Answers
In business, buying price is very important because of the need to make a profit. Option (D) is correct.
Businesses must turn a profit, the buying price is crucial. The costs at which a business purchases goods and services determine in large part whether it will be profitable. The cost of producing goods or rendering client services is determined by the price at which they are purchased. The company might not be able to turn a profit when it sells goods or services if the purchase price is too high.
The corporation might not be able to cover the cost of production if the purchase price is too low, which could result in a loss. In order to ensure that they can turn a profit, businesses must therefore carefully analyze the purchasing price of goods and services.
Therefore, Option (D) is correct.
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Related Questions
Y = F(K, L) = K1/2L1/2. Suppose that both countries start off with a capital stock per worker of 2. What are the levels of income per worker and consumption per worker? Round your answers to two decimal places.
Today (year 0), a new 7-megawatt (MW) solar panel farm is constructed at a direct cost of $10 million. The indirect cost of 10% of the direct cost was spent. Four years from today, a smaller 6-MW solar farm will be added to the existing farm. The cost indices of today and after 4 years are 400 and 600 respectively. If the cost-capacity factor is 0.75 for solar panel construction, what is the estimated total capital investment (direct indirect) for the smaller 6-MW farm
William owns 1 share of Park stock. He purchased the stock three years ago for $17.50. The stock is currently trading for $40 per share. The stock has paid the following dividends over the past three years. o Year 1: $1.00. o Year 2: $2.00. o Year 3: $3.00. What is the compounded rate of return (IRR) that William has earned on this investment
Williams Construction Inc. is building a new facility that will cost $45 million. Williams Construction will borrow $42 million from Wells Fargo bank and pay the remainder immediately as a down payment. Williams Construction will pay 8% interest but will make no payment for 4 years, at which time the entire amount will be due. How much will Williams Construction’s payment be?
Answers
Answer:
Convergence
Explanation:
Convergence meaning that the two different entities are coming together. It is also defined as the tendency of the group members to become more alike. It is also known as the company culture, in the sense, that the people who work there, tend to have the similar characteristics.
Therefore, the convergence is the phenomenon which states the shifting of the styles of the individual management in order to become more similar to one another.
Answers
Solution and Explanation:
The calculation of tax saving is shown below:
if B is getting the whole amount of salary the combined FICA tax liability of B and S Corp will be:
= $110000 multiply with 15.3 divide by 100
= $16830
If B is getting $50000 as salary the combined FICA tax liability of B and S corp will be
= $50000 multiply with 15.3 divide by 100
= $7650
thus the tax saving will be :
$16830 minus $7650
= $9180
The IRS can deem this arrangement unfit as make it mandatory for B to get the whole amount as salary. In that case, no change will take place in the tax liability.
Answers
Answer:
$1,023
Explanation:
As for the provided information, we have:
Total cost associated with JOB 806 = $682
Is it completed = Yes
Are the product sold = Yes
Now, it is provided that the selling price of products = Cost + 50% of cost
Or simply Cost 150% = Selling Price of goods
Therefore, selling price of this job = $682 150% = $1,023
c. Why is the demand for labor called a "derived demand."
Answers
Answer:
(A)Wages decrease in the long term
Explanation:
(A) The principles of supply and demand applies here.
Higher worker productivity in a particular industry implies increased demand for workers in the industry (short term effect).
Increased supply of workers implies:
1. output per worker increases, resulting in increase in supply of products in the industry. But, the laws of supply and demand comes in, because when supply increases, prices decrease.
That is, the increase in worker productivity may cause a decrease in prices resulting in a decrease in wages since the firm's revenue declined (long term effect).
2. Increase in the supply of workers in the industry with increased in productivity over workers from other industry because of initial increase in wages. This would lead to a decrease in wages because the supply of workers would exceed demand.
(B) The compensation differential is the additional amount of money that a given worker must be offered in order to motivate him to accept a given undesirable job, relative to other jobs that the worker could perform.
(C) This is called a derived demand because it is often based on the demand for products.
For example, when consumers want more of a particular good or service eg clothing, more firms in the industry will want workers that make this product.
Answers
Answer: Using buffer stocks to ensure speedy supply.
Explanation:
Differentiation is a strategy that is used to differentiate a good or service from other products that are similar which are offered by competitors. It is the development of a good or service, that is unique and stands out for the customers, in terms of features, product design, quality, brand image, or customer service.
Modular design to differentiate a product, collating market research data and minimizing inventory are all product differentiation strategies.
Answer: C. Use buffer stocks to ensure speedy supply.
Explanation: All options except the use of buffer stocks to ensure speedy supply are included in the differentiation strategy decisions. A differentiation strategy is one of the ways a business distinguishes itself from competition and is defined as the approach in development of new products that a firm employs in order to offer unique products that customers will find superior to others in the market. It is important because it allows businesses not just to distinguish themselves from competition, but to also emphasize the unique aspects that make its product superior, accelerating visibility and perceived expertise, that results in better growth and profitability.
b. 306
c. 500
d. 200
e. None of the above
Answers
Answer:
a. 300
d. 200
Explanation:
EOQ =
2 * 7500 * 30 / 0.5
EOQ = 948 units
When price is $48 per unit
EOQ = 968 units
Total cost = Holding cost + ordering cost + purchase cost
When the order is for 500 price is $48
Total cost = $2,400 + $30 + $24,000 = $26,430
When the order is for 300 price is $50
Total cost = $1,500 + $30 + $15,000 = $16,530
When the order is for 306 price is $50
Total cost = $1,530 + $30 + $15,300 = $16,860
When the order is for 200 price is $50
Total cost = $1,000 + $30 + $10,000 = $11,030
The best two possible order quantities are 200 and 300 which results in minimum total cost.