a company has sales of $121,000; cost of goods sold of $75,870; and total direct expenses of $8,820. the department’ contribution to overhead is:
Answers
The department's contribution to overhead is $36,310. The correct option is $36310.
To find the department's contribution to overhead, we need to first calculate the gross profit and then subtract the total direct expenses. Here's the step-by-step explanation:
1. Calculate Gross Profit:
Gross Profit = Sales - Cost of Goods Sold
Gross Profit = $121,000 - $75,870
Gross Profit = $45,130
2. Calculate Department's Contribution to Overhead:
Contribution to Overhead = Gross Profit - Total Direct Expenses
Contribution to Overhead = $45,130 - $8,820
Contribution to Overhead = $36,310
So, the department's contribution to overhead is $36,310. In this scenario, the company has a gross profit of $45,130, which is the result of subtracting the cost of goods sold ($75,870) from the total sales ($121,000). From this gross profit, the company needs to cover its total direct expenses ($8,820). After covering these expenses, the remaining amount, which is the department's contribution to overhead, can be used to cover indirect expenses and other costs. The correct answer is $36,310, which will help the company in managing its overhead costs effectively.
The complete question is:
A company has sales of $121,000; cost of goods sold of $75,870; and total direct expenses of $8,820. the department’ contribution to overhead is:
$98680
$ 75690
$61050
$ 36310
$37630
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Related Questions
You are employing a multi-factor model to predict security returns. Your model, of course, uses sensitivity to the Market; you have also included sensitivity to market interest rates and sensitivity to inflation. You are analyzing Alpac Corporation, a company that just paid a dividend of $1.50 per share. Your analysis indicates that Alpac's Beta for the Market sensitivity is 1.20, its Beta for unexpected market interest rate changes is .90 and its Beta for inflation is 1.33. Premiums for the Market, interest rates and inflation are 5.50%, 3.20%, and 2.10%, respectively. The risk-free rate is currently 2.25%. Alpac's dividends are expected to grow at an annual rate of 4% indefinitely.
Your boss agrees with all of your analysis EXCEPT for your estimate of sensitivity to market interest rates; she feels the Beta should be 50% higher than your estimate. What is the difference between your stock price estimate for Alpac Corporation and that of your boss?
$1.72
$1.78
$1.74
$1.82
None of the above
Answers
The difference between your stock price estimate for Alpac Corporation and that of your boss is $1.74.
To estimate the stock price, we use the dividend discount model (DDM) with the multi-factor model inputs. First, we calculate the required return using the risk-free rate and the market premium. Then, we calculate the present value of future dividends, considering the growth rate. Using the given betas and betas adjusted by the boss, we calculate the required return for interest rate sensitivity. Finally, we subtract the present value of dividends from the terminal value to get the stock price estimate.
In this case, your estimate for the stock price is based on the given betas, resulting in a certain value. However, your boss suggests a 50% higher beta for interest rate sensitivity, which increases the required return and decreases the stock price estimate. The difference between the two estimates is $1.74.
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Why are companies required to perform payroll withholding?
A. To make sure employees are being paid fairly
B. To make sure employees can pay their taxes
C. To help employees save for retirement
D. To help the company pay its share of taxes
Answers
Answer:
its B
Explanation:
TRUST
What best describes the cost(s) Whole Foods likely hoped to reduce by removing some of the authority of local managers to source food and make operational decisions
Answers
By removing some of the authority of local managers to source food and make operational decisions, Whole Foods likely aimed to reduce the **costs** associated with **inefficiencies** and **inconsistencies** in sourcing and operations.
Local managers having the autonomy to make independent decisions on sourcing food and operations can lead to variations in product selection, pricing, and inventory management across different stores. This decentralized approach may result in higher costs due to inefficiencies in procurement, logistics, and supply chain management. By centralizing some of these decisions, Whole Foods can achieve greater economies of scale, streamline processes, and reduce costs associated with duplication and inconsistencies.
Additionally, centralizing decision-making can enable the company to negotiate better deals with suppliers and optimize purchasing decisions based on a more comprehensive view of the organization's needs. This consolidation of authority may lead to improved cost control and increased operational efficiency, ultimately benefiting the company's bottom line.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
Answers
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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A customer holds 1,000 shares of ABC stock valued at 80 in a margin account. The debit balance in the account is $35,000. ABC declares and pays a 20% stock dividend. The tax consequence of the distribution to the investor will be: A portfolio income when received B capital gain when received C reduction of cost basis per share D passive income at time received
Answers
Answer:
C
Explanation:
Reduction of cost basis per share.
When you take a look at some of the rules that IRS has, you see that stock dividends do not get taxsd at the time of receipt. They don't get taxed because, the shareholder does not receive anything from the company, only but a hope on any increased future share price increment or appreciation.
if a monopolist is able to perfectly price discriminate, a. consumer surplus and deadweight losses are transformed into monopoly profits. b. total surplus is always decreased. c. the price effect dominates the output effect on monopoly revenue. d. consumer surplus is always increased.
Answers
When a monopolist is able to perfectly price discriminate, then a. consumer surplus and deadweight losses are transformed into monopoly profits.
What is price discrimination ?A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more common forms of price discrimination, the seller places customers in groups based on certain attributes and charges each group a different price.
When a monopolist is able to perfectly price discriminate, then consumer surplus and deadweight losses are transformed into monopoly profits.
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introduce national employment with its importance and examples
Answers
Answer:
national employment. Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
Explanation:
Employment created and provided by a national employer, business, company, enterprise, organization or national unity government in various areas of a country. National employment is a vital part of an economic system.
if you are charged with selling/providing/delivering alcohol
Answers
If a person is criminally negligent and offers alcohol to a habitual drinker or an intoxicated or insane person, they will be breaking the law.
(a) It is illegal to knowingly and willfully sell or provide alcohol to an obviously intoxicated person.
(b) Except as provided in subsection (c) of this section, any person who violates the provisions of this section shall be guilty of a misdemeanor punishable by a fine of not less than $100 nor more than $500, by imprisonment for not more than one year, or by both.
(c) A violation of this section or Section 106.03 of this code is a misdemeanor punishable by a fine of not less than $500 nor more than $1,000, by confinement in jail for not more than one year, or by both, if the offender has a prior conviction for a violation of this section or Section 106.03 of this code.
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Having just one error on a cover letter may Eliminate an application from being considered for employment true or false
Answers
Answer:
True
Explanation:
Cover letter need to be drafted very carefully. A good cover letter comprises of no typos error or mistakes such as incorrectly spelled name of the company, incorrectly mentioned dates, etc.
In case of any such errors, chances of rejection are high at the initial stage only.
Hence, it can be said that even a single error in the cover letter can Eliminate an application from being considered for employment
Thus, the given statement is true
Use the following information to answer the question. There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from Y, and $300 worth of goods from firm Z, and produces 250 units of output at $4 per unit. Firm Y buys $150 worth of goods from firm X, and $250 worth of goods from firm Z, and produces 300 units of output at $6 per unit. Firm Z buys $75 worth of goods from firm X, and $50 worth of goods from firm Y, and produces 500 units at $2 per unit. Given this information, what is the economy’s GDP?
Answers
Answer:
$2,775
Explanation:
The computation of the GDP of the economy is given below:
But before that the total value sold by three firms would be determined
Total amount of goods sold by X:
= X sells to Y + X sells to Z
= $150 + $75
= $225
Total amount of goods sold by Y:
= Y sells to X + Y sells to Z
= $200 + $50
= $250
Total amount of goods sold by Z:
= Z sells to X + Z sells to Y
= $300 + $250
= $550
Now
Amount of goods generated by X
= units of output × cost per unit
= 250 units × $4
= $1,000
Value of goods generated by Y
= units of output × cost per unit
= 300 units × $6
= $1,800
Value of goods generated by Z
= units of output × cost per unit
= 500 units × $2
= $1,000
Now GDP is
= [Goods generated by X - Valued added by X] + [Goods generated by Y - Value added by Y] + [Goods generated by Z - Value added by Z]
= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]
= $775 + $1,550 + $450
= $2,775
Can we forgive and forget? Choose one of the following brands and describe the problem that was connected with the company, how did the problem play out and how did the company attempt to solve the issue. Tylenol (1982), Ford Pinto (1978), Vioxx (2004, Mattel (2007) Firestone (2000
Answers
Tylenol's response to the tampering incident in 1982 was commendable. They prioritized consumer safety, acted transparently, and implemented measures to prevent future incidents.
Can we forgive and forget? In the context of the brands mentioned, let's take a look at one example: Tylenol (1982).
Problem: In 1982, Tylenol faced a crisis when several bottles of their products were tampered with, resulting in seven deaths due to cyanide poisoning. This incident shook consumer trust in the brand and raised concerns about product safety.
How the problem played out: The tampering incident received significant media attention and led to widespread fear and panic among consumers. Tylenol immediately issued a nationwide recall of their products and collaborated with law enforcement to investigate the crime.
How the company attempted to solve the issue: Tylenol took swift and decisive action to address the crisis. They introduced tamper-evident packaging to ensure the safety of their products and rebuild consumer trust. Additionally, the company worked closely with government agencies to establish stricter regulations for over-the-counter medications.
Tylenol's response to the tampering incident in 1982 was commendable. They prioritized consumer safety, acted transparently, and implemented measures to prevent future incidents. As a result, the brand eventually regained public trust and became a case study for crisis management.
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while rachel carson was writing silent spring, a picture of how ddt influences bird populations was emerging. scientists hypothesized that ddt was causing the observed decline in fish-eating bird populations. the assumptions and connections underlying this hypothesis were complex. in this activity, you will reconstruct those connections.
Answers
Rachel Carson's was known for her work on Silent Spring. The answers to the question are on the image. the first image shows the answers in the right order while the second image is about the questions before its arrangement.
The Silent Spring was known to be public awareness focused on nature as it was said to be vulnerable to human intervention.Carson in her work gave a radical proposal which state that technological progress is simply at odds or negative terms with natural processes and thus must be shortened.
Silent Spring was known to greatly opposition by chemical companies and this lead to reversal in national pesticide policy and also led to the ban on DDT for agricultural uses.
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True or false: Employees prefer to receive ISOs rather than NQOs because the entire difference between the sales price and the exercise on the subsequent sale of the stock may be taxed as a long-term capital gain if the required holding periods are met. True false question. True False
Answers
Answer:True
Explanation:
i will give 100 points please help
Answers
To what extent is primary product dependency the
most significant constraint on economic
development (25 marks)
Answers
Answer: Primary product dependency is a large constraint on economic growth and development within LEDCs due to the fact that commodities and their producers are highly susceptible to price fluctuations.
Explanation:
Primary product dependency discourages investment in other aspects of the economy. Concentrating on primary products does not always help the long-term development of an economy because it can contribute to a lack of investment in other aspects such as education and industrial production.
A home improvement store has an assembled kids playset on display. There
are no signs waming parents not to let their kids play on it. When a child
climbs on the playset, it collapses and the child breaks her wrist. The playset
was not assembled properly for use because it was only for display. Is the
home improvement store negligent?
A. Yes. The store has a duty of care to provide a safe environment
and not assembling the playset correctly or putting up warning
signs is a breach of duty. The breach caused the playset to
collapse and resulted in harm to the child.
O B. Yes. Home improvement stores are held to a higher standard of
care than other stores because they sell some dangerous items.
Even though a reasonable person wouldn't climb the playset, the
store is still negligent.
O C. No. Home improvement stores do not have a duty to ensure the
safety of their customers because they sell some dangerous
items. Without duty to the customer, the store cannot be negligent.
OD. No. The store is not in violation of a breach of duty because
customers should know never to climb on or use anything on
display in a store. Without breach of duty, the store is not
negligent
Answers
Answer:
a. yes. the store has a duty of care to provide a safe environment and not assembling the playset correctly or putting up a sign is a breach of duty. and it resulted in harm.
Explanation:
a p e x
If a company exchanges an asset with a book value of $260,000, an original cost of $500,000, and a fair value of $300,000 plus cash of $100,000 for a new asset, what is the gain or loss recognized on the transaction?.
Answers
The gain that would be recognised on the exchange of the asset by the company is $140,000.
What is the gain on the asset?
The gain on the exchange of an asset is recorded when the fair value is greater than the book value of the asset. The gain on the exchange is sum of the difference between the fair value and the book value and the cash.
Gain = (fair value - book value) + cash
($300,000 - $260,000) + 100,000 = $40,000
Your supervisor asks you to write a short summary of the benefits of using r for the project. which of the following benefits would you include in your summary? select all that apply. 1 point create high-quality data visualizations easily reproduce and share the analysis quickly process lots of data define a problem and ask the right questions
Answers
Using R for your project can result in higher-quality visualizations, increased reproducibility and collaboration, efficient data processing, and a more focused approach to problem-solving.
Here's a concise summary of the benefits of using R for your project, focusing on the relevant points you provided:
R is a powerful tool for data analysis, offering several advantages that can improve the efficiency and effectiveness of your project. One major benefit is R's ability to create high-quality data visualizations, allowing you to effectively communicate complex information and patterns to your team and stakeholders.
Another advantage of using R is its emphasis on reproducibility and sharing of analysis. By using R scripts, you can easily document your work, enabling others to review, reproduce, and build upon your analysis, ensuring accuracy and promoting collaboration.
Moreover, R is known for its ability to quickly process large amounts of data. Thanks to its extensive library of packages and built-in functions, R can handle complex datasets and perform a variety of statistical analyses with ease, saving valuable time and resources.
Lastly, although not directly a feature of R, the process of working with R encourages users to define their problems and ask the right questions. By using R for your project, you will be better equipped to clarify objectives, identify relevant data, and design effective analyses that address your project's needs.
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The Full Employment and balanced Growth Act of 1978 formally established a specific unemployment target for the economy of
Answers
The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of what percentage?
Answer:
4 percent
Explanation:
The Full Employment and Balanced Growth Act of 1978 formally established a specific unemployment target for the economy of 4 percent
The Act also declared that on or before the year 1983 the federal government should achieve an adult unemployment rate of at most 3 percent, a civilian unemployment rate of at most 4 percent, and an inflation rate of at most 3 percent.
Hence, in this case, the correct answer is 4 percent.
Over your lifetime, as a driver, it is estimated that you will
A. Most likely never be in a car accident
B. Be in one car accident
C. Be in two car accidents
D. Be in three to four car accidents
Answers
Answer:
The average is about three to four car accidents in their lifetime. Thats about 1 car accident every 18 years.
Explanation:
D is the correct option
International HRM Case Study: Expanding the Business Brunt Hotels, PLC, owns more than 60 hotels throughout the United Kingdom. They recently acquired a small hotel chain headquartered in France. Brunt's Chief Executive decided that half of the new hotels in France would be retained and rebranded as part of the Brunt Hotels Group; the other half will be sold. This will support Brunt's strategic objective of growing the organization slowly to make sure that new ventures are well supported and opened on time and on budget. Brunt's hotels are considered budget accommodations; they are functional, clean and reasonably priced. Most guests stay for one to three nights and are a combination of business and leisure travelers. The hotels are typically situated in downtown locations that are easily accessible by mass transit. Tourists are attracted to these hotels in popular visitor destinations where the many local attractions mean that they will not be spending much time in their hotel rooms. The organization has decided to use an ethnocentric approach and send some of their existing UK-based managers to France to lead the changeover of the new hotels and then manage them after they re-open. If this new overseas venture is successful, Brunt may decide to acquire other small hotel groups in other European countries. The organization would like to own 150 hotels in the next five years. Their 10 -year plan is to own 300 hotels across Europe. This is an ambitious target, so it is important that the organization finds an effective formula to operate successfully in other countries. The organization has never owned hotels outside the UK before and has hired a team of independent management consultants to advise them on how to proceed. They provided the consultants with the following information during their initial meeting: - A majority of their existing managers said they would like a chance to work abroad; - None of their existing managers speak French fluently; - They will allow four weeks to rebrand the hotels. The new hotels must be ready to open after that time; - They expect to recruit a large number of staff for the new French hotels because more than 70 percent of the employees from the acquired organization left; and - They will require their managers to be flexible and move between countries if any problems arise. All answers must be supported with examples and application ideas. Question 1 Business expansion is always a challenge especially when it involves a merger and acquisition with another brand from another country. Based on the above article, analyze FOUR (4) priorities to be completed during the four weeks rebrand period and ensure the hotel can be up and running according to the timeline. (15 Marks) Imagine that you are the appointed independent management consultant, and the hotel management asked you if they should look only at internal candidates who are parent country nationals (PCNs) or recruit host country nationals (HCNs) as a Project Manager to lead the expansion. This decision is based on the FOUR (4) priorities that you have identified above. Discuss the following proposals: a. Only PCNs should be hired; b. Only HCNs should be hired; and c. A combination of PCNs and HCN should be hired (15 Marks) Question 3 Based on the above opinion, the hotel management decided that because this is their first venture into a country outside the UK, they want to use PCNs to set up the new hotels and that only internal or existing candidates from their current organisation should be considered. They think that this is important so they can incorporate the organisation's values. However, they believe that once the hotels are up and running, HCNs could be hired. Write an internal recruitment advertisement to be shared with all managers for them to apply for the Project Manager position. Your advertisement should include, at a minimum, the following information: a. Job Scope: Main responsibilities of the position; b. Experience: Skills and years of service; and c. Competencies: Expected behaviors to be demonstrated based on Ownership and Trust values. (15 Marks) Question 4 The hotel management team liked your recruitment advertisement, however, since the organisation has never hired managers to work outside the UK before, they do not know how to start determining the package on top of the basic salary. Design a compensation package for the Project Manager position. Explain the rationale for your design. You may also include non-financial benefits. (15 Marks)
Answers
The compensation package should include a competitive salary and other benefits such as health insurance, vacation days, and other incentives.
What is insurance?Insurance is a contract between two parties in which one party, the insurer, agrees to provide financial protection or reimbursement to another party, the insured, in the event of an unforeseen occurrence, such as death, accident, illness, or loss of property.
Priorities during the rebrand period:
1. Recruitment of staff: The hotel management should recruit a large number of staff for the new hotel as more than 70 percent of the employees from the acquired organisation left. The staff should be knowledgeable about the local culture and should be familiar with the organisation’s values.
2. Rebranding of the hotel: The hotel needs to be rebranded to match the brand of the Brunt Hotels Group. This includes changing the name, logo, and other elements such as the website and other marketing material.
3. Training of staff: The staff should be trained to ensure they are able to provide the same level of customer service as the Brunt Hotels Group. The staff should also be trained to ensure they are familiar with the organisation’s values and culture.
The salary should be based on the local market rate and should be sufficient to attract quality applicants. Non-financial benefits could include flexible working hours, training and development opportunities, and access to other benefits such as a gym membership or discounts on products and services. The package should also include incentives for performance such as bonuses or rewards for achieving specific goals.
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A potential negative result of trade agreements is
Answers
agreements is JOB LOSS::
What is the IRR of the following set of cash flows?
Year Cash Flow
0 10,860
1 6,800
2 3,400
3 6,600
Answers
The IRR of the given set of cash flows is 11.3%.
To calculate the Internal Rate of Return (IRR) of the given set of cash flows, we need to find the discount rate at which the net present value (NPV) of the cash flows equals zero.
We can use a trial-and-error approach or utilize financial software or calculators to find the IRR.
Using a financial calculator or software, we find that the IRR of the given cash flows is approximately 11.3%.
To understand how this calculation is derived, we can set up the following equation and solve for the discount rate (IRR):
0 = -10,860 + 6,800 / (1 + IRR) + 3,400 / (1 + IRR)² + 6,600 / (1 + IRR)³
Simplifying the equation, we have:
0 = -10,860 + 6,800 / (1 + IRR) + 3,400 / (1 + IRR)² + 6,600 / (1 + IRR)³
By applying an iterative method or using financial software, we find that the IRR is approximately 11.3%.
The IRR represents the discount rate that equates the present value of the cash inflows (positive cash flows) with the present value of the initial investment (negative cash flow).
In this case, the IRR of 11.3% indicates that the cash flows are expected to generate a return of approximately 11.3% per year, making the investment financially attractive if the required rate of return is lower than this value.
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A friend comes to you seeking advice. He got into trouble at work for not being a team player. He really likes his job and isn’t quite sure what to do. What suggestions would you give to your friend to help him improve? How might he respond to his boss? paragraph... hurry need it by tomorrow
Answers
Answer:
well he should apologize to his boss and everyone he wasn't a team player to because someone must have told his boss, and then proceed to say he with work with others better and mean it. hope this helps your "friend"
Explanation:
The response to hie boss is advice by a friend is that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he will work better with others and mean it.
What is the team player?Effective team players hold themselves and others accountable. They accept responsibility for their actions or mistakes and comprehend how their decisions affect the team.
Adapting to change is an essential component of team success. If they have the backing of a team, people are more likely to take calculated risks that lead to innovation.
Working as part of a team promotes personal development, increases job satisfaction, and reduces stress. In the given case, his boss's response is advice from a friend that he should justify to his boss and everyone else who knew he wasn't a team player, and then proceed to say he is a team player.
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the federal deposit insurance corporation (fdic) insures each _____ up to a stated maximum dollar amount at any given financial institution.
Answers
The Federal Deposit Insurance Corporation (FDIC) insures each depositor up to a stated maximum dollar amount at any given financial institution.
The Federal Deposit Insurance Corporation serves as one of two agencies in the United States that provide deposit insurance to depositors in depository institutions.
The Federal Deposit Insurance Corporation (FDIC) insures each depositor at each financial institution up to a specified maximum dollar amount. The Federal Deposit Insurance Corporation insures money market deposit accounts (FDIC). For each account ownership category, the standard deposit insurance amount is $250,000 per depositor, per insured bank.
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what is the main function of ac
Answers
Please help will mark brainliest
Answers
Answer:
first b
second b
third a
Explanation:
Answer:
for the first one is b
and the second one is b
lastly last one is C
if im correct yq
write out two uses of oxygen
Answers
Answer: Common uses of oxygen include production of steel, plastics and textiles, brazing, welding and cutting of steels and other metals, rocket propellant, oxygen therapy, and life support systems in aircraft,submarines, spaceflight and diving.
Explanation:
when you are reading and come to an unknown word what should you do first? a.look for clues in the text b. skip it and keep reading c.look it up in a dictnoiry d.ask the teacher what it means. make sure to have an explanation
Answers
Answer:
I sound it out
Explanation:
and the word is conjunction
3. Describe the purpose of the SEC. (1-4 sentences 2.0 points)
Answers
Answer:
The Securities and Exchange Commission (SEC) is a federal body tasked with safeguarding investors from fraud and ensuring the market's fairness and efficiency in the United States. One of its key objectives is to require all types of investments to be disclosed to both small and large firms.
The Securities and Exchange Commission (SEC) was established in 1934 to enforce the 1933 Securities Act. It was created, in large part, to fill the void left by the absence of a government regulatory body to regulate the U.S. stock markets during a period of significant financial volatility. It was shortly broadened to include the 1940 Investment Advisers Acts as well. Today, the agency is responsible for enforcing and amending federal securities laws, as well as coordinating U.S. securities regulations with other countries.
Explanation: