The Citizen Band (CB) radio originated in 1940 when the Federal Communications Commission (FCC) began regulating it for local personal and business use. To listen or call for police help, one should switch to channel 9.
The equilibrium quantity after adjusting the demand curve yields Q = 10.
Answer:
1. He has yet to advance the concept
2. His boss is aware of his pacifist beliefs, so Ben faces the dilemma of whether it is ethically sound to create a product potentially usable for warfare.
Explanation:
In this case, Ben has entered into a contract with his employer stating that all concepts he formulates during his employment are owned by the company.
Such agreements are standard practice and grant companies rights over the innovations created by their staff.
Despite this, Ben's pacifism presents an ethical conflict as he contemplates an idea that might turn an ultrasonic range-finding device into a weapon.
He defends his stance by asserting that no development on this idea has occurred and believes his employer will not press him to work on such technology given his pacifist views.
Solution – Division A
Explanation:
Last year's data shows that Division A contributed 60% of total revenue.
Let total revenue for the company last year be x.
Therefore, Division A earned 0.6x.
Similarly, Division B generated 40% of total revenue last year.
This means Division B’s income was 0.4x.
For the current year, Division A’s earnings have dropped by 35%.
Since last year was 0.6x, the amount lost is 35% of 0.6x.
So this year’s revenue: 0.6x - 0.35(0.6x) = (1 - 0.35) * 0.6x = 0.65 * 0.6x = 0.39x.
Division B’s revenue declined by 5% this year.
Last year’s revenue was 0.4x, so this year it is 0.4x - 0.05(0.4x) = 0.95 * 0.4x = 0.38x.
Comparing both, Division A’s revenue (0.39x) exceeds Division B’s (0.38x) this year.
The gross profit method of inventory valuation is invalid under the circumstance where the gross margin percentage experiences significant changes throughout the year.
