one business promising to do something for another business in return for receiving compensation is an example of a
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One business promising to do something for another business in return for receiving compensation is an example of a Contract.
By contract, what did you mean?An agreement between parties that establishes legal duties for both parties is known as a contract. Mutual consent, demonstrated by a valid offer and acceptance, sufficient consideration, capability, and legality are the fundamental components needed for the agreement to be a legally enforceable contract.
Contract with example: What is it?A commitment made by one party to another that they will or won't take a particular action in the future. As an illustration, I'll offer you $3,500 to buy your car. An acceptance. Usually reflects the conditions of the offer—an indication, through speech or action, that both parties accept the terms of the contract.
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Related Questions
What is insurance and premium
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assume that net exports increase by $1 billion. equilibrium real gdp will rise by more than $1 billion. explain why
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The reason equilibrium real GDP will rise by more than $1 billion when net exports increase by $1 billion is due to the multiplier effect.
The multiplier effect occurs when an initial change in spending, in this case, an increase in net exports, leads to a larger change in equilibrium real GDP.
1. Net exports increase by $1 billion, meaning the country exports more goods and services than it imports.
2. This increase in net exports leads to an increase in aggregate demand for the goods and services produced in the country.
3. The increased demand prompts businesses to increase their production to meet the higher demand, which in turn leads to a rise in real GDP.
4. As businesses increase production, they may hire more workers, leading to an increase in employment and household incomes.
5. With higher incomes, consumers are likely to spend more, which further increases aggregate demand and leads to an additional increase in real GDP.
6. This cycle of increased spending, higher production, and increased incomes continues until the overall impact on real GDP is larger than the initial $1 billion increase in net exports.
This multiplier effect explains why the equilibrium real GDP will rise by more than $1 billion when net exports increase by $1 billion.
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Tiffany is considering investing in one of two investment projects. She has two options: The first project is conducted by the Australian government, which generates a certainty profit of $70k, and the second project is managed by a private firm which generates $85k an hour with a 50 percent chance and $45k an hour with 50 percent chance. Assume that Tiffany can only invest in one project, helping her in making decisions in the following scenarios. (Hint: you can ignore the unit k when calculating the value)
(a) Suppose Tiffany’s utility of a payment x is u(x)=1.5·√x . Which project will she prefer according to the expected utility theory? (remain two digits for decimals)
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According to the expected utility theory, Tiffany will prefer the second project managed by the private firm.
Which project will Tiffany prefer according to the expected utility theory?According to the expected utility theory, Tiffany's preference between the two investment projects can be determined by calculating the expected utility for each project. The first project, conducted by the Australian government, offers a certain profit of $70k. Using Tiffany's utility function u(x) = 1.5√x, the expected utility for the first project is approximately 14.83. The second project, managed by a private firm, has two possible outcomes: earning $85k per hour with a 50% chance or $45k per hour with a 50% chance. Calculating the expected profit of the second project yields $65k. Substituting this value into the utility function gives an expected utility of approximately 15.74. Comparing the expected utilities, Tiffany would prefer to invest in the second project due to its higher expected utili
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What is suggestive selling? Have you experienced an example of this? If so, describe the experience. Why do restaurants use suggestive selling?
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Answer:
Explanation:
Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.
What type(s) of compensation may be included in a human resource compensation system?
A. Indirect financial compensation
B. Non-Financial Compensation
C. Financial Compensation
D. Financial and non-financial compensation
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Describe how the language and the culture you grew up with, play a role in your communication styles?
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A business receives $5 000 for Rent
Revenue and deposits this amount into its
Bank account. How will this transaction
be recorded?
Answers
Answer: Dr Bank $5 000; Cr Rent Revenue $ 5 000
Explanation:
From the information given in the question, we are informed that a business receives $5 000 for Rent
Revenue and deposits this amount into its bank account, this transaction will be recorded thus:
Debit Bank $5000
Credit Rent Revenue $5000
The correct journal entry is written above with regards to the transaction.
Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The annual costs of operating the new equipment are expected to be $220,000. The old equipment has a book value of $35,000 and can be sold for $25,000. The cost of the new equipment would be $260,000. Which of these amounts should be considered a sunk cost in deciding whether to replace the old equipment
Answers
Answer:
$250,000
Explanation:
Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000
The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value
Therefore $250,000 would be considered
What is characteristic of an organization in which salespeople do most or all of their own marketing?
independent
small size
nonprofit
private
Answers
Answer:
private
Explanation:
people are doing private marketing to earn money for themselves
Imagine you are a market researcher who works for SaveSmart, a
discount insurance company. The company’s management has become
aware of some dissatisfaction among customers who have switched to
Save
Answers
As a market researcher at SaveSmart, a discount insurance company, the management has assigned me to investigate and address the dissatisfaction among customers who have switched to other insurance providers.
The goal is to understand the reasons behind their dissatisfaction and identify areas where SaveSmart can make improvements to retain customers and enhance overall customer satisfaction. To conduct this research, I would employ various methods such as surveys, interviews, and data analysis. Surveys can be distributed to the dissatisfied customers to gather their feedback and understand the specific issues they faced. Interviews can provide more in-depth insights and allow customers to express their concerns and suggestions. Additionally, analyzing customer data and comparing it with competitor offerings can help identify gaps in SaveSmart's services. Once the research is complete, the findings can be presented to the management along with actionable recommendations. These recommendations may include improving customer service, enhancing the claims process, offering additional coverage options, or providing competitive pricing. By addressing the concerns raised by dissatisfied customers and implementing appropriate changes, SaveSmart can work towards retaining existing customers and attracting new ones, ultimately improving customer satisfaction and loyalty.
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Afforestation
poper management of grazing Control mining activities.
Answers
Answer:
see below
Explanation:
Afforestation refers to the process of creating a forest in a land where there were no trees previously. It involves the planting of tree seedlings and caring for them to create a new forest. Afforestation is sometimes confused with reafforestation, which is the planting of trees in an existing forest to increase their count.
Proper management of grazing and control of mining activities are strategies for sustainable land use. They are efforts towards environmental conservation.
Afforestation and Proper management of grazing and control of mining activities are initiatives that create a better environment.
Billie eilish?Or purge for halloween please help me decide?
Answers
Answer:
Explanation:
i feel like dressing as billie would be more comfortable you know what i mean just big hoodie/t-shirt and sweat pants
Li LTI Tool Provider Intro Coca-Cola has expected earnings per share (EPS) of $2.1. Its competitors have the following P/E ratios Dr Pepper Nestle Pepsico P/E ratio 22.07 23.78 21.37 Attempt 1/10 for . Part 1 What is the value of Coca-Cola's stock based on the lowest P/E ratio? 1+ decimals Submit Part 2 Attempt 1/10 for . What is the value of Coca-Cola's stock based on the highest P/E ratio? 1+ decimals Submit Part 3 Attempt 1/10 for . What is the value of Coca-Cola's stock based on the average P/E ratio? 1+ decimals 2
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The value of Coca-Cola's stock based on the lowest P/E ratio (21.37) is approximately $44.23, based on the highest P/E ratio (23.78) is approximately $49.98, and based on the average P/E ratio (22.74) is approximately $47.18.
Part 1The value of Coca-Cola's stock based on the lowest P/E ratio, that is, for Dr Pepper would be calculated as follows: Value of stock = EPS * P/E ratio= $2.1 * 22.07= $46.227Part 2The value of Coca-Cola's stock based on the highest P/E ratio, that is, for Nestle would be calculated as follows: Value of stock = EPS * P/E ratio= $2.1 * 23.78= $49.938Part 3The average P/E ratio of the three competitors is:(22.07 + 23.78 + 21.37) / 3 = 22.74Therefore, the value of Coca-Cola's stock based on the average P/E ratio would00 be: Value of stock = EPS * P/E ratio= $2.1 * 22.74= $47.694Hence, the values of Coca-Cola's stock based on the lowest P/E ratio, highest P/E ratio, and the average P/E ratio are $46.227, $49.938, and $47.694, respectively.
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If a property owner is willing to give a broker exclusive right to serve as a broker for the property, but wants to retain the right to sell it by him/herself, the owner will want a(n)__________.
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If a property owner is willing to give a broker exclusive right to serve as a broker for the property, but wants to retain the right to sell it by him/herself, the owner will want a(n) "exclusive agency agreement."
This agreement allows the owner to market the property and find a buyer on their own, while still giving the broker the exclusive right to be the only one who can earn a commission by finding a buyer. In this arrangement, if the owner sells the property themselves, they don't have to pay the broker a commission.
However, if the broker successfully finds a buyer, they are entitled to a commission. This type of agreement can provide the owner with more flexibility and control over the sale of their property while still benefiting from the expertise and resources of a professional broker.
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What is 2+2-5x(87x-32)=
Answers
Answer:
-435x^2+160x+4
Explanation:
put the 2 as a square root
hope it help!
To show appreciation to a headhunter who has helped place you with an employer, you might: (Multiple Choice)
send a thank-you note
stay in contact
save him or her time by contacting the employer directly when you need information
refer other hardworking individuals to him or her
Answers
Answer:
• send a thank-you note
• stay in contact
• refer other hardworking individuals to him or her
Explanation:
A headhunter refers to an individual or a company that provides recruiting service with regards to employment on behalf of an employer. The employers hires headhunters in order to find individuals who meet a particular job requirement.
In order to show appreciation to a headhunter who has helped place an individual with an employer, the person can:
• send a thank-you note
• stay in contact
• refer other hardworking individuals to him or her
Option C is incorrect as saving him or her time by contacting the employer directly when an information is needed isn't ideal. Therefore, the correct options are A, B and D.
You are offered a trend report for purchase at $500. Last year you overbought T-shirts by 300 units at $5 each and had to donate them. If the trend report eliminates this overbuy, is it worth the price?
Answers
If the purchase of the trend report will eliminate the overbuy, it is worth the price.
The overbuy cost the company $1,500 last year. The cost of the trend report is $500. Though, the cost of under-supply could help in making better decisions.
Data and Calculations:
Cost of trend report = $500
Cost of T-shirts overbought = $1,500 (300 x $5)
Thus, if using the trend report eliminates the overbuy, it is certainly worth it.
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Answer: Yes. It is worth it
Explanation:
Can I get some assistance
Answers
Question 2:5
Question 3:D
Question 4:C
Question 5:B
Berkley Company had beginning inventory of $4,000 and purchases of $20,000. If half of its inventory is sold, Berkley's total goods available for sale for the period will
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Berkley's total goods available for sale for the period will : be split between cost of goods sold and ending inventory.
What is cost of goods available for sale?Cost of goods available for sale is the total cost of inventory, available for customers to purchase, usually at the beginning of a business financial period.
The cost of goods available for sale is computed by adding the total value of current inventory to the cost of producing that inventory.
Hence, Berkley's total goods available for sale for the period will be split between cost of goods sold and ending inventory.
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the national labor relations act (NLRA) governs which of the following?
A. Workplace safety
B. Minimum wage laws
C. Undocumented workers
D. Collective bargaining
Answers
Answer:
collective bargaining
The national labor relations act (NLRA) governs D. Collective bargaining
Employees who are coworkers in a company come to a consensus on certain crucial issues through collective bargaining. This may involve wage increases or a discussion between businesses and employees. The term NLRA stands for National Labour Relations Act. It is a federal legislation in the United States that typically regulates interactions between employers and employees.
In particular, it safeguards workers' freedom to participate in collective bargaining and other union-related activities and forbids employers from participating in unfair labour practices that might infringe on such freedoms. Because these topics are covered by different laws and regulations, the NLRA does not directly address workplace safety, minimum wage laws, or issues involving undocumented workers.
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The table shows the terms of a fixed-rate mortgage.
Which accurately describes the terms of this mortgage? Check all that apply.
The homeowner is borrowing $360,000.
The monthly interest rate is 4 percent.
Monthly payments must be made for 30 years.
The annual interest rate is 4.8 percent.
The homeowner is borrowing $200,000.
Monthly payments must be made for 360 years.
Answers
The fixed-rate mortgage concept is used in home loans. Monthly payments for 30 years, the interest rate is 4.8%, and borrowing $200,000.
What is a fixed-rate mortgage?It is usually used in home loans with a fixed interest rate during the term of the loan. It is beneficial because once the rate of interest is fixed it is not influenced by the increase in the rate in the future.
C - Monthly payments for 30 years.
D - The interest rate is 4.8 % annually
E - borrowing $200,000.
Therefore, options C, D, and E explain the fixed-rate mortgage.
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Which of these is a major criticism of scientific management?
a. It overemphasized the intelligence of workers.
b. It emphasized the social context of work.
c. It ignored the social context of work.
d. It overemphasized individual differences.
e. It ignored the impact of compensation on performance.
Answers
Answer:
The correct answer is the option C: It ignored the social context of work.
Explanation:
To begin with, the name of "Scientific Management" refers to the theory created by Frederick Taylor that focus on the study of the work environment around the years of the industrilization process back then. Therefore that this concept is quite ancient in terms that only looks for that the worker can do and how can he do it faster and more efficiently. A major importance of this study was the use of measuring the time of every worker to see how they were going. So, it is understandable that this process is criticized by many managers of today because it does not have in mind the social context of the workers and only sees them as machine without personal goals outside the work.
A major criticism of scientific management is that it ignored the social context of work. The correct option is c.
Although it is widely acknowledged that scientific management enables management to allocate resources in the most efficient and effective manner possible, it has not been without criticism.
Workers' Point of View
Unemployment - Workers believe that management limits their employment chances by replacing men with robots and by enhancing human productivity, requiring fewer workers to accomplish work, resulting in their dismissal.
Employers viewpoint
Expensive - Scientific management is an expensive approach that requires a significant investment in the development of a planning department, standardisation, work studies, and worker training. It may be out of reach for small businesses. Overhead costs rise as a result of heavy food investment.
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If manufacturing overhead has been overallocated during the period, and most of the jobs produced have been sold, then a cost of goods sold should be increased. b.cost of goods sold should be decreased. c. finished goods inventory should be increased, d work in process inventory should be decreased,
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Because manufacturing overhead is applied based on a preset overhead rate, there is a possibility that it will either be underapplied or overapplied. Manufacturing overhead is being overapplied if the account has a credit balance at the conclusion of the quarter.
How are manufacturing overhead expenses divided between the inventory of work-in-progress?A debit to the Manufacturing Overhead account is used to transfer manufacturing overhead expenses to the Work-in-Process Inventory account. Process costing is employed by accounting firms, construction companies, and healthcare organizations.
Each client is viewed as a task by a service provider, such as an accountancy firm. Actual overhead expenses exceeded those that were applied to jobs.
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flint, an s corporation with substantial aep, reports operating gross receipts of $410,000, taxable interest income of $390,000, operating expenses of $260,000, and deductions attributable to the interest of $150,000. calculate the excess passive investment income (enpi) and the associated penalty tax payable.
Answers
The Excess Passive Investment Income, given the taxable interest income and interest, is $116, 923.
The Associated Penalty tax payable is $24, 554.
How to find the Excess Passive Investment Income?The Excess Passive Income is found by the formula:
= Net Passive income x ( Passive investment income - ( 0.25 x Gross Receipts) / Passive investment income
= (240, 000 x 390, 000 - [ ( 390, 000 + 410, 000) x 25%] ) / 390, 000
= $116, 923
The Associated Penalty Tax payable is therefore:
= Excess Passive Income x 21% tax rate for S Corporations
= 116, 923 x 21%
= $24, 554
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You want to ctegsosit $15,00na bank at an interest rate of 7 percent per year What is the uture vale of this money after three yes?
tuture value P+)
present value +0
OA S1837563
OR $19661.94
OC $20407.33
Answers
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
The following is the trial balance of kencho sales located in Tabs, Thimphu as on 31st December 2019.You are required to prepare financial statements as at 31st December 2019.
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The account of ABC Corp. prepared a statement of affairs. Total assets which there are no claims or liens are expected to produce P2,100,000. Unsecured claims of all classes totaled to P3,150,000.
The following are claims deemed outstanding:
Accrued salaries. P45,000
Unrecorded note for P30,000, on which P1,800 of interest has accrued
A note for P90,000 secured by P120,000 receivable, estimated to be 60% collectible
A P45,000 note on which P900 interest has accrued with a property having book value of P30,000 and a market value of P54,000 is pledged to guarantee payment of principal and interest.
Unpaid income taxes of P105,000.
What is the amount realized by partially secured creditors?
Group of answer choices
P72,000
P83,700
P90,000
P83,160
Answers
So, the amount realized by partially secured creditors is -$6,000.
The amount realized by partially secured creditors can be calculated as follows:
Secured claims that are expected to be collected in full:
P90,000 secured by P120,000 receivable (60% collectible) = P90,000 x 60% = P54,000
P45,000 note secured by P30,000 property = P45,000
Unsecured claims that are expected to be collected in full:
Accrued salaries = P45,000
Unrecorded note for P30,000 (100% collectible) = P30,000
Unsecured claims that are partially collectible:
P105,000 unpaid income taxes = P105,000
The amount realized by partially secured creditors can be calculated as follows:
P54,000 secured claims + P45,000 unsecured claims = P99,000
P99,000 - P105,000 = -$6,000
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cultural controls refer to: question 5 options: the culture of the nation in which the firm is located the culture the ceo the ability of the firm to support the cultural standards of the community the ability to get individuals to act in the manner desired the ability of the firm to support cultural activities such as a major art museum
Answers
Cultural controls refer to the ability to get individuals to act in the manner desired within the firm.
An individual is defined as a singular being or entity. One rose is a prime example of an individual. What exists as a unique being is referred to as a person. Individuality (or self-hood) is the quality of being an individual; specifically (in the case of humans), it refers to the state of being a person who is different from others and has their own needs, aspirations, rights, and responsibilities. Cultural control is the process of altering the environment where plants develop in order to lessen the incidence of harmful pests. Examples include altering irrigation methods, sunlight exposure, temperature, soil pH, or fertility levels, or using helpful insects or animals. "Cultural control " refers to a broad range of management strategies or options that can be used by agricultural producers to get their harvest.
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1. Use a real-life example to describe the following allocation methods. Hint: Use family, friends, teams, church, and/or clubs for examples.
Brute Force
Market
Queuing
Random Selection
Tradition
Equal Shares
Need
Planned
Answers
A real-life example of the concepts are:
Brute force: The use of different numbers, trying to win the lottery.
Market: The buying and selling of ice cream at backyard sales.
Queuing: Standing in line to pay for goods at a mall
What is Queuing?This refers to the standing in line by a group of people in order to access a particular service.
Hence, we can see that the other answers are:
Random selection: Picking one person out of four persons, through the throw of a die.
Tradition: Going to camp every year between father and son.
Equal Shares: The allocation of the same amount of food in a family
Need: The purchase of food in order to continue living.
Planned: A vacation to a foreign place that has been in the making for a long time.
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If I wanted to buy one of 2 items, a bike or a new TV, and after
consideration of my need to get exercise and fresh air, I chose to buy
the bike. Then, my opportunity cost would be the TV.
True
O False