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nignag [31]
3 years ago
10

You operate a small catering firm specializing in sit-down dinner parties that you prepare and serve yourself with no helpers. A

client of yours loves your food so much that she has asked you to cater her daughter's wedding reception for 300 people, to be held in her back yard. It's your first chance at a big event and you're not really set up for it. You don't have the equipment, you don't have the staff, and you don't have the connections to musicians; however, you're tempted. What would be your wisest decision?
    
  A. Turn the job down; however, give the client the name of a high-quality catering firm that can meet her needs.
  B. Agree to make the food if the client will subcontract all the other services herself.
  C. Accept the job and use this chance to make all the contacts you need to expand your business.
  D. Turn down the job, explaining why you can't do it, and wish her luck finding someone else.
 
Business
1 answer:
Greeley [361]3 years ago
7 0
Well I would say B because the passage states that she doesn't have the staff and so on and so forth. But it didn't say that she couldn't cook it so I would cook it but make her subcontract the rest.
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frozen [14]

Answer:

The right option is option C. Team selling

Explanation:

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4 0
3 years ago
Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15
kondaur [170]

Answer:

Differential cost= $9.25

Differential revenue= $16

Explanation:

As the name suggest, differential cost is the difference between the costs of two alternative options. Now in this question, Patridge Co. has two products, PJ AND PD, <em>one of which (i.e PD) can be produced by further processing an already produced product (i.e PJ). But for the production of product D, Patridge Co. would have to incur additional cost of $9.25 per pound. </em>

The formula for differential cost is as follows;

Differential cost= total cost of alternative J - total cost of alternative D

Differential cost= $15.75 - ($15.75+$9.25)

Differential cost= $9.25

Differential revenue is similarly the difference between the revenue generated by two alternatives. In this question product J sells for $21 whereas product D sells for $37 so the differential revenue would be as follows:

Differential revenue = revenue of alternative D - revenue of alternative J

Differential revenue= $37 - $21

Differential revenue= $16

7 0
3 years ago
Heidi owns 400 shares of Boyd Enterprises stock, which is valued at $17 a share. Boyd Enterprises just declared a 10 percent sto
Leno4ka [110]

Answer:

After stock dividend, Heidi will own 440 shares at a price of $15.45 per share.

Explanation:

Heidi owns 400 shares.

The price of these shares is $17/per share.

The firm announces a 10% stock dividend.

The number of shares owned after dividend

=Current shares+10% of current shares

=400+10% of 400

=400+40 shares

=440 shares

Price per share after dividend

=Current value of shares/ number of shares after stock dividend

=\frac{400*17}{440}

=\frac{6800}{440}

=$15.45

4 0
3 years ago
Which one of the following is a primary market transaction?
Lorico [155]
<h2>Correct answer: A dealer buying newly-issued shares of stock from a corporation.</h2>
5 0
3 years ago
A bond has a face value of $1,000. It has a maturity of 20 years and a coupon rate of 9%. The bond pays interest semiannually. T
PolarNik [594]

Answer:

After tax cost of bond= 7%

Explanation:

In order to find the after tax cost of bond we need to know its pre tax cost of debt. The yield on a bond is its pre tax cost. In this question we are already given the yield which is 10%. This means that the pre tax cost of debt is 10%. Now in order to find the after tax cost of debt we will multiply the pre tax cost of debt by (1-tax Rate)

After tax cost of bond= 0.1*(1-0.3)= 0.07= 7%

6 0
3 years ago
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