This is an example of the law of supply and demand. Hence option B and D are correct.
What is the supply and demand?The company's decision to underprice its competitors is an attempt to increase the quantity demanded for their new hybrid vehicle. By offering a lower price, they hope to attract more customers and increase their market share.
Therefore, This action will result in an increase in the quantity supplied, as the company aims to meet the increased demand. The increase in supply and demand will lead to a shift in the market equilibrium towards a new balance, with a lower market price.
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In 1995, facing severe fiscal difficulties, Yeltsin's government adopted a program under which the state would borrow money from the oligarchs in exchange for select state assets (including state-owned shares in oil companies). The catch was: if the state couldn't pay the load on time, the oligarchs would be entitled to buy the properties outright. This deal that many economists call "rigged" became known as...
The deal done by the Russian President that many economists call "rigged" became known as loan for shares.
Russian President Boris Yeltsin initiated an aggressive privatization drive in the early and mid-1990s. Firms were sold at a rate of roughly 800 per month in what was the greatest sell-off of state-owned property in history, and by the time it was over, 77 percent of Russia's major and mid-size enterprises and 82 percent of the small ones were private. The 15,000 privatized enterprises produced two-thirds of all industrial production and employed 60% of all industrial workers. The privatized 85,000 shops, restaurants, small businesses, and service companies accounted for 70% of the national total. The privatization program was fundamental to economic restructuring and was a significant factor in foreign loans and investment in Russia's economy. The privatization of Russian industry appeared to proceed reasonably well on the surface, but the reality was quite different.
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which of the following areas of the law are of special concern to international businesses? (check all that apply.)
The following areas of the law are of critical concern to international businesses
performance of contracts in an international settinglitigation in an international settingextraterritorialityWhat is international litigation?International litigation, also known as cross-border litigation, is the process of resolving a dispute between businesses or people who are located in different countries. International trade is the movement of goods, services, capital, technology, and/or information across national boundaries and on a global or transnational scale. cross-border trade in goods and services between two or more nations.
Judgment is nothing more than the management of cases before international tribunals, such as the Inter-American Court of Human Rights, the European Union Court of Justice, and the International Court of Justice.
The defendants must approve of the action, and both parties must agree to abide by the verdict.
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Complete question:
Which of the following areas of the law are of special concern to international businesses? (Check all that apply.)
performance of contracts in an international setting
litigation in an international setting
immunity from prosecution of visiting foreign heads of state
extraterritoriality
_____ considerations affecting the wholesaler choice include how often a product is purchased and how long a customer is willing to wait to receive the product.
A) market
B) transactional
C) product
D) buyer
E) logistic
Logistic considerations affecting the wholesaler choice include how often a product is purchased and how long a customer is willing to wait to receive the product.
Option E is correct.
What is a customer ?A person or organization that purchases goods or services from a company is a customer. Customers are crucial to the success of any business because they bring in the money needed to run it. From individual consumers to large corporations, customers come in all sizes.
Businesses must comprehend their customers and devise strategies to meet their requirements in order to ensure customer satisfaction and a positive customer experience. By providing excellent customer service and cultivating a culture that is focused on the needs of customers, businesses should also strive to develop relationships with their clients. In today's business environment, long-term loyalty and trust are essential. This will assist in building those relationships.
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using the cost approach formula, find a property's value using the following information:the subject property is 20 years old and has 30 remaining years of economic life.the cost of reproduction of the subject property is $375,000.the subject property's land value is $140,625.
Using the cost approach, the estimated value of the subject property is $265,625.
Property value = $375,000 - ($375,000 x 66.67%) - 0 + $140,625 = $375,000 - $250,000 + $140,625 = $265,625
So using the cost approach, the estimated value of the subject property is $265,625.
Physical deterioration refers to the reduction in value due to wear and tear or damage over time. It is typically estimated as a percentage of the cost to reproduce the property. Since the subject property is 20 years old and has 30 remaining years of economic life, we can estimate the physical deterioration as 20/30 = 2/3 or 66.67%.
Using the cost approach formula, we can estimate a property's value by determining the current cost to reproduce the property, less any physical deterioration or functional obsolescence.
The formula for the cost approach is:
Property value = Cost of reproduction or replacement - Physical deterioration - Functional obsolescence + Land value.
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The following table shows the nominal GDP (in millions of current US dollars) and the population (in thousands of the US, China, and Luxembourg in 2015 (source: The World Bank). Based on this information which of the following statements is correct? US: $18,036,648.00 (GDP); 321,418.82 (Population) China: $11,007,720.59 (GDP); 1,371,220.00 (Population) Luxembourg: $57,793.61 (GDP); 569.68 (Population)a) China had the highest GDP per capita of the three countries. b) China's GDP per capita was $8,027,684. c) The US had the highest GDP per capita of the three countries. d) Luxembourg's GDP per capita was more than 10 times that of China's.
d) Based on this information which of the following statements is correct Luxembourg's GDP per capita was more than 10 times that of China's.
The Gross Domestic Product (GDP) measured at the current market prices is referred to as the nominal GDP. The value of all commodities and services produced in a specific time period less the value of those created throughout the production process is the nominal GDP, to put it simply. GDP measures the monetary worth of all the goods and services a nation produces. One way to gauge the health of the economy is through nominal GDP. It varies from real GDP in that the latter does not take inflation-related price fluctuations into account.
Resources are distributed according to a number of interconnected processes that make up the economy. Production, distribution, and consumption of commodities and services are just a few of these processes. The people who live in the economy need these products and services.
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Sole proprietors are permitted tax deductions for health costs paid from their earnings in the amount of
a. costs that exceed 7 1/2 % of AGI
b. costs that exceed 10% of AGI
c. 100% of costs
d. no deduction permitted
Tax deductions for health expenses paid from earnings are allowed for sole propreitors up to: c. 100% of expenditures. A taxpayer must decide between the standard deduction and additional deductions when calculating their taxable income.
A taxpayer is any individual or organisation that owes taxes to the federal, state, or local governments. Governments mostly obtain their funding from taxes on both citizens and companies. The word "taxpayer" first appeared at a time when cheap buildings were built in crowded places so that landowners could recuperate their property taxes.
Regardless of whether the taxpayers are firms or sole propreitors, the money is referred to as taxpayers' money. Public funds are all quantities of money that the government invests or spends to meet current or future demands. The total gross income of a person is reduced by a variety of defined deductions, such as payments to retirement accounts, student loan interest, and health savings accounts, to arrive at their adjusted gross income. Taxes are calculated using a person's adjusted gross income, not just their gross income.
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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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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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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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6. The risk-free rate of return is 3.68 percent and the market risk premium is 7.84 percent. What is the expected rate of return on a stock with a beta of 1.32?
The expected rate of return on a stock with a beta of 1.32 can be found to be 14. 03 %
How to find the expected return ?When given the market risk premium, the risk - free rate, and the beta of the tock, you can find the exepected value of the stock by using the Capital Asset Pricing Model ( CAPM).
The formula for the Capital Asset Pricing Model is:
= Risk - free rate + Beta x Market risk premium
= 3. 68 % + ( 1.32 x 7. 84)
= 3. 68 % + 10. 35
= 14. 03 %
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true or false : The percent of each age group of an accounts receivable aging that is expected to become uncollectible is determined by generally accepted accounting principles.
False: According to generally accepted accounting principles, a certain percentage of each age group of accounts receivables is predicted to become uncollectible.
What is the uncollectible method not allowed by GAAP?The immediate write-off approach is not permitted by GAAP. By failing to correctly record bad debt expense in the same period as the associated sale, it violates the matching principle. The direct write-off approach may be used by nonpublic businesses that are tiny and have few receivables for the sake of simplicity.Only the allowance technique is an acceptable approach for estimating uncollectible accounts receivable under U.S. GAAP. When a corporation uses the allowance method, which adheres to the matching principle, it records bad debt expense when it believes there is a significant possibility the receivable won't be recovered.The receivable balance in each of the ageing categories is multiplied by a reserve rate to determine the allowance for uncollectible accounts (see table below).To learn more about accounting refer to:
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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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Which of the following orientations looks at financial profits, the community in which the organization operates, and creating sustainable business practices?
Triple-bottom-line orientation looks at financial profits, the community in which the organization operates, and creating sustainable business practices.
According to the triple bottom line (TBL) economic theory, businesses should pledge to give social and environmental issues the same amount of attention as earnings. According to TBL theory, there should be three bottom lines: profit, people, and the environment.
The triple bottom line hypothesis broadens the definition of business success indicators to take into account contributions to social, economic, and environmental well-being. People, planet, and prosperity are sometimes referred to as the three "P's" in terms of the bottom line.
Sort the bottom line of the company into three groups: social, environmental, and economic. Describe the advantages and disadvantages of each category. Use conventional accounting techniques to determine net income to reflect the first of the three bottom lines.
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The correct question is:
A business orientation that looks at financial profits, the community in which the organization operates, and creating sustainable business practices. (the financial bottom line, the social bottom line, the environmental bottom line)
In 2003, the price of a certain automobile was approximately $30,300 with a depreciation of $2,040 per year. After how many years will the car's value be $7,860?
A) Write an equation to model the problem. Let t represent the number of years after 2003. For example, the year 2005 would be represented by t=2
.
B) Solve the equation to find the answer to the question above.
Let X be the price of the automobile at time‘t’
The value of the car that depreciates every year is $2,040
The price of automobiles in 2003 is $30,300.
According to the given information, the equation to the problem is:
It is given that the price of the car after t years is $7860.
So, the equation is reduced to:
Solving the above equation to get:
Hence, in 11 years the car value becomes $7860.
Information is stimuli that have meaning in a few contexts for its receiver. when facts are entered into and saved on a laptop, it's far normally called information. After processing which includes formatting and printing output facts can again be perceived as facts.
In the extensive sense, facts control is a mechanism wherein the manipulated actions are of implicit, indirect nature and the records that are given to the controlled item has the form of an informative picture, that's used by the item to exercise session an allegedly independent line of behavior.
It impacts how other sources are used and the general success of the business. most of the paintings finished in places of work include the processing of data. information begins as simple facts or uncooked facts made of numbers, symbols, and letters.
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what does working capital management encompasses? what functional are involved and what underlying principle or trade-off influences the decision process?
Answer: Working capital management involves monitoring of cash flow, current assets, and current liabilities.
It's main function is to ensure that business's day-to-day operational expenses are met with positive/maintained cashflow statements.
Influences that has an effect in decision making in Working Capital Management -
Type of Business- Businesses having higher operations or their main core business is their operating activities like Food Delivery Companies, Online Cab Booking companies. Their CASH BURNING ratio is higher.
Production Technique- If they are sourcing raw material from anywhere and rest whole process of production are done by them than their operational cost will be higher. Example- A Ready made Cloth manufacturing company that only sources cotton, silk or any other material from farmer and rest all processes like spinning, weaving, dying etc are done by them than their Working Capital Management should be strong to avoid both wastage of Resources and Money.
Economical changes- Periods of BOOM & DEPRESSION effects decision making a lot. As Organisations have to preserve or burn the working capital as per ma
Explanation:
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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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
if a business wants to buy a disablity income policy on a key employee, which of the following is considered the beneficiary
Employees are only qualified for disability payments if they have a physical or mental condition that has been medically diagnosed and is projected to last at least 12 months or causes early death.
Key-person disability insurance tries to make up for costs and losses suffered by the company while a key employee is unable to work. The significant person loses everything. These costs are frequently associated with recruiting, hiring, and training a replacement for the important person who is hurt.
Employees are only qualified for disability payments if they have a physical or mental condition that has been medically diagnosed and is projected to last at least 12 months or causes early death. Consequently, they are unable to engage in any kind .
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one of the most dramatic changes in connectivity and communications in the past few years has been blank.
The past few years have seen one of the most significant developments in connection and communications. use of mobile devices with wireless internet connectivity is widespread.
A Wi-Fi network is just a wireless router in a home or business that distributes an internet connection to several devices. Your internet modem is immediately connected to your router, which serves as a hub to distribute the internet signal to all of your Wi-Fi capable devices. This allows you the freedom to continue using the internet as long as you're in your network's service region.
Mobile and dedicated hotspots are gaining popularity as a secure mobile connection option. Your smartphone and a jetpack are two popular hotspot devices. A excellent choice if you periodically need one is today's nearly all smartphones and tablets, which may be utilized as a temporary hotspot. Although it's simple to use and doesn't call for the purchase of additional equipment, it has a nasty habit of quickly draining your data and battery. A jetpack, on the other hand, functions as a specialized mobile hotspot and, like a smartphone, can receive a signal from nearby cell towers. It gives a wider Wi-Fi range and can connect to more devices.
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Which of the following is/are EXTERNAL environmental factors that affect(s) performance-based pay?
(a) Business strategy. (b) Company culture.(c) The legal environment. (d) The firm’s financial resources. (e) All of the preceding.
c) The legal environment. The EXTERNAL environmental elements that have an impact on performance-based compensation are the legal environment.
The laws enacted by the government and the judgements made by the numerous commissions and agencies at all levels of the government make up the legal environment. Every firm must act in accordance with local laws if it wants to do business there. The legal environment is composed of a number of legislation, such as the Companies Act of 2013, the Consumer Protection Act of 1986, the Foreign Trade Policies, and others. The legal environment consists of a variety of laws established by the government, administrative rules handed down by the government, court rulings, as well as decisions made by numerous commissions and agencies at every level of the federal, state, and municipal governments.
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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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A property of matter known as diamagnetism occurs when the electronic structure of matter undergoes an alignment of its dipole moments such that they are opposite to an external magnetic field. Which of the following best describes what materials exhibit diamagnetism?
All materials. A property of matter known as diamagnetism occurs when the electronic structure of matter undergoes an alignment of its dipole moments such that they are opposite to an external.
Diamagnetic materials are those that magnetize freely when put in a magnetic field. However, the magnetization is oriented in the opposite direction as the magnetic field. All materials. A property of matter known as diamagnetism occurs when the electronic structure of matter undergoes an alignment of its dipole moments such that they are opposite to an external magnetic field. These materials' magnetism is referred to as diamagnetism. Diamagnetic compounds are made up of atoms with no net magnetic moments (i.e., all the orbital shells are filled and there are no unpaired electrons). When exposed to a field, however, a negative magnetization is formed, and hence the susceptibility is negative.
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Which of the following changes in the supply of and the demand for a good will definitely result in a decrease in both the equilibrium price and quantity of the good? Supply Demand (A) Increase Increase (B) Increase No change (C) No change Decrease (D) Decrease Increase (E) Decrease Decrease
The equilibrium price will drop with a drop in demand and supply will increase less than demand. The equilibrium price will decrease with an increase in supply while the quantity required will rise, all other factors being equal.
What is Shifts in Demand and Supply?Any demand and supply model will experience a change in demand or supply if one of the variables (shifters) that is constant changes. The equilibrium price and quantity for an item or service are altered by a shift in the supply or demand curve.The information regarding shifts in coffee supply and demand is included in the section under "Changes in Demand and Supply." Increase in Demand A reduction in demand is shown in Figure 3.3. Figure 3.09, "An Increase in Supply," "A Reduction in Supply." The initial equilibrium price in each scenario is $6 per pound, with the initial equilibrium quantity in each scenario being 25 million pounds of coffee each month.The film "Changes in Demand and Supply" depicts what occurs as demand rises, falls, supply rises, and supply falls. After that, we investigate what transpires when both curves move at the same time. Below, we discuss each of these options individually.To Learn more About demand and supply refer TO:
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The marginal cost is the (total, incremental increase in) cost associated with an increase in the activity. Claire is deciding whether to continue studying for an upcoming exam in her economics course. She has already studied quite a bit and knows the stuff pretty well. She already knows to "think at the margin" and thus is considering whether to spend one additional hour studying Part 3: Which of the following captures the marginal benefit associated with Claire's decision to continue studying: (1) her score on the upcoming exam, or (ii) the amount by which her score will increase if she studies for one additional hour? Part 4: Which of the following captures the marginal cost associated with Claire's decision to continue studying : (i) the opportunity cost of the total amount of time she spends studying for the upcoming exam, or (ii) the opportunity cost of the additional hour of studying? transcriptor transcript mel new.docx final upload unoffi....pdf final application fo....pdf
The amount by which Claire's score will rise if she studies for one more hour best depicts the marginal advantage associated with her decision to keep studying.
Which of the aforementioned claims regarding marginal analysis is accurate?Comparing the effects of taking one more step in something is called marginal analysis. The change brought on by an extra unit of a variable is examined using the marginal analysis. For instance, the benefit gained from consuming one more unit of a good is referred to as marginal utility.
How do marginal benefit and marginal cost compare at this level of the variable?Within manufacturing and production, investment, and consumption, marginal benefit and marginal cost are related in a number of significant ways. The final unit that is created or consumed has a marginal cost (MC), which is its price, whereas the last unit's marginal benefit is its utility.
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match the five stages that a prospective buyer goes through, known as the hierarchy of effects, to their definitions.
The five stages that a prospective buyer goes through, known as the hierarchy of effects, to their definitions is Awareness with the consumer's ability to recognize and remember the product of brand name.
The other matchings which a prospective buyer goes through would be Interest, evaluation, trial and adoption. The interest is related to the increase in the consumer's desire to learn about some of the features of the product or brand. It means that they find the quality of the product more essential than its price and thus they wish to buy products which they perceive to be of higher quality. In the Evaluation process, the consumer's appraisal of the product or brand on essential attributes carries greater importance. Trial is the stage in which the consumer's first purchase and use of the product or brand are counted. Adoption is linked with the favorable experience of the first use and the consumer's repeated purchase.
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1. assume that the company uses absorption costing. compute the unit product cost for one gamelan. (round your intermediate calculations and final answer to the nearest whole dollar amount.)
the unit product cost for one gamelan $826.82 and $745.
Why do fixed costs exist?900 000 dollars in fixed manufacturing overhead
Absorption differs from variable costing in that the latter includes the fixed expenses of manufacturing in its product costs.
Giving the following information:
Units produced 11,000
Variable costs per unit:
Direct materials $ 250
Direct labor $ 440
1) Absorption costing:
Unitary fixed manufacturing overhead= 900,000/11,000= $81.82
Unit product cost= 250 + 440 + (55+81.82)= $826.82
2) Variable costing:
Unit product cost= 250 + 440 + 55= $745
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Marketers have embraced societal responsibility through ________, which seeks to meet today's economic, environmental, and social needs without compromising the opportunity for future generations to meet theirs.
Marketers have embraced societal responsibility through Sustainable Marketing which seeks to meet today's economic, environmental, and social needs without compromising the opportunity for future generations to meet theirs.
What is Sustainable Marketing ?The act of producing, disseminating, and providing value to clients in a way that preserves or improves both natural (resources provided by nature) and human (resources provided by people) capital is known as "sustainable marketing."
An illustration would be when a company employs innovative packaging or marketing to make their product appear more ecologically friendly than it actually is. For instance, utilizing a lot of the color green and images of nature or wind turbines to give the impression that something is "green."
Consumer-oriented marketing, customer value marketing, inventive marketing, sense-of-mission marketing, and societal marketing are five sustainable marketing concepts that should serve as a guide.
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Brenda is a housekeeper who is supposed to stand in the presence of her employers as a sign of respect. Given this information, it can be said that Brenda is required to show __________.Group of answer choicesa) deferenceb) transference c) aggregationd) inflection
Answer:
A.
Explanation:
There are eight critical business processes on which supply chain managers must focus. Which of the following is one of those processes?a. Returns managementb. Sales promotion activitiesc. Distribution intensityd. Public relations activitiese. Environmental assessments
There are eight critical business processes on which supply chain managers must focus and one of them is inventory management.
The other processes are returns management, sales promotion activities, distribution intensity, public relations activities, environmental assessments, procurement and network design.
The answer is that one of the eight critical business processes on which supply chain managers must focus is inventory management.
There are eight critical business processes on which supply chain managers must focus and one of them is inventory management.
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when businesses receive a tax cut on manufacturing a particular good, the supply curve for that good shifts:
The supply curve will move right due to the increase in the supply.
What is supply curve?The relationship between the price of an item or service and the volume supplied over a specific time period is represented graphically by the supply curve. The price will typically be shown on left vertical axis of an example, and the quantity given will be shown oN horizontal axis. The supply curve, which embodies the law of supply, will incline higher from left to right: The amount supplied rises as the cost of a certain good rises (all else being equal). According to the economics principle of supply and demand, the quantity of an item that is available for sale (the supply) and the quantity that consumers want will balance out to create its price (the demand).
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