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xxTIMURxx [149]
2 years ago
6

Ronald asked his boss how to wax the floors, but he didn’t understand the answer. He should ______.

Business
1 answer:
Natali5045456 [20]2 years ago
4 0

Answer:

C. Ask for clarification on how to wax the floors.

Explanation:

Rather than not do anything, or do it the wrong way, ALWAYS ask for clarification. You do not want to be seen as a sloppy, lazy, and or uncareful employee. Always ask questions to get the best outcome.

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You are considering two mutually exclusive projects. Project A has cash flows of −$72,000, $21,400, $22,900, and $56,300 for Yea
gladu [14]

Answer:

Choose Project A whose payback is 2.492 years and therefore falls within the 2.5 year required payback period.

Explanation:

Project A    

Year   Cash-flow   Balance

0    (72,000)    (72,000)

1    21,400     (50,600)

2    22,900     (27,700)

3    56,300     28,600  

Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}


= 2years + \frac{-(-27,700}{56300}=2.492 years

Project B      

Year  Cash-flow          Balance  

0    (81,000)    (81,000)

1    20,100     (60,900)

2    22,200     (38,700)

3    74,800     36,100  

Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}


= 2years + \frac{-(-38,700}{74,800}=2.517 years

5 0
2 years ago
When the first Pizza Hut opened its doors back in 1958, it offered consumers one style of pizza: its Original Thin Crust Pizza.
slega [8]

Answer:

<u>Monopolist competition</u>.

Explanation:

The market structure of monopolistic competition occurs when there are several companies offering similar products, which even though substitute products cannot be considered perfect substitutes. Monopolistic competition is characterized when in the market there are many sellers competing for a higher market position of some product or sector. This type of monopolistic competition is characterized by free entry to other companies, which makes it increasingly competitive in the pursuit of customer preference.

5 0
2 years ago
Oriole Company accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cos
Fynjy0 [20]

Answer:

$1.2 per mile

Explanation:

Computation of the variable cost per mile using the high-low method

Using this formula

Variable cost per mile = (Highest activity cost - Lowest activity cost)/(Highest activity - Lowest activity)

Let plug in the

Variable cost per mile= (14,721 - 13,503)/(8,510 - 7,495)

Variable cost per mile= 1,218/1,015

Variable cost per mile=$1.2 per mile

Therefore the Variable cost per mile will be $1.2 per mile.

6 0
2 years ago
Jacques lives in Denver and runs a business that sells guitars. In an average year, he receives $731,000 from selling guitars. O
Lesechka [4]

Answer:

Implicit cost

Explanation:

The rental income Jacques could receive if he chose to rent out his showroom instead of using the showroom for the operation of his guitar business will be classified as an<em> Implicit cost .</em>

<em>An implicit cost in business is a cost that results from the lost opportunity of not using a company's/business own resources excluding cash resources</em>. they are also seen as economic gain/profits sacrificed for not using the company's resources.

Jacques could use the showroom but when he decides to rent it out it becomes an implicit cost even though the rent generates revenue for him.

7 0
2 years ago
Bob martino is sanctioned by his state board of accountancy for his association with false and misleading financial statements o
lesantik [10]
I believe the least likely result is <span>The Securities and Exchange Commission could fine Bob..
</span>When Bob is working for someone, the owner of the establishment is the one that most likely to receive fine from the Securities and Exchange Comission since it would be very likely that Bob's just following his leader's order.
6 0
2 years ago
Read 2 more answers
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