The economic downturn that began in 2008, commonly referred to as the global financial crisis, had several negative consequences, including:
Financial institution failures: The crisis led to the collapse or near-collapse of major financial institutions, including banks, investment firms, and insurance companies. This resulted in significant disruptions to the financial system and raised concerns about the stability of the global banking sector.Stock market declines: Stock markets around the world experienced sharp declines during the crisis, erasing trillions of dollars in market value. Investors suffered substantial losses, leading to a decrease in consumer and investor confidence.Economic recession: The financial crisis triggered a global recession, marked by a significant decline in economic activity. Many countries experienced a contraction in their GDP, rising unemployment rates, and reduced consumer spending. The recession had widespread negative effects on businesses, individuals, and governments, with lasting impacts on job markets and household incomes.Housing market collapse: One of the primary factors that triggered the crisis was the bursting of the housing bubble in the United States. As home prices plummeted, millions of homeowners found themselves with negative equity, unable to meet mortgage payments, and facing foreclosure. The housing market collapse had ripple effects throughout the economy, impacting construction, real estate, and related industries.Government bailouts and fiscal strain: Governments worldwide had to intervene to stabilize the financial system by providing bailouts and financial support to struggling institutions. These actions put a significant strain on public finances and increased government debt levels. Governments implemented various measures, including stimulus packages and austerity measures, to mitigate the effects of the crisis and promote economic recovery.Global economic slowdown: The financial crisis had a domino effect on the global economy, leading to a slowdown in trade and investment. Many countries experienced reduced exports and foreign direct investment, contributing to a broader global economic downturn.Social and human impacts: The economic downturn resulted in job losses, reduced incomes, and increased poverty levels. Many individuals and families faced financial hardship, struggling to meet their basic needs. Social welfare systems were strained, and inequality widened as the most vulnerable populations were disproportionately affected.Overall, the economic downturn that began in 2008 had far-reaching negative consequences, impacting the financial system, economies, businesses, individuals, and governments worldwide. It highlighted the interconnectedness and vulnerabilities of the global economy and triggered significant policy and regulatory changes aimed at preventing similar crises in the future.
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How many people work as box office managers?
Answer:
hmmm like in the world?
Explanation:
Answer: a valid amount of people
Explanation:
Strategic planning requires ________________ to facilitate the process of assessing opportunities or threats from competitors.
Strategic planning requires marketing Analytics to facilitate the process of assessing opportunities or threats from competitors.
What is Marketing Analytics?Please note that this is the study of data to assess the performance of marketing activity.
It strives to uncover market-related insights from data and helps to:
stop or prevent continuous lossesuncover hidden opportunitiesevaluate competitionunder stand consumption patterns and triggers etc.Following from the full question which is attached, the correct answer is B.
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People often plan in business. Strategic planning requires development of an organizational mission statement to facilitate the process of assessing opportunities or threats from competitors.
What is Strategic planningStrategic planning is known to be a kind of organizational management activity that is often done to show priorities, base energy and resources, empowers operations, make sure that employees and the stakeholders are working hard in hand for common goals.
This kind of planning needs the growth or workings of an organizational mission statement to boost the act of looking for opportunities or threats from competitors.
Here, there are establish agreement centers on the intended outcomes or results, and look into and adjust the organization' management.
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Christopher is a licensed sales agent sponsored by Coastal Realty in Corpus Christi, Texas. Jose has been a real estate broker in Playa del Carmen, Mexico, for five years. In that time, Mexico has not required any kind of license or registration to engage in brokerage activity. Christopher has clients interested in purchasing property on the Gulf Coast of Mexico. Christopher has referred his clients to Jose. Can Christopher accept compensation from Jose for referring his clients to Jose
Answer:
Yes.
Explanation:
Christopher can accept referring fee from Jose for clients referred to him but he should disclosed this fee as referring fee since he is a licensed agent. Jose may or may not disclose referral fee paid by him since he is not registered sales agent and Mexico does not require any kind of license for brokerage activity.
Bill smith economic influences
I don't really know of Bill Smith but I know Adam
Smith's best - known ideas formed the basis of economic theory , including the invisible hand theory ( the idea that free - markets coordinate themselves ) , the division of labor ( the idea that people should specialize in specific tasks ) , and the measurement of economic activity ( Gross Domestic Product ) .
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On an indirect method statement of cash flows, a decrease in inventory would be A. deducted from net income B. netted against any decreases in accounts payable C. reflected in the investing activities section D. added to net income
On an indirect method statement of cash flows, a decrease in inventory would be added to net income. This adjustment is made to reflect the increase in cash flow from operating activities.
The indirect method of preparing the statement of cash flows starts with net income and adjusts it for non-cash items to determine the net cash provided by operating activities. When inventory decreases, it implies that fewer goods were purchased or produced during the period, resulting in lower costs of goods sold. This decrease in inventory is a non-cash item because it represents a change in the balance sheet accounts rather than an actual cash outflow. Therefore, to accurately reflect the cash flow from operating activities, the decrease in inventory needs to be added back to net income. By adding it back, the statement of cash flows shows the increase in cash flow resulting from the decrease in inventory. Hence, the correct answer is option D, "added to net income."
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Minimum wage in America should increase. Do you agree with this statement? Why or why not?
What fraction with a denominator of 12 is equivalent to 3/6?
3/6=?
Answer:
6/12
Explanation:
On January 1, year 1, Eber Co. leased equipment under a four-year capital lease. The present value of minimum lease payments is $348,680. The equipment had a five-year economic life and a $20,000 guaranteed residual value. The equipment reverted to the lessor at the end of the lease. What amount should Eber report as depreciation expense at December 31, year 1?
Answer:
$87,170
Explanation:
Calculation to determine What amount should Eber report as depreciation expense at December 31, year 1
Using this formula
Depreciation expense at December 31, year 1=Present value of minimum lease payments /Capital lease years
Let plug in the morning
Depreciation expense at December 31, year 1= $348,680 / 4 years
Depreciation expense at December 31, year 1= $87,170
Therefore Depreciation expense at December 31, year 1 is $87,170
Get Down, Make Love Get Down, Make Love Get Down, Make Love Get Down, Make Love
organizational culture refers to ________
Organizational culture refers to the proper way to conduct and behave within an organization.
Organizational culture refers to the way of behaving within organizations. The organizational culture involves the common beliefs, expectations, values, and practices established by the concerned authority that guide and direct the actions of employees working in the organization. A positive organizational culture is vital to establishing the characteristics necessary for the success of the organization.
Since positive organizational cultures provide a base for improved performance, there are multiple outcomes associated with them such as raising market shares, improving organizational outcomes, boosting work attitude, making customers more satisfied, and increasing the financial performance of the business.
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Write 9.58 times 10^(2) in standard notation. pls help!
its math btw
Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Based on this new information below and our new pay philosphy,
which employees might be motivated by a team incentive?
(Select all that apply)
- Customer service
-Physical Therapist
- Business Develop
Employees in customer service and business development might be motivated by a team incentive.
Which employees might be motivated by a team incentive?In customer service, team incentives can foster collaboration and encourage employees to work together to provide excellent service to customers. It create a sense of camaraderie and shared goals among the team members.
In business development, a team incentive can incentivize collaboration and collective efforts to achieve sales targets, expand the customer base and drive overall business growth.
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an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
A paddle boat company charges $15 rental fee plus $12.75 per hour for rentals. if jimmy has $45, which inequality can he use to determine if he has enough money to rent a paddle boat for 4 hours?
The inequality is 15 + 12.75x ≤ 45 that can he use to pay $45 or less to rent a paddle boat for 4 hours.
What is inequality?Inequality is defined as mathematical statements that have a minimum of two terms containing variables or numbers that are not equal.
We have been given that the paddle boat company charges of $15 rental fee plus $12.75 per hour for rentals. If Jimmy has $45
According to the given problem
⇒ $15 + ($12.75 × hours) = cost
We have to determine the inequality sign (i.e., <, >, ≤, ≥) to represent $45 or less in paddle boat rental costs.
Since Jimmy only has $45, So they can afford to pay $45 or less to rent a paddle boat for 4 hours.
⇒ 15 + 12.75x ≤ 45
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Diaz Company issued bonds with a $90,000 face value on January 1, Year 1. The bonds had a 6 percent stated rate of interest and a 10-year term. Interest is paid in cash annually, beginning December 31, Year 1. The bonds were issued at 97. The straight-line method is used for amortization.
a. Determine the carrying value (face value less discount or plus premium) of the bond liability as of december 31, year 1. b. Determine the amount of interest expense reported on the year 1 income statement. c. Determine the carrying value (face value less discount or plus premium) of the bond liability as of december 31, year 2. d. Determine the amount of interest expense reported on the year 2 income statement.
a. Carrying Value (Year 1): $87,300
b. Interest Expense (Year 1): $5,592
c. Carrying Value (Year 2): $87,909
d. Interest Expense (Year 2): $5,535
a. To determine the carrying value of the bond liability as of December 31, Year 1, first calculate the discount:
Face value: $90,000
Issued at 97%: $90,000 x 0.97 = $87,300
b. Calculate the annual amortization of the discount and the interest expense:
Discount: $90,000 - $87,300 = $2,700
Annual amortization: $2,700 / 10 years = $270
Cash interest payment: 6% of $90,000 = $5,400
Interest expense (Year 1): $5,400 + $270 = $5,592
c. To determine the carrying value as of December 31, Year 2, add the annual amortization to the carrying value at the end of Year 1:
Carrying Value (Year 2): $87,300 + $270 = $87,909
d. Calculate the interest expense for Year 2:
Interest expense (Year 2): $5,400 (cash interest payment) + $270 (annual amortization) - $270 (the reduction in interest expense due to the discount amortization) = $5,535
The carrying values of the bond liability at the end of Year 1 and Year 2 are $87,300 and $87,909, respectively. The interest expenses reported on the income statement for Year 1 and Year 2 are $5,592 and $5,535, respectively.
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Possession utility is most closely related to which part of the marketing mix?
Price
ООО
Product
Place
Promotion
which principle defines how many times something repeats.
The principle that defines how many times something repeats itself is called the repetition compulsion.
This psychological principle was studied by psychoanalyst Freud as an essential component for mental analysis, as the discovery of patterns of repetitive behavior is aimed at the unconscious and instinctive search for:
pleasure and to avoid contempt.Therefore, repetition compulsion is related to repetition of behaviors in the form of dreams and neuroses in the form of the individual unconsciously seeking to assume a slightly more dominant role over an event that may have generated trauma.
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I’m 3 or 4 sentences Describe why the vice president in a company makes a very high salary while a person who work is in Human Resources at the same company make so much lesss
A vice president in a company makes a very high salary while a person who work is in Human Resources at the same company make so much less because the vice president is the experience, and skilled based.
What is Human Resources?Human Resources was the significant role in the management. Human Resources was the involvement of the top to lower level of the management. Human Resources was the hire employees.
According to the case, vice president in a company is high salary as compare to Human Resources because vice president in a company is the top level management, responsibilities, roles, skills, experience is high.
As a result, the conclusion of the case is the aforementioned.
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In logistics, processing deals with which of the following? Information flow and visibility of inventory Where products are stored The movement of goods Manufacturing processes Third-party logistics providers might perform which of the following services? Repairs Final assembly Transportation All of the above Inco terms are a. Used for domestic shipping b. Used for international shipping. c. Are extremely complex d. Both b and c The more expensive the mode of transportation The more controversial it is and the more reliable it is The faster it is and the more controversial it is The more pollution it generates and the faster it is The more reliable it is and the nhore pollution it generates Intermodal transportation: Grew rapidly with the invention of containerization Has to be between rail and truck . Is tough to deal with because containers are not standardized Is a good idea that is not executed well Which of the following are NOT costs associated with having inventory in a warehouse? You acquire holding costs You tie up capital You experience transportation costs You experience product obsolect ence and damage, and loss Cross-docking: Is also known as a flow-through warehouse Moves goods in and assorts shipments and sends them back out with no (or very little) storage Was perfected by Walmart All of the above Which of the following is true about custom brokers? a. They usually own the ships used to transport goods b. They are often referred to as the import connection c. They know all the relevant rulps and regulations to facilitate trade with a country d. Both b and c One consideration improving customer services levels is that Service is not an important way to compete It costs money There is no trade-off-customer service needs to be perfect It increases quality issues Logistics can be an important source of competitive advantage
In logistics, processing deals with information flow and visibility of inventory, where products are stored, the movement of goods, and manufacturing processes.
Third-party logistics providers might perform services such as repairs, final assembly, and transportation.
Inco terms are used for international shipping and can be complex.
The more expensive the mode of transportation, the more reliable it is and the more pollution it generates.
Intermodal transportation grew rapidly with the invention of containerization and involves the combination of rail and truck transport.
Costs associated with having inventory in a warehouse include holding costs, tying up capital, and product obsolescence, damage, and loss.
Transportation costs are not associated with having inventory in a warehouse.
Cross-docking is also known as a flow-through warehouse, where goods are moved in, assorted, and sent back out with little to no storage. It was perfected by Walmart.
Custom brokers are often referred to as the import connection and have knowledge of relevant rules and regulations to facilitate trade with a country.
Improving customer service levels is a consideration in logistics as it can be an important source of competitive advantage, although it does come with costs.
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when prices are rising, the method of inventory valuation that results in the highest relative net cash inflow (including the effects of taxes) is:
Method of Inventory valuation is the process of determining the value of the stock of goods that a company holds for sale. The following are the techniques for inventory valuation that are most frequently employed:
First-In, First-Out (FIFO): This approach makes the assumption that the first items bought are also the first goods sold. Unsold inventory is given a cost based on the most recent purchases.
Last-In, First-Out (LIFO): According to the LIFO approach, the last item bought will be the first item sold. The unsold inventory is given the cost of the earliest acquisitions.
Weighted Average Cost: This method calculates the average cost of all the goods in the inventory and assigns this cost to each unit of inventory.
Specific Identification Method: Under this method, the cost of each individual item of inventory is tracked and assigned to that specific item when it is sold.
Standard Cost Method: This method uses predetermined costs for the products in the inventory, which are adjusted for any variances from the actual cost incurred.
Each of these methods has its advantages and disadvantages, and the choice of method will depend on the nature of the business, the type of goods being held in inventory, and the accounting policies of the company. It is important to use a consistent method of inventory valuation from period to period to ensure accurate financial reporting.
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mention any five methods of doing off season vegetables farming,
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.A firm provided the following data: Accounts Receivable. Allowance for Bad Debts 12/31 Year 1 $ 200,000 $ 20,000 12/31 Year 2 $ 250,000 $ 35,000 $ 2,000,000 $ 15,000 $ 18,000 Credit Sales Sales Returns Sales Discounts Bad Debt Expense $ 50,000 Find the firm's Receivables Turnover Ratio and Days Sales in Receivables
Answer:
The firm's Receivables Turnover Ratio is 8.75 and the Days Sales in Receivables is 41.71 Days (rounded to 2 decimal places).
A firm provided the following data:
Accounts Receivable.
Allowance for Bad Debts 12/31 Year 1 $ 200,000 $ 20,000
12/31 Year 2 $ 250,000 $ 35,000 $ 2,000,000 $ 15,000 $ 18,000
Credit Sales Sales Returns Sales Discounts Bad Debt Expense $ 50,000
Receivables Turnover Ratio is the ratio that indicates how many times the receivables turnover over a year. T
o compute the receivables turnover ratio we divide the Net Credit Sales by Average Accounts Receivable.
Net Credit Sales = Credit Sales - Sales Returns - Sales Discounts = 2,000,000 - 15,000 - 18,000 = $1,967,000
Average Accounts Receivable= (Accounts Receivable Year 1 + Accounts Receivable Year 2) / 2
= ($200,000 + $250,000)/2
= $225,000
Receivables Turnover Ratio = Net Credit Sales / Average Accounts Receivable
= $1,967,000 / $225,000 = 8.75 (rounded to 2 decimal places)Days
Sales in Receivables is the average number of days that the business takes to collect its receivables. It indicates how long it takes to convert its receivables into cash.
The formula to compute the Days Sales in Receivables is given below:
Days Sales in Receivables = 365 / Receivables
Turnover Ratio = 365/8.75
= 41.71 Days (rounded to 2 decimal places)
Therefore, the firm's Receivables Turnover Ratio is 8.75 and the Days Sales in Receivables is 41.71 Days (rounded to 2 decimal places).
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JetBlue Airline company
Issues the company is facing according to the case ( case :
JetBlue). How the case and these issues relate to the chapter
material ( Strategy Management ).
JetBlue Airlines is facing numerous issues that are causing it to lose its value in the airline industry. It faces significant competition, limited revenue, and a lack of diversity.
JetBlue Airlines is a budget airline that offers low fares, convenient travel routes, and excellent customer service. It has become one of the most popular airlines in the United States, thanks to its unique service. Despite its success, however, JetBlue faces several issues that are affecting its performance in the airline industry.
The first issue that JetBlue is facing is intense competition. With so many airlines in the market, JetBlue has to work hard to attract customers. As a result, it has to keep its fares low and offer better services than its competitors.
However, this has caused JetBlue's revenue to be limited, and it has struggled to expand into new markets. Moreover, the airline industry is cyclical, and the demand for air travel can decline due to various reasons such as oil prices or the global economy.
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If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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According to the U.S. Census Bureau, in 1950, 39.3 million families had a child under 18 at home. Suppose a recent study found that number had decreased by 9.3%. How many million families had a child under 18 at home according to this study? Round the number of millions to the nearest tenth.
Answer: 35.7 million
Explanation:
Number of families that have a child of under 18 at home = 39,300,000
Percentage decrease = 9.3% = 0.093
The number of families that had a child under 18 at home according to this study will be:
= 39.3 million - (39.3 million × 0.093)
= 39.3 million - 3.6549 million
= 35.6451 million
= 35.7 million
Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks and then transmit this information to a smartphone. The cost structure to manufacture 20,500 Tri-Robos is as follows. Cost Direct materials ($52 per robot) $1,066,000 Direct labor ($38 per robot) 779,000 Variable overhead ($7 per robot) 143,500 Allocated fixed overhead ($29 per robot) 594,500 Total $2,583,000 Jobs is approached by Tienh Inc., which offers to make Tri-Robo for $116 per unit or $2,378,000.
Answer:
the question is incomplete, so I looked for similar questions (see attached image).
this is a differential analysis that compares two alternative situations:
Make Buy Net income increase
(decrease)
materials $1,066,000 $0 $1,066,000
labor $779,000 $0 $779,000
var. overhead $143,500 $0 $143,500
fixed overhead $594,500 ($405,000) $999,500
purchase price $0 $2,378,000 ($2,378,000)
total $2,583,000 $1,973,000 $610,000
If Jobs decides to purchase the Tri-Robos from Tienh, and it is able to avoid $405,000 in fixed cots, then its operating income should increase by $610,000.
What amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible?
ZERO amount would the insurance company pay for vandalism that does $425 of damage to a home if the insured homeowner has a $500 deductible.
( Because the deductible exceeds the loss or the damage. The loss is $425 and the deductible is $ 500, so here the deductible exceeds the loss hence the insurance company will not pay anything).
People like you pay premiums to insurance companies to cover potential losses related to their property. Insurance companies receive these premiums and aggregate them into money pools. These funds are available to cover losses incurred by pool members.
When you report a car accident to the insurance company, the insurance company will send an adjuster to assess the damage. The expert's first task is to decide whether to classify the vehicle as a total loss. Assuming the vehicle is a total loss, the expert performs a valuation and assigns a value to the vehicle.
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the ____________ guarantees payment for merchandise if the goods are shipped as stipulates in accompanying documents.
The letter of credit guarantees payment for merchandise if the goods are shipped as stipulates in accompanying documents.
A letter of credit, which is also known as a documentary credit, is a legal commitment made by the issuing bank (the bank of the importer), on behalf of the customer (the importer or buyer), to pay the beneficiary or exporter upon receipt of the required documents. Usually, the issuing bank will pay the exporter by using intermediate banks to ease the transaction.
The seller's adherence to the LC's terms and conditions is the only requirement for the bank's payment obligation. Banks exclusively trade in documents—not goods—in LC transactions. The exporter and importer can simply arrange LCs for a single transaction or utilize them for a continuous stream of transactions.
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Identify the three key roles of the scrum process.
multiple select question.
a. Product owner b. Development team c. Product champion
d. Technical lead e. Scrum master
The three key roles of the scrum process includes a. Product owner, b. Development team, e. Scrum master.
What do Scrum processes entail?Scrum is an agile software development methodology that relies on incremental and iterative processes. Scrum is an agile framework that is quick, flexible, adaptable, and effective and is made to provide value to the client throughout the course of the project.
Scrum is a particular kind of agile framework. It is a framework within which people can address complex adaptive problems while maintaining the highest levels of productivity and creativity in the product they deliver. Iterative process is used in Scrum.
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