what is a danger associated with not negotiating for salary? group of answer choices you will be underpaid. your underpayment will reverberate through your career via the power of compounding. the employer will start to question the wisdom of hiring you. all of the other factors are dangers associated with failing to negotiat
Answers
The danger associated with not negotiating for salary is that you will be underpaid. The strength of compounding will cause the underpayment you received to affect your entire career. The prudence of hiring you will be called into question by the employer.
When you fail to negotiate for salary, you risk accepting a compensation package that is lower than what you deserve or what is aligned with the market value for your skills and experience. This can have long-term consequences for your career and financial well-being. Here's an explanation of the danger:
Underpayment: By not negotiating, you may end up with a salary that is lower than what you could have obtained through negotiation. This means you may be earning less than your colleagues or counterparts in similar positions. Over time, this can result in financial dissatisfaction and hinder your ability to meet your financial goals.
Compounding effect: The impact of accepting a lower salary can reverberate throughout your career due to the power of compounding. Salary increases and future job offers are often based on your previous salary. If you start with a lower salary, subsequent raises and new job offers may be calculated as a percentage of that lower base, perpetuating the gap between your actual worth and your compensation.
Employer perception: Failing to negotiate for salary may signal to the employer that you are not confident in your abilities or do not value yourself appropriately. It can create doubts about your assertiveness and negotiation skills, potentially affecting how they view your overall suitability for the role and your commitment to maximizing your own value.
Missed opportunities: Not negotiating can result in missed opportunities for financial growth and advancement. Salary negotiations not only impact your current earnings but also set the foundation for future negotiations and career progression. By not advocating for yourself, you may miss out on higher salaries, better benefits, bonuses, and other perks that can contribute to your financial stability and professional satisfaction.
not negotiating for salary can lead to being underpaid, which has a compounding effect on your career and financial well-being. It may also impact how employers perceive your value and limit your opportunities for future growth. It is important to advocate for yourself and negotiate to ensure fair and competitive compensation that reflects your worth and contributes to your long-term success.
Learn more about negotiating ,visit:
https://brainly.com/question/28460729
#SPJ11
Related Questions
What is business overview
Answers
Answer:
A company overview (also known as company information or a company summary) is an essential part of a business plan. It's an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.
Explanation:
Answer:
It is an essential part of a business plan. It's an overview of the most important points about your company.
Explanation:
Hope this helps!
A progressive rate structure and a proportionate rate structure both result in vertical equity across taxpayers.
a. true
b. false
Answers
A progressive rate structure and a proportionate rate structure both result in vertical equity across taxpayers.
This statement is false.
Vertical equity is a method of taxing income that pays more tax as income increases. Vertical equity is based on the principle of solvency through progressive or proportional taxation.
Horizontal equity is the principle that taxpayers with the same income should pay the same tax. Vertical equity requires tax liability to scale with income, so if A has more income than B, then A owes more income tax than B.
Vertical equity is also called “progressive taxation” because tax rates rise with income. It is much easier to implement the concept of vertical equity in an income-based tax than in a wealth-based tax.
Learn more about taxpayers here https://brainly.com/question/26479536
#SPJ4
Suppose initially the demand for towels is given by qd = 100− 5p, and the supply of towels is given by qs = 10p. now suppose that at every price, 20 fewer towels are offered for sale. what is the new equilibrium price in the market?
Answers
List what should be considered when calculating a budget for each scenario. Think about the labor, materials, and locations involved.
1. Recommendation for the creation of a new position within a company—a social media expert to help the company reach out to younger consumers.
2. Recommendation to replace your company’s outdated wireless-N routers with newer wireless-AC routers.
3. Recommendation to build an Olympic-sized swimming pool at School.
4. A proposal for a research project to use focus groups to gauge consumer reaction to your company’s new purple polar bear plush toy and your competitor’s ninja aardvark toy.
5. A proposal to switch from styrofoam and plastic products to only biodegradable products in your company’s cafeteria.
Answers
Recommendation for the creation of a new position within a company—a social media expert to help the company reach out to younger consumers: Labor, Locations.
Labor: Consider the salary and benefits for the social media expert, including any additional team members they may require.
Materials: Assess the cost of necessary equipment, software, and tools for the social media expert's role.
Locations: Evaluate whether the position will be remote or require office space, taking into account office rental costs, utilities, and any associated expenses.
Recommendation to replace your company's outdated wireless-N routers with newer wireless-AC routers:
Labor: Consider the cost of IT staff or external professionals to install and configure the new routers.
Materials: Calculate the cost of purchasing the wireless-AC routers and any additional network cables or accessories required.
Locations: Determine if the installation requires any changes to the network infrastructure or physical locations, and account for associated costs.
Recommendation to build an Olympic-sized swimming pool at School:
Labor: Consider the cost of architects, engineers, construction workers, and project managers involved in the design and construction of the pool.
Materials: Estimate the cost of construction materials, pool equipment, filtration systems, and safety features.
Locations: Assess the land acquisition cost, site preparation, and potential infrastructure requirements (e.g., plumbing, electricity) for the pool's location.
A proposal for a research project to use focus groups to gauge consumer reaction to your company's new purple polar bear plush toy and your competitor's ninja aardvark toy:
Labor: Calculate the compensation for the research team conducting the focus groups, including moderators, analysts, and administrative support.
Materials: Consider expenses for venue rental, audiovisual equipment, recording devices, and incentives for focus group participants.
Locations: Determine the locations for conducting the focus groups and factor in any travel or accommodation costs if necessary.
A proposal to switch from styrofoam and plastic products to only biodegradable products in your company's cafeteria:
Labor: Assess the cost of researching and sourcing biodegradable alternatives, as well as training staff on the proper use and disposal of these products.
Materials: Calculate the cost difference between styrofoam/plastic products and the selected biodegradable products for the cafeteria.
Locations: Consider any necessary adjustments to the cafeteria setup or waste management infrastructure to accommodate the switch.
It is important to note that these considerations are general and may vary based on the specific circumstances of each scenario. Additionally, other factors such as permits, legal requirements, and ongoing maintenance should also be taken into account when calculating budgets for each scenario.
Learn more about company here:
https://brainly.com/question/31808359
#SPJ11
Read the scenario below and then answer the question. Sample scenario: Scientists have created a new grass seed that stops grass growth at a specific length, eliminating the need to mow the lawn. The price of this seed is high, but many consumers still want to use it. As a result, several different producers supply a large amount of this seed to consumers. In order to attract consumers to their product, some producers lower their prices and supply fewer bags of seeds. What is the best description of the grass seed that is described in this scenario
Answers
Answer: a good with an elastic supply
Explanation:
Price elasticity of supply simply refers to how the changes in market price of a good bring about a responsiveness to the supply of such good.
Based on the information given, the best description of the grass seed that is described in this scenario is that it's a good that has an elastic supply. This is because the price of the good in thus case, is sensitive to the changes in the price.
Answer:
It's a good with an elastic supply
Explanation:
edge 2021
This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of people chose rock or country as their favorite type of music?
Answers
Answer:
answer 45
Explanation:
Answer:
45%
Explanation:
Select the correct answer.
What is a similarity between a term life insurance policy and a whole life insurance policy?
A.
Both provide coverage for the policyholder’s medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C.
Both include a cash value component that the policyholder can receive at the end of the policy’s term.
D.
Both provide financial compensation to the beneficiaries upon the policyholder’s death.
Answers
Answer:
D that's the correct trust me
Answer:
D. Both provide financial compensation to the beneficiaries upon the policyholder’s death.
Explanation: PLATO
what was the status of US workplace safety laws in 1900?
Answers
Most states had handed a few protection laws, however enforcement varied.
The required details for Safety Law in given paragraph
Safety Law manner any federal, state, local or overseas law, statute, ordinance, rule, regulation, order, decree, judgment, injunction, permit, license, authorization or other binding requirement, or not law, pertaining to meals protection and quality, including all through the growing, packing, storage, handling or transportation phases.
When the Secretary of State determines that the proprietor of a car has now no longer paid a civil penalty or a agreement settlement bobbing up from the violation of regulations followed below the Illinois Motor Carrier Safety Law or the Illinois Hazardous Materials Transportation Act or that a car, irrespective of ownership, became the situation of violations of those regulations that led to a civil penalty or agreement settlement which stays unpaid.
To know about Safety Law click here
https://brainly.com/question/21082629
#SPJ1
The price of oranges increase, and so consumers buy more strawberries. This is an example of what?
Answers
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what drives this shift in the quantity demanded.
What is Demand?Demand is the amount of a good that buyers are ready and willing to buy at different prices at a particular time. The demand curve is the name given to the relationship between price and quantity demand.
Also, consumers must be able to afford the items they want or need based on their budgeted disposable income.
Demand examines a market's price and purchases from the perspective of the customer. The principle of supply, on the other hand, emphasizes the viewpoint of the provider of the good or service.
Learn more about Demand here:
https://brainly.com/question/1245771#:~:text=Expert%2DVerified%20Answer&text=Determinants%20of%20demands%20are%20income,own%20price%20of%20the%20good.
#SPJ1
You can purchase a car for $13,100 or lease it for $310 per month with a down payment of $700. How long can you lease the car before the amount of the lease is more than the cost of the car
Answers
You can lease the car for up to 40 months before the total cost of leasing exceeds the cost of purchasing the car outright.
To determine how long you can lease the car before the lease amount exceeds the cost of the car, we need to compare the total cost of leasing over time with the cost of purchasing the car outright.
The total cost of leasing over time can be calculated as follows:
Total cost of leasing = Monthly lease payment * Number of months + Down payment
Total cost of leasing = $310 * x + $700, where x represents the number of months leased.
The cost of purchasing the car outright is $13,100.
We need to find the value of x when the total cost of leasing becomes greater than the cost of the car.
$310 * x + $700 > $13,100
Subtracting $700 from both sides:
$310 * x > $13,100 - $700
$310 * x > $12,400
Dividing both sides by $310:
x > $12,400 / $310
x > 40
As a result, you have up to 40 months to lease the vehicle before the overall cost of leasing outweighs the price of buying it outright.
Learn more about lease from the given link:
https://brainly.com/question/15609473
#SPJ11
Select all of the outcomes below which are Pareto inferior. (Hint: there are more than one.) Ray Drink More Water Who (12,7) (6,11) (7,12) Mary Is (9,2) (4,9) (5,8) It (5,3) (15,2) (3,4) 1.(12,7) □2 (6,11) 03 (7,12) 4.(9,2) 5.(4,9) 06. (5,8) 07.(5,3) 8. (15,2) 9.(3,4)
Answers
Pareto inferior outcomes can be identified as outcomes in which at least one person is worse off, and nobody is worse off. Below are the selected Pareto inferior outcomes from the given set of data:(12,7)(6,11)(9,2)(4,9)(5,3)(3,4) Let's analyze each of these Pareto inferior outcomes in detail:
(12,7)In this outcome, Ray will benefit, while Mary will be worse off. Therefore, it's a Pareto inferior outcome.2. (6,11)In this outcome, Mary will benefit, while Ray will be worse off. Therefore, it's a Pareto inferior outcome.3. (9,2)In this outcome, Mary will benefit, while Ray will be worse off. Therefore, it's a Pareto inferior outcome.
(4,9)In this outcome, Ray will benefit, while Mary will be worse off. Therefore, it's a Pareto inferior outcome.5. (5,3)In this outcome, Ray will benefit, while Mary will be worse off. Therefore, it's a Pareto inferior outcome.6. (3,4)In this outcome, Mary will benefit, while Ray will be worse off. Therefore, it's a Pareto inferior outcome.Therefore, the selected Pareto inferior outcomes are (12,7), (6,11), (9,2), (4,9), (5,3), and (3,4).
To know more about inferior visit:
https://brainly.com/question/31839488
#SPJ11
How can employees demonstrate dependability to their employers?
Answers
Answer: Employees can demonstrate dependability to their employers by being consistent with their work.
Answer:
Dependable employees respect deadlines, and make every effort to meet them. Meeting deadlines is accomplished through proper planning and using work hours effectively.
Explanation:
Deductions this week: federal tax $47. 89, fica $43. 02, state $5. 35. What is the annual federal tax deduction?.
Answers
A standard deduction is a single, predetermined-dollar amount deduction.
What is a tax deduction?A provision that lowers taxable income is known as a tax deduction. A standard deduction is one lump sum deduction with a set dollar amount. Higher-income taxpayers generally have substantial deductible expenses, such as state and local taxes paid, mortgage interest, and charitable contributions, making itemized deductions popular among them.
The standard deduction is a defined amount that the government has established that you can deduct from your taxable income. The amount of income that is subject to tax is decreased when you provide this number on your yearly tax return. The standard deduction is adjusted for inflation each year and takes into account how you file your taxes.
To learn more about tax deduction refer to;
https://brainly.com/question/3350870
#SPJ4
Answer:
2, 490.28
Explanation:
Its simple math. 52 weeks in a year- times the amount of federal tax per week. :))
Sally has a decision to make about what she will do in the next 2 years. She can go to school or go straight into the work force. If Sally immediately starts working she will eam 20,000 both years and 2. If she goes to school in year 1 she must pay \$5,000, , but she would eam in year 2. If the interest rate is 5%, calculate the present value for Sally if she goes to school and if she does not. Does the investment in school make sense? Does it make sense if the interest rate is 6% or 4%?
Answers
Answer:
1(a) PV for Sally if she goes to school = $38,322.00
1(b) PV for Sally if she does not go to school = $37,188.21
1(c) Since the present value for Sally if she goes to school of $38,322.00 is greater than the present value if she does of $37,188.21, the investment in school makes sense.
2(a) PV for Sally if she goes to school = $37,557.85
2(b) PV for Sally if she does not go to school = $36,667.85
2(c) Since the present value for Sally if she goes to school of $37,557.85 is greater than the present value if she does not of $36,667.85, the investment in school makes sense.
3(a) PV for Sally if she goes to school = $39,108.73
3(b) PV for Sally if she does not go to school = $36,667.85
3(c) Since the present value for Sally if she goes to school of $39,108.73 is greater than the present value if she does not of $37,721.89, the investment in school makes sense.
Explanation:
Note: This question is not complete. The complete question is provided before answering the question as follows:
Sally has a decision to make about what she will do in the next 2 years. She can go to school or go straight into the workforce. If Sally immediately starts working, she will earn $20,000 in both years 1 and 2. If she goes to school in year 1, she must pay $5,000, but she would earn $47,500 in year 2. If the interest rate is 5%, calculate the present value for Sally if she goes to school and if she does not. Does the investment in school make sense? Does it make sense if the interest rate is 6% or 4%?
The explanation of the answer is now provided in 3 parts as follows:
To calculate the present value of an amount, the following formula is used:
PV = FV / (1 + r)^n ………………. (1)
Where:
PV = present value of an amount
FV = Future value an amount in a particular year
r = interest rate
n = the year in focus
Therefore, we have:
1(a) If the interest rate is 5%, calculate the present value for Sally if she goes to school
Using equation (1), we have:
PV of amount to pay in Year 1 = $5,000 / (1 + 0.05)^1 = $4,761.90
PV of earnings in Year 2 = $47,500 / (1 + 0.05)^2 = $43,083.90
Present value for Sally if she goes to school = PV of earnings in Year 2 earnings - PV of amount to pay in Year 1 = $43,083.90 - $4,761.90 = $38,322.00
1(b) If the interest rate is 5%, calculate the present value for Sally if she does not go to school
Using equation (1), we have:
PV of Year 1 earnings = $20,000 / (1 + 0.05)^1 = $19,047.62
PV of Year 2 earnings = $20,000 / (1 + 0.05)^2 = $18,140.59
Present value for Sally if she does not go to school = PV of Year 1 earnings + PV of Year 2 earnings = $19,047.62 + $18,140.59 = $37,188.21
1(c.) Does the investment in school make sense?
From parts 1(a) and 1(b) above, since the present value for Sally if she goes to school of $38,322.00 is greater than the present value for Sally if she does not go to school of $37,188.21, the investment in school makes sense.
2(a) If the interest rate is 6%, calculate the present value for Sally if she goes to school
Using equation (1), we have:
PV of amount to pay in Year 1 = $5,000 / (1 + 0.06)^1 = $4,716.98
PV of earnings in Year 2 = $47,500 / (1 + 0.06)^2 = $42,274.83
Present value for Sally if she goes to school = PV of earnings in Year 2 earnings - PV of amount to pay in Year 1 = $42,274.83 - $4,716.98 = $37,557.85
2(b) If the interest rate is 6%, calculate the present value for Sally if she does not go to school
Using equation (1), we have:
PV of Year 1 earnings = $20,000 / (1 + 0.06)^1 = $18,867.92
PV of Year 2 earnings = $20,000 / (1 + 0.06)^2 = $17,799.93
Present value for Sally if she does not go to school = PV of Year 1 earnings + PV of Year 2 earnings = $18,867.92 + $17,799.93 = $36,667.85
2(c.) Does the investment in school make sense?
From parts 2(a) and 2(b) above, since the present value for Sally if she goes to school of $37,557.85 is greater than the present value for Sally if she does not go to school of $36,667.85, the investment in school makes sense.
3(a) If the interest rate is 4%, calculate the present value for Sally if she goes to school
Using equation (1), we have:
PV of amount to pay in Year 1 = $5,000 / (1 + 0.04)^1 = $4,807.69
PV of earnings in Year 2 = $47,500 / (1 + 0.4)^2 = $43,916.42
Present value for Sally if she goes to school = PV of earnings in Year 2 earnings - PV of amount to pay in Year 1 = $43,916.42 - $4,807.69 = $39,108.73
3(b) If the interest rate is 6%, calculate the present value for Sally if she does not go to school
Using equation (1), we have:
PV of Year 1 earnings = $20,000 / (1 + 0.04)^1 = $19,230.77
PV of Year 2 earnings = $20,000 / (1 + 0.04)^2 = $18,491.12
Present value for Sally if she does not go to school = PV of Year 1 earnings + PV of Year 2 earnings = $19,230.77 + $18,491.12 = $37,721.89
3(c.) Does the investment in school make sense?
From parts 3(a) and 3(b) above, since the present value for Sally if she goes to school of $39,108.73 is greater than the present value for Sally if she does not go to school of $37,721.89, the investment in school makes sense.
Companies must consider profit margin before buying for organizational use.
True
False
Answers
Answer:
true
Explanation:
marketing professionals and managers share the same long term for the company
assume one of the public schools is privatised. what are the advantages and disadvantages of privatising the school
Answers
Answer:
Advantages:-
1.Reduced political disturbances.
2.Proper facilities
3.The discipline in student is maintained .
4.Students can get proper guidance from teachers.
Disadvantages:-
1. Fee may be increased.
2.The services may lack which was given by government funds.
3.It may cause problem to poor students from poor family.
4.Public holidays is decreased.
How does management continue to learn about each segment over
time?
a. By learning from market leaders in the industry
b. By attending seminars given by experts within the
industry
c. Through market r
Answers
Option c. Through market research and analysis. Management continues to learn about each segment over time through market research and analysis.
This involves gathering information about the target market, customer preferences, trends, and competition. By conducting market research, management can gather data and insights to understand the needs and preferences of customers within each segment. They can identify market trends, monitor changes in customer behavior, and assess the competitive landscape.
Market research can be conducted through various methods, such as surveys, focus groups, interviews, and analyzing industry reports and data. By continuously monitoring and analyzing market data, management can stay updated on the dynamics of each segment and make informed decisions.
While learning from market leaders in the industry and attending seminars given by industry experts can provide valuable insights, market research remains a key method for management to gain knowledge about each segment over time. It allows them to gather firsthand information specific to their target market and make data-driven decisions to better serve their customers.
Learn more about market here:
https://brainly.com/question/14418904
#SPJ11
round 312,5 up to rand
Answers
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
Distinguish between Economic and Non-economic activities on the
basis of
(i) Purpose
(ii) Outcome
Answers
The difference between economic and non-economic activities can be drawn clearly on the following grounds:
An activity related to production and consumption of goods and services for economic gain is known as economic activities. An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity.Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement.Economic activities have a pragmatic approach, in essence, it deals with things in a practical way. As against this, non-economic activities have an idealistic approach wherein more importance is given to human values instead of money.Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.Economic activities are very important for the economy as they add value to the country’s gross domestic product (GDP). As opposed to non-economic activities, which have no influence over country’s national income.Please help!!!!!!!
When a business becomes a corporation, it would be identified by which of the following characteristics?
A)Business owned by one person
B)Business owned by two or more people who operate the business as co-owners
C)Business recognized by law to have a life of its own
Answers
Answer: B
Explanation:
Your friend has been accepted into her #1 choice for college. She’s so excited that she doesn’t bother looking at her financial aid package and wants to confirm her spot right away. What do you tell her and why?
Answers
you should say that although you are beyond ecstatic for her, financial aid is vital for many who are applying to colleges. This could harm her in the long run if she continuously ignores the situation. It could create debt that she may not be able to pay off for many years so it is best that she looks into the financial aid plan before securing a spot
It's natural to be excited and want to confirm her spot right away, but I would suggest that she take the time to review her financial aid package before making any decisions.
What is importance of financial aid package?It's important to understand the financial commitments and obligations that come with attending college, as it can have a significant impact on her future finances. By reviewing the financial aid package, she can get a better understanding of the costs of attending the college and the amount of financial aid she'll receive, including scholarships, grants, and loans.
If she doesn't take the time to review the financial aid package, she may end up with unexpected costs and debt that could have been avoided. It's important to make an informed decision about college and ensure that it's a financially sound decision.
Therefore, I would advise your friend to take the time to review her financial aid package and understand the costs and obligations of attending her dream college before confirming her spot.
Learn more about financial aid package, here:
https://brainly.com/question/30100473
#SPJ2
Segmented income statements ______. Multiple choice question. may be prepared for activities at many levels in a company should only be used for profit centers are best used to determine which locations are profitable, rather than which product lines are profitable may be prepared for the various departments in the company, but not for specific product lines
Answers
Answer:
may be prepared for activities at many levels in a company
Explanation:
Income statement shows the revenues and expenses that a business unit has over a specific period.
Segmented income statement is used to show details of revenue and expenses of different units of an organ at the same time.
It could be arranged by location, product line, department, territory, or sales person.
When the revenues and expenses of different departments is displayed together it helps management make comparison to identify underperforming departments, which helps in planning intervention to boost profit in those departments.
In which market would a producer sell bicycles to consumers?
Answers
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
Learn more about the goods and services market, from:
brainly.com/question/17078982
#SPJ1
Given the following: lifo method 250 units left in inventory beginning inventory 200 units at $6 $1,200 purchases: april 10 400 units at $7 $2,800 may 15 250 units at $7 $1,600 july 9 200 units at $8 $1,600 october 8 100 units at $11 $1,100 the cost of ending inventory is: multiple choice $1,550 $2,300 $1,200 $3,200
Answers
The cost of ending inventory is $1550 using the last in first out method.
"Last-In, First-Out" is an abbreviation for LIFO. It is a method for computing the cost of products sold that supports the cost flow hypotheses. The premise of the LIFO technique is that the most recent things added to a company's inventory have already been sold.
Using the LIFO method, we have to calculate the cost of ending inventory.
First inventory units was 200, at the cost of $6.
200*$6=$1200
The next set of units purchased is at the cost of $7 per unit, we are left with 250 units, so we take the 50 units from the second set of the purchase.
50*$7=$350
So the value of the $1200+$350=$1550.
Therefore, the value of the ending inventory is $1550.
To learn more about inventory refer here
https://brainly.com/question/28501581#
#SPJ4
when asked about whether customers influences his designs for automobiles, it has been claimed that henry ford said that if he had asked his customers what they wanted, they would have asked for what?
Answers
When asked whether customers influenced his designs for automobiles, Henry Ford said that if he had asked his customers what they wanted, they would have asked for "faster horses."
Henry Ford was a renowned businessman and founder of Ford Motor Company. His company began making cars when horses and carts were the major means of road transportation.
Thus, due to his success in car manufacturing, people ask him whether customers influenced his designs for automobiles.
Henry Ford replied that if he had asked his customers what they wanted, they would have asked for "faster horses."
This line of the quote has become one of the guiding principles in product research.
Hence, in this case, it is concluded that sometimes, consumers' or end-users response is not a yardstick to make the product.
Learn more here: https://brainly.com/question/14556608
Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.
Answers
Answer:
economic rent of $65,000
Explanation:
Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum
Economic rent = $150,000 - $85,000 = $65,000
Accounting profit= total revenue - explicit cost
Total revenue =price x quantity sold
Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials
Economic profit = accounting profit - implicit cost
Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives
Without the regulation, economic profit would be driven to zero.
Approximately one third of the global fish stock is considered overfished. Which of the following explanations of overfishing is FALSE?
We are fishing up the foodwebs, removing the species at lower trophic levels first.
Given that no nation can lay legal claim to resources in the open ocean, these resources are more susceptible to overuse and degradation
The growing human population requires protein, leading to a greater demand on fisheries
Answers
The statement that is FALSE is "Given that no nation can lay legal claim to resources in the open ocean, these resources are more susceptible to overuse and degradation."
The false explanation is that open ocean resources are more susceptible to overuse and degradation due to the lack of legal claims by nations. In reality, the absence of legal claims does not necessarily make open ocean resources more vulnerable to overfishing. Overfishing can occur in both territorial waters and open ocean areas. The factors contributing to overfishing are not solely dependent on legal ownership but also include factors such as fishing practices, regulations, enforcement, and resource management. Overfishing can occur in territorial waters where nations have legal claims as well as in international waters. Effective fisheries management and sustainable fishing practices are crucial in preventing overfishing regardless of jurisdiction.
Learn more about overuse and degradation here:
https://brainly.com/question/32068721
#SPJ11
when using management by exception, managers investigate only those variances that are unfavorable. true or false?
Answers
False. When using management by exception, managers investigate both favorable and unfavorable variances, but they focus their attention on the significant variances that deviate from the expected or budgeted results.
Management by exception is a management technique that involves monitoring performance by exception, which means managers only intervene and investigate when there are significant deviations or exceptions from the expected results. This technique allows managers to save time and resources by not micromanaging every detail but focusing on the critical areas that require attention.
In terms of variances, management by exception involves investigating both favorable and unfavorable variances, but the level of investigation depends on the significance of the variance. If a variance is deemed significant, managers will investigate the cause, determine if it's within acceptable limits, and take corrective action if necessary. However, if a variance is minor or within acceptable limits, managers may choose not to investigate further.
Learn more about management by exception: https://brainly.com/question/30023941
#SPJ11
What may happen if your job does not require you to use the aptitudes you possess?
Answers
Question 6-10 is based on the information Venture Bechad plans to raise RM20 million from a rights issue to fund a new business expansion. The company will issue 8 million new shares at a subscription
Answers
Venture Bechad, a company, plans to raise RM20 million from a rights issue to fund a new business expansion. The company is issuing 8 million new shares at a subscription price of RM2.50 per share.
A rights issue is the act of offering the current shareholders of a company the right to purchase additional shares in the company at a discounted price. The reason for this offering is to raise capital and to strengthen the balance sheet of the company by increasing shareholder equity..
In the case of Venture Bechad, the company is seeking to fund a new business expansion. The company will issue 8 million new shares at a subscription price of RM2.50 per share.
Therefore, the total value of these new shares is 8,000,000 x RM2.50 = RM20,000,000. The rights issue is a way to raise capital by offering shares at a discounted price. It is a method of raising funds that is commonly used by companies when they need to finance new projects or investments.
To know more about subscription visit:
https://brainly.com/question/31749666
#SPJ11