The average assets for the year were $16000000 with a margin of 5% and turnover of 5.0 on sales of $80 million for the year.
The average assets owned over an accounting period, such as a quarter or fiscal year, is frequently reported on a company's balance sheet. It is frequently figured by dividing the beginning assets by the final assets. This is carried out since a firm's actual level of assets will fluctuate every day as a result of normal business activity. Therefore, the average offers a better statistic. It is a helpful comparison because it shows how well the top management is using its assets to run the company when the asset level is low relative to sales.
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_____ managers are responsible for departments that perform a single functional task and have employees with similar training and skills.
Answer:
Functional
Explanation:
Functional managers are responsible for the management and provision of control over a business unit in an organisation. They manage people and the resources in a business unit such as marketing, customer care unit etc. One of the many advantages of functional management in an organization is that they focus on certain area of specialization, meaning that workers have special skills related to their job functions.
university subs and savory sandwiches are the only two sandwich shops in a small college town. if neither runs a special two-for-one promotion, both are able to keep their prices high and earn $10,000 a month. however, when both run promotions, their profits fall to $1,000. finally, if one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000, and the other loses $5,000. 1st attempt part 1 (1 point)see hint what is the dominant strategy for university subs? part 2 (1 point)see hint is the nash equilibrium the most profitable outcome for these two firms?
The Nash equilibrium condition suggests that: D. both will run the 2-for-1 promotion
What is a Bad equilibrium?Nash Equilibrium is an action profile that represents all players in a game and is used to predict the outcome of their decision-making interaction. It represents a steady state (i.e., a combination of all players' strategies) in which no player can benefit from unilaterally changing its strategy.
In Nash equilibrium, each player simultaneously plays their best response against the other players. In the Chicken game, for example, B is player 1's best response to A by player 2. A Nash equilibrium for a strategic game is a set of actions in which each action is the best response to the other.
In this case, when one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000 and the other loses $5,000. Therefore, both will run the 2-for-1 promotion.
In conclusion, the correct option is D.
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Complete question
Assume a non-cooperative oligopoly. University Subs and Savory Sandwiches are the only two sandwich shops in a small college town. If neither runs a 2-for-1 promotion, both are able to keep their prices high and earn $10,000 a month. However, when both run promotions, their profit falls to $1,000 each. Finally, if one runs a promotion and the other does not, the shop that runs the promotion earns a profit of $15,000 and the other loses $5,000. The Nash equilibrium condition suggests that:
A. one will run the 2-for-1 promotion and the other will not
B. both may or may not run the 2-for-1 promotion
C. neither will run the 2-for-1 promotion
D. both will run the 2-for-1 promotion
E. this situation has nothing to do with a Nash equilibrium
Economic and budgetary impacts of Telehealth policy: Comparison of the costs to enact, implement, and enforce the policy with the value of the Benefits Budget • What are the costs and benefits associated with the policy, from a budgetary perspective? • e.g., for public (federal, state, local) and private entities to enact, implement, and enforce the policy? Economic • How do costs compare to benefits (e.g., cost-savings, costs averted, return on investments, cost-effectiveness, cost-benefit analysis, etc.)? • How are costs and benefits distributed (e.g., for individuals, businesses, government)? • What is the timeline for costs and benefits? • Where are there gaps in the data/evidence-base
NOTE: Please, answer the above questions with references Thanks
The costs and benefits associated with Telehealth policy, from a budgetary perspective, involve considering the expenses involved in enacting, implementing, and enforcing the policy, as well as the economic impacts such as cost-savings, return on investments, and cost-effectiveness.
These costs and benefits are distributed among various stakeholders, including individuals, businesses, and government entities.
When evaluating the costs and benefits of Telehealth policy, it is important to assess the financial implications for both public (federal, state, local) and private entities. Enacting, implementing, and enforcing the policy may involve costs such as legislative processes, regulatory compliance, infrastructure development, technology investments, training, and monitoring.
On the other hand, the benefits can include potential cost-savings through reduced healthcare expenses, improved access to care, enhanced patient outcomes, and increased productivity.
The comparison between costs and benefits is crucial to assess the policy's economic viability. Cost-savings, costs averted, and return on investments can demonstrate the potential financial advantages. Cost-effectiveness and cost-benefit analysis provide further insights into the balance between costs and benefits.
The distribution of costs and benefits is another important aspect. Individuals may experience reduced out-of-pocket healthcare expenses and increased convenience, while businesses could benefit from a healthier and more productive workforce. Government entities may bear initial implementation costs but can benefit from long-term cost-savings in healthcare expenditures.
The timeline for costs and benefits can vary. Initial costs may be incurred during the policy's implementation, while benefits may accrue over time as the utilization of telehealth services increases and healthcare outcomes improve.
Gaps in the data and evidence-base exist and should be acknowledged. Robust studies and comprehensive data are necessary to accurately assess the long-term economic and budgetary impacts of Telehealth policy. Researchers, policymakers, and stakeholders should continue to gather data and conduct research to fill these gaps and provide a more informed understanding of the costs and benefits associated with Telehealth policy.
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When the stock market as a whole is rising in value then it is referred to as a bear market. True or false?
Answer: False
Explanation: A bear market is when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment.
c) It seems clear that the future is likely to involve more technology, not less, so that engineers will face demands for Innovation and Invention design of technical systems of unprecedented complexity. Distinguish between Innovation and Invention as applied to technological Design.
Innovation involves improving existing technology through new ideas and methods, while invention is the creation of entirely new technology or systems. Both are crucial for engineers in the face of increasing technological complexity.
In the context of technological design, innovation and invention play distinct roles. Innovation involves improving upon existing technology by introducing new features, enhancing functionality, or finding more efficient ways of achieving a goal. It focuses on incremental advancements and refinements to existing systems. Engineers involved in innovation work with the foundation already in place and seek to optimize it further. For example, a smartphone company may innovate by introducing a faster processor or a more advanced camera system.
On the other hand, invention involves the creation of entirely new technology or systems. It represents a breakthrough moment when something groundbreaking and unprecedented is brought into existence. Invention often requires a high level of creativity and a deep understanding of scientific principles. Engineers involved in invention push the boundaries of what is currently known and strive to develop revolutionary concepts. For instance, the invention of the internet or the development of electric vehicles are examples of major technological breakthroughs.
In summary, innovation focuses on improving and refining existing technology, while invention involves the creation of entirely new technology or systems. Both processes are crucial for engineers in the face of increasing technological complexity, as they provide avenues for progress, advancement, and meeting the demands of the future.
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Explain what is meant by the business entity concept?
explain socialism, capitalism and mixed economy with their features advantages and disadvantages
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
A financial institution that accepts deposits makes loans and provides other services as a nonprofit organization is called a:
A. Credit Union
B. Retail Bank
C. Title Pawn Lender
D. Payday Lender
Credit Unions are nonprofit financial institutions that accept deposits, provide loans, and offer other services. As a result, choice (A) is right.
What is meant by a nonprofit organization?A nonprofit organization (NPO) or non-profit organization is a legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business with the goal of making a profit for its owners. It is also referred to as a non-business entity,[1] or nonprofit institution,
The non-distribution constraint applies to nonprofit organizations, which means that any surplus funds must be used to further their mission rather than being distributed to other parties.
A wide range of organizations, including certain political organizations, schools, business organisations, churches, social clubs, and consumer cooperatives, are nonprofit. Governments may grant tax-exempt status to nonprofit organizations, and some may be eligible for tax-deductible donations. However, an organization can establish as a nonprofit organization without obtaining tax-exempt status.
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Click this link to view O*NET’s Work Context section for Financial Analysts. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Financial Analysts? Check all that apply.
a. indoors, environmentally controlled
b. face-to-face discussions
c. electronic mail
d. extremely bright lighting
e. cramped work space
f. spend time bending or twisting the body
The work context for financial analysts includes indoors, environmentally controlled, face-to-face discussions, and electronic mail.
Financial analysts are involved in the duties to provide businesses with guidance regarding their fund management, the performance of financial instruments, and financial market assessment.
According to O*NET, financial analyst performs their activities in indoor premises that have a controlling work environment in terms of work ethics and culture.
Another task of financial analysts is to have face-to-face discussions while meetings or presentations with investors and clients of the business regarding business financial goals and profitability.
Electronic mail is also used by analysts to coordinate with other departments and gather financial information.
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Answer:A,B,F
Explanation:Trust
What is the cost gained by producing one additional unit of a good or service?
A. Market-Oriented System
B. Marginal Revenue
C. Market Structure
D. Marginal Cost
Answer:
B Marginal Revenue
Revenue is money earned from the production of goods and services.
based on the breadth of tasks fulfilled by genealogists at ancestry described in the article, which alternative to job specialization has likely been used in job design to overcome the problems associated with overly specialized jobs?
a. Work teams
b. Job enlargement
c. Job rotation
d. Job enrichment
Option (c), Job rotation, an alternative to job specialization, has likely been employed in job design to address the issues with excessive job specialization, according to the range of duties carried out by genealogists at ancestry as detailed in the article.
How could job rotation help with the problems caused by job specialization?Employees are trained in advance by managers so they can rotate jobs and gain a variety of skills and experiences. It is necessary for someone to fully develop. Also, they are aware of the problems other departments are experiencing and attempt to adapt to or address them.
What other types of employment are there?Employment specialization was initially replaced by job rotation, job enlargement, and job enrichment. The five aspects of skill diversity, task identity, task relevance, autonomy, and feedback are said to boost a job's capacity to motivate personnel.
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what are job responsibitiltes
Explanation:
we have to do all the work of our employees and we have to respect our employees and our seniors and to do lot of work mark brainleast please plz plz please please please please please please please please please please please please please please please please please please pleaseWhich of these options for saving money typically offers the most liquidity?
A. Savings bond
B. Savings account
C. Certificate of deposit
D. Money market account
Answer:savings account
Explanation:
Answer:
B. Savings account
Explanation:
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
a manager will essentially require [blank] skills to test ideas clearly on a small scale before taking bigger risks or committing significant resources to a larger project.
a manager will essentially require experimentation skills to test ideas clearly on a small scale before taking bigger risks or committing significant resources to a larger project.
What is experimentation skill?Students should learn experimental skills both in high school and college. Various strategies exist on a continuum between implicit and explicit education to encourage experimental skills. Numerous findings that primarily concern students are accessible with regard to various educational strategies.
It is debatable whether teaching experimental skills directly or implicitly in college courses is preferable. Furthermore, if experimental skills are explicitly encouraged, what about content-related abilities?
It is debatable whether explicitly teaching experimental skills in teaching programs that have both experiment-related and content-related objectives leads to a decreased degree of achievement of content-related objectives. This essay addresses both inquiries.
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which of the following are common responses of employees when faced with change?
Common responses of employees when faced with change are resistance, fear, and anxiety. Anxiety might manifest itself as a reluctance to accept new assignments or as a sense of unease or tension.
Change is not always a comfortable prospect for employees. When changes are announced, people's reactions can vary widely, from welcoming to resisting or feeling anxious or frustrated. Here are the common responses of employees when faced with change: Resistance: Resistance is a typical response when change is perceived as threatening to employees' security, comfort, and/or control.
Employees may resist change by denying its relevance, criticizing it, or actively fighting it. Fear: Change often poses a potential danger to employees, whether it's the possibility of losing one's employment or of being unable to execute the new tasks required. Fear may lead to negative feelings such as worry, mistrust, and doubt, all of which might hinder progress. Anxiety: The mere thought of change may cause anxiety for some employees, especially if they are uncertain about what will happen in the future.
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Which statement provides a definition of risk from an insurance/ takaful perspective? a. An activity that can produce more than one result or outcome. b. Activities that may lead to profit or loss. c.
The statement that provides a definition of risk from an insurance/takaful perspective is that "Activities that may lead to profit or loss."
Insurance/takaful is an agreement in which an individual or organization gets financial security or repayment against losses from an insurance/takaful company. The insurance/takaful companies' primary function is to help their clients by offering financial protection in the form of compensation. They will repay them for the loss or damage caused by a specific or covered risk.The risk from an insurance/takaful point of view is the possibility of loss or damage to property or loss of life. Activities that have a potential for both profits and losses are referred to as risks. In insurance/takaful, the risk is assessed based on the likelihood of an accident occurring, the severity of the injury, and the potential costs involved.Risks are divided into two categories: pure risks and speculative risks. Pure risks are those in which there is only a possibility of a loss.
In contrast, speculative risks are those in which both the potential for profit and the potential for loss exist. Risks are transferred to the insurance/takaful companies so that individuals can avoid the financial consequences of an unexpected loss. In exchange, individuals pay a premium to the insurance/takaful companies.
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what is referred to a process that involves developed action plan that leads to achieving specific goals
Answer:
The appropriate approach is "Developing strategic plan ".
Explanation:
Knowing what it does and reevaluating it to ensure that it is the leading northern star for certain activities seems to be the secret to creating a successful strategic planning strategy. This strategy includes defining the intent, strategies, and procedures of an organization which would be used to achieve those objectives. As such, this strategy seems to be an important aspect of the operation of an organization, even though it is necessary to undertake the process of designing the schedule with serious thought and thoroughness.Goal setting is the process which involves developed action plan.
Let understand that "Goal setting "involves drawing an action plan in order to motivate and guide a person or group toward a goal.
Setting a deadline for a goal create a schedule to achieve the particular goal.
Some benefit of goal setting in an organisation includes:
Goals provides Motivation because energy are directed for accomplishment of the task.Its provides a dedicated direction for the company.Goal setting result to sense of personal satisfaction.Its bring forth clear focus on what is important.Its brings Clarity in Decision Making in a company.New goals become part of an organisation purpose of existence.Learn more about Goal setting here
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The top five cities where venture capitalists are investing their money represent 10% of the global total.
True
False
it is false statement that the top five cities where venture capitalists are investing their money represent 10% of the global total.
What is a Venture capital?
This refers to the managerial expertise provided by investors to startup firms with long-term growth potential.
However, it is false that the top five cities where venture capitalists are investing their money represent 10% of the global total.
Therefore, the statement is a false statement.
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T/F: Task statements are written to emphasize the outcomes of a work process, as well as describing how the task is expected to be performed.
The given statement "Task statements are written to emphasize the outcomes of a work process, as well as describing how the task is expected to be performed because task statements provide clear and concise descriptions of the specific activities or actions that need to be accomplished to achieve a particular goal or objective.
When writing task statements, it is important to focus on the desired outcomes or results of the task. This helps provide clarity and direction to the individuals responsible for performing the task. By emphasizing the outcomes, it becomes easier to align the efforts of the individuals with the overall objectives of the organization or project.Additionally, task statements should also include information on how the task is expected to be performed.
This can involve describing the necessary steps, procedures, methods, tools, or resources required to complete the task successfully. By outlining the expected approach or process, task statements ensure consistency, efficiency, and quality in task execution.In summary, task statements serve as a guide for individuals by highlighting the desired outcomes and providing instructions on how to perform the task effectively.
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acbc mfg co has estimated breakeven volume of 40,000 units. what is the unit variable cost (including commission)
acbc mfg co has estimated breakeven volume of 40,000 units. what is the unit variable cost (including commission)- $21.00
what is unit variable cost?
Unit Variable Cost: What Is It? The cost of each unit of goods that a firm produces is referred to as variable cost per unit. Variable costs alter as changes take place in the company's level of production or activity. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of production in some accounting statements. A variable cost is an ongoing expense whose value varies depending on variables like output and sales income. Labor, raw materials, and distribution costs are examples of variable costs.
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Once the election to use the LIFO inventory method has been made by a taxpayer, the inventory method may be changed only with the consent of the IRS.
A. True
B. False
A. True Once a taxpayer has elected to use the LIFO (Last-In, First-Out) inventory method, it becomes a part of their accounting method. As a result, any changes to this method must be approved by the IRS.
This is because changing inventory methods can potentially have a significant impact on a taxpayer's tax liability. For example, changing from LIFO to FIFO (First-In, First-Out) could result in a lower cost of goods sold and higher profits, which would increase the taxpayer's tax liability.To change inventory methods, a taxpayer must submit a request to the IRS and provide a detailed explanation of why the change is necessary. The IRS will then review the request and may require additional information or documentation before granting approval. It is important for taxpayers to be aware of the rules and requirements surrounding inventory methods and to work with a qualified tax professional to ensure compliance with IRS regulations.
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Samir is having many problems with his current marketing team. There seems to be a lot of mistakes and misunderstandings between team members which is leading to a lot of conflict and hampering the team’s ability to perform well. What characteristic is Samir’s team MOST likely having trouble with?
There is lack of Teamwork in Samir's team.
How to deal with the barriers of teamwork ?Teams, by virtue of their collaborative character, are prone to mistakes that people working alone are not. Team members may not always get along, and concentrating everyone's attention on a common goal can be difficult. This makes it difficult to complete duties as quickly and effectively as feasible.
The team's size can occasionally have an impact on how well it works. A larger team requires more sophisticated coordination and communication than a smaller one. Due to its complexity, judgments may need to consider more information, meetings may be harder to schedule, and tasks may take longer to accomplish.
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Despite the popularity of drug testing, there is no clear evidence that applicants who score positive on drug tests are any less reliable or less productive employees.
a. True
b. False
Answer:
False
Explanation:
drug testing is a technical ways of analysing specimen such as urine, blood and so on from human to know if the person is on particular paren drug. This is necessary because employee that test negative to some parent drugs are more productive in their daily activities and they are reliable, and it makes the production to be effective.
Therefore, the claims that Despite the popularity of drug testing, there is no clear evidence that applicants who score positive on drug tests are any less reliable or productive employees is false.
Which options does the Ink Equation dialog box provide? Check all that apply.
Clear
Copy
Correct
Erase
Preview
Write
Answer: the answer to this question is Clear, Correct,Erase,Preview,Write
Explanation:
Rapid-Built Homes specializes in low-cost prefabricated, modular homes that can be erected in a mat-ter of days anywhere in the country. Rapid-Built focuses on entire subdivisions of homes developed by real estate speculators. ModernModular Homes (ModMod) specializes in modular homes designed by architects which can be built anywhere in the country. The buyers usually build the home themselves from kits on their own lots. ModMod sells fewer than 100 house kits per year. ModMod is run by two professors of architecture as a sideline business. According to the "Framework of Competitive Analys-is," we can say that Rapid-Built and ModMod:________.
a. are direct mutually-acknowledged competitors.
b. have high resource similarity.
c. have high market commonality.
d. are probably not engaged in intense competitive rivalry.
Answer:
D, are probably not engaged in intense competitive rivalry
Explanation:
A competitive analysis framework or framework of competitive analysis can be said to be an analysis model that is used to examine a competitor market structure. This in turn helps you to properly prepare or structure your market analysis.
There are about 5 competitive analysis frameworks. They include SWOT(strength Weakness Opportunity Threats), Porter's five forces, Strategic group analysis, growth share matrix, perceptual mapping.
In the case of Rapid-Built Homes and ModMod, they are not exactly involved in intense competitive rivalry because while Rapid-Built homes is a developed by real estate speculators, ModMod is a side business for two architecture professors. This means that selling of housing units by Rapid-Builts is the source of main income for the company while for ModMod, is it not the main source of income for the professors.
Cheers
Do you think that employers have a right to judge an applicant attitude when hiring? Give a reason for your answer
In order for a nation's PPF to bea straight line , resources must be somewhat specialized, so that the law of increasing opportunity cost holds. In order for a nation's PPF to bebowed outward , there must be complete interchangeability of resources.
When the PPF bowed outwards, the resources are specialized and cannot be interchanged and when slope of PPF is straight line, there is complete interchangeability of the resources.
What is the Production possibility frontier?The Production possibility frontier is an economic curve that illustrates the amounts of two products that can be produced while both of them depend on the exhaustible resources.
The slope of the PPF curve explains an opportunity cost of a production.
In conclusion, when the PPF bowed outwards, the resources are specialized and cannot be interchanged and when slope of PPF is straight line, there is complete interchangeability of the resources.
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You are planning a promotion that will feature breakfast burritos Your store normally sells 175 breakfast burritos per week The promotion is scheduled to last for one week The stated goal is a sales increase of 20%. How many more breakfast burritos must be sold in order to meet the sales increase goal
Answer:
35 more burritos need to be sold.
Explanation:
Normal sales are 175 burritos per week.
The promotion target is to increase sales by 20%.
The additional sales from the promotion must be at least 20% of 175 to meet the sales goal.
20% of 175 burritos
=20/100 x 175
=0.2 x 175
=35
35 more burritos need to be sold.