Beverly Frickel purchased 100 shares of Gleason Systems stock for $32. 50 per share. Her commission for this purchase was $25. She sold the stock two years laterior $45 per share and a commission of $40. What was Beverly's total dollar return on this stock
Answers
If Beverly Frickel purchased 100 shares of Gleason Systems stock for $32. 50 per share then Beverly's total dollar return on this stock is $1,185.
To find Beverly's total dollar return on the Gleason Systems stock, we'll follow these steps:
1. Calculate the initial cost of purchasing the stock.
2. Calculate the total cost including the commission for the purchase.
3. Calculate the total revenue from selling the stock.
4. Subtract the total cost from the total revenue to find the total dollar return.
Step 1: Initial cost of purchasing the stock
Beverly purchased 100 shares at $32.50 per share, so the initial cost is:
100 shares * $32.50/share = $3,250
Step 2: Total cost including the commission for the purchase
Beverly paid a $25 commission for the purchase, so the total cost is:
$3,250 (initial cost) + $25 (commission) = $3,275
Step 3: Total revenue from selling the stock
Beverly sold the stock for $45 per share and paid a $40 commission, so the total revenue is:
100 shares * $45/share - $40 (commission) = $4,460
Step 4: Calculate the total dollar return
To find the total dollar return, subtract the total cost from the total revenue:
$4,460 (total revenue) - $3,275 (total cost) = $1,185
Beverly's total dollar return on the Gleason Systems stock was $1,185.
To know more about stocks , refer here :
https://brainly.com/question/31476517#
#SPJ11
Related Questions
Paul owns a photography studio, and he has applied for a loan to
purchase a larger space so he can show his, and other local photographers’, work.
As part of the loan process, the bank reviews Paul’s credit history, which reveals that
Paul’s studio has been in operation for six months, Paul has an active loan on some
photography equipment for $8,000, Paul has a credit score of 650, and the studio
turns a decent profit. Given all this information, Paul’s loan is denied.
Determine which item from Paul’s credit history caused the denial.
Answers
Answer:
A credit score of 650 is slightly below average for the populace, coupled with the fact that the studio has been in operation for a short period of time and he has an outstanding loan of $8,000, is the reason he was rejected. It was the outstanding loan.
Explanation:
Consider the market for fish. Demand is given by the equation P=200−Q and Supply by P=2*Q. What is the market equilibrium Price and Quantity? Please depict this situation graphically, showing Consumer and Producer Surplus. What are Consumer Surplus, Producer Surplus and Total Surplus in dollars
Answers
The market equilibrium price is approximately $133.33 and the equilibrium quantity is approximately 66.67.
To depict this situation graphically, we can plot the demand and supply curves on a graph. The x-axis represents quantity (Q), and the y-axis represents price (P). Here is a graphical representation:
```
Price (P)
|
200 | Demand
| .
| .
| .
| .
| .
| .
| .
133.33|----------------- Equilibrium Price (P)
| .
| .
| .
|.
0 |___________________
0 66.67 Quantity (Q)
```
Consumer surplus represents the difference between the price consumers are willing to pay and the equilibrium price. It is the area above the demand curve and below the equilibrium price. In this case, it can be calculated as:
To find the market equilibrium price and quantity, we need to set the demand equal to the supply and solve for Q:
Demand: P = 200 - Q
Supply: P = 2Q
Setting them equal:
200 - Q = 2Q
Combining like terms:
3Q = 200
Solving for Q:
Q = 200/3 ≈ 66.67
To find the equilibrium price, we can substitute the value of Q back into either the demand or supply equation. Let's use the supply equation:
P = 2Q = 2(66.67) ≈ 133.33
Consumer Surplus = (1/2) * (200 - 133.33) * 66.67
Learn more about market here:
https://brainly.com/question/33204230
#SPJ11
Over which interval does f have an average rate of change of zero?
Answers
To determine over which interval f has an average rate of change of zero, we need to find the points on the graph where the slope is zero. This means that the function is neither increasing nor decreasing at those points, resulting in an average rate of change of zero.
To find these points, we need to calculate the derivative of the function f and solve for when it equals zero. The resulting values will give us the x-coordinates of the points where the function has an average rate of change of zero.
Once we have these x-values, we can determine the interval(s) over which f has an average rate of change of zero. This will be the range of values between the x-values where the slope of the function is zero.
However, without the actual function f, we cannot determine the specific interval(s) over which it has an average rate of change of zero. We would need more information about the function in order to make a more precise determination.
To know more about average rate visit:
https://brainly.com/question/28739131
#SPJ11
Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition, policy, value, or cause and effect) and why the claim fits this designation. Finally, provide an example of the type of evidence the author should use to best support the claim. (4 points)
Washington, D.C., should not become the 51st state, because making our nation's capital a state provides no economic benefits, nor did the Founding Fathers intend for it to ever become a state.
Answers
Answer:
im not 100% but think this is right
Explanation:
the author is making a claim of fact, because he is claiming that provides no economic benefits. im not sure about the second part
a bond with a par value of $1,000 and an annual coupon rate of 9.5% has a yield to maturity of 6.4%. if the bond has 11 years to maturity, what is its current yield?
Answers
7.66% will be the current yield at par value of $1,000 and an annual coupon rate of 9.5%.
from given data,
Par value of the bond issued = $ 1000
Coupon Rate = 9.5%
Coupon Amount = $ 1000 x 9.5%
= $ 95
Current yield = 6.4%
so, the discounting factor = 6.40%
PVF = 1 / Discount rate
= 1/ 1.064
Bond Value for 11 years = $1,239.57
So. The present value of the bond = $ 1239.57
Current Yield = Annual Interest on Bond / Current Price of Bonds
= $ 95 / $ 1239.57
= 7.66%
learn more about Current Yield here
https://brainly.com/question/16748047
#SPJ4
collective nouns , A Glory of
Answers
Answer: uh what?
Explanation:
denial of service attacks are usually of insignificant cost in terms of business lost. True or false?
Answers
The given statement, "Denial of service attacks are usually of insignificant cost in terms of business lost," is false because denial of service (DoS) attacks can have significant costs for businesses in terms of lost revenue, damage to reputation, and increased security expenses.
When a website or system is targeted by a DoS attack, it can be overwhelmed with traffic and become unavailable to legitimate users. This downtime can result in lost sales, missed opportunities, and damage to customer trust and loyalty. Additionally, businesses may need to invest in additional security measures to prevent future attacks, which can be expensive. In some cases, businesses may even face legal or regulatory consequences if the attack causes harm to customers or violates data protection laws. Overall, while the immediate impact of a denial of service attack may seem minor, the long-term costs can be significant.
Learn more about costs : https://brainly.com/question/28147009
#SPJ11
What is the danger of having a lot of debt?
(brainlyest)
Answers
Answer:
probably not paying it off in time or something
Explanation:
When consumers begin to think of an advertisement as old or stale, the concept being illustrated is:
A) a sales-response curve
B) wear out effects
C) decay effects
D) carryover effects
Answers
The concept being illustrated when consumers begin to think of an advertisement as old or stale is (B) wear out effects.
Wear out effects occur when an advertisement loses its effectiveness over time due to repeated exposure to the target audience. This can result in consumers becoming less interested in the advertisement, and potentially less interested in the product or service being advertised. It is important for advertisers to be aware of wear out effects and to regularly refresh their advertising campaigns in order to keep their message fresh and engaging to consumers. This can be done through changing the creative elements of the advertisement, altering the media or placement of the advertisement, or introducing new promotional offers or messaging. By actively managing wear out effects, advertisers can ensure that their advertising investments continue to generate results and drive sales.
Learn more about target audience here:
https://brainly.com/question/31192753
#SPJ11
Table 1 contains information about the number of new business start-ups in four cities in the UK in 2016.
Using the information in Table 1, calculate, to 2 decimal places, the number of new start-ups in Birmingham as a percentage of the number of new start-ups in London. You are advised to show your workings.
Answers
The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.
What are percentages?
Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.
The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%
To learn more about percentages, please check: https://brainly.com/question/25764815
define education please
Answers
A. Identify one continually in foreign-policy by Richard Nixonin the period 1945 to 1973.B. Identify one change in foreign policy by Richard Nixon in theperiod 1945 to 1973.C. Identify and explain one piece of evidence that could be used to support your claim need to either a or B.Respond to each part in 2 to 3 complete sentences.
Answers
To support the claim regarding Nixon's emphasis on detente, one could point to his policies such as the Strategic Arms Limitation Talks (SALT) and the Anti-Ballistic Missile Treaty (ABM), both of which aimed to reduce the threat of nuclear war. To support the claim regarding Nixon's opening of diplomatic relations with China, one could point to his meetings with Chinese Premier Zhou Enlai and the Shanghai Communique, which outlined the two countries' shared interests and paved the way for future cooperation.
A. One continual aspect of Richard Nixon's foreign policy during the period of 1945 to 1973 was his emphasis on detente with the Soviet Union.
Nixon believed that the United States and the Soviet Union needed to find common ground and reduce tensions in order to avoid a nuclear war.
B. One change in foreign policy by Richard Nixon during the period of 1945 to 1973 was his opening of diplomatic relations with China.
Nixon's trip to China in 1972 marked the first time that an American president had visited China since the communist takeover in 1949.
C. To support the claim regarding Nixon's emphasis on detente, one could point to his policies such as the Strategic Arms Limitation Talks (SALT) and the Anti-Ballistic Missile Treaty (ABM), both of which aimed to reduce the threat of nuclear war.
To support the claim regarding Nixon's opening of diplomatic relations with China, one could point to his meetings with Chinese Premier Zhou Enlai and the Shanghai Communique, which outlined the two countries' shared interests and paved the way for future cooperation.
For more such question on nuclear war
https://brainly.com/question/29546669
#SPJ11
sally bought a used car. the selling price plus 7% sales tax was $9041.50. what was the selling price?
Answers
The selling price of car is $8450 and the sales tax is 7 percentage so she bought used car for $9041.50.
How to calculate selling price ?The amount a buyer pays for a good or service is known as the selling price. It may differ based on the price that buyers are prepared to pay, the seller's acceptance threshold, and how competitive the price is in relation to those of competing companies in the market.
Determine the total cost of all the purchased units. To find the cost price, divide the total cost by the quantity of units purchased. To determine the final price, use the formula for selling price (SP), which is: SP = CP + Profit Margin.
The selling price is the amount at which your house is actually purchased. It's crucial to realise that you won't likely sell your property quickly or easily if your market estimate is off.
we assume selling price is x
Sales tax = 7%
Total price of a car = $9041.5
x = 9041.5 / ( 1 + 0.07) = 8450
Thus selling price of car is $8450
To learn more about selling price refer:
https://brainly.com/question/28017140
#SPJ4
Scot and Jopin are in partnership. They share profits in the ratio: Scot 70 per cent; Jopin Purchases136,680 Debtors and creditors41,94032,216 (d)Charge interest on capitals at 5 per cent. Office equipment3,600 (b)Office expenses owing £240. Provision for depreciation at 31. 12. 20X6: Stock at 31 December 20X638,410 Salaries27,400 (a)Stock 31 December 20X7 £41,312 Draw up a set of final accounts for the year ended 31 December 20X7 for the partnership. The fol (c)Provide for depreciation: motor 25 per cent of cost, office equipment 20 per cent of cost Office equpment at cost9,200 Drawings: Scot17,500 Cash at bank2,118 lowng notes are applicable at 31 December 20X7 DrCr Joplin16,000 Capita accounts: Scot50,000 Discounts allowed312 Sales180,400 Current accounts at 31. 12. 20X6 Cash in hand317 313,407313,407 Motor vehicles12,800 Jopln7,009 ££ 30 per cent. The folowng trial balance was extracted as at 31 December 20X7. Scot7,382 Office expenses2,130 Motor vehices at cost21,400 Joplin20,000 Required: (e)Charge interest on drawings: Scot £300; Joplin £200.
Answers
a. Profit per partner is 0.23.
b. The partners owe Scot and Joplin is £59,295 each.
c. Total provision for depreciation is 11,344
d. Interest on capital is £1,800
e. Total interest payable is £1,000
f. The total debit and credit amounts do not agree, which indicates that there is an error in the trial balance. Total 750,000.
(a) The profits for each partner, we need to calculate the total sales and subtract the total expenses, and then divide the result by the total capital.
Total sales = 180,400
Total expenses = (office expenses + motor vehicle depreciation) + drawings + provisions for depreciation + discounts allowed + cash in hand
= (2,130 + 30,000 + 16,000 + 312 + 2,118) + (17,500 + 7,009) + (50,000 + 31,200) + (312 + 30% of 41,940)
= 147,643 + 17,500 + 50,000 + 312 + 2,118
= 242,054
Total capital = 50,000 + 70,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000
= 750,000
Profit per partner = Total sales / Total capital
= 180,400 / 750,000
= 0.23
(b) The total drawings of Scot and Joplin are 17,500 + 20,000 = 37,500. The total profit after paying for the provision for depreciation is 180,400 - 31,200 - 240 - 38,410 = 118,590. Therefore, the partners owe Scot and Joplin £118,590 / 2 = £59,295 each.
(c) The provisions for depreciation for motor vehicles and office equipment are calculated as follows:
Depreciation on motor vehicles = 21,400 / 70% = 30,600
Provision for motor vehicles = 30,600 x 25% = 7,150
Depreciation on office equipment = 41,940 / 20% = 20,970
Provision for office equipment = 20,970 x 20% = 4,194
Total provision for depreciation = 7,150 + 4,194 = 11,344
(d) The interest on capital is calculated as follows:
Interest on capital = 5% x 50,000 x 12 x 3 / 2 = £1,800
(e) The interest on drawings is calculated as follows:
Interest on drawings = 300 x 2 = £600
Interest on Joplin = 200 x 2 = £400
Total interest payable = £600 + £400 = £1,000
(f) The trial balance at 31 December 20X6 is:
Debit:
Cash 313,407
Motor vehicles 21,400
Joplin 20,000
Drawings 16,000
Provision for depreciation 31,200
Current accounts 312
Discounts allowed 312
Credit:
Sales 180,400
Office expenses 2,130
Motor vehicle expenses 30,000
Provision for depreciation on motor vehicles 7,150
Provision for depreciation on office equipment 4,194
Expenses paid in advance 17,500
Drawings 17,500
Interest payable 1,000
Total 750,000
Learn more about Profit Visit: brainly.com/question/30507114
#SPJ4
In general, business writing should be _____.
Answers
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
Know more about meaningful Visit:
https://brainly.com/question/28499282
#SPJ1
When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car
Answers
Answer:
B
Explanation:
if u had a choice would you help have dying family member of be a multi-millionaire
Answers
Answer:
Yes i would help them... its the better thing to do...
Explanation:
Answer and Explanation:
Yes. I'd help them.
PLEASE HELP IM BEGGING:)))
Complete the following questions related to the market supply for apples:
1) In which of the following markets would the supply of apples be more inelastic?
(T 1 mark)
a) apples in the present growing season.
b) apples in the next 10 years.
2) Justify your answer for question 1 by using at least two of the factors that affect
the elasticity of supply. (T 1 mark C 2 mark)
Answers
Answer:
SORRY I DIDN'T KNOW THE ANSWER OF YOUR QUESTIONWhich of the following are automatically withheld from paychecks?
Answers
A ________ refers to the group of different products or brands owned by an organization and characterized by different income-generating and growth capabilities.
Answers
A Business portfolio refers to the group of different products or brands owned by an organization and characterized by different income-generating and growth capabilities. The term "business portfolio" refers to a grouping of goods, services, and other business divisions. The company's available resources that it employs to accomplish its objectives can also be referred to as this portfolio.
It comprises of holdings, investments, goods, companies, and trademarks. The Organization can handle a variety of projects or just one project with the help of business portfolio management. It enables the company to assess and weigh competing requests for project the resources.
To learn more about organization, click here.
https://brainly.com/question/12825206
#SPJ4
differentiate between primary and secondary wants
Answers
Answer:
Difference between primary needs and secondary needs: Primary needs: The primary needs are the basic requirements according to biological demands like oxygen for breathing, water for overcoming thirst, food for living and shelter. The secondary needs are the needs that remain even after the primary needs are satisfied
Consider the following goal: "I'm going to earn $10,000 this month, working part
time at the fast food restaurant (up from $234 last month).” Why would this NOT be
considered a SMART goal?
a) It is not specific
b) It is not measurable
c) It is not attainable
d) It is not time-bound
Answers
if a country had a trade surplus of $100 billion and then its exports rose by $40 billion and its imports rose by $30 billion, its net exports would now be
Answers
The net exports would now be $110 billion.
What are net exports?
A country's overall commerce is gauged by its net exports. The calculation of net exports is straightforward: Net exports are calculated as the total value of a country's exports less the total value of its imports of goods and services.
If a country's net exports are positive, it has a trade surplus; if they are negative, it has a trade deficit. Thus, a country's overall trade balance includes its net exports as part of it.
A nation with positive net exports earns more money from the sale of its commodities abroad than it does from all of its imports combined. The total amount of products and services that a nation exports to other countries includes all of its exports of goods, freight, travel, tourism, communication, and other services.
to learn more about net exports click:
https://brainly.com/question/26428996
#SPJ4
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
cName two types of market failure. Explain why each may cause market outcomes to be inefficient.
Answers
When resources are not dispersed or allocated in an effective manner, markets for all products and services fail. The two types of market failure are failure due to imperfect competition and Public Goods.
we can study two types of market failure as below-
1. Imperfect Competition - When a market has a monopoly, it is very simple to control prices. In addition, the seller can charge different prices to different customers, a practice known as price discrimination. Due to the imperfect and unfair distribution of resources and the continued concentration of power in the hands of sellers, this would result in a market failure in the economy. Sellers have the power to trick customers into paying more for products and services than they should.
2. Public Goods - Non-excludability and non-rivalry are two conditions of the public good. So, anyone can utilise these things, and their uses cannot be disputed. But, because of this clause, the issue of free riders arises and those who have not paid for or made contributions to the public good also profit from it. Moreover, market failure in the economy would result from this.
Learn more about Market Failure here: brainly.com/question/13123538
#SPJ4
On March 17th, Rollo's Antiques accepted a credit card for a $1,000 purchase. The credit card company charges a 2% service fee. The entry to record this transaction would include a A : credit to Service Charge Expense of $20. B : debit to Cash of $1,000. C : debit to Service Charge Expense of $20. D : credit to Cash of $980.
Answers
Answer:
C : debit to Service Charge Expense of $20
Explanation:
The complete journal entry used to record this transaction would be:
March 17, 202x, sales revenue
Dr Cash 980 (assuming the transaction is processed automatically)
Dr Service charge (or Credit card) expense 20
Cr Sales revenue 1,000
Since the credit card company is charging you a 2% commission ($20), we must consider it an expense. Remember that all expenses must be debited.
2. It is January 1st ,2015.2014 turned out very well for Oscar - his projections were quite close. He wants you to project out an Income Statement, Balance Sheet and a Cash Flow Statement for 2015 using the new assumptions outlined below. (40 points) a. 2015 year sales will each be 25% higher than the $110,000 realized in 2014 b. Gross margins in 2015 will be 55,5% higher than the 50% realized in 2014 c. Operating margins will be 22%,2% higher than 20% realized in 2014 d. Accounts Receivables will be 12% of sales, lower than the 15% seen in 2014 e. Inventory will be 15% of sales, higher than the 12% seen in 2014 f. Accounts Payable will be 4% of sales in 2015 , lower than the 5% seen in 2014 g. Accrued expenses payable will be 4% of sales in 2015 , lower than the 7% seen in 2014 h. The Bank of Connecticut will continue to be paid 8% interest on the $30,000 worth of loans. i. The combined federal and provincial tax rates will be 30% j. No new capital purchases are made k. Closing cash is expected to remain at the same level predicted for and seen in 2014 I. Depreciation of existing capital equipment continues at the same rate observed in 2014 3. Comment on the performance of Bart D'Souza's company. How is the company doing? He is working at this business part-time. Should he quit his other job and work at this full-time? Should he do the opposite - and exit the business? Or, should he stay the course and see how things unfold? What other kinds of information might you want to know to answer these questions? (10 marks)
Answers
Based on the provided information, it seems that Bart D'Souza's company has been performing well.
Sales are projected to increase by 25% in 2015, indicating a growing customer base or increased demand for the company's products/services. Additionally, both gross margins and operating margins are expected to improve, suggesting effective cost management and increased profitability. Considering Bart D'Souza's part-time involvement in the business, the decision to quit his other job and work at the company full-time would depend on various factors. It would be essential to assess the financial stability and growth potential of the business, as well as Bart's personal financial obligations and risk tolerance. Other information that would be helpful includes the company's competitive landscape, industry trends, and the availability of resources to support full-time operations. Ultimately, the decision to stay the course, transition to full-time, or exit the business should be based on a thorough evaluation of both the business's performance and Bart's personal circumstances and aspirations.
Learn more about company here:
https://brainly.com/question/30532251
#SPJ11
The _______ is a legal entity whose goal is the production of specific goods and services to make a profit
Answers
The corporation is a legal entity whose goal is the production of specific goods and services to make a profit
A corporation is in fact a type of legal entity established by the laws of a specific nation or state. It is a distinct legal entity from its owners, known as shareholders, who are only partially liable for the debts and liabilities of the corporation. A corporation's main objective is to create products and services that will bring in money for its stockholders.
The phrase maximizing shareholder value is frequently used to describe this. Nonetheless, depending on the corporation's principles and mission, it may also have additional objectives, such as achieving sustainability or social responsibility. While producing commodities for profit is unquestionably a basic function of businesses, however, they can also have other financial objectives, legal frameworks and technological requirements.
Read more about corporation on:
https://brainly.com/question/1918077
#SPJ4
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.
Answers
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.
Learn more about A Diverse Workforce here:
https://brainly.com/question/18956431
#SPJ6
Which is a step of closed-loop communication?
a. Confirming task completion before assigning another task
b. Encouraging all team members to speak clearly
c. Abandoning ego
d. Using distinctive speech and a controlled voice
Answers
A step of closed-loop communication is confirming task completion before assigning another task.
Closed-loop communication is a process of effective communication that involves feedback and confirmation to ensure that messages are correctly received and understood. It is particularly important in high-stress or high-risk environments, such as healthcare or aviation, where miscommunication or errors can have serious consequences.
Confirming task completion before assigning another task is an important step in closed-loop communication because it ensures that the task has been successfully completed and any issues or concerns have been addressed before moving on to the next task. This step helps to prevent misunderstandings, errors, and miscommunications that can lead to delays, rework, or even accidents.
Other steps in closed-loop communication may include using clear and concise language, repeating or summarizing messages, verifying understanding, and providing feedback to the sender.
Learn more about communication here:
https://brainly.com/question/14665538
#SPJ11