How much should healthcare executives know about finance and accounting?

Answers

Answer 1

Understanding accounting principles, financial regulations, and the healthcare industry's financial landscape is critical to making sound financial decisions that benefit patients and the organization.

Healthcare executives, specifically those who manage finances, must have a comprehensive knowledge of finance and accounting principles. Healthcare executives must know how to manage money and ensure the company's financial stability. They need to have a working knowledge of accounting principles, the healthcare industry's regulatory landscape, and how to make sound financial decisions when running a healthcare facility.

The majority of healthcare executives should have a basic understanding of financial concepts and accounting principles. They must understand accounting concepts such as profit and loss statements, balance sheets, and cash flow statements. They must also have a solid understanding of the healthcare industry's financial landscape, including regulatory guidelines.

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Related Questions

Homedwrer's Drductible And Lew Auto Deductibie Is O. 07, (Po Of Ail Such Irdivisuals). Mial Deạuctimle Torseemer's

Answers

The mail deductible for the homeowner is $0.07 (7% of all such individuals).

How is the homeowner's mail deductible calculated?

The homeowner's mail deductible is calculated as 7% of the total value of all such individuals.

This means that if the homeowner is part of a group of individuals eligible for mail deductions, their deductible amount will be 7% of the total value.

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How much is it to start a buissness?

Answers

Depending on what business

Answer:the average cot to start a business is 30,000

Explanation:

Which are major situational considerations or variables in determining whether or not to involve a group in the decision-making process? Select all that apply. Complexity of the problem Time constraints Organizational complexity Availability of information

Answers

Answer:

The correct answer will be Option B "Organizational complexity ".

Explanation:

A Complex organization does indeed have a broader organizational structure or even more personnel in each group, mission, or team. Complexity can sometimes be susceptible to multiple actors, various organizational structures, as well as different service will be produced that would need to be implemented.

The other given choices are not related to the given scenario. So that the above would be the appropriate choice.

You bought 100 shares of INTC for $80 using 69% initial margin. You just sold the stocks for $60. What is the return on your invested capital? Ignore any transaction costs and interest charged. Answer in \%.

Answers

The return on the invested capital, considering the sale of 100 shares of INTC at $60 each, with an initial margin of 69%, is a loss of 92.03%.

The initial margin of 69% means that you initially borrowed 31% of the total investment amount. To calculate the return on invested capital, we need to consider the total amount invested and the amount received from the sale of the stocks.

The total amount invested is calculated by multiplying the number of shares (100) by the purchase price ($80), which equals $8,000. Since you used 69% initial margin, you initially contributed 31% of the total amount, which is $2,480 (69% of $8,000).

The amount received from the sale of the stocks is calculated by multiplying the number of shares (100) by the selling price ($60), which equals $6,000.

To determine the return on invested capital, we subtract the amount received from the sale ($6,000) from the total amount invested ($8,000) and divide the result by the total amount invested. Finally, we multiply by 100 to express the result as a percentage.

Return on invested capital = (($6,000 - $8,000) / $8,000) * 100 = ($-2,000 / $8,000) * 100 = -25%.

Therefore, the return on your invested capital is a loss of 25%. However, to determine the percentage return on your initially contributed capital, we need to divide the loss by the initially contributed amount.

Percentage return on initially contributed capital = ($-2,000 / $2,480) * 100 = -80.65%.

Hence, the return on your initially contributed capital, considering the sale of the stocks at $60, with a 69% initial margin, is a loss of approximately 80.65%.

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what hint does captain beatty say he sent to montag that he must not have picked up on?

Answers

Captain Beatty tells Montag that he had sent him a hint not to become so invested in books.

He says he had suggested Montag go out and do something else, but Montag has not taken the hint. Beatty claims he had been sending him messages through the other firemen that were meant to be warnings. Beatty believes Montag has been oblivious to the messages he has been sending, as he is focused on his interest in books.

Beatty suggests that because of Montag's lack of attention, he failed to realize that he was being warned away from books. Beatty believes Montag’s curiosity has made him blind to the dangers of reading books, and that this is why he has not picked up on the hints he has been sending him.

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A call option on the stock of Bedrock Boulders has a market price of \( \$ 7 \). The stock sells for \( \$ 29 \) a share, and the option has a strike price of \$25 a share. Round your answers to the n

Answers

Given: Market price of call option = $7 Stock sells for $29 a share Strike price of call option = $25 a share To calculate the intrinsic value of the call option, we need to use the formula as given below: Intrinsic value of a call option = (Price of underlying asset .

Strike price of call option)Intrinsic value of a call option = (29 - 25)

= $4Now, to calculate the time value of a call option, we will use the formula as given below: Time value of a call option = Market price of call option - Intrinsic value of a call option

Time value of a call option = 7 - 4

= $3Therefore, the intrinsic value of the call option is $4 and the time value of the call option is $3. Answer: Intrinsic value of the call option

= $4 and the time value of the call option

= $3.

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please please.pleas help me

What are the advantages and disadvantages of consulting

NO LINKS!!!​

Answers

Answer:

Advantages of Being a Consultant:

You can learn many skills

Consulting allows you to build a powerful network

You get responsible tasks from the beginning

Perfect if you like to travel

You learn to work with the latest technologies

You can work in project teams

Consulting allows you to see many new things

You can work with many clients

Continuous training

You can work with other motivated people in consulting

Consulting teams support each other

You work on demanding projects

Good for your CV

You learn how to deal with stress

Consultants can earn pretty good money

Great exit options

You can work on many projects

Consulting never gets boring

Explanation:

Disadvantages of Being a Consultant:

Pressure in consulting can be high

Strict deadlines are a problem

You will be pushed to your boundaries

Consulting can imply working long hours

You may be away from home during the week

Being a consultant can be lonely

Some people develop mental issues

No real work-life balance

Problematic in case you have children

You have to represent the company

Many of your colleagues will leave

Insecurity regarding what comes next

Great swings in workload

Unsatisfying outcomes

Success greatly depends on the project manager

Which customer service client is external to an organization?

department manager
consumer
CFO
sales representative
TIMEDD TEST

Answers

Answer: sale representative

Explanation:

Compared to the C corporation, the limited liability company is an attractive form of business ownership because a limited liability company ________.

Answers

A limited liability company(LLC) does not require the firm to hold annual meetings and it can avoid double taxation. Therefore, it is an attractive form of business ownership in comparison to C corporation.

Which is better LLC or C Corp?

LLCs are taken into consideration as pass-thru entities for the cause of US taxation; they do not record taxes of their personal right, however, have their earnings mentioned in the non-public earnings tax returns of their owners. C groups record their personal tax returns.

Thus, the correct fill-in-the-blank is a limited liability company that does not require the firm to hold annual meetings and it can avoid double taxation.

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Which of the following statements about the recognition of a prior service cost related to a postretirement obligation is correct?
a. The prior service amount is recognized in the income statement in the current period.
b. The prior service cost is recognized in the income statement net of tax.
c. Restatement of previously issued annual financial statements is required.
d. The prior service cost amount affects comprehensive income in the current period.

Answers

The correct answer is a.Prior service cost is a component of postretirement benefit plan accounting.

It is defined as the increase in the present value of postretirement benefits that is caused by the introduction of, or changes to, a postretirement benefit plan. For example, if a company decides to increase the healthcare benefits offered to its retired employees, it will result in an increase in the present value of the plan's obligations, and this increase is referred to as prior service cost.When prior service cost is recognized, it is recognized in the income statement in the current period, as an expense. It is reported separately from the other components of net periodic pension cost. The amount recognized is the excess of the year's increase in the projected benefit obligation over the year's service cost.The recognition of prior service cost does not require the restatement of previously issued annual financial statements.

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Jim Corporation pays its cumulative preferred stockholders $2.50 per share. Jim has 30,000 shares of preferred and 70,000 shares of common. In 2018, 2019, and 2020, due to slowdowns in the economy, Jim paid no dividends. Now in 2021, the board of directors decided to pay out $640,000 in dividends. How much of the $640,000 does each class of stock receive as dividends?

Answers

Dividends payable in 2021 to preferred stock are $75,000 ($2.50 x 30,000) and to ordinary stock are $565,000 ($640,000 - $75,000).

Due to the cumulative nature of the preferred shares, all unpaid dividends from prior years must be paid before common investors may receive any dividends.

The following formula can be used to determine the total dividend paid to preferred stockholders:

Total dividends paid out to preferred stockholders are calculated as follows: (Number of preferred shares multiplied by dividend per share) + (Amount of accumulated unpaid dividends) = (30,000 x $2.50) + (3 x $2.50 x 30,000) = $75,000 + $225,000 = $300,000.

The remaining $340,000 is eligible for distribution to holders of common stock.

Hence, each preferred stock will get $10 ($300,000 divided by 30,000 shares), and each ordinary share will receive $4.86 ($340,000 divided by 70,000 shares).

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can someone help me with this please.

Answers

There’s no image I think u forgot to insert it

Answer:

sure

Explanation:

no image

briefly describe what is meant by the organizational structure and explain any three examples of organizational structure used by businesses​

Answers

Explanation:

Organizational structure : Framework for managers which shows the division of responsibilities and roles played by each stakeholder

Examples :How the business carries it self

: Does the business have ethical issues

: Does the business have a code of conduct

True/False: sourcing from multiple suppliers is used to ensure a degree of competition among suppliers and guarantee the possibility of a backup if a source fails to deliver.

Answers

True. Sourcing from multiple suppliers is a common strategy used by many businesses to ensure a degree of competition among suppliers and guarantee the possibility of a backup if a source fails to deliver. By having multiple suppliers, businesses can benefit from increased bargaining power and potentially secure better pricing and terms.

Additionally, having multiple sources for critical goods and services can help mitigate the risk of disruptions to the supply chain, which can be especially important in industries with long lead times or high demand volatility. Overall, sourcing from multiple suppliers can provide businesses with greater flexibility and resilience in the face of unexpected events or changes in market conditions, making it a valuable strategy for many organizations.
True, sourcing from multiple suppliers is a strategy used to ensure a degree of competition among suppliers and guarantee the possibility of a backup if a source fails to deliver. By engaging multiple suppliers, companies can foster a competitive environment that may lead to better pricing, quality, and service. This competitive pressure encourages suppliers to improve their performance to retain the business of their clients.

Additionally, having multiple suppliers provides a safety net for companies in case one supplier fails to deliver, experiences production issues, or faces other unforeseen circumstances. This backup helps to reduce supply chain risks and maintain business continuity. In conclusion, sourcing from multiple suppliers is an effective approach to promoting competition among suppliers and safeguarding against potential disruptions in the supply chain.

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In what three ways does the government affect production of goods and services in the US economy?

Answers

Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services

Tonya is considering leaving work early to go to a baseball game. A ticket costs $30, and it costs $5 to park at the stadium. Tonya will miss 3 hours of work, where she is paid $20 an hour. What is Tonya's total explicit cost of going to the game?

Answers

Answer:

$95

Explanation:

UwU

Aj’s candles has a monthly fix costs of 5,500 and average variable costs of 2.50. Demand for its specialist or candles averages 5,000 units per month. The average unit price is $5. The firm has capacity to produce and sell 7,000 candles per month calculate the average costs for AJs candles per month

Answers

The current level of demand is 2,500 candles per month, with fixed expenses of $4,000 and variable costs of $3 per candle. $6 is the average price per candle.

What does "average variable cost" mean?In economics, the average variable cost is the term used to describe the variable cost per unit. One can determine the average variable cost by dividing the total variable cost by the output.The average variable cost is used by the businesses to determine whether to stop short-term manufacturing.The combination of variable costs and total output produced is known as the average variable cost (AVC). Average total cost is calculated by dividing the entire cost by the total amount of things produced (ATC).The additional cost incurred when producing one additional unit of output is known as the marginal cost (MC).

A. Rent, machine are used as fixed cost of production.

B. Current level of demand / (Fixed costs + Variable costs) equals the current average cost.

Average cost at this time = [$4,000 + (2,500 x $3)] / 2,500

Cost per unit at this time = [$4,000 + $7,500] / 2,500

Average price today is $4.6.

C. Fixed costs plus variable costs equal the total cost of production.

Production costs as a whole equal [$4,000 + (2,500 x $3)]

$11,500 is the total cost of production.

D. Profit = (3,000 x $6) -  [$4,000 + (3,000 x $3)]

Profit = $18,000 -  [$4,000 + $9,000]

Profit = $5,000

The complete question is:

Johnson's Candles has fixed costs of $4000 each month. Its average variable costs

are $3 per candle. The firm's current level of demand is 2500 candles per month.

The average price of its candles is $6.

a) Using an example, explain what is meant by a fixed cost of production.

b) Calculate the firm's current average costs.

c) Calculate the firm's current total costs of production each month.

d) Calculate the profit if demand increases to 3000 candles per month.

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If Assets are $ 5,000 and Liabilities are $ 3,000, what is Owner’s Equity?

Answers

Answer:$2,000

Explanation:

Owner's equity = all of the assets - all of the liabilities

$5,000-$3,000=$2,000


Analyse why a commercial bank may prefer to sell its services in foreign countries rather
than its home country.

Answers

Answer:

They'll make more business and money.

Explanation:

They will sell their country's services to them since they don't have their services in that country.

when comparing unequal-life alternatives by the aw method, it is not necessary to compare them (T/F)

Answers

True. When comparing unequal-life alternatives using the Annual Worth (AW) method, it is not necessary to compare them directly. This approach ensures an unbiased evaluation that considers the costs and benefits of each alternative over their respective lifetimes.

The AW method allows for a fair comparison of alternatives with different project lifetimes by converting their costs and benefits into an equivalent annual worth. Here's a step-by-step explanation:
1. Identify the alternatives: List out the projects or investments you want to compare, along with their respective costs, benefits, and lifetimes.
2. Determine the interest rate: Choose an appropriate interest rate to use for converting costs and benefits into annual worth. This rate should reflect the time value of money and the risk associated with the investment.
3. Calculate the AW for each alternative: For each project, calculate the present worth of costs (PWC) and the present worth of benefits (PWB). Then, calculate the AW by dividing the difference between PWB and PWC by the capital recovery factor (CRF), which depends on the project's lifetime and interest rate.
4. Compare the AW values: Compare the AW values for each alternative. The alternative with the highest AW value is the most economically attractive choice.

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the economy begins at full employment and the cnsumers begin spending a smaller portion of their incomes this would lead to

Answers

If consumers begin spending a smaller portion of their incomes while the economy is at full employment, this would likely lead to a decrease in aggregate demand.

When consumers spend less, it directly affects the consumption component of aggregate demand, which is one of the key drivers of economic activity. A decrease in consumer spending can have ripple effects throughout the economy. The decrease in aggregate demand can lead to several potential outcomes: Reduced business revenues: With lower consumer spending, businesses may experience a decline in sales and revenues, which can affect their profitability and potentially lead to cost-cutting measures such as layoffs or reduced investment. Decreased production and employment: If businesses face reduced demand for their goods and services, they may scale back production, leading to lower employment levels. This can result in a rise in unemployment and reduced income for workers. Slowdown in economic growth: Reduced consumer spending can contribute to an overall slowdown in economic growth, as it affects multiple sectors and reduces the overall level of economic activity. Potential deflationary pressures: If the decrease in consumer spending persists and businesses struggle to sell their goods and services, it can lead to a decrease in prices (deflation) as companies may engage in price reductions to stimulate demand. Policymakers may respond to this situation by implementing measures to stimulate consumer spending, such as fiscal policies (tax cuts, increased government spending) or monetary policies (lowering interest rates) to boost aggregate demand and support economic activity.

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Which of the following is your highest priority action for ensuring overall safety during medication administration?
1. Have another nurse check the dose you will give
2. Teach the patient about possible adverse effects
3. Identify the patient by two acceptable methods
4. Confirm that the patient can swallow adequately

Answers

Out of the four options given, identifying the patient by two acceptable methods is the highest priority action for ensuring overall safety during medication administration.

What is medication administration? Medication administration is a vital part of the nursing process. Nurses' responsibility in medication administration includes verifying medication orders, ensuring safe medication administration, and assessing the patient's response to the medication. This process is designed to avoid medication errors and patient injury. The priority action for ensuring overall safety during medication administration is to identify the patient by two acceptable methods before providing any medication.

Identifying the patient by two acceptable methods helps to ensure the correct medication is administered to the right patient. These methods may include asking the patient to state their name, date of birth, or providing a wristband with the patient's name and date of birth. The other options, such as having another nurse check the dose you will give, teaching the patient about possible adverse effects, or confirming that the patient can swallow adequately, are

all important but not the highest priority for ensuring overall safety during medication administration.

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GRUBHUB PERKS GIVE YOU DEALS ON THE FOOD YOU LOVE
THE KIND OF DEALS THAT MAKE YOU B O O G I E
DO DO DO DO TU TU TU TU
DO DO TU TUG UT UTURUWEUG
DOVRIOGJGHIJRG
DO
DO
DO
GET THE FOOD YOU LOVE i cant even finish it

Answers

ARNT YOU KOOOOOOL!we live to hear itttt

Answer:

Grubhub perks give you deals on the food you love.

The kind of deals that make you boogie.

[music]

Purple guy: *bites borger and dances*

Sushi guys: *appear and eat the sushi*

Sallad girl: *eats salad and stands up*

Milkshake girl: *does the splits and sluprs milkshake*

Everyone: *dances all at once*

camera moves to purple guy and shows him dancing

[music stops] camera changes to house and kid looks at purple guy

purple guy: points at kid

kid: says huh and blinks

[music starts again]

Kid: *dancing*

Get the food you love with perks *doorbell rings* from Grubhub!

Grub what you love

Explanation:

Jason is an ancient history lover. He wants to share his knowledge on social media, but he does not think that video platform will work well since he cannot afford to travel to many of the places that have the ruins he wants to share information about. What would be the best social media platform to provide information show pictures of these places?

Answers

The best social media platform where Jason can share his knowledge and provide information and show pictures of these places is where common people and his friends near and all over can connect with him and can be friends with him on that networking site.

What is social media?

Social media refers to the means of interactions among people in which they create, share, and/or exchange information and ideas in virtual communities and networks. We offer an array of tools, including one-on-one consults with schools, departments and offices looking to form or maintain an existing social media presence to discuss social media goals and strategy, as well as offer insights and ideas.

Before creating any social media account, we must submit the Account Request Form.

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PLEASE HELP PLEASE N THANK YOU .

Your friend Marco loves being on his phone and interacting on social media. He knows that you are studying different careers and asks you what kinds of careers he might consider that would allow him to learn more about communications. You know that advances in telecommunication are always being introduced, and in the future more and more people will be needed in the Energy cluster to design, create, advertise, and sell new ways of communicating. List two careers that he could pursue along the telecommunication pathway. What kind of skills or talents would he need in these two careers? How could he gain the talents or skills to succeed in these two careers?

Answers

For Marco, two prospective career paths along the telecommunication avenue stand out more than the rest—Telecommunications Engineer and Digital Marketing Specialist.

How should Marco make his choice?

If Marco chooses to pursue the former role, problem-solving aptitude, programming savviness, circuit scheme competency, and grasping of transmission conduction would be essential.

Therefore it is strongly recommended that he accumulate specific qualifications in either electrical engineering, computer science, or telecommunications engineering as preparation.

As for becoming a Digital Marketing Expert, epitomes of communicability, originality, and nimbleness when being apprised regarding current digital promotion resources coupled with the capacity to assay data analytically should be implemented.

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In what month does the fafsa become available for the following year and when is the best time to submit it?.

Answers

Please submit your application before February 1, 2023, for priority consideration for FAFSA.

Applications are accepted up until midnight Central time on April 1, 2023. Please submit your application before December 1, 2022, for priority consideration.

What month of the year is the FAFSA available?

When should I finish the FAFSA application? Every year on October 1st, the government releases a new version of the form. Each year that you attend school, a new FAFSA must be filled out. Make sure to complete your new forms online so you can simply make changes rather than starting over with your application.

FAFSA: Current and prospective college students in the United States must fill out the Free Application for Federal Student Aid in order to determine their eligibility for financial aid. The CSS Profile, which some universities also demand, is distinct from the FAFSA.

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I'm a Senior high school student with the interest of learning in investments. As a beginner, what should I learn first or what topics should I study about? Any tips about investing?​

Answers

Answer:

Explanation:

As an investor myself I believe that there are three main things that beginners should learn. The first one is learning to diversify and manage risk. It is important to understand that holding all your money in a single investment is never a smart idea regardless of how safe it may be. Secondly, would be learn the power of compound interest. Compound Interest is one of the most powerful tools/options an investor can focus on. Lastly, would be to have patience, know how to control your emotions, and wait for the right moment to act.

Rule-of-thumb budgeting is budgeting that's popular with the hospitality and tourism industry because it's so effective.
true
or
false

Answers

I think the answer is false

:):):):):):):)

PLEASE HELP ME!!!!! I need to know the best ways to make a small business known. I just started a small Scentsy® business with my mom. I don't do social media and my moms is mainly her private friends even though it is public.

Answers

Answer:

Buy ads and get social media

Explanation:

2. Suppose that there are five different lemonade stands in the same neighborhood. Explain
how the lemonade stands meet most of the conditions of perfect competition

Answers

Answer:

Eventually prices will equalize at all five lemonade stands.

Explanation:

Perfect competition is accomplished when, in an appropriate business, all firms have identical price arrangements and there is an adequately substantial amount of these same firms so that the production arrangement of any one firm has no obvious influence on the cost at which it commodity is marketed.

The lemonade made are similar in taste, thus they are identical products. Thus, if a lemonade seller increases the price of their good, buyers can patronise another lemonade seller. As a result, the price of lemonades would be the same among the five sellers.

Also, there is little or no barriers to entry for lemonade sellers.

A perfect competition is a market were there are numerous buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.

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1315) Imagine some DEQ: y'=f(x,y), which is not given in this exercise.Use Euler integration to determine the next values of x and y, given the current values: x=2, y=8 and y'=9. The step size is delta_X= 5. 2 answersRefer to the LT table. f(t)=6. Determine tNum,a,b and n. 4 answers Schramm and Shannon-Weaver model differences What is 130/3 rounded to the nearest whole number Maya made $289 for 17 hours of work.At the same rate, how many hours would she have to work to make $85? A machine with a cost of \( \$ 72,158.00 \) has an estimated residual value of \( \$ 5,715.00 \) and an estimated life of 7 years or 19,974 hours. It is to be depreclated by the units-of-output method Can you show work for 5.8/4, the answer is 1.45 I just need the work. The force exerted by an electric charge at the origin on a charged particle at the point (2, y, z) with position Kr vector r = (x, y, z) is F() = where K is constant. Assume K = 20. Find the work done Find the one plural or possessive error. Select it and type it correctly. Cornelius Vanderbilt was one of the richest Americans in history. The famous businessmans fortune was made in railroads and shipping. North Carolina had about 100,000 slaves in 1790. How many of these would count toward the state's representation in Congress?i know no one will answer but heck worth a shot as of today, what is the net worth of your parents' investments, including real estate (not your parents' home)? help me im at school before my teacher comes Given the following geometric sequence, find the 12th term: {2, -4, 8, ...}.-409620484096-2048 If a metabolic reaction in your body required 13 steps, how many enzymes would it require?a.6 enzymes.b.13 enzymes.c.More than 20 enzymes.d.There is no way to be sure. Triangle ABC is similar to triangle DEF. What is AC? An athletic trainer uses 50 inches of athletic tape on an ankle how many angels can be taken with a 2000 cm roll of tape When you apply for most jobs requiring skills and experience, you need to send a resume and a short introduction letter which explains why you would be a good candidate for that specific position.Write a cover letter for a job that you are interested in. Include the job posting/description with your response, and be sure to respond to specifics of the ad. Just have fun making something professional, and make it of appropriate length! a bottle of wine costs $20. if the wine is $5 more than the bottle, how much is the bottle? Match each label below with the appropriate term. Note: there may be more than one correct answer.A Lewis diagram: two atoms of upper C l connected by a single bond. Both atoms have two electrons above, below, and to the outside of the pair. Arrow a points to the bond; arrow b to the electron dots below the left atom. A second diagram shows upper O single bonded to upper H to the left and below, with two electron dots above and to the right. Arrows c point to each of the bonds.anonbonding electronssigma bondrepresents two electronsbnonbonding electronssigma bondrepresents core electronscnonbonding electronsbonding electronssigma bond Select the word that the relative clause modifies.The bell, which is inconsistent in volume, rang shrilly and loudly today. A positive development for public, private, and hybrid cloud computing environments is the emerging ability of IT systems to manage themselves and adapt to changes in the computing environment, business policies, and operating objectives. This ability is known as _____.