A location decision for a traditional department store (e.g., bloomingdale's or macy's) would tend to have a labor focus.
HOW DO DEPARTMENT EXAMPLES WORK?Several different items can be referred to as departments. An administrative division within a country, a government ministry, or simply a section of an institution are examples. In this definition, we make use of the word "department" to refer to several organizational divisions.
How does the department provide services?Services for departments.
Each Department shall have Department Services, which shall include the Planning Service, the Financial and Management Service, the Administrative Service, and, if necessary, the Technical and Legal Services, unless the legislation provides otherwise.
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The owner of a bike shop would like to analyze the sales data to determine if the business is growing, declining, or remaining flat. The owner has the following data:
Sales Revenue Last Year =$125,000
Sales Revenue Current Year = $150, 000
What is the Sales Growth?
Do not forget to type the % symbol after multiplying your result by 100 to convert to percentage!
Hint: Your answer will NOT have decimal point.
Example: 75%
Joe Chin bought a house for $180,000. He made a 20% down payment. Joe secured a loan for the balance of the purchase price at 6.5% interest for 30 years. What will be the monthly payments on the loan? (do not use commas or dollar signs in your answer)
Answer:
910.18
Explanation:
After Chin's down payment the amount borrowed is ...
(1 - 20%)($180,000) = 0.80·$180,000 = $144,000
The amount of the payment is given by the amortization formula ...
A = P(r/n)/(1 -(1 +r/n)^(-nt))
for P borrowed at rate r for t years, compounded n times per year.
A = 144000(0.065/12)/(1 -(1 +.065/12)^(-12·30)) = 910.18
The monthly loan payments will be 910.18.
Identify a decision you have made recently. In a paragraph of 125 words, explain the process you used to make the decision. Share how you feel about the decision you made: Was it successful? Was it the best possible decision? Describe how using the seven-step decision-making process might have changed the outcome of your decision.
I recently made a business decision, on whether to start a car wash firm or to sell stationeries. my decision was to try to decide on the problems and solutions associated with each business, and the viability.
Decision making processWhen making a reсent decisiоn, I started by identifying thе рroblem аnd gathеring informаtion. Тhen, I brainstormed possiblе sоlutiоns аnd еvaluatеd eаch onе based on its feаsibility, cost, аnd potеntial outcome. Aftеr weighing thе prоs аnd cоns, I сhose thе sоlutiоn that seemed to be thе most effeсtive аnd aligned with my values. I fеlt cоnfident in my decisiоn аnd implеmеntеd it, taking note оf аny feedbaсk or adjustments that might be necessаry.
Looking baсk, using thе seven-steр decisiоn-making proсess could hаve hеlpеd me make an even morе informеd аnd effeсtive decisiоn. The proсess involvеs defining thе рroblem, sеtting goals, identifying altеrnativеs, evаluаting altеrnativеs, seleсting thе best аlternаtive, imрlementing thе decisiоn, аnd evаluаting thе results. Вy going through eаch steр in morе detail, I might hаve been аble to cоnsider additional fаctors аnd oрtions, leading to an even better outcome. Anyway, I am sаtisfied with thе decisiоn I made аnd believe it was suссessful given thе informаtion аnd resources availаble to me at thе time.
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After you analyzed demand, you took tep to make ure your buine made ene financially. How will thinking on the margin help increae the chance of long-term ucce for your buine, even if additional competition enter your community?
Thinking about the margins will ensure so each pair of fittings produced is profitable. When a pair of inserts no longer makes a profit, production must be reduced. Understanding these profits will also aid me in remaining competitive in a marketplace where other producers are welcome. If more production companies join the market, I understand I can cut costs or offer a discount while still increasing profits.
What is the most basic definition of profit?money earned in business after deducting the costs of manufacturing & distributing products and services: She makes a lot of money by selling waste to textile companies.
What exactly are profit and revenue?Revenue refers to the income generated by business operations , whereas profit denotes net income after expenses are deducted from earnings. Selling, income from fees, & income generated by assets are all examples of revenue.
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100 points! PLEASE HELP. DO NOT SKIP THIS!
PLEASE DON'T DO FUNNY BUSINESS HERE.
You are now familiar with government and how it plays a role in our economy. Using what you learned in the lesson, describe two advantages and two disadvantages of governmental involvement. What changes would you make to improve government’s role?
You can say answers other than-
there are more restrictions
Answer:
There are many advantages of government intervention such as even income distribution, no social injustice, secured public goods and services, property rights and welfare opportunities for those who cannot afford. Whereas, according to some economists the government intervention may also result in few disadvantages.
I would try to remove corruption
Explanation:
Plz mark brainliest thanks
Answer:
(Disadvantages)
Government and political interference may lead to poor management.
-Operation in large scale may lead to diseconomies of scale arise.
(Advantages)
-Protecting the safety and health of the public and the environment.
-Offering consumers increased safety when choosing products.
Explanation:
Stop trying to legislate morality. Where we get tripped up is in the conversation about "beliefs". We have been stuck in fights that keep our country in a holding pattern. It is not only detrimental to our unity, it undermines our ability to concentrate on areas that need it.?
To meet the needs of its customers and help it achieve its company goals, a drugstore offers a large assortment of products, known as its product.
To meet the needs of its customers and help it achieve its company goals, a drugstore offers a large assortment of products, known as its product mix.
A product mix is the total variety of product lines and individual products or services an organization offers. To boot noted as product assortment or product portfolio. Product combines vary from company to company. Some have multiple product lines with many products in every line.
For example, an organization could sell multiple product lines, with the merchandise lines being fairly similar, like dentifrice, toothbrush, or solution, and alternatives such as toiletries.
Product mix, additionally called product assortment, refers to the entire variety of product lines an organization offers its customers. The four dimensions of a company's product combine embody breadth, length, depth and consistency.
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PLSS HELP -->> societies make decisions about who gets the goods they produce by:
A. dividing goods based on the factors of production used to make them
B. determining whether a good has a high enough level of scarcity
C. considering whether the government should distribute the goods
D. differentiating between goods created using physical and human capital
Answer: C
Explanation: it’s c
Societies decide the distribution of goods being produced by considering if the government should take control of the same.
What is distribution of goods?The allocation of goods being produced in a society, which may or may not be under authority of a person, is known as distribution of goods.
Hence, option C holds true regarding the distribution of goods.
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4. Identify three factors that can lead to conflict in a hospitality environment
Conflicts in hospitality environments can arise due to various factors, but some common factors include communication breakdowns, personality clashes, and workload imbalances.
Poor communication can lead to misunderstandings between staff members and with customers, which can result in conflicts. Personality clashes can arise when different personalities or work styles do not mesh well together, leading to friction and tension among employees. Workload imbalances can lead to feelings of resentment and unfairness, especially if some employees feel like they are doing more work than others without proper recognition or compensation.
Hospitality environments require effective communication, collaboration, and a positive work culture to prevent and address conflicts in a timely and respectful manner.
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In computing the GDP, why is it import spending subtracted from the sum of consumption, investment, government purchases and export spending?
-Economics
Import spending is subtracted from the sum of consumption, investment, government purchases and export spending in the calculation of GDP because import represents spending on goods and services that are not produced in that economy.
Gross domestic product is the total sum of goods and services produced in a particular economy in a given period. One of the ways that can be used to determine the value of GDP is the expenditure approach.
The expenditure approach to determine GDP = Consumption + investment + government purchases + ( export - import).
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In the early 1900s, John D. Rockefeller bought out other companies or drove
them out of business. What was Rockefeller's motive?
O A. To avoid paying taxes
O B. To bypass consumers
C. To control the government
D. To decrease competition
What is the current interest rate on direct subsidized and direct unsubsidized loans?
Direct Subsidized Loans and Direct Unsubsidized Loans have an interest rate of 4.99% for undergraduate students.Direct Unsubsidized loans have an interest rate of 6.54% for graduate or professional students. Direct Subsidized and Unsubsidized Loans have a 0% interest rate throughout the payment break.
Your Direct Subsidized or Unsubsidized Loan will have a fixed interest rate once the payment pause is over if you obtained it on or after July 1, 2022, but before July 1, 2023:
'What are subsidized and unsubsidized loans?'
Loans for undergraduate students with financial need—defined as your cost of attendance less your estimated family contribution and any other financial aid—are known as subsidised loans.
Loans for graduate and undergraduate students that are not based on financial need are known as unsubsidized Loans. Your cost of attendance minus additional financial aid determines your eligibility (such as grants or scholarships). During in-school, deferment, and grace periods, interest is incurred.
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Under the LIFO retail method, we determine that:__________.
a) a new layer of inventory has been added during the period if the ending inventory at retail is greater than the beginning inventory at cost.
b) the ending inventory at retail is greater than the beginning inventory at retail.
c) the ending inventory at retail is less than the beginning inventory at retail.
Answer: the ending inventory at retail is greater than the beginning inventory at retail
Explanation:
In the Last-In-First-Out(LIFO) method, it is assumed that the units that are sold are the ones that were recently bought.
Under the LIFO retail method, to determine a new layer at retail, the beginning inventory at the retail will have to be deducted from the ending inventory at retail.
This means that a new layer of inventory will be added when the ending inventory at retail is greater than the beginning inventory at retail.
Question 15 (1 point)
Chris is the director of human resources for a computer programming company. He
has been mandated by the CEO to institute a training program for the sales team for
them to better reach out to and connect with new business opportunities. What type
of traming should Chris institute?
technical skills
organizational skills
soft skills
assessment skills
Answer:
The type of training Chris should institute is SOFT SKILLS.
Explanation:
The main aim of the sales team is to reach out to and connect with new business opportunities which requires Soft skills to communicate well with people related. Also to better understand the business and its requirements, they should definitely need soft skills.
And hence the type of training Chris should institute is SOFT SKILLS.
Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
Marketing managers at Nordstrom have had experts create initial forecasts, averaged their results, and then returned the averages to the experts to refine their individual forecasts. Which technique are Nordstrom managers using
Based on the provided information, the technique that Nordstrom managers were using is Delphi technique.
What is a Delphi technique ?Delphi technique can be regarded as the structured communication technique which is been developed to serve as interactive forecasting method that is based on a panel of experts.
Therefore, Nordstrom managers as using Delphi technique.
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500 divided by 2/3 = 500 * blank = blank feet
please help me
Answer:
500 divided by 2/3 = 500 * 3/2= 750
Explanation:
You have to interchange the fraction 2/3. The denominator becomes the numerator and vice versa.
2/3 becomes 3/2
500 divided by 2/3 = 500 * 3/2
500 divided by 2/3 = 750
500* 3/2 is the same as 500 x 1.5 = 750
Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called
Answer:
The appropriate answer is "License agreement".
Explanation:
A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.Bill has to write a report for this manager. He must do some background research, write the report, and present it to a group of 30 employees. Which factor will likely influence his list of priorities?
a.
Logic
b.
Importance
c.
Achievability
d.
Time
Answer:
A). Logic
Explanation:
As per the question, the factor that would most likely be included in Bill's list of precedences while preparing the report would be 'logic or reason.' A logical argument or claim in his report backed with sufficient details to substantiate it would not only establish the credibility of the claim but also appeal to the reason of the manager and make it more effective. It will help present the ideas or thoughts in a flow and justify the conclusion appropriately. Hence, option A is the correct answer.
Answer:
the answer is A
Explnation:
i just took the quiz
which is the smallest number that can be divided by 15 16 and 21 leaving a reminder of 3
The smallest number will of course be seven; however, you most likely meant the smallest number other than seven.
To meet the criteria stated, n-7 must be a multiple of 15, 21, and 18. Since 0 is a multiple of all numbers, 7 works for this, but to find the second-smallest, we will have to find the smallest number (othed than 0) that is a multiple of all three, the LCM.
We start with the prime factorization of each numbers
15=3×5
21=3×7
18=2×3×3
We now multiply the prime factors together, but factors that multiple numbers have in common ard only counted once. Therefore, the LCM is 2×3×3×5×7. Not that we still multiply by 3 twice because the number 18 has three as a factor twice. However, we don't count it a third our fourth time even though it is a factor of the other numbers. 2×3×3×5×7=630, so 630 is the LCM of 15, 21, and 18. Therefore 637 will have a reminder of 7 when divided by either of them.
Zara has developed the practice of delivering less merchandise to its stores on a more frequent basis. This quick response system is called a(n) Multiple Choice just-in-time inventory system. consignment system. vertical marketing system. indirect marketing channel. conventional marketing channel.
Answer:
Zara uses a just-in-time inventory system which is an inventory management system that delivers less merchandise on a more frequent basis than traditional inventory systems. As the case indicated, over time some stores had stockouts of popular merchandise while other stores were overstocked with the same item.
All of the following are forms of nonstore retailing EXCEPT: Group of answer choices telemarketing. factory outlets. direct selling. television home shopping.
Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of direct selling.
What is Nonstore Retailing?Nonstore retailing is the sale of goods and services outside the boundaries of the retail space. A common term that describes sales that take place outside stores and shops.
Institutions in this subdivision include mail ordering houses, vending equipment operators, real estate sales, door-to-door sales, party systems sales, e-commerce, and portable real estate sales.
Thus, Factor Outlets and Direct selling are not the forms of Nonstore retailing as they form part of face-to-face selling.
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what is the source of income for the four sectors of the economy
Answer:
Consumer, Investment, Government, and Foreign.
Explanation:
Consumer:
Personal disposable income
Investment:
Retained earnings
Government:
Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.
Foreign:
No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.
Hope this helps! Have a great day my loves<3
-Heiwa
Jordan has $5,000 that he won't need to access for at least five years, and he
wants to earn the highest interest possible. Which type of account would be
the best option for Jordan?
A. Money market account
OB. Savings account
OC. Checking account
OD. Certificate of deposit
Answer:
The best option for Jordan would be a certificate of deposit (CD).
Answer:
Certificate of deposit
on december 1, hansen co. borrowed $100,000 cash from national bank by signing a 90-day, 6% interest-bearing note. on december 31, hansen recorded an adjusting entry to record interest expense of $500. on march 1, the due date of the note, hansen will record interest expense as a (debit/credit) in the amount of . multiple choice question. debit; $1,000 debit; $1,500 credit $1,500 debit; $500 credit; $1,000 credit; $500
On March 1, when the note becomes due, Hansen Co. will record an interest expense of $1,500, which will be debited to the interest expense account.
On March 1, the due date of the note, Hansen will record interest expense as a debit in the amount of $1,500.
When Hansen Co. borrowed $100,000 cash from National Bank on December 1 by signing a 90-day, 6% interest-bearing note, it incurred interest expense at an annual rate of 6%. For a 90-day period, the interest on the note would be calculated as follows:
Interest expense = (Principal amount x Annual interest rate x Time) / 360
= ($100,000 x 0.06 x 90) / 360
= $1,500
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URGENT When is the unadjusted trial balance completed?
A. After a first set of adjusting entries have been made
B. As a final step in the accounting cycle
C. After all adjusting entries have been made
D. Before any necessary adjusting entries have been made
After running a regression model on a quarterly demand in the history, we obtain the following model: d = 120 + 30.0 y - 15.0 DQ1 + 17.0 DQ2 + 30.0 DQ3 where d is the quarterly passenger demand between two cities in 1000 passengers y is the year sequential number (1, 2, 3, ...) DQi's are dummy variables where DQi = 1 if quarter is i, and = 0 otherwise. What is the expected difference in demand between quarters 1 and 2 of the same year? Q2 is higher by 32,000 Q1 is higher by 32,000 Q2 is higher by 2,000 Q1 is higher by 2,000
The expected difference in demand between quarters 1 and 2 of the same year is "Q2 is higher by 32,000".
Based on the regression model provided, the coefficient for DQ2 is 17.0, which indicates the impact of being in quarter 2 compared to the base quarter (quarter 1). Since the coefficient is positive, it means that being in quarter 2 is associated with an increase in demand.
To calculate the expected difference, we subtract the coefficient for DQ1 (which represents the impact of being in quarter 1) from the coefficient for DQ2. In this case, 17.0 - (-15.0) = 32.0. However, it's important to note that the coefficients in the regression model are multiplied by 1,000 (due to the definition of d as quarterly demand in 1,000 passengers). Therefore, the expected difference is 32.0 * 1,000 = 32,000 passengers.
However, the question specifically asks for the difference in demand between quarters 1 and 2 of the same year, not the absolute difference in demand between the two quarters. Since the coefficient for DQ1 is negative (-15.0), it means that being in quarter 1 is associated with a decrease in demand compared to the base quarter. Therefore, to calculate the expected difference, we subtract the coefficient for DQ1 from the coefficient for DQ2. In this case, 17.0 - (-15.0) = 32.0. However, as mentioned earlier, the coefficients are multiplied by 1,000, so the expected difference is 32.0 * 1,000 = 32,000 passengers. Hence, the correct answer is "Q2 is higher by 32,000."
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nal Accounts Section Sales Cost of sales Rent income Interest on fixed deposit Directors' fees Salaries and wages Bad debts Audit fees Bank (ts) Advertising Consumable stores A. Sundry expenses Ordinary share dividends ADJUSTMENTS AND ADDITIONAL INFORMATION: 750 000 15 450 000 1 230 000 1315 150 24 000 147 600 975 000 80 800 560 000 368 20 Selling prices are determined by using a mark-up of 40% on cost Note: Trade discounts of R130 000 were allowed to special customers the financial year. in me paffo Sales. How are sales calculated
The overall sales for the fiscal year are 21,500,000, according to the information provided.
What is the fiscal year?A fiscal year is a 12-month period used by businesses and governments for financial reporting and budgeting purposes. It does not necessarily coincide with the calendar year and can start on any date. The fiscal year is used to report financial results and tax obligations to the government, and it is important to follow it accurately to ensure that all financial reporting is consistent and accurate.
Based on the information provided, the total sales can be calculated as follows:
The total cost of sales = 15,450,000
Markup on cost = 40%
Total markup = 40% of 15,450,000
= 6,180,000
The total cost of goods sold (COGS) = Total cost of sales + Total markup
= 15,450,000 + 6,180,000
= 21,630,000
To calculate the total sales, we need to subtract any discounts given to customers from the COGS:
Total sales = Total cost of goods sold - Trade discounts
= 21,630,000 - 130,000
= 21,500,000
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How do credit card companies use a person's credit report?
A.) To determine if that person should be given a loan or credit card
B.) To calculate how much interest the person is owed on their account
C.) To help them figure out ways to pay off their outstanding debt
D.) To figure out if that person has been using a budget
Answer:
The answer is the letter A
Answer:
A
Explanation:
at december 31, gill company reported accounts receivable of $240,000 and an allowance for uncollectible accounts of $1,000 (debit) before adjustment. an analysis of accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. the amount of the adjusting entry for uncollectible accounts would be:
The entry will increase the allowance for uncollectible accounts to the required balance of $9,600 and record the necessary bad debt expense for the period.
To calculate the amount of the adjusting entry for uncollectible accounts, we need to first determine the required balance for the allowance for uncollectible accounts based on the analysis of accounts receivable.
Given that the analysis suggests that the allowance for uncollectible accounts should be 4% of accounts receivable, we can calculate the required balance as:
Required balance for allowance for uncollectible accounts = 4% * Accounts Receivable
Accounts Receivable = $240,000
Required balance for allowance for uncollectible accounts = 4% * $240,000 = $9,600
Next, we need to determine the amount of adjustment required to bring the allowance for uncollectible accounts balance up to the required balance.
Since the allowance for uncollectible accounts currently has a debit balance of $1,000, this means that we need to increase the allowance by $8,600 to reach the required balance of $9,600.
Therefore, the adjusting entry for uncollectible accounts would be:
Debit Allowance for Uncollectible Accounts: $7,600
Credit Bad Debt Expense: $7,600
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Compute the dollar amount of change and the percentage of change in Weekly News Group's working capital each year during 2016 and 2017 Is this trend favorable or unfavorable? (Click the icon to review total current assets and total current liabilities. First calculate the amount of working capital each year 2017 2016 2015 Less: Working capital Next determine the formula, then calculate the percentage of change in working capital in 2017 and 2016. (Round the percentage to the nearest tenth percent.)
The percentage of change in working capital for 2017 is 27.1%
To calculate the dollar amount of change in Weekly News Group's working capital, we need to subtract the total current liabilities from the total current assets. Based on the given information, the working capital for 2016 was $425,000 ($1,200,000 - $775,000) and for 2017 it was $540,000 ($1,600,000 - $1,060,000).
Therefore, the dollar amount of change in working capital between the two years is $115,000 ($540,000 - $425,000).
To calculate the percentage of change in working capital, we need to use the formula:
Percentage of Change = (New Value - Old Value) / Old Value x 100
Using this formula, the percentage of change in working capital for 2017 is 27.1%
[(540,000-425,000)/425,000 x 100]
and for 2016 it is -9.4% [(425,000-468,000)/468,000 x 100].
Based on this trend, we can see that there was a significant increase in working capital from 2016 to 2017, which is a favorable trend. However, in 2016, there was a decrease in working capital, which may not be favorable. It is important to analyze the reasons behind these changes to understand the overall financial health of the company.
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