1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pogonyaev
3 years ago
10

The​ do-it-yourselfer plucked a gallon can of base paint from the shelf of the local hardware store and handed it to​ keith, the

cheerful clerk at the paint counter. their eyes met briefly and the​ do-it-yourselfer silently handed over sample​ 150c-1, musical​ mist, to the clerk. it was impractical to keep several gallons of every possible color on the shelves at the hardware​ store, so the paint manufacturer had created clever workaround. the workaround was a​ computer-based system that added predetermined quantities of pigments to a gallon can of base paint depending on the desired​ shade, in this​ case, musical mist. the hardware store now needed to stock only the base​ paint, this​ machine, and a small supply of paint pigments in order to create the thousands of colors in its catalog. this scenario is a prime example of
Business
1 answer:
enyata [817]3 years ago
5 0
<span>This scenario is a prime example of cost-effective design. The store is able to save space, as well as maintain a much small inventory of items. They can also save money by not carrying an unnecessarily large stock of paint that may or may not ever sell.</span>
You might be interested in
If the price of the item is $15.00 per unit and the employees cost $125 each, how many employees should the firm hire to maximiz
Aneli [31]

If the price of the item is $15.00 per unit and the employees costs $125 each,  Three employees should the firm hire to maximize their profit.

How do firms maximize profit?

All firms maximize profits when their marginal cost is equal to the marginal product. This dollar amount should also be the selling price that maximizes profits.

What is meant by profit maximization?

Profit maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns. Influential factors such as sale price, production cost and output levels are adjusted by the firm as a way of realizing its profit goals.

What are the goals of profit maximization?

Profit maximization is the process by which a business arranges its prices and cost structure to achieve the highest possible profit. The central goal of the organization is to increase its profits

 

Learn more about profit maximization:

brainly.com/question/21794386

#SPJ4

3 0
1 year ago
T. Hillcrest Co. sold $500 of merchandise on a bank credit card with a 5% fee. The entry to record this sales transaction would
Rufina [12.5K]

Answer:

Cash for $475 and Credit Card Expense for $25

Explanation:

Cash for $475 and Credit Card Expense for $25

8 0
3 years ago
Which type of account typically has very high liquidity, low or no interest, and low minimum balance?
faltersainse [42]
I would say that it is a CHECKING ACCOUNT. The answer for this would be option A. This type of account can be accessed anytime which makes its liquidity very high, but on the other side, this has very low interest and the minimum balance required is also low. Hope this helps.
7 0
3 years ago
Schultz Industries is considering the purchase of Arras Manufacturing. Arras is currently a supplier for Schultz, and the acquis
Aleksandr [31]

Answer:

$50.67 per share

Explanation:

using the discounted cash flow model, we can determine Arras's total value:

CF₀ = $7.6

CF₁ = $7.98

CF₂ = $8.379

CF₃ = $8.79795

CF₄ = $9.2378475

CF₅ = $9.699739875

CF₆ = $9.893734673

we must first find the terminal value at year 5 = $9.893734673 / (7% - 2%) = $197.874694

now we can discount the future cash flows:

firm's value = $7.98/1.07 + $8.379/1.07² + $8.79795/1.07³ + $9.2378475/1.07⁴ + $9.699739875/1.07⁵ + $197.874694/1.07⁵ = $7.458 + $7.319 + $7.182 + $7.048 + $6.916 + $141.081 = $177.004 million

the shareholders' share of the firm's value = $177.004 million - $25 million = $152.004 million

price per share = $152.004 million / 3 million shares = $50.668 ≈ $50.67 per share

7 0
3 years ago
A middleman is Multiple Choice a person or firm whose sole responsibility is bringing a buyer to the last link in the distributi
hichkok12 [17]

Answer:

would you still like me to help you with this question

5 0
2 years ago
Other questions:
  • The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
    15·1 answer
  • (a) Does Honest Tea have more of an organic or mechanistic structure?
    7·1 answer
  • A change from an inefficient mix to an efficient mix of output would best be represented with a production possibilities frontie
    15·1 answer
  • Matthew's Fish Fry has a monthly target operating income of $7,200. Variable expenses are 60% of sales and monthly fixed expense
    12·1 answer
  • 4. Wilford has developed a leg pillow for long airline flights that reduces the risk of blood clots. He isn't sure how to develo
    13·1 answer
  • _________ leaders are agents of change because they develop an appealing vision of the desired future state, communicate that vi
    14·1 answer
  • Zhang Industries is preparing a cash budget for June. The company has $29,500 cash at the beginning of June and anticipates $98,
    12·1 answer
  • How do u add people as your friend?
    5·1 answer
  • Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price
    6·1 answer
  • A city issues five-year bonds payable to finance construction of a new school. what recording should be made?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!