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Arte-miy333 [17]
3 years ago
11

One of your friends states that “operations management and supply chain management are primarily of interest to manufacturing fi

rms.” Is this true or false? Give some examples to support your answer
Business
1 answer:
Ghella [55]3 years ago
8 0

This is not true. Just because it talks about operations and supply chain, it does not mean that non-manufacturing industries are not involved. Any business with an operating system has an operations department. The supply chain will depend on the type of services or goods offered. For example, an environmental services consultancy firm is not a manufacturing company. However, it has an operations department to oversee the schedule of sampling personnel for monitoring activities. Moreover, supply chain may refer to the business development department, which is primarily concerned of acquiring more clients to give their services. In addition, equipment must also be supplied so monitoring could be possible.

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The college student loan burden is second only to mortgages in consumer debt in the United States. The government estimates that
Reika [66]

Answer:

Explanation:

The college student loan burden is second only to mortgages in consumer debt In the United States. The government estimates that some 41 million students together owe more than $1.2 trillion. In North Carolina, what is the relationship between student loan debt and the tuition/fees that the students pay? After obtaining data for 14 four-year universities in the State University System of North Carolina (data for Elizabeth City State University and Winston Salem State University were not available), suppose we assume a simple linear modelyi= β0+ β1xi+ εito describe this relationship, where xi is the academic year tuition/fees at school In i

and yi is the average student loan debt of graduates of school i, i = 1, ..., 14. Shown below are summary statistics for the 14 schools.

NB: please check the attached document for complete work.

4 0
3 years ago
Gillie, Taft, and Dall are partners in an accounting firm. The partnership agreement is silent about the payment of salaries and
devlian [24]

Answer:

Explanation:

The partnership agreement is silent about the payment of salaries and the division of profits and losses.

Profits should be divided based on capital invested by each

The capital investment by Gillie, Taft and Dall is 60000 : 120000 : 60000 Distribution has to be in ratio of 1:2:1

Total profits are 120,000, 1:2:1 ratio

The distribution will be Gillie $30,000, Taft $60,000 and Dall $30,000.

3 0
3 years ago
Read 2 more answers
Suppose that the spot price of the euro is currently $1.30. The 1-year futures price is $1.35. Is the interest rate higher in th
valkas [14]

Answer:

The interest rate is higher in the US.

Explanation:

The forward price is calculated using the following formula,

F= S ( 1+Rd / 1+Rf)^t

where,

  • F = Forward rate
  • S = Spot rate
  • Rd = Nominal interest rate in domestic market
  • Rf = Nominal interest rate in foreign market
  • t = time in years

We consider that the domestic market is the US and the domestic currency is the USD. Thus, it is a direct quote where 1 EUR = 1.3 USD

The forward price ER is more than the Sport ER only when the interest rate in domestic market is more than the interest rate in foreign market and as a result, the value of domestic currency against a foreign currency in the forward market depreciates.

We can see this by the following example,

Say Spot rate is $1.3 per 1 EUR and the interest rate in US is 10% while that in Euro zone is 5%. When we calculate the forward ER we will see that 1 EUR will buy us more USD in forward (more than 1.3 USD)

F= 1.3 * (1.1 / 1.05)^1   => $1.362 PER 1EUR

3 0
3 years ago
Mark or Make is a bourbon distillery. Sales have been steady for the past three years, and operating costs have remained unchang
schepotkina [342]

Answer:

a. No allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                                 0                0               0

Revenue after Rent paid           140,000   139,000    141,000

Less: Corporate Taxes at 30% <u>42,000         41,700        42,300</u>

Net Income                               <u>$98,000    $97,300    $98,700</u>

<u></u>

Considerations for No Allocation

- Taxes are to be deducted from Gross Profit.

- Rent not to be deducted from Gross Profit.

b. Comprehensive Allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                            <u>60,000</u>    <u>60,000</u>       <u>60,000</u>

Revenue after Rent paid           80,000    79,000        81,000

Less: Corporate Taxes at 30%  <u>24,000</u>    <u>23,700</u>       <u>24,300</u>

Net Income                                 <u>56,000</u>    <u>55,300</u>       <u>56,700</u>

Considerations for Comprehensive Allocation

- Taxes are to be deducted from Gross Profit.

- Rent is to be deducted from Gross Profit.

c. No allocation distorts Mark or Make’s Net Income for all three years. This is because if Rent is not allocated taxes will be calculated on Gross Revenue. That is to say, Rent is a Non-Operating Expense and hence is to be deducted from Revenue to Calculate the Taxes. When Revenue is reduced, obviously, the taxes will be reduced. Hence, less income is seen in Comprehensive Income Statement and more Revenue is seen in Simple - Non Comprehensive Statement.

4 0
3 years ago
If the economy starts below full employment, an expansionary fiscal policy will shift the aggregate demand curve from _____ to _
MrRissso [65]

The expansionary fiscal policy will shift the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

<h3>What is the below full employment?</h3>

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

Read more about aggregate demand

<em>brainly.com/question/1490249</em>

7 0
2 years ago
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