A production process that is intended to be regenerative. The correct answer is option (c).
What is Circular economy?A circular economy is a way of producing and consuming goods that prioritises sharing, renting, reusing, repairing, and recycling already manufactured goods for as long as feasible. The circular market model actually promotes development, in contrast to many environmental models that advocate decrease in order to attain zero waste.
It represents a shift from the current model in which materials are extracted, turned into goods, and then thrown away. In a circular economy, resources are used less often, materials, goods, and services are redesigned to use less resources, and "waste" is recovered and used as a resource to create new goods and materials.
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36.Which of the following is notconsidered a special journal?a.purchases journalb.cash receipts journalc.general journald.cash payments journal
It is not thought of as a specific journal to publish in the general journal.
What are payments in cash?Cash payments are made to the provider of products or services by the recipient in the form of banknotes or coins. It may also entail paying employees within a company for the hours they worked or compensating them for tiny expenses that are too little to be processed through to the accounts receivable system.
Why is cash preferred by people?The much more safe method of payment is cash because banknotes are 99.99% authentic. Cash is perhaps the most secure form of payment there is. Cash is nearly hard to counterfeit thanks to advanced security structure and ongoing improvement in security measures.
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rayray records' stock currently sells for $105.00 per share. the dividend is projected to increase at a constant rate of 5% per year. the required rate of return on the stock, rs, is 11%. what is the stock's expected price 3 years from today, $ xxx.xx, no $ sign?
At the end of the third year, the stock price per share was $121.485. According to the given information
$105 is the share price.
11% is the required rate of return.
Dividend increase at a constant rate equals 5%.
According to Gordon's Growth Model, the following equation represents the count of the stock cost as a function of profit, cost of value capital (necessary pace of return), and steadily increasing profit rate:
Shares of Stock Price = D / (r-g)
D is for dividends.
r = the equity capital cost (in this problem, we take the required rate of return)
g = dividend growth rate
We must determine the dividend, D, by substituting the values for Stock price per share = $105, r = 0.09, and g = 0.05.
105 = D / (0.11 - 0.05) (0.11 - 0.05)
105 = D / 0.06
105 * 0.06 = D
D = $ 6.3
Given that dividend growth is constant at 5%
Dividend at year's end is Dividend * (1 + g)^3.
Dividend at year's end equals 6.3 * (1+0.05)^3.
= 6.3 * 1.157
= 7.2891
At the end of the third year, the stock price per share equals D / (r-g)
At the end of the third year, the stock price per share was
= $7.2891 / ($0.11 - 0.05)
= $7.2981 / ($0.06)
= $121.485.
At the end of the third year, the stock price per share was $121.485.
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determine the payback period for an investment. evaluate the acceptability of an investment project using the net present value method. evaluate the acceptability of an investment project using the internal rate of return method. compute the simple rate of return for an investment.
An investment is an asset or object received with the aim of producing earnings or appreciation. Appreciation refers to a boom in the value of an asset over the years.
That in shape is loose cash and a guaranteed go-back on your funding. you could start with as low as 1% of each paycheck, though it is an excellent idea to intention for contributing at least as a great deal as your business enterprise match. for instance, a not-unusual matching association is 50% of the first 6% of the profits you contribute.
Investors are understandably cautious. record-high inflation and back-to-back interest rate increases have all triggered volatility. The S&P 500 briefly fell into a undergo market on May 20, again on June 13, and for a 3rd time in September. however, all of that also shouldn't mean sitting out of the marketplace.
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Which of the following would not be included in the measurement of GDP?
a bill from a car mechanic
wages of a card dealer working in a Las Vegas casino
commissions of a stockbroker
the increased value of shares of stock
c and d
(D) The increasing value of stock shares would not be considered in the GDP measurement.
What is a measurement of GDP?GDP calculates the monetary value of the final goods and services—those purchased by the consumer—produced in a nation during a specific time period (say a quarter or a year).
It accounts for all the output produced inside a nation's boundaries.
The value-added approach, the income approach (how much is earned as revenue on resources utilized to make items), and the expenditures approach are three alternative ways to assess GDP (how much is spent on stuff).
The assessment of GDP would exclude the rising value of stock shares.
Therefore, (D) the increasing value of stock shares would not be considered in the GDP measurement.
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Correct question:
Which of the following would not be included in the measurement of GDP?
a. a bill from a car mechanic
b. wages of a card dealer working in a Las Vegas casino
c. commissions of a stockbroker
d. the increased value of shares of stock
e. c and d
the state of texas has one of the highest sales tax rates in the nation at 6.25 percent. this – tax can have another – added to it to help fund county and local governments.
The state of Texas has one of the highest sales tax rates in the nation at 6.25 percent. This tax can have another added to it to help fund county and local governments.
What Texas tax rate is the highest?
Texas has a state sales tax of 6.25 percent, a maximum local sales tax of 2 percent, and an average state and local sales tax of 8.20 percent. On our index of the state business tax climate for 2022, Texas's tax structure comes in at number 14.
Why are taxes in Texas so high?
Texas is one of just seven states in the country without a state income tax, which is the primary cause of the state's high property taxes. Instead, sales tax and property tax are the two main revenue sources we use to pay for government.
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which of the following is a cash inflow from an investment? multiple choice the purchase price of an investment. an increase in operating expenses. a cost savings. all of the answers are cash outflows.
Option D is correct answer. The purchase price of an investment, an extend in running expenses, a fee financial savings is a cash influx from an investment.
Cash inflows (proceeds) from investing activities include: Receipts from collections of loans (except software loans) and income of other entities' debt contraptions (other than money equivalents) Receipts from income of fairness gadgets and from returns of funding in those instruments.
Is investment a cash inflow or outflow?The purchase of any investment counts as cash outflow. In different words, a sure amount of money is leaving your commercial enterprise in change for the investment. If you sell a long-term asset, such as a piece of equipment, then that generates money inflow.
What is included in money inflow?Cash Inflow describes all of the income that is brought to your business via its activities– any method to deliver profits into the business. Cash Outflow includes any debts, liabilities, and running costs– any amount of cash leaving your business.
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https://brainly.com/question/735261#SPJ4Cash flows from interest received on loans are reported in the statement of cash flows as part of Multiple Choice Investing activities. This is not reported in the statement of cash flows. Operating activities. Financing activities Noncash activities
Cash flows from interest received on loans are reported in the statement of cash flows as part of Operating activities. Thus, the correct option is 'C'.
In the case when there is a receipts of the interest from the investment securities held so the same would be shown in the operating activities section of the cash flow statement as the cash inflow as the cash is coming also it would be shown in the positive amount.
Operating activities are events and transactions that produce income for a business. They are the normal business transactions of producing or purchasing merchandise, selling goods, and services to customers. They also include business administration and selling expenses.
Some Examples of incomes from operating activities are:
1. Collection from accounts receivables
2. Lawsuit settlements receipts
3. Interest received
4. Cash dividends received
5. Cash sales
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an item has a unit cost of $30. total usage for the year is 5000 units. order costs are $100 per order. you company uses an annual carrying cost of 15% (to account for the opportunity cost of capital, physical storage costs, and so on). the supplier has given you the choice of ordering in quantities of 300, 500, 600 or 700. if you order in lots of 700, the supplier will reduce your cost per unit to $28. what is the order quantity that yields the lowest total acquisition cost? hint: it would be good to build a spreadsheet like the one demonstrated in the eoq virtual lecture. if you build the spreadsheet and use the costs above and an order quantity of 200, your total cost should be $2,950. if this is what you get, then you know you did your spreadsheet correctly.
1. FOR 300 UNITS OF VALUE:
(Order Quantity / 2) is the annual holding cost. HOLDING COST: (300/2) * 4.5 = 675
2. FOR 300 UNITS OF VALUE:
Ordering costs are calculated as (annual demand / quantity) * annual ordering cost (6000 / 300) * 50 = 1000.
3. ANNUAL HOLDING COST = (ORDER QUANTITY / 2) FOR A VALUE OF 300 UNITS HOLDING COST: (300/2) * 4.5 = 675
Annual ordering costs are calculated as follows: (Annual Demand / Quantity) * Ordering Cost (5000 / 300) * 100 = 1666.67
Total Management Cost: 675 plus 1666.67, or 2341.67.
4. ANNUAL HOLDING COST FOR A VALUE OF 500 UNITS IS (ORDER QUANTITY / 2) HOLDING COST: (500 / 2) * 4.5 = 1125
Annual ordering costs are calculated as follows: ordering costs are calculated as follows: (5000 / 500) * 100 = 1000.
Total Management Cost: 1125 + 1000 = 2125
5. ANNUAL HOLDING COST FOR A VALUE OF 600 UNITS IS (ORDER QUANTITY / 2) COST OF HOLDING = (600/2) Annual Ordering Cost = (Annual Demand / Quantity) * 4.5 = 1350 (5000 / 600) * 100 = 833.33 is the ordering cost.
Total Management Cost: $1350 + $833.33 = $2183.33
6. ANNUAL HOLDING COST FOR 700 UNITS = (ORDER QUANTITY / 2) COST OF HOLDING = (700 / 2) * 4.2 = 1470 ANNUAL ORDERING COST * ORDERING COST = (5000 / 700) * 100 = 714.29 * ORDERING COST = (ANNUAL DEMAND / QUANTITY)
Total Management Cost: 1470 plus 714.29, or 2184.29
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lailey tech, a global customer service provider, spent $250 million on a new data center to keep its data safe at a single location. in this scenario, lailey tech incurred a(n)
Lailey tech, a global customer service provider, spent $250 million on a new data center to keep its data safe at a single location. in this scenario, lailey tech incurred storage costs.
The expense incurred as a result of holding merchandise is known as storage expenses. The expenses for the storage of the items could be direct or indirect.
The costs associated with storage could include those for warehouse staff, depreciation, software, electricity, and space. Typically, the cost of storage is expressed as a percentage of the value of the inventory. The percentage value changes depending on the industry. The money used to store inventory constitutes the cost of storage. This comprises the price of goods, labour, and warehouse space. Inventory management aims to reduce storage costs while yet keeping enough stock on hand to satisfy consumer demand.
Among the many strategies for cutting storage expenses are inventory size reduction, order fulfilment automation, and just-in-time inventory management. Businesses can increase their bottom line by properly managing their storage costs.
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what phrases can lawn care companies licensed to apply pesticides lawfully make according to the michigan department of agriculture and rural development
Applicators are certified by the MD and fully covered by liability insurance is the phrases can lawn care companies licensed to apply pesticides lawfully make according to the michigan department of agriculture and rural development.
What is liability insurance?Liability insurance helps protect your finances if you are held responsible for someone else's injuries or property damage. Liability coverage is typically included in property and auto insurance packages, including homeowners and auto insurance.
Liability insurance will pay for any injuries to third parties as well as any physical damage you may have caused to another person's property. One type of damage that may be considered is hospital and medical costs.
Thus, Applicators are certified by the MD.
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you just deposited $4,000 in cash into a checking account at the local bank. assume that banks lend out all excess reserves and there are no leaks in the banking system. that is, all money lent by banks gets deposited in the banking system. round your answers to the nearest dollar. if the reserve requirement is 1818 %, how much will your deposit increase the total value of checkable bank deposits? $ if the reserve requirement is 77 %, how much will your deposit increase the total value of checkable deposits? $ decreasing the reserve requirement the money supply.
The money supply increases when the reserve requirement is reduced.
What is Banking system?Banks act as financial mediators for their clients, taking deposits, disbursing loans, and offering checking accounts. When banks issue loans, they produce new money; when the loans are repaid, they destroy that money.
The communication of monetary policy, one of government's most crucial instruments for attaining economic development without inflation, is a crucial function of banks as well. Banks enable the movement of money in the marketplaces where they operate, whereas the central bank regulates the supply of money at the national level.
When reserve requirement = 1818% = 18.18,
Total increase in checkable deposit = $4,000 / 18.18 = $220.022
When reserve requirement = 7% = 0.77,
Total increase in checkable deposit = $4,000 / 0.77 = $5195
increases
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In which situations may you disclose confidential client information without violating the AICPA Code of Professional Conduct?
A. In response to a validly issued and enforceable subpoena.
B. At the request of another client that needs the information to file its tax return.
C. As an example in a seminar given for CPE credit.
D. In a proposal to a potential client.
The situation where confidential client information can be disclosed without violating the AICPA Code of Professional Conduct is A. In response to a validly issued and enforceable subpoena.
What is the AICPA Code of Professional Conduct?The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The code outlines requirements for auditor independence, objectivity, and integrity as well as obligations to customers and coworkers and behaviors that are detrimental to the accounting profession.
All AICPA members must abide by the Principles of Professional Conduct, which are listed in the Code of Professional Conduct's Preface.
When responding to a legally issued and enforceable subpoena, confidential client information may be given without breaking the AICPA Code of Professional Conduct.
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an employee is hurt on the insured's premises. six months later the employee dies. are the claimed funeral expenses covered under the insured's cgl, coverage c medical payments?
On the property of the insured, an employee gets hurt. Six months later, the employee passes away. Under the insured's CGL, Coverage C medical costs, and claimed funeral expenditures are not covered.
It is covered by the CGL policy and covers all reasonable and necessary ambulance, hospital, professional nursing, and funeral costs for a person hurt or killed in an accident that occurs on the insured's property or as a result of business operations. It also covers all necessary and reasonable medical, surgical, and other related costs.
Except for accusations of breaking someone else's copyright, trade dress, or slogan in advertising, the CGL insurance does not cover violations of others' intellectual property.
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doug spends three weeks each year in haiti as a missionary for his church. he is an example of a border dweller through what?
Doug spends three weeks each year in Haiti as a missionary for his church. he is an example of a border dweller through travel.
A commercial enterprise price range is a spending plan in your business based totally on your income and expenses. It identifies your to-be-had capital, estimates your spending, and enables you to predict revenue. A price range can help you plan your business sports and may act as a yardstick for setting up economic dreams. Spending includes all varieties of charges a man or woman incurs associated with shopping for items and services or anything that is consumable.
Purchaser spending is, clearly, very crucial to corporations. The more money clients spend at a given organization, the higher that organization has a tendency to perform. for this reason, it's miles unsurprising that most buyers and groups pay a terrific amount of attention to customer spending figures and patterns. Spend management is a non-stop manner of controlling and improving the way a business enterprise spends money. It normally includes strategic procurement sports which include supplier control, category management, inventory management, and product development.
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Which one of the following accounts below would likely be included in a deferral adjusting entry? Interest Revenue Accounts Receivable Salaries Payable Unearned Revenue
The answer is option (d). Unearned Revenue accounts would likely be included in a deferral adjusting entry.
Adjusting entries known as deferrals are made for products that are acquired in advance but utilized up later (deferred costs) or when money is received in advance but earned later (deferred revenue). A deferral takes into account pre-paid costs or early income receipts. It is, in other words, payment paid or payment received for goods or services that have not yet been delivered. Unearned income, commonly referred to as deferred revenue, is the term used to describe advance payments a business gets for goods or services that will be provided or rendered in the future. not a problem. thee the the the the the er the the the.s the. the holder of the s. the the
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A price ceiling is binding when it is set
A price ceiling is binding when it is set above the equilibrium price, causing a shortage.
Price ceiling refers to the highest price to which a good can be sold and this is used to protect the consumers from having to buy a good at very expensive prices.
Hence, we can note that in a market with a binding price ceiling, an increase in the ceiling price will increase the quantity supplied, decrease the quantity demanded, and reduce the shortage.
The ceiling price is binding and makes the equilibrium quantity to change – quantity requested increments while amount provided diminishes. It causes an amount lack of the sum Qd - Qs.
A price floor is the base value that can be charged. A successful (or binding) price floor is one that is set above equilibrium cost. A binding (or restricting) value ceiling is one that is set underneath balance cost.
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what is the purpose of an application deposit and how does it benefit both the applicant and the owner of the rental property?
Answer:
You can reserve the apartment and the landlord pledges not to rent it to any other prospective tenants in exchange for paying an application deposit. Bear in mind that a holding deposit is not the same as a security deposit, which acts as a backup plan in case something goes wrong after you've signed the lease.
Explanation:
Application DepositWhen you apply for a rental home, a landlord or property manager may ask you to pay a one-time fee known as an application deposit. As a kind of assurance that a potential tenant will proceed and rent the apartment after their application is accepted, some landlords and property managers demand an application deposit.
The leasing procedure is slowed down when a prospective tenant makes a rental application but then decides they do not want to rent the flat. It may cost the landlord or property manager other prospective renters who could have applied to rent the apartment because they think this unit will be rented out. In essence, the application deposit secures the property for you in return for a fee. As a result, it temporarily removes that particular apartment from the rental market and is held for you while your application is processed.
If the landlord accepts you and you sign a lease agreement, the landlord should convert some or all of the application deposit into the security deposit. However, this is dependent on the specifics of the agreement between you and the landlord.
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this question relates to the td ameritrade video you watched for this lesson. finally, employees from local td ameritrade offices reached out to top customers in each local market to encourage them to participate. this represents which promotional tool?
This query refers to the td Ameritrade lesson video that you viewed. The top clients in each local market were contacted by staff members from regional td Ameritrade offices to encourage them to take part. This is an example of personal selling promotional tool.
What is video?
An electronic format called video is used to record, reproduce, playback, broadcast, and display moving visual content. The video was initially created for mechanical television systems, which were swiftly replaced by cathode-ray tube (CRT) systems, which were thereafter replaced by various forms of flat panel displays.
Different video systems have different display resolution, aspect ratio, refresh rate, color capabilities, and other features. In addition to radio broadcasts, magnetic tapes, optical discs, computer files, and network streaming, analog and digital varieties are also available. Although various other technologies for video display devices have subsequently been developed, video technology was initially created for mechanical television systems. These systems were quickly supplanted by cathode-ray tube (CRT) television systems. Originally, video was only a live event.
assume there are two internet radio providers that operate in this market. if they are able to collude on the quantity of subscriptions that will be sold and on the price that will be charged for subscriptions, then their agreement will stipulate that a. each firm will charge a price of $20 and each firm will sell 3,000 subscriptions. b. each firm will charge a price of $40 and each firm will sell 1,500 subscriptions. c. each firm will charge a price of $32 and each firm will sell 2,000 subscriptions. d. each firm will charge a price of $40 and each firm will sell 3,000 subscriptions.
The agreement of two internet radio will stipulate that each firm will charge a price of $40 and each firm will sell 3,000 subscriptions.
What is the collusion?A non-competitive, covert, and occasionally unlawful agreement between competitors that aims to upset the market's equilibrium is known as collusion. The act of collusion involves individuals or businesses that would ordinarily compete with one another but who conspire to work together to obtain an unfair competitive advantage.
The term "collusion" describes arrangements, plots, or agreements amongst sellers to increase or fix prices and to decrease output in an effort to boost profits. When oligopoly companies make decisions together and behave as if they were one company, collusion has taken place. In order to limit output and reach the monopoly price, collaborating enterprises must have an agreement—either explicit or implicit—between them.
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The complete question is:
Quantity Price (per year)
0 $64
1,000 $56
2,000 $48
3,000 $40
4,000 $32
5,000 $24
6,000 $16
7,000 $ 8
8,000 $ 0
Refer the above table. Assume there are two internet radio providers that operate in this market. if they are able to collude on the quantity of subscriptions that will be sold and on the price that will be charged for subscriptions, then their agreement will stipulate that a. each firm will charge a price of $20 and each firm will sell 3,000 subscriptions. b. each firm will charge a price of $40 and each firm will sell 1,500 subscriptions. c. each firm will charge a price of $32 and each firm will sell 2,000 subscriptions. d. each firm will charge a price of $40 and each firm will sell 3,000 subscriptions.
chipman inc. produces water pumps. overhead costs have been identified as follows: activity pool cost material handling $ 65,000 material maintenance $ 95,000 setups $ 75,000 activity driver activity number of moves 400 number of machine hours 38,000 number of production runs 60 chipman makes 3 models of pumps with the following details: economy standard premium units produced 10,000 20,000 3,500 number of moves 100 125 175 machine hours 9,000 22,000 7,000 production runs 5 20 35 required: a. calculate the activity rate for each activity. (round your answers to 2 decimal places.)
A. Activity rate
Material handling (65000/400) 162.50 per move
Machine maintenance (95000/38000) 2.5 per hour
Setup (75000/60) 1250 per run
B. Allocated overhead
Models Cost
Economy (162.5*100+2.5*9000+1250*5) 45000
Standard (162.5*125+2.5*22000+1250*20) 100312.50
Premium (162.5*175+2.5*7000+1250*35) 89687.50
The activity rate for Activity-Based Costing is calculated by dividing the cost from Tier 1 cost allocation by the activity metric for each activity cost pool. To calculate the overhead rate, divide his company's total overhead costs for the month by the monthly revenue. Multiply that number by 100 to get the overhead rate. Unit cost is calculated by dividing the total amount for each activity cost pool by the number of activity cost driver units.
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contracts that cannot be performed within 1 year of acceptance must be in-writing...? t (true) f (false)
A contract does not need to be in writing to be enforceable if the contract makes performance within one year possible.
A bilateral, executory contract that cannot be carried out within a year of its creation is subject to the statute of frauds and requires written documentation. Most agreements must be in writing in order to be legally binding. A contract must be in writing if its conditions make it impossible to finish it within six months. Oral or written agreements can be made to sell land for less than $500.In a nutshell, the answer is yes—oral contracts are legitimate.As was previously said, a contract need not be in writing if it is indefinite, meaning that there is no set expiration date.
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according to data in exhibit 6-3 and assuming the total number of workers is 8,400, the civilian labor force is:
According to data in exhibit 6-3 and assuming the total number of workers is 8,400, the civilian labor force is 8,000.
What Is the civilian labor force?
The Bureau of Labour Statistics (BLS) uses the phrase "civilian labour force" to group the civilian population of the United States into employed and jobless groups. The civilian labour force does not include members of the armed forces, federal employees, retirees, crippled or demoralised workers, or farm labourers.
Who is not allowed to work in the civilian sector?
The term "civilian labor force" refers to any employed or jobless people who aren't in the military on active service, as well as institutionalised people, people who work in agriculture, and people who work for the federal government. The civilian labour force does not include retired people, those with disabilities, or discouraged employees.
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you wish to accumulate $50,000 in an ordinary annuity which pays 12% interest compounded quarterly. you wish to make periodic payments at the end of each quarter for 8 years. the formula for an ordinary annuity is . what is the value for that you will use?
The value of n which I will use is 32 in the given formula of ordinary annuity.
We know that formula for ordinary annuity is
FV = [tex]\frac{P[ (1+ \frac{r}{m})^m^T-1]}{\frac{r}{m} }[/tex]
where FV is future value, P is present value, r is interest rate, T is number of years, m is number of periods based on compounding frequently.
In the given problem r%= 12%
⇒ r = 0.12
⇒ T = 8 years
⇒ m = compounded quarterly
⇒ m = 4
⇒ mT = 8×4= 32
Given ordinary annuity formula is
[tex]S= R[ \frac{(1+i)^n - 1}{i}][/tex]
where i = r/m = 0.12/4 which is 0.03
⇒ n = mT = 8×4 =32
Hence, the value of n used will be 32.
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pierre's calzone company has been growing rapidly. pierre has always provided job responsibility and work policy training to new employees in one on one settings, but lately it has been difficult due to the number of employees being hired. how should pierre proceed?
He should create a formal new employee onboarding program.
Whom do you refer to as an employee?
Meaning of the word "employee" A person who is paid to work for another person or business is an employee. Employees need only be paid by an employer for their labor in order to qualify as employees; they are not required to work full-time (the person or business that pays them).
What sort of worker, for instance?
A salesperson at a retail establishment is an example of an employee. The worker is seen as an employee since they have to do activities in a precise way, such wearing name badges and greeting customers in a certain way.
Who are the employers and employees?
An employer is a person, business, or other entity that hires workers and compensates them for their labor. Employees are those who are paid to perform labor.
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which of the following is NOT one of the benefits to a firm of new product development
reduced costs of production
satisfying the changing needs of current and new customers
creating diversification and reducing risk
It is possible to expand into new markets, gain market share, sell more items, and generate more income by developing new products. Meanwhile, revamping current items allows for cost reduction, margin expansion, and eventually higher profitability.
Innovation is the process through which concepts are turned into fresh goods and services to support business expansion. The traditional normal distribution, sometimes known as the "bell curve," is frequently used to represent the adoption process over time. According to the paradigm, "innovators" are the first users of a new product, followed by "early adopters." The stages of product development may differ based on the level of concept maturity in different new product development processes. The process of developing a new product often starts with a concept research, is followed by the development of a prototype, the real productization, production, and sales support.
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to maximize profit, a competitive firm hires workers up to the point of intersection of the a. marginal product curve and the wage. b. value of marginal product curve and the marginal revenue curve. c. total revenue curve and the wage. d. value of marginal product curve and the wage
To maximize profit, a competitive firm hires workers up to the point of intersection of the (d) value of marginal product curve and the wage line.
The correct option is 'd'.
Product curves are upside-down, bowl-fashioned curves that show the connection among extra inputs, which includes labor or capital, and how much of a terrific is certainly produced. Product Curve.
Product curves show the relationship among output and the quantity of a aspect; they consequently have the issue amount at the horizontal axis. cost curves show how costs vary with output and for that reason have output at the horizontal axis.
The TP (general product) curve represents the entire quantity of output (give up end result) that an organization can manufacture inside a supplied amount of labour. As and when the amount of labour changes, the total output adjustments.
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Chapter 1 Assignment For your Chapter 1 assignment please complete the following questions. Once you complete the questions submit the assignment through Canvas. This is a 10 point assignment. Question 1 (two points): In your own words, describe the difference between labor resources and capital resources Question 2 (five points): In the following table choose the correct type of resource illustrated by each example. Capital Resources Entreprencursh ip Natural (land) Labor Resource resources Oil that needs to be extracted for the production of gasoline The efforts of a construction worker building a house A person who uses her life savings to start a new business A musical instrument used by a professional band The machinery in a petrochemical plant Question 3 (three points): Use the following scenario to identify if transactions take place in a product market or a factor market Ana carns $900 per week working as a programmer for PC Pros. She uses $8 to order a mojito cocktail at Little Havana. Little Havana pays Yakov $350 per week to wait tables. Yakov uses $400 to purchase software from PC Pros. Identify whether each of the following events in this scenario occurs in the resource markets or the product markets. Product Markets Factor Markets Event Yakov spends $400 to purchase software from PC Pros. Yakov eams $350 per week working for Little Havana. Ana spends $8 to order a mojito cocktail.
The resources that make up the foundation of the economy and are used by people to generate products and services are called factors of production. The four kinds of elements of production that economists distinguish between are land, labor, capital, and entrepreneurialism.
Natural resources are referred to as "land," "labor" is defined as "work effort,” and "capital" is everything created that is utilized to create anything else. Entrepreneurship, the fourth resource, is the capacity to combine the first three resources to produce value. Entrepreneurs generate an item or service for consumers using land, labor, and capital. Land, labor, capital, and entrepreneurship are the four components of production according to economists. These might be seen as the foundation of an economy. Three kind of capital resources predominate: intellectual capital, human capital, and physical capital resources (such as machinery, tools, etc). (shared information among employees).
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The rate of return on which one of the following is used as the risk-free rate? A. U.S. Treasury bill B. Long-term government bond C. Inflation, as measured by the Consumer Price Index D. Long-term corporate bonds
The rate of return is used as the risk-free rate on A. U.S. Treasury Bill.
The United States Department of the Treasury issues United States Treasury securities, often known as Treasuries or Treasurys, to support government spending as an alternative to taxation. The Bureau of the Fiscal Service, which replaced the Bureau of the Public Debt, has been in charge of managing U.S. government debt since 2012.
Treasury bills, Treasury notes, Treasury bonds, and Treasury Inflation Protected Securities are the four categories of marketable Treasury securities (TIPS).
Treasury notes (T-notes) are sold in $100 increments and have maturities of 2, 3, 5, 7, or 10 years. They also feature a coupon payment made every six months. T-note values are listed as a percentage of the par value in thirty-seconds of a dollar on the secondary market.
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monitoring other expense cost per guest is especially useful when an a. operation's variable costs exceed its fixed costs. b. operation's fixed costs exceed its variable costs. c. operation collects revenue on a daily basis. d. an operation does not collect revenue on a daily basis.
Monitoring Other Expense Cost Per Guest is especially useful when an operation's variable costs exceed its fixed costs.
Variable costs are expenses that alter when the volume of an item or service a company produces fluctuates. The total of marginal costs across all units produced represents variable costs. They might be regarded as typical expenses as well.
Total cost is divided into two parts: fixed costs and variable costs. Costs that are directly related to a certain cost object are known as direct costs. But not every variable cost is a direct expense. Overhead and direct labour are sometimes referred to as conversion costs, but prime costs are frequently used to describe direct material and direct labour.
Hence the correct option is A.
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Which of these is NOT one of the basic functions of the management process? a. staffing b. inspecting C. controlling O d. leading
B. Inspecting is not one of the basic functions of the management process.
The basic functions of the management process are planning, organizing, leading, and controlling. Planning involves setting goals and objectives and determining how to achieve them. Organizing involves allocating resources and assigning tasks.
Leading involves motivating and inspiring employees to achieve goals. Controlling involves monitoring progress and taking corrective action when necessary.
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