Refer to Table 13‐6. Each worker at the Wooden Chair Factory costs $12 per hour. The cost of each machine is $20 per day regardless of the number of chairs produced. If the factory produces at a rate of 70 chairs per hour and operates 8 hours per day, what is the factory's total labor cost per day? a. $72 b. $112 c. $576 d. $616
Answers
The rate of production is 70 chairs per hour, which means that in 8 hours the factory will produce 70 x 8 = 560 chairs.
The labor cost per worker is $12 per hour. To calculate the total labor cost per day, we need to determine how many workers are needed to produce 560 chairs in 8 hours.
From the table, we can see that it takes 4 workers to produce 70 chairs in an hour. Therefore, to produce 560 chairs in 8 hours, the factory needs 4 x 8 = 32 workers.
The total labor cost per day is the cost per worker multiplied by the number of workers, which gives $12 x 32 = $<<12*32=384>>384.
However, we also need to add the cost of the machines, which is a fixed cost of $20 per day.
Therefore, the total cost per day for the Wooden Chair Factory is $384 + $20 = $<<384+20=404>>404.
Therefore," the correct answer is not given in the options provided. The closest option is d) $616, which is not the correct answer. The correct answer is $404."
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Related Questions
parking costs are incurred regardless of how well an event does.
Answers
Answer:
Fixed
Explanation:
The Answer is Fixed Parking because is depending on how the event changes on increasing or decreasing ticket pricing after the service revenue sold
The fixed parking costs are incurred regardless of how well an event does.
What is fixed packing cost?The cost of packing that occurred either any product is made or not is called as the fixed cost. This cost occurred if any product is generated from the product.
Regardless matter how well an event performs, the set parking charges must be paid. This type of cost is incurred on the packing of any product that is going to be marketed.
Therefore, sometimes the fixed packing cost incurred if product is not made.
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what's a participation certificate? unset starred question a mortgage-backed security issued by fannie mae a mortgage-backed security issued by farmer mac a mortgage-backed security issued by freddie mac an advance made by the federal home loan bank
Answers
A participation certificate is a type of financial instrument that represents an ownership interest in a pool of assets, such as mortgages. It is typically issued by government-sponsored enterprises (GSEs) like Fannie Mae, Freddie Mac, or Farmer Mac.
These certificates allow investors to participate in the cash flows generated by the underlying assets, usually through interest payments and principal repayments. The GSEs issue participation certificates as a way to raise funds for lending activities, particularly in the mortgage market.
They provide investors with a means of diversifying their portfolios and accessing income streams from mortgage-backed securities. In summary, a participation certificate is a type of mortgage-backed security issued by GSEs, representing an ownership stake in a pool of mortgages.
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PLEASE HELP! I'M DOING A TEST!!!
Which analyst position analyzes information using mathematical models to help business managers make decisions?
A) Budget Analyst
B) Management Analyst
C) Credit Analyst
D)Operations Research Analyst
Answers
Answer:
operations research analyst
Suppose that a government decided to collect all of its revenue through a tax on tap water. Explain why this tax would or would not be fair.
Answers
Collecting revenue through a tax on tap water would not be fair because it is not based on the ability to pay.
What is tax fairness?Tax fairness can be described as a principle that states that a government's tax system should be equitable to all taxpayers.
Tax fairness advocates think that taxes should be based on the ability to pay of taxpayers.
The concept of ability to pay assumes that people with varying levels of wealth or income should pay varying levels of taxes.
Since collecting revenue through a tax on tap water is not based on the ability to pay, this tax would therefore not be fair.
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Explain how making this substitution affects each of the
following instructions:
add $9, $8, $7
sw $4,16($2)
beq $3, $11, exit ; the label "exit" corresponds to address
0x400BD000
Answers
The substitution of `$4` for `$5` affects each of the given instructions as explained below:
add $9, $8, $7Substituting `$4` for `$5` does not affect this instruction. It will still add the contents of registers `$8` and `$7`, then store the result in register `$9`.sw $4,16($2)This instruction will be affected by the substitution. `$4` will be stored at memory address `$2+16`, which is the same as `$2+0x10` in hexadecimal notation. Thus, `$5` will be stored at the memory location `$2+16` rather than `$2+20`.beq $3, $11, exit the label "exit" corresponds to address 0x400BD000This instruction will also be affected by the substitution. The label "exit" will correspond to memory address `0x400BD000`. Therefore, the instruction will compare the contents of registers `$3` and `$11`, and if they are equal, the program will branch to memory address `0x400BD000`. However, this address will not be the actual address of the exit label due to the substitution. Thus, the branch will go to a different memory address that corresponds to the new location of the exit label after the substitution has been made.
About SubstitutionSubstitution are goods that can be exchanged for other products. Substitute goods are goods that are the same as other products. In a sense, substitute goods can be an alternative to the main product you are looking for. This one element can be considered in business strategy. What is meant by substitution? Substitution is the process of replacing a language element by another element to produce a distinguishing element or to explain a certain element. Substitution has the same structural function as what it replaces and can be replaced by interpretation items.
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Nellie has a bankruptcy on her credit report and therefore pays higher interest rates on her current loans. She took out a car loan for $45,000 payable for 6 years at an interest rate of 15%. If she had not applied for bankruptcy, she would have been able to take out the loan at a rate of 6%. Approximately how much more in interest over the life of the loan does nellie have to pay?.
Answers
Over the life of the loan, Nellie has to pay approximately $139.89 more in interest each month due to her bankruptcy.
An amortization schedule is a table that shows the principal and interest payments due on a loan over time, and it helps us to determine the total interest paid over the life of the loan.
The formula used to calculate the monthly payment takes into account the loan amount, interest rate, and loan term to determine the amount that must be paid each month to fully repay the loan at the end of the term.
First, we can calculate the monthly payment for the car loan at 15% interest:
Loan amount = $45,000
Interest rate = 15%
Term (in months) = 6 years x 12 months/year = 72 months
Monthly payment = loan amount x (interest rate/12) / (1 - (1 + (interest rate/12))^(-term))
Monthly payment = $45,000 x (0.15/12) / (1 - (1 + (0.15/12))⁻⁷²
Monthly payment = $904.56
Next, we can calculate the monthly payment for the same car loan at 6% interest:
Loan amount = $45,000
Interest rate = 6%
Term (in months) = 6 years x 12 months/year = 72 months
Monthly payment = loan amount x (interest rate/12) / (1 - (1 + (interest rate/12))^(-term))
Monthly payment = $45,000 x (0.06/12) / (1 - (1 + (0.06/12)⁻⁷²
Monthly payment = $764.67
The difference between the two monthly payments is:
Difference = $904.56 - $764.67 = $139.89
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The _____ is a voice for small business.
SCORE
SBDC
SBA
PLEASE HURRY 15 POINTS AND BRAINLIST TO FIRST PERSON TO ANSWER CORRECTLY
Answers
Answer:
I believe it's the SBDC but I'm not 100% sure tho
Answer:
SBA
Explanation:
its also called NFIB i think
Explain how marketing discovers and satisfies consumer needs.- Discovering the needs of prospective customers: Marketers often use customer surveys, concept tests, and other forms of marketing research to better understand customer ideas. Many firms also use "crowdsourcing" websites to solicit and evaluate ideas from customers.- (1) focus on what the customer benefit is, and (2) learn from past mistakes.- Satisfying needs: Identify a Target Market—one or more specific groups of potential consumers toward which an organization directs its marketing program.- Three specific groups that benefit from effective marketing: consumers who buy, organizations that sell, and society as a whole.- After identifying your target market, develop the 4 Ps: (Marketing Mix)- Product. A good, service, or idea to satisfy the consumer's needs.- Price. What is exchanged for the product.- Promotion. A means of communication between the seller and buyer.- Place. A means of getting the product to the consumer.
Answers
Marketing discovers and satisfies consumer needs through a combination of research, targeting, and utilizing the marketing mix. To discover consumer needs, marketers employ methods such as customer surveys, concept tests, and crowdsourcing to gain insights into customer preferences and ideas.
This allows them to focus on customer benefits and learn from past mistakes. To satisfy consumer needs, marketers first identify a target market, which consists of one or more specific groups of potential consumers. Effective marketing benefits consumers, organizations, and society as a whole. After identifying the target market, marketers develop the 4 Ps or marketing mix to cater to these needs.
1. Product: Offering a good, service, or idea that satisfies the consumer's needs.
2. Price: Establishing an appropriate exchange value for the product.
3. Promotion: Utilizing communication methods to inform and persuade buyers about the product.
4. Place: Ensuring the product is easily accessible to the consumer.
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which microbes is used to extract ethanol from fruit juice and sugar molasses ·
Answers
Answer:
Yeast
Explanation:
A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.
Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.
output is where quantity demanded and quantity supplied are equal in a competitive market
Answers
Equilibrium is the point where quantity demanded equals quantity supplied in a competitive market.
In a competitive market, the point at which quantity demanded and quantity supplied are equal is known as equilibrium. At this point, there is no shortage or surplus of goods or services, and the market is in balance. Equilibrium occurs at the intersection of the demand and supply curves, where the quantity demanded by consumers matches the quantity supplied by producers.
This equilibrium price and quantity reflect the market-clearing conditions, where buyers and sellers agree on the terms of exchange. Any deviation from this equilibrium point will create either excess demand (shortage) or excess supply (surplus), which will exert pressure on prices and drive the market back towards equilibrium.
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how many questions are on the math section of the ACT test
Answers
Answer:
isnt it usually 60?
Explanation:
step-by-step
What is the best way to provide recruitment, training, and
performance management solutions for 50 new employees for a large company?
(you want to answer this as an HR manager.)
Answers
As an HR manager, the best way to provide recruitment, training, and performance management solutions for 50 new employees is to follow a comprehensive and structured approach.
The following steps can be taken to ensure a successful onboarding process:
1. Recruitment: Start by developing a recruitment strategy that includes job descriptions, job postings, screening criteria, and interview questions. Utilize a variety of recruitment sources to attract a diverse pool of candidates. Conduct thorough background checks and reference checks to ensure that the candidates meet the requirements of the job.
2. Training: Develop a comprehensive training program that covers the company's policies and procedures, job-specific skills, and soft skills such as communication and teamwork. Provide both classroom and on-the-job training opportunities to ensure that the employees have the necessary knowledge and skills to perform their job duties effectively.
3. Performance Management: Set clear expectations for performance and provide regular feedback to employees. Develop a performance management system that includes performance evaluations, goal-setting, and coaching. Recognize and reward employees for their achievements and provide support and guidance to help employees improve their performance.
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Creating an anonymous complaint or grievance process is something
employers can implement to prevent which of the following?
O A. Layoffs
B. Harassment
C. Taxed income
D. Arguments
Answers
hope I could help goodluck
Four people are applying for a job. This chart shows the company’s favorite characteristic of each of these job applicants:
Answers
Explain how productivity, demand, and availability/supply affect the values attached to money payments.
Answers
Answer:
The law of supply and demand is an economic theory that explains how supply and demand are related to each other and how that relationship affects the price of goods and services. It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise.
There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services. If there is a decrease in the supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.
The same inverse relationship holds for the demand for goods and services. However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.
Supply and demand rise and fall until an equilibrium price is reached. For example, suppose a luxury car company sets the price of its new car model at $200,000. While the initial demand may be high, due to the company hyping and creating buzz for the car, most consumers are not willing to spend $200,000 for an auto. As a result, the sales of the new model quickly fall, creating an oversupply and driving down demand for the car. In response, the company reduces the price of the car to $150,000 to balance the supply and the demand for the car to reach an equilibrium price ultimately.
The law of supply and demand is an economic theory that explains how supply and demand interact and how this influences the pricing of products and services. When supply exceeds demand for an item or service, prices fall. This is a basic economic premise. Prices tend to rise when demand exceeds supply.
When demand is constant, the supply and prices of products and services have an inverse relationship. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services when supply for goods and services increases while demand remains constant.
When the supply of products and services falls while demand remains constant, prices increase to a higher equilibrium price and a reduced quantity of goods and services are produced.
• The demand for products and services has the same inverse relationship. When demand rises but supply stays constant, the increased demand results in a higher equilibrium price, and vice versa.
• Supply and demand fluctuate until a price equilibrium is reached. Assume a premium vehicle manufacturer sets the price of their new model at $200,000.
• While the initial demand for the car may be great due to the company's marketing efforts, most people are unwilling to spend $200,000 on a vehicle.
• As a result, sales of the new model plummet, resulting in an oversupply and lower demand for the vehicle.
• As a result, the corporation lowers the price of the car to $150,000 in order to balance supply and demand for the vehicle and eventually establish an equilibrium price.
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evidence based management prizes gut feelings and previous experience over knowledge and science. group of answer choices true false
Answers
Evidence- based management prioritizes once knowledge and experience over knowledge and wisdom. It's true.
Evidence- based operation is grounded on an ideal and rational view of the world and proposes veritably rational decision- making styles.
still, a rational and factual approach may not give sufficient credence to instinct and feeling. When making opinions, decision makers should consider data and substantiation, but not ignore suspicion, hunches and passions.
substantiation- grounded operation is an approach that designedly rejects accepted conventions and scales of opinion and rather uses critical thinking and the stylish available substantiation to guide opinions. substantiation- grounded operation helps companies take the right conduct to invest in the right places, make smarter opinions and reduce threat
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What strategic issues arise as a firm considers whether and how to transfer internationally the unique skills, and associated products, that result from the distinctive competencies it has developed in its home country?
Answers
When a firm considers transferring its unique skills and associated products , strategic issues may arise due to differences in cultural, economic, and competitive environments. These issues include: 1. Adaptation to local markets, 2. Intellectual property protection 3. Political and regulatory risks
Adaptation to local markets: Firms need to assess whether their distinctive competencies can be adapted to suit the preferences and needs of customers in foreign markets. This may require modifying products or services to meet local tastes, preferences, and regulations.
Intellectual property protection: Transferring unique skills and products internationally increases the risk of competitors copying or infringing upon the firm's intellectual property. Ensuring robust protection mechanisms and enforcing intellectual property rights can be challenging across different legal jurisdictions.
Political and regulatory risks: The firm must navigate different political systems and regulatory environments, which can impact its ability to operate successfully. These factors include tariffs, trade restrictions, and government policies that may favor domestic competitors.
In conclusion, a firm must carefully evaluate these strategic issues when considering international expansion to ensure that it can effectively leverage its distinctive competencies and achieve sustainable growth in foreign markets.
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The Federal Securities Act and the Securities Exchange Commission aimed to a prohibit completely the sale of stocks on margin (i.e. with borrowed funds). b prevent interlocking directorates and business pyramiding schemes. c provide full disclosure of information and prevent insider trading and other fraudulent practices. d stop the practice of establishing interlocking directorates on America's corporate boards that produced controversial conflicts-of-interest in the governance of American businesses. e force stockbrokers to register with the federal government.
Answers
Answer:
c. provide full disclosure of information and prevent insider trading and other fraudulent practices.
Explanation:
The Security Act of 1933 was a step initiated towards the regulation of the stock market. The power was shifted from the hands of State legislation and granted to the federal government to regulate the stock market. It was also designed in a way that it provided the set of rules that helped in preventing any act of fraudulent. President Franklin D. Roosevelt signed and passed the act.
.based on this question require
1)prepare the subscriptions account for the club
2)prepare the shop trading account for the club
3) prepare the income and expenditure account for the club
Kelab Buku Kuala Nerus (KBKN) was formed three years ago. The club provides variation popular book genres for members to read. In addition, the club also operates a shop selling books and reading accessories. The financial year of KBKN ends on 31st December 2021. The treasurer provided the following information: Additional information: 1. The new equipment is depreciated by 15% per annum. No depreciation is charged in the year of disposal. 2. Subscription received during current year amount of RM12,200. 3. Subscription received in advance during the previous year amount of RM300. 4. Subscriptions received in advance for subsequent year amount of RM500. Require For the year ended 31st December 2021: 1. prepare the subscription account for the club 2. Prepare the shop trading accounts for the club 3. Prepare the income and expenditure account for the club
Answers
Subscription account for the club: The subscription account for the club will include all the information regarding the subscription received by the club from its members. It will record all the amounts received by the club as subscriptions in a given financial year.
1. Subscription account for the club: The subscription account for the club will include all the information regarding the subscription received by the club from its members. It will record all the amounts received by the club as subscriptions in a given financial year. The subscription received during the current year is RM12,200, and the subscriptions received in advance during the previous year is RM300. The subscriptions received in advance for the subsequent year amount to RM500. Thus, the subscription account for the club for the year ended 31st December 2021 will be as follows:
Subscription Account for the Year Ended 31st December 2021
Particulars RM Particulars RM
Subscription received during the current year 12,200 Subscription received in advance during the previous year 300
Subscriptions received in advance for the subsequent year 500
Total 13,000 Total 300
2. Shop trading accounts for the club: The shop trading account will include all the information regarding the sale of books and reading accessories by the club. The club operates a shop that sells books and reading accessories, and the club will record all the sales made by the shop during a given financial year. The shop's cost of goods sold and the gross profit earned will also be recorded in the shop trading account. The shop trading account for the club for the year ended 31st December 2021 will be as follows:
Shop Trading Account for the Year Ended 31st December 2021
Particulars RM Particulars RM
Sales xxx Cost of goods sold xxx
Gross profit xxx
Total xxx Total xxx
3. Income and expenditure account for the club: The income and expenditure account for the club will include all the information regarding the income and expenses incurred by the club during the financial year. The club will record all the income earned and expenses incurred during the financial year. The income will include subscriptions received, and the expenses will include depreciation on new equipment and other expenses incurred by the club. The income and expenditure account for the club for the year ended 31st December 2021 will be as follows:
Income and Expenditure Account for the Year Ended 31st December 2021
Particulars RM Particulars RM
Subscription received xxx Depreciation on new equipment xxx
Other expenses xxx
Total income xxx Total expenditure xxx
Surplus/deficit (Income – expenditure) xxx
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Please Help!!!! My 5th time posting this please actually help me!
In the workplace, new devices and technologies are transforming the way we exchange information and conduct business. List and concisely describe at least six electronic communication channels used most commonly by businesspeople today.
Answers
Answer: My answer is in the photo below. Hope it helps.
Promotional discounts are given to stores by manufacturers to place their products in preferred locations in the store and to display their products in a ski manufacturer sells a local ski shop 35 pairs of their new store window: skis for $7000, which is a discount of $2,625. What is the percentage of the discount given to the store? (Round your answer to the nearest whole percent.)
Answers
Answer:
27%
Explanation:
The ski was sold for $7,000 which has a discount of $2,625.
the price before discount is
= $7,000 + $2,625.
=$9,625
the discount as a percentage
=$2,625 / $9,625 x 100
=0.272727 x 100
=27.27%
=27%
Forrester Company is considering buying new equipment that would increase monthly fixed costs from $120,000 to $150,000 and would decrease the current variable costs of $70 by $10 per unit. The selling price of $100 is not expected to change. Forrester's current break-even sales are $400,000 and current break-even units are 4,000. If Forrester purchases this new equipment, the revised break-even point in dollars would be: $300,000. $400,000. $325,000. $500,000. $375,000.
Answers
Answer: $375,000
Explanation:
Given the following :
Selling price = $100
New variable cost per unit =$(70 - 10) = $60
New fixed cost = $150,000
Break-even point in dollars:
Fixed costs/Contribution margin ratio
contribution Margin Ratio
[(selling price per unit - total variable cost per unit) /selling price per unit]
= [($100 - $60) / $100]
$40 / $100 = 0.4 = 40%
Break-even point in dollars:
$150,000 / 0.4 = $375,000
if you are filing single using the standard deduction of $12,500 and have no adjustments, itemized deductions, or tax credits.
Answers
If you are filing single using the $12,500 standard deduction and have no adjustments, itemized deductions or tax credits, your annual taxable income will be determined by subtracting the $12,500 standard deduction from your total income.
What would your tax rate look like?Assuming your total annual income is $40,000, your taxable income will be your total income minus the standard deduction, in which case it would be:
$40,000 - $12,500 = $27,500.Therefore, despite the calculation, your annual tax rate will be directly influenced by the tax ranges defined by the government in that period.
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Cliff (w-2 wages: $16,228) and deb (w-2 wages: $2,600) send their daughter julia (born 10-1-2010) to daycare while they both worked. They paid $200 per month for daycare. They are filing mfj. They can claim the credit for child and dependent care expenses.
Answers
Since Cliff (W2 wages: $16,228) and Deb (W2 wages: $2,600) send their daughter Julia (born 10-1-2006) to daycare while they both worked. They paid $200 per month for daycare. They are filing MFJ. They can claim the credit for child and dependent care expenses is true.
Their eligible amount of work-related daycare expenses is option a. $1,800
What is the wages about?Cliff and Deb can claim the credit for child and dependent care expenses as they both worked and paid for daycare for their daughter Julia while they were working.
In order to be eligible for the credit for child and dependent care expenses, the expenses must have been incurred for the care of a qualifying individual, and the care must have been provided in order for the taxpayer to be able to work or look for work.
Additionally, the child must have been under the age of 13 when the care was provided. Julia being born on 10-1-2006 means she was under 13 when the care was provided. The credit can be taken as a percentage of the expenses they paid, up to a maximum amount based on their income.
The eligible amount of work-related daycare expenses for Cliff and Deb would be $1,800. As they file jointly, their combined W2 wages are $16,228 + $2,600 = $18,828.
That combined with $200 per month for daycare the maximum amount of the credit they can claim is limited to $1,800 which is usually lower than the total cost of the daycare. Note that these amounts can vary depending on the laws and regulations of each state, so it's best to check for the most recent information.
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See full question below
Cliff (W2 wages: $16,228) and Deb (W2 wages: $2,600) send their daughter Julia (born 10-1-2006) to daycare while they both worked. They paid $200 per month for daycare. They are filing MFJ. They can claim the credit for child and dependent care expenses.
True or False
Marthyda Ebireri
Cliff (W2 wages: $16,228) and Deb (W2 wages: $2,600) send their daughter Julia (born 10-1-2006) to daycare while they both worked. They paid $200 per month for daycare. They are filing MFJ. They can claim the credit for child and dependent care expenses. What is their eligible amount of work-related daycare expenses?
Choose one answer.
a. $0 b. $1,800 c. $2,400 d. $2,600 e. None of these
How do you calculate the profit margin for a business?
Answers
Answer:
by dividing your net income by your revenue (net sales)
then multiply your answer by 100
(ni/r)×100
The formula for calculating profit margin is:
( Total Revenue - Total Expenses ) / Total Revenue.
the amount of a product that would be offered for sale at a wide array of prices that would prevail in the market refers to:
Answers
The amount of a product that would be offered for sale at a wide array of prices that would prevail in the market refers to the supply of the product.
What is supply?Supply is the total amount of a commodity or service that a producer, or a group of producers, is willing to offer to the market at various price points during a particular period of time. As a result, supply is a fundamental principle in economics that reflects how much of a good or service is available to consumers at various prices.
In general, the supply of a product is influenced by several variables, such as price, production costs, technology, and others. Therefore, it is important to note that the supply of a product can fluctuate based on various factors, and therefore the price of a product can also vary accordingly, with a wide array of prices prevailing in the market.
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Which group tried to learn American Indian languages and customs?
What programs are always running when your computer is turned on? Enter the names of the programs in the space provided.
Answers
Answer:
The French
Explanation:
Edge babyyyyy
How will you know if Nomental, Inc. has chosen to focus on traditional career paths for its employees
Answers
To determine if Nomental, Inc. has chosen to focus on traditional career paths for its employees, you can look for a few key indicators.
To determine if Nomental, Inc. has chosen to focus on traditional career paths for its employees, you can look for a few key indicators. First, you can review the job descriptions and requirements for open positions to see if they align with traditional career paths. For example, if the company is hiring for roles such as accountants, marketing managers, or human resource specialists, this may suggest a focus on traditional career paths.
You can also look for evidence of training and development programs that are geared towards building skills and competencies needed for traditional career paths. For instance, if the company offers training in areas such as project management, leadership, or financial analysis, this may be an indication of a traditional career path focus.
Lastly, you can observe the career progression of current employees. If most employees have followed a traditional path of moving up the organizational ladder through promotions or lateral moves within the same functional area, this may suggest that the company values traditional career paths. In contrast, if employees have pursued non-traditional paths, such as switching departments or taking on unconventional roles, this may suggest a more flexible approach to career development.
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5-1 Activity: Walt Disney Working Capital Management
FIN-320 Principles of Finance
Answers
Working capital management refers to the management of a company's short-term assets and liabilities to ensure its daily operations run smoothly.
It involves monitoring and optimizing the levels of current assets (such as cash, accounts receivable, and inventory) and current liabilities (such as accounts payable and short-term debt).
In the context of Walt Disney, a company with extensive operations in the entertainment and media industry, effective working capital management is crucial for supporting its ongoing business activities. Here are some key considerations related to Walt Disney's working capital management:
Cash Management: Walt Disney needs to manage its cash flows efficiently to ensure it has sufficient funds to cover its operating expenses, investments, and dividend payments. This involves monitoring cash inflows and outflows, optimizing cash balances, and investing excess cash wisely.
Accounts Receivable: Walt Disney offers various products and services, including theme park admissions, merchandise sales, and licensing deals. It must effectively manage its accounts receivable to ensure timely collection of payments and minimize the risk of bad debts.
Inventory Management: As a company involved in film production, merchandise sales, and theme park operations, Walt Disney must carefully manage its inventory levels. It needs to balance maintaining sufficient inventory to meet customer demand while avoiding excessive inventory carrying costs.
Accounts Payable: Walt Disney interacts with numerous suppliers and vendors. Effective management of accounts payable involves negotiating favorable payment terms, monitoring payment schedules, and optimizing cash flow by paying suppliers on time while taking advantage of any available discounts.
Short-Term Financing: Walt Disney may use short-term financing options, such as lines of credit or commercial paper, to manage its working capital needs during peak seasons or when faced with temporary cash flow challenges.
The goal of working capital management is to maintain a balance between liquidity, profitability, and operational efficiency. By effectively managing its working capital, Walt Disney can enhance its financial stability, improve cash flow, and support its growth initiatives.
It's important to note that the specific details and strategies of working capital management can vary based on factors such as industry dynamics, company size, and financial objectives. For a comprehensive understanding of the topic and the specific activity requirements for "FIN-320 Principles of Finance," it would be best to refer to your course materials and follow the instructions provided by your instructor.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.