A compounded interest rate is sometimes called an effective annual rate.
Answer: effective
The strategic target of a best-cost provider is:____________
a) extremely price-conscious buyers in a lower market range.
b) value-conscious buyers in a high-end market range.
c) value-conscious buyers in a middle-market range.
d) value-conscious buyers in a lower market range.
e) a narrow market niche where buyers' needs and preferences are distinctively different.
It should be noted that the strategic target of a best-cost provider is c) value-conscious buyers in a middle-market range.
What is best-cost strategy all about?A best-cost strategy can be regarded as one where there is an offering of customers a better value for money and this done by pay attention on low cost and upscale difference.
The purpose of best-cost strategy is to keep costs and prices lower.
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What was the ending balance?
A.) $597.35
B.)$715.26
C.)$751.58
D.)$880.88
Answer:
C
Explanation:
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A free enterprise system refers to:______.
a. Economic assets that are privately owned and exchanged in an open market.
b. Property ownership by a centralized government.
c. A mix of privately owned and government controlled economic assets.
A free enterprise system refers to : Economic assets that are privately owned and exchanged in an open market.
What is a free enterprise system?A free enterprise system refers to an economy, where the market determines prices, products, and services as compared to the government. This means that businesses and services are free of government control.
The free enterprise system allows for the privilege of individual ownership of property and the means of production.
Hence, a free enterprise system refers to economic assets that are privately owned and exchanged in an open market.
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Option A to buy a house has a monthly cost of 618 dollars, up-front cost of 24,000 dollars, and advantages of a home equity and a yard for a pet. Option B to rent close to work has a monthly cost of 950 dollars, up-front cost of 1,900, and advantages of convenient location, garage, and pool. Option C to rent further out has a monthly cost of 600 dollars, up-front cost of 1,200, and advantages of 2 bedrooms, light-rail, and pool. Based on your budget, which housing option is the best financial decision for you? Explain your answer in at least two sentences.
The housing option that would result in the least cost will be the best financial decision. Option C is the best fit for the requirement.
What is Financing decision?Financing decision is a management term that involves decisions regarding the type of finance, the acquistion of asset, interest analysis, and so on.
The financing decision regarding buy or rent of a house can be taken after analysing the cost involved in all the options.
The cost involved in Option A for a year is:
[tex]\rm Total\:cost = Monthly \:cost + Up-front\:cost\\\\\rm Total\:cost = (\$618\times 12) + \$24,000\\\\\rm Total\:cost = \$7,416 + \$24,000\\\\\rm Total\:cost = \$33,608[/tex]
The cost involved in Option B for a year is:
[tex]\rm Total\:cost = Monthly \:cost + Up-front\:cost\\\\\rm Total\:cost = (\$950\times 12) + \$1,900\\\\\rm Total\:cost = \$11,400 + \$1,900\\\\\rm Total\:cost = \$13,300[/tex]
The cost involved in Option C for a year is:
[tex]\rm Total\:cost = Monthly \:cost + Up-front\:cost\\\\\rm Total\:cost = (\$600\times 12) + \$1,200\\\\\rm Total\:cost = \$7,2 00+ \$1,900\\\\\rm Total\:cost = \$8,400[/tex]
The option C is the most profitable one since it involves least cost. The monthly cost and the up-front cost together makes up the total cost.
If we consider the budget for 1 year, Option C will have least impact on the budgeted income and net profits.
Therefore Option C is the best financial decision.
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Answer:
Option C, the apartment on the light-rail line, is the best choice because it fits within my housing budget. Buying a home (Option A) is not possible, because I do not have enough saved for a down payment. Option B is close to my work, but it is more expensive and will not fit in my budget.
Explanation:
sample response
Why do you feel we should choose to hire you over other candidates?*
1
Answer:
Because you have a unique skill that they will need.
Explanation:
According to Walt Rostow's modernization model, a country becomes developed when __________. A. it becomes agriculturally self-sufficient B. it mobilizes capital for business investments, thereby increasing its exports C. it has a high literacy rate and widespread access to education for people of all social classes D. it has an economy based on the production of goods and services demanded by the global economy Please select the best answer from the choices provided. A B C D
A country becomes developed according to Walt Rostow's when : An economy based on the production of goods and services demanded by the global economy.
What is economic development?Economic development can be defined as increase in the income and standard of living of people in a country. It means enhancing the prosperity and quality of life for all residents within a country.
According to Walt Rostow's, when there is global demand for a country's produce, there is an economic development.
Hence, a country becomes developed according to Walt Rostow's when an economy based on the production of goods and services demanded by the global economy.
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Answer:
D
Explanation:
it has an economy based on the production of goods and services demanded by the global economy
Salespeople receive a 7% commission on all items that they sell. Their sales for one day totaled $675. What was the amount of commission received for that day? $20. 25 $47. 25 $202. 50 $472. 50.
Answer:
Its 47.25
Explanation:
Edna has been tasked with maintaining her sorority database, which contains many elements of students' personal and academic information. Which of the following considerations will probably be MOST important to Edna if she plans to use the database for creating data queries and reports?
A. Developing an attractive graphic representation of the data.
B. Printing and checking the database weekly.
C. Sending out regular announcements to the students.
D. Gathering and tracking the unique data.
Answer:
Gathering and Tracking the Unique Data
Explanation:
The current portion of long-term debt is a balance sheet item for Flavorful Products Company. How would it most likely be classified on the balance sheet
it would be classified as a non current liability
In 2022, Cooke Corporation had cash receipts of $46,000 and cash disbursements of $22,000. Cooke's ending cash balance at December 31, 2022, was $78,000. What was Cooke's beginning cash balance
Answer:
54,000,000
Explanation:
Straight to the point
Merv is a bulldozer operator. He was hired by Carla to fill in a swampland on her property and they signed a contract for him to do it on March 1st. On February 28th, Merv is informed by a city official that the swampland Carla wanted filled in is protected wetlands and it would violate environmental law to do the job. If Merv then calls Carla telling her the deal is off and Carla threatens to sue for breach of contract, what result
If Merv calls Carla telling her the deal is off and Carla threatens to sue for breach of contract, the result is:
The contrails void, Carla losesWhat is a Contract?This refers to the legally binding agreement between two or more people about a particular request or work.
With this in mind, we can see that because Merv is hired by Carla to fill a swampland and he is later informed that the land is in protected wetlands, this makes the contract void and Carla loses because it is not of the doing of Merv.
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In one sentence, explain what would happen to the market value of professional baseball players if fewer fans watched baseball games.
If fewer fans watch baseball games, the market value of professional baseball players would fall.
What is the impact of fewer fans watching baseball games?If fewer fans watch baseball games, the income earned from selling baseball tickets would decline as less tickets would be sold.
As a result of the reduced income from the sales of baseball tickets, the income that processional baseball players would earn would decline. This would decline their market value.
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After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is Group of answer choices evaluating each of the relevant market segments. analyzing the interaction between segmentation variables. selecting the specific target markets. developing market segment profiles. reviewing the appropriate marketing strategy.
After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
How to determine the segmentation of variablesSegmentation of variables is defined as the characteristics of people that are used to determine their similarity.
Some of the important steps needed for the target market are:
Step 1: Identification of the appropriate targeting strategy.Step 2: Determination of the segmentation Variables to Use. Step 3: Development of market Segment Profiles. Step 4: Evaluation of the relevant Market Segments. Step 5: Selection of the specific Target Markets.Based on the listed test, we can conclude that after an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
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If a tax is levied on the sellers of a product, then the demand curve will:.
Answer:
increase, shift upwards
Explanation:
more customers will buy
Using the aging of receivables method, an unadjusted Allowance for Doubtful Accounts will have a debit balance when the amount of write offs recorded during the period is ______ the amount estimated to uncollectible in the prior accounting period. Multiple choice question.
Using the aging of receivables method, an unadjusted Allowance for Doubtful Accounts will have a debit balance when the amount of write offs recorded during the period is greater than the amount estimated to uncollectible in the prior accounting period.
What is the aging of receivables method?The aging of receivables method is a method of accounting for Allowances for Doubtful Accounts whereby the ages of uncollected receivables are indicated in order to assess the accounts that are past due to be treated as uncollectible allowances.
An entity can adopt either the aging method or the percentage method to estimate the amount of its uncollectible accounts.
Thus, the unadjusted Allowance for Doubtful Accounts will have a debit balance when the amount of write offs recorded during the period is greater than the amount estimated to uncollectible in the prior accounting period.
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A department has total conversion costs of $153,300 and total materials costs of $250,025. If the department has 36,500 equivalent units of production for both materials and conversion costs, what is the total manufacturing cost per unit?
The total manufacturing cost per unit for the department is $8.65 per unit
What is manufacturing cost?Manufacturing cost refers to the cost associated with producing goods and services. It is the cost directly related to manufacturing the products.
Manufacturing cost is computed as:
= Total materials costs / Equivalent units of production
= $250,025 / 36,500
= $8.65 per unit.
Hence, the total manufacturing cost per unit for the department is $8.65 per unit
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Declan plans to open up three Pizza Pals franchises in the greater Phoenix area. He tells you that he plans to negotiate with the franchisor to get rid of the giant Preston the Pizza that sits on the roof of all Pizza Pal restaurants. Declan is likely to learn that
Declan is likely to learn that it is nonnegotiable due to company rules.
What is franchises?Franchises can be defined as the right given to a person by franchisor to sell a product using the franchisor brand name or trademark.
Based on the given scenario Declan cannot negotiate with the franchisor who is the person the original owner of the business to get rid of the giant Preston because it is nonnegotiable due to company rules.
Inconclusion Declan is likely to learn that it is nonnegotiable due to company rules.
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Social considerations beyond GDP are important, but they are difficult to quantify and they do involve __________value judgments.
Answer:
Snow fell from 6:30 a.m. to 11:00 a.m, accumulating at a constant rate. At 8:00 a.m., the snow was 8 inches deep. By 11:00 a.m., it was 20 inches deep.
How much snow fell each hour?
inches
How much snow was already on the ground at 6:30 a.m.?
Explanation:
How political and international fators pose challange to business
Answer:
Political risk may also result from events outside of government controls such as war, revolution, terrorism, labor strikes, and extortion. Political risk can adversely affect all aspects of international business from the right to export or import goods to the right to own or operate a business.
Explanation:
The government is in charge of everything in a command economy Question 2 options: True False.
Answer:
•true
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[tex]kai6417[/tex]
What’s one category you wish fewer taxes were spent on ? why? 2.what’s one category you wish more taxes were spent on? why?
Answer:
FIREfighter. works for good
Explanation:
Hal, a resident of Illinois, owns a warehouse in Indiana. A dispute arises over the ownership of the warehouse with Jack, a resident of Kentucky. Jack files a suit against Hal in Indiana. Regarding this suit, Indiana has
In terms of the above suit, Indiana has in remjurisdiciton.
What is In Rem?This is known to be a Latin word that means, "against a thing." It is said to be in terms of the status of a specific piece of property.
In-rem jurisdiction is known as the power of a court that it has over an item of real or personal property. The court that has only in-rem jurisdiction is one that can call off a marriage or declare who is the true owner of a piece of land.
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Herzberg studied job-related factors as they relate to.
The main factor which Herzberg studied uh job related factors was their relationship to motivation.
What is Motivation?This refers to the factors which spurs on a person to behave in a certain way or perform certain tasks.
With this in mind, we can see that Herzberg was an expert in motivation and their effect on people and he evaluated job related factors.
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A product has a selling price of $10 per unit, variable expenses of $6 per unit and total fixed costs of $35,000. If 10,000 units are sold, net operating income will be $_______.
The net operating income on a product sold for $10 per unit is $5,000.
What is the net operating income?Net operating income(NOI) is the profit margin of an income-producing asset before any financing or tax charges are factored in.
The net operating income is computed by Subtracting all operational expenditures from all money collected on a property.
Mathematically;
NOI = ($10 - $6) × 10,000 - $35,000
NOI = $5,000.
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The president of the Northwoods University student body made a formal request to the IT department for additional computers in the main computer lab. The student body president is the ________ in the buying center.
A. initiator
B. gatekeeper
C. decider
D. buyer
E. gateway
Because of the formal request made, the President of the University is the:
A. initiatorWho is an Initiator?This refers to a person who makes the first offer for a thing or starts off negotiations or requests.
With this in mind and from the given question, we can see that because the president of the University made the formal request for additional computers, then he is the initiator.
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Discretionary fiscal policy may fail to stabilize the economy or may even make the economy less stable because of:
Answer:lags in deciding and implementating a policy change
Explanation:
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hen calculating the cost of direct materials on the schedule of cost of goods manufactured, the cost of indirect materials is ______. Multiple choice question. subtracted from beginning Raw materials inventory added to raw materials used in production added to beginning Raw materials inventory subtracted from raw materials used in production
It should be noted that When calculating the cost of direct materials on the Schedule of Costs of Goods Manufactured,
The cost of indirect materials must be Subtracted from raw materials used in production.
What are Direct material costs ?Direct material costs can be regarded as those cost of the raw materials as well as those components used in making the product.
Therefore, the cost of indirect material is required to be Subtracted from raw materials used in production.
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Answer: subtracted from raw material used in production
Explanation:
The CEO of Whole Foods Markets is John Mackey. It has a set of quirky management rules that makes Whole Foods an odd but effective workplace. Every store is divided into about eight functional teams: An employee is hired provisionally to a store team. After four weeks of work, the team votes whether to hire him or her; a two-thirds yes vote is necessary to join the staff permanently. Which leadership style appears to be used by Whole Foods?
A) Reactive
B) Multi-dimensional
C) Democratic (participative)
D) Defensive
E) Autocratic
The type of leadership style used by the management of Whole Foods is known as a Democratic or Participative leadership style
What is a democratic leadership style?
The democratic leadership style refers to a style where all members of the group or firm must take a participative role in the decision-making process in the organization.
Hence, since the two-thirds of the employees voted yes, thus, they are actively participating in the decision-making.
Therefore, te Option C is correct.
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Economists assume that people are rational in the sense that.
If you saw an advertisement for an electric car that boasted 500 miles between battery charges, what form of non-price competition would that be?.
Non-price competition is a marketing strategy in which one firm tries to distinguish its product or service from competing products on the basis of attributes like design and workmanship. Consequently, the answer is:
advertisement- physical characteristicsAdvertisingThe most common or basic form of non-price competition is advertising. Non-price competition in economics consists of expenditures that are promotional such as sales promotion, coupons, advertising, and others. It also consists of the development of the new products, marketing research, and costs of brand management.
Therefore, the correct answer is given above.
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