The amount of federal income tax withheld from her earnings was $1,458.17. her net pay for the month is $6,223.54.
A federal monarchy, inside the strict sense, is a federation of states with a unmarried monarch as normal head of the federation, however maintaining specific monarchs, or having a non-monarchical device of government, in the various states joined to the federation. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman, in his records of Federal authorities (1863). Freeman himself thought a federal monarchy handiest possible inside the summary. The time period turned into delivered into English political and ancient discourse by Edward Augustus Freeman.
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Identify the true statements about the quality problems that arise in a total quality management. 1. In later stages of a supply chain, there is sometimes less ability to rework the product
2. A defect found in later stages of a supply chain is much more costly than a defect found in earlier stages
3. Failure costs include both the internal costs of defects found inside a company and the external costs of defects found by customers
All operations and duties necessary to uphold a desired standard of excellence are under the control of quality management.
What function does quality management serve?A company's actions and duties are monitored by quality management to guarantee that the provided goods and services, as well as the methods utilized to deliver them, are consistent. It helps the company maintain its intended level of excellence.
Whom does quality management primarily serve?Its goal is to guarantee that identical knowledge, techniques, abilities, and controls are utilized and applied consistently each time a process is carried out. In the end, this promotes client pleasure.
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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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Firms are willing to offer generous rebates because Multiple Choice rebates are the only type of sales promotion proven to impact sales. they tend to generate repeat customers. they are easier for the consumer to use than are coupons. the retailer and manufacturer always split the cost. rebates increase sales, but firms may not have to pay off all the rebates offered. Yanni is working on an advertisement to promote consumer awareness of the danger of solar radiation causing skin cancer. Yanni’s first concern will be to Multiple Choice identify the target audience. use public relations to buy advertising space. enlist creative advertising designers. make sure firms producing sunscreen lotions approve. collect a petition in support of controls against global warming. Warby Parker, an online retailer for prescription eyewear, offers a free, try-on at home program for its customers. Customers browse frames on Warby Parker's website and select five pairs they would like to try on. They can then choose to purchase or return the frames. Warby Parker handles all the shipping costs and provides all the return packaging. This relates to the ________ of its products. Multiple Choice observability complexity trialability relative advantage compatibility
Rebates are payments made in the past that ultimately lower the final price of a good or service. Given that you pay the whole amount of the bill up front and may later receive a partial refund, rebates vary from discounts in this regard. The rebate reduces the final purchase price by giving the customer a lump payment or a percentage of the sales price after the sale has been completed. Rebates may occasionally only be provided when a certain purchase threshold has been reached.Yanni is working on an advertisement to promote consumer awareness of danger of solar radiation causing skin cancer. Yanni’s first concern will be to identify the target audience, and get consumers’ attention.Warby Parker handles all the shipping costs and provides all the return packaging. This relates to the trialability of its products of its products.
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Initially, the Republic of Gorgonzola has no commercial banking system. To make trading easier and eliminate the need for barter, the government directs the central bank of Gorgonzola to put into circulation 3,000,000 identical paper notes, called guilders. The central bank prints the guilders and distributes them to the people. At this point the Gorgonzolan money supply is 3,000,000 guilders.In order to keep the money safe, some Gorgonzolan entrepreneurs set up a system of commercial banks. When people need to make a payment, they can either withdraw their guilders or write a check on their account. Checks give the banks permission to transfer guilders from the account of the person paying by check to the account of the person to whom the check is made out. With a system of payments based on checks, the paper guilders need never leave the banking system, although they flow from one bank to another as a depositor of one bank makes a payment to a depositor in another bank. Deposits do not earn interest in this economy.Let’s suppose for now that people prefer bank deposits to cash and so deposit all of their guilders with the commercial banks. Assume that (1) initially, the Gorgonzolan central bank puts 3,000,000 guilders into circulation and (2) commercial banks desire to hold reserves of 20 percent of deposits. Assume that the public holds no currency.
It is to be noted that based on the Consolidated Balance Sheet, the final value of the guilders is ƒ15,000,000 guilders.
What is a Consolidated Balance Sheet?A consolidated balance sheet is a record that represents a parent company's overall financial position as well as the financial circumstances of all of its subsidiaries on a single sheet, without splitting the organizations. It is structured similarly to a typical balance sheet.
The above computations are as follows:
a. The Gorgonzolan commercial banks' Consolidated Balance Sheet after the initial deposits is:
Assets Liabilities
Currency 3,000,000 Deposits 3,000,000
b. The Gorgonzolan commercial banks' Consolidated Balance Sheet after one round of loans is:
Assets Liabilities
Currency (= reserves) 600,000 Deposits 3,000,000
Loans 2,400,000
c. The Gorgonzolan commercial banks' Consolidated Balance Sheet after the first redeposit of guilders is:
Assets Liabilities
Currency (= reserves) 3,000,000 Deposits 5,400,000
Loans 2,400,000
d. The Gorgonzolan commercial banks' Consolidated Balance Sheet after two rounds of loans and redeposits is:
Assets Liabilities
Currency (= reserves) 3,000,000 Deposits 15,000,000
Loans 12,000,000
e. The final values of bank reserves, loans, and deposits are:
Final consolidated balance sheet
Assets Liabilities
Currency (= reserves) 3,000,000 Deposits 15,000,000
Loans 12,000,000
The final value of the guilders is ƒ15,000,000 guilders.
Recall that:
Initial Deposit = 3,000,000
Reserves rate = 20%
Reserves = 600,000 guilders (3,000,000 x 20%)
Initial Loans = 2,400,000 guilders (3,000,000 - 600,000)
First redeposit = 5,400,000 guilders (3,000,000 + 2,400,000)
If the Reserves are 3,000,000 guilders after the second round of loans and deposits, then, the Deposits = 15,000,000 guilders (3,000,000/20%).
And the Loans = $12,000,000 (15,000,000 - 3,000,000)
Therefore, the final value of the guilders is ƒ15,000,000 guilders.
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In a statement of cash flows, proceeds from issuing equity instruments should be classified as cash inflows from.
The proceeds from issuing equity instruments should be listed as cash inflows from lending activities in a statement of cash flows.
Where does equity go on cash flow statement?
The income statement, balance sheet, and cash flow statement are the three main financial reports that businesses consistently produce. The cash flow statement is also referred to as the statement of cash flows. The cash flow statement is useful since most organisations utilising accrual basis accounting find it challenging to keep track of their cash inflows and expenditures.
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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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The independence hypothesis suggests that the total market value of the firm's outstanding securities is unaffected by its capital structure.
The independence hypothesis predicts a decline in earnings and dividends as financial leverage rises. The total market value of the firm's outstanding securities is unaffected by its capital structure.
A company's capital structure is the specific mix of debt and equity it uses to finance both its general operations and expansion.
Shares in a corporation and claims to its future cash flows and earnings are the source of equity capital. While equity might take the form of common stock, preferred stock, or retained earnings, debt typically takes the form of bond issuances or loans.
The capital structure is also thought to include short-term debt. The balance sheet includes both equity and debt. The assets of the business, which are also listed on the balance sheet, are bought using loan or stock. Depending on a corporation, its capital structure.
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product x has an income elasticity of demand coefficient of -2. it also has a cross-price elasticity of demand coefficient of -2 with product y. which of the following is true? a product x and product y are subsitutes. b an increase in the price for product x will cause an increase in total revenue for product x c an increase in the price of product y will decrease the demand for product x. d product y is an inferior good. e the demand for product x is relatively elastic.
With the given information of income elasticity and cross-price elasticity an increase in the price of product Y will decrease the demand for product X
Cross-price elasticity quantifies how responsive a product's demand is to changes in a related product price. Some products on the market frequently have connections to one another. This could imply that the demand for a product can be favourably or negatively impacted by a product's price change.
Alfred Marshall's "price elasticity of demand" theory foresaw how prices and quantities would fluctuate in relation to one another. Professor Stocking first considered that movement of two prices in the same direction explicitly demonstrates a high cross-price elasticity in the Cellophane instance because he believed that a change in the price of one product will drive a price change of its rivals in the same direction.
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Having unnecessary fluff in your comments can _____. a. cause your message to be unclear b. make your audience energized c. make your comments more concise d. show off your education please select the best answer from the choices provided a b c d
Having unnecessary fluff in your comments can show off your education.
The process of teaching and learning, especially in schools and universities, or the knowledge derived from it” It is also a sector of the economy and society. For example, teachers and university professors work in education, pilots and civil servants in aviation and civil service.
Education goes beyond what takes place within her four walls of the classroom. Children are educated from out-of-school and in-school experiences based on these factors. There are her three main types of education: formal, informal and non-formal.
Education gives everyone the opportunity to gain new knowledge and learn soft skills that can help them improve their lives. Education also helps children, from an early age, to value themselves, their ambitions, their knowledge, and understand the unique opportunities they are given.
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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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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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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 can a firm do to increase productivity in the short run once its marginal product is zero?.
Decrease the quantity of the input can a firm do to increase productivity in the short run once its marginal product is zero.
What can a firm do to increase productivity in the short run?A company must use more of a variable input in the short term to increase production. In this time, three relationships are very important. (The discussion that follows will assume that the only variable input is labor.) The whole amount of output produced is known as the total product (TP or Q).
The marginal product is zero when the total product is at its highest level. True. Marginal product is positive but declining when total product is growing at a slower rate. The law of diminishing marginal returns results in an increased slope in the short-run marginal cost curve.
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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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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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a cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. review the statements below and determine which is correct regarding this discrepancy. (check all that apply.)
A cash register tape reflected total sales equaling $100, but the cash in the cash register drawer equaled $105. review the statements below and determine which is correct regarding this discrepancy.
The extra $5 collected will be treated as a miscellaneous revenue.
The Cash Over and Short account will be credited for $5.
The Cash account will be debited for $105.
The Sales account will be credited for $100.
The statements below and determine regarding this discrepancy are:
a) The extra $5 collected will be treated as a miscellaneous revenue.
b) The Cash Over and Short accounts are going to be credited for $5.
c) The brokerage account is going to be debited for $105.
d) The Sales account is credited for $100.
Sales account
The register and therefore the register encompasses a favorable variance of $5. It means cash has an over of $5.
In recording these transactions are, $5 is going to be treated as miscellaneous revenue.
it's immaterial revenue out of the traditional business activities.
The $5 is credited to the cash over and short accounts since it's a positive balance.
The day is recorded because it is within the till tape. The sales account is going to be credited with $100.
To balance the entry, the brokerage account is debited with $105.
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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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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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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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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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_____ helps develop an accurate projection of a project’s financial expenses and benefits.
Project Cost Management helps develop an accurate projection of a project’s financial expenses and benefits.
What is cost management?Project Cost Management is a technique that makes use of technology to monitor cost and productivity over the course of an enterprise-level project's entire lifecycle. PCM includes a number of particular project management processes, such as estimating, job controls, field data gathering, scheduling, accounting, and design. The practise of organising and regulating a company's operating expenses is known as cost management. In order to budget, anticipate, and monitor costs more accurately, it also involves gathering, evaluating, and reporting cost information. Cost management is a task that involves the procedures needed to keep projects' finances under good control (evaluating, estimating, budgeting, monitoring, analyzing, forecasting and reporting the cost information).
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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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At the end of the current year, accounts receivable has a balance of $4,375,000; allowance for doubtful accounts has a debit balance of $21,300; and sales for the year total $102,480,000. Using the aging method, the balance of allowance for doubtful accounts is estimated as $205,000.
Accounts receivable had a balance of $4,375,000 at the conclusion of the current fiscal year; the amount of the adjusting entry was 226300 = 20500.
What is the accounts receivable balance right now?Accounts Receivable has a balance of $4,375,000 at the end of the current fiscal year, Allowance for Doubtful Accounts has a debit balance of $21,300, and sales for the year total $102,480,000. The cost of bad debt is predicted to be 1/4 of 1% of sales.
What benefits and drawbacks come with selling receivables?One benefit of selling receivables is that the company gets cash right away for operations and other requirements. A portion of the risk of uncollectible accounts may be transferred to the buyer, depending on the sales agreement.
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bonnie is most concerned about being able to buy additional insurance without undergoing medical exams. which of the following riders should she consider?
Bonnie is most concerned about being able to buy additional insurance without undergoing medical exams. Guaranteed insurability option riders should she consider
Guaranteed Insurability is an optional feature of life and health insurance that gives the insured the freedom to buy more coverage without having to get a physical or otherwise demonstrate their health.
By using guaranteed insurability or guaranteed purchase option riders, you can raise the death benefit of your life insurance policy at a later time without having to undergo a medical examination. One or more people you choose as beneficiaries will receive a particular death benefit from a standard life insurance policy. You can improve or increase the coverage of your insurance policy using riders.
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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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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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Effective vision statements are characterized by clarity and
Multiple Choice
diversity.
quality control.
collaboration.
future focus.
Effective vision statements are characterized by clarity and future focus. Thus, option 'D' is the correct option.
What is an effective vision statement?When we consider the term "vision," we are driven to an image of the potential improvement above the present. Most vision casting does an excellent job of creating an optimistic picture of the rewards that are involved, but not a particularly accurate picture of the expenditures necessary to get there.
This is a serious issue because if people are not ready when the anxieties and negative forces associated with change begin to surface, they may rapidly quit, which might lead to the death of the vision.
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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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which of the following is the number of different product lines available at a particular retail store?
Merchandise breadth is the number of different product lines available at a particular retail store. A department store that offers a smaller selection of products than a full-line department store; normally, a limited-line department store will have high-quality products at expensive prices.
Department shops are characterised by the incredibly varied product combinations they carry. In other words, they offer a broad range of products, including clothing, appliances, and hardware. Every type of product typically has its own section or division in the store. This covers a variety of retail establishments, such as department stores, specialty shops, supermarkets, convenience stores, etc.
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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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