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Phoenix [80]
2 years ago
11

Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families c

amping. the price for the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling must the rv be to reflect their ownership interest?
Business
1 answer:
Mazyrski [523]2 years ago
6 0
Tenancy in common is the answer
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Suppose that a delivery company currently uses one employee per vehicle to deliver packages. Each driver delivers 60 packages pe
lisabon 2012 [21]

Answer:

a. What is the MRP per driver per day?

  • the marginal revenue product per driver = 60 packages x $20 = $1,200 per day

b. Now suppose that a union forces the company to place a supervisor in each vehicle at a cost of $300 per supervisor per day. The presence of the supervisor causes the number of packages delivered per vehicle per day to rise to 60  packages per day What is the MRP per supervisor per day? By how much per vehicle per day do firm profits fall after supervisors are introduced?

  • if the drivers were already delivering 60 packages per day without the supervisor, then the addition of the supervisor doesn't change anything. So the MRP of the supervisor is $0. That means that the company's profits will decrease by $300 per day due to the supervisors.

c. How many packages per day would each vehicle have to deliver in order to maintain the firm's profit per vehicle after supervisors are introduced?

  • $300 / 20 = 15 packages per day
  • in order to maintain the profit per vehicle, each team of delivery man + supervisor should be able to deliver 75 packages per day.

d. Suppose that the number of packages delivered per day cannot be increased but that the price per deliver might potentially be raised. What price would the firm have to charge for each delivery in order to maintain the firm's profit per  vehicle after supervisors are introduced?

  • $300 / 60 = $5
  • the price of each package delivered should increase by $5 to $25 per package.
6 0
2 years ago
Randy owns a shoe company and recently retooled his company's marketing mix strategy. His new target market is wealthy, craftsma
omeli [17]

Answer:

To partner with a well connected socialite and older couple to endorse in his brand.

Explanation:

As Randy owns the shoe company, he has the right to change and decide the marketing strategies and also the mixes for the brand. He decides to fully change the market targeted for his brand. He now starts to focus on the old and wealthy skilled craftsman who seeks only quality. Thus now he needs to advance and take forward his new marketing mix, and target his new market. So, one of the best way or strategy is that he can use to support of his marketing mix is to make and ask an older and well connected and known socialite couple, of his partner,  to endorse and to promote his brand of his company in the market or even in the society. This will help him promote his new exclusive shoes collection and also he can target the old wealthy seekers easily.

5 0
2 years ago
Read 2 more answers
The following inventory was available for sale during the year for Tower Tools: Beginning inventory 10 units at $160 First purch
Veronika [31]

Answer:

The dollar amount of inventory at the end of the year according to the First-in, First-out method of inventory valuation is:

$6,600.

Explanation:

a) Data and Calculations:

Beginning inventory 10 units at $160   $1,600

First purchase          15 units at $220    3,300

Second purchase    30 units at $280    8,400

Third purchase        20 units at $260   5,200

Total                         75 units              $18,500

Ending inventory     25 units

Cost of goods sold  50 units

Ending inventory under First-in, First-out method:

20 units at $260 = $5,200

 5 units at $280 =     1,400

25 units               = $6,600

Cost of goods sold = Cost of goods available for sale minus ending inventory = $18,500 - 6,600 = $11,900

3 0
1 year ago
Baker Winery manufactures a fine wine in two departments, Fermenting and Bottling. In the Fermenting Department, grapes are aged
mezya [45]

Answer:

Answer for the question is given in the attachment.

Explanation:

3 0
2 years ago
The management team for Volcanic Batteries came up with the following vision statement: "VolcanicBatteries will conscientiously
Pepsi [2]

Answer:

c. triple-bottom-line approach

Explanation:

The triple-bottom-line approach is a framework with 3 parts: financial, social, and environment. Performance evaluation is more than just financial, it also incorporates social and environmental impacts of the business.

Volcanic batterie's vision statement has represented these 3 bottom lines

Financial- VolcanicBatteries will conscientiously track its financial performance to ensure profits for its investors

Social- enhance its community through employment and supporting charities

Environmental- and dispose of waste in amanner that will not harm the environment

6 0
2 years ago
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