The mass of Earth is 5.972 * 1024 kg, and the radius of Earth is 6,371 km. The mass of the moon is 7.348 * 1022 kg, and the radius of the moon is 1,737 km. The centers of the Earth and the moon are separated by 384,400 km.
In: Physics
Larry sells three different popular dinner packages at varying price to appeal to a range of guests these are:
| Yellow Rose Package | $29.95 |
| White Rose Package | $39.95 |
| Golden Rose Package | $49.95 |
Help him complete the spreadsheets and then answer the questions that follow:
| Yellow Rose Package | White Rose Package | Golden Rose Package | ||||
| Item | Cost ($) | Item | Cost ($) | Item | Cost ($) | |
| Appetizer | Minestrone | 1.25 | Onion soup | 1.70 | Crab cake | 2.25 |
| Entrée | Roast chicken | 2.25 | Braised beef ribs | 4.25 | Filet mignon | 6.50 |
| Side | Yellow rice | 0.25 | Roasted redskins | 0.65 | Duchesse potatoes | 0.75 |
| Side | Steamed broccoli | 0.50 | Bacon green beans | 0.75 | Béarnaise asparagus | 0.95 |
| Bread | Dinner rolls | 1.00 | Basil loaf | 1.25 | French loaf | 1.55 |
| Dessert | White cake | 0.75 | Almond torte | 1.25 | Poached pears | 1.85 |
| Beverage | Coffee/tea | 1.25 | Coffee/tea | 1.25 | Coffee/tea/house wine | 4.40 |
| Total cost | Total cost | Total cost | ||||
| Food cost % | Food cost % | Food cost % | ||||
a. What would be Larry’s food cost percentage if 100 % of his guests chose the Yellow Rose package?
Answer:
b. What would be Larry’s food cost percentage if 100 % of his guests chose the White Rose package?
Answer:
c. What would be Larry’s food cost percentage if 100 % of his guests chose the Golden Rose package?
Answer:
d. What would be Larry’s total food cost percentage if one-third of his guests chose each of the three different packages he offers?
Answer:
In: Accounting
Rajab has a bookstore near a sea shore, which is insured for €150,000 under a commercial property insurance policy. The policy contains an 80 percent coinsurance clause. Rajab’s bookstore suffered a loss worth €100,000 due to tsunami. If the replacement cost of the bookstore at the time of loss is €250,000, how much will he collect from his insurer? Rajab will collect €Answer for the loss from his insurer.
In: Finance
Acme Materials Company manufactures and sells synthetic coatings that can withstand high temperatures. Its primary customers are aviation manufacturers and maintenance companies. The following table contains financial information pertaining to cost of quality (COQ) in 2019 and 2020 (in thousands of dollars):
| 2019 | 2020 | ||||||
| Sales | $ | 16,500 | $ | 20,500 | |||
| Materials inspection | 350 | 65 | |||||
| In-process (production) inspection | 165 | 130 | |||||
| Finished product inspection | 300 | 75 | |||||
| Preventive equipment maintenance | 25 | 65 | |||||
| Scrap (net) | 550 | 350 | |||||
| Warranty repairs | 750 | 500 | |||||
| Product design engineering | 155 | 320 | |||||
| Vendor certification | 15 | 65 | |||||
| Direct costs of returned goods | 325 | 85 | |||||
| Training of factory workers | 45 | 145 | |||||
| Product testing—equipment maintenance | 65 | 65 | |||||
| Product testing labor | 260 | 95 | |||||
| Field repairs | 75 | 45 | |||||
| Rework before shipment | 290 | 205 | |||||
| Product-liability settlement | 410 | 65 | |||||
| Emergency repair and maintenance | 250 | 80 | |||||
QUESTIONS:
1. Classify the cost items in the table into cost-of-quality (COQ) categories. Calculate the ratio of each COQ category to revenues in each of the 2 years.
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2. Calculate the percentage change in each COQ category and total COQ and comment on the results:
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In: Accounting
Company Z had the following transactions in its first year of operations:
(1) On January 15, purchased 5,000 units of inventory for $20 each
(2) On March 1, purchased 10,000 units of inventory for $22 each
(3) On March 30, sold 7,000 units of inventory for $48 each
(4) On June 20, purchased 9,000 units of inventory for $25 each
(5) On August 10, sold 12,000 units of inventory for $50 each
(6) On September 3, sold 1,000 units of inventory $49 each
Company Z records transactions using a perpetual system. Calculate the cost of goods sold and ending inventory using (1) average cost, (2) FIFO, and (3) LIFO.
Company Z asks you to advise them on which inventory method to use. What method would you choose if the company wants to take out a loan from a bank in the near future that requires the company to meet a large threshold for its current assets’ value? What method would you choose if the company has a near-term investment opportunity that requires more cash on hand? Explain your answers.
In: Accounting
Describe the externalities associated with a football stadium
compared with
an amusement park. Which would have greater positive externalities?
Which
would have greater negative externalities?
In: Economics
Please answer each question in 350-500 words.
If you were running the organization(Hotel Management Group), what changes would you make and why?
In: Operations Management
1-Explain the difference between promotion and advertising.
2-Why might it make sense for a hotel chain to shift some of its advertising dollars to public relations?
In: Operations Management
Please answer each question in 350-500 words.
If you were running the organization(Hotel Management Group), what changes would you make and why?
In: Operations Management
The following linear regression model can be used to predict ticket sales at a popular water park (the correlation is significant).
Ticket sales per hour = -631.25 + 11.25(current temperature in °F)
Choose the statement that best reflects the meaning of the slope in this context.
Group of answer choices
The slope is slippery.
The slope tells us that a one degree increase in temperature is associated with an average increase in ticket sales of 11.25 tickets.
The slope tells us that if ticket sales are decreasing there must have been a drop in temperature.
The slope tells us that high temperatures are causing more people to buy tickets to the water park.
In: Statistics and Probability