code of ethics. It is responsible for making sure that he knows the standards of conduct, which is the proper answer for her supervisor of the 2 employees. This code of ethics focuses on people and organizations' values and standards for governing their decisions, as well as on distinguishing the difference between right and wrong.
Xinhong Company is considering replacing one of its manufacturing machines. The machine has a book value of $45,000 and a remaining useful life of 5 years, at which time its salvage value will be zero. It has a current market value of $55,000. Variable manufacturing costs are $33,400 per year for this machine. Information on two alternative replacement machines follows.
Alternative A Alternative B
Cost $ 119,000 $ 112,000
Variable manufacturing costs per year 23,000 10,200
Calculate the total change in net income if Alternative A, B is adopted. Should Xinhong keep or replace its manufacturing machine? If the machine should be replaced, which alternative new machine should Xinhong purchase?
Answer and Explanation:
The computation is shown below;
For Alternative A
Cost to buy new machine -$119,000.00
Cash received $55,000.00
Reduction in variable manufacturing cost ($33400 - $23000) ×5 $52,000.00
Total change in net income -$12,000.00
For Alternative B
Cost to buy new machine -$112,000.00
Cash received $55,000.00
Reduction in variable manufacturing cost ($33400 - $10200) × 5 $116,000.00
Total change in net income $59,000.00
So here Xinhong should purchase a machine that belong from Alternative B.
If planned aggregate expenditure (PAE) in an economy equals 2,000 0.8Y and potential output (Y*) equals 11,000, then this economy has
Answer: a recessionary gap
Explanation:
Equilibrium occurs where the planned aggregate expenditure is equals to the income Y.
Therefore, based on the question given, for this economy,
(2,000 + 0.8Y) = Y
Y - 0.8Y = 2000
0.2Y = 2000
Y = 2000/0.2
Y = 10,000.
Since potential output Y* is given as 11,000, then there's a recessionary gap since the actual output is lower than the potential output.
Quantity (Units) Private Value (Dollars) Private Cost (Dollars) External Cost (Dollars)
1 46 21 6
2 44 24 6
3 42 27 6
4 40 30 6
5 38 33 6
6 36 36 6
7 34 39 6
The table represents a market in which:
a. there is no externality
b. there is a positive externality.
c. there is a negative externality.
d. The answer cannot be determined from inspection of the table.
Answer:
c. there is a negative externality.
Explanation:
At the time when one individual actions develops the benefits for others but at the same time they dont pay so it is to be known as positive externality
At the time when one individual action develops loss but the other who received the loss because of the action of the person so for this they didnt get the compensation so it is the negative externality
As we can see that there is three types of values so the correct option is c.
Which is the right Sales Funnel?
Answer:
awareness and Discovery
4. You want to take out a fully-amortizing 30-year mortgage. You can afford monthly payments of $600 each. The interest rate is 9%. How much money can you borrow?
Answer: $74569
Explanation:
Based on the information given in the question, the amount that can be borrowed is explained below:
Present value of annuity will e calculated as:
= 600 × [1-(1+0.09/12)^-(12 ×30)] / (0.09/12)
= 600 × [1-(1+0.0075)^-(360)] / 0.0075
= 600 × 1-(1.0075)^-(360)] / 0.0075
= 600 × [1-0.0678860074] / 0.0075
= 600 × 124.282
= 74569
The amount that can be borrowed is $74569
packaging materials for processed
Answer:
Types of packaging material used in food
Plastics. Plastics are organic polymeric materials that can be molded into the desired shape. ...
Metals (steel, tin, aluminum) The main use of these metals is the preservation of canned foods and beverages. ...
Glass. ...
Wood, cardboard and papers. ...
Advances in packaging techniques.
Xavier is hired to perform at a festival. He was hired for his unique signing ability. When the performance date arrived, Xavier delegated his singing responsibility to Jorge. The festival sued Xavier. Who will win
Answer:
The festival, since this involved an invalid assignment of rights
Explanation:
In the given situation, the festival would be the winner of the case as it hired the xavier for the ability related to the unique signing. Also, xavier is delegated to the singing responsibility for jorge i.e. not valid right assignment
Therefore the above should be the answer and the same is relevant
All the other options are wrong
A firm sells two products, Regular and Ultra. For every unit of Regular sold, two units of Ultra are sold. The firm's total fixed costs are $1,612,000. Selling prices and cost information for both products follow. The contribution margin per composite unit is: Product Unit Sales Price Variable Cost Per Unit Regular $ 20 $ 8 Ultra 24 4 Multiple Choice
Answer:
$12
$20
Explanation:
contribution margin = price - variable cost
20 - 8= 12
24 - 4 = 20
One of the examples given by Agnew and Brezina as a way to reduce crime by reducing situational strains is to:
Answer:
Reduce the amount of media violence.
Explanation:
Reducing crime reducing situational stains is the method to minimize the impact of crime and being it public. Media is the most effective way which reports details of crime very quickly. Agnew and Brezina had tried to reduce the impact of crime and avoid distribution of details to public about the reported crime to reduce situational stains.
Suppose the market price of corn is $5.50 per bushel. Which of the following is not one of the three conditions that will need to be satisfied for the corn market to be in equilibrium at this price? A. Both the buyers and sellers of corn could benefit by making small changes to their market behaviors. B. The cost to corn farmers of growing the corn must be less than $5.50 per bushel. C. The quantity of corn produced by corn farmers will equal the quantity purchased by buyers. D. The buyers of corn will only use it for activities that they feel are worth at least $5.50 per bushel.
Answer:
A
Explanation:
Assume that a company pays a 5% sales commission Also, assume the job cost sheet for Job X shows that (1) it used 18 direct tabor-hours and incurred direct materials and direct labor charges of $500 and $360, and (2) its unit product cost is $27.35. If Job X contained 40 units, then what is the plantwide predetermined overhead rate per direct labor-hour?
a. $15.00
b. $60.78
c. $13.00
d. $47.78
Answer:
c. $13.00
Explanation:
The computation of the plantwide predetermined overhead rate is given below;
Given that
Direct labor hour used = 18
Direct material cost = $500
Direct labor cost = $360
Unit product cost = $27.35
So,
Total cost of Job = Number of unit × Unit product cos
= 40 × 27.35
= $1,094
Now
Total cost of Job = Direct material cost + Direct labor cost + Overhead applied
1,094 = 500 + 360 + Overhead applied
Overhead applied = $234
Now
Overhead applied = Direct labor hour used × Plantwide predetermined overhead rate
234 = 18 × Plantwide predetermined overhead rate
Plantwide predetermined overhead rate = $13 per direct labor hour
The plantwide predetermined overhead rate per direct labor-hour is $13 per DLH
Given Information
Direct labor hour used = 18
Direct material cost = $500
Direct labor cost = $360
Unit product cost = $27.35
Total cost of Job = Number of unit × Unit product cost
Total cost of Job = 40 × 27.35
Total cost of Job = $1,094
Total cost of Job = Direct material cost + Direct labor cost + Overhead applied
1,094 = 500 + 360 + Overhead applied
Overhead applied = $234
Overhead applied = Direct labor hour used × Plantwide predetermined overhead rate
234 = 18 × Plantwide predetermined overhead rate
Plantwide predetermined overhead rate = $13 per direct labor hour
Hence, the plantwide predetermined overhead rate per direct labor-hour is $13 per DLH.
Therefore, the Option C is correct.
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A cleaning product company is having trouble with the pH control of one of their products. The product should be slightly basic but the pH is too high. What could the company try to correct the pH of the product
Answer:
sodium hydroxide to raise and acidic solutions to drop ph
Explanation:
how to lower and make highee
Promotional expenses at the maturity stage of the product life cycle are often designed to Multiple Choice maintain market share. create a sense of nostalgia. attract more price-conscious consumers. thwart the growing number of competitors that have entered the market. convince those who have abandoned the brand to try it again.
Answer:
maintain market share.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.
Promotional expenses that are incurred at the maturity stage of the product life cycle are often designed by marketers to maintain market share. This is usually achieved through further product differentiation and finding new buyers (consumers).
On December 30, you decide to make a $2,500 charitable donation. (Assume you itemize your deductions.) (a) If you are in the 24 percent tax bracket and you expect to itemize your deductions, how much will you save in taxes for the current year
Answer:
$600
Explanation:
Calculation to determine how much will you save in taxes for the current year
Using this formula
Tax savings = Tax rate × Tax deduction
Let plug in the formula
Tax savings= 0.24 × $2500
Tax savings =$600
Therefore how much will you save in taxes for the current year is $600
Suppose you borrow at the risk-free rate an amount equal to your initial wealth and invest in a portfolio with an expected return of 16% and a standard deviation of returns of 20%. The risk-free asset has an interest rate of 4%. Calculate the expected return on the resulting portfolio.
Answer: 28%
Explanation:
First, we have to make an assumption that the initial wealth is 100, then the weight of the risk free asset will be:
= Amount invested in risk free / Initial wealth
= -100/100
= -1
The weight of the portfolio will be calculated as:
= 1 - weight of risk free asset
= 1-(-1)
= 1 + 1
= 2
Therefore, the expected return on the resulting portfolio will be:
= 2 × 16 + [(-1) × 4]
= 32 - 4
= 28
Managerial implications for the SDT theory include: Group of answer choices to motivate high performance for uninteresting jobs make performance contingent on extrinsic rewards. All of these. to motivate high performance for uninteresting jobs make performance contingent on intrinsic rewards. focus on the hygiene factors in order to reduce dissatisfaction and increase intrinsic motivation to enhance intrinsic motivation for interesting jobs be sure individuals receive large pay bonuses for high achievement
Answer:
to motivate high performance for uninteresting jobs make performance contingent on extrinsic rewards.
Explanation:
Extrinsic rewards means the motivation i.e. controlled and produced via payment, awards and appreciations. In the case when the job is not interesting so the motivation level should be high in this situation and when the job is interesting the motivation level should not high
So as per the given situation, the above statement should be considered as an answer
Daschle LLC completed some research and development during June of the current year. The related costs were $69,600. If Daschle wants to capitalize and amortize the costs as quickly as possible, what is the total amortization amount Daschle may deduct during the current year
Answer:
The answer is "8073.6".
Explanation:
Given:
Cost[tex]=69,600\\\\[/tex]
Total years[tex]= 5 \ or\ 60\ months\\\\[/tex]
total months during the year[tex]=7\\\\[/tex]
Calculating the Amortization expense:
[tex]= 69,600 \times \frac{7}{60}\\\\= 6,960 \times \frac{7}{6}\\\\= 6,960 \times 1.16\\\\=8073.6[/tex]
Neptune Company produces toys and other items for use in beach and resort areas. A small, inflatable toy has come onto the market that the company is anxious to produce and sell. The new toy will sell for $3.30 per unit. Enough capacity exists in the company’s plant to produce 30,200 units of the toy each month. Variable expenses to manufacture and sell one unit would be $2.08, and fixed expenses associated with the toy would total $54,766 per month. The company's Marketing Department predicts that demand for the new toy will exceed the 30,200 units that the company is able to produce. Additional manufacturing space can be rented from another company at a fixed expense of $2,738 per month. Variable expenses in the rented facility would total $2.31 per unit, due to somewhat less efficient operations than in the main plant.
Required:
1. What is the monthly break-even point for the new toy in unit sales and dollar sales?
2. How many units must be sold each month to attain a target profit of $12,474 per month?
3. If the sales manager receives a bonus of 20 cents for each unit sold in excess of the break-even point, how many units must be sold each month to attain a target profit that equals a 29% return on the monthly investment in fixed expenses?
Answer:
1) Break-even point in unit sales: 51,680 units
Break-even point in dollar sales: $144,704
2) The units that must be sold each month to attain a target profit of $12,474 per month are:
= 63,669 units
3) The units that must be sold each month to attain a target profit that equals a 29% return on the monthly investment in fixed expenses are:
= 108,574 units
Explanation:
1. On the first 30,200 units
Sales price $3.30
Variable expenses $2.08
Contribution margin $1.22
Above 30,200 units
Sales price $3.30
Variable expenses $2.31
Contribution margin $0.99
Fixed cost for initial 30,200 units = $54,766
Less: Contribution Margin (30,200 units * $1.22) + $36,844
Remaining uncovered cost = $17,922 ($54,766 - $36,844)
Monthly rental for additional space = $2,738
Total fixed costs covered by remaining sales = $20,660 ($17,922 + $2,738)
Required units = $20,660 / 0.99 = 20,869 units
Breakeven units = 30,200 + 20,869= 51,069 units
51,069 * $3.3 = $168,528
2)
Working: $12,474 / 0.99 = 12,600 units
Thus total units = 51,069 + 12,600 = 63,669
3)
Working: Desired monthly expenses: $54,766 + $2,738 = 57,504
57,504 * 20% = 11,501
Unit contribution margin: 0.99 - 0.20 = 0.79
Contribution margin = Target profit / Unit contribution margin = 11,501 / 0.20 = 57,505 units
51,069 units + 57,505 units = 108,574 units
A startup jewelry company wants to research designs from its potential new jewelry line. It has little money to devote to the research. Which combination of research methods would best suit its situation
Answer:
Mail and online research.
Explanation:
Since in the given situation, it can be seen that the company does not have much amount to be incurred on the research so the best option is to do online research and mail as the person research and the telephone research becomes expensive as compared to the mail and online research
Therefore the above should be the answer
Health and Wealth Company is financed entirely by common stock that is priced to offer a 15 percent expected return. If the company repurchases 25 percent of the common stock and substitutes an equal value of debt yielding 6 percent, what is the expected return on the common stock after refinancing
Answer: 18%
Explanation:
The expected return on the common stock after refinancing will be calculated thus:
Let's assume that common stock is 1000. Therefore, return will be:
= 15% × 1000 = 150
Since 25% of the common stock is repurchased, this will be:
= 25% × 1000 = 250
Then, this 250 is financed by debt at 6%, and this will be:
= 6% × 250 = 15
Then, the new return will be:
= 150 - 15 = 135
Expected Return will now be:
= 135/(1000 - 250)
= 135/750
= 18%
Bob agreed to tutor Lola in Spanish for two (2) hours and Lola agreed to pay $25.00 per hour for the tutoring services. Bob tutored Lola and she paid Bob $50.00. This means that the parties have been _____.
Answer: discharged by performance
Explanation:
When parties to a contract are discharged from their duties as per the contract, it means that they are no longer party to the agreement. When this is done by performance, it means that the discharge was done because both parties have fulfilled the demands of the contract.
Bob agreed to tutor Lola for two hours and Lola agreed to pay Bob $50 for that. Bob then tutored her for the two hours and was paid the amount. The parties have therefore fulfilled their obligations to each other and so the contract has been satisfied.
At the present time, Water and Power Company (WPC) has 10-year noncallable bonds with a face value of $1,000 that are outstanding. These bonds have a current market price of $1,495.56 per bond, carry a coupon rate of 10%, and distribute annual coupon payments. The company incurs a federal-plus-state tax rate of 25%. If WPC wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (Note: Round your YTM rate to two decimal place.)
a. 3.53%
b. 3.38%
c. 2.35%
d. 2.94%
Answer:
d. 2.94%
Explanation:
First, Calculate the Yield to maturity of the bond using the following formula
Use the following formula to calculate the YTM
P = [ C x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]
Where
F = Face value = $1,000
P = Price = $1,495.56
C = Coupon payment = Face value x Coupon rate = $1,000 x 10% = $100
n = numbers of periods = Numbers of years to maturity = 10 years
r = YTM = ?
Placing values in the formula
$1,495.56 = [ $100 x ( 1 - ( 1 + r )^-10 ) / r ] + [ $1,000 / ( 1 + r )^10 ]
r = 3.916%
Now calculate the after-tax cost of debt
After-tax cost of debt = YTM x ( 1 - Tax rate )
After-tax cost of debt = 3.916% x ( 1 - 25% )
After-tax cost of debt = 2.937%
After-tax cost of debt = 2.94%
A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday. If the monthly accounting period ends on Thursday and the employees worked through Thursday, the amount of salaries earned but unpaid at the end of the accounting period is:_____.
a. $4,000.b. $800.c. $1,600.d. $2,400.e. $3,200.
Answer:
$1,440
Explanation:
A company pays it's employees $1800 each Friday
This amounts to $360 per day
Therefore the amount of a salaries earned but unpaid is
= 360×4
= $1,440
When equipment is sold for cash, the amount received is reflected as a cash :_________ a) inflow in the operating section. b) inflow in the financing section. c) inflow in the investing section. d) outflow in the operating section.
Answer: c. inflow in the investing section
Explanation:
The cash flow statement is prepared in order to determine the ending cash balance which is done by considering the cash that's generated from various activities of the business.
Equipment is regarded as a long term asset, and therefore when it's sold for cash, it's being regarded as an indicator for investing activities section.
Capital allocation line is _______________ Question 18 options: plot of risk-return combinations available by varying portfolio allocation between a risk-free rate and a risky portfolio None of the options are correct plot of risk-return combinations available by varying portfolio allocation between two risky assets plot of risk-return combinations available by equal weighting allocation between a risk-free rate and a risky portfolio
Answer:
plot of risk-return combinations available by varying portfolio allocation between a risk-free rate and a risky portfolio
Explanation:
The capital allocation line (CAL) is called as the capital market line tha developed on the graph for all the expected combinations related to the risk-free and risk assets. In this, the graph presented the return investor that expected earn by assuming the particular level of risk along with the investment
Therefore the first option is correct
During 2020, Morefield Building Company constructed various assets at a total cost of $14,700,000. The weighted average accumulated expenditures on assets qualifying for capitalization of interest during 2020 were $10,700,000. The company had the following debt outstanding at December 31, 2020:
1. 10%, 5-year note to finance construction of various assets, dated January 1,
2020, with interest payable annually on January 1 $6,300,000
2. 12%, ten-year bonds issued at par on December 31, 2014, with interest payable
annually on December 31 7,000,000
3. 9%, 3-year note payable, dated January 1, 2019, with interest payable annually
on January 1 3,500,000
Instructions:
Compute the amounts of each of the following (show computations).
1. Avoidable interest.
2. Total interest to be capitalized during 2020.
Answer:
1. $1,015,000
2. $1,015,000
Explanation:
1. Computation for the Avoidable interest.
First step is to Compute the weighted average interest rate:
Principal Interest
12% ten-year bonds$ 7,000,000 $840,000
9% 3-year note $3,500,000 $315,000
Total $10,500,000 $1,155,000
Weighted average interest rate = $1,155,000 ÷ $10,500,000
Weighted average interest rate= 11%
Now let compute the Avoidable Interest
Weighted Average Accumulated Expenditures *Applicable interest rate = AVOIDABLE INTEREST
$6,300,000 *.10 = $630,000
$3,500,000 *.11= $385,000
Total $9,800,000 $1,015,000
Therefore the Avoidable Interest is $1,015,000
2. Computation for Total interest to be capitalized during 2020
2020 Actual interest cost
Construction note $6,300,000 × .10 =$630,000
12% ten-year bonds, $7,000,000 × .12 =$840,000
9% three-year note, $3,500,000 × .09=$315,000
Total $1,785,000
Therefore Total interest to be capitalized during 2020 will be $1,015,000 which is the LESSER of
$1,785,000
