In creating a Work Breakdown Structure (WBS) for your team project, it's crucial to list at least 15 independent activities, with details on their precedence, costs, duration, resources, and comments on assumptions.
The Work Breakdown Structure (WBS) is a hierarchical representation of project tasks, where each level is more detailed. It serves as the backbone of your project, helping with scheduling, cost estimation, and resource allocation. In the precedence column, activities are sequenced logically. Total costs will include all expenses like labor, material, etc., while resources specify who or what is involved. Duration is indicated in working days or weeks. Remember to vary start points for different activities, adding flexibility and enhancing project efficiency. A Work Breakdown Structure (WBS) is a hierarchical decomposition of a project into manageable chunks or tasks.
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(a) Foody Ltd is an irish tax resident company which carries on a food production business in Ireland. The Statement of Comprehensive Income of Foody Ltd for the year ended 30 June 2019 is set out below: (1) Other income (3) Finance costs relate to the interest expense on the company's working capital bank facility. (4) The company has several large machines in use for the purposes of its trade, as follows: Machine 1 acquired in May 2011 for €150,000 Machine 2 acquired in December 2012 for €350,000 Machine 3 acquired in October 2018 for €800,000 In April 2019, the company incurred expenditure of €175,000 installing moveable partitioning into the building to separate production areas. In the same month, the company disposed of Machine- 2 for €125,000 (no accounting gain/loss arose on this disposal). (5) The company has trading losses carried forward of €50,000 from the year ended 30 June 2018. Calculate the corporation tax liability of the company for the year ended 30 June 2019. You should include a brief note to explain your treatment of each item mentioned in Notes 1,2,3 and 4 above in your answer. Marks will be awarded for an appropriate layout of your computational work. (25 marks) (b) The company is considering changing its accounting period to 31 December each year. To effect the change, management are proposing not to prepare their annual accounts to 30 June 2019 and rather, to prepare a set of accounts for the 18 -month period ending 31 December 2019. Advise management on how they should file their corporation tax returns for the 18 -month period. (10 marks) (c) Write a brief letter to the Directors of Foody Ltd on how we determine if a company operating in Ireland is resident in Ireland for tax purposes, outlining the current position for new companies incorporated here and for companies that have been established for many years. (10 marks) (d) Foody Ltd is considering paying a dividend to its Irish parent company. Outline the Irish corporation tax treatment of a dividend paid by one Irish tax resident company to another from the perspective of (i) the paying company i.e. Foody Ltd and (ii) the recipient company i.e. its parent. (5 marks)
The Corporate Tax liability of the company is (342500*12.5%)= 42812.50.
Statement of income -
Sales - 3520000
Cost of sales - 2220000
Gross profit - 1300000
Other income - 75000
Operating expenses - 795000
Financial costs - 12500
Profit before tax - 567500
The company has several large machines
Machine 1 acquired - 150000
Machine 2 acquired - 350000
Machine 3 acquired - 800000
Trading losses carried forward - 50000
The company incurred expenses of movable partitioning into the building - 175000
Therefore total income is - profit before tax - 567500
(less) trading losses carried forward - 50000
(less) the company incurred movable partitioning - 175000
Therefore total income is - 342500
According to Irish tax rules they have to pay a corporate tax rate of 12.5%.
So the corporate tax liability of the company is (342500*12.5%)= 42812.50
B) The company has decided to finish its annual accounts on December 31. This can be done by first carrying forward all of the income and expenses for the previous six months due to the six-month extension that was granted.
Then, just the profit before tax will be calculated, and the net total income will be done after that. Accordingly, all other income and expenses must be calculated up until the 31st of December.
C) to
Foody Limited's director
Respected sir,
This is to attest to the fact that numerous businesses have recently been incorporated in Ireland. Whether the company operating in Ireland is a resident or not must be determined. If the company owners were born Irish or not, must be verified.
If they're a person who is born Irish is a resident of that country and can open a business there. Whether the owner is a permanent resident, temporary resident, or neither must also be considered. If someone is a temporary visitor, they are still not considered residents for tax purposes and will be treated as such.
So, sir, in order to prevent discrimination in the near future, we must look ahead in this matter.
I appreciate you
D) dividend withholding tax is charged to an Irish company that pays a dividend. Therefore, as per Irish law, a 25% dividend withholding tax must be paid while the parent company receives the payment.
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Indicate whether the following losses are covered under Section II of the homeowners policy. Assume there are no special endorsements. Give reasons for your answers. a. The named insured’s dog bites a neighbor’s child and also chews up the neighbor’s coat. b. A son living at home accidentally injures another player while playing softball. c. A guest slips on a waxed kitchen floor and breaks an arm. d. A neighbor’s child falls off a swing in the named insured’s yard and breaks an arm. e. The named insured accidentally falls on an icy sidewalk and breaks a leg. f. While driving to the supermarket, the named insured injures another motorist with the automobile. g. A ward of the court, age 10, in the care of an insured, deliberately breaks a neighbor’s window. h. The named insured paints houses for a living. A can of paint accidentally spills onto a customer’s roof and discolors it. i. The named insured falls asleep while smoking a cigarette in a rented hotel room, and the room is badly damaged by the fire. j. The named insured borrows a camera, and it is stolen from a motel room while the insured is on vacation
Under Section II of the homeowners policy, certain losses are covered while others are not. Coverage depends on the type of incident and the circumstances surrounding it.
a. The named insured’s dog bites a neighbor’s child and also chews up the neighbor’s coat.
Coverage: Yes, this loss is covered under Section II of the homeowners policy. It falls under the liability coverage, which typically includes coverage for personal liability resulting from the actions of the insured and their family members, including pet-related incidents.
b. A son living at home accidentally injures another player while playing softball.
Coverage: Yes, this loss is covered under Section II of the homeowners policy. It also falls under the liability coverage, as it involves accidental injury caused by a family member of the insured.
c. A guest slips on a waxed kitchen floor and breaks an arm.
Coverage: Yes, this loss is covered under Section II of the homeowners policy. It is a liability claim resulting from a guest's injury on the insured's property.
d. A neighbor’s child falls off a swing in the named insured’s yard and breaks an arm.
Coverage: Yes, this loss is covered under Section II of the homeowners policy. It is a liability claim resulting from an injury on the insured's property, even if caused by a neighbor's child.
e. The named insured accidentally falls on an icy sidewalk and breaks a leg.
Coverage: No, this loss is not covered under Section II of the homeowners policy. The liability coverage typically does not cover injuries sustained by the insured themselves. Medical expenses resulting from the insured's own injuries would usually be covered under health insurance.
f. While driving to the supermarket, the named insured injures another motorist with the automobile.
Coverage: No, this loss is not covered under Section II of the homeowners policy. Automobile accidents are typically covered under auto insurance policies, not homeowners insurance.
g. A ward of the court, age 10, in the care of an insured, deliberately breaks a neighbor’s window.
Coverage: No, this loss is not covered under Section II of the homeowners policy. Deliberate acts causing property damage are usually excluded from liability coverage.
h. The named insured paints houses for a living. A can of paint accidentally spills onto a customer’s roof and discolors it.
Coverage: Yes, this loss is covered under Section II of the homeowners policy. It is a liability claim resulting from damage caused by the insured's professional activities.
i. The named insured falls asleep while smoking a cigarette in a rented hotel room, and the room is badly damaged by the fire.
Coverage: No, this loss is not covered under Section II of the homeowners policy. It typically excludes damage caused by the insured's actions in a rented or temporary residence. Renters insurance or the hotel's insurance may cover such incidents.
j. The named insured borrows a camera, and it is stolen from a motel room while the insured is on vacation.
Coverage: No, this loss is not covered under Section II of the homeowners policy. Theft of borrowed items usually falls under the coverage of the owner's insurance policy, not the homeowners policy of the borrower.
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The legal system in the United States is based on _____.
A. constitutional law
B. common law
C. small law
D. statutory law
I need help I don’t get this
The friest answer bc she said budget
Answer:
it's C, because when you budget you are trying to save money.
Explanation:
Assume the income elasticity of demand for good Z equals −5.0. Which of the following is true?
A) Good Z is a normal good.
B) Good Z must have an inelastic demand.
C) An increase in income will lead to a decrease in demand.
D) An increase in income will lead to an increase in demand.
E) The income effect of a price increase will be a decrease in quantity demanded at every price.
Based on the given information that the income elasticity of demand for good Z equals -5.0, the correct answer is: An increase in income will lead to a decrease in demand. The correct answer is option c.
Income elasticity of demand measures the responsiveness of demand for a good to changes in income. When the income elasticity of demand is negative, as in this case (-5.0), it indicates that good Z is an inferior good. Inferior goods are those for which demand decreases as income increases.
Option A is incorrect because good Z is an inferior good, not a normal good. Option B is not necessarily true as the income elasticity of demand does not determine the elasticity of demand.
Option D is incorrect because an increase in income will actually result in a decrease in demand. Option E is unrelated to the income elasticity of demand and the given information.
Therefore, an increase in income will lead to a decrease in demand for good Z. Option C is the correct answer.
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Bonds are essentially...
A. illegal except for those issued by public utility companies.
B. either common or preferred types of bonds.
C. designed to help prevent trusts.
D. loans to a corporation.
Answer:
Its D pretty sure
Explanation:
the insights gained during the product development process help to define what ______ to target.
The insights gained during the product development process help to define what market segment to target.
Understanding the needs, preferences, and behaviors of potential customers is crucial in identifying the right target market for a product. The product development process involves various stages, including market research, customer feedback, and prototype testing, which provide valuable insights into the target audience.
Market research allows companies to gather data on consumer demographics, preferences, and buying behaviors, which helps in identifying the most relevant market segments for the product.
Customer feedback collected during product testing or prototype iterations provides insights into the product's strengths, weaknesses, and how it meets customer needs. This feedback can guide the marketing strategy and help in refining the target market.
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For both articles, what can you tell me about the values of Harvard and Entrepreneur?
The article referenced is "If you want to be an entrepreneur, don't go to Harvard.
What are the values of the Harvard Graduate viz a- viz that of the Entrepreneur?Regardless of the size of the organization, "Core Values" should be prioritized. Values direct the path of business, influencing strategy and decision making. Essentially, basic principles serve as the foundation around which we develop our firm. Core Values provides several advantages to the firm.
Students at Harvard have access to classes, research institutions, and faculty mentors from around the university. It's the ideal location to explore your favorite and yet-to-be-discovered academic interests, with world-renowned teachers, cutting-edge resources, and personalized training.
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2. Maquan has to write a paper for his English class , which is due Tuesday . He waits until Monday at 9pm to get started . He no longer has the ability to ask his teacher for help . This is an example of
A. Procrastination
B. Spontaneity
C. Compliance
D. Synthesis
Answer:
Explanation:
It's procrastination.
Procrastination is the act of putting off till tomorrow what should be done as soon as you know about it. Most people really do procrastinate. They have a growth. What wants to find out about that?
They wait to see a doctor. Who needs to find out about Cancer?
Students get papers to write. The subject is complex and requires a lot of reading. Who wants to do that when there's a touch football game (both sexes playing) outside just waiting to be enjoyed. Who needs all those footnotes?
How much does it cost to paint a 2 story house exterior?.
The cost of painting a 2 story house exterior can vary depending on several factors such as the size of the house, the type of paint used, and the labor costs in your area.
Here are some steps that can be used-
1. Calculate the total surface area of the exterior walls: Measure the height and width of each wall and multiply them together to find the area. Add the areas of all exterior walls to get the total surface area.
2. Estimate the amount of paint required: Divide the total surface area by the coverage rate of the paint (usually provided on the paint can, e.g., 350 sq ft/gallon). Round up to the nearest whole number to determine the number of gallons needed.
3. Calculate the paint cost: Multiply the number of gallons needed by the cost per gallon of paint.
4. Estimate labor cost: Determine the number of hours it would take to paint the exterior, considering factors like the complexity of the job, accessibility of the walls, and weather conditions. Multiply the total hours by the hourly rate of professional painters in your area.
5. Consider additional costs: Add any expenses for scaffolding, power washing, or repairs that might be necessary before painting.
6. Calculate the total cost: Add the paint cost, labor cost, and additional costs to determine the total cost of painting the 2-story house exterior.
Hence, these steps will get you an idea of cost to paint a 2 story house exterior.
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
At Ancestry, even in a job as seemingly specialized as that of genealogist, the component parts of the job are quite varied. If Ancestry asked you to advise the company on restructuring job design, how would you explain a recommendation for further specialization?
The workers in highly specialized jobs tend to report higher levels of job satisfaction.
When workers perform small, simple tasks, they become very proficient at each task.
Specialization increases the transfer time between tasks.
Highly specialized workers may feel their jobs are too stimulating.
A recommendation for further specialization within the job of a genealogist would involve breaking down the job into smaller and more specific tasks. By doing this, the genealogist would be able to focus and become more proficient in certain specialized areas.
What does a genealogist do?A genealogist is a person who studies and traces family histories and lineages. They use a variety of sources such as birth, marriage, death and census records to build family trees and track down historical information about ancestors.
This would allow for a higher transfer time between tasks, resulting in increased job satisfaction. For example, a genealogist may specialize in researching a particular geographic area or time period.
In addition to increasing job satisfaction and providing the opportunity to specialize, further specialization also has the potential to increase the efficiency and quality of the genealogists’ work. By breaking down the job into smaller tasks and becoming more proficient in certain areas, the genealogist is better able to focus on the quality of their work and deliver results more quickly.
By breaking down the job into smaller tasks, the genealogist is able to focus, become more proficient, and specialize in certain areas. This leads to increased job satisfaction and improved work quality.
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Mammoth Foods, a major agricultural corporation, recently purchased MJS Organic Foods Co. MJS was established six years ago and has become a major supplier to restaurants in the northeastern United States. The organic herbs, vegetables, and fruit market is expected to have a double-digit growth rate over the next decade. Under the Boston Consulting Group (BCG) Growth-Share Matrix, MJS would most likely be classified as a ________.
Incomplete question. The option read;
A) star
B) cash cow
C) dog
D) problem child
E) top gun
Answer:
A) star
Explanation:
Note, the Growth-Share Matrix is designed to assist companies in determining which among their investment portfolio is worth directing resources and capital into and that would be most profitable. It is represented in four quadrants.
Among all the quadrants, the Star quadrant is meant for investments with great future potential. We could recall that there's a positive projection for MJS, it was said that the "fruit market is expected to have a double-digit growth rate over the next decade." Hence, MJS would most likely be classified as a star.
Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
In the event of death, this insurance covers the entrepreneur's business and helps family face the financial challenges.
a
Life
b
ОООО
Health
Disability
d
Property
Answer:
a
Life
Explanation:
Life insurance is a contract where the insurance company undertakes to pay the amount stated in the policy document upon the insured's death. The insured, in turn, pays periodic insurance premiums to keep the contract in force.
Life insurance renders financial protection to the family and the insured upon their death. For an entrepreneur, the insurance company will compensate their family for the loss of income occasioned by their death.
Case Study #1
Dan is a 40 year-old with Spina-Bifida and inability to walk. He uses a wheelchair for mobility. He is unable to transfer from his chair and requires personal assistance for dressing, using the toilet and transferring from his chair. He has attempted to work several times, but has not held jobs due to a number of factors- transportation, time demands for dressing, eating and being transported to work. He currently is in a volunteer job with the sheriff's office doing routine filing and other clerical tasks. He has average intelligence, but lacks confidence due to low self-esteem, which has been reinforced, by his lack of success in employment.
1. Is he eligible for DVR services?
2. Is he eligible for Supported Employment?
3. Develop an outline for an IPE to address Dan's employment related needs.
4. List the extended ongoing support services he will need to maintain employment.
1. Is he eligible for DVR services?
Yes, Dan is eligible for DVR services. DVR stands for Disability and Rehabilitation Services. It is a federal program that provides employment-related services to people with disabilities. Dan's disability, Spina Bifida, would qualify him for DVR services.
2. Is he eligible for Supported Employment?
Yes, Dan is eligible for Supported Employment. Supported Employment is a type of DVR service that provides ongoing support to people with disabilities who are trying to find and keep jobs. Dan's need for personal assistance and transportation would make him a good candidate for Supported Employment.
3. Develop an outline for an IPE to address Dan's employment related needs.
An IPE is an Individualized Plan for Employment. It is a document that outlines the employment-related goals and services that a person with a disability will receive. An IPE for Dan would include the following:
Goals: The IPE would identify Dan's employment goals, such as finding a job, getting promoted, or starting his own business.
Services: The IPE would list the services that Dan would need to achieve his goals, such as job training, job placement, or transportation assistance.
Timeline: The IPE would set a timeline for achieving Dan's goals.
Evaluation: The IPE would include a plan for evaluating Dan's progress and making adjustments to the plan as needed.
4. List the extended ongoing support services he will need to maintain employment.
The extended ongoing support services that Dan will need to maintain employment include:
Personal assistance: Dan will need personal assistance to help him with dressing, using the toilet, and transferring from his chair.
Transportation: Dan will need transportation to and from work.
Flexible work schedule: Dan may need a flexible work schedule to accommodate his personal assistance needs.
Ongoing training: Dan may need ongoing training to keep his skills up-to-date.
Support from his employer: Dan will need support from his employer to be successful in his job. This may include providing him with a workspace that is accessible to his wheelchair and making sure that his co-workers are aware of his disability.
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What is Rich Strozewski responsible for in his job? (Site 1)
Answer:
My job consists of controlling all day-to-day operations of the golf club, our alternative revenue outlets, and our personnel. Additionally, my responsibilities include all human resources decisions, P&L (profit and loss) development and execution, marketing, event sales and coordination, and capital improvement decision making.
Explanation:
Wait 5 minutes before submitting
The responsibilities of Rich Strozewski included:
Human resource decisions. Marketing. Event sales and coordination. Profit and loss development. What does Rich Strozewski do at work?Rich Strozewski has several duties that he needs to carry out in order to ensure the success of the company he works for.
He needs to be involved in human resource decisions and try to engage in profit and loss development activities such as marketing. He also coordinates events for the company.
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When calling a support line to request help with a computer problem, it is best to
provide as many details and information as possible.
keep information to a minimum to avoid confusion.
avoid attempting to name or identify the problem.
avoid first attempting simple fixes to the problem
Answer: Provide as many details and information as possible.
Explanation:
So they can identify the problems with your computer
Answer:
1.provide as many details and information as possible.
Explanation:
20 points
Select the correct answer from each drop-down menu.
What is the seventh step in the accounting cycle?
The fifth step in the accounting cycle is the preparation of trial balance. Further, the sixth step in an accounting cycle is (balancing posting, journaling) the adjustments made in the (journal, worksheet, ledger) .
Preparing the financial statement is the seventh step in the accounting circle.
What is the seventh step in the accounting cycle?The seventh step in the accounting cycle is to prepare the financial statements. This involves taking the adjusted trial balance, which reflects all the changes made during the previous steps in the accounting cycle, and using it to prepare the three main financial statements: the income statement, the balance sheet, and the statement of cash flows.
The income statement shows the company's revenues and expenses for a specific period, and calculates the net income or net loss for that period. The balance sheet shows the company's assets, liabilities, and equity at a specific point in time. The statement of cash flows shows the company's cash inflows and outflows for a specific period, and how these affect the company's overall cash balance.
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What is marketing research and what are the steps involved in marketing research? Please remember, it is not enough to only name the various components. Please also provide a description that gives the reader a clear idea of what each term means.
Marketing research is a process of systematic gathering and interpreting information and data about customers, market trends, and competition to aid in making informed business decisions.
The steps involved in marketing research include:
1,Defining the problem or opportunity
2.Creating a research design
3.Data collection
4.Data analysis
5.Interpretation and reporting
Defining the problem or opportunity: In this stage, the researcher identifies the main problem or opportunity they wish to address. The purpose of the research is then determined and made specific, so that the researcher knows exactly what they are investigating.
Creating a research design: This stage involves developing a plan or blueprint for conducting the research. It includes selecting a research method and designing the sample, questionnaire, and data collection process.
Data collection: This stage involves the actual collection of data using the research design developed. Data can be collected using different methods, including surveys, interviews, observations, and experiments.
Data analysis: This stage involves analyzing the collected data using statistical tools and techniques to generate meaningful insights. Researchers use graphs, charts, and tables to visually display and explain the data findings.
Interpretation and reporting: In this stage, researchers interpret the data and present the findings in a meaningful way. They make recommendations to stakeholders based on the data analysis, which can help in decision-making for the business or organization that commissioned the research.
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Which three of the following examples of product differentiation is most likely to be weak differentiation, easily imitated so that price competition continues to be practiced by the competitors? Da B
Among the given examples of product differentiation, three are most likely to exhibit weak differentiation, leading to price competition among competitors.In all three examples, the lack of distinctive features or unique value propositions makes it easier for competitors to replicate the products or offer similar alternatives. As a result, price becomes a significant factor in consumer decision-making, leading to ongoing price competition among competitors.
Product differentiation refers to the unique characteristics or attributes that set a product apart from its competitors. However, in some cases, the differentiation may be weak, making it easy for competitors to imitate and resulting in price competition.
The three examples of weak differentiation that are likely to experience price competition are:
1. Basic household cleaning products: Basic household cleaning products such as laundry detergents or surface cleaners often have similar formulations and functionalities. The lack of distinctive features or innovative technology makes it easier for competitors to replicate the products, leading to price-based competition.
2. Generic medications: Generic medications are often intended to be lower-cost alternatives to brand-name drugs, and they are required to have the same active ingredients and efficacy. Since generic medications typically lack significant differentiation in terms of formulation or therapeutic benefits, price competition among manufacturers is common.
3. Commodity goods: Commodity goods are standardized products that are easily interchangeable and do not possess unique characteristics. Examples include basic agricultural products like wheat or corn, or industrial commodities like oil or steel. In these cases, price competition becomes the primary driver as there is little room for differentiation.
In all three examples, the lack of distinctive features or unique value propositions makes it easier for competitors to replicate the products or offer similar alternatives.
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The price of soft drinks increases. Which of the following is not part of the likely chain of events that follows from this price change? A. Producers of soft drinks increase their production of soft drinks. B. The manufacturers of soda−canning machines lay off some workers. C. Some consumers of soft drinks reduce their consumption of soft drinks. D. The demand for fruit juices increases.
Answer:
The correct answer is the option B: The manafactures of soda-canning machines lay off some workers.
Explanation:
On the one hand, all of the events presented in the text will happen after the price of the good increases. And that is because of the regular laws of the economy, for example, when the price of a good increases the supply of this one will increase as well and the demand of substitutes of the product will increase as well and the demand of it will decrease.
On the other hand, the manufactures of product that are substitutes to the good will increase its production due to the fact that now their product will be more demanded because the other good have just increased in price. So it is not possible that the manufactures of soda-canning lay off some of their workers.
Time is money in any business environment. To be successful in the business world, you must be able to create concise and easy-to-read messages. As you revise, eliminate flabby expressions, long lead-ins, fillers, redundancies, and empty words. Your audience will appreciate your brevity.Which of the following sentences contain flabby expressions? Check all that apply.As a general rule, you should contact Jorge; he can afford you the opportunity to access the beta version.In all probability, Alessia will receive a promotion this year.If Marie calls, please tell her we will proceed normally.I worked on the MarkMaster campaign for 35 hours.Jason is aware of the problem and will take care of it.Complete the sentence with the most concise option.
In general, you should get in touch with Jorge; he can provide you the chance to access the beta version. Alessia is most likely going to get a promotion this year.
Why is it crucial to edit your work for simplicity and clarity?When revising your writing, take the opportunity to step back and reconsider. Consider your article goals and whether you were able to meet those goals. We make sure our arguments are strong and well-written.
What does it mean to clarify a revision?
Create additional drafts of your essay to make your thoughts clear to the reader. Write your argument in a way the reader can understand. When writing your essay, assume your reader is unfamiliar with your essay topic. Write with the intention of making the connections between your thoughts clear to the reader
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Vogel Inc. reports income related to discontinued operations in its current-year multiple-step income statement. Financial statement users should expect that the line item "income tax expense":
Multiple Choice
relates only to income from discontinued operations.
includes all income tax from continuing as well as discontinued operations.
relates only to income from continuing operations.
related only to income derived from gross profit.
The total income earned by a company, including both continuing and discontinued operations.
Financial statement users should expect that the line item "income tax expense" includes all income tax from continuing as well as discontinued operations. This is because income tax is calculated on the total income earned by a company, including both continuing and discontinued operations.
The income related to discontinued operations is reported separately in the income statement to provide clarity to the users of financial statements. However, the income tax expense is a cumulative figure that reflects the total income tax paid by the company, and it is not limited to any specific type of income. Therefore, it is safe to assume that the income tax expense line item in Vogel Inc.'s income statement includes all income tax from both continuing and discontinued operations.
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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Answer:
The answer is D. Income statement
Explanation:
Answer:
D. income statement
Explanation:
i took the test
The International Finance Corporation (IFC) performs which of the following functions? a. Provide loans and take equity position in private companies of developing countries and works toward developing capital markets in those economies b. Supports reconstruction and restructuring of member countries utilizing funds raised in international capital markets c. Provides long-term low-interest social sector and infrastructure loans to the poorest members utilizing foreign aid funds provided by rich nation members d. Works on issues related to foreign investment disputes e. Provides political risk coverage for private investments made in developing countries
Answer:
a). Provide loans and take an equity position in private companies of developing countries and works toward developing capital markets in those economies.
Explanation:
The key functions of IFC(International Finance Corporation) include 'offering loans and getting a hold on the equity stand in the private sector companies established in developing countries in order to build capital in such economies.' It also assists these countries in attaining sustainable growth and development by providing these financial fundings, deploying capital effectively, and proffering counseling services to these nations and the private businesses running across the country. Thus, option a is the correct answer.
The annual inflation rate is expected to be 5 percent over the next 3 years. Juan plans to take out a 3-year loan to purchase a car. If Juan decides not to take out a loan if the real interest rate exceeds 3 percent, the highest nominal interest rate he is willing to pay is:
The highest nominal interest rate he is willing to pay is 8.15%.
The highest nominal interest rate that Juan is willing to pay can be determined using the Fisher equation. The Fisher equation postulates that the nominal interest rate is a function of the real interest rate and the inflation rate.
Fisher effect equation : ( 1 + nominal interest rate) = (1 + real interest rate) x (1 + inflation rate)
(1.03) x (1.05) = ( 1 + nominal interest rate)
( 1 + nominal interest rate) = 1.0815
Nominal interest rate = 1.0815 - 1
Nominal interest rate = 8.15%
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Which of these is a critical interaction in the hotel industry?
A.
a breakfast order through room service
B.
a first glimpse of the hotel
C.
a swim at the hotel pool
D.
a visit to the hotel boutique
Suppose after the semester ends, you take a trip to an Island of Vieques. Upon arriving at the island, you make a stop at one of the markets and notice that everyone is carrying around jars full of cowry shells. You also notice the person in line in front of you just paid for a twelve-pack old Milwaukee beer with 8 cowry shells. Someone else just bought a Whopper Pizza Combo for 6 cowry shells. Thinking back to your economics class (as painful as that may be), you would conclude that
a) this is a barter economy.
b) those cowry shells are serving as money.
c) cowry shells are valueless.
d) cowry shells soup is a delicacy.
1. What is the difference between the consumer market and the business market?
Answer:
Business markets refer to organizations, businesses, or entities that acquire products and services for use in the production of other services and products. On the other hand, consumer markets refer to markets where producers sell their products or services directly to the final consumers.
Explanation: