Answer:
A market system
Explanation:
A restaurant uses the ratio method of pricing. It has annual nonfood costs of $675,000 and desires a profit of $125,000. Last year the restaurant spent $367,000 on food costs. What will be the selling price of an item with food cost of $6.00?
Based on the ratio pricing method, the selling price of an item with food cost of $6 would be $13.08.
What is the ratio pricing method?The ratio pricing method is used to determine the price of menu items. It is calculated by adding non food costs to the desired profit and dividing the sum by food cost. This value is then multiplied by the standard food cost.
Ratio pricing method = [(non food cost + desired profit) / food cost] x standard food cost
= [($675,000 + $125,000) / $367,000] x $6 = $13.08
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Float is defined as the:Multiple Choiceamount of cash a company can immediately withdraw from its bank account.difference between book cash and bank cash.change in the cash balance from one accounting period to the next.
What causes the cost of a good to increase? low demand and low supply high demand and high supply low demand and high supply high demand and low supply.
Answer:
The answer is D. High demand low supply
I got it right on egde
Explanation:
Answer: D
Explanation: I got it right
Relationship B has a greater rate than Relationship A. This graph represents Relationship A.
What table could represent Relationship B?
Time (weeks) 3 4 6 9
Plant growth (in.) 1.5 2 3 4.5
Time (weeks) 2 5 6 9
Plant growth (in.) 1.2 3 3.6 5.4
Time (weeks) 2 5 6 9
Plant growth (in.) 1.4 3.5 4.2 6.3
Time (weeks) 2 5 6 9
Plant growth (in.) 1.6 4 4.8 7.2
Answer:hola nose
nose
Explanation:creo que es la
B
if a customer with a food allergy accidentally receives a dish with the allergen in it what should the food handler do
The food handler must call the emergency medical service so that the patient can be seen as soon as possible and avoid a serious medical risk.
What is an allergy?It is a term that refers to a set of alterations in the body that can affect the systems
RespiratoryNervousImmunologicalAllergies generally occur when the body has an extreme sensitivity to a substance to which it has been exposed, and that under normal conditions do not cause these alterations.
According to the above, the best way to treat an allergy is to call the emergency medical system because the patient's allergic reaction can be severe and cause choking or other serious symptoms that can cause death.
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Kenny is a college student working a part-time job as a mechanic at a local body shop Kenny earns an average of $25 per hour, working 20 hours per week . Kenny pays his health insurance of $2,200 per year and taxes of $1,000 per year What is his net annual pay? And net monthly pay rounded to the nearest dollar?
Kenny's net annual pay is $22,800.
Kenny's net monthly pay is $1900.
What is Kenny's net annual pay?Kenny's net annual pay is her gross pay less any deductions such as insurance and taxes.
Kenny's net annual pay = gross pay - health insurance - taxes
Gross pay = $25 x 20 x 52 = $26,000
Kenny's net annual pay = $26,000 - $2200 - $1000 = $22,800
Kenny's net monthly pay = $22,800 / 12 = $1,900
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The automatic storage water heater was invented by ____, an employee of George Westinghouse, founder of the Westinghouse Corp.
The person who worked for George Westinghouse and invested the automatic storage water heater was Edwin Rudd.
Who was Edwin Rudd?Edwin Rudd was an employee of George Westinghouse when he worked at the Fuel Gas and Manufacturing company.
It was here that he invented the automatic storage water heater in 1889 and then spent as much as 8 years to improve on it.
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Which communication objective related to the hierarchy of effects requires explaining the benefit of a new product relative to other similar products offered by​ competitors?
The communication objective related to the hierarchy of effects is knowledge.
What is knowledge?Knowledge simply means having understanding about something by knowing it.
Having good understanding of a new product is important as this help us to everything about the products, including the important of the product and the benefit consumer of such product tend to derived from using this product compare to other product that are similar to the new product in the market.
Inconclusion the communication objective related to the hierarchy of effects is knowledge.
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In terms of increasing motivation, which variable-pay plans are better for newco than others?.
Answer:
piece-rate pay plan
-A bonus plan.
-A profit-sharing plan.
-A merit-based pay plan.
-An employee stock ownership plan
Thanks in advance for your help.
When an individual weighs her options and makes a choice that maximizes her benefit at the minimum cost, economists refer to this as a process of
The cargo ship felicity ace sank in the north atlantic, taking $400 million worth of what with it?.
Answer:
$400,000,000 of CarsThe exact number of the cars were 4,000, and all their costs were $438 million to be more specific. It sank off the coast of the Portuguese Azore's Archipelago.
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True or false? when accepting a credit card for payment, the medical assistant should verify the name and the expiration date on the credit card.
At a listing appointment, the seller asks the broker not to disclose the prior termite treatment and repairs since they are now corrected. The broker should
The broker should insist that the seller disclose these facts to any potential purchaser since there were prior termite treatment and repairs but whuch have been now corrected.
What is the principle behind the disclosure?The principle of Caveat emperor ensured that there is absolute disclosure between a buyer and seller.
In conclusion, the broker should insist that the seller disclose these facts to any potential purchaser.
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After journalizing and posting the closing entries to the ledger what do all temporary account have.
It should be noted that after journalizing and posting the closing entries to the ledger all temporary account do have their retained earnings up to date.
What is retained earnings?Retained earnings serves a term used in referring to the firm's cumulative net earnings or profit after accounting for dividends.
This earning ate been referred to as the earnings surplus.
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mention four financial options that you may consider to assist yoy to start your own business
Answer:
x²+5x+5(x+5)x²+5x+5x+25x²+5x+5x+25x²+10x25
Revocation of an offer is valid once it is __________________.
A. placed in the mail received by offeree (the person receiving the offer)
B. received by offeror (the person making the offer)
C. created
Revocation of an offer is valid once it is B. received by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.
What is the revocation of an offer?The revocation of an offer is the nullification or canceling of an offer by the offeree. It becomes effective when the offeree communicates to the offeror before acceptance.
Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.
Thus, revocation of an offer is valid once it is B. received by the offeror.
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Revocation of offer is valid once it is received by the offer or that is the person making the offer.
What is Revocation of an offer?Revocation of offer refers to the process of withdrawing former offer use for any form legally binding contract engagement. The former offer would have become legally binding if the other party had formally agreed to the offer.
Once, Revocation of offer has been communicated, it is no longer conferred valid and legal again.It cannot be accepted.
Therefore, Revocation of offer is valid once it is received by the offer or that is the person making the offer
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What are steps in the problem-solution organizational method of organizing persuasive speeches on questions of policy
The steps of the organizational problem-solving method aimed at promoting persuasion on policy issues are:
Explanation of the importance of the problemSuggestion of a practical planDemonstration of a needWhat is the relevance of communication?In a organization, it is essential for information to flow effectively through all organizational systems in order to achieve objectives and goals.
It is essential for the leader to be honest and objective when communicating changes to the stakeholders, explaining the importance, motivations and how the change will be implemented.
Therefore, using the steps for persuasive speeches, the chances of adherence and reduction of resistance are greater, strengthening the organizational culture.
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We are hired as consultants to assist Arctica Co. In accounting for its warranty expenses. Arctica offers a one-year warranty covering parts on each snowmobile it sells. The following Tableau Dashboard is provided to assist us
The table shows that Arctica has understated the warranty liabilities.
What are warranty liabilities?It should be noted that warranty expenses are the cost that a business expects to incur from the replacement of goods.
From the complete question, table shows that Arctica has understated the warranty liabilities. This was illustrated in the table.
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Ray buys a new tractor for $118,000. He receives consumer surplus of $13,000 on his purchase. Ray's willingness to pay is a. $118,000. b. $13,000. c. $131,000. d. $105,000.
According to the given data, Ray's willingness to pay is $131,000. The correct option is (C). Willingness to pay also abbreviated as WTP.
What do you mean by the willingness to pay?The highest amount a consumer is willing to pay for a good or service is known as willingness to pay, or WTP. Usually, it's expressed as a monetary amount or, occasionally, a price range.
After outlining your proposed product or service, ask respondents how much they would be willing to pay for it. Leave the question open-ended so they can enter in any response they like.
Here,
Purchase price of tractor = $118,000
Consumer surplus = $13,000
Calculate the willingness to pay -
Willingness to pay = Purchase price of tractor + Consumer surplus
Willingness to pay = $118,000 + $13,000 = $131,000
Therefore, according to the given data, Ray's willingness to pay is $131,000.
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Mark, the marketing manager of a large U.S. corporation, realizes that Afghanistan has virtually no supply of tomatoes. He conducts a study to see what quantity of tomatoes Afghan customers would be able and willing to buy at different prices. Mark is analyzing Afghanistan's:
By conducting the study on the quantity of tomatoes Afghan customers would be able and willing to buy, Mark is analysing the demand for tomatoes.
What is the demand for a good?
The demand for a good measures the quantity of a good that would be demanded at different prices. Usually, the demand for a good is negatively related to the price of the good. As the price of the good increases, the demand for the good would decline.
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________ requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary.
Feedback loop requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary
What is feedback loop?A feedback loop involves using prior information about an activity or plan to project future happening.
This will require revisiting of plans to ensure operational success.
Therefore, Feedback loop requires a manager to visit an earlier step in the strategic-management process in order to revise actions if necessary
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__________is the name for the doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.
Answer:
Product liability
1) Government regulation like licensing requirements create barriers to entry prevents new
firms from developing and marketing products and services. This is done presumably to ensure
high standards for those industries that require licenses. However, often times it can create a
dearth of individuals allowed to do the job. How stringent should licensing requirements be for
the following groups:
1. Physicians
2. Attorneys
3. Teachers
4. Accountants
5. Architects
6. Taxi drivers
Discuss this with regard to market entry and exit, market power like monopolies and
oligopolies, as well as with regard to complaints that licensing requirements often do not match
the monetary gains of certain professions.
2) Think of an industry that has only a small handful of competitors in the market. How do
these types of organizations maintain market dominance? What risks do the individual firms in
your chosen industry take in an oligopoly dominated industry?
The level of stringency which a government can have for licencing requirements for the aforementioned groups is:
It should be high because the high standards should be maintained as these occupations, with the exception of taxi drivers are absolutely necessary to the social shaping of a community or nation.What are Government Regulations?This refers to the rules and laws which a government of a country places on certain things and areas so that there can be measures of quality.
With this in mind, we can see that in non essential areas that requires low to no skill sets, then the licencing requirements should be made low to encourage more participation, but at the same time, monitoring should be enforced to ensure that they are not acting out of bounds.
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True or False. An advantage of using Gantt charts is that they provide a standard format for displaying planned project schedule information.
Answer:
false
Explanation:
they do not provide a standard format for displaying planned project schedule information.
An arena makes profits of $150,000, $75,000, and $1,250,000 from concerts, circuses, and UFC events, respectively. What are the respective percentages of the total profit? (Round to the nearest percent.)
Answer:
10%, 5%, 85%
Explanation:
[tex]\frac{(1250+75+150)}{100}=14\frac{3}{4}[/tex] This is the amount, in thousands, required to get 1%.
[tex]\frac{1250}{14.75}=84\frac{3}{4}[/tex], therefore this is 85% (approximated)
[tex]\frac{75}{14.75}=5\frac{1}{12}[/tex], therefore this is 5%, and we'll call this number A
[tex]a*2=10\frac{1}{6}[/tex], and this is 10%!
If automakers attempted to change the way justin feels about the price of hybrid vehicles in comparison to the other vehicles he is considering, this would be an example of.
The price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
What is product repositioning?Product repositioning is when a company changes their status in the marketplace. Repositioning happens to fulfill consumer wants and needs at a particular time.
Like changes to the marketing mix including product, price, location, and promotion, repositioning refers to changing the position of product in minds of target market.
Hence, the price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
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When advertisers buy an entire broadcast year's worth of national TV advertising time in order to lock in pricing and get the best time slots, they are taking advantage of ________.
Taking advantage of upfront TV ad prices corresponds to a strategy that advertisers use to buy the right to broadcast advertising on a TV channel to guarantee better prices and the best times for advertising to run.
What are the advantages of advertising on TV?The benefits are related to the fact that a national TV channel is a means of mass communication where it is able to reach a large audience.
Therefore, advertising on TV corresponds to a marketing strategy that generates value, attracts new consumers and increases the positioning and competitiveness of a brand.
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What is the difference between the pre-reservation and installment
Answer:
is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different
The eu has benefited firms in its member nations because.
Answer:
firms do not need to market their products and services on a nation-by-nation basis. The EU has benefited its member nations because firms do not need to market their products and services on a nation-by-nation basis.
Ron wants to start a digital marketing firm. He presents his business plan to Reshmie, who agrees to provide some funds for the new business in exchange for ownership interest or stock. Reshmie is called a(n) ______________
Reshmie is called a shareholder of Ron Digital Marketing firm.
Who is a Shareholder?A shareholder is an individual person, firm, or institution who holds at least one share of a company's equity.
Because shareholders effectively own the firm, they profit from its success. These benefits take the shape of improved stock values or financial earnings given as dividends.
When a firm loses money, the share price lowers automatically, causing shareholders to lose money or incur losses in their holdings.
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