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3 years ago

Generally, as the proportion of middle-income households in a country increases, the nation's purchasing power __________.

Business

1 answer:

erica [24]3 years ago

5 0

Answer:

Increases

Explanation:

Generally, as the proportion of middle-income households in a country increases, the greater (an increase) nation's purchasing power.

Actually, the purchasing capability increases in proportion to an increase in the income of households.

Purchasing power is known as the currency value which is usually seen in the amount of goods or services that a unit of money can buy.

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Bay City Companyâ€™s fixed budget performance report for July follows. The $440,000 budgeted total expenses include $300,000 var

vredina [299]

Answer:

Bay City Company

Flexible Budget Performance Report:

Flexible Budget Actual Results Variances

Sales (in units) 4,900 4,900

Sales (in dollars) $392,000 $431,200 $39,200 F

Total expenses:

Variable expenses 245,000 276,000 31,200 U

Fixed expenses 140,000 130,000 10,000 F

Total expenses 385,000 406,000 21,200 U

Income from operations $7,000 $25,200 $18,200 U

Explanation:

a) Data and Calculations:

Variable expenses = $300,000

Fixed expenses = $140,000

Budgeted total expenses = $440,000

Actual expenses:

Fixed expenses = $130,000

Fixed Budget Actual Results Variances

Sales (in units) 6,000 4,900

Sales (in dollars) $480,000 $431,200 $48,800 U

Total expenses 440,000 406,000 34,000 F

Income from operations $40,000 $25,200 $14,800 U

Flexing the budgets:

Sales revenue = $392,000 ($480,000/6,000 * 4,900)

Variable expenses = $245,000 ($300,000/6,000 * $4,900)

Actual variable expenses = $276,000 ($406,000 - $130,000)

6 0

3 years ago

(Vetro Inc) Vetro Inc. is a glass manufacturer that produces glasses of every shape and type. Recently it signed a contract to s

Nataliya [291]

Answer:

Answer is explained in the explanation section below.

Explanation:

Data Given:

LSL = 4.96 cm

USL = 5.04 cm

Mean = 5 cm

SD = 0.01 cm

1. Capability Index:

Cpk = min ( $\frac{USL - Mean }{3SD}$ , $\frac{Mean - LSL}{3SD}$ )

So, now, we need to find the following:

$\frac{USL - Mean }{3SD}$ = $\frac{5.04 - 5 }{3 * 0.01}$

$\frac{USL - Mean }{3SD}$ = $\frac{0.04}{0.03}$

$\frac{USL - Mean }{3SD}$ = 1.33

Similarly,

$\frac{Mean - LSL }{3SD}$ = $\frac{5 - 4.96 }{3 * 0.01}$

$\frac{Mean - LSL }{3SD}$ = $\frac{0.04}{0.03}$

$\frac{Mean - LSL }{3SD}$ = 1.33

So,

Cpk = min ( $\frac{USL - Mean }{3SD}$ , $\frac{Mean - LSL}{3SD}$ ) = 1.33

2. Maximum Standard deviation allowed.

Let SD be maximum standard deviation allowed.

So,

Mean - 3SD = 4.96 Equation 1

Mean + 3SD = 5.04 Equation 2

Subtracting Equation 2 from 1, we have

6SD = 5.04 - 4.96

6SD = 0.08

SD = 0.0133

3 0

3 years ago

Fresh Baked Goods has 36,800 shares of stock outstanding at a market price of $24.91 per share. What will be the price per share

Cloud [144]

Answer:

$23.50 per share

Explanation:

The computation of the price per share after considering the stock dividend for the 6% is shown below:

= (Number of shares outstanding × market price per share) ÷ (Number of shares outstanding × 1 + stock dividend )

= (36,800 shares × $24.91) ÷ (36,800 shares × 1.06)

= $916,688 ÷ 39,008 shares

= $23.50 per share

Hence, the price per share is $23.50 per share

5 0

3 years ago

Pay for knowledge programs:

barxatty [35]

Answer:

D. base an employee's salary on the number of task skills he or she possesses.

Explanation:

Pay for knowledge programme as the name implies, is when an employer renumerate an employee for learning or developing new skills/task on the job.

If an employee develop new skills while working and then get renumerated, this will make the employee get himself or herself acquainted with the company. In order words, the employee will go out of his way to improve his efficiency in terms of increase in productivity due to the new task skill gained.

In this reward system, the employer rewards the employee with payment increase for leaning new task and skills on the job which is beyond their regular activity.

4 0

3 years ago

The new-product process stage of market testing involves which two items? Multiple select question. using realistic purchase con

larisa [96]

The new-product process stage of market testing involves two items -

Using realistic purchase conditions to see if consumers will buy
Exposing actual products to prospective consumers

To find out how well a product, service, or offering will perform, one can conduct market research.

It often consists of research studies that seek to provide answers to concerns about how the market will respond to the introduction of the product.
Convenience goods, shopping goods, specialty products, and unsought goods are the four categories of products, and each is categorized according to consumer preferences, pricing, and product features.
Let's explore each of them in more depth.

How many steps are in the new product development process multiple choice question?

The process of bringing a brand-new product idea to market is known as new product development (NPD).
It can be roughly divided into seven stages: ideation, research, planning, prototype, sourcing, costing, and commercialization, though it varies by industry.

Learn more about new product development (NPD) brainly.com/question/26679051

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4 0

2 years ago