The sales forecast according to the sales budget for the Standard and Deluxe Product for the quarter is $74,984 and $86,994 respectively.
A sales budget is a financial strategy that projects the entire income of a business over a given time frame. To forecast the performance of the company, it relies on two factors: the volume of products sold and the price at which they are sold.
The sales budget is as follows:
Standard Deluxe Total
April $20,806 $29,714
(101×$206) (83× $358)
May $25,244 $27,208 $52,752
(124×$206) (76× $358)
June $28,634 $30,072 $58,706
( 139×$206) (84× $358)
Quarter $78,984 $86,994
Therefore, a sales budget for each of the three months April through June as well as the total for the quarter is prepared.
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question 6 your stakeholders are concerned about who provided you with feedback about your methods and whether your work is reproducible. which type of objection are they making to your presentation?
The stakeholders are making an objection related to the transparency and credibility of the presented work.
Specifically, they are concerned about the source of feedback on the methods used and the reproducibility of the work.
This objection can be categorized as a "Validity and Reliability" objection or a "Transparency and Reproducibility" objection. Both of these objections question the trustworthiness and robustness of the presented work.
Validity and reliability objections focus on the soundness of the methods used and whether they are appropriate for the given context. Stakeholders may question the accuracy, relevance, or appropriateness of the methods employed in the analysis or research.
Transparency and reproducibility objections pertain to the openness and replicability of the work. Stakeholders may request information about the sources of feedback received, the process of obtaining feedback, and the availability of data and code necessary to reproduce the results independently.
By raising these concerns, the stakeholders are emphasizing the importance of ensuring that the methods used are valid, reliable, and transparent. They seek to understand the credibility and reliability of the presented work, as well as the ability to reproduce the findings, which are essential for making informed decisions based on the results presented.
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Given the current status of the U.S. economy—a slow recovery from a severe, pandemic-induced economic downturn, relatively high unemployment, moderate inflation, and an enormous national debt level—what aggregate demand policy would you recommend as the single most important course of action needed to address the current status of the U.S. economy?
Why do you believe that your recommended course of action will be successful in improving the current performance level of the U.S. economy?
To address the current state of the U.S. economy, implementing expansionary fiscal policy through increased government spending and/or reduced taxes would be recommended. This can stimulate spending, boost aggregate demand, and improve economic performance.
Based on economic principles, during a slow recovery with high unemployment, a recommended aggregate demand policy would be an expansionary fiscal policy. This involves increasing government spending and/or reducing taxes to stimulate consumer and business spending, thus boosting aggregate demand.
Expanding government spending can create job opportunities, leading to increased employment levels. Reducing taxes puts more money in consumers' pockets, encouraging them to spend more, which can further stimulate economic activity. These measures aim to increase overall spending, leading to increased production, job creation, and economic growth.
The effectiveness of expansionary fiscal policy depends on various factors such as the magnitude of the stimulus, timing, and efficiency of spending. It also requires careful management to ensure fiscal sustainability and avoid excessive inflation or further accumulation of the national debt. Implementing such policies alongside measures to address structural issues and promote long-term economic growth can contribute to improving the overall performance of the U.S. economy.
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excel provides _____ in categories such as financial management and budgets.
Excel provides Expenses in categories such as financial management and budgets.
Excel is a Microsoft Office application designed to carry out variation functions, including financial analysis.
Microsoft Excel can be used in many ways. When it comes to finances, it can be used for budgeting or costing before a product or project is made, where each expense is categorized under a different heading.
Microsoft Excel can also carry out a valuation of expenses made, with each expense listed under different categories.
Hence, in this case, it is concluded that Microsoft Excel is a vital tool in financial management.
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What effects did zaha have on guggenheim new york?
The effects that Zaha had on Guggenheim New York is that her current retrospective at the Solomon R. Guggenheim Museum in New York gives ample evidence of her genius. She has been busy and produced a staggeringly impressive body of work that is without equal for its inventiveness. This saved urban space and merges the elements of its surroundings. It also projects a brand new artificial landscape outweighted by funnel-shaped cones. The Solomon R. Guggenheim Museum, often referred to as The Guggenheim, is an art museum at 1071 Fifth Avenue on the corner of East 89th Street on the Upper East Side of Manhattan in New York City.
Who is Zaha Hadid?Dame Zaha Mohammad Hadid DBE RA was a British-Iraqi architect, artist and designer, recognised as a major figure in architecture of the late 20th and early 21st centuries.
Therefore, the correct answer is as given above
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"drawing relevant examples from the extract, discuss
the leadership qualities of Steve Jobs and bring out how his
leadership embodies the nature and elements of leadership
Steve Jobs, the co-founder of Apple Inc., exhibited remarkable leadership qualities that contributed to his success and the transformation of Apple into one of the world's most valuable companies.
Firstly, Jobs demonstrated a visionary leadership style. He had a clear and compelling vision of creating innovative products that would revolutionize industries. For instance, his vision of a user-friendly personal computer led to the development of the Macintosh.Secondly, Jobs possessed strong passion and charisma. He had a relentless drive to pursue excellence and inspire others to share his vision. His charisma and persuasive communication skills motivated employees and stakeholders His leadership embodied several key elements.
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A card issued by a bank that allows users to finance
a purchase.
Credit card
Debit card
Answer: Credit Card
Explanation:
Debit cards allow you to spend money by drawing on funds you’ve deposited at the bank.
Credit cards allow you to borrow money from the card issuer up to a certain limit in order to buy items or withdraw cash.
I hope this helps!
Mozart Music Inc. makes three musical instruments: trumpets, tubas, and trombones. The budgeted factory overhead cost is $3,469,400. Factory overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit:
Budgeted Production Volume Direct Labor Hours Per Unit
Trumpets 4,000 units 1.2 Tubas 1,200 0.9 Trombones 2,500 1.3 a. Determine the single plantwide factory overhead rate.
$ per direct labor hour
b. Use the factory overhead rate in (a) to determine the amount of total and per-unit factory overhead allocated to each of the three products.
Total
Factory Overhead Cost Per Unit
Factory Overhead Cost
Trumpets $ $
Tubas Trombones Total $
To determine the plantwide factory overhead rate, we need to divide the total budgeted factory overhead cost by the total budgeted direct labor hours: a)$380.29 per direct labor hour, b)$3,472,037
Total budgeted direct labor hours = (4,000 units x 1.2 hours per unit) + (1,200 units x 0.9 hours per unit) + (2,500 units x 1.3 hours per unit)
= 4,800 + 1,080 + 3,250
= 9,130 direct labor hours
Single plantwide factory overhead rate = Total budgeted factory overhead cost / Total budgeted direct labor hours
= $3,469,400 / 9,130 hours
= $380.29 per direct labor hour
To allocate the factory overhead cost to each of the three products, we need to multiply the factory overhead rate by the direct labor hours per unit for each product:
Trumpets: $380.29 x 1.2 hours per unit = $456.35 per unit
Total factory overhead cost for trumpets = $456.35 per unit x 4,000 units = $1,825,400
Tubas: $380.29 x 0.9 hours per unit = $342.26 per unit
Total factory overhead cost for tubas = $342.26 per unit x 1,200 units = $410,712
Trombones: $380.29 x 1.3 hours per unit = $494.37 per unit
Total factory overhead cost for trombones = $494.37 per unit x 2,500 units = $1,235,925
Total factory overhead cost = $1,825,400 + $410,712 + $1,235,925 = $3,472,037
Per-unit factory overhead cost:
Trumpets: $1,825,400 / 4,000 units = $456.35 per unit
Tubas: $410,712 / 1,200 units = $342.26 per unit
Trombones: $1,235,925 / 2,500 units = $494.37 per unit
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In our risk rating model example, we looked at a scenario that improved Atlas' risk rating from "Moderate Risk" to "Low Risk". As a result, the RAROC for each of its loan facilities increased significantly. Which of the following changes to the inputs in the RAROC calculation, in response to the improved risk rating, did NOT contribute to this increase in the RAROC? A decrease in capital ratio A decrease in default probability A decrease in loss given default A decrease in capital requirement
Among the given options, the decrease in capital ratio did NOT contribute to the increase in RAROC.
RAROC (Risk-Adjusted Return on Capital) is a measure that evaluates the return on capital adjusted for the associated risk. It is calculated by dividing the expected return of an investment or loan facility by its economic capital requirement.
In the given scenario, the risk rating of Atlas improved from "Moderate Risk" to "Low Risk," leading to a significant increase in the RAROC for each loan facility. This increase in RAROC is typically a result of factors that reduce risk and increase the return on capital.
Let's analyze each option:
A decrease in capital ratio: This refers to a decrease in the proportion of capital held by the bank in relation to its assets. A decrease in the capital ratio would typically increase the RAROC because it allows for higher returns on a smaller capital base. Therefore, it contributes to the increase in RAROC.
A decrease in default probability: A decrease in default probability means that the likelihood of a borrower defaulting on their loan decreases. This reduces the credit risk associated with the loan and increases the expected return. Therefore, it contributes to the increase in RAROC.
A decrease in loss given default: Loss given default refers to the percentage of a loan's value that is expected to be lost if a borrower defaults. A decrease in loss given default reduces the potential loss in the event of default, making the investment less risky and increasing the expected return. Therefore, it contributes to the increase in RAROC.
A decrease in capital requirement: A decrease in capital requirement means that a smaller amount of capital is needed to cover potential losses. This reduces the capital allocation and allows for higher returns on the remaining capital. Therefore, it contributes to the increase in RAROC.
Among the given options, the decrease in capital ratio did NOT contribute to the increase in RAROC. The other three factors mentioned (decrease in default probability, decrease in loss given default, and decrease in capital requirement) all contribute to the increase in RAROC by reducing risk and/or increasing the expected return.
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Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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What are the accounting rules that have substantial authoritative support and are recognized as a general guide for financial reporting purposes in the u. S. ?.
The accounting rules that have substantial authoritative support and are recognized as a general guide for financial reporting purposes in the U.S. are known as Generally Accepted Accounting Principles (GAAP).
These principles provide the framework for how financial statements should be prepared and presented in the United States.GAAP is a set of standard accounting principles, concepts, and procedures that are widely accepted and used in the accounting profession. These principles are meant to provide a consistent and uniform framework for financial reporting, and they are recognized by the Securities and Exchange Commission (SEC) as the standard for financial reporting in the United States. This means that publicly traded companies must adhere to GAAP when preparing their financial statements.GAAP includes several important concepts, such as the accrual basis of accounting, the matching principle, and the going concern assumption.
These concepts help ensure that financial statements are prepared in a consistent and reliable manner. In addition to the basic concepts, GAAP also includes detailed rules and regulations for specific types of transactions and events, such as inventory valuation, revenue recognition, and depreciation of assets.In conclusion, GAAP is the set of accounting rules that have substantial authoritative support and are recognized as a general guide for financial reporting purposes in the U.S. They provide a consistent framework for financial reporting and are recognized as the standard for financial reporting in the United States.
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a monopoly earns total revenue of $5000 when it sells 500 units of output and total revenue of $5400 when it sells 600 units of output. thus, the marginal revenue of the 600th unit is $9. true false
The given statement "a monopoly earns total revenue of $5000 when it sells 500 units of output and total revenue of $5400 when it sells 600 units of output. Thus, the marginal revenue of the 600th unit is $9" is false as it is $4.
Marginal Revenue is the increase in total revenue that results from selling an additional unit of output. Marginal revenue is calculated by dividing the change in total revenue by the change in output. The statement has given the total revenue generated by the monopoly at different levels of output.
The change in total revenue is $400 ($5400-$5000).
Change in output is 100 (600-500).
Marginal Revenue= Change in total revenue / change in output= $400 / 100= $4
Thus, the marginal revenue of the 600th unit is $4, not $9. Therefore, the statement given is false.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Your merchant fee is 2%. Your
customers paid you $120,000
through credit cards. What fee
must you pay the credit card
company?
$ [?]
A fee of $2,400 must be paid to the credit card company. A credit card is intended to be a kind of plastic money that allows you to buy goods on credit and later repay them at a certain rate of interest.
To avoid overspending, please note that if your credit card debt remains outstanding at the end of your credit limit, interest will be charged on the remaining balance.
When a consumer uses a credit or debit card to purchase goods or services from a business, the merchant's bank balance must pay transaction fees known as merchant fees.
The calculation of the merchant fee is
Merchant fee is 2% of $120,000
=2/100 x $120,000
= 0.02 x $120,000
= $2,400
Therefore, the amount paid in fees is $2,400.
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solved baldwin's product bold has an awareness of 72%. baldwin's bold product manager is determined to have more awareness for bold than andrews' product abby. she knows that the first $1m in promotion generates 22% new awareness, the second million adds 23% more and the third million adds another 5%. she also knows one-third of bold's existing awareness is lost every year. assuming that abby's awareness stays the same next year (77%), out of the promotion budgets below, what is the minimum baldwin's elite product manager should spend in promotion to earn more awareness than andrews' abby product?
To determine the minimum amount that Baldwin's product manager should spend on promotion to earn more awareness than Andrews' Abby product, we need to calculate the potential new awareness that each promotion budget would generate for Baldwin's Bold product, taking into account the one-third loss of existing awareness.
Let P be the promotion budget in millions of dollars.
For the first million dollars in promotion, Baldwin's Bold product would gain 22% new awareness, which is 0.72 x 0.22 = 0.1584 after accounting for the loss of existing awareness. The total awareness for Baldwin's Bold product after this promotion would be 0.72 x (1 - 1/3) + 0.1584 = 0.6192.
For the second million dollars in promotion, Baldwin's Bold product would gain 23% more new awareness, which is 0.72 x 0.23 = 0.1656 after accounting for the loss of existing awareness. The total awareness for Baldwin's Bold product after this promotion would be 0.6192 x (1 - 1/3) + 0.1656 = 0.6896.
For the third million dollars in promotion, Baldwin's Bold product would gain another 5% new awareness, which is 0.72 x 0.05 = 0.036 after accounting for the loss of existing awareness. The total awareness for Baldwin's Bold product after this promotion would be 0.6896 x (1 - 1/3) + 0.036 = 0.5292.
To surpass Andrews' Abby product awareness of 77%, Baldwin's Bold product needs to achieve at least 78% awareness. Therefore, we need to solve the following equation for P:
0.5292 + P = 0.78
P = 0.2508
Therefore, the minimum promotion budget that Baldwin's product manager should spend to earn more awareness than Andrews' Abby product is $2.5 million (in millions of dollars), which is the smallest promotion budget that can achieve at least 78% awareness for Baldwin's Bold product.
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Mo has a credit card that gives a 3% discount on every purchase. The annual percentage rate on the card is 12%. He is purchasing an electronic reader for $140. Check all that apply.
-If Mo pays cash, the cost of the purchase will be $140.
-If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.
-If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.
Using an online interest calculator, we find that the total cost of the purchase will be approximately $138.14, not $139.89. So, this statement is false. Rest all apply to the question.
Mo's Financial statement analysis:Hi! I can help you analyze each statement using the terms discount, annual percentage rate, and billing cycle.
1. If Mo pays cash, the cost of the purchase will be $140.
This statement is true. Since Mo is paying cash, there will be no discount or annual percentage rate applied, and the full price of the electronic reader will be $140.
2. If Mo uses the credit card and pays off the balance at $20 a month for 7 months with no late fees, the cost of the purchase will be $139.89.
To determine the cost of the purchase, we first need to calculate the discounted price using the 3% discount.
$140 * (1 - 0.03) = $140 * 0.97 = $135.80
Next, we will calculate the interest on the balance over 7 months.
The monthly interest rate is (12% / 12) = 1%.
Mo's payment plan: $20 a month for 7 months.
3. If Mo uses the credit card and pays the full balance during the billing cycle, the cost of the purchase will be $135.88.
As we calculated before, the discounted price is $135.80. If Mo pays the full balance within the billing cycle, no interest will be applied, and the cost of the purchase will be equal to the discounted price of $135.80, not $135.88.
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Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?
Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.
What is worksheet?
A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.
Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.
In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.
As a result, data consolidation is summarizing data from multiple worksheets.
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If nominal United States GDP in 2009 was $13,973 billion, what was the approximate spending-to-GDP ratio that year?
a. 15%>
b. 20%
c. 25%
d. 30%
The US government spent roughly 25% of its GDP on various programs, including national defense, healthcare, education, and social security.
To calculate the approximate spending-to-GDP ratio in 2009, we need to look at the total government spending during that year. According to the Bureau of Economic Analysis, total government spending in the United States in 2009 was approximately $3.5 trillion. To convert this into a percentage of GDP, we can divide it by the nominal GDP of $13,973 billion and multiply by 100. This gives us a spending-to-GDP ratio of approximately 25%.
This means that in 2009, the US government spent roughly 25% of its GDP on various programs, including national defense, healthcare, education, and social security. It is important to note that this spending-to-GDP ratio can fluctuate from year to year, depending on the state of the economy and the priorities of the government in power.
Understanding the spending-to-GDP ratio is crucial for analyzing a country's fiscal health and its ability to manage its budget. If the ratio is too high, it could lead to inflation, debt, and economic instability. On the other hand, if the ratio is too low, it could indicate a lack of investment in critical areas like infrastructure and education.
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PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
pangbourne whitchurch has preferred stock outstanding. the stock pays a dividend of $4 per share, and sells for $40. what is the percentage cost of the preferred stock? (enter your answer as a whole percent.)
The share value of the favored inventory is 10%.
Calculation is as follow:
Percentage cost of preferred stock = Dividend/Selling price × 100
Percentage cost of preferred stock = $4/$40 × 100
Percentage cost of preferred stock = 10%
What is favored stock?
Preferred stock is a type of inventory that has traits of both shares and bonds. Like bonds, desired shares make cash payouts, frequently at a greater yield than bonds, while presenting higher dividend returns and less danger than frequent stock.
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https://brainly.com/question/18068539#SPJ4Which of the following is NOT a type of financial market?
A. Bond Market
B.Commodities Market
C.Stock Market
D. Capital Market
differentiate between problem solving skills and analytical skills
Explanation:
Analytical skills are kind of problem-solving skill. They allow you to evaluate problems, both simple and complex. This skill incorporates many skills like attention to detail, critical thinking ability, decision-making, and researching skills in order to analyze a question or problem and reach a solution.
Janis owns a hair salon. This week, she made a flyer that offered new customers a 10 percent discount and posted it prominently on the salon’s front door. What aspect of marketing BEST describes the discount Janis is offering? (
1 point) Responses
a.) a promotion
b.) an advertisement
c.) public relations message
D.) a referral program
The part of marketing that BEST characterises the deal Janis is providing is a promotion.(option a)
How would you define marketing?Marketing refers to the act of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services, which may also involve choosing a target audience.
To generate interest in a company's goods or services, marketing's primary goal is to attract customers. This is accomplished by market research, analysis, and consideration of a company's ideal clients' interests, as well as by luring them in with messaging that would be instructive and beneficial to the target market.
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Policies related to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred collectively as _____.
Policies connected to setting interest rates, control of currency supply, and the buying/selling of treasury bonds are referred collectively as Monetary policy
What is monetary policy?
Monetary policy is a set of tools used by a nation's central bank to control the overall money supply and promote economic growth and employ strategies such as changing interest rates and varying bank reserve requirements.
What is monetary policy sample?A central bank, such as the Federal Reserve in the U.S., will use expansionary monetary policy to support an economy. The three key actions by the Fed to boost the economy include a decreased discount rate, purchasing government securities, and a reduced reserve ratio.
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Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.
Answer:
True
Explanation:
It is TRUE that Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards.
This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.
Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.
Convincing a person using appeal and understanding is_____.
Answer:
persuasion or pathos?
in the hvacr trade tubing is joined together by what?
Answer:
Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.
A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. this will result in a(n) ________ in the cash conversion cycle of ________ days.
A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. this will result in a(n) decrease in the cash conversion cycle of 15 days.
The cash conversion cycle measures how long cash runs out as a company invests more in inventory to increase customer sales. It is therefore a measure of the liquidity risk associated with growth.
Cash Conversion Cycle (CCC) is a metric that represents the time (measured in days) it takes a company to convert an investment in inventory and other resources into cash flow from sales.
The cash flow conversion rate measures the efficiency with which a company converts profits into cash. This is a one-step calculation of operating cash flow divided by net income. Good ratio must be greater than or equal to 1
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how is weather useful to our body
Answer:
1. precipation
2. national security
Explanation:
1. Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
2. The stability of the climate is an important factor to human health. Because overall climates are stable for long stretches of time, humans adapt to a given climate. For example, the evolution of light skin from dark was to help humans become more resistant to cold weather and synthesize more vitamin D per each exposure to ultraviolet light as they moved away from the equator to areas where there was less direct sunlight and more cloud-covered days. Rapid climate change could be detrimental to human health because the body cannot adapt quickly enough to changes in the weather and environment.
2.
Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
After reconciling the advance payments, how much Child Tax Credit will Chloe be able to claim on her 2021 federal income tax return
Answer:
i have no idea. i just needed to answer a question sorry to bother and yea ill come back to this answer.
Parker needs money to expand the warehouse. By expanding the warehouse the company will be able to carry a lot more inventory, which will make it possible for them to fill more customer orders much more quickly. This expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%. What type of financing should Parker seek?
Answer:
bank credit
Explanation:
A bank credit is money that is collected from a bank or financial institution that is determined by the ability of the person to repay the loan and the total money the bank has available to pay.
The bank calculates the ability of the person to pay back a certain percentage of the loan over a particular period before disbursement.
In the given scenario Parker's expansion will cost approximately $150,000 in construction costs. Purchasing the additional inventory will cost $50,000. Over the next two years Parker believes this will increase sales 20% and profitability 25%.
The bank will verify the efficacy of these projections and give the loan to Parker