the most significant cost for a service firm is direct labor cost.
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Main answer: The most significant cost for a service firm is direct labor cost. In addition to these factors, it's important for service firms to consider various other expenses, such as insurance coverage, to protect their assets and mitigate potential risks such as fire insurance.
Explanation: The most significant cost for a service firm is direct labor cost because the employees provide the service that the firm offers to customers. The cost of labor includes wages, salaries, benefits, and other expenses associated with employee compensation. Direct labor cost can be either fixed or variable, depending on the type of service provided and the number of employees needed to deliver that service.In a service business, the cost of labor can be the largest expense item on the income statement. It is therefore important for managers to carefully manage labor costs in order to maximize profitability.
This may involve measures such as optimizing staffing levels, improving employee productivity, or reducing wage and benefit costs. The most significant cost for a service firm is direct labor cost because it involves the employees providing the service that the firm offers to customers. It includes wages, salaries, benefits, and other expenses associated with employee compensation. In a service business, the cost of labor can be the largest expense item on the income statement, which is why it is crucial for managers to carefully manage labor costs. They can do this by optimizing staffing levels, improving employee productivity, or reducing wage and benefit costs. Direct labor cost can be either fixed or variable, depending on the type of service provided and the number of employees needed to deliver that serve
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The statement that the most significant cost for a service firm is direct labor cost is true.
What is direct labor cost?The number of workers required to run the process, the pay paid which engage all costs to the manufacturer of hiring a worker as well as paid operating time all affect direct labor costs.
It is not necessary to be aware of the specific prices associated with each and every work since a service company does not have a sizable inventory. Direct labor expenditures are a service company's biggest expense. Labor hours are typically the key factor influencing indirect expenses for service businesses.
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complete question;
True /false the most significant cost for a service firm is direct labor cost.
Related Questions
when a beam of light strikes a rough surface, it reflects at (21) angles, producing
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When a beam of light strikes a rough surface, it reflects at different angles, producing a diffuse reflection.
Diffuse reflection refers to the reflection of light from a surface that is not smooth. The light is reflected at various angles, causing the rays to scatter in various directions instead of reflecting back in a single direction. Diffuse reflection occurs when light hits a rough surface, such as a piece of paper or a textured wall. The light is diffused and scattered rather than being reflected in a single direction.
When light reflects off a smooth surface, such as a mirror, it reflects in a single direction, producing a clear, well-defined reflection. When light strikes a rough surface, on the other hand, it is scattered in various directions, producing a diffuse reflection. Therefore, when a beam of light strikes a rough surface, it reflects at different angles, producing diffuse reflection.
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Case Study Gizmo
Orange Company was based out of Southern California and was doing remarkably well considering that only 10 years earlier the company had been merely a hobby for Sam Wilkerson. Sam was fascinated by taking apart computers, adding memory, then putting them back together. He never expected that his weekend hobby would turn into one of the highest-earning computer companies in the world. The company’s relaxed atmosphere encouraged creativity and product innovation. The developers were never afraid to try something new. In fact, it was one of these highly experimental projects that led to their newest product: a smart phone that can do it all—simultaneously surf the Internet, text message, do voice recognition note taking, and play music and movies, while still maintaining superior functioning for making telephone calls. With no buttons to get in the way, only a touch screen, it was unlike anything seen on the market.
Although the management at Orange felt that their new smart phone—named Gizmo—would be well received by consumers as innovative and cutting edge, they had concerns. They were not sure about their target market, the marketing strategy, and the resulting supply chain implications. These decisions were directly tied to their pricing strategy and had capacity and delivery implications. Who would be their target market, and how would they price the product given its abundant features? Should the product be targeted to business professionals or students or the public in general? If the Gizmo did significantly better than expected, could their supply chain handle the added demand?
Orange was considering partnering with the largest mobile service provider in the industry, Random Wireless, for exclusive distribution. This would mean that they could utilize an already established distribution channel for their first smart phone release. Orange believed that this would mean significant distribution savings and the ability to reach a wider market. They would also be able to provide service support at many locations. However, there were also disadvantages to going through one exclusive distributor.
Orange knew that they had a wonderful product, but the key to success would be good marketing, an excellent distribution network, and a reliable supply chain. They had some decisions to make.
1. Identify at least two different possible target markets for the Gizmo. How would the marketing strategy differ for each target market? How would the pricing strategy and the volume sold change? Identify the supply chain implications for each target market.
Answers
Possible target markets for the Gizmo smartphone could be business professionals and students.
Marketing strategy for business professionals:
Focus on the Gizmo's ability to efficiently manage multiple tasks, increase productivity and save time.Emphasize its sleek design and the absence of physical buttons, making it easier to use during business meetings.Highlight the compatibility with corporate email systems and the advanced security features to protect sensitive data.Market through professional networks, trade shows, and industry publications.Marketing strategy for students:
Emphasize the Gizmo's ability to multitask and access entertainment features, making it an ideal device for studying and leisure time.Highlight the large storage capacity for music and movies, high-quality sound and image, and ease of use for social media.Use social media, influencers, and college campuses for marketing.Pricing strategy and volume sold would vary depending on the target market. The Gizmo could be priced higher for business professionals as they are willing to pay a premium for advanced features and security. In contrast, the student market is more price-sensitive and may require a lower price point to appeal to them.
The supply chain implications for each target market would also differ. The business professional market would require a reliable and efficient supply chain to meet their demand for fast and secure technology.
This would involve partnering with suppliers who can provide advanced components and establish a high level of quality control. For students, the supply chain would need to be geared towards mass production and distribution to meet the high volume demand at a lower cost.
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hurry please!!!giving brainliest!
Answers
Answer:
A
Explanation:
if a single firm dominates an industry, this is known as ; if a few large firms share that dominance, this is known as . a monopoly; an oligopoly an oligopoly; a monopoly a monopoly; monopolistic competition pure competition; monopolistic competition
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When a single firm dominates an industry, it is known as a monopoly. On the other hand, when a few large firms share the dominance of an industry, it is referred to as an oligopoly. These terms describe different market structures with varying degrees of competition and concentration of market power.
A monopoly occurs when a single firm has exclusive control over the supply of a product or service in a particular market. This means that there are no close substitutes for the firm's product, and it has significant market power. In a monopoly, the firm can control prices, restrict output, and potentially exploit consumers by charging higher prices or providing lower quality products. Monopolies are often subject to regulatory scrutiny due to their potential negative effects on market competition and consumer welfare.
An oligopoly, on the other hand, is a market structure where a few large firms dominate the industry. In an oligopoly, these firms have substantial market share and the ability to influence market conditions. They may engage in strategic behavior such as price-fixing, collusion, or non-price competition to maintain their market position. Oligopolies can exhibit both competitive and cooperative behaviors, depending on the level of cooperation or competition among the firms. The actions of one firm in an oligopoly can have significant effects on the behavior and decisions of other firms in the market.
In summary, a monopoly refers to a situation where a single firm holds exclusive control over an industry, while an oligopoly represents a market structure in which a few large firms share dominance in the industry. These market structures have different implications for competition, market power, and the potential effects on consumers and the economy.
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Waylon is back-to-school shopping with his mom at a large
department store. He's picked out the following items: 3 pair of
pants for $87 total, 4 t-shirts for $48 total, 1 backpack for $35, 1
hoodie for $26, 1 pair of shoes for $37. When they get to the
register, they see this sign:
BIGGEST BACK TO SCHOOL SALE OF THE SEASON
Spend $100
Spend $200
Spend $300
Spend $400
Save 10%
Save 15%
Save 20%
Save 30%
Answers
Section A is 85% of 233 since thats the total, making the answer to section A $198.05. The answer to section B depends because if he wants more school supplies, then yes, he would want to buy more things for better deals. But if he’s on a budget, then he wouldn't want to spend as much money since saving 20% on something over $300 is more than saving 15% on something over $200. THIS IS ONLY THE ANSWER IF YOU SEE A SIGN IN THE ASSIGNMENT THAT SAYS: Spend $100, save 10%, spend $200, save 15%, spend $300, save 20%, and spend $400, save 30%.
Assume there are external benefits associated with the production of Good X. Without government regulation, the market will: produce too much of Good X. produce too much of Good X. price Good X less than the marginal social cost. price Good X less than the marginal social cost. produce too little of Good X. produce too little of Good X. price Good X greater than the marginal cost. price Good X greater than the marginal cost.
Answers
Answer:
produce too little of Good X. produce too little of Good X.
Explanation:
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
The current zero-coupon yield curve for risk-free bonds is as follows: What is the price per $100 face value of a two-year, zero-coupon, risk-free bond?
Y T M 12345
5.03% 5.49% 5.78% 5.93% 6.06%
What is the price of the $100 face value of a two-year, zero-coupon, risk-free bond? (Round to nearest cent)
Answers
The price per $100 face value of a two-year, zero-coupon, risk-free bond is approximately $89.40.
To calculate the price per $100 face value of a two-year, zero-coupon, risk-free bond, we need to use the yield-to-maturity (YTM) corresponding to the two-year maturity from the zero-coupon yield curve.
The YTM for the two-year maturity is 5.78%.
The price of the bond can be calculated using the formula for present value:
Price = Face Value / (1 + YTM)^n
Where:
Face Value is $100
YTM is the yield-to-maturity (5.78% or 0.0578)
n is the number of years until maturity (2 years)
Using the given values, we can calculate the price of the bond:
Price = $100 / (1 + 0.0578)^2
Price = $100 / (1.0578)^2
Price = $100 / 1.1186
Price ≈ $89.40
Therefore, the price per $100 face value of a two-year, zero-coupon, risk-free bond is approximately $89.40.
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how can you attract whole sale seller
Answers
Answer:
10 ways to increase your wholesale sales
1. Offer specials that bring retailers better-than-wholesale prices.
2.Provide outstanding customer service.
3.Make wholesale ordering, delivery, and billing as seamless as possible.
4 Streamline your operations.
5.Make order recommendations.
6.Create compelling, eye-catching campaigns.
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There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the probability that: a. A single contestant finds all three "daily doubles"? b. The returning champion gets all three of the "daily doubles"? c. Each of the players selects precisely one of the "daily doubles"?
Answers
Answer:
a) 0.0358
b) 0.0395
c) 0.1506
Explanation:
Number of clues "daily doubles" = 3
Determine the probabilities
a) P(single contestant finds all three )
assuming event A= a returning champion gets the "daily double" in first trial
P(A) = 1/30 , P(~A) = 29/30
assuming event B = any player picks up "daily double" after the first move
P(B |~A ) = 1/3
hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90
considering second round
P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9
∴ P(single contestant finds all three ) = 29/90 * 1/9 = 0.0358
B) P ( returning champion gets all three )
= (1/30 + 29/90 )* 1/9
= 32 / 810 = 0.0395
c) P ( each player selects only one )
P = 32/405 + 29/405
= 61 / 405 = 0.1506
Commingling is mixing the money of the agent and the principal together.
A. True
B. False
Answers
True.
Commingling is the unlawful use of a client's funds by a licensee, often mixing their own funds with the client's.
the makers of red bull energy drink want to generate earned media and create associations between the brand and popular culture. which of the following types of media vehicle may be particularly useful in this strategy?
Answers
Sponsorship of the Cliff Diving World Series media vehicle may be particularly useful in this strategy.
The Red Bull Cliff Diving World Series is an annual worldwide series of cliff diving competitions that Red Bull founded in 2009. A select group of participants determines the Cliff Diving World Series champion.
Everywhere in Red Bull Cliff Diving World Series, Slingshot Sponsorship created a cutting-edge marketing campaign for a female sports brand with roots in Norway.
Slingshot Sponsorship recognized a huge potential that was being passed up regarding the introduction of women to the event the next year because to the event's massive global viewership.
Slingshot Sponsorship developed a PR campaign around a series of "teaser-dives" from notable spots throughout Norway in the lead-up to the cliff-diving series after forming a collaboration between the female sportswear company Kari Traa and the cliff-diving superstar, Ana Bader.
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on april 6, a company provides consulting services in the amount of $3,000 to customers on account (to be paid next month).complete the necessary journal entry.
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The necessary journal entry for providing consulting services on account for $3,000 on April 6, can ne done as below mentioned in detail.
1. Identify the accounts involved: In this case, the accounts are "Accounts Receivable" (an asset) and "Consulting Revenue" (a revenue account).
2. Determine the increase or decrease in each account: Accounts Receivable increases by $3,000 because the company is expecting to receive payment next month. Consulting Revenue also increases by $3,000 as the company earned revenue from providing consulting services.
3. Record the journal entry: Since Accounts Receivable is increasing, you will debit the Accounts Receivable account. Consulting Revenue is also increasing, so you will credit the Consulting Revenue account.
The journal entry for April 6 would look like this:
Date Account Title Debit Credit
April 6 Accounts Receivable $3,000
Consulting Revenue $3,000
This entry records the company providing $3,000 worth of consulting services on account, with payment expected next month.
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Ryan invested in company stock in the year 1996 . The annual yield for his investment was 6.5%; however, the inflation rate was 7.6%. (a) What was the real growth rate of this investment? Answer: % (b) Suppose Ryan wants to make a better investment that will have a real growth rate of 9.6%. What annual interest rate will he need to earn on his investment to accomplish his goal? Answer: %
Answers
Ryan would need to earn an annual interest rate of 17.2% on his investment to accomplish his goal of a real growth rate of 9.6%.
(a) To calculate the real growth rate of Ryan's investment, we need to subtract the inflation rate from the annual yield rate. In this case, the annual yield rate is 6.5% and the inflation rate is 7.6%.
Real Growth Rate = Annual Yield Rate - Inflation Rate
Real Growth Rate = 6.5% - 7.6%
Real Growth Rate = -1.1%
Therefore, the real growth rate of Ryan's investment is -1.1%.
(b) To determine the annual interest rate Ryan would need to earn on his investment to achieve a real growth rate of 9.6%, we need to add the inflation rate to the desired real growth rate.
Annual Interest Rate = Real Growth Rate + Inflation Rate
Annual Interest Rate = 9.6% + 7.6%
Annual Interest Rate = 17.2%
Therefore, Ryan would need to earn an annual interest rate of 17.2% on his investment to accomplish his goal of a real growth rate of 9.6%.
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According to public choice economists, the federal government has expanded because
A. the federal government is efficient in its spending.
B. deficit spending has reduced the perceived cost of current government operations.
C. taxpayers pay the full cost of current government operations.
D. the public likes to pay higher taxes to finance more programs.
Answers
Economists believe that the federal government has expanded because B. deficit spending has reduced the perceived cost of current government operations.
What do economists think of the federal expenditure?They believe that because the government can finance more expenditure with debt, they have engaged in more expenses than they can actually afford.
This means that the government no longer views the cost of government operations as high because they can engage in deficit spending.
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Ben and Carla Covington plan to buy a condominium. They will obtain a $156,000, 30-year mortgage at 8.0 percent. Their annual property taxes are expected to be $2,100. Property insurance is $540 a year, and the condo association fee is $250 a month.
Based on these items, determine the total monthly housing payment for the Covingtons
Answers
The total monthly housing payment for the Covingtons is approximately $1,610.71.
To determine the total monthly housing payment for the Covingtons, we need to consider the mortgage payment, property taxes, property insurance, and condo association fee.
First, let's calculate the monthly mortgage payment using the loan amount, interest rate, and loan term. We can use the formula for calculating the monthly payment on a fixed-rate mortgage:
M = P * (r * (1 + r)^n) / ((1 + r)^n - 1)
Where:
M = Monthly mortgage payment
P = Loan amount ($156,000)
r = Monthly interest rate (8.0% / 12 = 0.08 / 12 = 0.00667)
n = Total number of monthly payments (30 years * 12 months = 360 months)
M = 156,000 * (0.00667 * (1 + 0.00667)^360) / ((1 + 0.00667)^360 - 1)
M ≈ $1,140.71
Next, we add the monthly property taxes, property insurance, and condo association fee:
Total Monthly Housing Payment = Monthly Mortgage Payment + Monthly Property Taxes + Monthly Property Insurance + Monthly Condo Association Fee
Total Monthly Housing Payment = $1,140.71 + ($2,100 / 12) + ($540 / 12) + $250
Total Monthly Housing Payment ≈ $1,140.71 + $175 + $45 + $250
Total Monthly Housing Payment ≈ $1,610.71
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The biomedical division needs to hire the best biomedical engineers in the world to be competitive in this global industry, and competition to attract talent is stiff. Many of the most innovative engineers work for startups. What would be the most appropriate HRM approach
Answers
Answer:
Explanation:
Based on the information provided, it can be said that the most appropriate approach would be to acquire startups with talented employees and integrate these employees into the company's culture. These startup's would not only already have the talented employees that the biomedical division needs but those employees would also already have become accustomed to the team that they have been working within the startup. This would drastically increase their efficiency.
What vision do you have for your own future?
A short summary of imagination positive future and pls include doctors cuz when I grow up I wanna be a doctor
Answers
No one can write down a vision for your future, its your vision and future.
HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
Explain how long-term profitability affects pricing.
Answers
Answer:
A price increase
Deals and promotions
Poor customer experiences
Innovation that delivers value
Explanation:
intercropping vegetable farming is beneficial in many ways explain
Answers
Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
Answers
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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i need help with Question B5 (a) short essay. im completely lost please help me :(
Answers
What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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How could virustotal be useful to users? how could it be useful to security researchers? however, could it also be used by attackers to test their own malware before distributing it to ensure that it does not trigger an av alert? what should be the protections against this?
Answers
Answer:
The answer to this question can be defined as follows:
Explanation:
VirusTotal was its online tool that scans its file for identification for virus and ransomware up to 256 Mb in the file name. You can also scan that virus scan URL/domain. Its content is examined by 70 virus protection scanners. However, it is convenient for customers who would search their files and connections to detect any file or link malicious type of virus protection.
Yeah, security experts should, of course, just use the service because it retrieves the security aspect for files and VirusTotal can scan the data.
Yeah, throughout the case of abuse of a software package, hackers can test their specific malware to insure how an AV alert is not activated, until releasing it. It will ensure that neither warning is triggered mostly by file, malicious document, or link, and thus check its material with VirusTotal.
Security must be taken from of the abuse by the perpetrators of the VirusTotal tool. Security must be in the form of even an assault that perhaps the virus model or malware ties could be uploaded or regulated throughout the VirusTotal Tool resources. So, it isn't essential to be using the VirusTotal tool.
In which period of industrial revolution industries experienced the need of selling function
Answers
Answer:
Industrial revolution industries experienced the need of selling function is explained below in details.
Explanation:
The Industrial Revolution converted economics that had been based on cultivation and craftsmanship into markets based on large-scale manufacturing, mechanized production, and industry arrangement. New instruments, new energy sources, and new forms of creating a product made present industries more fruitful and effective.
On January 1, 2021, Kendall Inc. began construction of an automated cattle feeder system. The system was finished and ready for use on September 30, 2022. Expenditures on the project were as follows: January 1, 2021 $ 205,000 September 1, 2021 $ 306,000 December 31, 2021 $ 306,000 March 31, 2022 $ 306,000 September 30, 2022 $ 205,000 Kendall borrowed $752,000 on a construction loan at 7% interest on January 1, 2021. This loan was outstanding throughout the construction period. The company had $4,510,000 in 7% bonds payable outstanding in 2021 and 2022.
Interest capitalized for 2021 was:
Answers
Answer:
The correct answer is "$21490".
Explanation:
The given expenditures are:
January:
= $205000
September:
= $306000
December:
= $306000
Now,
January average will be:
= \(205000\times \frac{12}{12}\)
= \(205000\) ($)
September average will be:
= \(306000\times \frac{4}{12}\)
= \(102000\)
December average will be:
= \(306000\times \frac{0}{12}\)
= \(0\)
The total average will be:
= \(205000+102000+0\)
= \(307000\) ($)
Hence,
The Interest capitalized for year 2021 will be:
= \(Interest \ rate\times Weighted \ average\)
On substituting the estimated values, we get
= \(7 \ percent\times 307000\)
= \(21490\) ($)
Unions may be established in a(n) _____ of a company, representing only one department or job category within the company.
Answers
Unions may be established in a branch or division of a company, representing only one department or job category within the company. This allows for specialized representation and negotiation based on the unique concerns of employees in that department or job category.
Unions may be established in a branch or division of a company, representing only one department or job category within the company. For example, let's say a manufacturing company has several departments such as production, maintenance, and administration. If the employees in the production department feel the need to form a union to address their specific concerns and negotiate better working conditions, they can establish a union that represents only the production department. Similarly, employees in the maintenance department or any other specific job category can also form their own unions.
By establishing unions at the department or job category level, employees can focus on addressing issues that are unique to their specific roles or departments. This allows for a more targeted approach in negotiations and representation. Each union can negotiate separate collective bargaining agreements that cater to the specific needs and interests of its members.
Unions may be established in a branch or division of a company, representing only one department or job category within the company. This allows for specialized representation and negotiation based on the unique concerns of employees in that department or job category.
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A company is a devout follower of Confucian ethics. Hence, it hires people who live by similar principles. What is most likely to be a characteristic of this company?
Answers
The most likely characteristic of this company, which is a devout follower of Confucian ethics is : not blind loyalty
What is loyalty?Loyalty is the act of choosing one company's products and services consistently over their competitors. It means that one would stick to a company's product no matter what is being offered by others.
Here, the company is not blind by loyalty because it has a principle. The principle is that whosoever live by their principle will be hired irrespective of whether they are loyal to the company or not.
Hence, the most likely characteristic of this company, which is a devout follower of Confucian ethics is not blind loyalty.
Learn more about loyalty here: https://brainly.com/question/25707409
Trade is based on the agreement of the trading partners. Why is this important? What does the agreement of each trading partner reflect about how the transaction affects their personal well-being?
Answers
1. What is the annual percentage rate (APR) for this credit card?
2. For cash advances what is the APR?
3. What three things would move the APR for the balance on this credit card to 28.99%?
4. What is the annual fee that customers are charged for holding this credit card?
5. If you decided to transfer the balance from another credit card to this credit card, what would be the fee charged?
a. What would be the APR charged for the transferred balance?
6. What is the fee for a cash advance?
7. If you use this credit card in a foreign country, what would be the fee on each transaction you made in the foreign country?
8. If you are late on making a payment, what would be the fee charged?
9. What would be the fee charged if you went over your credit limit?
Answers
Answer:
1. For purchases, the APR during an introductory period is either 8.99% or 10.99% or 12.99% depending on creditworthiness. After the introductory period the APR is 14.99%
2. Cash advance monthly rate changes based on what the Prime Rate is that month + 14.99% so if the prime rate is 3, add 14.99 to that so 17.99% of the amount received in cash. So if you take $200 cash advance, the amount charged at 17.99% would be 0.1799 x 200 =$35.98.
3. If the card holder does any of the following: makes a late payment, goes over their stated credit limit, make an account payment that is returned, or commit the afore mentioned acts on another account held by this same creditor the APR is then increased to 28.99%.
4. The annual fee charged for the credit card is $20.
5. The fee for a balance transfer is Either $5 or 3% of the amount that is transferred or $100 (whichever is greater) to this card from another account.
a. The APR charged for a balance transfer is 15.99%, but would vary based on the market Prime Rate.
6. Fee for cash advance is $5 or 3% of the amount of cash advance taken - whichever amount is largest.
7. 2% of the amount charged (in US dollars) in a transaction.
8. A late fee of $25 will be charged on an account with a balance of $999 or less. If the account balance if over $1000 the late fee of $35 will be charged and the APR will increase to 28.99%.
9. A fee of $29 is charged for accounts that exceed the credit limit in addition to an APR increase to 28.99%
Explanation: explanations are with the answers listed above.