Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations

The amount of sale from the given transaction would be $24,900.

The amount of sales from the given transactions can be calculated by subtracting the discount from the total invoice amount. The discount is calculated based on the terms "2/15" which means a 2% discount is allowed if payment is made within 15 days.

The total invoice amount is $25,500.

To calculate the discount, we multiply the total invoice amount by the discount percentage: $25,500 * 2% = $510.

The amount of sales after deducting the discount is: $25,500 - $510 = $24,990.

To know more about invoice amount;

https://brainly.com/question/29374233

#SPJ11

Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.

A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.

Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.

To know more about Plus loans visit:

https://brainly.com/question/30015539

#SPJ1

The type of business that the uncle is said to have would be described as an entrepreneurial business.

This is used to refer to the business that is owned by a single person. This person is called the entrepreneur who gets to enjoy either the profit or the loss that may occur in the business that he is operating.

The question says that the uncle has a chain of these businesses across three states, we can say that the uncle is an entrepreneur.

Read more on entrepreneurship here: https://brainly.com/question/353543

#SPJ1

Answer: corporate

Explanation:  it has three locations in different states, which gives it a wide range of clients.

Explanation:

I agree because without profit what's the use of the business

Integrating influencer marketing into a company's overall promotional strategy requires careful planning and coordination to ensure it aligns with other online and offline promotion tactics. Here are some steps to effectively integrate influencer marketing:

1. Set clear objectives: Determine the goals you want to achieve through influencer marketing, such as increasing brand awareness, driving website traffic, or boosting product sales. Align these objectives with your overall promotional strategy.

2. Identify relevant influencers: Research and identify influencers who have an audience that matches your target market. Look for influencers whose values, content, and tone align with your brand. Consider factors like follower demographics, engagement rates, and the authenticity of their content.

3. Develop a collaborative approach: Rather than treating influencers as mere advertising channels, foster a collaborative relationship. Engage influencers in the creative process, allowing them to provide input and shape the content in a way that resonates with their audience while aligning with your brand messaging.

4. Align content with your brand: Ensure that influencer-generated content is consistent with your overall brand image, values, and messaging. Provide clear guidelines and brand assets to maintain a cohesive brand identity across all promotional channels.

5. Coordinate campaigns: Integrate influencer marketing campaigns with your existing online and offline promotional activities. Develop a calendar to synchronize influencer content releases with other marketing initiatives, such as email campaigns, social media posts, or product launches.

6. Leverage cross-promotion: Use your other promotional channels to amplify influencer-generated content. Share influencer posts on your brand's social media accounts, website, or blog. This cross-promotion helps to extend the reach and impact of your influencer marketing efforts.

7. Track and measure results: Implement tracking mechanisms to measure the effectiveness of your influencer marketing campaigns. Monitor key metrics such as engagement rates, website traffic, conversions, and sales attributed to influencer collaborations. Use these insights to optimize your future influencer partnerships and overall promotional strategy.

8. Maintain authenticity and transparency: Encourage influencers to disclose their partnerships with your brand and adhere to ethical guidelines. Transparency and authenticity build trust with the audience and enhance the credibility of your brand.

By following these steps, a company can seamlessly integrate influencer marketing into their overall promotional strategy, ensuring it complements and enhances other online and offline promotion tactics.

Learn more about promotion tactics here:

https://brainly.com/question/31483391

#SPJ11

Available options are:

A. Esako and M-Pesa

B. Big data and Business analytics

C. Social media

D. Sproxil

Answer:

Social media

Explanation:

Social media is an internet-based or online platform that allows different registered users to share various forms of information and content, among other users, from anywhere across the globe.

Hence, given the available options, Another reason that is fueling the boom in fast-growing technology services is SOCIAL MEDIA, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.

When consumers anticipate that the price of small cars will decrease substantially in the near future, it can have several effects on their behavior:

Delayed Purchases: Consumers may choose to delay their purchases of small cars, anticipating that they can get a better deal if they wait for the price to decrease. This can lead to a decrease in the current demand for small cars.

Shift in Preferences: The anticipation of lower prices may cause consumers to shift their preferences towards other products or substitute goods that are currently more affordable. They may consider alternative transportation options or prioritize other needs until the price of small cars decreases.

Lower Price Expectations: Anticipating lower prices can also affect consumers' price expectations in general. They may become more price-sensitive and expect prices to decrease in other product categories as well. This can influence their purchasing decisions across different goods and services.

Impact on Market Dynamics: Anticipated future price decreases can affect market dynamics, leading to reduced production and inventory levels for small car manufacturers. This can have implications for the overall supply and demand equilibrium in the market.

It's important to note that consumer expectations about future prices can influence current market conditions, but the actual price movements will depend on various factors, including market forces, production costs, and supply and demand dynamics.

Learn more about consumers here:

https://brainly.com/question/15307787

#SPJ11

Answer:

to withdraw money from a savings account

Explanation:

The document appears to be a  savings withdrawal form. The words Withdrawal are clearly visible, implying it is used when making withdrawals.

To withdraw is the removal or get money from a savings or checking account. Customers use the withdrawal form when they need to get money from their accounts. They need to fill in the amount required in words and figures and signs in the appropriate place. The customer then hands over the form to a teller.

Answer:

two strengths and one threat

Explanation:

Since in the given situation it is mentioned that that Jake was fortunate to have $100,000 financing also the skilled installers are willing to work but at the same time he was aware that the new construction was all time low

So here there are two strengths and one threat

In this way the events are categorized

The value of the payments today is approximately $259,098.42.

To calculate the value of the payments today, we need to discount the future cash flows to their present value using the appropriate interest rate.

The cash flows can be considered an ordinary annuity, where you receive $23,000 per year for 15 years. The interest rate is 5.6 percent.

We can use the formula for the present value of an ordinary annuity to calculate the value of the payments today:

PV = PMT × [(1 - (1 + r)^(-n)) / r]

Where:

PV = Present Value

PMT = Payment per period

r = Interest rate per period

n = Number of periods

Let's plug in the values:

PMT = $23,000

r = 5.6% = 0.056 (decimal form)

n = 15

PV = $23,000 × [(1 - (1 + 0.056)^(-15)) / 0.056]

Using a calculator, the present value of the payments today is approximately $259,098.42.

Therefore, The payments are worth around $259,098.42 now.

Learn more about interest rate.

https://brainly.com/question/28272078

#SPJ11

The value of the risk premium needed for the CAPM model can be calculated by subtracting the risk-free rate of return from the expected rate of return on the stock market. In this case:

Risk premium = Expected market rate of return - Risk-free rate of return

Given:

Risk-free rate of return = 3%

Expected rate of return on the stock market = 8%

Risk premium = 8% - 3% = 5%

Therefore, the value of the risk premium needed for the CAPM model is 5%.

Regarding the statement "The CAPM model requires that we know the expected overall market rate of return for a class of assets," the statement is TRUE. The CAPM model utilizes the expected market rate of return as a key component in calculating the expected return of an individual asset. The model assumes that the market as a whole represents the systematic risk that cannot be diversified away, and the expected market rate of return serves as a benchmark for evaluating the risk and return of the asset being considered.

To know more about premium visit:  

https://brainly.com/question/16845751

#SPJ11

Someone who has a deck with rotting wood will be the one would most likely be a customer of workers in the architecture and construction cluster.

A customer is defined as a person or an individual owning a business or someone who is self-employed and is willing to buy goods and services for his personal use or the use of his organization. He buys goods and services to meet the needs of his organization. Without customers, businesses will not be able to exist on their own.

The purchasing power of the customer depends on the amount of the product he wishes to buy and his income. The customer can only purchase goods and services if the cost of the product is less than or equal to his income.

In this case, the person having a deck with rotten wood required new wood and also workers to be employed to replace the rotten wood. So, he is the best suitable customer.

Learn more about Customers at:

brainly.com/question/26511540

#SPJ4

Sales return for credit on account would be recorded in the sales journal if a company uses a general journal as well as special journals for sales, purchases, cash receipts, and cash payments.

A general journal is a bookkeeping journal or accounting book used to record all transactions in one location. It is also known as the book of original entry since all financial transactions are initially registered in this ledger. It has columns for the date, description, post reference, debit, and credit.Generally, this type of accounting journal is used to track transactions that cannot be recorded in any other journal. Every company has a general journal, and it is a requirement for producing audited financial statements.

The Direct Posting Journal is not a commonly used journal in accounting, and the General Journal is used for recording transactions that do not fit into any of the special journals.

Learn more about the use of special journals  here:https://brainly.com/question/29665296

#SPJ11

Answer: General Journal

Explanation: Only sales on account are recorded in the sales journal. Sales returns for credit on account would not be recorded in the sales journal, it would be recorded in the general journal.

In order to determine cash flows from financing activities, we need to examine changes to long-term liability and SHE accounts.

Long-term liabilities, often known as long-term debts, are sums owed by a corporation to third parties and are due after 12 months. This sets them apart from current liabilities, which a business must settle within a year.

Long-term obligations usually have a maturity date that is more than a year away. Mortgage loans, bonds payable, and other long-term leases or loans, excluding the sum due in the current year, are a few examples of long-term obligations. Liabilities with a short maturity date are due this year.

Read more on long term liability

https://brainly.com/question/27866371

#SPJ1

Personal financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and the cost of food, while still having some funds to use for entertainment, rest, and relaxation

You can reach your financial goals by creating a personal finance plan. These goals could be anything, such as saving for your child's college tuition, creating retirement plans, or having enough money to handle immediate expenses. This depends on your income, spending, saving, investing, and personal safety.

Managing your present financial needs and long-term financial plans requires an understanding of personal finance. The sooner you take charge of your own money, the better your long-term financial prospects will be for decisions like investing or retirement planning.

Knowing the basics of personal finance will help you see ways to improve your financial situation. This information can help you build a budget for short-term needs while creating long-term financial strategies.

Learn more about  Personal finance here:

https://brainly.com/question/2006382

#SPJ4

The journal entries to record the purchase of the patent and 2025 amortization for Pina Corporation would be as follows:

Purchase of the patent:

Date: January 1, 2025

Patent (Asset) $59,000

Cash (or Accounts Payable) $59,000

Explanation: This entry records the purchase of the patent from Blossom Company. The patent is recorded as an intangible asset on the balance sheet, and the cash (or accounts payable) is decreased by the amount paid for the patent.

2025 Amortization:

Date: December 31, 2025

Amortization Expense (Operating Expense) $5,900

Patent (Asset) $5,900

This entry records the amortization expense for the year 2025. The patent's useful life is estimated to be 10 years, so the annual amortization expense is calculated as the purchase price divided by the useful life. In this case, $59,000 divided by 10 years equals $5,900. The amortization expense is recognized as an operating expense, and the patent's carrying value is reduced accordingly.

Know more about amortization expense here:

https://brainly.com/question/14514813

#SPJ11

Your credit utilization ratio should be no higher than 30 percent, and the lower it is, the better for your credit score it will be.

30 percent Keeping your credit utilization below 30 percent is a good idea, especially if you want to keep your good credit score. This means that if you have $10,000 in credit available, your outstanding balances shouldn't be more than $3,000 at any given time.

The normal exhortation is to continue to spin obligation beneath 30% of your accessible credit with the goal that your usage rate doesn't hurt your financial assessment. However, experts claim that your FICO score, which is used by the majority of lenders to make decisions, begins to decline well below that point.

To learn more about credit utilization here

https://brainly.com/question/5374399

#SPJ1

The statement that best summarizes the relationship between investments and productivity is companies with poor productivity use investments to become more efficient. Option B is the answer.

An asset is purchased as an investment when the goal is to use it to generate income, value appreciation, or both over time. It entails devoting resources like cash, time, or effort with the hope of gaining a lucrative return or advantage later on. Investments come in a variety of shapes and sizes, including stocks, bonds, mutual funds, real estate, and more.

Productivity is the indicator of how effectively inputs like labor, capital, and materials) are converted into outputs (like goods and services in a specific amount of time. In other words, productivity refers to the amount of output generated for each unit of input. It is frequently used as a gauge of competitiveness and economic growth.

Learn morte on productivity here https://brainly.com/question/2992817

#SPJ1

Answer:

internal perspective

Explanation:

The inducements offered by the Suame community leaders are important, but they should not be the sole basis for the relocation decision. Relocating executives from an industrialized area to a rural town can present challenges related to amenities, talent attraction. James Mensah's reasons for relocation, citing increased costs and union demands, are justifiable based on the information provided.

1. Evaluation of inducements for relocation:

The inducements offered by community leaders in Suame, Ashanti Region are certainly important factors to consider in the relocation decision. They provide financial benefits and support for the company's operations. However, relying solely on these inducements as the basis for the relocation decision would be short-sighted. Other critical factors, such as the availability of an adequate labor supply, transportation facilities, tax structures, community attitudes, and site costs, should also be carefully evaluated. It is crucial to consider the long-term sustainability and viability of the new location, beyond the initial incentives offered.

2. Problems in relocating executives:

Relocating executives from a heavily populated industrialized area to a small rural town can pose several challenges:

a) Limited amenities and services: The rural town may have limited infrastructure, amenities, and services compared to the industrialized area, making it difficult for executives and their families to adjust to the new environment.

b) Talent attraction and retention: Executives may be hesitant to relocate to a small rural town due to limited career opportunities for themselves and their spouses, as well as potential concerns about the quality of education and healthcare facilities for their families.

c) Disruption of social networks: Executives and their families may have established social networks in the industrialized area, and relocating to a new town could result in a loss of social connections and support systems.

d) Cultural differences: Executives may face challenges in adapting to the cultural differences and social norms of the rural town, which can affect their integration into the local community.

3. Evaluation of reasons cited by James Mensah:

The reasons cited by James Mensah for relocation, including increased operating costs and unreasonable union demands, can be considered justifiable based on the information provided. The company experienced declining profits due to rising production costs, including labor, raw materials, utilities, taxes, and transportation expenses. These cost factors, combined with the demands imposed by the union, made it difficult for the company to operate profitably in Madina. Therefore, the decision to relocate to Suame, where labor costs were lower, utility costs and taxes were moderate, and the union influence was expected to be less powerful, seems reasonable from a business perspective.

4. Application of human capacity principles and firm responsibilities:

When a decision to cease operations is made, the principles of human capacity in capacity planning can be applied to address the firm's legal and ethical responsibilities towards its employees. This involves:

a) Workforce transition planning: The firm should develop a comprehensive plan to assist employees in finding suitable employment with other firms. This may include providing job placement assistance, offering retraining programs, and facilitating networking opportunities.

b) Respect for employee rights: The firm should ensure that employees' legal rights, such as severance pay and benefits, are honored in accordance with labor laws and employment contracts.

c) Transparent communication: The firm should maintain open and honest communication with employees, explaining the reasons for the decision to cease operations and providing updates on the transition process.

d) Support and counseling: The firm should offer emotional support and counseling services to help employees cope with the uncertainty and stress associated with job loss.

e) Compliance with legal obligations: The firm must comply with all legal requirements, such as providing notice periods, adhering to termination procedures, and fulfilling any financial obligations towards employees.

Learn more about ”severance pay” here:

brainly.com/question/14575256

#SPJ11

According to the utility-maximizing rule, one is not maximizing their total utility. They should consume more of goods A and less of goods B.

Remember that when the marginal utility gained from the final dollar spent on both commodities is equal, overall satisfaction is maximized.

Mu/good price = marginal utility per dollar

Note that MU Per dollar of good A = 22/ 2

Hence given us: 2 Utils.

Mu per dollar of goods B on the other hand is:
4/2.25

= 1.77 Utils.

Since Good A provides more utility, from a rational point of view, more of Good A should be consumed and less of good B.

In economics, utility is defined as the enjoyment or value gained from using a thing. The marginal utility of an item or service reflects how much pleasure or satisfaction customers acquire as a result of a one-unit increase or reduction in consumption.

Learn more about Utility:
https://brainly.com/question/24922430
#SPJ1

Because the interest rate in both case is higher than your medical debt's interest rate.

An interest rate informs you of how much borrowing will cost you and how much saving will pay off.

Therefore, the interest rate is the amount you pay for borrowing money and is expressed as a percentage of the total loan amount if you are a borrower. For a loan of a particular size, the higher the percentage, the more you must repay.

If you save money, you can find out how much will be deposited into your account as a percentage of your savings by looking at the savings rate. For a given size deposit, your account will receive more money if the savings rate is higher.

Learn more about  interest rate

https://brainly.com/question/25720319

#SPJ1

The following five distinctions exist between modern and local technology:

Local technology

1. Local technology refers to the tool that people utilized in the past to facilitate their tasks.

2. The environment wasn't harmed by the use of conventional technology.

3. No energy crisis was noticed when conventional technology was used.

4. Local technology was predicated on guesswork and constraints.

5. The use of conventional technologies supported social cohesion and independence.

It was discovered that people once used water mills, steam engines, and ploughs for farming.

Modern technology:

1. Modern technology refers to the technological innovation used in the modern world.

2. The environment is polluted by the use of contemporary technology.

3. The energy crisis resulted from it.

4. The foundation of contemporary technology, in fact, experience, and analysis.

5. People are becoming more reliant on contemporary technology.

Modern technology includes, among other things, computers, powerful machinery, and automobiles.

Learn more about technology here:

https://brainly.com/question/28288301

#SPJ9

Producer surplus is a concept in economics that measures the difference between the price a producer receives for a good or service and the minimum price they would be willing to accept to produce and sell that good or service.

To determine the price at which a company realizes the highest producer surplus, one would typically analyze supply and demand conditions in the market. Generally, the highest producer surplus occurs when the price of a good or service is set at a level where the cost of production is relatively low, and the demand for the product is high.

To calculate the producer surplus, you would need data on the supply and demand curves for the specific product in question. The area between the supply curve and the price level represents the producer surplus.

To analyze the highest producer surplus, one would need access to the company's cost data, production levels, and the corresponding demand and supply curves. This analysis would involve estimating the producer surplus at different price points and identifying the price level that maximizes it.

Without specific data and context, it is not possible to provide an exact calculation or conclusion. It is recommended to consult relevant market research, economic analysis, or financial reports to determine the price at which a company may realize its highest producer surplus.

To know more about surplus, visit;

https://brainly.com/question/14332993

#SPJ11

The debt will need to be repaid in 35 months.

The sum that the borrower owes to the lender is the simplest definition of debt. A debt is an amount of money that is borrowed for a specific amount of time and must be paid back together with interest. The borrower's creditworthiness affects both the size and the approval of the debt.

Given

PV = $705,

A = $25,

r = 15% / 12 = 0.0125

Required to Calculate time(months) =?

To solve this problem, we need to use the formula for calculating the present value of an annuity:

PV = A * [1 - (1 + r)^(-n)] / r

Substituting the values into the formula, we get:

705 = 25 * [1 - (1 + 0.0125)^(-n)] / 0.0125

Multiplying both sides by 0.0125 and simplifying, we get:

8.8125 = 1 - (1 + 0.0125)^(-n)

Taking the inverse of both sides, we get:

(1 + 0.0125)^n = 1 / 8.8125

Taking the logarithm of both sides, we get:

n * log(1 + 0.0125) = log(1 / 8.8125)

Dividing both sides by log(1 + 0.0125) and rounding up to the nearest whole number, we get:

n = ceil(log(1 / 8.8125) / log(1 + 0.0125)) = 35

Therefore, it will take 35 months to pay off the debt.

Learn more about Debt here:

https://brainly.com/question/17286021

#SPJ1

The Wanda's ethical and social responsibilities

about the data she collects and uses are to track and capture data about the people who visit her website and her Face.book page. She hopes to get information about who visits, how long they stay, what they click on, and other key information she can use to improve her marketing and even expand her product lines.

Wanda's ethical and social responsibilities also include securing her data as instances of data breaches in the news make rounds. She accumulate as much information as she can about her customers. Wanda figures that if people are using the Internet and the possibility of their information being compromised is just the price of living in a digital age.

Ethics or moral philosophy is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Therefore, the correct answers are as given above

learn more about ethics: https://brainly.com/question/24606527

#SPJ1

Answer:

True

Explanation:

Economic analysis is an analysis about how to fulfill infinite, overlapping needs with minimal capital. It's the method of determining how to "do the best from the least"—to have the most fulfillment with both the least amount of money and resources.

The cost object(s) of the departmental overhead rate method is the production departments in the first stage and the unit of product in the second stage. The correct option is c.

The departmental overhead rate method is a cost accounting technique used to assign overhead costs to products or services. In this method, the costs associated with a particular activity or cost object are first identified and divided into cost pools. The cost pools are then allocated to the cost objects based on an appropriate allocation base.

In the departmental overhead rate method, the cost object of the first stage is the production departments, which is then followed by the unit of product in the second stage. This means that the overhead costs are first allocated to the production departments, based on the cost of the department’s activities, and then allocated to the unit of product, based on the cost of producing the units. This method provides a more accurate way of allocating overhead costs, as it considers both the cost of the department and the cost of the product in allocating overhead costs.

This method of overhead allocation is beneficial for companies because it helps to ensure that the overhead costs are allocated to the cost objects in a more accurate manner. This helps to ensure that the overhead costs are not over-allocated, which would lead to an inaccurate measure of the cost of producing a product or providing a service. Additionally, this method of overhead allocation also helps to improve the accuracy of cost reporting and helps to ensure that the cost of producing a product or providing a service is accurately measured.

Hence the correct option is c.

To know more about cost object refer here:

https://brainly.com/question/28187907

#SPJ11