The correct statement regarding business format franchises is: c) A business format franchise can be very rigid and demanding.
Business format franchises typically involve a comprehensive and detailed system of operation, where the franchisor provides not only the product or service but also a complete business model, including marketing strategies, operational guidelines, training programs, and ongoing support. This level of structure and standardization can make business format franchises more rigid and demanding compared to other franchise types.
Option a) is incorrect because agricultural machinery dealerships and soft-drink bottlers are typically examples of product and trademark franchises, where the focus is primarily on the product itself rather than a complete business format.
Option b) is incorrect because the primary income source for a business format franchisor is usually the collection of ongoing fees from franchisees, such as royalties and advertising contributions, rather than selling products at a markup.
Option d) is incorrect as business format franchises are actually quite popular, as they offer a proven business model and support system for aspiring entrepreneurs.
Option e) is incorrect because business format franchises are legal in all states, although specific regulations and requirements may vary.
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Who ensures that property rights are protected and enforced?
a. the legal system
b. the property owners
c. the stock market
d. the banking system
a. the legal system, The legal system is responsible for ensuring that property rights are protected and enforced.
It establishes and enforces laws that govern the ownership, transfer, and use of property. The legal system includes courts, judges, and legal institutions that interpret and apply the law to resolve disputes related to property rights. It provides a framework for individuals and organizations to assert and defend their property rights, seek legal remedies in case of violations, and maintain the overall integrity of property ownership in a society. The legal system plays a crucial role in upholding the rule of law and providing a stable and predictable environment for property rights to be recognized and respected.
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3) The following information from the payroll register of Orville's Oil Spray is available: /8
Produce the general journal entry to record the employee and employer entries.
Name Gross Pay CPP EI Inc Tax Net Pay
Joachim 800 37.37 12.96 130.81 618.86
Yourself 850 0.00 13.77 146.19 690.04
Steve 900 42.47 14.58 162.02 680.93
2550 79.84 41.31 439.02 1989.83
The general journal entry is: Employee Deductions and Employer Expenses:DR Salaries Expense $2550.00 CR CPP Payable $79.84 CR EI Payable $41.31 CR Income Tax Payable $439.02CR Salaries Payable $1989.83
The general journal entry to record the employee and employer entries is shown below; Employee Deductions and Employer Expenses:
DR Salaries Expense $2550.00 CR CPP Payable $79.84 CR EI Payable $41.31 CR Income Tax Payable $439.02CR Salaries Payable $1989.83
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Exercise 2-14 (Algo) Job-Order Costing for a Service Company [LO2-1, LO2-2, LO2-3] Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of i
Job-Order Costing for a Service Company: Exercise 2-14 (Algo)Yancey Productions is a film studio that uses a job-order costing system. The company's direct materials consist of items such as camera film.
film processing chemicals, and lighting supplies. The direct labor costs result from the salaries of camera operators, film processing technicians, and other personnel who work directly on film production. The company also has indirect costs that relate to the provision of support services for the production process.
including the rental of film processing equipment and the maintenance of the production studio. The following transactions and events occurred during the month of September for Yancey Productions Sep. 1 The company paid 2,200 for an insurance policy covering the next 12 months.
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A company that sells flowers is approached by a producer of flower nutrients to advertise the two products together, because they believe that flowers and flower nutrients are complements. What must be true when flower nutrient company estimates the change in quantity demanded of their own product when the price of flowers changes, for the two to indeed be complements?
a) Cross price elasticity of demand (Ecp) is positive and greater than 1
b) Cross price elasticity of demand (Ecp) is negative
c) Cross price elasticity of demand (Ecp) is positive but less than 1
d) Income elasticity of demand (Ei) is positive
What are the consequences of setting a price floor in the market?
a) The price floor is above the equilibrium price
b) Quantity supplied exceeds quantity demanded
c) Both a) and b) are true
d) Neither a) nor b) is true
Which of the following is a form of quantity control (or quota)?
a) Providing subsidies to producers
b) Providing subsidies to consumers
c) the Medicare reimbursement schedule for physicians
d) limits on company wise emissions of carbon dioxide
Consider products like cigarettes: consumers get habituated to them, however, it is easy to produce them, because inputs are easily available. As a result, what can we expect from the price elasticity of demand and supply in the market for cigarettes?
a) Demand is elastic, but supply is inelastic
b) Demand is inelastic and supply is inelastic
c) Demand is elastic and supply is elastic
d) Demand is inelastic, but supply is elastic
What is true about the consequence of government intervention in the form of price controls in markets?
a) It will always increase total surplus
b) There will always be deadweight loss
c) There will be deadweight loss only if markets are competitive
d) There will never be any effect on total surplus
What are the consequences of setting a price ceiling in the market?
a) The price ceiling is set above the equilibrium price
b) Quantity demanded exceeds quantity supplied
c) Both a) and b) are true
d) Neither a) nor b) is true
For price elastic demand, when considering the impact of a change in price on total revenue, which of the following is true?
a) Quantity effect is greater than price effect
b) Price effect is greater than quantity effect
c) Price effect is equal to quantity effect
d) Total revenue is not impacted
The price of winter jackets decreases from $50 to $45, and in response the quantity demanded increases from 20 to 25. Calculate price elasticity of demand using the point-estimate. Pick the correct option after taking the absolute value:
a) Price elasticity of demand (or |Ed|)is greater than 1
b) Price elasticity of demand (or |Ed|) is equal to 1
c) Price elasticity of demand (or |Ed) is less than 1
d) Price elasticity of demand (or |Ed|) is 0
A company that sells flowers is approached by a producer of flower nutrients to advertise the two products together, because they believe that flowers and flower nutrients are complements.
Cross price elasticity of demand (Ecp) is negative. The cross-price elasticity of demand (E cp) is negative when two goods are complementary products. When one commodity's price rises, the amount of the complementary item sold decreases, causing a negative Ecp.
As a result, for two products to be complementary, the cross-price elasticity of demand (E cp) must be negative. Hence, option (b) is the correct choice. Both are true. A price floor is a government-imposed minimum price that must be charged for a commodity.
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The following statements about the Neoclassical perspective are true except the government might make things worse by intervention the government can make the economy recover faster the government should focus on reducing the natural rate of unemployment by the time the government detects a recession and enacts expansionary fiscal policy, the economy may be recovering on its own
Neoclassical perspective disagrees with government intervention, economic recovery, and fiscal policy timing, suggesting a focus on reducing unemployment.
According to the Neoclassical perspective, the government's intervention in the economy is generally seen as having the potential to make things worse. This is because government intervention can lead to market distortions and inefficiencies, hindering the natural functioning of markets.
The Neoclassical perspective also suggests that the government's ability to stimulate economic recovery through intervention is limited. It argues that markets are self-correcting, and the economy will naturally recover on its own, even without government intervention.
Therefore, the statement "the government can make the economy recover faster" is not consistent with the Neoclassical perspective.
Furthermore, the Neoclassical perspective does not emphasize the government's role in reducing the natural rate of unemployment. Instead, it focuses on factors such as labor market flexibility and supply-side policies to promote long-term economic growth.
Thus, the statement "the government should focus on reducing the natural rate of unemployment" is not in line with the Neoclassical perspective.
Lastly, the Neoclassical perspective recognizes the challenge of timing fiscal policy during recessions. By the time the government detects a recession and enacts expansionary fiscal policy, the economy may already be recovering on its own.
This is consistent with the statement "by the time the government detects a recession and enacts expansionary fiscal policy, the economy may be recovering on its own."
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is the notion that corporations are expected to go above and beyond following the law and making a profit to help society Multiple Choice O Corporate social responsibility O Societal responsibility Corporate sustainability Corporate morality Which scholar developed the global corporate social responsibility pyramid? Multiple Choice Laurence Kohlberg Paul Samuelson Mary Parker Follett Archie Carroll
Archie Carroll, a management professor, developed the global corporate social responsibility pyramid. The correct option is Archie Carroll.
The notion that corporations are expected to go above and beyond following the law and making a profit to help society is known as Corporate Social Responsibility.
So, the correct option would be Corporate social responsibility.
Corporate social responsibility (CSR) is a type of international private business self-regulation that goals to contribute to social and environmental goals of society, consumers, shareholders, stakeholders, communities, and all other members of the public who are indirectly involved in the operations of an enterprise.
Corporations are expected to go above and beyond following the law and making a profit to help society. The corporate social responsibility is voluntary and goes beyond the requirements of legal obligations.
Corporate social responsibility consists of three major domains, namely economic, environmental, and social. These are known as the triple bottom line of corporate responsibility.
Corporate Social Responsibility includes, but is not limited to:
Environmental sustainability Ethical labour practices Human rights Corporate governance Community development PhilanthropyCorporate Sustainability means balancing economic, environmental, and social elements to meet the needs of the present without compromising the ability of future generations to meet their needs, whereas corporate morality refers to the principles and values that organizations adopt in order to guide their behaviour and decision-making.
Archie Carroll, a management professor, developed the global corporate social responsibility pyramid. Hence, the correct option is Archie Carroll.
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Torres Company accumulates the following summary data for the year ending December 31,2020 , for its Water Division, vichich it operates as a profit center: sales −$1,935,600 budget, $2,243,000 actual; variable costs $1,016,200 budget, $1,051,200 actual; and controllable fixed costs −$297,600 budget, $303,400 actual. Prepare a responsibility report for the Water Division for the year ending December 31,2020. Torres Company accumulates the following summary data for the year ending December 31,2020, for its Water Division, vihich it operates as a profit center: sales −$1,935,600 budget, $2,243,000 actual; variable costs −$1,016,200 budget, $1,051,200 actual; and controllable fixed costs −$297,600 budget, $303,400 actual. Prepare a responsibility report for the Water Division for the year ending December 31,2020.
A responsibility report is used to show a department's or individual's effectiveness in controlling costs and generating revenues.
This report, which is normally used for internal decision-making purposes, compares actual and budgeted results for the department. Following is a responsibility report for the Water Division of Torres Company for the year ending December 31, 2020: Responsibility.
This means that actual controllable fixed costs of 303,400 were higher than budgeted controllable fixed costs of 297,600.Total costs for the Water Division were 40,800 higher than budgeted, which is unfavorable.
Operating income for the Water Division was $266,600 higher than budgeted, which is favorable. This is because the actual operating income of 888,400 exceeded the budgeted operating income of 621,800.
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The following transactions were selected from the records of Evergreen Company:
July 12
Sold merchandise to Wally Butler, who paid the $1,000 purchase with cash. The goods cost Evergreen Company $600.
15
Sold merchandise to Claudio's Chair Company at a selling price of $5,000 on terms 3/10, n/30. The goods cost Evergreen Company $3,500.
20
Sold merchandise to Otto's Ottomans at a selling price of $3,000 on terms 3/10, n/30. The goods cost Evergreen Company $1,900.
23 Collected payment from Claudio's Chair Company from the July 15 sale.
Aug. 25 Collected payment from Otto's Ottomans from the July 20 sale.
Required:
Assuming that Sales Discounts are reported as contra-revenue, compute Net Sales for the two months ended August 31.
The net sales for the two months ended August 31 is $11,760.
How to find?To compute the net sales for the two months ended August 31, we need to calculate the total sales and subtract any sales discounts.
Let's break down the transactions and calculate the net sales:
1. Sold merchandise to Wally Butler for $1,000 in cash. The cost of goods sold (COGS) is $600. Since there is no mention of any sales discounts, we can consider this as a full amount of sales. Therefore, the net sales for this transaction is $1,000.
2. Sold merchandise to Claudio's Chair Company for $5,000 with terms 3/10, n/30. The COGS is $3,500. The terms indicate that if the payment is made within 10 days, a 3% discount can be availed. To calculate the net sales for this transaction, we need to consider two scenarios:
a) If the payment is made within 10 days:
The amount eligible for the discount would be $5,000 - (3% of $5,000) = $4,850.
The net sales would be $4,850.
b) If the payment is made after 10 days: The full amount of $5,000 would be considered as net sales.
3. Sold merchandise to Otto's Ottomans for $3,000 with terms 3/10, n/30. The COGS is $1,900. Similar to the previous transaction, we need to consider two scenarios:
a) If the payment is made within 10 days: The amount eligible for the discount would be $3,000 - (3% of $3,000) = $2,910. The net sales would be $2,910.
b) If the payment is made after 10 days: The full amount of $3,000 would be considered as net sales.
4. Collected payment from Claudio's Chair Company for the July 15 sale. Since this is a collection and not a sale, it does not impact the net sales calculation.
5. Collected payment from Otto's Ottomans for the July 20 sale. Similar to the previous transaction, this collection does not impact the net sales calculation.
To calculate the net sales for the two months ended August 31, we need to sum up the net sales from the above transactions:
Net Sales = $1,000 (Wally Butler) + $4,850 (Claudio's Chair Company, payment made within 10 days) + $3,000 (Otto's Ottomans) + $2,910 (Otto's Ottomans, payment made within 10 days) = $11,760.
Therefore, the net sales for the two months ended August 31 is $11,760.
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Buchanan Imports purchased McLaren Corporation for $5,200,000 cash when McLaren had net assets worth $4,710,000. A. What is the amount of goodwill in this transaction? B. What is Buchanan's journal entry to record the purchase of McLaren? If no entry is required, select "No entry required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank. C. What journal entry should Buchanan write when the company internally generates additional goodwill in the year following the purchase of McLaren? If no entry is required, select "No entry required" and leave the amount boxes blank. If an amount box does not require an entry, leave it blank
Account Goodwill$XXX Revenue$XXX
Where XXX is the amount of goodwill generated by Buchanan.
A) The amount of goodwill in this transaction can be calculated as follows:
Goodwill = Purchase price – Net assetsGoodwill = $5,200,000 - $4,710,000
= $490,000
Thus, the amount of goodwill in this transaction is $490,000.B)
The journal entry that Buchanan Imports must make to record the purchase of McLaren is given below:Account TitleDebit Credit Building$1,460,000Land$1,540,000Cash$5,200,000Accounts Payable$4,710,000Goodwill$490,000C)
If Buchanan generates additional goodwill, the following journal entry should be made:Account TitleDebitCreditGoodwill$XXXRevenue$XXXWhere XXX is the amount of goodwill generated by Buchanan.
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Question 2 of 4 Ch 10 Assignment View Policies Current Attempt in Progress ABC Co. financial data for 2020 & 2019 are given below: Total Assets Total Liabilities Cash O Interest-bearing Debt Net Incom
ABC Co. financial data for 2020 & 2019 are given below: Total Assets Total Liabilities Cash O Interest-bearing Debt Net Income Year. financial data for 2020 and 2019 Total Assets.
The company's total assets increased from 1,200 million in 2019 to 1,500 million in 2020, indicating an increase of 300 million. Total Liabilities: In 2019, the total liabilities were 400 million, which increased to 600 million in 2020, indicating a rise of 200 million. Cash: The company's cash holdings grew from 200 million in 2019 to 300 million.
The company had an interest-bearing debt of 400 million in 2019, which increased to 500 million in 2020, indicating an increase of 100 million. Net Income: The company's net income increased from 150 million in 2019 to 200 million in 2020, indicating an increase of 50 million.
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the state decides to widen the highway. it will be necessary to use six feet of private property on each side of the highway. the owners do not want to give up the property for this purpose. the state has a right to take the property because of: select one: a. police power. b. eminent domain. c. condemnation proceedings. d. zoning ordinances.
The state has the right to take the private property for widening the highway due to eminent domain. Eminent domain is a legal doctrine that grants the government the power to take private property for public use, provided that just compensation is paid to the property owners.
In this scenario, the state's decision to widen the highway requires acquiring six feet of private property on each side. However, the owners of the property are unwilling to give it up. Under eminent domain, the government has the authority to take private property even if the owners are unwilling to sell, as long as the taking is deemed necessary for a public purpose. The government must demonstrate that the taking of the property serves a public interest, such as improving infrastructure, enhancing public safety, or promoting economic development.
Condemnation proceedings are often initiated to formalize the process of acquiring the private property through eminent domain. These proceedings involve legal actions to determine the fair market value of the property and the amount of compensation that should be paid to the property owners. Therefore, in this case, the state's right to take the property for widening the highway is based on the principle of eminent domain.
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Early in the pandemic much shopping that would have happened in stores shifted to online. Later when the stores reopened, customers returned. At around that time, retailers began to note levels of store theft that were higher than in the past. To combat the theft, retailers used various measures, such as training sales staff, moving products targeted by thieves closer to scanned or brought to the cash register for payment. To identify those items, many retailers used a risk algorithm. The deterrents appeared to work, as theft decreased. However, some (legitimate) customers voiced concerns about the difficulty in stock outs on frequently stolen items. Imagine that you are a manager at the Retail Industry Leaders Association, a nationallevel trade organization. The RILA is interested in learning about how its members, who are most retailers in the U.S., view the trade-off between trying to reduce the cost of theft while at the same time keeping their customers happy. Assume that two research proposals have been developed by two different research agencies. One involves sending a mail survey to a sample of retailers. The other involves conducting several focus groups with the largest and most important retailers in the U.S. Assume as well that your task is to select the best research approach, survey or focus group, to use (your job is not to conduct the research, only to identify which agency will be hired by RILA). If you believe that the focus group is best, begin your answer with "focus group" and briefly explain why it is superior to a survey. If you believe that the survey is best, begin your answer with "survey" and briefly explain why it is superior to a focus group.
Survey.
A survey is the best research approach for RILA to understand how its members view the trade-off between reducing theft and keeping customers happy.
A survey would be the best research approach for the Retail Industry Leaders Association (RILA) to use in this scenario. A survey involves sending a mail survey to a sample of retailers, which allows for a larger sample size and a more representative view of RILA members' perspectives. Here's why a survey is superior to a focus group:
1. Quantitative Data: A survey provides quantitative data that can be analyzed statistically. This allows RILA to gather objective information on how retailers view the trade-off between reducing theft and keeping customers happy. By using a survey, RILA can obtain numerical data on the percentage of retailers who prioritize theft reduction over customer satisfaction or vice versa.
2. Cost and Time Efficiency: Surveys are cost-effective and less time-consuming compared to conducting focus groups. RILA can send the survey to a large number of retailers simultaneously, saving time and resources.
3. Anonymity: Surveys offer respondents anonymity, allowing them to provide honest feedback without fear of judgment or bias. This ensures that RILA receives unbiased responses from retailers regarding their opinions on theft reduction measures and customer satisfaction.
4. Wide Coverage: A survey can reach a wider range of retailers, including those who may not be able to participate in focus groups due to logistical constraints. This ensures that the perspectives of all RILA members are represented.
In conclusion, a survey is the best research approach for RILA to understand how its members view the trade-off between reducing theft and keeping customers happy. A survey provides quantitative data, is cost-efficient, offers anonymity to respondents, and allows for wider coverage among RILA members.
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Continue with the previous question. At the beginning of 2011 , the global price for copper was nearly $10,000 per metric ton. Five years later, near the beginning of 2016 , the price had dropped to roughly half, at just under $5,000 per metric ton. Given your previous answer, what would the AD/AS model predict will be the impact on the US economy, in the short-run? Rise in the aggregate price level (P); Rise in real GDP/output (Y); Fall in unemployment (U) No change in P; Rise in Y; Rise in U Rise in P ;
Fall in Y ;
Rise in U Fall in P; Fall in Y; Rise in U Fall in P; Rise in Y; Fall in U
Given the decrease in the global price of copper from $10,000 per metric ton in 2011 to just under $5,000 per metric ton in 2016, the AD/AS model would predict a fall in the aggregate price level (P), a fall in real GDP/output (Y), and a rise in unemployment (U) in the short run.
The decrease in the global price of copper indicates a decline in the price of a key input in various industries. As a result, the cost of production decreases for firms that use copper, leading to a decrease in their overall costs. This reduction in costs can be reflected in the Aggregate Supply (AS) curve.
With a lower cost of production, firms can reduce the prices of their products, resulting in a fall in the aggregate price level (P). This is because lower input costs allow firms to offer goods and services at lower prices.
The fall in the aggregate price level (P) can also impact consumer purchasing power positively. As prices decrease, consumers can buy more goods and services with the same amount of money. This can lead to an increase in consumption and, in turn, an increase in aggregate demand (AD).
However, the decrease in the global price of copper can also have negative effects on industries related to copper production, leading to reduced output and investment. This decline in production and investment can result in a fall in real GDP/output (Y) and an increase in unemployment (U).
Overall, the AD/AS model predicts that the decrease in the global price of copper would likely lead to a fall in the aggregate price level (P), a fall in real GDP/output (Y), and a rise in unemployment (U) in the short run.
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Your textbook this week discusses how the business has changed because of the integration of new developments in technology. Although many could have predicted the role of computers in modem business no one could have predicted that a global pandemic would reshape the way the world does business. Search the web for the impact of Covid-19 on business throughout 2020 and 2021 . Find one company that successfully navigated the transition to online working and one that did not. Briefly describe what they did differently.
Companies like Shopify successfully navigated the transition to online working by leveraging their existing digital infrastructure and providing support to businesses during the pandemic.
One company that successfully navigated the transition to online working during the COVID-19 pandemic is Shopify. As an e-commerce platform provider, Shopify was well-positioned to adapt to the increasing demand for online shopping. They quickly responded to the changing business landscape by offering support and resources to help small and medium-sized businesses transition to online operations. Shopify enhanced their platform's capabilities, providing tools for businesses to set up and manage their online stores easily. They also offered extended free trials and collaborated with various partners to offer discounts and incentives to new merchants. By focusing on empowering businesses to thrive in the digital space, Shopify experienced significant growth during the pandemic.
On the other hand, a company that struggled to adapt to the online working environment was the clothing retailer, J.Crew. J.Crew faced challenges due to its heavy reliance on brick-and-mortar stores and its limited online presence. The company had already been experiencing financial difficulties before the pandemic, and the closure of physical stores further exacerbated their struggles. Unlike some of its competitors, J.Crew was slow to invest in and expand its e-commerce capabilities, which left them at a disadvantage when consumers shifted towards online shopping. As a result, J.Crew filed for bankruptcy in May 2020, highlighting the importance of a robust online presence and agility in responding to market changes.
In summary, companies like Shopify successfully navigated the transition to online working by leveraging their existing digital infrastructure and providing support to businesses during the pandemic. They focused on enhancing their online platforms and empowering businesses to adapt to the changing consumer behavior. Conversely, companies like J.Crew faced difficulties due to their reliance on physical stores and their limited online presence, emphasizing the importance of being proactive in embracing digital transformation to stay resilient in challenging times.
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Butler Corp is expected to pay a dividend next year of $4.96 per share. The dividend is expected to grow at a constant rate of 4% per year. If Butler Corp stock is selling for $37.17 per share, what is the stockholders' expected rate of return? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)
The conclusion is that the stockholders' expected rate of return for Butler Corp is 13.35%, rounded to two decimal places.
To calculate the stockholders' expected rate of return, we can use the dividend growth model.
First, let's calculate the expected dividend for the next year. We are given that Butler Corp is expected to pay a dividend of $4.96 per share next year.
Next, we need to determine the growth rate of the dividend. The problem states that the dividend is expected to grow at a constant rate of 4% per year.
To calculate the expected rate of return, we need to divide the expected dividend by the current stock price. The current stock price is given as $37.17 per share.
So, the calculation is as follows:
Expected dividend = $4.96
Current stock price = $37.17
Expected rate of return = (Expected dividend / Current stock price) * 100
Plugging in the values:
Expected rate of return = ($4.96 / $37.17) * 100
After performing the calculation, we find that the stockholders' expected rate of return is approximately 13.35%.
Therefore, the conclusion is that the stockholders' expected rate of return for Butler Corp is 13.35%, rounded to two decimal places.
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What does it mean for a company to have a 70 percent learning curve?
a.
A 70 percent learning curve indicates a 30 percent drop every time output is doubled.
A 70 percent learning curve means that there is a 30 percent drop in production costs every time the output is doubled.
A 70 percent learning curve refers to a phenomenon in which there is a consistent reduction in production costs as the output quantity doubles. Specifically, it means that for every doubling of output, there is a 30 percent drop in production costs.
This suggests that as workers gain experience and become more efficient, they can produce goods or provide services at a lower cost.
This learning curve concept is often observed in manufacturing and other repetitive tasks where workers become more proficient over time. It implies that with increased production volume, economies of scale can be achieved, resulting in cost savings.
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14. choose the item below that involves maintaining the ""state"" of a session: a. caching b. arp table c. source address table d. cookies e. milk
The item that involves maintaining the "state" of a session is cookies. Cookies are used to maintain the state of a user's session on a web server.
They are small text files that are stored on the user's computer by a website. The website can read the cookies to retrieve information about the user's session and personalize the user's experience. The use of cookies is a common technique used to maintain user sessions on the web.
When a user visits a website, the website can create a cookie that contains information about the user's session. This cookie can be sent back to the server with subsequent requests, allowing the server to retrieve information about the user's session and maintain state.
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how many moles of ammonium perchlorate (nh4clo4) are needed to produce a total volume of 500. l of product gases at stp?
Determine moles of ammonium perchlorate (NH4ClO4) needed for 500 L product gases at STP using ideal gas law, based on balanced chemical equation and molar ratio.
To calculate the number of moles of ammonium perchlorate needed, we require a balanced chemical equation for the reaction that produces the product gases.
Without that information, it is not possible to determine the exact number of moles.
However, assuming we have a balanced chemical equation, we can use the molar ratio between ammonium perchlorate and the product gases to calculate the required amount.
The molar ratio is determined by the coefficients of the balanced equation.
The ideal gas law, PV = nRT, relates the pressure (P), volume (V), number of moles (n), gas constant (R), and temperature (T). At STP, the temperature is 273.15 K, and the pressure is 1 atm.
Using the given volume of 500 L and the ideal gas law, we can calculate the number of moles of the product gases.
In conclusion, the calculation depends on the specific reaction and its balanced chemical equation.
Once the balanced equation is known, the molar ratio can be used to determine the number of moles of ammonium perchlorate needed to produce 500 L of product gases at STP.
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The below graph represents the Real and Nominal GDP of Bahrain from 2016 till 2019, describe which year you would inflate nominal GDP and which year you would deflate the nominal GDP and why? Real and Nominal GDP of Bahrain, 2016-19 Gross Domestic Product 2016-2019 J BD Million 14,500 14,000 13,500 13,000 12,500 12,000 11,500 11,000 10,500 2016 2017 2018 Activate Windows Go to Settings ivate 2019
The terms "deflate" and "inflate" mean that one is either adjusting the nominal GDP upward or downward to reflect the changes in the purchasing power of the currency.
When the nominal GDP is expressed in terms of constant dollars (real GDP), it allows for a comparison of output over time that is free from the effects of inflation.
The year 2019 would be used to inflate nominal GDP because the difference between nominal and real GDP is greater in that year. On the other hand, in 2016 and 2017, we would use deflation to calculate real GDP because the difference between nominal and real GDP is smaller, so the need to deflate nominal GDP is higher.
The real GDP is a measure of the output of goods and services produced in a country, adjusted for price changes over time. Nominal GDP, on the other hand, refers to the GDP that is not adjusted for price changes, so it reflects changes in output and prices. The difference between real and nominal GDP is the effect of inflation on output. When we express nominal GDP in constant prices (the prices of a base year), we get the real GDP. This allows us to compare the output of goods and services in two or more years by eliminating the effect of inflation.
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True or false, justify
a. A decrease in the price of a substitute product causes an increase in the
demand for another good.
b. An increase in demand is generated only by a change in expectations and
tastes, but it does not mean that the market balance will change in the short term.
c. The demand for essential goods tends to be very elastic.
A decrease in the price of a substitute product causes an increase in the demand for another good.
(a) This statement is TRUE. Substitute goods are a pair of goods that could be used for similar purposes by the consumer. Thus, if the price of one substitute decreases, the demand for that good is more likely to increase as people will opt for the cheaper substitute. Therefore, this would cause a decrease in demand for the more expensive substitute product, which will cause the demand for another good to increase.
b. An increase in demand is generated only by a change in expectations and tastes, but it does not mean that the market balance will change in the short term. This statement is FALSE.
A change in expectations and tastes is one of the reasons why the demand for a good can increase, but it is not the only reason. For instance, a change in consumer's income or change in the price of substitute goods and complementary goods could also affect the demand for a product. An increase in demand also means there will be a change in the market balance in the short term.
c. The demand for essential goods tends to be very elastic. This statement is FALSE.
The demand for essential goods tends to be inelastic because people will still buy these products regardless of a change in price. Examples of essential goods are basic food items like milk, bread, eggs, and meat. A change in price of these goods will not change the demand for them as people still need to buy them. Elasticity is higher for non-essential goods as consumers could choose to reduce the quantity they buy when prices increase.
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Ms Fiona is buying feed for her animals from a supplier. The supplier is normally granting credit for 90 days. He is now prepared to give a 1,5% discount if the account is settled within seven days. Ms Fiona is paying interest on her overdraft of 12% per annum. Advise Ms Fiona as to whether she should make use of the offer.
Ms Fiona should make use of the supplier's offer. let's compare the cost of settling the account within seven days to the cost of maintaining the credit for the full 90 days.
First, let's calculate the cost of settling the account within seven days with the 1.5% discount.
Discounted amount = Original amount - (Original amount * 1.5%)
Cost of settling within seven days = Discounted amount
Now, let's calculate the cost of maintaining the credit for the full 90 days:
Cost of maintaining credit for 90 days = Original amount + (Original amount * 12% * (90/365))
If the cost of settling within seven days is lower than the cost of maintaining the credit for 90 days, Ms Fiona should make use of the offer. Assume that there are no other factors to consider. It's always a good idea for Ms Fiona to review her own financial situation and consult with a financial advisor to make an informed decision.
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Michael Bless considers the reuse of towels by hotel guests as a
superficial change because it just "scratches the surface". What is
your take on that?
Michael Bless considers the reuse of towels by hotel guests as a superficial change because it just "scratches the surface." Michael Bless believes that hotels should make a significant effort to promote sustainability by implementing more effective and impactful practices rather than just focusing on superficial changes such as the reuse of towels by hotel guests.
Most hotels have implemented the reuse of towels by hotel guests as a means of promoting sustainability, which has led to a small reduction in the environmental impact of hotels. However, Bless believes that this is not enough to make a significant difference in the hotel industry's carbon footprint.
Instead, hotels should focus on more impactful and effective sustainability measures, such as reducing water consumption, using renewable energy sources, and reducing waste. Furthermore, hotels can promote sustainability by reducing their overall carbon footprint through improved supply chain management and by partnering with suppliers that share their commitment to sustainability.
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Of the following differentiators, which most commonly determines the success of a company?
a- The number of distinct products a company offers
b- Cooperative partners
c- Being the first player in a market
d- Better execution than the competition
d- Better execution than the competition
Among the listed s, better execution than the competition is the differentiator that most commonly determines the success of a company.
While factors like the number of distinct products, cooperative partners, and being the first player in a market can contribute to a company's success, it is ultimately the ability to execute effectively and outperform competitors that often leads to sustained success. Execution encompasses various aspects, including operational efficiency, effective strategy implementation, superior customer service, innovation, and continuous improvement. By consistently delivering high-quality products or services, meeting customer needs, and effectively navigating market challenges, a company can gain a competitive edge and achieve long-term success.Better execution than the competition is a crucial determinant of a company's success. It involves consistently outperforming competitors in various aspects of business operations. Here are some key points to consider:
1. Operational Efficiency: Successful companies focus on optimizing their internal processes and systems to ensure efficient production, delivery, and customer service. Streamlining operations helps reduce costs, enhance productivity, and deliver products or services in a timely manner.
2. Effective Strategy Implementation: Developing a well-defined strategy is essential, but its execution is equally important. Companies that effectively implement their strategic plans, adapt to market changes, and make informed decisions tend to gain a competitive advantage.
3. Superior Customer Service: Providing exceptional customer service is a significant aspect of successful execution. Companies that prioritize customer satisfaction, address queries or concerns promptly, and consistently deliver positive customer experiences tend to build strong customer loyalty and gain a favorable reputation.
4. Innovation and Adaptability: Remaining agile and responsive to market trends and customer needs is crucial. Successful companies continuously innovate, introduce new products or services, and adapt to changing market dynamics to stay ahead of the competition.
5. Continuous Improvement: Striving for ongoing improvement is a key component of successful execution. Companies that foster a culture of learning, encourage feedback, and proactively identify areas for enhancement are more likely to achieve long-term success.
While factors like the number of distinct products, cooperative partnerships, and being the first player in a market can contribute to success, they alone are not sufficient. Companies must consistently execute well in all areas of their business to maintain a competitive advantage, attract customers, and achieve sustained growth.
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Sandhill Technologies Inc. reported the following information related to its shareholders' equity on January 1 During the year, the following transactions related to common shares occurred in the order listed: 1. Issued 40,000 shares at $4.00 per share. 2. Reacquired 11,000 shares at $3.00 per share. 3. Issued 6.000 shares at $4.73 per share. 4. Reacquired 18,900 shares at $4 per share. 5. Reacquired 74,300 shares at $3 per share. (a) Calculate the number of shares authorized and issued at the end of the year. (b) Determine the ending balances in each of the following accounts: Common Shares, Contributed Surplus-Reacquis Common Shares, and Retained Earnings. (Round the average issue price to two decimal places, eg. 5.27 and final answers to places, e.g.5.276.) Commonshares $ Contributed Surplus-reacquisition of commonshares $ Retained earnings 5
The ending balance of the Common Shares is $182,300, the ending balance of Contributed Surplus-Reacquisition of Common Shares is -$204,000, and the ending balance of Retained Earnings is $5.
Authorized Shares = Issued Shares - Reacquired Shares, Authorized Shares = (40,000 + 6,000) - (11,000 + 18,900 + 74,300)
Authorized Shares = (46,000) - (104,200),
Authorized Shares = 42,800 shares issued at the end of the year
Common Shares - The common share's ending balance = Authorized shares * average issue price.
The common share's ending balance = 42,800 * $4.25
The common share's ending balance = $182,300
Contributed Surplus - Reacquisition of Common Shares
The contributed surplus's ending balance = reacquired shares * (average price per share - par value)
The contributed surplus's ending balance = (11,000 * ($4 - $3)) + (18,900 * ($4 - $3)) + (74,300 * ($3 - $4))
The contributed surplus's ending balance = $1,000 + $18,900 - $223,900
The contributed surplus's ending balance = -$204,000
Retained Earnings
Retained earnings ending balance = Net Income - Dividends
Retained earnings ending balance = $5 - $0
Retained earnings ending balance = $5
The company's authorized shares are calculated by subtracting the number of reacquired shares from the issued shares. Authorized shares are equal to 42,800 at the end of the year. The common share's ending balance is $182,300, calculated by multiplying the authorized shares by the average issue price of $4.25.
Contributed surplus's ending balance is -$204,000, calculated by multiplying the number of reacquired shares by the average price per share minus the par value.
The ending balance of Retained earnings is $5, calculated by subtracting the total dividends of $0 from the net income of $5. Thus, the ending balance of the Common Shares is $182,300, the ending balance of Contributed Surplus-Reacquisition of Common Shares is -$204,000, and the ending balance of Retained Earnings is $5.
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Write a letter inviting nursing students in the Nashville State Nursing program to participate in the Health Fair. Note: They are coming as health professionals . not just to participate in the Health Fair. It is anticipated that they will provide blood pressure measurements, BMI calculations, administer diabetes screening, and hand out a mental health questionnaire assessing for depression. Use your creativity to develop compelling reasons the nursing students will want to participate. Include information that can help the students respond to your persuasion. Assume you will be given a list of nursing students and you will send the same letter to all students. Make up one name and contact information and write a correctly formatted letter to that student. When you have Here are some notes the text author makes about persuasive messages: Determining how to gain attention requires both imagination and logic; it requires being able to imagine yourself in the reader's shoes and to find a logical link between the topic of the message and the reader's likely interests. For example, for the beginning of a message seeking to persuade medical doctors to give you their opinions, you might write, "What, in your opinion as a medical doctor, is the future of the private practice of medicine?" Or to take another example, for a message requesting contributions for orphaned children, you might write, "While you and I dined heartily last night, 31 orphans at San Pablo Mission had only dried beans to eat." However, avoid sounding overly sentimental or dramatic in tone. in general, keep it real. The Body Following the attention-gaining opening, you present the reasoning this opening has set up. To do this, you do more than just list points you persuade. You use words that convince. You use the you-viewpoint. And make your words travel fast, for slow-moving messages lead the reader to become impatient. Then, when you have persuaded the reader to accept your proposal, you ask for what you seek. If you have done the persuading. adequately, this part follows naturally. Choose the words that make your request with care, for the request is the riskiest part of your message. Avoid any wording that detracts from the request. And avoid words that bring to mind pictures and things that might work against you-such as reminders of reasons for refusing. For example, do not write it like this: "I am aware that businesspeople in your position have little free time to give, but will you please consider accepting an assignment to the board of directors of the Children's Fund?" Instead, write something like this: "Because your organizing skills are so desperately needed, will you please serve on the board of directors of the Children's fund?" The Close The request can end the message. But sometimes it helps to follow it with additional words of explanation. This plan is especially effective when a long persuasion effort is needed, and it is not practical to present it all before stating your goal. Sometimes you may choose to follow the request with a reminder of an appeal you used in your persuasion-to emphasize a benefit the reader will receive by complying.
[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Student's Name]
[Nashville State Nursing Program]
[Nashville State Community College]
[Address]
[City, State, ZIP Code]
Subject: Invitation to Participate in the Health Fair as Health Professionals
Dear [Student's Name],
I hope this letter finds you well. I am writing to invite you, as a nursing student in the Nashville State Nursing program, to participate as a health professional in our upcoming Health Fair. The event aims to promote health and wellness within our community and provide valuable services to attendees.
As a nursing student, your expertise and skills are highly valued, and we believe your participation will greatly contribute to the success of the Health Fair. Your role will involve providing essential health screenings and assessments, including blood pressure measurements, BMI calculations, administering diabetes screening, and distributing a mental health questionnaire to assess for depression.
Here are some compelling reasons why participating in the Health Fair would be beneficial for you:
Practical Experience: The Health Fair will offer you an opportunity to apply your nursing knowledge in a real-world setting. By interacting with diverse individuals and administering health screenings, you will gain valuable practical experience that will enhance your clinical skills.
Professional Networking: The event will bring together various healthcare professionals, organizations, and community members. Participating in the Health Fair will allow you to establish connections with professionals in the field, fostering potential future collaborations and mentorship opportunities.
Community Engagement: By engaging in the Health Fair, you will have the chance to make a positive impact on the health and well-being of individuals in our community. Your involvement will contribute to health promotion, disease prevention, and raising awareness about crucial health issues.
To ensure a successful event, we request your commitment and active participation. The Health Fair will take place on [Date] from [Time] at [Venue]. We kindly ask that you arrive at least [Time] before the start of the event for briefing and preparation.
Please confirm your participation by [Confirmation Date] by contacting our event coordinator, [Coordinator's Name], at [Coordinator's Email] or [Coordinator's Phone Number]. If you have any questions or require further information, feel free to reach out to us.
Thank you in advance for considering our invitation. We genuinely believe that your involvement will greatly contribute to the success of the Health Fair and provide you with valuable learning experiences. We look forward to your positive response and seeing you at the event.
Best regards,
[Your Name]
[Your Position]
[Organization Name]
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What is the Formula for Individual Income Tax, and what are the
Itemized deduction categories?
Course book:
Rupert, T. J., Pope, T. R., & Anderson, K. E. (Eds.).
(2014). Prentice Hall’s federal
Individual Income Tax is the tax paid by an individual on the income generated from various sources. The Internal Revenue Service (IRS) has set various rules and regulations to calculate the individual income tax.
The formula to calculate individual income tax is as follows: First, calculate your taxable income by adding all your income from various sources and subtracting all allowable deductions and exemptions. Once you have calculated your taxable income, look for your filing status, which can be Single.
Married Filing Jointly, Married Filing Separately, Head of Household, or Qualifying Widow(er).ep StUse the tax table, which is based on your taxable income and filing status, to find the amount of tax you owe. The tax table can be found in the IRS Form 1040 Instructions. Itemized Deductions Categories are as follows.
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In February, its first month of operations, a retailer made the following inventory purchases. Purchased 225 units at $7 each on Feb. 1. Purchased 400 units at $8 each on Feb. 10. Purchased 100 units at $9 each on Feb. 28. On Feb. 15, there were 300 units sold. The retailer used a perpetual inventory system. Using the FIFO cost formula, the cost of goods sold for the Feb. 15 sale was: $2,175 $2,800 $3,500. $1,525.
The cost of goods sold for the February 15 sale, using the FIFO cost formula, is $2,400.
To calculate the cost of goods sold (COGS) using the FIFO (First-In, First-Out) cost formula, we need to determine the cost of the units that were sold on February 15th.
First, let's summarize the inventory purchases:
• February 1: Purchased 225 units at $7 each.
• February 10: Purchased 400 units at $8 each.
• February 28: Purchased 100 units at $9 each.
Based on the FIFO method, the cost of the earliest purchases will be assigned to the units sold first. Therefore, we'll start by considering the February 1 purchase, followed by the February 10 purchase, and finally, the February 28 purchase.
On February 15, 300 units were sold. To calculate the cost of goods sold, we'll allocate the cost based on the FIFO principle.
1. First, let's determine the cost of the units sold from the February 1 purchase:
• Units available for sale: 225
• Units sold: 225
• Cost per unit: $7
• Cost of units sold from the February 1 purchase: 225 units * $7 = $1,575
2. Next, let's determine the cost of the remaining units sold from the February 10 purchase:
• Units available for sale: 400 (initial) - 225 (sold) = 175
• Units sold: 75 (remaining units from February 10 purchase)
• Cost per unit: $8
• Cost of units sold from the February 10 purchase: 75 units * $8 = $600
3. Finally, let's calculate the cost of the remaining units sold from the February 28 purchase:
• Units available for sale: 100 (initial) - 75 (sold) = 25
• Units sold: 25 (remaining units from February 28 purchase)
• Cost per unit: $9
• Cost of units sold from the February 28 purchase: 25 units * $9 = $225
Now, let's calculate the total cost of goods sold: COGS = Cost of units sold from February 1 purchase + Cost of units sold from February 10 purchase + Cost of units sold from February 28 purchase COGS = $1,575 + $600 + $225 = $2,400
Therefore, the cost of goods sold for the February 15 sale, using the FIFO cost formula, is $2,400.
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one-, two-, and three-year maturity, default-free, zero-coupon bonds have yields to maturity of 2%, 3.5%, and 5%, respectively. what is the expected 1-year rate, 1 year from now?
The expected 1-year rate, 1 year from now, is approximately 2.4989%.
In this case, we are given the yields to maturity for one-, two-, and three-year maturity zero-coupon bonds, which are 2%, 3.5%, and 5% respectively. These yields represent the current interest rates for each respective maturity.
Let's assume the 1-year rate, 1 year from now, is denoted by "r". According to the concept of forward rates, the relationship between the current interest rates and the forward rate is as follows:
(1 + r)^1 = (1 + YTM_2)^2 / (1 + YTM_1)^1
where YTM_1 represents the yield to maturity for a one-year bond, and YTM_2 represents the yield to maturity for a two-year bond.
In this case, we have the yields to maturity for the one-year and two-year bonds:
YTM_1 = 2% and YTM_2 = 3.5%
Substituting these values into the equation, we can solve for "r":
(1 + r)^1 = (1 + 0.035)^2 / (1 + 0.02)^1
(1 + r)^1 = 1.070225 / 1.02
(1 + r)^1 = 1.050220
Taking the square root of both sides, we get:
1 + r = 1.024989
r = 0.024989 or 2.4989%
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Clara is studying for a degree in Business Management at a university in Pretoria. For her thesis, she wants to research something around vintage clothes. She has a particular interest in vintage clothing and she thinks that she might develop a career in vintage clothing when she graduates from university.
Clara has been reading a journal article that she came across while browsing the e-resources of the university library. The title of the article is as follows 'Identity in old clothes: the socio-cultural dynamics of second-hand clothing in Johannesburg, south Africa (Na'amneh and Al Husban, 2021). The journal article explores the socio-cultural dynamics underlying the consumption of second-hand clothing in the city of Johannesburg. The study was an ethnographic study. Data gathering for the study involved in-depth interviews conducted with consumers and shop owners. Clara found the journal article particularly interesting. The study, as presented in the journal article, provides insight into the relationship between consumption and identity, as well as highlighting some of the concerns and reservations people might have about buying second-hand clothes. The study highlighted symbolic rather than economic explanations of consumer practices.
Based on her reading of the journal article, Clara designed the following study. This research project is an ethnographic study of consumer practices in three vintage clothing stores in Pretoria. The aim of this research project is to assess the consumer behaviour in three vintage clothing stores in Pretoria.
5. Describe the research Methodology you would use for this research and explain your reason for choosing this methodology: under the following headings
5.1 Research Approach
5.2 Fundamental philosophy
5.3 Research Methodology
5.4 Two (2) Data Collection methods
Using this methodology, Clara can gather rich and nuanced data that will help her assess the consumer behavior in vintage clothing stores in Pretoria. By understanding the factors that influence consumer choices and the meanings they attach to vintage clothing, Clara can contribute to the existing knowledge on this topic.
To conduct her research on consumer behavior in vintage clothing stores in Pretoria, Clara can use the following research methodology:
5.1 Research Approach: Clara can adopt a qualitative research approach. This approach focuses on understanding and interpreting social phenomena through in-depth exploration and analysis of subjective experiences, attitudes, and behaviors. By using qualitative methods, Clara can gain a comprehensive understanding of the consumer behavior in vintage clothing stores.
5.2 Fundamental Philosophy: Clara can adopt a constructivist philosophy. This philosophy emphasizes the importance of social and cultural contexts in shaping individuals' perceptions and behaviors. By embracing this philosophy, Clara can explore how consumers construct their identities through their choices and interactions in vintage clothing stores.
5.3 Research Methodology: Clara can choose ethnography as her research methodology. Ethnography involves immersing oneself in the research setting to observe and document social interactions and behaviors. By conducting an ethnographic study, Clara can gain insights into the context, culture, and practices of the vintage clothing stores, and understand how consumers engage with the products and the store environment.
5.4 Two Data Collection Methods: Clara can use participant observation and semi-structured interviews as her data collection methods. Participant observation involves actively engaging in the setting, observing and recording interactions and behaviors. Semi-structured interviews allow Clara to have in-depth conversations with consumers, exploring their motivations, perceptions, and experiences regarding vintage clothing.
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The first element of a certain assembly operation is " get part and move to assembly position". The element is performed entirely with the right hand. Starting from a point close to the front of his body, the operator reaches 10 inches for a light part which is by itself on the work bench. He grasps it with a pick-up grasp on an object by itself in an easy grasping position and moves it 6 inches to an approximate location. He releases it with a normal release performed by opening the fingers as an independent motion and returns his hand 10 inches to an indefinite location near his body. Express the five motions employed in terms of methods- time measurement conventions/symbols and determine the time in tmu foreach motion. What is the. Tcle for performing the element in tmu? In decimal hours? In decimal minutes? In seconds?
The five motions employed are: Reach, grasp, transport, release, and return.
Let's determine the time for each motion of an assembly operation.
Get part and move to assembly position
The method-time measurement (MTM) conventions/symbols are given as:
Reach: R4 Grasp: G1 Transport: T3 Release: R2 Return: R1
Time for each motion
Reach = 5 tmu (0.083 min)
Grasp = 7 tmu (0.117 min)
Transport = 5 tmu (0.083 min)
Release = 3 tmu (0.050 min)
Return = 6 tmu (0.100 min)
The total observed time is obtained by adding the times of each motion, which gives 26 TMU (0.433 min).
The basic time is obtained by multiplying the total observed time by the rating factor, which gives 26 × 1.40 = 36.4 TMU.
Convert TMU into decimal hours, minutes, and seconds.
Decimal hours = Basic time ÷ 10000
= 0.00364 hrs
Decimal minutes
= Decimal hours × 60
= 0.218 min
Seconds = Decimal minutes × 60 = 13.08 seconds
The total cycle time (TCT) is the sum of the times taken by the operator to perform one cycle of the assembly operation.
So, the TCT for performing the element is 36.4 TMU (0.433 min, 0.0072 hours, 0.432 min).
Hence, the TCT in seconds is 26.08 s (rounded off to two decimal places).
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