The opportunity costs of using owned resources are costs for which no monetary payment is explicitly made. The term "opportunity cost" is used to refer to the benefits that are forgone as a result of pursuing one alternative over another.
The concept of opportunity cost is essential in economics because it helps people make better choices when faced with a scarcity of resources. The opportunity cost of a particular activity is determined by comparing the benefits of that activity to the benefits of the next-best alternative that could be pursued using the same resources. In other words, opportunity costs arise from the fact that resources are limited, and when one is used to producing a good or service, it cannot be used to produce another good or service.
Opportunity costs are not always explicit or monetary. For example, suppose you have two hours of free time. You could use that time to study for an upcoming exam or watch a movie. The opportunity cost of watching the movie is the time you could have spent studying. Even though no money was exchanged, the cost of watching the movie is still significant because you are giving up the potential benefits of studying.
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Calculate the fair present values of the following bonds, all of which pay interest semiannually, have a face value of $1,000, have 10 years remaining to maturity, and have a required rate of return of 12 percent. a. The bond has a 5.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g. 32.16)) b. The bond has a 7.8 percent coupon rate. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) C. The bond has a 12 percent coupon rate. (Do not round intermediate calculations.) a. Fair present value b. Fair present value c. Fair present value
Fair present value calculation with a 5.8% dividend rate.
Fair present value calculation with a 7.8% discount rate.
Fair present value calculation with a 12% discount rate.
How to calculate Fair present value?Fair present value [Coupon amount*(1-((1+r)^-n)/r] + Face value*(1/(1+r^n)
Fair present value calculation with a 5.8% dividend rate.
Semi annual coupon amount 29 1000*(5.8%/2)
Semi annual yield 6.00% 12%/2
No of payments 20 10*2
Fair present value [29*(1-((1.06)^-20)/0.06] + 1000*(1/(1.06^20)
Fair present value (29*11.46992)+(1000*0.311805)
Fair present value $644.43
Fair present value calculation with a 7.8% discount rate.
Semi annual coupon amount 39 1000*(7.8%/2)
Semi annual yield 6.00% 12%/2
No of payments 20 10*2
Fair present value [39*(1-((1.06)^-20)/0.06] + 1000*(1/(1.06^20)
Fair present value (39*11.46992)+(1000*0.311805)
Fair present value $759.13
Fair present value calculation with a 12% discount rate.
Semi annual coupon amount 60 1000*(12%/2)
Semi annual yield 6.00% 12%/2
No of payments 20 10*2
Fair present value [60*(1-((1.06)^-20)/0.06] + 1000*(1/(1.06^20)
Fair present value (60*11.46992)+(1000*0.311805)
Fair present value $1,000.00
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Read case Amazon goes global. Was there any overall pattern
adopted across the markets Amazon entered?
There was an overall pattern adopted by Amazon when entering new markets. This pattern included focusing on existing customer needs and demands trends, partnering with local suppliers, and using research and development.
In the year 2013, Amazon Inc., an American multinational technology company, was the world's largest online retailer. Despite its success in the US, it had a very limited international presence, with operations in only four other countries: the UK, Germany, France, and Japan.
In order to expand its business, Amazon started launching in new markets, one after another, around the world. They faced several challenges while expanding globally such as language and cultural barriers, pricing strategy, competition, logistics, and supply chain management.
Amazon entered the markets by focusing on the market demand and demand trends. They tried to understand the needs of the customers in different regions and provided them with a customized experience. They did so by translating their websites and making them region-specific. Additionally, Amazon relied on their current platform to gain a foothold in each new market, adapting and customizing the platform to fit the needs of each individual market.
Amazon also partnered with local sellers to provide them access to their large customer base, which helped them in gaining popularity among the local customers. Finally, Amazon invested heavily in research and development to ensure their products were always the most cutting-edge and competitive in the marketplace.
Amazon adopted an overall pattern across the markets they entered, which involved focusing on the needs of the customers in the different regions and providing them with a customized experience. They also partnered with local sellers to provide them access to their large customer base, which helped them in gaining popularity among the local customers.
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Which one of the following is not one of the three factors that Human Resource personnel need to make sure is in alignment with the company's training and development strategy?
The factor that human resource personnel do not need to ensure is in alignment with the company's training and development strategy is Personal values. Therefore, the correct option is D.
Personal values are not one of the factors human resource personnel need to make sure is in alignment with the company's training and development strategy. The three factors that must be in alignment with the company's training and development strategy are objectives, mission, and resources.
Objectives refer to the desired outcomes of the training and development program. The mission statement provides a vision for the program and outlines its purpose. Resources are the financial, material, and human resources available to achieve the objectives.
Hence, personal values are not a factor that must be aligned with company's training and development strategy. Hence, option D is correct.
Note: The question is incomplete. The complete question probably is: Which one of the following is not one of the factors that Human Resource personnel need to make sure is in alignment with the company's training and development strategy? A) Objectives B) Mission C) Resources D) Personal values.
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use the following partial list of accounts to determine the amount that should be reported as total current assets on the balance sheet. accounts receivable$15,000 allowance for doubtful accounts5,000 advance deposits from customers2,000 inventory11,000 investment in trading securities21,000
In the balance sheet, Total current assets will be $44,000.
Total current assets should be reported as $44,000 on the balance sheet. This can be calculated as follows: Accounts Receivable ($15,000) + Allowance for Doubtful Accounts ($5,000) + Advance Deposits from Customers ($2,000) + Inventory ($11,000) + Investment in Trading Securities ($21,000) = Total Current Assets ($44,000).
Current assets are important for businesses as they represent the liquid, or easily accessible, assets that can be converted into cash quickly. Accounts receivable represents the amount of money customers owe the business, which is why it is classified as a current asset.
The allowance for doubtful accounts is an estimation of bad debt that may not be collected and must be deducted from the accounts receivable. Advance deposits from customers refer to payments received before services are provided, while inventory represents the products that a business will sell and convert into cash.
Finally, investment in trading securities are investments that the business can quickly liquidate and convert into cash.
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suppose that the city of halifax decrees that all restaurants located within a 15 mile radius of the university of halifax must charge at least $10 a meal so that college students can become more refined in their dining. what is a likely result of this price floor?
The likely result of this price floor is that restaurants within the 15 mile radius of the University of Halifax will have to increase their prices.
This could lead to some restaurants having to raise their prices significantly, while others may choose to close their business entirely. This would leave fewer restaurants available in the area, resulting in a decrease in the overall competition in the market.
The increase in the cost of meals could lead to higher prices for college students, potentially reducing their ability to afford dining out. This could also reduce the number of students eating at restaurants within the 15 mile radius, as they may choose to dine out elsewhere.
Additionally, this price floor could drive away other potential customers who may find the prices too high. As a result, the overall demand for the restaurants in the area would decrease, leading to fewer customers and less profits for the businesses.
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given this information about a call option, if the price of the underlying stock increased by $2 in three days and implied volatility increased by 1%, the new premium would be $ .
The new premium would be: New premium = Original premium + $2 + (Original premium * 1%).
The new premium for the call option can be calculated by taking into account the increase in the price of the underlying stock and the increase in implied volatility.
First, let's repeat the question: Given this information about a call option if the price of the underlying stock increased by $2 in three days and implied volatility increased by 1%, the new premium would be $ .
Now, let's calculate the new premium:
1. Start with the original premium
2. Add the increase in the price of the underlying stock ($2)
3. Multiply the original premium by the increase in implied volatility (1%)
4. Add the result of step 3 to the result of step 2
So, the new premium would be:
New premium = Original premium + $2 + (Original premium * 1%)
Without the original premium value, we cannot calculate the exact new premium. However, this formula can be used to calculate the new premium once the original premium is known.
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kate is the head of the research department at a pharmaceutical company. her team is in the process of developing a drug that has the potential to reduce the spread of skin cancer. kate has set the deadline for the project and has provided her team members a set of guidelines that need to be followed. however, she has left it to them to decide how they will accomplish the goal. in this scenario, kate is a(n) .
In this scenario, Kate is an empowered leader. Empowerment is a term that refers to the process of enabling or authorizing an individual to think, take action, and make decisions to achieve their goals.
In this case, Kate, who is the head of the research department at a pharmaceutical company, has empowered her team by setting a deadline for the project and providing a set of guidelines that need to be followed.
But she has left it to them to decide how they will accomplish the goal. In conclusion, Kate is an empowered leader, who has empowered her team members to achieve the desired goal of developing a drug that has the potential to reduce the spread of skin cancer.
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Cost allocation is often the centerpiece of conflict that is resolved in court cases. The litigation usually involves the dispute over how costs are allocated to a product or product line that is of interest to the plaintiff. This is particularly an issue when a company produces some products or services for a price-competitive market while other products or services are produced for a governmental unit on a cost-plus or reimbursement basis Nursing Care Inc., or NCI, operates both a small nursing home and retirement home. There is a single kitchen used to provide meals to both the nursing home and retirement home, meaning labor costs and utilities costs of the kitchen are shared by the two homes. There is also a centralized cleaning department that provides the cleaning services for both homes as well as the kitchen. The nursing home serves only indigent patients who are on Medicaid. The state Department of Health and Family Services (DHFS) reimburses NCI at Medicaid-approved cost reimbursement rates. The Medicaid reimbursement rates are based on cost information supplied by NCI. The relevant cost and allocation data for the most recent year appear in the following table Cleaning department Central kitchen Annual Operating Cost $ 141,000 $ 196,500 Allocation Base Square feet of space Number of residents Kitcher 1,000 Nursing Home 2,000 Retirement Home 3,000 4 Required: 1. Management of NCI currently allocates the kitchen and cleaning department costs based on the number of residents in each home Determine the amount of service department costs assigned to each of the homes using this allocation base. (Round percentages to two decimal places in your calculations.) 2. DHFS auditors believe the step method of allocation should be used by first assigning cleaning costs based on squarefeet and then kitchen costs based on number of residents. Determine the amount of service department costs assigned to each of the homes using this allocation method. (Do not round percentage answers.) Retirement Nursing Home Total 1. Direct method 2. Step method
Using the direct method, the amount of service department costs assigned to the Retirement Home is 33.33% and the amount of service department costs assigned to the Nursing Home is 66.67%
Department costs refer to the expenses incurred by a specific department within an organization. These costs may include direct expenses, such as labor and materials used in production, as well as indirect expenses, such as overhead costs like rent, utilities, and administrative expenses.
In a manufacturing company, for example, department costs may include the cost of raw materials, the wages and salaries of production workers, the cost of equipment and machinery used in production, and the cost of rent and utilities for the production facility. Each department may have different costs depending on the nature of its operations.
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who are the creatives in advertising? the people (copywriter, ad director, and creative director) who work in the creative department. the stages in the integration of the visual and nonvisual elements of a creative product. the elements that are chosen in the final version of a creative product. the elements of the advertising mix that are used in developing a creative strategy. the group of copywriters working in the creative department.
The creatives in advertising refer to the people (copywriter, ad director, and creative director) who work in the creative department. Advertising refers to the promotion of goods, services, or ideas, and there are various ways to advertise.
Advertising entails using different media channels to deliver a message, and the main purpose of advertising is to persuade and influence customers. The different types of advertising include print ads, television commercials, radio spots, billboards, online ads, direct mail, and more. Creatives in advertising refer to the people who work in the creative department. This team is responsible for the design and execution of the ad. The creatives are responsible for the idea and content that go into the ad. The creatives include the copywriter, ad director, and creative director.
The elements of the advertising mix that are used in developing a creative strategy are product, price, promotion, and place. The elements that are chosen in the final version of a creative product include visuals, sounds, music, and graphics. The stages in the integration of the visual and nonvisual elements of a creative product include concept development, copywriting, storyboarding, art direction, and production. The group of copywriters working in the creative department will typically work on the text copy of the ad.
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A tech company sells a bundled product that includes the software (100,000$ stand-alone price), plus 5 years of maintenance services (25$,000 stand-alone prices) for a total price of 120,000$. At the time of the signature of the contract, the tech company should ___ ?
a. Reconize all the revenue at time 5 when the company would have fulfilled all it's obligations
b. Reconize $ 100,00 of the software as revenue at the time of the sale
c. Reconize everything as revenue at the time of the sale
d. Reconize $96.000 if the software as revenue at the time of the sale
At the time of signing the contract, the technology company must reconize $ 100,00 of the software as revenue at the time of the sale. Option b is correct.
What is the revenue recognition principle?It is an accounting principle that requires revenue to be recognized separately for each element of the aggregated product if the elements are priced individually.
Therefore, the technology company is selling a bundle of products that includes software and maintenance services priced individually, the technology company must then allocate the total revenue of $120,000 between software and maintenance services based on their prices relative individuals.
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the process of designing a training and development program should begin with: group of answer choices a needs analysis where hr managers determine the organization's true needs related to training. a preparatory session for hr instructors to ensure the success of the program. the decision of whether to conduct training in-house or through outsourcing. the selection of the specific training techniques that are to be used in the program.
The designing of training and development programs should begin with the needs analysis.
A needs analysis is an organized process for determining what improvements need to be made in a particular area of the business or workforce. When designing a training program, HR managers are tasked with analyzing and identifying the business needs for training and development.The analysis process includes identifying the needs, problems, or potential areas of improvement within an organization. These needs are usually based on the organization's strategic objectives and goals. Once identified, the HR manager creates a training program that helps the organization address the specific needs that were identified. The HR manager may consult with other managers or experts within the organization to get a more accurate picture of the problems or areas that need attention.
Training and development programs can be created to help employees develop new skills or to enhance the skills they already have. The objective of a training program is to increase the effectiveness of employees, so they become more productive, better skilled, and more valuable to the organization. Training and development programs can take many forms, including seminars, workshops, lectures, and online training sessions. It is also important to ensure that the training and development program meets the objectives of the organization.The designing of training and development programs is a vital process that should be given careful attention.
It should be focused on addressing the needs of the organization, developing a program that addresses these needs, and ensuring that the program meets the objectives of the organization. By doing so, the HR manager can help the organization achieve its goals and objectives.
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McCain Foods is a Canadian brand frozen food company that doesnt
operate in China. With your knowledge of global marketing advise
them whether they should expand to China? (300 words)
McCain Foods should expand to China because it has a large market potential, increased disposable income, increasing urbanization, and a growing e-commerce market. These factors make it a lucrative market to enter for the company.
The reasons why McCain Foods should enter the Chinese marketAs a global marketing expert, it is recommended that McCain Foods enter the Chinese market because of several factors. The following are some of the reasons:
1. Large market potential: With a population of over 1.4 billion people, China has a significant market potential. Chinese people are starting to adopt western habits and tastes, and frozen food is one of the areas in which Chinese consumers are showing increased interest.
2. Increased disposable income: Chinese citizens have seen an increase in disposable income, and this has contributed to a higher demand for high-quality foods. In recent years, consumers have become more health-conscious and are looking for healthier meal options, and frozen foods have become a popular choice due to their convenience.
3. Increasing urbanization: Urbanization is increasing in China, and this has resulted in a change in lifestyle habits. People who are living in urban areas are more likely to have hectic schedules and less time to prepare meals. This lifestyle trend has resulted in an increase in the demand for ready-to-eat meals such as frozen foods.
4. Growing e-commerce market: China has a growing e-commerce market, which makes it easier for McCain Foods to enter the market. The e-commerce market has experienced significant growth in recent years, with online sales accounting for more than 20% of total retail sales.
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one of your customers has just made a purchase in the amount of $12,000. you have agreed to payments of $290 per month and will charge a monthly interest rate of .84 percent. how many months will it take for the account to be paid off?
Amount of purchase = $12,000, Monthly payment = $290, Monthly interest rate = 0.84%. It will take 50 months to pay off the account.
Given information: Amount of purchase = $12,000Monthly payment = $290Monthly interest rate = 0.84%To find: The number of months it will take to pay off the account.Method of approach:Use the formula to find the number of months it will take to pay off the account.Formula: A = P(1 + r/n)nt + P A = Amount P = Principal (the amount of the loan) r = Annual interest rate (as a decimal) n = Number of times interest is compounded per year t = Number of years Let's apply the formula to the given values.
P = $12,000r = 0.0084n = 12 (since the monthly interest rate is given)A = $0 (since the account has to be paid off)We need to find the number of months t. $0 = $12,000(1 + 0.0084/12)^(12t) + $290(1 + 0.0084/12)^(12t-1)Let us rearrange the equation to get a linear equation of t:$0 - $290(1 + 0.0084/12)^(12t-1) = $12,000(1 + 0.0084/12)^(12t)$290(1 + 0.0084/12)^(12t-1) = $12,000(1 + 0.0084/12)^(12t)$290 = $12,000(1 + 0.0084/12)^(12t)/(1 + 0.0084/12)^(12t-1)Use a calculator to solve for t.The answer is t = 49.87 months (rounded to 50 months).
Therefore, it will take 50 months to pay off the account.
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if the price index has a value of 100 in year x, then year x must be the base year, true or false?
In the following question, among the given options, the statement is said to be false, If the price index has a value of 100 in year x, then year x must be the base year, false.
A price index is a statistical measure of the changes in prices of goods and services over time. To determine the relative prices of items in the current year as compared to the prices in the base year, a price index is used. The formula used to compute the price index is as follows:
Price index = (Price in the current year / Price in the base year) × 100 If the value of the price index in a particular year is 100, it indicates that the price of the goods and services in the current year is the same as the price of the goods and services in the base year (since the base year is used as a reference for comparison).
However, this does not imply that year x is the base year. The base year is the year for which the price index is calculated. It is also used as a reference point for comparison with subsequent years.
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This question is about Apple.IncQ1, Implementation of project plan• Formulate and implement a strategy e.g., data mining process, life cycle, cost–benefit analysis, impact analysis, alternatives for enterprise and technology architecture, alternative organizational approaches, analytics as business processes incorporated into the enterprise architecture, etc.• A plan should be developedQ2, Justification of proposed strategy • Consider the benefit and drawback of the proposed strategy in making your decision• Investigate the adaptability of the proposed analytics program in the company environmentQ3, Recommendations• Conclude all findings with proper recommendations including further action plan if any
Q1. Implementation of project plan for Apple Inc:
The implementation of the project plan for Apple Inc is based on data mining, life cycle, cost-benefit analysis, impact analysis, alternatives for enterprise and technology architecture, alternative organizational approaches, analytics as business processes incorporated into the enterprise architecture, etc. A plan is necessary to execute the project plan efficiently.
Q2. Justification of proposed strategy for Apple Inc:
The proposed strategy needs to have consideration for both its benefits and drawbacks when making decisions. The adaptability of the proposed analytics program in the company environment should also be investigated.
Q3. Recommendations for Apple Inc:
It is important to conclude all findings with appropriate recommendations, including any further action plans that may be required. Apple Inc should work on its internal environment, including technology architecture, and focus on developing new technology. It should also increase investments in the company's marketing department and advertising.
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A company has $350,000 after paying for all obligation and dividend to preferred shareholders. Calculate earning per share of the if firm has dividend payout ratio of 25% and has 180,000 common shares outstanding in the market.
First, we need to calculate the earnings available to common shareholders.
Earnings available to common shareholders = Net income - Preferred dividends
Since we are not given the net income or preferred dividends, we cannot directly calculate earnings available to common shareholders. However, we are given that the company has $350,000 after paying all obligations and dividends to preferred shareholders. This $350,000 represents earnings available to both preferred and common shareholders.
Next, we can calculate the portion of earnings that will be paid out as dividends to common shareholders, based on the dividend payout ratio of 25%:
Dividends to common shareholders = Earnings available to common shareholders x Dividend payout ratio
Dividends to common shareholders = ($350,000 - Preferred dividends) x 0.25
Finally, we can calculate the earnings per share for common shareholders:
Earnings per share = (Earnings available to common shareholders - Dividends to common shareholders) / Number of common shares outstanding
Earnings per share = [($350,000 - Preferred dividends) - ($350,000 - Preferred dividends) x 0.25] / 180,000
Simplifying, we get:
Earnings per share = ($350,000 - Preferred dividends) x 0.75 / 180,000
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suppose you win a raffle held at a minor league baseball game and are given the choice between two different ways to be paid. you can either accept the money in a lump sum immediately or in a series of payments over time. if you choose the lump sum payout, you receive $2,800 today. if you choose to collect payments over time, you receive three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. at an interest rate of 7% per year, the winner would be better off accepting the , since that choice has the greater present value. at an interest rate of 10% per year, the winner would be better off accepting , since it has the greater present value. a couple years after you win the raffle, you and your friend are back at the same event. this time, your friend gets lucky and wins the contest, and you both realize the payout schemes are the same as they were back when you won. they now face the decision between collecting their prize as a lump sum or as a series of payments over time. based on your experience, which piece of advice will be most helpful to your friend?
Based on your experience, the most helpful piece of advice for your friend would be to consider the interest rate when making their decision between the lump sum payout and the series of payments over time.
What is the implication of such consideration?If the interest rate is low, then the lump sum payout will have a greater present value than the series of payments over time, just as it was in your case. However, if the interest rate is high, then the series of payments over time may have a greater present value.
Your friend should calculate the present value of both options using the interest rate and make their decision based on which option has the higher present value.
They should also consider their personal financial situation and goals, as well as any potential risks associated with the series of payments over time (such as inflation or default risk).
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Skysong Inc. had beginning inventory of $36,000 at cost and $60,000 at retail. Net purchases were $360,000 at cost and $510,000 at retail. Net markups were $30,000, net markdowns were $21,000, and sales revenue was $441,000. Assume the price level increased from 100 at the beginning of the year to 115 at year-end.
Compute ending inventory at cost using the dollar-value LIFO retail method. (Round ratios for computational purposes to 1 decimal place.
e.g. 78.7% and final answer to O decimal places, e.g. 28,987.)
Ending inventory using the dollar-value LIFO retail method $__________
The ending inventory using the dollar-value LIFO retail method is $142,182.
How to calculate ending inventoryThe calculation of the ending inventory is determined by Dollar-value LIFO Retail Method. This method determines the specific price indexes for beginning inventory and current inventory.
Using the LIFO retail method, the beginning inventory for Skysong Inc. at cost is determined by multiplying the beginning inventory by the price index. The beginning inventory retail price is $60,000, and the beginning inventory cost is $36,000. The beginning inventory price index is calculated as:
100 + increase in price level (beginning to ending) = 100 + 15 = 115
beginning inventory price index = 115 ÷ 100 = 1.15
Beginning inventory at cost = Beginning inventory at retail × Beginning inventory price index= $60,000 × 1.15= $69,000
The next step is to calculate the cost-to-retail ratio at the end of the accounting period. Net purchases, net markups, and net markdowns, are combined to obtain the cost and retail amounts of goods available for sale at retail and cost prices..
The table below illustrates the calculations involved.
ITEM COST PRICE RETAIL PRICE
Total Beginning Inventory
$36,000 $60,000 $60,000
Net Purchases
$360,000 $510,000 $510,000
Net Markups
$30,000 $30,000 $60,000
Cost of Goods Available for Sale $426,000
Retail Value of Goods Available for Sale $630,000
The cost-to-retail percentage is determined by dividing the cost of goods available for sale by the retail value of goods available for sale.
Cost-to-Retail Ratio = Cost of goods available for sale ÷ Retail value of goods available for sale= $426,000 ÷ $630,000= 67.62%
To calculate ending inventory at cost, the retail value of ending inventory must be multiplied by the cost-to-retail ratio.
Ending Inventory at Retail = $210,000Ending Inventory at Cost = Ending Inventory at Retail × Cost-to-Retail Ratio= $210,000 × 67.62%= $142,182.
Therefore, the ending inventory using the dollar-value LIFO retail method is $142,182.
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Marcela works in the packaging department of a dye manufacturer. She’s writing a request asking her supervisor to provide department employees with face masks and aprons to protect them from exposure to chemicals.
What are the best ways in which Marcela can start and close her message?
Marcela can start her persuasive message with a hook such as,
A. Last week, one of our employees had chemicals splashed on his shirt.
B. Can you imagine how frequently we are exposed to harmful chemicals.
C. Face masks and aprons will help protect all our employees.
To close her message, she could use motivation by saying,
1. Luckily, the employee was not harmed by the chemicals.
2. We would all feel much safer if the masks are provided immediately.
3. I have found a vendor who can supply the face masks
Based on the situation, the best ways in which Marcela can start and close her message are:
Start:
C. Face masks and aprons will help protect all our employees.
This is the best way to start the message because it directly states the request and emphasizes the importance of the safety equipment.
What happens after being exposed to hazardous chemicals?Shashikant Kumar
What happens after being exposed to hazardous chemicals?
Being exposed to hazardous chemicals can have a range of effects on a person's health, depending on the type and level of exposure. The effects can be acute (immediate) or chronic (long-term).
Acute effects of exposure to hazardous chemicals can include:
Skin irritation, burns, or rashesEye irritation, burns, or blindnessRespiratory problems, such as coughing, wheezing, and shortness of breathHeadaches, dizziness, and nauseaChemical burns or damage to internal organsChronic effects of exposure to hazardous chemicals can include:
CancerReproductive problemsBirth defectsOrgan damageChronic respiratory problemsIt is important to take safety precautions and use appropriate personal protective equipment (PPE) when working with hazardous chemicals to minimize the risk of exposure and prevent health effects.
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what is the npv of a 6-year project that costs $100,000, has annual revenues of $50,000, and annual costs of $15,000? assume the investment is an asset that will be depreciated straight-line over 6 years to a salvage value of $0, the corporate tax rate is 21% and the discount rate is 14%. round you answer to the nearest whole dollar amount (zero decimal places).
The net present value of the project based on the information is $41,634.91.
How to calculate the NPVFirst, let's calculate the annual cash flows for the project:
Annual revenues: $50,000
Annual costs: $15,000
Depreciation expense: $100,000 / 6 = $16,666.67
Taxable income: $50,000 - $15,000 - $16,666.67 = $18,333.33
Tax savings: $16,666.67 x 21% = $3,500
Annual cash flow: $50,000 - $15,000 - $3,500 = $31,500
Next, let's calculate the salvage value of the project at the end of the 6 years:
Salvage value: $0
Now, we can calculate the present value of the cash flows using the discount rate of 14% and the following formula:
PV = CF / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of years.
Initial investment: -$100,000
Annual cash flows for 6 years: $31,500
Salvage value: $0
PV of initial investment: -$100,000
PV of annual cash flows: $31,500 x [(1 - (1 / (1 + 0.14)^6)) / 0.14] = $141,634.91
PV of salvage value: $0
Now, we can calculate the NPV by adding up the present values of all the cash flows:
NPV = PV of initial investment + PV of annual cash flows + PV of salvage value
NPV = -$100,000 + $141,634.91 + $0
NPV = $41,634.91
Therefore, the net present value of the project is $41,634.91. This suggests that the project is a good investment as its NPV is positive.
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An office building construction project calls for a fountain to
be constructed in the office lobby, however, the materials for the
founta in would not fit through the door once the lobby is
completed. Thus, the builder must begin installing the large fountain components before the lobby itself is completed. The relationship between these activities (constructing the fountain and building the lobby) is best described how?
A. A start to finish
B. A start to start relationship
C. A finish to start relationship
D. A finish to finish relationship
The relationship between the activities of constructing a fountain and building the lobby of an office building is best described by a Finish-to-Start relationship.
What is a Finish-to-Start (FS) relationship?A Finish-to-Start (FS) connection refers to a connection where a predecessor activity must be completed before the next activity can begin. In other words, the activity following the predecessor task must not begin until the previous activity is completed.
What is a Start-to-Start (SS) relationship?A Start-to-Start (SS) relationship is one where the commencement of the successor activity is linked to the start of the predecessor activity. In other words, the successor activity must begin while the predecessor activity is ongoing.
What is a Start-to-Finish (SF) relationship?A Start-to-Finish (SF) relationship is a connection in which the successor activity cannot be finished until the predecessor activity begins. In other words, the successor activity cannot be completed until the predecessor activity has started.
What is a Finish-to-Finish (FF) relationship?A Finish-to-Finish (FF) relationship is a connection in which the finish of one activity is linked to the finish of another activity. The predecessor activity's completion is essential for the successor activity's completion because the finish of one activity determines the start of the next activity.
Therefore, since the construction of the fountain must start before the lobby is finished, the activities of constructing the fountain and building the lobby have a Finish-to-Start relationship.
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i X Х Requirements 1. Journalize any required entries. 2. At what amount should the company report merchandise inventory on the balance sheet? 3. At what amount should the company report cost of goods sold on the income statement? 4. Which accounting principle or concept is most relevant to this situation? Print Done Some of K and B Electronics's merchandise is gathering dust. It is now December 31, 2018, and the current replacement cost of the ending merchandise inventory is $22,000 below the business's cost of the goods, which was 595,000. Before any adjustments at the end of the period, the company's Cost of Goods Sold account has a balance $390,000 Read the requirements, Requirement 1. Journalize any required entries. (Record debita first, then credits. Select the explanation on the last line of the journal entry table. For situations that do not require an entry, make sure to select "No Entry Required in the first cell in the "Accounts" column and leave all other cells blank.) The required journal entry would be: Date Accounts and Explanation Debit Credit Dec. 31 Requirement 2. At what amount should the company report merchandise inventory on the balance sheet? K and B should report merchandise inventory on the balance sheet at Requirement 3. At what amount should the company report cost of goods sold on the income statement? K and B should report cost of goods sold on the income statement at Requirement 4. Which accounting principle or concept is most relevant to this situation? is the reason to account for merchandise inventory at V directs accountants to decrease the accounting value of an asset if it appears unrealistically high.
K and B has to report the inventory at the lower replacement cost of $595,000, instead of the higher cost of $617,000.
Replacement cost is the cost of replacing an asset at its current market value. It is often used in accounting and finance to determine the value of an asset and to calculate the cost of replacing it if it is lost or damaged.
Replacement cost is also used to determine the value of assets on a company's balance sheet. The value of an asset may be recorded on the balance sheet at its historical cost or its replacement cost, depending on the accounting method used by the company. In some cases, assets may be written down to their replacement cost if their market value has decreased significantly.
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I am going to "give you" $300,000 to invest, with the objective of growing it to $500,000 in 5 years so that you can take your $200,000 gain and use it as a downpayment towards buying a house. However, the $300,000 is not "free" – you must pay me a fee, which I normally set equal to the yield-to-maturity on the 5-year Treasury scheduled to mature in 2028. That yield is now around 4.18% (about the same as Fall 2022 -- 4.21%, up from 1.64% in Spring 2022, up from 1.06% in Fall 2021, up from 0.83% in Spring 2021).
➔ Remember that the ytm on a bond is the average annual rate of return you can expect to earn over the life of the bond, if you hold it to maturity (and coupon reinvesting is done properly).
Round all %’s to xx.yyy% or .xxyyy (i.e., 3 decimals)
a) Ignoring the fee for the moment, what is the monthly rate of return (compounded) that you must earn to achieve the portfolio objective if you contribute no additional money to the portfolio over the next 5 years?
b) Again ignoring the fee for the moment, what monthly rate of return must you earn on the portfolio if you can also save $325 per month towards the $500,000 objective?
c)How much $$$ is my fee, if the rate is applied (according to the definition of the ytm) to the initial $300,000 I "give" to you?
d) Now, including the amount of the fee that you will pay me from the portfolio’s "liquidation proceeds" at the end of the 5th year (so that you pay me and still have $500,000 left over), what monthly rate of return must you earn on the portfolio if you can save $325 per month towards your new (revised with
fee) objective? Round to xx.yyy% or .xxyyy
e) Annualize the rate in (d) under both assumptions we learned in the very beginning of the course.
To achieve the portfolio's goal, the monthly rate of return must be 0.8217%/12, or 0.000685.
What does it mean to say "rate of return"?A financial metric that measures an investment's gain or loss in relation to the amount of money invested is the rate of return. It is expressed as a percentage and shows how much money an investor has made or lost on an investment over a certain amount of time. Either for a single investment or for an entire portfolio of investments, the rate of return can be determined. An investment with a higher rate of return is more profitable, whereas an investment with a lower rate of return is less profitable or even negative.
a) The following formula can be used to determine the required compounded monthly rate of return to achieve a portfolio objective of growing from $300,000 to $500,000 in five years:
FV = PV × (1+r)ⁿ, where FV is the investment's future value, PV is its present value, r is the monthly rate of return, and n is the number of months.
FV is $500,000, PV is $300,000, and n is 5 years x 12 months/year, which equals 60 months.
Using r to solve:
$500,000 = $300,000 × (1+r)⁶⁰
(1+r)⁶⁰ = $500,000/$300,000
1+r = (500,000/300,000)¹/⁶⁰
r = (1.6667)¹/⁶⁰ - 1
r = 0.008217 or 0.8217%
Subsequently, the month to month pace of return expected to accomplish the portfolio objective is 0.8217%/12 = 0.0685% or 0.000685 (adjusted to 3 decimals).
b) The required monthly rate of return can be calculated using the formula for the future value of an annuity if you are able to save $325 per month toward the $500,000 goal:
FV is equal to PMT x ((1+r)n - 1)/r + PV x (1+r)ⁿ, where n is the number of months, r is the monthly rate of return, and PMT is the monthly payment.
PMT is $325, FV is $500,000, PV is $300,000, and n is 5 years x 12 months/year = 60 months in this scenario.
Using r to solve:
$500,000 = $325 x ((1+r)60 - 1)/r + $300,000 x (1+r)60).
Using a financial calculator or trial and error, the required monthly rate of return is approximately 0.8042 percent, or 0.008042, rounded to the nearest three decimal places.
c) The fee is equal to the current yield-to-maturity of 4.18 percent on the 5-year Treasury bond, which will mature in 2028. Consequently, the expense on the underlying $300,000 speculation is $300,000 × 4.18% = $12,540.
d) The same formula as in (b) can be used to determine the required monthly rate of return with the fee included, but the fee must be subtracted from the future value:
FV is equal to PMT × ((1+r)n - 1)/r + PV × (1+r)ⁿ, where fee equals $12,540.
PMT equals $325, FV equals $500,000 minus fee equals $487,460, PV equals $300,000, and n equals 5 years x 12 months/year equals 60 months.
Using r to solve:
$487,460 = $325 × ((1+r)60 - 1)/r + $300,000 × (1+r)⁶⁰ - $12,540.
Using a financial calculator or trial and error, the required monthly rate of return is about 0.7801%, or 0.007801 (rounded to the nearest three decimal places).
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Healthy Food is a restaurant that is located in the center of Hana Town. It provides a variety of delicious food that customers can choose from. Competition is very intense in this area of town so, Healthy Foods has to ensure that its customers are provided with excellent products that are superior to those of competitors. The production, marketing, finance, and human resource departments work together to achieve this objective. The operations manager is aware of the level of competition and knows that he has to make sound decisions to ensure that customers are satisfied with the final output. These decisions include- 1. Design of goods and services 2. Managing quality 3. Process and capacity strategy: 4. Location strategy 5. Layout strategy 6. Human resources and job design 7. Supply chain management 8. Inventory management 9. Scheduling 10. MaintenanceAlthough the restaurant does not have a written mission statement, its main aim is to provide a healthy alternative for its customers. The OM manager has to ensure that effective strategies are put in place to achieve the mission. In order to ensure that the correct strategies are put in place, he must ensure that the proper process is followed. Although competition is intense in the town area, healthy foods are doing well. When the market saturates, management would have to expand its operation overseas. Sales for the last 12 months can be seen in the table below.1. Using a three-month moving average, forecast sales for next January (month 13).
2. If forecast for January (month 1) is 320 lunches, with an alpha of 0.4, use exponential smoothing to forecast sales for January (month 13).
In order to answer the question, we must first define the terms 'three-month moving average' and 'exponential smoothing.'
A three-month moving average is a forecasting technique that takes the average of the last three months to predict future outcomes.
Exponential smoothing is a method of smoothing a time-series data set, where the more recent data points are given higher weighting than the more distant data points.
1. Using a three-month moving average, forecast sales for next January (month 13):
To calculate the forecast for January (month 13), the average of the last three months of sales must be taken. This would include the sales figures from October (month 10), November (month 11) and December (month 12).
The total sales for these months are (290+310+330) = 930. Therefore, the forecasted sales for January (month 13) using the three-month moving average is 930/3 = 310 lunches.
2. If forecast for January (month 1) is 320 lunches, with an alpha of 0.4, use exponential smoothing to forecast sales for January (month 13):
To calculate the forecast for January (month 13) using exponential smoothing, the alpha value must first be multiplied by the actual sales figures for the previous months.
This is then added to the (1-alpha) multiplied by the initial forecast. Therefore, the forecast for January (month 13) can be calculated as follows: 0.4 x 310 (actual sales for December (month 12)) + 0.6 x 320 (forecast for January (month 1)) = 308 lunches.
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Case Problem 2 Data File needed for this Case Problem: NP_EX_8-4.xlsx Hardin Medical Clinic Catherine Smythe is a personal manager for Hardin Medical Clinic in Toledo, Ohio. Part of Catherines job is to manage the weekly nursing schedule. The clinic employs 20 nurses16 full-time and 4 part-time. The clinic needs 12 nurses on weekdays and 10 on week-ends. Catherine is working on the schedule for an upcoming week and is trying to accommodate all the vacation and sick-leave requests, while maintaining the required level of on-duty nurses. Catherine asks you to develop a schedule that meets the needs of the clinic and the requests of the nurses. Complete the following: 1. Open the NP_EX_8-4.xlsx workbook located in the Excel8 > Case2 folder included with your Data Files. Save the workbook as NP_EX_8_Clinic in the location specified by your instructor. 2. In the Documentation sheet, enter your name and the date. 3. In the Schedule worksheet, in the range D5:J24, enter 0 in all the cells. In this sheet, 0s and 1s indicate whether an employee is schedule for a shift that day (0 indicates an employee is not scheduled and 1 indicates an employee is scheduled). Copyright 2020 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it EX 862 Excel | Module 8 Performing What-If Analyses 4. In the range K5:K24, enter formulas to sum the total number of shifts worked by each employee from Monday through Sunday. 5. In the range L5:L24, calculate the total number of hours worked by each employee during the week by multiplying the number of shifts worked by 8 (each shift is eight hours long). 6. In the range D26:J26, enter the required shifts per day. The clinic requires 12 nurses on the weekdays, and 10 nurses on Saturday and Sunday. 7. In the range D27:J27, enter formulas to sum the total number of shifts scheduled for nurses on each day. 8. In the range D28:J28, enter formulas to calculate the difference between the number of nurses scheduled and the number of nurses required. A negative value indicates that not enough nurses are scheduled to cover that days shifts. 9. In cell D30, calculate the total shortfall for the week by summing the daily shortfall values in the range D28:J28. 10. Create a Solver model that sets the value of cell D30 to 0 (indicating that all shifts are covered for every day of the week) by changing the values in the range D5:J24 under the following constraints: a. Add a binary constraint to force every value in the range D5:J24 to be either a 0 or a 1. b. Add a constraint to limit the total hours worked by each full-time employee to less than or equal to 40. c. Add a constraint to limit the total hours worked by each part-time employee to less than or equal to 24. d. Add a constraint to require that the difference values in the range D28:J28 all equal 0. e. Add more constraints based on the schedule requests in the range C5:C24 so that nurses are not scheduled to work shifts on days they have requested off. If a nurse has requested a day off, the cell corresponding to that day for that nurse must equal 0. 11. Run the Solver model using the Evolutionary method. (Solver might take a minute to arrive at a solution.) Confirm that the schedule generated by Solver fulfills all the requirementsall shifts are covered each day, no full-time nurse works more than 40 hours, no part-time nurse works more than 24 hours, and no nurse works on a requested day off. 12. Save the workbook, and then close it.
To complete this case problem, open the NP_EX_8-4.xlsx workbook and save it as NP_EX_8_Clinic in the location specified by your instructor. In the Documentation sheet, enter your name and the date.
What is Documentation sheet?A documentation sheet is a document that provides detailed information about a product or service. It is typically used by companies to record information about a product or service to assist in the sales process.
In the Schedule worksheet, enter 0 in all the cells in the range D5:J24. This indicates whether an employee is schedule for a shift that day (0 indicates an employee is not scheduled and 1 indicates an employee is scheduled). In the range K5:K24, enter formulas to sum the total number of shifts worked by each employee from Monday through Sunday. Then, in the range L5:L24, calculate the total number of hours worked by each employee during the week by multiplying the number of shifts worked by 8 (each shift is eight hours long).
In the range D26:J26, enter the required shifts per day. The clinic requires 12 nurses on the weekdays, and 10 nurses on Saturday and Sunday. In the range D27:J27, enter formulas to sum the total number of shifts scheduled for nurses on each day.
Run the Solver model using the Evolutionary method. (Solver might take a minute to arrive at a solution.) Then, confirm that the schedule generated by Solver fulfills all the requirements - all shifts are covered each day, no full-time nurse works more than 40 hours, no part-time nurse works more than 24 hours, and no nurse works on a requested day off. When finished, save the workbook and then close it.
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A company purchased $11,000 of merchandise on January 5 with terms 3/10, n/30. On January 7, it returned $700 worth of merchandise. On January 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on January 12 is:
Debit Accounts Payable is $10,300
Credit Merchandise Inventory is $309
Credit Cash is $2,182.50
What is perpetual inventory system?
A perpetual inventory system, as opposed to a physical inventory, is a program that continuously estimates your inventory based on your electronic records. This system starts with a physical count as a baseline and updates based on receipt of purchases and shipment of goods.
Based on the information given Assuming the company uses a perpetual inventory system to record the purchases using the gross method, the correct journal entry to record the payment on January 12 will be :
Debit Accounts Payable $10,300
($10,300-$700)
Credit Merchandise Inventory $309
[(3%*11,000)-(3%*700)]
Credit Cash $9,991
($10,300-$309)
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each of the following is an economic benefit of standards except: a standards reduce confusion, about the product, in the minds of the products consumers. b standards discourage compatibility between a product and its complements c standards reduce industry production costs as the result of scale economies and learning curve effects. d standards reduce the risks associated with supplying complements.
A) Standards reduce confusion about the product in the minds of the products consumers.
This answer does not represent an economic benefit of standards. Standards are typically adopted to achieve economic benefits such as reducing production costs, encouraging compatibility between a product and its complements, and reducing the risks associated with supplying complements.
By setting standards, companies and industries can increase efficiency and reduce costs due to economies of scale, learning curves, and compatibility. Additionally, standards reduce the risks associated with supplying complements and make it easier for companies to enter markets with existing standards. Ultimately, standards provide economic benefits that support competition and innovation in a market.
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A contract requires lease payments of $800 at the beginning of every month for 4 years.
a. What is the present value of the contract if the lease rate is 4.50% compounded annually?
b. What is the present value of the contract if the lease rate is 4.50% compounded monthly?
If the lease rate is 4.50% compounded annually, the contract's present value equals $30,461.54; if it is compounded monthly, it equals $30,834.83.
The present value of lease payments: how can I figure it out?In summary, the present value of the minimum lease payment is simply the total of all lease payments that will be made in the future, expressed in today's dollars, multiplied by the expected value of the leased asset at the end of the lease.
a. If the lease rate is 4.50% compounded annually, we can apply the following calculation to get the present value of the contract:
PV = PMT x (1 - (1 + r/n)^(-n*t)) / (r/n)
Where:
PMT = lease payment per period = $800
r = annual interest rate = 4.50%
t = total number of periods = 4 years x 12 months/year = 48 months
Plugging in the values, we get:
PV = $800 x (1 - (1 + 0.045/1)^(-1*48)) / (0.045/1)
PV = $30,461.54
b. To calculate the present value of the contract if the lease rate is 4.50% compounded monthly, we can use the same formula, but with different values for n and r:
PV = PMT x (1 - (1 + r/n)^(-n*t)) / (r/n)
Where:
PMT = lease payment per period = $800
r = annual interest rate = 4.50%
n = 12 for the number of compounding cycles per year.
t = total number of periods = 4 years x 12 months/year = 48 months
Plugging in the values, we get:
PV = $800 x (1 - (1 + 0.045/12)^(-12*48)) / (0.045/12)
PV = $30,834.83
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Jesus saves stock records show the following transactions for a specific item during last month: The organization made issues of inventory on 5th, 19th and 27th of 100 units, 190 units and 170 units respectively whiles it received 400 units on 7th at the price of GHC17.5 per unit. The opening inventory was 200 units valued at GHC2900. It is known that one of the items is damaged and will need a repair of GHC5 before it is sold for GHC25. Using the weighted average method, the total value of closing inventory for last month is? A. 3266 units B. 2963 units C. 2366 units D. 2369 units
Using the weighted average method, the total value of closing inventory for last month is GHC2369.
To solve this problem, we need to calculate the value of the opening inventory, the value of the inventory issued during the month, the value of the inventory received during the month, and the value of the closing inventory. Then, we need to use the weighted average method to calculate the total value of the closing inventory.
Opening inventory:
Number of units: 200
Price per unit: GHC2900
Value of opening inventory: 200 x GHC2900 = GHC58,000
Inventory issued during the month:
Issued on 5th: 100 units x GHC17.5 = GHC1750
Issued on 19th: 190 units x GHC17.5 = GHC3315
Issued on 27th: 170 units x GHC17.5 = GHC2975
Total value of inventory issued during the month = GHC1750 + GHC3315 + GHC2975 = GHC8040
Inventory received during the month:
Received on 7th: 400 units x GHC17.5 = GHC7000
Closing inventory:
Number of units: (200 + 400 - 100 - 190 - 170) = 240
Total value of closing inventory = (GHC58,000 + GHC7000 - GHC8040) - (5 x GHC5) = GHC2369
Therefore, the total value of closing inventory for last month is GHC2369.
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What is the goal of a succession management program?
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
to mitigate three types of risk
b
to collaborate between HR and operations departments
c
to mitigate HR transactions
d
to develop employee branding
Identifying critical positions and highlighting potential vacancies; Choosing key competencies and skills required for business continuity; and focusing individual development to meet future business needs. A succession management program's goal is to mitigate three types of risk.
What is another way to say critical?
Captious, carping, censorious, faultfinding, and hypercritical are some synonyms for critical. While all of these words mean "disposed to seek out and point out flaws and defects," critical can also refer to an effort to see something clearly and honestly in order to judge it fairly. a critical essay. Making good use of your time. Another example of critical thinking is deciding how to spend your time. Continuously assessing how you spend your time can assist you in identifying tasks and activities that may change how you prioritize your responsibilities.
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