Answer: 649.78
Explanation: addition
mark loses his job as a road construction worker and cannot find another position with equivalent pay and benefits. as a result, he is still checking the want ads and reporting to the unemployment office on a weekly basis. he is considered to be:
As Mark cannot find another position with equivalent pay and benefits, he is considered to be B. underemployed.
Underemployed can be described as a terminology that is used when a person is getting paid less for a job or he is not working because his skills are not being effectively utilized in a job.
Underemployment is a major issue for job hunters with the growing demand for jobs. People are forced to take jobs that do not pay enough because they think that something is better than nothing.
In the case above, Mark will be considered underemployed as he is not receiving equivalent pay and benefits to his previous job.
Although a part of your question is missing, you might be referring to this question:
Mark loses his job as a road construction worker and cannot find another position with equivalent pay and benefits. as a result, he is still checking the want ads and reporting to the unemployment office on a weekly basis. he is considered to be:
A. laid off.
B. underemployed.
C. out of the labor force.
D. unemployed.
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An organizational ______ is someone whose accomplishments embody the values of the organization and whose accomplishments are put forth to motivate other employees to do the right thing.
A person who embodies the organization's principles and whose successes are used to inspire other workers to act honorably is known as an organizational hero.
An organization is a group of individuals engaged in the pursuit of specific goals. All formal human ties make up its social structure, which can be understood. Workload allocation among employees and task alignment with regard to the organization's main objective are both aspects of the organizational hero.
The process of organization is goal-oriented and works toward accomplishing those goals through careful planning and activity coordination. It is based on the idea of task division and establishes a hierarchy of authority and responsibility among the organization's members.
Formal organizational structure is the arrangement of roles and responsibilities that includes predetermined interactions and relationships. In order to achieve the company's goals, management formed it.
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carpet baggers inc. is proposing to construct a new bagging plant in a country in europe. the two prime candidates are germany and switzerland. the forecasted cash flows from the proposed plants are as follows:
Both of the projects that are proposed by Carpet Inc. are worthwhile as they have same IRR of 13.88%
How to illustrate the information?The internal rate of return (IRR) for both cash flows must then be computed in order to determine if a factory should be built in Europe. Cash flows for both proposed projects must first be converted to cash flows in USD using the exchange rate for each corresponding year)/.
Using the 10% needed return as a benchmark, the IRR for the German facility is 13.87% and the IRR for the Swiss plant is 13.88%, meaning that both projects are acceptable. The Swiss project ought to be picked if just one project is to be chosen because it has a little higher IRR than the German project.
The complete question and the calculation are attached.
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the detergent company would like to sell the product in grocery and supermarket stores. they want their product to be at eye-level for customers to easily see. which of the 4 p's would this best describe? question 1 options: promotion place product price
The laundry detergent company wants to market its product in grocery and supermarket stores. They want their merchandise to be visible to customers at eye level. This is the placement that best fits their product.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting. A company, also referred to as corporate personhood, is essentially an artificial person in that it exists independently of the people who own, direct, and support its business.
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activity-based versus traditional operational control systems the actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
The following have been divided into two categories i.e., Traditional Control System and Activity-Based Control System.
a) Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department. -Traditional Control System
b) The maintenance department manager receives a bonus for "beating" budget. -Traditional Control System
c) The costs of resources are traced to activities and then to products.
-Activity-Based Control System
d) The purchasing department is set up as a responsibility center.
-Traditional Control System
e) Activities are identified and listed. -Activity-Based Control System
f) Activities are categorized as adding or not adding value to the organization. -Activity-Based Control System
g) A standard for a product's material usage cost is set and compared against the product's actual materials usage cost. -Traditional Control System
h) The cost of performing an activity is tracked over time. -Activity-Based Control System
i) The distance between moves is identified as the cause of materials handling cost. -Activity-Based Control System
j) A purchasing agent is rewarded for buying parts below the standard price set by the company. -Traditional Control System
k) The cost of the materials handling activity is reduced dramatically by redesigning the plant layout. -Activity-Based Control System
l) An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
-Traditional Control System
m) The percentage of defective units is calculated and tracked over time.
-Activity-Based Control System
n) engineering has been given the charge to find a way to reduce setup time by 75 percent. -Activity-Based Control System
o) The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
-Traditional Control System
The complete question is here:
Activity-Based versus Traditional Operational Control Systems
The actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
Required:
Select the following actions as belonging to either an activity-based operational control system or a traditional control system.
a. Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department.
b. The maintenance department manager receives a bonus for "beating" budget.
c. The costs of resources are traced to activities and then to products.
d. The purchasing department is set up as a responsibility center.
e. Activities are identified and listed.
f. Activities are categorized as adding or not adding value to the organization.
g. A standard for a product's material usage cost is set and compared against the product's actual materials usage cost.
h. The cost of performing an activity is tracked over time.
i. The distance between moves is identified as the cause of materials handling cost.
j. A purchasing agent is rewarded for buying parts below the standard price set by the company.
k. The cost of the materials handling activity is reduced dramatically by redesigning the plant layout.
l. An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
m. The percentage of defective units is calculated and tracked over time.
n. Engineering has been given the charge to find a way to reduce setup time by 75 percent.
o. The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
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________ is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them.
Vertical integration is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them. Vertical integration can occurs when one company acquires a vendor, distributor, supplier, producer, or other related company within the same industry.
A business strategy can be defined as the specific ways in which an organization plans to position itself, grow over a period of time, and also achieve its short-term and long-term goals.
There are several examples of business strategies, such as Improve customer retention and Improve customer service. So, we can conclude that customer is an important point for business strategy.
There are several types of business strategies, such as:
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recognition of impairment for long-term assets is required if book value exceeds: group of answer choices original cost. fair value. future cash flows. accumulated depreciation. none of these.
Recognition of impairment for long-term assets is recorded if the book value exceeds future cash flows. Thus, the correct answer option is (c) future cash flows.
Long-term assets include things like different types of equipment, buildings, and intangible assets. These assets are termed as impaired when their fair value becomes less than their carrying value.
To check long-term assets for impairment, cash flow, the total profit, or other benefits expected to be produced by the assets are compared with their current book value. If it is found that the book value of the asset exceeds the future cash flow or benefit of the assets, an impairment is recorded.
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derik inc., a calendar year, accrual basis corporation, accrued $278,000 vacation pay expense and a corresponding liability at the end of 2020. derik paid $22,000 of the accrued liability to employees who took vacation between january 1 and march 15, 2021. how much of the accrued vacation pay expense is deductible in 2020?
Due to the fact that the $22,000 in vacation pay expenditures were paid between January 1 and March 15, they are deductible. As a result, $22,000 will be deducted in the 2010 federal tax return.
What is permitted as a deduction from your pay in BC?Only in cases when it is required by law or when the employee has given written consent may an employer remove money from an employee's paycheck.
Federal income tax is one example of a legally required deduction.Costs of Federal Employment Insurance (EI)Investments in the Canada Pension Plan (CPP)wage garnishment mandated by a court.Can my employer withhold money from my paycheck?Rules for withholding money from your paycheck
If a deduction from your pay or wages is not required or permitted by law, such as for National Insurance, income tax, or student loan repayments, your employer is not permitted to make it. You formally approve a deduction. They can, according to your job contract.
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How did 3M's David Windorski get ideas from college students to help him in designing the final commercial version of the Post-it® Flag Highlighter? were these ideas important to the success of the product
David Windorski organized focus groups to elicit ideas from college students. He then made sample Post-it® Flag Highlighter models to distribute in exchange for a feedback survey after a month of use.
Who is 3M's David Windorski?3M researcher David Windorski collaborated with a group of local university students to find new uses for Post-it® Flags in their studies. Windorski's lab ideas were reinforced by student suggestions. Students suggested that combining Post-it® Flags with colored felt-tip highlighters could be used as bookmarks on key pages in their textbooks that they highlighted.
Windorski and the team experimented with various prototypes, such as Post-it® Flags on top, sides, and so on. He knew the basic concept was sound, but the designs were not. Windorski then had a breakthrough idea: put small Post-it® Flags inside pens and highlighters that students use.
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16. one of the driving reasons behind the need for data management is to manage risk associated with the misstatement of financial data. true or false?
True, one of the driving reasons behind the need for data management is to manage the risk associated with the misstatement of financial data.
In finance, marketplace statistics is price and other associated data for a financial device pronounced by a buying and selling venue along with an inventory exchange. Market statistics lets traders and investors know the state-of-the-art rate and spot historic tendencies for gadgets which include equities, fixed-income merchandise, derivatives, and currencies. The market facts for a selected device could include the identifier of the instrument and in which it was traded consisting of the ticker symbol and change code plus the modern bid and ask charge and the time of the ultimate change. It can additionally encompass different data consisting of quantity traded, and bid, and provide sizes and static statistics approximately the monetary tool which could have come from a selection of sources. There are some economic information providers specializing in amassing, cleaning, collating, and distributing marketplace statistics and this has come to be the most common manner that traders and traders get the right of entry to market data.
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h is employed by a company that provides group life insurance. how much of the employer-paid premiums for h's $150,000 coverage, if any, is going to be reported as taxable income to h?
The premium paid for $100,000 if h's insurance coverage was $150,000
Employer-paid premiums in relation to group life insurance do not constitute taxable income to the employees unless the death benefit paid for by the employer is more than $50,000. All of the employee-paid premiums for amounts greater than $50,000 are considered and reported as taxable income to the employee.
Therefore, the amount that is going to be reported as taxable income of the employer-paid premiums for h's $150,000 coverage can be calculated by subtraction as follows;
$150,000 - $50,000 = $100,000
Hence $100,000 would be reported as taxable income if h's insurance coverage was $150,000.
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Business-related elements like charts, graphs, tables, and flowcharts in the PowerPoint Online application can be added to a presentation.
Answer: Graphs, Tables, Flowcharts and other such elements are very important part of a business presentation and we can add it very simply by;
Click on the slide you want to add your graph
next, right click on that slide and a drop list will appear
next, click on insert tab from that list and select the graph type you need. And it's done.
Explanation:
A graph is very helpful in any monotonous business presentation its makes it more lively and attractive when comes with accurate data, similarly a table needs to be inserted for better comparative study of the given figures. And by just clicking on the insert option on any particular slide we can do it within seconds.
Flowcharts are like brain map which makes things easy to understand as well as to explain.
Click on the particular slide then
a right click followed by choosing the option you need and then in just these simple steps it's done.
division of labor increases productivity because select one: a. managers can force workers to produce goods that are valued more highly than the costs of producing them. b. each worker must learn each of the numerous tasks in the total production process
The division of labour is the specialization of cooperative labour in specific, circumscribed tasks and roles. This specialization allows for greater efficiency and output.
What is labour?
Understanding the operation and dynamics of a markets for wage labour is the goal of labour economics. Labor is a resource that is provided by workers, typically in return for a wage that is paid by greedy businesses. Labor economics must take into account social, cultural, and political factors because these workers are components of a social, institutional, or political system. Employers and employees interact to drive the operation of job markets or job markets. In order to understand the pattern of wages, employment, and income that results, labour economics examines the providers of labour services (workers) as well as the demanders of labour services (employers). These patterns can be found because it is assumed that every person in the market will act rationally based on the information they have access to regarding wages, the desire to provide labour, and the desire for leisure.
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if the price elasticity of supply for a good is equal to infinity, then the a. supply curve is vertical. b. supply curve is horizontal. c. supply curve also has a slope equal to infinity. d. quantity supplied is constant regardless of the price.
If the price elasticity of supply for a good is equal to infinity, then the supply curve is horizontal.
The relationship between the price of an item or service and the volume delivered over a specific time period is represented graphically by the supply curve. The price will typically be shown on the left vertical axis of an example, and the amount given will be shown on the horizontal axis.
The supply curve, which embodies the law of supply, will incline higher from left to right: The amount supplied rises as the cost of a certain good rises (all else being equal).
Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an exception.
Supply curves may frequently predict whether demand will cause a commodity's price to rise or fall, and vice versa.For items whose supply is more elastic, the supply curve is shallower (closer to the horizontal), whereas for those whose supply is less elastic, the curve is steeper (closer to the vertical).The demand and supply curves are the two main tenets of the law of supply and demand.Learn more about Supply curve, here
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The part of staffing that involves seeking out and attracting qualified potential job candidates is called.
The part of staffing that involves seeking out and attracting qualified potential job candidates is called Recruiting.
Process way an assignment or work on one unique assignment. An instance of an activity is cleansing the restroom. An instance of an activity is a contractor agreeing to redo a bathroom. The candidate is a process seeker who has been pre-qualified for a particular role or class of jobs and has been thru the application process.
An energetic candidate is actively seeking out paintings. this doesn't necessarily imply unemployed, but it can. This group is looking for a new opportunity for a diffusion of motives: they're involved in their modern-day business enterprise's stability.
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n which country's business environment is it important to understand that potential customers want to develop a personal relationship before doing business with foreign executives, dinner exchanges and lunch meetings provide a good time for executives to get to know one another better, and dinners most often occur in the late evening, at 9 or 10pm?
It's crucial to realize that prospective clients in Latin America want to build a personal connection before conducting business with international leaders. Executives might get to know one another better through lunch meetings and dinner conversations. At around 9 or 10 pm in the evening, dinner is typically served.
Businesses are organizations or enterprising entities involved in commercial, industrial, or professional activity. To coordinate any form of economic production is the goal of a business (of goods or services). Businesses can be for-profit corporations or nonprofit groups with a benevolent aim or advancing a social cause. From small, local businesses to massive, global organizations, businesses range in size and scope.
A company that operates for industrial, commercial, or professional purposes is frequently referred to as a business. A concept starts with an idea and a name, and in-depth market research may be necessary to ascertain whether it is feasible to transform the idea into a business. Before operations start, businesses frequently need business strategies.
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kelty company’s year-end financial statements reported the following (in millions): total assets $41,278 total liabilities 29,465 total shareholders’ equity 11,813 dividends 205 net income (loss) 3,160 retained earnings, jan 1 11,425 what did kelty company report for retained earnings at december 31? select one: a. $14,768 million b. there is not enough information to determine the answer. c. $14,585 million d. $14,380 million e. $14,790 million
If kelty company’s year-end financial statements reported the following (in millions): total assets $ 41,278 total liabilities 29,465 total shareholders’ equity 11,813 dividends . The amount that kelty company report for retained earnings at december 31 is: d. $14,380 million.
Retained earningsUsing this formula to find the retained earnings
Retained earnings at December 31= Beginning retained earnings + Net income - Dividends
Let plug in the formula
Retained earnings at December 31 =$11,425 + $3160 - $205
Retained earnings at December 31 = $14,380 million
Therefore the correct option is D.
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serena invents a new, unique, long-life battery. a grant from the government that gives serena the exclusive right to make and sell the battery for a certain period of time is a question 23 options: a) trademark. v) patent. c) trade secret. d) copyright.
Serena invents a new, unique, long-life battery. A grant from the government that gives Serena the exclusive right to make and sell the battery for a certain period of time is patent.
What is government?
An organised community is governed by a system or group of people, typically a state. Government typically consists of the legislative, executive, and judicial branches in the particular instance of its broad associative definition. Government is a mechanism for making policy decisions as well as a way to enforce organisational policies. A declaration of the government's guiding principles and philosophy is the equivalent of a kind of constitution in many nations. The term "government" is frequently used more specifically to refer to the roughly 200 independent national governments as well as subsidiary organisations, even though all organisations have governance. Modern democracies, monarchies, as well as authoritarian and totalitarian regimes are the main varieties of political systems. The monarchy, the aristocracy, the timocracy, the oligarchy, democracy, theocracy, as well as tyranny have all been common forms of government throughout history.
Therefore, the correct option is (B) patent
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the manager of a publishing company plans to give a $24,000 bonus to the top 11 percent, $13,000 to the next 35 percent, and $6,000 to the next 12 percent of sales representatives. if the publishing company has a total of 280 sales representatives, what is the expected bonus that the company will pay?
The expected bonus that the company will pay the expected bonus company pays= 2214800.
A bonus is a financial payment that exceeds the recipient's typical payment expectations. Companies may give bonuses to senior executives as well as entry-level workers. While incentives are typically given to great employees, businesses occasionally distribute bonuses to the entire workforce to quell employee resentment.
Bonuses can be offered as incentives to potential hires and can be paid to current employees to recognise their efforts and boost retention. A bonus issue, which is an offer of free additional shares of the company's stock, is one way for companies to give bonuses to its current shareholders. A bonus is a financial payment that exceeds the recipient's typical payment expectations.
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one of your customers has recently celebrated a 58th birthday. the investor began a regular investment program into shares of the kapco growth fund ov
The investor began a regular investment program into shares of the kapco growth fund this recommendation would result ina taxable transaction for those shares exchanged.
Any dividends and net realized capital growth fund accrued by mutual funds over the course of the previous year must be distributed, and even if the money is reinvestment in shares of the fund, the distributions are taxable income.
Investors who are worried about their exposure to taxes might wish to think about investing in tax-efficient equity funds. By keeping holdings turnover low and harvesting losses to offset realized gains, these growth funds are often managed with an eye toward minimizing capital gain distributions, if practicable.
T. Rowe Price financial planners strongly advise investors to concentrate largely on their long-term financial goals, even when taxable considerations may play a significant influence in investing selections.
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The complete question is :
One of your customers has recently celebrated a 58th birthday. The investor began a regular investment program into shares of the KAPCO Growth Fund over twenty years ago. The account is showing a substantial gain. Because retirement is getting closer, you suggest using the exchange privilege offered by the KAPCO fund group. Your recommendation is to place half of the holdings into the KAPCO Balanced Fund. Following this recommendation would result in.
15. the following tips will help you raise your credit except: a. trying to keep current b. dispute errors c. maxing out your credit cards to get more rewards d. pay more than the minimum payment
The following advice will improve your credit, with the exception of Payments more than the required minimum.
Payment is the exchange of money, products, or services for goods and services that are provided in acceptable quantities and that have been credit previously agreed upon by all parties. A payment can be paid using the traded services, cash, a check, a wire transfer, a credit card, a debit card, cryptocurrency, or any of these methods.
Payments can be done using currency thanks to the modern monetary Payments system. Payments may be done quickly with currency, which credit has streamlined the process of conducting economic transactions. Currency also makes it simple to hold money.
Prior to the widespread use of money and other payment mechanisms, exchanges of one good or service for another were utilized for barter payments. For instance, if an egg farmer desired milk but had a significant surplus of eggs, the farmer would need to locate a dairy farmer who would accept eggs in exchange for milk.
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A degrading accusation targeted towards you has been posted on a website without your permission. Upon finding it, you proceed to contact the site’s administrators, asking them to take it down because the information is false and damaging to your reputation. They refuse to grant your request. What ethical value are the website owners violating?.
It is a clear example of defamation and a breach of professional ethics on the part of the website owners if false charges are posted on any website without the owner's authorization and the administrator refuses to delete it.
The act of transmitting false information about a person to a third party online in order to harm that person's reputation is known as defamation. The person whose identity is portrayed negatively on the website may file a defamation lawsuit against the website's proprietors and seek damages. Cyber defamation typically refers to a defamatory statement, visible remarks, or commentary about individuals or harmful behavior that is published online. While working in the digital environment, cyber ethics are crucial.
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the client in a listing agreement would be the: select one: a. salesperson taking the listing b. seller of the listed property c. listing broker d. buyer
The client in a listing agreement would be the b. seller of the listed property.
We can describe a listing contract as a kind of contract in which the owner of the property holds a real estate broker as the acting agent of the owner. As a result of the listing agreement, the broker has the authorization to find a buyer for the seller.
The listing agreement will hence contain the name of the seller who agrees to have a real estate broker in order to sell his property.
With the usage of a broker, it becomes easier for a seller to sell the property and for a buyer to buy the property.
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software supplier inc. sells to a customer a perpetual software license and post-contract customer support for a 12-month period, commencing at the time that the software is activated. software supplier inc. charges $300 upfront when the software is purchased and $20 a month for 12 months, due at the end of the month. software supplier inc. sells the software separately for $400 while the standalone selling price of the post-contract customer support is $200.
The transaction price allocatted is computed by the standalone price which is $200, the journal entry will be Software Supplier Inc. A/c Debit $300 to customer's account $300 Monthly Pay: Cash Account Debit $20 to customer account $20
The foundation for calculating revenue is the transaction price. The cost specified in the contract isn't always the case. It is the anticipation of what the company will get. It implies that a company must project the transaction price.
The next step in accordance with ASC 606 is to proportionally apportion the transaction price inside a contract based on the Standalone selling price values established for specific Performance commitments.
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Complete Question: Software Supplier Inc. sells to a customer a perpetual software license and post-contract customer support for a 12-month period, commencing at the time that the software is activated. Software Supplier Inc. charges $300 upfront when the software is purchased and $20 a month for 12 months, due at the end of the month. Software Supplier Inc. sells the software separately for $400 while the standalone selling price of the post-contract customer support is $200.
a. How should the transaction price be allocated among the performance obligation(s)? Round to the nearest dollar.
b. Prepare Software Supplier’s journal entry to record sale of software to the customer and the entry for the first monthly payment
what does a bond's rating reflect?multiple choice question.the quality of the bond relative to its competitorsthe debt-equity ratio for the current yearthe number of bonds issued by the corporation since its ipothe ability of the firm to repay its debt and interest on time
A bond's rating reflect the ability of the firm to repay its debt and interest on time.
Bonds are issued with the aid of governments and groups when they want to elevate cash. via buying a bond, you are giving the provider a loan, and they agree to pay you lower back the face price of the loan on a selected date, and to pay you periodic interest bills along the manner, typically two times a 12 months.
In finance, a bond is a kind of security beneath which the company owes the holder a debt, and is obliged – depending on the terms – to repay the primary of the bond at the maturity date as well as hobby over a exact quantity of time.
A bond is truely a mortgage taken out by a corporation. in place of going to a bank, the corporation gets the cash from buyers who buy its bonds
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rule 203 of the aicpa’s code of professional conduct pertains to a. cpas’ independence b. authorities designated to establish accounting standards c. standards of competency d. solicitation of new clients by a cpa
Rule 203 of the AICPA's Code of Professional Conduct pertains to option(b)i.e, Authorities designated to establish accounting standards.
The American Institute of Certified Public Accountants published the AICPA Code of Professional Conduct, which is a set of codified statements outlining a CPA's ethical and professional obligations. The AICPA Code gives CPAs a way to recognize, assess, and deal with threats to conformity with ethical standards using a "threats and safeguards" method.
However, a CPA is not permitted to use the theoretical foundation to get around any restriction or obligation in the AICPA Code. An accounting standard is a collection of procedures and guidelines used to standardize bookkeeping and other accounting operations over time and across different businesses. All aspects of an entity's financial picture, including its assets, liabilities, income, outlays, and shareholders' equity, are subject to accounting standards.
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purely competitive industry x has constant costs and its product is an inferior good. the industry is currently in long-run equilibrium. the economy now goes into a recession and average incomes decline. the result will be
The result will be an increase in output and in the price of the product.
Lower revenues result from higher pricing and vice versa. As a result, the quantity needed to answer the question is appropriate because the recession will lead income to decline. As a result, the demand curve steepens, the supply yield rises, and the price rises.
Price and quantity are impacted by current changes in supply and demand. The exchange price rises but the quantity declines if the supply curve steepens, reducing the supply while maintaining a steady demand.
An industry that has perfect market structure, where all producers and consumers have complete and symmetric information and no transaction costs, is said to be perfectly competitive. It is distinguished by a large number of knowledgeable buyers and sellers. Theoretically, all markets must be in equilibrium for there to be long-run equilibrium.
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When the marketing concept is used to make all business decisions, how many functions does marketing serve?.
There are Seven functions marketing serve.
The 7 functions of marketing are promotion, selling, product/service management, marketing information management, pricing, financing and distribution.
What are seven functions of marketing serve ?Promotion, selling, product/service management, marketing information management, pricing, financing, and distribution are the seven functions of marketing.
Promotion : Advertising and public relations are two examples of promotional strategies that frequently overlap with other business units and awareness-building activities.Selling : By consistently delivering overt sales pitches in your content and making it appear as if your only goal is to get people to buy something from you, you risk alienating your target audience.Service Management : Designing a new product that better meets customer needs and fills a market gap does not happen by accident or chance.Marketing Information Management : Data drives strategic marketing. Every good marketer understands that the more information you can gather about your target customer, competitors in your industry, and market trends, the more successful your marketing efforts will be.Pricing : Marketing research can also help brands determine how much to charge for a product.Financing : Financing is a constant source of concern for business owners and executives who must make difficult budgeting decisions year after year and quarter after quarter.Distribution : When a new product, promotion, or campaign is introduced, marketing managers and their supply chain counterparts must work together to ensure that all of the company's distribution ducks are in a row.To learn more about marketing refer :
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some employees feel that an organization should be focused on profits while others believe it should focus on doing the maximum good for the maximum number of people. what type of conflict is occurring here?
The conflict that is occurring here is an intrapersonal conflict. This is a conflict that is happening within an individual.
What is conflict?
Conflicts are struggles and clashes of ideas, beliefs, or even moral principles. There will always be conflict in society because it can have a variety of root causes, including personal, based on race, class, caste, political, and international. Conflict can also be theoretical, intellectual, or emotional, in which case achieving academic success may or may not be a significant driving factor. A subclass of cultural conflict known as intellectual conflict is one that develops over time as a result of various cultural values and beliefs. Group conflict frequently takes a predetermined path. Initial conflicts within the group, which are frequently brought on by internal disagreements, disputes among the group's participants, or a lack of resources obtainable to the group, first interrupt routine group interaction.
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If the government taxed the production of pizzas, what would happen to the supply of Pizza
Price and quantity supplied are directly correlated, as stated by the law of supply. In other words, as the price rises, so does the quantity supplied. An upward-sloping line from left to right represents this.
What is the supply law?Two fundamental economic theories are combined in the law of supply and demand to explain how changes in the price of a resource, good, or service affect its supply and demand. Supply grows as the price rises, while demand declines. On the other hand, as the price drops, supply becomes limited and demand rises.
On a graph, levels of supply and demand for various prices can be represented as curves. These curves intersect at the equilibrium, or market-clearing price, where supply and demand are equal. The market's process of price discovery is represented by this intersection.
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