This Political Establishment faction perceives the primary hindrance to their long-term objective as the United States' Superpower status.
However, the information provided is incomplete, and further details about the faction's specific goals, beliefs, and strategies are needed for a comprehensive understanding. The Political Establishment faction believes that the United States' current position as a global superpower might hinder their long-term goals or agendas. Without additional information, it is unclear what those goals are or why they see the superpower status as an obstacle. Political factions often have diverse viewpoints, and their stances can vary significantly based on ideological, economic, or foreign policy considerations. Understanding their specific objectives and reasons requires more context and insight into the faction's core principles and values.
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QUESTION 9/10
The opportunity cost of earning an advanced college degree is that
A. You will earn more income during your career.
C. There may be a low supply of jobs in your professional field.
6. Some fields require a professional degree before you can
begin working
D. You will earn less money during the years that you are in
college.
Answer:
The opportunity cost of earning an advanced college degree is that You will earn more income during your career and some fields require a professional degree before you can begin working.
Explanation:
Opportunity costs represent the potential benefits that an individual, investor, or business misses out on when choosing one alternative over another. Opportunity cost is the forgone benefit that would have been derived from an option not chosen.
In this case, it would be the benefit of earning an advanced college degree. It is something that may not be achievable yet aspirational to many, due to financial costs, personal situations, accessibility, etc., The cost of forgoing this opportunity would be either the ability to earn more income during your career or not having the opportunity to work in a desired field or advance significantly in a field due to lack of education.
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At July 1, 2022, Landis Company sold the Ritter bonds for $3,090,000 immediate after receiving the interest payment. Assuming Landis Company has a portfolio of Available-for-Sale Debt Securities, what should Landis Company report as a gain(loss) on the bonds?
Answer:
76900
Explanation:
Fair Value of Ritter=3,180,000
Landis Purchased= 3,000,000
Rate = 8%
Time = 5 yrs
Bond sold = 3124,740
Rate = 7%
3,180,000- (3124,740 – 10,620 – 10, 980) =76900
HELP!
Frank Columbo, a police detective, has a gross weekly income of $1,052.00. His earnings
to date for this year are $31,560. How much is deducted from his paycheck each week for
Social Security? How much for Medicare? What is his yearly salary?
Answer:
Social Security tax = $65.22Medicare = $15.25Yearly Salary = $54,704Explanation:
Social Security tax for 2021 is 6.2% on the first $142,800 earned for the year.
Mr. Columbo falls under the limit so will pay the 6.2%.
Social security = 6.2% * 1,052
= $65.22 per week
Medicare is 1.45% with no limits:
= 1.45% * 1,052
= $15.25
Yearly Salary:
= Salary per week * Number of weeks in year
= 1,052 * 52
= $54,704
Which type of worker would most likely be able to begin work after receiving a high school degree and completing an on-the-job apprenticeship?
Answer:
LiveStock
Explanation:
Answer:
A miner I think. If that is one of the choices you have on your test.
Explanation:
Good luck. Tell me if this is wrong.
If you focus on the present now, instead of focusing on your future concerns, you will be able to __________.
a. Gain more enjoyment from your leisure time
b. Avoid doing more work than necessary
c. Create a feeling of control in your life
d. All of the above
In the case when we focus on the present so rather than focusing it we have to gain, avoid excess work, and control the feeling of control.
Importance of focus on the present:If we focus on the present rather than thinking of the future so automatically the present, as well as the future, will get better.
Due to this, we will be able to do the enjoyment arising from the leisure time, avoiding excess work, and developed a feeling for control in the life.
Hence, the option d is correct.
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Consider a bargaining game among three political parties (each party is a player). There is a finite number of periods T, numbered 1, ... T. In each period, one party is a proposer, one is a responder, and one is a bystander. The proposer makes an offer to the responder, who may then accepts or reject. If the responder accepts then the offer is implemented and the game ends. If the responder rejects, the bystander makes an offer to the responder, who may then accept or reject. If the responder accepts, the offer is implemented and the game ends. If the responder rejects, the game continues to the following period unless it is period T, in which the game ends. If the game ends without
an offer being accepted, all parties get 0. Suppose the Small Change Party is always the responder, and that each period begins
with a flip of a coin to determine which of the two remaining parties (named "Heads" and "Tails") will be the proposer (with the other being the bystander). Normalize the total value to be divided amongst the parties to 1, and suppose that a proposal specifies an amount x for the proposer and an amount y for the responder (with any residual 1-x-y for the bystander). Proposals must give each party at least 0, and cannot allocate more than 1
total across all parties.
a.
Suppose that T = 1, i.e. there is only one period. Characterize the subgame perfect
Nash Equilibrium strategies for each player. b. Suppose that T > 1, i.e. there is more than one period, but a finite number of periods. Suppose that the coin is not fair and the Tails party always has a chance of p > ½ of winning a coin flip. Characterize the subgame perfect Nash Equilibrium. What offer is accepted, and in which period? How does the answer
depend on p? How does it depend on T?
a. When T = 1, the subgame perfect Nash equilibrium strategy for each player depends on their preferences and payoffs. b. When T > 1, the subgame perfect Nash equilibrium can vary based on the value of p and the number of periods T.
a. When T = 1 (only one period), there is no future interaction or possibility of continuation. In this case, the subgame perfect Nash equilibrium strategy for each player depends on their preferences and payoffs. The Small Change Party (responder) will accept any offer that gives them a positive payoff (greater than 0). The proposer (either Heads or Tails) will make an offer that maximizes their own payoff, subject to the constraint that the responder accepts the offer. The bystander will not have a direct role in decision-making since they are not involved in the offer.
b. When T > 1 (multiple periods) and the coin is not fair, with the Tails party having a chance p > 1/2 of winning a coin flip, the subgame perfect Nash equilibrium can vary based on the value of p and the number of periods T. The specific offer accepted and the period in which it occurs will depend on these factors.
To analyze the equilibrium, we need to consider backward induction, starting from the last period (T) and working backward to the first period. In the last period (T), if the responder (Small Change Party) is offered a positive payoff, they will accept the offer since there are no more periods left for improvement. The proposer in that period will make an offer that maximizes their own payoff while ensuring the responder's acceptance.
In the previous period (T-1), if the responder rejects the proposer's offer, the bystander (the party not involved in the proposal) becomes the proposer. The proposer will make an offer that maximizes their own payoff while considering the chances of winning the coin flip and the responder's acceptance.
This backward induction process continues until the first period, taking into account the chances of winning the coin flip, the preferences of each party, and the offers made in each period.
The specific offer accepted and the period in which it occurs will depend on the values of p and T. Higher values of p increase the likelihood of the Tails party winning the coin flip, which may affect the proposals made and accepted. The number of periods T also plays a role since it determines the length of the game and the opportunities for offers and acceptance.
To determine the exact equilibrium offers and periods, a more detailed analysis considering specific payoff functions, probabilities, and preferences would be required.
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On December 31 of the current year, Plunkett Company reported an ending inventory balance of $215,000. The following additional information is also available:Plunkett sold and shipped goods costing $38,000 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $215,000.Plunkett purchased goods costing $44,000 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $215,000.Plunkett's ending inventory balance of $215,000 included $15,000 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.)Plunkett's ending inventory balance of $215,000 did not include goods costing $95,000 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end.Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:_____________A. $194,000B. $209,000C. $200,000D. $171,000E. $156,000
The amount that Plunkett should report in ending inventory on December 31 is: E. $156,000.
Ending inventoryUsing this formula
Ending inventory= Ending inventory balance - FOB destination goods purchased - Goods being held on consignment
Let plug in the formula
Ending inventory= $215,000 - $44,000 - $15,000
Ending inventory= $156,000
Therefore the correct option is E.
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Name three factors that determine a good’s or service’s elasticity.
Answer:
Many factors determine the demand elasticity for a product, including price levels, the type of product or service, income levels, and the availability of any potential substitutes. High-priced products often are highly elastic because, if prices fall, consumers are likely to buy at a lower price.
Explanation:
Answer:
(1) availability of substitutes(2) if the good is a luxury or a necessity, (3) the proportion of income spent on the good, and(4) how much time has elapsed since the time the price changed.Directions: Classify the following appetizers either Hot or Cold appetizer.
Write your answer in your test notebook.
1. cucumber stuffed _____________________
2. fresh fruits and vegetables _____________________
3. hard cooked eggs/stuffed eggs _____________________
4. pickled items _____________________
5. fries _____________________
6. salmon and cucumber bites _____________________
7. chips and dips _____________________
8. seafoods appetizer _____________________
9. pizza rolls _____________________
10. raw vegetables with dip _____________________
Which of the following careers is most likely to require business skills?
Answer:
1, Communication skill,Leadership skill,Analytical skill
what is the relation between no. of moles and gram atom?
provide an example of a shoeleather cost and explain clearly why it is a true cost. i.e., what does society lose in you example.
A shoe-leather cost refers to the cost of time and effort that is spent in response to changes in prices, taxes, or other economic factors.
Some instances of it?An example of a shoe-leather cost would be when a person has to spend time and money traveling to multiple stores to find the lowest prices on groceries.
This is a true cost because society loses the time and resources that could have been spent on other productive activities, such as working or spending time with family.
Additionally, the cost of transportation and the wear and tear on the individual's shoes add to the overall cost.
In summary, a shoe-leather cost is a true cost because it represents the loss of time and resources that could have been spent on more productive or enjoyable activities.
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the rule for the optimal use of any input states that a. when mrp is less than price, profit will increase when more of that resource is utilized. b. when mrp is greater than resource price, profit will increase when more of that resource is utilized. c. when mrp equals price, profit will increase when less of that resource is utilized. d. when mrp is greater than resource price, profit will increase when less of that resource is utilized. e. resources should be used only if mrp exceeds product price.
The correct statement for the rule of optimal resource use is: e. Resources should be used only if the Marginal Revenue Product (MRP) exceeds the resource price.
The Marginal Revenue Product (MRP) is the additional revenue generated by employing an additional unit of a resource, such as labor or capital. The resource price refers to the cost or price of acquiring and utilizing that resource.
To optimize resource use, it is most profitable to employ additional units of a resource only if the MRP, the additional revenue generated, exceeds the cost or price of acquiring that resource. If the MRP is higher than the resource price, employing more of that resource will increase profit. However, if the MRP is lower than the resource price, employing more of that resource would result in diminishing returns and lower profitability.
Therefore, the statement e. "Resources should be used only if MRP exceeds product price" accurately represents the rule for the optimal use of any input.
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at the beginning of the year, jocelyn created five goals for each manager on her staff at the best day spa and gym and she uses those goals as a way to measure their performance throughout the year. these goals are an example of
At the beginning of the year, Jocelyn created five goals for each manager on her staff at the best day spa and gym and she uses those goals as a way to measure their performance throughout the year. these goals are an example of Controls.
What does the word "control" also mean?A few popular synonyms for control are dominion, jurisdiction, power, authority, and influence. All of these terms refer to "the right to govern or rule or determine," but control emphasizes the ability to constrain and guide. You are accountable for the pupils under your care.
Is the narrative in Control good?The reason Control's plot is so wonderful is because it features two primary characters: the protagonist Jesse Fadden and the Oldest House, which is just as vivid and alluring as a living individual.
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Millions of software programs have been created and have helped to improve the economy. This is an
example of
O new business
self-confidence
taxes
O demand for products
new technology
Answer:
new technology.
Explanation:
An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.
Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.
Additionally, an information system or technology comprises of five (5) main components;
1. Hardware.
2. Software.
3. Database.
4. Human resources.
5. Telecommunications.
Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.
Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.
what are the five steps of most mbo programs? how can companies use job enrichment as a method for motivating employees? what is behavior modification and how is it used in organizations?
Companies can use job enrichment as a method for motivating employees by giving them more responsibilities and opportunities to learn and grow in their role. This can involve providing training, increasing autonomy and decision-making authority, and allowing employees to work on projects that align with their interests and strengths.
The five steps of most MBO (Management by Objectives) programs are as follows:
1. Setting objectives: This involves setting specific and measurable goals for employees, which are aligned with the overall goals of the organization.
2. Developing action plans: This step involves developing a plan of action that outlines how the objectives will be achieved.
3. Monitoring progress: Regular check-ins are required to track progress towards the objectives and identify any obstacles that may be hindering progress.
4. Performance evaluation: At the end of a set period, performance is evaluated based on the extent to which objectives were achieved.
5. Feedback and rewards: Feedback is provided to employees on their performance, and rewards are given to those who have achieved their objectives.
Job enrichment can increase job satisfaction, motivation, and engagement, which can lead to improved performance and productivity. Behavior modification is a technique used in organizations to change employee behavior through positive or negative reinforcement.
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After graduating from AUD, Salman plans to start a book publishing company in Media City. He did some research and found that the printer would cost Dh 220,000. He estimated that the variable cost per book is Dh 170 , and the selling price is Dh 390. a. How many books must he sell to break even? Also, calculate the breakeven in dirham. b. In addition to the abovementioned costs, if he wants to pay himself a salary of Dh 15,400 per year, what is her breakeven point in units and dollars? c. In the first three months of his business, he sold 400 books. Suddenly the printer breaks down. He spent Dh 25000 to fix the printer. In addition to 400 books sold, how many more books should she sell to break even? Assume that this part of the question is independent and she does not draw any salary.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
a. To break even, the sales revenue must be equal to the total costs. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.b. The BEP with salary included is calculated as follows:
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit)Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400
BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit
= 942 x 390 = Dh 367,380.
c. Fixed cost increased by Dh 25,000 because of the printer's repair cost.
The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books.
The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
a:Salman needs to determine how many books he must sell to break even, and what that break-even point is in dirhams. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000
Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.
b:
Salman also needs to determine how many books he needs to sell to break even when he wants to pay himself a salary.
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit).
Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 942 x 390 = Dh 367,380.
c:
Fixed cost increased by Dh 25,000 because of the printer's repair cost. The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books. The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
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- RBT Requirements Coordinators are responsible for:
•Direct supervision of an RBT only
•All supervision activities of RBTs across an organization
•Administrate paperwork associated with RBT supervision only
•Only activates associated with RBT supervisors
Answer: All supervision activities of RBTs across an organization
Explanation:
A Registered Behavior Technician I someone who that is closely monitored by BCBA when practicing. The RBT is responsible for implementing behavior-analytic services.
RBT Requirements Coordinators are responsible for all supervision activities of RBTs across an organization.
how is the host city chosen for the super bowl 2023
In a competitive bidding procedure, towns submit applications to the NFL in order to be considered as the Super Bowl host city.
Super Bowl 2023's host city was selected following a competitive bidding procedure. The NFL received proposals from interested towns explaining their intentions to host the game, including specifics like the planned stadium, transportation options, player and spectator accommodations, and other logistical issues. A panel of NFL owners and executives assessed the proposals, taking into account things like the city's capacity to hold sizable events, climate, and nearby attractions. Glendale, Arizona, was chosen by the committee as the Super Bowl 2023 host city following a careful screening process.
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What can a boosted post help an advertiser achieve?
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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Supply chain management (SCM) is a critical business activity that connects a company more closely with its: A. Suppliers B. Subsidiaries C. Customers D. Customers and suppliers
Supply chain management (SCM) is a critical business activity that involves the coordination, integration, and management of all the activities involved in the production and delivery of products and services to customers.
It connects a company more closely with its suppliers, customers, and other partners in the supply chain to achieve greater efficiency, effectiveness, and customer satisfaction.
In terms of the given options, the correct answer is D. Supply chain management connects a company with both its customers and suppliers, as it involves the management of all the activities involved in the production, procurement, transportation, and delivery of products and services from suppliers to customers.
A detailed answer to this question would involve an explanation of the various components and processes involved in supply chain management, such as procurement, inventory management, logistics, transportation, and distribution.
It would also involve an explanation of the benefits of effective supply chain management, including cost reduction, improved efficiency, better customer service, and increased competitiveness.
A long answer to this question would involve a deeper analysis of the different types of supply chains, such as lean supply chains, agile supply chains, and hybrid supply chains, and how they can be optimized for different industries and markets. It would also involve a discussion of the various challenges and risks associated with supply chain management, such as supply chain disruptions, quality control issues, and supplier relationship management.
Overall, the importance of supply chain management cannot be overstated in today's highly competitive business environment, and companies that are able to effectively manage their supply chains are better positioned to succeed and grow in the long run.
In this context, the primary stakeholders with whom a company needs to be closely connected are:
1. Suppliers: These are the companies that provide the raw materials, components, and services necessary for the production process. A strong connection with suppliers is essential for managing costs, quality, and delivery times.
2. Customers: These are the end-users or businesses that purchase the finished products. Connecting with customers helps in understanding their needs, preferences, and feedback, which is vital for improving products and services, enhancing customer satisfaction, and building long-term relationships.
Therefore, in Supply Chain Management (SCM), a company connects more closely with both its customers and suppliers (Option D) to ensure smooth operations, meet customer demands, and maintain a competitive edge in the market.
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At the end of the video, there is the implication that "selling out" has a different meaning for today’s teens than for past generations. Do you think this is true? Explain.
Answer: No, it's still the same
Explanation:
Selling out is the process of having your product completely bought by your customers either at an event or through a period of a day sales. The meaning of the word "sold out" still holds for the past generation and also this generation or teens today
how to calculate cost of sales and gross profit
14) What are the two parts of demand?
Answer: The two parts of demand are:
• Willingness to buy
• Ability to pay
Explanation:
Demand simply refers to the amount of the goods and services which the buyers want to purchase at a certain price for a particular period of time.
There are two parts of demand which are the willingness of a buyer to purchase a certain good and also the ability to pay by the person.
A certain construction company is obligated to pay
25.12% on earned wages into Worker's
Compensation insurance.
What is the Worker's Compensation payment on
$25,000 of wages?
Worker's Comp. payment = $ [?]
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
What is worker compensation payment?Workers' compensation can be defined as a form of insurance that help to provide benefit to people that are injured or had accident in their workplace and this benefit is a form of compensation.
Now let find the worker compensation payment using this formula
Workers' compensation payment = Percentage on earned wages × Wages
Let plug in the formula
Workers' compensation payment = 25.12% × $25,000
Workers' compensation payment = $6,280
Therefore we can conclude that Workers' compensation payment is the amount of $6,280.
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Answer:
If a certain construction company is obligated to pay 25.12% on earned wages into Worker's Compensation insurance. The Worker's Compensation payment on $25,000 of wages is: $6,280.
Explanation:
why all choices are economic choices?
Answer:
All choices are economic choices because with every choice we make, we are (sometimes subconsciously) analyzing the costs and benefits of our options. Our choices are guided by self-interest and every choice we make involves some kind of cost, whether it be time or money or something else.
Suppose you and your friends decide to go to the beach during spring break. you need to fly from kansas city to miami the service. this market is best characterized as ___.
Let's say you and your friends decide to go to the beach for spring break. You need to fly a service from Kansas City to Miami. this market is best characterized as an oligopoly.
Some of the most prominent oligopolies in the United States are film and television production, recorded music, wireless carriers and airlines. From the 1980s onwards, it became common for the industry to be dominated by two or three of his companies. Merger agreements between major players have led to industry consolidation.
An oligopoly market is a market dominated by a few suppliers. They are found in all countries and in various industries. Some are competitive oligopolistic markets, while others are significantly less competitive, or at least appear to be.
High barriers to entry, pricing power, non-price competition, interdependence of firms, and product differentiation are all hallmarks of an oligopoly.
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The terms of the sale were 3/6, net 61. What is the effective
annual rate of interest?
The terms of the sale were 3/5, net 78. What is the effective
annual rate of interest?
The effective annual rate of interest for a sale with terms of 3/6, net 61 is approximately 44.18%. For a sale with terms of 3/5, net 78, the effective annual rate of interest is approximately 46.84%.
To calculate the effective annual rate of interest, we need to consider the discount offered for early payment and the time period for payment. For the first scenario with terms of 3/6, net 61, it means that a 3% discount is offered if the payment is made within 6 days, otherwise, the full amount is due within 61 days. The effective annual rate of interest can be calculated using the formula: [(1 + discount rate)^(365/number of days) - 1] * 100. Substituting the values, we get [(1 + 0.03)^(365/6) - 1] * 100, which results in approximately 44.18%.
For the second scenario with terms of 3/5, net 78, a 3% discount is offered if the payment is made within 5 days, otherwise, the full amount is due within 78 days. Using the same formula, we calculate [(1 + 0.03)^(365/5) - 1] * 100, which gives us approximately 46.84%. Therefore, the effective annual rate of interest for a sale with terms of 3/6, net 61 is approximately 44.18%, and for a sale with terms of 3/5, net 78, it is approximately 46.84%. These rates indicate the implied interest rates for the respective credit terms.
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HELP PLEASE
Q1 How would you describe Snap-On Tools' competitive strategy? Does it fit a price or non price model? Explain (4)
q2 How are the free enterprise " freedoms" of ownership and profit depicted in this scenario on Snap- On Tools? (4)
Q3 Is there any risk for the franshised dealers who purchase the truck, tools and equipment from Snap- On? ( 2)
Answer:
Q1. Non price model
Q2. How free enterprise "freedom" of ownership and profit are demonstrated includes
1) Snap-on tools ability to make and sell their tools for profit
2) Snap-on tools ability to sell out of mobile trucks, rather than store
3) Snap-On tool is able to offer credit financing to the its customers
Q3 The risks are,
a) Damage to reputation
b) Joint liability
c) Compliance to commercial regulations
Explanation:
A non-price competition is a form of marketing strategy, whereby a company or establishment puts in place distinguishing factors in its goods and or services, in order to distinguish them from competing goods or services.
Question 7 1 pts Given the information below regarding liquidity ratios, what is the primary reason to justify the YOY trend? 12/31/2018 12/31/2017 Working Capital 10,385,000 9,313,000 Accounts Payable 7,051,000 6,487,000 Operating Working 13,192,000 10,907,000 Capital Current Ratio 1.37 1.35 Quick Ratio 0.96 0.97 increasing sales increasing inventory decreased supplier payment terms investing in fixed assets
The primary reason to justify the Year-over-Year (YOY) trend in liquidity ratios is the increasing sales.
The increasing sales can lead to higher working capital and operating working capital. Working capital is the difference between current assets and current liabilities, while operating working capital excludes short-term debt. As sales increase, there is a higher inflow of cash from customers, which can contribute to higher working capital and operating working capital. This can be seen in the YOY comparison of the working capital and operating working capital figures, which show an increase from 2017 to 2018.
The current ratio and quick ratio are both liquidity ratios that assess a company's ability to meet short-term obligations. The current ratio is calculated by dividing current assets by current liabilities, while the quick ratio excludes inventory from current assets. In this case, the slight increase in the current ratio and quick ratio from 2017 to 2018 indicates a stronger ability to cover short-term obligations. This improvement can be attributed to the increasing sales, as higher sales generate more cash inflow and potentially increase the availability of current assets to meet current liabilities.
The primary reason for the YOY trend in liquidity ratios is the increasing sales. As sales increase, there is a higher inflow of cash, leading to improvements in working capital, operating working capital, and liquidity ratios such as the current ratio and quick ratio. The increased cash flow provides the company with more resources to cover short-term obligations and indicates improved financial health and liquidity.
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