Cost of goods sold is $420,000, while $210,000 is the operating income.The Operating income is the Net earnings plus interest and taxes.Hence, the income before taxes from activities resulted in a total of $9M in profits.
A financial statement called an income statement contains information on cost of goods sold, which is an expense in accounting.
Operational income equals $800,000 minus $420,000 minus $170,000 to equal $210,000.
Sales revenue minus COGS minus operating costs
The operating expense ratio (OER) is computed by subtracting depreciation from all operating expenses and dividing the result by operating income.
The cost of goods sold formula, at its most basic level, is: Cost of goods sold is equal to the sum of the initial inventory plus any purchases.
In a company's financial accounts, the cost of items sold during a period and the cost of goods that are left in stock at the conclusion of the period are both shown.
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Here’s Some VERY Helpful Business Advice
Answer:
haha there we go thx
what influences the costumer when she or he is deciding whether to buy a product
Answer:
Price
Explanation:
While there could be more than one factor that influences a customer's decision to buy a product, the underlining factor that has the most weight with regards to decision making is the price.
If a customer wants to buy a jacket that costs $4.99 and sees another store selling a jacket of the same quality or even less quality at $3.50, he is likely to buy the cheaper one in order to save some extra cash. It is linked with the purchasing power of the customer.
The sales process at xerox typically follows the six stages of the personal selling process. During the first stage, xerox identifies potential clients through?
The first stage of the personal selling process at Xerox is identifying potential clients. Xerox does this through various methods such as market research, prospecting, and lead generation.
Market research involves gathering information about the target market and analyzing it to identify potential clients. Xerox may use data analysis, surveys, or focus groups to understand the needs and preferences of potential clients.
Prospecting is the process of actively searching for potential clients. Xerox may use different strategies like cold calling, attending industry events, or using online platforms to find and connect with potential clients.Lead generation is another method used by Xerox to identify potential clients. This involves collecting contact information from interested individuals or companies who have shown some level of interest in Xerox's products or services. For example, if someone requests information or signs up for a newsletter on Xerox's website, they may be considered a lead.Overall, Xerox employs a combination of market research, prospecting, and lead generation to identify potential clients during the first stage of the personal selling process. This allows them to focus their efforts on individuals or companies who are likely to be interested in their products or services.
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how much do you have to make a year to afford a $500,000 house
Answer: A $500k mortgage with a 4.5% interest rate for 30 years and a $10k down-payment will require an annual income of $121,582 to qualify for the loan.
Explanation: Depending on the interest rates this could be higher, however you should not spend more than 28% of your gross income on your mortgage.
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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Which of the following programs was not designed and implemented by the Federal Reserve?
A. Troubled Asset Relief Program
B. Term Securities Lending Facility
C. Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility
D. Primary Dealer Credit Facility
The Troubled Asset Relief Program (TARP) was not designed and implemented by the Federal Reserve. The correct answer is option A.
TARP was actually a program created by the United States Congress in October 2008, in response to the financial crisis that began in 2007. It was designed to provide financial assistance to troubled banks and other financial institutions, in order to prevent a complete collapse of the financial system.
On the other hand, the other three programs listed – the Term Securities Lending Facility, Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, and Primary Dealer Credit Facility – were all designed and implemented by the Federal Reserve. These programs were created in order to provide liquidity to the financial markets and help stabilize the economy during the financial crisis.
The Term Securities Lending Facility allowed primary dealers (financial institutions that trade directly with the Federal Reserve) to borrow Treasury securities for a set period of time, in exchange for collateral. The Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility provided short-term loans to financial institutions that held asset-backed commercial paper. And the Primary Dealer Credit Facility provided loans to primary dealers, in order to help them meet their short-term funding needs.
Overall, the Federal Reserve played a crucial role in responding to the financial crisis, by implementing these programs and taking other actions to help stabilize the economy.
Therefore, option A is the right answer.
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which of the following pays for the services provided by public employment agencies?
The correct answer is taxpayers. Taxpayers refer to individuals, entities, or organizations that are required by law to pay taxes to the government.
Public employment agencies, also known as job centers or labor exchanges, are government entities that provide various services to job seekers and employers. These agencies offer services such as job placement assistance, career counseling, job training programs, and unemployment benefits administration.
The funding for public employment agencies primarily comes from public funds, which are generated through taxes collected from individuals and businesses. Taxpayers contribute to the funding of these agencies through various taxes, such as income taxes, payroll taxes, or specific taxes allocated for employment and labor-related services.
The rationale behind taxpayers funding public employment agencies is to ensure that essential employment services are available to the public, promoting labor market efficiency, reducing unemployment rates, and supporting economic growth. These agencies play a crucial role in matching job seekers with suitable employment opportunities and providing resources for skills development and workforce integration.
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amazon recently announced that they were raising the minimum wage for all employees to $15 to address the low-wages of its employees. amazon
As Amazon recently announced that they were raising the minimum wage for all employees to $15 to address the low-wages of its employees. Amazon understands that employees have a voice in decisions that affect them. The Option A is correct.
What is minimum wage in this context?This refers to lowest remuneration that an employers can legally pay their employees, that is, the price floor of wages below which employees may not sell their labor.
As minimum wages increase the cost of labor, companies often try to avoid the wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages or by automating job functions.
Missing option "understands that employees have a voice in decisions that affect them. is exhibiting strong leadership behavior. is giving employees an opportunity to appeal decisions that affect their welfare. knows that employees’ perception of equity is what counts. is paying attention to the climate for justice"
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advantages of using lifo inventory pools include which of the following? (select all that apply.) multiple select question. a. Account for each type of inventory separately
b. Reduce the risk of LIFO layer liquidations
c. Simplify recordkeeping
advantages of using lifo inventory pools include which of the following? (select all that apply.) multiple select question. a. Account for each type of inventory separately
b. Reduce the risk of LIFO layer liquidations
c. Simplify recordkeeping
The advantages of using LIFO (Last-In, First-Out) inventory pools include the following:
a. Account for each type of inventory separately: LIFO inventory pools allow businesses to track and account for different types or categories of inventory separately. This provides more detailed information about inventory levels and costs associated with each type, enabling better inventory management and decision-making.
b. Reduce the risk of LIFO layer liquidations: LIFO layer liquidation occurs when older, lower-cost inventory layers are depleted or sold, resulting in the recognition of higher-cost inventory and potentially higher taxable income. By using LIFO inventory pools, businesses can minimize the risk of LIFO layer liquidations by grouping inventory items into pools and managing the flow of inventory within those pools more effectively.
c. Simplify recordkeeping: LIFO inventory pools simplify recordkeeping by consolidating and categorizing inventory items into pools. This streamlines the inventory management process, as businesses can focus on managing and tracking inventory at the pool level rather than individual inventory items, leading to more efficient recordkeeping practices.
By utilizing LIFO inventory pools, businesses can benefit from improved inventory management, reduced risk of LIFO layer liquidations, and simplified recordkeeping procedures.
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Explain why socialist societies do not use a circular flow chart.
which career cluster does the accouning pathway belong in? a.finance b.manufacturing c.information technology d. health sciences
Answer:
a. Finance
Explanation:
Accountants handle taxes and manage other financial records for individuals or companies.
How would you record the following accounting events?
a) Purchase of a fixed asset (like equipment) 750.000 USD
b) Recording depreciation of the fixed asset using the straight line and double declining balance methods 250.000 USD
c) Recording the sale of the fixed asset 500.000 USD
To record the accounting events mentioned:
a) Purchase of a fixed asset (equipment): Debit Fixed Asset (Equipment) for $750,000 and Credit Cash or Accounts Payable for $750,000.
b) Recording depreciation of the fixed asset: Debit Depreciation Expense for $250,000 and Credit Accumulated Depreciation for $250,000.
c) Recording the sale of the fixed asset: Debit Cash or Accounts Receivable for $500,000, Debit Accumulated Depreciation for the asset's accumulated depreciation amount, and Credit Fixed Asset (Equipment) for its original cost.
a) When a fixed asset is purchased, the accounting entry involves debiting the Fixed Asset (Equipment) account to increase its value on the balance sheet, and crediting either the Cash account if cash was used or the Accounts Payable account if the purchase was made on credit.
b) Depreciation is the allocation of the fixed asset's cost over its useful life. For the straight-line method, the annual depreciation expense is calculated by dividing the asset's cost by its estimated useful life. The double declining balance method accelerates depreciation in the early years, and the annual depreciation is determined by multiplying the asset's book value (cost minus accumulated depreciation) by twice the straight-line rate.
c) When a fixed asset is sold, the accounting entry involves debiting the Cash account (or Accounts Receivable if the sale is made on credit) for the amount received from the sale. The Accumulated Depreciation account is debited for the total depreciation accumulated over the asset's life. Finally, the Fixed Asset (Equipment) account is credited for its original cost. The difference between the debits and credits will result in a gain or loss, which is recorded in the income or expense account associated with the fixed asset.
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What might be an advantage of using credit
Analysts expect placer corp. to pay shareholders $3.25 per share annually for the next five years. after that, the dividend will be $4.50 annually forever. given a discount rate of 11.2%, what is the value of the stock today? group of answer choices $30.03 $40.18 $35.58 $14.33
The answer is $35.58. To determine the value of the stock today, we can use the Gordon Growth Model, which values a stock based on its dividends and the discount rate.
The formula for this model is:
V0 = D1 / (r - g)
where:
D1 is the expected dividend in the first year ($3.25 in this case)
r is the discount rate (11.2% in this case)
g is the expected growth rate of the dividends beyond the next five years ($4.50 - $3.25) / $3.25 = 38.46%
Plugging in the numbers, we get:
V0 = $3.25 / (0.112 - 0.3846) = $35.58
So, the value of the stock today is $35.58, which is the answer choice closest to the calculated value. The Gordon Growth Model, also known as the Gordon Dividend Discount Model, is a financial model used to estimate the intrinsic value of a stock. The model assumes that the dividends of a stock will grow at a constant rate in perpetuity and that the discount rate remains constant. The Gordon Growth Model is a simple and widely used method for valuing stocks, but it has some limitations. It assumes constant growth, which may not be realistic in practice, and it does not take into account changes in the dividend rate or the discount rate. Therefore, it is important to use other methods and consider other factors when valuing a stock.
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A customer owns 500 shares of abc preferred stock trading at $90 per share. Following a 3:1 common stock split, the customer will have?
A customer owns 500 shares of ABC preferred stock trading at $90 per share. Following a 3:1 common stock split, the customer will have 500 shares at $90 per share.
Preferred stock is a part of percentage capital which can have any aggregate of capabilities no longer possessed by using not unusual stock, inclusive of homes of both an equity and a debt instrument, and is normally taken into consideration a hybrid instrument.
What is the difference between Preferred stock and common stock?
The primary distinction among Preferred stock and common stock is that favored stock gives no voting rights to shareholders at the same time as not unusual inventory does. desired shareholders have precedence over a employer's profits, which means they're paid dividends before commonplace shareholders.
How do Preferred stock paintings?
Preferred stock are issued with a set par cost and pay dividends primarily based on a percentage of that par, commonly at a set price. just like bonds, which additionally make fixed bills, the market value of desired shares is touchy to changes in interest charges. If interest prices rise, the price of the preferred stock falls.
Is preferred stock an excellent investment?
preferred shares are typically much less volatile than not unusual dividend stocks, and deliver higher yields, but lack the possibility for charge appreciation because the issuing enterprise grows. in addition they go with out balloting rights.
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Calculate China’s RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained.
China’s RGDP growth rate in 2006 was _______ percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was ______ percent. Round up your answer to the first decimal.
It will take China approximately _______ years to double its real GDP per person. Round up your answer to a full number (no decimals).
Answer:
China’s RGDP growth rate in 2006 was 8.2% percent. Round up your answer to the first decimal. China’s growth rate of real GDP per person in 2006 (using the approximation formula) was 7.7% percent. Round up your answer to the first decimal.
It will take China approximately 9 years to double its real GDP per person. Round up your answer to a full number (no decimals).
Explanation:
Note: This question is not complete. The complete question is therefore provided before answering the question as follows:
In 2005 China's RGDP was 7,394 billion yuan. In 2006 its RGDP was about 8,000 billion yuan. China's population was 1,306.6 million in 2005 and 1,313.1 million in 2006.
Calculate China's RGDP growth rate in 2006, the growth rate of real GDP per person in 2006 (using the approximation formula), and the approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained.
China's RGDP growth rate in 2006 was _______ percent. Round up your answer to the first decimal. China's growth rate of real GDP per person in 2006 (using the approximation formula) was ______ percent. Round up your answer to the first decimal.
It will take China approximately _______ years to double its real GDP per person. Round up your answer to a full number (no decimals).
The explanation to the answer is now given as follows:
a. Calculate China’s RGDP growth rate in 2006. Round up your answer to the first decimal.
This can be calculated using the following formula:
China’s RGDP growth rate = (2006 RGDP - 2005 RGDP) / 2005 RGDP = (8,000 - 7,394) / 7,394 = 0.0820, or 8.2%
b. Calculate the growth rate of real GDP per person in 2006. Round up your answer to the first decimal.
This can be calculated using the following formula:
China’s RGDP per person growth rate = (2006 RGDP per person - 2005 RGDP per person) / 2005 RGDP per person ............... (1)
Where;
2006 RGDP per person = 2006 RGDP / 2006 population = 8,000 / 1,313.1 = 6.09245297387861 billion yuan
2005 RGDP per person = 2005 RGDP / 2005 population = 7,394 / 1,306.6 = 5.65896219194857 billion yuan
Substituting the values into equation (1) above, we have:
China’s RGDP per person growth rate = (6.09245297387861 - 5.65896219194857) / 5.65896219194857 = 0.077, or 7.7%
c. The approximate number of years it will take for real GDP per person in China to double if the 2006 economic growth and population growth rates are maintained. Round up your answer to a full number (no decimals).
To calculate this, the rule of 70 is used as follows:
Number of years for Real GDP per person to double = 70 / China’s RGDP per person growth rate = 70 / 7.7 = 9 years
Can you guys help me to answer this 5 questions
Answer:
1. sole trader,partnership,private limited company,multinational
Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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which of the following actions should Bobbi take to identify opportunities for online business growth
Answer:
identify a USPbuild a SWOT analysisreview competitor websitesMultiple-choices
hire a financial planner identify a USP ship to new countries build a SWOT analysis distribute feedback forms to suppliers review competitor websitesExplanation:
Identity a USP
USP is an abbreviation for a unique selling point or proposition. A USP is that one thing that makes a business better than its rivals. It is that unique benefit that customers can derive from a particular product or business. A USP distinguished a business from the others. Identifying a business USP, and communicating it to the market increases its competitiveness.
SWOT analysis
SWOT stands for strengths, weaknesses, opportunities, and threats. A SWOT analysis involves assessing, identifying, and incorporating these four elements in the business plans. An online business growth strategy will be more realistic after considering SWOT.
Review competitor websites
Reviewing competitors' websites provides information on what rivals are doing. It gives insights on the level of competition and what one needs to do to be better.
Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?
When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.
Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.
Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.
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A linear production possibilities curve indicates which of the following?
A. Constant opportunity costs
B. Decreasing opportunity costs
C. Increasing opportunity costs
D. Diminishing marginal returns
E. Labor-intensive production
Based on the explanation below, a linear production possibilities curve indicates A. Constant opportunity costs.
What Does a Linear Production Possibilities Curve Indicate?A linear production possibility curve (PPC) denotes a situation in which resources are not specialized and can be swapped for one another without incurring additional costs.
As a result, the PPC is a straight line, indicating that opportunity costs remain constant regardless of how far along the curve you move.
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The study of group __________ helps us to recognize the formation of a group and states how the group should be organized, lead and promoted. Fill in the blank.
Answer:
dynamics
Explanation:
Group dynamics is a term that is used in describing the formation and the actual nature or characteristics of a group in connection to every member of the group and or in relation to how the group interacts with other groups.
Hence, the study of group DYNAMICS helps us to recognize the formation of a group and states how the group should be organized, lead, and promoted.
When the Group of dynamics may be a term that's utilized in describing the formation and also the actual nature or characteristics of a bunch in connection to each member of the group and or in respect to how the group interacts with other groups.
DynamicsHence, the study of social psychology that is Dynamics helps us to acknowledge the formation of a gaggle and states how the group should be organized, lead, and promoted.
Thus, the correct answer is Dynamics
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If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
In order to be even moderately successful at managing relations, a project manager needs to be skilled at managing customer ___________ and ____________ .Group of answer choicesexpectations; perceptionsbudget; schedulefears; concernsjargon; competency
In order to be even moderately successful at managing relations, a project manager needs to be skilled at managing customer expectations and perceptions. Let's explore these two terms and how they impact project management.
Customer expectations refer to what the customer believes they will receive or achieve from the project. This can include factors such as the quality of the deliverables, the timeline for completion, the cost of the project, and the overall level of satisfaction. Managing customer expectations is critical because if the customer has unrealistic expectations, they may be disappointed with the final result and feel that the project was a failure. As a project manager, it is important to clearly communicate with the customer about what can realistically be achieved within the project's scope, budget, and timeline. This includes setting expectations at the outset of the project and providing ongoing updates throughout the project lifecycle.
CustomerCustomer perceptions refer to how the customer views the project and the project team. This can be influenced by a range of factors such as the customer's previous experiences, their personal biases, and their interactions with the project team. Managing customer perceptions is important because if the customer perceives the project or the project team negatively, it can impact their satisfaction with the project and their willingness to work with the project team in the future. As a project manager, it is important to build positive relationships with the customer and to be responsive to their needs and concerns. This includes being transparent about project progress and addressing any issues or concerns that arise.
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Which security term is used to describe the likelihood of a threat to exploit the vulnerability of an asset, with the aim of negatively affecting an organization? Vulnerability
Threat
Exploit
Risk
The security term is used to describe the likelihood of a threat to exploit the vulnerability of an asset, with the aim of negatively affecting an organization is Risk. Thus option D is correct.
What is an asset?A resource of the business which has an economic value in the future to the business which helps business activities to take place smoothly is considered as an asset.
The definition of risk is the possibility that something bad might happen or any uncertainty that might disturb or affect a person's well-being or an asset in terms of physical harm or monetary loss.
Therefore, option D is appropriate.
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A company is going to launch an exclusive high-end smartphone. They rely on a bold marketing strategy that offers a lifetime warranty for replacing the first failure caused by normal use in each smartphone sold. of use. even better results (less failures), if the true probability of failure is 0.0805 Please use the normal approximation and introduce the answer to 3 decimal places.
The probability that a high-end smartphone will fail using normal approximation is approximately equal to 1, to 3 decimal places.
Given that the probability of failure is 0.0805. We are to find the probability that a high-end smartphone will fail. The normal approximation formula is given by `P (x > a) = P (z > (a - μ)/σ)`The mean and the variance of a binomial distribution are given as follows: Mean μ = `np` = `500*0.0805` = `40.25`Variance σ² = `npq` = `500*0.0805*0.9195` = `3.5725`The standard deviation σ = `sqrt(σ²)` = `sqrt (3.5725)` = `1.8915`The probability that a high-end smartphone will fail is given by; `P(X > 1)` = `P(X >= 1)`Using continuity correction, `P(X >= 1.5)` = `P(Z > (1.5 - 40.25)/1.8915)` = `P(Z > -20.59)` = 1 Therefore, the probability that a high-end smartphone will fail is approximately equal to 1, to 3 decimal places.
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Many companies are now establishing guidelines and policies helping managers deal with marketing ethics. Of the following, which is a correct statement regarding these actions? A. Companies who hire ethical marketers will avoid ethical issues and problems B. Creating defined guidelines can resolve all the difficult ethical decisions a company faces C. Ethical marketing practices are not necessarily good business practices. D. Ethics and social responsibility require a total corporate commitment E. Guidelines and policies help to provide risk mitigation against possible legal action
Numerous companies are establishing various guidelines and policies to help managers maintain marketing ethics. Regarding these actions, of the following statements, the correct one is: D. Ethics and social responsibility require a total corporate commitment.
Ethics and social responsibility require a total corporate commitment, because while guidelines and policies can provide guidance and help mitigate risks, practices that help maintain marketing ethics, ultimately require a commitment from the entire company to prioritize ethical decision-making and social responsibility. Hiring ethical marketers is important, but it is not a guarantee against ethical issues and problems. Creating defined guidelines can be helpful, but they cannot resolve all the difficult ethical decisions a company may face.
Additionally, ethical marketing practices are often good business practices, but not always. Companies need to consider both ethical and business implications when making decisions. Finally, guidelines and policies can help provide risk mitigation against possible legal action, but they should not be relied upon as the sole solution to ethical concerns.
Option D is correct.
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What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied
Based on the quantity demanded and supplied of the apartments, the following are true:
Equilibrium rental price = $2,250Equilibrium apartments demanded = 12,500Equilibrium apartments supplied = 12,500What is the Equilibrium price?This refers to the market price at which the quantity supplied to the market is equal to the quantity demanded by the market. Equilibrium price for rentalsThe equilibrium rental price here is $2,250 because at this price, the apartments demanded and those supplied are equal at 12,500.
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A company reported total stockholders' equity of $435,000 on its Dec 31, 2018, balance sheet. The following information is available for the year ended Dec 31, 2019: Revenues: $930,000 Expenses: 495,000 Liabilities, on Dec 31. 2019: 216,000 What are the total assets of the company on December 31, 2019?
The total assets of the company on December 31, 2019, are $1,086,000.
To find the total assets of the company on December 31, 2019, we can use the accounting equation:
Total Assets = Total Liabilities + Stockholders' Equity
Given information:
Total stockholders' equity on Dec 31, 2018 = $435,000
Revenues for the year ended Dec 31, 2019 = $930,000
Expenses for the year ended Dec 31, 2019 = $495,000
Liabilities on Dec 31, 2019 = $216,000
To calculate the change in stockholders' equity for the year 2019, we need to consider the net income (revenues - expenses): Net Income = Revenues - Expenses
Net Income = $930,000 - $495,000
Net Income = $435,000
Now, let's calculate the stockholders' equity on December 31, 2019:
Stockholders' Equity on Dec 31, 2019 = Stockholders' Equity on Dec 31, 2018 + Net Income - Dividends
Stockholders' Equity on Dec 31, 2019 = $435,000 + $435,000 - Dividends
Since the information about dividends is not provided, we'll assume no dividends were paid. Therefore:
Stockholders' Equity on Dec 31, 2019 = $870,000
Finally, we can calculate the total assets:
Total Assets = Total Liabilities + Stockholders' Equity
Total Assets = $216,000 + $870,000
Total Assets = $1,086,000
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