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mel-nik [20]
4 years ago
5

To make effective decisions in​ today's fast-moving​ world, managers need to​ ________.

Business
1 answer:
Llana [10]4 years ago
5 0
They would need to 'know when to call it quits' 
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Which crime is BEST represented by the following situation?
Shtirlitz [24]

Answer:

The answer is C. Money Laundering

Explanation:

Solution

From the question stated it can be described as a crime of money laundering.

Money laundering involves the use of illegally obtained money for legitimate purposes.

In this scenario, Jeff uses $15,000 from his illegal sales of drug paraphernalia for setting up a toy store. The origin of the money, which was obtained through illegal method was hidden.

Robbery and larceny are examples of theft that involves stealing items of value from another person. Embezzlement is also a kind of theft. It involves withholding of items with the intention of theft .

4 0
4 years ago
A small town has 1,000 people, 600 of whom are healthy and 400 of whom are sick. The annual expected medical claims of the healt
Snowcat [4.5K]

Answer:

a. 3,900

Explanation:

We find the probability of healthy persons & the weak out of the total population in the town.

Probability of healthy persons

P(h) = 600/1000

P(h) = 0.6

Probability of weak persons

P(w) = 400/1000

P(w) = 0.4

We find the pay off for both the healthy and the weak, then add up to get the expected value or the minimal annual premium

Expected Value = 0.6*$500 + 0.4*$9000

Expected Value = $300 + $9000

Expected Value = $3,900

So, the annual premium must be at least $3,900.

6 0
4 years ago
Units Produced 20,000
Alexeev081 [22]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Units Produced 20,000

Units Sold 17,000

Unit Sales Price $ 240

Full Manufacturing Cost Per Unit $97

<u>Under the absorption costing method, the fixed manufacturing overhead is part of the product cost.</u>

Income statement:

Sales= (17,000*240)= 4,080,000

Cost of goods sold= (17,000*97)= (1,649,000)

Gross profit= 2,431,000

Variable Selling Expenses=  (71,000)

Fixed General and Administrative Costs= (88,000)

Net operating income= 2,272,000

3 0
4 years ago
Colt Carriage Company offers guided​ horse-drawn carriage rides through historic Charleston comma South Carolina. The carriage b
motikmotik

Answer:

1) Colt Carriage Company

Income Statement

For the month ended April 202x

Revenues:

  • Adults passengers $186,300
  • Children $81,000                      
  • Total revenues                                       $267,300

Variable costs:

  • City fees $26,730
  • Souvenirs $7,425
  • Brokerage fees $11,340
  • Carriage drivers $52,650
  • Total variable costs                                  <u>$98,145</u>

Contribution margin                                        $169,155

Period costs:

  • Depreciation $2,900
  • Horse leases $48,000
  • Marketing expenses $7,350
  • Payroll expenses $7,600
  • Total period costs                                  <u>$65,850</u>

Operating profit                                             $103,305

2) If the total amount of passengers increase by 10%, then all variable costs will increase by 10% except brokerage fees which would increase only by 6%. Revenues should also increase by 10%. Period costs should not change.

Contribution margin should increase by 10.29% and operating profit would increase by 16.81%.

Explanation:

since the information is not complete, I looked it up:

Revenues

13,500 passengers:

8,100 x $23 = $186,300

5,400 x $15 = $81,000

total $267,300

variable costs:

fees paid to the city 10% of total revenue

souvenirs $0.55 per passenger

brokerage fees 60% of total tickets x $1.40

carriage drivers $3.90 per passenger

fixed costs:

depreciation $2,900

horse leases $48,000

marketing expenses $7,350

payroll expenses $7,600

6 0
3 years ago
lotina received an email notice from her university that tuition would be increasing 2.5% for next year, with no changes to fees
amid [387]

The element of the marketing mix that is used in the given scenario is <u>Price</u> as it has to do with an increase in tuition.

<h3>What is Marketing Mix?</h3>

This refers to the tactics that is used by a company to promote its product or brand in the market.

Hence, we can see that The element of the marketing mix that is used in the given scenario is <u>Price</u> as it has to do with an increase in tuition.

Read more about marketing mix here:

brainly.com/question/859394

#SPJ1

6 0
2 years ago
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