The preparation of the segmented income statement for Countywide Cable Services, Inc. is as follows:
Countywide Cable Services, Inc.
Segmented Income StatementFor the year ended December 31
Metro Suburban Outlying Total
Service revenue $1,150,000 $950,000 $550,000 $2,650,000
Variable expenses 190,000 140,000 90,000 420,000
Fixed Expenses:
Controllable 410,000 330,000 160,000 900,000
Controllable by others 220,000 190,000 80,000 490,000
Common fixed expenses 145,000
Total expenses $820,000 $660,000 $330,000 $1,955,000
Net operating income $330,000 $290,000 $220,000 $695,000
Income-tax expenses $345,000
Net income $350,000
What is a segmented income statement?A segmented income statement is the breakdown of the income statement into various segments.
Some of the business segments include:
Product lineLocationDepartmentSalespersonTerritory.Thus, preparing a segmented income statement enables management to monitor the performances of business units, understudy underperforming segments, and marshal improvement strategies.
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1. A decrease in supply is depicted by a A. movement from point x to point y. B. shift from S2 to S1. C. shift from S1 to S2. D. movement from point y to point x. 2. Using the same graph above, an increase in quantity supplied is depicted by a A. shift from S2 to S1. B. shift from S1 to S2. C. move from point y to point x. D. move from point x to point y. 3. Using the same graph above, a movement along the supply schedule from point x to point y depicts A. a decrease in supply. B. an increase in supply. C. an increase in quantity supplied. D. a decrease in quantity supplied.
1. We can see here that a decrease in supply is depicted by a: B. shift from S2 to S1.
2. Using the same graph above, an increase in quantity supplied is depicted by a: C. move from point y to point x.
3. Using the same graph above, a movement along the supply schedule from point x to point y depicts: D. a decrease in quantity supplied.
What is demand and supply?Demand and supply is actually known to be a relationship that is seen between the quantity that consumers are willing to pay and buy and the quantity of commodity that the manufacturers want to sell at different prices.
A price is usually determined by the interaction that is seen between supply and demand in the market. The principle of supply and demand is known to be the main model of price determination that is used in the economic world world today.
We see here that the given answers are correct. Attached is the image that relates to the question.
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1.The cost of a hard drive installed in a computer? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost 2. The cost of advertising in the Puget Sound Computer User newspaper? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost3. The wages of employees who assemble computers from components ? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost4, Sales Commissions paid to the company's salespeople? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost5. The sallry of the assembly shop's supervisor? A.Direct labor cost. B.Direct materials cost. C.Manufacturing overhead cost. D.Selling cost. E.Administrative cost
The cost of a hard drive installed in a computer is: B. Direct materials cost.
The cost of advertising in the Puget Sound Computer User newspaper is: D. Selling cost.
The wages of employees who assemble computers from components is: A. Direct labor cost.
Sales Commissions paid to the company's salespeople is both: D. Selling cost. and E. Administrative cost.
The salary of the assembly shop's supervisor is: C. Manufacturing overhead cost.
What is costing?In Financial accounting, costing can be defined as a process which involves the measurement of the costs that are associated with the production of goods and services, especially by assessing the fixed costs and variable costs associated with each step of production.
Generally speaking, direct materials cost simply refers to a measure of the cost that is associated with the raw materials and other physical components that are used for the manufacturing of a product (good).
In conclusion, the sales commissions that are being paid to the salespeople that are working in a business firm (company) should be classified under both selling cost and administrative cost.
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pricing objectives are derived from broader marketing objectives. organizations using a multisegment marketing approach to marketing will likely have different objectives for each brand offered to the market. smaller firms that seek to fill niche markets will often use only a single approach to pricing products. the objectives and goals of a pricing strategy are one of the most overlooked elements in the marketing mix. many firms use simplistic approaches to pricing and fail to recognize the strategic importance that solid pricing objectives can offer. pricing objectives may be categorized as profit oriented, sales oriented, and status quo oriented.
A marketing strategy entails segmenting a target market into subsets of consumers, businesses, or countries that share common needs, interests, and priorities, and then implementing strategies to target them.
What is the significance of pricing strategy in business?Pricing is an important part of product management and one of the four Ps of the marketing mix, along with product, promotion, and location. The only revenue-generating aspect among the four Ps is price, with the others being cost centers. To remain competitive in markets with increasing volume and price pressure, the correct pricing strategy is critical. It provides you with the value you deserve for your products and services while also ensuring the earnings you require to invest in change and growth. Pricing objectives must be considered while determining an optimum pricing point. You don't want to charge anything you want for a product or service.
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sendstars is a package delivering company that recently made a study on its customer retention and service renewal metrics. they found that most customers defected from using sendstars' services due to customer dissatisfaction stemming from delivery personnel being rude or ill-mannered. to curb this issue, sendstars gave special training to its employees in customer service. which of the following data mining approaches did sendstars employ when they decided to train their employees in customer care based on the study?
The cause and effect modeling is the data mining approaches that Sendstars employed when they decided to train their employees in customer care based on the study.
What is data mining?The process of extracting and identifying patterns from large data sets using techniques at the interface of machine learning, statistics, and database systems is known as data mining. In order to better segment markets, data mining is used to explore ever-larger databases. In order to create tailored loyalty programs, it is possible to predict customer behavior by examining the relationships between factors like age, gender, and taste.
Data mining approaches include outlier detection, association, clustering, regression, tracking patterns, and prediction. Given that the data provided may change abruptly, patterns are simple to spot. As a result, the data can be gathered and divided into groups according to various sections before being analyzed using the groups.
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which of the following are ways promotion should be used to communicate to the target market about a business' products, brands, company, or people?
One of the methods of promotion that shouldn't be used to inform the target market about a company's goods, names, operations, or personnel is deceives.
What is promotion?
Promotion is any form of promoting communication that aims to steer target audiences of the relative qualities of a given sensible, service, idea, or brand. It aids marketers in establishing a unforgettable spot in clients' minds. This place are often either psychological feature or emotional. Promoting a product or service is meant to boost whole awareness, spark interest, enhance sales, or foster whole loyalty. one amongst the elemental parts of the market combine, that conjointly consists of the four note (product, pricing, location, and promotion), is this.
One of the parts of the promotional combine or promotional set up is promotion. These embrace event promoting and exhibitions additionally to non-public commercialism, advertising, advertisement, marketing promotion, and word of mouth.
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irms usually offer their customers some form of trade credit. this allowance comes with certain terms of credit, which affect the cost of asset of sale for the buyer as well as the seller. consider this case: cold duck manufacturing inc. buys on terms of 2/10, net 30 from its chief supplier.
Payment term of 2/20, net 30 mean if payment is made within 20 days then the customer will get a 2% discount. And the maximum payment term is 30 days.
Cost of credit for one period = 2% / (1 - 2%)= 2.04%
The cost of credit for one period is 2.04%.
Nominal cost of trade credit = 2.04% {365 / (30 - 20)}
= 2.04% 36.50
= 74.46%
Nominal cost of trade credit is 74.46%.
If the supplier shortens the discount period from 20 days to 5 days then the nominal cost of trade credit will decrease.his refers to the money cost of production. This refers to the value of the product in dollars the time when the product was manufactured. Here the inflatons, deflations are not taken into account.
Inflation can be defined as a decrease in the purchasing power of money. This is reflected in higher prices for goods and services in the market. That is, an increase in the price of a commodity over a period of time. One cause of inflation is low supply and high demand for goods and services in the market.
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the food division of garcia company reports the following for the current year. sales $ 4,000,000 cost of goods sold 2,800,000 gross profit 1,200,000 expenses 1,000,000 income $ 200,000 garcia wants to achieve at least a 10% profit margin next year. two alternative strategies are proposed. strategy 1: increase advertising expenses by $225,000. the company expects this to increase sales by $600,000. cost of goods sold will not change. strategy 2: develop a more efficient manufacturing process. this will decrease cost of goods sold by $140,000. a. for each strategy, compute the profit margin expected for next year. b. which strategy should garcia choose based on expected profit margin
The profit margin expected when using strategy 1 is 12.50 %. The profit margin for strategy 2, to the food division of Garcia Company, is 8.50%.
The strategy that Garcia Company should choose is therefore Strategy 1.
How to find the profit margin?The profit margin can be found by the formula:
= Net income / Sales
Using strategy 1, the new sales would be:
= 4, 000, 000 + 600, 000
= $4, 600, 000
The net income would be:
= 4, 600, 000 - 2, 800, 000 - ( 1, 000, 000 + 225, 000 expenses )
= $ 575, 000
The profit margin is therefore:
= 575, 000 / 4, 600, 000 x 100%
= 12. 50 %
The cost of goods sold using Strategy 2 is:
= 2, 800, 000 - 140, 000
= $ 2, 660, 000
This means that the net income for strategy 2 is:
= 4, 000, 000 - 2, 660, 000 - 1, 340, 000 - 1, 000, 000
= $ 340, 000
The profit margin is:
= 340, 000 / 4, 000, 000 x 100 %
= 8 .50%
Strategy 1 should be picked for having the higher profit margin.
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Tony's Tree Service is the only firm in a town that removes large trees. Tony invested in costly bucket trucks and wood chippers when he began his business. Which of the following best describes the barrier to entry that allows Tony to keep his monopoly? a.monopoly resources
b.government-created monopoly
Monopoly resources are the barrier to entry that allows Tony's Tree Service to maintain its monopoly. Option a is correct.
What is a monopoly?It can be defined as an organization or institution that dominates the market in which it operates, because it is the only company that provides such a product or service, that is, there is no offer of substitute products for such good.
Therefore, monopoly resources, such as bucket trucks and wood chippers, are entry barriers that make it difficult for new companies to enter the same market segment, as they are expensive resources in addition to being a specific niche.
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If the value of a vehicle is increased after repairs, such as repainting an entire auto when only one fender is damaged, the insurer will not pay for the increase in value. What is the name for the increase in value?
If the value of a vehicle is increased after repairs, such as repainting an entire auto when only one fender is damaged, the insurer will not pay for the increase in value. Betterment is the name for the increase in value.
An insurer is a employer that sells insurance. The insurer will pay the insured the coins cost which the coverage has constructed up if it's miles surrendered. it is mandatory for insurers to provide the customers with a prospectus that carries all of the foremost features of the coverage. An insurer is a company that sells insurance.
The insurer is the birthday party in an insurance contract that guarantees to pay compensation. The insurer is an entity, normally an coverage business enterprise, that underwrites the insured danger. through assessment, the insured is someone or enterprise whose life, fitness or assets is covered by an insurance coverage.
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Lights, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay one-half down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George is considering buying equipment from Lights, Camera, and More for $110,000 and therefore has the following payment options:Payment Today Payment inOne Year Total PaymentOption 1 $110,000 $ 0 $110,000Option 2 55,000 60,500 115,500Option 3 0 126,500 126,500Required:1-a. Assuming an annual discount rate of 10%, calculate the present value and the total cost. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)Present value of payment in one year Total present value (or total cost)Option 1:Option 2:Option 3:1-b. Which option has the lowest total cost in present value terms?Option 1Option 2Option 3
Appropriate discount factor at 10% for 1 year = 1 / (1 + 0.1) = 1 / 1.1 = 0.909 (rounded off). The lowest Total Cost in present value terms is of Option 2 = $ 109,994.50.
In ethics and social sciences, price denotes the degree of importance of something or motion, with the aim of figuring out which actions are first-rate to do or what manner is fine to stay (normative ethics in ethics), or to explain the significance of different actions. price systems are potential and prescriptive ideals; they have an effect on the moral conduct of a person or are the basis in their intentional sports. often primary values are robust and secondary values are suitable for adjustments. What makes an motion precious may additionally in turn depend on the moral values of the items it will increase, decreases, or alters. An object with "ethic value" may be termed an "ethic or philosophic desirable".
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a mail-order house uses 15,875 boxes a year. carrying costs are 79 cents per box a year, and ordering costs are $97. the following price schedule applies. number of boxesprice per box 1,000 to 1,999 $1.45 2,000 to 4,999 1.35 5,000 to 9,999 1.25 10,000 or more 1.20
Number of boxes price per box according to price schedule is 3.18 orders.
Given
Annual demand D = 15875 boxes per year
Carrying cost H = 0.79 cents
Ordering cost S = $97
Optimal order quantity Q
Q=[tex]\sqrt{\frac{2*15875*97}{0.79}}[/tex]
Q = 1974 units
But at Q = 1974 units we are getting less discount. So, we calculate total cost at Q = 19, Q = 2000, Q = 5000, Q = 10000
Total cost = Purchase cost + Annual Holding cost + Annual ordering cost = PD + (Q/2)H + (D/Q)S
The total cost is less at optimal order quantity Q = 5000
a) Optimal order quantity = 5000 boxes
b) Number of orders = (D/Q) = 15875/5000 = 3.18
Number of orders = 3.18 orders
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wendy is in school learning to be a welder. she spends long hours studying (and drinking coffee) and long hours practicing in the hot, dirty shop (and therefore takes frequent showers). wendy has $70.00 per month to spend on the soap and coffee she needs to function properly. in the accompanying graph, move the bc line to correctly depict wendy's budget constraint, assuming the soap costs $3.50 per bottle, and the coffee costs $14.00 per pound. if a point will not go where you want to put it, try placing the other endpoint there.
Budget constraint can be defined as the amount of items you can afford within a current budget. It illustrates the range of choices available within that budget.
Explain the above process ?
The above case can be solved by the following method
The Wendy's budget constraints through which she can buy certain articles are:
Price of soap=3.5Price of coffee = 14Income = 70Soaps bought. = 0Coffee bought = 70/14 = 5Coffee bought = 0 Soap bought = 70/3.5 = 20Hence, the above case represents the total income to be $ 70
Where the coffee = $5
And the Soap = $20
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What are the four most used tax bases?
Individual income tax , corporate income, sales, and property are the four most common tax bases.
Describe tax bases.
The total amount of earnings, possessions, purchases, transactions, and other economic activity that is subject to taxation by a taxing authority is referred to as the tax base. A small tax base makes taxes ineffective and unbalanced. A large tax base allows for more money to be raised at lower rates and lowers the cost of tax administration.
In the US, there are three main types of taxation: progressive, proportional, and regressive. Regressive and progressive taxes, in contrast to proportional taxes, have different effects on high- and low-income earners. The tax base is the total market value of all the assets, income, and resources in a given area or jurisdiction.
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if a bank has $1,000 in checkable deposits and the reserve ratio is 25%, then it must hold reserves of $ .
Bank must hold reserves of $250, if it has $1,000 in checkable deposits and the reserve ratio is 25%
What is reserve ratio?The reserve ratio is the minimum percentage of the central bank's specified amount that each commercial bank must set aside as required by law. The central bank has the discretion to raise or lower this ratio in response to changing economic conditions.
What happens when the reserve ratio falls?Banks are able to extend more loans to individuals and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must store in reserves. The economy grows as a result, increasing the money supply in the country.
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g culver's recording studio rents studio time to musicians in 2-hour blocks. each session includes the use of the studio facilities, a digital recording of the performance, and a professional music producer/mixer. anticipated annual volume is 1,290 sessions. The company has invested $2,343,000 in the studio and expects a return on investment (ROI) of 22%. Budgeted costs for the coming year are as follows. Per Session TotalDirect materials (CDs, etc.) $ 19.80 Direct labor $407.00 Variable overhead $ 55.00 Fixed overhead $1,033,320 Variable selling and administrative expenses $ 35.00 Fixed selling and administrative expenses $542,820
The budgeted costs are used to calculate the expected return on investment (ROI) of 22%.
What is return on investment?
The ratio of net income (over a period of time) to investment is known as return on investment (ROI) or return on costs (ROC). A high ROI indicates that the returns on the investment outweigh the costs. ROI is used as a performance metric to assess an investment's effectiveness or to compare the effectiveness of several different investments. It is a method of connecting profits to capital invested in terms of economics.
The ROI is calculated by taking the total expected profit (or revenue) and dividing it by the total investment (in this case, $2,343,000).
The total expected profit is calculated by multiplying the number of sessions (1,290) by the total expected revenue per session. The total expected revenue per session is calculated by adding together the total direct materials costs ($19.80), direct labor costs ($407.00), variable overhead costs ($55.00), variable selling and administrative expenses ($35.00), and fixed overhead and selling and administrative expenses ($1,033,320 + $542,820).
Therefore, total expected revenue per session = $19.80 + $407.00 + $55.00 + $35.00 + $1,033,320 + $542,820 = $1,593.00
Total expected profit = 1,290 x $1,593.00 = $2,044,770
ROI = Total expected profit / Total investment = $2,044,770 / $2,343,000 = 22%.
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is a light panel positioned above a workstation or production line that is used to indicate its operating status.
Yes, A light panel can be used to indicate the status of a workstation or production line, such as whether it is running, in idle status, or in an error state.
What does an light panel mean?
An light panel is a type of lighting fixture consisting of a flat, illuminated surface. It is commonly used in photography and videography, as well as in stage lighting, where the light panel can be used to project a variety of patterns and colors onto the stage. Additionally, some light panels are used for backlighting and accent lighting.
What does Videography mean?
The art of capturing moving images with video cameras, usually for the purpose of producing media content for television, film, or online video platforms, is known as videography. To create a compelling visual narrative, it employs a variety of techniques such as camera angles, lighting, and editing.
The light panel may also include a variety of indicators, such as text displays or buttons, to provide more detailed information about the workstation or production line's status.
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horizontal organizations are more _____________ than vertical organizations considering the external environment.
horizontal organizations are more economy than vertical organizations considering the external environment.
What exactly is a horizontal organization?Fewer hierarchical levels define a horizontal organizational structure. These constructions are also known as "flat" structures. Using cross-functional teams is a common practice in such structures. An organization with a flat structure has few, if any, tiers of middle management in between its employees and its executives. The distribution of units and roles inside an organization, as well as the interactions between those units and positions, are referred to as its organizational structure.
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former president ronald reagan was a supporter of supply side economics. supply side economists believe that
Former president Ronald Reagan was a supporter of supply side economics. supply side economists believe that reducing tax rates increases aggregate supply.
What benefited America did Ronald Reagan do?Reaganomics, his brand of supply-side economics, promoted tax cuts, business deregulation, and cuts to government spending. During his first tenure, he resisted public sector labor unions, invaded Grenada, oversaw the War on Drugs, and escaped an attempted assassination.
What does "supply-side economics" mean?According to supply-side economics, a nation's economy will grow if its supply of goods is increased. Practitioners of supply-side fiscal policy frequently concentrate on reducing taxes, bringing down borrowing costs, and dereglementing industries to encourage increasing production.
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When Molly adds all her payments, how much will the car cost her? (2022 Volkswagen Jetta)
When Molly adds all her payments, the cost of the car is $4,000.
What is the cost?A cost is defined as the worth of money that has been used up to create something or supply a service and is thus no longer accessible for use in research, production, retail, or accounting.
In business, the cost might be one of acquisition, in which case the money spent to obtain it is recognized as cost. The cost of car that Mollly was purchased is:
Cost = down payment + Cash Allowance
Cost = $2,500+$1,500
Cost = $4,000
Therefore, the cost of the car is $4,000.
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Your question seems incomplete, but most probably your question was:
Molly has a $2500 down payment saved for this purchase, and the dealer’s $1500 Cash Allowance will come straight off her total. When Molly adds all of her payments, how much will the car cost her?
Which statement about holding costs, also known as carrying costs, are correct?
Carrying costs can be stated as a constant.
Carrying costs can be stated as a percentage of item price,
Both the statement of holding costs, also known as carrying costs are correct.
What does Holding cost mean?
The total cost of storing an item for an extended period of time is referred to as the holding cost. These expenses include warehousing, insurance, storage, and administrative expenses. The opportunity cost of capital tied up in inventory, the cost of obsolescence, and the cost of deterioration are all examples of holding costs.
What does administrative expenses mean?
Administrative expenses are those incurred in the day-to-day operations of a company or organisation. Salary, rent, office supplies, professional fees, travel, and insurance are examples of such expenses. They are distinct from production costs, which are expenses incurred during the manufacture of goods or services.
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Write an informative essay explaining how to determine when to make a compromise.
You can use the following advice to write this essay effectively:
Start by explaining what a compromise is to your audience.Show children the value of compromise in everyday life.Give instances of remarkable people who have compromised and the outcomes they achieved.Add a conclusion at the end when you implore them to make concessions.The capacity to come to an agreement on something is referred to as a compromise. When people reach an understanding, peace is frequently reinstated. However, there is a great chance of fanning the flames of an already-existing dispute when people insist on their rights and refuse to make any concessions.
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one of the most important motive for nrands to aacknoqlege is when people ask whats in it for me what type of impulse does this best describe
The broad group of outcomes known as "personal utility" includes subjective, non-health-related benefits of genome sequencing such as expanding self-knowledge, feeling more in control, feeling altruistic, and making future plans.
How may pre-test counseling be improved using the domains of personal utility?By assisting patients in anticipating the potential value of test results beyond their immediate clinical utility, the domains of personal utility may guide pre-test counseling.
Are people getting genomic testing relevant in terms of their own personal utility?Our findings imply that aspects of personal utility are present in various genomic test types and are pertinent to people who are generally undertaking genetic testing.
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Rory, the owner of a rapidly growing tech start-up, revealed to you that she is implementing personality and trait assessments for her employees. Which of the following describes how Rory should implement these types of assessments? a) Implement validated, job-related measures to encourage employee development.b) Utilize a trait-based leadership assessment to choose department managers.c) Empower the HR manager to administer personality tests to all job applicants.d) Administer a dark triad assessment and fire anyone with high levels of narcissism.
The following outlines how Rory ought to put these kinds of Select department managers using a leadership assessment based on traits. option(B) is correct
Who is a leader?The term leader is someone who inspires passion and motivation in followers. A leader is someone with a vision and the path to realizing as we see there are different types of leaders who are there as we see in the organization the team leaders are there in it as we see in the politics they are different from it. There are different kinds of leaders who are being there. And they can easily lead the group as well.
The owner of a rapidly growing tech start-up revealed to you that she is implementing personality and trait assessments for her employees. Which of the following describes how Rory should implement a trait-based leadership assessment to choose department managers.
Therefore, option(B) is correct.
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if banks want a reserve ratio of 1/10, then when the federal reserve increases reserves by $1,000, deposits must ultimately increase by $100. when banks are worried that depositors might want to withdraw their cash or when loans don't seem profitable, they want a reserve ratio that is relatively low. the money multiplier is the ratio of reserves to deposits. the reserve ratio is determined primarily by how liquid banks wish to be.
Only to meet the regular depositor needs for currency and payment services do banks retain reserves.
What occurs if you raise the reserve ratio?A decrease in the amount of deposits that can be maintained by a certain level of reserves, along with a reduction in the money supply and an increase in credit costs, result from raising the reserve requirement ratios.
If a deposit of $100 is made and the statutory reserve is 10%, how much must the bank retain on hand?If the reserve requirement is 10%, the deposit multiplier indicates that banks are only required to hold 10% of all deposits in reserve, but they are allowed to lend out the remaining 90% to the public in order to generate additional funds and boost the economy. Thus, if a depositor deposits $100, the bank must maintain a reserve of $10 but may lend out $90.
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(figure 67-7: firms in monopolistic competition) negative economic profit or economic loss is incurred if the profit-maximizing price is price in panel . a h; b b u; c c j; c d i; c e g; a
In panel A, the profit-maximizing price would be the equilibrium price, which is the market price where supply equals demand. At this price, firms in monopolistic competition would incur neither economic profit nor economic loss.
What is monopolistic?
Monopolistic competition is indeed a type of perfectly competitive where numerous producers compete with one another but sell different products that are not exact substitutes for one another. In monopolistically competitive, a company accepts the prices set by its competitors as given and pays no attention to how its own prices affect those of its rivals. Monopolistic competition will turn into a government-granted monopoly if this occurs in the face of a coercive government. In contrast to perfect competition, the business keeps extra capacity.
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a. after spending hours researching his choices, mark decides on a laptop that will cost him $799. as he walks into his local retailer, a salesman presents him a laptop with marginally better features at the same price. however, mark would have to do further research to verify that the new alternative is in fact better. as a result, he decides that the laptop he previously decided on is good enough and buys it. Marks decision is an example ofa. bounded rationalityb. fairnessc. risk aversion
As a result, he decides the laptop he previously decided on is good enough and buys it Bounded Rationality.
We try to satisfice rather than optimize when making decisions as a result of bounded rationality. To put it another way, we aim for a decision that will be adequate rather than the best one that is possible.
Even though bounded rationality leads us to make acceptable decisions, that does not necessarily imply that they are the best ones. Instead of calling us "homo economicus," the "perfect rational man/woman," economists refer to us as "satisfiers." We choose inconsistently because we choose "good enough" options rather than the best ones.
Because companies will use marketing strategies to try and profit from our flawed decision-making, we need to be aware of it. They frequently label their goods with alluring qualifiers and descriptors that are ambiguous at best, like the term "cage-free" on an egg carton.
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an incentive program that encourages new ideas, whether for new products or better processes, is a good way to generate capital investment proposals.
a. true
b. fasle
True , It is accurate to say that an incentive program that encourages new ideas, whether for new products or better processes, is a good way to generate capital investment proposals.
How does capital investment work?When a business purchases material goods to use in accomplishing its long-term goals and objectives, it is making a capital investment. Real estate, factories, and equipment are a few of the items that are purchased as capital investments.
What capital budgeting techniques are there?A number of capital budgeting analysis methodologies can be used to determine the economic viability of a project. Among them are the internal rate of return and modified internal rate of return, as well as the payback period, discounted payment period, net present value, profitability index, and discounted payment period.
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vaugh issued 2,200 shares of $10 par value common stock upon converison of 1,100 shares of $50 par value preferred stock. the preferred stock was originally issued at $61 per share. the common stock is trading at $26 per share at the time of conversion.
The shares of Common Stock issued or issuable upon conversion of the Shares are referred to as Conversion Stock.
How is stock conversion calculated?The bond's par value, which is typical $1,000, can also be used to calculate the conversion ratio by dividing it by the share price. A stock with a $40 market price has a conversion ratio of 25, or $1,000 divided by $40.
How many shares are issued when a bond is converted?A fast calculation yields a conversion ratio of 25:1 (one bond can be converted into 25 shares of common stock). Any convertible bond math question requires knowledge of the conversion ratio. Use the formula above to determine the conversion ratio if the conversion price is given in the query.
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TRUE/FALSE in most cases, the price point set by a seller must cover the variable costs to produce the unit, but not necessarily a share of the fixed costs associated with operating the business
In most cases, the price point set by a seller must cover the variable costs to produce the unit, but not necessarily a share of the fixed costs associated with operating the business. The given statement is False.
What are the most important considerations for pricing policies?Competition: Your company probably knows who its competitors are and how much they charge customers. Pricing policies are heavily influenced by market competition. Profit goals: You might choose a pricing policy to help your company meet a specific profit goal.
Costs - When determining a selling price, a company cannot overlook the cost of production or purchasing a product. A business will fail in the long run if it sells for less than its cost or has a gross profit margin that is insufficient to cover its fixed costs.
Thus, the given statement is False.
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the _____ is responsible for all aspects of an organization’s iss and is often a corporate vice president.
Chief Information Officer (CIO) is responsible for all aspects of an organization’s iss and is often a corporate vice president.
How does a Chief Information Officer function?In order to ensure that the IT organization of a firm produces results that support the objectives of the business, the chief information officer (CIO) supervises the people, processes, and technologies inside that organization.
Why is CIO vital?A C-level executive known as a Chief Information Officer (CIO) is responsible for more than just managing your IT systems and problems on a daily basis. The CIO use proactive IT planning to oversee, put into practice, and utilize your technology in the most effective and unified way feasible.
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