More Competition: You are in a head-to-head battle with your arch competitor, Evil Enterprises. One of your co-workers approaches you. He has recently joined your company after having worked for a second competitor for several years. He suggested, "I made notes on all of Evil's bids when I could get the data. They use some clear cost standards. Would you like me to bring my notes to the office tomorrow and let you look through them?
Answers
Explanation:
In this case, there may be an ethical dilemma, so it is necessary to analyze where the information collected by your co-worker arose.
It would be important to analyze whether he got this information through an open registration and after bids have been opened or the information was compiled illegally.
In case the information is obtained in a legal way, it would be important for the company to study the data of Evil enterprises in order to understand its bidding strategy and outline a strategy so that its company also remains competitive in the market.
Related Questions
what is business organization
Answers
Answer:
A business organization is a legally recognized entity that is created for the purpose of conducting commercial or industrial activity. There are several types of business organizations, including sole proprietorships, partnerships, corporations, and limited liability companies (LLCs).
Each type has its own set of advantages and disadvantages, and the type that is best for a particular business will depend on the specific circumstances and goals of the organization.
A sole proprietorship is owned and operated by one person, with no legal distinction between the owner and the business.
Partnerships are owned and operated by two or more people, and can take the form of a general partnership or a limited partnership.
Corporations are legal entities that are separate and distinct from their owners, and can be owned by shareholders.
LLCs are a hybrid type of business organization that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
In addition to these types, there are also non-profit organizations, cooperatives and government-owned corporations.
Each type of business organization has its own set of rules and regulations that must be followed, as well as tax implications.
It is important for business owners to carefully consider the type of organization that is best for their business, and to consult with legal and financial professionals to ensure that they are in compliance with all applicable laws and regulations.
Step 2. Search to find any summary about the company that mentions funds for starting the business. Try to find any information containing employee data in this section.
Step 3. Find the section where the product or service is detailed. Look to see what kinds of products or services will be involved with the business. Compare this with what other similar business plans are offering.
Record the information you found for steps 2 and 3. Make sure you discuss how the company got money to start the business, employee data, and what products or services the company provides in comparison with what other similar business plans are offering.
Answers
We can see here that such company gotten after searching for company that mentions funds for starting the business is Go-o-gle.
Funds for starting the business: $1 million in funding from Andy Bechtolsheim.
Employee data: over 160,000 employees worldwide.
What is a company?A company is a legal and organizational entity formed by individuals or a group of individuals with the purpose of conducting business activities. It is an association of individuals who come together to engage in commercial, industrial, or professional activities in order to generate revenue and make a profit.
Their products are digital and online services.
Comparing this company, we see Microsoft.
Learn more about business on https://brainly.com/question/26106218
#SPJ1
Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent: Direct materials $8,400 Direct labor 11,200 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell Clemente 10,000 units of the subcomponent for $2.85 a unit. If Clemente could avoid $3,000 of fixed overhead by accepting the offer, net income would increase (decrease) by
Answers
Answer:
$6700
Explanation:
Direct materials $8,400 + Direct labor 11,200 + Variable overhead 12,600 + Fixed overhead 16,200
= 48400 total
2.85 x 10000= 28500
Fixed overhead 16,200 - $3,000
= 13200
28500 + 13200 = 41700
Change in net income = 48400 - 41700
= 6700
The net income of the company would increase by $6700
Which issue has become a legal battleground specifically in the arena of contingent workers who have made the argument that they are contingent in name only
Answers
The issue that has become a legal battleground specifically in the arena of contingent workers is : Receiving benefits.
Who are contingent workers?Contingent workers are the type of workers that hired per-project basis.
They are not a part of the company hence, not required to give benefit to them like its full-time workers.
Contingent workers are part-time employees who receives fewer or no benefits from their employer, which result in a cost.
Contingent workers are made up of
FreelancersConsultantsContractors.Hence, the issue that has become a legal battleground specifically in the arena of contingent workers is receiving benefits.
Learn more about contingent workers here : https://brainly.com/question/6821484
Prepare the journal entries to record the following transactions of Wildhorse Company's books under a perpetual inventory system. Clarify which are debit and which are credit.
(a) On March 2nd, Windsor Company sold $854,200 of merchandise to Wildhorse Company on account, terms 2/10, n/30. The cost of merchandise sold was $517800.
(b) On March 6th, Wildhorse Company returned $109800 of the merchandise purchased on March 2nd. The cost of the merchandise returned was $66800.
(c) On March 12th, Windsor Company received the balance due from Wildhorse Company.
Answers
a) Credit Inventory for $517,800
b) Debit Inventory for $66,800
c) Credit Accounts Receivable (or Trade Receivables) for the same amount
(a) The journal entry to record the sale of merchandise from Windsor Company to Wildhorse Company on March 2nd would be:
Debit Accounts Receivable (or Trade Receivables) for $854,200
Credit Sales Revenue for $854,200
Debit Cost of Goods Sold for $517,800
Credit Inventory for $517,800
The debit to Accounts Receivable represents the amount owed by Wildhorse Company for the merchandise purchased on account. The credit to Sales Revenue recognizes the revenue generated from the sale. The debit to Cost of Goods Sold recognizes the cost of the merchandise sold, and the credit to Inventory reduces the inventory balance as the goods are no longer in stock.
(b) The journal entry to record the return of merchandise by Wildhorse Company on March 6th would be:
Debit Sales Returns and Allowances for $109,800
Credit Accounts Receivable (or Trade Receivables) for $109,800
Debit Inventory for $66,800
Credit Cost of Goods Sold for $66,800
The debit to Sales Returns and Allowances reduces the revenue from the original sale. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company for the returned merchandise. The debit to Inventory increases the inventory balance as the goods are returned to stock, and the credit to Cost of Goods Sold reduces the cost of the merchandise originally sold.
(c) The journal entry to record the payment received by Windsor Company on March 12th would be:
Debit Cash (or Bank) for the amount received from Wildhorse Company
Credit Accounts Receivable (or Trade Receivables) for the same amount
The debit to Cash represents the inflow of funds from the customer's payment. The credit to Accounts Receivable reduces the amount owed by Wildhorse Company, reflecting the settlement of the outstanding balance.
for more such questions on amount
https://brainly.com/question/28147009
#SPJ8
Africanisation (how will you incorporate the learners' culture or heritage into this lesson playing a traditional game, or doing a traditional activity, singing a song, telling a story that relates to learners culture, use a traditional African teaching strategy - be creative and make this lesson relevant to the learners culture) -
Answers
To introduce learners to the rich storytelling tradition of African folktales and promote cultural appreciation.
1) Opening
2) Storytelling
3) Group Discussion
4) Traditional Game
5) Artistic Expression
6) Reflection
To incorporate Africanization and the learners' culture into a lesson, we can design an interactive activity that draws from traditional African elements and teaching strategies. Here's an example of a relevant and engaging lesson:
Title: Exploring African Folktales
Objective: To introduce learners to the rich storytelling tradition of African folktales and promote cultural appreciation.
1. Opening:
Start the lesson by playing traditional African music in the background to set the cultural ambiance. Greet the learners using a common African greeting such as "Jambo" (Swahili) or "Sanibonani" (Zulu) and briefly explain the purpose of the lesson.
2. Storytelling:
Tell a traditional African folktale that reflects the values and wisdom of African culture. Choose a story from a specific African country or region, ensuring it is age-appropriate and aligns with the lesson's theme. As you tell the story, incorporate expressive gestures, facial expressions, and vocal variations to captivate the learners.
3. Group Discussion:
Engage the learners in a group discussion about the moral or lesson learned from the folktale. Encourage them to reflect on how the values portrayed in the story relate to their own lives and cultural heritage.
4. Traditional Game:
Introduce a traditional African game that promotes teamwork and problem-solving. For example, you can teach the learners how to play "Mancala," a popular African board game that requires strategic thinking. Divide the class into pairs or small groups and provide them with Mancala boards to play and compete.
5. Artistic Expression:
Provide art materials and ask the learners to create illustrations or drawings inspired by the folktale they heard. Encourage them to incorporate symbols or elements from their own culture or heritage into their artwork.
6. Reflection:
Conclude the lesson with a reflection activity. Ask the learners to share their thoughts on how storytelling and traditional games can teach important values and strengthen cultural identity. Emphasize the importance of preserving and celebrating African traditions.
By incorporating traditional African storytelling, games, and art into the lesson, learners can connect with their culture and heritage in a meaningful way. This approach fosters cultural appreciation, pride, and a sense of belonging among the learners.
for more such question on cultural visit
https://brainly.com/question/27778728
#SPJ8
List three pieces of criteria that economists use to determine if someone is employed
Answers
Answer:
The summary as per the given query is summarized below.
Explanation:
The criterion used by economists to decide whether the individual was working wasn’t employed.Employees hold down jobs for full as well as part-time pay where they already haven't a job and therefore are provisions of these terms for work even though they are unemployed.The labor force seems to be the number among all jobs working as well as unemployment.JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000. Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
Answers
JaCo uses the periodic method and records merchandise purchases at net. Its 20X4 ending inventory is $69,000. During 20X5, JaCo purchases merchandise for $878,000, with freight-in of $11,000.
Purchase returns are $17,000, purchase discounts lost are $4,000, and the cost of merchandise on hand a tyear end is $91,000. At yearend, JaCo records the following entry:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
To record the yr-stop entry for inventory under the periodic approach, JaCo desires to calculate the value of products offered (COGS) for 20X5. The formula for COGS underneath the periodic technique is:
COGS=Beginning stock + Purchases − Ending stock
Plugging in the given values, we get:
COGS=69,000(878,000+11,000−17,000+4,000)−91,000=69,000+876,000−91,000=854,000
Therefore, the 12 months-cease access for inventory is:
Account
Debit = Cost of Goods Sold = 854,000
Credit = Inventory = 854,000
This entry reduces the inventory account to the finishing balance of $91,000 and records the expense of COGS for the year.
To know more about periodic method,
https://brainly.com/question/15682503
#SPJ1
Part 2 - Drill and Kill- Answer the following questions.
Units produced per hour
Baskets
Rings
Isaac
Sarah
6
5
24
10-
1. Is this an output problem or an input
problem? OUTPUT
2. What is Isaac's opportunity cost of
producing 1 basket?
3. What is Sarah's opportunity cost or
producing 1 ring?
4. What is Isaac's opportunity cost of
producing 1 ring?
5. What is Sarah's opportunity cost of
producing 1 basket?
6. Who has the absolute advantage in
producing baskets?
7. Who has the absolute advantage in
producing rings?
8. Who has the comparative advantage in
producing baskets?
9. Who has the comparative advantage in
producing rings?
10. What would acceptable terms of trade
be between Isaac and Sarah?
Canada
Mexico
Hours to produce one unit
Skyscraper
Space Shuttle
600
800
500
1000
1. Is this an output problem or an input
problem? Out Put
2. What is Canada's opportunity cost of
producing skyscraper?
3. What is Mexico's opportunity cost or
producing 1 space shuttle?
4. What is Canada's opportunity cost of
producing 1 space shuttle?
5. What is Mexico's opportunity cost of
producing 1 skyscraper?
6. Who has the absolute advantage in
producing skyscrapers?
115
7. Who has the absolute advantage in
producing space shuttles?
8. Who has the comparative advantage
in producing space shuttles?
9. Who has the comparative advantage
in producing skyscrapers?
10. What would acceptable terms of
trade be between Canada and
Mexico?
Answers
The responses to each question on opportunity cost are as follows:
This is an output problem.Isaac's opportunity cost of producing 1 basket is 5 rings.Sarah's opportunity cost of producing 1 ring is 0.4 baskets.Isaac's opportunity cost of producing 1 ring is 0.2 baskets.Sarah's opportunity cost of producing 1 basket is 2.5 rings.What are the responses to other questions?The following are responses to the questions on absolute advantage:
6. Isaac has the absolute advantage in producing baskets.
7. Sarah has the absolute advantage in producing rings.
8. Isaac has the comparative advantage in producing baskets.
9. Sarah has the comparative advantage in producing rings.
10. Acceptable terms of trade would depend on the specific negotiation between Isaac and Sarah. However, a possible acceptable term of trade could be exchanging 1 basket for 3 rings.
1. Is this an output problem or an input problem?
- This is an output problem.
2. What is Canada's opportunity cost of producing a skyscraper?
- Canada's opportunity cost of producing a skyscraper is 800 space shuttles.
3. What is Mexico's opportunity cost of producing 1 space shuttle?
- Mexico's opportunity cost of producing 1 space shuttle is 0.625 skyscrapers.
4. What is Canada's opportunity cost of producing 1 space shuttle?
- Canada's opportunity cost of producing 1 space shuttle is 0.75 skyscrapers.
5. What is Mexico's opportunity cost of producing 1 skyscraper?
- Mexico's opportunity cost of producing 1 skyscraper is 1.6 space shuttles.
6. Who has the absolute advantage in producing skyscrapers?
- Canada has the absolute advantage in producing skyscrapers.
7. Who has the absolute advantage in producing space shuttles?
- Mexico has the absolute advantage in producing space shuttles.
8. Who has the comparative advantage in producing space shuttles?
- Mexico has the comparative advantage in producing space shuttles.
9. Who has the comparative advantage in producing skyscrapers?
- Canada has the comparative advantage in producing skyscrapers.
10. What would acceptable terms of trade be between Canada and Mexico?
- Acceptable terms of trade would depend on the specific negotiation between Canada and Mexico. However, a possible acceptable term of trade could be exchanging 1 space shuttle for 2.5 skyscrapers.
learn more about opportunity cost: https://brainly.com/question/1549591
#SPJ1
If the amount of gasoline purchased per car at a large service station has a population of $15 and a population standard deviation of$4 then 99.73% of all cars will purchase between $3 and $27
Answers
The range between $3 and $27 is three standard deviations away from the mean.
Since we know that 99.73% of the data falls within three standard deviations of the mean, we can estimate that 99.73% of all cars will purchase gasoline between $3 and $27.
According to the given information, the population mean is $15, and the population standard deviation is $4.
This means that 99.73% of all cars will purchase gasoline within three standard deviations of the mean, using the empirical rule.
Therefore, we can use the empirical rule to estimate the percentage of cars that will purchase gasoline between $3 and $27.
The empirical rule is also known as the 68-95-99.7 rule, which states that:Approximately 68% of the data falls within one standard deviation of the meanApproximately 95% of the data falls within two standard deviations of the meanApproximately 99.7% of the data falls within three standard deviations of the mean.
To find the number of standard deviations that correspond to $3 and $27, we need to calculate the z-scores.
The z-score formula is given as:z = (x - μ) / σwhere z is the standard score, x is the value of the variable, μ is the population mean, and σ is the population standard deviation.
To find the z-score for $3, we plug in the values:z = (3 - 15) / 4z = -3To find the z-score for $27, we plug in the values:z = (27 - 15) / 4z = 3.
For more such questions on standard deviation
https://brainly.com/question/29435572
#SPJ8
How To Find The Best Luxury Portable Restrooms In Sacrament
Answers
Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.
To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.
You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.
Learn more about customer support:
https://brainly.com/question/28417930
#SPJ1
is the creation of real or perceived differences in goods or services.
Answers
Answer:product differentiation
Explanation:
Deming management proposed ideas for making organizations more responsive, more democratic, and ______.
Answers
Deming management proposed ideas for making organizations more responsive, more democratic, and less wasteful.
All organizations aim towards optimizing their processes to achieve the best environment to discharge their duties. Deming management is one of such businesses that optimize their processes.
They made their organization responsive by setting up processes that will enable the organization to respond more quickly to business needs. They also made their organization more democratic by making it easier for their employees to approach their bosses with business needs.Learn more about the roles of Managements here:
https://brainly.com/question/1276995
An example of a start of a start up cost
Answers
Answer:
what
Explanation:
please write the question properly I can't understand it
Define the term product mix and describe at least two strategies that companies may use to manage their product mix.
Describe the stages of the product life cycle.
Describe the purpose and common uses of a SWOT analysis.
Explain the goal of product planning and typical product planning activities. What impact do operation needs, such as size of staff, distribution, etc. have on making decisions about products and services?
Explain the four components of a product’s utility.
FIVE SHORTS ANSWERS PLEASE.
Answers
1) Product mix refers to the set of all products or product lines that a company offers for sale. This includes variations in product size, style, color, and other features. Companies may use various strategies to manage their product mix, including product line extension and product line contraction. Product line extension involves adding new variations or products to an existing product line, while product line contraction involves eliminating products or variations that are no longer profitable or aligned with company goals.
2) The goal of product planning is to ensure that a company's products meet customer needs and are profitable. Typical product planning activities include identifying customer needs and trends, researching and developing new products, determining pricing and promotional strategies, and evaluating product performance. Operation needs, such as the size of staff and distribution capabilities, can impact decisions about which products and services a company offers. For example, a company with limited distribution capabilities may choose to focus on a smaller product mix that can be efficiently distributed to customers. Similarly, a company with a small staff may choose to focus on a narrower product mix that can be effectively managed with limited resources.
For more such question on strategies
https://brainly.com/question/28561700
#SPJ11
What's the answer to this question?
Answers
How do lines 345-365 illustrate the Cyclops’ societal failure?
Answers
How could the culture of Noor Bank be considered a strong culture.
Answers
Answer:
Explanation:
The culture of Noor Bank can be considered a strong culture for several reasons:
Shared values and beliefs: Noor Bank has a clearly defined set of values and beliefs that are shared among its employees. These include customer focus, integrity, teamwork, and innovation. This shared sense of purpose and identity helps to unify employees and guide their actions and decisions.
Consistency: Noor Bank's culture is consistent across all levels of the organization. From the CEO to the front-line staff, everyone is expected to adhere to the same set of values and behaviours. This consistency helps to create a sense of trust and reliability among customers and stakeholders.
Employee engagement: Noor Bank actively engages with its employees to foster a strong culture. This includes regular training and development programs, team-building activities, and opportunities for feedback and communication. Employees feel valued and supported, which helps to increase their commitment to the organization.
Adaptability: Despite its strong culture, Noor Bank is also adaptable and responsive to changes in the business environment. The bank encourages innovation and is willing to take risks in pursuit of new opportunities. This flexibility helps to keep the culture fresh and relevant, while still maintaining a strong sense of identity.
Overall, the strong culture of Noor Bank helps to create a cohesive and unified organization that is focused on serving its customers and achieving its goals. This culture is based on shared values and beliefs, consistency, employee engagement, and adaptability, all of which contribute to the bank's success.
Credit card applicants have a mean credit rating score of 667. Assuming that the distribution of credit rating scores, X, is Normal with standard deviation 65, calculate the probability that a single applicant for a credit card will have a credit rating score above 700.
Answers
Answer:
Explanation:
The probability that a single credit card applicant will have a credit rating score above 700 can be calculated using the Z-score formula:
Z = (X - Mean) / Standard Deviation
Where X is the credit rating score of 700, the Mean is the mean credit rating score of 667, and Standard Deviation is 65.
Plugging in the values:
Z = (700 - 667) / 65
Z = 0.4615
Now that we have the Z-score, we can use a standard normal table to find the corresponding probability. The probability of having a Z-score of 0.4615 or higher is 0.6429, which means that there is a 64.29% chance that a single applicant for a credit card will have a credit rating score above 700.
Robert makes $10 an hour. He is paid double time for any overtime over
40 hours. If he worked a total of 46 1/2 hours last week, what is his
overtime pay? *
O $400
$465
$130
$65
Answers
$465
I hope this helps! Have a good rest of your day/night :)
Because he had been working 46 1/2 hrs last week and he get pain for $10 an hour so I would be $465
Recommended methods to protect yourself from identity
theft and fraud include____
Answers
A. Placing a credit freeze with the credit bureaus is the correct answer.
Answer:
A. Placing a credit freeze with the credit bureaus is the correct answer.
Explanation:
mark please
FILL IN THE BLANK the general electric model can be compared to swot analysis. market attractiveness corresponds to the_____element is swot analysis, whereas business strength corresponds to the_______ element.
Answers
Swot analysis and the general electric model are comparable. In a swot analysis, company strength refers to the internal aspect, while market attractiveness corresponds to the external element.
Which of the following actions could a marketer do while conducting a situational analysis?A situational analysis determines possible clients, examines predicted growth, evaluates competitors, and creates a realistic assessment of your company using market research. It entails focusing on the specific goals of the company and determining the elements that help or hinder those goals.
When a company launches a new product or service, which growth approach is employed?Market development plan is a growth strategy used by businesses or organizations to reach target consumers they haven't yet attained or aren't already serving with their offerings.
To Know more about Market development
https://brainly.com/question/28497768
#SPJ4
What is penetration pricing?
OA. The approach of lowering prices temporarily to gain market share
OB. Intentionaly not lowering prices below all competitors in order not
OC. A fairly standard retail markup in which the retailer's cost is
O D. When a business simply tries to bring in enough revenue to survive
to enter into price wars
doubled
the difficult period
Answers
Answer:
A. The approach of lowering prices temporarily to gain market share
Explanation:
Penetration pricing is a strategy that marketers use to quickly gains market share of a new product. The strategy involves lowering the price of new products to woe customers to buy. The lowering of the price is temporary. Marketers use this strategy to introduce a product as a pocket-friendly alternative.
Penetration pricing is used where a product will be in competition with other existing brands. After the product has gain market share, marketers may increase the price to make profits.
Answer:
A
Explanation:
A sentence that contains one independent clause and one or more dependent clauses is a
Answers
Answer:
Complex sentence they always have one independent clause + 1 or more dependant clause
Joined by using conjunctions!
PLEASE HELP WILL MARK BRAINLEST!!!!
Which of these elements contributes toward globalization of the
economy?
A. Use of foreign labor
B. Import duties and tariffs
C. Anti-immigration policies
D. Opportunity costs
Answers
Answer:
A
Explanation:
The elements contributes toward globalization of the economy is Anti-immigration policies. Thus, option C is correct.
What is Globalization?Globalization creates greater interconnections among the people and economies of the world. Increasing trade and communication between nations is considered one example of globalization. Globalization represents the exchange and growing liberty between the nation and people worldwide.
Globalization guides toward global cultural, economic and political integration. Conservative Republicans seek to shield American business from Foreign competition by imposing tariffs. Tariff barriers are import tariffs.Tariffs essentially boost the pricing of such imports, giving domestic businesses a competitive advantage in the same marketplaces.
Therefore, The elements contributes toward globalization of the economy is Anti-immigration policies. Thus, option C is correct.
Learn more about economy on:
https://brainly.com/question/2421251
#SPJ2
Suppose that Markus Braun has a set of steps that Wirecard takes each time they acquire a new company. This _ is known as a _ .
Answers
As Markus Braun has a set of steps that Wirecard takes each time they acquire a new company This is known as a strategic goal.
What is the goal?A goal is a target or objective that someone is attempting to reach. The goal can also refer to the finish line of a race or the object that a player is attempting to insert as part of a game. As a noun, "goal" has other meanings.
The term strategic goals are referred to the specific and the financial as well as the non-financial objectives, There aims to achieve the goals in a specific period of time is there in it.
Therefore, As a result, The Wirecard takes each time they acquire a new company is known as strategic goals.
Learn more about The goal here:
brainly.com/question/21032773
#SPJ9
Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending retained earnings to answer the rest of the questions.
Assets Liabilities
Beginning of Year: $29,000 $16,000
End of Year: $63,000 $29,000
Required:
a. What is the equity at the beginning of the year? 13000
b. What is the equity at the end of the year? 34000
c. If the company issues common stock of $5,500 and pay dividends of $36,700, how much is net income (loss)?
Answers
Answer:
a. $13,000
b. $34,000
c. $10,200
Explanation:
a. Calculation to determine the equity at the beginning of the year
Asset = Liabilities + Equity
$29000 = $16000 + Equity
Equity=$29,000-$16,000
Equity = $13,000
Therefore the equity at the beginning of the year is $13,000
b. Calculation to determine the equity at the end of the year
Asset = Liabilities + Equity
$63000 = $29000 + Equity
Equity = $63000-$29,000
Equity=$34,000
c. Calculation to determine how much is net income (loss)
Opening Equity + Issued common stock – dividend + Net income = Closing Equity
$13,000 + $36,700 - $5,500 + Net income = $34,000
$44,200+ Net income = $34,000
Net income=$44,200-$34,000
Net income=$10,200
Therefore the net income is $10,200
A farmer who grows genetically engineered corn is experiencing trouble with corn borers.
A random check of 5,000 ears revealed the following: Many of the ears contained no
borers. Some ears had one borer; A few had two borers, and so on. The distribution of the
number of borers per ear approximated the Poisson distribution. The farmer counted
3,500 borers in the 5,000 ears. What is the probability that an ear of corn selected at
random will contain no borers?
Answers
The probability that an ear of corn selected at random will contain no borers is approximately 0.4966 or 49.66%.
How did we get the value?To calculate the probability that an ear of corn selected at random will contain no borers, use the Poisson distribution formula. In a Poisson distribution, the average number of events (borers in this case) is represented by λ (lambda).
Given that the distribution of the number of borers per ear approximates the Poisson distribution, calculate the value of λ using the information provided. The average number of borers per ear can be obtained by dividing the total number of borers by the total number of ears:
λ = (Total number of borers) / (Total number of ears)
= 3,500 / 5,000
= 0.7
Now, use the Poisson distribution formula to calculate the probability of an ear of corn selected at random containing no borers. The probability mass function for the Poisson distribution is given by:
P(X = k) = (ₑ(-λ) × λᵏ) / k!
Where:
- X is the random variable representing the number of borers per ear.
- k is the number of borers (in this case, 0).
Plugging in the values, we get:
P(X = 0) = (ₑ(-0.7) × 0.7⁰) / 0!
= ₑ-0.7
Using a calculator or a mathematical software, evaluate this expression to find the probability:
P(X = 0) ≈ 0.4966
Therefore, the probability that an ear of corn selected at random will contain no borers is approximately 0.4966 or 49.66%.
learn more about probability: https://brainly.com/question/24756209
#SPJ1
Innovate ways where you can prove the law of action-reaction.
Answers
The ways where you as a person can prove the law of action-reaction are:
When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)How can the law of action and reaction be proven?When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).
Therefore, it can also be shown through Swimming. With the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.
Learn more about action-reaction from
https://brainly.com/question/20339204
#SPJ1
1. The physical effort of the manpower to produce the basic needs of the
consumers, describes which factor of production?
a) Land
b) Capital
c) Labor
d) Entrepreneur
Answers
Answer:
b. capitalis the answer....✌️
The factor of production called Labour produce the basic needs.
Let understand that the factor of production are essentially what are used in production process to produce goods and services for final consumers.
Land, Labor, Capital and Entrepreneur are the four factors of production. Successful production process relies on the functionality of these factors.The land encompasses where resources and raw materials are derived.The capital involves the money spent during production.The Labor involves manpower of human required in the production process.In conclusion, the Labor is the term that describes the physical effort of the manpower to produce the basic needs of the consumers.
Learn more about Factor of production here
brainly.com/question/12663287