Question 1 3 out of 3 points The Federal Reserve is the _____ of the United States. Answer Selected Answer: central bank Correct Answer: central bank Question 2 3 out of 3 points In the broadest sense‚ economics studies the choices that Answer Selected Answer: people‚ governments‚ and companies make in allocating resources. Correct Answer: people‚ governments‚ and companies make in allocating resources. Question 3 3 out of 3 points _____ is
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shoes: Sales $360‚000 Variable Expenses ($216‚000) Contribution Margin $144‚000 Fixed Expenses ($150‚000) Net Operating Loss ($6000) 2. Break even point in dollar sales for 12‚000 pairs: Fixed expenses / CM ratio = $150‚000 / 0.40 = $375‚000 3. Break even point in unit sales for 12‚000 pairs: Fixed expenses / unit CM = $150‚000 / $12 = 12‚500 * Refer to the original data. As an alternative to (4) above‚ the company is considering paying the store manager 50 cents commission on each pair
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Important Factors To Be Considered in Managing a Fine Dining Restaurant Table of Contents Title Page…………………………………………………………………………………………i Table of Contents...........................................................................................................................ii Chapter 1: The Problem and Its Setting Introduction………………………………………………………………………………..1 Theoretical and Conceptual Framework…………………………..………………………4 Statement of the Problem………………………………………………………………….5 Objectives of the
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http://www.bplans.com/fine_dining_restaurant_business_plan/financial_plan_fc.php#.UF10942PWM4 Executive Summary Gabri’s Lounge & Restaurant is a 60 seat fine-dining restaurant with a 20 seat lounge. We focus on our New American-Swedish menu with a touch of Asian influence. We will be located in the booming‚ and rapidly expanding‚ borough of Long Branch‚ New Jersey ’on the shore.’ The outlook for the future of Long Branch is promising. Developers are recreating a $150 million first-class
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in modern art began to develop into fine arts‚ where aesthetic considerations are paramount‚ are distinguished from acquired skills in general‚ and the decorative or applied arts (“Art‚” 2013). Sketch aesthetics‚ also known as esquisses‚ are preparatory sketches or paintings to quickly capture the idea of a painting (Myers‚ N.‚ (2000-2013). The aesthetic of the sketch in the nineteenth-century France). This process was used frequently throughout the time of fine art. The Raft of Medusa by Gericault
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This archive file contains BUS 250 Week 3 Assignment Case Study Government Regulation of Tobacco Products Business - General Business Case Study: Government Regulation of Tobacco Products Read the Government Regulation of Tobacco Products Discussion Case at the end of Chapter 8 in your text. In one to two pages‚ supported by evidence from your text and from other research‚ answer the following questions: Would you describe the orientation of Reynolds toward tobacco regulation
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Kudler Fine Foods - Internal Control and Risk Evaluation Internal controls are an integral part of a company to provide a foundation for a safe‚ sound and successful organization. According to COSO‚ “the three primary objectives of an internal control system are to ensure efficient and effective operations‚ accurate financial reporting and compliance with laws and operations” (COSO‚ 1999). Proper internal control programs can help Kudler’s managers to make decisions‚ progress evaluations and mitigate
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. In 1985 R. Foster Winans a columnist for “The Wall Street Journal” was convicted of giving information to two stock brokers he was writing and article about in his column “Heard On The Street. Foster was charged with insider trading. The stockbrokers make a whopping 690‚000 and Winans cut was 31‚000. I thin k this case does meet the requirements of inside trading established by the Supreme Court in the case U.S. vs. O’Hagen because the Foster leaked information about contents of a column
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In a joint-stock company an entrepreneur raises capital by issuing stock certificates of its ownership. This involves selling shares of the stock to investors that guarantee them the right to a certain percentage of the company’s profits. For example‚ suppose John holds shares of Mike’s Auto Repair Shop‚ which is a joint stock company. These shares give John a percentage of the vote on Mike’s management decisions‚ board elections‚ etc. The shares also give John unlimited responsibility for Mike’s
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Solution to Homework #3 4. a. Y 10 8 6 Optimal Solution X = 2.5‚ Y = 2.5 4 8 (2 2 .5) +1 2 (2 2 .5) =5 0 4 X 6 8 10 b. The value of the optimal solution to the revised problem is 8(2.5) + 12(2.5) = 50. Compared to the original problem‚ the value of the optimal solution has increased by 50 48 = 2. Thus‚ the dual value is 2. c. The right-hand side range for constraint 1 is 5 to 11. As long as the right-hand side stays within this range‚ the dual value of 2 is applicable. Since increasing
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