The effect on the balance sheet and income statement would be Assets and Retained Earnings Overstated By $52,362 and Net Income Overstated by $52,364.
An assets is a resource having economic worth that a person, organization, or nation owns or manages with the hope that it may someday be useful.
A company's balance sheet lists its Assets. They are divided into current, fixed, financial, and intangible categories. They are acquired or produced to raise a company's worth or enhance its operations. An accounting document known as a balance sheet lists a company's assets, liabilities, and shareholder equity. One of the three primary financial statements that are used to analyze a corporation is the balance sheet. It offers a picture of a company's financial situation as of the publication date, including what it owns and owes.
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What is the term for the amount of money you need to pay toward expenses before your insurance will cover the rest?.
Deductibles is the term for the amount of money you need to pay towards the expenses begore your insurance will cover the rest.
What are Deductibles?In an insurance policy, the term deductibles refer to the term in which the amount is paid by the policy holders before the expenses paid by the insurance provider. Deductibles may be described as several types of clauses used by the insurance companies for policy payments.
What are Deductibles in Health Insurance?Deductibles in health insurance is the amount paid before the health company begins to be paying up the claim amount, The types of deductibles in health insurance are Voluntary,Comprehensive, and Cumulative deductibles
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Name two reasons that putting extra money from a part-time job into a roth ira might be more beneficial than putting it into a savings account.
Two reasons that putting extra money from a part-time job into a roth ira might be more beneficial than putting it into a savings account are:-
You do not get an up-the front tax damage (such as you do with conventional IRAs), but your contributions and earnings develop tax-free. Withdrawals during retirement are tax-free. There aren't any required minimal distributions (RMDs) in the course of your lifetime, which makes Roth IRAs perfect wealth transfer cars.A savings account is a simple sort of monetary product that allows you to deposit your cash and generally earn a modest quantity of interest. these debts are federally insured as much as $250,000 in line with account owner and offer a secure region to place your money at the same time as earning interest.
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sue bee honey is one of the largest processors of its product for the retail market. assume that one of its plants has annual fixed costs totaling $9,600,000, of which $3,600,000 is for administrative and selling efforts. sales are anticipated to be 800,000 cases a year. variable costs for processing are $24 per case, and variable selling expenses are 25 percent of selling price. there are no variable administrative expenses. if the company desires a pretax profit of $6,000,000, what is the selling price per case? round answer to two decimal places.
The selling price per case is $58. Selling Price = Cost Price + Profit Margin is the selling price formula. The cost price is the price paid by the retailer for the product. The profit margin is calculated as a percentage of the cost price.
What is selling price?The unit selling price formula To calculate the price per unit from an income statement, divide sales by the number of units or quantity sold. For example, assuming annual sales of $80,000 and 2,000 units sold, the price per unit is $40. (80,000 divided by 2,000). The cost price of an item is the amount paid to purchase it or the price at which it is manufactured. The cost price is abbreviated as C.P. Selling Price: The selling price exist as the price at which an article is sold.Therefore,
For desiring the profit, we have to assume the selling price per case be X.
Anticipated number of cases sold × selling price per case
= Fixed cost + Desired profit + Anticipated number of cases sold × variable cost per case + Anticipated number of cases sold × selling price per case × variable selling expenses percentage
800,000 × X = $9,600,000 +$6,000,000, + 800,000 × $24 + 800,000 × X × 25%
800,000X = $9,600,000 + $6,000,000, + $19,200,000 + 200,000X
800,000X = $34,800,000 + 200,000X
800,000X - 200,000X = $34,800,000
600,000X = $34,800,000
X = $58
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the gap inc. has standardized marketing in terms of product items, price, style, and size for global markets, however, they change their standardized marketing in japanese market in term of .
The Gap inc. has standardized marketing in terms of product items, price, style, and size for global markets, which is clearly successful. An example of sizing is this.
What does formalized global marketing mean?Global marketing standardization focuses on creating a standardized plan of action across the board for selling your brand or product in colorful countries. The ultimate thing is to achieve thickness and produce a global appeal to a brand and its standardized products.
Why do companies use standardized marketing?By laying out a unified standardized marketing frame that's effective across different time zones, a company can save time and plutocrat in its marketing sweats, since individual marketing strategies in each country or region are gratuitous.
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The Gap Inc. has indeed implemented standardized marketing strategies in terms of product items, price, style, and size to cater to the needs and preferences of global markets. However, the company has modified its standardized marketing approach in the Japanese market to align with the unique cultural and social norms of the country. This includes factors such as language, design, and product offerings that are specific to the Japanese market. By customizing their marketing strategies in Japan, The Gap Inc. can effectively reach and connect with local customers, ensuring that their brand message resonates with the target audience.
Hi! I'd be happy to help you with your question. The Gap Inc. has implemented standardized marketing in terms of product items, price, style, and size for global markets. However, they adapt their standardized marketing in the Japanese market in terms of local preferences, fashion trends, and sizing to better cater to the unique needs and tastes of Japanese consumers. This ensures that they can successfully appeal to customers in that specific market while maintaining their global brand identity.
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the learning curve theory is based upon each of these conclusions except: group of answer choices a. the time required to perform a task decreases as the task is repeated. b. all time increases can be associated with improved product quality. c. the amount/rate of improvement decreases as more units are produced. d. the rate of improvement has sufficient consistency to allow its use as a prediction tool.
The idea of a learning curve is based on all of these findings, except that the rate of improvement lacks the consistency needed to be used as a predictive tool.
A learning curve is a mathematical idea that visually illustrates how a process improves over time. learning outcome and growing skills. According to the learning curve idea, things will take less time and effort to complete the more times they are completed because of the consistency you gain as you learn the process. A tool for estimating costs and measuring production efficiency,
the learning curve was originally introduced by psychologist Hermann Ebbinghaus in 1885. A percentage that indicates the rate of improvement is generally used to express a learning curve. In a graphical representation of the learning curve, a steeper slope indicates initial learning that results in consistency, further cost savings, and subsequent learning that leads to slower and more difficult cost savings.
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a(n) organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
The complete statement is that "a(n) informal organization is a network of connections and channels of communication-based on the informal relationships of individuals inside an organization."
What is an informal organization?Generally, In contrast to the organization's official allocation of duties and responsibilities, an organization's informal organization refers to the way in which it really functions in the real world.
The major purpose of informal groups is, more or less, to ensure that individuals continue to uphold their cultural values. When individuals are able to form social associations with one another, they always experience feelings of oneness.
As a consequence of this, one of the functions of informal groups is to give members a sense of social fulfillment.
Informal groupings are denoted by personal connections, communities of common interests, and social networks, all of which emerge as a result of workers associating with one another in a context that is conducive to the job.
The personal ties between workers in an informal company provide the foundation for how those employees think, conduct, and interact with one another.
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CQ
a(n)_______ organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
true or false: networking uses technology, such as a company intranet, to link organizations and their suppliers to allow them to work together for a common goal.
The four sorts of hierarchical designs are practical, multi-divisional, level, and lattice structures.Circular, team-based, and network structures are additional options.
Which of these are thought to be drawbacks of centralized power?The tendency to stifle creativity and innovation, making it difficult for an organization to adapt to change, is one of the disadvantages. Low-level employees' levels of job satisfaction and organizational commitment may also suffer as a result of centralized authority.
Restructuring is the process of redesigning an organization so that it can better serve its clients.
Functional. The most common strategy is a functional structure. It calls for putting people who perform similar tasks in the same category together.
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A toy maker is running a television advertisement for its new Super Soaker water gun. What kind of advertising would this be an example of?
institutional advertising
product advertising
word of mouth advertising
social media advertising
Product advertising is the kind of advertising would this be an example of. Hence, option B is correct.
What is Product advertising?Product advertising is advertising for particular products as opposed to brand advertising. These advertisements place more emphasis on selling products based on their features and advantages than on building brand awareness or brand reputation.
The three types of product advertising are comparative, competitive, and innovative. Enlarge your clientele. raise brand and company recognition among consumers. Highlight the benefits of your products or services. Give information about your business.
Products advertising is a type of sponsored communication in which a company communicates with clients through a communication channel in an effort to persuade them to purchase its goods.
Thus, option B is correct.
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The purpose of a budget is to show which of the following?
Answer: B
Explanation: The purpose of a budget is to display all spending and saving trends helping you to make better choices when spending and saving money. hope this helps.
what is true for consumers when they choose how much to consume of a good? a. as the quantity consumed of a product rises, total utility rises, but marginal utility falls. b. as the quantity consumed of a product rises total utility falls, but marginal utility rises. c. as the quantity consumed of a product rises marginal utility rises. d. as the quantity consumed rises, total utility falls.
The correct answer will be (a), as the quantity consumed of a product rises, total utility rises, but marginal utility falls.
The additional pleasure a consumer experiences from obtaining one additional unit of a good of an item or service is known as marginal utility. Economists employ the idea of marginal utility to predict the amount of something that customers will purchase.
When the total utility is enhanced by the intake of an additional item, positive marginal utility occurs. On the other side, negative marginal utility occurs whenever the overall utility is decreased by the consumption of one additional unit. Whenever the unit consumed by consumers rises, total utility rises whereas marginal utility falls.
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severide computers sold a computer to katie smith for cash of $800. the entry to record this transaction will include a: multiple select question. debit to accounts receivable for $800 credit to cash for $800 credit to accounts receivable for $800 credit to sales for $800 debit to cash for $800 debit to sales for $800
Debit to cash for $800., Credit to sales for $800.
What is Debit and Credit?
In double-entry bookkeeping, debits and credits are commonly assessed in account ledger accounts to record value changes brought on by business transactions. A credit entry represents a value transfer from the account, whereas a debit entry reflects a transfer of value to the account. Each transaction involves the transfer of money from credited to debited accounts. A tenant would enter a credit for the checking account on which the rent check is drawn and a debit for the rent expense account, for instance, when writing a rent check to a landlord. In a similar manner, the landlord would record a credit in the tenant's rent income account and a debit in the account where the check is deposited.
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the rlx company just paid a dividend of $3.20 per share on its stock. the dividends are expected to grow at a constant rate of 4 percent per year, indefinitely. if investors require a return of 10.5 percent on this stock, what is the current price? what will the price be in three years? in 15 years?
It is the cost at which a share of stock or other security last traded. The present price serves as the starting point in an open market. It shows the price that a buyer and seller would be prepared to accept for a subsequent transaction involving that security.
Explain about the current price of the stock?The idea behind current value accounting is that assets and obligations should be valued at what they may be sold for or settled as of the current date.
The stock of the corporation is currently trading at $51.20.
The constant dividend growth model is the formula that can be used to calculate the stock price.
Cost = d1 / (r - g)
The formula for determining the next dividend to be paid is: d1 = current dividend paid x (1 + growth rate) = $3.20 x (1.04) = $3.328
R is the equity cost.
g = rate of growth
Price = $3.328 / (10.5 - 4)
$3.328 / 0.065 = $51.20
The current price is $51.20
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because of the poor publicity at a fellow franchise location, you notice that sales at your location have decreased. the impact of the poor publicity on your company is referred to as
A franchise (or franchising) is a technique of selling goods or services that involves a franchisor who creates the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to have the right to use the franchisor's name and system.
When your lucrative franchise collapses outright?Getting managerial and marketing know-how from the franchisor is one of the benefits of a franchise. The coattail effect is what happens when your profitable franchise falls merely as a result of other franchisees failing.Being undercapitalized is one of the main reasons why a franchisee fails. A slow start-up or the franchise operation needing more working capital than what was declared in the franchise disclosure agreement can both contribute to a lack of adequate working capital.In the event that a franchisor goes bankrupt or fails in some other way, a franchisee often has no rights under a franchise agreement. In most cases, only the franchisor has the authority to end the franchise agreement if the franchisee experiences financial difficulties such as insolvency or bankruptcy.The ideal solution for a franchise that is struggling is frequently for the franchisee to sell the company to a third party who then takes over as the new franchisee for that region. Due to this, the failed franchisee may end its compliance with the terms of the franchise agreement and any lease.To Learn more About franchise refer to:
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materials costs $112,900 conversion costs $93,900 the ending inventory was 85% complete with respect to materials and 30% complete with respect to conversion costs. note: your answers may differ from those offered below due to rounding error. in all cases, select the answer that is the closest to the answer you computed. to reduce rounding error, carry out all computations to at least three decimal places. the cost per equivalent unit for materials for the month in the first processing department is closest to:
Equivalent units quantify the amount of labor put into a set quantity of tangible objects. You can simply multiply the quantity of physical goods by the amount of effort done on them to determine equivalent units. You would have one comparable unit for two objects that are 50% complete (2 x 50% = 1).
Explain about the equivalent unit?
Given the amount of direct materials, direct labor, and manufacturing overhead costs incurred during that time for the products that weren't yet completed, it is the number of finished units of a product that a corporation could have hypothetically produced.
The total of the costs added during this period and the initial work-in-progress costs divided by the equivalent units is the cost per equivalent unit. A corporation might have produced a certain number of equivalent units with a specific amount of raw materials, labor, and manufacturing costs.
For instance, if the materials for 500 units are finished, but only 40% of the direct labor and manufacturing overhead are finished, the comparable units are 500 for materials and 200 (40% of 500).
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without having a plan in place, managers may focus only on instead of keeping a long-range view and anticipating new opportunities. multiple choice question.
Without having a plan in place, managers may focus only on whatever in front of them instead of keeping a long-range view and anticipating new opportunities.
The management task of planning include deciding on a course of action for reaching goals and creating objectives. It is critical for managers to foresee future situations and be aware of current environmental factors affecting their firm. Additionally, effective decision-making is essential of managers.
Setting objectives, or declarations of what must be performed and by when, is a must for planners. The next step for planners is to decide on other strategies for reaching goals. Planners must choose the appropriate actions to take in order to accomplish goals after weighing the numerous choices. They must then decide on the essential actions and make sure that plans are carried out successfully. Finally, planners must continuously assess the effectiveness of their plans and make required corrections.
The complete question is, "Without having a plan in place, managers may focus only on _____ instead of keeping a long-range view and anticipating new opportunities.
A. competitors' movements
B. emerging opportunities for expansion
C. overall company strategy
D. whatever is in front of them"
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to create an enforceable security interest between mortgage bank and nations property company with a written security agreement, the agreement must be signed by
The debtor must sign the security agreement for there to be an enforceable security interest between the mortgage bank and the nations property firm. Hence, Option A is correct.
What is a security agreement?An unambiguous security agreement is one that contains a clause that says that a security interest will be created as a result of a particular agreement, instrument, or other document or arrangement.
An arrangement that creates a security interest is known as a security interest agreement, instrument, or arrangement.
In terms of American law, a security agreement is a contract that regulates the interaction between the parties to a certain type of financial transaction known as a secured transaction.
Therefore, Option A is correct.
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The complete question has been attached in text form:
To create an enforceable security interest between Mortgage Bank and Nations Property Company with a written security agreement, the agreement must be signed by
a. the debtor
b. the creditor
c. all of the choices
d. a disinterested third-party witness
you have been the project manager on a large, high-profile, three-year project in a highly projectized organization. you have had a great team that has been together since the beginning. by all key measures, the project was a success. it will be tough to close out the project. who is the best choice to close out the project and why?
The project should be closed as soon as its objective is completed and it's the organization's responsibility to do so. This will help the team to work on new projects and is important for the growth of the team on a group level.
The Organisation's leaders should close the project after the completion of its objective. It's their responsibility because the team represents the firm. Authorities that are best choices to close the project are:
The project manager is closest to everyone and will be very efficient in order to release the resources.The Termination manager should process the closing of a project in order to audit the work of the project team.The Company Management should take over the project once the objective of the project is completed for the team which is assigned to them. This will help them work on new projects.To know more about Project Management, Click here:
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a construction company recognizes revenue from construction contracts over time using the input method based on costs incurred. it reports the following: year 1 year 2 construction costs $100 $200 estimated cost to complete at year-end 300 0 the contract price is $1,000. what is the profit recognized in year 2? $400 $800 $150 $550
$400 is the profit a construction company recognizes revenue from construction contracts over time using the input method based on costs incurred.
The answer is option A.
Total construction cost = $200 + $100 + $300
Contract prize = $1000
Profit = Contract prize - Total construction cost
Profit = $1000 - $600 = $400
Sales from price plus contracts is regarded through reference to the recoverable expenses incurred throughout the length plus the fee earned, measured through the share that charges incurred up to the reporting date endure to the predicted total costs of the agreement. A construction contractor has a hard and fast rate contract for Rs.
Multiply general estimated contract sales by way of the predicted completion percent to reach the entire quantity of revenue that can be recognized.
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in the short run, the equilibrium aggregate price level and aggregate output occur at the intersection of: please choose the correct answer from the following choices, and then select the submit answer button. answer choices exports and imports. short-run aggregate supply and aggregate demand. long-run aggregate supply and aggregate demand. long-run aggregate supply and short-run aggregate supply.
Movements of either the aggregate supply or aggregate demand curve in an AD/AS diagram will result in a different equilibrium output and price level.
Equilibrium is a state of a gadget wherein all forces performing at the machine are balanced. A device that is in equilibrium no longer alternates. The word has been used for exceptional standards from one-of-a-kind fields of taking a look at. Hydrostatic equilibrium applies to liquids. There are three distinctive forms of equilibrium. It's also categorized as strong, unstable, and impartial. A kingdom of rest or balance due to the identical motion of opposing forces. Same balance among any powers, influences, etc.; equality of impact. Mental or emotional balance; equanimity: The pressures of the situation prompted her to lose her equilibrium. In chemistry, equilibrium is the condition existing when a chemical reaction and its opposite response occur at the same costs. This noun is from Latin aequilībrium, from the prefix aequi- "same" plus lībra "a balance, scale."
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a small employer must have atleast 2 but no more than 50 workers activelt engaged in buisness for at least how many of the working days during the preceding calander quarter?
A person, firm, corporation, partnership, or organization is considered a "small employer" if it is actively conducting business and employed no more than 50 qualified workers, the majority of whom were based in this State, on at least 50% of its working days during the preceding calendar quarter.
Describe small employers.1 to 100 employees, the majority of whom were employed within this state, on at least 50% of its working days during the preceding quarter or prior calendar year. 1357.500(k) of the California Health & Safety Code (2018). Full Time Equivalent (FTE), as well as California Health & Safety Code Section 1357.500 (c) (2018).A Look At The Affordable Care Act : Only small firms, often those with fewer than 50 full-time employees, including full-time equivalent employees, are subject to some terms of the Affordable Care Act, or health care law.If you have at least one but no more than 100 eligible employees and satisfy certain contribution and participation conditions, you may be eligible for Covered California for Small Businesses.A small business is defined as a corporation, partnership, or sole proprietorship that is privately held, has fewer employees than a corporation or regular-sized business, and generates less revenue annually. Small businesses might be corporations, partnerships, or sole proprietorships.To Learn more About small employer refer to:
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a company currently has sales of $700,000 and a contribution margin ratio of 45%. as a result of increasing advertising expense by $8,000, the company expects to increase sales to $735,000. if this is done and these results occur, net operating income will blank . multiple choice question. increase by $7,750 increase by $15,750 decrease by $12,250 decrease by $8,000
If this is done and these results occur, net operating income will increase by $7750.
Net operating income using this formula
Net operating income=(Expected Increase in sales-Current sales× Ratio-Advertising expenses)
Net operating income = $735,000 - ($700,000 x 45%) - $8,000
Net operating income= $7,750 increase
Therefore, net operating income will increase by $7750.
What is net operating income?A technique used by real estate professionals to swiftly determine the profitability of a certain investment is called net operating income, or NOI. Following the deduction of necessary operational expenses, NOI calculates the revenue and profitability of invested real estate property.
Since EBIT covers non-operating income, non-operating expenses, and other income, it stands out from operating income as the primary distinction. Since EBIT displays a company's net income less the cost of interest on debt and tax charges, it is frequently used as a substitute for net income.
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which two phrases represent the views of globalization? choose two answers. a. a pendulum that swings from one extreme to another b. a competition among key financial centers and markets c. a continuing force sweeping through the world d. an unplanned result of corporate responses to a variety of opportunities e. a trading of goods and services between the most and least regulated countries g
An unplanned result of corporate responses to a variety of opportunities and trading of goods and services between the most and least regulated countries represents two phrases that represent the views of globalization.
The answer is option D and E.
As a result, globalization hastily improved. However, globalization, like a pendulum, is not able to hold stepping in one direction.
Fast globalization in the 1990s and the 2000s observed some full-size backlash. First, the fast increase of globalization brought about the traditionally defective view that globalization is new.
There are 3 forms of globalization.
Economic globalization. Right right here, the focus is on the mixture of international monetary markets and the coordination of financial change. Political globalization. Cultural globalization.Learn more about globalization here: https://brainly.com/question/803618
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mazie is on the board of directors for belltone corporation, a corporation that manufactures hearing aids. mazie has not attended a board meeting in the last two years and has not participated in any board activities. mazie refuses, however, to give up her position on the board. mazie can be removed from the board by:
The shareholders have the authority to remove a director in this scenario when only one member of the board of directors refuses to step down.
What is board of directors?
A board of directors, also known as the board or simply the board, is an executive committee that collectively oversees the operations of an organisation. This organisation may be for-profit or nonprofit, such as a company, nonprofit, or government agency.
Governmental regulations, including the corporate law of the applicable jurisdiction, as well as the organization's possess constitution and by-laws, set forth the rights, obligations, and obligations of a board of directors. These authorities may determine the number of board members, the process for selecting them, and the frequency of their meetings.
The full membership of an organisation that has voting members, who typically elect the board members, is responsible to and may be subordinate to the board in such an organisation.
Because In general, the sole authority to remove a director rests with the shareholders. A resolution to remove a director must be approved by a majority of shareholders at a special general meeting.
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while change using the methods of organization transformation may be described as being , change using organization development may be described as being
While change via organizational transformation techniques may be described as revolutionary, change using organizational development may be regarded as being evolutionary.
What is organizational development?Organizations can improve their capacity for change adaptation and boost their effectiveness by developing, upgrading, and combining strategies, structures, and processes. It is thought that this process is organizational development.
This definition has a few components that strike up.
Process that is both critical and scientific. OD is a methodical, evidence-based practice. It's doesn't involve experimenting and observing. Increase your ability to adapt and your effectiveness. Effectiveness and efficiency in an organization is the goal of organizational development. As a result, it has a variety of (business) results. These can vary depending on the company, but typically include things like financial success, customer happiness, member participation in the organization, and an improved ability to adapt and renew the organization. Creating, enhancing, and consolidating plans, arrangements, and procedures.To know more about, organizational development, visit :
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if a farm has nfio of $100,000, and an opportunity cost total of $25,000, what is the farm's return to equity? (round to the nearest cent. do not include commas or dollar signs) selected answer: 75000 correct answer: 75,000 answer range /- 0 (75000 - 75000 )
The return to equity is $75000
Another form of financial ratio is the return on equity. Financial ratios are data taken from a firm's financial statements and used to predict and draw specific conclusions about the organization.
Relative return on equity is a tool used to forecast a company's profitability. It evaluates how effectively people employed in any business have used the money that has been invested.
Since the farm has Nfio of $100,000 and an opportunity cost total of $25,000.
Therefore,
Return on equity -
Net Farm Income from Operations - Opportunity cost
= 1,00,000 - 25,000
= 75,000
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when a restaurant customer decides to fill out a customer satisfaction survey to complain about having to wait an hour for her food that was cold, this is an example of .
Self selection bias, The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
What is self selection bias ?
The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
When people choose to participate in a survey by themselves, self-selection bias emerges. Imagine, for instance, that a local government mails a survey to every citizen of the community asking them whether or not they believe a new intersection should be built in the centre of the town.
In statistics, self-selection bias develops whenever individuals choose to join a group for themselves, leading to a biased sample with nonprobability sampling.
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which one of the following is a positive economic statement? group of answer choices thoughtful people oppose an increase in the minimum wage. social justice will be served by increasing the minimum wage. an increase in the minimum wage will reduce employment for teenagers. the minimum wage should be increased
An increase in the minimum wage will reduce employment for teenagers is a positive statement.(OPTION A)
Minimum Wage: An employee may not legally sell their labour for less than the minimum wage, which is the lowest compensation a business may pay their staff. By the turn of the 20th century, minimum wage laws were in place in the majority of nations.
As of October 1, 2022, the wages of unskilled workers will increase from INR 16,506 to INR 16,792, those of semi-skilled workers from INR 18,187 to INR 18,499, and those of skilled workers from INR 20,019 to INR 20,357, according to a statement from the Delhi government.
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minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as multiple choice flexible scheduling. artificial intelligence. just-in-time inventory management. contract-manufacturing. a continuous-manufacturing system.
minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as just-in-time inventory management.
In order to ensure that raw materials arrive at the precise moment that manufacturing is meant to begin, but not sooner, just-in-time inventory management requires close cooperation with suppliers. Just enough inventory must be kept on hand to satisfy demand.
A company that sells office furniture but does not make it, for example, might only order the furniture from the producer once a customer makes a purchase. The maker sends it directly to the customer. The cost of the store's inventory storage has decreased.
A just-in-time system has a consistent production pace, small lot sizes, closer supplier relationships, high product quality, quick and inexpensive setups, adaptable facilities, a multiskilled workforce, efficient maintenance, and ongoing quality control.
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in a rich country like the united states, why is investing in physical capital both important and yet unlikely to lead to a large increase in economic growth? select all that apply.
In economics, expansion is an upward trend in the business cycle that is defined by a gain in output and employment, which in turn leads to an increase in household and business incomes and spending.
How can tangible capital support economic expansion?Monetary considerations : Long-term growth in the physical capital stock boosts the economy's total productive capacity by enabling the production of more goods and services with the same amount of labor and other resources.Investment increases the capital stock, and the amount of capital that is accessible to an economy is a key factor in determining its productivity. Investment supports economic expansion in this way.Roads, bridges, water supply, sewage, seaports, airports, schools, hospitals, electricity-generating plants (such as hydroelectric dams or windmills), telecommunications infrastructure, and military equipment are all tangible assets that the government can actively invest in.If the gross investment is greater than the capital depreciation, or if the net investment is positive, physical capital will steadily expand. This suggests that nations with high investment spending rates ought to experience high physical stock and rapid GDP development.To Learn more About business cycle refer to:
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gas prices recently increased by 25%. in response, purchases of gasoline decreased by 5%. based on this data, the price elasticity of demand for gas is:
The price elasticity of demand for gas will be 0.2
According to the law of demand, the quantity demanded of a product falls with an increase in its price and vice versa. The percentage of the quantity of demand because of the stated increase in the price is measured using the price elasticity of demand.
In the given question, the quantity of demand decreases by 5%, and the prices increase by 25%. To calculate the price elasticity of demand, we have the formula:
=> [tex]E_{d} = \frac{Percentage of change in quantity of demand}{Percentage of change in price}[/tex]
=> [tex]E_{d} = \frac{5}{25}[/tex]
=> [tex]E_{d} = 0.2[/tex]
Hence, we get the price elasticity of demand for gas as 0.2
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