Suppose that you put $4,500 in a savings account at the beginning of the year and that you are promised 3% interest on your savings. At the end of the year, you will have

Answers

Answer 1

Given that $4,500 is invested in a savings account and promised 3% interest on the savings, we need to calculate the amount that will be received at the end of the year.

Interest is calculated by multiplying the principal amount and the rate of interest and then dividing it by the number of periods. In this case, the principal is $4,500, and the rate of interest is 3%.Therefore, Interest = (principal × rate of interest) / number of periods= (4500 × 3) / 100= $135

The interest received is $135 per year, so the total amount at the end of the year is: Total amount = principal + interest= $4,500 + $135= $4,635Therefore, at the end of the year, $4,500 invested at 3% interest would be $4,635.

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Related Questions

Which is the end result of a review process that shows voluntary compliance with guidelines of an external, nonprofit organization

Answers

The end result of a review process that shows voluntary compliance with guidelines of an external, nonprofit organization can be a certification or accreditation.

A certification is a recognition that an organization has met certain standards set by an external body. This recognition is often displayed through a logo or seal that can be used on the organization's marketing materials. Accreditation, on the other hand, is a more comprehensive review process that evaluates an organization's entire operations, including its policies, procedures, and practices.

Accreditation is typically a more involved process that requires an organization to demonstrate ongoing compliance with standards over time. Both certifications and accreditations are voluntary and demonstrate an organization's commitment to meeting certain standards of quality or best practices.

These recognitions can be valuable for marketing and branding purposes, as well as for establishing credibility and trust with customers or stakeholders. Additionally, certifications and accreditations can help an organization identify areas for improvement and establish a culture of continuous improvement.

Overall, voluntary compliance with external nonprofit organization guidelines can lead to a variety of benefits for an organization, including improved reputation, increased customer trust, and enhanced operational excellence.

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Identity theft and financial fraud
have declined in recent years.
TRUE,
FALSE

Answers

Answer:

false

Explanation:

I hate the us school system and how the pull out bs subjective questions like this, what year is it, what country, time period, stuff like that helps and big schools dont give us it

Answer:

false

Explanation:

hope it helps thank you

Thornton Airline Company is considering expanding its territory. The company has the opportunity to purchase one of two different used aiplanes. The first airplane is expected to cost $18,360,000; it will enable the compary to increase its annuat cash intlow by $6.800.000 per year. The plane is expected to have a usefut life of five years and no salvage value. The second plone costs $34,020.000, it will enable the company to increase annual cash flow by $8.300.000 per yeac. This plane has an elght-year useful life and a rero salvage value. Required a. Determine the payback period for each investment altemotive and identify the alternstive Thomton should accept if the decision is based on the payback approach. (Round your answers to 1 decimat place.) payback period
a-1 alternative 1 (first palne) ________ alternative 2 (second plane) ________
a-2 thornton should accept ________

Answers

Based on the payback approach, Thornton Airline Company should accept Alternative 1, the first airplane, as it offers a shorter payback period and a quicker return on investment.

In evaluating the expansion options for Thornton Airline Company, we need to calculate the payback period for each investment alternative and identify the preferable choice based on the payback approach. The first airplane costs $18,360,000 and generates an annual cash inflow of $6,800,000 for five years, with no salvage value. Using the payback period formula (initial investment divided by annual cash inflow), we find that the payback period for the first alternative is 2.7 years.

On the other hand, the second airplane costs $34,020,000 and provides an annual cash inflow of $8,300,000 for eight years, also with no salvage value. Calculating the payback period for the second alternative, we find it to be 4.1 years.

Based on the payback approach, where the investment with the shorter payback period is typically preferred, Thornton Airline Company should choose the first alternative. With a payback period of 2.7 years, the first airplane offers a quicker return on investment compared to the second alternative's 4.1-year payback period.

In summary, the payback period for the investment alternatives is as follows: Alternative 1 (first plane) has a payback period of 2.7 years, and Alternative 2 (second plane) has a payback period of 4.1 years. Therefore, based on the payback approach, Thornton Airline Company should accept Alternative 1, the first airplane, as it offers a shorter payback period and a quicker return on investment.

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Intercontact INC. is a young and successful Southern California-based company. It manufactures highly sophisticated components that are used in both fixed line and cellular telephony. The relevant basic data on costs and market conditions for its ICX switch in the U.S. are the following (these data refer to a batch consisting of 10,000 units of the ICX):
i) Incremental (or marginal) costs of producing, shipping and selling an additional batch is equal to $75,000
. ii) Fixed annual costs (production, marketing, administrative and so on): $30,000,000. iii) Past experience has shown that the U.S. market for this type of switch is quite sensitive to price changes.
After seriously researching the issue, the company’s marketing department has concluded that if the price increases (decreases) by 1%, sales will decline (increase) by 2%. Detailed and careful statistical and technical analyses have confirmed that in the U.S. the company faces a price elasticity of demand equal to –2. In the U.S. the company charges $120,000 per batch, and last year total sales amounted to 4,000 batches. Last year total revenues were $480 million and total costs were $330 million.
a) Review the pricing model(s) being used in the US. What can you find out – is the firm setting the optimal price and output level?
b) What additional type of information would you like to have in order to undertake a more complete analysis?

Answers

(a) The firm is currently using a cost-plus pricing model based on incremental costs. (b)  The additional information on competitors, market research, cost breakdown, and price elasticity at different price points would be valuable for a more comprehensive analysis.

a) The pricing model being used by the company in the US appears to be based on cost-plus pricing. This means that the company sets the price by adding a markup to the incremental costs of producing, shipping, and selling an additional batch ($75,000). However, this pricing approach does not take into account the market conditions and price sensitivity of the customers.

To find the optimal price and output level, the company should consider the point where marginal revenue (MR) equals marginal cost (MC) to maximize profits. In this case, since the demand is price elastic (PED = -2), the optimal price and output level would be lower than the current price of $120,000 per batch.

b) To undertake a more complete analysis, additional information would be helpful, such as:

Information on competitors: Understanding the competitive landscape and pricing strategies of other companies manufacturing similar components would provide insights into market dynamics and potential pricing opportunities.

Market research: Gathering more comprehensive market research data, including customer preferences, buying behaviors, and demand forecasts, would enhance the understanding of market conditions and price sensitivity.

Cost breakdown: Detailed information on fixed and variable costs would allow for a more accurate assessment of profitability and cost-effectiveness.

Price elasticity at different price points: Obtaining data on price elasticity at various price levels would enable a more refined analysis of the demand response to price changes and aid in determining the optimal pricing strategy.

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One disadvantage of credit is
a) the use of goods while paying for them.
b) the forced savings features of credit.
c) Impulse buying by credit users,
d) building a credit reputation.

Answers

Answer:

C

Explanation:

The other answers are either positive or neutral. C is a disadvantage because credit card users assume credit = debit, and end up paying a lot of interest if they don't have enough cash in their checking accounts to pay their monthly statements. With credit cards, users think they can buy a lot without having money on hand at first, leading to impulse buy.

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Which economic effect does a central bank hope to achieve by buying back large amounts of treasury security

Answers

A. It hopes to reduce the amount of money available for lending.

Explanation:

Usually, the central bank(Federal reserve) control the supply of money in circulation in the economy so that the nation's economy would be healthy. One of the ways through which the federal reserve controls the quantity of money in circulation is by selling or purchasing of government securities through a process known as open market operation.

If the federal reserve sells government securities such as treasury bills, in large quantities, its aim is to reduce the amount or quantity of money available to commercial banks for lending, hence mop up the quantity of money in circulation.

Also, if the federal reserve buys government securities, its aim is to make more money available in large quantities to commercial banks and other institutions, hence have more cash to lend people.

The economic effect that central bank are trying to effect by the process of buying back large amounts of treasury security is bring reduction to amount of money available for lending.

Treasury notes as well as bonds are securities that brings about payment of fixed rate of interest which is usually done every six months till the  security reach a stage of maturity.

The central bank do buy large amounts of treasury security so that the money that can be available for lending can be reduced.

Therefore, this process are put in place to balance the economy.

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Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because

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No lo sé pero ahora lo investigaré

In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and.

Answers

In managing its product portfolio, 3m demands that a specific percentage of its yearly sales come from new products introduced within the previous few years to better withstand external shocks and manage risk through diversification.

Demand is a monetary time period that refers to the number of products or services that purchasers want to buy at any given rate level. The mere choice of a client for a product isn't to demand. Call for includes the shopping electricity of the purchaser to collect a given product at a given length.

The rate of the coolest or carrier. The earnings of shoppers. The prices of related items or services—either complementary and purchased alongside a particular object or substitutes sold in preference to a product. The tastes or preferences of clients will pressure demand.

Call for is a representation of a consumer's desire to buy items and services; it acts as a size of a consumer's willingness to buy a particular proper or service at a given fee.

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Which situation would most likely cause a currency with a flexible exchange rate to increase in value?

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Answer:

:A currency with a flexible exchange rate is one that is determined by supply and demand in the foreign exchange market. Therefore, the most likely situation that would cause a currency to increase in value is an increase in demand for that currency relative to its supply.

This can happen for a variety of reasons, such as an increase in foreign investment in the country, an increase in exports, or a decrease in the supply of the currency due to government intervention or a decrease in the money supply.

For example, if a country has a strong economy and is seen as a safe place to invest, foreign investors may want to buy more of that country's currency, causing its value to increase. Similarly, if a country's exports become more competitive due to a decrease in the value of its currency relative to other currencies, demand for that currency may increase, causing its value to rise.

Which of the following would most likely negatively affect a person's net worth?

A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account

Answers

Answer: c

Explanation:

$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c)  a $500,000 mortgage is correct.

What is net worth?

Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.

A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.

The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.

Therefore, option (c)  a $500,000 mortgage is correct.

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why is cooperative a value lead and value based organization?

I need the anwers right now. ​

Answers

Answer:

Co-operatives throughout the world share a set of values that give them their distinctive character.

Self-help

In co-operatives, people help each other whilst helping themselves by working together for mutual benefit.

Self-responsibility

Individuals within co-operatives act responsibly and play a full part in the organisation.

Democracy

A co-operative will be structured so that members have control over the organisation – one member, one vote.

Equality

Each member will have equal rights and benefits (according to their contribution).

Equity

Members will be treated justly and fairly.

Solidarity

Members will support each other and other co-operatives.

Consider the following particulars about an alternative

Initial cost = $420000
Equivalent annual benefit = $116520
Life (years) = 5

(i) Draw a cash flow diagram for the alternative.
(ii) Find the Internal Rate of Return of the alternative.
(iii) If the MARR(Minimum Attractive Rate of Return) is 14%, should the alternative be accepted? Why?

Answers

This is because it provides a return greater than the minimum required return of 14%.Given the particulars about an alternative, the steps to find the Internal Rate of Return of the alternative are as follows:Step 1: Find the PV of cash inflows and cash outflows.

Calculate the IRR by interpolation.IRR is the rate that equates the PV of cash inflows with the PV of cash outflows. When the IRR is used as a discount rate, the NPV is zero.Using the formula for NPV, we get:NPV = 0 = CF0 + CF1 / (1 + IRR) + CF2 / (1 + IRR)² + CF3 / (1 + IRR)³ + CF4 / (1 + IRR)⁴Putting in the given values, we get:0 = -300000 + 200000 / (1 + IRR) + 160000 / (1 + IRR)² + 100000 / (1 + IRR)³ + 70000 / (1 + IRR)⁴

With the help of trial and error, we get an IRR of 26.37%. (note: You can use Excel or a financial calculator to solve for the IRR).Check if the alternative should be accepted.If the IRR is greater than the MARR, the alternative should be accepted, and if it is less than the MARR, it should be rejected.IRR > MARR

Hence, the alternative should be accepted since the IRR (26.37%) is greater than the MARR (14%).

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Why is farmers insurance open starting on wednesday?

Answers

This PGA event does not often start on Thursday and end on Sunday. In order to avoid conflicting with the NFL's AFC Championship Game, which airs on Sunday on CBS, the Farmers Insurance Open gets underway on Wednesday.

Before the Sunday football game, broadcaster Jim Nantz will remotely call the golf action on Friday and Saturday from Kansas City.

California is the location of the PGA Tour for a second consecutive week. The PGA Tour is currently in La Jolla after The American Express was hosted there last week.

The first round of the 2023 Farmers Insurance Open will start on Wednesday, January 25. The competition will end on January 28 with one round played each day on Thursday, Friday, and Saturday.

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Suppose you are given a $100 gift card and you choose to spend it on a number of goods. You will select a combination of goods that is best for you and that maximizes your satisfaction. Your choices will involve which of the following?.

Answers

Your choices will involve the comparison of marginal cost and marginal benefits for each good considered.

What is marginal cost and marginal benefit?

Marginal cost is the additional cost generated by purchasing an extra unit of a good.  For example, if the cost of buying 10 units of a good is 100 and the total cost of buying 12 units is 120. Marginal cost is: (120 - 100) / (12 - 10) = 10

Marginal benefit is the change in total benefit as consumption is increased by one unit. Satisfaction is maximised when marginal cost is equal to marginal benefit.

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true or false evaluation is the process by which management monitors operations by comparing actual and expected results.

Answers

Evaluation is the process by which management monitors operations by comparing actual and expected results.

The above statement is False.

The Given statement is of Controlling.

Controlling:

Control is the management function that compares specified standards with actual business development and takes corrective action in case of deviations.

Management includes all management efforts to ensure that objectives (already set during the planning stage) are achieved. This includes ongoing analysis of the plan and iterative updates to it as needed. The manager's project monitoring component (analyzing whether the project team is following the plan) can easily overlap with project management. Also, not every company or project has its own project manager. If you're a manager and do more project management than you need, a good project management software tool can help.

Managing appointments and deadlines, training employees, evaluating performance, adjusting budget or personnel allocations, and allocating resources are part of management.

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Gross profit is calculated by deducting the cost of goods sold (CDGS) from your total sales. If a company's gross profit ratio is calculated by dividing gross profit by total sales, find the total sales given the cost of goods sold is $ 48,000?

Answers

Gross profit is a company's revenue minus its cost of goods sold (COGS). This calculation gives a company a better understanding of its overall profitability, as it measures the amount of money left over after accounting for the direct costs associated with producing and selling its goods and services.

The formula for calculating gross profit ratio is: Gross Profit Ratio = Gross Profit / Total Sales. If a company's gross profit ratio is calculated by dividing gross profit by total sales, find the total sales given the cost of goods sold is $48,000:We can use the formula to calculate the company's gross profit first, then divide by the given gross profit ratio to find the total sales.

Gross Profit = Total Sales - Cost of Goods SoldGross Profit Ratio = Gross Profit / Total SalesRearranging the formula for Gross Profit, we have:Gross Profit = Gross Profit Ratio x Total SalesSubstituting the given values, we get:Gross Profit = (Gross Profit Ratio) x (Total Sales)= Gross Profit Ratio = (Gross Profit) / (Total Sales)= Gross Profit Ratio x Total Sales = Gross Profit= (Gross Profit Ratio) x (Total Sales) = (Total Sales - Cost of Goods Sold)Therefore,Total Sales - Cost of Goods Sold = (Gross Profit Ratio) x (Total Sales)Total Sales - $48,000 = (Gross Profit Ratio) x Total

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the franchisor may require that the business use a particular organizational form and capital structure.True or False

Answers

The answer is true. The franchisor could demand that the company utilise a specific capital structure and organisational design. It is unlikely that the franchise agreement will include obligations for record-keeping or sales quotas.

Federal or state statutes may set the time frame for a franchise. By giving the employees of the franchisee's business training, tools, and knowledge, the franchisor is obligated to support their operations. The training makes sure that the unit personnel is aware of their responsibilities in the franchised organisational and has the necessary knowledge to uphold the franchisor's reputation. A franchisor, the business that provides the product or service concept.

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Bad Company has a new 4-year project that will have annual sales of 7,700 units. The price per unit is $19.20 and the variable cost per unit is $6.95. The project will require fixed assets of $87,000, which will be depreciated on a 3-year MACRS schedule. The annual depreciation percentages are 33.33 percent, 44.45 percent, 14.81 percent, and 7.41 percent, respectively. Fixed costs are $27,000 per year and the tax rate is 40 percent. What is the operating cash flow for Year 3?

Answers

The operating cash flow for Year 3 is $115,212.

Explanation :

To calculate the operating cash flow for Year 3, we need to consider the annual sales, variable costs, fixed costs, depreciation, and taxes.

First, let's calculate the annual revenue:
Annual sales = 7,700 units * $19.20 per unit = $148,224

Next, calculate the annual variable costs:
Variable costs = 7,700 units * $6.95 per unit = $53,515

Now, calculate the annual depreciation:
Year 1 depreciation = $87,000 * 33.33% = $29,001
Year 2 depreciation = $87,000 * 44.45% = $38,668
Year 3 depreciation = $87,000 * 14.81% = $12,879

Total depreciation for Year 3 = Year 3 depreciation - Year 2 depreciation = $12,879 - $38,668 = -$25,789 (negative because it is a decrease in depreciation)

Next, calculate the annual fixed costs:
Fixed costs = $27,000

To calculate the taxable income, subtract the variable costs, fixed costs, and depreciation from the revenue:
Taxable income = $148,224 - $53,515 - $27,000 - (-$25,789) = $192,020

Next, calculate the taxes:
Taxes = 40% * $192,020 = $76,808

Finally, calculate the operating cash flow for Year 3:
Operating cash flow = Taxable income - Taxes = $192,020 - $76,808 = $115,212

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How can you use these questions to help you better develop your own leadership skills? Explain

Answers

by setting long term goals!??

Answer:

I can use these questions to help me better develop my own leadership skills by setting long-term goals. I think goals could really help in the future and if we complete them, that is even better. By setting long-term goals, you can prepare and plan for the future.

Explanation:

Hope this helps.

Which of the techniques listed below can be used to evaluate an investment.

Answers

To evaluate an investment, several techniques can be employed to help you make an informed decision. The following techniques are commonly used for this purpose: Net Present Value (NPV), Internal Rate of Return (IRR), Payback Period, Return on Investment (ROI), Profitability Index (PI)

1. Net Present Value (NPV): This technique calculates the present value of cash inflows minus the present value of cash outflows over the investment period. A positive NPV indicates that the investment is expected to generate more returns than the cost of the investment.

2. Internal Rate of Return (IRR): IRR is the discount rate at which the NPV of an investment is zero. A higher IRR indicates a more attractive investment opportunity. Comparing IRRs of different investments helps in identifying the most profitable option.

3. Payback Period: This method estimates the time required to recover the initial investment. A shorter payback period signifies a faster return on investment, which is generally preferable.

4. Profitability Index (PI): PI is the ratio of the present value of cash inflows to the initial investment cost. A PI greater than 1 indicates a profitable investment, and the higher the PI, the more attractive the investment.

5. Discounted Payback Period: Similar to the payback period, this technique incorporates the time value of money by discounting cash flows. A shorter discounted payback period is generally considered more favorable.

6. Return on Investment (ROI): This metric calculates the percentage return on investment by dividing the net profit by the initial investment. A higher ROI indicates better investment performance.

In conclusion, when evaluating an investment, it's essential to consider multiple techniques to make an informed decision. Each technique provides a different perspective on the potential profitability and risk associated with the investment. By carefully analyzing these factors, you can select the most suitable investment option for your financial goals.

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without considering the other factors, a maintenance expenditure should be capitalized if the expenditure does which of the following?

Answers

A maintenance expenditure should be capitalized if it improves or extends the useful life of an asset.

In other words, if the expenditure increases the future economic benefits that will be derived from the asset beyond its original specification, then it should be capitalized.

This is because the expenditure is considered to be enhancing the asset's value, rather than simply maintaining it in its current state.

However, it is important to consider other factors as well, such as the materiality of the expenditure and whether it meets the capitalization criteria set by accounting standards.

For example, if the expenditure is relatively small and doesn't materially impact the asset's value or useful life, it may be more appropriate to expense it rather than capitalize it.

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HELP

Question

Q. To properly manage your checking account you should do which of the following?


A.Update your transaction register regularly to include all checks, ATM withdrawals, and debit card purchases.

B.Balance your checkbook daily using the most current information about your account by phone, ATM, or online.

C.Promptly review your checking account statement every month.

D.All of the above

Answers

Answer to this question is all of above. D.

Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture​

Answers

Answer:

answer is b

Explanation:

Answer:

the answer is b

Explanation:

i got it right on edmentum

Dogs are trained with a red-light S and a yellow-light S- in context 1. Then, in context 2, the same dogs receive training with a yellow-light S and a red-light S-. Assuming they receive the same number of reinforcers in each context during training, what will be the role of the contexts in the subsequent test trials in each context

Answers

In the subsequent test trials, the contexts will serve as discriminative stimuli, influencing the dogs' response patterns and performance.

Contextual cues play a crucial role in associative learning and can influence an organism's behavior. In this scenario, the dogs were trained in two different contexts (Context 1 and Context 2) with specific stimuli, namely the red-light S and yellow-light S- in Context 1, and the yellow-light S and red-light S- in Context 2.

During training, the dogs received the same number of reinforcers in each context, which means they learned to associate the specific stimuli (red-light S and yellow-light S-) with the respective consequences (reinforcers or lack of reinforcement).

In subsequent test trials, the contexts will act as discriminative stimuli, influencing the dogs' behavior. The dogs will exhibit different response patterns and performance based on the contextual cues present during the tests. For example, if a dog was conditioned to respond more strongly to the red-light S in Context 1, it may show a higher response rate or better performance when the red-light S is presented in the same or similar context.

The contexts provide contextual information that helps guide the dogs' behavior and responses. They serve as cues that signal the likelihood of reinforcement or non-reinforcement, based on the previous training experiences in those contexts. Therefore, the contexts will have an impact on the dogs' subsequent test trials, shaping their behavior and influencing their performance based on the learned associations with the specific stimuli in each context.

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The law of demand relates primarily to which of the following

Answers

Need more info please

Answer:

more info dude?

Explanation:

what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense

Answers

Advertising
Motor Expense

Some employees of a certain manufacturing plant habitually misplaced and misused tools so often that the company estimated that it cost them some $750,000 each year in time lost locating missing tools and in monies spent replacing misplaced and stolen ones. Finally, the company hired a tool management expert who intends to implement a computerized tool inventory control system in the plant. If the new system and its installation and associated initial training cost the company $1.25 million and the new manager’s annual salary and benefits was another $165,000, determine the following if the expected annual savings from the system is $110,000 and it costs another $12,000 to service the system:

How long it will take the company to regain the expenses made on the new equipment or see return on its investment.

P = I/(S-E)

P = # of years for pay back

I = Investment in system

S = Savings in system

E = Cost of servicing the system


How much annual profit would eventually come from the system if the manager later discovered that it would still cost the company another $100,000 annually to train employees on using the system in order to avoid the old losses?


Discuss in detail what types of training this manager should implement to make this plan work as expected.


After some years, the manager discovered that the number of delinquencies in tool returns gradually went down to a point where the company could reduce its annual training cost by 50%. Determine the new annual savings for this company.


Was this new system a good investment or not? Explain your answer.

Tip: Justifying an inventory system is performed using this model:

P = I/(S-E)

P = # of years for pay back

I = Investment in system

S = Savings in system

E = Cost of servicing the system

Answers

To calculate the payback period and assess the profitability of the new tool inventory control system, let's use the provided formula:

P = I / (S - E)

Where:

P = Number of years for payback

I = Investment in the system

S = Savings from the system

E = Cost of servicing the system

Given values:

I = $1,250,000 (initial investment in the system)

S = $110,000 (expected annual savings from the system)

E = $12,000 (annual cost of servicing the system)

Payback Period (P):

P = $1,250,000 / ($110,000 - $12,000)

P ≈ 11.67 years

Therefore, it will take approximately 11.67 years for the company to recoup its investment and see a return on its investment.

Annual Profit:

To calculate the annual profit from the system, we need to consider the additional annual training cost of $100,000.

Annual Profit = Savings from the system - Cost of servicing the system - Additional training cost

Annual Profit = $110,000 - $12,000 - $100,000

Annual Profit = -$2,000 (negative value indicates a loss)

The annual profit from the system, considering the additional training cost, would be -$2,000. This indicates that the company would incur a small annual loss due to the system.

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Write a 1-page report on Gillette and discuss the
characteristics of the Entrepreneur.
Instruction: 400-500 words,

Answers

Gillette is one of the leading razor manufacturers globally. The company was established by King C. Gillette in 1901 and has since then been a dominant player in the market. Gillette's product range includes a variety of razors, blades, and shaving creams. The company's success can be attributed to its innovative products and focus on quality. Let us discuss the characteristics of an entrepreneur with respect to Gillette.

Entrepreneurs have a clear vision of what they want to achieve. They know where they want to take their company and have a plan in place to get there. King C. Gillette had a vision of creating a razor that was not only safe but also affordable for the masses. He developed a razor that could be used multiple times and didn't require frequent blade replacements.

Entrepreneurs are not afraid to take risks. They understand that success is not guaranteed, and there will be setbacks along the way. Gillette was a risk-taker who invested all his savings into creating his first razor. He knew that his invention had the potential to change the way men shaved and was willing to take the risk.

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When interviewing, you should always try to lean towards the more formal side. In general, you would want to dress one step higher than those who currently work there

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Answer: False, it'll be right to appear moderate and coperate

Explanation:

When attending interviews it's advised you put on your best behavior and look good. It won't be encouraging to out-dress the existing workers, it won't speak fantastic to dress better bit it's required to look good and moderate

when managers become personally involved in developing public policy, the firm is at what level of business political involvement? multiple choice limited moderate aggressive holistic

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Aggressive organizational involvement is business political involvement when managers become personally involved in developing public policy

What is Aggressive organizational involvement ?

Workplace aggression is a general term that refers to actions taken by persons within or outside of an organization that are harmful to or intended to be harmful to others within the company. Aggression at work can be both verbal and violent, with the latter being referred to as workplace violence.

Given the large number of aggression-related constructs in the industrial/organizational psychology, human resource management, and organizational behavior literature, the definition and measurement of workplace aggressiveness have been the subject of significant debate.

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