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2 years ago

"The importance of floriculture is increasing day by day in Nepal." Justify this statement.

Business

1 answer:

Stells [14]2 years ago

8 0

Answer:

Initially Nepal only worked in potting bud plants and pots. Later in time, Nepal's first floriculture association came into existence which gave rise to the plantation of different kinds of flowers. Floriculture is known to be the plantation and growth of flowers.

Following the growth of flowers, Nepal saw growing profit in terms of sales of flowers inside and outside of Nepal. It was a cause of employment, mostly for women, and was able to feed several households in Nepal.

The figure grew and grew and female entrepreneurship came into existence which catered to products made of whole flowers and petals of flowers. Most of the economy of Nepal flourished due to their flower industry and that is something to say for.

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The Heinlein and Krampf Brokerage firm has just been instructed by one of its clients to invest $250,000 of her money obtained r

AVprozaik [17]

Answer: provided in the explanation segment

Explanation:

step by step process followed according.

The following is assumed as the decision variables:

a = Value of Dollars invested in Municipal Bonds

b = Value of Dollars invested in Thompson Electronic Inc

c = Value of Dollars invested in United Aerospace Corp

d = Value of Dollars invested in Palmer Drugs

e = Value of Dollars invested in Happy Days Nursing Home

Objective or Goal Function:

Maximize M = 5.3 a + 6.8 b + 4.9 c + 8.4 d + 11.8 e

Subjected to the conditions or constraints:

Constraint 1: Amount came from selling land in Ohio

a + b + c + d + e <= 250000

Constraint 2: Municipal bonds must be at least 20% of the total investments, hence

a >= 0.2 (a+b+c+d+e)

Constraint 3: Electronic + Drug + Aero Space must be at least 40 % of the total funds, hence

b + c + d >= 0.4 (a + b + c + d + e)

Constrain 4: e <= 0.5 a

All these decision variables must be non negative. That is:

a >= 0, b >= 0,c >= 0, d >= 0, and e >= 0

Open Excel, Click the Data menu in the main menu bar

click Solver on the top right corner just below the Data Analysis

Enter the above formulae in objective cells

Now, in the set objective box, enter the cell reference of the cell having the formula

It is asking you to set the Target cell , equal to Maxima or Minima

Once the values are formed in to an augmented matrix, can formulate it as a Linear Programming (LP) model

Tabulate those values and follow the North West corner method to climb down like a ladder

Start at the cell c11, check the neighbors c12 and c21 - if you can fit the values satisfying the constraints, fit it there - if not climb down to c22 and repeat the same for the neighbors of the new cell - viz c23 and c32 and then climb down to c33 and repeat the same untill the results is obtaine

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2 years ago

The city wants to pave the road in front of Sam Smith's house. Sam has 110 front feet. The cost to pave is $35 a linear foot and

Anna71 [15]

Answer:

$1,443.75

Explanation:

The total cost for paving Sam's portion of the road = $35 per linear foot x 110 front feet = $3,850

If the city is going to pay 25% of the total cost, then it will pay $962.50, that would leave a total of $2,887.50 to be paid between Sam and his front neighbor. So Sam's share = $2,887.50 / 2 = $1,443.75

4 0

2 years ago

Southern Rim Parts estimates its manufacturing overhead to be $396,000 and its direct labor costs to be $990,000 for year 1. The

S_A_V [24]

Answer:

Southern Rim Parts

Journal Entry:

Account Title Debit Credit

Work-in-process inventory $9,760

Finished goods inventory 24,400

Cost of goods sold 63,440

Manufacturing overhead $97,600

To record the prorated under-applied overhead cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead = $396,000

Estimated direct labor costs = $990,000

Actual manufacturing overhead = $434,000

Actual direct labor costs = $841,000

Predetermined overhead rate = estimated overhead/estimated direct labor costs = $396,000/$990,000 = $0.40 per DL

Applied overhead:

Work-in-process inventory $ 33,640

Finished goods inventory 84,100

Cost of goods sold 218,660

Total overhead applied = $336,400

Underapplied overhead = $97,600 ($434,000 - $336,400)

Prorating the underapplied overhead to:

Work-in-process inventory $33,640/$336,400 * $97,600 = $9,760

Finished goods inventory 84,100/$336,400 * $97,600 = $24,400

Cost of goods sold 218,660/$336,400 * $97,600 = $63,440

Total underapplied overhead = $97,600

5 0

2 years ago

Alice worked for Fountain Valley, Inc., a corporation that manufactured baby supplies. According to her employment contract with

earnstyle [38]

Question Completion with Answer Options:

A. Yes, according to the terms of her contract.

B. Yes, according to the duty of good faith and fair dealing.

C. No, according to the at-will termination provision in her contract.

D. No, because subsequent conduct of the parties modified the contract.

Answer:

Fountain Valley, Inc. and Alice

B. Yes, according to the duty of good faith and fair dealing.

Explanation:

Alice is entitled to the bonus of $10,000 because the duty of good faith and fair dealing requires Fountain Valley not to deny Alice the benefits arising from their valid contract. Since Alice's employment contract included a 5% bonus of all sales in excess of the previous 12 months' sales, the Fountain Valley, Inc. should not deny Alice's claim to the benefits.

b) Employment contract terms = $78,000/year plus 5% bonus of all sale in excess of the previous 12 months' sales. The value of sales in 2017 is $200,000 more than in 2016. 5% of $200,000 = $10,000. Therefore, Alice is entitled to the bonus.

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2 years ago

Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his f

IgorLugansk [536]

Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his firm's mission and vision, while making as much money as possible for the firm and conforming to the basic rules of the society. He ensures that his actions embody ethical custom. In this scenario, Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.

Explanation:

Utilitarianism is a ethical theory which talks about the right and the wrong actions of an individual.This theory advocates that the action that brings happiness to the society and also increases the utility in the society as a whole is called a morally correct action.

This theory was proposed by Jeremy Bentham and John Stuart Mill.

In simple words an action is termed as right if it promotes happiness in the society and is termed bad it it brings unhappiness in the society

So we can say that Matthew's view of corporate social responsibility is most likely rooted in the <u>Utilitarian </u>tradition.

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2 years ago