Sarah is now in the Singapore airport and has 6000 Singapore dollars in her pocket. Sarah is next going to the Czech Republic and needs Czech Koruna. How many Koruna will she be able to exchange if the "in USD" Singapore Dollar exchange rate is 0.790 and the "in USD" Czech exchange rate is 0.048.

Answers

Answer 1

Answer:

98,760 Czech korunas for 6,000 Singapore dollars

Explanation:

For computing the number of Koruna she is able to exchange first we have to determine the Singapore dollar exchange rate in Czech koruna which is

= Singapore dollar exchange rate ÷  Czech exchange rate

= 0.790 ÷ 0.048

= 16.46

And, there are 6,000 Singapore dollars in her pocket

So, the number of Koruna she is able to exchange  is

= 16.46 × 6,000 Singapore dollars

= 98,760 Czech korunas for 6,000 Singapore dollars


Related Questions

Can someone sign up for temu for me with a link

Answers

Answer:

i don't y'all

Explanation:

ddddd

Discuss the challenge created for financial accountants by the presence of uncertainty.

Answers

Uncertainty creates challenges for financial accountants in accurately measuring, reporting, and disclosing financial information.

The presence of uncertainty poses significant challenges for financial accountants. Uncertainty refers to the lack of predictability or reliability in future events or outcomes, which makes it difficult to accurately measure and report financial information. Here are some key challenges created by uncertainty:

Measurement and valuation: Uncertainty makes it challenging to determine the appropriate measurement and valuation of assets, liabilities, revenues, and expenses.

Financial accountants must make estimates and judgments based on available information, assumptions, and professional judgment. However, the accuracy of these estimates may be compromised by the inherent uncertainty.

Financial statement presentation: Uncertainty affects the presentation of financial statements. Accountants must disclose the nature and extent of significant uncertainties that could impact the company's financial position and performance. However, determining which uncertainties are material and require disclosure can be subjective and complex.

Risk assessment: Uncertainty introduces risk into financial reporting. Accountants need to assess and manage risks associated with uncertain events, such as changes in market conditions, legal disputes, or environmental factors. They must consider the potential impact of these risks on financial statements and disclose them appropriately.

Forecasting and decision-making: Uncertainty makes forecasting and decision-making challenging for financial accountants. They need to analyze financial data and projections while considering the potential impacts of uncertain factors.

This requires them to use sophisticated models, scenario analysis, and sensitivity analysis to assess the range of possible outcomes.

Regulatory compliance: Financial accountants must comply with accounting standards and regulatory requirements. Uncertainty adds complexity to compliance efforts, as new and evolving regulations may require additional disclosures or adjustments to financial statements to reflect uncertain events or future obligations.

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define liquidity economics.​

Answers

Answer:

Liquidity refers to the ease with which an asset, or security, can be converted into ready cash without affecting its market price. Cash is the most liquid of assets while tangible items are less liquid. The two main types of liquidity include market liquidity and accounting liquidity.

Stock Value and Leverage Green Manufacturing, Inc., plans to announce that it will issue $2.08 million of perpetual debt and use the proceeds to repurchase common stock. The bonds will sell at par with an annual coupon rate of 5 percent. The company is currently an all-equity firm worth $7.75 million with 480,000 shares of common stock outstanding. After the sale of the bonds, the company will maintain the new capital structure indefinitely. The company currently generates annual pretax earnings of $1.58 million. This level of earnings is expected to remain constant in perpetuity. The corporate tax rate is 35 percent.
a. What is the expected return on Greens's equity before the announcement of the debt issue?b. Construct Green's market value balance sheet before the announcement of the debt issue. What is the price per share of the firm's equity?c. Construct Green's market value balance sheet immediately after the announcement of the debt issue.d.What is Green's stock price per share immediately after the repurchase announcement?e. How many shares will Green repurchase as a result of the debt issue? How many shares of common stock will remain after the repurchase?f. Construct the market value balance sheet after the restructuring.g. What is the required return on Green's equity after the restructuring?

Answers

Answer:

the question is very long explain me the question then I will help

Explanation:

thank you...

what does the world analogy have to do with the writing of Shakespeare text?

Answers

Answer:

The world analogy is a concept commonly used in Shakespeare's writing. It represents the idea that the entire world can be seen as a stage, and that individuals are merely actors playing out their roles. This analogy can be seen in several of Shakespeare's plays, including "As You Like It," "Hamlet," and "Macbeth."

In Shakespeare's writing, the world analogy highlights the transience and impermanence of human life. By likening the world to a stage, Shakespeare suggests that life is a temporary performance and that individuals are merely players in a larger drama. This idea is particularly relevant in tragedies like "Hamlet" and "Macbeth," where characters grapple with their mortality and the futility of their actions.

The world analogy also serves to underscore the theatricality of human behavior. Just as actors on a stage play out their roles, individuals in the real world often adopt certain personas and play out social roles. This idea is particularly relevant in comedies like "As You Like It," where characters frequently adopt disguises and engage in playful deception.

Overall, the world analogy is a key concept in Shakespeare's writing, and it serves to illuminate the complex and multifaceted nature of human existence.

Explanation:

Below are approximate amounts related to retained earnings reported by five companies in previous years. Coca-Cola reports an increase in retained earnings of $3.2 billion and net income of $6.9 billion. PepsiCo reports an increase in retained earnings of $3.4 billion and dividends of $2.6 billion. Alphabet reports an increase in retained earnings of $1.6 billion and net income of $1.6 billion. Sirius XM Satellite Radio reports beginning retained earnings of −$1.6 billion, net loss of $1.0 billion, and $0 dividends. Abercrombie & Fitch reports ending retained earnings of $1.56 billion, net income of $0.43 billion, and dividends of $0.06 billion. (Enter your answers in billions rounded to 2 decimal places. Negative amounts should be indicated by a minus sign.) Required: What is the amount of dividends of Coca-Cola? What is the amount of net income of PepsiCo? What is the amount of dividends of Alphabet? What is the amount of ending retained earnings of Sirius XM Satellite Radio? What is the amount of beginning retained earnings of Abercrombie & Fitch?

Answers

Answer and Explanation:

The computation is shown below:

1. Amount of dividends of Coca-Cola is

=  net income - Increase in retained earnings

= $6.9 billion - $3.2 billion

= $3.7 billion

2. Amount of net income of PepsiCo is

= Increase in retained earnings + dividend paid

= $3.4 billion + $2.6 billion

= $6 billion

3. The amount of dividends of Alphabet is

=  net income - Increase in retained earnings

= $1.6 billion - $1.6 billion

= $0 billion

4. Amount of ending retained earnings of Sirius XM Satellite is

= Beginning retained earnings - net loss - dividend

= -$1.6 billion - $1 billion - $0

= -$2.6 billion

5. The amount of beginning retained earnings of Abercro is

= Ending retained earnings - net income + dividend

= $1.56 billlion - $0.43 billion + $0.06 billion

= $1.19 billion

what is a work bench​

Answers

Answer:

A workbench is a sturdy table at which manual work is done. They range from simple flat surfaces to very complex designs that may be considered tools in themselves. ... Almost all workbenches are rectangular in shape, often using the surface, corners and edges as flat/square and dimension standards.

something you sit on

Complete the following diagram by choosing the best answer choice below.

Complete the following diagram by choosing the best answer choice below.

Answers

Trade barriers include tariffs, import limits, and embargoes. As a result, choice (A) is right.

Government-imposed limitations on global commerce are known as trade barriers. According to the comparative advantage argument, trade restrictions harm the global economy and reduce overall economic efficiency.

The majority of trade barriers operate under the same general premise: they impose some type of cost (money, time, bureaucracy, quota, etc.) on trade that drives up the cost or scarcity of the traded goods.

A trade war occurs   import limits when two or more countries consistently impose trade restrictions on one another. Tariffs (which charge importers a fee) and non-tariff trade barriers

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If the order is accepted, by how much will monthly profits increase or decrease? (The order would not change the company’s total fixed costs.) Show and label all computations using words and numbers to explain the steps please (final answer should be incremental profits)

If the order is accepted, by how much will monthly profits increase or decrease? (The order would not

Answers

If the Superior Company accepts the special order, monthly profits will increase by $2,500.

By how much will monthly profits increase or decrease if order is accepted?

To determine the impact on monthly profits, we need to calculate the contribution margin per unit on the special order.

Contribution margin per unit = Selling price per unit - Variable costs per unit

= $15 - ($2.50 + $3.00 + $0.50 + $1.50)

= $7.50

The contribution margin ratio is 50% ($7.50 / $15).

The fixed costs are $4.25 + $2.00 = $6.25 per unit.

If the company accepts the special order, it will produce and sell an additional 2,000 units.

Total contribution margin from the special order:

= 2,000 units x $7.50 per unit

= $15,000

Since the order would not affect regular sales, the company's total fixed costs will remain the same. Therefore, the increase in monthly profits would be:

Increase in monthly profits = Total contribution margin from the special order - Incremental fixed costs

= $15,000 - ($6.25 x 2,000)

= $2,500.

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When do many companies expect to have a net loss? (Select three answers)
a. after they break even

b. when they have a gross profit

c. when they are first getting established

d. before they start having operating expenses​

Answers

Answer:

C- When they are first getting established

Explanation:

Edge 2022

Small Business Management (1)


There are at least eight different pricing strategies for established goods and services. Explain The Below FOUR (4) of those strategies and under what conditions a business owner should use them.


1. Odd pricing

2. Price lining

3. Freemium pricing

4. Leader pricing

Small Business Management (1)There are at least eight different pricing strategies for established goods

Answers

The given four pricing strategies are explained below:

1. Odd Pricing

Odd pricing is a method of pricing products when the price is an odd number. Example: Traditionally, certain shoe companies use strange pricing to determine the cost of their shoes and chappals, such as 399.95 $. The decision to set the price at an odd number makes perfect sense. Instead of 400$, 399.95 $ sounds better. It gives the appearance that the price is lower.

2. Price lining

In this instance, the price is set once, and it stays that way for a considerable amount of time.

3. Freemium pricing

Businesses can use freemium pricing as a pricing strategy to provide clients with both free and paid services. The paid alternatives are typically improved, or premium, versions of the service, whereas the free options are only the basic ones.

4. Leader pricing

A technique for pricing things below their profit margin is called leader pricing. Businesses who use this tactic don't earn from the sales of these discounted goods, but it might offer them a lot of advantages. Businesses may attract customers, promote purchases, raise overall sales, and strengthen customer loyalty by providing fantastic discounts to their customers.

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define accounting element in detail with the help of accounting equation?Expalin In your words?

Answers

Answer and Explanation:

There are three main accounting elements that are as follows

1. Assets: Assets means the resources that are owned through which the future benefits would be anticipated. It is a properties owned by the business

2. Liabilities: The liabilities are the obligations that the company or an individual have to pay

3. Equity: The equity is the amount invested in the business, it also records the withdrawals, income and expenses etc

Now the accounting equation would be

Total assets = Total liabilities + total equity

The sum of total liabilities and total equity is known as total assets

Boat Emporium (BE) must raise $176 million. To do so, BE expects to issue new common stock. BE's investment banker will charge issuing costs equal to 12 percent of the total amount issued. If the stock can be issued for $80 per share, how many shares must BE sell to net $176 million after flotation costs. Round yout answer to the nearest whole number.

Answers

Boat Emporium (BE) would need to issue 2,500,000 shares to net $176 million in share issuance proceeds

What does net $176 million after flotation costs mean?

The net $176 million after flotation costs implies that after the investment banker has deducted 12% of the total amount of shares issued, Boat Emporium (BE) would receive $176 million.

The fact that investment banker's charge is 12%, means that Boat Emporium (BE) is only entitled to 88% of the total amount raised(100%-12%)

In other words, we can convert the 88% of proceeds to 100%, the total amount raised to start with as shown below:

88% of proceeds=$176 million

proceeds=$176 million/88%

proceeds=$200 million

The total amount raised is the price per share multiplied by the number of shares issued

total amount raised=share price*shares issued

total amount raised=$200 million

share price=$80

shares issued=unknown(assume it is X)

$200 million=$80*X

X=$200 million/$80

X=2.50 million shares

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Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Answers

Using the appropriate tool from the Accountant Tools menu, the 4  options that can be batch reclassified in QuickBooks Online Accountant are options A, B, C  and F:

ClassesCustomersProducts and ServicesAccount

What is QuickBooks Online Accountant?

In the above question, too batch reclassify these items, you can use the "Batch Reclassify Transactions" tool, which can be found under the Accountant Tools menu.

This tool allows you to select multiple transactions and reclassify them to a different account, class, customer, or product/service.

Therefore, Locations, tax codes, and suppliers cannot be batch reclassified using this tool. However, you can edit individual transactions to change their location, tax code, or supplier if necessary.

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See full question below

Using the appropriate tool from the Accountant Tools menu, which 4 of the following can be batch reclassified in QuickBooks Online Accountant?

Classes

Customers

Products and Services

Locations

Tax Code

Account

Suppliers

Evie wants her sister's cell phone. Her sister wants Evie's television. They come to an agreement that they will exchange these items of value.

How would an economist BEST describe this scenario?

О А.

Both girls are offering a consideration.

OB.

Both girls are giving each other power of attorney.

Both girls are agreeing to create a living will.

Ос.

OD

Both girls are rejecting a concurrence of wills.

Answers

An economist would BEST describe the scenario as : Barter system

What is a Barter system?

Barter system is when commodities are exchanged against commodities. It is an act of trading goods or services between two or more parties without the use of money.

This type of trading system is an old method of exchange practised for centuries and long before money was introduced.

Examples of barter system are :

Mangoes are exchanged for bananas.Salt is exchanged for onion.Shoes are exchanged for clothes.

Therefore, an economist would BEST describe the above scenario as barter system because both Evie and her sister exchanged their items of value between themselves.

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Answer:

Both Girls Are Offering Consideration

Explanation:

Define the following terms
I) Utility of software
ii) file interrogative software
iii) Small computer system ​

Answers

Answer:

I) Utility software is software designed to help analyze, configure, optimize or maintain a computer.

iii) Small Computer System Interface is a set of standards for physically connecting and transferring data between computers and peripheral devices.

Explanation:

I hope it's helpful for you

What was the purpose and intent of the DMCA?

Answers

The Digital Millennium Copyright Act (DMCA) of 1998 is a federal law that is designed to protect copyright holders from online theft—that is, from the unlawful reproduction or distribution of their works.

By copyright, what do you mean?

When an author sets a work in a physical form of expression, copyright, a sort of intellectual property, preserves the original authorship of that work.

Why is copyright so crucial?

The goal of copyright is to strike a balance between the rights of authors and the public to use the work for non-commercial purposes without asking permission or paying royalties. Subject to any legal exceptions, authors have the right to restrict the use of their work under copyright.

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To address the unique difficulties of controlling digital content, the DMCA was intended to be an updated version of copyright laws. DMCA's general goal is to safeguard both consumers' and copyright owners' rights.

Anything that is available as digital data is considered to be a form of content. Digital content, also referred to as digital media, is saved on digital or analogue storage in particular forms. Information that is streamed, transmitted, or stored in computer files are examples of digital content types. When viewed narrowly, digital content refers to specific sorts of popular media; however, when viewed broadly, digital content refers to any type of digital information (such as digitally updated weather predictions, GPS maps, and so forth). As more homes have access to the Internet, digital content has expanded. The ease with which individuals may now watch TV and get their news online has put established platforms' widespread use to the test.

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nm bn nb nbg ghcgfhjhibhjbhj

Answers

Abshuwqishfwjaoajsbwvwgwjajsjbsvwjwkskdvevgwwhhwhwhwhwhwjeow

Umm Chile... anyway so

1.2 The communication process is a highly complex one that is hard to analyze as it is an ever-changing process and unending. Identify and explain the different elements of communication in this scenario (15) Word count: 200-300 words​

1.2 The communication process is a highly complex one that is hard to analyze as it is an ever-changing

Answers

The communication process is a dynamic framework that outlines the numerous ways in which a message can be sent to and received from a sender and recipient.Verbal communication is the act of conveying information orally.

How would you characterise the intricate process of communication?

Oral, written, and kinetic modes of communication are all complicated processes that are deeply ingrained in everything we do as individuals or as a member of a social system.

is a difficult procedure. Whom the communication process begins and concludes with is unclear?

Given the complexity of communication, it can be challenging to pinpoint the beginning and finish of a communication interaction. Communication models streamline the procedure by giving a visual depiction of the

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Advertisements masquerade as media content by
A. persuading us to buy a product.
B. breaking crucial news stories.
C. being entertaining and funny.
D. selling us beauty products.

Answers

Answer:A

Explanation:

Persuading is a way to attracter customers

Suppose that you receive a weekly income of $100, which you spend entirely on pizza and deluxe hamburgers. The price of a pizza is $10 and the price of a hamburger is $5. On a diagram, draw a line that shows your consumption possibilities. What is the opportunity cost of a hamburger? Would the opportunity cost of a hamburger change if the prices of pizza and hamburgers were cut in half? Calculate the opportunity cost of a pizza and a hamburger for each of the following changes:

Answers

The opportunity cost of a hamburger is -1/2 of a pizza, and it remains the same even if the prices of pizza and hamburgers are cut in half.

To draw the consumption possibilities line, we can use a simple graph with pizzas (x-axis) and deluxe hamburgers (y-axis) as the two goods. Let's assume that the horizontal axis represents the quantity of pizzas and the vertical axis represents the quantity of deluxe hamburgers.

Given that the price of a pizza is $10 and the price of a hamburger is $5, we can plot the consumption possibilities by dividing the weekly income of $100 by the respective prices. This gives us the following points:

With $100, you can buy 10 pizzas ($100 / $10 = 10) and 20 deluxe hamburgers ($100 / $5 = 20). Plot this point on the graph as (10, 20).

Now, let's consider the opportunity cost.

The opportunity cost is the value of the next best alternative that is forgone when a choice is made. In this case, it represents the number of pizzas you have to give up to obtain an additional hamburger, or vice versa.

The opportunity cost of a hamburger can be calculated by finding the slope of the consumption possibilities line. The slope represents the rate at which one good is traded for the other. In this case, the slope is -10/20, which simplifies to -1/2. This means that for each additional hamburger, you have to give up 1/2 of a pizza.

If the prices of pizza and hamburgers were cut in half, the new prices would be $5 for a pizza and $2.50 for a hamburger. This change in prices would not affect the consumption possibilities line.

The line would remain the same, indicating the combinations of pizzas and hamburgers that can be purchased with the given income. However, the specific points on the line would change.

The opportunity cost of a hamburger would still be -1/2 of a pizza, as the ratio between the prices and the opportunity cost remain the same.

In summary:

Opportunity cost of a hamburger: -1/2 of a pizza

Opportunity cost of a pizza: 2 hamburgers (since the reciprocal of -1/2 is -2/1, meaning you would have to give up 2 hamburgers to obtain an additional pizza)

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A large bakery buys flour in 25-pound bags. The bakery uses an average of 1,215 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag. a. Determine the economic order quantity.

Answers

Answer:

EOQ= 18

Explanation:

Economic order quantity (EOQ) is the ideal order quantity a company should purchase to minimize inventory costs such as holding costs, shortage costs, and order costs.

To calculate the economic order quantity (EOQ), we need to use the following formula:

Economic order quantity (EOQ)= √[(2*D*S)/H]

D= Demand in units

S= Order cost

H= Holding cost

D= 1,215

S= $10

H= $75

Economic order quantity (EOQ)= √[(2*1,215*10)/75]

EOQ= 18

Summarize chaleff’s courageous followership? I need help!!

Answers

Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively.

Chaleff's courageous followership is a concept that highlights the significance of followers who possess the courage and willingness to actively engage in their roles and influence their leaders and organizations in a positive manner. It challenges the traditional notion that followers should simply obey and conform to their leaders without question.

According to Chaleff, courageous followership involves followers who are willing to speak up, take initiative, and provide constructive feedback to their leaders. These followers are not afraid to express their opinions, voice concerns, and offer alternative viewpoints, even when it goes against the prevailing norms or authority. They understand that their active participation is crucial for the success and growth of the organization.

Courageous followers also exhibit ethical behavior and take responsibility for their actions. They hold themselves accountable for their decisions and actions, aligning their behaviors with their values and the organization's values. They are willing to stand up against unethical practices and unethical leadership when necessary, with the aim of promoting integrity and ethical decision-making within the organization.

Chaleff's courageous followership promotes a collaborative and mutually beneficial relationship between leaders and followers. It encourages leaders to create an environment where followers feel safe and empowered to express their ideas and concerns. By fostering open communication and embracing diverse perspectives, leaders can tap into the full potential of their followers and create a culture of innovation and adaptability.

In summary, Chaleff's courageous followership emphasizes the importance of active and engaged followers who possess the courage to speak up, take initiative, act ethically, and influence their leaders and organizations positively. It advocates for a dynamic and collaborative relationship between leaders and followers, ultimately aiming to enhance organizational effectiveness, ethical decision-making, and overall success.

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If NASA were developing a new type of spacecraft and an individual requested the plans through the Freedom of information Act, on what grounds could the request be denied?

Answers

Answer:

Documents and records exempted from public disclosure via a valid Executive Order that promotes national security or good foreign policy

Explanation:

They can be denied on the grounds of the exemptions protect against the disclosure of information that would harm.

What are FOIA exemptions?

The exclusions guard against the publication of information that might endanger vital acknowledged interests such national security, individual privacy, company property interests, government operation, and others.

Even if a record contains some information that is exempt, the full record may not be exempt. Instead, the FOIA clearly states that when exempt elements are removed, all reasonably separable portions of a record must be given to a requester.

Therefore, these are the grounds on whose basis FOIA can deny the request.

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On July 1, 2015, Crowe Co. pays €15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending December 31. For Crowe Co. journalize the entry on July 1 and the adjusting entry on December 31.

Answers

According to the question Insurance expense is $2,500 and Unearned service revenue is $2,500.

What do you mean by the expense?

Expenses are simply another word for cost. It is also possible to refer to the sum of all activities that generally produce revenue as costs.

as we know that, Insurance expense

= Principal amount x time period

= 15,000 x 6/12(july - dec) x 1/3 ( 1 yr from the 3 yr insurance )

= $2,500

as we know that, Unearned service revenue

= Principal amount x time period

= 15,000 x 6/12(july - dec) x 1/3 ( 1 year from the 3 year insurance )

= $2,500

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Opportunity cost is _____.

the cost of business itself
the cost of travel, entertainment and other activities that provide an opportunity for recreation
the cost of an alternative product or service that cannot be acquired because the available funds were used for another purpose
none of the above

Answers

Opportunity cost is the cost of an alternative product or service that cannot be acquired. Opportunity cost is frequently referred to as the second-best option.

The loss of gain that would have been realised if a different option had been chosen is sometimes product referred to as the alternative cost. The loss of benefit as a result of a change in choice is another way to explain it. The value of the next-highest-valued alternative use of a resource is what economists mean when they talk about its "opportunity cost." You cannot, for instance, read a book at home during the time you would have spent seeing a movie and spend the money you would have spent on something else.

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1. Can you describe any bargaining situation you found yourself in that didn't end up in your favour.
2. Can you explain why you think you ended up loosing the negotiation?
3. If you were to prepare to face a similar bargaining situation in the future what do you think you could do different?
4. Do you think it is still important to consider the national culture of prospective negotiation partners if your are to engage in global negotiations.

Answers

This is a set of questions about personal bargaining experiences, reflecting on why a negotiation may not have been successful and considering how to prepare for future negotiations, as well as the importance of considering national culture in global negotiations.

The first two questions ask the individual to describe a personal bargaining situation that didn't end up in their favor and to explain why they believe they lost the negotiation. The third question asks for ideas on how to prepare for future similar situations. The fourth question is about the importance of considering national culture in global negotiations.

These questions are meant to elicit reflections on personal negotiation experiences and provide an opportunity for individuals to consider the factors that influence successful bargaining outcomes. Understanding the importance of cross-cultural communication can be a key factor in achieving favorable negotiation results in global business settings.

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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.​

Answers

Here is the trading and profit and loss account for the year ended 31/12/2014:

The Trading and Profit and Loss Account

For the year ended 31/12/2014

Particulars Amount

Sales €485,000

Less: Cost of Goods Sold €196,000

Gross Profit €289,000

Less: Expenses

- Wages and Salaries (75%) €78,750

- General Expenses €13,000

- Stationary €4,800

- VAT €17,300

- Provision for Bad Debts €3,480

- Advertising €5,700

- Insurance €9,000

- Loan Interest €600

- PRSI/USU €10,200

Net Profit €157,370

Here is the balance sheet as at 31/12/2014:

Balance Sheet

As at 31/12/2014

Assets Liabilities

Cash €42,600

Bank €1,200

Debtors €34,800

Stock €19,000

Capital €213,570

Drawings €10,700

Building €300,000

Office Equipment €15,000

Patent €24,000

Delivery Vans €49,000

Accumulated Depreciation €28,000

Provision for Bad Debts €3,730

Loan €50,000

Profit and Loss €157,370

Total €618,570

Total €618,570

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Explain why the sampling method stated in (1) is the most efficient
method.

Answers

Answer:

As with all probability sampling methods, simple random sampling allows the sampling error to be calculated and reduces selection bias. A specific advantage is that it is the most straightforward method of probability sampling.

Which of the following is NOT job of an operations manager?
A. Overcoming inefficiencies
B. Acquiring inputs
C. Filing lawsuits against competitors
D. Managing resources

Answers

The correct option is C, filing lawsuits against competitors. The operations manager is responsible for overseeing the production and operational activities of the company. However, filing lawsuits against competitors is not the job of an operations manager.

This is the responsibility of the legal department or the organization's legal counsel. The legal team is responsible for filing lawsuits against competitors if the organization's rights and interests are violated. The operations manager does not have the authority or means to take legal action against competitors. The primary job of an operations manager is to ensure that all activities run smoothly and efficiently.

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