which is the main reason why opec, the organization of petroleum exporting countries, was established? hgap
Answers
The main reason why OPEC was established was to unify and coordinate the policies of its member countries in the oil industry, specifically in regulating the supply and price of oil on the global market.
The organization was founded in 1960 by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, with the goal of protecting the economic interests of oil-producing countries by ensuring stable and fair oil prices. OPEC's main objective is to control the supply of oil in order to influence the price of oil on the world market. The organization is also committed to supporting the development of the petroleum industry in its member countries, as well as promoting cooperation and solidarity among them. OPEC has since grown to include 13 member countries, and continues to be a major player in the global oil industry.
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During a group session, the only Persian member and another member ended up in a heated debate about cultural differences. The leader, also Persian, was caught off guard and unsure of how to address the situation in the moment, struggling with an internal conflict. What was the leader’s fear?A) Connecting with the Persian member.
B) Overidentifying with the non-Persian member.
C) Connecting with the non-Persian member.
D) Overidentifying with the Persian member.
Answers
Answer: D. Overidentifying with the Persian member.
Explanation:
The leaders fear in this case is over identifying with the Persian member. Since the leader is Persian, he is afraid that he could overidentify with the Persian member and this could bring about biasness with the way he handles the issue.
Therefore, based on the given options, the correct answer is D.
What does significance take into account in relation to correlations?
What must the obtained correlation do in order to be significant?
Answers
In order for the obtained correlation to be significant, it must exceed a critical value that corresponds to the desired level of confidence, often set at 0.05 (95% confidence) or 0.01 (99% confidence).
Significance in relation to correlations takes into account the probability that the observed correlation is due to chance.
In order for a correlation to be considered significant, it must have a low probability (typically less than 5%) of occurring by chance alone. If the p-value is below the chosen threshold, it suggests that the correlation is statistically significant, and there is a low probability that the observed relationship is due to chance alone.This is determined by calculating a p-value, which represents the probability of obtaining a correlation as strong or stronger than the one observed if there was no true relationship between the variables. If the p-value is less than the significance level (usually set at 0.05), the correlation is considered statistically significant and the null hypothesis (i.e. no relationship between the variables) can be rejected. Therefore, the obtained correlation must be strong enough and the sample size must be large enough to achieve statistical significance.Significance in relation to correlations refers to the likelihood that the observed correlation between two variables is not due to chance. It takes into account the strength of the correlation, the sample size, and the probability level (usually denoted as p-value).
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Amanda works as an accountant at a small-sized firm that sends out multiple invoices daily. She wants to ensure that the firm's invoices have a professional look and format. Further, she wants to customize such invoices with the firm's logo. Which accounting program is most suitable for
Amanda's requirements?
A. OpenOffice Calc
В. QuickBooks
C. NetSuite
D. FreshBooks
E. Intact
Answers
Answer:
Netsuite
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Question 4 Mustaffa, a retiree, wants to start a mushroom planting project on July 1, 2021. The mushroom crop is expected to be sold by the end of September 2021. To start this project, he invested RM20,000 in his capital. In addition, he applied for a RM12,000 loan from Bank Rakyat with an interest rate of 5% per annum. Here are the details of the project: July August September October Purchase fixtures and fittings 3,000 Second hand van - 10,000 - Seeds purchases 2,500 Fertilizer 1,050 350 400 Purchase of insecticides 1,580 Rental 1,250 1,250 1,250 1,250 Wages 3,200 3,200 3,500 4,000 Operating expenses 250 280 260 300 Van expenses 450 480 500 Other information: a) The loan will be repaid within a year from the date the loan is made. b) By the end of September, the mushrooms are estimated to be sold at RM25,000 and are expected to increase monthly by 10% from the previous month's sales. Half of the sales each month are made in cash and the balance will be received in the following month. Required: Prepare a Cash Budget for the four months of July, August, September and October 2021. (Total: 15 Marks)
Answers
The cash budget for the months of July, August, September, and October 2021 is prepared to estimate the cash inflows and outflows for Mustaffa's mushroom planting project.
To prepare the cash budget, we need to consider Mustaffa's cash inflows and outflows for the four-month period. The cash inflows include his initial capital investment, loan proceeds, and sales revenue, while the cash outflows include purchases, expenses, and loan repayments. In July, Mustaffa invested RM20,000 in his capital and received RM12,000 as a loan from Bank Rakyat. These amounts are considered as cash inflows. The cash outflows for July include the purchase of fixtures and fittings (RM3,000) and seed purchases (RM2,500). In August, the cash inflows include cash sales from July's mushroom harvest and half of the expected sales for August. The total sales for August are estimated to be RM27,500. The cash outflows for August include fertilizer purchases (RM1,050), rental expenses (RM1,250), wages (RM3,200), operating expenses (RM280), and van expenses (RM480).
In September, the cash inflows include cash sales from August's mushroom harvest and half of the expected sales for September. The total sales for September are estimated to be RM30,250. The cash outflows for September include fertilizer purchases (RM350), rental expenses (RM1,250), wages (RM3,500), operating expenses (RM260), and van expenses (RM500). In October, the cash inflows include cash sales from September's mushroom harvest and half of the expected sales for October. The total sales for October are estimated to be RM33,275. The cash outflows for October include fertilizer purchases (RM400), rental expenses (RM1,250), wages (RM4,000), operating expenses (RM300), and van expenses (RM500). Additionally, the loan repayment of RM1,000 is also considered as a cash outflow in October.
By calculating the total cash inflows and outflows for each month, we can determine the net cash flow for the period and calculate the ending cash balance. The cash budget helps Mustaffa plan and manage his cash resources effectively during the project, ensuring he has sufficient funds to cover expenses and meet loan repayment obligations.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
MARKETING/BUSINESS helpppp
Answers
Answer:
$8,470
Explanation:
Planned sales = 5000 units
selling price = $4
production cost= $1
Overhead = $5000
Social security = 15.3%
Revenue = units sold multiplied by the selling price
Revenue =5000 x 4
=$20,000
COGS =$5000 x 1 =$5000
Taxes =
Revenue :$20,000
Minus COGS: $5000
= Gross income: $15,000
Minus overhead: $5,000
=Net profit: $10,000
Minus taxes: $1,530( 15.3/100 x 10,000)
=NPAT: $8,470 ($10,000 -$1,530)
when a scope limitation exists but overall the financial statements present fairly in conformity with gaap, the auditor will
Answers
When a scope limitation exists but overall the financial statements present fairly in conformity with (GAAP) Generally Accepted Accounting Principles, the auditor will issue a qualified opinion. A qualified opinion is an opinion in which the auditor states that the financial statements are fairly presented except for a specific limitation in scope, which could be due to inadequate records or the inability to obtain sufficient evidence.
The auditor will include a detailed explanation of the limitation and its effects on the financial statements in the audit report. This is necessary to provide users of the financial statements with a full understanding of the limitation and the impact it has on the reliability of the financial statements.
It is important to note that a qualified opinion is still an acceptable audit opinion, but it does indicate that there is a limitation that affects the auditor's ability to express an unqualified opinion. The auditor's responsibility is to provide a full answer to any questions or concerns that arise during the audit process and to ensure that the financial statements fairly present the financial position, results of operations, and cash flows of the company in conformity with GAAP.
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: IMAGINE THE GHANAIAN PUBLIC HAS LOST CONFIDENCE IN THE FINANCIAL MARKET BECAUSE OF TGE INGOING DEBT EXCHANGE PROGRAM. DISCUSS 5 OPTIONS AVAILABLE FOR THE GHANAIAN INVESTOR THAT WOULD NOT INVOLVE INVESTMENT IN SECURITIES OR FINANCIAL INSTRUMENTS.
Answers
A small business, investing in real estate or commodities, opening a savings account with a high interest rate, or contributing to a pension plan are all options for investors in Ghana.
Investors in Ghana who have lost confidence in the financial market due to the ongoing debt exchange program may consider alternative investment options. Investing in real estate or commodities can provide tangible assets that offer a store of value and potential appreciation over time. Starting a small business can also provide a source of income and control over one's financial future. In addition, opening a savings account with a high interest rate or contributing to a pension plan can provide a reliable and predictable return on investment over the long term. These options can help investors diversify their portfolios and mitigate risks associated with a volatile financial market.
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If for a firm MRP > MFC, then the firm:______.
a. is maximizing profits and should continue producing its current output.
b. should produce less output by decreasing the quantity of factors employed.
c. should produce more output by increasing the quantity of factors employed.
d. is minimizing factor costs and therefore is maximizing profits.
Answers
Answer:
b
Explanation:
because this should be mfc and I see to book the mrp and I see the answer ty
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Who do you think has the most
influence?
Answers
Answer:
because the influence is an important
How much money will be collected in the 25th year if 1 million rupiah is saved a year from now, 6 years and now 3 million rupiah is saved, and 10 years from now 5 million rupiah is saved. Use i=10%
Answers
The amount of money that will be collected in the 25th year is 18,734,561 rupiah.
This is calculated by compounding the savings amounts over their respective time periods at an interest rate of 10%. The future value formula is used to calculate the total amount. The savings amounts of 1 million, 3 million, and 5 million rupiah, saved at different time periods, are multiplied by the corresponding interest factors and then summed up to find the future value.
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what is 1635436743 times 76354
Answers
Answer:
1.2487214e+14
Explanation:
The Sharpe ratio Select one: is the same along the capital market line is the highest for a minimum variance portfolio is computed using systematic risk only is maximized for the risk-free asset is computed using idiosyncratic risk only
Answers
The sharpe ratio takes into account the systematic risk, which is the risk that cannot be diversified away, while ignoring the idiosyncratic risk, which can be diversified.
the sharpe ratio is computed using systematic risk only.
the sharpe ratio is a measure of risk-adjusted return and is calculated by dividing the excess return of an investment/portfolio by its standard deviation. the excess return is the difference between the actual return and the risk-free rate of return. the standard deviation captures the total risk of the investment/portfolio, including both systematic (market-related) and idiosyncratic (specific to the investment) risk. this is because investors are primarily concerned with the systematic risk associated with an investment, as it reflects the risk of the investment relative to the overall market.
hence, the correct statement is: the sharpe ratio is computed using systematic risk only.
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What are four important factors to remember before making a career decision?
Answers
Answer:
To make a career decision you need to focus on four really important things.
1. You should know what interests you and what do you want to keep on pursuing in the future.
2. Evaluate your skills that are you even capable of doing that work that interests you or are you suitable for some other work.
3. Work attitudes, meaning that do you really have the attitude for the work?
4. Training and Education, this means that are you qualified enough for that specific work.
Explanation:hope it helps
yang company sold merchandise for $2,000 cash. the event is subject to a state sales tax of 9%. recognizing the sale will require yang to
Answers
Recognising the sale will require Yang to recognize sales tax liability of $180.
A tax is a form of transfer of wealth from households and businesses to the government.
Types of Taxes
Sales tax: it is a type of consumption tax. It is the tax levied on the sales of products. An example is the value added tax. Excise tax: it is a tax levied on certain goods and services at the point of sale. This tax is usually levied on goods that the government wants to discourage its consumption. e.g. tobaccoIn order to determine the tax liability of Yang, this formula would be used:
sales tax x cost of goods sold
9% x $2000
0.09 x $2000
= $180.
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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
Answers
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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Mason opens a savings account by making a $165. 85 deposit. Every week, he deposits another $20. 50 in the account. The following expression shows the amount of money that will be in the account x weeks after Mason opens it. 165. 85 20. 5x How much money will be in the account after 10 weeks? After 10 weeks, there will be $ in the account.
Answers
A savings account is where you stash funds that you aren't ready to use yet, often with the goal of accumulating more.
The account after 10 weeks
Given Information:
Deposit=$165.85Extra deposit=$20.50Amount of money after x weeks= 165.85 + 20.5x
After 10 weeks, x = 10 (substitute into equation)
Amount of money after 10 weeks
= 165.85 + 20.5(10)
= 165.85 + 205
= $370.85
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Which of the following is a true statement regarding operating costs:
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.
Answers
Answer:
They are not directly related to production.
Explanation:
Operating expenses are the costs incurred in running the affairs of a business on a day-to-day basis. They refer to the expenses associated with the maintenance and administration of a business. Operating expenses are also operational costs and include rent, machinery, payroll services, utilities, uniforms, and office supplies. operating cost also covers overhead expenses as well as the cost of goods sold
When will the Mini Toolbar appear?
when you type text
when you press the Delete key
when you select text
when you first open a file
Answers
Answer:
It is C on edge 2021
Explanation:
Answer:
(c) when you select text
Explanation:
The tool bar appears when you select text to provideoptions depending on what you would like to do with the text.
Jordan is living out the american dream; at long last he is ready to purchase his dream home, a two-story house in a modern, happening suburb just outside los angeles. Before he can purchase the house, though, he needs a loan. At the loan office, a credit check is performed on jordan despite the fact that he insists that he is fiscally responsible. The loan office discovers that jordan has bad credit due to unpaid credit card bills and refuses to give him a loan, dashing his dreams of his first home. This credit check is an example of moral hazard. Signaling. Screening. A sin tax
Answers
This credit check is an example of screening by the company given that a credit check is being performed on Jordan. Option 3
What is a credit check?A credit check, sometimes referred to as a credit search, is when a business examines data from your credit report to comprehend your spending patterns. Although they don't always require your permission to do this, they must have a good reason (e.g. you applied for a loan with them).
Your credit reports detail the kinds of credit accounts you've had, your payment history, and other details including your credit limitations.
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explain advertisement
Answers
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
What type of communication provides powerful analytics that allow entrepreneurs to determine the effectiveness of their communication efforts?
O A. Interior communication
О в.
OC.
Nonverbal communication
Social media communication
D. Creativity communication
Answers
An appropriate choice is option (c). Business owners can use social media communication's robust analytics to assess the success of their communication efforts.
Social media communications are what?A communication method based on the internet is social media. Users can converse, share knowledge, and publish content online via social media platforms. Social media describes how individuals interact with one another through the creation, sharing, and/or exchange of knowledge and ideas in online groups and networks.
What constitutes effective corporate communication?Interaction between people is facilitated via communication. Entrepreneurs continually aim to enhance their communication skills because doing so will help them share and express their ideas clearly, as well as interact with their team, clients, and coworkers in a better way.
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Model only A store sells two types of toys, A and B. The store owner pays $8 and $14 for each one unit of toy A and B respectively. One unit of toys A sells for $10 while a unit of toys B sells for $1 less than twice as much as toys A. The store owner estimates that no more than 2000 toys will be sold every month and he does not plan to invest more than $20,000 in inventory of these toys. Also, toys B sell at least twice as fast as toys A. How many units of each type of toys should be stocked in order to maximize his monthly total profit?
Answers
1000 units of each type of toys should be stocked in order to maximize his monthly total profit.
To maximize the monthly total profit, the store owner should stock 1000 units of toy A and 1000 units of toy B.
Let's break down the problem to find the optimal stocking strategy. The store owner pays $8 for each unit of toy A and $14 for each unit of toy B. Toy A sells for $10 per unit, while toy B sells for $1 less than twice the price of toy A, which is $2 * $10 - $1 = $19 per unit.
Considering that toy B sells at least twice as fast as toy A, we can assume that the store owner should stock an equal number of units of each toy. Let's denote this number as 'x'. So, the total cost of stocking 'x' units of toy A would be $8 * x, and the total cost of stocking 'x' units of toy B would be $14 * x.
We also know that the total cost of stocking both types of toys should not exceed $20,000. Thus, we can set up the following equation:
8x + 14x ≤ 20,000.
Simplifying the equation, we get:
22x ≤ 20,000.
Dividing both sides by 22, we find:
x ≤ 909.09.
Since the store owner estimates that no more than 2000 toys will be sold every month, we choose the maximum value for 'x' as 1000 (half of 2000).
Therefore, the optimal stocking strategy is to stock 1000 units of toy A and 1000 units of toy B, resulting in the maximum monthly total profit.
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Which of the following statements best characterizes the bottom line of security for e-commerce?
A) Good security is expensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
B) Good security is inexpensive but critical, and it is the responsibility of the customer to ensure that his or her private information is secure.
C) Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
D) Good security is inexpensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure.
Answers
Answer:
Good security is expensive but critical, and it is the responsibility of the business to ensure that the customer's private information is secure. C
Explanation:
as a shareholder, would you vote to opt-out of the pennsylvania antitakeover statute? what do the capital markets expect will happen?
Answers
As a shareholder, I would vote to opt-out of the Pennsylvania anti-takeover statute because it eliminates a win/win strategy. The capital markets will extending the price.
What is the Pennsylvania anti-takeover statute?Pennsylvania's anti-takeover statutes were considered to protect Pennsylvania public companies from adverse takeovers that are intimidating or that are any other way not in the best interests of the corporation. These anti-takeover statutes refer to legislation authorized to protect management from adverse takeovers.
As a shareholder we do not possess a win/win strategy. On one hand, we have CSX that is clearly alarmed which shareholders would not vote the opt-out and is extending the price and increasing the no-talk clause to ensure the Norfolk bid is not even observed as a bid by the shareholders. On the other hand, we have Norfolk that keeps extending the price and is backed by banks.
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franks taxidermy has a cash conversion cycle of ______
days, which means the business may be facing a cash flow
crunch.
Answers
Franks Taxidermy's extended cash conversion cycle suggests a cash flow problem, potentially impacting financial obligations and necessitating process optimization.
Franks Taxidermy has a lengthy cash conversion cycle, which suggests that there may be a cash flow problem at the company. The time it takes for a business to turn its inputs in raw materials into cash inflows from sales is measured by the cash conversion cycle. Franks Taxidermy may take a while to turn its inventory into sales and eventually collect the money if its cash conversion cycle is lengthy. The company may struggle to meet urgent financial responsibilities like paying suppliers, employees, or other expenses, which could put a burden on the cash flow. Franks Taxidermy must evaluate and streamline its processes, enhance inventory control, and put strategies into practice.
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The first step toward determining whether an industry is likely to be an attractive place to do
business or not is defining the industry. One way to do this is by ascertaining its ________ code.
Answers
The first step toward determining whether an industry is likely to be an attractive place to do business or not is defining the industry. One way to do this is by ascertaining its NAICS code.
The North American Industry Classification System (NAICS) is a standardized system used by businesses and governments to classify and categorize industries. It was developed jointly by the United States, Canada, and Mexico to provide a common framework for collecting and analyzing economic data across the North American continent.
NAICS codes are assigned to businesses based on the primary activity they engage in. The system is organized into 20 broad sectors, with each sector further subdivided into increasingly specific subsectors. For example, the Manufacturing sector includes subsectors for Food Manufacturing, Chemical Manufacturing, and many others.
NAICS codes are used for a variety of purposes, including economic analysis, statistical reporting, and government procurement. Businesses may also use NAICS codes to identify potential competitors or customers within their industry.
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The Allowance for Doubtful Accounts is a contra-asset account. Increases to the account (to record the period's estimated bad debt expense) are recorded with ______. Multiple choice question. credits debits
Answers
They are recorded as debit as Allowance for Doubtful Accounts.
Allowance for doubtful accountsAn allowance for doubtful accounts is a contra account that nets against the total receivables presented on the balance sheet to reflect only the amounts expected to be paid. The allowance for doubtful accounts estimates the percentage of accounts receivable that are expected to be uncollectible. However, the actual payment behavior of customers may differ substantially from the estimate.
KEY TAKEAWAYS
The allowance for doubtful accounts is a contra account that records the percentage of receivables expected to be uncollectible.
The allowance is established in the same accounting period as the original sale, with an offset to bad debt expense.
The percentage of sales method and the accounts receivable aging method are the two most common ways to estimate uncollectible accounts.
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Cody worked 59 hours last week. Of those hours, 40 hours were paid at the regular rate of $12.50. Ten hours were paid at time-and- a-half, and 9 hours at the double-time rate.
a) What was the gross pay for regular hours?
b) What was Cody’s overtime wages?
c) What was Cody’s total gross pay for the week?
Answers
Answer:
Explanation:
a. What was the gross pay for regular hours?
This will be the regular pay multiplied by the regular hours. This will be:
= $12.50 × 40
= $500
b) What was Cody’s overtime wages?
Cody's overtime wages will be the total amount earned during overtime. This will be:
= [10 × ($12.50 × 1.5)] + [ 9 × ($12.50 × 2)]
= (10 × $18.75) + (9 × $25)
= $187.50 + $225.
= $412.50
c) What was Cody’s total gross pay for the week?
The total gross pay for the week will be the addition of the amount that was earned during regular hours and overtime. This will be:
= $500 + $412.50
= $912.50
what's the difference between Utility and Marginal Unility?
Answers
Answer:
One is large the other is small
Explanation: