In the long run, you can change anything about your business, so all costs are variable.
Making, purchasing, and retailing items in order to sustain oneself financially is referred to as business. "Activities or operations carried out for profit" are also included.
Since the business entity is not legally distinguished from the owner by utilising the company name, the business owner is liable for all of the firm's liabilities. In the event that the business incurs debt, creditors may confiscate the owner's personal property. Company structures are not permitted to use corporate tax rates. The proprietor must pay personal taxes on all business revenue.
Hence the correct option is A
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the chain of manufacturer, agent, wholesaler, and retailer through which items like x-ray machines, dental equipment, and safety goggles flow is called a(n) channel.
Producer to shop to consumer is the definition of the value chain, in which the retailer buys product from the producer and then sells them to the customer.
What does "retailer" mean?Retail refers to the process through which purchasers purchase goods and then resell them to consumers, as opposed to suppliers or wholesalers, for their own use. Between the wholesaler and the customers, the retailers act as an intermediary. They buy products from wholesalers and sell them in small quantities to final clients.
Who are a wholesaler and a retailer?Businesses that sell to individual consumers are retailers (B2C). This indicates that customers can directly acquire the goods that shops sell. Business-to-business (B2B) organizations include wholesalers. It follows that.
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which of these is considered telemarketing? a) emailing a list of properties for sale or linking to a listing website b) unsolicited faxing of listing solicitations or invitations to assist buyers c) all of these d) using the telephone to make unsolicited calls to potential buyers
(d) Using the telephone to make unsolicited calls to potential buyers is considered telemarketing.
The correct option is (d).
Telemarketing is a technique of direct advertising wherein a shop clerk solicits prospective clients to shop for products or services, either over the smartphone or via a subsequent head to head or internet conferencing appointment scheduled for the duration of the decision.
Telemarketing is the direct marketing of products or services to ability clients over the cellphone or the internet. four not unusual forms of telemarketing encompass outbound calls, inbound calls, lead technology, and income calls.
Telemarketing permits your enterprise to immediately market your items and services to clients via the telephone or internet. it can contain diverse sports from surveying, to telesales, to appointment-setting or even database retaining.
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what are the arguments that support businesses moving toward a sustainable future? (check all that apply.)
Reduced commercial enterprise costs, extra revolutionary strategies, an progressed reputation, and extra new clients who fee sustainability all paintings to boom the quantity of cash sustainable organizations earn.
The required details about sustainability is mentioned in below paragraph.
Sustainability is typically defined as having 3 dimensions (additionally referred to as pillars): environmental, economic, and social.Many courses nation that the environmental dimension (additionally referred to as "planetary integrity" or "ecological integrity") is the maximum important, and, in ordinary usage, "sustainability" is frequently centered on countering predominant environmental problems, such as weather change, lack of biodiversity, lack of surroundings services, land degradation, and air and water pollution.Humanity is now exceeding several "planetary boundaries".
A intently associated idea is that of sustainable development, and the phrases are frequently used synonymously. However, UNESCO distinguishes the 2 thus: "Sustainability is frequently concept of as a long-time period goal (i.e. a extra sustainable world), while sustainable development refers to the various strategies and pathways to obtain it.
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users are finding and visiting your website from a variety of different places, including search engine results and social media. which section within reports in analytics can give you insight into where your users are coming from before visiting your website?
Since users are finding and visiting your website from a variety of different places, the section within reports in analytics that can give you insight into where your users are coming from before visiting your website is option B: Acquisition.
What does Go ogle Analytics' acquisition section do?A person can learn more about how users who have never used your website or app found it thanks to the user acquisition report. You may learn more about what brought new and returning users to your website or app by using the traffic acquisition report.
Therefore, the Acquisition area provides information about the sources of your visitors, including search engines, social media, and website referrals. This area is crucial for identifying the online marketing strategies that are driving the most traffic to your website.
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See full question below
Users are finding and visiting your website from a variety of different places, including search engine results and social media.
Which section within Reports in Go ogle Analytics can give you insight into where your users are coming from before visiting your website?
Monetization
Acquisition
Engagement
Demographics
steve and craig have been shipwrecked on a deserted island in the south pacific. their economic activity consists of either gathering pineapples or fishing. we know steve can catch four fish in one hour or harvest two baskets of pineapples. in the same time craig can reel in two fish or harvest two baskets of pineapples. if they each spend four hours a day fishing and four hours a day harvesting pineapples, how many of each will steve produce? how many will craig produce? what will their total production be?
Craig will generate 8 fish daily and 8 carriers of pineapples, bringing the combined production to 24 fish and 16 baskets per day. He will provide 16 fish daily and 8 receptacles of pineapples.
What are some economic examples?The social science of economy focuses on the analysis of resource scarcity. It examines variables that have an influence on how products and services are produced, distributed, and received in an economy. It investigates how people, organizations, and governments distribute limited resources.
Briefing:Steve grows eight baskets of pineapples and four fish (four fish per hour) in four hours (4 hours x 2 baskets per hour). Craig makes eight fish (four hours at two fish each) and eight baskets of pineapples each day (4 hours x 2 baskets per hour). A total of 24 fish as well as 16 bags of pineapples are produced each day.
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One restaurant you know of offers a "cash discount" and another charges a "credit card fee." even though you end up paying the same amount for your meals at both restaurants, you feel like the cash discount is a good deal and that the credit card fee is unjust. this is due to which decision making bias?
One restaurant you know of offers a "cash discount" and another charges a "credit card fee." Even though you end up paying the same amount for your meals at both restaurants, you feel like the cash discount is a good deal and that the credit card fee is unjust. This is due to Framing Effects bias.
A restaurant is a place where food and drink are prepared and served to customers. Meals are usually served and enjoyed on the spot, but many restaurants offer take-out or delivery services.
Restaurants vary greatly in appearance and service, spanning a wide range of food and service models, from fast food and casual cafeterias, to mid-range family restaurants for small businesses, to expensive fine dining restaurants. The phrase comes from his early 19th-century verb to restore, which literally means "to return to an earlier state."
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if the gdp deflator is 140 in the year that the inflationary gap is identified, and three years later it is 140, does this mean that there has been inflation over the three years? explain.
If the GDP deflator stays constant, prices are also stable, indicating neither inflation nor deflation. Therefore, if the GDP deflator is 140 in the year that the inflationary gap is discovered and 140 three years later, there hasn't been any inflation throughout that time.
If the GDP deflator is higher than 100, the economy has experienced an improvement in the level of prices since the base year. In other words, there has been inflation in the economy.
An economy is said to be in a state of deflation when its GDP deflator is lower than 100. The cost of products and services typically goes down when the economy is in a deflationary state. Since the nominal GDP bases the economic GDP on current prices, it is therefore less than the actual GDP.
Therefore, there has been no inflation over the three years.
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you are offered a job at xyz corp. a friend emails you an article indicating the company has been funding questionable research that may be causing irreparable damage to a specific ecosystem. you notice in the code of ethics that you will be required to sign a non-disclosure agreement and a statement saying if you leave for any reason, you will be barred from working for a similar company for one year. do you take the job, why or why not?
A friend emails you an article indicating the company has been funding questionable research that may be causing irreparable damage to a specific ecosystem.
What is ecosystem?An ecosystem is a geographic area where plants, animals, and other organisms, as well as weather and landscape, work together to form a bubble of life. Ecosystems contain biotic or living, parts, as well as abiotic factors, or nonliving parts. Biotic factors include plants, animals, and other organisms. Abiotic factors include rocks, temperature, and humidity.Every factor in an ecosystem depends on every other factor, either directly or indirectly. A change in the temperature of an ecosystem will often affect what plants will grow there, for instance. Animals that depend on plants for food and shelter will have to adapt to the changes, move to another ecosystem, or perish.Ecosystems can be very large or very small. Tide pools, the ponds left by the ocean as the tide goes out, are complete, tiny ecosystems.
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only employees connected to ipv6 interfaces are having difficulty connecting to remote networks. the analyst wants to verify that ipv6 routing has been enabled. what is the best command to use to accomplish the task?
Only employees connected to ipv6 interfaces are having difficulty connecting to remote networks. the analyst wants to verify that ipv6 routing has been enabled. The best command is show ipv6 route
What is a remote network?Generally, To verify that IPv6 routing is enabled on a device, you can use the "show ipv6 route" command. This command will display the IPv6 routing table for the device, including any connected and static routes, as well as any dynamic routes learned through a routing protocol such as OSPF or BGP. If the routing table includes entries for IPv6 prefixes, it indicates that IPv6 routing is enabled on the device.
For example, you can use the following command to display the IPv6 routing table on a Cisco router:
show ipv6 route
On other devices, the command may be slightly different. For example, on a Linux or Unix-based system, you can use the "ip -6 route show" command to display the IPv6 routing table.
Keep in mind that while the presence of entries in the IPv6 routing table indicates that IPv6 routing is enabled, it does not necessarily mean that all IPv6 traffic is being forwarded correctly. You may need to use additional commands or tools to troubleshoot any issues with IPv6 connectivity.
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camila purchased a house for $89,000, spent $56,000 upgrading it, and recently had it appraised at $212,900. the house is being rented to a family for $1,200 per month, the maintenance expenses average $200 per month, and the property taxes are $4,800 per year. if she sells the house she will incur $20,000 in expenses. she is considering converting the house into professional office space. what opportunity cost, if any, should she assign to this property if she has been renting it for the past two years? multiple choice $178,500 $120,000 $185,000 $192,900 $232,900
If she has renting it for the previous two years, the opportunity cost she assigns to this property is $192,900.
What does maintenance mean?1.: the act of keeping someone or something in good shape, such as a: an act of keeping equipment or property in excellent condition by making repairs, resolving problems, etc. Years of poor maintenance have damaged the building. the cost of routine car maintenance.
Briefing:Current value = $212,900
Selling expense = $20,000
Opportunity cost is calculated as Current Value - Selling Cost.
Opportunity cost = $212,900 - $20,000
Opportunity cost = $192,900
If Sue chose to turn this home into a business, she would forfeit a $192,900 opportunity cost.
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a proposed project has a negative npv if it is financed entirely by equity. if the project can sensibly be financed partly by debt and the firm pays tax, will the project remain unacceptable?
A proposed project has a negative NPV if it is financed entirely by equity. If the project can sensibly be financed partly by debt and the firm pays tax using debt will increase the NPV.
Equity in the financial context refers to ownership of assets with underlying obligations such as liabilities. For accounting purposes, equity is calculated by deducting liabilities from the value of assets.
Since this asset class was regulated by the equity legislation that was introduced in England in the late Middle Ages to meet the growing demands of commerce, it is called in English. is "equity". Equity courts deal with contractual rights to property, while common law courts initially deal with title issues.
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Maxine and her friend Alice share a love of listening to music from England. They spend
plenty of sleepovers listening to their favorite bands and are always sharing new songs or
artists with each other.
One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival in
England where some of their favorite bands will play. Plus, she has a ticket for Maxine, and
Alice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feels
like this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.
Based on the given information Maxine should not use her emergency fund to take this super rare opportunity as it is intended to use in an unforeseen situation.
What is an emergency fund?
An emergency fund is said to be savings that an individual intended do in order to meet challenges that are not predictable and unforeseen for them.
An emergency fund shouldn't be used for a planned vacation or other predictable expenses; rather, it should only be used in the event of an unexpected event. You don't have to deprive yourself of small comforts in life.
In the given case, the music concert is not an unforeseen event is a planned vacation so the emergency fund should not be utilized.
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Jenny invests $20,000 in an account earning 4. 5% interest, compounded annually. Cam invests $20,000 in an account earning 6. 5% interest, compounded annually. Given that no additional deposits are made, compare the balances of the two accounts after 5 years. (round to the nearest dollar).
The conclusion is that C) Cam has $2,478 more in his account than Jenny.
How to calculate the compound interest?Compound interest is given by:
A=P(1 + r / 100)^n
Amount Jenny earned after 5 years will be:
A=20000(1 + 4.5 / 100)^5
A=$24,923.64
Amount Cam earned:
A=20000(1 + 6.5/100)^5
A=$27,401.73
Comparing the two earnings we get:
27401.73 - 24923.64
=$2,478.09
We conclude that Cam had $2478 more money in the account than Jenny
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Complete question
Jenny invests $20,000 in an account earning 4.5% interest, compounded annually. Cam invests $20,000 in an account earning 6.5% interest, compounded annually. Given that no additional deposits are made, compare the balances of the two accounts after 5 years. (round to the nearest dollar)
A) Cam has $2,082 more in his account than Jenny.
B) Jenny has $2,082 more in her account than Cam.
C) Cam has $2,478 more in his account than Jenny.
D) Jenny has $2,478 more in her account than Cam
calculate the time value of the call with the call premium of $9.06, cureent stock price of $26.72, exercise price of $49.91 (answer to 2 decimal places in dollars, so 2.52 for $2.52).
The Time value of the call with call premium of $9.06 - ($26.72 - $49.91) is $2.52
How to calculate the time value of the call with the call premium? The time value of a call option is the difference between the option's premium and its intrinsic value. The intrinsic value of a call option is the difference between the underlying asset's price and the strike price.To calculate the time value of a call option, use the following formula:Time Value of Call Option = Call Premium - (Underlying Asset Price - Strike Price)For example, if the underlying asset price is $50, the strike price is $45, and the call premium is $3.50, then the time value of the call option is $3.50 - ($50 - $45) = $0.50.In conclusion, the time value of a call option is the difference between the option's premium and its intrinsic value. The time value of the call option can be calculated by subtracting the underlying asset price from the strike price and then subtracting the result from the call premium.To learn more about time value refer to:
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no sooner had ashley johnson, hr manager at northern widget inc., a fictional manufacturing company, started her computer on monday morning when she saw an urgent email from one of the floor supervisors. apparently, an employee had told the supervisor that union organizers had called him at home the previous night. the organizers said that a major campaign to organize northern widget's employees was starting within the next few days; they appealed for the employee's support. ashley knew that the ceo was opposed to union representation for northern widget's employees and that she would be expected to devise and implement a plan to deal with this situation. she knew that wages at northern were slightly below local competing companies; she thought that perhaps a wage increase would help reduce support for the union. however, she didn't know what employees she should target with her efforts. would maintenance engineers, electricians, and supervisors become part of the union's organization effort? she had never experienced a union organizing drive, and she wondered what the union would do to try to organize workers in the plant.
The option that Ashley NOT is permitted to do because it would be an unfair labor practice is to Offer a pay increase if the employees refuse to join the union Option A
What is an unfair labor practice?Any unjust act or omission that occurs between an employer and an employee that involves: The employer's unfair behavior regarding the promotion, demotion, or training of an employee or regarding the distribution of benefits to an employee, is referred to as an unfair labor practice.
Unfair Labor Practices (ULP) are actions taken by unions, employers, or workers that infringe on those parties' rights under the National Labor Relations Act.
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Which of the following is Ashley NOT permitted to do because it would be an unfair labor practice?
A. Offer a pay increase if the employees refuse to join the union
B. Hire an attorney to advise Northern on strategy
C. Require employees to attend meetings explaining why they should vote against the union
D. Ask employees to meet one-on-one with supervisors
A. Offer a pay increase if the employees refuse to join the union
companies value-to-book and market-to-book ratios may differ due to accounting reasons. an example of an accounting reason that would create a difference is:
Due to accounting considerations, a company's value-to-book and market-to-book ratios may vary.
Briefing:-Investments in successful research and development initiatives that are expensed in accordance with conservative accounting principles are an example of an accounting cause that would make a difference.
Between book value and market value, what is the difference?The net value of a company's assets as shown on its balance sheet is known as book value, and it generally corresponds to the total sum that all shareholders would get in the event of a liquidation of the business. Market value, also known as market capitalization, is a measure of a company's value based on the value of all its outstanding shares on the market.
Which is more significant, book value or market value?The balance sheet is used to determine book value and the share price to determine market value. A stock may be undervalued if book value exceeds market value. If the book value is lower, the stock may be overpriced. When making investment selections, it is best to combine book value with market value.
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the application date is the date you received the completed enrollment form from the beneficiary
True. The application date is the date you received the completed enrollment form from the beneficiary.
What is meant by application date?The application's receipt date serves as its application date. The application date is the day the application was taken when a form is filled out over the phone or online.
Time of application refers to either the day the director receives the application for a contract or the date the applicant sends the application for a contract, as shown by the postmark.
Yes, you can still apply for a position after the deadline has passed. Technically, the recruiter should close the position if it is already filled and an offer has been made and accepted, however this doesn't always happen. The enrollment form that the beneficiary completed and returned to you constitutes the application date.
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T/F the application date is the date you received the completed enrollment form from the beneficiary
a portfolio has 3 stocks, apple 43.9%, starbucks 35.8%, and microsoft. the betas are apple 1.21, starbucks 0.82, and microsoft 0.69. calculate the beta of the portfolio to 2 decimal places.
If a portfolio is comprised of three stocks. Then the stock apple comprises 43.9% of the portfolio, Starbuck's 0.82, and Microsoft 0.69 and has a beta of 1.21. The portfolio beta is 0.772 .
Portfolio beta is calculated by using the given formula.
Here, the portfolio comprises of three stocks.
Portfolio beta = (Apple portfolio × beta)+[(1-Starbucks portfolio) × Microsoft beta]
βp = (43.9% × 1.21) + [(1 - 35.8%) × 0.69%]
βp = (0.531) + [.35 × 0.69%]
βp= 0.531 + 0.241
βp = 0.772
However, the portfolio beta tends to describe a relative volatility of an individual securities portfolio.
Hence, the portfolio beta is 0.772
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Which 3 of these are among the details in transactions imported by using the App transactions tab in QuickBooks Online?a. Customer nameb. Quantityc. Fee breakdownsd. Currencye. Custom fieldsf. Bin locationg. Bill of materials
Correct options are a, b, c. Customer name, Quantity, Fee breakdowns are among the details in transactions imported by using the App transactions tab in QuickBooks Online.
QuickBooks Online: What is it?QuickBooks Online is cloud-based accounting software that enables you to keep track of your income and expenses as well as your company's or business's overall financial health. This program can be used to make invoices, generate reports, pay bills, and even file taxes.
QuickBooks Online, created by Intuit, includes a wide range of web-based services, including improved mail functionality, online banking, remote payroll support, and electronic payment alternatives.
The operating system of QuickBooks Online is user-friendly and suitable for both freelancers and business owners. You will therefore find it simple to utilize our accounting solution even if you are a business owner without a background in accounting or finance.
A user-friendly interface, ready-to-use templates, and flexible access to your financial data are all features of QuickBooks Online.
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true or false: because employee performance is so important to organizations, senior management consistently supports performance management procedures.
Senior management does not support performance management procedures for employee performance . Thus, the statement is false.
What is performance management?Performance management is a corporate management tool that allows managers to monitor and evaluate the work of their employees. The goal of performance management is to create an environment in which people can perform to the best of their abilities and produce the highest-quality work in the most efficient and effective manner.
Businesses require effective performance management. It assists them in aligning their employees, resources, and systems to meet their strategic objectives through both formal and informal processes.
Therefore, to align the employees with the objectives of the organization, senior management consistently supports performance management procedures.
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which economic principle does the quote most directly support and which does it most directly contradict?
In a command economy, also known as a planned economy, the government decides which goods and services to produce.
What are Command and mixed economy ?how they are produced and distributed, and how much they cost. The central planner is the government.
The two economic systems are command and mixed economies. The government controls the system in a command economy. A mixed economy is run partly by the government and partly by the free market, which is an economic system with no government intervention and is primarily governed by the law of supply and demand.
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if an insurance carrier agrees to pay 75% of the cost of service and requests the patient pay the remaining 25%. this is what kind of expense?
This expense falls under the category of coinsurance, depending on the given question.
An insurance carrier is what?It is a business that markets and completes insurance contracts. At some time, you will deal with an insurance carrier, whether you are looking for health insurance, renter's insurance, or life insurance. When you file any claims, they'll give you your policy and carry out the terms of the agreement.
What does an insurance company v / s insurance carrier?The company that offers an insurance plan to a consumer is an insurance company, which is often referred to as an insurance carrier. The insurance company is responsible for the underwriting of the policy, collecting the customer's monthly premium payments, and disbursing funds for any valid claims.
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a factor that limits the performance of a process or operation, and therefore results in sub-optimal output, is called a .
a factor that limits the performance of a process or operation, and therefore results in sub-optimal output, is called a Constraint.
The core of Goldratt's Theory of Constraints is constraint management (TOC). The term "constraint" describes a resource that acts as a bottleneck and lowers a manufacturing system's output. In order to schedule bottleneck resources (such as work centres) to maximise their throughput, TOC offers bottleneck controlling principles.
The Theory of Constraints is a process for determining the most significant constraint (i.e., limiting factor) that prevents the accomplishment of a goal and then methodically removing that limitation until it is no longer the constraint. The restriction is frequently referred to as a bottleneck in manufacturing.
The Theory of Constraints employs a methodical strategy for development. It postulates that any complex system, including industrial processes, is made up of a number of interconnected activities, one of which imposes constraints on the others (the constraint activity is referred to as the "weakest link in the chain").
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if the price of a good decreased by 3 percent and the total revenue increases, the demand for the product would be:
That demand for the item might be inelastic elastic units if the price of the good dropped by 3% while the overall revenue increased.
What is revenue vs profit?Both offer a critical perspective on your company. Profit refers to total earnings after subtracting expenses from earnings, whereas revenue refers to income gained through core business. Sales, fee-based income, and property-based income are just a few of the several ways that money might come in.
What is revenue of a company?Revenue is the sum of money that a business receives in return for its products and services, or, in the other direction, the price that a client pays for just a business's products or services.
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the owner knows that one of the reasons people do not return to his store is because of the slow service. how would a swot analysis classify the slow service at dina plumbing supplies?
Don knows that one of the reasons people do not return to his electronics store is because of the slow service. This is an example of the organization's Weaknesses.
Horrific customer support is when a purchaser feels their expectancies have been not met. consistent with our tendencies report, the top indicators of poor customer service consist of long wait times, an automated gadget that makes it tough to reach a human agent, and having to repeat information more than one time.
The five major causes of poor customer service include hiring the incorrect humans, loss of training, employee burnout, a false impression of client expectancies, and absence of worker engagement.
The maximum apparent one is not resolving a patron request or ignoring it. other customer support ache points consist of lengthy waits, poor employee understanding, lack of etiquette and manners.
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Complete question:
Don knows that one of the reasons people do not return to his electronics store is because of the slow service. This is an example of the organization's ________.
1. intelligence
2. threats
3. opportunities
4. strengths
5. Weaknesses
on january 1, forward company issues bonds that have a $22,000 par value, mature in 4 years, and pay 8% interest per year. interest payments are paid to bondholders semiannually on june 30 and december 31. how much interest does forward company pay to bondholders every six months if the bonds are sold at par?
Th interest that Forward company would pay bondholders every six months is $880.
What is the interest that would be paid every six months?A bond is a debt instrument that is used by firms to raise the capital that is needed for business activities. People who purchase bonds are known as bondholders.
Bondholders receive interest at regular predetermined time intervals. Interest is the compensation that is received by the bondholders for giving the borrower their funds. The interest received is a function of the interest rate and the par value of the bond. At the maturity of the bond, the bondholder is paid back the par value of the bond.
Interest = (interest rate / 2) x par value
Interest = (8% / 2) x 22,000
Interest = 4% x 22,000
Interest = 0.04 x 22,000
Interest = $880
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what kind of test helps employers screen out applicants who are high risk for negative on-the-job behaviors such as stealing, illicit drug use, or fighting with coworkers?
Using an integrity test, companies can weed out candidates who pose a high risk of engaging in risky workplace activities including theft, drug usage, or hostility toward coworkers.
Who are called employers?A person or business that employs others is an employer. Employees are paid by their employers for their labour. An employer is a person, business, or other entity that hires workers and compensates them for their labour. The term "employer" refers to a person or a corporate entity operating in the public, private, nonprofit, or business sectors that employs and compensates workers. Employers set the conditions of work for employees and supply the agreed-upon terms, such as the compensation, in their capacity as the authority within an organisation.
What is the role of an employer?Workplace conditions, organisational structures, and machinery and equipment are secure and well-maintained. Information, instruction, training, and supervision are given. There are sufficient workplace amenities accessible to employees. Any modifications you make for your staff members are safe. Establish and maintain safe working conditions, tools, and equipment. Manage the job to ensure the wellbeing, health, and safety of the workers. Establish a safety statement after evaluating the risks. Your staff should have access to clean restrooms and laundry facilities, so provide and maintain these amenities.
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when $1 million is deposited at a bank, the required reserve ratio is 20 percent, and the bank chooses not to hold any excess reserves but instead makes loans, then in the bank's final balance sheet,a.the assets at the bank increase by $200,000.b.reserves increase by $200,000c.the liabilities of the bank increase by $200,000d.all of the above occur
when $1 million is deposited at a bank, the liabilities of the bank increase by $1,000,000.
What are liabilities?In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is obliged to make to other entities as a result of past transactions or other past events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. Liabilities in financial accounting need not be legally enforceable; but can be based on equitable obligations or constructive obligations. An equitable obligation is a duty based on ethical or moral considerations. A constructive obligation is an obligation that is implied by a set of circumstances in a particular situation, as opposed to a contractually based obligation.
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10. Amy is excited because she just opened her own consulting firm. Amy loves being her own
boss and not having to consult with anyone else before she makes decisions. Eventually, she
even hopes to incorporate and enjoy some additional tax advantages. The only downside is
that she has invested all the money herself. If the business fails, she could go bankrupt. What
kind of business does Amy own?
A) Sole proprietorship
B Partnership
c) Cooperative
D) Corporation
A sole proprietorship is the kind of business does Amy own. Thus, option 'A' is the correct option.
What is a sole proprietorship?A sole proprietorship is a form of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also referred to as a lone tradership, individual entrepreneurship, or proprietorship. A solo proprietor may hire staff members and does not always operate alone.
The sole proprietor is solely responsible for all losses and obligations and receives all gains (subject to business-specific taxes). The owner of the firm is the owner of all of the company's assets and is also responsible for all of the company's obligations. In contrast to a partnership, which has at least two owners, it is a "single" proprietorship.
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using the percentage-of-receivables method for recording bad debt expense, estimated uncollectible accounts are $55,000. if the balance of the allowance for doubtful accounts is an $11,000 debit before adjustment, what is the balance after adjustment?
$66,000 is the adjusted balance. One method credit card companies employ to estimate a cardholder's finance account is adjusted balance.
One of numerous ways used by credit card companies to determine a cardholder's finance charge is the adjusted balance. The latter is the cost incurred when a cardholder doesn't pay their entire balance by the due date of each month, choosing instead to carry a load from month to month.
The current billing cycle's payments and credits are deducted from the prior balance at the end of the previous billing cycle when determining your financing charge using the adjusted balance method. The adjusted amount does not include any new charges that are accrued during the billing period.
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