Mazud is a BC resident who has been involved with part time entrepreneurship for the past two years. He maintains good relations with certain local restaurants and his customers to sustain a business involving picking up meals and delivering them to people. Being employed as a software engineer, Mazud worked from home with flexible employment hours which permitted him to sustain a side business. However, he is now finding it more difficult to find adequate leisure and rest time. It all started with his cousin Farnoosh’s new restaurant. As Mazud was helping advertise Farny’s Wraps, he realized a lot of customers were asking about food delivery. Since Farnoosh was hesitant to register with DoorDash, Uber Eats, or SkiptheDishes prior to getting the business rolling, Mazud asked him if he was okay with delivering meals for a small fee (most of the interested customers were within a 5 km radius, so $2 to $3 fees were sufficient). Farnoosh agreed this was a great way to boost sales and he trusted Mazud, so they went ahead with the idea.

Answers

Answer 1

Mazud's side business involves picking up meals and delivering them to people by maintaining good relationships with local restaurants and customers. He has been involved with part-time entrepreneurship for the past two years while employed as a software engineer.

However, it's becoming more challenging to find adequate leisure and rest time. Mazud realized that there is a need for food delivery after helping advertise his cousin Farnoosh's new restaurant. However, Farnoosh was hesitant to register with Door Dash, Uber Eats, or Skipthe Dishes before getting the business rolling.

Mazud then proposed that he would deliver meals for a small fee instead (most of the interested customers were within a 5 km radius, so $2 to $3 fees were sufficient). Farnoosh agreed that this was a great way to boost sales and trusted Mazud, so they went ahead with the idea.

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Related Questions

question 8 a spreadsheet is a versatile tool that helps a project manager to do what? select all that apply.

Answers

A flexible tool, spreadsheets 2. Examples of databases Multi-database systems 2.4. ... Conclusion Plans and Schedules employing a project manager

what is the project manager to do?

Planning, obtaining, carrying out, and finishing a project are all tasks that a project manager is in charge of. The project manager is responsible for overseeing all aspect of the project, including its scope, team management, and resources allocated to it.

What exactly do project managers do and how do they do it?

A project manager's responsibilities include resource management, monitoring client demands, team coordination, and on-time delivery of the results.

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How can the military support your career goals

Answers

Answer:

you can get money to further your education, also engage in stem activities.

Explanation:


2. The rate of assessment in Fulton County is 35%. The tax rate is
81.31 mills. What is the real estate tax on a piece of property that
has a market value of $238,500?

Answers

The real estate tax on a piece of property that has a market value of $238,500 is:$6,787.

Real estate tax

Using this formula
Real estate tax= (Tax rate/1000)× Real property ×Rate of assessment

Tax rate =18.31 mills

Real property=180,000

Rate of assessment=0.35

Let plug in the formula

Real estate tax = 81.31 /1000×$238,500×0.35

Real estate tax = $6,78

Therefore the real estate tax on a piece of property that has a market value of $238,500 is $6,787.

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Medium to large businesses, or those with large data-storage needs, are more likely to use microsoft sql server or oracle as their dbms. true false

Answers

Oracle or Microsoft SQL Server are more likely to be used as dbms by medium-sized to large enterprises, or those with significant data-storage requirements.

A relational database management system created by Microsoft is called Microsoft SQL Server. It is a piece of software known as a database server, and its main job is to store and retrieve data when other software programmes need it. These other software programmes could be running on the same computer or on a different computer on a different network (including the Internet). Microsoft sells at least a dozen different versions of Microsoft SQL Server, each targeted at a different market and suitable for a variety of workloads, from modest single-machine programmes to massive Internet-facing programmes with numerous concurrent users. The original Microsoft SQL Server product, SQL Server 1.0, a 16-bit server for the OS/2 operating system, was released in 1989, and the history of Microsoft SQL Server goes all the way up to the present. Being server software, its name is perfectly descriptive.

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In 2015, the price of US butter imports increased by more than 100 percent compared to the previous year. At the same time, many of the major butter exporters to the US, including New Zealand, saw their share of butter imports drop, while Mexico saw its share rise. What do you think happened in the market to cause this change? How do you think price served as a signal and incentive to producers?​

Answers

a.The primary factor behind the increase in butter prices was a lack of supply.

b. This is because increased butter prices imply that there is a shortage of supply in the market, leading to an opportunity for producers to maximize profits by increasing production to fill the gap in supply and demand.

In 2015, the price of US butter imports increased by over 100 percent compared to the previous year. During the same period, several significant butter exporters to the US, such as New Zealand, saw their share of butter imports decrease, while Mexico's share increased.The primary factor behind the increase in butter prices was a lack of supply. The major butter exporters were experiencing either climatic or political issues that affected their production, hence their export ability.

For example, New Zealand experienced droughts that severely impacted their dairy production, causing a sharp decrease in the supply of butter exports to the United States.Additionally, countries such as the Netherlands and Australia, which had previously supplied butter to the United States, chose to sell their supplies in Europe, where prices were much higher, due to the depreciation of the euro and a decrease in the supply of milk.Therefore, the drop in supply of butter imports from these countries led to an increase in the prices of butter imports in the United States.

The significant rise in butter prices served as an incentive to producers to increase their butter production to meet the growing market demand. Moreover, the increase in prices signaled the opportunity for increased competition in the market, as new entrants could enter the market, increase supply, and take advantage of the high butter prices to earn profits. As a result, the high price served as an incentive for producers to increase butter production, while signaling the opportunity for increased competition in the market.

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Summarise your understanding of the core aspects of an OSHMS and
briefly explain each aspect as it would apply to your organisation.
(6) "Back injuries account for the highest number of on-the-job
e

Answers

OSHMS stands for Occupational Safety and Health Management System. The organization can continuously improve its health and safety performance, prevent accidents and illnesses, and reduce the costs associated with injuries and illnesses on the job.

An OSHMS is a management system that enables organizations to integrate health and safety management into their overall management system, thereby assisting them in managing their health and safety risks and improving their overall safety and health performance. Below are the core aspects of an OSHMS and a brief explanation of each aspect that applies to the organization: Hazard identification, risk assessment, and determining controls: The primary purpose of this core aspect is to identify, evaluate and control hazards that could cause injury or illness to employees or other people affected by the company's operations.

Hazard identification involves examining each task, procedure, and material that could potentially cause harm. A hazard assessment looks at the probability of harm and its consequences. Then the company must determine how to mitigate or control the risk.Education and training: It is critical to educate and train employees on how to work safely. To achieve this, the organization should provide information and instruction about the hazards and how to prevent them. It is also necessary to train employees to operate safely, regardless of their level of experience. Also, OSHMS may require periodic refresher training and updates to ensure employees stay informed on health and safety guidelines.

Report and record-keeping: OSHMS requires record-keeping and reporting to monitor the effectiveness of the system. All incidents, accidents, near-misses, and other issues should be recorded. The data can help in analyzing trends, identifying areas that need attention, and providing feedback on the performance of the OSHMS.Ongoing management and review: OSHMS is an ongoing process that requires regular monitoring and review. The company should audit the system regularly to ensure it is functioning properly. It is necessary to assess the performance of the system, implement corrective action where required and also continuously review and refine the system to ensure it stays up-to-date on new hazards or changes in the industry.

Regulatory compliance: OSHMS should meet regulatory requirements that apply to the organization. This includes ensuring that the company complies with all relevant health and safety legislation and standards and ensuring that the OSHMS meets regulatory requirements.A continuous improvement cycle: OSHMS should be an ongoing process of continuous improvement. To improve the system, the organization should assess its performance, identify areas that need attention, implement corrective action, and review the system. By doing this, the organization can continuously improve its health and safety performance, prevent accidents and illnesses, and reduce the costs associated with injuries and illnesses on the job.

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Which best describes a mixture?
ООО
It has a single composition, and it has a set of characteristics that does not change.
It can have different compositions, but it has a set of characteristics that does not change.
It has a single composition, but it has a set of characteristics that does change.
It can have different compositions, and it has a set of characteristics that does change.

Answers

Answer: it can have different compositions, and it has a set of characteristics that does change.

Explanation:

A mixture is form when other substances are being mixed together. In such scenario, it has different composition and it characteristics are been altered.

Therefore, the option that best describes a mixture is option D "It can have different compositions, and it has a set of characteristics that does change"

Answer:

D.

Explanation:

Why might an employee complain to their employer?

Answers

It’s usually because they don’t feel heard.


Elijah and Aneesha are farmers. Each one owns an 18-acre plot of land. The following table shows the amount of watermelon and zucchini each farmer
can produce per year on a given acre. Each farmer chooses whether to devote all acres to producing watermelon or zucchini or to produce watermelon
on some of the land and zucchini on the rest.

Answers

Aneesha can also produce a total of 72,000 lbs of watermelon and 14,400 lbs of zucchini.

What is the total produce?

Generally, Watermelon (lbs/acre) | Zucchini (lbs/acre)

------------------------|--------------------

4,500                  | 800

If Elijah and Aneesha both choose to grow both watermelon and zucchini, Elijah can produce a total of 72,000 lbs of watermelon (4,500 x 18 acres) and 14,400 lbs of zucchini (800 x 18 acres).

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How do you know if a product is elastic or inelastic?

Answers

The quantity demanded for a product is said to be elastic if price changes cause a larger than proportional shift in quantity demand.

In contrast, a product is said to be inelastic if changes in price have minimal effect on changes in quantity demanded. One product that is extremely inelastic is insulin. Demand for insulin from diabetics is so high that price increases barely have any impact on the amount needed. Price reductions also have no impact on amount needed, as the majority of people who require insulin are already buying it regardless of the price, rather than waiting for it to drop. Products that are very elastic are on the other side of the equation. For instance, spa days are quite elastic because they aren't an essential good.

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Company Z understands that their business is at risk. How can they use step two in the
Decision Making Process to reach their end goal of increasing sales and customer satisfaction?

Answers

Company Z can use step two in the decision-making process to achieve its ultimate goal of increasing sales and customer satisfaction by gathering the relevant information about a decision.

Step two of the decision-making process corresponds to gathering relevant information after the decision has been identified. At this stage, internal and external work is necessary, analyzing the errors and successes related to a past decision.

Therefore, it is necessary for company Z to seek information from different sources, such as the results of previous decisions, studies, market research and consultancy, to ensure greater chances of a decision being effective.

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Business Law Questions:

Homework assignment for Week 15

Saxon, the president and director of a corporation engaged in owning and operating a chain of restaurants, was advised, on what seemed to be good authority, that a highway was to be constructed through the town of Portland, which would be a most desirable location for a new restaurant. Saxon presented the relevant facts to the board of directors of the corporation and recommended that the corporation build a restaurant in Portland at the location indicated. The board of directors agreed, and the new restaurant was constructed at significant cost. The plans for the highway were changed after the restaurant had been constructed, and the highway was built in a location different from the original plan. The restaurant was a total financial disaster. The shareholders brought an appropriate action against Saxon, charging that his proposal had caused the corporation a substantial loss. What is the result? Please explain.

Answers

In this scenario, the shareholders of the corporation have brought an action against Saxon, the president and director of the corporation, for causing the corporation a substantial loss by proposing the construction of a restaurant in a location that turned out to be a financial disaster.

Under the business judgment rule, directors and officers of a corporation are protected from liability for their business decisions if they make those decisions in good faith, with the care that an ordinarily prudent person in a like position would exercise under similar circumstances, and in the best interests of the corporation. If a decision turns out to be a mistake or results in a loss, the courts will not second-guess the decision as long as it was made in accordance with these standards.

In this case, it appears that Saxon made a business decision to recommend the construction of a new restaurant in Portland based on information that seemed to be reliable and in the best interests of the corporation. He presented the relevant facts to the board of directors, who agreed with his proposal and authorized the construction of the restaurant. It was only after the restaurant was built that the plans for the highway were changed, resulting in a financial disaster for the corporation.

Assuming that Saxon acted in good faith, with the care of an ordinarily prudent person in a like position, and in the best interests of the corporation, he would likely be protected by the business judgment rule. The fact that the decision turned out to be a mistake or resulted in a loss does not necessarily mean that Saxon breached his fiduciary duty. The shareholders would have to show that Saxon acted recklessly or negligently, or that he had a conflict of interest that influenced his decision, in order to hold him liable for the corporation's losses.

Therefore, the result of the action brought by the shareholders against Saxon would depend on whether they can prove that he breached his fiduciary duty of care and loyalty to the corporation. If they cannot meet this burden of proof, Saxon would likely be protected by the business judgment rule and not liable for the corporation's losses.

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It is a good idea to get and use an many credit cards as possible to build credit history. True False

Answers

False because you can get bad credit if you ever owe the bank money or if you made a late payment

Insurance is _____________ when the possible loss is relatively large compared to the amount of the premium.

Answers

Using economic understanding, insurance is "Economically feasible" when the possible loss is relatively large compared to the premium amount.

This is because when an individual insured on a premium account loses huge properties that are considerably large compared to the premium paid, this is economically feasible to such an individual.

For example, if an individual has his vehicle worth $1 million on damaged but has only paid less than $100,000 as insurance fee, such individual would have his car replaced by the insurance firm, despite only paying 10 percent of the car price as insurance fee.

Thus, this situation is considered economically feasible.

Hence, in this case, it is concluded that the correct answer is "Economically feasible."

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Ellen elder and her brother, buster started elder company when they each invested $600 in the company. after the investments there will be:______.

Answers

In  a case whereby Ellen elder and her brother, buster started elder company when they each invested $600 in the company. after the investments there will be three reporting entities.

What are investments?

An investment  can be described as the  asset or item that is been acquired  having in mind about the  goal of generating income or appreciation.

Therefore, In  a case whereby Ellen elder and her brother, buster started elder company when they each invested $600 in the company. after the investments there will be three reporting entities.

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The current price of a German bond is €98 and the current exchange rate is €1 = $1. 5. The bond pays a coupon of €10 per period. ‘You expect the bond price to increase to €105 at the end of the period. Also, you expect the exchange rate to become €1= $1. 15 at the end of the period. What is the expected dollar rate of return on the German bond for the period?

Answers

The expected dollar rate of return on the German bond for the period is 16.15%.

Expected capital gain = €105 - €98 = €7

Expected exchange rate = €1 = $1.15

Expected dollar bond price = €105 × ($1.15/€1) = $120.75

Expected coupon payment = €10 × ($1.5/€1) = $15

Initial dollar bond price = €98 × ($1.5/€1) = $147

Expected dollar rate of return = ($15 + €7 × ($1.15/€1)) / $147 = 16.15%.

A bond refers to a debt security issued by a corporation, government or other organization, which serves as a means of borrowing funds from investors. When an entity issues a bond, it is essentially borrowing money from investors who buy the bond, and promising to pay them back with interest at a predetermined time in the future.

Bonds are generally considered to be less risky than stocks because they provide a fixed income stream and a predetermined repayment date. The interest rate on a bond is called the coupon rate and is typically fixed for the life of the bond. Bonds are usually bought and sold on the bond market, which is a separate market from the stock market. Investors can use bonds to diversify their portfolios and reduce their overall risk because the returns on bonds tend to be less volatile than stocks.

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The skills a student learns while studying are transferable to many careers.
OA. True
OB.False

Answers

Transferable skills are the skills that a person can use and carry from one job to the next job. The skills a student learns while studying are transferable to many careers. This statement is TRUE.

What are Transferable skills?

Competencies that a person can utilize and carry from one profession to another are known as transferable skills. They consist of teamwork, organization, punctuality, flexibility, and communication skills.

An increasing number of organizations are looking for candidates with strong transferable skills to join their technical team. Candidates with transferable skills are quick and independent. Giving students the knowledge and skills that are applicable outside of the classroom will thereby position them for higher job success.

Candidates for any position should think about how valuable transferable skills are to their employers. These less tangible skills, which are inextricably linked to a profession, aid a candidate in demonstrating his level of education.

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When Ruth finishes reading her subscriber's copy of Cookie Magazine, she gives the copy to her sister Beth. Beth is part of the magazine's: Group of answer choices Pass-along readership Secondary communications network Derived readership Secondary target audience Subsidiary target audience

Answers

When Ruth finishes reading her subscriber's copy of Cookie Magazine, she gives the copy to her sister Beth. Beth is part of the magazine's pass-along readership.

Pass-along readership refers to the individuals who read a publication after it has been passed along to them by the primary reader, which in this case is Ruth. Pass-along readership is an important aspect of magazine readership as it expands the reach of the publication and exposes it to a wider audience. It is also a key consideration for advertisers as they seek to understand the full extent of the readership and the potential impact of their advertisements.

It is worth noting that pass-along readership is different from derived readership, which refers to individuals who do not have a direct subscription to the publication but read it in public spaces such as waiting rooms or libraries. The secondary target audience and subsidiary target audience refer to groups of individuals who are targeted by the publication or its advertisers as potential readers or customers, respectively.

In conclusion, Beth is part of the pass-along readership of Cookie Magazine, which is an important aspect of the magazine's readership and exposure to potential advertisers.

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Oriole Company had 302000 shares of common stock issued and outstanding at December 31, 2020. During 2021, no additional common stock was issued. On January 1, 2021, Oriole issued 404000 shares of nonconvertible preferred stock. During 2021, Oriole declared and paid $171000 cash dividends on the common stock and $155000 on the nonconvertible preferred stock. Net income for the year ended December 31, 2021, was $964000. What should be Oriole's 2021 earnings per common share, rounded to the nearest penny

Answers

Answer: $2.68

Explanation:

Oriole's 2021 earnings per common share would be calculated by using the formula:

​​​​= (Net income - preference dividend) / outstanding common stock

= ($964000 - $155000) / 302000

= $809000 / 302000

= $2.68 per common share

The CoCd is defined as a legal entity, from which a legal set of financial statements can be derived.
True
False

Answers

The statement is true. The CoCd (Company Code) is indeed defined as a legal entity that enables the creation of a legal set of financial statements.

In SAP (Systems, Applications, and Products), the Company Code represents the smallest organizational unit for which a complete self-contained set of accounts can be created. It is associated with a specific legal entity within an organization. The Company Code is responsible for maintaining financial records, producing financial statements, and complying with legal and statutory requirements. It acts as a standalone entity within the organization and can have its own chart of accounts, currency settings, fiscal year variants, and reporting requirements.

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After learning about social media ethics, what 5 things would you tell other high school students positive or negative about social media and how it will potentially affect their high school experience and their potential career?

Answers

1. A positive is meeting and learning from new people 2. social media Can be dangerous to mental health 3 Stay in touch with distant people 4. Learn subjects 5. What you say online can bite you on the butt

Which action would a government most likely take to reduce its
unemployment rate?
A. Use tax money to hire workers for government projects
B. Cut taxes on businesses that operate with very few workers
C. Increase taxes on businesses that operate outside the country
D. Cut off loans to businesses in order to reduce the money supply
SUBMIT

Answers

A; sounds like the best option

The unemployment rate is the unemployed divided by the sum of employed and unemployed, in order to reduce it the government can hire workers for a new project by using tax money.

What is the unemployment rate?

It is the rate of unemployment calculated by the number of people unemployed to the total number of people employed and unemployed multiplied by 100.

In order to reduce it, the government can hire workers for a new project by using tax money

Therefore, option A can help in the reduction of the unemployment rate.

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What is the balance on an amortized loan of $340,000 after the first payment if the interest rate is 6% with a monthly P

Answers

Answer:

I think it would be $339,672.00 but not positive

Explanation:

The graph presents a production possibilities curve, or frontier, PPF for the nation of New Carnitas. Each point on this curve represents a combination of steak and potatoes that this country can produce given its resources and technology. Based on the information in the graph, place the points as indicated.
Point A is an attainable and efficient combination of steak and potatoes.

Point B is consistent with the full employment of available resources.

Between points C and D, the opportunity cost of 1 pound of steak is 2 pounds of potatoes.

Between points E and F, the opportunity cost of 1 pound of potatoes is 3 pounds of steak.

Point G represents an unattainable combination of steak and potatoes.

Point H represents an inefficient use of New Carnitas's resources.

Answers

Given that the graph is not shown here these are the basic points in a production possibility curve.

The attainable point in a production possibility curve

This is the point that lies on the curve of the PPC. This point can be produced by the resources that are available at the moment.

The full employment of resources on the PPC

This is the point that has all the resources in the economy being used in the production of goods and resources.

The unattainable point in a PPC

The unattainable point in the curve is the point that is outside of the curve. At this point the resources available cannot be used for production.

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To get the necessary funds for a planned expansion, a small company took out three loans totaling $22,000. Company owners were able to get interest rates of 9%, 10%, and 11%. They borrowed $1000 more at 10% than they borrowed at 11%. The total annual interest on the loans was $2110. Answer parts (a) through (d).
(a) How much did they borrow at each rate?
The company borrowed $ at 9%, $ at 10%, and $ at 11%.

Answers

The company borrowed $4333.33 at 11%, $5333.33 at 10%, and $13333.34 at 9%.

To find out the amount borrowed at each rate of interest, we can follow these steps:

Let's assume that the company borrowed x dollars at 11% interest, so the amount borrowed at 10% is (x + 1000). The amount borrowed at 9% is (22000 - 2x - 1000). Now we can calculate the total interest paid as per the given information:

The interest on x dollars at 11% = 0.11x

The interest on (x + 1000) dollars at 10% = 0.10(x + 1000)

The interest on (22000 - 2x - 1000) dollars at 9% = 0.09(22000 - 2x - 1000)

Total Interest = 0.11x + 0.10(x + 1000) + 0.09(22000 - 2x - 1000) = $2110

Now, we can solve for x and get the amount borrowed at each rate as follows:

Using the above steps:

0.11x + 0.10(x + 1000) + 0.09(22000 - 2x - 1000)

= $21100.11x + 0.10x + 100 + 1980 - 0.18x - 90

= $21100.03x

= 130x

= $4333.33

So the amount borrowed at 11% interest is $4333.33.

The amount borrowed at 10% is $5333.33.

The amount borrowed at 9% is $13333.34.

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At which stage of the product life cycle are product sales always zero?

Answers

Answer:

Explanation:

Answer:

Introduction

Explanation:

The Product Life Cycle is a term used to refer to the lifespan of a product. Beginning from the introduction of the product to the market, the product grows into maturity and ultimately leads to the death/decline of the product.

There are four stages of the Product Life Cycle:

IntroductionGrowthMaturityDecline

The stage in which the product sales are always zero is the introduction of the product to the market. When a product is introduced to the market, the product sales are always zero. It is after consumers become familiar with the product that its sales increase.

Therefore, the introduction stage is the correct answer.

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).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

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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Gretchen works for Securitas Financial Group, but she seldom sees the inside of the offices. Instead, she does most of her work in a home office she put together in a spare bedroom. Her computer is linked to Securitas's office, so her work is distributed as quickly and efficiently as if she were at the office. Gretchen is one of the increasing number of workers who

Answers

Since Gretchen does most of her work at home and seldom go to office, Gretchen have become independent contractors.

Who is an independent contractor?

An independent contractor serves as a self-employed person, who is a consultant that provides services to other organization.

Therefore, under Common law principles, independent contractor can be regarded as a status involving method of payment.

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explain the negative effects that will arise as a result of the management's actions that often practice favoritism in the process of hiring new employees​

Answers

Answer:

When management practices favoritism in the process of hiring new employees, it can lead to negative effects on both the organization and its employees, including:

1. Decreased morale: Employees who are passed over for promotions or job opportunities due to favoritism may become demotivated and feel undervalued. This can result in decreased productivity, higher absenteeism, and even employee turnover.

2. Decreased trust: When management practices favoritism, it erodes trust among employees and between employees and management. Employees may feel that the organization is not transparent or fair in its practices, which can lead to a lack of commitment and loyalty.

3. Decreased diversity: Favoritism can lead to a lack of diversity in the workplace, as managers may favor candidates who share their same background, experiences, or opinions. This can limit the perspectives and ideas brought to the table and may negatively impact the organization's performance and growth.

4. Legal repercussions: Favoritism in the hiring process can result in legal issues for the organization, including discrimination lawsuits or complaints filed with government agencies. This can damage the organization's reputation and result in financial penalties or other legal consequences.

Explanation:

In conclusion, the negative effects of management's actions of favoritism in the process of hiring new employees can be significant, and can impact the organization's overall performance and success. It is important for management to establish fair and transparent hiring practices, which can help to ensure that all employees are valued and given equal opportunities for career advancement.

If pencil manufacturers are earning positive economic profit in the short run, and there are no barriers to entry into the pencil market, economic theory predicts that: a. new firms will enter the market and drive down the price of pencils in the long run, ceteris paribus. b. new entrants into the pencil market will drive up the price of pencils because each pencil manufacturer will be producing fewer pencils and the cost per pencil will increase, ceteris paribus. с. some firms will exit the pencil market in the long run, causing the price of pencils to fall, ceteris paribus. d. some firms will exit the pencil market in the long run, causing the price of pencils and the profits of pencil manufacturers to increase in the long run, ceteris paribus

Answers

The correct answer is: a. New firms will enter the market and drive down the price of pencils in the long run, ceteris paribus.

According to economic theory, if pencil manufacturers are earning positive economic profit in the short run and there are no barriers to entry into the market, new firms will be incentivized to enter the market. The entry of new firms increases the overall supply of pencils, leading to a downward pressure on the price of pencils in the long run. As competition intensifies, the increased supply and the resulting price decrease will reduce the economic profit of existing firms, eventually driving it down to zero in the long run. Ceteris paribus refers to the assumption that all other relevant factors remain constant, focusing solely on the impact of new firms entering the market and its effect on price and profits.

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