Under the chain’s nonprofit arm, the stores operated on a pay-what-you-can-model. A “pay-what-you-can-model” confuses many honest customers and encourages freeloaders and the dishonest.
Customers could pay as much or as little as they wanted for sandwiches, soups, and other menu items, which carried only suggested prices. The hope was that enough of them would “pay it forward” for those who were less well off.
Panera Cares cafe embarked on pay-what-you-can-model which is in contrast to a typical transaction in a store—one pays for something, one gets what one paid for—a “pay-what-you-can-model” is a lot more hazy transaction between buyer and seller, since it mixes the market with charity.
Therefore, the fact that, other businesses along the supply chain (i.g. framers, ranchers, veterinarians, etc.) are not run on charity, the pay-what-you-can-model cannot be used by profit oriented businesses.
What is a pay-what-you-can-model?Pay-what-you-can-model is a non-profit or for-profit business model which does not depend on set prices for its goods, but instead asks customers to pay what they feel the product or service is worth to them. It is often used as a promotional tactic, but can also be the regular method of doing business.
Therefore, the correct answer is as given above. That is, other businesses which are profit oriented cannot use pay-what-you-can-model since they are not charity establishment.
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If the straight-line method of amortization is used, the amount of unamortized premium on bonds payable will decrease as the bonds approach maturity.
A. True
B. False
Answer:
True
Explanation:
Amortization is simply the process by which an individual is paying or process of paying back a loan in equal monthly installments.The process of retiring a debt or recovering a capital investment through scheduled, systematic repayment of the principal is not that complicated.
The two ways involved in amortization is the straight line and the effective interest method of amortization.
Straight-line method of amortization is measured by the passage of time, and is the same amount for each year of the assets useful life.
In the United States, two forms of public incentives have been offered to improve employment rates. The Work Opportunity Tax Credit (WOTC) refers to one of these initiatives and is:____________.
a. A programs that applies specifically to long-term welfare recipientsc.
b. A mechanism by which employees are compensated when they are too sick to report to workc. None of the above
Answer: . A programs that applies specifically to long-term welfare recipients.
Explanation:
The Work Opportunity Tax Credit is a tax credit by the Federal Government that can be collected by the employers of an organization when such employer employs people from a particular targeted group.
It should be noted that such people employed usually face a lot of difficulties and barriers when they are looking for employment opportunities and the Federal Government is doing this so.as to encourage employers to employ such people.
A _____ chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.
Answer:
Bar chart
Explanation:
A bar chart can as well be regarded case a "bar graph", it can be explained as a chart/graph that gives the representation of categorical data as a
rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.
Target buys products from manufacturers and then resells them to consumers. As such, Target is which of the following
A manufacturing business
A promotional enterprise
A service business
A marketing intermediary
Answer:
intermediary
Explanation:
they do not make the products. they are a stopping point a product takes between manufacturing and consumer
Target buys products from manufacturers and then resells them to consumers. Target is a marketing intermediary. Thus, the correct answer is option D.
What is a marketing intermediary?Marketing intermediaries are independent businesses that help the flow of goods and services from producers to end users. Agents, wholesalers and retailers, marketing services agencies, physical distribution companies, and financial institutions are among them. It is also known as Middlemen.
Marketing intermediaries are companies that help businesses promote, sell through digital product catalogues, and deliver goods to customers. Traditional intermediaries are classified into four types: agents and brokers, wholesalers, distributors, and retailers.
Therefore, Target is a marketing intermediary.
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It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in the same firm. a. safer; safer b. safer; riskier c. riskier; safer d. riskier; riskier e. none of the above enter a, b, c, d or e
Answer:
b. safer; riskier
Explanation:
In Business management, there are two (2) main methods that business owners could use to finance their businesses and these includes equity and debt financing.
Generally, any business owner that uses equity to finance its business rather than relying on the use of debt, simply has a lower risk of going bankrupt.
Hence, it is safer for a company to issue equity than debt; it is riskier for an investor to buy equity in a company than debt in the same firm.
The equation for calculating the price elasticity of demand
O does not use percent change in the numerator and denominator.
O takes into account slope.
O uses percent change in both the numerator and denominator.
The equation for calculating the price elasticity of demand O uses percent change in both the numerator and denominator.
Call for is the amount of a terrific that clients are inclined and able to buy at diverse fees all through a given time. The relationship among rate and quantity call for is also known as the call for curve.
Demand is the amount of purchasers who are willing and in a position to shop for merchandise at various costs at some point of a given period of time. Demand for any commodity implies the clients' preference to gather the coolest, the willingness and potential to pay for it.
As instance, if a consumer is hungry and buys a slice of pizza, the first slice could have the finest gain or application.
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ABC company received a special order for 5000 untis at a sales price of 10 per unit. ABC normally sells these for 12 each. Each unit requires 6 of variable manufacturing costs, and each order what will the affect be on pre-tax income?
Answer:
The increase in pre-tax income 20,000
Explanation:
The fixed cost of production would remain the same whether or not the special order is taken, hence, irrelevant for the decision at hand.
The sale price for the special order=10
the variable cost per unit=6
contribution margin per unit from special order=10-6=4
The increase in pre-tax income=total contribution margin from special order
The increase in pre-tax income=5000*4
The increase in pre-tax income=20,000
Hence, accepting the order is worthwhile.
Which of the following is important for
your financial advisor to know?
The important details that your financial advisor should know are:
assets, liabilities, income, expensesThis would help your financial advisor to make informed evaluations of your finances to be able to give you sound advice about habits you should stop, where to invest, and other related information.
Who is a Financial Advisor?This refers to a person that is a professional thatprovides expertise for clients' decisions around money matters,
Hence, we can see that your question is incomplete, so I gave you a general overview to help you get a better understanding of the concept,
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16. Physical units accounted for are 160,000. Total conversion costs are $387,100. There are 4,000 units in ending inventory which are 50% complete as to conversion costs. How much is the conversion cost per unit
Answer: $2.39
Explanation:
Physical units accounted for = 160,000
Conversion cost = $387100
Number of units will be:
= 160,000 + 50%(4000)
= 160000 + 0.5(4000)
= 160000 + 2000
= 162000
Conversion cost per unit will be:
= 387100 / 162000
= $2.39
Consider the market for corn, What happens if there is an increased demand for corn tortillas and at the same time a new corn seed becomes available that dramatically increases the per-acre yield?
A. The change in price is indeterminate, quantity increases.
B. Price increases the change in quantity is indeterminate.
C. Price and quantity decrease.
D. The change in price is indeterminate quantity decreases.
Answer:
A)The change in price is indeterminate; quantity increases.
Explanation:
From the question, we are to Consider the market for corn, What happens if there is an increased demand for corn tortillas and at the same time a new corn seed becomes available that dramatically increases the per-acre yield. In this case ,The change in price is indeterminate; quantity increases.
Whenever there is is shift in supply as well as demand, the quantity or the price will definitely become indeterminate. Whenever demand as well as supply goes through the same direction, the price will definitely become indeterminate. The reason behind this is that when supply increases, demand decreases, also when there is increase in demand price increases.
What does gross domestic product mean
GDP or gross domestic product is the total market value of the finished product and services produced in a country in a specific time period.
Waterway Industries factors $3000000 of its accounts receivables without recourse for a finance charge of 3%. The finance company retains an amount equal to 7% of the accounts receivable for possible adjustments. Waterway estimates the fair value of the recourse liability at $310000. What would be the debit to Cash in the journal entry to record this transaction?
Answer: $2,700,000
Explanation:
The debit to Cash in the journal entry to record this transaction will be calculated as:
= $3,000,000 - [($3,000,000 × 3%) + ($3000000 ×7%)]
= $3,000,000 - ($3,000,000 × 0.03) + ($3000000 × 0.07)
= $3,000,000 - [$90,000 + $210,000]
= $3,000,000 - $300,000
= $2,700,000
Therefore, the debit to cash will be $2,700,000.
Balance this redox reaction
Br2+NaOH → NaBr02+NaBr + H2O
Answer:
2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O
Explanation:
Step-1:
Br₂ + NaOH → NaBrO₂ + NaBr + H₂O
Step-2:
Elements. LHS RHS
Br 2 2
Na 1 2
O 1 3
H 1 2
Step-3:
Elements L.H.S R.H.S
Br 2 × 2 4
Na 1 × 4 4
O 1 × 4 4
H 1 × 4 2 × 2
Step-4:
Elements L.H.S R.H.S
Br 4 4
Na 4. 4
O 4. 4
H 4 4
Step-5:
2Br₂ + 4NaOH → NaBrO₂ + 3NaBr + 2H₂O
-TheUnknownScientist
Explanation:
4Br2+NaOH →7 NaBr02+NaBr + H2O
The yield to maturity will be greater than the coupon rate when a bond is selling at a premium. true/false
Answer: False
Explanation:
When a bond is selling at a price that is above the Par value, it is said that the bond is selling at a Premium. This happens when the Coupon rate is higher than the Yield to Maturity.
The logic here is that the bond will be paying out more as coupon payments than the current yields in the market so it is a more attractive option that will command a higher price.
Customer complaints can be viewed positively as an opportunity to
A. give gifts away
B. identify unwanted customers
C. fix a problem
D. fire an unwanted employee who has made a mistake
Answer:fix a problem
Explanation I took test
Customer complaints can be viewed positively as an opportunity to fix a problem. Therefore, option (C) is correct.
Who are the customers?The term customer refers to that who buy goods and products from the shop or the business, these are as a customer there are different types of customers are being there who have different needs and services they need that can be under the business as customers buy and sell the things.
As we see the customer opportunity as well, we can see there are certain complaints are being there which have to be solved by the dealers as well by the fix the concerns as well, there are certain issues being there which have been solved by it. As we see that customer brings more opportunity to the business for them also to solve their problems on time is good.
Therefore, customer complaints are to be solved quickly, hence option (C) is correct.
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which business model sells goods or services to buyers who then resell or use them for business purposes?
The_______ sell goods or services to buyers who then resell or use them for business purposes.
Fill in blank and I will give brianly!!!l
Answer:
wholesalers, distributors and manufacturers.
Explanation:
Answer:
distributors
Explanation:
iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships. This website is an example of
Answer:
A web community.
Explanation:
A web community can be defined as an online or virtual community that comprises of a group of people (members) sharing common or similar interests and as such come together to communicate or interact frequently with one another on topical issues over the internet. Some of the channels used by the members to communicate regularly with one another are blogs, servers, bulletin boards, forums etc.
In this scenario, iVillage is a website for women that encourages its users to discuss health and beauty, parenting, personal finances, career management, and relationships.
Hence, this website is an example of a web community.
The market price of a semi-annual pay bond is $987.58. It has 14.00 years to maturity and a coupon rate of 7.00%. Par value is $1,000. What is the effective annual yield?
Answer:
7.12%
Explanation:
ffective annual yield = (1+i/m)m - 1
i = coupon rate = 7%
m = compounding frequency = 2
Effective annual yield = (1+0.07/2)^2 - 1
Effective annual yield = (1+0.035)^2 - 1
Effective annual yield = (1.035)^2 - 1
Effective annual yield = 1.071225 - 1
Effective annual yield = 0.071225
Effective annual yield = 7.12%
If the owner of a concert hall wishes to use third-degree price discrimination to price its tickets at $20, $15, and $10, it should price tickets lower for customers who
Answer: more elastic in their demand for tickets
Explanation:
Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.
Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.
Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.
The Family Restaurant chain had a 10% return on a $74,000 investment in new ovens. The investment resulted in increased sales and an increase in income that was 4% of the increase in sales. The increase in sales was:
Answer: $185,000
Explanation:
The 10% Return on investing in the oven is said to be the same as 4% of the increase in sales.
Return on oven = 10% * 74,000
= $7,400
$7,400 is 4% of increase in sales;
Increase in sales = 7,400/4%
= $185,000
How and why did you start your business?
Answer:
I started my business when i had a great idea
and i started to save and collect money from my parents until i reached the minimum charge for this project
Jack is a self-employed contractor. He uses his Ford F250 in his business. He does not have another vehicle for personal use. He wants to
claim the standard mileage rate for the business use of his pick-up. To do so he must keep records of the following, except:
Choose one answer a. Total mileage during the year
b. Cost of insurance for the pick-up.
c. Business mileage during the year
d. Commuting mileage during the year
For Jack to claim the standard mileage rate for the business use of his pick-up, he is not expected to keep the records of b. Cost of insurance for the pick-up.
Instead, Jack must record the total, business, and commuting mileage for the year. He does not need to record the cost of insurance to claim the standard mileage rate.
Thus, Jack can claim the standard mileage rate for the business use of his pick-up without the record of the cost of insurance.
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Identify which of the following is a drawback for charisma-based authority:__________a) Charismatic leaders often focus too much on efficiency in governingb) Charisma cannot be passed on from one leader to the next
c) A charisma-based leadership style tends to be inflexibled) People tend to react negatively to charismatic leaders
Answer:
B) Charisma cannot be passed on from one leader to the next
Explanation:
The Charismatic authority ican be regarded as leadership style whereby
authority is exercise as a result of
special personal qualities put up by individual so that he/she can be attractive enough to bring influence on large number of people. It should be noted that some of drawback of this leadership style is that Charisma cannot be passed on from one leader to the next
Drummond Corporation purchased machinery for $960,000 on January 1, 2014. Straight-line depreciation has been recorded based on a $60,000 salvage value and a 5-year useful life. The machinery was sold on May 1, 2018 at a gain of $18,000. How much cash did Peterson receive from the sale of the machinery
Answer:
$198,000
Explanation:
The computation of the cash received from the sale of machinery is shown below:
= ($960,000 - $60,000) × 1 ÷ 5years
= $18,0000 per annum.
Now for four years it would be
= $180,000 × 4 years
= $720,000 and
Till May 1, it would be
= $180,000 × 4 months ÷ 12 months
= $60,000
The value of the asset as on May 2018 is
= $960,000 - $720,000 - $60,000
= $180,000
Now the cash received is
= $180,000 + $18,000
= $198,000
On April 1, year 1, Mary borrowed $130,000 to re-finance the original mortgage on her principal residence. Mary paid 1 points to reduce her interest rate from 7% to 6%. The loan is for a 30-year period. How much can Mary deduct in year 1 for her points paid?
Answer:
Mary can deduct $1,300 in year 1 for her points paid.
Explanation:
a) Data and Calculations:
April 1, Amount borrowed by Mary to refinance the original mortgage on her principal residence = $130,000
Payment of 1 points to reduce Mary's interest rate from 7% to 6% amounts to 1% of $130,000 = $1,300.
b) Mary paying 1 points is beneficial to her since her interest cost is reduced from 7% to 6%. This implies that her total finance cost at the end of the 30-year period will be reduced.
When businesses buy goods and services from other businesses, they usually buy in large volume. Salespeople in the business-to-business market usually are paid on a commission basis;that is, they earn a certain percentage of each sale they make. Why might B2B sales be a more financially rewarding career area than consumer sales
Answer:
In simple words, the main reason behind the fact that B2B sales person earns more than a consumer salesman is that the former one have to sell to a less number of customers and in more volume. Generally, the transaction in business to business sales worth a lot of money ans the salesman gets a certain percentage for every sales made. Thus, his or her earnings remains greater than the consumer salesman.
Don is thinking of borrowing $10,000 from Hancock Whitney Bank. He promises Hancock Whitney cash flows of $5,000 every year for the next three years. If Hancock Whitney Bank's cost of capital is 10%, what is the present value of the stream of cash flows?
The present value of the stream of cash flows is $2,434.26.
What is the present value?Present value is the sum of discounted cash flows. The cash flows would be discounted using the cost of capital.
Present value = C / (1 + r)^n
Where:
C = cash flow r = cost of capital n = number of years-10,000 + [5,000 / 1.1] + [5000 / 1.1²] + [5000 / 1.1³] = $2,434.26
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At what constant, continuous rate must money be deposited into an account if the account is to contain $23000 in 7 years? The account earns 3.5% interest compounded continuously.
Answer:
You will need to contribute $2,856.55 at the beginning of each period to reach the future value of $23,000.00.
Explanation:
Future value of investment = $23,000
Number of period = 7 years
Interest rate = 3.5% compounded annually
Using an online finance calculator:
FV (Future Value) $23,000.01
PV (Present Value) $18,077.80
N (Number of Periods) 7.000
I/Y (Interest Rate) 3.500%
PMT (Periodic Payment) $2,856.55
Starting Investment $0.00
Total Principal $19,995.82
Total Interest $3,004.19
Based on a predicted level of production and sales of 19,000 units, a company anticipates total variable costs of $58,900, fixed costs of $38,000, and operating income of $34,240. Based on this information, the budgeted amount of variable costs for 17,000 units would be:____.
a. $72,240.
b. $58,900.
c. $52,700.
d. $108,144.
e. $38,000.
Answer:
Total variable cost= $52,700
Explanation:
Giving the following information:
19,000 units:
Total variable costs= $58,900
Fixed costs= $38,000
First, we need to determine the unitary variable cost:
Unitary variable cost= 58,900/19,000
Unitary variable cost= $3.1
Now, the total variable cost for 17,000 units:
Total variable cost= 17,000* 3.1
Total variable cost= $52,700
Which of these elements contributes toward globalization of the economy?
The element which contributes to the globalization of the economy is the use of foreign labor. Therefore, A is the correct option.
What is globalization?Globalization is the process of globalizing trade, goods, and services. Under this process, the trade, import, and export barriers are at a minimum. Not only the goods and services but the culture and customs of one country are also seen to be adopted by other countries under globalization. Globalization is the process of interacting with other countries by globalizing.
The process of globalization involves many ways including people-to-people contact such as visiting other countries; increasing trading by enhancing the value of imports and export; increasing the cultural contact between the countries such as Yoga which is an ancient wisdom of India is now becoming a part of the daily routine of many people around the globe.
Thus, the employment of foreign labor is a factor in the globalization of the economy. As a result, choice A is the best one.
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The given question is incomplete. The complete question is given below.
Which of these elements contributes toward globalization of the
economy?
A. Use of foreign labor
B. Import duties and tariffs
C. Anti-immigration policies
D. Opportunity costs