The value of the factory today is $95,933.97
What is net present value?
The net present value of the factory is the today's worth or value of the factory, it is determined as the present value of future cash inflows in years 1-3, discounted at the discount rate of 11% minus the initial factory cost of $330,000, bearing in mind that the present value formula for each future cash flow is as shown below:
PV=FV/(1+r)^N
PV=present value of future cash inflow=unknown
FV=future cash inflows years 1-3
r=discount rate=11%
N=year of cash inflow, 1 for year 1 , 2 for year 2 cash inflow and so on
NPV=$105,000/(1+11%)^1+$165,000/(1+11%)^2+$270,000/(1+11%)^3-$330,000
NPV=value of factory=$95,933.97
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Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion
Ratio:
a) Return on equity %
b) Days in inventory
c) Days in accounts receivable
Account balance:
a) Net income
b) Inventory
c) Accounts receivable
Assertion:
a) Existence
b) Valuation
c) Completeness
Justification:
Ratio:
a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.
b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.
c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.
Account balance:
a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
Assertion:
a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
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Bill signed up for a mobile phone contract with at&t. Bill pays a fixed monthly charge for the phone service plus a per-minute charge for use of the phone. This is an example of?
Bill signing up for a mobile phone contract with AT&T is an example of a usage-based pricing model. In this model, Bill pays a fixed monthly charge for the phone service, which covers the basic features and services provided by AT&T. Additionally, Bill also pays a per-minute charge for the actual usage of the phone.
1. Bill signs up for a mobile phone contract with AT&T.
2. He agrees to pay a fixed monthly charge for the phone service.
3. This fixed charge covers the basic features and services provided by AT&T, such as access to the network, customer support, and other bundled services.
4. In addition to the fixed charge, Bill also incurs a per-minute charge for the actual usage of the phone.
5. This per-minute charge is based on the number of minutes Bill uses the phone to make calls, send text messages, or use data services.
6. The more minutes Bill uses, the higher his total bill will be for that month.
In summary, the example given of Bill signing up for a mobile phone contract with AT&T represents a usage-based pricing model.
This model involves a fixed monthly charge for the phone service and a per-minute charge for the actual usage of the phone.
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are small business owners at a disadvantage if they lack the marketing research resources large companies have why or why not?
For many business owners, starting a small business is difficult. They concentrate on producing high-quality goods and services that benefit the intended customers.
A tiny business defines itself as such by its employment and income, which can range from $1 million to over $40 million (from 100 to over 1,500 employees). For instance, a roofing contractor is considered a small business by the SBA if its yearly sales is $16.5 million or less. Small firms account for 43.5% of the US gross domestic product and two-thirds of new jobs (GDP). Small businesses not only maintain the economy but also set the standard for innovation. In comparison to large patenting companies, small enterprises issue 16 times more new patents per employee. Small businesses support the development of technical expertise and handicrafts. These companies make money overseas by exporting their goods. Economic power flows through a variety of sectors, preventing it from being concentrated in a small number of hands. These companies advocate for a more equitable distribution of the nation's income.
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What is an example of marketing through sports?
Free Bobbleheads being given out in a stadium
Gatorade advertising athletes drinking their product
tora
A team selling its own jerseys on a website
The NFL selling season tickets for a certain team
One illustration of sports marketing is Gatorade's advertisement for athletes to drink their product, tora. Option B is correct .
What is Sports Marketing ?Sports marketing is a subfield of marketing that focuses on both promoting other products and services through sports teams and events that are geared toward customers and fans and promoting sports events. It is a service in which a tangible product or a brand name can be promoted. The objective is to furnish the client with systems to elevate sports or to advance another item, administration, business or cause through sports. Through exchange processes, sports marketing is also designed to satisfy consumers' requirements and preferences.
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The boston consulting group (bcg) business portfolio analysis requires an organization to locate the position of each of its sbus on a growth-share matrix. the horizontal axis is the:_______
The horizontal axis on the growth-share matrix in the Boston Consulting Group (BCG) business portfolio analysis represents the market growth rate.
The market growth rate is a measure of how fast the industry or market in which the strategic business unit (SBU) operates is growing. It indicates the potential for future market expansion and the opportunities available in the industry.
The market growth rate is typically measured as a percentage and reflects the annual growth rate of the total market size or market demand for the products or services offered by the SBU. It helps in evaluating the attractiveness and potential of different markets.
On the growth-share matrix, the horizontal axis ranges from low to high market growth rates. SBUs are positioned along this axis based on the market growth rate to determine their relative growth potential and future investment requirements.
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What is another term for liability?
A. asset
B. notes
C. debt
D. accounts
Answer:
Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3
Explanation:
:3
The pioneering effort to measure perceived job content through employee responses to a questionnaire resulted in the identification of ________ characteristics.
The pioneering effort to measure perceived job content through employee responses to a questionnaire resulted in the identification of six characteristics.
While employees need to have some internal motivation to complete the tasks assigned to them, they also need to be motivated by their employers. Also, one of the most important factors that contribute to employee motivation is how often their hard work gets recognized.
The perceived job content through employee responses to a questionnaire resulted in the identification of six characteristics. These include- task identity, skill variety, task significance, autonomy, credibility, and feedback from job.
Hence, employee motivation is key to an organization's success.
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true or false: 400,000 people are seriously injured in car crashes each year.
Answer:
True
Explanation:
400,000 people are seriously injured in car crashes each year.
Indifference curves close to the origin are ________ those farther from the origin because of ________. Group of answer choices better than; transitivity worse than; nonsatiation better than; completeness worse than; transitivity.
Answer:
Worse than: nonsation
Explanation:
Indifference Curve is a type of curve that depicts all possible combinations of goods that gives the same satisfaction to consumer with the same as well as the same utility.
Indifference curves are also convex to the origin. That is they are bowed inward toward the origin.
Kim is on a crew that sets up the equipment for a very popular musician. Before the concerts, she sets up lights, microphones, sound equipment, and video screens above the stage. After the concerts, she takes down the equipment Her job is best described as Sylvia sets up, runs, and maintains the equipment for a radio station. Her job is best described as Kenneth works in a small studio using technical equipment and computers. He edits television commercials. His job is best described as Jose works in a music studio operating the equipment for musicians to record their music before selling it to the public. He adjusts the equipment so the recordings have good, clear sound. His job is best described as
Answer:
B,C,C,A
Explanation:i did it on edge 2021
His job is best described as an Audio and video equipment technician. They manage the electrical machinery used to produce radio and television shows, concerts, sound recordings, and movies.
What does an audio technician do?Audio technicians sometimes referred to as sound technicians, set up sound and recording equipment, test it out, and make modifications to help with recordings and sound production. They typically work in radio, television, film, concert halls, and recording studios.
Technicians that work with audio and video equipment operate devices including mixing boards, microphones, and video screens. They capture conferences, sporting events, concerts, and meetings.
Establish, run, and maintain the electronic machinery required to collect, edit, and broadcast audio and video for radio or television programs. To control sound volume, signal strength, and signal clarity in incoming and outgoing broadcast signals, make appropriate adjustments.
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Even though the Constitution said nothing about presidents purchasing land,
President Thomas Jefferson purchased the Louisiana territory from France in 1803.
Jefferson felt the power came with the office, and Congress agreed. How did
President Jefferson justify doing this without authority being expressly granted to him
in the Constitution?
O necessary and proper clause
O the commerce clause
O inherent powers clause
O the three-fifths clause
Answer: its A and C and YOUR MUM LOL
Explanation:
Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Utility refers to a person's derived ________ from consuming a good.
A. scarcity
B. usefulness
C. satisfaction
D. opportunity cost
Answer:
C
Explanation:
i think the answer is satisfaction
what is the impact of atm on banking sector?
Answer:
Explanation:
ATM s are of great use to the banks as the reduce the number of people storming the banks for withdrawal of money as well as deposit of money it reduces cost of operation and from customer point of view it is available easily near by hence travelling further distance to the bank is not required
ATMs are one of the most convenient services provided by the banks to customers. It is beneficial to banks as it is to its customers. It helps banks to save cost and time in withdrawing money and various other services which are now provided by ATM.
Automated teller machines, or ATMs as they are more commonly referred to, are a convenient way to conduct one-on-one transactions quickly and easily. One can do self-serviced transactions with these machines without a physical teller's aid or a trip to the bank branch. Cash withdrawals, cash deposits, and fund transfers are just a few of the many transactions possible with automated teller machines, or ATMs. Although the majority of customers only use ATMs to withdraw cash, these additional transactions make the service more effective.
With the advent of the ATM, users' financial lives became simpler because they could now perform simple transactions on their own with the aid of an ATM, which was much more practical than often visiting the bank. The ability for users to transact between banks is another significant advantage of an ATM. This means you can still use basic services like cash withdrawals from the ATM even if you don't have an account with the bank that runs the machine. Again, this saves you time and comes in handy in an emergency because you won't need to go to the ATM at your bank every time you need a quick infusion of cash. ATM helps banks operate more cheaply by lowering the number of human operations. The ATM provides service 24 hours a day which means customers can avail of money and other services at any time of the day.
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what does the process of controlling costs primarily involve? group of answer choices managing changes to the project budget finalising the procedures for project costs determining the policies for project costs determining a basis for estimates
The correct option for this question is managing changes to the project budget.
Controlling costs includes controlling changes to the task budget. The primary results of the cost control process are work execution data, cost conjectures, change demands, project the board plan refreshes, project reports refreshes, and authoritative cycle resources refreshes.
Here is a more critical glance at the kinds of task costs you'll have to remember for your budget:
Labor cost: compensations and wages, advantages, and finance charges
Materials: gear, programming, and different supplies
Transportation: travel costs and other planned operations
Exploration and advisors: specialists or specific groups like lawful or improvement
Preparing: courses, meetings, or facilitators for project-related abilities and apparatuses
Only one out of every odd venture budget will involve these classifications similarly. For instance, a development project is probably going to zero in undeniably a larger number of materials than a consolidation or securing project. An innovation execution task could designate more budget assets to prepare the labor force than on unadulterated labor costs.
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The cover letter should
a. be a minimum of two pages in length
b. never ask for an interview
c. introduce you to an employer
d. include your family history
Please select the best answer from the choices provided
OA
OB
OD
The cover letter should introduce you to an employer. The correct option is c.
When applying for jobs, you should include a cover letter with your CV. It serves as a personal introduction and aids in the sale of your application. Cover letters are required because they allow you to explain to a employer why you are the best candidate for the job. This is accomplished by emphasising relevant skills and experience; thus, always write your cover letter with the position you're applying over in mind.
Cover letters, not personal statements for your CV, should supplement but not duplicate your CV.
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A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called
A performance evaluation system can create a conflict of interest between what is best for a manager and best for the organization and its owners, which is called an agency problem.
An agency problem arises when there is a conflict of interest between the goals and objectives of the principal (the organization and its owners) and the agent (the manager). The principal wants the agent to act in their best interest, but the agent may have their own personal interests and may not always act in the best interest of the principal. This can lead to a conflict of interest and can have a negative impact on the performance of the organization. To minimize the potential for an agency problem, it is important to have clear and effective communication, alignment of incentives, and proper oversight and accountability.
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If someone hire you today, what are some skills that you have that you can use in the workplace?
If a loss of $25,000 is incurred in selling (for cash) office equipment having a book value of $90,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is.
The total amount reported in the cash flows from investing activities section of the statement of cash flows is $65,000.
This is because when a company sells an asset such as office equipment, the cash received from the sale is reported as a cash inflow in the investing activities section of the statement of cash flows. In this case, the cash received from the sale of the office equipment is $90,000.
However, since the company incurred a loss of $25,000 on the sale, this loss would also be reported in the investing activities section. The net cash inflow from the sale of the office equipment would then be $90,000 - $25,000 = $65,000.
It is important to note that this $25,000 loss is not reflected in the income statement, it is only reflected in the statement of cash flows.
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ethical issues in brand management can include all of the following except:
The "Ethical-issues" in brand-management include all the options except (d) domain constitution.
The Domain-Constitution refers to the process of establishing and assigning domain names for websites. It is not directly related to ethical issues in brand management.
Ethical concerns in brand management generally revolve around issues like brand infringement (a), cyber squatting (b), and the potential loss of trademark protection when a brand name becomes a generic term (e). However, domain constitution is not considered as an ethical issue in brand management.
Therefore, the correct option is (d).
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The given question is incomplete, the complete question is
Ethical issues in brand management can include all of the following EXCEPT:
(a) brand infringement
(b) cyber squatting
(c) new brand names like Go-ogle and Twit-ter, because the names have entered everyday conversation, as in "I Go-ogled myself" or "I Tweeted you."
(d) domain constitution
(e) when a brand becomes so well-established that it may be considered a generic term, such as a Kleenex tissue or a Xerox copy.
What is the net change in non-cash working capital that would appear on the cash flow statement given the following: i) Increase in cash of $500 ii) Increase in accounts receivables of $800 ii) Decrease in inventories of $350 iv) Decrease in prepaid expenses of $225 v) Increase in PP&E of $950 vi) Increase in accounts payable of $400
Answer:
$175
Explanation:
The change in non-cash working capital that would appear on the cash flow statement is calculated as:
Increase in accounts receivable -$800
Decrease in inventories $350
Decrease in prepaid expenses $225
Increase in accounts payable $400
______
Change in Non-Cash Working Capital --) $175
Hope my answer is helpful :)
The net change in non-cash working capital that would appear on the cash flow statement is $175.
Increase in accounts receivable ($800)
Add Decrease in inventories $350
Add Decrease in prepaid expenses $225
Add Increase in accounts payable $400
Change in Non-Cash Working Capital $175
Inconclusion the net change in non-cash working capital that would appear on the cash flow statement is $175.
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When designing in-store signage, the supermarket omar manages develops yellow signs and shelf tags with bold lettering to catch consumers’ attention. The use of visuals in this manner represents the ________blank component of the communication process.
The encoding part of the communication process is represented by the use of visuals.
Encoding – what is it?The main form of human communication is the encoding and decoding of messages. The encoder is the person who generates and sends the message. In order to ensure that the audience interprets the message as intended, the encoder must determine how the audience will interpret the message.
The process of translating concepts into language is called encoding. The encoder sends the message over a "medium" such as a phone call, email, text message, in-person meeting, or another form of communication.
Varying signals require different encoding degrees of conscious cognition. The encoder should take care of any "noise" that could hinder their messages, such as other messages, diversions, or influences.
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Before communicating a message to consumers, what must marketers as senders of that message do first? multiple choice decode the message. Identify a target audience. Deliver feedback. Eliminate noise
Before communicating a message to consumers, the marketers as senders of that message first Identify a target audience.
To effectively communicate a message, marketers must first identify their target audience, or the specific group of people they want to reach with their message. By understanding the characteristics, needs, and interests of their target audience, marketers can tailor their message in a way that resonates with that audience and effectively communicates the intended message. This helps eliminate "noise," or any factors that could interfere with the message being received and understood by the target audience. By decoding the message and delivering feedback, marketers can refine and improve their messaging strategy over time.
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Part 1: Recording Entries for Manufacturing
One of the products Al-Can Products, Inc. manufactures for their rest stops are benches. Perform the following tasks to classify and record common manufacturing costs.
The production of the rest stop benches requires the following costs. For each cost, determine how the cost should be classified by placing an X in the appropriate column.
Direct Materials
Direct Labor
Factory Overhead
None
Wages of factory supervisor
Rent of company headquarters
Lumber to manufacture benches
Factory property taxes
Bench inspector wages
Wages for the marketing manager
Cleaning supplies to maintain equipment
Wages of production employees
Stain for the benches
Al-Can Products, Inc. estimates that it will build 5,000 benches next year. For this amount of production, total factory overhead is estimated to be $123,456.00. Estimated direct labor costs for next year are $256,190.00. Calculate the factory overhead applied rate for next year as a percentage of direct labor costs.
Answer:
The factory overhead applied rate for next year is 48.19% of the estimated direct labor costs.
How do we calculate the factory overhead applied rate for next year?
The factory overhead applied rate is calculated by dividing the total factory overhead by the estimated direct labor costs and expressing the result as a percentage.
So, the formula for factory overhead applied rate is \((Total factory overhead / Estimated direct labor costs) * 100%\)
Plugging in the given values, we get factory overhead applied rate which is:
= ($123,456.00 / $256,190.00) * 100%
= 0.481892346 * 100%
= 48.1892346%
= 48.19%.
Complete and answered question "Al-Can Products, Inc. estimates that it will build 5,000 benches next year. For this amount of production, total factory overhead is estimated to be $123,456.00. Estimated direct labor costs for next year are $256,190.00. Calculate the factory overhead applied rate for next year as a percentage of direct labor costs".
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HELP ASAP PLEASE
The CPI is calculated by comparing
the spending levels at the beginning of
each year to the end of each year. In
this way, the calculation is similar to
what?
A. Unemployment
B. Inflation
C. Circular Flow Model
Answer:inflation
Explanation:
Which of the following is not an example of professional behavior
?
Discuss how "The Cheesecake Factory" approaches and manages ethical issues.
Discuss a recent ethical issue involving "The Cheesecake Factory" and their management of the issue.
The Cheesecake Factory is committed to ethical business practices and approaches ethical issues with a comprehensive framework.
They prioritize integrity, fairness, and transparency in their operations. The company maintains a strong code of conduct that outlines expected behaviors and ethical standards for employees at all levels. They emphasize training and education to ensure employees understand and adhere to ethical guidelines. The Cheesecake Factory also encourages open communication, providing channels for employees to report any ethical concerns or violations. By fostering a culture of accountability and responsibility, The Cheesecake Factory strives to address ethical issues promptly and appropriately, safeguarding their reputation and maintaining trust with stakeholders.
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Andreas is giving a speech to convince audience members that they can become millionaires by investing 20% of their income in stocks or real estate. He uses a microphone to make sure they can hear him. As he is
Andreas is giving a speech to convince the public that they can become millionaires by investing 20% of their income in stocks or real estate. He uses a microphone to ensure they can hear him. As he speaks, it starts to rain heavily, so he closes the windows.
After he finishes, listener Aya thanks him and says she didn't realize how quickly the investments can grow, being the action of using the microphone to the speech channel effective so that Andreas could carry out his speech without being interrupted by external noises.
How to make a good speechIt is essential that the speaker prepares in advance for his presentation, which will generate greater confidence that helps to retain more attention from the audience.
It is essential to know in depth about the topic to be discussed and to use support materials that make the presentation more dynamic and engage the public to participate and be interested in the subject.
Therefore, it is essential to prepare in advance for a speech, just like Andreas, who prepared and used the microphone in the speech channel to establish better communication during his presentation.
This is an incomplete question, whose alternatives to the question "Which action concerns the speech channel?" they are:
A. Using the microphone
B. Closing the windows
C. Thanking the speaker
D. Investment income
And the correct alternative is letter A.
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A hypothesis serves as: A way of eliminating extraneous variables from the research design A way of developing an IRB application A way of assessing the study results A proposed mechanism by which key factors relevant to a research question interact with one another
Option (d), A hypothesis describes a potential method through which important variables pertinent to a study question interact.
How should we interpret the research method hypothesis?A hypothesis is a specific, testable prediction of what the researcher(s) anticipate the findings of the study to be (plural: hypothese). It is acknowledged at the opening of the inquiry.
Why does the hypothesis exist?As was said before, a hypothesis drives the collection and interpretation of data and provides a solution to the research question. Along with finding links between variables, hypotheses can also be used by researchers to anticipate associations between variables using theoretical concepts and/or real data.
What kinds of theories are there?The null hypothesis and the alternative hypothesis are the two frameworks that are typically used in research when presenting your hypothesis (referred to as the experimental hypothesis when an experiment is the investigational procedure.).
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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
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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