The per unit variable costs when 8,000 units are produced would still be RM4.00. Costs that can be traced to a particular cost object are called A. direct costs. Variable costs B. vary directly with changes in activity level.
Part 1:
To calculate the per unit variable costs, we divide the total variable costs by the number of units produced. Given that the company makes 10,000 units with variable costs of RM4 per unit, the total variable costs would be 10,000 units * RM4 per unit = RM40,000. When 8,000 units are produced, the total variable costs would still be RM40,000. Therefore, the per unit variable costs would be RM40,000 / 8,000 units = RM5 per unit.
However, in the given options, none of them match the calculated value. The closest option is B. RM4.00. Therefore, the correct answer is B. RM4.00.
Part 2:
Costs that can be traced directly to a specific cost object, such as a product, department, or project, are called direct costs. Direct costs are identifiable and can be directly allocated to a particular cost object.
Part 3:
Variable costs are costs that vary with the level of production or activity. They change in proportion to the changes in the activity level. In other words, as the level of production or activity increases or decreases, variable costs also increase or decrease. The correct answer is B. vary directly with changes in activity level.
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what is the point estimate of the population proportion 0.50 1.77 0.56 0.19
To calculate the point estimate of the population proportion, we need to first understand what a population proportion is. A population proportion is the fraction or percentage of individuals in a population that have a particular characteristic or trait.
In this case, we are given a set of four numbers: 0.50, 1.77, 0.56, and 0.19. These numbers are not sufficient to calculate the population proportion, as we do not know what characteristic or trait we are looking at.
Assuming that we are looking at a binary characteristic (i.e. something that can either be present or absent), we can use the formula: p-hat = x/n
where p-hat is the point estimate of the population proportion, x is the number of individuals in the sample with the characteristic, and n is the total sample size.
Without more information, we cannot determine x or n, and therefore we cannot calculate the point estimate of the population proportion.
In summary, the given numbers are not enough to calculate the point estimate of the population proportion, as we do not know what characteristic or trait we are looking at and we do not have information on the sample size or number of individuals with the characteristic.
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Why very few subsistence economies exist today
Answer:
As previously mentioned,
subsistence markets are
extremely vulnerable to
external influences.
Because of this
vulnerability, these economies are
becoming more scarce around the
world. In the past, for example, large
populations of indigenous peoples lived
throughout North America.
the first goal of an entrepreneur should be: group of answer choices to create a product or service that improves the lives of others. to operate the business ethically. to maximize shareholder wealth. to meet financial goals
The first goal of an entrepreneur should be to create a product or service that improves the lives of others.
A successful business is built on meeting the needs and wants of its customers, and creating something that provides value and solves a problem is the foundation of that success.
Operating the business ethically is also important, as it establishes trust and credibility with customers, employees, and the community. However, without a focus on creating a product or service that provides real value, ethical operations alone will not sustain a business. Maximizing shareholder wealth and meeting financial goals are also important considerations, but they should not come at the expense of the first goal.A business that prioritizes profits over creating value for customers will ultimately fail, as customers will go elsewhere for products or services that better meet their needs. In summary, while all of these goals are important, creating a product or service that improves the lives of others should be the first priority for any entrepreneur.Know more about the entrepreneur
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True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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What+is+the+portfolio+beta+if+75%+of+your+money+is+invested+in+the+market+portfolio,+and+the+remainder+is+invested+in+a+risk-free+asset?
Beta of the market potfolio is always 1 and the beta of risk free security is zero.
A market is a composition of systems, establishments, approaches, social relations or infrastructures whereby events have interaction in trade. even as parties might also change items and offerings through barter, most markets depend on sellers providing their items or services to customers in alternate for cash.
A marketplace is an area where consumers and sellers can meet to facilitate the exchange or transaction of goods and services. Markets may be physical like a retail outlet, or virtual like an e-store. other examples include unlawful markets, auction markets, and monetary markets.
Hence if he invest 75% of portfolio in market porfiolio weighted beta will be 75% of 1 =.75 beta
Balance 25% is invested in risk-free security hence weighted beta will be 25%*0 =beta 0
Therefore porfolio beta = = .75 (1) + .25 (0) = .75
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This question is incomplete. Look below for the proper question.
What is the portfolio beta if 75% of your money is invested in the market portfolio, and the remainder is invested in a risk-free asset?
19. GIVEN THE FOLLOWING INFO, FIND THE OPTIMAL CAPITAL BUDGET. a) The optimal capital structure is debt 30%, Preferred stock 20%, and common equity lis 50%. b) d) e) f) A maximum of $15 million of debt can be issued at an after-tax cost of 6%. The firm's C) debt cost goes up to 8% If it wants to raise more than $15 million in debt. The cost of Pref Stock is 12%. The cost of retained earnings is 18%, and the cost of new common stock is 20% The amount available in retained earnings is $15 million. The firm has the following investment opportunities this year: Investment A (S Million) IRR 10 B (%) 10 16 C 15 18 D 15 14 E 20 14.5 15 Part 1. Compute MCC COMPONENT WEIGHT MCC1 $0 TO $ •MILL DEBT MCC2 FR$ MILL to MCC3 OVER $ PS CS MILL MCC Part 2. Complete the diagram (make sure to label) Part 3. The optimal capital budget is
The optimal capital budget is $30 million.
To determine the optimal capital budget, we need to calculate the weights of each component in the firm's capital structure and evaluate the marginal cost of capital (MCC) for different financing levels. Compute MCC component weights: Debt: The firm's optimal capital structure specifies a debt weight of 30%. Therefore, the importance of debt is 30% of the total capital budget, which is 0.3 * $30 million = $9 million. Preferred stock: The select stock weight is 20%, so the importance of preferred stock is 0.2 * $30 million = $6 million. Common equity: The standard equity weight is 50%, resulting in a weight of 0.5 * $30 million = $15 million. Complete the diagram: The diagram represents the MCC for different financing levels. It typically shows the MCC1 (marginal cost of debt), MCC2 (marginal cost of preferred stock), and MCC3 (marginal cost of common equity) lines. These lines intersect at the optimal capital budget. Determine the optimal capital budget: We evaluate the MCC for different financing levels to find the optimal capital budget. Given the information provided, the firm can issue a maximum of $15 million of debt at an after-tax cost of 6%. However, if the firm wants to raise more than $15 million in debt, the cost of debt increases to 8%. We need to compare the MCC for different financing levels and identify the point where the MCC is minimized. In this case, the optimal capital budget is $30 million, which is the point where the MCC is the lowest among the available financing options. Therefore, the optimal capital budget for the firm is $30 million, which includes $9 million of debt, $6 million of preferred stock, and $15 million of common equity.
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which savings account will earn you the most money
A: One that compounds interest monthly
B: One that earns simple interest monthly
C: One that compounds interest daily
D: One that earns simple interest daily
The four aspects of Porter's model of international competitive advantage include all of the following EXCEPT:
a. factors of production.
b. demand conditions.
c. political and economic institutions.
d. related and supporting industries.
The aspect of Porter's model of international competitive advantage that is NOT included is c. political and economic institutions.
Porter's model of international competitive advantage consists of four key aspects that contribute to a nation's competitiveness in international markets. These aspects are factors of production, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry. These elements collectively shape the competitive advantage of a nation's industries. However, political and economic institutions are not explicitly included as one of the aspects in Porter's model. While political and economic institutions can indirectly influence a nation's competitiveness, they are not specifically identified as a separate aspect in Porter's framework. The focus of Porter's model is primarily on industry-specific factors and their interplay within a nation's competitive landscape.
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what makes the most practical sense to measure pressures realative to speech production
In the context of measuring pressures relative to speech production, the most practical and commonly used method is through the use of a device called a transducer.
A transducer is a sensor that converts physical pressure into an electrical signal, which can then be measured and analyzed. In speech production, transducers are often used to measure air pressure at different points in the vocal tract, such as the oral cavity or nasal cavity. This allows researchers and clinicians to assess various aspects of speech production, including articulation, voicing, and airflow.
Transducers used in speech research may include devices such as pressure-sensitive microphones or pressure sensors placed at specific locations within the vocal tract. These transducers capture changes in air pressure during speech production and provide valuable information for studying speech disorders, assessing vocal function, and evaluating the effectiveness of therapeutic interventions.
By measuring pressures relative to speech production, researchers and clinicians can gain insights into the mechanics and dynamics of speech production, aiding in the diagnosis and treatment of speech-related disorders and enhancing our understanding of the complexities of human communication.
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The supply of cigarettes is represented by S(P,v)=2Pv
−2
, where P is price of cigarette, v is the price of tobacco. Tobacco is a key raw material for cigarette production. The demand of cigarette is represented by D(P,I), where I is the income of a representative consumer. The policymaker does not know the entire demand curve but knows that the (local) price elasticity e
D,P
=−0.5 and income elasticity e
D,I
=1.5. a. Compute e
S,P
and e
S,v
. Is the demand of cigarette demand price elastic or inelastic? Cigarette is a luxury good or necessity? b. If income I increases by 10%, how much will the equilibrium price of cigarette change? c. The government wants to reduce cigarette consumption by charging extra tax on the usage of the key input, tobacco. Roughly predict that, if the government charges a 12% tax on tobacco (raise v by 12% ), how much will the equilibrium price of cigarette rise? d. The government charges a per unit tax t on cigarette consumption. Roughly predict what proportion of this taxt is born by consumers. e. Suppose the current equilibrium price and quantity is P=10 and Q=100. A per-unit taxt=1 is imposed on cigarette. Predict the deadweight loss caused by this tax.
(a) To compute the price elasticity of supply (eS,P), we differentiate the supply function with respect to price (P) and then multiply by P/S, where S is the quantity supplied:
eS,P = (dQ/dP) * (P/Q)
Given the supply function S(P,v) = 2Pv^(-2), we can find the quantity supplied (Q) by substituting the demand function into the supply function: Q = S(P,v) = 2Pv^(-2).
Differentiating Q with respect to P gives:
(dQ/dP) = 2v^(-2)
To find P/S, we divide P by Q:
P/Q = P / (2Pv^(-2)) = 1 / (2v^(-2)) = 1 / (2/v^2) = v^2/2
Combining the above results, we can compute eS,P:
eS,P = (dQ/dP) * (P/Q) = (2v^(-2)) * (v^2/2) = 1
The price elasticity of supply (eS,P) is 1.
To compute the price elasticity of supply (eS,v), we differentiate the supply function with respect to v and then multiply by v/S:
eS,v = (dQ/dv) * (v/Q)
Differentiating Q with respect to v gives:
(dQ/dv) = -4Pv^(-3)
To find v/S, we divide v by Q:
v/Q = v / (2Pv^(-2)) = 1 / (2Pv^(-1)) = 1 / (2/Pv) = P/(2v)
Combining the above results, we can compute eS,v:
eS,v = (dQ/dv) * (v/Q) = (-4Pv^(-3)) * (P/(2v)) = -2Pv^(-2)
The price elasticity of supply (eS,v) is -2Pv^(-2).
Given that the price elasticity of demand (eD,P) is -0.5, we can conclude that the demand for cigarettes is price inelastic since the absolute value of eD,P is less than 1. This means that a change in price will result in a proportionately smaller change in quantity demanded.
The demand for cigarettes can be categorized as a luxury good since the income elasticity of demand (eD,I) is positive and greater than 1 (1.5). This indicates that as income increases, the demand for cigarettes will increase at a proportionately larger rate, suggesting it is a luxury good.
(b) If income (I) increases by 10%, we need to determine the effect on the equilibrium price of cigarettes. Since we don't have the specific demand function, we cannot calculate the precise change in equilibrium price. However, based on the positive income elasticity of demand (eD,I = 1.5), we can infer that the equilibrium price of cigarettes will likely increase, but the exact percentage change cannot be determined without the demand function.
(c) If the government charges a 12% tax on tobacco (raising v by 12%), we need to estimate the impact on the equilibrium price of cigarettes. Since the supply function is directly affected by the price of tobacco (v), an increase in the price of tobacco will increase the cost of production and subsequently raise the equilibrium price of cigarettes. However, the exact percentage change in the equilibrium price cannot be predicted without knowing the specific relationship between the price of tobacco and the equilibrium price of cigarettes.
(d) To estimate the proportion of the per-unit tax (t) borne by consumers, we need
to consider the price elasticity of demand and supply. If the demand for cigarettes is price inelastic (|eD,P| < 1) and the supply is price elastic (|eS,P| > 1), a greater proportion of the tax burden will likely fall on consumers. Conversely, if the demand is price elastic and the supply is price inelastic, a larger proportion of the tax burden will be absorbed by producers. Without the specific values of price elasticities, it is challenging to provide a precise estimation of the proportion of the tax borne by consumers.
(e) Predicting the deadweight loss caused by a per-unit tax (t=1) requires information about the price elasticities of demand and supply and their relationship to the tax. The deadweight loss represents the loss in consumer and producer surplus due to the distortionary effects of the tax. Without the specific values of price elasticities and their responsiveness to the tax, it is not possible to accurately predict the magnitude of the deadweight loss caused by the tax.
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The tendency toward international integration and interdependency of goods, technology, information, labor, and capital is called economic ______________.
Economic globalizations refers to the trend toward global integration and interdependence of resources like labor, capital, information, and technology.
What is Economic globalization?
Economic globalization is the term used to describe the rising interdependence of world economies as a result of the expanding size of cross-border trade in goods and services, the movement of capital internationally, and the wide-spread and quick adoption of technology. Free trade agreements, like the Trans-Pacific Partnership and the North American Free Trade Agreement, are instances of economic globalization.
Economic globalization boosts business productivity and significantly expands the size of the economies of all nations. Improvements in the economy raise peoples' standards of living and educational attainment. Additionally, it creates the structural foundation for the growth of education.
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you are an administrative assistant in the purchasing department. Another administrative assistant is getting married in three weeks. Rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. you have not seen an official announcement, however, the assistant did tell you that she plans not to come back. What should you say to your two coworkers?
In this situation, You should tell your coworkers that you are unsure and that it is not yet official announced.
Co - workers.
Co workers refers a person with whom one works, typically someone in a similar role or at a similar level within an organization.
Given,
Here we have given that, you are an administrative assistant in the purchasing department. And another administrative assistant is getting married in three weeks. There is a rumor has it that after the wedding, she will not be returning, and two of your peers have come to you asking if it is true because they want to apply for her job. Now, you have not seen an official announcement, however, the assistant did tell you that she plans not to come back.
Here we need to find how you should handle this situation.
While we looking into the given question, we have identified the following,
There are 2 administrative assistant in your company.
One is you and another one is a girl and she get married in three weeks. And she also planned to resign after her marriage but this resignation is not officially confirmed.
So, in this situation, two of your peer interested for the position and asking you about the recruitment process.
Here you have to reply the co workers that the resignation is not conformed and if it is officially announced they you have the option to apply for that position.
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Why are natural monopolies allowed to exist?
Natural monopolies are allowed when a single company can supply a product or service at a lower cost than any potential competitor, and at a volume that can service an entire market. ... Since it's economically sensible to have utilities operate as natural monopolies, governments allow them to exist.
Sandhill Systems has total assets of $34,560 billions, the total debt of $9.250 billion, and a net sales of $22.400 billion. its net profit margin for the year is 18 percent, while the operating profit margin is 27 percent, what is Sandhill's net income? EBIT ROA, ROA, and ROE?
Sandhill Systems' net income can be calculated using the net profit margin and net sales. The EBIT, ROA, and ROE can also be determined based on the given information.
To calculate the net income, we can multiply the net sales by the net profit margin. In this case, the net income would be $22.400 billion multiplied by 18%, which is $4.032 billion.
EBIT (Earnings Before Interest and Taxes) is calculated by subtracting the operating expenses from the operating profit margin. The operating profit margin is given as 27%, so EBIT would be $22.400 billion multiplied by 27%, which is $6.048 billion.
ROA (Return on Assets) is calculated by dividing net income by total assets. With a net income of $4.032 billion and total assets of $34.560 billion, the ROA would be approximately 11.66%.
ROE (Return on Equity) is calculated by dividing net income by total equity. Since the total equity is not provided in the given information, we cannot calculate ROE.
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Design thinking is based on the needs of the designer.
True
False
Answer:
True
Explanation:
MovieKind is a large firm that manufactures film equipment. Employees at MovieKind get annual performance appraisals from their supervisors. As the HR Director at MovieKind, you want to modify the current performance evaluation system. Which of the following, if true, best supports the argument that the results method is the most appropriate performance appraisal tool for MovieKind to use?
A. MovieKind wants employees to be more conscious of the strategic importance of their work.
B. You want to maximize developmental feedback given to MovieKind employees.
C. Supervisors at MovieKind work with HR to hire, fire, and train all employees.
D. MovieKind organizes their work around project-based teams of employees united through Pooled interdependence.
E. MovieKind supervisors want to provide subordinates with upward feedback to illustrate employee ratings.
You want to maximize developmental feedback given to Movie Kind employees.
A sizable company that produces film equipment is called Movie Kind. Every year, Movie Kind employees receive performance reviews from their managers. You wish to make changes to the present performance evaluation process as the HR Director at Movie Kind. Many managers at Movie Kind are hesitant to give low performance ratings. , best supports the claim that Movie Kind should adopt the forced distribution approach as its primary performance evaluation tool .Work at Movie Kind is organised around employee project-based teams. At Movie Kind, many supervisors are reluctant to assign poor performance evaluations. You want to provide MovieKind staff as much constructive criticism as possible. When making hiring decisions, MovieKind managers find it challenging to determine the "fit" of potential employees. At MovieKind, many evaluations are required to reduce claims of hiring discrimination.
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the rent paid for the pasture land used to graze cattle would increase if:
The rent paid for the pasture land used to graze cattle would increase if there are changes in demand, supply, land quality, or market prices related to cattle and their products.
1. Demand for pasture land increases: If more people want to use pasture land for grazing cattle or other purposes, the competition will drive up the rent.
2. Supply of pasture land decreases: If there is a decrease in the amount of available pasture land due to factors like urban development or environmental restrictions, the rent may increase as a result of scarcity.
3. Land quality improves: If the quality of the pasture land improves, such as through better soil, vegetation, or access to water, the rent may increase because the land becomes more valuable for grazing cattle.
4. Market prices for cattle or related products rise: If the market prices for cattle or their by-products, such as meat or dairy products, increase, farmers may be willing to pay higher rent for pasture land to support their cattle operations.
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Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
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When an account payable is paid off in full, an entry is journalized that credits
which account?
O A. Accounts Payable
B. Accounts Receivable
C. Cash
D. Income
Answer:
B
Explanation:
gertrude quit her $40,000- per- year job to start her own own consulting firm. she withdrew her savings of $50,000 which was earning her an interest of $2000 in the bank and invested in her own consulting firm. at the end of her first year of operation, her total revenues were $208,000. her total explicit costs were $108,000. how much are her accounting profits from her own consulting firm? group of answer choices $30,000 $100,000 $50,000 $48,000
Gertrude's accounting profits from her consulting firm are $100,000, calculated by subtracting explicit costs ($108,000) from total revenues ($208,000).
To calculate Gertrude's accounting profits, we need to subtract her explicit costs from her total revenues.
Total revenues = $208,000
Explicit costs = $108,000
Accounting profits = Total revenues - Explicit costs
= $208,000 - $108,000
= $100,000
Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
Therefore, Gertrude's decision to start her own consulting firm has resulted in a positive accounting profit of $100,000. This indicates that her firm's revenues from consulting services exceed the explicit costs incurred in running the business.
It is important to note that accounting profits do not take into account implicit costs, such as the opportunity cost of Gertrude quitting her job and the foregone interest income from her savings. However, based on the given information, her accounting profits alone amount to $100,000. Hence, Gertrude's accounting profits from her own consulting firm are $100,000.
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issue 3. in running a business, describe costs and benefits resulting from exceeding legal standards and running what you believe to be a highly ethical operation.
While there may be some initial costs involved, running a highly ethical operation and exceeding legal standards can bring numerous benefits such as enhanced reputation, stakeholder trust, reduced legal risks, employee engagement, and long-term sustainability. These advantages can ultimately contribute to the overall success and resilience of the business.
Exceeding legal standards and running a highly ethical operation in a business can result in both costs and benefits. Let's explore them in detail:
Costs:
Financial Costs: Implementing ethical practices may require additional investments in employee training, compliance programs, and monitoring systems. These expenses can increase operational costs in the short term.
Competitive Disadvantage: Going beyond legal requirements and implementing stringent ethical standards might result in higher production costs compared to competitors who choose to cut corners. This can impact price competitiveness and market share.
Compliance Burden: Exceeding legal standards often means dealing with complex regulations and compliance requirements. Complying with additional regulations can be time-consuming and resource-intensive, diverting attention from other business priorities.
Benefits:
Enhanced Reputation: Operating ethically and exceeding legal standards can earn a business a strong reputation for integrity and responsibility. This can attract customers who prioritize ethical practices and differentiate the business from competitors.
Stakeholder Trust: Ethical practices build trust and loyalty among customers, employees, investors, and other stakeholders. By demonstrating a commitment to ethical behavior, businesses can foster long-term relationships and gain support from stakeholders.
Reduced Legal Risks: By surpassing legal requirements, businesses minimize the risk of legal disputes, fines, and reputational damage associated with non-compliance. This can lead to cost savings and a more stable business environment.
Employee Engagement and Productivity: Ethical operations create a positive work environment, promoting employee morale, satisfaction, and loyalty. Engaged employees tend to be more productive, innovative, and committed to the success of the organization.
Long-Term Sustainability: Ethical practices contribute to the long-term sustainability of a business by considering social and environmental impacts. Sustainable practices can attract environmentally conscious consumers, reduce resource consumption, and mitigate risks associated with climate change and social unrest.
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memorandum of association can be amended by
Answer:
Explanation:
A company's Memorandum of Association may be changed by the shareholders passing a special resolution in a general meeting or by written resolution. A copy of the resolution must be sent to Companies House within 15 days.
If you have easy access to a computer, your job search efforts should be limited to the Internet. Please select the best answer from the choices provided
Answer:
false
Explanation:
Answer: false
Explanation:
Advertising a. provides information about products, including prices and seller locations. b. has been proven to increase competition and reduce prices compared to markets without advertising. c. signals quality to consumers, because advertising is expensive. d. All of the above are correct.
Answer:
d. All of the above are correct.
Explanation:
Advertisement quite simply is the method or act of promoting/raising awareness for goods or services to potential customers.
The process of advertising involves providing details about the good or service being advertised while explaining why it would be in the best interest of potential customers to buy.
Advertising signals quality to consumer because it is expensive. It creates awareness to the public about a new product/service which in turn creates value to the potential buyers.
It has also been known to improve competition, thereby reducing the prices of the goods and making it subsidized.
All of the options are correct.
Which mindset would apple be adopting if it changed its strategic viewpoint from making laptops and desktops to making technology easy and elegant to use?.
Answer:
the production concept
Explanation:
The production process is defined as the process in which the factors of production, inputs of resources, are turned into beneficial outputs. Factors of production means capital, labor, technology, land, and other resources that are used to create output, or goods and services.
brainiest please so they don't look at the other answer!
The practice of using team selling to focus on important customers so as to build mutually beneficial, long-term, cooperative relationships is referred to as
The practice of using team selling to focus on important customers is known as major account management.
Major account management can be defined as the process of knowing your customers or clients in order to build a long lasting business relationship with them.
Major account management is important for managing team by making use of team selling so as to focus on clients and by ensuring that the customers are often satisfy with the company products.
They ensures that their customers also makes their own profit and they are often ready to provide solution to their customers or client when face with challenges, this inturn can help company to build loyalty relationship with their client.
Inconclusion the practice of using team selling to focus on important customers is known as major account management.
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URGENT!! demonstrate that the effective cost of funds for a $40 million 90-day bank bill issue in April is the forward rate established in June (when 30 August BAB futures are sold at 97.45), rather than the BBSW of 3.05% when the bills are issued in june
The effective cost of funds for the $40 million 90-day bank bill issue in April is determined by the forward rate established in June (based on the sale of 30 August BAB futures at 97.45), rather than the June BBSW rate of 3.05%.
The effective cost of funds for the bank bill issue in April can be determined by comparing the forward rate established in June with the BBSW rate in June. If the forward rate is lower than the BBSW rate, it indicates a more favorable cost of funds for the bank bill issue.
To calculate the effective cost of funds, we need to consider the following steps:
1. Determine the face value of the bank bills: $40 million.
2. Calculate the discount amount using the forward rate: Forward price = 97.45 (given)
Discount = (100 - Forward price) / 100
Discount amount = Face value x Discount
3. Determine the maturity period: 90 days.
4. Convert the maturity period to a fraction of a year: Fraction of a year = Maturity period / 365
5. Calculate the effective cost of funds using the forward rate: Effective cost of funds = (Discount amount / Face value) / Fraction of a year
By comparing the effective cost of funds obtained using the forward rate with the BBSW rate of 3.05%, we can determine whether the forward rate is the preferred option for the bank bill issue.
Please note that specific numerical calculations based on the given BBSW rate and forward rate need to be provided in order to obtain a precise comparison and determine the effective cost of funds.
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Isa bought goods on credit from Ammar. The goods had a list price of $1000 but Ammar allowed Isa trade discount of 10% and cash discount of 4%.
How much did Isa have to pay Ammar?
Answer:
$600 correct me if im wrong
The number of a country’s unemployment workers decreased from 5.3 million to 3.9 million last year. If the country’s population remained constant at 75 million, how did its unemployment rate change last year?
The country's unemployment rate decreased by 1.87% last year.
To determine how the country's unemployment rate changed last year, we need to calculate the unemployment rate before and after the decrease in the number of unemployed workers.The unemployment rate is calculated by dividing the number of unemployed workers by the total labor force (unemployed + employed workers) and multiplying the result by 100 to express it as a percentage.Before the decrease, the number of unemployed workers was 5.3 million. Assuming the labor force remains constant, the total labor force would be the sum of the unemployed and employed workers, which is 5.3 million + (75 million - 5.3 million) = 75 million.Therefore, the initial unemployment rate was (5.3 million / 75 million) * 100 = 7.07%.After the decrease, the number of unemployed workers became 3.9 million. The total labor force remains constant at 75 million.Therefore, the new unemployment rate is (3.9 million / 75 million) * 100 = 5.2%.The change in the unemployment rate can be calculated by subtracting the new rate from the initial rate: \(7.07% - 5.2% = 1.87%\).Hence, the country's unemployment rate decreased by 1.87% last year.For more questions on unemployment
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how can i start up business affect my pharmacy business? I need help for my business assignment
Answer:
drugs
Explanation:
gives a lot of money