Answer: Investments are the process of investing money for profit or materials result
Explanation: Investments are important because you can make a lot of money if you have little money
Answer: Secondary source of market research (external source)
Explanation: when an individual makes use of public information which have been collected by others in his or her research, such source is refered to as a secondary source. It is also called eternal source in market research, this can be gotten from company's websites, market research reports, trade publications etc. All this information can easily be accessible using the internet at small to no cost at all.
So Jamie made use of secondary source (external source) in his market research assignment.
Answer:
$9,000 (Unfavorable)
Explanation:
The computation of the direct-labor rate/price variance is given below:
Given that
Actual time used = 45,000 hours
Actual cost of labor used = $639,000
Now
Actual rate = Actual cost of labor used ÷ Actual time used
= $639,000 ÷ 45,000
= $14.2 per hour
And,
Standard rate = $14 per hour
Standard time = 5 hours per unit
Actual output = 8,900 units
So, standard time for actual output = 8,900 × 5
= 44,500
Now
Direct labor rate variance = Actual time × (Standard rate - Actual rate)
= 45,000 × (14 - 14.2)
= $9,000 (Unfavorable)
Answer: $3,897.50
Explanation:
The profit that is to be shared on a pro rata basis will include:
a. The $84,000 profit from the remaining stores
b. 30% of the profit from Sacramento
c. 30% of the loss from San Francisco
= 84,000 + (0.3 * 76,800) + (0.3 * -29,500)
= $98,190
Reagan is to get 25% of the above as well as 70% of San Francisco losses.
= (0.25 * 98,190) + (0.7 * -29,500)
= 24,547.50 - 20,650
= $3,897.50
The answer is FALSE. Hope this helps.