Answer:
The answer is B.Portfolio Investment and direct Investment.
Explanation:
Portfolio Investments are investments made in a group of assets (equity, debt, mutual funds, derivatives or even bitcoins) instead of a single asset with the objective of earning returns is commensurate with the risk profile of the investor.
Direct Investment commonly referred to as foreign direct investment (FDI), refers to an investment in a foreign business enterprise designed to acquire a controlling interest in this enterprise.
The Toro-Hessians are a minority group in the Margoza Archipelago, with a set of preferences, attitudes, and taboos, distinct from that of the national culture. Therefore, they are often overlooked when foreign businesses choose to customize their products for the inhabitants of the islands. The Toro-Hessian community is an example of ___________.
Answer:
The correct answer is: Subculture.
Explanation:
In Sociology, Anthropology, and Cultural Studies, the term subculture defines a group of people with a type of distinctive behavior and beliefs that make them different within the primary culture they are part of. Subcultures can be created based on age, gender, or ethnicity.
When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be:_____
Answer:
Inelastic
Explanation:
When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic
1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59
2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4
3. Price Elasticity = 0.4/0.59 = 0.68
4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic
Using the midpoint method to calculate the price elasticity of demand for hamburgers, we find that the elasticity is approximately -0.68; therefore, hamburgers are said to be price inelastic.
When the price of hamburgers increased from $1.50 to $2.75 and the quantity demanded decreased from 375 units to 250 units, using the midpoint method, we can calculate the price elasticity of demand to determine how sensitive the quantity demanded of hamburgers is to a change in price. The midpoint method formula for elasticity is given by:
Elasticity (E) = (Q2 - Q1) / [(Q2 + Q1) / 2] / (P2 - P1) / [(P2 + P1) / 2]
Plugging in the values we get:
E = (250 - 375) / [(250 + 375) / 2] / ($2.75 - $1.50) / [($2.75 + $1.50) / 2]
E = (-125) / (312.5) / (1.25) / (2.125)
E = -0.4 / 0.5882
E = -0.68 (approximately)
Since the absolute value of elasticity is less than 1, hamburgers are said to be price inelastic.
The general journal for Wells Tech includes the entry below. Based on the information in this entry, which of the following can you determine about the corresponding general ledger entries?
The rent expense of $650 was debited to account 500 and the cash paid was credited to account 600.
Which of the following journal entries is appropriate when a company receives payment in advance for goods or services?
Debit cash and credit a liability account or a revenue account.
Answer:
Debit cash and credit a liability account
Q:
Which of the following journal entries is appropriate when a company receives payment in advance for goods or services?
Explanation:
The company will dbeit the cash, as it is receiving it and cash is an asset account that increase from debit.
As the company receives the amount in advance, it assumes the obligation to perform in the future. This is the concept of a liability.
To be a revenue, it is required that the services or sale is performed. As the payment is before the sale or service it is not earned.
I make $2,000/month. Of that the government takes $200 in taxes. Then I pay $1,000 for rent, $400 for food, and $200 in utilities. The remaining $200/month I have left is considered:________.
Answer:
My savings
Explanation:
Savings for a month is the amount left after deducting all my expenditure from my monthly income
Savings = income - total expenditure
income = $2,000
total expenditure = $200 + $1,000 + $400 + $200 = $1,800
Savings = $2,000 - $1,800 = $200
Which of the following statements about the price elasticity of demand is correct The absolute value of the elasticity of demand ranges from zero to one. The elasticity of demand for a good in general is equal to the elasticity of demand for a specific brand of the good. Demand is more elastic the smaller the percentage of the consumer's budget the item takes up. Demand is more elastic in the long run than it is in the short run
Answer:
Demand is more elastic in the long run than it is in the short run
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is more elastic in the long run than it is in the short run because in the long run consumers have more time to search for suitable substitutes.
When the absolute value of elasticity of demand is less than one, demand is inelastic.
When the absolute value of elasticity of demand is equal to one, demand is unitary.
When the absolute value of elasticity of demand is greater than one, demand is elastic.
Demand is less elastic the smaller the percentage of the consumer's budget the item takes up.
The elasticity of demand for a specific brand of good doesn't translate into the elasticity of demand for the good.
I hope my answer helps you
The price elasticity of demand measures how quantity demanded responds to a change in price and can be elastic, unit elastic, or inelastic. A demand/supply is elastic if a given % change in price produces a larger % change in quantity demanded/supplied. It's inelastic if the same % change in price results in a smaller % change in quantity demanded/supplied.
Explanation:The price elasticity of demand measures the responsiveness of the quantity demanded of a good to a change in its price. It is computed as the percentage change in quantity demanded divided by the percentage change in price. The elasticity can be described as being elastic (very responsive), unit elastic, or inelastic (not very responsive).
An elastic demand or supply curve indicates that quantity demanded or supplied responds to price changes in a greaterthan-proportionall manner, thus leading to an elasticity greater than one. In contrast, an inelastic demand or supply curve is one where a given percentage change in price will cause a smaller percentage change in the quantity demanded or supplied, which corresponds to an elasticity of less than one. A unitary elasticity, on the other hand, means that a given percentage change in price leads to an equal percentage change in quantity demanded or supplied.
At one end of the demand curve, where we have a larger percentage change in quantity demanded over a small percentage change in price, we'd have a high elasticity value, meaning the demand would be relatively elastic. However, at the other end of the demand curve, the quantity is much higher, and the price is much lower, so the percentage change in quantity demanded is smaller and the percentage change in price is much higher. Therefore, we'd have a small numerator over a large denominator, resulting in a low elasticity measure, or inelastic demand.
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Which of the following is a reason for product failure in a firm?a. Resorting to radical innovation with the new products process b.Avoiding the use of the ready—fire—aim approach in the product development process c.Chasing a moving target d.Paying too much attention to customer needs
Answer:
Seemingly the most suitable answer is D. Paying too much attention to customer needs.
Explanation:
Ever heard the impression too much of anything is too bad? That's the case here. When too much attention is given to the customer need, the process of development get stagnated in one point and the company loses the track of their ability to produce such a "perfect" product.
The company should consider their financial.capacity and resources availability as well.
Kingbird, Inc. purchased office supplies costing $7980 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $2850 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be:
Answer and Explanation:
In The books Of (Kingbird Inc.)
Journal Entry
Date Account Title and Explanation Amount Amount
Supplies Expenses a/c Dr $5,130
To Supplies a/c $5,130
(Being adjusted entry held for remain Supplies)
Working Note:
Amount = ($7,980 - $2,850) = $5,130
Benny spends all of his money buying wine and cheese. Diminishing marginal utility applies to both goods. The marginal utility of the last bottle of wine he bought is 60, and the marginal utility of the last block of cheese he bought is 30. The price of wine is $3, and the price of cheese is $2. Benny A. is spending too much money on wine and cheese. B. should buy more wine and less cheese C. should buy more cheese and less wine. D is buying wine and cheese in the utility-maximizing amounts QUESTION 28 3.85 pointsSave Answ Suppose ivy buys only two things, books and coffee, and receives the same satisfaction from the last book bought as she did from the last coffee bought. Books cost twice as much as coffe, and she has spent all of her money. Diminighing marginal utility applies to both goods. If she is trying to maximize her utility A vy should buy more books and less coffee B hy should buy more coffee and fewer books C vy should buy more coffee and more books. yis making the right choice
Answer:
B) should buy more wine and less cheese
Explanation:
During May, the cost of goods manufactured was $55,000. The beginning finished goods inventory for the month was $22,000, and the ending finished goods inventory was $34,000. What was the cost of goods sold for May?
Answer:
$43,000
Explanation:
The cost of goods sold refers to the direct expense incurred in producing goods sold by a company. The formula for calculating the cost of goods sold (COGS) is as follows
COGS=Beginning Inventory+Purchases −Ending Inventory. For a manufacturing firm, Purchases is replaced by manufactured goods.
In this case:
Beginning inventory is $22,000
Ending inventory is $ 34000
Cost of manufactured goods is $55,000
Therefore:
COGS = $22000+ $55000 -$34,000
COGS =$43,000
An investment strategy where a higher price is paid for a stock based upon expected returns is: A growth investing B value investing C conservative investing D passive investing
Answer: Growth investing
Explanation:
The growth investing is one of the type investing strategy that basically focuses on the increase in the capital of the investors and also growth of the stocks in the market.
The growth investing basically focuses on the capital appreciation and it increase the average rate of the industry sectors.
According to the given question, the investment strategy basically helps in the investing process where the higher price are paid for the stock that is basically based upon the expected returns.
Therefore, Growth investing is the correct answer.
Micromedia offers computer training seminars on variety of topics. In the seminars each student works at a personal computer, practicing the particular activity that the instructor is presenting. Micormedia is currently planning a two-day seminar on the use of Microsoft Excel in statistical analysis. The projected fee for the seminar is $300 per student. The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800. Micromedia rents computers for its seminars at a cost of $30 per computer per day.
a. Develop a model for the total cost to put on the seminar. Let x represent the number of
students who enroll in the seminar.
b. Develop a model for the total profit if x students enroll in the seminar.
c. Micromedia has forecasted an enrollment of 30 students for the seminar. How much
profit will be earned if their forecast is accurate?
d. Compute the breakeven point.
Answer:
Explanation:
a. Total cost=4800+30*2*x=4800+60x
The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800
Computer rental - $30 per day
Length of seminar - 2 days
X - number of students
b. total profit = revenue-costs incurred = 300x-(4800+60x)=240x-4800
Projected fee - $300 per student
c. If 30 students enrolled
profit=240*30-4800=7200-4800=2400
d. 240x-4800=0
x=4800/240=20
break-even point is 20, it is point at with profit will equal zero
IN the given case, the multimedia develop the model of cost as 4,800+60x, its total cost model is 240x-4,800, they earned a profit of $2,400 and the breakeven point is 20.
What is the breakeven point?The break-even point is defined as the point in which the total cost and the total revenue are equivalent.
This means that there is no profit, no loss condition for the small business.
(a). Computation of the total cost model:
The total cost model is made with the help of The cost for the conference room, instructor compensation, lab assistants, and promotion and computer seminars.
Therefore, the total cost model is:
According to the given information,
The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800.
Length of seminar = 2 days
Computer rental = $30 per day
Number of students = X
Therefore, the total cost model is:
[tex]\text{Total Cost}=\$4,800 +30 \times 2 \times x \\\text{Total Cost}=\$4,800+60x[/tex]
(b). Computation of total profit model:
According to the given information,
Projected fee= $300/- Student
Therefore, total profit model is:
[tex]\text{Total Profit} = \text{Revenue-Costs Incurred}\\ \text{Total Profit} =300x-(\$4,800+60x)\\\text{Total Profit} =240x-\$4,800[/tex]
(c). Computation of profit earning:
In the given case, 30 students enrolled for the seminar,
[tex]\text{Profit}=240 \times 30-\$4,800\\\text{Profit}=\$7,200-\$4,800\\\text{Profit}=\$2,400[/tex]
(d). Determination of breakeven point:
According to the given information,
Let,
[tex]240x-\$4,800=0[/tex]
Then, the breakeven point is:
[tex]x=\dfrac{\$4,800}{240}\\\\x =20[/tex]
The profit will be 0 at the breakeven point of 20.
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Groundswell Industries, a U.S.-based large conglomerate, competes in the hospitality, education, telecommunications, entertainment, airlines, and chemical industries. It currently operates in about 30 nations, and is planning to expand its portfolio by investing in rapidly developing countries. Which of the following strategies is Groundswell Industries pursuing?(A) zone pricing(B) niche marketing(C) product-market diversification strategy(D) process diversification strategy
Answer:C. Product-market diversification strategy
Explanation: Product-market diversification strategy is a business strategy where a company invests in different product lines like FOOD,MEDICALS, ENGINEERING,CEMENT etc and in different markets. This will make the Business organisation to be very versatile and able to over come certain harsh economic conditions. Many international and multinational companies have pursued this strategy to enhance their overall business growth and development.
In Country A, the production of 1 bicycle requires using resources that could otherwise be used to produce 11 lamps. In Country B, the production of 1 bicycle requires using resources that could otherwise be used to produce 15 lamps. Which country has a comparative advantage in making bicycles?
Answer:
Country A
Explanation:
given data
country A give 11 lamp produce = 1 bicycle
country B give 15 lamps produce = 1 bicycle
solution
we know that country comparative advance is require giving up less of product for producing 1 bicycle
so as that country A has comparative advantage over country B
it is Because Country B has to sacrifice more in order to have 1 unit of the bicycle
so comparative advantage in making bicycles is Country A
Your company identifies an untapped need for its products in a foreign country. However, limited transportation to this country makes exporting difficult, and the lack of an adequate water and sewer system makes manufacturing impossible. This is an example of how a U.S. firm attempting to enter global markets encounters ________ challenges.
Answer:Physical and environmental challenges
Explanation: Physical challenges refers to limited transportation , the actual challenges that will hinder physical activities that the business needs to embark on and environmental challenges refers to inadequate water and lack of sewer system , it would be difficult to run the business without water and proper sewer services that can be used by the employees.
termountain Healthcare is a very large organization with thousands of employees. List at least four methods it uses to communicate with employees. Why do you think this organization feels the need to use so many different methods to communicate?
Answer:
1) ELECTRONIC MAILS(Email)
VERBAL COMMUNICATION( 2)MEETINGS AND FORUMS)
3)PRINT MEDIA( NOTICE BOARDS,HAND BILLS)
4)WRITTEN LETTERS
THE NEED FOR COMMUNICATION
(1) To ensure effective growth and development of its employees.
(2) To ensure effective performance of the entire Team.
(3) To ensure everyone works in line with its STRATEGIC OBJECTIVE.
Explanation: Communication is key to effective performance of Organisations, proper communication helps to ensure that an organization is in constant interaction with its employees. Most Global Organisations will have to device several means of communication with its team to help it's business because Communication is needed for successful Business.
In January you made your final payment on your car loan and in July you got a small home equity loan to replace windows and add a deck. How would you classify these activities in your cash flow statement?
Answer:
financing activities
Explanation:
Cash flows include:
operating activities financing activities: the net amount of money an individual or an organization receives through external funding operations (debts and loans basically). They include money received through new loans or money repaid to creditors. investing activitiesBecky asks her friend Maggie to walk her dog for her, and Maggie agrees. While out walking, the dog gets away from Maggie and runs into Mr. Edwards' garden, digging up some expensive plants. Which statement best characterizes this situation?
a. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.
b. Maggie is liable for the damages to Mr. Edwards' garden, because she was walking the dog at the time of the damage.
c. Both Becky and Maggie are equally liable for the damages to Mr. Edwards' garden--the dog belongs to Becky, but Maggie was walking him at the time of the damage.
d. Neither Becky nor Maggie is liable for the damages to Mr. Edwards' garden because no agency relationship existed between Becky and Maggie.
Answer:A. Becky is liable for the damages to Mr. Edwards' garden, because she exercised control over her agent, Maggie.
Explanation:This is a situation where a person is working under the instructions of another, Becky will take the full responsibility for the damage done by the Dog to Mr. Edwards garden.
This can be seen also in conditions where a principal gives instructions or job to an Agent, the actions of the agent will directly impact the Principal as the Agent is working according to the directives of the principal.
As per the text, Becky talks to friend Maggi to walk her dog and while walking the dog gets away. The Maggi runs into Mr. Edward garden to dig dome expensive plants.
The statement that would best characterize her would be Berkey is liable for the damages to Mr. Edward garden as she gave the control to her agent Maggi.Hence the option A is correct.
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The labor union of a machinery manufacturing company went on strike demanding an increase in their wages. Craig, the chief human resource officer of the company, called a meeting with the labor union leader and came to a consensus that the company would increase the wages of the workers who take the night shifts. In the context of managerial roles, which of the following decisional roles does Craig illustrate in this scenario?
Answer:
disturbance handler role
Explanation:
Disturbance handler refers to a managerial role that handles unforeseen incidents and complexities. Disturbance Handler works as problem solver in leadership. ' Anomalous conditions ' within the control structure which may affect the network performance. Thus, from the above explanation we can conclude that the given case depicts disturbance handler role.
Genesis Technologies has adopted an SOA approach to systems development. A new "disruptive" technology, Senstor, has recently been launched in the market which promises to provide significant benefits to software companies that focus on collaborative process. In such a scenario, how is Genesis Technologies most likely to react?
Answer:
It will use resources efficiently to adapt itself to the new technology
Explanation:
SOA which means service oriented architecture is a pattern of designing new software where the other components depends on the application components through a network of communication protocols.
Being a new technology , it will take a period of time before Genesis can have a good understanding that will facilitate an effective use , therefore it has to use its resources efficiently during the early stage of the product adoption
Eula, a company that manufactures soda, offers its latest products at very low prices. Eula's strategy is based on the assumption that more customers will be willing to buy its products if they are offered at lower prices. Eula has adopted this strategy to attract a larger customer base and increase its sales volume even though it will only gain a small profit on each individual sale. In this scenario, Eula has implemented the _________ strategy.A. high/low pricing
B. skimming pricing
C. penetration pricing
D. loss-leader pricing
Answer:
C. penetration pricing
Explanation:
Penetration pricing is a marketing strategy where price is set to a low amount in order to get a large portion of the market within a short time.
It is based on the logic that consumers will prefer to buy goods at lower prices.
Penetration pricing is used to get market share and profits are gained at scale. That is small profits on each sale, and when there is large sales turnover profit will be high.
Apex Corp. asks its consumers to determine how they perceive the similarities and dissimilarities among relevant product attributes for a group of competing brands. In this case, Apex Corp. is most likely using the technique of _____.
A.concept testing
B.behavioral targeting
C.perceptual mapping
D.bivariate regression analysis
E.analysis of variance (ANOVA)
Answer: (C) Perceptual mapping
Explanation:
The perceptual mapping is one of the type of technique that is used by the marketers for visually displaying the different types of perceptions of the consumers and the users.
It is also known as the market mapping technique that is used for the developing the various types of brands and the products in the market for based on the customer perspective.
According to the given question, the Apex corp. is using the perpetual mapping technique for determining the different types of product attribute in the market.
Therefore, Option (C) is correct answer.
The company town, in which a major employer builds homes and commercial buildings, and provides the goods and services needed by its employees, is an example of paternalistic social responsibility.
A) True
B) False
Answer:
A) True
Explanation:
Paternalistic social responsibility refers to acts whereby managers provide for the essential needs of the employees such as providing them with accommodation facilities along with satisfying other needs such as food.
Henri Ford was among the first initiators of such a responsibility when he provided health programs and recreational services to his employees.
Building town homes with provision for food by employer is an example of paternalistic social responsibility.
The economy of Atlantia is defined by the private ownership of the means of production. Although products produced and prices are based on market factors, the government intervenes as a regulator to ban harmful products and to set a minimum wage. Atlantia is an example of a
Answer:
Mixed economy
Explanation:
A mixed economy is an economic system that has elements of both socialism and capitalism.
Socialism is an economic system that allows only public ownership of capital goods. That is, it an economic system under which only the government is allowed to own the means of production without any private ownership.
Capitalism is an economic system that allows only private ownership of capital goods and market determines prices of goods produced. The implication is that only private individuals or businesses are allowed to own the means of production without any government ownership, regulation or intervention.
The means of production are the factories, machinery, plant and equipment, and tools that are employed to produce goods.
However, a mixed economy has a combination of both capitalism and socialism, because it gives freedom to private individuals to own and use the means of production, but it also allowed intervention from the government in form of regulation of prices with the objective of achieving social aims.
Therefore, the economy of Atlanta is a mixed economy because it allows private ownership of the means of production, but also allows government intervention as a regulator.
Liam, the art director at Impact Advertising, has decided to lay off a production assistant due to the loss of a major client. Which of the following will be the best way for Liam to convey his decision? A) meeting with a follow up memo b ) Leading c) Both D)none of these
Answer:
A) Meeting with a follow up memo
Explanation:
Whenever an employee is fired or laid off, such an information needs to be conveyed using a formal mode of communication.
In such cases, a meeting in private is called forth wherein the manager conveys the decision, citing brief and not lengthy explanation. The manager should not delve into intricacies, and rather state the exact reason.
Thereafter employee dues are paid off and the employee is discharged. Post which, the other employees and staff of the organization are informed of the decision via a follow up memo.
Sal contracts with Tasty Pizza Company to deliver its products. Later,both parties change their minds and decide to cancel their contract.The next day, Sal again offers to deliver Tasty’s products. Tasty iswilling to deal, but for a new price. Sal and Tastya.can agree to a new contract, but it cannot include a new price.b.can agree to a new contract that includes the new price.c.must perform their original contract.d.must perform the part of their original contract that isexecutory.
Answer:
.b.can agree to a new contract that includes the new price
Explanation:
When Sal and Tasty agreed to cancel their first contract, that was the end of that particular contract. No further negotiations can take place because the contract doe not exist. By calling Tasty the following day, Sal was initiating a new contract.
A new contract does not need to make any references to the canceled contract. Sal and Tasty are free to negotiate for new terms and negotiations since this is a new contract. The details of the canceled contract are no longer binding to them.
Organizational markets is another name for _____. A. single-sourcing markets B. outsourcing C. business-to-business markets D. government markets E. resellers
Option C
Organizational markets is another name for business-to-business markets
Explanation:B2B (business-to-business) marketing is retailing of goods to companies or another businesses for aid in making of goods, for application in usual business processes, or resale to different users, so as a wholesaler marketing to a retailer.
Business to business commits to trade that is carried within organizations, preferably than within a firm and personal customers. While buyers accept goods based not solely on cost but on reputation, rank, and additional sensitive triggers, B2B customers obtain judgments on value and gain inherent simply.
LaVilla is a village in the Italian Alps. Given its enormous popularity among Swiss, German, Austrian, and Italian skiers, all of its beds are always booked in the winter season and there are, on average, 1,200 skiers in the village. On average, skiers stay in LaVilla for 10 days.
A. How many new skiers are arriving – on average – in LaVilla every day?
B. A study done by the largest hotel in the village has shown that skiers spend on average $50 per person on the first day and $30 per person on each additional day in local restaurants. The study also forecasts that – due to increased hotel prices – the average length of stay for the 2014/2015 season will be reduced to five days. What will be the percentage change in revenues of local restaurants compared to last year (when skiers still stayed for 10 days)? Assume that hotels continue to be fully booked!
Answer:
A) 120 arrive (and leave) per day
B) a 6.25% increase
Explanation:
A) average of 1,200 skiers in LaVilla
they stay on average for 10 days
flow rate = inventory / flow time = 1,200 / 10 = 120
B) If tourists will stay only 5 days instead of 10, 240 tourists will be arriving and leaving every day.
To calculate this we will take any 1 day period:
Scenario 1 (10) old guests new guests total
day 1 1,080 120 1,200
total expenditures $32,400 $6,000 $38,400
Scenario 2 (5) old guests new guests total
day 1 960 240 1,200
total expenditures $28,800 $12,000 $40,800
If the average stay is reduced to 5 days, then the total restaurant revenue should increase by $2,400 or 6.25%.
Final answer:
On average, 120 new skiers arrive in LaVilla every day. If the average length of stay is reduced from 10 days to 5 days, local restaurants will see a -46.88% change in revenue, assuming that hotels remain fully booked.
Explanation:
To answer the first question about how many new skiers are arriving in LaVilla every day, we use the following information:
There are, on average, 1,200 skiers in LaVilla.Each skier stays for 10 days on average.We can calculate the number of new arrivals per day by dividing the total number of skiers by the length of stay. Hence, the number of new skiers arriving daily is 1,200 skiers ÷ 10 days = 120 skiers per day.
To calculate the percentage change in revenues of local restaurants when the average stay is reduced from 10 days to 5 days:
First, we calculate the current average revenue per skier: $50 on the first day + $30 × 9 additional days = $320 per 10-day stay.Then calculate the new average revenue per skier when the stay is reduced to 5 days: $50 on the first day + $30 × 4 additional days = $170 per 5-day stay.The percentage change in revenue per skier is calculated as follows: ((New Revenue - Old Revenue) ÷ Old Revenue) × 100. Thus, the percentage change is ((170 - 320) ÷ 320) × 100 = -46.88% change in revenue.
MPI Incorporated has $7 billion in assets, and its tax rate is 40%. Its basic earning power (BEP) ratio is 8%, and its return on assets (ROA) is 3%. What is MPI's times-interest-earned (TIE) ratio? Do not round intermediate calculations. Round your answer to two decimal places.
Answer:
Times interest earned (TIE) = 2.67
Explanation:
EBIT = $7 bllion x 8% = $560,000,000
ROA = net income / total assets
3% = net income / $7,000,000,000
net income = $7,000,000,000 x 3% = $210,000,000
earnings before taxes = net income / (1 - tax rate) = $210,000,000 / 60% = $350,000,000
if EBIT = $560,000,000 and EBT = $350,000,000, then interests = EBIT - EBT = $560,000,000 - $350,000,000 = $210,000,000
Times interest earned (TIE) = EBIT / interest expense = $560,000,000 / $210,000,000 = 2.67
MPI's Times Interest Earned (TIE) ratio is 2.50.
To calculate the Times Interest Earned (TIE) ratio, we need to use the following formula:
TIE = EBIT / Interest Expense
First, we need to calculate Earnings Before Interest and Taxes (EBIT):
ROA = EBIT / Total Assets
So, EBIT = ROA × Total Assets
EBIT = 0.03 × $7 billion
EBIT = $210 million
Next, we need to calculate Interest Expense:
Interest Expense = EBT × Tax Rate
Interest Expense = (EBIT - Interest Expense) × Tax Rate
Interest Expense = ($210 million - Interest Expense) × 0.4
Interest Expense = $84 million
Now, we can calculate the TIE ratio:
TIE = $210 million / $84 million
TIE = 2.50
According to the Comparative Analysis of Tools and Technologies for Policy-Making theory, there are 11 possible main categories of Information Communications Technology (ICT) tools and technologies that can be used for policy-making purposes.True / False.
Answer:
True
Explanation:
The eleven categories are
Visualization : for better understanding of dataArgumentation: visualize the structure of complex arguments using graphseParticipation : encourages participation in social and political processOpinion mining : interpret public comments written in different applicationSimulation :guides towards making decision concerning future actionsSerious games:Train usersPolicy making : to help in policy makingPersuasive tools : to convince users for change of attitudeSocial network analysis : analyse social network users behavioral patternBig data : supports helps in processing large dataSemantics and linked data: analyzing and publishing large dataThe price elasticity of demand for gasoline in the short run has been estimated to be -0.1. If a war in the Middle East causes the price of oil (from which gasoline is made) to increase, how will that affect total expenditures on gasoline in the short run, all other things unchanged?
demand will stay the same, but total expenditures will fall
demand will decrease, but total expenditures will rise
total expenditures will remain unchanged
demand will not change, but total expenditures will rise
Answer:
demand will not change, but total expenditures will rise
Explanation:
there wont be any changes in consumption quantity but lesser oil will make gasoline more expensive and therefore not changing the demand but making the total expenditures to increase.