All categories

3 years ago

Which of the following elements influence your view of the financial world?

Business

1 answer:

Basile [38]3 years ago

4 0

<h2>All the given options stands right.</h2>

Explanation:

Option 1:

When we spell the word "finance", the first vocabulary that comes to everyone's mind is the risk involved. There is always risk factor associated with investing of money/ doing a business. So we need the skill of tolerance when there is a loss.

Option 2:

The belief that we have on the financial aspect, decides our financial status. So the better control leads to good financial status.

Option 3:

This is essential for everyone who handles money. Knowledge on personal finance will guide the individual to handle money in an effective way.

You might be interested in

Mike and Tom debone chicken breasts for Ted's Chicken Co. Mike is new and can only debone 30 chicken breasts per hour, while Tom

vodka [1.7K]

Answer:

Their average hourly productivity as a team for chicken breasts will be

45.

Explanation:

Here, it is given that Mike and Tom debone chicken breasts for Ted' chicken company.

Mike debones 30 chicken breasts,

Meanwhile Tom is having his own experience in this work and knows how to calculate the hourly work

So, Tom allows Mike to debone only 60 chicken breasts per hour.

Now its mentioned that both Tom and Mike had worked 40hrs per week.

So, their average hourly productivity as a team will be:

$frac\ {{30} +{60}} {2}$

⇒ 45

So, their average hourly productivity as a team for chicken breasts will be 45.

7 0

3 years ago

To help understand why attendance at the team's games was so poor, the atlanta falcons used marketing research to gather factual

Nataly [62]

The gathering of factual statements is an example of marketing research in its descriptive role.

The descriptive role of marketing research is focused on the gathering of facts to explain the current situation of a market and/or marketing program.

3 0

3 years ago

Which best describes the benefits of renting a home?

8_murik_8 [283]

The benefits of renting include:Financial flexibility. Think of a ocean liner and a speedboat. ...Financial stability. ...Career flexibility. ...Low maintenance costs. ...No market risk. ...You don't pay taxes or insurance directly. ...No cash outlay required. ...Some bills are included in the rental price

7 0

3 years ago

Bennett Co. has a potential new project that is expected to generate annual revenues of $262,100, with variable costs of $144,00

swat32

Answer:

Operating cash flow= $29,886

Explanation:

Giving the following information:

Sales= $262,100

Total variable cost= $144,000

Total fixed costs= $61,300.

Annual interest expense of $24,500. The annual depreciation is $25,200 and the tax rate is 34 percent.

We need to determine the operating cash flow:

Sales= 262,100

Total variable cost= (144,000)

Contribution margin= 118,100

Total fixed costs= (61,300)

Depreciation= (25,200)

Interest= (24,500)

EBIT= 7,100

Tax= (7,100*0.34)= (2,414)

Depreciation= 25,200

Operating cash flow= 29,886

7 0

3 years ago

Tiny went back to his office after the meeting and began to crunch the numbers on the rapid inflator. At a price of $10 per unit

Artist 52 [7]

Solution and Explanation:

Part A - Inflatable divisions's Current Return on Investment = Yearly Earnings / Investment Cost * 100

There the Inflatable Division is Currently Earning $ 250,000 annually from an Asset base of $ 1,250,000

Therefore, ROI = $250000 / 1250000 * 100=20 \%$

Part B - Let the maximum variable cost be X.

Given that - 1. Selling Price per Unit = $10 , 2. No of Units to be produced = 40000 , 3. Annual Fixed Cost = $ 140000

Therefore , ROI = Current Earning + New Earning / Current Assets + New Assets

20% = $250000+[(10-\mathrm{X}) * 40000-\underline{140000}] / 1250000+100000$

Solve for X getting, X = 6

Therefore maximum variable cost it can incur without change in current ROI is $ 6 per unit

Resulting Contribution Margin per Unit = SP - VC = $10 minus $6 = $4 per unit

part C - Minimum Transfer Lightning division Should charge

Given Information - Capacity of Lightning division is 150000 units and Utilized capacity is 135000 units. Therefore Spare capacity is 15000 units .Also Market Price of Product of Lightning division is $ 5 and Variable cost is $3 per unit.

So for the First 15000 units of Requirement of Inflatable division - Transfer Price should be Variable cost i.e $ 3 per unit because Lightning division has spare capacity in this.

For the next 25000 units of requirement of Inflatable division - Transfer Price should be Market Price i.e $ 5 per unit as Lightning division has to reduce is external sale.

Therefore Minimum TP = 1 $5000 * 3+25000 * 5 / 40000=\$ 4.25$ per Unit

Part D - No, Here Tiny offers to transfer $4 ( $6 - $2 ) per unit to Lightning division. However the minimum TP Lightning should get is 4.25 per unit and if less than this TP is offered by Tiny it will lead to loss in the Lightning Division.

3 0

3 years ago