Dream World Entertainment Limited accepted deposits worth 50.00 lacs from the public on 1st April 2019 for a period of 24 months, with the repayment of the deposit to be made on 31st March 2021. The rate of interest payable on such deposits is 9% p.a.
Mr. Aman has requested the company for premature repayment of his deposit of 6.00 lacs along with interest on 1st June 2020. As per the terms and conditions of the deposit scheme, premature repayment is allowed after the completion of a minimum lock-in period, which is usually six months. In this case, Mr. Aman has completed 14 months out of the 24-month deposit period. However, premature repayment of deposits attracts a penalty fee which varies from company to company. Therefore, we advise Dream World Entertainment Limited to check their policy on premature repayment of deposits and charge Mr. Aman accordingly. The company should also calculate the interest payable to Mr. Aman up to 1st June 2020 and repay the total amount to him as soon as possible. We hope this information is helpful to you. If you have any further questions, please do not hesitate to reach out to us.
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in which stage of the organizational planning process are companies likely to use a management by objectives process?
Companies are likely to use the Management by Objectives (MBO) process during the stage of goal setting in the organizational planning process. MBO is a management approach where managers and employees work together to define specific objectives that align with the overall goals of the organization.
These objectives are then used as a basis for performance evaluation and reward systems.
During the goal-setting stage of the organizational planning process, companies establish their strategic objectives and determine how to achieve them. This involves defining specific, measurable, achievable, relevant, and time-bound (SMART) goals for different departments or individuals within the organization. The MBO process can be employed to ensure that these objectives are effectively communicated, understood, and pursued throughout the organization.
By implementing MBO, companies create a framework where employees have clarity regarding their individual objectives and how they contribute to the broader organizational goals. Regular performance reviews and feedback sessions help track progress, identify areas for improvement, and align individual efforts with the overall strategy. This collaborative and goal-oriented approach encourages employee engagement, motivation, and accountability.
It is important to note that the organizational planning process is not strictly linear, and different stages often overlap or occur simultaneously. However, MBO typically finds its primary application during the goal-setting stage, where specific objectives are formulated to guide organizational actions.
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Martin is a credit counselor working with a client, Kim, who is in serious financial trouble. Kim is hesitant because she has a long way to go and a lot of work to do before she can be financially healthy again. What is the best way for Martin to explain the next steps to her?
A.) Martin should present the information in small manageable steps rather than give her a lengthy to-do list.
B.) Martin should make a list of tasks that must be completed and do them for her, since he is an experienced professional.
C.) Martin should compile a list of all the tasks that Kim must complete and suggest that she report back to him after she is finished.
D.) Martin should not encourage her to do anything she is reluctant to do, even if it means salvaging her financial life in the long term
Answer:
C
Explanation:
C la respuesta es la C ya que
what is interactive leadership? a leadership approach that helps others use their talents to benefit society. a leadership approach that focuses on communication, participation and teamwork. a leadership approach that is inspirational and arouses extraordinary effort. a leadership approach that directs the work of others through tasks, rewards and structures.
Interactive leadership is a leadership approach that focuses on communication, participation, and teamwork. Hence, the correct option is (B).
What Is Interactive Leadership?Leadership is an important element in a company because leadership is related to creating motivation for every workforce in the company so that it can increase productivity in order to achieve company goals. One form of leadership is interactive leadership. Interactive leadership is basically when a leader tries to involve the entire workforce in the company's work. This creates interactive leadership that is highly focused on communication, participation, and teamwork.
The question is incomplete, but most probably your question was:
Interactive leadership is
A. A leadership approach that helps others use their talents to benefit society
B. A leadership approach that focuses on communication, participation, and teamwork
C. A leadership approach that is inspirational and arouses extraordinary effort
D. A leadership approach that directs the work of others through tasks, rewards, and structures
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A trust established by your will that becomes effective upon your death is called a(n) ____________ trust.
testamentary
living
irrevocable
revocable
Answer:
testamentary trust is the answer.
Answer: hello, your answer would be TESTAMENTARY
Explanation:
i just finished the test and got it right
Lara owns and operates market place, a venue for growers, crafters, and others to sell their goods, without creating a separate business organization. She receives all the profits from the vendors’ fees and concession sales. This is most likely.
This business is presumably a Sole proprietorship. Any person who owns their own unincorporated business is appertained to as a sole owner.
An unincorporated establishment with a single proprietor that's subject to particular income duty on business gains is known as a Sole proprietorship, occasionally known as a solo dealer or a procurement. Due to the lack of need for a separate business or trade name, numerous lone possessors conduct their operations under their own names.
Due to a lack of government oversight, a sole proprietorship is the easiest type of business to start or shut down. Due to this, these company models are particularly well- liked by advisers , single possessors, and other independent contractors. The maturity of small enterprises begin as sole occupancies and either continue in that format or grow and convert to a pot or limited liability structure.
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School Weste
LAUNCH
Rowan is the social media strategist for the housewares unit of a large department store chain.
She has been assigned the project of rolling out a new line of bed linens. She has identified her
target audience, and has developed a persona to match. She knows which social media
platforms her target audience uses primarily. She also has a clearly defined goal to sell at least
10,000 sets of linen within six months. What stage is Rowan's social media campaign in?
Development
Implementation
Analysis
Planning
X
The optimization phase is the closing and probably most vital section of your social media campaign. In this section you are focusing on the metrics of your social media efforts to date and working to improve areas for increased return on investment.
What is social media advertising campaign?A social media marketing campaign is a business's coordinated advertising effort to fortify facts (about a brand, product, or service) the usage of at least one social media platform. These campaigns are strategically focused, have measurable outcomes, and impact social media followers to sense or act in a positive way.
Before you get revved up about pushing your company or company on social media, it is quintessential to recognize that true social campaigns start with a clear intention or vision.
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audience.
defining "litter"
energy-saving goods to buy
statistics about pollution
start an environment club
scientific experts' views
fuel-efficient car facts
how to recycle
Details for a Younger Audience
interviews with kids
Details for an Older Audience
Facts about fuel-efficient vehicles, scientific theories, and suggestions for energy-saving items For a younger audience, creating an environment club, interviewing kids, recycling, and statistics are appropriate.
Why is it vital to consider the target audience's age?You can reach more people in a certain age group by using age demographics. A certain age group may share cultural experiences, values, or attitudes that might help you relate to your target audience. These concepts can be used to demonstrate how your good or service matches their requirements and way of life.
What are the four most important methods for determining a target audience?When launching a business, a product, or a service from your current firm, identifying your core target audience is essential.
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Answer:Details for younger- interviewing with kids, how to recycle, start an environment club, defining “litter”
Older Audience-scientific experts’ views, energy-saving goods to buy,statistics about pollution, fuel-efficient car facts.
Explanation: I took it on edge 2023
Please elaborate on the answer. -----An employee can implement a kickback scheme regardless of whether he or she is in charge of the purchasing process, and whether there is an approval needed. How can this be accomplished? What steps would you put into place to detect and prevent this action. -accounting topic
An employee can implement a kickback scheme in various ways, regardless of their role in the purchasing process or the need for approval. To detect and prevent such actions, several steps can be implemented, including establishing strong internal controls.
An employee can implement a kickback scheme by colluding with a vendor or supplier to receive illicit payments or benefits in exchange for awarding them contracts or purchasing their products at inflated prices. This can be done by an employee in charge of the purchasing process or even by someone who has no direct involvement in procurement but can influence the decision-making process. To detect and prevent kickback schemes, organizations should establish strong internal controls, such as segregating duties, implementing approval processes, and conducting thorough background checks on employees and vendors. Regular audits and reviews of financial transactions and contracts can help identify any suspicious activities.
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the long-run effect of an increase in the money supply when starting from full employment is to
The effect of an increase in the money supply when starting from full employment depends on a number of factors.
Firstly, it is important to consider the cause of the increase in the money supply.
If the increase is due to an expansionary monetary policy, then it is likely to result in an increase in aggregate demand, as there is more money in circulation for consumers and businesses to spend.
This could lead to an increase in output and employment in the short run, as firms respond to the increased demand by producing more goods and services and hiring more workers to meet this demand.
However, in the long run, the effect of the increase in the money supply on output and employment is less clear.
If the increase in demand is not matched by an increase in the economy's capacity to produce goods and services, then it could lead to inflation, as firms raise prices to meet the increased demand.
In this case, the long-run effect of the increase in the money supply would be to reduce the purchasing power of the currency, which could have negative effects on the economy, such as reduced international competitiveness and reduced investment.
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If you want to know whether a company had a profit or a loss during a specific period of time, which financial statement would be most helpful?
A.
Statement of owners' equity
B.
Cash flow statement
C.
Balance sheet
D.
Income statement
Answer:
The answer is D. Income statement
Explanation:
Answer:
D. income statement
Explanation:
i took the test
Check through that apply
How did foreign powers convince the United States of the need for a stronger federal government?
-The Spanish refused to allow the Americans access to the Mississippi River.
-North African pirates confiscated American goods and kidnapped American sailors.
-Both the British and the French closed off ports to American shipping.
-The French threatened to invade from Canada.
-A Mexican army invaded Texas.
-The Japanese were seizing land along the Pacific coast.
The answer is Both the British and the French closed off ports to American shipping.
What does a port do primarily?Ports function as significant transportation nodes that assist the transit of products. the transfer of cargo (including raw materials, components, and completed consumer goods) across all means of transportation, including rail, truck, air, and sea, to enterprises in nearby towns and on the global market.
What are ports known as?A port is a location near the mouth of a river, lake, or ocean where ships can load and unload their cargo. At a port, passengers can board or depart ships. It is sometimes referred to as a port or a harbor.
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Una señora compra 100 pantalones y 100 camisas, los pantalones le cuestan $5. 00 cada uno y las camisas a $ 3. 00 cada una, paga de transporte $ 10. 00 de local $ 100. 00 mensual, de mano de hora $365. 00 mensual en cuanto venderá cada uno de los pantalones y las camisas, hacer el cálculo respectivo
It is unclear what is meant by "$365 per hour. 00 monthly". If it means that the lady incurs a monthly cost of $365.00 per hour that she spends selling the clothes, then we would need to know how many hours she spends selling the clothes in order to calculate her total cost and profit.
Let's calculate the total cost of the pants:
100 pants * $5.00/pant = $500.00
And the total cost of the shirts:
100 shirts * $3.00/shirt = $300.00
The total cost of the clothes is the sum of the cost of the pants and shirts:
$500.00 + $300.00 = $800.00
Adding the cost of transportation, we get:
$800.00 + $10.00 = $810.00
The lady also incurs a monthly cost of $100.00, so her total cost for the month is:
$810.00 + $100.00 = $910.00
Assuming the lady sells each pant and shirt for the same price, she would need to sell each item for:
$910.00 / 200 items = $4.55 per item
If the lady sells each item for $4.55, her revenue would be:
200 items * $4.55/item = $910.00
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Note:- Question in English
A lady buys 100 pants and 100 shirts, the pants cost her $5. 00 each and the shirts $3.00 each, she pays $10.00 for transportation, $100.00 locally, monthly, and $365 per hour. 00 monthly as she will sell each of the pants and shirts, do the respective calculation.
What personnel records would you suggest for a small retailer with three employees?
Explanation:
For a small retailer with three employees, the ideal would be to keep personnel records well organized, because regardless of the size of the company, the records function as a perspective of the human resources department and a protection for the company, therefore it is essential that the company have registration forms, selection data, evaluation reports, disciplinary forms, job description, social security number, etc.
Explain the importance of the processor as apart of the computer system.
Answer:
Explanation:
The purpose of a computer processor is to do the actual computation done by the computer, which includes managing the computer's memory, handling input from users, sending them output and doing whatever calculations are necessary.
\( \huge \mathbf{ \colorbox{black}{ \color{white}{Hello!}}} \boxed{♡} \Huge{►}\)
Its function is to be the brain of the entire operation of the system, being in charge of directing all the tasks carried out by our team and of executing the code of the different programs, often with the joint help of the rest of the components and peripherals.
Tony's sign shop needs a new
machine to create the best signs
on the market. He has paid off all
his financial obligations and has
made a $10,000 profit. What
strategy will he use?
A. short-term loan
B. common stock
C. retained earnings
C. retained earnings.
Retained earnings are the portion of a company's profits that are kept and reinvested back into the business instead of being distributed to shareholders as dividends. Since Tony has already paid off all his financial obligations and made a profit of $10,000, he can use this profit to reinvest in his business and purchase the new machine.
This strategy will not require Tony to take on any new debt or issue additional shares of stock, which would dilute his ownership in the business.
Therefore, retaining his earnings to purchase the new machine is the most feasible and efficient strategy for Tony in this scenario.
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Some promises do not support a bargained-for exchange and will not support contractual consideration. Such promises are called __________.
The promises do not support a bargained-for exchange and will not support contractual consideration are called Contracts that are not supported by consideration.
What is bargained for exchange?The act of bargained for exchange is known to be the exchange between parties that are said to be engage in a contract in that it often leads to an enforceable contract.
Note that Contracts that are not supported by consideration are said to be usually not enforceable.
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4. Match the correct term with its definition.
1. equilibrium price point
2. price
3. surplus
4. equilibrium point
5. shortage
is sunnly
a. the sum of money necessary to purchase a good or service.
b. point of the supply curve prior to the equilibrium price
c. point of the demand curve prior to the equilibrium Price
d. quantity demanded of a product is equal to the quantity supplied at that price
e. point where supply and demand exactly cross each other
Answer:
1. equilibrium price point: e. point where supply and demand exactly cross each other
2. price: a. the sum of money necessary to purchase a good or service
3. surplus: d. quantity demanded of a product is equal to the quantity supplied at that price
4. equilibrium point: d. quantity demanded of a product is equal to the quantity supplied at that price
5. shortage: b. point of the supply curve prior to the equilibrium price
Explanation:
Note: "sunnly" does not appear to be a term related to economics or this question, so I could not match it with a definition.
The given items can be correctly matched as follows - 1) equilibrium price point - e. point where supply and demand exactly cross each other, 2) price - a. the sum of money necessary to purchase a good or service, 3) surplus - the quantity supplied of a product exceeds the quantity demanded at a given price, 4) equilibrium point - d. quantity demanded of a product is equal to the quantity supplied at that price, shortage - the quantity demanded of a product exceeds the quantity supplied at a given price.
What is equilibrium price point?The equilibrium price point is the point at which the quantity of goods or services supplied is equal to the quantity of goods or services demanded, resulting in market stability. At this price, there is no shortage or surplus of goods or services in the market, as the supply and demand are in balance.
Price is the sum of money necessary to purchase a good or service. Surplus refers to refers to the production or supply of goods or services that exceed demand. Equilibrium point is the point where the supply and demand for a product or service are balanced. Shortage refers to a situation where the demand for a product or service exceeds the available supply.
Hence, the given items can be correctly matched as follows - 1) equilibrium price point - e. point where supply and demand exactly cross each other, 2) price - a. the sum of money necessary to purchase a good or service, 3) surplus - the quantity supplied of a product exceeds the quantity demanded at a given price, 4) equilibrium point - d. quantity demanded of a product is equal to the quantity supplied at that price, shortage - the quantity demanded of a product exceeds the quantity supplied at a given price.
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10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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an operation has a buffet with 12 different items on it. how many serving utensils are needed to serve the items on the buffet?
To serve the buffet's products, eight serving utensils are required.
What is meant by operation?The term "operation" in mathematics refers to the process of calculating a value utilising operands and a math operator. For the specified operands or integers, the math operator's symbol has predetermined rules that must be followed.
Addition, subtraction, multiplication, and division are commonly regarded as the four basic mathematical operations.
The principles and foundations of mathematics are basic operations. They resemble learning the traffic laws in driver's education. Addition, subtraction, multiplication, and division are the four fundamental rules that we all understand. We're going to mix them now in novel ways to perform novel tasks.
The number of serving utensils are needed to serve the items on the buffet exists 8.
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In which type of economy is a business owner most likely to benefit from free enterprise?
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
1. Poverty is more than an economic problem, its a source of social discontent and political________; However, economic _________ has reduced the proportion of people living below the _______ line.
Poverty is more than an economic problem, it is a source of social discontent and political unrest; economic development has reduced the proportion of people living below the poverty line.
What is poverty?Poverty is shown as a deficiency of money and profitable resources to support long-term survival.
Hunger and starvation, restricted access to education and other basic services, social prejudice and exclusion, and a disinterest in decision-making are all examples of its expressions.
Poverty is a cause of social dissatisfaction and political upheaval; economic development has lowered the amount of people living in poverty.
Therefore, the poverty is a very big problem than the economic problem.
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4. How does the system for allocating salary increases differ in union and nonunion organizations?
5. How does the usual structuring of union wage and benefit demands alter the structure of wage differentials in an organization over time?
Labor Relations
Labor Management
In a union, salary increases are collectively bargained and decided through negotiations between the union and the employer. A union contract establishes a pay scale that determines how much employees will be paid based on job classification, seniority, and other factors.
The union also usually has the power to call for a strike if negotiations break down. In nonunion organizations, salary increases are determined by management and can vary widely based on the company's financial situation, performance, and other factors. The structuring of union wage and benefit demands can alter the structure of wage differentials in an organization over time.
Union contracts typically establish minimum wage rates and pay scales based on job classification, which can lead to a compression of wage differentials. This means that workers at the lower end of the pay scale may receive larger percentage increases in pay than those at the higher end. In addition, union contracts often include cost-of-living adjustments and other automatic increases, which can further reduce wage differentials over time.
However, the overall impact of union wage and benefit demands on wage differentials depends on a variety of factors, including the nature of the work, the size and structure of the organization, and the collective bargaining process between the union and the employer.
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In trying to understand the evacuation of the World Trade Center when it was first bombed in 1993, B. E. Aguirre, Dennis Wenger, and Gabriela Vigo argue that the more "the search for meaning in the milling process focuses upon defining the situation as serious, the quicker should be the mobilization of people and the initiation of collective behavior." What type of theory are they using to make this prediction?
Answer: Emergent norm theory
Explanation: The emergent norm theory could be explained as the energy, discipline and panache which surrounds a particular situation. When there is a situation at hand, the extent at which the issue or situation is managed hinges on the social interaction or atmosphere within the crowd or pool of participants. It defines the importance, seriousness and norm exhibited by members who make up the pool or crowd. The crowd behavior reverberates around individual members and as such influences their behavior by adopting or following the trend due to the nature of the circumstance at ahead which has given rise to a change in the individual attribute or character of the people.
Timothy has written market goals for his business. He wants to put them in action by
creating marketing strategies. Which of the following is not a key characteristic in
developing marketing strategies? Choose the answer.
expensive
scalable
targeted
data driven
Answer:
expensive
Explanation:
The correct answer is "expensive."This is not a key characteristic in developing marketing strategies.Marketing strategies should generally be designed to be cost-effective and provide a good return on investment.Other important characteristics of marketing strategies include being scalable, targeted, and data-driven.These characteristics help ensure that the strategies are effective and can be adapted to meet changing market conditions.You are a consultant helping to turn around a factory that hasn't adapted to modern manufacturing standards. They receive several truckloads of raw materials each day, which are recorded by hand in a logbook kept at the loading dock. Each of the salesmen keeps a running tally of orders and files them in the sales office. The deliveries are made once a truck is filled. What aspects of this factory can be significantly improved by introducing an EPR (enterprise resource planning) system?
environmental management
sales and revenue
human resource management
equipment maintenance
Answer:
use of modern technology
Explanation:
to make work and tallying
easy
Answer:Sales and revenue
Explanation:
This is standard business marketing
Bumpas Enterprises purchases $4,562,500 in goods per year from its sole supplier on terms of 2/15, net 50. If the firm chooses to pay on time but does not take the discount, what is the effective annual percentage cost of its non-free trade credit? (Assume a 365-day year.)
a. 23.45%
b. 22.28%
c. 21.17%
d. 24.63%
e. 20.11%
The effective annual percentage cost of Bumpas Enterprises' non-free trade credit is approximately 21.93% Option C.
To calculate the effective annual percentage cost of non-free trade credit, we need to consider the cost of forgoing the cash discount and the length of the credit period.
The terms 2/15, net 50 mean that the supplier offers a 2% cash discount if payment is made within 15 days, otherwise, the full amount is due within 50 days.
First, let's calculate the cost of forgoing the cash discount. The cash discount is 2% of the purchase amount, which is $4,562,500 * 2% = $91,250.
Now, let's determine the length of the credit period. The credit period is the difference between the due date and the discount period, which is 50 days - 15 days = 35 days.
To calculate the effective annual percentage cost, we need to determine the equivalent interest rate for the 35-day credit period and then annualize it.
The formula to calculate the equivalent interest rate is:
Equivalent interest rate = (Discount / (Purchase - Discount)) * (365 / Credit period)
Plugging in the values:
Equivalent interest rate = ($91,250 / ($4,562,500 - $91,250)) * (365 / 35) = 0.02011 * 10.42857 = 0.2095
To annualize the interest rate, we multiply it by the number of credit periods in a year:
Annual interest rate = 0.2095 * (365 / 35) = 2.193
Therefore, the effective annual percentage cost of Bumpas Enterprises' non-free trade credit is approximately 21.93%. So Option C is correct.
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what is the definition of net working capital? multiple choice question. net working capital is the amount of cash a firm has on hand as of a specific date. net working capital is the value of a firm's assets that can be converted into cash in one year or less. net working capital is the sum of a firm's cash and marketable securities accounts. net working capital is the difference between a firm's current assets and current liabilities.
The definition of net working capital is the difference between a firm's current assets and current liabilities. Current assets refer to those assets that can be converted into cash within a year or less, while current liabilities refer to those liabilities that must be paid within a year or less.
Net working capital is important because it indicates a company's ability to meet its short-term financial obligations.
For example, if a company has current assets of $100,000 and current liabilities of $50,000, its net working capital would be $50,000 ($100,000 - $50,000). This means that the company has $50,000 in excess of its short-term liabilities, which can be used to fund operations or invest in new projects.
Net working capital is also an important indicator of a company's liquidity. A positive net working capital means that a company has enough liquid assets to cover its short-term debts, while a negative net working capital means that a company may have difficulty paying its short-term obligations.
In conclusion, net working capital is a measure of a company's short-term financial health and its ability to meet its short-term obligations. It is calculated by subtracting current liabilities from current assets, and a positive net working capital is generally considered a positive sign for investors and creditors.
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What is most likely to happen to an adjustable-rate mortgage in a decreasing interest rate environment?.
The borrower's payments on an adjustable-rate mortgage will go down in an environment of falling interest rates.
Explain about the mortgage interest rates decrease?They impact the price of real estate and the amount we will have to pay in interest when borrowing money to purchase a property. While high interest rates typically have the opposite effect, they do tend to increase demand for real estate and raise prices.
A banking organization predicts that mortgage rates will decrease to 5.4% by the end of 2023. The Consumer Price Index showed prices rising 7.7% year over year in October, after months of 8% or higher, which is a reason for optimism. This was softer than projected inflation. The stock market soared as a result of that encouraging evidence of declining inflation, and mortgage rates also decreased.
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in testing controls over cash disbursements, the auditors most likely would determine that the person who signs checks also:
When validating checks for cash recessions, Auditors would most probably find that the signer of the check also has Responsible for transferring checks.
checks and validations must be marked" paid" once the check is returned with the bank statement.
The auditor is a person or company hired by the company to carry out an inspection of the accounts. In order to exercise as a chartered accountant, a person must be certified by the Account and Auditing Regulatory Authority or have certain qualifications.
The part of the chartered accountant or adjudicator is to give a professional and independent character to these degrees. An inspection or inspection of an association's fiscal statements can give lesser responsibility to members and insure that all finances entered by the association have been duly reckoned for.
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Firms in a competitive market face a market demand curve given by \( \mathrm{P}=130-2 \mathrm{Q} \). Each firm's marginal cost curve crosses the average cost curve when \( A C=10 \) and \( q=5 \). The
In an aggressive market situation, the overall amount provided is 20, the equilibrium fee is 90, and there are 4 companies. However, whilst the marketplace will become a monopoly, the amount decreases to 30, and the fee decreases to 70.
A) In an aggressive scenario, each corporation's marginal cost (MC) curve represents the supply curve. We realize that the common cost (AC) is the same as 10 while the amount (q) is five. Since AC = MC at their intersection factor, we will determine that MC = 10 while q = 5 for every organization. Therefore, the total quantity furnished inside the aggressive state of affairs is the sum of the amount supplied by means of every company.
Since there is no constant price and every organization operates at an identical value level, the whole quantity furnished is 5 instances of the number of firms.
B) In a competitive market, the equilibrium rate is decided by means of the intersection of the market call-for curve and the entire deliver curve. The marketplace demand curve is given by P = 130 - 2Q. The total supply curve is the sum of the person corporation's supply curves, that's equal to five times the character company's supply curve (since there are 5 firms).
Therefore, the equilibrium charge can be determined by way of placing the overall amount furnished identically to the quantity demanded: 130 - 2Q = 5(10). Solving this equation, we discover Q = 20, and substituting this again into the call for curve, we can calculate the equilibrium fee: P = 130 - 2(20) = 130 - 40 = 90.
C) In a competitive marketplace, the number of firms can be decided by dividing the whole quantity furnished by means of the quantity supplied by way of each person firm. Since the total quantity provided is 5 instances the amount furnished by every corporation, and the whole amount furnished is 20 (as calculated in part a), we can finish that there are four companies inside the marketplace.
D) When the market will become a monopoly, the marginal revenue (MR) curve will fluctuate from the market call-for curve. MR is given by means of MR = 130 - 4Q. In a monopoly, the equilibrium amount and fee are determined wherein MR equals marginal cost (MC). We recognize that MC is regular at 10. So, putting MR the same as MC, we've got 130 - 4Q = 10. Solving for Q, we find Q = 30.
Substituting this value returned into the demand curve, we are able to calculate the monopoly price: P = 130 - 2(30) = 130 - 60 = 70.
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The correct question is:
"Firms in a competitive market face a market demand curve given by P=130−2Q. Each firm's marginal cost curve crosses the average cost curve when AC=10 and q=5. The firms incur no fixed cost. If all firms were owned by the same owner, the resulting monopoly would have a constant marginal cost curve at MC=10. a) What is the total quantity supplied in the competitive scenario? b) What is the equilibrium price when the market is competitive? c) How many firms are there when the market is competitive? d) Knowing that MR=130−4Q, what are price and quantity after the market becomes a monopoly?"