Explanation:
The net asset value of the mutual fund can be calculated by subtracting the total liabilities from the total assets and then dividing the result by the number of shares outstanding.
Total assets = $39,333,444
Total liabilities = $6,753,789
Number of shares outstanding = 11,521,000
Net Asset Value (NAV) = (Total Assets - Total Liabilities) / Number of Shares Outstanding
NAV = ($39,333,444 - $6,753,789) / 11,521,000
NAV = $32,579,655 / 11,521,000
NAV = $2.83
Therefore, the net asset value of the mutual fund is $2.83.
How are charts inserted into a PowerPoint slide?
Charts inserted into a PowerPoint slide will be done with the help of the insert menu.
To insert an Excel chart in a PowerPoint slide following steps will be in use:
Click Insert > Chart as well as select the desired chart to start building a basic chart from scratch in PowerPoint.
Click Chart under the Exhibits group under the Insert tab.
Press the arrows to go through the different chart types in the Insert Chart dialogue box.
Choose OK after selecting what kind of chart you like.
Another method to do the same will be
To copy a chart from Excel into another Office program, select the chart and hit Ctrl+C.
Launch PowerPoint and then hit Ctrl+V to paste the chart there.
Decide how you would like to paste the chart by clicking Paste Options beside it.
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Assignment 2 Question 1 (20 marks) ABC company sells product X to the local market. As a result of decline in demand for product X, ABC is planning to launch a new product, product Y. Each unit of product Y will sell for N$10. The company is not sure of the unit cost to produce one unit of product Y. The production manager has estimated that one unit of product Y might cost either N$6 per unit or N$8 per unit. There is a 70% chance that it will cost N$6 per unit. Due to the uncertainty of the demand of product Y during, the sales department has estimated that they can either sell 10 000 units or 15 000 units. There is a 20% chance that 15 000 units will be sold. REQUIRED:
With the aid of a decision tree, advise ABC whether to launch or not launch 1.1 ptoduct Y. Show all the relevant working to support your answer. Please note there is negative marking for not following the rules of decision trees. Total Good Average Poor
Question 2 (10 marks) Lukas operates a business that sells fruit to a market where the level of demand is uncertain. Lukas knows that he has to ensure is adequately stocked for him to make reasonable returns. His challenge is that he has to place orders for fruit before he knows the demand. A friend of his has assisted him to draw up a payoff table as depicted below. The payoff table shows the profits that Lukas can expect depending on the level of order that he places and the level of demand that finally occurs at the market. Demand level 2.1 Maxmin 2.2 Maxmax 2.3 Minimax regret approach Total
REQUIRED: Advise Lukas on which order level to choose if the following criteria were used: B High N$600 N$200 (N$100) 12 E F 6 Page 15 of 17 Level of order Medium N$300 N$400 N$300 7
Question 3
The project manager of lileka (Pty) Ltd compiled the following network diagram for the completion of their next project together with the duration of each activity in weeks: D Low N$100 N$100 N$200 FACULTY OF COMMERCE, MANAGEMENT AND LAW OLD CURRICULUM MODULES 2 MARKS
REQUIRED:
3.1 Make a list of all different paths through the network and compute the duration of each path.
3.2 Determine the activities that form part of the critical path.
3.3 Determine the number of weeks it would take to complete the entire project.
3.4 Determine down the Earliest Starting Time (EST) of each activity. 20
3.5 Determine down the Earliest Completion Time (ECT) of each activity.
3.6 Calculate the latest completion time of each activity.
3.7 Calculate the Latest Starting Time of each activity.
3.8 Calculate the Slack of each activity. Total 20 MARKS
Slack, also known as float, is the amount of time a project can slip before it bumps into every other task. It's routinely calculated into your task when you schedule tasks, and you can use it as buffer time if wished when your time table is at risk of being delayed.
How to Calculate Free Slack?As the free slack is associated to the character tasks, so it can be calculated by way of taking the difference between the next sequential task's estimated start date and the end date of the modern-day task.
The components for calculating slack time (ST) is simple. Determine the modern start time (LST) and the earliest begin time (EST). Subtract EST from LST to get the complete slack time for the project.
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The future value of a loan or investment may be determined using the formula FV = P*(1+R/N)(N*T), where FV is the future value, P is the original principal, R is the annual interest rate, N is the number of times interest is compounded annually, and T is the amount of time in years.
What is the compound interest formula with an illustration?It is necessary to compute A, or the investment's future value. P (Initial Investment Value) is equal to $10,000. 3% compounded monthly is the rate of return, or r. m (the number of monthly compounding cycles) = 12.
What is the 3-year compound interest rate at 10 percent?Compounding for three years at a 10% annual rate results in Rs 331. Q. Calculate the C.I. on 15,625 at 8% annual compounding for 3 years.
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Equilibrium price formula
Answer:
SQ=DQ, Quantity Supplied = Quantity Demanded
Explanation:
Equilibrium price refers to the price in the market at which the demand for a particular product is equal to the supply of that particular product. This price is a stable quantity and does not change until and unless there is a change in demand or the supply of products.
The sole purpose of determining the equilibrium price is to find a price at which buying and selling of the product can be agreed upon.
Quantity Supplied is equal to Quantity of product * price per unit
SQ = Q + yP
Quantity demand is equal to Quantity of product * price per unit
DQ = Q + yP
So, SQ = DQ
Service fees, transfer fees, and ATM fees _____ the bank account.
A. are not added to or deducted from
B. are both added to and deducted from
C. are deducted from
D. are added to
Service fees, transfer fees, and ATM fees are deducted from the bank account. The Option C is correct.
What are deductions from bank accounts?Deductions from bank accounts refer to the various types of withdrawals or reductions made from a bank account balance. These deductions can include charges or fees levied by the bank for services such as monthly maintenance fees, overdraft fees, wire transfer fees, ATM fees, or check printing fees.
Other common deductions from bank accounts may include loan payments, credit card payments, or authorized debits for recurring bills or subscriptions. Additionally, government entities or financial institutions may also deduct taxes, levies, or court-ordered payments from bank accounts.
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Which term describes the relationship between a bond's price and yield?
Coupon rate is the term that describes the relationship between a bond's price and yield. The higher a bond , the higher its yield.
What is a Coupon Rate?
A Coupon rate is the interest payment that a bondholder receives from the date of allocation until the bond's maturity date in the world of finance. naturally, tickets are bandied in terms of the" pasteboard rate," which is determined by adding the total periodic pasteboard payments and dividing the result by the face value of the bond. still, 000 face value offers a 5 pasteboard rate, for case, If a bond with a$ 1. Anyhow of the increase or drop in the bond's request value, the periodic interest payment will stay at$ 50 for the duration of the bond until it matures.
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what are publics in the marketing context? why are they important to marketers? suggest the publics for a specific business.
Explanation:
In marketing, the term "publics" refers to groups of people who have a particular interest in or impact on a company or its products. Some examples of publics include customers, investors, employees, suppliers, government agencies, and the media.
Publics are important to marketers because they can affect a company's success in various ways. For example, customers can either buy a company's products or choose to take their business elsewhere. Investors can choose to invest in a company's stock or not. Government agencies can set regulations that affect a company's operations. The media can influence public opinion about a company and its products.
For a specific business, let's consider a local coffee shop. Some potential publics for this business could include:
1. Customers: These are the people who visit the coffee shop to purchase coffee, tea, pastries, and other items. Customers are important to the coffee shop because they provide revenue and can recommend the business to others.
2. Employees: The coffee shop depends on its employees to provide friendly and efficient service to customers. Satisfied employees can help create a positive work environment and provide good customer service.
3. Local residents: The coffee shop is part of the local community, and it is important for the business to maintain good relationships with residents. This can involve supporting local events, being involved in community organizations, and sourcing ingredients from local suppliers.
4. Suppliers: The coffee shop relies on suppliers to provide high-quality coffee beans, milk, pastries, and other ingredients. Maintaining good relationships with suppliers can ensure a steady supply of inventory and favorable pricing.
5. Health inspectors and other regulators: The coffee shop must comply with health and safety regulations, and maintain good relationships with regulatory agencies to avoid fines and reputational damage.
6. Local media: The coffee shop may want to engage with local media outlets to promote new products or events, or respond to any negative publicity.
By understanding and managing these publics effectively, the coffee shop can build its brand reputation, attract and retain customers, and ultimately grow its business.
In the context of marketing, publics refer to specific groups of people who have an interest in a company, product, or service. These groups can include customers, employees, shareholders, suppliers, the media, and the general public.
Publics are essential to marketers because they help identify key stakeholders and their attitudes, perceptions, and behaviors toward the company. Understanding these different publics enables marketers to create effective marketing strategies and communication plans that cater to each group's specific needs and preferences. Engaging with publics can also help build brand reputation, increase customer loyalty, and drive sales.
For example, let's consider a small coffee shop. The following are potential publics for this business:
Customers: Regular and occasional customers who purchase coffee, snacks, or meals from the coffee shop.
Employees: Staff members who contribute to the success of the business.
Suppliers: Companies that provide the coffee beans, food, and other necessary supplies for the coffee shop.
Media: Local newspapers, magazines, bloggers, or social media influencers who may feature the coffee shop in their content.
Community: The local community in which the coffee shop is located is another public that the business should engage with and support.
Investors: If the coffee shop has shareholders or investors, then they are a public that the business should communicate with and keep informed about the company's performance and growth.
Identifying and engaging with these publics can help the coffee shop understand their needs, preferences, and opinions, and develop targeted marketing strategies that cater to each group. This approach can help build a loyal customer base, drive business growth, and increase brand awareness.
Explain why it is important to continuously give salespeople product training?
Answer the following questions:
Instructions: Enter your answers rounded to the nearest whole number.
a. By how much will GDP change if firms increase their investment by $8 billion and the MPC is 0.80?
$ ____ billion
b. If the MPC is 0.67?
$ ____ billion
GDP will change by $40 billion if MPC is 0.80. GDP will change by $24.24 billion if MPC is 0.67.
A thorough evaluation of American economic activities. Without considering the intermediate commodities and services that were used to make them twice, the GDP calculates the value of the final goods and services produced in the US.
The marginal propensity to consume (MPC) concept quantifies how much more people will spend for every dollar of new income. The marginal consumption to marginal income ratio, or MPC, is determined. Propensity to consume is the percentage of disposable income that people spend on consuming.
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Explain the key components of the Fair Labor Standards Act (FLSA).
The Fair Labor Standards Act (FLSA) is a federal law in the United States that establishes standards for minimum wage, overtime pay, and other employment practices.
What is the Fair Work Act's primary goal?
The Fair Work Act's primary goal is to establish a national system of workplace relations in Australia that promotes fairness, productivity, and economic prosperity. It aims to provide a comprehensive framework for regulating employment relationships and sets out the rights and responsibilities of employers and employees in the workplace.
The Act covers a wide range of employment matters, including minimum wages, working hours, leave entitlements, termination of employment, and dispute resolution. It also establishes the Fair Work Commission, which is responsible for overseeing the administration of the Act and resolving workplace disputes.
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Assume there is a recessionary gap of $200 billion, and that the government has decided to engage in expansionary fiscal policy to eliminate this recessionary gap.
How much must the government spend to get the economy to the long-run equilibrium if the marginal propensity to consume is 0.5?
$
billion
To bridge the deficit and boost real GDP, policymakers may decide to enact a stabilization policy (expansionary policy). Lowering interest rates and increasing government expenditure are two ways that monetary authorities might raise the quantity of money in circulation in the economy.
How to fix a recessionary gap with fiscal policy?
In order to close negative output gaps, expansionary fiscal policy is utilised. This is because you want to grow an economy that is generating too little. (recessions). Expanding fiscal policy involves either raising taxes or reducing spending by the government.
Government can use expansionary fiscal policy to overcome a recessionary gap by reducing tax rates and increasing expenditure, which can counteract a decline in other spending and bring AD back to employment level.
When the economy is experiencing a recessionary gap, the Fed will use an expansionary monetary policy to boost the amount of money available in the market by purchasing assets, cutting the reserve rate, and/or lowering the discount rate.
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4. The items below appear on an employment application. Determine the level of measurement of the data. (a) Highest grade level completed (c) Gender (b) Year of college graduation (d) Number of years at last job 5. Read the following on attendance l and grades, and answer the questions. A study conducted at Unity University revealed that students who attended class 95 to 100% of the time usually received an A in the class. Students who attended class 80 to 90% of the time usually received a B or C in the class. Students who attended class less than 80% of the time usually received a D or an F or eventually withdrew from the class. Based on this information, attendance and grades are related. The more you attend class, the more likely it is you will receive a higher grade. If you improve your attendance, your grades will probably improve. Many factors affect your grade in a course. One factor that you have considerable controlover is attendance. You can increase your opportunities for learning by attending class more often. (a) What are the variables under study? (b) What are the data in the study? (c) Are descriptive, inferential, or both types of statistics used? (d) What is the population under study? (e) Was a sample collected? If so, from where? (f) From the information given, comment on the relationship between the variables.
4. The level of measurement for each item on the employment application:
(a) Highest grade level completed - ordinal
(b) Year of college graduation - interval
(c) Gender - nominal
(d) Number of years at last job - ratio
5. (a) The variables under study are attendance and grades.
(b) The data in the study are the percentages of attendance and the corresponding grades received by the students.
(c) Descriptive statistics are used to describe the relationship between attendance and grades.
(d) The population under study is the students at Unity University.
(e) Yes, a sample was collected from the students at Unity University.
(f) Based on the information given, there is a positive relationship between attendance and grades. The more a student attends class, the more likely they are to receive a higher grade. Improving attendance can increase the opportunities for learning and improve grades. However, it is important to note that attendance is not the only factor that affects grades in a course.
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Dons Products, Inc. is considering two independent investments having the following cash flow streams: Years. Project A Project B 0 -$50,000 -$40,000 1 +20,000 +20,000 2 +20,000 +10,000 3 +10,000 +5,000 4 +5,000 +40,000 5 +5,000 +40,000 Dons uses a combination of the net present value approach and the payback approach to evaluate investment alternatives. It requires that all projects have a positive net present value when cash flows are discounted at 10 percent and that all projects have a payback period no longer than 3 years. Which project or projects should the firm accept? Why?
Based on these calculations, Dons Products should accept Project A because it meets both the positive NPV and payback requirements, while Project B does not meet the payback requirement.
To evaluate the investment alternatives, we need to calculate the net present value (NPV) and payback period of each project.
Using a discount rate of 10%, the NPV of Project A is:
NPV(A) = -$50,000 + $20,000/(1+0.10)^1 + $20,000/(1+0.10)^2 + $10,000/(1+0.10)^3 + $5,000/(1+0.10)^4 + $5,000/(1+0.10)^5
NPV(A) = -$50,000 + $16,528.93 + $16,528.93 + $7,724.78 + $3,540.98 + $2,841.90
NPV(A) = $2,164.52
The NPV of Project B is:
NPV(B) = -$40,000 + $20,000/(1+0.10)^1 + $10,000/(1+0.10)^2 + $5,000/(1+0.10)^3 + $40,000/(1+0.10)^4 + $40,000/(1+0.10)^5
NPV(B) = -$40,000 + $18,181.82 + $8,264.46 + $3,791.51 + $23,955.44 + $23,262.60
NPV(B) = $18,455.83
The payback period of Project A is:
Year 1: $20,000
Year 2: $20,000
Year 3: $10,000
Year 4: $5,000
Year 5: $5,000
Total: $60,000
Project A pays back in the third year, so it meets the payback requirement of three years or less.
The payback period of Project B is:
Year 1: $20,000
Year 2: $10,000
Year 3: $5,000
Year 4: $40,000 - ($35,000/$10,000) = $36,500
Total: $71,500
Project B pays back in the fourth year, which is longer than the required payback period of three years or less.
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Use the information in the table below to answer the following two questions.
Items Billions of $
Savings deposits 8000
Money market mutual funds 700
M2 13700
Checking deposits 1750
Small time deposits 750
How much is M1?
$
billion
Part 2 (1 point)See Hint
Now, calculate the amount of currency in billions of dollars in the economy from the given information (assume no traveler's checks).
$
billion
M1 includes checking deposits and savings deposits, but not money market mutual funds or small time deposits. The economy now has $3950 billion in currency.
How to calculate M1 value?Therefore, M1 = $8000 + $1750 = $9750 billion.
To calculate the amount of currency in the economy, we need to subtract the non-currency components of M1 (checking deposits and savings deposits) from M2.
Therefore, currency = M2 - checking deposits - savings deposits
= $13700 billion - $1750 billion - $8000 billion
= $3950 billion.
So, the amount of currency in the economy is $3950 billion.
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The required reserve ratio is 25% for all banks. Second National Bank is capable of loaning $____________to its customers.
A Second National Bank could lend up to 75% of the its deposits based on the information provided because a 25% reserve ratio is necessary. As a result, if the bank possesses $1,000,000 in assets, it can lend its clients $750,000.
How much loan amount Second National Bank can give?A loan is anything loaned to another person in exchange for a future payment of the loan amount plus the interest and other financing charges, whether it be property, cash, or other tangible goods.
Borrowed funds from the a bank or other financial organisation is known as a loan. The borrower consents to repay the loan's principle plus interest. There are many different kinds of loans, such as auto loans, college loans, and mortgages.
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Consider a time when you worked on a class project or a project at work and some members of the team didn't pull their weight. How did you deal with it? What were the results?
Why have variable pay-for-performance plans become popular and what elements are needed to make them successful?
Answer:
to deal with such person, let it be rest for few hours while others are working on project. when we let it work it will caused harm to it.
Explanation:
for the betterment of class project group,
we should be capable enough to deal with such situation.
Based on your experience, as well as the Chapter information, what are some good "rules of thumb" for conducting successful performance appraisal interviews?
Use industry norms and work specifications. Include the precise steps that must be taken to achieve the target performance level. Put performance first; ignore personality. Examine real, tangible concerns rather than irrational sensations or emotions; evaluate results.
What is the rule of thumb in performance appraisal?
As a general rule, give each employee at least one hour to study the file, arrange the material, and write the performance reviews. Prior to the deadline, give yourself time to prepare and complete an initial draught of the evaluation. To make sure it is impartial, appropriate, and thorough, consider it, review the document, and test it.
Progress and ongoing, regular feedback are intertwined. During the workday, progress is the single most significant motivation, and it can be challenging to assess our success without ongoing interactions and comments.
The manager's judgements that are based on his own judgements are referred to as rule of thumb decisions. Taylor advised managers to apply scientific management concepts when making judgements rather than relying solely on common sense.
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a strategy through which a firm collaborates with one or more companies to expand its operations is called:
Answer would be Strategic alliances
What is the diagnostic phase of a sales meeting called?
O implementation
O gaining attention
O call to action
O needs assessment
The diagnostic phase of a sales meeting is called "needs assessment".
What happens in the diagnostic phase?During this phase, the salesperson focuses on understanding the customer's specific needs and requirements.
This involves asking questions and actively listening to the customer's responses in order to gain a deeper understanding of their situation and identify potential solutions that the salesperson can offer.
By conducting a thorough needs assessment, the salesperson can tailor their presentation and recommendations to meet the customer's specific needs and ultimately increase the likelihood of closing the sale.
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Influence of the free enterprise system
An economy where the market, as opposed to the government, sets pricing for goods and services is known as free enterprise or the free market. Government control over businesses and services is not present.
Alternatively, the term "free enterprise" could refer to a philosophical or legal framework in which the majority of controls over commercial activity come from the private sector.
Free enterprise refers to commercial operations that are governed by a set of legal norms, such as property rights, contracts, and open bidding, rather than by government regulation. The justification for free enterprise is the idea that interference by the government in business and the economy stunts development. A free-market legal system frequently leads to capitalism. Increasing independence, market effectiveness, consumer rights, financial security, and stability are the goals of a free enterprise.
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8. Consider the information in the table below:
Factory rent 50,000
Factory electricity 45,000
Processing Dept – supervisor 14,000
Packing Dept – supervisor 13,000
Depreciation of equipment 32,000
Factory canteen expenses 20,000
Welfare costs of factory employees 16,000
Processing Packing Canteen Services
Floor area 20,000 m2 14,000 m2 10,000 m2 6,000 m2
NBV equipment $600,000 $500,000 $300,000 $200,000
No. of employees 55 35 5 5
Required:
a) Allocate and apportion production overhead costs amongst the four departments using a suitable basis.
The Canteen and Services provides work for the Processing and Packing departments as follows:
Processing Packing Canteen Services
Canteen 45% 45% - 10%
Services 55% 35% 5% -
Required:
b) Reapportion the costs from the Canteen and Services department to the production departments.
a) To allocate and apportion production overhead costs amongst the four departments, we need to choose a suitable basis. The table provides information on the floor area, NBV equipment, and the number of employees in each department. A suitable basis could be the number of employees since it is a common factor in all departments.
Using the number of employees as a basis, we can allocate the supervisor costs and welfare costs to each department based on the number of employees in each department:
Processing Dept – supervisor = $14,000 x (55/100) = $7,700
Packing Dept – supervisor = $13,000 x (35/100) = $4,550
Total supervisor costs = $12,250
Welfare costs of factory employees = $16,000
Total production department employees = 55 + 35 = 90
Welfare cost per employee = $16,000 / 90 = $177.78
Allocated welfare costs for Processing Dept = $177.78 x 55 = $9,777.78
Allocated welfare costs for Packing Dept = $177.78 x 35 = $6,222.22
To apportion the remaining costs, we can use the floor area as a basis. We have a total floor area of 50,000 m2.
Factory rent = $50,000 x (20,000/50,000) = $20,000
Factory electricity = $45,000 x (20,000/50,000) = $18,000
Depreciation of equipment = $32,000 x (20,000/50,000) = $12,800
Total allocated costs for Processing Dept = $7,700 + $9,777.78 + $20,000 + $18,000 + $12,800 = $68,277.78
Factory rent = $50,000 x (14,000/50,000) = $14,000
Factory electricity = $45,000 x (14,000/50,000) = $12,600
Depreciation of equipment = $32,000 x (500,000/2,100,000) = $7,619.05
Total allocated costs for Packing Dept = $4,550 + $6,222.22 + $14,000 + $12,600 + $7,619.05 = $44,991.27
Factory canteen expenses = $20,000 x (10,000/50,000) = $4,000
Total allocated costs for Canteen Dept = $4,000
b) To reapportion the costs from the Canteen and Services department to the production departments, we can use the percentages given in the table.
Allocated canteen costs for Processing Dept = $4,000 x 45% = $1,800
Allocated canteen costs for Packing Dept = $4,000 x 45% = $1,800
Allocated canteen costs for Services Dept = $4,000 x 10% = $400
Allocated services costs for Processing Dept = $12,250 x 55% = $6,737.50
Allocated services costs for Packing Dept = $12,250 x 35% = $4,287.50
The final allocated and reapportioned production overhead costs are:
Processing Dept = $68,277.78 + $1,800 + $6,737.50 = $76,815.28
Packing Dept = $44,991.27 + $1,800 + $4,287.50 = $51,079.77
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Using concepts and actions explained in this chapter (Chapter 5): Decide if Aldi is more likely to respond to any strategic actions Amazon might initiate through Whole Foods, or If Amazon through Whole Foods is more likely to respond to any strategic actions Aldi takes. Be prepared to justify your decision.
In Chapter 5, the concept of competitive rivalry was discussed, which is a crucial factor in determining how firms respond to strategic actions taken by their competitors. Based on this concept, Aldi and Amazon/Whole Foods operate in different competitive environments, which affects their likelihood of responding to each other's strategic actions.
Aldi operates in the discount grocery market, which is highly competitive, with other players like Walmart, Dollar General, and Kroger. In contrast, Amazon/Whole Foods operates in the premium grocery market, which is also competitive but with a different set of players such as Trader Joe's and Sprouts Farmers Market.
Given this competitive environment, it is more likely that Aldi will respond to strategic actions initiated by Amazon/Whole Foods. This is because Amazon/Whole Foods is operating in a different market segment than Aldi and thus poses a lesser direct threat to Aldi's market share. However, Aldi is still likely to respond to strategic actions initiated by Amazon/Whole Foods to maintain its competitive position in the discount grocery market.
On the other hand, it is less likely that Amazon/Whole Foods will respond to strategic actions taken by Aldi. This is because Aldi operates in a market segment that is not directly competing with Amazon/Whole Foods, and thus, Amazon/Whole Foods may not perceive Aldi's actions as a direct threat to its market share. However, Amazon/Whole Foods may still respond to Aldi's strategic actions if it perceives that Aldi's actions could have a ripple effect on the overall grocery market or if Aldi's actions could threaten Amazon/Whole Foods' long-term growth plans.
In summary, Aldi is more likely to respond to strategic actions initiated by Amazon/Whole Foods, while Amazon/Whole Foods is less likely to respond to strategic actions initiated by Aldi. The competitive environment in which each firm operates and the perceived level of threat posed by the other firm's ac
(Create an advertising plan)
Product: Cheetos Country: Australia
-Establish Objectives: How will you inform, persuade and remind?
- Determine Budget: What is your advertising budget? (Use some form of concrete data ex. Percentage of sales)
- Message and Creative Strategy: What information needs to be delivered to the target audience?
- Media Selection: How will your message be transmitted to your target audience?
- Evaluation: How will you measure the effectiveness of the ad?
The advertising plan for the given company is given below:
The Advertising PlanIn order to further promote brand awareness of Cheetos in Australia and fuel its sales, an advertising plan has been implemented with a total budget of AUD $100,000.
This campaign will use a combination of digital and classic media outlets such as social media, television and outdoor locations to reach the most receptive age group; those ranging from 18-35 years old.
Its success in swaying the target audience into buying Cheetos is monitored through sales progressions as well as customer surveys gauging the remembrance rate of its adverts.
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PLSS HELP ME!!!
The money charged for instruction by a university is called
a
a grant
b
FAFSA
c
tuition
d
a scholarship
Lance-Hefner Specialty Shoppes decided to use the dollar-value LIFO retail method to value its inventory. Accounting records provide
the following information:
Merchandise inventory, January 1, 2021
Net purchases
Net markups
Net markdowns
Net sales
Related retail price indexes are as follows:
January 1, 2021
December 31, 2021
1.00
1.20
Ending inventory at retail
Ending inventory at cost
Cost of goods sold
Required:
Determine ending inventory and cost of goods sold using the information provided.
S
Cost Retail
$292,000 $400,000
492,800
635,000
20,000
15,000
500,000
540,00
The ending inventory at cost is $1,059,810.77 and the cost of goods sold is $364,989.23.
How did we get the values?To calculate the ending inventory and cost of goods sold using the dollar-value LIFO retail method, we need to follow these steps:
Calculate the cost-to-retail percentage (also known as the cost complement) at the beginning of the year:
Cost-to-retail percentage = Cost of beginning inventory / Retail value of beginning inventory
Cost-to-retail percentage = $292,000 / $400,000 = 0.73 or 73%
For each purchase during the year, calculate its cost and retail value:
Cost = Net purchase + Net markup - Net markdown
Retail value = Cost / Cost-to-retail percentage
Here are the calculations for the purchases:
First purchase:
Cost = $492,800 + $20,000 - $15,000 = $497,800
Retail value = $497,800 / 0.73 = $682,191.78
Second purchase:
Cost = $635,000 + $0 - $0 = $635,000
Retail value = $635,000 / 0.73 = $869,863.01
Calculate the ending inventory at retail value:
Ending inventory at retail = Beginning inventory at retail + Purchases - Sales
Ending inventory at retail = $400,000 + $682,191.78 + $869,863.01 - $500,000 = $1,451,054.79
Calculate the ending inventory at cost:
Ending inventory at cost = Ending inventory at retail value x Cost-to-retail percentage
Ending inventory at cost = $1,451,054.79 x 0.73 = $1,059,810.77
Calculate the cost of goods sold:
Cost of goods sold = Beginning inventory at cost + Purchases - Ending inventory at cost
Cost of goods sold = $292,000 + $1,132,800 - $1,059,810.77 = $364,989.23
Therefore, the ending inventory at cost is $1,059,810.77 and the cost of goods sold is $364,989.23.
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I pasted the file. I need help on the variable step.
The company needs to produce and sell at least 38 cases of Eternal Beauty lotion per month to break even.
The fixed and variable portions of the utility costThe high and low points are the months with the highest and lowest production levels, respectively.
The change in cost is $140 i.e. ($740 - $600), and the change in activity is 1,200 - 500 = 700 cases.
The variable cost per unit of activity is:
Variable cost per unit = Change in cost / Change in activity
Variable cost per unit = $140 / 700 cases
Variable cost per unit = $0.20 per case
To find the fixed cost component, we can use the total cost equation:
Total cost = Fixed cost + (Variable cost per unit * Activity level)
Using the high or low point, we can solve for the fixed cost:
$740 = Fixed cost + ($0.20 * 1,200)
Fixed cost = $500
Therefore, the fixed and variable portions of the utilities cost are:
High Point Low Point
Variable cost per unit $0.20 $0.20
Total fixed cost $500 $500
Total cost $740 $600
The contribution margin per caseThe contribution margin per case is the amount of revenue per case minus the variable costs per case.
The revenue per case is the selling price minus the selling commission:
Revenue per case = Selling price - Selling commission
Revenue per case = $100 - $20
Revenue per case = $80
The variable costs per case are the sum of the direct materials and direct labor costs:
Variable costs per case = Direct materials per case + Direct labor per case
Variable costs per case = $17.00 + $7.20
Variable costs per case = $24.20
Therefore, the contribution margin per case is:
Contribution margin per case = Revenue per case - Variable costs per case
Contribution margin per case = $80 - $24.20
Contribution margin per case = $55.80
The fixed costs per month, including the utility fixed costThe fixed costs per month include the fixed portion of the utilities cost, as well as the facility lease, equipment depreciation, and supplies:
Utilities cost (from part 1) = $500Facility lease = $14,000 / 12 = $1,166.67Equipment depreciation = $4,300 / 12 = $358.33Supplies = $660 / 12 = $55.00So, we have
Total fixed costs = $500 + $1,166.67 + $358.33 + $55.00 = $2,080.00
The break-even number of casesThe break-even number of cases per month can be calculated using the following formula:
Break-even cases = Fixed costs / Contribution margin per case
Substituting the values from parts 2 and 3:
Break-even cases = $2,080 / $55.80
Break-even cases = 37.28
Therefore, the break-even number of cases per month is 38 (rounded up to the nearest whole number).
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When considering the recommendation for a policy replacement or exchange, the replacing producer must consider all of the following EXCEPT:
A) Whether the consumer will incur a surrender charge or will be subject to a new surrender period
B) Whether the replacement is external with a new insurer or internal with an existing insurer
C) Whether the consumer will incur increased premium or fees
D) Whether the consumer will lose any existing benefits
By taking all these factors into account, the replacing producer can ensure that the proposed replacement policy is suitable for the consumer's needs and objectives. Therefore, options A, B, C, and D are all factors that the replacing producer must consider.
When considering a recommendation for a policy replacement or exchange, the replacing producer must consider several factors, including the potential impact on the consumer's surrender charge or new surrender period, whether the replacement is internal or external, whether the consumer will incur increased premiums or fees, and whether the consumer will lose any existing benefits.
It is crucial for the producer to provide the consumer with all the necessary information related to the replacement or exchange, including the advantages and disadvantages of the proposed policy, the differences between the new and existing policies, and the possible costs associated with the replacement. The producer should also determine whether the recommended policy meets the consumer's financial objectives and whether the consumer's financial situation has changed since the original policy purchase.
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what is computer studies
Answer:
Explanation: Computer studies is about understanding how computers work, how to use them to solve problems, and how to develop and manage computer systems. It is a broad and diverse field that is essential in today's digital age, as computers are used in almost every aspect of modern life, from communication and entertainment to business and science.
What constitutes the scope or range of products, services, and transactions that a producer must consider for a consumer in order to meet the suitability standard for Regulation 187?
A) All that are available to the producer
B) All that are available in the marketplace
C) The cheapest that are available to the producer
D) The cheapest that are available in the marketplace
The scope or range of products, services, and transactions that a producer must consider for a consumer in order to meet the suitability standard for Regulation 187 is option A - all that is available to the producer.
This regulation applies to producers of insurance products in California and requires them to ensure that any insurance product they sell or recommend is suitable for the consumer's needs, financial objectives, and circumstances. The producer must consider all the products, services, and transactions available to them, including those from their own company and from other companies in the marketplace.
In other words, the producer must analyze all the relevant factors for the consumer and make sure that the recommended product is suitable based on the consumer's situation. This involves gathering information about the consumer's financial situation, risk tolerance, investment goals, and other relevant factors, and then considering all the products available to them to determine which is most appropriate. By doing so, the producer can ensure that they are providing the best possible advice and product recommendation to the consumer, which is in line with the suitability standard of Regulation 187.
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On January 1,2017 mr kebede borrowed 10000 br from awash international bank s.c at 12% interest rate compound semi annually for 3 years? A.calculate the amount of interest payment ?
B. Pass the necessary journal entry to record the borrowing &payment ?
$600 is the amount of the interest. The journal entry will include cash and interest account.
The information provided:
Amount that is borrowed = $10000
The interest rate = 12%
The interest is calculated on a semi-annual basis for 3 years.
The amount of interest payment is
= 10000 × 19/100 × 3/6
= 600
The entry's creation date. The time frame within which the recording must be made. The person's name who made the entry. The journal entry will include borrowing & payment accounts of the same.
Cash a/c (Dr.) 600
To interest a/c (Cr.) 600
(The interest will be calculated and charged by the bank)
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