Recently your project had a problem, you were required to make a root cause analysis. This analysis is important to identify the greatest opportunity for improvement.
Based on an construction project, prepare a complete pareto chart and analyse the frequency of causes. Suggest how to encounter it.
Answers
The Pareto chart and analysis are valuable tools for identifying the most significant causes and developing targeted improvement strategies.
Mitigate high-frequency causes: Focus on resolving the causes that occur most frequently, as they have the greatest impact on the project. This might involve implementing better quality control processes, improving communication channels, or providing additional training to workers.
Prioritize high-impact causes: If certain causes have a significant impact on the project, even if they occur less frequently, address them with urgency. Allocate appropriate resources, revise plans, or consider alternative approaches to mitigate their effects.
Continuous improvement: Establish a culture of continuous improvement within the construction project. Encourage feedback from team members, promote open communication, and conduct regular evaluations to identify emerging causes or trends that could affect future projects.
Collaborative problem-solving: Encourage collaboration among all project stakeholders, including contractors, architects, engineers, and suppliers.
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Related Questions
On June 30, Year 3, Vernon Company's total current assets were $502,000 and its total current liabilities were $271,000. On July 1 , Year 3, Vernon issued a short-term note to a bank for $40,800 cash. Required a. Compute Vernon's working capital before and after issuing the note. b. Compute Vernon's current ratio before and after issuing the note. Note: Round your answers to 2 decimal places.
Answers
To compute Vernon Company's working capital before and after issuing the note, we need to calculate the difference between its total current assets and total current liabilities.
Before issuing the note:
Working capital = Total current assets - Total current liabilities
Working capital = $502,000 - $271,000
Working capital = $231,000
After issuing the note:
Working capital = (Total current assets + Cash received from the note) - Total current liabilities
Working capital = ($502,000 + $40,800) - $271,000
Working capital = $542,800 - $271,000
Working capital = $271,800
b. To compute Vernon Company's current ratio before and after issuing the note, we need to divide its total current assets by its total current liabilities.
Before issuing the note:
Current ratio = Total current assets / Total current liabilities
Current ratio = $502,000 / $271,000
Current ratio ≈ 1.85
After issuing the note:
Current ratio = (Total current assets + Cash received from the note) / Total current liabilities
Current ratio = ($502,000 + $40,800) / $271,000
Current ratio = $542,800 / $271,000
Current ratio ≈ 2.00
Please note that the current ratio measures a company's ability to cover its short-term liabilities with its short-term assets. A higher current ratio indicates a better ability to meet short-term obligations.
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In 2010, Georgia went from 13 to 14 representatives. Find the percent of increase in the number of representatives.
Answers
Answer:
Percent change in number of representative = 7.7 % (approx.)
Explanation:
Given:
Number of old representatives = 13
Number of new representatives = 14
Find:
Percent change in number of representative
Computation:
Percent change in number of representative = [Number of new representatives-Number of old representatives]Number of old representatives
Percent change in number of representative = [14-13]/13
Percent change in number of representative = 7.6923
Percent change in number of representative = 7.7 % (approx.)
Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists would try to get more work from people for less pay. Marxism is more durable as a critique of capitalism than as a system for governing. Marx's idea about communism influenced the Russian Revolution in 1917. Marx thought that machines would make life dull and repetitive.
Answers
The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.
Who was Karl Marx?He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.
Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.
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when there is a net loss, the third closing entry would have a debit to owner, capital. question content area bottom part 1 true false
Answers
The third closing entry would debit the owner's capital in the event of a net loss-- True.
A journal entry made at the end of an accounting period is called a closing entry. It involves moving data from the income statement's temporary accounts to the balance sheet's permanent accounts. In the end, all balances on the income statement are transferred to retained earnings.
The process of moving the debit balances from a company's expense account to the income summary is called "closing expense accounts." This includes accounts expenses like rent, interest, and salary. These funds are transferred by accountants by debiting the income summary and crediting the expense account.
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according to auditing standards, the auditor must review evidence that is consistent, but not evidence that is inconsistent with management’s assertions. true or false
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According to auditing standards, the auditor is required to review both evidence that is consistent and evidence that is inconsistent with management's assertions.
Auditing standards emphasize the importance of obtaining sufficient and appropriate audit evidence to support the auditor's opinion on the financial statements. In this process, the auditor is required to gather evidence that is both consistent and inconsistent with management's assertions.
By examining evidence that is consistent with management's claims, the auditor seeks to corroborate the information provided by management. However, it is equally crucial for the auditor to consider evidence that may be inconsistent with management's assertions, as this helps in identifying potential misstatements or discrepancies.
The purpose is to provide an independent and objective evaluation of the financial statements, ensuring that all relevant evidence is considered in the audit process.
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DO NOT ANSWER THIS QESTION
Answers
Answer: ok
Explanation:
what can i do if my total in cash account is not the same in credit and debit side?
Answers
Answer:
Consider which items are meant for debit and credit.
Explanation:
The principle of double entry States that for every debit entries, there must be a corresponding credit entries and vice versa. This principle follow suits when preparing ledger accounts and trial balance.
Trial balance is the arithmetrical accuracy of the ledger. Once double entry principle is adhered to, the trial balance must definitely balance.
Where there are differences, check that items which ought to be debited and credited are correctly done. Also check if correct amount is posted like avoiding transposition error.
Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answers
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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The speed, or rate, of chest compressions when performing cr for all ages is at least ____ times per minute.
Answers
The speed, or rate, of chest compressions when performing CPR for all ages is at least 100 times per minute. When performing CPR (cardiopulmonary resuscitation), it is crucial to maintain a proper rate of chest compressions. The recommended rate is at least 100 compressions per minute.
This means that you should perform chest compressions at a pace of at least 100 compressions in one minute. To give you an idea of the rhythm, you can count the compressions by following the beat of the song "Stayin' Alive" by the Bee Gees. The chorus of this song has a similar tempo to the recommended rate for chest compressions. So, if you can imagine performing chest compressions to the beat of that song, it can help you maintain the appropriate speed.
Remember, the speed of chest compressions is important because it helps maintain blood flow to vital organs and increases the chances of successful resuscitation. So, when performing CPR for all ages, make sure to aim for a rate of at least 100 compressions per minute.
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when you are reading and come to an unknown word what should you do first? a.look for clues in the text b. skip it and keep reading c.look it up in a dictnoiry d.ask the teacher what it means. make sure to have an explanation
Answers
Answer:
I sound it out
Explanation:
and the word is conjunction
One way to demonstrate a potential robber that dollar general employees care about their store is to
Answers
One way to demonstrate to a potential robber that Dollar General employees care about their store is to Option C. keep a clean, in-stock, and recovered store.
By keeping the store clean and organized, the employees are indicating that they care about the appearance and reputation of the store and are committed to keeping it looking its best for customers and the community. A clean and organized store can also indicate that employees are attentive and focused on their work, which can deter potential robbers who may be looking for an easy target.
In addition, a well-stocked and recovered store can indicate that the employees are efficient and skilled at their job, which can also deter potential robbers who may be looking for a vulnerable or disorganized store. Wearing a proper uniform can also demonstrate that employees care about their store, as it shows that they are representing the company and taking pride in their appearance.
Arriving for work on time and being punctual can indicate that employees are committed and dependable, which can also contribute to a positive impression of the store and its employees. Taking breaks on time can also indicate that employees are following company policies and procedures, which can help to maintain a professional and well-managed store.
Overall, demonstrating care and commitment to the store can help to create a positive and professional image of Dollar General, which can deter potential robbers and create a safer and more welcoming environment for customers and employees alike. Therefore, the correct option is C.
The question was incomplete, Find the full content below:
One way to demonstrate to a potential robber that Dollar General employees care about their store is to:
A. Take a break on time
B. Wear a proper uniform
C. Keep a clean, in-stock, and recovered store
D. Arrive for work 10 minutes early
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Which defines room and board? (1 point)
O housing and meals that are often provided at additional cost
O a school that provides training in a specific skill or trade
O an educational institution or establishment, in particular one providing higher education
O monetary support that is used to help pay educational costs
Answers
In contrast to a variety of non formal and informal methods of socialization, education is the field that is concerned with the methods of teaching and learning in schools or environments that resemble schools.
What differentiates knowledge from education?
Knowledge and education are not the same thing. Knowledge is what you know, while education is how you learn it. The facts and information you can remember and use is called knowledge. Education is how we learn new things.
Equity and equality in education, what do you mean?
A system of equality treats everyone the same without giving any consideration to their requirements or needs. As a result, equity is a situation in which every person, regardless of their individual differences, receives the same rights and opportunities.
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Answer:
O housing and meals that are often provided at additional cost
Explanation:
“Room” in Room and Board, meaning
The “room” part can be taken literally it’s basically your college bedroom
and Board refers to the meal plan meaning somewhere that supplies food.
Boom easy answer
Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)
Answers
Controls are designed to mitigate risk and provide reasonable assurance about the achievement of an organization objectives with respect to.
Answers
The achievement of an organization objectives In control is with respect to the operations, reporting and compliance.
What is a Control?This refers to a process that is effected by an entity's board of directors, management, and other personnel.
This process is designed to provide reasonable assurance regarding the achievement of objectives relating to operations, reporting, and compliance.
Therefore, the achievement of an organization objectives In control is with respect to the operations, reporting and compliance.
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What happens when banks borrow from the Fed?
Answers
When banks borrow from the Fed, banks are required to pay back the loan plus interest to the Fed.
Why Banks Borrow Money From The Fed?When banks borrow from the Fed, they are able to increase their reserves and lend out more money to customers. This can help stimulate the economy by providing more loans for businesses and individuals to invest and spend. The Fed sets the interest rate at which banks can borrow, and this rate can influence the overall interest rates in the economy. If the Fed lowers the rate, it can encourage more borrowing and spending, while raising the rate can have the opposite effect. Overall, when banks borrow from the Fed, it can have a significant impact on the economy and the availability of credit besides the fact that the banks are required to pay back the loan plus interest to the Fed.
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Mark wrap with the 20 minute hold time, and any special guest requests.
Answers
When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Answers
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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A startup is considering buying a $340,000 piece of equipment.
If it purchases the equipment, it will take a loan for the entire
amount; the interest on the loan is 2%, and the loan will be repaid
in
Answers
A startup considering purchasing a $340,000 piece of equipment should calculate the total amount to be repaid on the loan.
The interest on the loan is 2%. Also, the startup must calculate if the revenue from using the equipment will cover the cost of the loan before repaying it. The startup should determine whether to purchase or not based on the cost of the equipment and revenue generated by it. Additionally, the startup should research and analyze the pros and cons of purchasing vs. leasing or the renting the equipment to help them make a more informed decision about the investment in the equipment.
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There should be no minimum wage in America. Workers should negotiate their pay! Do you agree with this statement? Why or why not?
Answers
Answer:
Minimum wage is important because it dictates the lowest hourly wage that a worker much be given. If it was removed, corporations may be able to give workers lower than what minimum wage would have been. Corporations also may outright refuse to pay the workers what they want leaving them jobless.
Hope that helps
Lake Company reported beginning and ending Total Assets of $25,000 and $35,000 respectively. The Net Sales for the year were $15,000. What is the asset turnover ratio
Answers
Answer:
0.50
Explanation:
Calculation for What is the asset turnover ratio
Using this formula
Asset turnover ratio=Net sales /Average total assets
Let plug in the formula
Asset turnover ratio=$15,000 / (($25,000 + $35,000)/2)
Asset turnover ratio=$15,000/($60,000/2)
Asset turnover ratio=$15,000/$30,000
Asset turnover ratio= 0.50
Therefore the asset turnover ratio will be 0.50
Getting money to start and run a business is referred to as obtaining
OA. Collateral
OB. Business
OC. Costs
OD. Financing
Answers
Answer:
C bc process of elimination
Explanation:
Brainley is not letting me make an account and I don't know the email so that I can email them!!! helppp!!! plsss
Answers
Answer:
you are using an account right now.
Explanation:
Delta is a multinational company and expects to receive 10,000,000 Japanese yen in 90 days from a Japanese company. You are given the following information: • Delta's 90-day account receivable: JPY10,000,000 Spot rate: JPY107.91/USD Delta's best estimate of the expected spot rate in 90 days: JPY110.61 / USD. • Deposit rate in USD is 2% • Deposit rate in JPY is 7% A. Calculate the 90 days forward rate. [4 marks] B. Calculate how much Delta will receive in 90 days if its position is left unhedged? [4 marks] C. Calculate how much Delta will receive in 90 days if it hedges its position using a forward contract? [4 marks] D. Based on your answer, which position would you recommend? [3 marks]
Answers
A. To compute the 90-day forward rate, we can utilize the financing cost equality recipe:
Forward Rate = Spot Rate * (1 + Unfamiliar Loan cost)/(1 + Homegrown Loan cost)
Given the data gave:
Spot Rate: JPY107.91/USD
Store Rate in USD: 2%
Store Rate in JPY: 7%
We should ascertain the 90-day forward rate:
Forward Rate = JPY107.91/USD * (1 + 7%)/(1 + 2%)
Forward Rate = JPY107.91/USD * 1.07/1.02
Forward Rate = JPY112.29/USD
Consequently, the 90-day forward rate is JPY112.29/USD.
B. To compute the sum Delta will get in 90 days, we want to switch JPY10,000,000 over completely to USD utilizing the spot rate:
Cost in USD = JPY10,000,000/JPY107.91/USD
Sum in USD = JPY10,000,000 * (1 USD/JPY107.91)
Sum in USD = JPY92,695.23
Consequently, assuming Delta's position is left unhedged, it will get roughly USD92,695.23 in 90 days, contingent upon the real spot rate around then.
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Ms. Levebre is the president of a company that makes office supplies. She wants to sell office supplies to the federal government. Where can she find the rules and procedures for doing this?
Federal Register of Rules and Bylaws
Government Purchasing Rules
Federal Acquisition Regulations
U.S. Government Purchasing Rights
Answers
Answer:
Federal Acquisition Regulations
Explanation:
Ms. Levebre can find the rules and procedures for selling office supplies to the federal government in the Federal Acquisition Regulations (FAR). The FAR is a set of standardized guidelines that outline the process for acquiring goods and services from private businesses by the federal government. It provides information on the process for submitting bids, negotiating contracts, and fulfilling orders, as well as other important details related to doing business with the federal government.
Which of the following was not an objective of Article 3 of the Treaty of Rome? A.Dismantle oversight institutions to ensure competition among members is not distorted B.Establish a common transportation policy among the members C.Create a European Social Fund D.Eliminate barriers to the flow of factors of production (including labor)
Answers
The objective of the Treaty of Rome, specifically Article 3, did not include option A: Dismantle oversight institutions to ensure competition among members is not distorted.
The Treaty of Rome, signed in 1957, established the European Economic Community (EEC) and laid the foundation for the European Union (EU). Article 3 of the Treaty outlined several objectives, including the establishment of a common market among member states. However, the specific objective mentioned in option A, dismantling oversight institutions, is not part of Article 3.
The other options align with the objectives outlined in Article 3 of the Treaty of Rome:
B. Establish a common transportation policy among the members: Article 3 aimed to create a common market and promote economic integration, which includes facilitating the movement of goods, services, and people through common policies.
C. Create a European Social Fund: Article 3 emphasized the need for social progress and improvement of living and working conditions. The establishment of the European Social Fund aimed to support this objective by financing various social initiatives.
D. Eliminate barriers to the flow of factors of production (including labor): Article 3 sought to remove obstacles to the free movement of goods, services, capital, and labor among member states to create a unified market.
Therefore, the option that was not an objective of Article 3 of the Treaty of Rome is option A.
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Amerigo grew up speaking both English and Italian with his family, and he believes that knowledge of more than one language is a valuable tool. He also believes that the best way to introduce students to a new language is in small groups or in one-on-one conversations. However, his son’s high school offers only one introductory Italian class, which is usually filled with more than 30 students.
Who could Amerigo work with to help provide one-on-one Italian instruction for students?
a. Amerigo could work with instructional designers, publishers, and public university administrators to provide the books, online resources, and language expertise to the school’s Italian teacher.
b. Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.
c. Amerigo could work with the Italian teacher, instructional coordinators, and school librarians to organize an area in the library that is filled with books about Italy and Italian literature.
d. Amerigo could work with the state and local government and school district administrators to create a program in which high school students are required to take more than one language class.
Answers
Answer:
Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.
Explanation:
got 100% on the unit test
Answer:
The correct answer is B) Amerigo could work with school administrators, the principal, and private tutors to find the time, money, and classroom space for tutors to give after-school Italian lessons.
(well should be)
What are the two dimensions in the DEA strategic matrix? a. Efficiency and profit b. Efficiency and quality c. Profit and quality d. Profit and location.
Answers
The two dimensions in the DEA strategic matrix are efficiency and quality. Efficiency refers to the ability of an organization to utilize its resources effectively to achieve maximum output with minimum input. The Correct answer is option A
In the DEA strategic matrix, organizations are positioned based on their performance in these two dimensions. Those that score high in both efficiency and quality are positioned in the upper right quadrant of the matrix, indicating that they are both efficient and effective in delivering high-quality products or services.
Organizations that score high in efficiency but low in quality are positioned in the lower right quadrant, indicating that they are efficient but may not meet customer expectations in terms of quality. Similarly, organizations that score high in quality but low in efficiency are positioned in the upper left quadrant, indicating that they deliver high-quality products or services but may not be utilizing their resources efficiently.
Finally, organizations that score low in both efficiency and quality are positioned in the lower left quadrant, indicating that they have significant room for improvement in both dimensions. The DEA strategic matrix is a useful tool for organizations to evaluate their performance and identify areas for improvement in terms of efficiency and quality. The Correct answer is option A
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1. Suzie’s Flowers purchases a wide variety of houseplants. One of Suzie's favorites, the large split-leaf philodendron, costs $13.50 from the wholesaler and requires an additional $1.00 per plant to take care of and then package prior to sale. Suzie's normal markup on houseplants is 55%. What would be the retail selling price of a large split-leaf philodendron?
2. A manufacturer sells a 3-person tent to its wholesalers for $59.95. Wholesalers take a markup on the selling price of 15% and sell to retailers who take a markup on selling price of 45%. How much does this tent cost you?
Answers
Answer:
1. Split-leaf philodendron will cost $22.475
2. Consumers will buy the tents at $99.96
Explanation:
1. The split-leaf philodendron costs $13.50 plus $1 to take care of the plant.
the total purchasing cost of the plant is $14.50 ( $13.50 + $1)
If mark-up is at 55%, the selling price will be the cost price plus markp
=$14.50 +( 55% of $14.50)
=$14.50 +(55/100 x $14.50)
=$14.50 + $7.975
=$22.475
Split-leaf philodendron will cost $22.475
2. Manufacturers sell tents at $59.95. wholesalers put a mark-up of 15%.
The wholesaler's price will be?
manufacturers price is 100%, so wholesalers price will be 115%
wholesaler price will be 115% of $59.95
=115/100 x $59.95
=1.15 x $59.95
=$68.94
Wholesalers sell to retailers who put a 45% mark-up for consumers. The retailer's price is equivalent to 100%
Consumers price will be 45% more than retailers, which is 145%
consumers will be 145% of $68.94
=145/100 x $68.94
=1.45 x $68.94
=$99.96
Consumers will buy the tents at $99.96
1. The retail selling price of the large split-leaf philodendron is $22.48.
2. The cost of the tent to final consumers is $93.30.
Data and Calculations:
1. Cost of large split-leaf philodendron = $13.50
Additional care cost per plant = $1.00
Suzie's normal markup = 55%
Retail selling price = $22.48 ($14.50 x 1.55)
2. Cost of tent to wholesalers = $59.95
Wholesalers' markup = 15%
Wholesalers' selling price = $64.34 ($55.95 x 1.15)
Retailers' markup = 45%
Retail selling price = $93.30 ($64.34 x 1.45)
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which of the following measures a company's ability to pay its current liabilities? current ratio inventory turnover earnings per share times interest earned
Answers
The current ratio measures a company's ability to pay its current liabilities.
What is the current ratio?
The current ratio is a financial metric used to evaluate a company's capacity to pay its short-term liabilities or obligations using its existing assets. In other words, the current ratio is a measure of the company's liquidity. The current ratio calculates a company's current assets to its current liabilities.
The formula for calculating the current ratio is: Current ratio = Current assets / Current liabilitiesWhere, Current assets refer to assets that can be easily turned into cash or utilized within a year. Current liabilities refer to debts or financial obligations that must be paid within one year.
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The elements of products that may be changed to meet customer needs are features, usage, and _______. a. qualityb.promotionc.protectiond.production
Answers
The elements of products that may be changed to meet customer needs are features, usage, and C. protection. It is because the market taste is change in the periodic time based on their necessary.
In the term of economic market and also business, The changes in consumer taste generally can be defined as an increase in e-commerce as well as more demand for sustainable and inclusive products. The change in the economic market is the impact of the emergence of Gen-Z who cares more about the environment and social issues, businesses with a vision aligned with them will benefit greatly. The change in the watch market is significant because the market tastes will continue to change, whether by changing in the features, usage, or also protection.
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