a. This is a complex capital structure
b. Basic EPS = (Net income - Preferred dividends) / Weighted average number of common shares outstanding.
Diluted EPS = $2.26
Diluted EPS = ($120,000 - $7,000) / 50,000 = $2.26 per share
Net income = $120,000
Preferred dividends = 2,000 shares x $50 par x 7% = $7,000
Weighted average number of common shares outstanding = 50,000 shares
Diluted EPS = (Net income - Preferred dividends) / (Weighted average number of common shares outstanding + potential common shares from options).
To calculate potential common shares from options, we use the treasury stock method:
Potential common shares from options = (Options exercisable at $15 - average market price) / $15
Potential common shares from options = (10,000 - $25) / $15 = -667 (rounded up).
Since the potential common shares from options are negative, we do not need to include them in the diluted EPS calculation.
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Differentiate between economic and non economic activity with example.
Answer:
Economic activity refers to a human activity related to production and consumption of goods and services for economic gain. Non-economic activity is an activity performed gladly, with the aim of providing services to others without any regard to monetary gain. Economic, i.e. to earn money.
Explanation:
Answer:
Economic activities are performed for economic motive, i.e. earning profit. Any activities involving money or the exchange of products or services are economic activities.For instance, running a small business is a great example of economic activity.
On the other hand, non-economic activities are performed due to social or psychological reason. These are those activities which do not give income in return. They also do not contribute to the flow of goods and services in the economy.
Explanation:
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In a perpetual system, the entry to record a purchase of merchandise on account includes a _____. (Check all that apply.)
a. credit to Inventory
b. debit to Accounts Payable
c. credit to Accounts Payable
d. debit to Accounts Receivable
e. debit to Inventory
f. credit to Accounts Receivable
In a perpetual system, the entry to record a purchase of merchandise on account includes a credit to Accounts Payable, debit to inventory.
What is accounts?The process of gathering, accumulating, and reporting information on business organization and financial written evidence. Also, this system's guidelines and practices. As a first-year student, I studied explanation work done in accounting or by accountants.
As credit to Accounts Payable - when the establishment is released from its legal obligation to pay the financial obligation. Accounts payable are a type of susceptibility, meaning they are a debt your company owes.
As debit to Inventory - The costs of the goods that were traded are credited to merchandise and are debited to the financial gain statement account, Cost of Advantages Sold.
Therefore, The right option (C and E) is correct.
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In which situation would a person pay a higher property tax than he or she did the year before?
A. The value of the person's home increased.
B. The number of dependents the person had increased.
C. The salary the person earned increased
D. The amount the person spent on electronics increased.
A person would pay a higher property tax than he or she did the year before when A. the value of the person's home increased.
What is property tax?Property tax is an ad valorem tax levied on real estate, such as a building or a residential home, that is owned by an individual or another legal body, such as a corporation.
It is an ad valorem tax because it is based on the assessed value of the property.
As a result, the higher the value of a property compared to the year before, the higher the property tax.
Therefore, a person would pay a higher property tax than he or she did the year before when the value of the person's home increased.
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Scot and Jopin are in partnership. They share profits in the ratio: Scot 70 per cent; Jopin Purchases136,680 Debtors and creditors41,94032,216 (d)Charge interest on capitals at 5 per cent. Office equipment3,600 (b)Office expenses owing £240. Provision for depreciation at 31. 12. 20X6: Stock at 31 December 20X638,410 Salaries27,400 (a)Stock 31 December 20X7 £41,312 Draw up a set of final accounts for the year ended 31 December 20X7 for the partnership. The fol (c)Provide for depreciation: motor 25 per cent of cost, office equipment 20 per cent of cost Office equpment at cost9,200 Drawings: Scot17,500 Cash at bank2,118 lowng notes are applicable at 31 December 20X7 DrCr Joplin16,000 Capita accounts: Scot50,000 Discounts allowed312 Sales180,400 Current accounts at 31. 12. 20X6 Cash in hand317 313,407313,407 Motor vehicles12,800 Jopln7,009 ££ 30 per cent. The folowng trial balance was extracted as at 31 December 20X7. Scot7,382 Office expenses2,130 Motor vehices at cost21,400 Joplin20,000 Required: (e)Charge interest on drawings: Scot £300; Joplin £200.
a. Profit per partner is 0.23.
b. The partners owe Scot and Joplin is £59,295 each.
c. Total provision for depreciation is 11,344
d. Interest on capital is £1,800
e. Total interest payable is £1,000
f. The total debit and credit amounts do not agree, which indicates that there is an error in the trial balance. Total 750,000.
(a) The profits for each partner, we need to calculate the total sales and subtract the total expenses, and then divide the result by the total capital.
Total sales = 180,400
Total expenses = (office expenses + motor vehicle depreciation) + drawings + provisions for depreciation + discounts allowed + cash in hand
= (2,130 + 30,000 + 16,000 + 312 + 2,118) + (17,500 + 7,009) + (50,000 + 31,200) + (312 + 30% of 41,940)
= 147,643 + 17,500 + 50,000 + 312 + 2,118
= 242,054
Total capital = 50,000 + 70,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000 + 50,000
= 750,000
Profit per partner = Total sales / Total capital
= 180,400 / 750,000
= 0.23
(b) The total drawings of Scot and Joplin are 17,500 + 20,000 = 37,500. The total profit after paying for the provision for depreciation is 180,400 - 31,200 - 240 - 38,410 = 118,590. Therefore, the partners owe Scot and Joplin £118,590 / 2 = £59,295 each.
(c) The provisions for depreciation for motor vehicles and office equipment are calculated as follows:
Depreciation on motor vehicles = 21,400 / 70% = 30,600
Provision for motor vehicles = 30,600 x 25% = 7,150
Depreciation on office equipment = 41,940 / 20% = 20,970
Provision for office equipment = 20,970 x 20% = 4,194
Total provision for depreciation = 7,150 + 4,194 = 11,344
(d) The interest on capital is calculated as follows:
Interest on capital = 5% x 50,000 x 12 x 3 / 2 = £1,800
(e) The interest on drawings is calculated as follows:
Interest on drawings = 300 x 2 = £600
Interest on Joplin = 200 x 2 = £400
Total interest payable = £600 + £400 = £1,000
(f) The trial balance at 31 December 20X6 is:
Debit:
Cash 313,407
Motor vehicles 21,400
Joplin 20,000
Drawings 16,000
Provision for depreciation 31,200
Current accounts 312
Discounts allowed 312
Credit:
Sales 180,400
Office expenses 2,130
Motor vehicle expenses 30,000
Provision for depreciation on motor vehicles 7,150
Provision for depreciation on office equipment 4,194
Expenses paid in advance 17,500
Drawings 17,500
Interest payable 1,000
Total 750,000
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A model that shows the trade-offs and opportunity costs of producing an additional unit of a good relative to what must be given up in the production of another good.
Answer:
production possibilities curve (PPC)
Explanation:
The PPC is used to explain the tradeoffs that producers face when having to choose between 2 different alternative products or services. The more they choose of one product, the less they will be able to produce of the other product. Opportunity costs are the associated costs or benefits lost resulting from choosing one activity or investment over another alternative.
which of the following statements is true? group of answer choices a perfectly competitive market produces more output and charges the same price as a single-price monopoly. a perfectly competitive market produces more output and charges a lower price than a single-price monopoly. a perfectly competitive market produces less output and charges the same price as a single-price monopoly. a perfectly competitive market produces less output and charges a lower price than a single-price monopoly.
The following statements "A perfectly competitive market produces more output and charges the same price as a single-price monopoly" is true
There are lots of buyers and sellers, uniform products, no transaction fees, no obstacles to entry or departure, and perfect knowledge of the price of a thing. These are the characteristics of a market that is perfectly competitive.
No matter how many units are sold, the market price is always added to the total income, hence in a completely competitive market, price always equals marginal revenue. As a result, when we state that price equals marginal revenue, we are simultaneously stating that marginal revenue equals marginal cost.
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assume the economy has 100 workers, 80 of which are employed and 20 of which are unemployed. 10 of the unemployed workers stop looking for work after 4 weeks, what happened to the unemployment rate?
In the given situation when 10 of the unemployed workers stop looking for work after 4 weeks, the unemployment rate fell from 20% to 12%.
Those who are out of work and actively seeking employment are considered to be unemployed. By dividing the total number of employed persons by the total number of jobless people, and multiplying the result by 100, we may determine the unemployment rate.
The percentage of persons who wish to work but are unemployed is indicated by the unemployment rate. Usually a trailing indicator, it follows rather than predicts changes in the economy.
The labor force is comprised of both employed people and unemployed people, and the unemployment rate is calculated by dividing the number of jobless people by the total labor force.
Labor force = Employed people + Unemployed people
= 80+20
=100
Unemployment rate = Unemployed people ÷ Total labor force × 100
= 20 ÷ 100 × 100
= 20%
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Felix & Co. reports the following information about its sales and cost of sales.
Period Units Sold Cost of Sales Period Units Sold Cost of Sales
1 0 $ 2,560 6 2,060 5,560
2 460 3,160 7 2,460 6,160
3 860 3,760 8 3,280 6,760
4 1,260 4,360 9 3,260 7,360
5 1,660 4,960 10 3,660 8,050
Hint: (Draw an estimated line of cost behavior using a scatter diagram offline.)
Complete the below table to calculate the fixed cost and variable cost of sales by using the high-low method.
High-Low Method - Calculation of variable cost per unit
Change in cost Cost at high point minus cost at low point 0
Change in volume Volume at high point minus volume at low point
High-Low Method - Calculation of fixed costs
Total cost at the high point $ 8,050.00
Variable costs at the high point:
Volume at the high point
Variable cost per unit
Total variable costs at the high point
Total fixed costs
Total cost at the low point
Variable costs at the low point:
Volume at the low point
Variable cost per unit
Total variable costs at the low point
Total fixed costs
Variable costs at the low point is Total variable costs at the low point (which will be calculated later). Volume at the low point is from the table. Variable cost per unit is calculated earlier. Total variable costs at the low point are Variable cost per unit * Volume at the low point.
To calculate the fixed cost and variable cost of sales using the high-low method, we will use the information provided in the table. Let's calculate the variable cost per unit and the fixed costs.
High-Low Method - Calculation of variable cost per unit:
Change in cost = Cost at high point minus cost at low point
Change in volume = Volume at high point minus volume at low point
Variable cost per unit = Change in cost / Change in volume
High-Low Method - Calculation of fixed costs:
Total cost at the high point = $8,050
Variable costs at the high point = Total variable costs at the high point (which will be calculated later)
Volume at the high point = Volume at the high point from the table
Variable cost per unit = Variable cost per unit calculated earlier
Total variable costs at the high point = Variable cost per unit * Volume at the high point
Total fixed costs = Total cost at the high point - Total variable costs at the high point
Total cost at the low point = Cost at the low point from the table
Variable costs at the low point = Total variable costs at the low point (which will be calculated later)
Volume at the low point = Volume at the low point from the table
Variable cost per unit = Variable cost per unit calculated earlier
Total variable costs at the low point = Variable cost per unit * Volume at the low point
Total fixed costs = Total cost at the low point - Total variable costs at the low point
By using the provided information and calculating the variable cost per unit and the fixed costs, you can complete the table and determine the values for Total variable costs at the high point, Total variable costs at the low point, and Total fixed costs.
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Using the six forms of power, describe scenarios in your
work environment where you have seen each type of power effectively
employed.
In any organization, there are six distinct types of power that can be leveraged to achieve business objectives. Power can be employed to influence others, to lead others, or to build trust and cooperation. The six forms of power are:
Reward powerCoercive powerExpert powerLegitimate powerReferent powerInformational powerScenario 1: Reward Power
Reward power is the ability to reward a person or group for taking a desired action. In my previous job, I saw that the sales manager of our organization had the ability to reward a sales representative who achieved his sales targets with a promotion or a higher salary. This power motivated the sales representative to achieve their targets and increased their productivity.
Scenario 2: Coercive Power
Coercive power is the ability to punish someone for failing to meet expectations. In my current job, I have seen my supervisor using coercive power by giving warnings to employees who have not completed their work on time. This power was used to motivate employees to complete their work on time.
Scenario 3: Expert Power
Expert power is the ability to influence others based on one's knowledge or expertise in a specific area. In my organization, we have a digital marketing expert who is considered an expert in her field. Her knowledge and expertise have enabled her to influence others and lead the digital marketing team.
Scenario 4: Legitimate Power
Legitimate power is the ability to influence others based on the position or authority one holds within an organization. In my organization, our manager has legitimate power, as he has the authority to approve or reject projects, assign tasks to team members, and make decisions on behalf of the team.
Scenario 5: Referent Power
Referent power is the ability to influence others based on the admiration and respect they have for the person holding the power. In my previous job, we had a team leader who was respected by all the team members. She was a role model for the team, and her values and principles influenced the team to perform better.
Scenario 6: Informational Power
Informational power is the ability to influence others based on the information that one possesses. In my organization, we have a data analyst who has access to all the organization's data and information. This power allows her to influence the decision-making process of the organization and provide valuable insights to the management team.
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A tractor for over the road hauling is purchased for $ 90,000. It is expected to
be of use to the company for 6 years, after which it will be salvaged for $ 4,000.
Calculate the depreciation deduction and the unrecovered investment during each year of the tractor’s life
a. use straight line depreciation
b. Use declining balance depreciation sing a rate that ensures the book value equals the salvage value
c.Use double declining balance depreciation
d.Use double declining balance switching to straight line depreciation
The depreciation deduction and unrecovered investment for each year of the tractor's life using different depreciation methods are as follows:
a. Straight line depreciation:
Depreciation deduction per year = (Initial cost - Salvage value) / Useful life
Unrecovered investment per year = Initial cost - Accumulated depreciation
b. Declining balance depreciation (book value equals salvage value):
Depreciation deduction per year = Book value at the beginning of the year * Declining balance rate
Unrecovered investment per year = Initial cost - Accumulated depreciation
c. Double declining balance depreciation:
Depreciation deduction per year = Book value at the beginning of the year * Double declining balance rate
Unrecovered investment per year = Initial cost - Accumulated depreciation
d. Double declining balance switching to straight line depreciation:
Depreciation deduction per year = Calculated using double declining balance until the straight line rate is greater than the double declining balance rate, then switch to straight line depreciation
Unrecovered investment per year = Initial cost - Accumulated depreciation
a. Straight line depreciation evenly distributes the depreciation expense over the useful life of the tractor. Each year, the same amount is deducted, resulting in a linear reduction in the asset's value. The unrecovered investment decreases gradually over time.
b. Declining balance depreciation front-loads the depreciation expense, with higher deductions in the earlier years. This method aims to reflect the faster wear and tear of the asset in its early life. The unrecovered investment decreases more rapidly in the beginning and then slows down over time.
c. Double declining balance depreciation is an accelerated method that allows for higher deductions in the early years, gradually reducing the depreciation expense in subsequent years. It recognizes the asset's higher utility and higher depreciation during the initial years. The unrecovered investment decreases at a faster pace initially.
d. Double declining balance switching to straight line depreciation combines the advantages of both methods. It utilizes the accelerated depreciation in the initial years and then switches to straight line depreciation when the straight line rate becomes higher than the double declining balance rate.
This ensures a fair and consistent depreciation deduction throughout the asset's useful life. The unrecovered investment decreases accordingly, reflecting the change in depreciation method.
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Which of the following institutional structures promote and sustain modern economic growth? Multiple select question. Patents and copyrights giving inventors and authors the exclusive right to market and sell their creations for a period of time A system of tariffs and complete government autonomy promoting domestic production and positive net exports Strong property rights that give citizens the right to own investments and property Financial institutions that channel the savings generated by households toward businesses, entrepreneurs and inventors Widespread education for the workforce that will promote new technology innovations and implementation
Answer:
47
Explanation:
40?
The insitutional structures that promted the economic growth should be
Financial institutions A competitive market systemPatents and copyrightsStrong property rights Widespread education Promotion of the institutional structures for the economic growth:The financial insitutions where the saving should be produced by the household for the inventors, businesses, etc. There should be the market system i.e. competitive in nature where the prices & profits represent the signals for how to make and what to make. The patent & copyrights provides the inventors the right for sell the creations. There should be strong property rights where the citizen has the right for their investment and property. And, there should be enough education for the working class so that the innovation related to the technology should be promoted.
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How do you respond to a delayed customer?
If you are responsible for a delay in fulfilling a customer's order or request, it is important to apologize for the inconvenience and provide an explanation for the delay. You should also provide an estimated time for when the customer can expect the issue to be resolved and offer any assistance or compensation that may be appropriate.
It is important to keep the customer informed throughout the process and to follow up to ensure that the issue has been resolved to their satisfaction.
Here is an example of how you might respond to a customer who has experienced a delay:
"Dear [customer],
I am sorry for the delay in fulfilling your order. We have encountered an unexpected issue with our supply chain that has caused the delay. We are working to resolve the issue as quickly as possible and expect to have your order shipped within the next [time frame].
In the meantime, please accept our sincere apologies for any inconvenience this may have caused. We value your business and appreciate your patience while we work to resolve this issue. If you have any questions or concerns, please don't hesitate to contact us.
Sincerely, [Your Name]"
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A large screen television typically consumes a larger faction of a consumer’s budget (income) than a pencil. therefore, you would expect the demand for:________
A large screen television typically consumes a larger fraction of a consumer's budget (income) than a pencil. Therefore, you would expect the demand for large screen televisions to be more income elastic compared to the demand for pencils.
Income elasticity of demand measures the responsiveness of the quantity demanded of a good to changes in income. When a good consumes a larger fraction of a consumer's budget, it is considered a relatively more expensive or luxury item. As a result, the demand for such goods tends to be more sensitive to changes in income. For large screen televisions, which are typically higher-priced items, an increase in consumer income may lead to a significant increase in demand. When consumers have more disposable income, they are more likely to allocate a larger portion of their budget to purchasing a television. On the other hand, a decrease in income may lead to a substantial decline in demand for large screen televisions, as they become relatively less affordable. In contrast, pencils are generally low-cost items that constitute a small fraction of a consumer's budget. The demand for pencils is likely to be less income elastic, meaning that changes in income would have a relatively smaller impact on the quantity demanded of pencils.
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Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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1 Jonah is employed as a joiner by a firm whose main business
activity is building houses. The firm also employs bricklayers,
plumbers, painters and other skilled tradesmen. Other factors
of production are used when building houses. The owner of
the firm, Jack, believes that specialisation of labour brings
many benefits to the business and its employees.
In his spare time, Jonah makes wooden toys which his sister
sells on her stall at the local market. He buys the wood and
other resources from a local supplier. The wooden toys have
been so successful that Jonah has decided to leave his job
as a joiner to set up his own toy-making business.
a
Identify two stages of business activity.
b Define 'opportunity cost'.
c Identify four factors of production.
d
Explain two ways Jonah could add
value to his toys.
[2]
[2]
[4]
[6]
e Do you agree with Jack that 'specialisation of labour
brings many benefits to the business and its employees'?
Justify your answer.
[6]
a) The business existence cycle is the progression of a commercial enterprise in phases over time and is most typically divided into 5 stages: launch, growth, shake-out, maturity, and decline.
b) Opportunity fee is the forgone advantage that would have been derived from an alternative no longer chosen. To proper evaluate chance costs, the charges and advantages of each choice available should be viewed and weighed in opposition to the others.
c) In economics, factors of manufacturing are the resources humans use to produce goods and services; they are the constructing blocks of the economy. Economists divide the factors of manufacturing into 4 categories: land, labor, capital, and entrepreneurship.
e) Yes, I am agree. the owner of ther firm, jack believes that specialisation of labour brings many benefit to the commercial enterprise and its workers. in his spaee time johan makes timber toys which his sister sells at her stall at the nearby market.
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ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work
The probability weighted average of the interest rate future values at the end of each of the three periods is used to determine this, and the future values are then discounted back to the present using the interest rate.
The tree is built using the current stock price and a simulation of the up and down movements over the course of the three periods using the provided probability and percentage changes.
Each end node's option value is determined before being processed back up the tree to the starting node. The starting node's computation serves as the end option value.
The stock's annual payout range is $27 - $17 = $10.
If the stock price is $27 when the option expires, its value will be =$27-$22 =$5.
If the stock price is $17, the option will also have no value.
The stock option has a payment range of $5 and $0;0 = $5.
To determine the amount of stock shares, balance the range:
$5/10 = 0.5 Option range/Stock range
The stock option payoff for 0.5 shares will be either $13.5 or $8.5. The payout for the portfolio and options will be $13.5- $5, which equals $8.5, or $8.5 $0; 0 = $8.5.
PV = $8.5/ (1+) is the present value of $8.5 at the daily compounding risk-free rate.
Complete question:
ABC stock is currently selling for $120. The exercise price of the call option is $125. Using a one-period binomial model, calculate the price of the call option assuming an interest rate of 3% per year. Assume further that over the next year, the stock price will either increase by 10% or decrease by 10%. What is the price of the call option? Show detailed work?
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profit is the only
Organizational objectives of the business.Do you agree
Explanation:
I agree because without profit what's the use of the business
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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A jacket costs $50, and the markup is $49.99. What
is its retail price?
The retail price of the jacket is $99.99.
What is retail price?The retail price can be defined as the final price that a good is sold to customers for, those being the end users or consumers and this means that those customers do not buy the product to re-sell it but to consume it. Retail price is not similar to the manufacturer price and distributor price, which are prices set from one seller to another through the supply chain. In competitive, free markets, the final seller or retailer sets the retail price considering costs as well as supply and demand conditions.
When setting the price, the retailer will try to obtain an appropriate profit margin but at the same time to show an attractive price in comparison to competitors. The manufacturer can recommend a retail price in order to have some influence in the decision and thus to guarantee a price aligned to the marketing strategy.
A retail price is the cost paid for a good at retail stores.
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al heard rumors that the company where he has been employed for 10 years may reduce personnel. he just bought a new home. what insurance may be best for him right now? life insurance and unemployment insurance unemployment insurance and property insurance personal injury insurance and retirement insurance accident insurance and property insurance
Given the situation where Al heard rumors about potential personnel reduction in the company where he has been employed for 10 years, the best insurance for him right now would be unemployment insurance and property insurance. Unemployment insurance would provide financial protection in case Al faces job loss or reduced work hours, while property insurance would safeguard his new home against unforeseen damages or losses.
Unemployment insurance is designed to provide income replacement in the event of job loss or reduced employment. It offers temporary financial support to individuals who qualify for benefits based on their employment history and specific circumstances. With the rumors of potential personnel reduction, having unemployment insurance would provide Al with a safety net, helping him cover essential expenses during a period of unemployment or reduced income.
Additionally, purchasing property insurance for his new home would be crucial to protect his investment. Property insurance provides coverage against various risks such as fire, theft, natural disasters, or accidents that may cause damage to the property. As Al just bought a new home, having property insurance would give him peace of mind knowing that he is financially protected in case of any unexpected property-related incidents.
By having both unemployment insurance and property insurance, Al would be taking proactive steps to mitigate potential financial risks during a period of job uncertainty and protect his newly acquired asset, providing a sense of security and stability in uncertain times.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
You are a potential stockholder and are concerned that a particular company you are ready to invest in, might have too much debt. which financial statement would provide you with the information needed to evaluate your concern?
You are a potential stockholder and are worried that a particular company you want to invest in has a large amount of debt. The financial statement that provides the information necessary to assess concerns is the balance sheet.
What are balance sheets?A balance sheet is a summary of a company's assets, liabilities and equity at a particular point in time. It is one of the basic documents that make up a company's financial statements. There are three types of balance sheets: Comparative balance sheet. Vertical balance sheet and Horizontal balance sheet.
Why use a balance sheet?A balance sheet provides a snapshot of a company's financial position at a particular point in time. In addition to income and cash flow statements, the balance sheet helps business owners assess the financial health of their company. A balance sheet report on the organization's assets (what it owns) and liabilities (what it owes).
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Auditing Fundamentals:
9-Using audit data analytics to perform a substantive test when controls have been tested and found to be strong will likely A-increase the amount of time for testing. B-provide a low level of assurance. C-allow 100% of the population to be tested. D-create a sample that can be audited.
10-What is an important characteristic of a good visualization? A-minimizes the use of colour. B-requires additional written explanation. C-small axis scaling. D-as many details as will fit on the visualization
11-If an analytical procedure supports management representations, it provides
A-minimal evidence.
B-corroborative evidence.
C-key item evidence.
D-persuasive evidence.
Using audit data analytics with strong controls will likely: create an auditable sample. A good visualization: requires a written explanation. An analytical procedure supporting management representations provides corroborative evidence. Options D, B, and B are correct.
9- Using audit data analytics (ADA) to perform a substantive test when controls have been tested and found to be strong will likely create an auditable sample. ADA allows auditors to analyze large volumes of data quickly and efficiently, enabling them to select a sample that is representative of the population being tested. By utilizing ADA, auditors can identify patterns, anomalies, or exceptions in the data that may indicate potential risks or errors.
10- An important characteristic of a good visualization is that it requires additional written explanation. While visualization can provide a concise and visual representation of data, it may not always provide all the necessary context and details. Written explanations can help clarify the information presented in the visualization, provide additional insights, and ensure that the audience understands the key messages and findings accurately.
11- If an analytical procedure supports management representations, it provides corroborative evidence. Analytical procedures involve comparing financial or non-financial data to expectations and investigating significant variances or inconsistencies. When these procedures align with management's assertions or representations about the financial statements, they serve to corroborate the accuracy and reliability of the information provided by management. However, it's important to note that analytical procedures alone may not provide conclusive evidence and should be used in conjunction with other audit procedures to obtain persuasive evidence.
Options D, B, and B are correct.
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a partner has express authority to do whatever he or she is authorized to do by the articles of partnership
True. In a partnership, the partners' authority to act on behalf of the partnership is typically defined in the articles of partnership or partnership agreement.
Express authority refers to the specific powers and responsibilities granted to a partner as outlined in these governing documents. If the articles of partnership explicitly authorize a partner to perform certain actions or make decisions, then that partner has the express authority to do so. This means they have the power and authorization to act on behalf of the partnership within the scope of their designated responsibilities.
However, it's important to note that express authority can vary depending on the specific provisions outlined in the articles of partnership. It is crucial for partners to review and understand these provisions to ensure they are acting within the boundaries of their authorized powers and responsibilities.
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Which factor might pose the greatest risk to a person applying for a credit
card for the first time?
O A. A short grace period
B. A low introductory credit limit for the first six months
C. A lack of fees
D. A low introductory rate that will increase over time
A low introductory rate that will increase over time is the factor might pose the greatest risk to a person applying for a credit card for the first time. Hence, option D is correct.
What is introductory rate?Introductory rate is the interest rate that is charged to the person at the initial stage of the loan. The interest rate can be minimal, or it is not necessary to charge the interest rate.
The introductory rate is used to sell the loan to customers and make it seem appealing. They may or may not apply to cash advances, although they are frequently utilized for the application of balance transfers.
Thus, option D, A low introductory rate that will increase over time is correct.
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Theresa works as a Risk Management Specialist for an investment corporation. Which best describes her educational pathway?
an associate’s degree, then a bachelor’s degree
a master’s degree, then a vocational school
a vocational school, then an associate’s degree
a bachelor’s degree, then a master’s degree
Answer:
probably way too late for you but if anyone else is still searching for this answer, if it isn't b, it might be D. either way, vocational school in the answer doesn't sound quite right.
Theresa works as a Risk Management Specialist for an investment corporation. the best description for her educational pathway is a bachelor’s degree, then a master’s degree. Option D. This is further explained below.
What is education?Generally, education is simply defined as methodical teaching, particularly in a school or university setting.
In conclusion, Theresa works for an investing firm as a Risk Management Specialist. Her educational journey is best described as a bachelor's degree followed by a master's degree.
The Option D(a bachelor’s degree, then a master’s degree) can be the only path as the right steps are vocational school, bachelor's degree, Masters degree, then Associates degree.
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Three examples: how does today’s technology make it easier for someone to steal your identity ?
Explanation:
They can take information from social media, they can find your public records, and they can track you.
A person who makes goods or provides services is called a
Answer:
Manufacturers
Explanation:
Because I said
Top managers of Kellogg India ltd received unsettling reports of a gradual drop in sales. Managers realized that it would be tough to get the Indian consumer to accept its products. Kellogg banked heavily on the quality of its crispy flakes. However, pouring hot milk on the flakes made them soggy and did not take good and not many Indian consumers like to have them with cold milk. A typical average middle class Indian family did not have breakfast on regular basis like their western counterparts. Those who did have breakfast, consumed parathas, idles , bread, butter, jam, milk tea and local food preparations. According to analysis, a major reason for kellogg’s failure was the fact that the tastes of its product did not suit Indian breakfast habits. Kellogg sources were however quick to assert that the company was not trying to change these habits; the idea was only to launch its products on the health platform and make consumers see the benefit of this healthier alternative. Another reason for low demand was premium pricing adopted by the company
Disappointed with the poor performance, Kellogg decides to launch two of its highly successful brands- chocos and frosties in India. The success of these variants took even Kellogg by surprise and sales picked up significantly. This was followed by the launch of chocos breakfast cereal biscuits. The success of chocos and Frosties also led to kellogg’s decision to focus on totally Indiansing its flavors in the future. Kellogg also introduced packs of different sizes to suit Indian consumption patterns and purchasing power. Kellogg tied up with the Indian diet association to launch a nationwide public service initiative to raise awareness about iron deficiency problems. The company has also modified its product, particularly the addition of iron fortification in breakfast cereals. However, Kellogg continued to have the image of a premium brand and its consumption is limited to a few well of sections of the Indian market. Question
Question 1:- How effectively Kellogg has met conditions of marketing concept?
Question 2:- Suggest ways how Kellogg can have more influence on consumption behavior of Indian consumer?
Question 3:- SWOT Analysis of Kellogg
Kellogg can have more influence on Indian consumers by focusing on localization, affordability, targeted marketing, and distribution expansion. Kellogg's strengths lie in brand recognition and health-focused products, while weaknesses include initial misalignment. Opportunities include growing health consciousness, while threats include competition and price sensitivity.
Kellogg's initial approach in India did not effectively meet the conditions of the marketing concept. The company faced challenges in understanding and adapting to the Indian consumer's breakfast habits and preferences. Kellogg heavily relied on the quality of its crispy flakes, which did not align with the traditional Indian breakfast choices. The company's focus on promoting the health benefits of its products without considering the taste preferences of Indian consumers resulted in low demand. Additionally, the premium pricing strategy further limited its market penetration.
However, Kellogg showed a shift towards meeting the conditions of the marketing concept with the successful launch of its brands like Chocos and Frosties in India. The company recognized the need to localize its flavors, introduced different pack sizes, and collaborated with the Indian Diet Association for public service initiatives. By modifying its products, raising awareness about iron deficiency, and adapting to Indian consumption patterns, Kellogg began addressing the needs and preferences of the Indian consumer market more effectively.
Question 2: Suggest ways how Kellogg can have more influence on consumption behavior of Indian consumers?
To have more influence on the consumption behavior of Indian consumers, Kellogg can consider the following strategies:
1. Localization: Continue adapting product flavors and formulations to suit Indian taste preferences. Conduct market research to understand regional variations in breakfast habits and customize offerings accordingly.
2. Affordability: Introduce more affordable product options to cater to the purchasing power of the average Indian consumer. This can include offering smaller pack sizes at lower price points to make the products more accessible.
3. Marketing and promotion: Implement targeted marketing campaigns that highlight the benefits of Kellogg's products, emphasizing their nutritional value and relevance to Indian breakfast habits. Collaborate with local influencers and celebrities who can endorse the products and create brand awareness.
4. Distribution network: Expand distribution channels to reach a wider consumer base, including rural areas. Establish partnerships with local retailers, supermarkets, and online platforms to increase product availability and convenience.
5. Consumer education: Educate consumers about the importance of a healthy breakfast and the benefits of Kellogg's products through various channels, such as digital platforms, television, and print media. Offer cooking recipes and suggestions to incorporate Kellogg's products into traditional Indian breakfast preparations.
Question 3: SWOT Analysis of Kellogg
Strengths:
- Strong brand recognition and reputation globally.
- Focus on health and nutrition, offering a range of cereal products.
- Successful variants like Chocos and Frosties that have gained popularity in the Indian market.
- Collaboration with the Indian Diet Association for awareness initiatives.
Weaknesses:
- Initial failure to understand and adapt to Indian breakfast habits and taste preferences.
- Perception of being a premium brand, limiting market penetration.
- Limited influence on consumption behavior of the mass Indian consumer market.
Opportunities:
- Growing awareness of health and nutrition among Indian consumers.
- Increasing demand for convenient and ready-to-eat breakfast options.
- Potential for further localization and customization of products to cater to diverse regional preferences.
Threats:
- Intense competition from local and international breakfast food brands.
- Price sensitivity and affordability concerns of the Indian consumer market.
- Need to continually innovate and adapt to changing consumer preferences and market trends.
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mom???????????????????????
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.