flower, an organic cookie company, not only provides nutritional information on the packaging of its products but also provides a pamphlet that gives an in-depth description of the production creation. given this information, flower is an advocate of .

Answers

Answer 1

Flower, an organic cookie company, is an advocate of transparency and consumer education. They ensure customers are well-informed about the nutritional content and production process of their products.

Why is it?

By providing not only nutritional information on the packaging but also an in-depth description of the production process, Flower demonstrates a commitment to transparency in its product information.

This approach allows customers to make informed decisions about what they are consuming and promotes trust between the company and its customers. By being transparent, Flower also shows that it values honesty and integrity in its business practices.

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Related Questions

Supply chain analysis of Coca-Cola in Vietnam. And draw lessons for other bottled water companies.

Answers

Answer:

Coca Cola follows very stringent supply chain. It is one of leading beverage brand around the world.

Explanation:

Supply chain analysis is a process of evaluating different stages of supply chain from procurement of raw material to final delivery of finished goods. There are three different strategies for supply chain management, Strategic, Tactical and Operational. Coca Cola follows strategic supply chain management. McDonald's is Coca cola's largest customer and these two global companies maintains symbiotic relationship.

What is a subcontractor?
O A. A person who owns part of the company and makes executive
decisions.
B. A person who works solely with one company on a constant basis.
O C. A person who does work for another company or person as a part
of a larger job.
OD. A person who manages a company and hires all employees.
SUBMIT

Answers

Answer:

c

Explanation:

A subcontractor is a person who does services for another business or individual as a component of a bigger project. Option (C) is hence the appropriate response.

What do you meant by a  subcontractor?

An individual or, in many situations, a firm who signs a contract to carry out some or all of the requirements of another's contract is known as a subcontractor.

The primary responsibility of a subcontractor is to carry out the work for which they have been appointed by the main contractor. The subcontractor is in charge of carrying out the task according to instructions because it is frequently a specialized operation, like electrical or HVAC.

A subcontractor (or subcontractor) is a business or individual that a general contractor, prime contractor, or main contractor employs to carry out a particular duty as part of a larger project. The subcontractor is often compensated for the services they give to the project. Despite the fact that subcontracting frequently occurs in construction and civil engineering projects, the variety of opportunities for subcontractors is

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When the first place team visits another team's stadium for a game, prices for seats to that game rise. This is called
evenue pricing
argin pricing
eld management pricing
namic pricing

Answers

When the first-place team visits another team's stadium for a game, prices for seats to that game rise. This is called yield management pricing.

What do you mean by a price?

Price refers to the money that needs to be paid for acquiring any product or service.

When different seats are priced differently, it is known as yield management pricing. In simple words, it is a variable pricing strategy that is based on understanding, anticipating, and influencing consumer behavior for profit maximization.

So, when the first place team visits another team's stadium, prices for seats to that game rise is known as yield management pricing.

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elizabeth savoca estimated that for every 1 percent increase in tuition costs at a college, 2.4 percent fewer students applied to that college. this indicates that the elasticity of applying to college is:

Answers

Since every 1 percent increase in tuition cost will lead to 2.4% decrease in student enrollment, the elasticity of applying to college is 2.4

The situation can be considered as price elasticity problem.

The price elasticity of demand is a measure how sensitive the demanded quantity changes as the price changes.

In this case, the demanded quantity is the number of students applied to the college.

The price elasticity of demand is computed as:

p.e = % change of demanded quantity / % change of price

Parameters given from the problem:

% change of demanded quantity  = 2.4%

% change of price = 1%

Hence,

p.e = 2.4% / 1% = 2.4

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Carina spent a total of $5. 27 buying a pineapple for $3. 40 and some tomatoes that were on sale for $0. 85 per pound. To determine the number of pounds of tomatoes that she bought, x, Carina wrote and solved the equation as shown below. 3. 40 0. 85 x = 5. 27. 0. 85 x = 8. 67. X = 10. 2 pounds. Where, if anywhere, did Carina make an error? Carina did not make any errors. The initial equation that Carina wrote was incorrect. Carina should have subtracted 3. 40 from 5. 27. Carina should have divided 8. 67 by 0. 85.

Answers

The correct choice would be that Carina should have subtracted 3.40 from 5.27 which lead to wrong further calculation. So, the correct option from the quoted statement is B.

The calculation can be done to find the value of x after quoting the correct equation and solving by further using the simplification method.

Simplification of mathematical equation.

The computation of the amount of tomatoes can be done after assuming that the initial equation given is right.

With the given information, we can simplify further to find that,

\(3.40+0.85x = 5.27\\ \\ x= \dfrac{5.27-3.40}{0.85}\\ \\ x= 2.2\)

So, it is clear that Carina bought tomatoes worth 2.2USD

Hence, the correct choice is B, that Carina should have subtracted 3.40 from 5.27 to find the value of tomatoes bought.

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there are ___ credit reporting companies

Answers

There are 3 credit reporting companies

Who said we do not learn from our experiences we learn only on reflecting those?

Answers

John Dewey: “We do not learn from experience. We learn from reflecting on experience.”

How to learn from your past experiences?

You can explore your options and put them into action in the future if you begin reflective practice on a positive note. Improving your ability to reflect on and learn from past experiences can motivate you to explore your alternatives and solve challenges. Making a note of what happened and reflecting on your experience will help you think about what you've learned and what you could or could have done better. It's not only about making changes; reflective practice can also help you recognise when you've done something successfully. Life teaches us that we don't always get what we want right away, and that no matter how strong our time management skills are or how good we are at predicting, we still don't have control over time.

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a c corporation description

Answers

It's the most common type of corporation in the U.S. – and with good reason. C corporations (c corps) offer unlimited growth potential through the sale of stocks, which means you can attract some very wealthy investors. Plus, there is no limit to the number of shareholders a c corp can have.

Advantages of a C Corporation
There are many benefits of a c corp. Below are just a few that stand out.

Limited liability. This applies to directors, officers, shareholders, and employees.
Perpetual existence. Even if the owner leaves the company.
Enhanced credibility. Gain respect among suppliers and lenders.
Unlimited growth potential. The sky's the limit thanks to the sale of stock.
No shareholders limit. However, once the company has $10 million in assets and 500 shareholders, it is required to register with the SEC under the Securities Exchange Act of 1934.
Certain tax advantages. Enjoy tax-deductible business expenses.
Disadvantages of a C Corporation
Having unlimited growth comes with a few minor setbacks.

Double taxation. It's inevitable as revenue is taxed at the company level and again as shareholder dividends.
Expensive to start. There are a lot of fees that come with filing the Articles of Incorporation. And corporations pay fees to the state in which they operate.
Regulations and formalities. C corps experience more government oversight than other companies due to complex tax rules and the protection provided to owners from being responsible for debts, lawsuits, and other financial obligations.
No deduction of corporate losses. Unlike an s corporation (s corp), shareholders can't deduct losses on their personal tax returns. How to Form a C Corporation
Choose a legal name and reserve it, if the Secretary of State in your state does that sort of thing (not all do).
Draft and file your Articles of Incorporation with your Secretary of State.
Issue stock certificates to the initial shareholders.
Apply for a business license and other certificates specific to your industry.
File Form SS-4 or apply online at the Internal Revenue Service website to obtain an Employer Identification Number (EIN).
Apply for any other ID numbers required by state and local government agencies. Requirements vary from one jurisdiction to another, but generally your business most likely will be required to pay unemployment, disability, and other payroll taxes – you will need tax ID numbers for those accounts in addition to your EIN.

Some personal finance experts say people should try to save about 15 percent of their take-home income. True or False?

Answers

Answer:

true

Explanation:

Saving money is worth the effort. It gives you peace of mind, it gives you options, and the more you save, the easier it becomes to accumulate additional savings.

xyz insurance company gives direct authority to its producers to sell insurance through an agency contract, but nothing is stated regarding the collection of premiums. which authority grants the producer the right to collect premiums?

Answers

In the absence of specific information in the agency contract, the implied authority would grant producers the right to collect premiums

Implied authority refers to the powers that are reasonably necessary to carry out the expressly granted authority. Since XYZ Insurance Company has given direct authority to its producers to sell insurance through an agency contract, it can be inferred that the producers would also have the implied authority to collect premiums from policyholders.

The implied authority to collect premiums is a customary practice in the insurance industry. Collecting premiums is an essential part of the insurance business, as it ensures that policyholders pay for their coverage and helps maintain the financial stability of the insurer.

By granting producers the authority to sell insurance, it is generally understood that they would also have the implied authority to collect the corresponding premiums.

However, it is crucial to note that the specifics of the authority granted to producers should be clarified in the agency contract or through separate agreements to avoid any ambiguity or misunderstanding. It is always advisable for insurance companies to clearly outline the extent of authority granted to producers, including the collection of premiums, to ensure a smooth and compliant operation.

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If the price of a pencil is $1.00 and the price of a pen is $2.00, what is the relative price? If the pencil
is $1.50 and the pen is $3.002 If the pencil is $2.00 and the pen is $3.00?

Answers

If the price of a pencil is $1.00 and the price of a pen is $2.00. 3 dollars will be the relative price.

$1 + $2 = $3

A price relative is the ratio of the charge of a selected product in a single period to the rate of the identical product in a few different period. In buying power parity (PPP) comparisons a rate relative refers to the ratios of the equal product in two international locations.

The nominal price of a great is its value in phrases of cash, including bucks, French francs, or yen. The relative or actual rate is its fee in terms of some other suitable, carrier, or package of goods.

Relative-price movements convey critical facts approximately the scarcity of specific items and offerings. A growing relative charge suggests that call for is outstripping deliver (or that supply is falling at the back of call for), while a falling relative price denotes just the other.

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If an entrepreneur presents a business plan that an investor believes is deliberately vague and has provided inflated financial statements, what should that investor do?

Answers

Should the above scenario arise, the investor should:

State their concerns. Ask for more specific information.

What should the investor do?

The investor stands to make some losses if they go into this venture as there is a good chance that things will not work out. They should therefore state these concerns to the entrepreneur.

They should then ask for specific information such as market analysis and income projection methods and assumptions.

In conclusion, the investor should try to find out how the entrepreneur arrived at those figures.

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On january 1st year 1, a company issues $410,000 of 7% bonds

Answers

Answer:

The appropriate journal entries to record the bond issue on January 1, 2021, and the first two semiannual interest payments on June 30, 2021, and December 31, 2021 are:

White Water journal entries

1-Jan-21

Debit Cash $382,141

Credit Discount on Bonds Payable $27,859

($410,000-$382,141)

Credit Bonds payable  $ 410,000

30-Jun

Debit Interest Expenses $ 15,286

($382,141 x 8%/2)  

Debit Discount on Bonds Payable $736

Credit Cash $14,350

($410,000 x 7%/2)  

31-Dec

Debit Interest Expenses $15,315.08

[($382,141 + 736) x 8%/2]

Credit Discount on Bonds Payable $965.08

($15,315.08-$14,350)

Credit Cash $14,350

($410,000 x 7%/2)

yo

NEED HELP ASAP Select the correct answer.
In the following sentence, identify the sequence of the criteria based on SMART principles. Your choice of sequence should match the sequence of italicized phrases.

“Given my current skill set and educational qualifications, I wish to become an analyst with a leading credit rating firm in the next five to seven years.”

A-Time Bound, Specific, Realistic
B-Time Bound, Realistic, Specific
C-Specific, Realistic, Time Bound
D-Realistic, Specific, Time Bound

Answers

The correct sequence of the criteria based on SMART principles in the given sentence is:C - Specific, Realistic, Time Bound .Option C is correct.

SMART is an acronym that stands for Specific, Measurable, Achievable, Relevant, and Time-Bound. In the sentence provided, the italicized phrases are "analyst with a leading credit rating firm" (Specific), "given my current skill set and educational qualifications" (Realistic), and "in the next five to seven years" (Time-Bound).

Specific: The goal is clearly defined as becoming an analyst with a leading credit rating firm.Realistic: The goal is based on the person's current skill set and educational qualifications.Time Bound: The goal has a specified timeframe of five to seven years.Therefore, the correct sequence is C - Specific, Realistic, Time Bound.Option C is correct.

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do you believe thicker/ Williams violated copyright law with "blurred lines" why or why not​

Answers

Answer:

why not

Explanation:

why not yes of course nA

Fractional reserve banking means banks hold on to only a small fraction of
the deposits they receive, loaning out the rest. This type of system will fall
apart if:

Answers

Answer: if too many people ask for money, and there is not enough

Explanation:

The Great Depression was one of the biggest bank runs where too many people TRIED to withdraw their money, but if there wasn't enough money the bank owes too many people many, like the Great Depression.

You have a credit card with a nominal interest rate of 20.5%, and twelve (12) monthly payments per year. What is the effective annual interest rate (EAR) on the credit card?

Answers

The effective annual interest rate (EAR) on the credit card is 22.31%.

A credit card has a nominal interest rate of 20.5%, and twelve (12) monthly payments per year.

Nominal interest rate (r) = 20.5%

Monthly payments (m) = 12

Effective annual interest rate (EAR) formula:

EAR = (1 + r/m)m - 1

Substitute the values in the formula;

EAR = (1 + 20.5%/12)^12 - 1

EAR = (1 + 0.017083)^12 - 1

EAR = (1.017083)^12 - 1

EAR = 0.2231 or 22.31%

Hence, the effective annual interest rate (EAR) on the credit card is 22.31%.

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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy

Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.

Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:

Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:

What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?

Answers

1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.  

Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.

2. The real return on my investment in Amazon.com Inc was a net loss of  7.12% or $667.60.

3. The company I selected to buy its stock three years ago was Amazon.com Inc.

4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.

5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.

6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.

What is the stock investment?

Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.

The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).

Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)

Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)

Tax (10%) = $1,024.40 ($10,244 x 10%)

Inflation (3%) = $307.32 ($10,244 x 3%)

Administration fee on sales (2%) = $204.88 ($10,244 x 2%)

Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)

Loss on returns = $667.60 ($8,707.40 - $9,375)

Loss percentage = 7.12% ($667.60/$9,375 x 100)

Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.

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Condensed data from the comparative statement of financial
position (SFP) of Cullumber Inc. follow:
2020
2019
2018
Current assets
$120,000
$80,000
$100,000
Non-current assets
398,000
359,000
308,000
C

Answers

The information provided is limited to the asset side of the SFP, and the statement would typically include liabilities and equity as well to provide a complete picture of the company's financial position. Based on the condensed data provided from the comparative statement of financial position (SFP) of Cullumber Inc., here is a breakdown of the current and non-current assets for the years 2018, 2019, and 2020:

Current Assets:

2020: $120,000

2019: $80,000

2018: $100,000

Non-Current Assets:

2020: $398,000

2019: $359,000

2018: $308,000

These figures represent the balances of current assets and non-current assets for each respective year. Current assets typically include assets that are expected to be converted into cash or used up within one year, such as cash, accounts receivable, and inventory. Non-current assets, also known as long-term assets, are expected to be held by the company for more than one year, such as property, plant, and equipment, investments, and intangible assets.

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Graphical information can be useful in
a.
Math only
c.
Science only
b.
Social Studies only
d.
All subjects

Answers

Answer:

d all subjects

Explanation:

think its right sorry if its wrong

The answer fam is..........D) All subjects

Mary invested $200 for 3 years at 5% per annum. John invested $300
at the same rate. If they both received the same amount of money in
simple interest, for how many years did John invest his money?​

a. 1 1/2
b. 2
c. 3
d. 10

Answers

Answer:

b. 2

Explanation:

Simple interest is calculated using the formula

I = p x r x t

Where p= principal amount

r= interest rate

t= time in years

Mary invested $200, at 5% for three years. She earned a simple interest of;

I= $200 x 5/100 x 3

=$200 x 0.05 x 3

=$30

If John received the same amounts, It means

$30= $300 x 0.05 x t

$30 = $15t

t= $30/$15

t=2

Time is 2 years

your operations and management plan defines the question 8 options: daily logistics involved in running your business. job description of every employee. banking guidelines of the business. partnership organization of the business

Answers

Operations and management plan defines the daily logistics involved in running the business, including job descriptions of employees and the partnership organization.

Regarding daily logistics, the plan outlines the operational processes, workflows, and procedures necessary for the smooth functioning of the business on a day-to-day basis. The job descriptions of every employee are detailed within the plan, specifying their roles, responsibilities, required skills, and reporting relationships. This ensures clarity and alignment among team members, facilitating effective coordination and performance management. Banking guidelines are included in the plan to outline financial practices, such as account management, cash flow management, expense tracking, payment processing, and financial reporting. These guidelines ensure compliance, efficiency, and effective utilization of financial resources. By addressing these aspects in the operations and management plan, businesses can establish a solid foundation, streamline operations, enhance accountability, and foster effective collaboration among team members and partners.

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What is the product 0.3 × 8.7? please help me

Answers

Answer:

2.61

Explanation:

the answer is 2.61 because if you multiply it will be 2.61

You are given the following information for Oak Hotel.
Price per Room $127
Rooms Rented 86
Variable Costs per Room $53
Fixed Costs $2,268
Do not enter dollar signs or commas in the input boxes.
Round all answers to the nearest whole number.
Calculate the income from operations.

Answers

To calculate the income from operations, we need to subtract the total variable costs and fixed costs from the total revenue.

Total Revenue = Price per Room * Rooms Rented

Total Variable Costs = Variable Costs per Room * Rooms Rented

Income from Operations = Total Revenue - Total Variable Costs - Fixed Costs

Plugging in the given values, we have:

Total Revenue = $127 * 86 = $10,922

Total Variable Costs = $53 * 86 = $4,558

Income from Operations = $10,922 - $4,558 - $2,268 = $4,096

Therefore, the income from operations for Oak Hotel is $4,096.

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If several efforts between a manager and an employee for reducing resistance to change fail to allay employee fears, a manager might take him- or herself out of the process and try this. A. facilitation and support B. negotiation between parties C. manipulation D. participation

Answers

Answer:

A) facilitation and support

Explanation:

Explanation: Since the manager wants to remove him- or herself from the process, “participation,” “manipulation,” and “negotiation” are incorrect choices as they involve contact between the manager and the employee. The only choice that can take the manager out of the process completely is “facilitation and support,” which can allow a counselor to deal with the fearful employee, so that is the correct response

Using the data below, create the project schedule using normal times. Determine the order in which you would crash the project one day, two days, and so on until it is in an all crash mode. Identify how much it would cost for each day you crash the schedule. (IN DETAILS PLEASE)
Activity
Predecessor
Normal time
Normal cost
Crash time
Crash cost
crash cost per day
A
-
12
200
9
350
B
A
8
300
8
300
C
A
9
250
7
450
D
B
6
400
5
600
E
B,C
5
150
4
225
F
C
10
500
9
650
G
D,E,F
8
400
6
900

Answers

The order in which to crash the project would be to first crash activity G, followed by activity D, and finally activity C.

Project schedule

To create the project schedule using normal times, we'll start by listing the activities in the order in which they need to be completed, taking into account any dependencies specified by the predecessors.

Then, we'll calculate the total time and cost for the project based on the normal durations and costs provided. After that, we'll determine the order in which to crash the project and calculate the additional cost for each day the project is crashed. Let's go step by step:

Create the project network diagram:

     A (12, 900 / $3, 500)

    / \

   B   C (9, 250 / $7, 450)

  / \  

 E   D

(5, 150 / $4, 225)

  \  

   F  

(10, 500 / $9, 650)

        \  

    G (8, 400 / $6, 900)

Calculate the earliest start and finish times:

Starting with the first activity (A), the earliest start time is 0, and the earliest finish time is the normal time for A (12 days). Moving to the next activities, we calculate the earliest start and finish times based on the earliest finish time of their predecessors.

Activity | Early Start | Early Finish

-------------------------------------

A        | 0           | 12

B        | 12          | 21

C        | 12          | 21

D        | 21          | 27

E        | 21          | 26

F        | 27          | 37

G        | 37          | 45

Calculate the latest start and finish times:

Starting with the last activity (G), the latest finish time is equal to its early finish time (45 days). Moving backward, we calculate the latest start and finish times based on the latest finish time of their successors.

Activity | Late Start | Late Finish

----------------------------------

G        | 45         | 45

F        | 35         | 45

E        | 16         | 26

D        | 20         | 27

C        | 11         | 21

B        | 0          | 9

A        | 0          | 12

Calculate the total project time:

The project time is equal to the early finish time of the last activity (G), which is 45 days.

Calculate the total project cost:

The total project cost is the sum of the normal costs for each activity.

Total project cost = Normal cost(A) + Normal cost(B) + Normal cost(C) + Normal cost(D) + Normal cost(E) + Normal cost(F) + Normal cost(G)  

= $3,500 + $8,300 + $7,450 + $5,600 + $4,225 + $9,650 + $6,900

= $45,625

Now, let's determine the order in which to crash the project and calculate the additional cost for each day the project is crashed:

Determine the critical path:

The critical path is the longest path through the project network diagram, which determines the minimum project duration. Activities on the critical path have zero slack or float.

Critical path: A -> C -> D -> G

Determine the crashable activities on the critical path:

Crashable activities are those with both a normal time and a crash time. In this case, the crashable activities on the critical path are C, D, and G.

Determine the maximum time reduction for each activity:

The maximum time reduction

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ariffs
________ are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products.

Answers

Tariffs are taxes on imported goods, designed to give domestic competitors an advantage in the marketplace by making foreign competitors' goods more expensive than their own products. They are used as a tool to protect domestic industries and prevent foreign companies from taking over a domestic market.

The tariff is a tax levied on imported goods, which can raise the price of the imported item. Tariffs can make it more difficult for foreign companies to sell their goods in a particular market by making them more expensive than domestic products.

Tariffs are used to protect domestic industries from foreign competition and to increase government revenues. They are often implemented in order to protect the interests of domestic industries, but can also be used for political purposes such as retaliating against other countries for their trade policies.

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For a Sailor with a Significant Problems (SP) evaluation, what information must be entered on a C-WAY application?

Answers

For an assessment of a Sailor with Significant Problems (SP), Information about being ineligible must be submitted on a C-WAY application.

The top-performing Sailors can be connected to job requirements in the people inventory using the Career Waypoints (C-WAY) system, a corporate IT system. It operates as a service continuum system and is recognised as a long-term force managed service, balancing manning across rates, ratings, Active Component (AC), Full Time Support (FTS), and Reserve Component. The Bureau of Naval Personnel (BUPERS) has control over the reenlistment and enlistment contract extension quotas (RC). applicable to Sailors E3 through E6 who request permission to reenlist or complete a STE when appropriate and who have less than 14 years of active duty between their Active Duty Service Date (ADSD) and Expiration of Active Obligated Service as Extended (SEAOS).

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A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%

Answers

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= \(\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}\)

On substituting the given values, we get

= \(\frac{800}{50,000}\)

= \(0.016\)

i.e.,

= \(1.60 \ percent\)

Additional Algo 11-6 Holding Cost per Unit A company usually holds 340 pounds of wax in its warehouse. The company uses 42 pounds of wax per day and it takes 5 days for wax purchased from the supplier to arrive. The holding cost for wax is $0.28 per pound per day. What is the company's average holding cost (per pound for wax)? Note: Round your answer to 2 decimal places.

Answers

The company's average holding cost per pound for wax is approximately $0.17.

To calculate the company's average holding cost per pound for wax, we need to consider the amount of wax held in the warehouse and the cost incurred for holding it over a specific period.

The company usually holds 340 pounds of wax in its warehouse. This means that, on average, there are 340 pounds of wax present in the warehouse at any given time.

The company uses 42 pounds of wax per day. This represents the rate at which wax is consumed or used by the company.

The lead time for wax purchased from the supplier is 5 days. This is the time it takes for the wax to be delivered to the company after it has been ordered.

To calculate the average amount of wax held in the warehouse, we can use the lead time demand formula: Average amount of wax held = Usage rate * Lead time.

Using the given values, the average amount of wax held in the warehouse is calculated as follows: Average amount of wax held = 42 pounds/day * 5 days = 210 pounds.

Now that we know the average amount of wax held in the warehouse, we can calculate the average holding cost per pound of wax. The holding cost is given as $0.28 per pound per day.

To find the total holding cost, we multiply the average amount of wax held (210 pounds) by the holding cost per pound per day ($0.28): Total holding cost = 210 pounds * $0.28/pound/day = $58.80.

Finally, to determine the average holding cost per pound for wax, we divide the total holding cost by the total quantity of wax (340 pounds): Average holding cost per pound = $58.80 / 340 pounds ≈ $0.1735.

Therefore, the company's average holding cost per pound for wax is approximately $0.17. This cost represents the expense incurred by the company for holding each pound of wax in its warehouse for a specific period, taking into account the consumption rate and lead time.

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