Major corporate governance issues normally involve strategic-level decisions. Strategic choices are those that take into account the complete operating environment of the business, all of its resources, all of its employees, and the interface between these factors. The mission, vision, and/or objectives of a corporation are used to inform strategic decisions.
An instance. A cat food company manager observes that his consumers prefer fresher, higher-quality food to cat food that is sold in cheap, big amounts. Depending on the level at which they take place, decisions can also be divided into three groups. Organizational direction is determined by strategic decisions.
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the process for converting present values into future values is called . this process requires knowledge of the values of three of four time-value-of-money variables. which of the following is not one of these variables?
The trend between the present and future values of an investment is the process for converting present values into future values this process requires knowledge of the values of three of four time-value-of-money variables
What is meant by Investment ?
An investment is a purchase made with the hope of generating income or capital growth. Appreciation is the term used to describe how an asset's value grows over time. A person invests in a good with the intention of using it to build wealth in the future rather than for current consumption.
An investment requires the today's spending of some capital, such as time, money, effort, or an asset, with the anticipation of a future return greater than the initial investment.
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Sam is planning to open a pool cleaning business from his home. sam’s business will come with a set-up cost of $9,000 and an annual operational cost of $30,500. sam anticipates an annual profit of $45,000 for the first year and expects profits to increase by 5.5% annually for the next 5 years. this is all information sam should include in the _____ component of his business plan. a. organization plan b. financial analysis c. executive summary d. implementation plan please select the best answer from the choices provided a b c d
Sam is planning to open a pool cleaning business from his home. Sam's business will come with a set-up cost of $9,000 and an annual operational cost of $30,500. Sam anticipates an annual profit of $45,000 for the first year and expects profits to increase by 5.5% annually for the next 5 years. this is all information Sam should include in the financial analysis component of his business plan.
What is Financial Analysis?
Financial analysis is the process of assessing the performance and suitability of enterprises, projects, budgets, and other financial-related transactions. Financial analysis, if done internally, can assist fund managers in making future company decisions or looking back at historical trends for prior accomplishments. Financial research, when done externally, can assist investors in selecting the finest investment possibilities.
Financial analysis is used to assess economic trends, establish financial guidelines, create long-term corporate activity plans, and pinpoint potential investment opportunities. This is accomplished by combining financial data with numbers. Calculating ratios from the data in the financial statements to compare against those of other companies or against the company's own historical performance is one of the most popular methods for analyzing financial data.
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megan, a human resource manager, recently approved the hiring of five summer interns. she will use to decide which departments would benefit from the interns’ employment.
She will use organizing to decide which departments would benefit from the interns’ employment.
How Megan can effectively manage her interns?Get Off to the Right StartMake a strategy for your intern's time with your company before the internship program starts.
Set objectivesHer intern should have two goals when they begin working with her, which she may assist them with. The initial objective is a short-term one.
Evaluate the intern's abilitiesShe could take on interns with a variety of abilities depending on her program.
Create Learning OpportunitiesCreate experiences that will allow your intern to develop based on her aims.
Set the Intern upMake sure to prepare her team and learning experiences as well as provide her interns with the tools they require to successfully fulfill their job.
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As sheet metal stock thickness increases the clearance between punch and die should:_________
The clearance between the punch and die should expand as the thickness of the sheet metal material does as well.
The thicknesses of sheet metal range from 0.5 mm to 6 mm. The metal plate is anything above that. The thin sheet metal is easy to fabricate and has a high degree of strength. For instance, a stainless steel sheet with a gauge of 14 is thicker than one with a gauge of 20. A lot of sheet metal producers use steel that is 8 gauge or thinner. Steel that is thicker than that is known as plate metal and is no longer referred to as sheet metal. Clearance is the additional space needed in the die's hole for the punch to fit through and puncture the material. To properly pierce a well-made hole, the punch and die must have the proper amount of clearance. A big burr on the die side and additional rollover distortion where the punch penetrates the material are the effects of excessive punch and die clearance. Therefore, the material's characteristics and thickness are the key determinants of the clearance value. The die clearance value increases with the material's hardness or thickness.
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to maximize utility, a consumer with a fixed budget will purchase quantities of goods so that the ratios of the marginal utility of each good to its group of answer choices price are the greatest total utility are the greatest. price are equal price are equal to one total utility are the same
To maximize utility a consumer with a fixed budget will purchase quantities of goods so that the marginal utility ratios of each good and the prices of goods will be equal.
The utility can be defined as the enjoyment a consumer derives from the goods that he consumes. The wants of a person can be unlimited but their resources to meet those wants are generally limited. So the customer has to use their limited resources (fixed budget) in such a way that they can enjoy most of their wants.
So the customer will try to divide their fixed budget to purchase a number of goods so that the marginal utility should be equal. The marginal utility can be expressed as the enjoyment that the customer gets from his goods should be maximum. The marginal utility will reduce if the customer consumes one more good.
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schrand aerobics, inc., rents studio space (including a sound system) and specializes in offering aerobics classes. on january 1, 2019, its beginning account balances are as follows: cash, $5,000; accounts receivable, $5,200; equipment, $0; notes payable, $2,500; accounts payable, $1,000; common stock, $5,500; retained earnings, $1,200; services revenue, $0; rent expense, $0; advertising expense, $0; wages expense, $0; utilities expense, $0; interest expense, $0.
Schrand Aerobics, Inc.
a. Journal Entries:
Debit Accounts Payable $600
Credit Cash $600
To record the payment of cash.
Debit Rent $3,600
Credit Cash $3,600
To record the payment of cash.
Debit Accounts Receivable $11,500
Credit Service Revenue $11,500
Record the billing of clients.
Debit Advertising $500
Credit Accounts Payable $500
To record advertising promotion
Debit Cash $10,000
Credit Accounts receivable $10,000
To record the receipt of cash.
Debit Wages $2,400
Credit Cash $2,400
To record the payment of cash
Debit Utilities $680
Credit Accounts Payable $680
To record utility expenses.
Debit Interest $20
Credit Cash $20
Record the payment of interest on notes payable.
Debit Retained Earnings $900
Credit Cash $900
To record the payment of dividends.
Debit Equipment $4,000
Credit Cash $4,000
To record the payment for the purchase of sound equipment.
b. T-Accounts:
Cash
Description Debit Credit Balance
Balance $5,000
Accounts payable $600 4,400
Rent 3,600 800
Accounts receivable 10,000 10,800
Wages 2,400 8,400
Interest 20 8,380
Dividend 900 7,480
Equipment 4,000 3,480
Accounts Receivable
Description Debit Credit Balance
Balance $5,200
Service Revenue 11,500 16,700
Cash 10,000 6,700
Equipment
Description Debit Credit Balance
Cash $4,000 $4,000
Notes Payable
Description Debit Credit Balance
Balance $2,500
Accounts Payable
Description Debit Credit Balance
Balance $1,000
Cash $600 400
Advertising $500 900
Utilities 680 1,580
Common Stock
Description Debit Credit Balance
Balance $5,500
Retained Earnings
Description Debit Credit Balance
Balance $1,200
Dividends $900 300
Services Revenue
Description Debit Credit Balance
Accounts receivable $11,500 $11,500
Rent Expense
Description Debit Credit Balance
Cash $3,600 $3,600
Advertising Expense
Description Debit Credit Balance
Accounts payable $500 $500
Wages Expense
Description Debit Credit Balance
Cash $2,400 $2,400
Utility Expense
Description Debit Credit Balance
Utilities payable $680 $680
Interest Expense
Description Debit Credit Balance
Cash $20 $20
Journal entries record the transactions initially with debit and credit to the accounts affected.
The T-accounts are the general ledger accounts where transactions are summarized and a balance for each account is obtained.
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teresita has several open positions at her firm. what could teresita's firm offer millennial candidates to attract them to her firm?
We can actually deduce that as Teresita has several open positions at her firm, what Teresita's firm could offer millennial candidates to attract them to her firm is: Flexibility in work arrangements.
What is flexible work arrangement?Flexible work arrangements are known to be to be alternate schedules which are different from the traditional working day and week. This method usually allows employees to choose different work schedule in order to meet up with other expectations.
We see here that Teresita has several open positions and when she comes up with flexible work arrangements, there will an attraction of millennial candidates.
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__________ provides an organization an agreed upon data definition and metrics that.
Data governance provides an organization an agreed upon data definition and metrics that. Data governance is a set of principles for managing data throughout its life cycle, from acquisition to use to disposal. Every company need data governance.
As businesses across all industries embark on digital transformation journeys, data has swiftly become their most important asset. Data governance (DG) is the process of managing data availability, accessibility, metrics, and security in corporate systems using internal data standards and policies that also control data usage.
Data governance is concerned with data quality and reliability; it provides the rules, policies, and procedures that ensure metrics data accuracy, dependability, compliance, and security.
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Assume that maxine decides that she needs a wardrobe update. what would you feel is an appropriate amount of business clothing for maxine to own in order to succeed at her job?
Your after-tax income is the quantity you acquire after taxes are taken from your paycheck, inclusive of which includes national tax, local tax, and Medicare and Social Security tax. if you're a worker with a steady paycheck your after-tax earnings are simple to determine. If fitness care retirement contributions or other deductions are taken out of your paycheck, truly upload them again if you're self-hired, your after-tax income equals your gross income, minus your business expenses such
Because the value of your computer or airfare to meetings, minus the amount you put apart for taxes really is the million-greenback query. Any payment that you may forgo with the best minor inconvenience, like your cable invoice or your back-to-school apparel, is a need. Any charge that would critically affect your great of life, together with energy and prescription drugs, is a want.
Close relationships, more than cash or repute, are what preserve humans glad during their lives, the examine found out. the one's ties shield people from existence's discontents, help to postpone mental and physical decline, and are higher predictors of long and happy lives than social class, IQ, or maybe genes.
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Some economists believe that if companies address economic and legal issues, they are satisfying the demands of society, and that trying to anticipate and meet additional needs would be almost impossible. Which economist’s theory are they following most closely with this belief?.
Some economists think that if companies manage economic and legal issues, they are fulfilling the needs of society and that trying to anticipate and meet other needs would be nearly impossible. Milton Friedman's economist's theory follows most closely with this idea.
Which is a causes why economists may disagree?There are three causes economists may conflict with one another: They have disparities in scientific judgment; observations emanating from the positive analysis may support contending theories. Economics is a fairly young science—less than 300 years.
Corporate social duty is traditionally broken into four classes: environmental, ethical, philanthropic, and economic responsibility.
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Despite being located outside the united states, foreign banks are under the regulation of the federal reserve board. True or false
It is false that despite being located outside the united states, foreign banks are under the regulation of the federal reserve board.
What banks are regulated by the Federal Reserve?Several institutions regulate the banking industry, including the Federal Reserve System. State-chartered member banks, bank holding companies, foreign branches of U.S. national and state member banks, Edge Act Corporations, state-chartered U.S. branches and agencies of foreign banks, as well as these entities are all governed by the Federal Reserve. National banks must belong to the Federal Reserve System, although the Office of the Comptroller of the Currency oversees them (OCC).
As the federal regulator of bank holding companies, the Federal Reserve oversees and controls a number of significant banking organizations (BHCs). The National Information Center of the Federal Reserve System offers an online list of the Top 50 BHCs. Additionally, the Federal Reserve is able to regulate financial holding firms because to the Gramm-Leach-Bliley Act of 1999.
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under the doctrine of comparative negligence, only the plaintiff’s negligence is taken into consideration.
It is False to say that under the doctrine of comparative negligence, only the plaintiff’s negligence is taken into consideration.
What is meant by doctrine of comparative negligence ?
In some states, casualty insurance is governed by the tort law idea of comparative negligence. According to the concept of comparative negligence, each party involved in an accident is held responsible for their respective portions of the accident's culpability and/or negligence. Because of this, insurers can place blame and handle insurance claims appropriately.
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According to the sarbanes-oxley act, if a ceo is found to have willfully misrepresented company finances, they could face a penalty of?
According to the sarbanes-oxley act, if a ceo is found to have willfully misrepresented company finances, they could face a penalty of conflict of interests.
What do you mean by conflict of interests?
A conflict of interests is when a person has a personal interest in an issue that comes up during their work. This can be problematic because they may not be able to objectively deal with the situation, compromising the integrity of their work.
Additionally, it's possible for them to make decisions based on their own biases rather than what is best for the organization or clients they're working with.
It's important to disclose any potential conflicts of interests as soon as possible so that appropriate steps can be taken to prevent them from influencing your judgment or actions. Also, ensure that all information you provide during reviews and interviews is accurate and impartial. Otherwise, you could end up putting your employer at risk by falsifying data or with holding relevant information about yourself.
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_______ is required when operating a jointer
Safety glasses is required when operating a jointer.
How do you stay safe when using a jointer?Your question is incomplete so I will give a general overview of the question to help you understand the concept.
When using a jointer, it is important that you wear safety glasses to avoid anything getting into your eyes. A face shield is also recommended.
You should also wear something to protect your hearing from the noise that the jointer would be making which can be quite loud and damaging in the long term is care is not taking.
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a. managerial accounting reports provide information for investors and creditors to make decisions. b. managerial accounting information is used only by people inside the organization for decision making, planning, and control. c. financial accounting reports can include nonfinancial data. d. this class will focus on generating and interpreting financial accounting reports.
Investors and creditors might use managerial accounting reports as information for making choices. This is the true statement.
Identification, measurement, analysis, interpretation, and communication of financial information to managers for the pursuit of an organization's objectives are all part of managerial accounting. Because its intended use is to support users within the company in making informed business decisions, managerial accounting differs from financial accounting. The goal of managerial accounting is to enhance the quality of information provided to management about business operation parameters. Managerial accountants make use of data on the price and sales revenue of the company's produced goods and services.
The question is incomplete, complete question is:
Which of the following statements is true a. managerial accounting reports provide information for investors and creditors to make decisions. b. managerial accounting information is used only by people inside the organization for decision making, planning, and control. c. financial accounting reports can include nonfinancial data. d. this class will focus on generating and interpreting financial accounting reports.
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some trends in today's workplace include an emphasis on teamwork, an increase in telecommuting, and .
some trends in today's workplace include an emphasis on teamwork, an increase in telecommuting, and an increase in evolving communication technologies
What is telecommuting?The term "remote work" refers to employment arrangements in which employees do not commute to a central place of employment, such as an office building, warehouse, or retail store. It is also referred to as "work from home" (WFH), "work from anywhere," "telework," "remote job," "mobile work," and "distance work." As an alternative, work can be done at home in a study, a tiny office or home office, or even a telecenter. A distributed corporation is one that employs only remote work from every employee.
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Evidence concerning the proper segregation of duties for receiving and depositing cash receipts ordinarily is obtained by?
Evidence concerning the proper segregation of duties for receiving and depositing cash receipts ordinarily is obtained by the auditor from observation.
The amount of money received during a transaction involving the transfer of cash or cash equivalents is acknowledged in writing on a cash receipt. The original copy of the cash receipt is provided to the buyer, and the seller keeps the backup copy for record-keeping purposes.
Cash receipts serve as the official record of each sale your company makes. A copy of the cash receipt is given to the consumer as proof of purchase, and a second copy is retained by the company that performed the sale.
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An industry consists of five firms with equal annual sales. what is the industry's hhi?
The industry's hhi is 2000.
HHI = s1^2 + s2^2 + s3^2 + ... + sn^2
10000*[(1/5)^2 +(1/5)^2+(1/5)^2+(1/5)^2+(1/5)^2]
=0.2*10000
=2000
These sectors are broken down similarly into 24 industry businesses, sixty-nine industries, and 158 sub-industries. There are more class standards, together with enterprise type Benchmark (ICB), well-known industrial category (SIC), North American industry category machine (NAICS), and others.
Industries can be categorized in a selection of approaches. at the top stage, the industry is frequently categorized in step with the 3-sector concept into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services).
Primary industries are worried about extracting and manufacturing raw materials such as wood, coal, grain & iron. Secondary industries include processing raw materials into numerous items, such as steel in automobile manufacturing and introducing textiles.
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The industry's HHI is 2000.
HHI = s1^2 + s2^2 + s3^2 + ... + sn^2
10000*[(1/5)^2 +(1/5)^2+(1/5)^2+(1/5)^2+(1/5)^2]
=0.2*10000
=2000
These sectors are broken down similarly into 24 industry businesses, sixty-nine industries, and 158 sub-industries. There are more class standards, together with enterprise type Benchmark (ICB), well-known industrial category (SIC), North American industry category machine (NAICS), and others.
Industries can be categorized in a selection of approaches. at the top stage, the industry is frequently categorized in step with the 3-sector concept into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services).
Primary industries are worried about extracting and manufacturing raw materials such as wood, coal, grain & iron. Secondary industries include processing raw materials into numerous items, such as steel in automobile manufacturing and introducing textiles.
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corporation abc had taxable income of $50,000 for its tax year ended december 31, 2022. corporation abc owes $ in corporate income taxes for 2022.
Corporation ABC owes $10,500 in corporate income taxes for 2022. Since the corporate income tax rate is 21% & Taxable income given in the question is 50,000. By applying the tax rate on the taxable income we get Corporate Income taxes to be paid by ABC for the year 2022.
Taxable Income = 50,000
Corporate Income tax rate = 21%
Income Tax = 50,000*21% = 10,500
The corporate taxation rate depends on the taxable amount. The taxable amount is that the taxable profit during a year reduced by deductible losses.
Corporate tax in India is levied on both domestic similarly as foreign companies. Like all individuals earning income are imagined to pay a tax on their income, business houses too are purported to pay as tax a particular portion of their income earned. This tax is understood as corporate tax or corporation tax or company tax.
The Minimum Alternate Tax or MAT is applicable on all the businesses. Foreign companies which have income sources in India are at risk of pay MAT
However, there are certain exemptions as per the regulations of the MAT. Companies that have a setup for keeps insurance business are exempted from the purview of MAT under Section 115B. Companies having income generated through shipping are exempted from the purview of MAT under Section 115V-O.
The minimum alternate charge per unit can not be but 15% for both domestic and foreign companies. this is often supported the book profits as per section 115JB. MAT is levied at the speed of 9 % plus surcharge and cess as applicable just in case of an organization, being a unit of a global financial services center, which derives its income solely in convertible exchange.
In order to compute corporate tax on the income of a corporation it's necessary to first learn what all factors structure the whole income of any company.
Profits from business
Income from property
Capital gains
Income from other sources like foreign dividends, interests etc.
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cvs is the largest pharmacy retailer in the united states with more than 9,600 stores—to sustain its competitive advantage, it uses a strategy of locational excellence, which means it
With more than 9600 locations, CVS is the largest pharmacy retailer in the United States. To maintain its competitive advantage, it employs a locational excellence strategy here CVS is Conveniently Positioning itself in high-traffic areas.
More about Positioning:
Positioning is a term used to describe how a brand is perceived by consumers, how it stands out from that of competitors' products, and how it differs from the idea of brand awareness.
Companies can use the marketing mix to position their products or brands by emphasising their distinctive qualities (what their brand is, what it does, how it does it, etc.), or they can attempt to project the right image (cheap or expensive, utilitarian or luxurious, entry-level or high-end, etc.) through their branding strategies, it helps a company to build a competitive environment. It can be challenging to reposition a brand once it has established a solid position.
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housing is a good that tends to take up a substantial share of a consumer's spending. if the price of housing increases, this will result in: a the income effect increasing the quantity demanded of housing while the substitution effect is decreasing the quantity demanded of housing. b the income effect decreasing the quantity demanded of housing while the substitution effect is increasing the quantity demanded of housing. c the income effect having no effect on the quantity demanded of housing while the substitution effect is decreasing the quantity demanded of housing. d both an income and substitution effect to increase the quantity demanded of housing. e both an income and substitution effect to decrease the quantity demanded of housing.
Housing is a good that tends to take up a substantial share of a consumer's spending. if the price of housing increases, this will result in option(e) i.e, both an income and substitution effect to decrease the quantity demanded of housing.
The construction and designated use of homes or structures, either individually or collectively, for the purpose of shelter, is referred to as a housing or, more broadly, living spaces. Housing, whether it be a home or another type of habitation, lodging, or shelter, ensures that people of society have a place to live.
Additionally, adequate housing can promote labor mobility within an economy and aid in the economy's ability to absorb negative shocks. In other words, the health of the housing market directly affects the state of the economy as a whole. We also anticipate that housing markets will expand and deepen as economies flourish.
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Given an eoq model with shortages in which annual demand is 4200 units, co = $160, cc = $7 per unit per year, and cs = $25, what is the total annual shortage cost?
The total shortage cost is $296.75
The optimal order quantity to reduce inventory expenses, such as holding costs, shortage costs, and order costs is called an economic order quantity, or EOQ.
Q= 2DS/H
where:
Q=EOQ units
D=Demand in units (typically on an annual basis)
S=Order cost (per purchase order)
H=Holding costs (per unit, per year)
What Is Economic Order Quantity (EOQ)?
The best order amount for a corporation to minimise the overall costs associated with ordering, receiving, and retaining inventory is known as the economic order quantity (EOQ).The optimal circumstances for using the EOQ formula are those in which demand, ordering, and holding costs are stable across time.The assumption that the demand for the company's products will remain constant over time is one of the key limits of the economic order quantity.The EOQ formula's objective is to determine the ideal quantity of product units to order. If accomplished, a business can reduce the cost of purchasing, distributing, and storing units. Various production levels or order intervals can be determined using the EOQ formula, and businesses with extensive supply chains and significant variable costs employ an algorithm in their planning.To know more about EOQ example visit:
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If you ate all of the soup from one can, you would consume about __________ calories and about __________ calories would come from fat.
If you ate all of the soup from one can, you would consume about 245 calories and about 70 calories would come from fat.
An energy unit is a calorie. The terms "calorie" and "calories" are used interchangeably for historical reasons. Originally, the large calorie, food calorie, or kilogram calorie was defined as the quantity of heat required to increase the temperature of one kilogram of water by one degree Celsius (or one kelvin). The small calorie, also known as the gram calorie, was defined as the quantity of heat required to increase the temperature of one gram of water by the same amount. 1 large calorie is therefore equivalent to 1000 little calorie.
The term "calorie" and the symbol "cal" are almost universally used in nutrition and food research to refer to the big unit.
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If preliminary net income is defined as revenues - expenses based on the unadjusted trial balance, what is nicole's spa preliminary net income?
If preliminary net income is defined as revenues - charges based totally on the unadjusted trial stability, Nicole's spa initial internet profits: once the entirety is adjusted, you subtract charges, such as taxes, out of your gross profits to derive your internet earnings.
In business and accounting, net income is an entity's income minus the value of goods bought, prices, depreciation and amortization, hobby, and taxes for an accounting length. internet income refers to the quantity a person or commercial enterprise makes after deducting expenses, allowances and taxes. In commerce, internet income is what the enterprise has left over in spite of everything costs, along with salary and wages, cost of products or raw material and taxes.
To calculate net income, subtract your business charges from your total sales. This gives you a photo of your enterprise's profitability — this is, how lots you're incomes after paying to operate your commercial enterprise. net income is from time to time called net income, internet income, or “the lowest line.”
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Segmenting dimensions that help marketing managers decide whether to include a customer type in a product-market are called ______ dimensions.
Segmenting dimensions that help marketing managers decide whether to include a customer type in a product market are called qualifying dimensions.
what is the qualifying dimension?qualifying dimension is the dimensions that are relevant to counting a client sort in a product market. Determining dimensions are the measurements that affect the customer's purchase of a particular item or brand in a product market, e.g. cost. more Sophisticated Segmentation Methods.
Qualifying dimensions are those core features decided to be essential for all segments of a market. Determining measurements are those features particular to each market portion. Assume a company needs to offer an unused natural cotton t-shirt to buyers. The core highlights or qualifying dimensions for all fragments will incorporate the use of natural cotton fabric within the fabricating preparation, comfort, and durability.
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true or false: small and medium-sized companies do not typically benefit from the globalization of markets. true false question. true false
The small and medium-sized companies do not typically benefit from the globalization of markets. This statement is False.
Small and medium-sized companies do typically benefit from the globalization of markets.
The spread of the flow of financial products, goods, technology, information, and jobs across national borders and cultural boundaries is referred to as globalization. In terms of economics, it refers to a global interdependence facilitated by free trade.
Globalization gives businesses a competitive edge across the board. Manufacturing abroad allows them to cut operational expenses, lower or eliminated tariffs allow them to purchase raw materials more affordably, and most importantly, they have access to millions of new customers. One way that globalization has benefited the economy is through fostering cross-border trade in products, capital, and labor. On the other hand, not all industries or nations are experiencing equal growth or job creation.
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3. individual problems 9-3 suppose that a new entry has decreased your demand elasticity from –2 to –3 (made demand more elastic) and that your price, before the new entry, was $20. you should adjust your price to $ due to the new entry and decreased demand elastici
Due to the new entry, you'll have to decrease the price to $22.5.
What is marginal cost?The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics.Say, for illustration, that it costs $100 to produce 100 vehicle tires. It would cost $80 to produce one more tire. The cost to produce one extra unit of a good or service is then known as the marginal cost.Because a corporation seeking to maximize profits will only create until marginal cost (MC) equals marginal income, marginal cost is a key concept in economic theory (MR). Beyond that, the cost of manufacturing a new item will be more than the profit made.Individual problems 9-3 suppose that a new entry has decreased your demand elasticity from –2 to –3 (made demand more elastic) and that your price, before the new entry, was $20. you should adjust your price to $ due to the new entry and decreased demand elastic.
First, we'll have to find out the marginal cost, and for that, we'll use the formula, (P-MC)/P = 1/|Ed|
Here, P= $30 and |Ed|= 2
Therefore, using the formula,
(30-MC)/30= 1/2
Or, 60-2MC = 30
Or, MC= 30/2=15
Now we'll use this same formula with this calculated MC, new elasticity to find the new price.
Therefore, (P-15)/P = 1/3
Or, 3P-45 = P
Or, 2P = 45
Or, P=45/2=22.5
Answer- you'll have to decrease the price to $22.5 due to the new entry.
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If you compute the price elasticity of demand using a quantity of tickets from 1 to 8 and using a quantity of tickets from 1,000 to 8,000, the value of the price elasticity of demand is.
If you compute the price elasticity of demand using a number of tickets from 1 to 8 and using a number of tickets from 1,000 to 8,000, the value of the price elasticity of demand is the same because the percentage change in quantity will remain the same.
The relationship between the percentage change in a product's quantity demanded and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how supply and demand shift in response to changes in a product's price.
Price elasticity quantifies how responsively a good's supply and demand are to changes in price. It is calculated by dividing by the percentage change in price the percentage change in quantity demanded—or delivered.
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If i wanted to find out if certain people in an office building serve as information hubs to their respective departments, i should consider using this type of analysis.
If i wanted to find out if certain people in an office building serve as information hubs to their respective departments, i should consider using social network analysis.
Why is Network Analysis used?
Network analysis is useful for many real-world application problems. It aids us in developing a thorough grasp of the structure of a relationship in social networks, the structure or process of change in natural phenomena, and even the analysis of biological systems of organisms.
Let us utilise the network of social media users as an example once more. Analyzing this network aids in determining the most influential individual or people in an organisation.
1)Defining user group characteristics
2)Prediction of appropriate goods for users
3)Identifying CM targets, and so forth.
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he british government has a consol bond outstanding paying £100 per year forever. assume the current interest rate is 8% per year. a. what is the value of the bond immediately after a payment is made? b. what is the value of the bond immediately before a payment is made? question content area bottom part 1 a. what is the value of the bond immediately after a payment is made? the value of the bond immediately after a payment is made is £enter your response here. (round to the nearest pound.) part 2 b. what is the value of the bond immediately before a payment is made? the value of the bond immediately before a payment is made is £enter your response here. (round to the nearest pound.)
From the question, we are informed that the British government has a consol bond outstanding paying pound 100 per year forever and that the current interest rate is 4% per year.
Value of Bond = 100/4% 2,500.00
The value of the bond here will be the present value of the payment on perpetuity. This will be payment divided by the rate.
= $100/4%
= $100/0.04
= $2500
The bond value here will be the value of the payment added to the value of the bond immediately after payment is made which is calculated in (a) above. This will be the interest rate.
= $100 + $2500
= $2600
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