5 year career development plan

1.Introduction

2.Kinds of plan

3.Propose of planning

4.Goals & Objectives

5.Strategies

6.Procedures/steps in planning

7.Budgets

Answers

Answer 1

A five-year plan is a list of the objectives you wish to accomplish professionally or personally during the following five years.

What is Career developement ?

It often comprises general objectives that are broken down into action items and milestones in the areas of work, relationships, health, and finances.

Your present employment can help you develop skills for your next job by using the Five-Year Career Plan. The goal of your five-year plan is to support your development, growth, and advancement.

It is very much an individual and personal strategy. Once you have a strategy in place, schedule a meeting with your manager, mentor, family members, or other relevant parties to get their assistance in helping you reach your objectives.

When making goals, always make sure they are SMART (Specific, Measurable, Attainable, Realistic, and Time-bound).

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Related Questions

After reviewing the rhetorical fallacies, can you think of a specific time when you heard a speaker employ one of these fallacies? Which fallacy did they use? Why should you avoid fallacies in your own speeches?

Answers

Answer:

they can be bad because they can / will confuse people especially the public

Suppose that Portugal and Austria both produce beer and cheese. Portugal's opportunity cost of producing a pound of cheese is 3 barrels of beer while Austria's opportunity cost of producing a pound of cheese is 11 barrels of beer.
By comparing the opportunity cost of producing cheese in the two countries, you can tell that_______has a comparative advantage in the production of cheese and _______ has a comparative advantage in the production of beer.
Suppose that Portugal and Austria consider trading cheese and beer with each other. Portugal can gain from specialization and trade as long as it receives more than_______of beer for each pound of cheese it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than _______ of cheese for each barrel of beer it exports to Portugal.
Based on your answer to the last question, which of the following prices of trade (that is, price of cheese in terms of beer) would allow both Austria and Portugal to gain from trade?
A. 4 barrels of beer per pound of cheese
B. 6 barrels of beer per pound of cheese
C. 13 barrels of beer per pound of cheese
D. 2 barrels of beer per pound of cheese

Answers

Answer:

Portugal and Austria

Comparative Advantage in the Production of Beer and Cheese:

1a. Portugal

b. Austria

2. a. 3 barrels and

b. 0.09 or 1/11 pounds

3.  A. 4 barrels of beer per pound of cheese

Explanation:

a) Data and Calculations:

Portugal's opportunity cost of producing a pound of cheese = 3 barrels of beer

Austria's opportunity cost of producing a pound of cheese = 11 barrels of beer

Price of trade (cheese in terms of beer) = 11/3 = 3.667 = 4

b) Portugal's comparative advantage over the production of cheese is her economy's ability to produce cheese at a lower opportunity cost than Austria.  This comparative advantage gives Portugal the ability to sell cheese at a lower price than Austria and realize a more favorable balance of trade.

The gross domestic product (GDP) of the United States is defined as the all in a given year. Based on this definition, which of the following will be included in (that is, directly increase) the GDP of the United States in 2017?
a. Sofaland, a Swedish furniture company, produces a table at a plant in Virginia on December 5, 2017. It sells the table to a college student on December 19, 2017. An accountant starts a client's 2017 tax return on April 14, 2018, finishing it just before midnight on April 15, 2018.
b. Treetopplers, an American lumber company, produces wood at a plant in Oregon on September 5, 2017. It sells the wood to Buildit and Partners, a developer, for use in the production of a new house that will be made in the United States In December.
c. Athleticus, an American shoe company, produces a pair of sneakers at a plant in Vietnam on March 5, 2017. Athleticus imports the pair of sneakers into the United States on May 14, 2017.
d. Zippy car, an American automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 6, 2017. It sells the car at a dealership in Philadelphia on February 18, 2017.

Answers

Explanation:

GDP is defined as the value of all final goods and services that were produced In the US within a given year.

With this in mind,

A. Sofaland would be included in the GDP of the US, since the table was made and sold in the US in 2017.

B. The finished tax return by the accountant would not be included in the GDP as production for 2018 as it is not yet finished.

C. The lumber company treetopplers would not be included as part of the GDP since the production of lumber cannot be regarded as final good.

D. Athleticism"s importation from Vietnam to the US is not part of gdp since it is not domestic production.

E. Zippycar made the car in the us and sold in the US same year. This would be included in gdp of US.

n the following list are a number of well-known companies and the products that they sell. Which of the four types of markets (pure monopoly, oligopoly, monopolistic competition, perfect competition) best characterizes the markets in which they compete? Explain why. a) McDonald's- hamburgers b) ExxonMobil- gas c) Dell- personal computers d) Heinz- ketchup e) Proctor & Gamble- disposable diapers f) Starbucks- gourmet coffee g) Domino’s- pizza h) Intel- computer chip for the PC (p. 381 #9)

Answers

Answer:

Monopolistic Competition is the type of market that characterizes the markets in which the following compete:

a) McDonald's- hamburgers

b) ExxonMobil- gas  

c) Dell- personal computers

d) Heinz- ketchup

e) Procter & Gamble- disposable diapers  

f) Starbucks- gourmet coffee

g) Domino’s- pizza

h) Intel- computer chip for the PC

2. The reason for this choice is that there is no perfect competition in any market.  It remains an ideal.  The products of these firms are not perfect substitutes.  The firms do not have equal market share and control in their respective markets or industry.  Lastly, there is no single producer in any of the markets.

Explanation:

Types of markets:

Pure monopoly = a single producer with no substitute product or service.

Oligopoly = two or more firms in an industry with equal market share and control.

Monopolistic competition = Many firms offering similar products that are not perfect substitutes

Perfect competition = Many firms offering similar products that are perfect substitute.

criminal charges are prosecuted by the party that was wronged true or falsebusiness​

Answers

It’s true

Criminal Law

It’s a crime to make unauthorized and harmful physical contact with another person (battery). In fact, it’s a crime even to threaten such contact (assault). Criminal law prohibits and punishes wrongful conduct, such as assault and battery, murder, robbery, extortion, and fraud. In criminal cases, the plaintiff—the party filing the complaint—is usually a government body acting as a representative of society. The defendant—the party charged in the complaint—may be an individual (such as your roommate) or an organization (such as a business). Criminal punishment includes fines, imprisonment, or both.

Civil Law

Assault and battery may also be a matter of civil law—law governing disputes between private parties (again, individuals or organizations). In civil cases, the plaintiff sues the defendant to obtain compensation for some wrong that the defendant has allegedly done the plaintiff. Thus your roommate may be sued for monetary damages by the homeowner’s neighbor, with whom he made unauthorized and harmful physical contact.

In civil litigation, contract and tort claims are by far the most numerous. The law attempts to adjust for harms done by awarding damages to a successful plaintiff who demonstrates that the defendant was the cause of the plaintiff’s losses. Torts can be intentional torts, negligent torts, or strict liability torts. Employers must be aware that in many circumstances, their employees may create liability in tort.

Assuming that the balance sheet of BG Land Development is as follows:
Assets Liabilities and Capital
Cash $20,000 Accounts payable $80,000
Non-cash assets 200,000 Mitchell, Loan 10,000
Matthews, capital 50,000
Mitchell, capital 66,000
Michaels, capital 14,000
Total assets $220,000 Total Liab. and capital $220,000
Required:
If partners are to receive the final payment in a lump-sum, when BG Land Development is liquidated, Matthews receives $___, Mitchell receives $____, Michaels receives $____.

Answers

Answer:

BG Land Development

If partners are to receive the final payment in a lump-sum, when BG Land Development is liquidated, Matthews receives $_50,000__, Mitchell receives $_66,000___, Michaels receives $__14,000__.

Explanation:

a) Data and Calculations:

Assets Liabilities and Capital

Cash                     $20,000 Accounts payable          $80,000

Non-cash assets  200,000 Mitchell, Loan                    10,000

                                             Matthews, capital            50,000

                                             Mitchell, capital                66,000

                                             Michaels, capital               14,000

Total assets     $220,000   Total Liab. and capital $220,000

Totals assets = $220,000

Total liabilities     (90,000)

Net assets =     $130,000

Partners' capital:

Matthews, capital  50,000

Mitchell, capital     66,000

Michaels, capital    14,000

Total capital =      130,000

b) Each partner is entitled to the ratio of his capital balance or the profit and loss sharing ratio, if any.  The net asset is computed by deducting all the liabilities, including one of the partners' loans, from the total value of realizable assets.  Ordinarily, partners' loans enjoy priority over capital refund during partnership liquidation.

The distance between defects in an automated weaving process at Craft Mills, Inc. is exponentially distributed. On average there are 0.025 defects per foot. Use the random number 0.749 to simulate the distance between two defects.

Answers

Answer:

28.57 ft

Explanation:

On an average there are about : 0.025 defects per foot

using a random number of 0.749 to simulate the distance between two defects is = 28.57 ft

attached below is  a detailed solution of the above problem

Jefferson Company, a commercial painting contractor, uses a normal-costing system to cost each job. Its job-costing system has two direct-cost categories (direct materials and direct labor) and one indirect-cost pool called overhead costs. To each job, Jefferson allocates overhead at a budgeted rate of 80% of direct labor costs.

Jefferson provides the additional information for February:

1. As of February 1, Job A21, the only job in process, had incurred direct material costs of $30,000 and direct labor costs of $50,000.

2. Jobs A22, A23, and A24 were started in February.

3. Direct materials used during February were $150,000.

4. Direct labor costs for February were $120,000.

5. Actual overhead costs for February were $102,000.

6. On February 28, Job A24 was the only job still in process, and it had incurred direct materials costs of $20,000 and direct labor costs of $40,000.

As each job is completed, its cost is transferred to the Cost of Jobs Billed account. Each month, Jefferson closes any under-or over-allocated overhead to Cost of Jobs Billed.

1. Give one example of a direct cost and one example of an overhead cost for a job undertaken by Jefferson Company.

2. Calculate the overhead allocated to Job A21 as of February 1.

3. Calculate the overhead allocated to Job A24 as of February 28.

4. Calculate the under- or overallocated overhead for February.

5. Calculate ending balance of jobs still in process as of February 28.

6. Compute the Cost of Jobs Billed for February.

Answers

Answer:

Jefferson Company

1. An example of a direct cost is the cost of direct raw materials.  An example of an overhead cost is cost of factory repairs and maintenance.

2. The overhead allocated to Job A21 as of February 1 is $40,000.

3. The overhead allocated to Job A24 as of February 28 is $32.000.

4. The under-allocated overhead for February is $6,000

5. The ending balance of jobs still in process as of February 28 is $92,000.

6. The Cost of Jobs Billed for February is $394,000.

Explanation:

a) Data and Calculations:

Budgeted overhead allocation rate = 80% of direct labor costs

Beginning WIP:

Materials                     $30,000

Direct labor                   50,000

Overhead                     40,000 ($50,000 * 80%)

Overhead allocated to Job A21 as of February 1 = $40,000 ($50,000 * 80%)

Overhead allocated to Job A24 as of February 28 = $32,000 ($40,000 * 80%)

Total overhead allocated for February = $96,000 ($120,000 * 80%)

Actual overhead costs incurred = $102,000

Therefore, the under-allocated overhead for February = $6,000

The ending balance of jobs still in process as of February 28 (Job A24) =

Materials costs = $20,000

Labor costs = $40,000

Overhead applied = $32,000

Total costs = $92,000

Cost of Jobs Billed:

Beginning WIP: Cost of Job A21 = $120,000 ($30,000 + 50,000 + 40,000)

Costs incurred during the period:

Cost of Direct Materials                   150,000

Cost of Direct Labor                        120,000

Allocated overhead costs                 96,000

Total costs of production =          $486,000

Less Ending WIP (Job A24) =           92,000

Cost of Jobs Billed for February $394,000

Martin Inc. began construction on a building in 2020 and paying a construction company $600,000 in 2020. Martin also had avoidable interest of $30,000 and actual interest of $100,000 in 2020. Martin financed the construction with a $1,000,000, 10% loan specific to the project. The project was completed on September 30, 2021. Additional expenditures in 2021 were as follows:

Feb. 28 $90,000
Apr. 30 180,000
Jul. 1 36,000
Sept. 30 64,000

Required:
Once completed, how much is capitalized in Martin’s Building account? Show all your work.

Answers

Answer:

$1,000,00

Explanation:

Amount paid to Construction company = $600,000

Additional expenditures in 2021 are Feb 28 = 90,000, Apr. 30 180,000, Jul. 1 = 36,000, Sept. 30 = 64,000. Avoidable interest Cost = 30,000

So, amount to be capitalized in Martin's Building account = $600,000 + $90,000 + $180,000 + $36,000 + $64,000 + $30,000 = $1,000,000

A company owns a 5-year old turret lathe that has a book value of $25,000. The present market value for the lathe is $16,000. The expected decline in market value is $2,000/year to a minimum market value of $4000. maintenance plus operating costs for the lathe equal $4,200/year. A new turret lathe can be purchased for $45,000 and will have an expected life of 8 years. The market value for the turret lathe is expected to equal $45,000(0.70)k at the end of year k. Annual maintenance and operating cost is expected to equal $1,600.

Based on a 12% before-tax MARR, should the old lathe be replaced now? Use an equivalent uniform annual cost comparison, a planning horizon of 7 years, and the cash flow approach.

Answers

Answer:

old lathe should not be replaced now

Explanation:

Using MARR of 12%

Price decline of 2000 per year ; salvage value = (present market value - does cline per year)

Present market value of old lathe = $16000

Opening market value at year end = (16000 * 1.12) = 17920

Add: Maintainace plus operating cost = $4200 / year

Salvage value = 16000 - 2000 = 14000

Annual cost : (Opening market value + operating cost - salvage value)

Annual cost :

Year 1 = (17920 + 4200 - 14000) = 8120

Year 2:

Opening market value at year end = (14000 * 1.12) = 15680

Salvage value = (14000 - 2000) = 12000

Annual cost :

Year 1 = (15680 + 4200 - 12000) = 7880

Year 3:

Opening market value at year end = (12000 * 1.12) = 13440

Salvage value = (12000 - 2000) = 10000

Annual cost :

Year 1 = (13440 + 4200 - 10000) = 7640

Year 4:

Opening market value at year end = (10000 * 1.12) = 11200

Salvage value = (10000 - 2000) = 8000

Annual cost :

Year 1 = (11200 + 4200 - 8000) = 7400

New machine :

Opening market value of year end = (45000 * 1.12) = 50,400

Add : Maintenance plus Operating expense = $1600

Salvage value = 45000 * 0.7 = 31500

Annual cost :

50400 + 1600 - 31500

= 20500

New machine has a far greater annual cost thb the old, hence the old machine should still be used for now.

Your company is evaluating four locations in South America for its new manufacturing center. The ratings for each location are provided below using a rating system of 1 (least desirable) to 100 (most desirable) to evaluate each factor. Factor Weight Rating Scale (1-100) Brazil Chile Paraguay Bolivia Market Size 0.25 95 60 50 35 Future demand 0.25 90 70 50 35 Incentives 0.20 80 80 70 60 Per capita income 0.15 70 80 40 40 Political risk 0.05 70 90 70 70 Exchange rate 0.05 80 80 40 40 Labor climate 0.05 90 70 70 75 Using only the results of a multi-criteria analysis, which location should you recommend

Answers

Is it asking which one is best that we would recommend?

A partial listing of costs incurred at Archut Corporation during September appears below: Direct materials $ 113,000 Utilities, factory $ 5,000 Administrative salaries $ 81,000 Indirect labor $ 25,000 Sales commissions $ 48,000 Depreciation of production equipment $ 20,000 Depreciation of administrative equipment $ 30,000 Direct labor $ 129,000 Advertising $ 135,000 The total of the manufacturing overhead costs listed above for September is: Multiple Choice $292,000 $50,000 $586,000 $30,000 PrevQuestion 7 of 10 Total7 of 10Visit question mapNext

Answers

Answer: $50,000

Explanation:

Manufacturing overhead are the costs that are indirectly related to production.

In this scenario those costs are:

Utilities, Factory, Indirect labor and Depreciation of production equipment.

= 5,000 + 25,000 + 20,000

= $50,000

In 2004 a California woman named Lisa Torti was in a vehicle with her friend Alexandra Van Horn when they were involved in a car accident that was not their fault. Lisa, upon seeing what she thought was smoke, grabbed Alexandra and quickly pulled her out of the vehicle and away from danger. Alexandra had a severe spinal injury and later sued Lisa for moving her away from the smoking vehicle (and thereby causing more spinal injury).

Many states have laws that prevent bringing lawsuits against a "good samaritan" who is attempting to help you. However, in 2008 a California court ruled 4-3 that Alexandra’s lawsuit against Lisa was justified and could continue.

Assuming Lisa was in fact negligent in moving her friend from the vehicle, discuss your opinion on whether cases like this should be allowed to be brought. Under what circumstances should a "good samaritan" be allowed to be sued?

Explain your answer in 2 or more paragraphs. Then review a few of your classmates posts and give a substantive response to one of them with a paragraph.

Answers

The correct answer to this open question is the following.

This case is complex because the "good samaritan" is always doing things trying to help and under these circumstances such as danger or accident, tje individual is under so much stress, nervousness, and fear. So more than thinking, he/she is reacting.

And that is what Lisa did when she saw smoke in the car. She thought that her friend could be in danger or great risk and her first reaction -not thinking- was to move her and keep her out of the danger zone.

Assuming Lisa was in fact negligent in moving her friend from the vehicle, the trial should proceed but it is difficult to demonstrate in court the real intentions of the "good samaritan."

The circumstances in which a "good samaritan" should be allowed to be sued is when there is clear evidence that he/she acted on purpose, trying to inflict pain or damage to the other person.

Lisa Torti was sued by her friend Alexandra Van Horn, after a car accident in 2004. The California court concluded that there was no medical reason to pull Alexandra out of the car, causing her vertebral damage.  

A corporate culture is generally defined as the

Answers

Answer:

inner rites, rituals, heroes, and values of a firm. one's duty to do a job or perform a task is called.

Explanation:

A corporate culture is the shared values, beliefs, attitudes, and behaviors that exist within a company or organization.

Corporate culture is shaped by various factors, including the company's mission, vision, and core values, as well as its history, leadership style, and the behaviors exhibited by top management. It can also be influenced by the industry in which the organization operates, geographical location, and the composition of its workforce.

A positive corporate culture promotes teamwork, innovation, open communication, and a healthy work-life balance. On the other hand, a negative or toxic culture can lead to low morale, high turnover, and hinder the organization's overall success.

In conclusion, a corporate culture is the collective values, beliefs, attitudes, and behaviors that define an organization's identity and shape the working environment. It has a significant impact on employee engagement, productivity, and the overall success of the company.

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(a) Explain the quantity theory and
(b) how does the theory explains the cause of inflation​

Answers

The quantity theory is a framework to understand price changes in relation to the supply of money in an economy.

It assumes an increase in money supply creates inflation and vice versa.

It is generally recognized that the spending habits of individuals changes over their lives. In general, young adults tend to spend__________ than they earn, while older adults tend to spend_________. To accommodate their spending habits, young adults tend to rely on funds raised from__________. Retired adults, in contrast, tend to rely on_________ to cover the frequent shortage between their current expenditures and their current incomes.

Answers

Answer:

1. more

2. less

3. borrowing

4. past savings

Explanation:

It is generally recognized that the spending habits of individuals changes over their lives. In general, young adults tend to spend more than they earn, while older adults tend to spend less. To accommodate their spending habits, young adults tend to rely on funds raised from borrowing . Retired adults, in contrast, tend to rely on past savings to cover the frequent shortage between their current expenditures and their current incomes.

Membership in the Cape Fear Health Club has been recorded for the past nine years. Management wants to determine the trend of membership in order to project future space needs. This estimate would help the club determine whether a future expansion will be needed. Given the following time series data, develop a regression equation relating memberships to years. Based on your regression equation, what is your forecast for 2020 memberships? Memberships are in hundreds.
Year > 2011 2012 2013 2014 2015 2016 2017 2018 2019
#'s > 11 13 15 17 16 18 20 19 23
a. 22.b. 24.6.c. 23.3.d. 11.e. 25.9.

Answers

Answer:

c). 23.3

Explanation:

Period   Demand      X       Y       XY        [tex]$X^2$[/tex]

1                11               1        11       11           1

2               13              2       13      26         4

3               15              3       15      45         9

4               17              4        17      68        16

5               16             5        16       80       25

6               18             6        18       108      36

7               20            7         20     140      49

8              19              8         19      152     64

9               23            9         23      207    81

∑                              45        152    837    285

Intercept[tex]$(B_0) = \Sigma Y \times \Sigma X^2 - \Sigma X \times \frac{\Sigma XY}{(N\times \Sigma X^2 - \Sigma X^2)} $[/tex]

Intercept [tex]$= (152\times 285)-\frac{45 \times 837}{(9 \times 285)-45^2}$[/tex]

              = 10.47

Slope [tex]$(B_1)= ((N\times \Sigma XY) - (\Sigma X \times \Sigma Y)-(N \times \SIgma X^2 - \Sigma X^2)$[/tex]

Slope   [tex]$=((9\times837)-\frac{(45 \times 152)}{(9 \times 285)-45^2} $[/tex]

          = 1.28

Therefore, the equation is

Y = intercept + slope(X)

[tex]$Y=10.47 + (1.25 \times X)$[/tex]

For [tex]$X=10$[/tex] forecast [tex]$= 10.47 + (1.28 \times 10)$[/tex]

                                 = 23.27 or 23.3

                                               

Ryan Corporation manufactures auto steering systems. Cost estimates for one unit of the product for the year follow:
Direct materials $200
Direct labor ($12/hour) $300
Machine hours 20
This product requires 15 hours of direct labor in Department A and 10 hours in Department B. Also, it requires 5 machine hours in Department A and 15 machine hours in Department B.
The factory overhead costs estimated in these two departments follow:
Variable cost Fixed cost
A $ 150,000 94,000
B $ 80,000 163,000

Management expects the firm to produce 1,000 units during the year.
Required
1. Assume that factory overhead was applied on the basis of direct labor hours. Compute the predetermined plantwide factory overhead rate.
2. If factory overhead were applied on the basis of machine hours, what would be the plantwide overhead rate?
3. If the company produced 1,000 units during the year, what was the total amount of applied factory over-head in each department in requirements 1 and 2?
4. If you were asked to evaluate the performance of each department manager, which allocation basis (cost driver) would you use? Why?
5. Compute the departmental overhead rate and amount of applied overhead for Department A using direct labor hours as the allocation base and for Department B using machine hours as the allocation base.

Answers

1) The predetermined plantwide factory overhead rate based on direct labor hours is $10.28.

2) The predetermined plantwide factory overhead rate based on machine hours = $12.85 ($257,000/20,000)

3) The total applied factory overhead:

                           Department A    Department B    Total

Requirement 1        $154,200            $102,800    $257,000

Requirement 2          64,250               192,750      257,000

4. The allocation basis for Department A should be direct labor hours.  The department is more labor-intensive.  The allocation basis for Department B should be machine hours as it is more machine-intensive.

5) The computation of the departmental overhead rate and amount of applied overhead for Department A using direct labor hours as the allocation base and for Department B using machine hours as the allocation base is as follows:

                                          Department A    Department B

Direct labor hours                       15,000                        

Machine hours                                                       15,000

Fixed factory overheads         $94,000           $163,000

Departmental overhead rate  $6.27                    $10.87 ($163,000/15,000)

Applied Overhead                  $154,200          $192,750

                                       ($10.28 x 15,000)    ($12.85 x 15,000)

Data and Calculations:

Cost of One Unit:

Direct materials $200

Direct labor ($12/hour) $300

Direct labor hour per unit = 25 hours ($300/$12)

Total direct labor hours = 25,000 (25 x 1,000)

Total machine hours = 20,000 (20 x 1,000)

                                          Department A    Department B    Total

Direct labor hours                      15                        10                 25

Machine hours                            5                        15                  20

Variable factory overheads $150,000           $80,000    $230,000

Fixed factory overheads         94,000            163,000       257,000

Total annual production units = 1,000 units

1) Predetermined plantwide factory overhead rate based on direct labor hours = $10.28 ($257,000/25,000)

2) Predetermined plantwide factory overhead rate based on machine hours = $12.85 ($257,000/20,000)

3) Total applied factory overhead:

                                          Department A    Department B    Total

Direct labor hours                 $154,200            $102,800    $257,000

Machine hours                          64,250              192,750       257,000

5) Departmental Overhead Rate and Applied Overhead:

                                          Department A    Department B

Direct labor hours                       15,000                        

Machine hours                                                       15,000

Fixed factory overheads         $94,000           $163,000

Departmental overhead rate  $6.27                    $10.87 ($163,000/15,000)

Applied Overhead                  $154,200          $192,750

                                       ($10.28 x 15,000)    ($12.85 x 15,000)

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A Herfindahl-Hirschman Index is calculated by
A. summing the advertising expenditures of the firms that want to merge by total industry advertising expenditures.
B. summing the amount of sales by the four largest firms and dividing by total industry sales.
C. dividing the number of firms wanting to merge by the total number in the industry.
D. summing the squares of the market shares of each firm in the industry.

Answers

Answer:

Option D: Summing the squares of the market shares of each firm in the industry.

Explanation:

The Herfindahl-Hirschman index (HHI) is a use worldwide as measure of market concentration. It's calculation is based on squaring the market share of each firm competing in a market, and thereafter the resulting numbers are summed up. It commonly range known is simply from zero to 10,000. It is used by U.S. Department of Justice uses for potential mergers issues evaluation. It is a measure of industry concentration by the sum of the squares of the market shares held by each of the firms in the industry.

The Herfindahl index shows a decrease in competition and an increase of market power, when there is an increase and decreases is the opposite.

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. Good2012 Price2012 Quantity2013 Price2013 Quantity A$2.00 500$2.50600 B$4.001,000$5.00900 C$2.00 200$1.00300 What was the real gross domestic product (GDP) in 2013

Answers

Answer:

$5400

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.

($2 x 600) + ($4 x 900) + ($2 x 300) = $5400

Stupendous Productions, Inc. again this year want to put on its Rock-and-Roll Revival, a two-week fesitval with some of the greatest acts in the music industry, on your land. You are not sure you want to allow Stupendous Productions, Inc. to put on the festival. Stupendous is threatening legal action. What should Stupendous ask the Court to find?A. A prescriptive easementB. An implied license base upon prior useC. Breach of contractD. None of the above

Answers

Answer:

A. A prescriptive easement

Explanation:

A prescriptive easement is defined as the right of a person to use another person's property for a legally defined period of time.

This does not confer ownership to the user only the right to use the land.

In the given scenario Stupendous Productions, Inc. again this year want to put on its Rock-and-Roll Revival, a two-week fesitval with some of the greatest acts in the music industry, on your land.

Since they had used the land before, in court they can ask for a prescriptive easement to use the land for the concert

Jeremiah expressed his disdain for the economic reports he heard on the news. "All economists care about is increasing GDP," he said. "I wish economists cared about living conditions and well-being instead of just some economic indicator." How could you acknowledge the shortcomings of GDP to Jeremiah, while also showing him how GDP functions as both an economic indicator and a measure of well-being? While it is true that GDP calculations omit such things as and , it is still a useful way to measure .

Answers

Answer: the value as opposed to the price of an item; environmental degradation; total output and income.

Explanation:

While it is true that GDP calculations omit such things as the value as opposed to the price of an item and environmental degradation, it is still a useful way to measure total output and income.

Gross Domestic Product is a means of measuring economic performance over a given period(usually a year). It works by adding up the final value of the goods and services produced in a country in that given period and thus can show the total output and income in a country.

Sadly however, it has some shortcomings. One of those is that it uses the prices of goods not their actual value. Another is that it does not take into account important factors such as environmental degradation which if added, would reduce GDP because the environment on average suffers negatively from production.

How do you make people interested in your business?

Answers

Identify Your Ideal Client. It's easier to look for customers if you know the type of consumers you seek.

Discover Where Your Customer Lives.

Know Your Business Inside and Out.

Position Yourself as the Answer.

Try Direct Response Marketing.

Build Partnerships.

Follow Up.

Attract New Customers Using Social Media. Optimizing your social media accounts takes very little time to do and can significantly increase your reach.

Improve Website SEO.

Engage with Loyal Customers.

Collaborate with Local Business Partners.

Social Media Giveaways.

Explanation:

Ask for referralsNetworkoffer discounts and incentive for new customers onlyRe- contact old customersImprove your websitepartners with complementary businesspromote your expertiseuse online reviews to your advantage

How can lean operations be applied in the service industry?

Answers

Answer:

GG kid

Explanation:

i dont know

Thoughts about how eren is acting in attack on titan? Is he the villain or the hero? Also if he touches hangi again I am gonna scream !!!!

Answers

Answer:

I would say he is the hero with a possible dark side i can't really say cause i haven't watched a lot but he definitely has a lot going on

Explanation:

Answer:

I have mixed feelings

ATTACK ON TITAN SPOILER WARNING

I dont really agree with what he is doing, he used to protect his friends at all costs and dint want Armin and Mikasa to join the scouts because he did not want them to get hurt or die. He tried his best to make sure his friends were safe in seasons 1-3, but now he puts them in harm's way just to succeed with his plan. Sasha has to pay the price of Eren's recklessness, and all of the scouts are starting to doubt Eren. I feel like Eren has lost himself in the process of trying to gain freedom. I still love Eren, but I don't compeletly agree with him. That man just needs a hug. He's tired of this war.

According to economists, all humans have their own "rational self-interest." What does this mean?

A.) They want to help others rather than help themselves.
B.) They will only make rational and logical decisions about purchases.
C.) They want to benefit themselves as much as possible.
D.) They will only make a purchase if it is involving their top three interests.

Answers

C, “Self interest”....

They want to benefit themselves as much as possible.

The following transactions apply to Pecan Co. for 2018, its first year of operations:1. Received $100,000 cash in exchange for issuance of common stock.2. Secured a $300,000 five-year installment loan from State Bank. The interest rate is 5 percent and annual payments are $69,292.3. Purchased land for $100,0004. Provided services for $260,000.5. Paid other operating expenses of $150,000.6. Paid the annual payment on the loan. Round answers to nearest whole dollar.Required:a. Organize the transaction data in accounts under an accounting equation.b. Prepare an income statement and balance sheet for 2018.c. What is the interest expense for 2019? 2020?

Answers

Answer:

Pecan Co.

a. Accounting equation: Assets = Liabilities + Equity

Assets: Cash ($100,000 + 300,000 - 100,000 - 150,000 - 69,292) + Land ($100,000) + Accounts Receivable ($260,000) = Liabilities: Bank Loan ($245,708) + Equity: Common stock ($100,000) + Retained Earnings ($260,000 - 150,000 - 15,000)

b1: Income Statement

Service Revenue       $260,000

Operating expenses    150,000

Interest expense            15,000

Net income                  $95,000

Balance Sheet

Cash                                 $80,708

Accounts Receivable      260,000

Land                                 100,000

Total assets                  $440,708

Bank Loan                    $245,708

Common stock               100,000

Net income                      95,000

Total liabilities+equity $440,708

b2. The interest expense for 2019 is $15,000 ($300,000 * 5%)

The interest expense for 2020 is $12,285.40 ($300,000 +15,000 - 69,292) * 5%.

Explanation:

a) Data and Calculations:

Cash $100,000 + 300,000 - 100,000 - 150,000 - 69,292 = $80,708

Accounts Receivable $260,000

Land $100,000

Common stock $100,000

Bank Loan $300,000 + 15,000 - 69,292 = $245,708

Service Revenue $260,000

Operating expenses $150,000

Amortization Schedule, using an online financial calculator:

Beginning  Interest              Principal Ending

           Balance                                                       Balance

1 $300,000.00 $15,000.00 $54,292.44 $245,707.56

2 $245,707.56 $12,285.38 $57,007.06 $188,700.50

3 $188,700.50 $9,435.02 $59,857.41 $128,843.08

4 $128,843.08 $6,442.15 $62,850.29 $65,992.80

5 $65,992.80 $3,299.64 $65,992.80 $0.0

Direct Materials Variances Bellingham Company produces a product that requires 16 standard pounds per unit. The standard price is $9 per pound. If 2,400 units required 39,600 pounds, which were purchased at $8.64 per pound, what is the direct materials (a) price variance, (b) quantity variance, and (c) total direct materials cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Answers

Answer:

Results are below.

Explanation:

To calculate the direct material price and quantity variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (9 - 8.64)*39,600

Direct material price variance= $14,256 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2,400*16 - 39,600)*9

Direct material quantity variance= -$10,800 unfavorable

Total variance= 14,256 - 10,800

Total variance= $3,456 favorable

Which are included in a customer profile?

Select all that apply.

A.)social media messages
B.)socioeconomic status
C.)promotions and prices
D.)attitudinal and behavioral details
E.)marketing strategies
F.)demographic information

Answers

Hey there!

I would say the answers are B, C, F

The others do not seem like something that would be in a customer profile.

Hope it helps and have a great day!

The organizational structure is sometimes used in conjunction with the traditional line-and-staff structure.
A. functional
B. product
C. process
D. matrix​

Answers

Option A functional.
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