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4 years ago

6

If you were in the dry-cleaning business, whom would you benchmark for their technological innovations? List companies in relate

d fields that would be inside and outside your industry.

1 answer:

Yanka [14]4 years ago

4 0

You may want to compare your services, machineries, and others compared to your benchmark

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A company had the following purchases and sales during its first month of operations: January 1 Purchased 10 units at $4.00 per

iragen [17]

Answer:

$59.00.

Explanation:

Because it is perpetual method we will check the inventory available at the moment of each sale.

<u />

<u>First sale:</u>

Inventory Available Jan 1st 10 units at $4

sales 6 units COGS $4 = 24

<u>Second Sale:</u>

Inventory Available Jan 1st 4 units at $4 $16

Jan 17th 8 units at $5.5 $44

Total 12 untis at $60 = 60/12 = $5 per unit

sales 7 units COGS $5 = 35

Total COGS 35 + 24 = 59

4 0

3 years ago

3. Andria, an attorney, has a personal injury case which is set for trial next week. She needs a good doctor to testify on behal

Fittoniya [83]

Answer

The agreement is contingent agreement and not the unenforceable.

Explanation:

Under a contingent agreement, certain actions are taken resulting from occurring or non-occurring of certain conditions. Here outcomes are dependent upon happening of events.

3 0

4 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

lara [203]

Answer:

E. You should accept the $200,000 because the payments are only worth $195,413 to you today

Explanation:

We solve for the presnet value of an annuity of 20 year of $1400 at 0.5% discount rate

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 1,400.00

time 240 (20 years x 12 month per year)

rate 0.005 (6% / 12 monhts = 0.5% = 0.5/100 = 0.005)

$1400 \times \frac{1-(1+0.005)^{-240} }{0.005} = PV\\$

PV $195,413.0804

7 0

3 years ago

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand

UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about <u>2.5%</u>.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

#SPJ4

6 0

2 years ago

The Oriole Acres Inn is trying to determine its break-even point during its off-peak season. The inn has 50 rooms that it rents

vfiekz [6]

Answer:

Break-even point in units= 402 rooms a month

Explanation:

Giving the following information:

The inn has 50 rooms that it rents at $100 a night. Operating costs are as follows:

Salaries $7,500 per month

Utilities $1,500 per month

Depreciation $1,300 per month

Maintenance $1,760 per month

Maid service $24 per room

Other costs $46 per room

<u>First, we need to calculate the total fixed costs and the unitary variable cost.</u>

Total fixed costs= salaries + utilities + depreciation + maintenance

Total fixed costs= $12,060

Unitary variable cost= 24 + 46= $70

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 12,060/ (100 - 70)

Break-even point in units= 402 rooms a month

8 0

3 years ago