Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.
Getting a prospect's commitment to buy during the closing stage of the selling process. Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.accurate, complete, and step-by-step information is provided.Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.What is team selling approach?Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates. Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.Learn more about team selling approach brainly.com/question/23772356
#SPJ4
When Chloe Armstrong pays off the 30-year conventional loan on her Oceanside home in less than 20 years, she is thrilled. However, she is not nearly as happy when she reads the fine print on the contract, which permits her lender to charge her EXTRA interest just for paying off the loan early. This is known as:
She is not nearly as happy when she reads the fine print on the contract, which permits her lender to charge her EXTRA interest just for paying off the loan early. This is known as: A prepayment penalty.
What Is a Prepayment Penalty?
A prepayment penalty is usually specified in a clause in a mortgage contract stating that a penalty will be assessed if the borrower significantly pays down or pays off the mortgage before term, usually within the first three years of committing to the loan.
The penalty is sometimes based on a percentage of the remaining mortgage balance, or it can be a certain number of months’ worth of interest. Prepayment penalties protect the lender against the financial loss of interest income that would otherwise have been paid over time.
A prepayment penalty that applies to both the sale of a home and a refinancing transaction is called a “hard” prepayment penalty. A prepayment penalty that applies to refinancing only is referred to as a “soft” one.
Therefore, we can conclude that the correct option is B.
Your question is incomplete, but most probably your full question was:
When Chloe Armstrong pays off the 30-year conventional loan on her Oceanside home in less than 20 years, she is thrilled. However, she is not nearly as happy when she reads the fine print on the contract, which permits her lender to charge her EXTRA interest just for paying off the loan early. This is known as:
A. Subrogation.
B. A prepayment penalty.
C. A subordination clause.
D. An acceleration clause.
Learn more about Prepayment Penalty on:
brainly.com/question/14301943
#SPJ4
You are really keen on stocks. However, you do not like stocks with regard to ________. This means that if a company you have invested in goes bankrupt, the creditors are paid first and you will be out of luck. Question 15 options: claim on income claims on dividends voting rights claims on assets limited liability
You are really keen on stocks. However, you do not like stocks with regard to claims on assets.
What is Bankruptcy?A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.A petition is filed, either on behalf of the debtor, which is more often, or on behalf of creditors, which is less frequent, to start the bankruptcy process.All of the debtor's assets have been measured and assessed, and some or all of the debt may be repaid with the help of the assets.Although declaring bankruptcy can provide you a fresh start, it will remain on your credit reports for a while and make it more challenging for you to obtain money in the future.What are Stocks?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company.Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges.Government standards designed to shield investors from dishonest tactics must be followed during stock trades.What is Investment?A purchase made with the intention of creating income or capital growth is known as an investment.An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.An investment always entails the expenditure of some capital—time, effort, money, or an asset—today with the expectation of a future return higher than the initial investment.Know more about Bankruptcy https://brainly.com/question/15277574
#SPJ4
A firm has $5,000 of debt, $16,000 of equity, a cost of debt of 8 percent, and a cost of equity of 12 percent. What is the firm's WACC if there are no taxes
11.05% is the firm's WACC if there are no taxes.
What is WACC?The weighted average cost of capital (WACC) is a method of calculating a firm's cost of capital that assigns a proportional weight to each category of capital.
A WACC computation takes into account all capital sources, including bonds, common stock, preferred stock, and any other long-term debt.
When calculating WACC, the cost of each capital source (debt and equity) is multiplied by the relevant weight by market value, and the results are then added up to reach the final result.
Based on the ratio of equity, debt, and preferred stock a company possesses, the WACC's goal is to calculate the cost of each component of the capital structure.
WACC = [(E/V) x Re] + [(D/V) x Rd x (1 - Tc)]
E = equity market valueRe = equity costD = debt market valueV = the sum of the equity and debt market valuesRd = debt costTc = the current tax rate for corporationsWACC = [tex]\frac{16000}{21000}[/tex] ₓ [tex]12%[/tex] ₊ [tex]\frac{5000}{21000}[/tex] ₓ [tex]8[/tex]
WACC = 11.05%
Hence, 11.05% is the firm's WACC if there are no taxes.
To know more about WACC refer to: https://brainly.com/question/13884060
#SPJ4
If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, what will the average total cost be when 10,000 units are produced
If fixed costs are $10,000 and variable costs are constant at $1.00 per unit over the relevant range of output, $2.00 will the average total cost be when 10,000 units are produced.
The cost per unit produced in a production run is called the average cost. It stands for the typical sum of money spent on a product's production. Depending on how many units are made, this amount may change.
The term "average cost" refers to the production cost per unit, which is determined by dividing the overall production cost by the overall number of units produced. In other words, it calculates how much money is required for each unit of production produced by the company.
Learn more about average total cost here https://brainly.com/question/14187352
#SPJ4
An investment banker has recommended a $100,000 portfolio containing assets B, D, and F. $20,000 will be invested in asset B, with a return of 15 percent; $50,000 will be invested in asset D, with a return of 20 percent; and $30,000 will be invested in asset F, with a return of 5 percent. The return on the portfolio is
The return on portfolio, unable to determine because the information provided is insufficient.
What is Financial Management?Financial management is fundamentally the process of creating a business plan and ensuring that it is followed by all departments. A long-term vision may be created with the help of data that the CFO or VP of finance can supply. This data also helps with investment decisions and provides information on how to finance those investments as well as liquidity, profitability, cash runway, and other factors. These objectives can be accomplished by finance teams using ERP software: Accounting, fixed-asset management, revenue recognition, and payment processing are just a few of the financial tasks that are combined in a financial management system. A financial management system ensures real-time visibility into the company's financial situation while streamlining daily operations, such as period-end close procedures.Know more about Financial Management with the help of the following link:
https://brainly.com/question/27559649?referrer=searchResults
#SPJ4
Matt, a manager in New York City, has been transferred by his company to Japan for six months to study their operations as well as to negotiate a supplier contract. Matt is having some problems understanding how to do business in Japan. He wants to get down to business and get things done, but he senses that his Japanese coworkers want to get to know and trust him before focusing on doing business. The problem could be the fact that Matt is from a(n) __________, and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
The correct option is B. The problem could be the fact that Matt is from high-context culture and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
What is a high context relationship?High-context cultures are more likely to be intuitive, contemplative, and concerned with the collective. Communicators in high-context cultures pay attention to more than the words spoken – they also pay attention to interpersonal relationships, nonverbal expressions, physical settings, and social settings.
Hall identifies high-context cultures as those in which harmony and the well-being of the group is preferred over individual achievement.
I understand that the question you are looking for is:
The problem could be the fact that Matt is from a(n) __________, and believes building personal relationships is a waste of time that diverts attention away from the task at hand.
a) company that does not encourage communication
b) high-context culture
c) informal culture
d) low-context culture
Learn more about High-context cultures on:
brainly.com/question/17438233
#SPJ4
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the ______ shop. Group of answer choices open union managed closed agency
Hello !
Answer:
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the union shop.
Explanation:
The union and management agreement that allows non-union people to be hired but requires that they join the union after a probationary period creates the union shop.
_____ refers to the granting of permission by one party to another party to use intellectual property rights, such as trademarks, patents, brand names, or technology, to a foreign company under defined conditions along with providing a bundle of services and products.
The optimal solution for the given statement is a license agreement.
A licensing agreement is a contract in which the licensor grants the licensee rights to use the licensor's intellectual property. Mostly to utilize any brand name, trademark, patented technology, or capacity to create and market products that the licensor owns.
Licensing agreements enable firms to exercise control over real estate and break into new markets without having to fork out cash. The potential of losing a firm's reputation and forming a partnership with the incorrect company are drawbacks of these transactions.
Therefore the blank is to be filled by licensing agreement.
To know more about licensing agreement click here: https://brainly.com/question/24827828
#SPJ4
Micheal, a U.S. citizen, travels to Jamaica and buys a newly manufactured motorcycle made there. His purchase is included in
His purchase is included in export in Jamaica and import in the US.
What is export and import?
Import is when a good or service is brought into a country from a foreign country. Import reduces the value of the gross domestic product of the country that imports.
Exports is when a good produced in one's home country is sold in another country.
To learn more about imports, please check: https://brainly.com/question/26497713
#SPJ1
When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in ____ when deciding whether or not to purchase this new product. Group of answer choices situational decision making automatic processing behavior limited decision making
When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in "limited decision making" when deciding whether or not to purchase this new product.
What is limited decision making?When buying things that need a reasonable amount of time and effort to compare models and brands before making a decision, consumers use limited decision-making.
Some features of limited decision making are-
When you require knowledge on an unexpected brand inside a well-known product area, perhaps. takes some time to obtain the necessary information. Examples include clothing, when the brand is unknown but the product class is known.The three categories of decisions-making are-
Organisational direction is determined by strategic decisions. Decisions made at the tactical level affect how tasks will be completed.Last but not least, operational decisions are those that staff members take on a daily basis to manage the company.To know more about use of limited decision making while purchasing, here
https://brainly.com/question/14366090
#SPJ4
As a type of sales promotion, Blank______ have the ability to influence you at the instant you are noticing different products in your supermarket aisle.
As a type of sales promotion, point of purchase display have the ability to influence you at the instant you are noticing different products in your supermarket aisle.
A specific type of sales promotion that can be seen near, on, or adjacent to a checkout counter are point-of-sale displays (POS) (the "point of sale"). They are meant to get customers to notice the merchandise. These could be brand-new items, a limited-time promotion, or advertisements for special occasions like seasonal or holiday sales.Coupons offer a product's price reduction right away. The manufacturer later reimburses the retailer for the amount of the coupon.Consumer, trade, and sales force promotions are three different categories of sales promotion. Consumer promotion, trade promotion, and sales force promotion are the three different ways that sales promotion can be done. These sales marketing strategies are frequently referred to as tools or techniques.What are the sales promotion strategies?A sales promotion strategy, also referred to as a discounting strategy, is a marketing approach to motivating customers to take a specific, pre-determined action through sales discounts, incentives, or offers.
Learn more about point-of-sale displays (pos) brainly.com/question/25392417
#SPJ4
When a bank was being robbed, the bank tellers and customers were told to get down on the floor, where they were held at gunpoint. Because it was such a frightening experience, they are likely to have experienced a rapidly occurring chain of internal physical reactions called:
The internal physical reactions that the customers and bank tellers would have experienced is called the a. fight-or-flight response.
What is the fight-or-flight response?This is a response that humans get when faced with a stressful situation that involves them being afraid.
The body goes through a chain reaction of internal physical reactions to get ready for the person either fighting, or running away.
Find out more on the fight-or-flight response at https://brainly.com/question/6882542.
#SPJ1
When an investor performs an investigation while considering acquisition of a property, this is referred to as:
When an investor performs an investigation while considering the acquisition of a property, this is referred to as Due diligence.
what is Due diligence?The systematic analysis and reduction of risk associated with a business or investment decision are known as due diligence.
Any stock can be thoroughly investigated by an individual investor utilizing easily accessible public information.
Numerous additional investment types can be made using the same due diligence method.
A company's financials are examined, compared over time, and benchmarked against rivals as part of due diligence.
Numerous other situations call for due diligence, such as checking a prospective employee's background or reviewing customer feedback.
In order to lower risk exposure, due diligence is primarily used. The procedure makes sure that each party understands the specifics of a transaction before agreeing to it.
To know more about due diligence refer to :
https://brainly.com/question/17188570
#SPJ4
When a company allows other organizations such as Walmart, Costco, or Target to resell its product under their own names it is called a Blank______ strategy.
When a company allows other organizations such as Walmart, Costco, or Target to resell its product under their own names it is called a private branding.
How does private branding work?Without spending money on expensive manufacturing facilities, designers, quality assurance staff, or a specialized supply chain, private branding is an economical approach to make a good.
What is a good illustration of a private brand?A consumer product that is created specifically for a given retailer to sell in its store is known as a private brand. Store brand foods, clothing, and pharmaceuticals are typical examples of private brands.
What does a private brand serve?This has the advantage of extending reach and sales potential by marketing a product to larger shops who will offer it in the retailer's brand packaging. A manufacturer can avoid the laborious branding process, which calls for conception, testing, implementation, and distribution by selling to private brands.
learn more about private brand here https://brainly.com/question/15078414
#SPJ4
Market supply is found by Group of answer choices horizontally summing the relevant part of each individual producer's marginal cost curve. vertically summing each individual producer's average total cost curve. horizontally summing each individual producer's average total cost curve. vertically summing the relevant part of each individual producer's marginal cost curve.
Market supply is found by horizontally summing the relevant part of each individual producer's marginal cost curve.
As a result, the firm's supply curve for the output is represented by the marginal cost curve (MC); as the price of the output rises, the firm is prepared to produce and sell a bigger quantity. The supply curve for the industry is created by combining the MC curves for each firm manufacturing the product.Producers find it increasingly lucrative to raise the quantity they offer for sale as prices rise as a result of rising demand for a commodity; as a result, the supply curve will slope upward from left to right.
Is market supply curve horizontal or vertical?
On a graph, a market supply curve is depicted by the price of a good running vertically down one side and the quantity running horizontally down the other. Given that a supply curve typically slopes upward to the right.Learn more about marginal cost curve (MC) brainly.com/question/13933442
#SPJ4
Carissa is budgeting for her next semester at college. She spent $50 on gas this month. Economists are predicting gas prices to rise 8% per month for the next 6 months. How much should she budget for gas if classes start next month and are 4 months long
She should budget for $243.33.
Given that she spent $50 on gas this month. Now predicted spent of gas next month is $50 × 1.08
Total Spend is the total amount spent for the whole data set, excluding any filters. Predicted spend tier is a forecast of your clients' future spending potential.
Predicted spent of gases for the four months will be as given below:
$50 ×1.08
$50 × 1.08^2
$50 × 1.08^3
$50 × 1.08^4
Total spent for the four months is computed below:
[tex]Total Spent = $50 (1.08 + 1.08^2 + 1.08^3 + 1.08^4) \\ \\ = $50 * (4.8666) \\ \\ \\ =$243.33[/tex]
Hence, if lessons begin next month and last four months, she should budget $243.33 for gas.
To know more about budget click here:
https://brainly.com/question/8647699
#SPJ4
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must ______.
According to the VRIO framework, to fully exploit the competitive potential of its resources, capabilities, and competencies, a firm must be organized to capture value.
A resource is useful if it enables a company to take advantage of an outside opportunity or counteract an outside threat.
The VRIO framework is an internal examination that aids companies in discovering the benefits and assets that offer them a competitive edge. The acronym for the many success metrics that apply to your organization is the VRIO framework. Value, rarity, copyability, and organization are all included.
Learn more about VRIO framework at https://brainly.com/question/26286846
#SPJ4
Latoya writes a check to Scott for $1,000. Scott alters the check to read $11,000, indorses it on the back, and gives it to Jane. Jane indorses the check on the back and presents it to First Federal Credit Union to cash the check and receive the money. By presenting the check to First Federal Credit Union, Jane is warranting:
Jane is warranting that she is entitled to enforce the instrument, that it has not been altered, and that she has no knowledge of any unauthorized signatures.
What is Business Law?A set of rules that control a business's operations is known as business law. These laws safeguard both the financial and business interests of the company as well as the interests of the clientele. Without business law, most companies would not have behaved properly, which resulted in numerous lawsuits. Business owners must understand when to obtain legal counsel, despite the fact that this may result in legal issues. It is vital to have a thorough understanding of company law in order to prevent such problems.Learn more about Business Law with the help of the given link :
https://brainly.com/question/15826771?referrer=searchResults
#SPJ4
According to equity theory, if employees perceive that an inequity exists, they may: Group of answer choices change their work habits do any of the above quit the job look at the situation from a different perspective distort their perceptions of themselves
The employee may do any of the above.
Adam's equity theory, often known as equity theory, seeks to achieve a balance between an employee's contribution and output in the workplace. If the employee can strike the correct balance, it will result in a more productive relationship with management.
Equity theory is a term used in human resource management. One may not notice it, but this theory is used in every workplace. An individual's job satisfaction is directly related to the amount of energy they puts in and what they receives in return.
Therefore, the employee can do any of the mentioned to maintain the equity.
To know more about equity theory click here:
https://brainly.com/question/18993834
#SPJ4
Can someone Plss help with this I’m not sure if that the right answer
Based on the fact that you gave up the beach to study for the economics final, the opportunity cost is d. the sun and fun you gave up by studying.
What is the opportunity cost of studying?The opportunity cost is what we give up in order to pursue our current course of action.
You gave up going to the beach and having fun in the sun so this is the opportunity cost of studying for economics.
Find out more on opportunity cost at https://brainly.com/question/481029.
#SPJ1
Renita, a merchant, has received a signed, written confirmation from Merchants, Inc. referring to goods she had not ordered. Renita should a. return the goods within two weeks of their delivery with a note attached saying she will not pay for the goods. b. ignore the confirmation. c. call the seller and object to the confirmation as soon as she gets back from her two-week vacation. d. object to the confirmation in writing within 10 days.
Renita, a merchant, has received a signed, written confirmation from Merchants, Inc. referring to goods she had not ordered. Renita should object to the confirmation in writing within 10 days.
Which of the following can be a writing sufficient to satisfy the Statute of Frauds?Yes, if a memorandum demonstrates an oral agreement between the parties and is signed by the defendant, it satisfies the statute of frauds.The defendant has signed the memorandum, which states the agreement's subject matter and key provisions with reasonable confidence.Which of the following leases must be in writing to satisfy the Statute of Frauds?Any lease that won't expire in the first year after it begins must be in writing. In other words, longer-term leases must abide under the statute of frauds. You don't need a signed lease if the term is one day or less than a year (though you should get one anyway).Which of the following contracts are required to be in writing under the Statute of Frauds?The following types of contracts must typically be written down in order to be legally binding under American law. any vows made, including presents like an engagement ring, that are related to the marriage.Contracts that take longer than a year to fulfill. contracts for buying and selling land.Learn more about Statute of Frauds here:
https://brainly.com/question/23847928
#SPJ4
Which capital budgeting decision method finds the present value of each cash flow before calculating a payback period
In determining a payback period, the discounted payback period is employed in capital budgeting decisions to determine the present value of each cash flow.
The discounted payback time is a capital planning process used to estimate a project's profitability. A discounted payback period expresses the number of years required to recoup the initial investment by discounting future cash flows and accounting for the time value of money. The measure is used to assess a project's viability and profitability.
Since it assumes only one upfront investment and does not account for the time value of money, the more simplified payback period formula, which simply divides the total cash outlay for the project by the average annual cash flows, does not provide an accurate answer to the question of whether or not to take on a project.
To know more about discounted payback period click here:
https://brainly.com/question/17191167
#SPJ4
In order to sell additional units of their products, competitive firms must Group of answer choices Increase output. Increase their advertising. Cut their expenses. Lower their price.
In order to sell additional units of their products, competitive firms must increase output. Thus the correct option is A.
What are competitive firms?A perfective competitive market allows balanced selling prices for its products. If a business is competitive but will fail to generate any sales if it seeks to charge even a small premium over the going rate.
When the additional unit of products is sold then the firm received marginal profit. So in order to sell the additional units of their products, competitive firms must increase their output.
When firms increase their output, it means that total cost will also rise along with the revenue. This increased output will help in increasing the profit of the organization.
Therefore, option A Increase output is the appropriate answer.
Learn more about competitive firms, here:
https://brainly.com/question/17241373
#SPJ1
The type of distribution system that is owned by the manufacturer throughout the channel of distribution to the retail stores is a(n):
The type of distribution system that is owned by the manufacturer throughout the channel of distribution to the retail stores is a corporate distribution system.
What is distribution system?Distribution system refers to the moving of the goods and services and equipment to final end users from the manufacturer or producers.
It involves comprises logistics and the procedures which is required for the flow of the goods and services to the users.
Learn more about distribution system here: https://brainly.com/question/27905732
#SPJ1
A plaintiff sued a chimney sweeping company for personal injury and property damages resulting from an explosion in her chimney the evening after the company had cleaned it. The explosion, which occurred when the plaintiff lit a fire in the fireplace, caused minor damage to the chimney, roof, and to the plaintiff, who was hit by falling bricks. As evidence that she assumed the risk of injury, the company offers to have its foreman testify that he had told the plaintiff not to use the fireplace for 24 hours to allow certain chemicals to evaporate. Is the foreman's proposed testimony hearsay?
A. No, because the declarant is testifying as a witness at the hearing.
B. No, because the statement is not offered for its truth.
C..Yes, but it should be admitted under the hearsay exception for present sense impressions.
D. Yes, but it should be admitted under the present state of mind exception to the hearsay rule.
Answer: it would be B :)
Explanation:
If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is.
If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is a substitute good .
Consumer services include compounding and molding of most consumer products such as foods, herbs, beverages, vitamins, pharmaceuticals, cosmetics, hair care products, household cleaners, paints, plastics, metals, waxes, coatings, minerals, and ceramics. Related to technical advice and testing. , Building materials and water, indoor air quality testing, non-medical forensic testing, and damage analysis.
Includes services in various disciplines such as biology, chemistry, physics, engineering, and web-based services.
The web has moved from information-centric to service-centric. All of the physical services you can think of today include web-enabled B2B, B2C, and C2C businesses, including retail, supply chain, customer care, banking, and auctions. Online bookings, online consultations, and online bill payments are now orders for web-based consumer services .
Learn more about Consumer here: https://brainly.com/question/380037
#SPJ4
Antipoverty programs that are set up so that the amount of government benefits will decline substantially as poor people earn more income typically create _________________________. a poverty trap an income inequity a poverty line a safety net
Antipoverty programs that are set up so that the number of government benefits will decline substantially as poor people earn more income typically create a poverty trap.
What is the Poverty trap?
A "poverty trap" is a collection of self-reinforcing factors that causes nations to start out poor and stay that way. Because poverty breeds poverty, existing poverty directly contributes to future poverty.
In the United States, poverty traps are areas, counties, or localities with chronic institutional and economic issues that result in persistently high rates of poverty. Residents are frequently stuck in unfavorable situations where there is no chance for advancement or economic progress.
The majority of nations are enjoying some growth, and poor people don't seem to have significantly different income dynamics from those who earn more, which shows that poverty traps are not common at either the national or individual level.
Learn more about poverty traps here:
https://brainly.com/question/14995157
#SPJ4
Broadbanding eliminates layers in pay grades requiring organizations to find other ways to reward employees. Group startsTrue or False
Broad banding eliminates layers in pay grades requiring organizations to find other ways to reward employees. False
A technique called "broad banding" replaces a large number of small wage ranges with a smaller number of larger compensation ranges when evaluating and building a job grading structure. Establishing what is necessary to pay for a certain position with help from broad banding.Payroll departments employ broadband for human resource management. When deciding how much to pay specific roles and the incumbents in those positions, a job grading structure known as "broadcasting" lies somewhere between using spot salaries and several job grades. Broad banding does provide some broad job classifications to the business that uses it, but it does not have as many discrete job grades as do traditional compensation systems.Thus this is the answer.
To learn more about HR, refer:https://brainly.com/question/24623157
#SPJ4
The countries of sigma and kappa both have a gdp of $25 billion. The population of sigma is 1 million. The population of kappa is 2 million. Which country has a higher standard of living?.
The country with the higher standard of living is Sigma.
Which country has the higher standard of living?
Standard of living is measured by GDP per capita. The higher the GDP per capita, the higher the standard of living.
GDP per capita = GDP / population
Sigma : $25 billion / 1 million = 2500
Kappa : $25 million / 2 million = 1250
To learn more about GDP per capita, please check: https://brainly.com/question/14493435
#SPJ1
Cash dividends of $85,000 were declared during the year. Cash dividends payable were $10,000 and $15,000 at the beginning and end of the year, respectively. The amount of cash for the payment of dividends during the year is
The amount of cash for the payment of dividends during the year is $80,000
What is the cash amount paid as dividends in the year?
The task at hand is to determine the amount of actual cash paid to shareholders as dividends in the year under review, which takes into consideration the amount of cash dividends declared in the year, the amount of dividends outstanding at the beginning of the year as well as the amount as at the end of the year.
$10,000 was unpaid at the beginning of the year, when declared during the year, which is $85,000 is added to it, we have $95,000 which the shareholders are expecting from the company.
The fact that at the end of the year, only $15,000 is unpaid means that out of the $95,000, $80,000 has been paid leaving us with an unpaid balance of just $15,000
cash dividends paid=beginning unpaid+ declared amount-amount unpaid at the end of the year
cash dividends paid=$10,000+$85,000-$15,000
cash dividends paid=$80,000
Find out more on cash dividends on:https://brainly.com/question/20374943
#SPJ1