Answer and Explanation:
Situation 1: a) I would tell the janitor thanks, but no thanks. It would be wrong to cheat in the exam.
Situation 2:(c) I would decide to go buy a copy of the software myself for $300 and hope I would be reimbursed by the company in a month or two. Getting a copy of the software for the price would guarantee that are no copyright infringement problems which would affect the company and my job as well. Management would be happy at my dedication as I am willing to go an extra mile for the company and would likely reimburse me for expenses
situation 3: (b) I would inform the customer and declare voluntary bankruptcy. It is important that I inform the customer and let him know why the shipment didn't go through. Customers appreciate honesty and trustworthiness of sellers. He may be willing to help the company not declare bankruptcy by ordering anyways. However it is more important to not cheat the customer than it is for business to go bankrupt.
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
https://brainly.com/question/24561653
#SPJ8
10 points! Please answer I beg! In a paragraph, How would you describe the brand McDonalds personality? This must be a short-answer paragraph describing the way the brand sounds in communications
Answer:
mcdonalds yumy and funny
Explanation:
Let point A correspond to 80 units of cheap food and 20 units of environmental quality. Let point B correspond to 50 units of cheap food and 30 units of environmental quality.a. Label the axes. b. What is the technical name of the curve mentioned earlier? c. Calculate how many units of cheap food you are willing to give up to receive one more unit of environmental quality in order to maintain the same level of satisfaction.
a. The horizontal axis could be labeled "Cheap food" and the vertical axis could be labeled "Environmental quality".
b. The technical name of the curve that is mentioned earlier is an indifference curve.
c. The consumer is willing to give up approximately 0.33 units of cheap food to get one more unit of environmental quality.
The willingness to give up some cheap food to get one more unit of environmental quality is measured by the marginal rate of substitution (MRS). MRS is the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction.
To calculate the MRS, we can use the slope of the indifference curve passing through points A and B. The slope of the indifference curve represents the rate at which a consumer is willing to substitute one good for another.
The formula for the slope of a curve at a given point is:
Slope = ΔEnvironmental quality / ΔCheap food
Slope = (30 - 20) / (50 - 80)
Slope = 10 / (-30)
Slope = -1/3
Slope = -0.33
The negative sign indicates that the consumer is willing to give up some cheap food to get more environmental quality.
Learn more about marginal rate of substitution: https://brainly.com/question/15609447
#SPJ4
True or False? The placement of a product within a store, or online, can determine the sales performance of that product.
Answer:
true
Explanation:
Stealth bank has deposits of $600 million. It holds reserves of $30 million and has purchased government bonds worth $320 million. The bank's loans, if sold at current market value, would be worth $500 million. What does Stealth bank’s net worth equal?
Based on the value of the deposits at Stealth bank, the reserves, the loans, and the government bonds, the net worth of Stealth Bank is $810 million.
How to find the net worth?To find the Net Worth of Stealth Bank, the formula would include subtracting the assets from the liabilities.
The formula for the net worth of Stealth Bank is:
Net Worth = Assets - Liabilities
The Assets of Stealth bank are:
= Reserves + Deposits + Value of bank loans
= 30 million + 600 million + 500 million
= $1,130 million
The liabilities of Stealth Bank are the government bonds of $320 million.
The Net Worth of Stealth Bank is:
= Assets - Liabilities
= 1, 130 million - 320 million
= $810 million
In conclusion, the net worth that Stealth Bank has can be found to be $810 million.
Find out more on net worth at https://brainly.com/question/12371230
#SPJ1
report on a case study of business ethics
a corporate ethics case study-
This sequential framework consists of:
Describe the specifics of the moral dilemma you initially saw.
List the pertinent details.
Identify the participants.
Explain the fundamental principles.
Consider the effects.
Find the applicable obligations and rights.
Consider which virtues are relevant.
Think about any pertinent connections.
An ethical case study is what?A collection of case studies on ethical difficulties that could come up when conducting physics research is known as the APS Ethics Case Studies. There are discussions that go along with many of the research. Researchers, teachers, and students are all expected to use these case studies as educational resources.
What kinds of case studies are there?Different Case Study Types
A community as a whole or a particular group of people may be the subject of a study. For instance, psychologists might investigate how a community's resource accessibility has impacted the residents' overall mental health.
To Know more about health
https://brainly.com/question/13179079
#SPJ9
1.2 The communication process is a highly complex one that is hard to analyze as it is an ever-changing process and unending. Identify and explain the different elements of communication in this scenario (15) Word count: 200-300 words
The communication process is a dynamic framework that outlines the numerous ways in which a message can be sent to and received from a sender and recipient.Verbal communication is the act of conveying information orally.
How would you characterise the intricate process of communication?Oral, written, and kinetic modes of communication are all complicated processes that are deeply ingrained in everything we do as individuals or as a member of a social system.
is a difficult procedure. Whom the communication process begins and concludes with is unclear?Given the complexity of communication, it can be challenging to pinpoint the beginning and finish of a communication interaction. Communication models streamline the procedure by giving a visual depiction of the
To know more about communication process visit-
https://brainly.com/question/15281884
#SPJ1
Match the components of a will to their descriptions.
Tiles
Executor
Purpose
Codicil
Consideration
Pairs
Jeff writes "this is my last will and testament"
Jeff wants his home given to his wife and daughter.
He wants his money split between his wife and
daughter. He wants his sister and brother to get
his personal possessions. He gives his daughter
his automobile
Jeff names his sister the person responsible
for making sure his wishes are followed
after the birth of his son, Jeff adds an amendment
establishing a trust account for him when he turns 18
Answer:
purpose, consideration, executor, codicil
Explanation:
i got them all right
Answer:
Jeff write -- Purpose
Jeff wants -- Consideration
Jeff names -- Executor
after the birth -- Codicil
Explanation:
got it right on edmentum
Native advertising can include all of the following except:
Native advertising can include all οf the fοllοwing except: Independent jοurnalists
What is Native Advertising?Native advertising is a type οf οnline advertising that is made tο fit the lοοk and functiοn οf the platfοrm it is displayed οn, like a website, sοcial media platfοrm, οr mοbile app. Native ads, οn the οther hand, are frequently incοrpοrated seamlessly intο the platfοrm's cοntent, making them less disruptive and mοre engaging fοr users. This is in cοntrast tο traditiοnal banner ads οr display ads, which are easy tο identify as advertisements.
Spοnsοred cοntent, branded cοntent, and sοcial media pοsts that are marked "spοnsοred" οr "prοmοted" are all examples οf native advertising. Instead οf simply prοmοting a prοduct οr service, these advertisements typically aim tο add value tο the user by prοviding useful infοrmatiοn οr entertainment.
To know more about Native Advertising, visit:
brainly.com/question/28272997
#SPJ1
Native advertising can include all of the following except:
Independent journalistsPromoted posts.News articles.Recommendation widgets.Determine the total expenses based on the following data
assets 72,000
owner's equity 70,000
revenues 20,000
liabilities 16,000
From the given data, it appears that the expenses result in a negative value of $-14,000. This indicates a deficit, which suggests that the company's liabilities and owner's equity exceed its assets.
To determine the total expenses based on the given data, we need to use the accounting equation: Assets = Liabilities + Owner's Equity. In this case, we are given the values of assets, owner's equity, and liabilities.
Assets = $72,000
Owner's Equity = $70,000
Liabilities = $16,000
Using the accounting equation, we can calculate the total expenses by rearranging the equation:
Expenses = Assets - Liabilities - Owner's Equity
Expenses = $72,000 - $16,000 - $70,000
Expenses = $-14,000
for more questions on expenses
https://brainly.com/question/28995167
#SPJ8
Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000
Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000
How to find the equity?The Owners equity is one of the parts of the Accounting equation which is:
Assets = Liabilities + Owners Equity
The Assets in this instance is $573,000 and the Liabilities are $272,000.
The Owner's equity is the missing amount and it can be found as:
573,000 = 272,000 + Owners Equity
Owners Equity = 573,000 - 272,000
Owners Equity = $301,000
Find out more on owner's equity at https://brainly.com/question/28222828
#SPJ1
The Information available for XYZ Inc. for the year ending March 31, 20XX is as follows:
Cash in hand = $2,000
Cash at bank = $5,000
Equity capital = $ 100,000
Machinery = $15,000
Land and buildings = $50,000
Creditors = $ 20,000
Debtors = $ 48,000
Prepare a balance sheet for XYZ Inc. with the help of the above given data.
If the Information available for XYZ Inc. The balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.
How to prepare the balance sheet?XYZ Inc. Balance Sheet as of March 31, 20XX
Assets:
Cash in hand = $2,000
Cash at bank = $5,000
Machinery = $15,000
Land and buildings = $50,000
Debtors = $48,000
Total Assets = $120,000
Liabilities and Equity:
Creditors = $20,000
Equity capital = $100,000
Total Liabilities and Equity = $120,000
Therefore the balance sheet for XYZ Inc is Assets $120,000, Liabilities and equity $120,000.
Learn more about balance sheet here:https://brainly.com/question/1113933
#SPJ1
Question 4 of 10
During a depression or recession, which of the following is most likely to
happen to interest rates?
A. Interest rates will likely decrease as the Federal Reserve Board
increases inflation rates.
O B. The Federal Reserve Board will likely lower interest rates.
O C. Interest rates will likely rise as the Federal Reserve board
decreases inflation rates.
O D. The Federal Reserve Board will likely raise interest rates.
SUBMIT
B.The federal reserve board will likely lower interest rates
Explanation:
pa brainliest po ako png taga sagot ng mga new question
Products that may damage the environment the use of sweatshops labor and the marketing of hazardous products are examples of
Products that may damage the environment the use of sweatshops labor and the marketing of hazardous products are examples of unethical business practices. Companies must be aware of the environmental and social implications of their actions in order to act ethically and responsibly.
What do you know about hazardous products?
Hazardous products are items that can cause harm to people, property, or the environment. These products are regulated by the government to ensure safe use. Examples of hazardous products include explosives, flammable liquids, corrosives, and pesticides. To identify hazardous products, look for warning labels, such as “flammable” or “toxic”. It is important to read and follow the directions on the label and store hazardous products safely away from children. Proper disposal of hazardous products is also important to avoid environmental contamination. In some cases, special permits are needed to purchase hazardous products and government agencies must be contacted to safely dispose of them. It is important to follow the regulations set by the government to ensure the safe use and disposal of hazardous products.
Environmentally damaging practices include the production of goods that produce greenhouse gases during their production cycle, the disposal of hazardous waste, and the overuse of natural resources.
To learn more about hazardous products:
https://brainly.com/question/27318175
#SPJ1
Say, 3 customers enter a store. On the basis of past experience, the store manager estimates the probability that any one customer will make a purchase is 0.30. What is the probability that two of the next three customers will make a purchase?
The probability that two of the next three customers will make a purchaseis mathematically given as
P(1) =0.441
What is the probability that two of the next three customers will make a purchase?Generally, the equation for Probablity is mathematically given as
A)
P(1) = 3 C 1 (0.3)^1 (0.7)^2
P(1) =0.441
B)
n=1000
E (x) =np = 1000x0.3
E (x) =3.00
C)
Variance= mpq
Variance= 300 x0.7
Variance= 210
In conclusion,
P(1) =0.441
E (x) =3.00
Variance= 210
Read more about probability
https://brainly.com/question/14210034
#SPJ1
Zeta, Inc., a calendar year taxpayer, suffers a casualty loss of $45,000. Zeta recovered insurance of $30,000. How much of the casualty loss will be a tax deduction to Zeta, Inc.
Answer:
$15,000
Explanation:
Calculation to determine How much of the casualty loss will be a tax deduction to Zeta, Inc.
Using this formula
Casualty loss tax deduction=Casualty loss-Insurance recovered
Let plug in the formula
Casualty loss tax deduction=$45,000-$30,000
Casualty loss tax deduction=$15,000
Therefore the amount of the casualty loss that will be a tax deduction to Zeta, Inc. is $15,000
8. What is an example of a situation in which a shortage is caused by a change in
supply?
Answer:
Temporary supply constraints, e.g. supply disruption due to weather or accident at a factory.
Fixed prices – and unexpected surge in demand, e.g. demand for fuel in cold winter.
Government price controls, such as maximum prices.
Monopoly which restricts supply to maximise profits.
Revise your worksheet to reflect the following transactions and updated values at the end of the accounting period, then answer the questions that follow. 7,200 1,400 9,900 1,100
1. Cash on hand at the company and not yet deposited at the bank.
2. EFT for monthly utility bill not yet recorded by the company.
3. Note collected by the bank and not yet recorded by the company.
4. Interest collected by the bank from note in #3 not yet recorded by the company.
5. A check witten for insurance expense for $110 was cashed. The check was recorded on the books for $190.
6. Checks written by the company but not yet processed by the bank.
7. Service fee charged by bank but not yet recorded by the company.
8. Customer checks determined by the bank to have nonsufficient funds. 3,100 100 2,700
Bank balance at the end of the period.
Company balance at the end of the period. 19,610 16,830 Required:
1-a. What is the revised
Cash balance at the end of the period?
Cash $ 23,710 1-b. Is the bank reconciliation in balance?
Yes
Nο
2-a. What is the balance in Cash if the entry to correct the insurance payment hasn't been made?
Cash 2-b. Would the bank reconciliation still be in balance?
Yes
No
3. Which statement below is true regarding the effect of the company incorrectly recording a customer deposit at $190,000 rather than $19,000?
No effect on the bank reconciliation.
The difference of $171,000 will be subtracted from the book balance.
The difference of $171,000 will be added to the book balance.
The bank balance will be increased by $190,000.
Answer:
1a. Revised Cash balance $23,710
1b. No. the Bank reconciliation is NOT in balance
2a.$23,630
2b.No. The bank reconciliation will still NOT be in balance
3.The difference of $171,000 will be subtracted from the book balance
Explanation:
1a.Preparation of the Revised Cash Book
Particular Debit Particular Credit
Unadjusted $16,830; EFT of Utility $1,400
Balance $9,900 ; Bil $100
Note Collected 1,100; Service Fee Charged $2,700
Interest on Note Collected 90 ; NSF Checks Dishonored $23,710
Excess of Insurance Expense 27,910; Revised Balance $27,910
Therefore the Revised Cash balance at the end of the period will be $23,710
1b.NO. The Bank reconciliation is NOT in balance because the revised balance is still not matched with the bank balance reason been that the amount of $23,710 is not equal to $19,610
2-a) In a situation where the entry to correct the insurance payment hasn’t been made, the balance of cash book will be :
$23,710 – $80 = $23,630
2-b) No. The bank reconciliation will still NOT be in balance because $23,630 is not equal to $19,610
3. If company incorrectly recording a customer deposit at $190,000 rather than $19,000, this increases the balance of cash book by $171,000. Therefore, the company subtracted the difference of $171,000 from the book balance
1a.Rectified Cash balance $23,710
1b.No. the Bank reconciliation is NOT in balance
2a.$23,630
2b.No.The bank reconciliation will always NOT be in balance
Prepare Bank reconciliation
1a. Now we Preparation of the Revised Cash Book is:
Particular Debit and Credit
Unadjusted $16,830; and EFT of Utility $1,400The Balance is $9,900; Bill is $100Then Note Collected 1,100; Service Fee Charged $2,700Now the Interest on Note Collected 90; NSF Checks Dishonored $23,710Then Excess of Insurance Expense 27,910; Revised Balance $27,910Hence the Revised Cash balance at the end of the period will be $23,7101b.NO. When The Bank reconciliation is NOT in balance because the adjusted balance is still not matched with the bank balance reasoning is that the amount of $23,710 is not equal to $19,610
2-a) In circumstances where the entry to rectify the insurance payment hasn’t been made, the balance of the cash book will be :
$23,710 – $80 = $23,630
2-b) No. When The bank reconciliation will still NOT be in balance because $23,630 is not equal to $19,610
3. If the company mistakenly registers a consumer deposit at $190,000 rather than $19,000, this increases the balance of the cash book by $171,000. Thus, the company subtracted the distinction of $171,000 from the book balance The distinction of $171,000 will be subtracted from the book balance
Find more information about Bank reconciliation here:
https://brainly.com/question/24449793
Question 1: Critique the case from a leadership, internal and external communication with stakeholders, and barriers to communication point of view.
A general view from the leadership, internal and external communication with stakeholders has been provided
The leadership, internal and external communication with stakeholdersLeadership:
Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.
Internal communication with stakeholders:Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.
External communication with stakeholders:
External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.
Barriers to communication:Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.
Read more on barriers to communication here:https://brainly.com/question/18757530
#SPJ1
why is it important to look at external sources of information when exploring product and service information
briefly explain how the decision support system resolved the problems experienced by the railways
The decision support system improved the efficiency of the railroads, paying special attention to the punctuality and speed of transportation on both passenger and commercial routes. The Indian Railways encounter a number of difficulties, including the failure to ensure train punctuality.
Ticketless transit by passengers, damage to or theft of railroad property, and others. The railways suffer a considerable loss in income as a result. By December 2023, 100% electrification of the broad gauge is the goal. In 2020–21, the speed of freight trains doubled to 46 kmph from 23 kmph in previous years. In January 2019, all unmanned level crossings on the broad gauge were removed.
To learn more about passenger, click here.
https://brainly.com/question/199361
#SPJ1
Multiple Choice Question
Identify the articles that correctly complete the following sentence.
We all laughed at the joke about_ honest man, even though it was immature attempt at humor.
an; a
an; an
a; an
a; a
The correct answer is "an; an".
The reason for this is that the word "honest" starts with a vowel sound (the 'h' is silent), so it requires the article "an" instead of "a". The word "attempt" also starts with a vowel sound, so it also requires the article "an". Therefore, the correct articles to complete the sentence are "an; an".
When can a bank repossess someone's car?
A. When the owner defaults on the loan payments
B. When the owner cancels the insurance
C. When the owner buys a used car
D. When the owner gets into an accident
helpppppp
Answer:
A. when the owner defaults on the loan payment
The least expensive type of marketing research method is a(n)
Jolie Company owns equipment with a cost of $342,500 and accumulated depreciation of $222,625.
Required:
Prepare the journal entry to record the disposal of the equipment on April 9.
The required journal entries in the books of Jolie Company to record the disposal of the equipment are as follows:
Journal Entries:
Debit Sale of Equipment $342,500
Credit Equipment $342,500
To transfer Equipment to Sale of Equipment account.Debit Accumulated Depreciation $222,625
Credit Sale of Equipment $222,625
To transfer Accumulated Depreciation to Sale of Equipment account.Data Analysis:
Sale of Equipment $342,500 Equipment $342,500
Accumulated Depreciation $222,625 Sale of Equipment $222,625
If the disposal or sale is for cash, the Cash Account is debited while the Sale of Equipment is credited. From the Sale of Equipment account, the profit or loss from disposal will be determined.
Learn more: https://brainly.com/question/17073047
Ryan is preparing his business plan for his new business venture. He wants to add the sales forecast in his short-term financial plan. How can he go about doing it? A. B. C. D. E. directly add a targeted sales figure to show the business as profitable exaggerate the sales figure to make it impressive show low sales to invite more help from investors research and analyze the sales of his competitors with the help of trade magazines and salespeople copy the sales figure of the competitors and highlight it
Answer:
D
Explanation:
D. Research and analyze the sales of his competitors with the help of trade magazines and salespeople.
Tartan Industries currently has total capital equal to $10 million, has zero debt, is in the 40% federal-plus-state tax bracket, has a net income of $1 million, and distributes 40% of its earnings as dividends. Net income is expected to grow at a constant rate of 3% per year, 240,000 shares of stock are outstanding, and the current WACC is 13.50%. The company is considering a recapitalization where it will issue $1 million in debt and use the proceeds to repurchase stock. Investment bankers have estimated that if the company goes through with the recapitalization, its before-tax cost of debt will be 11% and its cost of equity will rise to 14.5%.
a) What is the stock's current price per share (before the recapitalization)?
b) Assuming that the company maintains the same payout ratio, what will be its stock price following the recapitalization? Assume that shares are repurchased at the price calculated in part a.
Answer:
A. $16.38
B. $18.70
Explanation:
a) Calculation to determine the stock's current price per share (before the recapitalization)
Using this formula
V=D0(1+g)/K−g
Let plug in the formula
V=[(40% *$1,000,000)/240,000](1+0.03)/0.135−0.03
V=($400,000/240,000)(1+0.03)/0.135−0.03
V=1.67(1+0.03)/0.135−0.03
V=1.67(1.03)/0.135−0.03
V=1.7201/0.105
V=$16.38
Therefore the stock's current price per share (before the recapitalization) is $16.38
b. Calculation to determine what will be its stock price following the recapitalization
First step is to calculate the Interest
Interest = 1,000,000 * 11%
Interest= 110,000
Second step is to calculate the Buy back number of share
Buy back number of share = $1,000,000/16.38
Buy back number of share= 61,050 shares
Second step is to calculate the Outstanding share
Outstanding share =240,000 - 61,050
Outstanding share=178,950
Third step is to calculate the Net income
Using this formula
Net income = Income before tax -Interest - Tax
Let plug in the formula
Net income= (1666667 - 110000)* (1-0.4)
Net income= 934000.2
Fourth step is to calculate the Dividend
Dividend =934000.2 * 40%
Dividend= 373600.08
Fifth step is to calculate the Dividend per share
Dividend per share =373600.08/178950
Dividend per share= 2.088
Now let calculate the stock price after Recapitalization
Using this formula
V=D0(1+g)/K−g
Let plug in the formula
V=2.088(1+0.03)/0.145−0.03
V=2.088(1.03)/0.145−0.03
V=2.15064/0.115
V=$18.70
Therefore stock price following the recapitalization is $18.70
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby’s sold the Edgar Degas bronze sculpture Petite Danseuse de Quartorze Ans at auction for a price of $10,311,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,377,500. What was his annual rate of return on this sculpture?
Answer:
Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, Sotheby’s sold the Edgar Degas bronze sculpture Petite Danseuse de Quatorze Ans at auction for a price of $10,311,500. Unfortunately for the previous owner, he had purchased it in 1999 at a price of $12,377,500.
Explanation:
Question 2 of 10
In a market economy, decisions about which goods are produced are based
on:
OA. what businesses believe will generate the most profits.
OB. what the local community has made for generations.
OC. what health care organizations suggest will be best for citizens.
OD. what the government decides is important for society.
SUBMIT
In a market economy decisions about which goods are produced are primarily based on what businesses believe will generate the most profits option a
What happens in a market economyin a market economy production decisions are made by private individuals and businesses based on the laws of supply and demand businesses seek to produce goods and services that they believe will be profitable and will sell well in the marketplace
consumers in turn make choices based on their own preferences and the prices of goods and services in the market
the role of the government in a market economy is generally limited to enforcing laws and regulations protecting property rights and providing public goods and services that the private sector cannot or will not provide efficiently
Read more on market economy here: https://brainly.com/question/1659498
#SPJ1
Using the service blueprint, make a list of all the potential key service failure points and the associated customer expectations. For example a service failure point with expectations is: check-in should be fast and hassle free. You should find 10 to 15 service failure points.
Using a service blueprint, a list of potential key service failure points and their associated customer expectations would depend on the industry and the customer preference.
What are some potential key service failure points ?Some general key service failure points would include:
Check-in should be fast and hassle-free.Staff should be knowledgeable and able to provide accurate information.Service should be delivered within the promised timeframe.Billing and payment processes should be transparent and error-free.Facilities should be clean, well-maintained, and comfortable.Communication should be clear and timely, keeping customers informed about any delays or changes.Staff should be friendly, courteous, and attentive to customer needs.Resolving complaints and addressing issues should be handled promptly and effectively.Product or service quality should meet or exceed customer expectations.Personal data and privacy should be protected and kept secure.Service should be personalized and tailored to individual customer preferences when possible.Any service disruptions or interruptions should be minimized and resolved quickly.Accessibility should be ensured for customers with special needs or disabilities.Service recovery actions should be proactive and designed to restore customer satisfaction after a service failure.Any additional fees or charges should be clearly communicated upfront to avoid surprises.Find out more on service points at https://brainly.com/question/15580877
#SPJ1