The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B) False The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B) False The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B) False The firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales. A True B) False
Answers
False. The statement that the firm with the largest ratio of fixed costs to total costs automatically gets the greatest increase in operating profits from an increase in sales is false.
The statement is false because the relationship between fixed costs, total costs, and operating profits is more complex. While a firm with a higher proportion of fixed costs may experience a significant increase in operating profits as sales increase, it is not an automatic guarantee.
The firm's pricing strategy, variable costs, market conditions, and other factors also play a significant role in determining the impact of increased sales on operating profits. Therefore, it is incorrect to assume that the firm with the highest fixed costs to total costs ratio will always experience the greatest increase in operating profits from increased sales.
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ban-joe company manufactures two models of its banjo, the starter and the star. the starter model requires 10,000 direct labor hours and the star requires 30,000 direct labor hours. the company produces 3,400 units of the starter model and 600 units of the star model each year. the company inspects one starter for every 100 produced, and inspects one star for every 10 produced. the company expects to incur $56,400 of total inspecting costs this year. how much of the inspecting costs should be allocated to the starter model using abc costing?
Answers
Approximately $20,274.47 of the inspecting costs should be allocated to the starter model using ABC costing.
To allocate the inspecting costs to the starter model using Activity-Based Costing (ABC), we need to determine the proportion of inspecting costs associated with each model based on their respective inspection rates.
The inspection rate for the starter model is 1 starter per 100 produced, which means there are 34 inspections per year for the 3,400 units produced (3,400 / 100).
The inspection rate for the star model is 1 star per 10 produced, which means there are 60 inspections per year for the 600 units produced (600 / 10).
To calculate the proportion of inspecting costs allocated to the starter model
Starter model inspection proportion = (Starter model inspections / Total inspections) * Total inspecting costs
= (34 / (34 + 60)) * $56,400
Calculating this
Starter model inspection proportion = (34 / 94) * $56,400
= $20,274.47
Therefore, inspecting costs should be approximately $20,274.47 is allocated to the starter model.
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Which principle of operational excellence refers to a long-term approach that favors quality and capabilities over short-term financial goals
Answers
Answer: The answer is Business Dictionary defines operational excellence as, “A philosophy of the workplace where problem-solving, teamwork, and leadership results in the ongoing improvement in an organization.
Explanation:
The business dictionary refers to a long-term approach that favors quality and capabilities over short-term financial goals.
What is the business dictionary?Business Dictionary is defined as a free, easy-to-use business vocabulary with over 30,000 definitions covering a wide range of key business issues such as entrepreneurship, management, small company, economics, human resources, recruiting, and corporate strategy.
A long-term approach that prioritizes quality and capability over short-term financial aims, Because your readers may have their own interpretation of the words, or may not be familiar with them at all, the “Definitions of Terms” section guarantees that they comprehend the components of your research in the manner in which you will deliver them.
Therefore, it is a business dictionary.
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hich of the following is the biggest advantage of using a yardstick report? you can include an indirect organizational plan in it you can begin outlining a specific course of action in it the report begins with recommendations, saving the reader time alternatives are measured consistently using the same criteria
Answers
Answer: Alternatives are measured consistently using the same criteria
Explanation: It's in the cengage book on page 9-5c where it's talking about yardstick report
The law of supply tell us there is a negative, or inverse relationship between:_____.
a. the price of a good and the quantity supplied.
the higher the price, the lower the quantity supplied.
that as the price of a good increases, producers will increase the quantity supplied.
the positive relationship between the price of a good and quantity demanded by consumers.
Answers
Explanation:
the positive relationship between the price of a good and quantity demanded by consumers.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Bishop Co. began operations on January 1, 2014. Financial statements for 2014 and 2015 con- tained the following errors:
Dec. 31, 2014 Dec. 31, 2015
Ending inventory $132,000 too high $146,000 too low
Depreciation expense 84,000 too high -
Insurance expense 60,000 too low 60,000 too high
Prepaid insurance 60,000 too high -
In addition, on December 31, 2015 fully depreciated equipment was sold for $28,800, but the sale was not recorded until 2016. No corrections have been made for any of the errors. Ignore income tax considerations.
The total effect of the errors on Bishop's 2015 net income is
understated by $366,800. ($132,000 (u) + $146,000 (u) + $60,000 (u) + $28,800 (u) = $366,800 (u).)
Answers
In 2014, the overstated inventory of $132,000 lowered the 2014 net income. In 2015, the understated inventory of $146,000 raised the 2015 net income. The net effect on the net income is the difference between the two, which is an understatement of $14,000.
The total effect of the errors on Bishop's 2015 net income is understated by
$366,800.($132,000 (u) + $146,000 (u) + $60,000 (u) + $28,800 (u)
= $366,800 (u).)
The $84,000 in depreciation expense overstatement in 2014 decreased the net income. This error was not corrected in 2015, and it, therefore, had no effect on the 2015 net income. The insurance expense was understated by $60,000 in 2014 and overstated by $60,000 in 2015.
As a result, there was no net effect on the net income of 2014 and 2015. The prepaid insurance was overstated by $60,000 in 2014, which had no effect on the net income. It was also not corrected in 2015, and thus it overstated the net income by $60,000 in 2015.
The sale of fully depreciated equipment on December 31, 2015, was not recorded in 2015. It resulted in a net income understatement of $28,800 in 2015 because the gain on the sale of the equipment was not included in the 2015 net income. Therefore, the total effect of the errors on Bishop's 2015 net income is understated by $366,800.
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Drag each option to the correct location.
Match the scenarios to the factors that affect the labor market.
foreign direct investment
outsourcing
immigration
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Each scenario should be matched to the factors that affect the labor market as follows:
Immigration: Carlos is moving from Mexico to the United States because he got a job in a bank. He had his interview last month, and the bank agreed to hire him because he was willing to work for 10% less than most American workers, even though he has the same qualifications.Foreign direct investment: A US supermarket chain is going to open a few supermarkets in Europe because a recent survey showed that the chain has a huge potential for profits in Europe.Outsourcing: A renowned US information technology firm has recently signed a contract with a company based in the Philippines. The Filipino company will handle the accounts of the US firm. The US firm made this decision to reduce labor costs.What is immigration?Immigration can be defined as the movement of a group of people from one geographical region to another geographical destination such as a city, especially in search of any of the following:
Good governanceSecurityBetter living conditions.WorkJobsSocial amenitiesWhat is a foreign direct investment?A foreign direct investment (FDI) simply refers to a type of investment which is made by an individual or business organization (investor) into an investment market that is located in another country.
In conclusion, an example of foreign direct investment (FDI) is a US supermarket chain that is planning to open a few supermarkets in a country in Europe.
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Answer:
Post Test: Free Market and Businesses
Unit: 2
Economics
Question #12
__________________________________________________________
This is 100% right because I took the test
Go to explanation for picture with answers
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Explanation:
Here's the picture and I hope this helped!
Have a nice day!
The security market line describes the expected returns and risks from dividing a portfolio between _________ and _________. Multiple choice question. risk-free securities; the market portfolio risk-free securities; Treasury bonds corporate bonds; diversified stock portfolio Treasury bonds; corporate bonds
Answers
Answer: Risk-Free Securities; the market portfolio
Explanation:
The ability to meet long-term obligations and generate future revenues is referred to as?
Answers
The ability to meet long-term obligations and generate future revenues is referred to as Solvency.
Solvency is the capability of a business enterprise to satisfy its lengthy-term money owed and different monetary responsibilities. Solvency is one measure of a corporation's monetary fitness since it demonstrates an enterprise's ability to manage operations into the foreseeable destiny. buyers can use ratios to analyze an agency's solvency.
long-term obligations and responsibilities are liabilities as a way to no longer be paid via expending to be had sources as of the end of the cutting-edge monetary 12 months. well-known lengthy-term obligations are not pronounced in the governmental price range, but are pronounced in the governmental sports column in the government-wide announcement of internet position
Non-working profits are part of an organization's income this is derived from activities now not associated with its core business operations. it may consist of objects consisting of dividend income, earnings, or losses from investments, as well as profits or losses incurred by using forex and asset write-downs.
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Banks are a stabilizing force in our entire financial system. Discuss two of the three primary function of the banking system.
Answers
Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.
Explanation: Those are two primary functions.
The banks function in three ways as transfer money from savers hold deposits, and make money by giving loans.
What is a banking system?A banking system is one that is a group or a network of institutions that provides financial services to people. The banking system includes the provision of loans, deposits, and helping investments.
The bank transfers the money from the savers to borrowers by holding the deposits and lending the excessive transfer of reserves.
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Keynesian demand-side versus supply-side effects Consider an economy operating below its full-employment output level. The government wants to enact a reduction in income taxes in an effort to restore the economy to full-employment output. On the graph that follows, shift one of the curves to illustrate the impact of the income tax cut on aggregate supply (AS) and aggregate demand (AD) that is emphasized by Keynesian economists. Note: Selct and drag one or both of the curves to the desired position. Curves will snap into position, so if you try to move a curve and it snaps back to its original position, just drag it a little farther. On the graph that follows, shift one of the curves to illustrate the dominant impact of the income tax cut according to supply-side economists. SRA AD SRAS AD REAL GDP (Billions of dollars) Use the dropdown menus to fill in the following table to complete the causation chains for the Keynesian effects and supply-side effects of the income tax cut. Supply-side Policy Income tax cut Increases the supply of labor Keynesian Policy 1. 2. 3. 4. 1. Income tax cut 2. Increases consumption spending 3. aggregate aggregate and the price level and the price level Real GDP ▼ 4, Real GDP Use the dropdown menus to fill in the following table to complete the causation chains for the Keynesian effects and supply-side effects of the income tax cut. Keynesian Policy Income tax cut Increases consumption spending Decreases Policy 1. 2. 3. 4. Real GDP ut 1. 2. 3. 4. Increases supply of labor aggregate aggregate and the price level Real GDP and the price level Use the dropdown menus to fll in the following table to complete the causation chains for the Keynesian effects and supply-side effects of the income tax cut. Supply-side Policy Keynesian Policy Income tax cut Increases consumption spending supply 1. Income tax cut 2. Increases the supply of labo 3. 4. Real GDP 1. 2. 3. 4. demand aggregate aggregate and the price level and the price level Real GDP
Answers
Thus, the causation chains for the Keynesian effects of the income tax cut : 1) Income tax cut, 2) Increases consumption spending, 3) Increases aggregate demand and the price level, and 4) Increases real GDP.
According to Keynesian economists, the income tax cut will have a dominant impact on aggregate demand (AD) and will increase consumption spending.
This increase in consumption spending will lead to an increase in aggregate demand and real GDP, with a potential increase in the price level as well. On the other hand, supply-side economists emphasize the impact of the income tax cut on aggregate supply (AS) and the supply of labor. They believe that the income tax cut will increase the supply of labor, leading to an increase in aggregate supply and real GDP. This increase in real GDP may lead to a decrease in the price level. Therefore, the causation chains for the Keynesian effects of the income tax cut are: 1) Income tax cut, 2) Increases consumption spending, 3) Increases aggregate demand and the price level, and 4) Increases real GDP. And the causation chains for the supply-side effects of the income tax cut are: 1) Income tax cut, 2) Increases the supply of labor, 3) Increases aggregate supply, and 4) Increases real GDP and potentially decreases the price level.Know more about the Keynesian economists,
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Which of the following sets of activities is undertaken after a message is composed?
A) organizing information and adapting the message to the audience
B) gathering and organizing information
C) revising and producing the message
D) analyzing the situation and adapting the message
E) selecting the medium and producing the message
Answers
The set of activities undertaken after a message is composed is C) revising and producing the message. Once the message has been written, it is important to review and make any necessary changes to ensure clarity, accuracy, and effectiveness. This includes editing for grammar and punctuation, as well as revising the content to ensure it meets the needs of the audience and achieves the intended purpose. Finally, the message is produced in its final form, ready for delivery to the intended recipients.
Revising and producing a message is an essential step in effective communication. It involves reviewing and modifying the content of a message to ensure that it meets the desired goals and effectively conveys the intended information to the target audience.
When revising a message, it is important to review the content for accuracy, clarity, and completeness. Any errors or ambiguities should be corrected, and any missing information should be added to ensure that the message is clear and understandable. Additionally, the tone and style of the message should be appropriate for the target audience and the purpose of the message.
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consider the following account balances of the shattuck law firm at the end of the year: accounts payable $ 4,400 salaries expense 12,800 cash 1,700 common stock 2,400 service revenue 8,300 supplies 4,300 retained earnings 1,100 utilities expense 5,000 how many of these accounts would appear in shattuck's year-end balance sheet? multiple choice four three five two
Answers
These accounts would show up in Shattuck's year-end balance sheet: salaries expense, utilities expense, and service revenue. Cash earned and costs are the sole items on an income statement.
Which financial statement depicts a company's revenues and expenses over a specific time period?An income statement, a type of financial statement, details the profits and losses of a business. It also shows the overall profit or loss a company has experienced over a given period of time. Combining the income statement with balance sheet, cash flow statement, plus cash flow prediction may help you gain a better picture of the financial health of your organization.
A balance sheet displays the assets and liabilities of a company as of a particular date. It can be prepared quarterly or semi-annually, although it's most frequently done at the end of the fiscal year.
Balances between assets and liabilities must be equal. All sources of revenue and expenses are included in the profit and loss statement. Net profit/loss is computed using the profit and loss account. The assets and liabilities that are carried over to the following year are shown on the balance sheet.
The following accounts are listed on the balance sheet:
Accounts payable are a current liabilities of $4,400.Cash $1,700 since it is a current assetThe balance sheet shows a liability of $2,400 in ordinary stock.Supplies $4,300 because it is a current asset.Retained earnings of $1,000 are included in the liabilities section of equity on the balance sheet.The income statement includes charges for goods and services acquired, wages paid, and utilities consumed.Learn more about income statement: https://brainly.com/question/28035395
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Melissa Meadows is a marketing representative for Best Care which has recently introduced a Medicare Advantage plan offering comprehensive dental benefits for $15 per month. Best Care has not submitted any potential posts to CMS for approval. Melissa would like to use the power of social media to reach potential prospects. What advice would you give her?
Answers
Answer:
The best advice that I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.
Explanation:
Based on the information given about Melissa Meadows who is a marketing representative for Best Care which has Medicare Advantage plan offering comprehensive dental benefits for tha amount $15 per month, in which we were told that she would like to use the power of social media to reach potential prospects which might be interested in the Medicare Advantage plan the best advice I would give her if her contract agreement permit her to do so is to tell her to post a tweet on her social media account by stating that Best Care offers great and different array of Medicare Advantage benefit packages. One might be of benefit for you. You can call me to find out more either through my phone number , email or by sending me a message.
The advice i would give her is : If permitted under the terms of her contract, Agent Meadows could post a tweet stating that "Best Care offers an array of Medicare Advantage benefit packages. One might be right for you. Call me to find out more!"
Terms of contract usually exist between an agent and his principal in a business relationship. This term protect all parties’ interests by detailing all deadlines and compensation.
Contents in terms of contract includes but not limited to :
Identity of the partiesDuties of the partiesRights of each partyIdentity of each partyTherefore, agent Meadows could post the tweet if permitted under the terms of her contract about Medicare advantage benefit packages.
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4. Organisations achieve goals depending on how they are managed.True/false
5. Developing plans for the organisation’s employees is a part of the organising function of managers.True/false
6. Tactical and operation planning are performed by top management and lower management.true/false
7. Management is a continuous process.true/false
Expert Answer
Answers
4.) True. Organisations are able to achieve their goals depending on how they are managed
5.) True. Developing plans for the organisation's employees is indeed a part of the organising function of managers
6.) False. Tactical and operational planning are not solely performed by top management and lower management
7.) True. Management is indeed a continuous process
4. True. Organisations are able to achieve their goals depending on how they are managed. Effective management involves setting clear goals, developing strategies to achieve those goals, allocating resources efficiently, and leading and motivating employees.
5. True. Developing plans for the organisation's employees is indeed a part of the organising function of managers. This involves determining the tasks and responsibilities of each employee, as well as establishing a structure and hierarchy within the organisation.
6. False. Tactical and operational planning are not solely performed by top management and lower management. Tactical planning refers to the short-term plans made by middle management to implement the strategic goals set by top management. Operational planning, on the other hand, involves the day-to-day plans made by lower management to execute the tactical plans. Thus, both levels of management are involved in tactical and operational planning.
7. True. Management is indeed a continuous process. It involves a series of activities that are performed on an ongoing basis, such as planning, organizing, leading, and controlling. This process is not a one-time event but rather a continuous cycle that managers go through to ensure the efficient and effective functioning of the organization.
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the net annual sales of a sample of small retail clothing stores were organized into the following relative frequency distribution. I up to 4 13
4 up to 7 14
7 up to 10 40
10 up to 13 23
13 or more 10
What is the mean net sales (in $ millions)? a. $709 b. $10.09 c. $8.59 d. Mean cannot be computed.
Answers
As we have an infinite contribution for the last class interval, the mean cannot be computed. Therefore, the correct answer is d. Mean cannot be computed.
To find the mean net sales, we need to calculate the midpoint of each class interval and then multiply it by the corresponding frequency. Let's calculate it step by step:
Class Interval: I up to 4
Midpoint: (0 + 4) / 2 = 2
Frequency: 134
Total contribution: 2 * 134 = 268
Class Interval: 4 up to 7
Midpoint: (4 + 7) / 2 = 5.5
Frequency: 147
Total contribution: 5.5 * 147 = 808.5
Class Interval: 7 up to 10
Midpoint: (7 + 10) / 2 = 8.5
Frequency: 401
Total contribution: 8.5 * 401 = 3,415.5
Class Interval: 10 up to 13
Midpoint: (10 + 13) / 2 = 11.5
Frequency: 231
Total contribution: 11.5 * 231 = 2,656.5
Class Interval: 13 or more
Midpoint: (13 + ∞) / 2 = ∞ (infinity)
Frequency: 10
Total contribution: ∞ * 10 = ∞ (infinity)
To compute the mean, we need to sum up the total contributions and divide by the total frequency. However, since we have an infinite contribution for the last class interval, the mean cannot be computed. Therefore, the correct answer is d. Mean cannot be computed.
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chloe is planning to open a restaurant. before proceeding with the plan, she collects data on the operating standards of one of her favorite restaurants that inspired her to open her own restaurant. this is an example of .
Answers
It is an example of Benchmarking.
A restaurant is a business that prepares and serves food and drinks to clients. Food is generally served and eaten on the premises, however many restaurants also provide take-out and meal transport offerings.
It affords a sense of camaraderie and community. There are usually positive restaurants in any city that everybody knows. Now not most effective do they recognize the location, but they understand those who paintings there or very own it. In some approaches, the feel of community created makes the eating place as important to locals as their personal kitchens.
A restaurant is especially divided into areas: provider and manufacturing.
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The ratio of the age of three peron A, B, C are given a A : B = 1 : 2 and B : C = 1 1/2 : 1. Find A : C. If the age of C i 18 year find the age of A and B
Answers
The age of A is 6 years and B is 12 years and ratio of A:C is 1:3
Given that the ratio of A's age to B's age is 1:2, and the ratio of B's age to C's age is 3:2, we can find the ratio of A's age to C's age by finding a common ratio between A and C.
Let's assume that B's age is x years.
Then, A's age is x * 1/2 = x/2 years, and C's age is x * 3/2 = 3x/2 years.
The ratio of A's age to C's age can be calculated as follows:
A : C = x/2 : 3x/2 = 1 : 3
Since C's age is 18 years, we can find the value of x:
x = \(2* \frac{18}{3}\)
= \(2*6\)
= 12
So, A's age is \(\frac{x}{2}\) = \(\frac{12}{2}\) = 6 years, and
B's age is x = 12 years.
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When considering outsourcing, what should firms be sure to avoid?.
Answers
When considering outsourcing, firms should be sure to avoid the following: Choosing the wrong service provider, Lack of communication, Misaligned expectations, and Security risks.
Choosing the wrong service provider: When choosing a service provider, ensure that you're working with a reputable company that has a track record of providing excellent services. You can do this by asking for references and conducting research beforehand. Additionally, ensure that the service provider you choose is experienced in the specific services you require.
Lack of communication: Firms should ensure that there is open communication between themselves and the service provider. They should agree on regular meetings, expectations, and objectives. Any form of communication gap between the firm and the service provider will lead to loss of trust and misunderstandings.
Misaligned expectations: Misaligned expectations can be disastrous in outsourcing. To avoid this, it is recommended that the firm communicates all its expectations to the service provider before the contract is signed. Additionally, the firm should be aware of the service provider's capabilities, so that they do not have unrealistic expectations.
Security risks: Outsourcing exposes a company to security risks. Therefore, the service provider should take adequate measures to protect the firm's confidential data. Additionally, the firm should have an in-depth understanding of the security measures in place at the service provider's end, and ensure that they are comfortable with them.
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executives at worldcom committed an $11 billion fraud by capitalizing costs that should have been expensed. what was the effect of this fraud on worldcom's financial statements? (check all that apply.)
Answers
Expenses were too low and the Net income was too high was the effect of this fraud on WorldCom's financial statements.
What is a financial statement?A financial statement is an accounting document that lists all of a company's operations, whether they are financial or not. This statement defines the way about the condition that was happening in the financial position.
In the following, there was an $11 billion fraud which consisted that the financial statement defining the expenses of the particular company WorldCom as very low, and the income was shown as very high this created a huge effect on the balance sheet and financial statement.
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question mode multiple choice question the presence of unions tends to multiple choice question. push wages up even for non-unionized workers. push wages up only for unionized workers. push wages down for unionized workers push wages down for non-unionized workers.
Answers
Push wages up even for non-unionized workers.
What means non unionized employees?Each Employee who was working for the Company immediately before the Closing and whose employment conditions were not governed by a collective bargaining agreement is referred to as a non-union employee. An employee who is not a member of a union is referred to as a non-union employee.A non-union workplace is one where employees do not organise organisations or make requests on behalf of the whole workforce. The employer or corporate management has the authority to impose rules at work.A strikebreaker is someone who continues to work during a strike (also known as a scab, blackleg, or knobstick). Strikebreakers are often people who were not working for the company before to the labour dispute but were hired following or during the strike to keep the business operating.Learn more about non unionized employees refer to :
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One of the main questions of economics involves deciding upon the method for
distributing goods and services.
creating goods and services.
pricing goods and services.
enhancing goods and services.
Answers
Answer:
creating goods and services.
Explanation:
Economics seeks to get answers to how societies utilize scarce resources to meet the unlimited needs of members. The three basic questions that economics addresses are
What to produce?How to produce?For whom to produce?Creating goods and services and services is answering on what to produce? With the limited resources, authorities must decide what goods and services to produce. Decisions have to be made on what needs to meet immediately. For example, the government may decide to build new schools rather than contract a new road
Answer:
B
Explanation: Took test!!!
The prices for all kinds of fish sold in Eastville's downtown Old Market are much lower than the prices charged at uptown seafood stores. Old Market vendors buy fish of similar quality from the same wholesalers and at the same prices as uptown vendors do. Therefore, since Old Market fish vendors' businesses are as profitable as those uptown, the volume of the Old Market vendors' daily fish sales must, on average, be higher.
Which of the following, if true, most strengthens the argument given?
A. People who buy fish at Old Market stores generally have lower incomes than do those who buy fish from uptown seafood stores.
B. Some varieties of fish that are not available at Old Market stores can be found occasionally at uptown seafood stores.
C. Vendors at the old Market save on energy costs by keeping fish on ice instead of in refrigerated cases.
D. Many of the people who live in uptown Eastville prefer to buy fish from the neighborhood stores.
E. Fish vendors at the Old Market do not, on average, have lower overhead costs than uptown vendors do.
Answers
Answer:
The most correct answer is D
The team's engagement score was 4. 8 this month. The score has been improving at a rate of 13% per month. What was the score 5 months ago?.
Answers
According to the score today and the pace of growth, the score from five months ago must have been 2.98.
The score five months ago, what was it?Consider that the score was x five months ago. So, the following can be used to express what was just said:
Current score is equal to x times (1 plus rate) times the number of months.
4.80 = x × (1 + 10%)
⁵
4.8 = x × 1.1.61051
x = 4.8 / 1.61051
= 2.980
The result was a 2.98, or a passing grade.
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which country in the world consumes the most coca-cola per capita?
Answers
Answer:
Mexico
Explanation:
Mexico.
each content unit must be created and produced. which of the following can marketers use to document the required characteristics and elements of each content unit?
Answers
Marketers can use a content brief or a content template to document the required characteristics and elements of each content unit.
A content brief is a document that outlines the key information and specifications for creating a piece of content. It typically includes details such as the content's purpose, target audience, messaging, format, tone, style, key points, desired outcomes, and any specific guidelines or requirements.
By filling out a content brief, marketers can provide clear instructions to content creators and ensure that the content aligns with their goals and objectives.
A content template, on the other hand, is a pre-designed framework or structure that marketers can use as a starting point for creating various types of content. It includes predefined sections or placeholders for elements such as headlines, subheadings, body text, images, videos, calls to action, and other relevant components.
Marketers can customize the template by filling in the specific details and adapting it to fit the needs of each content unit.
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Disadvantages of choosing a job that is extremely popular or in demand
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The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Developing a _______ can help a manager identify and define the markets in which the firm wants to compete. multiple choice question.
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Developing a strategic plan can help a manager identify and define the markets in which the firm wants to compete.
A strategic plan is a comprehensive document that outlines the organization's goals and objectives, along with the strategies and tactics to achieve them. It helps the manager to assess the internal and external environment, understand the target market, analyze competition, and make informed decisions regarding market selection. The strategic plan provides a roadmap for the organization's future direction and guides decision-making processes.
Developing a comprehensive marketing strategy is a crucial step for a manager to effectively position their firm in the marketplace. A marketing strategy serves as a roadmap that outlines the objectives and actions necessary to achieve those objectives. By developing a well-defined marketing strategy, managers can gain clarity on the markets they want to target and the competitive advantages they possess.
A robust marketing strategy involves conducting market research and analysis to identify target markets, understand customer needs and preferences, and assess the competitive landscape. This information helps managers determine the specific segments or niches within the larger market that align with their firm's strengths and objectives.
Furthermore, a marketing strategy outlines the key marketing mix elements: product, price, place, and promotion. Managers need to carefully consider each element and tailor their approach to suit the identified target markets. This involves developing products or services that meet customer demands, setting competitive pricing strategies, selecting appropriate distribution channels, and creating effective promotional campaigns.
A well-crafted marketing strategy also takes into account the firm's resources, capabilities, and constraints. It aligns the organization's overall goals with the marketing objectives and guides resource allocation to ensure optimal utilization and return on investment.
By having a clear marketing strategy in place, managers can make informed decisions about market entry, product development, pricing strategies, promotional activities, and distribution channels. It helps them focus their efforts and resources on the markets and opportunities that offer the greatest potential for success.
Overall, developing a robust marketing strategy is essential for managers to identify and define the markets in which their firm wants to compete. It provides a structured approach to understanding customer needs, positioning the firm's offerings, and gaining a competitive edge in the marketplace.
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how does a hotel support tourism industry ? explain
Answers
Answer:
Hospitality generates revenue for local economies directly when tourists spend money in hotels, restaurants and entertainment venues. It also helps economies indirectly because tourists purchase retail goods, pharmacy items and locally made souvenirs and crafts.
Mnemonics are a tool to aid which of the following?
A. Perception
B. Memory
C. Rewards
D. Confidence
Answers
Answer:
B. Memory
Explanation:
Mnemonics are a tool to aid memory.