Calculate the price of a consol that has an annual coupon payment of $100 when the interest rate is 4%. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
Answers
The price of a consol with an annual coupon payment of $100 and an interest rate of 4% can be calculated as $2500 using the formula Price = Coupon Payment / Interest Rate. This formula helps determine the present value of future cash flows.
A consol is a type of bond that pays a fixed coupon payment indefinitely. The price of a consol is determined by the present value of its future cash flows. In this case, the consol has an annual coupon payment of $100, which will be received each year.
To calculate the price of the consol, we divide the annual coupon payment ($100) by the interest rate (4% or 0.04 as a decimal). Mathematically, it can be represented as:
Price = Coupon Payment / Interest Rate
Price = $100 / 0.04
Price = $2500
Therefore, the price of the consol is $2500. This means that an investor would be willing to pay $2500 to purchase the consol and receive the annual coupon payment of $100. The interest rate of 4% is used to discount the future cash flows to their present value, reflecting the time value of money.
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Related Questions
The ______ organizational strategy involves setting up a series of conditions or specifications that your audience will accept and then showing how your proposal will meet those conditions or specifications.
Answers
The organizational strategy that involves setting up a series of conditions or specifications that your audience will accept and then showing how your proposal will meet those conditions or specifications is known as the problem-solution organizational strategy.
1. Define the problem: First, identify the problem that your audience is facing. Make sure that you have a clear understanding of the problem and that you can explain it to your audience in a way that they can relate to.
2. Present the conditions or specifications: Once you have identified the problem, you need to set up a series of conditions or specifications that your audience will accept. These conditions should be related to the problem and should help you to develop your solution.
3. Propose a solution: Finally, propose a solution that meets the conditions or specifications that you have set up. Make sure that you explain how your solution addresses the problem and how it meets the conditions or specifications that you have set up.
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According to the eText, which mode of transport is a great option for large and bulky shipments that must move internationally at a low cost?
Group of answer choices
Rail/Train
Road/Truck
Ocean/Ship
Air/Airplane
Pipeline
Answers
Ocean/Ship is the best choice for large and bulky shipments that need to move internationally at a low cost. Shipping by ocean freighter is usually the cheapest form of international shipping because fuel and labor costs are much lower than air or rail shipping.
Sea shipping is also the best choice for large and bulky shipments because it can accommodate much larger and heavier cargo than air or rail shipping. It's also a great choice for international shipments that don't require immediate delivery, as transit times can be much longer than air or rail. All these factors make ocean/ship a great choice for international shipments that require low cost and large capacity.
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Which of the following factors is most likely to result in delivery delays?
Forecast of bad weather or road closures
Answers
The forecast of bad weather or road closures is most likely to result in delivery delays. These factors affect transportation, causing delays in the delivery process. It is important for businesses to monitor weather and road conditions and adjust delivery schedules accordingly to minimize the impact.
Forecast of bad weather or road closures can significantly impact delivery schedules, leading to delivery delays. Bad weather can cause unsafe road conditions, which can slow down or even halt transportation. For example, heavy snowfall, thunderstorms, hurricanes, and other weather events can make roads impassable or dangerous for drivers, leading to delays in delivery.
Road closures or construction can also cause delays, as drivers may need to take alternate routes or deal with traffic congestion. These factors can be especially problematic for time-sensitive shipments, where even minor delays can have a significant impact on the recipient's schedule. In such cases, shipping companies and logistics providers may need to adjust their delivery schedules, reroute shipments, or employ other strategies to ensure timely delivery.
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The ability to motivate individuals and groups to accomplish important goals is called ____________________.answer choicesmanagemententrepreneurshipleadership
Answers
The ability to motivate individuals and groups to accomplish important goals is called Leadership .
The definition of leadership is to influence, inspire and assist others turn out to be their great selves, building their competencies and reaching goals along the manner. You do not must be a CEO, manager or even a crew lead to be a leader. leadership is a set of skills – and a certain psychology – that all and sundry can master.
Management, both as a research vicinity and as a practical talent, encompasses the ability of an person, institution or corporation to "lead", impact or guide other people, teams, or complete groups. The word "management" regularly receives considered as a contested time period.
As a catalyst, leaders carry out four important capabilities – cast off roadblocks that preclude the undertaking results, expand connections across the company, connect the employee's imaginative and prescient to that of the organisation, and instigate a advantageous running environment in the organization.
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Speech and debate question Which of the following would not be considered a part of a good closing A leaving the audience thinking about something they have learned. B saying that’s it. C saying something interesting or D asking the audience to do something you know they will feel motivated to do
Answers
The option that would not be considered a part of a good closing is saying that’s it.
What are the types of speeches?The four types of speeches are made:
To informTo instructTo entertainTo persuadeA person may have a lot of purposes in mind when giving your presentation and the closing statement is very important.
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Answer:
B) saying "that’s it"
Explanation:
I just took the speech and debate final and got it correct.
Economic profit isthe difference between total revenue and the opportunity cost of all of the resources used in production.the difference between total revenue and the implicit costs of using owner-supplied resources.the difference between accounting profit and the opportunity cost of the market-supplied resources used by the firm.the difference between accounting profit and explicit costs.
Answers
Profitable profit is the difference between the total profit generated from the product of goods or services and the occasion cost of all of the coffers used in that product.
It's the return to the entrepreneur for taking on the threat of running a business. profitable profit takes into account both unequivocal costs, similar as the cost of labor and accoutrements , as well as implicit costs, similar as the occasion cost of the proprietor's time and coffers. By counting for both unequivocal and implicit costs, profitable profit provides a more comprehensive measure of the profitability of a business than simply counting profit, which only takes into account unequivocal costs. profitable profit can be either positive or negative, depending on the earnings generated and the costsincurred. However, also it'll have a positive profitable profit,
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abbott and costello labs donated drugs to epsilon hospital, a nonprofit entity, in january. if epsilon had purchased the drugs, it would have paid $600,000. during the year, epsilon used all the drugs in providing services to patients. how should epsilon report the donation in its financial statements for the year ended december 31? select one: a. report $600,000 as a reduction of operating expenses b. report $600,000 as other revenues (or gains) c. report the donation in a note to its financial statements d. report nothing
Answers
Epsilon report the donation in its financial statements Report $600,000 as other revenues (or gains).
In hospital accounting, what are restricted funds?
Money that a donor has designated can only be used for a certain purpose is contained in a restricted fund. If funds are temporarily limited, any surplus can become unrestricted after the goal has been achieved. If funds are permanently limited, they must be kept intact in the form of an endowment, which is typically preserved forever, and only the interest on the endowment's investments may be used to further the goal.
Any gifts given and designated by the giver for a particular use are considered restricted money. Donors are legally entitled to place restrictions on the donations they make to organizations (usually NGOs) and demand that their gifts only be utilized for a small number of very particular objectives.
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what time is it? pls tell meee
Answers
Answer:
it is 11.20 am in my phone
HOPE IT HELPS
The "Law of Increasing Opportunity Costs"
makes the PPF curve bow outward. This would
cause the bow of the PPF curve to expand in
which direction when looking at it?
A. centre
B. right
C. left
Answers
The "Law of Increasing Opportunity Costs" makes the PPF curve bow outward. This would cause the bow of the PPF curve to expand in right direction when looking at it. The correct option is b.
Because of the law of increasing opportunity cost, the PPF (Production Possibilities Frontier) bows outward. It reflects that an organization's economy that wants to generate more units of one good or service has less capacity to produce greater units of another good at the same time with the same resources.
The "Law of Increasing Opportunity Costs" causes the PPF curve to curve outward. When looking at the PPF curve, this would cause the bow to expand in the right direction.
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Answer:c
Explanation:
Linda earns $83,000 per year as an employee. How much will she pay this year in Social Security taxes
Answers
Answer: b.$5,146.00
Explanation:
Social security tax rate is 6.20%, you would multiply $83,000 by 0.062 to get a total of $5,146
the ________ explains why the door in the face tactic is effective.
Answers
The door-in-the-face tactic is effective because it involves making a large request that is likely to be refused, followed by a smaller request that is more reasonable and likely to be accepted.
The door-in-the-face tactic is a persuasion technique that involves making an initial request that is intentionally large and likely to be refused, followed by a second request that is smaller and more reasonable. The second request is more likely to be accepted because it appears to be a concession made by the requester, who has seemingly compromised on their original request.
The effectiveness of this tactic can be explained by several psychological principles. Firstly, it creates a sense of reciprocity in the person being persuaded. When someone makes a large request and then follows it up with a smaller request, the recipient of the request feels that they are being given a concession, and they are more likely to reciprocate by granting the smaller request. This is known as the norm of reciprocity.
Secondly, the door-in-the-face tactic makes use of the principle of social proof. When someone is faced with a large request that they are likely to refuse, they may feel that they are deviating from social norms by rejecting it. When the requester follows up with a smaller request, the recipient may feel that they are conforming to social norms by accepting it.
Finally, the door-in-the-face tactic can also be effective because it creates a sense of commitment and consistency. When someone agrees to a smaller request after refusing a larger one, they may feel that they are being consistent with their previous behavior. This can create a sense of commitment to the requester and make it more difficult for the recipient to back out of the agreement.
Overall, the door-in-the-face tactic is an effective persuasion technique because it leverages several psychological principles to increase the likelihood that someone will agree to a request.
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Three factors to consider when making an investment
Answers
Answer:
is it worth the money, how much time will you wast making an investment, and is it worth your time
Explanation:
Police are investigating the site of a convenience store robbery. The glass door was
broken, and it looks as if several packages of cigarettes are missing from behind the
counter. One police officer notices a man walking past the store and gets an odd
feeling about him. He stops the man and insists on searching his pockets. Inside the
man's pockets, police find several packs of cigarettes. They arrest the man and
charge him with the crime. Unfortunately, the judge throws out the charges. What is
MOST likely the judge's reason for dismissal?
A-The man is under 18 years old.
B-The man did not have money to post bail.
C-The policeman did not have probable cause to search the man.
D-The policeman did not have enough evidence that the man was the robber.
Answers
The MOST likely judge's reason for dismissal is the policeman did not have enough evidence that the man was the robber. Thus the correct option is D.
What is Robbery?Theft or robbery is defined as the stealing of someone else's property without their permission and using force or a threat of force that exhibits fear in them to perform any action against them.
To prove a crime against someone requires one to submit enough evidence which helps to establish the claim as the justice system is based on evidence not on arguments.
In the given case, police found the activity of the men suspicious as they found cigarette packets from him. There is no evidence that he has stolen the cigarette packets might be possible he has purchased them.
So due to a lack of evidence against the person the Judge dismissal the case. Therefore, option D is appropriate.
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Q9. WE Company has completed all operating budgets other than the income statement for 2024. Selected data from these budgets follow.
Sales: $350,000
Purchases of raw materials: $145,000
Ending inventory of raw materials: $15,000
Direct labor: $40,000; Manufacturing overhead: $73,000, including $3,000 of depreciation expense
Selling and administrative expenses: $36,000 including depreciation expense of $1,000; Interest expense: $1,000
Principal payment on note: $2,000; Dividends declared: $2,000 and Income tax rate: 30%
Other information:
Assume that the number of units produced equals the number sold.
Year-end accounts receivable: 4% of 2024 sales.
Year-end accounts payable: 50% of ending inventory of raw materials.
Interest, direct labor, manufacturing overhead, and selling and administrative expenses other than depreciation are paid as incurred.
Dividends declared and income taxes for 2014 will not be paid until 2015.
Instructions
(a) Calculate budgeted cost of goods sold.
(b) Prepare a budgeted income statement for the year ending December 31, 2014.
(c) Prepare a budgeted balance sheet as of December 31, 2014
Answers
Answer:
(a) To calculate the budgeted cost of goods sold, we need to use the following formula:
Beginning Inventory of Raw Materials + Purchases of Raw Materials - Ending Inventory of Raw Materials + Direct Labor + Manufacturing Overhead = Total Manufacturing Costs
$0 (assuming no beginning inventory of raw materials) + $145,000 - $15,000 + $40,000 + $73,000 = $243,000
Then, we can use the following formula to calculate the budgeted cost of goods sold:
Total Manufacturing Costs + Beginning Finished Goods Inventory - Ending Finished Goods Inventory = Cost of Goods Sold
$243,000 + $0 - $0 = $243,000
Therefore, the budgeted cost of goods sold is $243,000.
(b) Using the information above, we can prepare a budgeted income statement for the year ending December 31, 2014 as follows:
WE Company
Budgeted Income Statement
For the Year Ending December 31, 2014
Sales $350,000
Cost of Goods Sold $243,000
Gross Profit $107,000
Selling and Administrative Expenses $36,000
Depreciation $1,000
Interest Expense $1,000
Income before Taxes $69,000
Income Tax Expense $20,700
Net Income $48,300
(c) Using the information above, we can prepare a budgeted balance sheet as of December 31, 2014 as follows:
WE Company
Budgeted Balance Sheet
As of December 31, 2014
Assets
Cash TBD
Accounts Receivable TBD
Inventory of Raw Materials $15,000
Finished Goods Inventory TBD
Total Assets TBD
Liabilities and Stockholders' Equity
Accounts Payable TBD
Note Payable TBD
Stockholders' Equity TBD
Total Liabilities and Stockholders' Equity TBD
To complete the budgeted balance sheet, we need additional information such as the amount of cash, accounts receivable, finished goods inventory, note payable, and stockholders' equity.
Manufacturing machinery must be maintained to continue working. Who is responsible for this?
Industrial machinery mechanics
Line assemblers
Manufacturing engineers
Product inspectors
Answers
Answer: Industrial machinery mechanics
Explanation: took exam and got 100
Answer:
A
Explanation:
Valley Harps Ltd, a Trinidad & Tobago based company, annually negotiates a contract with Swiss Watch Company, located in Switzerland, to purchase a large shipment of watches. On July 17, 2015, Valley Harps Ltd purchased 10,000 watches for a total of 1.25 million Swiss francs. However, Valley Harps Ltd is not aware of the exchange rates for Swiss francs, but those of other currencies, including the US dollar.
Selected exchange rates are given as follows:
July 17, 2015 July 25, 2020
TTD 6.55/USD TTD 6.75/USD
USD 0.73/CHF USD 0.77/CHF
You are ask to assist Valley Harps Ltd in determining the following:
a) The total cost and cost per watch in Trinidad & Tobago dollars.
b) The total cost and cost per watch in Trinidad & Tobago dollars of 12,000 watches purchased on July 25, 2020, assuming that Switch Watch
Company maintained the same price per watch (in Swiss francs).
Answers
a) The total cost of the 10,000 watches in Trinidad & Tobago dollars is 5,978,375 TTD, and the cost per watch is 597.84 TTD.
b) The total cost of the 12,000 watches in Trinidad & Tobago dollars is 6,502,500 TTD, and the cost per watch is 541.88 TTD.
a) To determine the total cost and cost per watch in Trinidad & Tobago dollars for the 10,000 watches purchased on July 17, 2015, we need to convert the purchase amount from Swiss francs (CHF) to Trinidad & Tobago dollars (TTD).
Given: Purchase amount: 1.25 million Swiss francs (CHF)
Exchange rate on July 17, 2015: TTD 6.55/USD
Exchange rate on July 17, 2015: USD 0.73/CHF
First, we need to convert the purchase amount from Swiss francs to US dollars:
Purchase amount in USD = Purchase amount in CHF × Exchange rate (USD/CHF)
Purchase amount in USD = 1.25 million CHF × 0.73 USD/CHF
Purchase amount in USD = 912,500 USD
Next, we convert the purchase amount from US dollars to Trinidad & Tobago dollars:
Purchase amount in TTD = Purchase amount in USD × Exchange rate (TTD/USD)
Purchase amount in TTD = 912,500 USD × 6.55 TTD/USD
Purchase amount in TTD = 5,978,375 TTD
To calculate the cost per watch, we divide the total cost by the number of watches:
Cost per watch in TTD = Purchase amount in TTD / Number of watches
Cost per watch in TTD = 5,978,375 TTD / 10,000 watches
Cost per watch in TTD = 597.84 TTD
Therefore, the total cost of the 10,000 watches in Trinidad & Tobago dollars is 5,978,375 TTD, and the cost per watch is 597.84 TTD.
b) To determine the total cost and cost per watch in Trinidad & Tobago dollars for 12,000 watches purchased on July 25, 2020, assuming the same price per watch in Swiss francs, we follow a similar process.
Given: Number of watches: 12,000
Exchange rate on July 25, 2020: TTD 6.75/USD
Exchange rate on July 25, 2020: USD 0.77/CHF
First, we convert the purchase amount from Swiss francs to US dollars:
Purchase amount in USD = Purchase amount in CHF × Exchange rate (USD/CHF)
Since the price per watch remains the same, the purchase amount in CHF will be 1.25 million CHF.
Purchase amount in USD = 1.25 million CHF × 0.77 USD/CHF
Purchase amount in USD = 962,500 USD
Next, we convert the purchase amount from US dollars to Trinidad & Tobago dollars:
Purchase amount in TTD = Purchase amount in USD × Exchange rate (TTD/USD)
Purchase amount in TTD = 962,500 USD × 6.75 TTD/USD
Purchase amount in TTD = 6,502,500 TTD
To calculate the cost per watch, we divide the total cost by the number of watches:
Cost per watch in TTD = Purchase amount in TTD / Number of watches
Cost per watch in TTD = 6,502,500 TTD / 12,000 watches
Cost per watch in TTD = 541.88 TTD
Therefore, the total cost of the 12,000 watches in Trinidad & Tobago dollars is 6,502,500 TTD, and the cost per watch is 541.88 TTD.
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You are a consultant helping to turn around a factory that hasn't adapted to modern manufacturing standards. They receive several truckloads of raw materials each day, which are recorded by hand in a logbook kept at the loading dock. Each of the salesmen keeps a running tally of orders and files them in the sales office. The deliveries are made once a truck is filled. What aspects of this factory can be significantly improved by introducing an EPR (enterprise resource planning) system?
environmental management
sales and revenue
human resource management
equipment maintenance
Answers
Answer:
use of modern technology
Explanation:
to make work and tallying
easy
Answer:Sales and revenue
Explanation:
This is standard business marketing
the maximum amount a taxpayer may claim for the lifetime learning credit is
Answers
The maximum amount a taxpayer may claim for the Lifetime Learning Credit is $2,000 per tax return. This credit provides financial assistance to eligible individuals for qualified education expenses incurred for themselves, their spouses, or their dependents.
It helps offset the costs of tuition, fees, and other educational expenses required for post-secondary education or acquiring or improving job skills. Unlike some other education-related tax credits, the Lifetime Learning Credit does not have a limit on the number of years it can be claimed. However, it is important to stay updated with current tax laws and consult a tax professional for the most accurate and recent information.
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how often should you evaluate your paid media budget hubspot
Answers
Evaluating your paid media budget is essential to ensure that your advertising efforts are providing the best return on investment (ROI). As such, it's important to regularly review and adjust your paid media budget as necessary.
The frequency at which you evaluate your paid media budget may vary depending on your business needs and goals. Generally, it's recommended to evaluate your budget on a monthly or quarterly basis. This will allow you to monitor the performance of your ads and make necessary adjustments to improve your ROI.
When evaluating your paid media budget, you should consider several factors, including your ad spend, conversion rates, cost per acquisition, and ROI. By analyzing these metrics, you can determine if your advertising efforts are effective and where you need to allocate your budget to maximize results.
In conclusion, evaluating your paid media budget regularly is crucial to ensure that you are making the most out of your advertising efforts. By monitoring your metrics and adjusting your budget accordingly, you can optimize your advertising campaigns and achieve the best ROI possible.
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which of the following is not a reason why firms use budgets? a. operating leverage. b. performance evaluation. c. coordination. d. planning.
Answers
Operating leverage is not a reason why firms use budgets. A budget is a written plan that outlines how you want to spend your money each month. A budget ensures that you have adequate money each month.
A budget demonstrates how much money you make. Budgeting is the process of anticipating a company's revenues and expenses for a given period, with examples being the sales budget created to make an estimate of the company's sales and the production budget prepared to project the firms output, among others. Budgeting ensures that you do not spend more than you earn and allows you to plan for both short-term and long-term needs.
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FILL IN THE BLANK. According to Crosby, _____ is a performance standard which involves concentrating on preventing defects rather than just finding a fixing them.
Answers
According to Crosby, zero defects is a performance standard which involves concentrating on preventing defects rather than just finding and fixing them only.
In an organization, Zero Flaws (or ZD) is a collaborative program or mindset where everyone works together to achieve the aim of having no defects in quality. The idea briefly had popularity in American business starting in 1964 as a management-led initiative to eradicate flaws in industrial output.
An articulation of the performance threshold(s), requirement(s), or expectation(s) that must be met in order to be evaluated at a specific level of performance is called a performance standard.
Performance standards are instructions that companies provide to their staff members to explain what is expected of them as a member of the team. They outline the responsibilities of the position and the standards of performance that the employee must meet.
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What percentage of consumers will NOT eat in a restaurant with negative online reviews about its cleanliness?
O A. 33 percent
OB.
O C.
O D.
less than 10 percent
75 percent
approximately 50 percent what’s the answer?
Answers
About 75% of consumers will not eat at a restaurant with negative online reviews about its cleanliness.
According to Business Wire research, 75% of people will not visit a restaurant that has received unfavorable ratings concerning its hygiene. Negative ratings concerning cleanliness have the greatest impact on restaurants, surpassing hotels and doctor's offices.
A restaurant's cleanliness is obviously critical. When the restaurant sector slows, though, hygiene generally takes a back seat. And the current consumer trend of reading reviews online before visiting a restaurant affects the business as everything from the ambiance, the food, the service, and the cleanliness is taken into consideration.
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What is one financial opportunity you could enjoy if you didn’t have to worry about making a monthly student loan payment?.
Answers
The financial opportunity that students can enjoy if they didn’t have to worry about making a monthly student loan payment would be to buy crypto like BTC and ETH.
What is a Financial Opportunity?This refers to the chance that a person gets in order to invest money to increase his financial portfolio.
Hence, it is worthy to note that because student loan payments are so high and have to be paid monthly, this makes most people be broke or low on money, and without this hassle, they would have invested in crypto, stocks, or any other financial stock.
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T/F: According to the Americans with Disabilities Act (ADA), employers are required to take care not to discriminate against workers over age 40 in providing pay or benefits
Answers
The statement " According to the Americans with Disabilities Act (ADA), employers are required to take care not to discriminate against workers over age 40 in providing pay or benefits" is False.
The Americans with Disabilities Act (ADA) is a federal law that prohibits discrimination against individuals with disabilities in various areas of life, including employment. However, the Age Discrimination in Employment Act (ADEA) is the federal law that prohibits employment discrimination against individuals who are 40 years of age or older. Therefore, under the ADEA, employers are required to take care not to discriminate against workers over age 40 in providing pay or benefits.
This includes hiring, firing, promotions, compensation, and job training. Additionally, employers cannot retaliate against an employee who has filed a complaint of discrimination under the ADEA. Employers who violate the ADEA can face serious legal consequences, including fines and legal damages. It is important for employers to be aware of their responsibilities under the ADEA and take steps to prevent age discrimination in the workplace.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
Which sequence of HACCP principles is in the correct order?
A.
Establish critical limits for each CCP, conduct a hazard analysis, and establish corrective actions.
B.
Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP.
C.
Establish record-keeping procedures, establish corrective actions, and establish CCP monitoring requirements.
D.
Establish CCP monitoring requirements, conduct a hazard analysis, and identify CCPs.
E.
Conduct a hazard analysis, identify CCPs, and establish CCP monitoring requirements.
Answers
Answer:
B
Explanation:
Hazard analysis of critical control point (HACCP) is a process of identifying and assessing risks alongside the biological , physical and chemical hazards associated with food production .
The sequence of the first three of the seven principles are
1. Conduct hazard analysis to determine potential risks related to food protection
2. Identify the critical control point (CCP) which addresses controlling identified hazards that are mostly likely to cause injury to health
3. Establishing critical limits for each CCP , which is the highest or lowest level a biological ,physical or chemical parameter must be controlled to prevent or minimize hazards.
Answer:
B. Conduct a hazard analysis, identify CCPs, and establish critical limits for each CCP
Explanation:
Match the terms with their correct definitions.
Answers
yaaaaaaaaaaaaaaahhhhhh
In value-chain analysis, value is measured by total revenue.a) Trueb) False
Answers
Answer:
True
Explanation:
In a value chain analysis value is often measured in terms of revenue. In short value-chain analysis describes all of the activities that a business employs to create a product or service.
why should the production requirements set forth in the production budget be carefully coordinated with the sales budget?
Answers
The production budget and sales budget need to be carefully coordinated in order to ensure that the resources and funding allocated to production are used efficiently and effectively.
This coordination allows the company to plan for the correct amount of production, enabling them to meet customer demand without over or under producing. Overproduction can lead to inefficiencies and wasted resources, while underproduction can lead to customer dissatisfaction and missed opportunities for sales.
Additionally, it is important that the production budget is coordinated with the sales budget so that the company can anticipate how much money they need to invest in production in order to reach their sales goals. By coordinating these two budgeting documents, companies can ensure that their production and sales plans are aligned with their overall financial goals.
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In an amortized mortgage, the monthly payment is the same each month. The part used to pay the principal increases each month, while the amount going toward interest ______.
Answers
In an amortized mortgage, the monthly payment is the same each month. The part used to pay the principal increases each month, while the amount going toward interest decreases.
What is a mortgage?These are loans granted by banks or a specialized mortgage to borrowers who intends buying a house.
Amortization is a repayment feature of loans with equal monthly payments and a fixed end date. Mortgages are amortized, and so are auto loans.
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