interest rate risk is the risk that results from the changes in interest rates that impact bond prices. true false
Answers
The given statement "interest rate risk is the risk that results from the changes in interest rates that impact bond prices." is true.
What is interest rate ?The amount that the lender charges the borrower over and beyond the principal amount is referred to as the interest rate. A person who deposits money in a bank or other financial institution also earns additional income in terms of the recipient, known as interest, taking into account the time value of money.
Higher interest rates make borrowing money more expensive and encourage people to save money. That often means that consumers will spend less money. Prices of products and services rise more slowly when overall consumer spending is lower. A lower inflation rate results from slower price increases.
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recently, job m759 was completed. it required 60 machine-hours. the amount of overhead applied to job m759 is closest to:
Answers
Beat Company utilizes a job-order costing system with a single, predetermined plant-wide overhead rate based on machine hours. The amount of overhead applied to the Job M759 is hence closest to 750.
What is called overhead rate?The overhead rate is the proportion of a company's indirect costs, such as rent and other administrative expenses, to its direct costs, sales, or other inputs, such as machine hours. It demonstrates to owners and managers of companies how much more expensive indirect costs are than, for example, direct manufacturing costs or gross sales.
A few examples of overhead expenses are rent and utilities, business permits, accounting fees, advertising charges, and payroll. Costs that are fixed cost, variable, or semi-variable are the three different categories of overhead. An overhead percentage of no more than 35% of total revenue is thought to be favorable in a well-performing company.
Given:
POHR=MOH/allocation base
Applied= POHR × actual hours
344,000+(3.9×40,000)/40,000=12.5
12.5×60=750
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The complete question is:
Beat Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours 40,000Total fixed manufacturing overhead cost $ 344,000Variable manufacturing overhead per machine-hour $ 3.90
Recently, Job M759 was completed. It required 60 machine-hours. The amount of overhead applied to Job M759 is closest to: (Round your intermediate calculations to 2 decimal places.)
2.
What is selling? How can you apply this in your real life as a student?
Answers
Should citizens participating in
criminal trials should have some requirements such as someone who
has a degree? Or someone who makes at least $20,000 per year? Why
or why not?
Answers
Citizens participating in criminal trials should not be required to have a degree or make a certain amount of money per year. This is because such requirements would create inequalities in the justice system and violate the principle of equal protection under the law that is enshrined in the US Constitution.
First, requiring citizens to have a degree in order to participate in criminal trials would discriminate against those who cannot afford higher education. This would create an unfair advantage for those who are more affluent and better-educated, and it would prevent many people from serving on juries or as witnesses.
Secondly, requiring citizens to make a certain amount of money per year would also create inequalities. Poorer citizens would be excluded from participating in criminal trials, which would violate their rights to equal protection under the law. Moreover, wealth is not necessarily a measure of a person's ability to serve as a juror or a witness. A person's income level does not necessarily correlate with their intelligence, education, or integrity
.In conclusion,citizens should not be required to have a degree or make a certain amount of money per year in order to participate in criminal trials. Doing so would violate the principle of equal protection under the law, create inequalities, and prevent many people from participating in the justice system.
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Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
Answers
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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Which is the BEST example of a corporation actively working to increase brand awareness?
Answers
One example of a corporation actively working to increase brand awareness is Coca-Cola's "Share a Coke" campaign.
The campaign involved replacing the Coca-Cola logo on bottles and cans with popular names, encouraging consumers to share a Coke with someone who had that name. The campaign was promoted through various channels, including television commercials, social media, and in-store displays, to reach a wide audience.The "Share a Coke" campaign was successful in increasing brand awareness and engagement, as consumers shared their personalized Coca-Cola bottles and cans on social media, generating buzz and viral marketing for the brand. The campaign was also successful in increasing sales, as consumers sought out bottles and cans with their names or the names of friends and family. the "Share a Coke" campaign is a great example of a corporation actively working to increase brand awareness by creating a unique and engaging campaign that resonated with consumers and encouraged them to share their experiences with others, ultimately leading to increased sales and brand loyalty.
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Mr. alvarez studied the soap products on the store shelf. he looked for products with a familiar logo. this is an example of which of the following? choose the answer.
corporate image
target marketing
marketing
brand image
Answers
Answer:
brand image
Explanation:
Answer: Brand Image
Explanation:
I took the test
c) What are the major jobs of a nurse?
Answers
Answer:
1) Conduct physical exams
2) Take a detailed heath care histories
3) Provide counselling and health care to patients
4) Listening to the patients and analysing the physical and emotional needs
Liz just completed a Client Needs Assessment and her client
confirmed that he will require profitability tracking, and need to
create budgets and purchase orders in his accounting solution.
Answers
Answer:
QuickBooks Online Plus
The question and multiple-choices
What is the minimum QuickBooks Online version suitable for Liz's client?
QuickBooks Self-Employed QuickBooks Online Simple Start QuickBooks Online Essentials QuickBooks Online Plus QuickBooks Online Advanced PreviousExplanation:
QuickBooks Online Plus is an advanced feature that small business requires to make better management decisions pertaining to their business. The needs of Liz's client of tracking profitability and the need to create budgets can be meet by installing QuickBooks Online Plus.
Other features of QuickBooks Online Plus include
Keep track of financial records, such as invoices and statements.Update and reconcile payments automatically.Generate accurate estimates and convert them into invoices.Estimate project profitability by taking into account cost factors such as labor and job cost expenses. Automate workflows with rule-based remindersJob #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is ______.
Answers
Explanation:
job #4260 consisted of 1,000 units at a total cost of $200,000. The cost transferred to cost of goods sold for the sale of 600 of the units is:
total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The cost transferred to cost of goods sold for the sale of 600 of the units is 120,000. Frequently, market analysts use models with two sources of info: actual capital, with amount K and work, with amount L.
What is Total cost?In financial matters, total cost (TC) is the base dollar cost of creating some amount of result.
This is the total monetary cost of creation and is comprised of variable cost, which changes as indicated by the amount of a decent delivered and incorporates information sources like work and natural substances.
Work #4260 comprised of 1,000 units at a total cost of $200,000. The cost moved to cost of products sold for the offer of 600 of the units is
Total cost / units x sale of units
200,000 / 1,000 x 600
= 120,000
The negligible cost can likewise be determined by tracking down the subordinate of total cost or variable cost. Both of these subsidiaries work in light of the fact that the total cost incorporates variable cost and fixed cost, yet fixed cost is a consistent with a subsidiary of 0.
The total cost of delivering a particular degree of result is the cost of the multitude of variables of creation. Total cost in financial matters incorporates the total open door cost (benefits got from the following best other option) of each element of creation as a feature of its fixed or variable costs.
Therefore The extra total cost of one extra unit of creation is called minor cost.
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Prior to their merger in 1998, Daimler and Chrysler had not collaborated in any alliance relationship. This probably contributed to the eventual failure of DaimlerChrsyler. After Fiat made a strategic investment in Chrysler in 2009, both of them collaborated in an alliance, which eventually resulted in a merger. Does Fiat Chrysler have better odds for success than DaimlerChrysler?
Answers
Before the merger of Daimler and Chrysler in 1998, there was no collaboration in any alliance relationship.
However, after Fiat’s strategic investment in Chrysler in 2009, they collaborated in an alliance that eventually resulted in a merger. The question that arises here is whether Fiat Chrysler will have better odds for success than DaimlerChrysler. The success of DaimlerChrysler can be attributed to several factors. One of the significant reasons was the clash of two different corporate cultures. Both the companies had different approaches to management, work ethics, and communication styles. Additionally, the merger was a hostile one, meaning the management was forced to adopt new policies. Consequently, the merger did not work, and in 2007, Daimler sold most of its shares to Cerberus.
Chrysler then filed for bankruptcy in 2009.Fiat Chrysler's merger seems to have better odds of success than DaimlerChrysler for several reasons. For starters, unlike Daimler and Chrysler, Fiat and Chrysler have similar business models. Moreover, they have a mutual interest in expanding their presence in the global market. Furthermore, Fiat and Chrysler both understand that to succeed, they have to adapt to a new environment. As such, they are more willing to work together and learn from one another. Additionally, Fiat's CEO, Sergio Marchionne, has been the architect behind the merger's success. He had a clear vision of what he wanted to achieve and how to do it.
In conclusion, it is evident that Fiat Chrysler has a better chance of success than DaimlerChrysler because of their similarities in business models, mutual interests, and willingness to adapt to the new environment. Additionally, the leadership behind the merger is more focused and visionary.
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What does formula do In a spreadsheet program
Answers
Answer:
It uses data entered in certain cells to calculate values for other cells.
Explanation:
A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
brand.
a. co brand
b. individual
c private
d. wholesale
e. family
Answers
Frame Co. has an 8% note receivable dated June 30, 20X1, in the original amount of $150,000. Payments of $50,000 in principal plus accrued interest are due annually on July 1, 20X2, 20X3, and 20X4. In its June 30, 20X3, balance sheet, what amount should Frame report as a current asset for interest on the note receivable
Answers
Answer:
$8,000
Explanation:
Given the following:
Interest rate on notes receivable = 8%
Original principal balance = $150,000
Amount due by July 1 = $50,000
Therefore, in the June 30, 20X4 balance sheet, the original principal balance that has been outstanding will be :
$150,000 - $50000 = $100,000
Therefore, only $100,000 has been outstanding and is due for calculation in the interest on accounts receivable on June 30.
Interest rate * principal balance due at the date
8% * $100,000
0.08 * $100,000
= $8,000
The amount that should Frame report as a current asset for interest on the note receivable is $8,000.
What is note receivable?A note receivable is defined as a written promise to acquire a particular amount of cash from some other party on one date/s. This is addressed as an asset by the bearer of the note.
Computation of notes receivable:
According to the given information,
Notes receivable interest rate = 8%
Original principal Amount = $150,000
Due amount on July 1 = $50,000
Hence, in the balance sheet of the June 30, 20X4, the actual amount of principal balance that has been outstanding is:
\(=\text{Original Principal Amount -Due Amount}\\\\=\$150,000 -\$50000\\=\$100,000\)
Therefore, the outstanding amount would be $1,00,000 and is due for calculation in the interest on accounts receivable on June 30.
Now the amount of note receivable is:
\(\text{Interest Rate} \times \text{Principal Balance Due at the Date}\\\\8\%\times \$1,00\\\\\$8,000\)
Therefore, note receivable is $8,000.
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Which of the following is necessary to resolve conflict? A. patience with the conflict resolution process B. willingness to engage the other party C. support of all involved parties D. all of the above Please select the best answer from the choices provided. A B C D
Answers
Answer:
D
Explanation:
Answer:
The answer is D
Explanation:
Edge 2021
Pushing decision making down the line and getting the lower-level personnel involved is referred to as:A. CentralizationB. DecentralizationC. Horizontal specializationD. Vertical specialization
Answers
Vertical specialisation, often known as centralization, is the process of moving decision-making down the hierarchy and including lower-level employees. Option A is Correct.
Decentralized organisational structures give critical decision-making responsibilities to department heads and project managers, freeing up top management and firm owners to concentrate on strategic planning and big-picture choices.
The employment of specific structures and processes for decision-making, communicating, and regulating is known as specialisation. The hierarchical levels are clearly different from one another, and individuals at the top are given far more status than those at the bottom. In a decentralised organisational management structure, key decisions are taken at the top. Option A is Correct.
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If the price of the share grows as the company grows, how does buying shares in a company benefit an investor?.
Answers
Answer:
An investor will be able to sell these shares for a higher price and make a profit.
Explanation:
This is because the investor can sell the share for a higher price as people see the company is doing well.
homeworklib On November 30, the end of the first month of operations, Weatherford Company prepared the following income statement, based on the absorption costing concept: Weatherford Company Absorption Costing Income Statement For the Month Ended November 30 Sales (4,400 units) $127,600 Cost of goods sold: Cost of goods manufactured (5,000 units) $105,000 Inventory, November 30 (700 units) (14,700) Total cost of goods sold 90,300 Gross profit $37,300 Selling and administrative expenses 22,640 Income from operations $14,660 Assume the fixed manufacturing costs were $27,300 and the fixed selling and administrative expenses were $11,090. Prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.
Answers
Answer:
Sales $127,600
Variable Cost of Goods sold
Variable Cost of goods manufactured $105,000
Inventory, November 30 ($ 14,700)
Total Variable Cost of Goods sold ($90,300)
Manufacturing Margin $37,300
Selling and administrative expenses - Variable (22,640)
Contribution margin $14,660
Fixed Costs
Fixed manufacturing costs $27,300
Fixed selling and administrative expenses $11,090
Total Fixed costs ($38,390)
Loss from operations ($23,730)
A municipality is issuing 40,000 bonds at a public offering price of $1,000. The manager of the underwriting syndicate receives $1.50 per bond. The total takedown is $6.50 per bond and the selling concession is $4.00 per bond. Assume the entire issue is sold with the selling group distributing 20,000 of the bonds sold. Calculate the amount of compensation the syndicate will receive for its risk on selling group sales
Answers
Answer:
$50,00
Explanation:
Calculation to determine the amount of compensation the syndicate will receive for their risk on selling group sales.
First step is to determine the Amount receive per bond for their risk.
Using this formula
Amount receive=Total takedown -Selling concession
Let plug in the formula
Amount receive=$6.50 -$4.00
Amount receive=$2.50
Now let determine the amount of compensation the syndicate will receive for their risk
Compensation received =$2.50*20,000 bonds
Compensation received= $50,000
Therefore the amount of compensation the syndicate will receive for their risk on selling group sales is $50,000
Which of the following is part of the cost of goods or services sold for a company that paints people's homes?
A. Paint
B. Flyers to promote the company
C. A van to travel to people's homes
D. Fuel for the van
Answers
Answer:
A. Paint
Explanation:
Paint is a part of the cost of goods or services sold for a company that paints people's homes. Thus, the correct option is A). Paint.
What is the cost of goods sold?COGS stands for the Cost of Goods Sold. Cost of goods sold refers to the direct costs of producing the goods sold by a company. It is the total amount or cost that is incurred in the production of the goods. The sum of amount that a business paid as a cost directly related to the sale of products, is known as COGS.
Cost of goods sold is the total carrying value of goods sold during a particular period. This amount mainly includes the cost of the material, labor, machinery etc. that are directly used to create the good. It also includes the indirect cost such as marketing cost, distribution cost, sales cost etc.
Basically, cost of goods sold can be calculated by the given formula i.e. COGS = the starting inventory + purchases – ending inventory.
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Utilizing social media as a platform to promote the Malay
language. Make an argument.
Answers
Utilizing social media to promote the Malay language allows for wider reach, interactive learning, and global engagement, fostering language growth and preservation.
Utilizing social media as a platform to promote the Malay language is crucial for several reasons. First, social media platforms have a wide reach and are accessible to a large audience, including the younger generation. By leveraging social media, we can engage and connect with individuals who are active users of these platforms, creating opportunities to promote the Malay language effectively.
Second, social media allows for interactive and dynamic content, such as videos, quizzes, and discussions, which can make language learning engaging and enjoyable. It provides a platform for sharing language-related resources, tutorials, and language exchange programs, fostering a sense of community and collaboration among learners.
Lastly, social media allows the Malay language to extend beyond geographical boundaries, reaching Malaysians living abroad and individuals interested in learning the language globally. By leveraging social media's power, we can raise awareness, create enthusiasm, and foster a positive attitude towards the Malay language, ultimately promoting its growth and preservation.
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Indicate whether the situation below will lead to a surplus, shortage, or neither.
The price of a product falls to a level that consumers consider a bargain.
O Neither
Surplus
Shortage
Answers
If the price of a product falls to what is considered a bargain price, a shortage would occur.
A shortage occurs when the quantity demanded exceeds the quantity supplied. A shortage occurs when price is below the equilibrium price.
A surplus is when the quantity supplied exceeds the quantity demanded. A surplus occurs when price is above the equilibrium price.
When the price of a good falls to what is considered a bargain price by consumers, it means that the price of the good is below the equilibrium price.
When the price of a good is below equilibrium, quantity supplied would fall and the quantity demanded would exceed supply. As a result, there would be a shortage.
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Lars wants to purchase a gift for a colleague whose home he will be visiting. He decides to bring luxury chocolates, as he knows most people enjoy them. Although he is not sure about specific products, Lars heads directly for a store selling Godiva Chocolates, because he knows this is a high-end brand. Lars can be said to have
Answers
Answer:
Brand Awareness.
Explanation:
Brand Awareness can be defined as the awareness or familiarity that a customer have of a company or a brand. When a customer is able to recognise a brand while making a decision to buy something, this phenomenon is said to be brand awareness.
Being aware of a brand consists of recalling and recognizing of brand.
In the given scenario, Lars can be said to have a brand awareness. Since he wants to buy luxury chocolates for his colleague as a gift, he was aware of a brand named 'Godiva Chocolates' as it is the high-end brand. So, Lars is exemplifying that he is aware of brand or acompany.
Thus the correct answer is brand awareness.
Brand awareness can be defined as having knowledge and familiarity with various companies and their brands. It is the marketing term that shows the power of a person or a consumer to recall and recognize a brand by its name, logo, or symbol.
Lars can be said to have Brand awareness.
In the given case, Lars wants to buy luxurious chocolates for his colleague as a gift. When Lars thinks about luxury chocolates he immediately recalled the brand name "Godiva Chocolates". This is because he knew that it is a high-end brand.
This shows that Godiva Chocolates have good brand awareness amongst the customers that made Lars recall its name immediately when he thought of luxury chocolates.
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Store Policies that are open to interpretation by store employees
a) Customer satisfaction
b) Government law
c) Safety
d) Liability of product
Answers
Answer:
a) Customer satisfaction
Explanation:
20,000 units to 18,000 units, What is the elasticity of demand? 0.47 2.11 1.78 6.09
Answers
Elasticity of demand is an economic measure used to describe the responsiveness of consumers to changes in the quantity demanded of a product or service as a result of changes in the price of that product or service.
Elasticity of demand measures the percentage change in quantity demanded for a product or service relative to a percentage change in price for that product or service. The formula for elasticity of demand is given as: Elasticity of demand = (percentage change in quantity demanded) / (percentage change in price)When the elasticity of demand is greater than one, we have an elastic demand.
When the elasticity of demand is equal to one, we have a unit elastic demand. When the elasticity of demand is less than one, we have an inelastic demand.Now let's calculate the elasticity of demand from the given data:Initial quantity demanded
(Q1) = 20,000 unitsFinal quantity demanded (Q2) = 18,000 units
Percentage change in quantity demanded = ((Q2 - Q1) / Q1) x 100%
Percentage change in quantity demanded = ((18,000 - 20,000) / 20,000) x 100%
Percentage change in quantity demanded = (-2,000 / 20,000) x 100%
Percentage change in quantity demanded = -10%
Initial price (P1) = unknown Final price (P2) = unknown
Since we don't know the initial and final prices, we cannot calculate the exact elasticity of demand.
Therefore, none of the options provided is correct.
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How much does it cost to get electricity to a property?.
Answers
Answer:
$10,000 to over $30,000 depending on your location
Explanation:
Pathos is an appeal to emotions (everything from humor to horror) in order to sway an audience, while logos is the 7 use of data/evidence to prove one's case. Did this speaker rely more on pathos or logos in his/her presentation? What argument/point in this presentation did you find the most compelling? Why?
Answers
Answer:
Explanation:
NOTE: In order to solve this question efficiently, there is need to watch the videos attached to this question. Kindly check video link in the comment section of this question since it can not be attached here. If the link can not be added in the comment section, check the Channel(TED), the title is AM I NOT HUMAN? A CALL FOR CRIMINAL JUSTICE REFORM.
So, from the video one can see that the presenter in the TED talk made use of Pathos more than he does for logos.
The argument/point in this presentation that I find the most compelling is when he argued that people that have bad past also deserves an empathy and not only people with no criminal record as we are all human and we can do better. The past is in the past and the present is the present.
west buy electronics alleges to have sold an led tv for $1,475 on account on december 30, 2013. the television had cost west buy $900. if west buy actually sold this television on january 2, 2014 (and instead recorded the sale in 2013), which transaction-level management assertion would be violated
Answers
The accuracy assertion has been violated by recording the sale of the LED TV in the wrong period.
The transaction-level management assertion that would be violated in this scenario is the accuracy assertion.
The accuracy assertion ensures that all transactions and events have been recorded correctly and accurately in the accounting records. In this case, West Buy Electronics recorded the sale of the LED TV on December 30, 2013, even though the sale actually occurred on January 2, 2014. This misstatement would result in inaccurate financial statements, as the sale would be recorded in the wrong period, potentially impacting the company's revenue and profit figures for 2013.
Therefore, the accuracy assertion has been violated by recording the sale of the LED TV in the wrong period.
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West buy electronics alleges to have sold an led tv for $1,475 on account on december 30, 2013. the television had cost west buy $900. if west buy actually sold this television on january 2, 2014 (and instead recorded the sale in 2013), which transaction-level management assertion would be violated?
Chapter 2 Mastery Problem
The T –
Hassan Rahim won a concession to rent bicycles in the local park during the summer. During the month of June, Hassan completed the following transactions for his bicycle rental business:
Chart of Accounts
Cash
Hassan Rahim Capital
Accounts Receivable
Hassan Rahim, Withdrawals
Supplies
Rental Income
Shed
Wages Expense
Bicycles
Maintenance Expense
Accounts Payable
Repair Expense
Concession Fee Expense
June
2
Began business by placing $7,200 in a business checking account.
3
Purchased supplies on account, $150
4
Purchased 10 Bicycles for $2,500, paying $1,200 down and agreeing to pay the rest in thirty days.
5
Purchased for cash a small shed to hold the bicycles and to use for other operations, $2,900
6
Paid cash for shipping and installation costs (considered as an addition to the cost of the shed) to place the shed at the park entrance, $400.
8
Received cash of $470 for rentals during the first week of operation.
13
Hired a part-time assistant to help out on weekends at $7.50 per hour
14
Paid a maintenance person to clean the grounds, $75.
15
Received cash, $500, for rentals during the second week of operation.
16
Paid the assistant for a weekend’s work, $150.
20
Paid for the supplies purchased on June 3, $150.
21
Paid repair bill on bicycles, $55.
22
Received cash for rentals during the third week of operation, $550.
23
Paid the assistant for a weekend’s work, $150.
26
Billed a company for bicycle rentals for an employee outing, $110
27
Paid the fee for June to the Park District for the right to the bicycle concession, $100.
28
Received cash for rentals during the week, $410.
29
Paid the assistant for a weekend’s work, $150.
30
Transferred $500 to personal checking account.
Answers
Answer:
27.
Explanation:
marketing, sales, and customer service are identified as the key functions in a value chain.
Answers
Marketing, sales, and customer service are indeed key functions in a value chain. The value chain is a concept that describes the activities within a company that add value to a product or service. It encompasses a series of interconnected functions that contribute to the creation, marketing, delivery, and support of a product or service.
Marketing is a crucial function within the value chain as it involves activities such as market research, product development, branding, pricing, promotion, and distribution. Marketing helps identify customer needs, create awareness and demand for products or services, and generate leads for the sales team.
Sales, as another key function, focuses on the actual selling of products or services to customers. This includes activities like prospecting, lead generation, customer relationship management, negotiations, and closing deals. Sales teams work closely with marketing to convert leads into customers and drive revenue for the organization.
Customer service plays a vital role in the value chain by providing support and assistance to customers after the purchase. This function involves activities such as handling inquiries, resolving issues, providing product information, offering post-sales support, and ensuring customer satisfaction. Effective customer service helps build customer loyalty, enhance brand reputation, and drive repeat business .
While the value chain consists of other functions like procurement, operations, and logistics, marketing, sales, and customer service are particularly critical in generating customer demand, acquiring customers, and delivering a positive customer experience. These functions contribute directly to revenue generation and customer satisfaction, making them key components in the overall value creation process.
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Mrs. Peters filed a complaint against her employers for firing her. She admitted to being late to work five days in a month but she claimed that she was fired on the grounds of being a female employee. This is an example of ________.
Answers
The claim that made Mrs. Peter to filed a complaint against her employer was an example of a Mixed Motive Case.
What is a Mixed Motive Case?
In employment law, the Mixed motive is a theory utilized to show unlawful discrimination against an employee.
It is an employment inequality lawsuit whereby the accused employer had both legal and discriminatory reasons for adopting a specific unfavorable employment action.
Therefore, Mrs. Peter believed that the reason she was fired was based on Mixed Motive Case.
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