A general partnership is a type of business structure that involves an association of owner/co-owners who carry on a business. In a general partnership, each owner is a co-owner of the business and is responsible for managing and operating the business.
This means that each partner has an equal share of the profits and losses of the business. In a general partnership, the owners are personally liable for any debts or legal issues that arise in the course of the business. This means that the partners’ personal assets could be at risk if the business runs into financial trouble. One of the advantages of a general partnership is that it is relatively easy and inexpensive to set up. There are no formal legal requirements for registering a partnership, and the partners can decide on their own terms and conditions for operating the business. However, it is important for the partners to have a clear agreement in place regarding the management and operation of the business, as well as the distribution of profits and losses. This can help to avoid disputes and conflicts down the line. Overall, a general partnership can be a good option for small businesses with a few co-owners who want to share the responsibilities and risks of running a business together.
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our company’s Human Resources Information Systems Division has $3,000,000 in total assets, which is the total capital employed by this division. The tax rate is 20% and the Earnings Before Interest and Tax (EBIT) of Human Resources is $770,000. What is the Economic Value Added (EVA) for the Human Resources Information Systems (HRIS) Division? Your company's WACC is 10.5%, and this division is an average-risk investment.
Economic Value Added (EVA) can be calculated by subtracting the total capital multiplied by the weighted average cost of capital (WACC) from Earnings Before Interest and Taxes (EBIT).
Economic Value Added (EVA) is an economic metric that subtracts the cost of capital from operating profit. EVA is a measure of a company's financial performance that calculates the residual wealth generated by the company after accounting for the cost of all capital used to generate that wealth.The formula to calculate EVA is as follows:
EVA = EBIT - (Total Capital x WACC)
Where,
EBIT = Earnings Before Interest and Tax
WACC = Weighted Average Cost of CapitalTotal Capital = Total Assets - Current Liabilities
Thus, in order to calculate the EVA of the Human Resources Information Systems Division, we need to calculate the total capital first.
Total Capital = Total Assets - Current Liabilities
= $3,000,000 - 0
= $3,000,000
Next, we will calculate WACC.WACC = (E/V x Re) + ((D/V x Rd) x (1 - Tc))
Where,
E = Market Value of Equity
D = Market Value of Debt
V = Total Value of the Firm
Re = Cost of Equity
Rd = Cost of Debt
Tc = Corporate Tax Rate
Here, as the division is a part of the company, we can use the company's WACC which is 10.5%.
Therefore,WACC = 10.5%
Now we have all the required variables to calculate the EVA of the division.
EVA = EBIT - (Total Capital x WACC)
= $770,000 - ($3,000,000 x 10.5%)
= $770,000 - $315,000
= $455,000
Thus, the Economic Value Added (EVA) for the Human Resources Information Systems (HRIS) Division is $455,000.
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what are the pros and cons of going through economic transition from a centrally planned to a mixed economy
Answer:
There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.
Explanation:
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State 2 secondary market research Ford mothers could use
Explanation:
Secondary market research includes data that is already compiled and organised for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.Ford conducts market research online and in person, refining and creating new data-gathering processes that influence product development and marketing campaigns. The company engages consumers through moderated clinics and through one-on-one interviews before vehicles reach market.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Which is the most important decision factor in transportation?
A.capacity
B. Cost
C.capability
D.reliability
john had a lot of medical bills over the course of a year. his total bill was 5600. his insurance company would not post any of his bill until he paid 500. this is called a
Until he paid 500, his insurer would not publish any of his bill. It is known as a deductible.
The term "deductible" means what exactly?The deductible in an insurance contract is the sum that must be paid out of cash by the policyholder before the insurance company will cover any costs.
In common parlance, the term "deductible" may be used to refer to any one of a number of clause types that insurance firms employ to establish a payment threshold for policies.
The deductible is the sum that a policyholder must pay out of pocket before the insurance provider begins to make payments. In other terms, the insurance provider is only required to pay a claim when the amount is greater than the deductible.
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Fill The Blank? activity based costing provides managers with information that potentially affects ______.
Activity based costing provides managers with information that potentially affects both fixed and variable costs.
The assignment of specific resources to objects is the aim of activity-based costing. It specifically identifies the activities that cause production costs to increase, helping team leaders make more informed pricing and manufacturing strategies. According to ABC, costs are produced by resource-consuming activities, not by outputs.
All cost accumulation systems, including job order and process costing, are compatible with ABC. An organization's activities are identified using the activity-based costing (ABC) method, which then allocates the cost of each activity to each product and service based on how much of each is actually consumed.
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Case Scenario:
You are the IT Director for a large tertiary care center. You have been asked to create a database that will collect patient demographic, clinical and billing information for the oncology department. Your first task is to determine what type of database structure will best meet the needs of the department and the organization. You have narrowed your choices for database structure to either a relational or a NoSQL database model. Now, the head of oncology has asked that you attend a meeting to elaborate on the abilities of each of these models and how each would meet his department's needs. He would like you to explain each model so that he can provide feedback to you before the final decision is made. To prepare for this meeting, answer the following questions in detail using your own words.
Compose an argument for why a NoSQL database model would best meet the oncology department's needs. Include details about the abilities of a NoSQL database model and how it works.
Make a recommendation for which type of database that would best meet the needs of the oncology department. Explain why you have chosen it.
Argument for NoSQL Database Model in Oncology Department:
A NoSQL (Not only SQL) database model would best meet the needs of the oncology department due to its unique capabilities and characteristics. Here are the reasons why a NoSQL database model is well-suited for the department:
1. Flexible Data Structure: Oncology data is highly varied, complex, and constantly evolving. A NoSQL database allows for flexible and dynamic schema design, enabling the department to handle diverse data types, including unstructured and semi-structured data such as clinical notes, images, genomics data, and patient histories. This flexibility ensures that the database can adapt to changing data requirements without significant modifications.
2. Scalability and Performance: Oncology departments deal with a massive volume of patient data, including demographic, clinical, and billing information. NoSQL databases are horizontally scalable, meaning they can handle increasing data volumes by distributing the load across multiple servers. This scalability ensures high-performance data storage and retrieval, enabling real-time analysis and faster decision-making processes.
3. High Availability and Fault Tolerance: Continuity of data access is critical in the oncology department, where timely access to patient information is essential for diagnosis, treatment, and research. NoSQL databases provide built-in replication and data distribution capabilities, ensuring high availability and fault tolerance. Even in the event of server failures or network issues, the system remains accessible, minimizing downtime and ensuring uninterrupted operations.
4. Schema Flexibility and Agile Development: The oncology department often encounters changes in data models and requirements due to evolving medical practices and research advancements. NoSQL databases excel in handling agile development processes by eliminating the need for predefined schemas and allowing developers to iterate quickly. This flexibility reduces the time and effort required to implement changes and adapt the database to new data structures.
5. Integration with Big Data Technologies: The oncology department can benefit from utilizing big data technologies, such as data analytics, machine learning, and artificial intelligence, to gain insights and improve patient care. NoSQL databases seamlessly integrate with these technologies, providing the foundation for advanced analytics and data-driven decision-making.
Recommendation:
Based on the unique requirements of the oncology department, my recommendation is to adopt a NoSQL database model. Its flexibility, scalability, performance, high availability, and agility make it an ideal choice for managing the diverse and rapidly changing data in the oncology field.
A NoSQL database will allow the department to store and analyze large volumes of structured and unstructured data efficiently. It will enable real-time access to patient information, support advanced analytics, and facilitate integration with emerging technologies such as machine learning and AI. The NoSQL model's ability to handle complex data structures and adapt to evolving data needs aligns perfectly with the dynamic nature of oncology data.
Furthermore, by leveraging the scalability and fault-tolerance of NoSQL databases, the oncology department can ensure continuous access to critical patient information, reducing downtime and improving overall operational efficiency.
Overall, a NoSQL database model offers the necessary flexibility, scalability, and performance required for the oncology department to effectively manage and analyze patient data, drive research, and provide optimal care to their patients.
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Steven smith paid his ex-wife alimony of $22,000 in 2021. his marriage settlement agreement was signed on february 1, 2019. how are his alimony payments reported on his federal return?
Alimony payments are never deductible and are no longer included on the federal return.
The Internal Revenue Service (IRS) imposes a tax on the yearly income of people, businesses, trusts, and other legal organisations. This tax is known as the federal income tax in the United States. All sources of income, including wages, salaries, commissions, bonuses, gratuities, investment income, and other forms of unearned income, that are included in a taxpayer's taxable income federal return are subject to federal income taxes. Federal income tax rates for individuals are progressive in the United States, which means that they rise in proportion to an individual's taxable income. There are several income levels at which the federal income tax rates, which vary from 10% to 37%, take effect. Tax brackets are the different income levels that the rates apply to. Each tax bracket has its own rate of taxation, which is applied to income that falls inside it.
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interview any business owner on impact of crime
Answer:
Businesses that had been affected by crime were found to be 17 to 22 percent less likely to increase employment. Almost half the businesses said that fear of crime among their clients or customers had had a negative impact on their businesses. This figure was particularly high in townships and inner city locations.
Explanation:
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prepare a double entry ledger entries January 3 took out of the cash till$50 and put into the business by cheque Jan 4 the proprietor put a further$5000 in to business by cheque .please I need it quick
Explanation:
In the first entry, $50 is taken out of the cash till and put into the business as drawings. The effect is a decrease in the cash balance and an increase in the drawings account.
In the second entry, the proprietor puts a further $5000 into the business by cheque. The effect is an increase in the capital account and an increase in the bank balance.
It's important to note that "Drawings" and "Capital" are the accounts used to record the personal transactions of the business owner in this case, it is assumed that the business is a proprietorship. Other forms of business may have different accounts to record the personal transactions of the owne
In some states, judges have cited ________, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.
In some states, judges have cited equality, a value shared by most Americans, in arguing against funding disparities between school districts created by a reliance upon property taxes in education.
The basis of equality thinking was laid by French philosophers such as Voltaire, Rousseau and Denis Diderot. The foundation of egalitarianism can be found in the American Declaration of Independence, which was largely drafted by Thomas Jefferson and which was adopted by representatives of the then 13 British colonies on the American East Coast on July 4, 1776.
Traditional equality thinking is characterized by being equal not only in their rights, but also in their opportunities, rights to opportunities in education and work and all other areas of economic and social life.
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Suppose a firm has the following costs:
Output (units): 10 11 12 13 14 15 16 17 18 19
Total Cost: $50 $52 $56 $62 $70 $80 $92 $106 $122 $140
(a) If the prevailing market price is $12 per unit, how much should the firm produce?
(b) How much profit will it earn at that output rate?
(c) If the market price dropped to $8, how much should this firm produce?
(d) How much profit will it make at that lower price?
(a)The firm should produce 13 units when the prevailing market price is $12 per unit.
To determine the optimal production level when the market price is $12 per unit, we need to find the output level at which the marginal cost equals the market price. Looking at the cost data provided, we can see that at 13 units of output, the total cost is $62, which is the closest to the market price of $12. Therefore, the firm should produce 13 units.
(b) At that output rate, the firm will earn a profit of $94.
To calculate the profit at an output rate of 13 units, we subtract the total cost from the total revenue. The total revenue is given by multiplying the market price ($12) by the output level (13 units), resulting in $156. Subtracting the total cost of $62 from the total revenue gives us a profit of $94.
(c) If the market price drops to $8, the firm should produce 15 units.
If the market price drops to $8, we need to find the output level at which the marginal cost equals $8. By examining the cost data, we can observe that at 15 units of output, the total cost is $80, which is the closest to the market price of $8. Thus, the firm should produce 15 units.
(d) At the lower price, the firm will make a profit of $20.
To calculate the profit at an output rate of 15 units and a market price of $8, we multiply the market price ($8) by the output level (15 units), resulting in a total revenue of $120. Subtracting the total cost of $80 from the total revenue gives us a profit of $40.
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. if you deliver 5 liters of 300mosm fluid to him, what is his fluid volume
His fluid volume would be 45 liters.
Assuming that the person's body fluids have a concentration of 300 milliosmoles per liter (mosm/L), and we deliver 5 liters of fluid with the same concentration, then the person's total fluid volume will increase by 5 liters.
Therefore, the person's new fluid volume would be their original fluid volume plus the 5 liters of fluid that we delivered.
So, the person's original fluid volume was 40 liters, then their new fluid volume would be 45 liters after we delivered the 5 liters of 300mosm fluid to them.
Correct Question :
A person has 40 liters of fluid in his body. If you deliver 5 liters of 300 mosm fluid to him, what is his fluid volume?
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The Allen Export Company ships sugar to many overseas ports. Over the years the company has stacked large bags of sugar onto pallets for shipping. Because of a lumber shortage, pallets for export have become very difficult to obtain. The management of Allen Export has presented the dock manager with the challenge of reducing the number of wooden pallets used and/or to find a new way to supplement or change their stevedoring system.
Answer:
Throughout the given scenario following are the points, should be achieved to reduce the pallet crisis.
Explanation:
The export business faces the above-mentioned issue of that same lack of wooden pallets towards distribution.
The tightly packed sugar bags might be utilized easily, allowing for easy release of pallets and therefore also available for several other reasons or uses.Rather than just being placed throughout pallets the enterprise should contain sugar bags in what seems like different warehouses.A local bank reviewed its credit card policy with the intention of recalling some of its credit cards. in the past 5% of cardholders defaulted, leaving the bank unable to collect the outstanding balance. Hence managment established a prior probability of .05 that any particular cardholder will default. The bank also found that the probability of missing a monthly payment is.20 for customers who do not default.of course the probality of missing a monthly payment for those who default is 1.A) givien a customer missed a monthly payment , compute the posterior probability that the customer will default?B) the bank would like to recallits credit card i the probability that a customer will default is greater than .20. should the bank recall its card if the customer misses a payment? why or why not?
The probability is greater than 0.2, the bank should recall its card. Therefore, the bank should recall its card if the customer misses a monthly payment.
What is the calculation?Step 1
(a). Compute the posterior probability that the customer will default given that the customer missed one or more monthly payments:
Denote the event that the cardholder will default as D.
Denote the event that the cardholder will not default as Dⁿ
It is given that, the prior probability that any cardholder will default is 0.05.
That is,
P(D)=0.05 AND P(Dⁿ) = 0.95
Denote the event that the cardholder missing a monthly payment as M.
It is given that, the probability of missing a monthly payment is 0.2 for customers who do not default. That is, P(M|Dⁿ) = 0.2
It is given that, the probability of missing a monthly payment is 0.2 for customers who default. That is, P(M|D) = 1
The posterior probability that the customer will default given that the customer missed one or more monthly payments is obtained as 0.2083 from the calculation given below:
P(D|M) = P(M|D) * P(D) / P(M|D) * P(D) + P(Dⁿ)
= 1 * 0.05 / 1* 0.05 + 0.2 * 0.95
= 0.05/ 0.24
= 0.2083
Thus, the posterior probability that the customer will default given that the customer missed one or more monthly payments is 0.2083.
Step 2
(b). Comment whether the bank should recall its card if the customer misses a monthly payment:
It is given that, the bank would recall its card if the probability that a customer will default is greater than 0.2.
Here, the probability that the customer will default given that the customer missed one or more monthly payments is 0.2083.
If the customer misses a monthly payment, the probability that a customer will default is 0.2083.
Here, 2083>0.2
Since, the probability is greater than 0.2, the bank should recall its card.
Therefore, the bank should recall its card if the customer misses a monthly payment.
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Which investment has the least amount of default risk?
A)
junk bonds
B)
common stocks
c)
corporate bonds
D)
US Treasury bonds
Answer:
D....U.S. Treasury Bonds!
A limit that a government places on the quantity of a product that may be exported or imported during a given period is called a?
Quotas are restrictions that a government imposes on the volume of a product that can be exported as well as imported over a specific time period.
What is product?Product is an object or service created by a business to satisfy the needs and wants of its customers. It is typically the result of research and development, and can range from the simplest of items such as a pencil to complex machinery, from physical goods to digital services, from intangible products such as insurance plans to experiences such as concerts. A product can also refer to a company’s offerings, such as the various services and goods it provides for its customers. Product design and development involve marketing, engineering, and other disciplines to ensure that the product offers customers the features and benefits that are most desirable. Additionally, a product’s success is largely dependent on how well it is marketed to the target audience.
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Baseball pitcher Chris Sale signed a contract in 2019 to play for the Boston Red Sox for 5 years at an annual salary of $29 million per year beginning in 2020. But he would not actually receive the full amount of his annual salary each year. The Red Sox would not begin to pay $50 million of his salary until the year 2035, when he would receive $10 million per year through 2039.
An article on espn.com discussing Sale's contract noted that "the five-year deal is worth $145 million." The author of the article arrived at this total "worth" of Sale's contract by adding up his $29 million yearly salary over 5 years
Do you agree with the author that the contract was actually worth $145 million to Sale?
The author is incorrect, the total worth of Sale's contract will be less than $145 million once you consider the present value of all future payments.
Assume for simplicity that Sale receives a salary of $20 million per year for the next 3 years, with each payment coming at the end of each calendar year. This means he receives his first payment at the end of this year, his second payment at the end of next year, and his third payment at the end of the following year.
At the beginning of this year, what is the present value of the salaries he will receive for these 3 years if the interest rate is 7%?
The present value of these payments would equal __ million. (Round your answer to 2 decimal places)
The present value of an amount is the current worth of a future payment, taking into account the time value of money. The present value of the salaries Chris Sale will receive for the next 3 years is $52.41 million.
To calculate the present value of the salaries Chris Sale will receive for the next 3 years, we need to discount each payment to its present value using the interest rate of 7%.
Let's break it down step-by-step:
1. Calculate the present value of each payment:
\(- Year 1: $20 million / (1 + 0.07)^1 = $18.69 million\\- Year 2: $20 million / (1 + 0.07)^2 = $17.44 million\\- Year 3: $20 million / (1 + 0.07)^3 = $16.28 million\)
2. Add up the present values of the three payments:
$18.69 million + $17.44 million + $16.28 million = $52.41 million
In conclusion, the present value of the salaries should be considered when determining the total worth of Sale's contract. The author's statement that the contract is worth $145 million does not take into account the present value of future payments.
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Draw a demand curve for lattes and label the curve. Use any prices and quantities you wish, but make your demand curve obey the law of demand. The law of demand states that ______, the ______ the price of a good, the smaller is the quantity demanded.
Answer:
please check the attached image for the diagram of the demand curve
other things remaining the same
higher
Explanation:
the law of demand states that other things remaining the same, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
the demand curve is downward sloping in accordance to the law of demand.
Answer:
The law of demand states that other things remaining the same, the higher the price of a good, the smaller is the quantity demanded; and the lower the price of a good, the greater is the quantity demanded.
Explanation:
The law of demand states that other things remaining the same, the higher the price of a good, the smaller the quantity demanded. The demand curve slopes downward.
Other things remaining the same, if the price of a good rises, the quantity demanded of that good decreases; and if the price of a good falls, the quantity demanded of that good increases.
economic growth is represented on a production possibilities frontier model by the production possibilities frontier group of answer choices shifting outward. shifting inward. becoming steeper. becoming flatter.
The correct option is A, Economic growth is represented on a production possibilities frontier model by the production possibilities frontier shifting outward.
Production Possibility Frontier (PPF) is a graphical representation of the maximum possible combinations of goods and services that an economy can produce using its existing resources and technology. The PPF shows the trade-offs that a society faces when it decides how to allocate its scarce resources between different goods and services.
The PPF is typically drawn as a curve, with one good or service plotted on the horizontal axis and the other on the vertical axis. The curve shows the different combinations of the two goods that can be produced given a fixed amount of resources and technology. Points on the curve represent the maximum possible production of one good given the production level of the other good.
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Complete Question: -
Economic growth is represented on a production possibilities frontier model by the production possibilities frontier
a. shifting outward. b.shifting inward. c. becoming steeper. d. becoming flatter.
When comparing a Variable Rate Demand Obligation (VRDO) to an Auction Rate Security (ARS), which statement is FALSE?
Answer:
Both have tender options.
Explanation:
Variable rate demand obligation and Auction rate securities both are long term bonds which have interest rate that reset weekly or monthly. This advantages the issuer with lower short term rates despite of long term security. Both of these securities are subject to credit risk of the issuer and they are marketed by broker dealers.
What section of the economy is the largest employer
Answer: public schools in the us
Explanation: 6,646,292...
Of the capital budgeting techniques discussed, which works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects?.
Of the capital budgeting techniques, net present value works equally well with normal and non-normal cash flows and with independent and mutually exclusive projects.
What is net present value?The difference between the current value of cash inflows and withdrawals over a period of time is known as net present value (NPV). To evaluate the profitability of a proposed investment or project, NPV is used in capital budgeting and investment planning. The outcome of computations to determine the current value of a stream of payments in the future is NPV.The current value of a future stream of payments from a business, project, or investment is determined using net present value, or NPV. You must predict the timing and size of future cash flows in order to determine NPV, and you must choose a discount rate that is equal to the least allowable rate of return.
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plssssssssssssssssssssssssssssssssssssssssss i need this asap
what is the most likely reason why a text-only billboard that is advertising a new vacuum cleaner not get a heavy consumer response?
a. bc the product is poor quality
b. bc the billboard isn't attention grabbing
c. bc the target audience won't see the billboards
d. bc no one buys vacuum cleaners anymore
Answer:
b
Explanation:
because it makes sense
Answer:
c
Explanation:
the most reasonable answer.
HELP ASAP PLEASE
The CPI is calculated by comparing
the spending levels at the beginning of
each year to the end of each year. In
this way, the calculation is similar to
what?
A. Unemployment
B. Inflation
C. Circular Flow Model
Answer:inflation
Explanation:
An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
In general Accounts are split into Personal Accounts and ImpersonalAccounts
True
False
Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.
Which of the following are examples of limited resources on the part of consumers?
product and space
money and product
time and money
space and time
Answer:
The answer is time and money
Explanation:
I took the test on edge
Examples of limited resources on the part of consumers are time and money.
What are limited resources?
Limited resources are resources that can be depleted. They are of limited availability. As these resources are used, they decline.
For example, no one has an unlimited supply of money. As money is spent, the amount of money one has reduces. Also, time is limited. One has 24 hours in a day.
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Which of these statements is an example of constructive feedback?
a. "I really appreciated how each order was completed thoroughly. You made sure that each section was detailed and understandable."
b. "You really need to get better at being a cashier!"
c. "You are the best employee we have!"
d. "I had to redo all of the orders because you did them wrong."
One example of constructive feedback is:
a. "I really appreciated how each order was completed thoroughly. You made sure that each section was detailed and understandable."
This statement is specific and highlights a positive aspect of the employee's work. It also provides feedback that can help the employee continue to perform well.
On the other hand, statements b, c, and d are not examples of constructive feedback. Statement b is vague and critical without offering any specific suggestions for improvement. Statement c is overly positive and does not offer any guidance for the employee to improve. Statement d is negative and does not provide any information on how the employee can improve.
It is important to provide constructive feedback that is specific, positive, and helpful in order to help employees grow and improve.
Answer:
b. "You really need to get better at being a cashier!"