Answer: selling agent
Explanation:
A selling agent is an agent who sells a product for an economic agent such as an individual, firm or government and gets commission for the products sold.
Carla's Cards uses a selling agent to sell and market the entire line of greeting cards. It designs promotional plans, sets prices, determines distribution policies, and makes recommendations to Carla on product strategy.
To solve this problem, we should recall the
spending variance is expressed as:
Spending variance = Actual results - Flexible budget
Where,
Spending variance = $ 2,261 Unfavorable
Actual results = $ 31,178
Flexible
budget = 11,900 X
X represents the cost
formula per machine-hour for indirect materials. Substituting the values to the
equation:
2,261 = 31,178
- 11,900 X
- 11,900 X = - 28,917
<span>
</span>
<span>X = $ 2.43 (ANSWER)</span>
Answer: Critical thinking
Explanation: Critical thinking can be defined as the analysis of complex subject matters of the business. Critical thinking helps in betterment of business operations and lead to better client outcomes.
Critical thinking process is performed by the top level management with the intent of making decision that could affect the business overall.
Answer:
A) organizational innovation
Explanation:
Organizational innovation is defined as organizing a business in a different way in order to try to achieve competitive advantages. This requires the introduction of new ideas, products, services, technologies, processes, etc., into the business. A business that engages in organizational innovation is not necessarily generating or producing innovative products or services itself. This means that the way the business works and operates is changing, not that it is producing new products or services.
Answer:
$13.64
Explanation:
Given:
Exercise price,X = $100
Current price = $100
Value when price is up, uS = $120
Value when price is down, dS= $80
Risk free interest rate = 10%
First calculate hedge ratio, H:
Where,
Cu = uS - X
= 120 - 100
= $20
A risk free portfolio involves one share and two call options.
Find cost of portfolio:
Cost of portfolio = Cost of stock - Cost of the two cells.
= $100 - 2C
This portfolio is risk free. The table below shows that
_______________
Portforlio 1:
Buy 1 share $80; Write 2 calls: $0; Total: ($80 + 0) $80
____________________
Portforlio 2:
Buy 1 share: $120; Write 2 calls: -$40; Total: ($120 - $40) $80
Check for oresent value of the portfolio:
Present value
Value = exercise price - value of option
$72.73 = $100 - 2C
Find call option, C
Call option's value = $13.64