A firm attempting to reduce the size of its workforce may use several approaches. the approach most likely to be saved as a last resort is firing [c].
What distinguishes a company from a firm?
A firm is a company that engages in the sale of goods and services for a profit, typically professional services. While a company refers to any firm engaged in any revenue-generating activity including the sale of products and services, as well as all commercial trades and structures.
Several strategies may be employed by a company in an effort to minimize the size of its personnel. fire is the method that will most likely be used as a final option.
Therefore, A firm is a business that sells products and services for a profit, usually professional services.
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who buys and sells stocks on the exchange
Answer:
i do
Explanation:
Which of the following is a primary activity in the generic value chain?
a. Human resource management
b. Inbound logistics
c. Procurement
d. Firm infrastructure
e. Technology development
The primary activity in the generic value chain is inbound logistics. This includes receiving, storing, and distributing inputs to the production process.(option b)
Inbound logistics is critical to the success of a business as it affects the efficiency and effectiveness of the entire production process. It involves activities such as transportation, warehousing, and inventory control. By managing these activities effectively, businesses can minimize costs, improve production processes, and ultimately increase profitability.
While human resource management, procurement, firm infrastructure, and technology development are all important components of the value chain, they are considered support activities rather than primary activities. Support activities play a crucial role in enabling primary activities to function effectively, but they do not directly add value to the final product or service. Therefore, inbound logistics is the primary activity in the generic value chain.
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pete jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: multiple choice question. increasing equipment; increasing revenues increasing cash; increasing equipment increasing cash; increasing expenses decreasing cash; increasing equipment
Pete Jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: decrease cash, increase equipment.
When using the accounting equation, recording the acquisition of kit for cash would come with a rise to the (Cash/Equipment/Supplies) account and a decrease to the (Cash/Equipment/Supplies) account.
What's the proper definition of an asset Business activities change the amounts within the accounting equation. The purchase of an equipment would only lead to a rise in an asset (Equipment) and a decrease in another asset (Cash) within the same amount which might end in the identical total amount of assets, liabilities and equity, and can not affect the fundamental accounting equation.
In step with the business entity concept, a proprietor may include nonbusiness assets and liabilities expenses within the business entity's accounting records. Accountants call any endeavor that changes assets, liabilities, or owner's equity a transaction.
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when would a company decide to use the product adaptation-message adaptation strategy to promote a product?
When a company decide to use a product that serves the same function but needs to be changed based on adaptation strategy.
An adaptation strategy is a program, project or approach designed to respond to the expected impacts of climate change in specific areas of potential concern.
Adaptation refers to the adjustment of ecological, social or economic systems in response to actual or anticipated climatic stimuli and their effects or impacts. It refers to changes in processes, practices and structures to mitigate potential harms or capitalize on opportunities associated with climate change.
Adaptive strategies address the specific ways an organization adapts as it seeks to survive and take advantage of its external environment. Such adjustments can be made in various areas of product, market and resource management.
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how much did your parent 1 (father/mother/stepparent) earn from working (wages, salaries, tips, etc.) in 2021?
The response indicates the amount of “wages, salaries, tips, etc.” earned by the student’s parent as reported on the student’s parents’ 2021 income tax return, IRS Form 1040–line 1 + Schedule 1, lines 3 + 6 + Box 14 (Code A) of Schedule K-1 (Form 1065). If a tax form line’s value is negative, treat it as a zero in your calculation.
detailed process:If the student’s parents filed a joint return, the Parent 2 (Father’s/Mother’s/Stepparent’s) income earned from work is reported separately.
If the student is Dependent, the income earned from work must be provided for at least one parent.Find the scenario that best fits your parent's tax filing status.
If your parent didn’t file taxes, include the information from his or her 2019 W-2 Forms – box numbers 1 + 8.
If your parent is married and uses the Internal Revenue Service Data Retrieval Tool (IRS DRT) to transfer information from a joint tax return into your FAFSA form, you must manually enter income earned from work. Report each parent's earnings separately. Your parents can use their tax return, W-2s, or other earning statements to calculate their separate earnings. Include income that they earned from Federal Work-Study or any other need-based employment, as well as the amount reported in box 14 (Code A) of IRS Schedule K-1 (Form 1065), if applicable.
If your parent isn’t married and uses the IRS DRT to transfer his or her information from the IRS into your FAFSA form, the answer to this question will be identified as "Transferred from the IRS." If your parent filed a Schedule K-1 (Form 1065), you’re required to report that information separately.
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What is the account balance of Supplies if: Cash = $2,300; Supplies = ??; Equipment = $650; and Liabilities +
Owners' Equity = $4,100
According to this question, with the given data available to us, the account balance of supplies is $1050.
What is the calculation for the same?The information provided gives us the following equation:
Assets = Liabilities + Owners' Equity
We know that:
Cash = $2,300
Equipment = $650
Liabilities + Owners' Equity = $4,100
Therefore:
Assets = Cash + Supplies + Equipment
To find the value of Supplies we can use the equation above and the information provided:
Assets = Liabilities + Owners' Equity
Cash + Supplies + Equipment = Liabilities + Owners' Equity
Supplies = Liabilities + Owners' Equity - Cash - Equipment
Plugging in the numbers:
Supplies = $4,100 - $2,300 - $650
Supplies = $1,050
So the account balance of Supplies is $1,050.
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Integrated Potato Chips paid a $1.10 per share dividend yesterday. You expect the dividend to grow steadily at a rate of 5% per year.a. What is the expected dividend in each of the next 3 years? (Do not round intermediate calculations. Round your answers to 2 decimal places.)Expected DividendYear 1 $Year 2 Year 3 b. If the discount rate for the stock is 11%, at what price will the stock sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.)Current price $c. What is the expected stock price 3 years from now? (Do not round intermediate calculations. Round your answer to 2 decimal places.)Future price $d. If you buy the stock and plan to hold it for 3 years, what payments will you receive? What is the present value of those payments? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.)Year 1 Year 2 Year 3DIV $ $ $Selling price Total cash flow PV of cash flow
a. Expected dividends for the next 3 years are $1.16, $1.21, and $1.27.
b. At a discount rate of 11%, the stock price today is expected to be $19.25.
c. The expected stock price 3 years from now is $22.28.
d. The expected cash flows are $1.16, $1.21, $1.27, and $22.28 for years 1, 2, 3, and selling price, respectively.
e. The present value of the expected cash flows is $19.25.
The Rationale to Each Answera. To calculate the expected dividends for the next 3 years, we use the formula for a constant growth rate:
DIV1 = DIV0 × (1 + g) = $1.10 × 1.05 = $1.16DIV2 = DIV1 × (1 + g) = $1.16 × 1.05 = $1.21DIV3 = DIV2 × (1 + g) = $1.21 × 1.05 = $1.27Therefore, the expected dividends for the next 3 years are $1.16, $1.21, and $1.27.
b. To calculate the price of the stock today (P0), we use the dividend discount model:
P0 = DIV1 / (r - g) P0 = ($1.10 × 1.05) / (0.11 - 0.05) P0 = $19.25Therefore, the stock price today is expected to be $19.25.
c. To calculate the expected stock price 3 years from now (P3), we use the same formula as in part (b), but we use DIV4 instead of DIV1:
P3 = DIV4 / (r - g) P3 = ($1.10 × \(1.05^4\)) / (0.11 - 0.05) P3 = $22.28Therefore, the expected stock price 3 years from now is $22.28.
d. To calculate the expected cash flows if you plan to sell the stock 3 years from now, you add the expected dividends for each year and the expected selling price:
Year 1: $1.16Year 2: $1.21Year 3: $1.27Selling price: $22.28Total cash flow:
= $1.16 + $1.21 + $1.27 + $22.28 = $26.92Therefore, the expected cash flows are $1.16, $1.21, $1.27, and $22.28 for years 1, 2, 3, and selling price, respectively.
e. To calculate the present value of the expected cash flows, we discount each cash flow to its present value using the discount rate of 11%:
Year 1: PV of cash flow = $1.16 / 1.11 = $1.04Year 2: PV of cash flow = $1.21 /\(1.11^2\) = $0.98Year 3: PV of cash flow = $26.92 / \(1.11^3\) = $17.23The sum of the present values is:
$1.04 + $0.98 + $17.23 = $19.25Therefore, the present value of the expected cash flows is $19.25, which is the same as the stock price today (P0).
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Sometimes the government will step in when they feel the need to encourage competition in
a particular industry and to break up companies that have nearly complete control over a
particular market. What is it called when the government initiates action against companies
that appear to have too much power?
A.consumer protection
B.OSHA
C.monopolies
D.antitrust suits
Sergey's boss has very strong opinions and often frowns upon questions from the team. this creates an environment where everyone just agrees with the boss's decisions without questioning them. what is this called? question 5 options: consensus critical thinking groupthink group dynamics
Sergey's boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss's decisions without questioning them. This is called groupthink.
Groupthink is a phenomenon that happens when people come to an agreement without using critical thinking or weighing the pros and drawbacks. It is based on a shared goal to maintain a group's equilibrium. This generates a dynamic inside a group wherein uniqueness and creativity are frequently suppressed in an effort to prevent conflict.
The term 'groupthink' was first used by psychologist Irving Janis in 1972. Groupthink can lead employees and managers in a professional context to ignore possible issues for the sake of consensus thinking. Employees may self-censor and refrain from suggesting alternatives since individual critical thinking is deemphasized or discouraged for fear of disrupting the current quo.
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List five organizations where you could volunteer your services. Describe the type of work you might perform for each organization.
Answer:
animal shelter: feeding the animals giving them baths and walking them maybe
eldery homes: help them clean up a bit and just talk to them
Explanation:
sorry i cant think of more
Points of Light is the world's largest volunteer organization. We envision a society in which it is simple for anyone to affect change in their community and around the world. A volunteer program is a structure that is used to recruit and manage volunteers while also supporting community volunteer activities.
How do I ask for volunteer work?Explain that you are looking for a volunteer opportunity and that you are particularly enthusiastic about the organization in question. You can even include a sentence explaining why the organization is a good fit for your skills. The first paragraph should pique the reader's interest and make them want to learn more about you.
Volunteering can help you gain confidence by allowing you to try something new and develop a genuine sense of accomplishment. Make an impact. Volunteering can have a significant and positive impact on individuals, communities, and society as a whole. Meet new people. a desire for excellence doing an excellent job requiring a sense of significant accomplishment wanting to change careers/get a job.
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Describe Red Bull’s target audience
Answer:
Red Bull can be identified as young urban males that live on the edge or aspire to do so. They are also generally interested in extreme sports and challenging recreational activities, and they have a lot of energy
A business plan for a new business does NOT need to include Multiple Choice any advantages relative to the competition. a discussion of the purpose of the business. a description of the company background. the names of the prospective lending companies.
Answer:
the names of the prospective lending companies.
Explanation:
A business plan can be defined as a written document that gives a detailed description or information about a business's (usually new) operational and financial objectives, strategies and how to achieve its goals.
The business plan usually provides the following informations;
1. Any advantages relative to the competition.
2. A discussion of the purpose of the business.
3. A description of the company background.
However, a business plan for a new business does not need to include the names of the prospective lending companies.
Q1. Write a research paper on ''Effects of Exchange Rate Volatility on the Stock Market''. Select the research problem and go for a review of existing literature and try to find out your research gap and formulate some objectives of the study. Take some data relevant to your problem and use some statistical/econometric techniques for the analysis of the data. you will come up with results and at last write some respectable suggestions.You should be able to write at least 1500 (no more than 2000) words.
The research paper aims to study the effects of exchange rate volatility on the stock market. The research problem is to identify the relationship between exchange rate volatility and stock market returns.
To this end, a review of existing literature will be conducted to identify the research gap. The objectives of the study are to analyse the impact of exchange rate volatility on stock market returns and to identify the factors that contribute to exchange rate fluctuations.
Relevant data will be collected and analysed using statistical/econometric techniques to come up with results. Finally, suggestions will be made to mitigate the risks associated with exchange rate volatility and to improve the performance of the stock market.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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It is always possible to identify all the causes of a problem completely. please select the best answer from the choices provided t f
It false that the causes of a problem can always possible to identify completely.
What is problem solving?This is when a means is device towards solving a difficult task. When a problem has been identified, the next step is to look for ways of solving such problems.
Hence, It false that the causes of a problem can always possible to identify completely.
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In post-trade equilibrium with = = $20, the wage of workers in relative to the wage of workers in will be equal to?
In post-trade equilibrium with Pc = Pw = $20, the wage of workers in relative to the wage of workers in will be equal to 2.5 .
What is post-trade equilibrium ?
When the production and consumption sectors of a closed economy are both in balance, the general equilibrium is determined. In the consumer sector, equilibrium occurs when the marginal rate of substitution of one item, say X, for another commodity, say Y, equals the price ratio of those two commodities (MRSxy = Px/Py). When the marginal rate of transformation between these two commodities equals their price ratio (MRTxy = Px/Py), the production sector can reach equilibrium.
MRSXy = MRTXy = PXPy
The consumption and production equilibrium conditions are not accidental in an open economic system, but international trade causes changes between production and demand in each trading nation. The value of exports becomes exactly equal to the value of imports in the final equilibrium problem.
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Complete Question :
In post-trade equilibrium with Pc = Pw = $20, the wage of workers in relative to the wage of workers in will be equal to?
Which website citation is written correctly in MLA style?
“CareerOneStop.” 2013. Web, May 18, 2013. US Department of Labor and the State of Minnesota.
“US Department of Labor and the State of Minnesota, 2013.” CareerOneStop. 18 May.
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
US Department of Labor and the State of Minnesota. “CareerOneStop.” Web, May 18, 2013.
Answer:
C. CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
Explanation:
Right On Edge, also just took the Quiz.
The website citation which is written correctly in MLA style is -
CareerOneStop. US Department of Labor and the State of Minnesota, 2013. Web. 18 May 2013.
What is a citation style?A citation style is a set of rules for citing sources in academic writing. To avoid plagiarism, you must always include a citation anytime you quote, paraphrase, or summarise a source. Different universities, academic groups, and publishers establish different styles, which are frequently published in an official handbook with detailed instructions and examples.
There are numerous citation styles, but they all follow one of three basic principles: parenthetical citations, numbered citations, or note citations.
MLA style is the Modern Language Association's official style, as stated in the MLA Handbook. (9th edition). It is commonly utilised in a variety of humanistic subjects. It's author-page rather than author-date, unlike most parenthetical citation styles.
Therefore, the third option is correct.
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Ben is a double major pursuing degrees in both Finance and Marketing. He is interested in obtaining a position as a personal financial advisor after graduation and is interning with a global financial services company. During his internship, he observes that the most successful advisors wear white shirts, dress very conservatively, and read The Wall Street Journal to stay up to date with the latest business and world news. Ben starts to read The Wall Street Journal too and modifies his dress and grooming style to be more like the representatives he admires. Ben is influenced by _______.
Answer:
A reference group
Explanation:
which of the four economic sectors includes education, the government, and scientific research?
The economic sector that includes education, the government, and scientific research is the tertiary sector, also known as the service sector.
The tertiary sector is one of the four economic sectors, along with the primary sector (which includes agriculture, mining, and other extractive industries), the secondary sector (which includes manufacturing and construction), and the quaternary sector (which includes information technology, research and development, and other knowledge-based industries). The tertiary sector is characterized by the production and delivery of services, rather than tangible goods. It includes a wide range of industries, such as education, healthcare, finance, transportation, hospitality, and public administration. The government, scientific research, and education are all examples of service industries that fall within the tertiary sector.
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How will taxation influence the circular flow model
Answer:
TMS
Explanation:
Taxes (T) imposed by the government reduced the flow of income.
Money paid to foreign companies for imports (M) also constitutes a leakage.
Savings (S) by businesses that would have been put to use are a decrease in the circular flow of an economy's income.
Strategic sourcing differs in tactical purchasing in what activities?
Strategic sourcing and tactical purchasing are two distinct approaches in procurement.
Strategic sourcing involves a systematic process of analyzing an organization's spend categories and identifying potential opportunities for cost reduction and value enhancement. This includes activities such as spend analysis, supplier market research, risk assessment, and supplier negotiation. The main objective is to develop and implement sourcing strategies that align with the organization's overall business goals, fostering collaboration and innovation with suppliers. In this approach, supplier performance management and continuous improvement are essential components.
On the other hand, tactical purchasing focuses on the operational aspects of procurement, such as requisition processing, order placement, and invoice management. It involves activities like expediting ordes, resolving discrepancies, and monitoring delivery schedules. The primary objective of tactical purchasing is to ensure that materials and services are acquired at the best possible price, quality, and lead time. While it is essential for meeting the day-to-day needs of an organization, it does not contribute directly to long-term value creation.
In summary, strategic sourcing is a proactive, long-term approach that aims to create value and minimize risks through supplier collaboration and optimization, while tactical purchasing is a reactive, short-term approach that primarily focuses on fulfilling immediate operational requirements.
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Next, 2 cases will be presented that must be analyzed and where you will use the
concepts of mixed melting point, purity, etc. This must be documented in the part of the
conclusion of the report.
Case #l: A student performs two melting point media on a product
crystalline. In a determination, the capillary tube contains a sample of
approximately 1 to 2 mm in height and the melting range is 141°C to 142°C. In the
another determination, the height of the sample is 4 to 5 mm, and the melting range is
found at 141°C - 145°C. Explain the wider range of observed melting point
for the second sample. The melting point reported in the literature for the compound
is 143°C.
me
Case #2: You have an unknown compound found to be 120°C - 122°C,
based on the physical characteristics it is suspected that the unknown could be acid
Benzoic or succinic anhydride. Mixed melting point test was performed
found that the temperature range was 121°C - 123°C. Indicate the necessary steps
to determine identity and cal could be the same (explain).
In Case #1, the wider melting point range in the second determination suggests the presence of impurities or a mixture of compounds.
In Case #2, the mixed melting point falls within the suspected compounds' range, requiring further tests and comparisons to determine the identity of the unknown compound.
In Case #1, the wider range of observed melting points in the second determination can be attributed to the presence of impurities or a mixture of compounds within the sample. This suggests that the second sample is less pure compared to the first sample and may contain other substances with lower or higher melting points.
In Case #2, the mixed melting point test result falls within the range of the suspected compounds, benzoic acid and succinic anhydride. To determine the identity of the unknown compound, further steps can be taken. First, a comparison of the physical properties of the unknown compound with the known properties of benzoic acid and succinic anhydride can be made.
This includes considerations such as solubility, odor, and appearance. Additionally, other tests like chemical reactions or spectroscopic analysis can be conducted to confirm the identity of the compound. The final identification should be based on a comprehensive evaluation of all the data obtained from various tests and comparisons, ensuring a reliable determination of the unknown compound.
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Which of the following is not an example of a type of factor of production? Land O Labor O Government O Capital
Government is not an example of a type of factor of production. Factors of production are the resources used in the production process, including land, labor, and capital.
While the government plays a crucial role in regulating and facilitating economic activities, it is not a resource or input directly involved in the production of goods and services. The government establishes the legal framework, enforces property rights, provides infrastructure, and offers public goods and services, but it is not considered a factor of production in and of itself. Land refers to natural resources, labor includes human effort and skills, and capital represents man-made tools, machinery, and infrastructure used in production. Government, on the other hand, is not a resource itself but rather a governing body that sets policies, regulations, and provides public services to facilitate and regulate economic activities. While government plays a crucial role in the economy, it is not considered a factor of production in the traditional sense.
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a. how many thousands of pounds of meat would you recommend that the government purchase to keep the price at $4 per pound?
A. The government should purchase 30 thousand pounds of meat. B. The government should budget $120,000 for this program.
a. To keep the price at $4 per pound, we need to determine the quantity demanded and the quantity supplied at that price point. Looking at the table, we can see that at a price of $4 per pound, the quantity demanded is 50 thousand pounds, and the quantity supplied is 80 thousand pounds. Therefore, there is an excess supply of 30 thousand pounds (80 - 50 = 30).
To maintain the price at $4 per pound, the government should purchase the excess supply of 30 thousand pounds. This would help balance the market and prevent the price from falling below the desired level.
b. To calculate the amount of money the government should budget for this program, we multiply the quantity of meat to be purchased (30 thousand pounds) by the price per pound ($4).
Budget = Quantity to be purchased × Price per pound
Budget = 30,000 × $4 = $120,000
The government should budget $120,000 for this program to buy the excess meat and maintain the price at $4 per pound.
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Complete question:
The traditional diet of the citizens of the nation of Ironia includes a lot of red meat, and ranchers make up a vital part of Ironia's economy. The government of Ironia decides to support its ranchers through a price floor, which it will maintain by buying up excess meat supplies. The table below shows the supply and demand schedule for red meat; quantities are given in thousands of pounds. Price Quantity demanded (thousands of pounds) (thousands of pounds) Quantity supplied 20 35 50 65 80 80 70 60 50 40 30 Instructions: Round your answers to the nearest whole number. a. How many thousands of pounds of meat would you recommend that the government purchase keep the price at $4 per pound? thousand pounds. b. How much money should the government budget for this program?
The
management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new
machinery that would double the production. In the given scenario, the management is in the process of planning the
of the company
operating budget
Ofinancial budget
Omarketing budget
Ostatic budget
Answer: operating budget
Explanation:
In the given scenario in the question, we can deduce that the management is in the process of planning the operating budget of the company.
The operating budget simply refers to the money that's needed by the company for it to run efficiently. It is made up of the manufacturing costs, sales budget, selling expenses, and the administrative expenses.
In Exhibit 8-15, suppose the market price of mowing lawns falls to $10 per lawn. In this situation, E-Z-Care will: a.permanently exit the industry. b.shut down its operations, at least in the short run. c.earn a normal profit. d.continue to mow lawns in the short run despite its economic losses.
Based on Exhibit 8-15, we know that E-Z-Care's average variable cost of mowing a lawn is $12. Therefore, if the market price of mowing lawns falls to $10 per lawn, E-Z-Care will not be able to cover its variable costs, let alone its fixed costs. This means that E-Z-Care will experience economic losses in the short run. Option D.
However, since E-Z-Care is a rational profit-maximizing firm, it will continue to operate in the short run as long as it can cover its variable costs. Therefore, the correct answer is d. E-Z-Care will continue to mow lawns in the short run despite its economic losses.
Based on your question and the given options, if the market price of mowing lawns falls to $10 per lawn, E-Z-Care will:
b. shut down its operations, at least in the short run.
When the price falls below the minimum average variable cost, a firm would decide to shut down its operations temporarily to minimize its losses. In the short run, the company will not be able to cover its variable costs, and therefore, shutting down helps to avoid further financial losses. However, this does not mean the firm will permanently exit the industry, as it could resume operations if market conditions improve in the future. Option D.
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W.C. Cycling had $55,000 in cash at year-end 2007 and $25,000 in cash at year-end 2008. Cash flow from long-term investing activities totaled _$250,000, and cash flow from financing activities totaled $170,000. Required: a) What was the cash flow from operating activities? b) If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm's net income?
Answer:
a) 50,000
b) 115,000
Explanation:
Cash flow from operating activities and Net Income can be calculated as follows
DATA
Opening cash balance = $55,000
Closing cash balance = $25,000
Long term investing activities = $250,000
Cashflow from financing activities = $170,000
Requirement A: Cash flow from operating activities
$
Investment 250,000
Less:
Cash flow from financing activities (170,000)
Opening Cash balance (55,000)
Add:
Closing cash balance 25,000
Operating cash flows 50,000
Requirement B: Net Income
Operating cash flows 50,000
Add:
Increase in receivables and inventory 100,000
Less:
Increase in accruals 25,000
Depreciation 10,000
Net Income 115,000
Which scenario best demonstrates how standards of excellence affect team performance?a)Prior to a team meeting, Ivy distributes an agenda that describes what will be discussed at the meeting.b)Marcus knows that although internal dates for his project can be rescheduled by a few days, the last date must be met.c)Claire decides not to question the proposed solution for a problem because she doesn’t want to "rock the boat."d)On an employee survey, Gabe reports that the best thing about his job is his coworkers.
The scenario that best demonstrates how standards of excellence affect team performance is b) Marcus knows that although internal dates for his project can be rescheduled by a few days, the last date must be met.
This scenario shows that Marcus understands the importance of meeting deadlines and that he holds himself and his team accountable to those standards of excellence. This type of mindset and behavior can positively influence the team's performance by promoting a culture of responsibility, accountability, and quality work.
In this scenario, Marcus is aware of the importance of meeting deadlines and maintaining high standards of excellence in his team's performance. By ensuring that the final deadline is met, Marcus and his team demonstrate their commitment to delivering high-quality work on time. This adherence to excellence positively impacts the team's overall performance.
So, the correct answer is option b. Marcus knows that although internal dates for his project can be rescheduled by a few days, the last date must be met.
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What are the similarities and differences in the purchasing
functions at a for profit versus a not for profit organization?
Explanation:
I hope this answer is helpful ):Controlling the materials price variance is usually the responsibility of: A. The purchasing agent.B. The marketing director C. The production supervisor. D. The cost accountant.
Out of the alternatives given above, it may be ascertained that the purchasing manager or agent is responsible for controlling the materials price variance within the organization. Therefore, the option A holds true.
The purchasing manager of an organization can be referred to or considered as the personnel who are responsible for fulfilling all the managerial duties and functions related to the price and production of the goods being produced within an organization. They usually work in close coordination with the production managers.
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