(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.

Foyert Corp. requires a minimum $7,900 cash balance. If necessary, loans are taken to meet this requirement at a cost of 2% inte

Makovka662 [10]

Answer:

Foyert Corp.

Cash Balance

October November December

Beginning balance $7,900 $7,900 $7,900

Outstanding loan 2% $3,900 $6,928 $6,066.56

Cash receipts $23,900 $17,900 $21,900

Cash disbursements $26,850 $16,900 $14,100

Interest payments $78 $138.56 $121.33

Ending balance $4,872 $8,761.44 $15,778.67

Required new loan $3,028 -$861.44 -$6,066.56

Final cash balance $7,900 $7,900 $9,512.11

At the end of the year, the company will have $0 loans and $9,512.11 in cash.

8 0

3 years ago

The transfer of existing mortgages between investors is the:___________

son4ous [18]

Answer:

Secondary mortgage market

Explanation:

The secondary mortgage market is a market in which the loan related to the home and the services rights are purchased and sold between the lenders and the investors

here the transfer is to be done with respect to the mortgages that are previously existed between the investors

Therefore in the given case, it is the situation of the secondary mortgage market and hence, the same is to be considered

3 0

4 years ago

An executive committee of a company includes one CEO, one General Manager, 3 Assistant General Managers, and 4 Executive Manager

Vesna [10]

Answer:

A decision will be taken based on unanimous consensus which should be a fall out of constructive considerations of all the possible angles.

Explanation:

Under usual circumstances, the executive committee should comprise of the chairperson, vice-chairperson, secretary, and treasurer.

This, however, depends on the organization's corporate governance rules.

Decision making at the executive level in healthy organisations is not made based on one's ability to wield power or by the person or persons who wield the most authority.

The best decisions are those which uphold the highest logic. They should be taken regardless of who has suggested it for this is the attribute of superior minds - the ability to submit to a higher logic or solution regardless of its source.

Cheers

4 0

4 years ago

LeBron's Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million,

gayaneshka [121]

Answer:

$1,820,000

Explanation:

Calculation to determine at what amount did LeBron's Bookstores report the discontinued operations

Using this formula

Discontinued operations=Net sales-Cost of goods sold -operating expenses - Income tax expense -After taxes

Let plug in the formula

Discontinued operations= $ 14 million-$8 million-$3 million-$900,000-$280,000

Discontinued operations=$1,820,000

Therefore what amount did LeBron's Bookstores report the discontinued operations will be $1,820,000

8 0

3 years ago

Assume that the labor market for barbers is competitive and that it is differentiated into two groups:

ehidna [41]

Answer and Explanation:

I will go through each and every option explaining the reasons and what option would be the best:

The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.

The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.

The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.

The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.

Hence the answer is D.

4 0

4 years ago