TRUE/FALSE. ensure maximum return for its investment, the process and procedures for selling scrap and surplus must cover a broad range of activities including segregation and storage, weighing and measuring, delivery, negotiation, supplier selection, and payment.

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Answer 1

True. Ensure maximum return for its investment, the process and procedures for selling scrap and surplus must cover a broad range of activities including segregation and storage, weighing and measuring, delivery, negotiation, supplier selection, and payment.

What is meant by return on investment?

The profit you realize from your investments is the return. The ratio of net profit to the entire cost of the investment is how ROI is typically defined. When ROI is used to determine the benefits and monetary returns of your investment, it is most helpful to your business goals when it pertains to something specific and measurable.

Return on investment (ROI) is a performance metric used to assess an investment's effectiveness or profitability or to compare the effectiveness of several investments. ROI aims to quantify the amount of return on a specific investment in relation to the cost of the investment.

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Related Questions

Ducto is a small company in Aurora, CO that makes duct-tape wallets. Ducti discovered that there is a large demand for these type of wallets and has, in fact, decided to expand its product line to include bags as well. Clearly, some consumers have a favorable evaluation of Ducti products. To have a favorable evaluation, the first step for consumers is

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To have a favorable evaluation, the first step for consumers is to  experience problem recognition

Problem recognition is an important first step in the process of evaluating commodities as a consumer. It occurs when a consumer realizes they have a need or desire that is not met by their current products. This realization can trigger the consumer to evaluate potential solutions to their problem or need.

Problem recognition can be influenced by a variety of factors, such as personal experiences, advertising, recommendations, and changes in one's circumstances or environment. Once a problem has been recognized, the consumer may begin to search for information and evaluate potential solutions to determine which one best meets their needs and preferences. In the given case, since there was a large demand for wallets, then only Ducti decided to expand its product line.

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monetary policy, banks will discover that their reserves are below those required and that the federal funds rate has increased.

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A bond purchase is possible. The most significant and efficient approach to raise the money supply out of these three is by purchasing bonds. Bank lending must be decreased if the federal fund is to shrink the money supply.

Federal funds, often known as fed funds, are surplus reserves that commercial banks and other financial institutions deposit with regional Federal Reserve banks. These funds can subsequently be loaned to other market players that lack the necessary cash on hand to fulfill their lending and reserve needs. Since the majority of these loans are issued for the overnight period, they are unsecured and have a relatively low interest rate known as the federal funds rate or overnight rate. Commercial banks' daily reserve requirements—the sum of money they must have on hand at their local Federal Reserve—are met in part thanks to Fed funds. Each bank's reserve needs are determined by the amount of client deposits it currently has.

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For a monopolistically competitive firm in long-run equilibrium:
a. price will equal marginal cost.
b. price will equal average total cost.
c. marginal revenue will exceed marginal cost.
d. economic profits will be some positive amount.

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For a monopolistically competitive firm in the long-run equilibrium price will equal the average total cost. Thus, option 'B' is the correct option.

What happens to price in long run in monopolistic competition?

In long-run equilibrium, a monopolistically competitive firm's pricing will be equal to its average total cost. A monopolistically competitive corporation never generates any economic profits in the long run. The price is equal to the average total cost when a producer is earning no economic profits, or P = ATC.

Businesses in monopolistic competition continue to produce at a level where marginal cost and marginal income are equal over the long term. But when more businesses enter the market, the demand curve will have moved to the left.

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assume you end up producing 2,000 units, but you only originally budgeted to produce 1,900.t/f: when creating a flexible budget, your fixed and variable costs will both increase from your original budget.

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False. When creating a flexible budget, only the variable costs will increase from the original budget. Fixed costs will remain constant regardless of the number of units produced.

An adaptable budget evolves to reflect shifts in actual revenue levels. Once an accounting period is over, actual revenues or other activity metrics are placed into the flexible budget, which then creates a budget that is tailored to the inputs.

For example : The $10 million revenue budget for ABC Company is offset by a $4 million cost of goods sold. $3 million of the $4 million budgeted cost of goods sold is directly correlated with revenue, while $1 million is fixed. As a result, 30% of revenues represent the variable element of the cost of goods sold.

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Which of the following days are counted as personal use days for a dwelling unit? (Check all that apply.)
a. A friend of the taxpayer stays in the home and pays a below market rental rate.
b. The home is available for rent, but is NOT actually rented out.
c. A friend of the taxpayer stays in the home and pays a fair market rental rate.
d. A relative of an owner stays in the home and pays a fair market rental rate.
e. The taxpayer or other owner resides in the unit.
f. A relative of an owner stays in the home for free.

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The days are counted as personal use days for a dwelling unit are,

A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.

What is  dwelling unit?A housing unit, also known as a dwelling unit, is a building, a portion of a building, or a space that is used by one or more persons who maintain a shared household and use it as their home, place of residence, or sleeping quarters. A habitation, also known as a residence or abode, is a self-contained lodging arrangement used as a home by one or more households. Examples of dwellings include houses, apartments, mobile homes, houseboats, vehicles, and other "substantial" structures. A house is a place where someone lives. Dwellings include condos, apartments, and houses. The definition of residence is not surprising if you are aware that to dwell is to live somewhere:

The days are counted as personal use days for a dwelling unit are,

A friend of the taxpayer stays in the home and pays a below market rental rate.A relative of an owner stays in the home and pays a fair market rental rate.The taxpayer or other owner resides in the unit.A relative of an owner stays in the home for free.

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the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society. T/F

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It is true that the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society.

How the people in any given region divide burdens and rewards among themselves depends in large part on factors like the geography of the region and the propensity of the people established based on it. Additionally, the patterns of burden and reward distribution vary depending on the region's diverse demographics.

Distributive justice is the equitable distribution of costs and benefits in a society. Armstrong claims that distributive justice ensures that everyone member of a society bears some of the burden and benefits of living. Distribution justice is concerned with the equitable distribution of advantage among various social members.

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the shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.

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The balance sheets display a company's assets, liabilities, and owner's equity at a particular time.

what is a balance sheet?

A balance sheet is a financial statement that lists the assets, liabilities, and shareholder equity of a corporation at a certain point in time. Balance sheets serve as the foundation for calculating investor return rates and assessing a company's financial structure.

The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as the amount of shareholder investment. To do fundamental analysis or determine financial ratios, balance sheets can be utilized alongside other significant financial accounts.

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Your question is incomplete, probably the complete question is-

The _____ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.

Answer:

balance sheet

Explanation:

Derive the evolutionary equation for debt-to-GDP ratio from the government budget constraint and explain how to reduce it (I've attached a picture of in class notes)

Answers

Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]

What is Gross Domestic Product ?

GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period.

According to the given information

Government Budget Constraint:

[tex]B_t-B_{t-1}=r B_{t-1}+G_t-T_t \text { - (1) }[/tex]

[tex]where $B_t=$ Debt in year $t$ (current year $=t$ )[/tex]

[tex]$B_{t-1}[/tex] = Debt in year t-1.

[tex]$T_t[/tex] =  Taxes in year t

Now, Let [tex]$y_t[/tex] = Income in year t.

[tex]$\frac{B_t}{y_t}=$[/tex] Debt Ratio or Debt-to-4DP ratio.

from equation (1), we have

[tex]B_t & =r B_{t-1}+B_{t-1}+G_t-T_t \\[/tex]

[tex]& =(1+r) B_{t-1}+G_t-T_t[/tex]

We adjust the equation's two sides for income [tex]y_{t}[/tex]

[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_{t-1}}{y_t}+\frac{G_t-T_t}{y_t} \\[/tex]

[tex]& \Rightarrow \frac{B_t}{y_t}=(1+\gamma) \frac{B_t-1}{y_t} \times\left(\frac{y_{t-1}}{y_{t-1}}\right)+\frac{G_t-T_t}{y_t} \\[/tex]

[tex]& \Rightarrow \frac{B_t}{y_t}=(1+r) \frac{B_{t-1}}{y_{t-1}} \times\left(\frac{y_{t-1}}{y_t}\right)+\frac{G_t-T_t}{y_t}-(2)[/tex]

Now, let g be the % change in y

[tex]& g=\frac{y_t-y_{t-1}}{y_{t-1}} \\\Rightarrow & g=\frac{y_t}{y_{t-1}}-1 \\[/tex]

[tex]\Rightarrow & \frac{y_t}{y_{t-1}}=1+g \\\Rightarrow & \frac{y_t-1}{y_t}=\frac{1}{1+g}[/tex]

Put [tex]$\frac{y_{t-1}}{y_t}$[/tex] in equation (2), we get

[tex]\frac{B_t}{V_t}=\frac{(1+\gamma)}{(1+g)} \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}[/tex]

We know, [tex]$\frac{1+x}{1+y} \approx 1+x-y$[/tex]

[tex]& \text { So, } \frac{B_t}{y_t} \approx(1+\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t}-4 \\[/tex]

[tex]& \Rightarrow \frac{B_t}{y_t}=\frac{B_{t-1}}{y_{t-1}}+(\gamma-g) \frac{B_t-1}{y_{t-1}}+\frac{G_t-T_t}{y_t} \\[/tex]

[tex]& \Rightarrow \frac{B_t}{y_t}-\frac{B_{t-1}}{y_{t-1}}=(\gamma-g) \frac{B_{t-1}}{y_{t-1}}+\frac{G_t-T_t}{y_t} \quad[/tex] Hence proved

Equation (4) is the evolutionary equation for Debt_to-4DP Ratio. where [tex]$G_t-T_t=$[/tex] Primary Deficit

[tex]\Rightarrow \frac{G_t-T_t}{y_t}[/tex] = Primary deficient ratio

Higher the Primary Deficit, higher will be the next year debt-to-GDP Ratio [tex]$\left(\frac{b_t}{y_t}\right)$[/tex]

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thinking ahead to retirement, assume you will be able to earn a 10 percent return on your investments. if you have saved $230,000 and expect to live 17 more years when you retire, calculate the annual annuity you will be able to receive for 17 years. (enter your answer as a positive number rounded to 2 decimal places.)

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Retirement is the cessation of one's employment, occupation, or active working life. [1] Another way to semi-retire is to work fewer hours or with less job. When they are old or unable to work due to health issues,

many people decide to retire. People may also retire when they are eligible for private or public pension benefits, while others are compelled to do so due to legislation governing their jobs or because their physical conditions make it impossible for them to continue working (due to disease or accidents). [2] The concept of retiring was first popularized in the late nineteenth and early twentieth centuries in the majority of nations. Low life expectancy previously

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an increase in the price of oil is also a signal to oil suppliers to invest more in exploration, to search for alternatives, and to increase recycling.

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This assertion is accurate. A rise in oil prices also encourages oil producers to spend more on exploration, look for alternatives, and boost recycling.

What kind of inflation does an increase in oil prices bring about?

Supply shocks that impede production, like natural disasters, or drive up production costs, like high oil prices, can limit overall supply and cause "cost-push" inflation, in which the cause of price increases is a disruption in supply.

The ecology benefits from high oil costs, right?

One way or another, the negative impact of high gas, oil, and coal costs on consumers is positive for the environment since it reduces the demand for fossil fuels. On the other hand, because they promote supply, the effects of high prices on producers are harmful to the environment.

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As a component of the capitalization of future earnings or cash flows method, the future earnings or cash flows as estimated by the valuation analyst:O exclude any compensation to the owner(s) of the business O exclude any income or expense items generated from non-operating assets and liabilitiesO are based only on the historical results of operations in the fiscal year O closest to the valuation date are always calculated on an after-tax basis

Answers

The future earnings or cash flows as estimated by the valuation analyst must exclude any compensation to the owner(s) of the business, any income or expense items generated from non-operating assets and liabilities, and any extraordinary items such as one-time gains or losses. The future earnings or cash flows should be based only on the historical results of operations in the fiscal year closest to the valuation date.

It is a method of business valuation that is based on the expected future earnings or cash flows of the business. This method is used calculate the current value on based of estimation of the business by capitalizing the future earnings or cash flows at a discount rate that is appropriate to the level of risk associated with the business.

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The marginal cost of a monopolist is constant and is R10. The marginal revenue curve is given as follows:
MR = 100 - 2Q
The profit-maximizing price is.

Answers

To find the profit-maximizing price, we need to find the quantity at which the marginal cost equals the marginal revenue. At this point, the monopolist will be maximizing profits because any additional unit sold will result in a decrease in profit due to the higher marginal cost.

How to calculate for the same?

We can set the marginal cost equal to the marginal revenue and solve for the quantity:

MC = MR

R10 = 100 - 2Q

2Q = 100 - R10

2Q = 90

Q = 45

We can plug this quantity back into the marginal revenue equation to find the corresponding price:

MR = 100 - 2Q

MR = 100 - 2 * 45

MR = 10

So the profit-maximizing price for the monopolist is 10.

What is revenue curve?

A revenue curve is a graphical representation of the relationship between the quantity of a product or service that is sold and the total revenue that is generated. It shows how the total revenue changes as the quantity of the product or service increases. In economics, the revenue curve is used to understand how changes in the quantity of a product or service sold can affect the total revenue of a business.

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with approximately 83 percent of design business, is the most commonly practiced interior design specialty

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With approximately 83% of design business, office is the most commonly practiced interior design specialty.

What does interior design entails?

This refers to art and science of enhancing the interior of a building to achieve a healthier and more aesthetically pleasing environment for the people using the space. An interior designer is the person that plans, researches, coordinates, and manages such enhancement projects.

Further, an interior design is a profession that includes conceptual development, space planning, site inspections, programming, research, communicating with the stakeholders of a project, construction management, and execution of the design.

As well, profession of an interior design has been a consequence of the development of society and the complex architecture that has resulted from the development of industrial processes.

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suppose nike and adidas are considering whether to develop new advertising campaigns. for each pair of strategies, the blue triangle at the top of each square shows nike's payoff and the yellow triangle at the bottom of each square shows adidas's payoff, in billions. use this information to complete the sentences.

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The best outcome for Nike is to Advertise and for Adidas to not Advertise

If Adidas chooses not to advertise, their best result will happen if Nike chooses not to advertise. The Nash equilibrium for this advertising game is for Nike to choose to Advertise and for Adidas to not Advertise

What does marketing in a firm entail?

Marketing your company through advertising is one strategy to boost sales or enhance audience awareness of your goods or services. Your advertising may contribute to a customer's initial perceptions of your company before they interact with you and make a purchase.

Advertising is an effective technique that you may use to draw clients, educate them about your products, and gain their trust. The majority of businesses utilize some form of advertising to market their goods and services.

The  benefit of advertising are:

Increased customer reachincrease consumer knowledge of your brand and company.promote the advantages of your goods and services.provide details about your company.

Therefore, Nike will be better off without advertising as their sales are up based on the table but Adidas have to advertise if they want to bring their sales up.

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T/F: Shippers that transport goods via water carriers incur very low costs compared with the rates for other transportation modes.

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Shippers that transport goods via water carriers incur very low costs compared with the rates for other transportation modes- true.

What is transportation?

Transportation definition Moving products from the point of production to the point of consumption is a part of marketing. Goods can be transported from producers to wholesalers and stores, where customers can purchase them. The function of transportation is essential to marketing. The physical methods of moving people and products from one location to another are provided by transportation. In other words, it deals with moving the items from their manufacturing locations to their consuming locations. Any company that participates in the movement of people or products is said to be in the transportation business. It might also involve providing transportation for other business owners who require assistance connecting their product to their primary line of operation.

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A ____________________________ is one economic mechanism by which government borrowing can crowd out private investment.1) deficit decrease2) smaller trade surplus3) larger trade surplus4) higher interest rate

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One economic method through which government debt can displace private investment is the higher interest rate. Lower private capital investment is typically associated with higher interest rates.

How would you define interest?

The fee you pay when borrow the money or the fee you pay to lend money is called interest. The most common way to represent interest is as a yearly percentage of the loan amount. The interest rate just on loan is known as this percentage.

Which 4 interest categories are there?

Top 7 Interest Categories

Interest Rate Fixed.Rate of Variable Interest.yearly percent ratePrime Rate of InterestRate of Discounted Interest.Rate of Simple Interest.Rate of Compound Interest.

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Condensed financial data are presented below for the Phoenix Corporation:20X2 20X1Accounts receivable $ 267,500 $ 230,000 Inventory 312,500 257,500 Total current assets 670,000 565,000 Intangible assets 50,000 60,000 Total assets 825,000 695,000 Current liabilities 252,500 200,000 Long-term liabilities 77,500 75,000Sales 1,640,000 Cost of goods sold 982,500 Interest expense 10,000 Income tax expense 77,500 Net income 127,500 Cash flow from operations 71,000 Cash flow from investing activities (6,000) Cash flow from financing activities (62,500) Tax rate 30 %The long-term debt to assets for 20X2 is (rounded):Multiple Choicea. 43.4%b. 10.2%c. 40.0%d. 9.4%

Answers

The long-term debt-to-assets ratio for 20X2 is d) 9.4%.

What is the debt-to-assets ratio?

The long-term debt-to-total-assets ratio is the percentage of the assets of the business owned by its long-term creditors.

The debt-to-total assets ratio measures the company's debt capacity in relation to the percentage contributed by shareholders to the assets.

It is one of the financial leverage ratios.

Phoenix Corporation:

Balance Sheet                   20X2           20X1

Accounts receivable   $ 267,500   $ 230,000

Inventory                          312,500      257,500

Total current assets       670,000      565,000

Intangible assets              50,000       60,000

Total assets                    825,000     695,000

Current liabilities            252,500    200,000

Long-term liabilities          77,500      75,000

Income Statement:

Sales 1,640,000

Cost of goods sold 982,500

Interest expense 10,000

Income tax expense 77,500

Net income 127,500

Statement of Cash Flows:

Cash flow from operations 71,000

Cash flow from investing activities (6,000)

Cash flow from financing activities (62,500)

Tax rate = 30%

20X2:

Long-term debt = $77,500

Total assets = $825,000

Long-term debt-to-assets ratio = 9.4% ($77,500/$825,000 x 100)

Thus, based on the long-term debt-to-assets ratio, we can conclude that long-term creditors contributed 9.4% to the assets of Phoenix Corporation in 20X2.

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Marketers can influence the outcome of the evaluation stage of the consumer purchase decision process by:
A. attempting to convince consumers that certain attributes are more important than others in deciding which product to buy from among an array of them.
B. identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.
C. trying to get the customer to reduce the size of the evoked set to exclude many of the choices.
D. attempting to convince the consumer to spend more than what was budgeted for the purchase to acquire more features they might prefer.

Answers

The correct answer is option (B)

which is identifying which evaluative criteria are important to the individual, and pointing out which brand best meets those criteria.

By determining which evaluative factors are significant to the individual and emphasising which brand best fits those criteria, marketers can affect the outcome of the assessment stage of the consumer purchase decision process.

A prospective buyer may stop the process at any point before making the actual purchase once it has begun. The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items. Complex decision-making is what is meant by this.

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The dollar-value LIFO cost-to-cost retail ratio does not include O purchases. O beginning inventory. O net markups and markdowns. O ending inventory

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The dollar-value LIFO cost-to-cost retail ratio does not include all the options

The dollar-value LIFO cost-to-cost retail ratio is a measure of the relationship between the cost of goods sold (COGS) using the last-in, first-out (LIFO) method and the retail value of the items sold. It is calculated by dividing the COGS using the LIFO method by the retail value of the goods sold.

The method does not include purchases, or beginning or ending inventory, as these items are not relevant to the ratio calculation. The ratio only considers the cost of goods sold and the retail value of the goods sold during a specific period of time. Further, the net markups and markdowns are not included in the calculation of the dollar-value LIFO cost-to-cost retail rate Markups and markdowns refer to the difference between the cost of goods and their selling price and are not considered part of the cost of goods sold.

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The most accurate way to assess training effectiveness is to conduct pretests and posttest and then train all the employees, true or false?

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True, Conducting pretests and posttests before teaching all of the staff is the most precise technique to gauge the effectiveness of the training.

How would you define effectiveness?

Productivity is the capability to attain the obvious result or result. The quality of usefulness is the ability to achieve the desired goal projected result or leave a significant, long-lasting impression.

What does business effectiveness mean?

Being effective requires focused upon that "right" things that help business goals and give economic value.. Few teams today are successful in linking their present job to more general organizational goals the most precise technique to gauge the effectiveness of the training.

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the c shellsort() function takes an array of gap values as a parameter. the array must contain a gap value of to guarantee proper sorting.

Answers

If the collection of gap values contains 1, ShellSort will correctly sort an array using that collection. the InsertionSort method The normal insertion sort is identical to interleaved with a gap of 1.

How does Shellsort work?

An expanded variant of the insertion sort algorithm is shell sort. In order to lessen the distance between the components to be sorted, it first sorts those that are far apart from one another. Based on the chosen sequence, the space between the pieces is compressed.

What is gap size in shell sort?

We start by selecting a gap size, which establishes the distance between the values in a subsequence. In the case of a starting gap size of 6, for instance, the first subsequence would contain values at positions 1, 7, 13, 19, and so forth, whereas the second subsequence would contain values at positions 2, 8, 14, 20, and so forth.

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when a client's concerns include depressive feelings, low self-esteem, and other serious mental health issues, career counselors should

Answers

The career counselors should take a holistic approach and collaborate with the client to create a tailored plan of action. This plan should include a combination of therapy, self-care activities, and lifestyle changes that could help the client address their concerns.

Additionally, career counselors should refer clients to other specialists if needed, such as a psychiatrist or psychologist, to help the client with more severe mental health issues. It is important to evaluate the client's interests, skills, values, and lifestyle to develop a plan that will best meet the client's needs. The counselor should also discuss the client's current financial situation and any other obstacles that could prevent them from pursuing the career path of their choice.

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Movements along versus shifts of demand curves
Event:
A change in the expectations of consumers about prices.
A decrease in the number of consumers.
An increase in the price of donuts.
An increase in the number of consumers.
A change in tastes of consumers that makes them desire more hot dogs.
A decrease in the price of hot dogs.
A decrease in the price of cereal
a change in tastes of consumers that makes them desire more cereal
an increase in the price of milk (a complement for cereal)
shift; shift; movement along
shift; shift; movement along
Movement along; shift, shift
The demand curve for donuts shows the relationship between the price of donuts and the quantity of donuts demanded by consumers, assuming that all of the determinants of demand are held constant. The following list displays determinants of demand, which are the factors that affect the quantity of donuts consumers want to buy at a given price: price of a related good (complement or substitute), income of consumers, tastes of consumers, number of consumers, expectations of consumers.

Answers

The movement of the demand curve as hot dog prices decline. a shift in consumer preferences that increases their appetite for hot dogs.

What is consumer preferences?Consumer preference refers to decisions made by consumers to increase their level of satisfaction. Although consumers can choose some of the products they purchase, they are not always able to get exactly what they want.The theory of consumer preference has been around for many years. It has been used to explain consumer behavior. The application of consumer preference can be done in a variety of ways, including marketing, advertising, product design, etc.According to the theory, consumers are affected by their own preferences, other people's preferences, and the environment in which they make decisions. In addition to social norms and cultural values, which can be viewed as social pressure to adhere to particular behaviors or beliefs, consumers are also influenced by these factors.

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is a risk response where the risk owner reduces the probability of a threat against an asset by utilizing resources.

Answers

In a qualitative risk response, the risk owner employs resources to lessen the likelihood that a threat would be made against an asset.

What is a resource and examples?

A resource is a tangible good that people value and require, such as water, land, and air. Whether a resource is regarded as renewable or nonrenewable depends on whether it can replace itself at the same rate it is used up or has a finite amount. A supply or support source: a practical way. A natural source of wealth or income, which is most often used in plural. A natural phenomena or trait that improves the quality of human existence; frequently used in plural.

Why are resources important?

Resources are important to humans for the following reasons: When resources are used as a raw material, human needs or comforts are addressed. They also present chances for employment. Any country's development depends on its resources. For instance, industrial development requires mineral resources and the production of energy requires fossil fuels. The unwise and excessive exploitation of natural resources leads to socioeconomic and environmental problems.

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Vertical Analysis of Income Statement
For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the
year, Leif Grando, the president, is presented with the following condensed comparative income statement:
3. PR.14-05B
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,300,000 $1,180,000
Cost of goods sold 682,500 613,600
Gross profit $617,500 $566,400
Selling expenses $260,000 $188,800
Administrative expenses 169,000 177,000
Total operating expenses $429,000 $365,800
Income from operations $188,500 $200,600
Other income 78,000 70,800
Income before income tax $266,500 $271,400
Income tax expense 117,000 106,200
Net income $149,500 $165,200
Required:
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to
one decimal place. Enter all amounts as positive numbers.
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Sales $1,300,000 % $1,180,000 %
Cost of goods sold 682,500 % 613,600 %
Gross profit $617,500 % $566,400 %
Selling expenses 260,000 % 188,800 %
Administrative expenses 169,000 % 177,000 %
Total operating expenses $429,000 % $365,800 %
Income from operations $188,500 % $200,600 %
Other income 78,000 % 70,800 %
Income before income tax $266,500 % $271,400 %
Income tax expense 117,000 % 106,200 %
Net income $149,500 % $165,200 %
2. The net income as a percent of sales has
. All the costs and expenses, other than selling expenses, have maintained their approximate cost as a percent of sales relationship between 20Y1 and 20Y2.
Selling expenses as a percent of sales, however, have . Apparently, the new advertising campaign been successful.
The increased expense produced sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales have

Answers

As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.

Give a brief account on income statement.

One of a firm's financial statements, an income statement displays the sales and expenses the company incurred within a specific time period. Managers and investors can determine whether a company made money during the reporting period by looking at the income statement.

Charitable organizations are not required to prepare an income statement but are instead required to disclose financial statements. Instead, they produce a comparable statement that contrasts funding sources with program costs, overhead costs, and other operating commitments. The declaration of actions is another name for this sentence. The donor constraints on the funds received and spend are used to further categorize revenues and expenses in the statement of activities.

To solve the question.

1. Comparative Income Statement and working note are attached below.

2. As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.

However, the percentage of selling expenses to sales has gone up. It appears that the new marketing initiative has been successful.

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As a provider of funds to a corporation, owning which of the following corporate securities will give you the most control rights?
A. short-term bank loan
B. long-term bond
C. preferred stock
D. common stock.... Common stock usually allows voting rights which could be used to exercise control over a firm.

Answers

As a provider of funds to a corporation, owning which of the following corporate securities will give you the most control rights is B. long-term bond.

What is corporation?

A corporation serves as the business entity  which is been owned by the  shareholder(s), who elect a board of directors to oversee the organization's activities however the corporation is liable for the actions as ell as  finances of the business  however the shareholders are not.

It should be noted that the Long-term bonds serves as opne that term to maturity of between 10 years and 30 years however these kind of  bonds generally pay a higher interest rate  compare to theshort-term and intermediate bonds and in thiscase the Bond issuers  can pay higher interest rate for the bonds in exchange .

Therefore, option B is correct.

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c. as the number of non-correlated stocks increase in a portfolio, overall variance will likely decrease

Answers

The aforementioned assertion is accurate; as a portfolio's non-correlated stock holdings grow, its total variance will probably decrease.

What transpires if a portfolio's stock count rises?The projected systematic risk should stay a constant as more stocks are added to the portfolio, bringing the aggregate risks closer to it.Given that the variance (or standard deviation) of the portfolio represents the x-axis of the efficient frontier, modern portfolio theory suggests that portfolio variance can be decreased by selecting asset classes with a low or negative correlation, such as stocks and bonds.If the characteristic of the sample has little variance, the correlation coefficient will be smaller. An illustration of this pattern is the relationship between IQ and academic success. Only including kids with comparable academic performance reduces the correlation.

The complete question is,

Genuine or fake. A portfolio's total variance will probably decrease as the proportion of non-correlated equities grows.

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Which of the following is true regarding the board of directors of a corporation?
A. Corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as any other information affecting the operation of the corporation.
B. Corporate directors have an absolute right of inspection to access the corporation's books and records, but not facilities and premises.
C. Corporate directors do not have an absolute right of inspection to the corporation's books and records, or the facilities and premises.
D. Corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as other information only if the shareholders vote by majority vote to allow such access.
E. The articles of incorporation may limit the right of the board of directors to inspect the corporation's books and records, and facilities and premises, as well as other information.

Answers

The true statement about the board of directors of a corporation is that the corporate directors have an absolute right of inspection to access the corporation's books and records, facilities, and premises, as well as other information only if the shareholders vote by majority vote to allow such access. The Option D is correct.

What Is Board of Directors (B of D)?

In an organization, the board of directors are the governing body of a company, elected by shareholders in the case of public companies to set strategy and oversee management. They meets at regular intervals. Every public company have a board of directors but some private companies and nonprofit organizations also a board of directors.

Generally, the board of director makes decisions as a fiduciary on behalf of the company and its shareholders. Some issues that fall under board's purview include the hiring and firing of senior executives and their compensation, dividends, major investments, and mergers and acquisitions.

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refers to having other people help you by reading the draft and communicating with you about its strengths and weaknesses.

Answers

Evaluating is the process of getting assistance from others by having them read your manuscript and discuss its advantages and disadvantages with you.

What does assessing accomplish?

A programmed, precise, intervention, or initiative's effectiveness in achieving its objectives can be studied scientifically by using evaluation. Evaluations help identify the aspects of a programme or effort that are successful and those that could be improved.

What is an illustration of evaluation?

Review Sentence Samples He paused to inspect the gold-plated jeweler. In order to make rescue efforts easier, assess the run-out beneath the rapid. To employ in the driver, we first examine a variety of compression algorithms. I look for opportunities, he claimed.

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1.A casual dining chain has experienced over 100 cases of food poisoning in several U.S. cities. The parent company of the chain immediately acknowledged the situation and relayed information about its ongoing investigation. The spokespeople stressed that "our primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a(n) __________ issue.
Multiple Choice
• an advertorial
• public relations
• event marketing
• network marketing
• indirect advertising

Answers

As the spokespeople stressed that "their primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a public relations issue. The Option B is correct.

What is public relations in marketing?

In marketing, public relations means set of techniques and strategies related to managing how information about an individual or company is disseminated to the public and most especially the media. The primary goals of public relations are to disseminate important company news or events, maintain a brand image and put a positive spin on negative events to minimize their fallout.

A company public relations may occur in the form of press release, news conference, interviews , social media posting etc. Every entity operating in the public eye faces spread of information about them or their practices to the public.

In conclusion, as public relations is an industry unto itself, any attempt to portray oneself in a certain way to others can be considered a form of public relations.

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