Since there are no fixed costs in the long run, choice (c) is the correct one.
<h3>What is implicit cost?</h3>
You make the decision to forgo receiving a salary during the first two years in order to assist cover starting costs. Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange. In the field of economics, an implicit cost, also known as an imputed cost, implied cost, or notional cost, is the opportunity cost corresponding to what a company must forgo in order to employ a factor of production that it already owns and is therefore not subject to rental fees. In contrast, an explicit expense is one that is paid for up front.
<h3>Which is not an implicit cost?</h3>
Employee salaries serve as a direct variable cost that is dependent on the level of production; as such, they are an accounting expense rather than an implicit one.
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Answer:
False
Explanation:
A global company is a country that extends beyond the boundaries of the country of origin to carry out business activities but still maintain a consistent practice with the origin company
However , despite the its presence in other countries , the headquarters remains in the country of origin.
Moreover , it does not need to depend on the employees from the home country but rather from the host country.
Answer:
13.28%
Explanation:
The computation of the coupon rate is shown below
But before that determine the PMT
Given that
NPER = 12 × 2 = 24
RATE = 10% ÷ 2 = 5%
PV = $1,226.50
FV = $1,000;
The formula is shown below
= PMT(RATE;NPER;-PV;FV;TYPE)
After applying the above formula, the monthly payment is
= $66.41 × 2
= $132.82
Now the coupon rate is
= $132.82 ÷ $1,000
= 13.28%
Answer:
The correct answer is the option B: expatriate assignment.
Explanation:
To begin with, the term of <em>expatriate</em> refers to the person who is currently living abroad in a certain amount of time and primarily for work reasons. This professional worker takes a position outside her home country and that could be done as part of a work assignment scheduled by the employer of the individual. Moreover, expatriate assigment individuals also earn more money than the regular workers at home and furthermore the company generally helps the expatriate in relocation assistance and housing allowance.
Secondly, the case of Marika is a general example of expatriate assigment due to the fact that her company may have ordered her to leave for a period of time to other countries in order to find news and investigate about certain topics and in order to do that the company will pay her so she can do her job properly and then go back home and share her information with her colleagues.
Answer:
730 items
Explanation:
The objective of the given information is to determine the number of hamburgers UAHH should order for the following conditions:
Average daily demand 600
Standard deviation of demand 100
Desired service probability 99%
Hamburger inventory 800
The formula for a given order quantity in a fixed period of time can be expressed as :
![q = \overline d(L+T)+ z \sigma_{L+T}-I](https://tex.z-dn.net/?f=q%20%3D%20%5Coverline%20d%28L%2BT%29%2B%20z%20%5Csigma_%7BL%2BT%7D-I)
where;
= order quantity = ???
= daily demand average = 600
L = lead time in days = 1
T = time taken = 1
z = no of standard deviation = ???
= standard deviation of usage in lead time and time taken = ???
I = present inventory level = 800
=
× standard deviation of daily demand
= ![\sqrt{2} *100](https://tex.z-dn.net/?f=%5Csqrt%7B2%7D%20%2A100)
= 1.4142 * 100
= 141.42 items
From the Desired service probability 99% = 0.99; we can deduce the no of standard deviation by using the excel function (=NORMSINV (0.99))
z = 2.33
From ![q = \overline d(L+T)+ z \sigma_{L+T}-I](https://tex.z-dn.net/?f=q%20%3D%20%5Coverline%20d%28L%2BT%29%2B%20z%20%5Csigma_%7BL%2BT%7D-I)
![q =600(1+1)+ 2.33*(141.42)-800](https://tex.z-dn.net/?f=q%20%3D600%281%2B1%29%2B%202.33%2A%28141.42%29-800)
![q =600(2)+ 2.33*(141.42)-800](https://tex.z-dn.net/?f=q%20%3D600%282%29%2B%202.33%2A%28141.42%29-800)
![q =1200+329.5086-800](https://tex.z-dn.net/?f=q%20%3D1200%2B329.5086-800)
q = 729.5086 items
q ≅ 730 items
Therefore; the number of hamburgers UAHH should order from the following given conditions = 730 items