The accrued interest payable on December 31, 2017 is given by the term as $1,920.
The final day of the accounting period is used to compute accrued interest. Consider the scenario where interest is due every month on the 20th and the accounting period is the last day of each month. It will be necessary to accrue interest for 10 days in April, from the 21st to the 30th.
According to whether the business is lending or borrowing, accrued interest is shown on the income statement as a revenue or expenditure. Additionally, an asset or liability is shown on the balance sheet for the amount of revenue or cost that has not yet been paid or collected. Accrued interest is frequently categorised as a current asset or current obligation since it is anticipated to be received or paid within a year.
PNR/100 = Interest
principal 160,000
rate 8% annual
days from November 7th to December 31th: 54 days
160,000 x 0.08 x 54/360 = 1,920 interest expense
at maturity:
160,000 x 0.08 x 90/360 = 3,200
3,200 total interest less 1,920 accrued interest = 1,280.
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Marci has been offered two jobs. One is for an entry-level public relations
specialist in a big city, the other is for an entry-level public relations specialist
in a smaller town. Based on just this information, what factor might help
Marci decide which job offer to accept?
Answer: The pay offered and if she’ll be able to afford the lifestyle she wants at that location.
Explanation: yes
There are two occupations that Marci could accept. One is for a young public relations professional in a large city, the income provided, and whether she will be able to afford the lifestyle she wants there.
What do you meant by public relations?Public relations (PR) is the activity of organizing and distributing information to the general public from an individual or an organization (such as a company, a governmental body, or a nonprofit organization) in an effort to change that person's perception. Publicity is different from public relations in that publicity is not under internal control and is generated by third parties.
Public relations can be used by a business or individual to reach out to their audiences with news stories and issues of general interest without asking for money up front.
Much of the publicity comes from the media. This distinguishes it as a type of marketing communications from advertising. Instead of spending money on marketing or advertising, public relations seeks to generate or receive publicity for clients in the form of earned media.
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True or false
Is purchasing a new video game a fixed expense?
Answer:
Examples of fixed costs include rental lease payments, salaries, insurance, property taxes, interest expenses, depreciation, and potentially some utilities
Explanation:
Maybe this will help you.
classify each of the given events according to the category that best describes how it affects the equilibrium interest rate in the market for loanable funds.
The classification that most accurately reflects how it influences the equilibrium interest rate in the market for loanable funds.
Increase the interest rate:
Increasing the size of the major investment (it will shift the demand for the loanable fund to the right i.e. the new equilibrium loanable funds will be at a higher interest rate and higher quantity)
Investing tax credits (it will also shift the demand for the loanable fund to the right)
Decrease in the interest rate:
A decline in investor optimism is accompanied with an increase in saving.
The demand for the loanable cash will shift to the loanable funds left and the interest rate will decrease under both options.
The classification that most accurately reflects how it influences the equilibrium interest rate in the market for loanable funds.
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PLEASE HELP IT DUE TODAY
What are stakeholders from Monopolistic competition, oligopoly, and monopoly?
Explanation:
Monopolistic competition
Monopolistic competition, many seller that differentiated products - products that differ slightly but sever similar purpose. By making consumer aware of product difference, seller exert some control over price.
Oligopoly
In an oligopoly, a few sellers supply sizable portion of products in the market. They exert some control over price, but because their products are similar, when one company lowers prices, the others follow .
Monopoly
In a monopoly, there is only one seller in the market. The market could be a geographical area, such as a city or a regional area, and does not necessarily have to be añ entire country. The single seller is able to control prices
Mark me as brilliant answer
Any object that you can used to pay for goods or services can be classified as money.
True
False
Answer:
True
Explanation:
a particular style of sunglasses costs the retailer $80 per pair. at what price should the retailer mark them so he can sell them at a 20% discount off the original price and still make 30% profit on his cost?
The retailer should mark the sunglasses at $157.14 to sell them at a 20% discount off the original price and still make a 30% profit on the cost.
To calculate the selling price, we need to consider the cost of the sunglasses and the desired profit margin. The cost of the sunglasses is given as $80 per pair, and the desired profit margin is 30% of the cost.
To determine the original price, we need to calculate the selling price that includes both the cost and the desired profit margin. Adding the cost of $80 and the profit of 30% ($80 x 30% = $24) gives us a total of $104.
To apply a 20% discount off the original price, we subtract 20% of $104 ($104 x 20% = $20.80) from the original price. This results in a selling price of $83.20.
However, the question asks for the price at which the retailer should mark the sunglasses, not the selling price. To find the marked price, we need to consider that the selling price represents 80% (100% - 20%) of the marked price. Dividing the selling price of $83.20 by 80% gives us the marked price of $104.
Therefore, the retailer should mark the sunglasses at $157.14 (rounded to the nearest cent) to sell them at a 20% discount off the original price and still make a 30% profit on the cost.
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Violet buys pies (x) and champagne (y) with her income of $400 and her utility function over pies (x) and champagne (y) (assumed to be divisible goods, where any real number unit pie or champagne is feasible) is Cobb-Douglas and given by u(x, y) = xy. The price of champagne is pY = $10 per bottle.
(a) Pies cost pX = $10 per pie if she buys between zero and 20 pies; if she buys more than 20 pies, each additional pie is half-price, i.e., pX = $5. Draw her budget set, carefully labelling all relevant points. calculate the quantities of pies and champagne she will consume when she maximizes her preferences.
(b) (HARDER! We haven’t covered this scenario in class) Pies cost pX = $10 per pie if she buys between zero and 20 pies; if she buys more than 20 pies, each pie purchased is half-price, i.e., pX = $5. The discount applies to all units purchased, not the additional ones! Draw her budget set, carefully labelling all relevant points. Calculate the quantities of pies and champagne she will consume when she maximizes her preferences.
A regardless of the price range, when maximizing her preferences, Violet will consume 6 pies and 10 bottles of champagne.
(a)The price of pies is $10 per pie if Violet buys between zero and 20 pies more than 20 pies, each additional pie is half-price $5. The price of champagne is $10 per bottle (pY = $10).
To draw Violet's budget set, to consider the different price ranges for pies. The quantity of pies as x and the quantity of champagne as y.
When 0 ≤ x ≤ 20:
10x + 10y = 400
this equation to solve for y:
y = (400 - 10x) / 10
y = 40 - x/10
Point A represents the case where Violet spends all her income on champagne (y = 40) and buys no pies (x = 0).
Point B represents the case where Violet spends all her income on pies (x = 20) and buys no champagne (y = 0).
Point C represents the case where Violet spends some income on both pies and champagne.
When x > 20:
The price of pies becomes $5, and the budget constraint can be written as:
5(x - 20) + 10y = 400
Simplifying this equation:
5x + 10y = 500
x + 2y = 100
Let's find the intersection point of this budget constraint with the previous one (A to C) to complete the budget set.
Solving these equations simultaneously:
x + 2y = 100
40 - x/10 = y
Multiplying the second equation by 10 to eliminate fractions:
400 - x = 10y
Substituting this value into the first equation:
x + 2(400 - x) = 100
x + 800 - 2x = 100
800 - x = 100
x = 700
Substituting this value back into the second equation:
400 - 700 = 10y
-300 = 10y
y = -30
That this solution is not feasible since have negative quantities. Therefore, the budget set ends at point C.
The quantities of pies and champagne Violet will consume to maximize her preferences can be found at the point where her indifference curve (u(x, y) = xy) is tangent to the budget constraint.
Given the utility function u(x, y) = xy, the marginal rate of substitution (MRS) is given by the ratio of marginal utilities:
MRS = MUx / MUy = y / x
To maximize her preferences, Violet will choose the combination of pies and champagne where the MRS is equal to the price ratio. In this case, the price ratio is 10 (pX / pY = 10 / 10 = 1).
Setting MRS = 1
y / x = 1
y = x
Substituting this relationship into the budget constraint equation for the range 0 ≤ x ≤ 20
10x + 10x = 400
20x = 400
x = 20
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ter visiting several automobile dealerships, Richard selects the car he wants. He likes its $13,000 price, but financing through the dealer is no bargain. He has $2,600 cash for a down payment, so he needs a loan of $10,400. In shopping at several banks for an installment loan, he learns that interest on most automobile loans is quoted at add-on rates. That is, during the life of the loan, interest is paid on the full amount borrowed even though a portion of the principal has been paid back. Richard borrows $10,400 for a period of four years at an add-on interest rate of 8 percent.
APR = 21.55%
- I = Prt
- I = (8000)(.11)(4) = 3520
- Total Cost = Down Payment + Principal Borrowed + Interest
- Total Cost = 2000 + 8000 + 3520 = 13520
- Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments
- Monthly Payment = (8000 + 3520) / 48
- APR= (2 × n × I) / [P × (N + 1)]
where:
N= Total number of payments
- APR = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%
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Annual percentage rate is 21.55%.
Simple Interest(I) = Principle ×rate× time/100
Principle = $8000
Rate = 11%
time = 4 years.
I = (8000)(.11)(4) = 3520
Total Cost = Down Payment + Principal Borrowed + Interest
Total Cost = 2000 + 8000 + 3520 = 13520
Monthly Payment = (Principal Borrowed + Total interest) / Total number of payments
Monthly Payment = (8000 + 3520) / 48
Annual percentage rate = (2 × n × I) / [P × (N + 1)]
where:
N= Total number of payments = 48
I = interest = $3520
P = principle = $8000
Annual percentage rate = (2 × 12 × 3520) / [8000 × (48+1)] = 21.55%
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How does labor relate to the scarcity problem
Answer:
The scarcity of labor is having several effects on businesses. Companies are forced to raise wages to attract workers, which increases the cost of doing business. The lack of workers is also causing delays and disruptions in the supply chain.
corporate-level strategy is best described as: group of answer choices strategies firms implement to gain competitive advantage by selecting and managing a group of businesses competing in a single product market strategies firms implement to gain a competitive advantage by selecting and managing a single business competing in several product markets actions a firm takes to gain a competitive advantage by selecting and managing one business competing in a single product market actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets
Corporate-level strategy is best described as actions a firm takes to gain a competitive advantage by selecting and managing a group of different businesses competing in different product markets.
This type of strategy is concerned with making choices and decisions about which businesses to pursue in order to create value for the overall organization.
Corporate-level strategy is implemented by the organization's top management and it is concerned with how the organization can create value across its multiple businesses, rather than how each business unit can create value on its own.
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Ibrahim's Bananas 2 Suppose Ibrahim owns the only fruit stand in town. Each day Ibrahim brings a wagon with 200 pounds of bananas. He can sell all 200 pounds for a price of $1.50 per pound. If he brings two wagons of bananas per day (400 pounds total), he can still sell all of the bananas, but he'll have to lower his price to $1 per pound. Each pound of bananas costs Ibrahim a marginal cost of $.75 to produce. Use this information to answer the following: 1. What is the marginal revenue (per pound) for the second wagon full of bananas? 2. Is it more profitable for Ibrahim to bring 2 wagons of bananas each day or 17
1. To determine the marginal revenue (per pound) for the second wagon of bananas, we need to calculate the change in total revenue when Ibrahim brings the second wagon.
When Ibrahim brings the first wagon of 200 pounds and sells each pound for $1.50, the total revenue is:
Total Revenue (First Wagon) = Price per Pound * Quantity = $1.50 * 200 = $300
When Ibrahim brings the second wagon of 200 pounds and lowers the price to $1 per pound, the total revenue is:
Total Revenue (Second Wagon) = Price per Pound * Quantity = $1 * 200 = $200
The marginal revenue for the second wagon is the change in total revenue:
Marginal Revenue (per Pound) = (Total Revenue of Second Wagon - Total Revenue of First Wagon) / Quantity of Second Wagon
Marginal Revenue (per Pound) = ($200 - $300) / 200 = -$0.50
Therefore, the marginal revenue for the second wagon of bananas is -$0.50 per pound.
2. To determine which option is more profitable for Ibrahim, we need to compare the profits from bringing 2 wagons of bananas each day and bringing 17 wagons of bananas.
When Ibrahim brings 2 wagons of bananas each day:
Total Revenue = Total Revenue (First Wagon) + Total Revenue (Second Wagon) = $300 + $200 = $500
Total Cost = Marginal Cost per Pound * Quantity = $0.75 * 400 = $300
Profit = Total Revenue - Total Cost = $500 - $300 = $200
When Ibrahim brings 17 wagons of bananas:
Total Revenue = Price per Pound * Quantity = $1 * 17 * 200 = $3,400
Total Cost = Marginal Cost per Pound * Quantity = $0.75 * 17 * 200 = $2,550
Profit = Total Revenue - Total Cost = $3,400 - $2,550 = $850
Comparing the profits, it is more profitable for Ibrahim to bring 17 wagons of bananas each day.
Therefore, bringing 17 wagons of bananas each day is the more profitable option for Ibrahim.
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Airline financial data is discussed in Chapter 2. Why does airline management keep their financial date secret and only release the minimum required by company law or stock exchange rules? What events of the past 20 years have affected this? What is affecting this right now? Please include any other thoughts you may have.
Airline management often keeps their financial data secret and only releases the minimum required by company law or stock exchange rules for several reasons:
Competitive Advantage: Airlines operate in a highly competitive industry, and financial data can reveal insights into their profitability, cost structure, and overall financial health. By keeping this information private, airlines can maintain a competitive advantage and prevent their competitors from gaining too much insight into their operations.
Investor Perception: Airlines may want to control the narrative surrounding their financial performance to shape investor perception. By selectively releasing information, they can present a more favorable image to shareholders and potential investors. Disclosing unfavorable financial data could negatively impact investor confidence and the company's stock price.
Strategic Considerations: Airlines often have complex financial arrangements, including debt obligations, leasing agreements, and hedging strategies. Releasing detailed financial data could expose sensitive information that could be exploited by competitors or impact negotiations with stakeholders.
Several events in the past 20 years have influenced the level of transparency in airline financial reporting:
Global Financial Crisis (2007-2008): The financial crisis had a severe impact on the airline industry, leading to bankruptcies and financial instability. Airlines became more cautious about disclosing financial information to protect themselves from negative market reactions and maintain stakeholder confidence.
Increased Competition and Consolidation: The airline industry has witnessed increased competition, mergers, and acquisitions. To gain a competitive edge and protect sensitive financial information, airlines have become more guarded about their financial data.
Security Concerns: In recent years, the aviation industry has faced security threats, including cyberattacks. Airlines are cautious about sharing financial data to mitigate the risk of data breaches and protect sensitive information from falling into the wrong hands.
Currently, the COVID-19 pandemic has significantly impacted the airline industry, leading to unprecedented financial challenges. Airlines have faced substantial losses, reduced operations, and increased debt burdens. As a result, there may be a greater inclination to limit the disclosure of financial data to prevent negative market reactions and maintain investor confidence.
Additionally, the airline industry's regulatory landscape and reporting requirements can influence the level of transparency. Compliance with laws and regulations is a fundamental responsibility, and airlines disclose the minimum required to meet these obligations.
It's important to note that while airlines may limit public disclosure of financial data, they are still subject to various financial reporting and auditing standards. These standards ensure accountability and transparency within the industry, albeit to a lesser extent than what might be expected in other sectors.
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one of the major factors affecting process design decisions is the flexibility of the organization. in this context, the product/service flexibility of an organization refers to the ability:- a. to increase or decrease production volumes very fast b. to shift production from one product to another very quickly c. to produce different types of products d. to serve both manufacturing and service sectors
b. to shift production from one product to another very quickly
Product/service flexibility of an organization is the ability of the organization to rapidly change production volumes, shift from one product to another, produce different types of products, and serve both manufacturing and service sectors.
This flexibility can be an important factor in process design decisions, as it provides the organization with a greater degree of flexibility in responding to customer needs. For example, if customer demand for a particular product changes rapidly, the organization can quickly shift production to meet the new demand.
Similarly, if the organization has the capacity to produce a range of products, it can more easily respond to changing market trends. Flexibility is also important in terms of cost-effectiveness, as it allows organizations to capitalize on economies of scale and quickly adapt to changes in the supply chain. Ultimately, product/service flexibility can provide organizations with a greater degree of agility in responding to customer needs, thus providing a competitive advantage.
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Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.
While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.
What is Capital Investment?
Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.
Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.
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2. A small business makes cakes for parties and weddings. Which two of the following are most likely to be resources it uses directly in production? Select two of the following.
A. Labour
B. Taxes
C. Television adverts
D. Flour
E. Airfreight
D and A.
The reasoning is because if they are making a cake then they may use flour, and they may have to clean up their mess afterwards.
What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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annual investments are being made so that $20,000 will be accumulated at the end of 10 years. the interest rate on these investments is initially expected to be 4 percent compounded annually. after 4 years, the rate of interest is unexpectedly increased to 5 percent, so that payments for the remaining 6 years can be reduced. what amounts should be invested annually for the first 4 years and what sums for the last 6?
The total amount invested for the last 6 years is $9388.08
The accumulated amount will be $20000 at the end of 10 years
Interest rate = 4% compounded annually
Let x be the annual investment then,
Accumulated amount = x{ (1+r)^t - 1/r}
20000 = x{(1+4/100)^4-1/(4/100)
x = 20000*4/(100*{(1.04)^10-1}
x = 1665.82
For the first four years, the annual investment is $1665.82
After 4 years interest increases to 5%, So, let after 4 years the annual deposited amount be y
So, first we calculate the accumulated amount for the first 4 years
1665.82*{(1+4/100)^4-1}/(4/100)
(1665.82*100)/4*0.1698
= 7073.84
Now this, accumulated amount will act as principal for the 6 years
7073.84*(1+5/100)^6 + y{(1+5/100)^6-1}/(5/100) = 20000
y{(1.05)^6 - 1}/(5/100) = 20000 - 7073.84*(1.05)^6
= 10520.38
y = 10520.38/{(1.05)^6-1}*5/100
= (10520.38*5)/(100*0.3400)
= $1564.68
Total investment for 6 years = 1564.68*6 = $9388.08
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Can we treat all small businesses the same? Why or Why not?
Answer:
Depends on what you define as small business, if you mean a mom and pop pharmaceutical store across the road that keeps the money within the family and has every member of the family working in the shop to create an infinite amount of revenue for themselves until they hit a profit, then sure. They contribute tax dollars to the community through supplying jobs and creating cheaper cost for locals, which gives incentive to buy more in bulk and thus creating more tax dollars. Unless you are talking about the man in the apartment building who makes home grade meals and sells them cheap to his community, then no. While he is contributing tax dollars all those dollars aren't going back into the community until he buys something with that money, and the people who spent that money just got a tax free meal that 't go into the community didn't.
Explanation:
The ______ inventory system records all inventory-related transactions in the inventory account (e.g. transportation, purchase returns and allowances, purchase returns and allowances, purchase discounts) and reduces inventory at the time of sale. The ______ inventory system uses separate accounts for these items and records cost of goods sold at the end of the accounting period.
which is a list of pages that will be included in a website?
Answer:
car max
Explanation:
1. Homepage
The homepage is where all the action happens on your site. It’s the first thing visitors see, and it determines if an individual will browse around or say goodbye.
When crafting your homepage, you must think from the customer’s perspective. From navigation bars to images to copy, you control your visitors’ first impression.
Visitors should clearly understand the objective of your homepage in just a few seconds. You want them to see your logo with a visible call-to-action button.
CarMax implements this strategy flawlessly with simple copy and a self-explanatory header photo. Both new visitors and returning customers get user-friendly directions.
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Financial Statement Analysis Portfolio
The Income Statement for Pumpkin Co. is shown below:
Pumpkin Co.IncomeStatement
for the Month Ended October 21, 2010
revenues- blank
sales
$120,000.00
operating expenses-blank
salary expense
$10,000.00
supplies expense
$14,000.00
depreciation expense
$4,000.00
net income
$92,000.00
Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period.
1. Calculate the expected annual rate of return on this project.
2.Calculate the cash payback on this project.
Answer:
Explanation:
what do you need help with', though
The expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.
What is rate of return?A financial ratio used to calculate the returns over monetary engagement during a financial period is generally regarded as the rate of return over such investment.
Using the given information, the expected rate of return will be computed as,
\(\rm Rate\ of\ Return= \dfrac{Net\ Income}{Investment}\ x\ 100\\\\\rm Rate\ of\ Return= \dfrac{92000}{300000}\ x\ 100\\\\\rm Rate\ of\ Return= 30.67\%\)
Similarly, when such return is earned, the cash payback will be computed as,
\(\rm Cash\ Payback= \dfrac{Investment}{Cash\ Inflow}\\\\\rm Cash\ Payback= \dfrac{300000}{92000}\\\\\rm Cash\ Payback= 3.125\)
Hence, the expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.
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as jcf fitness has evolved, wilson has evolved his role too. today, as he looks toward the future and considers opening more locations or motivational speaking. which function of small business does his shift in responsibilities most closely represent?
Wilson's job has evolved along with JCF Fitness. Currently, he is considering expanding his business or giving motivational speeches. Technical, analytical, cognitive, and interpersonal abilities are what his shift's tasks most closely resemble in a small firm.
Explain about the small business?A small business is described as a company that employs a small number of people, usually less than 500, and runs separately from bigger organizations.
A single owner or a small number of owners often run and own small firms, which are generally privately owned and operated. Small businesses not only create additional jobs, but also careers and opportunities. Payroll and taxes from prosperous small businesses are returned to the neighborhood, helping to fund the development of new small enterprises and enhance public services.For the stated question-
Wilson's job has evolved along with JCF Fitness.
Currently, he is considering expanding his business or giving motivational speeches as he moves toward the future.
Thus, technical, analytical, cognitive, and interpersonal abilities are what his shift's tasks most closely resemble in a small firm.
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you are a leader. you recognize there are unstated standard operating procedures or ways of doing things in your organization. these procedures or ways of doing things are called:
You are aware of any unwritten standard operating procedures or practices used by your company. These customs or ways of operating are referred to as cultural practices.
What do you consider to be culture?A population's culture is defined as its way of life as a whole, encompassing its institutions, beliefs, and artistic expressions. It has been argued that a society's habits make up its culture. It therefore covers manners, attire, language, religion, conventions, and artistic standards.
What traits characterize a culture?The following five pillars of culture: It is dynamic, integrated, built on symbols, and communicated orally. Every culture shares these characteristics. One can learn a culture. It is neither biological nor something we inherit.
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You have decided to save money for your son’s college tuition. You will put away $1,395.00 every six months for the next 13.00 years. If the account will pay 7.00% APR with semi-annual compounding, what is the future value of this investment? (treat as regular annuity
The future value of the investment can be calculated using the formula for the future value of a regular annuity. In this case, the regular contributions of $1,395.00 are made semi-annually for a period of 13.00 years, and the account earns an annual interest rate of 7.00% with semi-annual compounding. By plugging these values into the formula, we can determine the future value of the investment.
The future value of an investment that involves regular contributions can be calculated using the formula:
FV = P * [(1 + r/n)^(nt) - 1] / (r/n)
Where:
FV is the future value of the investment,
P is the regular contribution amount,
r is the annual interest rate,
n is the number of compounding periods per year, and
t is the number of years.
In this case, the regular contribution amount is $1,395.00, the annual interest rate is 7.00%, the compounding is semi-annual (n = 2), and the investment period is 13.00 years. By plugging these values into the formula, we can calculate the future value of the investment.
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Suppose the bid-ask quote for British pound ($/£) in New York is $1.1050−60. a. What is the implied bid-ask quote for dollar (£/$) in New York? b. How much will it cost to buy £300,000 ? c. How much will you get if sell £300,000 ? (8 points)
a. The implied bid-ask quote for the dollar (£/$) in New York can be calculated by taking the reciprocal of the bid-ask quote for the British pound ($/£). If you sell £300,000, you will get $271,080.
In this case, the bid-ask quote for the British pound is $1.1050−60. To find the implied bid-ask quote for the dollar, we take the reciprocal of the bid price and the ask price.
The bid price is $1.1050, so the implied ask price for the dollar (£/$) would be 1/1.1050 = 0.9047.
The ask price is $1.1060, so the implied bid price for the dollar (£/$) would be 1/1.1060 = 0.9036.
b. To calculate how much it will cost to buy £300,000, we need to multiply the amount of British pounds (£) by the ask price of the dollar (£/$).
In this case, the ask price of the dollar (£/$) is 0.9047. So, to calculate the cost, we multiply £300,000 by 0.9047:
£300,000 * 0.9047 = $271,410.
Therefore, it will cost $271,410 to buy £300,000.
c. To calculate how much you will get if you sell £300,000, we need to multiply the amount of British pounds (£) by the bid price of the dollar (£/$).
In this case, the bid price of the dollar (£/$) is 0.9036. So, to calculate the amount you will get, we multiply £300,000 by 0.9036:
£300,000 * 0.9036 = $271,080.
Therefore, if you sell £300,000, you will get $271,080.
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I need a good answer to this by Friday. Research various sources or Web sites that can help an entrepreneur with writing a business plan.
Now create a "Top 10" list of these sources in a table. The first one has been done for you.
Discuss what your first choice of sources to use as an entrepreneur would be and explain why.
The Web sites that can help an entrepreneur in writing a good business plan are:
The Economist.Forbes.com/entrepreneur.Under 30 CEO, etc.What is a business plan?A business plan is known to be a kind of written document that tells onw what they need to know about how a business can be run and also startup.
Concussively, Note that a business plan is regarded as the roadmap for any company in terms of marketing, financial standpoints, etc. The Economist will help the entrepreneur to know more about starting a business and what the market looks like.
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50 POINTS
If (it) management does not "buy-in" to the plan, what might happen?
a. reduce confidence
b. nothing will change
c. increase confidence
d. management will be fired
Answer:
reduce confidence
Explanation:
i got it right on odyssey
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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Segment of fashion industry that includes selling merchandise directly to consumers
Answer:
Elaborate Please.
Explanation:
The amount of money that Tom had in his pension fund
in 2016 was £55 000.
His plans involve him putting £8 200 in his fund every year
for the next 15 years.
How much will Tom have in the pension fund in 2031?
Answer: £178000
Explanation:
The amount that Tom will have in the pension fund in 2031 will be calculated as:
= £55000 + £8200(15)
= £55000 + £123000
= £178000
The amount that Tom will have in the pension fund in 2031 will be £178000