Problem 5-5A a-c (Video)
Mary Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $24,000 in fixed costs to the $270,000 currently spent. In addition, Mary is proposing that a 5% price decrease ($40 to $38) will produce a 20% increase in sales volume (20,000 to 24,000). Variable costs will remain at $24 per pair of shoes. Management is impressed with Mary’s ideas but concerned about the effects that these changes will have on the break-even point and the margin of safety.
Compute the current break-even point in units, and compare it to
the break-even point in units if Mary’s ideas are used.
Current break-even point pairs of shoes
New break-even point pairs of shoes
Compute the margin of safety ratio for current operations and
after Mary’s changes are introduced. (Round answers to 0 decimal
places, e.g. 15%.)
Current margin of safety ratio %
New margin of safety ratio %
Prepare a CVP income statement for current operations and after
Mary’s changes are introduced.
BARGAIN SHOE STORE
CVP Income Statement
Current
New
Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Expenses
$
$
Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Expenses
Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Expenses
Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Expenses
Administrative ExpensesContribution MarginCost of Goods SoldFixed ExpensesGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Expenses
$
$
Would you make the changes suggested?
In: Accounting
Note that swapArrayEnds() does not need to return the result, as it makes changes to the array referenced by the parameter, which is the same array reference by the argument. On the other hand, removeTen() does not direct make changes to the array, but creates a new array, which requires to be made.
public class RemoveTen {
public static void main(String[] args) {
int[] nums = {1, 10, 10, 2};
swapArrayEnds(nums);
for(int i = 0; i < nums.length; i++)
System.out.print(nums[i] + " ");
int[] result = removeTen(nums);
for(int i = 0; i < result.length; i++)
System.out.print(result[i] + " ");
System.out.println();
for(int i = 0; i < nums.length; i++)
System.out.print(nums[i] + " ");
System.out.println();
}
public static void swapArrayEnds(int[] nums) {
/*FIXME Complete the implementation of the swapArrayEnds
method*/
}
public static int[] removeTen(int[] nums) {
/*FIXME Complete the implementation of the removeTen
method*/
}
}
In: Computer Science
Scenario
The Department of Technology is planning to replace the packaging machine in the graphic communication lab in the Spring of 2021. The one currently in use was purchased from ESKO in 2011 for $100,000. The installation of the machine was done by the facility department on campus with a price tag of $5,000, including the labor and all the necessary harness. The new machine to be purchased has a cutting table doubles the size of the old one, with a throughput capacity four times of the old machine.
Q1. According to the vendor, ESKO, the price for the new machine for academic usage is directly related to the machine’s throughput capacity (not its physical size). If the cost-capacity factor between 2011 and 2021 is 0.85, what will be the estimated purchase price of the new machine?
Hint. No cost indexing information is needed here as the vendor has already incorporated the time-related cost change into the price they charge for the new machine.
Q2. In order to estimate the cost of operations, the graphic communication area coordinator needs to estimate the time of usage in the class setting. If it takes 45 minutes to set up and finish cutting the first box, and the learning curve slope is 0.75 according to the past experience, how long will it take to set up and finish cutting the third box?
In: Finance
You are the CFO of a publicly held company and need to raise capital for the firm by issuing some kind of equity. Why would a firm want to issue both preferred stock and common stock rather than just one category of stock? Search an article or the Internet for an academic or industry-related article. Select an article that relates to these concepts in the context of doing business in Saudi Arabia. For your discussion post, your first step is to summarize the article in two paragraphs, describing what you think are the most important points made by the authors (remember to use citations where appropriate). For the second step, include the reference listing with a hyperlink to the article. Do not copy the article into your post and limit your summary to two paragraphs. Let your instructor know if you have any questions and enjoy your search. You need to reply to at least two of your peers’ answer posts to this discussion question. These replies need to be substantive and constructive in nature. They should add to the content of the post and evaluate/analyze the answer. Normal course dialogue doesn’t fulfill these two peer replies, but is expected throughout the course. Answering all course questions is also required.
In: Accounting
A. Roles in Career Development: What is the employee's role in the career development process? Themanger's role? The employer's role?
B. Career Development Activities: Give several examples of career development activities that employers can use to foster employee commitment. Does your current employer make use of any of these examples?
C. Linked-In: A growing number of recruiters and organizations are turning to Linked-In to strategically extend their global reach, speed recruitment, sourcing and cut costs (SHRM, 2010). Linked-In is the most used professional network, so whether you are looking for a job or looking to fill a job or improve your know-how through networking, this social media connection may be for you.
View the Linked-In video What is LinkedIn? at http://www.youtube.com/watch?v=IzT3JVUGUzM which is about 2.5 minutes in length; then, go to the social media website located at http://www.LinkedIn.com to find out more. What is your opinion of this social media solution? Do you already have an account? Is Linked-In for you? Why or why not?
Posting is to be 200-300 words in length and supported by at least two sources properly cited and referenced an academic journal article published within the last 3-5 years.
In: Finance
1. A high-school administrator who is concerned about the amount of sleep the students in his district are getting selects a random sample of 14 seniors in his district and asks them how many hours of sleep they get on a typical school night. He then uses school records to determine the most recent grade-point average (GPA) for each student. His data and a computer regression output are given below. (remember to do ALL parts).
Sleep (hrs) 9 8.5 9 7 7.5 6 7 8 5.5 6 8.5 6.5 8 8
GPA 3.8 3.3 3.5 3.6 3.4 3.3 3.2 3.2 3.2 3.4 3.6 3.1 3.4 3.7
(a) Do these data provide convincing evidence of a linear relationship between the hours of sleep students typically get and their academic performance, as measured by their GPA? Carry out a significance test at the α = 0.05 level. (10 points)
(b) Construct and interpret at 95% confidence interval for the slope of the regression of GPA on hours of sleep for seniors in this school district. (5 points)
(c) Can we conclude from these data that students’ GPA will improve if they get more sleep? Explain. (
In: Statistics and Probability
English 1
The topic of this essay is a current issue facing African Americans today.
Write a 4-1/2 to 5-page formal academic essay in which you choose two documentary/news photographs, two paintings, or two advertisements to analyze in a closed-form essay. Your two visual texts should have enough in common to facilitate meaningful comparisons. Show these images in your essay (if you are analyzing videos, you’ll need to show screen captures), but also describe your two visual texts in detail to highlight what you want viewers to see and to provide a foundation for your analysis. For this closed-form analysis, choose several key points of contrast as the focus. Your thesis statement should make a claim about key differences in the way that your chosen visual texts establish their purposes and achieve their persuasive effects.
What challenges do African Americans currently face?
What are current issues about race equality and how do we improve our society’s approach to these issues?
How are African Americans Discrimina Ted against in our society today?
What are solutions to resolve racial discrimination against African Americans?
In: Economics
NRS 434VN Topic 2 Assignment Assessment of the Child: Functional Health Pattern Analysis Worksheet
Details:
In this assignment, you will be exploring actual and potential health problems in the childhood years using a functional health assessment and Erickson’s Stages of Child Development. To complete this assignment, do the following:
While APA format is not required for the body of this assignment, solid academic writing is expected and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are not required to submit this assignment to Turnitin.
NRS 434 Topic 2 Collaborative Learning Community (CLC) Agreement
Details:
As a group, complete the “Collaborative Learning Community (CLC)
Agreement.”You are not required to submit this assignment to
LopesWrite.NRS-434VN-R-CLC-Agreement-Student.docx
In: Nursing
Directions This assignment will assess the competency 1. Evaluate the role of HR, 3. Examine organization capabilities for human resource management, & 4. Create a human resource capabilities model. As part of understanding the respective theories discussed and applying them to organizations to create a competitive advantage, you will have the opportunity to assess a particular aspect or aspects of the HR strategy at an organization and how the particular strategy supports the organization’s strategic business objectives. An introduction. An overview of the organization of your choice – briefly describe the nature of the organization including its history, products/services, size, and competition. The organization’s business strategy. The role of HR in contributing to the business strategy – What HR strategies are relevant in helping to foster the attainment of the business strategy? Recommendations – what are the effective practices, what else should be done, what can be done differently, etc? Conclusion Your final paper should be a 1200-1800 word APA style paper. Your content should be supported by no less than four academic/scholarly sources that are cited per APA 6th edition conventions. Your work should demonstrate your critical thinking skills, including analysis, synthesis, and evaluation.
Can you provide the refrences?
Thank you
In: Operations Management
Johanna and Ryan Younan 1.Johanna and Ryan Younan just put their two boys (grades 6 and 2) on their respective school buses for the first day of school and realized that they are growing up fast. As their financial planner, Johanna and Ryan called you and stated that they wanted to save, starting today, at the beginning of every month for the next six years (until the older child goes to college) to pay for one-half of school expenses for both children. You know that tuition, room, and board this year cost $18,000 at their selected school, and you expect 5 percent effective annual inflation for education expenses. Johanna and Ryan also said that they know the children’s grandparents are going to make a gift of $48,000 toward this cause in exactly three years. Assume that both children attend the same college for four years each. Also assume that the annual tuition bill is due at the beginning of each academic year, and the first payment is exactly seventy two months away. How much money will Johanna and Ryan need to invest on a monthly basis to meet their education goal assuming a required effective annual rate of 10.471 percent (10 percent APR with monthly compounding)?
In: Finance