Answer:
Role Name Department
Managing Director Robert Jameson N/A
Secretary Libby Jameson N/A
Marketing Manager Terrance Jameson Marketing
Personnel Manager Christine Jameson Personnel
Finance Manager Shian Jameson Finance
Production Manager Joshua Jameson Production
Marketing Staff 4 employees Marketing
Personnel Staff 4 employees Personnel
Finance Staff 4 employees Finance
Production Staff 4 employees Production
Explanation:
Higher financial risk tolerance will help you engage in financial behaviors that have ______ long-term payoffs. Group of answer choices lower. greater. equal. None of these answer choices are correct. quizet
It should be noted that Higher financial risk tolerance allow individuals to have better financial behaviors that have Higher long-term payoffs.
This is because when one has a good financial behaviors it will help in long run in the business.
What is financial risk tolerance ?financial risk tolerance can be regarded as maximum degree of uncertainty that can be accepted by someone willingly.
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xavi is considering advertising his artwork in a local gallery, the cost of which is $80 per month. what would be the new annual breakeven revenue (in dollars) if he continues to sell his pieces for $15?
If he keeps selling his artwork for $15, his new yearly breakeven earnings will be $4,150.
The definition of revenue:Revenue is the total sum of funds received first from sale of goods or services essential to a company's primary activities. Revenue, often referred to as total profits or revenue, is at the bottom of the revenue sheet and is frequently referred to as the "top line."
Briefing:Total fixed cost = $700 + ($80 X 12) = $1,660
Margin of contribution = $15 - $9 Equals $6
40% is the contribution margin ratio, or $6 / $15.
Breakeven sales = $1,660 / 40%
= $4,150
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The complete question is-
Xavi sells seashore paintings, his annual Fixed Costs are $700 and the Variable Costs are $9 per canvas. The Market Size for the souvenir paintings in his area is 2,800 canvases, and Xavi wants to achieve a Market Share of 8%.
Xavi is considering advertising his artwork in a local gallery, the cost of which is $80 per month. What would be the new annual break-even revenue (in dollars) if he continues to sell his pieces for $15?
A man borrowed $2,000 from a bank at 8% interest rate compounded annually. He will repay the loan at constant uniform annual payments for 5 years. Sketch the cash flow from the bank view point. Determine the amount of the annual payment
A man borrowed $2,000 from a bank at 8% interest rate compounded annually. He will repay the loan at constant uniform annual payments for 5 years.
Sketch the cash flow from the bank view point.
Determine the amount of the annual payment
A man borrowed $2,000 from a bank at 8% interest rate compounded annually. He will make annual payments of approximately $340.50 for 5 years to repay the loan.
Cash Flow from the Bank's Viewpoint:
Year 0: The bank provides a loan of $2,000 to the man.
Year 1: The bank receives the first annual payment from the man.
Year 2: The bank receives the second annual payment from the man.
Year 3: The bank receives the third annual payment from the man.
Year 4: The bank receives the fourth annual payment from the man.
Year 5: The bank receives the fifth and final annual payment from the man.
Amount of Annual Payment Calculation:
To determine the amount of the annual payment, we can use the formula for the present value of an annuity:
PV = PMT × (1 - (1 + r)^(-n)) / r
Where:
PV = Present Value of the loan ($2,000)
PMT = Amount of the annual payment (to be determined)
r = Interest rate per compounding period (8% or 0.08)
n = Number of compounding periods (5 years)
Substituting the given values into the formula:
2,000 = PMT × (1 - (1 + 0.08)^(-5)) / 0.08
Simplifying the equation:
2,000 = PMT × (1 - 1.46933) / 0.08
2,000 = PMT × (-0.46933) / 0.08
PMT × (-0.46933) = 2,000 × 0.08
PMT × (-0.46933) = 160
PMT = 160 / (-0.46933)
PMT ≈ $340.50
Therefore, the amount of the annual payment is approximately $340.50.
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the following information is available for the year ended december 31: beginning raw materials inventory $ 12,600 raw materials purchases 89,200 ending raw materials inventory 12,000 advertising expense 740 the amount of raw materials used in production for the year is: multiple choice
The amount of raw materials used in production for the year is $90,800.
To calculate the amount of raw materials used in production for the year, we need to subtract the change in raw materials inventory from the sum of beginning raw materials inventory and raw materials purchases.
Beginning raw materials inventory: $12,600
Raw materials purchases: $89,200
Ending raw materials inventory: $12,000
Raw materials used in production = (Beginning raw materials inventory + Raw materials purchases) - Ending raw materials inventory
Raw materials used in production = ($12,600 + $89,200) - $12,000
Raw materials used in production = $102,800 - $12,000
Raw materials used in production = $90,800
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which of the following commodities is a product of the primary or extractive industry
A. Cars
B. Gold
C. Hair Processing
D . Houses
Anna works as a cashier at Raney’s Pet Supply. Her manager has set the daily sales quota at $3,000 which includes upselling their grooming services. This is an example of which type of goal?Multiple Choicebehavioralobjectivetaskprojectprocedural
If her manager set the day sales goal at $3,000, upselling their grooming services is part of the goal. This is an illustration of an objective goal.
What does upselling mean in plain English?Upselling is a sales strategy where clients are persuaded to spend more money on an upgraded or premium version of the product they were initially planning to purchase. By selling a package with extra rooms, a housekeeping service could upsell a customer who has purchased a weekly cleaning plan.
How Do Sales Objectives Work?Sales reps and teams employ sales goals, which are measurable objectives, to direct them in their daily sales efforts and assist them in making broad strategic decisions. KPIs and certain sales indicators are typically the foundation for sales targets.
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Anna works as a cashier at Raney’s Pet Supply. Her manager has set the daily sales quota at $3,000 which includes upselling their grooming services. This is an example of which type of goal? Multiple Choice:
(a)behavioral
(b)objective task
(c)project
(d)procedural
arkansas escrow agent norman received the earnest money deposit from his clients bud and barbara on friday, january 6, the day the contract was signed by both parties. he must deposit the earnest money by the end of what day?
The timeline for depositing earnest money can vary depending on state laws and contractual agreements.
In most cases, an escrow agent like Norman is required to deposit the earnest money within a reasonable period of time. The specific time frame may be outlined in the contract or governed by state laws. It is crucial to consult the contract or seek legal advice to ensure compliance with the applicable regulations.
In the absence of specific contractual or legal requirements, it is generally considered good practice for the escrow agent to deposit the earnest money as soon as possible after receiving it. This helps maintain transparency and demonstrates good faith between the parties involved in the transaction.
In the given scenario, if the contract was signed and the earnest money was received by Norman on Friday, January 6, the deposit should ideally be made within the next business day or within a reasonable time frame thereafter.
Typically, this means that the earnest money should be deposited by Monday, January 9, or the next business day following the receipt of the funds.
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Herman Company has three products in its ending inventory. Specific per unit data at the end of the year for each of the products are as follows: Product 1 Product 2 Product 3 Cost $ 26 $ 96 $ 56 Selling price 58 138 88 Costs to sell 6 52 16 Required: What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?
Answer:
What unit values should Herman use for each of its products when applying the lower of cost or net realizable value (LCNRV) rule to ending inventory?
Product 1: $26 (cost)Product 2: $86 (NRV)Product 3: $56 (cost)Explanation:
Product 1 Product 2 Product 3
Cost $26 $96 $56
Selling price $58 $138 $88
Costs to sell $6 $52 $16
net realizable value $52 $86 $72
which is lower? $26 (cost) $86 (NRV) $56 (cost)
the net realizable value = selling price minus any costs associated to the sales process
Metro, Inc. Sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Metro maintains ending inventory at 20% of the following month's expected cost of goods sold. Expected cost of goods sold for April is $70,000. All purchases are made on account with 25% of accounts paid in the month of purchase and the remaining 75% paid in the month following the month of purchase. Sales January February March Budgeted cost of goods sold $ 40,000 $ 50,000 $ 60,000 Plus: Desired ending inventory 10,000 Inventory needed 50,000 Less: Beginning inventory (8,000 ) Required purchases $ 42,000 Based on this information the total cash paid in March to settle accounts payable is
The total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.
To calculate the total cash paid in March to settle accounts payable, we need to consider the purchases made in February and March.
In February, the purchases were $42,000 * 25% = $10,500. This amount is paid in the month of purchase, so there is no outstanding payment for February purchases in March.
In March, the purchases were $60,000 * 25% = $15,000. Since 75% of accounts are paid in the month following the month of purchase, we need to calculate 75% of March purchases that are paid in March. 75% of $15,000 = $11,250.,the total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.
The purchases budget is prepared to estimate the amount of inventory that needs to be purchased during a specific period. It takes into account the expected cost of goods sold and the desired ending inventory. In this case, the expected cost of goods sold for April is given as $70,000. By subtracting the beginning inventory and adding the desired ending inventory, the required purchases for the first quarter are calculated.
The payment terms for the purchases are also considered in the budget. It is stated that 25% of accounts are paid in the month of purchase and the remaining 75% is paid in the following month. This means that a portion of the purchases made in February is paid in February itself, while the remaining portion is paid in March. Similarly, a portion of the purchases made in March is paid in March.
To determine the total cash paid in March to settle accounts payable, we need to calculate the amount of purchases that are paid in March. This includes the 25% of March purchases that are paid in March itself and the outstanding payment for the remaining 75% of February purchases. By adding these two amounts, we can find the total cash paid in March. In this case, the total cash paid in March to settle accounts payable is $21,750.
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which of the following explains why supply curves slope upward? group of answer choices increasing marginal cost prices and income resources and technology
The reason why supply curves slope upward is due to increasing marginal cost. As producers increase the quantity of a good or service they supply, the cost of producing each additional unit generally increases.
This means that in order for producers to justify supplying more of a good or service, they need to receive a higher price for each unit sold, leading to a higher supply curve. While resources and technology can also impact supply, it is primarily the increasing marginal cost that drives the upward slope of supply curves.
The reason why supply curves slope upward is due to increasing marginal costs. As the production level increases, the cost of producing additional units also increases, making suppliers more willing to supply at higher prices. This results in an upward-sloping supply curve.
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please help
Why is engaging communication a two-way process?
Answer:
Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness
Effective communication depends on the proper understanding of the message by the sender and receiver.
Explanation:
Hope you can helpWhich statements accurately describe financing a purchase? Check all that apply.
A. It requires people to pay the price upfront.
B. It means people take on debt.
C. It allows for an immediate purchase.
D. It means people can buy without debt.
E. It requires that interest be paid.
F, It leads to lower prices paid.
Answer:
B, C, E.
Explanation:
all these statements accurately describe financing a purchase.
I'm here to confirm the AI and other persons answers are 100% correct!
What is talent management?
ОА.
a strategic plan to coordinate the corporate strategy with the human resources functions
OB. a system that offers an apprenticeship for college graduates
Ос.
a strategic plan for attracting, developing, and retaining human capital
OD.
a method of hiring key management positions from the host country
Answer:
OC.
Explanation:
A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy
Answer:
C). A revenue-focused bidding strategy.
Explanation:
As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.
The ge financial management program is designed to help potential employees develop leadership and analytical skills by cycling them through short-term, key assignments in financial planning, accounting, operations analysis, auditing, forecasting, cash management, and commercial finance. What type of work challenge stressor does this demonstrate?.
Work complexity type of work challenge .
What causes complexity?Complexity can come from both inside the system and outside of it. Modern hardware, such as super-scalar CPUs, is an example of an internal source, and the requirements for modifying previously successful systems are an example of an external source.
Why is complexity important in business?Complexity problems that corporate leaders must address the fact that complexity stifles innovation, which is essential for organizations looking to develop new products and revenue sources, is particularly problematic. Collaboration and the ability of firms to communicate knowledge across teams are killed by complexity.
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ASAPP PLZZZZ
3. In the mythical kingdom of Erehwon, the basic unit of money is the rudolf. At today's exchange rate, 4 rudolfs are equal to $1. A U.S. tourist in Erehwon wishes to purchase a guidebook to the country. The price is 6 rudolfs. How much is this in U.S. money?
(A) $1.50
(B) $6
(C) $4
(D) $24
factor co. can produce a unit of product for the following costs: direct material $ 8.20 direct labor 24.20 overhead 41.00 total product cost per unit $ 73.40 an outside supplier offers to provide factor with all the units it needs at $44.75 per unit. if factor buys from the supplier, the company will still incur 65% of its overhead. factor should choose to:
Thus, Factor Co. should choose to purchase the product from the outside supplier as it has a lower total cost per unit, saving the company $2.00 for each unit.
Factor Co. should evaluate whether it is more cost-effective to produce the product in-house or purchase it from the outside supplier.
Currently, the total product cost per unit for Factor Co. is $73.40, which includes direct material ($8.20), direct labor ($24.20), and overhead ($41.00). The outside supplier offers to provide the product at a cost of $44.75 per unit.
If Factor Co. decides to buy from the supplier, it will still incur 65% of its overhead costs.
To calculate this, we multiply the current overhead cost ($41.00) by 65%, which equals $26.65.
When adding this to the supplier's price of $44.75, the total cost per unit becomes $71.40.
Comparing the two options, producing the product in-house costs $73.40 per unit, while purchasing from the outside supplier costs $71.40 per unit.
Based on this analysis, Factor Co. should choose to purchase the product from the outside supplier as it results in a lower total cost per unit, saving the company $2.00 for each unit.
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a full description of everything a participant says and does is called a
The full description of everything a participant says and does is called a transcript. A transcript is a written or typed record of a conversation or speech that can be used for various purposes such as legal or research purposes. It provides a detailed description of every word that is said, along with the timing of each speaker's turn. These can be recorded on paper or electronically, depending on the needs of the research, the quality of the recording equipment and the budget.
Transcripts are frequently used in academic and scientific research to analyze communication patterns, identify patterns of interaction, or to search for specific information or keywords. In addition, a transcript can help researchers identify and understand how speakers use language, how they communicate, and the strategies they use to persuade others.
It is important to note that a transcript may not always capture the nonverbal behavior of a participant. Nonverbal behavior such as facial expressions, gestures, and tone of voice can also be important to analyze in some contexts. This is why researchers may also use video or audio recordings of a conversation or speech in addition to a transcript.
In summary, a transcript is a full description of everything a participant says and does during a conversation or speech. It provides a detailed written or typed record of the communication and is commonly used in academic and scientific research to analyze communication patterns and identify specific information.
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Revenues
What are the gross sales?
Income Statement
For the Year Ended January 31, 2028
Merchandise Sales
Donations
Total Revenues:
Expenses
Imported Items
Building Rent
Total Expenses:
$3,000.00
2,000.00
1,000.00
2,200.00
5,000.00
3,200.00
The gross sales for the year ended January 31, 2028, are $5,000.00. So, the correct option is 5,000.00.
The gross sales for the year ended January 31, 2028, can be calculated by adding the merchandise sales and donations, which are the sources of revenue for the business.
From the given income statement, the merchandise sales amount is $3,000.00 and the donations amount is $2,000.00. Adding these two figures, the total revenues for the year are $5,000.00 ($3,000.00 + $2,000.00).
Gross sales represent the total amount of sales made by a business before deducting any expenses.
In this case, since no specific deductions are mentioned for the sales and donations, the total revenues of $5,000.00 can be considered as the gross sales.
Therefore, the gross sales for the year ended January 31, 2028, are $5,000.00. So, the correct option is 5,000.00.
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how old do you have to be to buy a puff bar in nevada
The legal age to buy a Puff Bar in Nevada is 21 years old.
In Nevada, the legal age to purchase tobacco products, including electronic cigarettes like Puff Bar, was raised to 21 as of January 1, 2020. This change was implemented with the passage of Senate Bill 263 during the 2019 legislative session. Prior to this, the legal age to buy tobacco products in Nevada was 18 years old.
To purchase a Puff Bar or any other tobacco product in Nevada, you must be at least 21 years old. It is important to comply with the legal age requirements and any additional regulations set by the state or local authorities to ensure responsible and legal consumption of such products
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As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
Trinity Ltd. wants to obtain debt financing to fund its expansion. What are the different sources from which it can raise this fund?
A. common stock and commercial banks
B. common stock and insurance companies
C. stock brokerage firms and insurance companies
D. preferred stock and stock brokerage firms
Answer:
The correct answer is C.) Stock Brokerage Firms and Insurance Companies
Explanation:
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The personal needs, the culture, and the family of an individual influence his or her ethical choices.
Answer:
True
Explanation:
Ethical choices of an individua are an outcome of the social, cultural and regional exposure of the individual. Some part of the behavior and thoughts of an individual are sharped according of the ethnicity and culture. The values are enhanced and they are formed as a result of the choices made by the individual and the community. The result of the behavior, attitudes, choices and preferences of the individua are the outcome of the values formed by the person. Ethical choices are made upon the level of ethnic intensity.
A consumer will be most likely to buy a product when Select one: a. The perceived value of the product far exceeds its price charged b. The perceived value of the product far exceeds its cost of production c. The value of product is perceived to be equivalent to the price d. The cost to produce the product is equivalent to its price
Answer:
a. The perceived value of the product far exceeds its price charged.
Explanation:
a. The perceived value of the product far exceeds its price charged.
Option "a" is correct because the consumer buys the commodity when the perceived value is more than the price. The perceived value can be determined by subtracting the perceived cost to the customer from the expected price. Therefore, when the consumer perceived value is more than the price then the consumer is most likely to buy the commodity.
What is profit?
A. Money lost after all other business expenses, including salaries,
rent, and taxes have been paid.
B. Money remaining when all expenses except salaries, rent, and
taxes have been paid.
C. Money invested after all business expenses, including salaries,
rent and taxes have been paid.
D. Money remaining when all other business expenses, including
salaries, rent, and taxes, have been paid.
Answer:
D.
Explanation:
Profit is all revenue that is left over after accounting for any and all business expenses incurred over a specific period of time.
For example if you're looking at profit over a quarter, it is the Revenue generated over that quarter - Expenses generated over that quarter, including salary expense, taxes, etc.
which of the following is not a benefit of budgeting? management can plan ahead. an early warning system is provided for potential problems.
There is no benefit of budgeting that is not listed in the given options. Both options mention benefits of budgeting, namely, management can plan ahead and an early warning system is provided for potential problems.
Among the given options, "management can plan ahead" is a benefit of budgeting, while "an early warning system is provided for potential problems" is not a direct benefit of budgeting. Budgeting helps organizations allocate resources, control finances, and set financial goals, but it does not inherently serve as an early warning system for potential problems.
Budgeting is a crucial financial planning tool that helps individuals and organizations to achieve their financial goals and objectives. It allows for the allocation of resources and helps in tracking expenses, revenues, and profits.
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The provided options being the ability for management to plan ahead and provision of an early warning system for potential problems are benefits, not drawbacks, of budgeting. Drawbacks might include rigidity, lengthy planning times, smaller budget surpluses, and difficulty with long-term planning due to highly variable inflation.
Explanation:Neither of the two given options are drawbacks of budgeting. In fact, they are benefits. The ability for management to plan ahead and the provision of an early warning system for potential problems are major advantages of budgeting. One downside, however, may be the inability to adapt quickly to unforeseen events or changing market conditions if the budget is too rigid. Budgeting can sometimes also take a lot of time, which can be a disadvantage especially in smaller businesses.
Another potential drawback to budgeting is linked to economic fluctuations. When there are smaller budget surpluses, economic booms lead to smaller deficits or larger surpluses. A requirement that the budget be balanced each and every year could prevent these automatic stabilizers from working and could worsen the severity of economic fluctuations.
Similarly, high and variable inflation weakens the incentives in the economy to adjust in response to price changes. This leads markets to adjust toward their equilibrium prices and quantities more erratically and slowly, and many individual markets might experience a higher chance of surpluses and shortages. This can complicate long-term planning.
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On a demand curve which of the following causes movement along the curve instead of a shift to the left or right?
A. expectation of price
B. income of the consumer
C. price of the product
D. price of similar products
On a demand curve the causes movement along the curve instead of a shift to the left or right is: C. price of the product.
What is the causes movement along the curve instead of a shift to the left or right?A change in any other variable, such as income, expectations, or the price of similar products, will cause a shift in the demand curve either to the left or right.
However, a change in the price of the product itself will cause a movement along the demand curve. When the price of a product increases, the quantity demanded of that product will decrease, and when the price of a product decreases, the quantity demanded of that product will increase. This movement along the demand curve occurs because consumers are more or less willing to purchase the product at different prices.
Therefore, a change in the price of the product causes a movement along the demand curve, not a shift to the left or right.
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35 points!!!111
Outlining involves arranging topics or ideas in relationship to each other. Please select the best answer from the choices provided T F
Answer:
TRUE
Explanation:
Answer:
Honestly, you're lying about the 35 points thing...
But the answer is TRUE
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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what is my profit margin ratio if my net income is $294 and my net sales is $3800
Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%