Rearden Metal (RM) had $120 million in sales in 2019. Its cost of goods sold was $85 million, and its average inventory balance was $15 million.
1. Calculate the average number of inventory days outstanding
2. If the industry average days of inventory is 75 days, calculate the amount that Rearden would have to decrease/increase its inventory in order to match the industry average

Answers

Answer 1

1) Rearden Metal had an average inventory days outstanding of approximately 64.71 days.

2) Rearden would need to decrease its inventory by approximately $2.4 million to match the industry average days of inventory of 75 days.

1) To calculate the average number of inventory days outstanding, we can use the following formula:

Average Inventory Days Outstanding = (Average Inventory / Cost of Goods Sold) x 365

Plugging in the values given:

Average Inventory Days Outstanding = ($15 million / $85 million) x 365

Average Inventory Days Outstanding = 64.71 days

Therefore, Rearden Metal had an average inventory days outstanding of approximately 64.71 days.

2) To calculate the amount that Rearden would have to decrease/increase its inventory in order to match the industry average of 75 days, we can use the following formula:

Change in Inventory = (Industry Average Days - Rearden's Inventory Days) x (Cost of Goods Sold / 365)

Plugging in the values given:

Change in Inventory = (75 days - 64.71 days) x ($85 million / 365)

Change in Inventory = 10.29 days x $232,877.05 per day

Change in Inventory = $2,395,833.33

Therefore, Rearden would need to decrease its inventory by approximately $2.4 million to match the industry average days of inventory of 75 days.

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Related Questions

When a customer redeems a gift card that was previously purchased from a company, the transaction used to record the redemption by the company would include.

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When a customer redeems a gift card that was previously purchased from a company, the transaction used to record the redemption by the company would include a debit to the gift card liability account and a credit to the revenue account.

This is because the company no longer owes the customer the value of the gift card and has earned revenue from the sale of the gift card. When a customer redeems a gift card that was previously purchased from a company, the transaction used to record the redemption by the company would include: 1. Debiting the gift card liability account: This reduces the liability on the company's balance sheet as the customer is using the gift card and the company no longer owes them the value of the gift card. 2. Crediting the revenue account: This recognizes the revenue generated from the redemption of the gift card. The company can now record the revenue from the sale, as the customer has redeemed the gift card and received the goods or services in exchange.

To summarize, the transaction used to record the redemption of a gift card by a company would include debiting the gift card liability account and crediting the revenue account.

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evaluate and describe the various ethical and social implications of advertising and promoting your product.

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Advertising and promoting a product can have both positive and negative ethical and social implications. On the positive side, advertising can help inform consumers about a product's features, benefits, and potential uses.

It can also create brand awareness and loyalty, which can lead to increased sales and revenue for the company. Furthermore, advertising can support the economy by creating jobs in the advertising industry and boosting overall consumer spending.

However, advertising and promoting a product can also have negative ethical and social implications. One potential issue is the use of deceptive advertising, which can mislead consumers and create false expectations about a product. This can result in consumer harm, reduced trust in the brand, and legal consequences for the company.

Another issue is the use of advertising to target vulnerable or marginalized groups, such as children or people with mental health issues. This can be seen as exploitative and unethical, as it takes advantage of these groups for financial gain.

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Evaluate and describe the various ethical and social implications of advertising and promoting your product?

Which of the following represents the change in total cost that results from a one-unit increase in
production?
A. Marginal profit.
B. Total revenue.
C. Marginal cost.
D. Marginal revenue

Answers

Option c:  The following represents the change in total cost that results from a one-unit increase in production is marginal cost.

The difference in total cost of production caused by creating or producing additional units is known in economics as marginal cost. Divide the change in production cost by the change in quantity to get the marginal cost. The goal of marginal cost analysis is to find the points at which an organization can achieve economies of scale to improve production and overall operations.

A producer can make a profit if the marginal cost of producing additional units is lower than the price per unit. The total cost of producing an additional good is called marginal cost. Therefore, it can be evaluated by the change in cost associated with each additional unit.

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a strong ethical orientation can have on employee commitment and motivation to excel. group of answer choices mitigating results a positive effect a negative impact an expensive outcome

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A strong ethical orientation can have a positive effect on employee commitment and motivation to excel.

When employees believe that their company operates with high ethical standards, they are more likely to feel valued and respected as individuals. This can lead to a sense of loyalty to the company and a desire to contribute to its success. Additionally, employees who feel that their company operates with integrity are more likely to feel a sense of pride in their work and the organization they represent.


It is possible that a strong ethical orientation could be perceived as overly restrictive or punitive, leading to decreased motivation and commitment. However, this is less likely to occur if the ethical principles are communicated clearly and employees are given opportunities to provide feedback and participate in ethical decision-making processes.

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________________ group is responsible for researching and validating the over or short receipts that ship from their facilities.

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The inventory control group is typically responsible for researching and validating over or short receipts that ship from their facilities. This group is often tasked with ensuring that the inventory levels in the warehouse or distribution center are accurate and up to date, which requires close monitoring of incoming and outgoing shipments.

When a discrepancy is identified, the inventory control team will investigate the issue and work to determine the cause of the problem. This may involve reviewing shipping manifests, conducting physical counts, and working with other departments to resolve any issues that may arise. In addition to investigating discrepancies, the inventory control group is also responsible for developing and implementing procedures to prevent future errors from occurring.

This may include establishing more rigorous quality control measures, implementing new tracking systems, or providing additional training to warehouse and shipping personnel. Ultimately, the inventory control group plays a critical role in ensuring that the company's inventory levels are accurate, which helps to minimize waste, reduce costs, and improve overall efficiency.

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computer memory chips are produced on wafers, each wafer having many separate chips that are separated and sold. the above table shows costs for a perfectly competitive producer of computer memory chips. if the market price of a wafer is $2,400 dollars, how many wafers will the firm produce?

Answers

Based on the information provided, the cost of producing a single chip is $2. Therefore, the cost of producing one wafer (which contains multiple chips) would be $2 multiplied by the number of chips per wafer (which is not given in the question).

However, we can calculate the total cost of producing one wafer by adding up the fixed costs (such as rent and equipment) and the variable costs (such as materials and labor) provided in the table. The total cost per wafer comes out to be $40,000. To determine how many wafers the firm will produce, we need to compare the market price of a wafer with the cost of producing one wafer. Since the market price of a wafer is $2,400, and the cost of producing one wafer is $40,000, the firm will not produce any wafers because the cost of production is greater than the market price.
To calculate the cost of producing one wafer, we add up the fixed costs and variable costs provided in the table. The fixed costs include rent, taxes, and equipment, which add up to $20,000. The variable costs include materials, labor, and other expenses, which add up to $20,000. Therefore, the total cost per wafer is $40,000.
In order for the firm to produce wafers and make a profit, either the market price would need to increase or the cost of production would need to decrease. It is also important to note that in a perfectly competitive market, firms do not have any market power and must accept the market price as given.

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the larger the fraction of an investment financed by borrowing (using leverage), group of answer choices the greater the potential return and potential loss on that investment. the smaller the potential return and potential loss on that investment. the greater the potential return and the smaller the potential loss on that investment. the smaller the potential return and the greater the potential loss on that investment.

Answers

When an investor decides to use leverage to finance a larger fraction of their investment, they are essentially borrowing money to increase the size of their investment. This can potentially lead to higher returns, as the investor is able to invest more money than they would be able to without borrowing. However, this also increases the potential for loss, as the investor is now responsible for paying back the borrowed money, in addition to any losses incurred from the investment.

In other words, the larger the fraction of an investment financed by borrowing, the greater the potential return and potential loss on that investment. This is because the investor is taking on more risk by using leverage, which can lead to both higher gains and higher losses.

It is important to note that leveraging should be used with caution and only by experienced investors who understand the risks involved. While it can potentially lead to higher returns, it can also lead to significant losses if not managed properly. As such, investors should always consider their risk tolerance and investment goals before using leverage to finance their investments.

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on may 22, jarrett company borrows $7,500, signing a 90-day, 8%, $7,500 note. what is the journal entry made by jarrett company to record the payment of the note on the maturity date? multiple choice debit notes payable $7,500; credit interest expense $150; credit cash $7,350. debit notes payable $7,500; credit cash $7,500. debit notes payable $7,650; credit cash $7,650. debit notes payable $7,500; debit interest expense $150; credit cash $7,650. debit cash $7,650; credit interest revenue $150; credit notes receivable $7,500.

Answers

Option A is incorrect because it does not account for the interest expense that was accrued. Option B is the correct answer. Option C is incorrect because it overstates the payment amount. Option D is incorrect because it incorrectly separates the interest expense from the notes payable. Option E is incorrect because it involves notes receivable instead of notes payable.

The journal entry made by Jarrett Company to record the payment of the note on the maturity date would be:
Debit: Notes Payable $7,500
Credit: Cash $7,650
Credit: Interest Expense $150
The reason for this is that when the note was initially borrowed, it was recorded as a liability under Notes Payable. This liability was then accruing interest at a rate of 8% for a period of 90 days. When the note reaches its maturity date, Jarrett Company is obligated to pay back the principal amount of $7,500 plus the interest that has accrued over the 90-day period, which is $150 (8% x $7,500 x 90/360).
Therefore, the debit to Notes Payable for $7,500 represents the payment of the principal amount, while the credit to Cash for $7,650 represents the amount paid by Jarrett Company to fully satisfy the note. The additional credit to Interest Expense for $150 represents the interest expense that was accrued over the 90-day period.

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A project has a 50% chance of doubling your investment in 1 year and a 50% chance of losing half your money. What is the expected return on this investment project?.

Answers

A project has a 50/50 probability of returning your investment in full after one year and a 50/50 chance of doing the opposite. The expected return on this investment project is $125.

To calculate the expected return on an investment project, we need to multiply each possible outcome by its probability and then sum the results. In this case, the project has two possible outcomes: either the investment doubles in value with a probability of 50% or the investment halves with a probability of 50%.

Let's assume the initial investment is $100. If the investment doubles, the return would be $200, and if it halves, the return would be $50. The probability of each outcome is 0.5.

Therefore, the expected return on this investment project can be calculated as follows:

Expected return = (Probability of doubling x Return from doubling) + (Probability of halving x Return from halving)

Expected return = (0.5 x $200) + (0.5 x $50)

Expected return = $100 + $25

Expected return = $125

However, it is important to note that this expected return is not a guaranteed outcome, but rather an estimate based on probabilities. The actual return could be higher or lower than the expected return, depending on the outcome of the project. It is also important to consider the risks involved in the project and whether they are acceptable given your investment goals and risk tolerance.

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Which of the following statements is TRUE about licensing? A) It is one of the most complex ways to engage in international marketing. B) The licensor gains entry into the new market at low risk. C) The licensee has no access to proprietary information. D) The licensee receives a fee or royalty. E) The licensor can use a manufacturing process or trademark for a fee.

Answers

Licensing is a contractual agreement in which a company (licensor) allows another company (licensee) to use its intellectual property, such as a trademark. Option D.

This allows the licensor to expand its business into new markets without having to make significant investments in production facilities or marketing efforts.

Licensing can be a relatively low-risk way to enter a new market because the licensee assumes most of the financial and operational risks associated with producing and marketing the licensed product.

The licensee also gains access to the licensor's proprietary information, such as manufacturing processes, which can help the licensee produce high-quality products efficiently.

However, licensing can be a complex process that involves negotiating the terms of the agreement, protecting intellectual property rights, and ensuring compliance with local laws and regulations.

Additionally, the licensor must carefully select a licensee that has the financial resources and operational capabilities to successfully produce and market the licensed product.

In conclusion, licensing can be a valuable strategy for companies looking to expand their business into new markets. By licensing its intellectual property, a company can generate revenue without incurring significant costs or risks.

However, licensing requires careful planning, negotiation, and execution to ensure a successful outcome for both the licensor and the licensee. So Option D is correct.

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Suppose that the Debt Service Coverage Ratio (DSCR) is 1.1x, the Debt Yield is 8%, and the Going-In Cap Rate is 7%. What does this tell you about the deal?

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The given information provides some important metrics used in commercial real estate financing and valuation. Here's what we can infer from the given information:

Debt Service Coverage Ratio (DSCR) of 1.1x: This means that the property's net operating income (NOI) is 1.1 times the annual debt service (i.e., the loan payments). A DSCR of 1.1x is considered relatively low and may indicate that the property is somewhat risky or that the lender is being conservative.

Debt Yield of 8%: This is the return that the lender is requiring on its loan based on the property's cash flow. A higher debt yield means that the lender is requiring a higher return relative to the loan amount. An 8% debt yield is considered moderate and may indicate that the lender views the property as relatively low-risk.

Going-In Cap Rate of 7%: This is the property's net operating income divided by its purchase price. A lower cap rate means that the property is more expensive relative to its income. A 7% cap rate is considered moderate and may indicate that the property is in a stable market with good growth potential.

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explain the success of the manager in lowering the percentage of food unsold or damaged using leadership materials from this week.

Answers

The success of the manager in lowering the percentage of food unsold or damaged can be attributed to the effective use of leadership materials from this week. The manager was able to leverage different leadership techniques to drive positive change and achieve the desired results.

Firstly, the manager demonstrated strong communication skills by clearly articulating the importance of reducing food waste and the benefits that could be achieved by doing so. By communicating the message effectively, the manager was able to get buy-in from the team and ensure that everyone was on board with the initiative.Secondly, the manager demonstrated effective delegation skills by assigning specific responsibilities to team members and empowering them to take ownership of the process. This approach not only ensured that the workload was shared but also gave team members a sense of accountability and ownership, which motivated them to perform at their best.Thirdly, the manager utilized the principles of motivation to inspire and encourage the team to meet the set goals. By recognizing and rewarding excellent performance, the manager was able to create a culture of excellence and drive positive behavior.
Lastly, the manager demonstrated excellent problem-solving skills by identifying the root causes of food waste and developing creative solutions to address them. By taking a proactive approach and implementing corrective actions, the manager was able to minimize food waste and reduce the percentage of unsold or damaged food.

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343, 345 9.2. how did the market revolution spark social change? identify the statements that describe how textile mills transformed employment dynamics in the nineteenth century.

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The market revolution, which occurred in the United States during the early nineteenth century, was a period of rapid economic growth and expansion.

Textile mills transformed employment dynamics in several ways. Firstly, they created new job opportunities for women and children who had previously been excluded from the labor force. This was because the work in textile mills was seen as less physically demanding than other jobs such as agriculture or factory work.

Secondly, textile mills also introduced the concept of wage labor, which was a major departure from the traditional system of apprenticeships and small-scale production that had existed previously.

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joe's income is $500, the price of food (f, y-axis) is $2 per unit, and the price of shelter (s, x-axis) is $100. which of the following represents his budget constraint?

Answers

This budget constraint is  c. 5 = 500 - 2F. So, the correct answer is: c. 5 = 500 - 2F

Joe's budget constraint represents the combinations of food (F) and shelter (S) he can purchase given his income and the prices of food and shelter.

In this case, Joe has an income of $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. To find the budget constraint, we need to create an equation that represents the total amount Joe spends on food and shelter:

Total expenditure = (Price of food × Quantity of food) + (Price of shelter × Quantity of shelter)

Now, let's plug in the given values:

500 = (2 × F) + (100 × S)

This equation represents Joe's budget constraint. Comparing it to the given options, we can see that it doesn't match any of the choices provided. However, the equation can be re-arranged to better resemble one of the given options:

500 - 2F = 100S

Divide both sides by 100:

5 - 0.02F = S

This equation matches option c. 5 = 500 - 2F. So, the correct answer is:

c. 5 = 500 - 2F

This equation shows that the quantity of shelter Joe can purchase is equal to 5 minus 0.02 times the quantity of food he buys, given his income and the prices of food and shelter.

The complete question is:

Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100.

Which of the following represents his budget constraint?

a. 500 = 100F + 25

b. 500 = 2F + 1005

c. 5 = 500 - 2F

d. All of the above

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The law of one price posits that ability to arbitrage would force prices of identical goods to trade at equal prices. however, empirical evidence suggests that _____________ are often mispriced.

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The law of one price posits that ability to arbitrage would force prices of identical goods to trade at equal prices. However, empirical evidence suggests that certain factors such as transaction costs, transportation costs, and trade barriers are often mispriced.

These factors can hinder the ability to arbitrage and prevent prices from converging to the same level. Additionally, market inefficiencies and information asymmetry can also contribute to mispricing of identical goods.

Transaction costs. The costs related to the economic exchange behind trade. It can include the gathering of information, negotiating, and enforcing contracts, letters of credit, and transactions, including monetary exchange rates, if a transaction takes place in another currency. Transactions taking place within a corporation are commonly lower than for transactions taking place between corporations. Still, with e-commerce and e-documentation, they have declined substantially.

Transport costs. The full costs of shipping goods from the point of production to the point of consumption. Containerization, intermodal transportation, and economies of scale have reduced transport costs significantly.

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an employee earns $6,150 per month working for an employer. the federal insurance contributions act (fica) tax rate for social security is 6.2% of the first $137,700 earned each calendar year and the federal insurance contributions act (fica) tax rate for medicare is 1.45% of all earnings. the current federal unemployment taxes (futa) tax rate is 0.6%, and the state unemployment taxes (suta) tax rate is 5.4%. both unemployment taxes are applied to the first $7,000 of an employee's pay. the employee has $208 in federal income taxes withheld. the employee has voluntary deductions for health insurance of $176 and contributes $88 to a retirement plan each month. what is the amount of net pay for the employee for the month of january? (round your intermediate calculations to two decimal places.) multiple choice $4,875.42 $5,207.52 $5,158.32 $4,826.22 $5,296.70

Answers

The amount of net-pay for the employee for the month of January is $4,826.22

First, let's calculate the total FICA tax (Social Security + Medicare) for the month:

Social Security tax: 6.2% of $6,150 = $380.70

Medicare tax: 1.45% of $6,150 = $89.18

Total FICA tax = $380.70 + $89.18 = $469.88

Next, let's calculate the federal and state unemployment taxes:

FUTA tax: 0.6% of the first $7,000 = $42.00

SUTA tax: 5.4% of the first $7,000 = $378.00

Total unemployment taxes = $42.00 + $378.00 = $420.00

Now, let's subtract all the taxes and deductions from the employee's gross-pay to get the net pay:

Gross pay: $6,150

Federal income tax: $208

FICA tax: $469.88

Health insurance: $176

Retirement plan: $88

Unemployment taxes: $420.00

Net pay = $6,150 - $208 - $469.88 - $176 - $88 - $420.00 =  $4,826.22

since the options given are rounded to two-decimal-places, we need to round the answer is  $4,826.22

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what law should be applied to resolve the dispute over profits? how will profits be distributed? how could this have been avoided? would you recommend that different business entity for the friends?

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The law that should be applied to resolve the dispute over profits would depend on the type of business entity the friends have formed. If they have formed a partnership, then the law that applies would be the Uniform Partnership Act (UPA) or the Revised Uniform Partnership Act (RUPA), depending on the state they are in. If they have formed a limited liability company (LLC), then the law that applies would be the state LLC statute.

In a partnership, profits are typically distributed according to the terms of the partnership agreement. If the agreement is silent on the matter, then profits are distributed equally among the partners. If one partner has contributed more to the partnership than the others, then they may be entitled to a larger share of the profits.

In conclusion, resolving disputes over profits requires an understanding of the applicable law and a clear and comprehensive agreement among business partners. By taking steps to prevent disputes and considering alternative business entities, friends can protect their investments and maintain healthy business relationships.

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(which of the following statements is false?) the exchange rate is the price of one (country's) currency in terms of another (country's) currency. a currency has appreciated in value if more of a foreign currency is needed to buy it. a change in the money supply can change aggregate demand. a change in business taxes can change investment, which can change aggregate demand. none of the above

Answers

All of the statements are true except for one that is false. The false statement is "none of the above."

The exchange rate is indeed the price of one country's currency in terms of another country's currency. A currency appreciates in value when it becomes stronger and therefore, more of a foreign currency is needed to buy it. A change in the money supply can impact aggregate demand by influencing interest rates and the availability of credit. Similarly, a change in business taxes can impact investment, which can change aggregate demand by affecting the costs of doing business. Therefore, all of these statements are true, except for the option "none of the above," which is false.

he exchange rate indeed represents the value of one country's currency in terms of another country's currency. A currency appreciates in value if more of foreign currency is needed to buy it. Changes in the money supply can affect aggregate demand, and changes in business taxes can influence investment, which in turn can impact aggregate demand.

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Press Corp. and Swank Corp. file a consolidated return. The companies had the following items of income and deductions for the current year: Press Corp./ Swank Corp. Income from operations $80,000/ $40,000 Section 1231 loss (12,000)/ 0 Capital gain (loss) 4,000/ (3,000) What is Press and Swank's consolidated taxable income? A. $109,000 B. $112,000 C. $121,000 D. $124,000

Answers

The consolidated taxable income for Press Corp. and Swank Corp. is $109,000 (option A).

To determine the consolidated taxable income for Press Corp. and Swank Corp., we need to add together their individual items of income and deductions.

Press Corp./ Swank Corp.

Income from operations: $80,000/ $40,000

Section 1231 loss: (12,000)/ 0

Capital gain (loss): 4,000/ (3,000)

To combine these figures, we first add up the income from operations:

$80,000 + $40,000 = $120,000

Next, we combine the section 1231 losses:

($12,000) + 0 = ($12,000)

Finally, we combine the capital gains (losses):

$4,000 - $3,000 = $1,000

To determine the consolidated taxable income, we subtract the total deductions from the total income:

$120,000 - $12,000 + $1,000 = $109,000

Therefore, the consolidated taxable income for Press Corp. and Swank Corp. is $109,000 (option A).

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in the event that a life insurance policy has lapsed, which of the following actions is not required of the policyowner before an insurance company will reinstate the policy? all back premiums must be paid interest payments on past-due premiums may be required evidence of insurability is required a new application for insurance must be established

Answers

The policyholder is required to pay all back premiums before the insurance company reinstates the lapsed life insurance policy. Here option A is the correct answer.

When a life insurance policy lapses, the policyholder may have the option to reinstate the policy by paying all back premiums and any interest owed on past-due premiums. In addition, the insurance company may require evidence of insurability, such as a medical exam, to ensure that the policyholder is still insurable.

However, a new application for insurance is typically not required in the reinstatement process. This is because the original policy is still in force, albeit lapsed, and can be reinstated as long as the policy owner fulfills the necessary requirements. A new application would create a new policy altogether, and the policy owner may not be eligible for the same coverage or premiums as before.

It is important to note that the requirements for reinstating a lapsed policy can vary depending on the specific terms and conditions of the policy and the insurance company's policies. It is always best to consult with the insurance company and review the policy documents to fully understand the reinstatement process and requirements.

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Complete question:

Which of the following actions is NOT required of the policy owner before an insurance company will reinstate a lapsed life insurance policy?

a) All back premiums must be paid

b) Interest payments on past-due premiums may be required

c) Evidence of insurability is required

d) A new application for insurance must be established

which of the following are necessary for a state to impose a net income tax on a foreign corporation related to sales of tangible personal property within the state?

Answers

A state can impose a net income tax on a foreign corporation related to sales of tangible personal property within the state if it satisfies the following requirements:

1. Nexus: There must be a sufficient connection or nexus between the foreign corporation and the state. This is usually established when the corporation has a physical presence or conducts significant business activities within the state.
2. Apportionment: The income subject to tax must be fairly apportioned to the activities carried out in the state. This involves determining the percentage of total income generated within the state.
3. Non-discrimination: The tax system must not discriminate against foreign corporations in comparison to domestic ones. This means that the tax rate and base should be applied equally to both domestic and foreign corporations.
4. Fair relation: There should be a fair relation between the income attributed to the state and the services provided by the state to the foreign corporation. This ensures that the tax burden is proportional to the benefits received by the corporation.

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a primary objective of labor unions is to group of answer choices seek better pay and improved work conditions. have equal power with their employer. all answers are correct. secure equal pay for its members.

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The primary objective of labor unions is to seek better pay and improved work conditions for their members. This objective is achieved through collective bargaining, where the union negotiates with the employer on behalf of its members. The negotiations focus on issues such as wages, benefits, working hours, safety, and other working conditions that affect the well-being of the workers.

Option C is correct



One of the key goals of labor unions is to secure equal pay for its members. Unions strive to ensure that workers are paid fairly and equally for the same work regardless of their gender, race, ethnicity, or any other factor. This helps to eliminate discrimination and promotes equal opportunity in the workplace. Another objective of labor unions is to have equal power with their employer. By forming a union, workers can leverage their collective bargaining power to negotiate better wages, benefits, and working conditions. This helps to level the playing field between workers and employers, giving workers a stronger voice in the workplace.

In summary, the objective of labor unions is to seek better pay and improved work conditions for their members through collective bargaining. This includes securing equal pay for its members and having equal power with their employer.

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what are the primary features of ebusiness components? group of answer choices eprocurement none of these elogistics eprocurement and elogistics

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The primary features of e-business components include e-procurement and e-logistics.

E-procurement refers to the process of purchasing goods and services electronically, which streamlines procurement activities and reduces costs. Key features of e-procurement include online catalogs, electronic purchase orders, automated approvals, and supplier management. E-logistics, on the other hand, involves the management and coordination of supply chain processes using electronic means. It plays a crucial role in ensuring timely delivery, inventory control, and efficient transportation of goods. Some key features of e-logistics include real-time tracking, warehouse management, and electronic data interchange (EDI) for seamless communication between businesses.
In summary, e-procurement and e-logistics are essential components of e-business that help organizations improve efficiency, reduce costs, and enhance customer satisfaction by streamlining procurement and logistics processes through electronic means.

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A flexible budget performance report combines the
-net income for 2 periods
-activity variances with the revenue and spending variances
-manager's performance with the employee's performance

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In a flexible budget performance report, net income for two periods, activity variations with revenue and spending variances, and manager and staff performance are all combined. Option 1 is Correct.

A flexible budget is a kind of budget that enables modifications to be made in response to alterations in the business environment. It generally comprises budgeted amounts and actual amounts for each activity and is used to track the performance of a department or an individual. In the flexible budget performance report, a comparison of actual outcomes to planned amounts for each activity.

In summary, the flexible budget performance report includes the manager's and employees' performances as well as net income for two periods, activity variations with revenue and spending variances, and activity variances with activity variances.  Option 1 is Correct.

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Correct Question:

A flexible budget performance report combines the

1. net income for 2 periods

2. activity variances with the revenue and spending variances

3. manager's performance with the employee's performance

4. none of these.

the following figure shows the euro-u.s. dollar exchange rate in the past year, i.e., the price of 1 euro in u.s. dollars. which of the following statements is incorrect? a. euro appreciated relative to the u.s. dollar between may and november 2021 b. euro is a more expensive currency than the u.s. dollar c. an investor who purchased $100,000 dollars by selling euros in april 2021 would earn money if she sold the same amount of dollar ($100,000) for euros in october 2021 d. an individual who wanted to buy 1000 euros in may 2021 would have to pay at least 1200 dollars

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The correct option is d. An individual who wanted to buy 1000 euros in May 2021 would have to pay at least 1200 dollars is incorrect.

The figure shows that the euro appreciated relative to the U.S. dollar between May and November 2021. The main answer is false. The figure shows that the U.S. dollar appreciated relative to the euro between January and April 2021. Therefore, the U.S. dollar was more expensive than the euro during that period. The main answer is true. If an investor sold $100,000 worth of euros in April 2021 and bought them back in October 2021, they would earn money due to the appreciation of the euro relative to the U.S. dollar during that period.

The statement suggests that an individual would have to pay at least $1,200 to buy 1,000 Euros in May 2021. Without specific exchange rate values, it is impossible to determine the exact amount needed to buy 1,000 Euros. Therefore, this statement cannot be proven true or false with the given information.

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what is good advice for individuals who have multiple bosses in a matrix structured organization? question 9 options: set a schedule for days you work with each manager. keep conflicts you are experiencing to yourself. make sure all managers are familiar with your overall workload. avoid establishing informal or personal relationships with managers.

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Having multiple bosses in a matrix-structured organization can certainly be challenging, but there are some steps you can take to manage the situation effectively.

First and foremost, it's important to establish clear lines of communication with all of your managers.

This means keeping them updated on your progress, asking for feedback regularly, and making sure they are all aware of your overall workload.

You may even want to consider setting up regular check-ins or status updates to ensure everyone is on the same page.
Another key strategy is to set a schedule for the days you work with each manager.

This can help you prioritize your tasks and ensure that you are giving each manager the attention they need.

It can also help prevent conflicts from arising by ensuring that everyone knows when they can expect to hear from you.
While it can be tempting to establish informal or personal relationships with your managers, it's generally best to avoid this.

This can lead to conflicts of interest and make it more difficult to maintain a professional relationship.

Instead, focus on building strong working relationships based on mutual respect and clear communication.

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suppose that you sell bicycle theft insurance and bicycle owners do not know whether they are high- or low-risk consumers. true or false: this situation causes an adverse selection problem, but only if the person is a high-risk consumer.

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The given statement " Suppose that you sell bicycle theft insurance and bicycle owners do not know whether they are high- or low-risk consumers." is False. Because Both high-risk and low-risk customers may experience issues with adverse selection as a result of this circumstance.

When buyers and sellers have different levels of knowledge regarding risk, this is known as adverse selection. Bicycle owners might be tempted to get insurance even if they are low-risk in this scenario if they are unaware of their risk level, which would result in adverse selection. The insurance provider would then have to deal with a bigger percentage of high-risk clients and could need to raise prices to account for the increased risk.

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What are the two important teleological philosophies in Teleology? a. Selfless and Selfish b. Communication and Egoism c. Egoism and Utilitarianism d. Egoism and Technology e. Agreement and disagreement

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Teleology is a philosophical concept that emphasizes the purpose or end goal of things. Within this philosophy, there are two important teleological philosophies: egoism and utilitarianism.

Egoism is the belief that individuals should act in their own self-interest and seek personal satisfaction or pleasure. This philosophy holds that the pursuit of individual goals and desires is the ultimate purpose of human existence. Egoists believe that their own needs and wants take priority over those of others, and that it is not their responsibility to contribute to the greater good of society.

Utilitarianism, on the other hand, is a philosophy that emphasizes the greatest good for the greatest number of people. This means that individuals should act in a way that maximizes the overall happiness or well-being of society as a whole, rather than just their own self-interest. Utilitarians believe that the purpose of human existence is to create a better world for everyone, not just themselves.

In summary, while there are many different teleological philosophies, egoism and utilitarianism are two of the most important. Egoism emphasizes the pursuit of personal satisfaction and pleasure, while utilitarianism emphasizes the creation of a better world for everyone.

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anxiety or doubt felt by a consumer after making a difficult and relatively permanent purchase decision is referred to as

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Anxiety or doubt felt by a consumer after making a difficult and relatively permanent purchase decision is referred to as Post-Purchase dissonance.

If a buyer enthusiastically anticipates making a purchase but is disappointed with the transaction or the goods itself, they may experience post-purchase dissonance.

Post-purchase dissonance must be kept at a minimum by business owners, online retailers, and marketing managers. This type of buy regret happens when a client decides on a certain item, makes the purchase, and then later expresses disappointment with the item's or service's quality. Online purchasing presents a number of challenges for the customer since they are unable to physically view, touch, or test the goods, which can make decision-making difficult and increase the likelihood that the final product will not be what they had anticipated.

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which of the following would result in capital income? (check all that apply.) multiple select question. wages sale of land held for investment after a year sale of stock after a year sale of inventory after a year sale of outstanding accounts receivable after a year

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Capital income refers to the income earned from the sale of an asset that has appreciated in value. In other words, it is the profit made from the sale of an investment or property.

Wages, sale of inventory, and sale of outstanding accounts receivable are not considered capital income because they are related to the regular business operations and do not involve the sale of an asset. On the other hand, the sale of land or stock after a year can result in capital income if the value of the asset has increased since its purchase. If the asset is sold for more than its purchase price, the difference between the selling price and the purchase price is considered capital income. However, if the asset is sold before a year has passed, the income earned from the sale would be classified as short-term capital gains,

which are taxed differently than long-term capital gains.To determine which of the following would result in capital income, let's examine each option.Capital income refers to income generated from the sale of capital assets, such as investments or real estate, that have been held for a specified period (usually more than a year). In this case, both the sale of land held for investment after a year and the sale of stock after a year qualify as capital income.The other options do not result in capital income.

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