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bagirrra123 [75]
3 years ago
11

Suppose that you are the manager of a large retail store that is currently experiencing a shoplifting problem. Every hour, $25 w

orth of merchandise is being stolen from your store. Suppose that a security guard would completely eliminate the shoplifting in your store. The hourly market wage for a security guard is $33. If you were interested in maximizing your profits, should you hire a security guard?
Business
1 answer:
earnstyle [38]3 years ago
6 0

Answer:

We will not hire a security guard.

Explanation:

Data provided

Merchandise stolen cost of every hour = $25

Hourly market wage for a security guard = $33

According to the given situation, The hourly loss is $25, and the hourly cost is $33, even if the shopkeeper keeps a security guard, then the cost per hour is $33, so the store loss increases by $33 - $25 = $8, so we will not hire the security guard to maximize the profit.

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4 years ago
Vande Velde Company made three investments during 2017. Where will Vande Velde report these investments in the fair value hierar
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Answer:

a. level 3

b.level 1

c. level 2

Explanation:

Vande Velde Company made three investments during 2017. Where will Vande Velde report these investments in the fair value hierarchy?1. It purchased 1,000 shares of Sastre Company, a start-up company. Vande Velde made the investment based on valuation estimates from an internally developed model.2. It purchased 2,000 shares of GE stock, which trades on the NYSE. 3. It invested $10,000 in local development authority bonds. Although these bonds do not trade on an active market, their value closely tracks movements in U.S. Treasury bond.

The fair value hierarchy gives the highest priority to quoted prices in active markets for identical assets or liabilities (Level 1), and the lowest priority to unobservable inputs (Level 3) while Level 2 assets are financial assets and liabilities that are neither easy or overly complex to value.Going by the explanation the investment will be given hierarchy 3, 2,1

if Van verde purchased shares on the New York stock Exchange , then the percentage in price over time is more than the other two options . In stock purchase, investors can realised more profit on their  stocks than bond which can give like 10-15% on the initial cash outlay. The only caveat is that Stocks is a little bit risky and could be volatile owing to price fluctuations ,and the forces of demand and supply.

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At a promotion interview, it is important to ________.
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Read 2 more answers
The current price of blue jeans is $30 per pair, but the equilibrium price of blue jeans is $25 per pair. As a result, a. the qu
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Answer:

d. All of the above are correct.

Explanation:

  • If the current price exceeds equilibrium price, suppliers are willing to sell more units than in equilibria conditions (Qs in the picture below) , and consumers are willing to buy less units than in equilibria conditions (Qd in the picture below), as shown in the graph that has been attached.
  • Then, quantity supplied is greater than quantity demanded (Qs>Qd).
  • Equilibrium quantity (Q* in the picture) exceeds quantity demanded at $30 price (Qd in the picture), which is related to the decreased in quantity demanded when prices increases: in equilibrium prices are lower than $30, then consumers are willing to buy more.
  • Because quantity supplied is greater than quantity demanded, there is a surplus of blue jeans at $30 price (the different between the amount that consumers are willing to buy and the amount suppliers are willing to sell is positive, and its magnitude equals the surplus of blue jeans).
  • See picture attached.

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The Sun Chips brand is being marketed by Frito-Lay as being environmentally friendly. All of its point-of-purchase displays, packaging, print and television advertisements and television commercials convey this idea. The business employs an integrated marketing communications approach.

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