Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
The term called "Pay yourself first" means a finance strategy which helps to increase and ensure consistent savings and investment.
The goal of the budgeting strategy called "Pay yourself first" helps to ensure income is first saved or invested before the expenses start to decline the income..In conclusion, Pay yourself first is the budgeting strategy that is achieved by setting aside minimum of 10% of after-tax income for saving.
Read more about Pay yourself first:
brainly.com/question/14556215
If productivity increases significantly and demand is not very elastic, what is likely to happen?
A
B. Fewer workers will be needed.
C. Division of labor will decrease.
D. Demand will increase.
The number of consumers will increase.
Please select the best answer from the choices provided
A
OB
D
Answer:
B. Fewer workers will be needed.
Explanation:
Elastic demand refers to a flexible demand. It is a demand that can increases or decreases due to several factors. If demand is not elastic, it implies it is constant. An increase or decrease in output or price will not affect the quantity demanded.
An increase in productivity means an increase in output per worker. It is the increase in the number of units produced, per hour, per worker. An increase in productivity results in more output in a given period than previously.
If the demand is constant and there is an increase in productivity, only a few workers will be required. The output from the few workers will be high to meet the constant demand.
Answer:
B
Explanation:
Problem 15-33 (Algorithmic) Kolkmeyer Manufacturing Company is considering adding two machines to its manufacturing operation. This addition will bring the number of machines to ten. The president of Kolkmeyer asked for a study of the need to add a second employee to the repalr operation. The arrival rate is 0.07 machines per hour for each machine, and the service rate for each individual assigned to the repair operation is 0.6 machines per hour. a. Compute the operating characteristics if the company retains the single-employee repair operation. If required, round your answers to four decimal places. P 0 = t 2 = L= W G = hours W= haurs
the operational parameters for Kolkmeyer Manufacturing Company's single-employee repair operation: P0: The likelihood that there are no machines waiting to be repaired. t2: The typical length of time a machine waits to be repaired. L: The typical number of machines waiting to be repaired.
WG: The average amount of time (including both queue and service time) that a machine spends in the system.W: The amount of time on average that a machine waits in queue before being serviced. Using the M/M/1 queuing system formulas: P0 is equal to 1 minus (/), where / is the service rate and / is the arrival rate. t2 = P0 / (μ * (1 - P0)) L = λ * t2 WG = t2 + (1/μ) W = λ * WG Given: Arrival Each machine is clocked at a rate of () = 0.07 machines per hour. 0.6 machines per hour is the service rate. The arrival rate changes to 0.07 * 10 = 0.7 machines per hour due to the presence of ten machines. When these values are entered into the formulas: P0 = 1 - (0.7 / 0.6) ≈ 0.1667 t2 = 0.1667 / (0.6 * (1 - 0.1667)) ≈ 0.2381 L = 0.7 * 0.2381 ≈ 0.1667 WG = 0.2381 + (1 / 0.6) ≈ 2.9056 W = 0.7 * 2.9056 ≈ 2.0339 As a result, the single-employee repair operation's operational characteristics are as follows: P0 = 0.1667; t2 = 0.2381 0.1667 machines for L 2.9056 WG hours
learn more about company here:
brainly.com/question/30532251
#SPJ11
Herm promises to pay Nixie to work as an assistant buyer for his Organic Foods stores. Nixie agrees and quits her job with Pic-U Grocery, but Herm does not hire her. Herm is most likely liable to Nixie under
Answer:
the job that he works at
Explanation:
he quit
Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
What are Organic Foods?The manner agricultural products are cultivated and processed is referred to as "organic." While rules differ from nation to nation, in the United States, organic crops must be grown without the use of synthetic fertilizers, pesticides, herbicides, or fertilizers, as well as without the use of bioengineered genes.
Produce can be referred to as organic if it was grown on soil without any prohibited substances applied for three years prior to harvest, according to certification. The majority of synthetic fertilizers and insecticides are prohibited substances.
Produce grown organically uses fewer pesticides. In conventional agriculture, synthetic fungicides, herbicides, and insecticides are frequently utilized, and their residues stay on (and in) the food we eat.
Hence, Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
To know more about Organic Foods follow the link.
https://brainly.com/question/11097047
#SPJ6
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
Read more about accident
brainly.com/question/26670019
#SPJ1
if a company has 5 employees with annual salaries of $90,000, $60,000 ,$70,000 ,$90,000 and $20,000 respectively, what is the mean annual salary at the company?
Answer:
Mean annual salary = $66,000
Explanation:
Given the following data;
Number of employees = 5Employee's salaries = $90,000, $60,000 ,$70,000 ,$90,000 and $20,000.To find the mean annual salary at the company;
First of all, we would find the total amount of salaries.
Total amount = 90,000 + 60,000 + 70,000 + 90,000 + 20,000
Total amount = $330,000
Next, we would calculate the mean annual salary at the company;
\( Mean \; annual\; salary = \frac {Total \; salary}{Number \; of \; employees} \)
Substituting into the above formula, we have;
\( Mean \; annual\; salary = \frac {330,000}{5} \)
Mean annual salary = $66,000
Answer:
66,000
Explanation:
Shimmer Bath Products.Inc.(SBP) makes a variety of ceramic sinks and tubs.SBP has just developed a line of sinks and tubs made from a mixture of glass and ceramic. The sinks sell for $150 cach and have variable costs of $80.The tubs sell for $600 and have variable costs of $450 The glass and ceramic sinks and tubs require the use of specialized molding equipment The Specialized molding equipment has 4,050 hours of capacity per year.A sink uses 2 hours of Specialized molding equipment time;a tub uses 5 hours of specialized molding equipment time Assume that SBP can sell as many as 1.000 sinks and 500 tubs per year. Assuming SBP allocates the machine time to maximize operating income,how many tubs should SBPproduce? 0410 .500 O675 .810
SBP should produce 810 tubs to allocate machine time and maximize operating income.
To determine the number of tubs that SBP should produce to maximize operating income, we need to evaluate the profitability of each product based on the available machine time.
Let's calculate the contribution margin for each product first:
Contribution margin per sink = Selling price per sink - Variable cost per sink
Contribution margin per sink = $150 - $80 = $70
Contribution margin per tub = Selling price per tub - Variable cost per tub
Contribution margin per tub = $600 - $450 = $150
Next, let's calculate the number of sinks and tubs that can be produced within the available machine time:
Maximum number of sinks = 4,050 hours / 2 hours per sink = 2,025 sinks
Maximum number of tubs = 4,050 hours / 5 hours per tub = 810 tubs
Now, we compare the contribution margin per unit for each product:
Contribution margin per sink = $70
Contribution margin per tub = $150
Since the contribution margin per tub is higher, SBP should produce as many tubs as possible to maximize operating income. However, the maximum number of tubs that can be produced is 810.
Therefore, SBP should produce 810 tubs to allocate machine time and maximize operating income.
Learn more about operating income:
brainly.com/question/32545534
#SPJ4
A/an ________ is a set of steps for carrying out a task, which can be written down and implemented.
An algorithm is a set of steps for carrying out a task, which can be written down and implemented. It is a systematic approach to problem-solving that is commonly used in computer science and mathematics.
Algorithms provide a precise sequence of instructions that can be followed to solve a specific problem or accomplish a particular goal. They are designed to be efficient and reliable, ensuring that the desired outcome is achieved in the most effective way possible.
Algorithms can be represented in various forms, such as pseudocode, flowcharts, or programming languages. They play a crucial role in software development, as they help programmers develop solutions to complex problems and create efficient programs. In summary, an algorithm is a well-defined set of instructions that enables the execution of a task in a logical and structured manner.
To know more about algorithm visit:
https://brainly.com/question/33268466
#SPJ11
List the steps of the rational model of decision making in the correct order, with the first step listed at the top and the last step listed at the bottom.
The steps of the rational model of decision making in the correct order (with the first step listed at the top and the last step listed at the bottom) includes as follows:
Identify the problem or opportunityThink of alternative solutionsEvaluate alternatives and select a solutionImplement and evaluate the solution chosen.What is the rational model of decision making?Basically, the decision making refers to the process of making choices by identifying a decision, gathering information and assessing alternative resolutions, the use of this process can help to make more deliberate and thoughtful decisions by organizing relevant information and defining alternative.
Going forward, the rational model of decision making involves an individuals using facts and information, analysis and a step-by-step procedure to come to a decision. This rational model is more advanced type of decision-making model.
Read more about decision making
brainly.com/question/1249089
#SPJ1
Amount of paycheck often called take home pay
Current Benefit Or Net Pay
Which best states a theme of "Birdfoot's Grampa”?
Look before you leap.
Technology helps nature.
Respect one’s elders.
With age comes wisdom.
Respect one’s elders is best states a theme of "Birdfoot's Grampa”. The reader can assume that the speaker is Birdfoot and that the old man is Birdfoot's grandfather based on the title.
Who is Birdfoot's Grampa?The reader meets the old man in the opening stanza via the eyes of a first-person speaker who refers to the car they're driving as "ours."
The speaker is Birdfoot, and the elderly man is Birdfoot's grandfather, as can be deduced from the title. In his poem "Birdfoot's Grandpa," Joseph Bruchac expresses the idea that all life is vital, including small creatures like toads.
Thus, option C is correct.
For more details about Birdfoot's Grampa, click here:
https://brainly.com/question/6281603
#SPJ2
Answer:
With age comes wisdom.
Explanation:
your welcome
pls mark brainliest
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
The _____________ represented sweeping changes to the tax code and reframed the computation of employee income tax.
The Tax Cuts and Jobs Act represented sweeping changes to the tax code and reframed the computation of employee income tax.
What is Tax Cuts and Jobs Act?Tax Cuts and Jobs Act serves as the established act that focus on the changes to the tax code as regards the employees.
Therefore,Tax Cuts and Jobs Act changes to the tax code reframed the computation of employee income tax.
Learn more about Tax Cuts and Jobs Act at:
https://brainly.com/question/1904946
how can Credit cards make it more challenging to save?
Answer:
well cuz you have all your money right there so if youratthestoreand youwant something really bad than its easy to talk yourself into it but if you have cash than you could leave some home and oy bring a setin amount to spend. hope this helps
what are loans to a company or government for a set amount of.time. they earn interest and are considered low-risk investments.
a) mutual funds
b) bonds
c) stocks
d) derivatives
Answer:
b) bonds
Explanation:
Bonds are investment assets. Investors lend money to the government and corporates over a fixed period. In return, the company or the government pays a fixed amount of interest periodically until the agreed fixed period is over( maturity date). At maturity, the investor receives back the full amount he had loaned out (the principal amount).
Bonds are considered a low-risk investment option. Governments hardly default on their bond obligations. Companies that issue bonds to the public regulated and are less likely to default on payments.
#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
In order for a check to be legal tender it must be?
O Authorized
O Certified
Signed
O Processed
Answer:
certified signed
Explanation:
that signature come from police
Answer:
certified signed
Explanation:
The check only have power or in other words legit when only have the certification from the bank or the treasury.
the direct consumers of the product are the client public. target markets are defined much more easily. goods are marketed more often than ideas or services. the techniques used by for-profit organizations to define target markets cannot be applied. development of a marketing strategy should focus on the general public.
Answer:
This question is incomplete, the questions itself is missing. The correct question is the following:
"In nonprofit organizations," ...
And the correct option is the first one: The direct consumers of the product are the client public.
Explanation:
To begin with, the nonprofit organizations are those that focus on the fact of giving its service or product to the public in general because there is an extremely importance in the good itself so that is why that the organization focus on reaching every member of the community because the product or service should be at the reach of all. And that is why that in the nonprofit organizations the direct consumers of the product or service are the client public.
what is a standard is a
Answer:
is the pattern that follows any of the variables that determine the benefit of an economic activity
a standard is the reference level of some factor of production
A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations EXCEPT: a.Costco, which has an output contract with Betty's Bakery to buy all of the brownies she can bake, promises to pay Susie's Sugar Shack for the sugar needed by Betty's Bakery should the bakery fail to pay b.27-year-old Sissy's father agrees to pay a mechanic for Sissy's car repairs c.Matthew promises to pay the credit card debt of his friend Alex d.Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds
A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations except Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds.
There is a substantial distinction between sureties and warranties, these two types of security, despite the fact that they are both forms of security for a fundamental duty. In general, guarantees constitute separate primary duties, whereas suretyships create additional obligations.
A suretyship is an agreement made between a creditor, a principle debtor, and a third party who, often as a surety and co-primary debtor, commits himself in whole or in part to the performance of the major debtor's obligations. The surety agrees to pay the creditor in the event that the primary debtor is unable to do so in his individual capacity. Without a main commitment, there can be no certainty.
Option D is the correct answer.
Learn more about Suretyship here:
https://brainly.com/question/29764517
#SPJ4
The complete question is, "A suretyship (guaranty) promise to pay the debts of another requires a writing to comply with the statute of frauds in all of the following situations EXCEPT:
A. Costco, which has an output contract with Betty's Bakery to buy all of the brownies she can bake, promises to pay Susie's Sugar Shack for the sugar needed by Betty's Bakery should the bakery fail to pay.
B. 27-year-old Sissy's father agrees to pay a mechanic for Sissy's car repairs.
C. Matthew promises to pay the credit card debt of his friend Alex.
D. Albert, an executor of the estate of Tillie June, promises to pay Tillie's debts from his own funds. "
When you put money into a checking account, you fill out a
signature card
reconciliation form
deposit slip
bank statement
Answer:
I believe it's deposit slip.
Explanation:
A deposit slip gives the bank the information it needs, in order to handle your money properly.
Hope this helps :)
Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
What is Helena Fogarty doing to build brand equity for Mi Ola?
Answer:
she is using social media to build brand equity.
Explanation:
Helena Fogarty is using social media as an advertising resource due to the fact that more and more people will see it since social media is a big platform. she is also using this to her advantage as she can get feed back in order to make adjustments to her products.Helena Fogarty is using social media to build brand equity for Mi Ola.
Brand equity simply means the value premium that a business or company generates from a product with a recognizable name.
It should be noted that brand equity is also known as the brand worth of a company. It's the social value of a brand name. Helena Fogarty is using social media to build brand equity for Mi Ola. One can advertise its product on social media and create awareness. This will help improve sales and revenue.
Read related link on:
https://brainly.com/question/15555529
Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building
The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.
What is Economic Development?In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.
The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.
Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.
Learn more about Economic Development here:
brainly.com/question/1645709
#SPJ1
short-term exposure to exchange rate risk can be reduced by importing raw materials and using
Short-term exposure to exchange rate risk can be reduced by importing raw materials and using hedging strategies.
Importing raw materials can help reduce exchange rate risk because it allows business to diversify their sourcing and avoid relying solely on domestic suppliers.
importing raw materials from different countries, businesses can take advantage of favorable exchange rates and potentially mitigate the impact of currency fluctuations.
Additionally, hedging strategies can be employed to manage exchange rate risk in the short term. Hedging involves taking positions in financial instruments that offset the potential losses from adverse currency movements. For example, businesses can use currency forward contracts, s, or futures contracts to lock in exchange rates for future transactions and protect themselves against unfavorable currency fluctuations.
By combining the use of imported raw materials with hedging strategies, businesses can reduce their vulnerability to short-term exchange rate volatility. However, it's important to note that hedging strategies come with their own costs and considerations, and they may not completely eliminate exchange rate risk. Long-term exposure to exchange rate risk may require additional strategies such as establishing foreign subsidiaries, implementing pricing adjustments, or considering currency diversification in the company's operations.
Learn more about business here:
https://brainly.com/question/15826604
#SPJ11
The assumption of asymmetric information means that:.
How do you think business impact suppliers and investors in terms of capital and income?
Answer:
It is important to select suppliers carefully as suppliers can affect the businesses they provide goods to. If a supplier provides a poor quality product to a firm, it may affect the firm's reputation as the firm will need to use the goods or sell them onto their customers.
Explanation:
Suppliers are the most important link in the business chain. They can never be separated from the business itself as they act as the most important intermediary for owners and consumers.
On the other hand, investors get impacted the most as the share price of the companies are hugely impacted by the performance of the business and are appreciated when the business posts excellent results in its annual or quarterly period.
A business can impact suppliers in a way that if the manufacturers are not ready with the finished goods, the supply chain will automatically be stopped which will reduce sales by a good number.On the other hand, Investors are the owners of the business for the part of no. of shares being held by them. However the management of the business is in the hands of the managers and if they don't run the business well, the stock prices would decline resulting in dismay for the investors.Suppliers as well as investors are directly related to the performance of the company as efficient management by the business leads to betterment of them and vice versa.Hence, the owners as well as the investors are directly affected with the performance by the management of the business and are equally acquainted to the business.
To know more about business, please click the links given below.
https://brainly.com/question/14254734
As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the
most demand
highest costs
most profits
Answer: most profits
Explanation:
a retailer acquires merchandise for resale. how would this be recorded in a perpetual inventory system?
Ethan
Ethan has always been interested in the stars. For his eighth birthday, his father bought Ethan a telescope that allowed him to see comets, satellites, and nearby planets clearly. Once in high school, Ethan struggled with his English Literature course until one of his classmates pointed out that many poems have a mathematical rhythm. This was really interesting to Ethan. Unfortunately, Ethan’s grandparents, who live in Thailand, suffered a complete loss of their home due to a tsunami. They have come to live with Ethan. Ethan wonders if there was a way to prevent the tsunami or if the kind of earthquakes that cause the tsunami here happen on the moon.
Based on what you know about Ethan, create a personalized career pathway form for him. On this form, you need to include the following information:
Recommended pathway for Ethan
Skills that Ethan has that would be valuable in this career
What type of education is required to work in this career pathway
A description of where he might work and what tasks he might perform
The most appropriate career for Ethan is astronomy because he is very interested in the physical phenomena of other planets and Earth.
What is vocational guidance?
Vocational guidance is a term that refers to the process used to help young people choose the professional career they will pursue in their life based on their interests and abilities.
From the above, the best option for Ethan is a career related to the study of the planets and the Earth, because he is interested in it. Additionally, these sciences are related to mathematics, another topic that has interested Ethan.
So, the best option for Ethan is Astronomy.
Learn more about vocational guidance in: https://brainly.com/question/839980
HELP PLEASE:)
to get the most accurate savings figures, which item should you vary when you are comparing 2 loans from separate banks?
A. the APR should be different
B. the number of years it takes to pay it off
C. fixed and variable rates
D. nothing should be varied
I Think its answer C: Fixed and Variable rates