Answer:
July 1
Dr Accounts receivable $22,600
Cr Cash $22,600
Dr Sales returns and allowances $1,334
Cr Allowances for Sales returns and allowances $1,334
July 10
Dr Cash $21,922
Dr Sales Discount $678
Cr Accounts Receivable $22,600
July 17
Dr Accounts receivable $256,100
Cr Sales revenue $256,100
July 30
Dr Cash $256,100
Cr Accounts receivable $256,100
Explanation:
Preparation of the necessary journal entries for Headland computers.
July 1
Dr Accounts receivable $22,600
Cr Cash $22,600
Dr Sales returns and allowances $1,334
Cr Allowances for Sales returns and allowances $1,334
July 10
Dr Cash $21,922
($22,600-$678)
Dr Sales Discount $678
(3%*$22,600)
Cr Accounts Receivable $22,600
July 17
Dr Accounts receivable $256,100
Cr Sales revenue $256,100
July 30
Dr Cash $256,100
Cr Accounts receivable $256,100
Wholemark is an Internet order business that sells one popular New Year greeting card once a year. The cost of the paper on which the card is printed is $0.40 per card, and the cost of printing is $0.10 per card. The company receives $3.75 per card sold. Since the cards have the current year printed on them, unsold cards have no salvage value. Their customers are from the four areas: Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 2,300 and standard deviation 200. (Assume these four are independent.)
What is the optimal production quantity for the card?
Answer:
≈ 9644 quantity of card
Explanation:
given data:
n = 4 regions/areas
mean demand = 2300
standard deviation = 200
cost of card (c) = $0.5
selling price (p) = $3.75
salvage value of card ( v ) = $ 0
The optimal production quantity for the card can be calculated using this formula below
= u + z (0.8667 ) * б
= 9200 + 1.110926 * 400
≈ 9644 quantity of card
First we have to find u
u = n * mean demand
= 4 * 2300 = 9200
next we find the value of Z
Z = ( \(\frac{p-c}{p-v}\) )
= ( 3.75 - 0.5 ) / 3.75 = 0.8667
Z( 0.8667 ) = 1.110926 ( using excel formula : NORMSINV (0.8667 )
next we find б
б = 200\(\sqrt{n}\) = 400
In economics, what amount does the demand for a good refer to?
Demand is the term used by economists to describe the quantity of a good or service that customers are willing and able to purchase at a particular price.
How much of a particular good is needed?The phrase "quantity demanded" in economics describes the total amount of a good or service that customers demand over a predetermined duration of time. A market is reliant on the price of a good or service whether or not it is in equilibrium.
The Demand Curve: What Is It?The demand curve is a graphical representation of how the price of a good or service relates to how much is demanded over a given period of time. Frequently, the price is shown on the left vertical axis and the amount demanded is shown on the horizontal axis.
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Sun Computer Systems manufactures two main versions of Mini-computers: the Version 2 and the Version 4. The firm employs 5 service technicians, each of whom works a full forty hours per week, each month on its assembly line and management insists that full employment be maintained each month. It requires 20 labor hours to assemble each Version 2 and 25 hours to assemble each Version 4 model. Each Version 2 also requires 10 hours of final inspection and each Version 4 requires 15 hours of inspection. There are 460 hours of inspection time available to complete these tasks on a monthly basis. Also, the company wants to see at least 10 Version 2,s produced during the production period. Version 2’s generate a profit of $120,000 per unit and Version 4’s generate a profit of $180,000 per unit. Determine the most profitable number of each model of smartphones to produce during the coming month. c. What is the optimal solution under these present constraints? a. (10,24) $5,520,000 b. (48,0) $3,960,000 c. (40,0) $4,800,000 d. (0,30) $4,500,000
The highest profit of $4,800,000 would be generated by manufacturing 40 units of Version 2 minicomputers and 0 units of Version 4 minicomputers. Therefore, option (C) is accurate.
Let x represent the quantity of Version 2 minicomputers manufactured.
Let y be the quantity of Version 4 minicomputers manufactured.
The overall profit should be maximized, which is stated as:
Profit is equal to the product of (Profit per unit of Version 2) times (Number of Version 2) and (Profit per unit of Version 4) times (Number of Version 4).
$120,000x plus $180,000y equals profit.
Let's now establish the limitations based on the available data:
Labor Hours Limit: 5 technicians (20x + 25y + 10y + 15y) *40 hours each week *4 weeks per month
30x + 40y ≤ 800
Constraint on Inspection Hours: 10x + 15y 460
Version 2 minimum constraint: x > 10
x 0 y 0 Non-Negativity Constraint
This linear programming issue can now be resolved to determine the best answer.
The best option, based on the options offered, that satisfies all the requirements and maximizes profit is:
c. (40, 0) with a $4,800,000 profit
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By solving through linear programming, Option (C) i.e (40,0) $4,800,000 is correct
Let Version 2 Mini-computers produce be x
Let Version 4 Mini-computers produce be y
Maximize profit = 120,000x + 180,000y
Constraints
Assembly time constraint: 20x + 25y ≤ 2000 (5 technicians * 40 hours = 2000 hours)
Inspection time constraint: 10x + 15y ≤ 460
Minimum Version 2 production constraint: x ≥ 10 (at least 10 Version 2 Mini-computers)
Non-negativity constraint: x ≥ 0, y ≥ 0
Now let's solve the linear programming problem to find the optimal solution.
Using the constraints, we can evaluate each option:
a. (10, 24): Profit = 120,000 * 10 + 180,000 * 24 = $4,080,000
But this option violates the assembly time constraint (20 * 10 + 25 * 24 = 880 > 2000).
b. (48, 0): Profit = 120,000 * 48 + 180,000 * 0 = $5,760,000.
But this is wrong because the given option is (48,0) $3,960,000
c. (40, 0): Profit = 120,000 * 40 + 180,000 * 0 = $4,800,000
This option satisfies all the constraints.
d. (0, 30): Profit = 120,000 * 0 + 180,000 * 30 = $5,400,000
But this option violates the minimum Version 2 production constraint.
Thus, the option which satisfies all conditions is (40,0) $4,800,000.
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Prompt
What is globalization?
Answer:
In economic terms, it describes an interdependence of nations around the globe fostered through free trade.
Explanation:
The process by which companies, organizations, and nations start working on an international level can be characterized as globalization in economics. The term "globalization" is most frequently used in relation to economics, although it also has an impact on and is influenced by politics and culture.
Globalization is the term used to describe how interconnected and dependent nations and economies are becoming. It is a complex phenomenon that includes global economic, political, technological, cultural, and social integration, among other things. It is crucial to remember that globalization is a complicated and ongoing process whose effects can differ between various nations and populations. While it has created many advantages and opportunities, it has also created difficulties that call for careful management and policy considerations in order to promote a more equitable and sustainable globalization.
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Define liquidity risk and explain how it relates to bonds and bond yields.
Answer:
Liquidity risk is the inability to quickly sell a bond for its full value. This risk exists primarily in thinly traded issues. Default risk is the likelihood the issuer will default on its bond obligations and is the basis for bond ratings.
Liquidity is a prime determiner of yield spreads, explaining up to half of the cross-sectional variation in spread levels and up to two times the cross-sectional variation in spread changes that is explained by the effects of credit rating alone.
Liquidity risk Liquidity refers to the investor's ability to sell a bond quickly and at an efficient price, as reflected in the bid-ask spread. High-yield bonds can sometimes be less liquid than investment-grade bonds, depending on the issuer and the market conditions at any given time.
(If some parts overlap/relate to the exactly to other parts, I'm sorry. But there ya go !)
2/2
John's employer offered him health insurance coverage for $125 per month that would
cover him as an individual. However, he was also offered the option to cover himself, bis
wife, and his child for $295 a month. How much extra would it cost John annually to add
his family to his health insurance?
Which of these investments may be long term? Choose four answers.
savings accounts
mutual funds
bonds
retirement funds
commodities
These long-term investments are the asset size of company balance sheets i.e shown by a company's investments it including stocks, bonds, and real estate these are long-term as they are kept for one than one year.
The long-term investment includes mutual funds, bonds, retirement funds, commodities. These are investments that are made for the long term periods and may be for long-term goals of the individual or the organization.
Thus the options B, C, D, and E are correct.
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The investments may be long term is bonds and retirement funds.
What is long term investment?A long-term investment is an investment owned by an individual or company for more than three year.
This could be a company or an individual asset such as real estate and bonds that takes a long time to mature because they do not generate income immediately.
Therefore, The investments may be long term is bonds and retirement funds
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Refer to table 7-5. If the market price of an orange is $0.70, then the market quantity of oranges demanded per day is
On average, 7 oranges are required each day if an orange costs $0.70 on the open market.
Assume there are only three orange consumers—Alex, Barb, and Carlos—and that there are only three oranges that can be produced each day.
If an orange costs $0.70 on the open market, then 7 oranges are needed on average per day. The table shows how much each of the three possible orange buyers is willing to spend on the first 3 oranges of the day
If the price of one orange, P, satisfies the $0.75 < P < $0.80 market demand for exactly five oranges each day.
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The complete question is.
If the market price of an orange is $0.70, the market quantity of oranges demanded per day is
a. 5.
b. 6.
c. 7.
d. 9.
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The price elasticity of supply reflects the flexibility of firms to increase or decrease the quantity supplied.
Which of the following does NOT increase flexibility?
So far in this chapter, all of the elasticity metrics have been related to the demand side of the market. Knowing how sensitive the amount given is to a change in pricing is also helpful.
Let's say there is a surge in apartment demand. There will be a dearth of flats available at the previous level of rent, which will put pressure on rents to increase. With all other factors remaining constant, the lower the rise in rent necessary to address the shortfall and restore market equilibrium, the more sensitive the supply of available flats is to changes in monthly rates. In contrast, price would need to climb more if quantity provided is less responsive to price changes, resulting in a shortage brought on by a spike in demand.
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Marc puts prices on surfboards and skateboards at his sporting goods store. He is using money as a unit of account
a. true
b. false
At his sporting goods store, True Marc lists prices for surfboards and skateboards. As a unit of account, he is utilizing money.
Public currency and checkable deposits make up M1, while savings deposits, money market mutual funds, and small time deposits are added to M2. Deposits made to savings and checking accounts are also included in MZM.
The Federal Reserve manages the money supply in what way?
The Fed can impact the cash supply by changing store prerequisites, which for the most part alludes to how much subsidizes banks should hold against stores in financial balances. By bringing down the save prerequisites, banks can credit more cash, which builds the general stock of cash in the economy.
What in economics is M1?
Currency that is not held in depository institutions, the Federal Reserve Banks, or the Treasury of the United States; 2) cash items are reduced in the process of demand deposits at commercial banks (excluding amounts held by depository institutions, the United States government, and foreign banks and official institutions).
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Madeline has a credit score of 648. According to the following table, her
credit rating is considered to be which of these?
Il your FICO credit score is
Your credit rating is considered to be
750 - 850
660 - 749
620 - 659
350 - 619
Excellent
Good
Fair
Poor
A. Fair
B. Good
O
C. Excellent
D. Poor
SUMIT
Answer: Fair
Explanation:
Based on the given table, Madeline's credit score of 648 falls within the range of 620-659, which is considered as a "Fair" credit rating.Hence option A is correct.
A credit score is a numerical representation of a person's credit worthiness, and it is calculated based on various factors such as credit history, payment history, credit utilization, and length of credit history. A higher credit score is generally considered more favorable by lenders as it indicates a lower risk of defaulting on loans or credit cards.
A "Fair" credit rating suggests that Madeline may have some negative items on her credit report, such as late payments, collections, or high credit utilization. While she may still qualify for credit products, she may have to pay higher interest rates or put down a larger deposit to secure a loan or credit card.
It's essential for Madeline to continue building her credit score by making timely payments, keeping credit utilization low, and avoiding new credit applications unless necessary.
With consistent efforts, she can improve her credit score and move up to a higher credit rating, which may provide better borrowing opportunities and lower interest rates.
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Two years ago, the price of a bond was $926.00, and one year ago, the price of the bond was $988.00. Over the past year, the bond paid a total of $64.00 in coupon payments, which were just paid. If the bond is currently priced at $949.00, then what was the rate of return for the bond over the past year (from 1 year ago to today)? The par value of the bond is $1,000.
2.63 (plus or minus .02 percentage points)
13.61 (plus or minus .02 percentage points)
2.53 (plus or minus .02 percentage points)
12.12 (plus or minus .02 percentage points)
None of the above is within .02 percentage points of the correct answer
The correct answer to this question is 12.12 (plus or minus .02 percentage points). To find out the rate of return of the bond over the past year, we need to use the formula for calculating rate of return given as;Rate of Return = [(Annual Income + (Ending Price - Beginning Price)) / Beginning Price] × 100, Where; Annual Income = Coupon Payment × Number of Coupon Payments in a year.
By applying the formula, we have; Beginning Price = $988.00 Ending Price = $949.00 Coupon Payment = $64.00 Number of Coupon Payments in a year = 2 Annual Income = Coupon Payment × Number of Coupon Payments in a year= $64.00 × 2= $128.00.
Substituting all the values in the formula, we have; Rate of Return = [(Annual Income + (Ending Price - Beginning Price)) / Beginning Price] × 100= [($128.00 + ($949.00 - $988.00)) / $988.00] × 100= ($128.00 - $39.00) / $988.00 × 100= $89.00 / $988.00 × 100= 9.02%
The rate of return of the bond over the past year is 9.02%.However, we need to convert it into an annual basis; since we were given a semi-annual basis. By doubling the 9.02% rate, we get 18.04%.The answer is 12.12 (plus or minus .02 percentage points).
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Which of the following is not an example of a multichannel retailer?
Answer:A
thats the one
Explanation:
McDonals is the example of multichannel retailer as the company is providing burgers and fries to its different outlets and in diffrent food ordering sites in many countries.
What is multichannel retailer?The technique of selling similar products over multiple channels and platforms is known as multichannel commerce.
The platforms can be both online and offline, with different channels such as brick and mortar stores, online stores, mobile stores, and mobile app stores.
Thus, McDonals is the example of multichannel retailer.
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If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
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When the money market is drawn with the value of money on the vertical axis, if the price level is below the equilibrium level, there is an
A. excess demand for money, so the price level will rise.
B. excess demand for money, so the price level will fall.
C. excess supply of money, so the price level will rise.
D. excess supply of money, so the price level will fall.
Answer:
A.
Explanation:
The value of money will rise so A, excess demand for money, so the price level will rise.
When the money market is drawn with the value of money on the vertical axis, if the price level is below the equilibrium level, there is an excess demand for money, so the price level will rise. Hence, option A is appropriate.
What is the meaning of the money market?Bank accounts, including term certificates of deposit, interbank loans (loans between banks), money market mutual funds, commercial paper, Treasury bills, and securities lending and repurchase agreements are among the items traded in money markets (repos).
A part of the economy that offers short-term funding is the money market. Short-term loans are often made on the money market for a year or less.
Short-term Treasury securities, such as T-bills, certificates of deposit (CDs), commercial paper, repurchase agreements (repos), and money market mutual funds whose investment in these assets are some of the different types of securities that make up the money market.
Local and foreign traders that require quick access to funds can get it through the money market. It offers a provision for bills of exchange to be discounted, which enables quick financing for the purchase of goods and services. The acceptance houses and discount marketplaces are advantageous to international dealers.
Hence, option A is correct.
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Every year more and more animals are facing extinction. We must all help to protocol endangered species essay 140 190 words help
Answer:
?????????????
I just need the points tnx
1. If 2 kilo potato and 3 kilo onion costs 14 while 5 kilo potato and 3 kilo onion costs 26, find the price of potato and kilo cost per kilo. (use: Gauss Jordan Elimination Method)
Explanation:
ELet's use a system of equations to represent the given information:
2p + 3o = 14
5p + 3o = 26
where p is the price of 1 kilo of potato and o is the price of 1 kilo of onion.
We can solve this system of equations using Gauss Jordan elimination:
[ 2 3 | 14 ]
[ 5 3 | 26 ]
Divide Row 1 by 2:
[ 1 3/2 | 7 ]
Multiply Row 1 by -5 and add to Row 2:
[ 1 3/2 | 7 ]
[ 0 -9/2 | -3 ]
Divide Row 2 by -9/2:
[ 1 3/2 | 7 ]
[ 0 1 | 6/9 ]
Subtract 3/2 times Row 2 from Row 1:
[ 1 0 | 2 ]
[ 0 1 | 2/3 ]
Therefore, the solution is p = 2 and o = 2/3, which means the price of 1 kilo of potato is 2 and the price of 1 kilo of onion is 2/3.
To check the solution, we can substitute p = 2 and o = 2/3 into the original equations:
2(2) + 3(2/3) = 4 + 2 = 14 (checks out)
5(2) + 3(2/3) = 10 + 2 = 26 (checks out)
Therefore, the solution is correct.
Why is it necessary to clean vent hood filters on a regular basis?
A.It makes the air cooler
B.It prevents the buildup of grease that could drip into food
C.It prevents a pest infestation
D.It helps the food cook more evenly
Answer:
i think the answer is D
Explanation:
to me it makes the most sense
Cleaning the vent hood filters prevents the grease buildup that could drip into the food.
What is the significance of cleaning filters?The cleaning of filters not only maintains long life of the filters, but also prevents the drawbacks it may bring if not cleaned. The vapor forms grease into the filters over a period.
It is important to clean these filters of the vent hood, so that the filters work effectively without grease buildup that may result in getting dripped into the food while in preparation.
Hence, option B holds true regarding cleaning the filters.
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For which person would renting a home be a better option than getting a mortgage?
A.
Someone who considers it important that the home help build his or her wealth
B.
Someone who wants his or her monthly payments to remain stable for years
C.
Someone who wants to be able to easily move within the next year
D.
Someone who plans to take on major construction projects in the home
Answer: C; Someone who wants to be able to easily move within the next year
Explanation:Just did it on A pex
The person whom renting a home would be a better option than getting a mortgage is:
C. Someone who wants to be able to easily move within the next yearAccording to the given question, we are asked to state the person to whom renting a home would be a better option than getting a mortgage
As a result of this, we can see that the person who does not plan to stay long in the particular area and on the property would be better off renting a home, instead of taking a mortgage because it is a long term loan.
Therefore, the correct answer is option C
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Karen, a driver for Domino's Pizza, leaves the truck's motor running in neutral and carelessly forgets to set the parking brake while she makes a delivery. The truck moves forward and crashes into a nearby electrical pole igniting a fire that spreads quickly to a construction site a block away. A burned wall collapses onto a crane, which falls on Frank, a bystander, and injures him.
Required:
What must Frank show to recover damages from Domino's for the tort of negligence
Answer:
The answer is given in detail below.
Explanation:
In the negligence case, the damages would be recovered if Frank (injured party) as a plaintiff would be able to prove that the Company's driver (Karen) owed him a duty of care, that the duty was breached by the company's driver, that the plaintiff (Frank) was injured and that the injury was caused due to the breach of the duty of care.
In the following case, the crane falling on Frank was the reason for his injury. Therefore, to prove that the duty of care was breached, Frank would have to connect the breach to the injury caused to him. This would require doing the foreseeability test, which questions the fact that the person who caused the injury could have reasonably foreseen the results of the action caused by them due to his or her misconduct. In this problem, the company's driver did breach the duty of reasonable care.
You have a credit card bill from ABC Credit for a total of $3,754. Please group the transactions within the appropriate T-Accounts based on the chart of accounts in your resources section. Within that balance the following transactions are listed:
$420 Office Supplies
$334 Auto (company van payment)
$1500 123 Computers to Go
$250 Electric Company
$100 Water
$150 Good Steak House (company luncheon)
$250 ABC Office Supplies
$100 Fuel Stop
$650 Furniture
Credit card bill from ABC credit have listed a number of expenses made, these needs to be posted according to the relevant accounting heads.
What is Accounting?Accounting is the calculation of cash, in other terms it is the study of debit and credit. The accounting teaches the treatment of different transactions, the transactions are divided in different heads, asset, expense, income, liability and capital.
T Accounts should be made as follows.
Assets
DR $1500 Computers
DR $650 Furniture
DR $334 Van Payment
Expenses
DR $420 Office Supplies
DR $250 Electric Company
DR $100 Water
DR $250 Office Supplies
Petty Expenses
DR $150 Steak House
DR $100 Fuel Stop
The expenses are distributed among the heads that they are relevant to, petty expenses only contains the payment for expenses that are immaterial in nature and amount, Asset account have the payments made for assets.
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Which example best explains the concept of government failure?
A. a failure of governments to meet budgetary needs
B. when government decisions lead to inefficient outcomes
C. the situation in which rebels overtake an established government
D. cessation of government business due to lack of funding
Answer:
D
Explanation:
The best justify the statement was the concept of government failure is cessation of government business due to lack of funding. Thus, option (d) is correct.
What is government?
The term "government" refers to a legal responsibility or system that is managed and directed by an office, public sector, country, or state. the government imposed the law. The government is keeping a close eye on the public's actions. The government imposed the taxes and laws.
The government are the fail to the main reasons such as economic improper budgeting. The government are the sometimes not performing well in the period of the crises. On the another causes was the corruption. Due to the lack of improper money as the business not run as the reason was the funding.
As a result, the government failure in example cessation of government business due to lack of funding. Therefore, option (d) is correct.
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In a certain manufacturing industry, some amount of air pollution is
unavoidable. What would be a reasonable CSR approach for a business to
take in light of this fact?
A. Limit the pollution as much as possible, and invest in research into
new production methods that would be more environmentally
friendly.
B. Because some pollution is unavoidable, the business need not
concern itself with spending money in better equipment and
technology.
C. Because the air pollution is unavoidable, the business should
move into a different field of industry if they are truly committed to
CSR values.
D. Because the pollution is unavoidable, consumers will not holly the
company responsible; the company has no need to implement any
costly practices.
Answer:
Limit the pollution as much as possible, and invest in research into
new production methods that would be more environmentally
friendly.
How To Find The Best Luxury Portable Restrooms In Sacrament
Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.
To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.
You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.
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A preparation outline is used to help organize the speaker's thoughts, ideas, and information. What is the purpose of a presentation outline? Question 14 options:
a. A presentation outline is used to provide copies of the speech to each member of the audience.
b. A presentation outline is used to present only the key points of a speech.
c. A presentation outline helps the speaker remember what to say during his or her speech.
d. A presentation outline is used to explore different patterns of organization.
The purpose of a presentation outline is to help the speaker organize and structure their speech in a clear and logical manner.The outline can also be used to help the speaker remember what they want to say during the presentation, allowing them to focus on delivering the content effectively without worrying about forgetting important details. The correct option is c.
The outline provides a framework for the content that will be presented, ensuring that all important points are covered and that the content is loaded with relevant information. Additionally, a presentation outline can be helpful for the audience as well, providing them with a clear roadmap of what to expect during the presentation and allowing them to follow along with ease.
While it may not be necessary to provide copies of the outline to each member of the audience, having a clear and organized presentation can make a big difference in how well the content is received and understood. Overall, a well-prepared presentation outline is an important tool for any speaker looking to deliver a successful and engaging presentation. The correct option is c.
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What is the main reason that people purchase insurance policies?
A. they want to reduce the cost of their student or personal loans.
B. They want to avoid paying for major unexpected expenses.
C. They want to avoid increasing their monthly premiums
D. They want to invest money in insurance to grow it over time
Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.
What is an insurance policies?An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.
Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.
Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,
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The quantity theory of money states
that MV = PQ.
Given:
M= 30
V = 50
P = 10
What value would "Q" need to be to balance
the equation?
A. 50
B. 100
3. 150
Answer:
3. 150
Explanation:
Substitute the letters for the numbers and solve.
MV = PQ=
30×50 = 1500
10 × 150 = 1500
Q= 150
Rebotar Inc, makes basketballs. Their fixed costs are $3450 Variable costs are $12 per basketball, If the basketball is priced at $25 and 300 basketballs are sold, did Rebotar break even? How do you know Show all work.
Answer:
Break-even points = 265.38
Explanation:
Given:
Fixed cost = $3,450
Variable costs = $12
Selling price = $25
Number of balls sold = 300
Find:
Break even costs
Computation:
Contribution per unit = Sales - Variable costs
Contribution per unit = $25- $12
Contribution per unit = $13
Break-even points = Fixed cost / Contribution per unit
Break-even points = $3,450 /$13
Break-even points = 265.38
Terrell Company reported the following data at the end of its first year of operations on December 31
Equipment
Accounts payable
Owner investments
Terrell, Withdrawals
Services revenue
Rent revenue
Salaries expense
Advertising expense
Utilities expense
$ 22,000
11,000
26,000
9,000
60,000
13,000
41,000
7,000
5,000
(a) Prepare its year-end income statement.
(b) Prepare its year-end statement of owner's equity, using net income calculated in part a.
Answer:
(a) Income Statement for the year ending December 31:
Revenue:
Services Revenue: $60,000
Rent Revenue: $13,000
Total Revenue: $73,000
Expenses:
Salaries Expense: $41,000
Advertising Expense: $7,000
Utilities Expense: $5,000
Total Expenses: $53,000
Net Income: $73,000 - $53,000 = $20,000
(b) Statement of Owner's Equity as of December 31:
Owner Investments: $26,000
Net Income: $20,000
Terrell, Withdrawals: $9,000
Total Owner's Equity: $26,000 + $20,000 - $9,000 = $37,000
Explanation:
Target market demographics can help you determine which ____________________ would be most effective for marketing.
A) business card fonts
B) social media platforms
C) style of flyers
Target market demographics can help you determine which social media platforms would be most effective for marketing. Thus, the correct answer is option B.
A target market is a group of people who have been selected as the most likely potential purchasers for a product based on factors such as age, income, and lifestyle.
When a company creates, packages, and advertises its product, identifying the target market is an important element of the decision-making process and helpful in marketing. Everyone who can be defined as belonging to a given age group, income level, gender, occupation, and education level is included in the target market demographics.
Therefore, the appropriate answer is option B.
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