The sooner you need the money, the less risk you will be willing to take on.
If you have until you retire, you may be more willing to gamble on riskier investments for the potential of bigger returns because if it doesn't work out you will still have plenty of time to make up the loss. However, if you need the money sooner for a car you should only take on a minimal amount of risk.
Answer:
c. It should process further because the reduction in the cost of the trees is irrelevant.
Explanation:
For the purpose of this Decision,
Benefit of processing further = Sales Value after processing – Sale Value before processing – Further Processing costs
Cost of acquiring trees is a sunk cost already incurred and hence is not relevant
Hence, benefit of processing = (0.80-0.20)*350 – 50
= $160
Hence, the answer is
c. It should process further because the reduction in the cost of the trees is irrelevant.
Answer:
b. steel purchased by the aircraft manufacturers.
Explanation:
An intermediate good is a producer good or semi-finished good that is used as an input in the production process in the manufacturing of other goods such as finished goods. An example of an intermediate good in the options given above will be steel that is purchased by the aircraft manufacturers. Steel is a partly finished good used in producing aircraft, as a final or finished good.
Answer:
Revenue = 240000×49= 11,760,000
Variable manufacturing expense = 240000×20 = 4,800,000
Sales commission expense = 240000×8 =1,920,000
Fixed manufacturing overhead = $2,400,000
Fixed operating expenses = 245,000
Sales promotion = 140000
Profit = 2,255,000
Answer:
Since Mrs. O'Malley disenrolled form the plan because she was moving away to a location that was not served by the company, Agent Higgins compensation should not be affected.
If Mrs. O'Malley (or any other client) leaves the plan before the 3 month period because she decides to go back to her former provider since she doesn't like this plan (for whatever personal reason), then the company would be able to recoup Agent Higgins's compensation.
