TRUE/FALSE.if a company is conducting a panel interview, a job candidate should establish eye contact with only the person who asked the question.

People's perception of outcome fairness depends on their judgment that the consequences of a decision to employees are just. option E is correct.

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Social Technology is the answer to this question.

Any technology that promotes social interactions and is supported by a communications capability, such as the Internet or a mobile device. Social software (e.g., wikis, blogs, social networks) and communication capabilities (e.g., Web conferencing) are examples of communication capabilities that are aimed at and enable social interactions. Social technology is a method of influencing social processes by utilising human, intellectual, and digital resources.

Social networking services can assist young people in developing their interests and connecting with others who share those interests.

They can help introduce young individuals to novel things and ideas while also deepening admiration for existing ones.

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B) A corporation is least likely to need to modify its marketing methods in response to decreased manufacturing costs.

Reduced manufacturing costs can have an impact on a firm's pricing strategy, although they normally do not necessitate significant modifications to the marketing plans of the company. On the other hand, changes in consumer preferences brought on by competition, aging products, and technological advancements can all have a big impact on a company's marketing tactics and necessitate adaptation in order to remain competitive in the market. The features of the stage in PLC include high costs, the need to generate demand, the need to encourage buyers to try the product, delayed sales volume starts, and the inability to generate revenue at this stage.

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The process of development includes the stage of product development.

The idea stage is typically the most important step in the process of developing new products because it is where the majority of product ideas are generated. Prioritizing ideas in this first step may occasionally be done using a SWOT analysis (strengths, weaknesses, opportunities, and threats).

The phases of the new product development process for small businesses are idea generation, idea screening, concept development, product development, and commercialization.

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Explanation:

Feedback is an essential component of the strategic management model. It is the process of providing information to individuals or organizations about their performance, behavior, or decisions, which can be used to improve their future actions. Feedback can come from various sources, such as customers, employees, shareholders, or other stakeholders, and can be used to evaluate the effectiveness of the strategy and make necessary adjustments.

Here are some reasons why feedback is important in the strategic management model:

In conclusion, feedback is a crucial component of the strategic management model. It helps in evaluating performance, identifying mistakes and opportunities, improving communication, and fostering innovation. Organizations that embrace feedback and use it to continuously improve their strategy are more likely to achieve their objectives and succeed in today's dynamic business environment.

The correct options for bank reconciliation are : NSF checks ,Notes collected by the bank ,Outstanding checks ,Deposits outstanding

The following items will require a journal entry following a bank reconciliation:

NSF (non-sufficient funds) checks: These checks were previously recorded as deposits, but were returned by the bank due to insufficient funds.

Notes collected by the bank: These are promissory notes or other types of loans that were previously recorded as outstanding, but have now been collected by the bank.

Outstanding checks: These are checks that were issued but have not yet cleared the bank.

Deposits outstanding: These are deposits that were made but have not yet been credited to the bank account.

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Full Question: Which of the following items will require a journal entry following a bank reconciliation? (Select all that apply.

The procedure that would most likely give the greatest assurance that securities held as investments are safeguarded is D. Access to securities requires the presence of two designated officials.

The company's responsibility is to protect and secure its investment and securities. Therefore, safeguarding the investment is a priority of the company. Securities held as investments require the use of control procedures to protect them. Such measures should not only protect investments from theft or loss but should also ensure that they are not subject to illegal transactions. Access to securities requires the presence of two designated officials. This procedure will ensure that no unauthorized person has access to the securities held as investments.

The procedure of having two designated officials should cover the holding area and the securities in the investment record. Thus, it will give the greatest assurance that securities held as investments are safeguarded. Access to securities held as investments should be protected by employing certain control procedures. These procedures include the requirement of two designated officials.

This ensures that no unauthorized person can access the securities held as investments. It also protects the securities from theft, fraud, or any other illegal transactions. Access to securities requires the presence of two designated officials, which is the procedure that would most likely give the greatest assurance that securities held as investments are safeguarded. Therefore the correct  option  is D.

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The following, with the exception of a customer's cash account, are the sources from which a broker-dealer may borrow shares when it completes a short sale inside its investment account.

In a cash account, the user must pay the entire price for any securities they wish to purchase. A cash account holder is prohibited from borrowing money from their broker-dealer to cover transactions made in the account. Cash books, or account balances where all money transactions are recorded, are another name for cash accounts, which are used in accounting.

Complete Question : All of the following, WITH THE EXCEPTION of a customer's cash account, may be used by a broker-dealer to borrow shares in the event that it completes a short sale in its investment account.

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Take into account the output and pricing (per unit) information provided below for a fictional economy in a recent year. Pizzas Cost Output $15 50 Million Computers $400 $1,000,000 Yachts for $10,000,000 The GDP of this country in 2000 was $12,050 billion.

Which of the following approaches to calculating GDP is not one? Three methods—the income method, the spending method, and the product approach—are used to determine national income.

GDP is a measure of all the products and services generated over the course of an economy. Hence, the response that is correct is the choice. B) imports b) imports b) imports b) imports.

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Answer:

To switch from a product to a customer orientation, companies must undertake structural changes that align with their new focus on customer management. Companies should invest in process harmonization, standardization, and formal IT-enabled workflows to make cross-functional and cross-unit coordination easier. Additionally, companies must adapt their organizational structure, goals, purpose, strategy, mission, and employee performance to align with the new customer orientation

Explanation:

Companies should consider the following structural changes:

Structural change: Companies must adapt their organizational structure to align with the new customer orientation. This includes changing the organization's hierarchy, chain of command, management systems, job structure, and administrative procedures.

Strategic change: Companies must make changes to the overall goals, purpose, strategy, or mission of the organization. This involves changing what products or services the company offers, the target customer segments or markets the company tries to reach, how the company distributes its products or services, its position in the global economy, and who it will partner with for manufacturers, distributors, and other logistical needs.

People changes: Companies must improve employee performance, skills, attitudes, behaviour, and loyalty to the organization, as well as enhance manager-subordinate relationships, group cohesion, and employee sense of achievement. This involves replacing all of the top-level managers in hopes of creating a new organizational culture, or small-scale changes such as working to change employee attitudes through things such as team building or other behavioral activities.

Process change: Companies must improve the overall workflow efficiency and productivity within an organization. This involves making changes to an organization's production operations, such as how it produces its products, how it delivers its services or how it handles everyday business practices.

The process is endothermic, meaning that heat is absorbed, and the temperature remains constant during the melting process. The correct answer is (D) AH > 0, AS > 0, AV > 0.

The process described is the melting of ice at its normal melting point of 273.16 K and 1 atmosphere. The enthalpy of fusion (AH) is the energy required to convert one mole of a substance from the solid state to the liquid state at a constant temperature and pressure.

The entropy of fusion (AS) is the change in entropy that occurs during this process, and the change in volume (AV) is the difference between the molar volumes of the solid and liquid phases. The positive value of AH indicates that energy is absorbed during the melting process, while the positive values of AS and AV indicate an increase in entropy and volume, respectively, which are expected during a phase change from solid to liquid.

Therefore, during the melting of ice at its normal melting point, the energy is absorbed, and the entropy and volume of the substance increase.

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Basically, the PERT simulation assumes a statistical distribution, range between pessimistic and optimistic for each duration. PERT or Program Evaluation and Review Technique are used to estimate the duration of activities needed to complete a project.

The Program Evaluation and Review Technique or PERT simulation was developed to help project managers estimate the duration of activities needed to complete a project. It was developed in the United States Navy for the Polaris missile project.

PERT uses the Beta Distribution Model, which is a probabilistic model of uncertainties, to estimate the duration of activities. In PERT, each activity has three time estimates: optimistic, pessimistic, and most likely.

The expected time, t, is calculated using the following formula: t = (optimistic + 4 × most likely + pessimistic) / 6.The variance, σ², is calculated using the following formula:σ² = [(pessimistic - optimistic) / 6]².

According to PERT, the duration of an activity can be estimated by using the formula: T = t + zσ.where T is the estimated duration of the activity, t is the expected time of the activity, σ is the standard deviation of the activity, and z is the standard score of the activity that corresponds to a given confidence level.

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Different economic strata have varying degrees of authority when it comes to who may enact and enforce rules in society, according to C. Wright Mills.

American sociologist C. Wright Mills is credited with creating the idea of the power elite. The power elite, in Mills' view, consists of a small number of individuals who control a disproportionate amount of social power. Leaders from the political, economic, and military spheres collaborate to reshape society in accordance with their goals.

Mills held that the power elite acted covertly, using their clout to sway public opinion, enact and uphold laws, and affect the direction of society. He maintained that different economic classes have varying degrees of influence on who may enact and uphold social laws.

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Some strawberry producers leave the market and start producing kiwi.

Price and the Supply Curve

Ceteris paribus, the receipt of a greater rate increases income and induces marketers to enlarge the volume they supply.

Economists say the law of demand demonstrates that ceteris paribus, more items have a tendency to be bought at lower prices. Or that, if demand for any given product exceeds the product's supply, ceteris paribus, expenses will in all likelihood rise. In this situation, the rate of an item is the only variable that must change.

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Building production capacity in locations outside of Europe can threaten intellectual property rights protection, an issue typically raised when investing in China.

Intellectual property rights protection refers to the legal rights granted to a creator or owner of a work or invention, which usually includes patents, trademarks, and copyright. Building production capacity in locations outside of Europe can threaten IPR protection, an issue typically raised when investing in China.

If a company builds production capacity outside of Europe, the company may face risks associated with intellectual property rights protection in the new country. This could include the risk that local companies may copy the company's inventions without permission, or that the company's trademarks and patents may not be enforceable in the new country.

In addition to intellectual property rights protection, European companies may also face other risks when building production capacity outside of Europe. These can include currency risks, legal risks, political risks, balance of trade issues, and cultural risks.

Currency risks include the risk that changes in exchange rates could cause a company to lose money. Legal risks include the risk that the company may be subject to different laws than in its home country. Political risks include the risk that a government may interfere with a company's business operations or limit access to certain markets.

Balance of trade issues include the risk that goods produced in the new country may take business away from goods produced in Europe. Finally, cultural risks include the risk that the company may not be able to properly adapt its goods or services to the local culture.

Overall, European companies building production capacity outside of Europe can face a range of risks, including those associated with intellectual property rights protection. Companies should consider these risks carefully and develop strategies to mitigate them in order to ensure a successful transition.

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Managers can attempt to enhance a company's stock price by increasing dividend payments to shareholders by at least $0.05 per share annually.

repurchasing shares of common stock, and making every effort to increase earnings per share on a yearly basis.

This plan focuses on increasing earnings per share, which can increase the company's appeal to investors, while also returning value to shareholders through dividend payments and share buybacks.

The other suggested solutions are ineffective means of increasing a company's stock price. For instance, maintaining the company's dividend payment ratio in the vicinity of 50% and repurchasing shares of common stock may be advantageous, but efforts to boost profitability or other elements that might support a higher stock price are not mentioned.

Investors are unlikely to view actions like increasing the dividend payout ratio to above 100% or slashing the dividend to zero while issuing additional shares of stock favorably because they suggest that the company may be having financial difficulties or may not be committed to returning value to shareholders.

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COMPLETE QUESTION -

Which of the following are effective ways to try to boost a company's stock price?

a) Strive to increase earnings per share, boost the company's dividend payout ratio to more than 100%, and increase the company's retained earnings.

b) Pay off all long-term debt as rapidly as possible, strive to achieve a credit rating of at least an A, and try to boost the company's image rating above 75.

c) Strive to achieve a ROE above 20%, quickly pay off all long-term debt, and keep the company's dividend payout ratio below 50%.

d) Strive to increase earnings per share each years, raise the company's dividend each year (ideally by at least $0.05 per share), and repurchase shares of common stock.

e) Increase the company's retained earnings each year, boost spending for corporate citizenship and social responsibility, and offer a wider variety of models/styles of branded footwear.

Buy ABC 45 Stop 50 Limit this is the appropriate order to be placed. If the market increases to $45 per share, this consumer wants to purchase the shares.

A buy-stop order is the only type of order that permits buying stock over the going rate. Because a purchase limit order is placed below the current market, it cannot be utilised. The order must therefore read: Purchase 100 ABC $45 Stop. There is a problem, though. The order is elected and turns into a market order to buy if the price of the stock rises to $45 or more. This customer doesn't want to spend more than $50 per share, however, the execution might take place at any price.

Hence, the order must read: Purchase 100 ABC at 45 Stop; 50 Limit. The order is elected and changes to a purchase order at the limit price of $50 if the market climbs to $45. (or lower). It will thus only be filled at a price of $50 or less per share.

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In the following question, among the given options, the statement is said to be True. Some governments initiate restrictive standards that detail exactly how a product must be sold in a country. Trade experts call these restrictions.

A restrictive standard is a regulation that restricts the use of, performance, or features of a product or service that deviates from a certain specification or standard, and that is intended to provide a specific degree of protection. Regulatory agencies, such as the International Standards Organization, frequently establish restrictive standards.

To limit the importation of foreign goods, some governments have implemented restrictive standards. A country's environmental laws,

for example, may mandate specific labeling for certain products or restrict the importation of products that do not meet specific environmental standards. Restrictive standards can also be used to promote local industries or to protect consumers by ensuring that products imported into the country meet specific safety or quality requirements.

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The multiple-step income statement for the Blue Door Corporation for the year ended December 31, 2017 is as follows: Net Sales of $2,470,000, Cost of Goods Sold of $1,620,000, Gross Profit of $850,000, Operating Expenses of $209,500, and Net Income of $640,500.

The multiple-step income statement for the Blue Door Corporation is presented below:

Net Sales: $70,000 + 2,400,000 = $2,470,000
Cost of Goods Sold: 535,000 + 1,085,000 = $1,620,000
Gross Profit: $2,470,000 - $1,620,000 = $850,000
Operating Expenses: Advertising Expense 67,000 + Salaries and Wages Expense 25,000 + Depreciation Expense 24,000 + Insurance Expense 8,500 + Interest Expense 15,000 + Income Tax Expense 70,000 = $209,500
Net Income: $850,000 - $209,500 = $640,500

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The right response is A- which favors desire over career management. The decline in the number of employees working for self-employed businesses is not due to a desire for career control.

Demand in economics refers to a consumer's willingness and desire to purchase products and services at a specific price. When the price of a good or service increases, demand often decreases.

Demand is the consumer's immediate need to purchase goods and services and pay the corresponding price. Demand is the quantity of goods that consumers are prepared and willing to buy at different prices within a certain time frame.

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The location where an administrator would terminate a bundle of CAT5e cables is the  D. Patch panel.

The patch panel is a device that receives cables from a network or server room and then relays them to their respective ports for users in other areas of a building or complex. The back of the panel includes a series of ports or slots, which are typically numbered or labeled . Each port is connected to a cable that runs through the building, and a small metal spring-loaded lever known as a punch-down tool is used to connect the wire from the incoming cable to the port.

Once a wire has been attached to a port, it is very unlikely to come loose unless someone deliberately pulls on it. Patch panels are often used in telecommunications rooms  to connect the network equipment to cables that  run to different locations throughout a building or campus. In addition, they can also be used to connect servers in a server room or data center to other equipment or devices on the network. Patch panels come in various types, including unshielded twisted pair (UTP) and fiber optic patch panels, and are typically used in conjunction with switches or routers. Therefore the correct option is D

The Question was Incomplete, Find the full content below :

Which of the following describes the location where an administrator would terminate a bundle of CAT5e cables?

A. Switch

B. Smart jack

C. Router

D. Patch panel

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A Data Mart is a condensed model of Data Warehouse and is designed for use via a particular department, unit or set of users in an organization. E.g., Marketing, Sales, HR or finance. It is often controlled by a single branch in an organization.

A facts mart is a subset of a statistics warehouse centered on a unique line of business, department, or challenge area. Data marts make specific data on hand to a defined team of users, which lets in those customers to shortly get right of entry to vital insights besides wasting time looking via an entire facts warehouse.

An alternative being used by using many companies is to create a decrease cost, scaled-down version of the statistics warehouse known as the "data mart." A statistics mart is a small warehouse designed for the strategic business unit (SBU) or branch level.

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Adjusting the cash balance to match the bank statement balance is the necessary step to reconcile the bank balance and cash account balance.

1) Compare the bank statement balance with the book balance

2) Document any reconciling items such as outstanding checks, deposits in transit, and bank fees

3) Adjust the cash balance to match the bank statement balance

4) Prepare a bank reconciliation statement that summarizes the reconciliation process

5) Retain a copy of the bank reconciliation statement.

The bank balance is the company's cash position in the company's bank accounts as reported according to the month-end bank statement. As debits and credits are processed through your bank account, these amounts are reflected in your bank account's cash balance. However, there are some scenarios where a company's book balance differs from its bank balance.  

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FALSE. While demographic trends can be unpredictable to some extent, transformations in markets and customer demands for new products are not entirely unpredictable.

Demographic trends can certainly have a significant impact on markets and consumer behavior. For example, as the baby boomer generation ages and retires, their spending habits and preferences may change, leading to shifts in demand for certain types of products and services. Similarly, as younger generations become more digitally connected and environmentally conscious, may need to adapt their marketing strategies and product offerings to cater to these changing customer demands.While it is true that demographic trends can be difficult to predict with complete accuracy, businesses can use a range of tools and techniques to analyze and forecast potential changes in customer behavior. Market research, for instance, can help businesses understand consumer preferences and identify emerging trends that may signal future shifts in demand. By gathering data on customer demographics, lifestyle habits, and spending patterns, businesses can develop a more nuanced understanding of their target audience and make more informed decisions about product development, marketing, and sales strategies.Moreover, advances in technology and data analytics are enabling businesses to capture and analyze vast amounts of customer data in real-time, allowing them to quickly adapt to changing market conditions and customer preferences. By leveraging data analytics tools such as machine learning and predictive modeling, businesses can identify patterns and trends in customer behavior that might be missed through more traditional market research methods.In short, while demographic trends can certainly pose challenges for businesses looking to stay ahead of the curve, they need not be entirely unpredictable. By using a range of analytical tools and techniques, businesses can gain a deeper understanding of their target audience and make data-driven decisions that position them for success in a rapidly changing marketplace.

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More than 93 percent of all Coupons are distributed as freestanding inserts in newspapers. Therefore the correct option is option B.

A coupon is a document or a ticket that can be used to get a financial discount or rebate when buying a product. Customarily, coupons are delivered to consumers via mail, magazines, newspapers, and the internet.

Coupons are a promotional tool used by companies to increase sales, and they can be a cost-effective way to draw new customers.

Coupons encourage repeat purchases, as well as customer loyalty, and are frequently used in stores, restaurants, and other retail establishments, as well as online shopping. Therefore the correct option is option B.

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The following question may be like this:

More than 93 percent of all ______ are distributed as freestanding inserts in newspapers.

A. rebates

B. coupons

C. premiums

D. samples

All of the listed instruments are considered money market instruments or assets and can be used for a variety of reasons.

The answer to this question is that all of the listed instruments are considered money market instruments or assets. Treasury notes are debt securities issued by the U.S. Department of the Treasury that have maturities of one year or less. They are used to raise funds to finance the federal government’s activities.
Commercial paper is a short-term unsecured promissory note with a maturity of up to 270 days issued by corporations. It is used to meet short-term liquidity needs.
Municipal bonds are debt instruments issued by state and local governments to finance public projects, such as building infrastructure or funding education.
Corporate bonds are debt instruments issued by companies to raise funds for a variety of reasons, such as expanding operations, financing research and development, or repaying existing debt.

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In the following question, among the various parts to solve on merchandising transactions for Dollar Store. the solution is as follows:

1. On November 1, Dollar Store purchases merchandise for $1,600 on terms of 2/5, n/30, FOB shipping point, invoice dated November 1:
Debit: Inventory $1,600
Credit: Accounts Payable $1,600
2. On November 5, Dollar Store pays cash for the November 1 purchase:
Debit: Accounts Payable $1,600
Credit: Cash $1,600
3. On November 7, Dollar Store discovers and returns $200 of defective merchandise purchased on November 1 and paid for on November 5 for a cash refund:
Debit: Cash $200
Credit: Inventory $200
4. On November 10, Dollar Store pays $80 cash for transportation costs for the November 1 purchase:
Debit: Cash $80
Credit: Transportation Costs $80
5. On November 13, Dollar Store sells merchandise for $1,728 with terms n/30. The cost of the merchandise is $864:
Debit: Accounts Receivable $1,728
Credit: Sales Revenue $1,728
Debit: Cost of Goods Sold $864
Credit: Inventory $864
6. On November 16, Merchandise is returned to the Dollar Store from the November 13 transaction. The returned items are priced at $290 and cost $145 the items were not damaged and were returned to inventory:
Debit: Accounts Receivable $290
Credit: Sales Returns and Allowances $290
Debit: Inventory $145
Credit: Cost of Goods Sold $145

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Answer:

Mr. Kiwat borrowed GH¢200,000 from his bankers to buy his dream house. Repayment is over

4 years and first payment is due one year from hence. He will make equal payments to amortize

both the principal and interest, which is calculated on a reducing balance basis. The bank will

charge 5% above its current base rate of 20% per annum.

Required:

i. Calculate Mr Bruce’s annual payments

ii. Show a table on how the annual payment will liquidate the loan and interest.

Explanation:

i. To calculate Mr. Kiwat's annual payments, we first need to determine the total amount of interest he will pay over the 4-year period.

The bank's current base rate is 20%, and they are charging 5% above that, which means Mr. Kiwat's interest rate is 25% per annum. The loan amount is GH¢200,000, and it will be repaid over 4 years, so the total interest paid will be:

Total interest = loan amount x interest rate x time

Total interest = GH¢200,000 x 0.25 x 4

Total interest = GH¢200,000

Therefore, the total amount Mr. Kiwat will pay over the 4-year period is GH¢400,000 (GH¢200,000 for the loan amount and GH¢200,000 for the interest).

To calculate his annual payments, we divide the total amount by the number of years:

Annual payment = total amount / number of years

Annual payment = GH¢400,000 / 4

Annual payment = GH¢100,000

Therefore, Mr. Kiwat's annual payments will be GH¢100,000.

ii. Here is a table showing how Mr. Kiwat's annual payments will be applied to the loan and interest:

Year Beginning balance Payment Interest Principal Ending balance

1 GH¢200,000 GH¢100,000 GH¢50,000 GH¢50,000 GH¢150,000

2 GH¢150,000 GH¢100,000 GH¢37,500 GH¢62,500 GH¢87,500

3 GH¢87,500 GH¢100,000 GH¢21,875 GH¢78,125 GH¢9,375

4 GH¢9,375 GH¢100,000 GH¢2,344 GH¢97,656 0

In the first year, Mr. Kiwat will pay GH¢100,000, of which GH¢50,000 will be applied to the interest and GH¢50,000 to the principal. The ending balance for that year will be GH¢150,000.

In the second year, the beginning balance is GH¢150,000, and the payment is again GH¢100,000. However, the interest charged will be lower, as it is based on the reduced balance. The principal payment will be higher, as the interest payment is lower. The ending balance for that year will be GH¢87,500.

The same pattern continues for the third year, and by the fourth year, the remaining balance is only GH¢9,375, which is paid off with a final payment of GH¢100,000.

The total amount Mr. Kiwat will pay over the 4-year period is GH¢400,000 (GH¢200,000 for the loan amount and GH¢200,000 for the interest).

i. To calculate Mr. Kiwat's annual payments, first determine the total amount of interest that will be paid in the 4-year period.

Current base rate = 20%, and they are charging 5% above that, which amounts to an interest rate of 25% per annum.

The loan amount is GH¢200,000, and it will be repaid over 4 years.

Total interest = loan amount x interest rate x time

                      = GH¢200,000 x 0.25 x 4

                         = GH¢200,000

Mr. Kiwat will pay over the 4-year period GH¢200,000 for the loan amount and GH¢200,000 for the interest.

ii. Annual payment = total amount / number of years

                             = GH¢400,000 / 4

                             = GH¢100,000

Mr. Kiwat's annual payments will be GH¢100,000.

A table showing how Mr. Kiwat's annual payments will be applied to the loan and interest:

Year Beginning balance Payment Interest Principal Ending balance

1 GH¢200,000 GH¢100,000 GH¢50,000 GH¢50,000 GH¢150,000

2 GH¢150,000 GH¢100,000 GH¢37,500 GH¢62,500 GH¢87,500

3 GH¢87,500 GH¢100,000 GH¢21,875 GH¢78,125 GH¢9,375

4 GH¢9,375 GH¢100,000 GH¢2,344 GH¢97,656 0

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The following items are found above the contribution margin on a contribution margin format income statement: Fixed expenses Variable expenses Sales

An income statement is a financial statement that depicts an organization's revenues and expenditures over a certain period of time.

A contribution margin income statement is one in which fixed and variable costs are deducted from sales to determine the contribution margin. The contribution margin is then used to pay for fixed expenses and net operating income. To make an income statement, follow these steps:

Start with sales: To begin your revenue section of your statement, begin with sales. The sales portion of the revenue section should list the total value of goods or services sold for the period being reported.

Deduct the cost of goods sold:

Next, deduct the cost of goods sold. This covers the cost of goods or services sold during the accounting period being reported. The gross margin is the difference between sales and the cost of goods sold. Deduct variable expenses:

After calculating gross margin, subtract variable expenses. These are costs that change with sales volume. Deduct fixed expenses:

Subtract the fixed costs from the total. These are expenses that do not change with sales volume. Calculate net operating income:

After deducting fixed expenses, calculate the net operating income.

This is the money you have left over after paying all of your costs.

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Geographic segmentation Refers to segmenting markets by region of a country or the world, market size, market density, or climate.  Option A).

Geographic segmentation is a component that effectively complements a marketing strategy by targeting items or services based on where their buyers live. The division of nations, states, regions, cities, colleges, or areas is done to better understand the audience and promote a product/service to them.

The Arctic Ocean, for example, is completely covered in snow and ice. In the winter, practically the whole Arctic Ocean is covered with sea ice. The quantity of sea ice melts in the summer. In the winter, for example, the sea ice extent is 14 million square kilometers.

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