The economic order quantity of a specific raw material is the optimal quantity that allows a business to minimize overstocking and save cost, without risking understocking and missing production deadlines.
The optimal number of units to buy to satisfy demand while reducing inventory expenses including holding costs, shortage costs, and order costs is known as the economic order quantity (EOQ).
Ford W. Harris created this production-scheduling concept in 1913, and it has since been improved. Demand, ordering, and holding costs are all taken into account in the economic order quantity calculation as constants.
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Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi Hendrix at Woodstock, and Tish remembers burning her bra in front of the central administration building at Yale. These memories about cultural heroes and events are one of the chief characteristics of an age ________.
cohort
These memories about cultural heroes and events are one of the chief characteristics of an age cohort.
What does a cohort mean?A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.
What characteristics do cohort study have?The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.
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GDP and GNP are identical when a exports and imports exactly balance. b. all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. c. production by domestic producers in other countries is greater than production by foreign producers domestically. d. there are no taxes.
GDP and GNP are identical when all domestic production is by domestically owned producers and no foreign production is carried out by domestic producers. (Option B)
What is GDP and GNP?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
The expenditure method can be used to calculate gross domestic product: Consumption spending + Investment spending + Government spending + Net export
Gross national product (GNP) is the gross domestic product less income of foreigners in a country plus income from nationals.
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the equation of exchange part 2 a. is an accounting identity and is always correct. b. states that expenditures by some people equal income received by others. c. states that the money supply times velocity equals nominal national income. d. all of the above.
The equation of exchange provides the followings:
it is an accounting identity and is always correctits states that expenditures by some people equal income received by othersits states that the money supply times velocity equals nominal national income.Therefore, the Option D is correct.
What is an equation of exchange?In economics, an equation of exchange refers to an identity that shows the relationship between money supply, the velocity of money, the price level and an index of expenditures.
Stuart Mill derived "equation of exchange" based on earlier ideas of David Hume and says that the total amount of money that changes hands in the economy will always equal the total money value of the goods and services that change hands in the economy.
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If a company reports a net loss, it:
(a) will not be able to make capital expenditures
(b) will not be able to get a loan
(c) will not be able to pay cash dividends
(d) may still have a net increase in cash
If a company reports a net loss, it may still have a net increase in cash. The Option D is correct.
What is a net loss?In accounting, a net loss is derived when the total expenses (such as taxes, fees, interest, depreciation) exceeds the income or revenue produced for a given period of time. A net loss could be contrasted with a net profit also known as after-tax income or net income.
Most time, a net loss occurs when sum total of expenses exceeds the total income or revenue generated by a business, project, transaction or investment.
For a business, the net loss is sometimes referred to as a net operating loss. For tax purposes, a net losses may be carried forward into future tax years to offset the gains or profits in those years. A net loss can also appears on the company's bottom line or income statement. In conclusion, either of Net loss or net profit is calculated using the following formula: Net Loss (or Net Profit) = Revenues - Expenses.
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Maxie's Game World sold games to a customer on credit for $4,400, terms 1/10, n/30 and the cost of the games was $3,500. When recording the sales transaction in its sales journal, Maxie’s would enter: What is the correct answer?
Multiple Choice
a) $3,500 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Cost of Goods Sold Dr./Inventory Cr.column.
b) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $3,500 in the Accounts Payable Dr./Purchases Cr. column.
c) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Cash Cr. column.
d) $4,400 in the Accounts Receivable Dr./Sales Cr. column and $3,500 in the Cost of Goods Sold Dr./Inventory Cr. column.
e) $3,500 in the Accounts Receivable Dr./Sales Cr. column and $4,400 in the Other Accounts Dr. column.
Maxie’s would enter $4,400 in the Accounts Receivable Dr/Sales Cr. column and $3,500 in the Cost of Goods Sold Dr/Inventory Cr. column.
Money owed to a business in the near future is represented by the asset account known as accounts receivable (AR) on the balance sheet.When a business permits a customer to pay on credit for its goods or services, accounts receivable are produced.Accounts payable are similar to accounts receivable, but they represent money that is owed as opposed to money that will be received.The accounts receivable turnover ratio or days sales outstanding can be used to determine the strength of a company's AR.It is possible to conduct a turnover ratio analysis to determine when the AR will actually be received.The term "accounts receivable" refers to any unpaid invoices or cash that a business is owed by customers.Learn more about Accounts receivable, here
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For the last 20 years, terry has made regular quarterly payments in the amount of $308 into an account paying 1. 5% compounded quarterly. If, at the end of the 20 year period, terry stops making deposits, transfers the balance to an account paying 5. 5% interest compounded annually, and withdraws a annual salary from the account, determine the amount that he will receive every year for 10 years. Round to the nearest cent.
$3,803.97 The amount that he will receive every year for 10 years. Round to the nearest cent.
Deposits? What do you mean?When we add money to your bank account, you make a deposit. You should deposit funds in a bank in order to accumulate savings and earn interest. A request bank is made for money with which you can withdrawal at any time. A deposit free is a long-term investment. You could also put up a deposit in exchange for the loan as collateral.
FV=PV(1+r)n
r= Interest Rate per annum
N= Period=Number of years
For Eg: Let Say We have Rs. 100, Interest rate or Inflation Rate(Technically Known as Discounting Rate)=10%, Year=1
Future Value = 100(1+10/100)1
Future Value= 100(1.1)=110
If We want to know value of money after 2 Years,
Future Value = 100(1+10/100)2
Future Value= 100(1.1)2
Future Value= 100(1.21)=121
Describe a deposit example:An amount maintained in such a bank account is known as a deposit. Demand deposits and fixed deposit are the two categories of deposits.
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f. how much can irina save in finance charges if she makes the down payment on the last day, as compared to making it on the first day?
To sum up, the finance charge formula is the following: Finance charge = Carried unpaid balance × Annual Percentage Rate (APR) / 365 × Number of Days in Billing Cycle.
Finance is the study and discipline of money, currency and capital belongings. it's miles associated with, however not synonymous with economics, the observe of production, distribution, and intake of money, belongings, items and services (the field of monetary economics bridges the two). Finance activities take location in monetary structures at numerous scopes, therefore the field can be roughly divided into non-public, corporate, and public finance. In a economic gadget, property are sold, bought, or traded as monetary contraptions, which includes currencies, loans, bonds, stocks, stocks, alternatives, futures, and so forth. assets can also be banked, invested, and insured to maximize fee and reduce loss. In practice, risks are usually present in any financial motion and entities.
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fill in the blank. if a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is undertaken, that expense is a(n) __
A cost that a company has already paid or will have to pay in the future, regardless of whether a certain project gets started, is known as a sunk cost. Hence, Option D is correct.
What is the meaning of sunk cost?Sunk costs are expenses that have previously been paid for but cannot be recovered, often known as retrospective costs. Sunk costs are expenses that have already been paid for but cannot be recovered in economics and corporate decision-making.
Marketing, research, the purchase and installation of new hardware or software, salaries and benefits, and facility expenditures are a few examples of sunk costs in the business world.
Therefore, Option D is correct.
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The complete question has been attached in text form:
fill in the blank. if a firm has already paid an expense or is obligated to pay one in the future, regardless of whether a particular project is undertaken, that expense is a(n) __
committed cost
complementary cost
obligated cost
sunk cost
An effective social media policy includes an element that
o prevents all use of social media during daytime hours.
o vaguely threatens employees who violate the policy.
o applies consistent standards across all social media networks.
o encourages anonymity when posting on social networks.
An effective social media policy includes an element that applies consistent standards across all social media networks. Therefore option C is correct.
What is Social Media?The phrase "social media" refers to a computer-based technology that makes it possible to share concepts, ideas, and knowledge through online groups and networks. Social media is internet-based and allows users to share anything quickly, including movies, images, documents, and personal information.
Users interact with social media using web-based software or applications on a computer, tablet, or smartphone. Despite being widely used in America and Europe, Asia, particularly Indonesia, leads the world in social media usage. By October 2021, there will be more than 4.5 billion users of social media.
Therefore option C is correct.
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licensing is the granting of permission by one company to another company to use a specific form of its intellectual property under clearly-defined conditions.
It is true to say that licensing is the permission of a company to use a type of intellectual property under previously defined conditions.
What are the benefits of licensing?For the company that licenses its products and services, for example, the central advantage is revenue generation. As for the licensed company, the advantage is in the commercialization of products and services that have market value and help in achieving competitiveness in the market.
Therefore, in addition to products, innovative ideas are also licensed, such as elements of information technology and biotechnology, for example, which constitute a company's growth strategies.
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Complete question
Licensing is the granting of permission by one company to another company to use a specific form of its intellectual property under clearly-defined conditions. True or false
Cynthia needs to share a financial snapshot of her company, including its current worth. Which QuickBooks report would be most useful? A.Balance sheet B General ledger C.Profit and loss
As Cynthia needs to share a financial snapshot of her company including its current worth, a QuickBooks report that would be most useful is the balance sheet. The Option A is correct.
What does balance sheet tells us?A balance sheet of a firm tells about the financial position of such firm at a specific point in time. As opposed to income statement which reports financial information over a period of time, balance sheet are used to determine the health of a company on a specific day.
So, a QuickBooks balance sheet shows the statement of the assets, liabilities and equity of a business, most essentially the snapshot of the business value at a specific point in time.
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c. 2. The basic goal of economics is to control the effects of government action. determine how to distribute all that is produced in an economy. address the scarcity problem created because the population's desire for goods exceeds the ability to produce them. match limited resources to people's limited wants and needs. control tastes and wishes so that there will be enough resources to produce all the goods and services that people want. 5. Kelly is an architect, and she is trying to decide whether to hire Lawrence, a draftsman, to assist with her work. Kelly could hire Lawrence at $20 per hour, but it would take him three times as long to complete a task as it takes Kelly, Kelly is able to earn S90 per hour and has more architectural jobs than she is able to handle. Which of the following is true? Kelly should not hire Lawrence because it would be faster for her to do the work herself. b. Kelly should do the drafting work herself because she has the lower opportunity cost. c. Lawrence should be hired at the $20 per hour wage rate. Lawrence should be hired, but only if he is paid more than $30 per hour. Kelly should hire someone who earns minimum wage instead of Lawrence. 6. Why would economists find it surprising if the CEO of a large company does his or her own housework? The opportunity cost of a CEO's time is quite high because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite low because they have a scarcity of time to spend on housework The opportunity cost of a CEO's time is quite low because they have an abundance of time to spend on housework. The opportunity cost of a CEO's time is quite high because they have a scarcity of time to spend on housework. The opportunity cost of a CEO's time is equal to that of everyone else that works at the same company. Refer to these figure to answer the questions 12 and 13.. Apple Pies 16 14+- 12-+-- PPF N 18 Blueberry Pies 11 15 pies. 14. The opportunity cost of increasing production of apple pies from 14 to 16 pies is a. 2 blueberry 14 apple 7 blueberry 4 blueberry 16 blueberry a. 15. As we move from points N to M to L, the opportunity cost of additional apple pie decreases due to the law of increasing relative cost. increases due to the law of increasing relative cost. decreases due to the law of normative economics. increases due to the law of marginal analysis. decreases due to enhancements in technology. 23. In a typical demand curve, the price elastie portion of demand is found in the _region and the price inelastie portion of demand is found in the region of the graph. middle; lower lower; upper c. upper; lower middle; middle None of these choices are correct. 24. When the price of softballs is high, a in price will raise total revenue. When the price is low, the seller should the price to increase total revenue. decrease; raise b. rise; raise c. decrease; decrease rise; decrease decrease; not change d.. 25. When her income falls from $50,000 to $20,000, Arianna increases her monthly purchase of hamburger from 20 pounds to 35 pounds. From the midpoint method, Arianna's income elasticity of demand for hamburgers is -1.57 - 0.63 0.54. -0.85. 1.57
The basic goal of economics is option C: address the scarcity problem created because the population's desire for goods exceeds the ability to produce them.
The option that is true regarding Kelly is option c. Lawrence should be hired at the $20 per hour wage rate.
What is the economy about?Price stability, economic growth that outpaces population growth, low resource unemployment, and equitable wealth and income distribution are the four basic economic objectives. Each country will make an effort to use its government to achieve this economic objective.
Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics. The goals are backed up by other objectives including reducing unemployment, boosting productivity, and reducing inflation, among others.
Therefore, Economic development aims to raise the absolute level of per capita incomes in order to raise the material standards of living. The governments of all emerging nations have indicated that one of their goals for policy is to increase per capita incomes.
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What is a reason one discounts future cash flows as part of the absolute valuation process.
The reason one discounts future cash flows as part of the absolute valuation process is Future profits are uncertain.
Realizes absolute value by discounting a company's projected cash flows to their present value. A company's absolute value helps investors determine whether the company's stock price is undervalued or overvalued. Estimating long-term future cash flows is the most difficult step in the absolute valuation process.
In doing so assumptions are made to predict the future performance of the stock. It is used to reflect the time value of money because the money received in the future is less valuable than money received today. Discount rates are also used to calculate the present value of a project or investment. It is the total present value of cash flows from a project or investment.
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List three or more innovative methods that food service establishments use to improve customer satisfaction. Write how these methods positively influence customers’ opinion
One of the innovative method that food service establishments use to improve customer satisfaction is giving customers the opportunity to provide testimonials and on-line reviews.
What is meant by customer satisfaction?
Customer satisfaction is a metric that measures a company's customers' level of satisfaction with its goods, services, and capabilities.
Information about customer satisfaction, such as surveys and ratings, can assist a business in deciding how best to adjust or improve its goods and services.
What is the main goal of customer satisfaction?The customer satisfaction objectives you should pursue are: raising customer service satisfaction levels, boosting product advocacy, enhancing product usability, and encouraging effective cross-team cooperation.
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generally, online travel agencies large physical retail spaces, where customers can go and buy a hospitality product in person.
The statement that online travel agencies will generally have a large physical retail spaces, where customers can go and buy a hospitality product in person, is False.
What do online travel agencies do ?Online travel agencies allow people to be able to book hospitality packages, travel around the world, rent things like hotels, flights, cars, and other things, all from the comfort of their home by doing it online.
As a result, such companies will not have a need to rent a large physical retail space for customers to come and buy packagaes, as the entire packaga catalogue offered by the company will be online.
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Options for this question are :
True Falseconsider the following cost information for a pizzeria
The essential rule that makers utilize to figure out what blend of work and capital conveys yield at the least expense is cost minimization. Cost minimization is the primary guiding principle that producers use to determine which combination of labor and capital produces the most output at the lowest cost.
a) Because the total cost less the variable cost, the fixed cost is $300.
At a result of nothing, the main expenses are fixed expenses.
B) The change in total cost for each additional output unit is equal to marginal cost. Additionally, it is equivalent to the variation in variable cost for each additional output unit. As the quantity changes, the fixed cost does not change, so total cost equals the sum of variable cost and fixed cost. As a result, the increase in variable cost is proportional to the increase in total cost as quantity increases.
What is the formula for reducing costs?The marginal product of capital is equal to the marginal product of labor divided by the rental price of capital in the cost minimization formula.
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emily purchased a building to store inventory for her business. the purchase price was $760,000. emily also paid legal fees of $300 to acquire the building. in march, emily incurred $2,000 to repair minor leaks in the roof (from storm damage earlier in the month) and $5,000 to make the interior suitable for her finished goods.
$572,045 cost basis,
computed as follows:
Purchase price $565,000
Improvements 6,300
Legal fees 745
The cost basis for the building is $572,045
improvement is the technique of aspect transferring from one country to a state considered to be higher, usually via a few motions supposed to bring about that higher kingdom. The concept of development is crucial to governments and corporations, as well as to people. The time period of "improvement" in a preferred manner is "sluggish, piecemeal, however cumulative betterment", which can discuss with both people and societies as an entire.
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what type of proposal is written to obtain funding from agencies that support worthwhile causes?
a. Grant Proposal
b. Informal Proposal
The purpose of a grant proposal is to secure financing from organizations that champion deserving causes.
What characteristics distinguish a strong grant application?A good grant application should be persuasive, straightforward, and brief. Be sure to provide the donor enough information so that they can understand your proposal and see that you've given it some thought, but avoid being overly verbose. Additionally, the story you include in your grant application should help the sponsor understand your initiative.
What does a grant serve as?Your ideas and initiatives to offer public services and boost the economy can be funded by the government through grants. Grants fund numerous programs included in the Catalog for Federal Domestic Assistance, including innovative research projects, crucial recovery measures, and others (CFDA).
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pt 1. You work for an ad agency that has a Super Bowl sponsor as a client. What approach would you recommend for your agency as it develops a campaign—universal, customized for each geographical region, or something else, and why?
pt 2. What types of companies could benefit from placing ads on the NFL website, and how can they use the internet effectively to promote their products?
The approach I would recommend for your agency to develop a campaign would be customized for each region. Additionally, I believe that all companies could benefit from an advertisement on the NFL website.
What type of campaign would be best for the company sponsoring the Super Bowl?The type of campaign that would be the best option for a Super Bowl sponsor is a campaign customized for each geographic region because this event is very massive and could draw the attention of different people around the world to a product. Therefore, personalized advertising could be created to retain customers from different parts of the country and the world.
How could businesses benefit from a web ad?I think that all companies having an announcement on the official NFL website would be very beneficial because this tournament is very massive and has many spectators. This would cause viewers to see the ads and be attracted to the products and services of the advertising companies. Therefore, the sales of these companies could increase.
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The service contract act was enacted to protect economies in the geographical areas where the contract is performed. From the following statements, select the correct statement pertaining to the Service Contract Act:
A) The Service Contract act applies to all service contracts performed in the US with an estimated value under $10,000.
B). The Contracting Officer determines prevailing wage rates on service contracts subject to the service contract act.
C) The Service contract act allows the COR to be the final authority for labor matters.
D) The department of Labor is responsible for the enforcement of the Service contract act
The service contract act was enacted to protect economies in the geographical areas where the contract is performed. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act." Option (d) is correct.
What do you mean by Contract?A legally enforceable agreement between two or more parties known as a contract establishes, clarifies, and regulates the parties' respective rights and obligations.
Every agreement made by the United States or the District of Columbia with the primary aim of providing services in the US using service personnel is covered by the Service Contract Act.
Therefore, Option (d) is correct. The correct statement pertaining to the Service Contract Act is "The department of Labor is responsible for the enforcement of the Service contract act."
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which of the following is the best example of a homogeneous good? group of answer choices new cars ice cream soft drinks wheat
At least two vaporous, fluid, or strong parts should be blended consistently across a homogenous combination.
What is a Homogenous combination?
A homogenous blend is one whose parts are equitably circulated all through the whole arrangement, whose creation is consistent, and which gives off an impression of being a solitary substance.
Models: A uniform mix of gases makes up air. A homogenous combination of table salt and water is known as a salt arrangement.
The flavorings, water, and sugar might meet up synthetically to create an answer, however, the carbon dioxide bubbles are not scattered similarly all through the fluid.
Hence, the Homogenous combination best depicts a Cold drink.
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Observing "with binoculars" involves
Multiple Choice
-overcoming bias by looking at alternate perspectives.
-looking at a situation in an unrealistically favorable light.
-being mindful when observing.
-stepping back from a situation.
Observing "with binoculars" involves being mindful when observing.
What is the purpose of binoculars?The upright, appropriately left-to-right image provided by binoculars is their intended use. They are more comfortable than single telescopes because they permit natural eye movement, give the human visual system two sets of data to evaluate and synthesize and provide depth awareness. In addition to a magnified view of the item, binoculars also provide a brighter, more detailed image.
Large objective lenses are more effective at gathering light than the human eye, allowing you to see more stars and nebulae in the night sky as well as finer details in wild birds and flowers. A reduced field of view is a drawback of this vision, but a far stronger sense of depth is a plus.
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Presented below is information related to Stellar Corporation for the current year. $ 609,300 1,499,300 Beginning inventory Purchases Total goods available for sale Sales revenue $2,108,600 2,415,000 Compute the ending inventory, assuming that (a) gross profit is 49% of sales, (b) gross profit is 60% of cost, (c) gross profit is 38% of sales, and (d) gross profit is 25% of cost. (Round ratios for computational purposes to 1 decimal place, e.g. 78.7% and final answers to O decimal places, e.g. 28,987.) Ending Inventory (a) Gross profit is 49% of sales $ (b) Gross profit is 60% of cost $ (c) Gross profit is 38% of sales $ (d) Gross profit is 25% of cost $
a) Gross profit is 49% off Sales (2108600-2415000*51%) = 876950
b) Gross profit is 60% of Cost (2108600-1509375) = 599225
c) Gross profit is 38% off Sales (2108600-2415000*62%) = 611300
d) Gross profit is 25% of Cost (2108600-1932000) = 176600
Gross profit is the distinction between revenue and price of products sold (COGS), divided by sales. Gross margin is expressed as a percent. usually, it is calculated as the promoting charge of an object, much less the value of products offered (e. g. production or acquisition costs, no longer such as indirect fixed prices like office prices, hire, or administrative prices), then divided by the identical selling charge. "Gross margin" is regularly used interchangeably with "gross profit", but the phrases are specific: "gross profit" is technically an absolute monetary quantity, and "gross margin" is technically a percentage or ratio.
A gross margin is a form of profit margin, especially a form of profit divided by net revenue, e. g., gross (profit) margin, running (income) margin, net (profit) margin, and many others.
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a nike salesperson is informed by a retailer that ten pairs of shoes are damaged and cannot be sold. after looking at the merchandise, the salesperson determines the damage occurred during the packaging process. what should the nike salesperson do to handle this situation?
The salesperson determines that the damage happened during the packaging process, so Nike returns the product and issues a refund to deal with the issue.
What does it mean to be a salesperson and what it do?
A salesman or saleswoman is a person whose job it is to sell goods or services within a specific territory, at a store, or over the phone. Simply put, a salesperson builds a company's reputation while promoting its products or services. From the initial lead outreach to the actual purchase, they manage customer relationships and act as the primary point of contact.
What are main duties of salesperson and type of job is it?
Using persuasion to sell products and services to prospective customers. Examining the advantages and disadvantages of present and prospective clients. Maintaining productive business relationships to ensure future sales.
A sales position entails attempting to persuade clients to purchase a good or service. People who want to work in sales have a variety of job options available to them because many businesses rely on salespeople to market their products and services.
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curative insecticides for white grubs and bluegrass billbugs are mutually exclusive, i.e., what works on one will not work on the other.
There are two chemicals, carbaryl and trichlorfon, that are considered curative treatments. They are short-lived compounds that kill all lifestyles degrees of grubs.
These two pesticides are the solely preferences if high numbers of grubs are determined in the fall and in spring before early May
How do you get rid of white grubs?To get rid of grubs naturally the usage of dish soap, combine sunrise cleaning soap with water and spray it over the infested area. The dish soaps solutions smothers and suffocates grub worms and Japanese beetles, killing them in the process. This DIY solution can also kill person beetles and stop them from laying eggs in your lawn
How are white grubs great controlled?Effective chemical manage of white grubs relies upon on moving the insecticide down to the root area the place the grubs are feeding. This is fine executed by way of applying 1/2 to 3/4 inches of water right now after application. Repeat irrigation each four or 5 days to proceed transferring the insecticide into the soil.
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https://brainly.com/question/25256437#SPJ4everything else held constant, in the market for reserves, when the federal funds rate is 3%, lowering the discount rate from 5% to 4%
When the federal funds rate in the market for reserves is 3%, dropping the discount rate from 5% to 4% decreases the federal funds rate, everything else being equal.
What are federal fund rates?The Federal Open Market Committee's (FOMC) target interest rate is referred to as the federal funds rate (FOMC). The rate at which commercial banks overnight lend and borrow each other's surplus reserves is the aim.
The FOMC, the Federal Reserve System's decision-making body, convenes eight times a year to determine the target federal funds rate, a component of its monetary policy. This aids in fostering economic expansion.
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Other things the same, if the exchange rate changes from 41 Thai bhat per dollar to 35 Thai bhat per dollar, then the dollar has
a. appreciated and so buys more Thai goods.
b. appreciated and so buys fewer Thai goods.
c. depreciated and so buys more Thai goods.
d. depreciated and so buys fewer Thai goods.
Answer: depreciated and so buys fewer Thai goods.
Explanation:
If exchange rate changes from 41 Thai bhat per dollar -35 Thai bhat per dollar, then dollar has depreciated and buys fewer Thai goods. The appropriate response is option D.
What is exchange rate?The rate during which one currency can be exchanged for another is known as the exchange rate. Some exchange rates are linked or fixed to the value of a particular country's currency, however most exchange rates are floating and will increase or decrease depending on market supply and demand.
A currency's value declines when compared to other currencies, which is known as currency depreciation. Political unrest, interest rate differences, weak economic fundamentals, and investor risk aversion are a few examples of the causes of currency devaluation.
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Relative to insurance, when a payout arrangement is made in which one receives all benefits in a single payment, this is called a
A) cash payout.
B) lump-sum option.
C) single distribution plan. D) point plan.
E) none of the above.
Relative to insurance, when a payout arrangement is made in which one receives all benefits in a single payment, this is called a lump-sum option. Option B is correct.
What is the lump-sum option?A lump-sum payment option is defined as an amount paid all at once, as opposed to an amount that is paid in installments. Some people may find that annuitizing the cash as recurring payments makes more sense than taking a lump sum settlement.
Lump-sum payments provide you more financial freedom, since they give the freedom to spend or invest the money anyway to see appropriate. It always save money on interest when make a lump sum payment.
Therefore, option B is correct.
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Hamilton company uses a periodic inventory system. At the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1:.
Finishing stock under FIFO=$6,000 and the cost of products sold under FIFO is $36,000
What is FIFO?
The expression "earliest in, earliest out" (FIFO) alludes to a way to deal with information structure control where the most seasoned passage, or "head" of the line, is taken care of first.
Unit cost Absolute expense
Starting Stock 2,000 $5 $10,000
Buy Walk 21 6,000 $4 $24,000
Buy August 1 4,000 $2 $8,000
Absolute 12,000 $42,000
Finishing Stock 3,000
Products sold during the year:
Opening stock + buys - shutting stock
2,000 + 6,000 + 4,000 - 3,000
12,000 - 3,000 = 9,000 units
Products sold during the year = 9,000 units
FIFO,
Here, the prior products are sold first. This implies the completion stock will be structured as the last buys which cost $2.
Finishing inventory= Stock, Dec 31× unit cost
=3000×$2
Along these lines, Finishing stock under FIFO=$6,000
Cost of goods sold: Under FIFP
=[2,000×5 + 6,000×$4 + 1,000×$5]
=[$10,000+ $24,000 + $2,000]
=$36,000
Thus, the cost of products sold under FIFO is $36,000
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This question is not complete , here I am attaching the complete question:
Hamilton company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1: units unit cost inventory, december 31, prior year 2,000 $ 5 for the current year: purchase, march 21 6,000 4 purchase, august 1 4,000 2 inventory, december 31, current year 3,000 required: compute ending inventory and cost of goods sold under fifo, lifo, and average cost inventory costing methods.
in the above figure, if the natural monopoly is regulated using a marginal cost pricing rule, then the firm will group of answer choices produce 8 million units and make an economic profit of $24 million. produce 16 million units and make zero economic profit. produce 16 million units and incur an economic loss of $64 million. produce 12 million units and make zero economic profit.
With a natural monopoly, common complete expenses (ATC) maintain falling because of non-stop economies of scale. In this case, marginal value (MC) is continually beneath common whole cost (ATC) over the whole vary of viable output.
Is a herbal monopoly regulated with the aid of a marginal price pricing rule environment friendly does it make an economic profit?A herbal monopoly will maximize income with the aid of producing at the volume where marginal income (MR) equals marginal prices (MC) and with the aid of then looking to the market demand curve to see what fee to cost for this quantity. This monopoly will produce at factor A, with a quantity of four and a rate of 9.3.
For a monopoly like HealthPill, marginal revenue decreases as it sells extra devices of output. The marginal fee curve is upward-sloping. The profit-maximizing desire for the monopoly will be to produce at the volume the place marginal revenue is equal to marginal cost: that is, MR = MC.
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