(d) the insurance company will be responsible for $85,000.
The automobile liability insurance limits of 100/250/75 indicate the maximum amount of coverage provided by the policy per accident. The first number, 100, represents the limit for bodily injury per person, the second number, 250, represents the limit for bodily injury per accident, and the third number, 75, represents the limit for property damage per accident.
In this case, the property damage caused by the teenage driver is $85,000, which exceeds the property damage limit of $75,000. Therefore, the insurance company will be responsible for the full amount of the damages, which is $85,000.
The driver will not be responsible for any portion of the damages in this scenario since the damages are covered under the insurance policy.
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Explain how Transnet could respond to disruption as a risk by
making use of the ‘risk management process’
Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
Transnet could respond to disruption as a risk by making use of the ‘risk management process’ as follows:
Transnet is a state-owned enterprise that is responsible for managing South Africa's railway, ports, and pipeline infrastructure. It must respond to disruption risks in order to ensure that its services continue to run without interruption. Transnet's risk management process can assist it in identifying and addressing potential disruptions.
Explanation
Transnet's risk management process has the following steps:
1. Identify risks: The first step is to determine the sources of disruption and the likelihood of these risks occurring.
2. Analyze risks: The next stage is to assess the potential impact of these disruptions on Transnet's services and to prioritize them based on their severity
.3. Develop risk management strategies: The next stage is to develop strategies for reducing the likelihood of these risks and mitigating their consequences.
4. Implement risk management strategies: The next stage is to implement the strategies and monitor their effectiveness.
5. Review and improve the risk management process: The last stage is to evaluate the effectiveness of the process and make adjustments where necessary.
Conclusion
Therefore, by following this risk management process, Transnet can ensure that it is prepared to deal with disruption risks. This process allows Transnet to identify potential disruptions, assess their impact, and develop and implement strategies to reduce their likelihood and mitigate their consequences. This helps Transnet to ensure that its services continue to operate smoothly, even in the face of disruptions.
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name 3 elastic materials .
Answer:
rubber ,nitrile rubber ,urethane rubber
Answer:
rubber, plastic, and ethylene vinyl
Explanation:
google it.
Under a fixed exchange rate regime, if the domestic currency is initially , the central bank must intervene to sell the domestic currency by purchasing foreign assets. A) overvalued B) overvalued C) undervalued D) undervalued
Under a fixed exchange rate regime, if the domestic currency is initially overvalued, the central bank must intervene to sell the domestic currency by purchasing foreign assets. right answer is A) overvalued.
An overvalued currency means that its value is higher than its equilibrium value in relation to other currencies. In this case, the domestic currency's exchange rate is higher than what would be considered appropriate based on economic fundamentals.
To maintain the fixed exchange rate, the central bank needs to sell its own currency in the foreign exchange market, acquiring foreign assets in the process.
By doing so, the central bank increases the supply of the domestic currency, which helps decrease its value and bring it closer to its equilibrium level.
Therefore, the correct option is A) overvalued.
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A bank's net interest margin is calculated by taking net interest income and:
a. dividing it by the bank's capital.
b. dividing it by the bank's assets.
c. dividing it by the sum of the bank's assets and capital.
d. subtracting taxes.
A bank's net interest margin is calculated by taking net interest income and dividing it by the bank's assets. The correct answer is option (b).
Net interest margin is a key performance indicator that reflects the difference between the interest income earned by a bank on its interest-earning assets and the interest expense paid on its interest-bearing liabilities. Net interest income is the difference between interest income and interest expense, and net interest margin is calculated by dividing net interest income by the bank's average interest-earning assets.
Therefore, option (b) is the correct answer.
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creative sound systems sold investments, land, and its own common stock for $34.0 million, $15.4 million, and $40.8 million, respectively. creative sound systems also purchased treasury stock, equipment, and a patent for $21.4 million, $25.4 million, and $12.4 million, respectively. what amount should creative sound systems report as net cash flows from financing activities? (list cash outflows and any decrease in cash as negative amounts. round your answers to 1 decimal place. enter your answers in millions (i.e., $10,100,000 should be entered as 10.1).)
$ 19.4 million should be reported as net cash flows from financing activities.
What are financing activities?The transactions involving debt, equity, and dividends are included in financing activities. This also include cash inflows from the issuing of debt or equity, cash outflows from stock repurchases, dividend payments, and repayment of debt. The cash outflows are subtracted from the inflows to arrive at the cash flow from financing activities for the period.
Cash flow from financing activities for Creative Sound Systems :
Issuance of common stock $40.8
Add: Purchase treasury stock $21.4
Net cash flow from financing activities: $19.4
Therefore, the net cash flow from financing activity is $19.4 million
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FILL IN THE BLANK. Giving hr managers full control access to files in a folder called hr policies while giving hr representatives read-only access to the files in the same hr policies folder is an example of ___ access controls
Giving HR managers full control access to files in a folder called HR policies while giving HR representatives read-only access to the files in the same HR policies folder is an example of role based access controls.
What is role based access control?It is a term in computer system security which means giving the right access to the authorized users only. The role based access control restricts the access to the system for unauthorized users, so it secures the system from unwanted changes. The role based access control involves certain permission settings and privileges based on what is the role of the users and whether the user is an authorized personnel to perform any change to the system or data.
Your question is incomplete, but most probably the answer choice were:
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Because market and operating conditions are different in each target market, ________. Group of answer choices all consumers will react similarly to the firm's pricing strategy the choice of a pricing strategy is specific to the target market prices need to be held constant because everything else is changing only horizontal price fixing should be used external reference prices will always be the best strategy
Answer: Your answer is "the choice of a pricing strategy is specific to the target market"
Explanation:
I did this before-
in a transitioning economy, why would privatization tend to raise a nation’s overall standard of living?
Option c) people are more likely to be productive when it benefits them personally.
A transition economy is an economy that is evolving from a command economy to a market economy.
Transition economies have undergone a series of structural transformations aimed at developing market-based institutions.
These include economic liberalization where prices are set by market forces rather than by central planning bodies.
It also removes trade barriers, privatizes state-owned enterprises and resources, reorganizes state-owned enterprises and collectively owned enterprises into enterprises, and creates a financial sector that promotes macroeconomic stability and the movement of private capital.
Used in the former Soviet Union and Eastern Bloc countries of Europe, it has also been applied to some Third World countries, with detailed studies of its economic and social impact.
Transitional processes are usually characterized by changes and creation of institutions, especially private companies.
Changing the role of the state, creating radically different state institutions, promoting private enterprise, markets and independent financial institutions
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Complete question:
In a transitioning economy, why would privatization tend to raise a nations overall standard of living?
a) people are less likely to assume the risks of entrepreneurship
b) it places the means of production in the hands of the government
c) people are more likely to be productive when it benefits them personally
d) it places a nations ruling class in a position to administer the economy efficiently
Luis bought a home in 2001 for $135,000. The housiniy market then crashed and in 2009 Luis was only able to sell the home for $102,000. What was the average rate of change for the value of Luis' home per year?
Luis bought the home in 2001 for $135,000 and sold it in 2009 for $102,000, resulting in a decrease in value of $33,000 over 8 years. The average rate of change for the value of Luis' home per year is -$4,125.
To calculate the average rate of change, we need to determine the change in value per year. The difference in value between the purchase and sale price is $135,000 - $102,000 = $33,000. Since this change occurred over a span of 8 years (2001-2009), we divide the change by the number of years: $33,000 / 8 = $4,125 per year.
Therefore, the average rate of change for the value of Luis' home per year is -$4,125. This negative value indicates a decrease in value over time. It's important to note that the average rate of change provides a measure of the overall trend but doesn't account for any fluctuations or specific factors that may have influenced the housing market during that period.
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how can the government promote industrial development in south africa?
Answer:
The growth center concept has formed the cornerstone of industrial development policy in South Africa since apartheid was introduced as a constitutional model in 1948. This paper attempts to recapture the evolutionary development of industrial policy in South Africa and to underline prominent deficiencies in present industrial development policy. South African industrial policy continues the segregation practices of the past, despite the government's repeated statements in recent years that it intends to move away from the concept of apartheid. Guidelines for a revision in industrial development thinking based on sound economic principles rather than concealed political practices are suggested for the country.
T/F : Limited liability means that even in the event of bankruptcy, stockholders in a corporation can lose no more than the amount they invested in the company.
Limited liability means that even in the event of bankruptcy, stockholders in a corporation can lose no more than the amount they invested in the company. This statement is true.
In the event of bankruptcy, a corporation's stockholders are only liable for their initial investment, which is known as limited liability. Beyond the investment they have made, owners of a single proprietorship or partnership may be held personally accountable for the obligations the firm has accrued.
The likelihood that a company will be incorporated increases with the amount of cash it is expected to need. The inability of the firm's investors to transfer their ownership interests is one drawback of founding a corporation as opposed to a partnership.
Therefore, This statement is true.
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What is Triple Aim? And Why it is practical in every day
decision making for healthcare leaders?
Triple Aim is a framework developed by the Institute for Healthcare Improvement (IHI) that aims to optimize health system performance by focusing on three key dimensions: improving population health, enhancing patient experience of care, and reducing the per capita cost of healthcare. The three dimensions of Triple Aim are:
1. Improving Population Health: This dimension focuses on improving the overall health and well-being of a population. It involves addressing social determinants of health, promoting preventive care, managing chronic diseases, and implementing population-based interventions to improve health outcomes on a broader scale.
2. Enhancing Patient Experience of Care: This dimension emphasizes providing patient-centered care that meets the needs and preferences of individuals. It involves improving access to care, ensuring effective communication and shared decision-making between patients and healthcare providers, and enhancing the overall patient experience throughout the care continuum.
3. Reducing the Per Capita Cost of Healthcare: This dimension aims to improve the efficiency and cost-effectiveness of healthcare delivery. It involves reducing waste, eliminating unnecessary procedures or tests, implementing care coordination and management strategies, and promoting value-based care models that prioritize quality outcomes and cost containment.
Triple Aim is practical in everyday decision-making for healthcare leaders for several reasons:
1. Holistic Approach: Triple Aim provides a holistic framework that encourages healthcare leaders to consider multiple dimensions of healthcare performance simultaneously. It helps shift the focus from individual aspects of care to a more comprehensive approach that encompasses population health, patient experience, and cost.
2. Alignment of Goals: By aligning the goals of improving population health, enhancing patient experience, and reducing costs, Triple Aim helps healthcare leaders prioritize and make decisions that balance the needs of different stakeholders, including patients, providers, payers, and the community.
3. Systemic Improvement: Triple Aim promotes a systems-level perspective, encouraging healthcare leaders to identify and address root causes of problems rather than focusing on isolated issues. It promotes the implementation of evidence-based practices, process improvements, and innovations that can have a broader impact on healthcare delivery.
4. Value-Based Care: Triple Aim supports the transition to value-based care models, where the quality and outcomes of care are prioritized over volume. It promotes the integration of preventive care, care coordination, and population health management, which can lead to better health outcomes and cost savings in the long term.
5. Continuous Learning and Improvement: Triple Aim encourages healthcare leaders to adopt a culture of continuous learning and improvement. By setting measurable goals and monitoring performance across the three dimensions, leaders can identify areas for improvement, implement changes, and assess the impact of their decisions on population health, patient experience, and cost.
In summary, Triple Aim provides a practical framework for healthcare leaders to guide their decision-making processes. By considering the three dimensions of improving population health, enhancing patient experience, and reducing costs, leaders can work towards achieving better health outcomes, improving patient satisfaction, and ensuring the sustainability of healthcare systems.
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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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Why would an employer ask about an applicant’s honors, awards, and activities?
Respond in 3-4 well written sentences:
Answer:
Explanation:
To show that you have special skills and what your areas of expertise are.
Answer:
There are multiple reasons employers would want to know about honors, awards, and activities. The first reason is to see if you are hard-working or not, if you have many awards and whatnot, employers will see that you have a good drive to get things done, clubs and activity you’ve participated in shows that you’re a team worker. It can also show your areas of expertise and can show your special skills and abilities.
Explanation:
I took the last part from the other answer but I do flvs career research and this was correct for me
Dr. Genwali developed a study to test whether eating one serving of dark chocolate each day for 4 weeks improves mood in adults reporting high levels of stress. Dr. Genwali has assigned participants in random order to one of two conditions: eating dark chocolate or drinking a glass of water (control condition) at 7:00 p.m. Dr. Genwali's study is best described as a(n
Dr. Gunwale's study can be best described as a randomized controlled trial (RCT). A randomized controlled trial (RCT) is a type of experimental study design commonly used in research to assess the effectiveness of an intervention or treatment.
In this case, Dr. Gunwale is investigating the effect of eating one serving of dark chocolate daily on improving mood in adults reporting high levels of stress.
The study involves randomly assigning participants to one of two conditions: the experimental group, which involves eating dark chocolate, and the control group, which involves drinking a glass of water. Random assignment helps ensure that any differences observed between the groups can be attributed to the intervention rather than other factors.
By comparing the outcomes of the two groups after a 4-week period, Dr. Gunwale can evaluate whether eating dark chocolate has a significant impact on mood compared to the control condition. This design allows for the examination of cause-and-effect relationships and helps control for potential confounding variables.
In summary, Dr. Gunwale's study is best described as a randomized controlled trial (RCT) as it involves random assignment of participants to different conditions to investigate the effects of eating dark chocolate on mood in individuals experiencing high levels of stress.
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Early on in an amortized loan the interest portion of each payment is typically ______ than the principle portion. Towards the end of the loan term the interest portion of each payment is typically ______ than the principle portion. This is because the principle remaining _______ over the life of the loan. A) less / greater / increases B) greater / less / increases C) greater / less / decreases D) less / greater / decreases
Answer:
C
Explanation:
An amortized loan is a form of loan which the principle together with the accrued interest component is gradually written off over an agreed period of time at a specified rate.An equal amount is regularly paid over the extended period.
The interest component of an amortized loan is firstly settled before considering the principle amount , which makes the interest component to be higher that the principle at the initial stages. This process leads to a reduction in the volume of the principle balance with time . Moreover , as the principle reduces with time , the interest expenses also reduces , and it eventually gets to a point where the principle component of repayment becomes greater.
In order to implement contractionary policy, the government and central bank must _____ goverment spending _______ taxes, and _____ interst rates.
Answer:
increase, decrease, decrease
Explanation:
Do you feel that this country has made adequate progress in providing women with rights that are equal to that of men? Explain your answer.
Answer:
Yes.
Explanation:
There are so many opportunities for women to rise to the level of, if not surpass men. The 70 cents to the dollar thing is entirely false, and when accounting for the field and position, women typically make more than men. For single mothers, there is the WIC program (women, infants and children), but can you name a program that specifically supports single fathers? And, somewhat related sidenote, there is the whole "believe all women movement", (which in itself is sexist, but I yield) could you imagine if someone started saying "believe all men"? There is no way that would go over well.
What things might limit the supply in this situation?
Price, the number of providers, the level of technology, government subsidies, climatic conditions, and the availability of labor to create the commodity are some of the variables that will affect supply.
What are the limitation of supply?Even though the price level is extremely low, the seller will attempt to sell more if he anticipates that the price of the commodity would decline in the near future. On the other hand, even if the price level is high, the seller will not make any more sales if he anticipates a future increase in the price of the product. It goes against supply-side economics.
Demand and supply analysis in the economy has its limitations. For instance, the study makes the assumption that other economic parameters will remain constant. Furthermore, it suggests that the demand and supply analysis cannot be applied to the economy if the variables are not constant.
Thus, Price, the number of providers, the level of technology, government subsidies are some of the variables that will impact supply.
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Last year Gray Corp. Had net sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 45. 0%. The firm uses only debt and common equity as financing. Based on the DuPont equation, what was the ROE?
Based on the DuPont equation, the ROE for Gray Corp. is 13.82%, given net sales of $325,000 and a net income of $19,000, and year-end assets of $250,000.
According to the DuPont formula, return on equity (ROE) is the same as profit margin times asset turnover times financial leverage. According to DuPont analysis, return on equity is determined by multiplying the profit margin by the asset turnover rate by the financial leverage.
Total debt to total capital ratio = 45%
Total Debt / Total Assets = 0.45
Total Debt / $250,000 = 0.45
Total Debt = 0.45* $250,000
Total Debt = $112,500
Total Capital = Total Assets – Total Debt
Total Capital = $250,000 - $112,500
Total Capital = $137,500
ROE = Net Income / Total Capital
ROE = $19,000 / $137,500
ROE = 13.82%
Hence, the ROE for Gray Corp. is 13.82%.
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why is it important to analyze your audience when you’re preparing a message?
It is essential to analyze your audience when you are preparing a message because it will enable you to tailor your message according to the needs and expectations of your audience.
When you analyze your audience, you will be able to customize your message to suit their needs and expectations. You will also be able to ensure that your message is clear, concise, and relevant to your audience. If you don't take the time to analyze your audience, your message may not be effective, and your audience may not understand or appreciate it.There are several key benefits of analyzing your audience when preparing a message.
First, it will help you to identify the needs and interests of your audience. Second, it will help you to determine the appropriate tone, style, and language to use when delivering your message. Third, it will help you to anticipate and address any potential objections or questions that your audience may have. Finally, it will help you to establish a connection with your audience and build trust and credibility with them.
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Drop down options from
top to bottom
1.) No / Neither, she broke even
2.) The same as / more than / less than
3.) her employer only contributes to premiums / the more
premium her employer pays, the le
2. Benefit of health insurance - A cautionary tale In 2016, Maria became responsible for providing her own health insurance. She obtained suitable coverage and paid annual premiums as shown in the fol
The given options appear to be part of a sentence or a paragraph discussing Maria's health insurance situation and her employer's contribution to premiums.
The provided options seem to be continuation points for a discussion about Maria's health insurance situation. Let's break down the options and their potential meaning within the context:
1.) No / Neither, she broke even:
This option suggests that Maria did not incur any financial gain or loss from her health insurance coverage. She may have paid premiums equal to the benefits she received, resulting in a break-even situation.
2.) The same as / more than / less than:
These options indicate a comparison between different aspects of Maria's health insurance coverage. The complete sentence might provide additional details to complete the comparison. For example, if the sentence were "The premiums Maria paid were [the same as / more than / less than] what her employer contributes," it would be discussing the comparison between Maria's premiums and her employer's contribution.
3.) Her employer only contributes to premiums / the more premium her employer pays, the less:
These options seem to be discussing Maria's employer's involvement in paying health insurance premiums. The sentence may explore whether her employer solely contributes to the premiums or if there are additional benefits provided. The second part of the option suggests that as her employer pays more premiums, Maria's responsibility for payment decreases.
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How does completing a Free Application for Federal Student Aid (FAFSA)
application assist in postsecondary education?
OA. The FAFSA determines the credit limits that a student or their
guardian can meet.
OB. The FAFSA identifies which trade schools are best suited to your
mechanical skills.
OC. The FAFSA identifies which colleges would match to your interest
inventory.
OD. The FAFSA guides students to financial aid packages for which
they qualify.
Option (d), The Free Application for Federal Student Aid (FAFSA) application assists students in finding the financial aid packages for which they are eligible in postsecondary education.
Who is qualified to fill out an FAFSA?The Free Application for Federal Student Aid is a vital resource for students looking for financial aid (FAFSA). In addition to requesting federal aid for higher education, students must file the FAFSA in order to be considered for awards from organizations, states, and private benefactors.
To be qualified to submit the FAFSA, a student must have financial need, be enrolled in a college or university's diploma or certificate program, be a U.S. citizen, or be an eligible noncitizen. A valid Social Security number, maintaining satisfactory academic progress, and receiving a high school diploma are only a few of the additional requirements for federal eligibility.
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Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm continues to do business. this is:_______
Rollo is a member of smooth operators llc, a limousine service. rollo’s relationship to smooth operators ends, but the firm continues to do business. this is dissociation.
One way the mind deals with too much stress, such as during a traumatic experience, is through dissociation. Dissociation experiences can last for a very short period of time (hours or days) or for a very lengthy period of time (weeks or months). You could acquire a dissociative disorder if you disassociate for a prolonged period of time, especially if you're young.
Everyone has gone through this process before. Daydreaming, highway hypnosis, or "getting lost" in a book or movie are all instances of mild, everyday dissociation that include "losing touch" with awareness of one's immediate surroundings.
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Use the following table to screen the business idea of selling facial mask:market size and reason, number of jobs created and reason, potential profit and reason, quality and reason, cost per job and reason
Potential profit and reason is the business idea of selling facial mask. Selling the mask can be lucrative endeavor.
Can one sell masks?Regardless of how competitive the face mask industry is, a person may profit by selling this useful product to clients.
The most successful face mask sellers on Etsy have developed a keen eye for detail. Here's a rundown of everything you should do if a person want to be one of them.
Thus, option C is correct.
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The purpose of this category of interview questions is to learn about the interviewee’s personal attributes.
a.
General information questions
b.
Behavioral questions
c.
Character questions
d.
Stress questions
The correct statement will be that the purpose of the behavioral questions is that it helps to learn about the interviewee's personal attributes. So, the correct option is B.
Behavioral questions are an essential part of the interview as it tells about the interviewee's knowledge other than his educational and qualification skills applicable in the real world.
Behavioral questions are a set of questions asked by an interviewer to the interviewee in the rounds of interviews that follow. Such questions tell so much about the interviewee as it denotes their personal attributes.Such questions help to determine the intelligence, presence of mind, practical behavior in a situation and an ideal set of practices followed by such person applicable to the work environment.Behavioral questions also tell so much about how the person readily accepts a mistake committed and the steps they took in such a situation to rectify the mistakes.Hence, the correct statement is B that the Behavioral questions' purpose in an interview is to tell about the interviewee's personal attributes already faced by such person.
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Answer:
B
Explanation:
Behavioral questions
The advertising industry was worth how much money in 1920?
$3,000
$300,0000
$3,000,000,000
$300,000,000
Answer:
3,000,000,000
Explanation:
let me now if I'm wrong
Last year, Monica's Mantles sold 20,000 mantles at $120 each, for a total of $2,400,000. This year she expects to increase sales volume by 10%, and to increase the selling price by $8 per mantle. Expected sales revenue for this year is :
$2,600,000
$2,500,000
none of the listed answers are correct $2,772,000 $2,750,000
The expected sales revenue for this year is $2,816,000. Therefore, the correct option is: $2,772,000 (none of the listed answers are correct).
Sales revenue = Sales volume * Selling price= 22,000 * $128= $2,816,000. Monica's Mantles made $2,400,000 last year by selling 20,000 mantles for $120 a piece. She anticipates a 10% rise in sales volume and a $8 increase in selling price per mantle this year. To find the expected sales revenue for this year we need to calculate it using the formula as follows: Sales revenue = Sales volume * Selling price. We have, the selling price of each mantle in this year = $120 + $8 = $128. The sales volume for this year = 20,000 + 10% of 20,000 = 22,000. Hence, expected sales revenue for this year= Selling price * Sales volume= $128 * 22,000= $2,816,000. Therefore, the correct option is: $2,772,000 (none of the listed answers are correct).
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Recount the methods used to assign costs to inventory and cost of goods sold under both a perpetual and a periodic system.
A. First-in, last-out
B. Specific identification
C. First-in, first-out
D. Last-in, first-out
E. Last-in, last-out
F. Weighted average
Answer:
Explanation:
Perpetual inventory system is an inventory management system that records the real time transaction of inventory through a continuous tracking of movement by technology .
In periodic inventory system , inventory update are made on a periodic basis , and as such is less efficient when compared to the perpetual method.
The four known methods of inventory valuation are weighted average , First -in-first-out , Last -in - first-out , weighted average and the specific identification method
Answer: weighted average, specific identification, first in first out, last in first out
Explanation:
According to nutt and backoff, the _____ approach to crafting a vision is one in which the ceo provides the strategic vision for an organization.
According to Nutt and backoff, the leader-dominated approach to crafting a vision is one in which the CEO provides the strategic vision for an organization.
Maximizing your organization's effectiveness requires leaders who tailor their leadership approach based on the organizational culture, their team’s dynamics, and the specific task at hand. This article describes two distinct leadership approaches – dominance and prestige – each with their own advantages and drawbacks. To help your organization reach its potential, select leaders who know how to leverage both.
As leaders, dominance-oriented people enjoy making decisions for their team, giving orders, and getting things going. They are interpersonally assertive, sometimes overwhelmingly so. In meetings, they often do most of the talking and may even lower the pitch of their voice as a means to intimidate others.5 Dominance-oriented leaders often leverage their power and positions of formal authority to coerce people into doing what they want them to do. For instance, managers who are highly dominance-oriented tend to incentivize their employees with bonuses and promotions and coerce them with the threat of punishment. In essence, they are less concerned with fostering positive relationships with their team members than they are with getting things done – the way they see fit.
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