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attashe74 [19]
3 years ago
11

Deltra was willing to purchase a dozen cookies for $60 that Deirdre was willing to sell for anything more than $32. If they agre

ed on a price of $36, how much total value was created in this exchange?
Business
1 answer:
likoan [24]3 years ago
5 0

Answer:

$28

Explanation:

The computation of the total value that would be created in the exchange is shown below;

The Deltra surplus is

= Purchase value - agreed price

= $60 - $36

= $24

And, the Deirdre surplus is

= Agreed price - willing to sell

= $36 - $32

= $4

Now the total value created is

= Deltra surplus + Deirdre surplus

= $24 + $4

= $28

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Instructions: Read the Grand View Grocers Corporation case below.
Natali5045456 [20]

<u>Solution and Explanation:</u>

The following would be the specifications of the training module for the cashiers:

1. There would be multiple modules consisting of the job responsibilities as refresher courses and at the same time, the new market conditions and additional job related things that they must be doing in the near future would be the other modules.

2. The key areas that the multi module training program would be focussing on would be, customer relationship training, system and data maintenance training, documentation and accounting module

3. The training intervention would be preferably on job and alongside there would be a mentor/coach allotted to the cashiers who are experts in the field preferably store managers and functional experts. For the system related modules, they would be having simulation based modules. Only during the non rush-hours there would be offline training and update sessions with respect to the progress made on their training and the productivity improvement they have achieved over the past week.

The incentives associated with the productivity improvement would be translated into incentivising the cashiers to take up the training modules. The weekly update on the productivity improvement and the progress in their training would inturn make them competitive in nature. While coming to why such distribution has been done with respect to the modules, essentially if we look at the job of the cashiers, it’s a round the clock job and they would lose out on precious working hours if the training is done on an offline basis.

The simulations would definitely help understand the process but the on job training would be the one that is standing out, as they would be continuing their task and at the same time, the result is right in front on them to experience and therefore the distribution of the modules to not stress them out and at the same time not losing out on their time as well.

6 0
3 years ago
Prepare the financial statements for Smart Touch Learning for the month of December. Remember that the business started operatio
Rudiy27

Answer:

Smart Touch Learning

1. Income Statement

For the year ended December 31, 2016

Service Revenue                                  $27,600

Salaries Expense                        7,200

Depreciation Expense Furniture   100

Insurance Expense                       350

Utilities Expense                           380

Rent Expense                            2,000

Supplies Expense                          60    10,090

Net income                                            $17,510

2. Statement of Retained Earnings

Net income                   $17,510

Dividends                       (4,600)

Retained earnings       $12,910

3. Balance Sheet

As of December 31, 2016

Assets

Current Assets:

Cash                                             45,710

Accounts Receivable                     1,300

Office Supplies                                350

Prepaid Insurance                        1,050   48,410

Noncurrent assets:

Furniture                                       9,100

Acc. Depreciation - Furniture        (100)   9,000

Total assets                                              57,410

Liabilities and Equity

Current liabilities:

Salaries Payable                                       4,600

Unearned Revenue                                  4,400

Total liabilities                                           9,000

Equity:

Common Stock                                      35,500

Retained earnings                                   12,910

Total equity                                             48,410

Total liabilities and equity                      57,410

4. Statement of Cash Flows

Operating activities:

Net income                    $17,510

Add Non-cash flows:

Depreciation expense        100

Working capital changes:

Accounts Receivable      (1,300)

Office Supplies                 (350)

Prepaid Insurance          (1,050)

Salaries Payable             4,600

Unearned Revenue       4,400

Net operating cash    $23,910

Investing activities:

Furniture                     ($9,100)

Financing activities:

Common Stock          35,500

Dividends                    (4,600)

Net financing cash  $30,900

Net cash flows         $45,710

Explanation:

a) Data and Calculations:

SMART TOUCH LEARNING

Adjusted Trial Balance

December 31, 2016  

Account Title                                 Debit   Credit

Cash                                             45,710

Accounts Receivable                     1,300

Office Supplies                                350

Prepaid Insurance                        1,050

Furniture                                       9,100

Accumulated Depreciation - Furniture        100

Salaries Payable                                        4,600

Unearned Revenue                                  4,400

Common Stock                                      35,500

Dividends                                    4,600

Service Revenue                                   27,600

Salaries Expense                        7,200

Depreciation Expense Furniture   100

Insurance Expense                       350

Utilities Expense                           380

Rent Expense                            2,000

Supplies Expense                          60

Total                                        72,200   72,200

8 0
2 years ago
Bridgeport Inc. wishes to accumulate $1,092,000 by December 31, 2030, to retire bonds outstanding. The company deposits $168,000
Svetlanka [38]

Answer: $9,479

Explanation:

The number of periods = 10 years * 4 quarters = 40 periods

Interest per quarter = 10%/4 = 2.5%

$168,000 has been deposited. The value of this cash after 10 years is;

= 168,000 ( 1 + 2.5%) ^ 40

= $451,090.72

Out of $1,090,000, the amount remaining is;

= $1,090,000 - 451,090.72

= $638,909.28‬

They need to deposit an annuity per quarter to get to $638,909.28‬.

Future Value of Annuity = Annuity * ([1 + I]^N - 1 )/I

638,909.28‬ = Annuity * [(1+0.025)^40 - 1] /0.025

638,909.28 = Annuity * 67.40255

Annuity = 638,909.28/67.40255

= $9,479

5 0
3 years ago
If denied a loan, which of the following changes to your application process will not increase your chances of approval when you
fredd [130]

Answer:

a. Apply for a larger loan amount.

Explanation:

In the case when the loan is re-applied after rejecting so if we applying for a larger loan should be rejected even quickly. As if the financial insitution found that the smaller amount loan is been rejected so application made for larger amount of loan should not be helped out for approve. Also there is proper tracking of loans with regard to the customer names

Hence, the option a is correct

6 0
3 years ago
________ appeals help con­sumers make purchase decisions by offering factual informa­tion that encourages consumers to evaluate
Helen [10]

Answer:

Informational appeals

Explanation:

Informational appeals are an effective way to show and explain your product or service to your potential customers. A company usually uses three types of informational appeal, or a mixture of the three:

  1. highlight your product's benefits or attributes
  2. make a product demonstration or comparison against its competitors
  3. use celebrity testimonials, or regular people testimonials (depends on the budget)
7 0
2 years ago
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