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jeka57 [31]
3 years ago
13

Joy's Java Café needs $4,000 cash per day for customer transactions. Joy has a choice between going to the bank first thing on M

onday morning to withdraw $20,000 - enough cash for the whole week - or going to the bank first thing every morning for $4,000 each time. Joy puts the cost of going to the bank at $3 per trip. Assume that funds left in the bank earn precisely enough interest to keep their purchasing power unaffected by inflation. Joy's Java Cafe is open 5 days a week for 50 weeks each year. When the inflation rate is 10% Joy goes to the bank everyday instead of once a week. Joy's annual shoe leather costs of inflation equal _.'
Business
1 answer:
mezya [45]3 years ago
8 0

Answer:

$600

Explanation:

Given:

Total number of week = 50 Trip

Each trip cost = $3

Number of working days in a week = 5

After 10% Inflation rate number of trip = 50 (one day in a week = 1 x 50 weeks )

Calculation:

Without inflation Trip = 50 trip x 5 Days

                                   = 250 trip

After Inflation = 250 - 50 Trips

                       = 200 Trips

Total cost = 200 x 3$

                 = $600

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Continued losses in an industry will cause some firms to reduce output or eventually leave the industry.
Oliga [24]

The statement " Continued losses in an industry will cause some firms to reduce output or eventually leave the industry " is True

Explanation:

The goal of all businesses is to reduced risk and reduce expenses while retaining productivity and deliver a good product at a consistent rate and cost.

Although company owners know how much they can deliver under optimum organisational and financial conditions, this volume is seldom consistently produced by most firms. Unexpected events inevitably lead to less than the expected amount.

For example, a computer may stop working, and employees can stop producing while waiting for machine repairs. In other situations, production is slowed down or halted by planned events.

5 0
3 years ago
What is meant by reconciliation, and how can it be useful as an input to staff ing planning? wuizlet
umka21 [38]

entails accepting predicted gaps and their most likely causes. They can be helpful in identifying areas to concentrate on and in responding to projected results for the organisational unit.

What is Staffing Planning?
A staffing plan is a strategic planning process used by a business to evaluate and identify its personnel needs (usually under the direction of the HR team). In other words, a solid staffing plan aids in your understanding of the quantity and variety of personnel your business requires to achieve its objectives.

To learn more about Staffing Planning
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7 0
2 years ago
The following estimates have been prepared for a project:Fixed costs: $27,000Depreciation: $18,000Sales price per unit: $4Accoun
Blababa [14]

Answer: $3.10

Explanation:

Accounting breakeven = Fixed costs / Contribution margin

Fixed costs = Fixed costs + Depreciation = 27,000 + 18,000 = $45,000

50,000 units = 45,000 / Contribution margin

Contribution * 50,000 = 45,000

Contribution = 45,000 / 50,000

Contribution margin = 0.9

Contribution margin = Sales - Variable cost

0.9 = 4 - Variable cost

Variable cost = 4 - 0.9

= $3.10

4 0
3 years ago
Cacioppo Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning
iogann1982 [59]

Answer:

$34.12

Explanation:

Fixed Overhead Rate = Estimated total fixed manufacturing overhead ÷ estimated the labor-hours for the upcoming year

                                    = $1,760,220 ÷ 66,000

                                    = $26.67 per labor-hour

Predetermined Overhead Rate:

= Variable Overhead Rate + Fixed Overhead Rate

= $7.45 per labor-hour + $26.67 per labor-hour

= $34.12

5 0
4 years ago
Susan recently quit working for a local firm and has yet to find a new job. She knows she can maintain her health insurance from
PtichkaEL [24]

Answer:

Susan will have to pay $525 for her health insurance.

Explanation:

The total amount paid to the health insurance is $200 by Susan and $325 by the employer which summed up to $525.

As now the employer is no longer paying the amount for the health insurance, so now Susan has to pay $525 herself for the health insurance.

7 0
3 years ago
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