The following is a description of the conversion cycle of Central Production Limited:
The conversion cycle of the company is triggered by a report from the warehouse. When the quantity of an inventory item falls below a pre-set minimum level, the warehouse manager sends an online inventory status report to production department advising them to schedule a production batch run for the item.
Upon receipt of the report, the production clerk assesses the digital bill of materials and the route sheet files for the item to be produced and adds the production details to the online production schedule.
The system automatically adds a record to the open work order file and sends an online work order to the work centre supervisor’s computer and to the accounting clerk’s computer.
The work centre supervisor receives the work order from his computer and print hard-copy move tickets and materials requisitions for each production process. Production employees take the materials requisitions to store clerk and receives the materials and subassemblies needed to perform the production tasks. If additional materials beyond the standard amount is needed, the work centre supervisor prepares additional materials requisitions.
Production employees complete job time tickets after completing a production process to record the time spent on the job. The job time tickets are then sent together with the move tickets to the accounting department.
After releasing the materials into production, the store clerk updates the material inventory records and send the materials requisitions to accounting department. The clerk prepares a journal voucher and posts to the general ledger material control account at the end of each day.
The accounting clerk assesses the work orders and set up a work-in-process account for a production batch. Throughout the production period, the clerk also receives move tickets, job tickets, and materials requisitions, which he uses to post to the work-in-process account. At the end of each day, the accounting clerk prepares a digital journal voucher and post it to the general ledger work-in- process and finished goods control accounts.
Identify the risks exist in the conversion cycle of Central Production Limited. (10 marks, maximum 300 words)

Answers

Answer 1

Answer: Provided in the explanation section

Explanation:

Conversion Cycle is the cycle which track records for the arrangement of crude material to completed products.  

Here on the best possible perspective all in all of the procedure:  

1. Triger by distribution center dept ( Raw material Keeper)  

2. Produnction chief updates the request to be finished and include further up and coming requests assuming any.  

3.It will produce online request slip and straightforwardly post to chiefs tab + bookkeeper tab  

4. Manager take material and issue to gathering dept ( abundance material necessity is given by his position too)  

5. Time + work both finished card sare sent to Accountanct  

6. When request finished Accountant update the WIP just as Inventory in books.  

Hazard in the Conversion Cycle:  

After receipt of material and charging it to FG as Inventory in books  

- Risk is hindering of assets in overabundance keeping of stock, As material level down after a specific level automatc trigger alternative is set up, which cautions the productin withdraw. to decide the future prerequisite according to the productin request in hands ( Good control set up)  

Second, Online workorder to Supervisior, All chief gets their no. of creation request ( to be finished on the web) - Good control set up  

Third, Supervisor on hand, place the material prerequisite ( and if any overabundance necessity - " NO FURTHER APPROVAL" is made to store representative. here hazard is medium over the demand well beyond the Order indicates by the creation dept.  

Fourthly, creation representatives itself are getting ready thier work tickets ( " NO AUTHENTICATION")- As tickets are finished by creation representatives itself control of information info or its endorsement is inadequate.  

Fifth, Accountant decides himeslef the WIP , FG of the request over the crude information got as employment card, time card, material order Risk is bookkeeper simply need to verifiy the information from the information got from the creation L2 official as opposed to himself keep up the quantities of the activity.  

From above it is anything but difficult to catch the degree of hazard at different level in the above procedure of Central creation Limited.


Related Questions

how do barriers of entry affect small business especially in townships ​

Answers

Explanation:

Common barriers to entry include special tax benefits to existing firms, patent protections, strong brand identity, customer loyalty, and high customer switching costs. Other barriers include the need for new companies to obtain licenses or regulatory clearance before operation.

Barriers to entry act as a deterrent against new competitors. They serve as a defensive mechanism that imposes a cost element to new entrants, which incumbents do not have to bear.

Barriers to entry are the obstacles that make it difficult for the new businesses to enter particular market.

What is a market?

A market can refer to physical locations such as a marketplace or a shopping mall, or to virtual spaces such as online marketplaces like Am-azon or e-Bay. Markets exist because people have needs or wants that they cannot satisfy on their own, and they are willing to trade something of value, such as money, in order to obtain the things, they need or want. Markets can be regulated or unregulated, and they can be segmented based on a variety of factors such as geography, demographics, or product type. Efficient markets are characterized by a large number of buyers and sellers, low barriers to entry, and the availability of information.

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Complete Question:

How do barriers of entry affect small business especially in townships?

reason we study persuasion

Answers

Answer:

to persuade a customer into buying a product you offer.

Explanation:

good business traits are Confidence , Honesty , Determination and Ability to Persuade. As a business owner I use persuasion to sell new tires everyday at my auto shop. So from personal experience i can say that is a reason to study persuasion.

Which is the MOST LIKELY reason your auto insurance policy will be cancelled?
O You failed to pay your monthly premiums for the past 3 months.
O You have less than a 2.5 grade point average.
O You bought a really fast sports car.
O You receive your first ticket for making an illegal U-Turn.
Question 17

Answers

The most likely reason your auto insurance policy will be canceled if you failed to pay your monthly premiums for the past 3 months. The correct option is A.

The cancellation of an insurance policy is frequently caused by failure to pay premiums. In order to continue coverage, insurance companies require regular premium payments. If a policyholder frequently defaults on premium payments, the insurer may decide to cancel the policy.

For any reason, policyholders are free to revoke their motor insurance coverage at any moment. Furthermore, you are never required to terminate your policy once it has been in effect for its whole term.

Thus, the ideal selection is option A.

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What are some public policies and what the broad social goals that are most likely targeted by the policies?


Help please:/

Answers

Answer:

Students work in small groups and are assigned a version of diary excerpts written by a student intern working for a policymaking legislator. Half the groups read a diary that focuses on stability, security, and equity as broad social goals. The other half read a diary that focuses on freedom, efficiency, and growth. Students determine which broad social goals are emphasized in their reading.  During a debriefing, students will discuss broad social goals and identify how trade-offs arise when a society pursues competing social goals. Finally, students choose a current social issue and develop a public policy to deal with that issue, identifying the goals they are attempting to achieve and trade-offs that might arise in terms of other worthy goals.

Explanation:

Help help help help help help

Help help help help help help

Answers

Answer:

37%

Explanation:

I did the division 290/780*100. Mark brainliest if this answer helped you

If I have bought 4 books and 1 pen plus tax each: $12.99, $12.99, $11.99, $7.99, and $3.99. I gave them $60.00. How much money do I get back?

Answers

$10.05

Your total would be $49.95.
$60 - $49.95
= $10.05

Which liability account is typically settled by providing goods or services rather than by paying cash

Answers

It should be noted that Accounts Payable serves as liability account which  is typically settled by providing goods or services rather than by paying cash.

What is Accounts Payable?

Accounts Payable  can be explained as short-term debt payment that should be paid to avoid default.

Accounts Payable can be explained as liability due to a particular creditor when goods is ordered by him without paying in cash up front.

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Which of the following supports a business strategy that incorporates the key
operational capability of flexibility?
O Utilizing specialized, automated equipment for consistent product buildup
O Using electronic tools to improve customer communications
Having high quality standards for suppliers
O Reducing labor and shelving costs
O Maintaining excess production capability

Answers

Business strategy that incorporates the key operational capability of flexibility is utilizing specialized, automated equipment for consistent product buildup.

Thus, the correct option is A.

What is Business strategy?

A business strategy explains the precise methods through which a company intends to position itself, accomplish its short- and long-term objectives, and expand over time.

A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.

Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.

A strategy is essentially just a hypothesis. For a strategy to be effective, the issue that needs to be resolved must be accurately diagnosed, a guiding policy must be established to handle the issue, and a set of cogent actions must be proposed to carry out the policy.

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How can life expectancy and literacy rates affect the quality of labor in the economy?​

Answers

Explanation:

Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out

In late 2020, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 6,000,000 shares of common stock carrying a $1 par value, and 2,000,000 shares of $5 par value, noncumulative, nonparticipating preferred stock. On January 2, 2021, 4,000,000 shares of the common stock are issued in exchange for cash at an average price of $10 per share. Also on January 2, all 2,000,000 shares of preferred stock are issued at $20 per share.

Required:
1. Prepare journal entries to record these transactions.
2. Prepare the shareholders' equity section of the Nicklaus balance sheet as of March 31, 2021. (Assume net income for the first quarter 2021 was $1,750,000.)

Part B
During 2021, the Nicklaus Corporation participated in three treasury stock transactions:

On June 30, 2021, the corporation reacquires 250,000 shares for the treasury at a price of $12 per share.
On July 31, 2021, 25,000 treasury shares are reissued at $15 per share.
On September 30, 2021, 25,000 treasury shares are reissued at $10 per share.

Required:
1. Prepare journal entries to record these transactions.
2. Prepare the Nicklaus Corporation shareholders' equity section as it would appear in a balance sheet prepared at September 30, 2021. (Assume net income for the second and third quarter was $3,250,000.)

Part C
On October 1, 2021, Nicklaus Corporation receives permission to replace its $1 par value common stock (6,000,000 shares authorized, 4,000,000 shares issued, and 3,800,000 shares outstanding) with a new common stock issue having a $0.50 par value. Since the new par value is one-half the amount of the old, this represents a 2-for-1 stock split. That is, the shareholders will receive two shares of the $0.50 par stock in exchange for each share of the $1 par stock they own. The $1 par stock will be collected and destroyed by the issuing corporation.

On November 1, 2021, the Nicklaus Corporation declares a $0.18 per share cash dividend on common stock and a $0.35 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2021, to shareholders of record on November 15, 2021.

On December 2, 2021, the Nicklaus Corporation declares a 1% stock dividend payable on December 28, 2021, to shareholders of record on December 14. At the date of declaration, the common stock was selling in the open market at $10 per share. The dividend will result in 76,000 (0.01 Ã 7,600,000) additional shares being issued to shareholders.

Required:
1. Prepare journal entries to record the declaration and payment of these stock and cash dividends.
2. Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. (Assume net income for the fourth quarter was $2,750,000.)
3. Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021.

Answers

Answer:

Nicklaus Corporation

1. Journal Entries:

Debit Cash $40 million

Credit Common Stock $4 million

Credit Additional paid-in capital- Common stock $36 million

To record the issue of 4 million shares at $10 each.

Debit Cash $40 million

Credit Preferred stock $10 million

Credit Additional paid-in capital - preferred $30 million

To record the issue of 2 million share at $20 per share.

2. Shareholders' equity as of March 31, 2021:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 4 million, $1 par value       $4 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Retained Earnings                                          1.75 million

3. Journal Entries:

June 30, 2021:

Debit Treasury stock $3 million

Credit Cash $3 million

To record the purchase of 250,ooo shares of treasury stock at $12.

July 31, 2021:

Debit Cash $375,000

Credit Treasury stock $375,000

To record the reissue of 25,000 shares of treasury stock at $15 per share.

Sept 30, 2021:

Debit Cash $250,000

Credit Treasury stock $250,000

To record the reissue of 25,000 shares of treasury stock at $10 per share.

2. Shareholders' equity as of September 30, 2021:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 4 million, $1 par value       $4 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings                                          5 million

Part C:

1. Journal Entries:

Oct. 1, 2021: Memorandum record to note the change:

Stock-split Common stock, 8 million, $0.50 par value

Nov. 1, 2021:

Debit Cash Dividends:

Common stock = $1,368,000

Preferred stock = $700,000

Credit Cash $2,068,000

To record the payment of dividends.

Dec. 2, 2021:

Debit Stock dividend $38,000

Credit Common Stock $38,000

To record the issue of shares.

Debit Retained Earnings $38,000

Credit Stock dividends $38,000

To record the the declaration.

2. Shareholders' equity as of December 31, 2021:

Capital

Authorized:

Common stock 12 million, $0.50 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued and outstanding:

Common stock 8.076 million, $0.50 par value $4.038 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings                                          5.644 million

3. Statement of Shareholders' equity:

Common stock 8.076 million, $0.50 par value $4.038 million

Additional paid in capital - common stock 36 million

Preferred stock 2 million, $5 par value      10 million

Additional paid in capital- preferred stock 30 million

Treasury stock - common stock, 200,000 ($2.375 million)

Retained Earnings $5,000,000

Net income               2,750,000

Dividends paid        (2,068,000)

Stock dividends         ($38,000)                   5.644 million

Explanation:

a) Data and Calculations:

Capital

Authorized:

Common stock 6 million, $1 par value

Noncumulative, nonparticipating preferred stock, 2 million, $5 par value

Issued:

Common stock 4 million, $1 par value, issued at $10

Preferred stock 2 million, $5 par value, issued at $20

June 30, 2021 Treasury stock $3 million Cash $3 million

July 31, 2021 Cash $375,000 Treasury stock ($375,000)

Sept 30, 2021 Cash $250,000 Treasury stock ($250,000)

Oct. 1, 2021:

Stock-split Common stock, 8 million, $0.50 par value

Nov. 1, 2021:

Cash Dividends:

Common stock = $1,368,000 ($0.18 * 7,600,000)

Preferred stock = $700,000 ($0.35 * 2,000,000)

Dec. 2, 2021:

Stock dividends:

Additional shares issued = 76,000 (7,600,000 * 1%)

Issued at par $0.50

Stock dividend = $38,000

1. Conceptual skills consist of the job-specific knowledge needed to perform well in a specialized Field and technical Skill, consist of the ability to think analytically, to visualize an organization as a whole and understand how parts work together.

True/ False


2.The perception that all people in a certain group share common Attitudes,Values, and beliefs is known as stereotyping.

True/ False


3.The Management Function of leading is defined as monitoring performance, comparing it with goals and taking corrective action as needed and Controlling is defined as motivating, directing, and otherwise influencing people to work hard to achieve Organization Goals.

True/False


4.Social Responsibility is the notion that Corporations are expected to go above and beyond following the law and making a profit and Corporate Social Responsibility (CSR) is a Manager's duty to take actions that will benefit the interest of Society as well as of the Organizations.

True/False


5. There are three types of Organizations classified according to the three purposes for which they are formed

(1) For-Profit,

(2) Nonprofit, and

(3) Mutual-Benefit.


6.An independently owned and managed profit-seeking Enterprise employing fewer than 100 people is called a Small Business.

True/False


7.A Vision Statement expresses the purpose of the Organization and a Mission Statment expresses what the organizaion should become and where it wants to go strategically.

True/False


8.Outsourcing is defined as using suppliers outside the United States to provide labor, goods, or services, and Global Outsourcing is define as using suppliers outside the company to provide goods and services.

True/False

10. The traditional Management Pyramid is composed of three levels of Management : (1) Top Management

(2) Middle Management and

(3) First-Line Maagement (Lower Level). Top Managers make long term decisions, Middle Managers implement those decisions, and First-Line Managers make short-Term decision.

Answers

False. The statement is incorrect. Conceptual skills refer to the ability to think abstractly and understand complex ideas and relationships between different parts of an organization.

These skills allow individuals to think strategically and develop creative solutions to problems. Technical skills, on the other hand, refer to the specialized knowledge and abilities required to perform specific tasks related to a particular field. They involve the ability to use tools, techniques, and procedures to complete tasks in a specialized area. Therefore, the correct statement is that conceptual skills consist of the ability to think abstractly and understand complex relationships, while technical skills involve specialized knowledge and abilities needed to perform specific tasks.

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(9782)
कीजिए।
b) Dr. Sapna got her MBBS degree. As she is going to start a profession, she should be aware of
the feature of Profession. What features of profession she should know?
(Lesson 2)

Answers

Answer:

As she is going to start a profession, she should be aware of  the feature of Profession and features of profession she should know is explained below in detail.

Explanation:

A profession is described as obtaining high expertise in a certain discipline and working to develop all that field for the well-being of the earth.

As Doctor Sapna is about to operate for the well-being of all the people. She should have fascinating of the following characteristics of professionalism, such as:

Practical experienceAccountabilityWell trained in all the technical toolsNo discretion is choosing the patientsDirect work relationshipEthical constraintsGreat responsibilityMerit-basedMoral in working

3. How did followers in this case act in ways that contribute to the power of destructive leaders and their goals? What was the debilitating impact their actions had on the organizations?

Answers

The followers in the Penn State Sexual Abuse Scandal acted in ways that contributed to the power of the destructive leader and his goals.

How did followers contributed to power of the destructive leader?

Jerry Sandusky was convicted of sexually abusing multiple young boys over a period of several years which has erupted following Sandusky's arrest revealed a pattern of behavior in which followers including university officials and members of the football program.

This rruption enabled Sandusky's abusive behavior by ignoring or covering up reports of misconduct. In some cases, individuals who spoke out against Sandusky's behavior were ostracized or punished for challenging the status quo. This pattern of behavior allowed Sandusky to continue his abuse unchecked and contributed to the power he held over those around him.

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Which of the following statement is correct?

a. firms in monopoly can sell non-commodities while firms in monopolistic competition cannot.
b. firms in monopoly can sell a commodity while firms in monopolistic competition cannot.
c. firms in monopoly are price setters while firms in monopolistic competition are not.
d. firms in monopoly can make economic profit in the short run while firms in monopolistic competition cannot.

Answers

Answer:

the correct answer I to this question is c

Key Co. plans to present comparative financial statements for the years ended December 31, 20X1 and 20X2, respectively. Smith, CPA, audited Key's financial statements for both years and plans to report on the comparative financial statements on May 1, 20X3. Key's current management team was not present until January 1, 20X2. What period of time should be covered by Key's management representation letter

Answers

Answer: B.  January 1, 20X1, through May 1, 20X3

Explanation:

The management representation letter should cover all the periods that will be in the auditor's report not just the periods that the current management team was in effect in.

Even though the financial statements are for the years ended December 31, 20X1 and 20X2, the auditor has a responsibility to include the events that happened all the way up to the date the reports will be released on May 20X3.

This is why the management representation letter needs to include the entire period of January 1, 20X1, through May 1, 20X3 because those will be in the audit report.

Turner, Roth, and Lowe are partners who share income and loss in a 2:3:5 ratio (in percents: Turner, 20%; Roth, 30%; and Lowe, 50%). The partners decide to liquidate the partnership. Immediately before liquidation, the partnership balance sheet shows total assets, $138,000; total liabilities, $88,000; Turner, Capital, $3,500; Roth, Capital, $14,500; and Lowe, Capital, $32,000. Cash received from selling the assets was sufficient to repay all but $33,000 to the creditors. Assume that the Turner, Roth, and Lowe partnership is a limited partnership. Turner and Roth are general partners and Lowe is a limited partner. How much should each partner contribute to cover the remaining capital deficiency of $33,000? (Do not round intermediate calculations. Losses and deficits amounts to be deducted should be entered with a minus sign.)

Answers

Answer:

The capital deficiency of $33,000 will be shared between Turner and Roth in the proportion of their income and loss sharing ratio of 2:3.

Turner will need to further contribute $13,200 ($33,000 x 2/5)

Roth will contribute $19,800 ($33,000 x 3/5)

Lowe is a limited partner and will not contribute to the capital deficiency.

Explanation:

Lowe as a limited partner is a part-owner of the partnership but his liability for the firm's debts cannot exceed $32,000 being the amount that has invested in the company.  As a silent partner, Lowe does not participate in the management of the company.

The Limited Partnership of Turner, Roth, and Lowe is a partnership consisting of general partner(s) like Turner and Roth, who manage the business and have unlimited personal liabilities for the debts and obligations of the Limited Partnership and Lowe as the limited partner.  Whereas, Turner and Roth are in charge of the management of the company, Lowe is a silent partner.

If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27

Answers

The range between $3 and $27 is three standard deviations away from the mean.

Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.

According to the given information, the population mean is $15, and the population standard deviation is $4.

This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.

Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.

The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.

To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.

The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.

To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.

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During its first year in business, Comfy Home accounted for its inventory using the last in first out (LIFO) method. In the second year of business, Tenisa asks the accountant if the company can switch to first in first out (FIFO) because she recently learned FIFO will tend to increase both the value of assets and net income. The accountant tells Tenisa that US GAAP allows a company to choose its inventory valuation method as long as it doesn't change over time without a justifiable reason. This is an example of the principle of:________

a. Conservatism.
b. Relevance.
c. Consistency.
d. Reliability.

Answers

Answer:

Consistency principle

Explanation:

Accounting principles are defined as the general rules of.axcpunting that businesses are expected to follow when reporting financial information.

Accounting principles include:

- Accrual principle

- Conservatism principle

- Consistency principle

- Cost principle

- Economic entity principle

- Full disclosure principle

- Going concern principle

- Matching principle

- Materiality principle

- Monetary unit principle

- Reliability principle

- Revenue recognition principle

- Time period principle

Consistency principle requires one the continue using an accounting method consistently for future accounting periods so that information can be easily comparable.

In the given scenario the accountant tells Tenisa that US GAAP allows a company to choose its inventory valuation method as long as it doesn't change over time without a justifiable reason.

This is an example of consistency principle

5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60% ​

Answers

Answer: C. 40.4%

Explanation:

To find the rate of change in production, we can use the following formula:

Rate of change = (New value - Old value) / Old value * 100

Where,

Old value = Production of last month = 900

New value = Production of this month = 1264

Substituting the values in the formula,

Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%

Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!

Answer:

The correct answer is C.

Explanation:

The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%

Categorize the statements according to whether they promote economic growth or inhibit economic growth. Promote economic growth Inhibit economic growth clear laws regarding the transfer of property from one person to another the creation of a price floor on sugar the enforcement of trademarks A nation's central bank declares it will print money to pay for government expenditure. the development of regulations that make creating small businesses difficult a corrupt government the use of competitive markets to allocate goods and services

Answers

Answer:

Categorization of Statements

Promotion of Economic Growth:

- clear laws regarding the transfer of property from one person to another

- the enforcement of trademarks

- A nation's central bank declares it will print money to pay for government expenditure.

- the use of competitive markets to allocate goods and services

Inhibition of Economic Growth:

- the creation of a price floor on sugar

- the development of regulations that make creating small businesses difficult

- a corrupt government

Explanation:

Economic growth can be increased by the reduction of the borrowing costs and interest rates and encouraging consumer spending and business investments.

The factors that inhibit economic growth also create market inefficiencies. They include lack of basic infrastructure, healthcare, and education, capital flight and economic uncertainties, ageing population, political instability, and rampant corruption.

Trong ngành công nghiệp thì doanh nghiệp đã dùng tiêu thức nào để phân khúc thị trường

Answers

Answer:

which language is this???

Outline their economic importance

Answers

The economic importance of publicly traded companies include:

Job creation Innovation Wealth creation
How are publicly traded companies important to the economy ?

Publicly traded companies are often large employers, and their growth and expansion can create jobs and stimulate economic activity. Publicly traded companies are often at the forefront of new technology and innovative business models, which can drive economic growth and productivity.

Publicly traded companies can create wealth for investors, employees and other stakeholders. When the companies perform well, their stock price increases and shareholders can reap the benefits in the form of dividends and capital appreciation.

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The full question is:

Publicly traded companies are less than 1% of the companies in the United States. Outline their economic importance.

In union terms, a direct strike occurs:

a. when an organized body of workers withholds its labor to force the employer to comply with its demands.
b. when union members and their supporters refuse to buy products from a company being struck.
c. when workers who have no particular grievance of their own and who may or may not have the same employer decide to strike in support of others.
d. when people refuse to patronize companies that handle products of struck companies.

Answers

Answer:

. when an organized body of workers withholds its labor to force the employer to comply with its demands.

Explanation:

According to the above material, there exist large differences between economic growth rate using traditional expenditure approach and the satellite night-light data. How do you evaluate the night-light data method? and can you identify several reasons why there exists such differences?

Answers

The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Objective and Timely: Satellite night-light data provides an objective and timely measure of economic activity. Wide Coverage: Night-light data can cover large geographical areas, including remote and inaccessible regions. Granularity: The data can be analyzed at a fine-grained level, allowing for detailed spatial analysis of economic patterns. This can help identify pockets of growth and disparities within regions.

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

Informal Economy: The traditional expenditure approach relies on official economic data, which may not fully capture the informal sector. Data Limitations: Night-light data has its limitations. It primarily measures economic activity related to lighting, which may not capture other dimensions of economic growth such as services or knowledge-based industries. Urbanization Bias: Night-light data tends to be more representative of urban areas with higher population density and greater access to electricity. Structural Changes: The traditional expenditure approach focuses on consumption and investment, while night-light data primarily captures the energy consumption associated with lighting.

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Jim has to step into an existing high-priority project as the current project manager has suddenly reported sick just before an important milestone. He finds that the team is exhausted on account of the high workload, morale is low, and the client is pushing forward with previously agreed but clearly unreasonable deadlines. 1. What is the second most effective responsive? Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Jim tries to maintain the status quo and presses forward with the team to ensure client deadlines are met, no matter what. It is just a matter of holding the fort till the original project manager is back. Jim decides it is not worth stake his reputation on an ill-fated project, informs his director accordingly with a status report detailing the issues, and excuses himself from the project.

Answers

The second most effective response is, Jim decides to set the house in order. He informs his director with a status report detailing the issues, informs him that he would be talking with the client to discuss the deadlines, and needs to sit with the team to review and resolve the issues to the extent possible before the next scheduled delivery. Option a is correct.

The second most effective response would be option (a). Jim needs to communicate with the director about the situation and then address the issues with the team and client. It is important to set realistic expectations and ensure that everyone is on the same page. Ignoring the problems and pressing forward (option b) could result in further burnout and even more problems down the line.

Walking away from the project (option c) is not a good option either, as it does not address the current situation and could harm Jim's professional reputation. It is important to take responsibility and make an effort to improve the situation to the best of Jim's ability. Option a is correct.

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In what sense is test marketing a special type of experiment? What are its main objectives?

Answers

The objective of test marketing is to find the limitations and strengths of the product based on customers' reactions. It also helps us to structure the marketing strategy of that product. A test marketing campaign aims to predict the revenue model (sales, profit, pricing).

HURRRYYYY PLEASE HELP ME ASAP!!!!
1, Select a company with an international presence that you are familiar with or that you learn about by searching the internet

2.Identify the laws, treaties, acts, and governing bodies (e.g. U.N., WTO, and IMF) that impact their business.

3.Explain the impact these laws, treaties, acts, and governing bodies have on their business.

4.Differentiate the impact of those various laws etc. on their business abroad from the impact of similar things on their business in the United States.

Please provide citation and reference to sources. Quoted language must be put inside quotation marks

Answers

The WTO has a major impact on Toyota in a similar manner.The WTO's primary responsibility is to negotiate trade regulations among its members. As a result, the WTO regulations have a big impact on the Toyota industry.

The company is permitted to import and export the medicine in accordance with WTO regulations. The WTO may have both beneficial and bad effects on enterprises.

Toyota was able to enhance product exports with the help of the WTO. As the WTO upholds the organization's viewpoint to comply with WTO regulations and rules, the company's sales rate has increased.

However, the WTO also has a detrimental effect on Toyota's operations. Due to the substantial influence of its quantity of exports, the World Trade Organisation has continually raised the tariff ceiling. Therefore, it is conceivable to assert that the WTO has an impact on the Toyota company both advantageously and badly.

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Explain all the reasons why a decrease in the price of a product would lead to an increase in purchases of the product?

Answers

Since it is cheaper many people would want to buy this product and it would make the company more money and more sails

How do I write a presentation of income statement

Answers

When writing a presentation of an income statement, there are several key elements to include:Introduction, Revenue, Cost of Goods Sold (COGS), Gross Profit etc.

Introduction: Begin by introducing the purpose of the income statement and its significance in financial reporting. Explain that the income statement provides a snapshot of a company's financial performance over a specific period.

Revenue: Present the company's total revenue or sales figure prominently. Discuss any significant changes or trends in revenue compared to previous periods or industry benchmarks. Highlight key sources of revenue, such as product lines or customer segments.

Cost of Goods Sold (COGS): Explain the costs directly associated with producing or delivering the company's products or services. Discuss the COGS as a percentage of revenue and analyze any variations or reasons behind cost fluctuations.

Gross Profit: Calculate the gross profit by subtracting COGS from total revenue. Discuss the gross profit margin and its implications for the company's profitability and efficiency in generating revenue.

Operating Expenses: Present and analyze the various operating expenses, such as marketing, salaries, rent, and utilities. Discuss any changes in operating expenses and their impact on the company's profitability.

Operating Income: Calculate the operating income by subtracting operating expenses from gross profit. Explain the significance of operating income as a measure of the company's core business profitability.

Other Income and Expenses: Include any additional income or expenses that are not directly related to the company's core operations, such as interest income or non-operating losses.

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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?

Answers

The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)

\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

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