As a result of devotion to a high standard of moral behaviour in business partnerships, the brand "REALTOR®" now signifies competence, justice, and high integrity.
How would one define competence?
The degree of competence of a person is defined as their capacity to utilise their education, experience, skills, and knowledge to do a task in a safe manner. Additional factors like attitude and physical prowess can also have an impact on competence. You need specific methods of thinking or acting to be successful at a task or job. For instance, if you work in sales, your capacity to gain the confidence of clients will affect the volume of business you bring in. To be successful in that role, you'll need some degree of credibility-building abilities.
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Calculating unlevered free cash flows is crucial when conducting a DCF valuation. - Open the attached Excel file and go to the worksheet labeled: 10-UFCF Net income Using the net income method, calculate the unlevered free cash flow for Year 2 . Assume all taxes are current. $16,388$11,798$13,547$14,798
Free cash flow comprises net income plus depreciation and amortization adjusted cash flow, and capital spending.
Add back interest payments or cash flows from loan to get unlevered cash flow. Depreciation is a term used in accounting to describe two different aspects of the same idea: first, the actual decline in fair value of an asset, such as the annual loss in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's initial cost to the periods in which it is used. As a result, depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment), over the course of the asset's useful life, and a drop in the value of assets. Long-term assets are written off by companies for accounting and tax reasons.
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How do you calculate unlevered free cash flows for DCF analysis?
sometimes, selecting objects on the graphs reveals additional information, such as the coordinates of a point, the slope of a line, or the x- and y-intercepts. be careful when interpreting these values, however, because they do not take into account the units of the axes. for example, you can select the coordinates of the black point (plus symbol) you placed on the graph previously to see that the intersection of the curves occurs at the point representing a quantity of boxes. working with points once you have placed a point on the graph, you can adjust its position by selecting the point again and repositioning it, or you can drag it off the graph entirely to remove it. within the graph, the point will automatically snap to certain locations, or snap points. that is, you may be able to plot only coordinates that occur at multiples of 5 or whole numbers or sometimes even aperiodic intervals such as 1, 2, and 6. on the given graph, it possible to plot the black point (plus symbol) on the coordinates representing 21 thousand boxes and a price of $15. working with lines as with individual points, the control points that define a line can be placed only on the snap points of the graph. often (though not always), snap points coincide with the intersection of grid lines. you are graded on the position of the line itself, not the position of the control points along the line. on the following graph, place the green line (triangle symbol) directly on top of the upward-sloping line you are given. hint: make sure you plot the green line at the grid lines. line 1 line 2 0 6 12 18 24 30 36 42 48 54 60 24 21 18 15 12 9 6 3 0 price (dollars per box) quantity (thousands of boxes) true or false: the vertical intercept of the line will always be a snap point. true false adjusting lines once you have placed a line on the graph, you can move the entire object without changing the slope by selecting any part of the line other than the control points, and then dragging it up, down, left, or right to the desired location. to remove the line from the graph entirely, you can select either a control point or the line itself and drag it off the graph. place the purple line (diamond symbol), labeled line 2, on top of line 1. then, without selecting the control points, shift line 2 up by $3 at every quantity. understanding graph grading after you hit the check answer button, each palette icon will be marked with either a green check or a red x, indicating whether that object was placed correctly or incorrectly on the graph. in addition to the standard explanations that appear for all questions, a correct version of the graph will also appear next to each graph you constructed. select this graph (labeled correct answer) to swap its position with that of the graph you submitted and to see an enlarged version of it. to switch back to the view with your graded graph being enlarged, select the smaller graph now labeled your answer. note: not all graphs are graded, some are simply given to you to assist with answering the rest of the question. unless the instructions tell you that a particular graph is not graded, assume that it will be graded. which of the following statements regarding the graphs tool are correct? check all that apply. the correct version of a graded graph will appear after you place the final element on the graph. all graphs contain at least one graded element. once you select the correct answer graph, you can return to the view where your answer is larger by selecting the your answer graph.
The primary method of graphing a straight line is to prepare a table (or T-chart) of x-values and y-values to obtain points.
And plot these point. When dealing with straight lines, with constant (never changing) slopes, only a few moments (actually only two) are needed to produce the line. At first glance, it appears that this line is not a candidate for the Slope-Intercept Form. But, if we use our algebra skills, we can rewrite this equation to fit the Slope - Intercept Form of y = MX + b.
We need the equation to be "y = ", not "3y =". If we divide ALL terms by 3, we will get the equation we need.
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Which of the following is not a factor that influences how frequently or infrequently capacity choices are made?Multiple Choicetechnological changesupply chain disruptionstability of demandproduct designcompetitive factors
Supply chain disruption is not a factor that influences how frequently or infrequently capacity choices are made.
What is supply chain disruption?
Any circumstance that prevents the manufacture, sale, or distribution of goods constitutes a supply chain disruption. Events like pandemics, regional conflicts, and natural disasters can all cause supply chain interruptions. Any interruption in the flow of a process involving any of the entities involved in the manufacturing, sales, and distribution of a particular good or service is known as a supply chain disruption.
Supply chain disruptions are now more pervasive and pose a threat to the stability of the economy in addition to being an industrial issue.
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which of the following statements is correct regarding the effect of the generation-skipping transfer tax on transfers in trust? a trust can be a skip person if all future trust distributions can only be made to skip persons. a trust can be a skip person if all current beneficial interests in the trust are held by skip persons. a trust can only be a non-skip person. a trust can be a non-skip person if any non-skip person holds an interest in the trust.
Statements are correct regarding the effect of the generation-skipping transfer tax on transfers in trust -
A trust can be a skip person if all future trust distributions can only be made to skip persons.
A trust can be a skip person if all current beneficial interests in the trust are held by skip persons.
What is the reason for the generation-skipping transfer tax?
Gifts of property to a "skip person," whether made during a person's lifetime or after death, trigger the generation-skipping tax.
Someone who is two generations or less removed from the transferor is referred to as a skip person. The most typical skip individuals are grandparents and great-grandparents.
What benefit does generation-skipping offer?
A generation-skipping trust is an effective estate planning instrument, particularly for people with sizable estates.
They are an excellent strategy to save your family from having to pay inheritance taxes twice—once when the estate passes to your children and once again when it does so to your grandkids.
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there is another term that you will often encounter when performing time value of calculations: type.the type term used in excel time value functions is used to represent the
The time value of money is a fundamental financial concept, and the term "type" is used to indicate when payments are due.
In a certain nation or socioeconomic setting, money is any tangible object or verifiable record that is commonly accepted as payment for products and services as well as repayment of debts, such as taxes. The main characteristics that set money apart are its use as a medium of commerce, a unit of account, a store of value, and occasionally as a benchmark for delayed payment. Since almost all modern monetary systems are based on unbacked fiat money with no inherent value as a good or service, money was historically an emerging market phenomena with intrinsic worth as a commodity. Since it has been deemed legal tender by a government or regulatory body—in the case of the US dollar, this means it must be accepted as payment inside the nation's borders for "all debts, public and private," as the term implies—its value is derived by social convention. The value of legitimate currency can be diminished by situations that undermine public faith, such as the proliferation of counterfeit notes or internal hyperinflation.
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your lifelong friend, felix, plays several sports sponsored by the local park and recreation department. felix is very excited about your plan to open a golf shop and wants to support you in that endeavor. felix is not interested in working at the shop but has some savings and offered to make you a loan. this may be a solution to your needs for funds, if you do which of the following? check all that apply. even though the money is coming from someone who knows you well and trusts you, having a repayment plan and treating the loan as a business agreement is wise. the best way for a friend to be supportive of your new business is to become a co-owner of the business, rather than making a loan. to start a new business, it will be easier to obtain a loan from felix than getting a bank loan. borrowing money from a friend to start a business is never a good strategy; it usually results in disputes and harms the friendship.
Having a written agreement when borrowing money from a friend is an important step in ensuring a clear understanding of the terms of the loan. This will help protect both parties from any misunderstandings or disputes that may arise.
The contract should include details such as loan amount, repayment schedule, interest rate (if any), purpose of the loan and other related details. A written contract will also help manage expectations between both parties and provide a clear record of the loan in case of any legal disputes. A written contract will also ensure that both parties are aware of their rights and responsibilities and that the loan is treated as a business transaction, not a personal one.
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Add another data series to the chart to represent the number of items ordered. Use the value of cell B1 as the series name and cells B2:B4 as the series values. Do not rebuild the chart from scratch.
However, I can provide you with general instructions on how you can add another data series to a chart in Excel.
First, you will need to have the data for the number of items ordered in a separate column or row on the same worksheet as the existing chart data.Next, select the chart by clicking on it.On the Chart Tools Design tab, in the Data group, click the Select Data button.In the Select Data Source dialog box, click the Add button.In the Series Name field, enter the value of cell B1, and in the Series X or Series Y values field, select the range of cells B2:B4 that contain the data for the number of items ordered.Click OK to close the dialog box and add the new data series to the chart.Finally, you may want to adjust the chart's legend, axis labels, or other elements to include the new data series.Keep in mind that these are general instructions and the exact steps may vary depending on the version of Excel you are using, or the type of chart that you have created in excel.
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Carol Co. prepares a statement of cash flows starting with net income and then adjusting for items that do not affect cash. Carol Co. is using the _______ method of reporting the statement of cash flows.
Incomes from working exercises make changes in accordance with total compensation and prohibit non-cash things like deterioration and amortization, which can distort an organization's genuine monetary position.
Under the accumulation premise of bookkeeping, total compensation is typically equivalent to net income from working exercises. An organization can switch net gain over completely to net income from working exercises through either the immediate technique or the backhanded strategy.
Deterioration cost isn't found in the supporting exercises segment of the income articulation as it is a working thing and changes in accordance with pay in the event that the backhanded technique is utilized.
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Answer: the indirect method
Explanation:
This model is useful in comparing performance money managers on a risk-adjusted basis and can be used by itself. A number above 0.00 indicates the manager had better performance than would be expected given the risk he or she took, while a number below 0.00 indicates the manager had worse performance than would be expected given the risk he or she took.
The Sharpe ratio relates investment return to risk. It mathematically expresses the idea that excess returns over time may indicate greater volatility and risk than investing expertise.
As part of the capital asset pricing model (CAPM), economist William F. Sharpe introduced the reward-to-variability ratio in 1966. CAPM earned Sharpe the 1990 Nobel Prize in economics.
The Sharpe ratio's numerator is the difference over time between realized or projected, returns and a benchmark like the risk-free rate of return or a certain investment category. The standard deviation of returns over the same period is its denominator, measuring volatility and risk.
The Sharpe ratio is one of the most widely used methods for measuring risk-adjusted relative returns. It compares a fund's historical or projected returns relative to an investment benchmark with the historical or expected variability of such returns.
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If the regulated price for a natural monopoly is set where the marginal cost curve intersects the demand curve, the firm will certainly a. shut down in the long run b. shut down in the short run c. produce the quantity at which marginal revenue equals average total cost d. increase its output e. make a profit
The firm will certainly produce the quantity at which marginal revenue equals average total cost.
What is marginal revenue?
Marginal revenue is the additional revenue that a firm receives from selling one additional unit of a good or service. It is the change in total revenue resulting from the sale of one additional unit and is equal to the additional revenue generated from the last unit sold. Marginal revenue can be calculated by dividing the change in total revenue by the change in the quantity of goods sold. It is an important concept in economics and business, as firms seek to maximize profit by determining the optimal quantity of goods to produce and sell. For firms operating in a perfectly competitive market, marginal revenue is equal to the price of the good or service, since the firm is a price taker. For firms operating in a monopolistic market, marginal revenue is less than the price of the good or service, as the firm is a price maker.
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The Bensington Glass Company entered into a loan agreement with the firm's bank to finance the firm's working capital. The loan called for a floating rate that was 26 basis points (0.26 percent) over an index based on LIBOR. In addition, the loan adjusted weekly based on the closing value of the index for the previous week and had a maximum annual rate of 2.22 percent and a minimum of 1.78 percent. Calculate the rate of interest for weeks 2 through 10.
Date LIBOR
Week 1 1.93%
Week 2 1.68%
Week 3 1.53%
Week 4 1.38%
Week 5 1.59%
Week 6 1.69%
Week 7 1.68%
Week 8 1.89%
Week 9 1.89%
The rate of interest for week 2 is?
The rate of interest for week 2, given the LIBOR in Week 2 and the basis point, would be 1. 94 %.
How to find the rate of interest ?The London Interbank Offered Rate or LIBOR is used as a reference point for loan instruments around the world including the loan agreement entered into by Bensington Glass Company.
The rate of interest in week 2 would be:
= LIBOR + Basis point to be added
= 1. 68 + 0. 26
= 1. 94%
The rate of interest on the loan agreement is therefore 1. 94%.
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For each scenario, first label if it creates a producer or a consumer surplus. Then, after you have labeled the scenario, calculate the ensuing surplus. Alice is willing to spend $30 on a pair of jeans, and has a coupon for $10 off she found online. She selects and purchases a $35 pair of jeans, pre-discount.
The consumer surplus is calculated by subtracting the amount the consumer is willing to pay from the amount the consumer actually pays. In this case, the consumer surplus is $25 (Alice's willingness to pay of $30 minus the amount she actually paid of $5).
What do you mean by consumer surplus ?
Consumer surplus is a measure of the economic benefit that a consumer receives from making a purchase. It is the difference between what the consumer is willing to pay for a good or service and what they actually pay. It is an economic concept that helps to measure the welfare of a consumer. It measures the difference between what the consumer is willing to pay for a good or service and the price they pay for it. It is an indicator of the consumer's welfare as it captures the benefit that the consumer receives from making a purchase. It is a measure of the extra value that a consumer gains from the purchase.
So, The required answer is $25 .
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Assume that the reserve requirement is 10 percent. Marwa deposits $1 million in cash into her checking account at First Bank. The deposit will initially increase excess reserves at First Bank byA $100,000 B $900,000 C $1 million D $9 million E $10 million
The deposit will initially increase excess reserves at first bank by C $1 million.
What is deposit?Deposit is an act of placing money into an account with a financial institution. It can be done in a variety of ways, such as cash, check, electronic transfer, and even debit card. Deposits form the basis for many financial transactions, such as borrowing and lending, investments, and savings. Deposits are often required for a variety of financial transactions, such as opening a bank account, taking out a loan, or making an investment. Deposits can also refer to the deposits of items other than money, such as stock certificates, bonds, or other securities. Deposits are typically held in an account and earn interest, allowing the depositor to earn money while their funds are held in the account.
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which of the following would be the most accurate way for you to explain a benefit trigger to a prospect?
A benefit trigger is an occurrence or a condition that must occur before benefits are paid. This would be the most accurate way for you to clarify a benefit trigger to a prospect.
Prospect theory speaks out that investors value proceeds and losses differently. That is if an investor is introduced to an investment choice based on potential gains, and another based on potential losses, the investor will select an investment where potential gains are exemplified. It's useful for investors to comprehend their biases, where losses tend to induce a greater emotional effect than the equivalent gain. The prospect theory assists describe hows judgments are made by investors. Prospect theory is an aspect of the behavioral economic subgroup.
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Thereare four ways that business is being integrated with mission. Identify which ofthe four ways best fits the descriptions below.a. Tentmaking c. Marketplace Ministryb. Businessas Mission (BAM) d. Microenterprise Development_____Values well-run businesses as redemptive in society.
Business as Mission (BAM) Values well-run businesses as redemptive in society.
Option B is correct.
What is mission-driven business?A strategy with the specific goal of transforming individuals and communities is known as "business as mission." spiritually, financially, socially, and environmentally – for God's glory, through profitable, long-lasting businesses with Kingdom of God values, goals, and effects. centered on transformation as a whole and the many benefits of economic, social, environmental, and spiritual outcomes; Concerned about the poorest and least evangelized populations in the world.
What role does the mission play in the business plan?Your company's mission statement explains what it does, how it does it, and who it helps. It shows how much your product or service is worth as a whole. Your company will realize its vision if it adheres to its mission. When writing your mission statement, keep in mind to be concise, clear, and specific.
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While you are reading the Wall Street Journal, you notice that yields on almost all corporate and Treasury bonds have decreased. The yield decreases may be explained by which one of the following: A. Fed expected to raise interest rates. B. decreased Japanese purchases of U.S. Treasury bills/bonds. C. a decrease in U.S. inflationary expectations. D. an increase in current and expected future returns of real corporate investments. E. increases in the U.S. government budget deficit.
The yield decreases may be explained by C. a decrease in U.S. inflationary expectations.
Which of the following could explain the yield declines?Inflation is one of the most important factors in determining the value of bonds. When inflationary expectations decrease, bond yields also decrease as investors expect to receive lower returns for their investments.When inflationary expectations decrease, investors are willing to purchase bonds with lower yields, as the real return of their investment increases.The other factors listed are not likely to be the cause of the yield decreases.A. Fed expected to raise interest rates would actually lead to an increase in bond yields, not a decrease.B. decreased Japanese purchases of U.S. Treasury bills/bonds would not lead to a decrease in yields on corporate and Treasury bonds, as the purchases of Treasury bills/bonds are not related to corporate and Treasury bond yields.D. an increase in current and expected future returns of real corporate investments would not necessarily lead to a decrease in bond yields.Finally, E. increases in the U.S. government budget deficit would not necessarily lead to a decrease in bond yields, as the government can still borrow at low rates in times of deficit.To learn more about the Fisher Effect refer to:
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"Who Should be on the Change Management Team?" Assume you are a consultant hired for a small division in a company going through a radical organizational change. Based on the data provided in Data—Social Networks and Commitment to Change.Analyze: the structure of social network (e.g., density, sub-groups, and their connections), the key network roles of participants (e.g., central connectors and information brokers), and the implications for communicating/managing change the level of commitment to change of the employees (e.g., supporters, fence-sitters, or resisters) and the implications for communicating/managing changeThen- RespondBased on both analyses, list at least five people who you think should be included in the change management team.
Supporters and individual administrators are the two jobs that collaborate straightforwardly with people who need to change. The affected model crowds are the evident thespians in the change stage.
Backers and individual administrators convey correspondence, and backing and mentor groups through their advances.
To guarantee a positive outcome as a change supervisor, you ought to have broad involvement with getting ready conjectures and can liaise with staff, the executives, and the undertaking group to expand representative reception.
While the change administrator could conceivably have administrative obligations, they should work with and through numerous others in the association to succeed. Going about as a mentor for senior pioneers and leaders, the change supervisor assists them with satisfying the basic job of progressing the executives' support.
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if a perfectly competitive firm and a monopolistic competitive firm face the same demand and cost curves, then group of answer choices both the perfectly competitive firm and the monopolistic competitive firm will attain resource-allocative efficiency. neither the perfectly competitive firm nor the monopolistic competitive firm will attain resource-allocative efficiency. the perfectly competitive firm will attain resource-allocative efficiency, but the monopolistic competitive firm will not. the perfectly competitive firm will attain resource-allocative efficiency, but the monopolistic competitive firm may or may not, depending upon the demand for its product. the perfectly competitive firm will not attain resource-allocative efficiency, but the monopolistic competitive firm will.
Perfectly competitive firm will attain resource allocative efficiency because it charges Price which is equal to its Marginal Cost. Thus, the output produced by the Perfectly Competitive firm is efficient.
What are monopolistic competition's two demand curves?
First off, despite the fact that both a monopolist and a monopolistic competitor face downward-sloping demand curves, the monopolist's demand curve is the market demand curve whereas the perceived demand curve for a monopolistic competitor is based on the degree of its product differentiation and the number of rivals it encounters.
What Is Monopolistic Competition?
When numerous businesses provide competing, similar-but-inadequate-substitute goods or services, monopolistic competition exists.
Entry barriers are low in monopolistic competitive industries, and decisions made by one firm do not directly affect those of its rivals.
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The main challenge with fact-based objectives is that many firms find future opportunities in markets where there is an existing set of customers.
Truefalse
The main challenge with fact-based objectives is that many firms find future opportunities in markets where there is an existing set of customers False.
How may organizational objectives be used to assist create goals such that all company-wide initiatives point in the same direction?Organizational objectives aid in establishing goals so that all corporate-wide initiatives point in the same direction.
aid in the accomplishment of that goal.
Assess the achievement of the goal.
Monitor and evaluate the main outcomes.
How are objectives and goals determined in order to make a competition appropriate?The organizing, leading, and controlling stages must handle goals and objectives as well if they are to be met and genuinely enhance the competitive position of the company. Several factors, including the firm's organizational structure, might influence aims and objectives.
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which of the following is true of libreoffice? it cannot work with microsoft office files. it is expensive. it can be challenging to find support because it is an open source application. it has a very limited user base.
It can be challenging to find support because it is an open source application is true of libreoffice.
Option C is correct.
What is the purpose of LibreOffice?LibreOffice is a full-featured office productivity suite that can be downloaded for free. Open Document Format (ODF), an open standard that is being adopted by governments all over the world as a required file format for publishing and accepting documents, is its native file format.
What is an example, like LibreOffice?Open source software includes LibreOffice. Older versions of software can read any file created by newer versions. A find-and-replace tool is included in the majority of word processing applications, allowing you to locate and replace specific text.
Question incomplete:which of the following is true of libreoffice?
A.it cannot work with microsoft office files.
B. it is expensive.
C. it can be challenging to find support because it is an open source application.
D. it has a very limited user base.
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the accounts on the trial balance are listed with assets followed by liabilities and then equity related accounts.
Assets are listed first on the trial balance, followed by liabilities, and finally equity-related accounts. The trial balance is used to generate the financial statements.
The accounts on the trial balance should be listed in the following order: assets, liabilities, equities, dividend, income, and expenses. The most liquid asset in the category of assets is listed first, while the least liquid one is listed last. Liabilities having the earliest maturities are displayed first within the liabilities. Keep in mind that the closing balance of the ledger cards is where the totals for the Credit and Debit entries are derived. When employing T-accounts, the accounts has a Debit if the left hand side is larger. The accounts has a Credit balance if the right hand side is larger. When employing ledger card, you will compute the balance following each transactions and the balance at the end of the day. A company's assets are its possessions, and its liabilities are its debts. Both are shown on a balance sheet, which is a financial statement showing details the state of the business's finances. Equity, often known as an owner's net worth, is equal to assets less liabilities.
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matching. 1 . monopoly what a business has earned above all costs 2 . market the business of buying and selling. 3 . service a job where work is done for others. 4 . consumer merchandise or products bought and sold. 5 . goods the only seller of a particular good or service in a market. 6 . profit a person who makes purchases and uses goods and services
Answer: The correct matching would be-
1. Monopoly- the only seller of a particular good or service in a market.
2. Market- the business of buying and selling
3. Service- a job where work is done for others.
4. Consumer- a person who makes purchases and uses goods and services
5. Goods- merchandise or products bought and sold
6. Profit- what a business has earned above all costs
Explanation:
The explanation is quite evident. Monopoly is the right owned by a seller over his goods/services.
A market is a place where people buy or sell things and where the exchange of goods and services takes place.
Services are offered to consumers and for consumers.
A consumer is a person who buys goods and services to fulfill his everyday needs.
Goods are the products that are bought and sold, for example- furniture.
Profit is the amount earned after deducting all the costs.
suppose that michelle buys a cappuccino from paul's cafe and bakery for $4.25$4.25 . michelle was willing to pay up to $8.75$8.75 for the cappuccino, and paul's cafe and bakery was willing to accept $1.25$1.25 for the cappuccino. based on this information, answer the following questions.
The cappuccino cost $2.25 at Paul's Cafe and Bakery, but Michelle was willing to pay up to $8.75 for it. Given this information
Which "information" definition is the best?
information given or received concerning a particular event, circumstance, or fact; information about a crime; news. He is incredibly knowledgeable about general information. knowledge obtained via research, communication, inquiry, instruction, etc.; factual information.
Data is altered to become knowledge. Information is a group of processed data that has been gathered to address a particular requirement. Information is prepared, arranged, or presented in a certain context in order to make it comprehensible and useful.
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if a u.s. corporation wishes to issue eurodollar bonds, which of the following statements are true? a. the corporation will be subject to currency risk. b. the corporation will not be subject to currency risk. c. the issue must be filed with the sec. d. the issue need not be filed with the sec.
The corporation will not be subject to currency risk and the issue need not be filed with the sec. are the statements true about US corporation.
Option A and D is correct.
A U.S. corporate issuer will not be exposed to foreign exchange risk, regardless of the country of issuance, because Eurodollar bonds are denominated in U.S. dollars. Additionally, the issue has not been registered with the SEC because the bonds were issued outside of the United States.
What exactly is a US company?A corporation organized and operating under the laws of the United States, any of its states, or the District of Columbia is a US corporation.
What does "corporation" mean?A corporation is a legal entity that was established for profit by shareholders, stockholders, or individuals. Contracts can be signed by corporations, they can sue and be sued, they can own assets, pay federal and state taxes, and they can borrow money from financial institutions.
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exercise 1-8 (algo) applying measurement principle and revenue recognition principle lo c2 byrde company purchased a truck. the seller asked for $14,000, but byrde paid only $13,000 after negotiation. the owner of byrde company believes he got a great deal and the truck is really worth $18,000. what amount does byrde record on its financial statements for the truck? snell company performs and completes services for a client in may and bills the client $4,000. in june, the client makes a partial payment of $1,800 cash for the services. in july, the remaining $2,200 cash is paid. determine the monthly revenue recorded in may, june, and july for this service.
Bryde company-
The amount that should be recorded on the financial statement for the truck is $13,000.
Given that,
The asked value is $14,000.
The Company paid the amount of $13,000.
The great deal amount should be $18,000.
Since the truck was purchased for $13,000 so the same amount should be recorded on the financial statements.
Therefore we can conclude that the amount that should be recorded on the financial statement for the truck is $13,000.
Snell company-
Here are the monthly revenues recorded by the Snell Company for this service to its customers in May, June and July:
May = $4,00
June = $0
July = $0
Data and Calculations:
Date of service completion and billing = May
Partial payment of $1,800 = June
Balance payment of $2,200 = July
Thus, Snell Company should recognize the revenue fully in the May.
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which factor of production to the risk taking and management component of production chapter 15
The factor of production to the risk taking and management component of production :Entrepreneurship as a Factor of Production.Entrepreneurs are important because they are the ones taking the risk of the business and identifying potential opportunities. The income that entrepreneurs earn is called profit.
At its most basic level, entrepreneurship refers to a person or a small group of partners who choose a fresh path to launch a new business. Assuming the majority of the project's risk, an ambitious entrepreneur actively seeks for a particular business opportunity. The role of innovation in entrepreneurship is significant. By encouraging "intrapreneurship," large organisations may try to imitate this trait. Employees are urged to cultivate an entrepreneurial mindset and establish a distinctive point of view that could inspire a novel idea for the business. The company may give these employees more autonomy, but it still retains control over the project and assumes all associated risks. Small enterprises and large corporations gain from the efforts of entrepreneurs.
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In terms of distribution, when marketing channel members are engaged in buying, selling, and risk taking, they are performing __________ functions.
O facilitating
O affiliative
O logistical O marketing
d
The distribution company concept serves as a summary for possible business partners or investors and includes the transactional, marketing, and enabling activities.
They have enough knowledge from it to decide whether or not to carry out the suggested plan. As a result, your idea statement should grab the attention of your audience while also supporting the investors' choices.
Distribution is essential to a company's ability to satisfy its clients and turn a profit. Customer satisfaction from a distribution standpoint entails optimising time and place utility to the organization's suppliers, intermediate clients, and end clients. In other words, businesses strive to provide their goods to clients in the most efficient manners. Additionally, as households discover that their requirements are met by a greater variety and amount of items, the
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You will agree with some of the statements and disagree with others. In some cases, making a decision may be difficult, but you should force yourself to make a choice. Record your answers next to each statement according to the following scale.
Rating Scale:
4 Strongly agree
3 Somewhat agree
2 Somewhat disagree
1 Strongly disagree
1. ____ Effective controls must be unbending if they are to be used consistently.
2. ____ The most objective form of control is one that uses measures such as stock prices and rate of return on investment (ROI) 3. ____ Control is restrictive and should be avoided if at all possible.
4. ____ Controlling through rules, procedures, and budgets should not be used unless measurable standards are difficult or expensive to develop. 5. ____ Overreliance on measurable control standards is seldom a problem for business organizations. 6. ____ Organizations should encourage the development of individual self-control.
7. ____ Organizations tend to try to establish behavioral controls as the first type of control to be used. 8. ____ The easiest and least costly form of control is output or quantity control.
9. ____ Short-run efficiency and long-run effectiveness result from the use of similar control standards. 10. ____ Controlling by taking into account roi and using stock prices in making control decisions are ways of ensuring that a business organization is responding to its external market.
11. ____ Self-control should be relied on to replace other forms of control. 12. ____Controls such as roi are more appropriate for corporations and business units than for small groups or individuals.
13. ____ Control is unnecessary in a well-managed organization.
14. ____ The use of output or quantity controls can lead to unintended or unfortunate consequences. 15. ____ Standards of control do not depend on which constituency is being considered. 16. ____ Controlling through the use of rules, procedures, and budgets can lead to rigidity and to a loss of creativity in an organization. 17. ____ Different forms of control cannot be used at the same time. an organization must decide how it is going to control and stick to that method. 18. ____ Setting across-the-board output or quantity targets for divisions within a company can lead to destructive results. 19. ____ Control through rules, procedures, and budgets is generally not very costly. 20. ____ Reliance on individual self-control can lead to problems with integration and communication.
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connor gave one of his employees a poor rating on a performance appraisal. the employee met all of her listed goals, but connor felt she did not interact well enough with her team members.
A skills inventory provides guidance for leaders and key decision makers on how to invest in an organization’s human capital.
What is a skills inventory?Employers can use skills inventories to identify any skills gaps and determine whether the abilities of their current workforce are adequate to achieve their objectives. Additionally, it aids HR professionals in directing the firm in such crucial areas as talent management, learning and development, and strategic workforce planning.
An organization's workforce is represented by a detailed record of their experiences, professional abilities, and educational credentials called a skills inventory. It is frequently based on self-evaluations by employees, skill evaluations carried out by the firm, or a mix of two techniques.
Employers can use skills inventories to identify any skills gaps and determine whether the abilities of their current workforce are adequate to achieve their objectives. The primary focal areas of recruitment, talent management, learning, and development are all aided by it as well.
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which of the following are positive ways a transparent workplace can be created by a leader in business? (choose every correct answer.)
From the following, the positive ways a transparent workplace can be created by a leader in business is by listening to the concerns of others, and by being reachable.
Creating a transparent workplace can be beneficial for both the leader and their employees. By listening to the concerns of the others and being accessible are two positive ways through which a leader can create transparency.
However, leaders in a business should also be open and be honest with their teams, and involve their employees in any important decisions, and also establish an open-door policy. Thus, the leaders should embrace also authenticity.
Hence, options A and C are correct.
The given question is incomplete, so the complete question is given here-
Which of the following are said to be positive ways a transparent workplace can be created by a leader in business?
A. By listening to the others concerns
B. By withholding information from employees
C. By being reachable
D. By not holding managers accountable
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