If the owner were to argue with one of the restaurant managers over whether it was more important to focus on staffing the chef positions or to have the wait staff in the restaurant perform well, then, the source of their conflict will be differing process goals.
What is known as a conflict?Generally, the term conflict means any serious disagreement and argument about something important, that is, when about two people or groups are in conflict, they are having a serious disagreement or non-conclusion about certain things.
What is known as Process Goals?In a business, a Process Goals means the goals that define processes that should be followed to encourage quality outcomes. They typically focus on doing something rather than achieving an end result such as barring outside interference usually considered wholly under the employee's control to meet.
In conclusion, the differing process goals is an example of an interpersonal conflict, these goals are more concern the communication processes that are involved in conflict resolution that influence how decisions are made.
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automated manufacturers uses high-tech equipment to produce specialized aluminum products for its customers. each one of these machines costs $1,480,000 to purchase plus an additional $52,000 a year to operate. the machines have a 6-year life after which they are worthless. assume no tax. what is the equivalent annual cost of one machine if the required return is 16 percent per year?
The equivalent annual cost of one machine if the required return is 16 percent per year is -S453,657.01
What is annual cost?
Equivalent annual cost (EAC) is a financial metric that is used for a variety of reasons, including capital budgeting. However, it is most commonly used to compare two or more potential projects with varied lifespans, where prices are the most important variable. Other applications of EAC include trying to calculate the optimal life of an asset, determining whether leasing or purchasing an asset is the better option, calculating the magnitude of which cost of maintenance will impact an asset, calculating the necessary cost savings to support buying a new asset, and calculating the cost of keeping existing equipment. The EAC computation takes into account a discount factor or cost of capital. The cost of capital is the required return to make a capital budgeting project worthwhile, such as building a new factory.
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calculate the annual incidence rate of salmonellosis per 100,000 population for trinidad and tobago in 1997 on the basis of laboratory-confirmed cases. calculate the annual incidence rate of salmonellosis per 100,000 population for trinidad and tobago in 1997 on the basis of laboratory-confirmed cases.
Number of cases/population per year incidence rate 109 cases per 1,265,000 people per year 0.0000862 cases per year per person 8.6 cases per 100,000 people per year
What is incidence rate?An incidence rate describes the rate at which disease spreads in a population. It is time-based, so it has some advantages over an incidence proportion. Person-time is calculated for each subject, so it can accommodate people entering and exiting the study. For example, if one hundred sow farms were followed for a year and ten of them developed a disease, the incidence risk for that disease was 0.1 or 10%. To put it another way, a sow farm has a 10% chance of breaking even in a year. The rate of qualified responses is referred to as the incidence rate.To learn more about incidence rate, refer to:
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how do private equity firms use incentives (both short term cash bonuses and long term equity) to align managements interests with their own, reinforce a sense of urgency with management, keep management focused on key performance metrics and hold management accountable for achieving such targets?
Employees who participate in equity incentive program receive shares in the business they work for. Shares may be granted in the form of bonds, stocks, warrants, or stock options. The most popular and well-known type of employee equity is stock options.
Explain about the private equity firms?A management agreement for private equity firms typically outlines the remuneration plan and the general partner's ownership stake (GP). The carry charge is typically 20% of earnings above a certain threshold return, while the management cost is often in the range of 2%. Typically, the GP holds 1% of the fund.
Employees who participate in equity incentive programmes receive shares in the business they work for. Shares may be granted in the form of bonds, stocks, warrants, or stock options. The most popular and recognized type of employee equity is stock options.
An equity-based incentive plan's primary purpose is to recruit, keep, and motivate people. Companies frequently give shares or units (these terms are used interchangeably above) in the company to employees, partners, directors, contractors, or other individuals as a form of compensation.
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You have a copy of an invoice sent to a customer for services provided on account. What would the T account look like after analyzing this transaction?
Accounts Payable is credited to increase, and Sales is debited to increase.
Accounts Payable is debited to increase, and Sales is credited to increase.
Accounts Receivable is credited to increase, and Sales is debited to increase.
Accounts Receivable is debited to increase, and Sales is credited to increase.
The way that the the T account look like after analyzing this transaction is D. Accounts Receivable is debited to increase, and Sales is credited to increase.
What is a T account?A T-account is a colloquial term for a collection of financial records that use double-entry bookkeeping. A T-account is so named because the bookkeeping entries are organized in the shape of a T. Just above the T is the account title.
Accounts receivable are the funds owed by a company's customers for goods or services received but not yet paid for. When a customer purchases a product on credit, the amount owed is added to the accounts receivable.
Therefore, when you have a copy of an invoice sent to a customer for services provided on account, the accounts receivable is debited to increase.
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a bank has tier i capital of $90 million and tier ii capital of $70 million. the bank has total assets of $2,522 million and risk-weighted assets of 2,017.6 million. this bank is
Under-capitalized.
The highest quality capital available to a bank is called Tier I capital, which is mostly made up of share capital and stated reserves. On the other hand, some reserves and specific subordinated debt types make up Tier II capital.
What do banks' Tier I capital and Tier II capital mean?The highest quality capital available to a bank is called Tier I capital, which is mostly made up of share capital and stated reserves. On the other hand, some reserves and specific subordinated debt types make up Tier II capital.A bank must maintain a capital reserve ratio of 8%. For Tier 1 capital, it is currently set at 6%, and for Tier 2 capital, the remaining 2%. The typical method for calculating a bank's capital ratio is to divide its capital by all of its risk-based assets.To arrive at the total risk-weighted assets, the risk weighting is a percentage that is applied to the relevant loans. Divide a bank's Tier 1 capital ratio by its Tier 1 capital.To learn more about Tier I capital refer to:
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pat and abe do not sign a contingency for the sale of the buyer's property. however, it is clear that if pat is not able to sell her home, she will not have the downpayment funds necessary to buy abe's home. this is a/an:
pat and Abe do not sign a contingency for the sale of the buyer's property. however, it is clear that if pat is not able to sell her home, she will not have the down payment funds necessary to buy Abe's home. this is a/an: A: Hidden contingency.
Any previously unidentified job site issue that needs to be resolved (or addressed) before the project can proceed is referred to as a hidden contingency. It is anything that is hidden so that the designer would not have had any means of knowing about it when designing the walls, floor, or other finished surfaces. If the plaster or drywall is taken off the walls, for instance, it might be easy to see that there is no insulation there.
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a quick, rough estimate of the time required for money to double can be obtained by dividing which of the following numbers by the compound interest rate? a) 100 b) 72 c) 64 d) 52
Divide 72 by the compound interest rate to get a rough estimate of how long it will take for money to double.
What is interest rate?An interest rate is the amount of interest due per period as a percentage of the amount lent, deposited, or borrowed. The total interest on an amount lent or borrowed is determined by the central sum, the interest rate, the compounding frequency, and the measurement of the time it is lent deposited, or borrowed. An interest rate tells you how much it costs to borrow or how much it pays to save. So, if you're a borrower, the interest rate is the amount you're charged for borrowing money, expressed as a percentage of the total loan amount.To learn more about interest rate, refer to:
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uniquely, a successful lotion manufacturer, sells luxury lotions exclusively for women under the brands uniquely lavish, uniquely luxurious, and uniquely glorious. it has now added uniquely dignified to target a specialized segment of urban men who are particular about their grooming practices. the introduction of uniquely dignified represents multiple choice mass marketing. niche marketing. behavioral targeting. differentiated targeting. undifferentiated targeting.
The introduction of uniquely dignified represents niche marketing.
Niche marketing is defined as directing all marketing efforts to a specific segment of the population. It is critical to understand that the term "niche" does not exist, but is created through smart marketing techniques and identifying what the customer wants.
Niche marketing is a marketing strategy used to target a distinct market segment. A niche market is frequently created by identifying what a customer wants, which can be done if the company knows what the customer needs and then tries to deliver a better solution to a problem that other firms have not presented. A niche market is not a small market; rather, it consists of a specific target audience with a specialized offering.
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wilson widgets, inc. is currently manufacturing more widgets than there is demand. the firm decides to store the excess inventory. unfortunately, as wilson widgets begins to move the inventory, the widget specifications change and the stored widgets become obsolete. what type of waste does this situation illustrate?
The widget specifications change and the stored widgets become obsolete, the type of waste that this situation illustrate is Overproduction.
Overproduction: Producing more than what is required by customers, businesses generate more. Prior to consumption, inventory could become outdated. The act of generating more than is required or too much of something: Due to overproduction, the corporation is in a severe financial situation. Numerous of these subsidies support excessive production.
Example:
Unstable production schedule is an example of overproduction in lean manufacturing. inaccurate demand data and projections. industrial plants and warehouses with too many employees.
Before the buyer even purchases the product, overproduction wastes resources through excessive resource utilisation. Most frequently, excessive production in manufacturing results in time and resource waste. Waste is any time or resources spent producing a product that goes above and beyond the needs of the consumer.
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after the lehman brothers collapse, the federal reserve stood ready to lend financial institutions funds. when the federal reserve did this, it was acting in its role as a lender of last resort. which type of group has this role? informal institution nongovernmental organization formal institution government agency g
When financial institutions are unable to obtain funds from other sources, they must borrow from the lender of the last resort.
What is financial institutions?
A financial institution (FI) is a firm that deals with finances and monetary transactions such deposits, loans, investment, and currency exchange. Financial institutions include a wide range of financial services business operations such as banks, thrift institutions, insurance firms, brokerage firms, and asset dealers. Almost everyone in a developed economy necessitates the assistance of financial institutions on a regular or at least periodic basis. Most people are served by financial institutions in some way, as business statements are a crucial aspect of any society, with individuals and businesses relying on banking firms for payments and investing. Because banks and other financial institutions play such an important role in the economy, governments believe it essential to control and regulate them.
Lender of last resort provides funds to qualifying financial institutions. The country's Central Bank is usually the lender of last resort. They are known as lenders of last resort because they bail out significant financial institutions in severe financial conditions when it becomes impossible for the institutions to raise capital. The Fed is not a government agency or an informal organization. It is not a ngo because its functions are fundamentally different from those of a ngo. As a result, option a) Formal Institution is the correct answer.
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basic assumptions represent the core values of an organization and are multiple choice visible to everyone. difficult to change. easy to change. can be changed as needed.
Basic assumptions represent the core values of an organization and are B. difficult to change.
What is Assumptions?An assumption is something that is assumed to be true or likely to be true but is not confirmed to be true.
Put differently, an assumption is something you believe to be true despite the lack of evidence. for example, if you wear a all black dress, for instance, people could assume you're mourning, even when that's not the case.
In this case, it's important to note that the core values are vital to organizations. Therefore, they're difficult to change.
In conclusion, assumptions are made by organizations and in different fields of study. Therefore, the correct option is B.
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a chapter 13 personal bankruptcy is characterized by all of the following except group of answer choices you maintain title and possession of your assets. your creditors vote on restructuring your net worth. you get relief from harassment by bill collectors. a new debt repayment schedule is determined. you continue to pay at least a portion of most of your debts.
personal bankruptcy is characterized by all of the following except your creditors' vote on restructuring your net worth.
An individual may be declared bankrupt under certain jurisdictions' personal bankruptcy laws. Almost all nations with contemporary legal systems offer some kind of debt relief for private citizens. Corporate bankruptcy differs from personal bankruptcy.
If you successfully complete a court-mandated repayment plan that lasts between three and five years, you may be eligible to keep your property (including secured assets like your home and car) under Chapter 13, often known as a reconstruction bankruptcy.
People have access to the most potent debt repayment plan possible in Chapter 13 bankruptcy. Any additional interest on debts that are dischargeable will not accrue as a result of your Chapter 13 bankruptcy. Just the outstanding balance must be paid on the day you declare bankruptcy.
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45% of americans have less than 1000 saved for a
Answer: Emergency Fund
Explanation: According to recent data from GO Banking Rates, 69% of Americans have savings, worth less than $1,000. That indicates that they are certainly very far away from having a fully funded emergency fund and that they are taking a very huge financial risk. Even worse, 45% of Americans claim to have no savings. That’s true. Not even a single dollar was saved up in a bank account.
pederson company reported the following: manufacturing costs $150,000 units manufactured 5,000 units sold 4,700 units sold for $75 per unit beginning inventory 100 units what is the manufacturing cost for the ending finished goods inventory?
The cost for the ending finished goods inventory is $12000
Finished Goods Ending Stock is the number of goods that are available for purchase but have not yet been distributed. Create a budget for these things before beginning production by figuring out the fundamental costs of supplies, direct labour, and overhead.
Manufacturing cost = $150,000
Units manufactured = 5000
Units sold = 4700
Selling price per unit = $75
Beginning inventory = 100 units
Ending inventory in units = Manufactured units - Units sold + Beginning inventory
= 5000 - 4700 + 100
= 400
Amount of ending finished goods inventory = (Cost of goods manufactured/ No. of units manufactured)*No. of ending inventory in units
= (150000/5000)*400
= $12000
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the laurel corporation starts the year with a beginning inventory of 600 units at $5 per unit. the company purchases 1,000 units at $4 each in february and 400 units at $6 each in october. laurel sells 300 units during the year. laurel uses a periodic inventory system and the fifo inventory costing method. what is the amount of cost of goods sold? multiple choice $1,200 $1,868 $1,500 $1,800
With 600 units in its initial inventory priced at $5 each, the Laurel Corporation is off to a good start. The cost of items sold amounts to $ 1500.
Oldest units must be sold or utilized first according to a solid inventory management system, and inventory should only include recent acquisitions. This can be found in the FIFO costing approach. The FIFO technique gives management little to no control over the choice of units to affect recorded earnings. Inventory valuation and manufacturing costs are both constant and reasonable. The FIFO approach is also simple to use and comprehend.
The stock turnover rate and the frequency of price adjustments both affect how much inventory is valued at current cost. The inventory valuations will take into account the most recent pricing if stocks are changing quickly. The FIFO approach also has other restrictions.
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Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known as __________.
Dividing a market into smaller segments of buyers with distinct needs or behaviors that might require separate marketing strategies is known asmarket segmentation
What is the process of dividing a market into smaller groups?Market segmentation refers to “dividing a market into smaller segments of buyers with distinct needs, characteristics, or behaviors that might require separate marketing strategies or mixes,” targeting is defined as “evaluating each market segment's attractiveness and selecting one or more segments to enter,” Based on demographics, demands, goals, shared interests, and other psychographic or behavioral characteristics used to better understand the target audience, market segmentation divides a market into subsets.You may use this targeting in your product, sales, and marketing efforts by analyzing your market segments. The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types. Three Different Types of Segmentation and Their Use psychologically based segmentation.The values, beliefs, perceptions, attitudes, interests, and actions of the consumer are taken into account by this segmentation technique.segmentation based on demographics.segmentation by location. Segmentation is the process of breaking up your audience into more manageable groups according to specific traits.By dividing your target market into smaller groups, you may more effectively communicate the products, services, and advantages that may be most appealing to them.To learn more about market segmentation refer
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firm a and firm b both have total revenues of $200,000 and total costs of $250,000; firm a has total fixed costs of $40,000, while firm b has total fixed costs of $70,000. which of the following statements are true in the short run? a. firm a should operate. b. firm b should operate. c. firm a should shut down. d. firm b should shut down. e. both a and d f. both b and c
Correct option is f which is both b and c
Firm should operate and firm should close respectively.
A has two options: continue operating or stop.
Stay alert: 50K ($200-$250K) in losses, or 40K in losses (fixed costs)
B has two options: continue operating or stop.
Stay alert: 50K ($200-$250K) in losses, then 70K in losses (fixed costs)
Closing is the best option for A, whereas remaining open is the best option for B.
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using the following information, what is the amount of merchandise available for sale? purchases $32,000 purchases discounts $ 960 merchandise inventory, september 1 5,700 merchandise inventory, september 30 6,370 sales returns and allowances 910 sales 63,000 purchases returns and allowances 1,200 freight in 1,040 $35,540 $36,580 $37,700 $34,500
The amount of merchandise available for sale is $30,210
The cost of goods sold is the total price an organisation directly pays to produce the products it sells.
Using the formula for cost of goods sold -
Cost of merchandise sold = cost of merchandise purchase - the cost of merchandise left in inventory
= Purchases - Purchases discounts - Purchases returns and allowances + Freight
= 32,000 - 960 - 1,200 + 1040
= 30880
- ( Merchandise inventory on September 30 - Merchandise inventory on September 1 )
= 6370 - 5700
= 670
Merchandise for sale -
= 30,880 - 670
= 30,210
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jerry recently was offered a position with a major accounting firm. the firm offered jerry either a signing bonus of $23,000 payable on the first day of work or a signing bonus of $26,000 payable after one year of employment. assuming that the relevant interest rate is 10%, which option should jerry choose?
Assuming that the relevant interest rate is 10% in a major accounting firm, the option to choose is the signing bonus of $26,000 payable after one year of employment.
What is accounting?Accounting, usually referred to as accounting, is the measurement, processing, and communication of financial and non-financial data regarding economic entities like firms and corporations. Accounting, sometimes referred to as the "language of business," measures the outcomes of an organization's economic actions and disseminates this data to numerous stakeholders, including investors, creditors, management, and regulators. Those who work in the accounting industry are known as accountants. Frequently used interchangeably are the words "accounting" and "financial reporting."
Financial accounting, management accounting, tax accounting, and cost accounting are some of the subfields of accounting that can be split.
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coronado cannot use the income statement as a measure of cash flows because it is calculated on a(n) basis rather than a(n) basis. a. annual; accrual b. annual; cash c. accrual; cash d. cash; accrual
Coronado cannot use the income statement as a measure of cash flows because it is calculated on an accrual basis rather than a cash basis.
What is accrual?Accruals are accounting adjustments used to track and record income earned but not received, or expenses incurred but not yet paid.Accrual accounting is an accounting technique in which an accountant records income and/or expenses as transactions occur or payments are made. The most common examples of accrual accounting are sales on credit, purchases on credit, rent paid, utilities, depreciation, audit expenses, and other similar things.Under accrual accounting, an entity recognizes revenue when earned and expenses when incurred. This is often before (and sometimes after) the money is actually received or spent.To learn more about accrual from the given link :
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distribution in many developing countries is difficult because of the lack of reliable transportation infrastructure due to natural disasters. this is an example of what type of forces affecting global trade?
Licensing. While franchising is an option for service industries, manufacturing industries use licensing the most. In exchange for a fee, a license allows a foreign company to create a company's product in another country.
Which of the following is the primary reason that nations employ the dumping strategy?
The capacity to permeate a market with product prices that are frequently regarded as unfair is the primary advantage of trade dumping. When the products sell below their manufacturing cost, the exporting nation may provide the producer with a subsidy to offset losses.
A country is said to have (a) a trade deficit when the value of its imports exceeds the value of its exports.
Due to the fact that not all nations possess the resources and expertise required to produce certain goods and services, exports and imports are crucial to the growth and development of national economies. However, in order to safeguard their domestic industries, nations impose trade barriers such as import quotas and tariffs.
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canada is currently the second largest producer of nickel in the world. the reopening of the world famous voisey's bay mine, which has total resources estimated at 124 million tons of nickel-bearing ore, should give canada a clear:
The reopening of the world famous Voisey's bay mine in Canada should give it a clear comparative advantage.
Since 2005, Voisey's Bay located 35 kilometers south of Nain on the north shore of Labrador, has been producing nickel. The Voisey's Bay Mine Expansion Project was started in July 2015 after Vale's Board of Directors approved the development of the natural deposits. The project created thousands of new job opportunities to support the phases of development and operations. Additionally, it has also increased local communities' economic participation.
By granting access to two distinct subsurface resources, Reid Brook and Eastern Deeps, the roughly $2 billion initiative will safeguard the existence of mining in Canada.
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coral company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $297,000. what are the proceeds allocated to the common stock?
Coral company issues 6,000 shares of its $5 par value common stock having a fair value of $25 per share and 9,000 shares of its $15 par value preferred stock having a fair value of $20 per share for a lump sum of $297,000.
=[(6,000 × $25) ÷ [(6,000 × $25) + (9,000 × $20)]] × $288,000
= $130,909.
Shares, also known as stocks, are securities that represent partial ownership of the issuing company. A unit of stock is called a "share" and allows the holder to receive a portion of the company's assets and profits equal to the number of shares held.
Shares represent ownership of the listed company. When you buy stock in a company, you become a joint owner of that company. For example, if a company owns 100,000 shares of him and he buys 1,000 of them, he owns 1% of the company. Equity means a share of ownership in a company. An example stock is 100 shares of Disney Corporation.
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a consumer products company reported a 25 percent increase in sales from last year to this year. sales last year were $200,000. this year, the company reported cost of goods sold in the amount of $150,000. what was the gross profit percentage this year?
The gross profit percentage this on the sales of $250,000 and cost of goods sold of $150,000, will be 40%.
Given Information:
Increase in sales = 25%
Sales last year = $200,000
Increase in sales = $200,000*25% = $50,000
New sales = $250,000
Cost of goods sold = $150,000
Gross profit = $250,000- $150,000 = $100,000
Gross profit percentage = $100,000/$250,000*100
= 40%
Gross profit is the total amount of money a business earns after subtracting costs for manufacturing, transporting, and selling its products or services. A company's income statement will show gross profit, which would be derived by deducting cost of goods sold (COGS) from earnings (sales).
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a successful ride-sharing company has decided to raise money for its second phase of expansion by issuing shares of stock and becoming a publicly-traded company, so they create a prospectus for potential investors. what type of stock market transaction is taking place? secondary market offering private placement ipo share buyback
the Type of stock market transaction taking place is IPO.
An initial open offering (IPO) is the method of advertising offers of a private organization to the public in a new stock issuance for the first time. An IPO permits a company to raise value capital from open investors and the move from a private to an public company can be a vital time for a private investors to ultimately realize picks up from their speculation because it regularly incorporates a share premium for the current private investors. In the meantime, it also permits public investors to involve in the advertising. The IPO process comprises of two parts, the primary one is the pre-marketing stage of the advertising, whereas the secondary one is the beginning public offering itself. When a company is curious about an IPO, it'll publicize to investors by requesting private offers to them or moreover make a public explanation to produce interest.
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What has prevented you from saving money in the past? based on what you’ve learned, what can you do to change this?.
Whether or not you pick to pay off the very best interest-fee money owed first or pay down the smallest balances first, it is essential that you decide to pay it all off.
The faster you unfastened yourself of debt, the more money you'll lose to meet your financial savings desires.
Every other impediment to saving money can be a lack of economic literacy. It's imperative to enhance your economic knowledge due to the fact that frequently parking all your cash in a financial savings account will now not be enough.
Reasons why you ought to save money
monetary independence.dwelling debt-loose.unforeseen fees.buying a home.shopping for a car or different big-price ticket purchases.medical emergencies.making plans for your retirement.constructing a college fund for your children.Learn more about interest here: https://brainly.com/question/24924853
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You pay $0. 25 per name for list a and get a click rate of 5%. You pay $0. 35 per name for list b and get a click rate of 10%. Which list has the lower cost-per-click?.
As long as the units of measurement are the same, a unit rate can be used to compare two rates.
How is a rate transformed into a unit rate?Using a unit rate to represent a rate: Dividing the rate's numerator and denominator by the denominatorList A and B as there were two clicks.List A pays 0.25 dollars and has a 5% clickthrough rate.
Therefore, a click rate of 1% costs $0.25/5, or $0.05.
The same goes for list B.
10% payment done for a click equals $0.35.
As a result, one click payment is 0.35/10, or 0.035.
We can compare the two rates now that they have both been converted to rates per unit click.
List A is 0.05, while List B is 0.035.
List A unit click rate is higher than list B's
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a comparative balance sheet and income statement is shown for cruz, incorporated.what is the net increase or decrease in the cash account for year 2021?
A comparative balance sheet and income statement is shown for cruz, incorporated. The net increase or decrease in the cash account for year 2021 is $75,400.
What is cash ?Cash is legal tender (currency or coin) that can be used to exchange goods, liabilities, or services.balance sheet may also include the value of assets that can be easily converted into cash quickly, as reported by the company.In finance and accounting, cash refers to readily available money (currency). balance sheet can be held in physical or digital form, or invested in short-term money market instruments. In economics, cash refers only to money in physical form.Cash includes banknotes, coins, bank deposits, money orders and checks. Cash is used to purchase goods and services or to fulfill obligations. Items that do not meet the definition of cash are balance sheet checks and bills receivable.To learn more about cash from the given link :
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what kinds of industries tend to be better performers in the medium to long term? why? what kinds of industries tend to do poorly in the medium to long term? why?
The financial sector, the industrial sector, and capital goods appear to be on track for success in 2022.Pharmaceuticals are also trying to make a name for themselves, and some experts have bet on cars and real estate, while others have advised against it.
What is an expanding industry?A sector of an economy that grows at a faster rate than the average than other sectors is called a growth industry. The majority of growth industries are brand-new or pioneering sectors that did not previously exist. Demand for brand-new goods and services from businesses in the sector is the driving force behind their expansion. The technology industry is an illustration of a growing industry because of the success of its products, which has resulted in stock market valuations of multibillions of dollars for tech companies.
Characteristics of Growth IndustriesCompanies in an industry that consistently and rapidly increase their sales and invest a lot are two examples of growth industries. This frequently comes with a lot of press hype. Growth industries typically consist of stocks that are risky and relatively volatile. In order to share in the potential substantial gains, investors frequently are willing to take on more risk.
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a company purchased new equipment for $60,000. the company paid cash for the equipment. other costs associated with the equipment were: transportation costs, $1,000; sales tax paid $2,000; and installation cost, $2,500. the correct amount to capitalize in the equipment account would be:
The amount to capitalize in the equipment account would be: 65,500
According to IAS 16 Property, Plant and Equipment, an asset's cost consists of:
combined with import taxes and duty the first estimate of the costs of dismantling and removing the item and restoring the place on which it is located, as well as any expenses directly related to transferring the asset to the location and condition required for it to be able to operate as intended by management
In the example, the asset cost $60,000 to purchase, $1,000 was needed for delivery to the site desired by management, $2,000 was needed for sales tax, and another $2,500 was needed for installation in order for the asset to operate as intended by management. As a result, all of these expenses would be 65,000
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