The pie graph displays the marginal cost and marginal revenue of making apple pies. The marginal income will probably fall to $8.00. The marginal cost is the difference in costs incurred by producing only one additional unit.
What are a few examples of pie graphs?An illustration of numerical proportion that is circular and divided into slices is called a pie chart. Each slice's arc in a pie chart corresponds to the amount it represents in terms of length. An example of this sort of graph is a pie chart, which divides its data into sectors to depict each sector's data separately from the total data in a circular pattern. The proportionate piece of the whole is represented by each of these segments or slices.
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Answer: C correct
Explanation: The marginal revenue will most likely decrease to $8.00.
Lindsay is a personal trainer who works with athletes to get them ready for their events. She helps them learn how to strengthen their muscles and keep their bodies in prime condition so that they will perform at their best. The pathway in the Education and Training cluster that Lindsay’s career falls into is _____.
Answer: Fitness trainer
Explanation:
A fitness trainer is an individual who is responsible for the sole purpose of training individuals on how they can keep their body in fit condition, either for competition reasons, for their health sake or a personal decision by them. Most fitness trainer are paid and they are professionals who have undergone training either by education or have been taught by someone to carry out such practise
Answer:
C. Professionals Support Services
Explanation:
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what is the standard deviation of returns for a portfolio constructed of 50% a and 50% b? round your answer to three decimal places and do not represent your answer as a percent.
Rounding the answer to three decimal places, the standard deviation of returns for a portfolio constructed of 50% A and 50% B is 0.074.
To calculate the standard deviation of returns for a portfolio constructed of 50% A and 50% B, we need to know the standard deviations of A and B, as well as their correlation coefficient.
Let's assume that the standard deviation of A is 0.10, the standard deviation of B is 0.15, and their correlation coefficient is 0.50.
To calculate the portfolio standard deviation, we use the following formula:
Portfolio standard deviation = sqrt[(weight A)^2 x (standard deviation A)^2 + (weight B)^2 x (standard deviation B)^2 + 2 x weight A x weight B x standard deviation A x standard deviation B x correlation coefficient]
Plugging in the values, we get:
Portfolio standard deviation = sqrt[(0.50)^2 x (0.10)^2 + (0.50)^2 x (0.15)^2 + 2 x 0.50 x 0.50 x 0.10 x 0.15 x 0.50] = 0.074
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Which of the following refers to business activities that change the accounting equation?
A) transactions
B) liabilities
C) purchases
D) on account
Answer:
A
Explanation:
Question 19 Which of the following statement is false remote workers typically are too far away from the office to come in most positions considered telecommuting are usually filled by employees close to the office remote work can be temporary or permanent remote work and telecommuting are the same but for different terms Question 20 Which of the following is known as "multi-rater" feedback? 720° appraisal 180° appraisal 360° appraisal 90° appraisal In designing jobs for employee engagement, the Jobs Characteristic Model proposes as one of the five characteristics that jobs should involve performing a whole piece of work from beginning to end. This is known as: task identity task significance autonomy skill variety As a customer centric organization, Disney likes to say, "while no one owns the guest, someone in every case owns the the process the moment OO the role the responsibility
Q19) False: Remote work is not limited to employees far from the office; it offers location flexibility. Q20)Multi-rater feedback is 360° appraisal, and performing a whole piece of work from start to finish is task identity.
Question 19: The statement "remote workers typically are too far away from the office to come in" is false. Remote work allows for flexibility in location and can be performed by individuals regardless of their proximity to the office. This flexibility allows companies to tap into a global talent pool and enables employees to achieve a better work-life balance.
With advancements in technology, remote workers can easily stay connected and collaborate with their colleagues regardless of physical distance. This has proven to be particularly valuable during situations such as the COVID-19 pandemic, where remote work has become essential for business continuity. By embracing remote work, organizations can foster a more inclusive and diverse workforce while also improving employee satisfaction and productivity.
Question 20: "360° appraisal" is known as "multi-rater" feedback. This approach involves gathering feedback from multiple sources, including supervisors, peers, subordinates, and sometimes customers or clients, to provide a comprehensive assessment of an individual's performance.
In designing jobs for employee engagement, the Jobs Characteristic Model suggests that tasks should have a sense of "task identity." This means that employees should be involved in performing a whole piece of work from beginning to end, enabling them to experience a sense of completion and ownership over their tasks.
Disney's customer-centric approach emphasizes that while no one individual owns the guest, someone in every case owns the responsibility for ensuring a seamless and satisfactory guest experience. This highlights the importance of every employee taking ownership of their role and responsibilities in delivering exceptional customer service.
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your father's employer was just acquired, and he was given a severance payment of $305,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a.10.99 b.14.66 c.13.49 d.11.73 e.16.27
The answer is option (b) 14.66 years. A severance payment of $305,000, which he invested at a 7.5% annual rate. He now plans to withdraw $35,000 at the end of each year, starting at the end of this year, and we need to determine how many years will it take to exhaust his funds, i.e., run the account down to zero.
Mathematical expression of the question can be given by:
A=P(1+r)n-1r
where A=$0,
P=$305000,
r=7.5%,
Withdrawal per year= $35000
n= ?
Putting these values in the formula:
A=P(1+r)n-1r0
= 305000 (1+7.5%)n-1 x 7.5%0
= 305000 x (1.075)n -1 x 0.075
First of all, we can simplify the equation by dividing both sides of the equation by 305000.
Doing this we get,0 = (1.075)n -1 x 0.075
Next step is to move the 0.075 to the left-hand side, we get,
0.075 = (1.075)n -1
Now, divide both sides of the equation by 0.075. Doing this we get,(1.075)n -1/0.075 = 14.6603n -1 = 14.6603Taking natural logarithm (ln) of both sidesn -1 = ln (14.6603)n = ln (14.6603) + 1n = 2.6661 + 1n = 3.6661Therefore, he can withdraw $35,000 at the end of each year, starting at the end of this year for 4 years without any interest payment. Therefore, the answer is option (b) 14.66 years.
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The cost of printing a flyer to spread knowledge of an organization that you run is a flat rate of $9 plus $0. 05 per copy. Let c represent the total cost of printing and x represent the number of copies. Write in symbolic form an equation that will relate c and x. Organize the data into a table of values. Begin with 500 copies, increase by increments of 500, and end with 2500 copies. How much would it cost to print 2500 flyers and what equation would you use? a. C = 9 + 0. 05x 2500 flyers will cost $159 c. C = 9. 05x 2500 flyers will cost $27,150 b. C = 9 + 0. 05x 2500 flyers will cost $134 d. C = 9. 05x 2500 flyers will cost $22,625.
The cost of printing a flyer to spread knowledge of an organization that you run is a flat rate of $9 plus $0.05 per copy.
How much would it cost to print 2500 flyers and what equation would you use?
We are given the equation: 9.00+0.05x=C
500 copies:
Equation 9.00+0.05(500)=C
1500 copies:
Equation9.00=0.05(1500)=C
2500 copies
Equation 9.00=0.05(2500)=C
C=9+0.05x=2500 flyers will cost $134
A flyer is a form of printed advertising intended for wide distribution, typically placed or distributed in a public place, delivered to individuals, or mailed. expensive shiny colored flyers. There are also digital flyers, similar to printed ones, but can be shared online.
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What is the main purpose for standardized transactions and code sets under HIPAA?
The main purpose of standardized transactions and code sets under HIPAA is to improve the efficiency and effectiveness of the healthcare system by promoting the use of electronic data interchange (EDI) for healthcare transactions.
Under HIPAA, covered entities such as healthcare providers and health plans are required to use standard transactions and code sets for certain electronic healthcare transactions. Standardized transactions are specific formats for exchanging information between different computer systems, while code sets are standardized codes used to describe medical diagnoses, procedures, and other healthcare services. By standardizing these transactions and codes, HIPAA aims to improve the accuracy, consistency, and efficiency of electronic healthcare transactions while also reducing administrative costs and errors.
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I have to do question A and C for TODAY
someone help me urgent please !!!!
(A) (1) The Four enterprising characteristics/skills displayed by Emer:
InnovationRisk-takingVisionaryEntrepreneurial thinking(ii) Two methods of encouraging intrapreneurship within the business:
Employee empowerment: Allowing employees to have a say in the decision-making process, delegating tasks and responsibilities, and providing them with the necessary resources to implement their ideas can encourage intrapreneurship.Recognition and reward: Recognizing and rewarding employees for their contributions to the business can encourage them to be more innovative and to take initiative in finding new opportunities for the business.(B) Obligations of Emer as business owner to the various stakeholders in the enterprise:
Customers: Emer has an obligation to provide a quality product and service to her customers. She is also responsible for ensuring that the restaurant is safe and hygienic for her customers.Employees: Emer is responsible for providing her employees with good rates of pay and conditions of work. She also has an obligation to provide her employees with training and development opportunities.Suppliers: Emer has an obligation to source produce from reputable suppliers and to pay her bills in a timely manner.Community: Emer has an obligation to be a responsible member of the community in which her business operates. This includes being a good neighbor and being environmentally friendly.Shareholders: Emer has an obligation to maximize shareholder value and to report financial performance honestly.(C) Evaluation of John Doyle's management skills:
Leadership: John is a great team leader and team builder. He leads by example and is able to delegate work effectively to his employees.Problem-solving: John is able to effectively handle any problems that arise with either staff or customers. He is able to sort out issues quietly and efficiently.Communication: John is able to communicate effectively with his staff and customers. He encourages the employees, through fortnightly meetings, to suggest improvements for the business.Motivation: John is able to motivate his staff and build a loyal team. Many staff members have been promoted to positions of responsibility in the business.What are the characteristics about?Innovation: Emer is constantly trying to improve the restaurant's image, profitability, and range of services that it offers. She and John actively encourage the restaurant's employees to suggest improvements for the business and many ideas have been introduced, such as extending the opening hours to include breakfast and catering for outside parties and special events through the online business.
Risk-taking: Emer invested her savings and took out a long-term loan to purchase a restaurant on the south side of Dublin. She was willing to take the risk of starting her own business and has successfully built a profitable enterprise.
Visionary: Emer recognizes the importance of having a loyal customer base for the long-term success of the business. She is constantly striving to improve the restaurant's image, profitability and the range of services that it offers.
Entrepreneurial thinking: Emer is constantly looking for new opportunities and ways to improve her business. She sees the value of her employees' ideas and actively encourages them to suggest improvements for the business.
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Chloe received this email in her spam folder recommending a stock. What aspects of the letter should concern her? Choose four correct answers.
Answer: Edg 2021: A, B, D, E
Explanation:
Customers must register before being allowed to order wine over the Internet so that legal age can be established. You know that the module to verify registration must be written and tested using data from Grapevine's existing database. This new module cannot be tested until the data from the existing system is loaded. You are going to hire a vendor to perform the programming and testing tasks for this module to help speed up the project schedule. Since they'll have access to your customer list and potentially other trade secrets, you'll asked them to sign a nondisclosure agreement. This is an example of which of the following?
A. Procurement documents
B. Standard form
C. Organizational process asset
D. Fixed cost contract
Answer:
D. Fixed cost contract
Explanation:
PLEASE HELP I WILL GIVE BRAINLIEST!!!!!!!!!!!!!!!!!!
Darcy is in charge of selling some old equipment for her company as they clean out their warehouse. A customer offers to pay $6,000 for a set of old printing presses. To ensure she receives the funds, how should Darcy NOT accept payment for these items?
through an electronic funds transfer (EFT)
with cash
with a certified check
with a standard check
the market has an expected rate of return of 12.5 percent. the appropriate risk free rate is 3.25 percent. what is the market risk premium?
The market risk premium can be calculated by subtracting the risk-free rate from the expected rate of return on the market. In this case, the expected rate of return on the market is 12.5 percent and the risk-free rate is 3.25 percent. Therefore, the market risk premium can be calculated as:
Market Risk Premium = Expected Rate of Return - Risk-Free Rate
Market Risk Premium = 12.5% - 3.25%
Market Risk Premium = 9.25%
This means that investors expect to receive a premium of 9.25% for taking on the additional risk of investing in the market compared to the risk-free rate of return they could receive by investing in a risk-free asset. The market risk premium is an important factor in determining the expected return on individual stocks or portfolios, as it represents the additional compensation investors require for taking on market risk.
The Market Risk Premium is the additional return an investor expects to receive by investing in a diversified portfolio of risky assets compared to a risk-free investment, such as government bonds. It is calculated using the following formula:
Market Risk Premium = Expected Market Return - Risk-Free Rate
In your question, you provided the expected market rate of return as 12.5 percent and the appropriate risk-free rate as 3.25 percent. Using the formula above, we can calculate the market risk premium:
Market Risk Premium = 12.5% - 3.25%
Market Risk Premium = 9.25%
Therefore, the Market Risk Premium is 9.25 percent. This means that investors expect to receive an additional 9.25% return for taking on the risk of investing in the market compared to investing in risk-free assets.
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what factors do you believe have contributed to the very large GDP of the United of America compared to that of the most other countries?
Please help!
A Population growth, including immigration. America's population growth results in a younger workforce, which is more adaptable and trainable.
Explanation:
In comparison to most other sophisticated economies, the United of America produces more per person each year. The United States' real GDP per capita in 2015 was $56,000.
In summary, the US continues to be wealthier than its competitors. Yet why?
A growing population, including from immigration. America's population growth results in a younger workforce, which is more adaptable and trainable. There are limitations on immigration to the United States, but there are also unique guidelines that grant access to the country's economy and a route to citizenship (green cards), based on individual skill and corporate sponsorship.
A decentralized political system in which states compete. States compete for enterprises and for individual inhabitants via their legal frameworks and taxation policies. This stimulates entrepreneurship and employment across the nation. In other states, there are no income taxes and union is restricted by labor regulations. For students who live in the state, states offer affordable tuition at top colleges. In terms of their legal liability laws, they also compete.
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Leopardstown Fitness Centre in Dublin is considering the purchase of some new training equipment which has a retail price of €8,600. The club has only €600 available to fund the purchase at this time. Following discussions with its local bank, as well as a sales representative from the suppliers, the centre is faced with the following possibilities.
Rental: Pay a monthly rental of €140 for five years, plus an annual maintenance payment of €150.
Hire purchase: Pay a deposit of €600, plus 60 monthly instalments of €150.
A final payment of €480 must then be paid.
Bank loan: Borrow the amount needed for five years on which interest is charged at a flat rate of 7% per annum.
Calculate the total cost of each option over a five-year period.
Answer:
The cost of each option is as below
Explanation:
Option A: Rental
monthly rental for five years: each month €140
Each year has a maintenance fee of €150.
The total of the rental will be monthly rent plus yearly charges.
One year has 12 months; five years will have = 12 x 5 = 60 months
For 60 months, rental payments will total 60 x €140= €8,400
Yearly charges = €140 x 5 = €700
Total for rental = €700 + €8,400
Total cost for rental = €99, 1100
Option B: Hire purchase
Total for hire purchase will be the deposit plus the total of monthly installments plus the final payment.
The deposit is €600
Total for monthly installments: 60 x €160= €9,600
the final payment is €480
Total for hire purchase= €600 + €9,600, + €480
Total cost for hire purchase=€10,680
Option Bank loan:
cost of the loan will be the principal amount plus the interest charged. Interest is 7% per year for five years. Principal amount is
€8,600
Interest = P x r x t,, since interest on a flat rate
=8600 x 7/100 x 5
=8600 x 0.07 x 5
=€3,010
The cost of the loan is €3,010+€8,600
=€11,610
Economic freedom means more than being able to buy the things you want. It means that you have the freedom to choose _________________________.
Answer:
your career, your employer, and your job location.
Explanation:
The concept of economic freedom means, in addition to the power to choose what to buy due to the variety of goods and services available in a competitive market. Economic freedom in society qualifies the individual as an economic agent capable of using the resources he has to build his professional life, his career and choose his place of work.
Gillette budgeted $200 million in advertising to introduce the Fusion razor to male shavers. Large expenditures like this are often made to stimulate ________ when there are few competitors with the same product
Gillette budgeted $200 million in advertising to introduce the Fusion razor to male shavers. Large expenditures like this are often made to stimulate demand when there are few competitors with the same product.
Large expenditures on advertising, such as the $200 million budget allocated by Gillette to introduce the Fusion razor, are typically made to stimulate demand or create awareness of a new product when there are few competitors with the same product.
This is especially true when introducing a new product into a market with established players, where it can be challenging to gain consumer attention and market share.
By investing heavily in advertising, Gillette can raise awareness of the Fusion razor and create a perception of its superiority over other razors.
They can also create an emotional connection with their target audience, emphasizing the benefits of using the Fusion razor, such as a close, comfortable shave.
Furthermore, by using a large budget for advertising, Gillette can increase their market share by reducing the chances of potential competitors entering the market.
Competitors may be discouraged from entering the market due to the significant advertising costs required to promote their own product.
Overall, advertising plays a critical role in the introduction of new products, particularly when there are few competitors in the market.
By investing in advertising, companies can create demand, gain market share, and establish themselves as a dominant player in their respective industries.
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Have you ever considered designing a program to help people? Here is your chance. Follow the instructions below to design some of the important elements of your own human services program.
Create a mission statement specific to what you are setting out to accomplish.
Consider the following questions and make notes:
What is the need?
Why do people need your organization?
Who will your organization help?
What is your service population?
Where will these services be made available?
How will you inform people of your services?
List Objectives/Tasks
Immediate
Objective 1: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Long Term
Objective 2: How will you complete this task? (Include logic and reasoning behind the objective: how long do you expect it will take your organization to succeed at accomplishing your objective?)
Staff
How many direct service positions are available? What positions are they?
How many program-planning and design positions are available? What positions are they?
How many administrative positions are available? What positions are they?
What is the total number of staff members needed?
Budget
Define the needs of your organization, such as supplies, equipment needed, property, etc. What role will fundraising play in budget planning?
Evaluation
Design a method for monitoring your progress. Explain the details of how you intend to use this tool to ensure that you are on track for accomplishing your goals for your organization.
Name
Finally, after considering the nature of your organization, develop a name for it.
Make a presentation of your organization's mission statement, goals, target population, principles, etc. This can be in the form of a four-hundred-word essay, a three-page outline, or a graphic representation such as a chart.
To create a human services program, you must first develop a business plan that aligns with your needs and then create the mission statement.
How to create a business plan?It corresponds to a document used to identify all the needs of a new business, such as its risks, resources, legal requirements, mission, personnel needs, etc. successful.
The mission statement is developed to be the statement of the identity of a business in the market, that is, it is a summarized document that demonstrates the reason for the existence of the business, who are its stakeholders and what are the company's values.
Therefore, questions like "What is the need?" and "Why do people need your organization?" will serve as a guide that will direct the creation of the business plan and mission statement in a way that is more aligned with your objectives.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
quick will give brainliest Bank A has a liquidity ratio close to 30 percent. This ratio will most likely _____.
not affect the bank’s run-off rate
cause a higher than acceptable run-off rate
cause a lower than acceptable run-off rate
Quick will provide the smartest The liquidity ratio for Bank A is almost 30%. The bank's run-off will probably not be impacted by this ratio.
Quick ratio is a ratio of liquidity?In order to determine a company's ability to meet its immediate financial obligations, analysts and investors use liquidity data called the quick and current ratios.The current ratio is calculated by dividing current liabilities by current assets.The quick ratio only considers highly liquid assets or cash equivalents as current assets.
What is a decent quick ratio?If the company's assets can be turned into cash extremely fast, a ratio of less than 1.5 is less problematic. Although a current ratio of three or four may indicate financial health, it also raises questions about whether a corporation is ineffective at investing the money it does have.
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Two characteristics of an autocratic and democratic leadership style
Answer:
• You have a highly structured working environment.
• You dictate all the working methods and processes.
Explanation:
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how does a Broker relate to investing in Stocks
Answer:
They work for companies that buy stocks and sell them once they grow, stock brokers are the ones who sell the stocks through phone calls.
Restex has a debt-equity ratio of 0.72, an equity cost of capital of 15%, and a debt cost of capital of 8%. Restex's corporate tax rate is 38%, and its market capitalization is $185 million. a. If Restex's free cash flow is expected to be $10 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current market value? b. Estimate the value of Restex's interest tax shield. a. If Restex's free cash flow is expected to be $10 million one year from now and will grow at a constant rate, what expected future growth rate is consistent with Restex's current market value? If Restex's free cash flow is expected to be $10 million in one year, the expected future growth rate is ____%. (Round to two decimal places.) b. Estimate the value of Restex's interest tax shield. Interest tax shield value is $____million. (Round to the nearest million.)
9.46% is the predicted growth rate, in line with Restex's current market value.
The interest tax shield for Restex is worth $8 million (rounded to the nearest million).
a. To determine the expected future growth rate, we can use the Gordon growth model:
Market value = Free cash flow / (Cost of equity - Growth rate)
Rearranging the equation, we get:
Growth rate = Cost of equity - Free cash flow / Market value
Substituting the given values, we get:
Growth rate = 15% - $10 million / $185 million
Growth rate = 9.46%
Therefore, the expected future growth rate consistent with Restex's current market value is 9.46%.
b. The value of Restex's interest tax shield can be calculated using the formula:
Value of interest tax shield = Debt * Cost of debt * (1 - Tax rate)
Substituting the given values, we get:
Value of interest tax shield = 0.72 * $185 million * 8% * (1 - 38%)
Value of interest tax shield = $8.16 million
Therefore, the value of Restex's interest tax shield is $8 million (rounded to the nearest million).
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When it comes to transferring funds and mobile banking, what does it mean to "authenticate" the transaction?.
Answer:
Explanation:
Short answer is when it says to Authenticate the Transaction it means to Make sure that the person is actually you and you are wanting to make the purchase.
THIS IS BUSINESS ENGLISH!
HELP!
What are three characteristics of successful entrepreneurs? (Select three)
A- Creative
B- Young
C- Determined
D- College graduate
E- Enthusiastic
Answer:
Creative
Enthusiastic
Deteined
Which of the following statements are correct?
Select the correct option(s) and click submit.
Agile and Design Thinking are same
Design Thinking is about Product Development. Agile Manifesto is about Software Development
Design Thinking is finding the right things and Agile is about building the right things
Design Thinking is building the right things and Agile is about finding the right things
Submit
Product Development is the focus of Design Thinking. The Agile Manifesto is concerned with software development.
Design Thinking is about discovering the right things, while Agile Manifesto is about creating the right things. Hence, option b) is correct.
Design thinking is a problem-finding methodology, whereas agile is a problem-solving methodology. It requires a high level of end-user empathy and comprehension, as well as an iterative process of developing new ideas, debunking assumptions, and redefinition of problems.
Agile Manifesto and Design thinking fosters a user-centric environment that emphasizes rapid iterations to achieve the best results. Use agile development to collaboratively build solutions to problems identified through design thinking.
Design thinking prioritizes the needs of the user, and Agile is an excellent method for delivering solutions gradually. The user's needs are considered throughout the design and development process.
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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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a large and fundamental division within a religion is a
A large and fundamental division within a religion is a schism. Schisms occur when significant disagreements arise among members of a religious community
These divisions can be based on various factors, such as interpretations of religious texts, theological beliefs, rituals, practices, or even social and political issues. Schisms often result in the formation of distinct sects or denominations within a religion. These sects may have differing doctrines, leaders, worship styles, or organizational structures. The schism may stem from disagreements over fundamental aspects of faith, the role of religious authority, or the direction the religion should take in response to changing times or societal issues. Such divisions can have profound consequences for the religious community, as they may lead to conflicts, competition, or even hostility between the different factions.
In summary, a large and fundamental division within a religion is known as a schism. These divisions can occur due to a wide range of factors and often lead to the formation of distinct sects or denominations. Such schisms can have significant implications for the religious community, shaping its beliefs, practices, and overall identity.
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which bodies are responsible for licensing and overseeing the conduct of certified public accountants (cpas) in the u.s.?
State boards of accountancy and the American Institute of Certified Public Accountants (AICPA) are responsible for licensing and overseeing the conduct of Certified Public Accountants (CPAs) in the U.S.
In the United States, the licensing and oversight of Certified Public Accountants (CPAs) are primarily carried out by two main bodies at the state and national levels: state boards of accountancy and the American Institute of Certified Public Accountants (AICPA).
State Boards of Accountancy: Each state has its own State Board of Accountancy, which is responsible for licensing and regulating CPAs within its jurisdiction. The state boards set the requirements for CPA licensure, which typically include education, experience, and passing the Uniform CPA Examination.
They also oversee the continuing professional education (CPE) requirements for maintaining licensure and enforce ethical standards for CPAs within their state.
American Institute of Certified Public Accountants (AICPA): The AICPA is a national professional organization representing CPAs in the United States. While it does not have direct licensing authority, it plays a crucial role in the oversight and regulation of the profession.
The AICPA sets ethical standards for CPAs through its Code of Professional Conduct, including the Rules of Conduct, the Principles, and the Conceptual Framework.
It also develops and administers specialized examinations, such as the CPA Exam, and provides resources, guidance, and support to CPAs throughout their careers.
Both the state boards of accountancy and the AICPA work collaboratively to ensure the integrity, competence, and professionalism of CPAs in the United States. They play a vital role in maintaining high standards in the accounting profession, protecting the public interest, and upholding the trust and confidence placed in CPAs.
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McGlone Corporation had a 1/1/17 balance in the Allowance for Doubtful Accounts of $40,000. During 2017, it wrote off $28,000 of accounts and collected $8,400 on accounts previously written off. The balance in Accounts Receivable was $800,000 at 1/1 and $960,000 at 12/31. At 12/31/17, McGlone estimates that 5% of accounts receivable will prove to be uncollectible. What should McGlone report as its Allowance for Doubtful Accounts at 12/31/17
Answer:
$48,000
Explanation:
The computation of the amount that should be reported as its allowance for doubtful accounts is shown below
= Ending balance of account receivable × uncollectible percentage
= $960,000 × 0.05
= $48,000
hence, the amount that should be reported as its allowance for doubtful accounts is $48,000
The above formula should be applied