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3 years ago

B) Answer the following questions.

Business

1 answer:

lana [24]3 years ago

6 0

Answer:

Yes, agree, business transactions are economic transactions. Two reasons why:

Profit motive: economic transactions have a profit motive: they are carried out and agreed upon between the two parties, because the parties feel that they will be better off after the transaction is completed. Business transactions are based on the profit motive.
Things of value: goods and/or services, are exchanged between the parties. In business transactions, either a good (for example, an asset), or a service (for example, employees), is always exchanged.

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Suppose that two factors have been identified for the U.S. economy: the growth rate of industrial production, IP, and the inflat

DENIUS [597]

Answer:

23.3%

Explanation:

Expected return refers to the anticipated profit or loss of financial investment. Essentially, it's the value of the return that investors anticipate. We can find the expected return by using the formula given below

Δ IR = 5-5% - 2% = 3.5%

Δ IP = 6% - 4% = 2%

Formula

Expected return = Expectedreturn(previous year) + (betaIP x Δ IP) + (betaIR x Δ IR)

Expected return = 12% + (2.5 x 2%) + (1.8 x 3.5%)

Expected return = 23.3%

5 0

3 years ago

Chubbs Inc.’s manufacturing overhead budget for the first quarter of 2017 contained the following data.

r-ruslan [8.4K]

Explanation:

a. Manufacturing overhead Flexible budget report

Budget Actual Favorable (Unfavorable)

Variable cost

Indirect material $11,100 $14,900 $3,800 U

Indirect labor $11,000 $9,600 $1,400 F

Utilities $7,700 $9,100 $1,400 U

Maintenance $5,500 $4,800 $700 F

Total Variable cost $35,300 $38,400 $3,100 U

Fixed expenses

Supervisory Salary $36,700 $36,700 0

Depreciation $6,100 $6,100 0

Property, taxes $7,400 $8,500 $1,100 U

Maintenance $4,900 $4,900 0 U

Total fixed expense $55,100 $56,200 $1,100 U

Total controllable

cost $90,400 $94,600 $4,200 U

b. Manufacturing overhead Responsibility report

Controllable cost Budget Actual Favorable (Unfavorable)

Indirect material $11,100 $14,900 $3,800 U

Indirect labor $11,000 $9,600 $1,400 F

Utilities $7,700 $9,100 $1,400 U

Maintenance $10,400 $9,700 $700 F

Supervisory salaries$36,700 $36,700 0

Total $76,900 $80,000 $3,100 U

8 0

3 years ago

The tendency or potential for plasticity is greatest in

nadya68 [22]

Answer:

The correct answer is : Infants from 1 to 2 years old.

Explanation:

According to the <em>Physical and Cognitive Development</em> theory, plasticity is the ability of the brain to overcome the functionality of injured parts. In this sense, preschoolers with brain language areas damaged are likely to take them up due to plasticity since plasticity is greater in infants from 1 to 2 years old.

5 0

3 years ago

You just deposited $2,500 in a bank account that pays a 4.0% nominal interest rate, compounded quarterly. If you also add anothe

choli [55]

Answer:

The value of the investment would be $16,035.87 in 12 quarters from now

Explanation:

The value of $2,500 after four quarters can be determined with the below formula:

FV=PV*(1+r/t)^N*t

FV is the future value of the investment, the unknown

PV, the present value of the investment is the amount invested.

r is the rate of return of 4%

t is the number of times interest is paid annually,4 times in this case

After the first four quarters, the worth of the investment is shown thus:

FV=$2500*(1+4%/4)^1*4

FV=$2500*(1+1%)^4

FV=$2,601.51

After that $5000 was added to $2,601.51 making $7,601.51 which was reinvested to yield the below:

FV=$7,601.51*(1+ in 4%/4)^1*4

FV=$7,601.51*(1+1%)^4

FV=$7910.16

Then $7,500 was added to $7,910.16 which turns $15,410.16

FV=$15,410.16*(1+4%/4)^1*4

FV=$15,410.16*(1+1%)^4

FV=$16,035.87

4 0

3 years ago

In 1 to 2 paragraphs, analyze how a person's ethics or values might affect his performance on the job.

defon

Answer:

Explanation:

This question puts together two different perspectives based on different goals and metrics: economics and ethics. In economics, self interest is the driving force and productivity is one of the metrics used by managers and shareholders in measuring their profit making. In ethics, doing good for people and creating social value is the goal. The results cannot be measured anymore in units of productivity.

Peter Drucker in his famous book "Management: tasks, responsibilities, practices" says : "To know what a business is we have to start with its purpose. Its purpose must lie outside of the business itself. In fact, it must lie in society since business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer." That means to create value for society and not to maximize the profit.

I shall add a recent message sent by Richard Branson - the creator of Virgin Group - in his book "Screw business as usual" : Doing good can help improve your prospects, your profits and your business; and it can change the world." But with a condition: in that firm to exist an organizational culture based on positive values and not on profit maximization. In conclusion, ethics may impact positively on performance if and only if there is a managerial philosophy based on ethics and not on profit maximization, and on value creation. In this well-defined context profit and profitability are consequences and not driving forces of the whole business.

5 0

3 years ago