In the case of Case 14-37, the specific key controls listed on the document you mentioned may be relevant to the case and its associated circumstances.
What are the 11 controls listed on the Key Controls List?Additionally, the website and file you have mentioned may not be accessible to me due to restrictions on my access to external information. However, I can tell you that a key controls list is a document that outlines the essential internal controls in a business or organization.
These controls are designed to ensure that the company's financial reporting is accurate, complete, and compliant with applicable regulations. Typically, key controls are identified through a risk assessment process, and their effectiveness is regularly monitored through testing and evaluation.
In the case of Case 14-37, the specific key controls listed on the document you mentioned may be relevant to the case and its associated circumstances.
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Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called
Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called publicity.
In advertising, publicity is the public visibility or awareness of any product, service, individual, or company. it may also check with the motion of records from its source to most people, regularly through the media
Publicity is media interest in your product, provider, or business. it may include conventional information assets, like news indicates and newspapers, and new media, like podcasts, blogs, and websites.
Exposure is placing your commercial enterprise in front of the general public and media outlets so you can showcase your products, offerings, and company news. The purpose is to attract your target audience individuals and make them aware of your agency so they'll need to interact in enterprise with you.
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The first step in human resource planning is to create a job analysis. establish a strategic plan. assess future human resource demand. create an inventory of the organization's employees.
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The answer will be assess future human resource demand. Why? Well, let's consider all the options given. For Human Resource (HR) planning we cannot straight away jump to creating a job analysis without deciding on one job & how much it's worth or important in the future. The second option is to create or establish a strategic plan. That too won't work without knowing which occupation is needed more in the future. 4th -> create an inventory of the organization's employees. Well, that's a no-no, we need to find a future-needy job before selecting the people. So, the 3rd option is the most appropriate answer.
___________
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RainbowSalt2222
Jonathan wants to buy a new motorbike and visits a dealer. After negotiating with the dealer for a while, Jonathan tells the dealer that he will buy the bike only if he gets free insurance for it. From this scenario, it can said that Jonathan has:
a. Planned his best alternative to a negotiated agreement
b. Set an opening objective offer
c. Set a target objective
d. Set a specific limit objective
From the given scenario, it can be said that Jonathan has set a specific limit objective during his negotiation with the dealer. A specific limit objective is the lowest acceptable outcome in a negotiation that a person is willing to accept. Option D
Jonathan's statement that he will only buy the motorbike if he gets free insurance indicates that he has set a specific limit on his negotiation. He has clearly defined the condition that he requires for the negotiation to be successful.
In contrast, a target objective is the desired outcome that a person hopes to achieve in a negotiation, while an opening objective offer is the initial offer presented during a negotiation. Planning the best alternative to a negotiated agreement is the process of identifying the best course of action to take if negotiations fail to reach an acceptable outcome.
In this scenario, Jonathan has not mentioned any desired outcome or an initial offer. Instead, he has set a clear condition that the dealer needs to meet for him to agree to the purchase, indicating a specific limit objective.
Option D
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Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answer:
C
Explanation:
C la respuesta es la C ya que
Write "True" if the statement is correct & "False" if the statement is incorrect.
Answer:
where's the question?
Explanation:
melissa wants to retire with $40,000 per month. she needs $4,000,000 in principal at the time she retires in order to generate this amount of monthly income if the interest rate is 12%. if melissa has 25 years before retirement and has $80,000 to invest today, what simple interest rate does she need to achieve the necessary amount of principal?
190 % of simple interest rate does she need to achieve the necessary amount of principal.
we know that
The simple interest formula is equal to
A=P(1+rt)
where
A = Final Investment amount
P = Principal amount of money
r = rate of interest
t = Number of Time Periods
in this problem we have
t= 25 years
P= $80,000
A= $4,000,000
r=?
substitute in the formula above
4,000,000 = 80,000(1+25r)
50 = 1+25r
50-1=25r
49=25r
r=1.96
Convert to percentage
r = 1.9 * 100
= 190 %
The simple interest rate is 190%
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As e-commerce continues to develop, many retailers are likely to maintain some type of "brick-and-mortar" store or physical location primarily because.
Many retailers are likely to maintain some type of "brick-and-mortar" store or physical location primarily because consumers expect integrated shopping experiences that includes face to face options.
What does e-commerce mean?E-commerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.
The 4 types of e-commerce presence that we have include:
Web sites,Social mediae-mail,Offline media.Hence, many retailers are likely to maintain some type of "brick-and-mortar" store or physical location primarily because consumers expect integrated shopping experiences that includes face to face options.
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Please help:(
Janine has just been promoted to distribution manager and she has a major shipment to
deliver. All of the deliveries are within the same state, but the customers are very demanding.
Her company is more concerned with meeting these demands than saving on costs. She only
has a few days to make the deliveries so she needs multiple deliveries done daily. Which mode
of transportation should Janine go with and why?
As Janine has a major shipment to deliver within the same state and her company is more concerned with meeting customer demands than saving on costs, she should consider road transportation. The mode of transportation that Janine should go with is a trucking company.
Trucking is a reliable and cost-effective mode of transportation for short distances, especially when there is a tight deadline to meet. The flexibility of trucking allows for multiple deliveries to be made daily, making it the perfect choice for Janine’s situation. Additionally, trucking companies are equipped to handle various types of cargo, including fragile and perishable items.
Furthermore, with the advancements in technology, trucking companies are now able to track and monitor shipments in real-time, providing Janine with the ability to keep track of her shipment and ensure timely deliveries. The use of GPS tracking, electronic logging devices, and other technological advancements in the trucking industry ensures the safety and security of the shipment as well.
In conclusion, Janine should opt for a trucking company to make her multiple daily deliveries as it is the most efficient, cost-effective, and reliable mode of transportation for her situation.
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Which principle of value indicates that the value of a property is sustained when the property is harmoniously used with surrounding properties in the same area?ReconciliationConformityEconomic RentDouble declining balance depreciation"
The principle of value that indicates that the value of a property is sustained when the property is harmoniously used with surrounding properties in the same area is Conformity.
The principle of conformity indicates that the value of a property is sustained when the property is harmoniously used with surrounding properties in the same area. This principle is based on the idea that properties in the same area should be similar in terms of size, style, and amenities in order to maintain property values.
When properties in an area are not in conformity, it can lead to a decrease in property values for all properties in the area. For example, if a homeowner builds an oversized, modern-style home in a neighborhood of smaller, traditional homes, it may not be in conformity with the surrounding properties, and it may be difficult to sell the property for a price that reflects its actual value.
Therefore, conformity is an important principle of value that is taken into account when appraising properties. Appraisers will consider whether a property is in conformity with its surroundings when determining its value, as well as other factors such as location, condition, and amenities.
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When a company has a diverse workforce, which of the following is likely to
be true?
A. Wages can be decreased.
B. There is potential for discrimination.
C. The workforce will be all male.
D. HR managers will be all males.
The correct option is D. When a company has a diverse workforce, HR managers will be all males is likely to be true.
Because every team member—from the leadership to the frontline staff to mobile workers—brings their own distinct backgrounds, experiences, and viewpoints to the table, workplace diversity fosters creativity and innovation.
How does diversity affect the workplace?Productivity is strongly impacted by the greater variety of talents and abilities that come with workplace diversity. Because diverse employees have a range of talents, skills, and preferred fields of work, workplaces with greater variety typically have higher productivity.
Beyond political correctness, a diverse workforce has several advantages. Including people from all backgrounds and viewpoints can promote better decision-making, more innovation, and increased workplace engagement. Additionally, it might enhance a business's reputation and make it simpler to draw in top employees.
Thus, The right answer is D. A corporation is more likely to have all male HR managers if its workforce is diverse.
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The "Heading1" paragraph style is a good choice to make a chapter name in a document stand out. False True
Answer:
The given statement is "True".
Explanation:
Content formatted with either a heading style initially appeared whenever users are using the perpendicular scroll pointer to peruse a memorandum. Headings can indeed be broadened and sometimes disappeared, as a component of Word’s overview component. Throughout the Navigation window, headings display as users check for text. Because once making a chart of material, individuals would be included.So the one listed above will be the right one.
if an increase of oil prices leads to the overall price of goods to rise, what type of inflation is a likely cause?
Answer:
cost-push inflation
Explanation:
What is currently the biggest marketplace for nfts?
The biggest marketplace for Non-Fungible Tokens (NFTs) is currently the Ethereum blockchain. The Ethereum blockchain is the most popular platform for creating and trading NFTs, and it is home to the vast majority of NFT marketplaces and projects.
There are many marketplaces built on the Ethereum blockchain that allow creators to mint and sell their own NFTs, such as OpenSea, Rarible, SuperRare, and KnownOrigin. These marketplaces have seen a lot of activity in recent months, with many high-profile sales and record-breaking prices being reported.
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The management of Kunkel Company is considering the purchase of a $24,000 machine that would reduce operating costs by $6,000 per year. At the end of the machine’s five-year useful life, it will have zero scrap value. The company’s required rate of return is 13%.
Required:
1. Determine the net present value of the investment in the machine.
2.What is the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine?
The net present value (NPV) of the investment is -$2,842.43, indicating that the investment is not financially favorable. The difference between total cash inflows and outflows over the machine's life is $6,000.
To determine the net present value (NPV) of the investment in the machine, we need to calculate the present value of the cash inflows and outflows associated with the machine over its five-year useful life. The formula to calculate NPV is:
NPV = Present Value of Cash Inflows - Present Value of Cash Outflows
First, let's calculate the present value of the cash inflows. The machine reduces operating costs by $6,000 per year for five years. We discount these cash inflows using the required rate of return of 13%:
PV of Cash Inflows \(= 6,000 / (1 + 0.13) + 6,000 / (1 + 0.13)^2 + 6,000 / (1 + 0.13)^3 + 6,000 / (1 + 0.13)^4 + 6,000 / (1 + 0.13)^5\)
PV of Cash Inflows = $5,309.73 + $4,698.32 + $4,162.70 + $3,695.64 + $3,291.18
PV of Cash Inflows = $21,157.57
Next, we need to calculate the present value of the initial investment or cash outflow. The machine costs $24,000 initially, and since it has no scrap value at the end of its useful life, there is no additional cash inflow associated with its disposal.
PV of Cash Outflows = $24,000
Now we can calculate the net present value:
NPV = $21,157.57 - $24,000
NPV = -$2,842.43
The net present value of the investment in the machine is -$2,842.43. Since the NPV is negative, it indicates that the investment is not expected to generate a return higher than the required rate of return (13%).
The difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine can be calculated by subtracting the total cash outflows from the total cash inflows.
Total Cash Inflows = $6,000 * 5 years = $30,000
Total Cash Outflows = $24,000
Difference = Total Cash Inflows - Total Cash Outflows
Difference = $30,000 - $24,000
Difference = $6,000
Therefore, the difference between the total, undiscounted cash inflows and cash outflows over the entire life of the machine is $6,000. This means that the total inflows exceed the total outflows by $6,000 without considering the time value of money. However, when we account for the time value of money by calculating the net present value, we find that the investment is not financially favorable with a negative NPV of -$2,842.43.
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what term is used to measure how suitable the development of a system will be to the organization?
The term used to measure how suitable the development of a system will be to an organization is "feasibility analysis" or "feasibility study." This process evaluates the practicality, viability, and potential benefits of implementing a new system within the organizational context. It helps decision-makers assess whether the proposed system aligns with their goals, resources, and capabilities.
Feasibility analysis involves several aspects, including technical, economic, legal, operational, and scheduling feasibility. Technical feasibility examines whether the organization has the necessary technology and expertise to develop and maintain the system. Economic feasibility evaluates the cost-effectiveness, return on investment, and potential financial gains from the system. Legal feasibility ensures that the system complies with relevant regulations and legal requirements. Operational feasibility analyzes whether the proposed system can be effectively integrated into the organization's existing processes, and if it will meet the needs of users and stakeholders. Scheduling feasibility considers the time required to develop, implement, and launch the system, ensuring that the organization can meet the project's deadlines. Conducting a feasibility analysis helps organizations identify potential risks, constraints, and opportunities associated with the development of a new system, enabling them to make informed decisions on whether to proceed with the project.
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a self-employed individual purchased a van for $30,000 on february 1, year 1, for business use. the individual elected to take the section 179 deduction. on january 1, year 3, the individual sold the van for $20,000. what amount must the individual report under section 1245?
The adjusted basis of the van at the time of sale is zero. Since the sale price of 20,000 is greater than the adjusted basis, the entire amount of the sale proceeds must be reported as ordinary income under section 1245. The individual must report $20,000 under section 1245.
To calculate the amount to be report under section 124, we need to determine the adjusted basis of the Van at the time of sale. The section 179 deduction allows a taxpayer property in the year it is placed in service, up to a certain limit. In this case, the van was purchased for $30,000 and the taxpayer elected to take the section 179 deduction, So the entier cost of the van was expensed in year 1. Therefore, The van has no adjusted basis at the time of sale. The entire amount of the sale proceeds must be reported as ordinary income in accordance with section 1245 because the sale price of 20,000 is higher than the adjusted basis.
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which metrics measure the impact MIS has on business processes and activities including customer satisfaction and customer conversion rates?
The metrics that measure the impact of MIS on business processes and activities, including customer satisfaction, return on investment (ROI), and customer feedback and ratings.
These metrics provide insights into the effectiveness of MIS in influencing customer satisfaction and conversion rates. CSAT measures the level of customer satisfaction, while customer retention rate indicates loyalty. Customer conversion rate tracks the success of converting potential customers into paying customers. AOV reflects the average value of customer transactions. Time to resolution measures the efficiency of customer support. ROI evaluates the financial benefits of implementing MIS. Customer feedback and ratings provide qualitative insights into customer satisfaction. These metrics collectively measure the impact of MIS on various aspects of business processes and customer-related activities.
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Pr 8-3a budgeted income statement and supporting budgets obj. 4 the budget director of birding homes & feeders inc., with the assistance of the controller, treasurer, production manager, and sales manager, has gathered the following data for use in developing the budgeted income statement for january: a. estimated sales for january: bird house . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000 units at $25 per unit bird feeder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40,000 units at $15 per unit
Estimated sales for January: bird house $375,000 total of 15,000 units at $25 per unit bird feeder $600,000 of 40,000 units at $15 per unit.
What is the income statement formula?Net Income = Revenues - Expenses is the fundamental formula for an income statement. This straightforward equation illustrates the business' profitability. The company is profitable if revenues exceed expenses.
Why is an income statement important?Business owners can tell whether their organization is headed toward profitability or losses using income statements. Due to the full breakdown of income and spending in an income statement, business owners can determine what has to be changed in order to boost revenues or reduce costs.
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Select the correct answer from the drop-down menu.
Which option is an example of verbal communication?
A --------- is an example of verbal communication.
smile
letter
handshake
Answer:
its a .............................letter
Explanation:
A handshake is an example of verbal communication. Thus, option C is correct.
What is verbal communication?Verbal communication is when you or another person speaks out while expressing yourself verbally. However, nonverbal communication is the exchange of information through actions, reactions on the face, and facial expressions.
When you shake hands with someone, you are expressing your warm welcome and full focus. We communicate nonverbally to convey our intentions, identities, beliefs, and various cultural approaches.
Nonverbal communication includes gestures like signaling, winking, hand-shaking, physical separation, and emotions on the face, among others. This is a major change that comes in the way a person is communicating.
Therefore, option C (handshake) is the correct option.
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Assume that you will pay $1,700 cash annually for three years (at the end of the year), and that the discount rate is 4%. Calculate the present value using PV of $1 formulas.
The present value of the cash flows of $1,700 per year for three years, with a discount rate of 4%, is $4,712.52.
To calculate the present value of the cash flows, we will use the present value of $1 formula, which is:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of periods.
Given that the cash flow is $1,700 and the discount rate is 4%, we can calculate the present value for each year using the formula.
Year 1:
PV1 = $1,700 / (1 + 0.04)^1 = $1,634.62
Year 2:
PV2 = $1,700 / (1 + 0.04)^2 = $1,570.25
Year 3:
PV3 = $1,700 / (1 + 0.04)^3 = $1,507.65
To calculate the total present value, we sum up the present values of each year:
Total PV = PV1 + PV2 + PV3 = $1,634.62 + $1,570.25 + $1,507.65 = $4,712.52
This represents the value of these future cash flows in today's dollars, taking into account the time value of money.
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carmen wants to open her own coffee shop. she has narrowed down a list of wholesale retailers and their cost per pound of coffee beans. whole sale company cost per lb. café con leche $8.50 beans brothers $7.50 colombian co. $11.25 turkish coffee company $6.25 which company has the comparative advantage in cost per pound of coffee? café con leche beans brothers colombian co. turkish coffee company
Turkish Coffee Company has the comparative advantage in cost per pound of coffee at $6.25. They offer the lowest price among the listed wholesale retailers.
This means that Carmen would benefit the most by purchasing coffee beans from Turkish Coffee Company to minimize her costs and maximize her potential profit margin. By selecting the supplier with the lowest cost, Carmen can secure a competitive advantage and potentially offer more affordable pricing or higher profit margins in her coffee shop. Comparative advantage refers to the ability of a producer or company to produce a good or service at a lower opportunity cost compared to others. In this case, Turkish Coffee Company has the lowest cost per pound of coffee beans at $6.25, indicating that they can produce coffee beans more efficiently or at a lower cost compared to the other wholesale retailers. By choosing Turkish Coffee Company as her supplier, Carmen can take advantage of their cost advantage to reduce her expenses and potentially offer competitive pricing or higher profit margins in her coffee shop.
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Leadership is best defined by our text as.... Question 1 options: the ability to reduce the dependence of team members on each other the ability to influence a group toward the achievement of a vision or set of goals the ability to use factors like training and experience to reduce dependence on formal leadership the ability to merely project one's abilities in the lack of actual accomplishments
Based on sociocultural theory, Leadership is best defined by our text as "the ability to influence a group toward the achievement of a vision or set of goals."
Characteristics of LeadershipLeadership has been found to have some of the following features:
Effective communicationEmpathyConfidenceIntegrityDelegationSelf-AwarenessMotivationCharisma, etc.All of the characteristics above are combined by leaders to influence followers toward accomplishing objectives, goals, or a vision.
Hence, in this case, it is concluded that the correct answer is option B. "the ability to influence a group toward the achievement of a vision or set of goals."
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Question 9 of 10
3 Points
Suppose a merchant in a moneyless economy traded his goods for a large
amount of purple fabric. He intended to use the fabric to trade for other
goods in another location. While he traveled to the other marketplace,
however, a trade ship arrived with a large shipment of purple fabric. As a
result, the merchant was only able to trade his fabric for about half of what he
had expected it to be worth in return. This situation illustrates the need for
what aspect of the purpose of money?
A. Preservation of value
B. Unit of measure
C.Ease of exchange
D.Government endorsement
I NEED HELP PLEASE!!
Answer:
Preservation of value
Explanation:
One of the advantages of money over trade by barter or any other moneyless transaction is the time value of money.
Time value of money can be explained as the ability of money to preserve its value and even increase in nearest future due to its potential earning capacity.
It can be inferred from the given scenario that the purples fabrics has lost a significant value due to the surplus of supply in the market place as it could no longer achieve the original worth.
Answer:
A) Preservation of value!
Explanation:
This means preserving a value, the cost of things at one point and another, you want to preserve that value in order to get the most out of your payment.
(RR calculation) Determine to the nearest percent the IRR on the following projects a. An initial outlay of $11,000 resulting in a free cash flow of $3,000 at the end of year 1. 56,000 at the end of year 2. and $9,500 at the end of year 3 b. An initial outlay of $11.000 resulting in a free cash flow of 59.500 at the end of year 1. 56,000 at the end of year 2, and $3,000 at the end of year 3 c
The IRR for project A is 17%, the IRR for project B is 20%, and the IRR for project C is 19%, all rounded to the nearest percent.
To calculate the IRR (internal rate of return) for these projects, we need to use the formula:
NPV = ∑(Cash Flow / (1 + r)^t) - Initial Outlay
Where NPV is the net present value, Cash Flow is the cash flow for each year, r is the discount rate or IRR, t is the year of the cash flow, and Initial Outlay is the initial investment.
For project A, the NPV would be:
NPV = -11,000 + $3,000/(1+r) + 56,000/(1+r)^2 + 9,500/(1+r)^3
To solve for r, we can use a financial calculator or spreadsheet program. The IRR for project A is approximately 17%.
For project B, the NPV would be:
NPV = -11,000 + 59,500/(1+r) + 56,000/(1+r)^2 + 3,000/(1+r)^3
Again, we can use a financial calculator or spreadsheet program to solve for r. The IRR for project B is approximately 20%.
For project C, the NPV would be:
NPV = -11,000 + 56,000/(1+r) + 56,000/(1+r)^2 + 3,000/(1+r)^3
Once again, we can use a financial calculator or spreadsheet program to solve for r. The IRR for project C is approximately 19%.
In summary, the IRR for project A is 17%, the IRR for project B is 20%, and the IRR for project C is 19%, all rounded to the nearest percent.
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Cassandra is 80 years old. Last month, she broke her leg while biking with her grandchildren. She was admitted to a hospital for surgery. Which card should she show them to get benefits?
A.
a driver’s license
B.
a life insurance card
C.
a Medicare insurance card
D.
a voter identification card
Answer: a Medicare insurance card
Explanation: edmentum/plato
With regard to business definition, railroads may have lost business because they:
With regard to business definition, railroads may have lost business because they defined their business too narrowly.
Railways are a safe land transport system whilst in comparison to different kinds of shipping. Railway transport is capable of excessive stages of passenger and load usage and strength performance however are frequently less flexible and more capital-intensive than avenue delivery when decreased site visitor levels are taken into consideration.
The Railroad become the first advanced in top-notch Britain. a person named George Stephenson efficaciously implemented the steam technology of the day and created the world's first hit locomotive.
The primary engines used in the United States of America had been bought from Stephenson Works in England.
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wat is 6x6+63+90-331x5
Answer:
-1466
Explanation:
Give brainliest and I will do step by step!
Step by step-
6 X 6= 36
-331 X 5= -1655
63 + 90= 153
153 + 36= 189
-1655 + 189= -1466
Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.
Answer:
1. Are you advertising to a specific group of people/ Who is your target audience?
2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?
3. How would you justify your prices?
4. Is your idea viable in the current market?
5. How would you differentiate your goods and services from any other similar products in the industry?
These are just examples. Hope this helps!
the amount of money that the borrower receives at the time a discounted note is made is known as the numerator
False. The numerator of a discounted note is not the sum of money that the borrower receives at the time it is issued.
A discounted note is what?Any short-term debt obligation that is issued at a discount from par is known as a discount note. Discount notes, which resemble zero-coupon bonds and Treasury bills (T-Bills), are typically issued by government-sponsored organizations or borrowers with strong credit ratings.
Up to one year is the maximum maturity period for discount notes. Investors are not given periodic interest payments with discount notes. Instead, investors buy discount notes at a reduced cost and receive the full face value (also known as "par value") of the note when it matures.
Discount notes are fixed-income securities that don't pay interest while they're outstanding. The notes are sold at a discount to par because investors do not receive the additional benefit of recurring interest income.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
Read more on immigration here: brainly.com/question/9809956
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
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