Interest that is compounded: F = $1,000(1+0.065)5 = $1,370.09. F = $1,000(1+0.068(5)) = $1,340 in simple interest. The alternative with compound interest is preferable.
Compound interest is when you receive interest on both your interest income and your savings. The interest on a deposit that is computed using both the original principle and the accrued interest from prior periods is known as compound interest. In other words, compound interest is interest that is earned on interest. The interest earned on savings that is computed using both the original principle and the interest accrued over time is known as compound interest. It is said that Italy in the 17th century is where the concept of "interest on interest" or compound interest first appeared. It will accelerate the growth of a total more quickly than simple interest, which is solely computed on the principal sum.
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Australia contains many natural resources and foreign firms often come into Australia to extract them. The profits that those foreign firms make are sent back to their home countries.
GDP in Australia is
A.
smaller than GNP in Australia because the profits that are earned by domestic firms are sent overseas.
B.
smaller than GNP in Australia because the profits that are earned by foreign firms are sent back to their home country.
C.
larger than GNP in Australia because the profits that are earned by foreign firms are sent back to their home country.
D.
larger than GNP in Australia because the profits that are earned by domestic firms are sent overseas.
D. larger than GNP in Australia because the profits that are earned by domestic firms are sent overseas. Australia contains many natural resources and foreign.
firms often come into Australia to extract them. The profits that those foreign firms make are sent back to their home countries. GDP in Australia Gross national product (GNP), the total market value of the final products and services generated by a nation's economy during a given time period (typically a year), calculated before depreciation or consumption of capital utilised in the manufacturing process. It differs from net national product, which is calculated after such a deduction. The GNP is virtually identical to the GDP, except that the latter does not include income generated by citizens of a country from foreign investments (minus the income earned in the domestic economy accruing to nonnationals from abroad).
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there are quality issues with the last iteration and the stakeholders are not happy. not only do they not meet the quality expectations, they demand additional security features on the site. also, half your team maybe reassigned to a higher priority project. which issue should you focus on?
The resources should be your first priority. If you lack the resources, the other problems will become more difficult to solve. Answer is option (c).
How do you prioritize high priority projects?High priority projects are those of regional or statewide importance that the Board has identified and that will reduce traffic, improve safety, generate jobs, or advance economic development. Most people prioritize their activities using a tried-and-true system that takes each task's priority and urgency into account.
All the problems can be resolved properly, however the project is in danger without a strong team in place. The project manager or Scrum Master is in charge of prioritizing and resolving crucial obstacles.
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Options for the given questions,
A. Stakeholders
B. Quality issues
C. Resources
D. Security features Assistance
Which of the following would cause the demand curve to shift from Demand A to Demand B in the market for golf balls in the United States?
a. an increase in the price of green fees
b. an expectation by buyers that their incomes will increase in the very near future
c. a change in consumer tastes away from golf and toward tennis
d. a decrease in the price of golf balls
The correct answer is b. an expectation by buyers that their incomes will increase in the very near future.
The demand curve represents the quantity of a good or service that consumers are willing and able to purchase at different prices. A shift in the demand curve occurs when a change in a non-price determinant of demand causes the entire curve to move either left or right.
In this case, an expectation by buyers that their incomes will increase in the very near future would cause them to be willing to purchase more golf balls at each price, resulting in a rightward shift of the demand curve from Demand A to Demand B. This is because as the consumer income increases they can afford to buy more of a good or service.
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Compared to data warehouses, data marts have which one of the following characteristics?
cost less
contain more information
are harder to navigate
have longer lead time for implementation have central rather than local control
Compared to data warehouses, data marts a) cost less.
Data marts are quickly becoming the preferred choice for businesses looking for cost effective and efficient data storage solutions.
Compared to data warehouses, data marts cost significantly less, making them an attractive option for companies with limited IT budgets. Additionally, data marts are much simpler and easier to deploy, requiring less time and resources to get up and running.
Data marts are also more agile and flexible, allowing organizations to quickly adjust and respond to changing business needs.
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Substitutions may not be viable options for some industrial clients due to ________ or physical distance limitations
Substitutions may not be viable options for some industrial clients due to technical limitations or physical distance limitations.
Technical limitations refer to the fact that certain industries or processes may require specific materials or equipment that cannot be easily replaced by substitutes.
For example, aerospace industries rely heavily on high-strength, lightweight alloys that may not have suitable substitutes. Similarly, certain electronic components used in semiconductor manufacturing may not have a substitute that can meet the same performance specifications.
Physical distance limitations refer to the fact that some industrial clients may be located in remote areas with limited access to substitute materials or equipment.
This can make it difficult or expensive to transport substitutes to the location, making them less viable options. Additionally, some industrial clients may have established supply chains and relationships with specific vendors, making it difficult to switch to substitutes without significant disruptions to their operations.
In summary, the main reason why substitutions may not be viable options for some industrial clients is technical limitations and physical distance limitations.
Technical limitations due to the requirement of specific materials or equipment and Physical distance limitations due to the location of industries with limited access to substitute materials or equipment.
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robin company reported the following costs for the current month: direct materials used $ 12,000 direct labor 21,000 sales salaries 10,000 indirect labor 2,400 production manager's salary 5,500 marketing costs 8,800 factory lease 3,800 what is robin's total manufacturing cost?
The right answer is a. Prime fees = direct substances + direct labor. = 23,000 + 19,800 = $42,800. The right reply is d. Total manufacturing cost$15,400.
What are manufacturing prices called?Production expenses refer to the costs a organization incurs from manufacturing a product or imparting a provider that generates income for the company. Production expenses can include a variety of expenses, such as labor, raw materials, consumable manufacturing supplies, and regularly occurring overhead.
To calculate complete manufacturing cost you add collectively three exclusive price categories: the fees of direct materials, direct labour and manufacturing overheads. Expressed as a formula, that's: Total manufacturing price = Direct substances + Direct labour + Manufacturing overheads.
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https://brainly.com/question/8873972#SPJ4The following data occurs chronologically from left to right:
15.2 19.7 16.0 11.1 14.8 14.5
The number of runs up and down is:
Multiple Choice
5.
2.
3.
4.
none of these.
15 runs make up the sample's median number of runs.
One metric of central tendency is the median. It is the sample's average value. Both ascending and descending order are acceptable.
The first step in determining the sample's median is to arrange the data, either in ascending or descending order. We must first arrange the given data because it is not already organised before we can get the median.
11.1, 14.5, 14.8, 15.2, 16.0, 19.7
Now, the information is listed in increasing order.
We determine that the sample's median values are 14.8 and 15.2.
The median represents the midpoint between these two numbers.
Average: 14.8 + 15.2/2 equals 15
The median is therefore 15.
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Drop shipping results in time and shipping cost savings.true or false
Drop shipping saves time and money on shipment. true
Any physical object or verifiable document that is commonly accepted as payment for goods and services as well as the settlement of debts, including tax liabilities, in a specific nation or socioeconomic context is referred to be money. Money serves as a method of commerce, a unit of account, a store of value, and, on occasion, a standard for postponed payment. These are its four primary objectives. Since almost all modern monetary systems are based on unbacked fiat money that has no inherent value as a commodity, money historically has been an emergent market phenomena. Being accepted as a means of payment for "all" uses inside the nation's boundaries is a need for being recognized as legal currency by a governing body or regulatory body.
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Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
Calculating a company's entire production expenses during a given time period results in the cost of items manufactured. Additionally, it includes all costs associated with producing items, storing them, and for sale.
The total cost of the items when they have completed the entire manufacturing process and are prepared for sale is the cost of goods manufactured. Direct materials and direct labor, the two main components of manufacturing costs, are fully taken into account.
Using the cost of products manufactured formula, we will solve the cost of the ff.
COGM = DM + DL + MOH + WIP(B) − WIP(E)
Where:
DM = Direct Materials Used
DL = Direct Labor
MOH = Manufacturing Overhead
WIP (B) = Work In Progress Beginning
WIP (E) = Work In Progress Ending
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COMPLETE QUESTION:
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts.
Flynt Corp Laura's Bakery Rustic Gear
Beginning Work-in-Process Inventory $(a) $40,200 $2,100
Direct Materials Used 14,000 35,300 (g)
Direct Labor 10,300 20,100 1,400
Manufacturing Overhead (b) 10,800 300
Total Manufacturing Costs Incurred during the Year 45,100 (d) (h)
Total Manufacturing Costs to Account For 56,000 (e) 7,300
Ending Work-in-Process Inventory (c) (25,800) (2,700)
Cost of Goods Manufactured $51,600 $(f) $(i)
the exclusive control of the production of a certain good by a business is known as a(n) of that commodity. consolidation antitrust monopoly protectorate
The exclusive control of the production of a certain good by a business is known as monopoly of that commodity. Fourth is the correct option.
According to Irving Fisher, a market with "absence of competition" results in a situation where one person or business is the only supplier of a given good or service.
A monopoly is a market structure in which one manufacturer or seller has an excessive level of control over another market. Monopolies may establish prices and maintain consistent, predictable pricing for consumers in the absence of competition.
A business with monopoly status has few internal competitors and no substitutes for its products.
Thus, third option is correct.
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for a app campaign optimizing to a tcpa of $10, what would be the recommended minimum budget?
In a app campaign optimizing to a tcpa of $10. The recommended minimum budget be 100.
It became customary to share a Coke with someone to express your thought for them. The simplicity of this wildly successful campaign was its genius. A campaign is a set of pre-planned acts people conduct over a predetermined period of time to effect change, such as social or political change. A series of advertisements that are focused on the same theme and have a specific objective together constitute an ad campaign. For instance, a business might develop an advertising campaign to fulfill one of the following corporate goals: to raise awareness of a new product's brand.
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All of the following are sources of income available for general obligation bond debt service EXCEPT:
A. ad valorem taxes
B. highway tolls
C. license fees
D. assessments
An income available for General obligation bond debt service except Highway tolls.
What is meant by bond?The issuer's full faith, credit, and taxation authority are used to support general obligation bonds. Ad valorem taxes, penalties for late tax payments, assessments of additional taxes, as well as fees received that are not a declared income source for revenue bonds, are all examples of sources of income supporting G.O. issues. Highway tolls are guaranteed to cover the debt service on revenue bonds that were sold to pay for the road's development. The debt payment on G.O. bond issues cannot be paid using these funds.By issuing a bond, a borrower promises to reimburse a lender for the loan's principle and, typically, interest. Authorities, localities, and businesses all issue bonds.An investor makes a loan to a borrower, such as a business or the government, in the simplest terms possible. The borrower uses the funding to support its operations, and the investor makes a profit from the investment through interest. Bonds' market values are subject to fluctuations.To learn more about bond refer to:
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bethany is in 7th grade. she wants to attend college and knows that she will need funds. which option of funding her education should she consider now?
She has the option of receiving a scholarship to help pay for her further education.
A scholarship is financial help given to a student on a certain basis, generally academic excellence. They can be based on a variety of characteristics, including needs, nation or area of origin, gender, subject of study, race, and so on. Scholarship money is not repaid because it is not a loan. Grants, tuition exemptions, and fellowships are some examples. Scholarships are an excellent way to help students complete their education, which is generally higher education. They are given to relieve students (both prospective and current) and their families of a major portion of the expensive cost of higher education. Scholarships are awarded by several organizations and entities for undergraduate and postgraduate study at colleges, institutions, and universities.
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which problem poses a nearly universal challenge for texans in the next few years due to growing population levels and strong business activity?
Due to rising population levels and active economic activity, Texans will face a practically universal issue in finding an (A) appropriate water supply in the next years.
Universal challange problem:
Assuring that all Texans have access to enough water will be a daunting issue given that the state's population is predicted to quadruple by the middle of the twenty-first century and that a robust economy will increase business activity.
See Meeting New Challenges in your text for further details.
Name the top five policy issues Texas must address in the twenty-first century.
Water supply refers to the provision of water by government agencies, private businesses, nonprofit organizations, local initiatives, or by individuals, typically through a network of pumps and pipes.
Systems for providing public water are essential to the smooth operation of society.
These systems provide drinking water to people all around the world.
Therefore, due to rising population levels and active economic activity, Texans will face a practically universal issue in finding an (A) appropriate water supply in the next years.
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Complete question:
Which of the following poses a nearly universal challenge for Texans in the next few years due to growing population levels and strong business activity?
a. stable energy supply
b. availability of higher education
c. adequates water supply
d. scarcity of developable land
A reply to a request for credit information:a. involves filling in the blanks and returning the documentb. always follows an inductive sequenced. should essentially contain opinions of the writer.c. presents the main idea at the end.
A reply to a request for credit information: is involves filling in the blanks and returning the document.
Hence, Option A is correct
The CIR is a record of your credit card payments as well as EMIs for loans that you have taken out. Your investment or savings information is not included. Loans can be used for overdraft facilities, auto loans, personal loans, and mortgages.Applying for a free copy of every bureau's complete credit report is possible. Visit the respective website of the credit bureaus to obtain a free credit report or credit score, and then enter your name, address, PAN (permanent account number), Aadhaar number, and other information as requested.A credit information company that disagrees with the decision to deny their application for a certificate of registration under Section 5 orto cancel their registration under Section 6 may appeal the decision to the Central Government orTo know more about credit here-
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economists often assert that a person who receives an in-kind transfer payment (from government) has a higher income as a result. but an in-kind transfer is not money income, so what are economists thinking? group of answer choices they are thinking that the individuals who receive the in-kind benefits equate more in-kind benefits with more money income. they are thinking that individuals who receive in-kind benefits would prefer to receive them over receiving additional money income, so that in-kind benefits are worth at least their monetary value. they are thinking that persons who receive in-kind benefits end up selling them, receiving money in exchange. none of the above they are thinking that an additional in-kind benefit, like more money income, makes a person better off and thus they are equating being better off (in the sense of having more goods and services) with a higher income.
Economic inequality has taken center stage in global policy discussions after years of quasi-neglect.
What is Global policy?A restriction, regulation, or directive imposed globally and uniformly on a foreign-owned financial institution by the parent company or on any financial institution by a regulator that oversees that financial institution is referred to as a "global policy."
Conflict and peace studies, comparative politics, political economy, and the international political economy of the environment are some of the current topics of discussion. Other topics include national and ethnic conflict regulation, democracy and the politics of national self-determination, globalization and its relationship to democracy, and conflict and peace studies.
In advocacy campaigns, global policies are frequently used to remind nations of their global commitment to combating antimicrobial resistance and to hold governments accountable for monitoring progress in meeting these commitments.
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then, she asks: recently, patel events plus purchased a new venue for our events. if we asked you to compare the purchase price (cost) and net profit, what would you be calculating? 1 point occupancy rate metric goal return on investment sales numbers
I would be doing some math. income from an investment.
What does the term "return on investment" mean?The profit you realize from your investments is the return. The ratio of the net profit to the entire expense of the investment is how ROI is typically defined. When ROI is used to determine the benefits and monetary returns of your investment, it is most helpful to your business objectives when it pertains to something specific and measurable.
Is a high or low ROI preferable?Choosing a business with a high investment return is crucial for investors since it shows that the business is successful in turning a profit from the investment. If there are alternative investment options with a positive ROI, investors will often steer clear of a negative ROI venture.
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4. when the returns to an input are diminishing and a profit-maximizing firm chooses to hire more of that input, the total product curve has what kind of slope? a. negative and decreasing b. positive and decreasing c. negative and increasing d. positive and increasing e. positive and constant
Option e is correct. When the returns to an enter are diminishing and a profit-maximizing organization chooses to lease extra of that enter, the overall product curve has positive and constant slope.
The regulation of diminishing marginal productiveness is an monetary precept typically taken into consideration with the aid of using managers in productiveness management. Generally, it states that benefits received from mild development at the enter facet of the manufacturing equation will simplest develop marginally in line with unit and might degree off or maybe lower after a selected point.
Diminishing marginal productiveness generally happens whilst high-quality modifications are made to enter variables affecting overall productiveness.
The regulation of diminishing marginal productiveness states that after a bonus is received in a aspect of manufacturing, the productiveness received from every next unit produced will simplest growth marginally from one unit to the next.
Production managers remember the regulation of diminishing marginal productiveness whilst enhancing variable inputs for accelerated manufacturing and profitability.
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Show graphically the abnormal profit (economic profit) area of the pure competition firm in the short run.
The graph showing economic profits is in the image.
Perfect or pure competition is explained as "a condition in an industry where that industry is composed of many tiny firms providing homogenous products, when there is no barrier to the entry or leave of firms, and when full data is available."
In the short-run, the pure or perfect competition profit of a firm go up to the maximum position in situations where marginal revenues (MR) equals to the marginal cost (MC).
When the price (P) is higher than average cost (AC) for a given period of time, the firm can generate abnormal or economic profits in the Short run.
The difference between abnormal and normal profit is related to the link between average total cost and average market price, and abnormal profit can only be produced when average revenue is higher than average total cost. It's crucial to keep in mind, though, that not every business has the ability to make earnings that are above average
The characters in the graph stands for:
D = Demand in the market
MR = Marginal Revenue
MC = Marginal Cost
ATC = Average Total Cost
Short Run Profit = ( P - ATC ) × Quantity
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one disadvantage of newspaper advertising is a. nearly every town has one b. wide coverage c. the short shelf life d. flexible deadlines for advertising placement
One disadvantage of newspaper advertising is a the short shelf life
What exactly do you mean by marketing?
In order to advertise a good, service, or cause, advertising involves buying space. Ads, as they are commonly known, are the real advertising messaging. Reaching those who are most likely to be inclined to buy a company's goods or services—and persuading them to do so—is the purpose of advertising.
What are the various sorts of advertising?
In order to generate attention, engagement, and sales for a good or service, advertising is a promotional activity targeted towards a specific audience.
It seeks to influence customers in a particular manner to purchase that.
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Sleek Sneakers Co. is one of many firms in the market for shoes.(a) Assume that Sleek is currently earning short-run economic profit. On a correctly labeled diagram, show Sleek's profit-maximizing output and price, as well as the area representing profit.(b) What happens to Sleek's price, output, and profit in the long run? Explain this change in words, and show it on a new diagram.(c) Suppose that over time consumers become more focused on stylistic differences among shoe brands. How would this change in attitudes affect each firm's price elasticity of demand? In the long run, how will this change in demand affect Sleek's price, output, and profit?(d) At the profit-maximizing price you identified in part (c), is Sleek's demand curve elastic or inelastic? Explain.
A rise in the product's price will boost sales for the company. A price elasticity of 0.5 indicates that the demand for the item is somewhat inelastic.
The Demand Curve: What Is It?The connection between the cost of an item or service and the quantity demanded over a specific time period is represented graphically by the demand curve. In a common illustration,
Is the demand curve going up or down?The link between a commodity's price and demand is explained by the law of demand. The demand curve is the most crucial instrument for illuminating this connection. As a result of the inverse connection between price and demand, this curve is always downward sloping.
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the stage of the product life cycle in which process innovation becomes an important way to increase efficiencies is:
The stage of the product life cycle in which process innovation becomes an important way to increase efficiencies is growth and development.
What is the innovation lifecycle?
Despite frequently being conflated with inventions, the term "innovation" is well-known. In our essay Innovation vs. Invention, we have went into further depth on how the two terms vary. We shall thus concentrate on the innovation cycle. It currently occurs in the context of practically every product and has become a standard in business. But just what does it describe?
It is generally accepted that this refers to the observation of an item through time, which is broken up into many stages and proceeds in a bell-shaped fashion. The start and finish of this time are indicated by these phases. When we talk about products, we imply that they go through these several stages.
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a. city streets are consumption goods because they wear out with use. b. stocks are capital goods because when people buy and sell them they make a profit. c. a shopping mall produces retail services and is a capital good. d. the coffee maker in the coffee shop at an airport is a consumption good because people buy the coffee it produces
The correct classification made here is:
A shopping mall produces retail services and is a capital good. Option CWhat is a retail service?Retail service refers to the various types of support or assistance that retailers provide to customers in order to improve their shopping experience and increase customer satisfaction. Retail services can include a wide range of activities, such as providing product information, answering customer questions, resolving complaints, providing after-sales support, and offering additional services like gift wrapping or delivery.
Retail services can also include activities that enhance the shopping experience, such as in-store events, personal styling sessions, or product demonstrations.
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Which of the classification is correct
a centralized organization concentrates decision making at the top of its hierarchy. a. true b. false
The statement is True. A centralized organization concentrates decision making at the top of its hierarchy.
Decision making is the most common way of pursuing decisions by recognizing a choice, gathering data, and evaluating elective goals.
Utilizing a bit by bit dynamic cycle can assist you with making more intentional, smart choices by putting together pertinent data and characterizing options. This approach expands the possibilities that you will pick the absolute most fulfilling elective. Levelheaded direction depends on thinking, proof, and realities. Picking among conceivable outcomes without utilizing rationale or investigation is what natural dynamic involves. It involves pursuing choices in view of feelings or unintentionally reviewing a memory.
Utilizing your impulses to direct your navigation is important for the natural worldview. At the point when the group is proficient about the subject, this model is reasonable. It, as a rule, is less coordinated than different models and relies upon colleagues utilizing earlier information to detect examples and utilize related arrangements.
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Which of the following terms refers to a customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers?
Customer perceived value refers to a customer's evaluation of the difference between all the benefits and all the costs of a market offering relative to those of competing offers.
Gathering customer feedback is a crucial part of running a successful business. It helps us understand the customer experience and gain insight into what they want and need. Through customer evaluation, we can better identify areas where we need to improve and create better strategies to reach our customers.
We value our customers' input and use their evaluation to refine our services, products, and overall customer experience. With customer evaluation, we are able to continue to provide our customers with the best possible service.
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a marketer is injecting new customers from a data extension into journey builder to send an updated welcome series. they need to test the updated content and logic of the journey before publishing the new version. what would the marketer be able to see when using journey builder test mode for data extension entry source journeys?
Inbox delivered email and journey path for up to 10 contacts is the correct answer.
Prospect is the common term used to describe a company's potential customers. Those who may be interested in the goods and services the business provides but haven't yet made a purchase are considered potential customers.higher sales: Increased sales, which frequently result in higher profits, can be achieved by bringing in more customers to complement the current clientele. Brand recognition: These marketing initiatives can make it easier for potential customers to identify the brand when they need the offered products, which can increase sales and foster customer loyalty.Companies are able to offer new customers lower prices because existing customers pay more. Due to the need for companies to provide discounts in order to entice you to join, new customers often receive better deals.To know more about Customers here
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A partner withdrew 4,000 per month from 1 July, 2016, on beginning of every month. counts are closed at 31st March, 2017. Calculate interest on drawings while rate of interest is 10% per annum.
The interest on the drawings is ₹1500. (Option C)
Amount drawn per month = ₹4000
Number of drawings = 9 (From July 2016 to March 2017)
rate of interest per annum = 10%
Interest on the drawings
We can solve this problem utilizing the mathematical technique outlined below.
This equation may be solved using the following approach.
We know that,
Using the average method,
∴ Interest on drawings = Total drawing × interest rate × [(longest outstanding time+ shortest outstanding time) / 2 * 12
Total drawing = ₹4000×9
= ₹36000
Time = ([tex]\frac{1+9}{2}[/tex]) months
= 5 months
Interest on the drawings = ₹ 36000 × 0.1 × [tex]\frac{5}{12}[/tex]
= ₹ 1500
Thus, the interest on the drawings is ₹1500. (Option C)
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when a competitive market is in equilibrium, what is the economically efficient level of output?
When a market is in equilibrium, it is the most efficient condition for producers and consumers.
This is because both parties have the right amount of supply and demand, meaning that prices are neither too high nor too low.
In this situation, the economically efficient level of output is the level that maximizes the total benefit to society, achieved by balancing the costs of production with the value of the product or service.
This level of output is determined by the interplay between supply and demand, and is often referred to as the equilibrium price.
This means that the output level should be set so that the marginal cost of producing one more unit matches the marginal benefit that consumers receive from consuming one more unit.
This balance produces the most efficient level of output and is the optimal solution for maximizing the total economic benefit for all parties.
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during the year, total liabilities increased $105,000 and stockholders' equity decreased $76,000. what is the amount of total assets at the end of the year
Total liabilities rose by $105,000 throughout the course of the year, while shareholders' equity fell by $76,000. Therefore, $148,000 would be the shareholders' assets there at end of the year.
By liabilities, what do you mean?Liability often denotes being accountable for something, but it may also imply owing someone payment or services. A homeowner's tax obligation, for instance, may be the amount of property taxes due to the city or the amount of income taxes due to the federal government.
What are equity and liabilities?Equity in the context of finance refers to the ownership interest that shareholders own in a corporation, whereas liabilities are the debts or commitments that a firm owes to third parties. Liabilities are subtracted from equity to calculate equity.
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ne use of inventory is part 2 a. to ensure that item cost is maximized. b. to provide a hedge against inflatio
The answer is to offer a hedge against inflation, based on the information provided in the question.
What does hedging mean?A Hedge: What Is It? In the world of finance, to hedge is to acquire an opposite position in a security or investment to balance out an existing holding's price risk. Therefore, a trade undertaken with the intention of lowering the risk of unfavorable price changes in another asset is called a hedge.
Why is it used to hedge?Trading and investing can decrease risk and volatility through the use of hedging. The chance of loss is reduced. Risk management and fluctuation are a natural feature of the marketplace, and investors' primary goal is to maximize returns.
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