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Sladkaya [172]
3 years ago
6

Ronnie operates a lawn-care service. On each day, the cost of mowing the first lawn is $15, the cost of mowing the second lawn i

s $25, and the cost of mowing the third lawn is $40. His producer surplus on the first three lawns of the day is $100. If Ronnie charges all customers the same price for lawn mowing, that price is
Business
1 answer:
OlgaM077 [116]3 years ago
6 0

Answer:

$60

Explanation:

The computation of price is shown below:-

Producer Surplus = Price paid by consumers - Production cost

$100 = Price - ($15 + $25 + $40)

$100 = Price - $80

Price for all = $100 + $80

= $180

Price Per consumer = Price for all ÷ First three lawns

= $180 ÷ 3

= $60

Therefore, for computing the price per consumer we simply divide first three lawn by price for all.

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The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activit
Varvara68 [4.7K]

Answer:

C

Explanation:

Mandatory or discretiinary

A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.

A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur

8 0
4 years ago
Compare and contrast the views of management and accountants regarding the changes required by the Sarbanes-Oxley Act on interna
MissTica

Answer and Explanation:

The SoX sarbanes oxley act of 2002 was enacted to address company fraud that was exemplary of Eron and worldcom and bring back the confidence held in the financial market

It was meant to increase the effectiveness of internal control in companies in keeping accounting records or financial reports reliable and fraud-proof. The SOX act increased the independence of company auditors making their reports more reliable as they didn't have to compromise because they were dependent on top managers. In addition top managers were held responsible for any fraud in accounting statements and so were to certify the reliability of reports released to the public

4 0
4 years ago
Implementing a marketing plan a. is the starting point of the marketing mix strategy to identify target markets. b. entails gaug
GalinKa [24]

Answer:

Letter a is correct. <u>Is the starting point of the marketing mix strategy to identify target markets.</u>

Explanation:

A marketing plan can be defined as a detailed document that contains the actions that a company must take to achieve its marketing objectives. Through this document, it is possible to carry out a planning for a product, service and brand.

The stage of implementing the marketing plan is the starting point for the company to outline specific marketing strategies, such as the marketing mix, which is a strategic tool used to achieve its marketing objectives in the target market.

The marketing mix model most used by companies is that of 4P: product, square, price and promotion, and for each of the variables there is a set of specific activities that integrated help to achieve objectives and goals.

Therefore, the implementation stage is extremely relevant for the company, it is necessary to adjust expectations in order to set real and possible goals to be achieved in a certain time, it is also important to assemble a team with qualified professionals for the execution of the plan, so that the actions correspond to the organizational values ​​and strategies. Communication is also essential for feedback, new ideas and suggestions.

It is important to note that a marketing plan is changeable, as several factors influence it to evolve and change, so it is necessary to have constant monitoring and evaluation, so that this is an effective strategy for the company.

7 0
4 years ago
Entitlement culture is the idea that __________________________. a. basic salaries are extra pay for sales performance rather th
Lunna [17]

Answer:

The correct answer is letter "D": bonuses are deferred salary rather than extra pay for extra sales performance.

Explanation:

In the corporate world, entitlement culture refers to the workers' beliefs that they deserve a series of privileges. This tends to happen during growth periods. Employees assume that the optimal situation of the firm has to do with their performances then, the organization owes them.

An idea that is commonly spread under such a scenario is that bonuses and commissions are deferred salaries and not extra payment for outstanding performance.

3 0
3 years ago
Harrington makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60%
GuDViN [60]

Answer:

Cash Collection is $122,000

Receivable as on August 31, is $97,000

Explanation:

Total budgeted cash collection in the month of August is $122,000 and total receivables as on August 31 is $97,000.

A schedule for the cash collection is made in MS Excel file, which is attached with this answer, please find it.

Download xlsx
5 0
3 years ago
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