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3 years ago

Role o vision, mission,and objectives in entreprenial development in Nigeria businesses? Pls describe

Business

1 answer:

-Dominant- [34]3 years ago

3 0

Answer:

Developing a vision and mission statement is crucial to the success of community initiatives. These statements explain your group's aspirations in a concise manner, help your organization focus on what is really important, and provide a basis for developing other aspects of your strategic plan

Explanation:

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The spot price of silver is $12.75 per ounce. The storage costs are proportional and equal to 1.95% per ounce per annum continuo

sveticcg [70]

Answer:

Spot and Future Prices

The future price of the silver for delivery in 9 months is:

= $13.85.

Explanation:

a) Data and Calculations:

Spot price of silver per ounce = $12.75

Storage costs per ounce per annum = 1.95% compounded continuously

Storage costs in 9 months = $0.19 ($12.75 (1.95% * 9/12)

Total cost = $12.94 ($12.75 + $0.19)

Interest rate = 9.4% per annum

Interest rate for 9 months = 7.05% (9.4%*9/12)

Future price of the silver for delivery in 9 months = $13.85 ($12.94 * 1.0705)

7 0

3 years ago

After economics class one day, your friend suggests that taxing food would be a good way to raise revenue because the demand for

Tamiku [17]

Answer:

The correct answer is letter "B": False.

Explanation:

Deadweight Loss is a term used in economics that explains the loss to society as a result of market inefficiencies. When supply and demand are out of equilibrium, markets are inefficient. Often, government policies can cause deadweight loss.

Taxes generate deadweight loss because the total price of a product, which includes tax, may be higher than the price that customers are willing to pay. <em>Thus, a tax on goods with elastic demand is likely to create more deadweight loss that taxes on foods with regular demand.</em>

4 0

4 years ago

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

rjkz [21]

Answer:

Allocated MOH= $188,627

Explanation:

Giving the following information:

Estimated overhead= $241,800

Estimated direct labor hour= 6,800

Actual direct labor-hours were 5,300.

First, we need to calculate the estimated overhead rate:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 241,800/6,800= $35.59 per direct labor hour.

Now, based on actual direct labor hours, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 35.59*5,300= $188,627

6 0

3 years ago

A competitive firm has been selling its output for $20 per unit and has been maximizing its profit, which is positive. Then, the

Lina20 [59]

Answer: c. marginal revenue is higher than it was previously.

Explanation:

Marginal revenue is higher than it was previously.

Marginal Revenue is the additional revenue that is generated by selling one more unit, In a Competitive market Firms are price takers meaning the can only adjust quantity and not the price.

The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously

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3 years ago

A recent survey found that 60% of all adults over 50 wear sunglasses for driving. in a random sample of 20 adults over 50, what

laila [671]

Mean: 13.8 standard deviation:2.06833266

6 0

4 years ago