Assume a sales manager determines that in a given territory each salesperson sells approximately $500,000 yearly. Also, assume that the firm’s cost of goods sold is estimated to be 65 percent of sales and that a salesperson’s direct costs are $35,000 a year. Each salesperson works 48 weeks a year, eight hours a day, and averages five sales calls per day. Using this information, how much merchandise must each salesperson sell to break even?

Answer:Money plays a crucial role in the process of specialization and division of labor. As an economy grows, the division of labor becomes more complex, and people begin to specialize in specific skills and trades. Specialization and division of labor increase productivity and efficiency, which leads to economic growth. Money facilitates the exchange of goods and services between people who have specialized in different areas.When people specialize in specific skills or trades, they produce goods or services that are unique and valuable. Money allows them to exchange these goods and services with other people who have specialized in different areas. This exchange of goods and services is made possible by the use of money, which serves as a medium of exchange. Without money, people would have to rely on bartering, which would be difficult and inefficient.Moreover, money encourages further specialization and division of labor. When people are able to earn money by specializing in a particular skill or trade, they are more likely to continue doing so. This creates a positive feedback loop, leading to increased specialization, higher productivity, and economic growth.In summary, money plays a critical role in the process of specialization and division of labor by facilitating the exchange of goods and services between people who have specialized in different areas. Money encourages further specialization and division of labor, leading to higher productivity, efficiency, and economic growth.

Explanation:

Answer:

This is an area located in downtown Los Angeles that is home to many jewelry stores. Shopping in the LA jewelry district allows you to visit a large number of shops all located within walking distance of each other. (thats what goggle says)

Explanation:

Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).

To calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.

Here is the table showing the labor productivity of each store:

Store Sales volume (birr) Labor hours Labor productivity (birr/hour)

Bale-robe 12,000 60 200

Hawassa 60,000 500 40

Nekemt 40,000 250 16

Dahirdar 25,000 200 12.5

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There are no dominant strategies in the above payoff matrix consistent with the mentioned payoff matrix. Hence, option (e) can be regarded as the relevant choice of answer.

In game theory, a payoff matrix is a table where one player's strategies are written in rows and the other player's strategies are stated in columns. The cells in the matrix show the rewards for each player, with the row player's rewards appearing first. A player's incremental gain, profit, or loss, depending on whether they execute their strategy in response to the other player's strategy, is the game's payoff. The outcome is based on the game's circumstances. Businesses who are deciding on their advertising budgets, for instance, are concerned with their revenue, whereas businesses that are making new investments in machinery and plant are looking to determine their rate of return. Because it condenses the necessary data and enables us to assess whether a dominant strategy and/or Nash equilibrium exist, a payoff matrix is a crucial tool in game theory. It can be used in oligopoly models, among others.

To solve the question :

a) Payoff matrix

                                                     Do Not Change        Increase Subscription

                                                    Subscription Price              Price                                              

Do Not Change Subscription

                Price                              $500      $400            $200     $700

Increase Subscription Price         $600       $300           $300      $100

The Daily Voice and Town Herald are the players in the matrix payoff game.

b) In this matrix, there isn't a dominant strategy that unquestionably benefits Daily Voice or Town Herald. If one party constantly benefits from a specific strategy, regardless of the plan the other party choose, then that strategy is said to be dominant.

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The complete question is mentioned below :

Do Not Change Subscription Price Increase Subscription Price

DailyVoice Do Not Change Subscription Price $500, $400 $200, $700

Increase Subscription Price $600, $300 $300, $100

The two major newspapers in a city, Daily Voice and Town Herald, are considering whether to raise the subscription price. The first entries in the matrix above show the profits to Daily Voice, and the second entries show the profits to Town Herald. Which of the following is consistent with the above payoff matrix?

a. Do Not Change Subscription Price is a dominant strategy forDaily Voice.

b. Do Not Change Subscription Price is a dominant strategy forTown Herald.

c. Increase Subscription Price is a dominant strategy forDaily Voice.

d. Increase Subscription Price is a dominant strategy forTown Herald.

e. There are no dominant strategies in the above payoff matrix

Hello mate... here's the answer.,...

Answer:

*There are many pet business examples but the few I know are these:- *pet sitting,pet walking , training the dog,pet bakery if u like my answer thank them....

b 90 dollars less, When taxes are increased by $100 on everyone and there is a marginal propensity to consume of 0.9, it means that everyone would spend $90 less.

The correct option is b.What is marginal propensity to consume?Marginal propensity to consume (MPC) is the portion of an increase in income that is consumed rather than saved. It represents the rate at which consumers adjust their spending to changes in disposable income.Marginal propensity to consume can be calculated as the change in consumption divided by the change in income, or MPC = ΔC/ΔY.

The value of MPC is always between 0 and 1, as any increase in income is either consumed or saved.When taxes are increased by $100 on everyone and there is a marginal propensity to consume of 0.9, it means that everyone would spend $90 less. This is because out of every additional dollar of disposable income, they spend 90 cents and save the remaining 10 cents.

Therefore, an increase in taxes would lead to a decrease in disposable income and a decrease in consumption expenditure by 90% of the change in disposable income.

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The title that Sadie is most likely to pick for the article, considering that her organization needs to sell ad space, is B. Few Fish Affected by Mercury, Study Finds.

The title of Sadie's investigation accurately portrays the rarity of local fish with high mercury levels. It puts forward an optimistic perspective by emphasizing the low incidence of mercury within these aquatic species, possibly sparking interest from advertisers and readers.

However, choosing option A which says No Need to Worry About Local Fish, may undermine concerns related to mercury poisoning risks in fish, hindering engagement from people and marketers alike.

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Answer:

a Venn diagram

Explanation:

A real world example of shadow pricing would be in a case where a manufacturer produces two product A and B with 2 input such as raw materials and labor.

Two products (A & B) are produced through the use of two primary resources: labor & raw materials. To produce one unit of product A, we require roughly an hour's worth (60 minutes) of work time from our available pool.

Also, approximately two pounds worth of our current stockpile must be incorporated into each instance as well. Comparatively speaking, producing one unit from group B takes almost three times that much effort (3 hours' time), but only requires about half as much by weight (a single pound).

Our maximum allowance stands at exactly 60 work-hours across all levels plus another hundred pounds maximum in terms concerning these earthly elements - with that established pricing amounts to a flat rate where five dollars buys us one metric pound whereas ten dollars goes towards hourly wages; so what is their shadow price?

When dealing with limited input availability, the optimal allocation of resources and production process optimization can be achieved using shadow prices. In this regard, it has been determined that labor's shadow price stands at $10 per hour while the shadow price for raw materials is set at $5 per pound.

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All of the factors that have to be included in the income statement are:

This is the term that is used to refer to the financial statement that would be made to show the revenue, the expenses and the profits that are made by a given company over a period of time. This is also called the earnings statement. It shows the revenue that is made from business.

Hence we can say that All of the factors that have to be included in the income statement are:

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A bank reconciliation statement is a report that explains the discrepancies between the bank balance in a company's financial records and the balance recorded in the bank's records. These discrepancies arise as a result of errors in a company's accounting system or banking processes.

Below is the given information for Atlas Travel to prepare a bank reconciliation statement for December 31st:Balance per bank statement $3,670Outstanding checks 2,450Deposits in transit 1,350Interest earned on account 20Bank service charge 25Balance per company's books 2,565

The reconciliation statement is presented below:Atlas Travel Bank Reconciliation Statement for December 31st Balance as per bank statement $3,670 Outstanding checks (2,450)Adjusted bank balance $1,220Add deposits in transit 1,350Adjusted balance $2,570

Deduct bank service charges (25)Add interest earned 20Adjusted book balance $2,565The adjusted bank balance is $1,220, obtained by deducting the outstanding checks from the balance as per the bank statement.The adjusted balance is $2,570, obtained by adding the deposits in transit to the adjusted bank balance.

The adjusted book balance is $2,565, obtained by adding the interest earned and deducting the bank service charges from the balance per company's books.

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Each features should be matched to the relevant inventory systems as follows;

An inventory can be defined as the raw materials or items that are used by a business firm (manufacturer or producer) for the manufacturing of finished goods, as well as goods that are in various stages to be made ready for sale to consumers.

In Economics, a perpetual inventory system is sometimes referred to as perpetual system of inventory and it can be defined as a method of financial accounting that typically involves updating information about an inventory on a continuous basis (in real-time) as the sales or purchases are being made by customers, especially through the use of enterprise management software applications and a digitized point-of-sale (POS) equipment.

Furthermore, an advantage of the perpetual inventory system (perpetual system of inventory) over the periodic system of inventory is that, it ensures the inventory account balance is always accurate provided there are no spoilage, theft, etc.

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Answer: Select Add

Explanation:

Here's the complete question:

You are reviewing your client's bank feed. She has several expense transactions for the local gas station that are correctly categorized.Go to the For Review tab in the Banking CenterSelect the multiple gas transactions_____________________________What step completes the process for adding all of these transactions to the bankfeed at the same time?

a. Select Add

b. Select Accept

c. Select Exclude

d. Select Update

This is an easy question to solve. Since we are just adding all of these transactions to the bankfeed at the same time, the thing to do is to "select add"

Answer:

Six practices of HRM are as :

Explanation:

Answer:product differentiation

Explanation:

According to College policy, is the most severe sanction for academic misconduct written or verbal warning.

The most serious type of academic dishonesty, contract cheating or commissioning, involves having someone else complete your work and submit it as their own. It can entail using "essay mills," dishonest businesses that charge students money to complete tasks.

Cheating.

Plagiarism.

falsehood or fabrication.

Sabotage.

The most typical form of academic dishonesty—and the one that is also the simplest to accidentally commit—is plagiarism.

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The mean and sd for the # of defects for pairs of shoes are:

mean=0.007 and sd= 0.2343

What is a defective product?

Any element that hinders a product from being used for the intended function for which it was designed is considered a defect. In cases involving product safety, where it is most frequently used, the term "product defect" is used to describe "anything that renders the product not fairly safe." To be more specific, a faulty product is one that causes injury to a person due to a weakness in the design, the production process, or the marketing strategy. Some of the most frequent examples of defective products include food items, medical devices, and children's toys. A manufacturing fault product liability claim can be made if, while you were driving, your car tire split off because of a mistake in the way the automaker mounted it.

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The necessary entry to illustrate the information is written below.

One of a company's financial accounts, the income statement or profit and loss account, lists the company's receipts and outgoings for a specific time period.

Sales  $ 480,000

Variable Expenses  

COGS $ 336,000

Selling Expenses $ 24,000

Admin Expenses $ 24,000

$ 384,000

Contribution Margin  $ 96,000

Selling Expenses $ 48,000

Admin Expenses $ 19,200

$ 67,200

Net Income  $ 28,800

Sales  $ 480,000

Variable Expenses  

COGS $ 336,000

$ 336,000

Gross Margin  $ 144,000

Selling Expenses $ 72,000

Admin Expenses $ 43,200

$ 115,200

Net Income  $ 28,800

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A Personal Impact Improvement Plan is a means of making small lifestyle changes to reduce one's impact on the environment. It is a series of simple lifestyle changes that can make a huge difference. An environmentally friendly lifestyle is beneficial for the environment, our health, and the economy.

Following are some tips for living an environmentally friendly life: Reducing water usage: Water is an essential natural resource. Conserving water saves money and energy while protecting the environment. This can be achieved by reducing shower times, using a low-flow showerhead, and fixing leaky taps. Reducing energy usage: The use of energy affects the environment, both locally and globally.

By conserving energy, we can save on our energy bills and reduce pollution. This can be achieved by using energy-efficient lighting, unplugging electronics when not in use, and reducing heating and cooling requirements.

Reducing plastic usage: Plastic waste is a significant problem for the environment. It takes a long time to decompose, and it is not biodegradable. This can be achieved by using reusable bags, bottles, and straws.

Reducing carbon emissions: Carbon dioxide is a greenhouse gas that contributes to climate change. This can be achieved by walking, cycling, or taking public transport instead of driving and reducing air travel.

Setting goals for your own improvement is essential. Specific, realistic, and achievable goals can be set to make lifestyle changes more manageable.

The goals should be tailored to the individual and their circumstances. For example, a person can aim to reduce their energy consumption by 10% by using energy-efficient lighting and unplugging electronics when not in use.

Another person can aim to reduce their water usage by fixing leaky taps and reducing shower times. It is important to remember that small changes can make a big difference, and everyone can do their part to help the environment.

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Answer:

-1.83%

Explanation:

The closing price was 12,743.40, which was down by .

it means that the opening price was

$12,743.40 +  $237.44 = $12,980.44.

The percentage return will be the

return/ original price x 100

=- - 237.44/12,980.44 x 100

=  - 0.018291574 x 100

=  - 1.83%

An organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration

Businesses that adopt an organizational structure based around projects while keeping employees in their respective departments often follow a matrix or hybrid organizational structure. This approach allows organizations to leverage the benefits of both functional departments and project teams.

In this structure, employees are grouped into functional departments based on their areas of expertise or skills. These departments, such as finance, marketing, human resources, and operations, provide specialized support and resources to various projects within the organization. Each department is typically led by a department head or manager responsible for overseeing the department's operations and ensuring the delivery of functional objectives.

On the other hand, project teams are formed to address specific business objectives or initiatives. These teams are comprised of individuals from different departments who possess the necessary skills and expertise to achieve project goals. The project teams are usually led by a project manager who is responsible for coordinating activities, managing resources, and ensuring the successful completion of the project within the specified timeline and budget.

By adopting this organizational structure, businesses can maximize efficiency and resource utilization. Employees benefit from the stability and specialization offered by their department, allowing them to develop deep expertise in their functional areas. At the same time, they also have the opportunity to contribute their expertise to cross-functional project teams, enabling them to broaden their skills, collaborate with colleagues from different backgrounds, and gain exposure to diverse projects and challenges.

This structure facilitates better communication and coordination between departments, as project teams act as intermediaries, ensuring that information and resources flow seamlessly between the departments and the projects. Additionally, it encourages a culture of innovation and flexibility, as employees have the opportunity to contribute their unique perspectives and expertise to different projects, fostering a cross-pollination of ideas.

Overall, an organizational structure based around projects while employees remain in their departments combines the advantages of functional specialization and project-oriented collaboration, enabling businesses to efficiently execute projects while maintaining the stability and expertise of functional departments.

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Answer:

searching for scholarships or choosing an adorable school

Answer:

should understand deeply to put well the newsletter in approximately file card so as to avoid misplace and disappear of potential file.

Answer:

Ethics of accounting information is providing accounting information to make good economic decisions in the financial statement of the organization.

Explanation:

Answer:

Personal income tax is generally computed as the product of a tax rate times taxable income

Explanation:

Answer:

a personal income tax is a tax imposed on individuals or entities that varies with respective income or profits .

Explanation:

Income that people get from wage or salaries, your social security and other governmental benefits.

Based on the information, the Marginal revenue at quantity 3 will be $16.

The marginal revenue at quantity three jackets is $16. This can be found by looking at the difference between the revenue generated by selling three jackets and the revenue generated by selling two jackets. The revenue generated by selling three jackets is $48, and the revenue generated by selling two jackets is $32. The difference between these two values is $16, which is the marginal revenue at quantity three jackets.

Here is a breakdown of the calculations:

Revenue generated by selling 3 jackets = $48

Revenue generated by selling 2 jackets = $32

Marginal revenue at quantity 3 = $48 - $32 = $16

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Answer:

The best answer would be C. Ultra-high-net-worth investors. Can I get brainliest

Option B is correct. The main reason that people purchase insurance policies is because they want to avoid paying for major unexpected expenses.

An insurance policy can be defined a contract between the insurer and the policyholder which determines the claims which the insurer is legally required to pay. The policy is enforced in an exchange for an initial payment known as the premium in which the insurer promises to pay for loss caused by perils covered under the policy language.

Most of the insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts. Because these insurance policies are standard forms, they often feature boilerplate language which is similar across a wide variety of different types of insurance policies.

Some examples of the popular insurance policies includes a Life Insurance, Health Insurance, Disability Insurance, Homeowner's Insurance, Automobile Insurance, Liability Insurance etc,

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The  situation that a saving account be the best investment to earn interest are:

For short-term financial goals and quick access to funds, choose a savings account - safe, liquid, and earns interest. An emergency fund is a safety net for unexpected expenses. Store it in a savings account for easy access and interest.

Choose a savings account for conservative investing. Insured by the government, providing extra protection." Saving for short-term expenses: If you have a specific expense coming up, like a vacation or a down payment, save accordingly.

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When there is a lack of control, wrongdoings occur quickly because the barrier to their work entails an end.

Internal controls have been put in place by management, among other things to guarantee the accuracy of the company's financial statements. Internal controls that are significant to an audit include bank reconciliations, password security systems for accounting software, and inventory observations.

Internal controls provide a believable assurance that objectives will be reached.

Thus, When there is a lack of control, wrongdoings occur quickly.

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The full question was missing-

One of your friends has opened a new wholesale electronics business and wants your help figuring out some inventory issues they are facing.One night last week, there seemed to be fewer HD televisions in the warehouse than they expected. The last time they were in the warehouse was

a week earlier, and they hadn't noticed anything amiss.

As they looked around, they saw that the evening warehouse worker was filling the last orders of the day. The delivery driver and day warehouse

worker were gone for the day, and the delivery van keys were on the desk that the warehouse workers shared. The doors to the loading dock were

open, as was the door to the office area where the accountant, two customer service specialists, and the owner worked.

Knowing that you are familiar with accounting principles, they asked for your help in figuring out how to prevent this in the future.