To List the INVOICE_NUM, CUST_ID, FIRST_NAME, LAST_NAME, INVOICE_DATE, and the promotion date for each invoice as PROMOTION_DATE, check the code given below.
What is invoice?A time-stamped commercial document known as an invoice itemizes and documents a transaction between a buyer and a seller. The invoice typically outlines the terms of the agreement and lists the methods of payment that are acceptable if goods or services were purchased on credit.
A paper receipt, a bill of sale, a debit note, a sales invoice, or an electronic record stored online are all examples of invoices.
A bill must clearly identify itself as an invoice on the front. It typically has an invoice number, a special code that serves as both an internal and external reference. The seller or service provider's contact information is typically included on an invoice in case there is a billing error.
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The most accurate way to assess training effectiveness is to conduct pretests and posttest and then train all the employees, true or false?
True, Conducting pretests and posttests before teaching all of the staff is the most precise technique to gauge the effectiveness of the training.
How would you define effectiveness?Productivity is the capability to attain the obvious result or result. The quality of usefulness is the ability to achieve the desired goal projected result or leave a significant, long-lasting impression.
What does business effectiveness mean?Being effective requires focused upon that "right" things that help business goals and give economic value.. Few teams today are successful in linking their present job to more general organizational goals the most precise technique to gauge the effectiveness of the training.
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• Vitamins B and C are found in two different foods F1 and F2. One unit of food F1 contains 2 units of B and 3 units of vitamin C. one unit of food F2 contains 4 units of B and 2 units of vitamin C. one unit of food F1 and F2 costs $3 and $2.5 respectively. • The minimum daily requirement (for a person) of vitamin B and C is 40 and 50 units respectively. Assuming that anything in excess of daily minimum requirement of vitamin B and C is not harmful. ● Find out the optional mixture of food F1 and F2at the minimum cost which meets the daily minimum requirement of vitamins B and C. Formulate this as a linear programing problem.
Using linear programming, the optional mixture at minimum cost is x,y ≥ 0
What is Optional Mixture at Minimum CostOptional mixture at minimum cost is a process of combining a variety of materials, such as concrete, sand, gravel, and other aggregates, in order to create a mixture that is more cost-effective than buying the individual components separately. This type of mixture can be used in construction projects, road paving, and landscaping projects in order to save money.
Solving this mathematically with linear programming;
Let x be the number of units of food F1 and y be the number of units of food F2.
Minimize cost: z = 3x+2.5y
Subject to:
2x + 4y ≥ 40 (minimum requirement of vitamin B)
3x + 2y ≥ 50 (minimum requirement of vitamin C)
x,y ≥ 0 (non-negative constraint)
The linear programing problem is:
Minimize z = 3x+2.5y
Subject to:
2x + 4y ≥ 40
3x + 2y ≥ 50
x,y ≥ 0
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the shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
The balance sheets display a company's assets, liabilities, and owner's equity at a particular time.
what is a balance sheet?A balance sheet is a financial statement that lists the assets, liabilities, and shareholder equity of a corporation at a certain point in time. Balance sheets serve as the foundation for calculating investor return rates and assessing a company's financial structure.
The balance sheet, or statement of financial position, is a summary of the assets and liabilities of a corporation as well as the amount of shareholder investment. To do fundamental analysis or determine financial ratios, balance sheets can be utilized alongside other significant financial accounts.
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Your question is incomplete, probably the complete question is-
The _____ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time.
Answer:
balance sheet
Explanation:
c. as the number of non-correlated stocks increase in a portfolio, overall variance will likely decrease
The aforementioned assertion is accurate; as a portfolio's non-correlated stock holdings grow, its total variance will probably decrease.
What transpires if a portfolio's stock count rises?The projected systematic risk should stay a constant as more stocks are added to the portfolio, bringing the aggregate risks closer to it.Given that the variance (or standard deviation) of the portfolio represents the x-axis of the efficient frontier, modern portfolio theory suggests that portfolio variance can be decreased by selecting asset classes with a low or negative correlation, such as stocks and bonds.If the characteristic of the sample has little variance, the correlation coefficient will be smaller. An illustration of this pattern is the relationship between IQ and academic success. Only including kids with comparable academic performance reduces the correlation.The complete question is,
Genuine or fake. A portfolio's total variance will probably decrease as the proportion of non-correlated equities grows.
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a researcher studying small town religiosity in the united states randomly selected 10 states. from these states, he randomly selected one tenth of all counties. from these counties, he randomly selected one tenth of cities with populations smaller than 10,000. from these towns, he obtained lists of all houses of worship and randomly selected three. from these, he selected ten practitioners to be interviewed. in this example, states and counties are examples of _____.
In this example, states and counties are examples of CLUSTERS.
WHAT IS CLUSTER SAMPLING?Researchers divide a population into clusters, or discrete groupings, during cluster sampling. To create a sample, they then randomly choose individuals from these clusters.
Large populations, especially those that are widely geographically distributed, are frequently studied using cluster sampling, a probability sampling technique. The pre-existing units that researchers typically utilize as their clusters are cities or schools.
The benefits of cluster sampling:
1.It is the most cost- and time-effective probability design for broad geographic areas.
2.From a practical standpoint, this strategy is simple to apply.
3.Due to the improved accessibility of prospective sample group members, a larger sample size can be utilized.
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which of the following is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back? a stock option greenmail self-dealing on-the-job consumption risk capital
The statement that is a source of gaining wealth whereby corporate raiders either push companies to change their corporate strategy to one that will benefit stockholders, or charge a premium for stock when the company wants to buy it back is: B. Greenmail.
What is Greenmail?Greenmail can be defined as the way of buying more shares or additional shares from a company so as to make it look like another company what to takeover which inturn will enables the company to rebuy or repurchase the same shares as a premium because of the fear of been taking over.
Some investors tend to engage in this act buy trying to threaten a company with what is called hostile takeover.
Greenmail is a source of generating wealth based on the fact that corporate raiders will tend to push companies to change their corporate techniques to the one that will be of benefit to stockholders.
Therefore we can conclude that the correct option is B.
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g by how much will don's agi increase due to his partnership activities? assume he has no other capital gains or losses. note: qbi is deducted after agi and before taxable income.
A tax break known as the qualified business income deduction (QBI) enables qualified small-business owners and self-employed individuals to deduct up to 20% of their qualifying business income from their taxable income.
How is Qbi determined for a partnership?
50% of the company's W-2 wages OR the total of 2.5% of the unadjusted basis of all qualifying property + 25% of the company's W-2 wages. Whichever of these two wage tests results in a bigger deduction is your choice.
Qbid: How is it determined?25% of the W-2 wages paid by the trade or business plus 2.5% of the unadjusted basis of the qualified property used by the trade or business, or 50% of the W-2 wages paid by the trade or business to create the QBI, whichever is larger.
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12. if an asset-price bubble begins to form, assuming the central bank responds, how is it likely to respond, and what will be the effect on the mp curve? mishkin, frederic s. economics of money, banking and financial markets, the (what's new in economics) (p. 512). pearson education. kindle edition.
Raising interest rates is the appropriate response to developing equity or real estate price bubbles.
Although it is never popular, officials must do this if they are to fulfil their responsibility of stabilising the financial and economic system. The culprits behind some of the most disastrous recessions in history are asset price bubbles. Asset bubbles that were followed by severe economic downturns include the stock market bubble of the 1920s, the dot-com boom of the 1990s, and the real estate bubble of the 2000s.
When an asset bubble explodes, it can be extremely disastrous for people and firms who invested too late. Asset price bubbles are comparable to Ponzi or pyramid schemes in this way. When asset bubbles burst, investors' net worth is destroyed, and exposed enterprises fail, potentially igniting a chain reaction of debt deflation and financial panic that can spread to other areas of the economy and produce the recessionary phase of higher unemployment and decreased output.
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to format a range so that all values greater than $500 appear in red, which of the following can you use? T/F
"To format a range so that all values greater than $500 appear in red, you can use conditional formatting rule" is True Option A
What is conditional formatting rule?Generally, To format a range so that all values greater than $500 appear in red, you can use a conditional formatting rule. This is a feature in spreadsheet programs such as Micro/soft Excel and Go/ogle Sheets that allows you to apply formatting to cells based on the values in those cells or based on a formula.
To create a conditional formatting rule to highlight values greater than $500 in red, you can do the following:
Select the range of cells you want to apply the formatting to.
In the ribbon or menu bar, go to the "Home" or "Format" tab and click on the "Conditional Formatting" button.
In the conditional formatting options, select "Greater Than" or "Less Than" from the list of rules.
In the value or formula field, enter "500" or "$500".
Select the red fill or red text formatting that you want to apply to the cells that meet the condition.
Click "OK" or "Apply" to apply the formatting rule to the selected cells.
You can also use a formula in the conditional formatting rule to apply formatting based on more complex conditions. For example, you could use the formula "=A1>500" to apply the formatting to cells in column A where the value is greater than 500.
In summary, you can use a conditional formatting rule to format a range so that all values greater than $500 appear in red.
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Customers expect assistance from a knowledgeable staff and are not as concerned about price. EX: Williams-Sonoma. Drug stores.
Customers expect assistance from a knowledgeable staff and are not as concerned about price from specialty stores.
What are Specialty stores?
Specialty stores are retail stores that focus on selling a specific type of product or service. These stores often have a limited selection of products and offer more personalized customer service than larger chain stores. Examples of specialty stores include pet stores, hardware stores, and hobby stores.
Customers are often willing to pay a higher price for specialty stores because they know they will have access to a knowledgeable staff. Specialty stores often carry products with a higher level of complexity, making knowledgeable help essential. Customers understand that the staff at a specialty store are experts in the products they are selling and can provide invaluable assistance and advice when making a purchase. They appreciate the expertise that these stores provide and are willing to pay a higher price in exchange for it.
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Recognition of a recourse liability will make a loss on sale of receivables larger than it would otherwise have been. True
I Recourse Liabilities means any obligation, guaranty or indemnity by a Member under any loan to the Company or any Operating Company.
What is the recognition of liabilities?Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to repossess the pledged collateral if the borrower fails to meet the debt obligation. The lender's legal right to collect is referred to as recourse. Lenders benefit from recourse lending because they are guaranteed some repayment, whether in cash or liquid assets.
Companies that use recourse debt have a lower cost of capital because lending to that firm carries less underlying risk. Recourse Liabilities are the amounts owed by the Partnership that are not Nonrecourse Liabilities or Partner Nonrecourse Liabilities.
A recourse is a legal agreement that grants the lender the right to collect on the loan.
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an increase in the price of oil is also a signal to oil suppliers to invest more in exploration, to search for alternatives, and to increase recycling.
This assertion is accurate. A rise in oil prices also encourages oil producers to spend more on exploration, look for alternatives, and boost recycling.
What kind of inflation does an increase in oil prices bring about?Supply shocks that impede production, like natural disasters, or drive up production costs, like high oil prices, can limit overall supply and cause "cost-push" inflation, in which the cause of price increases is a disruption in supply.
The ecology benefits from high oil costs, right?One way or another, the negative impact of high gas, oil, and coal costs on consumers is positive for the environment since it reduces the demand for fossil fuels. On the other hand, because they promote supply, the effects of high prices on producers are harmful to the environment.
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Suppose the mark-up of goods prices over marginal cost is 8% and that the wage-setting equation is W = P(1 – 2u), where u is the unemployment rate.
(a) Based on the medium-run analysis of the labor market model in Chapter 7, what the natural rate of unemployment? Illustrate the equilibrium with a diagrammatical sketch showing the price-setting and wage-setting curves.
(b) Suppose the mark-up increases to m=10%? How will this affect the medium-run equilibrium? Indicate the new equilibrium in your diagrammatic sketch.
The rate of unemployment that is compatible with a constant inflation rate is simply defined as the natural rate of unemployment.
Explain about the natural rate of unemployment?The rate of unemployment that is consistent with a constant inflation rate is referred to as the "natural rate of unemployment." The rate of unemployment that would exist if cyclical swings didn't exist is consequently the natural rate.
Economic theory that holds that, over the long run, the market will decide a typical rate of employment, which the government can only raise by inducing a high rate of inflation.
The supply side of the economy, which includes production potential and economic institutions, largely determines the natural unemployment rate. Involuntary unemployment may be a part of the natural rate of unemployment if these institutional traits include persistent labor market mismatches or real pay rigidities.
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The reason thriving teams rely on awareness is not to outperform other teams or each other, but to become ________ each other.
credible to
competitive with
committed to
friendly with
indispensable to
The most important components of both individual and organizational thriving are Thriving Teams. Teams that are thriving produce important outcomes such as wellbeing, vitality,
performance, and learning and development. Thriving Teams need to adopt a holistic and systemic strategy rather than a silo-based approach to create an environment where all the results that matter can co-emerge and co-influence one another, eventually fostering the success of thriving individuals, teams, and organizations. The Thriving Teams InstituteTM offers evidence-based and doable strategies for building Thriving Teams. You can create teams that are "Always Ready" for the difficulties facing your team now and in the future with the help of our system-based, holistic, and design-based approaches.
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suppose nike and adidas are considering whether to develop new advertising campaigns. for each pair of strategies, the blue triangle at the top of each square shows nike's payoff and the yellow triangle at the bottom of each square shows adidas's payoff, in billions. use this information to complete the sentences.
The best outcome for Nike is to Advertise and for Adidas to not Advertise
If Adidas chooses not to advertise, their best result will happen if Nike chooses not to advertise. The Nash equilibrium for this advertising game is for Nike to choose to Advertise and for Adidas to not Advertise What does marketing in a firm entail?Marketing your company through advertising is one strategy to boost sales or enhance audience awareness of your goods or services. Your advertising may contribute to a customer's initial perceptions of your company before they interact with you and make a purchase.
Advertising is an effective technique that you may use to draw clients, educate them about your products, and gain their trust. The majority of businesses utilize some form of advertising to market their goods and services.
The benefit of advertising are:
Increased customer reachincrease consumer knowledge of your brand and company.promote the advantages of your goods and services.provide details about your company.Therefore, Nike will be better off without advertising as their sales are up based on the table but Adidas have to advertise if they want to bring their sales up.
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Fredo is an ethically challenged attorney. While he was in law school, he was investigated for allegedly cheating a few times, but managed to graduate because nothing was ever proven. After obtaining his law license, Fredo's practices continued to be ethically questionable. He often used tacles that challenged the limits of professional responsibility. One of Fredo's clients was an older gentleman, Vieta 96 year-old multi- millionaire real estate investor. Viet was dealing with legal issues involving a complicated divorce related to his extramarital relationship with a local real estate developer, Staria. Viet had been experiencing considerable physical and mental health challenges for the past four years, and he heavily relied on Fredo to manage his personal affairs and provide business advice Viet was deeply in love with Starla, but also passionately committed to ensuring the continued success of the family business on which his four children and eight grandchildren depended. Fredo told Viet that he could arrange matters so that Viet could happily live out his final years in the Caribbean with Start Butto for this to happen, Viet would have to pay a large legal fee to Fredo, and 2name Fredo as a major beneficiary in Viet's will; and (3) give Fredo power of attorney over all of Vier's assets, including his ownership shares in the business Viet agreed to Fredo's demands. He gave Fredo power of attorney and changed his will so that upon his death, Fredo would receive half of Viers estate. The other half went to Start Viet also paid the unusually large legal fee. At that point, Fredo agreed to proceed with negotiations in Vier's divorce. Shortly after the divorce, Viet had a severe heart attack and immediately died. QUESTION Which of the following is true regarding Fredo's dealing with Viet? o Fredo has unduly influenced Viet. o Fredo has committed fraudulent misrepresentation and caused Viet to experience duress o Fredo tres caused Viet to experience duress. o Fredo tios caused Viet to experience duress and unduly intuenced Viet o Fredo has not committed any wrongdoing, unless it can be proven that Viet locked mental capacity during his transactions with Fredo: In that case, Fredo nas caused Viet to experience duress.
Note that in the above case study, it is correct to state that ""Fredo has unduly influenced Viet and caused Viet to experience duress." Hence, his acts can be termed as highly unethical.
What is undue influence in law?A contract is said to be induced by "undue influence" when the parties' relations are such that one of the parties is in a position to dominate the will of the other and exploits that position to gain an unfair advantage over the other.
Undue influence is illegal. However, it is a hard issue with few convictions. However, excessive influence is a form of constructive fraud.
Thus, besides crossing the boundaries of professional limits, Fredo can be charged for fraud in the above case.
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A newly issued bond has a maturity of 10 years and pays a 7% coupon rate (with coupon payments coming once annually). The bond sells at par value. (i) What are the convexity and the duration of the bond? (ii) Find the actual price of the bond assuming that its yield to maturity immediately increase from 7% to 8% (with maturity still 10 years). (iii) What price would be predicted by the duration rule? What is the percentage error of that rule? (iv) What price would be predicted by the duration-with-convexity rule? What is the percentage error of that rule?
A recently issued bond has a 10 year maturity and a 7% coupon rate. Gain expected is equal to (12.30*0.01) plus (0.5*272.9*(0.012)), which equals 13.66%.
What traits distinguish a mature person?Age has no influence on maturity; maturity is decided by how you choose to act and respond to various life experiences.
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 9%=(1000/(1.09^13.05))=324.78
Price of 6% coupon bond 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond 9%=(60*((1-(1.09^-13.05))/0.09)+(1000/(1.09^13.05))=774.93
Zero coupon bond
Actual loss =(324.78 - 366.29)/366.29=11.33%
Predicted loss =((-12.08*0.01))+(0.5*157.20*(0.01^2))=11.29%
Price of 6% coupon bond
Actual loss =(774.93-841.57)/841.57=7.92%
Predicted loss = (-12.30*0.01)+(0.5*272.9*(0.01^2))=10.94%
Part B
Price of zero coupon bond at 8%=(1000/(1.08^13.05))=366.29
Price of zero coupon bond at 7%=(1000/(1.07^13.05))=413.56
Price of 6% coupon bond at 8%= (60*((1-(1.08^-13.05))/0.08)+(1000/(1.08^13.05))=841.57
Price of 6% coupon bond at 7%=(60*((1-(1.07^-13.05))/0.07)+(1000/(1.07^13.05))=916.22
Zero coupon bond
Actual gain =(413.56 - 366.29)/366.29=12.91%
Predicted gain =((12.08*0.01))+(0.5*157.20*(0.01^2))=12.87%
Price of 6% coupon bond
Actual gain =(916.22-841.57)/841.57=8.87%
Predicted gain = (12.30*0.01)+(0.5*272.9*(0.01^2))=13.66%
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Partners active in a partnership business should have their share of partnership profits based on the followinga. Percentage of net income after salaries are paid to inactive partnersb. A combination of salaries plus interest based on average capital balances.c. A combination of salaries and percentage of net income after salaries and any other allocation basis.d. Salaries only
Partners active in a partnership business should have their share of partnership profits based on the following: c. A combination of salaries and percentage of net income after salaries and any other allocation basis.
A partnership is an association where parties, referred to as enterprise companions, comply with cooperation to increase their mutual interests. The partners in a partnership can be people, groups, interest-based corporations, schools, governments, or combos.
A partnership is a relationship between or more people to do trade or business. everybody contributes money, property, labor, or talent, and shares the earnings and losses of the commercial enterprise. publication 541, Partnerships, has statistics on the way to shape a partnership.
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according to the video lectures, members of societies with individualistic values .
According to the video lectures, members of societies with individualistic values values personal goals and independence
What is meant by the individualistic values?Autonomy, freedom, self-actualization, assertiveness, and a sense of individuality are all examples of individualist values. Collectivism, which is said to be more prevalent in non-Western countries, is based on interpersonal interactions that foster social cohesion through the proper performance of roles, responsibilities, and obligations.
Individualistic values, on the other hand, prioritize the interests of the individual over the interests of members of the in-group and the outsiders; as a result, they place more value on an individual's independence, self-reliance, and self-realization than on the interests of the community, society, or country.
When you describe someone as individualistic, you're referring to their preference for thinking and acting independently of others rather than following in their footsteps. A culture can also be characterized as individualistic if it promotes such behavior. most creatives
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Dodge Distributors Inc. wants to forecast sales using the weighted moving average model. The sales data for the last four months are: May = 200, June = 180, July = 220, and August = 240. If the company uses three months’ sales values and weights of 0.1, 0.3, and 0.6, with the higher weight for most recent month, what is the forecast for September?
a. 200
b. 210
c. 213
d. 228
The forecast for September, given the weighted moving average model, and the three month sales values, is d. 228
How to find the forecast?When using the weighted moving average model, the forecast for September would be a weighted average of the sales values from the previous months, which in this case will be three.
The forecast for September would therefore be :
= (June sales x weight) + ( July sales x weight ) + ( August sales x weight )
= ( 180 x 0.1) + ( 220 x 0.3) + ( 240 x 0.6)
= 228 units
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Consider a mutual fund with $300 million in assets at the start of the year and 12 million shares outstanding. If the gross return on assets is 18% and the total expense ratio is 2% of the year-end value, then the rate of return on the fund is %.Please enter your answer with TWO decimal points.
The investment has a 16.00% return on investment.
The following formula can be used to determine the bond fund rate annual return:
Net return can be calculated as
(gross return - overall expense ratio) x (1 - overall expense ratio)
Net return = (18% - 2%) x (1 - 2%)
Net return = 16.00%
Thus, the fund has a 16.00% investment return.
A mutual fund is a business that collects money from many different sources and uses it to buy securities including stocks, bonds, as well as short-term loans. Every one of a mutual fund's holdings are referred to as its portfolio. Investors buy shares of mutual funds.
A rate of return is the net gain and loss of such an investment over a specified time period expressed as a proportion of the investment's initial cost (RoR).
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True or False: Upgrading, full-line selling, and cross-selling are sales strategies that work best with existing prospects.
True ,The finest sales techniques for existing clients are cross-selling, full-line selling, and true upgrading. Full-line selling is the practice of encouraging buyers to use a product's most recent or higher-quality iteration.
Describe the cross-selling approach.Cross-selling is the practice of persuading clients to buy a product that goes well with the items they are presently purchasing. For instance, you may sell them a keyboard to match with their new computer display if they buy one. A salesperson in a brick and mortar store has traditionally performed this task.
When would cross-selling be used?Cross-selling is a marketing and sales strategy employed throughout the consumer journey to encourage consumers to spend more by selecting an item that is complementary or connected to the current purchase. Increasing revenue per order through cross-selling is indeed a relatively low-lift strategy.
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If the number of skilled workers to frame houses in a particular city has declined in the last few months, that factor would
A) none of these.
B) more likely affect the demand for housing.
C) more likely affect the supply of housing.
D) not affect supply or demand.
If the number of skilled workers to frame houses in a particular city has declined in the last few months, that factor would more likely affect the supply of housing.
Does the lack of investment permanence affect a community's ability to develop?Yes, a lack of infrastructure that is designed for the future discourages investors from funding developments.
Which of the following influences real estate supply?Labor and material availability, governmental regulations, and community attitudes toward development are all factors that affect the supply of real estate. Interest rates, buyer demographics, and consumer financial health are among factors that affect demand.
What use does a property's location serve in preventing financing?Redlining is the practice of withholding a loan for housing in a particular neighborhood from a creditworthy applicant, even though the person may otherwise be qualified for the loan.
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1.A casual dining chain has experienced over 100 cases of food poisoning in several U.S. cities. The parent company of the chain immediately acknowledged the situation and relayed information about its ongoing investigation. The spokespeople stressed that "our primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a(n) __________ issue.
Multiple Choice
• an advertorial
• public relations
• event marketing
• network marketing
• indirect advertising
As the spokespeople stressed that "their primary concern is always the health and safety of our customers." At this point, the scenario would most likely be considered a public relations issue. The Option B is correct.
What is public relations in marketing?In marketing, public relations means set of techniques and strategies related to managing how information about an individual or company is disseminated to the public and most especially the media. The primary goals of public relations are to disseminate important company news or events, maintain a brand image and put a positive spin on negative events to minimize their fallout.
A company public relations may occur in the form of press release, news conference, interviews , social media posting etc. Every entity operating in the public eye faces spread of information about them or their practices to the public.
In conclusion, as public relations is an industry unto itself, any attempt to portray oneself in a certain way to others can be considered a form of public relations.
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the sales-volume variance is sometimes due to . question 15 options: unexpected increase in manufacturing labor time unexpected increase in the use of quantities of inputs of raw material quality problems leading to customer dissatisfaction the difference between selling price and budgeted selling price
The discrepancy between the conventional fixed cost per unit and the actual price per unit
Give an explanation of variable costs and an illustration.Variable costs are prices that change according to volume. Raw materials, piece-rate labor, production supplies, commission, delivery costs, packaging equipment, and credit card fees are examples of variable costs. The term "Cost of Goods Sold" is occasionally used in accounting statements to refer to variable manufacturing expenses.
What exactly are variable and fixed costs?Definition. When a corporation produces more or fewer things, its fixed costs remain constant. This is what is meant by the term "fixed cost." A cost that will vary according to changes in production levels is known to as a variable cost.
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Vertical Analysis of Income Statement
For 20Y2, Fielder Industries Inc. initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the
year, Leif Grando, the president, is presented with the following condensed comparative income statement:
3. PR.14-05B
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 20Y1
Sales $1,300,000 $1,180,000
Cost of goods sold 682,500 613,600
Gross profit $617,500 $566,400
Selling expenses $260,000 $188,800
Administrative expenses 169,000 177,000
Total operating expenses $429,000 $365,800
Income from operations $188,500 $200,600
Other income 78,000 70,800
Income before income tax $266,500 $271,400
Income tax expense 117,000 106,200
Net income $149,500 $165,200
Required:
1. Prepare a comparative income statement for the two-year period, presenting an analysis of each item in relationship to sales for each of the years. Round to
one decimal place. Enter all amounts as positive numbers.
Fielder Industries Inc.
Comparative Income Statement
For the Years Ended December 31, 20Y2 and 20Y1
20Y2 Amount 20Y2 Percent 20Y1 Amount 20Y1 Percent
Sales $1,300,000 % $1,180,000 %
Cost of goods sold 682,500 % 613,600 %
Gross profit $617,500 % $566,400 %
Selling expenses 260,000 % 188,800 %
Administrative expenses 169,000 % 177,000 %
Total operating expenses $429,000 % $365,800 %
Income from operations $188,500 % $200,600 %
Other income 78,000 % 70,800 %
Income before income tax $266,500 % $271,400 %
Income tax expense 117,000 % 106,200 %
Net income $149,500 % $165,200 %
2. The net income as a percent of sales has
. All the costs and expenses, other than selling expenses, have maintained their approximate cost as a percent of sales relationship between 20Y1 and 20Y2.
Selling expenses as a percent of sales, however, have . Apparently, the new advertising campaign been successful.
The increased expense produced sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales have
As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
Give a brief account on income statement.One of a firm's financial statements, an income statement displays the sales and expenses the company incurred within a specific time period. Managers and investors can determine whether a company made money during the reporting period by looking at the income statement.
Charitable organizations are not required to prepare an income statement but are instead required to disclose financial statements. Instead, they produce a comparable statement that contrasts funding sources with program costs, overhead costs, and other operating commitments. The declaration of actions is another name for this sentence. The donor constraints on the funds received and spend are used to further categorize revenues and expenses in the statement of activities.
To solve the question.
1. Comparative Income Statement and working note are attached below.
2. As a percentage of sales, net income has fallen. Other than selling charges, all costs and expenses between 20Y1 and 20Y2 remained roughly the same as a percentage of sales.
However, the percentage of selling expenses to sales has gone up. It appears that the new marketing initiative has been successful.
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The two most basic policies associated with employment stability are: *
1 poin
employment for life and guaranteed minimum wage.
full-time and part-time.
incentive plans and piece-rate plans.
follow demand exactly and hold employment constant.
job enrichment and job enlargement.
The two most basic policies associated with employment stability are follow demand exactly and hold employment constant. Option D is correct.
What is Employment Stability?Employment stability is the length of time an employee works at their current position without being let go. In order to encourage a sense of employment stability, companies must take action.
Five Strategies for Finding More Employment Stability:
Focus on what is effective. Learn to keep work and life separate.Join the journeys together.At the very least, fix the technical issues.Pay attention to the inner voice.However Companies may improve retention, attract top talent (word spreads when employees know that their employment is stable), and foster a productive workplace atmosphere by offering consistent, stable positions to workers.
Thus Option D is correct.
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refers to having other people help you by reading the draft and communicating with you about its strengths and weaknesses.
Evaluating is the process of getting assistance from others by having them read your manuscript and discuss its advantages and disadvantages with you.
What does assessing accomplish?A programmed, precise, intervention, or initiative's effectiveness in achieving its objectives can be studied scientifically by using evaluation. Evaluations help identify the aspects of a programme or effort that are successful and those that could be improved.
What is an illustration of evaluation?Review Sentence Samples He paused to inspect the gold-plated jeweler. In order to make rescue efforts easier, assess the run-out beneath the rapid. To employ in the driver, we first examine a variety of compression algorithms. I look for opportunities, he claimed.
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True or False: the most common approach to pay differentials is to move an employee lower in the pay structure to compensate for higher living costs
The most common approach to pay differentials is to move an employee lower in the pay structure to compensate for higher living costs. This statement is false.
Pay differentials are circumstances in which an employer is prepared to provide an employee greater compensation in order to persuade them to accept particular tasks.
Pay differentials are crucial because they might encourage workers to take on difficult-to-staff shifts like second or third shifts. Employees may be encouraged to embrace positions that require them to work in risky circumstances. Additionally, income differences may play a significant role in motivating workers to accept positions in regions with greater cost of living.
It is helpful to establish a solid baseline for each position utilizing the available employment and market data before developing pay differentials for geographic, hazard, or shift variances. It could be more difficult to implement pay differentials successfully if your organization hasn't recently conducted a thorough position-by-position market research.
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For a monopolistically competitive firm in long-run equilibrium:
a. price will equal marginal cost.
b. price will equal average total cost.
c. marginal revenue will exceed marginal cost.
d. economic profits will be some positive amount.
For a monopolistically competitive firm in the long-run equilibrium price will equal the average total cost. Thus, option 'B' is the correct option.
What happens to price in long run in monopolistic competition?In long-run equilibrium, a monopolistically competitive firm's pricing will be equal to its average total cost. A monopolistically competitive corporation never generates any economic profits in the long run. The price is equal to the average total cost when a producer is earning no economic profits, or P = ATC.
Businesses in monopolistic competition continue to produce at a level where marginal cost and marginal income are equal over the long term. But when more businesses enter the market, the demand curve will have moved to the left.
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