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3 years ago

AlwaysRain Irrigation, Inc., would like to determine capacity requirements for the next

Business

1 answer:

Katarina [22]3 years ago

4 0

Answer:

For plastic

Year 1 97,000 units per year and 2 operators

Year 2 115,000 units per year and 3 operators

Year 3 136000 units per year and 3 operators

Year 4 141000 units per year and 3 operators

For bronze

Year 1 21000 units per year, 2 machines and 4 operators in total

Year 2 24000 units per year, 2 machines and 4 operators in total

Year 3 29000 units per year, 3 machines, 5 operators in total

Year 4 34000 units per year, 3 machines, 6 operators in total

Explanation:

for plastic,

since there is only one machine that is operated by 4 operators,

Units per operator= Machine speed/number of operator

= 200,000/4

= 50,000 units per operator

so for year 1, for 97,000 units 2 operators will be enough and for year 2, year 3 and year 4, 3 operators will be enough

for Bronze

since there are 3 machines and total number of 6 operators,

Units per operator= sum of speed of all machines/total number of operator

= 36000/6

= 6,000 units per operator

so for year 1 for 21,000 units per year, 4 operators will be required (6000×4) with 2 machines

for year 2 for 24000 units per year, 4 operators will be requried with 2 machines

for year 3 for 29,000 units per year, 3 machines will be required with 5 operators to meet the demand

for year 4 for 34,000 units, 3 machines will be requried with 6 operators

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Is disease prevention by the government a pure public good or a private good? Explain

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Public good are non-rivalry and non-excludable goods. People can benefit these goods without affecting and reducing its availability to others. Disease prevention by the government is purely public good since it is important to every individual and each person must not have any limitations in receiving these kind of prevention.

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3 years ago

A city's potential for growth or its susceptibility to decline is determined by a set of economic activities that the city provi

lapo4ka [179]

Answer:

Explanation:

Economic base are businesses that generate employment in a community or a geographical area.

Economic base analysis is a theory that posits that activities in an area divide into two categories:

1) Basic industries are those exporting from the region and bringing wealth from outside.

2)Nonbasic industries support basic industries.

The basic industries of a region are identified by comparing employment in the region to national norms.

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3 years ago

Read 2 more answers

On January 1, 2019, Marigold Corp. Had the following stockholders' equity accounts.

Temka [501]

a. The preparation of the stockholders' equity section of the balance sheet at December 31 foro Marigold Corp. is as follows:

<h3>Stockholders' Equity Section:</h3>

Marigold Corporation

<h3>Balance Sheet</h3>

At December 31, 2019

Common Stock ($5 par value)

186,560 shares issued and outstanding $932,800

Paid-in Capital in Excess of Par Value-Common Stock 268,880

Retained Earnings 446,408

Total equity $1,648,088

b. The payout ratio and return on common stockholders' equity are as follows:

Payout ratio = Cash Dividends/Net Income

= 94% ($206,912/$220,000 x 100)

Return on Common Stockholders' Equity = Net Income/Beginniing Outstanding Equity

= 13.5% ($220,000/$1,635,000 x 100)

<h3>Data and Analysis:</h3>

Common Stock ($10 par value)

84,800 shares issued and outstanding $848,000

Paid-in Capital in Excess of Par Value-Common Stock 218,000

Retained Earnings 569,000

Total equity $1,635,000

Jan. 15 Retained Earnings $94,976 (84,800 x $1.12) Cash Dividends Payable $94,976

Feb. 15 Dividends Payable $94,976 Cash $94,976

Apr. 15 Retained Earnings $135,680 Stock Dividends Payable $135,680 ($16 x 84,800 x 10%)

May 15 Stock Dividends Payable $135,680 Common Stock $84,800 Paid-in Capital in Excess of Par Value $50,880

July 1 Common Stock increased to 186,560 at $5 each (84,800 + 8,480 x 2)

Dec. 1 Retained Earnings $111,936 (186,560 x $0.60) Cash Dividends Payable $111,936
Dec. 31 Net income for the year = $220,000

<h3>Retained Earnings:</h3>

Beginning balance $569,000

Net Income 220,000

Dividends:

Jan. 15 Cash Dividends (94,976)

Apr. 15 Stock Dividends (135,680)

Dec. 1 Cash Dividends (111,936)

Ending balance $446,408

Learn more about the stockholders' equity section at brainly.com/question/13373888

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3 0

2 years ago

Two investment advisers are comparing performance. One averaged a 19% return and the other a 16% return. However, the beta of th

pentagon [3]

Answer (A):

Need more data to select the better adviser

<u>Explanation: </u>

Adviser A averaged 19% return on the investment which is more than that of Adviser B who averaged 16% return on investment. However, adviser A has a beta of 1.5 which is also greater than that of Adviser B who has a beta of 1. This means that adviser A made a more riskier investment and hence a higher average return on investment. We need more data to tell which adviser performed better in relation to each other.

Answer (B):

Investment Adviser B

<u>Explanation:</u>

$R_{f}$ = T-bill rate = 6%

$R_{m}$ = Market return = 14%

$R_{m} - R_{f}$ = Market risk premium = 14% - 6% = 8%

$ER_{a}$ = Average Return by Adviser A =19%

$\beta _{a}$ = Beta of Adviser A = 1.5

$ER_{b}$ = Average Return by Adviser B =16%

$\beta _{b}$ = Beta of Adviser B = 1

CAPM Equation is $ER_{i} = R_{f} +\beta (R_{m} - R_{f} ) +\alpha$

<u>For Adviser A</u>

$ER_{i}$ = 6 + 1.5 (14 - 6) = 18%

The expected average return for the investment is 18% which means that Adviser A over performed the market by 1 %

<u>For Adviser B</u>

$ER_{i}$ = 6 + 1 (14 - 6) = 14%

The expected average return for the investment is 14% which means that the Adviser B over performed the market by 2 %

Clearly, Adviser B performed better than Adviser A.

Answer (C):

Adviser B

<u>Explanation:</u>

<u />

In this part, the $R_{f} = 3 %$ and $R_{m} = 15%$

All else remains the same

We make similar calculation as in part B

4 0

3 years ago

Cully Furniture buys two products for resale: king beds (K) and queen beds (Q). Each king bed costs $500 and requires 100 cubic

lana66690 [7]

Answer:

1) 500K + 250Q ≤ 80,000

100K+80Q≤ 30,000

K≥0

Q≥0

P= 400K + 200Q

2) zero king beds and 320 queen beds

or zero queen beds and 160 king beds

3) surplus variable

surplus variable is storage space

values of surplus variable is 14,000 cubic feet if zero queen beds and 160 king beds

value of surplus variable is 4,400 cubic feet if zero king beds and 320 queen beds.

surplus is the extra amount available after all resources have been utilized to theri maximum.

4) none of the resources will be completely used. There will be surplus of both

Explanation:

1) Implicit variables: K≥0 ; Q ≥ 0

Explicit variables:

500K + 250Q ≤ 80,000-------------------------- from investment constraint

100K+80Q≤ 30,000 ---------------------- from storage space constraint

LP: P= 400K + 200Q

2) See the attachment for profit maximization graph

3) From graph in the attachment, it can be inferred that storage space is the surplus variable since graph of that equation lies completely outside of optimal area.

Also,

if K=160 and Q=0, the inequality of investment gives

500(160) + 250(0)= 80,000

if K=0 and Q=320, the inequality of investment gives

500(0)+ 250(320) =80,000

if K=0 and Q = 320, the inequality of space gives

100(0) + 80(320)= 25,600

surplus= 30,000- 25,600= 4,400

if K=160 and Q=0, the inequality of space gives

100(160) +250(0)= 16000

surplus= 30000-16000= 14000

4) K=0 and Q=300

investment inequality gives

500(0) + 250(300) ≤ 80,000

75,000≤ 80,000

space inequality gives

100(0) + 80(300) ≤ 30,000

24,000≤ 30,000

Both space and investment are in surplus

6 0

3 years ago