ABC develops a regression model to forecast the movement in the Yen because a substantial portion of its business involves inflows and outflows in Yen. The estimated model for the percentage change in the Yen (et) is given as follows:
et = 0.004 - 0.8 lxfNTt + 0.6 INFt-1 + u where INT = Relative interest rate INF = Relative inflation rate
(a) Explain the appropriateness or otherwise of the sign of the coefficients of the explanatory variables in the estimated model.
(b)Briefly discuss the observed impact of the interest rate variable.
(c)Suppose a probability distribution was estimated for INF as follows:
Outcome -3% - 4% - 5%
Probability 10% 55% 35%
Determine the expected percentage change in the value of the Yen, [E (et)], given that INFt-1 is 2%.
Answers
Therefore, the expected percentage change in the value of the Yen is -119.6%
(a) Appropriateness or otherwise of the sign of the coefficients of the explanatory variables in the estimated modelThe coefficient of the interest rate variable (INT) is negative while that of the inflation rate variable (INF) is positive.
This implies that when the relative interest rate increases (INT rises), the Yen’s percentage change falls (et decreases). Thus, the sign of the coefficient of INT is appropriate.The coefficient of the inflation rate variable (INF) is positive. This implies that when the relative inflation rate rises (INF increases), the Yen’s percentage change increases (et rises). Thus, the sign of the coefficient of INF is appropriate.(b) Observed impact of the interest rate variableA 1% increase in INT is associated with a fall of 0.8% in et. Thus, the impact of the interest rate variable on the percentage change in the Yen is negative.(c) Expected percentage change in the value of the YenGiven that INFt-1 is 2%, the expected percentage change in the value of the Yen [E (et)] is obtained as follows:E (et) = 0.004 - 0.8 × 2 + 0.6 × [(0.1 × (-3)) + (0.55 × (-4)) + (0.35 × (-5))]E (et) = 0.004 - 1.6 - 0.6E (et) = -1.196 or -119.6% (rounded to 1 decimal place)Therefore, the expected percentage change in the value of the Yen is -119.6%.
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Related Questions
Why are publicly traded companies only required to file annual and quarterly reports with the security and exchange?.
Answers
This is done in order for equities analysts and the general investing public to assess a company's financial performance and potential.
Companies must submit quarterly and annual reports to the SEC every year.
What Is the Securities and Exchange Commission (SEC)?
Commission (SEC) is an independent federal government regulatory organisation tasked with fostering capital formation, preserving the fair and orderly operation of the securities markets, and safeguarding investors. As the initial government regulator of the securities markets, it was established by Congress in 1934. The SEC supports complete public disclosure, defends investors from dishonest and market-manipulating actions, and keeps an eye on corporate takeover activities in the country. Additionally, it approves registration forms for bookrunners among underwriting companies. In general, securities offerings made in interstate commerce, via mail, or online must be registered with the SEC prior to being sold to investors. Companies that provide financial services, such as asset managers, advisory firms, and broker-dealers, as well as their professional representatives.To know more about Security and Exchange visit:
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If the standard deviation of weekly demand is 200 and the desired cycle-service level is 96%, what should the safety stock equal?
Answers
The safety stock should equal 494 (rounded up to the nearest whole number) to achieve a 96% cycle-service level with a standard deviation of 200 and a lead time of 2 weeks.
To determine the safety stock, we can use the formula:
Safety stock = z-score * standard deviation * square root of lead time
First, we need to find the z-score associated with a 96% cycle-service level. Using a standard normal distribution table or calculator, we can find that the z-score is 1.75.
Next, we need to know the lead time for this item. Assuming a constant lead time, we can use historical data or estimates to determine the average lead time. Let's say the average lead time is 2 weeks.
Now we can plug in the values:
Safety stock = 1.75 * 200 * sqrt(2)
Safety stock = 1.75 * 200 * 1.414
Safety stock = 493.5
Therefore, the safety stock should equal 494 (rounded up to the nearest whole number) to achieve a 96% cycle-service level with a standard deviation of 200 and a lead time of 2 weeks.
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Taylor waves his finger to tell his son not to pick the chewed gum off the ground. What is he doing? a.repeating b.substituting c.complementing d.regulating
Answers
Taylor waving his finger to tell his son not to pick the chewed gum off the ground is an example of regulating.
Regulating refers to the act of controlling, directing, or managing a situation or behavior. In this scenario, Taylor is using his finger-waving gesture as a form of non-verbal communication to regulate his son's behavior. By waving his finger, Taylor is sending a signal or command to his son to discourage him from picking up the chewed gum. This action helps establish boundaries, rules, or guidelines for his son's behavior, thereby regulating or controlling the situation.
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neither tom ________ manny has emailed the document to jerusha.
Answers
Neither tom nor manny has emailed the document to jerusha.
What is email?Email contains information or message that is sent electronically.
Neither agrees with nor in a sentence as they both act as conjugate and this means neither of the two emailed Jerusha.
Therefore, Neither tom nor manny has emailed the document to jerusha.
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For all the women out there, what do y'all like a men to do for you for your birthday?
Just wondering because it's my girls birthday today and I what to surprise her with something good. Help me please.
Answers
Answer:
I'd like gifts or just spending more time with my partner, foods fine
Explanation:
Girls don't expect much and if you are willing to spend time and give a small gift, that's all
All of the following statements are true concerning nicotine and weight control EXCEPT:
Answers
All of the following statements are true concerning nicotine and weight control except carrying extra weight is more dangerous than smoking.
How nicotine is harmful to health?Nicotine is a toxic and very addicting substance. It may result in an increase in heart rate, blood flow to the heart, blood pressure, and artery constriction (vessels that carry blood). In addition to contributing to artery wall hardening, nicotine may also increase the risk of a heart attack.
Depending on how frequently you smoke, this substance can linger in your body for six to eight hours. There are certain withdrawal adverse effects as there are with the majority of addictive drugs. Additionally, some modern tobacco products and e-cigarettes contain even more nicotine than regular cigarettes.
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True or false is April 15th is an important date for people who have a job.
Answers
Answer:
true
Explanation:
its Tax Day so they are very busy
The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answers
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
Erin, the tech has noticed a lot of company internal passwords getting misused in some fashion. She suspects someone inside the company is stealing passwords. What technique could be used to accomplish this action
Answers
Stealing passwords is a serious security breach that can compromise the confidentiality and integrity of a company's data. Erin, the tech, suspects that someone inside the company is stealing passwords, which could be done using various techniques. One common technique is phishing.
Phishing, where an attacker sends an email or message that appears to be from a trustworthy source, such as a company or a colleague, asking the recipient to provide their password. Another technique is social engineering, where an attacker manipulates people into revealing their passwords by tricking or deceiving them.
To prevent password stealing, companies can implement several measures. They can educate their employees on the risks of sharing passwords and teach them how to identify phishing attempts and other forms of social engineering. They can also enforce password policies that require employees to create strong, unique passwords and change them frequently. Additionally, companies can use multifactor authentication, which requires users to provide additional information, such as a code sent to their phone or a biometric scan, in addition to their password.
Overall, stealing passwords is a serious threat that can have severe consequences. Companies must take proactive measures to protect their data and prevent unauthorized access. By educating employees, enforcing password policies, and implementing multifactor authentication, companies can reduce the risk of password stealing and improve their overall security posture.
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Kruger Heavy Machine Inc. has an opening cash balance of $2,000. During the year, it purchased raw materials worth $5,000, sold goods worth $10,000, and paid office rent of $4,000. What is the company’s closing cash balance that it will carry forward into the next year?
A.
$9,000
B.
$3,000
C.
$7,000
D.
$6,000
Answers
Answer:
the answer is B. $3,000
Explanation:
basically you do
2000-5000= -3000
-3000+10,000=7000
7000-4000=3000
an agency can end without any action by the principal or the agent through: a.termination through action. b.termination by decision of law. c.termination by operation of law. d.termination through inaction.
Answers
An agency can end without any action by the principal or the agent through termination by a decision of the law.
Abstract. A sense of agency refers to a sense of control over actions and their consequences. Career choice. Groups entering a social movement. Mate selection (also called affective individualism). Choice of dessert from the menu.
Agency is the sense of control you feel in your life, your ability to influence your own thoughts and behaviors, and confidence in your ability to handle a wide range of tasks and situations. Your sense of agency helps you to be psychologically stable, yet flexible in the face of conflict or change.
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Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answers
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
The federal reserve can affect you through
Answers
As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.
journalize the following transactions in the accounts of canyon river medical co., a medical equipment company that uses the direct write-off method of accounting for uncollectible receivables:
Answers
The direct write-off method of accounting for uncollectible receivables is where a company waits for a customer's account to become uncollectible and then writes it off as an expense.
The journal entries for the following transactions in the accounts of Canyon River Medical Co. are as follows:
January 12: Sold medical equipment to Anderson Hospital for $25,000 on account.
Accounts receivable (Anderson Hospital) $25,000Sales revenue $25,000
January 17: Provided services to Billings Clinic for $12,000, which was paid immediately.
Cash $12,000Service revenue $12,000
January 22: Sold medical equipment to St. Luke's Hospital for $35,000 on account.
Accounts receivable (St. Luke's Hospital) $35,000Sales revenue $35,000
February 3: Determined that the account of Anderson Hospital is uncollectible and wrote it off as bad debt.
Expense for bad debt $25,000Accounts receivable (Anderson Hospital) $25,000
February 5: Sold medical equipment to Billings Clinic for $20,000 on account.
Accounts receivable (Billings Clinic) $20,000 Sales revenue $20,000
March 8: Billings Clinic account was written off as uncollectible, $12,000.
Expense for bad debt $12,000
Accounts receivable (Billings Clinic) $12,000
March 15: Received payment in full from St. Luke's Hospital.
Accounts receivable (St. Luke's Hospital) $35,000Cash $35,000
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Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
Answers
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
larissa thomas has a $2,800 overdue debt for medical books and supplies at joe's bookstore. she has only $900 in her checking account and doesn't want her parents to know about this debt. joe's tells her that she may settle the account in one of two ways since she can't pay it all now: 1. pay $900 now and $2,300 when she completes her residency, 2 years from today. 2. pay $3,700 one year after completion of residency, 3 years from today. assuming that the cost of money is the only factor in larissa's decision and that the cost of money to her is 8%, which alternative should she choose?
Answers
She should chose alternative 1 assuming that the cost of money is the only factor in larissa's decision and that the cost of money to her is 8%.
Price of money = 8%
alternative 1:
Pay $450 now and $1,020 while she completes her residency, 3 years from nowadays.
present cost of $1 acquired after 3 years from nowadays when price of cash is 7% = zero.81630
gift price of alternative 1 = $450 + $1,020 * zero.81630 = $1,282.626
alternative 2:
Pay $2,600 one year after she completes her residency, 4 years from nowadays.
gift value of $1 received after 4 years from nowadays whilst value of cash is 7% = 0.76290
gift price of alternative 1 = $2,600 * zero.76290 = $1,983.540
As alternative 1 is lesser in phrases of gift cost, she ought to pick out alternative 1
The cost of money refers back to the rate paid for the use of the money, whether or not borrowed or owned. each amount of money used by agencies bears value. The interest paid on debt capital and the dividends paid on ownership capital are examples of the fee of cash.
A lower cost of funds approach a bank will see higher returns while the funds are used for loans to debtors. consumers typically have to pay greater in interest when the value of price range is better.
Money cost is the cost of acquiring a great or provider with to be had cash. when you visit the shop and buy a shirt, the price tag presentations the cash price.
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If a person wants to work from home in the Business, Management and Administrative careers, what is required?
a cubicle to keep the person on task
a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers
Answers
Answer:
C. proper technology to keep the person connected
Explanation:
Answer:
C
Explanation:
Edge 2021
Your firm needs to borrow $1. 0 million for one year. The firm has no other short term borrowings and it's combined state and federal tax rate is 25%. Your banker offers several lending alternatives. Which one will you choose? Select one: a. 5. 50% discount interest with a 15. 00% compensating balance b. 7. 00% simple interest c. 5. 75% simple interest with a 20. 00% compensating balance d. 7. 25% discount interest
Answers
It is important to carefully evaluate the different lending options by considering the interest rates, compensating balance requirements, and the firm's needs for funds.
If the firm needs to borrow $1.0 million for one year, we need to evaluate the different lending alternatives provided by the banker. Let's analyze each option:
a. 5.50% discount interest with a 15.00% compensating balance: This means that the firm would receive a $1.0 million loan, but it would have to keep a compensating balance of 15.00% of the loan amount, which is $150,000. Additionally, the firm would receive a discount on the interest rate, resulting in an effective interest rate lower than 5.50%.
b. 7.00% simple interest: This option offers a straightforward interest rate of 7.00% with no additional requirements or discounts.
c. 5.75% simple interest with a 20.00% compensating balance: This alternative is similar to option a, but the compensating balance requirement is higher at 20.00%. This means the firm would need to keep $200,000 as a compensating balance.
d. 7.25% discount interest: This option provides a discount on the interest rate, similar to option a, but without a compensating balance requirement.
To make an informed decision, we need to consider the cost of the loan and the benefits of the compensating balance. The cost of the loan is the interest paid, and the benefits of the compensating balance include the ability to use the funds in the account for other purposes.
Option a has a lower interest rate, but it requires a 15.00% compensating balance. This means that $150,000 would be unavailable for other purposes. Option c has a higher compensating balance requirement of 20.00%, meaning $200,000 would be tied up.
If the firm doesn't need the funds in the compensating balance for other purposes, option a with a 5.50% discount interest and a 15.00% compensating balance may be the most cost-effective choice. However, if the firm needs the funds in the compensating balance for other uses, option b with a simple interest rate of 7.00% may be more suitable.
It is important to carefully evaluate the different lending options by considering the interest rates, compensating balance requirements, and the firm's needs for funds. By assessing the costs and benefits of each option, the firm can make an informed decision that aligns with its financial goals and objectives.
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Callahan, inc. , sells a forward on ounces of gold to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory. The forward represents a perfect cash flow hedge. When callahan settles the forward, it pays $100,000 to the counterparty. Required: what journal entry(ies) should callahan make prior to and at the settlement date?
Answers
Prior to the settlement date, Callahan Inc. should record the fair value of the forward contract as a journal entry, and at the settlement date, they should record the settlement by debiting the Gold Receivable and crediting Cash.
At the settlement date, Callahan Inc. should make the following journal entry to record the settlement of the forward contract:
Dr. Gold Receivable (or Forward Contract Asset) $100,000
Cr. Cash $100,000
The net effect of these journal entries is to record the fair value of the forward contract prior to settlement and then to recognize the cash settlement when it occurs.
By doing so, Callahan Inc. is able to remove uncertainty regarding the revenue it will recognize when it sells its gold inventory, as the gain or loss on the forward contract will offset any changes in the fair value of the gold inventory.
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what is business?????????????
Answers
A business is defined as an organisation or enterprising entity engaged in commercial, industrial,or professional activities.
Which best explains why producers choose to specialize? choose two answers. to increase competition to gain a comparative advantage to decrease the amount of goods produced to maintain market share to increase efficiency
Answers
The reasons why producers choose to specialize are:
to gain a comparative advantageto increase efficiency.What is specialization?Specialization is when a producer concentrates on the production of some particular goods and services.
Advantages of specialisation
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Answer:
B and E
to gain a comparative advantage
to increase efficiency
Explanation:
EDGE
Firms that primarily sell products view service as a method to maintain a sustainable competitive advantage.
True
False
Answers
True. Firms that primarily sell products often view service as a way to maintain a sustainable competitive advantage. In many industries, products alone may not be enough to differentiate a company from its competitors.
Therefore, companies often look to differentiate themselves through the quality of their customer service, which can include aspects such as speed of delivery, ease of returns, and responsiveness to customer inquiries. By providing exceptional service, companies can build customer loyalty and increase customer retention, which can ultimately lead to higher profits and a sustainable competitive advantage over time. Reputation: Companies with a reputation for excellent service are often more attractive to customers and can command a premium price for their products. Positive word-of-mouth and online reviews can also help to attract new customers and build a strong brand image. Increased sales: Providing exceptional service can lead to repeat business and can also encourage customers to purchase additional products or services from the same company. By cross-selling or upselling, companies can increase their revenue and profitability. Reduced costs: Good service can also help to reduce costs associated with returns, complaints, and other customer issues. By addressing problems quickly and effectively, companies can prevent negative experiences from escalating and reduce the need for expensive fixes or refunds.
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A master budget ________. A. is only prepared for manufacturers as they are the only type of company with material purchases and work−in−process accounts. B. improves companies' market capitalization and evolves from both the investing and financing decisions C. is another name given to the financial budget D. is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions
Answers
Answer:
D. is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions.
Explanation:
tatus
xam
Unit 10 Exam
Protein Shake 12 Pack
Box
Dimensions
9.5 in.
6 h.
7 in.
Height
Width
Depth
Copyright © 2003-2023 International Academy of Science. All Rights Reserved.
Each bottle in this package is 6
inches tall and 1.5 inches wide.
How much space is left
between each side of the box
and the bottles if the bottles
are packed 4 deep and are
centered within the depth of
the box?
A. 0.5 inches
B. 1.5 inches
C. O inches
D. 1 inch
2
Answers
Answer: C.
Explanation:
Hope This Helps.
robotic welding MIG
- types of equipment
- brand and model equipment
- capabilities of equipment
Answers
Robotic welding MIG equipment can vary based on brand, model, and capabilities.
Here are some examples of types of equipment, brand and model equipment, and capabilities of equipment for robotic welding MIG:
Types of equipment: There are many types of robotic welding MIG equipment, including: six-axis robots, gantry systems, and robotic cells.
Brands and model equipment: Some of the most popular brands and models of robotic welding MIG equipment include: Fanuc ArcMate, ABB FlexArc, and Kuka KR AGILUS.
Capabilities of equipment: Robotic welding MIG equipment is capable of many things, including: high-quality welds, increased production speed, increased accuracy and repeatability, and reduced labor costs. Some equipment is also capable of welding a wide range of materials, such as aluminum and stainless steel. Additionally, many robotic welding MIG systems are equipped with sensors that allow them to detect inconsistencies in the welding process, such as changes in the thickness of the material or deviations in the welding path and make real-time adjustments to compensate for these changes.
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Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 5% increase. Andrews’s product Alan currently has an awareness level of 77% . While an important product for Andrews, Alan’s promotion budget will be reduced to one million dollars for the upcoming year. Assuming that Alan loses one-third of its awareness each year, what will Alan’s awareness level be next year?
Answers
Axe's awareness level next year will be approximately 79.33%.
To calculate the awareness level for the next year, we can start with Axe's current awareness level of 80% and subtract one-third of that value (80% / 3 = 26.67%). This reduction represents the loss in awareness due to the passing of time.
Next, we add the 26% increase resulting from the first million dollars of the promotional budget. Adding 26% to the adjusted awareness level gives us the new awareness level for Axe next year.
Let's calculate:
Current awareness level = 80%
Loss in awareness = 80% / 3 = 26.67%
Increase from the first million dollars = 26%
Adjusted awareness level = Current awareness level - Loss in awareness
= 80% - 26.67%
= 53.33%
New awareness level = Adjusted awareness level + Increase from the first million dollars
= 53.33% + 26%
= 79.33%
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Complete Question:
Brand managers know that increasing promotional budgets eventually result in diminishing returns. The first one million dollars typically results in a 26% increase in awareness, while the second million results in adding another 18% and the third million in a 5% increase. Andrews's product Axe currently has an awareness level of 80% . While an important product for Andrews, Axe's promotion budget will be reduced to one million dollars for the upcoming year. Assuming that Axe loses one-third of its awareness each year, what will Axe's awareness level be next year?
The __________ occurs when unit cost drops as the quantity sold increases.
a. slotting allowance benefit
b. price fixing return
c. improvement value effect
d. experience curve effect
e. cumulative bundling benefit
Answers
The experience curve effect occurs when unit cost drops as the quantity sold increases.
The Boston Consulting Group introduced the notion of the Experience Curve, which says that there is a continuous link between a company's cumulative output quantity and the cost of production. The experience curve assumes that the more one do something, the easier & better it becomes. In other words, more the "experience" you have in producing a product, more faster and less expensive it is to produce.
According to research, when the cumulative amount of units of a product increases (cumulative implies the total number of units produced from the company's inception), the cost of manufacturing a unit decreases at a predictable pace. A corporation that reaps the benefits of an experience curve has a number of advantages over it's own competitors. As the company expands and decreases its unit manufacturing costs, it will earn a larger market share over its competitors. It implies it will have a larger share of the market, boosting its profit potential.
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Journal entry for purchased goods from ABC Co. for Rs. 11,000.
Answers
Answer:
purchase A/c. Dr. Rs.11,000
To ABC CO.A/c. Rs.11,000
(being goods purchased in cash)
The career cluster which provides security and protection for the public is___.
A.Law, Public Safety Corrections, and Security.
B.Hospitality and Tourism.
C.Human Services.
D.Information Technology
Answers
Answer:
A.Law, Public Safety Corrections, and Security.
Explanation:
Officers in the Law, Public Safety Corrections, and Security cluster protect properties and citizens' lives. Job titles in this cluster include police officers, security guards, lawyers, correctional officers, and legal assistants.
Works in this cluster revolve around jails, police stations, courts, correctional facilities, and public places where people require security and protection.