We can infer here that the advantages of group decision making are as follows:
Draws on combined skills, competencies, and accumulated knowledge.Greater probability that the decision will be implemented successfully.Allows managers to process more information and correct one another's errors.Alternatives are less likely to fall victim to biases and errors.What is decision making?Decision making is a process that involves the identification of a decision, information gathering and an assessment into the possible and alternative solutions and resolutions.
Thus, we see that group decision making helps to bring together a combination of skills, knowledge and competencies.
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Fifteen years ago, Lenny purchased an insurance policy on his own life. The policy provides a $3 million death benefit. Lenny has paid $682,000 of premiums, and the cash surrender value of the policy is $725,000. He plans to liquidate the policy to generate cash for his business. If Lenny's marginal tax rate is 35%, how much after-tax cash will the liquidation generate
Lenny will generate $471,250 after-tax cash.
What is an insurance policy?The insurance policy, which establishes the claims that the insurer is legally obligated to pay, is a contract between the insurer and the policyholder. The insurer guarantees to reimburse losses brought on by risks covered by the policy language in return for an upfront payment known as the premium.What is a cash surrender value?If a policyholder or the owner of an annuity contract chooses to cancel their policy before it matures or an insured event occurs, the insurance company will give them the cash surrender value as compensation.Solution -Money Lenny will get = $725,000.
Subtract the tax to find the money Lenny will get.
35% of 725,000 = $253,750.
[tex]725,000 - 253,750 = 471,250[/tex]
Therefore, Lenny will generate $471,250 after-tax cash.
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Gilroy, a calendar-year taxpayer, is a long-time partner in the firm of Adam and Company, which has a fiscal year ending June 30. The partnership agreement provides for Gilroy to receive 25% of the ordinary business income of the partnership. Gilroy also receives a guaranteed payment of $1,000 monthly, which is deductible by the partnership. The partnership reported ordinary business income of $88,000 for the year ended June 30, 2021, and $132,000 for the year ended June 30, 2022. How much should Gilroy report on his 2021 return as total income from the partnership
using the trueblood criterion what is the ultimate goal of accounting?
The ultimate goal of accounting according to trueblood criterion is to predict future cash flows to the investor or creditor
What is a trueblood criterion?In accounting, its means the reporting on the past & present firm information that could help us predict future cash flow to firm.
Hence, by virtue of trueblood criterion, the ultimate goal of accounting is to predict future cash flows to the investor or creditor.
Therefore, the Option C is correct
Missing options "A) Predict future cash flows to the firm
B) Predict income to the investor or creditor
C) Predict future cash flows to the investor or creditor
D) Predict income to the firm"
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what do i say to "tell me about yourself" in a job interview
(20 pts)
Answer:
1- Mention past experiences and proven successes as they relate to the position. ...
2- Consider how your current job relates to the job you're applying for. ...
3- Focus on strengths and abilities that you can support with examples. ...
4- Highlight your personality to break the ice.
Explanation:
The united states is a ______________ economy, with nearly all of the characteristics of a ____________________ economy.
Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savion discovers that he needs to do an additional $2,400 of work to make the car worth $5,800 to potential buyers. He could also sell the car now, without completing the additional work, for $3,800. What should he do?.
Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.
Why should Savion sell the car?The profit if he works on the car is:
= Selling price - Addtional work cost
= 5,800 - 2,400
= $3,400
The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.
The $4,000 is irrelevant as it is a sunk cost.
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The change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called:
The change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called a Shift in Demand.
Shift in DemandWhen a fundamental driver of demand changes, the location of the demand curve will move to the left or right.The demand curve shifts to the right to indicate increases in demand. A rise in income, an increase in the cost of a substitute, or a decrease in the cost of a complement could all contribute to this.An increase in the quantity needed at every price results from a movement in demand to the right. For instance, if drinking coke gets more popular, demand will rise regardless of price.
Hence, the change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called a Shift in Demand.
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Subtracting the value of a firm's liabilities from the value of its assets leaves its:
Subtracting the value of a firm's liabilities from the value of its assets leaves its net worth. This is further explained below.
What is net worth?Generally, net worth is simply defined as a person's, a business's, or a family's whole financial assets less their entire debts.
In conclusion, The net worth of a company is calculated by deducting its debts from its assets.
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The activities buyers and sellers perform to facilitate mutually satisfying exchanges is:
The activities buyers and sellers perform to facilitate mutually satisfying exchanges is marketing
Buyers and SellersBuyers are those that request for goods and services for consumption purpose while the sellers make goods and services available to the buyers,
Both buyers and sellers carry out activities for mutual benefit of both parties. These activity that is being performed between the parties is known as marketing.
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Fitz Inc., a pharmaceutical company, reported net income for fiscal 2016 of $5,772 million, retained earnings at the start of the year of $57,594 million and dividends of $5,958 million, and other transactions with shareholders that increased retained earnings during the year by $11 million. If there were no additional transactions during the year that affected retained earnings, what was the balance of retained earnings at the end of the year
The balance of retained earnings at the end of the year equals $57,408 million.
What is balance of retained earnings?It is calculated as adding of beginning Retained Earnings balance to the net income or loss and then dividend payouts are subtracted.
Balance of retained earnings = $57,594 million + $5,772 million - $5,958 million,
Balance of retained earnings = $57,408 million
Therefore, the balance of retained earnings at the end of the year equals $57,408 million.
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to record a sales transaction, use:
To record a sales transaction, use create invoices- receive payment- make deposits.
What is sales transaction?Sales Transaction means transactions consummated between a company and subscriber of its capital stock. It is the transfer of a company's asset to another after sales have been completed.
Hence, to record a sales transaction, use create invoices- receive payment- make deposits.
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Mr. Kitten purchased an annuity contract for $50,000 from the XYZ Company on March 31, 2022. He is to receive $1,000 per month starting April 1, 2022, and continuing for life. He has a life expectancy of 10 years as of March 31, 2022. Mr. Kitten's reportable annuity income for 2022 is:
Mr. Kitten's reportable annuity income for 2022 is:$5,250.
Annuity incomeFirst step
Expected return= 120 months × $1,000
Expected return=$120,000
Second step
Exclusion ratio=($50,000/$120,000)
Exclusion ratio=41.67%
Third step
(April 1-December 31= 9 months)
Annuity income=(9 months×$1,000) -[(9 months×$1,000)×41.67% ]
Annuity income=$9,000-($9,000×41.67%)
Annuity income=$9,000$3,750
Annuity income=$5,250
Therefore Mr. Kitten's reportable annuity income for 2022 is:$5,250.
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when the mpc = 0.75, the desired tax cut for achieving a $300 billion fiscal stimulus is _____.
Based on the marginal propensity to consume, the required tax cut to get a $300 billion stimulus is $400 billion.
How much of a tax cut is needed?This can be found by the formula:
= Required fiscal stimulus / Marginal propensity to consume
Solving gives:
= 300 / 0.75
= $400 billion
In conclusion $400 billion of tax cuts are needed.
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An investor has $ to invest in a cd and a mutual fund. The cd yields % and the mutual fund yields %. The mutual fund requires a minimum investment of $, and the investor requires that at least twice as much should be invested in cds as in the mutual fund. How much should be invested in cds and how much in the mutual fund to maximize the return? what is the maximum return?.
The amount of $25,000 will be invested in the mutual funds while the amount of $50,000 will be invested in the CDs.
What represents the Two Investment?Let X represent the amount in Mutual Funds and Y represent the amount in CDs.
The constraints includes:
Y = 2x; x>9000; Y = 75000 - x
Now, there need to be at least 2x + x = 75000; 3x = 75000; x = 25000
Now, given that x equals $25,000, then, the mutual funds equals $25,000 while the Y equals $50,000 for CDs ($75,000 - $25,000).
Therefore, the amount of $25,000 will be invested in the mutual funds while the amount of $50,000 will be invested in the CDs.
Complete question "An investor has 75,000$ to invest in CD and mutual funds. The CD yields 7% and mutual funds 5%. the mutual fund requires a minimum investment of $9000 and the investor requires that at least twice as much should be invested in CDs as mutual funds. How much should be invested in Cds? How much in mutual funds? what is the maximum return?"
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What is not true about dod travel policy?
What is not true about dod travel policy is: An AO can approve payment for items not addressed by the JTR.
DoD travel policyDoD which full meaning is Department of Defense travel policy is a policy that tend to payback the expense incurred when a staff travel due to official assignment.
Based on the policy an AO cannot approve expenses reimbursement for things that are not address by the JTR.
Therefore the statement is false.
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All of the following were instrumental in suburban life and the rise of the subdivisions except a. the construction of malls. b. government-backed low-interest loans to returning veterans. c. the availability and affordability of cars. d. the loss of a communal city center.
All of the following were instrumental in suburban life and the rise of the subdivisions except the construction of malls. Option A. is the correct answer. Read below about suburban.
What is a suburban?Suburban areas are lower in population area that separate residential and commercial areas from each other. They are either part of a city or urban area, or exist as a separate residential community within commuting distance of a city.
Therefore, such will lack social amenities such as malls. Hence, option A. is the correct answer.
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A. received a $600 utility bill for electricity usage in july to be paid in august.
b. owed wages to 10 employees who worked three days at $100 each per day at the end of july. the company will pay employees at the end of the first week of august.
c. on july 1, loaned money to an employee who agreed to repay the loan in one year along with $1,200 for one full year of interest. no interest has been recorded yet.
Salaries and wages expense are $3,000 and interest revenue is $100.
What is an expense?Expense refers to a cost that occurs while making any activity in the business operations. To calculate the profit earned these expenses are deducted from the income.
Salaries and wages expense=10*3*$100
Salaries and wages expense=$3,000
Interest revenue = $1,200/12=$100
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The cross-price elasticity of demand for peanut butter with respect to the price of jelly is -0.3. If we expect the price of jelly to decline by 15%, what is the expected change in the quantity demanded for peanut butter
The expected change in the quantity demanded for peanut butter is decreased by 4.5%.
What is Elasticity of Demand?The term Elasticity refers to the Change and demand refers to the willingness and ability to purchase a particular product. Thus the Elasticity of Demand refers to the Change in the level of the demand in response to the change in the price that too in large.
Price Elasticity = percentage change in the quantity demand/ percentage change in price of the butter
0.3 = x/15%
x = 4.5%
Therefore the quantity demanded of the peanut butter will be declined by 4.5%
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Credit unions differ from retail banks because they are
In the finance industry, the Credit unions differ from retail banks because they are owned by their members.
What is a Credit unions?It is a financial institution very similar to a commercial bank which is a member-owned nonprofit financial cooperative.
What is a retail banks?It is a financial institution that offers personal banking to the general public, rather than to companies, corporations or other bank
In conclusion, the Credit unions differ from retail banks because they are owned by their members.
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Answer:
owned by members
Explanation:
did it
Costs and price differences among competing companies can have origins in activities performed by a. the company's internally performed activities (its own value chain) compared to the cost structure of the internally performed activities of rival companies. b. value chains of the company's suppliers. c. value chains of a company's distributors and retail dealers and forward channel allies. d. the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies. e. whether the company has a longer or shorter value chain than its close rivals.
Costs and price differences among competing companies can have origins in activities performed by the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies.
What is value chain?Value chain is a process in which a company analyzes and examine its activities to find the competitive advantage to add value to its products and services.
Hence, costs and price differences among competing companies can have origins in activities performed by the company's internally performed activities (its own value chain), but also on costs in the value chain of its suppliers and distribution channel allies.
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You work in contracting and receive a request from a company that wants to make a bid on the next ambulance contract; the requestor wants to know who the current companies are and how much they charge for various services. You know that your friend handles that contract and could easily send the information. What do you do
I will refuse to give the information because it is considered unethical. See below for the definition of unethical practice.
What is unethical practice?Unethical behavior refers to actions or attitudes that are unacceptable to the general public because they are deemed unfair and give undue advantage to a select few.
Hence, given the above situation, I will refuse to give the information because it is considered unethical. See below for the definition of unethical practice and blacklist the requestor.
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Help!!!!!!!!!!!!!!!!!
Answer:
being untrusting
Explanation:
as you have save all the money in ur home then it's mean that you don't trust any one
A full outer join with the matching rows removed is known as a ______________.
A full outer join with the matching rows removed is known as a UNION JOIN
What is UNION JOIN?Union join is a SQL command used to join matching rows data analysis. it is an important query used to locate and join matching rows in a given raw data.
This operator is crucial because it helps removes any duplicates present in the results being combined.
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When marketers adapt their products by offering less expensive products that are tailored to consumers with modest incomes, they are paying close attention to:
When marketers adapt their products by offering less expensive products that are tailored to consumers with modest incomes, they are paying close attention to: economic factors.
What are economic factors?Economic factors are those factors that are used to determine what causes the competitiveness in the business environment of the firm.
Some of the factors are
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Female executives in international business have workplace challenges due to gender biases in some countries. For this reason, some companies do not eagerly offer women _____.
For this reason, some companies do not eagerly offer women international assignments.
What are the barriers/challenges women face at the workplace?Because men have dominated leadership roles for so long when a woman demonstrates these qualities, they are not as well received.Men continue to have more networks than women, which allows them to hear about opportunities and locate mentors and sponsors who will support their growth.The difficulty of juggling work and home obligations sometimes prevents women from pursuing leadership positions. The outdated idea of male and female home responsibilities is still used in the design of workplaces.Obstacles still exist in the form of hostile work environments and covert bias. Women of race encounter more barriers to success and are thus even less likely to assume leadership positions.Learn more about the impact of women's leadership in the workplace here:
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Miracle Pill. Katie advertised that she had developed a pill for women that would result in weight loss, wrinkle loss, and improved vitality; and for men would result in all those things, plus hair growth. Her television advertisement showed miracle results allegedly obtained by consumers. Katie cautioned, however, that ingestion of the pill for six months was required before results would be evident. The pill was wildly popular. The Federal Trade Commission, however, investigated and determined that Katie had failed to have a reasonable basis for the claims she made in advertisements. Katie claimed that she was merely involved in the use of generalities and clear exaggerations. The Federal Trade Commission disagreed and issued a formal administrative complaint against her. After a hearing, the Federal Trade Commission issued an order requiring that Katie stop advertising and selling the pills. After losing all appeals, Katie continued selling the pills until she was fined by the Federal Trade Commission. She has since left the country and cannot be located. Who would have presided over the hearing involving the administrative complaint filed against Katie by the Federal Trade Commission?a) A state circuit court judgeb) A federal district court judgec) An administrative law judged) A panel of commissioners of the Federal Trade Commissione) The full commission of the Federal Trade Commission
An administrative law judged would have presided over the hearing involving the administrative complaint filed against Katie by the Federal Trade Commission.
What is Administrative law?Administrative law serves as the branch of our law that support the administrative agencies, with power so they can imposes certain requirements on them to be able to gives solutions to when there is wrongful administrative acts.
Federal Trade Commission can be considered as an agency here and that was why it can make an order requiring that Katie stop advertising and selling the pills.
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Since most data for a given market study is not readily available, analysts must be creative in their use of data that they are able to obtain. The primary source for detailed household demographic information is:
The primary source for detailed household demographic information is The U.S Bureau of the Census
What is a Census?This refers to the count of people in a given geographical area and is usually done country-wide to find out the population.
Hence, we can see that since most data for a given market study is not readily available, the primary source that can be used to get household demographics is the U.S Bureau of the Census
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How to make poultry farm?
Answer:
How to make a poultry farmExplanation:
Steps:Choose the type of poultry bird to rearSelect a suitable farm location or siteProvide good housing/shelter for the birdsFeeding and medication of the poultry birdsMarketing and sales of the poultry birds Necessary poultry equipmentsFeederWater potLaying nestsHeater/incubatorFencingEgg handling nestsBenjamin Moore Company provides paint and supplies to businesses and individuals through its network of company-owned retail outlets. Benjamin Moore employs outside sales representatives who make personal calls with prospects and customers in order to gain insight about their needs and persuade them to utilize Benjamin Moore for their painting projects. Typically, a Benjamin Moore sales representative will focus his or her efforts on specific customers such as hospital facility managers, apartment complex managers, painting contractors, or education institution facility managers. Benjamin Moore is utilizing the ______ variable for segmenting business markets.
In the systems portion of the business market, Benjamin Moore & Co. is leveraging types of organizational variables. Hence, option B is correct.
What is an organizational variable?An organizational variable is a characteristic of decision-making; a characteristic that influences the decision-making process and outcomes related to it. It includes a variety of factors such as the organization's code of ethics, top-level management, structure, size, and culture, among others.
According to Trevino's model (1986), an individual's ethics is also affected by an organization variable.
The complete question is attached in image form at the end.
Thus, option B: type of organization is correct for Benjamin Moore Company's business markets.
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g A market constraint can be overcome by: outsourcing. lobbying. supplier development. cash flow management. advertising or price changes.
A market constraint can be overcome by advertising or price-changes.
What is a market constraint?When no suppliers can adjust their capacity in response to a change in demand, or when providers' responses do not correspond to the change in demand, the market is said to be restricted.What is cash flow management?The process of monitoring the amount of money coming into and going out of your company is known as cash flow management. This assists you in making future financial projections for your company. It also aids in determining how much cash your company needs to pay off debts, such as paying suppliers and staff.What is advertising?Advertising is a type of marketing communication that uses an overtly commercial, impersonal message to sell or promote a good, service, or concept. Businesses who want to advertise their goods or services are often the sponsors of advertising.Therefore, a market constraint can be overcome by advertising or price changes.
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