Matthew is assessing information about the number of purchases made by loyalty card customers in the past six months at his company. This information is a form of _______ data.
Answers
The information about the number of purchases made by loyalty card customers in the past six months at Matthew's company is a form of "quantitative data."
Quantitative data is numerical in nature and involves the collection and analysis of numerical measurements or counts. It provides information about quantities, amounts, or frequencies and can be expressed in numerical form. In this case, the number of purchases made by loyalty card customers represents a quantitative measure of their purchasing behavior.
Quantitative data allows for statistical analysis and provides insights into patterns, trends, and relationships between variables. By examining the quantitative data on purchases made by loyalty card customers, Matthew can identify important metrics such as average purchase frequency, peak buying periods, or the correlation between purchase frequency and other variables such as customer demographics or promotional campaigns.
This data can be further analyzed using statistical techniques such as mean, median, mode, standard deviation, or regression analysis to uncover insights and make data-driven decisions. Quantitative data is often collected through surveys, transaction records, sensors, or other measurement tools, and it provides a quantitative foundation for businesses to understand customer behavior, make strategic decisions, and evaluate performance based on objective metrics.
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Related Questions
A student will decide to attend class when
A. The Marginal Cost in low
B. The Marginal Benefit of attending exceeds the marginal cost of attending
C. There is an attendance policy
D. The Marginal Benefit is positive
Answers
A student will decide to attend class when there is an attendance policy. Thus, option (c) is correct.
What is policy?The term policy refers to are the rules are the described in the details are the mention. The policy are the making follow to the country and the employees of the company. The policy are the making the company of the solving the issues.
A student was the decided to regularly attend lectures or classes was the main motive to fulfill the attendance policy. The attendance was the necessary to appear in the exam. An attendance was the help to gain good marks in the exams. An attendance policy was the best policy.
As a result, the student will decide to attend class when there is an attendance policy. Therefore, option (c) is correct.
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What do most states use as a general guideline for punitive damages?
A.Four times the amount of special damages
B.One half of the amount paid for proven damages
C.Ten times the amount of special damages
D.An amount equal to special damages
Answers
Answer:
four times
Explanation:
just answered
Answer:
A. Four times the amount of special damages
Explanation:
Which statement is true about risk-based financing?
Answers
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Answers
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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1. If the risk-free return were 4.0% and a security's beta coefficient were 2.0, what would be the required rate of return for the security? 4% 5% 10% 14% 2. If the risk-free return (inflation) increases by 2 percentage points, the required rate of return stays the same for all securities increases the same 2 percentage points for all securities increases for some securities and decreases for others depending on the beta coefficient cannot be determined without more information 3. If the risk-free return (inflation) increases by 2 percentage points, then for the security market line both the y-intercept and the slope remain the same the y-intercept changes and the slope remains the same the y-intercept remains the same and the slope changes both the y-intercept and the slope change
Answers
Answer:
1. Use CAPM to solve
Required Return = Risk Free Rate + beta(market premium)
= 4% + 2(5%)
= 14%
2. Increases the same 2 percentage points for all securities
If the risk-free return increases by 2%, then it would become 6%.
The required return becomes;
= 6% + 2(5%)
= 16%
Required return increases by 2% to 16%.
3. The y-intercept changes and the slope remains the same.
The formula for the Security Market Line is the CAPM formula.
The normal formula for a line takes the form;
y = mx + c
Where c is the y intercept and m is the slope.
The CAPM formula is the same at;
R = rF + brM
The beta is the slope and the risk free rate is the y intercept. If the risk-free rate increases by 2% then the y-intercept will change by those 2 percentage points but the beta will remain the same.
Information related to Harwick Co. is presented below.
A. Prepare the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
B. Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15. Prepare the journal entry to record this payment.
1. On April 5, purchased merchandise from Botham Company for $23,000, terms 2/10, net/30, FOB shipping point.
2. On April 6, paid freight costs of $900 on merchandise purchased from Botham.
3. On April 7, purchased equipment on account for $26,000.
4. On April 8, returned damaged merchandise to Botham Company and was granted a $3,000 credit for returned merchandise.
5. On April 15, paid the amount due to Botham Company in full.
E5-2 General Journal
Date Account Titles Debit Credit
(a)
Apr. 5
6
7
8
15
(b)
May 4
Answers
Answer:
A.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
Cr Cash $19,600
Cr Merchandise inventory $400
B. Dr Accounts payable $20,000
Cr Cash $20,000
Explanation:
A. Preparation of the journal entries to record these transactions on the books of Harwick Co. under a perpetual inventory system.
April 5
Dr Merchandise inventory $23,000
Cr Accounts payable $23,000
April 6
Dr Merchandise inventory $900
Cr Cash $900
April 7
Dr Equipment $26,000
Cr Accounts payable $26,000
April 8
Dr Accounts payable $3,000
Cr Merchandise inventory $3,000
April 15
Dr Accounts payable $20,000
($23,000-$3,000)
Cr Cash $19,600
[$20,000*(100%-2%)]
Cr Merchandise inventory $400
($20,000-$19,600)
B. Preparation of the journal entry to record this payment Assume that Harwick Co. paid the balance due to Botham Company on May 4 instead of April 15.
May 4
Dr Accounts payable $20,000
Cr Cash $20,000
($23,000-$3,000)
Qua E. Differentiate between the terms Public Sector and Private Sector
Answers
Answer:
The Public Sector consists of businesses that are owned and controlled by the government of a country. The ownership and control of the central or state governments in these organisations are either complete or partial. But it still holds a majority stake and makes every single decision regarding running the entity. These organisations include government agencies, state-owned enterprises, municipalities, local government authorities and other public service institutions.
Some of them can be non-profit organisations while others participate in commercial activities as well. It generally focuses on providing goods and services to the general public at relatively cheaper rates than private companies. Its main aim is to ensure the welfare of the general public within a country.
Explanation:
The Private Sector enterprises are owned, controlled and managed either by individuals or business entities. It can be small-scale, medium-scale or even large-scale organisations. These get formed to earn a profit from their business operations, and they can raise funding from individuals, groups, and the general public.
The different entities within the private sector include sole proprietorship, partnership, cooperative societies, companies and multinational corporations. They also focus on taking care of the needs of their customers to survive in the long run. Ever since the introduction of the New Economic Policy in 1991 by the Government of India, almost every industry in the country has opened up to the private sector. It has led to a phenomenal increase in the size of the Indian economy and its growth rates.
The foundation of a marketing plan.
Answers
Answer:
Every marketing plan should include a clear explanation of the market segmentation, target market focus, and a market forecast. To develop an effective plan based on your customers' needs and nature.
When would you want to use qualitative data in a business proposal?
A) when identifying the highest sales via customer demographics on a product
B) when outlining the sales growth percentage for a project
C) when comparing the gross versus net profits of a product
D) when highlighting consumer feedback on a product
Answers
You would want to use qualitative data in a business proposal in option D) when highlighting consumer feedback on a product.
Qualitative data is data that is descriptive and cannot be measured numerically. It is used to gain insights into people's opinions, behaviors, and experiences. In the case of a business proposal, qualitative data can be used to highlight consumer feedback on a product, which can help the business understand how the product is being perceived by consumers and make improvements accordingly.
On the other hand, options A) when identifying the highest sales via customer demographics on a product, B) when outlining the sales growth percentage for a project, and C) when comparing the gross versus net profits of a product, all involve the use of quantitative data, which is data that can be measured numerically. These types of data are used to make calculations and draw conclusions about the financial performance of a product or project.
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You work in a company that has snacks in the kitchen. You realize that a coworker never brings their own food or eats out, but instead eats 5-6 snacks each day. You’re aware that other employees help themselves to snacks, but limit themselves to 1 snack per day.
Answers
In case you worry about your colleague's frequent munching tendencies, try initiating a cordial and objective dialogue without any hint of criticism. Voice your concern regarding their welfare and enquire on how to assist them in choosing healthier snacks.
How should you treat this situation?Additionally, it may be plausible that this coworker has an underlying medical condition or dietary limitation prompting he requires more snack breaks than what is perceived as normal practice. In such cases, supportive understanding will go a long way in the person's psychology boosting.
Furthermore, for workers who only snack once each day, disparities impact different dietary necessities and lifestyle preferences aside from health aspects. Hence, gauging an individual in line with someone else proves futile due to numerous factors at play.
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An elderly investor has a short-term investment time horizon, is very concerned about loss of liquidity and is very risk averse. Your main concern when making a recommendation to this client is: a. preservation of capitalb. safety of principalc. growth of principald. tax benefit
Answers
When making a recommendation to an elderly investor with a short-term investment time horizon, high concern for liquidity, and risk aversion, the main concern should be preservation of capital.
A conservative method of investing called "preservation of capital" places a premium on protecting investors' money and avoiding portfolio losses. The safest short-term investments, such as government securities and certificates of deposit, must be made in order to implement this plan.
This means that the focus should be on protecting the initial investment and avoiding any significant losses. Safety of principal is also important, as it ensures that the investor's funds are secure and protected from market fluctuations. Growth of principal and tax benefits may not be as critical in this scenario, as the investor is prioritizing stability and security over potential gains or tax advantages.
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Can I Plss get some help on this
Answers
The reason the government monitors the size of the money supply is so that they can maintain stability and limit inflation.
Why should money supply be monitored?Money supply impacts the level of inflation in a country and therefore the stability of the nation as inflation is tied to economic stability.
The government would therefore try to maintain a level of money supply that leads to an inflation rate that is not too high or low, but will contribute to economic growth.
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Most economists would agree that the best interests of international business are found in a nation with aMultiple Choice :laissez-faire policy.command economy.free trade policy.planned economy.mercantilist view.
Answers
Most economists would agree that the best interests of international business are found in a nation with a planned economy.
What is a planned economy?
A planned economy, also referred to as a centrally planned economy, is a framework in which the government manages every aspect of the economy, from output to distribution. While this strategy can offer businesses stability and predictability in the short term, it frequently results in inefficiencies and a lack of innovation, which ultimately slows economic development.
Similar to this, a command economy is a system in which the government decides how to distribute resources and conduct all economic activities. This strategy has been linked to poor economic development and a lack of innovation because businesses frequently lack incentives to innovate and compete as a result of the government's control over the economy.
A mercantilist viewpoint is frequently linked to a zero-sum perspective on international trade, which can result in protectionist policies and export-led development.
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Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answers
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
Jared has earned 23% of the $52 he needs to buy a new jacket. Find 23% of $52. Which expression can you use to find 23% of 52? .. 23% of $52 is $.. An easy way to check your answer is to use the friendly and divide 52 by to get ..
Answers
52
Explanation:
52 .................
Answer:
23% of 52= 0.23*52=11.96
Explanation:
American Airlines paid the television producer to be a part of the show. This is known as ...
Answers
if you have nonredundant contacts in your organization, or contacts who do not count each other as part of their respective networks, then you have in your network.
Answers
A nonredundant contact in an organization is a person who does not have any other contact in the same organization or with any other contact in the same network.
This means that the person does not have overlapping networks with any other contact in the organization. This type of contact is essential for ensuring that the organization's networks remain strong and that information is not shared among multiple contacts. Nonredundant contacts also provide the organization with a unique set of insights and ideas that would otherwise be unavailable.
They provide a different perspective to the organization's decision making and can help to ensure that the organization is making the most informed decisions. Nonredundant contacts can also help the organization to stay up to date on the latest industry trends and news. Having a nonredundant contact in an organization can help to strengthen the organization's networks and provide a valuable source of information.
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sarah has a lot of confidence in her team and passes responsibility for many decisions to her team members. she still monitors their progress but is confident in the abilities and motivation to get the job done. which leadership style does sarah display?
Answers
Answer: Delegating
Explanation:
Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00
Answers
Answer: A. 49,200
Explanation: Took test on Edge
Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000
What is the current monthly amount Terry pays?This can be found by the formula:
Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate
Rate is: Number of periods
= 11% / 12 months = 25 x 12
= 11/12% = 300 months
Amount is:
60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%
60,000 = Amount x 102.029043745
Amount = 60,000 / 102.029043745
= $588.07
What is the additional interest Terry will pay?= (Amount Terry pays now - Amount Terry would have paid) x 300 months
= (588.07 - 424.07) x 300
= $49,200
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which economic advantage does eastern europe enjoy because of its location next to russia?
Answers
Which of these is an example of qualitative data?
A. A report on the annual sales for a popular children's toy
B. The results of a survey asking whether someone prefers sweet or
sour candy
C. A graph showing how many times people purchase candles
D. A report on how many items were returned to a major clothing
store
Answers
An opinion leader is likely to be most effective under all of the following conditions except when the?
Answers
e) Except when the follower has opinions and ideals that vary from those of the opinion leader, an opinion leader is more likely to be successful.
A person who has prominence, experience, or exposure in the public sphere and who influences public opinion is known as an opinion leader.
An opinion leader is a person or group that has enough authority or influence over a given topic that businesses and organisations rely on their judgement when making decisions. Because humans frequently consult others for advice in a social setting, opinion leaders are crucial to the flow of information.
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Complete Question:
An opinion leader is likely to be most effective under all of the following conditions except when the
a) follower has high product involvement.
b) follower has low product knowledge.
c) follower has values and attitudes similar to the opinion leader.
d) product details are numerous and complicated.
e) follower has attitudes and values that are different from those of the opinion leader.
How can diversity in the workplace make a company more competitive in a global market?
O Diversity inhibits critical thinking and prevents disagreement among team members about global business
strategies.
O Diversity minimizes group think and can bring new ideas, attitudes, and experiences to the development of global
products and services.
O Diversity promotes global domination of the marketplace.
O Diversity is a moral virtue, and morals are consistent worldwide.
Answers
Answer:
Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies.
Explanation:
Diversity in the workplace increases the competitiveness of the company as it focuses on generating new ideas and developing the goods or services provided globally.
Option B is the correct answer.
What is diversity in the workplace?Diversity is the situation where there are diverse or varied resources present in the workplace.
The companies get a competitive advantage due to the diversity in the workplace. It resulted in the emergence of innovative ideas from the working employees which ultimately lead to the development of products or services provided worldwide.
Therefore, the initiation of new ideas developing the global products which provide competitiveness to the company.
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What are the similarities and differences in the purchasing
functions at a for profit versus a not for profit organization?
Answers
Explanation:
I hope this answer is helpful ):
1. what is the difference between private and governmental not-for-profit organization and who oversees the accounting requirements for each type of organization?
Answers
The degree of public participation is the difference between a private and a governmental not-for-profit organization. The Financial Accounting Standards Board oversees the accounting requirements for each type of organization.
What is the definition of a not-for-profit organization?Organizations that are not for profit do not generate income for their owners. A not-for-profit organization uses all of the money it makes or receives in donations to further its goals and maintain its operations. Members, directors or officers do not receive any of the money.What is the Financial Accounting Standards Board?The Financial Accounting Standards Board is a private organization that develops standards with the goal of establishing and enhancing Generally Accepted Accounting Principles in the United States for the benefit of the general public.
The degree of public participation is the difference between a private and a governmental not-for-profit organization. The Financial Accounting Standards Board oversees the accounting requirements for each type of organization.
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wat is 6x6+63+90-331x5
Answers
Explanation:
Answer:
-1466
Explanation:
Give brainliest and I will do step by step!
Step by step-
6 X 6= 36
-331 X 5= -1655
63 + 90= 153
153 + 36= 189
-1655 + 189= -1466
______ is a toolkit for an entrepreneur to solve complex problems for people.
A)One-on-one interviewing
B)Design thinking
C)Product brainstorming
D)Social media
Answers
Design thinking is a toolkit for an entrepreneur to solve complex problems for people.
Design thinking is a problem-solving approach that helps people and organizations to be creative and innovative. It involves empathizing with people to understand their requirements, creating solutions, and testing the solutions to make sure they fit the context.
A design-thinking framework is utilized by entrepreneurs to solve complicated problems. The following are the steps involved in the design thinking process:
Empathize - Conducting an interview or survey with the target audience to understand their needs. Define - Define the problem based on what was learned during the empathy stage.Ideate - Come up with ideas for solving the problem. Prototype - Develop a prototype to test and validate the ideas. Test - Test the solution to make sure it fits the context. The solution should be improved and refined through testing and prototyping.It is not a straight-line procedure, so the steps might be returned to in order to enhance the design. The most effective entrepreneurs are those who know how to tackle complex issues with design thinking. Entrepreneurs must use a toolkit like design thinking in order to solve complex issues and create goods that meet consumers' needs.
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Prove you know what diminishing marginal utility is by creating an example of your own. Your example
cannot be food related.
Answers
Hi there, I'm not answering this question, sorry.
Your task clearly states you must think of your own example and prove what you know. That's why.
Please, if you're coming onto the Brainly website, at least improve your questions.
Which of the following would be a business selling the same thing in another country?
Answers
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
Furtastic manufactures imitation fur garments. On June 1, 2021, Furtastic made a sale to Willett’s Department Store under terms that require Willett to pay $200,000 to Furtastic on June 30, 2021. In a separate transaction on June 15, 2021, Furtastic purchased brand advertising services from Willett for $22,000. The fair value of those advertising services is $10,000. Furtastic expects that 2% of all sales will prove uncollectible. Prepare the journal entries to record the transactions above. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Answers
Answer and Explanation:
The Journal entry is presented below:-
1. Accounts receivable Dr, $200,000
To Sales revenue $200,000
(Being sales revenue is recorded)
2. Advertising expense Dr, $10,000
Sales revenue Dr, $12,000
To Cash $$22,000
(Being expenses is recorded)
Cash Dr, $200,000
To Accounts Receivable $200,000
(Being cash receipt is recorded)