1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sergij07 [2.7K]
2 years ago
12

Bette and Jamal are partners at a management consulting firm.

Business
1 answer:
kodGreya [7K]2 years ago
4 0

Answer:

Jamal

Explanation:

Given that

Number of required slides = 50 slides

Creating slides Per hour = 15 slides

Bill amount per hour = $750

So by considering the above information, Bette's opportunity cost of creating slides would be

= Bill amount per hour ÷ creating slides per hour

= $750 ÷ 15 per hour

= $50

For making 50 slides, the opportunity cost would be

= $50 × 50 slides

= $2,500

And, Jamal opportunity cost is 30% lower, so it would be  

= $50 - $50 × 30%

= $50 - $15

= $35

And, the billing rate is 25% higher, so it would be

= $750 + $750 × 25%

= $750 + $187.50

= $937.50

So in one hour, it would be

= $937.50 ÷ 35 slides

= 26 slides

Based on the creating slides, the Jamal gains a competitive advantage over Bette

You might be interested in
Jacob Corcoran bought 10,000 shares of Grebe Corporation stock two years ago for $24,000. Last year, Jacob received a nontaxable
Evgen [1.6K]

Answer:

Explanation:

Given that :

Jacob Corcoran bought 10,000 shares of Grebe Corporation stock two years ago for $24,000.

Last year, Jacob received a nontaxable stock dividend of 2,000 shares in Grebe Corporation, and

In the current tax year, Jacob sold all of the stock received as a dividend for $18,000.

The objective is to prepare a memo for the tax research file describing the tax consequences of the stock sale.

From the tax research file:

The gain on the sale of the 2,000 shares is calculated by the difference from the sales price and the shares sold.

I.e $24000 - $18000 = $6000

The tax rate on the $2000 = Purchase price of the shares/ (Original shares bought + new shares)

The tax rate on the 2000 shares = $24000/($10000+$2000)

The tax rate on the 2000 shares=  $24000/$12000

The tax rate on the 2000 shares=  $2 / shares

The Gain in the share = selling price - tax basis in the 2,000 new shares

The Gain in the share =  $18000 - $4000

The Gain in the share = $14000

∴

This is the long capital gain i.e  $14000

The memo in summary goes thus:

The amount of $24000 is being paid by you for 10000 shares of stock in Grebe Corporation in which a stock dividend of 2000 was received. However, the share is sold for $18000, the tax basis is deduced by dividing $24000 purchasing price by $12000(original price + new shares price) which resulted into a $2/ shares.  The $14,000 gain on the sale is a long-term capital gain. The gain on the sale is long term because the original Grebe stock has been held for more than one year.

5 0
2 years ago
What is the pricing objective of a firm that adjusts price levels so it can increase sales volume to match organizational expens
castortr0y [4]
The pricing objective of a firm that adjusts price levels so it can increase sales volume to match organizational expenses is survival. 
8 0
2 years ago
​Drive-Ins borrowed money by issuing $ 2 comma 500 comma 000 of 8 % bonds payable at 96.5. Interest is paid semiannually. Requir
Bogdan [553]

Answer:

I don't think he got any back

Explanation:

The money could have been a tip.

4 0
2 years ago
Advice from most financial advisers states to spend no more than 28% of one's gross monthly income for one's mortgage payment, a
Lena [83]

Answer and Explanation:

The computation is shown below:

a. For the maximum amount that spend each month on mortgage payment is

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 28%

= $924

b. . For the maximum amount that spend each month on total credit obligatons

= Gross annual income ÷ total number of months in a year × mortgage payment percentage

= $39,600 ÷ 12 months × 36%

= $1,188

c. Now the maximum amount spend for all other debt is

For monthly mortgage

= $924 × 70%

= $646.8

And, for mortgage debt

= $1,188 × 70%

= $831.60

4 0
3 years ago
June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exerci
Oksi-84 [34.3K]

Answer:

$30 is the best price for June and must pay an investor if it wants to buy back, or call, all or part of an issue before the maturity date and $40 will the best put option price to sell a given stock at a certain price at a certain time.

Explanation:

June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exercise prices, the call option with the $30 exercise price and the put option with the $40 exercise price will have the greatest value.

6 0
3 years ago
Other questions:
  • The cost principle is the basis for entering the purchase price into the accounting records.a. Trueb. False
    10·1 answer
  • The client at the HIV clinic has come in complaining of unintended weight loss with diarrhea lasting over the last month. How is
    7·1 answer
  • An analysis and aging of the accounts receivable of Yates Company at December 31 reveal these data:Accounts receivable $ 1,600,0
    6·1 answer
  • At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is
    9·1 answer
  • Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
    8·1 answer
  • Where do banks get money to lend to borrowers?
    7·2 answers
  • Lila Miller, who works for a large software firm, is four months pregnant and due for a promotion. However, her employer offers
    12·1 answer
  • After Sandra finishes making her list, she does a bit of research to learn about the different technologies available. She
    11·1 answer
  • Which of the following is not considered a special journal?
    11·1 answer
  • A company's structure should be aligned with:________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!