michael was asked to collect the financial data from all the different departments so that top management could determine if they met their goals. what point is the at company in its budgeting process?

Answers

Answer 1

At the end of the budget period. This is the point the at company in its budgeting process.

What Is the Process of Budgeting?

Budgeting is the process of looking back at previous budgets and making plans for a future budget with the intention of predicting income. To understand what a budget is, one does not need to work in company management.

The step of this procedure that involves planning and approval is budgeting. Later comes accounting and auditing of government spending (such as internal and external controls). Government revenues and expenses are decided upon and distributed through the budget process.

Which 4 budgeting techniques are there?

Companies often utilize one of four types of budgets: incremental, activity-based, value proposition-based, or zero-based. Each of these four budgeting techniques has benefits and drawbacks, which will be covered in greater detail in this article.

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Related Questions

An upward shift in the consumption function, other things being equal, could be caused by households:
a. becoming optimistic about the state of the economy.
b. becoming pessimistic about the state of the economy.
c. expecting future income and wealth to decline.
d. None of the above are correct.

Answers

Answer: a. becoming optimistic about the state of economy

Explanation: In the example given, being upbeat about the state of the economy suggests that it is growing while other factors remain constant. In this scenario, the GDP will increase along with the income, salaries, employment, and investment growth, which will also cause the consumption function to shift upward.

daily demand for a type of sandwich sold at doorred cafe (drc) is normally distributed with a mean of 65 and a standard deviation of 27. drc orders the sandwiches from a wholesaler (everyday morning before 5:30 am) at a wholesale price of $4 per sandwich and sells them at a retail price of $7 per sandwich. pursuant to the contract between drc and its wholesaler, the transportation cost is currently borne by the wholesaler. the wholesaler does not take back any unsold sandwiches. however, drc can sell any unsold inventory at a discounted price of $3 after 5:00 pm every day. a) how many sandwiches should drc order to maximize profit?

Answers

Given the information provided, DRC should order 65 sandwiches to maximize their profits.

This is because the demand for sandwiches is normally distributed with a mean of 65 and a standard deviation of 27. By ordering 65 sandwiches, the cafe will have enough to meet the average daily demand without having to order too many and risk having to sell them at a discounted price.

To maximize profit, Doored Cafe (DRC) should order the number of sandwiches that minimizes the expected cost of lost sales due to unsold inventory. To find the optimal order quantity, we can iterate through different order quantities and calculate the expected profit for each one.

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What are some of the customization options in the Animation Pane? Check all that apply.

add animations
reorder animations
remove animations
set timing of animations
preview animations

Answers

With  Animation Pane you can:

add animationsreorder animationsremove animationsset timing of animationspreview animations

What is Animation Pane?

Generally, Animation Pane is a feature in Microsoft PowerPoint that allows users to manage and customize the animations applied to elements in a presentation. It allows users to view, add, modify, and delete animations in a slide.

To access the Animation Pane, you can go to the "Animations" tab in the ribbon and click on the "Animation Pane" button. The Animation Pane will appear on the right side of the PowerPoint window, showing a list of all the animations applied to the current slide.

In the Animation Pane, you can:

Add animations: You can add new animations to an object or text by selecting it and then choosing an animation from the list of available animations.

Reorder animations: You can change the order in which animations play by clicking on an animation in the Animation Pane and dragging it up or down to a new position.

Remove animations: You can remove an animation by clicking on it in the Animation Pane and then clicking the "Remove" button.

Set timing of animations: You can set the timing of an animation by clicking on it in the Animation Pane and then using the options in the "Start" and "Duration" fields to specify when the animation should start and how long it should last.

Preview animations: You can preview the animation by clicking the "Play" button in the Animation Pane. This will play all of the animations in the order that they are listed in the Animation Pane.

Note that these are just some of the customization options available in the Animation Pane. There may be additional options depending on the version of the software you are using and the specific animation you have selected.

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Answer:B, C, D, E

Explanation:

right on edge22

true or false? common uses for active lists include sending unique marketing emails based on each contact's behavior and properties. true false

Answers

Sending customized marketing emails based on the traits and behaviors of each contact is a typical usage for active lists.

which are contained in the active lists? Active lists. Placing outbound calls to contacts based on behavior and property values. sending customized marketing emails depending on each contact's behavior and characteristics.Organize your contacts according to their lifecycle stages to regularly track their behavior and characteristics. You may construct a list of contacts or businesses using HubSpot's lists tool based on factors like property values and other criteria, such as actions.This article contains instructions for using the lists tool to create and edit lists.Learn how to choose criteria or manually add records to static lists to set up your list criteria and update existing lists.Your HubSpot account contains two different kinds of lists: active lists and static lists.Based on its criteria, active lists update their members automatically.Records will be added to the list when they meet the requirements, and removed from the list when the requirements are no longer met.

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The hands-off view of the classical school rests on which of the following two simple propositions about markets? a. Demand creates its own supply and markets are basically competitive. b. Industrial policy is inevitable and all prices are flexible. c. Market failure occurs and prices are rigid. d. Wages are sticky downward and market failure is inevitable. e. Markets are basically competitive and prices are flexible.

Answers

The hands-off view of the classical school rests on Markets are basically competitive and prices are flexible.

Hence, option E is correct.

How does this occur?

A lClassical economic theory was created not long after western capitalism first emerged. It alludes to the predominant school of economic theory in the eighteenth and nineteenth century. Classical economic theory aided nations in their transition from monarchical to self-regulatory capitalistic democracies.

All marketing efforts that are conducted the conventional method, away from the internet, are referred to as traditional marketing (or classical marketing). It makes use of conventional media, particularly broadcasting, including television, radio, print newspapers and magazines, telephony, and billboards for outdoor advertising.

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In some industries, not showing up for work
simply means certain tasks aren't completed,
but in a professional food service environment,
not showing up for work can mean the
difference between a working kitchen and
what kind of kitchen?
(1 point)

Answers

Not showing up for work in a professional food service environment can mean the difference between a functioning kitchen and a kitchen that is in chaos.

What do you mean by Professionalism?

Professionalism is the conduct, behavior, and attitude of a professional. It encompasses the standards of personal and business ethics, dress code, communication, and work ethic that an individual presents in the workplace. Professionalism also includes the ability to adapt to different situations, provide quality customer service, and maintain a positive attitude.

Not showing up for work cause delays in preparation, long wait times for customers, and a general decrease in quality as well as quantity. It can lead to employee frustration and customer dissatisfaction. Furthermore, if there is a lack of staff, the remaining staff may become overwhelmed, leading to potential safety hazards and risks.

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Answer:

a. one that cannot function

Explanation:

metlock corporation has 163,000 shares of $20 par value common stock outstanding when it announces a 4-for- 1 stock split. before the split, the stock had a marketprice of $140 per share. after the split, how many shares of stock will be outstanding? what will be the approximate market price per share? number of shares shares market price

Answers

Common Stock Outstanding Shares is 60,000 shares and Market Price Per share is $60

Every shareholder will get an additional share of common stock on each share under a 2-for-1 stock split.

We are given that,

Number of shares=163000 shares

Market price per share=$140

Thus we have to find the value of Common Stock Outstanding and Market Price per share , After splitting of Common Stock Outstanding the shares will be ,

Shares=163000 shares × 2

Common Stock Outstanding Shares=326,000 shares

The share price will be split in half as a result of the split and market price per shares will be,

Market Price per share=$140/2

Market Price Per share= $70

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describe the options that you have if the goods that you receive as a buyer are nonconforming to the goods described within a written sales contract?

Answers

Nonconforming goods are delivered that don't satisfy the specifications (quantities and qualities) of the requested goods defined in a purchase contract.

What are the remedies available to a buyer?

1. Lawsuit for Damages for Non-Delivery - If the seller wilfully fails or declines to deliver the products to the buyer, the buyer may bring a lawsuit for damages for non-delivery. Additionally, in the event of non-delivery, the buyer has the right to get their money back, if they have already paid the price.

2. Lawsuit for price - In the event that the buyer has already paid the price but the items are not delivered to him, he may sue to reclaim the money.

3. Suit for specific performance - When the goods are specified or determinable, the buyer may bring legal action against the seller to require him to fulfil the same goods as agreed upon under the terms of the contract. Only in cases where the products are specific or known, does the court issue orders for specific performance and damages.

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what refers to the selection and promotion of government employees on the basis of examinations and qualifications?

Answers

The Pendleton Act provided that federal government jobs be awarded on the basis of merit and that government employees be selected through competitive exams.

What inspired the Pendleton Act's creation?

On January 16, 1883, the Pendleton Civil Service Act was ratified by President Chester A. Arthur. (1) The legislation was designed to protect everyone's freedom to apply for federal positions without receiving any preference based on their political beliefs, race, religion, or country of origin.

What did President Pendleton's Act entail?

In his capacity as president, he surprised his detractors and angered many of his allies in the Stalwart faction of the Republican Party by endorsing the Pendleton Civil Service Act (1883), which allowed for the open appointment and promotion of federal employees based on merit rather than favoritism.

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in december 1994, a man in ohio decided to deposit all of the 8 million pennies he had been saving for nearly 65 years. (his deposit weighed over 48,000 pounds!) with a reserve requirement of 13 percent, how did his deposit change the lending capacity of

Answers

His bank's loan capacity changed by $76,000, and the entire banking system's lending capacity changed by $1,600,000.

How does a lender assess your ability?

Capacity. Lenders need to know if you can afford your payments comfortably. Your ability to repay outstanding debt is likely to be best predicted by your income and employment history. Considerations may include income type, level, and stability.

What are the different kinds of lending?

Personal (or "consumer") lending and commercial lending are the two main categories into which lending can be generally divided. Although they are handled differently, several loan kinds are accessible for both personal and commercial financing.

Briefing:

His bank's adjusted lending capability is calculated as follows: (1 - reserve requirement) times the amount deposited in dollars

(1 - 0.05) x (8 million pence x 0.01)

0.95 x 80,000 = $76,000

Supply and aggregate in dollars / bank reserves equals a change with in financial system in order to lend money.

80,000 / 0.05 = $1,600,000

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stearns production company has budgeted 150 hours for each of three music videos they are producing and 16,000 hours for a movie they are producing in the month of august. they pay their employees an average of $26 per hour. how much do they need to budget for direct labor costs?

Answers

They need to budget for direct labor costs is $427,700

16,000 hours for a movie + (150 hours × 3 music videos) = 16,450 direct labor hours. This will cost the company a total of 16,450 × $26 = $427,700.

Direct labour cost means the wages given to the workers who are directly involved in manufacturing of the garments and the cost that may be traced according to garment.

Direct labor is production or services labor this is assigned to a specific product, fee center, or paintings order. whilst a business manufactures products, direct labor is considered to be the exertions of the manufacturing team that produces goods, inclusive of gadget operators, meeting line operators, painters, and so on.

Direct hard work includes the fee of regular working hours, as well as the overtime hours worked. it's also related payroll taxes and expenses such as social safety, Medicare, unemployment tax, and worker's employment insurance.

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which type of ad can cigarette companies legally run? group of answer choices magazine ad placard in a baseball stadium tv ad roadside billboard

Answers

Cigarette manufacturers are permitted to lawfully run magazine ads. The legal system consists of institutions, procedures, and norms that govern both public and private initiatives.

What does the term "legal difficulties" mean?

An "issue" is a disagreement between the parties to a lawsuit in legal parlance. A set of securities offered for sale or a person's lineal descendants are both examples of legal issues.

What, if any, legal significance?

a way of indicating that there may be no instances or examples of the core notion in inquiries or statements. The usage of the phrase in the sample sentence below demonstrates that the author is aware that there could not even be any reporting requirements.

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which of the following statements is not correct? group of answer choices the amount of social security tax withheld depends on an employee's gross earnings, marital status, and number of withholding allowances. federal law requires that social security, medicare, and federal income taxes be deducted from the gross pay of most employees. medicare taxes are levied in an equal amount on both employers and employees. once an employee's year-to-date wages reach a certain amount prescribed by law, social security tax is no longer withheld.

Answers

The gross income, marital status, and number of withholding allowances of an employee all affect the amount of social security tax withheld.

How Can I Get Rid of Social Security Taxes?

You might be required to pay taxes on your Social Security income if you are still working in retirement. You could be required to pay up to 50% in taxes on your Social Security benefits if your annual income as a person is between $25,000 and $34,000. You could be required to pay up to 85% of your income if it exceeds $34,000. You can reduce your income, transfer income-producing assets to an IRA, take fewer withdrawals from retirement plans, and contribute your required minimum distribution to reduce your tax.

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people in singapore and switzerland are inclined toward long-term planning. according to the globe project, such societies score high on future orientation. true false

Answers

It is true that people in Singapore and Switzerland are inclined toward long-term planning and according to the globe project, such societies score high on future orientation.

The GLOBE project is a world scientific research aimed toward making, testing, and corroboratory theories retailed to the connection between culture and social group, structure, and leadership effectiveness.project provides managers with an extra lens through that they will higher perceive a way to perform well in a world surroundings.

In scientific discipline and connected fields, future orientation is broadly speaking outlined because the extent to that a private cares the long run, anticipates future consequences, and plans ahead before acting. Being a future-oriented person permits you to arrange ahead.

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when a sport marketing and event management agency limits either the scope of services performed or the type of clients serviced, it is known as

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when a sport marketing and event management agency limits either the scope of services performed or the type of clients serviced, it is known as a specialized agency.

What is Marketing?The goal of marketing is to pique the attention of potential customers or clients in your goods and services. Process is the definition's core word. Marketing entails distributing, selling, and researching your goods or services.This field of study focuses on the analysis of market and consumer behaviour as well as how businesses manage their commercial operations to recruit and keep customers by meeting their needs and wants and fostering brand loyalty.When asked to define marketing, people frequently give vague definitions such as selling or advertising. These responses are not incorrect, but they are merely a component of marketing.

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typically result(s) in the acquiring firm being able to prevent valuable human resources in the acquired firm from leaving. a. financial slack b. private synergy c. high compensation d. friendly acquisitions

Answers

Friendly Acquisition is typically result in the acquiring firm being able to prevent valuable human resources in the acquired firm from leaving.

Option D is correct.

What is good Acquisition ?

Good acquisitions share value creation on both the buy side and the sell side. Added value can be measured through organizational and cultural change. For example, a hardware company buys a startup and equips its business with a new software lens.

What is an acquisition strategy?

The Acquisition Strategy identifies the acquisition approach and key assumptions and the business, technical, product support, security, and supportability strategies that the PM will employ to manage program risks and achieve program objectives.  A comprehensive and integrated plan that describes the strategy.

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the ordinary rules of agency normally do not apply to the employment of corporate officers. true false

Answers

The given statement ''the ordinary rules of agency normally do not apply to the employment of corporate officers'' is false.

Explain the law of agency ?A person, known as the agent, who is permitted to act on behalf of another (known as the principal) to establish legal contacts with a third party is dealt with under a set of contractual, quasi-contractual, and non-contractual fiduciary relationships under the law of agency. In a nutshell, it may be described as the equal connection between a principle and an agent in which the principal, either explicitly or tacitly, gives the agent permission to act on their behalf and under their supervision. Thus, the agent must engage in negotiations on behalf of the principle or establish contractual relationships between the principal and third parties.The ordinary rules of agency normally apply to the employment of corporate officers.

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if the nominal interest rate is 10% and the inflation rate is expected to be about 4%, what is the approximate real interest rate?

Answers

If the real interest rate is yearly, then 10% and the anticipated rate of inflation is 4%,The nominal interest rate would be about.14% (10% + 4% = 14%).

What do you mean by interest?

Your interests are indeed the things that you like to do and the things that you prefer to learn about. of curiosity. When something is interesting, it keeps your interest and piques your curiosity: There was not much of interest discussed.

What is an example of simple interest?

Simple Interest (Innovative capabilities) is a way for figuring out how much interest will accrue on a specific principal sum of money at a certain rate of interest. For instance, if someone borrows Rs. 5000 at the a rate of Ten p.a. for 2 years, they will pay S.I. on the money borrowed for those two years.

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after receiving the results of a self-assessment, you learn that you have a very low risk tolerance. with this knowledge, which business approach would be the least stressful for you?

Answers

Buy an existing business that is already successful would be the least stressful and also the best approach.

Buying an existing business is exactly what it sounds like.Usually, the buyer assumes total control of the company. The biggest benefit is having a pre-existing plan that might contain crucial elements like a clientele that is established, specified operational costs, and fully trained staff. Almost every form of business may be acquired or sold, regardless of the industry.

Usually, when you acquire an existing company, you have total control over its course. However, without a clear goal, support systems, or outside counsel, your company may struggle as you find out how to manage things.

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what are two examples of economic forces within a company's general environment? multiple select question. marijuana legalization the unemployment rate bank interest rates hurricane katrina

Answers

The correct option is B and C. The two examples of economic forces within a company's general environment of The unemployment rate and bank interest rates.

financial forces are factors that include monetary and monetary policies, hobby charges, employment, inflation fee, demographic adjustments, political changes, electricity, security, and natural disasters. All of these have a right-away effect on how corporations produce and distribute their services or products.

Those elements decide a business enterprise’s volume of calls for its product and affect its advertising techniques and activities. The monetary device is made of 3 fundamental steps. the primary one being manufacturing and then there's a distribution of the produced items and then the closing step is the consumption of the identical. Now all that is viable because of two factors- Human useful resources and herbal resources.

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on january 1, 2022, monty corp. had retained earnings of $499,000. during the year, monty had the following selected transactions. 1. declared cash dividends $122,000. 2. earned net income $349,000. 3. declared stock dividends $58,000. determine the retained earnings balance at the end of the year.

Answers

The presented statement indicates that the retained profits balance was $678,000 at the conclusion of the fiscal year.

What do transactions go by?

An executed contract in between a seller and a buyer to trade products, services, or bank deposits in exchange for money is known as a transaction. The phrase is also frequently used in business accounting.

Briefing:

The following is the statement of retained earnings for the year ending December 31, 2022 for Novak Corp.:

Retained Earnings Balance, January 1 = $499,000

Net Income = $349,000

Total amount in ended December 31, 2022 = $499,000 + $349,000

                                                                         = $848,000  

Less:

Cash Dividends: $112,000  

Stock Dividends: $58,000

The total less = $112,000 + $58,000 = $170,000

Retained Earnings Balance, December 31 = $848,000 + $170,000

                                                                      = $678,000

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u.s. corporation wright air conditions borrows funds to build a factory in the u.s. and a factory in mexico. borrowing for factories in which location(s) is included in the u.s. demand for loanable funds?

Answers

Location(s) is included in the U.S. demand for loanable funds.

What is fund?

Funds are pools of capital that are managed by financial professionals in order to achieve investment goals. Funds can be invested in different asset classes such as stocks, bonds, commodities and money market instruments. Funds are typically used by investors to diversify their portfolio, reduce their risk and increase their potential return on investment. Funds typically have a minimum investment amount and may charge fees for administration and/or management. Funds may also be tax-advantaged, providing investors with tax benefits for investing in them. Funds are a popular investment choice for many investors, as they provide professional management and diversification with a relatively low cost and low minimum investment amount.

The U.S. demand for loanable funds includes borrowing for factories in both the U.S. and Mexico. When a U.S. corporation borrows funds to build a factory in both countries, the U.S. demand for loanable funds increases as more money is borrowed. As the corporation borrows funds in both countries, the U.S. demand for loanable funds increases due to the need for additional funds to build the factories in both countries. As the U.S. demand for loanable funds increases, loanable funds become more expensive as lenders increase the interest rates to cover the increased demand for funds.

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what is the impact on economic capital of a 25 basis point decrease in interest rates if the fi is holding a 20-year, fixed-rate, 11 percent annual coupon bond selling at a par value of $100,000?

Answers

Positive $2,024 shows that bond value increased by $2,024 due to decrease in interest rates by 25  basis point  as impact on economic capital.

What is interest rate?

The interest rate formula aids in determining the loan repayment amount as well as the interest on investments made in fixed deposits, mutual funds, etc. Calculating the interest on credit cards is made easier by using the interest rate formula.

Decrease of 25 basis point decrease in interest rates  ,means 0.25% decrease in YTM yield to maturity or market interest rates , 100 basis points means 1% .

By calculating bond value at a lower YTM or market interest rate and contrasting new bond value with existing bond value, the impact on economic capital will be determined.

Since the bond in the example was sold for par value, the yearly coupon rate, which was previously 11%, has now been cut by 0.25% to 11%-0.25%, or 10.75%, but since the coupon has not changed in our case, it will still be 11%.

Annual coupon = Face value of bond x Coupon Rate = 100,000 x 11% = $11,000

YTM is 10.75% p.a  (annual)  reduced YTM or interest rate

n= no. of coupon = No. Of years left = 20

bond price = $11000 x  8.09529899 + 100000 x 0.12975535

           = $102,024

Impact on economic capital  = New Bond value - old Bond value

= $102,024 - $100,000    

= $2,024

positive $2,024 shows that bond value increased by $2,024 due to decrease in interest rates by 25  basis point  as impact on economic capital.

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a corporation issued 120 shares of its $5 par value common stock in payment of a $2,000 charge from its accountant for assistance in filing its charter with the state. the entry to record this transaction will include:

Answers

For assistance in submitting its charter to the state through an accountant. This transaction's entry will be included in the journal entry again for transactions.

What are journal entries?

Maintaining as well as recording non-economic or economic transactions is known as journal entry. Accounting journals that display the company's credit and debit balances are used to record transactions. Multiple entries, apiece representing a debit or credit, can be included in a journal entry.

What is journal entry  format?

A journal entry format is a standard format used in bookkeeping to record all business transactions of a company and is primarily based on the double-entry bookkeeping system of accounting to ensure that debits and credits are always the same .

Entries for transaction:

The journal entry for the transaction

Common stock- par value (cr) 120 × 5=600

Excess of par value paid in capital (cr) 1400

Legal expense (db) 2000

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when one firm responds to a rival's cheating by cheating and to a rival's cooperation by cooperating, that firm is practicing a:

Answers

When is the case here, as more businesses enter an oligopolistic market, collaboration becomes more difficult as revenues. The correct response is D.why firms will not cooperate if they behave strategically.

Decline and businesses begin to act more egotistically. Companies will always be looking to cheat in order to make this profit, so in this scenario the cheating firm has an incentive to do so because the profit is so much bigger than sharing. The other businesses would respond by raising prices.

And they would all suffer the prisoner's dilemma is cited or recognised as a game theory example that tends to show why it can be challenging to organise and keep collaboration, even though it could be extremely beneficial to both parties.

Complete question:

when one firm responds to a rival's cheating by cheating and to a rival's cooperation by cooperating, that firm is practicing a

A. why firms have an incentive to cheat on agreements.

B. how oligopolists engage in implicit collusion under strategic situations.

C. how cooperation in strategic situations leads to the economically efficient market outcome.

D. why firms will not cooperate if they behave strategically.

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fox autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, fox's executives have decided to diversify the company's range of products so that at least 35 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should fox pursue?

Answers

Concentric diversification tries to market new items in industries that the company already operates in and that are connected. The objective is the same, but the format is different.

The hamburgers that include toys in their packets serve as an illustration of this. It is a product unrelated to food, but it also more successfully draws a certain demographic of customers. In this instance, the clients are young people. The business that adopts a vertical diversification strategy.

Bets on the development of goods that it previously purchased on the market. It happens, for instance, when a commercial distribution company decides to expand into manufacturing. You can discuss backward integration when retailer integrates with the manufacturer or forward integration, depending.

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your broker requires an initial margin of $4,000 per futures contract on soybeans and a maintenance margin of $3,000 per contract. soybean futures contracts are based on 5,000 bushels and quoted in cents per bushel. yesterday, you bought six soybean futures contracts at the closing settlement price of 1380. today, the settlement quote is 1335. all margin calls restore margin levels to their initial margin level. will you receive a margin call and, if so, for what amount?

Answers

Yes, you will receive a margin call and the amount call is $13,500.

What is margin call?

Margin is the security that a financial instrument holder must deposit with a counterparty (often their broker or an exchange) to cover all or part of the credit risk the holder poses for the counterparty. The following actions by the holder could put them at risk:

borrowed money from the counterparty to buy securities,

borrowed financial products to be short sold,

a derivative contract was entered into.

A margin account's collateral, which represents the funds available to the account holder for additional share trading, can be either the money deposited in the account or the securities offered. Prior to becoming known as margins, performance bonds were the term used on American futures exchanges. The majority of today's exchanges are in SPAN.

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on january 1, 2020, doone corporation acquired 70 percent of the outstanding voting stock of rockne company for $462,000 consideration. at the acquisition date, the fair value of the 30 percent noncontrolling interest was $198,000, and rockne's assets and liabilities had a collective net fair value of $660,000. doone uses the equity method in its internal records to account for its investment in rockne. rockne reports net income of $220,000 in 2021. since being acquired, rockne has regularly supplied inventory to doone at 25 percent more than cost. sales to doone amounted to $280,000 in 2020 and $380,000 in 2021. approximately 40 percent of the inventory purchased during any one year is not used until the following year. what is the noncontrolling interest's share of rockne's 2021 income? prepare doone's 2021 consolidation entries required by the intra-entity inventory transfers.

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The noncontrolling interest's share of Rockne's 2021 income would be $66,000 ($220,000 x 30%).

Doone's 2021 consolidation entries required by the intra-entity inventory transfers would be: Debit Inventory $91,000

Credit Rockne Inventory $91,000

Debit Rockne Inventory $91,000

Credit Investment in Rockne $91,000

Since, intra-entity transactions produce more profits for consolidated financial accounts, intra-entity transactions between parent and subsidiary happen a lot. When compared to transactions with other entities, intra-entity transactions are generally less expensive.

An internal inventory transfer known as an intra-entity transfer results in no net change to the financial position of the business combination as a whole.

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One consideration in choosing a marketing channel is profitability, which is determined by the margins earned for each channel member and for the channel as a whole. Based on this information, which of the following statements would be most accurate?- The more responsibilities a channel member takes in terms of distribution, advertising, and selling expenses, the greater the potential for manufacturer profitability.- The more responsibilities the manufacturer assumes relative to its channel members, the greater the potential for profitability.- The extent to which channel members share costs determines the margins received by each member and by the channel as a whole.- While channel members can increase profitability by taking on distribution and selling expenses, advertising expenses should always remain with the manufacturer if a firm is looking for the greatest profitability.- Profitability is not related to the length or nature of the distribution chain but determined by the manufacturer.

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Option (c), The margins that each channel member and the channel as a whole obtain depend on how much they share costs.

How much money does the channel of distribution make?

The channel margin is, to put it simply, the difference between what the client pays and what the supplier must pay at that particular point in the distribution channel. Channel margins can be computed as a percentage of the selling price or as a per-unit sum.

What four types of distribution are used in supply chain management?

There are four main distribution channels that a business can choose from when deciding how to advertise its products most effectively. Direct sales, wholesale, brokerage, and dual distribution are some of the options. Choose your distribution partners for your supply chain carefully to follow best practices.

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pertains to performance and the quality and quantity of task outputs as defined by team goals. a. commitment b. norm c. productive output d. capacity to adapt e. satisfaction

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Productive output pertains to performance and the quality and quantity of task outputs as defined by team goals. option c

What is meant by productive output?

The number of units actually produced by a single facility or operation over the course of a single continuous 12-month period is referred to as productive output.

Productivity is the amount of output that can be generated from a given set of inputs. When more output is generated using the same number of inputs or when the same amount of output is produced using fewer inputs, productivity increases. There are two productivity ideas that are frequently employed.

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