The bank should use the perpetual inventory system to know how much a customer has in their account at any particular time. It will enable the bank to determine if the customer has available funds for a withdrawal from their account.
The perpetual inventory system is an inventory management system that maintains a continuous record of inventory levels and transactions, allowing for real-time inventory tracking. It provides information about inventory levels, sales trends, and inventory costs, among other things, which can help companies make informed business decisions. In a perpetual inventory system, inventory records are updated whenever there is a transaction, such as a purchase, sale, or return. As a result, the inventory balance is always up to date, and the system can provide information about the quantity and value of inventory on hand at any given time. This system can help businesses identify which products are selling well and which are not, enabling them to make adjustments to their operations to optimize profitability.
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productminus−cost crossminus−subsidization ________.
Product cost cross-subsidization is a term used to describe the practice of setting prices for products in a way that compensates for the costs incurred in producing other products.
In such cases, a company may set a higher price for a product with a lower production cost to help cover the costs of producing a product with a higher production cost. This can be done either by charging a premium price for the low-cost product or by discounting the high-cost product.
The purpose of product cost cross-subsidization is to ensure that the company can continue to offer a range of products, including those that are less profitable, without having to raise prices across the board. This can be important for maintaining customer loyalty and market share, especially in industries where there is intense competition.
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A corporation’s decision-makers agreed with many of the recommendations brought out by a marketing research study and 50 words or less describe the next move
A corporation’s decision-makers agreed with many of the recommendations brought out by a marketing research study. They are Prioritization, Planning, Resource Allocation, Communication, Monitoring and Evaluation, Continuous Improvement.
The process may involve several steps:
1. Prioritization: The decision-makers would prioritize the recommendations based on their potential impact and feasibility. They would identify the most critical areas that require immediate attention and focus their efforts on those.
2. Planning: A detailed implementation plan would be developed, outlining specific actions, timelines, and responsibilities. This would ensure that everyone involved understands the steps to be taken and the expected outcomes.
3. Resource Allocation: Adequate resources, including financial, human, and technological resources, would be allocated to support the implementation process. This could involve budgeting for necessary investments, hiring additional staff, or training existing employees.
4. Communication: Effective communication would be key to ensure that all relevant stakeholders, both internal and external, are informed about the planned changes and their implications. This would help garner support, address concerns, and create buy-in for the implementation efforts.
5. Monitoring and Evaluation: The decision-makers would establish mechanisms to monitor the progress and evaluate the effectiveness of the implemented recommendations. This could involve tracking key performance indicators, gathering feedback from customers or employees, and making adjustments as needed.
6. Continuous Improvement: The corporation would embrace a culture of continuous improvement, using the results and insights gained from the implementation to refine their strategies further. This would involve ongoing analysis, learning, and adaptation to ensure long-term success.
By implementing the recommended changes, the corporation can expect to enhance its marketing efforts, improve customer satisfaction, increase market share, and achieve its business objectives more effectively. It is crucial to maintain a proactive and adaptive approach to address evolving market dynamics and capitalize on new opportunities.
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How does 90 benefit payers?
Employers have options with 90 Degree Benefits, including reference-based pricing, direct facility contracts, concierge medicine, and standard network design.
We provide health plans built on specially developed benefits tailored to the needs of our clients across the nation through 24 offices servicing 560,000 members.
In our opinion at 90 Degree Benefits, a good health plan offers more than simply coverage. You can effortlessly align patients, providers, and payors with our assistance.
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Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.
The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).
What do you mean by skills, interest?Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?
There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.
Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
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Which best describes how specialized producers decrease their opportunity costs?
Oby reducing production costs
O by focusing on target markets
O by increasing production of certain items
Oby limiting the types of goods produced
The specialized producers decrease their opportunity costs by limiting the types of goods produced. Thus the correct option is last.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
It's crucial to keep in mind that a supplier with a competitive edge can provide a good or service for less money than a rival supplier. By limiting teh goods producers can decrease the opportunity Cost.
Opportunity costs can be seen in every situation where a person is required to decide between something and giving up something else. In accordance with this theory, economic agents choose options that maximize benefits.
Therefore, option D is appropriate.
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.Which of the following is a major disadvantage of using the Internet as a marketing channel?
A) It is less effective for complex products.
B) It lacks convenience and practicality.
C) It cannot be used to reach a wide audience.
D) It is considered expensive.
E) It causes the company to lose direct contact with customers.
The main disadvantage of using the Internet as a marketing channel is It causes the company to lose direct contact with customers.(E)
While the Internet offers a wide reach, convenience, and cost-effectiveness, it also leads to losing direct contact with customers. Traditional marketing channels, like face-to-face interactions or phone calls, allow for a more personalized and in-depth understanding of customers' needs and preferences.
In contrast, online marketing channels often rely on automated processes and data collection, which can lead to impersonal experiences and difficulties in building long-lasting customer relationships.
Additionally, online communication can be prone to misunderstandings or delays, further complicating the process of maintaining strong customer connections.(E)
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why did God call abraham
Answer: god chose Abraham and said i will make you a great nation and i will bless you.
Explanation: god commanded Abram to move to another country . This is why god planned to make of Abram a new nation from which the prophets of god and the savior of the world would arise.
You may be a student, someone's child, a parent, an employee, and a spouse. These positions are called:
Answer:social roles. ... social roles. Only $35.99/year. You may be a student, someone's child, a parent, an employee, and a spous
Explanation:
Fromme's Frocks has the following machine hours and production costs for the last six months of last year:
Month Machine Hours Production Cost July 16,600 $ 12,155 August 15,100 12,400 September 13,100 9,740 October 17,100 12,240 November 16,400 11,772 December 13,700 9,970 If Fromme expects to incur 12,200 machine hours in January, what will be the estimated total production cost using the high-low method?
a. $19,865.00.
b. $7,625.00.
c. $9,177.50.
d. $8,732.63.
uantity demanded moves along the demand curve in response to changes in
A. price.
B. income.
C. preferences.
D. expectations.
Uantity demanded moves along the demand curve in response to changes in price. The answer is OPTION A.
A shift along a demand curve is used to illustrate a change in quantity demanded. The elasticity of demand, which is correlated with the slope of the demand curve, is the ratio of the change in quantity required to a change in price.
Changes in tastes, population, wealth, the cost of replacement or complementary commodities, and expectations for future circumstances and pricing are just a few of the variables that can cause the demand curve for goods and services to move, resulting in a different quantity being demanded at any given price. The answer is OPTION A.
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HOW DOES IT OPERATE?
Directions: Choose a product you are interested in. Then, conduct research to answer the following questions. If you cannot find the answer to a question, use what you’ve learned about the operations function to put yourself in an operations manager’s place, then make an educated guess. When you have finished your research, share your findings with your instructor, either through a verbal report or in a written, one-page paper.
Where is the product produced?
What factors likely played a part in this choice of location?
What is the layout of the facility where this product is produced?
What materials must be purchased to produce this product?
How is quality control conducted for this product?
What inventory control needs does the maker of this product have?
How does the maker of this product handle logistics (storage and transportation)?
How do routing and scheduling fit into this good’s operating system?
What safety and security concerns are associated with making this product?
What maintenance and repairs are required to make this product?
To answer your questions, let's consider a hypothetical product: smartphones.
Production Location:
Smartphones are produced in various locations worldwide, including countries like China, South Korea, Taiwan, and the United States. The choice of production location is influenced by several factors, such as labor costs, availability of skilled workers, infrastructure, proximity to suppliers and markets, government regulations, and political stability.
Facility Layout:
The facility where smartphones are produced consists of different areas for various production processes, including assembly lines, testing stations, quality control checkpoints, packaging areas, and storage facilities. The layout is designed to optimize the flow of materials and ensure efficient production.
Materials:
To produce smartphones, various components and materials are required, such as semiconductors, displays, batteries, casings, circuit boards, connectors, and software. These materials are typically purchased from suppliers, both domestic and international, based on factors like quality, cost, reliability, and availability.
Quality Control:
Quality control is a crucial aspect of smartphone production. It involves conducting inspections, tests, and certifications at different stages of the manufacturing process. This includes checking the functionality, performance, durability, and safety of the components and the final product. Quality control may involve manual inspections, automated testing equipment, statistical sampling, and adherence to industry standards.
Inventory Control:
The maker of smartphones needs effective inventory control to manage the availability of components, materials, and finished products. This involves forecasting demand, determining optimal inventory levels, monitoring stock levels, and implementing systems like just-in-time (JIT) or vendor-managed inventory (VMI) to minimize inventory holding costs and avoid stockouts.
Logistics:
Logistics in smartphone production involves storage and transportation of components, materials, and finished products. This includes managing warehouses or distribution centers for storing inventory, coordinating transportation modes (such as air, sea, or land), selecting logistics partners or carriers, optimizing shipping routes, and ensuring timely delivery to distribution channels or customers.
Routing and Scheduling:
Routing and scheduling play a crucial role in the operating system of smartphone production. This involves planning and optimizing the movement of materials and products within the facility, as well as coordinating production processes and tasks to ensure efficient use of resources, minimize bottlenecks, and meet production targets. Advanced planning and scheduling (APS) software may be used to optimize production schedules.
Safety and Security:
Safety and security concerns in smartphone production include ensuring the well-being of workers, complying with occupational health and safety regulations, implementing security measures to protect intellectual property, preventing theft or unauthorized access to facilities, and addressing potential hazards associated with handling electronic components or hazardous materials.
Maintenance and Repairs:
To ensure the continuous production of smartphones, regular maintenance and repairs are required. This includes preventive maintenance of machinery and equipment, scheduled inspections, routine calibration of testing equipment, and prompt repairs in case of breakdowns or failures. Maintenance may be carried out by in-house technicians or outsourced to specialized service providers.
It's important to conduct further research and refer to industry-specific sources to obtain accurate and up-to-date information for a particular product or manufacturer. Maintenance may be carried out by in-house technicians or outsourced to specialized service providers.
Remember, these answers are based on general knowledge of operations management principles and may not apply to a specific product or company. It's important to conduct further research and refer to industry-specific sources to obtain accurate and up-to-date information for a particular product or manufacturer.
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Jane is a team leader. Match her leadership and teamwork skills to the appropriate descriptions
making her team understand the requirements of a
project and planning an approach for meeting the
goals of the project
developing a milestone chart to review team progress
with respect to project deliverables
eliminating opportunities for misinterpretation by using
clear communication, both written and spoken
encouraging the team to work toward reaching the
project deadline
Jane is a good communicator.
Jane is motivating and empowering her team.
Jane is planning and organizing.
Jane is communicating a vision.
Jane's leadership and teamwork skills are to the appropriate descriptions to make her team understand the requirements below.
What are skills?A skill is the acquired capacity to move with deliberate intent and good execution, frequently in a pre-determined window of time or energy or both. Domain-general and domain-specific skills are two common categories of skills.
Jane is a good communicator. - eliminating opportunities for misinterpretation by using clear communication, both written and spoken
Jane is motivating and empowering her team. - encouraging the team to work toward reaching the project deadline
Jane is planning and organizing. - developing a milestone chart to review team progress with respect to project deliverables
Jane is communicating a vision - project and planning an approach for meeting the goals of the project
Therefore, The above are The skills That match jane's leadership and teamwork skills.
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The average U.S. worker is MOST likely to hold about _____ jobs between the ages of 18 and 25. Please choose the correct answer from the following choices, and then select the submit answer button. three two seven five
Some HR workers investigate possible company violations. Why is it important for these workers to reserve judgment and be impartial? Explain in your own words. Then, imagine a situation in which someone may NOT reserve judgment and/or may NOT be impartial. Describe that situation.
To ensure a fair and impartial investigation, HR employees investigating potential company violations must reserve judgment and remain impartial.
Why is it critical for these employees to exercise impartiality and reserve judgment?HR professionals can gather all relevant data, facts, and evidence if they are impartial, and then evaluate it without having any preconceived notions or personal biases. They are able to make sound decisions using this strategy rather than relying on their own irrational thoughts or feelings to make decisions.
A situation in which the HR worker conducting the investigation is personally connected to or has a close relationship with the accused party could indicate that the individual may NOT reserve judgment or be impartial.
In such a scenario, the HR employee may feel compelled to safeguard their friend or coworker, which may result in a biased investigation and a result that does not accurately reflect the situation. The HR department's impartiality and integrity could be questioned in this scenario, which would jeopardize the investigation.
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when production is outsourced, a domestic fiscal stimulus could lead to:group of answer choicesdecreased imports.increased imports.a net loss.a net gain.
The effects of a domestic fiscal stimulus when production is outsourced can vary. While increased imports or decreased imports are potential outcomes, without additional information, it is difficult to determine whether a net loss or a net gain would occur.
When production is outsourced, a domestic fiscal stimulus can have various effects. Let's consider each answer choice and its potential outcome:
1. Decreased imports: If a domestic fiscal stimulus is implemented, it may lead to increased consumer spending. This increased demand for goods and services could result in a decrease in imports as domestic production ramps up to meet the demand.
2. Increased imports: Conversely, if a domestic fiscal stimulus increases consumer purchasing power but domestic production is unable to meet the increased demand, imports may increase to fill the gap between supply and demand.
3. A net loss: This answer choice suggests that a domestic fiscal stimulus would result in an overall loss. However, without further context, it is challenging to determine how outsourcing production specifically affects this outcome.
4. A net gain: Similarly, this answer choice implies a positive outcome, but it does not provide specific details regarding the impact of outsourcing production.
In conclusion, the effects of a domestic fiscal stimulus when production is outsourced can vary. While increased imports or decreased imports are potential outcomes, without additional information, it is difficult to determine whether a net loss or a net gain would occur.
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Which of the following is a benefit of determining your personal vision:
a. A personal vision can help you discover your purpose in life.
b. A personal vision guarantees that you will achieve your dreams.
c. A personal vision finalizes every aspect of your career path.
d. A personal vision allows you to work less and accomplish more.
Answer: the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.
• Here, - 0.4 is the smaller number, and 44.4 is the larger number.
• Therefore, the difference between the two is 44.4 - (- 0.4).
• Now, in mathematics, - and - makes a +.
This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8
∴ The required difference is 44.8.
Explanation: follow meif you want to help more
Chip and Charlie own a local pizza shop. The pizza was the talk of the neighborhood. When
customers suggested that they open more stores, Chip and Charlie were hesitant. They didn’t
have the money. Chip and Charlie went ahead with plans to open another shop across town.
To finance the venture, the partners formed a private corporation and sold shares of stock to
friends. They chose a legal arrangement that allowed them to avoid dual taxation.
The form of private corporation that Chips and Charlie chose is the S corporation.
An s corporation is a type of privately held corporation that elects to pass its corporate earnings through its shareholders for the purposes of federal tax. This allows a s-corporation to be taxed only once. The company does not pay federal income tax.
In order for a corporation to be classified as a s corporation, it must meet several requirements set forth by the Internal Revenue Service. Some of these requirements include:
Shareholders must not exceed 100.The corporation should be incorporated in the United States.The corporation must have only one type of shares.To learn more about s corporation, please check: https://brainly.com/question/16128695?referrer=searchResults
A representative of the pear company explains that pears are typically stored in small, tightly sealed storage bins just after harvesting. He asks whether the ripening process would be different if the same number of pears were stored in a much larger room with better ventilation. Predict whether these two scenarios can be expected to yield the same results, and explain your reasoning.
Workers at a company that grows and sells fresh pears have noticed that the pears seem to mature slowly at first, but then abruptly show extraordinarily quick ripening.
Explains that pears are typically stored in small, tightly sealed storage bins just after harvesting?"Your pears are under positive feedback control," says Team A. Ethylene accelerates the ripening of fruit by causing both its own production in fruit and the creation of enzymes that catalyze the breaking of cell walls, claims Team B. Both scientific teams presented claims that aid in explaining the acceleration of pear ripening in storage that has been noticed. Because of increased ethylene levels, which indicate increased cell-wall breaking as part of the ripening process, the pears are beginning to ripen. Since there isn't much ethylene at first, ripening starts out slowly, but as time goes on, more and more ethylene is produced thanks to positive feedback regulation.
Employees of a business that grows and sells fresh pears have observed that the pears initially appear to mature slowly before suddenly showing an abnormally rapid ripening. This has the company concerned. Officials from the company, perplexed, ask two separate science teams to investigate the issue.This implies that ethylene concentrations increase very quickly, which causes ripening to increase similarly quickly.The pear company's representative says that soon after harvesting, pears are normally kept in little, tightly closed storage bins. He inquires as to whether the ripening procedure would alter if the same quantity of pears were kept in a space that was larger and had better ventilation.Learn more about storage bins and harvesting here:
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Large economies, such as the u.s. economy, should ______ adopt a flexible exchange rate, because giving up the power to stabilize the domestic economy via monetary policy _____.
It makes little sense for large economies, like the US economy, to give up the ability to stabilize the domestic economy through monetary policy, hence they should almost always choose a flexible exchange rate.
The United States' monetary policy includes those that control the creation and printing of money, the legal exchange of money, demand deposits, the amount of money in circulation, and other topics. The monetary authority in the US is the central bank, also referred to as "The Fed," or The Federal Reserve System.
Although the United States is unique in that the monetary policy responsibility is eventually shared with the United States Treasury, the Federal Reserve's board of governors and the Open Market Committee are the primary decision-makers in that country (US Treasury Securities).
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A forensic accountant is similar to a(n) ______
because they both work to combat accounting fraud
A. international accountant
B. auditor
C. certified public accountant
D. general ledger accountant
SUBMIT
Answer:
B. auditor
Explanation:
The work of an auditor and that of the forensic accountants are very similar. They both examine financial records and statements of an organization to confirm their accuracy. The auditor and forensic accountant are specialized officers. They have been trained to detect fraudulent reporting in financial statements. After evaluating the books of account, they form an opinion based on their findings.
Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
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Which of the following can result from inflation in the United States?
A. Currency exchange rates remain the same.
b. Investors buy products in other countries.
c. The price of goods in the United States falls.
d. The value of the U.S. dollar increases.
Answer:
Investors buy products in other countries (B)
Explanation:
Out of all the answers
(A) Currency exchange rates remain the same. No
(B) Investors buy products in other countries. YES
(C) The price of goods in the United States falls. No
(D) The value of the U.S. dollar increases. No
The reason why it is not A, B, or C. When inflation happens the currency exchange rates are lower cause our inflation The Price Of goods doesn't fall it actually rises, and the value of the dollar actually decreases due to inflation. It just makes sense for investors to buy from other countries where they can pay less for what they get here in the United States.
The result from inflation in the United States can investors buy products in other countries. The correct option is (b).
What do you mean by the inflation in USA?A loss of purchasing power over time, or inflation, means that your dollar will not buy as much as it did today. The annual change in prices for a basket of goods and services is commonly used to measure inflation. There are two primary inflation indicators in the US.
According to John Taylor, a Stanford economist, monetary policy is a significant factor in the rise in inflation.
According to Stanford economist John Taylor, inflation increases when the Federal Reserve sets an interest rate that is too low or when the growth of the money supply is too rapid, as it is at the moment.
Uneven price increases during an inflationary period certainly lower some consumers' purchasing power.
Therefore, the result from inflation in the United States can investors buy products in other countries.
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Why might people choose to rent a home rather than buy a home? a. They have a lot of money saved for a down payment. b. The property maintenance is the owner's responsibility. c. The interest rates on equity are too high. d.They have a long-term commitment to the area.
Renting can be a more flexible option, allowing you to move more easily if you need to. There are several reasons why people may choose to rent a home rather than buy one.
One reason is that they may not have a lot of money saved for a down payment. Buying a home typically requires a significant down payment, and not everyone has the financial resources to make such a large payment. In contrast, renting a home typically requires a smaller upfront cost, such as a security deposit and first month's rent.
Another reason why people may choose to rent a home is that property maintenance is the owner's responsibility. When you rent a home, you are not responsible for repairs or maintenance on the property. This can be a major benefit for people who don't have the time or inclination to handle these tasks themselves.
In addition, people may choose to rent a home because the interest rates on equity are too high. If interest rates are high, it may not make financial sense to buy a home. Renting may be a better option in this situation, as it can be more affordable in the short term.
Finally, some people may choose to rent a home because they have a long-term commitment to the area. If you're not sure how long you will be living in an area, it may not make sense to buy a home. Renting can be a more flexible option, allowing you to move more easily if you need to.
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Under what category of expense do manufacturing wages fall?
Answer:
Direct expenses
Explanation:
Manufacturing expenses are categorized into direct and indirect expenses.
Direct expenses are the costs that can be traced to a specific product or service. There are the expenses that relate to the production or provision of a particular good or service. Direct expenses include the cost of material, direct labor, and direct factory overhead costs.
Indirect expenses consist of operating expenses such as rent, administrative salaries, insurance, telephone, internet , and computer costs. These costs cannot be linked to a particular product.
what is 3/5 of 18 800
Answer:
11,280
Explanation:
3/5 of 18 800
=3/5 x 18 800
=0.6 x 18,800
=11,280
Dracut Company reports the following information for June: E: (Click the icon to view the amounts.) Calculate the gross profit and operating income for June using absorption costing. Begin by selecting the labels and entering the amounts to compute the contribution margin. Then, select the labels and enter the amounts to compute the operating income. Absorption Costing Data Table x Net Sales Revenue $ Gross Profit Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 760,000 200,000 192,000 160,000 63,000 Operating Income Print Done
absorption costing, the gross profit for Dracut Company in June was $568,000 and the operating income was $122,000.
Based on the information provided by Dracut Company, we can calculate the gross profit and operating income for June using absorption costing.
To begin, we need to compute the contribution margin, which is the difference between the net sales revenue and variable costs of goods sold and variable selling and administrative costs.
Contribution Margin = Net Sales Revenue - Variable Costs of Goods Sold - Variable Selling and Administrative Costs
Contribution Margin = $760,000 - $192,000 - $160,000 - $63,000
Contribution Margin = $345,000
Next, we can calculate the gross profit by subtracting the variable costs of goods sold from the net sales revenue.
Gross Profit = Net Sales Revenue - Variable Costs of Goods Sold
Gross Profit = $760,000 - $192,000
Gross Profit = $568,000
Finally, we can compute the operating income by subtracting the fixed costs of goods sold and fixed selling and administrative costs from the contribution margin.
Operating Income = Contribution Margin - Fixed Costs of Goods Sold - Fixed Selling and Administrative Costs
Operating Income = $345,000 - $160,000 - $63,000
Operating Income = $122,000
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Walmart's same store sales have been declining and those of rivals Family Dollar and Amazon have been increasing. What explains this recent change?
a. Walmart was too aggressive with its low-cost position and lost customers who wanted more upscale products.
b. Walmart changed its strategy to focused dirrerentation.
c. Amazon and Family Dollar changed their strategies to attract more upscale customers.
d. Walmart changed its strategy to attract more upscale customers.
The recent change in declining same store sales at Walmart can be attributed to Walmart's aggressive low-cost position, which may have led to the loss of customers seeking more upscale products. Option a is correct.
The decline in same store sales at Walmart can be explained by option a. Walmart's emphasis on its low-cost position might have caused them to lose customers who desired more upscale products, which were being offered by competitors like Family Dollar and Amazon. Walmart's focus on providing affordable products may have attracted a specific customer segment seeking low prices but failed to cater to the needs of customers looking for higher-end or premium products. As a result, these customers may have shifted their purchasing behavior to competitors who could offer a wider range of products, including more upscale options. Option a is correct.
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Investment: Securities 1.7. Choose any form of investment and make a presentation in a form of a power Point/ cue cards. Submit your PowerPoint presentation/ Q- cards as evidence to your teacher. Use the following factors to consider when making investment decisions to explain the impact of the form of investment of your choice. S 1.7.1 Liquidity 1.7.2 Risk
Liquidity and risk are two crucial aspects to take into account when making investment decisions.
The ease with which an investment can be changed into cash without suffering a large loss in value is referred to as liquidity. The liquidity of various investment types varies in various ways.
The uncertainty and possibility of loss connected to investment are referred to as risk. Risk levels are different for various investment vehicles.
The potential for bigger profits on investments with a higher level of risk is also accompanied by a greater likelihood of loss. Although they could offer more consistency, lower-risk investments may also produce lower returns.
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Complete the sentences to describe two different ways to rearrange slides in PowerPoint.
In
View, go to the slide deck.
Then,
a slide thumbnail to a new position.
Or, in
View, drag and drop slides to a new location in the presentation.
Answer:
In normal view, go to the slide deck.
Then, click and drag a slide thumbnail to a new position.
Or, in Slide Sorter View, drag and drop slides to a new location in the presentation.
Suppose that Company A and Company B wants to borrow USD 600 million for 10 years. Company A prefers to borrow at floating rate of interest, while Company B has a preference to borrow at fixed rate of interest. Company A is a relatively larger and less risky and banks offer it an 8% fixed or floating rate of LIBOR. The quotes of the banks for Company B are fixed rate of 11.50% or floating rate of LIBOR+2%. Both companies are interested to enter into a swap contract with swap bank who is willing to facilitate the swap by charging a spread of 75 basis points (bp) from the swap contracts with both companies. Suppose that LIBOR rate is 10% for the computation of the net interest rate for all the involving parties. Using above information fill in the following blanks. Please write all the answers in percentage with two decimal places. For instance, 0.08=8.00% Please note paid rate must be negative and received rate must be positive. Payment Legs Rate in Percentage Company A Payment rate to Banks Company A Receiving rate from Swap Bank Company A Payment rate to Swap Bank Net Rate of Company A Company B Payment rate to Bank Company B Receiving rate from Swap Bank Company B Payment rate to Swap Bank Net Rate of Company B Swap Bank Receiving rate from Company A Swap Bank Payment rate to Company A Swap Bank Receiving rate from Company B Swap Bank Payment rate to Company B Net Rate of Swap Bank How many swap contracts will be developed in this question?
The net interest rate for Company A is -0.50%, Company B is 2.25%, and the Swap Bank is -1.00%. There will be one swap contract developed in this question.
Determine how to find the net interest rate?The net interest rate for Company A in the swap contract is 10.75%, while the net interest rate for Company B is 12.25%. The swap bank receives a rate of 11.75% from Company A and pays a rate of 11% to Company A.
Additionally, the swap bank receives a rate of 12.75% from Company B and pays a rate of 12% to Company B. The net interest rate for the swap bank is 0.50%.
To calculate the net interest rates, we start with the given rates and adjust them based on the LIBOR rate. For Company A, the fixed rate offered by the bank is 8%, so the net rate received from the swap bank is 8% - LIBOR rate (10%) + swap bank spread (0.75%) = 8% - 10% + 0.75% = -1.25% + 0.75% = -0.50%. The payment rate to the bank remains at 8%.
For Company B, the fixed rate offered by the bank is 11.50%, so the net rate received from the swap bank is 11.50% - LIBOR rate (10%) + swap bank spread (0.75%) = 11.50% - 10% + 0.75% = 2.25%. The payment rate to the bank remains at 11.50%.
The swap bank receives a rate of 11% from Company A and pays a rate of 11% to Company A. Additionally, the swap bank receives a rate of 12.75% from Company B and pays a rate of 12% to Company B. The net interest rate for the swap bank is 11% - 12% = -1%.
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