PA 10-13 (Static) A retailer has annual sales of... A retailer has annual sales of $500,000 and an average finished-goods inventory of $15,000. (Round your answer to 1 decimal place.) If the retailer sells each unit for an average of $25 and purchases the units for $15, what is its annual inventory turnover? turns

Answer:

Elastic demand.

Explanation:

The term elastic demand describes a situation where a small change in price causes a considerable change in demand. In other words, the change in demand is not proportionate to the change in price.

As per the law of demand, an increase in price decreases the quantity demanded. The term elastic in this context means stretching or moving. A good has elastic demand if its demand is highly responsive to changes in price.

In the case of the Blu-ray player, the price changed from $300 to $50. A drop of $250. As a percentage, the price dropped by (250/300 x 100) = 83.3%. The demand increased from 100 to 1000. An increase of 900 units. The percentage increase =(900/100 x 100)=900%.

The demand for Blu-ray is elastic. A price decline of  83% causes the demand to rise by 900%.

The aggregate demand curve shifts when any of the following factors change except for D) the price level. The aggregate demand curve represents the total demand for goods and services in an economy at different price levels.

It illustrates the relationship between the overall level of output (GDP) and the general price level. Shifts in the aggregate demand curve occur when there are changes in factors that influence the total demand in the economy.

Factors such as foreign income, fiscal policy, monetary policy, and expectations about the future can all lead to shifts in the aggregate demand curve. For example, changes in foreign income can affect the demand for a country's exports, thereby impacting aggregate demand. Fiscal policy, which involves government spending and taxation, can also influence aggregate demand through changes in government expenditure or tax rates. Similarly, monetary policy, which involves adjustments to interest rates and the money supply, can impact borrowing, spending, and investment in the economy. Expectations about the future, such as anticipated changes in income or economic conditions, can also affect consumer and business spending decisions, thereby influencing aggregate demand.

On the other hand, the price level does not cause a shift in the aggregate demand curve but rather moves along the curve. Changes in the price level lead to movements along the aggregate demand curve, as they affect the purchasing power of consumers and the cost of production for businesses.

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Answer:

D

Explanation:

The steps that can be taken after the college fair is to continue researching colleges on your own. Therefore, Option D is correct.

Research can be defined as "creative and methodical activity done to improve the body of knowledge."

It entails gathering, organizing, and analyzing data in order to improve understanding of a subject or problem.

Therefore,  The steps that can be taken after the college fair is to continue researching colleges on your own. Option D is correct.

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Quik Mart sells groceries. Rite Price sells groceries and fills prescriptions. The party with the chief responsibility to prevent unsafe food and drugs from being sold is

The US food supply, biological goods, medical devices, cosmetics, and radiation-emitting products are all regulated by the Food and Drug Administration (FDA), which also ensures their safety, efficacy, and security.

The Food and Drug Administration (FDA) is in charge of ensuring the security, safety, and efficacy of biological goods, medical devices, our country's food supply, cosmetics, and radiation-emitting products in order to safeguard the public's health.

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Answer:

Step 1: Identify and define the problem.

Step 2: Generate possible solutions.

Step 3: Evaluate alternatives.

Step 4: Decide on a solution.

Step 5: Implement the solution.

Step 6: Evaluate the outcome.

Answer:

First step: You must identify AND define the problem.

Second Step: You must generate, or brainstorm, possible solutions to your problem.

Third Step: Evaluate your alternatives.

Fourth Step: You must decide on a solution.

Fifth Step: Implement the solution of your choice.

Sixth Step: Finally, evaluate the outcome.

Answer: B. a variety of companies

Explanation:

Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.

On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.

Option B is the correct answer. Excess capacity in monopolistically competitive industries results in equilibrium because each firm's output level is too small to minimize average cost.

Often, we observe an equilibrium state in competitive industries monopolistically due to excess capacity in monopoly. This is generally because each firm's output level is too small to minimize the average cost.

Excess Capacity is a characteristic of natural monopoly or related to any monopolistic competition. This condition generally arises due to increasing demand which forces the firm to invest more in order to expand in lumpy or indivisible portions.

Hence, Option B is correct.

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Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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Answer:

El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios

Explanation:

Answer:

Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.

Explanation:

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Assessing whether the United States has a crime "problem" compared to other advanced and industrialized nations is a complex matter that requires careful analysis and consideration of various factors. It is essential to recognize that crime rates and their comparison can be influenced by numerous socio-economic, cultural, and demographic factors.

Here are some points to consider:

Crime Rates: When evaluating crime levels, it is crucial to examine various crime indicators, such as violent crime rates, property crime rates, or specific types of offenses. Comparative analysis should consider the specific types of crimes and the frequency at which they occur.

Data and Reporting: Comparing crime rates across nations can be challenging due to differences in reporting practices, data collection methodologies, and legal definitions. Variations in crime reporting and recording practices can affect the accuracy and comparability of crime statistics.

Socio-economic Factors: Crime rates are influenced by socio-economic factors such as poverty, income inequality, unemployment rates, educational attainment, and social welfare systems. These factors can vary among countries and have an impact on crime levels.

Cultural and Demographic Differences: Cultural and demographic factors, including population density, diversity, social norms, and attitudes towards crime, can also affect crime rates. These factors can differ significantly among nations, leading to variations in crime levels.

Regarding the definitions of crime and criminal behavior, they are critically important to political entities for several reasons:

Legal Framework: Definitions of crime form the foundation of a country's legal system. They define what actions are considered unlawful and provide guidelines for law enforcement, the judiciary, and the criminal justice system to identify, prosecute, and punish offenders.

Consistency and Fairness: Clear and precise definitions of crime ensure consistency and fairness in the application of laws. It helps prevent arbitrary or discriminatory enforcement and ensures equal treatment under the law.

Public Safety and Order: Defining criminal behavior helps protect public safety and maintain social order. By identifying and categorizing certain behaviors as crimes, governments can establish rules and regulations that help deter individuals from engaging in harmful actions and protect citizens from harm.

Resource Allocation: Accurate definitions of crime assist in resource allocation for law enforcement, judicial processes, and correctional systems. It enables governments to focus their efforts and resources on combating specific types of criminal behavior based on their severity and impact on society.

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To calculate the value of the stock, we can use the Gordon Growth Model. This model states that the value of a stock is equal to the dividend divided by the difference between the required rate of return and the growth rate.

In this case, the dividend is $4.56, the growth rate is 2.84%, and the required rate of return is 13.43%.

Using the Gordon Growth Model, we can calculate the value of the stock as follows:

Value of stock = Dividend / (Required rate of return - Growth rate)

Value of stock = $4.56 / (0.1343 - 0.0284)

Value of stock = $4.56 / 0.1059

Value of stock = $43.07 (rounded to two decimal places)

Therefore, the value of the stock is approximately $43.07.

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B. They all worked for progressive reforms in Texas.

Frances Willard, Thomas Campbell, and Minnie Cunningham were all key figures in the progressive reform movement in Texas during the late 19th and early 20th centuries. These individuals sought to improve society through various initiatives and policies.

Frances Willard was an influential suffragist, educator, and temperance advocate who worked tirelessly to improve women's rights and end alcohol abuse. Thomas Campbell was a governor of Texas who focused on reforming labor laws, improving education, and regulating corporations to ensure fair business practices. Minnie Cunningham was a prominent labor activist and suffragist who campaigned for better working conditions and equal rights for women.

Together, these three individuals were instrumental in shaping the progressive reform movement in Texas, advocating for policies that would positively impact the lives of countless Texans and contribute to a more just society. Their shared commitment to social and political change unites them as champions of progressivism in Texas history.

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Answer:4

Explanation:The total in 4 months would equal 360

4 months will it take you to save enough money to buy your North Face jacket.

What information do we have?

Amount save per paycheck = $45

Amount of jacket = 350 (Missing data)

Amount save per month = 2 × Amount save per paycheck

Amount save per month = 2 × 45

Amount save per month = $90

Number of months need = 350 / 90

Number of months need = 3.88

Number of months need = 4 months

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Home, with 3000 units of labor, can produce 1500 units of coffee or 1000 units of sugar. Coffee has a lower opportunity cost, indicating its comparative advantage.

Home, with 3000 units of labor, produces coffee and sugar. Coffee requires 2 hours of labor per unit, while sugar requires 3 hours. If all labor is used for coffee, Home can produce 1500 units; for sugar, it can produce 1000 units. The opportunity cost reveals that Home must give up 2/3 units of coffee to produce an additional unit of sugar. Thus, Home holds a comparative advantage in coffee production due to lower opportunity cost. Specializing in coffee and trading with Foreign for sugar would maximize overall production and benefit both economies.

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Answer:

7,000 is the answer

Explanation:

When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.

Profit is an incentive earned by a company by selling its products at a price higher than the original cost.

From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.

Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.

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Answer:

Sample response: If the market price of bikes rises from $50 to $60, then the company will want to produce a larger quantity of bikes. This is because the overall marginal revenue is now higher and will be maximized differently. Before profit was maximized at six bikes, now the profit will be maximized by producing more bikes, perhaps seven.

Explanation:

Answer:

Answer C

Explanation:

Answer:C)

Explanation:just got it right<3

The company has a price-earnings (P/E) ratio of 17.6. Option B.

To calculate the price-earnings (P/E) ratio, we need to divide the market price per share by the earnings per share (EPS). The EPS is calculated by dividing the net income by the weighted-average common shares outstanding.

Net income: $90,000

Weighted-average common shares outstanding: 18,000

EPS = Net income / Weighted-average common shares outstanding

EPS = $90,000 / 18,000

EPS = $5

Now, let's calculate the P/E ratio.

Market price per share: $88

EPS: $5

P/E ratio = Market price per share / EPS

P/E ratio = $88 / $5

P/E ratio = 17.6

Therefore, the P/E ratio for the company is 17.6.

The P/E ratio is a valuation ratio that indicates the price investors are willing to pay for each dollar of earnings generated by the company.

A higher P/E ratio suggests that investors have higher expectations for future earnings growth, while a lower P/E ratio indicates lower growth expectations or potential undervaluation.

In this case, the P/E ratio of 17.6 implies that investors are willing to pay 17.6 times the company's earnings per share (EPS) to own the stock. This could be an indication that investors have relatively high expectations for the company's future earnings growth or consider the stock to be relatively expensive compared to its current earnings. Opyion B is correct.

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Answer:

D. Make the decision

Explanation:

The decision needs to be made as soon as possible. Answers B and C both require extra time, which is not an option here. That leaves A and D as possibilities. Answer A makes the least sense of the 4 options (as it would be extremely unprofessional to interrupt a meeting), leaving D as the only reasonable choice.

The amount that James will be needing to deposit in order to achieve his goal will be equal to $25069.

Since the amount is compounded monthly and the formula for compound interest will be expressed as

A = P(1 + r/n)^nt

where, A is the amount, P is the principle, r is the rate of interest, n is the compounding per year and t is the time.

Now we have A = $30000, r = 6% = 0.06, t = 3 and n = 12

$30000 = P(1 + 0.06/12)³⁶

$30000 = P(1 + 0.005)³⁶

$30000 = P(1.005)³⁶

$30000 = P(1.1967)

=> P = $25069 which is the required answer.

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Answer: I don’t really know but I think it will still be popular and lots of people will still play no matter what

Answer:

In terms of video games, yes. Because, everyone can play videogames, but not everyone can compete in physical sports.

Explanation:

I don't need to give an explanation since it's my opinion. So don't report this answer please...

Answer: An apprenticeship

Explanation: Pretty sure that other person had a stroke

We may compare the supplied expression with the accepted equation of simple harmonic motion to get the angular frequency and phase constant of the motion:

x = A cos(t plus )

The following values can be found in the formula x = 7.7 cos(12.7t 2.8), as given:

Intensity (A) = 7.7 cm

Angle frequency is equal to 12.7 rad/s.

Phase factor () = 2.8

The phase constant () denotes the beginning phase or displacement of the motion, while the angular frequency () denotes the speed at which the piston oscillates.

The piston oscillates in a positive direction because the angular frequency () is positive (12.7). Two possible values for the phase constant () correspond to two different beginning displacements: +2.8 and -2.8.

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Answer:

$105,000

Explanation:

Jackie's accounting profit is $105,000 as seen from the question. This is because an addition of her expenses comes in at under $500,000. That is, when you add labor costs, insurance and legal fees as well as rent, she has a remainder of about $105,000.

Cheers

(D) Many products are usually in short supply is one of the following is most typical of a command economy.

A command economy is an economic system where the production and distribution of products and services are planned and managed by a central authority, such as the government. This form of economy is typically linked to nations with socialist or communist governments.

The nations that practice command economies essentially have authoritarian economic frameworks in which political or social hierarchies are completely in charge of making decisions regarding the economy.

Everyone, from large participants in the economy to individual workers, must abide by these decisions that are put into effect by the nation's authorities.

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The process of ensuring that the strategic goals set at the top align with more specific short-term goals at lower organizational levels is known as Aligned goals.

It involves strategic planning of activities in the organization, allocation of resource that is needed to achieve those goals and strategic decisions to be made in achieving the goal.

Therefore, the process of ensuring that the strategic goals set at the top align with more specific short-term goals at lower organizational levels is known as Aligned goals.

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Answer:

Cascading

Explanation:

Over longer periods of time demand curve tends to be "more elastic". The correct option is A.

The demand curve is the curve which shows the relation between the quantity of the products or goods with respect to the price of the products or goods, or the given time period. In case of over longer periods of time demand tends to be more elastic.

The demand curve are of different kinds of curve which are elastic, inelastic, individual and the market curves. The determinants of demand curve which is the price of the goods or services.

The reason to know about more elastic of the demand curve to identify  the income of buyers, the prices of related goods or services, and the tastes or preference of consumers will drive demand.

Therefore, the correct answer is option (A)

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All of the following are true for manager roles at entrepreneurial companies EXCEPT designing and managing control systems. "Associating" skills, a component of discovery skills, can involve all of the following EXCEPT using a minimum viable product approach to start a business.

In the first question, options A, B, and D are all true for manager roles at entrepreneurial companies. Therefore, the correct answer is option C, which states that designing and managing control systems are not true for manager roles at entrepreneurial companies.As for the second question, the four options given are all potential ways "associating" skills can be practiced as part of the discovery process. However, only option C, using a minimum viable product approach to start a business, does not necessarily involve associating with people or ideas outside of oneself. Therefore, the correct answer is option C.

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Patronage motives are particularly important when product offerings from several companies are very similar this is true. Patronage motives refer to the factors that drive consumers to choose  one company or brand over others.

When product offerings from multiple companies are similar, patronage motives become crucial in influencing consumers' purchasing decisions. Patronage motives refer to the factors that drive consumers to choose one company or brand over others. In a situation where product offerings are similar, customers may base their decision on other factors such as brand loyalty, customer service, reputation, convenience, and personal preferences.

These patronage motives play a significant role in distinguishing one company from its competitors and influencing consumer behavior. Companies need to focus on building strong relationships with customers, offering exceptional experiences, and differentiating themselves through various means to attract and retain customers in such a competitive environment. By understanding and leveraging patronage motives, companies can enhance customer loyalty, gain a competitive advantage, and establish long-term relationships with their target market.

Therefore, patronage motives are particularly important when product offerings from several companies are very similar this is true.

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