The value of (X) reinsurer accepts is 400000. the value of (Z) reinsurer accepts is 320000. the value of (Y) reinsurer accepts is 800.
The primary insurer retains = Sum Assured x% of primary retains = 1,000,000 x 60% = 600,000.
Reinsurer accepts = Sum Assured x% of Reinsurer Quota Share = 1000000 x 40% = 400000
The reinsurer accepts a premium of x% of the reinsurer quota share, which is 2000 multiplied by 40% to equal 800.
The losses the reinsurer accepts = losses x% of reinsurer quota share = 800000 x 40% = 320000
The value of (Z) that the reinsurer accepts is 320000.
The standard regular conjugation is used after "accepts": I accept, you accept, he or she accepts (singular); we accept, you accept, they accept (plural). A company that offers financial security to insurance companies is referred to as a reinsurer. Reinsurers manage risks that are too big for insurance companies to manage on their own and enable insurers to attract more business than they otherwise would.
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assume there is no foreign trade, the government sector has a balanced budget, and the economy is in equilibrium. if actual investment is greater than desired investment, then it is most likely that
Assume there is no foreign trade, the government sector has a balanced budget, and the economy is in equilibrium. If the actual investment is greater than desired investment, then it is most likely that a GDP gap emerges.
The phrase equilibrium has a root inside the Latin phrase libra, which means that weight or balance. some examples of equilibrium are A e-book stored on a table at rest. A car transfers with a consistent velocity. A chemical response in which the quotes of forward reaction and backward response are equal.
Human blood incorporates a buffer of carbonic acid (H2CO3) and bicarbonate anion (HCO3−) a good way to keep a blood pH between 7.35 and seven. forty-five. A fee better than 7. eight or lower than 6.8 can result in loss of life. on this, hydronium ion and bicarbonate anion are in equilibrium with carbonic acid.
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during the current year, gomez co. had beginning inventory of $1,600 and ending inventory of $1,200. the cost of goods sold was $4,000. what is the amount of inventory purchased during the year?
$3600 is the amount of inventory purchased during the current year, by gomez co.
What is Inventory purchase ?
Although buying inventory is a crucial element of running your business, how you go about it will determine how easily and profitably it operates. Setting the right inventory levels is a delicate balancing act that allows production to run smoothly and fulfill demand while avoiding excesses that can rot or languish on your shelves.
In some businesses, the items may be kept on the shelves and still be sold, despite the expense of storage. Others, like clothing or furniture, must be reduced since they soon become out of date. Contrarily, perishable goods must be sold while they are still fresh. Your ability to store raw materials or completed goods has a big impact on how you buy inventories.
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dover company owns 90% of the capital stock of a foreign subsidiary located in italy. dover's accountant has just translated the accounts of the foreign subsidiary and determined that a debit translation adjustment of $80,000 exists. if dover uses the fully adjusted equity method for its investment, what entry should dover record in order to recognize the translation adjustment?
The entry will be 72,000.
The fully adjusted equity technique is used to account for investment stakes held by businesses that have minority ownership interests in other businesses.
Other comprehensive Income - Translation adjustment - 72,000
Investment in Italian Subsidiary- 72,000
When enterprises hold a sizable minority stake in another business and have a considerable impact on its strategy and operations, the complete equity method is the accepted accounting practice. This influence typically corresponds to a minimum 20 percent and a maximum 50 percent ownership interest. Majority ownership requires more than 50% of the shares.
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which of the following entries records the adjustment for revenue earned, but not yet collected? multiple choice debit accounts receivable and credit sales revenue. debit sales revenue and credit accounts receivable. debit deferred revenue and credit sales revenue. debit accounts receivable and credit deferred revenue.
various options Debit receivables from customers, credit sales. Accounts Receivable is debited and Sales Revenue is credited. Sales revenue is debited and deferred revenue is credit. Debit receivables and credit deferred revenue are the two balances.
What are debit and credit?An accounting entry that decreases an asset or cost account is known as a debit. or reduces an equity or liability account. In an accounting entry, it is placed on the left. An accounting item known as a credit raises a liability or equity account's balance. or lowers an account for an asset or expense.
The money that is placed into your checking account is a credit to the bank even if it is a debit to you (an increase in your asset) because it is not their money. It is your money, and the bank owes it to you, so it is a liability on their books. A credit is an increase in a liability account.
Explain debit and credit with an example:
Debit what comes in, credit what leaves, first. Second, credit all gains and revenue while debiting all expenses. Thirdly, debit the sender and credit the recipient.
Can you credit revenue and debit accounts receivable?An accounts receivable transaction in journal entry form debits accounts receivable and credits a revenue account. Credit accounts receivable (to eliminate the receivable) and debit cash (to show that you have been paid) when your customer pays their invoice.
Debit or Credit Account: As a business owner, your equity grows as a result of your revenue. Revenues must be reported as credits rather than debits because your equity typically has a credit balance.
Revenue from sales is it an accounts receivable?
When a business sells anything, it reports the revenue from the transaction on its income statement. They list the amount owed as accounts receivable on their balance sheet if the consumer hasn't yet paid them for the purchase. The amount indicated on the income statement is offset by accounts receivable.
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Suppose that an economy with flexible wages and prices is in long-run equilibrium when the central bank contracts the money supply. What is the long-run effect on real output in the economy?.
The long-run effect of a contraction in the money supply is a decrease in real output in the economy. This is because a contraction in the money supply leads to higher interest rates, which in turn leads to a decrease in investment and consumption spending in central banks.
A decrease in spending leads to a decrease in aggregate demand supply because it represents a decrease in the amount of money that people are willing to spend on goods and services. This decrease in demand leads to a decrease in real output because businesses produce less when there is less demand for their products.
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a car costs 25750 and depriciates in value by 20% per yearf. how much will the car be worth after 5 years
The worth of the car after 5 years will be $8437.76.
What is worth?He said he wasn't sure if what he wanted to say would be helpful or appreciated after this. I don't think your father meant to offend you.Good, Valuable, or Important: refers to the worth of somethingWinner A well-written cover letter and resume are worth the effort. It takes a long time to secure a table at the restaurant, but the food is worth the wait. The movie was good, but I didn't think it was worth the fuss/hype.Values are only used after verbs like 'be', 'look'. It means 'having a certain value', especially when it comes to money: 'worth' The worth whatever price it took to get it means "It's worth" has a more abstract meaning, similar to "it's good" or "noble" or "wonderful".To learn more about worth from the given link:
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how does depreciation affect the tax basis of an asset? multiple choice question. the tax basis is reduced by the depreciation expense deducted on the tax return each year. the original basis is increased by the depreciation allowed or allowable on the asset each year. the original basis is increased by the depreciation expense deducted on the tax return each year. the tax basis is reduced by the depreciation allowed or allowable on the asset each year.
Each year that an asset's tax basis is affected by depreciation, the tax basis is reduced by the amount of allowable or allowed depreciation on the asset.
An asset is a resource with economic value that a person, organization, tax or nation owns or manages with the hope that it will someday be useful. Each year that an asset's tax basis is affected by depreciation, the tax basis is reduced by the amount of allowable or allowed depreciation on the asset.
A company's balance sheet lists its assets. They are divided into current, fixed, financial, and intangible categories. They are acquired or produced tax to raise a company's value or enhance its operations.
Whether it's a piece of manufacturing equipment or a patent, an asset can be thought of as something that will, in the future, increase sales, lower costs, or generate cash flow.
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fiscal policy is difficult to implement quickly because a. it requires political negotiations. b. much of government spending is nondiscretionary and cannot be changed. c. increases in tax rates affect consumer spending gradually. d. a and b. e. a and c.
Fiscal policy is difficult to enact rapidly since it involves political bargaining, and most of the government expenditure is non-discretionary and hence cannot be adjusted. Thus, the correct option is a and b.
What is Fiscal policy?Fiscal policy is the use of government income collection and expenditure to impact a country's economy in economics and political science. The use of government revenue expenditures to affect macroeconomic variables arose in response to the 1930s Great Depression when the prior laissez-faire approach to economic management proved ineffective.
Fiscal policy differs from monetary policy in that fiscal policy is concerned with taxation and government spending and is frequently administered by a government department, whereas monetary policy is concerned with the money supply and interest rates and is frequently administered by a country's central bank. Fiscal and monetary policies both have an impact on a country's economic success.
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the most important criterion for project selection is: multiple choice question. the project's fit to the organization's strategy. financial return of the project. the project's fit to the corporate culture.
Exposure to business risk, return on investment, and statutory requirements are the most significant criteria. The availability of resources to carry out projects is a significant factor in project selection, and the outcome of project scoring is not the only factor.
Why is it essential to prioritize projects in a systematic manner?
You find and get rid of waste there. Inadequate prioritization results in failed projects and, ultimately, missed business objectives. A well-executed project prioritization process will enable you to strategically align your decisions regarding resource allocation and produce more successful projects.
soliciting advice from upper management. -Setting a common financial objective for all project types (operational, strategic, and compliance)- Making decisions with a group of people rather than just one person.
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the inventory methods that result in the most current costs in the income statement and balance sheet are income statement balance sheet question 43 options: a) fifo fifo b) lifo fifo c) lifo lifo d) fifo lifo
The inventory methods that result in the most current costs in the income statement and balance sheet are income statement balance sheet is the LIFO
The income statement will reflect the most recent costs as a result of LIFO. The cost of products sold will reflect current costs because this method implies that the most recent inventory expenses are sold to customers first.
It uses the last in, first out (LIFO) method of inventory accounting. In accordance with LIFO, expenses are subtracted beginning with those for the most recent purchases of items (or produced). Only in the United States is LIFO practiced, and it is governed by generally accepted accounting rules (GAAP) For nonperishable items, LIFO (last in, first out) inventory management is preferable as it determines the cost of goods sold using the current pricing.
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Tax preparation software can help prepare and file your
taxes by
Charge programming helps you plan and record your personal government forms quicker and more effectively than finishing up paper structures.
It calculates how much you owe and how much the government owes you, keeps things organized, and provides step-by-step instructions.
What is an example of software for preparing taxes online?
You can start your return online with either TurboTax or H&R Block's online service, and a tax professional will review your information and file on your behalf. In addition to the standard software fee and an additional $40 to $50 per state, these services are about the same price as hiring your own tax preparer.
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in the largest of cities the presence of multiple industries tends to create special resources, both private and governmental, used by all of the industries, resulting in efficiency or cost advantages benefiting all the industries. this phenomenon is called
The concept in which both private and governmental, is used by all of industries, resulting in efficiency or cost advantages benefiting all industries, this phenomenon is called agglomeration economies.
What are agglomeration economies?An agglomeration economy describes the mechanism by which workers and firms come together geographically. An agglomeration economy occurs when many firms that produce similar or complementary goods move into close proximity, resulting in positive externalities for those firms. Many industries are merging to take advantage of urban centers known as agglomeration economies.Urbanization has to do with agglomeration across industry boundaries. The idea is that the presence of companies in one industry attracts companies in other industries. The economy of urbanization has led to the development of large, diverse cities with abundant jobs and facilities that attract a skilled workforce.To know more about agglomeration economies refer to:
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36. frontier corp, sells units for $50, has unit variable costs of $20, and fixed costs of $300,000. if frontier dells 15,000 units, what is its degree of eperating leverage?
If frontier dells 15,000 units, 3 is its degree of operating leverage.
The contribution margin is ($50 - $20) × 15,000 = $450,000. So, the Profit is $450,000 - $300,000 = $150,000. The degree of operating leverage is $450,000/$150,000 = 3.
How much a company's operating income alters in reaction to a change in sales is determined by its degree of operating leverage. Analysts can assess the effect of any change in sales on business earnings using the DOL ratio.
If all other factors remain constant, a company's earnings before interest and taxes (EBIT) are more sensitive to changes in sales the higher the degree of operational leverage (DOL). Analysts can use the DOL ratio to predict how changes in sales will affect the company's earnings.
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a company is considering investing $200,000 in a project with the following anticipated net cash flows: year 1: $65,000 year 2: $50,000 year 3: $55,000 year 4: $35,000 year 5: $40,000 year 6: $50,000 in what year will payback occur? a.) year 5 b.) year 6 c.) year 4 d.) year 3
Option c. Year 4 is the correct answer. The payback for the project will begin from year 4 onwards
Profit and cash flow are crucial financial indicators for businesses. However, it happens frequently for persons who are new to finance and accounting to mix up the two terms. Making important decisions about a company's performance and financial health requires an understanding that cash flow and profit are not the same thing.
Amount of investment: $200,000
Cash flows:
Year 1: $65000
Year 2: $50000
Year 3: $55000
Year 4: $35000
Year 5: $40000
Year 6: $50000
Sum of cash flow for Years 1 to 4 = 65000 + 50000 + 55000 + 35000 = $205000
Since $205000 is greater than $20000 in year 4, payback will occur from year 4 onwards
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traditional costing systems often commit the cardinal sin of overproduction in a lean production company if managers are:
The traditional costing systems often commit the cardinal sin of overproduction in a lean production company if managers are .
Ordering of excess inventory, to achieve quantity discounts and favorable prices
Refuse to halt production to determine the cause of a quality problem, in order to avoid having idle employees and equipment
Try to obtain lower fixed costs per unit under absorption.
Costing system:
Basically, the various accounting systems are used that depend on the company's usage under cost accounting and some of these accounting systems are process costing, activity-based costing, traditional costing, and job order costing.
Given,
Here we need to find the traditional costing systems often commit the cardinal sin of overproduction in a lean production company if managers.
For the predetermined overhead rate allocation bases are direct labor hours or machine, the following options are correct.
They are,
The Ordering of excess inventory in order to achieve quantity discounts and favorable pricesRefuse to halt production to determine the cause of a quality problem, in order to avoid having idle employees and idling time of equipment Try to obtain lower fixed costs per unit under absorption of the time.To know more about Costing system here.
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consider that your profit-maximizing quantity of 500 can be produced at an average cost per unit of $9 and sold for a market price of $14. what is your profit per unit? $ what is your total profit? $
The profit per unit is $5 and the total profit is $2,500.
Given in the Question:
Number of units = 500
Average cost per unit = $9
Market Price = $14
The profit per unit is calculated using formula:
= Market price - Average cost
= 14 - 9
= $5
The total profit is calculated using formula:
= Profit per unit x Number of units sold
= 5 x 500
= $2,500
Hence, The profit per unit is $5 and the total profit is $2,500.
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a person's salary is reduced by 6% one year due to necessary budget cuts. the next year (after business has improved) the person is given a 6% raise. is the employee's income back to where it was originally? explain your reasoning. if one's salary is $30,000 and decreased by 6% the salary would be $
The salary would be $28200 when it is decreased by 6%
A salary increment is a percentage-based increase in an employee's yearly wage. Employers use salary increments to more fairly and easily give annual raises, while individuals use this percentage as a reference point when negotiating pay increases. A salary increment system aids in improving the consistency, standardization, and scalability of the compensation process for businesses.
Original salary = $30000
Salary after reduction by 6% = 30000 - 6% of 30000
= 30000 - 1800
= 28200
Salar after raise is given = $29892
No, the employee's salary is not back to the original. It is less than the actual salary by $102
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which of the following statements is false? a) problems can arise using the irr method when the mutually exclusive investments have different cash flow patterns. b) the irr is affected by the scale of the investment opportunity. c) multiple incremental irrs might exist. d) the incremental irr rule assumes that the riskiness of the two projects is the same.
Option b.) IRR is affected by the size of the investment opportunity is the correct answer. This is because using the IRR method can be problematic when mutually exclusive investments have different cash flow patterns.
The incremental IRR rule assumes that two projects have equal risk. There can be multiple incremental IRRs. The internal rate of return (IRR) is the discount rate that drives the net present value (NPV) of a project to zero. In other words, the total annual return expected to be achieved on a project or investment.
In addition to the portion of the indicator that reflects market dynamics and economic strength, other factors such as project strategic positioning, business performance, leverage and leverage also contribute to his IRR.
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What might be the benefit of setting up a recurring payment through online bill pay?.
Online bill payment is the practise of paying bills using electronic equipment like computers, tablets, cellphones, and so forth. It is joined to having a checking account that allows electronically withdrew funds for payment of occasional or ongoing bills.
It performs payments.To be completed quickly and efficiently. In addition,Referred to as electronic or automatic bill Payment of bills.You only pay once when you make a one-time payment. You will make multiple payments when you set up recurring payments.Small firms frequently utilise the application software QuickBooks Online to manage their accounting tasks.Therefore, there are two ways for a user to start setting up a recurring transaction in Quickbooks online, and they are as follows:First, a user can choose “make recurring” from a list of options at the bottom of a transaction.A user may choose choose gear and then the recurring transaction as an alternative.
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keatts company's bank statement included an nsf check written by one of its customers. what effect will the entry to recognize the nsf check have on the company's financial statements? balance sheet income statement statement of cash flows assets
The statement of cash flows assets will effect the entry to recognize the NSF check have on the company's financial statements.
The NSF stands for non sufficient funds. The NSF check is one which is not entertained by the bank of the company issuing the check, which means on the ground that its bank account does not contain sufficient funds or the bank account has been closed.
The NSF check will bounce by the banks which leads affect the keatts company's financial statement of cash flow assets, the aggregate total of all cash flows related to the assets of business, if an NSF check written by one of its customers.
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assume you create portfolio p with investment proportions of 0.60 in a and 0.40 in b. a. what is the standard deviation of the portfolio? (do not round your intermediate calculations. round your answer to 2 decimal places.) b. what is the beta of your portfolio? (do not round your intermediate calculations. round your answer to 2 decimal places.) c. what is the firm-specific variance of your portfolio?
The standard deviation of the portfolio is 17.58%, the beta of your portfolio is 0.57, the firm-specific variance of your portfolio is 392.04 and 729.
Standard Variable [tex]A^2[/tex] =beta [tex]A^2[/tex] × Standard Variable [tex]M^2[/tex] / R square-A;Standard Variable [tex]A^2[/tex] = [tex]0.55^2[/tex] × [tex]18^2[/tex]/0.25 = 392.04
Standard Variable A = √(392.04) = 19.8%
Standard Variable [tex]B^2[/tex]=beta [tex]B^2[/tex] × Standard Variable [tex]M^2[/tex] / R square-B;
Standard Variable [tex]B^2[/tex]= [tex]0.6^2[/tex] × [tex]8^2[/tex]/0.16 = 729
Standard Variable B = √(729) = 27%
Cov (rA, rB) = beta A × beta B × Standard Variable [tex]m^2[/tex] = 0.55 × 0.6 ×
[tex]18^2[/tex] = 106.92
Correlation(A,B) = Cov (rA,rB) / (sStandard VariableA × Standard
VariableB)
Correlation (A,B) = 106.92/(27 × 19.8) = 0.2
Portfolio standard deviation = √ ( w[tex]1^2[/tex] × Standard Variable[tex]A^2[/tex] + w[tex]2^2[/tex] ×
Standard Variable[tex]B^2[/tex] +
2×w1×w2 × corr(A,B) × stdVA × stdVB)
W1 =0.6 ;w2 =0.5; stdVA =19.8%; stdVB=27%; corr(A,B) =0.2
By substitution, we get Portfolio standard deviation as 17.58%
Beta of the portfolio is 0.6 × 0.55 +0.4 × 0.6 = 0.57Firm specific Variance of A = stdV[tex]A^2[/tex] = 392.04 ( as shown in Part 1)Firm specific Variance of B = stdV[tex]B^2[/tex] = 729 ( as shown in Part 1)
Covariance between portfolio and market indexCov(rP, rM) = Corr × stdVP × stdVM
Cov(rP,rM) = 0.2*17.58 × 18 = 63.28
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rena is beginning her week as a sales representative for logitech technology. she decides to start the day by developing a list of potential customers, which is called
Rena is beginning her week as a sales representative for Logitech technology. she decides to start the day by developing a list of potential customers, which is called prospecting.
When a salesperson spots a potential client, it's called?Prospecting is the action here. Finding potential customers for a good or service is the first step in the rest of the sales process. A lead. A potential customer is a buyer of a good or service who hasn't been approved yet.
Which stage of the sales process is used to draw in prospective clients and customers?During this phase, you locate potential clients and ascertain whether they require your good or service—and whether they can pay what you have to offer.
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imagine that you have been hired by a famous advertising agency. your first assignment is to design a campaign for a new brand of designer water. in reality, however, the designer water is no different from the regular city water. in this case, you are best off using the route, because .
You work for an advertising agency. You have been assigned to come up with an advertising campaign for a new brand of designer water. In this case, you are best off using the peripheral route, because you don't have strong arguments for why your product is superior.
What's the part of an advertising agency?Advertising Agency is just like a knitter. It creates the advertisements, plans how, when and where it should be delivered and hands it over to the customer. Advertising agencies are substantially not dependent on any associations. These agencies take all the sweats for dealing the product of the guests.
What's significance of advertisement?Advertising is a type of paid creation that brings attention to your crucial communication, and it's the pivotal coming step for making your digital marketing strategies work. It increases your brand exposure so you can snappily achieve your business pretensions, from erecting your client base to growing your deals volume.
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improvements in the productivity of labor will tend to: group of answer choices decrease wages. decrease the supply of labor. increase wages. increase the supply of labor.
Improvements in the productivity of labor will tend to option(c) increase wages.
Production per worker or per hour worked is referred to as labor productivity. Skills of the workforce, technology advancement, managerial techniques, and changes in other inputs are all variables that can have an impact on labor productivity (such as capital).
Growth in productivity helps businesses to raise worker wages. Unit labor costs (ULCs), a measure of the labor expenses incurred in generating one unit of output, go down as labor productivity rises, allowing businesses to offset the impact of pay increases on profits.
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the ratio of value-added manufacturing time to the total of both value and non-value-added manufacturing times is known as
The ratio of value-added manufacturing time to the total of both value and non-value-added manufacturing times is known as cycle efficiency.
Value-Added Time—The amount of time spent on tasks that add value to a process or that customers are willing to pay for. Time spent performing tasks in a process that the client is not prepared to pay for is referred to as non-value added time. Time spent that enhances the results of a manufacturing is referred to as value added time. Usually, this is only the processing time necessary for production. The time spent enhancing the value of a good or service is known as the value added ratio (VAR).
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a variety of factors relating to industry structure affect the performance of the firm, including a. threat of entry. b. rivalry between existing competitors. c. the state of the economy. d. a and c. e. a and b.
Several factors related to industry structure influence business performance, including threat of entrance and competitiveness among current competitors.
An industry is a group of companies that are associated by their major business activities. There are numerous industry classifications in modern economies. Industry classifications are often divided into bigger divisions known as sectors.
Individual businesses are often grouped into industries depending on their primary sources of revenue. While an automobile manufacturer may have a financing segment that provides 10% of total income, most categorization methods would classify the company as an automaker. The major product that a corporation manufactures or sells determines the industry classification. Meanwhile, industries are divided into sectors.
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Who is most likely to be treated with deference, such as always getting the best seat in the conference room during meetings? question 1 options: vice president of sales sales rep sales assistant sales manager
Vice president of sales is most likely to be treated with deference, such as always getting the best seat in the conference room during meetings.
Deference, or speaking with respect and concern for those who are older or, in some other way, hold a position of authority over you, is referred to as this.
Depending on how closely connected the parties are, the respect may be formal or informal. Formal language and terminology are employed with formal deference. In casual deference, less formal language is always employed, but with respect.
When I need to address someone who is in a higher social or professional position than me, such as professors, medical lawyers, or my boss, among others, I use formal deference. I also show this kind of respect to senior folks who I don't intimidate by always addressing them as Mr. and Mrs.
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what is the future value of $3,100 in 18 years at an apr of 8.4 percent compounded semiannually? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
The future value of $3100 in 18 years at an interest rate of 8.4% compounded semiannually is $13633.24.
Here, if I take 1.04236, it equals 4.40.
If 1.04236 = 4.39782 is taken, then A = $3100 multiplied by 4.39782 equals $1633.24.
The sum that the lender demands from the borrower in addition to the principal amount is known as the interest rate.
An interest rate informs you of how much borrowing will cost you and how much saving will pay off. Compounding is the process of repeatedly adding earnings to the principal invested in order to cause a sum of money to grow exponentially over time. When interest is calculated, it Compound is done so on the initial principal as well as all of the accumulated interest from prior periods.
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Walt disney said, if you can dream it, you can do it. This quote best describes ________ leadership.
Walt Disney said, if you can dream it, you can do it. This quote best describes visionary leadership.
Walter Elias Disney become an American animator, film producer, and entrepreneur. A pioneer of the Yankee animation industry, he added several developments inside the production of cartoons. As a film producer, he holds the file for the maximum Academy Awards earned and nominations through a person, having won 22 Oscars from 59 nominations. He changed into presented with Golden Globe special success Awards and an Emmy Award, among other honors. several of his films are covered within the countrywide movie Registry through the Library of Congress. Disney changed into the primary individual to be nominated for Academy Awards in six unique classes.
Disney evolved an early hobby in the drawing. He took art lessons as a boy and got a process as a commercial illustrator at the age of 18. He moved to California in the early 1920s and installed the Disney Brothers Studio together with his brother Roy. With Ub Iwerks, he advanced the man or woman Mickey Mouse in 1928, his first exceptionally famous fulfillment; he also supplied the voice for his advent in the early years.
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carole and richard go to ikea knowing what they need and where the products are located in the large warehouse section of the store. on a previous day, they had walked through the showroom where they were forced to follow the path dictated by the store. instead, today they bypass the showroom upstairs. they go directly to the warehouse and use an automated kiosk to quickly locate the goods they want to purchase. their goal is to get in and get out of the store as quickly as possible so they can move on to other errands across town. which mcdonaldization component is best illustrated by this example of carole and richard's goal for today?
The mcdonaldization component which is best illustrated by this example of Carole and Richard's goal for today is efficiency.
George Ritzer is a renowned professor at the University of Maryland, an American sociologist, author, and editor. Ritzer, who was born in New York City in 1940, went to both the University of Michigan in Ann Arbor and City College of New York. He received his doctorate from Cornell University. Additionally, he has won numerous academic honors.
The McDonaldization of Society, Ritzer's best-known piece, was released in 1993. The book has been reissued in various editions and is still extensively read. The book explains a more significant transformation occurring both in American society and throughout the world using the framework of the McDonald's franchise. According to George Ritzer, McDonaldization is comprised of four main components: efficiency, calculability, predictability, and control.
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