To calculate the required production for the company, we need to consider the desired ending inventory, opening inventory, and the expected sales for the quarter.
The formula to calculate the required production is:
Required Production = Expected Sales + Desired Ending Inventory - Opening Inventory
Given the following information:
Expected Sales in Quarter 4 = 8,000 units
Desired Ending Inventory = 1,000 units
Opening Inventory = 500 units
Using the formula, we can calculate the required production:
Required Production = 8,000 units + 1,000 units - 500 units
= 8,500 units
Therefore, the company would need to produce 8,500 units in order to meet the expected sales, maintain the desired ending inventory, and account for the opening inventory.
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Why is it important to conduct market research on your target audience before building your marketing plan
Management at work you are the proud owner of a small vintage clothing store. your store, fantastic 40s, specializes in clothing from the 1940s. you have four great employees, rebecca, rachel, roberto, and rafael. at first, business was good, but, recently, you have noticed that sales are slipping. puzzled, you turn to your management textbook for some ideas on how to turn things around.
Answer:
You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you ask two of your sales clerks if they would be willing to work part-time during those months. Management Science.
Management science refers solving problems and making decisions in a company in order to move it forward. By preferring solutions to the problem of slow sales over some months, you have engaged in management science.
You make sure that when you hire new people, you get input from each of the existing team members. if they're happy with the new hire, they're more likely to make that person part of the team, and the team will sell more. Humanistic Management Theory.
With Humanistic Management, the needs, wants and thoughts of employees are taken into account when making decisions because employees are not viewed as simple assets to the company but as humans who are complex. By finding out what your employees think of a new hire you are engaging in the Humanistic theory.
You notice that when customers have too many choices, they are less likely to make a decision about what to buy, so you tell all of your employees to bring out only three things at one time. In addition, you start to pay your employees a commission for every item they sell. Classical Management theory.
Classical management is based on certain premises such as the needs of employees being either physical or economic as well as profit maximization. By offering commissions as incentives you are appealing to the economic need of your employees. By engaging in practices aimed at getting people to buy more, you are engaging in profit maximization.
A customer survey shows that the men who come into the store would prefer to be left alone while they shop, but the women who come into the store want to be asked if they need assistance. you tell your employees to leave men alone and ask women if they want help. Contingency Theory.
Contingent Theory shows that for each situation in a company, it is best to manage it based on the internal and external factors affecting it. In this case men don't need help but women prefer it. Offer help to women but not to men. You are therefore basing actions on the factors affecting this situation.
1. Marketing research has three functional roles. These roles are _____.
2. __________ is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.
Answer:
1. Descriptive research , Diagnostic research, Predictive research
2. Marketing research
Explanation:
Marketing research has three functional roles. These roles are- diagnostic roles, descriptive roles, and predictive roles. Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.
The descriptive role refers to collecting the required facts and figures for the market. Diagnostic roles include the study of market trends and the diagnosis of the factor influencing the market. The predictive role refers to predicting the future of the currently applied strategies in the market.
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According to the video, what are some qualities Clergy need? Check all that apply. knowledge of office technology able to speak multiple languages able to inspire confidence sensitive to the needs of others awareness of medical treatments
Answer:
It's C and D
Explanation:
It's correct on Edge! :3
Answer:
C and D are correct
Explanation:
All of the following our services that are available at banks except.....
Automatic bill payment
ATM
Tax accounts
Money orders
Overdraft protection
Debit card
Travelers checks
Online banking
is it money order.i am confused
Which of these measurements could be the measurements for a D size drawing
Calculate the scale factor and the missing measurements using the original figure's measurements and the scale drawing. the scale is.
Which of these measures could be used to create a drawing that is D size?D-size paper is available in two different sizes: 22" x 34" for engineering drawings and 24" x 36" for architectural designs (or 609.6 x 914.4 millimeters) (or 558.8 x 863.6 millimeters). Of course, there are several sizes of drawing paper.
When redecorating or looking for that one piece of furniture to fill a void, floor plans that have been scaled are the ideal guidance. Drawing your room out to scale will help you better visualize your design ideas if you're having trouble doing so.give you a cool blueprint, please. A pencil, paper, and a tape measure are all you need to get started on creating an accurate drawing.
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The complete question is:
Which of these measurements could be the measurements for a D size drawing?
Explain how the boss at the company in the following scenario could have delegated the tasks more appropriately : Samuel and Martha work at the same agricultural consultation company . Samuel works in agricultural quality control, while Martha is an agricultural logistics specialist . A new boss delegated Martha to negotiate a financial deal with a farm and then create a strategy for the farm.
Answer:
Should have had Martha negotiate the logistics of the financial deal then have Samuel come up with the strategy plan
Explanation:
Samuel is quality control so he would know how to come up with a plan to best fit customer and company need assuring that both parties get the most out of the exchange and or business agreement
From the consumer’s perspective, the elements of an imc strategy can be viewed as being either.
From the consumer’s perspective, the elements of an IMC strategy can be viewed as being either Passive or interactive .
What are the elements of IMC?
the elements of an imc strategy can be viewed as being either.
6 Elements of Integrated Marketing Communications
Advertising: Advertisement is any paid form of non personal communication about a brand, organization, product, service or idea identified by a sponsor. ...Sales Promotion: ...Personal Selling: ...Direct Marketing: ...Public Relations: ...Internet MarketingWhat are the strategies of IMC?
The usual steps carried out in an IMC strategy include:
Traditional and online earned media.Advertising.Online marketing including email marketing.Content marketing and social media marketing.Thought leadership.Industry/Brand specific strategies.Learn more about IMC Strategies :
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Give an example of where you would use a credit card versus a debit card. List the pros and cons of each for this purchase you are thinking of. Describe why you would use one form of payment versus the other?
Answer:
Credit Cards vs. Debit CardsCredit cards and debit cards typically look almost identical, with 16-digit card numbers, expiration dates, and magnetic strips, and EMV chips.1 Both can make it easy and convenient to make purchases in stores or online, with one key difference. Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit cards allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.
Explanation:
Pros of Using Credit CardsCredit cards can offer certain advantages over debit cards, though they can also have some downsides. Here’s a closer look at the pros and cons of spending with credit cards.
Build credit historyWarranty and purchase protectionsFraud protectionCons of Using Credit CardsThe main drawbacks of using credit cards involve debt, credit score impacts, and cost.
Spending can lead to debtCredit score impactsInterest and feesPros of Using Debit CardsDebit cards can have both upsides and downsides, just like credit cards.
Avoid debtFraud protectionsNo annual feeCons of Using Debit CardsSimilar to credit cards, the biggest downsides of using debit cards involve credit score impacts and cost.
No rewardsWon’t build creditFeesThe comparison of actual outcomes with desired outcomes is an example of a(n):
a. static activity
b. control activity
c. operating activity
d. planning activity
The comparison of actual outcomes with desired outcomes is an example of a control activity.
Control activities involve monitoring and assessing the performance of a system or process to ensure that it meets the desired outcomes. A control activity involves monitoring performance and comparing it against established standards or desired outcomes, which allows for adjustments and improvements to be made when necessary. This involves comparing actual results with the expected or desired results, and taking corrective action if necessary. Control activities are an important component of effective management and help organizations to achieve their goals and objectives. In contrast, planning activities involve setting goals, identifying resources and strategies, and developing plans to achieve those goals. Operating activities involve carrying out the plans and strategies that have been developed through the planning process. Finally, static activities refer to tasks that do not change or adapt to changing circumstances.
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can someone help me with this please.
Answer:
sure
Explanation:
no image
While developing a new product, in the product development stage, the first versions of products are used in further consumer testing. These first versions of products are called
In the product development stage, the first versions of products that are used while developing a new product and in further consumer testing are called: prototypes.
A product life cycle can be defined as the stages (phases) that a particular product goes through, typically from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) main stages in the product-life cycle;
Introduction.Growth.Maturity.Decline.A prototype can be defined as the the first versions of products that are manufacture and used while developing a new product and in further consumer testing.
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Explanation + Graph
Using the IS-LM model curve, if investment is sensitive to interest rates and money demand is not responsive to interest rates. Monetary policy is more effective than fiscal policy. Right or wrong? Prove it.
The statement Monetary policy is more effective than fiscal policy when investment is sensitive to interest rates and money demand is not responsive to interest rates is true This can be proved with the help of the IS-LM model curve. The IS-LM model is a macroeconomic model that shows the relationship between interest rates and output in the economy.
The IS curve represents the relationship between interest rates and investment, while the LM curve represents the relationship between interest rates and money demand. The intersection of these two curves represents the equilibrium point of the economy.
The IS curve slopes downwards from left to right because when interest rates are high, the cost of borrowing increases, which reduces investment. On the other hand, the LM curve slopes upwards from left to right because when interest rates are high, the opportunity cost of holding money increases, which reduces money demand.
When investment is sensitive to interest rates, the IS curve is steep, and when money demand is not responsive to interest rates, the LM curve is flat. This means that monetary policy can be more effective than fiscal policy because changes in the money supply can have a significant impact on interest rates, which can in turn affect investment.
For example, if the central bank increases the money supply, interest rates will fall, which will encourage more investment. On the other hand, fiscal policy, such as government spending or taxation, may not have as much of an impact on interest rates and investment in this scenario.
In conclusion, when investment is sensitive to interest rates and money demand is not responsive to interest rates, monetary policy is more effective than fiscal policy. This can be seen in the IS-LM model curve, where changes in the money supply can have a significant impact on interest rates, which in turn affects investment.
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an accountant is unable to complete a compilation engagement for a nonissuer because management has not provided the necessary information. as a result, the accountant should
An accountant is not able to finish a compilation engagement for a nonissuer because control has now not supplied the vital statistics. as a result, the accountant should withdraw from the engagement.
A compilation engagement is a sort of engagement in which a company engages an out of doors accountant to prepare and gift economic statements. It is not designed to express an opinion or provide a warranty regarding the records contained within the monetary declaration.
A compilation engagement is a mandate through which an authorized public accountant collects the statistics supplied thru the control of the business enterprise and offers it inside the shape of financial statements.
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The legal authority to set accounting standards lies with the.
The legal authority to set accounting standards lies with the Securities and Exchange Commission (SEC).
Accounting standards are a set of guidelines, procedures, and rules that businesses and accountants must follow while reporting and preparing financial statements. Accounting standards aid in maintaining financial transparency and consistency across firms and nations, making it easier to compare and comprehend financial reports. Accounting standards have been divided into two types: international and national.
The purpose of accounting standards is to ensure that financial statements are reliable, transparent, and fair to all stakeholders. They aid in the creation of accurate, consistent, and transparent financial information, which is used by investors, stakeholders, and analysts to make better decisions. Accounting standards make it easier to compare financial statements across companies, time periods, and jurisdictions. They serve as a means of financial communication, ensuring that all stakeholders have a clear understanding of a company's financial performance and position.
Accounting standards that are set in a country or region are established by their regulatory authorities. The legal authority to set accounting standards lies with the Securities and Exchange Commission (SEC) in the United States. The Financial Accounting Standards Board (FASB) is the SEC's standard-setting body.
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explain the method of bookkeeping ?
Lack of downtime negative or positive
The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory. How much can Nelson's short-term debt (notes payable) increase without pushing its current ratio below 2.0? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What will be the firm's quick ratio after Nelson has raised the maximum amount of short-term funds? Do not round intermediate calculations. Round your answer to two decimal places.
The Nelson Company has $1,200,000 in current assets and $480,000 in current liabilities. Its initial inventory level is $305,000, and it will raise funds as additional notes payable and use them to increase inventory.
To avoid a decline in the current ratio below 2.0, how much can Nelson's short-term debt (notes payable) increase?The formula for calculating the current ratio is:
Current ratio = Current assets / Current liabilities. A current ratio of 2:1 or greater is generally considered acceptable for most enterprises. So, the current ratio is as follows:
Current ratio = $1,200,000 / $480,000 = 2.5 times
Let us now determine the maximum amount of short-term funds the company may obtain without pushing its current ratio below 2.0. Assume that the company raises the amount of additional notes payable, X dollars, and uses it to buy inventory. The maximum quantity of notes payable that can be added to inventory without causing the current ratio to fall below 2.0 is then determined as follows:
$1,200,000 / ($480,000 + X) ≥ 2.0$480,000 + X ≤ $600,000X ≤ $120,000
Thus, the maximum amount of additional notes payable is $120,000. If Nelson were to increase its notes payable by the maximum amount, its current liabilities would increase by $120,000, from $480,000 to $600,000. As a result, Nelson's current ratio would decline as follows:
Current ratio = $1,200,000 / $600,000 = 2.0 times
Let us now calculate the company's quick ratio after it has raised the maximum amount of short-term funds. The Quick ratio is determined by dividing the current assets by the difference between the current assets and the inventory. QR = (Current assets – inventory) / Current liabilities The calculation of quick ratio is as follows:
Quick ratio = ($1,200,000 − $305,000) / $480,000 = 1.99 times
The quick ratio after Nelson has raised the maximum amount of short-term funds will be 1.99 times.
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Which of the following are not traits of entrepreneurs?
I
energy
dishonesty
dedication
dependence
Answer: dishonesty and dependence.
Explanation:
Dishonesty are not traits of entrepreneurs. Entrepreneurs often have a knack for thinking outside the box, generating new ideas, and finding innovative solutions to problems. The answer is OPTION B.
Risk-taking: Entrepreneurs are willing to take calculated risks and step out of their comfort zones to pursue their business ideas.
Passion: Successful entrepreneurs are deeply passionate about their ventures, which fuels their motivation and perseverance.
Vision: Entrepreneurs have a clear vision of their goals and a strong sense of where they want to take their businesses in the long term.
Adaptability: They can quickly adapt to changing circumstances, markets, and trends, allowing them to stay relevant and competitive.
Persistence: Entrepreneurs demonstrate resilience in the face of challenges, setbacks, and failures, and they are committed to overcoming obstacles.
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How do I become a singer when I can sing and how does it feel to sing in front of thousands of celebrities and people?(This answer is for singers and lots more people.)
Most seasoned vocalists begin their careers as session musicians and entertainers. Today, we'll look at the six steps to success for vocalists.
What does "musician" actually mean?
a person who plays music skillfully as a profession: The show will involve musicians and dancers from different nationalities. musician in comparison
Maybe the best way to describe a musician is as someone who actively engages in the creation of music in a variety of real-world circumstances, such as regular social contacts, where music has been used for millennia to promote life-affirming connections and to celebrate our humanity.
There are many "talented" rock guitarists, conductors, and violinists in the world. The word "talent" is commonly used in relation to music.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Given that bearclaws chooses the profit-maximizing price and quantity, what profit level will it obtain? a. $980. B. $490. C. $700. D. $280
Given that bearclaws chooses the profit-maximizing price and quantity, yhe profit level will it obtain is D. $280
How to calculate the amountA monopoly maximizes its profit at the quantity where marginal revenue (MR) = marginal cost (MC). As shown in the diagram, the MR curve intersects the MC curve at Q* = 70. The total revenue is calculated as follows: TR = P × Q. At Q* = 70, the price that Bearclaws can charge is P = $14.
Hence, the total revenue at the quantity where Bearclaw maximizes profit is given by: TR = 14 × 70
= $980.
The total cost is calculated as follows: TC = ATC × Q. At Q* = 70, we can see on the diagram that it is where average total cost (ATC) = $10 (draw a straight line from ATC curve at Q = 70 to the P axis to see this value). Hence, the total cost at the quantity where Bearclaw maximizes profit is given by: TC = 10 × 70 = $700.
The profit is calculated as follows:
Profit = TR - TC = 980 - 700
= $280.
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Which will help you when you file a claim for home insurance?
A home loan
B.
home budget
c.
home inventory
Answer:
home inventory
Explanation:
US Government uses
____ income taxes to collect revenue.
Which of the following refers to the balance an account is always supposed to have?
Normal balance
Debits
Credits
Double-entry system
Answer:
Normal balance
Explanation:
Accounts are expected to have either debit or credit balance, depending on their classification. The accounting equation of Assets is equal to equity plus liabilities is the basis for account classification. Assets accounts are on one side, while accounts relating to equity and liabilities are on the other.
Accounts have normal balances if the balances at the end of a period are as expected. Assets accounts are expected to have debit balances, while equity and liabilities accounts should have credit balances.
What are high-risk loans?
A.
loans that are invested in high-risk stocks
B.
loans that are given for risky home properties
C.
loans that are given to consumers with bad credit
D.
loans that are provided by commercial banks
Answer:
C.
Explanation:
If you have bad credit you may be less likely to be able to fulfill your loan agreement.
Which of the following statements about investing is TRUE?
1. Investing is a guaranteed way to make money.
2. Investing is best for short-term financial goals.
3. Investing is riskier than putting money in a savings accounts.
4. On average, putting money in a savings account earns a higher return than investing money in the stock market.
Answer:
3. Investing is riskier than putting money in a savings accounts.
Explanation:
Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.
Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.
The annual income for teachers is normally distributed with a mean of $38,000 and a standard deviation of $4000. Of a random sample of 36 teachers is selected, what is the probability that the mean income of this sample is less than $37,000?
A) 0. 4013
B)0. 5897
C) 0. 9332
D) 0. 669
Answer: D
Explanation:
To calculate the probability, we can use the standard normal distribution and the concept of the sampling distribution of the sample mean.
Given that the annual income for teachers is normally distributed with a mean (μ) of $38,000 and a standard deviation (σ) of $4,000.
To find the probability that the mean income of a random sample of 36 teachers is less than $37,000, we need to calculate the z-score and then find the corresponding cumulative probability.
First, calculate the standard error of the mean (SE) using the formula:
SE = σ / sqrt(n)
SE = 4000 / sqrt(36) = 4000 / 6 = 666.67
Next, calculate the z-score using the formula:
z = (x - μ) / SE
z = (37000 - 38000) / 666.67 = -1.5
Now, we can look up the cumulative probability for the z-score -1.5 in the standard normal distribution table.
Looking up the z-score -1.5 in the table, we find that the cumulative probability is approximately 0.0668.
Therefore, the probability that the mean income of this sample is less than $37,000 is approximately 0.0668.
The return on the Rush Corporation in the state of recession is estimated to be -22% and the return on Rush in the state of boom is estimated to be 31%. The return on the Oberman Corporation in the state of recession is estimated to be 42% and the return on Oberman in the state of boom is estimated to be -15%. Given this information, what is the covariance between Rush and Oberman if there is a 0. 60 probability that the economy will be in the state of boom and an 0. 40 probability that the economy will be in the state of recession. Place your answer in decimal form and not as a percentage
Based on the return on Rush Corporation at different phases of the economy, and that of the Oberman Corporation, the covariance between both companies is -0.079.
What is the covariance between Rush and Oberman Corporation?First find the returns on both companies:
Rush Corporation:
= (0.60 x -22%) + (0.4 x 31%)
= 0.4%
Oberman Corporation:
= (0.60 x 42%) + (0.4 x -15%)
= 19.2%
The Covariance is:
= 0.6 x (-0.22 - 0.004) x (0.42 x 0.192) + 0.4 x (0.31 - 0.004) x (-0.22 – 0.1780)
= -0.079
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How do the amount of time you have to save and the interest you
Can earning relate to achieving financial goals?
The amount of time you have to save and the interest you can earn are both crucial factors in achieving your financial goals.
A longer savings period allows you to accumulate more funds and take advantage of compound interest, which is the process of earning interest on both the principal and previously earned interest. This can significantly increase your total savings over time. The interest rate you can earn also plays a vital role in reaching your financial goals.
Higher interest rates allow your savings to grow more quickly, as you earn a larger amount on your deposits. By choosing savings or investment options with competitive interest rates, you can optimize your savings growth and achieve your financial goals more efficiently. Both the duration of your savings plan and the interest rate you can earn are essential elements in accomplishing your financial objectives.
Thus, balancing these factors and regularly monitoring your progress can help you stay on track and reach your desired financial milestones.
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