As long as smartphones are manufactured and are in demand, the demand for new apps will never die. this exemplifies demand. This exemplifies joint demand.
A telephone is a transportable computer device that mixes mobile phone and computing capabilities into one unit. They're distinguished from feature phones by means of their more potent hardware capabilities and sizable cellular operating structures, which facilitate wider software program, internet (which includes net surfing over cell broadband), and multimedia capability (which include music, video, cameras, and gaming), along middle smartphone capabilities such as voice calls and text messaging. Smartphones typically include some of metal–oxide–semiconductor (MOS) included circuit (IC) chips, include various sensors that can be leveraged by pre-covered and 0.33-celebration software program (consisting of a magnetometer, proximity sensors, barometer, gyroscope, accelerometer and greater), and aid wireless communications protocols (which includes Bluetooth, wi-fi, or satellite navigation).
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Answer:
joint
Explanation:
what is not correct about the social housing projects in chile developed by architecture firm elemental, led by alejandro aravena (who was awarded the 2016 pritzker architecture prize)?
The freedom for owners to expand their buildings within the parameters set forth
In the Build Back Better Act—was it approved?President Biden authorized its passage on August 16, 2022. The House gave its approval.
What does "build back better" mean?Building Back Better (BBB) is a term we use to refer to a holistic idea that uses post-disaster reconstruction and recovery as an opportunity to enhance a community's physical, social, environmental, and economic conditions in order to effectively and efficiently build a more resilient community [1].
What does the new Build Back Better Act contain?The main objectives of the plan are to lower consumer prescription drug prices, restructure corporate taxation, lower current and future inflation rates, extend health insurance subsidies under the Affordable Care Act, and reduce greenhouse gas emissions while increasing domestic energy output.
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a company's ceo asks the marketing department to use a communication mix consisting of a special blend of advertising, sales promotion, public relations, personal selling, direct marketing, digital marketing, and event marketing. the cmo refers to the use of:
An innovative combination of advertising, sales promotion, public relations, personal selling, direct marketing, online marketing, and event marketing. In the CMO, the promotion mix is discussed.
what is the promotion mix?To maximize promotional efforts and reach a larger audience, marketers create a promotion mix, which is a collection of various marketing strategies. The duty of the marketer is to determine the ideal promotion mix for a specific brand. It takes marketing expertise and experience to create a promotion mix.
To create a successful promotion mix, marketers must conduct numerous studies and gather a ton of information on a specific brand. For instance, you must evaluate which marketing channels will best reach your target audience, determine how much money you can spend on a promotion, and define your target demographic.
A promotion mix is a more comprehensive strategy for one of the marketing mix's five components, promotion. People, products, places, and prices are further considerations.
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which of the following would be included in the calculation of total invested capital? choose the response that is most correct. notes payable taxes payable accounts payable responses a and c would be included in the calculation of total invested capital. none of the above would be included in the calculation of total invested capital. the correct response is
The money a company owes its financiers—banks and other financial institutions as well as other sources of funding like friends and family—is represented by notes payable, which are long-term liabilities.
They are long-term because they are due in more than a year, but typically in five.
What is an illustration of payable notes?
Notes payable can be used to purchase anything from a building to a company car to a bank loan. Depending on when the loan is due, notes payable can be referred to as a short-term liability (less than one year) or a long-term liability (more than one year).
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4. what are the challenges facing bill morani and hal in moving their sustainability agenda forward?
Bill Morani and HAL still have problems with their supply chain problems, solid and hazardous waste emissions to the waterways, and fuel efficiency.
Making partnerships with other groups that share your goals and values is one way to involve stakeholders who aren't already involved. For instance, HAL may collaborate with neighborhood environmental groups to help them promote and support their sustainability initiatives.
Another tactic to decrease the environmental impact of the cruise industry is to invest in environmentally friendly technologies and practices. To lessen its carbon impact, HAL might, for instance, spend money on fuel-efficient ships or renewable energy sources.
Looking for grants and donations from private foundations and government organizations is the last alternative for financing these activities. For instance, HAL can ask the Environmental Protection Agency (EPA) for grants to help with funding its environmental initiatives.
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the board of directors of laylow corporation issued 1,000 shares representing 10 percent of the corporation to don in exchange for an unsecured promissory note to pay laylow $50,000 within the next 20 years. don is the son of charles, owner of 70 percent of the shares of the corporation. the total book value of the corporation at the time laylow issued the shares was $5,000,000. alan and bob, owners of 20 percent of the total shares, discovered the transaction one month after it occurred. alan and bob sued don on behalf of laylow corporation seeking to invalidate the transaction. should the court invalidate it?
This rule's application is that the Laylow Corporation board of directors is not permitted to issue shares for less than the shares' par value.
The decision is that the transaction should be declared invalid by the court.
Don received 1,000 shares of Laylow Corporation, or 10% of the company, in exchange for an unsecured promissory note that he would pay Laylow $50,000 within the next 20 years. Charles, who owns 70% of the corporation's shares, has a son named Don. At the time Laylow issued the shares, the corporation's total book worth was $5,000,000. One month after the transaction had a place, 20% of the shares' owners Alan and Bob learned about it. On behalf of Laylow Corporation, Alan and Bob sued Don in an effort to have the deal thrown out.
The transaction should be declared void by the court. By approving a transaction that was not in the corporation's best interest, the board of directors violated its fiduciary obligation to it. The value of the existing shareholders' interest in the company was diminished by the board of directors by issuing shares to Don at a discount to market value. Additionally, by issuing shares in exchange for an unsecured promissory note, the board of directors put the organization in danger. The corporation will be helpless if Don breaches the note.
The corporation and its shareholders will benefit most if the transaction is declared invalid. If Don doesn't pay the promissory note, it will safeguard the value of their shares and stop the firm from suffering any losses.
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asks his team to prepare a proposal for a major client, but he does not outline his expectations. what is the most likely result?
His credibility will suffer as a result.
When setting expectations, why is it important to describe responsibilities?
The manager has the opportunity to delve deeper into the job description to ensure that expectations are clearly understood during the conversation. Job descriptions provide an overview of the position. Verify that the objectives are appropriate.
Which of the following is a good way to respond to questions?
Limit the number of inquiries per email to one. Divide the questions into segments and respond to each segment separately. Set off each inquiry by utilizing unique designing. Don't use lists with numbers or bullets.
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Trucking llc enters into a contract to deliver a certain quantity of potatoes to united foods’s refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is.
Trucking LLC enters into a contract to deliver a certain quantity of potatoes to united foods’ refrigerated warehouse in exchange for a specified payment. Trucking delivers the spuds to the location. United’s duty to pay is absolute.
Most small trucking agencies and unbiased proprietor operators choose to sign up as an LLC, which stands for restricted liability corporation.
An LLC is sort of a business enterprise that separates your business assets from your private property but it's miles a lot easier to manipulate than an organization, mainly for small organizations.
Most trucking business enterprise owners select to establish an LLC for his or her business because it offers flexibility in how they run their employer.
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time-series analysis of a firm's common-size balance sheets reveals the following data: 20x3 20x4 20x5 current assets 20% 22% 25% inventory 8% 9% 11% short-term debt 10% 11% 12% long-term debt 24% 21% 18% based only on the data provided, an analyst can conclude that the firm's:
Based only on the data provided, an analyst can conclude that the firm's debt ratio is decreasing.
Calculating, (answer in percentage)
[tex]20X3: 10 + 24 = 34[/tex]
[tex]20X4: 11 + 21 = 32[/tex]
[tex]20X5: 12 + 18 = 30[/tex]
The debt ratio is the sum of all debt subtracted from all assets. Because common-size balance sheet statistics are expressed as percentages of total assets, the debt ratio can be determined from the information provided. The debt-to-income ratio evaluates how much of your gross monthly revenue goes toward paying off your monthly debts. A good debt-to-income ratio is less than or equal to 36%. An excessive debt-to-income ratio is one greater than 43%. Debt ratios show how much a business borrows to fund its operations. They can also be used to assess a party's ability to pay back a loan. These ratios are important because if a company's debt level is too high, stockholders may be in danger.
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What companies are currently experiencing supply chain issues or inflation?
Answer:
Amazon, Kellogs, Nike
Explanation:
HP is also a company being affected by the supply chain issues :)
the two steps in business portfolio planning are ________ and ________.
The two steps in business portfolio planning are receive more, and less, or no investment.
A business portfolio is defined as a set of merchandise, services, and other business enterprise divisions.
This portfolio can also be called the corporation's set of handy assets that it uses to attain its desires. It includes investments, holdings, merchandise, groups, and logos.
The two types of portfolio techniques include the active approach and the passive approach.
An active approach is a funding tactic in which a fund supervisor buys and sells securities in reaction to the converting market situations. With a passive approach, you avoid shopping for and selling stocks regularly.
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a firm's short-run supply curve is the same as its mc curve at points after it intersects the avc curve because the short run production decision depends entirely on the
A firm's short-run supply curve is the same as its mc curve at points after it intersects the avc curve because the short run production decision depends entirely on the variable costs of production.
In the short run, supply can be altered by altering only the variable factors while the fixed factors remain the same. By doing this, the company will be stuck with fixed costs even if it fails. Because of this, the company will continue to supply commodities in the short term until the price is larger than or equal to the average variable cost.
As a result, a company will keep selling the good until the marginal cost equals the selling price or the average revenue. The firm will produce until marginal revenue and marginal cost are equal, which happens under perfect competition when average revenue equals marginal revenue. The supply curve shows the connection between cost and output.
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managers often cite cost issues during the end phase of a project as one of their biggest challenges and the main cause of conflict.
a. true
b. false
Managers often cite cost issues during the end phase of a project as one of their biggest challenges and the main cause of conflict B) false.
Fast-tracking involves doing activities in parallel that one would typically do in sequence. the main advantage of fast-tracking is that it can shorten the time needed to finish a project. After working with key stakeholders to define activities and calculate their resources, the following process in project time management is to: estimate the duration of activities.
It is unnecessary to complete all of the activities on the network diagram for the project to finish. The main outputs of activity resource estimating include a project schedule network diagram, requested changes, and updates to the activity list and attributes.
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if the number of workers in an economy doubled, all other inputs stayed the same, and there were constant returns to scale, productivity would
If the number of workers in an economy doubled, all other inputs stayed the same, and there were constant returns to scale, productivity would fall, but it would still be greater than one-half of its former value.
The combined economy definition is an economic system in which each private marketplace and the authorities manage the elements of manufacturing. It is the most commonplace shape of the financial system that exists within the globe nowadays.
Financial structure is a term that describes the converting stability of output, trade, incomes, and employment drawn from one-of-a-kind monetary sectors – ranging from number one (farming, fishing, mining, and so forth) to secondary (manufacturing and creation industries) to tertiary and quaternary sectors (tourism, banking, software.
An economic system is a gadget whereby items are produced and exchanged. Without a possible financial system, a nation will collapse. There are 3 primary types of economies loose market, command, and mixed economies.
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The ________ system conversion approach is thought to be risky because the new system might fail.
The whole system conversion approach is thought to be risky because the new system might fail.
The riskiest conversion method, especially for large, complicated systems, is whole system conversion. It also takes the least time to accomplish. Because the system is introduced progressively throughout modular conversion, risk is somewhat reduced. However, it lengthens the procedure and increases costs.
Conversion risk is the lack of confidence surrounding the costs of alternative constructions that could take its place in the event of severe damage. Because conversions are far less common than sales, it is less visible than equity risk. The demand for property insurance is impacted by the two types of externality risk.
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a partner contributes property or services in exchange for the general ownership interest called a(n)
A partner contributes property or services in exchange for a general ownership interest known as a partnership interest.
A contribution claim is a claim brought by one or more defendants to a lawsuit for monetary damages brought by a plaintiff. A contribution claim states that the party is entitled to "contribution" from a third party for any monetary damages granted to the plaintiff. For example, if a plaintiff sues a homeowner for damages caused by a garage door, the defendant homeowner could add a third party, the manufacturer of the garage door, to contribute to any damages awarded to the plaintiff based on the proportionate share of responsibility, liability, or fault assigned to the homeowner and the manufacturer by the jury. Contribution claims are typically filed with the initial complaint.
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what implications does the effect on residents have for the firm, and how would you describe it using economic terminology? (select all that apply.)
Residents have to suffer from economic transaction, it would be described in economic terminology as External Cost
Explanation of External cost
A cost suffered by a person, business, or community as a result of an economic transaction in which they are not actively participating is known as an external cost. Both production and consumption can result in external expenses, which are often referred to as "spillovers" and "third party costs."
External cost includes
Purchasing consumer goods commonly creates waste in terms of packaging, as well as other environmental costs including carbon emissions resulting from travelling to stores and outlets.Environmental costs can also arise from the production process, including direct costs from emissions and costs from transportation and distribution.Excessive fishing can deplete fish stocks and lead to unemployment in the fishing industry in the future.To learn more about external cost
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instead of offering flashy incentives like gym memberships, office parties, and expensive lunches, netflix prides itself on having an organization with great team members dedicated to achieving common goals. this shared belief is an example of a strong
Instead of offering flashy incentives like gym memberships, office parties, and expensive lunches, Netflix prides itself on having an organization with great team members dedicated to achieving common goals. this shared belief is an example of a strong Organizational culture.
Employee impressions of corporate practises and policies are shaped by organizational culture, which consists of shared ideas and values transmitted to lower levels of management by top management and company leaders. This behavior is required of employees and team members as part of the culture.
What is Organizational culture?
The notion of organizational culture has historically been disputed among researchers. Edgar Schein, a pioneering researcher in this area, defined "organizational culture" as a collection of traits, including a common "pattern of basic assumptions" that group members have grown accustomed to over time as they develop the skills to successfully handle both internal and external organizationally relevant problems. In his 1951 book The Changing Culture of a Factory, Elliott Jaques first presented the idea of culture in the context of organizational settings. A case study of changes in the social life of one industrial neighbourhood between April 1948 and November 1950 was the subject of the book. The "instance" included a publicly traded British business whose primary activities were the production, distribution, and maintenance of metal bearings. The study focused on describing, analyzing, and developing corporate group behaviors.
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instead of offering flashy incentives like gym memberships, office parties, and expensive lunches, netflix prides itself on having an organization with great team members dedicated to achieving common goals. this shared belief is an example of a strong
________ involves first identifying and assessing competitors and then selecting which competitors to attack or avoid.
A) Competitor analysis
B) Benchmarking
C) Customer-centered analysis
D) Market leading
E) The marketing management process
Competitor analysis involves first identifying and assessing competitors and then selecting which competitors to attack or avoid.
Competitive analysis in marketing and strategy management is the evaluation of the strengths and weaknesses of current and potential competitors. This analysis provides offensive and defensive strategic context for identifying opportunities and threats.
Competitive analysis, also called competitive analysis, is the process of identifying competitors within an industry and examining their various marketing strategies. You can use this information as a point of comparison to determine your company's strengths and weaknesses relative to each competitor.
The purpose of a competitive analysis is to understand the strengths and weaknesses of your competitors compared to your company and to find gaps in the market. Competitor analysis is important because: It helps identify ways to improve your business strategy.
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find the cost of each item in 8 years, assuming an inflation rate of 9% (compounded continuously). (round your answers to the nearest cent.) (a) cup of coffee, $3.25 $ (b) sunday paper, $2.75 $ (c) big mac, $4.10 $ (d) gallon of gas, $3.15
Assuming an inflation rate of 9% (compound constantly), the price of each item in 8 years will be $6.67, $5.64, $8.42, and $6.47.
What does the inflation rate mean?The Consumer Price Index (CPI), which is a weighted average of prices for various items, is used to measure inflation. Depending on which products are deemed to be indicative of a common consumption basket, a particular set of commodities makes up the index. The index will therefore include a variety of commodities depending on the nation and the general consumption patterns of the populace.
The overall value of the CPI will depend on the weight of each commodity in relation to the entire basket because some goods may see a decrease in price while others may experience an increase. Annual inflation is the percentage change in the CPI from the same month the year before.
Calculation:
(a) Cup of Coffee, $3.25
Here,
X=0.09*8 years = 0.72
P= current price = $3.25
Future price [tex]= P*e^{x}[/tex]
Future price [tex]=3.25*e^{0.72}[/tex]
[tex]=6.67[/tex]
Thus, the cost after 8 years compounded continuously would be $6.67.
(b) Sunday Paper, $2.75
Here,
X=0.09*8 years = 0.72
P= current price = $2.75
Future Price [tex]=P*e^{x}[/tex]
Future Price [tex]=2.75*e^{0.72}[/tex]
[tex]=5.64[/tex]
Thus, the cost after 8 years compounded continuously would be $5.64.
(c) Big Mac, $4.10
Here,
X=0.09*8 years = 0.72
P= current price = $4.10
Future Price [tex]=P*e^{x}[/tex]
Future Price [tex]= 4.10*e^{0.72}[/tex]
[tex]=8.42[/tex]
Thus, the cost after 8 years compounded continuously would be $8.42.
(d) Gallon of gas, $3.15
Here,
X=0.09*8 years = 0.72
P= current price = $3.15
Future Price [tex]=P*e^{x}[/tex]
Future Price [tex]=3.15*e^{0.72}[/tex]
[tex]= 6.47[/tex]
Thus, the cost after 8 years compounded continuously would be $6.47.
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What is the monetary impact on a shareholder if a company declares a 3-for-1 stock split?.
The monetary impact on shareholders if a company declares a 3-for-1 stock split is that the shareholder will receive an additional two shares for every share he or she owns.
Stocks are one of the most popular forms of money market instruments today. Shares, which are also called securities or stock, are securities that state proof of ownership of a company or business entity. Shares can also be interpreted as a sign of the capital participation of a person or business entity as a certain party in a company or limited liability company. By including capital, the party has a claim on income, company assets, and has the right to attend the general meeting of shareholders.
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assume the capm holds and a stock with an expected return of 0.140 has a beta of 1.32 and volatility of 0.49. if the t-bill rate is 0.022, what is the expected return of a stock that has the same systematic risk as the overall stock market? enter your answer as a decimal and show 4 decimal places.
With the same systematic risk as the entire stock market, the stock's expected return is 10.26 percent.
How is systematic risk of a stock calculated?The sensitivity of a security's return in relation to the overall market return can be used to calculate systematic risk ().The (beta) coefficient can be used to determine this sensitivity. Regressing a security's return on market return yields the coefficient.
A stock's expected return is equal to its risk-free rate, beta, and market risk premium.
0.017 plus (0.172 x the market risk premium)
(0.172-0.017)/1.81 = market risk premium
8.56 percent = market risk premium Expected return of stock with same systematic risk as overall stock market = risk free rate + beta * market risk premium,
where beta = 1 (beta of market) Expected return of stock with same systematic risk as overall stock market = 0.017 + (1*0.085
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Which of the following is a cost associated with a vehicle lease? A. Capitalized cost. B. Money factor. C. Payment amount. D. Residual value
Capitalized cost is a cost associated with a vehicle lease.
A capitalized cost is a fee added to the fee basis of a fixed asset on a company's stability sheet. Capitalized costs are incurred while building or purchasing fixed assets. Capitalized expenses are not expensed within the duration they had been incurred but identified over a time period via depreciation or amortization.
price capitalization refers back to the exercise of no longer spotting the value of a fixed asset, tangible or intangible, inside the length, it changed into incurred but instead expensing it over a time period via depreciation or amortization.
Capitalized expenses can include intangible asset prices may be capitalized, like patents, software introductions, and trademarks. similarly, capitalized fees consist of transportation, labor, sales taxes, and substances.
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a policy in which the marginal costs of undertaking the policy equal the marginal benefits of that policy is best called an:
A policy in which the marginal costs of undertaking the policy equal the marginal benefits of that policy is best called an optimal policy.
What is an optimal policy?A policy that is as good as or better than all other policies is said to be an optimal policy.In other words, an ideal policy will be valued as highly as feasible in every state.There is usually at least one best course of action, but there could be more.The best course of action in a finite Markov Decision Process (MDP) is one that simultaneously maximizes the value of all the states.In other words, if an ideal policy exists, then the policy that maximizes state s' value and state s' value itself are equivalent.
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calistoga produce estimates bad debt expense at 0.50% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at december 31, 2023. during 2024, calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off.
If the company estimates bad debt expense at 0.50% of credit sales. The bad debt is $1,575.
How to find the debt expense?Using this formula to find the bad debt
Bad debt = Credit sales and collections × Credit sales percentage
Where:
Credit sales and collections =$315,000
Credit sales percentage = 0.50%
Let plug in the formula
Debt expense = 315000×.5%
Debt expense = $1,575
Therefore the bad debt expense is the amount of $1,575.
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The complete question is:
calistoga produce estimates bad debt expense at 0.50% of credit sales. the company reported accounts receivable and allowance for uncollectible accounts of $471,000 and $1,650, respectively, at december 31, 2023. during 2024, calistoga's credit sales and collections were $315,000 and $319,000, respectively, and $1,720 in accounts receivable were written off.
Calistoga's vad debt expense is:
a significant difference between consumer and business markets isa.how effective marketing mixes are developed.b.the population or segment size.c.the way target markets are defined.d.the segmentation by psychographic variables.e.how buyer behavior is understood.
The segmentation of the markets according to psychographic factors is a key distinction between the consumer and commercial markets.
Describe psychographic segmentation.To successfully psychographically segment your contacts, you must understand the characteristics of your clients. Individuals with normal personalities could be creative, emotional, extroverted, introverted, opinionated, gregarious, closed-off, and organized.Personality, Lifestyle, Social Status, AIO (Activities, Interests, Opinions), and Attitudes are the five psychographic segmentation characteristics on the basis of which homogeneous segments can be constructed for appropriate research.Based on the sector, ownership, level of technology, and target market, business markets divide their enterprises into subgroups. Consumer markets, on the other hand, divide their clientele according to geographic, behavioral, psychographic, and demographic factors.To learn more about Psychographic factors refer to:
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a focus on long-term customer loyalty is an essential element of
A focus on long-term customer loyalty is an essential element of relationship marketing.
A customer is the recipient of an excellent, service, product or an concept - received from a supplier, seller, or provider through a economic transaction or trade for money or some other precious attention.
A client is normally defined as someone who buys an amazing, product, or carrier. more particularly, customers are people or agencies currently buying, have purchased, or may be inquisitive about buying a products or services from some other individual or employer.
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your customer is in the 30% federal tax bracket. they consider purchasing a 7% corporate bond. their after-tax yield would be
Their after-tax yield would be 4.28%
The tax-equivalent yield is the return that a taxable bond would need to equal the yield on a comparable tax-exempt municipal bond
What Is the Tax-Equivalent Yield?Due to the fact that municipal bonds' interest income is not subject to federal income tax, investors in high tax brackets are more likely to invest in them.As a result, it provides extremely alluring equivalent taxable yields.The value of municipal bonds' tax-exempt feature increases with tax bracket.The return required by a taxable bond to match the yield of an equivalent tax-exempt municipal bond is known as the tax-equivalent yield.Investors can use the formula to compare the returns of a tax-free investment with a taxable option. The tax-equivalent yield is the return that a taxable bond would need to equal the yield on a comparable tax-exempt municipal bond. The calculation is a tool that investors can use to compare the returns between a tax-free investment and a taxable alternative.determine your tax rate's reciprocal (1 – your tax rate). The reciprocal of a 30% tax payment is (1 - 30%) =.30, or 30%.
The TEY is determined by dividing this sum by the yield on the tax-free bond. For instance, use (.30 /0.07) = 4.28% if the bond in question yields 4.28%.
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Two investment centers at Marshman Corporation have the following current-year income and asset data Investment Investment Center EB 90,000 $600,000 $3,900,000 2,700,000 Center A Investment center income Investment center average invested assets The return on investment (ROI) for Investment Center A is: o 728.30% o 2710% O 12.56% O 45.20 22.10
The return on investment for the Investment Center A is 27.10%.
What is return on investment?ROI, also known as return on costs (ROC), is calculated as net revenue (during a period of time) divided by investment (costs resulting from an investment of some resources at a point in time). An investment's advantages surpass its costs when the return on investment is significant. ROI is used as a performance statistic to determine how effective a particular investment is or to evaluate the effectiveness of several different investments. In terms of economics, it is a way to connect investment returns to capital. Business professionals use the return on investment (ROI) statistic to compute the rates of return on investments made in an economic entity over a specified period and decide whether or not to make an investment.
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how long does the credit bureau have to remove the error?
In accordance with the Fair Credit Reporting Act, a dispute must be investigated and settled by the three credit bureaus within 30 days.
What does credit bureau mean?
A credit bureau keeps track of borrowers' credit histories to produce credit reports and credit ratings. In order to assess the credit risk of their clients and decide whether or not to give credit to them, financial institutions purchase this information.Why do credit reporting agencies exist?
The credit reporting agencies (CRAs) gather and keep track of the data for your credit reports. As each CRA has its own records, it's possible that they don't have information on all of your accounts. No organization is more significant than the others, despite differences in their reports.Learn more about credit bureau
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a manufacturer of farm equipment has annual turns of four, and its cost of goods sold (cogs) is $44 billion. what is the average inventory it holds? (in billion $s) note: round your answer to 1 decimal place.
It holds an average of $11 billion in inventory.
Cost of goods sold =$44 billion
inventory turnover =4
Formula: Average inventory = Cost of goods sold/Inventory turnover
= 44/4
= $ 11 billion
The term "inventory" refers to both the raw materials utilized in production and the finished commodities that are offered for sale. One of a company's most valuable assets is its inventory because it is one of the main ways the business generates income and, consequently, profits for its shareholders. There are three categories of inventory: raw materials, work-in-progress, and finished goods. On a company balance sheet, it is classified as a current asset.
Any business's inventory is a crucial asset. It is defined as the assortment of raw materials or completed products that a company maintains throughout the normal course of business. The three main types of inventory include raw materials.
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