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Volgvan
2 years ago
6

Cosmo has just made his dream come true of buying the property that his restaurant occupies. His excitement is short lived, howe

ver. He now realizes that he needs to come up with the extra money for the mortgage. Cosmo decides to rent out the storefront next to the restaurant for added income. After acquiring the property, Cosmo shifted his focus onto which aspect of goal-setting theory
Business
1 answer:
forsale [732]2 years ago
7 0

Answer:

Realistic aspect

Explanation:

Considering the scenario described in the question it can be concluded that Cosmo shifted his focus onto which REALISTIC aspect of goal-setting theory.

This is because following Cosmo making his dream come true of buying the property that his restaurant occupies, the idea that he could rent out the storefront next to the restaurant for added income is a REALISTIC Aspect of Goal Getting.

This implies that Cosmo is more realistic in terms of his financial abilities and willingness to work toward the goal of paying off the mortgage loan

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Healthy Foods Inc. sells 60-pound bags of grapes to the military for $15 a bag. The fixed costs of this operation are $90,000, w
astraxan [27]

Answer:

BEP units:   15,000 60-pounds bags

(B)

14,000 generates     6,000 loss

35,000 generates 120,000 net

(C) operating leverage: 2

(D) financial leverage: 1.63

(E) combined leverage: 3,26

Explanation:

\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio

Sales \: Revenue - Variable \: Cost = Contribution \: Margin

60 pounds sales price    =   $  15

60 pound cost: 60 x 0.15 =  $   9

Contribution Margin 6

\frac{Fixed\:Cost}{Contribution \:Margin} = Break\: Even\: Point_{units}

Fixed Cost 90,000

BEP units:   15,000

(B) profit at given level:

sales x margin - fixed cost = net profit

14,000 x 6 - 90,000  =  (6,000)

35,000 x 6 - 90,000 = 120,000

(C) operating leverage: change in EBIT / change in sales

income at 21,000 x 6 - 90,000 = 36,000

EBIT change:

120,000/36,000 = 3 + 1/3

Slaes change:

35,000/21,000 = 1 + 2/3

operating leverage:

(3 + 1/3) / (1 + 2/3) = 2

(d) financial leverage

<u>change in net income: </u>

(120,000 - 17,000) / (36,000 - 17,000)

103,000 / 19,000 = 103/19

<u>change in EBIT</u> 3 + 1/3 (already calculate

(103/19) / (3+1/3) = 1.626315789

(E) combined

2 x 1.626315789 = 3,252631578‬

6 0
2 years ago
Assume you are the COO of Barcelona Restaurants and you are in a heated disagreement with one of your restaurant managers over h
AlexFokin [52]

Answer:

The correct answer is letter "C": Accommodating.

Explanation:

By accommodating managers have to adjust their plans according to current situations happening at the workplace. Problematic situations must be solved quickly but they can also represent a chance to spot weaknesses of the organization that should be reviewed. If a method of working shall be modified or if there is a need to use the company's resources to make adjustments on the issue, top managers have the power to do so.

Thus, <em>accommodating will be useful for the COO of Barcelona Restaurants to join his method of working with one of the manager's style.</em>

7 0
2 years ago
Consider the markets for three products below. Indicate which characteristics of a competitive market are met by these markets.
Orlov [11]

Answer:

Market : Gasoline

b. Standardized good

c. Full information

e. Participants are price takers.

Market : Barbershop haircuts

a. Large number of buyers

c. Full information

Market : Bicycles

a. Large number of buyers

b. Standardized good

c. Full information

d. No transaction cost

Explanation:

The three markets will have different characteristics which will cause the competition. The Gasoline market has standardized product and the customers are price takers. Usually the prices are fixed for the products and there is no bargaining.

7 0
2 years ago
Optimization using total value calculates ________.
Jlenok [28]

Answer:

A

Explanation:

Optimization using total value calculates the total value of each feasible option and then picks the option with the highest total value.

Optimization using marginal analysis calculates the change in total value when a person switches from one feasible option to another, and the uses these marginal comparisons to choose the option with the highest total value.

Both gives identical answers.

Optimization can be implemented using many different techniques.

One of it, is Total value total benefit - total cost (net benefit).

It translate all cost and benefits into common units, like dollar per month.

Calculate the total net benefit of each alternative.

Pick the alternative with the highest net benefit.

7 0
2 years ago
Malik is employed by an architecture firm. Malik most likely works in
adelina 88 [10]

The correct answer is B. Pre-construction.

Pre-construction is the project which is done before construction starts.

In pre-construction a person evaluates the documents which are being associated with the project.

The person evaluates equipment and material expenses what they will cost, and time when the construction will be finished.

3 0
2 years ago
Read 2 more answers
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