You are hired to perform industrial hygiene sampling at an automotive painting
facility. Several workers at the facility have experienced headaches and dizziness while stripping paints.
You suspect Methylene Chloride (Dichloromethane) exposures may be the cause. After sampling one
employee you determine the levels are as follows:
55 ppm for 4 hours
3 ppm for 1 hour (lunch and breaks)
42 ppm for 3 hours
1. What is the TWA of Methylene Chloride exposure of the employee sampled?
2. Is the exposure acceptable, above or below the PEL and TLV?
3. You have to explain your findings to the facility manager. What is the role of OSHA and ACGIH in
setting OELs?
4. What is your recommendation to the facility manager?
Answers
1. The TWA of Methylene Chloride exposure for the employee sampled is 38.6 ppm.
2. The exposure is above the OSHA PEL but below the ACGIH TLV.
3. OSHA sets legally enforceable PELs, while ACGIH provides voluntary guidelines in the form of TLVs.
4. The recommendation to the facility manager is to implement engineering controls, such as local exhaust ventilation, and provide personal protective equipment (PPE) to reduce Methylene Chloride exposure levels. Regular monitoring, training, and compliance with OSHA standards should also be implemented.
1. To calculate the Time-Weighted Average (TWA) of Methylene Chloride exposure for the employee, we need to calculate the total exposure during the sampling period and divide it by the total sampling time.
Total exposure = (55 ppm x 4 hours) + (3 ppm x 1 hour) + (42 ppm x 3 hours)
= 220 ppm-hours + 3 ppm-hours + 126 ppm-hours
= 349 ppm-hours
Total sampling time = 4 hours + 1 hour + 3 hours
= 8 hours
TWA = Total exposure / Total sampling time
= 349 ppm-hours / 8 hours
≈ 43.63 ppm
Therefore, the TWA of Methylene Chloride exposure for the employee sampled is approximately 43.63 ppm.
2. To determine if the exposure is acceptable, above, or below the Permissible Exposure Limit (PEL) and Threshold Limit Value (TLV) for Methylene Chloride, we need to compare the TWA to the established limits.
According to OSHA, the PEL for Methylene Chloride is 25 ppm (parts per million) averaged over an 8-hour workday. The American Conference of Governmental Industrial Hygienists (ACGIH) sets the TLV for Methylene Chloride at 50 ppm as a TWA for an 8-hour workday.
In this case, the TWA of Methylene Chloride exposure (43.63 ppm) is above the OSHA PEL of 25 ppm but below the ACGIH TLV of 50 ppm.
3. When explaining the findings to the facility manager, it's important to mention the role of OSHA and ACGIH in setting Occupational Exposure Limits (OELs).
OSHA is a regulatory agency responsible for ensuring safe and healthy working conditions in the United States. They establish and enforce standards, including PELs, which are legally enforceable limits on the amount or concentration of a substance in the workplace.
ACGIH is a professional organization that develops guidelines and recommendations for occupational safety and health. Their TLVs are not legally enforceable but are widely recognized and used as a reference by industrial hygienists and other professionals in the field. TLVs represent exposure limits considered to be safe for most workers.
Both OSHA and ACGIH play crucial roles in setting OELs. OSHA's standards are legally binding and serve to protect workers' health and safety, while ACGIH's TLVs provide guidance and best practices to promote safe working environments.
4. Based on the findings of elevated Methylene Chloride exposure levels, it is recommended to take appropriate measures to reduce the exposure of workers to acceptable levels. This can include implementing engineering controls such as improved ventilation systems, utilizing personal protective equipment (PPE) such as respirators, and providing proper training to workers regarding the hazards and safe handling of Methylene Chloride.
Additionally, it is important to conduct a comprehensive assessment of the facility's processes, controls, and monitoring methods to ensure compliance with OSHA regulations and adherence to ACGIH TLVs. Regular monitoring and evaluation of exposure levels should be performed to ensure ongoing compliance and worker safety.
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Related Questions
if a dysfunctional norm is very deeply ingrained in a team, the best strategy is probably to:
Answers
When a dysfunctional norm is deeply ingrained in a team, the best strategy is likely to address and challenge the norm directly, encourage open communication, and promote a culture of collaboration and trust.
Dealing with a deeply ingrained dysfunctional norm requires a comprehensive approach to facilitate change. It is crucial to create a safe and supportive environment where team members feel comfortable expressing their concerns and discussing the dysfunctional norm openly.
By acknowledging the problem and encouraging honest communication, the team can identify the root causes and explore alternative behaviors or practices. Implementing interventions such as team-building exercises, training programs, or coaching can help individuals develop new skills and behaviors that align with healthier team dynamics.
Over time, with consistent effort and commitment, the team can replace the dysfunctional norm with more effective and constructive behaviors.
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Briefly explain the downsizing options of job sharing, early retirements and reduced workweeks.
list four risks to organizational data
Answers
Downsizing is a business strategy to decrease the size of an organization to improve its overall efficiency. Downsizing options such as job sharing, early retirements and reduced workweeks are an alternative to layoffs.Job Sharing: This refers to the sharing of a full-time job by two employees. The two employees divide the work, responsibility and salary of the full-time job, which reduces costs and preserves job continuity.
However, job sharing can have some disadvantages. For example, it might be difficult to coordinate the schedules of the two employees, which could result in a decrease in productivity.Early Retirement: Early retirement is the process by which an employee can retire early before reaching retirement age. Organizations encourage early retirement to reduce the number of employees in the organization and reduce costs.
Although this option can save the company money, it can also result in a loss of experienced and skilled workers. Additionally, early retirement may not be as attractive for younger employees who are not yet eligible for retirement.Reduced Workweeks: Reduced workweeks involve reducing the number of hours that employees work. This can be achieved by reducing the number of days worked per week or reducing the number of hours worked per day.
This option can provide flexibility to employees who need to balance work with other commitments, and it can also reduce labor costs. However, it can also lead to a decrease in productivity and employee morale, as employees may feel overworked and undervalued.As for the four risks to organizational data:Data breaches - A data breach is an incident in which sensitive, protected, or confidential data is accessed or disclosed in an unauthorized manner.
Cyber Attacks - Cyberattacks are malicious attempts to damage, disrupt, or gain unauthorized access to a computer system or network.Virus/Malware Attacks - A virus is a type of malicious code or program that can replicate itself and infect other computers. Malware is a term used to describe a variety of malicious software programs, including viruses, trojans, and spyware.Physical Theft/Loss of Devices - The physical theft or loss of devices such as laptops, smartphones, or tablets can pose a significant risk to organizational data if sensitive or confidential data is stored on these devices.
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how can a business meet customer needs
Answers
last year, chester company's cone product had a higher contribution margin percentage compared to their creak product. however, creak contribution margin (in dollars) is much higher. this is because:
Answers
The reason the for this is A. Creak's labor and material costs were substantially higher than Cone's.
How does labor cost affect contribution margin ?Labor costs are one of the movable expenditures that go into the computation of contribution margin. The more elevated the labor cost, the lower the contribution margin will be.
This is because contribution margin is determined by subtracting the total variable outlays from the full sales. Consequently, if labor expenses rise, the aggregate variable costs increase, decreasing the contribution margin.
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Last year, Chester company's cone product had a higher contribution margin percentage compared to their creak product. however, Creak contribution margin (in dollars) is much higher. this is because:
a. Cedar's labor and material costs were substantially higher than Cake's.
b. Cake has no inventory.
c. Cedar's sales were substantially higher than Cake's.
What is an appraisal? Why is it usually included in the closing costs for buying a home?
Answers
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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jones company wants to improve its debt equity ratio and offers holders of convertible bonds additional consideration for converting their bonds to common stock. during 20x1, the company paid $500,000 for such consideration. this amount should be
Answers
During 20X1, the company paid $500,000 for such consideration this amount should have same interest rates and at same maturity.
What happens when a bond is converted?The fundamental features of a bond are maintained when it is converted. The ownership, maturity date, interest rate, and interest payment schedule are all the same as they were previously. Converting a bond is not a taxable event as long as it is still producing interest.
In order to increase its debt-to-equity ratio, Jones Company is offering holders of convertible bonds extra compensation in exchange for converting their bonds into common stock. The corporation paid $500,000 in 20X1 for the consideration that the money should have the same interest rate and maturity. Therefore, the bonds can be concverted into stocks.
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Fees associated with originating and processing a mortgage are
called ______.
Group of answer choices:
home owner's association fees
closing costs
mortgage insurance
property taxes
servicing fees
Answers
Fees associated with originating and processing a mortgage are called closing costs.
Closing costs refer to the fees and expenses that borrowers incur when finalizing a mortgage loan. These costs typically include various charges such as loan origination fees, appraisal fees, title search and insurance fees, attorney fees, credit report fees, and prepaid expenses like property taxes and insurance. Closing costs are typically paid at the closing of the mortgage loan and can vary based on factors such as the loan amount, property value, and location.
Homeowner's association fees are regular payments made to a homeowners' association for the maintenance and management of shared community amenities. Mortgage insurance is a separate fee that is often required for borrowers with a down payment below a certain threshold. Property taxes are recurring taxes levied by local governments on property owners. Servicing fees are charges associated with the ongoing administration and management of a mortgage loan.
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David, the manager of a bookstore, prefers to directly point out other's mistakes. Some employees see his communication style as rude and
aggressive. Which of the following can cause such a conflict?
O Concern over job security
Lack of trust
Differences in work styles
Diversity in the workplace
Answers
Answer:
Differences in work styles
Explanation:
Conflicts are serious disagreements. They arise from differences in ideas, opinions, methodology, or actions. Conflicts create tensions and may lead to verbal or physical violence if unresolved.
David, as the manager, has his style of working. The employees under him may have different methods of performing their roles. If David does not appreciate his junior ways of working, there could be tension and unnecessary conflicts.
The parts department of a large automobile dealership has a counter used exclusively for mechanics' requests for parts. The time between requests can be modeled by a negative exponential distribution that has a mean of five minutes. A clerk can handle requests at a rate of 15 per hour, and this can be modeled by a Poisson distribution that has a mean of 15. Suppose there are two clerks at the counter.
a. On average, how many mechanics would be at the counter, including those being served?
b. What is the probability that a mechanic would have to wait for service?
c. If a mechanic has to wait, how long would the average wait be?
Answers
a. there would be 1.25 mechanics at the counter, including those being served. b. the probability that a mechanic would have to wait for service is 0.25 or 25%. c. if a mechanic has to wait for service, the average wait time would be 5 minutes.
a. To determine the average number of mechanics at the counter, including those being served, we need to calculate the average number of mechanics waiting in the system. This can be calculated using the Little's Law formula:
Average Number of Mechanics in the System = Average Time Spent in the System * Arrival Rate
The average time spent in the system can be calculated using the formula for the mean of the negative exponential distribution, which is equal to the reciprocal of the rate parameter. In this case, the rate parameter is 1/5 since the mean time between requests is 5 minutes.
Average Time Spent in the System = 1 / (1/5) = 5 minutes
The arrival rate is the rate at which mechanics arrive at the counter, which is given by the clerk's service rate of 15 per hour.
Average Number of Mechanics in the System = 5 minutes * (15 mechanics/hour) = 75/60 = 1.25 mechanics
Therefore, on average, there would be 1.25 mechanics at the counter, including those being served.
b. The probability that a mechanic would have to wait for service can be calculated using the queuing theory formula for the probability of waiting in an M/M/2 system:
Probability of Waiting = λ^2 / (2 * μ * (μ - λ))
Where λ is the arrival rate and μ is the service rate.
In this case, λ = 15 mechanics/hour (arrival rate) and μ = 30 mechanics/hour (service rate, since there are two clerks at the counter).
Probability of Waiting = (15^2) / (2 * 30 * (30 - 15)) = 0.25
Therefore, the probability that a mechanic would have to wait for service is 0.25 or 25%.
c. If a mechanic has to wait, the average wait time can be calculated using the Little's Law formula:
Average Wait Time = Average Number of Mechanics in the System / Arrival Rate
In this case, the average number of mechanics in the system is 1.25 mechanics (calculated in part a) and the arrival rate is 15 mechanics/hour.
Average Wait Time = 1.25 mechanics / (15 mechanics/hour) = 0.083 hours or 5 minutes
Therefore, if a mechanic has to wait for service, the average wait time would be 5 minutes.
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what are the goals of using a disguise? (select all that apply)
Answers
The goals of disguise are Pass initial scrutiny ,Prevent recognition
What are the goals of using a disguise? disguise, cloak, mask mean to alter the dress or appearance of so as to conceal the identity or true nature. disguise implies a change in appearance or behavior that misleads by presenting a different apparent identity. The goals of disguise are Pass initial scrutiny ,Prevent recognitionThe law must have been carefully crafted to satisfy a "compelling governmental interest" and have been passed by the legislature in order to pass rigorous scrutiny.The highest level of review that a court will employ to determine whether governmental discrimination is lawful is strict scrutiny.
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The interest rate a company pays on loans depends in part on
A. its current ratio, debt-asset ratio, and operating profit as a percentage of global sales revenues.
B. its credit rating and the length of the term of the loan (1-year versus 5-year versus 10-year)--the longer the payback period, the higher the interest rate.
C. its debt-equity ratio and interest coverage ratio in the prior year.
D. whether its credit rating is above or below a B rating--all loans made to companies with a B or lower rating are made at prime plus 3.5%, while loans to companies with a credit rating of B+ or above are made at prime plus 1.5% [prime is defined as the "base" or "lowest" interest rate that creditors charge very low-risk customers who put up 200% or more collateral]
E. the extent to which its default risk ratio is above/below 3.0.
Answers
The interest rate a company pays on loans depends in part on credit rating and the length of the term of the loan the longer the payback period, the higher the interest rate.
Option B is correct.
What does the term "interest rate" mean?An interest rate tells you how much borrowing costs and how much saving pays off. As a result, if you're a borrower, the interest rate is the percentage of the total loan amount that you pay to borrow money.
What kinds of interest rates exist?The three main types of interest rates are as follows: the effective rate, the real interest rate, and the nominal interest rate. The stated rate at which interest payments are calculated is what is referred to as the nominal interest on an investment or loan.
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Which of the following is not a reason that women have traditionally received less pay for doing the same work as men?
Women have been encouraged to pursue careers in lower paying fields such as teaching and nursing.
Some employers have assumed that women are not as interested in career advancement as men.
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Overall, women have had less education, training, and experience in certain occupations than men.
Answers
Answer:
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Explanation:
What happens if you make a mistake on your tax return?.
Answers
you spend the rest of your life paying off debt then hand it down to your unborn children to deal with :)
Victor signs an arbitration agreement providing that he will arbitrate any disputes with his employer, Business Corp. Victor believes that Business Corp. has discriminated against him in violation of the Americans with Disabilities Act. The EEOC also investigated the situation and brought an action against Business Corp. alleging that Business Corp. discriminated against Victor in violation of the Americans with Disabilities Act. What is the effect of the arbitration clause in regards to the action brought by the EEOC?
Answers
Answer:
The arbitration clause signed by Victor and Business Corp. is binding to them only. That means that they must resolve their disputes using an arbitrator. But that clause has no effect on the Equal Employment Opportunity Commission (EEOC) and any of the actions that it decides to take against Business Corp. Government entities are not affected by arbitration clauses, since breaking the law cannot be made solved by an arbitrator.
an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answers
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
the annual rate intrest rate of Chucks savings account is 4.8% and simple intrest is calculated monthly what is the periodic intrest rate of chucks account
Answers
The periodic interest rate of chucks account is 0.4%. Thus the correct option is B.
What is the interest rate?An interest rate refers to an amount charged by a financial institution or bank when they provide money to an individual. This amount is charged on a fixed rate called the interest rate.
As simple interest is charged monthly, there will be 12 estimates of interest in a year.
In the given case, the Annual interest rate is 4.8%
So, the periodic interest rate = Annual interest rate /12
=4.8/12
= 0.4 %
Therefore, option B is appropriate.
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The complete question is
The annual interest rate of Chuck's savings account is 4.8%, and simple
interest is calculated monthly. What is the periodic interest rate of Chuck's
account?
A. 0.8%
OB. 0.4%
C. 1.2%
o
D. 2.4%
SUBMIT
Periodic interest rate of Chuck's account is 0.4%.
How to find interest rate?The periodic interest rate of Chuck's savings account is calculated by dividing the annual interest rate by the number of months in a year.
Convert the annual interest rate to a decimal: 4.8% = 0.048.Divide the annual interest rate by 12 (number of months in a year): 0.048 ÷ 12 = 0.00.Convert the periodic interest rate to a percentage: 0.004 × 100 = 0.4%Therefore, the periodic interest rate of Chuck's account is 0.4%.
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1 Gopal is the CEO of Gopal Leisure (GL). GL has a tall
organisational structure.
Gopal likes to know what all his directors and managers are
doing. He has delegated authority to the other directors for
marketing, finance and human resources management.
The employees in one of GL's leisure facilities are unhappy
about a recent decision taken by Gopal to block a pay
increase. The local manager had agreed the pay rise with
the director of human resources. The manager said, 'This is
typical of Gopal's autocratic leadership style.
[2]
[2]
[4]
a Define 'manager'
b Define 'organisational structure'.
c Identify four functions of management.
d Explain two benefits to GL of delegation.
e Do you think that an autocratic management
style is the best approach for Gopal to use?
Justify your answer.
[6]
[6]
Answers
A manager is known to be a person that does the work of supervising and motivating employees and they also aid or direct the progress of a firm.
What are the types of organizational structures?An organizational structure is known to be a system that states out how the activities in a firm are directed so as to achieve the goals of the firm.
There are four types of organizational structures. They are;
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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When it comes to architectural
engineering, another discipline aided
directly by technology that is used in
the engineering field is which of the
following?
Answers
Explanation:
jjkkllhgtytyuioytttyhffvnktsnbbgekmckik hhffgkokofxwtwwtuooppkjklbxcnm
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
The price of erasers increases from $0.50 to $1.00 per eraser. using the midpoint method, what is the cross-price elasticity of demand between pencils and erasers
Answers
The price of erasers increases from $0.50 to $1.00 per eraser. using the midpoint method, The cross-price elasticity of demand between pencils and erasers is 0.
Here is the formula for calculating the cross-price elasticity of demand using the midpoint method:
Cross-price elasticity of demand = (percentage change in quantity demanded for good X) / (percentage change in price of good Y)
In this case, the price of erasers has increased from $0.50 to $1.00, which is a 100% increase. If we assume that the quantity of erasers demanded remains unchanged, the percentage change in quantity demanded for erasers would be 0%. The percentage change in price of pencils would also be 0%, as the price of pencils has not changed.
Plugging these values into the formula, we get:
Cross-price elasticity of demand = (0%) / (0%) = 0
This means that the cross-price elasticity of demand between pencils and erasers is 0. This indicates that the demand for pencils is not affected by the price of erasers, and vice versa. In other words, the demand for pencils is not elastic with respect to the price of erasers.
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Subodh is a wholesaler of A4 Photocopy Paper. He purchases paper in bulk quantities, which enables the manufacturer to take advantage of economies of scale. Subodh purchases paper from manufacturers on cash basis and sometimes even give advance money for bulk orders. As Subodh is in direct contact with the retailers, he keeps informing the manufacturer about the changes in customers' preferences, market conditions, etc. Identify the 'Services of Wholesalers to Manufacturers being provided by Subodh by quoting lines from the given case.
Answers
Answer: The services provided by Subodh are 1. Facilitating large-scale production, 2. Collection of market information.
Explanation:
1. Facilitating large-scale production: Wholesalers cheaply purchase goods in bulk from manufacturers, enabling the manufacturer to take advantage of the economies of scale."He purchases paper in bulk quantities, which enables the manufacturer to take advantage of economies of scale."
2. Collection of market information: Retailers buy goods from wholesalers for sale to customers, so Wholesalers are in direct contact with the retailers who tell them the customers` changing preferences, prevailing market conditions, and demand for goods by the customers. This helps manufacturers to produce goods according to the growing demand of the customers and thus stay relevant in the market.
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The interest accrued on $6,400 at 6% for 75 days is: (Use 360 days a year.) Multiple Choice $448 O $46.
Answers
The interest accrued on $6,400 at 6% for 75 days is $80. This means that after 75 days, the total amount owed would be $6,480 ($6,400 + $80).
To calculate the interest accrued on $6,400 at 6% for 75 days using a 360-day year, we can use the simple interest formula:
Interest = Principal x Rate x Time
Here, the principal is $6,400, the rate is 6%, and the time is 75/360 of a year (since we are using a 360-day year). Thus,
Interest = $6,400 x 0.06 x (75/360) = $80
Therefore, the interest accrued on $6,400 at 6% for 75 days is $80. This means that after 75 days, the total amount owed would be $6,480 ($6,400 + $80).
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Assume your company’s sales increased from $3 million last year to $10 million this year. However, your biggest competitor is still the market leader with a 40% share of the $200 million widget market. Your other four competitors had sales this year of $53 million, $38 million, $12 million, and $7 million, respectively. For this year, what is your company’s MARKET SHARE? Type only a number along with a $ or % (if appropriate). Dollar amounts should be rounded to the nearest cent; percentages to the nearest tenth. *
Answers
Answer: 5%
Explanation:
The market share for the company will be gotten using the formula:
= Sales generated by company / Total industry sales × 100
= 10/200 × 100.
= 5%
Therefore, the company's market share is 5%
meaning of business and its objectives plz helppppp
Answers
Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Solve the equation 60%of 45
Answers
Explanation:
60%of 45
0.6×45
=27
....................
Answer:
27
Explanation:
source documents include:A. invoices receipts
B. bank deposits slips
C. all of the above
Answers
Source documents include invoices, receipts, and bank deposit slips.
Source documents are original records that provide evidence of financial transactions. They are the foundation of an organization's accounting system and serve as the basis for recording entries in the books. Invoices are documents issued by a seller to a buyer, indicating the details of a sale or purchase. Receipts are written acknowledgments that confirm the receipt of payment. Bank deposit slips are forms used to deposit money into a bank account, providing a record of the funds being deposited.
Therefore, source documents encompass invoices, receipts, and bank deposit slips, as they all play a crucial role in documenting and substantiating financial transactions.
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Joni, a college student, has $400 worth of expenses monthly. How much should she save be financially secure?
Answers
Answer:
200 i think sorry if im wrong
Explanation:
In the market for widgets, the supply curve is the typical upward-sloping straight line, and the demand curve is the typical downward-sloping straight line. The equilibrium quantity in the market for widgets is 250 per month when there is no tax. Then a tax of $6 per widget is imposed. As a result, the government is able to raise $750 per month in tax revenue. We can conclude that the after-tax quantity of widgets has fallen by
a. 25 per month.
b. 50 per month.
c. 75 per month.
d. 100 per month.
Answers
Answer:
The after-tax quantity of widgets has fallen by 125 per month
Explanation:
Equilibrium quantity when there was no tax = 250
Now with a tax of $6, the revenue generated based on the equilibrium quantity is 250 * 6 = $1,500
The government was able to raise only $750 out of the supposed $1500 it should generate from taxing the quantity of widgets sold.
Thus, the loss in Government revenue = $1500-$750 = $750
Thus, the quantity lost is exactly half of what we have as the equilibrium quantity i.e 750/6 = 125
Hence, we can conclude that the after-tax quantity of widgets has fallen by 125 per month
You manufacture 50 skis a day that are all sold to a retail store. Your capacity to produce skis is 60 skis per day. You produce skis seven days a week. You have received an additional order to supply a second retail store with 320 skis one month from today. Based on your current responsibility to the first retail store, can you satisfy this second sales order knowing the capacity of your manufacturing business?
Answers
Answer:
No. You need 32 days to meet the additional order, which is slightly more than a month (30 days).
Explanation:
With current manufacture at 50 skis/day,
and total capacity at 60 skis/day,
Excess capacity = 60 - 50 = 10 skis/day
This means in a month of 30 days (since you manufacture 7 days a week, all round), excess capacity can produce a total of 10 * 30 = 300 skis.
Therefore, you will not be able to meet the additional order to supply a second retail store with 320 skis in one month from today.
The number of days required to meet the order of 320 skis = \(\frac{320}{10(excess capacity)}\) = 32 days.