Answer:
Option d: Job applicant
Explanation:
A job is simply defined as a group of related activities/duties.
Job Analysis is simply the task of collection information about the job that is to identification of tasks, duties, responsibilities and others that is done by human resources (HR) department, by observing, surveys, interviews, and other means. In Job analysis, there are different people or unit to consult in an organization when carrying it out e. g supervisor. A job applicant have no business with a job analysis as it is not up to them or within their domain/jurisdiction.
Answer:
6.92 years
Explanation:
The payback period measures how long it takes for the amount invested in a project to be recovered.
The total cost of the project is $388,000.
Because the project generates no cash flow in the first and second year , the amount recovered would be 0.
In the third year, the amount recovered of $388,000 is $69,000. This reduces the cost of the project to $319,000.
In the fourth year , the amount recovered is $88,000. This reduces the cost of the project to $231,000.
In the fifth year, the amount recovered is $102,000. This reduces the cost of the project to $129,000.
In the sixth year, the amount recovered is $140,000. This covers the cost of the project and generates a profit of $11,000.
The amount is recovered in the 6th year + 129000/ 140,000 = 6.92 years
I hope my answer helps you
Answer:
The operating income will increase by $13,000.
Explanation:
Giving the following information:
Sales revenue
Total= $490,000
Luxury= $360,000
Sporty= $130,000
Variable expenses:
Total= $355,000
Luxury= $235,000
Sporty= $120,000
Contribution margin
Total= $135,000
Luxury= $125,000
Sporty= $10,000
Fixed expenses:
Total= $78,000
Luxury= $39,000
Sporty= $39,000
Operating income (loss):
Total= $57,000
Luxury= $86,000
Sporty= $(29,000)
New Income Statement:
Sales= 360,000
Variable costs= 235,000 (-)
Contribution margin= 125,000
Fixed costs= 39,000 + 16,000= 55,000
Operating income= 70,000
The operating income will increase by $13,000.
b. decrease in exports in the economy.
c. increase in imports in the economy.
d. leakage in spending in the economy.
Answer:
d. leakage in spending in the economy.
Explanation:
In the economy firms spend money on labour, input, and business expansion. While in the personal household there is spending on food, rent, and other expenses.
When money is taken out of this cycle and not used for a particular purpose then it is considered to be a leakage.
Leakages include taxes savings and imports.
Savings occurs when an individual has excess income and decides to reserve some for a future use. This fund does not have a particular use in the economy so it is considered to be a leakage.
Answer:
D. Leakage in spending in the economy.
Explanation:
It is observed that if consumers have a rise in their wages, they tend to benefit and this helps the economic situation of the said country or nation as seen in some economies of the world lately. Also alteration in interest rates can have different consumer effects which ranges from spending habits depending on a number of factors to other habits that may end up boosting the economy also current rate levels, expected future rate changes, confidence of the consumer, and the overall health of the economy.
Answer:
True
Explanation:
Given a certain production level, cost minimization is equal to product maximization. Cost minimization refers to the production level where average total cost per unit is lowest. On the other hand, production maximization refers to maximizing product output given certain restraints, e.g. amount of raw materials, number of labor hours, etc. Product maximization basically refers to the efficiency of production.
If someone can achieve product maximization and cost minimization, they should be maximizing profit.
Answer:
4 V's of Operation
The 4 V's of operation are Volume, Variety, Variation, and Visibility. Let us take Mrs. Happy Food Cafe with over 100 outlets in Fiacton Town, as an example to illustrate the 4 V's of operation.
Volume: As a food cafe, the volume of production that will be required for some foods and drinks is so high that their provision requires repetitive tasks. Based on this, procedures are normally standardized in order to achieve low cost for foods and drinks. However, it is harder to standardize services, since personal touches are added by the servers based on their individual perceptions and abilities.
Variety: Mrs. Happy Food Cafe tries to bring some variety in her offerings to satisfy the various needs of her customers. While variety is naturally low in the Food Cafe sector, some cafes like Mrs. Happy Good Cafe, try to satisfy customers' demands by varying the foods with Continental, African, Latino cuisines and dishes.
Variation: At Mrs Happy Food cafes, the food and drinks do not vary much as customers expect to be served the same quality of services at any of their cafes. This is because the processes are standardized to achieve low cost. So, the variation is moderate.
Visibility: Customers of Mrs Happy Food cafes are not able to see and track their experiences of the the processes for the food preparation that they order. But, they can track the processes for the services because services are consumed as they are offered. So, visibility is 'Moderate," as it is divided between the hard goods and the soft goods. With respect to goods visibility is 'Low.' However, with respect to the services the customers' visibility of processes is high.
Explanation:
The 4 V's of operation describe the different characteristics of the processes that various entities use to transform their inputs into outputs of goods and services. They may be high, low, or moderate. They include, volume, variety, variation, and visibility.
Answer:
1. Share of Ann's Loss: $31,048
2. Share of Becky's Loss: $60,000
3. Maximum Loss Allowed: $41,300
Explanation:
The total loss for the year is $120,000 and both Ann and Becky own 50% each.
1. Share of Ann's Loss:
Ann had ownership of Whitman Inc. for 189 days which means the 50% of the total loss would be further lessened by 189/365 factor.
Mathematically:
Ann's Loss = $1,20,000 * 50% * (189/365) = $31,048 Loss
2. Share of Becky's Loss:
This means that the share of loss for Becky would be = $120,000 * 50%
= $60,000
3. Maximum Loss Allowed:
As the stock basis is $41,300, hence the maximum loss for Becky would be $41,300.