Buying and selling products are examples of operating activities.
What is operating activities?Operating activities are the day-to-day activities that a business engages in to generate revenue and incur expenses. These include production and delivery of goods, sales and marketing, and administration. Investing activities, such as purchasing or selling long-term assets, are separate from operating activities. Financing activities, such as issuing stock or borrowing money, are also separate from operating activities. "Delivering activities" is not a commonly used term in accounting or finance.Examples of operating activities include buying and selling products, providing services, collecting cash from customers, and paying bills. The cash flow statement is a financial statement that shows the inflow and outflow of cash from a company's operating activities over a period of time. This statement is used to understand a company's liquidity and to evaluate its ability to generate cash from its core operations, which is crucial for the company's long-term survival and growth.To learn more about operating activities refer:
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Suppose Bank One offers a risk-free interest rate of 5.5 % on both savings and loans and BankEnn offers a risk-free interest rate of 6.0 % on both savings and loans.a. What arbitrage opportunity is available?A.Take a loan from Bank One at 6.0 % and save the money in Bank One at 5.5 %.B.Take a loan from Bank One at 5.5 % and save the money in Bank Enn at 6.0 %.C.Take a loan from Bank Enn at 6.0 % and save the money in Bank One at 5.5 %.D.Save at both banks.
An arbitrage opportunity is a situation where an investor can simultaneously buy and sell the same or similar assets in different markets to make a profit. Thus option B is the correct answer.
In this case, the investor can take a loan from Bank One at 5.5% and save the money in Bank Enn at 6.0%. The investor will be borrowing at a lower rate and lending at a higher rate and thus making a profit.
A.Take a loan from Bank One at 6.0 % and saving the money in Bank One at 5.5 % does not make sense, as the rate is the same in both cases and the investor will not make any profit.
C.Take a loan from Bank Enn at 6.0 % and saving the money in Bank One at 5.5 % does not make sense, as the rate is the same in both cases and the investor will not make any profit.
D.Save at both banks does not make sense as an arbitrage opportunity, as the investor will be earning the same interest rate and they will not make any profit.
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relish has a chain of outlets that sells baked products. relish requires all its employees to complete a month's training before they can work in the kitchen. this is an example of a . a. contingency plan b. standing plan c. standard operating procedure d. regulation e. policy
Relish is a bakery chain that sells baked goods. Before they can work in the kitchen, all relish staff must go through a month of training. This is an example of a policy.
What exactly do you mean by the policy?A policy is a set of purposeful guidelines that guide decisions and produces rational outcomes. A policy is a proclamation of intent that is put into action by a procedure or routine. Policies are often adopted by a company's governance body. Policies can help with both subjective and objective decision-making. Strategies employed during subjective assessment often assist top management in making decisions that must be based on the relative advantages of a number of factors and, as a consequence, are sometimes difficult to examine objectively. Organizations and other entities also have tactics in the form of laws, regulations, guidelines, written rules, awards, and optional actions. Resources are frequently allocated in line with policy suggestions.
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a market that reaches efficient equilibrium for price and quantity will result in a total surplus that is as large as possible. this large total surplus allows the consumers and producers to share the total surplus in a fair and equitable way. true
Greater consumer surplus cannot be produced at the optimum level of production without diminishing producer surplus.
What market opens first?Without a lunch break, Company listed (the Paris stock exchange) is open from 9:00 a.m. to 5:30 p.m. local time. There is no lunch break at the Swiss Exchange; it is open from 9:00 a.m. to 5:30 p.m. (Local time). Indian stock markets open at 9:15 am and conclude at 3:30 pm, as is common knowledge (IST).
Which capital market is open after hours?The Ebs and the Indian National Stock Exchange are the two main stock exchanges in India. The BSE's overnight trading hours for stock trading are from 3:00 pm to 8:59 a.m. The NSE's overnight trading hours are
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Total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price.
What causes total surplus?A surplus results from a disconnect between supply and demand for a product, or when some people are willing to pay more for a product than other consumers. Typically, a surplus causes a market disequilibrium in the supply and demand of a product.
Is total surplus good?The higher the total surplus, the more efficient the economy is. Total surplus and thus economic efficiency are maximized at the free market equilibrium quantity. The total surplus would be lower at any quantity other than equilibrium, and so economic efficiency would be worse.
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which of the following would be the best sentence to include in an e-mail message going to someone from another culture? a. are you available for a videoconference on 3/5? b. please get back to me asap to set up our meeting. c. we look forward to meeting with you next month. d. this agreement between our two companies should be a slam dunk.
We look forward to meeting with you next month would be the best sentence to include in an e-mail message going to someone from another culture.
A broad definition of culture includes knowledge, beliefs, the arts, laws, conventions, capacities, and habits of the people who belong to these groups in addition to the social behaviour, structures, and norms that characterise human societies. A particular place or location is frequently where culture started or is credited. Humans learn about culture through enculturation and socialisation, as seen by the variety of cultures found in different civilizations. A cultural norm codifies acceptable behaviour in society; it acts as a model for expected social behaviour in a group by providing guidelines for behaviour, attire, language, and mood in a scenario. Cultural repositioning, often known as cultural transformation, is the rebuilding of a society's cultural notion.
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In constructing a profile for your customer, you wish to assemble information on both financial and nonfinancial investment considerations that affect your customer. Which of the following qualify as financial investment considerations?
I. Your customer's tolerance of various forms of risk.
II. Your customer's dependents and their ages.
III. Your customer's liquid net worth.
IV. Your customer's monthly credit card payments.
The correct answer is C and D. The qualify as financial investment considerations are Your customer's dependents and their ages and Your customer's liquid net worth.
Economic funding is an economic product like a cryptocurrency or a stock this is bought with the intention of creating wealth. each investment has unique risks, blessings, and drawbacks in order to decide how and while investors purchase or promote them.
Investment is the willpower of cash to purchase an asset to reap an increase in price over a period of time. funding calls for a sacrifice of some gift asset, which includes time, cash, or attempt. In finance, the cause of making an investment is to generate a return from the invested asset.
There are numerous types of investments to select from. possibly the most common are stocks, bonds, real estate, and ETFs/mutual funds. other types of investments to don't forget are real property, CDs, annuities, cryptocurrencies, commodities, collectibles, and valuable metals.
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nongovernmental organizations (ngos) are increasingly important stakeholders to firms as influencers, on such aspects as human rights, the natural environment, and in the emerging world. which is a not a factor to consider when working with ngos
Answer:
Explanation:
under state law, acme may pay 3% of eligible gross wages or it may reimburse the state directly for actual unemployment claims. acme believes that actual unemployment claims will be 2% of eligible gross wages and has chosen to reimburse the state. eligible gross wages are defined as the first $10,000 of gross wages paid to each employee. acme had five employees, each of whom earned $20,000 during the year. in its december 31, balance sheet, what amount should acme report as accrued liability for unemployment claims?
$1,200 amount should boca report as accrued liability for unemployment claims in its year-end balance sheet.
A balance sheet is composed of what?The assets, liabilities, and owner's equity of a company are listed on a balance sheet as of any particular date. The end of predetermined periods is often when a balance sheet is created (e.g., every quarter; annually). Two columns are present on a balance sheet. Assets for the company are listed in the column on the left. A balance sheet is an overview of an entity's financial standing in financial accounting, whether it be a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of entity like a government or not-for-profit institution.
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Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer balls is prohibited. The following equations describe the monopolist s demand, marginal revenue, total cost, and marginal cost:
Demand: P = 10 - Q
Marginal Revenue: MR = 10 - 2Q
Total Cost TC = 3 + Q + 0.5 Q
2
Marginal Cost: MC = 1 + Q,
where Q is quantity and P is the price measured in Wiknamian dollars.
a. How many soccer balls does the monopolist produce? At what price are they sold? What is the monopolist s profit?
b. One day, the King of Wiknam decrees that henceforth there will be free trade either imports or exports of soccer balls at the world price of $6. The firm is now a price taker in a competitive market What happens to domestic production of soccer balls? To domestic consumption? Does Wiknam export or import soccer balls?
The monopolist will produce for 4 units and price is $6.
How do you calculate monopolist price?A scenario known as monopoly occurs when there is only one seller in the market. The monopoly case is viewed as the polar opposite of perfect competition in conventional economic analysis. The industry's downward-sloping demand curve is, by definition, the demand curve that the monopolist faces. To find the profit-maximizing output level, we need to set marginal revenue equal to marginal cost.
MR = 10 - 2Q = MC = 1 + Q
10 - 2Q = 1 + Q
Solving for Q, we get:
Q = 4
So, the monopolist produces 4 soccer balls. To find the price at which they are sold, we substitute this value of Q back into the demand equation:
P = 10 - Q = 10 - 4 = 6
So the soccer balls are sold at a price of $6. To find the monopolist's profit, we need to calculate total revenue and total cost at this output level:
TR = P * Q = 6 * 4 = $24
TC = 3 + Q + 0.5 Q^2 = 3 + 4 + 0.5(4)^2 = 3 + 4 + 4 = 11
Profit = TR - TC = 24 - 11 = $13
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holt co. discovered that in the prior year, it failed to report $40,000 of depreciation related to a newly constructed building. the depreciation was computed correctly for tax purposes. the tax rate for the current year was 20%. how should holt report the correction of error in the current year?
As an increase in accumulated depreciation of 40,000. If an error in a previous period affects a balance sheet account, the adjustment can still be made to that account directly because it was not closed to retained profits.
What exactly do you mean by depreciation?Depreciation is a method of accounting that allocates the cost of a tangible or physical object over its useful life. Depreciation is a measure of how much of an asset's useful life has passed. It enables organizations to generate revenue from their assets by paying for them over time.
Because businesses are not required to fully account for assets in the year they are purchased, the initial cost of ownership is considerably reduced. Long-term investments can be depreciated for tax and accounting reasons as well.
Depreciation differs from amortization in that it accounts for the change in the value of intangible assets over time.
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a manager leaves an organization to follow a transferred spouse. which recruiting practice would be readily accessible to current employees and help the employer pinpoint and identify qualified internal candidates for the open job?
Current employees would easily have access to (B) job posting recruiting practices, which would aid the company in locating and identifying qualified internal candidates for the open position.
What is a Job posting?Job posts also referred to as job advertising, are the main way that businesses find new employees to fill open positions.
Historically, newspaper classifieds were commonplace for employment advertisements.
Nowadays, job advertisements are frequently posted online.
A job description is, technically speaking, an internal document that human resources departments, hiring managers, and employees use to describe a role.
Technically defined, a job posting or job ad is an external document utilized by hiring teams during the recruitment process.
Internal and external posts are the two primary categories of job advertisements.
Therefore, current employees would easily have access to (B) job posting recruiting practices, which would aid the company in locating and identifying qualified internal candidates for the open position.
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Correct question:
A manager leaves an organization to follow a transferred spouse. Which recruiting practice would be readily accessible to current employees and help the employer pinpoint and identify qualified internal candidates for the open job?
a. Job bidding
b. Job posting
c.Temporary agencies
d. Interns
what is the common term for a process of developing a long-term relationship with a supplier based on mutual trust, shared vision, shared information, and shared risks?
The term "partnering" refers to the process of establishing a long-term partnership with a provider based on shared values, goals, information, and risks.
What is partnering, exactly?The legal structure for that company is an agreement between two or more people known as a partnership. By providing skills, money, and/or other resources, each person shares in the business's profits and losses under this structure.
A partnership is defined as two or more businesses working together for a certain objective or to achieve common business objectives.
Why are corporate alliances so important?Our connections with business partners serve as essential resources and links as we carry out our activities, plan for the future, and broaden our knowledge of goods, modifications, and trends. Building relationships with potential business partners might be beneficial when a product or service changes or when we need more.
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"Why would you want to take an Advanced Placement course?" Brooklyn's cousin asks her. "They're way harder, so your grade point average will
probably go down." Which of these is the BEST answer for Brooklyn to give?
A. It's worth it because I can start earning college credit while I'm still in high school.
B. People say AP courses are harder, but they're at the same level as other high school classes.
OC. Taking tests makes me nervous, and AP courses don't require students to take tests.
OD. If I pass enough AP courses, I won't need to go to a college or university.
The best solution given by Brooklyn was It's worth it because I can start earning college credit while I'm still in high school. Thus, option A is correct.
What is an Advance placement course?The College Board developed the Advanced Placement program, which is offered in the US, Canada, the UAE, and less frequently in other nations. Students in high school have access to AP's undergraduate university-level programs and exams.
The purpose of Advance placement Exams is to evaluate your level of mastery of the knowledge and skills covered in a particular AP course. They are standardized tests.
The Brooklyn's recommended course of action as the individual can start receiving college credit while he still in high school, so it's worthwhile. Therefore, choice A is correct.
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if the central bank sells $20,000 worth of government bonds to banks, what will happen to the money supply? assume that the reserve requirement is 20 percent and that the banks hold no excess reserves. (2 points)
The money supply will decrease by $200,000 when central bank sells $20,000 worth of government bonds to the banks.
What is money supply?The money supply is the total amount of cash and liquid assets in an economy on the measurement date. Governments print money in the form of coins and bills using a combination of central banks and national treasuries. Bank regulators have an effect on the quantity of money available to the general public by dictating to banks what reserves they must hold, how to extend credit, and other financial difficulties. Business cycles and long-term macroeconomic performance have been largely linked to variations in the money supply. The role of the money supply is heavily emphasized by monetary theory, Irving Fisher's quantity theory of money, and Austrian Business Cycle Theory, three macroeconomic schools of thought.
MM = 1/.2 = 5; 5 x $20,000 = $200,000 decrease in money supply
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Finished products are an example of independent-demand items. True or False ?
The bullwhip effect describes variations in supply. True or False?
Fill rate represents percentage of demand filled indirectly from inventory. True or False ?
Finished products are an example of independent-demand items.
The statement is true
The demand for an item is said to fall under the category of independent demand when it is not dependent on the demand for another item. complete products Items that are produced for stock and sale or ordered by external customers are referred to as independent demand items.Demand for a finished good can majorly be defined as a whole process where the independent demand can be called whereas demand for a component part of a finished good, such as the tires on a car.This is popularly called as dependent demand. The demand for a finished good serves as the basis for dependent demand.To know more about Demand here
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list the four questions asked in analyzing an adjustment on a work sheet.
The four questions asked in analyzing an adjustment on a worksheet are What is the balance? What should the balance be? What must be done to make the balance what it needs to be? What adjustment is made?
The beginning inventory balance in the trial balance columns is combined with the two inventory adjustments on a work sheet to generate the ending inventory balance in the adjusted trial balance columns. This balance is carried over to the balance sheet columns on the work sheet.
On the job sheet, the two modifications to the income summary are given particular care. Rather than combining the adjustments and placing the result in one of the adjusted trial balance columns, both adjustments are transferred to the adjusted trial balance columns, followed by the income statement columns.
The debit entry on the work sheet for income summary is used to report the beginning inventory balance on the income statement, and the credit entry for income summary is used to report the ending inventory balance on the income statement.
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49. Global Enterprises Inc. competes in many product, service, and geographic markets. Global's board consists of a large number of directors. The firm faces myriad complex business issues. To avoid its governance from becoming unwieldy, the company can delegate some of its functions to a. its incorporators. b. an executive committee. c. its shareholders. d. a quorum.
Option (b), The corporation can assign part of its responsibilities to an executive committee in order to keep its governance from becoming cumbersome.
What functions does the executive committee of the corporation have?The executive committee, which is comprised of elected board members, establishes a steering committee for the full board. Its main goal is to facilitate decision-making between board meetings, in emergency situations, or in the event of a calamity. It functions as the steering committee for the board and is vested with the power to make decisions on the board's behalf.
What are the responsibilities of those in charge of corporate governance?The system used to manage and direct businesses is called corporate governance. Boards of directors are accountable for overseeing a company's governance. In corporate governance, it is the shareholders' duty to choose the directors and auditors as well as to make sure that an appropriate governance framework is in place.
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in which csr business activity would an organization consider csr risks before projects are approved?
Integrating CSR principles and controls into the decision-making process is the CSR business activity would an organization consider CSR risks before projects are approved.
The decision-making is the process which is used in the business or start-ups for identifying a concept or decision to gathering information and take action.
The decision-making process contains five steps which are identify the decision, gather information, merits the decision, weigh the evidence and choose among alternatives.
To implement the business plan, it is important to take the decision-making process on the plan or decision. The CSR principles and controls into the decision-making process would be an organization for the projects approval.
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suppose a monopolistically competitive firm's output where marginal revenue equals marginal cost is 66 units and the price corresponding to this quantity is $18. if the average total cost at this output is $16.55, then its total profit is a. $1,188. b. $1,092.30. c. $95.70. d. $1.45.
The required total profit of the firm when it sells 6+6 units is (C) $95.70.
What is profit?In the field of economics, profit is defined as the difference between the income produced by an economic entity's outputs and the total of its input expenses.
Total income less total expenses, which includes both direct and indirect expenses, is what it amounts to.t
It's distinct from accounting profit, which only pertains to the costs that are explicitly stated on a company's financial accounts.
Accounting profit is calculated by subtracting the company's entire revenue from its explicit costs.
When examining a corporation, an economist takes into account all costs, both apparent and implicit.
So, the total profit will be:
18 - 16.55 = 1.45
1.45 * 66 = 95.70
Therefore, the required total profit of the firm when it sells 6+6 units is (C) $95.70.
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what are some possible benefits of studying global business? a. if you are transferred to another state by your company, you will be better prepared. b. you will be able to negotiate more effectively with suppliers. c. if you go to work for a multinational firm, you will be better prepared for expatriate assignments abroad. d. you will be able to communicate in multiple languages.
The potential advantages of learning international business You will be more prepared for expatriate postings abroad if you choose to work for a multinational corporation.
What advantages of learning international business might there be?Be familiar with macroeconomics.
Learn to respect various cultural traditions.
navigate the opportunities and difficulties presented by international politics in the business world.
Discover from the Success and Failure of Others.
Make Successful Business Plans.
Why is international business so important?It all boils down to statistics when it comes to the main advantage of growing your business activities abroad. Operating in additional nations increases the number of clients a company can reach, which increases revenue and profits. More sales can lower costs if you sell products.
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A firm has a cost of equity of 13%, a cost of preferred of 11%, an after-tax cost of debt of 5.2% and a tax rate of 35%. Given this, which one of the following will increase the firm's weighted average cost of capital? a. Redeeming shares of common share ob. Increasing the firm's tax rate Oc. Increasing the firm's beta The cost of capital for a project should: a. be adjusted based on the risk of the project. O b.be adjusted based on the size of the project. O c.meet or exceed the internal rate of return of the project. O d. never exceed the cost of capital for the overall firm.
Option A will increase the firm's weighted average cost of capital. Redeeming shares of common stock will decrease the number of shares outstanding and thus, increase the cost of equity.
The cost of capital for a project should be adjusted based on the risk of the project. The cost of capital is the minimum required rate of return that a company must earn in order to make a project worthwhile. Projects that are more risky will require a higher cost of capital. A firm's cost of capital is based on the cost of its debt and equity, which can be affected by various factors such as the company's credit rating, beta, and tax rate. It's important for firms to determine the appropriate cost of capital for each project, so that they can make informed investment decisions and ensure that they are earning a sufficient return on their investments.
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complete computer services reports total assets of $1,000, total liabilities of $200, and total equity of $800. what is complete computer services debt ratio?
Therefore, the debt ratio is 20%
Explanation:
Total Assets = $1,000
Total Liability = $200,
The debt- ratio can be written as
=Total Liabilities/Total Assets
=$200/$1000
∵Therefore, the debt ratio is 20%
The debt ratio, which is calculated by dividing a company's total liabilities by its total assets, represents the proportion of debts to assets held by the company.
The debt ratio measures a company's financial leverage, or how much of its assets are financed by debt. A company has more debt than assets and may be at a higher risk of default if the ratio is higher than 1.
For instance, businesses that require a lot of capital, like those in the energy industry, typically incur more debt than businesses in the IT industry.
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a recent physical inventory at a department store reports a merchandise value of $976,454. the merchandise book value was $1,150,450. the merchandise sales were $2,950,675. what is the shrinkage as a percentage of sales?
Shrinkage as a proportion of sales is 5.9%. When agents are being paid but aren't accessible to handle interactions, this is referred to as shrinkage in workforce management terms.
How does shrinkage function?The accounting term "shrinking" is used to describe a scenario in which a store has less inventory than is shown in its recorded book inventory. Shrinkage can be brought on by a number of things, including employee theft, shoplifting, administrative errors, vendor fraud, product damage, and others.
What is the main cause of shrinkage?Four things mostly contribute to shrinkage: shoplifting, employee theft, administrative errors, and fraud. Understanding how shrinkage in retail outlets happens is the first step in reducing and eliminating it.
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explain the difference between a premium and a deductible.
Premiums are recurring payments that maintain your health insurance plan in effect. Usually, higher premiums correspond to lower deductibles.
Your deductible is the amount you must pay out-of-pocket before your health plan begins to provide benefits.
Your deductible's size is directly correlated to the cost of your premium. It may be tempting to select the insurance plan with the lowest premium when looking around.
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betty earned interest of $430 on a savings account and $90 on a checking account. the $90 was withdrawn, but the $430 was left in the savings. how much interest income must betty report on her return?
Both interest generated in checking and savings accounts will be taxed. Even if the interest on savings is not withdrawn, it will still be included in the returns because it is a component of Betty's income.
How is interest on savings accounts taxed?Section 80TTA exempts interest earned up to Rs 10,000 from taxation. According to Section 80TTB, older citizens are eligible for a tax exemption up to Rs 50,000. On interest on non-resident regular accounts, tax is deducted at source (TDS) at a rate of 30% for NRIs. Interest earned on Non-resident External (NRE) accounts is not taxed.
Interest earned on savings accounts is not subject to TDS. Interest earned on Non-resident Ordinary (NRO) accounts is subject to tax deducted at source (TDS) at a rate of 30% for NRIs. Interest on Non-resident External (NRE) accounts is not subject to tax.
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research a company that has posted its mission and vision statement online. include the following in your initial post: identify the company and share its mission and vision statement. review what the company is actually doing including innovations, initiatives, product development, marketing, and so on. how sincerely and effectively do you feel the mission and vision statements reflect the company's actions? provide an example. explain if the company's mission and vision statement have helped or hindered its overall success.
The following should be included in your first post: Share the name of the business together with its purpose and vision statements. Review the company's current actions, including
Hindustan Unilever Limited is the business name. Statement of the vision
How can I start business with?
You decide which filing methods and services to use.
You select the filing method and add-on services that best suit your requirements, such as a registered agent, an employer identification number (EIN), worry-free compliance, or quicker filing times.
Your formation papers are submitted to the state by us.
Depending on the services and time period you choose at the time of checkout, our staff gathers and submits all the required papers to the state to formally incorporate your firm.
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A certain construction company is obligated to pay
25.12% on earned wages into Worker's
Compensation insurance.
What is the Worker's Compensation payment on
$25,000 of wages?
Worker's Comp. payment = $ [?]
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
What is worker compensation payment?Workers' compensation can be defined as a form of insurance that help to provide benefit to people that are injured or had accident in their workplace and this benefit is a form of compensation.
Now let find the worker compensation payment using this formula
Workers' compensation payment = Percentage on earned wages × Wages
Let plug in the formula
Workers' compensation payment = 25.12% × $25,000
Workers' compensation payment = $6,280
Therefore we can conclude that Workers' compensation payment is the amount of $6,280.
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Answer:
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
Explanation:
if there was only one automobile manufacturer in the united states and it was impossible for another company to enter the industry, the government or the company trying to enter the market might try to enforce a competition or
The laws and guidelines that control how states interact with one another, with other states and individuals, and with other international organizations collectively make up international law.
What is international law?The laws and guidelines that control how states interact with one another, with other states and individuals, and with other international organizations collectively make up international law.Only rights issues involving multiple states or between one nation and its inhabitants or subjects are the focus of public international law. International disputes between private parties are handled by private international law.These issues have a strong connection to many different countries, which is why they are causing such controversy. The distinction between international public law and private law has grown more hazy in recent years. Many questions of private international law have significant international relevance, and private international law issues frequently involve public international law issues.
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In discussions of business and society, why is there a tendency to focus on large rather than small- or medium-sized firms? Have the corporate ethics scandals of the early 2000s affected small- and medium-sized firms? If so, in what ways have these firms been affected?
There is a tendency to focus on large corporations since they receive more media attention than small ones. Large companies are perceived as having more influence because of their broad advertising reach, stellar product reputation, and increased customer awareness.
Why do huge companies tend to get more attention in debates of business and society than small or medium-sized businesses? Have small- and medium-sized businesses been impacted by the early 2000s corporate ethics scandals? If yes, how have these businesses been impacted?When studying the relationship between the influence on the economy and firm size, larger enterprises have a stronger impact.
Larger companies' revenues will have a bigger impact on the world economy. As a result, society has a more favorable impression of them. Although medium and small firms have an impact on the economy, profitability is more influenced by larger businesses.
There was also a level to the ethical offenses committed in the early 2000s. Enron, if I recall correctly, was an energy company. They were huge, but they were corrupt. Enron was, for lack of a better word, fabricating the books. They got around a number of SEC rules while still keeping certain records. This flagrant blow-up caused the firm to lose billions from stockholders and employee pensions.
The SEC cracked down on all publicly owned companies as a result of this ethical incident and issued new accounting guidelines. The FASB (Financial Accounting Standards Board) and Sarbanes Oxley are a couple of the well-known names that come to mind. These names are certain to be familiar to you if you have attended accounting courses. Large public corporations in the US were forced to comply with changes made to the G.A.A.P. (Generally Accepted Accounting Principles).
However, the impact on small and medium-sized firms wasn't as severe. Again, these changes and new regulations have an impact on publicly owned firms. corporations that deal in stocks. It is best for small- and medium-sized business owners to follow these guidelines as though they intend to go public.
Think of a famous person as a great way to demonstrate the differences in firm size's relevance to society. While news concerning regular people is less extensive, celebrity news is always available. Despite the fact that the entire world and society are aware of Kanye West's issues with Kim Kardashian, they are not aware of what is happening to your neighbor. It's not that your neighbor is less important overall; it's just that Kanye and Kim are more well-known in society.
One could claim that small and medium-sized enterprises can get away with ethical difficulties more easily than huge corporations due to their size and profit margins.
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monetarists and classical economists: a. assume the economy operates at full employment and stimulative monetary policy will only cause the price level to rise. b. assume that stimulative monetary policy will create high levels of gdp without inflation. c. assume that the economy operates at full employment and stimulative monetary policy will increase both aggregate supply and aggregate demand. d. assume that stimulative monetary policy will create high levels of gdp and slightly high prices.
Monetarists and traditional economics should presumptively believe that the economy is fully employed and that monetary stimulus will only raise prices.
Why is price such a key factor in business?Pricing is important since it determines what value your products have for you and your consumer. By examining the tangible pricing point, customers may decide whether an item is worth their time and money.
How are pricing decided upon in a company?To determine your first price, sum up all the expenses related to delivering your product on the market, then add your net profit on top of those costs. One of the basic methods for setting the price of your product is this tactic, which is known as cost-plus pricing.
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what are the unique skills and capabilities that enable an organization to create and implement its strategies? a. market strengths b. environmental strengths c. market opportunities d. organizational opportunities e. organizational strengths
The skills and capabilities that enable an organization to conceive of and implement its strategies are organizational strengths.
What is an organizational strengths?
The ability of an organization to meet consumer expectations, effectively manage resources, improve and encourage staff performance, and stay ahead of the competition is referred to as organizational strength and capability. Although these are intangible assets, they are extremely important and difficult to replicate.
Strengths include things like a strong brand, a devoted client base, a strong balance sheet, innovative technology, etc. that indicate what a firm excels at and what sets it apart from the competition.
A wealth of managerial talent, excess funds, a distinctive reputation and/or brand name, and well-established distribution channels are a few examples of strengths.
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