Would you pay more for a product of equal quality if it were made in America?

Answers

Answer 1

A majority of Americans, and many are prepared to pay more for them, prefer to purchase goods created in the United States over those made elsewhere, according to various polls.

The choice to spend more for an American-made item of equivalent quality is a personal one that is based on personal values and priorities. Some consumers might be more inclined to spend extra in order to support domestic business, generate domestic employment, or for patriotic reasons.

Others may prioritize affordability and opt to purchase things that are created elsewhere at lower prices. It's important to keep in mind that the resurgence of the "Made in America" trend can raise the price of several goods, including apparel and electronics.

Learn more about on America, here:

https://brainly.com/question/11699464

#SPJ4


Related Questions

1. The reasons of using social media & technology are different according user’s
objectives. Especially for the businesses, they need the budget for distributing the
product’s news to the customers. Characterize FIVE (5) social media IMPACT
towards Small Medium Enterprise in Malaysia. (10 Marks)

Answers

There are various reasons for using social media and technology, which depend on the user's objectives. Businesses require a budget for disseminating their products' news to customers. This paper describes five social media impacts on small and medium-sized enterprises (SMEs) in Malaysia.

Social media is a powerful tool for SMEs in Malaysia to reach out to their customers. Following are the five social media impacts on small medium enterprises in Malaysia:

1. Improve Brand Awareness: Social media platforms have enormous potential for promoting businesses. They help in enhancing brand recognition, increasing brand visibility and reaching a broader audience with their content. Social media marketing also allows SMEs to develop their unique brand identity that distinguishes them from competitors.

2. Increase Web Traffic: Social media is an excellent tool for driving web traffic to a company's website. SMEs in Malaysia can improve their web traffic by sharing links to their website on their social media pages.

3. Better Customer Engagement: Social media platforms have become a two-way communication channel between businesses and their customers. SMEs in Malaysia can use social media to connect with their customers, listen to their feedback, and respond to their queries.

4. Cost-Effective Marketing: Social media platforms offer cost-effective marketing solutions to SMEs. They can advertise their products and services at a much lower cost than traditional advertising methods.

5. Increased Sales: Social media can play a significant role in boosting sales for SMEs in Malaysia. Social media provides businesses with an opportunity to target their ideal customers and generate leads. SMEs can leverage social media platforms to create campaigns that appeal to their target audience and encourage them to make purchases.

Learn more about brand recognition: https://brainly.com/question/32367148

#SPJ11

An entrepreneur decides to open a fish burger restaurant in a highly competitive area where many fish restaurants operate. He plans to involve customers in the service and creates an enjoyable ceremony for them. Which strategy is he using? O Differentiation - Customer Service O Differentiation - Product O Cost Leadership O Blue Ocean Strategy

Answers

The entrepreneur who decides to open a fish burger restaurant in a highly competitive area where many fish restaurants operate, plans to involve customers in the service and creates an enjoyable ceremony for them is using the Differentiation - Customer Service strategy.

Differentiation is the technique used to make a company's product or service stand out from the competition. Differentiation is the process of distinguishing a product or service from others in the market to make it more desirable to potential customers.

Customer service is the act of taking care of the needs and demands of customers by providing professional, helpful, and high-quality service before, during, and after a purchase. Customer service entails everything from assisting customers with orders to resolving their concerns and grievances.

Differentiation strategy refers to the ability of a company to separate itself from its rivals in a meaningful way. Differentiation strategy is an approach in which a company develops specific product or service features that distinguish it from its competitors. Differentiation - Customer Service is a strategy that helps a company stand out from its competitors by providing exceptional customer service.

To learn more about Differentiation - Customer Service strategy

https://brainly.com/question/32230148

#SPJ11

Discuss the challenges of career planning given the statistic that college graduates will ""face five to seven career changes"".

Answers

The fact that college graduates will "face five to seven career changes" presents significant challenges for career planning. This means that it is increasingly important for individuals to have a well-defined plan for their career path in order to navigate through this reality.

First, career planning can be challenging due to the constant shifts and changes in the job market. The demand for certain skills may change, and new jobs may emerge while others may disappear. This creates a need for continuous learning and adaptation to remain competitive. Secondly, the traditional linear career path has been replaced by a more fluid and flexible career model.

Many graduates may work in jobs that do not align with their degree or education background. Therefore, the focus of career planning should be on acquiring transferable skills that can be applied in multiple industries rather than solely on specific job titles. Thirdly, career planning must be a dynamic process that evolves with the individual. It is important to be open to new opportunities, to continually assess and evaluate one's skills, and to take proactive steps to enhance those skills. As a result, career planning is not a one-time event, but an ongoing process that requires effort and time. In conclusion, the challenges of career planning arise due to the fact that individuals must navigate through a constantly changing job market and career landscape. By focusing on acquiring transferable skills, remaining flexible, and being proactive, graduates can be better equipped to manage the challenges and changes that come with multiple career transitions.

To know more about graduates visit:

https://brainly.com/question/17181100

#SPJ11

A speculator has bought a 5-year single-name Credit Default Swap (CDS) on a reference entity in which the speculator is the party paying the periodic spread. Since buying the CDS, the creditworthiness of the reference entity has improved, and the likelihood of default by the reference entity has decreased. The speculator will therefore make a mark-to-market gain on the CDS.

Answers

The speculator will therefore make a mark-to-market gain on the CDS is true. A Credit Default Swap (CDS) is a form of credit derivative. It offers an insurance-like service that allows investors to hedge against credit risks and the possibility of default.

A Credit Default Swap (CDS) is a type of swap contract in which the protection seller guarantees the buyer of the CDS protection against credit risk. Credit risk refers to the probability of default or the probability of not receiving payment on an obligation on time. A speculator has bought a 5-year single-name Credit Default Swap (CDS) on a reference entity in which the speculator is the party paying the periodic spread. Since buying the CDS, the creditworthiness of the reference entity has improved, and the likelihood of default by the reference entity has decreased. The speculator will therefore make a mark-to-market gain on the CDS.

The price of the CDS will increase as a result of the improvement in creditworthiness. The speculator's mark-to-market profit is determined by the amount that the CDS price has increased from the time of purchase to the present day. The speculator would have profited from the decrease in the credit risk of the reference entity. As a result, the speculator will receive a higher price if he sells the CDS on the secondary market.

To know more about  Credit Default Swap visit-

brainly.com/question/22312750

#SPJ11

During 2012, Bascom Bakery Inc. paid out $23855 of common dividends. It ended the year with $194723 of retained eamings versus the prior year's taimed namings of $125578 How much net income did the firm eam during the year?

Answers

Bascom Bakery Inc. earned a net income of $92,000 during the year 2012.

Use this formula to calculate the net income of Bascom Bakery Inc. during 2012:

Net Income = Retained Earnings at the End of the Year - Retained Earnings at the Beginning of the Year + Dividends Paid

Retained Earnings at the Beginning of the Year (prior year) = $125,578

Retained Earnings at the End of the Year = $194,723

Dividends Paid = $23,855

Net Income = $194,723 - $125,578 + $23,855

Net Income = $92,000

Therefore, the net income is $92,000 during the year 2012.

Learn more about net income https://brainly.com/question/32614743

#SPJ11

2.- Seat has a debt–equity ratio of 1
Its WACC is 10 percent, and its cost of debt is 5 percent.
The corporate tax rate is 25 percent.
Find cost of equity capital
What is the unlevered cost of equity capital?
What would the cost of equity be if the debt–equity ratio was 2?

Answers

To find the cost of equity capital, we can use the formula:

Cost of Equity = WACC - (Debt/Equity) * (WACC - Cost of Debt) * (1 - Tax Rate)

Given that Seat has a debt-equity ratio of 1, WACC of 10%, cost of debt of 5%, and a corporate tax rate of 25%, we can substitute these values into the formula:

Cost of Equity = 10% - (1/1) * (10% - 5%) * (1 - 0.25)

= 10% - 5% * 0.75

= 10% - 3.75%

= 6.25%

So the cost of equity capital for Seat is 6.25%.

To find the unlevered cost of equity capital, we need to remove the impact of debt from the cost of equity calculation. The unlevered cost of equity is the cost of equity assuming the company has no debt. In this case, the unlevered cost of equity would be equal to the cost of equity capital:

Unlevered Cost of Equity Capital = 6.25%

If the debt-equity ratio was 2, we can use the same formula to find the new cost of equity:

Cost of Equity = 10% - (2/1) * (10% - 5%) * (1 - 0.25)

= 10% - 10% * 0.75

= 10% - 7.5%

= 2.5%

So if the debt-equity ratio was 2, the cost of equity would be 2.5%.

To know more about  equity refer here

brainly.com/question/14770156#

#SPJ11

Brown Company is considering the purchase of Orange Company. Orange Company has supplied the following information: Book Value of Identifiable Assets: 882000 Estimated Market Value of Identifiable Assets: 759000 Total Liabilities: 208000 Total cumulative net cash earnings for the past eight years of 583000 includes extraordinary cash gains of 78000 and nonrecurring cash losses of 74000. Brown Company expects a return on investment of 15%. Brown uses cash earnings to estimate its offering price and it estimates valuation of Orange to be equal to the present value of cash-based earnings, discounted over 8 years. 1. The offering price that Brown is willing to pay is 324769.9 0324768.3375 and goodwill associated with this amount is 226230.10 X 2. If final purchase price is 888000, the amount of goodwill actually recorded is 329000 x

Answers

The offering price that Brown is willing to pay for Orange Company is $324,769.90, with associated goodwill of $226,230.10. If the final purchase price is $888,000, the amount of goodwill actually recorded is $329,000.

1. The offering price that Brown is willing to pay is $324,769.90, and the goodwill associated with this amount is $226,230.10.

Brown Company determines its offering price based on the present value of cash-based earnings, discounted over 8 years, and their desired return on investment of 15%. The total cumulative net cash earnings for the past eight years are $583,000, which includes extraordinary cash gains of $78,000 and nonrecurring cash losses of $74,000. To calculate the offering price, Brown discounts these cash earnings over 8 years at a rate of 15% and arrives at a present value of $324,769.90. The goodwill associated with this offering price is the difference between the offering price and the estimated market value of identifiable assets, which is $226,230.10.

2. If the final purchase price is $888,000, the amount of goodwill actually recorded is $329,000.

In this scenario, the final purchase price of Orange Company is $888,000. The goodwill actually recorded is calculated by subtracting the estimated market value of identifiable assets from the final purchase price. The estimated market value of identifiable assets is $759,000, as provided. Therefore, the goodwill actually recorded is $888,000 - $759,000 = $329,000.

Learn more about purchase price

https://brainly.com/question/20164907

#SPJ11

According to principles of behavioral economics, we as human beings tend to put undue weight on recent events and too little weight on far off events (or benefits). As an example, we as human skipping our daily exercise routine to watch TV NOW is more compelling than NOT skipping your daily exercise routine and watching TV LATER. O True O False

Answers

True. According to principles of behavioral economics, we as human beings tend to put undue weight on recent events and too little weight on far off events (or benefits).

According to principles of behavioral economics, humans tend to exhibit a cognitive bias known as "present bias" or "hyperbolic discounting." This bias refers to our tendency to prioritize immediate rewards or benefits over larger, delayed rewards or benefits.

In the given example, choosing to watch TV now and skipping the exercise routine is more compelling because the immediate pleasure of watching TV outweighs the long-term benefits of maintaining a healthy exercise routine.

This bias can have significant implications in decision-making, as it often leads to choices that prioritize short-term gratification over long-term goals. It can hinder our ability to make rational and optimal decisions that align with our long-term well-being or objectives.

The statement is true. The human tendency to place greater importance on immediate events and rewards, while undervaluing future events and benefits, is a well-documented phenomenon in behavioral economics.

To know more about economics, visit

https://brainly.com/question/15298961

#SPJ11

Present value) What is the present value of the following future amounts? a. $900 to be received 9 years from now discounted back to the present at 9 percent. b. $300 to be received 6 years from now discounted back to the present at 8 percent. c. $1,000 to be received 12 years from now discounted back to the present at 3 percent. d. $1,200 to be received 5 years from now discounted back to the present at 18 percent. a. What is the present value of $900 to be received 9 years from now discounted bagk to the present at 9 percent S(Round to the nearest cent.)

Answers

The present value of $900 to be received 9 years from now, discounted back to the present at 9 percent, is approximately $436.38.


To calculate the present value of future amounts, you can use the formula for present value:

Present Value = Future Value / (1 + Interest Rate)^n

Where:
Future Value = Amount to be received in the future
Interest Rate = Discount rate
n = Number of years

a. $900 to be received 9 years from now discounted back to the present at 9 percent:
Present Value = $900 / (1 + 0.09)^9
Present Value = $900 / (1.09)^9
Present Value ≈ $436.38 (rounded to the nearest cent)

Learn more about present value here:

https://brainly.com/question/14860893

#SPJ11

A service can be defined as "any activity or benefit that one party can offer another that is essentially intangible and that does not result in the ownership of anything."
A. TRUE

B. FALSE

Answers

A. TRUE. A service can be defined as "any activity or benefit that one party can offer another that is essentially intangible and that does not result in the ownership of anything.

A service can be defined as an activity or benefit that one party offers another. A service does not result in the ownership of anything. Instead, it provides intangible value to the recipient of the service. A service can be considered an activity that is performed to produce a certain outcome.

A service does not result in the possession of a physical object, but rather the results of the activity performed. As such, a service is generally considered intangible. A product, on the other hand, is something that can be touched, held, and possessed. Products are tangible and can be owned by the purchaser.

To know more about ownership visit:-

https://brainly.com/question/29410850

#SPJ11

For a construction contractor, the wages of carpenters would be classified as factory overhead cost.

a. true
b. false

Answers

The statement is False.

Factory overhead costs include indirect expenses incurred in manufacturing operations. Factory overhead expenses include indirect materials and labor, rent, insurance, property taxes, and other expenses incurred in the manufacturing process. These costs are indirect and cannot be directly linked to the production process. The wages of carpenters would not be classified as factory overhead cost because carpenters are directly involved in the construction process. The wages of carpenters would be classified as direct labor costs.

Direct labor costs are the expenses associated with workers who are directly involved in the production process. Wages, salaries, overtime pay, bonuses, and other expenses paid to workers who are directly involved in the production process are considered direct labor costs. Carpenters, electricians, masons, and other construction workers are all examples of direct labor. Direct labor costs are used to calculate the cost of goods sold (COGS) and are an essential part of any business's profit and loss statement.

To conclude, the statement "For a construction contractor, the wages of carpenters would be classified as factory overhead cost" is False.

To know more about Construction Contractor visit:

https://brainly.com/question/31718196

#SPJ11

The Statement of Changes in Shareholders' Equity for Creative Minds Inc. for the year ended December 31, 2020, was as follows: Creative Minds Inc. Statement of Changes in Shareholders' Equity For the Year Ended December 31, 2020 Total Common Retained Shareholders' Shares Earnings Equity Balance, December 31, 2019 $225,000 $140,000 $365,000 Net loss ($60,000) ($60,000) Cash dividends ($25,000) ($25,000) Issuance of shares 40,000 $40,000 Stock dividends 50,000 ($50,000) $0 Balance, December 31, 2020 $315,000 $5,000 $320,000 Required: 1. The opening balance of total shareholders' equity was $ 2. Common shares increased during the year by $ 3. In total, how much cash did the owners of Creative Minds Inc. receive during 2020 as a return on their investment? 4. What dollar impact did the stock dividends have on total shareholders' equity? $ 5. At the end of 2020, how much income has Creative Minds Inc. retained in the business (that is, not given back to its shareholders) since its inception? $

Answers

1. The opening balance of total shareholders' equity was $365,000. (Taken from the balance on December 31, 2019.)

2. Common shares increased during the year by $40,000. (Taken from the issuance of shares.)

3. To calculate the total cash received by the owners of Creative Minds Inc. during 2020 as a return on their investment, we need to consider the cash dividends. According to the statement, cash dividends were $25,000.

Therefore, the owners of Creative Minds Inc. received $25,000 in cash during 2020 as a return on their investment.

4. Stock dividends have no impact on total shareholders' equity since they represent a distribution of additional shares to existing shareholders without changing the total value of equity. So, the dollar impact of the stock dividends on total shareholders' equity is $0.

5. To determine the amount of income retained in the business since its inception, we need to calculate the retained earnings balance at the end of 2020.

Retained earnings at the end of 2020 = Retained earnings from the previous year + Net income - Cash dividends

Retained earnings at the end of 2020 = $140,000 + ($0 - $25,000)

Retained earnings at the end of 2020 = $115,000

Therefore, at the end of 2020, Creative Minds Inc. has retained $115,000 in income in the business since its inception.

1.The opening balance of total shareholders' equity was $365,000.

2. Common shares increased during the year by $40,000.

3. The owners of Creative Minds Inc. received $25,000 in cash during 2020 as a return on their investment.

4. The stock dividends had no dollar impact on total shareholders' equity.

5. At the end of 2020, Creative Minds Inc. had retained $115,000 in income in the business since its inception.

To know more about Retained earnings visit-

brainly.com/question/14529006

#SPJ11

You are currently estimating tasks on a new project and you are able to estimate the near-term tasks more accurately than those further out in the future. This is an example of which of the following factors that can influence estimate quality?
Group of answer choices
A. People
B. Planning horizon
C. Padding Estimates
D. Inflation
E. Age

Which of the following is a hierarchical breakdown of all the work to be completed on a project?

Group of answer choices
A. Gantt Chart

B. Work Breakdown Structure

C. Project Network

D. Organizational Breakdown Structure

E.Responsibility Assignment Matrix

Answers

The given scenario in which the estimation of near-term tasks is more accurate than future tasks, is an example of which of the following factors that can influence estimate quality is the planning horizon.

According to the Project Management Institute, the planning horizon is one of the factors that can affect the quality of an estimate. The term refers to the duration of time in which a project can be effectively planned with reasonable certainty, and it is generally broken down into three categories: short-term, medium-term, and long-term. For example, if a project's planning horizon is one year, estimates for tasks that must be completed within the first six months will be more reliable than those for tasks that are scheduled for the final six months.As per the given options, "Planning horizon" is the correct answer.The hierarchical breakdown of all the work to be completed on a project is known as the work breakdown structure. Hence, the correct option is B. Work Breakdown Structure. A work breakdown structure is a detailed and comprehensive project management tool that is used to identify and divide a project's activities into smaller, more manageable pieces.

To know more about planning horizon visit:

https://brainly.com/question/28331588?referrer=searchResults

#SPJ11

(The Wall Street Journal, 6/10/22) Prices at the pump rose 4.1% in May from the previous month.[…] Russia’s invasion of Ukraine in February and the resulting sanctions on Russia caused prices to rise significantly. Russia is a major energy exporter and the sanctions are decreasing the quantity of gas available.
What type of change must have happened in the gas market? (hint: start with a market in equilibrium and shift one curve to get to the situation described)

Answers

The situation described suggests a decrease in the supply of gas in the market due to the sanctions imposed on Russia as a result of their invasion of Ukraine. This change in the gas market has led to an increase in prices at the pump.

In a market in equilibrium, the quantity of gas supplied equals the quantity of gas demanded, resulting in a stable price. However, with the invasion of Ukraine and the subsequent sanctions on Russia, the supply of gas has decreased. As Russia is a major energy exporter, the sanctions have limited the availability of gas in the market.

This shift in the supply curve, indicating a decrease in supply, leads to an imbalance between supply and demand. With a reduced quantity of gas available, the price at the pump increases as consumers compete for the limited supply. Therefore, the change in the gas market is characterized by a decrease in supply, resulting in higher prices.

To learn more about stable price, click here: brainly.com/question/30454560

#SPJ11

Suppose initially there are no opportunities for intertemporal trade in 301land and that these opportunities are subsequently introduced. Which of the following statements makes the most accurate comparison between an economic agents opportunities to shift consumption across time before and after the introduction of opportunities for intertemporal trade?
A. In the absence of intertemporal trade, economic agents in 301land can transform units of current consumption into units of future consumption at a rate of one for one but are unable to transform future consumption into current consumption. However, the introduction of opportunities for intertemporal trade allows households to transform units of current consumption into units of future consumption at a rate of 1 for 1/(1+r) and to transform units of future consumption into units of current consumption at a rate of 1 for (1+r).
B. In the absence of intertemporal trade, economic agents in 301land can transform units of current consumption into units of future consumption at a rate of one for one but are unable to transform future consumption into current consumption. However, the introduction of opportunities for intertemporal trade allows households to transform units of current consumption into units of future consumption at a rate of 1 for (1+r) and to transform units of future consumption into units of current consumption at a rate of 1 for 1/(1+r).
C. In the absence of intertemporal trade, economic agents in 301land can transform units of current consumption into units of future consumption at a rate of one for one and transform units of future consumption into units of current consumption at a rate of one for one. However, the introduction of opportunities for intertemporal trade allows households to transform units of current consumption into units of future consumption at a rate of 1 for (1+r) and to transform units of future consumption into units of current consumption at a rate of 1 for 1/(1+r).
D. In the absence of intertemporal trade, economic agents in 301land can transform units of current consumption into units of future consumption at a rate of one for one and transform units of future consumption into units of current consumption at a rate of one for one. However, the introduction of opportunities for intertemporal trade allows households to transform units of current consumption into units of future consumption at a rate of 1 for 1/(1+r) and to transform units of future consumption into units of current consumption at a rate of 1 for (1+r).

Answers

The most accurate statement is:

B. In the absence of intertemporal trade, economic agents in 301land can transform units of current consumption into units of future consumption at a rate of one for one but are unable to transform future consumption into current consumption. However, the introduction of opportunities for intertemporal trade allows households to transform units of current consumption into units of future consumption at a rate of 1 for (1+r) and to transform units of future consumption into units of current consumption at a rate of 1 for 1/(1+r).

Before the introduction of opportunities for intertemporal trade, economic agents in 301land can only convert current consumption into future consumption on a one-to-one basis. This means that for every unit of current consumption they give up, they receive one unit of future consumption. However, they are unable to transform future consumption back into current consumption.

After the introduction of intertemporal trade opportunities, households can convert units of current consumption into units of future consumption at a rate of 1 for (1+r), where "r" represents the interest rate. This implies that to obtain one unit of future consumption, they need to give up more than one unit of current consumption, reflecting the time value of money.

Furthermore, with the introduction of intertemporal trade, households can also transform units of future consumption into units of current consumption at a rate of 1 for 1/(1+r). This means that to obtain one unit of current consumption, they need to give up less than one unit of future consumption, again considering the time value of money.

The introduction of opportunities for intertemporal trade in 301land allows economic agents to exchange consumption across time at different rates than the one-to-one ratio present in the absence of intertemporal trade. It enables households to convert current consumption into future consumption at a rate reflecting the interest rate, and vice versa.

To read more about intertemporal trade, visit:

https://brainly.com/question/30653579

#SPJ11

Nicanor is a civil engineer. His reported total gross receipts in 2020 amounted to Php 4,250,000.00 while the cost of service and operating expenses were Php 2,150,000.00 and Php 1,000,000.00, respectively. Since he does not keep receipts of his purchases, his Accountant advised to avail of the 40% OSD in his 1st Quarter ITR which he did. Total tax withheld (expanded withholding tax) by his clients is equivalent to 10% from which he received tax certificates (BIR Form 2307s). During filing annual ITR, without the getting professional advice, he filed his own return and opted 8% preferential taxation. What is Nicanor's CORRECT income tax payable in 2020? Disregard payment in his original return filed O d. 241,000 O c. 666,000 O b. 320,000 O a. Overpayment of 205,000

Answers

He overpaid his income tax by Php 205,000.00. So, option (A) Overpayment of 205,000 is the right answer.

The Gross Receipts (GR) of Nicanor, a civil engineer, was Php 4,250,000.00 in 2020, and the cost of services (CS) and operating expenses (OE) were Php 2,150,000.00 and Php 1,000,000.00, respectively.

Calculation of Net Taxable Income total income after the OSD has been subtracted from the gross receipts is the net taxable income (NTI).

NTI = GR - OSD - (CS + OE)

= 4,250,000 - 1,700,000 - (2,150,000 + 1,000,000

)= Php 400,000.00

Calculation of Income Tax using 8% Preferential TaxationIn the absence of professional advice, Nicanor opted to use 8% preferential taxation to compute his income tax. Therefore, he is subject to a flat 8% tax rate based on his gross receipts. Net Taxable Income (NTI) is disregarded because the tax rate is fixed.

Tax payable at a flat rate of 8% = 8/100 × Php 4,250,000.00 = Php 340,000.00

Calculation of Income Tax using the Tax Table

Now we'll look at the appropriate tax table to see if Nicanor's tax liability is less than the tax calculated using the 8% preferential taxation scheme. From the table, we see that Nicanor's taxable income falls in the first tranche, and he is subject to a tax rate of 20% on the excess of Php 250,000.00 (Php 400,000.00 - Php 150,000.00).

Thus, Tax payable on the amount over Php 250,000.00

= 20/100 × (Php 400,000.00 - Php 250,000.00)

= Php 30,000.00

Add this to the tax payable on the first Php 250,000.00, which is Php 42,500.00.

To know more about income visit:

https://brainly.com/question/2386757

#SPJ11

Dell Dell revolutionized the personal computer category by selling directly to customers via the telephone and later the Internet. Customers could custom-design the exact PC they wanted, and rigorous cost cutting allowed for low everyday prices. Sound like a winning formula? It was for almost two decades. But by 2006, the company was encountering problems that led to a steep stock price decline. First, reinvigorated competitors such as HP narrowed the gap in productivity and price. Always focused more on the business market, Dell struggled to sell effectively to the consumer market. A shift in consumer preferences to buying in retail stores didn't help, but self-inflicted damage from an ultra-efficient supply chain model that squeezed costs and quality out of customer service was perhaps the most painful. Managers evaluated call center employees primarily on how quickly they finished each call - a recipe for disaster as scores of customers felt their problems were ignored or not properly handled. A drop in R&D spending that hindered new-product development and led to a lack of differentiation didn't help either. Clearly, Dell had entered a new chapter in its history. A fundamental rethinking of its channel strategy and its marketing approach as a whole would consume the company for the next five years. Source from: Kotler, P. and Keller, K., 2012. Marketing Management. 14th ed. New Jersey: Prentice Hall. Retrieved date: 4 April 2022 Question: 1) Discuss TWO (2) importance of marketing channel. Provide examples for your discussion. 2) In your opinion, explain TWO (2) challenges of Dell of using direct marketing channel for the sales of computers to the end customers. Concur your discussion with examples.

Answers

Marketing channel can be defined as the path that goods and services follow from producers to consumers. These channels have different advantages that make it important for companies to choose the right channel for their products.

Dell, a computer company, had encountered a number of issues that led to a decline in its stock price. This essay aims to discuss the importance of marketing channels and explain two challenges of Dell using direct marketing channels. 1. Importance of marketing channel Marketing channels play an important role in the distribution of goods and services. One of the main benefits of marketing channels is that they provide a link between the producer and the consumer. This enables consumers to access products they need with ease and convenience.

This is a significant challenge that has led to a decline in Dell's stock price. The second challenge is that Dell's direct marketing channels have led to a poor customer experience. Dell's call center employees were evaluated based on how quickly they finished each call. This led to customers feeling that their problems were ignored or not properly handled. Dell should have improved its customer service by investing in employee training and increasing R&D spending to develop new products and improve customer satisfaction. In conclusion, it is important for companies to choose the right marketing channels to achieve their marketing objectives.

To know more about Marketing visit:-

https://brainly.com/question/32094123

#SPJ11

In the light of the main theories of capital structure, provide
a discussion of the evolution of the capital structure of Snap in
the initial three years after its IPO.

Answers

Snap's capital structure has evolved over the years, moving from an equity-oriented structure to a more balanced mix of debt and equity. The company has used the proceeds from its financing activities to finance its operations and investments and to repay its existing debt, balancing the benefits and costs of debt financing, and equity financing.

The capital structure of a company refers to the way it finances its operations and investments, using both equity and debt. The primary objective of the capital structure is to achieve an optimal balance between debt and equity that maximizes the company's value and minimizes its cost of capital.

In light of the main theories of capital structure, the two main theories are the trade-off theory and the pecking order theory. The trade-off theory suggests that companies aim to balance the benefits and costs of debt financing, while the pecking order theory proposes that companies prefer internal financing first, then debt, and finally equity as a last resort.
Snap's capital structure in the first year after its IPO was primarily composed of equity, with no long-term debt. This aligns with the pecking order theory, which suggests that companies prefer internal financing and equity over debt.
In the second year after its IPO, Snap's capital structure shifted towards a more balanced mix of debt and equity, as the company issued convertible notes worth $1.3 billion.
In the third year after its IPO, Snap's capital structure became more debt-oriented, as the company issued $1 billion worth of senior unsecured notes. This aligns with the trade-off theory, which suggests that companies aim to balance the benefits and costs of debt financing. Snap used the proceeds from the senior unsecured notes to finance its operations and investments and to repay its existing debt.

Learn more about the cost of capital:

https://brainly.com/question/27752995

#SPJ11

Problem 17-47 (Algo) (LO 17-6) The City of Wolfe issues its financial statements for Year 4 (assume that the city uses a calendar year). The city's general fund is composed of two functions: (1) education and (2) parks. The city also utilizes capital projects funds for ongoing construction and an enterprise fund to account for an art museum. The city also has one discretely presented component unit. The government-wide financial statements indicate the following Year 4 totals. Education had net expenses of $652,000. Parks had net expenses of $143,000. Art museum had net revenues of $73,750. General revenues were $960,250. The overall increase in net position for the city was $239,000. The fund financial statements for Year 4 indicate the following: The general fund had an increase of $41,000 in its fund balance. The capital projects fund had an increase of $63,500 in its fund balance. The enterprise fund had an increase of $78,250 in its net position balance. Officials for the City of Wolfe define "available" as current financial resources to be paid or collected within 60 days. On the first day of Year 4, the city receives a painting as a gift that qualifies as a work of art. It has an expected life of 30 years, is worth $19,500, and is displayed by the city at one of the local parks. The accountant accidentally capitalizes and depreciates it although Officials for the City of Wolfe define "available" as current financial resources to be paid or collected within 60 days. On the first day of Year 4, the city receives a painting as a gift that qualifies as a work of art. It has an expected life of 30 years, is worth $19,500, and is displayed by the city at one of the local parks. The accountant accidentally capitalizes and depreciates it although officials wanted to use the allowed alternative. Respond to the following questions: a. According to the information provided, the general fund reported a $41,000 increase in its fund balance. If the accountant had used the allowed alternative, what would the city report as the change in fund balance for the general fund for the year? b. According to the information provided, the parks reported net expenses of $143,000. If the accountant had used the allowed alternative, what would the city report as the correct net expense for parks for the year? c. Assume the same information except that the art was given to the art museum but then not recorded at all. What should have been the overall change in net position for Year 4 on government-wide financial statements, assuming that officials still preferred the allowed alternative? a The change in fund balance for the general fund is b. Net expense for parks for the year is C The overall change in net position for year 4 is

Answers

a) According to the information provided, the general fund reported a $41,000 increase in its fund balance. If the accountant had used the allowed alternative, the city would report the change in fund balance for the general fund for the year as:

[tex]\[\text{Change in fund balance for general fund} = \$41,000 - \$19,500 = \$21,500\][/tex]

b) According to the information provided, the parks reported net expenses of $143,000. If the accountant had used the allowed alternative, the city would report the correct net expense for parks for the year as:

[tex]\[\text{Correct net expense for parks} = \$143,000 - \$0 = \$143,000\][/tex]

c) Assume the same information except that the art was given to the art museum but then not recorded at all. The overall change in net position for Year 4 on government-wide financial statements, assuming that officials still preferred the allowed alternative, would be:

[tex]\[\text{Overall change in net position for Year 4} = \$239,000 - \$73,750 = \$165,250\][/tex]

To know more about expense visit-

brainly.com/question/15731703

#SPJ11

The value of a previously purchased building used by a proposed project is an example of a(n): Multiple Choice sunk cost. op rtunity cost. erosion. fixed cost.

Answers

The value of a previously purchased building used by a proposed project is an example of a sunk cost.Sunk cost is a cost that has already been paid and cannot be recovered. Sunk cost is not relevant to the decision-making process because it is a past cost that has already been spent.The answer is A.

The focus is on future costs and revenues when making decisions. A sunk cost is the opposite of a future cost, which is a cost that has yet to be incurred. The decision-maker has no control over a sunk cost. Sunk costs should not be considered in making decisions because they cannot be recovered.

A sunk cost is a fixed cost, which is a cost that does not change regardless of the level of activity.Therefore the answer is A.

To know more about sunk cost, refer to the link:

https://brainly.com/question/30637355#

#SPJ11

Waterway Company borrowed $950000 from Bank Two on January 1.2020 in order to expand its mining capabilities The five-year note required annual payments of $257042 and carried an annual interest rate of 10%. What is the amount of interest expense Waterway must recognize on its 2021 income statement? O $78795.80 $73015.80 $65852.80 $95000.00

Answers

The amount of interest expense Waterway must recognize on its 2021 income statement is $69295.80.

Waterway Company borrowed $950000 from Bank Two on January 1, 2020, to expand its mining capabilities. The five-year note required annual payments of $257042 and carried an annual interest rate of 10%.Here is how to calculate the amount of interest expense Waterway must recognize on its 2021 income statement; As of the end of 2020, Waterway would have paid Bank Two one annual payment of $257042 and would still owe four annual payments. The principal remaining on the loan at the end of 2020 will be $950000 minus $257042 = $692958.

To find the amount of interest expense Waterway must recognize on its 2021 income statement, we need to calculate the interest on the outstanding balance of the loan as of the end of 2020. The formula for calculating interest is: Interest = Principal × Rate × Time The principal at the end of 2020 was $692958. The rate is 10%. We need to calculate the time period from the end of 2020 to the end of 2021. It is one year. So, Interest expense = $692958 × 0.10 × 1= $69295.80.

To know more about interest expense visit:

https://brainly.com/question/29492215

#SPJ11

You must always have a quantitative forecast before you launch the data. The data must be quantitative, and observations are qualitative thus not valid for a reliable forecast. You need quantitative data for a new product, and none exists. There are techniques that will get you access to the quantitative data you need. What is the technique and how does it work?

Answers

The technique to acquire quantitative data for a new product is through market research surveys. This involves conducting surveys and questionnaires to gather relevant information on the market and target audience.

Market research surveys are a powerful tool for obtaining quantitative data on a new product.

Through these surveys, a company can gather information on market trends and consumer behavior, such as buying patterns and preferences.

This data can be used to develop a reliable forecast for the new product, based on the insights gained from the survey results.

Surveys can be conducted through various channels, including online, by phone, or in-person.

The questions included in the surveys must be carefully crafted to ensure that they provide the necessary information and insights required for forecasting the success of the new product.

Additionally, the target audience for the survey must be carefully chosen to ensure that the data collected is representative of the actual consumer market.

Learn more about data here.

https://brainly.com/questions/29117029

#SPJ11

2 Year Plant, Property, Equipment (Gross) Accumulated depreciation reported in 2020 Annual depreciation for 2020 year 2016 $710,000 $520,000 $50,000 Find the average remaining life of Plant Property, Equipment (PPE).

Answers

Plant, Property, Equipment (Gross) 2 Year Accumulated depreciation $710,000 $520,000 Annual depreciation for 2020 year $50,000To find: The average remaining life of Plant Property, Equipment (PPE). Average Remaining Life is the ratio of accumulated depreciation to the annual depreciation expense.

It represents the average age of the asset. Therefore, the formula to calculate the Average Remaining Life is as follows: Average Remaining Life = (Gross Cost - Accumulated Depreciation) / Annual Depreciation In the given question: Average Remaining Life = ($710,000 - $520,000) / $50,000Average Remaining Life = $190,000 / $50,000Average Remaining Life = 3.8 years Therefore, the average remaining life of Plant Property, Equipment (PPE) is 3.8 years. The average remaining life of Plant Property, Equipment (PPE) is 3.8 years. Average Remaining Life is the ratio of accumulated depreciation to the annual depreciation expense. It represents the average age of the asset.

The formula to calculate the Average Remaining Life is: Average Remaining Life = (Gross Cost - Accumulated Depreciation) / Annual Depreciation Here, the Gross cost of the Plant Property Equipment is $710,000. The Accumulated Depreciation is $520,000 and the Annual Depreciation for the 2020 year is $50,000.Now, let's calculate the average remaining life of Plant Property, Equipment (PPE).Average Remaining Life = ($710,000 - $520,000) / $50,000Average Remaining Life = $190,000 / $50,000Average Remaining Life = 3.8 years Therefore, the average remaining life of Plant Property, Equipment (PPE) is 3.8 years. Average Remaining Life is the ratio of accumulated depreciation to the annual depreciation expense. It represents the average age of the asset. The formula to calculate the Average Remaining Life is: Average Remaining Life = (Gross Cost - Accumulated Depreciation) / Annual Depreciation Here, the Gross cost of the Plant Property Equipment is $710,000. The Accumulated Depreciation is $520,000 and the Annual Depreciation for the 2020 year is $50,000.

To know more about depreciation visit :

https://brainly.com/question/30531944

#SPJ11

Tian Semiconductors has a required rate of return of 11%, the marginal investor expects its next dividend to be $1.00, its expected growth rate is a constant 5.0%, and the stock's current market price is $20 per share. What is Tian's equilibrium price?
a $15.84
b $16.67
c $17.50
d $18.38
e $19.30

Answers

Tian Semiconductors' equilibrium price is approximately $18.38. To calculate the equilibrium price, we can use the Gordon Growth Model.

It is also known as the dividend discount model (DDM). The formula for the Gordon Growth Model is:

Equilibrium Price = Dividend / (Required Rate of Return - Growth Rate)

In this case, the expected next dividend is $1.00, the required rate of return is 11%, and the expected growth rate is 5.0%.

Plugging in these values into the formula:

Equilibrium Price = $1.00 / (0.11 - 0.05) = $1.00 / 0.06 ≈ $16.67

However, the given information states that the stock's current market price is $20 per share. The equilibrium price should equal the current market price for the stock to be in equilibrium. Therefore, we can conclude that the correct answer is d) $18.38, as none of the given options matches the calculated equilibrium price of $16.67.

To learn more about Gordon Growth Model, Click here:

https://brainly.com/question/30355598

#SPJ11

For a company to translate its performance of value chain activities into a competitive advantage, it must
a
have at least three distinctive competencies.
b
undertake ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.
c
have more core competencies than rivals.
d
have competencies that allow it to produce the highest-quality product in the industry.
e
have more competitive assets than competitive liabilities.

Answers

For a company to translate its performance of value chain activities into a competitive advantage, it must- B. undertake ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.

What is the reason?

Value chain activities of a company involve the activities undertaken to make a product or service from its conception to delivery. Value chain activities that a company performs can be categorized into two broad categories: Primary activities and Support activities.

Primary activities include inbound logistics, operations, outbound logistics, marketing and sales, and service.Support activities include procurement, technology development, human resource management, and infrastructure.A company can translate its performance of value chain activities into a competitive advantage by undertaking ongoing and persistent efforts to be cost-efficient and develop differentiation advantages.

A cost-efficient firm can offer products or services at lower prices than its rivals, making it an attractive option for consumers. On the other hand, differentiation advantages are achieved when a firm offers unique features and benefits that its competitors do not.

These differentiation advantages may include higher quality products or services, better customer service, or faster delivery times.

Hence, option b. is correct.

To know more on Competitive advantage visit:

https://brainly.com/question/28539808

#SPJ11

Broker Marco was showing a tract of land with irregular boundaries. When asked about a boundary, Marco indicated that it ran from the edge of the stone wall to the creek. He knew that this was not exactly accurate, but it was pretty close to the actual line. After the buyer entered into contract, she was shown a survey which reflected the true boundary. Was Marco guilty of misrepresentation?

Select one:
A. No, verbal statements are not binding
B. No, the buyer was responsible for having the property surveyed
C. Yes, the broker was responsible for verifying the official records
D. Yes, because he knew his statement was not completely accurate.

Answers

Yes, Marco was guilty of misrepresentation. An agent has a responsibility to provide accurate information regarding the property they are selling.

The correct option is D

In this scenario, Marco provided an incorrect statement of the boundary line, knowing it was not entirely accurate.Broker Marco's conduct can be considered a misrepresentation. He knew that the boundary line ran differently than he had indicated to the buyer, but he provided inaccurate information to make the sale. Therefore, Marco is guilty of misrepresentation. Verbal statements, in general, are binding in real estate.

However, there are situations in which they can be used as evidence in a court of law. In addition, it is the agent's responsibility to be aware of the property's actual boundaries. Finally, it is not the buyer's responsibility to have the property surveyed. They have the right to rely on the agent's statement, which is provided in good faith.The correct option is D.

To know more about selling visit:

https://brainly.com/question/30615010

#SPJ11

When a competitive firm sells 15 units its total revenue is $200. The marginal cost of the 16th unit is $15. What should the firm do? a Produce and sell the 16th unit b Not produce the 16th unit c It would be indifferent to producing and selling another unit. d Not enough information is given to make a decision.

Answers

The firm should produce and sell the 16th unit.

The firm's total revenue from selling 15 units is $200. In a competitive market, the firm's marginal revenue is equal to the price, so the price per unit is $200/15 = $13.33.

The marginal cost of the 16th unit is given as $15, which is greater than the price per unit. In this case, the firm's marginal cost exceeds its marginal revenue, indicating that producing and selling the 16th unit would result in a loss. Therefore, the firm should not produce and sell the 16th unit.

learn more about produce click here;

brainly.com/question/30698459

#SPJ11

Explain what effect an increase in the unemployment rate will
have on the real wage based on: a)the wage setting (WS) relation
b)the price setting(PS) relation

Answers

a) An increase in the unemployment rate is likely to put downward pressure on wages, leading to a decrease in the real wage.

When the unemployment rate increases, it generally indicates a higher supply of labor relative to the demand for labor.

In this situation, job seekers may face more competition for available positions, leading to a decrease in their bargaining power.

b) An increase in the unemployment rate may lead to downward pressure on prices.

When the unemployment rate increases, it generally indicates a weakening labor market and potentially lower consumer demand.

In response to these conditions, firms may face challenges in selling their products or services, and they may experience lower revenues and profit margins. In order to maintain profitability, firms may be inclined to reduce their costs, including labor costs.

Thus, firms may also adjust their prices by lowering them to stimulate demand and attract customers.

Learn more about the unemployment rate here:

https://brainly.com/question/30115084

#SPJ1

Craig Corporation has just paid dividends of $2.25. per share, which the company projects will grow at a constant rate of 5% percent forever. If Craig Corporation's shareholders require a 10 percent rate of return, what is the price of it's common stock. O $36.50 O $45.75 O $42.00 O $47.25

Answers

To calculate the price of Craig Corporation's common stock, we can use the Gordon Growth Model (also known as the Dividend Discount Model.

In this case, the dividend per share is $2.25, and the growth rate is 5%. The required rate of return is 10%.Therefore, the price of Craig Corporation's common stock is $45.75. Let's recalculate the price of Craig Corporation's common stock assuming a constant growth rate.The formula for the Gordon Growth Model (Dividend Discount Model) with constant growth is as follows In this case, the most recent dividend paid is $2.25, the growth rate is 5%, and the required rate of return is 10%.

To know more about rate visit :

https://brainly.com/question/25565101

#SPJ11

Louise McIntyre’s monthly gross income is $3,900. Her employer withholds $860 in federal, state, and local income taxes and $410 in Social Security taxes per month. Louise contributes $260 each month to her IRA. Her monthly credit payments for VISA and MasterCard are $145 and $185, respectively. Her monthly payment on an automobile loan is $295.

a. What is Louise's debt payments-to-income ratio? (Enter your answer as a percent rounded to 2 decimal places.)

Answers

Monthly gross income = $3,900.Income Taxes = $860.Social Security Taxes = $410.Monthly contribution to IRA = $260.Credit payment for VISA = $145.Credit payment for MasterCard = $185.Monthly automobile loan payment = $295.To calculate the debt payments to income ratio of Louise McIntyre, we need to calculate her total monthly debt payments and then divide it by her monthly gross income.Total Monthly Debt Payments = Monthly payment for VISA + Monthly payment for MasterCard + Monthly automobile loan paymentTotal Monthly Debt Payments = $145 + $185 + $295Total Monthly Debt Payments = $625Debt Payments to Income Ratio = (Total Monthly Debt Payments / Monthly Gross Income) × 100Debt Payments to Income Ratio = (625 / 3900) × 100Debt Payments to Income Ratio = 0.160256 × 100Debt Payments to Income Ratio = 16.03%Therefore, Louise's debt payments-to-income ratio is 16.03%.

to know more about Social Security security visit:

https://brainly.com/question/32221263

#SPJ11

Other Questions
a. You will receive $43,662 in 15 years. How much is that worth today if the market rate is 7%? b. The initial investment is $158,498 and the salvage value is $10,000. The project is expected to generate $28,136 net cash inflows and the annual net income is $4,098. State the annual rate of return in decimal form to two decimal places. (For example, if you calculate 16%, then state your answer as: ___________c. If an asset costs $71,019 and is expected to have a salvage value of $954 at the end of five year life, and generates annual cash net cash inflows of $5,414 each year, the cash payback period rounding to two decimal places is:____________ In a certain city, 40% of the population has brown hair, 25% has brown eyesand 15% have brown hair and eyes. If a random person is chosena) What is the probability that you have brown eyes or brown hair? A= 0.5b What is the probability that he has brown eyes and does not have brown hair? A= 0.10c) What is the probability that you do not have brown eyes and have brown hair? A= 0.25d) What is the probability that you do not have brown hair or brown eyes? A=0.5 You loaned money to another company. When they makepayments to you the receipt of the principal will show on What are at the core of cultures? a. beliefs b. all c. values d. nonee. normsJim's role as entails his creating a presentation to give to his management team that will communicate the company's new business objectives, and more importantly, how Jim has interpreted them to apply to his business unit.a. resource allocatorb. monitorc. figureheadd. negotiatore. disseminator when moving an empty cart where should you stand for best visibility?a. in the frontb. on the sidec. in the backd. none of the above Suppose you are a department manager and you want to improve thequality of work in your department. Discuss your style of managingthis department?I want a two-page answer Each of the following is required for a candidate to obtain a California real estatebrokers license, excepta. Be 18 years of age or older.b. Complete the required eight (8) real estate education courses andpass a rigorous California brokers licensing exam.c. Be honest and truthful (Conviction of a crime may result in thedenial of a license.), and have two (2) years real estate workexperience in the last five (5) years or a bachelors degree with amajor or minor in real estate.d. Document U.S. citizenship. Due to the global pandemic, we are seeing a shortage of healthcare workers in different settings including hospitals and long-term care facilities.Please list the reasons we are seeing an increased demand for healthcare workers and the reasons the supply has decreased. What can governments do to increase the supply? What can employers do? where was the first commercial yeast made in the united states? john works for a doctor's office and is writing an email to another medical office in which he needs to use an acronym for a long phrase. how should he handle this situation? he should avoid usinng the acronym altogether. he should go ahead and use the acronym since the audience is another medical office. he should put the acronym is parentheses and then follow it with the complete phrase. he should use the complete phrase the first time and follow it with the acronym in parentheses. Texting is considered a valuable way of communicating; some people spend too much time sending messages by phone instead of engaging in actual interpersonal conversation. Explain why you agree or disagree with this statement. Approximately how much revenue was generated by e-commerce sales worldwide in 2019? Select one: A. About $360 billion B. About $3.6 trillion C. About $36 trillion D. About $36 billion E. About $3.6 billion how do you convert between prefixes in the metric system if you are going from a larger unit to a smaller unit (kg to g)? what about from a smaller unit to a larger unit (mm to m)? According to the chapter ending case, which of the following is not one of the problems that the City of Philadelphia's Philly 311 Project was trying to solve?A) Voter registration errorsB) Tracking of citizen requestsC) Provide social media access to the city's departmentsD) Fixing potholesE) Provide citizens a timeline for expected action by the city on their request An asset costs $600,000. The asset is depreciated straight-line to O value in 8 years. The asset is used in a 5-year project. At the end of the project, the asset is sold for $140,000. Tax rate is 30%. Based on the above information answer the following questions. a. What is the book value of the asset after 5 years?b. Will you make a gain or loss on the sale of the asset when you sell the asset for $140,000? Explain c. What is the after-tax cash flow from the sale of the asset? Knowledge of thegovernmentdepartments thatare responsiblefor environmentaland Tourismmatters A solution of copper sulfate is treated with zinc metal. How many grams of copper are produced if 2.9 g of zinc are consumed? (Hint: Make sure to balance the equation first)Select one:a.2.9 gb.2.8 gc.5.7 gd.3.7 g In the IS-MP analysis in the Fed model, the risk-free rate rises in response to: increased capital inflows. adverse supply shocks. fiscal policy. monetary policy. With respect to a not-for-profit that holds contributions for others, which of the following is true?Multiple ChoiceIf the not-for-profit organization and beneficiary are financially interrelated, the transfer is recorded as an inter-entity transfer.The not-for-profit records an asset restricted as to purpose.If the not-for-profit organization has the ability to redirect the assets to another beneficiary, the transfer is recorded as a contribution.Generally, if the not-for-profit organization agrees to transfer the assets to a specified beneficiary, the organization is deemed to be an agent and a liability is recorded. 3. LAYTIME CALCULATION T Using the data above the following statement of fact were obtained at the Port of Houston (Loading Port) Vessel arrive June 8, 2021 0800 hrs. Docked June 8, 2021 0930 hrs. Notice of Readiness Tendered June 10, 2021 0800 hrs. Commence loading June 10, 2021 1100 hrs. Rain delay June 12, 2021 0800-2400 hrs. Crane breakdown June 12, 2021 11:00-1600 hrs The Port Authority visit June 13, 2021 09:30 - 12:30 hrs Complete loading June 15, 2021, 1930 hrs. Vessel sailed June 15, 2021 2100 hrs.. Laytime starts two hours. After NOR is tender/, accept Laytime stop counting on the completion of loading Crain breakdown must not count as use laytime Visitors on board must not count as used laytime Basis of laytime calculation 24 consecutive hours (weather working day) Demurrage: $15,000.00 per day CALCULATE 1. Total laytime used 2. Demurrage if any Dispatch if any