machinery was purchased on january 1 for $70,000. the machinery has an estimated life of 7 years and an estimated salvage value of $9,000. double-declining-balance depreciation for the second year would be
Answers
The double-declining-balance depreciation for the second year would be approximately $15,428.57.
To calculate the double-declining-balance depreciation for the second year, we need to determine the depreciation rate and the book value of the machinery.
The depreciation rate is calculated by dividing 2 by the estimated life of the machinery, which is 7 years.
Therefore, the depreciation rate is 2/7, or 28.57%.
To find the book value at the beginning of the second year, we subtract the accumulated depreciation from the initial cost of the machinery. In the first year, the depreciation expense would be
($70,000 - $9,000) * 28.57%
= $16,000.
Thus, the accumulated depreciation at the end of the first year is $16,000.
The book value at the beginning of the second year is the initial cost minus the accumulated depreciation, which is
$70,000 - $16,000 = $54,000.
Now, we can calculate the depreciation expense for the second year. It is the book value at the beginning of the year multiplied by the depreciation rate, which is
$54,000 * 28.57% = $15,428.57.
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Related Questions
2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce
Answers
Explanation:
it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.
Which of the following is not an example of professional behavior
?
Answers
NEED HELP ASAP
Complete the following sentence.
Chronological, functional, and targeted are just a few of the many formats for writing a _____.
Answers
Answer:
I think it's a story/book
Explanation:
because it's the only thing I can think of when I think of the words chronological, functional, and targeted.
When you put a check you received in the bank, you have immediate access to the money.
True or False.
Answers
Answer:
this is true hope this helps
Explanation:
Before you move forward, summarize the changes you will need to make to your new budget. Describe these changes in at least two sentences.
Answers
Answer: yes
Explanation:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Answer:
The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.
Explanation: I just did the test an got a 100
Based on the average annual consumption of 867 kwh per household per month, how many households can the ground mount facility at asu west supply?
Answers
Answer: Based on the average annual consumption of 867 kWh per household per month, the ground mount facility at ASU West can supply a maximum of 4 households.
Explanation:
The first step is to calculate the total annual consumption for one household. We know that the average annual consumption is 867 kWh per household per month. To find the annual consumption, we multiply this value by 12 (since there are 12 months in a year).
Annual consumption = 867 kWh/month * 12 months = 10,404 kWh/year
Next, we need to determine how many households the ground mount facility at ASU West can supply. Let's assume the ground mount facility has a total capacity of 50,000 kWh.
To find the number of households, we divide the total capacity of the ground mount facility by the annual consumption per household.
Number of households = Total capacity of ground mount facility / Annual consumption per household
Number of households = 50,000 kWh / 10,404 kWh/year
Calculating this, we find that the ground mount facility at ASU West can supply approximately 4.81 households. Since we can't have a fraction of a household, we round down to the nearest whole number.
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The ground mount facility at ASU West can supply approximately 7,172 households.
To find out how many households the ground mount facility at ASU West can supply, we need to divide the total energy consumption of the facility by the average annual consumption per household.
First, let's convert the average monthly consumption of 867 kWh per household to an annual consumption by multiplying it by 12. This gives us 10,404 kWh per year.
Next, we divide the total energy capacity of the ground mount facility at ASU West by the annual consumption per household. Let's say the total energy capacity is 80,000 kWh per year.
Therefore, the calculation is:
80,000 kWh / 10,404 kWh per year = 7.69 (approx.)
Since we can't have a fraction of a household, we round down to the nearest whole number. Therefore, the ground mount facility at ASU West can supply approximately 7,172 households.
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Which of the following falls outside of the classification of business expenditures that fall into the category of variable costs?
a) costs that increase with the quantity produced
b) costs of research and development
c) costs related to labor expenditures
d) costs related to physical inputs
Answers
The option that falls outside of the classification of business expenditures that fall into the category of variable costs is option C. costs of research and development. Read below about costs of research and development.
What is a costs of research and development?These are costs taken to develop new products or processes that may or may not result in commercially viable items. The general rule is that research and development costs are to be expensed immediately when the costs are incurred.
Therefore, the correct answer is as given above.
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How could quantum computing benefit the financial services industry?
Answers
Quantum computing can benefit the financial services industry as its enable the investment managers to improve portfolio diversification and re-balance portfolio investments to more precisely respond to market conditions.
What is the impact of Quantum computing?Quantum computing is a rapidly-emerging technology that harnesses the laws of quantum mechanics to solve problems too complex for classical computers. Today, IBM Quantum makes real quantum hardware available to hundreds of thousands of developers, a tool that scientists only began to imagine three decades ago.
Many of the encryption algorithms currently used to protect financial transactions are expected to be broken by quantum computers. This could pave the way for the development of new, quantum-resistant encryption methods, which would aid in the security of online financial transactions.
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How do you write a business pitch???
Answers
Answer:
A business pitch is a presentation by one or more people to an investor or group of investors.
Explanation:
have a nice day! hope this helps!
The best business pitch gets to the heart of the matter quickly in order to keep investors from losing interest or worse yet, thinking there's no point to the presentation. Get to the meat of the pitch as soon as possible; if investors don't understand the idea right away, they'll think customers won’t understand it either.
You may want to consider starting with an elevator pitch, so named because it should be short enough to deliver during a brief elevator ride. It can introduce your business pitch and is handy if you stumble across a brief opportunity to sell your idea to a potential investor (for instance, if you find yourself riding to the tenth floor with the likes of Bill Gates). An elevator pitch is a concise and carefully planned description of your company or idea that can be quickly and easily understood. In a longer business pitch, the elevator pitch can be used as the hook: a line or two in your business writing that captures the attention of potential investors.
Once you've started off your business pitch with a brief overview of your business idea, it’s time to flesh out the details. You want to get across the reasons investors should to buy in; for example, what benefits will investors receive if they provide the necessary capital? Your business pitch might include the following:
It is important to do your research. You must know your product, audience, and competitors well and should be prepared to answer any questions potential investors may have. It is important to ensure you are pitching your idea to the right people. Research potential investors and ensure your pitch idea is well-matched to their interests.
While your overall idea is the most important part of your business pitch, make sure to polish the details: be sure your numbers are correct and have evidence to validate any claims you make. Use powerful, convincing words and avoid using superlatives or hyperbole; and, of course, edit your pitch to ensure you have used proper grammar, spelling, and punctuation! You want potential investors to judge your business pitch based on merit rather than surface errors..l
60 POINTS PLS HELP ASAP
(this is a short answer question)
What are the taxes you will have to pay and what impact will they have on the spending decisions you make?
Please make sure to include the following in your response:
What taxes will you be responsible for?
Explain the impact taxes have on your financial decisions.
Explain the benefits and consequences of taxes on your income?
Explain how different regions of the country would affect your take home pay?
Why do we pay taxes and what they are used for?
How and why do you need to file for your taxes?
Answers
What taxes will you be responsible for?
The taxes you will be responsible for depend on various factors such as your income, employment status, and where you live. Some of the most common taxes include federal income tax, state income tax, property tax, sales tax, and social security tax.
Explain the impact taxes have on your financial decisions.
Taxes can have a significant impact on your financial decisions as they reduce the amount of money you have available to spend or save. Depending on your tax bracket and the taxes you owe, you may have to adjust your spending habits and financial goals accordingly.
Explain the benefits and consequences of taxes on your income?
The benefits of taxes on your income include funding public goods and services such as healthcare, education, infrastructure, and national defense. Taxes also help to reduce income inequality by redistributing wealth through social welfare programs. However, taxes can also have negative consequences on your income such as reducing your disposable income and decreasing your purchasing power.
Explain how different regions of the country would affect your take-home pay?
Different regions of the country can have different tax rates and regulations that affect your take-home pay. For example, if you live in a state with high income and property taxes, you may end up paying more in taxes and having less take-home pay than if you lived in a state with lower taxes.
Why do we pay taxes and what are they used for?
We pay taxes to fund public goods and services such as healthcare, education, infrastructure, and national defense. Taxes are also used to redistribute wealth and reduce income inequality through social welfare programs.
How and why do you need to file for your taxes?
Filing for taxes is required by law in most countries, and it involves reporting your income, deductions, and tax liabilities to the government. Filing for taxes is necessary to ensure that you are paying the correct amount of taxes owed and avoiding any penalties or legal consequences for failing to do so. It's important to file for taxes accurately and on time to avoid any unnecessary financial burdens or legal issues.
what is the reason the oig initiated the path audits? a. to assist in the payment of medical education for students pursuing pathology specialties to encourage enrollment in the programs b. to help teaching assistants select the best medical path in respect to their academic strengths c. to determine whether, and to what extent, medicare payment discrepancies exist in respect to teaching physicians, at teaching hospitals throughout the country d. to determine proper payment for pathology services
Answers
To determine whether, and to what extent, Medicare payment discrepancies exist in respect to teaching positions, teaching hospital throughout the country.
The Office of Inspector General (OIG) has led the nation's initiatives since its founding in 1976 to combat waste, fraud, and abuse and to boost the effectiveness of Medicare, Medicaid, and more than 100 other Department of Health & Human Services (HHS) programs.
To enhance economy, efficacy, and performance in our agency's operations and programs is one of our functions, as is preventing and identifying deception, waste, misuse, misbehavior, and incompetence in the government.
The medical school receives education funds from CMS, endowments, and tuition to pay physicians who are involved in teaching activities. The hospital pays the residents and interns under its supervision.
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The table below contains the demand and supply schedule for apartments in a city. Suppose the city council feels that the equilibrium rent is too high and imposes a price ceiling of $750 a month.
Rent/Month Quantity Demanded Quantity Supplied
$1,750 300 4,800
$1,500 600 2,400
$1,250 1,200 1,200
$1,000 2,400 600
$750 4,800 300
Based on the results, would we expect a surplus or shortage of apartments? How many apartments would be affected by this price ceiling?
Answers
Based on the given demand and supply schedule for apartments in a city, with a price ceiling of $750 a month: 4,500 apartments would be affected by the price ceiling of $750 a month
we can determine whether there would be a surplus or shortage of apartments and how many apartments would be affected.
To analyze the situation, we need to find the quantity demanded and quantity supplied at the imposed price ceiling of $750 a month. According to the table, at a rent of $750/month, the quantity demanded is 4,800 apartments, and the quantity supplied is 300 apartments.
Since the quantity demanded (4,800 apartments) is higher than the quantity supplied (300 apartments) at the price ceiling, we would expect a shortage of apartments in the city.
The number of apartments affected by this price ceiling can be calculated by finding the difference between the quantity demanded and the quantity supplied at the price ceiling level:
Affected apartments = Quantity demanded - Quantity supplied
Affected apartments = 4,800 - 300
Affected apartments = 4,500
So, 4,500 apartments would be affected by the price ceiling of $750 a month.
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Complete this paragraph about the impact of trade on American jobs based on the video you just watched.
New Balance manufactures its shoes in
. The Obama administration proposed a trade agreement called the
. It is
to hire Vietnamese workers than American workers. New Balance executives are hoping to avoid their workers losing their
because of the trade agreement.
Answers
Answer:
The radius of the earth is 6371 km and the weight of an object on the earth is 800 N. The weight of the object at an altitude of 6371 km above the surface of the earth
Answer:
New England
Trans-Pacific Partnership
10 times cheaper
Jobs
Explanation:
how can you ensure that your essay is well organized
Answers
Ensuring that your essay is well-organized is crucial for presenting your ideas in a clear and coherent manner.
Here are some tips to help you achieve that:
Create an outline: Before you start writing, create an outline that outlines the main points and the logical flow of your essay. This will serve as a roadmap and help you organize your thoughts effectively.
Start with a strong introduction: Begin your essay with an engaging introduction that provides background information and a clear thesis statement. This will set the tone for the rest of the essay and guide your organization.
Use paragraphs effectively: Each paragraph should focus on a single main idea or topic and present it in a clear and concise manner. Begin each paragraph with a topic sentence that introduces the main point, followed by supporting evidence and examples.
Use transitional words and phrases: Transitional words and phrases (e.g., however, furthermore, in addition) help to connect your ideas and create a smooth flow between sentences and paragraphs.
Follow a logical structure: Organize your essay in a logical sequence, such as chronological order, cause and effect, or problem-solution. This helps readers follow your arguments and makes your essay more coherent.
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Question 1 of 20
Which of the following reasons for writing a formal business document would
lead
you to write a proposal?
A. To tell your manager a project is on budget and on schedule
B. To describe what tasks you completed during the week
C. To summarize what happened during a meeting
D. To convince your manager to use a new meeting organization tool
Answers
Answer:
D. To convince your manager to use a new meeting organization tool
Explanation:
In business, a proposal mostly needed for new projects that haven't been done by the company before. Usually, this will be made before a team about to approach a new markets, using new technologies to replace the old ones, or giving ideas for new programs that can improve company's profit.
A good proposal should consist of proper explanation about the project, what problems the project will address, resources that are needed to do the project, time lines, and the potential budget that might incurred from the project.
what is turgidity
..............
Answers
Answer:
Turgidity is the state of being swollen or turgid,
prepare a comparative income statement for these two years in vertical form, stating each item as a percent of revenues. (note: due to rounding, amounts may not total 100%). round your answers to one decimal place.
Answers
To prepare a comparative income statement in vertical form, first calculate each item as a percentage of revenues for both years. Round your answers to one decimal place.
To create a comparative income statement, follow these steps:
1. List the income statement items in vertical form, with revenues at the top.
2. For each item, divide its amount by the total revenues for the respective year and multiply by 100 to get the percentage.
3. Round the percentages to one decimal place.
4. Repeat the process for the second year, comparing each item's percentage to the first year's percentages.
By doing this, you'll be able to analyze the changes in each item's proportion relative to revenues, which helps in understanding the company's financial performance over the two years. Remember to round your answers to one decimal place and note that due to rounding, amounts may not total 100%.
For example, if revenues were $100,000 in year 1 and $120,000 in year 2, and the cost of goods sold was $60,000 in year 1 and $72,000 in year 2, the cost of goods sold as a percentage of revenues would be 60.0% in year 1 and 60.0% in year 2.
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Picture your ideal retirement and describe.
Answers
Answer:
Lots of money
Explanation:
I would want to save up in order to play sports and video games all day. I would also like to travel a lot
Answer:
Explanation:
I am retired. I have a pension that takes care of my needs for now. It won't once the economies realize what they've done. Practically no one will be able to retire.
So I'm lucky in that I can pretty much do what I want within the jurisdiction where I live. Right now the virus is leading us on a merry chase and our borders are closed. I'm told it's a good thing because the medical care is being overwhelmed. I certainly didn't plan that.
I have the best care that anyone could wish for. I have Cancer but my two specialists take of me with a medication that only 10% of the population respond to, so I'm lucky. That's something I didn't plan on either but I should have. Both my parents succumbed to Cancer. And you have to take into account the bad with the good.
I love to travel and look forward to the borders opening up. Nothing is going to hold me up. You must always figure on what interests you have to become what you like to do. Everyone where I am does have an interest, but I don't think watching television should really count. I do like answer questions on Brainly. I've learned how to write answers that I'm satisfied with, even if students are not.
one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user.
Answers
The statement one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user is True.
What is market segmentation?Market segmentation can be defined as the way of separating the market into different segment or group. Example of market segmentation is putting customers that share similar or the same features into the same group
The statement is true because a company can tend to divide a market based on whether a person is a consumer on a business user.
Therefore the statement is true.
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The complete question is :
one way to segment a market is according to whether the purchaser is a consumer or a business-to-business user. True/False
Which of the following people has "paid on time,' an important requirement in
credit agreements?
Suzan borrowed $400 from her grandmother to buy an iPad and promised
to pay $10 a week for 40 weeks until the loan was paid back. Suzan
OA.
missed about 8 weekly payments but managed to pay her grandmother the
whole amount by the end of the 40 weeks.
Carlos moved into his own apartment about a year ago. The gas and
OB. electric bills are usually due on the 25th of the month. Carlos faithfully pays
those bills on the 2nd of the next month when he gets pald.
Tamara's parents co-signed a car loan for her new wheels. Her monthly
payment is due by the 15th of each month. So far she has made the
O c. payment each month. But on three months, she sent her payment after the
due date because she had not yet received her bi-weekly paycheck from
her part-time job. One time she was more than 30 days late.
Josh has a 36-month loan for his new truck. Each month's payment is due
OD. by the 10th of the month. Josh always mails his coupon and payment by
the first of the month.
Answers
OD. Josh has a 36-month loan for his new truck. Each month's payment is due by the 10th of the month. Josh always mails his coupon and payment by the first of the month is the correct answer.
Good credit history is an important factor for a person with a credit card. This shows that the person is reliable and also presents that person to further monetary 'loans'.
The term "paid on time" is what it is, referring to the person's ability to pay back his/her credits on time. This means the timely payment of one's credit card usages without any gap in the required payment window. Among the given people, only Josh who took a 36-month loan for a new truck has "paid on time." This is evident in his effort of "mailing his coupon and payment by the first of the month" while his loan requirement was that he pays his die by the 210th of every month. Susan couldn't pay her $10 a week payment for 8 weeks. Carlos only paid his gas and electric bills by the 2nd of the next month, and not by the 25th of the month as required. Tamara's payment for her new car was made only after the due date."On time" payments mean the credits due are paid within the required window of payment given. And on that regard, only Josh was able to do the needful. Thus, the correct answer is option D.
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Why doesn't the Lorax do anything to stop the Once-ler (hint: he's a symbol)? What does this tell us
about the future of business decisions?
Answers
Answer:
The Lorax is a symbol of environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. This tells us that if we do not take steps to balance economic growth and environmental sustainability, it could lead to long-term negative consequences for the environment and future business decisions.
Explanation:
The Lorax is a children's book by Dr. Seuss that explores the environmental impact of economic growth and consumerism. In the story, the Once-ler begins cutting down Truffula trees to make a product called Thneeds, despite the warnings of the Lorax, who speaks for the trees and the animals that depend on them.
The Lorax represents environmental consciousness and his inaction in stopping the Once-ler represents the failure of society to prioritize the environment over economic growth. The Once-ler's actions are driven by his desire for profit, and he continues to cut down trees despite the negative impact it has on the environment. The Lorax, as a symbol of environmental awareness, is unable to stop the Once-ler from destroying the ecosystem, which ultimately leads to the disappearance of the Truffula trees and the animals that depend on them.
This lack of balance between economic growth and environmental sustainability is a lesson that has implications for future business decisions. If businesses prioritize profit over environmental sustainability, it could lead to long-term negative consequences for the environment, which could ultimately harm the economic viability of those businesses. It is important for businesses to consider the environmental impact of their decisions and take steps to balance economic growth and sustainability for the long-term health of the environment and economy.
1.Briefly describe some of the continued risks associated with outsourcing to Stretchum along with benefits to Chatham by collaborating with the supplier?
2.Considering the long-term relationship between Chatham and Stretchum, what kind of relationship has been sustained over the past 10 years? Secondly, what kind of relationship should be developed, and how should Chatham approach Stetchum?
3. Given the case information relevant to dispersed procurement activities across OnTarget, briefly discuss the interconnections to potentially reducing costs using ERP and the SCOR model framework to connect information flows throughout OnTarget.
4. Explain the supply chain attributes and measures that can be implemented to maximize cost reductions across OnTarget?
5. Explain the benefits that could may come from implementing a Supply Chain Advisory Council to oversee OnTarget growth initiatives and continued cost reductions?
Answers
Outsourcing to Stretchum carries risks such as quality control and dependence on a single supplier, but it can also bring benefits such as cost savings and access to specialized expertise. The relationship between Chatham and Stretchum has likely been a long-term partnership, and Chatham should aim to develop a strategic partnership going forward.
1. Risks associated with outsourcing to Stretchum:
Quality control: There is a risk that the products or services provided by Stretchum may not meet Chatham's quality standards, which could lead to customer dissatisfaction and reputational damage.
Dependence on a single supplier: By outsourcing to Stretchum, Chatham becomes heavily reliant on them for the supply of goods or services.
Communication and coordination challenges: Outsourcing involves working with an external partner, which can introduce complexities in terms of communication, coordination, and alignment of goals and objectives.
Benefits of collaborating with Stretchum:
Cost savings: Outsourcing to Stretchum may provide cost advantages due to lower labor costs or economies of scale, enabling Chatham to reduce expenses and improve profitability.
Focus on core competencies: By outsourcing non-core activities to Stretchum, Chatham can concentrate its resources and expertise on its core competencies, leading to improved efficiency and innovation.
2. The sustained relationship between Chatham and Stretchum over the past 10 years can be characterized as a long-term partnership. This partnership has likely involved regular interactions, collaboration, and mutual trust.
For the future, Chatham should aim to develop a strategic partnership with Stretchum. This means going beyond a transactional relationship and working towards a deeper integration of operations, shared goals, and mutual benefits.
3. Dispersed procurement activities across OnTarget can benefit from using an Enterprise Resource Planning (ERP) system and the Supply Chain Operations Reference (SCOR) model framework to connect information flows throughout the organization. By implementing ERP, OnTarget can centralize procurement data, streamline processes, and improve visibility across the supply chain. This integration enables better coordination, inventory management, demand planning, and cost control.
4. To maximize cost reductions across OnTarget, several supply chain attributes and measures can be implemented:
Lean principles: Implementing lean practices such as just-in-time inventory management, waste reduction, and continuous improvement can lead to cost savings.
Supplier collaboration: Developing strong partnerships with suppliers, sharing information, and collaborating on cost-saving initiatives can help optimize the supply chain.
Demand forecasting and planning: Accurate demand forecasting and efficient planning can reduce inventory carrying costs and prevent stockouts or overstock situations.
5. Implementing a Supply Chain Advisory Council to oversee OnTarget's growth initiatives and continued cost reductions can bring several benefits:
Strategic guidance: The council can provide strategic advice and direction to align supply chain activities with the company's growth objectives.
Cross-functional collaboration: By involving representatives from different departments, the council facilitates collaboration, communication, and coordination across the entire organization.
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You have examined photographs of Hoovervilles in different states. What do they show about life in Hoovervilles all across the country?In one or two sentences, explain what the photographs say about how people adjusted to Hooverville life.
Hooverville residents did the best they could under difficult circumstances. Hooverville residents formed their own communities and learned to fend for themselves. Hooverville residents tried to make their towns and lives as normal as possible.
Answers
Life in the Hoovervilles became pretty tough and those tried their first-class to get via as they may.
Life in Hoovervilles usually shared certain characteristics which include.
A resident dwelling in unsanitary situations
citizens being pressured to beg or depend upon charity for food
Hoovervilles have been created in the course of the top notch depression as thousands and thousands of human beings misplaced their jobs and have become too terrible to have enough money right housing. As a end result, they created ghettos where they could live on temporarily.
Living in these ghettos become difficult due to the fact:
situations were unsanitary - the housing was now not constructed as much as the proper wellknown and sewage systems were missing. This caused very unsanitary conditions and caused disorder.
food became scarce - the ones living within the ghetto have been normally unemployed and could not come up with the money for meals so they needed to beg for it from other people in addition to approach charitable businesses.
life is the belongings that distinguishes count with and with out biological tactics, such as signaling and self-sustaining methods, and is described by way of its ability for boom, response to stimuli, metabolism, electricity conversion, and duplicate.
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Match each business model with the advantage it brings.
Answers
Answer:
1. Subscription.
2. Bait and Hook.
3. Cutting out the Middleman.
Explanation:
Some of the commonly used business models across the world include the following;
1. Subscription: steady revenue and predictable profits. It is a business model which typically involves customers paying a recurring fee or price (revenue) for the use of a particular product or service. These customers are usually charged either on a monthly or annual basis. An example is the subscription for paid cable tv by various customers.
2. Bait and Hook: attractive prices for basic product. It is also referred to as the razor and blade business model. Bait and Hook typically involves selling a product at a very low price so as to gain the attention of the buyer and selling a complementary product (refill) to the same buyer at a very high price. An example is a mobile phone (bait) and airtime plus data (hook).
3. Cutting out the Middleman: reduction in transaction costs and processing time. It typically involves the elimination of an intermediary (middleman) in the supply of goods and services to the end users or customers.
An example is the business to consumer (B2C) company such as Walmart, Uber, etc.
One of your customers, Margaret Port, has referred you to a friend who needs your Hercules Shelving for a storage warehouse. Port recently purchased your heavy-duty. 18-gauge steel shelving and is pleased with it. She said. "This will be an easy sale for you. My friend really needs shelving and I told him about yours." Port's information is correct and your presentation to her friend goes smoothly. The customer has asked numerous questions and seems ready to buy. Just before you ask for the order, the customer says. "Looks like your product is exactly what I need. I'd like to think this over. Could you call me next week? Which of the following would you do? Why? 4. Follow the suggestion and call next week 5. Go ahead and ask for the order c. Ask questions about the reason for the delay.
Answers
The most appropriate action in this situation would be option 3: Ask questions about the reason for the delay.
By asking questions about the reason for the delay, you can gain insights into the customer's hesitation or concerns. This information will help you address any potential objections or misunderstandings, and provide appropriate solutions or reassurances. It allows you to understand the customer's perspective and tailor your approach accordingly.
Some questions you could ask might include:
- "I'm glad to hear that our product meets your needs. Can you share what specifically you'd like to think over?"
- "Is there anything in particular that you need more information about or any concerns that I can address?"
- "What factors are important for you in making a decision about purchasing our shelving?"
These questions allow you to engage in a productive conversation with the customer, address any potential reservations, and potentially overcome any obstacles preventing them from making a purchase decision. It demonstrates your willingness to understand their needs and ensures that you have the opportunity to address any lingering doubts before asking for the order.
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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?
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Answer:
Price of stock = $74.636
Explanation:
The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.
The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity
Present value of dividend from year 1 to 8
The PV of the growing annuity = A/r-g) ( 1- (1+g)/(1+r)^n )
A- dividend payable now , r- required of return, g-growth rate, number of years
PV = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605
PV of Dividend from year 9 and beyond:
P = D× g/(r-g)
This will be done in two steps:
Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250
Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030
Price of stock = 17.60 + 57.030= 74.63
Price of stock = $74.636
Help Me pls? Thanks!
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The above portfolio can be de-risked by reducing stock to 15% and increasing bond to 55%.
Why are Bonds safer than stocks?Stocks are often riskier than bonds since they provide no guaranteed returns to the investor. On the other hand however, bonds provide reasonably consistent returns through coupon payments.
Bonds are loans to companies or governments, whereas stocks are ownership in a corporation. They are significantly less volatile than stocks since they are a loan with a fixed interest payment, a maturity date, and a face value that the borrower will return.
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Some insights regarding the current legal system and how it can impact entrepreneurs who are trying to enter the market.
The likelihood of an entrepreneur entering the market can be influenced by a variety of factors, including the current legal system. While legal regulations and compliance can help establish a level playing field, the process of navigating and adhering to these regulations can be challenging and costly, particularly for new startups with limited resources.
Entrepreneurs may also face potential legal barriers and uncertainties, such as intellectual property disputes or regulations specific to their industry, which could dissuade them from entering the market.
However, the legal system can also offer protections and opportunities for entrepreneurs. Legal protections such as patent and copyright laws can help entrepreneurs safeguard their intellectual property and prevent others from infringing on their rights. Additionally, new legal developments, such as the establishment of regulatory sandboxes and other supportive measures, can create a more conducive environment for entrepreneurship.
Overall, the likelihood of an entrepreneur entering the market depends on various factors beyond the legal system, including market conditions, competition, funding, and more. While navigating the legal system can be challenging, it is not necessarily a barrier to entry, and entrepreneurs who are well-prepared and have a strong value proposition can still succeed despite legal challenges.
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Explanation:
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