One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
What is an economic trend?An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.
Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.
Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.
Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.
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Respond by (1) Identifying the type of syllogism below (Categorical, Disjunctive, Conditional) and (2) explain, in your own words, why the structure of the syllogism may be correct, but the conclusion could be false.
Major Premise: If the sidewalk is wet, then it must have just rained.
Minor Premise: The sidewalk is wet.
Conclusion: Therefore, it just rained.
The type of syllogism being used in the given sentence is a conditional syllogism.
What is Syllogism?This refers to the use of reasoning in order to draw conclusions about something based on two premises.
Hence, we can see that conditional syllogism was used in the given premises and this is because it made use of either-or to show that if the sidewalk was wet, then that means that it must have rained.
This reasoning is faulty because there are different possible reasons for the sidewalk to be wet and not just rainfall.
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a. The Kretovich Company seeks the following financial statistics in the coming year to attain a competitive advantage over its industry competitors. Quick ration = 1.4 Current ratio = 3.0 DSO = 36.5 days on a 365-day year. Its total current assets = $800,000 and cash and marketable securities of $100,000. Based on the data given, what is Kretovich’s estimated revenue or sales at year end? Suppose Kretovich’s pays its suppliers of materials every 30 days, that is, the firm’s days payables outstanding is 30 days, what is the speed at which Kretovich Company accrues cash flows? Hint, find the company’s cashflow conversion cycle.
1) Based on the data given, Kretovich Company's estimated revenue or sales at year-end is $2,780,000.
2) The speed at which Kretovich Company accrues cash flows if it pays its suppliers every 30 days is 61.5 days, which is given by the cash conversion cycle.
What is the cash conversion cycle?The cash conversion cycle represents the days that it takes for a company to convert its investments in inventory and other resources into cash flows from sales.
The cash conversion cycle can be computed with the following formula:
Cash Conversion Cycle = DIO + DSO – DPO
Where:
DIO = Days Inventory Outstanding
DSO = Days Sales Outstanding
DPO = Days Payable Outstanding
Data and Calculations:Quick ratio = 1.4
Current ratio = 3.0
DSO = 36.5 days on a 365-day year.
Current assets = $800,000
Cash and marketable securities = $100,000
Using the current ratio of 3.0, the current liabilties = $270,000 ($800,000/3.0)
Current assets other than inventory = $378,000 ($370,000 x 1.4)
Inventory = $422,000 ($800,000 - $378,000)
Accounts receivable = $278,000 ($800,000 - $422,000 - $100,000)
Sales revenue = $2,780,000 ($278,000 x 365/36.5)
DIO = average (or ending) inventory balance by COGS and multiplying by 365 days.
Here, we shall use the sales figure in place of the cost of goods sold as follows:
DIO = $422,000/$2,780,000 x 365
= 55 days
Cash conversion cycle (or DIO + DSO – DPO).
= 61.5 days (55 + 36.5 - 30)
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Based on the laws of supply and demand, which of the jobs in the ad is MOST LIKELY to offer the highest salary?
A
engineer
B
day care teacher
C
dishwasher
D
cashier
Answer:
A
Explanation:
Because an engineer is a harder job to get and is needed so the demand is high and the supply is low
The Dulac Box plant produces 500 cypress packing boxes in two 10-hour shifts. Due to higher demand, they have decided to operate three 8-hour shifts instead. They are now able to produce 600 boxes per day. What has happened to productivity
Nothing has happened to productivity at the Dulac Box plant because the same number of cypress packing boxes are produced per labor hour.
What is productivity?Productivity refers to the efficiency, resourcefulness, or creativity achieved in producing more units of goods and services using fewer production resources.
Productivity can be measured as the quantity of output per unit of input.
For example, the labor productivity at the Dulac Box plant was initially 25 boxes per labor hour under the two 10-hour shifts. When the plant introduced the three 8-hour shifts, total production units increased from 500 to 600 without any increase in productivity.
Data and Calculations:Old production units = 500 boxes
Labor-hours used = 20 (10 x 2) hours
New productivity per labor hour = 25 boxes per hour (500/20)
New production units = 600 boxes
Labor-hours used = 24 (8 x 3) hours
New productivity per labor hour = 25 boxes per hour (600/24)
Thus, there is no change in productivity with the change in shifts.
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A trader is long EUR/USD at 1.2780 and has a target of 1.2790, but wants to limit losses to 1.2775. If they have entered an OCO order, and EUR/USD trades below 1.2775 and then above 1.2790, what would be the resulting trade
If an OCO order is entered, and EUR/USD trades below 1.2775 and above 1.2790, the resulting trade is to: Sell at 1.2790 and again at 1.2775.
What is OCO order?OCO order which full meaning one cancels the other can be defined as a way in which both limit order as well as stop order can be place at once.
Since the trade target is 1.2790 in which the stop loss or limit loss is 1.2775 in a situation were EUR/USD trades below the limit loss (1.2775) and above the target (1.2790) the trading result will be to sell at 1.2790 and then sell again at 1.2775.
Inconclusion what would be the resulting trade is to:Sell at 1.2790 and again at 1.2775.
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The CEO of TruTone Manufacturing tells her executive management team that the company must become more agile to stay competitive. She says, "We have several options to improve our agility, a couple that we have already started to implement. But, most importantly, I believe that we need to organize around our primary strengths and expertise: our __________."
The statement "I believe that we need to organize around our primary strengths and expertise" complete part is: core capabilities.
What is core capabilities?Core capabilities can defined as the ability to put into use the skills, knowledge you have developed so as to achieve your set goals and objectives.
A company or organization that want to have an a competitive advantage over other companies, the employers of that company must possess core capabilities as this will enables them to stay competitve.
Inconclusion the complete part of the given statement is: core capabilities.
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2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
When a tactics is harmful causing various harms to human health or posing threat it should not be supported.
What are Harmful tactics?They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.
This actions are harmful and the results are usually detrimental.
Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.
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The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation expense each year. B. Are the only acceptable methods of depreciation for financial reporting. C. Are acceptable for tax purposes only. D. Produce the same total depreciation over an asset's useful life. E. Produce the same carrying amount or book valueeach year.
The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.
How are the straight-line and double-declining-balance methods related?While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.
What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.
In conclusion, option D is correct.
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Which is not included in the composition of a project initiation documentation?
The choice which is not included in the composition of a project initiation document is; Project cost.
What is a Project Initiation Document?A Project Initiation Document is a guide to a project, clearly laying out the justification for a project, the project's objectives, and how the project will be organized. This helps ensure that all involved personnel knows what's going on right from the outset.
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Why is there is a difference between the roles of a manager, a monitor and an entrepreneur? Support your answer with an example.
1.2 Explain in your own words the following two factors that managers should consider when using teamwork competency in the workplace:
1.2.1 Creating a supportive environment
1.2.2 Managing team dynamics
An entrepreneur is the owner of the company while the monitor and manager are employees.
Who is an Entrepreneur?This is the individual which owns the company and bears the risk and enjoys most of the reward derived from it.
The entrepreneur serves as an innovator, the manager helps to control the affairs of the company while the monitor oversees compliance.
Creating a supportive environment will there is an inclusive environment which will boost productivity.Managing team dynamics involves understanding the roles and behavior of team members which ensures they are suited to the rule for increased productivity and less errors.Read more about Entrepreneur here https://brainly.com/question/353543
reply if you agree that eddie kaspbrak and stanley uris shouldn’t have dxied in “it cheaper 2” (giving brainliest)
Answer:
do u mind sending the picture of the question
Basecamp is based in Chicago, Illinois. According to the laws of the state of Illinois, employers and employees have the right to end an employment relationship at any time and for any reason, with or without advance notice to the other. In other words, Basecamp is headquartered in: a
If the laws that are existent in the state of Chicago gives the right to end an employment relationship at any time, then Basecamp is headquartered at an employment at will state.
What is an employment at will state?This is a term that is used to refer to the states where people can terminate contracts at any time that they want.
The employer can decide to terminate that of the worker when he wants to. The worker on the other hand may decide to call it quits whenever they want to. The only reason that this cannot stand is illegality.
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Sheffield Company signed a long-term noncancelable purchase commitment with a major supplier to purchase raw materials in 2021 at a cost of $1,031,600. At December 31, 2020, the raw materials to be purchased have a market value of $978,300. In 2021, Sheffield paid $1,031,600 to obtain the raw materials which were worth $978,300. Sheffield uses a periodic inventory system. Prepare the entry to record the purchase.
The journal entry to record the purchase of the raw materials by Sheffield Company is as follows:
Debit Purchases $1,031,600
Credit Accounts Payable $1,031,600
To record the purchase of the raw materials in 2021.The December adjusting entry can be revised with:
Debit Estimated Liability $53,300
Credit Unrealized holding Loss $53,300
To reverse the December 31 adjusting entry.What is an unrealized holding loss?In this instance, the unrealized holding loss arose from the fact that the market value of the raw materials is less than the purchase amount because of the noncancelable commitment.
Thus, the unrealized holding loss arose as the difference between the market value and the purchase amount.
Data Analysis:Purchases $1,031,600 Accounts Payable $1,031,600
Estimated Liability $53,300 Unrealized holding Loss $53,300
Thus, the entry to record the purchase is a debit to the purchases account and a credit to accounts payable.
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Your Reading Assignment for this week presented resources that introduce different career paths in accounting. For this week’s Written Assignment, research the various career paths in accounting and compose a paper that addresses the following: State which career path would you choose. Explain why you have chosen that career. Conduct research and provide information in the following areas based on your career path: job description salary growth rate future job outlook (in the next five years) strengths and weaknesses of the career. Include a current job posting for the career. within 6 months from this date
Assuming your chosen accounting career is that of a financial analyst, it is essential to carry out in-depth research on the role and responsibilities.
What does a financial analyst do?It is the professional responsible for managing and planning the use of an organization's financial resources, in order to guarantee the profitability of investments and accounts, in addition to being responsible for the balance sheet and negotiations.
According to government sources, the salary growth rate of a financial analyst will be 6% in the period from 2020 to 2030, which is a positive outlook for the position, and a faster growth than other occupations.
Therefore, the financial analyst career is a position of responsibility that is relevant for all organizations as financial resources are essential for effective business flow.
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Based on the research, one of the career options is public accounting. The reason for choosing this is its higher growth rate as compared to others.
Public accountants work for accounting firms that provide services to clients such as auditing, tax preparation, and consulting.
According to the Bureau of Labor Statistics, the median annual wage for accountants and auditors was $73,560 in May 2020.
The employment of accountants and auditors is projected to grow 6 percent from 2019 to 2029, faster than the average for all occupations.
Public accounting provides a wide range of opportunities to work with different clients and industries. It also offers the potential for career advancement and a high salary, but it can be demanding, with long hours during tax season and tight deadlines. It may also involve a lot of travel.
For a current job posting in Public accounting, one can go through LinkedIn to see various jobs available right now.
Thus, Public accounting is a major job option in accounting subject.
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#SPJ6
How does a savings account benefit the bank
Answer:
Having a strong base of savings account deposits is critical for a bank to remain solvent and profitable. Banks use that money to lend to borrowers, who then pay interest on their loans. After paying for various costs, banks pay money on savings deposits to attract new savers and keep the ones they have.
Explanation:
Which of the following might negatively impact the recruitment process?
A. Lack of competition from other businesses
B. Working with a recruiting agency
C. Lack of available qualified job applicants
D. Too many qualified job candidates
Answer:
Its answer C
Explanation:
If there aren't many qualified job applicants its harder for you to recruite people.
In the state of Texas, an additional license is required for barber instructors.
True
False
Individuals are no longer required to have instructor licenses to teach courses in licensed barber or cosmetology schools in Texas. Individuals teaching courses at a licensed barber or cosmetology school in Texas must have a TDLR barbering or cosmetology license in the specialty area they will be teaching.
1. What is the required reserve ratio? (1 point)
Othe deposits that commercial companies make in banks
O the amount of money a bank has to loan out
O the portion of a deposit that a bank must keep on hand
Othe ratio of commercial to personal loans that a bank makes
Answer: C. the portion of a deposit that a bank must keep on hand
Explanation:
The Clarks borrowed $175,000 from a lender to purchase a townhous
is an example of
O A. a line of credit
O B. collateral
O C. a mortgage
O
D. revolving credit
Answer:
C. A Mortgage
Explanation:
Which of the following about credit cards is FALSE?
Credit cards have annual fees, merchant fees, and interest charges.
Credit card interest rates are usually similar to the interest rates for a line of credit.
Banks will often set the credit card’s APR at 0% as an introductory rate to attract customers.
Banks will offer different incentives for using their credit cards.
Answer:
banks will often set the credit card's APR at 0% as an introductory rate to attract customers
Analyse why the social benefit of education exceeds the private benefit
There are many benefits of education, it is very important in different fields and it is also very important in your private life, if you are educated then your next generation will not have any problem and you too will be a good.
Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued at a discount includes a __________ to __________.
debit; Discount on Bonds Payable
credit; Discount on Bonds Payable
credit; Interest Expense
debit; Cash
Q1: In about 200 words, write an essay analyzing the below case study using the SWOT framework.
• Students are required to define each key concept (SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study. (60%)
Nike’s Goddess
Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women.
In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer.
Just Doing It Differently
For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade.
How to Sell to Women
Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home.
How to Design for Women
Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women.
How to Talk to Women
When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’
Q2: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples. (40%)
Essay writing is given to students in order to test their writing and reading skills.
How to write an essay?Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic. In this case, it is an essay analyzing the STEEPLE Module.
Research should be done on the topic and create an essay outline. STEEPLE stands for social, technological, economic, environmental, political, legal, and ethical. Set your argument in the introduction and develop it with evidence.
Finally, check the content, grammar, formatting, and spelling of your essay.
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A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.
In which of the following economic markets is the cable company operating?
Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.
What is a monopolistic market?
This is a type of market that has only one company that is in charge of offering products or services to the public.
The market here is a cable tv and internet company that provides services to the community.
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Simplify by combining like terms. (a) 6x+8x
Answer:
14x
Explanation:
6+8=14
6x+8x=14x
what is micro environment
The middle layer of elements in a firms external environment, primarily concerned with a firms industry situation.
The micro marketing environment consists of certain forces that are part of an organisations marketing process, but remain external to the organisation. This micro marketing environment that surrounds organisations can be complex by nature, however, the company has an element of control over how it operates within this environment.
Which of the following best describes how a condominium is owned?
O A. A group of partners own the building and rent each apartment to
the residents.
O B. The residents of a condominium are shareholders in a corporation
that owns the building.
C. A condominium is an apartment that is owned by the resident
rather than a landlord.
O D. Condominiums are apartments owned by a landlord who charges
rent to the residents.
Answer: A condominium is an apartment that is owned by the resident rather than a landlord.
so it would be O. A
It is ____________ to miss a job opportunity because you are a minority worker.
Reverse discrimination
When a person is denied an opportunitity because of preferences given to protected-class individuals who may be less qualified.
Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over its useful life during year won the company extracted 7300 tons of copper the copper was sold for $5800 per ton assuming that the company incurred 8,855,000 and operating expense during year one based on this information how much net income would Monroe report in year 1
Answer:
I think it would be B
Explanation:
hope this helps if not please let me know
Based on what you see in the Employee Complaint Log, what type of culture has HyrdoHealth been exhibiting?
Answer:
organization has a team oriented culture because it is collaborative and values teamwork and cooperation among employees.
Explanation:
hope this helps if not please let me know