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alekssr [168]
3 years ago
7

Kathryn is shopping and needs to choose a combination of pants and shirts to buy. She has a total of $24 to spend. Each pair of

pants costs $8 while each shirt costs $4. To help her, she makes a list of her total utility for different quantities of pants and shirts which is given below. If Kathryn wants to maximize her utility, how many pairs of pants and shirts should she buy?
Business
1 answer:
Elenna [48]3 years ago
5 0

Answer:

Total Utility from bundle A= 84

Total Utility from bundle B= 59+35= 94

Total Utility from bundle C= 31+66= 97

Total Utility from bundle D= 93

So he will buy 1 pairs of pants and 4 shirts.( Since her utility is maximized at bundle C)

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Reasons for lack of customer care in many organization​
Lady bird [3.3K]

Answer:

1) Not hiring the right people. Generally speaking, the quality of the customer service you provide largely depends on the quality of the people you hire. ...

2) Lack of training. ...

3) Lack of belief in the product or the company. ...

4) Lack of respect for the customer. ...

5) Lack of empathy.

Explanation:

7 0
3 years ago
Ziegler Company properly applies the lower of cost and net realizable value rule and determines that its inventory value has dec
vichka [17]

Answer:

A) Recognize the write-down as a separate line item.

Explanation:

IAS 2 Accounting for Inventory requires that inventory be recognized at the lower of cost or net realizable value. Inventory is a balance sheet item which is initially recognized at cost.

However, once there is an indication that the cost is lower than the net realizable value, the carrying amount of inventory is written down with the write off recognized as a separate line in the P/l and not as an addition to the cost of goods sold.

Hence the right option is A) Recognize the write-down as a separate line item.

8 0
3 years ago
Jumbo Shrimp Oxymorons, Inc. recently paid a dividend of $2.12 per share. The firm expects explosive growth of 20% over the next
dusya [7]

Answer:

Dividend

First year = $2.544

Second year = $3.053

Third year = $3.48

Fourth year = $3.97

Fifth year = $4.53

Sixth year =$5.16

Explanation:

As dividend is the share of earning distributed to the stockholders. The stockholders expects a good return from the company against their interst in the company. Company make a dividend policy and calculates the growth of dividend accordingly.  

Dividend Paid = $2.12

Company expected 20% growth in next two years so,

Dividend First year = $2.12 x 120% = $2.544

Dividend Second year = $2.544 x 120% = $3.053

Dividend of following three years will grow at 14%

Dividend Third year = $3.053 x 114% = $3.48

Dividend Fourth year = $3.48 x 114% = $3.97

Dividend Fifth year = $3.97 x 114% = $4.53

After this it will grow 8% indefinitely

Dividend Sixth year = $4.53 x 114% = $5.16

4 0
3 years ago
Read 2 more answers
Zach sold a restaurant to Shane for $295,000. As part of the agreement, Zach promised not to open another restaurant business fo
levacccp [35]

Answer:

Non-compete clause

Explanation:

The name of this clause is Non-compete clause. It is is a clause under which one party agrees not to enter into or start a similar profession or trade in competition against another party. By prudence of this non compete clause, the worker attempts and gives his acknowledgment to the state of the business that over the span of the work or significantly after the representative leaves the administrations/occupation of the business, he will not be the contender of the business in the structure and nature of the work of the business.

5 0
3 years ago
Simon Company had the following summarized operations for the month of May: Revenues earned: for cash, $32,000; and on account,
AlladinOne [14]

Answer:

$35,000

Explanation:

Given that,

Revenues earned:

cash = $32,000

on account = $18,000

Expenses incurred:

cash = $5,000

on account = $10,000

Net Income:

= Income - Expenses

= (Cash revenue + account revenue) - (cash expenses + Expenses on account)

= ($32,000 + $18,000) - ($5,000 + $10,000)

= $35,000

Therefore, the net income for the month of May is $35,000.

7 0
3 years ago
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