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In-s [12.5K]
3 years ago
12

Which of these statements defines the term resources?

Business
2 answers:
sineoko [7]3 years ago
8 0
The correct answer to that question would be A. Materials that help you acheive goals.
Arte-miy333 [17]3 years ago
4 0

Answer: The answer is A: materials that help you achieve your goals.

Explanation:

Resources are productive factor which make a person or an individual to achieve desired result or outcome. It is also a source from which benefit is generated. The factors of production are the basic resources which are: land, capital, labour and entrepreneurship. These factors of production are what build the economy.

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"The risk-free rate of return is 4 percent, and the market return is 10 percent. The betas of Stocks A, B, C, D, and E are 0.85,
Leno4ka [110]

Answer:

Capm= RF+B(RM-RF)

Capm required return Stock A= 0.04+(0.85*0.06)=0.091=9.1%

9.1% is more than the expected 8 percent return which means that the investor should not buy this security as expected return is less than required return

Capm required return Stock B=0.04+(0.95*0.06)=0.097=9.7%

9.7%  is more than the expected 9 percent return which means that the investor should not buy this security as expected return is less than required return

Capm required return Stock C=0.04+(1.2*0.06)=0.112=11.2%

11.2 percent is more than the expected 10 percent return which means that the investor should not buy this security as expected return is less than required return

Capm required return Stock D=0.04+(1.35*0.06)=0.121=12.1%

12.1% is less than the 14 percent expected return which means that the investor should buy this security as expected return is more than required return.

Capm required return Stock E=0.04+(0.5*0.06)=0.07=7%

7 percent is more than the expected 6 percent return which means that the investor should not buy this security as expected return is less than required return

Explanation:

5 0
3 years ago
Cain Components manufactures and distributes various plumbing products used in homes and other buildings. Over time, the product
Alina [70]

Solution :

                                                       Standard               Deluxe          Total

Total cost of direct material           245000               155000        400000

Total cost of direct labor                650000               250000       900000

Total machine hours                       150000                100000       250000

Total setups                                         75                        125             200

Total material pounds                     18000                  9000            27000

Total direct hours of labor               6000                   3750             9750

No. of units shipped                       20000                    5000            25000

a). Cost drivers rates :

Receiving                               150                    Percentage of materials(dollars)  

                                    $\left(600000 \times \frac{100}{400000}\right)$

Manufacturing                        13.20                Per machine hour

                                              $\frac{3300000}{250000}$

Engineering                          11000                  Per set up

                                              $\frac{2200000}{200}$

Machine set up                        4500                per set up

                                               $\frac{900000}{200}$

Shipping                                     40                   per unit

                                             $\frac{1000000}{25000}$

b). Units product cost

                                         Standard                                      Deluxe

Direct cost                        895000                                      405000

                                (245000+650000)                      (155000+250000)  

Overhead :

Receiving                         367500                                       232500

                                  (245000 x 150%)                         (155000 x 150%)

Manufacturing                1980000                                      1320000

                                   (150000 x 13.2)                             (100000 x 13.2)

Engineering                    825000                                         1375000

                                    (75 x 11000)                                   (125 x 11000)

Machine set up              337500                                           562500

                                     (75 x 4500)                                     (125 x 4500)

Shipping                         800000                                             200000

                                      (20000 x 40)                                   (5000 x 40)

Total costs                   5205000                                             4095000

No of units                     20000                                                5000

Unit cost                       260.25                                                   819

                               (5205000/20000)                               (4095000/5000)

7 0
2 years ago
Which of the following industries is most likely to exhibit the characteristic of free entry? a. nuclear power b. municipal wate
gogolik [260]

Answer:

c. dairy farming

Explanation:

Free entry can be defined as the situation in which business firms such as sellers of goods or service providers can enter into the market freely and start selling to consumers.

This ultimately implies that, there are no legal barriers or just a minimum barrier, if any for new firms starting the same business as others.

Hence, dairy farming is the industry which is most likely to exhibit the characteristic of free entry.

A diary farming is one of such industries that allows new agents to come into the business without any barrier because it simply involves the production of essential commodities such as milk, beef etc which are usually required on a large scale in an economy.

7 0
3 years ago
___________ income is the amount that is used to calculate how much tax you owe.
snow_tiger [21]

Answer:

<em>Taxable Income</em> is the amount that is used to calculate how much tax you owe.

8 0
3 years ago
Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead c
leva [86]

Answer:

1. $3,380

2. $2,175

Explanation:

Part 1

Predetermined overhead rate = Total Overheads for the Company ÷ Total  Direct labor-hours for the Company

                                                  =  $ 15,080,000 ÷ 232,000

                                                  = $65

Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) =  $3,380

Part 2

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,250,000 ÷ 145,000

                                                  = $50

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,830,000 ÷ 290,000

                                                  = $27

Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175

3 0
3 years ago
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