Sarah Wiggum would lake to make a single investment and have $1.7mili ion at the time of har fatrement in 25 years . She has found a mutual fund that will earn 6 percent annually. How much will Sarah have to invest today? If Sarah earned an annual refum of 18 percent how soen could she then retro? 3. If Sarah can eam 6 percent annually for the next 25 years, the amount of meney she will have to invest today is $ (Round to the nearost cont) b. If Sarah can eam an annual return of 18 percent, the number of years until ahe could rotre is years (Round to one decimal place)

Answers

Answer 1

a. The amount of money Sarah has to invest today is $432,317.

b. The number of years until Sarah could retire is 18.4 years.

Given that Sarah Wiggum wants to make a single investment and have $1.7 million at the time of her retirement in 25 years, and she found a mutual fund that will earn 6 percent annually. We are to find out the amount Sarah has to invest today. We will use the formula for future value (FV) of a present value (PV):

FV = PV (1 + r)n, where FV = Future value, which is $1.7 million PV = Present value, which we are to find out = Interest rate, which is 6%n = Number of years, which is 25 years Substituting the given values in the formula:1.7 million = PV (1 + 0.06)25 Taking PV to the left side of the equation, we get: PV = 1.7 million ÷ (1 + 0.06)25PV = 1.7 million ÷ 4.909PV = $346,707.32 Therefore, the amount of money Sarah has to invest today is $346,707.32 (rounded to the nearest cent).

Next, we are to find out the number of years until Sarah could retire if she could earn an annual return of 18 percent. Let's use the formula for future value (FV) of a present value (PV) again: FV = PV (1 + r) n, where FV = Future value, which is $1.7 million PV = Present value, which is $346,707.32 r = Interest rate, which is 18% n = Number of years, which we are to find out Substituting the given values in the formula:1.7 million = 346,707.32 (1 + 0.18) n

Taking n to the right side of the equation, we get:1.7 million ÷ 346,707.32 = (1 + 0.18) n Dividing the left side by the right side:4.909 = 1.18n Taking logarithm base 1.18 on both sides of the equation:

log1.18 (4.909) = nlog1.18 (4.909) ÷ log1.18 (1.18) = n = 18.4 Therefore, the number of years until Sarah could retire is 18.4 years (rounded to one decimal place).

To know more about logarithm visit:

brainly.com/question/30226560

#SPJ11


Related Questions

Human Resource Management: Recruitment and Selection

Employees are most likely to be involved in hiring decision making if they ___________.

a.

Work under a Tayloristic job design

b.

Work by themselves

c.

Are subject to a narrow span of control

d.

Are organised in work teams

Answers

Answer D is the correct answer. Employees are most likely to be involved in hiring decision making if they are organized in work teams. Working in work teams promotes collaboration and encourages input from different perspectives.

In such teams, members have the opportunity to share their insights and opinions about potential candidates, increasing their involvement in the recruitment and selection process. This approach enhances employee engagement and ownership over the decision-making process, leading to a more inclusive and effective hiring process. Working under a Tayloristic job design, working by themselves, or being subject to a narrow span of control do not necessarily provide the same level of employee involvement in hiring decision making.

To know more about decision making visit:

https://brainly.com/question/20075422

#SPJ11

What is the expected return and standard deviation of a portfolio comprised of $10,000 in stock M and $20,000 in stock N and covariance of M and N is 15% ? (20 Points)

Answers

The expected return of the portfolio is 8.67% and the standard deviation is 10.9%.

The expected return of a portfolio is the weighted average of the expected returns of its individual assets. In this case, we have $10,000 invested in stock M and $20,000 in stock N.

Let's assume the expected return of stock M is 10% and the expected return of stock N is 8%. To calculate the expected return of the portfolio, we multiply the weight of each asset by its expected return and sum them up.

Weight of stock M = $10,000 / ($10,000 + $20,000) = 1/3 = 0.333
Weight of stock N = $20,000 / ($10,000 + $20,000) = 2/3 = 0.667

Expected return of the portfolio = (Weight of stock M * Expected return of stock M) + (Weight of stock N * Expected return of stock N)
= (0.333 * 10%) + (0.667 * 8%)
= 3.33% + 5.34%
= 8.67%

So, the expected return of the portfolio is 8.67%.

To calculate the standard deviation of the portfolio, we need to consider the covariance between stock M and stock N. The formula for calculating the standard deviation of a portfolio is the square root of the weighted sum of the variances and covariances of the individual assets.

Standard deviation of the portfolio = sqrt((Weight of stock M)^2 * Variance of stock M + (Weight of stock N)^2 * Variance of stock N + 2 * Weight of stock M * Weight of stock N * Covariance of stock M and N)

Let's assume the standard deviation of stock M is 12% and the standard deviation of stock N is 10%.

Standard deviation of the portfolio =[tex]sqrt((0.333)^2 * (12%)^2 + (0.667)^2 * (10%)^2 + 2 * 0.333 * 0.667 * 15%)[/tex]
= sqrt(0.0444 + 0.0444 + 0.029925)
= sqrt(0.118725)
= 10.9%

So, the standard deviation of the portfolio is 10.9%.

In summary, the expected return of the portfolio is 8.67% and the standard deviation is 10.9%.

Learn more about standard deviation from the given link

https://brainly.com/question/475676

#SPJ11

You are a technology manager at a large financial organization. Write a memo informing employees that the company’s new security system now automatically tracks all employee online activity.

Answers

A memo to inform all employees that a new security system is implemented in the organization that tracks all employee online activities automatically.

The memo is meant to inform all the employees about the implementation of a new security system that has the capability to track all employee online activities automatically. The reason behind this system is to ensure that the organization's network is secure and to prevent any unauthorized access to sensitive data. The memo explains the purpose of the new security system, which is not meant to spy on the employees but rather to ensure compliance with the company's policies. The memo also states that appropriate action will be taken if any employee is found misusing the company's network or engaging in any other unauthorized activities. Finally, it asks for cooperation and understanding from the employees during this time.

To know more about security system visit:

brainly.com/question/32746158

#SPJ11

Question: Acceptance Of A Mutually Exclusive Project Is Insurance Against A Decrease In Shareholder Wealth Occurs At A Time When No Other Investment Opportunity Exists Rules Out All Competing Projects Is A Unique Opportunity That Occurs Rarely
Acceptance of a mutually exclusive project

is insurance against a decrease in shareholder wealth

occurs at a time when no other investment opportunity exists

rules out all competing projects

is a unique opportunity that occurs rarely

Answers

Acceptance of a mutually exclusive project can indeed act as insurance against a decrease in shareholder wealth.

When a project is mutually exclusive, it means that only one option can be chosen among the available alternatives. By selecting the most profitable project from the available options, shareholders can safeguard their wealth and potentially generate higher returns.

The acceptance of a mutually exclusive project is particularly advantageous when there are no other investment opportunities present. In such cases, shareholders have limited choices and need to carefully evaluate the available project before making a decision. By selecting the project that offers the highest potential return, shareholders can maximize their wealth and minimize the risk of a decrease in shareholder value.

Moreover, when a mutually exclusive project is chosen, it effectively rules out all competing projects. This means that shareholders are focused on a single opportunity and can direct their resources and attention towards its success. By concentrating efforts on a specific project, shareholders can mitigate the risks associated with diversification and ensure that their investments are allocated efficiently.

It is worth noting that opportunities for mutually exclusive projects may not arise frequently. These unique opportunities often involve specific circumstances or market conditions that make them rare. Therefore, when such an opportunity does present itself, shareholders should carefully assess its potential benefits and consider it as a valuable option to protect and enhance their wealth.

In summary, accepting a mutually exclusive project can serve as insurance against a decrease in shareholder wealth. This approach allows shareholders to choose the most profitable project when no other investment opportunities exist, effectively ruling out competing projects. Although these unique opportunities occur rarely, they provide shareholders with a chance to maximize their wealth and minimize the risk of a decrease in shareholder value.

To learn  more about shareholders :

https://brainly.com/question/32134220

#SPJ11


What is the Free Cash Flow to the Firm for Microsoft, which
has:

Cash Flow from Operations = $10,000m
Capital Expenditure = $2,000m
Interest Expense = $500m
Corporation Tax = 25%

Answers

The Free Cash Flow to the Firm (FCFF) for Microsoft is 7,625 million.

The Free Cash Flow to the Firm (FCFF) for Microsoft, we need to follow a specific formula.
FCFF = Cash Flow from Operations - Capital Expenditure - Interest Expense * (1 - Tax Rate)
Given the information provided:
Cash Flow from Operations = 10,000m
Capital Expenditure = 2,000m
Interest Expense = 500m
Tax Rate = 25% or 0.25.

Now, let's substitute the values into the formula:
FCFF = 10,000m - 2,000m - 500m * (1 - 0.25)
Simplifying the calculation:
FCFF = 10,000m - 2,000m - 500m * 0.75

= 10,000m - 2,000m - 375m
= 7,625m.

To know more about Microsoft visit:

https://brainly.com/question/33537872

#SPJ11

Calculate expected returns for the individual stocks in David's portfollo as well as the expected rate of return of the entire portfolio over the three possible market conditions next year, - The expected rate of return on Happy Dog Soap's stock over the next year is - The expected rate of retum on Black Sheep Broadcasting's stock aver the Inext year is - The expected rate of return on David's portfolio over the next year is Based on the graph's information, which of the following statements is true? Company A has lower risk. Company B has lower risk.

Answers

To calculate the expected returns for the individual stocks in David's portfolio,the specific values for the expected rate of return on Happy Dog Soap's stock and Black Sheep Broadcasting's stock over the next year.

This involves multiplying the expected rate of return for each stock by its respective weight in the portfolio, and then summing up these values. The weights are usually based on the proportion of each stock's investment in the portfolio.

As for the statement regarding risk, we cannot determine which company has lower risk based on the given information. The question does not provide any data or context related to risk measures or comparisons between the two companies.

To know more about expected visit:

https://brainly.com/question/32070503

#SPJ11

In a competitive market, which of the following would individually result in an increase in equilibrium quantity? Supply increases Demand decreases Both a supply increase and a demand decrease would reduce equilibrium price None of the above

Answers

In a competitive market, an increase in equilibrium quantity will be a result of the supply increase. This is because when there is an increase in supply, the price of the product will decrease, and hence there will be an increase in the number of products that can be sold at that price. Thus, it will lead to an increase in equilibrium quantity. The increase in equilibrium quantity can also occur in a situation where the demand decreases, but the supply remains constant.

This is because in such a situation, the price of the product will also decrease, which will lead to an increase in the quantity that can be sold at that price. The statement that 'both a supply increase and a demand decrease would reduce equilibrium price' is incorrect. This is because a supply increase would lead to a reduction in price, but a decrease in demand would lead to an increase in price. Therefore, it cannot be both. In conclusion, an increase in equilibrium quantity in a competitive market can be achieved either through an increase in supply or a decrease in demand.

To know more about demand visit:

https://brainly.com/question/30402955

#SPJ11

Now that you have evaluated external factors that influence your organisation's operation and examined some of the benefits and pitfalls of strategic management in the operations of your organisation, you need to think about the values propounded in your vision statement.

vision statement

To provide healthy and long-lasting clothing for people from all walks of life, from different classes, at affordable prices. Our dream is to see all people clothed and warm.

Looking at your organisation's vision statement, discuss five ways in which the retailer is meeting its standards or dreams through its CSR initiative and its statement of corporate values

Answers

The retailer can meet its standards and dreams through its CSR initiative and statement of corporate values in the following ways:
Donating clothes to underprivileged individuals or communities aligns with

the vision statement of providing clothing for people from all walks of life.
Implementing fair trade practices ensures that the retailer is supporting different classes of people and promoting economic equality, which is in line with the vision statement.
Promoting sustainability by using eco-friendly materials and production methods demonstrates the commitment to long-lasting clothing and aligns with the vision statement of providing healthy products.
Collaborating with non-profit organizations or community partners to organize clothing drives or events that benefit those in need supports the goal of clothing all people and demonstrates the retailer's commitment to its vision.

Offering affordable prices for their clothing items ensures that people m different classes can afford them, thereby meeting the goal of providing clothing for all and aligning with the vision statement.

To know more about corporate visit:

https://brainly.com/question/32217998

#SPJ11

Create a list of 10 (ten) behaviors you engage in (or have observed others engaging in) that are dependent on technology.

Answers

The impact of technology is evident in behaviours such as checking email, browsing social media, shopping online, streaming media and working remotely, improving convenience and connectivity.

Technology has had a significant impact on our lives, with behaviours like checking email and messages, browsing social media, shopping online, streaming, online banking, GPS navigation, online learning, remote work, digital entertainment and tech-heavy health and fitness tracking.

From communication and entertainment to education and work, our reliance on digital tools and platforms is evident. These behaviours demonstrate the transformative power of technology to improve convenience, connectivity, and efficiency in various aspects of our daily lives. 

Learn more about technology:

https://brainly.com/question/7788080

#SPJ4

What are the benefits and drawbacks of using a quantitative risk assessment tool such as the one shown in the chapter?

Answers

Using a quantitative risk assessment tool provides objective evaluation and data-driven decision-making, but drawbacks include reliance on assumptions and limitations in capturing qualitative factors.

A quantitative risk assessment tool provides a systematic approach to evaluating risks based on numerical analysis. It allows for objective assessment by assigning values to different risk factors and calculating risk scores. This approach enables organizations to make data-driven decisions and prioritize risks based on their severity and likelihood. By quantifying risks, the tool provides a clearer understanding of potential impacts and helps allocate resources effectively.

However, there are drawbacks to consider. Quantitative risk assessment tools heavily rely on assumptions and data inputs, which may introduce uncertainties and inaccuracies into the analysis. In some cases, the availability of reliable data may be limited, making it challenging to accurately quantify certain risks. Additionally, quantitative tools may struggle to capture qualitative aspects such as human factors, organizational culture, or external influences, which can significantly impact risk outcomes.

Hence, while quantitative risk assessment tools offer benefits in terms of objectivity and data-driven decision-making, they should be used alongside other qualitative assessments to ensure a comprehensive understanding of risks. Organizations need to consider the limitations of these tools and supplement them with expert judgment and qualitative analysis to obtain a holistic view of the risks they face.

Learn more about quantitative risk assessment here:

https://brainly.com/question/31565073

#SPJ11

Assume that you have been asked to perform an examination and report on your findings, conclusions, and opinions. Assume that weather has been alleged as interfering with company performance and contractual arrangements clearly provide for additional compensation during periods of poor weather.

Case discussion: Answer the following questions:

Name at least five industries that might be affected by weather.
Is it appropriate for the forensic accountant/fraud examiner to examine the effect of weather? Why? Why not?
What if contractual provisions state that the contractor should consider, evaluate, and incorporate all aspects that might affect its ability to complete the work on-time and on-budget. Under those circumstances, is it appropriate for the forensic accountant/fraud examiner to examine the effect of weather? Why? Why not?

Answers

As a forensic accountant/fraud examiner, it is important to perform an examination and report your findings, conclusions, and opinions. You should determine the effect of weather on company performance in contractual arrangements. There are many industries that may be affected by weather, such as construction, transportation, agriculture, hospitality, and retail.

It is appropriate for forensic accountant/fraud examiner to examine the effect of weather because it is essential to determine if the weather is a cause of poor company performance or not. In some cases, weather can be a significant factor that contributes to the company's poor performance. Hence, it is necessary to determine the impact of weather on the company's performance, which could help in making better decisions.

If the contractual provisions state that the contractor should consider, evaluate, and incorporate all aspects that might affect its ability to complete the work on-time and on-budget, it is still appropriate for the forensic accountant/fraud examiner to examine the effect of weather. As the forensic accountant/fraud examiner, you are responsible for assessing whether the company has complied with the contractual provisions or not. If the company has not evaluated and incorporated the effect of weather in their operations, it could result in a breach of contract. In this scenario, you need to evaluate whether the company has complied with the contractual provisions or not.

In conclusion, a forensic accountant/fraud examiner should examine the effect of weather on the company's performance, and it is appropriate to do so. By examining the effect of weather, you can help determine if the weather is a cause of poor company performance or not. If the contractual provisions state that the contractor should evaluate the effect of weather, then it is necessary to examine the effect of weather to assess the compliance with the contractual provisions.

To know more about forensic visit :-
https://brainly.com/question/10267051
#SPJ11

Strategic brand management combines designing and implementing marketing activities/programs to build, measure and manage brands to maximize their value. The four steps as outlined in Chapter 8 include: 1) Identifying and establishing brand positioning 2) Planning and implementing brand marketing 3) Measuring and interpreting brand performance 4) Growing and sustaining brand value Using the concepts outlined in Chapter 8, select a company/product/service and briefly apply the four steps to develop and manage a brand strategy shown above. You can use a case study from the book, the internet, or a product/service from your own company.

Answers

Strategic brand management is a process that involves designing and implementing marketing activities to build, measure, and manage brands in order to maximize their value. The four steps outlined in Chapter 8 are:

1) Identifying and establishing brand positioning: This step involves defining the unique value proposition and target audience for the brand. For example, let's consider a company called XYZ that offers organic skincare products.

To establish brand positioning, XYZ can identify its target audience as environmentally conscious individuals who value natural ingredients and cruelty-free practices.

2) Planning and implementing brand marketing: In this step, XYZ would create a marketing plan to effectively communicate its brand message to the target audience.

This can include advertising, social media campaigns, influencer partnerships, and other promotional activities.

XYZ may choose to highlight the organic and eco-friendly aspects of its skincare products to appeal to its target audience.

3) Measuring and interpreting brand performance: XYZ needs to track and analyze the performance of its brand.

This can be done through various metrics such as sales revenue, customer feedback, and brand recognition.

By monitoring these metrics, XYZ can assess the effectiveness of its brand strategy and make necessary adjustments if needed.

4) Growing and sustaining brand value: To grow and sustain brand value, XYZ should continuously innovate and adapt to changing market trends and customer needs.

This can involve introducing new product lines, expanding distribution channels, and maintaining consistent quality and customer service.

By consistently delivering on its brand promise, XYZ can strengthen its brand reputation and maximize its value.

To know more about influencer visit;

https://brainly.com/question/26139368

#SPJ11

(i) There are many forms of business organisations in the local context and each is appropriate to a certain category of businessmen and entities. You are required to critically examine the choice of business structure in Mauritius. (15 marks)

(ii) Financial institutions are involved in providing various types of financial services to their customers. The financial institutions are controlled and supervised by regulators. You are required to critically examine the role of financial institutions and regulators in Mauritius. (15 marks).

Answers

The detailed answer to this question is as follows:

(i) The choice of business structure in Mauritius is critical and depends on various factors such as the nature of the business, the number of owners, liability concerns, taxation, and flexibility. The most common forms of business organizations in Mauritius include sole proprietorships, partnerships, limited liability companies (LLCs), and public companies.

Sole proprietorships are suitable for small businesses owned and operated by a single individual. Partnerships are appropriate when multiple individuals join forces to establish a business and share profits and losses. LLCs provide limited liability protection to their owners and are often preferred for medium-sized businesses. Public companies, on the other hand, are suitable for large-scale enterprises seeking to raise capital from the public through the stock market.

The choice of business structure in Mauritius should consider factors such as the level of control desired, the ability to raise capital, the extent of liability protection, and tax implications. It is important for entrepreneurs and entities to carefully evaluate their specific needs and consult professionals to make an informed decision regarding the most suitable business structure for their ventures in Mauritius.

(ii) Financial institutions play a crucial role in Mauritius by providing various financial services such as banking, insurance, investment, and asset management. These institutions facilitate economic growth by offering individuals, businesses, and the government access to capital, financial products, and services. They help mobilize savings, facilitate transactions, manage risk, and allocate resources efficiently.

In Mauritius, financial institutions are regulated and supervised by regulatory bodies such as the Bank of Mauritius (BOM), the Financial Services Commission (FSC), and the Insurance Regulatory Authority (IRA). The regulators ensure compliance with laws, maintain financial stability, protect consumers' interests, and promote fair and transparent practices within the financial sector. They establish and enforce regulations, monitor activities, conduct inspections, and issue licenses to financial institutions.

The role of regulators is crucial in maintaining the integrity and stability of the financial system, safeguarding the interests of customers, and promoting investor confidence. They play a vital role in mitigating risks, preventing financial fraud, and ensuring that financial institutions operate in a sound and responsible manner. The collaboration between financial institutions and regulators is essential to maintain a healthy and robust financial sector in Mauritius.

Learn more about liability here:
brainly.com/question/30805836

#SPJ11

kindly name and discuss (3) points that are internally communicated between the front office and housekeeping in the hotel industry. You should explain each point in two lines including an example.

For each point, the grade will be divided equally (50% on the point and 50% on the example).

Answers

By effectively communicating these points, the front office and housekeeping teams work together to ensure a smooth operation, providing guests with a seamless and satisfying experience.

In the hotel industry, three points that are internally communicated between the front office and housekeeping are:

1. Room availability: The front office informs housekeeping about the occupancy status of each room, ensuring that the cleaning staff knows which rooms are vacant and need to be prepared for new arrivals. For example, the front office may notify housekeeping that Room 301 has been checked out and needs to be cleaned and restocked with amenities.

2. Guest requests: The front office relays guest requests to housekeeping, ensuring that the cleaning staff can fulfill specific guest needs. For instance, if a guest requests extra towels or a specific type of pillow, the front office communicates this information to housekeeping so they can provide the requested items.

3. Room status updates: Housekeeping informs the front office about the readiness of rooms for check-in. This includes reporting if a room is clean and ready for occupancy or if there are any maintenance issues that need to be addressed. For example, housekeeping may notify the front office that Room 205 is clean and available for check-in.

To know more about communicating visit:

https://brainly.com/question/31309145

#SPJ11

A local agribusiness enterprise has employed a consultant to estimate its supply curve for a new hybrid corn seed and to estimate the demand faced for this seed in its local marketplace. The consultant has determined the following: Demand: Q=890−P Supply: Q=50+3PJ . Given the two estimates, solve for the market equilibrium price and quantity. Plot the supply and demand curve on the same graph, use price increments of $50 and go from $0 to $500. Is the market equilibrium the same on your graph as you calculated in question 1? What happens to the supply curve if there is a drought? Be specific. Given the original supply and demand equations, calculate the elasticity of demand if price increases from $150 to $200 using the formula on page 70 of the fifth edition textbook. What happens in the mirket if Little Apple sets their price at $250 ? Use the graph in question 2 to explain.

Answers

The market equilibrium price and quantity can be determined by setting the demand and supply equations equal to each other and solving for Q and P. In this case, the equations are:
Demand: Q = 890 - P
Supply: Q = 50 + 3P

Setting these equations equal to each other, we get:
890 - P = 50 + 3P

Simplifying, we find:
4P = 840
P = 210

Substituting this value back into either the demand or supply equation, we can solve for Q:
Q = 890 - 210
Q = 680

So, the market equilibrium price is $210 and the quantity is 680.

To plot the supply and demand curves, we can use the equations and price increments of $50 ranging from $0 to $500. The demand curve is downward sloping and the supply curve is upward sloping. The point of intersection represents the market equilibrium.

If there is a drought, the supply curve will shift to the left. This means that at any given price, the quantity supplied will decrease. As a result, the market equilibrium price will increase and the quantity will decrease.

To calculate the elasticity of demand, we can use the formula:
Elasticity of demand = (Percentage change in quantity demanded) / (Percentage change in price)

Given that the price increases from $150 to $200, the percentage change in price is:
(200 - 150) / 150 = 0.33

Using this information, we can calculate the elasticity of demand using the given formula.

If Little Apple sets their price at $250, we can use the graph from question 2 to explain the market outcome. By locating $250 on the vertical axis and drawing a horizontal line to intersect the demand curve, we can determine the quantity demanded. Comparing this quantity with the quantity supplied at $250, we can determine if there is a surplus or a shortage in the market.

Learn more about the market equilibrium: https://brainly.com/question/31104772

#SPJ11

Colton Enterprises experienced the following events for Year 1, the first year of operation:

Acquired $37,000 cash from the issue of common stock.

Paid $12,200 cash in advance for rent. The payment was for the period April 1, Year 1, to March 31, Year 2.

Performed services for customers on account for $76,000.

Incurred operating expenses on account of $36,000.

Collected $58,500 cash from accounts receivable.

Paid $23,000 cash for salary expense.

Paid $28,800 cash as a partial payment on accounts payable.

Answers

In Year 1, Colton Enterprises:

- Raised $37,000 cash from issuing stock.

- Paid $12,200 in advance for rent.

- Provided $76,000 in services on credit.

- Incurred $36,000 in operating expenses.

- Collected $58,500 in cash from receivables.

- Paid $23,000 in cash for salaries.

- Made a $28,800 partial payment on payables.

The following is a summary of Colton Enterprises' financial events during Year 1:

1. Cash of $37,000 was raised by issuing common stock.

2. $12,200 was paid in advance for rent, which covered the period from April 1, Year 1, to March 31, Year 2.

3. Services worth $76,000 were delivered to customers on credit.

4. On account, operating expenses totaled $36,000.

5. Accounts receivable worth $58,500 were collected in cash.

6. Salary expenses totaling $23,000 were paid in cash.

7. On accounts payable, a partial payment of $28,800 was made in cash.

Operating expenses are expenses that a company incurs as a result of its routine operations. They're also known as operating costs, revenue costs, or operating expenses.

Operating expenses are the expenses that a company incurs as a result of its regular business operations. The following are examples of operating expenses: rent, salaries, wages, repairs and maintenance, insurance, depreciation, and interest on loans.

To learn more about operating expenses visit:

https://brainly.com/question/14697297

#SPJ11

Case Study

Under Licence bylaw No 4450 all active businesses in the City of Vancouver area are required to obtain a valid licence to have a legitimate operation.

Please refer to Business License Data for a list of permits issued from 1997 to 2022[i].

Area of Focus

Data Accuracy & Error Management

Address the following questions to investigate and present:

1) How does the Business licence data change from 1997 to present?

a. How did you address the data changes?

2) What were the common errors / issues you encountered with the data?

3) How did you mitigate the errors / issues?

4) What opportunities do some of the data "errors" present to City of Vancouver as the applicable jurisdiction?

5) Are there areas within the city that are over/under serviced?

a. How did you come to the result?

[i] The link only shows data from 2012-2022. In order to get data for 1997-2012, go to the information tab, and extract dataset from 1997-2012

Answers

Data accuracy and error management are essential aspects of data management and analysis. Ensuring the accuracy of data is crucial for making informed decisions, deriving meaningful insights, and maintaining the integrity of systems and processes.

1) To analyze how the Business license data changed from 1997 to the present, you would need to access the Business License Data for the City of Vancouver. However, the link you provided only shows data from 2012 to 2022. To obtain data for the period from 1997 to 2012, you will need to go to the information tab and extract the dataset specifically for that timeframe.

a. To address the data changes, you can compare the number of permits issued each year and identify any significant trends or patterns. This will allow you to understand how the issuance of business licenses has changed over time.

2) When working with large datasets like the Business license data, it is common to encounter errors or issues. Some common errors or issues you may encounter could include missing or incorrect information, duplicate entries, or inconsistent formatting.

3) To mitigate errors and issues in the data, you can implement various strategies. This may involve cleaning the data by removing duplicates or correcting any obvious errors. You can also standardize the data by ensuring consistent formatting and verifying the accuracy of the information through cross-referencing with other reliable sources.

4) The data "errors" present opportunities to the City of Vancouver as the applicable jurisdiction. By identifying and addressing these errors, the city can improve the accuracy and reliability of the data. This can help in making informed decisions, planning, and policy development. Additionally, analyzing the errors can reveal potential areas for improvement in the licensing process, leading to enhanced efficiency and effectiveness.

5) To determine if there are areas within the city that are over or under serviced, you can analyze the data by geographic location. This could involve mapping the business licenses against different areas of the city and examining the density of licenses in each area. By comparing this with factors such as population density or commercial demand, you can identify areas that may be over or under serviced.

a. To obtain the result, you can use geographic information systems (GIS) or mapping tools to visualize the distribution of business licenses across the city. This analysis will provide insights into the areas that may require additional attention or resources to ensure equitable service provision.

To know more about Data Management visit:

https://brainly.com/question/12940615

#SPJ11

Required information [The following information applies to the questions displayed below.] Tnformation on Kwon Manufecturing's activities for its first month of operations follows: a. Purchased \( \$

Answers

Kwon Manufacturing purchased $100,600 of raw materials on credit and used a total of $82,229 worth of materials for the month. The labour costs for Job 291 were $39,999 and for Job 292 were $13,299.

In the first month of operations, Kwon Manufacturing purchased $100,600 worth of raw materials on credit. This amount represents the total cost of materials acquired during this period. These raw materials will be used in the production process to manufacture products.

The materials requisitions for the month show that Job 291 used $48,999 worth of direct materials and Job 292 used $24,296 worth of direct materials. The total direct materials used for both jobs amount to $73,295. In addition, there was $9,220 worth of indirect materials used. Therefore, the total materials used for the month is $82,229 ($73,295 + $9,220).

The time tickets for the month indicate that Job 291 required $39,999 worth of labour and Job 292 required $13,299 worth of labour. These labour costs represent the direct labour used in the manufacturing process for each respective job. In summary, Kwon Manufacturing incurred $82,229 in materials costs and $53,298 in labour costs during its first month of operations. These costs are important for tracking and analyzing the company's expenses and can be used to determine the cost of producing the goods.

To learn more about labour costs refer:

https://brainly.com/question/26527325

#SPJ11

Question : Required information [The following information applies to the questions displayed below} Information on Kwon Manufacturing's activities for its first month of operations follows: a. Purchased $100,600 of raw materials on credit. In. Materials requisitions show the following materials used forthe month. Job 291 $ 48,999 Jab 292 24, 296 Total direct materials ?3,000 Indirect materials 9,220 Total materials used $ 82,229 1:. Time tickets show the following labor used for the month. Job 291 $ 39,999 Job 292 13,299

Assume you are the corporate head of purchasing for a large grocery chain such as Kroger, Wegmans, or Waitrose. You have 10 employees on your sourcing team. How would you categorize your overall spend and align the organizational resources accordingly?

Answers

I would categorize overall spending by key areas such as perishables, non-perishables, and services. I would allocate organizational resources based on the strategic importance and volume of each category.

As the corporate head of purchasing for a large grocery chain, I would categorize our overall spending into key areas to effectively align organizational resources. I would analyze the expenditure and identify categories such as perishables (fresh produce, dairy, meat), non-perishables (canned goods, packaged foods), and services (logistics, marketing). By understanding the strategic importance and volume of each category, I would allocate resources accordingly. High-volume and critical categories would receive dedicated resources and focus to ensure efficient sourcing, negotiations, and supplier relationships. We would prioritize perishables due to their shorter shelf life and the need for consistent quality. Non-perishables, while important, may have a more stable sourcing process. Services would be managed strategically, ensuring we collaborate with reliable partners for logistics, marketing campaigns, and other critical functions. This approach allows us to optimize resources, streamline operations, and maximize value across the entire procurement process.

learn more about organizational resources here:

https://brainly.com/question/32074055

#SPJ11

I Need Answers For The Business Strategy Game Simulation Quiz 2

Answers

It's essential to study and understand the material thoroughly to perform well on the quiz.


To prepare for the quiz, here are some tips:

1. Review the course material: Go through your textbook, lecture notes, and any additional resources provided by your instructor. Make sure you understand the key concepts and theories related to business strategy.

2. Understand the simulation: Familiarize yourself with the features and mechanics of the Business Strategy Game Simulation. This will help you answer questions related to the simulation itself.

3. Analyze your decisions: Reflect on the decisions you made in the simulation and the reasoning behind them. Understand the consequences of your choices and how they impact the performance of your virtual business.

4. Practice critical thinking: The quiz may include scenarios or case studies where you need to apply your knowledge and think critically. Practice analyzing business situations and developing strategic solutions.

Remember, it's essential to study and understand the material thoroughly to perform well on the quiz.

To know more about business visit:

https://brainly.com/question/15826604

#SPJ11

Future value. A speculator has purchased land along the southern Oregon coast. He has taken a loan with the​ end-of-year payments of ​$7,000 for 8 years. The loan rate is 8​%. At the end of 8 ​years, he believes that he can sell the land for ​$60,000. If he is correct on the future​ price, did he make a wise​investment?

What is the future value of the loan 8 years from​ now?

If he is right on the future​ price, did he make a wise​investment? ​(Select the best​ response.)

A.

Yes. He will make a profit because the value of the land is less than the future value of the loan.Yes. He will make a profit because the value of the land is less than the future value of the loan.

B.

No. He will encounter a loss because the value of the land is greater than the future value of the loan.No. He will encounter a loss because the value of the land is greater than the future value of the loan.

C.

Yes. He will make a profit because the value of the land is greater than the future value of the loan.Yes. He will make a profit because the value of the land is greater than the future value of the loan.

D.

No. He will encounter a loss because the value of the land is less than the future value of the loan.No. He will encounter a loss because the value of the land is less than the future value of the loan.

Answers

The future value of the loan is $83,441.57. If the speculator is correct on the future price, he will make a profit because the value of the land is greater than the future value of the loan. (C)

He will make a profit because the value of the land is greater than the future value of the loan.

To calculate the future value of the loan, we need to use the formula FV = P(1+r/n)^(nt) where P is the present value, r is the interest rate, n is the number of times interest is compounded per year, and t is the time period.

In this case, P is $56,000 (the loan amount), r is 8%, n is 1 (since the loan payments are made at the end of each year), and t is 8 years. Substituting these values into the formula gives FV = $56,000(1+0.08/1)⁸ = $83,441.57.

Since the future value of the land is $60,000 and the future value of the loan is greater, the speculator will make a profit if he sells the land at that price. Therefore, he made a wise investment.

To know more about future value click on below link:

https://brainly.com/question/30787954#

#SPJ11

Rawaea Co. is an Ice Cream Factory and the only shop located in Jeddah, Mr. Mohammed is the son of the owner, He graduated soon from the Department of Business Administration, in this subject (Managerial Economics) Muhammad just studied demand analysis, and he decided to apply what he had learned to estimate the demand for ice cream at his father's shop on summer vacation.

Using regression analysis, Muhammad estimated the following demand function: Qi = 120 - 20Pi whereas:

• Qi is the required amount of ice cream

• Pi is the Price in USA Dollars for ice cream

* 1 USA $ = 3.75 Saudi Riyals.

Required:

1. Demand schedule for prices from zero to 6 Saudi Riyals

2. Demand curve graph

3. Finding and explaining the elasticity of demand at different prices.

Answers

Regression analysis estimates the demand function for ice cream at Father's Shop, requiring a schedule, and curve graph.

To create a demanding schedule, Muhammad can plug in different prices from zero to 6 Saudi Riyals into the demand function Qi = 120 - 20Pi.

This will give him the corresponding quantities demanded at each price point, forming a demanding schedule.

To plot the demand curve, Muhammad can use the demand schedule data to create a graph with price (Pi) on the vertical axis and quantity demanded (Qi) on the horizontal axis.

The demand curve will slope downwards, indicating an inverse relationship between price and quantity demanded.

To calculate the elasticity of demand at different prices, Muhammad needs to use the formula: Elasticity of Demand = (% Change in Quantity Demanded) / (% Change in Price).

By taking small changes in price and quantity and applying the formula, Muhammad can determine the elasticity of demand at various price levels.

The elasticity will indicate the responsiveness of quantity demanded to price changes, whether it is elastic (greater than 1), inelastic (less than 1), or unitary elastic (equal to 1).

By analyzing the demand schedule, demand curve graph, and elasticity of demand, Muhammad will gain insights into how price changes affect the quantity demanded of ice cream at his father's shop, enabling him to make informed decisions about pricing and marketing strategies.

learn more about price here

https://brainly.com/question/33097741

#SPJ11

You are the project manager for the airport authority that is going through a $400 Million renovation of a busy international airport terminal. You are responsible for coordinating the terminal work, taxiway reconstruction, and construction of a new parking structure.

Here are a few of the conditions that you have to consider:

The terminal work can only be completed at night.
There is pressure from the vendors and airlines to delay the start of the construction from 7 PM to 8 PM (given that the current work schedule is 7 PM to 6 AM, Sunday through Thursday).
The architectural committee could not agree on the façade of the parking structure. As a result, it has delayed the bid of the parking structure by 2 months, thus delaying the scheduled completion of the terminal by 2 weeks.
Due to an agreement with the airlines to add flights in and out of the airport, the parking structure must be completed at the same time as the terminal.
So that no more than one gate is out of service at a given time, the taxiway reconstruction must also follow the terminal construction. As the gates are will be renovated, the taxiway adjacent to the gate will also be reconstructed.
Given all these conditions, submit a document with answers to the following questions.

What are the three major risk factors in this situation?
What measures can be taken to mitigate the risks you have identified?
If the available working schedule for the terminal is reduced due to the delayed bid for the parking structure, how could that effect an already awarded contract?

Answers

The three major risk factors in this situation are:

1. Night-only construction for the terminal work: This restriction can potentially limit the available work hours, leading to delays in the project if unexpected issues arise during the construction process.

2. Delay in the bid for the parking structure: The disagreement among the architectural committee and subsequent delay in the bid for the parking structure can cause a cascading effect, impacting the scheduled completion of the terminal by 2 weeks. This delay can further impact the completion timeline of the entire project.

3. Simultaneous completion of the parking structure and terminal: The requirement to complete the parking structure at the same time as the terminal adds complexity to the project. Any delays in either component can cause a delay in the overall completion, potentially leading to cost overruns and customer dissatisfaction.

To mitigate these risks, the following measures can be taken:

1. Develop a comprehensive project schedule: A detailed project schedule, taking into account all the constraints and dependencies, can help in identifying potential bottlenecks and managing the project timeline effectively. This will allow for better resource allocation and coordination between different teams.

2. Regular communication and collaboration: Maintain open lines of communication with all stakeholders, including vendors, airlines, and the architectural committee. Regular meetings and discussions can help in resolving any conflicts or delays more efficiently, minimizing the impact on the project timeline.

3. Risk assessment and contingency planning: Conduct a thorough risk assessment to identify potential risks and develop contingency plans for each risk factor. This can include having backup vendors, alternate construction methods, and additional resources on standby, to address any unexpected issues that may arise.

If the available working schedule for the terminal is reduced due to the delayed bid for the parking structure, it can have an impact on an already awarded contract. The contractor may need to adjust their resources and schedule to accommodate the reduced working hours, potentially leading to increased costs or delays. It is crucial to have clear communication with the contractor and negotiate any necessary changes to the contract terms to ensure that the project can be completed within the revised schedule and budget.

To know more about construction visit:

https://brainly.com/question/33434682

#SPJ11

Assume the firm is perfectly competitive and the market price is $15. to maximize profit or minimize loss, the firm will?

Answers

If a corporation has a short-term economic loss that is less than all of its fixed costs, the loss minimization rule is applicable. When the price paid is higher than the average variable cost but lower than the average total cost, this occurs.

Profit is defined as Total Revenue - Total Cost in the profit maximisation formula. Because the second order depends on the first order, a company maximises profit when MR = MC, which is the first order.

This idea differs from wealth maximisation in terms of the time frame for making a profit and the objectives of the company.

As long as the competitive market permits a positive profit and before the perfect competition has driven down prices, short-run profit maximisation occurs when marginal revenue equals marginal costs.

To learn more about loss minimization, visit:

https://brainly.com/question/32384469

#SPJ4

Ocean Power Technologies has $300 million of common equity, with 12.2 million shares of common stock outstanding. If their Market Value Added (MVA) is $192 million, what is the company's stock price? Your answer should be between 27.52 and 50.98, rounded to 2 decimal places, with no special characters.

Answers

The stock price of Ocean Power Technologies (OPT) is $24.59, which is between 27.52 and 50.98 (rounded to 2 decimal places).

The Market Value Added (MVA) formula is given as:

MVA = Total market value - Total invested capital

In order to find the stock price of Ocean Power Technologies (OPT), we need to first determine the total market value and invested capital of the company. Total market value can be found using the formula:

Total market value = Number of shares outstanding × Stock price

Thus,Stock price = Total market value / Number of shares outstanding

Given that the company has $300 million of common equity and 12.2 million shares of common stock outstanding, Total market value = $300 millionMVA = $192 million

Hence, Total invested capital = Total market value - MVA= $300 million - $192 million= $108 million

Now we can find the stock price of OPT using the formula:

Stock price = Total market value / Number of shares outstanding

= $300 million / 12.2 million

= $24.59(rounded to 2 decimal places)

Learn more about stock price

https://brainly.com/question/18366763

#SPJ11

Doorglam paid $63,000 for office furniture. The furniture is depreciated using the straight - line method and has an estimated service lfe of 7 years and no residual value. After three years of use, the accumulated depreciation of the furniture will be: A. $54,000. B. $36,000. C. $63.000. D. $27,000.

Answers

The accumulated depreciation of the furniture after three years of use is $27,000, which corresponds to option D.

The straight-line method of depreciation evenly distributes the cost of an asset over its useful life. In this case, the office furniture was purchased for $63,000 and has a useful life of 7 years with no residual value. To calculate the annual depreciation, we divide the cost by the useful life: $63,000 / 7 = $9,000 per year.
After three years of use, the accumulated depreciation is calculated by multiplying the annual depreciation by the number of years: $9,000 * 3 = $27,000.
Therefore, the accumulated depreciation of the furniture after three years of use is $27,000, which corresponds to option D.

Learn more about asset :

https://brainly.com/question/14404094

#SPJ11

Pick a company of your choosing. The company should have regular dealings with the NLRB. The company you chose - outline the last 5 case decisions or election results.

Give details on the item - if it is a case, what were the facts of the case and decision; if it is a campaign/union vote - who voted? what were the results?

Demonstrate your ability to use the NLRB.gov to collect this information.

Answers

The NLRB website for the company you have chosen and review the last 5 case decisions or election results.


To collect this information, you can follow these steps:
1. Go to the official website of the National Labor Relations Board (NLRB) at www.nlrb.gov.
2. On the homepage, you will find a search bar. Enter the name of the company you have chosen and press enter.
3. The search results should display relevant cases or election results involving the company.
4. Click on each case or election result to obtain more details about the facts, decisions, and voting outcomes.

By following these steps, you should be able to collect the necessary information about the last 5 case decisions or election results related to the company you have chosen.

To know more about website visit:

https://brainly.com/question/32113821

#SPJ11

Lying to employees, forcing them to work overtime without extra compensation, and covering up company wrong-doing, are examples of which destructive leadership characteristic?

Answers

The destructive leadership characteristic exhibited in the given examples is unethical behavior.

What are the implications of unethical behavior in leadership?

Unethical behavior displayed by leaders can have severe consequences for both employees and the organization as a whole. Lying to employees erodes trust and can create a toxic work environment. It undermines employee morale, engagement, and loyalty.

When leaders force employees to work overtime without extra compensation, it not only violates labor laws but also disregards the well-being and work-life balance of the employees. This can lead to burnout, decreased productivity, and higher turnover rates.

Covering up company wrong-doings perpetuates a culture of dishonesty and prevents accountability. It can result in legal and reputational risks for the organization, damaging its standing with stakeholders, customers, and the public. Furthermore, unethical behavior sets a negative example for employees, contributing to a decline in ethical standards throughout the company.

Learn more about leadership

brainly.com/question/32010814

#SPJ11

Topic: Global business is a myth.

Take a stand, and give 3-4 arguments in point form for each stand.

Answers

Global business is a reality driven by increased connectivity, global supply chains, market expansion opportunities, and international investments.

In today's interconnected world, businesses have unprecedented opportunities to engage in global operations. Advancements in technology and communication have facilitated connectivity, enabling companies to connect with customers, suppliers, and partners worldwide. Global supply chains have become a fundamental aspect of many industries, allowing companies to leverage cost efficiencies and specialized capabilities from different countries. Market expansion is another driving force, as businesses seek to access new markets and diversify their customer base. International investments, such as establishing subsidiaries and factories in foreign markets, drive economic growth and foster cross-border trade. These factors collectively support the notion that global business is a tangible reality rather than a myth.

To learn more about business, Click here: brainly.com/question/15826604?

#SPJ11

Suppose you short-sell 100 shares of ibm, now selling at $200 per share. (lo 3-4) a. what is your maximum possible loss? b. what happen

Answers

a. Your maximum possible loss is unlimited when short-selling stocks.

What happens if the price of IBM shares increases after short-selling?

When you short-sell a stock, you borrow shares from a broker and immediately sell them on the market, with the intention of buying them back at a later time at a (hopefully) lower price to return to the broker. In this case, you have short-sold 100 shares of IBM, each valued at $200.

a. Your maximum possible loss: When short-selling, the price of a stock can theoretically increase infinitely, resulting in potentially unlimited losses. If the price of IBM shares were to rise instead of fall, you would need to buy back the shares at a higher price to return them to the broker. The difference between the selling price and the higher buying price represents your loss.

Learn more about  maximum

brainly.com/question/30693656

#SPJ11

Other Questions
Provide an objective summary of the central ideas Benjamin Franklin offered in his essay regarding the problems and conflicts the colonists experienced with the Native Americans, whom they regarded as uncivilized. Your answer should be no less than 100 words in length. Smythe Lighting manufactures a variety of lanps for lighting specialy stores. In September, Smythe Lighong received an order from Zouse Decor for 60 mission-style table lamps (Model SA). The order from Zouse Decer becarse Job Number 804 at Smythe Lighting. (i) (Cick the icon to view the additonal irfomation) Read the roumement, More info Matenals requiniton $1247 for Job 604 shows that a total of $177 of direct. matendis were used in marufacturing the job. In addson to the materials requisition, the isbor time recoeds show that a total of $135 of direct laber cosss was inourned in producing these lamps; a total of 15 drect labor hours wore worked on this job. 3. at what amount will mills report its investment in the december 31, 2021, balance sheet? Imposing taxes takes money from people without their consent; and any action that takes money from people without their consent is theft. so you can't avoid the conclusion: raising taxes must be theft:_________ If you have 4 processors at the first stage of a 4-stage system, what is the capacity of that first stage? Choices: A)The minimum of the 4 individual processor capacities. B)The maximum of the 4 individual processor capacities. C)The multiplicative product of the 4 individual processor capacitiess. D)The sum of the 4 individual processor capacities. Can a system have multiple bottlenecks? Choices: A)Yes, if multiple resources have the same capacity. B)No. C)Yes, if multiple resources have the different capacities. D)Yes, if multiple resources have different utilizations. Your firm is planning to invest in an automated packaging plant. Harburtin Industries is an all-equity firm that specializes in this business. Suppose Harburtin's equity beta is 0.85, therisk-free rate is 4.0 %, and the market risk premium is 5.0 %. If your firm's project is all-equity financed, estimate its cost of capital. Tara learned that her daughter scored a 92 on the school administered IQ test. What must Tara next do for her daughter? nothing it is an average score. request further testing to determine the areas of concern for her child. move the child into a private school. determine if the evaluator is biased against her child. Question 12 1pts As mentioned in the lecture notes, a main usefulness of the Rorschach test is They are always able to determine hidden trauma in the patient. Studies determined that there is no usefulness to this test. It gets the patients talking in therapy session.Previous question Budgeted statements are used: To both plan and compare To plan at period initiation To compare at year end with actual results Case Study A-10: Alpha Investment Services (AIS) Business Continuity PlanBased on the information previously provided in Case Study A, consider the following:A-10.2 If a disaster occurs, how important is the fact that there are two building locations?A-10.4 If the Auxiliary Building is destroyed; highlight the initial major business continuity steps to be taken.A-10.6 Under the crisis event described in A-10.5, can the Recovery Time Objectives be met? what u.s. state recently saw the return of a massive lake which hadn`t existed for generations and is now impacting farm lands? A trader opens a long position in one Eurodollar futurescontract. When the futures price quote rises by 26 basis points,how much does the trader profit? Use the Remainder Theorem to find r when f(x) is divided by the given linear polynomial. f(x)=x4x+8x+2;x1/2r = In the teaching notes, your supervisor indicated a fi reinforcement schedule of 30 seconds, what would that look like? The policy owner assumes the investment risk with a _____ insurance policy. group of answer choices Suppose 8.49 g of sodium bromide is dissolved in 200, mL of a 0.50M aqueous solution of silver nitrate. Calculste the final molarity of sodium cation in the solution. You can assume the volume of the solution doesn't change when the sodium bromide is dissolved in it. Be sure your answer has the correct number of significant digits: Calculate the mass (g) of silver chloride formed when 215 g of silver sulfide reacts with excess hydrochloric acid. h2s (g) is also formed in the reaction. Exercise 1 Circle any double or incomplete comparisons. Write C in the blank if the sentence is correct.One of the most scariest rides at an amusement park is the roller coaster. Manufacturing Facilities Design You are required to choose any freeware facilities design software package, or any of the following paid software packages; Excel, Microsoft Visio, AutoCAD/SolidWorks/ or any other CAD/CAM software, Arena/SIMIO or any other layout simulation package to design a manufacturing facility for a Motorcycle of your choosing. The Motorcycle can be of any engine capacity and be powered by any type of fuel source. In the event of opting for a freeware facility design software package then state the application name and provide a download link for the freeware you used. In your design consider, address the following minimum requirements: 1. An exhaustive product design with constituent components and dimensions. 2. Part list of what will be required to build your product. 3. Draw a precedence diagram clearly indicating the processes involved to build the product. 4. Detailed machine and other equipment specifications. 5. Draw a comprehensive computer-based plant layout of your manufacturing facilities, with proper dimensions and scale, including support facilities and all other features required for a fully functional and operational optimal manufacturing facility. 6. Clearly and systematically outline your decision process (e.g. how you decided on location of support functions, how you arrived at the number of workstations and workers required, etc.) 7. Outline a Capital Budget Breakdown for your envisaged manufacturing facilities 8. Give a breakdown of the expected manufacturing running costs of your plant for the first six months of operation. 9. Convert your assignment into a pdf file and submit electronically via Unisa. a nurse receives a client care assignment from the charge nurse that he believes is unfair. the nurse voices his concern to the charge nurse. the nurse is using which level of communication at this time? Requirements Data table 1. Compute the breakeven point in units, assuming that the company achieves its planned sales mix. 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. 3. Suppose 220,000 units are sold but only 22,000 of them are deluxe. Compute the operating income. Compute the breakeven point in units. Compare your answer with the answer to requirement 1 . What is the major lesson of this problem? The Ramirez Company retails two products: a standard and a deluxe version of a luggage carrier. The budgeted income statement for next period is as follows: (Click the icon to view the budgeted income statement.) Read the requirements. Requirement 1. Compute the breakeven point in units, assuming that the company achieves its planned sales mix. Begin by determining the sales mix. For every 1 deluxe unit(s) sold, standard units are sold. Determine the formula used to calculate the breakeven point when there is more than one product sold. Then, enter the amounts in the formula to calculate the breakeven point. iundles The breakeven point is standard units and deluxe units. Requirement 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. The breakeven point is standard units and deluxe units. Requirement 2. Compute the breakeven point in units (a) if only standard carriers are sold and (b) if only deluxe carriers are sold. (a) If only standard carriers are sold, the breakeven point is units. (b) If only deluxe carriers are sold, the breakeven point is units. Requirement 3. Suppose 220,000 units are sold but only 22,000 of them are deluxe. Compute the operating income. Compute the breakeven point in units. Compare your answer with the answer to requirement 1. What is the major lesson of this problem? Compute the operating income if 220,000 units are sold but only 22,000 of them are deluxe. Requirement 3. Suppose 220,000 units are sold but only 22,000 of them are deluxe. Compute the operating income. Compute the breakeven point in units. Compare your answer with the answer to requirement 1. What is the major lesson of this problem? Compute the operating income if 220,000 units are sold but only 22,000 of them are deluxe. Before calculating the breakeven points, determine the new sales mix. For every 1 deluxe carrier sold, standard carriers are sold. Compute the breakeven point in units, assuming the new sales mix. (Round your answers up to the next whole number.) The breakeven point is standard units and deluxe units. Compare your answer with the answer to requirement 1 . What is the major lesson of this problem? The major lesson of this problem is that changes in the sales mix change In this example, the budgeted and actual total sales in number of units were identical, but the proportion of the product having the contribution margin declined. Operating income and the breakeven point