The most critical risks, based on the highest values, are Quality (cost increase by 40%) and Labor (cost increase by 40%).
Recommended actions: 1. Quality: Improve quality control measures, enhance supplier selection process, and implement rigorous inspection procedures.
2. Labor: Optimize workforce planning, provide additional training, and explore automation s.
The PFMEA exercise identifies the critical risks by evaluating the risk occurrence, outcome, and detection effectiveness. In this case, the risks are evaluated based on the potential cost increase. The risks with the highest values are considered the most critical.
The most critical risks are Quality (with a potential cost increase of 40%) and Labor (also with a potential cost increase of 40%). These risks indicate that failures in quality control and labor-related issues can have significant financial implications for Trilogox.
To address the Quality risk, Trilogox should focus on improving quality control measures, such as implementing stricter inspection procedures, enhancing the supplier selection process, and strengthening quality assurance processes. By doing so, they can minimize the occurrence of quality-related issues and reduce the associated cost increase.
Regarding the Labor risk, Trilogox should optimize their workforce planning to ensure an adequate number of skilled workers. Additional training programs can be implemented to enhance the skillset of the workforce, reducing the likelihood of errors or inefficiencies. Exploring automation s may also help streamline processes and reduce reliance on manual labor, potentially mitigating the risk and cost increase.
By assigning a degree of leniency in evaluating the risks, Trilogox can prioritize their actions and allocate resources effectively to address the critical risks.
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The three questions of economics are based on decisions made by economies.
What statement best describes why economies must make these decisions?
Econominc must make these decisions?
The reason why economies must make these decisions is due to the fact that because resources are limited.
What are resources?These are all of the factors of productions that are used to take care of the needs of man. They are what is is used in the production process for all goods.
It is important to note that human needs are unlimited but the resources that are needed for meeting these needs are only few in number.
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In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?
A)Law, Public Safety, Corrections, & Security
B)All of these
C)Education & Training
D)Health Science
In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant
For better understanding, let's understand what career clusters means
Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.
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machinery was purchased on january 1 for $53,000. the machinery has an estimated life of 7 years and an estimated salvage value of $9,000. double-declining-balance depreciation for the second year would be
The double-declining-balance depreciation for the second year would be $10,826.99.
Annual Depreciation Rate = (2 / Estimated Life) x 100%
Annual Depreciation Rate = (2 / 7) x 100%
Annual Depreciation Rate = 28.57%
Depreciation Expense (Year 2) = Net Book Value x Annual Depreciation Rate
Depreciation Expense (Year 1) = (2 / 7) x $53,000 = $15,143
Net Book Value (End of Year 1) = $53,000 - $15,143 = $37,857
Depreciation Expense (Year 2) = $37,857 x 28.57% = $10,826.99
Depreciation is a term used in accounting to describe the gradual decrease in the value of an asset over time. This decrease in value is usually due to wear and tear, obsolescence, or other factors that affect an asset's usefulness. Depreciation is a way of accounting for this decrease in value so that businesses can accurately reflect the cost of using an asset in their financial statements.
Depreciation is important for businesses because it allows them to spread the cost of an asset over its useful life rather than incurring the full cost all at once. This can help businesses manage their cash flow and improve their financial reporting accuracy. The amount of depreciation recorded each year is typically based on an estimate of the asset's useful life and salvage value.
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When irobot introduced new robot models that would clean gutters and mop floors, this innovation represented which type of market growth strategy?
a. Diversification
b. Product development
c. Market segmentation
d. Market development
e. Market penetration?
Answer:
b. Product development
Explanation:
When irobot introduced new robot models that would clean gutters and mop floors, this innovation represented the product development type of market growth strategy.
Evaluate whether a business should made decisions solely on the basis of the profit made or weather it should also consider other factors.
While profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.
While profit is certainly a crucial factor for any business, it should not be the sole consideration when making decisions. There are other important factors that should be taken into account to ensure that the business is sustainable in the long run.
One such factor is the impact on the environment. Companies have a responsibility to reduce their carbon footprint and to minimize the negative impact of their operations on the environment. Failing to do so could result in a damaged reputation and loss of customers who are increasingly concerned about the environment.
Another important consideration is the well-being of employees. A business that values its employees and creates a positive working environment will be more productive and have lower turnover rates. It is also important for businesses to be socially responsible and to give back to the community through charitable donations and other initiatives.
Furthermore, businesses must also consider their impact on the economy. Decisions that negatively affect other businesses or the wider community could have negative consequences in the long term.
In conclusion, while profit is important, it should not be the only factor that businesses consider when making decisions. A holistic approach that takes into account the impact on the environment, employees, and wider society is essential for sustainable success.
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A business should not make decisions solely based on profit but should also consider other factors. While profit is a crucial aspect for the sustainability and growth of a business, focusing exclusively on profit can lead to negative consequences in the long run. Here are some reasons why businesses should consider other factors:
1. Ethical and Social Responsibility: Businesses have a responsibility to act ethically and consider the impact of their decisions on society and the environment. Ignoring ethical considerations can lead to reputational damage, legal issues, and loss of public trust.2. Customer Satisfaction: Satisfying customer needs and providing value should be a priority for any business. A sole focus on profit may lead to compromising product quality, customer service, or neglecting customer feedback, which can ultimately harm the business's reputation and customer loyalty.3. Employee Well-being: Employees are vital to the success of a business. Considering factors such as fair wages, a safe working environment, and opportunities for growth and development can enhance employee morale, productivity, and retention. Ignoring employee well-being may lead to high turnover rates, decreased productivity, and a negative work culture.4. Long-Term Sustainability: Making decisions with a long-term perspective is essential for the sustainability of a business. Focusing solely on short-term profit may result in neglecting investments in innovation, research and development, employee training, and market expansion, which can limit the business's ability to adapt to changing market dynamics and stay competitive.5. Stakeholder Relationships: Businesses operate within a network of stakeholders, including suppliers, investors, communities, and regulators. Considering the interests and maintaining positive relationships with these stakeholders is vital for long-term success. Ignoring stakeholder concerns may result in legal and regulatory challenges, supply chain disruptions, and damage to the business's overall reputation.In conclusion, while profit is important for the viability of a business, decisions should also consider ethical, social, and long-term factors. By adopting a holistic approach, businesses can build a sustainable and responsible foundation that benefits all stakeholders and ensures long-term success.
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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which of the following is a similarity between frederick w. taylor and lillian gilbreth? question 6 options: they both used film cameras to analyze jobs. they both developed time study. they both proposed giving workers longer work hours and fewer breaks. they both strove to simplify work.
They both developed time to study. Option B
Who is Frederick W. Taylor?Generally, - Frederick Winslow Taylor was an American mechanical engineer who sought to improve industrial efficiency. He is regarded as the father of scientific management and was one of the first management consultants.
Taylor was one of the intellectual leaders of the Efficiency Movement and his ideas, broadly conceived, were highly influential in the Progressive Era.
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what are the advantages of interdependence in economics
Answer:
This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle
.What the downside to over estimating project costs?
Provide an example of how ignoring or failing to effectively communicate or engage a stakeholder might put a project at risk.
The disadvantage of overestimating project expenses is that it might result in poor resource allocation and needless budget allocation. Overestimation of project costs can result in inflated budget requirements, which indicate that more cash is allocated than necessary.
This might result in financial waste and impair the organization's capacity to efficiently allocate resources to other projects or activities. Overestimation of project costs can also affect decision-making and project planning. If project costs are greatly overstated, it may result in conservative decision-making in which prospective opportunities or innovative solutions are neglected due to perceived high prices. It may impede the project's ability to develop and progress..
Ignoring or failing to effectively communicate or engage a stakeholder can put a project at risk in several ways. For example, if a key stakeholder is not consulted or informed about a change in project scope, they may become unhappy and withdraw their support. This can result in delays, increased costs, and ultimately, the failure of the project. Additionally, if stakeholders are not engaged throughout the project, they may not feel invested in its success and may not provide the necessary support and resources. This can lead to a lack of motivation among team members and a failure to achieve project goals
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A large city offers many venues for watching a concert. A listing of concert venues for the city includes the following information: the number of seats, the age of the venue, the number of nearby parking spaces, and the location of the venue (inside or outside). What are the individuals in the data set?
concert venues
seats
ages of the venue
parking spaces
Answer:
A. concert venues
Answer:
A
Explanation:
prepare sterling’s december 31 year-end adjusting entry to report its stock investments with insignificant influence at fair value. 2. after the fair value adjustment is made, prepare the assets section of sterling’s december 31 year-end classified balance sheet. assume sterling plans to sell its stock investments with insignificant influence within the next two months of the upcoming year. 3. in which income statement section is the unrealized gain or loss on the portfolio of stock investments with insignificant influence reported?
Sterling’s December 31 year-end adjusting entry to report its stock investments is
1) Journal Entry:-
Particulars Debit($) Credit($)
Fair Value Adjustment A/c ($25000-(1000*$23)) 2000
Unrealized Holding Gain (Income Statement) 2000
2) Asset Section of Balance Sheet:-
Assets Amount($)
Short Term Investment:-
Investment in Shares of LDX 23000
Add: Fair Value Adjustment 2000
Total 25000
3) In Income Statement Section Unrealized Holding Gain is reported under Other Comprehensive Income.
Unrealized Holding Gain Amount = $2000
When you have some savings to invest, feel equipped to shop for shares, and don't need the cash for at least 5 years, then yes, leap in. even when the marketplace has lows — and 2022 has been full of them — in case you're invested for the long term, you'll have time to get better losses.
The easiest way to shop for shares is thru an online stockbroker. After opening and funding your account, you could purchase stocks via the broking's website in a remember of mins. other options consist of the use of a complete-service stockbroker or buying a stock without delay from the company.
Yes, you could lose any amount of money invested in shares. A corporation can lose all its fees, with a view to probably translate right into a declining stock fee. inventory expenses also range relying on the delivery and call for of the stock. If an inventory drops to 0, you can lose all of the cash you've invested.
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An OSHA inspector arrived at a hotel construction site for no apparent reason. He was turned away because he did not have a search warrant. He was attempting to provide which level of enforcement?
a. Imminent danger
b. Serious accident
c. Employee complaint
d. Target inspection
e. Random inspection
____ is when deciding between purchasing two goods, an individual should purchase the good with the highest
When deciding between purchasing two goods, an individual should purchase the good with the highest marginal utility.
Marginal utility is one of the fundamental concepts in economics and is used to explain how consumers allocate their resources when purchasing goods and services.In simple terms, when a person is purchasing two goods, he/she should choose the good that will provide more satisfaction or usefulness, which is referred to as the marginal utility.
Marginal utility is an important concept in consumer theory, which deals with how individuals make decisions about what to buy and how much to buy based on their budget constraints and the prices of goods and services available in the market.
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What does deficit spending require a government to do?
lay off workers
cut taxes
take on debt
hire more workerscy
Answer:
c. TAKE ON DEBT
Explanation:
A deficit spending require a government to: C. take on debt.
What is deficit spending?A deficit spending can be defined as a situation in which the expenditure of government exceed the amount of money generated as revenues over a fiscal period.
This ultimately implies that, deficit spending typically occurs when government's expenditure is greater than its revenue over a specific period time.
Consequently, government tends to resort to borrowing or taking debt when there is deficit spending in its budget.
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Hamza tells the insurance company that his building is equipped with a sprinkler system and that a guard is on duty inside the premises when they are closed. Neither statement is true. The building is destroyed by a windstorm. Do you believe that an intentional misrepresentation by an applicant for insurance should permit the insurer to deny coverage for a loss even if the misrepresented fact had no relationship to the loss? Why?
Answer:
Yes, any intentional misrepresentations by the applicant should be enough to permit the insurer to deny coverage for a loss even if the misrepresented fact had no relationship to the loss
Explanation:
This is because in case of any intentional misrepresentations the insurer gets a right of recession that is based upon fraud.
In this case the misrepresentation by Hamza voids the policy ab-initio (i.e. at its inception). This is because the misrepresentations by Hamza in this case were with regards to material facts related to the property and this misrepresentation may have induced the insurer to act and thus insure the property. Here the misrepresentations were that the property had a sprinkler system and always had a guard on duty. These two material misrepresentations led the insurer to make an incorrect risk assessment with regards to property and this incorrect and lower assessment of risk profile of the building led the insurer to provide insurance coverage.
Thus, we can conclude that even though the misrepresentations made by Hamza had no relationship to the loss but still the insurer can deny coverage in this case.
the kentucky real estate commission’s action of prohibiting brokers from offering rebates and other inducements to consumers was deemed to be this type of violation, in which guilt is established in light of existing circumstances.
Any defense, justification, or rationale will be rejected if anything is per se illegal. In view of observable circumstances, the breach is obvious.
Positive misrepresentation requires the following four elements: a false statement must have been made, the person making it (such as the agent) must have known the statement to be false, and a third party (such as a principal) must have relied on the false statement and suffered injury as a result.
Innocent, negligent, and fraudulent misrepresentations are the three sorts of misrepresentations, and each has a unique set of remedies.
When the (possible) insured states anything that is untrue concerning a fact that is important to the insurer, this is referred to as a positive misrepresentation (a material fact). One instance would be purposefully answering a question incorrectly during the underwriting process.
When one party purposefully deceives another party, it is called a fraudulent misrepresentation tort, which usually results in legal action from the aggrieved party.
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federal agencies hold roughly _____ percent of all outstanding treasury bonds.
According to data from the U.S. Treasury, federal agencies hold approximately 5 percent of all outstanding treasury bonds.
This percentage has decreased in recent years due to efforts to reduce the size of the federal government's balance sheet and transfer assets back to the private sector.
federal agencies hold roughly 13 percent of all outstanding Treasury bonds.
According to data from the U.S. Treasury, federal agencies hold approximately 5 percent of all outstanding treasury bonds.
This percentage has decreased in recent years due to efforts to reduce the size of the federal government's balance sheet and transfer assets back to the private sector. federal agencies hold roughly 13 percent of all outstanding Treasury bonds.
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Calculate China’s RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained.
China’s RGDP growth rate in 2006 was _______ percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was ______ percent. Round up your answer to the first decimal.
It will take China approximately _______ years to double its real GDP per person. Round up your answer to a full number (no decimals).
Answer:
China’s RGDP growth rate in 2006 was 8.2% percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was 7.7% percent. Round up your answer to the first decimal.
It will take China approximately 9 years to double its real GDP per person. Round up your answer to a full number (no decimals).
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
In 2005 China's RGDP was 7,394 billion yuan. In 2006 its RGDP was about 8,000 billion yuan. China's population was 1,306.6 million in 2005 and 1,313.1 million in 2006.
Calculate China's RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained.
China's RGDP growth rate in 2006 was _______ percent. Round up your answer to the first decimal. China's growth rate of real GDP per person in 2006 (using the approximation formula) was ______ percent. Round up your answer to the first decimal.
It will take China approximately _______ years to double its real GDP per person. Round up your answer to a full number (no decimals).
The explanation to the answer is now given as follows:
a. Calculate China’s RGDP growth rate in 2006. Round up your answer to the first decimal.
This can be calculated using the following formula:
China’s RGDP growth rate = (2006 RGDP - 2005 RGDP) / 2005 RGDP = (8,000 - 7,394) / 7,394 = 0.0820, or 8.2%
b. Calculate the growth rate of real GDP per person in 2006. Round up your answer to the first decimal.
This can be calculated using the following formula:
China’s RGDP per person growth rate = (2006 RGDP per person - 2005 RGDP per person) / 2005 RGDP per person ............... (1)
Where;
2006 RGDP per person = 2006 RGDP / 2006 population = 8,000 / 1,313.1 = 6.09245297387861 billion yuan
2005 RGDP per person = 2005 RGDP / 2005 population = 7,394 / 1,306.6 = 5.65896219194857 billion yuan
Substituting the values into equation (1) above, we have:
China’s RGDP per person growth rate = (6.09245297387861 - 5.65896219194857) / 5.65896219194857 = 0.077, or 7.7%
c. The approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained. Round up your answer to a full number (no decimals).
To calculate this, the rule of 70 is used as follows:
Number of years for Real GDP per person to double = 70 / China’s RGDP per person growth rate = 70 / 7.7 = 9 years
Should spreadsheets be used to maintain a checkbook?.
The above statement is correct because it maintains all the data collected and permits seeing the movement and growth of the data by automatically creating different types of charts to visualize the data.
What are spreadsheets?A spreadsheet is defined as an electronic record in which data is placed in the rows and columns of a facility and can be exploited and abused in arithmetic or calculations.
The above statement is correct that the spreadsheets be used to maintain a checkbook because it keeps the data organized and allows seeing the trends of the data by creating automatically the different types of the data.
Therefore, the above statement is true.
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Which of the following scenarios would lead to improved productivity for a farmer who is growing corn?
A the farmer adds workers but still produces the same amount of corn
B the farmer buys a radio for his tractor so that he can enjoy music while working
C the farmer builds an irrigation system which increases the output and his profits
D the farmer sells his corn for a lower price in order to out-sell his competitors
Answer:
im pretty sure the answer is d but im not sure
Checking a credit report is a good way to
know whether credit is improving.
reduce the amount of money owed.
determine which debts to pay off.
decrease interest payments.
Checking a credit report is a good way to know whether credit is improving.
What is a credit report?A credit report refers to a statement that has information about your credit activity and current credit situation such as loan paying history and the other status of your credit accounts.
A credit report contains personal information, credit account history, credit inquiries and public records. This information is reported by your lenders and creditors to the credit bureaus. Your credit report can be used in a variety of situations, from getting a credit card to buying a house or even applying for a job.
Why is checking a credit report important?Checking your credit history is a good way to know whether credit is improving. It also helps you in understanding your current credit position.
Thus, regularly checking your credit reports can help you be more aware of what lenders may see and it can also help you detect any inaccurate or incomplete information.
Hence, option A is correct.
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Firms and industries producing capital goods are affected most by the business cycle and the negative effects of a recession because purchases of capital goods ______. Multiple choice question. cannot be postponed are made frequently are typically unexpected can be postponed
Firms and industries producing capital goods are affected most by the business cycle and the negative effects of a recession because purchases of capital goods can be postponed.
A country is in recession when the GDP of the country for two consecutive quarters is negative. A business cycle is a cycle of growth and decline in the economy.
When a country is in a recession or at a trough in the business cycle, there is usually a low level of economic activities. As a result, there is a decline in the demand for capital goods. On the other hand, the demand for consumer goods cannot be postponed. As a result, consumer goods are not as negatively affected by a recession as much as capital goods.
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A department is looking for an entry-level cashier. One of the job applicants is a cashier with 30 years of experience as a cashier. The department manager feels that this candidate is overqualified for the job and is likely to be bored and leave the job in a short time. Instead, they want to pursue a candidate with 6 months of work experience who seems like a better fit for the position. Discuss and propose an action plan or give recommendations for management.
It is understandable that the department manager may feel that the 30-year experienced cashier is overqualified for the entry-level position, but it is important to evaluate the candidate's qualifications and potential. The candidate's wealth of experience could bring valuable skills and knowledge to the team.
It is also important to consider the candidate's motivations for applying for the position. They may be seeking a change in their career path or a more relaxed work environment. The department manager should conduct an interview and ask the candidate about their career goals and expectations to determine if they are a good fit for the position.
If the candidate is genuinely interested in the job and willing to adapt to the company's culture and expectations, then it would be worth considering their application. If the department manager still has concerns, they could offer a trial period to assess the candidate's performance and fit with the team.
Ultimately, the department manager should prioritize finding the best fit for the position, whether it is an experienced candidate or a candidate with less experience. The key is to evaluate each candidate's qualifications and potential and make an informed decision based on the needs of the team and the organization.
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Sue has obtained a personal loan of $5000 at 13.25% simple interest for 4 years. She paid all the monthly payments except the last five payments, which she wants to pay all at one. a. What is the total of these last five payments? b. How much would the bank wants her to pay, after revealing that her loan contract carries a pre-payment penalty? c. How much would that penalty be?
c. Therefore, the bank would want Sue to pay -69.18 after revealing the pre−payment penalty.
a, b. Assuming the monthly payments are the same for each month, the total of the last five payments would be: 5000 x (1 + 13.25%/12)^4 = 6556.71
b. To calculate the amount the bank wants Sue to pay after revealing the pre-payment penalty, you need to subtract the total of the last five payments from the original loan amount. The pre-payment penalty would be the difference between the original loan amount and the remaining balance after deducting the last five payments.
5000 - 6556.71=−556.71
c. The pre-payment penalty would be:
556.71 x 13.25%/12 = -
69.18
69.18
Therefore, the bank would want Sue to pay -69.18 after revealing the pre−payment penalty.
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Identify the careers that match the descriptions.
Checks to make sure that laws and regulations are followed for pollution and waste disposal:
Organizes waste materials for processing into new products and substances:
Operates machinery for treating water for human use:
Uses design skills to solve and prevent environmental problems:
Cleans up and disposes of toxic chemical and fuels:
Options
A. Recycling and Reclamation Worker
B. Water and Wastewater Treatment Plant and System Operator
C. Hazardous Materials Removal Worker
D. Environmental Compliance Inspector
E. Environmental Engineer
1- Enviromental Compliance inspector (D)
2- Recyling and Reclamation Worker(A)
3-Water Treatment Plant and System Operator (B)
4-Enviromental Engineer (E)
5-Hazardous Materials Removal Worker(C)
$200 a month for car insurance geico is that normal?
the sum of fixed cost and variable cost at any rate of output is the group of answer choices total variable cost. average marginal cost. average total cost. total cost.
The sum of fixed cost and variable cost at any rate of output is the total cost. Total cost includes both fixed cost and variable cost.
Fixed cost is the cost that remains constant regardless of the level of output. For example, rent for a factory space or the salary of the manager are fixed costs. These costs do not change with the number of units produced.Variable cost, on the other hand, varies with the level of output. It increases as the level of production increases and decreases as the level of production decreases.
Examples of variable costs include the cost of raw materials, direct labor, and electricity used in the production process. When we add the fixed cost and the variable cost together, we get the total cost. Total cost is the sum of all costs incurred in the production process, both fixed and variable.
Therefore, the correct answer is "total cost." This option accounts for both the fixed and variable costs at any rate of output.
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How do you write a business pitch???
Answer:
A business pitch is a presentation by one or more people to an investor or group of investors.
Explanation:
have a nice day! hope this helps!
One of three dimensions of situational control in the contingency leadership model, ________ is the extent to which tasks are routine, unambiguous, and easily understood.
The complete statement is "One of three dimensions of situational control in the contingency leadership model, position power is the extent to which tasks are routine, unambiguous, and easily understood."
What is position power?Generally, Positional power is a form of power that an individual possesses in an organization when they hold a particular rank or title within that organization.
In most cases, it is accompanied by legitimate power, also known as the formal authority to act within an organization.
You have a better chance of gaining reward power if you already have positional power.
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The three dimensions of situational control are leader-member relations, the task structure and _____.
A.
psychological empowerment
B.environment
C.position power
D.personality
E.organizational culture
Project management is a must-have capability for every organization and a personal job skill that will only become more valuable in the years ahead. true/ false
The claim is true. Every organization needs to have the ability to manage projects, and project management is a personal job skill that will only grow in value over time.
In general, project managers who are refining their management techniques need must-have capability and expertise in three distinct areas:
project management that is industry-independentbusiness administration and basic accounting knowledgecomplexities and technicality of the entire management processIt has been said that project management is both an art and a science that will be more valuable in the years ahead. To practice this craft, one must first understand the fundamentals of project management. Industry-specific and versatile project managers are required for success, but project management must be independent of industry.
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