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Anton [14]
3 years ago
11

At Backstreet Books, Inc., the department manager uses a hand-held scanner to determine the quantity of each best seller the boo

kstore has on its shelves, how many copies of each book was sold the past week and the past month, and exactly when the next shipment of these books is expected to arrive. Backstreet Books embraces the strategy of _______.
Business
1 answer:
Alexeev081 [22]3 years ago
7 0

Answer: Using technology

Explanation: The backstreet books is using technology to say aware of the needs of customers and make their business operations more fast.

     In the given case, the company is using the scanner so that they can keep records of inventory and sales they made. They are using the technological advancement in their business operations for running the activities more efficiently.

The use of scanner for inventory and best selling book records will help the company to keep up with the demand of customers and also helps in future planning.

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Movie stars such as Salma Hayeck, Samuel L. Jackson, Dwayne Johnson, and Jennifer Lawrence are paid millions of dollars per movi
Sladkaya [172]

Answer:

False

The diamond-water paradox is illustrated by stating that the marginal benefit of the services provided by doctors and nurses is relatively lower than the marginal benefit of the services provided by major film stars.  This implies that the supply of doctors and nurses is larger than the demand while the demand for major film stars is larger than the supply.

Explanation:

The marginal utility derived by film consumers from major film stars is higher than the marginal utility derived by patients from doctors and nurses. This is because consumers of the services of major film stars are willing to pay more for the services than consumers of the services of doctors and nurses. Though health is more crucial to life than films, but consumers place more utility value on films than they do on their health, especially after attaining the basic sound health. This actually explains the diamond water paradox, where consumers value diamond and are willing to pay more for diamond than they are willing to pay for life-sustaining water. In a layman's language, people are more willing to value the satisfaction they derive from one more additional film than they are to value the satisfaction they derive from additional healthcare. That means that people only care for the basic in healthcare. But, they can stake more to acquire more diamond.

8 0
3 years ago
Two or more organizations that join forces in order to achieve advantages that neither can perform as well alone are known as __
SpyIntel [72]

Answer:

correct answer is Strategic allies

Explanation:

Strategic allies is a arrangement between 2 or more than 2 organization for undertaking mutual beneficial projects even both retain their independence.

as they have less complex than a joint venture  

and for improving their product and development competitor in the market , they can enter into a strategic alliance

so as that both organizations can work on common coal with benefit

so correct answer is Strategic allies  

5 0
3 years ago
The company estimates that it can issue debt at a rate of rd = 9%, and its tax rate is 40%. It can issue preferred stock that pa
klio [65]

Answer:

a)

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p)  = 10.53%

Cost of common stock (r_e) = 16.18%

b)

WACC = 14%

c)

project 1 and project 2

Explanation:

Given that:

Debt rate (r_d) = 9% = 0.09

Tax rate (T) = 40% = 0.4

Dividend per share (D_p) = $6

Price per share (P_p) = $57

Common stock price (P_0)= $39

Expected dividend (D_1) = $4.75

Growth rate (g) = 4% = 0.04

The target capital structure consists of 75% common stock (w_e), 15% debt (w_d), and 10% preferred stock  (w_p)

a)

Cost of debt (after tax) =`r_d(1-T)= 0.09(1-0.4)=0.09*0.6=0.054

Cost of debt (after tax) = 5.4%

Cost of preferred stock (r_p) = \frac{D_p}{P_P}=\frac{6}{57}=0.1053 = 10.53%

r_p = 10.53%

Cost of common stock (r_e) = \frac{D_1}{P_0} +g=\frac{4.75}{39} +0.04=0.1618

r_e = 16.18%

b)

WACC=w_dr_d(1-T)+w_er_e+w_pr_p\\WACC=0.15*0.09(1-0.4)+0.75*0.1618+0.1*0.1053=0.14

WACC = 14%

c) Only projects with expected returns that exceed WACC will be accepted. Therefore only project 1 and project 2 would be accepted

4 0
2 years ago
Crane Company distributes to consumers coupons which may be presented (on or before a stated expiration date) to grocers for dis
777dan777 [17]

Answer:

Liability of un-redeemed coupons Pending on December 31, 2018 is $60,000

Explanation:

Coupon already expired issued on Jan 01, 2018      

Coupon issued on 07/01/2018                                 <u>$830,000</u>

Estimated redeemable coupon value - 50%           $415,000

($830,000 * 50%)

Less : Disbursed                                                        <u>$355,000</u>

Liability pending on Dec. 31, 2018                         <u>$60,000</u>

4 0
3 years ago
Shelly’s preferences for consumption and leisure can be expressed as U(C, L) = (C – 100) * (L – 40). This utility function impli
ludmilkaskok [199]

Answer:

Explanation:

U(C, L) = (C – 100) × (L – 40)

(a) C = (w - t)[110 - L] + 320

C = 10[110 - L] + 320

C + 10L = 1420

where,

C- consumption

w - wages

t - taxes

L - Leisure

(b) Given that,

L = 100 then,

C = 420

MRS=\frac{MU_{L} }{MU_{C} }

MRS=\frac{C-100 }{L-40}

MRS=\frac{320}{60}

              = 5.33

(c) L = 110

C = 320

Reservation wage:

MRS=\frac{C-100 }{L-40}

MRS=\frac{220}{70}

= 3.14

(d) At optimal level,

\frac{C-100}{L-40}=\frac{10}{1}

C - 100 = 10L - 400

C - 10L = -300

C = 10L - 300

Using budget constraint:

C + 10L = 1420

10L - 300 + 10L = 1420

20L = 1720

L* = 86 and C* = 560

4 0
3 years ago
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