answer.
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
-BARSIC- [3]
2 years ago
14

A company owns an empty office building and is deciding how to use it next year. It would cost $100,000 to staff the office and

$15,000 for equipment. The revenues would be $160,000. Meanwhile, it could rent the office to another company for $75,000 in revenues. In both cases, the company must pay $5,000 for the building's electricity.
Required:
a) If the company is seeking to maximize its economic profit, which course should it pursue and what is the outcome?
Business
1 answer:
Galina-37 [17]2 years ago
5 0

Answer:

It is more profitable to rent the office. Income will increase by $30,000

Explanation:

Giving the following information:

It would cost $100,000 to staff the office and $15,000 for equipment. The revenues would be $160,000.

Rent= $75,000 in revenues.

We need to calculate the most profitable decision:

Option A:

Income= 160,000 - 100,000 - 15,000= 45,000

Option B:

Rent= 75,000

It is more profitable to rent the office.

You might be interested in
In​ 2011, the fixed costs of a company were​ $500,000, and its variable costs equaled​ $150,000. In​ 2010, the company made an a
Elina [12.6K]

Answer:

$650,000

Explanation:

The total cost of a company may be grouped into fixed and variable cost. The fixed cost remains constant at a given range of activity levels while the variable cost increases proportionately as the level of activities.

The total variable cost is the product of the unit variable cost and the number of units produced.

Hence, total cost in 2011

= $500,000 + $150,000

= $650,000

4 0
2 years ago
g During the past year, a company had cash flow to creditors, an operating cash flow, and net capital spending of $30,591, $69,5
brilliants [131]

Answer:

The company’s cash flow to stockholders during the year is $6,224

Explanation:

In this question, we are asked to calculate a company’s cash flow to stakeholders during a particular year.

To calculate this, we proceed as follows;

Change in Net Working Capital = Ending Working Capital – Beginning Working Capital

Change in Net Working Capital = $14,650 - $12,352 = $2,298

Cash Flow from Assets = Operating Cash Flow – Net Capital Spending - Change in Working Capital

Cash Flow from Assets = $69,573 - $30,460 - $2,298 = $36,815

Cash Flow to stockholders = Cash Flow from Assets – Cash flow to Creditors

= $36,815 - $30,591 = $6,224

5 0
2 years ago
Mr. Crane is the manager of a video production company. To maximize efficiency, he assigns associates to departments (e.g. film
frez [133]

Answer:

Mr. Crane must first draw the interests and abilities of the companions. Some of them might be logically very good and obsessive in some parts (film division, editing division, sound division, etc.) but they might be assign to some other division. This will enhance in their low level of satisfaction and motivation. This will also assist Mr. Crane in conveying the divisions as per comforts of the associate as possible.

Explanation:

Mr. Crane must achieve an unidentified Response Survey between staffs so that their disquiets and problems can be carried out. Some individuals might not give this response openly.

Mr. Crane must also look at some of the work structures which are very serious for employee’s job satisfaction:

  • Operational time (Are Associates working long hours?)
  • Pay and compensation (Are they paid less than market rates?)
  • Training and learning opportunities
  • Traditional and sport actions to keep staffs involved
  • Inspiration from leaders

Mr. Crane must find out the points through above methods and effort to discourse them so that staffs feel pleased and motivated. He can also initiate Rewards & Recognition program to escalate good workers. This will also improve their motivation.

8 0
2 years ago
Ariana loves new electronic products, but she also wants to make sure she gets a good value for her money. Therefore, she typica
qwelly [4]

Answer:

This question lacks answers. Here they are:

A) ​Early adopter  

B) ​Early majority  

C) ​Innovator  

D) Late majority  

E) ​Laggard

Answer is B) <em>​Early majority  </em>

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0
2 years ago
Psychology majors at the state college consist of 40 percent males and 60 percent females. The psychology department is conducti
weqwewe [10]

Answer:

proportionate stratified random sampling

Explanation:

When you use a proportionate stratified random sample, you must assign every stratum of the total population a sampling fraction proportional to its size. Since 60% of the psychology students are women, then 60% of the samples will come from women.

8 0
2 years ago
Other questions:
  • A simple index of three stocks have opening values on day 1 and day 8 as shown in the table below. What is the rate of change of
    15·2 answers
  • If current output is $40b less than Potential GDP, how much would congress need to decrease taxes by to correct this short-run e
    15·1 answer
  • Meyer &amp; Smith is a full-service technology company. They provide equipment, installation services as well as training. Custo
    9·1 answer
  • Herbal Organics used actor and former NFL player Sweet Dave Brown to act as its spokesperson as the "Herbal Organics Man." It fi
    15·1 answer
  • On January 2, 2021, Hanson Leasing Company leases equipment to Foley Co. with 5 equal annual payments of $240,000 each, payable
    8·1 answer
  • The two processes that must occur before moving forward to planning the project are:
    7·1 answer
  • Jacob is a customer whose sales region code is 14. He had bought goods worth $150 from ABC company in June. He does not have dea
    7·1 answer
  • Jeff Kaufmann’s machine shop sells a variety of machines for job shops. A customer wants to purchase a model XPO2 drilling machi
    7·1 answer
  • National Family Opinion (NFO) contacts several hundred members of its consumer panel and provides them with a printed descriptio
    8·1 answer
  • The project manager of a task force planning the construction of a domed stadium had hoped to be able to complete construction p
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!