All categories

3 years ago

Select the correct answer.

Business

1 answer:

PolarNik [594]3 years ago

7 0

Answer:

Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find

good chefs for her restaurant. Which type of resource is Elena lacking?

Elena is lacking Labor resource.

Explanation:

The Labor resource is the term related with the people needed for running the operation of a business. In this case Elena has the need for the chefs that will help you with the elaboration of the dishes that she wants to offer.

A business usually needs the following type of resources: labor, capital and land.

As we said previously Labor is the resource related to people.

Land is the resource related to the physical space where you want to set up your business. e.g store, online site, offices, building and so on.

Capital is the resource related to the money or financial investment needed to cover the initial launching costs.

You might be interested in

*Grouper, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas le

umka2103 [35]

Answer:

1) Using incremental analysis, accept this offer because it shall result in incremental Net Income of $13,000.

2) The offer should not be accepted because it shall result in incremental Net Loss of $17,000.

Explanation:

Assume that $405,000 of the fixed overhead cots can be avoided

Make Buy Net Income Income

Increase Increase

(Decrease) (Decrease)

Direct materials $980,000 $0 $980,000 $0

Direct labor $764,400 $0 $764,400 $0

Variable overhead $137,200 $0 $137,200 $0

Fixed overhead $600,000 $195,000 $405,000 $405,000

Purchase price $0 $2,273,600 ($2,273,600) ($392,000)

Total annual cost $2,481,600 $2,468,600 $13,000 $13,000

Using incremental analysis, accept this offer because it shall result in incremental Net Income of $13,000.

Make Buy Net Income Income

Increase Increase

(Decrease) (Decrease)

Direct materials $980,000 $0 $980,000 $0

Direct labor $764,400 $0 $764,400 $0

Variable overhead $137,200 $0 $137,200 $0

Fixed overhead $600,000 $600,000 $0 $0

Opportunity cost $375,000 $0 $375,000 $375,000

Purchase price $0 $2,273,600 ($2,273,600) ($392,000)

Total annual cost $2,856,600 $2,873,600 ($17,000) ($17,000)

The offer should not be accepted because it shall result in incremental Net Loss of $17,000.

3 0

3 years ago

Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.

PolarNik [594]

Answer:

$52.75

Explanation:

the discount rate for this question was not provided. the discount rate used is 10%

Value of the stock in year 1 and 2 = 0

value of the stock in year 3 = $1.25

value of the stock in year 4 = ($1.25 x 1.22) / 1.10^4 = $1.04

value of the stock in year 5 = ($1.25 x 1.22^2) / 1.10^5 = $1.16

value of the stock in perpetuality = ($1.25 x 1.22^2 x 1.06) / (0.1 - 0.06) = $49.30

Value of the stock today = $49.30 + $1.16 + $1.04 + $1.25 = $52.75

7 0

3 years ago

The monthly bank statement has to be compared with the:

BlackZzzverrR [31]

Checkbook
computer software

4 0

3 years ago

Concord Corporation's comparative balance sheet at December 31, 2021 and 2020 reported accumulated depreciation balances of $125

natali 33 [55]

Answer:

$380,800

Explanation:

When an asset is sold, the cost and accumulated depreciation are derecognized from the books. Without the sale of an asset, the depreciation charge for the year would be the only difference between the closing accumulated depreciation from prior year to current year.

Change in accumulated depreciation

= $1253000 - $890000

= $363,000

Accumulated depreciation

= $74900 - $57100

= $17,800

Depreciation

= $363,000 + $17,800

= $380,800

7 0

3 years ago

consider a bond that matures in 10 years it pay9% annual coupons and $100 at maturity is the required annual rate of return on t

Crazy boy [7]

Answer:

Bond Price today = $106.71008 rounded off to $106.71

Explanation:

To calculate the price of the bond, we need to first calculate the coupon payment per period. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and r or YTM will be,

Coupon Payment (C) = 0.09 * 100 = $9

Total periods (n)= 10

r or YTM = 8% or 0.08

The formula to calculate the price of the bonds today is attached.

Bond Price = 9 * [( 1 - (1+0.08)^-10) / 0.08] + 100 / (1+0.08)^10

Bond Price = $106.71008 rounded off to $106.71

3 0

3 years ago