Answer: Commercial washing soaps
Explanation: The target of these commercials can be aimed at housewives, commercials tend to highlight the characteristics of how the clothes will look after the use of the product, such as effectiveness, freshness, softness and smell.
Housewives or people in charge of doing laundry at home, in turn, look for an effective product that can alleviate the time it takes to perform this household work.
Answer:
2. Google is an example for this type of business.
Explanation:
These terms (MIS, Value driven business, E-Business, and information security) are interlinked in today technological era of businesses.
As the example is given above about google, it is being explained right here.
As we all know google is a technology based organization which is working on the concept of Management information system. Its recent case study shows that how this organization is a value driven business.
Google actually, takes really care about its employees, it has all necessary facilities to offer for its employees such as on-site doctors, cafeteria led by famous chefs, so that means they are value driven business too.
it is also providing E-business facilities to other businesses. And its information security is one of the top on list.
Answer: Followers of the efficient market hypothesis believe that "C) investors react quickly and accurately to new information.".
Explanation: The efficient market hypothesis states that the current price of an asset in the market reflects all available information that exists (historical, public and private). It considers that any news or future event that may affect the price of an asset, will make the price adjust so quickly, that it is impossible to obtain an economic benefit from it.
This adjustment happens so fast because investors act quickly and accurately in the face of new information.
B) Choice B
C) Both of the choices would produce the same return
D) We can’t tell.
Answer:
the answer is (C) both of the choices would produce the same return
2 Hired a secretary-receptionist at a salary of $320 per week payable monthly.
3 Purchased supplies on account $830. (Debit an asset account.)
7 Paid office rent of $630 for the month.
11 Completed a tax assignment and billed client $1,360 for services rendered. (Use Service Revenue account.)
12 Received $3,940 advance on a management consulting engagement.
17 Received cash of $2,950 for services completed for Ferengi Co.
21 Paid insurance expense $150.
30 Paid secretary-receptionist $1,280 for the month.
30 A count of supplies indicated that $130 of supplies had been used.
30 Purchased a new computer for $7,000 with personal funds. (The computer will be used exclusively for business purposes.)
Journalize the transactions in the general journal. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
Answer:
Cash 34,830
Equipment 15,540
Capital Account 50,370
no entry needed
supplies 830
account payable 830
rent expense 630
cash 630
account receivable 1,360
service revenue 1,360
cash 3,940
unearned revenue 3,940
cash 2,950
service revenue 2,950
insurance expense 150
cash 150
wages expense 1,280
cash 1,280
supplies expense 130
supplies 130
Equipment- Computer 7,000
Capital Account 7,000
Explanation:
We must always o debit = credit
and record the entries to reflect the reality.
Answer:
The minimum cost production lot size = 2447.75
Explanation:
Given
D = Demand = 7,800 copies.
C = Setup costs = $135 per setup.
A = Cost = $13.5.
R = Holding Cost Annual Rate = 17%
P = Production volume = 26,000 copies.
W = Working days = 250 per year
L = Lead time for a production run = 14 days
First we calculate the usage rate.
The usage rate = Annual rate of demand ÷ Working days
Usage Rate = 7500 ÷ 250 = 30 units daily
Then we calculate the production units
Production (P) = Annual Production Volume ÷ Working days
P = 26000 ÷ 250 = 104 units daily
Then we calculate the cost production lot size
This is calculated by
Cost production lot size = √(2DC)/√(1 - (D/P)R * A)
By substituton
Cost Production = √(2 * 7500 * 135)/√(1 - (7500/26000) * 0.17 * 13.5)
Cost Production = 2447.746953702503
Hence, the minimum cost production lot size = 2447.75 --- Approximately
i. the classic look of traditional wingtips
ii. the savings that would come from buying the wingtips the money
iii. the no-lace convenience of slip-ons
iv. the pride that comes with wearing the more expensive shoes
Opportunity Cost refers to potential gain given up by choosing one option over others. For Sean, this includes the vintage look of wingtips and the saved $50 if he chooses slip-ons instead of wingtips. The convenience and pride Sean gets from the slip-ons don't count as Opportunity Cost since they are benefits, not losses.
The concept of Opportunity Cost in economics and business refers to the loss of potential gain from other options when one option is chosen. In Sean's case, the Opportunity Cost of buying the more expensive slip-ons shoes includes:
However, the last two points: 'the no-lace convenience of slip-ons' and 'the pride that comes with wearing the more expensive shoes' do not fit into the Opportunity Cost. They instead are perceived benefits of the chosen slip-ons and not what is given up when he chooses that option.
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