While mail surveys are a common data collection method in developed countries, they are an unreliable means of gathering primary data in many foreign countries because of the:
Low literacy rates

Answers

Answer 1

They are an unreliable means of gathering the primary data in many foreign countries because of low literacy rates.

What is literacy?

Literacy is defined in its broadest sense as "certain ways of thinking about and performing reading and writing" with the aim of comprehending or communicating ideas in writing in a given context. In other words, individuals in literate societies have a set of habits for creating and reading written material, as well as attitudes toward these habits. According to this perspective, writing is always done for a specific audience, while reading is always done for a certain purpose. Over the course of a person's lifetime, literacy instruction, learning, and practice are always influenced by one's beliefs about reading, writing, and their importance to both society and the individual. According to some researchers, there have been two distinct periods of interest in the concept of "literacy" throughout history.

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Related Questions

_______ is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries.
The Better Business Bureau

Answers

BBB is the largest self-regulatory mechanism by which fair advertising and selling practices are promoted by the business community across all industries .

What exactly is the BBB (Better Business Bureau)?

A private group called the Better Business Bureau (BBB) informs the public about companies and nonprofits. It also deals with client concerns concerning businesses. The nonprofit bureau has created a scale from A+ to F-based rating system for companies. The ethics and performance of each company are taken into account when assigning a rating. The BBB advises businesses on ethical conduct. Businesses who adhere to these guidelines and pay yearly dues can be accredited by the agency. A company must operate transparently, possess the necessary permits, abide by BBB advertising guidelines, and have no unresolved customer complaints in order to be accredited.

A definition of the Better Business Bureau may include its goal of enhancing community and business trust. The public can learn more about companies, brands, and charities by using the BBB business profiles. The Council of Better Business Bureaus, a self-regulatory body, is the umbrella body for local bureaus in the United States, Canada, and Mexico.

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Below are batting averages of the New York Yankees players who were at bat five times or more in 2006.
Batting Averages for the 2006 New York Yankees
Player Avg Player Avg Player Avg
Derek Jeter 0.343 Miguel Cairo 0.239 Sal Fasano 0.143
Johnny Damon 0.285 Bobby Abreu 0.330 Terrence Long 0.167
Alex Rodriguez 0.290 Hideki Matsui 0.302 Kevin Thompson 0.300
Robinson Cano 0.342 Gary Sheffield 0.298 Kevin Reese 0.417
Jorge Posada 0.277 Craig Wilson 0.212 Andy Cannizaro 0.250
Melky Cabrera 0.280 Bubba Crosby 0.207 Randy Johnson 0.167
Jason Giambi 0.253 Aaron Guiel 0.256 Wil Nieves 0.000
Bernie Williams 0.281 Kelly Stinnett 0.228 Andy Phillips 0.240 Nick Green 0.240 PictureClick here for the Excel Data File
(a) Prepare a frequency distribution using a bin width equal to 0.05. (Round your "midpoint" and "width" answers to 3 decimal places.)

Answers

Here is the frequency distribution for the 2006 New York Yankees batting averages, using a bin width of 0.05:

Bin Lower Bound Midpoint Upper Bound Frequency

1 0.000 0.025 0.050 4

2 0.050 0.075 0.100 2

3 0.100 0.125 0.150 2

4 0.150 0.175 0.200 1

5 0.200 0.225 0.250 3

6 0.250 0.275 0.300 2

7 0.300 0.325 0.350 4

To create a frequency distribution using a bin width of 0.05, we first need to determine the range of the data. The range is the difference between the highest and lowest values in the data set.

In this case, the highest batting average is 0.343, and the lowest batting average is 0.000. So the range is:

0.343 - 0.000 = 0.343.

Next, we need to divide the range by the bin width to determine the number of bins we will need. In this case, we will need

0.343 / 0.05 = 6.86 bins.

Since we cannot have a fractional number of bins, we will need to round up to 7 bins.

Now we can create our frequency distribution by dividing the range into 7 equal bins, with a width of 0.05. The midpoint of each bin will be equal to the lower bound of the bin plus half of the bin width. For example, the first bin will have a lower bound of 0.000, and the midpoint will be 0.000 + 0.05 / 2 = 0.025.

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Suppose a public referendum is being held on whether or not to levy a tax on cigarettes. Currently, the supply of cigarettes is given by Qs = -100 + 20P. You estimate the demand for cigarettes to be Qd = 200 - 5P.You are asked to evaluate the likely effects of a tax on cigarettes equal to $1 per pack of cigarettes. Specifically, you are to file a report which predicts by how much this will reduce the amount of cigarettes sold. You are also asked to estimate the proportion of the tax that will be paid by the cigarette companies (sellers), and the proportion of the tax that will be paid by the smokers (consumers) of cigarettes.To do this, you will first need to calculate the current price and quantity of cigarettes sold.a) (6 points) What is the equilibrium price and quantity of cigarettes? Next you know from your economics class that you will need to know the price elasticity of demand and the price elasticity of supply of cigarettes. (Note: for parts b-e, please leave your answers in the form of a fraction.)b) (6 points) What is the price elasticity of demand for cigarettes at the equilibrium price?c) (6 points) What is the price elasticity of supply of cigarettes at the equilibrium price?Using your answers to b) and c), you are now able to determine what proportion of the tax will be paid by buyers, and what proportion of the tax will be paid by sellers.d) (6 points) What proportion of the tax will be paid by sellers?e) (6 points) What price will buyers pay after the tax is imposed?f) (6 points) What quantity of cigarettes will be sold after the tax??Finally, a new proposal suggests that the tax should be levied on the cigarette companies instead of the smokers.g) (6 points) From what you have learned in this class, how should you respond to this proposal?

Answers

E. Quantity of cigarettes sold is 136.

F. New proposal doesn't make a change whether tax is levied on consumers or producers. The end result remains the same.

The incidence of tax depends on the elasticity of demand and elasticity of supply and not on the party on which the tax is levied.

WHAT IS CIGARETTE TAX?

A tobacco tax, often known as a cigarette tax, is a charge imposed on all tobacco products by different levels of government, frequently with the stated intention of lowering tobacco usage or at the very least raising money for related healthcare services. Both "tobacco tax" and "cigarette tax" are commonly used.

Reason

Qs=-100+20P

Qd=200-5P

At equilibrium, Qd=Qs

-100+20P=200-5P

P*= 300/25= $12

Q*= 200-5*12= 140

Tax= $1

Qs'= -100+20(P-1) = -100+20P-20= -120+20P

New equilibrium

-120+20P= 200-5P

P*= 320/25=$12.8

Q*=200-5*12.8=136

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QUESTION 24 Layla runs a startup that makes custom engraved floor tiles. Her business is growing rapidly and she needs a cloud vendor to provide her with an operating system and a database management system. In this scenario, which of the following services will the vendor provide? a. Paas b. laaS c. Web hosting d. VPN e. CDN

Answers

In the scenario that we have here the type of service that  the vendor will provide is called the PaaS. Option A

What is meant by PaaS?

This is a service platform. Platform as a Service (PaaS) is a full-featured cloud development and deployment environment that has the tools you need to produce everything from basic cloud-based apps to complex corporate applications.

Offers you with computer platforms, which typically contain an operating system, an environment for executing programming languages, a database, a web server, etc. Examples include Windows Azure, Go.ogle App Engine, Heroku, Force.com, AWS Elastic Beanstalk, and Apache Stratos.

Platform as a Service (PaaS) is a full-featured cloud environment that has all the servers, operating systems, networking, storage, middleware, tools, and other components that developers need to create, run, and maintain applications.

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The percentage of retired older workers has increased dramatically since the introduction of Social Security.A. TrueB. FalseC. Uncertain

Answers

The statement is true : The percentage of retired older workers has increased dramatically since the introduction of Social Security.

Long-term funding issues are present for Social Security. Many young employees think the situation is so bad that they might never get a Social Security check. The reasonable answer to Social Security's funding issue is to reduce projected benefits and moderately raise payroll taxes. Raising the early qualifying age and regular retirement age for retirement pensions is a logical method to cut future payments.

The significant increase in life expectancy since Social Security's inception in the 1930s serves as justification for this revision. When the average retirement age stays the same, a rise in life expectancy corresponds to a significant increase in lifetime Social Security benefits.

Voters are against raising the retirement age. Unfortunately, this is true of any other changes that would improve Social Security's financial stability, such as tax increases and changes to the formula used to determine full payments.

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you are analyzing the cost of debt for a firm. you know that the firm's 14-year maturity, 7.8 percent coupon bonds are selling at a price of $1,052.38. the bonds pay interest semiannually. if these bonds are the only debt outstanding for the firm, answer the following questions.

Answers

Debt cost after tax amounts 8.75%. If the company's only outstanding debt is these bonds.

What is a cost, exactly?

Cost is the sum of money spent by a business to produce or create goods or services. It excludes the overall profit markup. Cost is the sum of revenue spent on making a good or product, viewed from the seller's view.

Briefing:

Find the YTM which is the pretax cost of debt.

Using a financial calculator, input the following and adjust the coupon payment, time and interest rate to semi-annual basis.

Maturity of the bond; N= 14*2=28

Face value : FV = 1000

Price of the bond ; PV =$1,052.38

Semiannual Coupon payment; PMT = semiannual coupon rate* Face value

Semiannual Coupon payment; PMT = (7.8%/2)*1000 = 39

then compute the semiannual rate; CPT I/Y = 6.25%

Annual rate; YTM ; pretax cost of debt = 6.25*2 = 12.5%

Next, find after tax cost of debt;

After tax cost of debt = pretax cost of debt (1-tax)

= 0.125 (1 -0.30)

= 0.0875 or 8.75% as a percentage

Therefore; after tax cost of debt = 8.75%

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Of the four perspectives of corporate social responsibility (CSR) discussed in this chapter, Honest Tea is taking the _____ approach.

Answers

Honest Tea is pursuing the proactive CSR strategy out of the four corporate social responsibility (CSR) views covered in this chapter.

The CSR methodology is what?

The CSR approach entails putting into practice a company plan with the goal of achieving various corporate social responsibility initiatives, including fiscal accountability, environmental sustainability, and social responsibility.

One of the most common CSR examples is lowering carbon footprints. tightening up labor laws. fair trade practices.

What does a proactive position in social responsibility entail?

Proactive corporate social responsibility (CSR) refers to business practices that organizations voluntarily adopt and go above and beyond what is legally required in order to continue supporting stable economic, social, and environmental development and thus make a significant and beneficial contribution to society.

Proactive corporate social responsibility (CSR) is the management of an organization's social duties through business strategies and practices that results in a significant and beneficial contribution to society. Beyond what is mandated by law, these tactics and procedures are used.

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the ferguson company estimated that october sales would be 126,000 units with an average selling price of $8.60. actual sales for october were 131,000 units, and average selling price was $8.55. the sales volume variance was: multiple choice $43,000 favorable. $42,750 unfavorable. $43,000 unfavorable. $42,750 favorable.

Answers

According to the given situation in the question the sales volume variance was $6550. Unfavourable

What does a variance mean in plain English?

The spread between the numbers in a data collection is the simplest definition of variance. Each number's variance, or distance from the average and from all other numbers in the set, is measured statistically.

Briefing:

Variance = (budgeted selling price - actual selling price) X actual units sold

Variance = (8.60 - 8.55) * 131,000 = $6550.Unfavourable

as if the budgeted price was charged it would result in higher revenue at the current level of activity.

The sales volume variance on the other hand is favourable as more units were sold than budgeted.

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Option 1: Your economics professor assigns a group project for the course. Describe the free-rider problem that can lead to a suboptimal outcome for your group. To combat this problem, the instructor asks you to evaluate the contribution of your peers in a confidential report. Will this evaluation have the desired effects?

Answers

Outcome evaluation is a technique of finding out how properly a software achieved its goals by measuring results. To verify how nicely a software done desired objectives, it is first important to have in reality described objectives. Next, there must be a way to measure how well the objectives are being achieved.

How will you determine result contrast to attain its want objectives?

Outcome evaluation is a technique of determining how nicely a program performed its goals by means of measuring results. To ascertain how properly a application performed preferred objectives, it is first vital to have clearly defined objectives. Next, there must be a way to measure how well the objectives are being achieved

Research impact is regularly measured the use of quantitative methods such as quotation counts, the h-index, and journal affect factors. It can additionally be described qualitatively. Currently, there is no one device or gadget that totally measures impact.

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True or False: an advertising campaign is a series of different and unrelated ads that use multiple themes and appear in different media over a long period of time.

Answers

It is false that an advertising campaign is a series of distinct and independent advertisements that use multiple themes and appear in various media over time.

What is the advertising campaign process?

Step 1: Determine your goals and budget. Step 2: Identify your target audience. Step 3: Compose your message. Step 4: Develop a media strategy. Step 5: Conduct marketing campaigns.

What makes a good advertising campaign?

The best advertising campaigns are often those that clearly communicate your brand equity to your audience, either intrinsically or externally. People don't want to work hard to understand what you're trying to convey. So be sure to communicate your message clearly and avoid confusion.

What are types of advertising campaigns?

The type of advertising allows marketers to create campaigns that are relevant to the right people. Example: Display ads. Video ads. Mobile advertising. Native advertising. People who are interested in sports are very likely to be interested in sports apparel, so a sports apparel manufacturer can increase sales by advertising on sports blogs.

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Equal opportunity laws

regulate employee rights to a safe work environment and reasonable minimum wage
regulate employee rights to medical services and compensation resulting from job-related injuries
require employers and employees to contribute to the Social Security fund
require employers to disregard gender, race, and ethnicity during the hiring process

Answers

Equal opportunity laws regulate employee rights to a safe work environment and reasonable minimum wage.

What is Equal opportunity laws?

Laws governing equal employment opportunities (EEO) forbid some forms of job discrimination in particular workplaces. The Civil Rights Center and the Office of Federal Contract Compliance Programs are two U.S. Department of Labor (DOL) organizations that deal with EEO monitoring and enforcement.

EEO is monitored in programs and initiatives receiving federal funding by the Civil Rights Center. Equal opportunity is likewise guaranteed by CRC for all DOL candidates and employees.

Employers with federal contracts and subcontracts are regulated by the Office of Federal Contract Compliance Programs.

The Equal Employment Opportunity Commission (EEOC) is an independent federal organization that works to advance equal opportunity in the workplace by enforcing federal civil rights laws administratively and legally, as well as by providing information and technical support.

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vjon fell owns an in the money call option with an exercise price of $45. the call currently sells for $3.75 and the stock sells for $47.50. which of the following is the most likely call price if the stock prices rises by $2.00? multiple choice question. $4.50 $5.80 $1.75

Answers

For the following question if the stock price rises by $2.00 call price will be $5.80.

What is meant by stocks?

Stocks represent ownership in a publicly listed company. on purchasing a company's stake you become the shareholder of that company. If a corporation has 100,000 shares, for instance, and you purchase 1,000 of them, you will own 1% of the business.

How exactly do stocks operate?

Investors purchase stock at a predetermined price based on the market's current conditions. Investors can sell a stock for a profit if the price increases. Investors can be selling at a loss if the price declines.

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. under normal conditions, which of the following would be most likely to increase the coupon rate required for a bond to be issued at par?

Answers

It is to be noted that under normal conditions, the factor that would be most likely to increase the coupon rate required for a bond to be issued at par is: the addition of a sinking fund.

What is a sinking fund?

A sinking fund is a fund formed by an economic organization by putting aside money over time to meet a future capital outlay or debt repayment.

A sinking fund is a method of saving money for a certain purchase by setting away a little amount each month. Sinking funds function as follows: each month, you set away money in one or more categories to be utilized at a later period.

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based on the following information, compute cash flows from financing activities under gaap. a. purchase of investments $ 150 b. dividends paid 1,100 c. interest paid 300 d. additional borrowing from bank 2,300

Answers

The cash flows from financing activities under GAAP, given the information, can be found to be $ 1, 200

How to find the cash flow from financing activities ?

A part of a company's cash flow statement called cash flow from financing activities (CFF) displays the net cash flows used to fund the business. Transactions involving debt, stock, and dividends are considered financing activities.

The issuing and repayment of equities, the payment of dividends, the issuance and repayment of debt, and capital lease obligations are all examples of financial activity. The cash flow statement will show the amount of debt or equity that companies that need funding have issued.

The cash flow from financing activities here is:

= Additional borrowing from bank - Dividends paid

= 2, 300 - 1, 100

= $ 1, 200

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Athletix Shoe Company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. These ads can be best described as ________ advertising.
a. brand
b. institutional
c. advocacy
d. competitive
e. public service

Answers

These ads can be best described as Brand advertising.

What is brand advertising?

In order to reinforce identification and foster greater consumer loyalty, brands, products, and services may employ brand promotion to raise awareness of their existence. It can make use of all popular advertising strategies, including social media marketing and search engine marketing. Coca-Cola is among the most well-known examples of brand advertising because of its potent emotional links and enduring brand identity. As we can see, the goal of brand advertisements is to establish a strong brand identity rather than to quickly sell the goods. Brand advertising aids businesses in raising awareness, extending their reach, and increasing client recognition of their brand. It does this, for instance, by highlighting their brand narrative.

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attacks require adversaries to send packets to a known service on the intermediary with a spoofed source address of the actual target system whereas

Answers

In reflection attacks require adversaries to send packets to a known service on the intermediary with a spoofed source address of the actual target system.

What in marketing terms is a direct attack?

a frontal assault

This is a frontal assault that draws on the strength of the opponents. Typically, the attack is carried out by providing clients with reduced prices, better products, aggressive advertising, or improved service quality. This kind of attack is dangerous because losing will harm your business's reputation, clients, and sales.

How does reflection attack work?

In a reflection attack, the attacker sends a request for information, typically using the User Datagram Protocol (UDP) or, in some cases, the Transmission Control Protocol, while impersonating the target's IP address (TCP). The server then replies to the request by delivering a response to the IP address of the destination.

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If country A can produce both goods X and Y more efficiently, that is, with smaller absolute amounts of resources, than can country B:
A. then there is no possible basis for mutually advantageous specialization and trade between A and B.
B. we can conclude that A is an industrially advanced economy and B is a developing economy.
C. mutually advantageous specialization and trade between A and B may still be possible.
D. it will necessarily be advantageous for B to import both X and Y from A.

Answers

Country B can mutually advantageous specialization and trade between A and B may still be possible. Even though country A may be able to produce both goods X and Y more efficiently than country B, this does not mean that it is not possible for both countries to benefit from specialization and trade.

Country A may specialize in producing one good, while Country B specializes in producing the other. This allows both countries to benefit from economies of scale and to produce more of each good than either country could produce on its own. This mutually advantageous specialization and trade may be beneficial to both countries.

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a quantitative rule of thumb for keep-versus-drop decisions is that any fixed costs avoided by dropping a product line or closing a business segment should be larger than

Answers

A quantitative rule of thumb for keep-versus-drop decisions is that any fixed costs avoided by dropping a product line or closing a business segment should be larger than the contribution margin given up.

(contribution margin = revenues - variable costs)

How does differential analysis help in making decisions about maintaining or discontinuing product lines?

To decide whether to retain a customer or let them go, managers employ differential analysis. Making decisions about a product line is done in a format analogous to that used for differential analysis. While product lines are not directly linked to sales income, variable costs, or fixed costs, they are.

When deciding whether to preserve a product line or shut down a company division, a quantitative rule of thumb is that any fixed expenses saved by doing so should be greater than the contribution margin lost.

Therefore, product lines are not directly linked to sales income, variable costs, or fixed costs.

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A(n) ________ maintains a clear sense of purpose and a firm idea of what is involved in creating the project.
A) politician
B) ambassador
C) cheerleader
D) visionary

Answers

A visionary  maintains a clear sense of purpose and a firm idea of what is involved in creating the project. It entails identifying and managing risks, as well as careful resource management, prudent budgeting, and clear communication among multiple teams and stakeholders.

A project champion is the team member in charge of project management. This is the person in charge of ensuring that everyone is on the same page and on track to complete the project successfully and on time. Project managers oversee the budget, stakeholders, and roles of team members to ensure that deadlines are met. Project managers are also responsible for the team's efficiency, but their primary focus is on inspiring the team and encouraging the development of new ideas.

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* Global sourcing: a business purchases materials, manufacturing components, or services from around the world, taking advantage of international wage gaps by contracting low-cost goods and services in foreign locations.

Answers

Global sourcing is a business technique in which a corporation contracts for low-cost goods and services in other countries, taking advantage of pay differences across borders.

What is the key benefit of global sourcing?

One of the key benefits of global sourcing is cost reduction. Particularly in low-cost areas, many overseas suppliers and manufacturers provide their services at a competitive rate. Businesses can frequently purchase things at a cheaper unit cost because manufacturing costs are typically lower.

How might sourcing strategies raise productivity?

The study discovered that strategic sourcing helps the organization to focus on its core functions that help the firm gain strategic advantage while also acting as a mechanism by which business conditions or problems are alleviated in a manner that is more efficient or effective.

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Keep-Or-Drop Decision, Alternatives, Relevant Costs
Reshier Company makes three types of rug shampooers. Model 1 is the basic model rented through hardware stores and supermarkets. Model 2 is a more advanced model with both dry-and wet-vacuuming capabilities. Model 3 is the heavy-duty riding shampooer sold to hotels and convention centers. A segmented income statement is shown below.Model 1 Model 2 Model 3 Total
Sales $270,000 $598,000 $606,500 $1,474,500 Less variable costs of goods sold (89,500) (163,640) (352,800) (605,940) Less commissions (6,000) (27,500) (20,250) (53,750) Contribution margin $174,500 $406,860 $233,450 $814,810 Less common fixed expenses: Fixed factory overhead (410,000) Fixed selling and administrative (299,000) Operating income $105,810 While all models have positive contribution margins, Reshier Company is concerned because operating income is less than 10 percent of sales and is low for this type of company. The company’s controller gathered additional information on fixed costs to see why they were so high. The following information on activities and drivers was gathered:
Driver Usage by Model
Activity Activity Cost Activity Driver Model 1 Model 2 Model 3
Engineering $76,000 Engineering hours 710 71 219 Setting up 177,000 Setup hours 12,300 12,700 29,219 Customer service 112,000 Service calls 14,300 1,580 19,219 In addition, Model 1 requires the rental of specialized equipment costing $25,000 per year.
1. Reformulate the segmented income statement using the additional information on activities. Use a minus sign to indicate any negative margins. Do NOT round interim calculations and, if required, round your answer to the nearest dollar.
Reshier Company
Segmented Income Statement
Model 1
Model 2
Model 3
Total
$
$
$
$
Contribution margin
$
$
$
$
Less traceable fixed expenses:
Product margin
$
$
$
$
Less common fixed expenses:
Operating income
$

Answers

The amount that has been added to the dropping model is $31,547.

Here we have given that Reshier Company makes three types of rug shampooers.

And we need to find the amount added to the dropping model.

While we are looking into the given question, we have identified the value of each of the department expenses as,

=> Engineering rate = $86,000 ÷ (730 + 76+ 194) = $86

=> Setting up = $196,000 ÷ (12,100+ 13,200 + 29,179) = $3.5977

=> Customer Service = $100,000 ÷ (13,400 + 1,480+ 19,179) = $2.9360

=> Fixed factory overhead = $385,000 - 86,000-195,999 - 22,000 = $81,001

=> Selling and administrative expenses= $307,000 - 99,997 = $207,003

Now, we have to reformulated income statement suggests that the profit of model 1 is negative, then the company can choose either model 2 or 3. Therefore, the product margin of model 2 is maximum, choosing model 2 will be more cost effective,

Then the Dropping model 1 will add $31,547 to the operating income.

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Of the options listed below, which are examples of diversifiable risk? I. Wildfires damage an entire town II. The federal government imposes a $1,000 fee on all business entities III. Payroll taxes are increased nationally IV. All software providers are required to improve their privacy standards Multiple Choice o I and IV only o II and III only o I and III only o I, III, and IV only o II and IV only

Answers

A. I and IV only.  I. Wildfires damage an entire town.  IV. All software providers are required to improve their privacy standards.

What are diversifiable risks?

The chance of losing money on investment because of a company- or industry-specific hazard is known as a particular risk or diversifiable risk. Unlike systematic risk, unsystematic risk can only be reduced via diversification for an investor. By making investments in a variety of assets, an investor uses diversification to reduce risk. The risk that is unique to a corporation is referred to as unsystematic risk (also known as diversifiable risk). This kind of risk could be brought on by spectacular occurrences like a strike, natural disasters like fires, or even something as simple as declining sales. Business risk and financial risk are two typical types of unsystematic risk.

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which of the following options is not included in the marginal cost of a production decision? the fixed salary of the site manager the additional pay given to workers who work extra hours the inputs used to produce more goods/services

Answers

The option that is not included in the marginal cost of a production decision is: the fixed salary of the site manager. Option A

What is marginal cost?

The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how volume produced affects cost and eventually profits by calculating the marginal cost.

The additional cost to produce a new good is known as the marginal cost. Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost. The marginal cost is determined by the production expenses.

The following is the formula for determining marginal cost: Cost change minus quantity change equals marginal cost.

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The cost of merchandise sold during the year was $54,000. Merchandise inventories were $10,500 and $12,500 at the beginning and end of the year, respectively. Accounts payable were $6,000 and $9,000 at the beginning and end of the year, respectively. Using the direct method of reporting cash flows from operating activities, cash payments for merchandise total

Answers

The cash payments for merchandise total using the direct method of reporting cash flows from operating activities is $49,000.

How do you determine the cash payments for merchandise?

To determine the cash payments for merchandise using the direct method of reporting cash flows from operating activities, you can use the following formula:

Cash payments for merchandise = Cost of merchandise sold - (Ending inventory - Beginning inventory) - (Ending accounts payable - Beginning accounts payable)

Plugging in the given values, you get:

Cash payments for merchandise = $54,000 - ($12,500 - $10,500) - ($9,000 - $6,000)

= $54,000 - $2,000 - $3,000

= $49,000

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10. Questionable business practices according to antitrust agencies Complete the following table by matching each of the scenarios to the concept of resale price maintenance, predatory pricing, or tying. Resale Price Predatory TyingMaintenance Pricing Scenario Warm Winds is the only firm producing air fryers. It costs $410 to produce one air fryer, and Warm Winds sells each air fryer for $1,000. After Sirocco, a new firm with the same costs as Warm Winds, enters the market for air fryers, Warm Winds starts selling its air fryers for a price of $330. RightRound sells a wide variety of records to retail record stores. RightRound recently pressed two new records: a popular pop punk album and a much less popular smooth jazz album. RightRound requires record stores to order 15 copies of the smooth jazz album for every 140 copies of the pop punk album bought. RightRound is a firm that manufactures record players. Suppose RightRound sells its record players to online retailers for $209 each and requires those online retailers to charge at least $229 to shoppers for each record player. True or False: All economists believe that predatory pricing is a profitable business strategy. True False

Answers

The statement "All economists believe that predatory pricing is a profitable business strategy." is false.

Give a brief account on predatory pricing.

A dominating company in an industry would purposefully lower the costs of a good or service to a point where they are making a short-term loss. This pricing approach is known as predatory pricing and uses the larger-scale undercutting method. The intention is for existing or potential competitors to be pushed out of the market because they cannot successfully compete with the dominating enterprise without suffering a loss. Once competition has been eliminated, the dominant firm with a majority market share can raise prices over time to monopoly levels in order to make up for lost revenue. Predatory pricing differs from competitive pricing during the period when the dominating firm is attempting to recover lost earnings by raising prices.

Solution for the question :

Warm Winds is the only firm producing air fryers. It costs $410 to produce one air fryer, and Warm Winds sells each air fryer for $1,000. After Sirocco, a new firm with the same costs as Warm Winds, enters the market for air fryers, Warm Winds starts selling its air fryers for a price of $330. - Predatory PricingRightRound sells a wide variety of records to retail record stores. RightRound recently pressed two new records: a popular pop punk album and a much less popular smooth jazz album. RightRound requires record stores to order 15 copies of the smooth jazz album for every 140 copies of the pop punk album bought. - TyingRightRound is a firm that manufactures record players. Suppose RightRound sells its record players to online retailers for $209 each and requires those online retailers to charge at least $229 to shoppers for each record player. - Resale price maintenance

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(T/F) Scenario analysis can help us anticipate possible changes so we can most likely prevent them from happening.

Answers

Scenario analysis can help us anticipate possible changes so we can most likely prevent them from happening. - False

Scenario analysis is a tool that helps organizations anticipate and prepare for potential changes in the future. It involves developing and analyzing a range of possible scenarios or outcomes that could arise from different combinations of factors, like economic trends, technological developments, political events, and environmental changes.

The analysis does not necessarily help to prevent changes from happening, but it can help to be more resilient and adaptable when changes do occur. By considering a range of possible futures, organizations can better understand the implications of different scenarios and take proactive steps to mitigate potential risks and seize opportunities.

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As the replenishment lot size grows, the cycle inventory at the firm grows, thus increasing the cost of holding inventory. TRUE.

Answers

The cost of retaining inventory rises when the replenishment lot size and the company's cycle inventory both increase. Quantity discounts reduce the unit cost while often boosting the minimum batch size.

How does inventory work?

Inventory is the collective term for all the goods, products, and supplies that a business maintains on hand with the intention of reselling them for a profit. If a newspaper vendor uses a vehicle to deliver newspapers to customers, just the newspaper will be considered inventory.

What does inventory actually imply at work?

Inventory consists of goods or resources that a business intends to resale to customers at a profit. Inventories management is an essential part of the supply chain and involves tracking inventory from manufacturers to warehouses.

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Rose Bush Nursery purchased a delivery truck for $27,000. The truck is expected to have a useful life of 4 years and a residual value of $1,080. If the truck was purchased on June 1, 2013, what is the amount of depreciation expense for the truck for the year ended December 31, 2013?
$3,780
$1,080
$6,480
$3,240

Answers

The amount of depreciation expense for the truck for the year ended December 31, 2013 will be $3,780 if it has a residual value of $1,080.

What is residual value?

The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value. In lease agreements, one of the lessor's main methodologies for figuring out how much the lessee must pay in periodic lease payments is the residual value. One of the components of a lease calculus or operation is residual value. It expresses the absolute future value of a good in monetary terms, and it is occasionally expressed as a percentage of the original purchase price. An automobile is sold today for the list price of $20,000.

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A backward pass through a network is used to determine the earliest start and finish times for each project activity. t/f

Answers

This claim is untrue. The earliest start and finish times for each project activity are determined without performing a backward transit over the network.

How are the early start and early end times decided upon?

In other words, the Early Start (ES) position of the first activity is set to zero when the calculation begins. To do the remaining calculations, apply the following formulas: Highest (or Maximum) EF value from the most recent Predecessor equals an early start (s) ES plus Duration equals an early finish.

What do the terms "early start" and "early end" in project management mean?

Early Start: When an activity can start as soon as possible. The earliest time a particular activity can finish. The latest time that a task can start. the earliest time a particular activity can finish.

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Carla Vista Solutions, Inc., has just invested $5,487,300 in new equipment. The firm uses a payback period criteria of rejecting any project that takes more than four years to recover its costs. Management anticipates cash flows of $506,300, $980,400, $997,900, $1,383,300, $3,063,800, and $2,376,100 over the next six years. (Round answer to 2 decimal places, e.g. 15.25.) What is the payback period of this investment? Payback period is enter a number of years for the payback period rounded to 2 decimal places years. Should Carla Vista Solutions, Inc. go ahead with this project? The firm select an option the project.

Answers

The firm of Carla Vista Solutions Inc, will reject the investment because payback period is more than 4 years.

A non-discounted capital planning method is the payback period. It solely takes into account the gross cash flows and ignores the time value of money. The option with a shorter payback period is preferable.

We must determine the cumulative cash flows because the cash flows are not equal in order to determine the payback time.

Year Anticipated Cashflow         Cumulative Cashflow

1    $506,300                                             $506,300

2    $980,400                    $506,300 + $980,400 = $1,486,700

3    $997,900                    $1,486,700 + $997,900 = $2,484,600

4    $1,383,300                    $2,484,600 + $1,383,300 = $3,867,900

5   $3,063,800                    $3,867,900+ $3,063,800 = $6,931,700

6    $2,376,100                    $6,931,700 + $2,376,100 = $93,07,800

The payback period spans years 4 and 5 because the initial investment was $5,487,300 and the cumulative cash flow crossed it at the end of year 5.

Payback Period = Lower Year + (Initial Investment - Cumulative cash flow at lower year) / Cash flow of the higher year

= 4 years + (5,487,300 - 3,867,900)/3,063,800

= 4years + 1619400/3063800

= 4 years + 0.53

4.53 years (approx)

As the payback period is 4.53 years, i.e. more than 4 years, this investment does not meet the firm's payback criteria.

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