Answer:
(b) a loss of $750
Explanation:
Given;
Amount of spice mixture to be purchased = 1500 pounds
Price of spice mixture in 2014 = $5.00 per pound
Changed price of sugar mixture = $4.50 per pound
Now,
The amount to be received on the day of contract in 2014
= Amount of spice mixture to be purchased × Price of spice mixture in 2014
= 1500 × $5.00
= $7,500
and,
The amount to be received in 2015
= Amount of spice mixture to be purchased × Price of spice mixture in 2015
= 1500 × $4.50
= $6,750
The difference in Expected amount and the amount to be received
= $7500 - $6750
= $750
Since the amount to be received is less than the expected amount on the day of contract
Therefore,
a loss will be recognized
Hence,
the correct answer is option (b) a loss of $750
Answer:
The correct answer is option d.
Explanation:
When there is an increase in the government expenditures, the income in the economy will increase. As a result, the demand will increase. The increase in demand will increase the price level.
The suppliers will produce more. To increase output more capital investment will be required. This will further cause an increase in the demand of loan-able funds. So, the interest rate will increase as well.
With the increase in interest rates, the cost of borrowing will increase. This will lead to lesser capital investment and as a result the aggregate demand will be smaller, because of lower production and thus lower income.
The amount that that Azco Autosystems, Inc., can afford to spend on an energy management system is $80,744.
<h3>Present value</h3>
Using this formula
Present Value = A(P/A, 10%, 5)
Where:
A=$21,300
(P/A, 10%, 5)=3.79079
Let plug in the formula
Present Value = 21,300 (P/A, 10%,5)
Present Value = 21,300 (3.79079)
Present Value =80,743.8
Present Value = $80,744 (Approximately)
Inconclusion the amount that that Azco Autosystems, Inc., can afford to spend on an energy management system is $80,744.
Learn more about present value here:brainly.com/question/15904086
Answer:
This statement falls under Classical Management Theory
Explanation:
In this case, managers want to help customers in making their choices easy and simple for them. Yes, its very much true that too many choices create ambiguity, it becomes very hard for the customers to choose from overload of choices, that's the reason Apple only came with one phone model, iPhone. Furthermore, managers want employees to help customers, therefore, they have linked their motivation directly with the incentives and commissions, which directly falls under the classical management theory, which says that employees have certain economic and physical needs which they have to meet and fulfill. Moreover, classical management theory also helps us in the areas of leadership, specialization of labor, profits, and decision making. Here managers want to streamline their operations as well, which is also another feature of management theory.
