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3 years ago

Describe the auto industry in terms of the five market characteristics

Business

1 answer:

bonufazy [111]3 years ago

7 0

Answer:

comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. ... The word automotive comes from the Greek autos (self), and Latin motivus (of motion), referring to any form of self-powered vehicle.

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Subway, the sandwich shop, is run by Jim, Tim and Kim. When a customer arrives, Jim spends 5 minutes taking order from the custo

Marizza181 [45]

Answer:

22 minutes minimum time

Explanation:

In the given scenario Subway sandwich shop has given its processes and time of each process.

We are to calculate the minimum time it will take to process a order. So we add all the times

Below is breakdown of the process time

Jim take orders 5 minutes

Tim prepares bread and Kim prepares filling for the order 7 - 10 minutes. We use 7 minutes since we are looking for minimum time.

Jim then assembles the bread 5 minutes

Time delivers order and takes payment 5 minutes

Total time = 5 + 7 + 5 + 5 = 22 minuites

6 0

3 years ago

Why do we subtract depreciation in the calculation of EBIAT if we are going to add it back as the next step of the Free Cash Flo

vladimir1956 [14]

Answer: Depreciation is tax deductible

Explanation:

Depreciation on assets is recognized by tax authorities as an expense that a business actually incurs so when the income statement is calculated, depreciation needs to be removed as the expense that it is so that taxes can be calculated on the profit.

Depreciation however, does not take actual cash from the company i.e the company does not actually pay anyone cash for depreciation like most other expenses. It needs therefore to be added back to the Free Cash Flow because the FCF deals with how much actual cash the company has which is something that Depreciation being a non-cash expense did not reduce.

3 0

3 years ago

Mike's Motors Corp. manufactures motors for dirt bikes. The company requires a minimum $30,000 cash balance at each month-end. I

Lapatulllka [165]

Answer:

Mike's Motors Corp.

Cash Budget

July August September

Beginning balance $41,000 $30,000 $30,000

Cash receipts 92,000 118,000 157,000

Total cash available $133,000 $148,000 $187,000

Cash payments 120,000 106,900 134,400

Interest/Loan repayment 11,100 6,602

Cash balance 13,000 30,000 45,998

Cash to borrow 17,000 0 0

Minimum cash balance $30,000 $30,000 $30,000

Explanation:

a) Data and Calculations:

Minimum cash balance = $30,000

Interest rate on borrowings = 3% per month

Beginning cash balance = $41,000

Cash Budget

July August September

Beginning balance $41,000 $30,000 $30,000

Cash receipts 92,000 118,000 157,000

Total cash available $133,000 $148,000 $187,000

Cash payments 120,000 106,900 134,400

Interest/Loan repayment 11,100 6,602

Cash balance 13,000 30,000 45,998

Cash to borrow 17,000 0 0

Minimum cash balance 30,000 30,000 30,000

Loan repayment:

In August:

Interest is paid = $510 ($17,000 * 3%)

Loan is repaid = 10,590

Total paid = $11,100

Balance of loan unpaid = $6,410 ($17,000 - 10,590)

In September:

Interest on loan = $192 ($6,410 * 3%)

Loan repaid = 6,602 ($6,410 + 192)

6 0

3 years ago

Which adjective best describes you at work? a.unique b.orderly

UkoKoshka [18]

Answer:

Explanation:

being unique can be good at work but making sure you're organized doing your job is vital.

5 0

3 years ago

Moe is an average worker stuck on a team of complacent workers. Nick is an innovator who produces triple the amount of the avera

VLD [36.1K]

Answer:

Wyatt

Explanation:

High outcome interpendence is a concept that encourages cooperation between members on a team. It shows that if a team wins all members will benefit, and if the team fails all members will be adversely affected.

In this scenario Wyatt who is a slacker in the team of Nick will stand to gain more.

In a high outcome interpendence scenario Nick will be forced to improve on the performance of Wyatt in order to meet team objectives.

The other average workers will only gain a little from increased cooperation.

5 0

4 years ago