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3 years ago

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It's helpful to write a company's mission statement in what way? A. By comparing the company's products to its competitors B. By

listing the company's values C. By describing what the company does for its customers D. By providing a list of product prices

1 answer:

mihalych1998 [28]3 years ago

6 0

Answer:B

Explanation:

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Suppose that the wage rate is $30 per hour, and the firm sells each unit of output for $6. Using the data from Table 7.3, how ma

polet [3.4K]

I found this data from Table 7.3
<span> <span> </span><span><span> Labor Input Output
</span> <span> 0   0
</span> <span> 1   40
</span> <span> 2 70
</span> <span> 3   90
</span> <span> 4 100
</span> <span> 5 105
</span> <span> 6 108

Labor Cost = Labor Input x 30
Output Sales = Output x 6
Revenue = Sales - Cost

</span></span></span><span> <span> </span><span><span> Labor cost    Output Sales
</span> <span> 0   0
</span> <span> 30 240
</span> <span> 60 420
</span> <span> 90 540
</span> <span> 120 600
</span> <span> 150 630
</span> <span> 180 648

</span></span></span><span> <span> </span><span><span> Labor Input Output   Labor cost    Output Sales <span> Revenue</span>
</span> <span> 0 0 0   0   0
</span> <span> 1   40 30   240 210
</span> <span> 2   70 60   420 360
</span> <span> 3   90 90   540 450
</span> <span> 4 100 120   600 480
</span> <span> 5 105 150   630 480
</span> <span> 6 108 180   648 468

Labor Unit 4 and 5 both have a revenue of 480. It is the maximum revenue. I think the best option would be C. 4 UNITS.

Lesser cost to the company at a maximum revenue. </span></span></span>

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3 years ago

Project A as well as project B require an initial investment of $1,050,000, have a 6-year life, and have expected total cash inf

miss Akunina [59]

Answer:

Proposal A

3.75 years

Proposal B

3.375 years

Explanation:

<u>Proposal A</u>

Payback = 3.75 years

Year Cash Inflow Initial Investment Balance Year Count

0 0 1,050,000

1 $280,000 770,000 1

2 $280,000 490,000 2

3 $280,000 210,000 3

4 $280,000 0 *3.75

* 1050,0000 / 280,000 = 3.75 years

<u>Proposal B</u>

Payback = 3.375 years

Year Cash Inflow Initial Investment Balance Year Count

0 0 1,050,000

1 $350,000 700,000 1

2 $3150,000 385,000 2

3 $280,000 105,000 3

4 $280,000 0 *3.375

* ( 3 + ( 105,000 / 280,000 ) ) = 3.75 years

5 0

3 years ago

Significant change in the age structure of a population is one example of the impact of the firm's ________.

Margarita [4]

Managing the marketing function should begin with a thorough situation analysis of the firm's internal and external environments, including company strengths, weaknesses, opportunities, and <span>threats.

Hope this answers the question. Have a nice day.</span>

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3 years ago

Hank purchased a new grill for $349 on his credit card. He had a previous balance of $225.91. A finance charge of $8.62 was asse

Lady bird [3.3K]

If his starting balance is the $225.91

then his balance would be

-131.71

4 0

3 years ago

Read 2 more answers

A vending machine's coin box contains nickels, dimes, and quarters. The total number of coins in the box is 284. The number of

solong [7]

Answer:

there are 59 nickels, 12 quarters, and 213 dimes

Explanation:

let n = nickels
let q = quarters
let d = dimes

first step:

d = 3 (n + q) = 3n + 3q

d + n + q = 284

0.10d + 0.05n + 0.25q = 27.25

second step:

3n + 3q + n + q = 284

0.10 (3n + 3q) + 0.5n + 0.25q = 27.25

third step:

4n + 4q = 284

0.3n + 0.3q + 0.05n + 0.25q = 27.25

fourth step:

n + q = 71

0.35n + 0.55q = 27.25

fifth step:

replace q = 71 - n

0.35n + 0.55(71 - n) = 27.25

sixth step:

0.35n + 39.05 - 0.55n = 27.25

seventh step:

11.8 = 0.2n

eighth step:

n = 59

q = 71 - 59 = 12

d = 284 - n - q = 284 - 59 - 12 = 213

6 0

3 years ago