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spayn [35]
3 years ago
15

The Coalition of Independent Music Stores, a group of 44 prominent independent record stores in 25 states, operates as a way for

these stores to strengthen themselves with tactics such as cooperative advertising. This form of ownership is known as_________.
A. an administered system.

B. a vertically integrated chain.

C. a corporate system.

D. a cooperative system.

E. a contractual system.
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer:

E. a contractual system.

Explanation:

Based on the information provided within the question it can be said that this form of ownership is known as a contractual system. This system is various levels of distribution and production unite in order to accomplish the goal of increasing sales for the company as a whole, which they otherwise would not be able to do separately. Which is what the stores in this scenario are doing by using cooperative advertising to increase their sales.

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Grace is president of Mayweather Farm, one of the largest pork producers in the U.S. A business consultant tells Grace that if s
gizmo_the_mogwai [7]

Answer:

Explanation:

Milton Friedman had the belief that businesses has only one social responsibility and this involved the engaging in economic activities and using available resources that can cause increments in profits. Simply put Friedman believed that making profits should be the goal of businesses. And people should use resources they have available to increase their profits.

Following this, it would be advisable for Grace to follow the business consultants advice of injecting the pigs since it would then cause her less to run The business and still increase the gross profit from the farm by 20 percent more each year. This means an increment in profits.

3 0
4 years ago
Consider the following linear program: Min s.t. 8X + 12Y 1X + 3Y >= 9 2X + 2Y >= 10 6X + 2Y >= 18 A, B >= 0 a. Use t
mihalych1998 [28]

Answer: Graph of (A) (B) and {D) are attached accordingly.

Explanation:

A)

The critical region of the constraints can be seen in the following diagram -

(0,9) (0,5) (0,3) (0,0) (3,0) (5,0) (9,0) The feasible region is shown in white

The intersection points are found by using these equations -

Vertex Lines Through Vertex Value of Objective

(3,2) x+3y = 9; 2x+2y = 10 48

(9,0) x+3y = 9; y = 0 72

(2,3) 2x+2y = 10; 6x+2y = 18 52

(0,9) 6x+2y = 18; x = 0 108

So, we can see the minimum value of the objective function occurs at point (3,2) and the minimum value of the objective function is = 48.

------------------------------------------------------------------------------------------------------------------------------------------------------------------

B)

When we change the coefficients of the variables in the objective function, the optimal solution may or may not change as the weights (coefficient) are different for each constraints for both the variabls. So, it all depends on the coefficient of the variables in the constraints.

In this case, the optimal solution does not change on changing the coefficient of X from 8 to 6 in the objective function.

The critical region would remain same (as shown below) as it is defined by the constraints and not the objective function.

(0,9) (0,5) (0,3) (0,0) (3,0) (5,0) (9,0) The feasible region is shown in white

However, the optimal value of the objective function would change as shown below-

Vertex Lines Through Vertex Value of Objective

(3,2) x+3y = 9; 2x+2y = 10 42

(9,0) x+3y = 9; y = 0 54

(2,3) 2x+2y = 10; 6x+2y = 18 48

(0,9) 6x+2y = 18; x = 0 108

So, we can see that the minimum value now has become 42 (which had to change obviously).

-------------------------------------------------------------------------------------------------------------------------------------------------------

C)

Now, when we change the coefficient of the variable Y from 12 to 6, again the critical region would remain same as earlier. But in this case, the optimal solution changes as shown below -

Vertex Lines Through Vertex Value of Objective

(3,2) x+3y = 9; 2x+2y = 10 36

(9,0) x+3y = 9; y = 0 72

(2,3) 2x+2y = 10; 6x+2y = 18 34

(0,9) 6x+2y = 18; x = 0 54

We can see that the minimum value now occurs at (2,3) which is 34, so both the optimal solution and optimal value have changed in this case.

----------------------------------------------------------------------------------------------------------------------------------------------------------

D)

When we limit the range of the variables as -

4 \leq X \leq 8 \:\: and\:\: 12\leq Y \leq 24,

the critical region now becomes -

So, the new critical points are (4,12), (4,24), (8,24) and (8,12).

So, the values of the objective function at these points can be calculated as -

Vertex Value of Objective

(4,12) 8*4+12*12 = 176

(4,24) 8*4+12*24 = 320

(8,24) 8*8+12*24 = 352

(8,12) 8*8+12*12 = 208

So, the new optimal solution is (4,12) and the optimal value is 176.

if we knew the range of the variables in the part B and C earlier, we could have just said that the optimal solution will not change as the value would have been no longer depended on the coefficients of variables in the constraints.

7 0
4 years ago
The following information is available for Carla Corporation for 2019 (its first year of operations).
Anastasy [175]

Answer:

The calculations and journal entries are shown below:

Explanation:

The computations are shown below:

a. The taxable income is

Pretax financial income  $302,100

Less: Excess of tax depreciation over book depreciation -$43,800

Add: Rent received in advance deferred for book purposes $18,100

Taxable income $276,400

b.  The journal entry is shown below:

Income tax expense $60,420  

Deferred tax asset (20% × $18,100) $3,620

           To Income tax payable (20% × $276,400) $55,280

           To Deferred tax liability (20% × $43,800) $8,760

(Being the income tax expense, deferred income taxes, and income taxes payable for 2019 is recorded)

c.  The journal entry is shown below:

Income tax expense $63,270  

Deferred tax liability ($8760 ÷ 4 years) $2,190  

         To Income tax payable (20% × $309,200)  $61,840

         To Deferred tax asset (20% × $18,100) $3,620

(Being the income tax expense, deferred income taxes, and income taxes payable for 20 is recorded)

5 0
3 years ago
Your pro forma income statement shows sales of $ 1 comma 000 comma 000​, cost of goods sold as $ 500 comma 000​, depreciation ex
8090 [49]

Answer:

The correct answer for proforma earning is $240,000 and proforma free cash flow is $340,000.

Explanation:

According to the scenario, the computation of the given data are as follows

Sales  = $1,000,000

Cost of goods sold  (Less) = $500,000

Gross Profit  = $500,000

Depreciation (Less) =  $100,000

EBIT  = $400,000

Taxes [40% × $400,000]  = $160,000

Proforma Earnings = Sales - Cost of goods sold  -  Depreciation - Taxes

= $1,000,000  - $500,000 - $100,000 - $160,000 = $240,000

And we can calculate the proforma free cash flow by using following method:

Proforma Free cash flow = Proforma earning + Depreciation Amount

By putting the value, we get

Proforma free cash flow = $240,000 + $100,000 = $340,000

5 0
3 years ago
Providing services to customers for $1,000 on account is recorded as: Multiple Choice Debit Accounts Receivable $1,000, credit S
fredd [130]

Answer: Debit Accounts Receivable $1,000, credit Service Revenue $1,000--A

Explanation:

When services are provided  to customers for cash directly, The account to record  is to debit from Cash and credit Service Revenue but when services are provided on account,  The journal to record includes a debit to Accounts Receivable and Credit to Service Revenue

Therefore

Providing services to customers for $1,000 on account is recorded as:

Accounts titles                                   Debit               Credit

Accounts Receivable                      $1,000

Service Revenue                                                       $1,000

7 0
3 years ago
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