A purse contains four $1 bills, five $10 bills and two $5. the odds of pulling out a $1 bill on the first draw are 4/11.
A little money bag or pouch designed for holding coins is referred to as a purse or coin purse. The majority of Commonwealth nations refer to it simply as a purse, although in the United States, the term "purse" often refers to a handbag.
Bursary, which shares the same root as "purse" and refers to a monetary award in a competition, can also be used interchangeably. The oldest pocketbook ever discovered was discovered with the Iceman Tzi, who lived approximately 3,300 BC. Egyptian hieroglyphs, which depict pouches worn around the waist, provide another early example.
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A company wants to change how its employees are compensated by evaluating an employee's performance when determining annual pay raises. What type of compensation plan is the company implementing?
a. appraisal pay
b. bonus pay
c. incentive pay
d. merit pay
e. job wellness pay
A rapidly growing small business does not offer a retirement plan, but new candidates are frequently asking about a 401k. The owner recognizes that they are missing out on talent because they do not offer this benefit. What should the business do?
a. research 401k plans to see if it's financially feasible
b. explain the benefits of working for a small business and that 401ks are more common in big organizations
c. hold off on offering a 401k until the company employs at least 100 people
d. offer equity since it's less of an immediate cost
e. offer other less expensive benefits instead of a 401k
An employee survey at a company indicates that employees are unhappy with the retirement plan. they would prefer one that would result in employees being paid a fixed amount of money each month. what type of plan would better match the employeess' preferences?
a. 401k plan
b. 403b plan
c. individual retirement arrangements
d. thrift savings plan
e. defined benefits plan
The type of compensation plan that would see employees compensated on the basis of performance is d. merit pay.
The business should, based on the fact that the are losing talent for not offering the benefit, a. research 401k plans to see if it's financially feasible.
The type of plan that would result in employees getting a fixed amount of money each month is a e. defined benefits plan.
What is merit pay?Merit based pay in a company means that the company is paying its employees based on how they performed in that pay period. Those with higher performance metrics, will be paid more than those who did not perform as well.
Then there are retirement plans. Plans like 401ks are important to many people and so can attract talent to a firm. There is also a defined benefit plan which will see employees getting a fixed amount of money each month.
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Which of the following materials may be displayed, distributed, or provided to consumers attending an educational event?a. Enrollment Guidesb. Plan-Specific Brochuresc. Enrollment Applicationsd. Agent business cards and lead cards
Enrollment Guides materials may be displayed, distributed, or provided to consumers attending an educational event.
The annual Open Enrollment Period was put into place to discourage adverse selection – which happens when sick people sign up for health insurance and healthy people do not. It greatly skews the amount of financial risk a health plan takes when insuring customers.
An online enrollment system benefits everyone in schools including learners, parents, and school admins. It streamlines the process, saves time and costs, allows for accurate and real-time tracking. At the end of the day, it contributes to a higher rate of enrollment and re-enrollment.
The Student Enrollment Application is used to enroll a student in a class or school and collects information about the student, parent and legal guardian.
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Which of the following are employer payroll costs?
I. FICA taxes.
II. Federal and state unemployment taxes.
III. Federal and state income taxes.
IV. Employer contributions to a retirement plan.
Multiple Choice
I and IV
I, III, and IV
I, II, and IV
II and III
Boss finance costs Government and state joblessness charges, Manager commitments to a retirement plan.
Which one is included in the payroll taxes paid by the employer?Companies are responsible for paying employer payroll taxes, which include the Social Security tax, Medicare tax, federal unemployment tax, and state unemployment tax.
Which one is not included in the payroll taxes that the employer pays?State and federal income taxes. Although you, as the employer, deduct income taxes from your employee's wages, the employee is the only one who is responsible for paying them.
Which tax is paid solely by the employer?the main expenses that the business should settle are joblessness charges. The total gross earnings for the pay period are the basis for the amount entered for payroll tax expense. Both employers and employees are responsible for paying social security tax. The earnings of employees that the employer holds for payment become liabilities for the business.
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A favorable material price variance ______.
may be due to price fluctuations
may be due to a quantity discount
may be based on the quality of the goods
is always a desirable result
A favorable material price variance may be due to price fluctuations.
Price variance is the actual unit fee of a purchased object, minus its popular price, elevated through the amount of real units bought. price variance is a important issue in finances education.
Price variance is a time period utilized in fee accounting which denotes the distinction among the expected price of an object and the real value at the time of purchase. The fee of an object is frequently laid low with the quantity of items ordered, and this is taken into consideration.
Modifications in expenses come from shifts in marketplace deliver, market call for, or each.
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a _____ is responsible for creating and maintaining an organization’s intranet and extranet.
Webmaster is responsible for creating and maintaining an organization's intranet and extranet.
What is the job of a webmaster?The Webmaster is the main point of contact for all matters relating to the organization's website(s), and they are responsible for a wide range of tasks, such as web design and development, regular site and content maintenance, and various updates to make sure the sites are in line with the company's goals and objectives.
What do they now call a webmaster?A person who manages one or more websites is known as a webmaster. Web architects, web developers, site authors, site administrators, site owners, website coordinators, or website publishers may all be mentioned in the title.
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this health insurance provision lets your insurer make direct payments to your doctor or hospital.
A feature of health insurance known as assigned benefits enables your insurer to provide cash payments directly to your doctor or hospital.
An assignment under an insurance policy is exactly what?When a policy is assigned, it becomes legally enforceable for the new owner. The insurance may be transferred to a different party upon written request from the current owner.
The term "assignment of the policy" refers to the passing of ownership, rights, and obligations from the policyholder to another individual or organization. The party taking part in the assignment or transfer is referred to as the assignor, and the person or organization receiving the insurance is known as the assignee.
How does benefit assignment work?An assignment of benefits occurs when a patient authorizes his health insurance provider to make direct payments to his physician or hospital.
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a company that has positive cash flows from its would most likely be able to generate enough cash to continue as a going concern.
A company that has positive cash flows from its operating activities would most likely be able to generate enough cash to continue as a going concern.
What is the operating activities in Cash flow?Under cash-flow statement, the operating activities refers to the activities of a company in producing and selling its product, generating revenues as well as general administrative and maintenance activities.
Typically, an operating activities section on statement of cash flows shows the inflows and outflows of cash resulting from a company's key operating activities. When a company have positive cash flows from its operating activities, then, this would most likely be able to generate enough cash to continue as a going concern.
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Both buyers and sellers are price takers in a perfectly competitive market because
each buyer and seller is too small relative to others to independently affect the market price.
the price is determined by government intervention and dictated to buyers and sellers.
both buyers and sellers in a perfectly competitive market are concerned for the welfare of others.
each buyer and seller knows it is illegal to conspire to affect price.
Both buyers and sellers are price takers in a perfectly competitive market because each buyer and seller is too small relative to others to independently affect the market price. (first option).
What is a perfectly competitive market?A perfectly competitive market is a market where there are many buyers and sellers of goods and services that are considered to be homogenous. For example, the market for apples is an example of a perfectly competitive market.
In a perfectly competitive market, the buyers and sellers are price takers. This means that they accept the price that has been set by market forces. Buyers and sellers are price takers because if a seller charges a different price, there are many other sellers that consumers can patronise.
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green landscapes, inc., a company that installs underground sprinkler systems serves several commercial customers, as well as residential customers. as the business expands, green landscapes management may want to consider departmentalizing by customer group and then by process.
It is true to say that as Green Landscapes Inc. expands, the company may consider departmentalizing by customer groups and then by process.
What is departmentalization?It corresponds to the organization of the organization's systems into specialized groups to achieve greater efficiency in the use of organizational resources.
Therefore, as an advantage, the departmentalization process helps to reduce waste, better structure the organization, greater speed and ability to improve processes due to the specialization of the employee.
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What is a certifying officer’s maximum level of pecuniary liability with regards to erroneous payments?.
limited to the sum of the erroneous payment, as determined by the investigation, which the Certifying Officer's acts are responsible for.
According to the specifications stated in the Treasury Financial Manual, the head of a federal institution appoints a Certifying Officer (TFM). Because all payments must be certified by a certifying officer before being forwarded to the Treasury to be distributed, certifying officers are essential to the payment process. Before certifying a payment, Certifying Officers must ensure that it is legitimate, proper, and accurate.
A Certifying Official is a person tasked with authorizing certified vouchers for payment and making sure that money is accessible for obligation prior to payment. In civilian agencies, the Certifying Official is responsible for managing public monies.
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five of eight internally reported operating segments of rollins company qualify under the standards set by asc 280 for segment reporting. however, the five identified segments do not meet the 75 percent revenue test. asc 280 prescribes that management:
A public corporation must comply with ASC 280 by disclosing the elements that management believes are most important in selecting its reportable segments.
Which essential feature, according to ASC 280, characterizes an operational segment?An operating segment is described by ASC 280-10-50-1 as "a part of a public corporation that possesses all of the following characteristics: It conducts business activities through which it might generate income and pay expenses (including revenues and expenses relating to transactions with other components of the same public entity).
What management strategy is used to determine operating segments?In general, IFRS 8 uses a management approach to identify operating segments, with the goal of letting users view a company from management's perspective.
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Which of the following examples is an instance of co-marketing?
a. Bonne Belle's Dr. Pepper flavored lipgloss
b. Ford Explorer's Eddie Bauer edition
c. a summer promotion with Heinz catsup and Ballpark franks
d. Taco Bell's Dorito Loco taco
The example of comarketing would be: a summer promotion with Heinz catsup and Ballpark franks. Option C.
What is meant by comarketing?Co-marketing is a type of marketing approach where brands or businesses collaborate to increase their reach. Usually, the businesses who collaborate with one another have some things in common, such being in the same industry or serving similar clientele.
Partnerships in content marketing entail producing or supplying content for the other brand involved. For instance, if two well-known bloggers decide to collaborate on marketing, they might each contribute a few guest posts to the other's blogs.
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___ are financial instruments, traded on established exchanges, that specify future payments a company promises to make in exchange for receiving a sum of money now. (enter one word per blank.)
Bonds are financial instruments that a firm promises to make in exchange for getting a sum of money now. They are traded on recognized exchanges.
How do bonds function?I bonds start earning interest on the first of the month after you purchase them. Every six months, we add the bond's interest earnings to its principal value, which is done twice a year. The bond now has a new value (old value plus interest received).
Bonds: Are they a wise investment?Bond rates have significantly grown, giving investors the chance to make a respectable living. By the end of 2023, inflation is projected to reach around 3.5%, and U.S. Treasuries with a 10-year maturity are currently earning more than that. Their adjusted, or "actual," yield could therefore become positive.
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The range of a business cycle is reduced substantially through the actions of the __________________.a) automatic stabilizersb) manually operated stabilizersc) semi-automatic switchd) none of the above
The range of a business cycle is reduced substantially through the actions of the automatic stabilizers.
The repeated economic shifts that occur in a nation over time are referred to as business cycles.
What is business cycle?
Business cycles are a sort of variation that may be found in the overall economic activity of a country. A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions). This series of modifications is periodic but not recurrent.
Phases of business cycle are
expansion, peak, contraction, and troughWhat impact do automatic stabilizers have on the economic cycle?
When economic growth slows or earnings drop, they inject additional money into the economy via government expenditure or tax refunds. The economy is supposed to be protected from changes in the economic cycle by doing this.
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an example of an explicit cost of production would be the
An example of an explicit cost of production would be cost of flour of a baker.
What is an explicit cost?Explicit costs, as opposed to implicit costs, where no actual payment is made, are payments made directly to third parties during the course of operating a firm. Examples of explicit expenses include wages, rent, and materials. However, it is still easy to underestimate these expenses; for instance, the cost of labor must be considered along with pension payments and other "perks". Considerations of economic profit take into account both explicit and implicit expenses. Explicit costs are typical operating expenses that are recorded in a company's general ledger and have a direct impact on its profitability. They flow through to the income statement as clearly defined dollar amounts.
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trade-oriented sales promotions are directed at . multiple choice question. customers that are unhappy with your brand and are considering switching wholesalers, retailers, or distributors consumers that are aware of your brand but are not currently customers the manufacturer of the product
Trade-oriented sales promotions are directed at B. wholesalers, retailers, or distributors.
What are Trade-oriented sales promotions ?Trade-oriented sales promotion programs are aimed at the company's dealer network to compel them to promote the company's brand more than competing brands. It is sometimes referred to as a "push strategy," and it is aimed at the dealer network in order to encourage them to promote the brand to customers by giving it precedence over competing products.
In order to encourage volume sales, it may take the form of a product display, an additional case for every five cases ordered, cash discounts or straight cash payments, or it may be used to support a price reduction for customers. This is why it is directed at wholesalers, retailers, or distributors.
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which of the following provides security for datagram-based applications by allowing them a communication method designed to prevent eavesdropping, tampering, and message forgery?
DTLS Datagram Transport Layer Security provides security for datagram-based applications by allowing them a communication method designed to prevent eavesdropping, tampering, and message forgery
Datagram Transport Layer Security (DTLS) is a communications protocol that offers security to applications that use datagrams by enabling them to communicate in a way that guards against message forging, manipulation, and eavesdropping. Based on the stream-oriented Transport Layer Security (TLS) protocol, the DTLS protocol aims to offer comparable security assurances.
The DTLS protocol datagram preserves the semantics of the underlying transport; however, because it uses UDP or SCTP, the application must deal with packet reordering, datagram loss, and data that is larger than the size of a datagram network packet. As a result, the application does not experience the delays associated with stream protocols. When used to create a VPN tunnel, DTLS avoids the "TCP meltdown problem" by using UDP or SCTP instead of TCP.
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Galt Industries has 50 million shares outstanding and a market capitalization of $1. 25 billion. It also has $750 million in debt outstanding. Galt Industries has decided to delever the firm by issuing new equity and completely repaying all the outstanding debt. Assume perfect capital markets. Suppose you are a shareholder in Galt industries holding 100 shares, and you disagree with this decision to delever the firm. You can undo the effect of this decision byA) borrowing $1500 and buying 60 shares of stock. B) selling 32 shares of stock and lending $800. C) borrowing $1000 and buying 40 shares of stock. D) selling 40 shares of stock and lending $1000
Answer: c
Explanation:
Answer: C
Explanation: C) share price = $1,250 million market cap / 50 million shares
= $25
number of new shares = $750 million / $25
= 30 million
You can undo the effect of this decision by borrowing $1500 and buying 60 shares of stock. Thus option A is correct.
What are shares?A share can also refer to something like a unit of an unit trust, a limited partnership, or a property investment trust. A share is a quantity of shareholdings in the financial assets of a firm. The term "share capital" describes all of an organization's shares.
50 million shares at their market price of $1.25 billion are valued at $25 each.
Since the market is good, a shift in working capital won't affect the share's price, therefore 30 million shares must be issued to pay off the debt
= $750 million / $25 per share
Galt has to issue 30,000,000 shares will be there present by the company. Therefore, option A is the correct option.
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consumption, investment, government spending, exports, and imports are:
Aggregate demand is made up of consumption, investment, government spending, exports, and imports.
What is the connection between aggregate demand?The total amount spent in an economy on domestic goods and services is known as aggregate demand. The relationship between the level of output prices and the amount of overall economic spending is depicted by the aggregate demand curve's downward slope.
The total of four elements that make up aggregate demand are consumption, investment, government spending, and net exports. Consumption may change as a result of a number of variables, including shifts in wealth, taxes, income variations, and future goals.
What constitutes the total demand?The total of four elements that make up aggregate demand are consumption, investment, government spending, and net exports. Consumption can shift for a number of reasons, such as changes in asset values, taxes, expectations for future income, and income volatility.
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steven and paul sign a contract whereby paul promises to wash steven's car once a week for $80 per month. the terms on the back of the contract were in very small print, contained excessive legalese, and required paul to also cook dinner for steven every day, do his laundry, and clean his apartment. paul later takes another look at the contract involving work for steven and tells steven that the contract is outrageous. which of the following would be a possible defense to steven's and paul's contract involving chores based upon the size of the print and excessive legalese on the back of the contract?
Steven's and paul's an agreement that establishes, clarifies, and governs the rights and obligations of two or more parties is known as a contract.
A contract usually entails the transfer of products, services, money, or a promise to transfer any of those at a later time. In the event of a contract violation, the harmed party may pursue legal remedies including damages or revocation. The concept that agreements must be upheld is the foundation of contract law, a branch of the law of obligations that deals with contracts.
Like other spheres of private law, contract law varies from one country to the next. Common law jurisdictions, civil law jurisdictions, and mixed law jurisdictions which incorporate features of both common and civil law are the three main categories into which the various systems of contract law can be broadly divided.
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3.If the pure expectations theory of the term structure is correct, whichof the following statements would be CORRECT?a.An upward sloping yield curve would imply that interest rates areexpected to be lower in the future.b.If a 1-year Treasury bill has a yield to maturity of 7% and a 2-yearTreasury bill has a yield to maturity of 8%, this would imply themarket believes that 1-year rates will be 7.5% one year from now.c.The yield on a 5-year corporate bond should always exceed the yieldon a 3-year Treasury bond.d.Interest rate price risk is higher on long-term bonds, butreinvestment rate risk is higher on short-term bonds.e.Interest rate price risk is higher on short-term bonds, butreinvestment rate risk is higher on long-term bonds
According to the hypothesis, an investor would make the same amount of interest by purchasing two consecutive one-year bonds as opposed to one two-year bond today.
With the use of a projection of future interest rates, the expectations theory tries to assist investors in making decisions. The theory predicts the rate for short-term bonds using long-term rates, often from government bonds.
According to the Pure Expectations Hypothesis, predicted future spot interest rates are equivalent to those that can be estimated today (from observed spot rates)..
If the yield to maturity of a 1-year Treasury bill is 7% and that of a 2-year Treasury bill is 8%, the market must expect that 1-year rates will be 7.5% in a year.
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TRUE/FALSE. credit card companies can change the rules of the account if they give the borrower 45 days notice of the change.
TRUE: credit card companies can change the rules of the account if they give the borrower 45 days notice of the change.
A business credit card could come with more benefits than your personal cards, such as greater cash-back or frequent-flier points, waived baggage fees, access to airline lounges, and discounts on hotels and rental cars. A general cash-back rewards card can be the best option if you don't travel for business frequently. A credit card is an electronic payment method that can be used for both consumer and commercial operations, including cash advances and purchases.
A credit card often functions as a cash or check substitute and frequently offers an unsecured revolving line of credit. One of the most significant advantages of using a credit card is the ability to pay for your purchases in low-cost EMIs.
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Identify the options for accelerating a project schedule when resources are constrained or the budget is severely constrained:
1. Reducing project scope
2. Phase project delivery
3. Critical-chain
4. Compromise quality
1. Reducing project scope
3. Critical-chain
4. Compromise quality.
These are the options for accelerating a project schedule when resources are constrained or the budget is severely constrained.
The term "critical chain" means what?The Critical Chain is "the longest path in the schedule, including activity dependency and resource limits." This means that the CCPM analyzes the schedule to identify the tasks that, if postponed, will push back the project's completion date.
What is the critical chain's main focus?A project management methodology called critical chain project management (CCPM) enables you to prioritize related tasks and keep track of crucial resources so that you can complete projects as quickly as feasible.
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When resources are limited or the cost is severely restricted, a critical-chain method is used to accelerate the project timetable.
What does the term "critical chain" mean?The Critical Chain is the path in the schedule and takes resource limits and activity interdependence into account. This means that CCPM analyzes the schedule to identify the tasks that, if prolonged, will push back the project's completion date.
Why is the critical chain crucial?You can finish projects more quickly because of it. It helps project managers concentrate better. It improves scheduling accuracy and enables you to make the best use of the available resources. It avoids improper float/slack management. In order to accomplish projects as quickly as possible, critical chain projects let you rank dependent tasks while also maintaining track of crucial resources.
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A work order is a specification of work to be performed for a customer or a client.
a. true
b. false
A work order is a specification of work to be performed for a customer or a client.
Thus, the correct option is True.
Who is a customer?A customer is a person who purchases something from a seller, vendor, or supplier in exchange for money or another item of value in the fields of sales, business, and economics. These terms can also be used to refer to this person.
An individual or company that purchases goods or services from another company is known as a customer. Customers are important since they bring in money. Businesses would cease to exist without them.
Internal customers are individuals or teams who are involved in a company's regular activities. Typically, they belong to functional groups or personnel.
The people who desire to purchase a company's finished goods and services are often its external clientele, who differ from the internal activities of the business.
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Oligopolistic markets generally consist of a greater number of firms than monopolistically competitive markets. Select the correct answer below: True False
The answer is true. In oligopolistic markets, a small number of suppliers control the market. Every country has them, and they are used in a variety of industries.
Some oligopolistic markets are significantly more competitive than others, though this may only be the case on the surface. An oligopoly is characterised by high entry barriers, the ability to set prices, firm interdependence, maximised revenues, product differentiation, and non-price competition. Oligopolies market have existed throughout history in a wide range of sectors, including the production of steel, oil, railroads, tyres, grocery store chains, and wireless carriers. The pharmaceutical and aviation industries also have oligopoly structures.
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When comparing loans based on the least cost when the conversion periods are the same, one can compare the actuarial or annual percentage rate. True/False
The statement, "When comparing loans based on the least cost when the conversion periods are the same, one can compare the actuarial or annual percentage rate." is true.
The amount a corporation must pay on a recurring basis to meet its pension costs is determined by actuaries using the actuarial cost approach. The cost approach and the benefit approach are the two primary formulas used to determine the payments. Both the actuarial financing approach and the actuarial cost method are terms for the same concept.
These methods take into account an employee's current pay, the number of years they have left before they retire and begin receiving benefits, the actuarial rate at which their pay grows, the portion of their final salary they will receive annually when they retire, and the likely number of years they will live to continue receiving those annual payments.
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A microfinance institution would most likely offer a loan to an entrepreneur who:.
The owners of micro-enterprises, such as small-scale farmers, artisans, fishers, women, elderly people, and non-salaried workers in both the formal and unofficial sectors, are typically the recipients of microfinance loans.
The unsecured loans are given based on the applicant's profile and the household and business's combined cash flow.
Institutions that provide microloans also provide a range of microfinance loan-related products. As an illustration, numerous financial institutions provide bank accounts, microinsurance, financial education, etc. These loans fall into the $100 to $25,000 range.
It gives entrepreneurs the chance to survive bad economic times by enabling them to develop more resilience via their own efforts at their own businesses. Most of the households in developing nations that take advantage of microfinance offerings do so because they are in what is referred to as "abject poverty."
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Knowing that men and women communicate differently, which of the following statements would be more likely true for men?
a)They boast about achievements.
B)They mention "we" or "you" in a conversation with a coworker.
C)They use positive overlaps such as "I agree."
D)They decipher nonverbal cues accurately.
E)They provide more information than needed.
One of the following assertions would be more likely accurate for men: they brag about accomplishments.
Why do women speak differently than men?Because of the differences in the wiring of the sexes' brains, women communicate better than males. While the male brain is better suited to mathematical and visual-spatial activities, the female brain excels at verbal ones. Men prefer action to words, whereas women like speaking.
How do communication styles between men and women naturally differ?Men typically speak in a "report" manner, which refers to discourse that is factual, analytical, and problem-solving in nature. They frequently omit stories or personal details. They frequently attempt to control a conversation as well. Women tend to utilize a "rapport" style that focuses on developing relationships.
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See attached question.
The branded operating benchmarking data on p. 7 of each issue of the Footwear Industry Report showing the industry-low, industry-average, and industry-high values for operating profit per branded pair sold in each geographic region
o always merit close attention because when these benchmarks reveal that a company's operating profits are negative or unattractively small in one or more geographic regions, managers are well-advised to pursue immediate corrective actions in the upcoming decision round.
o are of considerable value to the managers of companies looking for strong evidence that their company needs to cut branded footwear prices in the internet and wholesale segments and/or spend more money on marketing efforts so as to increase branded sales and market share in one or more geographic regions.
o are most valuable to the managers of companies whose ROE was well below the reported ROE industry-average benchmark in one or more regions. have little-decision-making value because the benchmarking data do not identify which companies have the lowest/highest operating profit margins per branded pair sold.
o have the greatest value to the managers of companies whose market share outcomes were below the reported industry-average benchmark for market share in one or more geographic regions.
The branded operating benchmarking data shows that the profit A. always merit close attention because when these benchmarks reveal that a company's operating profit margins are negative or unattractively small in one or more geographic regions, managers are well-advised to pursue immediate corrective actions in the upcoming decision round
What is benchmarking?Benchmarking is the practice of comparing your company's data to that of other companies. Benchmarks are most useful when there is enough information in the data set to create useful peer groups based on organizational characteristics.
When these benchmarks reveal that a company's operating profit margins are negative or unattractively low in one or more geographic regions, managers are well-advised to pursue immediate corrective actions in the upcoming decision round.
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you have performed the calculations for 2019, so now you move on to 2020. to return average contributions in 2020 (contributions 2020), you use the avg function. you use the following section of a sql query to find this average and store it in the avglinetotal variable:
The appropriate SQL statement is AG (contributions- 2020) AS AvgLinetotal to retrieve the average contribution in 2020.
Describe SQL query.Structured Query Language is known as SQL. You can use SQL to access and modify databases. In 1986, the American National Standards Institute (ANSI) and the International Organization for Standardization (ISO) recognized SQL as a standard.
A database table's records are retrieved using a SQL SELECT statement in accordance with clauses (such FROM and WHERE) that define criteria. As for the syntax: the following query: SELECT column1, column2 FROM table1, table2 WHERE column2='value';
What do fundamental SQL commands mean?The instructions needed to interface with a database in order to carry out operations, functions, and queries on data are known as SQL commands. The database can be searched using SQL commands, and they can also be used to create, add data to, change, and drop tables, among other things.
Learn more about SQL commands: https://brainly.com/question/13014014
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