Which of the following is the best definition of a bit?

A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How

Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷ 67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0

1 year ago

You have purchased 1 million shares in a restaurant chain venture. At this zero-stage investment, your company’s assets are $110

Drupady [299]

Answer:

(a) 1,370,000 shares

(b) 42.19%

Explanation:

Given that,

Shares in a restaurant chain venture = 1,000,000 shares

Price of each share = $1.00

(a) To raise the additional $1,370,000:

Shares will you need to sell:

= Additional amount ÷ Price of each share

= $1,370,000 ÷ $1.00

= 1,370,000 shares

(b) No. of Shares After investment:

= Shares need to sell + Shares in a restaurant chain venture

= 1,370,000 + 1,000,000

= 2,370,000 shares

Therefore, the fraction of the firm will you own after the VC investment:

= (Shares in a restaurant chain venture ÷ No. of Shares After investment) × 100

= (1,000,000 ÷ 2,370,000) × 100

= 0.4219 × 100

= 42.19%

3 0

2 years ago

Records at Hal’s Accounting Services show the following costs for year 1. Direct materials and supplies $ 40,000 Employee costs

ruslelena [56]

Answer:

See answers below

Explanation:

a. Direct materials & supplies $40,000 = $40,000 × 110%

= $44,000 × 20,000/25,000

= $35,200

Employee costs = $2,900,000 × 105%

= $3,045,000 × 20,000/25,000

= $2,346,000

Variable overhead = $600,000 × 100%

= $600,000 × 20,000/25000

= $480,000

Fixed overhead = $700,000 × 105%

= $735,000

b. Total costs per unit year 2 =

$3,596,000 / 20,000

= $179.81

6 0

1 year ago

What is the maximum period of time that a personal services contract for temporary consultant services may be awarded?

Kisachek [45]

Answer: 1 year

Explanation: According to the Defence Federal Acquisition Regulation under 237.106, personal service contracts that apply to consulting or expert services will be limited to one year. However this will only apply to duties that are temporary (limited to 1 year, or 12 months), or non cumulative days (needs to be 130 days or more that are broken up within a year). During this time the officer contracting the service will enter into a contract, make an order, or exercise options for various services that do not exceed 1 year.

6 0

1 year ago

Pricing objectives are derived from broader marketing objectives. Organizations using a multisegment marketing approach to marke

spin [16.1K]

Answer:

True

Explanation:

An organization that makes use of multisegment marketing approach is undoubtedly a big company that have established name for itself. This means that, the organization or company is well known and that it is an household name in the industry. Therefore, such company has the capacity of using multisegment marketing approach.

But a small company will only make use of one pricing method, this is to attract people to its products. And avoid competing with the established organizations. So, in the process, creating name for itself.

8 0

2 years ago