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3 years ago

_____________ include all of the groups and/or individuals affected by a decision, policy, or operation of a firm or individual.

Business

1 answer:

jeka57 [31]3 years ago

7 0

Answer:

<u>Business ethics.</u>

Explanation:

Business ethics is the set of ethical and moral principles that exist in an organization to regulate its activities, actions and decisions that occur in the organization. The set of ethical values is directly determined by the organizational culture, and should be shared with all employees and organizational levels, as it is the business conduct of the company.

When well-established, corporate ethics ensure and motivate positive behavior, enhance a company's reputation and ensure its safety in the marketplace.

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Barnes Company reports the following operating results for the month of August: sales $305,000 (units 5,000); variable costs $21

Ostrovityanka [42]

Answer:

1. $30,500;

2. $30,000;

3. $22,000;

=> Option 1 produce the highest net income.

Explanation:

We have sell price per unit = 305K /5K = $61

1. Increase selling price by 10% with no change in total variable costs or sales volume:

Sell price = 61 x 1.1 = $67.1

Sales revenue = 67.1 x 5,000 = $335,500

Increase in sales revenue = 335.5K - 305K = $30,500

As costs remains the same, Net income will increase as much as the increase as sales revenue which is $30,500.

2. Reduce variable costs to 60% of sales:

New variable cost = $305,000 x 60% = $183,000

Saving in variable cost = 213K - 183K = $30,000

As fixed cost and sales revenue remain the same, net income will increase as much as the saving in variable cost which is $30,000

3. Reduce fixed costs by $22,000:

As variable cost and sales revenue remain the same, net income will increase as much as the saving in fixed cost which is $22,000

6 0

3 years ago

Free-market capitalism is characterized by

noname [10]

Had to look for the options and here is my answer:
When we say Free-Market capitalism, this means that this kind of market system has their own individual decisions and are not controlled by the government. Therefore, the one that fits the blank above is this answer: <span>the right to freedom of competition. Hope this helps.</span>

5 0

3 years ago

This is your chance to calculate demand elasticities for health care. Suppose you are collecting data from a country (like Japan

sergejj [24]

Answer:

Arc price elasticity of demand = -0.273

Explanation:

This problem is solved as follows:

1. Identify the data.

Outpatient visit Price / visit

Tokyo 1.25 / month 20y

Hokkaido 1.5 / month 10y

Outpatient visits equal the quantities demanded of the service. Therefore, we can say that:

Qt (Outpatient visits in Tokyo) = 1.25 / month

Qh (Outpatient visits in Hokkaido) = 1.5 month.

With the following prices:

Pt (Price in Tokyo) = 20y

Ph (Price in Hokkaido) = 10 y

2. Apply the formula to calculate arc-elasticity of demand:

$Ep^{arc} = \frac{Pt+Ph}{Qt+Qh} *\frac{Qh-Qt}{Ph-Pt}$

We replace the data:

$Ep^{arc} = \frac{20+10}{1.25+1.5} *\frac{1.5-1.25}{10-20}$

$Ep^{arc}= \frac{30}{2.75} *\frac{0.25}{-10} = 10.91 *-0.025$

$Ep^{arc} = -0.27275$

Final answer: -0.27275 or -0.273

6 0

3 years ago

A corporation had the following assets and liabilities at the beginning and end of this year.

ludmilkaskok [199]

Answer:

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

Explanation:

a) Data and Calculations:

Beginning Ending

Assets $57,000 $24,463

Liabilities 115,000 46,575

Equity (58,000) ($22,112)

Net Income / Net Loss:

Scenario A $35,888 (-58,000 + 22,112)

Scenario B $37,088 (-58,000 + 22,112 + 1,500)

Scenario C -$9,112 (-58,000 + 45,000 + 22,112)

Scenario D $17,112 (-58,000 + 35,000 + 22,112 + 18,000)

b) The net income is the difference between the beginning equity plus new investments and the ending equity and dividends.

5 0

3 years ago

Stuart Corporation produces products that it sells for $17 each. Variable costs per unit are $9, and annual fixed costs are $163

Mila [183]

Answer:

See below

Explanation:

The formula for break even point in unit and dollar is as sewn below;

Break even point in units = Fixed expenses / Contribution margin per unit

Where

Contribution margin per unit = Selling price per unit - Variable expense per unit

Contribution margin per unit = $17 - $9 = $8

But

Fixed expenses = $163,200

Break even point in unit = $163,200 / $8 = 20,400 units

Break even point in dollars = Fixed expense / Profit volume ratio

Where

Profit volume ratio = (Contribution margin per unit / Selling price per unit) × 100

Profit volume ratio = ($8/$17) × 100 = 47.06%

But

Fixed expense = $163,200

Break even point in dollars = $163,200 / 47.06% = $3,468

For desired profit

Sales volume in units = Fixed expense + Desired profit / Contribution margin per unit

= $163,200 + $25,200 / $8

= $188,400/$8

= 23,550 units

Sales volume in dollars = Fixed expenses + Desired profit / Profit volume ratio

= $163,200 + $25,200 / 47.06%

= $4,003

8 0

3 years ago