in the US which population group is likely to feel New Opportunities and tourism Healthcare and financial services
a. generation Y and Z
b. singles and newly divorced
c. generation X and Y
d. baby boomers and seniors
e. baby boomers and baby busters
Answers
In the US, the population group likely to feel new opportunities in tourism, healthcare, and financial services is generation Y and Z (option a).
Generation Y (Millennials) and Generation Z (Zoomers) are the population groups that are likely to feel new opportunities in tourism, healthcare, and financial services. These generations, born roughly between the 1980s and early 2010s, have grown up in an era of rapid technological advancements and are more open to embracing new experiences and services.
In the tourism industry, generation Y and Z are more inclined to seek unique and personalized travel experiences. They are often motivated by adventure, exploration, and authentic cultural encounters. This creates opportunities for tourism providers to offer innovative services and cater to the specific preferences of these generations.
In the healthcare sector, generation Y and Z have different expectations and demands compared to older generations. They prioritize convenience, digital access to healthcare services, and personalized care.
Similarly, in the financial services industry, generation Y and Z have distinct needs and preferences. They seek convenience, seamless digital experiences, and personalized financial advice. Fintech innovations, mobile banking, and robo-advisors have gained popularity among these generations, offering new opportunities for financial service providers to cater to their specific requirements.
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Related Questions
Assessment A risk assessment for a country that includes all country risk variables, but excludes factors which are specific to a particular firm. An assessment that focuses on the risk of a country as it pertains to a specific MNC or type of business.
Option:
Micro Assessment of Country Risk Macro Assessment of Country Risk
Answers
Macro evaluation of country risk for a nation that takes into account all country risk indicators, but leaves out those that are unique to a single company. Here option D is the correct answer.
The major objective of a country risk assessment is to evaluate a country's capacity for currency transfers for international payments. Numerous elements, which may be categorized as political, economic, and financial considerations, influence this capacity.
A corporation can examine and identify nation-specific risks with the use of a country risk assessment. Businesses may then assess the potential effect of such risks on their operations and select the best course of action for managing or reducing those risks. It is impossible to emphasize the significance of this kind of country risk analysis.
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An adjusting entry could be made for each of the following except: multiple choice stockholder investments. Accrued expenses. Unearned revenues. Depreciation. Prepaid expenses
Answers
An adjusting entry could be made for each of the following except "stockholder investments." The correct option is A.
The stockholder investments refer to the investment in the company to give funding or partnership. They are not adjusted at the end of an accounting period.
They are not considered to be part of the company's regular operating activities. Adjusting entries are used to record transactions that have occurred but have not been recorded in the accounting system like accruals, deferrals, and depreciation.
Therefore, the correct option is A.
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a furniture manufacturer produces two types of tables (country and contemporary) using three types of machines. the time required to produce the tables on each machine is given in the following table. machine county contemporary total machine time available per week router 1.5 2 1,000 sandler 3 4.5 2,000 polisher 2.5 1.5 1,500 country tables sell for $350, and contemporary tables sell for $450. management has determined that at least 20% of the tables should be country and at least 30% contemporary. a) formulate a linear programming problem for this problem. b) solve the problem in analytic solver and generate a sensitivity report. refer to the sensitivity report in part (b) and answer parts (c)-(f). note: each part is independent (i.e., any change made in one part does not apply to any other parts). c) if the company could get 50 more units of routing capacity, should they do it? if so, how much should they be willing to pay for it? d) if the company could get 50 more units of sanding capacity, should they do it? if so, how much should they be willing to pay for it? e) suppose the polishing time on country tables could be reduced from 2.5 to 2 units per table. how much should the company be willing to pay to achieve this improvement in efficiency?
Answers
The selling price of country table is $350 and the selling price of contemporary table is $450.
Describe Function?A function is a mathematical concept that describes a relationship between two sets of objects, known as the domain and the range. Specifically, a function maps each element in the domain to a unique element in the range, such that each input has only one output.
For example, f(x) = 2x is a function that takes an input value of x and produces an output value of 2x. The domain of this function is all possible values of x, while the range is all possible values of 2x. Since every input x produces a unique output 2x, this function satisfies the definition of a mathematical function.
Functions can also be used in other contexts, such as computer programming, where they describe a specific task or operation that takes input data and produces output data. In this case, a function is a block of code that can be called multiple times with different inputs, producing different outputs each time.
Functions play an important role in various fields, including mathematics, physics, engineering, and computer science. They are used to model and solve problems, analyze data, and create algorithms and software programs. In addition, functions can be used to describe and understand many real-world phenomena, such as the growth of populations, the behavior of physical systems, and the performance of complex systems.
a) Formulating the linear programming problem:
Let x1 be the number of country tables produced
Let x2 be the number of contemporary tables produced
The objective function is to maximize the total revenue:
maximize 350x1 + 450x2
Subject to the following constraints:
Router constraint: 1.5x1 + 2x2 <= 1000
Sander constraint: 3x1 + 4.5x2 <= 2000
Polisher constraint: 2.5x1 + 1.5x2 <= 1500
Country table constraint: x1 >= 0.2(x1 + x2)
Contemporary table constraint: x2 >= 0.3(x1 + x2)
b) Solving the problem in analytic solver and generating a sensitivity
report:
Using the linear programming solver, we obtain the following solution:
x1 = 360, x2 = 540
Total revenue = $441,000
The sensitivity report provides information on how changes in the constraints or objective function coefficients would affect the optimal solution.
c) If the company could get 50 more units of routing capacity, should they do it? If so, how much should they be willing to pay for it?
To answer this question, we can adjust the router constraint by adding 50 units:
1.5x1 + 2x2 <= 1050
Solving the revised linear programming problem, we obtain the
following solution:
x1 = 380, x2 = 520
Total revenue = $441,000
The company should get 50 more units of routing capacity if it costs less than the additional revenue generated. The additional revenue from producing 20 more country tables (380-360) is 20*350 = $7,000. The company should be willing to pay up to $7,000 for the extra routing capacity.
d) If the company could get 50 more units of sanding capacity, should they do it? If so, how much should they be willing to pay for it?
To answer this question, we can adjust the sander constraint by adding 50 units:
3x1 + 4.5x2 <= 2050
Solving the revised linear programming problem, we obtain the following solution:
x1 = 368, x2 = 556
Total revenue = $448,400
The company should get 50 more units of sanding capacity if it costs less than the additional revenue generated. The additional revenue from producing 16 more contemporary tables (556-540) is 16*450 = $7,200. The company should be willing to pay up to $7,200 for the extra sanding capacity.
e) Suppose the polishing time on country tables could be reduced from 2.5 to 2 units per table. How much should the company be willing to pay to achieve this improvement in efficiency?
To answer this question, we can adjust the polisher coefficient for country tables from 2.5 to 2:
maximize 350x1 + 450x2 + 0.5x1
Solving the revised linear programming problem, we obtain the following solution:
x1 = 360, x2 = 540
Total revenue = $441,000
The company would not benefit from reducing the polishing time on country tables as the optimal solution remains the same. Therefore, the company should not be willing to pay anything for this improvement in efficiency.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answers
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
PLEASE HELP ME!! please, please,, please explain how you got it, thank you
Answers
Answer:
I think the second one.
1/10 cookies per pizza
At the beginning of the current year, Martin Corporation purchases 20% of the outstanding shares of Foster Company for $200,000 which gave Martin the ability to significantly influence Foster. The price paid reflected Foster's book and fair values of its assets and liabilities. During the current year, Foster reports net income of $25,000 and declares dividends of $15,000. At the end of the current year, what amount should Martin report as investment income from its ownership of Foster's shares?
Answers
Answer:
$5,000
Explanation:
Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares
Using this formula
Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased
Let plug in the formula
Amount to be reported as investment income=$25,000 x 20%
Amount to be reported as investment income= $5,000
Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000
Pro-Racquets has a bill of lading for an order of 10,000 tennis rackets it will be exporting to a foreign distributor. The company takes this bill of lading to the local bank and uses it to obtain funds to hold the company over until final payment is received from the foreign distributor. In this situation, the bill of lading is being used as _______.
Answers
Answer:
A security
Explanation:
A security is defined as an item that holds financial value and represents ownership of a property by the holder. It is used as a means of gaining some financial assistance.
The security acts something a creditor can use to get back their money in case the debtor fails to pay up.
In this case Pro-Racket takes the bill of lading to the local bank and uses it to obtain funds to hold the company over until final payment is received from the foreign distributor.
The Bill of lading here has been used as a security to obtain a loan from the bank
treasury stock was purchased and recorded as an asset. this error would cause
Answers
If treasury stock was mistakenly purchased and recorded as an asset, it would result in an error in the financial statements. Specifically, it would cause an overstatement of assets and shareholders' equity.
Treasury stock represents shares of a company's own stock that have been repurchased from shareholders. It is considered a contra-equity account and is deducted from shareholders' equity.
When treasury stock is incorrectly recorded as an asset, it inflates the total assets on the balance sheet. This can mislead stakeholders and investors by giving the impression that the company has more assets than it actually does. It can also distort financial ratios and metrics that rely on accurate asset values.To correct this error, the erroneous entry would need to be reversed, and treasury stock should be recorded as a reduction in shareholders' equity. By adjusting the accounting records and financial statements, the company can provide a more accurate representation of its financial position and maintain the integrity of its financial reporting.
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- RBT Requirements Coordinators are responsible for:
•Direct supervision of an RBT only
•All supervision activities of RBTs across an organization
•Administrate paperwork associated with RBT supervision only
•Only activates associated with RBT supervisors
Answers
Answer: All supervision activities of RBTs across an organization
Explanation:
A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.
RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.
Identify the financial option you think most buyers would use for the selected vehicle.
Lease.
Finance.
Answers
Based on the given options, if most buyers were to choose a financial option for the selected vehicle, it is likely that they would use financing.
Financing involves taking out a loan to purchase the vehicle and making monthly payments over a specified period of time until the loan is paid off. This option allows the buyer to eventually own the vehicle outright.
Leasing, on the other hand, involves renting the vehicle for a specific period of time, typically a few years, and returning it to the dealership at the end of the lease term. Leasing can offer lower monthly payments but does not result in ownership of the vehicle.
While both options have their own advantages and considerations, financing is generally the more common choice for buyers who wish to own the vehicle in the long term.
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Current liabilities are $10,000, long-term liabilities are $20,000, common stock is $50,000, and retained earnings totals $70,000. How much is total stockholders' equity?
Answers
Total equity of stockholders' is $120,000
Stockholders' equity, also known as shareholder's equity or owners' equity, is the portion of a company's assets that is owned by its shareholders. It is calculated by subtracting total liabilities from total assets. In this case, current liabilities are $10,000, long-term liabilities are $20,000, common stock is $50,000, and retained earnings totals $70,000. To calculate total stockholders' equity, (Common stock and retained earnings are both elements of stockholders' equity. Common stock of $50,000 plus retained earnings of $70,000 equals $120,000 in stockholders' equity.) This means that the total stockholders' equity is $120,000. It is important to note that this amount represents the residual interest in the assets of the company after deducting all its liabilities.
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__________is found by multiplying the price per share times the number of shares of common stock outstanding.
Answers
The value of common stock is found by multiplying the price per share by the number of shares of common stock outstanding.
The value of common stock represents the total market value or equity value of a company's outstanding common shares. It is determined by multiplying the price per share by the number of shares of common stock outstanding.
Value of Common Stock = Price per Share × Number of Shares of Common Stock Outstanding
For example, if a company has 1,000,000 shares of common stock outstanding and the price per share is $50, the calculation would be:
Value of Common Stock = $50 × 1,000,000 = $50,000,000
In this example, the value of the common stock would be $50 million.
The value of common stock is determined by multiplying the price per share by the number of shares of common stock outstanding. This calculation provides the total market value or equity value of a company's common shares.
It is an important metric for investors and represents the ownership stake in the company held by common stockholders.
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An asset has an average return of 11.00 percent and a standard deviation of 21.06 percent. What range of returns should you expect to see with a 95 percent probability?
Answers
To determine the range of returns that you should expect to see with a 95 percent probability, we need to use the concept of standard deviation and the normal distribution. According to the empirical rule, if a variable is normally distributed, approximately 95 percent of the data will fall within two standard deviations of the mean.
In this case, the return is 11.00 percent and the standard deviation is 21.06 percent. Therefore, we can calculate the range of returns using the following formula:
Range of returns = (Average return - 2 * Standard deviation, Average return + 2 * Standard deviation)
Substituting the values, we get:
Range of returns = (11.00 - 2 * 21.06, 11.00 + 2 * 21.06)
Simplifying, we get:
Range of returns = (-31.12, 53.12)
The range of returns you should expect to see with a 95% probability is between -30.28% and 52.28%.Therefore, with a 95 percent probability, you can expect to see returns in the range of -31.12 percent to 53.12 percent. To find the range of returns with a 95% probability for an asset with an average return of 11.00% and a standard deviation of 21.06%.
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which of the following is not a good reason to form a family partnership? multiple choice no gift tax is due on the transfer non-voting interests can be given to younger family members to ensure the older generation maintains operational control a buy-sell agreement can ensure that all ownership interests are retained in the family income can be shifted to lower-tax-rate individuals
Answers
The reason that is not a good reason to form a family partnership is: no gift tax is due on the transfer.
Forming a family partnership can be an effective way to manage and transfer family assets, but it's important to understand the reasons and implications behind such a decision. While the other three options provided (non-voting interests, maintaining operational control, and income shifting) can be valid reasons for forming a family partnership, the statement "no gift tax is due on the transfer" is not a sufficient reason on its own. The formation of a family partnership should not solely be motivated by avoiding gift taxes. While transferring assets through a family partnership may have gift tax benefits, the primary focus should be on the operational and strategic aspects of the partnership, such as maintaining control, succession planning, and tax efficiency.
Family partnerships are typically formed to facilitate effective management and control of family-owned assets, provide a framework for generational transfers, and ensure continuity in the family business or wealth management. Non-voting interests can be given to younger family members to gradually involve them in the partnership's operations while maintaining control with the older generation. A buy-sell agreement can help establish a mechanism for the smooth transition of ownership within the family. Income shifting to lower-tax-rate individuals can be achieved through proper tax planning and structuring.
In summary, forming a family partnership should be based on the strategic and operational needs of the family, rather than solely focusing on avoiding gift taxes. Gift tax implications should be considered as part of a comprehensive approach to family wealth and business management.
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What is the monthly difference in median income for a female with a high school diploma and some college versus a bachelor's degree?
Answers
The difference in median income for a female with a high school diploma and some college versus a bachelor's degree is significant. According to the U.S. Bureau of Labor Statistics, in 2020, the median weekly earnings for women with a high school diploma and some college was $760, while for women with a bachelor's degree, it was $1,198.
This translates to a monthly difference of $1,912 ($760 x 4 weeks = $3,040 vs. $1,198 x 4 weeks = $4,792).
This data highlights the importance of pursuing higher education, particularly a bachelor's degree, for women who want to increase their earning potential and financial stability. However, it's important to note that this difference in income is just a median and does not take into account other factors such as industry, experience, and location. Women with a high school diploma and some college education can still earn a high income in certain fields or through gaining experience and skills.
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Knowing the laws about protecting employees and the environment are, and following them, is an example of how to deal with this type of risk.
2 points
strategic risk
compliance risk
financial risk
operational ris
Answers
Answer: compliance risk
Explanation:edg2021
C- Compliance risk relates to following the appropriate laws applicable on the specific organisation and reporting them to the respected authority.
Laws are the most basic yet mandatory compliance and following them is important as misbehavior will lead to penalties and punishments. Laws also refer to the base of functioning of an organisation in a particular way.
A business is subject to various risks depending upon its scale and nature of business. Laws relating to employee protection refers to igloo the rights of employees and providing them aid at different aspects of life.Not only the employees but their families also need to be protected and taken care of by ways such as providing them insurances, education to their children, healthcare aid and timely salaries to the employees.It should also be noted that, protection of environment is equally important. The organisation should function as per the limits provided in the laws and comply with them. No harm shall be caused to the environment over and above the limit .Hence, the correct option is C compliance risk relates to protection of employees and the environment.
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Which one of the following actions is LEAST likely to increase labor productivity by an amount that is large enough to result in lower labor costs per pair produced at a particular plant?
a. Increasing the percentage of total compensation that comes from piecework incentives (up to a maximum of 50%)
b. Actions to reduce the number of models/styles produced at a plant from 350 to 150 (workers are more and can assemble more pairs annually when assembling a smaller number of models)
c. Increasing total compensation per employee $ per year to a level that is slightly above the industry average
d. Spending for best practices training for plant workers but not spending so much as to result in big overspending
e. Increasing worker base pay by the allowed maximum of 15% each and every year until the company's base pay compensation per employee exceeds the total compensation per employee $ per year of all other com
Answers
The action that is least likely to increase labor productivity by an amount that is large enough to result in lower labor costs per pair produced at a particular plant is e. Increasing worker base pay by the allowed maximum of 15% each and every year until the company's base pay compensation per employee exceeds the total compensation per employee $ per year of all other
company
What is labor productivity?Real output per labor hour, which is the unit used to define labor productivity, is how growth in labor productivity is calculated. Growth in labor productivity allows workers to produce more goods and services for a given number of work hours than they otherwise could.
Real economic output per labor hour is the definition of labor productivity, also referred to as workforce productivity.
A country can only sustain real wage increases without losing its competitiveness if its labor productivity grows, making it the key to higher living standards. Production and employment are related by labor productivity. It does not only gauge labor's unique contribution. The ability to maximize profit through labor productivity when the employer increases the base pay by a maximum of 15% each and every year, it is least likely that the labor productivity will increase.
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3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answers
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
Answers
Answer:
increase
Explanation:
The customers of a monopoly have different prices they are willing to pay to get the monopoly's product.
In a single price monopoly, there are customers that are not willing to buy the product at the price the monopoly sets even if they are willing to pay more than the cost to create the product.
In a single price monopoly, there are customers that are willing to pay more for the product than the price the monopoly sets.
When a monopoly shifts from single price to perfect price discrimination, the monopoly gets additional profit from both of these customers. In perfect price discrimination, there will be additional profit from
- the additional customers who were not willing to buy the product when it was a single price monopoly.
- the customers who were willing to pay more for the product than the price that was set in a single price monopoly
The invisible hand refers to the:__________
a) fact that the U. S. Tax system redistributes income from rich to poor.
b) notion that, under competition, decisions motivated by self-interest promote the social interest.
c) tendency of monopolistic sellers to raise prices above competitive levels.
d) fact that government controls the functioning of the market system
Answers
The idea that self-interested actions advance societal interest under competition is known as the "invisible hand." Smith referred to this as the "invisible hand."
What exactly is a business example interest?Protecting an employer's trade secrets or sensitive information, a company's reputation, and potential or existing clients are a few examples of legitimate commercial interests. Protecting an employee from public competition is one thing that doesn't constitute a valid business interest.
Why does interest matter in business?In a market economy, interest fulfils a number of important roles. The most prominent example of this coordination between savers and borrowers is when borrowers are compelled to pay interest so as to loan additional money in order to increase their current spending.
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Redeye Inc. is a successful, medium-sized operation that markets two products - widgets and pidgets. The company’s management is considering expanding its customer base. The firm thus hires a marketing consultant to prepare some estimates for the establishment. Below are the estimates prepared by the consultant:
The amount of new customers: 2,222
Projected yearly retention rates are:
Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5
90% 60% 70% 80% 90% 100%
Projected acquisition costs (per customer): $1,000
Yearly retention costs (per customer): $185
Desired rate of return: 25%
The campaign will run for one year (Year 0)
The Present Value Interest Factors (PVIF) based on a 25% rate of return are:
Yr 0 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5
PVIF (20%) 1.000 0.800 0.640 0.512 0.410 0.328
The consultant also indicates to management that she expects all the operating revenue and costs patterns to be the same for these acquired customers as for those already serviced. Based on historical patterns the average customer buys 10 widgets and 5 pidgets per year. One widget sells for $50, while a pidget sells for $30. Historically, a widget costs the company 50% of the selling price and a pidget 60%. From year three (3) widgets costs will go to 55% and pidget costs to 65% of their respective prices. Based on the company records, defecting customers are expected to default on their bills, so the establishment will incur yearly bad debts of 15% of the revenue from widgets and 20% of that from pidgets. These bad debts are recognised in the same year in which the customers default.
It has been found that 20% of customers make referrals to the establishment yearly. The value of these referrals is calculated as a one-time amount that is directly attributed to the profits. Based on historical data each person referred purchases 5 widgets and 6 pidgets a year. The referrals do not incur any bad debts.
Based on the above information, management of Redeye Inc. asks you to calculate the per customer CLTV in dollars and to give a brief recommendation concerning the feasibility of the program.
Answers
The per customer CLTV for Redeye Inc. is approximately $3,105.64.
To calculate the Customer Lifetime Value (CLTV), we need to estimate the cash flows associated with each year of the customer's relationship with the company and then calculate the present value of those cash flows.
Here are the steps to calculate the CLTV:
Calculate the annual revenue per customer:
Widgets: 10 widgets/year * $50/widget = $500/year
Pidgets: 5 pidgets/year * $30/pidget = $150/year
Calculate the annual cost per customer:
Widgets: Year 0-2: 50% of selling price ($50) = $25/widget
Year 3-5: 55% of selling price ($50) = $27.50/widget
Pidgets: Year 0-2: 60% of selling price ($30) = $18/pidget
Year 3-5: 65% of selling price ($30) = $19.50/pidget
Calculate the annual profit per customer:
Year 0-2: Revenue - Cost = $500 - ($25 + $18) = $457/widget
Year 3-5: Revenue - Cost = $500 - ($27.50 + $19.50) = $453/widget
Calculate the annual profit per customer for pidgets:
Year 0-2: Revenue - Cost = $150 - $18 = $132/pidget
Year 3-5: Revenue - Cost = $150 - $19.50 = $130.50/pidget
Calculate the present value of the cash flows:
Year 0: Acquisition Cost = $1,000 (PVIF = 1.000)
Year 1-5: Retention Cost + (Profit - Bad Debt) (PVIF)
Year 1: $185 + ($457 - 0.15 * $457) * 0.800 = $513.10 (PVIF = 0.800)
Year 2: $185 + ($457 - 0.15 * $457) * 0.640 = $453.79 (PVIF = 0.640)
Year 3: $185 + ($453 - 0.15 * $453) * 0.512 = $394.08 (PVIF = 0.512)
Year 4: $185 + ($453 - 0.15 * $453) * 0.410 = $345.60 (PVIF = 0.410)
Year 5: $185 + ($453 - 0.15 * $453) * 0.328 = $309.47 (PVIF = 0.328)
Calculate the present value of referrals:
Referral Value = (Revenue per customer - Cost per customer) * Referral Rate * PVIF
= ($500 - $25 - $18) * 20% * 0.800 = $89.60
Calculate the CLTV per customer:
CLTV = Acquisition Cost + Sum of PVs of annual cash flows + Present Value of Referrals
= $1,000 + ($513.10 + $453.79 + $394.08 + $345.60 + $309.47) + $89.60
= $3,105.64
Recommendation: Based on the calculated CLTV, it appears that the customer acquisition program has a positive return on investment. The estimated CLTV per customer is higher than the acquisition cost, indicating that the program has the
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Colorado Corporation was organized at the beginning of the year, with the investment of $250,000 in cash by its stockholders. The company immediately purchased an office building for $300,000, paying $210,000 in cash and signing a three-year promissory note for the balance. Colorado signed a five-year, $60,000 promissory note at a local bank during the year and received cash in the same amount. During its first year, Colorado collected $93,970 from its customers. It paid $65,600 for inventory, $20,400 in salaries and wages, and another $3,100 in taxes. Colorado paid $5,600 in cash dividends.
Required:
1. Prepare a statement of cash flows for the year.
2. What does this statement tell you that an income statement does not?
Answers
Based on the given figures for Colorado Corporation, the statement of cash flows for the year would be:
Cash flow for Operating Activities
Cash from customers 93,970
Less:
Cash for inventory 65,600
Salaries and Wages 20,400
Taxes 3,100 ( 89,100)
Net Cash from Operating Activities 4,870
Cash flow from Investing Activities
Purchase of office building (210,000)
Net cash used for Investing Activities (210,000)
Cash flow from Financing Activities
Issuance of Common stock 250,000
Note Payable 60,000
Dividend payment (5,600)
Net cash from Financing Activities 304,400
Net increase in cash 99,270
Opening cash balance 0
Closing cash balance 99,270
What does the statement of cash flows show?It shows transactions that involve actual cash being spent or gained by the company.
This allows Colorado Corporation to know the actual amount of cash it has for operations.
An Income statement on the other hand, shows the transactions that a business gets involved in regardless of whether they involve actual cash or not. This means that it cannot show the actual amount of cash that a business has.
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What is effective about the body of this message? check all that apply. establishes credibility begs the question ties facts to reader benefits uses circular reasoning
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The body of the message is effective because it establishes credibility and ties facts to reader benefits.
1. Establishing credibility: The body of the message may include evidence, testimonials, or expert opinions that support the claims being made. By presenting this information, the message builds trust and credibility with the reader, making them more likely to believe and accept the message's content.
2. Tying facts to reader benefits: In an effective message, the body should clearly explain how the presented facts or information benefit the reader. By linking the facts to specific advantages or benefits for the reader, the message becomes more persuasive and compelling.
Using circular reasoning and begging the question are not effective aspects of the body of the message. Circular reasoning refers to an argument that assumes the conclusion it is trying to prove, while begging the question assumes a statement is true without providing evidence. These logical fallacies weaken the credibility and effectiveness of the message.
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Define a Small Scale Enterprise as per ‘MSMED Act, 2006’.
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Explanation:
the Government of India has in acted, small and medium enterprises development (MSMED) Act, 2006 in terms of which the definition of micro, small and medium enterprises is an enterprise where the investment in plant and machinery is more than rate 25 lakh but does not exceed rate.
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
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Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in which three of the following cases?
1. Using Simplified Acquisition Procedures above or below the micro purchase threshold against Federal Supply Contract vehicles
2. At or below the micro purchase threshold from any vendor
3. At or below the micro purchase threshold against Federal supply Schedule contracts, FedMall, or other ordering systems that are authorized in component procedures
4. Above or below the micro purchase threshold against contract vehicles issued for the component by a contracting officer that contain a provision authorizing order and payment by the Governmentwide Commercial Purchase Card
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Component procedures may authorize DoD Governmentwide Commercial Purchase Card Ordering Officers to make purchases up to the simplified acquisition threshold in option 1, 3 and 4.
What is the Simplified Acquisition Threshold?The simplified acquisition threshold (SAT), which in federal acquisition is seen or is one that is expressed as the anticipated award value of a contract, is the financial number above which contracting officers are instructed to solicit and award contracts using streamlined methods.
Note that the Commercial Purchase Card for the Government as a Whole - The Purchase Card is used as a convenient way to spend money while buying products and services. It is given to approved agency employees and resembles a commercial credit card in nature. It is not the same as the Government Travel Card.
Therefore, in context of the above, one can say that a program that manages a component is known as a component procedure (or procedure). A component procedure may be used to install, remove, or manage a component.
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Josh runs a kayak rental company in Florida keys. his career would fall under the education and training career cluster true or false.
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Answer:
The answer is False
clearwater electronics is revising its strategic hr plan and comparing employment needs to the level of sales. the company has recently seen a 30 percent increase in sales, and the salespeople say that they anticipate an increase soon of 70 percent. however, the hr director, who oversees the hr planning process, does not believe the company will need to hire 70 percent more employees to meet the projected sales numbers. how can a simple linear regression, as part of the hr planning process, help the hr director make a more accurate determination of projected staffing needs?
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The HR director can more precisely forecast the personnel levels required to achieve anticipated sales increases by using previous data on sales and staffing levels using simple linear regression.
What strategic goals does Clearwater Electronics have?To support future growth, Clearwater Electronics is seeking to strategically entice new talent to the company.
What task has the HR director at Clearwater Electronics been given?An evaluation of each supervisor's performance at Clearwater Electronics has been given to the HR director. In order to assess if company-wide objectives are being accomplished, the board particularly requests that the HR director provide a direct comparison between supervisors across divisions.
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Help me ITs EASY TAKE A LOOK
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Answer:
a) Employees (Staff)
Chief Executive officer (Owner)
b) Government
Share holders
How will you be able to become the cost leader of the market in which you deal?
A.
by focusing on customer loyalty
B.
by analyzing your competitive advantage and identifying which strategy works best for your business
C.
by concentrating on serving a particular segment of customers better
D.
by producing a product that has a higher perceived value to the customers when compared to the already existing products
E.
by producing your goods at the lowest price in the market
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Answer:
well it would be A i think
Explanation:
Answer:
E. by producing your good at the lowest price in the market
Explanation:
Plato