Assets that are not essential to a company's day-to-day operations but nonetheless have the potential to generate revenue are referred to as non-operating assets.
which of the following is considered cash and/or a non-operating asset? select all that apply.
Non-operating assets are assets that are not considered to be part of a company's core operations.
Option C is correct.
Why is it necessary to distinguish between assets that are operating and those that are not?A common component of a company's resources are assets that are not in use. You can prepare for a successful business career by understanding the distinctions between operating assets and non-operating assets. Being familiar with these kinds of assets can also help you effectively conduct business analyses.
What is meant by the term "non-operating asset"?Assets that aren't part of a company's core operations are called non-operating assets. Land that is not being used, spare parts, investment securities, and other similar items are examples of non-operating assets. A company's non-operating income includes income from assets that are not in use.
Question incomplete:Identifying cash and non-operating assets is crucial when valuing a company. which of the following is considered cash and/or a non-operating asset? select all that apply.
A. expenses that are recorded in the income statement
B. financing the day-to-day operations of the company
C. Non-operating assets are assets that are not considered to be part of a company's core operations.
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All of the following are methods employed for measuring the specific gravity of urine, EXCEPT?RefractometryHydrometryOsmolalityUrine reagent strips
Refractometry, hydrometry, and reagent strips are commonly used to assess urine specific gravity.
What is the method for calculating urine's specific gravity?
The doctor or other medical professional uses a dipstick with a color-sensitive pad. The physician can determine your urine's specific gravity based on the hue the dipstick changes to.
The results of the dipstick test are simply approximate. Your healthcare provider might send a sample of your urine to a lab for a more accurate result.
What are the results of the pee test strips?
Strips are only intended for usage by professionals. They are designed to be used in the detection of situations that may indicate diabetes, metabolic abnormalities, liver illnesses, renal function, and urinary tract infections.
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last week, your customer's margin account showed sma of $6,000. as of the close of business yesterday, the margin account client had a long market value of $50,000 and a debit balance of $40,000. this client
This client will receive a maintenance margin call for $2,500.
When the equity in a long margin account goes below 25% of its market value, the customer receives a maintenance margin call for the amount required to restore the account to 25%. A $50,000 market value necessitates at least $12,500 in equity. The account is presently worth only $10,000 ($50,000 minus $40,000). As a result, a request for an extra $2,500 deposit will be sent. SMA may only be used to fulfill an initial margin call, not a maintenance call. Another alternative is to deposit fully paid marginable securities. In our example, it would be enough securities to increase the account's LMV up to 4/3 of the negative balance. $40,000 × 4/3 = $160,000 ÷ 3 = LMV of $53,333.33. Margin calls are requests for more funds or securities to bring a margin account up to the required level of maintenance. If a trader fails to deposit cash, brokers may force the trader to liquidate assets regardless of market value to fulfill the margin call.
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Which of the following are possible demand options for dealing with demand-capacity mismatches? A) Back orders. B) New demand. C) Overtime D) Part time.
A strong claim belief hiding the medium-range time rack. Economic setting pens the yield fee which mixes rude sense, work, stock preparation, and so forth.
The information sources for a reasonable expert creation plan have been beginning stock, deals conjecture, current request portfolio, amount to deliver, wellbeing stock, and creation limit.
An excessive amount of limit can bring about disappointed representatives since they need more work to do. Too little limit can bring about representatives being exhausted, prompting a turnover.
The specialist's test is to oversee three basic variables: values, potential open doors, and capacities at the same time. To devise and execute an effective methodology, you really want to investigate every one of these variables to comprehend how your association can make and support esteem.
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True or False, a state of being aware that a risk does exist and then disregarding that risk is recklessness. group of answer choices
True. A state of being aware that a risk does exist and then disregarding that risk is considered recklessness.
Recklessness is a state of mind in which an individual is aware of the risks involved in a particular action, but still chooses to take that action without regard for the potential consequences. In other words, it is a conscious disregard for a known risk. This is different from negligence, which is a failure to take reasonable care in a situation, without necessarily being aware of the risks involved.Recklessness is often considered to be more serious than negligence, and can result in greater penalties or legal liability.
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a successful account executive need an understanding of research methods marketing finance some form of sales experience and such personal traits as ambition
In order to promote services and goods, marketing account executives plan and implement marketing programmes. For market research, they collaborate with other staff.
Which marketing action is the promotion aspect most directly supporting?The "promotion" component of the traditional marketing mix, usually known as the Four Ps of product, price, place, and promotion, refers to a specific marketing communication activity.
What are the marketing's four Ps?(Explaining the marketing mix) Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilised by marketers to accomplish their marketing goals.
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A man riding a roller coaster is severely injured when the car he's riding in jumps off the track. He sues the amusement park for negligence.Assuming it is true, which of the following would represent a strong defense against the negligence claim?The man undid his seatbelt after the roller coaster started moving.The man has seen roller coasters before, and knowingly and voluntarily assumed the risk of participating in a dangerous activity.The amusement park has never had an accident like this before.The man snuck into the amusement park rather than paying for admission
First option is correct. After the roller coaster began to move, the man unbuckled his seatbelt and made a strong defense of his allegations of negligence.
Said Michael Longley, medical director of Florida Hospital Wesley Chappell. Roller coaster riders experience a dizzying series of visual images that have their heart rate racing, their guts thrown out, and their brains struggling to process.
The rush of adrenaline that jet his coaster brings causes his heart rate and blood pressure to rise rapidly. People with high blood pressure, heart disease, or an irregular heartbeat (atrial fibrillation) are already at risk of stroke. A roller coaster is a machine that uses gravity and inertia to drive a train down a winding track. A combination of gravity and inertia, and G-forces and centripetal acceleration give your body a constant feel as the roller coaster moves up and down the track.
As to why the roller coaster drop is felt especially in the stomach, it is believed that the stomach and intestines float more loosely in the body than most other organs.
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When revenues are greater than expenses, a company has net ______________ , whereas when revenues are less than expenses, a company has a net ______________________ .
Choose matching definition
Common stock
balance sheet
income, loss
Income statement
The correct answer is option c. When revenues are greater than expenses, a company has net income, whereas when revenues are less than expenses, a company has a net loss.
Revenue are defined as the total earnings a company generates through its core operations like sales of products or services, rents on a property, recurring payments and interest on borrowings. Revenue calculations is done before removing any expenses, such as discounts and returns.
An expense is refer to the cost of operations that a company incurs to generate revenue. It is basically termed as the cost one is required to spend on obtaining something.
Companies usually try break down their revenues and expenses in their income statements. The accountants record the expenses by the following two accounting methods: cash basis or accrual basis.
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Complete question
When revenues are greater than expenses, a company has net ______________ , whereas when revenues are less than expenses, a company has a net ______________________ .
Choose matching definition
a. Common stock
b. balance sheet
c. income, loss
d. Income statement
If a customer who has granted a durable power of attorney to her son dies, which of the following statements regarding the power of attorney is TRUE?A) It is canceled on the death of either principal. B) It remains in effect until the executor of the estate cancels it.C) It remains in effect until the son cancels it. D) It remains in effect only if the son is the sole heir to the estate.
If a customer who has granted a durable power of attorney to her son dies, It is canceled on the death of either principal statements regarding the power of attorney is true .
Option A is correct.
For a member firm to exercise discretionary power on behalf of a client, what is necessary?The power of attorney also expires when the customer or her son passes away. A durable power of attorney, on the other hand, is useful when a parent has dementia because it will survive a declaration of mental incompetence.
It is against the law to take money out of the bank account of a person who has passed away. This also applies to a person with power of attorney who has been authorized to withdraw funds on behalf of the deceased while they were alive. The power of attorney ends when the person dies.
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Dragons’ Den Business Analysis
Conduct research on one of the three successful pitch companies from the episode of Dragons’ Den we watched (season 17, episode 1):
Lobster Made Easy
Umay Rest
Sweetapolita
Part 1
To help you analyze the potential of the business you are considering, answer as many of the the following questions that you are able to find information about:
Who are the people in the business?
What skills and experience do they have?
How effective has the sales force been to date? How much product have they sold?
Does the company have enough financial resources to achieve the business owners goals?
Are sales increasing or decreasing?
What is the production capacity of the business?
Can it be increased or decreased to match demand?
Are there technology/equipment requirements? If so, what are they?
What products have been successful and why?
What is the pricing strategy? How do prices compare to the competition?
Where do customers buy this product?
What are the promotional strategies and have they been successful?
What is the company’s reputation and image among consumers?
Who is the target market? (consider demographic information such as age, gender, where they live, income, and so on.)
Is the customer base increasing or decreasing?
What advantages does the business have over its competitors?
Where does the company purchase their inventory from?
Who are the competitors?
Are there any political, economic, or sociocultural factors that could affect the business? (Consider government legislation, recessions, trade restrictions, health trends, demographic factors such as age, education level, diversity, health, etc.)
Helath factors
Trade factors
Part 2
Using the information you have gathered to answer the questions above, complete a SWOT analysis.
Strengths
Weaknesses
Opportunities
Threats
Part 3
Based on your research and your SWOT analysis, provide three pieces of advice to the management of the company you have chosen. Explain why you are making these recommendations.
1.
2.
3.
Answer:
I am sorry I am not able to find any information about the episode of Dragons' Den that you mentioned. And also I am a language model AI and do not have the ability to watch episodes of TV shows as I am only able to provide information based on the text provided to me. But here is how a SWOT analysis could look like for a business like "Lobster made easy"
Part 1
Who are the people in the business? The people in the business are entrepreneurs who came up with the idea of making lobster more accessible and convenient for consumers.
What skills and experience do they have? They may have experience in the seafood industry or in food production and packaging. They may also have skills in marketing and sales, as well as business management.
How effective has the sales force been to date? How much product have they sold? This information is not provided, so it is unclear.
Does the company have enough financial resources to achieve the business owners goals? This information is not provided, so it is unclear.
Are sales increasing or decreasing? This information is not provided, so it is unclear.
What is the production capacity of the business? This information is not provided, so it is unclear.
Can it be increased or decreased to match demand? This information is not provided, so it is unclear.
Are there technology/equipment requirements? If so, what are they? This information is not provided, so it is unclear.
What products have been successful and why? This information is not provided, so it is unclear.
What is the pricing strategy? How do prices compare to the competition? This information is not provided, so it is unclear.
Where do customers buy this product? This information is not provided, so it is unclear.
What are the promotional strategies and have they been successful? This information is not provided, so it is unclear.
What is the company’s reputation and image among consumers? This information is not provided, so it is unclear.
Who is the target market? (consider demographic information such as age, gender, where they live, income, and so on.) The target market may be individuals or households who enjoy lobster but find it difficult to purchase or prepare it themselves. They may have higher incomes and live in urban areas.
Is the customer base increasing or decreasing? This information is not provided, so it is unclear.
What advantages does the business have over its competitors? This information is not provided, so it is unclear.
Where does the company purchase their inventory from? This information is not provided, so it is unclear.
Who are the competitors? This information is not provided, so it is unclear.
Are there any political, economic, or sociocultural factors that could
Which Upon Expirations best fits the following description? Select this Upon Expiration when the specific rent and parameters of the next term are known. AE will entirely ignore the Market Leasing profile, and will insert a new speculative lease line into the Rent Roll.
A. Option
B. Renew
C. Vacate
D. Contract Renewal
When the specific rent and parameters of the next term are known as Option AE will entirely ignore the Market Leasing profile, and will insert a new speculative lease line into the Rent Roll.
Option A is correct.
Upon Expiration :"The coming to an end, termination" is the definition of "expiration." The term "expiration" also refers to the conclusion; However, the dictionaries go on to say that it is especially used to mean the end of a legal, contractual, or other agreement.
"Upon termination or expiration of this Lease, Tenant shall clean up, detoxify, repair, and otherwise restore the Premises to a condition free of Hazardous Materials, to the extent such condition is caused by Tenant or any assignee or subtenant of Tenant or their respective agents, contractors, employees, licensees, or invitees,"
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The Pennsylvania legislature enacts a state law that violates the U.S. Constitution. This law can be enforced by O no one. the federal government only. o the state of Pennsylvania only. o the United States Supreme Court only.
Fair treatment under the Fourteenth Amendment can be separated into two classifications: procedural fair treatment and considerable fair treatment.
The Equivalent Assurance Provision. The High Court's methodology during the period from the 1950s through the 1970s in concluding cases on established grounds is portrayed as legal activism.
Congress can designate authority explicitly and with point-by-point rules. All congress can't designate its established power and obligations.
Besides periodic public dissatisfaction, there is no punishment for disregarding the Constitution by and large or the Principal Alteration specifically.
Fair treatment is intended to guarantee reasonableness in the law enforcement framework. Without fair treatment, people could be confined and denied their opportunities and existence without worthwhile motivation. In the event that a criminal respondent is denied their social liberties, they can challenge the state on those grounds.
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which of the Torrowing is the best example or a public good? a education b cell phone c street lighting d pizza
street lighting is the best example or a public good. This is due to the fact that one person's consumption does not prevent further consumption by other persons.
What do you mean by the public good?A public good in economics is a good or service that is provided to all people in a society. Governments typically oversee and collect taxes to pay for these services. Law enforcement, national defence, and the rule of law are some examples of public goods. A good that is both non-excludable and non-rivalrous is referred to as a public good in economics. Users cannot be denied access to or use of such goods due to their failure to make payment. Additionally, the use of one person does not restrict the access of others or lessen their availability.
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first company enters a new lease and wishes to classify the lease as an operating lease. Which of the following provisions would prevent this classification?- The lessee can purchase the asset at the end of the lease for $1
For instance, the leased asset may be used by someone else after the lease expires because there is no ownership transfer. In other words, an operating lease exists when none of the five criteria used to categorize a lease are true.
What factors determine whether a lease is classified as operating or finance?If ownership of the underlying asset moves to the lessee before the lease period is up, the lease is categorized as a finance lease by the lessee and as a sales-type lease by the lessor. If the lessee is forced to pay a small charge for the formal transfer of ownership, this criteria is also satisfied.
Before accounting for a lease in accordance with IFRS 16, who is responsible for first classifying the type of lease?Lessors must classify the lease before beginning the accounting process, unlike lessees. IFRS 16 defines two different kinds of leases: A finance lease is a lease that essentially transfers all of the risks and rewards associated with owning the underlying asset.
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if elaine has 4 exemptions and makes $520 per week, what will her income tax withholding be according to the following table?
Suppose Elaine earns $520 per week and has four exemptions $2 would be withholding from income tax.
We want to look at the row where Column A = 500 and Column B = 600 since Elaine earns $520 per week. Due to the fact that 520 > 500 but 520 600. Given that she has four exemptions, proceed to the column under "4" in this 500–600 row and look for the number "2," which denotes a weekly deduction of $2. The U.S. government uses tax withholding to preserve its pay-as-you-go income tax structure. Instead than attempting to collect income tax after earnings are paid, this entails taxing people when their income is earned.
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Suppose that a binding price floor is in place in a particular market. If the marke deregulated and the price floor is removed, then which of the following effects cc occur? A) The quantity demanded would decrease and the quantity supplied would incr B) An excess demand would develop. C) There would be a decrease in the quality of the good supplied. D) There would be an increase in the quality of the good sunlied
Option C : There would be a decrease in the quality of the good supplied. Suppose that a binding price floor is in place in a particular market. If the market deregulated and the price floor is removed, then the quality of the good supplied will be decrease .
A price floor is the lowest allowed price that can be paid in a market for goods and services, labour, or financial capital. The most widely known example of a price floor is likely the minimum wage, which would be based on the normative principle that someone who has a full-time job should be able to afford a basic standard of life.
A price floor is a set lower threshold for a commodity's market price. Governments generally establish a price floor to stop a commodity's market price from dropping too low and jeopardising the producers' ability to make a living.
The minimum wage is one of the most typical examples of a price floor.
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Brian works as a financial analyst for Walmart. He feeis that Walmart has a toxic environment because many of the senior exacutives share the valies of people who are only in business to make money, Brian feeis that business should benefit society - not fust making money for shareholders, but also giving money back to the community. When you ask Brian how he determined walmart's culture, he tells you that he listens to the stories that managers tell everyday in the cafeteria. These stories are __ and they are __
Brian's tales are both values and beliefs. Values are long- term, solid persuasions about what's significant to a person. They come marks against which individualities organise their lives and make opinions.
Values and beliefs are two crucial sundries that guide our conduct and stations. Although values and beliefs are linked because they impact our stations, comprehensions, personality, character, and conduct, there's a distinction between them. The primary distinction between values and beliefs is that values are principles, ideals, or behavioral morals, whereas beliefs are persuasions that we generally regard to be true. These deeply bedded ideas shape our values, stations, and conduct. Each person may have colorful values. Values can arise as a result of a blend of one's parenting, gests , and an arising sense of tone. For illustration, a person may feel that payoff is wrong or that drinking alcohol is wrong. still, not every faith will agree with these views.
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which of the following statements about reorder point ordering is/are true? multiple select question. safety stock is required if lead time is variable. it is not needed with eoq models. it is necessary for single period models. safety stock is required if demand is variable.
If safety stock is necessary and the lead time is variable, the following claims regarding reorder point ordering are accurate.
What is safety stock?Running out of stock is made easier by having safety stock. If you have enough safety stock on hand, you won't need to rely on your suppliers' prompt deliveries or turn away clients because of low stock levels. Up until your next shipment of ordered stock arrives, you are covered by safety stock. Let's examine the value of safety stock for your company. The phrase "safety stock" is used by logisticians to refer to a quantity of excess stock that is kept on hand to reduce the risk of stockouts brought on by supply and demand uncertainty. A sufficient safety stock level enables business activities to operate as planned. A safety stock is a surplus of a product that is kept in the warehouse to avoid running out of stock.To learn more about safety stock refer to:
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Francine sells her handmade purses directly to customers at craft fairs and on her website. This is a form of ______.
direct distribution
Francine offers her handcrafted handbags directly to clients at craft fairs and on her website. This is a type of direct selling.
Direct selling is an approach to business in which a party buys products from a parent company and sells them directly to customers." Direct selling is a wide term that refers to a variety of business models centered on person-to-person selling outside of a retail establishment, such as social media sites or the salesperson's or prospective customer's home." Direct selling is the practice of selling things to customers directly rather than via a retailer. Instead, sales take place at home, work, online, or in other non-store settings. Direct selling removes various product distribution middlemen, such as the regional distribution center and wholesaler. Instead, items are transferred from the producer to a direct sales organization, then to a distributor or representative, and lastly to the customer.
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according to the u.s. federal research misconduct policy, falsification involves: taking credit for the ideas or statements of others. manipulating research materials, equipment, or processes, or changing or omitting data. failing to report a conflict of interest. knowingly reporting unsubstantiated allegations of research misconduct to the federal government. question 4 which of the following is true regarding research misconduct? the u.s. government is required to reveal publicly the identity of any person who commits misconduct. a central federal agency handles all cases of research misconduct. federal funding agencies typically rely on an institution to make the initial response to an allegation of research misconduct. funding agencies normally perform their own misconduct inquiry before the institution becomes involved.
Federal funding agencies typically rely on an institution to make the initial response to an allegation of research misconduct.
Public financing is money obtained from the government, usually via taxes, and utilized to benefit the general public through products and services. The money are collected and disbursed at several levels, including the federal, state, and municipal governments. While taxes are the most common source of revenue, penalties and fees can also be used. Health initiatives, community services, restoration projects, public service programs, and even environmental activities are aided by public money. These programs assist the people in the community where the money are spent. As a result, Chase discovers that when citizens pay taxes, the government utilizes that money to support and develop communities through programs and services.
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For 2022, the annual earnings for Blue Star Racing Equipment were $3,600,000.
The corporation has 3,584,600 shares of common stock outstanding and pays an annual dividend of $0.81 per share. The closing price for a share of common
stock was $36 last night. Calculate the following. (Round all answers to two decimal places if necessary.)
1. Current yield:
2. Earnings per share:
3. Price-earnings (PE) ratio:
There are currently 1,315,400 shares of the company's common stock outstanding, and each share receives a $0.92 yearly dividend. the common share's closing price
What are stock vs. shares?A share is a type of financial instrument that symbolizes a company's partial ownership. A stock is a type of financial instrument that denotes a stake in one or more companies. Two separate shares of the same corporation may have the same value.
What Do Stocks Mean?A security that denotes ownership of a portion of the issuing company is referred to as a stock, sometimes known as equity.
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The Bay City Planning Department, the Coastal County Zoning Commission, the California Environmental Quality Agency, and the U.S. Bureau of Land Management issue regulations. These rules constitute
Question 2 options:
a) administrative law.
b) case law.
c) constitutional law.
d) statutory law.
Administrative law refers to the body of law that governs the actions and decision-making of administrative agencies, such as the Bay City Planning Department, the Coastal County Zoning Commission, the California Environmental Quality Agency, and the U.S. Bureau of Land Management. Option A is the right response in this case.
These agencies have the authority to create and enforce regulations, which are considered a form of administrative law. The regulations created by these agencies are intended to implement and interpret laws passed by the legislative branch of government.
Administrative law can also include the rules, procedures, and decisions made by administrative tribunals or other bodies established to hear and decide disputes arising from the application of regulations.
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Indonesian logging companies harvest rainforests for wood and assume that a market exists for their products. Which type of orientation does the Indonesian logging company have? a. exchange b. environmental c. production d. sales
Indonesian logging companies harvest rainforests for wood and assume that a market exists for their products. Exchange type of orientation does the Indonesian logging company have.
Option A is correct.
What kind of orientation does the logging company in Indonesia have?The Indonesian logging businesses are focused on production. The creation of wealth and the provision of a market for goods and services are the primary goals of this orientation. Production orientation indicates that the company is willing to take risks in order to remain competitive and is focused on producing the highest quality product for the market.This could mean expanding operations or finding new raw material sources to boost production. In order to guarantee that the business is able to produce the product of the highest possible quality, production orientation necessitates a significant amount of capital investment as well as research and development. The production of wood products for international sale is the primary focus of the Indonesian logging companies.The businesses make significant investments in research and development to guarantee that they are producing wood products of the highest possible quality in order to remain competitive. In addition, they place a strong emphasis on locating new sources of raw materials in order to guarantee that they will be able to satisfy the demand for their goods. The Indonesian logging companies are able to maintain their level of competitiveness on the global market and generate wealth for their business in this manner.Learn more about orientation:
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What are the three questions to answer when faced with a potentially unethical action such as deciding to download or upload a video that is copyright protected? How can we tell if our business decisions are ethical?
Answer:
1. Is this action legal?
2. Is this action fair to all stakeholders, including those affected by the action?
3. Does this action adhere to accepted moral and ethical principles?
To determine if business decisions are ethical, one should evaluate them against the company's ethical code and policies, relevant laws, and standards of professional conduct. Additionally, one can assess the potential consequences of the decision in the short and long term, as well as consider the potential impact on stakeholders such as employees, customers, and the community.
Explanation:
Using the SELECT statement, query the invoice table to find the total cost for all orders placed in the country USA.
a.)1823
b.)528
c.)2351
d.)19103
In order to get the total cost of all orders placed between 2009-01-01 and 2010-01-01, the SELECT query uses the invoice table is as follows:
SIGNIFY AVG
in the invoice
WHERE invoice date IS IN THE PERIOD FROM 2010-01-01 TO 2011-01-01;
What is a SELECT statement?The command that is used in SQL to obtain zero or more rows from various database tables or database views is referred to as this.A database table's records are retrieved using a SQL SELECT statement in accordance with criteria specified by clauses (such FROM and WHERE). The syntax is as follows: SELECT column1, column2 FROM table1, table2 AND column2='value';Since the invoice table is queried to get the total cost of all orders placed between 2009-01-01 and 2010-01-01, we can see that the SELECT statement is given above.To Learn more About SELECT query Refer To:
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TRUE/FALSE. despite its representation that it would update shareholders about fundamental changes to the information previously disclosed, bank of america kept shareholders in the dark as they were called upon to vote on the proposed merger at the end of a quarter of nearly unprecedented volatility and uncertainty. the absence of any disclosure concerning merrill's extraordinary losses deprived shareholders of up-to-date information that was essential to their ability to evaluate whether to approve the merger upon the terms presented to them, which had principally been negotiated before merrill sustained these losses. bank of america's failure to make any disclosure concerning merrill's october and november losses violated bank of america's express undertaking to apprise investors of fundamental changes and rendered its prior disclosures materially false and misleading in violation of the federal securities laws.
The given statement about allegations to the bank of America to its Merrill stakeholders is TRUE.
Bank of America's American investment management and wealth management subsidiary is called Merrill, formerly known as Merrill Lynch. Both businesses participate in prime brokerage and broker-dealer activities with BofA Securities, the investment banking division. The company's New York City headquarters previously took up the whole 34 storeys of 250 Vesey Street, a building that is a part of the Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial professionals and manages $2.3 trillion in client assets. The business also runs Merrill Edge, a branch that offers investing services as well as complementary ones like call center consulting. The business was publicly held and traded on the New York Stock Exchange before 2009.
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The manager of the Personnel Department at Binder City has been reading about time-driven ABC and wants to apply it to that department. The manager has identified four basic activities Personnel Department employees spend most of their time on: Interviewing, Hiring, Evaluation, and Exit. The department employs seven staff members who perform these activities. The manager provides the following estimates for the amount of time it takes to complete each of these activities:
- Interviewing: 40 minutes. - Hiring: 45 minutes. - Evaluation: 85 minutes. - Exit: 105 minutes. Employees in Personnel work 37.5-hour weeks with four weeks for vacation. Of the 37.5 hours, 5 are reserved for administrative tasks, training, and so on. The costs of the Personnel Department, including any allocated costs from other staff functions, are $1,244,880. During the year, Personnel conducted 1,100 interviews, made 640 hires, made 5,400 evaluations, and had 400 separations. Note: Assume 52 weeks in a year
Required: a. what is the cost per minute for activities in personnel? Note: round your answer to 2 decimal places. b. what is the cost of interviewing and hiring one employee? Note: round your intermediate calculations and final answer to 2 decimal places. c. how many minutes of unused capacity did personnel have for the year? d. what was the cost of the unused capacity in personnel?
Note: round your intermediate calculations to 2 decimal places and round your final answer to the nearest whole dollar.
The cost per minute for activities in personnel department is $11.40/minute, the cost of interviewing and hiring one employee is $498, the personnel department has a negative unused capacity of -647,400 minutes and the cost of the unused capacity in personnel is -$7,346,160.
a. To find the cost per minute for activities in the personnel department, we need to divide the total cost of the department by the total number of minutes worked in a year.
First, we need to calculate the total minutes worked in a year:
37.5 hours/week x 52 weeks/year = 1,950 hours/year
1,950 hours/year x 60 minutes/hour = 117,000 minutes/year
Next, we'll subtract the minutes reserved for administrative tasks, training, etc. from the total minutes worked in a year:
117,000 minutes/year - 5 hours/week x 60 minutes/hour x 52 weeks/year = 109,400 minutes/year
Now we can divide the total cost of the department by the total number of minutes worked in a year:
$1,244,880 / 109,400 minutes/year = $11.40/minute
b. To find the cost of interviewing and hiring one employee, we need to multiply the time spent on each activity by the cost per minute and add them together:
40 minutes x $11.40/minute + 45 minutes x $11.40/minute = $498
c. To find the number of minutes of unused capacity in the personnel department, we need to subtract the total minutes spent on activities from the total minutes available in a year.
First, we'll calculate the total minutes spent on activities:
1,100 interviews x 40 minutes/interview + 640 hires x 45 minutes/hire + 5,400 evaluations x 85 minutes/evaluation + 400 separations x 105 minutes/separation = 756,800 minutes
Next, we'll subtract the total minutes spent on activities from the total minutes available in a year:
109,400 minutes - 756,800 minutes = -647,400 minutes
The personnel department has a negative unused capacity of -647,400 minutes, which means that they were overworked by 647,400 minutes.
d. To find the cost of the unused capacity in personnel, we need to multiply the unused minutes by the cost per minute:
-647,400 minutes x $11.40/minute = -$7,346,160
The cost of the unused capacity in personnel is -$7,346,160, which means that the department has overspent by $7,346,160.
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suppose an individual is looking to build a house in a plain that is prone to flooding. because of the risk of damage due to flooding, the buyer's top dollar for building the house is only $300,000. suppose the cost of building a house in this area is $310,000. a wealth-creating transaction is not possible since the seller's bottom line (or the cost of building the house) isless than the buyer's top dollar. the difference between the cost of building the house minus the buyer's top dollar is $10,000.00 .
The seller can still benefit from the transaction by offering a discounted price for the land or house. For example, a seller could offer a $10,000 discount on the price of the house or a discounted price for the lot on which the house will be built.
This would allow the buyer to build a $300,000 home and the seller could make a profit on the land or home. In addition, the seller could offer other incentives to the buyer, such as a year of free home insurance or a reduced interest rate on a home loan. By offering these incentives, the seller could still benefit from the transaction even if the buyer's top dollar is less than the cost of building the home.
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fill in the blank. ___ arises when an existing or a new branded product is perceived as different from and is better than other branded brands from the same product category that are being marketed by competitors.
When an existing or a new product is perceived as different from and is better than other branded brands from the same product category that are being marketed by competitors it is known as differentiation.
Differentiation is the process of distinguishing one's product or service from that of rivals. This marketing approach is widely used by businesses to guarantee that their goods do not overlap with those of a rival, resulting in a drop in client loyalty and sales. You may differentiate your goods or services in a variety of ways. You may sell them at a lower price than rivals, give more value than they do, or develop new markets for previously unsold items. You might even reorganise the way your goods or services are displayed, such as using a different colour scheme for packaging or displaying them on store shelves in alphabetical order rather than by kind. In the marketing world, there are several methods to stand out. One approach is to look for untapped markets.
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Sadia wants to practice price discrimination in her bakery. Which of the following techniques should Sadia use? Select all that apply. discounts for people who buy a large volume of bread. charging all consumers the same price for freshly baked goods. higher prices for people who buy on the day bread is baked and lower prices for people who place advance orders. creating an annual fee for customers who want to shop at a discount in her store.
In this case, the nurse manager would be displaying good leadership by making sure that the programme is applied consistently and uniformly throughout the whole facility.
Numerous medical conditions, including cancer, Crohn's disease, ulcerative colitis, congenital abnormalities, or trauma, can necessitate the use of an ostomy. A surgically made incision in the abdominal wall known as an ostomy enables the body to expel faeces or pee, typically into a bag. An ostomy established through the large intestine, such as a colostomy, enables excrement to be collected in a bag. When an ostomy is created through the small intestine, liquid faeces can be collected in a bag. A urinary ostomy, or urostomy, permits urine to be collected in a bag and is created through the urinary system. A person may be able to create an ostomy by doing so.
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analysis that is limited to making either purely descriptive statements or scientific predictions is
Analysis that is limited to making either purely descriptive statements or scientific predictions is Positive economic Analysis.
What is Positive economic Analysis?
Positive economics is the study of economics through an objective analytical lens. Most economists base their future projections on what has already happened and what is happening in a particular economy. This investigation procedure is economically advantageous. On the other hand, normative economic research uses value judgements to underpin future forecasts.
Positive economics is an objective branch of economics that bases its conclusions on reality or current events.Positive economics analyses can be used to develop conclusions that can be tested and supported by evidence.Positive economic theory doesn't offer suggestions or directions.Value judgements or expectations for the future are examples of statements based on normative economics.When creating policy, positive and normative economics can collaborate.To learn more about Positive economic Analysis
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