Selling price per unit using the total cost method:
Total cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling, general, and administrative costs + Fixed overhead costs + Fixed selling, general, and administrative costs
Total cost per unit = $245 + $25 + $36 + $33 + $46 + $25 = $410
Markup on total costs = 180% of total costs = 180% * $410 = $738
Selling price per unit = Total cost per unit + Markup on total costs
Selling price per unit = $410 + $738 = $1,148
Target cost per unit:
Expected selling price = $950
Target profit = 60% of expected selling price = 60% * $950 = $570
Target cost per unit = Expected selling price - Target profit
Target cost per unit = $950 - $570 = $380
Selling price per unit using the variable cost method:
Variable cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling, general, and administrative costs
Variable cost per unit = $245 + $25 + $36 + $33 = $339
Markup on variable costs = 200% of variable costs = 200% * $339 = $678
Selling price per unit = Variable cost per unit + Markup on variable costs
Selling price per unit = $339 + $678 = $1,017
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interview of non profit organization
I need to interviewing is Sous chef
Program and goals
1. Do you (your organization) have a strategic plan? What key things are you trying to
accomplish that plan?
2. Is there anything that you wish more people knew about your organization or the issues
are you trying to solve it?
Resourcing and Opportunities
Now I’d like to better understand how you are funded and what your greatest needs are...
Resourcesing and opportunity
1. What are your most urgent needs as a non-profit organization?
2. Where do most of your funding come from? What percentage of your budget comes from
private donations, and what do private donations help you to do that your other sources of funding don’t cover?
How to Support
1. If I wanted to get to know the organization better, what are the best ways to learn more?
2. How do you keep your supporters up to date about your work? How can I get more
involved?
please help me please help me please help
1)Yes, we have a strategic plan that outlines our key goals and initiatives. We aim to expand our outreach programs, improve community engagement, and enhance the impact of our services in addressing the issues we're focused on.
2)We wish more people knew about the profound impact our organization is making in the community and the critical issues we're working to solve. Raising awareness about these issues helps garner support and collaboration towards sustainable solutions.
Firstly, it would be helpful to ask if the organization has a strategic plan and what key things they are trying to accomplish through that plan. This can give insight into their priorities and long-term goals.
Secondly, it is important to ask if there is anything they wish more people knew about their organization or the issues they are trying to solve. This can help shed light on their mission and the impact they are trying to make.
In terms of resourcing and opportunities, it would be beneficial to inquire about their most urgent needs as a non-profit organization. This can help identify ways in which one can potentially contribute to their work. Additionally, it would be helpful to ask about where their funding comes from and what percentage of their budget comes from private donations. This can help one understand the role of private donations in supporting the organization and its programs.
Lastly, inquiring about how to support the organization and stay up to date on their work is important. Asking about the best ways to learn more about the organization can help identify ways to get involved. Additionally, asking about how the organization keeps its supporters up to date about its work and how to get more involved can help identify opportunities for engagement and support.
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A car dealership performs a credit check on a potential customer. according to the credit bureau, the customer's credit score is 710. this is an example of
Answer:
Interval data
Explanation:
A credit bureau score is obtained when a company is about to give out a loan. It shows wether a person is likely to default on a loan based on historical borrowing behaviour.
When a score is between 580 to 669 means the scores are fair, 670 to 739 is a good score, while 740 to 799 is very good.
This way of scoring occurs in in a scale that occurs at equal intervals or units.
The scores are expressed as numerical value between points that are standardised and equal.
This is called interval data
A segmenting dimension that influences a customer's decision to purchase a specific brand or product is also known as a(n) ___________ dimension.
A segmenting dimension that influences a customer's decision to purchase a specific brand or product is also known as a determining dimension.
What is Segmentation?To segment, a market is to break it into identifiable, actionable, profitable, and segmented pieces that have room for expansion. In other words, due to constraints on time, money, and effort, a corporation would not be able to target the entire market.
It must have a definable segment—a large group of individuals who can be located and targeted with reasonable effort, expense, and time in order to be effective. In today's crowded market, which features thousands of products, a proliferation of media, ad fatigue, and general economic issues in global markets, segmentation assumes significant importance.
Correct market segmentation can mean the difference between a company's success and failure.
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what is the note/document from the guardians/parents that the child can work
Hospitals, colleges and universities, and museums fall into the ______ category of business customers.
Hospitals, colleges and universities, and museums fall into the institutional customers category of business customers.
What are Institutional customers?Institutional customers are organizations that provide goods and services to others and are characterized by their relatively stable and predictable demand for products, as well as their relatively large order size.
These customers often have specific needs and requirements, such as compliance with regulations, safety standards, and other policies. They may also have longer purchasing cycles and decision-making processes, as well as complex procurement procedures and negotiations. Other examples of institutional customers include government agencies, non-profit organizations, and religious institutions.
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Culver City College, a public college, has a 10-week summer session that starts on June 25, 2020, so that one week is held during FY 2020 and the other nine weeks meet during FY 2021. Tuition and fees in the amount of $1,000,000 were collected from students for classes to be conducted in this session.
Required:
What amount should Culver City College recognize as unrestricted revenue in each of the years ended (FYE) June 30, 2020 and June 30, 2021?
Based on the information given, the amount that will be recognized as unrestricted revenue in each of the years will be $100,000 and $900,000.
Unrestricted revenue simply means the donations that can be used by a company or group for purposes that meet the goals that were set aside.
From the information, the unrestricted revenue in June 30, 2020 will be:
= 10% × $1,000,000
= $100,000
The unrestricted revenue for June 30, 2021 will be:
= $1,000,000 - $100,000
= $900,000
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In terms of the relationship between expenditures on advertising communications and subsequent sales revenues, too many marketing managers assume that there is a(n):
A) direct relationship
B) indirect relationship
C) inverted U-shaped relationship
D) inverse relationship
In terms of the relationship between expenditures on advertising communications and subsequent sales revenues, too many marketing managers assume that there is a direct relationship. Option A is correct.
While it is true that advertising can have a positive impact on sales revenues, the relationship between advertising expenditures and sales revenues is not always straightforward or direct. There are many factors that can influence the effectiveness of advertising, such as the quality of the product, the competitive landscape, and the target audience. Therefore, it is important for marketing managers to carefully evaluate the effectiveness of their advertising campaigns and to consider other factors that may be impacting sales revenues. This may involve conducting market research, analyzing sales data, and gathering feedback from customers to better understand the impact of advertising on sales revenues.
It is also important to note that the relationship between advertising expenditures and sales revenues may not be linear or consistent over time. In some cases, there may be diminishing returns to additional advertising expenditures, while in other cases, there may be a threshold level of advertising expenditures that is necessary to generate a significant increase in sales revenues.
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Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format
Please select the best answer from the choices provided
A
B
C
D
Answer:
B
Explanation:
took it on edge2020 :)
When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.
How should scannable resumes be designed?Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.
They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.
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Privatisation refers to ....
A)Transfer of assets from people to government
B)Transfer of assets from public to private
C)Transfer of assets from corporate to public
D)Transfer of assets from corporate to government
Answer:
B)Transfer of assets from public to private
Explanation:
the government no longer owns the asset and it is traded to the private sector or when the company is taken over by a few people.
Economics-- please help!
Your country takes in $350 million each year in tax money but chooses to spend $150 million on various services it provides. What type of stance does your country take on fiscal policy?
neutral stance
expansionary stance
economic stance
contractionary stance
Answer:
It is not A
Explanation:
I chose A and it was wrong sorry hope that narrows it down
the next big change coming to television advertising will most likely be
The next big change coming to television advertising will most likely be the shift towards programmatic advertising and addressable TV.
Programmatic advertising is the use of software to automate the buying and selling of digital advertising. Advertisers use a demand-side platform (DSP) to buy digital ads automatically, while publishers use a supply-side platform (SSP) to sell their inventory to potential buyers. Programmatic advertising makes it possible to purchase ad space on a large scale quickly and efficiently, enabling advertisers to reach their target audience at the right time and place.
Addressable TV allows advertisers to deliver specific ads to individual households or devices using data and targeting capabilities. This means that different households watching the same program can see different advertisements, making it possible to personalize ads for different audiences. Advertisers can use data such as demographics, interests, and purchase history to deliver more relevant ads to specific viewers, resulting in better engagement and higher conversion rates.
Overall, the shift towards programmatic advertising and addressable TV is likely to bring more targeted and personalized advertising to television viewers. This will make it easier for advertisers to reach their target audience and for viewers to see ads that are relevant and interesting to them.
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Keira is excited that her favorite brand of running gear has released a new hoodie in the company’s trademark color. Keira probably has a strong ________blank with this company.
Keira is thrilled that her preferred brand of athletic apparel has introduced a new sweatshirt in the logo color of the business. Keira most likely has a positive brand association with this business.
An association between your brand and a concept, image, emotion, experience, person, interest, or activity is known as a brand association. Purchase decisions are significantly influenced by this association, which might be immediately favorable or unfavorable.
When a person thinks of a brand, brand associations—such as "soft" for Cottonelle or "athletics" for Nike—come to mind.
The brand association aids in recalling your company's name and distinctive features, such as those that set you apart from your rivals. The brand association offers clients ideas, images, and attitudes that can aid in the brand recall by developing familiarity and strengthening recognized traits.
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ountry x wants to encourage trade by eliminating trade barriers with the three along its borders. however, country x wants each of the countries to be able to es own trade policies even though this may lead to problems with trade deflection. w economic integration is country x most likely considering?
Country X is most likely considering a Free Trade Area as the form of economic integration. Therefore, the correct option is D.
A free trade area is an economic integration where countries eliminate trade barriers, such as tariffs and quotas, among themselves, but retain their own individual trade policies with non-member countries. Hence, it can lead to
1. Eliminating trade barriers: A Free Trade Area focuses on removing tariffs, quotas, and other trade restrictions between member countries.
2. Independent trade policies: In a Free Trade Area, each country can establish its own trade policies with non-member countries, allowing them to maintain their autonomy in international trade.
3. Trade deflection concerns: This may lead to problems with trade deflection, where goods from non-member countries could be imported into a low-tariff member country and then re-exported to another member country with higher tariffs, bypassing those tariffs.
The other options (A, B, and C) involve deeper levels of economic integration, which would not allow each country to maintain their own independent trade policies, making them less suitable for Country X's requirements. Hence, the correct answer is option D.
Note: The question is incomplete. The complete question probably is: Country X wants to encourage trade by eliminating trade barriers with the three countries along its borders. However, Country X wants each of the countries to be able to establish their own trade policies even though this may lead to problems with trade deflection. Which form of economic integration is Country X most likely considering? A) economic union B) common market C) customs union D) free trade area.
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the rise of virtual work has led to a decline in organizational hierarchies. (True or False)
The given statement that "the rise of virtual work has led to a decline in organizational hierarchies" is true to a certain extent. With the advancement in technology and the growth of the gig economy, more and more individuals are choosing to work remotely and independently, rather than being a part of a traditional organizational structure.
This trend towards virtual work has led to a decrease in the importance of organizational hierarchies as they are not as necessary in a virtual work environment. In a virtual work setting, communication is typically more fluid and informal, which can lead to a flattening of the organizational structure.
Traditional hierarchies often rely on strict chains of command and formal communication channels, which can be difficult to maintain in a virtual work environment. As a result, virtual work has led to a more networked organizational structure where individuals and teams work collaboratively to achieve goals, rather than relying on a rigid hierarchy.
However, it is important to note that organizational hierarchies are not completely obsolete in virtual work environments. Even in a virtual setting, there is still a need for clear leadership and decision-making processes. Additionally, certain industries or job roles may still require a more traditional hierarchical structure to function effectively.
In conclusion, while the rise of virtual work has led to a decline in the importance of organizational hierarchies, it is important to recognize that hierarchies still play a role in many industries and job roles.
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TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company's products is a heavy-duty corrosion-resistant metal drum, called the WVD drum, used to store toxic wastes. Production is constrained by the capacity of an automated welding machine that is used to make precision welds. A total of 2,000 hours of welding time is available annually on the machine. Because each drum requires 0.4 hours of welding time, annual production is limited to 5,000 drums. At present, the welding machine is used exclusively to make the WVD drums. The accounting department has provided the following financial data concerning the WVD drums:
Management believes 6,000 WVD drums could be sold each year if the company had sufficient manufacturing capacity. As an alternative to adding another welding machine, management has considered buying additional drums from an outside supplier. Harcor Industries, Inc., a supplier of quality products, would be able to provide up to 4,000 WVD-type drums per year at a price of $138 per drum, which TufStuff would resell to its customers at its normal selling price after appropriate relabeling.
Megan Flores, TufStuff's production manager, has suggested that the company could make better use of the welding machine by manufacturing bike frames, which would require only 0.5 hours of welding time per frame and yet sell for far more than the drums. Megan believes that TufStuff could sell up to 1,600 bike frames per year to bike manufacturers at a price of $239 each. The accounting department has provided the following data concerning the proposed new product:
The bike frames could be produced with existing equipment and personnel. Manufacturing overhead is allocated to products on the basis of direct labor-hours. Most of the manufacturing overhead consists of fixed common costs such as rent on the factory building, but some of it is variable. The variable manufacturing overhead has been estimated at $1.35 per WVD drum and $1.90 per bike frame. The variable manufacturing overhead cost would not be incurred on drums acquired from the outside supplier.
Selling and administrative expenses are allocated to products on the basis of revenues. Almost all of the selling and administrative expenses are fixed common costs, but it has been estimated that variable selling and administrative expenses amount to $0.75 per WVD drum whether made or purchased and would be $1.30 per bike frame.
All of the company's employees-direct and indirect-are paid for full 40 -hour workweeks and the company has a policy of laying off workers only in major recessions.
Required:
Given the margins of the two products as indicated in the reports submitted by the accounting department, does it make sense to consider producing the bike frames? Explain.
No, because it took into account allocated fixed expenses as well, the Product Margin as calculated by the Accounting Department should not be used to make such decisions. When making decisions, variable costs should be taken into account.
What is the profit margin?
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine gross profit margin.
The product's gross profit margin is determined by the discrepancy between the selling price and the product cost. The gross profit margin is divided by the selling price to produce the product margin. Product margin is equal to the product's selling price divided by its cost. Typically, product margins are expressed as percentages.
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The flowchart above illustrates which type of organizational message?
a.
upward
b.
lateral
c.
grapevine
d.
downward
Answer:
upward is the correct answer
What has the greatest potential to demotivate you and lead you to unproductive activities?
Answer:
David is a HR generalist
Explanation:
the three main decisions that must be addressed by an economic system do not include: multiple choice question. what goods and services to produce why output is produced for whom output is produced how output is produced
Option A is correct. A system of economics must decide what things are created, how they are produced, and who purchases those goods.
What are the 3 basic economic concepts?Scarcity, supply and demand, and opportunity cost are the three fundamental ideas. When demand and supply are balanced, we may say that the market is in equilibrium since the amount supplied and the amount demanded are equal.
What are the 3 main stages of an economic process?The majority of development economists agree that three main transitions — a change in the economy's structure, a change in the population, and a process of urbanisation — are linked to the key stages of development. Either command, market, or hybrid economic systems can be used to categorise them. We'll give a quick explanation of each of these three types.
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How are letters of credit different from secured transactions?
O A. A letter of credit tells a prospective seller how much you can buy.
A secured transaction provides the bank with assurance of
repayment
O B. A letter of credit is sent from the seller to the buyer and a secured
transaction means the seller must ship the product.
O C. A letter of credit is covered in Article 9 and a secured transaction
is covered in Article 5 of the UCC.
D. There is no difference because the bank benefits in both cases,
Answer:
The answer is B, Bill of Lading.
Explanation:
i did research
Which Important personal quality does Jane seem to possess?
Jane is friendly and kind toward her coworkers. She makes interesting conversation with them during lunch. Her attitude helps to maintain a
harmonious atmosphere at work. Jane thus possesses an important personal quality known as
Answer:
kindness
Explanation: sorry im guessing by what the paragraph tells me..
Answer:
courteousness
Explanation:
These are all attributes of a courteous individual.
Read the excerpt from “The Monkey's Paw.”
Mr. White took the paw from his pocket and eyed it dubiously. "I don't know what to wish for, and that's a fact," he said, slowly. "It seems to me I've got all I want."
"If you only cleared the house, you'd be quite happy, wouldn't you?" said Herbert, with his hand on his shoulder. "Well, wish for two hundred pounds, then; that'll just do it."
His father, smiling shamefacedly at his own credulity, held up the talisman, as his son, with a solemn face, somewhat marred by a wink at his mother, sat down at the piano and struck a few impressive chords.
"I wish for two hundred pounds," said the old man distinctly.
A fine crash from the piano greeted the words, interrupted by a shuddering cry from the old man. His wife and son ran toward him.
Which phrase indicates a change in mood within the excerpt?
“struck a few impressive chords”
“smiling shamefacedly at his own credulity”
“a fine crash from the piano”
“interrupted by a shuddering cry”
Answer:
“smiling shamefacedly at his own credulity”
Explanation:
Answer:
its c
Explanation:
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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(14%) Let A[1..n] be an array of n positive numbers. Entry A[i] represents the trading price of a stock X on the i-th day (and hence the numbers are ordered chronologically). Write an algorithm max-profit that returns a pair (a, b) such that if one buys stock X on the a-th day and sells it on the b-th day, the maximum profit is made. Give the time complexity of your algorithm in Big-O. Show the derivation of the complexity result.
To solve this problem, we can use a simple algorithm that iterates through the array and keeps track of the minimum price seen so far and the maximum profit.
The algorithm works as follows: Initialize variables: min_price = A[1], max_profit = 0, buy_day = 1, sell_day = 1. Iterate through the array A from the second element to the last: If A[i] < min_price, update min_price = A[i]. If A[i] - min_price > max_profit, update max_profit = A[i] - min_price, buy_day = index of min_price, sell_day = i. Return the pair (buy_day, sell_day). The time complexity of this algorithm is O(n), where n is the size of the array A. This is because we perform a single pass through the array, comparing and updating values in constant time for each element. Therefore, the algorithm has a linear time complexity.
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At what point does an idea-driven enterprise run into problems and At what point does a market-driven enterprise run into problems?
Idea-driven businesses face unique challenges during growth. ... Their innovation is born from a deep desire to change the way people think about ... to shed light on the different stages of idea-driven business and what problems each stage ...
Idea-driven firms confront particular difficulties as they expand. Their creativity is the result of a strong desire to alter how people think, to shine a light on the many stages of the idea-driven company, and the issues that each level faces.
What is firm?A firm is a for-profit business entity that offers professional services, such as a corporation, limited liability company (LLC), or partnership. Most businesses only have one location. On the other hand, a business company is made up of one or more physical locations that are all owned by the same person and have the same EIN (EIN).
The term "firm," when used in a title, is frequently connected to companies that offer expert legal and accounting services, but it may also refer to a wide range of companies, including consulting, marketing, and graphic design firms, among others.
The name of the company is often used for commercial purposes, but the level of legal protection—for owners or employees—depends on the ownership structure that was used to establish the company. Corporations, for example, offer a higher level of legal protection than other forms of organizations. The idea of a mature company with a strong foundation already exists.
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Please write a one-page reflection with introduction, content paragraphs, conclusions, and recommendations about Global E-Waste Tragedy.
The global e-waste tragedy presents a pressing environmental and public health crisis. Urgent action is needed to address the causes and consequences of e-waste. By implementing strict regulations, raising public awareness, and fostering collaboration among stakeholders, we can mitigate the negative impact of e-waste and transition towards a more sustainable and circular economy.
Introduction:
The global e-waste tragedy is a growing concern that demands urgent attention. With the rapid advancement of technology and increasing consumerism, electronic waste has become a significant environmental and health issue.
This reflection explores the impact of e-waste on the environment and human well-being, discusses the causes and consequences of the global e-waste problem, and concludes with recommendations for addressing this crisis.
Content:
E-waste, which includes discarded electronic devices like smartphones, laptops, and televisions, poses severe risks to the environment and public health. Improper disposal and inadequate recycling methods lead to the release of hazardous substances such as lead, mercury, and cadmium into the air, water, and soil.
These toxins contaminate ecosystems, pollute water sources, and endanger human health.
The global e-waste problem can be attributed to several factors. Rapid technological advancements and the short lifespan of electronic devices contribute to the increasing volume of e-waste.
Additionally, the lack of awareness, ineffective regulations, and inadequate infrastructure for e-waste management exacerbate the problem.
Developing countries often become dumping grounds for e-waste, leading to adverse health effects on local communities. Consequences of the global e-waste tragedy are far-reaching.
Environmental degradation, including soil and water pollution, threatens biodiversity and ecosystems.
Moreover, informal e-waste recycling practices in developing countries expose workers to hazardous substances without proper safety measures, resulting in health issues and socio-economic challenges.
To address the global e-waste crisis, a multi-faceted approach is necessary. Governments should implement stringent regulations and policies to enforce responsible e-waste disposal and promote sustainable practices.
Extended producer responsibility programs can incentivize manufacturers to design products with longer lifespans and facilitate recycling processes.
Public awareness campaigns can educate consumers about proper e-waste disposal and the benefits of recycling. Collaboration between governments, businesses, and communities is crucial.
Partnerships can establish e-waste recycling facilities, improve waste management infrastructure, and create job opportunities in the recycling sector.
International cooperation can prevent e-waste dumping and promote responsible trade practices.
Conclusion:
The global e-waste tragedy presents a pressing environmental and public health crisis. Urgent action is needed to address the causes and consequences of e-waste.
By implementing strict regulations, raising public awareness, and fostering collaboration among stakeholders, we can mitigate the negative impact of e-waste and transition towards a more sustainable and circular economy.
Recommendations:
Governments should implement and enforce regulations for responsible e-waste disposal and promote sustainable practices.
Extended producer responsibility programs should be established to incentivize manufacturers to design longer-lasting products and facilitate recycling processes.
Public awareness campaigns should educate consumers about proper e-waste disposal and the benefits of recycling.
Collaboration between governments, businesses, and communities is crucial for establishing recycling facilities, improving waste management infrastructure, and creating job opportunities in the recycling sector.
International cooperation is essential to prevent e-waste dumping and promote responsible trade practices.
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What is TRUE about standards that are used to evaluate employee job performance?
Standards used to evaluate employee job performance should be clear, specific, measurable, and objective.
Standards to evaluate employee -They should be based on the job description and expectations for the role. The standards should also be communicated to employees in advance so they know what is expected of them. Additionally, standards should be applied consistently across all employees to ensure fairness and avoid bias. Finally, standards should be reviewed regularly to ensure they are still relevant and effective in evaluating job performance.
The Fair Labor Standards Act (FLSA) is a United States law designed to protect workers from certain unfair wage practices. As such, the FLSA establishes various labor regulations related to interstate employment in commerce, including minimum wages, overtime pay requirements, and restrictions on child labor.
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You are paying an effective annual rate of 18.75 percent on your credit card. The interest is compounded monthly. What is the annual percentage rate on this account?
The direct answer is that the annual percentage rate (APR) on the credit card account is also 18.75 percent.
The APR represents the true annual cost of borrowing, including any fees or additional costs associated with the credit card. In this case, since the interest is compounded monthly, the effective annual rate and the APR are the same at 18.75 percent. This means that for every $100 you borrow, you would be charged $18.75 in interest over the course of a year. It's important to note that the APR allows consumers to compare the costs of different credit cards and loans more accurately, as it accounts for compounding and other fees.
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Suppose consumers suddenly start preferring hamburgers over fish. how does this change affect consumer demand for fish?
a. demand increases.
b. demand decreases.
c. demand does not change.
Answer:
B. Demand decreases.
Explanation:
Since the consumers now prefer hamburgers over fish the demand for fish will decrease and will also decrease the production of fish.
I hope this helps!
The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of which type of control? A. Detective. B. Corrective. C. Preventive. D. Directive.
The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of a preventive control. Option C.
Preventive controls are designed to prevent errors or fraud from occurring in the first place. By having a prelisting of incoming cash receipts, the company can ensure that all cash received is properly accounted for and that any discrepancies can be detected early on. This helps to prevent any potential fraud or errors from occurring.
Additionally, the copies of the prelist going to both the cashier and accounting ensure that there is a separation of duties, which is another important aspect of preventive controls. By having different individuals responsible for different aspects of the accounting process, the company can reduce the risk of fraud or errors occurring.
In contrast, corrective controls are designed to correct errors or fraud after they have occurred, while detective controls are designed to detect errors or fraud after they have occurred.
Directive controls, on the other hand, are focused on directing or guiding individuals in their job duties, rather than preventing or correcting errors or fraud. So Option C is correct.
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Many employees quit working for Burger Bliss after six months, and the
company wants to convince employees to stay longer. Which of the following
activities would best help the company retain workers?
O A. The company better plans for the number of employees to hire.
O B. The company recruits college graduates instead of high school
O C. The company provides discipline for bad behavior like giving
O D. The company tells employees that their work matters.
graduates.
employees days off.
Answer:
The company tells employees that their work matters.
Explanation:
Employees develop an attachment with a workplace where their efforts are appreciated. Recognizing employees' inputs is a way of motivating them and increasing their satisfaction level, which prompts them to stay longer in the organization.
Burger Bliss should let their employees know that their input matters. Doing this motivates and makes the employee feel important. Burger Bliss will maintain its employees for longer if it makes them feel important and their input valued.