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VashaNatasha [74]
3 years ago
13

Signal mistakenly produced 1,000 defective cell phones. The phones cost $65 each to produce. A salvage company will buy the defe

ctive phones as they are for $33 each. It would cost Signal $88 per phone to rework the phones. If the phones are reworked, Signal could sell them for $144 each. Signal has excess capacity. Should Signal scrap or rework the phones?
Business
1 answer:
Contact [7]3 years ago
3 0

Answer:

It is more profitable to continue to rework the phones and sell them.

Explanation:

Giving the following information:

Signal mistakenly produced 1,000 defective cell phones.

<u>The $65 per phone is a sunk cost. It will remain on both decisions, therefore, we will not take into account to make the decision.</u>

Sell as it is:

Income= 33*1,000= $33,000

Rework:

Costs= 88*1,000= $88,000

Sales= 144*1,000= $144,000

Total gain= $56,000

It is more profitable to continue to rework the phones and sell them.

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Hussein got a call yesterday from First Bank, the company that issued his credit card inquiring about an $105.00 charge made in
inysia [295]

Answer:

C) change his passwords and store them in a password manager.

Explanation:

Hussein, being a victim of cyber theft of money from his bank account, after having informed bank about the fraudulent transaction, should :-

Take further precautionary measures for modifying & safely saving other related crucial information, like passwords. So, he should change his passwords and store them in a password manager.

8 0
3 years ago
The forum corporation identifies three characteristics of successful leaders:
Colt1911 [192]
<span>The three main characteristics are: taking responsibility for one's actions, creating a vision for the group to understand and to operate by, and supporting the people they are leading. By having these three characteristics, those who wish to be leaders can be more effective in their tasks and over those they control.</span>
6 0
3 years ago
A critical evaluation of one public accounting firm's practices by another public accounting firm is called:________
Andre45 [30]

Answer:

peer review

Explanation:

A critical evaluation of one public accounting firm's practices by another public accounting firm is called: peer review

Peer review is the evaluation of work by one or more people with similar competencies as the producers of the work. It functions as a form of self-regulation by qualified members of a profession within the relevant field.

5 0
2 years ago
Thatcher Corporation's bonds will mature in 15 years. The bonds have a face value of $1,000 and an 7.5% coupon rate, paid semian
Kaylis [27]

Answer:

Using the approximation formulas we can conclude the YTM and YTM respectively are as follow:

YTM 4.2982456%

YTC   5.3846154%

Explanation:

Yield to Call:

YTC = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C= 37.5 (1,000 x 7.5% / 2 payment per year)

F= 1050 future call price

P= 900 market price

n= 10 (5 years x 2 payment per year)

YTM = \frac{37.5 + \frac{1050-900}{10 }}{\frac{1050+900}{2}}

quotient 5.3846154%

Yield to maturity:

YTM = \frac{C + \frac{F-P}{n }}{\frac{F+P}{2}}

C= 37.5

F= 1000

P= 900

n= 30

YTM = \frac{C + \frac{1,000 - 900}{30}}{\frac{1.000 + 900}{2}}

quotient 4.2982456%

7 0
3 years ago
The quantity demanded of good X falls by 20% and, in response, your income goes down by 10% and, the income elasticity of demand
vampirchik [111]

Answer: Income Elasticity  of demand = 2

Explanation:

Income Elasticity  of demand  shows the responsiveness of the quantity demand for a good or service is to any  change consumers  income. it is calculated as

Income Elasticity  of demand = Percentage change in Quantity / Percentage change in price

=20%/ 10% =  2

Income Elasticity  of demand = 2

therefore we can say the good is a normal good sinve it has a positive income elasticity of demand which means that there will be an increase in demand as consumer income increases and a decrease in demand as consumers income decreases.

3 0
3 years ago
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